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VA BANK / QUOTATION RECORD REG. U. S. PAT. OFFICE MAY IN RETROSPECT Fill Pag* Hides and Leather 9 11 Iron and Steel Trade...- 8 Course of Stock Market 16 Money Market 17 Dividend Declarations 15 New 13 18 Petroleum and Its Products 10 Rubber. 10 Commercial and Financial Events 1 Cotton Federal Reserve Bank—Brokers' Loans Foreign Affairs 6 ---- Foreign Exchange Textiles 18 Grain—Coffee—Sugar Security Issues 10 United States 9 Securities Called for Treasury Financing Redemption 13 54 INDEX TO STOCK EXCHANGE QUOTATIONS p«g* Baltimore Stock Boston Stock 55 New York Curb — 56 New York Stock Exchange—Bonds 19 52 New York Stock Exchange—Stocks 31 57 Philadelphia Stock Exchange 59 58 Pittsburgh Stock Exchange 65 63 San Francisco Stock Exchange. Exchange Chicago Stock Exchange.. Cleveland Stock Detroit Stock Exchange ... Exchange. Los Angeles Stock Pag* .... Exchange Exchange INDEX TO GENERAL Exchange 41 .... QUOTATIONS Pag* Banks and Trust Domestic Companies— 60 Page Municipal Bonds— 101 Domestic 110 ... Canadian Canadian 91 93 Exchange Seats 83 Public Utility Bonds 72 Federal Land Bank Bonds 91 Public 76 Foreign Government Bonds 92 Railroad Bonds 66 Industrial Bonds 80 Railroad Stocks 70 Utility Stocks Industrial Stocks.. 84 Real Estate Bonds.... Insurance Stocks. 79 Real Estate Trust and Land Stocks 84 Investing Companies Securities 71 Textile Stocks 84 Joint Stock Land Banks— Securities Title Guarantee and Safe 83 , Mill Stocks—see Textile Stocks— 84 William DANA 84 91 United States Territorial Bonds 91 5. "ULTT-Q B. Deposit Stocks United States Government Securities, Mining Stocks WILLIAM 100 194:1 COMPANY, Street, Corner of Spruce PUBLISHERS Street, New York On! i" Jfofje gjepocrsii atxxl *Qx\xst Co. —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 gINCE 1876 this Company has devoted itself exclusively to the management and conser¬ estates—specializing the whole effort vation of of its It is highly trained organization in this business. one country of the which few has trust never companies in the engaged in general banking, selling securities, etc. Its Directors are: Charles H. Babcock A. E. Duncan Edwin G. William L. Galvin Baetjer William G. Baker, Jr. Robert Garrett Howard Bruce J. Edward Johnston George C. Cutler Blanchard Randall Lyman Delano Charles E. Rieman BANK/QUOTATION RECORD U. «. REQ. COMPANY, in office of Librarian of Congress, Washington, D. C. the Post Office at New York, N. Y., under the Act of March 3, 1879 Copyright in 1941 by WILLIAM B. 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DANA COMPANY, Publishers, William Street corner Spruce Street, New York EVENTS FINANCIAL Roosevelt's President national emergency" naval, military, on aggression Hemisphere" repel any declaration his part of the Western Germany must be that overshadowed all other events—domestic and defeated nounced decision to proclaim his a for¬ The President an¬ eign—during the month under review. full emergency, a step which, under the law, he cannot take until he believes war "imminent," at the end of his long-awaited fireside be to chat In hifs 45-minute address to the Nation the President reviewed the dangers which this country faces as a result of the continued advance of aggressor nations and outlined Administration is taking to meet those the steps which the The dangers. took President of the military cognizance possession by the Nazis "of the greater part of Europe" and the threat bases to extend armed the such to power strategic Dakar, the Azores and Cape Verde Islands, and in as stating that "the war is approaching the brink of the West¬ Hemisphere itself," warned that "control or occupation ern and the President told reporters at a press For the time being, conference on May 28, the day slowly in implementing his emergency powers proclamations disclaimed President the Neutrality Act no conflict between his proclaimed seas nental United States itself." against American merchant vessels Cabinet—Secretary of the Navy Knox and members of his seas, they are certainly defeated." this country would not hesitate to insure to fail to gain control of because "if the Axis Powers seas, the He indicated that take the necessary steps but he did not specify what these that freedom, steps would be. policy of freedom of the seas. to the Mr. Roosevelt also The President on and men May 27 told the people that "with consciousness to my of my responsibilities to country's cause, I my the of convoying goods to Great Britain protection of the Navy. pro¬ country¬ have tonight issued a proclamation that an unlimited emergency exists and re¬ LaGuardim President Establishes Office of Civilian Defense—Mayor of New York Director order setting up the President moved to (May 20) the month in Earlier bolster this country's home defenses by issuing an executive the Office of Civilian Defense and appoint¬ LaGuardia of New York City as its direc¬ his executive order the President said that the ing Mayor F. H. In tor. new was agency designed to assure effective coordination with State and local governments relations Federal provide for necessary co¬ engaged in defense activities; to National Emergency found to return At his press confer¬ disclaimed the idea that this Gov¬ of the Neutrality Act as a means urged repeal of President Roosevelt Proclaims Existence of Unlimited May 21 and 22, respectively, Secretary of War Stimson—on ence entering combat zones. disclaimer despite the fact that two The President made this The greatest need, Mr. Roose¬ said, was for the maintenance of the freedom of the policy of freedom of the restrictions that the neutrality law contains and the under velt intention or desire to have any repealed or modified, because he sees jeopardize the immediate safety of portions of North and United orders executive or ernment had any idea States, and therefore of the ultimate safety of the conti¬ after his fireside chat, that by specifically assuming such powers. He also told reporters that if his appeal to labor and capital to refrain from strikes, and if the threat of action implied in his proclamation is not sufficient to keep industrial peace, further positive action may be forth¬ coming to keep production rolling. During the conference he will go by Nazi forces of any of the islands of the Atlantic would South America, and of the island possessions of the And it called upon the people capital." the May 27. on only type of government "which recognizes the labor States. be put on and all acts or threats any toward directed and defenses will and civilian air unlimited Nation's "an of proclamation May 27, under which the the "basis of readiness to of AND OF MAY—COMMERCIAL REVIEW rights 'To place the Nation's needs first in mind and action to the end that we may mobilize and have ready for instant de¬ fensive use all of the physical powers, all of the moral strength, and all of the material resources of this Nation." Under a*full emergency proclamation the President is given almost complete control over labor, management and other elements in the organization of the national life, and his authority to eliminate internal strife and suppress sub¬ versive.activities is greatly increased. For example, he is empowered to take possession and assume control of all transportation facilities necessary to move the military forces; to prohibit transactions in foreign exchange and suspend all trading on national securities exchanges for 90 days; and to suspend the provisions of laws prohibiting more than eight hours of labor in any one day by persons engaged on work covered by contracts with the United the Quotation Record and of the Commercial year. NO. 6 NEW YORK, JUNE 5, 1941 VOL. 14. a PAT. OFFICE operation with State and local governments in respect to measures for adequate protection of the civilian population in emergency periods; to facilitite constructive civilian par¬ ticipation in the defense program, and to sustain national morale. quires the strengthening of our defense to the extreme limit of national power and our In the proclamation authority." President Calls Increase for in Bomber Production and Supply of Airplanes itself Mr. Roosevelt cited two reasons for its issuance: First, ents plan that a succession of events made it accomplished by the destruction of all resistance air; and States a second, indifference to Nation in peril, this on so that on land, the part common permit instant repulse of aggression "as well of predatory incursion by foreign agents into The President's our as sea of a meantime the country's defense and in the this the United His first action in basis which to repel the threat territory and society." engaged in defense production to assist "to the end that to a President moved and the substantial increase in heavy bomber production for defense of this country and the vital defenser of other democratic, nations." Stimson to take whatever The President instructed Mr. action is needed to accomplish sible retary ployers to merge It their called upon differences to employees insure and survival em¬ of the of aiding defense of Great Britain. the. increased bomber program and survive." increase this regard was the dispatch of a letter system of government which makes private enterprise pos¬ may to Secretary of War Stimson on May 5 in which he called for a the "effective proclamation called upon all loyal citizens the available supply of military airplanes as a means prudence dictates policy of passing beyond peace-time military measures to will : that would place the In clear that the Axis belliger¬ "overthrow throughout the world of existing democratic order," of the Management to cooperate with Navy Knox and the Office in working out the proper Sec¬ of Production procedure. It MONTHLY BEVIEW 2 publican reported that the expanded program calls for the production of 500 bombers a month. The second action taken by the President to increase the supply of airplanes was the dispatch of a message to Congress on May 27 in was $35 May 8, Secretary of the Treasury Morgen¬ recommended extension of the President's monetary powers because of the critical period ahead. The Secretary of the Treasury said that this certainly "is not the time to remove flexible powers from the Executive when the executives of all other nations possess virtually complete appropriation, it was said, would bring the combined program. According to a statement from the Budget Direc¬ tor accompanying the President's message, this appropria¬ powers over the domestic and external monetary affiars their countries." This, he said, is hardly "the time for contingencies which have arisen since the transmission of the budget for the fiscal years 1941 and 1942. The Military Subcommittee of the House Appro¬ tion is to provide abandon the to priations Committee approved the President's request on May 28 and at the same time approved the $9,452,000,000 War Department bill, the largest Army appropriation bill sipce the last war. last month consideration its continued of the various tax six weeks to shape up a new revenue that the $3,500,000,000 of reservation at Guantanamo Bay, Cuba, for the pur¬ of the national defense. The area covered by the order, which becomes effective in 90 days, are the territorial waters within Guantanamo Bay surrounding the Guan¬ tanamo Naval Reservation as laid down in the 1903 agree¬ space proposals measure. additional order poses Committee ment taxes between the two All vessels, other than countries. public vessels of the United States and vessels engaged in Cuban trade, and all aircraft, except public aircraft of the United States, are forbidden to enter these areas unless authorized by the Secretary of the Navy. After President Roosevelt, in a letter to Representative Doughton, Chairman of the Ways and Means Committee, on May 2 declared economy." President Roosevelt issued on May 1 an executive raise to protect the dollar and the American establishing a naval defensive sea area and a naval air¬ $3,500,000,000 in additional revenue to help finance the national defense program. Headings were completed on May 28, but the committee estimates it needs designed to machinery of control which we have built up Sets Up Naval Defensive Sea Area and Naval Airspace Reservation at Guantanamo Bay, Cuba Measure Proposing $3,500,000,000 House Ways and Means the of President Roosevelt in New Taxes for Defense Costs All In testifying on the before the House Committee on Coinage, Weights thau Army and Navy Air Force nearer to the goal of 50,000 planes set by the Chief Executive at the start of the defense on "no additional and Measures, on which he asked for additional appropriations and contract House Committee Ends Hearings to provide that foreign gold shall be purchased" at more than ounce—the current price. an measure authorizations of $3,319,000,000, principally for more planes. The Minnesota) of amounts of pro¬ New Division of Defense Aid Reports Created by President Roosevelt Secretary Morgenthau represents the "minimum —Major General James H. Burns Heads Agency of our revenue requirements," and that the new tax bill i 'President Roosevelt- announced on May 6-that he had should Ibe "so "devised "that every individual and every r designated Major-General James H. Burns of the United coloration will bear its fair share of the tax burden," the States Army as executive officer of the Division of Defense Treasury Department submitted additional tax proposals to Aid Reports in the Office for Emergency Management, "to the committee on May 19. The Treasury's new recommen¬ administer the functions described in the executive order dations, which were submitted by John L. Sullivan, establishing said division, which functions are essentially Assistant Secretary of the Treasury, call for a revision of of a military character, under the direction and supervision the Excess Profits Tax of 1940 to recapture at least $1,096,of the President as Commander in Chief of the Army and 000,000 excess and other profits from the defense program. Navy of the United States." Mr. Sullivan told the committee that enough returns had The executive order creating the division was issued by bfeen filed to convince the Treasury officials that the profits the President on May 2. General Burns, Who has been an of many firms are not being touched by the excess profits aide to the Under-Secretary of War, will, it is stated, be in tax. He suggested that profits in excess of a necessary charge of the transactions and requests for aid under the normal return on invested capital, even if the return was "Lease-Lend" Act and will record and report on the progress being earned in the years prior to the defense program, under the aid program. He will be chief assistant to Harry should be subjected to special taxation. Mr. Sullivan stood L. Hopkins, lease-lend supervisor. on his previous testimony that the income tax base should posed by President not be broadened, but he was in accord with Leon Hender¬ Administrator of Price Control, and Marriner S. Eccles, Chairman of the Board of Governors of the Federal Reserve.; System, that excise tax levies could be extended son* to to Reduces Amount Requested for Work Relie $886,000,000 from $995,000,000 goods which compete with the defense effort, such President Roosevelt, in a special message to President requirements for the 1942 fiscal year and recommended an as a reduction of $109,000,000 January. The President ex¬ plained that "while the increase in defense expenditures will have an important bearing on employment, we cannot anticipate an increase in employment in the same propor¬ tion as the increase in expenditures for next year." He added that the increase in employment due to the national defense "will not necessarily result in a corresponding de¬ crease in unemployment." Of the $886,000,000 now requested for relief work, $11,000,000 will be for administrative expenses of agencies other than the Work Projects Administration, while the remainder will give employment to an average of 1,000,000 persons monthly. For the fiscal year ending~3une 30T1941, Congress provided $1,350,650,000 for the WPA, voting $975,650,000 last June for the first eight months' activity and $375,000,000 in February, this year, for the last four months of the present fiscal year. In his current message Mr. Roosevelt called for a broadening of the WPA defense training pro¬ gram; removal of the present requirement that persons em¬ ployed continuously for 18 months be removed from relief rolls; elimination of the ban on employing aliens on the WPA, and inclusion of WPA administrative employees and other employees paid from relief funds in the civil service. appropriation ' . ; ' . ' on Measure Providing for Government Loans Basic Farm Crops at 85% of Parity of the farm parity bill (or completed on May 14 when the Senate ap¬ proved a, conference report which had been adopted by the resolution) H^pse of $886,000,000, from the amount asked for in Roosevelt Signs (•The. lengthy .Congress on May 20, revised his original budget estimate of work relief ahtOmobiles, refrigerators and the like. - Roosevelt - consideration was the previous day. As signed by the President on the resolution provides for loans up to 85% of .parity prices to producers of wheat* corn, cotton, tobacco and rice, Prior to the approval of the resolution there was some doubt as to whether the President would sign it be¬ cause the farm bloc in Washington had already pushed through the Senate a measure which would provide more than $200,000,000 in additional parity payments this year. The President signified his approval of the legislation on May, 26, however, after he had reached an agreement with legislative leaders whereby only enough money would be appropriated in the pending Agriculture Department appro¬ priation bill (agreed on by the conferees on May 28) for parity payments, which are different from parity loans, to give the farmers a total remuneration equal to parity. Ip other words, the President said, an agreement had been on May 26, - reached whereby under no circumstances would the 85% parity loan, the cash parity payment and the soil conserva¬ tion payment exceed parity. President Roosevelt Signs Naval Appropriation President Roosevelt Bill to May jg signed the 1942 Navy De¬ partment and Naval Service appropriation bill aggregating Another important measure acted upon by Congress last month was the bill which extends for two years the author¬ $3,415,521,750. Congress completed action on the measure on May 1, when the Senate adopted the conference report which had been approved by the House on April 29. This bill, which is the largest in peace-time history, was orig¬ inally passed by the House on March 14 and the Senate on March 20. Included in the total is $1,515,000,000 for the shipbuilding program, in pursuance of the "two-ocean" navy policy, and $434,550,000 for aircraft, of which $350,372,000 would be available for payments on 7,129 planes now on Hduse Passes Bill Extending for Two Years President's Power Fix Gold Content of Dollar ity of the President to operate the $2,000,000,000 Stabiliza¬ Fund and to fix the gold content of the dollar. The House, by a vote of 226 to 138, passed this measure on May 27 tion after all attempts to curtail the power granted by the bill Amendments which were beaten down had been defeated. included one which would have fixed the maximum price of foreign gold at $35 an ounce, and another which would have reduced the stabilization fund from $2,000,000,000 to $200,000,000. As it is, if the on order. approved by the Senate the President will have the power to raise the price of gold (and thereby devalue the dollar) to $41 an otmce and to continue operating the stabilization fund from June 30,1941, to June 30,1943. Reversing a vote on May 13, the-House Committee on Coinage, Weights and Measures* by a vote of 13 to 6 on May 14 dropped a provision which Congress Passes Bill Giving RFC Broad Powers to Expedite Defense would have curbed President Roosevelt's power to fix the deem measure is In its consideration of the bill May 13 had accepted, by a vote of 9 to 7, amendment sponsored by Representative Andresen (Re¬ Program—-Borrowing Power Increased by $1,500,000,000 Legislation increasing the borrowing power of the Recon¬ struction Finance Corporation by $1,500,000,000 to meet national defense needs and authorizing the creation of Gov¬ ernment corporations "with power to take any action which the gold content of the dollar. the committee on an v President and necessary the Federal Loan Administrator may to expedite the defense program" was ap¬ proved by the Senate on May 16 by a voice vote and by the House 6n May 28 by a vote of 217 to 114. House amendinents will have to be approved by the Senate or the meas- will ure be broadened life the and of the Under the legislation to conference. sent would be authority of the defense subsidiaries of the RFC Corporation Loan Disaster the extended until Jan. 22, 1947. The measure also permits loans to foreign governments when American securities are offered and the Home Electric Farm and St ate-Justice-Commerce was April on testifying in favor of this bill before the House com¬ on May 7, Jesse H. Jones, Federal Loan Adminis¬ trator, said that the foreign government loan provision would permit the RFC to forestall liquidation of British holdings in the United States at distress prices. Foreign War Signs President Roosevelt Department it in conference. on Bill Civil Functions lying idle in American ports by the Senate all foreign May 15, by purchase, vote of a charter, provided in all tied 20, the President 59 to requisition and cases. ports; 11 French, acquire the vessels by can condemnation, with just compensation approximately 83 foreign-flag ships or There American in up by 266 to 120, and by the Senate on May 7, on approved by the House on May 27 was Under the legislation, which was originally May 29. on approved by the House now are include two German, 28 Italian, 89 have been taken into custody by the these all of which United States Coast Guard. signed this $228,601,828 measure on Final action had been taken on it by the Senate the House on May 15, when approving the conference report. This bill, providing for river and harbor improve¬ ments, flood control, and other projects, originally passed the House on March 27 and the Senate on April 29. Bill—A conference report on the Adminis¬ Ship-Requisitioning tration-sponsored bill giving the President power to requisition vessels Danish Roosevelt 3 329,317 will have to be compromised and In mittee President Appropriation Bill—This $279,416,517 measure May 19. When this bill passed the House only carried $212,087,200. The Senate addition of $67,- approved by the Senate on is Authority collateral. as 3 MONTHLY REVIEW June, 1941] Bill Giving Government Shipping—Legislation Merchant Over Control May 26. providing for priorities in transportation by merchant vessels in the interest and of President Roosevelt signed on Mines, which will prepare statistics and studies as to report them to Congress. conditions and Commissions to Legislation of Roosevelt signed on Authorizing 2 May legislation the merchant Congressional action ships. this measure on April 28 when the House adopted a con¬ ference report, the Senate having approved it on April 25. The legislation, which had originally passed the House on March 17 and the Senate on April 15, places the Maritime was completed Commission other The measure, that have providing facilities, such as school systems, sewage disposal, waterworks, &c. President Roosevelt asked Congress for the appropriation on Feb. 24 explaining that local governments cannot be expected to assume all the risk attributable to the for on a parity with the Navy Department and advertising and competitive bidding for ship private contracts is eliminated. the Extending Licensing Export Control System to defense Congress tion effort and Completes Action Defense the interests of White House announced Senate The the Senate on May 15 and the House on May 19, was neces¬ in order that the United States may control materials which otherwise would be lost, particularly some Philippine commodities important to the defense program. This legis¬ lation, which had been requested by the War Department because of defense needs, had the support of the Philippine sary Government. tration-sponsored bill coming FHA the increase from President Roosevelt signed on mortgages also would increase I the of Construction? eral Legislation authorizing the acquisition by the Navy of 58 auxiliary vessels totaling 550,000 tons was passed by the May 24. May 20 and signed by the President on This measure, which permits the expenditure of an esti¬ mated $350,000,000, was approved by the House on May 19. on The bill .provides for the purchase of various types of exist¬ ing auxiliary ships and vessels which can be converted into auxiliary vessels or the construction of new ships. The Navy's total auxiliary strength by the summer, at which time these additional ships will have been commissioned, would be 396 vessels totaling 1,652,181 tons. Office by Congress last month adopted the (May 22). House Feb. Interior and sent to the for first on May 23 com¬ the House had approved the day before this measure on Mlay 7, and the passed Signing by the President was reported Senate Appropriation a the 1942 the current year's mended report Senate Department Department than conference The 13. Bill—The Senate Appropriation Bill—On May 14 on the is limited Act culture year. House The bill carries Committee basis" failed and committee this $27,846,047, was passed by the House on which May 16. repair loans construction of he Bill Senate to to that Government last of year vetoed insurance crop a as satisfactory actuarial insurance plan for self-supporting The President, in a letter to the House consideration extending insurance to other Withholding on system "not yet on a fully "a indicated 6, the said to wheat was provide passed by the Senate was Roosevelt President 6. because to May on time Cotton "might be given" at crops. from Stocks LOan Market—The May 23 passed a bill providing for withholding from the normal of trade and commerce cotton of the 1940 and previous crops owned is by the Government This loans. bill, or which is pledged sponsored by Senator as Smith, security for Democrat of Carolina, Chairman of the Senate Agriculture Committee, now goes House. the Supreme Court Upholds Regulation of State Primaries U. S. decisions The gress of the Cburt Supreme last month were handed down on May 26, that Con¬ has complete power to regulate primary elections for This four- the nomination of candidates for Federal office. to-three decision, reversed which overturned a 20-year-old principle, of a Federal judge in Louisiana who against five New Orleans election of ballot alteration and fraudulent vote action the indictments accused counting. Justice Stone, who wrote the opinion, said that: "a election primary meaning of which election for candidates circumstances of this involves a necessary step in of representatives in Congress, and case controls constitutional the that choice, and provision is is the choice of which in the election within an the subject to congressional regulation as to the manner of holding it." U. S. Court Upholds Right of Nebraska and Florida to Supreme Bar Price-Fixing Combinations—Legislation Challenged by A. S. C. A. P. The right of States to regulate "combinations in restraint upheld by the United States Supreme Court of trade" May 26, when, in a unanimous decision by Justice Black, Florida have the power to bar to fix prices by copyright owners. It was pointed out by the Associated Press that the court did not rule on the legality of the laws as a whole, but confined its conclusions to the restraint phase. The Associated Press, in Washington advices, May 26, said: carries a controversy American Anti-trust tion. C. A. P. S. recom¬ total of over the legislation grew out the attempt of by the Society of Composers, Authors and Publishers to oontrol prices charged for public playing of music produced by members of the organiza¬ A. was was combinations with measure, and bill A similar May on bill experimentally applied more by the Budget Bureau. Bill—This modernization for The present Federal Crop Insurance was approved by the House Agri¬ to the House. general application to all crops." The passed $21,477,246 appropriation, but $6,317,270 less than Legislative Appropriation limit the on The Act. to wheat. insurance cotton June 2. $177,027,078 appropriation bill for the Interior fiscal House it ruled that Nebraska and are this measure, which appropriates $1,147,624,384, when it on the on Congressional Action follows: pleted action by approved was insurance to cotton, effective in 1942, crop May 15 and sent on officials of 58 Auxiliary Naval Vessels Treasury-Post property $2,500 to $3,000; both of these functions are under Housing President Signs Legislation Authorizing as insure to and raise the maximum loans for $2,500 to $5,000, small houses from dismissed upon May 16, both actions existing structures and authorizing on $5,000,000,000 to featured by the ruling, acted 23. on mortgage insurance limit of the National Housing Act May 24, a bill making an appropriation of $174,409,630 "to supply urgent deficiencies" in certain appropriations for the fiscal year ending June 30, 1941. Of the total, $165,000,000 is for permanent and temporary defense housing. This measure, as it passed the House on May 7, amounted to $173,749,630, but the Senate in approving it on May 19, increased it to $174,409,630. This $660,000 increase was agreed to by the House on May 21.- Other May on report Under existing law this authority would expire on July 1. measure Title conference Housing Administration Federal the the in $4,000,000,000 May 15. from the 8, and the Senate on May on improvement loans and an South measures completed was that the President had signed this Authority Extension Bill—-Legislation extending until July 1, 1944, authority of which Other defense 2 adopted 23 May on voice votes. on Government Appropriation Bill Senate June action the measure by a vote of 35 to 25; the report had been approved on May 22 by a voice vote of the House. The House originally passed this Adminis¬ channels Urgent Deficiency or Authority to Fix on the legisla¬ to impose priorities on American powers national on in share defeated. Broadening Bill on must Government were Production—Congressional giving the Government broad in Federal the that Extending Federal Crop Insurance to Cotton—Legislation extending Fed¬ President Roosevelt signed on May 28, the resolution extending the export licensing control system to all terri¬ tories, dependencies and possessions of the United States, including the Philippine Islands, the Panama Canal Zone and the District of Columbia. This measure, which passed Acquisition would assist those communities Senate, Efforts to reduce this figure in Priorities Philippines Signed by President Roosevelt President Roosevelt Signs $174,409,630 the to goes financing. new Legislation now national on agencies of the Government in that the requirement May 9 authorized the on been overtaxed by the influx of defense workers in The authorizing the United States Maritime Commission to enter into negotiated contracts for the construction and repair of facilities, repairs and other accommo¬ public facilities made necessary by the defense program. which measure. President The ships holding priority warrants would cargoes. Community Defense Facilities Bill—The House industry Maritime Negotiate Contracts for Merchant Ships Signs voyages, rates and appropriation of $150,000,000 to provide for the acquisition and equipment inspection of coal mines under the direction of the Bureau Roosevelt gives the Maritime Commission power to issue pri¬ ority warrants to vessels in return for compliance with Commission control over May 7 the bill providing for and investigation of coal mines for the purpose of obtaining information relating to health and safety conditions, accidents, and occupational diseases therein. Congressional action on the measure was com¬ pleted on April 28 when the House adopted a conference report. The Senate approved this report on April 25. The legislation originally passed the House on March 13 and the Senate on March 27. The bill provides for the annual President May 20 and sent to the passed by the House on was measure dations. Federal inspection of defense This receive preferential treatment in port Coal Mine Inspection Bill President Signs national Senate. proceedings were broadcasting companies As to the brought by the Justice Department against settled recently by a consent decree after controversy over renewal of license fees. Supreme Court conclusions the United Press reported the following from Washington, May 26: ' 4 REVIEW ' Justice Hugo L. Black wrote the opinion in the Florida A. opinion which approved S. 0. A. P. pattern for legislation which if adopted generally by the States would require drastic reorganization of the functions case—-an the of which controls society, popular music. The section "substantial" . . of the rights to a referred to forbade major share of America's member of its Economic He Research. of and 1937, has Florida the law combine for copyright owners in of fixing fees for public the purpose their work. Division, and later appointed was served continuously since that time. Mr. the Commission, it is explained, to American member of the Board to manage the become the American-Chinese currency stabilization fund. new The Phelps-Dodge Strike at N. United States Supreme Court Upholds Commission Rates Prescribed by Former Secretary of Agriculture Wallace in Kansas City Stock Yards Case In a six-to-one decision the United States Supreme Court, May 26, upheld the rates prescribed by Henry A. Wallace as Secretary of Agriculture for livestock commission men of the Kansas City Stock Yards. The effect of the decision, which ends 11 years' litigation is, it is said, to require dis¬ tribution of a $586,000 fund, impounded in the District Court pending settlement of the issues, to livestock pro¬ ducers who dealt with the Kansas City merchants, w;„ The decision, which it is said has no effect on future rates at the Kansas City Stock Yards, was written by Justice Frankfurter. Justice Owen J. Roberts dissented and Justice Stanley F. Reed took turned United Supreme Court Upholds New York State Deficiency Judgment Law—Refuses to Review Decision on New York Blue application of New York legislation enacted April 7, 1938, revising the method of obtaining deficiency judgments when sale of mortgaged property failed to pay off the indebtedness, was held constitutional April 28, in a decision rendered by the United States Supreme Court. Also on April 28 the United States Supreme Court refused to review officials decision a of the Circuit Court which, according State, would "in large measure nullify" the State's "blue sky" law designed to protect small New of York investors. . of Law of Sea, Say ■ Ship in Domestic Port on U. - . , Sit-Down Strike by Seamen not in Violation Court of Appeals at Philadelphia— S. Upholds NLRB Order The United States delphia upheld in of merchant a Court of Appeals at Phila¬ four-to-one decision, on May 6, the right to seamen engage in "sit-down" a strike on boar$ a ship moored in a "safe, domestic port." In its find¬ ings the court upheld a ruling of the National Labor Rela¬ tions Board against the Southern the ancient code that a ship's command quirer," of his Steamship Co. overruling captain is forever in supreme According to the Philadelphia "In¬ crew. specifically the court ordered the steamship com¬ which operates seven vessels between Atlantic and Gulf ports, to recognize the National Maritime Union (Con¬ gress of Industrial Organizations) as pany, bargaining agent for its crews and to reinstate five sailors who were discharged after an 11-hour stoppage of duties in the port of Houston, Texas. Surgeon of United States Public Health Service On May 13 President the reappointment and Dr. Carl of sent Rice to be Senior States Public Health Service. confirmed by the Senate on to Harry Collector of Customs as E. Roosevelt at the M. Senate for Durning for New York City Surgeon of the United Both these nominations were May 19. President Roosevelt Nominates Ganson Purcell as Member of SEC— Renames Commissioner R. E. Healy President Roosevelt firmation to be May 29 sent to the Senate for on the nomination of Ganson Purcell of New member of the Securities and and at the same time a Exchange Commission, reappointed Robert E. Healy of Ver¬ mont to the Commission for a term expiring June 5, 1946. Mr. Purcell, who at present is Director of the SEC Trading and Exchange Division, has been named to fill the unex¬ pired term ending June 5, 1942, of Jerome N. Frank, who a Judge of the Second United States Circuit Appeals in New York. J. J. Dempsey Named by President Roosevelt as Under Secretary of the Interior On May 29 President Roosevelt nominated former Repre¬ sentative John J. Dempsey of New Mexico to be UnderSecretary of the Interior, to succeed Alvin J. signed. Mr. Dempsey is at present Wirtz, a re¬ member of the Mari¬ time Commission. Nugent Fallon Made President of New The appointment Federal Federal Home Loan Bank United Electrical, Radio Nugent Fallon as President of the Bank of New York was announced on Chairman of the Board of Directors of the Bank. Mr. Fallon has been closely allied with the Federal Home7 Loan Bank System for a number of years, having served as General Manager of the Federal Savings and Loan Insurance Corporation since 1935. He succeeds George L. Bliss, who resigned to become President of the Railroad Federal Savings and Loan Association of New York City. A» M. Fox Retires as United States Tariff Commissioner to Become American Member of Board Created Incident to United StatesChina Stabilization Fund United States sion May 26. from June Brown, of 73c. President provided are hour for an in of men of two the corporation. and 63c. hour an the contracts, slightly lower minim-urns applying at Los Angeles. women addition In the to increased minimum rates, with wage in¬ from 6c. to 10c. an hour will be made to all hourly creases rated employees now earning more than the minimum rates. Strike at The Colt's Patent Fire Arms Manufacturing Co. at Hartford Conn., Settled of the Colt's Patent Fire Arms Mfg. Co. at Hartford, Conn., ratified on May 14 an agreement to end a Employees had kept employees idle for two days and the production of machine guns and small arms for the United States Army and Navy and Great Britain. The strikers returned to work on May 15. It was reported that strike which tied up the of the settlement terms of 7c. company hour for an vacation one-week a anything beyond means of 45c. mum included a flat wage increase hour, time and a half for overtime, which in most an women with pay 5%-day week, a a mimi- workers, and 50c. for men, for all employees with the Jan. 1, 1941. on Pennsylvania Greyhound Bus Lines Strike Settled An to end the five-day strike, called May 4 Pennsylvania Greyhound bus line, was reached by company and union negotiators on May 8. Operations were resumed on May 9. Representatives of the company and the American Federation of Labor's Amalgamated Associa¬ tion of Street Railway and Motor Coach Employees had on agreement the agreed to submit their wage and other differences to arbi¬ tration by ■ Miss Frances Perkins, Secretary of Labor. ^ Walkout Ended at Boston, Mass., Navy Drydock American Federation Yard Annex strike in Labor of struction Trades Council ended on 955 which Building and Con¬ May 14 its Boston Navy construction workers May 12 to protest the employment of Work Projects Administration labor on the $30,000,000 new drydock project in South Boston, Mass. Following a conference in Washington with officials of the Office of Production Management, Ernest A. Johnson, union Secretary, said he was assured that the proposed naval construction program will provide employment for hundreds on of and men that a "fair and equitable' labor policy will be maintained. Strike at Ravenna, Ohio, Arsenal Settled Officials of the Hunkin-Conkey Construction Co. and union representatives agreed on May 23 to resume construc¬ tion work on May 26 at the strike-bound Government ammu¬ nition loading plant at Ravenna, Ohio. Work had been on May 21 by the strike of over 5,000 laborers. Negotiations will be carried on for a new wage agreement. stopped Strike at Hudson Motor Car Co. at Detroit, Mich., Settled Employees of the Hudson Motor Car Co., Detroit, Mich., who had been on strike since May 15, ratified on May 21 an agreement to end the strike, negotiated by James F. Dewey, conciliator of the United States Department of Labor. The strikers, who had asked a wage increase of 15c. an hour, agreed to take 8c. an hour, with a provision that if the company's automobile production quota set by the Office of Production Management is increased they will get an ad¬ ditional 2c. an hour. The plant employs 8,500. American Foreign Policy Conduct of the foreign policy of the United States was marked, during May, by a rising chords of Administration statements which culminated May 27 in a fireside chat by Roosevelt. Naturally enough, all statements re¬ lated to the wars now in President progress to the attitude that this country in Europe and Asia, and should, in the opinion of Mr. Roosevelt, assume towards the conflicts. One after another virtually all of the Cabinet members made speeches, and they involve seemed to the United vie with States in aiding Great Britain that neutral. the Most "trial each the other war, in the effort to through methods of could not possibly be considered of these addresses may well have been of balloon" varietyf intended to test sentiment. They Tariff Commission May 27 the resignation of Commissioner effective Wylie and union, . The and Machine Workers of America Minimum wages of of Home Loan management on wage and hour demands. A the management and Local 441 of the between York May 19 by George MacDonald, re¬ that provided for wage increase of 10c. or more per hour over rates paid last year. The contracts will cover the Elizabeth, N. J.; Fort Wayne, Ind., and Los Angeles divisions of the company. They were drawn by James J. Matles, director of organization for the has been made Court of strike with conference con¬ York four-week a tions walked out nominations after tions The President Roosevelt Reappoints H. M. Durning as New York Customs Collector—Names Dr. C. E. Rice as Senior confirmation 5 on instances Circuit May on May 1 with the Congress of Industrial Organiza¬ union agreeing to end the walkout pending negotia¬ ended Sky Law Retroactive to work to Copper Products Corp., at Elizabeth, J., Settled of the Phelps-Dodge Copper Corp. plant Employees for part. no as the Director Commissioner in July, a has resigned from Fox . numbers to performance of a Mr. Fox 1, 1923, was announced A. Manuel on Fox, employed by the Commis¬ to July, 1937, first serving as a were, however, so invariably warlike as to give the impression that the Administration was almost desperately anxious to bring about American involvement in the con¬ flict. 1 In somewhat his fireside more chat, however, the President was cautious than his official family, despite a warning that world dominated be would are "convoy" promised for May 27. When that address finally was made, however, much doubt still prevailed as to the real destiny of the United States. the United States never will tolerate a by what he called the Nazi "shape oi things to come." plies means Assurances delivered found to were extended that war sup¬ Great Britain In his lengthy discourse of May 27 Mr. Roosevelt de¬ picted the Axis aim as that of conquest of the world. If whatever by for the purpose. The term avoided, however, in favor of a considerable was necessary the Mr. disclosure of He ended his address or occupation by Nazi forces of any of the islands Atlantic," he added, "would jeopardize the immediate safety of portions of North and South America, and of the island possessions series of by the President that the country will not be¬ come involved in foreign war, made during the presidential campaign last year, obviously were regarded as sincere by most people. But the Administration also remained com¬ mitted to all-out aid to England, and to other countries which are subject to aggression. The notion that aid to the so-called democracies can be kept "short of war" was abandoned by the President soon after the election, but assurances stood in the way of This occasioned seri¬ ous disunity among the people, and it was possibly with the idea of solidifying sentiment for aid to Great Britain, regardless of consequences, that the long series of Adminis¬ tration speeches and declarations was planned. At the end of May, however, there was no evidence that such unity —had been achieved. Even the proclamation of an "unlimited national emergency" seemed inadequate for this purpose, and it is instructive to note that in a special press confer¬ ence on May 28 the president avoided discussion of the convoy question and asserted that he does not intend imme¬ diately to seek revision of the Neutrality Act. In brief, the foreign policy remained confused and uncertain, excepting for a general leadership toward war which the people seemed reluctant to follow. The Cabinet insistence upon any measures whatever for delivery of war supplies to Great Britain began April 25, when Secretary of State Cordell Hull and Secretary of the Navy Prank Knox came close to simple advocacy of con¬ voying British merchant ships. Secretary of War Henry L. Stimson advanced the argument on May 6 when he de¬ nounced the Germans and asserted that the "Nazis now ' arrogantly confront the world, including ourselves, with the alternative of abject surrender or uncompromising forceful The lifeline of supplies for Great Britain from resistance." Americas the is threatened and the high-water mark Nazi effort is at hand, Mr. Stimson pointed out. added that this threat is one that the United States the of He can meet, through use of the Navy in making secure the seas the for delivery of our munitions to England. Secretary came forward the next day with a state¬ that the American Navy is "readier now than ever" Knox promptly ment to undertake the task of assuring the delivery of war and Great Britain. Captain James Roosevelt, eldest son of the President, took a hand in this game, May 9, by declaring at Cairo, Egypt, that the United States, "except for sending troops, already is in the war." Our Ambassador to the Court of St. James's, John G. Winant, stated in a London address, May 14, that "this it not Great Britain's fight alone." other supplies to United States, anil therefore of safety of the continental United States itself." Standing in the way of "Hitler's plan" of world domination are the "epic defense" resistance" of the British and the "magnificent Mr. Roosevelt declared. But "in¬ of the Chinese, evitable disaster" will face the "criminal leaders" and their people if the Axis Powers fail to gain control of the seas, according to the President. Turning to the Battle of the Atlantic, Mr. Roosevelt disclosed that the present rate of Nazi sinkings of merchant ships is more than three times the capacity of British shipyards to replace them, and more than twice the combined British and American output of merchant ships Methods of answering this peril shipbuilding and curtailed today. described were as increased losses. Reiterating that the United States is mustering its men his many peace pledges apparently action involving the country in war. of the the ultimate Cabinet and presidential speeches seemec related quite closely to the reluctance of the great majority of the people to actual involvement in the conflict. It was pointed out again and again, by informed commentators, that two lines of policy have been pursued by the Adminis¬ tration which are not easy to reconcile. The numerous were would "Control gency." The Fuehrer literally of the with the proclamation of "unlimited national emer¬ a Nazis victorious, the President said, parcel out the world, and the peoples of the Americas also would be subject to aggression. speech to devoted much of the Roosevelt defense of the Americas. German the emphasis upon the new patrol system of watchfulness a; sea and upon the traditional American doctrine of freedom of the seas. 5 MONTHLY REVIEW June, 1941] and resources only for purposes of defense, Mr. Roosevelt added the caution that no one can foretell when the acts of the dictators will ripen into attack on this hemisphere and "It would be suicide to wait until they are in our us. on front yard," he Accordingly, the American North and South Atlantic commented. naval patrol has been extended in waters, ships and airplanes steadily are being patrol, he disclosed.. The country thus was said to be on guard against efforts to establish Nazi bases closer to our hemisphere. It is time for us to realize, the President urged, that the safety of our American homes has added and more to the definite relationship to the safety of homes in Nova Scotia, or Trinidad, or Brazil. The national policy, there¬ fore, was laid down by Mr. Roosevelt as, firstly, active resistance against any attempt by Herr Hitler to extend his power to this hemisphere or to gain control of the seas, and secondly, the extension of all possible aid to Great Britain and others who are attacked by Hitlerism or its a In the latter connection Mr. Roosevelt promised goods equivalent. that "all additional measures necessary to deliver the will taken." be In behalf of a "united and determined people," the President reasserted "the ancient American doc¬ trine of freedom of the seas; the solidarity of the 21 Amer¬ ican republics and the Dominion of Canada, and abiding faith in the vitality of our Constitutional Republic." The "unlimited national emergency" proclaimed at the end of this speech by Mr, Roosevelt was viewed in some quarters as providing him with greatly increased powers, although some legal experts contended that all powers already were available under the limited emergency procla¬ mation of Sept. 8, 1989. As reasons for the proclamation, Mr. Roosevelt maintained that the objectives of the Axis belligerents are not confined to those avowed at the be¬ ginning of the war, but include "overthrow throughout the world of existing democratic order, and a world-wide domi¬ nation pf peoples and economies through the destruction of . all resistance on land and sea and in the air." Indifference on the part These and other statements occasioned warm contentions in we should pass from peace-time authorizations of military isolationist circles that strength to such a basis as will enable us to cope of the United States, the proclamation con¬ tinued, would be perilous, and "common prudence requires that for the security of this Nation and of this hemisphere convoying assuredly would involve the United States rapidly in "shooting war." Former President Herbert Hoover pointed this out, among others, and did not seem to add perceptibly to the proportion of sion against the incursion by foreign population anxious to see the Navy used for convoying. Hull rushed into the breach again on May 18 a statement that American safety depends upon our delivery of war materials to England. With an obvious view to changing sentiment among the pacifically inclined farm population, Secretary of Agriculture Claude R. Wickard suddenly blossomed into an expert on foreign affairs, May 19, when he solemnly maintained that the dictators are combining against the United States, and that the armed might of the country must be utilized in oppo¬ Secretary with sition. expected for a time to clarify his attitude on the conduct of foreign relations in a speech before the Pan-American Union, May 14, but he developed a minor ailment and postponed his statement to May 27, was fireside chat was promised. The President was suf¬ ficiently recovered by May 16 to hold one of his regular a press conferences, and in the course Of this discussion he discoursed at some length on freedom of the seas. Pointing the United States had fought several undeclared against the Barbary pirates and against French pri¬ vateers in the Caribbean in behalf of that policy, Mr. Roose¬ out that wars velt hinted that such of episodes might be indicative as to the action in the current emergency. The Cabinet took up the chant of freedom of the seas, impression was made upon the public mind by such statements, since the Neutrality Act specifically modi¬ fied the traditional policy during war periods. To an ever course instantly hostile encirclement of this hemisphere, or the establishment of any base for aggres¬ it, as well as to repel the threat of predatory agents into our territory and society," The Administration declarations respecting foreign policy were accompanied by various maneuvers which are of lesser significance, but nevertheless indicative. Agents of the Immigration Service on May 5 took into custody, some 160 German seamen stranded in American ports, and soon there¬ after raids were made which caught a number of Italians similarly unable to return to their native land. The en¬ round up aliens here was extended modestly to nationals of other countries, as well. Acting under orders deavor to from President Roosevelt when and decisively with any .attempt at about Washington, Coast Guardsmen on May 5 boarded a dozen Yugoslavian ships in American harbors and placed them in "protective custody." After French authori¬ ties indicated an intention of conquerors a collaborating with the German of France, President Roosevelt on May 15 issued general statement designed to appeal to the French people the heads of their Government. He deeply deplored over the French decision and indicated that relinquishment of control of French West African areas would be regarded as a threat to the peace and safety of the Western Hemi¬ sphere. On the same day Mr. Roosevelt ordered the Coast Guard to board French merchant vessels in United States harbors, and 13 French ships thus were placed in "protec¬ tive custody," among them the great liner Normandie. Aid but no great to Great Britain gained a fresh impetus when it was dis¬ closed, in mid-May, that some thousands of British youths greater degree rThe figure, originally placed at 3,000, was revised upward to 8,000 by the end of the month. chorus thereupon expectations centered on the fireside chat are to be trained in the United States for aerial combat. 6 MONTHLY REVIEW Seapower vs. Airpower humanity." In Great Britain the expectation at prevailed that Herr Hess had flown from Germany to escape a purge or to aid Great Britain. But such beliefs "save to first actions in May demonstrated conclusively the new power of the aerial military arm and the necessity for revising military notions that aircraft are mere adjuncts of the land and sea forces. It became clear Jast month that airpower must be ranked equally with land and sea power, and that all branches must hereafter be coordinated and closely meshed by the leading nations. The most important of these actions concerns the Mediterranean island of Crete, to which large numbers of British and efforts Greek forces retreated after the fall of the Greek mainland. sequence In ish Two a astonishing military brief onslaught German that began May 20 and ended May 31, captured Crete and forced the to Egypt. No information was made air-borne British troops retreat to the island citadel, but completed the London authorities announced that upwards of 15,000 men had been withdrawn successfully, although it was admitted that losses were "seri¬ ous." German parachute and glider-borne troops stormed the island in a brief period of 10 days, notwithstanding the available as to the British forces in when the evacuation was British control of the Mediterranean. sea battle developed in Cretan waters waffe British and vast a between the German Luft¬ units. naval Moreover, In this aspect of the encouraged not were obtain to high rating in all maneuvers. The lesson is an especially instructive one for the United States, as plans are now being rushed for that two-ocean Navy promised by President Roosevelt and already provided for by Congress. Some observers contended, as the battles of Crete and the Bismarck were studied, that only a few years will be required for the development of aircraft to a point making possible successful action from the air against warships not only in narrow waters, but also in wider reaches be given must of the a The possibility no longer can be lightly dismissed that the great naval "battlewagons" will become obsolescent owing to their vulnerability to aerial oceans. attack. Battle of the Atlantic Several highly sensational developments marked the during May, of the great struggle being waged directly between Great Britain and Germany in northern Europe and in the vast wastes of the ocean. The conflict than ever was regarded as a Battle of the Atlantic, for it centered specifically upon the blockade and counterblockade measures by wMch each of the great antagonists hopes to defeat the other. With Germany in military pos¬ Continent, after the occupation of Yugoslavia and Greece, little likelihood seemed to remain session of of much British a of the blockade effective so as to effect the result desired in London. That Germany is suffered increasing shortages of fats and oils, rubber and other vital materials, is evident. But the German genius for "ersatz," or substitu¬ tion, is an important factor in this aspect of the war. Great Britain suffered heavily from the German sea war¬ fare ^ in May, as in previous months. British and allied merchant ships . by German aerial, surface sections of Heavy tonnages of were sent and submarine British ports on to the bottom raiders. the West Coast were Large bombed again and again, and the shipping facilities in British ports are understood to be straining under the burdens placed upon them. The Battle of the Atlantic possibly is nowhere near its moving United final^ phase, but there steadily toward Kingdom will face While a a can be no doubt that it is crucial moment in which the bitter test of survival. the Battle of the Atlantic continued, along lines previously adopted, the world was stirred by a remarkable incident involving the German party leader, Rudolf Hess. Despite a fanatic attachment to Herr Hitler, or perhaps because of it, Herr Hess took off in a German military airplane from Augsburg, Germany, on May 10, and landed a few hours later ^ This by parachute near Glasgow, Scotland. sensational flight was made known to the world two days later, first by the Germans and then by the British. Berlin merely announced briefly that Herr Hess had taken off an against Herr Hitler's orders, and presumably had met was unreported. British authorities accident, since he held the secret of the descent of Herr Hess but tain at first whether a hoax was Prime Minister Winston Churchill overshadowing the Hess incident in the rapid of war moves were the sinkings of the huge Brit¬ battle cruiser Hood, 42,100 tons, and the German bat¬ tleship Bismarck, 35,000 tons. Nor is this incident less mysterious than the Hess affair, for no adequate explana¬ tion so far has been advanced for the dash of the new ship to the open sea. German As reconstructed in a British Admiralty statement of May 27, the action began when the German Bismarck and the new cruiser Prince Eugen, 10,000 tons, were observed by British fliers at Bergen, Nor¬ The two German ships had departed by the May 21. way, morning of May 22, and a vast hunt thereupon was started by the British Navy to determine the whereabouts of the The British cruisers Norfolk and Suffolk discovered vessels in the Strait of Denmark, between Iceland and ships. promptly summoned aid, since they were of the Bismarck. H. M. S. and match for the 15-inch guns no Hood, with a complement of more than 1,300, proceeded to the Bismarck, in company with the new British battleship Prince of Wales. Battle was joined early on engage May 24, and in the course of a few minutes the Hood had had been blown up, with sustained a hit in a magazine and the of loss all slight Bismarck. to the There followed an ended The Prince of Wales sus¬ London claimed that the Bis¬ Berlin admitted slight damage but three men. damage, and marck had been damaged. tained the in epic effort by the British Navy, which sinking of the Bismarck some 400 miles off From all points of the compass to the scene of battle, while British aircraft scoured the seas to locate the German ships. Contact with the Bismarck and Prince Eugen was lost on Brest, France, on May British warships 27. hastened May 25, but early on May 26 a flying boat noted the Bis¬ marck some 550 miles off Land's End. Aerial torpedoes were sent against the ship which by this time was and alone, least at one of the crashed torpedoes the side of the giant warship. Further torpedo-carrying airplanes were launched from a nearby British airplane carrier, and the missiles damaged the Ger¬ man ship to such a degree that she became unmanageable. against Heavy British warships finally engaged the Bismarck and May 27, and soon thereafter fresh aerial torpedoes were sent against her side and additional torpedoes were dispatched by a British cruiser. Only after immense efforts and terrifying damage was the Bismarck her silenced guns on finally sunk, and somewhat more than 100 of the crew was rescued. The British command of the sea thus was empha¬ v course, more from which Repeated Quickly the airpower circles, dent was Greenland, airpower, was the action involving the German battleship Bismarck, which sank the great British battle cruiser Hood on May 24, and herself succumbed vto British aerial and naval attacks on May 27. It appears that the German bat¬ tleship was trailed by British aircraft and damaged suf¬ ficiently by aerial torpedoes to make possible a final de¬ structive attack by British warships. The contention" can be made that the powerful Bismarck might not readily have been brought to bay were it not for the stinging and damag¬ ing attacks of British airpower. This incident reinforced the impression given by the battle of Crete and by the British aerial attacks on Italian warships, to the effect that official proved unavailing, and at the close of May the inci¬ still a deep mystery. Hess struggle the Germans claimed the destruction of 11 out of of London adequate explanation of the flight undertaken by Herr an 12 British cruisers in the eastern Mediterranean, and losses to other types of ships, as well. Although these claims were exaggerated, London confirmed the sinking or total destruc¬ tion of three cruisers and four destroyers, and damage to several battleships and some additional cruisers. No less significant, as an index to the growing strength in pointed out that Herr Hess is a confirmed Nazi. were uncer¬ being perpetrated. Only sized, but only because of superiority of aerial arms in the area where the Bismarck was found. No trace was found during The the battle scene, remaining ended with days of May of the Prince Eugen. German aircraft appearing on the and London announced that the destroyer Mashona, 1,870 tons, had been sunk in this aspect of the battle. Merchant ship sinkings by the Germans attracted par¬ ticular attention early in May, owing to debates within the United States on the convoy question. Many observers pointed out that convoying could hardly be decided upon if full information were lacking as to the British position. This occasioned a more rapid disclosure than was at first losses. In April, only monthly reports are to be made of British losses of mer¬ chant shipping. On May 10 the Admiralty indicated that April losses were 488,124 tons, making that month the third worst of the war, and increasing all losses of British ships contemplated by the British spokesmen of April line with a policy announced in London early in and others which of the were are in British service to 6,078,330 tons The April figure included losses withdrawal from Greece, so that Atlantic sinkings for the entire war period. only 301,070 tons. This was regarded as rather more encouraging than had been thought likely. Germany lost a commerce raider in the Pacific, and the Italians lost the luxury liner Conte Rosso, at the end of May, when a British submarine torpedoed the Italian ship. The losses thus were far from one-sided, but for Great Britain they are more vital than for the Axis Powers. The degree to which the Germans flung a raiding net upon the oceans were sinking of the Egyptian ship Zamzam, 8,299 tons, in the South Atlantic. The ship carried 138 American passengers, and fears for such passengers were entertained at first. But it was quickly announced in Berlin that all crew members and passengers of the Zamzam had been rescued and taken to a French port. Perhaps the most indicative comment on the Battle of the Atlantic was have illustrated by the Reich made by President Roosevelt, May 27, in the course of his The President said that sinkings of British fireside chat. and allied shipping was at a rate three times the replace¬ after the Germans acknowledged the strange action of the third leader in the Nazi heirarchy were the British con¬ capacity of British shipyards, and double the current production of British and American yards combined. The aerial attacks of May were especially heavy up to vinced the very day that As he that they floated small bone in to actually earth had near Herr Hess in their hands. Glasgow Herr Hess broke his ankle and proclaimed that he had a come ment Herr Hess descended from the sky near Glasgow, but then appeared to be of little moment for sev¬ eral weeks. At the end of May the aerial activities again Moonlight had much to do with this, of course, and weather conditions were perhaps more indica¬ tive still. Reports suggest that low clouds and foggy weather prevailed for a good part of May over the United Kingdom and northern Europe. German aerial attacks were especially severe during the first 10 days of May. London was bombed ferociously and many of the old landmarks were increasing. either disappeared or Even the damaged. badly were the House of Commons Liverpool, Hull and other Brit¬ Houses of Parliament suffered, and had to seek new quarters. ish ports again and again, and various hammered were industrial Midlands also were badly damaged. British fliers also were active, when the weather permitted, towns of the attacks were reported against the invasion ports the Low Countries, German ports, and the and heavy of and France various great K monthly review June, 1941] industrial centers of the Rhineland. France in June, 1940. In the Italy, however, the British Em¬ pire troops had matters entirely their own way. Italian contingents in Ethiopia surrendered one after the other, and by the end of May the entire Italian region was brought under British control. Emperor Haile Selassie was re¬ seated on the Ethiopian throne. In the Near East the ferment of war spread to Iraq, relations since the collapse of East African possessions of where the pro-Axis Rashid Ali Beg Gailani endeavored to defy British might, beginning May 2. British contingents were rapidly landed at Basra, on the Persian Gulf, to counter this threat. Such Empire units moved toward Baghdad and the Mosul oil fields, which are the obvious bone of contention in the Near Eastern fighting. German supplies to announce Many facets of the great struggle for the Mediterranean in evidence during May, but each phase of the giant unity of the under¬ lying contest between British and Axis forces in the region. With methodical precision the Germans extended their sway over important parts of the Mediterranean area, while Brit¬ ish naval and other forces engaged the enemy everywhere. Crete was taken by the Nazis in an aerial assault that made military history. This Grecian island, to which the British and the Greek Government withdrew after the fall of Con¬ tinental Greece, is a vitally important stepping stone for the Germans, on their way to the Near East. British forces were far from idle, as they managed to complete their con¬ quest of Italian troops in Ethiopia and other parts of the Italian Empire in eastern Africa. In the Near East, Great Britain achieved a signal victory by subduing rebellious e ements in Iraq, led by Rashid Ali Beg Gailani. The western desert battle on the border of Egypt and Italian Libya favored each side in turn, with the intense heat and the lack of water perhaps the determining factors, for the battle merely time emphasized the essential the Battle of the Mediterranean is far from it appears that a grave blow has been sustained Great Britain in the loss of Crete. The island in itself over, by is important enough, but the manner in which the Nazis man¬ aged to capture Crete is even more indicative. After a brief but intensive aerial bombardment, German parachute detachments began to descend upon Crete like a fall of snow, May 20. The small groups that floated to earth soon began to consolidate, and a vast struggle for and glider possession of the island tacularly new maneuvers followed. In view of the spec¬ of the Reich forces, little appre¬ island, in British and kept coming in ever increasing numbers, and without regard to the heavy losses inflicted by the British and their "free Greek" allies. The attackers took the airdrome at Malemi, in western Crete, and from that vantage point the numerous German detach¬ ments began to spread out, offering mortal combat to the British everywhere on the island. Some of the parachute troops landed at Candia, and others were observed else¬ where. Some German forces apparently were dispatched by sea over the narrow strip of water between the Greek mainland and Crete. British warships intercepted the Ger¬ man invading force and between 5,000 and 8,000 Germans hension existed at first of loss of the Grecian were circles. But the Germans said in London to have perished. But the battle for Crete was won by the any losses they admitted may have suffered. Germans, despite On May 31 London that forces were being withdrawn from Crete to asserted that the battle was over. Some 15,000 British Empire troops were evacuated successfully from Crete, although heavy losses also were sustained by the British and Greek forces. In official Brit¬ ish reports of the fighting, great emphasis was laid upon the German losses. The British Admiralty acknowledged, Egypt, and Reich spokesmen on the other hand, that serious Navy losses were sustained by the British fleet in the eastern Mediterranean. These 9,100 tons; Fiji, 8,000 losses included the cruisers Gloucester, tons, and York, 8,250 tons. and The destroyers Juno, Kashmir Kelly, each of 1,695 tons, were sent to the bottom by German another conflict, concerning silence maintained events. The French mandated territory of used discreet a these Syria seems to by the Nazis to transport airplanes to the British fliers from Palestine attacked the Germans Iraqis. in Iran. to since German forces are said to be there. Turkey have been fled Gailani forces. fields, however, probably will occasion still Syria, and border fighting also developed. some Partly issue, in this matter, is British prestige throughout the world. More directly concerned in the outcome of the entire Battle of the Mediterranean is the British hold at Moslem lifeline the on bases in has fallen Empire. Of the five British naval that at Suda Bay, Crete, now the Nazis, and it cannot be disputed that the to the hold British of the Mediterranean, the upon comfortable. increasingly becoming is sea ' . un¬ < Yogoslavia and Greece German Italian and authorities the Yugoslavians and ment to meted dire punish¬ out Greeks, during May, because countries in opposing the Axis mili¬ in particular, was subjected to rendering of her territory. German troops main¬ tained their hold upon most of Serbia, which was the cen¬ tral region for the move against the Reich, late in March. of the temerity of those Yugoslavia, forces. tary terrible being. Although Iraqi the of The Mosul oil were Ali Beg Gailani appar¬ May 31 the subjugation of the more important on contingents Mediterranean Region rebellious Rashid the ently were "too little or too late," for London was able to airplanes, and the destroyer Greyhound, tons, also sank. Several British battleships were of 1,335 acknowl¬ But good part of the Dalmatian coast was transferred to State of Croatia was set up as a Italian sovereignty, and the independent entity, May 18, under Italian suzerainty and an kingship of the Italian Duke of Spoleto, who was Hungary took a part of under the King Aimone of Croatia. named Yugoslavia before the fighting ended in that country, and Germans presumably will consolidate a portion of the the with the Reich. Greece fared somewhat better, nominal parts of Greece so far have been trans¬ ferred to other sovereignty. The Italians took Corfu, which country for only they long have coveted, and Bulgaria received some terri¬ tory as compensation for aid given the Axis. There is rea¬ son to believe that portions of eastern Greece are being held out for to Turkey as a into the Axis entry tempting reward to that country sphere. France Authorities of the Yichy regime in unoccupied France toward collaboration with the Ger¬ Nazis who hold control for the time being of almost turned sharply, in May, man Continental of all ment Europe. The effect of such a develop¬ determined, but it can hardly be re¬ remains to be garded as a satisfactory turn for Great Britain. Repercus¬ sions of the French move promptly were felt in London and in Washington. After long discussions between French and spokesmen, Marshal Henri Philippe Petain made a people on May 15, in which he asserted a leadership which he urged the French not German brief statement to the French question, and in which he indicated that the leadership into the German camp. The "pathway the future" has been illuminated by the Franco-German to would carry France to discussions, said the aged Marshal, who added that a suc¬ cessful issue of the talks would enable France to rise above her defeat and maintain Power and holder of a her world rank as a European Colonial Empire. Obviously perturbed by the Petain statement and its im¬ plications, President Roosevelt late statement that French obviously was on May 15 issued designed to appeal to a the the heads of their Government. Mr. Petain decision and reminded recent relations between France and the people over edged to have been damaged, and an additional cruiser also suffered hits. In achieving control of Crete the Germans thus inflicted losses upon the British which may well be more significant than their own heavy sacrifices. The Roosevelt deeply deplored the island gained by the Reich lies on the line from Greece to terms of the world that United States had been based upon French assurances that no concessions northern Africa and Nazi conquerors. the further that the possibly will play an effective part in struggle for the Mediterranean. Among the other aspects of the Mediterranean struggle accorded western first place desert must be the action in the German and Italian forces continued their British-held Tobruk and the outposts of Egyptian defense, but made little progress. The Axis spokesmen finally were able, at the end of May, to claim the capture of Halfaya (Hellfire) Pass, which leads down from the Libyan escarpment toward Egypt. It was steadily obvious during May that vast preparations were being made by Germany and Italy to attack Alexandria and the Suez Canal. One Italian troopship took refuge from British sub¬ marines and airplanes in the French port of Sfax, Tunisia, and that port was bombed by the British, precipitating still another "incident" in the tortuous story of Anglo-French attacks region. upon would be made to Germany beyond the the armistice agreement between France and the In turn, this occasioned a fear in France United States Government might act to take over temporary control of Martinique and other French posses¬ sions in the Western Hemisphere. A formal exchange de¬ veloped, in which written assurances finally were given the French Government that no intention exists of attacking Great Britain or the United the State Department by States. Immediately after the Petain statement was issued, May 15, Mr. Roosevelt ordered the Coast Guard to take charge of some 13 French merchant ships in United States harbors, including the giant liner Normandie, In New York. No indication was available, during the re¬ maining two weeks of May, of further steps by the United French vessels. The Franco-German conversations on collaboration were States Government with respect to the continued at Paris, with Admiral Francois Darlan the chief 8 MONTHLY REVIEW French In negotiator. Darlan M. manded the French addresses and statements, that Herr Hitler had not de¬ colonial territory or a French several assurances gave fleet, declaration against England. Such assurances also were given the United States Government, May 27, by Am¬ bassador Gaston Henry-Haye. M. Darlan asserted on May 23 that the choice for France is one of "life or death," war and that France had what chosen he called "life," or a reorganization of Europe." Franco-British meanwhile, continued to deteriorate rapidly, owing in part to British seizures of French ships and air¬ "place the in relations, plane attacks on Italian vessels in the French Tunisian port of Sfax. The French tanker Sheherazade was seized by the British on the Atlantic, notwithstanding the fact that she sailed with British navicert. a The British aerial bombings at Sfax irritated the Vichy authorities, who main¬ tained that they were contrary to international law. M. Darlan issued close came Britain. a to lengthy statement threatening The statement on military was a May 31, in which he action against Great long tirade against Great that the French Britain, and it contained an intimation Navy may be used to "enforce respect" for French rights of trade and communications. Far East Fresh decisions to as war activities in the Far East were foreshadowed during May in Japan, where the urge to take steps against British and Dutch interests is undisguised. Analysis of the Far Eastern situation indicates plainly that the Japanese are bound' to decide soon whether to act against the British and chance American participation, or Accept their status. Great pressure presumably is being brought to bear by the Germans upon the Tokio authorities to implement the Tripartite Axis pact in a manner cal¬ culated to involve Japan in the fighting. The German Grand Admiral, Erich Raeder, stated in an interview granted a representative of Domei, the Japanese news agency, May 25, that any American convoying of merchant ships bound for Great Britain would mean shooting and The war. comments obviously referred to provision for Japanese participation in the the war Axis pact in the event tof an attack by unengaged parties upon countries at Perhaps with a view to testing American sentiments war. and some $10,000,000 of American goods at Haiphong, Indo-China, were seized by the Japanese, May 25, on the pretext that the merchandise actually was owned by Chinese. reactions, French The of the diplomatic being played in the Far East was indicated by several incidents. Lack of any mention of Japan in President Roosevelt's fireside chat of May 27 is, in itself, highly suggestive, since it can hardly be scope contended that Japan is not to be included in the list That China is deeply concerned was made of aggressors. clear on May form of game 31 by Secretary of State Cordell Hull, in the statement that the United a States is prepared to negotiate, after the end of the war, for relinquishment of rights of extraterritorialty in China. There were numerous rumors in circulation at the end of May to the effect that a portion df the American main fleet had been or was about to be moved from the Pacific into the Atlantic. But Amer¬ ican aerial strength is known to be steadily on the increase in the Far East, and the possibility cannot be denied that the Tokio authorities may act in order to forestall of American aerial power there substitute American aerial a growth which, in effect, would might for British seapower. Insistent statements at Tokio that authorities of The Neth¬ erlands East Indies must come to trade arrangements with Japan were suggestive. Steel Trade—Non-Ferrous Metals The steel trade reports a recovery of the ground lost in the April coal strike, with operations again reaching nearly 100%. No important price changes were made during the month in steel, pig iron, or the major non-ferrous metals. While ing, hundred thousand tons of shell rounds, initiating a program that will take upward of 4,000,000 tons, are also to be Then there is the British program, amount¬ ing to 1,000,000 tons of semi-finished and finished steel, on which bids were closed on May 24 by the Secretary of the Treasury under the lease-lend bill and which will be allo¬ allocated soon. cated to various mills within a short time. on In its issue of new business, except for defense May 29 the "Iron Age" said in part: "The steel situation has arrived at an impasse from which by the prompt adoption of man¬ datory priorities, especially on those products in which the the only way of escape is demand far exceeds the available supply. Products which are likely to be included in the first order under the new pri¬ orities law are plates, bars, shapes and semi-finished steel. Defense requirements, amounting to several million tons, for which a place must be found on mill schedules, have brought about further congestion of steel prospective. As much of eries orders, actual this tonnage calls for deliv¬ starting fairly soon, the inevitable result will be to push aside commercial orders, many of which have already been delayed weeks beyond the time of shipment originally promised. Consumption of steel for civilian uses is begin¬ ning to feel the effect of the mounting requirements for defense. defense That or such steel uses as are not essential to national welfare will be further restricted in the coming months is becoming more obvious with each passing Among the large requirements for which rolling space must be found are steel for ships, railroad week. pine lines and shells. equipment, During the latter part of May more than 500,000 tons of plates and other products have been allocated for ships, including the latest addition of 123 units to the merchant ship program. Railroad requirements over In addition to 1,000,000 tons of steel, the British want 240,000 tons of low phosphorus and Bessemer pig iron over a period of five months and 300,000 to 400,000 tons of tin-plate over a year. Coinciding with these developments is the sudden influx of line pipe inquiries, aggregating close to 2,000,000 tons, of which 1,000,000 tons take a defense rating. The others stand little chance of being considered at this time." The this "Iron Age" composite price of finished steel, pig iron and continued at 2.261c. a pound, $23.61 a ton, and $19.17 a ton, respectively. steel scrap The operating rate of steel companies having approxi¬ mately 96% of the steel capacity of the industry, according to the American Iron and Steel Institute, was scheduled at 98.6% for the holiday week beginning May 26, 1941, which compares with 99.9% for the preceding week (the highest rate of production in history), 99.2% for the week beginning May 12, 96.8% for the week beginning May 5, and 94.3% for the week beginning April 28. At the close of May, last year, the steel industry was reported to be operating at the rate of 76.9% of capacity; in the same period in 1939 at 52.2%, and in 1938 at 26.1% of capacity. As to non-ferrous metals, "Metal and Mineral Markets" during the month follows: that in an under review reported in substance as by President Roosevelt on May 27 unlimited national emergency exists was accepted The declaration the market for non-ferrous metals as pointing to even industry. Zinc producers were ordered to set aside 22% of April production for the "pool" during June, or approximately 15,000 tons, and copper refiners are tighter controls on required to set aside each month, beginning June 1, a pool equal to 20% of April output, which will be allocated by the Priorities Division to meet emergency reserve needs. Demand for major non-ferrous metals remained Copper sales in the domestic market during the ended May 27 totaled 13,927 tons, as compared with active. week 15,472 tons in the preceding week, 23,761 tons during the week ended May 13, and 26,064 tons during the week ended May 6. Total sales of copper during the month under re¬ view to May 27 amounted to 74,052 tons, which compares with 88,203 tons during the full month of April and 74,849 tons during March. Sales of common grades of zinc during the week ended May 24 totaled 6,947 tons, as against 9,100 5,038 tons during the week ended tons in the previous week, May 10, and 7,566 tons during the week ended May 3, while shipments of this metal involved 6,476 tons during the week ended May 24, 3,685 tons in the preceding seven-day period, 3,945 tons during the week ended May 10, and 5,912 tons during the week ended May 3. Producers of lead restricted offerings of the metal to keep the sales volume down to a reasonable level, demand having been well in excess of mal since the first of the year. Sales of common nor¬ lead amounted to 7,831 tons during the week ended May 28, as against 8,727 tons during the previous week, 11,390 tons dur¬ ing the week ended May 14, and 13,194 tons during the week ended May 7. Buying in tin was in good volume. Ex¬ cepting for tin, quotations of major non-ferrous metals were unchanged, viz: copper, 12.00c., Connecticut Valley basis; lead, 5.85c., New York, and 5.70c., St. Louis, and zinc, 7.64c., York, and 7.25c., St. Louis. Tin moved within a nar¬ row range, being quoted on May 1 at 52.00c., New York, and closing on May 29 at 52.20c., after touching a high for the New month of 52.25c. / steel placing restrictions work. and upward of 500,000 tons, probably will obtain the benefit of priority rating, the lack of which has forced the curtailment of car building operations at two or three shops. Several orders in the aggregate have been declin¬ they are still greater in volume than shipments, mills new remainder of this year, which have been estimated at the Lumber Movement According to reports to the National Lumber Manufac¬ turers Association from regional associations covering the operations of hardwood and softwood mills, lumber produc¬ tion in during the week ended May 24, 1941, was the previous week; business 1% greater. shipments were 3% less than 9% less; and new Compared with the corresponding 1940, production, shipments and new business were, respectively, 3%, 8% and 31% greater. The industry stood at 129% of the average of production in the corresponding week of week of 1935-39 and 130% of average the same week. 1935-39 shipments in Reported production, shipments and new orders for the 21 weeks ended May 24, 1941, were, respectively, 14%, 17% and 21% in excess same period in 1940. and shipments of the corresponding figures For the 21 weeks of 1941 were, respectively, 10% new and output. The ratio of unfilled orders to gross stocks for 6% was the business above 40% on May 24, 1941, compared with 21% a year previous. Un¬ filled orders were 68% greater than at the same time in 1940; gross stocks were 14% less.' During the week ended May 24, 1941, a total of 469 mills produced 250,599,000 feet of softwoods and hardwoods com¬ bined; shipped 246,938,000 feet, and booked orders 389,000 feet. This compared with 243,061,000 feet woods and hardwoods and orders received of 295,- of soft¬ produced, 228,434,000 feet shipped, totaling 225,863,000 feet during the cor- June, 1941] responding period last year by the same number of mills. Revised figures for the three preceding weeks follow: , 1940 1941 * Shipments Orders * 400 470 405 470 458 233,209 243,737 202,098 209,434 235,905 248,708 258,447 278,808 231,442 283,881 235,713 292,100 218,493 247,798 225.279 270,837 292,035 1 received.. In thousands of board feet. . ... Note—Revised figures for the week ended April 20,1941, follow: Number of muis, 470; production, 251,748,000 feet: shipments, 250,959,000 feet, and orders received, 203,158,000 feet. For the corresponding week of 1940 the figures were as follows. Number of mills, 408; production, 228,558,000 feet; shipments, 239,001,000 feet, and orders received, 234,128,000 feet. Hides, Leather and Footwear The First National Bank of Boston, In Its "New England Letter," under date of May 29, discusses these markets as follows: "Early buying of fall fpotwear in anticipation of rising prices is maintaining shoe production at record levels for Output last month was one-third larger than in April, 1940, and was approximately the same as in March, although a 5% decline usually takes place in April. Sufficient orders are on the manufacturers' books to main¬ this time of year. production of staple lines until September, while novelty shoes are sold ahead into July. Output accordingly, may exceed the record of 233,000,000 pairs established in 1937. "Distributors have had tto pay increases of about 10% on early purchases of men's staple lines for next fall as tain women's for the first six months, well as on substantial re-orders of summer Pro¬ their rise shoes. ducers of women's shoes have been able to limit Retail price advances accordingly have been confined principally in costs by substituting less expensive style features. / to men's lines. "Tanners are in an advantageous position. Leather has good volume for nine consecutive months notwith¬ standing a steady rise in prices to a level 25% above a sold in Calf and side upper leather, in fact, are quoted 20 years. Tanning operations are being maintained at the advanced rate established last winter _and unfilled orders will require active production well through the summer. Some concern is being expressed, however, regarding the speculative nature of recent commit¬ ments, tanners being mindful of the problems that some¬ year ago. at the highest figure in times arise in a 105,000 bushels, as indicated by conditions on May 1. This estimate compared with an indicated production the month previous of 616,128,000 bushels and 589,151,000 bushels the corresponding time a year ago. According to the Agricul¬ tural Adjustment Administration officials, a crop this year of 475 Production • 1940 1941 1940 1941 258,871 Number ol mills * May 3 May 10 May 17 Weeks Ended 9 MONTHLY REVIEW * falling market. "Hide prices have advanced steadily since February and are the highest since the speculative peak of September, 1939. Even though the threat of Government intervention temporarily retarded trading several weeks ago when quo¬ tations were 2c. per pound below the current figure, tanners have been forced to bid up the Chicago packer market in order to cover against their sales of leather. Spot hides in this circumstance have advanced 60% above the low point of last August. Such a sharp gain in itself suggests caution, particularly since supplies of foreign and domestic hides appear adequate for the industry's near-term requirements." Grains 653,105,000 bushels, plus the spring wheat yield and the last year, would raise supplies during the coming season to about 1,200,000,000 busheis, of which only about 725,000,000 bushels will be needed for domestic con¬ sumption and export. Although the report did not affect the market when it was issued, the favorable start of the harvest in parts of the Southwest induced hesitation in the trade during the latter part of the month. There were local complaints of insect damage and other difficulties, but the general tenor of the crop news was encouraging and prompted profit-taking. As a result of the favorable crop outlook and the prospective production for 1941, the Depart¬ ment of Agriculture held its referendum on May 31 to deter¬ mine whether quotas would be invoked. The farmers voted carryover from 80.5% in favor of the marketing-quota restrictions on the 1941 crop, and as a result they will be assured of a return on this year's crop approximately equal to parity. Under the marketing program the Secretary of Agriculture will establish a quota for each farm. Grain produced this year on excess acreages will be subjected to a pena.ty tax of half the Government loan rate, or approximately 48%c.\ a bushel, unless stored under bond for future use or delivered to the Government for relief use. Corn and oats were comparatively firm throughout the month, while rye more or less followed the trend of wheat. Drought conditions in some sections of the country stimu¬ lated demand for corn and bats. Hog prices rose to a point where feeding ratios were favorable, and the use of corn in particular for feeding purposes on the farms became intensi¬ fied. Furthermore, the commercial demand, especially from distillers, showed improvement. In Chicago the July wheat option closed on May 31 at 94% c. as against an opening of 89%c. on May 1. At Winnipeg the July wheat option closed on May 31 at 77%c. on May 1. as compared with an opening of 77 %c. July corn in Chicago closed on May 31 at 73%c. as compared with an opening of 68%c. on May 1. July new oats closed at 36c. as compared with an opening of 33%c. on May 1. July new rye closed at 54%c. as compared with an opening of 53c. on May 1. Sugar Prices in the market for sugar "futures" moved more or less irregularly during the past month. While there were periods of firmness and easiness, the general undertone was steady. Buying during the early part of the month was prompted by the shipping pool "firming in the Cuban freights. which also brought a The report that the Mari¬ time Commission contemplated freezing freight rates, how¬ ever, did not appear to concern sugar traders too much, in much news most sugar is transported to this country in Firmness in other commodity markets was another factor which encouraged optimism during the early as as foreign bottoms. part of the month. The Agricultural Adjustment Adminis¬ statistical tration granted permission to refiners to process raw sugar for export without putting up a similar amount of quota influences for a time during the past month and prices were advanced to new seasonal high levels. The unfavorable sugar and to melt over-quota sugars in bond. This was considered by some in the trade as about equal to a quota statistical increase, but it did not * Domestic wheat markets influences, disregarded normal however, reasserted themselves the market. towards the end ©f the month, and the early gains of about 10c. per bushel were approximately cut in half. The chief ence influence responsible for the upsurge—an upsurge which at consumers on appear to have any There was adverse influ¬ nothing in the way of developments as regards refined new demand except that sugar continued gradually to cut down previously large one invisible time interest a bushel. A loan of 97c. per bushel on the 1941 crop is the equivalent of about $1.14 per bushel in Chicago, and is therefore about 17c. less than parity. It is expected that developing strength. A statement by the AAA warn¬ ing the trade to disregard reports that any fixed price levels for the future had not been decided upon was interpreted as meaning that the attitude of the Department would re¬ main flexible and be guided by developments. Subsequently an easing of freight rates from Cuba, together with Wash¬ ington reports indicating disfavor with excessive specula¬ tive activity in commodity markets served to dampen bull¬ ish enthusiasm and prompted scattered selling, under which prices yielded. Declines, however, were limited and of short duration. It was pointed out that another potential factor that might possibly find its reflection in the price structure was the probability that Philippine and Hawaiian sugars point put all deliveries above the $1 mark for the first in about a year—was the passage by Congress and approval by the President of the bill providing for 85% parity loans on the five major commodity crops. Under the bill signed by President Roosevelt on May 26, producers will be able to obtain a wheat loan of 85%—or about 97c. a bushel—compared with last year's 56% of parity—or 72c. the differential will be more than equalized by benefit pay¬ ments for compliance with acreage allotments and soilconservation programs, so that farm income from the 1941 of wheat promises to be the highest in a number of In signing the 85% parity bill, President Roosevelt pointed out that he did so only because he had reached an crop years. agreement with farm legislative leaders whereby the appro¬ priations for parity payments, which are different from parity loans, are to be held approximately to last year's Although the loan for No. 2 red or hard winter wheat in Chicago is about $1.14, prices are not expected to figure. reach has this level on because its hands of the fact that the Government upwards of 200,000,000 bushels of unre¬ deemed loan wheat which it can use to halt any undesired advance in prices. Furthermore, there will be the pressure of the new crop. It was consequently claimed that the price movement depends upon the available supply of "free" wheat, and just what this supply amounts to is not definitely known. It was also pointed out that one of whole the for the failure of prices to maintain their ad¬ the disposition of farmers to sell both "free" and farm loan storage grain on all upturns in order to empty their bins ahead of the harvesting of the new crop. -On May 9 the United States Department of Agriculture estimated that this year's winter wheat crop would be 653,reasons vance was supplies, which laid in refined in the the foundation for renewed event of the market for raw sugars will be unloaded at the west coast for land to the expensive. of East. Such a Sales of Cuban small volume and procedure raw transshipment over¬ would naturally be sugars consisted during the month of the following, all On May 8 first-half June shipment at 2.55c., and second-half June shipment at 2.55c.; on May 20 early June arrival at 2.45c., and on May 27 prompt ship¬ were exclusive of duty : ment at 2.47c. The wholesale price for refined, immediate delivery, was quoted at 5.10c. until May 21, when a range of 4.95c. to 5.10c. was quoted. On May 22 all refiners low¬ ered the price to 4.95c., at which figure it was continued until May 29, when a range of 4.90c. to 4.95c. was quoted. Coffee Aside from occasional temporary technical reactions, the market for coffee "futures" ruled generally firm during the past month, with prices at the end showing substantial gains. Increased buying by roasters of spot supplies was largely responsible for the strength of the market, although the prospect that the withdrawal of ships for Great Britain from the regular runs may promote shortages of space had MONTHLY REVIEW 10 Tlie most important news development during the more or less expected increase in the quotas and the authorization of producing countries to ship 15% in excess of their quotas for storage here. The news failed to have any adverse effect on the market, which was taken to indicate the underlying strength of the price structure. In fact, the quota increase amounts to only its effect. the month, however, was 265,689 bags, or one-sixtieth of the entire quota and the equivalent of six days' consumption for the country. The excess shipments will be stored in warehouses under the supervision of customs authorities until Oct. 1. No. 7 Santos was quoted May 31 at 9%c.@10c. against March 31; 8%c.@8%c. 30; April 9c.@9%c. 7y2'c.@7%c. 7c.@71/4c. Jan. 31; 6y2c. Dec. 31, the same as on Nov. 30; 6%c. Oct. 31, the same as on Sept. 30, against 5%c.@6c. Aug. 30; 6%c. on July 31, June 29 and May 31. No. 7 Rio was quoted on May 31 at 8c. against 6%c. Feb. 28; April 30, the same as on March 31, against 6c. 5%c. Jan. 31; 5%c. Dec. 31, the same as on Nov. Oct. 31; 5c. Sept. 30; 5%c. Aug. 30; b^c. on June 29 and May Feb. 28; 30; 5%c. July 31, 31. • Rubber concerning other cotton products. Notwithstanding the trading, prices held firm throughout. Print cloths at Fall River for 28-inch 64x60's advanced further from 5%c. April 30 to 6%c. May 31, while the price of 27-inch cloths 64x60's continued its rise from 5%c. to 6c., and that of Osnaburgs from ll%c. to 12%c. The report of the Census Bureau, issued May 14, and covering the month of April, disclosed another material gain in the domestic consumption of the staple, with the total establishing a new monthly record. The amount consumed in April was given as 920,142 bales of lint and 119,639 bales of linters, as against 854,179 bales of lint and 119,029 bales of linters in March, 1941, and only 623,098 bales of lint and 91,896 bales of linters in April, 1940. The woolen goods market was less active than heretofore, chiefly, however, because of the reluctance of producers to accept additional civilian orders in view of the mounting requirements for the defense program. With the backlog ures in letdown of unfilled orders reaching the huge estimated total of 75,- 000,000 yards, it is becoming increasingly difficult for cloth¬ ing manufacturers to arrange for nearby deliveries of needed materials. A particularly tight spot situation was reported tropical worsteds and gabardines. Women's wear fabrics active demand, with a number of produc¬ ers said to be sold up on their production of fall materials. in and strong during the first Crude rubber continued active period under review, mainly under the influence in war risk insurance rates, and tlie continued half of the of rise the Far Eastern shipping situation. Subse¬ quently, however, the market turned weak, and prices de¬ clined sharply. The dominant bearish factor was the report that higher margins on rubber futures have been demanded tightness in the by the Office of Price Administration and Civilian Supply; that a price ceiling may be placed on the commodity. also Moreover, it was said that the easier as come transporting rubber from the producing centers. consumption statistics for April, revealing an increase of 36.3% over April, 1940, as well as reports about the outbreak of labor troubles in one of the Malayan States for able The monthly served as steadying influence, but recurrent temporary a offerings, and a further recession in quotations. smoked sheets for spot delivery were quoted at new Ribbed asked May 31 against 23%c. 22 %c. asked March 31; $2.88@$2.93 against $2.81@$2.86 April 30; $2.95@$3.00 31; $2.70@$2.75 Feb. 28; $2,54@$2.59 Jan. 31; $2.52 @$2.57 Dec. 31, the same as on Nov. 30; $2.58@$2.63 Oct. 31; $2.55@$2,60 Sept. 30; $2.47@$2.51 Aug. 31; $2.53@ $2.55 July 31; $2.65@$2.68 June 30, and $2.72@$2.79 May 31. March the In asked April 30; 22%c. 21%c. asked Feb. 28; 19%e. asked Jan. 31; 20%c. asked Dec. 31; 21c. asked Nov. 30, the same as on Oct. 31; 19%c. asked Sept. 30; 19% c. asked Aug. 31; 21%c. asked July 31; 21%c. asked June 30, and 21%c. asked Petroleum and Its Products of the Interior Harold L. textile trades continued maintained their active trend, under of stimulus expanding industrial activities, due to mounting orders for the national defense program. Retail business made another good showing, as increasing payrolls and the approach of the vacation and travel season resulted in enlivening the pace of consumer buying. Pre¬ dominantly favorable weather conditions, and various pro¬ motional events, such as National Cotton Week and Mother's Day, helped to enhance the volume of sales, with summer apparel, sports wear items and travel accessories attracting particular attention. Substantial increases in the dollar volume of business reported from all sections of the Middle Western, New England and made a better showing than some parts of the East and South where drought conditions re¬ tarded business to some extent. Wholesale trading, far although country, Pacific from Coast districts experiencing tinued active into the stantial were as the customary numerous market, and reorders advance seasonal letdown, goods orders attained on fall summer con¬ came sub¬ Prices maintained their firm trend, and further advances were announced on bedspreads, mat¬ tress covers and linens. Delivery difficulties were again encountered in many fields, and the slowness in shipments and the reluctance of sellers, to accept orders for early de¬ livery tended to hamper the volume of business in a good many instances. Raw cotton in May advanced sharply dur¬ ing most of the month, with quotations reaching the highest levels in several years. The paramount influence was the adoption by Congress, and the subsequent signing by the President, of legislation calling for a mandatory loan of 85% of parity on the 1941 cotton crop. The growing realiza¬ tion that the new loan rates were sharply in excess of proportions. current market values led to substantial buying and cover¬ ing operations, and a further stimulus was provided by the release of the domestic consumption figures for April show¬ ing the largest use of the staple on record. Scattered hedge selling and profit-taking were easily absorbed by the mar¬ ket, but later in the month the placing of a price "ceiling" on combed cotton yarns and unfavorable reports from the "that insure be the supply of petroleum and its products accommodated to the needs of the Nation and the The appointment followed the oil rationing in the East is a distinct possibility and Mr. Ickes's predic¬ tions of gasoline-less Sundays for the Eastern States. In the presidential letter to Mr. Ickes notifying him of his appointment as Petroleum Coordinator, Mr. Roosevelt gave him power only to "make specific recommendations" program." President's warning to Speaker Rayburn that Federal to State or governmental mendations" to the of coordinator the on of matters petroleum would amount to a virtual order. In his letter President Roosevelt said, in part; "One of the essential requirements of the national defense policies petroleum de¬ and utilization resources and our facilities present and future for making petroleum and petroleum products available, adequately and continuously, in the proper forms, at the proper places, and at, reasonable prices to meet military and civilian needs." It was generally agreed, on the basis of current statistics covering the American oil industry, that the President's move was motivated not by any shortage of crude or refined products but by the shortage of transportation facilities to make gasoline and other refined products such as lubricants available at reasonable prices in major consuming areas. This problem has been accentuated by the Administration's lend-lease plans for Great Britain, which have sent 50 American tankers formerly used in the Gulf Ooast-Atlantic which must be made the basis of policy in the unlimited national clared on May 27, 1941, is the development with maximum efficiency of our petroleum our program, defense Coast trade into In problems 1. of The crude letter to Mr. Ickes he specified the follows: as proper oils emergency of Great Britain in recent weeks. use President's the development, production and utilization of those reserves natural gas that are of strategic importance both to and quality and location. 2. ucts Elimination and which the more or reduction of development efficient use of mining loan rates in the various sections of the Southern products with full consideration belt. of the 3. 4. cross hauling of petroleum and its prod¬ transportation facilities and of can storage Spot cotton here in New York was quoted 11.73c. May 1, point advanced steadily to a high of 13.63c. May 26, with^ the price subsequently receding to 13.55c. May 31. Business in the gray cloths markets was very active in the early part of the month, and prices on all authorities and Under the unlimited emergency proc¬ lamation, however, there was little doubt that the "recom¬ petroleum industry. European war exerted a somewhat sobering influence on trading, as did discussions regarding the methods of deter¬ and from that Ickes Petroleum Coordinator for National Defense and ordered him to formulate a program national defense The the double $10,000,000,000 American petroleum industry was placed under Federal control on May 31 when President Roosevelt, acting under powers of the unlimited national emergency proclamation issued on May 27, named Secretary will Textiles crack was The to May 31. the 20-22 deniers Japanese of case quoted at $2.81@$2.86 May 31 against $2.69@$2.74 April 30; $2.82 @$2.87 March 31; $2.55@$2.61 Feb. 28; $2.33 @$2.38 Jan. 31, the same as on Dec. 31; $2.34@$2.39 Nov. 30; $2.40@$2.45 Oct. 31; $2.38@$2.43 Sept. 30; $2.41@ $2.45 Aug. 31; $2.44@$2.46 July 31; $2.56@$2.58 June 30, and $2.64@$2.81 May 31. extra the Administration's price policy induced over nervousness Japanese double extra 13-15 deniers were quoted May 31 at freight situation would be¬ shipping space would be made avail¬ more also continued in be made of existing methods by and transportation facilities. Balancing refining operations to secure the maximum raw materials The elimination and of other and efficiency of production and distribution. of the drilling of unnecessary unnecessary yields of specific for requirements, the most economical use wells in proven fields activities and equipment. The letter of appointment did not bestow upon Mr. Ickes activities during the second half of the month was due price-fixing powers, but Coordinator Ickes's powers specifically authorize him to make recom¬ mendations to the Office of Price Administration and in part to the growing difficulty in obtaining nearby de¬ liveries, and in part to the belief that the placing of a price ceiling on combed yarns might be followed by similar meas¬ Civilian Supply, an authorization which in effect, it is be¬ lieved, opens the way for the establishment of "priceceilings" should petroleum prices shoot upwards. constructions reached in new high points. The slowing down any specific broad MONTHLY BEVIEW June, 1941] Nation-wide oil crude price developed during advances affected by structure. .Tue May, with every producing field in the country upward revision of the crude oil price movement was touched off by a the forward barrel boost in crude oil inices general 10c. a in the Oklahoma and Kansas Phillips Petroleum Co. and the Shell Oil Co. The advance posted by Shell also was made effective in New Mexico, North, West and East Texas, and those P°°l® *n which the company purchased crude in Louisiana. The Shell announcement also disclosed a 10c. boost in Illinois fields by prices, while Phillips Petroleum extended its price advances into the Texas Panhandle, where quotations were crude oil lifted 9c The price schedule for Oklahoma, Kansas and Illinois no May 19 with the other fields' postings new effect into went Under the revised setup, Oklahoma and Kansas crude oil went to a new top price of $1.25 a barrel, while Benton County, Illinois, had a new flat price of $1.37 a barrel. West Texas and New Mexico crude oil went up to $1.04 for 36 gravity and above, while East Texas crude went to a flat price of $1.25 a barrel. West Texas crude oil advanced to 95c. for Pecos effective the following becoming and for the past several months, before the House of Representa¬ tives, which promised early hearings upon the bill in order "The of day. possibility within tion oil in only did higher prices develop Mountains, but Rocky announced a taneously, as Standard measure the bill fields fore for potentially dangerous, but even which is The immediate construc¬ the supply to the Atlantic few months. augment to available to means one relieve this situation. proposed by Mr. Cole seems to me ade¬ it is a The situation which is designed to correct must be remedied. I there¬ of first rank in take this means and to to urge importance. call that the measure be it given directly to your early and direct by Congress." The situation whereby governmental construction of pipe¬ lines is necessary arose through the refusal of certain rail¬ Georgia to allow the pipelines to cross their rightLegislation to force cooperation of the railroads roads in of-way. with upward the Georgia pipeline companies failed of enactment in the Legislature despite the personal intervention of Roosevelt in President special wire sent to the Governor the Senate floor there in which he stressed the importance of the pipeline construction and urged that the State of Georgia give every possible aid to of Georgia and read such a upon The situation was brought to a head during building. May through plans of the Maritime Commission to to Great Britain 50 tankers formerly in the Gulf a "loan" Coast- 25 of which already have been trans¬ ferred. The gap in transportation facilities caused by this transfer plus the increased demand as a result of defense activities has brought about the possibility of a shortage along the Atlantic Coast not because we haven't got the petroleum but because transportation to refineries is im¬ possible in the needed quantities. The seriousness of the situation which has developed be¬ cause of the bottleneck in pipeline construction is illus¬ trated in the pessimistic attitude taken by Dr. R. E. Wilson, chief petroleum consultant of the Office of Production Man¬ agement, in a speech delivered before the American Institute of Chemical Engineers at thei?, annual convention at the Hotel Sherman in Chicago late in May, in which he declared that in spite of everything which can be done this summer, it will be difficult to move the desired volume of petroleum in the fields east of Oil Co. of California in the States United oils crude into made were during products into the East Coast area, particularly if further diversion of tankers to England is necessary. Petroleum the Nation's general price struc¬ Among alignment. the gasoline produc¬ 12 times greater than that in 1916, and only transportation is there any bottleneck in sight. Axis oil supplies were so low, Dr. Wilson said, that England might win the war without invading Europe by bombing Germany's "vital spot"—her synthetic oil plants and transportation lines. Early in the month the Maritime Commission disclosed the details of the agreement with the American oil com¬ supplies areas in 11 years, barrel in with Midland grade crude oil moving up to $1.44 the price structure was brought into line with as the Illinois Also on quotations May 27 came after the last advances there. price of 7c. a barrel in the posting on Corning grade crude oil by the Joseph Seep Purchasing Agency of the South Penn Oil Co. to $1.31 a barrel. Oil Standard 7c. Co. 10c. to a of Louisiana barrel in announced increases May 21. Ashland Oil a in crude oil and gasoline Olson Albert Governor of California in telegrams sent to iPetroleum meet the and the Standard Texas of Co. announced California that increases, they would retroactive to May 23, The disclosure necessary in industries that the Administration might find it to curtail the consumption of oil on the Atlantic order to conserve supplies for essential defense contained in a letter sent by President Speaker of the House Rayburn in which the Chief Executive urged legislation under which the Govern¬ ment may itself build pipelines for the transportation of Roosevelt was to of the 50 desired by the domestic oil trade to carry oil for Great ships from the private operators, using "lease-lend" funds and paying the going rate. If shipping rates are raised contrary to the Commission's request, however, the Com¬ mission is free to pay lower charter rates. Oil producers, who will be forced to lease part of their tanker fleets to the fleet of 50 tankers that the Commission plans eventually to have, will have part of their oil petroleum make up other operators on a cost-of-operations basis. Standard Oil Co. of New Jersey early in the month dis¬ closed that it has already revised its pipeline setup to make carried by prices by West Coast on oil tankers, transshipment into British bottoms. Under the terms of the agreement, which may serve as a basis for withdrawals of other American ships, the Commission will lease the barrel. May 28. In reporting a 25% increase in crude oil prices in California within a month, Governor Olson urged Mr. Henderson to set prices of petroleum and natural gas products at "reasonable figures" pending an investigation. On the same day that the Governor made his protest to Washington, Union Oil of California, General Washington of Britain from South American to North American ports for & producers was asked of President Roosevelt and Leon Hen¬ derson, Director of the Office of Price Administration, by ample, he pointed out, with ately from the of Transportation lifted Kentucky River pro¬ duction and Big Sandy River production in Kentucky 10c. a barrel, retroactive to May 21. Federal investigation of what he termed "unwarranted" increases field Commission for Great Britain, would be withdrawn immedi¬ crude Talco crude, Texas, was lifted 7c. the panies whereby 25 postings in Louisiana, effective as of May 22. Heavy Smackover crude was lifted 7c. a barrel, other fields being moved up 10c. a barrel. Magnolia Petroleum, affiliate of Socony-Vacuum, lifted crude oil prices in Texas, New Mexico, Oklahoma, Illinois, Louisiana and Arkansas by 10c. a barrel, effective a are tion at present central Michigan fields, Corning crude and several fields in Arkansas. Advances of from 5c. to 7c. a barrel in crude prices in central Michigan fields sent quotations to the highest levels Coast the Atlantic Coast is consideration affected in the latest price advances were of the attention general price advance in gasoline prices simul¬ it did last month, posted increases ranging final weeks in May to bring the as concentration of industry, upon quate to accomplish its objectives and, in my opinion, up to 12c. a barrel in all California fields. In the April markup posted by the company, advances in crude oil prices ran up to 13c. a barrel in some fields. With the posting of the California price advances, all major fields in the United States boosted sharply higher crude oil prices at the close of May as compared with those prevailing at the outset of the month. May was the second consecutive month in which crude oil prices advanced. Further readjustment in crude oil prices in various scat¬ from a pipelines is The bill South Penn Oil Co advanced Illinois, Indiana and Kentucky 10c. of Coast posted the second advance in West Coast crude oil prices in less than a month late in May. The company, which a bases Atlantic Coast trade, Not ture military and present demands upon these transportation facilities make restriction of oil consumption to essential uses a distinct barrel. tered program," President Roosevelt de¬ "The vast letter. is this water route long and prices of Pennsylvania grade crude oil 15c. a barrel to $2.55 for Bradford-Allegheny, $2.20 in Southwest Pennsylvania Pipe¬ lines, and $2.15 for Eureka Pipeline. Ohio oil lifted crude oil prices 10c. a barrel, with Elk Basin and Grass Creek light going to $1; Lance Creek to 92c., and Rock Creek to $1.15. Soldo Corp., subsidiary of Standard of Ohio, ad¬ revision in these areas, the his concerned with one of the vital phases defense dependent for petroleum upon tankers plying between the Guif Coast and the Middle Atlantic ports. Not only Phillips price, in general, in the fields affected by the and Shell advances. In addition to the general the crude in population fields, further strengthening developed in other throughout the country. All major companies met vanced industry is measure national our clared the Illinois fields petroleum to speed its enactment. above. Phillips and the the introduced such legislation Shell advances sending crude oil prices to the highest level since 1938, when widespread price weakness developed on the flood of cheap oil from With private build¬ of such ing County, Yates Field (deep), and 82c. for Yates Field (shal¬ low). Texas Panhandle prices were set at $1.11 for 40 gravity petroleum products or grant to or pipelines the right of eminent domain. Shortly before President Roosevelt's letter, Representative Cole, head of the House subcommittee which has been investigat¬ ers new barrel bl petroleum , up for the loss of the transportation facilities through the turning over of some of its tankers to the Maritime Com¬ mission. Pipeline deliveries from the mid-continent fields to the company's Bay way, N. J., refinery will be Increased by some 16,000 barrels daily under the new setup. This Was accomplished by ending the movement of Venezuelan pipeline from Marcus Hook, Pa., to Sarnia, Ont. pipeline thus freed is now used for moving oil from the mid-continent to Bay way and the switchover was wait¬ crude oil by The ing only for final approval of the new schedule of tariffs, in Washington. The crude oil which will be lost by filed the Sarnia refinery of Imperial Oil Co., Ltd., Standard of Jersey affiliate, will be replaced through importations of mid-continent crude oil which that refinery utilized prior New to last December, when the pipeline movement from Marcus Through the pipelines made available Hook was initiated. by the change, Standard can send 10,000 barrels of crude / 13 REVIEW MONTHLY additional May 14—Republic Refining' advanced prices of crude Pigeon field in coastal Louisiana 5c. a barrel to $1.10. Pennsylvania. 10c.. a daily to Bay way, and it was reported that arrangements have been completed to obtain the other 6,OOU barrels daily through a Tidewater line which cuts through oil-producing States met Washington in 15c. used in the branch of producing amount the price advances of Kansas, Texas and Illinois fields, other major Oil Co. advanced Pennsylvania crude oil prices barrel. a oil industry, May 21—Ohio Oil lifted Elk Basin and Grass Creek crude 10c. Lance Creek and Rock Creek also moved up 10c. May 21—Sohio Oil which lifted Illinois, Indiana and Kentucky crude oil 10c. 23—Standard Oil Co. of California posted advances in all to 12c. a barrel. 24—Standard of Louisiana lifted heavy Smaekover crude barrel, other Louisiana fields 10c. a barrel, effective as of May 22. May. fields ranging up May 24—Magnolia May Louisiana Illinois, Petroleum lifted Arkansas and crude advanced 7c., all boosts effective as of While it is not possible to curtail use of steel in oil fields sufficient to account for the total needed in the pro¬ Texas, 10c. New a Mexico, Oklahoma, Talco, Texas, was barrel. a 7c. May 21. May 24—Ashland Oil lifted Kentucky crude 10c., as of May 21. May 27—Joseph Seep Purchasing Agency lifted Corning crude oil 7c. barrel to $1.31. jected pipeline construction, it was stressed that any saving important at the present time. Texas Senate was still considering the passed by the House of Representatives which author¬ Michigan crude prices 27—Central May At month-end the izes the Railroad Commission to prorate crude oil allowables the various fields on the basis of market demand. barrel, a barrel. a to steel. bill initiated Bayou with particularly desirable atj;he i>resent time in the oil industry in view of the fact that several large pipeline projects cur¬ rently planned in the East will consume large amounts of is Oil the 011 approximately 250,000 tons annually. R. E. McConnell, head of the production division conserva¬ tion unit of the OPM, pointed out that savings of steel are at all Penn 20—South May major May 27 with members of the Office of Production Management to discuss the possibility of conserving approximately 20% of the steel would barrel in Oklahoma, in companies following. Representatives of the Interstate Oil Compact Commission and officials of the oil control agencies of the various 19—Phillips Petroleum and Shell May oil Midland crude going with barrel, lifted were from 5c. a 7c. to a $1.44. to May 28—Texas General Petroleum and Union Oil of California met the crude advances posted by Standard of California, retroactive to May 23. among The bill, which would create a method of selective new buy¬ ing, is being opposed chiefly by the Ohio Oil Co. and Sin¬ clair Prairie Oil Co. The bill is designed to eliminate the loophole in the Texas proration laws under which the Continental Oil Co. obtained injunction an this month against the Commission, issued by the Travis County Dis¬ trict Court, allowing the oil company to produce sufficient oil to fill its orders. Commissioner Sadler, of the Railroad Commission, said that the injunction, unless upset in the Commission's appeal, might result in seriously endangering entire the Texas proration system, as field every •State would be allowed to produce all the oil as long as there in the it could sell physical waste. H. F. Sinclair, Chairman of the Board of the Consolidated Oil Co., in a statement issued in New York City late in the month, expressed his opposition to any. change in the present oil proration laws of Texas. In response to many inquiries, he stated that his view was that the best solu¬ was no tion offered at present was to extend the present law for two years, with the addition of provisions covering the pro¬ duction of condensate. The latter product, he pointed out, was becoming of increasing importance, and the crude mar¬ ket would be affected if condensate was not prorated on a basis with crude oil. It was indicated that Mr. Sinclair was referring to the Clark comparable proration bill now pending in the Texas Legislature, which, with the active approval of Commissioners Sadler and Culbertson of the 'Railroad Commission, has already passed the House by a large majority and is now before the Texas Senate. The Clark proration bill provides that proration shall be by the entire demand for oil from all pools, » determined rather than on purchasers' nominations as to the quantities of certain grades required from individual pools. "Radical changes at this time," Mr. Sinclair said, "would inevitably lead to litigation, and while the present law may not'be perfect i.n all respects and may not suit everybody, includ¬ ing myself, under all the circumstances I think that the industry had better bear the ills it has than fly to others that it knows not of. Certainly I am not in favor of try¬ ing new yardsticks and new methods, opening up an en¬ tirely new series of problems which experience indicates would have to be fought through the courts and might take years to determine." Highlight of the month's developments in refined products the agreement reached in Washington late in May whereby refiners and marketers of gasoline agreed after a was conference with Office of Price Administration and Civilian officials not to make any further substantial in¬ in quotations without prior consultations with Leon Supply creases Henderson, curtailing more than 30,000 barrels May market demand estimate of the Bureau, and 3% above actual demand in the comparable 1940 Prices period. 16,000 barrels daily, which is approximately below the current allowable and approxi¬ mately 9,500 barrels under the level recommended for Texas during June by the Bureau of Mines. The Texas June pro¬ ration ruling provides for 21 production days in all fields except those in the Panhandle, which are allowed 26 days. Louisiana also kept in line with its June Bureau of Mines market estimate allowable, setting the figure for June at 319,500 barrels, against 319,700 barrels recommended by the Federal The agency. figure is 824 barrels under the May quota of 320,324 barrels. District Judge J P Barnes, upon the motion of the plaintiffs and at their cost Only eight plaintiffs remained in the case when entered the order May 19. One plaintiffs claim had previ¬ ously been ordered dismissed by the court, and four others had voluntarily withdrawn their charges. A was advance of 5% by all major general wage oil companies was Representative price changes ' crude oil markets of the Nation May 5e. to May 1—Ashland Oil & showing the trend during May follow: Transportation advanced $1.80, and Big Sandy River crude 5c. to of higher into the a barrel. crude petroleum and Diesel products—gasoline, fuel oil and lubricants—moved during sharply higher, with further price advances a distinct possi¬ bility, although tlie future of the market is clouded by the possibility of a Government-enforced "price-ceiling." Indus¬ expansion and the tightness created in supplies along Coast by the transportation bottleneck was behind the marked strength in fuel and heating fuels with trial Atlantic the the forward movement of crude oil is tor the prices also potent fac¬ a bolstering the market. June domestic demand record-breaking for fuel motor will continue at in evidence during the year to date, with the Bureau of Mines placing home needs for gaso¬ line at 59,900,000 barrels, which is 8% above the abnormally high demand in June last year and almost 11% above the estimated pace domestic demand for motor fuel in June, 1940. strong domestic demand for motor fuel and probable further substantial increases in fuel oil require¬ ments, the Bureau's report declared that refinery opera¬ In view of the tions should remain at a high level and there should be abnormal reductions of storage. no Representative price changes, showing the trend of the major refined products in all leading markets throughout the country, follow: Nation's May 1—Socony Vacuum lifted undivided dealer prices of gasoline %c. a gallon at Boston, and 7/10c. a gallon for undivided dealer and commercial tank-wagon prices at Buffalo. May 5—Standard of Ohio lifted retail prices of grades, effective May 5. May 6—Gulf Coast 51,4c. to May New to to %c. a gallon, all gas i;. prices 5^>c. of regular gallon. a gasoline Natural advanced were gasoline being $2 Portland, %c. a %c. In gallon in jumped 3^c. 7—Socony-Vacuum advanced Mobilheat 2/10c. prices York City. May 7—Diesel fuel oil moved New at Me., York, and Boston, $1.90 at a * 5c. up a barrel Philadelphia Atlantic at and Coast Baltimore; ports, $2.10 at Norfolk. May 8—Socony-Vacuum advanced Mobilheat l/10c. a gallon in Vermont, Connecticut and most of New York State, except in the western area. May 8—No. 2 fuel oil prices were lifted %c. a gallon in Baltimore to 5c. May 9—Service station prices of pasoline, and No. 2 fuel oil prices were lifted y2c. a gallon in Philadelphia. May 9—Undivided gallon, car commercial prices 7/10c. May lc. a a dealer tank quotations wagon prices of gasoline were lifted 8/10c. a 7/10c. a gallon to 8.3c., and tank gallon in New York and Brooklyn. central New York State advanced 4/10c. 9—Gasoline prices in 3/10c. a May May New lifted fuel, kerosene and No. 2 fuel oil advanced were in York. 14—Bulk up were gallon. 14—Motor western went to gallon. May 13—Upper New York and New England gasoline prices y8c. a gasoline gallon. prices North in the Texas midcontinent refinery prices and midwest advanced a field similar amount- May 19—Standard delivery, by 0.6c. and the District a of of New Jersey advanced gallon in New Jersey, and gasoline, %c. a all methods of gallon in Maryland Columbia. May 21—Atlantic Refining advanced motor fuel prices ^c. a gallon in Jersey and the Philadelphia area. May 23—Standard of California posted a general price advance of %c. a gallon in gasoline prices throughout its marketing area. May 26—Continental Oil Co. advanced tank wagon prices of all grades southern New of Kentucky River $1.22. 2—Pure Oil advanced Corning, Ohio, crude oil 7c. put refined tools men, May, with every major marketing area in the country being affected by the upward revision in tlie price structure. Record consumption sent gasoline on effect early in May. all consumption and releasing pressing defense work. kerosene sharply new Dismissal of the triple damage suits brought by 13 con¬ sumers against major oil companies convicted of anti-trust law violations at the Madison trials in 1938 was ordered in Chicago late in the month by Federal of and oils above the The Texas Railroad Commission set the June allowable for the State at 1,362,280 barrels civilian and material for Oklahoma is price-control group. new early in June. It was indicated that manufacture of fuel burners might be curtailed, with the two-fold object of gallon This total the to oil Bureau Mines. of curb civilian consumption of fuel oil, in heavy demand in the defense program, are scheduled for Daily average demand for crude oil in the domestic mar¬ ket during June was set at 3,830,000 barrels in the regular monthly market demand estimate of the United States of Administrator Further meetings gasoline subnormal" in and kerosene 5/10c. a gallon at all so-called "normal and points in its marketing area. May 26—Standard Oil of New Jersey advanced Esso gasoline lc. a gallon West Virginia, 5/10c. a gallon in Maryland and the District of Columbia MONTHLY EEYIEW June, 1941] • on a posted gasoline prices, tank-wagon prices 5/10c., and tank car gallon in Virginia. May 26—Midcontinent gasoline prices advanced %c. a 27—Magnolia Petroleum advanced tank wagon prices kerosene, all grades, lc. a gallon throughout Oklahoma. May 27—Gulf Coast prices of motor fuel moved May 6/10c. 28—New a York Oity gasoline gallon, excluding Staten Island. prices up of gasoline %c. to tyc. a gallon. gained from 4/10c. to Nassau Southern Westchester and County prices also were readjusted. May 28—Standard of Ohio advanced gasoline prices, all grades and all methods of delivery, %c. a gallon, effective May 29. MAY FINANCING OF THE UNITED STATES TREASURY With the rate of defense expenditures increasing in to May approximately $900,000,000 from $761,000,000 in April, the Treasury stepped activities. It in various directions its fund raising brought out two decided to roll bill up issues, sold three months substantial sum new types of securities. the first of the $200,000,000 over in the regular ago, way to fall due. through a It discount It raises a public offering of long-term bonds. It anticipated the maturity on Aug. 1, 1941, of $834,435,200 of 314% bonds by making an exchange offering. It appealed to Congress for a revision of the excess profits tax law and corporation income taxes to raise an amount $303,000,000 above the revisions first sought. Of particular significance was the implementing by the Treasury of its fund raising appeals by the offering on May 1 of the defense savings bonds, the plans for which had been in process of development for several months. The securities offered, as noted previously in these columns, included a series E bond, replacing the earlier United States savings bonds, with purchases restricted to $5,000 by any one in¬ dividual in a calendar year; a series-F bond, also sold on a discount basis, available for purchase up to $50,000 in a single year by either individuals or corporations, except com¬ mercial banks, and a series G bonds, bearing a 214% coupon, and purchasable at par by individuals or corporations, again excepting commercial banks, up to $50,000 a year. In addi¬ tion, savings stamps, in denominations from 10 cents to $5, exchangeable for series E bonds, were offered. Secretary of the Treasury Henry Morgenthau Jr. an¬ nounced on May 8 that sales of the defense savings bonds and stamps totaled $114,880,000, including $18,679,000 of E bonds, $14,517,000 of F bonds, $80,130,000 of G bonds and $1,554,000 of stamps. Sales of these securities through May 14 amounted to $216,845,000, including $44,449,000 of E bonds, $24,294,000 of F bonds, $146,048,000 of G bonds and $2,054,000 of stamps. Sales for the first 24 days of May were estimated by the Treasury at about $348,000,000, including $92,000,000 of E bonds, $37,000,000 of F bonds, $219,000,000 of G bonds and $2,800,000 of savings stamps. At his press conference on May 12 Mr. Morgenthau said the sales were "as good as expected or maybe a little better." He predicted sales for the entire month of more than $400,000,000. The other new type of security which the Treasury added raising armory in May was announced on May 26 by Acting Secretary of the Treasury Daniel W. Bell. He said the Treasury was offering a special issue of 2% de¬ positary bonds for subscription by depositaries and financial agents. It was stated that the issue would be dated June 1 to its fund and the coupon, subject to Federal taxation, would be pay¬ semi-annually. The Treasury did not expect that more than $100,000,000 of the obligations would be subscribed for. The bonds will be issued in registered form only in the name able of the Treasurer of the United States in trust for the de¬ positaries and financial agents to which they are allotted, and they will not be transferable. The Treasury received many requests for such a bond from banks which are opening offices, particularly near Army camps, and need to Government depositaries. The principal financing operation carried out by the Treasury during the month was that disclosed by Secretary Morgenthau's announcement on May 22 of a cash offering of $600,000,000 of 2 J4% Treasury bonds of 1956-58. In addition, the Treasury made provision for the refunding of $834,435,200 of 8\i% bonds maturing Aug. 1, 1941, by offering the new 234% bonds in exchange for the %% Treas¬ new qualify as notes of series D-1943 offered in connection with the March financing. The new 234% bonds are dated June 2, 1941, and will mature on March 15, 1958, with option to the ury Treasury to redeem the issue It should be noted that the and after March 15, 1956. bonds have four years longer on new maturity than those sold last March and represent the longest term cash offering since the sale of 22-27 year tax exempt 2%s in December, 1938. The %% notes mature March 15, 1943. An overwhelming ceived for the closed new volume of cash subscriptions was bonds and the subscription books re¬ were May 22, the day of the offering. The books on exchange subscriptions were closed on May 23, except for the holders of $15,000 or less of the maturing bonds, for whom a May 24 closing of the books was permitted. Secretary Morgenthau said on May 27 that subscriptions to the new bonds aggregated $8,268,000,000, ydth all subscriptions allotted 8 %, on a straight percentage basis, with adjustments, where necessary, to the $100 denomination. Almost 95% of the Treasury bonds falling due on Aug. 1, 1941, were tendered in exchange, about $788,000,000 for the bonds and $1,000,000 for the series D-1943 notes. on John H. Fahey, Chairman of Home Owners' Loan Corpora¬ May 1 that $190,837,900 of the corporation's series L %% bonds would be paid in cash on maturity May 15. With this payment, said Mr. Fahey, the HOLC will have reduced by some $636,000,000 its liability for un¬ matured bonds since the close of its lending period in June, 1936. Outstanding matured bonds, he said, would amount to $2,409,000,000 after the May 15 redemption. The Federal Intermediate Credit banks sold on May 16 $36,490,000 of 34% consolidated debentures dated June 2, of which $2,750,000 were taken within the system and $33,740,000 were offered publicly at a slight premium over par. Of the debentures publicly sold, $16,915,000 will tion, said gallon. May and prices lc. on mature on Dec. 1, 1941, and $16,825,000 on March 2, 1942, $500,000 of the privately placed portion will fall due on Dec. 1, 1941; $1,250,000 on March 2, 1942, and $10,000,000 on Sept. 2, 1941. Of the proceeds, $8,190,000 will be new money and $28,800,000 will be used to meet ma¬ turities of that amount on June 2, leaving $235,165,000 of the debentures oustanding. The average price at which the weekly discount bill offer¬ ings were placed ranged downward from 0.097% for the obligations dated April 30 to 0.069% for those dated May 28. The Treasury made known on May 29 the fact that the $200,- while 000,000 of discount bills due with a June 4 would be refunded on bill issue of like amount. The details of Treasury bills sold given in the following tables: are Bills Bills ;• Offered Mature Apr. 25 1941 Apr. 30 1941 May May 7 1941 May 14 1941 May 21 1941 May 28 1941 2 1941 June a discount basis Amount of Dated May 9 1941 May 16 1941 May 23 1941 May 30 1941 on 4 1941 Offering July 91 30 1941 Aug. 6 1941 Aug. 13 1941 91 Aug. 20 1941 Aug. 27 1941 Sept. 3 1941 91 91 91 91 Subscrip¬ tions ' days $100,000,000 $301,690,000 day 8 100,000,000 315,843,000 days 100,000,000 374,651,000 100,000,000 301,533,000 days days 100,000,000 260,380,000 days 200,000,000 334,889,000 To Redeem Bills Subscrip¬ Amount Average Offered tions Accepted Price Yield $301,690,000 315,843,000 374,651,000 $100,069,000 99.976 100,031,000 99.976 0.097% 0.096% 100,004,000 99.983 0.069% 301,533,000 100,519,000 99.982 260,380,000 334,889,000 100,257,000 99.983 200,139,000 99.973% 0.070% 0.069% 0.107% Apr. May May May May May 25 1941 2 1941 9 1941 16 1941 23 1941 30 1941 NEW SECURITY ISSUES Maturing Issue of— $101,298,000 100,450,000 100,294,000 100,110,000 100,127,000 200,284,000 IN MAY Corporate financing in the domestic market for May was especially noteworthy both as to size and number of issues placed, revealing a sharp expansion in the aggregate total that of the previous month, and more particularly over for so Both the public utility and railroad groups contributed in large measurp to the market's im¬ provement, with activity in the latter group spurred on by one year ago. defense demands volume of for more equipment to meet the rising traffic. The placement of equipment trust certificates will undoubtedly continue to play an im¬ freight One of the portant role in future financing. ing issues placed in May more outstand¬ the $95,825,000 offering of the Union Electric Co. of Missouri, comprising $80,000,000 of 1st mtge. coll. trust bonds, 3%% series, and 150,000 shares of $4.50 series, no par, preferred stock. The above flotation represented the largest public offering for a utility company to be carried out so far this year. Two others of sizable proportions included the $50,000,000 issue of 20-year 8% debentures of the Firestone Tire & Rubber Co., and $14,625,000 equipment trust certificates of the was Southern Pacific RR. We present below the principal issues to come upon the in May, together with issues privately placed and financing in the form of bank loans: market RAILROAD FINANCING $14,625,000 Southern Pacific Co.—The First Boston Corp. headed a banking group which on May 22 won the aWard of $14,625,000 equipment trust certificates, on a bid of 99.568 for 2\i% bonds. Reoffering of the certificates was made May 23 at J>ricesJune 1, 1942 to0.40% 1, 1956. The certificates ranging to yield from June to 2.65% for maturities mature rom the rate of $975,000 annually. Other members of the Mellon Securities Corp.; F. S. Moseley Co.; Kean, Taylor & Co.; R. W. Pressprich & Co.; Estabrook & Co. and The Illinois Co. of Chicago. Three other at successful group were: & bids were made for the issue. 5,880,000 Baltimore & Ohio RR—Drexel & Co. and Harris, Hall & Co. (Inc.) on May 14 offered at prices to yield 0.45% to 2.20%, according to maturity, $5,880,000 equipment trust certificates, ser es L, 1%%. Dated June 1, 1941: due $588,000 annually June 1, 1942-51 incl. The issuance and offering of the certificates were subject to approval by the Interstate Commerce Commission. Issued under the Philadelphia Plan by the Girard Trust Co. of Philadelphia as trustee, the certificates will be guaranteed unconditionally as to payment of principal and dividends by the Baltimore & Ohio RR. 4,970,000 Louisville & Nashville RR.—The Central Hahover Bank & Trust Co. won the award of $4,970,000 1 %% equipment trust certificates May 27 on its bid of 100.0777 for the obliga¬ tions, or an interest cost to the company of 1.61 % annually. Tne certificates will be secured by equipment costing not less than .$5,522,223 and will mature in 10 equal instalments on June 15, 1942-51. 3,100,000 Chesapeake & Ohio Ry.—Halsey, Stuart & Co., Inc., a group which was awarded May 28, on a bid of 100.111, $3,100,000 (Second Equipment Trust of 1941) 1 % % serial equipment trust certificates maturing $310,000 annually each June 15, 1942-51, inclusive. The certificates were immediately reoffered at prices to yield 0.25% to 1.95%. according to maturity. Associated in offering were: Blair & Co., Inc.; Ladenburg, Thalmann & Co.; Otis & Co., Inc.; A. C. Allvn & Co.; Gregory & Son, Inc.; The Milwauke Co., Edward Lowber Stokes & Co. First of Michigan Corp., and headed Walter Stokes & Co. The certificates were offered subject to approval ICC and were issued under the Philadelphia Plan. - _ ^«- by the MONTHLY REVIEW 14 The certificates are guaranteed unconditionally as to pay¬ ment of par value and dividends by endorsement of Chesa¬ peake & Ohio Ry., and are secured by new standard gauge f equipment, costing approximately $3,961,340. Pacific RR.—Salomon Brothers & Hutzler and $2,895,000 Missouri $1,950,000 Plainfield-Union Water Co.—Company placed recently an issue of $1,950,000 1st mtge. 3%%, series A bonds, dated April 1, 1941 and due April 1, 1971. The issue was sold at 104.92 to the Mutual Benefit Life Insurance Co., Newark, N. J.; Aetna Life Insurance Co. and Phoenix Life Insurance Co. associates were the successful bidders May 21 for an issue of The winning bid was 101.069 for the certificates as cost basis of 2.11%. They wre rethe bankers at prices to yield 0.40 to years. 2.45%, according to maturity. Associated with Salomon Brothers & Hutzler in the offering were Dick & Merle-Smith new 2,775,000 Pere Marquette Ry.—Lazard Freres & Co. and Kidder, Peabody & Co. on May 27 were awarded $2,775,000 2%% equipment trust certificates of 1941 on a bid of 100.233, representing a net interest cost to the company of 2.09%. The certificates were immediately reoffered at prices to yield 0.35 to 2.45%, according to maturity. The certificates dated June 1, 1941 become due $185,000 annually June 1, 1942-56 inclusive. Issued under the Phila¬ delphia Plan, subject to ICO approval. Proceeds from the sale of the certificates will be used toward 600,000 Latrobe Water Co.—On May 1,1941 company sold $600,000 1st mtge. 3% % bonds, due in 1966, at 104%, to an insurance company. Purpose was to retire existing Liens, the balance being reserved for property additions. equipment costing approximately $3,513,762. RR.—Evans, Stillman & Co. were successful May 20 for an issue of $500,000 equipment trust certificates, due in one to five years. Their bid was 100 for 1.04% obligations. There was no public reoffering of the $1,250,000 650,000 Morgantown Water Co.—Company placed privately an issue of $650,000 1st mtge. bonds, 3%% series B, dated May 1, 1941 and due May 1, 1971. Proceeds went to retire $500,000 1st mtge. series A 5% bonds and the balance for working capital. 1,250,000 New York Chicago & St. Louis RR.—Halsey, Stuart & Co., Inc., and associates were the successful bidders May 28 for an issue of $1,250,000 IH% equimpnet trust certificates on a bid of 100.47 for 1 %s. The certificates were reoffered at prices to yield 0.35 to 2.10%, according to maturity. Asso¬ ciated with Halsey Stuart & Co. in the offering were: Blair & Co., Inc.; Ladenburg, Thalmann & Co.; Otis & Co.; A. C. Allyn & Co., Inc.; Gregory & Sons, Inc.; The Milwaukee Co., and Edward Lowber Stokes & Co. The certificates mature $125,000 annually each June 15, 1942-51, incl. Issued under the Philadelphia Plan, certificates are secured by new rolling stock estimated to cost approxi¬ mately $ 1,393,075. They are guaranteed unconditionally as to principal and dividends by the Nickel Plate. 600,000 Montour for refunding existing 5s (called for payment). 75% of the cost of the 800,000 Wheeling & Lake Erie Ry.—Harriman Ripley & Co., Inc., were awarded the issue of $800,000 equipment trust cer¬ tificates May 14 on their bid of 100.112 for 1 %% securities. Interest cost to the road-on this basis is 1.478%. Certificates were dated May 15 and will mature serially in equal annual instalments from May 15, 1942, to May 15, 1951, and pro¬ ceeds will be used to purchase 500 hopper cars. The certi¬ ficates were quickly sold by the successful bidder. were 923,800 Kansas Nebraska Natural Gas Co., Inc.—First Trust Co. of Lincoln, Lincoln, Neb. Harold E. Wood & Co., St. Paul Minn. Estes, Snyder & Co., Inc., Topeka, Kan. The United Trust Co., Abilene, Kan. Rauscher, Pierce & Co. Dallas, Texas Beecroft, Cole & Co., Topeka, Kan., and BigelowWebb, Inc., Minneapolis, Minn., recently offered 9,238shares of $6 cum. pref. stock (no par) at 100 and dividends. equipment, leaving the road with a 25% cash equity. the purchase of Proceeds 1,000,000 Butler Water Co.—Company has placed privately an issue of $1,000,000 1st mtge. bonds, series A 3% %, dated April 1, 1941, due April 1, 1971. Proceeds will be used to redeem 2 Ma, or a net interest offered immediately by and Stroud & Co., Inc. The amount of the issue represents Hartford. of 5% bonds and for working capital. $2,895,000 equipment trust certificates maturing in 1 to 15 525,000 Riverton Consolidated Water Co.—The company on May 1, 1941, sold $525,000 1st mtge. 3 %% bonds, due in 1966 at 104% to an insutance company. Purpose was to retire existing liens, the balance being reserved for property addi¬ tions. 400,000 Cairo Water Co.—Company placed privately an issue of $400,000 1st mtge. 3%% bonds, series B, dated May 1, 1941 and due May 1, 1971. Proceeds to go to retire $375,000 1st mtge. series A4^s, due Oct. 1, 1955, and balance to new capital. 316,000 Penobscot County Water Co.—The company on May 1, 1941 sold $316,000 1st mtge. 3%% bonds, due in 1966 at 105 to an insurance company. Purpose was to retire existing liens, the balance being reserved for property additions. ' 250,000 Ellwood Consolidated Water Co.—On May 1, 1941 com¬ pany sold $250,000 1st mtge. 3M% bonds, due in 1966 at 102% to an insurance company. Purpose was to retire exist¬ ing liens, the balance being reserved for property additions. Water 200,000 Armstrong Co.—An issue of $200,000 1st mtge* 1, 1941, due April 1, 19o6» bidders bonds, series 3%s, dated April certificates. placed privately. Proceeds were used for refunding purposes. Company is a su bsidiary of American Water Works & Electric Co., Inc. has been A feature of the sale was that bidders had to name a price whatever coupon they selected. They could bid for in multiples of 1-100 of 1%. Ordinarily bids are Ms. of par for coupons in Ms or PUBLIC UTILITY FINANCING $95,825,000 Union Electric Co. of Missouri—Public offering of $80,000,000 of first mortgage collateral trust bonds, 3%% series due 1971, and 150,000 shares of preferred stock (no par) $4.50 series was made May 27 by a large group of under¬ writers headed by Dillon, Read & Co. The financing repre¬ sents the largest public offering for a utility company to be carried out so far this year. The bond issue, priced at 107%, plus int. from May 1 has been oversubscribed. The preferred stock was offered at $105.50 per share, plus accrued dividends from May 15. Other bankers in the offerings syndicate included The First Boston Corp. Spencer Trask & Co. Stone & Webster and Blodget, Inc. Blyth & Co., Inc., Harriman Ripley & Co., Inc. Mellon Securities Corp. Smith, Barney & Co. Union Securities Corp. Shields & Co. and Coffin & Burr, Inc. 19,519,800 Louisville Gas & Electric Co. (Ky.)—Offering of 780,792 shares of 5% cum. pref. stock (par $25) was made May 19 at $27.25 a share and div. by an underwriting group headed by Lehman Bros, and including Blyth & Co., Inc. The First Boston Corp. Goldman, Sachs & Co. Hemphill, Noyes & Co., and Stone & Webster and Blodget, Inc. Holders of the company s 7% and 6% cum. pref. stocks then 7,500,000 California Packing Co.—The company effective July 1» 1941, negotiated a new loan with the John Hancock Mutual Life Insurance Co. The loan bears interest at 2%% and is for $7,500,000, repayable in 15 annual instalments of $500,000 each. The indenture permits the anticipation of all or any part of the unpaid balance of the loan on any interest date at par and interest from earned surplus, or at a premium of % of 1% from other funds. Of the new loan, $4,000,000 is to be used to retire at par the balance of the present loan with the John Hancock Mutual Life additional sum Offering made to others was subject to the prior rights of the holders or the company s outstanding pref. The Louisville Gas & Electric Co. issues. (Del.), the company's agreed to exchange the 31,268 shares of 7% cum. pref. stock and the 3,534 shares of 6% cum. pref. stock then owned by it for 170,089 shares of common stock of the company, into which the then authorized class A common stock and class B common stock were to be re¬ classified. 7,500,000 East St. Louis & Interurban Water Co.—Company placed privat ly ahissueof $7,500,0001st mtge. bonds, 3%% seriesB, dated May 1, 1941 and due May 1, 1971. Proceeds were used to retire $7,200,000 1st mtge. 4M% bonds and the balance to new capital. 4,000,000 Peoria Water Works Co.—The company has placed pri¬ vately an issue of $4,000,000 1st mtge. bonds, series A, 3%%, dated April 1, 1941, due April 1, 1971. Chemical Bank & Trust Co., trustee. Proceeds will be used to redeem existing issues which have been called for payment as follows: $1,152,000 1st consol. mtge. 4s due May 1, 1948, called for payment Nov. 1, 1941, at 105 and int. $158,000 1st consol. mtge 5s due May 1, 1948, called Nov. 1, 1941, at 105 and int. $1,767,000 1st and ref. mtge. 5s, series A, due Aug. 1, 1950, called July 22, 1941 at 101 and int. $797,000 prior Tien 5s due May 1, 1948, called Nov. 1, 1941 at 102% and int., and $124,300 4% debentures due'Nov. 1, 1950 called Nov. 1, 1941 at par and int. ■ i 4 3,421,000 Southwestern Public Service Co.—Company sold privately $3,421,000 3%% 1st mtge bonds, series A, due on Jan. 1, 1966, to the Equitable Life Assurance Society of the United States at 105% and interest. Proceeds will be used to re¬ deem on July 1 outstanding 6% 1st mtge. series A bonds of the Southwestern Public Service Co. outstanding with the public and due on July 1, 1945. 3,00\000 Wichita Water Co.—-Company has sold privately an issue of $3,000,000 1st mtge, bonds, series A3 % %, dated April 1, 1941, and due April 1,1971. Proceeds will be used to redeem existing 6% and 5% bonds called for payment on June 9, 1941 and the balance will be used for improvements to property. Payment of these bonds will be made at the office of City Bank Farmers Trust Co., Trustee, 22 William Street, „ New York, N. Y. 2,400,000 Williamsport Water Co.—An issue Of $2,400,000 1st mtge. bonds, series A 3%%, dated April 1, 1941, and due April 1, 1971, has been placed privately. Proceeds will be used to refund the 5% bonds due 1952 called for payment Aug. 1 next at 102 and interest at office of City Bank Farmers Trust Co., New York. 2,000,000 Iowa Electric Light & Power Co.—First mtge. bonds, series B, 3M%. due March 1, 1971. Priced at 101% an.d int. Purpose, capital expenditures. Sold to Mutual Benefit Life Insurance Co., Massachusetts Mutual Life Insurance Co., Bankers Life Co. (Des Moines), and North Western Mutual Life Insurance Co. 1,050,000 General mtge. serial 3H% notes, due Dec. 1, 1942 to June 1, 1951. Purpose, capital expenditures. Priced at par and int. and sold privately to Equitable Life Assurance Society of the United States. Insurance Co. 5,000,000 (E. R.) Squibb & Sons—Company has sold to a New York $5,000,000 20-year 3 %% sinking fund proceeds have been used bank notes, to pay the cost of recently completed additions to its laboratories and the balance has been added to working capital. insurance company debentures due May 1, 1961. The to refund $2,500,000 10-year serial authorized . immediate parent, '■ (Inc.) in the offering were Halsey, Stuart & Co., Inc.; Blyth & Co., Inc.; Lehman Brothers; The First'Boston Corp.; Lazard Freres & Co.; and Glore, Forgan & Co. The bonds are dated May 1, 1941 and become due May 1, 1961. 5,000,000 Standard ments \ Associated with Harriman Ripley & Co., Inc., and Otis & Co. in cash representing dividend adjust¬ an FINANCING has been oversubscribed. outstanding were given the prior opportunity, expiring share of in cash, May 26, 1941 (10 a. m., CST) to exchange each their stock for four shares of the new pref. stock, $6 and INDUSTRIAL AND MISCELLANEOUS $50,000,000 Firestone Tire & Rubber Co.—Harriman Ripley & Co., Inc., and Otis & Co., as principal underwriters and leaders of a group of 78 underwriters and of about 600 selling group dealers, publicly offered on May 13 at 99 and interest $50,000,000 20-year 3% debentures due May 1, 1961. The issue Oil Co. of Ohio—The directors on May 28 debentures for additional working capital. The debentures, which were to be sold privately, mature serially over the period 1949 to 1956, and bear interest at rates averaging from 2.65% to 3%. the the purpose issuance of $5,000,000 serial of securing 3,000,000 Copperweld Steel Co.—Company, it was announced May 15, sold $3,000,000 4% 1st mtge. bonds, due May 1, 1956, to a leading life insurance company. In connection with this transaction the company retired $1,900,000 of 4%% 1st mtge. bonds due 1954. Of the balance $750,000 wili be used for working capital and the remainder will be used to adjust the present bank loan of $750,000. This financing was arranged through Riter & Co. Central Hanover Bank & Trust Co., trustee. & Co., inc.—The initial offering to the public of stock (par $1) of the company was made May 20 by 54 underwriters headed by Goldman, Sachs & Co. and Lehman Brothers. The underwriting embraced 202,372 shares of which 102,372 shares were outstanding and 100,000 shares represented new financing by the company. The price of the stock is $28.75 a share. A part of the new common stock included in the under¬ writing was purchasable by warrant holders at the public offering price under the terms of an offer made concurrently 2,875,000 Merck common by the company to holders of its outstanding common stock. This offer, which was on the basis of one additional share each nine shares held, was made to holders of record for May 19 and expired on May 28, 1941. 2,601,720 American Barge Line Co.—Offering of 236,520 shares of common stock, marking the transfer of control of the company from private to public ownership, was made May 7 by a group headed by F. Eberstadt & Co., Inc., at a price of $11 per share. All of the common stock offered and $2,000,000 first mortgage serial bonds were issued pursuant to a plan of reorganization. Controlling interest was acquired from the heirs and trustees of the late W. C. Kelly, founder of the company. 2,250,000 American Barge Line Co.—Bonds Placed Privately—Coin¬ cident with the offering of the common stock, $2,250,000 of bonds bearing interest from 0.75% to 3.50% and maturing serially, 1942 to 1951, were sold to the Prudential Insurance Co. The proceeds of $2,000,000 of these bonds were applied by the underwriters towards purchase of control. The re¬ maining $250,000 of bonds were sold by the company and such proceeds were applied to the repayment in full of existing bank loans. 2,000,000 Addressograph-Multigraph Corp.-*-Sold privately on April 10, 1941 $2,000,000 15-year 3% sinking fund debentures, due April 1, 1956. It also, at the same time, borrowed from the First National Bank of Boston $1,000,000 on 2%% notes due $100,000 each April 1 and Oct. 1, through April 1, 1946. 1,000,000 Poor & Co.—Since the close of 1940 the company sold privately $1,000,000 10-year serial debentures dated Jan. 1, 1941, and due serially $100,000 each Jan. 1 from 1942 through 1951. The first five maturities were sold at par with interest at 2%, the last five maturities were sold at 101 with interest at 3%%. The debentures due Oct. 1,1946, were called for redemption Feb. 1, 1941 at the jr.ll price of 101%. Judson, Voehringer Co., Inc.—The company sold privately $750,000 sinking fund debentures comprising (a) $150,000 series A, interest rate 2%, due March 15, 1944, and (b) $600,000 series B, interest rate 3 M %, due March 15, 1953. The purpose of the issue was to $750,000 Mock, recently redeem all the outstanding preferred stock. 700,000 Contract Purchase Corp.—Cray, McFawn & Co., Detroit, recently offered at 100 and int. $700,000 series (2-2M-3-3 M4%) ser. A debs. This offer was made to banks, trust com¬ panies and insurance companies resident only in Michigan and no offers to ouy were to be accepted from purchasers other than banks, trust companies and insurance companies resident only in Michigan. Dated March 15, 1941; due serially April 15, 1942-46. Purpose was to provide additional working capital and retirement of $58,965 of 4% debentures of 1949. 537,000 Queen of Angels Hospital, JUos Angeles, Calif.—DempseyTegeler & Co., St. Louis, offered $537,000 1st & ref. mtge. real estate bonds. Dated March 1, 1941; principal payable annually March 1, 1942 to and incl. March 1, 1953. Bonds are the direct obligation of the Queen of Angels Hospital, a corporation of Los Angeles, Calif., a'nd are secured by a first deed of trust on land and buildings costing in excess of $1,600,000. The purpose of this issue is to refund outstanding indebtedness at a lower rate of interest. 500,000 St. Joseph's Hospital, San Francisco, Calif.—1st mtge. real estate (2-2M-3%) bonds, due 1942-1953. Offered for refunding purposes by Dempsey-Tegeler & Co., St. Louis, Mo. 400,378 Hayes Mfg. Corp.—A. W. Porter, Inc., offered by pros¬ pectus, 200,189 shares of common stock (par $2) at $2.25 a share. 375,000 Association of the Franciscan Sisters of the Sacred Heart, Joliet, 111.—Dempsey-Tegeler & Co., St. Louis, offered $375,000 1st & ref. mtge. serial real estate bonds. Dated May 1, 1941, principal payable ann. Nov. 1, 1941 through 1953. Bonds are the direct obligation of an Associa¬ tion of the Franciscan Sisters of the Sacred Heart, a corpora¬ tion duly incorporated under the laws of the State of Illinois, and is tne General Motherhouse of this order of Sisters. The purpose of the issue is to refund present outstanding indebted ness at a lower rate of interest. Products, Inc., Los Angeles, Calif.—Wyeth, Los Angeies, recently offered $350,000 10-year 5% convertible debentures at 100 and interest. Dated Feb. 1, 1941; due Feb. 1, 1951. Of the net proceeds (esti¬ mated at $315,517), approximately $175,000 will be used for the purchase of outstanding shares of prior preferred stock by the company from its shareholders at a price of not to exceed $17.50 per share, plus divs. The balance will be devoted to the liquidation of bank loans ($85,000) and working capital 350,000 Ben Hur Hass & Co., purposes. 250,000 American Barge Line Co.—Company sold $250,000 1st mtge. serial bonds bearing interest from 0.75% to 3.50% and maturing serially, 1942 to 1951, to the Prudential Insurance Co. Proceeds will be applied to the repayment in full of existing bank loans. pref. 210,000 Sisters of Mercy of Fort Scott, Kan.—Dempsey-Tegeler & Co., St. Louis. Mo., offered $210,000 1st & ref. mtge. serial bonds. Dated May 1, 1941, principal payable annually May 1, 1942 through 1953. These bonds are the direct obligation of the Sisters of Mercy of Fort Scott, Kan., a corporation of the State of Kansas, and are secured by a first deed of trust on land and buildings valued at $557,592. This loan was originated for the purpose of refunding out¬ standing bonds at a reduced interest rate and represents the only bonded indebtedness of the community. 165,000 Community of Sisters of St. Joseph of Peoria (111.)— Dempsey-Tegeler & Co., St. Louis, offered $165,000 1st and ref. real estate serial bonds. Dated as of April 1, 1941 prin¬ cipal payable ann. April 1, 1942, through 1953, incl. These bonds are the direct obligation of the Community of the Sisters of St. Joseph of Peoria, a corporation of the State of Illinois. This loan was made to refund the outstanding indebtedness at a reduced interest rate. 150,000 St. Stanislaus College, Bay St. Louis, Miss.—Weil & Arnold, New Orleans, La., offered at 100 and int. $150,000 1st mtge. 3M%. Serial bonds. Dated April 15, 1941 due April 15, 1942 to 1956, incl. These bonds are the direct obligation of St. Stanislaus College, Bay St. Louis, Miss., incorporated in Mississippi. These bonds were issued for refunding and other corporate purposes. 130,000 (The) Congregation of St. Anthony of Padua Roman Catholic Church, New Orleans—Hyams, Glas & Carothers, New Orleans, La., offered at 100 and int. $130,000 1st and ref. mtge. 2M-2M-3% bonds. Dated March 1, 1941; to mature semi-annually Sept. 1, 1941, through March 1, 1953. These bonds, in the opinion of counsel, are the direct obliga¬ tions of the Congregation of St. Anthony of Padua Roman Catholic Church, New Orleans. Proceeds of this issue are to be used to refund, at a lower rate of interest, presently outstanding indebtedness of the Congregation. 130,000 Seattle College, Seattle, Wash.—Dempsey-Tegeler & Co St. Louis Mo., offered $130,000 1st and ref. mtge. real estate bonds. Dated April 15, 1951 principal payable semi-annuallv Oct. 15, 1941, through Ap.il 15, 1941, incl. These bonds are the direct obligation of Seattle College, a corporation of the State of Washington, under the jurisdiction and control of the Society of Jesus (Jesuit Fathers). The purpose of the loan is to refund outstanding indebtedness at a reduced interest rate. 126,000 Sisters of The Philadelphia, 1951-1951. Holy Family of Nazareth, Torresdale. Pa.—3%-3M% serial bonds due Oct. 15 Offered by O. H. Wibbing Purpose, refunding. & Co. 124,000 St. Aloysius College, New Orleans, La.—Hyams, Glas & Carothers, New Orleans, La., offered at 100 and int. $124 000 1st and ref. 2 M-3-3 H % imtge. serial bonds. Dated March 15 1941 to mature serially, March 15, 1942, through March 15' 1956. These bonds are the direct obligations of St. Aloysius College, New Orleans, incorporated in Louisiana. The pro¬ ceeds from this issue are to be used to .refund, at a lower rate outstanding mortgage issue in the amount of $118,000, and for other corporate purposes. of interest, an 117,500 St. Joseph's Home, Springfield, 111.—Dempsey-Tegeler & Co., St. Louis, offered $117,500 1st and ref. mtge. serial bonds. Dated April 1, 1941: principal payable April, 1942 through 1951. These bonds are the obligation of St. Joseph's Home, Springfield, an Illinois corporation, and are secured by a first mortgage on property valued at $259,000. The purpose of the loan is to refund present outstanding indebted¬ ness into 15 MONTHLY REVIEW JUNE, 1941] a lower rate of interest. 110,000 Carmelite Sisters of the Divine Heart of Jesus of Missouri —Dempsey-Tegler & Co., St. Louis, Mo., offered $110 000 1st and ref. mtge. serial bonds. Dated Feb. 15, i951: prin¬ cipal payable annually, May 15, 1942 through 1951. Interest payable semi-annually, May 15 and Nov. 15, at office. These ■ bonds are the direct obligation of the Carmelite Sisters of the Divine Heart of Jesus of Missouri, $ corporation duly incorporated under the laws of the State of Missouri, with its principal office domiciled at St. Charles, Mo. The purpose balance of bonds outstanding and to care for a portion of the cost of the new of the loan is to provide funds to prepay addition. 100,000 Vinco Corp.—An issue of 20,000 shares of common stock ($1 par) was recently offered at $5 a share by A. M. Kidder & Co., New York. $100,000 Sisters of the Order of Saint Francis of Maribor Na Dravi, Lemont, 111.—Dempsey-Tegeler & Co., St. Louis, Mo., offered $100,000 1st mtge. serial bonds. Dated Jan. 1, 1941; principal payable annually Jan. 1, 1943 through 1953. The bonds are the direct obligation of Sisters of the Order of St. Francis of Maribor Na Dravi, a corporation duly incor¬ porated in Illinois, and are further secured by a first mortgage deed of trust on property located at Lemont, 111., and valued at $204,000. The purpose of the loan is to provide a portion of funds necessary to complete the new building. MUNICIPAL FINANCING $51,197,000 Detroit, Mich., awarded to a non-callable series G bonds National refunding syndicate headed jointly by the Chase Northern Trust Co. of Chicago, on a bid of par for $9,640,000 3Ms, due 1943-1953, incl., $22,560,000 2Ms. due 1953-1958, $13,000,000 2Ms, due 1959-1961, and $5,957,000 2Ms, due 1962 and 1963. Suc¬ cessful bid figured a net interest cost of about 2.639%. The bonds were reoffered at prices to yield from 0.60% to 2.65%, according to coupon rate and date of maturity. 4,594,000 Sarasota County, Fla., 4% refunding bonds sold to R. E. Crummer & Co. of Orlando at a price of 97.522, a basis of about 4.25%. Due serially from 1941 to 1965, incl. Optional Bank of New York and the on and after Oct. 1, 1950. 4,000,000 Dade County, Fla., 4M% causeway revenue bonds publicly offered by F. L. Dabney & Co. of Boston and Leedy, Wheeler & Co. of Orlando, jointly, at a price of 105 and accrued in¬ terest. Due March 1, 1971. 3,000,000 Westchester Cross County Parkway Authority, N. Y., revenue bonds sold to an account headed by Blyth & Co., Inc., of New York, at a net interest cost of about 1.65%. Bankers reoffered the issue from a yield of 0.30% to a price of 97.50, according to coupon rate and date of maturity. The issue consisted of $1,800,000 1M% callable obligations, due June 1, 1953, and $1,200,000 serials, divided as follows: $500,000 3Ms, due 1942-1946, incl., $100,000 2Ms, due in 1947, and $600,000 lMs, due from 1948 to 1953, incl. 2,500,000 Buffalo, N. Y., refunding bonds awarded to Smith, Barney & Co. of New York and associates at a price of 100.089, a basis of about 1.69%. Due serially from 1942 to yield from 0.25% to 1.75%. 1951, incl., and reoffered to 2,377,400 Daytona Beach, Fla., 3%, 3M % and 3%% refunding bonds sold to Clyde C. Pierce Corp. of Jacksonville at a price of 101.25, a net interest cost of about 3.43%. Due serially from 1941 to 1960, incl. 2,316,000 Lyndhurst Township, N. J., 3% refunding bonds sold to a syndicate headed by Paine. Webber & Co. of New York at a price of 3.48%, a basis of about 96.42%. Due serially from 1942 to 1958, incl., and reoffered to yield from 1% to 3.30%, according to maturity. 1,750,000 Pittsburgh, Pa., improvement bonds taken by an account managed by Glore, Forgan 8c Co. of New York, as lMs, at a price of 100.345, a basis of about 1.46%. Due annually from 1942 to 1961, incl., and reoffered from a yield of 0.20% to a price of 99. 1 1,700,000 Dauphin County, Pa., new capital bonds sold to Stranahan. Harris & Co., Inc., of Toledo, and associates, as lMs, at a price of 101.819, a basis of about 1.11%. Due serially from 1944 to 1966, incl., and reoffered to yield from 0.50% to 1.15%, according to maturity. 1,450,000 Sussex County, Del., refunding bonds awarded to Halsey, Stuart & Co., Inc., N.Y., as 1 Ms; net int. cost of about 1.34%. Due serially from 1943 to 1969, incl., and callable beginning May 15, 1946. Reoffered to yield from 0.40% to 1.45%, according to maturity. 1,220,000 Agricultural and Mechanical College of Texas, 3M% building revenue bonds, sold to Moroney & Houston, and associates, at a price of 100.70. Due from 1943 to 1971, incl. Texas, Co. of serially 1,025,000 Ross Township Authority, Pa., 3M% and 3M% water revenue bonds purchased by Moore, Leonard & Lynch of of Pittsburgh, and associates. Of the bonds, $525,000 3 Ms mature serially from 1951 to 1976, incl., and $500,000 3Ms are due April 1, 1976. 111., water works system revenue certificates of 1959 and $600,000 in I960, Co., Inc., New York, and Mullaney, Ross & Co. of Chicago, jointly, as 2s, at a price of 100.31, a basis of about 1.975%. 1,000,000 Chicago, indebtedness, due $400,000 in awarded to Halsey, Stuart & 1,000,000 New Mexico (State of) 2%% highway debentures purchased by the State Treasurer. Due serially from to 1956, incl. were 1954 Suburban Sanitary District, Md., series VV water and sewer bonds sold to an account headed by R. S. Dickson & Co. of Charlotte as 2.20s, at a price of 100.269, a basis of about 2.18%. Due yearly from 1942 to 1981, incl., and reoffered at prices to yield from 0.30% to 2.30%, accord¬ 1,000,000 Washington ing to maturity. DIVIDEND CHANGES IN MAY largely of a favorable divided into two sections, Dividend declarations in May were The nature. following list, namely, "Favorable Changes" and "Unfavorable gives the more important of the changes: FAVORABLE Chicle American Changes," CHANGES Co.—Extra dividend of $1 a share in addition dividend of $1 a share on the common stock, regular quarterly payaDle June 16. to a both Co.—Special dividend of $5 a share, payable July 1 on stock. A regular quarterly dividend of $1.50 a share was American Express the common paid April 1, last. on American General Corp.—Special dividend of 15c. a share on the common stock, payable June 30. amounted to 50c. a share. The last previous distribution made in 1936 Machinery Co.—Extra dividend of 80c. a share and a regular quarterly dividend of 20c. a share on the common stock. Both disbursements became payable on June 2. American Laundry Archer-Daniels-Midland Co.—Dividend of 50c. a share, payable June 2, on the common stock. Dividends of 35c. a share were paid in preceding quarters. Automotive Gear Works, Inc.—A distribution of 25c. a share was made stock. This was tne first payment made in some June 1 on the common time. Belden Mfg. Co.—Dividend of 35c. a share, payable June 2 on the $10 stock. A distribution of 25c. a share was made on March 1, par, common last. Boss Mfg. stock. Co.—Dividend of $3 a share was paid May 26, on the common with $2 paid on Feb. 23, last. This compared Burlington Mills—Dividend on the common stock increased a share to 35c. a share, and became payable on June 1. frem 25c. Cluett, Peabody & Co., Inc.—Interim dividend of 75c. a share on the common stock, payable June 25. An interim dividend of 50c. was paid on March 25, last. Colonial Ice Co.—Dividend of $1.50 a share was paid May 26, on the common stock. A dividend of $1 a share was distributed on Nov. 20, last . Commonwealth Distribution, Inc.—Dividend of one share of National Gas & Electric Co. common stock for each five shares of capital stock of Commonwealths Distribution, Inc., held. The dividend became payable .' share, payable June 14 on the paid on March 15, last. Chemical Corp.—Dividend of 60c. a share, payable June 20, common stock. The last previous distribution was of similar on June 1. Cutler-Hammer, Inc.—Dividend of 40c. a common stock. This compares with 35c. Davison on the amount and was made in June, 1937. ., _ „ . MONTHLY REVIEW 16 Diamond Iron Work®—Dividend of 25c. a share was paid June 2, on the common stock. This was the first dividend paid on this issue in some time. Dunlop Rubber Co., Ltd.—Extra dividend of 2% in addition to a final dividend of 8% on the common stock, both are payable on May 21. El Paso Natural Gas (Del.)——Dividend of 60c. a share, payable Previously regular quarterly dividends Co. June 30, on the common stock. of 50c. a share were distributed. of 25c. General Motors Corp.—Dividend of $1 a share, payable $10 par, common stock. This compares with 75c. a March 12, last. stock. and a a dividend was paid a share on June 12, on the share paid on share, payable July 1 on the common Dec. 28, last and 30c. on Oct. 1 This compares with 40c. paid on a share, payable June 16 on the stock. This compares with quarterly dividends of 10c. a share distributed previously. New York City Omnibus Corp.—Dividend of 50c. a share on the common stock, payable June 26. Previously regular quarterly dividend of 75c. common a share were distributed. Omnibus Corp.—Dividend of 10c, a share on the common stock, payable June 30. Dividend of 20c. was paid on March 31, last, and previously regular quarterly dividends of 30c. Honolulu Plantation Co.—Dividend of 15c. a share was paid May 31 on the common stock. The last previous distrityition amounted to 10c. a share and was made on Aug. 10,1938. share, payable June 14 on the com¬ with 30c. paid on Dec. 16, last and 20c. on Intertype Corp.—rDividend of 40c. This compares a July 15, 1940. Jaeger Machine Co.—Dividend of 50c. share, payable June 10, a the last. Kennecott Copper Corp.—Special dividend of dividend of 25c. 50c. share and a regular stock, both payable a share on, the no par common a June 30. Lake Shore Ltd.—-Interim dividend of 35c. a share, payable Dividend of 50c. was paid on March 15, a share were distributed during the year Mines, June 16, on the common stock. last, and dividends totaling $2 1946. Louisiana Ice & Electric Co., Inc.—Extra dividend of 25c. a share in addition to the regular semi-annual dividend of 50c. a share were both paid May 15, on the common stock. Metal & Thermit Corp.—Dividend of 50c. a share, payable June 10 on the common stock. A distribution of 30c. was made on March 10, last, and represented the first payment on the larger amount of shares now out¬ standing. Middle West Corp.—A dividend of 20c. a share was declared payable June 16 on the capital stock. An initial dividend of 25c. was paid on Dec. 2, last. Midvale Co.—Dividend of $2 a share on the common stock, payable July 1. This compares with $1.50 a share paid on April 1, last. Mueller Bros. Co.—-Dividend of 75c. a share the on common stock, payable June 16. Dividends of 50c. were paid on Nov. 22 and on June 28,1940. National Standard Co.—Extra dividend of 50c. a share and a regular quarterly dividend of 50c. a share on the common fctock, both payable Newmarket Mfg. Co.—Dividend of 75c. a share was paid May 15 on the no par common stock. This compared with 50c. a share paid in the three preceding quarters. Niles-Bement-Pond June 14, on the March 15, last. Co.—Dividend common of $1 a share was declared payable A distribution of 75c. was paid on stock. Ohio Power Co.—Initial quarterly dividend of $1.12 June 2, on the 4 H% preferred stock. Ohio Water Service Co.—Dividend of $1.50 stock of no a share on One dollar value, payable June 30. par a share was the class A share a paid common was paid in each of the three preceding quarters. Paauhau Sugar Plantation Co., Ltd.—Dividend of 15c. a share was paid June 5 on the common stock. The last previous distrioution made on March 5, 1938 amounted to 10c. a share. Pennsylvania-Dixie Cement Corp.—Dividend of $1.50 of accumulations on the 7% tribution of $1 was paid on a share on account preferred stock, payable June 5. Dec. 20, 1940. Pennsylvania Salt Mfg. Co.—Dividend of $2.25 stock, $50 par, payable June 13. a share was made on this issue. a A dis¬ 11 share on the common a distribution of $2 On Dec. 14, last, Petroleum Corp. of America—Dividend of 20c. a share was declared on the common stock, payable June 28. Stock dividend of one share of common stock of Consolidated Oil Corp. for each five shares of Petroleum Corp. common stock held was paid on May 16, last. Pilgrim Mills—A dividend stock. mon of $1 a share paid May 16, last, on the comdividend paid since December, was This represented the first 1939. Pittsburgh & Lake Erie RR.—Dividend on the $50 par, last, and $2 on capital stock. This June 15, 1940. Quissett Mill—Dividend of $l' a of $2.50 a share, payable June 16, with $3.50 paid compares share was paid on Dec. 16, May 15, last on the com¬ mon stock, representing the first distribution to be made on the issue since Feb. 15, 1937, when a like amount was paid. Rayonier, Inc.—Dividend of 25c. a share was paid June 2, on the com¬ mon stock. This was the first dividend paid since Jan. 1, 1938, wnen an initial distrioution of 50c. was made. Scott Paper Co.—Dividend of 45c. June 14. a share on the common stock, payable Previously regular quarterly dividends of 40c. a share were distributed. Simonds Saw & Steel Co.—Dividend of 70c. the no par common stock. share, payable June 14, on This compares with 40c. a share paid on a Marcn 15, last. (A. E.) Staley Mfg. Co.—Dividend of 50c. mon were distributed. a stock, payable June 20. COURSE OF THE STOCK MARKET DURING MAY The stock market, having discounted in April the German conquests of Yugoslavia and Greece, languished throughout most of May at the low level reached on that decline. Hardened on This distribution compares with 37He. paid on March 10, capital stock. share a share was paid on May 31, the common stock. Previously, regular quarterly dividends of 40c. share were distributed. on March 15, last. stock. a Pill&ury Flour Mills Co.—Dividend of 25c. July 1, 1940. Hecla Mining Co.—Dividend of 25c. a share payable June 20 on the par 25c.* common stock. This compares with 20c. a share distributed on mon the common stock at this time. Dividend of 25c. a share March 28, last, and previously regular quarterly dividends of on on of 50c. a share were distributed. Maryland Fund, Inc.—Dividend of 7c. General Finance Corp.—Intitial semi-annual dividend the class B preferred stock was paid on May 26, last. Glidden Co.—Dividend of 50c. Bridgeport Gas Light Co.—Dividend on the common stock decreased from 50c. a share to 40c. a share, payable June 30. Fifth Avenue Coach Co.—No action taken with regard to the payment of a share on the $i0 pa/, com¬ This compares with 30c. a share paid on Dec. 20, last, and 40c. on June 3o, 1940 and Dec. 20,1939. Standard Oil Co. of New Jersey—Extra ana regular semi-annual dividends amounting to 50c. each a share were declared on the $25 par, capital stock, payable June 16, next. Transue &. Williams Steel Forging Co.—Dividend of 30c. a share, pay¬ able June 14, on the common stock. A distribution of 15c. a share was paid on Feb. 30, Oct. 10, and on March 14,1940. by now to reverses to British forces in the Mediter¬ the stock market was only slightly affected by the German invasion by air in the third week of May of Crete, ranean, Government repaired in April after the occupied the major part of Greece. The stock market was able in May to resist successfully such liquidation as fell upon it, but once again buyers held aloof. In May the stock market plumbed new depths of dullness. It is now a familiar story that the stock market is more destitute of customers than it has been for nearly a genera¬ tion. A new chapter was written in this story of market inactivity in May, for turnover was the smallest for any corresponding month since 1914, just prior to the outbreak of the World War. Trading in stocks on the New York Stock Exchange in May aggregated 9,667,050 shares as against 11,185,760 shares in April and 38,964,712 shares in May, 1940, when the invasion of the Low Countries led to fairly heavy offerings and a sharp recession in prices. Stock trading in the first five months of the year amounted to 53,258,989 shares, the smallest volume for a corresponding period since 1915. Stock prices, as measured by the average of 50 stocks compiled by the New York "Times,'Vadvanced 1)4 points in the first 10 days of May and then worked slightly lower in the rest of the month, leaving the average at 84.38, up 0.63-point for the month as a whole. The industrial group in the average closed higher for the month, but this rise was counterbalanced in part by a fractional setback in the rail shares. After leading the advance in the forepart of May, the rails lost much of their buoyancy after the railroad brotherhoods demanded a 30% wage increase. Among the industrial shares considerable irregularity prevailed, with the utilities, motors and foods showing a moderate degree of weakness and the coppers, railroad equipments and store stocks registering strength. Industrial activity recovered in May the ground it lost in April because of the numerous strikes, including especially, those experienced in the soft coal industry and the motor industry. But the enthusiasm of investors for stocks, as in other months in the recent past, was dampened by the tax prospect. The Treasury brought forth proposals for in¬ creasing the excess profits tax levies above the levels it recommended in April. Steel production, which began the month at 94.3% of capacity, was estimated at 98.6% as the month closed, but this slight setback from the month's peak of 99.9% of capacity was to be explained on the ground of the Memorial Day holiday. Car loadings recovered sharply on the resumption of the movement of soft coal and shortages of rolling stock appeared to be soon in prospect. The events which were of the greatest significance to the stock market and investors were the declaration by President Roosevelt on May 27 of an unlimited emergency, the em¬ phatic extension of the rise in commodity prices and the appointment by President Roosevelt on May 31 of Secretary where the German Ickes Greek army as Petroleum Coordinator for National Defense. The decision of the Board of Governors of the New York , Union Trmsteed Funds, Inc.—Initial dividend of 46c. a share on the Union bond fund A shares, was paid May 15, last. United Elastic Co.—Dividend of 20c. a share, payable June 24 on the common stock. A regular quarterly dividend of 15c. a share was paid on March 24, last. United States Graphite Co.—Dividend of 35c. a share, payable June 14 on the $5 par, common shares. A distribution amounting to 25c. a share was made March 15, last, on this isssue. Venezuela on Syndicate—An initial dividend of 5c. a share was paid May 14, the common stock. Vick Chemical Co.—Usual quarterly dividend of 50c. a share and the usua1 extra of 10c., plus a special fiscal year-end dividend of 60c., or a total of $1.20 a share on the cpital stock, payable June 2. Victor Monaghan Co.—A dividend of 75c. a share was paid June 1, on the stock. A March 1, last. common on regular quarterly dividend of 50c. a share was paid Wailuku Sugar Co.—Dividend of 30c. a share was declared on the com¬ mon stock, payable June 5. Waldorf System, Inc.—Dividend of 25c. a share on the common stock, payable Julyl. This compares with 20c. paid on April 1, last. Wayne Screw Products—Dividend of 20c. a share, was paid May 28, last, on the common stock and compares with 12V»c. a share distributed on Sept. 28, 1937. Youngstown Steel Door Co.—Dividend of 50c. a share, payable June 16. This compares with 25c. paid on March 15, last, and 50c. a snare on Dec. 16, and Sept. 16,1940. . UNFAVORABLE CHANGES| Beneficial Loan Society (Del.)—Dividend of 10c. a share on the common stock, payable June 2. Previously regular quarterly dividends of 12He. a share were distributed Stock Emil Exchange to offer the presidency of the Exchange to Schram, Chairman of the Reconstruction Finance Corporation session of was the made week on May 6. coincided As it happened, the best with the selection of Mr. connection between the events. Heavy speculation developed at the same time in agri¬ cultural commodities, and the buying of wheat, corn and other grains affected the stock market sympathetically. The accumulating signs toward the end of the month that the United States was nearing an open belligerent status were received calmly by the market, possibly indicating that it is just such an eventuality that the market, in its decline over the last year, b&s been discounting. Commodity prices in their brisk advance have reflected in part the mark-up in ocean freight rates and the withdrawal of tonnage from old established routes. But in considerable part in May the firmness reflected the enactment into law on May 26 of the Bankhead-Fulmer bill, authorizing Govern¬ ment loans on five basic farm crops at 85% of the parity price by Commodity Credit Corporation. As regards nonagricultural materials, the Office of Production Management has adopted a new device known as inventory control and placed 16 metals under the system at the beginning of May. But agricultural products, as in times entirely free of inter¬ national emergency, have been stimulated in price rather than otherwise by governmental action. Schram, but there was no stocks, Allied Chemical Dye opened May 1 at 146, dipped to 145% on the same day and then moved up to 152% on May 22; it closed May 31 at 145%, the month's low level. American Telephone & Telegraph opened at 150 on May 1, moved down fractionally to 148% on the same day, then rose to 151 on May 21 and closed May 31, slightly lower at 150%. Consolidated Edison Co. of N. Y. opened at 19% May 1, touching its high point ay 19% on the same day; its low point of the month was reached on May 31 at 17%, closing the same day a trifle improved at 17%. General Electric opened at 28% on May 1, advanced to 29% on May 13, thee reacted to 28% on May 29 and ended the month slightly higher at 28% on May 31. United States Steel opened May 1 at 50%, the month's low; it advanced to 55%. on May 13, and then fell back to 53 at the close on May 31. Steel preferred sold at 119 on May 1, then advanced to 119% on May 7, and closed on May 31 at 116, the month's low level. Westinghouse Elec. & Mfg. opened May 1 at 87%, moved forward to 90% on May 21, and then receded to 86 on May 31, closing the month unchanged. In the railroad list, Atchison Topeka & Santa Fe opened May 1 at 26%, rose to 30% on May 7; it subsequently declined to 26% on May 22 and closed May 31 at 26%, its opening sale of the month. Baltimore & Ohio touched its low point of the month May 1 at 3% and its high point May 10 at 4%; it dipped to 3%, the closing sale of the month on May 29; the closing sale, however, was higher than the initial sale of the month. Delaware & Hudson touched its low point May 24 at 9% after opening the month on May 1 at 10%; the peak of the month was reached on May 8 at 11% and it closed May 29 at 9%, the VOLUME OF BUSINESS As to the fluctuations in individual & month's final sale. New York Central reached its top figure May 9 at 13%, its low point of the month May 1 at 11%, down from its opening sale on that day at 11%; it closed the month on May 31, slightly better at 12. Southern Pacific opened May 1 at 10%, advanced to 12% on May 6, its high point of the month; it reached its low of the month at 10% on May 15, and closed above its opening level on Northern Pacific after opening at 6% May 31, at 11%. May 1, improved to 7% on May 8, then reacted to 6% on May 31, closing at that figure. Union Pacific touched its high point of the month May 13, at 82% and its low point at 77% on May 31; modest recovery marked its close on the same day, when it sold at 78%. In the bond market, as in stocks, inactivity was the Transactions trait. dominant amounted to $169,272,000 value as against $209,471,000 in April and $176,105,000 May, 1940. The highest grade municipals and corporate issues were steady to firm, taking their cue from the strength of United States Treasury issues. The more speculative issues, however, were given mildly to weakness, with the firmness of second-grade rail bonds giving way to irregularity par in after the demands of the railroad brotherhoods were made The foreign bond average rose 2.39 points, thereby nearly wiping out the 2.61 loss suffered in April when the war spread to Yugoslovia and Greece. In the following table we indicate the range for the cur¬ rent month of 10 each of the more active foreign, railroad known. and industrial 17 MONTHLY KEVIEW June, 1941] bonds: ' ' May 1 Bonds May 31 Range During May, 1941 Closing Opening Lowest Price Price Highest Month of May OF THE Stock sales—No. of shares Bond sales (par value)— EXCHANGE 2,802,525 $ $ $ S 1938 1939 2,129,537 7,179,035 1,721,735 Domestic CURB 1940 1941 20,495,000 37,357,000 34,040,000 32,310,000 240,000 169,000 306,000 576,000 1 Foreign Government • 173,000 586,000 337,000 328,000 20,908,000 38,112,000 34,683,000 33,214,000 Foreign corporate Total bond sales Jan. 1 to May 31— Stock sales—No. of shares ' ' $ $ 17,229,426 17,287,426 23,938,035 10,300,762 Bond sales (par value)— Domestic $ 5 ■ corporate 1,026,000 3,194,000 2,693,000 134,212,000 3,112,000 2,719,000 Total bond sales 116,161,000 160,067,000 199,516,000 140,043,000 114,039,000 916,000 Foreign Government Foreign 155,869,000 1,004,000 194,695,000 2,128,000 THE MONEY MARKET IN MAY A decrease several years, in gold importations to the lowest point in halt in the decline of excess the Treas¬ temporary a member bank reserves, and a striking success for ury's financing operations undertaken in May were the out¬ standing features of the money market during the period under review. member bank In the first two weeks of the receded another reserves ing the following week an increase of $170,000,000 was re¬ with the result that the excess reserve position the entire month gained $50,000,000. It is antici¬ corded, during pated, however, that payments issue will ury month excess $80,000,000, but dur¬ cause account of the new Treas¬ on another large drop in excess reserves Another interesting devel¬ during the first week of June. opment was the further rise of $165,000,000 in commercial borrowings, and the increase of $370,000,000 in total loans and investments of the weekly reporting member banks, to figure of $27,915,000,000 MaY"28~GoWfhmenir financing" consisted of an offering on May 22 of $600,000,000 record the 2%% 15-17-year bonds which subscribed, resulting in almost 14 times over¬ allotments to 8% and were cutting quickly carrying the price of the new issue to a premium of about 3%. Simultaneously, the Treasury offered to hold¬ $834,000,000 3%% of ers bonds due Aug. 1, 1041, ex¬ an change for the new 2%% bonds or for %% notes maturing March 15, 1943, with most of the holders accepting the ex¬ In addition, the Treasury change for the new bond issue. the usual weekly $100,000,000 bill issues, to reim¬ placed burse similar weeks ended maturities. 21, May as Gold imports during the four of of which sum $19,$4,200,000 from Australia, reported by the Department Commerce, were limited to $38,500,000, came from Canada, $3,500,000 from South Africa, $2,800,000 from Colombia, and $2,600,000 from the Philippines. Including the acqui¬ sition of newly-mined and scrap gold, the gold stock of the country during May increased about $70,000,000, the small¬ est gain shown in, almost three years. Discount holdings of the 12 Reserve banks increased from $1,918,999 April 30 to $4,155,000 May 28, and industrial advances from 300,000 $7,549,000 April 30 to $8,163,000 May 28. Total member bank reserves, after receding from $13,523,857,000 April 30 to $13,439,698,000 May 7, subsequently rose to $13,748,879,000 May 28. Money rates in general showed few changes during the month, although the stiffening in the prices of Govern¬ ment securities, notably subsequent to the success of the new offering, resulted in appreciable declines in yields for part of the gilt-edged list. Average rates on 91-day Treas¬ bills dropped from 0.097% April 30 to 0.069% May 31, while average yields on short-term notes declined from 0.49% to 0.41%, and those on long-term bonds remained at ury Foreign Governments— Argentine 4s.. Brazil 6^s ot 1926 Buenos Aires 60 H ...Feb. 1972 1957 16 X 61 59X May 16 X May 101M 55% May 2 17X May 24 4634 May 14 45% May 1977 Canada gold 5s ,.--1952 Cuba 4^s..'._ 1977 German (Govt) 5Xb sptd—1965 4%-4Hb 102 100 X May 63" 59% May May 14 6254 May 29 11 May 21 2234 May 6 6334 May 2 -..I960 6X Uruguay 3M-4-4^s extl readj *79 41% 6% May 40)^ May 7 May 41J4 May Italian Public Utility 7s 9% 20 1952 Japanese Govt 6%s Peru 6s. I 55X May 8 May 1954 May 5934 17 the 10134 6234 2% level. On the New York Stock Exchange the rate unchanged at 1%. for call money was 1034 CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE 6234 Low 2 High Low Renewal High 1 May 17. Saturday 18. Sunday 19. 1 20. 1 May 108 X Renewal 1 1 108X May 2— 1 26% May 3... Saturday May 4... Sunday May 24 May May 5... 1 May 21. 1 May 6— 1 May 22. May 7— 1 May 23. 1 May 8— 1 May 24. Saturday 1 May 25. Sunday Railroads— 108^ May — May Missouri Pacific 5s series F--1977 24 7 10934 May 6 29J4 May 10 77 X May 14 22J* May 16 2534 May 6 25 21% May 29 May 6 New York Central 4%s 2013 59 57 X May 26 N Y Chic & St Louis 4 3^s--.1978 63 6234 May 10 65 May 6 Northern Pacific 6s series B.2047 69 61% May 15 66 May 26 21X 58% 62% 70 6 67 May 9— 51X May 15 May 26 5534 May 7 6534 May 12 52X May lO- Saturday May 26. 1 62 May ll— Sunday May 12... May 27. 28. 1 May 1 May 13... 1 May 14... 1 May May 29. 30. Holiday May 15— 1 May 31. Saturday May 16— 1 Atcn Top A S Fe gen 4s Bait A Ohio con 4%s 1995 23 % 1967 Erie 5s series 1927 Southern Pacific 4%s 1969 52 X Southern Ry 4s. 1956 63X 26 May 26 75 28 1960 Boston A Maine 5s ser A C--1967 May 23 61 May Industrial— 56 Allegheny Corp 5s stpd.— __1950 47 May ---1952 105X 105^ May Commonwealth Edison 3J4S.1958 Internat Tel & Tel 5s 1955 112% 111 Montana Power 33/£s -.1966 105 X Portland Gen Electric 4M8--1960 81X 43 May 105}^ May 8034 May Bethlehem Steel 3%s Republic Steel 4J^s B Shell Union Oil 2^s Third Ave Ry adj 5s 43 May 1961 103 % 10334 May 1954 97 X 1960 17 X 9654 May 1454 May 102 Youngstown Sheet & Tube 4s 1948 May 56 1 10634 May 27 114 May 6 47 49 May 10634 May 8234 May 10434 May 9734 May 1834 May 10234 May 9 27 46X 6 8134 May - Ww _ 14 7 12 12 9734 1534 1941 Month of May Stock sales—No. of shares 9.667,050 $ Bond sales (par value)— Railroad and mlscell— Foreign Government 38,964,712 $ 1939 12,935,210 $ 1938 14,004,244 $ 98,423,000 17,291,000 948,000 7,390,000 96,654,000 17,658,000 6,844,000 169,272,000 176,105,000 123,104,000 131,156,000 63,258,989 111,392,190 96,800,295 92,797,143 Jan. 1 to May 31— Stock sales—No. of shares $ Bond sales (par value)— Railroad and mlscell— Foreign Government-U. S. Government Total bond sales $ $ $ 869,791,000 69,175,000 8,793,000 615,399,000 559,940,000 104,379,000 110,895,000 21,983,000 39,190,000 68,168.000 947,759,000 741,761,000 710,026.000 723,806,000 500,179,000 105,459,000 1 in bankers' acceptances continued inactive, as supplies remained far short of the existing de¬ Outstanding acceptances, according to the monthly Trading mand. serve 144,924,000 22,931,000 8,250,000 153,831,000 14,493,000 U. S. Government Total bond sales 1940 1 available survey VOLUME OF BUSINESS ON THE STOCK EXCHANGE 1 of the Acceptance Analysis Unit of the Federal Re¬ of New York, issued May 12, totaled $219,- Bank 561,000 April 30, against $217,312,000 March 31 and $223,305,000 April 30, 1940. Import bills increased from $120,229,000 March 31 to $125,680,000 April 30, and export bills from $23,993,000 to $25,087,000, while domestic shipments declined from $10,191,000 to $9,767,000, domestic warehouse credits from $30,486,000 to $28,651,000, and bills based on goods stored in or shipped between foreign countries from $24,733,000 to $23,263,000.- Bills held by accepting banks $170,305,000, of which sum $104,757,000 were own bills and $65,548,000 were bills of others. Rates for bankers' acceptances continued to be quoted at %% bid and 7/16% asked for 30-day, 60-day and 90-day bills, at 9/16% bid and %% asked for 120-day bills, and at %% bid and 9/16% asked for bills running 150 and 180 days. aggregated MONTHLY REVIEW 18 ACCEPTANCES PRIME BANKERS' payrolls increasing With as industrial production climbs, for currency has expanded over the last year in exceptional for its continuousness. In the four the demand Call Loans 120 Days 90 Days 60 Days 150 Days 180 Days 30 Days Secured by Accept 'ces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask May 1— 2-.-- . . . Aa7n Aa7 is Saturday A a7 it Xa7 is Aa7 it . 3 htaA 9itaX Aa9 ie Aa9it Aa» n Aaht ----- 7— ----- 8—. ----- 9 ————— Aa716 Aa7it Aa7 is Aa71# Aa71« 9itaX Aa9it 9i taA Aaht Aa9it 9 Aa9 it Aa91# Aaht 9i taA Aaht Aaht Aa9it ^a7i« Aa7 le Aa716 h taA Aa'n Aa9u ht aA Aa7 is Aa716 Saturday »i taA Aa9 ie Aa9it Aa916 h taA Aa9n Aa9\t Aaht Aaht Aaht Aa7it Xa7it Xa7i t Xa7it Xa7it Ma7 is 5— 6_--- Act716 Act71« A<t716 Aa7it A 9ieaA ita Aa9 ie Saturday 10-— ■ 14— 15— Aa,7 is Aa71# Xa7it Ma716 Ma716 Xa7it Ma71# 13— ————. le¬ Aa7 is Aa7it Aa7u w¬ 9i taA Sunday is— 19— _ 20— Xa7 is 21— 22— Aa716 ----- 23 Aa7u Aa7n Aa7u Act716 Bi taA Aaht htaA Aa9n htaA Aa9it Aa71« Aa7i 6 A a7 n A a7a Aa7it Aa7it Aa718 Ha7» Act716 _ ----- htaA htaA Aaht 24— Aaht Aa9it Aa9it Aa9n Aa9 is Aa9n Saturday 25— Sunday 26— Aa716 Aa7 is Aa7 is fli taA Aa9it Aa716 Aa71« taA Aa9i6 28 Act71# Aa7i e Aa716 htaA Aa9lt Aa9\t Aaht A a9 ie 29— A°t7 it, Aa716 htaA Aaht Aaht Aa7it Aa7u Holiday Saturday 31 accounts for a certain amount of the enlarged demand for in the last year. The weekly reporting banks in show a $50,000,000 increase in till money, of which the reporting New York City banks were responsible cities 101 loan nominal rates of security collateral on remained at the 1 %% for 60-day and 90-day loans, and 1^% for loans running from 120 to 180 days. With trading in securities continuing at a negligible rate, little or no levels for demand existed, loans new and transactions remained the extension of deter accommodations. l estiTetecno another Actual 30 Days 4 Months 90 Days 60 Days all of reserves member banks increased 022,000 in the four weeks here under review to $225,- total of The growth in deposits of member banks $13,748,879,000. considerable, so a however, restricted that the increase in excess to $50,000,000, raising the surplus¬ age to the $5,820,000,000 level, compared with the record high of $6,940,000,000 on last Oct. 23. The expansion in required reserves in the month was $175,000,000. The sources was reserves which member banks gained the additional $225,- 022,000 of actual reserves were these: Treasury deposits in the Federal Reserve banks decreased $403,762,000 to a total of $461,674,000; the gold stock increased $68,000,000 to a record high at $22,573,000,000; Treasury currency in¬ new creased $^11,000,OOOrRiidTreasttry-c^h^decliired^OS^OO^Klor" credit, the $223,0p0,000 rise in currency circulation, and the $94,000,000 gain in non-member balances and other Federal Mixed Collateral on demand has come from payroll and greater part of the retail trade needs. Offsetting in part these contributions to the supply of bank reserves were the $3,000,000 reduction in Federal Reserve DAILY RECORD OF TIME LOAN RATES Rates Hoarding demand has accounted for still portion of the rise in currency. But by far the $10,000,000. for from Time An increase in the vault cash of member banks since. ever was 27— 30—. $9,294,000,000. Over the last year the amount of cur¬ in use increased $1,609,000,000. Since the post-holi¬ day decline in currency came to an end in January, the volume in use has risen, with only one weekly interruption, of currency Sunday 11— 12— April 30 to May 28 the volume of currency out¬ standing increased $223,000,000 to a new record high total weeks from rency Sunday 4—. manner a 5 Months 6 Months Reserve accounts. relatively small increase of $68,000,000 in the gold stock compared with a rise of $121,000,000 in the gold cer¬ tificates deposited by the Treasury with the Federal Re¬ The IX IX IX 3 4 5 6 7 8 9 IX IX May May May May IX IX IX IX 1A IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX 1 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 1A 1A IX 1A IX IX IX May May IX Satur day Sun day IX IX - 10— 11— 12— 13... 14— 15— 16 17— 18 19 20— 21— 22— 23— 24 25 26 27— 28 29 30 31 IX IX IX IX IX Satur day Sun day IX IX IX IX IX IX IX IX IX IX Satur day Sun day IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX Federal IX IX IX IX IX IX IX 1X IX IX , IX IX IX IX IX IX IX IX Holi day Satur day Commercial paper continued in slightly larger supply, but at demand. three to W/c, and those while less known quoted at %. Bank on four to six months' paper at names on the maturities same %%, again were Under date of May 15 the Federal Reserve announced that reports received from New of Prevailing rates for average grade commercial paper remained four months' York commercial paper dealers showed a total of $274,600,000 of outstanding on April 30, as compared to $263,300,000 at the end of March and $238,600,000 on April 30, 1940. open market paper RATES FOR MONEY AT NEW YORK May 17 May 24 May 31 Range for week (mixed & Indus, collateral) 1@1 1@1 1@1 1@1 Week's average (mixed & Indus, collateral) l l 1 1 IX IX IX IX IX IX IX IX IX IX IX IX 1*. IX Stock Exchange: Time loans (mixed & Indus, collateral): Thirty days.. Sixty days Ninety days Four months ... Five months r Six months Commercial IX IX ix IX IX IX IX . 1M IX IX paper: A@X A@X Good 4 to 6 months A@X A@X A@X A%% A@X A@X RETURNS OF THE FEDERAL RESERVE BANKS- BROKERS' LOANS IN NEW place in May of several of the recent trends in the banking position ; that is to say, mem¬ ber bank credit in use and demand deposits continued to expand appreciably, the gold stock and the volume of cur¬ rency in circulation were again higher. actual reserves and excess reserves 'The upward swing of member banks, interrupted in recent months by the abnormally large de¬ for currency and the accumulation of funds to the mand Treasury's account in the Federal Reserve banks was resumed. interest with commercial, of the current banking position is of 'greater than the performance of currency circulation. of the at industrial and agricultural loans dealers in securities—the so-called brokers' loans—increased May 28. a total of $427,000,000 in the four weeks to In the last week of the period $95,000,000 of the increase took place, owing chiefly to the heavier borrowings of dealers in Government securities, who were enlarging connection with the Treasury financing. The monthly report of member borrowing issued by the New York Stock Exchange showed a total of $453,356,763 loans outstanding on April 30. as of May 31, which compares with $382,745,630 COURSE OF STERLING EXCHANGE IN MAY The sterling exchange market in New York during May continued limited in extent, a characteristic of the market since early in 1940. The free pound "was also restricted as to volume of transactions, with levels of the official No aspect was $130,000,000 to a new high on the move at $5,639,000,000. Holdings of direct Government securities increased $162,000,000, with Treasury bills up $97,000,000, Treasury notes up $26,000,000, and Treasury bonds up $39,000,000; but Government-guaranteed issues were $82,000,000 lower and other securities decreased $43,000,000. Demand depositsadjusted increased $503,000,000 to a new high at $24,265,000,000. Reporting New York City banks' loans to brokers and their portfolios in YORK CITY A further extension took in securities portfolio unchanged $2,184,100,000, Treasury bonds unchanged at $1,363,800,000 and Treasury notes unchanged at $820,300,000. The proportion of the portfolio represented by Government-guaranteed obli¬ gations likewise was unchanged at $5,000,000. Loans and investments of the reporting New York City banks increased $242,000,000 to a new record high at $11,759,000,000, with loans up $204,000,000 and investments up $38,000,000. Commercial, agricultural and industrial loans rose $57,000,000 to a new high on the movement at $2,166,000,000, and the demand for loans from brokers and dealers in securities, as hereinafter noted, was large. On the invest¬ ment side, increases were shown of $66,000,000 in Treasury bills, $41,000,000 in Treasury notes, and $44,000,000 in Treasury bonds, while Government-guaranteed issues and other securities were $67,000,000 and $46,000,000 lower, re¬ spectively. Demand deposits—adjusted increased $345,000,000 to a new peak at $11,291,000,000. The weekly reporting banks in 101 cities, in the four weeks from April 23 to May 21, showed an increase of $252,000,000 in loans and investments to a new high at $27,798,000,000. Loans accounted for $215,000,000 of this in¬ $97,000,000 to Double and single names: Prime 4 to 6 months. Government banks up May 10 on The Reserve with crease, Week Ended— Call loans non-member deposits the bonds. of IX Sun day investment in IX available offerings were promptly taken up by the persistent prime Behind the $94,000,000 in¬ lay a fall of $11,084,000 in foreign deposits in the Federal Reserve banks and a rise of $107,200,000 in other deposits. The increase in other deposits is to be explained in part because of the policy of the Federal Reserve banks of placing in that account sums received in subscription to the new defense savings bonds, whose sale began on May 1, pending actual issuance crease IX IX IX IX IX the Treasury's demands for large that it was forced to fall back on its indicating that so free gold as a source of supply. IX IX IX IX IX IX were IX Satur day IX IX IX IX banks, serve cash rate and earlier months and since the (Continued ranges approximating the fluctuations narrow. As in adoption of the London official on page 55) New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING MAY 1941 May. ...... Jan. 1 to Stock Sales 1941 1940 .$169,272,000 947,769,000 $176,105,000 741,761,000 Bond Sales May 31 May. Jan. 1 to 1940 1941 .serahS 9,667,050 38,964,712 ..... May 31 63,258,989 111,392,190 NOTIOB—Cash and deterred delivery sales are disregarded la (Be month'. range unless (bey are (be only (raosacdnos of (be month, and when selling outside of the regular monthly range are ihowa in a footnote in tne cn>nta in wuicn taey occur. No account is taken of snob sales in computing the range for the year The tables on pages 19 to 40 furnish a complete record of the transactions on the New Tork Stock Exchange during May, 1941, and the range since Jan. 1. They need no extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The italio letters n the column headed "Interest Period" inciicate in ea£hj^^ Ifra^corcl&scS witft ffi in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective Jan. 2; 1909. Quotations after decimal point repre¬ sent one or more 32ds of a point. Sales in in May 1, 1941 Ask Bid $ RANGE SINCE JAN. Bid May 31 Ask Bid Lowest Ask Sale U S GOVERMENT BONDS Lowest Registered 120.5 120.9 119.3 119.16 119.9 13723 113.2 8 IIi:27 lii'ii £££721111.29 £i£7l9 i7~o66 Treasury ~6~666 Registered ...... Treasury 3 *8...............1946-1956 M Registered... ———— 15.19 115.24 113.16 113.20 113 Treasury 3 *8.. ............ .1943-1947 07.24 Sale | Sale Prices 65,000 Treasury 3*8....................1941 Registered.. ...............——— 02.18 Sale 101.29 102.1 100.12 78:666 Treasury 3*8...............1943-1945 08.5 Sale 107*" 107.4 167" 08.4 Treasury 8 *8...............1944-1946 09.6 Sale 108 108.4 108 May 5 £££726 May~22 Sale 33:600 May 28120.4 ioiue loe'io lOeYs 106:24 113.20 Sale 12.12 Sale 107.9 106.26 May 7.107.3 May 22 108.9 el07.29 May 6 108.7 May 22 iiI7i" 111:5 ££6720 no" .30(111.17 May 14.17 114.24 113.13 113.17 112.22 113 .1 12" U2.6" liojY 110.18 ££67§ 110 I§" Sale" 112:20 112:24 112:12 Jan. 21 113.3 May 29 115.7 Jan. 6 Apr. 25 107.25 Jan. 3 May 28 May 22 4 106.14 May 28 106.14 101.21 Mar. 25 102.19 106 26 May 108.6 Jan. 4 Apr. 108.4 Jan. 2 107.29 May Jan. Jan, 6 109.9 2 109.4 110.11 £16724 May 14 6 2 Feb. 14 112.12 Jan. 10 110.25 19 Jan. Feb. 24 110.25 Feb. 24 26:666 Jan. 3 Jan. 10 Registered.............——. 3,000 Registered.....................—... 135,000 Treasury 2*8.——..—...1955 1960 M 1,000 Registered—————— 29,000 Treasury 2*8... .....1945 1947 Registered .................... 109.21 Apr. 10 113.2 Jan. 111.28 May 11.9 Sale 17 Apr. 22 112.19 May 27 112.15 Apr. May ££67s ~ May 7 109:24 Feb. Apr. 112 ,25 111.27 May ££2:2*1 May 5 110.4 Feb. May 111.28 May 17 111.28 May 110.4 111.2 May 29 107.14 Feb. 111.13 110.16 May May 110.16 May 27 109.20 Jan. 110.16 May 27 108 .21 108.11 May 108.16 May 26 108 Feb. 109.24 Jan. 2 108.5 Treasury 3s..............—1951-1955 1946-1948 May 109.21 Registered.—............ ......... Mar. 108.15 Feb. 6 110.9 Jan. 3 110.28 111 .7 108714 108:12 -- 108.18 J112.19 £5 £667§o 110.29 Sale 10.14 Sale 09.22 Sale 1 114.9 £££721 2 16:27 m.r 21:666 Treasury 2*8...............1956-1959 55:666 Treasury 2*8.-—————1958-1963 Registered—————— — Treasury 2 *8..——.——...1960-1965 Registered...——.——.—..— Treasury 2*8———————1945 J Registered................ Registered—............... Ibij^e" May 6 107.27 Feb. £66721 3" i667io May 109:24 May 2 107.2 Feb. 18 109731" Jan. 2 Jan. if 109.7 Jan, 18 116:15 lib". 19 iio76 110 15 iooTfs May ££678~ May 2 107.1 Feb. 19 110.22 Jan. 2 110.28 110 May 8 110.12 May 14 £66731 Feb"." 15 £££74 ~ May 29 107:8 " Feb"." 19 ££179 " A~p"r~.~22 May 22 107.22 109.25 109:25 io7e D Registered.............—........ lVoT.io 110.16 110.20 110.8 lOA Sale" £16.80 09.6 109.12 07.26 Sale Sale ^108.2 108.6 lore" 1V0J2 £667ii Treasury 2*8—..................1948 imoo Treasury 2 *8...............1949-1953 Registered————. May 109.7 Treasury 2*8...............1951-1954 25 109.13 16722 Sale" li:666 166:24 109:66 £66:12 1*09 09731 Sale" Treasury 2 *8..—......—.1948-1951 Registered..—.............—..... "i:66o 3 16 111.28 Treasury 3 *8...............1949-1962 Treasury 3s......... 79:660 Jan. Apr. Jan. May 19 113.18 Feb. 17 113.6 109.4 May 28 106.14 May 28 May 20 el02.19 May 22 09.4 Treasury 3 *8.. ........——1946-1949 15:600 "17:666 Feb. 15 121.26 Mar. 14 119.18 111.19 107.1 101.23 Registered......———-------- 8:600 119.4 106.18 May 19 ££§73 ~ May"29 ££§77 ~ May~~2 106.14 Registered————————- Registered......................... ~ Sale Prices 112.6 4s.................1944-1954 Registered.................... "9:600 Highest Sale Prices Highest Pricfs 119.10 121.23 121.28 1947-1952 27,000 Treasury 4*8 2,000 1 Jan. 2. N. 7. STOCK EXCHANGE Value PRICES IN MAY Price BONDS May 10 9". 15 [107.14 107.18 no 110.27 111.9 110.1 May 20 108.9 108.3 May 22 108.3 108 £o§725 I"O9"6 107.16 11,000 Treasury 2 *s.............. .1960-1962 94,000 Treasury 2*8... ........ .—.1952-1954 5,000 Treasury 2*8....—.........1961-1953 oSA 05:3010e". 3 105.24 Sale 25,000 Treasury 2 *8...............1954-1956 1,000 Registered...................... 9,000 Treasury 2s... .....1947 25,000 Treasury 2s..........Mar 15 1948-1950 05.30 106.3 105.25 105.29 105.30 106.7 £67724 107.28 107:25 108.4 104 104.4 104 104.10 103.22 105.30 106.8 107.13 105.12 105.21 105.18 07 106.4 06 J Treasury 2s...—.....Deo 15 1948-1950 107.5 Sale" May 108.14 Jan. 109.22 Jan. Feb. 23 9 105.2 Feb. 107.30 Jan. Jan. 107.22 Jan. 105.4 Feb. 108 Apr. 24 102.8 Mar. 104.6 May 103.5 Feb. 105.26 Apr. 28 106.7 May 14 May 14 May 1 May 29 103.5 Feb. 106.7 105.18 May 24 103.16 Feb. 105.18 May 29 May'24 106.3 May 3 el02.10 May 13 104.28 Feb. 106.28 Jan. 8 107.13 May 2 107.19 May May May May May May 104.6 105.24 105.24 105.28 lOa.21 105.31 106.8 Apr. 29 107.22 107.13 107.28 106.28 — - 108.12 Apr. 7 110.15 106.13 105.28 102.11 102.15 102.12 102.24 102.7 106 100.24 Mar. 104.12 May Feb. 24'106.7 20,102.14 5 104.1 2 4 14 3 Apr. 28 Jan. 2 Mar. 5 104.1 Mar. 3 101.24 Feb. 15 103.28 May 19 106.28 May 19 106.26 Feb. Jan. 4 May 16 107 May 6 106.28 Feb. 13 108 Jan. 6 101.28 May 28 101.30 May 21 101.28 Jan. 102.15 May 28 103.3 Mar. 31 103 106.19 May 106.17 Feb. 15 107.26 Jan. 106.17 May 5106.17 May 19 102.13 May 29 May 5 106.17 18 102.9 May 5 106.22 May 19 103 Feb. May 13 Jan. 30 May 14 102.18 May 17 101.29 Feb. Jan. 2 Registered......................... 17,000 Treasury 2a.................1953-1955 / Federal Farm Mortgage Corp— lr000 8*8... ...... .1944-1964 11,000 8a 1944-1949 03.30 104.3 103.26 103.30 104.7 08.14 108.18 106.30 107.2 106.26 107.5 07.30 Sale D 107.1 107.5 107 104.20 103.16 May 20 103.25 106.28 107.10 106.31 May 17 107.28 Apr. 24 Registered....................... 8.000 1942-1947 03 103.5 102.7 102.10 101.26 102.5 .1942-1947 03 103.5 102.7 102.10 101.26 102:5 8a 2*8 Jan. Bome Owners Mortgage Corp— 22,000 2,000 22,000 31.000 1944-1952 8s Series a Af N Registered..............—.—.. 2*s Series O 1942-1944 i*s series M..............1945-1947 07.26 Sale 106.23 Sale 106.24 107.3 03.3 103.7 102.9 03.2 Sale 102.20 102.24 102.19 102.30 102.16 Sale 103* Sale 102.12 102.2 102.18 102.9 5 106.27 17 103.2 2 NEW YORK CITY Transit Unification Issue— 56,000 3% corporate stock..... 1980 J D 103 FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia)— 6,000 ▲Gtd sink fund 6s ....1947 P A 2,000 ▲Gtd sink fund 6s .......1948 A O 1,000 Akershus (KIngdof Norway) 4s. 1968 M S 16,000 ▲Antioquia (Dept of) Col 7s A..1945 J J 13,000 ▲External s f 7s series B......1945 8,000 ▲External s f 7s series O......1945 14,000 ▲External s f 7s series D......1945 6,000 ▲7s 1st series...............1957 A O 20,000 ▲7s 2d series...............1957 A O 20,000 ▲7s 3d series ...........1957 A O 2,000 Antwerp (City( extl loan 5s.... .1958 J D Argentine Nation (Govt of)— S f external 4*s——.1948 MN 269,000 117,000 Sinking fund external 4*s 1971 M1V S f external coot loan 4s.Feb 1972 F A 324,000 S f external conr loan 4s 153,000 Apr 1972 AO For footnotes see page 30. 31 22 22 * 21 Sale 29* Sale Sale 9 Sale 8* 8* 7* 7* 8* 23 23 26 14 ..... 79* Sale 67* 64 64 68* Sale 65* 24 23 7* 7* 8 Z* 8 7* 7* 15* 7* 18 78* Sale 21* 7* 7* 7* 7* 7* 7* 25 23 40 8* 8* 8* 8* 8 26 7 * 7* 7* 7* 6* 6* 8 15* 8 7 18 Sale 79* Sale 66 * Sale 60* Sale 60* Sale 59* Sale 59* Sale 66 103* May 20 104* May 13 23 23 24 29 7* 7* 7* .. 103* Sale 15* May May May May May May May May May May May 10 6 8 8 13 13 13 5 3 8 16 78* May 66 May 59* May 26 59 * May 29 23 23 26 May 10 May 6 May 8 8* May 27 8 8 8 7* 7* 7* 15* May May May May May May May 24 24 24 14 27 100 24 23 26 1 Feb. 25 24* Mar. 28 7* Apr. 16 7* Apr. 22 9* Jan. 7* Apr. 26 7* Apr. 26 6* Apr. 28 6* May 3 9 7 79* May 13 67* May 14 78 65 2 2 Mar. May 8 9* Jan. 10 14 May May 17 104* May 13 23 May 10 22* Jan. 2 23 16 61 61 Feb. Apr. 22 Mar. 5 Jan. 31 Jan. 31 58* Feb. 14 58* Feb. 14 10 Feb. 6 10 Jan. 14 Jan. 9 Jan. 13 Jan. 24 Jan. 82* Feb. 27 70* Jan. 13 64* Jan. 64* Jan. 13 13 so N. Sales in n. % stock $ 197,000 foreign govt (Continued)-of 1925---1955 j J Ext rnalloan 5s of 1027*—-—1957 MS External g 454s 1928——1956 iAust an Govt s f 7s—1957 7.000 iBava la (Free State) ext 6 54s- -1945 1,000 With declaration 12,000 Belgi m 26-yr external 6>4s—*1949 12,000 With declaration*——i;——27,000 External s f 6s.*..--———1955 2,000 With declaration..—-—----! 15,000 External s f 7s 1955 i 8,000 With declaration..—— ,! 5,000 A Berlin (Germany) s f 654s-—- -1950 ( r PRICES IN MAY Jan. 2, 1941 exchange Bid 54 Australia 5s 90,000 208,000 EXCHANGE—BONDS Price BONDS May Value 1 Y. STOCK 9,000 AfN J J Ask Ask Bid 58X Sale Sale 4954 Sale J 24^ F A Bid A&k Sale Sale M 54 48 58 60 60 Sale 61 53 5254 13 13 8X :12~" 26 18 12 70 72 20 , , 2,000 204,000 ABrazil (U S of) external 8s. 1941 231,000 iExtls fg 6of 1926 --1957 218,000 AExtl s f 6«s of 1927-***—1957 221,000 AOent Ry 30-year g 7s. .1952 4,000 Bris ane (City) s f 5s.—*——-1957 4,000 SinkingfundgoldSs— -1958 19,000 20-year s f 6b——————1950 31,000 iBudapest (City of) 6s—-—-.1962 Buenos Aires -46^.-49"" j'j 40 D 41 50 *25" 26" 1554—— 2054 25 27 16 22 D j d a o a O j d M S p a j d j x> 18 Sale 19 Sale 16 Sale Sale 554 V 10-year 254s——Aug 25-year3 )4S-—-------- "3",000 28,000 23,000 123,000 18,000 62,000 19,000 66,000 15 1945 p J.961L/M a6s July coupon on.—----I960 AFarm loan s 16s- .—.__Oct 1960 A 554 754 55 27",660 • 9,000 14,000 13,000 45,000 3,000 42,000 42"666 46 49 aO Sale 4954 Sale 48H 4954 Sale 38 34 8 54 5 854 a j 854 Sale Sale 91*4 100 92 ^ Sale? Sale ,83 9254, , 9354 79 79 'IV* 7954 1054 2454 "28" 25J4 Sale assented—_—---Sept 1961 AExt sinking fund 6s 1962 a6sassented-ti--—1962 AExternal sinking,fund 6s— -1963 a6sassented-- ; ••*—1963 AOhile Mtge Bank of gu s f 6 54s-1957 :r a6 3^s assented 1957 AGuarsf gold 6^s-———-1961 i . "13"* F A jr 1054 j Sale J M S m S j ■ — 13 MN MN D D "IB"' j D 1754 J J A 954 \V* •10. MN "16" M S M S t' * - - M S A A O O M S 22 22 25 30 , 22 3 8 26 Jan. 7 2154 1754 1754 1954 May May May May 64 Jan;-14 - 6154 Jan. 65 23 24 23 28 25 Mar. 7 68 Apr. 29 15 52 Jan. 19 5254 Jan. 15 5154 Feb. 7 5254 Jan. 16 Apr. 29 Feo. 4554 Feb. 45 Jan. 2654 Jan.,, 65* May 10 46 Mar. 11 47 May 27 6 3254 Apr. 24 654 May 21 554 Mar. 26 654 May 8 , 954 1054 37 • 7 Mar. 31 «• m im im m * 2154 1854 23 23 23 24 i 21 1654 L0154 LOO 96 53 100 1854 ----- * 10254 Sale; Sale 102 1 Sale, 11 954 1354 3154 Sale O 56 O i 56 J J J i . , 2454 J M S MN 7 54 67 60 . 58 27;i 954 52 52 854 4 23 May 10 2454 May 8 27 May 1 2254 May 8 27 May 2 77 May 8 • —- " " 24 "76"" "80" 4954 2454 90 2654 May 8 2 9 2 6 2 May May May , , 3 3 7 8 51 56 " 55 'im 60 - - - . . 60 60" 15 103, May May 10454 May 10154 May 6254 May 103 May 8754 May 854 May 854 May 5554 May 6954 May May May 4654 May 1454 May May 10354 May 100" May 5554 May 100 May 103 80 ~~8X ~13X 5754 5754 5754 854 *5l 5254 D With declaration "73 54 Sale" 54 1654 "92" Sale" 95 - Externals f 7sstamped With declaration.—— .1941 -1949 J — D 6954 7854 85 60 unstamped. 954 Sale 96 95 93 6 Sale 554 Sh 8 H Mar. 3 10 Jan. 28 Feb. 20 Jan., 22 Feb. 27 Jan. 9 Feb. 19 Jan. 7 Feb. 5 22 6 22 2254 Jan. 15 23 May 8 Jan. 7 Jan, 18 Mar. 5 21 Jan. 8 2154 Mar. 20 72 Jan., 22 1254 Apr. 12 Jan, 1 15 1254 Mar. 26 12 ! Jan. 15 Mar. 25 17 Mar. 28 Jan. Jan. 20 Mar. 25 Jan. 17 Apr. 5 28 Mar. 21 Jan. 1054 Jan. 18 1154 Apr. 4 Jan. If Mar. 25 Jan. 20 Mar. 24 May 854 May 854 May 4254 May 48% 5054 44 54 4954 May, May May l\H May May 52 • 1 29 2 29 16 15 22 20 22 29 13 May 26 58 May 16 5754 May 16 5354 May 5354 May 5354 May 57 May 5354 May 58 May 16 5854 May 16 58 Feb. 25 May 10 18 Feb. 3 610354 Apr. Jan, 10454 May 19 Jan. 10154 May 1 Mar. 6254 May 29 104' May Apr. 8 Jan. Apr. 29 Feo. 5 May Apr. 954 Apr. 24 Jan. May 22 Jan. May 20 Jan. May 22 Jan, May 29 Jan. .495* Apr. 25 Jan. 52 May 26 14 15 19 May 24 854 2054 5454 ■8? 52 Mar. *8 5254 Mar. 17 5254 Mar. 19 52 Mar. 20 5254 Mar. 21 101 9954 Sale Apr. 16 Jan. Jan. « 8 16 5854 May 16 59 % Jan. 17 595* Jan. 14 27 :• Jan. 8 3 8 Jan. 29 854 Apr. 10 50 Jan. 22 "55"" "May" 16 May 3 1454 May 22 854 May 92* May" 1654 May 26 May May 9154 May 95 85 9954~May 20 1 1 el 00 May 20 5 2 9754 May 24 93 May 27 14 Apr, 25 2654 Jan, 3 2 7354 Jan. 84 Jan. 6954 Jan. 63 8 May 8 554 May 14 May 21 754 May 23 11 27 f 8 <Jan. 2654 Jan. 9954 May 22 100 May 14 9754 May 6 93 May Jan. , 6454 Feb. 1054 Sale 654 754 58 58 58 "5154 May"**6 "55"" May"l6 8 85 954 Sale 2 17 5254 Mar. 17 16 Mar. 13 19 99 Sale 85 80 Jan. Feb. 6 9 Feb. 16 1054 Mar. 8 854 Feb. 25 1054 Jan, 4 8% Mar* 5 1054 Jan. 9 9 Mar. 8 1154 Jan. 17 954 Feb. 18 954 Feb. 21 9 25 11 10 9 1054 Mar. . 22 33 54 1054 Feb. 10 854 Feb. 24 Jan, 55 55 5254 5254 k'— i;- Mar. 24 Mar. 27 Jan„ 21 Mar. 28 Jan. 16 9 55 54 9 14 3654 May 27 3654 May 27 2354 Apr. 9 235* Apr. 12 23 % Apr. 10 2654 May 27 33 May 27 2454 Jan. 27 3154 May 27 77 May 8 May 1 5 9% May 53 54 3 Mar. 24 2 954 1154 954 1154 954 1054 May 854 55 54 Jan. 2654 Jan. Jan. 1054 *sJ- 52 i 5754 8 25 30 30 4854 "44" Sale 59 2654 Jan. 3654 May 27 3654 May 27 2354 May 7 23 May 8 23 May 10 2654 May 27 33 May 27 24 May 27 3154 May 27 77 May 8 4754 60 Mar. 28 Mar. 24 Apr. 12 3454 May 3454 May 2354 May 23 May 49 k 1 Jan. 15 3354 Sale 2554 30 1 31.if Sale ; 8 May 13 3 20 954 Apr. 1054 Jan. 1054 'six "45" 52 May" 16 14 14 14 May 27 1654 24 2654 Jan. 4854 56 16 May" "8 88 9 Apr. 12 1454 Apr. 23 May 27 9744-Apc—25885* May 14 7655 Feb, 18 2 '2954 Sale" 56 55 905* May 14 May i Sale 1354 6 15 1054 1854 4354 Sale" — Jan. 7654 Feb, 15 May 23 ; 1554 1654 •9954 10254 10154 Sale 9754 101 5554 Sale 6254 Sale 103 • 10454 10054 107 > 7954 Feb. 18 May 14 May 13 16 23 "80" 8 Apr. 29 15" May"2 13 12 Sale I- 98 Feb. 21 102 May 14 Feb. 26 9654 Apr. 24 22 8 22 1054 103 103 54 80 8 "16" 19 23 May May May May May May May 1054 , 2354 1554 89 • "2154 "25" 7554 97 . Jan. 8 1054 1154 1054 1154 1054 1054 1054 1054 9g; 1054 , i 8854 Feb. 18 May 14 May 14 May. 14 May 14 - 10 1054 954 9 2154 25 30 i 27 8 754 Apr 23 26 1054 i Sale w 654 May —. 11 7 54 Mar. 18 55* May 14 Mar. 67 1154 Apr. 854 Apr. 3 20 20 24 27 6 18 18 , , A(Oons Agric L'n) 6 His ser A. 1968 J D —1964 MiV A7s]part paid—————1964 AGreek Govt secured 7s AS f secured 6s 14,0 Jan. 26 22 26 21 23 3 21 22 1054 11 3454 Sale 2254 21)4 . 1954 ♦» A -—1949 German Gov't International-— 435-year 5Hsstamped—....1965 J D 17,000 a5%s unstamped ..1965 ASHsstpd (Canadian holder)-1965 97"000 AGerman Republic 7s stamped. .1949 a o a7s Unstamped-*—-——1949 31,000 German Prov & Communal Bk»— 1,000 Mar.i 15 8154 Mar. 25 845i Mar. 21 75 May 24 2654 Jan, 9 1054 May 2 1154 May 10 954 May 13 12 May 5 1054 May 1 11 May 9 954 May 7 1054 1054 10 - : 654 A MN French Republic 7 Hs stamped..1941 J 16,00)5 83 1054 May 12 May 1054 May 1254 May 11 May 1154 May 1054 May 10 1054 .— 7554 954 , 7s May May 15 Jan. 1254 May 24 1054 May: 3 12 May 3 1054 May 24 1254 May 23 1054 May 3 1254 May 24 1054 May 3 11 9 3054 Sale 3054 Sale 654 May 21 654 May 8 12 dm —1952 7Jis unstamped 5 May 14 May 7 May 1 May 3 36 3 Mar. 28 70 3554 Sale 3554 3654 23 j 25 23 30 "16" 954 Sale Denmark 20-yr external gold 6s* 1942 With declaration———^. External g 554s--————1955 F A With declaration-—— 1, xternalg 4^s_—— ,——1962 AO With declaration— 27,000 May'27 May 26 72 3 7 7 9 27 May 27 1054 May 1 1154 May 10 1054 May 1 1154 May 13 1054 May 14 11% May 10 1054 May ,; 1 10" 11 ' 11 MN 454s externall oan— 1949 4 lis external debt 1977 30-years f554s.<- -—-—1953 APublic Works 5 lis.-June 30 1945 AOzechoslovak (Rep of) extl 8s_-1951 159,000 5,000 47 34 26 6 Jan. 43 34 Jan. lo 4654 4754 4954 4854 _ 4354 Jan. 4954 Jan. 7 48k Jan. 15 7 May 1554 Apr. 29 34 Apr, 22 14 May 19 1754 Jan. 16 1554 Jan. 1554 Jan. 1654 Jan, 5254 May 5254 Jan. 57 May 28 10 5354 Jan.'<15 854 Jan.!> 4 Jan.!' 8 Jan. 16 43 19 23 24 23 28 16 11 H54 Sale O ACosta Rica (Rep of) 7s.——1951 MN Cuba Rep of) 5s pf 1904— -——1944 MS 5s ext debt Ser Aof 1914 1949 F a With declaration--.. 4654; May 12 1654 11 1054 !•'. 248",660 May 23 14 43 24 15 11 12 H a. O —__ 1942 34,000 Dominican Republic s f5Hs *a 1st ser 514s of 1926 .1940 26,000 * i2d series sinking fund 6 Hs—1940 14,000 Customs Adm 5Ha 2d series.. 1961 2,000 534s 1st series.^. —1969 4,000 5 H s 2d series. —1969 ADresden (City) ext ,• f7s 1945 El Salvador (liep) 1st • f 8s A— -1948 ACertificates or deposit 14,000 a Estonia (Republic) 7i-.1967 .1945 22", 666 Finland (Rep of) external 6s 5,000 AFrankfort (City of) s f fl)4s-_—1953 25 12 1154 1 254 ,1054 Sale 1054 12 1154 15 1054 1054 Sale 1 12 1154 1054 1054 1054 12 1154 1054 Sale I 1054 1 12 1154 1054."1054 j >1054 1 12 1154 1054i 1054 1054 12 1154 13 : 1054 1054 Sale 1951J D ASink fund 8s series B 2954 — ----- IltH I M S m* mt mm j 5 5 Feb, Sale Prices 61 Apr^ 2 61 Apr. 2 Feb. 28 May 9 May 23 14 28 20 27 - Bale m S ACoiogne (Germany) s 1654s-- -1950 M S Colombia (Republic of)— a6s of 1928 —— Oct 1961 A O 238,000 a6s of 1927j-**a-*--T--Jan.l961 j 139,000 j 4,000 ^Colombia Mtge Bank 6^s_*—1947 A O ASinkingfund 7s of 1926——1946 MiV 2,000 ASinking fund 7s of 1927—---1947 FA 5,000 ——1952 J D 20,000 Copenhagen external 5s With declaration 35,000 1953 MN 14,000 * Gold 454s With declaration..— r-—19,000 10,000 Cordoba (Prov) Argentina 7s.—1942 3 J 8,000 9,000 17,000 35,000 988,000 80,000 22,000 1,000 9,000 218,000 122,000 15,000 30,000 37,000 44,000 May T ..... — 1054 ( a6J4sassented-u_---—----1961 j d , 8 24 "II" a6s 854 654 654 -.—-"18" Sale Sale AOhinese Hukuang ;Ry 5s r~ , 67 7 6 47 6 28 23 3 23 21 15 31 13 23 24 May"28 May May May May May May May 60 May 654 May ! Sale Prices 1554; May 23 2 98 98 9454 May 9654 Sale 9754 5102 10154 'Sale 10154 Sale 10054 May 9354 9254 May 27 9554 9454 ' 9554 93 90 88 89 Sale, 89 May 3 ,9054 9&54 Sale 955 87 8454 May 1 8554 Sale' 8654 8854 88 8554 Salp 8454 May 1 8654 7 9 754 25 Sale O "5",066 »v: 35 May 754 May May 16 May 72 May 70 May 75 May 68 May 74 May 75 May 17 X Highest 5354 Jan. 5354 Jan. 68 4754 4754 Sale *47" 3554 53 53 1954 1654 1654 1754 5254 Lowest Sale Prices 60 May 28 60 May 28 May 231 *1754 May 19 14 May 2154 May 1754 May 1754 May 1954 53 May May 10 53 4554 May 27 46 May 27 46 V Sale ,3454 Prices 5854 May 1 58 May 1 4954 May 3 7 May 24 14 May 9 16 May 23 6854 "May 2 69 May 7 62 54 May 1 65 May 7 70 May 13 6854 May 7 15 May 7 16 14 85 46 4554 47 -49 854 1942 m N ^Guaranteed s f gold 6s 1961 10,000 a6sassented — 1961 45,000 AGuaranteed sink fund 6s 1962 1,000 tfisassented — u*-—.—-1962 70,000 4,000 AOhilean Munic Loan 7s——1960 a7s assented-------—— -I960 35,000 - Sale 55 4654 Sale a6s assented— Feb 1961 ARy refextl s fg 6s_——_Jan 1961 a6s assented ^*4.*—1961 AExtl s f 6s int ctfs Sept 1961 ' 85 Sale 4854 a7sassented.* ; ———----1942 MiV, AExternal sinking fund g 6s—1960 a O a6s assented— 1960 AO AExternals f gold 6s*—--Feb 1961 F A ; - 1960 a6s Oct coupon on.— AOhile Republic ext s f g 7s >, , 60 7 49 30-year3s.—-i-——-*1967 J J 30-year 3s--—------..,..-1968 MiV ACarlsoad (City) s f 8s_-------1954 j j AOent Agric Bank (Ger) 7s_.--.1950 M S 1,000 AFarm Loan s f 6s—--- July I960 j j "4", 600 Sale • Sale Highest . Canada (Dominion) gold4s.—1960 a O 30-year gold 5s—---1952 AfN 170,000 146,000 126,000; 98,000 144,000 74 2154 17 Sale 17 Sale 19 1954 5254 60 5254 60 57 60 554 6 58 *58"' . 551 ;000 58 - 55 a6sstamped..——.——-.---1961 M S Readjustment 454-454b1977 M S Refunding s f 454-454s*-——1976 p a Ex 1 readjust 4 5*8-4:54 s 1976 a O Ex la f 454-454 * bonds }975m1\T 3%sexternals f$ bonds*....T1984 j j 75,000 Bulgaria (Kingdom of)— 3,000 Secured s f 7s—. ..---------1967 j j 1,000 ^Stabilization loan 754«——1968 MJV '260,000 Sale 75 21 1854 Sale •54—--— 52)4—— 5754 Sale (Province of)— , ' I 6954 1554 Sale 1554 Sale 1654 Sale 208,000 38,000 20,000 113,000 t,; 6254 Sale *68" 75 A~Q With declaration - - - aE ternal sinking fund 6s...-1958 J With declaration-.--— "B'.ooB . MS RANGE SINCE JAN. Lowest May 31 May 1 w 1968 FA A6s part paid....... - • For footnotes, see page 2554 954 1254 754 "1054 Sale' 754 "9"" "Id"" 30 6554 2454 68 27 10 654 20 Sale 11 8 854 Sale 754 20 — "754 754 Il54"May"22 654 May 15 954 May 24 1754 May 29 1754 May 29 56 62 15 Sale 5254 55 — 25 May, Jan. 49 "27"* 57 > "30" 49 57 *14 54 Mar."25 95* May 24 654 May 12 5054 May 13 1454 May 22 M ar 22 2654 Jan. 8 12 54 "Mar *28 15 . 754 May 17 ""654"May"l2 60 May- 6 15 May 3854 Apr. 1 1454 May, 12 1 26 —— "5754 8 9 9H "Feb" 27 — ----- 4954 "8 54 "May" 8 "654 "IB" .1968 15,000 AtTaiti(Repof) 6sseriesA—... 1952 1946 3,000 A Ham burg (State) 6« With declaration-— AHeidelberg (City) extl s f 7 Hs—1950 y~j Helsingfors (City) ext 6Ms -I960 A O 'A 115 6 Jan. 26 Jan,t; 4954 Mar. 3 lo ""Jan""l6 66 .Jan. 3 22 54 Jan. 30 26 ;> Jan, 3 27 8 Jan. 7 52 3 s . Apr* 25 Sales in 8*5 BONDS May 1941 Ask Bid gov't (Concluded) foreign May I ■; ' ASecured s iSecured s f g 754« f g 7s 4 23 635$ 45 54 28 2254 63 ' Sale Sale "654 60 54 28 64 sec M 8 m s D afn m s 5 54 May 454 May 454 May 1054 1054 11 11 60 64 57 6t 70 60 60 63 5954 65 56 52 — - 64 '• 5354 55 59 36"" 31 3354 n* "3154 Sale" 39 "32" . —- Sale 40 38 24 4054 Sale 3954 39 Sale 38 Sale 40 77 87 75$ 69$ 79$ Sale 754 Sale 714 Sale 554 754 8 45$ 92 7 654 654 654 4 ~"8~~ 754 8 7 754 754 654 654 Sale 7 1254 4 4 454 4 4 1^ 754 7 Sale Sale 4 954 5754 5654 Sale 854 854 9 26 23 454 5 454 9 10 ..... . O O 87 7 2554 Sale a ..... 4 8 1254 23 p | i!S if1 1054 Sale F a ms a 1953 F o a 18 57 May 5 5554 May 15 5554 May 17 May 29 May 26 35* May 15 May 21 32 May 13 gl-40-May-17 3154 May 27 40 May 19 '88 1 May 21 5654 May 20 5694 May 16 92 May 7 7 May 22 694 May 2 694 May 28 654 May 31 7 May 15 4 May 6 13 i- May 7 354 May 23 394 May 27 354 May 29 894 May 2 854 May 2 ..... 19 13 9654 Sale 9454 May Sale 65 64 94 ----- 754 Sale 854 Sale 24 854 754 754 754 954 1054 854 854 854 Sale 1154 954 1054 1054 12 954 101 10 7, May 79 May 92 May 1953 j j 1964 M S 4s Sale Sale Sale 1054 Sale 8 854 Sale 62 954 854 1054 22 A* Sale 21 Sale 62 54 May 60 Apr. 5 May 26 Jan. 20 3154 Feb. 14 2794 Feb. 21 1 May 16 3 • Mar.' 3 3654 May 12 2494 Jan. 9 30 Apr. 22 57 May 21 5654 May 20 569a May 16 75 Mar: 6 32 May: 3494 Feb. 40 May 3154 Feb. , 28 27 56 8 6 10 16 27 *4 Jan. 309a May' 2 90 5$ Apr. 15 81 Apr. 81 54 Mar. 92 May 7 54 Apr. .Jan. 654 Feb. 658 Feb. 11 14 25 10 2 754 Jan. ' Feb. 1 31 7 8 10 7 54 jan 6 •■'7 May 15 May" 6 4 Jan.1 14 354 354 354 854 Jan. 14 8 13 Jan. 14 Jan. 9 Feb. 18 Feb. 24 7 i 2 May 15 494 Apr, , 5 13 94 Feb. 19 5 Mar. 18 4 54 Mar. 27 474 Anr. 7 7 105$ May 29 1094 May 31 9 May 2 9654 May 31 66 May 14 13 87 Jan. 2 59 Feb. 18 8 Jan.v Apr. 794 May 26 17 feb , Jan; 8 Jan. 1 10 Jan. 8 96 54 Jan. 66 Jan. 28 , 17 8 Jan. 854 Mar. 31 79$ Jan. 16 27 16 694 Feb. 20 i 26 27 24 27 May 27 May May May May 954 Apr. 10 794 Mar. 7 854 Feb. 24 8 Mar. 20 Apr. Feb. Jan; 19 May 13 1194 May 8 1194 May 21 954 Jan. 854 Jan. 4 1154 May 26 954 May 27 24 1054 May 27 32 f Jan. 27 10 5$ May 7 Mar. 4 6 Apr. 4 2 25 54 Jan. 63 ,Jan. 2254 Feb. 5454 Feb. 1 "57" 4 Jan. 27 23 May , 43 27 27 . 14 Mar. Jan. ; 'Jan. 23 1154 954 1054 1054 8 17. 11 19 46 May 23 May 12 May May May May 8 May 21 3454 Jan. ' Anr. May 20 Jan. 41 Mar. 11 " 27 994 8*4 894 894 6 2 13 7 15 17 29 26 40 9 ""894~May"22 794 May 654 May Apr. May May May May 5594 559a 5854 5854 3654 16 15 9 Jan. , 105$ Apr. 4 1054 May 23 May 23 16 2254 Sale" *5654 Sale _ 2994 May 5 7 30 67 Mar.-5 31 59$ Mar. 12 59$ Mar. 11 6 t May 21 6494 Jan. Jan. 51 '4 56 2 5154 Jan. 11 3254 Mar. 24 ^3454 Jan. 22 8 7 794 May 28 794 May 15 7 > May 2 754 May 13 7 May 15 4 '> May 6 13 May « 7 454 May 5 394 May 27 394 May 9 1054 May 29 1094 May 31 13 Jan. Jan. < 5694 Feb. 5454 Jan; 5154 Jan. 52 Jan. 7 * (State of)— 1054 854 954 854 3054 55a 554 2554 6054 854 Feb. 7 7854 May 15 54 53 2 90 ""55$~Mar."ii 14 Sale 7 3094 May 59$ mar. 11 6 3 6 Jan. 11 Mar. 19 Feb. 8 May 16 May 3 May 1 18 May 23 May 12 8 Mar. 28 3 Jan. Jan. Jan. '894 Jan. 65 2554 854 Sale 754 Sale 394 394 354 454 1854 May 28 8 16 10 Feb" 5$ 70 3 394 Jan/ 13 8 954 May •1054 May 23 6 6254 May 60 May 6 39 Feb. 61 594 May 13 554 May 12 May 21 21 * May 2 41 95 Sale 5 94 May 3954 May 28 3634 May 12 May Jan; 559$ Jan., 4 854 Jan. 8 2654 Jan. 28 ' 6 57 7954 7754 71 "654 Apr""22 754 May 24 May 6 13 30 Sale 86 7154 Mar,14 18 70 May 16 13 Mar. 12 469$ Jan. 10 305$ Jan. 9 299$ Jan. 13 _ 5854 Apr; 26 4154 Apr. 14 61 Apr. 8 1954 Mar. 5 2554 2554 6654 6254 Sale 5954 May ' Feb. 21 5$ Jan. 21 75 14 Jan. 2654 May 1^94 Apr. 2754 "7" "26"" 6~ 52 5354 3254 3854 3254 3154 >38>f-may 32 2954 May 5 23 Feb. 5 " 63 35 Sale "35" i 59 May May May May May May May jan. 65 7 1 6 2254 May 6354 May > 2 5554 May 22 61 May 8 4 8 6 1254 May 20 May 29 May». 6 "'"554 May"20 May 5554 May 5254 6 ' Mar. 594 Feb. 18 16 21 5 3094 May 22 54- May 5754 May Sale 3l" 25 19 454 May 554 May 1954 May 70 59 a 1946 paid (City) s f 6s s r 554 Feb. ' 494 May 16 l May 24 554 554 554 Sale 554 5 54 554 654 2154 "5254 35$ 894 79$ 894 ti 654 May 13 65 16 coupon ASaarbruecken 7054 ile 3 3 5$ sinking fund gold 1968 a7s extl loan of 1926 1966 mn 68.000 a7s Municipal loan 1967 J d 19.000 A O 51,000 ARome (City) external s f 654s-1952 ARoumania (Kingdom of) 7s—1959 F a 56,000 Santa Fe extl 69 57 57 12 1950 6 9 22 12 , 8 8 5 May 23 May i' 8 May 17 t 7" Sale" 60 30 a6s extl a February May 20 ! May 5954 May 46 May 70 4254 Sale 4154 Sale 2354 26 a88 extl loan of 1921————1946 96,000 21 s 2 5 15 74 2654 May Sale 2754 6 May> '7 May 2954 '315$ Sale" 1960 j 654s 1 3 554 May 5 1254 May 20 30 3054 With declaration — 1,000 A Sinking fund gold 6s 1952 6,000 38,000 Queensland (State of) ext sf 7s. .1941 25-year extl s f 6s Feb 15 1947 72,000 ARhine-Main-Danube deb 7s ser a '50 AExternal 5 ' 74 51 1963 8s——1961 1966 a Prague (Greater City) 754s 1952 APrussia (Free State) exts f 654s 1951 Rio Grande do Sul 954 954 1554 33 a4*$« assented 8,000 APorto Alegre (City of) AExternal loan 754s 29,000 19,000 554 May 22 454 May 16 6 1 May- <8 55 ' 128,000 5 Sale 954 Sale q 5754 54*4 7s..—-1947 ...1959 77,000 aRIo de Janeiro (City of) 8s Sale 5 2254 — f 8s 7 6 Sale t 50 ^National loan ext s f 6s 306,000 ANational loan ext s f 6s—.1961 143,000 1940 1,000 ♦iPoland (Rep of) g 6s a1 54s assented 1958 100,000 AStabilization loan 7s. 1947 1,000 a4 54s assented 1968 23,000 s , 954 May 954 May 6254 May q 54 * 1963 if n 9,000 ♦Panama (Rep) 5s ser a AStamped (assented) 1963 mn 54,000 ACtfs of deposit (series a 1963) — 183,000 ♦Certifs of deposit (series b) 5,000 AExternal Sale Prices 28 > 7 6954 9 54 854 Sale 4,000 ANuremberg (City) external 6s-.1952 ..1953 134,000 Oriental Development 6s External deb 554s -.: 1958 82,000 Oslo (City) 454s extl sink fund--1955 11,000 APernambuco (State of) 52,000 APeru (Rep) Sees f g 7s Sale Prices 6254 Sale 56 5454 554 454 4 54 454 454 "3 '14 - With declaration Sale Prices ! 69 With declaration 14",000 Highest Sale Prices 6 35i 3 94 394 4 54 3H 4h 2854 Sale 52 Lowest Ask 29 2754 ■ 3% 35$ Municipal Bank ext s f 5s—.1970 With declaration 26*4 22* Sale ""794 "8h With declaration External sinking fund 454s—1956 With declaration External sinking fund 45$S--m965 19v080declaratlnfflz'- 1zl'. ..tt.4s sinking fund extl loan 1963 49,000 35,000 13 4754 22 Highest 74 '• 31 72 ilH 76 "13"" ----- Sale 554 554 554 2354 30 285a Sale 63 *4 Sale 53 Sale 7 13 2454 28 •; 12,000: 9,000 38,000 15,000 3,000 21,000 7 '914 Sale 5 iHunparitin Land Mtge754s a-.1961 *8 f 7 m* series b_. ....1961 Hungary 7 54s ext at 454 to..... 1979 Irish Free State external 5"-- —1960 ATtaly (Kingdom) extl ■ f 7«— Altalian Cred Consortium 7s b..1947 iltalian Public Utility • f g 7s~1962 211,000 Japanese Govt extl s f 0h«.-.--1954 Extl sinking fund 554s. 487,000 A Jugoslavia (State Mtge Bk) 7s-1957 iLeipzig (City) external s f g 7s.. 1947 ALower Austria (Prov) 754s 1950 44,000 AMedellin (Colombia) 054s 1954 15,000 Mendoza (Prov) 4s readj 1954 Mexican Irrigation— !* 25,000 a454s stamped assented 1943 AMexfco (u s) extern 5s 1899 £-1945 61,000 AAssenting 5s of 1899.. 1945 151,000 AAssenting 4s of 1904— 1954 265,000 AAssenting 4s of 1910-—.—.1945 379,000 *ATreas 6s of *13 assent.. 1933 81,000 AMIlan City (Italy) ext loan 6 *$81952 Minas Geraes (State of, Brazil)— 12,000 ASec extl s f 6j$s... ..1958 51,000 ASec extl s f 654s 1959 3,000 AMontevideo (City) 7s 1952 1,000 a6s series a 1959 24,000 New South Wales ext s f g 5s—1957 14,000 External 8 f g 5s 1958 1,000 Norway 20-year ext s f 6s ..1943 13,000 With declaration 15,000 20-year external s f 6s_. 1944 £54 7 854 954 554 454 454 Septl946 Lowest May 31 Ask Bid Bid Hungarian Cons Municipal Loan— 7,000 5,000 2,ooo 7,000 28,000 5,000 61,000 3,000 34,000 RANGE SINCE JAN. 1 PRICES IN MAY Price Jan. 2. n. y. stock exchange Value 31 EXCHANGE-BONDS N. Y. STOCK June, 1941] 3 Sao Paulo 25,000 40,000 32,000 105,000 30,000 40,000 325,000 1,000 13,000 5,000 (City of)— a8s extl secured s f_—.....1952 mn a6*$s extl secured 8 f __1957 mn San Paulo (State of)— ♦a8s extl loan of 1921-—-.—-1936 a8s external ......-..--1950 a7s extl water loan 1956 a6s extl dollar loan ..1968 ♦ASec s f g 7s 1940 ASaxon State Mtge Inst 7s 1945 ASinking fund gold 6 54s-Dec 1946 Serbs Croats & Slovenes (Kingdom)— a8s secured external —1962 mn ' With declaration a7s series b sec external—...1962 mn With declaration d iSilesia 954 16 13 54 Sale 2654 2754 1654 1754 1554 17 1554 Sale 2554 27 1754 Sale 1654 17 4254 1154 1154 Sale 44 54 48 Sale 1154 May 14 1194 1054 1 354 12 11 30 31 2754 May 1694 May 1854 Sale 1854 20" 1754 17, 51 Si Sale May 13 7 954 654 754 554 4 4 3 554 Sale 554 27,000 22,000 47,000 111,000 2,000 1,000 Sydney 8 a Taiwan Elec Pow 554s—...—1971 j Tokyo City loan of 1912 5s 1952 Externals f 554s guar ..1961 AUruguay (Rep) external s f 8s—1946 AExternal sinking fund 6s—..i960 AExternal sinking fund 6s 1964 39$-4-454% (s bonds of 1937) External readjustment 1979 317,000 3 7,000 51-4-4 54 % (s bonds of 1937) External conversion 26 60 76 J 4154 Sale 18 2354 A 1?55 ' 8.5 54s 354 354 2454 d 3$ s assented m S a o 46 f a 3 5854 51 mn Sale 1,000 11,000 117,000 62 Sale 20 Sale 42 54 19 42 4954 4954 mn 395a Sale ----- ..... 18 May 20 52 May 29 1 1594 May 3 4354 Jan. 225$ Jan. 31 8 2654 Jan. 4 May 27 May 2 4 May 27 454 May 27 5 May 17 6 554 May 1 62 2 May 9 May 19 May 38 19 3954 May 9 7054 May 31 May 23 2054 May 13 43 May 21 41 - 4 May 45$ May 5 May 554 Apr. 3 5$ Jan.' 394 Jan. 2054 Jan. 61 38 19 12 17 17 30 20 31 24 Mar. 6 Apr. 30 Feb. 8 Jan. 5354 May 27 5354 May 27 19 Jan, 23 189$ Mar. 13 Jan. 29 2654 Jan. 8 26 54 Jan. 8 53 • 854 65$ 8 54 654 Mar. Apr. Mar. Apr. Mar. 27 14 27 22 5 5 h Feb. 24 26"-$ Jan. 9 7054 May 31 4594 Jan. 10 25 Jan. 14 54 Jan. 10 59 Mar. 12 , . 54 9$ Apr. 509$ Jan. 399$ Jan. , 5 27 3954 May 55 49 ..... 3054 May 29 20 , Feb. 27 1594 May 50 49 25 49 4154 Sale 38 4254 3654 2054 40 ----- 4154 3654 43 3454 4154 May 3954 May 14 41 38 3754 May 28 Sale 4254 May 26 3654 May 27 2054 May 15 May 3954 May 45 May 17 41 May 2054 May 15 354 May 20 3 May 22 41 May 12 354 May 20 354 May 22 4454 May 28 4154 40 ----- 354 4254 5 Sale 4554 Sale 1 "12*54 12 354 4054 May 22 40 41 42 Prov 20 4354 6 30 4754 May 454 5 1954 7054 Sale 3854 41 49 mn Mtge Bank 7s..1952 A Vienna (City of) 6s 1952 AWarsaw (City) external 7s 1958 a454s assented 1958 Yokohama (City) extl s f 6s..-.1961 "6",000 3 50 35<-454-4»i«% extl conv .... 4-4 5$-4 54s external readj 1978 354s external readjustment—1984 a Venetian 3 5 40 4154 1979 mn 1978 j D 24,000 54,000 5,000 5 20 Jan. 16 H Apr. 16 Apr. 26 May — (Prov) extl sink fund 7s.1958 1958 ASilesian Landowners Assn 6s... 1947 a4 1354 Feb. 24 125$ Feb. 27 3054 May 29 19 May 21 1854 May 15 17 ffl::::: 654 15 10 3 3 4454 354 454 4554 2 3554 Jan. 3594 Jan. 415$ Feb. 36 5$ Feb. 27 1754 Mar. 9 Apr. 35$ Feb. 13 3 May 22 41 May 12 44 9i Mar. 7 4154 Apr. 5 419$ Apr. 3 45 May 17 4454 Apr. 7 , 28 Jan. 14 125$ 39a 4 5$ 579$ Jan. Apr. Apr. Jan. 8 2 8 10 railroad and industrial companies 84,000 ♦t AAbitibI Pow & Paper 1st 5s..1953 1948 10,000 Adams Express coll tr g 4s Collateral trust 4s of 1907--—1947 6,000 4 Mb stamped 1946 28,000 AAdriatic Elec Co external 7s—1952 Ala Gt Sou 1st cons 5s ser a 1943 "3",000 First cons 4s series b 1943 11,000 2,000 Albany Perforated Wrap Pap 6s_1948 6s with warrants assented 1948 6,000 1946 59,000 Albany & Susq 1st guar 354s 3 54s registered. _ 1946 For footnot°s, see page 30. J d m s J d 4554 44 10054 103 10054 10754 2254 39 11054 10754 10854 - 101 101 Sale" 10554 2154 10954 Sale 45 1-0654 16754 40 56 57 46 48 A O 55 82 A O 79 82 5054 101 102 51 ---■ 4554 May 101 10354 101 105 Sale 105 1854 —10954 10694 107 40 55 41 48 8254 8354 84 82 79 8154 May 1 52 54 May 27 102 May 28 May 10154 May 14 May 12 May 29 107 4354 Feb. 999$ Mar. 101 1009$ Mar. 20 10954 May 19 10954 May 10694 May 23 10654 May 55 May 23 5554 May 46 May May 14 46 84 May 8254 May " 19 13 ~ 14 14 5254 10294 103 94 1079$ Apr. 25 Mar; May 27 Jan. Jan. Mar. 11054 Jan. 107 54 Jan. 10954 May 1069a May 59 30 Mar. 22 Feb. 7 5 10 3 11 54 Apr. 46 Mar. 54 54 Jan. 8194 Mar. 84 May 14 79 jai.. 80 Mar. 13 10 20 22 Y. STOCK N. Sales in May BONDS II Value L N. Y. STOCK EXCHANGE •5 ft. $ Price Allegheny Corp coll tr 1941 5s_-1944 F A D A O Ask 97 M 85 M - . _ - * 360,000 1st mtge gold 4s -July 1948 4s registered 1948 Stamped modified bonds— 1st mtge g (interest at 4% to Oct 1 1946) due—-July 1948 Ref & gen ser A (Interest at 1 % to Dec 1 1946) due.. 1995 Ref & gen ser C (interest at 11-5% to Dec. 1 46) due.1995 Ref & gen ser D (interest at 1 % to Sept 1 1946) due 2000 Ref & gen ser F (interest at 1 % to Sept 1 1946) due 1996 ^Convertible due. ..Feb 1 1960 Pgh L E & West Va System— Ref g 4s extended to 1951 S'western Div 1st M (Interest at 323% to Jan 1 1947) due. 1950 616,000 307,000 275,000 367,000 3,732,000 147,000 53",000 1,000 MAY RANGE SINCE JAN. Bid Ask Bid 90 23 Sale 80 Vs 56 Sale 86 M Sale 10723 Ask Sale Highest Prices Lowest Sale Prices Sale 72 Sale 25 56 56 M 104 M 100 M Sale Sale 102 "82 542* 1032* 99 23 Sale 1021si Sale Sale Sale 54 May 24 5723 May 10 101M May 15 10423 May 1 99 M May 6 1002* May 1 Sale 102 May 28 10223 May 1 10823 Sale 108M 10823 107 H May 22 10823 May 14 108 23 Sale 108 108M 107 % May 6 10823 May 15 10123 105M 104M 107M 103 May 9 10423 May 23 109M 110 109M 110M 109M May 8 110 May 2 104 105 104 105M Sale May 23 106 May 5 27 M 57 23 28 M 55 M Sale 59 29 57 99 2* 99 M 100 106 Sale 99 M 105 23 106 M Sale 10523 Sale Sale 1082* 90 M 90 M 952* Sale 108M 92 M 93 2* 94 M Sale 912* 992* 99 Sale 96 Sale 104M 101M 111M ----- 102 98 98 Sale 100 99 M 26 M May 7 56 May 29 99 M May 23 282* May 20 58 May 5 992* May 23 105M May 29 1062* May 8 105 H May 6 10623 May 12 108 M May 92 M May 92 ^2 May 98 7 10923 May 2 7 May 21 97 % May 27 96 2* 5 95)^ May 103 2* 105 M 103 H May 29 Sale ----- Sale 110 ----- 1012* 111M 110M 111 106 101M May 111H May May 109 3 1 6 9323 May May 99 May 9923 May 9623 May 10423 May 1012* May 11123 May 110 May 6 19 13 12 21 7 1 3 1 27 78 Sale 67 Sale 87 74 Bale v 77 M 65 Vs - Sale 85 M 70 23 36 NjSale 31M Sale 100 X May 27 100 May 22 101 May 10 102x4 May 6 78 M 77 H. May 22 79.2* May 13 Sale 86 72 37 32 65 85H 71X 35X SIX 99 29M 94 M 95 M 93 104 M 104 H Sale 104 100 99 Vs 100 M 99 67 M Sale 93 Sale 104 May May May May May May May May 17 6823 May 24 89 May 29 74 May 15 3723 May 15 3323 May 1 952* May 9 10423 May 19 100 May 6 15 1 7 6 14 24 19 Toledo Cin Div ref 4s A 70 M Sale O 71 Sale 68 Sale 67 J D 37 Sale 37 Sale 34 M Sale J D 41H Sale 43 M Sale 39 M 40 342* City Electric deb 26 J* Sale 26 M2V 57 M Sale 56 Sale 53 55 5323 May 29 45 52 23 Sale 47 M Sale 45 45 Sale 93 M 53 55 1951 84 1948 11323 Sale 136 105 Sale 25 45 46 Sale 84 87 110M 111 Sale 131 48 83 1102* 111" 13023 132 May May 8523 May 43 May 43 May 4423 May 85 May 11023 May 1302* May 52 5723 May 7 26 5023 May 12 55 27 May 7 6 87 May 8 2 '4623 May 13 1 4623 May 13 5 4423 May 5 17 85 May 17 28 111 May 2 7 131 May 1 104 ----- "§82* "30 23 9823 19M 2623 "16M 972* 9823 1923 982* May 7 1423 May 20 982* May 14 16 May 23 15 162* May 24 ... - 1959 F A 25' 20 "27" 1955 AO "18" May 22 20 1523 May 8 1523 May 8 Berlin Eiec Elev 6c (Jndgrd Rys—■ Alst 6 Ms 1950 176,000 Bethlehem Steel 3M8 72,000 90,000 68,000 67",000 10,000 24,000 conv deb._1952 JCons mtge 33s seriesFG Jonsol mtge Ms ser 106M 106 M 104 2* 105M 108 23 10023 1959 1960 Consol mtge 3 Ms series H. Big Sandy Ry 1st mtge 4s Blaw Knox Co 3 Ms _ .1965 1944 1950 1st 5s series AC 1st mtge 5s series II 1st g 4Mb series JJ 1967 M S 1955 MN 1961 A O 1st mtge 4s series RR 1960 986,000 ♦Inc mtge. 4 Ms series A.July 1970 170,000 1 ABoston & NY Air Line 1st gu 4s '55 55,000 Bklyn Edison cons mtge 3 Ms 1966 .1950 4~l",066 Brooklyn Union El 1st 5s Brooklyn Union Gas Co 1st g 5s 1945 13,000 1st lien & ref 6s series A 1947 53,000 Debentures gold 5s 1950 89,000 ^ J J UN 133,000 54,000 405,000 31,000 155,000 121,000 119,000 3,000 99,000 17,000 1,000 166,000 73,000 1,000 107 100 1062* 10423 10023 1032* 10323 10723 1002* 104 1052* May 1 1062* May 27 1032* May 1 10423 May 26 May 29 10023 May 7 1032* May 27 1042* May 7 100 — M Sale Guaranteed Guaranteed g --- MN O see page 30. 182* Sale 28 M Sale Sale Q6 M Sale 10523 Sale 111 Sale 108 23 44 2* Sale 3M Sale 323 3M 70 M 682* 4123 Sale 100 May 5 101 May 29 Sale 523 662* 43 2* Sale 75 M S J J J D J J 1955 F A 1947 F A 1948 J D Sale 101 95 M Sale 1012* 932* 93 912* 87 2* 84 95M 972* 96 23 94 M 93 92 M Sale 103 M 104M 52 76 102 68 M 65 33 Sale 78 Sale 70 Sale 45 105M 1052* 99 M 101 2* 47 107 52 M Sale 99 23 8823 Sale 16 2923 100 98 9823 107 832* 76 84 69"" 692* 75 772* May 14 852* May 10 68 May 1 May 12 May 7 May 12 May 23 8323 May 28 76 69 1092* 105 112 1112* 9123 Sale 902* 1022* 10323 10323 112 11223 1112* 110 109 23 42 523 5 6 69 71 Sale 4523 4623 75 7323 10723 10723 10723 Sale 822* Sale Sale 98 982* Sale 10023 1002* Bale 10023 10123 1012* 10023 10123 Sale 9923 10023 992* 982* Sale 9823 10723 1072* Sale Sale May May May May May May 4123 May 6 May 523 May 69 May 43 2* May 73 23 May 107 May 812* May 9623 May 9923 May 100 May 100 May 982* May 97 May 9623 May 10523 May 51 May 602* Sale 80 May 103 Sale 10223 May Sale 762* 7223 May Sale 70 May 712* Sale 40 50 46 May Sale 10423 105 1062* May Sale 10123 Sale 9923 May 5123 50 512* May Sale 98 May 9823 Sale 95 96 942* May 2623 24 212* 2523 May 10323 80 7423 46 107 100 50 982* 95 222* 852* 56 57 80 872* Sale ??* 100 101 Feb. Feb. Jan. 2 Jan. 15 9623 May 105 Jan. Jan. 111 10223 Feb. 14 6 11223 Feb. 1112* Jan. 13 Mar. 109 Apr. 7 4 May 9723 Mar. 992* Feb. 7323 Feb. 10023 May 22 1022* May 6 792* May 13 69— Apt.—... ,3 89 May 15 612* Feb. 77 Feb. 75 Jan. Jan.\ 28 38 682* Jan. 33 Apr. Jan. 13 752* Jan. 2 3423 Apr. 97 Apr. 12 10323 Apr. £62* Jan. 10023 Mar. 26 31 1062* 6423 Feb. 17 652* Mar. 6 Jan. 7323 Jan. 68 13 13 Feb. 4 17 7323 Jan. 16 May 26 4723 Apr. 1 4 47 34 Mar. 31 Apr. 1423 Jan. 3023 Apr. 3 5323 May 29 6123 Jan. 13 43 5023 May 12 582* Jan. 29 3 9223 Jan. Feb. 52 Jan. 8523 May 43 May 43 May 44 23 May 83 Feb. 11023 May 130 Apr. 55 1372* Jan. Mar. 24 10023 1423 May 20 27 262* Jan. 8 26 2* 15 2623 May 22 2523 2523 Jan. 11 27 14 Apr. 23 97 1523 May 8 14 Mar. 14 Feb. 24 Jan. 8 Jan. Jan. Jan. Jan. 1523 May 1052* Apr. 18 107 103 Apr. 18 10623 100 Apr. 15 104 23 10223 Apr. 22 106 1084 Feb. 4 109 9923 Apr. 18 102 74 Jan. 552* Jan. 18 4423 May 5 85 Apr. 30 2 11323 Jan. 8 13 11 8 8 3 Mar. 19 Jan. 2 Jan. Mar. 12 Feb. Jan. 18 6 792* Jan. 22 852* May 10 8123 Jan. Feb. 7 Jan. 78 67 Feb. 1 7423 Apr. 292* May 12 20 Apr. 4 1823 Jan. 92* Jan. 10723 Apr. 110 Mar. 19 104 10923 112 4123 52* 1102* Jan. 28 9323 May 19 9423 May 13 Mar. Apr. Apr. 75 May 9 712* 2723 Sale 2523 May 23 292* 16 17 1823 May 17 192* 1082* 1082* 10823 May 19 10823 Jan. 104 Jan. 1 11023 May 23 27 11123 May 21 92 23 May 16 5 l085-3 10923 Mar. 11123 Jan. 11323 Jan. 9523 Jan. 28 1052* May 1 15 1122* May 12 22 10923 May 22 10323 May 103 4423 68 Sale 94 2* Sale Sale 11123 Sale 9123 Sale 1052* Sale 1112* 113 109J3 63 107 M 85 91 7A 94 M J J Oaro Clinchfield & Ohio 4s 1965 M S Carriers & Gen Corp deb 5s w w.1950 MN Carthage & Adir 1st gu g4s 19S1 J D For footnotes Sale 1092* 1970 Guar gold 4Ms.--...June 15 1955 Guaranteed gold 4 Ms 1956 Guaranteed gold 4 Ms 195] M 5 Canadian Northern guar 6Ms... 1946 J J Canadian Pac4% deb stock J J Celanese Corp of America 3s Oelotex Corp deb 4 Ms w w ACent Br Un Pac 1st g 4s. J3M "712* Sale 111M 112"" 11323 Sale MN 1969 Collateral trust gold 4 Ms 1946 5s equip trust ctfa. 1944 Collateral trust g 5s -..1954 Collateral trust 4 Ms I960 lACarolina Central 1st gu g 4s.-1949 85 73 75 70 182* 1082* 5s Oct 84 7923 103 A July 1969 5s g 792* 71X 75M 103 A Buffalo Rochester & Pittsb'gh Ry— Stamped modified (interest at 3 % to Nov 1 1946) due 1957 MN yGu iranteed gold 5s 72 70 92* Sale 109M 110 F *t ABurl Ced Rap & Nor 1st 5s-_ 1934 A 62,000 ACertificates of deposit 8,000 Bush Terminal Co 1st 4s 1952 81,000 Consolidated 5s -.1955 53,000 Bush Term Bldgs 1st 5s gu 196< 27,000 Calif-Oregon Power 4s 1966 64,000 Canada Sou con gu 5s ser A-...1962 123,000 Canadian Nat gold 4 Ms -.1957 86,000 95,000 100 MN J D 1957 MN 1st lien & ref. 5s series B 27,000 100 23 101 103 23 Sale F 20,000 Buffalo Gen Elec 4M" ser B 1981 F A 1,000 Buffalo Niagara Elec 3 Ms ser C .1967 J D 107,000 30,000 102 Sale Sale 106 Boston & Maine RR— 214",000 202,000 79,000 107 107 M Sale 106 105 M 103 2* 28 4623 Mar. 31 Sale 45 Jan. 19 A 45, 20 Apr. 29 3323 Apr. 3823 May 6 2923 May 10 50 Jan. 9 6 382* May Sal j S Mar. 13 5323 Apr. May 20 May 26 43 M Jan. Jan. 16 May 20 40 M 108 111 106 3923 Apr. 34 85 2 7 34 4723 5223 13 442* May Sale 83 2 Jan. 10923 Jan. 4023 May 22 34 45 882* 88 652* Feb. 34 51 110 34 Sale 49 Sale 10623 Feb. 9723 9523 1032* 10023 2 Mar. 8 31 10623 Mar. 13 10523 Jan. 97 15 2 10421a Jan. 24 Feb. 16 22 Mar. 15 6 Sale 86 M Sale May 28 Jan. May 36 23 28 48 105 692* May 13 Sale Sale 86 M 43 M Feb. 982* Jan. 39 May 26 36 2* 15 46 49 28 14 15 30 5 21 7 35 58 9 100 1 1062* 2623 May 6723 May 23 36 2* F 10623 10623 101 % 10823 10323 May Apr. Apr. Apr. Feb. Feb. 2 10 10 Jan. 52 Feb. 15 602* Jan. 1002* Feb. 20 10423 Jan. Jan. 992* May 6 103 34 Sale 1959 With declaration ADebentures 6s With declaration 1,000 May 13 37 1950 6M8--1951 With declaration.. iDeb sinking fund 6M» 67% 69 M S Beneficial Indus Loan 2 Ms ABerlin M 64 % May 23 M S First & ref 5s series C----I960 Belvidere Dei cons gtd g 3MS---1943 "5,660 65 M 70 A Bangor & Aroostook RR 1st g 5s 1943 Con ref mtge gold 4s 1951 4s stamped— 1951 Battle Creek & Sturgis gu 3s 1989 Beech Creek Extec 1st g3M» Bell Telephone of Pa 1st 5s B 64 M 70 9723 Jan. 86 Jan. 62 23 Jan. 69 Jan. 9 722* 102l5»jMay 31 104 102 Feb. 24 1042* 1062* Jan. 24 108 115 100 M 101 9923 101 1012* 102 M 1002* 101 Sale Prices 852* May 27 722* May 8 47 May 29 102 1 Highest Sale Prices Sale 7323 Sale 80 85M May 27 92 23 May 12 72 M May 28 8023 May 1 47 May 29 56 May 1 72 M 72 May 7 722* May 28 102 "31 Sale 1021532May 31 1022* May 1 103 1032* 104 May 1 104 May 9 107 M May 107 23 Sale 6 108 May 15 73 M 47 Sale 71 102 M 103 M Lowest Baltimore & Ohio RR— 283,000 383,000 88,000 58,000 134,000 97,000 5,000 4,000 140,000 61,000 May 31 May 1 Sale Sale * 5s 60 M Sale stamped 1950 68 M Allegh & West 1st g guar 4s.... 1998 A O Allegh Valley gen gu 4s_ -1942 M S 103 h 104 M Allied Stores 423a debs 1951 F A 103H Sale Allis-Chalmers Mfg conv 4b. Sale 1952 M S 107 A Alpine Montan Steel 7s 1955 M S 522",000 Amer & Foreign Power deb 5s—2030 M S 54 M Sale 511,000 American I G Chemical 523s-- 1949 M N 104 M Sale 103,000 Amer Internat Corp conv 5 Sale -1949 J J 103 American Telephone & Telegraph— 265,000 20-year sinking fund 523» 1943 M N 104sn Sale 252,000 3Mb debentures ---1961 A O 109 M Sale 118,000 3 Mb debentures 1966 J D 109 M Sale 4,000 Am 108M Type Found s f debs 223-5s 1950 3 J 106 57,000 Amer Water Wks & El 6sser A-.1975 UN 109 Sale 102,000 Anaconda Cop Min sf deb 4238-1950 A O 105M 106 Anglo-Chilean Nitrate— 27,000 31 32 iSinklng fund income deb 1967 Jan 21,000 48 M 50 M JAnn Arbor 1st g 4s. July 1995 Q J 1,000 Ark & 99 99 M Memp Bdge & Term 1st 5s '64 M S 206,000 Armour & Co 4s s f ser B (Del) -1955 F A 105 H Sale 83,000 1st M s f 4s ser O (Del) 1957 J J 106 M Sale Atchinson Topeka & Santa Fe— 314,000 Sale Gen g 4s 1995 A O 109 4,000 91M Adjustment g4s__-_-July 1 1995 Nov 199,000 90~" Sale MN Stamped 4s July 1 1995 30,000 Sale Conv g 4s of 1909 1955 J D 100 54,000 Sale Conv g 4s of 1905-D 100 —1955 12,000 Conv g 4s of 1910 D 1960 95M 139,000 Conv deb gold 4Mb D 103 23 104 M 1948 2,000 J 100 M Sale Rocky Mtn div 1st 4s A. 1965 5,000 Trans-Cont Short Line 1st 4s gl958 J J 1.11 M 13,000 Cal-Arlz 1st & ref 4 Ms ser A-.1962 M S 110 lii" Atl Knox & No 1st g 5s -.1946 J D 112 13",000 Atl & Char Air Line 1st 4 98 M Ms A- 1944 J J 69,000 1st 30-year 5s ser B_ --1944 J J 8923 101M 356,000 Atl Coast L 1st cons 4s Sale 75 July 1952 M S 353,000 General unified 4 Ms series A. 1964 J D Sale 63* 232,000 IChyear coll trmt 5s- _May 1 1945 M-N 80 201,000 L & N collat gold 4s_--.Oct., 1952 M N Sale 70 35,000 Atlantic & Danville 1st g 4s J 30 36 1948 J 36,000 Second 4s. 194v J 28 31 154,000 Atl Gulf & W I SS Line coll tr 5s. 1959 J 75 M Sale 41,000 Atlantic Refining deb 3s 1953 M 1052 106 6.000 Austin & N W 1st g 5s guar 1941 J 96 96 conv Collateral and convertible SB-. 1949 J PRICES IN Jan. 2, Bid 397,000 283,000 291,000 3,000 32,000 44,000 90,000 EKCMANOE-BONDS 82 5 4523 May 8 623 May 5 523 May 71 May 29 47 May 9 6 7623 May 8 1072* May 2 862* May 99 May 14 101 102 102 1002* 992* 9923 10723 602* 8423 10423 80 7523 46 107 102 512* 99 97 2523 May May May May May May May May May May May May May May May May May May May 1 12 15 14 13 1 3 1 14 16 1 13 1 1 29 8 28 6 6 90 111 Mar. Mar. 10723 Feb. Jan. 113 Apr. 10923 May 22 1082* Jan. 4123 3 23 323 6623 4123 Apr. 19 Jan. 2 Jan. 6 Apr. 19 Jan. 2 Feb. 10523 Feb. 80 Apr. 9023 Feb. 93 2* Feb. 14 66 94 Feb. 93 2* Feb. 92 2* Feb. 9023 Feb. Jan. 9 623 Apr. 6 Apr. 4 4 48 74 Jan. 24 47 Jan. 27 7623 May 41 88 6 Jan. 2 89 H Jan. 15 19 100 Apr. 19 10123 Apr. 29 29 25 25 25 13 28 14 108 16 25 1022* Apr. 26 103 Apr. 21 10123 Apr. 24 992* May 90 2* Feb. 24 9923 Apr. 1022* Feb. 17 10723 Mar. 63 51 Apr. May 27 4 Feb. 87 Apr. 76 10123 Feb. 27 10423 May 3 812* Apr. 6923 Jan. 3 64 23 Jan. 762* Apr. 10423 9923 512* 9723 3 21 1 30 16 29 30 Jan. 16 46 Mar. 17 Feb. 24 108 Mar. 13 Apr. 22 10223 Mar. 25 53 Jan. 10 8 May 2 Apr. 10 9923 Jan. Jan. 6 97 May 6 172* Jan. 9 26 Mar. 26 - \ Sales in Value Jan. 2, 1941 exchange n. t. stock 6,000 t iCent of Ga Ry 1st g 5s.-Nov 1945 ♦aCohsoi gold 5s -1945 iRef & gen 5%s series b 1959 a Ref & gen 5s series c_ __ 1959 AChat Div. pur money g 4s. —1951 Ask Bid 1 12 m A O d J 5s---------1?46 J Jent Hudson g & e 1st & ref 3%- 65 M S ~i",66o Jentral Illinois Light 3%s--—1966 A O 42,000 t ACentral New Eng 1st guar 4s.-1961 j j 115,000 jACentral of n j gen g 5s 1987 j j 59,000 5s registered 1987 j j * Mobile Div lstg " 104,000 (9*7 J AGener.il 4s 4s registered 53,000 Central n y Power 3%s 685,000 Cent Pac 1st ref guar g 4s — l8.u0u 1987 j j 1962 a O 1949 p a 1954 a O i960 f a Through St l 1st gu g 4s 1,116,000 Guaranteed 5s - - - 15,000 Central rr & Bkg of ga 5s.—1942 137,000 Certain-teed Prod s f g 5h® a.-1948 Champion Paper & Fibre-— 7,000 8 f deb 4%s (1935 ssue) 11,000 s f deb 4%s (1938 issue) 90,000 194,000 166,000 J Sale Sale 65 Sale Sale jfn Sale M s Sale 103m 105 106 H Chesapeake & Ohio ry— 1q General gold 4%s-_Vi""ion« m-vr Ref & impt mtge 3%s ser d~1996 mn Ref & impt mtge 3%s ser e—1996 p a Potts Creek Br 1st 4s --1946 j j 15,uuo r & a Div 1st con g 4s gold 4s — 612.(166 AChic & Alt rr ref g 3s 226,000 Chic Burl & q 111 Div 3%s 2d con 120 111m 9m Sale 93 m Sale 1949 j j (949 j j 2oi",666 —1949 j j 4s registered (949 j j 2381666 GeneraT4s (xfsm s 149,000 1st & ref 4%s series b 1977 F a 167,000 1st & ref 5s series a---------1971 F a Chicago & Eastern Illinois rr— 218,000 AGen mtgeinc tconv)---(997 Apr 25,000 Chicago & Erie 1st gold 5s 1982 mb 494,000 Chic ut Western ,^series a.---1988 j j ^»uisy rf g 6s 1947 j 1947 j 90 173,000 Alst & a 1st general 5sseries series b---May & gen 6s (966 j *g«n sc Pac mti 5s ser j AChic & No West 3 ms registered AGeneral 375,000 382,000 201,000 553,000 F gen 3%s —(987 («87 ("87 4non-pay Inc ***(987 registered -------(987 AStpd gen AGen 5s stpd non AGeneral 4%s 3201666 j a m N m N ♦Al5-year payjnc tax-}§§7 stomped secured 6^8------ (987 o May 2037 AConv series A----1949 •JiChicagoRys 1st 5s stamped Alst & ref 4ms ser m N m N m N m a M s d d Income guar d miv (960 afn 5s-----^-1951 j d J d 5s-- ajec 1 i960 Chicago Union Station 1st mtge 3 m» series e 1963 137,000 3 Ms guaranteed - - - - 71,000 (951 1st mtge 3ms series f----—1963 133,000 138,000 & Western Indiana 4s-1952 1st & ref mtge 4mb ser d 101,000 (962 -,---"---1943 98,000 Childs Co deb 5s--25,000 t AChoc Okl & Gulf consol 58---1952 39,000 Cine Gas & Elec 1st mtge ^*-1966 1st mtge 3Ms ""i: 14,000 1942 6,000 Cin Leb & n 1st con gu g 4s Cincinnati Union terminal— 51666 37,000 96,000 192,000 156,000 12m rl8M Sale 15m 16m 19m 19m 11 1m Sale 45 m 14 m Sale Sale 12 7m 6m 7m 6m m 71m 63m Sale Sale Sale Sale 1 73 h --- j D 53 57 m S 44 m 46 m J 109 m M J J O A AfN p A J d MN 1st mtge guar F 104 90 m d l gen g 4s— 1993 d General 5s series b - - - 1993 J Ref & impt 4 m« series e 1977 J Cin w &m Div 1st k 4s-----1991 MN St Louis Div 1st coll trust g 4s-i9go j Cleveland Elec Ilium 3s_ --"^""(970 J Clev & Pitts gen gu 4Ms ser b—(942 a o Series b gu 3 Ms————-—(942 a o Series a gu 4m»--— (942 J j Series c gu 3 Ms (948 mjv Series d gu 3 Ms- — "1950 p A A General 4m» series a-——---1977 J Gen & ref mtge 4mb series b-igsi O Clev Short Line 1st gu 4Ms----(961 o Clev Union Term 1st gu 5 Ms a-1972 o 1st s f g 5s series b guar (973 O 1st s f 4Mb series c1977 d Coal Riv r Ry 1st gu 4s—-----1945 A Colo Fuel & Iron Co gen s f 6s--1943 19", 000 a5s income mtge.-----------1970 37,000 1,074,000 Colorado & Southern 4%s ser a_ 1980 178,000 Columbia Gas & Elec deb 5s May 1952 Debenture 5s Apr (5 1952 17,000 Debenture 5s Jan 15 1961 222,000 Columbia & Hock Val 1st ext g 4s '48 83,000 Columbus & Sou Ohio Elec 3m®-1970 1,000 Columbus & Toledo 1st ext 4s__1955 ACommercial Mackay Corp— Inc deb reg w w -Apr 1 1969 911,000 For footnotes, see page 30. a o AfN AfN 20 29 26m 15 m Sale 14m 15m i4m 15 m 2m Sale 41 19 m 15 57 12 106m 104 m . 23% 113% 66% 32% 24% 22 m 22m 23% May 9 May 9% May 70% May 35% May 34% May 36 May 36 May 36% May 8% May 2% May 21 May 21 May 22 May 19 May 22% May 23% May Sales 23m 23% 28% 16 May May May May 1% May 29% 16% 16 Sale 16 28% 14% 14% 14% Sale 1% Sale 68 m 107 m 106 m 85 m Sale Sale 107" 81m Sale 14m Sale 105 % Sale 105 m j 105" a o 112 m S Sale 112m 41 27 5 11% 71% 39% 37% 28 26 27 27 28 16 28 27 23 16 40 39% 40 10% 3% 24 22% 24% 16 22 31 29 24% 24% May 2 May May May May May 13 15 13 5 29 May May May May May May May May May May May May May May May May May 13 Sale May May May May 2 % May Mar. -1.7 —72 30% Mar. 21 40% 21% Jan. 17 28 2 26 20 Jan. 64. 77 May May May May May 76% May 12 10% 2 77 Sale 52m Sale 63% 53 May 20 21% May 6 18% May 2 20 May 6 107% 107% 105% 85% Sale 86% Sale 77% Sale 68% Sale 104% 105% Sale 77% Sale 13 % May 6 10 6 12% May 6 2% May 10 77% May 22 15 7 52% May 19 Sale 11 2% 78 51% May 27 64% May 29 53% May 10 11% May 14 May 50% May 63 May 64% 54 8 108 106% May 107% Sale 105% 106% 105% May 17 106% 101 100% 100% 100% May 94 92% May 92% 92% 95% 94% May 95% 94% 35 30 May 31% 30% 18 18 16% May 14 108% 107% May 107% Sale 110% 110% May 110% Sale 104% 104% May 104% 108% 110% 109 113 112% 113 95 93% 77% "79"" 75% 89% 87% 89% 56% 58% Sale 54% 55% Sale 78 75 77% Sale 107 107% 105% 105% 103% 103% 102% 102% Sale 22 22 22 22 6 22 26 23 23 8 7 9% 11% 10% 1% May May May May May May May May May May 22 1 1 5 2 8 10 6 12 21 Jan. 29 72 Jan. Jan. 2 Jan. Jan. Jan. Jan. 3 1 Jan. 4 15 Jan. 2 14% Jan. 4 2 4 2 2 2 16 Jan. 14 16 Jan. Jan. 4 16% Jan. 3 Jan. Jan. 7 16% Jan. 19% Jan. 10% Jan. 3 15 18 3 3 3 3 Jan. 4 10% Jan. 1% Feb. 14 11 2 76 May 28 8 89% May 56% May 24 5 55% May 76 May 28 6 106% May 105% May 13 56% 77% Sale 78 May 109 108 106% 107% . _4. 4 Mar. 21 Mar. 19 Mar. 12 Jan. 21% May 18% May 10 6 2 May 6 16% Apr. 2 49 2 2 Jan. 2 Jan. 3 Jan. Feb. 17 6 12% May 1 2% Apr. 77% May 22 7% 6% % 73 3 20 20 2 14 6 May 51 % Feb. 65 Apr. 7 8 109% Jan. Mar. 14 107% Jan. Jan. 98% Mar. 31 104 3 21 '46% "Mar. 14 55 % Jan. 44% Jan. 2 53% May 10 3 3 106% May 105 l?H 2 5 May Jan. 3 94 Jan. 2 95% Apr. 29 27% 9% 107% 109 36 Mar. 10 Jan. 20 Feb. May 10 18 3 14 109% Jan. 17 20 110% May 12 Jan. 4 104% May 2.3 106 Jan. Feb. Jan. 31 110% Jan. Mar. 27 Feb. 113% 14 18 Mar. 1 Feb. 19 Feb. 27 Mar. 27 95 80 91 61 58 79 Jan. 17 3 Apr. 16 Jan. 3 Jan. 22 Jan. 13 May 9 May 13 Mar. 31 109% Jan. 2 May 13 105% Jan. 9 103% Feb. 25 102% May 109 May 2 May 108 May 19 108% Mar. 26 107% Feb. 27 107% Feb. 27 109 107 80 86 76% 68% 104% 84% May 24 83% Sale 70 May 26 | 86 I 75% May 24 68% May 29 77 85% 87% 79% 70% May May May May 13 12 15 14 80 68 Sale 36% May 5 43% May 15 79% Apr. Jan. 105 43 88% Mar. 27 90 Jan. 28 4 73 Feb. 5 Jan. 84% Jan. 74% Jan. 103 % 37% Apr Apr. Apr. 3 39% Mar. 28 3 40% Apr. 3 40% Apr. 4 40% Apr. 10% Apr. 3% Apr. 24% Apr. 22% Apr. 25% Apr. Apr. 24 25% Apr. 25 Apr. 22 Apr. 26 Apr. Apr. 25 Apr. 30 17 Apr. 16% Apr. 16% Apr. 2% Apr. 25 26 1 104% May 105% 104% May 22 105% May 82% May 12 77 Apr. 81% 77% May 80% 24% May 13 Feb. Sale I 21% May 27 Sale 22 22 103% May 10 103% Apr. 103% May Sale 103% Sale 103% 103% May 23 103% Apr. 103% 103% 103% May 103% Sale 103% May 21 103% Apr. May 103% Sale 103% Sale j 114% Jan. 110 107 May 2 104% Apr. 106% 106% 106% 106% 106% May 14 May 2 113 Feb. May 2 113 113 111 108 36% May 15 Jan. 6 6 1 102% May May May 2 109 May 19 108% May 20 14 Mar. 31 6 13% May 11% May 10 89% May 62 May 6 58 May 9 79 May 13 107 % May 28 105% May 13 102% May 10 14 18 Jan. 77% 89% 4 15 11 38% Apr. 14% Jan. 11% Feb. 13% Jan. 12% Jan. 7% Jan. "98% Sale 13 40 109% May 24 113 May 12 109% 109% May 112% May 2 69 29% 28% 30% 30% 30% 4% 12 6 16 6 10 2 3 10 15 6 25 3 ----- Sale 16 6 21 6 10 15 Apr. 30 3 11% Apr. 5 11% May 6 18% Jan. 6% Jan . 6% Jan. 3 46 May 16 11 11% Sale 10% Sale ::::: "50% "si" "51% 107 m 109 m 105 Jan. 4 9 Jan. Feb. 25 22% Apr. 12 27 3 114 109% Jan. May 12 30% 16% 16% 16% 27 19 Sale Sale 10 m Sale 1m Sale 63 m 52 25 20 15 16 16 17 108"" 84 m 74 m 11 18 25 Sale Sale 24 22% May 28 25% 109% 81 14 22 17m 15m 106 15 26 7 114 28 70% 28 37 29 24% 18% May 22 18 May 2 20 May 6 Sale 106m 107 m May May May May May 41 Sale 103 m 24 x 19% 17 95 m 32 ----- 75% May 22 83 May 28 46 10 m 12 m 76 2 20% Apr. 17% Apr. 18 Apr. 12% Jan. 108 May 76% May 75% May 58% May 79% May 91% Jan. Apr. Feb. 21 119x4 Apr. 183% May 8% Feb. 19 91 Feb. 28 94% Jan. 90 J an. 10 93% Jan. 96 May 23 100% Feb. Feb. 97 97 Feb. 11 88% Jan. 81% May 24 Jan. 2 80 71% Jan. Jan. 2 88 78% Jan. 8 85% May 10 77% May 10 86 May 8 81 % May 24 18% 16% 93 52 m 55 m 76m 109 m Sale 99 May 23 43 44 Sale Sale 88 Sale May 18% May 94 May 26 Sale 80 J A 24M Sale Sale 76 O p 24m 15 22 Sale 80 A May "26" ~ 20 Jan. May 65 4 2 Jan. 2 Feb. 14 42% Jan. 3 51% Jan. 2 82% May 19 94 m 19 23m 101 j 96 113m 66 m Sale 32 m 33 22 h 27 30 27 23 21m 25m 25m 20m 21m 9 9m 10m 10m 10m 8m 1um Sale 73 73 70 70m 38 m 35m 38m Sale 39 vt 37 m 34 m 37 Sale 37 m 39 35, 35 36m 38 h Sale 36m 39m Sale ~8m Sale 9m Sale 2m Sale 2m Sale 24 22 m 21h 22 % 23 21 21m 17m 22 m Sale 23 m Sale 106m a 97 8514 Sale 27 m 25m 107 m im Sale 1m Sale 3m 9m w Sale m 109m 5m 106 m 96 Sale 106 M S m s Sale 17 49 c c c & St 1,000 27,000 15 m 16m 17 46 1st mtge guar 321666 " Sale D 3 Ms series l>—1971 3 Ms ser e------1969 Clearfield & Mahon 1st gtd g 5®-1943 33,000 113,000 5,000 6m Sale 70 m 29 M Sale 28 m 31m 30 m Sale 30 m Sale 30m Sale 5 Sale 1m Sale 15 Sale 14 14 m AfN 7,000 29,000 82,000 24 j Chicago 3,000 555,000 24m Sale 113m 115 10m 10 M Sale 4 ms 3Ms----------june 16 (951 151666 Memphis Div 1st 4s_--------1951 64,000 Chic t h & s'east 1st & ref ifc-(960 81,000 Sale Sale 21m Jan. 11% 11% 12 % 106 % 65% 63% May 16 May 6 May 21 May 6 May 10 May 6 1 122 May 15% May 29 91H May 27 Sale 77 10 pald—(927 4s—(988 Gold Sale 89 m 83 10 Feb 1 1938 25% part 27,000 692,000 t AChic r i & Pacific gen g J j 25,000 4s registered ACertificates of deposit 2,000 4s ctfs registered —tq§5 a o ♦ ARefunding gold 48----1934 i.oislooo ACertificates of deposit 590,000 •ASec gold 4 Ms seriesA-—1952 ms 422,000 ACertificates of deposit 375,000 AConvertible gold 287,000 21,000 Chic 8 l & n o gold 92 m 76m Sale 19 m 7m Jan. 13 112 Sale 102 69 56 120% Feb. 19 122 121 16 82 m ----- Mar. 8 Jan. 18 Feb. 27 Apr. 3 116 Sale 15 m May 6 110% May 6 May 7 May 28 65 18 May 13 May 2 May 6 May 29 16 May 31 16% May 6 111m 119 Sale 92 5% 5% 105% 108% May 7 14% May 10 5% Apr. 1 5 May 6 14% May 7 11% May 10 109% Jan. 30 110% May 45 28 6 14 3 128% May 26 132% Mar. 10 102% Mar. 3 106 " Jan. 24 ~ 102% Feb. 18 105% Jan. 21 Sale 13 m 16 j 93 Jan. Jan. Jan. Jan. 129m 128 m May 26 129 May 1 103 103m Sale May 28 104% May 7 104m 104m 103% May 5 104% May 22 Sale 16 j Sale 112m 119 16m Sale 28% 5% 1 % 1 % 128 m 85 % m N j Sale Sale Sale 76 m N m N 4mb 4621600 ill a 75 j --;,ad 1 ?900 103m 103 Ji 84m 67 j May 14% May 5% May 5 May 14% May 11% May 10 45 7 15 26 22 14 6 105% Feb. 21 106% May 27 103% Feb. 10 104% Jan. 20 107 Sale 17 6m j 14 103 m 94 Sale 19 m j X AChic mu St p & AConv adj 5s Sale "98m 20 a-(989 j 3 v^s series b—May 1 1989 j SIS 110m 63 m 16 m 13 m 14m 65 17 78! j Sou 50-yr 4s---1956 J j x AChic Mil & St p gen g 4s ser j 11 71] J Chic Indiana & 4 13m 93 84 (947 j ^/ ^--}966 afn Sale Prices 44m May 12 May 4 May 4 May 13 May 10 May 4m Sale j ^Refunding gold 5s ser b iRefunding 4s seriesC-- 9,000 49,000 16,000 248,000 21,000 224,000 20/,000 124,000 1,5/3,000 2,329,000 60,000 105,000 222,000 51,000 49,000 40,000 J 48 Sale 97 109m Highest Sale Prices 106m May 23 106% May 27 2 103m May 16 103% May 106 105m 107 104 121 Sale 104m Sale 104 X 3%s registered Illinois Division 4s 195,000 AGen inc mtge 4%s_.._------*u38 1,000 I AChic Indianap & 44m 12 h Sale 103 m 128 h 130m 1989 j j 1989 j j 1949 a O Lowest Sale Prices 13 11M 5 108 107m 168"" 107 h 107 m 107 m May 74 m 75 74 May 27 76% 74m Sale 60 76 73 75 May 6 75% 54 m Sale 53H May 15 58% 55"" Sale 79 % 78 H May 28 79% 76m 78 m 77 Sale 84 m 82 m May 19 87 85m 86 „ 1950 m S 1950 m S Highest Sale Prices Ask 4 5 4m 3m 4m Sale 15 5m 11m 10 9 8m 105m 106 m 110m 110M "64m 63 m 63 17 16m 16m 15m 14 13m 14 16m 14 O A J 45 43 a p m N Lowest May 31 May I Bid 718,000 138,uuo 268,000 16,000 71,000 RANGE SINCE JAN. 1 PRICES IN MAY Price BONDS May £H EXCHANGE—BONDS N. T. STOCK June, 1941] 34% Apr. 22 106% Feb. 10 24 23 85% Jan. 11 26 Apr. 30 106 16 106 Jan. 9 Jan. 10 105% vJan. 14 114% Jan 14 30 10 108 Jan. 14 113 Feb 18 1 2 13 14 43% May 15 n N. Y. STOCK EXOHANGE-BONDC Sales in Price BONDS May Value Bid Commonwealth Edison Co"i74,000 lst mtge 3%s series I 1968 J D 193,000 Conv deb 3 %s * 1958 3 J 2,000 Conn & Passum Rivs 1st g 4s—.1943 A O 4Ha—-.---1951 J 3 Stamped guar 4%s ---—1951 J 3 Conn River Power sf3^« A—196* F A Consol Edison (N Y) deb 3%s__1946 A O 3%s debentures. ....—-1948 A O 3 Ms debentures 1956 A O 3 3 %s debentures 1958 J iConsol Hydro-Elec Wks of Upper J 3 Wuerttemberg 1st 7s i. 1956 t Consolidated Oil conv deb 3%sl951 3 D ^Consolidated Ry deb 4s..-..1954 3 J Conn Ry & Lt 1st g 48,000 89,000 123,000 84,000 80,000 206,000 62,000 22,000 ^Debentures 4s J&J 1955 12,000 iDebenture 4s ,-,—.--1956 41,000 Consolidation Coal s f 5s.——i960 Consumers Power Co— 25,000 1st 3%s .1965 16,000 1st mtge 3 %s — .1967 61,000 1st mtge 3%s 1970 83,000 1st mtge 3%s_, 1966 85,000 1st mtge 3 Ms —-A —1969 242,000 Continental Oil conv deb 2%s._1948 67,000 Crane Co 2 Ms s f debs .1950 51,000 Crucible Steel 3%s's f debs.1955 141,000 iCuba Northern Rys 1st 6 Ms—_ 1942 222,000 a Deposit receipts 56,000 iCuba RR 1st 50-yr g 5s_.-___i.1952 8,000 ^Deposit receipts 40,000 i7 Ms series A extended to 1946 i.OOO ADeposit receipts a6s series B extended to 3,000 1946 2,000 Deposit receipts 142,000 Curtis Publishing 3s 1955 . _ . PRICES IN MAY Jan. 2, 1941 N. Y. STOCK EXCHANGE J J 3 J 3 .J MN Ask 107M 108 96,000 Dayton Pow & Lt 1st mtge 3s.-1970 1,095,000 Del & Hud 1st & ref 4s_—_ 1943 t 3,000 Delaware Pr & Lt 1st M 4%s___ 1971 ! 1st & ref 4 Ms. 2,000 ^ 1969 1st mtge gold 4 Ms 4,000 1969 1,605,000 t»ADen & Rio Gr 1st cons g4s_. 1936 ♦iConsol gold 4%s 208,000 1936 148,000 t ADenv & R Gr West gen 5s Aug 1955 AAssented (subject to plan) 180,000 ARef & imp mtge 6s ser B 749,000 1978 t iDes Moines & Ft Dodge 4s.__ 1935 > Certificates of deposit. 6,000 lADes Plaines Val 1st guar 4Ms. 1947 Detroit Edison— ..; '' < Gen & ref mtge 4s series F 77,000 1965 Gen & ref mtge 3 Ms series G_1966 33,000 Gen & ref 3sser H 181,000 1970 Detroit & Mack 1st lien g 4s — 1995 ■ • 6,000 3,000 108,000 . 100M 117 109M 109M 108M 109H 103M 104M 108 M 109 104 105 M Sale 109 . Sale 112M 99 105 M 104 M Sale Sale 108M 109 24 M 106 Sale 19 Gen 4s registered AOonv g 4s Series A 17 M 19M Sale 1,251",606 conv 1,052,000 98,000 33,000 1,000 "20M Sale 109 Sale 105 M 106 50 M 108 104 M 108 M Sale 105 M A O 3 D D J 17 19 16 3"J 18 M 19 M 23 3 18 • J D 3 MN J J J J J 3 J 3 J 3 F A 3 M S J Sale - - —— 7M Sale 7M Sale 1M 1M 1 A O Sale 6M 4 67 1 % Sale 5 A O M S A 108 M Sale 109 110 O 107M ----- 99 147 M —— 3 J 101 56 — 86 75 45 55M Sale 35 AM 13 M 3M 78 40 25 '28M 98 1M 13 M 7 1953 Sale 106 M 20 21 106 % Sale 107 23 1938 M S 1954 F _____ Sale Sale 39 46 48 18M 18 M Sale" A 88 106 101 t AFla Cent & Peninsular 5s__-.1943 J 3 15",606 JFla East Coast 1st 4Mb.—— 1959 J D Alst & ref 5s series A 455,000 1974 M S ACertificates of deposit 222,000 _ 93M 35 M 104 H Sale Sale 5 15 3 May 10 May 2 May 12 15% May 12 105% Jan. Jan. 106% Apr. 5 106% Mar. 29 108% Mar. 26 Feb. Feb. 6% May 8 Feb. Mar. 27 102% Feb. 18 Jan. 17% Jan. 18 Feb. 75% Apr. 22 Feb. 5 106% Jan. 27 Apr. 4 25% Apr. 14 26 Apr. 8 83 May 8 107 104 97% 92% 15% 14% 16% 16% 17 22 30 4 29 12 106 Jan. Mar. Apr. Mar, 102 Jan. 21 22 Feb. 27 May 29 18% May 28 21% May 27 Feb. Feb. Apr. May 15% Jan. 16% Feb. 15 Apr. 18 1V Mar. Jan. 7 6 Mar. 17 19 May 27 16% May 27 99% May 14 Feb. 109 Jan. 57 May 108% Jan. 105% Jan; 108% Jan. 15 May 15 May 3 May 2% May 15% May Mar. 7% Jan. 7% Jan. 1% Feb. 1 13 108% Mar. 1 110 May 12 110% Apr. 23 108% Jan. 3 111% Jan. 11 16 96 4 Apr. Apr. Jan. Apr. Apr. Apr. Jan. 6% Jan. 3% Feb. 21 72% Jan. May 20 9 2 7 22 23 6 10 10 12 12 12 7% Mar. 26 77 Jan. ----- 37 M 105 M 101M 102 M 103 k 34 65 M 8M 7M Proof of claim filed by owner—. MN 4,000 ACertificates of deposit 14,000 — 13,000 Francisco Sugar coll trust 6s._—1956 MN 1949 J D j_1946 J 3 — 1940 J D declaration AS f deb g 6s 2,000 ...1948 186,000 Gen Steel Castings 1st 5 Ms w w_1949 1,000 tfGa & Ala 1st cons 5s Oct. 1945 17,000 I*AGeorgia Caro & Nor 6s 1934 2,000 AGood Hope Steel & Iron sec 7b.1945 1 1 37 M Sale 43 M 65 H Sale 43 Jan. 30 102 Jan. 2M 1H 40 Sale 152 99 l04M 70 46 88 M J 9 91H Sale J 16M 19 29 1947 106 M 76 33 Sale 1950 92 18 54 May 106 J 101% May 102; — 52 46 73 70 2% 2% Sale 3 Sale 30 88% Sale 13 16% 21 ; 23% 95 100 Sale Sale ____ 100% 73M 78 62% - "65 i00% Sale B.1956 3 Feb Feb A O 1950 A O 62 5 86 M 80 Sale Sale Sale Sale Sale 64 93 92% 102% Sale Sale Sale Sale Sale 98 Sale §8* Sale 63 60 6 7 88 91 92 81M 89 Sale 6 10 3 107% Jan. 7 24 Apr. 2 109 Apr. 11 4 10 108% 4 Feb. 4 101% Mar. 12 105% Mar. 17 150 Mar. 56 Jan. 67% May 29 56 Apr. 40% Feb. Feb. Feb. 36 Feb. Feb. 103 May Apr. May May May May 11* 9 12 24 29 27 24 24 Mar. 21 25% May 6 3 25% Apr. 95 May 24 9 111% May 103 May 23 16% Feb. 16% Feb. 82% Mar. Feb. 101 Jan. 93% 90% 54% 53% 48% 55% Jan. 80% Feb. 42 36 Feb. 25 100% Jan, Feb. 103% Jan. Jan. 66 9% 70 10% 1% 2% 1% Sale 56% 50 ___. 32 18 36% Jan, Jan. Mar. 103 Jan. Feb. May May May May 107 May May May 162% 100 Feb. Feb. . 103% Jan. Feb. 104 Apr. 102% May 103% May 2 101% May " 103% May 102% Jan. Jan. 67 May 23 9% May 27 9% May 19 2 May 26 1% May 28 May 19 50 121 May 72 Mar. 19 8 7 1 Jan. 75 10% May 9% May Feb. 11% Apr. 10% Apr. 2% May 2% May 3 2 1% Feb. 1 % Jan. 39 Jan. May 51 May 5 121 May 22% May 26 11 11 23 1 Feb. 3 14 6 121 36 Jan. 9 39 Jan. 14 Jan. 35 Jan. 20 May 121 22% May 26 May 21 Apr. 35% Jan. - 35 19 May 19" May"l3 19 87 88% May 5 84% Feb. 14 May 6 10 Jan. 35% Jan. 90% Apr. 14 May 18 22 21% May 6 5 Mar. 23 21 22% May 21 May 18 30 21 May 33 May 13 106% May May 15 76% May 8 1 104% Feb. 74% Apr. 100% May 29 100lsa»May 8 95 Jan. 17 100% Jan. 100% May 29 101% Jan. 14 106 160% 106 76 74% 80 106% 102% 100% 90% 90% 101 97% 81% 60 7% lly> May 14 May 6 May 7 5 May 13 ... 95 ___ 71% 63% 65 63 2 May 22 May 68 63 May 24 May 22 Sale 105% May 107% May 12 105 104 107 May 99% May 90% May 91% Sale 90% May Sale 100% May Sale 97% May 81% May 82% 63 62% May 9% 7% May Sale 95 May 90 88% May May 5 102% May 12 94 94 103% 98% 84% 62% 9% 92% 90 12 12 7 1*2 9 6 22 26 May 15 May May May May May May May May Jan. 13 Mar. 15 63 May 22 105% May 103% Mar. 97% Mar. §9% 89 Feb. Feb. Mar. 95 Feb. 80 Feb. 62% May 5 Feb. 87 Jan. 79 Jan. Apr. Jan. 14 106% Jan. 24 81% Jan. 63 100 4 7 2% May 3 3 Apr. 5 52% Mar. 21 87% 14% 68 16 24 Feb. 105 30 100 6 10 15 43% Jan. May 10 87% 18 Jan. "46% "49% 64% 106% 106% Jan. Feb. , 36% Jan. 102% 103% 102 103 102% 103 101% 102% 100% 103% 95 Sale 98 M 84 M 100 100% 95 Sale J Sale 102% 30 107M Sale 94 M 25% May 40 106 120 102 94 h 110 Sale Sale 51 93 150 98 4 29 21 99 M 40 106% 107 102% Sale 100 102% 101% 102% 102% 103% 100% 102% 103% Sale Feb. 38 106 - 108 104 "W% May" "6 93 3 J 22% May 16 23 % May " 53 % May 27 48% May 24 48% May 24 103 3 J "54% May"29 May May May May 97 M J J IS* 50 16 27 19 20 51% 52% 46% 46% 105" 1961 Gen 4 Ms series D 1976 Gen 4 Ms series E 1977 Gen mtge 4s series G__ 1946 Gen mtge 4s series H 434,000 1946 Gen mtge 3 Ms series I 184,000 -.1967 5,000 AGreen Bay & West deb ctfs A Alncome debenture ctfs B ~~ 178,000 Gulf Mob & Nor 1st 5%s ser 49 94 99 M 29 M 106 16% Jan. 105% Jan ." 5 7 104% Feb. Mar, 84 111 102 1952 __1973 85,000 251,000 510,000 93% May 12 Sale 80 101M — 5 Sale 106% 76% 82 (Japan)^s_:-1944 May 6 95 May May 24 May 3 111% May 9 May 23 103 May 23 36 75,000 Goodrich (B F) Co 1st M 4Ms.. 1956 J D 13,000 Gotham Silk Hosiery deb 5s ww. 1946 M 8 Gouv & Oswegatchie 1st 5s .1942 J D "8",606 Grand R & I ex 1st gu g 4Ms___1941 91 Sale _____ 12 O 1 101 May 22 5 105 May 19 2 67% May 29 24 23% Sale A 8 Sale 120 J May 104% May 64 May May r 25M J J May 29 Sale 99 97% May 101 108% Feb. 97 24 40 25M 99 May 23 1 103% May 28 Sale" 9% 9% Sale 124 M 25 M MN J • Jan., 102% Mar. Apr. 107 97 48 M 48 M May 111% Mar. 105% Mar. Jan. 106 M 106 M 106% May 5 106% May 29 20 22 May 21 16M 21 May 12 107 M Sale 106% May 1 108 May 28 89 53 M 109 112 27 "97% May" 15 66 M 108% Jan. 45M 23 M 23 M 111M —— jFonda Johnstown & Gloversv RR— * a (Am ended) 1st cons 2-4s... 1982 For footnotes, see page 30. 1 107% May 12 15 May 10 94 Sale 103 - 1st mtge gold 5s series C Apr. 106 1 1M May 27 1 May 103M 103M 102% May 46 102 — — Gt Cons El Pow 1st & gen s f g 6Ms 6,000 Great Northern Ry-—1st & refund 4 Ms series A 56.000 Gen mtge 5 Ms series B 99,000 Gen mtge 5s series C 66,000 109% Apr. 22 109% Mar. 19 21 _____ 52 M —1942 M 8 30-year deb 6s series B__ .1954 J D 5,000 43,000 Firestone Tire & Rubber 3 Ms.-1948 A O 1st gu g 5s 103 106 119 Feb. 28 M Sale 104 104M 62 M 64 57 87 92 M 47 Sale ♦iDebenture 6 Ms Feb. Jan. 43 140 98 M 136M 152 Sale 103 3,000 Gas & Elec (Bergen Co) 5s.. 1,000 AGeneral Elec (German) 7s 109% 108% 103% 104% 101 103% Apr. 46% Feb. 105 May 103% Feb. 19 105 12 "6 Mar. 20 119% Jan, 11 May 16 Apr. May 29 May 7 May 19 28 104% May 28 17 106 15 57 .... Sale 102 M Sale 102 M 1 110 May 106% 107% 108% 105% 111M Sale 110M Sale- 110% May 29 112 May 5 110M HOM 111M ----- 110% May 6 111% May 27 105 Sale 104 M 105 103% May 8 105 May 2 38 M 38 28 100 19,000 105,000 7M 89 102M 14",656 Sale 56M 99 I04M Sale O 1953 Grays Point Term Sale 90 D M 8 1942 M 8 1942 M 8 With iVA 6 72 M MN J 25,000 Fairbanks Morse deb 4s 1956 J D 25,000 Federal Lt & Tr 1st s f 5s__—1942 M S 80,000 105 May 105M 106 54 54M Sale 054M 53 X May 104 M 105 105M May 104 M 166" 104M 106" 104 May 107 H 108 106 M 107 M 107 H May 13 Sale 11M Sale 113^ May 12 M Sale 14 12 ys May 2 2 2M 2M 2M May 1996 4s Series D 6s International series.. First liens f 5s stamped 1st lien s f 6s stamped.— . , May 1 105% May 13 May 26 25 May 1 May 24 25 May 7 May 26 25% May 2 83 May 3 May 12 17M 108M 109 ;iim Sale 111 D 1953 A3d mtge 4Ms_._ ; AErnesto Breda Co 1st mtge 7s 26,000 7 15 105% May 13 108% May 2 106 % May 99 Sale 111 15 105M 105M 104 % 22 20 M 23 26 > 20M 22M 22 22 26 20M 23 79 82 82 M Sale 23 H 104% May 24 24 Sale 24 M 77 M May 3 May 8 May 3 May 19 Sale Prices Jani 101 1 Highest Sale Prices 119 May*~8 l09}i May"2l A~"o 110M MN *ARef & impt gold 5s ser 19271967 MN *ARef & impt 5s series 1930—1975 A O AErie & Jersey 1st s f 6s_____1955 J J AGenesee Riv RRflst s f 6s 1957 J J AN Y & Erie RR ext 1st 4s___ 1947 MN V- May 6 109% May 3 May 15 114 May 6 May 16 101 May 16 Y'£> MN ;.l996 a4s series B iGen Sale 25 108 109 M 3 * Alst consol gen lien 4s M 109 109M 108 M 104 104.M 103M Sale 106 105M 104 M 104 % Sale 108 107 % 107 Sale 105 - 12,000 161,000 99,000 J88* 107 Sale 7 16M 16 M 16 M 76 " * J D J D 3lM "35"' ASecond gold 4s 1995 J D 23M ; 38 Detroit. Term & Tun 1st gu4Mb 1961 MN 101M Sale Dow Chemical deb 2 Ms1950 M S 104 Sale Duluth Missabe & Iron Range Ry 3 Mb 1962 A O 107 107M 1* auuI So Shore & Atlantic g 5s_ 1937 J 15 M 3 17 M Duquesne Light 1st M 3 Ms 1965 J D 106 M Sale 720,006 f Sale Prices. 117 109 M Lowest 107 M 108 M 108 M 107M May 13 108% May 20 109 M Sale 1 110 HOM 110M 109 M May May 12 110 Sale 109 M May 14 110% May 2 }18K 110M 107 107 Sale 9 107% May M 107 M 1C6M May 1 Sale 108 109 M Sale 1 108^ May May 23 Sale 104 1 106 105M 105^ 104M May May 23 99 M Sale 100 99 M May 5 100 100 May 12 95 97 95 M May 96 8 96^ 96% May 15 Sale 16 % May 17 18 7 19M !8% May 29 18 Sale 16M Sale 15M May 19 18% May 28 18 X May; 1 18M Sale 20M 21M 21% May 27 17 M Sale 16 M May 18 6 7 17% May 17 8 May 16M "18" 16 16M 18% May 27 15 15 15M May 12 15% May 12 17 k May 27 19 16M "18M 1.H "I9M May 27 15 16 May 27 16% May 27 97 M Sale" 98 M Sale 97 H May 1 99% May 14 16,000 El Paso & S W 1st & ref 5s 1965 A f ■ } 5s stamped .1965 347",6o5 t AErie RR 1st con & prior lien 4s 1996 f / I Prior lien 4s registered--—.1996 . Sale Prices 117 117 MiV MN , ■ .4s* Highest • Eastern Ry M No Div 1st g 4s. 1948 26,000 Eastern Tenn Va & Ga 1st g 5s. 1956 Ed El 111 N Y 1st cons g 5s 1995 lT2",666 Electric Auto-Lite2 %s_ .1950 12,000 Elgin Joliet & Eastern Ry 3 Ms A 1970 < i08M 109 111 112M 111 101 100 M ... 17,000 103,000 Ask Bid 109 M 109M . , Bid RANGE SINCE JAN. Lowest May 31 May1 95 73 80 Jan. 5 9 3 6 3 8 28 20 23 15 Jan. 13 8 Jan. 23 Mar. 8 108% Jan. 14 104% Jan. 10 109 95 % Jan. Jan. 10 Jan. 14 Jan. 28 95% 105% 99% 87% 64 10 Jan. 14 Mar. 26 9% May 22 92% May 26 90 Apr.|24 Saks in Jan. 2, 1941 n. 7. stock exchange 65 25 illarpen Mining 6s .... .1949 33", 000 HockVal 1st con g 4%s -—1999 J J 40,000 Hoe (R) & Co 1st mtge,-.-1944 AO 14,000 t*iHousatonic RR con g 6s,-.1937 UN Sale 126 «. - ^ Sale 44 O J J J J J 87 87 35,066 ; Indiana 111 45 1st mtge gold 5s series 1st gold 5s series O a B 77,000 147,000 65,000 29,000 1,085,000 1,547,000 3,000 105,000 136.000 '' 64 , M 58 % 18M 8M J 1936 A A O J J 1960 J J — - IK 56 % 132,000 50,000 23,000 ALaclede Gas Lt ref ext 5s Ref & ext mtge 5s Coll & ref 5 %s series C Col &ref g 5%sser D Coll tr 63 series A Collatera Lake Erie & 47,000 27,000 trust 6s series B 5s 1937 extended at 88 44 M 46 X Sale 1M Sale Sale 92 M -- 31M 32M 30% 31M 67 M Sale 69 H Sale 107% Sale 44 M "76"" 74% May 18 , 5 May 15 38,000 25,000 52,000 23,000 .1961 J .1961 J iin 42% '?i* 107 % 92% Sale Sale 41% 68% Sale Sale Sale 72 44 M Sale 75 107% 108 Sale 92% 42% 41% 67% 70% 107% May May May May May May . 2,000 24,000 1,000 23,000 "7",600 88 77 82 162 107M 107 M Sale 104% —- 4 M S 93 M 95 1939 1942 1953 1960 1942 1942 93 M 92 M 96 Sale 59 M Sale 59% Sale, Sale 95M 62 Sale Sale 53 60 50 Sale 50 87 96 89 ■ -.1997 m 96% Sale 93 88 M 89% 93% 94% 62 3% 61% 96 95% 63% 62% 95 53 59 Sale 62 49 -—1944 il?t & refunding 5s...------1954 45s stamped 1954 59 63 56 J 65 M 62 27 Sale 69 M 68% 64 66 Sale 67% 95% 69% 68 % 96% O 92 5 36 94 Sale 61 80 M 94! 33 42% Sale 98 1 Feb. Jan. May 28 95 Sale 96% 41% Feb. Mar. Mar. Jan., 51 37 M 37 M 43 M 43 A 34 40 42 45 1964 AFirst & re sinking fund 5s—1974 FA a5s stampe i_ 1974 ASec 6% note3 extend to 1943 j""j a6s stamped —- — 1943 34 42 45 - 5s.---1954 FA ext...1950 J -.2003 4s registered 2003 4Ms stamped modified—.—2003 4M® registered 2003 5s stamped modified 2003 Lehigh Valley Term Ry ext 6s--1951 Lexington & East 1st gu 5s 1965 For footnotes, see page 30. May 9 9 1% Apr. 58% Jan. 10 99 May 21 49 Jan. J an. Apr. Apr. 1955 1944 -1951 1952 1962 1946 —1952 1950 J 42 63 M 40 ; 42 34 80 85 90% 90% 46% 47% 34 80 87 43% Sale 46% Sale MN MN 42 27% Sale 44 45 45 45 Sale 63% Feb. 20 69 Feb. 18 7 109 107% Jan. May 31 103 109% Apr. 88 161 May 106% May 15 May 26 108 May 104 4 „ 1 May 7 May 14 1 1 92% May 61 % May 61 May 27 May 3 59% May 22 95% May 21 95 May 8 66 May 9 65 May 9 58% May 10 62% May 13 A O 119 Sale 116 J 118 26 30% 55 .— 105% 105% 105% 119% 125% 96% MN 119% Sale 124% 125 98% Sale 100 100 F A J D 104 M 104% 48 104% Sale A O 7 Feb. May 28 17 91 May 14 86 Mar. 15 168% Jan. 21 108% Jan. 27 108 Apr. 9 105% Jan. 13 3 4 Feb. 10 97 Mar 1 92% May 56% Feb. 17 14 57% Feb. 20 9 65 2 26 May 68% 66% 95% 41% May 1 May 19 May 2 May 14 28 May 12 70% May 14 69% May 12 96% May 27 92 96 25% 95% 96% Jan. May May 3 43 49 {May 43 % May 43 May 44 7 May .12 May 2 May 43% May 46 May 44 * May 46 May 19 3 13 12 19 43 , 8 Jan. Jan.' 2 60 50 Jan. 2 62% May 13 82 Feb. 17 95 Jan. 3 90% May 14 8 100% May 90% May 26 86% May 26 95 f' * Jan: 2 Jan. 9 95 44 37% Feb. 15 35 1 Feb, 19 49 36 > ^ 35% Feb. 19 33 Feb. ' ' 17 . Jan. 45 'f 1 32 ' 7 Apr. 24 •33% Feb. Feb. 25 70% May 14 Feb. 14 69% May 12 7 96% May 27 Jan. 25% 62% 60% 93% j. Mar. 11 91% Apr. i . 36% Feb. 17 42% May 9 9 66 49 15 44 Feb. 18 46 f !. 13 I Apr. 30 Apr/ 2 May 19 May 3 May 13 Apr. 8 May 19 43 Jan. 3 85% Mar. 28 97% May 21 49 Apr. 3 43 Feb. 7 52 85% Mar. 28 82% Jan. 14 105% May 6 119% 119% May 20 May 2 126% 125 98 May 28 99 105% May 23 119% May 1 126 May 7 100 May 12 Sale 30% 106 M Sale 122 % 123 130 M 131 98 O 4 16% Jan. 14% Jan. 17% Jan. 20 Feb. 19% Jan. 48% Jan. 29% Sale 53% J A Feb. Anr. 24 3% Jan. 94 29% May 7 27% May 9 32% May 7 30% May 6 35% May 12 55 May 28 24 33% 51 O * 81% Feb. 106% Anr. 106% May 102% Mar. 26% May 23 24% May 28 28% May 26 29 May 2 33 May 29 53 May 3 Sale 25% 29 Sale A 110 Jan. 97% May 21 48% May 13 49% May 22 27 Sale 49 F 14 81% Feb. 161 Apr. 5 1 1 Sale 31 27 O f7* Sale Sale ..... 26 A "47" 92% 100 47 48% 48 48% 15% MN A * * » 18% Mar. 13 77% Jan. May 14 90 15"" "22 " 14M MN MN 1 95% Jan. 29 46% Apr. 29 45 May- 6 69 May 23 6 75% May 92% May 27 32% Jan. 3 32 Jan. 6 77% May 50 47 A 34,000 Libby McNeil & Libby 4s 98,000 Liggett & Myers Tobacco 7s 5s debenture 56,000 61,000 Lion Oil Ref conv deb 4 Ms Little Miami gen 4s series A 29,655 Loew's Inc s f deb 3 >5 s Lombard Elec 7s sen sA 40,666 a Long Dock Co 3 Ms ext to 104% May 27 104% Jan. ; 2 79% Mayi 6 91 May 28 47 May 9 Feb. 80 47 A refunding 5s_.._ —-v-1964 6 Mar. 89 Jan. 91 7 May May 28 110 90 F A Jan, 21 16% Apr. 1 1% Mar, 31 16 Apr. 2 16 Apr, 3 51% Jan. 13 Jan. . 91 F A5s stampe I 103 Jan. 86 88% 88% May 22 90% May 14 89% 8 8 100% May 100% 100% 100% May 99% 100 6 90% May 26 92% May 92 90% 92 92% 88 86% May 26 86% May 26 87 89 27 Sale 28 J 6 Jan. 101 Feb. 88, F si 106% Mar. 26 7 107% Jan. Mar, . Co Ltd— a 1st mtge income reg.Dec 31 1975 Lehigh Coal & Nav 4 Ms ser A—1954 Cons sink fund 4 Ms ser C 1954 Lehigh & New Eng RR 4s A 1965 A Lehigh & N Y 1st gu g 4s 1945 M Lehigh Valley Coal— A 3 J —1941 g3%s—1997 3Ms registered 33 78 Mar, 101 101% May 101%, May 31 101% 102 M 101% Sale 109% May 6 109 M 109% 112 "69 M 25 25 69% 79 1 77 H Sale 80% 77% May 87 92% 90% May 6 §9% 90M 80% 83 161 May. Sale 162% 170 161 106% 109% 106% May 14 106 % Sale 109 M 106% 108% 106% May 20 107% Sale 103% May 2 104% 104, — 84 121,000 Lehigh Valley (N Y) 4M« Lehigh Valley RR— 4 s stamped modified 848,000 10,000 335,000 51,000 May 6 May 6 May 23 May 6 May 6 14 14 23 10 .1961 J 225,000 Leh Vail Harbv Term 1st 15,000 612,000 May 19 5 5 10 May 10 May_10 Jan. 8 Feb. 4 20% Mar. 28 3 , 27 93 20 46% 45 21 5 69 27 75% 5 108% 4 51 48 Mar. . aa 29 10 .1961 J 15s stamped 20,000 20,000 15% Jan. "6 19% May 12 Lautaro Nitrate 115,000 May 60 3 3 8 „ 10 21 Jan, Jan. 65 Mar. 20 Feb. 14 . 42% 94 M Sale 16 102M 103 109% 28 75 72% 78 3% to..—1947 2d gold 5s < 40% Jan. 37% Jan. 25 Mar, 74 Jan. May 10 May 10 IX 54 M 98 M 13 X 79 98 M 55 60 9 Mar. 21 44 58 51 48 28 9 47^1 May 6 63% May 2 May Sale 1?H Sale 97 M 95 Western RR— 65,000 Lake Shore & Mich Sou 15,000 Sale 16 .1946 M S J .1987 J 4%s unguaranteed A O Kings Co Elec Lt & Pow 6s— .1997 8,000 Kings Co Lighting 1st ref 5s—_ .1954 .1954 1st & ref 6%s 2,000 M S 58,000 Kresge Foundation 3% notes— .1950 13,000 Sale 1:. 63 16 43% Jan. 43% Jan. 10 10 46% May 55 May 49 May 80% Feb. 64 Apr. 61% Jan. 47 Feb. 47 Feb. 51 % Feb. 51% Jan. 18% Mar. 13 .1943 t Kreuger & Toll class A— a 58 Uniiorm ctfs of deposit.-1959 19,000 45% May 14 59% Mar, 18 58% Apr. 15 63% May , 10 60% May 3 46 May 6 45 May 2 47% May 9 46 May 13 May 24 15% May 6 May 6 12% May 22 Sale May 1 39% May 27 81 83 2 May 28 86% May Sale 6 104% May 27 103% May Sale 7 104% May 28 103% May 79 M May , 6 9 79 78% May 91 92 M May 28 May 22 47 41 Sale May 9 May 49 43 Sale May 9 May 1% May 14 1% May 14 54 6 May 29 55% May 99 May 21 2 97% May 12 X 12 M Sale Sale Sale 47 % May 12 v ~3",66O 109,000 262,000 Sale Sale J stpd (par $645) — 1943 stpd (par $925)... .1943 87,000 ?Keith Corp (B F) 1st ser g6s— 7,000 Kentucky Central 1st gu 4s Kentucky & Ind Term 1st 4%s. Stamped —; "i",666 Plain 10,000 * Sale 78% 47 X May 46 May 2 15 27 20 2 9 13 107 103 M 104 X 103% May 6 104% May 15 99 99 M 101 May 9 100% May 13 99 % May 17 99 98% May' 1 100 16 13 May 6 12M 12% May 29 May 5 May 1 IK Sale 85% Sale 103 M 103 H 104 M 104 M 103 % Sale ' 85M 59^ May 44 X May 45 May May 10 80% May 2 44 -May 15 16M 45 X 84 48% May 12 Jan. Jan. 38 39 49 48% May 15 73 M 15 Sale 28 13% Jan. 9% May 38% Jan. 39 Jan. 47%, Jan. 35% Jan. ,78 Jan. 45% May 14 46% May 10 55 May 10 w w w w an 80 X May 62 May Sale 29M 75M 18 19 Sale Sale J 21 1 48% May 12 12 Sale 29M . 98 « Sale O O With warrants (par $925) , 103 % 104 99 % Sale Sale . 100% Mar. 27 102% Mar. 11 May 16 92 Jan. 10 95 Mar. 20 88 Mar, 6 90 89% Feb. 1 93 % May 21 93% May 1 89% Apr. 29 47 % May 3 50 74M Sale 2 15 45M 106% O 1952 1956 1956 1944 20 : 46 Sale 45 15M 45 M May 44 M May 43 M May 93 X May 43 % May 20 52 M May 19 44 % May 1 60 K 45 % 48% Sale , Sale 46 . 14 1990 A Ctfs 63 H 65 93 X May May 3 May 28 93 7 129% Feb. 93% May 10 Apr. 3 65 103% May 15 36% May 31 127 Jan., 8 48% Jan. 28 avxar. 95 62 M 59 X 44M 49 \ 60 D Ctfs 60" 63 % 65 , 63" Sale 1961 A 95 95 55 H James Franklin & Cleart 1st 4s.. 1959 J J Jones & Lauglin Steel 3 Ms a 49 49 Sale A 47 46 A.-.1947 J J Refunding 6s series A 1955 M S Int Rys of Cent Amer 1st 5s B 1972 M N First lien & ref 6%s 1947 F A Internat T & Tdebg4%s 1952 J J F A Deb go\d 5s 1955 M S t Alowa Central Ry 1st & ref 4s..1951 Kan City Term 1st 4s Karstadt (Rudolph) Inc— 65 58 M J 1952 t*aK C Ft S & M ref g 4s A Ctfs of dep (Bankers Trust). 1950 Kan City South 1st g 3s_. Ref & Imp 5s April 1950 Sale 62 M 41% Sale 37 M Sale 25 35% 71H 74 1941 Kanawha & Mich 1st gu g 4s Sale 80 % Sale 5,000 304,000 82,000 69,000 181,000 77,000 46 M 80 M 52 V Intern Paper conv 5s series " Sale 43 M 40 o - 54 65 60 % 46 45 O a 53 M 44% 8 Sale 315,000 Internat Hydro El deb 6s 250,000 Int Merc Marine 1st s f 6s Sale 53 61 49,000 t Alndianapol & Louisv 1st gu 4s. 1956 Indianapolis Union Ry— Ref & impt mtge 3 %sser B—1986 M S 1961 A O 160,000 Inland Steel 1st mtge 3s ser F O 111,000 Inspiration Consol Copper 4s 1952 O 79,000 Interlake Iron conv deb 4s 1947 98,000 97,000 Sale 43 M 44 M 62 % 75 ——— 191,000 X a Internat Gt Nor 1st 6s A a Adj mtge 6s series A.July 1 62,000 44M 44% 43% 1963 1963 1948 & Iowa 1st gold 4s—1950 4 %s series O Allseder Steel Corp 6s 45 M Sale "60"" 62 48 Joint 1st & ref 5s ser A 1,106,000 Sale 70 46 % 45 M 53 111 Cent & Chic St L & N O— 1,809,000 "95"" 30 43 k 61M 93 92 70 y\ 101 % Jan. May " 1 May 16 102 95 94 M May , 85% Apr. 56 Jan. , Sale 78M 55"" 97 44% - 1 !01M May 3 26% Feb. 121% Mar. 43% Anr. 9M May 21 92" , L4i May 31 May 14 May 21 1 10K May 1 1 43 M May Sale 94 M 43 M Sale 36 May Sale 45 % , % May 29 , May 22 93 X May 10 63 % May 8 May 15 121M May 15 93 % 30 46 38% Sale 39% Sale 38% Sale 40 36 % 49 % 47 M — 102 5 May 26 2 129 89 M May 1 62 May 22 Sale" 94 ! , 94 M 64 % 1 "94" 88 70 110 30 Jan.' 104^ May 128"" May Sale Sale Prices 73% May 5 50 Apr. 29 90% Apr. 21 Apr. 21 1 Mar, 13 104% Apr. Apr. 12 111% Jan. .17 Jan. 5 1 100 94% Sale, 91 i* 1 102 Sale 102 149,000 Illinois Bell Telep 2%s series A—1981 4,000 Illinois Central 1st g 4s 1951 J 4s registered —1951 J "¥,066 1st gold 3 j^s.-----1951 J 13.000 Extended 1st 3%s 1951 A O M S 1st gold 3s sterling 1951 261", 000 Collateral trust gold 4s 1952 A O M N 966,000 Refunding 4s .1955 60,000 Purchased lines lst3Hs. 1952 J J 404,000 Coil trust gold 4s 1953 M N 627,000 Refunding 5s 1955 M N 1,744,000 40-year 4%s 1966 F A 7,000 Cairo Bridge gold 4s 1950 J D 7,000 Litchfield Div 1st g 3s —1951 J J 1 J Louisv Div & Term g3%s—1953 J 34,000 42,000 Omaha Div lstgs3s 1951 F A St Lou Div & Term g3s— 22,000 1951 J J 5,000 Gold 3%s— —.1951 J J J J 5,000 3%s registered 1951 J J Springf Div 1st g 3 %s— -----1951 Western Lines 1st g 4s 1951 F A 12,000 F A 4s registered ; 1951 73 H May 49 K May 46 M May 16 9M Sale Sale 10M 11% 10% A . Sale 27% Sale D MN F A ! Sale 101% MN J ; 100f> Sale Sale Prices Sale Prices Sale Prices 70 May 15 71M 47 85' 127 H 136" 128M 93 M 89 M Sale 62 M 62 % 66 103 M 102 % Sale 36M 29 M Sale 122 121 123 44 M 44 Sale, 127 91 56 Ask 71 Highest Lowest Highest Lowest 104% 104 % 104 X 104 M 104M 104 M May 109 May 109 109M 109M 110 110% 111% J J 85 91% 100 104% 104% J Gulf & Ship Island 5s stpd—--.1952 J Gulf States St'l 1st mtge 4%s—1961 A O 35,000 Gulf States Utll 3%« series D.--19B9 M N Bid Ask Sale Sale 72% 48 M J 20",66o 34,000 Houston Oil 4%s debs -.--1954 1,119,000 Hudson Goal 1st s f 5s series A.,1962 14,000 Hudson County Gas 1st 5s 1949 382,000 Hudson & Manhat 1st & ref 5s A 1957 270,000 A Adjust Income 5s __Feb 1957 Sale 37 J 206,000 Gulf Mobile & Ohio 4s series B—1975 AOen mtge inc 5s series A., 281,000 2015 Bid Ask Bid May 31 May 1 JAN. 1 RANGE SINCE PRICES IN MAY Price BONDS May Value EXCHANGE—BONDS N.'-Y. STOCK June, 1941] 29% 33% Sale 118 96 May 46% May 47% May 117 Jan. 13 29% May 7 28 Apr. 4 »5 7 3 32% May 13 30% May 6 35% May 12 57 Jan. 10 Jan. 21 Feb. 28 120 106% Jan. 2 104% Feb. Jan. 9 119 Apr. 10 123 Jan. 16 124 Apr. 12 131 May 12 95 Feb. 28 100 100 30 Sale 22 104% 104% 104% May 1 104% May 16 26 95% Sale 95 May 17 95% May 31 Jan. 14 105 Mar. 24 30% Jan. 93 Apr. 104 Jan 17 96% Feb. 28 8 18 . 1 26 N. Y. STOCK EXCHANGE-BONDS Sales in May Price Jan. 2, BONDS Value N. T. STOCK EXCHANGE Bid Long Island unified 4s 1949 1949 1949 1944 Guar ref gold 4s 172,000 62,000 4s stamped 23,000 Lorillard (P) Co deb 7s 5s debenture 48,000 -.1951 163,000 Louisiana & Ark 1st 5s sories A_ 1969 28,000 Louisville Gas & Elec 3 Ms 1966 6,000 Lou & Jeff Bridge gu g 4s 1945 _ M 8 M 8 M 8 A O 22*066 9,000 1,000 1,156,000 82,000 132,000 33,000 1st & ref 4s ser D 128 84 109 M 8 104 99 93 3* series E 2663 Unif mtge ext 33*s series A-.-1950 Unif mtge ext 4s series B 1960 1st & ref 3 ?*s • Sale Sale 1093* 111 1033* 2663 ... 1293* J Sale 94 Sale 1043* Sale 1083* Sale 1063* Sale 873* 89 88k Paducah & Mem Div 4s —1946 St Louis Div 2d gold 3s 1980 M 8 Mob & Montg 1st g 43*s—...1945 M S South By joint Monon 4s—..1952 J J Atl Knox & Cin div g 4s 112 883* 89 1955 M N A Lower Austrian Hydro-El 6 Ms -1944 F A 1083* McCrory Stores Corp deb 3 Kb--1955 tiMcKesson & Bobbins deb 53*sl95U 1053* 1053* 1043* Sale 743* Sale 47 3* 50 A O MN Maine Central BB 4s series A—1945 J D Gen mtge 4 3*s series A Manati Sugar 4s s f Manila El By & Lt 1st 5s 1960 J D Feb 1 1957 MN ..1953 M 8 68 203* 243* 86 89 44,000 Stamped 1,000 ♦iMarket Street By 1st 7s-Apr 1940 J 23,000 (Stpd mod) 5% ext to —1945 A 6,000 Mead Corp 1st mtge 43*s 1956 M 8 86 2,208,000 144,000 317,000 24,000 103,000 302,000 a 1st & ref 5s series F a 1st & ref g 5s ser G a Certificates of deposit.. 1978 MN a Convertible gold 53*8— 1st ref gold 5s series H a Certificates of deposit 1949 1986 1st & ref 5s series 1 1981 FA a a 60,000 1,145,000 a 1977 MN Certificates of deposit.. MN A O Gen A ref s f 43*s ser O. Gen & ref s f 5s ser D 302,000 Morris & Essex 1st gu 33*s Constr M 5s ser A 472,000 ... Constr M 43*8 ser B 486,000 25,000 Mountain States T A T 3 3*8 2,000 Mutual Fuel Gas 1st gu 5s 113,000 356,000 87,000 95,000 35,000 1,000 "lb",006 48,000 94,000 23,000 2,000 18,000 50,000 71,000 27,000 26,000 National Steel 1st M 3s Nat 663* 953* N J Pow A Light 1st 43*s New Orleans Great Nor 80 96 Sale 1063* 283* 55 253* 15 16 Sale Sale 593* 273* Sale 73 63* 7 13* 3* 13* 1 83* 63* 83* 13* Sale 8 93 2 Sale Sale J D MN J F A 1960 A O 5s ser A. 1983 N O A N'eastern ref 43*8 ser A.1952 New OrleansP S 1st A ref 5s A.. 1952 1st A ref 5s series B 1955 29 Sale 33* ----- 953* 663* 1063* 383* 57 43* 30 ' 213* 323* 203* 203* 31 353* 34 8 23* 13* 23* 3* 2?* 13* 103* 113* 103* 33* 13* 103* 123* 113* 25 Sale Sale 255* 103* Sale Sale 23?* 233* Sale 2 Sale 13* Sale 193* Sale 193* Sale 203* Sale 193* 3* Sale 203* Sale 193* 233* Sale 243* Sale 233* 253* 1 13* 243* Sale 233* 25 19k Sale 24 "813* 233* 833* 543* Sale Sale Sale 873* 453* 79 53 Sale 1093* 1103* 693* Sale 1043* 1063* Sale 106 1063* Sale 85 A* Sale Sale 24?* 853* 563* 44 70 MS* 67 65 Sale J J A J O 63 106 J D 1053* Sale 843* 87 37 373* 303* 253* 263* 123* Sale Sale 27 Sale 213* 22 203* 23* Sale 21?* Sale 203* 213* 22 223* 203* 13* Sale 22 223* 203* 233* 213* Sale 203* 213* 80 843* 533* 593* 10?* 113* 10?* 3 3* ll3* May 6 123* May 7 12 May 6 43* May 13 13* May 10 653* May 8 89 May 8 40?* May 13 May May May May 13* May 65 May 843* May 37 May 22 27 16 12 27?* May 245* May 255* May 103* May 213* May 21 May 13* May 213* May 21 May 223* May 213* May 13* May 22?* May 225* May 213* May 213* May 793* May 55 May — - 323* May 12 273* May 12 28?* May 10 14 May 13 28 28 26 29 28 27 28 27 26 28 24 28 16 25 May 6 24 May 7 2?* May 10 25 May 6 243* May 6 25?* May 6 243* May 5 13* May 12 26 May 6 24?* May 25 May 24 May 83?* May 56?* May 13 May May May May May 27 43?* May 23 425* May 39 26 May 26 1083* May 27 1153* May 68?* May 28 713* 103?* May 1 l643* May 27 104 102?* May 16 1033* 105 May 1 1053* 853* May 853* 5 103 May May May May 75 75 May 1083* 108?* 1083* iosk 1083* May 78 Sale 76 793* 773* May 70 72 71 71 723* May 106 105?* 105?* May Sale 106 106 106 May 603* Sale 0 9 7 9 Feb. 105?* Mar. 21 May 101 %lV» 92 Jan. 10 Mar. 96?* Jan. 11 86 May 91?* Jan. 105?* Feb. 13 13 1033* Jan. 105?* Apr. May 853* Apr. 1093* Jan. 31 1063* Feb. 24 104 h 88 112 90 111 Feb. 88 Jan. 109 May 105 Jan. 103 Feb. 48 Feb. 28 Feb. Feb. Feb. 25 Jan. 11 Feb. 14 Jan. 18 1 Feb. 8* 13 23 13 9 27 Jan. 22 Feb. 11 31?* May 6 973* May 27 May 27 883* Jan. 86 Jan. 1055* Jan. 1135* May 803* May 53 May 363* Mar. 743* Jan. Jan. g* 783* May May 105 h Jan. 73 Jan. 8 Mar. 19 Jan. 107 25 109?* Apr. 23 1123* Feb. 21 54 May 1 25 69 Jan. 13 3 5* Apr. 6 Jan. 24 Feb. 19 30 Feb. 19 Jan. 16 70 Feb. 14 955**Apr. 24 Mar. 64 5 993* Mar. 1 703* Jan. 14 Feb. 11 Jan. 31 283* Jan. 2 453* Apr. 4 9 65) 36) 103 263* Jan. 8 15 2 Jan. 25 Mar. 12 6?* Jan. 8 1 3& Jan. 107 Aor. 3 Mar. 27 Mar. 31 Mar. 31 2 Mar. 28 123* 133* 12?* 53* Jan. Jan. Jan. X4, 25 Mar. 28 3 21 Feb. 53 Jan. 22) 31) 10) 3* May 23 Jan. 2 Jan. Mar. 19 Mar. 19 Mar. 19 Apr. 9 Apr. 9 693* Mar. 13 775* Mar. 243* Jan. 89 May 8 405-4 May 13 12?* Jan. 2 323* May 12 11 Jan. 2 113* Jan. 33* Jan. 2 273* May 10 28 h May 10 14 May 13 2 19?* 195* 1 ?* 193* Feb. 19 Jan. 8 Feb. 14 Feb. 14 19 20 25 Jan. 6 26 Apr. 3 Mar. 31 Apr. 5 Apr. 29 Apr. 3 3 Apr. 193* Jan. ?* Jan. 3 25 Mar. 27 20 Jan. 3 20 Jan. 193* Feb. Jan. 19 Jan. 243* 2?* 253* 243* 3 3 13* Jan. 1085* 1103* 102 3* 623* 39 39 10 26 Apr. 3 18 24 h May 5 14 3 253* Apr. 29 24 3a Mar. 31 86 3* Apr. 23 57 Apr. 4 793* May 28, 53 Feb. 2l! 37 13 13 12 27 May May May May May 12 May 120 "60" JS* Jan. Jan. Feb. 2 111 Apr. 17 21 113 Mar. 20 17 1063* Jan. 13 May 23 85 " Apr. 1 May 6 50 Apr. 3 May 6 39 May 6 65 533* 55 533* 603* 1225* 123 122 1243* 124?* 1243* 1243* 124 573* 122 J 13* 663* 693* 69 Sale 693* 103?* Sale 1043* 1043* 1033* 104 103 103 3* 103. Sale 1033* 1033* Sale 105 1043* 105?* 90 813* 82 89 51 63 106 66 4 65 353* May 6 213* May 5 31 May 6 93* May 12 2?* May 7 13* May 12 Sale 40 Sale 39?* Sale 403* 405* 40 Sale 35?* 363* 355* 108 108?* 1083* 1085* 108 1153* 116?* 1153* 116 1153* 120 4534 Sale 17 29 593* Jan. 343* May 16 203* May 16 31 May 6 8 May 31 2?* May 24 3* May 23 41?* 403* 373* 124 443* 1273* 1303* May 12 May 6 May 1 May 6 - 65 Mar. 29 128 67 May 7 983* May 28 693* May 9 107 May 26 40 1105* 1113* 1103* May 6 1103* May 23 1123* Sale 1123* Sale 111?* May 23 112?* May 1 1053* Sale 106 1063* 1053* May 1 1063* May 27 73?* 66 63?* 623* May 23 68?* May 403* 75 75 39 May 6 403* May 79 39 39 May 6 May 65 303* 803* 24 6 27 27 8 29 15 66?* 9 Sale 123 30 20 Sale 19 Sale 58 11 Sale 53* 67 36 12 Sale May May May May May May 54 75 ' 63 75 973* 963* 983* 973* 693* 663* 673* 663* Sale 106 1065* 106 37 40 37 42 27?* 33* 95 May 13 111 May 22 57 May 1 May 15 43* May 19 53* May 31 59 58 273* 83* 23* 13* May 1 May 23 May 13 May May 5 26 Sale 193* 14 119 A nr. 86 44 31 "97" 96 For footnotes, see page 30. May 1 105 May 1 113?* May 3 803* May 15 53 May 31 33 1113* 1103* 1113* 110 54 Sale 80 Sale J J 313* 973* 123* 78 Sale D 90 72 243* 3* 553* 42 J 34 103* Sale 113* Sale 103* 113* 33* 43* 1 13* 65 53* 663* 843* Sale 373* Sale 36 J 523* ..... 383* MN 493* 63* 1955 M N 1955 M N 1965 A O J D 80 Mar. 10 112 110 2000 Supply 1st mtge 3 ?*s 1954 1 a Naugatuck RR 1st g 4s 1954 Newark Consol Gas 5s— 1948 t a New England RR cons 5s guar1945 a Cons guar 4s .1945 New England TAT 30-yr 5s A. 1952 1st g 43*s series B 1961 N J Junction RR gu 1st 4s 1986 2 1 Sale 1955 Nashville Cha„ A St L 1st 4s A.. 1978 F A Natl Dairy Products 334s 1960 J D Nat Distillers Products 33*8 1949 M S 16 893* May 28 1105* May 1103* 783* ..1955 1968 J D 1947 M N 1053* 105 1133* 1105* 81 793* 793* 513* Sale 49?* 323* Sale 323* 81 873* 403* 72 105 113 Sale 79 363* 153* 943* 6 5 28 13 28 8 9 13 96 27 105 1103* May 993* May 933* May May 105 May 106 May 105?* May 88 May Sale 51,000 Certificates of deposit 19 11,000 ♦a Mo Pac 3d 7s ext at 4% July 1938 j" J 80 9,000 Mohawk & Mai 1st gu g 4s 1991 M S 50 Monongahela West Penn Pub Serv1st mige 43*s 16,000 .1960 1083* 6s debentimes 53,000 1965 111 218,000 Montana Power 1st & ref 33^8—1966 106 3* 11,000 Mont Tram 1st & ref 5s series A.1941 723* General & refunding 5s A.....1955 3,000 42 Gen & ref 5s series B 4,000 1955 42 a 108 108 1053* 88 68 23 102 110 Sale 53* Jan. Jan. 28 104 125 Sale 743* 77 253* 22 28 22 22 27 17 5 7 1 120 May 6 31H May 7 973* 94 Sale 94 963* 973* May 1 973* 85 79 783* May 8 783* "75"" 773* 73 "73k 77 May 22 753* 1063* 1063* 1063* 1063* 1063* May 9 1065* 60 Sate Prices 983* Jan. 993* Jan. 993* Jan. 4 823* Jan. 87 h May Mar. 1083* May 31 110 2 1093* Jan. 107?* Apr. 97 963* 963* 1193* 1193* 1193* 1243* 1243* Sale Sale 853* 1083* 1083* Sale Sale 973* 1193* 1233* 853* 1093* 1073* 32 Sale 55 Sale Prices 955* Mar. 10 95?* Mar. 4 973* May 97?* May 1193* May 14 125 May 12 87?* May 9 1093* May 5 108 May 14 81 30 . Sale Prices 20 15 20 6 23 31 14 27 44 — 96 97 1 Highest May May May May May May May 973* 27 Manila RB South Lines 1st 4s—1959 MN 3,000 t*iMan G B & NW 1st gu 33*8-1941 J J 13,000 Marion Steam Shovel s f g 6s 1947 A O 40,000 Metropolitan Edison 43*s ser D.1968 M 8 14,000 Met Water, Sewer & Drain 53*8.1950 A O 18,000 *t AMet West Side Elev (Chic) 4s 1938 F A A Miag Mill Mach 1st s f g 7s...1956 J D Michigan Central BR— JackL&S gold 33*8 1951 M S 1st gold 33*s 28,000 ...1952 MN Ref & Imp 43*s series C 28,000 1979 J J 86,000 Michigan Consol Gas 1st M 4s 1963 M S a Midland of N J 1st ext 5s... 1940 22,000 J D X Milwaukee & Northern RR— * a 1st ext 43*8 1939 D * a Con ext 43*8 13,000 1939 J D 56,000 1A Mil Spar & N W 1st gu 4s 1947 M S 10,000 iaMUw & State Line 1st gu 33*s 1941 J J 41,000 |AMinn & St Louis 5s ctfe__ 1934 M1V a 1st & refund 14,000 gold 4s 1949 M S a Ref & ext series 5s A 16,000 1962 Q F $Minn St Paul & Sault Ste Marie ♦Alst cons 4s stamped 610,000 1938 J *Alst cons 5s 136,000 1938 J * Alst cons 5s grd as to int 143,000 1938 J a 1st & ref 6s series A 13,000 1946 J a 25-year 44,000 g 53*s 1949 M 8 Alst ref 5 3*s series B 36,000 1978 J J 14,000 1 AMissouri-Illinois RB 5s ser A. 1959 1,072,000 Mo Kan & Tex 1st g 4s ..1990 Missouri-Kansas-Texas RRPrior lien 5s series A 1,913,000 ..1662 439,000 40-year 4s series B 1962 Pr lien mtge 43*8 ser D 709,000 1§78 ACum adjust 5s series A Jan 1967 758,000 J iMIssouri Pacific RR Co— Alst & refund 5s series A 462,000 1965 F A a Certificates of 31,000 deposit a General 4s 402,000 1975 M S Sale Prices Ask Lowest 103 1023* 1033* 1033* Sale May 973* 983* 973* May 983* Sale 93 923* 923* May 943* 923* 87 86 87 863* May 105 Sale 1043* 1043* 104 May 1053* 106 1063* 1083* 1053* May 1043* 1053* 1053* 1053* 1043* May 90 863* Sale | 87 863* May 106 111 108 1103* 88 893* 893* 893*1 89 May 109 1103* Sale .1083* 110 May Sale A 96 Highest 963* Sale F Ask Bid 97 983* 122 M 5 Bid RANGE SINCE JAN. Lowest May 31 May 1 Ask 97 H 97 H J Louisville & Nashville RR— 1st & ref 5s series B 60,000 ----2003 1st & ref 43*s series C 123,000 2003 18,000 85,000 115,000 2,000 7,000 10,000 PRICES IN MAY 1941 55 May 583* May 1223* May 124?* May 75 May 108?* May 80 May 723* May 1063* May 1063* May 20 Jan. 2 36 Jan. 2 30 H Jan. 2 43?* May 6 42?* May 13 May 13 1075* Mar. 4 1093* Jan. 28 1153* Apr. 18 117 Jan. 21 68 Feb. 102 72 Mar. 103 May 1013* Apr. 103 5* Apr. 107 15 14 15 7 124 Jan. 67 Jan. Jan. 1053* Jan. 1053* Jan. Jan. 24 60 Apr. 4 3 60 K Apr. 1275* Jan. 1313* Jan. Jan. 65 28 1063* Jan. 21 8 863* Apr. 82 3* Jan,. 120 Apr. Jan. 50 70 Jan. 1043* Feb. 11 104 3* Mar. 21 2 106?* Jan. 45 5* Jan. 122 Apr. 123 3* Apr. 15 39 75 Jan. 8 20 10 27 1083* Feb. 80 May 15 723* May 14 16 106?* Feb. 4 3 106?* Apr. 16 - N. Y. STOCK june, 1941] Sales in PRICES IN MAY Price May BONDS Jan. 2, Value N. T. STOCK EXCHANGE 1941 Ask Bid $ 90,000 New Orleans Term 1st 4s guar. .1953 28,000 |*in o Tex & Mex income 5s__1935 1,000 ^Certificates of deposit ---102,000 iFirst 5s series b 1954 15.000 ACertificates of deposit-------19,000 Alst mtge gold 5s series o 1956 ACertificates of deposit.-—- — 53", 666 Alst 4%s series d 1956 ACertificates of deposit ---222",000 Alst 5%s series a 1954 9,000 ACertificates of deposit Newport & Cine Bridge co— General gtd 4%s 1945 New A f j 136",000 47,000 753,000 87,000 147,000 167,000 9,000 41,000 23,000 2,000 6,000 a 40 ip 32 34 42 Sale Sale o o 59 m a O 64% Sale 2013 2013 ms----------1952 AfN 63 87 Sale Sale Sale 81m 99 m 100 m 66 m Sale 81 60 Sale 62 81m 81m 70 80% Sale Sale "63"" 64 Sale 57 m 59 m a o f a a o a o A o j D F a i aN y New Haven & Hartford— ANon-conv debenture 4s 1947 Af ANon-conv debenture 3 Ms. - -1947 a ANon-conv debenture 3 ms 1954 a 8 o o j J afn J j J 1955 4s --1956 AConvertible debenture 3 ms—1956 ^Convertible debenture 6s 1948 6s registered 1948 J j ♦iCollateral trust 6s 1940 a o a Debenture 4s 1957 AfN Alst & ref 4%s ser of 1927----1967 j D 1 a Harlem r « Pt Ches 1st 4s-1954 afn t an y Ont & West 1st g 4s 1992 m s AGeneral 4s 1955 J d un y Prov & Boston gen 4s... 1942 a o n y & Putnam 1st con guar 4s. .1993 a O n y& Queens el lt & pr3%s_-1965 mjv New York Railways Corp— Prior lien 6s stamped 1958 J j n y & Rich Gas 1st 6s a 1951 afn J j a--1974 1974 100 m Sale 57 m 55 60 108m 109 m 110m Sale 125m 118m Sale 26j£-8ale 100 50 57 95 99 90 79 91" 17 m 19m 15m 16 Sale Sale 15 18m 21m Sale 32 49 j J a o mn F a 51m 108 25 62 110% 91m Sale 108 Sale 108 m 44 103 % 53% 57 m 93 % 90 m 93 47 Sate~ Sale 59 100 98 Sale 26m 29m i8m 28 25m Sale 25 27 m 24 26m 97 6 108 m 30 9m 80 H May 27 Sale 121m 121m 1203^ May 115% 114)^ May 115 22% 25 26 21 23 23 la May 21 Sale 23 m 23 % 23m 25 26 21% May 28 28 21m 22% 22% 21m 25 m 43 Sale 7 41m 22 y* May May 24 May 23 May 28 25 % May 23 23 27 m 84 Sale Sale 83 6m Sale 2 Sale 100m 51 Sale 5% 1m 95 49 % 109m 106% 106 % 106 m 106 m 106% May 32 m 37 33 33 May 94 100 3% "13" 13 20m 19m 19m 79 96 106 F a 106M 105 m Sale F a 106 Sale 13 "14"" 13 3h 3m 3% 109 % 110m 110m 109% 109 m 109% 109 m 1109% 103 m 103 m 103 m 103m 13 m 127 Sale 126 m 104 104 \l20% 15% 84 109% 96% 100 3% 110% 109% 103% 21 22 20 20m 2QH 21m 20 21 20% May 28 Sale Sale 11 10 13 10 14 87% Feb. 10 83 3 101 Mar. 25 76% May 90 68 Feb. 55 22% 22% May May May May May May May May May May May May Jan. 101 Feb. Jan. Mar. 13 3 63% Apr. 67% May 31 108% Mar. 15 6 110% Jan. 106% Mar. 107% Mar. 120% Apr. 25 113% Apr. 14 123ft; 100 Sale 17 Jan. 3 118% Jan. Jan. 4 17% Jan. 17% Jan. 7 7 18% Jan. 2 27 18% Jan. 2 Jan. 8 20% Feb. 15 16 13 18 6 27 18 14 ~T 6 6 19 Jan. 33% Jan. 3 3% Jan. 3 2 20 Jan. 78 Feb. 20 8 4% Jan. 1% Feb. 20 99 Jan. 24 48% Mar. 10 108% Feb. 21 26% Apr. 26% May 4 7 Mar. 28 Apr. 1 Apr. 1 26% Apr. 29 29% Apr. 29 Jan. 31 27 May 6 7 Apr. 4 28% Apr. 28 86 Apr. 28 1 7% Apr. Jan. 10 3 100 Apr. 22 54% Jan. 10 110 May 14 46 Mar. 31 108% Jan. 24 104% Mar. 13 106 Apr. 29 105 108% Jan. 40 Apr. 105% Jan. 26 Jan. 15 9% Jan. 9% Feb. 61% Jan. 108% Mar. 93 95% 2 2% 151 109 15 108% 81 102% 13 12% 9 12% 16% Apr. 87 97 Jan. Mar. 3 3 Mar. 20 111% Jan. Jan. 3 Mar. 28 Jan. 101% Apr. 5 Jan. 18 Jan. 6 Feb. uV/4 Jan. 109% May 15 Feb. Jan. 104 Jan. 10 22% May 13 9 22% May Jan. 12 Jan. 4 22% May 13 21 31 77 Jan. 17 22 29 22 26 29 99 May 21 127% Jan. 29 107% Apr. 7 106 Jan. 14 107 Jan. 21 102J13jMay 29 96 22 2 3 29 125% Mar. 104 Apr. 103% May 103% May 10221»May 114 5 123 123 Feb. 113 Apr. 26 115 Feb. Jan. 5 20 May 3 70 May 27 Apr. 7 Jan. Mar. 17 115% 115m 115% 1 45 121m Af s May 46% Af s Sale 112 114 114 May j 2 23 22% May 13 99 May May 1 May 127 126 May 1 127 May 1 104% May 104% 104% 104 103% May 22 104% May 103% 104 May 104 105% 103% May 26 105 1032l« 10321a»May 29 1032l3iMay 95 15 9 19 22 9 7 24 29 Jan. 65 Feb. 60 Jan. 64% Mar. 6 65 May 6 7 95% May 95% Apr. 28 99% May 27 95 May 24 Feb. 98% Feb. May May May May May May May May May 14 1 13 May 70 79 May May May May May 22 May 28 29% May 6 14 20 Sale Sale Apr. 22 Jan. Jan. Jan. Jan. Jan. 69% 95% 63% 69% 67% 18 18 15 19 18 Jan. 90 106% May 21 36 May 5 May May May May May May May May May May May May Sale Sale Feb. Feb. Feb. Feb. Feb. 66% Feb. 54% Feb. 86% Feb. 105m 108 m 105% May 13 105% May 13 106 106 May 2 106 May 2 14 2 Apr. 22 107 64% Feb. 21 60% Feb. 20 59% Jan. 2 56% Apr. 22 26% 26% 26% 26% 26% 40% May 23 46 6m 6% 5% May 28 Sale 24% May 27 28% Sale 82 May 21 85% 5% 6% 5% May 28 2 2% 1% May 15 100 7 99% 99% May Sale 49% May 26 52% 110m 109% May 8 110 Sale 83 % 83 109 % 108 m 109 % 109 96 m 98 94 95 Sale 99 m 100 h 99% o 6 22 83 a 100 22 41m 5m 24m 6% 18 2 Jan. 80% May 27 80% Apr. 18 8 2 121% May 29 1 115% May 13 Jan. 2 40m 53% 44 May 8 51 May 14 26% Jan. 51 May 6 103%~May 104m-"- 103 33 "may* 1 103%"May 1 100 %"Jan. 1 54 m Sale 53 % May 15 49% Mar. 56 % May 56% May 6 58 m 58 59% May 15 59% May 53% Mar. 3 6 59% May 100 m 95 Feb. 18 101 100 May 13 May 10 101 May 95 Sale 92 Mar. 27 95 95 May 31 May 31 98 Apr. 96 93 97 88 Jan. 14 May 1 May 6 97 May 109 a May May 1 May 12 May 12 May 12 May 5 May 1 6 76% May May 6 61m May 15 65 7 91m May 29 95% May Sale 94 m May 1 95% May 22 Sale 98 May 1 99% May 27 96 88 May 3 QCC May 24 Sale 100 May 28 100% May 10 60 58 m May 13 61 May 1 Sale 65 m May 6 67% May 31 109 107 h May 3 108% May 27 109 m 108 May 1 109% May 22 Sale F 85 60% 89% 55% 61% 59% May 12 May 8 May 10 May 10 May 12 74 Sale Sale 66% 95% 62% 68% 65% Sale "15m 92 m Sale 32 Sale 14 10 26 27 27 25 105 110m Sale 108 m 102 m 103 m 12 m 13 13 12 m 70 m 1 114 1 o 70 81 72 82 ... 75 70 May 27 75 o 35 ACertificates of deposit — ---548,000 Northern Pacific prior lien 4s__1997 4s registered 4,000 --------1997 Gen & lien ry & Id gt 3s. -Jan 2047 315,000 3s registered —.—2047 25,000 Ref & impt 4mb series a—-.2047 212,000 Ref & impt 6s series b 2047 1,574,000 Ref & impt 5s series o —2047 103,000 Ref & impt 5s series d._ 2047 198,000 Northern States Power co— 76 71 46 44 m Sale 72 m Sale 46 51m Sale Sale Sale 54m 57 m 63 m 56 m F a (Minn) 1st & ref m 3 Ms 1967 Af s (Wis) 1st mtge 3Ms 4%s extended.1944 J j n'western Teleg 7,000 Pacific Coast Co 1st g 5s 1946 1964 102,000 Pacific Gas & el 4s series g 1st & ref mtge 3 ms series h..1961 105,000 1st & ref mtge 3 Ms series i—1966 76,000 107 h 108 m 105m Sale 105 m 11m Alst gtd g 5s-. -1945 a Alst mtge g 5s (stamped cancellation of guarantee) 1945 a 57,000 t* AOgden &Lake Oh 1st guar g 4sl948 Ohio Connecting Ry 1st 4s 1943 62,000 Ohio Edison 1st mtge 4s.. 1965 16,000 1st mtge 4s 1967 45,000 1st mtge 3 ms -1972 28,000 Oklahoma Gas & Elec 3ms—-.1966 13,000 4s debentures1946 43,000 Ontario Power n f 1st 5s—...1943 2,000 Ontario Transmission 1st 5s.--.1945 54,000 Oregon rr & Nav con g 4s 1946 7,000 Oregon Short Line 1st con g 5s__1946 18,000 lstguar cons 5s stamped 1946 84,000 Ore-Wash rr & Nav 1st & ref 4s 1961 117,000 Otis Steel 1st mtge 4mb a 1962 Sale 107 m 8m M S 66 m 59 % 67 m 109 m a d 100% Sale 95 90 m 75 61 120m 122 114m Sale 60 H 26 1 101m 100m May 2 101 65 m 64% 65 m May 27 6962 65 62 m May 7 63% 60 62 61m May 23 64 57 59 m 57 m May 5 57% 100% Sale 109 m 109% f J 34 3m 3m 20 m Sale 80 m 77 m 4m 4% 2m 8% J 18 m 18 m 18 m a j 100% 55] 54 f afn Sale 45% May 13 May 27 100 m 93 86 63 m May May May May May 36% 49% 42% 44% 39% Jan. 32% Jan. 33% Fen. 33% Jan. 6 80 78 m 101 68 m 61m 99 Sale 82 May Apr. May May May May May Mar. 20 42 Apr. 3 39% Apr. 3 45% May 13 41% Apr. 29 38 35% Jan. 107 Sale 84 m 64 m Sale 91 39 39 93 m 57 m 98 94 o o 41m May 27 May 27 % 94 Sale Sale Sale 62 m a 42 40 93 % 58 m 92 m 95 m J d 4 34 32 62 93 m Sale a 34% Jan. 42% May 44% May 42 Sale Sale 90m 9 5 62 m Sale a Jan. 40m May 39% Sale 93% Sale 59 Sale 64 m Sale 62 m Sale 63 m 74 % 63 f 3 30 76 19 Jan. 100m 92% 94m 5s.-1946 mn n y & Harlem g 3 Ms. ---2000 mn n y Lack & Western 4s ser a__ 1973 AfN Guar 4Ms series b----------1973 AfN aNYLE&W Coal & RR 5%s.l942 AfN iDock & impt 1st 5s___ 1943 j J n y & Long Branch gen 4s._-.194i m s 38 Sale 1965 1951 1947 For footnotes see page 30. 42 Sale {Northern Ohio ry— 58,000 42,000 39 Feb. 30 42 "40" 59 - 14,000 '43 m Sale 68 May 36k May 45% May 44 37 72 an y & Greenwood Lake North Cent gen & ref 5s ser Gen &-ref 4Ms series a__ 42 42 o 1950 ANon-conv debenture 37 Sale Prices Sale Prices Sale Prices 7434 May 29 6 6 28 15 15 1 Highest 38 71M May May 36m May 41 May 41 May 40m May 38 41m m S a 92 Sale ANon-conv debenture 4s '32" 43 m 33 107% 113 a a 62,000 New York Steam Corp 3 Ms--—1963 5,000 1*aN YSusq& West 1st ref g 5s. 1937 * 13,000 ASecond gold 4mb 1937 ♦ 16,000 AGeneral gold 5s 1940 13,000 ATcrminal 1st gold 5s 1943 6,000 n y Tel ref 3 Ms series b 1967 3,000 n y Trap Rock 1st s f g 6s 1946 26,000 6s stamped ---.----1946 209,000 1*aN y Westches & Bos 1st 4Ms 1946 41,000 Niagara Falls Power 3m8------1966 11,000 Niag Lock & Ont Pow 1st 5s a.. 1955 81,000 Niagara Share (Mo) deb sm8--1950 144,000 *UNorfolk South 1st & ref 5s a. 1961 ACertificates of deposit 51,000 ACtfs of dep (issued by reorganization manager) 1961 168,000 ACtfs of dep (issued by organ¬ ization manager) - -1941 4,000 65,000 Norfolk & West Ry 1st con g 4s. 1996 1949 42,000 North Amer Co deb 3ms— Debenture 3 Ms 1954 54,000 71,000 ^ Debenture 4s —1959 4s called bonds (July 1,1941) 3,000 6,000 Sale 33 m 32 J Convertible 5% notes.-129,000 n y Edison 3 Ms series d—-—1965 79,000 1st lien & ref 3 ms series k—1966 n y & Erie—See Erie rr. 22,000 n y Gas el Lt Ht & Pow 5s—1948 69,000 Purchase money coll tr g 4s—1949 3,000 13,000 80,000 75,000 76.0oo 5,000 780,000 41 Sale 41m 26% 30m 28 m a ao 196,000 nyg&h r g mtge 3 ms 1997 3ms registered --1997 6y,65o Debenture 4s of 1912 1942 92,000 Lake Shore coll g 3 ms 1998 26,000 3 Ms registered -1998 68,000 Mich Cent coil g 3 %s_ 1998 2,000 3 Ms registered 1998 New York Chicago & St Louis— 426,000 Refunding 5ms series a 1974 1,848,000 Refunding 4ms series o 1978 309,000 4s collateral trust 1946 122,000 1st mtge 3 Ms extended to 1947 748,000 3-year 6% notes —1941 * 41m 44 % 1946 42,000 39 37 1998 a 36m 33x4 30m O 66 m Sale 95 Sale 85,000 n y Connecting rr 3 Ms 58,000 n y Dock 1st gold 4s 37M Lowest Highest Sale Prices 73 35 m 34m 40 m F Debenture 6s 71M 38 33 F~A Ask Sale 74 m RANOE SINCE JAN. Lowest 32 32m 10-year 3 ms secured s f 37,000 Ask Bid Bid 33 York Central rr— Conv secured 3 May 31 27 Rer & impt 4mb series a Ref & impt 5s series c— 456,000 May 1 22 Consol 4s series a 265,000 593,000 2,176,000 855,000 77,000 1,000 110,000 19,000 54,000 3,000 14,000 Sale 69 37 EXCHANGE-BONDS 109% Sale loom hi"' j J 4 m s 108 mn Sale J j j D j d 105 F a 100m 102 m 111m 116m 117m 103 m 104 107 87 Sale AfN J d j J j J J j J j J d j D 111m Sale J D 111 J d 109 m 110m 60 112m Sale Sale 76% 73 44 % Sale Sale 40 56% 69 Sale 54 67 60 Sale 58% 60 Sale 59 46 43 m Sale 75 44 % 42% Sale Sale 60% Sale 42 29 Feb. 15 29 66 26 70 6 50% Jan. 62% Jan. 21 61% May 12 62 May 10 Feb. 3 2 20 54% Feb. 19 73 May 53% May May 59% May 59 May 20 May 7m 6% 7 112m 110m 109 6 May 20 7% May 8 108 H 107m 107% 110 109% Sale 109% 109 m 108% 105 103 108% 109% 110% 109% 104% 102% 103 101% 102% 108 m 109 m 108% Sale 113m 114m 113% 113% 113% Sale 114m 115 Sale 107 106% 106% 79% 79 80m Sale 102 m 103 12* 42 Jan. 39 55 8 Mar. 22 83 52% Mar. 18 45 Mar. 17 80% 76% 47% 44% 58% 70 62 Jan. Mar. Jan. Jan. Jan. Apr. 28 Jan. 27 62 May 10 23 27 10 13 28 108% Jan. 24 HO Jan. 11 109% Apr. 12 110% Feb. 1 96 95 5m 106m 107 % 109m 109 % 108 h 75% May 27 79% May 10 May 20 46% May 6 44% May 14 57 % May 6 75% May 27 May 20 43% May 28 73 May 13 109% May 22 109m 109m 109% Sale. 109 8 110M 110% 110% 110% 109% May 16 110% May 61m Sale Sale 76m Sale 74 104 Sale 106m 107 m 108% 110m Sale 108 m 109 m m s 78 15 SAle 104 9 108 May 109% May 17 110 3 110 109% May 3 109% 108% May May 26 105 104 7 103 May 101% May May May May May May 8 103 102 May May May 108% May 31 110 9 114% May 113% May 113% May 31 114% May 105% May 28 107% May 78% May 29 82 May 107 65 65 m 64% 68 112% 112% Sale Sale 110% 111% 110% Sale 108% 109m 109% Sale 26 10 22 22 8 20 5 May 65% May May 15 112% May May 111% May 24 May 109% May 8 18 9 16 107% 2 108 3 110% 3% 107% 106% 107% 108% 107% 4 16 Jan. 23 102 108% 113% 113% 105% 78% 9 2 17 25 3 104% Apr. 8 103% Feb. 16 112% Jan. 16 117% Jan. 100% Apr. 17 110% Jan. 28 109% Jan. 26 106% Mar 104 60 Apr. Apr. 4 14 29 31 29 7 117% Jan. 18 107% Jan. 29 89% Jan- Jan. 110233iMar. 29 65% Apr. 4 113 Apr. 8 5 3 111% Mar. 13 108% Apr. 16 110% Jan. 17 110% Jan. 28 N. Y. STOCK EXCHANGE-BONDS Sales in May BONDS N. T. STOCK EXCHANGE 0.8 $ 1941 Bid 33,000 * APacific RR of Mo 1st ©xt 4s.. 1938 10,000 ♦*2d extended gold 5s—__—1938 50,000 Pacific Tel & Tel 3 34s series B—1966 18,000 Ref mtge 3 34 s series C__, 1966 f 4348--1955 "e'.ooo Panhandle Eastern P L 3s B— 1966 Paramount Broadway Oorp— 62,000 1st mtge s f g 3s loan ctfs.—1955 Paducab & Illinois 1st s P A J J PRICES IN MAY Price Jan. 2, o'5 Value Ask 85 78 Sale Bid 83 Ask Ask Bid 85 81} 8634 Sale 108i Sale A O J D 110 108 H 110 111 109 J J 10334 10534 104 108 Highest Sale Prices 87 90 : 8534 10834 ... RANGE SINCE JAN, Lowest May 31 May 1 8434 8234 10734 10934 10834 86 Sale Lowest Sale Prices May 19 8634 May May 26 84 May May 17 10834 May May 3 10934 May Sale Prices 5 80 10134 May 5 5 Apr. 10 109 54 Sale 5234 5334 52 >4 May Apr. 9 11034 Jan. 10 Mar. 10 10534 Jan. 21 Apr. 28 102 Apr. 23 May 54 3 34 s con v debenture. ------ —1947 M S 9,000 Parmelee Trans conv deb 6s—-1944 A O 96 ! 9434 Sale 9534 4234 96 9434 May Apr. 17 5534 Jan, 10 27 9634 Apr. 4 96 2,000 Paterson & Passaic G & E 5s__.1949 M S 3,000 iPaulista Ry 1st & ref 7s ser A. -1942 M S 12434 F A Mar. 21 May 28 102 5234 Sale 6 Jan. 104 M N Sale Prices 8954 Jan. 27 8534 Apr. 23 8334 Apr. 12 9 1 Highest I 1 Paramount Pictures Inc— 52,000 - Pennsylvania Co— :. < • D Guar g 3 34s tr ctfs ser O 1942 D Guar g 334» tr ctfs ser D—---1944 40-year guar tr ctfa 4s ser E—1952 M N 28-year 4s 1963 F A Penna Glass Sand 1st mtge 334s 1960 J D Penn Ohio & Detroit RR— O 1st & ref gold 434s series A—1977 J 4 34s series B _ _ - - - -—1981 Pennsylvania Power & Lt 334S--1969 F A 434s debentures-_ 1974 F A Pennsylvania RR— i • ■ • Consol gold 4s 1943 M N Oonsol gold 4s_U--------j—-1948 MN Stamped dollar bonds- — --1948 MN Gen mtge 3 54 s series C__ 1970 A O Consol 434s issue of. 1915^---I960 A General 434s series A———1965 D General 5s series B__——-—1968 D Debenture gold 4 34s O -----1970 General 434s series D_ O 1981 Gen mtge 434s series E—a—1984 J Conv deb 3 ^s.^———1952 O O Peoples Gas & Coke 1st 6s 1943 Refunding gold 5s. —1947 M S Peoria & Eastern 4s extended—1960 A O A Income 4s (flat)--- — 1996 Apr Peoria & Pekin Un 1st 534s A—1974 F A Pere Marquette 1st 5s series A—1956 J J .1st 4s series B 19561 1st g 4 34s series O----—----1980 M S IfPhelps Dodge conv 334s deb--1952 J D Phila Bait & Wash 1st g 4s_^ -1943 M N General 5s series B_—---—1974 F A General g4^s series O—1977 J J General 434s series D 1981 J D Phila Co secured gold 5s—- —1967 J D Phila Electric 1st & ref 3348—-1967 M S lAPhila & Read O & I ref 5s—1973 J J ^Convertible deb 6s ------1949 M S J* xPhilippine Ry Ist3(>-yrsf4s-1937 J J ^Certificates of deposit--—;— Phillips Petroleum 1 Ms debs- - - -1951 j"'j Pitts Coke & Iron conv 414s A--1952 M S Sale 41 4334 —- 41 47 120 69 ;« — 4534 125 120 124 75 60 71 94Jan. May 12 44 May 7 4134 Feb. 12034 May 24 12054 May 68 68 > May May 26 43 May 12034 May 68 May 1 17 4534 Feb. Jan. 20 24 126 Jan. 17 26 70 . 1,000 2.000 10,000 70,000 ■ i 53,000 102",666 76,000 - 1063 10434 105 10534 Sale 10534 ------ 104 H May 10434 105 May 107 May 10734 110 105 10534 10534 May 10534 104 104 104 ii 10334 10334 103 34 May 10434 10434 10534 10734 108 — 107 106 10434 106 > 110 --J- - :t Sale 11034 1 105 » 10834 10834 2 10434 May 105 May 21 10734 May 15 106 May 8 105 10434 — 108 Sale - 10454 May 104 34 Feb. Feb. 28 10834 Mar. 25 Jan. 13 10334 Mar. 6 107 105 Jan. 17 10534 Jan.-14 +> - 8 104 May 10334 Jan. 14 105 10534 Mar. 4 106 1 105 — Sale Sale 109 Sale 10854 Sale 10934 May" 27 10934 May 19 10834 May 10834 May 10454 Jan. 7 10554 Jan., 11 106 108 Mar. 31 Jan.; 14 110 Jan. Jan. 10634 Feb. 26 11034 Jan. , 0 2 4 _ , , 1,000 33,000 24,000 322,000 67,000 441,000 85,000 390,000 266,000 310,000 436,000 3,000 53,000 47,000 11,000 267,666 65,000 ~~~™"~"248,000 169,000 20,000 17,000 17,000 14,000 173,000 102,000 435,000 483,000 16,000 ' — - 656",000 34,000 •" 7,000 2,000 1,000 •• ;13".666 1,000 "i~,6o6 7,000 51,000 40,000 110,000 51;000 3,000 122,000 90,000 82,000 Pitts Cine Chicago & St Louis— Con 434s series B guar g—— -1942 A O Con 434s series C guar g-_-_ -1942 MN Con 4s series D guar g—„-_ -1945 MN Con 3 34s series E guar g -1949 F A Con 4s series F guar g-——- -1953 J D Con 4s series G guar g— -1957 MN -1960 F A Con 4s series H guar g Con 434s series 1 g Con 434s series J guar Gen guar 5s series A -1963 F -1964 -1970 -1975 General g 5s series B_ General 434s series O—----- -1977 Pittsburgh Steel 1st mtge 434s- -1950 Pitts Va & Char 1st guar 4s.— -1943 Pitts & West Va 1st 434s ser A 1958 1959 1st mtge 4348 series B . • ' 318,000 Portland General Electric 4348--1960 1st 5s extended to 1950---—----6,000 31,000 Potomac Elec Power 1st M 3 34s-1966 1951 46,000 Pressed Steel Car deb 5s__. 29,000 1 AProvidence Secur deb 4s gu—1957 t AProvidence Terminal 1st 4s—1956 Public Service El & Gas 334s—1968 ; • 17~66O 12434 Sale 10834 Sale 11434 11534 9634 Sale Sale 10334 Sale Sale \\lH 11334 11834 434 ""534 10734 10934 79 Sale 7134 Sal& 7234 Sale 10734 Sale 10834 122 . 12234 115 109, > 10634 Sale 10734 10934 1 Sale 17 Sale 107 119 l201r 10734 11834 7634 May 28 '"M«y29 6634 May 24 i°m ^0634 May,, 6 10734 May 3 119 11834 May 7 11454 114 May 27 10934 10834 May 27 Sale 105% May 27 Sale 110 May 1934 May 2134 6 6 534 May 3 ■i 534 434 May 16 434 10334 166" May 2 102 May 10 Sale 11434 11434 114 10834 10534 Sale 10534 110 11034 Sale 109 21 5 534 534 4 5 534 434 434 10634 117 9934 10334 117 114 117 53" 5034 5334 119 119 Sale 11034 111 Sale 11034 11134 Sale 103 34 101 9934 9934 Sale 10634 Sale" 5434 "5534 53 53 5534 Sale 5334 5434 10434 11734 10534 11734 9934 110 78 Sale tf J 10634 J 109 J J U 9534 Sale AfN 80 - 94 8134 10634 10834 92 Sale 3 M 8 334 : 11134 80 < 110 90 80 Sale 219 109 ) J A O 6934 Sale J J J J F A MN _ A Rim a Steel s f 7s J J MN MN 7I066 Aliuhr Chemical 6s. 1A Rutland-Canadian 4s stpd. 10,000 JARutland RR 434s stpd-- For footnotes, S36 page 30. _ f' 218 10934 10934 10434 Sale 10434 6934 Sale 83 Sale 8134 104 34 10334 , 6634 8134 8134 8234 104 34 Sale 10434 16934 Sale 68 Sale 83 Sale 116 10334 Sale 10534 106 103 34 Sale 9634 Sale 25 J May~29 14 9 Jan. 109 Feb. 120 Mar. 25 21 11534 10934 10754 11034 2234 654 634 534 Jan. May Mar. Feb. May Apr. Mar. Apr. 10334 May 10454 Feb. . 3 12 31 3 24 2 17 8 15 20 3 21 22 May 7 Apr. 1 11154 Feb. 21 4 12034 Feb. 112 119 52 Jan. Jan. Feb. May Jan. 6134 Jan. 6134 Jan. Feb. 117 2 Jan. Feb. 52 Jan. 11334 11334 10534 10034 10634 6154 5134 Feb. Jan. 20 II934 May" 2934 2934 "It" 22 15 ----- 40 36» 3534 37 734 Sale 132 May 7 22 2 23 24 2 13 28 13 2 22 3 21934 May 3 2 10934 May 13 1 10434 May 1 6834 May 26 70 May 8134 May 28 8434 May 8134 May 29 84 May 104 May 3 10434 May 104 May 3 10434 May Jan. 6 222 .Tan. 10854 Jan. May May May May 1 104 34 2 10534 6 10434 J 9834 1034 Sale 1 434 Sale 334 434 Jan. 104 'j - _ 7 10 Jan. Feb. 22 UH Feb. 534 16 20 33 24 26 H .Tan. 27 8 9 13 May 15 May 13 Feb. 14 106"""May" May" 15 105 Feb. 19 107 9 42 34 Mav 28 46 34 May 12 40 2 10634 May 28 4234 May 21 934 May 16 35 1154 May » 9 - 25 31 47 34 Apr. Feb. 19 >1154 May 3 9 Feb.'» 5 Jam m 7 » - Jan. 1 9 6 Feb. 45. i Feb. 634 Mar. 10 42 34 5 --J- 131 109 -A - N W - - W - - -..-4- ______ 110 108 1 1234 1434 10754 13 May"l4 10854 May May 22 1554 May 107 " Mart 1 8 110 1034 Jan. ■■ 2 'Jan/ 29 3 34 Mar. 3 434 Mar. 3 5 534 734 634 May 15 634 May 16 734 May 22 May 28 7 Jan. 15 1554 Mar. 29 31 Sale 8 15 15 8 Jan.; Mar. May" 15 1734 May 28 20 May 15 May 13 1 9 15 May 2634 Jan. 2654 Jan* 19 13 11 17 1434 May 21 1434 May 21 1434 May 21 7"" 7'i i, 10234 Apr., 18 10434 Jan. 103 54 Feb., 10 10554 Apr. Mar. 25 10634 Jan. 103 Jan. May 1 101 May 14 May 17 May May 21 Apr. Jan. 1434 May 21 7 2 29 10954 May 13 17 106 Apr. 14 Feb. 14 7034 Apr. 1 78 Feb. 20 8454 Apr. 4 84 9 May 19 7854 Jan. 10254 Mar. 5 10454 Jan, 24 10334 Feo. 27 10454 Jan. 20 20 19 26 26 99 109 ! 10734 109 1434 Sale 5 Mar. 28 152 , 21834 Feb., 3 !■- 116"^ ""I 9 15 17 15 Feb." 20 III34 Jam""6 T . 131 — 15 8534 Jan. 2 10934 14 22 *18" 10634 10634 106 •' 10634 12 834 33 834 38 4234 4334 Sale "43" Sale 9 34 934 934 9: . 10934 38 7 15: ! - 24 10734 May Mar. 26 10934 Feb. 93 34 Mar- 4 9734 Jan. 7 2 H Jan. >434 Apr. 25 2934 27> 2434' 2734 10634 Sale 534 J 9 "32" 26 O O Jan. 142 103 34 104 > 10334 10534 10534 10534 Sale 103 54 9834 9634 — 2434 2434 2434 A 1948 A 1949 J 1941 J 74 74 10754 May 14 113 11134 May 11034 Mar. 110 Apr., 117 May 117 May 10954 Apr. 10934 Mar. 102 Feb. 99 Apr. 10634 May 7 May 2 May 1 May 16 May 7 May 7 May 2 May 10 May 21 May 13 2 11934 May May2l II034 21934 May 10934 May 10434 May 5 A 11 11 3 10 15 14 934 Apr. 4 110 Jan. 9 .83 34 -Jan*»43-. 10534 May 28 10654 Jan. May 8 11054 Jan. _ 10434 Sale" 10434 Sale 10634 Sale "2434 "26" M 8 Jan. 454 Jan. 154 Apr. 111 Feb. 11834 Jan. 454 Jan. 103 34 May 22 10434 Jan. 90 A -1955 F _ 7934 Sale 10434 Sale 104 10434 F "6,606 t*iRio Grande June 1st guar 5s 1939 J D 404,000 j*aR1o Grande Western 1st g 4s J J Alst con & coll tr 4s series A_. 1949 375,000 A O Rochester Gas & El 434s ser D__ 1977 M 5 Gen mtge 3 Ms series H 1967 M S Gen mtge 3 34s series 1 1967 M S Gen mtge 3 Ms series J— 1969 M 8 24",000 123,000 *1 ARock Is Ark & Louis 1st 434s 1934 M 8 ~ Sale 80 25 — — 105 87: Sale 155 10834 Sale 10434 106 MN Jan. 28 Jan.;. 2 Feb. 4 Apr. 24 107 150 _ ,2 ,Jan. 12534 10834 116 9734 109 « 7754 Jan. 10654 Jan. 222 AfN 103 34 8134 Sale 8034 May 10 8234 May 6 10634 10734 107' May 5 10734 May 15 10834 10834 May 16 10834 May 8 9534 9434 May 12 96 9534 Sale May 5 4 34 Sale 4 434 May 14 434 May 9 J M S i 10334 Sale O M S 634 Sale D 109,000 Read Co Jersey Cen coll g 4s__.1951 Gen & ref 434 s series A 1997 211,000 Gen & ref 434 s series B 1997 55,000 160,000 Remington Rand deb 434s w w_1950 434s without warrants. -1956 34,000 Rensselaer & Saratoga 1st gu 6s -1941 211",000 Republic Steel Corp 4 34 s ser B_ 1961 Purch money ,1st 534s < onv..l954 J 24,000 Gen mtge 434s series C__ 105,000 1956 Revere Copper & Brass 3 34s. 196' 28,000 ARheinelbe Union s f g 7s...—-194 a3 J4s assented..-— —1946 iRhine-Ruhr Wat Serv 6s 1953 ; 1950 4,000 ARhine-West Elec Power 7s. ADirect mortgage gold 6s. 1952 With declaration ~6", 000 ACons mtge 6s_.— -.1953 7,000 t ACons mtge 6s.—. 1955 .--1952 25",000 Richfield Oil 4s conv deb 22 34 T6 117~~ May 29 Il7 ~ 117 May 28 119 11034 May 14 11134 11034 May 27 11134 103 34 May 2 10434 99 May 26 10034 10634 May' 2 10634 53 May 1 5634 53 May 2 56 5234 May 2 5534 11934 May J 2037 J 2037 119 11434 10934 10634 11034 98 10 3 2 105! 53,000 Pub Serv of Nor 111 334s-------1968 A 21,000 Purity Bakeries Corp s f g 5s... 1948 J 1st & ref mtge 5s— 1st & ref mtge 8s_- 72 10734 10734 11134 May 23 113 May 11134 May 9 11134 May 11034 11034 14234 14434 14234 145 ■ "2",000 7934 "70 ,, 10734 Feb. 11534 Jan. 11454 Jan. 109 104 —— 103 11134 11334 11134 111 11134 109 11034 99 J J 10734 10734 11134 11134 10834 53 M Sale 5334 5534 5434 Sale J J 68 114 - Sale ! D M S Sale __ 109 — D O 1SlH 78 8--' -655 70 34 534 11334 9734 10334 10334 1 9134 21 10934 23 11534 16 50 27 834 107 11134 —-L 11134 11134 11334 Sale 10534 Sale D "7734 BSP&rttPVS0 122 107 10334 10734 10334 10734 103 34 May 22 10334 May 15 10534 10534 May 28 10534 May 28 10534 108 ill"" 108 May 8 169 10934 109 May 8 O A 834 Sale 10934 7934 Sale 11234 11234 97 34 10434 10734 10634 —i11034 A J Sale 28 28 7 2 15 16 27 14 15 May 13 107 May 13 May 1 Mar. 12 111; May 2 111 Apr. 21 93 Mar, 4 May 22 Feb. 28 May 8 1201 Feb. 28 May 8 104; Mar. 5 May 5 111 90 May 1 Feb,; 19 May 21 9954 Feb. 27 Feb. 26 May 8 100 May 14 8734 Feb.; 21 May*! 1 10854 May 21 May 5 11454 May 23 May 1 4854 May 16 May 1 AH Mar.; 7 10734 Mar. 18 72 54 Mar. 17 May 6 63 Feb. 19 May~6 64 /Feb. 18 May 1 6 May 1 10634 Mar. 11 May 14 10734 Apr. 28 May 6 11834 Mar. 4 May 19 113 54 Mar. 12 Jan, 24 May 12 108 May 5 105% May 27 May ;• 8 108 54 Jan. 3 May 24 1654 Feb. 17 3 54 Jan, May 12 3 4 34 Mar. May 14 3 334 Jan. 31 May 15 9954 Mar. 24 May 19 10134 Apr. 14 9934 100 10234 Sale 113 J Sale Sale 13 107 10334 10334 119 MN • Sale 1934 334 Sale 534 434 334 119 J 9034 10934 11534 May 112 May 11234 112 112 ' May 112 t Sale 96 : Sale 9534 May 12134 May 12134 123 106 * May 10634 Sale 113 11334 112 \ May 93 34 Sale 9334 May 102 May 10234 Sale 10134 May 10234 Sale 9034 May 9034 Sale 109 10834 May 11434 May 11434 Sale 45 4734 4834 May 8 4 834 May 107 10634 > III" A J 10634 11234 Sale 11234 11234 9634 Sale 121 12434 10634 Sale 11334 Sale 9734' Sale 103 34 Sale 10234 Sale 50 D -1977 J — i Sale MN rV960 D 98 J 1st mtge 434s series O—--_ A O Pitts Youngstown & Ashtabula -1948 J D 1st gen 4s series A.— 1st gen 5s series B —-----— -1962 F A 5,000 1st gen 5s series C----- -1974 J D 1st 4348 series 10734 11534 11434 Sale" ' Jan. 29 Apr. 934 Apr. 4 4 31 9 N. Y. STOCK Junh, 1941] Sales in 1? BONDS May Value 46,000 Saguenay Pow Ltd 1st m 4248-- 1966 A O 2,000 St Jos & Grand Island 1st g 4s__ 1947 J J 5s.. 1996 1996 2d gold 6s St Louis Iron Mtn & South— 307,000 *iRiver& Gulf Div 1st g 4s 1933 27,000 ^Certificates of deposit 130,000 tiSt LPeo&nw 1st 5s 1948 105,000 St Louis Pub Serv 1st mtge 5s_.1959 14,000 St l Rky m & Pac 5s stamped. 1955 $iSt Louis-San Francisco ry— iPrior lien 4s series a 1950 995,000 . 357,000 242,000 24,000 1,760,000 339,000 ' ACertificates of 55 mn 69 Sale 1950 r j j J V J : 7124 Sale 41 43 • Sale Sale 1224 1424 1324 1424 Sale 14 46% Feb. 21 924 954 954 924 Feb. 21 24, May 28 74 May 14 J j Sale j J Sale d j 82 4624 May 23 25 May 27 1554 May 27 1124 124 454 a 3 54 2% A A J 624 524 15 3 224 9654 9724 99% Sale f A 69 May" 3 10824 10824 10524 d 10224 J 109 Sale Sale 10224 Superior Oil 324* debs ^swlft & Co 1st m 3348. 2hs debentures 10624 10724 D Sale Sale 55 m s Sale 5424 5224 5224 Sale 5254 Sale 5224 Sale 5224 Sale 6624 6624 8554 8524 6824 6624 d mn Sale mn Sale j Sale J A J Sale Sale I38 72 Sale J Sale 87 85 6854 Sale 60 Sale 5554 9124 Sale 94 Sale Sale 63 24 Sale 62 Sale Sale 82 Sale 81 82 Sale 8754 Sale 8524 8354 7854 8554 8454 J 82 J 78 86 85 J 11024 J 10924 3024 10624 7924 11024 Sale Sale 107 80 Sale 102 d — --1980 Tex Pac—Mo Pac Term 524s a.1964 Third Ave 1st ref 4s_.........i960 AAdjustment income 5s.-Jan 1960 *AThird Ave rr 1st gold 5s 1937 j A O mn j J 89 ill 24 Sale 10624 Sale 10624 Sale 77 91 Sale Sale 10654 73 7354 7224 10024 5524 6224 Sale 9624 Sale 6354 Sale J j A O 23 j J 100 D 44 d 9424 9524 4124 9524 O 6824 7324 76 A m a J m s J j 1959 Sale 10424 107 „ 7824 ----- May^28 6 6 6 1424 May 1424 Apr. 29 1554 Apr. 29 15 Apr. 29 13 24 May 13 24 May 1065^ 10754 107 4 Sale" 10554 Sale 3 Jan. 31 Feb. 14 Jan. 7 Feb. 19 Apr. 'i52| May 3 45 9724 9754 May 28 May 3 May 23 May 2 May 12 May 10 May 6 May May May Feb. 20 Feb. 14 Feb. 20 Feb. Feb. 5 13 Feb. 15 12 2 14 31 5 6 10 10 12 12 15 15 12 94 May May May May May May May May May 10724 7524 74 24 7454 101 58 1824 May 10024 May 67 10124 Jan. 3724 3424 4454 4024 20 4 1 10 4 12 10 21 9 12 2 28 10—^— 3 8 Jan. 21 Jan. 7 Jan. 4 Jan. 29 Apr. 14 Jan. 22 27 102 24 f' b. 19 5 10724 Jan. 13 4 106 7 May 12 May 10 May 6 May 7 May 7 72 May 6 88 Apr. 24 7054 May 6 53 24 May 4824 5724 5554 5554 5554 Jan. Jan. 3954 Jan. 3954 Jan. 4854 Jan. Jan. 90 57 9424 Mar. 31 6554 May 12 6 8424 May 89 Apr. 4 86 May 2 Feb. 75 Feb. 79 78 Feb. Feb. Mar. Feb. 80 Mar. 31 7354 10954 10454 2624 10354 Jan. 11154 May 15 Apr. 109 iviar. 10624 103 Mar. 10554 Jan 6 Feb. 34 •>an. 3 Mar 19 Jan 13 10014 Feb. 109 Jan 10 9924 Apr. 102 Apr. 10054 May 10124 Jan 16 106 H 12324 Apr. 128% 11324 11154 94 24 10654 10654 10954 May 88 Jan; 10254 Mar. 10254 Mar. 78 10424 6254 6224 6254 9624 5124 1454 Jan. Jan. Jan. Jan. 76 77 7554 May 15 7824 May 7024 Mar. 9624 94 Apr. 9424 Jan. Jan. 7 Jan. 24 Jan. 14 May 14 Jan. Jan. Apr. 28 2 1 28 10 25 24 z8 3 Jan. 24 Jan. 3 10124 Feb. 15 4824 Jan. 97 24 Mar 10 3 1 7824 May Jan. 39 2 65 May May May 28 9624 May 5 n 10824 Jan. 7524 May 75 Apr. 74% Apr. 101 Mar, Jan. 43 94 94 May May 9 9424 May 13 ja 100% May 26 10824 Feb. 100 May 16 31 3 10854 Jan. 13 Jan.' 2 Jan. j an, 9454 94 May Apr. Apr. May Aprl May May May 4 May 4 May 9954 Jan. 9754 Apr. ...54.. .t-jan. 4524 May 27 Jan. 1324 1324 154 524 454 824 724 1754 Mar. 44 May 16 Jan. Mar. 27 10854 70 104 94 • 2 354 Apr. May 13 3 11424 Jan. 9524 May 28 7 10624 Feb. 124 24 Jan. 21 104 1 9 .. 11 103 4254 40 4 5754 Jan. 1 12 6 6 2 5 15 5 2 14 2 14 10 6 26 105 12 81 Apr. 26 1524 Apr. 10 3924 Mar. 29 71' 4 10324 10254 Feb. 10124 Apr. 18 104 10354 Apr. 8 107 119 Feb. 24,120 71 May May" "2 10554 May 2 8 23 30 ' Mar. i >. : 76 Apr. 1 4954 Apr. 29 2954 Apr. 30 6 1854 May 15 May 16 98 Jan. 11 9 17 120 8 30 1324 May" 10 1324 May 10 70 74 75 70 May 71 23 Union Pacific rr— J 1st & land grant 4s 1947 11424 Sale 274,000 J 4s registered —1947 11354 2,000 a 0 10054 Sale 34-year 324s debenture 1970 63,000 35-year 324s debenture 1971 mn 100 10054 90,000 u Ref mtge 3>4s series a 10624 Sale 1980 147,000 United Biscuit 324» debs 1955 A O 107 Sale 10,000 a 0 7224 7424 3,000 United Cigar-Whelan Stores 5s_1952 .«. Sale Sale 10554 10724 10554 10754 10554 30 84 8 94 54 4 12424 May 111 May 11124 May 9424 May 10624 May May May May May May May May May May May May Sale 9924 10154 100 5124 May 56 24 5154 Sale Sale 1454 May 15.24 Sale 10024 May Sale 10054 120 109 27 78 124 24 12554 12424 11054 11224 10954 Sale 10954 11024 109 Sale 91 9024 9224 Sale Sale 10424 106 Sale 10424 Sale 104 24 94 9124 9124 9254 10424 10824 10424 Sale 72 Sale 7124 7124 7124 Sale 7224 7124 72 72 24 Sale 7024 125 9624 12424 a J 17 24 10024 98 mn F Sale 105 d m 8 30. 111 94 10424 10454 82 6224 m S 1945 5,000 Ujigawa Elec Power sec 7s j 92,000 Union Electric (Mo) 3548------1962 *1 AUnion Elev Ry Chic 1st 5s..1945 16",660 Union Oil Cal 30-yr 6s ser a May *42 3s debentures 102»»J2 124 63 Tokyo Electric Light (Ltd)— J 1st m 6s $ serie8.--.-June 15 1953 151,000 J 37,000 Tol & Ohio Cent ref k imp 3 548-196u 1950 45,000 Tol St l & West 1st g 4s Tol w Va & Ohio 1st guar 4s c--1942 t2",666 Tor Ham k Buff 1st 4s. — — -1966 Trenton Gas & Elec 1st 5s 1949 "3",606 Tri-Cont'l Corp conv deb 5s ser a '53 ATyrol Hydro-Elec Power 7 248- -1955 AGuaranteed sec s f 7s. 1952 ~u)66 110 7 3 May 97 4 94 May 6554 May 8424 May 89 May 86 May 80 May 11154 May 10724 May 3124 May 10454 May 104 24 May 10524 May 101 May 102 May 10054 May May May May May May May May 102 May 10054 May 11054 112 10624 10724 Gen & ref 5s ser 11124 10054 Sale 129 Feb. Jan 26 Mar. 24 1754 7024 May 84 54 May 76 May Sale mn 127 113 2 9 12 7 1 824 7 24 27 9124 May May mn 10524 824 54 324 254 454 354 1024 224 224 Jan. 9 9 10 6 12 10 21 27 61 Sale J 9 6 Mar. 11 May May May May May May May May May May May 5324 4824 5724 5554 5554 5554 72 87 24 15 12 27 15 15 15 27 8024 May 8454 May 10024 J J A 1354 154 524 454 224 554 11224 .7024 10554 12124 6 16 Mar. 7 4854 May 4824 May 53 24 May 5124 May 5154 May 5124 May 6524 May 85 May 6654 May A 1959 3s debenture ......1965 Texas & n u cons g 5s 1943 Texas & Pacific 1st g 5s— 2000 Gen ref 6s ser b-. 1977 Gen & ref 5s series c— 1979 3 May Sale J Texas Corp 3s debs 20 10524 May m s I Feb. 3524 Jan. 1724 Jan. 954 Jan. 69 2 4924 A 14 5 10554 May Sale rr gen 5s -.1951 Louis 5s—1944 Gen ref s f gold 4s —1953 Texarkana & f s Ry 524s a guar 1950 19 10554 10654 10524 10524 10524 May 4924 Term rr Assn of St 2 Feb. 10654 Apr. Sale Tenn Coal Iron & 19 Jan. 1 10854 May 13 8 9 10554 May 2 10554 May 26 May 6 1 102 10524 6s.-1945 1950 1961 Jan. Sale 10824 10854 10724 May 10524 May Sale 10554 106 10424 May 104 54 10454 10454 105 10154 10224 10154 May 10154 Sale 107 24 Sale 11024 10654 10724 10654 30 3024 2924 30 3154 104 10424 104 10454 Sale 103 54 10424 10354 104 24 Sale 10424 10454 103 104 Sale 10024 100 10024 10154 1953 1324 May 20 45 May 20 50 10254 May 22 103 24 10214 May 16 10324 104 24 May 5 10624 70% 10624 107% 118 o 1 5 6 6 "2424 ~27~~ 103 % Sale 103 % 10454 a 3 at. 8 m S 1950 15-year 254 s debs Studebaker Corp conv deb For footnotes see pago 4 May May May May May May 28 May 29 May 6 May 1 May 26 May 16 May 22 "47" "51" 1994 J 1956 A 1956 A 1956 A Memphis Div 1st g 5s.....—1996 St. Louis Div 1st g 4s ...1951 Southw Bell Tel 324s series b.._1964 1st & ref 3s series c —1968 tASpokane Internal 1st g 5s—1955 Standard Oil n j deb 3s 1961 3% 3H Sale 424 424 9% 13 2% 3% 2% 2% 5 j J I'D May 4924 May 29 May 1854 May 11 May 13 854 May 24 9 11224 May 13 11324 May 90 9524 May 28 May 1 5 10554 May 8 10554 May 12224 May 21 12224 May 21 924 11324 11254 Sale 9424 10624 10554 12124 Sale f j 76 5 Sale f 27 Jan.. Feb. 78 1 m"s 25 » Sale 9% 5s Devel & gen 4s series a Devel & gen 6s series a Devel & gen 6 24s series 23 26 15 28 26 Sale 1945 m S 45 9 May May May May May mn j j ACertificates of deposit 2 1424 May 13 24 May 1524 May 15 May 195u A O Oct 1949 f a 1959 a o 1955 39 2 6724 Jan. 28 924 Feb. 12 stamped— 23! 7024 May 31 70 May 31 3624 Apr. 3 7454 May[23 21 13 24 May 13 24 May Sale 1st mtge pipe line 4%b 1951 27.000 Southern Pacific Co— 4s (Cent Pac coll) Aug. 934,000 1949 4s registered 1949 1,000 1st 4%e (Oregon Lines) ser a.19// 2,134,000 Gold 4mb 1968 1,630,000 Gold 43^8 May 1 1969 3,476,000 Gold 424s 1981 2,365,000 10-year secured 354s 1946 1,357,000 San Francisco Term 1st 4s—1950 150,000 945,000 South Pac rr 1st ref guar 4s._-1955 64 24 Feb. 6454 Feb. 7024 May 70 May 35 May 7454 May 45 May 954 Alst & cons 6s series a ACertificates of deposit 31 31 22. 67 May 2 6824 May 2 May 15 7124 May 1 41 May 6 33 O -i960 AStamped 4s AAdjustment 5s ♦ARefunding g 4s 35 Sale 12 1989 MN ♦a 1st g 4s unstamped ♦ Southern Ry 1st cons Sale Sale Santa Fe Prescott & Phoenix 1st 5s'42 m S 4s 70 3324 7324 4224 Sale A May 26 9524 Apr. 29 Jan. 15 Apr. 25 112 • 70 Apr. 1 Mar. 27 60 Apr. 1 Apr. 1 12 7024 Sale Sale Paul & kc Short l gu 4 24s 1941 FA 1972 J j 1943 J j Scio Vail & n e 1st guar g 48 60 60 90 1254 1154 13 24 Sale Sale 85 111 Prices Sale Sale Prices 1 7 "76" Sale 12 24 Sale Prices May 26 9324 May May May 7 111 1124 j 77,000 Sale 69 35 33 Sale Prices 85 111 13 27.000 Southern Bell Tel & Tel 324s—1962 a 51,000 15,000 41,000 69,000 211,000 333,000 25,000 41,000 198,000 196,000 91,000 51,000 176,000 664,000 2,000 35 65 Ask 88 Sale 3s debentures .1979 101,000 46,000 Southern Colorado Pow 1st g 68.1947 j 32,000 Southern Kraft Corp 4he—...1946 j Southern Natural Gas— 466",606 35 90 St Paul Union Depot 1st 5s guar. San Ant & Aran Pass 1st guar 4s. 339,000 i 1+AAtl-Birm Div 1st g 4s May 1933 50,000 571,000 tASeaboard Air-Fla 6s a ctfs—1935 61,000 a6s series b ctfs of dep .1935 381,000 Shell Union Oil 224s debs......—1954 50,000 254s a f debs 1961 Shinyetsu ki Pow 1st 6hs--^^si95k; 1951 ~i",666 ASiemens & Halske deb 6 24s ASilesia Elec Corp 624s ---1946 "7" 606 Silesian Am Corp coll tr g 7s---.:1941 1952 63,000 Simmons Co conv deb 4s 140,000 Skeily Oil 3s deb 1950 216,000 Socony-v acuum Oil 3s debs..—-1964 South & Nor Ala gu 5s ...-.1963 1,154,000 260,000 326,000 17.000 51,000 33,000 31,000 53,000 138,000 204,000 95,000 37,000 9,000 14,000 J — {Seaboard Air Line ry— " 69 24 25% 68% Sale 39 Sale 6324 94 68 70 65 J 8624 109 62 55 o M S i ... 62 J j Sale 110 Highest 1 Highest Lowest Lowest May 31 Ask Bid Bid 9324 a St Paul & Duluth 1st consol 4s__1968 J last Paul e Grand Trunk 4 248-1 1947 J 23,000 358,000 42,000 168,000 41,000 1,403,000 Ask 91 ----- J 1978 ms stamped iCon m 424s series a ACertificates of deposit j* ASt 90 111** Sale deposit iPrior lien 5s series b_—.. ACertificates of deposit 72,000 j ASt Louis Southwest 1st g 4s—1989 69,000 A2d gold 4s income bond Nov 1989 79,000 *Alst terminal & unif 5s 1952 AGen & ref 5s series a 314,000 1990 197,000 28,000 799,000 10,000 1,000 May 1 1941 Bid $ St Lawr & Adirondack 1st g RANGE SINCE JAN. PRICES IN MAY Price Jan. 2, p n. y. stock exchanqe 29 EXCHANGE-BONDS 10654 107 824 2 May 104r»i May 27 10524 May 2 3 10554 Apr. 10 10754 Mar. 19 2024 Mar. 6 2024 Mar. 6 15 Mar. 15 1324 May 10 62 Mar. 7 90 Jan. 6 i047u May 27 10724 Apr. 28 — 8 104"aiMay 29 105»«May 104»»» 2 103 54 May 26 10224 10254 10324 10354 10254 May 105»»m 11124 11154 11124 11124 110 11024 99 9724 9824 Sale 9824 9724 9824 Sale Sale 105 10424 Sale 10654 10724 106 108 7254 6854 66 71 11124 May 2 11024 May 16 98 May 7 9724 May 28 10354 May 8 10654 May 13 71 May 27 11154 May 13 11124 May 24 9824 May 3 98 24 May 14 10524 May 21 10654 May 26 71 May 27 Jan. 104l7»*May 29 107 10124 Mar. 28 10554 Jan. 11024 Apr. 110 Apr. 96 Feb. 9624 Feb. 10224 Mar. 10424 Apr. 6524 Apr. 11424 11254 10024 10124 Jan. Jan. Jan. 2 2 2 7 7 6 Jan. Jan# Jan. 23 7624 Jan. 15 107 107 18 N. T. STOCK EXCHANGE— BON DP 30 Holes in PRICES Price BONDS May n. t. stock exchange Value Jan. 2, 1941 •Sift. B"d 953 M S 147,000 United Drug Go (Del) 5s 4,000 UNJRR & Canal Co gen 4s_Unlted States Steel Corp— 892* Mayl Bid Ask Sale 1 Ask Bid 86 Sale IN MAY I 852* 108 Ask 852* RANGE SINCE JAN. Lowest Highest Sale Prices Sale Prices May 31 107 X 941 MN 942 MN 942 MN 100 100 100 100 100 54 101 100 X 100 100 ----- MN ----- 100 X 100 100 100 MN MN 1002* 1012* 1002* 1012* 1002* 1002* 1002* 1002* 1002* 100 100 2* 100 100 2* 1002* 1012* 101 102 1002* 1012* 1012* 1012* 1012* 100 10124 1012* 1002* 1012* 101 h 101 H 101 100 101 101 102 X 100 1002* 1002* 1012* 1002* 103 X 10324 101 1012* 1012* 1002* 1012* 102 h 100 1002* 1002* 1012* 1002* 101 103 1012* 10124 101 10224 1002* 1012* 1002* 10124 1002* 1002* 1012* 1002* 10224 1002* Sale 1002* 1012* 1002* 10224 10324 !1002* 101 101 1012* 1002* 10224 104)4 1002* 101 1032* 104 X 1002* 1012* 1002* 1012* 1002* 103H 1042* '100 1012* 1002* 1012* 1002* 1012* 103 34 |1002* 10124 1002* 102 1002* 1002* 1012* 1002* Sale 1032* 100 1012* 10224 1002* 1002* 100 1002* 103 2* 1002* 1002* 100 102 1002* 102 1042* 7 5 822* Mar. 8 902* Jan. 1082* May 15 1082* Feb. 100 100 Price Sale Sale Prices 85 86 May 9 May 1 1082* May 15 1082* May 15 944 M 1 Highest Lowest 1082* Serial debentures— 10,000 Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May Nov May ...Nov May .625s ,75s .875s 1.00s 1,000 2,000 8,000 4,000 5,000 35",000 27,000 1,000 7,000 19,000 12,000 19,000 30,000 5,000 2,000 6,000 5,000 2,000 14,000 " 6",000 2,000 52,000 118,000 233,000 1.125s 1.25s 1.376s 1.60s 1.626s 1.76s 1.80s 1.85s 1.90s 1.95s 2.00s 2.05s 2.10s 2.15s 2.20s 2.25s 2.30s 2.35s,. 2.40s 2.45s 2.50s 2.55s 2.60s 943 943 944 944 945 945 946 MN 948 MN 948 MN 949 MN 949 MN 950 MN MN 950 951 951 952 MN MN MN 952 MN 953 MN 953 MN 954 MN 954 MN 955 MN Nov a 951 J a62*s series C a3 Ms ser C assented ASinking fund deb 62*s ser A i3 348 ser A assented United Stockyards 4 2*s w w_ — Utah Light & Trac 1st & ref 5s._ Utah Power & Light 1st 5s—_ 24,000 Va & Southwest 1st guar 5s 59,000 First cons 5s 125,000 Virginian Ry 1st & ref 3 2*s ser A _ 951 947 Walker " ¥,666 232,000 67,000 1,000 72,000 57,000 29,000 1,000 350,000 16,000 15,000 5,000 40,000 1,000 31 "952* Sale 1022* 1022* Sale 95 932* Sale 103 922* 104 V104 24 1042* Sale 944 944 Sale 103 1092* Tl2 1092* 1092* 110 957 968 949 003 55 Sale 842* Sale 65 958 66 1072* 108 966 472* 142* 5s 29 45 82* Walworth Co 1st mtge 4s 6s debentures 92 192* 172* 172* 45 50 63 69 582* 61 16 "132* 11 112* 112* 1124 11 12 12 Sale 12 1032* 105 822* Sale 97 952* 1032* 104 97 992* 97 992* 93' Sale 95 52 552* 57 32 37 332* 68 70 65 l24_" 108 115 11024 1042* 93 2* Sale 1032* 104 107 A__ if* AWestphaIJa Un El Pow 6s 76 960 951 953 10824 Sale Sale Sale 782* Sale 762* Sale 26 242* 960 52 2361 Registered 2361 Wheeling & L Erie RR 1st con g 4s '49 Wheeling Steel 1st 32*s series B.1966 472* 1142* Wilson & Co 1st M 4s ser A.,..1955 Conv debentures 32*81947 10624 Winston-Salem S B 1st 4s 54 113 103 I960 2724 72* 62* 4s._1949 AOertificates of deposit *ASup & Dul Div & Ter 1st 4s .1936 MN ACertificates of deposit Wisconsin Elec Power 32*8 1968 Wis Public Service 32*s 1971 tAWorces & Conn East Ry 42*8.1943 Sale Sale 1032* Sale 282* 7 92* 1092* 110 6 15 29 6 13 1002* May 15 1002* May 29 1002* May 29 101 May 13 21 1012* May 21 93 Sale 103 Sale 1052* 262* 262* 792* 8324 Sale 912* 1012* 1052* 242* 242* 742* 782* 772* Sale Sale Sale Sale Sale 82 . 27 1002* Feb. 27 1002* Apr. 1002* Feb. 1002* Apr. May 15 May 13 May 26 May 9 101 May May May May May May May May May May May 1002* May 101 May 1012* May 101 May 101 May 1012* May 1012* May 1012* May 1012* May 26 12 12 17 23 20 21 5 19 19 100 Apr. 1002* Mar. Feb. 1 1012* Jan. 30 1002* Mar. 102 Jan. 29 1002* Mar. Apr. 102 2* Jan. 103 2* Jan. 10 100 10224 Jan. 25 100 6 Jan. 103 1032* Jan. 103 2* Jan. 1042* Jan. Mar. 100 1002* Mar. 1002* May 1002* Mar. 109 Apr. 100 Apr. 1002* May 1012* May 1002* Apr. 104 Jan. 104 Jan. 24 1022* Jan. 103 2* Jan. 1042* Jan. 21 8 103 2* Jan. 1042* Jan. 10424 Jan. M:ar. 24 14 8 202* Apr. 202* May 20 21 May 26 33 Jan. Feb. 33 15 Jan. 2* 202* 312* 332* Apr. 20 2* May 20 Apr. Jan. 97 16 Jan. 15 8 Jan. 33 212* Apr. 912* Jan. 102 Apr. 9 Apr. 30 Apr. : 4 14 21 10 22 1022* Feb. 1042* Jan. 1052* Jan. May 21 111 May 21 110 Mar. 111 109 Mar. May 7 1102* May 29 60 May 28 90 May 5 74 May 2 1082* May 7 May 2 May 6 May 10 May 14 1082* Feb. 542* Feb. 842* Jan. 542* May 26 612* 172* May 19 20 43 May 8 45 61 May 26 61 16 16 May 15 9 92* May 5 55 56 May 6 112* May 28 132* 122* 112* May 15 102* May 16 122* 11 May 29 122* 1032* May 27 104 79 May 28 822* 98 962* May 7 95 962* May 1 572* May 2 342* May 15 342* 70 702* May 8 702* 108 1062* May 7 1062* 942* Sale Apr. 1002* Mar. 100 Apr. May 29 932* May 29 952* May 22 1022* May 2 1032* May 15 1022* May 5 104 May 23 102 Feb. 102 May 29 9 101 Fod. 27 1002* May 29 1022* Jan. 30 Feb. 100 55 37 May May May May May May May May May May May May May May 6 10 8 26 15 6 6 6 10 9 10 5 5 16 May May May May May 13 28 15 17 7 65 Feb. Feb. 13 Feb. 30 Feb. 612* 202* 492* 672* 182* 12 Mar. Jan. Mar. FCD. Feb. Feo. Feb. 103 Feb. Mar. 922* Feb. 20 512* Feb. 15 32 Mar. Jan. 4 1 4 4 10 562* Apr. 4 14 Apr. 29 12 2* May 10 122* Apr. 3 122* May 10 1052* Jan. 4 84 Apr. 2 98 May 16 772* Feb. 91 6 May Apr. Apr. Apr. Apr. 11 522* Jan. 72* 452* 72* 72* 72* 72* 11 6 10 28 108 2* Jan. 1062* Mar. 44 6 May 1102* Apr. 1101* Apr. 64 2* Jan. 90 May 74 May 96 2* Apr. 61 Jan. 4 10 7 342* Mar. 28 65 Jan. 10 701* May 17 1062* May 7 1082* Jan. 15 1252* 1242* May 13 1242* May 13 1092* 1082* May 2 1082* May 2 115 1112* May 27 113 May 8 1102* 1102* May 9 1112* May 3 1022* 101J* May 15 1032* May 7 Sale I 912* 1012* 11012* 106 >1052* 252* I 242* Sale I 242* 742* 752* 792* I 78 2* 772* I 762* 1242* May 13 107 2* Jan. 18 1112* May 27 1092* Feb. 6 1012* Mar. 26 Jan. 8 Jan. 5 Feb. 1 Mar. 18 Jan. 10 1282* 1092* 114 1112* 1042* 94 May May May May May May May May 54 May 7 May 7 May 13 May 2 May 2 16 23 10 May 23 Jan. 13 12 23 Jan. 10 22 22 May 22 Mar. 18 7 Jan. 9 Jan. 51 472* 1132* 92 \ Sale 1052* 1032* 103 2* 116 1142* 472* 114 Sale Sale 34 39 34 11 102* 12 122* 1102* 1092* 108 28 Jan. May 8 May 5 May 17 May 7 May 7 May 13 85 May 2 822* May 2 1042* 1052* 302* 292* 802* 23 23 512* 532* Sale 50 482* 1122* 1132* 1132* 922* 1052* 1052* 1052* 1032* 103 2* 103 2* 1142* 1142* 116 Sale 34 362* 35 342* "102* 122* 10 7 162* 82* 1092* 1102* 1092* 107 1072* "52* II'II 8 110 1242* 1082* 1082* 1082* 113 115 1122* 111 1112* 110 1022* 1022* 103 7 May 100 May 9 1012* May 7 101 May 26 1012* May 9 1002* 202* May 20 202* May 5 15 With declaration West Shore 1st 4s guar gen g 12 1062* 1072* 1102* a Assented tAWisconsin Cent 1st 11 Sale 12 65 172* 92* 532* Sale 112* 40 1082* 1092* Western Union Teleg 42*s gold. Gold 5s Gold 5s-___ 82* 56 128" 1292* Western Maryland 1st g 4s First & ref 5 2*s series A Western N Y & Penn gen 4s ser 182* 92* 9 10824 Wash Term 1st guar 3 2*8 1st 40-year guar 4s Sale 45 30 61 32*s_-„2000 56 18 942* Sale 562* 60 J a Western Pacific 1st 5s Sale 432* t a Warren Bros Co. deb 6s May May May May May - 522* 142* Sale 8 100 May 33 20 ----- 31 Sale 25 111 1112* 1102* 1102* 1102* 1093* 1092* 1102* 1102* Sale 55 54 57 602* 612* 88 81 89 882* 882* 67 72 70 692* 7324 108 Sale 1072* 1082* Sale 592* Warren R R 1st ref gu g Wash Cent Ry 1st g 4s Warner Bros Pictures 6s debs— Sale Sale Sale 82* Sale 82* Sale 82* Sale 82* Sale 1042* 1052* 92 942* 52*s A_. & gen 5s series B & gen 42*s series O & gen 5s series D_ (Hiram) G & W deb 4 2*s 8 32 111 47 gen "31" 40 33 ~91~X 951 100 1002* Feb. May 362* ~20"~ 947 8 100 33 25 *iTol & Chic Div 1st g4s_. ARef 30 362* 20 951 ♦iDes Moines Div 1st g 4s— AOmaha Div 1st g 3 2*s iRef 24 25 37 362* Alst lien 50-year gold term 4s iDet & Chi ext 1st g 5s iRef 20 35 May 100 35 Westchester Light gold 5s 10,000 Gen mtge32*s 10,000 West Penn Power 5s series E— 39,000 1st mtge 3 2*s series I 20,000 West Va Pulp & Paper 3s 316,000 141,000 270,000 340,000 366,000 249,000 267,000 322,000 25 t*AWaba8h RR 1st gold 5s JiWabash Ry ref & 992* 1002* 100 100 ys 101X 101X 102 X D 955 con *4Second gold 992* 1002* 951 57", 000 Virginia Elec & Pow 3 2*s ser B_. 22,000 Va Iron Coal & Coke 1st g 5s— 11",000 MN 947 MN sol g *4s A Consol 4s series B_ 49,000 124,000 1,000 10,000 1,000 MN 946 MN 947 MN 2.65s May AUnited Steel Wks g 62*s ser A a3 2*s ser A assented """2,000 Vandalia 394,000 211,000 21,000 1,000 5,000 49,000 12,000 236,000 276,000 219,000 310,000 46,000 106,000 15,000 MN 100 108 May May May May May May May May May May May May May May 55 51 1132* 93 2* 1062* 1032* 1142* 372* 352* 122* May May May May May May May May May May May May May May 13 Jan. Feb. Jan. 19 28 2 28 12 5 13 7 20 22 Apr. 3 May 7 Apr. 26 May 22 2 1022* May 12 1 1002* May 29 4 101*1 Apr. 16 1032* Apr. 962* Apr. 16 1032* Jan. 11 12 110 108 Apr. 17 May 12 Mar. 31 4 4 Youngstown Sheet & Tube— 140,000 188,000 Convertible deb 4s 1st mtge ■ f 3 Ms ser D * Negotiability impaired by maturity. a 1948 M S i960 MN Bonds selling flat. J The following bonds have been called redemption, either entirely or partially: 102 X Sale 102 972* t The price represented is the dollar quotation 200 pound unit of bonds. Accrued interest payable at exchange rate of $4.8484. per for Beth. Steel 32*s ser F 1959, partially July 1. Consolidated Oil 32* s 1951, partially June 1. Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. 1 Deferred delivery sale. Keith (B. F.) Corp. 6s 1946, entirely July 7 at 101. a North Amer. Co. 4s 1959, partially July 1. t Odd-lot sale. Phelps Dodge Corp. 32*s 1952, partially June 15. r Cash sales, Swift & Co. 3 2*8 1950, entirely May 15 at 102. x Sold ex-interest. 102 2* 102 1022* 102 May Sale 1002* 1002* 972* May ; e the The following transactions were made during current month and are year's range because of the not reason included in the shown below: Treasury 32*s 1941, May 23 at 102.22 (odd-lot sales). Treasury 32*s 1944-46, May 7 at 107.28 (odd-lot sales). Treasury 2s Mar. 1948-50, (odd-lot sales). * French 72*s stpd cash sale). w w May 1941, 29 at May 29 at 102.15 1002* New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING MAY 1941 May Shares. Jan. 1 to May 31 In accordance with a Bond Sales 1940 1941 Slock Sales 9,667,050 53,258,989 Jan. 1 to 1940 1941 May 38,964,712 111,392,190 $176,105,000 741,761,000 $169,272,000 947,769,000 May 31— Oct 3. 1915. all stocks are now quoted Hollars per share. Prices are on a basis of 100-share rule or the Stock Exchange, effective lots except in the case of stocks which sell only In a small way. NOTICE—Oash and deferred delivery sales are disregarded in outside of the regular monthly range are shown In a footnote in the month's range, unless they are the only transactions of the month, and when selling the month In which they occur. No account is taken of such sales in computing the range for the year. AOOREOATE SALES In Shares 240 *""400 7,900 400 I,500 23,700 . 400 13*200 —"97800 8,400 3,400 1,100 9,900 1,100 5,300 300 5,900 22,600 600 14,900 I,400 1,500 600 6,100 5,900 7,200 5.310 690 2,500 5,100 1,380 *1*9*166 7,400 300 12,600 7,900 2,700 100 1,100 8,500 7,100 2,300 30,900 25,100 53,300 36,910 3,400 19,200 21,700 3,580 84,300 52,900 4,800 69,800 44,100 31,000 1,000 7,000 80 """300 700 4,500 270 1,200 600 3,700 7,700 600 2f800 .Vo", 500 3,300 8 700 3,900 2,000 800 46,700 3,800 10,400 900 5,900 27,500 " *5^666 7,900 9,700 100 153,300 1,160 1,500 80 Sale . 5** Sale 45 Sale Sale ...... 37 J* 132 Sale Sale —— 184 Sale Sale Sale 5% conv preferred—...100 American Chicle..........—* 115 121 12 N J .25 American Coiortype 10 American Com Alcohol ...20 Amer Crystal Sugar Co 10 6% 1st preferred— 100 Amer Encaustic Tiling...... 1 Am Coal Co of Aileg Co Sale Sale 10** Sale Sale Sale Sale Sale Sale Sale 1** Sale 79 78*4 170** 174** 265* Sale 179 Sale Sale 70 108 100 11 9 73* Sale Sale 85 15* 45* Sale 654 45* 135* 87 1** 3** ** Sale 17 Sale 2** 13** 3** 283* 413* Sale Sale 80 Sale 833* Sale 11 119** Sale Stand San—* Sale 100 Roiling Mill......25 162 Sale 4*4% conv preferred--.-100 Amer Safety Razor...... 18.50 American Seating Co....—..* Sale Sale 8** Ship Building.....* Sale Refining......* —100 113* 16 17 115 118 25** Sale 13* Sale 345* Sale 293* Sale 6** Sale 160 162 13 54 633* 55* 73* Sale 34 Sale Sale * Stores...———* Stove Co...--—--* Sale — 10* 13 Sale Sale 1454 Sale Sale Sale 156 Sale Sale 37** 195* 103* 11** 14** 843* Jy* Sale 3854 149 20 Sale 12 Sale 85** 5** 53** Sale 5** Sale 54** Sale 45* 16** 4** 17** 115** 115 24** 1 33 305* 6** 46** Sale 91** 6** 52 Sale 28 30 11** 12 109 Sale Sale 345* Sale Sale 159 133* Sale 6354 Sale 156 35** 40** 145 36** Sale 146 Sale 405* 146** 149 85 85 55* 55** 5** 46 265* 27** 13 112 May 126** May 1** May 22 5** Apr. 22 19** Feb. 20 12 May 15 3554 Apr. 23 5* Apr. 24 1 8054 May 173 May 27 May 71** May 19** May 107 May 105** May 53 43** 5154 754 2254 15** 42** 5* 56 Jan. Jan. 2 Feb. Jan. Jan. Jan. Jan. Jan. Jan. 7 7 6 9 3 3 14 17 May Feb. 47 125* 855* 11** 45* 18 119*4 25** 1*4 34** 305* 65* 162 14** 66 55* 8 365* 4054 146*4 42** 145** May May May May May May May May May May May May May May May May May May May May May 195* May 95* May 8 4 Jan. 15 May 28 Jan. Jan. 10 2 Jan. 8 6 Mar. 8*4 Jan. 2 Jan. 2 38 130 7 Mar. 154 Jan. 95*4 Jan. Mar. 13 10 Jan. 7 185 315* Jan. 11 71** May 6 7 23** Jan. Feb. 18** Apr. Apr. May Mar. Apr. Feb. Feb. 107 115 Jan. 12 21 Jan. 121 Jan. 854 Jan. 6** Jan. 14** Mar. 88 May 1** Jan. 3 6 23 11 19 28 78 Jan. 1*4 354 ** 1454 2** 11** May Jan. May Feb. Apr. Apr. 29 Feb. 14 2** Feb. 15 38** Jan. 4** Jan. 15 30 J an. 23 51 Jan. 4 27 May Mar. 26 1** Jan. 3 Jan. 18 3** Jan. 1754 Jan. 13 21 44*4 May 26. 2hH Feb. 20! Feb. 14 May 26 Apr. 29 1054 Apr. 21 79 Apr. 23 Apr. 23 6 15 12 Feb. 15 22 Apr. 24 9 1 17 29 28 ii?K Mar. 4 23*4 Jan. 24 Apr. 24 30 May 5 25 May 5 Jan. 8 27 10 Jan. 9 13 k Jan. 6 5*4 Apr. 4 19** Jan. 10 121 Apr. 4 2554 Feb. 13 3*4 Jan. 13 4654 Jan. 13 39 6 Feb. 14 Feb. 17 162 7 8 21 23 24 26 12 2 8 2 16 21 6 7 16 22 1 8 17** Jan. 155 21 Jan. 93 2 7 4 10 13*4 Jan. 50 27 13 18 1** Mar. 29 22** May 24 BH May 19 13 6 5 48 11*4 May 26 1 7954 May 11 May 2 1 4** May May 2 16 114 May 22 8 24*4 May 1 May 1 30 May 5 May 5 25 6 May 1 158 May 22 13*4 May 26 3 6254 May May 27 5 1 7** May 33** May 27 1 £36** May May 1 145 5 38** May 145 May 12 Jan. Jan. £98** 9** 6** 45* 9** 3554 May 3** May 27 >* May 47 May 154 May 22** May 354 May 12 May 16 May 2 h May 1754 1*4 15*4 5554 17 54 58** 8*4 78** May 171** May 23 Apr. 2154 May 10** May 12 10 May May 16 May 14** May 85** May 86 82** May 12 5* May 12** 1154 May 151 May Sale 148** May 62 May 28 66** May 63** 68 Sale 62 May 27 May 147 Sale May 21 148 *4 May 5 May 45* 4** May Sale 4 May 4** May 89** 6*4 May 5** May 53* 57 5754 May 53** May Sale 5 May 55* May May 52 46** May Sale 26** May 23** May Sale 26 May 30** May 13 May 135* 1154 May 112 May May 112** 112 21** Sale 105* 95* 11** 10 15** 14** 13 88 Sale 86 5 Sale I Sale 3 5** Apr. 4254 Jan. 5** May 29** Apr. £122 **Apr. 36 5 9 1 May 16 May 6 May 1 May 2 May 14 May ~8 ** May 27 13 21 Apr. 40 7** May 4** May 14** May 88 May 1** May 4*4 May % May 18** May 2** May 15** May , Feb. Mar. 21 120 Apr. 14** Mar. % Apr. 10 Apr. 41** Feb. 145* Feb. 47 8** Sale : Sale 11 115* Sale 150** 150 625* 66** Sale 625* 67** Sale 146** 150** 147** 4** 4** Sale Sale 4** 12 23 8 145 144 15* 4** z363* Sale 52 12 28** Sale Sale 151** 14 Sale 156 American Snuff..........—35 6% preferred—.......—100 175* 2** 17** May 1 May 135* May 555* May 175* May 455* May 65* May 44** May 6** May 32** May 17 2** May 28 27 May 15 445* May 26 9 1** May 2 205* May 3** May 19 11 May. 26 145* 893* 15* 4** Sale 11 50 Sale 3?* 6** 45* 125* 83** 1 ** 35* 38 44 o May 1 May 15 May 5 May ll May ll 42 May 15' 6 May 8 6 4254 May May 29 May 1 May 3 125 May 2 78** May 29 171** May 28 245* May 15 66 May 16 18** May 15 May 22 107 £98** May 29 5 5* 465* May 6 5** May 10 20 May 21 12** May 5 40** May 8 Xt May 6 46 115 ,4**_Max .Maxi-23. r-23—5—Jan.—-4—33* May** May May 5 6 5* Jan, 5* Feb. May 26 8** May 9 105* Jan. 65i May 7** May 9 May 22 9*4 Jan. 554 May May 27 1954 May 15 21** Apr. 3 May May 16 225* May 10 6 255* Jan. 18*4 Apr. 8*4 May 8 2 May 22 11*4 Jan. 754 May 165 Jan. 7 May 1 152** May 22 £l44**Mar. May 8 May 20 £l 1 11*4 Mar. 17 10*4 Feb. 1354 May 12 May 27 1454 Apr. 24 1154 Feb. 6 May 6 May 2 Jan. 8 5*4 Apr. 73** May 27 May 14 80 Jan. 28 715* May 2754 May 21 May 28 Jan. 4 37 255* May 155* 54 125* 4954 15** 10** 7** 35 Sale Sale Sale Sale 34** 2** 273* 44** 13* 213* 3** 12 V* Sale 19 183* Sale 112** 105** 112** 475* 11** a 55* 363* 126** 126 13** Sale 45 Sale 50 4** 63* Sale Sale 4654 Sale 15* 154 20** Sale 3** Sale Sale Preferred Sale 27 Sale 40. 463* 51 $6 preferred....—.......* $5 preferred .....—....* For footnotes see page 175* 45 29 Sale 55 15 Sale 65* 4254 53* 343* 3 Sale 270 170** 245* 66** 1854 107** 105** 7** 654 454 125* 83*4 1** 4*4 5* 165* 2*4 17** H 13 17 Sale ........100 66,100 American 15,500 American 3,200 American Sugar Refining.-100 46,100 Preferred....-——-- —100 11,300 Amer Sumatra Tobacco * 2,600 Amer Teiep & Tel eg —100 178,700 American Tobacco.........25 23,000 Class B 25 61,100 6% preferred—.———.100 5,700 American Type Founders... 10 62,700 Am Wat Wks St El * 157,900 $6 1st preferred—..———. * 2,200 American Woolen..—. — * 33,900 Preferred ———100 42,900 Amer Zinc, Lead St Smelt—.1 80,000 $5 prior conv pref... 25 800 Anaconda Copper Mining...50 565,600 Anaconda Wire St Cable..—.* 5,540 Anchor Hock'g Glass Corp 12.50 8,045 $5 div preferred........— * 80 20** 754 14554 10** 113* Sale 12** Sale 5** 74 715* Sale 255* 8 Sale 43 Sale St Foundries.. 125** 1 ** 15 Sale Sale 654 554 63* 17 Sale Sale Sale Preferred 31 —-j. Sale 13 • Amer Smelt St 5** Sale 34 Light—......* American 125* 5** 1 12** Sale Metals....* American Metal.....— —— * American 10 Sale - Am Radiator St 11 16 1 American Brake Shoe St Jfdy—* by* % conv preferred 100 Amer Cable & Radio Corp 1 American Can 25 Preferred ......—-.100 American Car St Foundry....* Preferred 100 American Chain Sl Cable.....* 1** 1-6 ** Sale 72** 13 44** May 26 5** May 5 195* May 5 12 May 15 37** May 1 5* May 5 21** 21 754 14554 Sale ........50 6% preferred.. Sale 53* 153* 15** 5* Sale Sale Amer rower & 113* Sale May 3 May 22 May 8 117** May 26 47 7** Sale Sale 49*4 15*4 42*1 6*4 American News Co— 8** Sale IK 26 Sale Highest Sale Prices 48 Sale 72** 255* 71 Alpha Portland Cement .* Amalgam Leather Cos. lnc i ovo conv preierred oO Amerada Corp —......* Am Agric Chemical (Dei) * American Airlines inc 10 American Bank Note lu Amer Steel II,500 2,400 75* 1954 11 preferred—.........100 Aiiis-Chalmers Mfg.........* 370 410 Sale 13 * 5% Amer Machine 5* Sale 20k Steamship....10 56,000 American Hide St Leather... 1 21,400 b% conv preferred *50 1,700 Amer Home Products.......1 14,600 American Ice............ — * 18,200 6% preferred ...100 9,650 Amer International Corp..— * 44,100 Amer Invest Co of Illinois..-.1 7,300 5% conv preferred 50 900 Amer Locomotive-.--——--* 73,600 Preferred ——100 25,100 Am Macb St Foundry — * 100 24,000 7,200 II,200 48,300 395* **6 743* Sale 146 7,400 15,100 26,500 1,690 9,000 Am European securities.....* 5,700 American St Foreign Power..* 24,900 $7 preferred ...—.—* 48,100 2d preferred A...... * 12,700 $6 preferred — ♦ 20,700 17,500 2,080 3,100 1,700 1,400 20,600 1,600 2,000 640 39 55* 20** 13 5* \lH $2.50 prior conv pref—.— ♦ Alleghany Ludl'm Steel Corp * Allen Industries lnc —.1 Allied Chemical & Dye......* Aiueu ixid Co .....5 Allied Mills Co lnc * 27,300 58,700 27,700 3,590 4,320 190,100 40,800 49,300 277,700 1,050 163,100 18,460 22,480 8,400 15,420 98,900 6,600 10,300 3,200 4,700 3,700 1,380 453* 554 21** —■*£ Am Hawaiian 4,700 2,600 1,100 3,400 3,200 3,450 4,700 3.200 43** 53* 193* 123* 7% Lowest Sale Prices 116 47 ** Pre! series A $30 ex-war .100 6% preferred 4754 40 4>* Mights l Sale Prices *433* 44** 74** Aiieghenycorpr—— * Href series A *30 warr'ts.lOO American Bosch Corp. 463* 1173* 118 44** 5 ** 19** 12*4 375* —* 129,800 Air Reduction lnc * 6,700 Air-Way Eiec Appli (Jorp Ala & Vicksburg Ry G6__..100 661500 Alaska Juneau Gold Min—.*10 Corp. Loioesi Ask 38 54 .... Aided Stores 48 116 * 74,200 Adams Express... 2,800 Adams- Miiiis 10,400 Addressograph Multigraph..l0 43,700 15,700 20,100 71,200 10,200 33,800 3,700 51,300 108,500 5,700 102,500 Ask Bid 47 V* * Abbott Laboratories... 640 4*4 conv preferred....—100 * 660 Abraiiam & Straus 5,900 Acme Steel (Jo..........—25 "~46tl00 1 Sale Prices May 31 May 1 \Bid Far 13,000 RANGE SINCE JAN. 1941 Shares 2,800 MAY Jan. 2 Jan. ] May , PRICES IN Price STOCKS N. Y. STOCK EXCHANGE Since 7*4 Jan. Jan. Jan. 13 10 3 6 11** Feb. 19 61** Apr. 23 5 May 27 1 7** May 73 54 Jan. Jan. 7 13 85* Jan. 28 30 40 Feb. 14 15** Jan. Jan. 2 Jan. 13 Jan. 3 Jan. 21 Jan. 10 28** Jan. 11*4 Jan. 10 34 Apr. 18 45 *4 13854 Mar. 13 154 37 54 Apr. 25 145 May 12 150** 19 18" Apr. 21 May 29 May 26 12 Feb. 81 Jan. 1154 May 150 Apr. 62 May 62 May Apr. Apr. 4 May 895* Apr. May 14 Feb. 24 Apr. 10 46** May 13 22** Feb. 29 25*4 Apr. 12 11*1 Apr. 29 2 111** Jan. 14i^ 5f 19 2 4 19* 93 13 14 Mar. 19 Jan. Mar. 27 14** Jan. 30 16854 Jan. 28 73** Jan. 27 74*| Jan. Jan. 26 159 Jan. 7 21 20 7*4 Jan. 25 99** Jan. 19 85* Jan. 14 60** Jan. Jan. 8 18 Jan. 13 54 27 14 2754 Jan. 21 25 35 Jan. 14*4 Jan. 29 113 Mar, 8 6 7 8 9 9 10 11 9 13 4 3 6 6 11 4 32 N. Y. STOCK EXCHANGE—STOCKS AGGREGATE SALES Price STOCKS May Shares 6,200 2,000 5,800 9,200 500 To",200 500 1,000 , 11,000 . r ' <10 - • 900 1,1-000 .u ■ 100 !940 130,900 9,900 55,500 s,3,900 j a 5,900 28,500 200 13,000 } 3,800 400 360 1,300 ;, ,1,300 240 58,800 Par Andes Copper Mining A P W Paper Bid Ask 12 Co—-20 Co lnc -5 Bid 13 X *1* 28 Archer Daniels-Midland-— i-* Armour (Del) 7% preferred_100 5 170,400 Armour of Illinois $6 convertible prior pref. 53,700 400 7% preferred 100 1,500 1,000 22,100 5,800 * 11154 Sale 110 454 Sale 49 54 40 60 .— — ,7 . 954 9% 1 154 2854 27 110 11154 110 4 4 454 5154 5354 54 45 62 8^ 860* 23 54 Sale i 7% 4% 4 86 90 6 27% 2754 9054 29% 90,, Sale 87v 26 % ,. 83 79W Sale 67% Sale 2654 67 19% 2054 67 1854 1754 2114 26 26 Sale , — 21,100 3,300 .530 7,100 ■Vf 900 650 39,500--102,300 7,700 3,200 2,600 Baltimore & Ohio-—- — / • Barker Bros * 554% preferred - -- -- 201,900 Bath Iron Works Corp-—--—1 21,SCO Bayuk Cigar lnc ♦ i 8 ,884 Beatrice Creamery.*- —-—25 ' I / 200 $5 preferred with warr * 4,400 5,400 """16 24,100 3,300 140 700 9,700 3,800 410 2,900 1,400 3,100 2,100 .800 4,100 4,600 100 11,700 13,900 2,500 7,700 30 36,800 1,100 800 130 460 1,900 3,500 5,300 550 9,400 8,500 1,370 9,000 270 2,800 2,000 300 1,000 1,300 Belgian National Rys part pref Corp.5 Sale 10., 3454 Sale 1954 Sale Beneficial Indus Loan Corp..* Prior pref $2.50 div ser '38-* Best & Co --:—* 56 Sale 87 Sale 7% preferred ------.100 BIgelow-Sanford Carpet lnc-- * Black & Decker Mfg Co—■--* 131 Sale Blaw-Knox — 24 54 20 ——* 9 Bliss & — 17,800 51,400 89,000 3,900 7,400 49,800 171,200 29,000 1,600 80 30 . 19 54 35% 25 §* 110 14,300 Bulova Watch-----32,900 Burlington Mills Corp 5,800 Conv pref $2.75 series 95,900 Burroughs Add Mach__ 34,700 Bush T i m Co Bush Terminal Bldgs— 9,390 Depos. ctfs. 7% pref 16,000 Butler Brothers8,300 5% conv preferred 19,200 Butte Coppei & Zinc 26,000 Byers (A M) Co Partlc preferred 4,860 14,100 Byron Jackson Co — '""30 For footnotes 170 see 110 Sale > 34 32 54 Sale 8 % 1 254 57 Sale 6% 24% 29% 12** 49 Sale 2% *754 2% 15% 454 19% 354 10 % Sale Sale 20 Sale Sale 15 100 81 Sale ---* 10 11 100 -10 -30 5 , 1754 51% 1% 6% 14% 12% 38 Sale 14 % Sale 3 Sale 29 100 55 254 JCentral RR of N J...100 Central Violeta Sugar Co 125 Sale - 120 Sale 7 Sale 62 % 18 65 Sale Sale 113 5 9r 2 54 16 1754 4 54 1754 454 2054 4 54 1954 1854 5054 54' 1 54 554 Sale 10% 1054 12% Sale 254 If* 4?* Sale 3854 3 Sale 91 25% Sale 46 112 54 117 4054 20 54 11954 954 6654 1654 154 254 454 87 854 85 854 19 ; 1054 11 Sale 3854 ''354 34 254 3754 89 654 2 54 55 54 Sale 3454 254 3954 9054 2754 Sale 11554 11654 Sale 43 54 Sale 21 1954 Sale Sale Sale 118 68 954 6754 17 17 2 Sale I'A 90 Sale Sale 6854 1754 154 154 109)4 11054 Sale 2 454 12% Jan. 254 Jan. Feb. 24 30 20 58 Jan. 7 17 13 ie 25 27 60 Jan. 20 Jan. Mar. 24 11154 Jan. 10954 May 4754 Jan. 554 Jan. 5 3 20 Jan. IIV 115% 7 154 1554 354 10 13 10 14 9 9 14 23 12 7 8 13 15 13 2 2 2 10 9 4 6 11 11 - 1454 454 754 654 May 6 1254 Apr. 3 54 Mar: May 10 May 12 454 F b. 5 May 10 Apr. 26 May 7 2354 Apr. .854 May 21 7 Apr. 7 v May 7 654 Jan: 3054 May 28 5 J&n. —9 54 "May—6 •-"TffEel>2254 May 6 1854 Feb. 27 May 10 2554 May 22 Feb. 2554 May 12 103 54 May * 8 103 • Mar. May May May May May 5 2 54 May May May May May May May May May May May 754 May 15 95 36 23, 19)4 26 57 12 2854 15 7254 26 12354 ~ 27 1954 7 54 1554 May May May May May May May May May May 6 1 - 2 23 6 15 6 31 6 21 3 15 23 16 23 8 19 6 Jan. 454 754 654 2954 1054 854 Jan. Apr. Apr. Mar. Jan. Mar. 2 10 4 4 26 10 25 Mar. 20 20 31 19 "9-M-May—62454 Mar. 17 3 5 17 3154 Mar. 24 2554 May 12 I May 8 10 103 5 104 Feb. 2854 10954 754 1054 3254 Feb. Feb. 17 32 May 27 126 Feb. 19 '< 8. 4 Jan. 14 13 Apr. 1554 May 5454 May 265^4 May 21 23 26 12 37h Jan. 2054 Jan. 68 54 Apr. 22 Jan. 12154 Feb. 5 Apr. 28 Jan. 6 24 Mar. 17 28 10 57 May 32 Jan. 16 8954 Jan. 13154 Jan. 28 23 54 Apr. 28 1654 Apr. 654 Apr. 145i Apr. 26 2154 Jan. 1054 Jan. 1854 Jan. 2 3 Mar. 11 9 4 8 11 May May May May May May May May May May 81 15 15 May May May 94 May 42 May 21 May 20 May 1754 May 154 May 3354 May 145 275 27 22 15 *754 May 254 May 1554 May 19 454 May 2 1954 May 29 3 May 1 7J4 May 27 80 May 754 May 1754 May May May 554 May 1054 May May 36 May 354 May 34 May 254 May 3754 May 9054 May 25% May 254 May 4554 May 114 May 40 54 May 1854 May 11654 May 854 May May May May 109 54 May 254 May 454 May U ' 4 954 \VA 33 42 ! 254 654 181 11054 4% 7154 2554 3054 50 854 254 May May May May May May May May May May May May May May May May May May May May May 15 29 15 2 31 21 10 3 12 1 29 31 12 6 24 5 21 9 1 6 20 14 13 27 27 15 21 10 13 14 6 1854 May 7 454 May 22 2054 May 12 3 54 May 12 854 May 6 85 May 10 954 May 9 1954 May 5154 May 1 May 654 May 1154 May 12 54 May 3754 May 354 May 3654 May 254 May 3854 May 9254 May 28 May 254 May 57 May 11754 May 43 54 May 2154 May [1954 May 954 May 6854 May 17 May 2 May .1254 May 254 May 554 May 21 ~ 87" May"3 Apr. 29 15 Jan. 80 Jan. 7 90 Mar. 13 1854 Jan. 1254 Apr. 21 Jan. 2554 Apr. 22 35 90 May 9 11154 Jan. Jan. 38 Apr. 29 54 1754 Apr. 26 2254 Jan. 1854 Feb. 19 2054 Jan. 16 Apr. 18 2054 Jan. 154 Apr. % Feb. 19 30 3954 Jan. Apr. 8 454 Jan. 1254 Jan. 2554 Jan. 3 54 Apr. 854 Apr. 1854 Apr. 41 554 Feb. Apr. 9 Apr. 11054 May 354 Feb. 12 ~ _ 15 I 14 20 10 20 21 14 20 12 1 29 12 8 8 13 7 16 87" May" "3 4 6 23 2 6 8 Jan. 13 Jan. 13 Jan. 14 Jan. 13 Jan. 5 54 Jan. 6854 Jan. *754 Jan. 3454 Jan. Apr. 9 9 2 6 33 % 49 May *754 May 254 May 2 17 29 16 21 14 29 1654 Feb. 20 Mar. 11 Mar. 7 1854 53 54 854 354 2754 Feb. 155a May 51 9 Jan. Fen. 1554 Jan. 4 54 Feb. 1954 May 3 Apr. 754 Apr. 7654 Feb. 754 Apr. 2 10 • 554 Apr. 24 18 3 Mar. 21 6 1254 Jan. 118 Jan. 17 Jan. 1954 Apr. 51 9 ~ 23 254 654 1454 3054 23 54 2 54 Jan. 10 30 9 27 44 54 30 % May 38 Apr. Jan. 6 Jan. 10 16 Jan. 10 2354 554 2154 454 1154 Jan. Jan. Jan. Jan. Jan. 27 6 13 4 9 85 Jan. 8 12 Jan. 6 II" Mar. 29 Jan. 24 Jan. Jan. 6 % May 29 554 Feb. 19 10)4 May 16 11 May 26 36 May 7 354 Feb. 13 34 May 27 254 May 20 3754 May 26 8654 Feb. 25 22 Apr. 254 Apr. Jan. 7 Apr. 395, Apr. 3 3 Jan. 29 43 Feb. 59 Jan. 10 112 Mar 125 . _ 3 8654 21 104 115" May May 3 54 May 52 54 654 Sale 40 "3% 20 54 3 54 Sale < Sale 10054 . 754 2 Sale 112 "2 ....* 100 Sale 49% Sale 27% Sale ' 754 Sale 754 8354 854 38 92% 2954 3% 50 63 Sale Sale 3 54 36% 42 654 1954 8 Sale Sale 3754 3% 9154 24 108 34 754 80% 754 40 3% 3654 954 19 54 3154 3954 Sale 55 Sale 39 7% preferred ---100 Caterpillar Tractor .* Celanese Corp. of America...* 7 % pri or preferred .100 Celotex Corp ♦ 5% preferred--.. 100 Central Aguirre Associates...* Central Foundry Co l Central 111 Lfc454% pref... 100 4% 454 ' 20 3 Sale l--.fi 40. 354 Sale Carpenter Steel Co Carriers & General Corp page 954 11654 Sale 30 May May May May May May May May May May May l°oK 20 554 64% *754 $3 preferred class A._ .10 Car Clinchfieid & Ohio Ry_.100 Preferred lk 31% * — Century Ribbon Mills 2% 13 % Sale .>._* , Case (J I) Co 34% Sale 13% Sale j! m 70 9 May 1854 May 3054 May 39 4054 3854 May Sale 2 54 2 54 254 May Sale 6 654 May Sale 1054 10J4 May Sale 3154 30 May Sale 20J4 20 May Sale 954 Sale 954 May 112 11054 Sale 110)4 May Sale Sale I 3 54 May 454 59 71 Sale 58 May Sale 6 54 May 654 Sale Sale 23 2454 24 54 May 30 Sale 29% 29 54 May Sale 16 1654 1554 May 49 50)4 49 5054 May 38 2% 12% - 510 Sale Sale Sale 114 1 26,900 Calif Packing Corp., -.* 600 5% preferred 50 65,300 Callahan Zinc-Lead 1 59,500 Calumet & Hecla Cons Copper 5 17,200 Campbell W & C Foundry...* 65,500 Canada Dry Ginger Ale -.5 180 Canada Southern Ry Co 100 225,000 Canadian Pacific Ry.., 25 9,200 Cannon Mills | 5,400 Capital Admin Co Ltd cl A 2,030 8,700 20,500 18,200 2,310 57,500 58,800 7,900 114,400 2,720 28,100 19,800 1,640 5,100 13,900 1,600 . 3% 33 22 % >--* : 354 954 45 % .5 10U * *--100 - , 40- -. Preferred 7% 10,680 63,500 Budd Wheel-..-- 1 37 Sale - 62,200 Bucyrus Erie Co 1,130 7% preferred... 68,800 Budd (E G) Mfg . Sale 4% Sale 12% Sale ,-.* 27,800 Brunswick-Balk e-Collender. * Co • ... - 17,500 Bullard 110 5354 Sale 22 */g Sale 19 54 Sale — lnc Sale 107 Brewing Corp of America. -.3 Bridgeport Brass Co Briggs Manufacturing———* Briggs & Stratton. * Bristol-Myers Co 5 Brooklyn & Queens Transit. -* Bklyn-Manhattan Transit * Brooklyn Union Gas... Brown Shoe, 85 17% Sale — . Sale 13 — —— > Sale 18., May May May May May May May 5}4 May 24 May 7. May 654 May . 25 54 Sale May 14 May 5 23 May 28 3454 Jan. May 3 654 Apr. 18 854 Jan. May 2 654 Jan. 454 May 22 89 • May 16 May 16 90 Jan. May 15 554 Feb. 19 754 Jan. May 14 Jan. 7954 Mar. 8 87 87 Feb. 19 May 14 9954 May 26 May 9 Apr. 23 3551 Jan. May; 5 85 it- - May 9 9654 Mar. 18 • Jan.2 Mayk- 7 3054 May 2 May 8 6054 Jan. 7054 May May 13 1354 Feb.1 14 2154 May May 13 1354 Feb ^ 15 2354 Apr. May 13 1654 Jan. '2 30 • May May 7 2054 May 31 2454 Jan. May 22 107 May 29 11054 Jan. May 28 654 Feb. 14 754 Jan. Feb. 14 50 May 10 May May< 2 May 16 72 54 Jan. May 15 111 Apr.'22 11854 Jan. 6 7 Feb. 4 Jan. May 6 May 9 254 Jan. 154 May 3 13 May 9 2054 Jan. May 6 May 27 554 Jan. 254 Apr. 17 „ Sale 29 Bethlehem Steel Corp (Del)__* - 3,500 15,500 13,300 1,100 1,000 12,500 3,280 16,700 2,000 1,100 6,500 33 0 754 8354 9954 2854 9i54 May May 6 , 127 7 . 8i* 1254 May 354 May , ■ 110 31 — 270 640 2,500 6,900 100 Sale Sale Sale 354 Sale 6 554 Sale 24 Sale 24% Sale 7 %, Sale 754 i 854 654 7 654 V 754 29-54 Sale;. -2954 2954 30 9 8% "Sale 954 20 54 2154 22 ' 21% Sale 26 2654 2554 2654 2554 23 .23% 2354 2454 23 54 105 10354 105% 103 10354 105 103)4 105)4 103 t30% 33% 2854 33 54 114 107 115 112 10954 754 754 754 Sale 754 11% 1054 34 % Sale 3454 Sale 3254 19 Sale 16 54 Sale 1554 56% Sale 5554 5654 54% 27 Sale 2754 2854 2654 69% Sale 6954 Sale 6854 122 Sale 122 122% Sale 23 54 i 24% 24 26 24 1654 Sale 1954 Sale 1654 I ra 6% 7% .654 7 654 13 54 15% 1454 15 i 1454 11% 1054 1054 1154 90 81 77% 7754 90 12 54 14% Sale 13% Sale 26% 27% 2654 2654 2554 90 94% 96 9054 Sale 39 Sale 42 54 Sale 3854 18 Sale 18 1954 1954 19% Sale 1854 19 54 18J4 17 Sale 1654 1654 16 154 Sale 154 154; 154 32 34 •• 32 3154 32 107 123 Bendix Aviation Laughlin lnc —5 Bloomingdale Bros.-; -* 350 Blumenthal & Co pref--—100 180,300 Boeing Airplane Co. —. 5 20,000 Bohn Alum & Brass Corp.6 —* 1,420 Bon Ami class A—* Class B 2,590 1 21,900 Bond Stores lnc 109,400 Borden Co (The). ,-—15 75,500 Borg-Warner Corp.. *-.5 9,800 Boston & Maine RR 100 8,500 Bower Roller earing Co -—5 400 300 3 % 6 13% 354 654 554 . 150 g 6,800 9,900 1,100 1,000 3,600 20,400 3,800 103 —— 199,000 46,200 I 4,000 18,300 292,400 15,500 12,400 14,400 45,000 3,100 1,750 14,000 1,200 3,700 37,500 2,800 1,600 4,400 --—50 BarnsdalLOilJDou 1354 Sale 54 Sale 554 Sale 24% Sale 954 Sale 654 .7 , 28 54- 2954 844-Sale-24% Sale 28 54 Sale 24 54 Sale 100 Pref ex-warrants 310 Beech Creek RR Co-i.-— -50 ri 2,700 Beech-Nut Packingsi---_-_20 ; 9,900 Belding-Hemin way. «; - — * 21400 U 4 — ; .1,100 —100 — - 100 700 1854 Sale ; 354 Sale 4% preferred 100 Bangor & Aroostook-,-—-,.50 5% conv preferred—100 Barber Asphalt Corp _10 . Feb. 5 y * Baldwin Loco Wks vt tr ctfs. 13 80 , <■ 162,800 113,600 89,900 11,700 .'3,880 30,300 7,100 2,540 7}' May 90i; 94 i 2854 2854 85 88 2654 Sale 6954 6454 Sale 1854 17 19 2754 26 Sale 2054 10754 107 Sale 654 9 1 26 60 May 22 54 Sale 2054 106 106% 108 654 6% Sale 49 % Sale 49 M 4954 49 60 60 61 6454 6454 11354 11654 113 114% Sale 7 654 7 654 6% 154 154 1% 1% 154 13 13 14 1454 17 2 54 Sale 354 Sale 254 trm May 28 1054 May 21 May 14 154 May 1 May 1 2754 May 1 May 1 11154 May 23 May 5 454 May 6 May 1 5554 May 8 454 May 89 May 654 May 654 654 - m 4% 11 89 80 75 90 di Sale , 23 Sale . A* 86 Highest Sale Prices 1 62 , Lowest Sale Prices 9 Sale 45 25 Yg Highest Sale Prices 27 r 4% Sale 51% Sale Sale Lowest Ask Ask Bid 10 8% 1% Sale 27% Sale 2% 29 29 Sale 47,900 Armstrong Cork Co * 5,600 Arnold Constable Corp—%~~5 85 v 8 Sale 6,800 Artloom Corporation. 40 100 7% preferred 100 Sale 73,800 Associated Dry Goods 1 83 3,100 6% 1st preferred-100 92 Sale 3,700 7% 2d preferred-100 11 34 54 2,600 Associated Investment Co—* 36 % 93 X Sale 5% preferred *—---100 3,560 "732,000 Atchison Top & Santa Fe_!100 Sale 53,600 Sale 5% preferred 100 278,300 Atlan Coast Line RR--i—-100 Sale ^ t--l 25,300 Atl G & W I SS Lines16 33,000 Sale 5% preferred 100 15* Sale 89,900 Atlantic Refining 24 25 2,600 4% conv pref series A—100 11054 Sale ;■ 72,700 Atlas Corp Sale —---5 16,200 6% preferred --50 * 2,700 Atlas Powder 70 1,520 5% conv preferred-100 113 11854 10,700 Atlas Tack Corp 6 54 6 % * 5,400 Austin, Nichols & Co2% Sale 2,070 $5 prior A— 15 -----* k16 448,000 Aviation Corp (Del) The 3 454 Sale 16,800 31,500 1 Sale Prices May 31 Mayl ! 1,100 RANGE SINCE JAN. 1941 Jan. 1 Shares PRICES IN MAY Jan. 2 N. Y. STOCK EXCHANGE Since In III 110 40 4^ Jan. 6 Jan. 10 Jan. 14 1 Jan. 6 Jan. 17 9254 May 20 3054 Jan. 14 Jan. 2 5054 Jan. Apr. 1854 May 26 2854 Jan. 11654 Mar. 19 !2054 Jan. 29 Jan. 13 40 7 9 „ Jan. 2 6 7354 Jan. 14 Feb. 14 May 5 22 54 Mar. 25 254 Jan. 13 Apr. 22 May 27 11554 Jan. 29 3 Apr. 4 Jan. 9 65 Mar. 11 Feb. 3 Jan. 13 254 Feb. 19 97 87 Apr. 2 May 3 6654 1654 154 10954 154 454 N. Y. STOCK Junk, 1941] AGGREGATE SALES .v STOCKS Shares 1,600 1,800 15,200 51,600 300 6,300 13,400 9,700 17,300 1,800 9,900 900 1,000 1,200 900 2,300 • 300 1,100 2,600 1,290 59,800 7,100 830 160 560 1,500 7,600 9,100 900 ■ 10 *7"iio 160 390 2,620 5,200 . 1,200 130 130 70 200 10 210 —-20-,000 6,600 -l-lSrlOO 31,900 - •, 130 4,400 400 16,800 300 4,700 . 130 2,100 330 2,350 220 ■. ,7,500 4,800 50,800 1,500 480 700 117,500 7,300 41,700 7% 14X i Sale 19 44 X Sale Sale il" 8 Xt 2*4 ■L* 8 10*4 2 *4 Chile Copper—-— 25 Chrysler Corp—. -5 City Ice & Fuel * 6*4 preferred-100 City Investing Co 100 City Stores — 5 Clark Equipment — * o o c & StL By Co 100 5% preferred-100 Cleve Klec 111 $4.50 ser pref—* Cleve Graphite Bronze (The).l 5% preferred- — .— -----100 Cleve & Pitts br Co 7% gtd-50 Special gtd 4% stock 50 ►1 Climax Maly-briLejaiJua.Co —.—* Cluett Pea body & Co---* Preferred 100 Coca-Cola Co (The) ——* u Sale Sale Sale Sale Sale 38*4 5°h ' 27 72 x Sale 9*4 94*4 Sale *32 8*4 1 ?4 Sale 24 Sale 5l% 9 96 90 43 45*4 36 Sale 2h 145 85 Sale 113*4 31 32*4 82 2*4 2*4 33*4 Sale „ 130 293,800 10,400 2.50 * : — 6% preferred series a - - -100 5% preferred ——100 *.—* Columbian Carbon Columbia Pictures Corp $2.75 conv preferred Commercial Credit 4>4% conv. * * -—10 preferred—-100 Trust—* of 1935-* -* Commonwealth & Southern--* 866,300 $6 preferred. * 74,500 Commonwealth Edison Co.-25 243,400 Comm'l Investment $4.25 conv. pref ser Commercial Solvents 16. '2*4 38*| 9r 4 7 2*4 7*4 5*4 13*4 38*4 50*4 " % 54 *4 8*| - 12*4 1*4 24 * 10*4 100 43 2*4 34 "75" 75*4 73*4 113*4 112 112*4 112 Sale 24*4 25*4 25 98*4 100*4 98.' : 83*4 82 82*4 82 49 51 48*4 Sale 3.5*4 3_5m u2*4. Sale ^2*4 33*4 31 Sale 144 144*4 144 Sale 89 89*4 89*4 61*4 60*4 61*4 60*4 Sale 12*4 13*4 Sale 103*4 103 103*4 102*4 Sale 18*4 19*4 18*4 113*4 110*4 1u 110*4 26*4 84 . Sale Sale ■ Mar. 18*4 73 75 1 70 60 Sale 72 Sale 5*4 Sale 22*4 24 29*4 Sale 103 X Sale 35X Sale 108*4 Sale 10*4 Sale % Sale 51*4 Sale 29*4 Sale 66 77 73 4*4 4*4 Sale 22 Sale 23*4 101*4 100 Sale 29*4 107*4 103*4 Sale 9*4 Sale *4 Sale 51*4 Sale 24*4 300 4,900 27,700 1,100 350 730 20,600 63,400 11,300 1,400 2,600 2,700 126,700 800 5,700 4,600 200 5,000 34,700 8,200 9,900 ' < 14,100 1,500 7,200 24,000 50,300 1,200 3,900 400 1,180 10,700 550 5,400 6,900 8,000 2,120 1,800 1,500 6,900 190 1,200 8,800 800 22,900 4,200 360 6,000 240 610 4,300 500 18,000 400 3,400 93,600 10,600 2,400 29,300 131,300 30,000 2,780 6,970 97,400 366,900 39,000 7,100 14,700 17,300 417,700 4,900 19,900 8,700 4,200 30,100 122,500 50,200 24,900 77,300 22,000 41,100 209,800 197,100 8,500 28,300 4,100 6,470 81,300 3,660 37,000 32,500 83,200 10,160 14,300 19,300 34,200 2,520 5,300 61,200 4,520 169,200 23,900 2,100 85,600 5,030 9,520 28,400 4,510 94,300 1,800 20,800 610,900 59,700 ""220 6,200 "500 7,500 120 Conde Nast Publications----* 3 * i 17 Sale Sale 27 Sale 25 Sale Congoleum-Nairn Inc - — Consol Aircraft Corp Consolidated Cigar-- * 7% preferred---—------100 6*4 % prior pref-.--—-.100 Consol Coppermines Corp 5 Consol Edison Co of N Y Inc.* $5 preferred —---—* Consolidated Film Industry—1 $2 par tic preferred— * Sale 3*4 14*4 Sale 94 96 7 96 96*4 Feb. 22 145*4 19 106 62*4 Mar. 17 13*4 Feb. 14 Jan. Feb. II* 56*t 20 Fibre..6 2.50 Continental Motors .....1 Continental Oil of Dei 5 Continental Diamond Continental Continental Insurance Steel Corp * 5 Copper weld Steel Co Conv pref 6% series 38*4 38*| 19*4 22 Sale 18*4 Sale 16*4 14*4 52*4 41*4 45*4 25 x45*4 1 1 25 100 5% conv preferred Cream of Wheat Corp (The)..2 Crosley Corp (The)..... * .* conv pref w w Preferred ex-warrants.. Sale Sale 4*4 4*4 Xt Sale 18*4 106 18*4 Sale Sale Sale 4*4 27*4 Sale Sale Sale 82 * 46 X Sale 37 ...100 97*4 2*4 4*4 Sale 85 10 100 75*4 preferred 5% preferred Cuban American Sugar Preferred -..— 45*4 45*4 76*4 Sale 44 * 1 33 ...1 29 Sale 100 • 70 78 Prior preferred Curtiss Wright Corp Class a Cushman Sons 7% pref.. * 26,700 5 2,100 Davega Stores Corp Conv 5% preferred—.—25 1,600 Davison Chem Corp (The)—.1 25,300 880 Dayton Pr & Lt 4 Hi % pref-100 40 40*4 l\v* Sale Sale 5*4% conv preferred——100 Cudahy Packiug Co 30 Cuneo Press Inc .....5 Curtis Publishing Co (The). Preferred -..--.* 40. 23 14*4 91*4 Cuba kk 6% preferred---.100 For footnotes see page 3*4 % 13*4 99*4 16*4 6 * Crucible Steel of America $8 preferred Cutler-Hammer Inc 170 45 44 Crown Zellerbach Corp conv 57*4 Sale * $2.25 $5 zl77 * Crown Cork & Seal 36 3 Sale 51 Crane Co 33*4 7*4 Sale 55 Coty Inc Coty International Corp Sale 13 Sale 3*4 81 47*4 Sale 25 l\H Sale 9*4 43*4 19*4 3*4 17*4 7*4 113 Sale 33*4 7 x 37*4 4*4 18 Sale 113*4 Sale May 26 / 4*4 Sale 48*4 Sale 21*4 12*4 10*4 % 93*4 5 May 1 May May 23 32 May 27 May 14 6 May May 26 7*4 35*4 2*4 19*4 16*4 13*4 52*4 40*4 May 5 1 1 27 9 5 3 7 3 20 1 7 23 13 28 7 29 1 .'2 15 19 6 3*4 May 81 May 2 6 Sale May 11*4 May 20 May 1 May 41 May 31*4 May 7*4 May Sale 25*4 May 15 4*4 Sale 85' 87 50 51*4 12*4 20*4 12 20 1 Sale 41*4 40 31*4 Sale 27 72X 21 1 16 48 1 6 20 8 4 Sale Sale 110*4 112 3 10 21*4 Jan. 31 21 6 Jan. 6 20 Jan. 24 Jan. 9 25 72 Apr. 2 80*4 Jan. 17 6 6*4 Jan. 4 29 16 17 !VA 20 Jan. 16 Mar. Jan. 8 104 7 6 7 May 20 37*4 Jan. 10 Jan. 15 Apr. 28 110 11*4 Apr. Feb. 15 3 5 May 19 8 Jan. 30 May 26 1 2 6 2 28 31 37*4 3*4 22*4 17*4 14*4 Jan. 1*4 Jan. 13 2*4 May 6 2 Mar. 31 18 Apr. 4*4 May 21*4 Apr. May Apr. 34*4 May 8 May May May May May May 53 May 45*4 May 46*4 May 174 May 4*4 May % May 14*4 May 100*4 May 16*4 May 6 May 23 May 42*4 May 43*4 May 12*4 May 85*4 May 39*4 May 86*4 May 2 May 4*4 May 87 May 50*4 May 12*4 May 21 May 1*4 May 1 20 29 Mar. , % Jan. 4 Feb. May May May Apr. May May 1 3 1 6 10 16 Jan. 28 Jan. 15 Mar. 19 2354 Jan. 10754 Jan. Mar. • 1 Jan. 103 Apr. 12 Mar. Apr. Feb. Feb. Feb. May Feb. Feb. Jan. 99*| May 27 6*4 Feb. 3 32 14 2*4 May 26 17*4 Feb. 24 15*4 Apr. 25 13 Apr. 21 Mar. 31 40*4 Jan. 8 8*4 Feb. 7 39*4 Mar. 26 2 4*4 Jan. 6 22*4 May 23 *4 Jan. 14 2 18*4 Jan. 56 Jan. 16 52 Feb. 18 40 X May Apr. Mar. Apr. Jan. Apr. May May Jan. 52*4 Jan. 47*4 Jan. 21 31 182*4 Jan. 4*4 Jan. 23 *4 Jan. Feb. 20 7 42*1 170 3 54 *4 13 96 54 15 54 9 May 28 12 23 21 12 3 7 26 _ 13 27 8*4 May 12 3*4 Jan. 13 6*4 May 21 1*4 Apr. 1 2 4*4 Jan. 23 X May 8 106*4 Jan. 22 2 15*4 Jan. 14*4 May 28 Jan. 35X Feb. 10 F eb. May 31 Jan. 2 21 13 8 8 3 24 28 5 28 6 Jan. 18*4 30*4 15*4 97*4 Apr. 10 2 61*4 Mar. 20 30*4 Jan. 11 Feb. 6 21 31 14 2 5 13*4 Mar. 19 3 114 May May May May 18 19*4 Jan. 107 Jan. 19 Jan. 24 8 13 16 4 14 10 16 4 6*4 Jan. 27*4 Jan. 45*4 Jan. 24 1 27 23 454 6 19*4 May 28 40*4 Feb. 14 2l 40 24 45*4 Jan. 15 9 7 12 9 10 13 22 22 22 11*4 May 82*4 May 35*4 Apr. 14 82 Apr. 1*4 May 3*4 Feb. 1554 Jan. 5 1 23 42 31 33 15 5 &K 27 1 16*4 May 21 May 13 May 23 May 6 May 31 11*4 May May 1 May 41 May 30*4 Apr. 7*4 Feb. 24*4 Apr. 9 7 92 Jan. 47*4 98*4 3 *4 5*4 3 Jan. 6 Jan. 7 Mar. Mar. 10 88 53 72 Feb. 41 *4 Feb. 20 10 Mar. 11 __ Mar. 11 16*4 Jan. 20 8 23 19 14 22 25 16 Jan. 25 2 1*4 Jan. 6 45 Jan. 9 34 H I'eb 10 9 954 Jan. 29*4 Jan. 10 4754 Mar. 1954 Jan. 3*4 Jan. 17*4 Jan. 8*4 May 29 8 15 10 20 86 47*4 Sale" *16" May 22 2 103*4 Apr. 9 30*4 Jan. Feb. May May May May May May May May May May May May May May May May May May May May May 3*4 15*4 30*4 11*4 May 20 84 90 : May 23 93*4 1 5*4 May 19*4 17*4 May 31 95 May 26 103 1 *4 9At May 3 8 May 8*1 2*4 2*4 May 12 1 6*4 5*4 May 1 1 *4 May 3 4*4 3*4 May 1 23*4 17*4 May 100*4 May 31 102*4 xip 43 15*4 7*4 6 May 5 May May 19 2*4 2*4 "May 21*4 Sale May 17*4 17*4 14*4 May 13*4 14*4 May 53*4 51*4 53*4 May 41X 41*4 44 46 45 May Sale 45*4 170 May 174 170*4 172 3*4 May 4 3*4 Sale Sale % *4 May *4 Sale 13*4 May 14*4 Sale 96*4 May 98 *4 Sale Sale 15*4 15*4 May Sale 5*4 May 5*4 Sale 20*4 19*4 May 20*4 41 May 42 40*4 43*4 49 40*4 May 38 43 11*4 May Sale 11*4 Sale 87 85 82*4 May 85 Sale 36*4 May 37*4 Sale 82*4 May 86 83*4 Sale 1*4 May 2 3*4 2 Sale 32*4 Sale 8*4 Sale 25*4 Sale 86 74*4 15 3 8 Sale .Sale 47 Sale 1*4 4*4 22*4 Sale 32 aVA Sale Sale 48*4 Sale 4 21 8*4 2*4 Sale 103*4 100*4 Sale Sale 13*4 Sale Sale 13*4 Sale *4 1 % 99 X 94 98*4 4*4 60 100 Sale Sale *4 3*4 3*4 14*4 24*4 10*4 82 98 Sale 19*4 Corn Exch Bank Trust Co..20 Corn Products Refining Preferred Sale 15 Sale Sale 5 1 2 1 28 5 21 23 91*4 6*4 Sale 17*4 Sale Sale 15 May May 15*4 May 29 May 15*4 May 31 May May 20 r,VA 7 May it* 73 May 24 69 70 May 69 May 5 76 May 75 70 May " 1 4*4 May 4*4 4*4 May 16 24 23*4 May 22 May 1 Sale 21*4 May 20 25*4 May 99*4 May 26 101*4 May 100*4 Sale 28*4 May 20 31*4 May 105 104 May 9 105*4 May Sale 9*4 May 27 10*4 May Sale May % May 19 Sale May 50*4 May 27 Sale 24*4 May 26 26*4 May 11*4 2*4 6*4 *4 7 5 90 2*4 2 Jan. Feb. 83 8 1 Jan. 8 6 7 Sale Sale May Feb. 2 3*4 Mari 11 " 18 10*4 Sale 8 14 1-36*4. May 20 Jan. 34 9 18 Jan. 80 Sale Sale 50 Feb.. Jan. Sale 30 86*4 22*4 Sale 107*4 Sale X Sale 8 7X Consol Laundries Corp——5 2*4 aW Sale Consolidated Oil Corp 5*4 * Consol kb of Cuba 6% pf-100 1*4 *4 Consolidation Coal co—...25 4*4 Sale 5% conv preferred 100 19*4 20*4 Consumers Pow Co $4.50 pref-* 105*4 Sale Container Corp of America.-20 15*4 Sale Continental Baking Co class a * 7*4 Sale Sale Class b— ---* Sale 80 8% preferred—..—-—100 Continental Can 3*4 14*4 83*4 Jan. 29, Jan. 1 i 4 May 28 May 13 May 5 May.-20. May 13 May 1 May 12 6 May 24 61 *1 May 13*4 May 22 May 1 May 5 May 6 103 May 1 May 5 20 16 15*4 15*4 Sale 2*4 Sale Sale May 6 May 23 May 1 May 12 Apr. 1*4 Sale IX 1*4 Sale Sale 19X 20X 4X Sale 76 x Sale J an« 7 Feb. 15 37*4 Jan. 13 Apr. 26 Apr. 26 139 Jan. 15 Apr. 23 85 Jan. 24 Feb. 14 114 33 X Jan. 10 Apr. 10 May 23 100*4 May 12 6 2 9 13 14 4 s28 2 1*4 IX 2*4 1*4 IX IX Jan. Jan. Jan. Jan. 3 106*4 Feb. 10 ( May 17*4 Feb. 15 20*4 Jan. 10 Jan. 2 12*4 Apr. 22 18 3 Jan. 16 May 23 May 19 44*4 Jan. 13 3 94 May 26 102*4 Feb. Mar. 3 1*4 Apr. 1 Mar. 12 4*4 Apr. 24 Mar. 20 2*4 May 1 6 Mar. 20 8*4 Apr. 3 8*4 Jan. 10 Apr. 28 Feb. 19 15*4 Mar. 18 9 Apr. 22 44*4 Jan. 8 52*4 Jan. 13 Apr. 6 Jan. v* Heb. 8 Jan. 4 *4 Jan. 17 Jan. 6 X Jan. 18 9*4 Jan. 29 May 22 Feb. 9 7 13*4 Jan. 2*4 Jan. 27 May 16 27 Jan. 27 5 May 2 May 28 72*4 Jan. 5 1054 Feb. Apr.1 21 Jan. 3 100*4 Jan. 31 6 46*4 Feb. 20 May May 29 113*4 May 16*4 May 14*4 May 10 3 ,1*4 May 1*4 May 2 2*4 May May 27 7 1*4 May 1*4 May Sale 16 75 May 114 May May 28 26*4 May 23 100*4 May 28 '82*4 May 5 49 may- 51-36*4 May ~~5 33 x 5 May 17 145*4 92*4 May 23 34*4 554 37*4 21*4 103 May 1 May 29 May 2 May 5 May 6 May 1 May 5 May 6 May 6 May 6 May 7 May 31 May 10 May 29 May 8 May 7 may 7 May 10 May 10 May 1 May 9 May 12 May 26 May 9 May 6 May 12 May 2 - 73*4 112 48*4 50 .28 ^ Bale 33 >6 Sale 143X 147 106 Sale 60x 62*4 12 x Sale 102 X Sale 28 X 29 110 112 1854 19*4 • 19 ' 98 1 50 2.50 System Inc class a Class b 8*4 UH ■ 20 X Columbia Gas & el 33 45 154 1*4 26,500 18,200 7 20*4 Sale 25 ' 104 ' Sale 4V May 5 2*4 May 23 23*4 May 26 15*4 May 1 104*4 103 May 3 19*4 17*4 May 20 14*4 13*4 May 26 2*| ' 2*4 2*4 May 23 35*4 Sale 34*4 May 19 90 94 94 May 26 1 '' 1 1*4 May 1 2*4 Sale 2*4 May 27 2 1 2*4 Sale May 23 6 6*4 6*4 May 23 5*4 6 5*4 May 1 13*4 Sale 10*4 May 20 38*4 40 2 37*4 May 50*4 51 49 May 22 5j, '*4 X May 15 % X* VlO May 20 *33 hi May *4 i 5 8*4 8*4 8*4 May 22 11*4 13 11*4 May 2 1*4 May 16 20 24 ' 23 ' May 5 55*4 Sale- 55*4 May 28 10 10*4 2 8*4' May 98 99 97" May 20 43 43 46*4 May 6 2*4 May 27 2*4 2*4 30 32 32*4 May 22 Sale . 30*4 May 21 3 *4 May ' 7 26 May 17 16*4 May 13 28 18*4; 12*4 Sale 11X 37*4 30 104 Sale Sale 50 *4 - 780 18,200 17*4 15*4 2*4 37*4 9m 42 -----* $3 conv preferred 104 Sale Sale Sale Prices Sale Prices 27 Feb. 19 2*4 May 23 22*4 Apr. 21 15 *£ May 1 Sale Prices Lowest"" Highest Lowest Highest Lowest ' Ask 3 3*4 25*4 Sale 16*4 17 Sale 3 3H 2*4 6*4 Prior pref ($2.50 cum diva) * {Chicago r i & Pacific— —100 7% preferred 100 6% preferred— —100 Chicago Yellow Cab——.— * Chickasha Cotton Oil——10 Childs Co * 8,500 16,500 4,300 81,900 5,400 86,300 5,000 157,100 16,200 Sale 105 100 4% 1st preferred——.—100 12,220 4% 2d preferred .—100 2,610 Columbia Broadcasting j 120 900 3 2% 42 *4 39,100 Class a 2,000 77,500 Colgate-Pafmolive-Peet Co—* $4.25 preferred —* 3,700 * 27,800 Collins & Aikman—— 5% conv preierred 100 1,060 Colorado Fuel & Iron Corp—* 10,100 4,780 Colorado & Southern—-—100 600 1,400 1,000 16,300 21*4 21 103 *4 104 19*4 20 18 Sale 5% preferred .50 143,800 8,600 Chicago Mail Order Co.—...5 74,100 Chicago Pneumatic Tool— . 24*4 15*4 Western..—50 54,300 {Chicago Great 6,200 6,300 8,300 6,700 8,100 1,400 :. '14,800 27,300 1,720 381,900 36,500 7,920 29*4 Sale 35 May 31 Ask Bid 29 Sale Bid 30*4 Sale 4 5^ Sale - 180 Ask Bid 60,700 Cerro de Pasco Copper 31,400 Certain-teed Products----—1 6% prior preferred --100 20,710 * , 3,000 Chain Belt Co. Champion Paper & Fibre co— 840 6% preferred100 Common ---* 8,100 -.5 5,400 Checker Cab Mfg— * 35,200 {Chesapeake Corp Chesapeake & Ohio-25 185,200 Preferred series a —100 3,900 -* 26,500 Chic <nc East 111 kb Class a -40 81,200 500 , May 1 Par > Shares 7,700 2,800 3,710 • 1941 Jan.11 ' 1 Jan. 2, N. Y. STOCK EXCHANGE Since 7n May RANGE SINCE JAN. PRICES IN MAY Price v ; 33 EXCHANGE-STOCKS 17 May 3*4 15 14*4 May 26 "l5*4lviay"i 14*4 7 8*4 May 10 8*4 May 20 8*4 May 22 111*4 May ,2 110*4 111*4 110 42*4 Feb. 15 Apr. 3 Apr. 14*4 May 6*4 Apr. 109*4 Feb. 18 21 26 18 26 114 Jan. 24 N. Y. STOCK EXCHANGE-STOCKS AGGREGATE SALES PRICES IN MAY Price STOCKS -* —20 Deere & Co—— Preferred Deisel-Wemmer-Gilb Corp.-10 Delaware & Hudson 100 Del Lackawanna & Western.50 JDenver Rio Gr & West pf-100 Detroit Edison -20 100 30 Det Hillsd & S'west RR 11,640 Devoe & Raynolds A_—-—-* —-* 13,700 Diamond Match Partic 6% preferred—.—25 8,000 21,400 Diamond T Motor Car Co—2 - - Corp-Seagrams Ltd----* 5% prer with warrants—100 —* Dixie-Vortex Co— Class A Sale 88 85% slH 140 Sale * 1 * 8% * 21% 5% 9% -100 117 Nem & Co (E I)-20 163% preferred ----* Eastern Rolling Mills--—-—5 Eastman Kodak Co of N J—-* 6% preferred——— 100 Eaton Mfg Co 4 Edison Bros Stores Inc 2 Electric Auto Lite (The)—---5 Electric Boat 3 Elec & Musical Industries— Sale 6% Sale \%A 73 Sale 1354 Sale Ex-Cell-O 5 3 Corp Exchange Buffet Corp.—.* Fairbanks Co 8% preferred-100 Fairbanks Morse & Co —* Federal Water Service A-----* Federated Department Stores.* 454% conv preferred--—100 Ferro Enamel —1 Corp Fidelity Phenix Fire Ins..2.50 —* 10 (The)..—.—..* Florence Stove Co—------—* Florsheim Shoe (The) cl A--* Follansbee Steel ... - page 40. Sale 124 20 19 454 354 654 454 7 7 1354 May 2254 May 36 May 7 May 1254 May 6854 May 7 May 34 May 17 May 1454 May 65 May 120 May 1854 May 4 May 654 May 2754 1554 11 % 354 We 21 22 1 31 1854 Feb. 19 Apr. 30 14% May 21 27 May 3 May 2 May 8 May 13 May 13 May 10 May 9 114 4 20 May 4554 Mar. 13 Apr. 2154 Apr. 36 Apr. 6% Apr. 12% May 6854 May 7 May 34 Apr. 17 May 14 54 May 6354 Feb. May May 22 May 12 May 6 May 29 May 5 19 19 332 Jan. 9 1454 May 29 23 % May 9 37% May 28 8 May 8 1454 May 73 May 754 May 3654 May 2 12 22 3 28 20 31 1554 31 17 69 26 124 54 1954 1 454 5 654 22 Feb. 254 Feb. 120 23 18 21 29 25 21 12 22 3 8 31 31 19 2254 2954 1854 1354 3% We 2354 4554 1754 2954 Jan. Jan. Jan. Jan. Apr. Feb. Apr. Mar. Jan. Jan. 41 Jan. 3 1054 Jan. 1854 Jan. 11 86 Jan. Jan. 9 27 1754 Feb. 18 22 4 Apr. 21 654 654 May 22 954 113 54 Mar. 1 117 354 Apr. 12054 May 160 Apr. 2954 Fen. 1454 Feb. 25 Apr. 1254 Feb. Sale 15 15 Sale Sale Sale Sale Sale— 2654 1454 % 54 154 Sale 34-54-Sale3154 Sale 3054 Sale 2654 Sale 4154 43 109 Sale Sale % Sale 80 79 8254 8554 54 54 154 54 o Sale 111 3 54 7654 73 3 87 Sale 54 Sale 654 654 23 54 Sale We % 7 354 3654 Sale 34 Sale 1954 Sale 1154 ffi* 99 96% 25 23% 13% 1354 3% Sale % % 18% 18% 96% Sale 12% Sale 37% Sale 20% 12% xl7% Sale Sale 39% 40% 14% Sale 33% Sale 22 21% 6% Sale 26 27 % Sale 3054 2954 2854 3154 Sale 2954 3954 3854 109 11154 354 69 Ji* 72 76 79 8054 We 84. 54 154 1 1 154 % 54 1 78 Sale 54 We 1 Sale 36 Sale 354 654 W* 24 354 454 22 20 2554 Sale 33 54 Sale 1% 154 854 1754 10754 354 Sale 6 Sale Sale 1854 554 2554 We 25 54 3354 1854 35 11 9154 2454 1154 Sale !*• 54 T 1254 37 3 54 May May 1854 May 10 May 9054 May 2254 May 34 Sale 9054 2354 1054 22 2054 93 54 1254 3754 2054 23 354 1854 24 4 11 254 We 19 9254 1254 3554 23 4 22 Sale 30 43 32 54 154 154 854 1754 Sale 10754 454 654 Sale 1054 5154 5254 Sale a 11 5254 4 Sale 4 100 10054 104 46 54 4854 5054 554 Sale 554 13954 Sale 13954 354 Sale 354 354 Sale 354 1054 1254 1054 77 82 17 18 17 12754 129 120 §18 1128 82 Sale Sale 115 Sale 8454 83 81 81 * 2854 3554 115 24 70 80 3654 12454 4054 354 Sale Sale 6 654 654 108 10554 107 n8 99 We 17 2054 954 58 1854 1154 •1854 10254 1054 114 8154 127 Sale 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 3254 2 154 Sale 154 9 754 Sale 1754 109 107 54 May 454 354 May 7 6 May 11 1054 May 55 53 54 May 4 454 May 103 10254 May Sale 4854 May 554 554 May 142 54 13954 May 4 3 54 May 454 354 May Sale 1054 May 83 80 May 1754 1754 May 127 12654 May Sale 2854 May Sale 3554 May 80 Sale Sale Sale Xe 3754 4 36 120 12954 12554 4154 6 ay 14 32'54 May 30 % May 28 54 May 42 May 111 May 3 54 May 78 May 82 May 86 May 5 / May iff May 1H May 14 1 27 22 5 27 28 27 21 2 2 . 1 14 5 2 13 2 129 Sale Sale 4154 354 654 111 We Sale May 2 554 Jan. 23 142 Jan. 4 18254 Jan. 9 3654 Jan. 10 16 Mar. 28 33 54 Jan. 10 1754 Jan. 6 Jan. 75* 80 12854 3654 12454 40 54 354 6 554 3654 2054 1154 94 25 54 1154 254 54 1954 94 54 13 54 3754 1654 10454 36 54 1254 30 24 4 54 22 26 106 1454 9 124 26 254 21 39 31 35 1 8 12 31 1 1 15 26 13 1 154 154 854 1954 10854 4 54 654 11 54 53% 454 10 102 54 2 1 5054 6 142 54 3 54 1 1 26 454 31 1154 82% 1854 5 27 20 13054 29 May May May May May May May May May May May May May 11 May Jan. 13 Jan. 10 Jan. 13 Feb. 6 Jan. 11 2654 Apr. 3954 Feb. 108 % Apr. 354 May Feb. Feb. Apr. Apr. Apr. May Jan. 1 Feb. Feb. Mar. 15 1 5 2 12 10 21 27 13 6 13 28 1 6 10 May May May May May May May May May May May May May May May 6 8 13 12 21 13 6 14 2 6 6 28 5 21 10 Mav 13 20 20 1 8 6 10 28 5 17 8 10 26 13 20 14 13 12 9 1 8 2 May 1 May May May May May 12 108 May 1 We May 1 1354 May 2 102 May May 3 10 1 20 1 12 29 20 20 2 2 22 54 May 21 954 May 10 60 54 May 9 1954 May 31 12 May 10 2054 May 27 107 May 26 1054 May 22 Jan. 4554 Jan. 3 54 Apr. May 1854 May 34 10 a* Apr. Jan. 25% Jan. 1454 Jan. 4 54 Jan. Apr. 2154 Jan. 9754 Jan.* 1454 Mar. 3854 Jan. 54 Apr. , 1854 Jan. 9254 May 1154 Apr. 3454 Feb. 1554 10154 3154 1254 Apr. 23 Mar. 27 22 Jan 4 22 24 105 13 105 Apr. Apr. May May Apr. Feb. 254 Feb. 36 May 3254 May 154 Feb. 154 Apr. 7 54 Apr. 1714 ADr. 104 54 Mar. 454 Mar. 6 Apr. 10 ?4 Jan. 4754 Jan. 4 Anr. 3 25 30 31 28 21 19 17 46 39 2 23 30 21 16 10 6 7 23 27 23 14 7 1 14 15 14 9 10 10 13 Jan. Jan. Mar. 7 4 6 7 254 Jan. 854 May 21 22 18 26 108 28 8 Jan. 13 8 33% Jan. 4 2554 Apr. Jan. 4 29 Jan. 13 32 Jan. 2 7 10754 Jan. 7 2054 Jan. 132 Jan. 7 354 Feb. 28 4 16 2 15 31 10 Jan. 4254 Jan. 21 10254 May 46 54 Anr. 21 5 54 1854 Jan. 7 105 May 12 Apr. 22 May 21 4 4 30 3 Mar. 10 Mar. 17 100 9054 May 2154 Feb. 1054 Apr. 254 Apr. 4 Apr. 4 Jan. 9 Apr. 3 Feb. 28 Feb. 28 75 254 Apr. 23, 354 Jan. 554 Feb. 19, 854 Jan. 23 54 Apr. 30' 3054 Jan. % Jan. 54 May 221 May 15 May 24 May 2 May 10 May May May May May May May May May May May May May May May May May May May May May 23 Jan. Apr. 3 Apr; "C Feb. We May 16 2 70 7 54 May 25 54 May 5 17 31 29 28 5 29 20 9 2 23 24 2 9 7 2 6, 10 6 Jan. Jan. May 54 Jan. 154 May Feb. 2354 Feb. 65 Jan. Jan. Jan. 7554 We 54 54 54 12 9 4 10 8 Jan. ""27 "54 28 Jan. 5 3 54 May 2954 31 3654 8 114 54 May May 24 onH 82 May 27 May 29 83 9 12954 May 40 5 May 5 12554 May 5 4154 May 4 May 20 654 May 26 10554 May Sale 54 May Sale 13 54 1354 1154 May 102 9954 100 102 May 54 We Sale We May 18 18 1754 Sale 2054 2154 2054 May 954 954 May VA c VA Sale 5654 Sale 5554 May 1954 1954 Sale 1754 May 12 11 11 1154 M[ay 19 1954 2054 1854 May 104 10554 10254 May Sale 1054 1054 10 May « 27 May 654 May 2354 May 54 May 10654 104 54 106 105 13 54 1354 1354 Sale 1354 124 118 118 12154 12054 3 254 254 Sale 254 39 26 3 106 31 May 2* 138 75 Sale 1154 2054 1154 1554 Sale 1554 Sale 1554 103 54 10454 10254 10354 102 35 35 54 36 3654 3154 1254 Sale 1254 12. 1254 2954 2754 Sale 27 23 6 31 sr 35% 78 73 10 92 23 2254 1154 1154 3 254 We 54 19 1854 9454 Sale 1254 1154 54 May 154 May -snrMay 2954 May 28 May 2654 May 3954 May 10954 May 3 54 May 71 May 76 May 8354 May We May 54 May 1 May 8 May 26 14154 Jan. May 7 May 5 May 10 May 2 May 21 May 6 May 6 354 123 54 Sale 164 168 31 Sale 6 30 28 3 54 354 May 1 354 354 12154 Sale 12054 May 26 126 171 168 17 0 54 1 74 54 May 5 2954 May 20 3154 2954 30 * 16 1554 May 2 1554 16 1554 2754 2554 May 31 Sale 2554 Sale 14 54 13 54 Sale 13 54 May 27 Sale Sale 25 10 Jan. 1 16454 12054 Feb. 14 12554 11454 May 13 118 24 May 14 34 Sale 11 Jan. May 99 May 7 May 2 May 6 138 122 7 18 10 17 May 1 14454 May 21 12454 12354 124 11554 11654 11454 May 13 118 24 24 2454 May 14 26 Sale 10 4 26 79 Sale 143 9 24 2 37 Jan. 2354 Jan. Sale Corp— 10 5% conv preferred——.100 10 32 Sale 4)4% conv preferred-—-100 107% 10854 — Sale Sale 20 May 1 2754 May 1 14 54 May 21 954 May 24 3 May 1 We May 13 20 May 23 110 Food Machinery Corp - Sale 654 Highest Sale Prices 114 14 5% 854 Sale 18 1854 14% Sale 6654 Sale 121 12354 125 1854 454 Lowest Sale Prices 100 4% Sale 13854 Sale 180% 34% Sale Ok* 22 72 7 3454 1754 1454 6854 11654 118 Vi 30% 754 69 Sale Sale 100 103% 6% preferred series A First National Stores..—-—-* Flint koto Co Sale Sale Sale .5 — 7% 754 9% ---...-10 44,100 Foster-Wheeler 17% Sale 7% conv preferred--------* 118% Sale 1,700 * 14,600 Francisco Sugar Co 2% 650 Franklin Simon pref —100 46 41 43,200 Freeport Sulphur Co 38 Sale 10 13,500 Gabriel Co (The) class A • Sale 1% 1 44,900 Gair Co Inc (Kobt) 2% Sale 6% preferred— 20 7,000 6,080 Game well Co (The; --* "19"" Sale" 710 Gannett Co Inc conv $6 pref- * 103 107 22,700 Gar Wood Industries Inc— 1 Sale 5 2,500 5% preferred 10 5 5,400 Gayiurd Container Corp 12 2,400 5%% conv preferred 50 50 * 27,100 Gen American Investors Sale 100 $6 preferred * 106 29,100 Gen Amer Transp Corp-5 Sale 5 28,600 General Baking Co..— 7 980 $8 preferred* 5 39,700 General Bronze "3% * 25,100 General Cable Corp Sale niass A * 6,000 1554 Preferred 7 % 100 6,100 86 General Cigar Inc 9,100 * Sale 7% preferred—.— 100 2,320 •» 648,550 General Electric Co Sale -* 86,600 General Foods Corp Sale $4.50 preferred 2,600 11354 General Gas & Electric cl A..* 96,300 $6 conv preferred A 1,700 * Sale" * 10,400 General Mills——--. Sale 3,290 5% preferred 100 Sale 719,300 General Motors Corp———.10 Sale 85 preferred * 18,300 Sale 13,200 Gen Outdoor Advertising A-.* Sale Common * 20,300 Sale 11,500 General Printing Ink--.-j.---l Sale 310 $6 preferred * 108% » 17,200 General Public Service 19,300 General Railway Signal * Sale 350 6% preferred-100 110 39,700 Gen Realty & Utilities Corp—1 Sale $6 pref opt div series—5,900 * 18% * 29,800 General Refractories Sale —1 10,400 General Shoe Corp Sale * 28,160 Gen Steel Castings $6 pref Sale 20 14,900 General Telephone Co a2YA 68,400 Gen Theatres Equip Corp • Sale 3,200 Gen Time Instrument Corp..* Sale 260 6% preferred 100 5 22,600 General Tire A Rubber Co "l2~" 36 7 o Eureka Vacuum Cleaner- Evans Products Co Filene's (Wm) Sons Co 22,700 Firestone Tire & Rubber see 22 37 116% 33% & 2254 Sale Sale ;3% Sale 2254 3654 754 35 Highest Sale Prices 21 54 May 20 119 26% Sale 31% Sale 31 29% 40 41% 5% preferred 100 110% Sale Engineers Public Service—-—1 6% Sale $5 preferred— —-—* 65% Sale .Ho.oU preferred * 69 73 $6 preferred— — * Sale 78 Equitable Office Building * jErie RR 100 Sale 4% 1st preferred..—---100 1 Sale 4% 2d preferred —100 % Erie & Pittsburgh RR——50 72 80 Fajardo Sug Co Porto Rico-.20 Federal Light & Traction.-.15 670 $6 preferred— —* 11,000 Federal Mining & Smelting—2 —5 8,200 Federal-Mogul Corp * 11,600 Federal Motor Truck For footnotes 14 125 ■32 % 954 Sale 3 1354 13854 12354 33% 16% 15 54 We 2054 Sale 10 Sale Chemical Co 2754 1454 954 13 29X Sale Sale American shares 6,700 146,400 Electric Power & Light——* $7. preferred —? $6 preferred -* 36,900 * 18,200 Electric Storage Battery 14,500 El Paso Natural Gas Co—-—3 50 8,500 Endicott-J oh nson 760 28% 40 % il* 2154 Sale 27 Sale 3 Sale 15 _-61,4O0| 8,700 22,500 41,500 11,600 13,300 9,900 1,810 9,800 14 % Sale Sale 1554 Sale We % 2054 Sale 78 Duplan Silk 10,500 39,800 1,550 34,200 3,600 80,200 139,200 11,100 11,600 4,500 9,500 29,600 Sale Sale Lowest Ask Ask Bid Bid 20% 2754 1554 1054 Sale Sale 21 * Dresser Mfg Co Dunhill International-. " 3,340 20,300 31,800 7,200 Sale —* Doehler Die Casting Co Dome Mines Ltd— 1,530 Duquesne Light 5% 1st pf.100 68,200 Eastern Airlines Inc——.—1 10 2154 27% 18% 11% 2% We Ask 36 54 Sale 123,900 Du Pont de $4.50 preferred 15,400 12,700 27,400 26,100 3,700 Bid Douglas Aircraft Co Inc——* 200 2,210 91,200 9,500 6,400 3,410 18,100 28,600 23,500 2,400 i — Distil Dow 1 Sale Prices May 31 May 1 Par 35,900 4,500 2,000 2,380 28,800 45,200 74,100 18,000 29,500 11,200 6,200 JAN. 1941 Jan. 1 Shares 103,900 20,700 5,900 94,100 93,800 2,100 27,200 RANGE SINCE Jan. 2 N. Y. STOCK EXCHANGE Since Jan. 28 Apr. 23 554 Mar. 8 Mar. 1154 Jan. 53% May 554 Jan. 102 54 May 55 54 Jan. 21 21 15 8 10 10 6 8 754 Jan. 14254 May 17 May 1 Jan. Jan. 6 Apr. Apr. Feb. Feb. 22 25 86 54 Jan. 19 54 Jan. 122 Jan. 6 13054 Apr. 7 2854 3354 11254 54 May 29 Jan. 14 Feb. 15 8 Jan. 6 Jan. 2 Jan. Feb. 27 Apr. 10 Jan. 6 13454 354 354 1054 73 54 1754 38 80 126 6 21 19 5 36 54 May 123 54 Mar. 19 40 Feb. 14 354 Apr. 6 3 May 26 10554 May 12 8 54 Apr. 1154 Apr. 12 102 Feb. 19 2 We Jan. 16 54 Apr. 16 2054 Apr. 21 5 954 May 4654 Jan. 30 1754 May 22 11 Apr. 21 1854 Apr. 16 102 Mar. 17 10 Apr. 28 5 Mar. 20 654 Jan. 1554 Jan. May 0 10 10 28 9 Mar. 17 Mar. Jan. Jan. Jan. Jan. Mar. Jan. Jan. Feb. Jan. 19 2 28 6 2 7 4 15 3 27 Jan. 10 Jan. 15 Mar. 27 Mar. 8 Jan. 11 Jan. Id Jan. 4 Jan. 9 Jan. 6 Mar. 19 May 23 Jan. 10 AGGREGATE SALES In 1941 Jan. 1 Shares 700 8,100 1,400 2,000 1,400 20 16,200 2,300 18,900 2,300 300 10 10,700 1,500 300 1,100 2,500 3,500 200 8,400 53,200 4,700 210 ~3~, 006 37,300 2,800 4,100 1,400 20 14,800 16,400 400 — -.-sol 1,000 500 120 370 4,200 80 1,300 10 7,100 1,000 5,400 500 70 1,000 2,900 80 600 500 300 700 1,500 1,700 4,800 ~9",400 600 4,400 2,400 400 25,000 2.200 500 800 7,700 4,300 11,200 32,700 10,400 410 730 3,600 2,400 3,400 1,800 10 5,000 29,000 2,100 1,800 190 1,200 13,700 1,600 600 2,100 13,500 400 5,100 16,800 2,600 54,200 1,500 86,600 29,600 200 520 1,200 3,100 400 100 40,200 7,000 5,600 20 1,400 1,300 220 5,100 1,700 6,500 70 1,700 900 Bid — b 63,100 Gillette Safety Razor. 95 con* preferred 9,200 * 99,500 Gimbel Brothers $6 preferred 10,550 31,700 Glidden Co (The) 4)4% conv preferred 50 4,300 17,700 Gobel (Adolf) 1 1 17,200 Goebel Brewing Co 90 Gold 8c Stock Teleg co—100 * 87,700 Goodrich (b f) Co... $5 preferred * 10,200 * 121,300 Goodyear Tire & Rubber $5 conv preferred -* 9,900 5,100 Gotham Silk Hosiery Preferred 100 490 1 152,000 Graham-Paige Motors Granby Consolidated Mining Smelting & Power Ltd 5 18,300 1,400 12,100 7,800 17,000 2,600 35,300 236,100 38,900 1,310 Grand Union Co (The)— With div certifs 3)4 Sale 1354 44)4 1)4 slH 6 Sale 63 60 Sale 13)4 Sale 90 Sale pref 86 12 Sale 59 Sale 82 16)4 16)4 86)4 84)4 1)4 1)4 27 )4 25)4 % Sale nl* 27 27 25)4 % Sale % Sale 4 )4 554 Sale 10)4 9)4 2854 Sale 1154 10)4 9)4 Sale 23)4 23 1354 25)4 22)4 Sale Sale Sale Sale 140 42 52 29)4 1054 2954 Sale 11 Sale 10 13 54 13 Grumman Aircraft ling Corp.l 1)4 * 100 8%_ preferred— , 13)4 154 14)4 3)4 1 >25 100 7 89 164 15)4 Motors Hercules Powder 6% preferred 100 Hershey Chocolate * 94 conv preferred * Hinde & Dauch Paper co--.10 Hires Co (c e) The.. 10 Holland Furnace (Del) 10 Hollander (a) & Son 5 Holly Sugar Corp * 7% preferred —-—100 10 12.50 47,500 Homestake Mining 5,100 Houdaille-Hersbey class a—* Class b * 29,600 Sale 91 166 16)4 Sale 16)4 ~ $5 preferred Products Corp 200 Helme (g w) 270 7% preferred—— 86 17 1 * Gulf Mobile & Ohio rr Co. JX 80 100 Sugar 2)4 Sale rr.100 Greyhound Corp (The) 5)4 % conv preferred 154 12 1 Sale 28)4 33)4 Sale 29 )4 Sale 4)4 4)4 10)4 9)4 1054 10)4 9)4 9 2954 30 23 2454 15)4 1454 25)4 23)4 26 Sale 140 42)4 30)4 l°0% 1354 154 13)4 2)4 15)4 Sale 6 82 11)4 58)4 16 80 1 )4 241 5 7 1 Sdie Prices 2)4 May 2 35 May 2 654 May 10 64 May 9 1454 May 12 43 54 May 22 154 May 3 2 )4 May 1 82 May 21 1254 May 12 60)4 May 10 17)4 May 12 85 May 29 1 )4 May 5 25)4 May 28 )4 May 7 Highest Sale Prices 60 1254 40)4 1)4 2)4 82 11)4 58)4 16 79)4 1)4 25)4 54 454 May 12 10)4 May 10)4 May 954 May 30 May 24)4 May 15 May 2754 May 24)4 May 141)4 May 10)4 May 9)4 May 9 May 2854 May 2354 May 1354 May 24)4 May 22)4 May 140 May Sale 11 14)4 154 17)4 3)4 15)4 29 Sale 34 38 3 27 5 31 )4 1 16 1154 6 10 26 27 Feb. 29 28)4 May 33)4 May May 35 1354 m "May 105 105 1754 147)4 5)4 93)4 1)4 80 6)4 70)4 159 10)4 IT 106)4 May May May May May May May May May May May May 106 19)4 149 5)4 93)4 254 82)4 654 73)4 160 11)4 10 13 10 27 10 22 11 6 Jan. 1254 36)4 25)4 1554 2854 2654 Jan. Jan. 7 6 2 16 14 Jan. 22 Jan. 4 Jan. 11 Mar. 19 Jan. 15 Mar. 26 42 Mar. 26 29 H May 27 34 Jan. 13 Jan. 10 Mar. 11 5 28)4 33 21 1154 29 "2 13)4 10 104 24 103h 7 13 140 5)4 22 93)4 29 1)4 8 80 2 21 70 23 12 158 1054 2 ,3)4 1854 2 10 Jan. 2 1954 Jan. 138)4 Mar. 26 143 May May May "May May May May May May May May May May May May May 1)4 15 9 25 13 Mar. 18 22 9 9 Jan. Mar. 12 13)4 15 135 14 23 29 22 9 6 10 10 6 6 14 9 4)4 Apr. May May May May May May May May 1054 13 7)4 Jan. Feb. 21 x67)4 Jan. Feb. 24 1454 Jan. Jan. Feb. 25 46 2)4 Jan. Apr. 23 2)4 Jan. Feb. 13 91 Jan. May 21 1454 Jan. Apr. 19 May 20 65 M Jan. 20)4 Jan. May 15 Jan. Apr. 18 90 154 Jan. Mar. 10 May 28 28)4 Jan. 1)4 Jan. Apr. 17 10)4 May 20 9)4 Apr. 15 9 Apr. 22 Apr. 22 5 2 21 29 20 24 6 21 9 42 29)4 May 954 May 11 May 1254 May 1 )4 May 15 May 254 May 15 May 354 Jan. 3714 Jan. 2)4 May 13 34)4 May 24 5)4 Feb. 14 50 31)4 Uh 125 13"/% 106)4 108)4 105)4 Sale 104)4 105 105 18)4 Sale 1754 17 54 147)4 148)4 554 5)4 "554 94 89)4 100)4 89 54 2 1)4 1)4 Sale 82)4 80)4 82 54 79)4 Sale 654 654 *8* 7854 72 68 70)4 165 158 157 M 11 1154 1054 ~U)4 r|m. May 42)4 154 2)4 5954 1H 30)4 4 )4 Sale 82 Sale 25)4 54 13)4 64 * 39 100 Hecker 18,900 1,010 2,600 2,600 1,700 1,300 8,400 12,500 36,400 Sale 13 5 13 3 21 5 20 15 5 5 28 20 Sale Sale — Preferred 9,000 Hercules 45 14)4 4254 1)4 19)4 84)4 13)4 Prop—* Great West Sugar— Sale Lowest Sale Prices Highest Prices May May May May May May May May May May May May May May May May 65 60 62 h .. Great North Iron Ore Guantanamo 62 Sale 2)4 34)4 5)4 6354 Sale Sale —10 20 5% preferred Sale 35 6)4 1)4 2)4 82)4 Sale —* Granite City Steel 2)4 Ask 34 Sale 40 45 Sale 35 34 33 34 4,100 Hackensack Water — 25 34 36 '660 Preferred a 25 10,400 'hal 1 -printing -—--10 ...14 )t.-Sale 1354 1454 2,900 Hamilton Watch— * 360 6% preferred 100 10554 106)4 106 1 oio Hanna (m a) Co $5 pref—.. 23)4 Sale 20 500 Harbison Walker Refrac 150 640 6% preferred 100 140 6)4 Sale 8 400 Hat Corp class a 1 97 Sale 90 614% preferred 100 3 Sale 61,200 Hayes Mfg. Corp.-. .2 4,900 Hazel-Atlas Glass Co.. 25 93)4 95 4 254 Sale Sale 35 10 Grant (w t) Co Great Northern Ask Bid Bid Without div certifs 10 Green Bay & Western 25,500 Green (h l) Co 193,300 12,100 31,800 11,200 2,620 100,400 91,800 Ask Lowest May 31 May 1 Par Share" 15,800 2,400 16,800 1 Jan. 2 n. y. stock exchange Since RANGE SINCE JAN. PRICES IN MAY Price STOCKS May 1*5 EXCHANGE-STOCKS N. Y. STOCK June, 1941] 5 Feb. 4 12)4 1154 1754 154 Jan. 3 19 Feb. 19 Feb. 14 954 May 11 7 Jan. 1254 Apr. 23 ilH Apr. 22 Jan. 9 Mar. 10 354 Apr. 29 6 1854 May 33 Jan. 6 Feb. 18 38 Mar. 28 Apr. 19 1654 Jan. 8 Tan "."24 May "T 15 May 21 25 107 Jan. 16 Apr. 21 10654 Jan. 25 54 Jan. Apr. 14 16 Feb. Jan. Apr. May Apr. May Apr. Apr. 10 11 3 149 54 Feb. 18 654 Jan. 23 29 101 10 21 27 28 25 Feb. Feb. 3)4 Jan. 95 Jan. 754 Jan. 96 Jan. 7 166 Jan. Apr. 21 1654 Jan. 6 7 13 13 10 9 66 Apr. 22 77)4 Jan. 11 66 69)4 May 10 May 27 68)4 Sale 67 69 66)4 1 128)4 Jan. 8 xl23)4 May 1 125)4 May 26 xl23)4May 127)4 3:123)4 Sale 125)4 127 48)4 May 281 5654 Jan. 18 4954 May 10 52 48)4 May 28 48)4 53 4954 52 Jan. 8 May 19 115 May 3 104 May 19 108 111 116 97)4 102)4 104 107)4 109)4 16 Jan. 14 14)4 Feb. 14)4 May 21 15 14)4 May 21 14 15 14)4 14)4 15 17 Mar. 5 1554 May 16)4 May 23 1654 15)4 May 23 16 1654 15)4 23 May 3054 Jan. 10 8 23 May 28 2554 May 24 )4 23 "29)4 3054 2554 25)4 9 Jan. 24 6)4 Apr. 7)4 May 19 7 May 7 7 7)4 8)4 Sale 7 7)4 14 54 Mar. 10 9 Feb. 1154 May 5 13)4 May 31 13)4 Sale 954 954 1154 12 xl 07 )4 Apr. 14 *107)4 Apr. 114 108 108 107)4 5254 Jan. 42)4 Apr. 8 4354 May 6 45)4 May 31 44 54 Sale 45)4 Sale 51h Sale 39 Jan. 27 32)4 May 32 33)4 32)4 May 28 33)4 May 21 32)4 34 38)4 37)4 10 Apr. 1354 Jan. 6 7 10)4 May 5 1054 May 1054 Sale 13)4 Sale 1054 10)4 71 127 52)4 Household Finance— 6,900 4,000 55,930 19,900 4,900 2,400 43,800 37,100 69,700 128,300 32,300 2,220 3,490 * Common stock....... 62) 54 100 11054 113) 5% preferred 109 60)4 Houston Oil of Texas v t c—25 4 Sale 5 36 Sale Sound Howe Co Manhattan...^.100 5% preferred.. 100 Hud Bay Min & sm Co Ltd ..* Hudson & 9a» Sale 3 354 17 Sale Hudson Motor Car * jUupp Motor Car Corp 1 4)4 Sale 'At Sale Illinois Central rr..... 100 Sale 6% preferred series a Leased line 4% 100 100 Sale 37 Sale 111 3)4 2754 54 2)4 17 54 Sale 3 754 17 19)4 20 Sale 7,700 119,800 22,700 14,700 14,800 67,200 3,100 41,400 142,900 12,800 323,000 3,750 412,400 134,500 2,500 2,860 5,500 12,400 16,200 2,300 266,900 57,700 27,300 200 30 100 9,400 2,300 34,300 9,600 Sale Sale 112)4 * Sale Interlake Iron * Sale Prior preferred International * ......100 aVA Sale 164 * * Harvester 21 Sale 70 9)4 6)4 20 54 110 3)4 x7 54 1)4 32)4 Sale Sale 40)4 * 50 International Silver..... 29)4 Sale —100 7% preferred International Tel 8c Tel 99)4 * Foreign share certificates.. . Sale * „ Interstate Department Stores * Preferred 10 89 .......— —...—_* _ ..1 * 100 Kansas City Lt 1st pref ser Kansas City Southern... 40. b.* * 100 127 1254 Sale Sale 5954 Sale 12654 Sale 107 Sale 1154 Sale 120)4 Sale 4)4 Sale 14)4 1654 VA 3)4 Sale 130 49 1)4 32)4 15054 140 2454 125 Sale 128 Sale 13 Sale 14 63 Sale 38 68)4 Sale 154 1)4 32)4 32 41)4 40 1)4 36)4 39)4 28)4 Sale 3354 Sale 97)4 105 2 2 754 87)4 7)4 2754 132 41 ... Jones 8c Laughlin Steel pref. 100 Kalamazoo Stove 8c Furn Co 10 For footnotes see page Sale 1 Preferred- 4% preferred 754 ...1 Jarvis (w b) c«_. Jewel Tea Inc Johns-Man viilfl 2)4 Sale 37 754 Sale Sale * 36 354 3)4 100 ...100 o Sale 6 19)4 110 Sale International Paper 8c Power 15 5% preferred 21 20)4 109)4 110 4 354 354 Sale 754 Sale 1)4 Sale Sale 1 2554 International Shoe.... 9)4 7 7 International Salt.. x69)4 11)4 6)4 111 c 3)4 Sale 6 "70)4 Sale Sale Sale 15554 69)4 11)4 Sale 43)4 155)4 15754 1 1)4 Sale 100 93 152 Internation Mining Oorp....l 5% conv preferred Sale 2054 4 1854 654 2154 95)4 7 )4 16)4 4254 354 18)4 5)4 2054 150 International Nickel of Canada* Internatl Rys of Cent Amer..* Sale 6 At 7)4 17)4 4454 Sale 140 Sale Sale Sale 3)4 18)4 2954 )4 354 Sale 3 4854 May May 3)4 May 2654 May 54 May 2)4 May 1554 May 2)4 May 54 May 109 43)4 Sale 160)4 162 1)4 17254 Preferred 23 Sale 7% preferred 100 Internat Hydro-Elec Sys a.25 International Mercan Marine.* Intertype Corp 4,600 Island Creek Coal 8,300 96 preferred 330 28,600 11,300 35,200 1,040 24,900 3,100 1 Int. Business Machines.. 5)4 15554 Intercontinental Rubber. Internat Agricultural 4)4 Sale 554 Sale —* 100 7)4 44)4 Sale Sale Sale 54 254 1554 2)4 54 16)4 Sale 27,500 4 28 43 54 rr sec stock ctfs ser a. 1000 98,500 Inspiration Cons Copper insurancshares Ctfs Inc 8,100 Interchemical Corp.. 9,910 6% preferred 2,700 Sale 50 Sale 48)4 16 25,800 Indianapolis Power & Lt Co..* Indian Refining 10 11,000 industrial Rayon Corp.. * 23,600 * 11,700 Ingersol-Rand 6% preferred -.100 490 Inland Steel * 24 At 54 42)4 3 54 5 Sale Sale )4 354 Sale 107 41 28 28)4 30 31 27 54 8 109 454 1 2 30)4 At 3 22 26 1754 3)4 21 At 3 4854 10854 3)4 2654 54 254 1554 254 54 6)4 8)4 May 7 May 13 2054 May 12 May 3454 4554 May 22 May 254 4)4 May 10 May 18 H 2 19)4 May May 6 654 May May 2054 May 23)4 May 16 96 93)4 May 21 May May 22,15554 May 22 155 )4 69)4 Miay 10 May 15 71 9)| 11)4 May 29 May 6 1 6)4 May May 21 19)4 May 20 May 111 May 15 109 May 3)4 4)4 May 8 May 7 May 7 May 154 154 May 15 May 37 30)1 May 17 May 150 May 20 140 May 43)4 49)4 May 28 May 160 May 9 157)4 May 7 1)4 May May 6)4 7)4 May 15 May 3 2 3)4 May May 24 26 125 127 May May May May May May May 26 May 31)4 May 12)4 6254 154 32)4 39)4 100)4 May 97)4 101 1)4 May Sale 1)4 Sale 1)4 May Sale 2 2)4 Sale 754 May 8 7)4 90)4 May 94 94 90 7)4 May Sale 854 754 28 May 28 28 27 13254 May 13354 134 10)4 11 10 10)4 Sale 38 32)4 37 33)4 Sale 57 Sale 57 5754 Sale 124)4 125)4 124)4 12654 127 97)4 98)4 99 H Sale 97)4 10 10)4 10 10)4 9)4 118 118 118)4 3)4 4)4 3)4 Sale 18 19 17)4 18)4 Sale May 1 May 8 May 6 May 10 May 9 May 3 May 1 May 1 May 8 May May May May May May May May May 35^ 42)4 28)4 33 54 100)4 2)4 254 8)4 90)4 854 29 134 May May May May May May May May May May May May May May May May May 11)4 May May 5954 May 127 May 101)4 May 10)4 May 118)4 May 5)4 May 2054 May 38 2354 1 5 125 10)4 9 28 57)4 3 1)4 32)4 6 20 38)4 26 1 1 25)4 95 19 154 9 154 13 5)4 12 87 22 7 14 27)4 6 14 124 6 20 21 7 21 6 13 6 7 May Apr. Feb. Apr. Mar. Feb. May May Feb. 9 Jan. 27 64 Jan. 15 24 Ill 6 4 5i May 14 8 22 37)4 Jan. 3 54 Jan. 22 6 354 Jan. 18 5 26 19)4 Apr. 21 454 "Jan. 13 6 15 5-4 Jan. 8)4 2054 4554 4)4 21)4 Feb. Jan. Jan. May Feb. May May Feb. May May 10 Jan. Jan. 5 111)4 Jan. Jan. 101161 27 6 10 22 10 9 6 2 Jan. 14 Jan. 28 Feb. 28 Jan. 2 Jan. 3 Jan. 16 Jan. 10 Jan. 10 Jan. 6 Jan. 10 Jan. 4 Jan. 4 Apr. 21 Jan. Apr. 22 Jan. Feb. 25 Jan. Apr. Apr. 16 1 Feb. 17 Apr. 21 Apr. 10 Apr. 23 1 May 5 May Feb. 20 Apr. 15 Apr. 21 Apr. 24 Feb. May Apr. 4 Jan. 13 Feb. Jan. Feb. Apr. May Feb. May Feb. May 28 Jan. Mar. 26 May May Feb. Jan. 9 Jan. 10 Apr. 4 Feb. Jan. 17 Feb. Mar. 15 Apr. Jan. Mar. May 14 9 54 Apr. 21 Apr. 23 54)4 Apr. 19 124)4 Mar. 26 97 Apr. 21 10 May 20 118 Apr. 18 3 54 Apr. 23 15 54 Jan. 9 32 May 7 May 12 May 22 of/s 26 Feb. Jan. Jan. 4 16 2 May 20 Jan. 30 Mar. 21 10 Jan. 7 16 Jan. 13 Feb. 11 9 10 Jan. Jan. Jan. Mar. 12 Jan. 10 Apr. 4 N. Y. STOGK EXCHANGE—STOCKS aggregate sales Price Jan. 2 1941 STOCKS Since N. Y. STOCK EXCHANGE prices in may Jan. 1 , ; Par Bid 4,500 Kaufmann Department Stores 1 5% conv preferred 3,090 100 „.5 9,500 Kayser (J) & Co 540 Keith-Albee Orpbeum pref.100 Kfclsey Hayes wheel— Convertible class A -.1 22,900 Conv class B. 1 13,100 530 Kendall Co $6 part pref ser A_* 343,400 Kennecott Copper.-* 16,400 Keystone Steel & Wire Co—.* 4,000 Kimberly-Clark * 5,900 Kinney (G R) -1 $5 prior preferred 4,680 * 61,600 Kresge (S S) Co 10 1,100 Kresge Department Stores.-.1 117,100 Kress (S H) & Co — — * 47,100 Kroger Grocery & Baking—* 1,900 4,610 20,200 3,700 14,700 16,200 Laclede Gas Light---- 100 100 --* * 5% preferred Lambert Co (The) Lane Bryant -5 Lee Rubber & Tire Ask 13% 14 105 104 7M Sale 10454 Sale 18 Sale 37 54 13 54 37 % 1 % Sale 14 Sale 23 k 25 54 1% Sale Sale 2k 3k 26 26 54 Sale 29 554 6 17 54 Sale 12 % Sale 7 754 25 % Sale 2354 24 — . — 17% * 37,200 Lone Star Cement Corp 39 16,200 Long Bell Lumber A - * 3% Loose-Wiles Biscuit 25 14,200 850 5% preferred —100 108 59,800 Lorillard (P) common .10 Preferred ——100 2,390 * 23,200 Louisville Gas & Eloc A 19% 100 25,500 Louisville & Nashville 63% p ill* 29 17,500 Mathieson Alkali Works—.—* 6% conv preferred—-.-100 11,300 Mead Corp — * 250 86 preferred series A * 1,100 85.50 pref ser B with warr.-* 18,000 Melville Shoe Corp—-— 1 21,400 Mengei Co 1 6,350 5% conv 1st preferred-—50 26,700 Merch & Min Transp Co.. 6,900 Mesta Machine Co —o 44,200 Miami Copper -5 81,700 Mid-Continent Petroleum. -.10 12,600 Midland Steel Products ..* 2,560 8% 1st preferred 100 18,000 Min-Honeywell Regulator Co 970 4% conv preferred ser B--100 - > 20,500 4,300 50,000 17,300 62,200 4,000 23,300 9,800 33,000 1,640 1,410 l * 10 Minn Moline Power Implem-. 86.60 preferred Mission Corp Mo-Kansas-TexasRR A 100 {Missouri Pacific 100 5% convertible preferred-100 Mohawk Carpet Mills 20 Monsanto Chemical Wks 84.50 preferred 10 --* ... 13,300 Murphy Co (G O) 630 5% preferred 47,700 Murray Corp of America 2,500 Myers (F E) & Bro For footnotes see page 40. Sale Sale Sale Sale 25 % 11% 30% i 13% k 1254 Sale 1% 7 Sale 1 Sale Sale itP. Sale It* Sale, ii k 27% Sale Sale 27% Sale 172 24 k 25% 10354 —J— 1254 13 1454 Sale llll,uSale 25% Sale 754 8% 32% Sale 354 Sale 25 Sale 654 108 % 854 73 66 31% Sale Sale Sale 80 67% Sale Sale 4 24 Sale 15% 17% Sale 36 9% 1454 3654 124% 41% Sale Sale 38 Sale Sale 109 Sale 4 Sale 54 57 Sale 10% 1% % k. 13% 8554 116 Sale 42 23h * Sale 11% m* 4 Sale Sale Sale 52 54 1051 11% * 69% 100 10 * u7% 50 654 10354 3154 Sale 13 Sale 28 Sale 2 254 2754 26% 24 354 2354 2554 7 Sale 354 2354 Sale 72 11154 102 12 1354 1354 Sale 6 6 654 9954 100 3154 3554 Sale 1354 13* \vy* 26 25 27* 2 254 27 2754 29 24 23 54 2354 4 354 354 24% 2354 2354 24% 24% Sale 6 28 754 8 2254 Sale 1954 2054 112 114 Sale 254 2054 1254 2154 3154 554 3354 3 54 Sale Sale Sale Sale Sale 3354 81 Sale 82 54 83 12 654 23 19J4 108 254 38 2054 12 54 754 24 2054 110 254 4 Sale 1254 2854 5 33 77 80 a21^ Sale 554 34 79 81 179 18054 182 54 177 1954 1954 19 54. 1954 2254 Sale 2354 Sale 30 2854 3054 29 10 Sale 1054 11 1354 Sale 1354 1454 2054 Sale ,23 Sale --30-54"-Sale-- -28—-Sale*" 10654 10854 10454 106 1754 Sale 1954 Sale 40 Sale 3754 Sale 254 Sale 254 3 1454 15 1454 14k 1063»» 10654 10854 1554 Sale 1654 Sale ----- 157 158 140 1854 6854 Sale Sale 20 25 Sale 2554 2454 4854 2%% 10554 1354 1354 102 54 2054 754 3354 354 2954 654 10154 754 Sale Sale Sale Sale Sale 2554 176 Sale 254 2554 107 14 1354 10454 2054 854 35 Sale Sale Sale Sale 70 "2654 2354 12 25 k i* 2654 154 654 1354 154 454 ilg 1454 i* 12 54 2754 754 1954 2554 Sale 354 22 54 2754 28% 654 1554 Sale Sale Sale 254 103 Sale 25 108 24 Sale 2954 10154 Sale Sale 65 2854 Sale 2754 3 54 Sale J**- 1554 Sale 39 Sale 117 Sale Sale 3954 Sale 254 Sale 55 Sale 1054 ^ Sale 2554 29 3054 108 % o 254 54 254 5854 Sale 54 254 % °3J 14 Sale 116 3 Sale 45 2i* 70 2354 2754 119 Sale 14 7754 i%y* 78 116 11854 11654 123 3354 Sale 40 38 54 41 Sale 2754 Sale 7 54 Sale Sale 14 54 Sale Sale 1454 15 20 20K 254 53 51 Sale 10 Sale 61 62 54 11054 110 HI 54 Sale Sale 46 5 43 55* 46 2i* May 2 May 2 May 12 May May May May May May May May May Highest Sale Prices Sale Prices 12 Apr. 16 14% Jan. 10 100 Mar. 19 10454 Jan. 27 7 8 Jan. Apr. 16 6 24^ 3^ May May May May May May May May May May May May May May 7454 22 54 24% 2754 654 1554 2754 113 1 2554 May 21 15 135 May 6 2654 May 12 26 2454 May 7 28 1154 May 3 2754 May 17 16 7 154 May 1 May 13 27 12% May 24 May 20 May 1 23 954 May 21 May 2 26 May 12 May 20 May 5 May 28 May 6 v4 29* 2f* 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 29 28 2 26 23 1 1 1 May May "6 May 7 May 8 May 6 May 13 May 3 May 1 May 1 May 9 May 14 May 24 May 28 6654 May 2954 May 354 May 25 May 27 2954 May 2854 May 12 754 May 10 1754 May 21 31 May 13 119 May 12 42% May 21 . 254 May 10 May May % May 2 54 May % May "as May 1354 May 7754 May 114 May 11654 May. 3154 May 3854 May 2554 May 654 May 14% May 1854 May 254 May 52 May 954 May 62 May 11054 May 5 May May 2 54 May 57 May 1154 May 54 May 3 May 3354 May 40 May 9 10 Feb. 15 254 Mar. 10 29 H Jan. 25 Feb. Feb. 14 2654 Jan. 15 13 28 8 13 Mar. 3 Jan. ?Ik 11v* ll* 3 Apr. 14 Apr. 12 May 16 lk Jan. % Feb. 254 Feb. 1954 Apr. 2 13 14 12 Feb. Apr. 18 2854 May 31 Feb. 19 33 54 May 27 854 Jan. May Feb. 18 Jan. 17 14 3 6 454 May 754 May 23 9 Jan. 4 Apr. 3 May 22 May 22 Jan. 8 24 Jan. 13 45% Jan. 9 Jan. 23 Jan. 18 oih 39 ek 22 Jan. 3 Jan. 2 Jan. 3 Apr. 14 Jan. 4 Jan. 14 May 21 Jan. 8 Jan. 9 JanT—fi~ 29 Mar. 11 Jan. Jan. Jan. 9 3 Jan. 6 Jan. 18 Jan. 15 2 Jan. May 24 70 k Jan. 1 May 3154 133 May 15 138 23 54 Apr. 21 3354 22* May 26 27 Feb. 17 1254 9 3054 23 54 Apr. 4 154 Feb. 254 k Jan. 10 Jan. Jan. 25 5 k Jan. 12% Apr. 13 2254 1254 1I8 60 6 8 Jan. 854 27 54 2554 11654 3% 54 454 hp 3* 8 Jan. 7854 May 22 9654 80 May 26 98 17854 May 9 189 1854 Mar. 11 2054 2054 Apr. 21 30 x29 May 8 Apr. 15 Apr. 26 1654 Apr. 21 2854 28:ay"22i""34% 106 May 23 109 14 Feb. 19 1954 35 40 Apr. 21 Apr. 12 354 Jan. 30 1554 10754 May 27 11054 1554 May 14 1954 152 May 26 162 1754 Mar. 3 20 H 27 Jan. 21 Jan. 21 Jan. 10 Jan. 14 Apr. 7 Jan. 2 Mar. 10 Mar. 22 1454 Jan. 13 154 May 20 554 Jan. 14 Jan. 8 1354 Jan. 17 15 k Jan. 27 23 7 Feb. 14 30 k May 20 May 28 mp 19 103 54 1254 1254 103 54 19 754 31 3 24 May 5 1154 30 Jan. 15 10154 Apr. 30 109 6 Jan. 13 Jan, 5! 6 Jan. May 27 17554 Apr. Apr. 23 5354 Jan. 254 Jan. Feb. 24 8 Jan. 28 Apr. Jan. 23 10654 Mar. 7 Jan. 1454 May Jan. May 26 Feb. 20 111% Jan. May 29 2554 Jan. 9 Jan. Feb. 19 3 35 Feb. Apr. Feb. 19 354 Jan. Feb. 19 3054 May Feb. 6 22 29 23 14 8 25 6 6 30 11 9 2 6 1 Jan. 15 Jan. 9 May 21 9 Jan. 13 7054 Mar. 19 75 Jan. 16 5 May 27 54 May 29 3 54 Feb. 15 70 Feb. 4 33 54 Jan. 10 Jan. 3 2554 .Tan. 30 k Apr. 37 Jan. 15 7 65 21 k Feb. .14 Feb. 15 14 2754 May 23 654 Apr. 21 13 Mar. 26 54 Apr. 105 k Apr. 3954 May £107 54 Feb. 254 Apr. 6 21 21 29 16 Feb. 14 3 »st Mar. 54 Jan. 13 54 Feb. 77 112 115 Feb. 4 2 4 9 15 14 10 2 6 954 Jan. 1754 May 21 9 3854 Jan. 125 Jan. 4554 Jan. 19 110 954 Feb. 54 Jan. 154 Jan. 56 14 10 Jan. 16 454 Jan. 11 67 Jan. 13 1154 May 6 54 May 10 3 Apr. 4 % Jan. 14 % May 14 1554 May 19 8854 Jan. 7 Mar. 27 117 Jan. 6 120 Jan. 8 3954 Jan. 4354 Jan. 23 Mar. 3154 Apr. 30 3854 May 24 18 k May Jan. Jan. 38 14 2 20 54 May 3 54 May 554 May 2 1154 May 23 112 Jan. 15 2754 May 854 May 1554 May 5654 May 1054 May 6554 May 4 Mar. 26 Feb. % May % May 1554 May 79 % May 116 54 May 11754 May 21 24 2 Jan. 554 Feb. 1754 Jan. 2454 2554 May 22 May 14 172 45 May 15 May 12 254 25 May 14 2 5054 12 254 27 2554 7 106 27 1454 13 54 26 104 54 29 2154 8 854 33 54 21 1 354 21 3054 5 654 1 103 8 21 75 31 Feb. Jan. Jan. 354 May 22 2754 Jan. 9 2954 Jan. 10 May 27 174 3954 May 29 10754 May 22 109 56 13 18 Apr. 22 554 Apr. 23 ,854 < 9854 Feb. 21 106 31 Feb. 14 3754 12 Feb. 14 1354 21 7 27 1 lk 21 21 2354 22 13 254 22 21 *225-4 24 1 12 5 May May May May May May May May May May May May May May May 2454 May 48 Sale Sale 110 19 754 Sale Sale 25 K 6554 2754 354 40 954 6254 ii* IF8 108 IS* 2ip nh i* S8 106 10554 107 13 1354 Sale 1254 102 10454 10454 19 18 k 19 8 854 8% 32 32 54 32 354 Sale 354 2854 Sale 2854 6 654 654 Sale il?8 1254 172 5054 24 54 2454 2354 1154 2454 154 754 Sale 176 50 113 79 25 25 29 1054 8 16 31 16 654 16 101 1 3754 1 1354 9 28 5 254 20 29 5 2454 22 2 28 2654 \lh dh 133 2554 May May May May May May May May May May May May 12 6 754 May 25 28 1 May 6 1154 8 1254 May 28 754 13 May 13 22 54 3 May 21 1954 28 2054 May 10 111 16 112 May 6 254 28 May 12 54 2 May 22 3 2 454 May 22 1954 23 2054 May 22 Ilk 29 1254 May 22 21 28 22 54 May 15 2854 31 3254 May 6 5 23 554 May 13 33 54 May 9 8154 May 3, 80 May 26 83 May 2' 17854 May 9 179 May 2 1954 May" 8 1954 May 23 2254 May' 1 2554 May 6 x29 May 8 3054 May 24 1054 May 16 \\y* May 21 13 May 10 1454 May 29 2054 May 16 23 54 May 7 -28—~May-~22- "3054 May—1 106 May 23 10754 May 2 1754 May 15 May 29 36 54 May 7 May 31 254 May 28 May 15 1454 May 29 May 10 10754 May 27 109 May 27 1554 May 14 1654 May 31 152 May 26 15754 May 6 1854 May 2054 May 24 65 May 27 7054 May 7 74 54 "6754 J*' 2554 22 k 172 Sale 65 2754 2054 130 2454 Sale 2354 Sale 1154 1154 2454 2554 154 154 554 Sale 14 1254 154 454 Sale 9 % 1454 2654 754 2054 66 152 Sale Prices 13 May 31 1 10154 May 15 10254 May 31 7 May 20 754 May 7 114 May 8 117 May 2 10454 Jan. 22 12154 Apr. 18 114 Sale Sale Lowest Highest Sale Prices 12 May 9 98 2554 Sale 15 Sale Sale 123 6 1 -* * Sale 6 Sale* 41 1 117 15 Sale^ 38 50 116 174 5iP t Ask 11% 12541 13 Sale 10254 Sale 102% Sale 7 7% 7 75i 134 Sale Sale 119 Preferred series B 203,900 Montgomery Ward & Co 2,000 Morrell (J) & Co 11,520 Morris & Essex 17,200 Motor Products 15,400 Motor Wheel Corp 15,700 Mueller Brass Co. 10,700 Mullins Mfg Corp class B 2,660 87 preferred.—-5,800 Munslngwear 11054 mn * 7 % preferred series 354 Sale 3054 — 360 7 % preferred 100 22,200 May Department Stores.—-10 6,100 Maytag Co (The) 3,600 83 preferred 570 86 1st preferred ———* 10,000 McCall Corp — 29,900 McCrory Stores—4,400 6% conv preferred—-—100 16,600 McGraw Electric Co — 1 10,000 McOraw Hill Publ Co —* 14,100 Mclntyre Porcupine Mines—5 91,300 {McKesson & Robbins, Inc.—5 61,000 83 series conv pref * 20,400 McLellan Stores Co. Sale May 31 Ask) Bid 101 Lehigh Portland Cement—26 4% conv preferred .—100 42,700 {Lehigh Valley RR Co.----50 Sale 26,700 Lehigh Valley Coal —-* 31,000 6% conv preferred---—-60 64,700 Lehman Corp. (The).---— -1 Sale 6,500 Lehn & Fink Products Corp—5 Sale 6,100 Lerner Stores Corp * 24 77,200 Li bbey-0 wens-Ford Glass---.* Sale 243,600 Libby McNeill & Libby—- .7 Sale 4,000 Life Savers Corp— 5 37 38 % 14,900 Liggett & Myers Tob com—25 9554 Sale Series B 25 38,100 975* Sale Preferred 100 187 54 189 3,600 2,800 Lily Tulip Cup Corp * 21 19% 30,800 Lima Locomotive Works-—-* 29 k Sale * 6,800 Link Belt Co 36 H Sale -—-* 20,000 Lion Oil Refining Co 11 10% 22,200 Liquid Carbonic Corp * 16 Sale -157-,509| Lockheed Aircraft Corp----1 27% Sale —* 94,300 Loew's Inc. 33% •Sale-' 3,200 86.50 preferred---* 107 10854 1 427,000 Loft Inc.Sale 5,100 MacAndrews & Forbes Co..10 460 6% preferred 100 * 82,100 Mack Truck Inc 32,700 Macy (R H) Co Inc * 7,100 Madison Square Garden-- — -* 5,700 Magma Copper —10 24,800 Manati Sugar Co 3,100 Mandel Bros 25 2,300 Manhattan Shirt 1 14,800 Maracalbo Oil Explor —5 125,500 Marine Midland Corp. 35,550 Market Street Ry prior pref 100 * 78,100 Marshall Field & Co 1 137,400 Martin (Glenn L) Co 79,200 Martin Parry Corp------ — * 19,600 Masonite Corp Bid 8% Sale 103 790 690 j May i Shares range since jan. Lowest Jan. 4 31 8 2754 May 29 654 May 29 1454 Apr. 21 17 54 Jan. 4 May 6 24 54 Jan. 13 2 k May 46 Feb. 15 454 Jan. 954 6154 11054 4 54 45 May Apr. Apr. Apr. Apr. 19 2 17 12 57 Jan. 6 6 Jan. 15 1154 Jan. 71 541 Jan. 23 112 16 Feb. 19 #854 Jan. 25 51% Jan. 27 23 23 11 AQQREQATE SALES PRICES Price STOCKS Since 1941 Jan. 1 Shares 33,500 200 800 132,000 6,620 48,500 12,700 7,500 25,700 153,200 3,200 6,100 500 "Cm 5,900 22,800 45,800 9,900 4,800 4,000 40,800 182,700 3,300 ■20,800 500 7,500 81,700 4,500 62,400 I,620 79,400 2,700 1,170 16,700 12,600 134,800 24,800 15,300 300 5,900 400 12,300 500 360 3,800 1,000 7% preferred-. 100 Nat Bond & Investment Co__* 5% pref series A.. ——_ 100 National Bond & Share Corp.* National Can Corp —10 National Cash Register— — » National Cylinder Gas Co - - -1 National Dairy Prod Corp—* National Dept Stores —-• 6% preferred 10 National Distillers Products-.* Nat Enamel & Stamping * National Gypsum Co 1 $4.50 8,300 20,900 8,600 2,800 2,530 1,000 1,700 1,200 22,310 13,790 9,710 25,800 13,700 18,800 3,700 700 10 100 30 5,900 5,900 20,100 ' 900 6% prior preferred National Tea Co ——* Co--.--------—-* Nehi Corp - * Neisner Bros Inc -.1 N a to ma s 100 — 095$ Sale, 4451 14 5$ 46 Sale New York Central 460 44,800 2,500 234,300 4,000 11,600 2,430 303,100 16,100 22,000 144,000 300 20,800 400 2,000 370 64,300 5,600 10,000 22,600 120 500 82,500 Louis—100 6% preferred series A 100 N Y City Omnibus Corp * 1,800 160 600 10 1,100 8% pref series A 100 2,410 * 4,300 Oppenheim Collins & Co ——-* ,58,820 Otis Elevator..-- i 6% preferred— 100 * 54,300 Otis Steel Co $5.50 conv 1st preferred—* 8,800 5 3,500 Outboard Marine & Mfg 870 , * 840 Outlet Co Preferred 10 120 6,200 " 650 24,100 22,300 1,390 1,880 41,300 16,800 290,500 113,800 4,500 121,100 3,500 210 570 300 50 58,700 300 6,100 300 8,700 11,100 3,300 600 12,450 500 8,700 2,900 44,500 2,500 1,040 Pacific -- Sale 165$ 585$ Sale Sale 57 Sale Sale 97 165$ 955$ 6% 12 Sale 114 33"" "36"" 25* 25 13 2% 30 Sale 75$ Sale 165* 95$ Sale L035$ Sale 35* 4 155* Sale 1485* 95$ Sale 16 44 Sale 255* 265* 53 Pacific Pacific Telep & Teleg-- 116 475* Sale 95$ Sale 205 111 114 1254 Sale 515$ Sale 50 % Sale 201 125$ Sale 965$ 97 54 65$ Sale 111 1115$ 8 85$ 375$ 395$ 15$ 2 23 25 125$ 1354 185$ 505$ —- 395$ Sale 75$ Sale 454 105$ 26. 3354 1254 1165$ L4954 35$ 654 25$ 105$ ,.100 Sale Sale 9 154 265$ ' 457,400 8,200 21,400 2,200 9,700 27,590 40,970 2,900 37,500 12,300 145,900 II,400 3,050 142 185$ 295$ Sale Sale 9 165$ 27 >4 554 4954 45$ Sale Sale 354 Apr. 1454 Jan. 26 6 13 5 14 29 2 15 7 954 May 35$ 95$ 95$ 16 55$ May 16 Feb; 17 Pfeiffer Brewing Co — Phelps Dodge.. 25 Philadelphia Co pref 6%.-.-50 $6 preferred— * 54 May 245$ May 7 2554 188 Sale 188 111 113 Sale 111 13 - 12 51 525$ 5454 53 5$ Sale 5054 125$ 1354 Sale 96 k 96?4 975$ 65$ 65$ Sale 110 106%. 112 8 754 85$ 3854 3854 40 15$ 15$ 2 23 28 1154 115$ 16 48 155$ Sale Sale Sale Sale 7 8 1054 15 1754 0^$ 854 654 45 Apr. 22 9 Apr, Feb. Sale Sale 95$ Sale 315$ Sale 2354 24 55$ 554 654 65$ 265$ Sale 435$ Sale 8354 Sale 1 26 9 1 7 23 15 17 7 28 13 52 32 22 654 65$ 285$ 425$ 82 Apr. 9 Apr. 28 Feb. 14 107 22 54 Apr. 28 38 55$ Apr . 23 2054 Feb. 14 ZU% reu. it 1065$ Mar. 8 ..aU$Apr.^24 115$ Apr. 22 1154 Feb. I9 May May May May May May May May May May May 21 29 2 2 10 2 l 20 12 l l Jan. Jan, 85$ 3854 May 75$ May 155$ 26 Sale 99 95$ 15 15$ 2554 17 54 5$ Sale Sale 46 25$ 95$ 5354 335$ 235$ 654 654 Sale 4354 835$ 44 775$ 2 2 365$ 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 415* May 19 85$ May 13 25$ May 13 135$ May 14 3 24 29 24 May 13 105$ May l 26 May l 34 May 6 145$ May 10 LIS May 2 1515$ May 6 35$ May 12 8 May 6 254 May 2 115$ May 23 105$ May 6 154 May 9 275$ May 20 L025$ May 12 115$ May 9 99)4 May 2 11 May 10 15 May 27 154 May 7 265$ May 14 1854 May 7 6 , 27 _ ,. 12 15 _ 15 31 26 15 27 27 1 29 27 12 28 5 9 5$ May _ 5$ May 9 854 May 46 May 84 May 254 May 25$ May 415$ May 145$ May 6 24 , 16 20 12 10 21 13 3 2 16 235$ May 21 2154 May 1 3754 May 13 15$ May 5 85$ May 28 52 5* May 27 315$ May 22 May 554 May 6 May 255$ May 425$ May 8254 Maj 20 2 19 5 21 20 25 • May 225$ May 39 < May 6 27 254 May 115$ May May May May May 21 May 6 295$ May 21 44 5$ May 2 845$ May 14 _ . Mar. 17 8 Jan. Jan. Jan. Jan. Jan. 2 10 0 Jan. 20 Jan. 10 Apr. 16 8 May 1 Feb. Mar. 31 20 21 29 0 10 405* Apr. 165$ May : 495$ May 7 10 8 11 10 10 6 17 55 Jan. Mar. 20 495* Jan. 8 954 Jan. 0 .20 Mar.: 3854 May 754 Apr. , 6 Jan. 154 Apr. 23 May 3 45* Apr. 17 954 May 24 2354 May 29 325$ May r5 U Feb. 19 16, , May 6 475$ Apr. 8 3 Mar. 3 .,55$ Feb. 18 25$ Apr. 30 10 Apr. 21 Jan. 0 0 Jan. 28 Jan. 24 8 Jan. 10 Jan. May 10 Jan. 27 Jan. 10 Jan. 10 . May 6 Jan. 6 6 Jan. May May 75* Jan. 7 5$ Feb. 15 6 9 Jan. 10 Jan. Apr. 22 May 31 Feb. 1 10 25 95$ May May Jan. 045$ Jan. 35$ Jan. 1754 Jan. 50 Jan. 105$ Jan. 535$ Jan. 2654 Jan. 654 Feb. 1354 Feb. 454 May : 80 May 3 Feb. 145$ May : 1435$ Apr. : 65$ Apr. : . 11 Mar. 28 Jan. 10 9 31 7 I Jan. i Jan. 10 0 Jan. 4 10 Jan. 955$ Feb. 14 95$ May 27 1454 Apr. 9 15$ Feb. 19 2554 May 29 17 May 27 54 Feb. 21 75$ May -. 1 65$ Apr. 21 43 54'Mar. 4 7454 Feb. 20 154 Feb. 15 Jan. Jan. ■. Jan. 1 Jan. 0 Jan. Jan. 7 2 19 ; Jan. 1 Jan. 2 2 345$ Apr. 23 Jan. 6 , 2 Feb. 12 Jan. Lll 14 6 May 6 May 0 Jan. 7 Jan. Jan. 10 Jan. Feb. 24 May 28 Jan. 11 27 Jan. 11 1354 Feb. 7 Apr. 25 May 28 99 6 Apr. 29 Jan. 13 15$ Feb. 0 5* Jan. 10 Jan, 14 3154 May 7 3254 May 31 215 Feb. 25 117 175$ May 7 Apr. 29 585* Apr. 29 575$ 175$ Apr. 21 Mar. 7 975$ 75$ Feb. 14 May 7 113 5$ 1054 May 23 Jan. 15 395$ 25* May 17 27 „ Feb. 5 Feb. 14 405* 155$ May 15 245* 65* 454 May 16 12 8 Apr. 12 109 Mar. 4 112 112 Apr* 9 115 47 Jan, 4 545$ 5* »n Jan, 6 9 54 May 7 k May % 5$ May 24 28 May 31 2414 255$ May 15 245$ 6 188 2025$ May 112 May 15 109 135$ May 13 12 545$ May 20 505$ 535$ May 16 5054 135$ May 28 125$ 9654 May 9 9654 8 75$ May 554 1115$ May ' 6 110 85$ May 20 8 395$ May 28 34 7 25$ May 15$ 25 May' 7 23 6 125$ May 115$ 3 4 105$ Jan. 95$ Apr. 18 16 Jan. 18 795$ Feb. 10 455$ Jan. 16 110 Jan. 17 8 315* Jan. 6 85* Jan. 2 275* Jan. 6 110 Jan. .45. J&HU155* Jan. TO 25 120 7954 Sale 254 154 254 25$ 15$ 85$ Feb. 76 May 13 May 7 M ay 31 May 10 May 6 May 20 May 13 May 9 May 6 May 6 May 5 May 16 May 12 May 12 1 95$ 754 May 1 20 1554 May 6 45* May 23 80 80 May 15 855$ 3 3 May 12 35$ Sale 145$ May 29 1554 1 145 145 143 May 5 Sale 654 May 75$ 5 48 44 46 May 165$ May 29 f185$ 165$ 49 495$ May 26 505$ Sale 30 19 17 8 2 15 10 20 fl 10 21 565$ May 23 60 May 22 19 Feb. 20 25$ Sale 2 25$ 425$ 365$ 41 145$ 14 145$ 15 11154 108 L0954 U2 245$ Sale 2354 Sale 225$ 2254 2154 Sale 385$ 3754 39 395$ 25$ 16 13 10 0 Feb. 14 Sale 15$ Sale 25 Jan. 85$ Jan. 935$ Jan. 175* Jan. 145$ Apr. 22 Jan. 1685$ May 29 176 Jan. 142 May 9 154 235$ Jan. 165$ Apr,: 21 Jan. 26 Feb. 19 31 75$ Mar. 554 May 29 685$ Jan. 4954 May 27 65$ Jan. ^pr. 23 12 May 85$ Feb. 19 115 395$ 16 May 12 78 3 Sale 34 15$ 1 May May May May May May May May May 25 May 115$ May 105$ 75$ 654 65$ Sale 75$ Sale 355$ Sale 425$ 435* 855* 88 May 31 3 May 7 May _ 24 0 ,Jan. 15 95* Apr. 28 135$ Mar. 20 11 Jan. 15 145$ Jan. 10 65$ Jan. 14 85$ Mar. 20 245* Jan. 11 Feb. 26 30 , 27 25 Sale 995* 9 * 24 105$ 56 5 * 28 98 100 100 3 May 5$ May 16 5$ May 24 »« Feb. Jan. 12 41 39"" May 1075$ 10754 May 225$ May 275$ 55$ May 654 255$ 225$ May 108 1075$ May "32-54-May- -20-3454 135$ 1154 May 16 135$ May 335$ May 4054 185$ 155$ May 454 454 May 85$ May 95$ 111 112 May 54 54 Jan. Jan. '55$ Apr. 21 43 38 Ms 5$ 5$ Jan. 125* Apr. 30 4J$ Feb.. 15 75$ Feb. 14 May 22 60 Jan. 9 155$ May 26 1605$ May 27 105$ May 27 86 Feb. 14 14 54 May 21 654 May 27 115$ May 20 85* Apr. 1 17 Jan. May Jan. Jan. 105$ Jan.' 75* Apr. 21 565$ s» 3 7 115 110 53 13 35$ May 10 95$ May 13 95$ May ( 2 145$ May 29 May May May May 9 May 135$ May 59 55* 205$ 235$ 75* 21 Apr. 16 6 155a May 9 May 1 9 1254 May 9 95$ May 135$ May 21 7 55$ May 85$ May 19 20 May 17 14 May: 7 7 65$ May 825$ May 22 2 155$ May 171 May 1 1455$ May 23 185$ May 15 285$ May 15 1 x654 May 5 525$ May 654 May 21 12 May 21 565$ May 23 485$ 545$ 358 95$ 56 99 Sale -—-100 Pet Milk— 145$ 1685$ Sale Sale 185$ ..100 Petroleum Corp 40. Sale 169 Sale 15$ .10 * pref series A— * Penn Glass Sand Corp.. * 5% preferred . 100 Pennsylvania RR Co 50 People's Drug Stores Inc 5 People's Gas Light & Coke. 100 For footnotes see page 27 27 May May May May May May May May May 1054 26 conv Marquette Ry '5% prior preferred 5% preferred.. 78 80 95 15 Penn-Dlxie Cement--- Pere 26 19 26 May 105$ Penn Coal & Coke..-- IPeoria & Eastern Ry 6 99 46 $7 Sale 1025$ Sale 115$ Sale Co..—— 454 May 205$ May 18 May 55$ May 8 May 854 May 1654 May 162 May 1154 May May May May May May May May May May 1454 65* 115$ 95$ 1254 554 85$ 1754 1354 98 L01 78 Penney (J C) Sale Sale Sale 10 Sale Sale 85$ Sale 155$ 25$ 2 254 10 125$ 115$ 105$ 6 45* 554 5 1054 954 954 Sale 2354 23 235$ Sale Sale 325$ 33 Sale 135$ 125$ 125$ 125$ 116 11554 116 119 1505$ 1505$ 1515$ 152 35$ 354 35$ 354 7 754 65$ 7 25$ 25$ Sale Sale 115$ 105$ 115$ Sale 9 9 85$ 10 15$ 15$ 15$ Sale 27 275$ 285$ 27 44 47,600 5,200 13,500 7,600 3,100 10 24 20 16 90 2 ' * 8,300 - . 85$ 754 Sale 1954 1554 Sale 5 55$ Sale 79 84 Sale 25$ 3 354 145$ 155$ Sale 120 L45 Sale 65* 7 Sale 425$ 42 45 15$ Pacific Tin Consol 115 525$ 56 5$ 5»i 5$ Sale 5$. 54 255$ Sale 245a 255$ 10 —100 6% preferred— 110 116 * Lighting Corp. Ml 954 145$ Pathe Film Corp 1 40,600 Patino Mines & Ent Cons—10 32,400 Penick & Ford —--* 110 2,700 5,780 .17 — 800 700 295* Sale 32 325$ 111 2135* Corp.—-.1 Pacific Western Oil-—10 Packard Motor Car * Pan American Airways Corp--5 Pan Amer Pet & Trans.. 5 Panhandle Prod &Ref -.1 Paraffine Cos Inc——— * 4% conv preferred -100 470 Paramount Pictures 1 673,000 6% 1st preferred.., 100 17,100 6% 2d preferred --.-10 75,400 Park & Tilford ---1 1,500 Park Utah Cons Mines. 1 40,400 Parke Davis & Co—.—— * 58,800 Parker Rust Proof Co. 2.50 14,400 Parmelee Transportation Co.* 5,700 " 2,900 4,000 35,900 16,300 1,100 53,400 1,300 Sale 4,030 Pacific Coast..--—-—-—10 1st preferred * 3,660 2d preferred.. -----* 5,860 Pacific Finance Corp (Calif) -10 3,900 Pacific Gas & Electric——25 105,100 350 440 1,000 19,200 4,400 4,100 1175* 45 48 K Sale 5$ Sale 12 51 ——— —.400 75,800 Owens-Illinois Glasd*Co.. 12,50 Pacific Amer Fisheries Inc—5 32,700 14", 500 77,700 —-* .31,500 Oliver Farm Equipment-—--* Omnibus Corp (The)-— 6 \ 27,800 300 155$ 145$ 315* Sale 23 5$ Sale 55$ 6 10 11 10 5$ 112 , Harlem—-—50 10% preferred 50 N Y Lack & West Ry Co.-100 JNYNH & Hartford 100 Convertible preferred 100 IN Y Ontario & Western.-100 N Y Shipbuilding pt stock 1 Noblitt-Sparks Indus Inc 5 Norfolk & Western Ky 100 Adj 4% preferred 100 North American Co 10 Preferred 6% series 50 Preferred 554 % series 50 North American Aviation 1 Northern Central---——---50 Northern Pacific. —.100 North States Pow Co $5 pref.* 303,200 Ohio Oil Co (The) 790 600 * 5% preferred 267,400 2,400 4,700 Northwest Airlines Inc— 50 1,380 Northwestern Telegraph 6,810 Norwalk Tire & Rubber——-* Preferred —--50 180 2.50 4,600 Norwich Pharmacal Co 500 • Sale Sale Sale 410 New York & .71,700 Highest Sale Prices 3 k May 17 k May 185$ 175$ 16k May 554 55$ May 7" 754 May 85$ May 15 Sale May 1655$ 1605$ May 1154 105$ May 36 N Y Chicago & St New York Dock Lowest Sale Prices Sale 135$ 71 75 805$ 385$ 395$ 395$ 107 1095$ 1065$ 10754 275$ Sale 225$ Sale 55$ 6 55$ Sale 23 Sale 2354 Sale 104 10954 107 109 -3254-335$ 34 Sale 12 Sale 115$ Sale 135$ 15 135$ 14 355$ 365$ 335$ Sale 155$ 16 18 1854 4 55$ 55$ 454 9 95$ 85$ 10 1105$ 112 110 112 13 Highest Sale Prices 70k 4 60 15,200 4,000 1,000 10,800 1,400 3,400 1,300 954 * 816,700 25,600 144,200 15,600 3,300 5,400 700 50 < —40 100 100 $2 conv. preferred 55$% prior conv pref 9,8001 NewYorkAirBrake----^--* —-2300 204,800 8,600 48,600 3,700 8,400 210 8,000 2,100 1,000 Co.—* Co.---—-.4 Nat Oil Products 5* % conv preferred - - - -100 --* 2,100 Newberry Co (J J)— 420 5% preferred series A 100 10 28,900 Newmont Mining Corp.—1 42,800 Newport Industries Inc 143,000 N'port News Ship & Dr Dock.l 5% conv preferred — * ,8,700, """200 : 100 Nat Mall & Steel Cast 160 133,400 11,500 9,000 * preferred-- 7% preferred A 6 % preferred B National Power & Light-- — * 25 49,900 National Steel65,900 National Supply Co of Pa—10 29,300 4,600 3,300 conv National Dead Co 4 >854 -5 10 National Biscuit Co Ask 18 175$ 16 1754 Sale 5 55$ 554 75$ 75$ 754 8 75$ 754 1554 165$ Sale 161 157 1665$ 105$ 115$ 1154 8454 8454 92 145$ 155$ 1554 754 85$ Sale 115$ 115$ 115$ 0% 95$ Sale 135$ 125$ Sale 554 55$ 554 8 8 854 195$ 1754 Sale 135$ 135$ 145$ 6 6 65$ 7854 82 Sale 155$ 155* Sale 1685$ 171 Sale 143 141 145 175$ 165$ Sale 265$ 17 29 % 55$ x6k Sale 495$ 515$ Sale 55$ 45$ Sale li 95$ Sale 545$ 485$ Sale 57 645$ Sale 35$ 35$ » 35$ 954 9., 954 10 6% conv preferred National Aviation Corp Ask bid Sale Nash-Kelvinator Corp 5 Nashville Chatt & 8tlx>uta-100 National Acme Nat Automotive Fibres Inc—_ Lowest Sale Prices May 31 May 1 bid Par Shares 25,500 2,130 5,200 2,200 1,000 2,600 JAN. 1 RANGE SINCE MAY IN Jan. 2 n. y. stock exchange In May 37 EXCHANGE-STOCKS N. Y. STOCK June, 1941] Jan. 30 9 22 Feb. Feb. 14 14 3654 Jan. 2 21 15$ Mar. 24 7 Feb. 15 Feb. 15 2054 Feb. 14 42 5* Jan. 31 ar55$ Apr. 17 21 6 May 19 255$ May 405$ Feb. 7Q Feb. 5 18 ; May 13 I ■ Mar. Apr* 1 A Jan. 27 23 Apr. 115$ May 9 6 ; Jan. ' 2 54 60 38 235$ 754 75$ 355$ 46 87 6 May 10 Apr. 15 Mar. 21 Jan. 23 Jan. 2 Mar. 29 Jan. 9 May 38 N. T. STOCK EXCHANGE-STOCKS aqqreqate sales May Jan. 1 Shares n. y. stock exchange Since Shares PRICES IN MAY Price Jan. 2 1941 STOCKS Jn 7,000 4,600 1,200 100 60 43,500 """loo 2,900 20 600 1,600 400 50 1,200 19,700 Philco Corp 26,300 Philip Morris & Co Pref 4% % series 3,950 5,500 Phillips Jones Corp 480 3 Preferred * 5 100 Preferred Pitts Ft Wayne & Chi 160 3,400 3,000 41,400 12,300 3,690 7,860 1,620 11,180 400 760 340 1,680 20 '""700 14,700 300 4,000 10,400 18,900 910 200 500 700 90 17,200 4,800 2,800 200 Ry_.100 7% guaranteed pref 100 Pittsburgh Screw & Bolt* Pittsburgh Steel Co 7% preferred class B 100 5% preferred class A 100 5%% convprpf 100 Plttsb & West Virginia 100 Pitts Y & Ash Ry 7% pref--100 Pittston Co (The) * Plymouth Oil __5 2,500 40,600 1,700 Pond Creek Pocahontas Co__* 19,600 Poor & Co class B 32,950 108,200 2,600 5,600 80,000 1,040 98,800 13,200 7,500 2,800 2,820 1,900 19,400 11% 76 % 8,800 Pillsbury Flour Mills 25 450 Pirelli Co of Italy Am shares. J 6,900 Pittsburgh Coal (of Pa) 100 12,100 6% preferred ---100 8,400 Pitts Coke & Iron Corp__ * 810 $5 conv preferred * 11,300 Pitts Forgings Co 1 20 Postal Telegraph Incpref Pressed Steel Car 5% 5% conv 2d Procter & 1 common preferred 5 —- Gamble .50 11% Sale Sale Jk* 52 46 % 8% 4* ii* JH 29 70 15% 11% 160 178 Sale 4% 5 5% 34 30 33 5% 6% 62 75 10% 77 Sale 11 163 175 46 31 32 50 59 10 Sale 10 10% ii8* 16* 5 6 48% 163 Sale 21 Sale 8 % 14% Sale 17 5% 6% 9% 6 12% Sale 12% 13% Sale 40 % Sale Sale * Sale 31* 51 5 5 4% May May 5% May 70% May 10% May 28 16 27 20 15 32 50 400 69,700 "moo 6,400 500 1,600 3,200 2,300 5,300 1,400 1,000 100 30 20 100 200 6,500 400 30 8,800 58,900 3,320 1,200 3,600 ..-..£7,30,0. _ 1,900 Real Silk Hosiery-250 163 II* Sale 5% 5% Sale i7o* Sale 10 10% 34% Sale 116% 118 22 Sale 16 6% 7% Sale 10% Sale P 1 116 Sale 22 Sale Sale 22% 98% May May May May May May May May May 116 May 21% May 97% May £108 May May 23 14% 16% 5% 6% 9% 10% 32% 50% 16% May 21 17 May 1 6% May 13 8% May 21 10U May 6 May 7 May 2 May 1 117 X May 6 23 May 14 101% May 6 113 May 1 127% May 6 143 May 2 51* 200 3,200 " 7,900 1,000 1,300 120 " 3 ,900 950 19,800 18,900 1,100 2,800 140 180 Preferred _ (Robt) & Co 1st pref. 3,900 Reliable Stores Corp _ 100 100 * 1,500 Reliance Mfg Co 10 52,300 Remington-Rand 1 4,000 Preferred w w 25 220 Rensselaer & Sara RR Co--100 Sale Sale Reo Motors Inc vtc 1 Republic Steel Corp * 6% conv preferred 100 6% conv prior pf ser A--100 Revere Copper & Brass 5 - Class A 10 7% preferred 5%% preferred 100 100 Reynolds Metals Co 5% % conv preferred Reynolds Spring Co Reynolds (R J) Tob cl B Common Richfield Oil * Sale Sale. Sale 10% Sale 95 18 Sale 11% 23% 14% 26% 22% 1% Sale 12* Sale 25 Sale 15 28 Sale 13% 24% Sale 25% 21% Sale 27% 8% 1% 22% 100% 94% 10% 23% 107 8% 12% Sale 63% 66 Sale Sale 600 6,400 1,200 25,900 13,300 2,000 127 May 139% May 250 12% 82% 11% 84% _ Sale Sale 4,500 400 6,500 260 34,300 700 4,100 1,000 700 20,900 100 110 1,700 2,100 700 158,700 6,200 2,200 9,600 130 * 13% Sale * * Servel Inc Sharon Steel Corp.- 2% 78% 1 10% 13 * 66 Sale ♦ 4 Sale preferred Sharp & Dohme $3.50 conv pref series A Shattuck (Frank G) Sheaffer (W A) Pen Co * ♦ * Shell Union Oil Silver King Coalition 15 5 Simmons Co Simms Petroleum * 10 Simonds Saw & Steel Co Skeily Oil Co . ♦ _ Smith (A Oi Corp Smith & Corona 10 Typewr vtc.* Snider Packing Socony Vacuum Oil Co » Inc--i5 South Amer Gold & Plat Southeastern Greyhound L South Porto Rico Sugar 8% preferred For footnotes see page 29% 5* 7% 36% 40. 1 5 53% 5 38% 11% 4% 19% 1% 26% Sale Sale Sale 2 28 21 22 107 111 112% 18% 8% 15% 8% 1% 13% 19 100 54% 5% 38% 9 Sale 142% 150 4 May 5 56% May 3% May 45 May 1 2 2 16 9 14 12 13 13 13 9 5 Sale 11 y 30 29 % Sale 14 37% 52 8% 6% 5% 14% 10% 43% 12% 25% 15% 26% 23% 1 % 24 7% 7 % 9% 8% 59% 60 May May May May May May May May May May May May May May 14 May 1 53% Apr. 29 9% Feb. 19 1 Jan. Jan. Jan. 6 10 7 43% Jan. 75% Jan. 13% Jan. 10 7\ 9£ 65 Mar. 31 164 % 14% 16% 5% 8 Mar. 31 Feb. 5 181 27 8 8 Mar. 31 May 7 Apr. 21 % Jan. 16% Jan. 17 May 1 Apr. 22 21 Jan. 2 4% Feb. 14 9% Apr. 21 9% Apr. 21 32% May 15 50% May 1 116 May 28 21% May 19 97% May 26 108 May 14 127 May 7 139% May 19 Sale % %« 14* 6 8% Jan. 10 8% May 21 13% Jan. 13% Jan. 6 40% Jan. 2 55% Jan. 119% Jan. 29% Jan. 29 9 6 22 5 9 _%« May 15 May 1 May 31^. it 6 May 19 May 22 % May May ^ * Sale 69 % Sale 53* 1% 24% 25% 102 Sale 1% 26 Sale 107 V* i ir4 i 9 Sale 2% Sale Sale 10% 11 62% 64 3% 51% 5% 36 14 4 16% 3 53% 5% 37% Sale !?* 1% 24 27% 101 Sale 102% 112 15% "16" 12% Sale 14 14% 9 11 15 137 Jan. 158% Feb. 4 11 4% Jan. 4 62% Jan. 3% Jan. 46 Apr. 2 28 28% Jan. 15% Apr. 26% Apr. 24 Jan. 1% Jan. 28% Feb. 9% Jan. 7% Jan. 12% Jan. 10% Mar. 67% Jan. 61 Apr. Sale Sale Sale Sale 140 16 12% 13% 8% 1% 14% 15 132 May 1 % May May May May May May 62 May 3% May 51% May May 36 May 12% May May 16% May 1% May 26 May 25% May 102 May 112 May 16 May 12% May 14% May 8% May 1% May 14% May 15% May 135 May 3 "16% 13% 14% Sale Sale 14% 15% 135 13% 1% 68% 8% 10% 2 % May *»sjMay 22 2 8 1 5 5 5 6 7 May 9 5 1 % May 6 27% May 28% May 16 12 10 6 19 10 15 3 1 9 103 May 6 113 May May 6 17 1 13% 14% 9% 1% 14 31 2 5 29 15 May May May May May 17% May 8 138 May 22 Mar. 26 Apr. 30 Apr. 21 May 23 Feb. 13 20 Jan. 17 Jan. 1% Jan. 10 22% Jan. 14 Mar. 18 101% Feb. Jan. 97 82% Apr. 21 Jan. 7% Anr. 19 11 Jan. 24 6 17 May % Apr. 16% Feb. 100 Apr. 21 113 60 Apr. 17 73 13% Feb. 15 10 94% 9 81% May 10% 5 6% May May 29 o4 % 53% Jan. 17 97 !* ly< 4% 14% 9% 42% %, 28% %« Feb. 14 Apr. 15 Mar. 8 May 1 Feb. Mar. 15 1 Mar. 11 5 May Jan. 7 4 18 7 Apr. 18 20 1 % Apr. 9 22% Mar. 12 Jan. 23 16 7 1 2% Jan. 15% May 2 % May 7 71 % May 22 9% May 6 11% May 12 64 % May 5 4 % May 8 53 May 17 5% May 7 38 May 7 15 May 20 4 % May 13 22 Jan. 21 14 28 8 111 % %6 14% 1% 10% 10% 64% 63% 3% 51% 5% Sale 36% 36% 12% Sale 4% 4% 17 Jan. 123% Jan. 2 5 Sale Sale 9 110 29 21 14 1 2 51 1 21 May 3 1 18% May 20 21 100% May 20 5 87 May 20 1 8% May 10 6 18% May 12 9 103% May 27 20 63 May 12 16 12% May 29 9 86% May 31 7 5 May 1 29 30 May 6 52 1 May 1 9 15 May 6 8 20 May 29 22 5% May 22 1 15% May 29 15 11% May 1 26 44% May 2 28% May May Apr. Mar. May 11 May 23% May 12% Feb. 23% Jan. 6% 9% 7% 57% 38% Sale 111 Sale % Sale %6 ; % 13% 13% 2 3% May 50% 2% 38% 17% 7 1 3SI 3% 6% 37% 10% 81% 6% 28% May May May May May May May May May May May May May May May May May May May 19 34* Sale Sale 2 2 36% May 38% May 14 May 27 112% May 8 44% May 19 51% May 7 9 Sale May May 29 79 82 81 80 80 May May 2 36 37% 37 34% 33% May May 3 112% 113% 108% 113% 112 May 6 113% May 109 110% 106% 110 108% May 110% May 5 Sale Sale Sale 44 1 112 19" 188 46 Sale 44% 8% Sale 13% Sale 52% 8% 7% 4% 5% % Sale * 4% Sale Sears, Roebuck & Co 15 Sloss-Sheffield Steel & Iron. 100 340 $6 preferred * 10,100 10,900 11,000 578,100 80,200 12,700 45,800 1,190 %« Sale Sale Sale Sale Sale 50 Sale i?* 60 Sale 7 Sale Sale 19% 63 28% 7 5% 14% 11% J* 103% 101% Sale 8% 6% Sale 17% Sale * 58% Sale 10% 100 conv Sale Sale - $5 87 60 60 Sale 3% May 50% May 29 2% May 19 41 % May 1 17% May 1 11 May 2 23% May 28 14% May 1 25 May 31 22% May 1 1% May 13 22% May 22 7% May 6 7% May 9 9% May 13 7% May 17 57% May 23 56 May 29 18% Sale 17% 100% 100% 100 85% 87% 84 61 38M 4-2% preferred Seaboard Oil Co of Del-Seagrave Corp (The) 7% Sale Sale Sale Sale 55 52 • 54% % Sale 17% 100% 83% 10% 60 Sale 10 tSeaboard Air Line 8 56 102 $2.50 conv preferred * 49 46% 400 iRuiland RR preferred 100 % a 45,500 St Joseph Lead Sale 10 10,100 JSt Louis-San Francisco 100 % 11,300 6% preferred-.. -.100 % % 530 tSt Louis Southwestern 100 2 3% 70 5% preferred 100 3 33,500 Safeway Stores * 43% Sale" 6,930 5% preferred 100 111% Sale 82,900 Savage Arms Corp <" 42% Sale 13,700 Schenley Distillers Corp Sale 5 11 5,200 5%% preferred 100 86 84 10,100 Scott Paper * 35% 34% 1,080 $4.50 preferred * 112 Sale 1,290 $4 preferred 111% 45,800 7,700 25,600 5,000 139,400 74,100 12,900 3,230 58,300 7,500 37,000 1,800 113,000 12,440 37,700 4,900 4,500 49,700 1,200 8 9% Sale Sale 1% 8% 7 JH 61* 57 45* 25 23 7 18 - 6,700 59 50% Sale 23% 1% 109 Sale ir« 1% 14 a1(\H Sale 8% 5% 5% Sale 103 113 72% 12% 7% 9% 7% Sale Sale Sale IH Sale Sale Sale 23 9 10 — Sale Sale 63 53 30 15 164 80 Sale 94 Corp * Mfg__ » Antelope Cop Mines--.. Ruberoid Co capital stock • Rustless Iron & Steel Corp 1 50% 2% 42% 18% 17 32 Ritter Dental 3 % Sale 19 1 Roan Sale Sale 10 J00 3% 80 56% 2% 41% 10 Feb. 2 Jan. Jan. 84 22 112 116% 114% May 26 115% May 115% Sale 1 114% May 26 117% Jan. 25 27% Sale 23% May 1 28% May 22 23% Sale 22% Feb. 14 28% May 22 10 9% Sale 10 8% May 1 Feb. 14 8% Sale May 10 May 10 97 98 99 98% May 6 99% May 19 98% 1 101% Jan. 94% Mar. 8 ._8S.%._Sale~| 1- 89% -90% -87 % Mar-9 90—May 7 -83% YebrTS 90%"Jan.'10 10 Sale 11 10% 10% 9% May 2 May 10 9% May 2 11% Jan. 11 10 9% May 1 10 Jan. 17 9% Sale 9% May 13 9% 1 8% Apr. 97% 109 Sale Sale Sale m &x 8% Jan. 23 4% Apr. 26 6 May 3 7 11 119% 77 2 27 Feb. Mar. 28 2 7% Jan. 2 46% Jan. 78 Sale 125 62% 3% 43% " Mar. 174 22 22 50 23% Jan. Sale 10 1% 4% Apr. Apr. 5% May 69 Apr. 9% Apr. 30 21 69% Jan. 18 42% May 22 3% Feb. 7 130% 119% 122 139% 142 142% Sale 10% 21 Jan. 61 7 18 17 113 -86 4% £38% Feb. 14 16 May 5 164 % 14% 51% May 23 35% Feb. 20 2% Mar. 18 10 100 8% Sale 5 580 Reis 260 860 3,300 23,100 1,370 14,000 1,000 ---100 24 10 12 10 13 6 6 12% Jan. 80 Jan. Mar. 28 108% Apr. 7 Jan. 4% May 2 Sale 109% 96% J preferred May May May May May May May 8% May 17 4 72% Feb. 105 140 Sale 26 357,600 Radio Corp of America * 400 $5 preferred B ♦ 27,100 $3.50 conv 1st pref .* 55,000 Radio-Keith-Orpheum Corp._l 8,300 6% conv preferred 100 9,400 Ray bestos- Manhattan * 22,600 Rayonier Inc 7.4C0 $2 preferred 25 33,600 Reading Co 50 8,700 4% 1st preferred 50 10,700 4% 2d preferred 50 930 290 8,000 117 » .cfmv.pr.effirred.100 36,000 y Bakeries * 4,100 Quaker State Oil Rfg Corp.-10 5,400 670 ♦ .* 294,200 Pure Oil 11,800 50,200 437,900 19,260 9,410 21,700 1,500 1,770 1,780 39,500 3,280 20,900 147,300 1,670 100,400 9,800 10,100 14,500 24,800 500 $5 preferred 271,300 Pullman Co May 29 1 May 5 5% May 12 34% May 12 6% May 3 71 ^ay 22 Hi May 7 76 May 24 176 4% May 1 5% 6 May 3 6% 45% May 19 50 27 32 May 1 54 59 May 1 12 % 9% May 1 Public Service Elec & Gas— 59,000 115,000 5,400 —£^Q0 8,900 May 3 May 6 May 22 May 2 May 1 May 2° 21% May 176 Sale Sale Sale May May May 16 Sale 4?* 8% May 17 10% 75 May 13 May 8 108 May 2 4% May 23 58 May 1 42% 76 27 54 52 71 Highest Sale Prices Sale 5% 6% 49% 4% Lowest Sale Prices 76 16% 70 76 163 38 57% 118% 29% 108% 100 121% 100 136% 100 157% Sale 51* 172 6% 8% Highest Sale Prices 74% 73 73% 106% 107% 106% 4 % 5 60 51 % Sale 39% Sale, 41% Sale 3 lA 3% 2% 51 52% 47 47% 6 86 80% 14% ♦ $5 preferred. 6% preferred 7% preferred 8% preferred 58 39% Sale Sale Sale Sale 77 7% 100 Preferred 5% Pub Serv Corp of N J com rp 10 73% Sale 106% 107 5 4% Sale Ask Ask Bid 9 Sale Bid 41% Sale 3% 3% 40% 43% 22 % 23% * 1st preferred conv Ask 10 100 * 100 146,200 Phillips Petroleum1,600 Phoenix Hosiery 450 Bid 1 Sale Prices May 31 May 1 Par RANGE SINCE JAN. Lowest 3£* Mar. 20 Apr. 19 109% Feb. Feb. 37 9 9% 5% 17% 13% 48% % 38% % 6* 8 8 3 23 2 14 4 24 13 11 7 7 21 7 10 23 7 11 0 10 13 3 2 Jan. Jan. 8 Jan. 9 Jan. 16 Jan. 8 Jan. 0 7 Jan. 12 Jan. Jan. 23 Jan. 10 27 Mar. 20 Jan. 3 Jan. 14 Apr. 5 Jan. 10 8 Feb. Apr. 15 May 5 Apr. 29 Jan. 13 17 112% Jan. 11 19 45 51 8% Apr. 15 m 80 2 87% May 33% May 27 38% 4 115% 111% Jan. Feb. 14 111% 108 Jan. 2 Jan. 20 Mar. 3 May 22 Apr. 23 61 Feb. Apr. 29 Apr. 22 7 Jan. 10 Jan. 24 Mar. 28 Mar. 27 Jan. Jan. 10 .Tan. 9 12% 1% 67% 8% 10% May 3 9 Jan. 10 15% 2% 78% 10* Jan. 2 Jan, 21 14 Jan. Mar. 11 19 71% Jan. 4 17 3% Apr. 23 51% Feb. 27 4% Feb. 19 35% Apr. 19 Jan. 8 55% Jan. 14 5% May 7 40 Jan. 10% Jan. 21 Apr. 18 15 May 20 16% Apr. 16 1% Mar. 28 23% Mar. 28 21% 2% 27% 28% 18% Feb. 95 Feb. 112 Feb. 14% Feb. 9 Jan. 13 Feb. 30 4 Jan. 10 Jan. 20 May 12 May 10 Jan. 6 .Tan. 27 19 Mar. 17 8 3 2 19 15% May 29 135 Jan. 19 15 112 5 114 13% Feb. 28 8% Mar. 1% Jan. 5 Jan. 30 19% 13% 15% 9% 2% 15% Apr. 3 Jan. 8 May Apr. 6 1 Jan. 21 23 Mar. 10 150 Mar. 31 AQQREQATE SALES In Since Jan. 1 Shares 10,200 4,100 247,400 38,100 37,000 2,200 7,200 100 55,400 4,600 950,800 191,600 237,400 6,200 24,900 1,900 ""800 19,100 1,300 440 8,100 2,380 8,000 250 33,000 700 4,000 7,300 2,100 4,800 85,700 84,500 221,600 4,000 1,000 5,300 3,200 2,700 10,700 21,700 6,900 190 1,060 6,300 2,600 26,900 2,000 1,600 300 „.™JL9»4Qtt 6,400 • 3,400 2,700 700 70 700 2,100 72,700 19,600 14,100 8,700 23,800 7,900 900 500 300 740 3,400 330 2,600 900 2,100 1,900 800 25,900 2,200 10,900 6,000 10,200 5,600 500 8,400 110 2,000 500 9,400 600 100 390 3,200 3,300 7,100 39,400 1,270 13,400 16,100 2,500 1,000 4,000 28,100 22,600 3,000 140 4,000 100 41,900 26,200 8,900 1,300 70 4,600 800 11,100 47,600 3,100 3.40C 800 4,900 107,400 12,900 4,480 70,400 6,590 325,300 289,800 658,600 14,300 100 800 * -—* 1 Sale 113*4 134 —1 -9 50 Telautograph Corp----—--5 ...—5 25 Tennessee Corp.-Corp (The) Texas Texas Gulf Producing Co * * Texas Gulf Sulphur 10 Texas Pacific Land Trust 1 Texas & Pacific 100 Thatcher Manufacturing-.--* $3.60 conv preferred * Texas Pacific Coal & Oil 100 7% preferred Co Thermoid — $3 dividend conv Third Avenue Ky 1 Sale" 37 Sale Sale Sale 434 Sale Sale Sale 128 5534 6*4 3*4 5*4 Sale 10 100 pref Thompson (J R) -—25 Thompson Products..—-__-* Thompson Starrett-.,-* ^3.50 preferred * 88,300 Tide Water Associated Oil--10 $4.50 conv preferred * 9,600 10 125,100 Timken-Detroit Axle Co 47,100 Timken Roller Bear 52.700 Transamerica Corp— 64,400 Tri-Continental Corp .>6 preferred 1,730 10,800 Truax Traer Coal $1.50 preferred 9,120 3,900 Twin City Rapid Transit Preferred 1,890 25,400 Twin Coach Co - --1 * * - —* * 100 1 Underwood Elliott Fisher—* * 62,100 Union Bag & Paper 212 900, Union Carbide & Carbon * 2 040'Union Elec Co of Mo $5 pref--* 25 500 53,500'Union Oil, California 25 68 800 Union Pacific Kit 100 15^030 4% preferred 100 6,400 Union Premier Food Stores Incl 21,000 Union Tank Car * 158,300 United Aircraft Corp 5 142,000 United Air Lines Transport-.5 14 200 United Biscuit of America.- --* 650 5% preferred ---100 14,600 United Carbon * 5,700 United-Carr Fastener Corp— * 350 000 United Corporation * 144,800 *3 preferred * 51,300 United Drug Inc 5 4.600 United Dyewood ---.10 1,770 Preferred - — -100 24 800 United Electric Coal Cos 5 8.500'United Eng & Foundry 5 62,700 United Fruit * 334,400 United Gas ImptCo * 16,700 &S preferred. * 36,600 United Merch & Mfrs Inc vtc.l 13,800 United Paperboard Co——10 U S & Foreign Secur Corp—* $6 1 st preferred * U S Distributing Corp pref. 100 i0,400 U S Freight--.* 40,8001U S Gypsum Co 20 7801 7% preferred 100 18 500 U S Hoffman Mach 5 1,560 5*4% conv preferred 50 37,200 U S industrial Alchol * 8 000 U S Leather Co * 15',500 Partic & conv class A—.. * 1 400 Prior preferred 100 25 700 U S Pipe & Foundry 20 4,700 U S Playing Card -.-10 13,400 U S Plywood Corp 1 46,600 U 8 Realty & Impt ♦ 448,500 U S Rubber Co.. 10 44,500 8% 1st preferred 100 14,100 U S Smelt Ref & Mining—50 9,200 Preferred 50 5 'SalO' Sale 334 3 34 8*4 Sale 4034 Sale Sale 36*4 Sale 5*4 Sale Sale Sale Sale Sale Sale 5*4 534 4*4 Sale Sale 5234 5334 51 116*4 116*4 1161JaiSale 117*4 11834 834 8 834 834 1534 1634 1534 Sale 2 Sale 1 34 Sale 1234 12*4 12*4 13*4 17*4 19 1934 Sale 4 4 4*4 .5*4 rle— '20' o-- «~203f"S,a1834 18*4 17*4 Sale Sale . . ■ 3 7*4 3734 3 34 3134 5*4 9 Sale Sale 3 334 7*4 734 3934 Sale 3 34 Sale Sale 33 AH Sale 6 32 1 4w 634 Sale Sale 17*4 1834 9*4 Sale A* 12 534 32 34 7 5 Sale 75 Sale 9 1034 634 Sale 1834 Sale 134 Sale 2034 21 834 Sale 3234 1234 6954 L1334 12*4 7834 8434 1334 3334 1234 Sale U434 Sale Sale Sale Sale Sale Sale Sale Sale Sale 134 67 34 13 234 Sale Sale Sale Sale Sale 334 Sale 8634 9034 11*4 Sale Sale Sale 182 Sale Sale 7*4 Sale 1034 64 *4 11234 1334 78*4 8134 12 27 34 37*4 10*4 1134 109 10934 834 2*4 Sale 1034 Sale - 634 2234 May 8 1034 May 16 10*4 May 15 1234 May 1 22*4 May 22 26 May 2 1 May 5 3 May 9 2*4 4 34 28 42 Sale 18 7 87 1134 1034 Sale Sale Sale 172 6 177 634 9 5734 174 634 41 42 41 21 22 Sale 3 2234 3 34 Sale 5*4 8834 12 934 Sale 177 6*4 4434 234 May May 1 9 534 May 19 3234 May 14 2*4 May 29 38 May 21 3 4 May 8 3534 May 7 234 May 4 May 28 6 25*4 May 2 *4 May 1134 May 14 1 9*4 May 5 96 May 3 2934 May 1 41 May 4 34 May 26 934 May 15 9 734 May 1 1 May 66 May 16 1 4 May 934 May 21 5 May 23 1634 May 20 134 May 31 5 17 May 6*4 May 22 21 3*4 6*4 74 34 2634 31*4 3 Sale 20*4 Sale 87 89 87 60 59 61 May Sale 71 61*4 7134 60*4 Sale 6 70 2634 2934 2034 Sale 7034 Sale May May May May 31 1 1 7 1 31 20 26 1 15 15 27 1 2 5 26 16 27 6 16 7 5 29 9 3 1 2 2034 19 634 May 534 May 4— Jan. 3 4*4 Jan. 3 2 60 Mar. 5 May May May May May May May May 31 Feb. 34*4 Feb. 34 Feb. 52 Apr. 6*4 Mar. 3*4 May 5 3s Apr. 4*4 May 50 Apr. 116 Apr. 117 % May 7*4 Apr. 15 Apr. 1*4 Feb. 1134 Apr. 18*4 May _ 26 23 14 70 15 2,7 6 31 3 2234 15 1 34 2334 91*4 63*4 7134 12 2 7 6 24 20 13 21 14 Feb. 15 5 3 *4 .May 32 Jan. 2*4 7*4 34*4 2*4 31*4 5*4 3*4 8*4 534 32*4 2*4 38 10 6 May 2 Apr. 23, Feb. Feb. Apr. Mar. Feb. Jan. May May Mar. May 14 22 4 18 4 19 2 1 10 6 12 9 10 7 21 Jan. 0 May 6 Jan. 6 8 16 2 14 3 Jan. Apr. 21 22 45 Jan. 18 2*4 Apr. 23 May 28 25*4 Apr. 30 *4 Apr. 16 11*4 May 14 9*4 Mar. 6 4 Mar. 17 Feb. 19 17 26 15 25 16 16 19 9*4 Jan. 30 5 May 23 16*4 May 20 Mar. 25 16 Cj Feb. 20 6*4 May 22 2*4 Feb. 12 24 3 21 1 2734 Feb. 39 Feb. 4*4 May 934 May 6*4 Mar. 1 Apr. 66 May 4*4 May May 12 May 31 May 6 Jan. 23 17 1 2 7 Jan. Feb. 4 3*4 Jan. 9*4 Jan. 2 6*4 534 12*4 1034 40*4 Jan. 96 7*4 Jan. 6 *4 Jan. ..4*4 Jan. 35*4 Apr. 38 4 5 Mar. 15 37*4 May 4*4 Jan. Jan. 34 Jan. 1*4 Jan. 18 Jan. 6 10*4 May Jan. Jan. Jan Jan. Jan. 99*4 3434 5134 534 1734 8*4 . 13 10 6 6 18 9 6 6 6 2 13 2 Jan. 7 2 Jan. 9 75 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 9 5*4 10 734 19*4 1*4 24 934 Jan. 9 16 6 7 10 10 13 34*4 Jan. 12*4 Jan. 70*4 Jan. 4 Jan. 15 115 6 6 May 15 14*4 85*4 85*4 1334 29*4 44*4 17*4 27 14 Jan. 9 11334 Feb. 2 50*4 Jan. 2034 Jan. 23 10 2 28 4 26 19 19 Jan. Jan. 6 10 13 Jan. 2 Jan. 10 Jan. 9 Jan. 9 1 6 15 26 Jan. 21 30*4 Jan. 4*4 Jan. 3*4 Jan. 7 10 13 11 27 6 32 Jan. 11 21 5 Jan. 11 5 42 Jan. 8 7034 Jan. 9 10*4 Jan. Jan. 3,117 10 22 Jan. 13 3*4 Jan. 10 16 29 25 10 11 15 3*4 Jan. 9 Mar. 90 Jan. 17 934 Mar. 8*4 Mar. 55 May 170 Apr. 4*4 Feb. 14 Jan. 6 27 84 20 22 28 191 40*4 May 21 30 33 13 Jan. Jan. Jan. Jan. 27 14 15 5*4 Feb. . 13. 6 14 11 10 2 2334 Jan. 4*4 May 2 4 Feb. 28 -19*4--May—-5 .24-34 •Jan"*2 7' 19*4 Jan. 14 17*4 Mar. 4 13 6 4 Jan. 8*4 5*4 834 8*4 58*4 6 14 Jan. 22 7 127 5 29 122*4 May 9 Jan. 4 22 _ May May May May May May May May May May May May May May May May May May May May Jan. Jan. 40 30 Feb. 32*4 May 11 May 9*4 Feb. 60 Feb. 69*4 May 20 112*4 May 28 zlll** Jan. 6 12*4 Jan. 14*4 May 82 34 May 13 7534 Mar. 80 Mar. 82*4 May 29 12 May 9 1134 May 9 2834 May 25*4 Feb. 34 34 Apr. 4034 May 28 6 10*4 May 9*4 May 12 May 13 11*4 May 111 May May 28 109 40 *4 May 4534 May 21 17*4 May 5 1634 Apr. 'At May % May 22 May 18*4 Apr. 3 3*4 May May 1 *4 May 134 May 2234 May 20*4 May 434 May 10 3*4 Apr. 33*4 May 7 3534 May 60 63 34 May 20 May 6*4 May 734 May 27 May 10934 May 1 105 834 Apr. 934 May 10 3 May 24 2*4 Apr. 7 7034 May 15 May.,21 28 2 21 12 12 12 31 6 6 May 7 34 May 3 5 234 May 1 3934 May 4*4 May 13 37 34 May 13 234 May 12 434 May 6 27*4 May 13 *4 May 19 1234 May 10 6 10*4 May 98 May 2 31*4 May 29 4334 May 20 5 4*4 May 1 1134 May 7*4 May 10 6 1*4 May 69 May 7 434 May 10 10 May 16 1 5*4 May 1734 May 5 134 May 31 21 May 8 7 May 6 334 7*4 40*4 434 3534 6*4 534 12*4 3 1 3 6 23*4 May May 6 3834 May 6 39*4. May 21 17*4 Mar. 25*4 Mar. 33 7 6 3534 May 24 3*4 2 Jan. Apr. 26 May 6 May 7 Apr. 4 May 9 4 May 3 xl7h May 22 20*4 Jan. 9 3834 Jan. 29 Apr. 21 May 29 2 May 13 2734 Apr. 25 £37*4 Jan. May 5 56*4 Mar. 19 58*4 Jan. 21 6 6*4 Jan. 5 Apr. 21 May 7 9 57*4 Jan. May 2 44*4 May 31 9 36*4 Jan. May 29 3134 Feb. 19 Jan. 24 May 24 111*4 May 29 116 6 6*4 Jan. May 19 5*4 Apr. 26 Jan. 24 11334 Feb. 14 May 5 111 6 1*4' Jan. *4 Mar. 21 May 1 4*4 Mar? 20 3 May 14 234 Feb. 15 10*4 Feb. 19 21*4 Mar. 21 17*4 May 26 22*4 Mar. 21 12*4 Feb. 14 6 19*4 May 1 26 5 Mar. 28*4 11*4 12*4 14*4 26*4 32*4 1834 3434 30*4 5834 5*4 48*4 37*4 11234 5*4 11234 % 3 2*4 May 14 86 84 5 May 2 1234 10*4 May 10 9 1 May 55 May 14 58 34 5 177 17234 May 7 8 534 May 42 41 5 May 22 34 2234 1 2 87 6734 2634 29*4 2134 1 5*4 May May 4 Sale 31 21 634 2 1 Sale 30 2434 Sale 1 23 24 21 29 27 3 34 May 31 34 May Sale Sale 70 Sale 1 29 2 Sale 66 26*4 1 2 9 1 31 7*4 May 15 2034 134 20*4 62 Sale 634 22 3734 May May May May May May May May. May May May Sale 3 8 10*4 May 16 8 Jan. 2 1134 Feb. 15 19*4 Feb. 14 23*4 Mar. 13 1 May 5 3 May 9 2234 May May 21 May 2 May May 6 20*4 May 1 2334 May 28 May 6 May 1 31 6 34*4 May 1 3834 May 39*4 May 21 3634 May 1 35 May 22 37 34 May 14 5634 May 8 5234 May 31 734 May 7 z6*4 May 28 3 34 May 9 334 May 5 634 May 12 5*4 May 5 534 May 10 4*4 May 26 May 22 50*4 May 3 55 116*4 May 5 11618«May 27 5 117*4 May 29 122 34 May 8 8*4 May 23 May 6 17*4 May 10 15 May 1 234 May 6 134 May 1 6 1234 May 16 13*4 May 1 18*4 May 15 1934 May 4*4 May 2 4*4 May 27 -p9*4~May—5 21*4 May 43 18*4 May 10 17*4 May 1 Sale 3 24*4 1134 12 34 1434 2534 3234 134 60 May May May May May May May May May May May May May May May May May May May May May May Sale 60 May Sale 60 6*4 May Sale 6*4 Sale May Sale 107*4 105 107 8 34 May Sale Sale 9 2*4 May 334 234 2*4 31 Sale 3634 Highest Sale Prices 30*4 Sale 1034 10*4 Sale Sale 64*4 6834 Sale 112*4 112*4 112*4 111*4 13 34 Sale 1334 Sale Sale 77*4 7834 Sale 82 80*4 82*4 8134 12 1134 1134 12*4 28 Sale 2734 27*4 Sale 3634 3834 Sale 10 Sale 9*4 9*4 11*4 11*4 12 11*4 Sale 110*4 109 109 44 4034 42*4 41*4 18*4 17*4 1734 1834 % Sale *16 Sale Sale 20*4 21*4 Sale 3 Sale 3 334 134 Sale 154 134 20*4 22*4 2134 22*4 3 34 Sale 3*4 334 33 34 3534 34*4 Sale 1034 9 37 434 1034 5*4 1734 84 34 55*4 38*4 Sale 64 2*4 8534 2*4 2 34 61 70 6*4 37 434 Sale 10 934 834 7 134 134 Sale 16 Sale 116 41 18 17*4 *4 2134 334 134 21*4 3 Vs 33 34 62 34 Sale 98 16 31 10*4 634 34 *4 1134 Sale 9*4 Sale 97 34 9634 31*4 Sale 1734 1*4 5*4 40 Sale 2634 16*4 134 934 Sale Sale 234 3*4 434 934 534 16*4 134 4 Sale Sale 434 34 34 30 Sale 434 1134 134 7334 3834 Sale 41 8 234 *4 29 Sale 10 Sale 9*4 97*4 Sale 5 4 Sale 6 634 3534 3 234 3934 Sale 434 Sale 34*4 3534 3 2*4 5 434 26 34 634 Sale 34 Sale Sale Sale Lowest Sale Prices 5*4 May 28 534 6 5*4 May *28 5*4 Sale 3 *4——4— -3*4 May 10 33 34 May 34 5 3534 5*4 Sale 5*4 5*4 —3 34—-4— 33 34 3534 3*4 2 10 2,900 Truscon Steel Co 87,200 20th Century Fox Film Corp.* 40. Sale 1634 Sale ...—* 5 30,400 Transc & West Air Inc 4,900 Tran & Williams Steel Forg..* >s see page Sale Sale 7*4 Sale 634 634 4*4 534 3234 Sale 3834 4*4 3134 334 Sale 21 2834 Sale 3634 Sale 3834 37*4 34*4 35*4 5234 Sale ■6*4 6*4 3*4 Sale 5 Highest Sale Prices 17*4 xl7H May 3434 31*4 May 34 34 28 May 60 5834 May Sale o May Sale 44*4 May 33 3734 May 11234 11134 May Sale 534 May 110 111 May Sale 34e May Sale 234 May Sale 15 May Sale 1734 May Sale * The Fair Co 7J* Sale 3434 Sale 3 18*4 2034 2834 34*4 3634 Sale Sale Without warrants-23,300 3,200 Talcott (James) Inc— 5*4 % partic pref 610 "17 34 Sale 33*4 32 28*4 3034 27 34 59 5834 5834 534 534 Sale 44*4 4834 Sale Sale 3634 33 11134 112*4 534 5*4 Sale 10634 111*4 Sale % Sale 2 234 Sale 16 17 17*4 18 1934 Sale Sale 1834 3934 3 78 "1834 Sale 26*4 * -.10, Sale 2634 134 Sale 3 3*4 117 Standard Oil Co. of lnd * 25 Standard Oil of New Jersey.25 Standard Oil of Ohio 25 1234 Sale 22*4 2334 2834 3134 134 134 Sale 26 58 Sale Standard Oil of California Symington-Gould Corp with stock purchase warrants—1 23,800 For rootnot Sale 3 2 *4 1234 Sale 14*4 1434 -— 5 440 4,100 1,100 2,100 6,000 64,100 7,600 1,700 * J3 conv preferred A— 57*4 64 27,000 Sterling Products Inc 7*4 5 35,000 Stewart Warner Corp 434 —1 23.000 Stokely Bros & Co Inc 834 * 80,300 Stone & Webster.. 7*4 -1 163,000 Studebaker Corp 5834 * 29,100 Sun Oil Co 125 6% preferred — .100 11,410 Class A pref (4*4 % cum) .100 1,060 8*4 54,900 Sunshine Mining Co—-—10c zl8 18,100 Superheater Co (The)—----* 1*4 1 58,700 Superior Oil Corp 16 100 12,000 Superior Steel Corp 2334 Sutherland Paper Co 10 7,300 4 600 Sweets Co of Amer (The) — 50 2234™-jlocuoo. ■Swift—■i-a-a'ri'^25 17*4 Swift International Ltd 36,300 3,800 28,700 282,100 60,700 68,700 37,600 48,800 30,900 10,400 2,400 3,400 1,260 30,500 3,090 16,900 5,100 15,800 15,900 4,600 1234 23*4 12*4 Sale 21 *4 27 2634 Mobile & Ohio certi&—.100 2 1*4 Sparks Withington * 4*4 434 -1 Spear & Co 75 55 $5.50 preferred * 2034 Sale Spencer Kellogg & Sons—-—* 37*4 Sale Sperry Corp (The) v t c._—1 x37H Sale Spicer Mfg Co * 9,900 Starrett Co (The LS).. 2' 900 230 100 f4 preferred 820 4,600 -* Railway 5% preferred Southern preferred 400 4,000 1,000 1,900 Southern Pacific Co 45,500 Standard Gas & Electric.- — * 80,200 6 prior preferred ♦ 33,800 $7 prior preferred —* 99,100 15 900 280 Co..7.50 Ask Bid Ask Ask Bid Sale 23 2334 Sale 2734 Sale Sale 11 1134 1134 1134 Sale 1034 Sale Sale Bid 634 egel Co Inc 2 54 "Convertible $4.50 preferred * 3534 1 35,400, Square D Co 5 % conv preferred. 580 —100 11434 634 212,600' Standard Brands 111*4 $4.50 3,800 2,900 1,800 9,300 Southern California Edison.-25 Southern Natural Gas Lowest Sale Prices May 31 May I Par Shares 370 ' 1941 1 Jan. 2 n. y. stock exchange JAN. RANGE SINCE PRICES IN MAY Price STOCKS May 31) EXCHANGE—STOCKS STOCK Y N; June, 1941] Feb. Apr. Apr. 5*4 Apr. 54 34 Feb. 2634 Apr. 2934 May 18*1 Apr. Apr. 17*4 Feb. 8034 Feb. 5534 Mar. 69*4 Apr. 3 10*4 Jan. 69*4 Jan. 183 7 42 Jan. 8 14 May 13 May 13 28*4 Jan. 4*4 Jan. 8*4 Jan. 70 May 31*4 Jan. 3434 Feb. 2534 Jan. 1*4 J an. 2534 Apr. 94*4 Jan. 6534 Apr. 7634 Jan. 10 4 6 14 11 7 6 11 4 11 4 29 t N. T. STOCK EXCHANGE-STOCKS 40 AGGREGATE SALES In STOCKS May 1941 Shares t. Jan. 1 Share* PRICES IN MAY Price Jan. 2, N. Y. STOCK EXCHANGE Since 139,700 6,900 6,200 1,029,400 44,500 49,000 1,300 13,500 23,400 2,300 2,700 4,800 30 2,600 5,300 100 700 300 100 7% preferred ' 7% preferred 50 55,600 2,700 3,900 1,500 7,900 600 500 100 •: • : . 550 120 500 2,500 : Preferred v ♦ • Tobacco. 110C .... ....... .100 Van Raalte Co....... 7% 1st preferred..w. ..5 , * ■ ' _ _ . . _ 200 I UG 3,700 19,600 A J/tUGVJ 27;4OU™2?4l9O'0 390 2,270 31,400 3,000 2,000 9,600 6,100 13,600 5,600 1,300 610 300 1,100 900 2,100 300 30 "7,500 400 210 800 770 f 1,490 1,100 400 4,700 1,500 800 11,500 56,700 15,800 17,300 62,200 4,800 1,370 3,470 3,190 6,160 8,300 1,500 26,200 12,500 3,000 18,700 202,000 91,500 91,000 1,760 8,100 6,300 3,280 350 1,300 1,700 690 150 5,800 800 " 2,100 9,000 2,400 12,700 2,200 l",306 39,300 4,800 700 600 80 2,000 3,600 14,900 470 1,100 23,900 300 6,300 4,200 2,000 92 > 11k 25*4 114*4 39*4 40*4 26 j 114*4 115 40 96*4 1 22 21; 1*4 1*4 1*4 20*4 21*4 19*4 115*4 116*4 116 16 40*4 33 96*4 — warr 100 . 105 % X *4. A 7*4 Sale 22*4 106*4 5*4 Sale 30*4 Sale 8 Sale 18*4 95 100 4*4 Sale 26*4 Sale 13 :uH _ 7* Western Union Telegraph.. 100 Westinghouse Air Brake * Westinghouse Elec & Mfg..50 20*4 Sale 21*4 Sale Sale —50 134 7% 1st preferred... 104 Sale 34 Sale Weston Elec Instrument. 12.50 Westvaco Chlorine Prod * * ... Prior preferred....... 117,700 Wilson & Co_ Sale Sale 73 10*4 Sale * Sale 4*4 55*4 1 * 23 20 Sale 14*4 16*4 14 38 39 38 32 32*4 32 91 96 92 141 136 May 9 May 15 May 12 May 16 May 19 16 ; May; 1 May 23 39* 4 May 12 May 14 33* 4 May 2 May* 9 95 May 16 May 13 136 May 13 %» May *2 May May 18*4 May 18*4 19*4 97 May 98*4 100 4 May 4*4 Sale 25*4 May 25*4 Sale 13*4 13*4 13*4 May 3*4 May 3*4 Sale *4 *4, May 14 May 15*43*4 Sale ',3 *4 May 64 59*4 57*4 May Sale *4 May 8 7 6 May 25 26*4T 26*4 May 18 19*4 19*4 May 15 14 14*4 May 14 Sale 16 15*4 May 28 6 2*4 : 2*4 May 2*4 1*4 1*4 3*4 AA Sale 4*4 ...» 67 * 8^ 68*4 1*4 1*4 A* 3*1 ef* Sale Sale Sale 116 49*4 Apr. 21 May 31 22*4 Apr. 30 Sale Prices Jan. 6 Jan. 13 116 Mar. 27 42 1 May H Apr. 44*4 Apr. 12 May 48*4 May 140 May 133 Jan, 50^ % Jan. 15 Apr. 23 Apr. 12 Apr. x22 Jan. Jan Jan Jan. Jan. Jan. Jan. 13 4 7 3 10 10 15 Jan., 21 Mar. 10 *4 Jan. 9 Jan. 4 34*4 Jan. 6 17 15 26 Feb. 114 it" 10 28 25 10 16*4 2 59*| 20 157 17 158 Feb. Mar. 17 40*4 May Jan. 15 115*4 Jan. 44*4 Jan. 2 9 57 Mar. 20 Mar. 13 Mar. 26 "24*4 Janl"i5 1*4 Apr. 14 2*4 Jan. 2 19*4 Apr. 22 27*4 Jan. 11 1 115*4 Feb. 17 117*4 Feb. 12 Apr. 38; May 23 3 31*4 Mar. 29 20*4 Jan. 2 42 Jan. 4 33*4 Feb. 5 15 100 Mar. 12 Mar. 27 136 89 Apr. 17 Feb. 135 Sale Sale 26*4 18*4 Sale 86 86 100 Sale 99 110 19*4 56*4 92*4 58*4 Sale 60 63 111 87 100 Sale i Sale Sale Sale 118 Sale Sale - 96 1,300 5 *4 % preferred series A..100 31,000 Youngstown Steel Door...— * 30,900 Zenith Radio Corp ._* Zonite Products Corp 19,100 1 „ Sale Sale 2*4 z c Sale *8 ip 97 27*4 'IPs 16 U " :ia? 27*4 20*4 15 17*4 2*4 May May May May May May May May May May May May May May May May May May May May 7 12 20 7 21 6 21 9 22 5 22 7 14 29 12 13 2 7 2 5 66*4 18*4 12*4 117*4 9*4 32*4 13*4 12*4 1*4 22 72*4 Sale Sale 99 113*4 16 105*4 27 3 7*4 *4 V 2*4 1*4 3*4 4*4 68*4 "26*1 .26*4 26*4 Sale 18*4 19*4 90*4 100 86 92*4 58 56*4 61*4 59*4 86 94*4 62 63 18*4 19*4 Sale 12*4 Sale Sale 117*4 118*4 10 10*4 9*4 Sale 32*4 Sale Sale Sale 1*4 15 . Jan. 4 2 Apr. 22 May 21 4 May 1 25*4 May 31 IV* 97 Feb. *12 54 13 3*4 May 13 Mar. 24 13*4 Apr.. 19 5§* 25 . 19 Feb. Jan. 2 Mar. 11 Feb. 4 Feb. 19 19*4 May 23 14 May 14 15 X May 28 2*4 May 6 80 Feb. 5 16*4 Mar. 3 , Sale 90 83 Ex-dividend. 69*4 Apr, Jan, 8 20*4 May 69 May 97 May 101*4 May 97 May 112*4 May 15*4 May 104*4 May 26*4 May 2*4 May 6*4 May *4 May 23*4 May 10 71 May 5 100*4 May 2 1 108*4 May 102 May 2 116 May 15 6 16*4 May 105 5 May 6 27*4 May 6 3*4 May 9 7*4 May 1*4 May 13 1*4 May '3 1 *4 May 2 May 15 4*4 May 2 65*4 May 20 2*4 1*4 3*4 4*4 68*4 26 27*4 May 28*4 May 19*i May 3*1 May May May May May 65*4 Mar. 6 H Jan. 10 "..Jan. 17 ' 9*4 22*4 105*4 6*4 30*4 13 ft May Jan. 5 *«i Feb. J 9 6 Jan. 22 1 17*4 Ja n . ~ 6 3 ft Apr, 63 1 17 Mar. 21 Jan. 2 9*4 Apr. 3 30 Jan. 9 23*4 16*4 20*4 4*4 Jan. Jan. Jan. 13 6 6 7 80 Feb. 5 23; May 10 Jan. 74*4 Jan. 18 Jan. 25 Jan. 10 Jan. Jan. 18 3 Jan. 7 Feb. 10 Jan. 2 Jan. 22 7 *4 Mar. 28 1*4 May 13 18*4 Feb. 13 24*4 17*4 Apr. 22 22*4 86 May 31 105 120*4 May 2 141 28 May 8 34*4 27*4 Apr. 17 36 105 Apr. 16 110*4 92 4 4 6 6 2 5*4 Jan. 97 May 31 106*4 101*4 May 29 115 97 May 19 107*4 112 Mar. 31 117*4 18 15*4 Feb. 19 104*4 Apr. 26 105*4 23*4 Mar. 3 28*4 3*4 2X Apr. 28 6 Apr. Jan. Jan. Jan. Jan., May 21 Jan. 10 Jan. 4 Mai. 22 Jan. Jan.; 10 3 6 100 Jan. 30 Apr. 21X Apr. 64 May . Jan. Jan. Jan. 2 3 14 22 10' 12> Jan. 76 12 Feb. 17! Jan. 4 Apr. 7\ Jan. 4 Feb. 5! Jan. 9 13 10 41 Feb. 50" Apr. 8 jt 25*4 Mar. 28 20*4 Feb. 1*4 1*4 3*4 4*4 65*4 May Apr. Apr. Apr. Feb. Jan. 3 16 18 24 15 2*4 May 12 2*4 Jan. 11 5*4 Jan. 13 5*4 Jan. 25 74 Apr. 4 115 r "32*4 "26" ....10 265,000 Wool worth (F W) ♦ 63,400 Worthington P & M 7% preferred A 140 100 6% preferred B 180 100 Prior pref 4*4 % series... 100 9,400 Prior pref 4 *4 % conv ser 100 7,700 700 Wright Aeronautical Corp...* A_* 12,400 Wrigley (Wm) Jr__„__ 25 16,710 Yale & Towne Mfg Co 145,500 Yellow Truck & Coach cl B..1 7% preferred100 2,530 19,500 Young Spring & Wire.......* 168,200 Youngstown Sheet & Tube.. * rOashaales • % *4 9*' Sale 23 20 19*4 20*4 May 24*4 May 21 18*4 Sale 18*4 Sale 18*4 May 20*4 May 10 Sale 86 May 87*4 Sale 86, 90*4 May 21 124 126 120*4 128 120*4 May 124*4 May 16 27 30 28 29 29*4 May 29 May 7 28 28 Man 30 30*4 28*4 30 May 22 108 109 107*4 Sale 107*4 May 109*4 May 23 55 55 76*4 76*4 95*4 97*4 94*4 92*4 94*4 May 8 96*4 May 22 Sale 23 22*4 23*4 22*4 May 20 24*4 May 10 70 67 71 61 64 May 19 68*4 May 23 11*4 11*4 12*4 11*4 11*4 May 5 11*4 May 16 13*4 Sale 13*4 Sale 13*4 May 16 14*4 May 6 4 4*4 Sale 4*4 4*4 May 15 4*4 May * 7 4 4 4 4*4 4*4 May 2 4*4 May 7 45 50 45 51*4 40*4 May 14 45 May 14 24 21 23 23*4 22 h May 13 22 h May 13 Sale Wisconsin Elec Pow 6% pf.100 Woodward iron Co 10 Deferred delivery. 22*4 , 35 35*4 109*4 110 76*4 1 $6 preferred., 18,800 May 24 22*4 1*4 May 7 lk 20*4 May 6 23 115*4 May 2 116*4 21 22 Sale Highest 57 136 Sale 39 32*4 91. -- $4.50 preferred 46^ "shT inn "85" 161" 135 *4 5,600 Wilcox Oil & Gas—.I. 5 82,800 Willys-Overland Motors.....1 6 % conv preferred 10 44,800 a 12*4 . 23*4 ; *4 % 13*4 Sale Sale 4*4 3*4" 4*4 Sale X *4 7 % preferred Il00 JL5*. 161: -.13*4' Warner BrosPlct ur es IT "HI 5 3*4 Sale 3*4 Sale $3.85 preferred 53 Sale 57*4 Sale * iWarren Bros 1 Sale 8 $3 preferred 10*4 -III.I* Warren Foundry & 25 28 2729*4 Piper.—.* 20*4 Sale Washington Gas Light Co 22*4 Sale * Waukesha Motor Co 14*4 15*4 5 15*4 16*4 17 18 Wayne Pump Co.... 1 18*4 Sale Webster Eisenlohr.. ._..i 2*4 2*4 * 3*4 Sale 80 80 7% preferred 80* 100 Wesson Oil & Snowdrift 20*4 Sale 21*4 _.* 17*4 Sale" 65 71 $4 conv preferred.........* 70*4 70 71 West Penn Electric Co A...* 106 97 100*4 100*4 Sale 101*4 7% preferred. Sale 108*4 Sale .100 113 Sale 101: 97*4 106 Sale 6%j>referred 100 West Penn Pow Co 4 *4 % pf 100 117*4 ns* 115*4 Sale 112*4 West Virginia Pulp & 15 15*4 17 Paper..* 104 >4 106*4 104*4 Sale 6% preferred. -....100 105 Western Auto Supply Co...10 26*4 26*4 Sale 28*4 Sale Western Maryland 2*4 3 2*4 Sale 100 3*4 5 4% 2d preferred 7*4 5 100 6*4 Western Pacific 6% pref—.100 Sale *4 Sale *4. 4,300 ♦Noparvalue. Sale 24 151 149 15 16 14*4 24*4 12*4 i 48.' 47*4 140*4 148 . 56*4 22 135,200 White Motor Co 23,100 White Rock Min Spgs Co 25,500 White Sewing Machine $4 convertible preferred. 500 18",400 i 1 t\ Wheeling & Lake Erie Ry. 100 5*4% conv preferred T.106 100 55,300 Wheeling Steel Corp .._* $5 conv prior jpreferred 3,900 * 4,400 White Dental Mfg Co (SS).20 " 13 : *4 *4 Sale _ 100 149; . u | 100 153 ' 26*4 43 Div redeemable pref—i__„* 6,300 2,900 Ward Baking Co class A.i...* ClassB 4,100 * 500 1,500 1,700 Sale 5 73,400 Walworth Co ♦ 12,800 Walker (H) Gooder & W Ltd.* 11,700 2,200 1,000 10,500 15?« 8 t'- 19 Xt May 9 15*4 May 19 24*4 May 2 28 13*4 May 7 20 25*4 May 21 24 115*4 May 3 23 42*4 May 13 11 1 > 47*4 13*4 52*4 145 135 v'j, Sale M 33 ~25* *& May 15*4 May 17*4 23 May 24 12 May 12*4 25*4 May 26 ! 114*4 May 116 40*4 40*4 May 43 23*4 47*4 1*4 % 49*4 1*4 150 155 Sale Sale 16 loo 100 10,500 Walgreen Co. : 1,700 *4% preferred with 100 ; Lowest Sale Prices 1 55*4 May 13 31 119*4 May 7 1 24*4 May 20 27 May 24 10 May 2 1 May 7 7 May 7 13 10 May 9 2 49*4 May 15 20 150*4 May 3 6 150 May 22 44*4 45 43* 50 16 H 54*4 154 136 — 900 400 4** 4,600 t Wabash Ry Co ....._100 5 % preferred A 14,600 100 17,100 Waldorf System.—-L— * v 44 1*4 Highest Sale Prices 50*4 May 116 May 23 May 44*4 May 1 May *4 May 46*4 May 12 May 48*4 May 140 May 145 May 23 i Sale 7% preferred Sale 116. 115 .... Sale Sale i I. RANGE SINCE JAN. Lowest Ask Sale 50*4 ! ■ Sale Prices May 31 .23 ■* { , Ask Bid Sale 53 *119 .._100 Detinning v Bid ■ Sale Sale Sale 100 5% non-cum "85" 23 X Sale 7,100 Victor Chemical Works......5 * 11,500 Va Caro Chemical 2*4 Sale 26 Sale 14,400 6% div partic pref.._i_.100 2,070 Virginia Elec& Power 6% pref* 117*4 Virginia Iron, Coal & Coke— 5% preferred.. 2,530 151; Sale ___100 5,600 Virginian Ry Co...........25 40*4 42 6% preferred 21,300 25 32*4 Sale [ 200 * Vanadium Corp of America. * Van Norm Mach Tool Co.2.50 ; - 240 2,800 4,600 i Sale 8% preferred 850 Vulcan ; ,» 50 128 31 48 Ry Co. 100 preferred...100 180 10 Leaf 69 M -_-5 ... preferred- Universal Ask 1*4 Sale Vick Chemical Co 30 Vicks Shreve & Pac 1,200 ! conv 1125 Bid Corp.. ...1 Universal-Cyclops Steel.. IIIi 440 11,300 1,200 1,200 2,600 .... United Stockyards United Stores A $6 ♦ ; .. 9,500 Vadsco Sales Corp...... 2,200 , 100 U S Tobacco.. 3,660 Universal Picture 1st pref. .100 110 •l * United States Steel——.. 320 v t May 1 Par i 81 86 14*4 11*4 1*4 15*4 11*4 ffix-rlghts. 2 May 1 26*4 May 26 18*4 May 16 25*4 Apr. 21 26*4 May 26 16*4 Feb. 19 93 85 56*4 May 28 59 May 59*4 May 28 63 May 89 9 May 93 May 62*4 May 28 67 May 1 18*4 May 20 May 12*4 May 15 13*4 May 1 118*4 May 117*4 May 9*4 May 22 10*4 May 32 2 34 *4 May May 83 8 May 83*4 May 1 13*4 May 16 *4 May 10*4 May 16 12*4 May 5 1*4 May 2 May t t Companies reported in receivership. Mar. 15 Jan. 30 33*4 34*4 24*4 99*4 Jan. 92 7 Jan, 7 Jan. 9 Mar. 27 Apr. 3 54*4 Feb. 17 Jan. Feb. 13 Jan. 28 23 60*4 64*4 86 Apr. 23 101*4 62*4 May 28 80 17*4 Apr. 24 22*4 11*4 Apr. 21 17*4 58 114 Feb. 9*4 Feb. 30*4 Apr. 83 Apr. 13*4 Apr. 10*4 May 1*4 Apr. 25 120 19 18 26 16 16 23 Jan. 9 Jan. 11 Jan. 8 Jan. 10 10 Jan. 12*4 Jan. 42*4 Jan. 11 94*4 Jan. Jan. 31 6 Apr. 3 Jan. 6 18*4 11 Called for redemption. 6 OF RANGE May,* May 31 NOTICE—Deferred delivery, under the rule and cash and when selling outside of the regular monthly range are oomputing the range for the year Jan. 1 to NEW YORK Since Jan. 2 Jan. 1 600 800 100 700 30 170 170 100 6% 5% 1214 Ask 21 Sale Sale Sale Sale l% iu Bid Par — 1,550 Acme Wire Co common——-10 -400 Aero Supply Mfg class A 1 Class B -—.—1 23,900 5,100 A1 nsworth Mfg Corp com—-5 5,710 Air Associates Inc (N J) 1 2 4,400 Air Investors Inc common Convertible preferred 1,500 * Warrants 2,600 50 1,190 Ala Gt Sou RR ordinary 2,190 Ala Power Co $7 preferred— $6 preferred 2,030 -— Allegheny Ludlum Steel— 7% preferred.— 100 100 A lies & Fisher Inc common—* , 19 22 % 150 325 275 3,150 1,450 1,700 100 1,300 300 "l'.HO 300 100 94% 100 2% % 4% 155 * 70% 8,550 Aluminium Ltd 6% preferred 2,300 900 American Beverage Corp 4,190 American Book Co 3,400 Amer Box Board Co com 1,000 Amer Capital Corp cl A Common class B 600 1,700 500 "i',900 10,100 900 3,425 2,000 10.600 450 1,800 180 19",800 10,100 300 1,250 15,700 2,225 2,200 850 175 350 850 3,800 700 100 40 11,600 100 175 9,600 700 16,800 950 800 400 3,100 800 127,500 32,200 4,000 6,400 94,900 7.875 13,100 3,875 1,050 2,420 7,750 40,700 6,000 102,700 6,950 12,800 6,400 8,000 3,600 290 1,700 6,100 1,000 14,300 39,900 20,200 110 550 100 3,500 2,300 6,100 17,600 150 450 100 25,200 400 10 100 4,500 820 500 8,000 600 1,600 2,600 100 1 _ Amer Republics Corp com—10 com.--.2 Amer Seal-Rap Corp American * Superpower 2% 16 1% 14% 3 Sale 128 115% preferred 120 Atlanta Gas Light 6% 100 pref_ 100 1 16,200 Atlantic Coast Fisheries 5,540 Atlantic Coast Line Co...__50 1 2,900 Atlantic Rayon Corp— 43,300 Atlas Corp warrants 5 5,500 Atlas Drop Forge Co com — • 6,200 Atlas Plywood Corp. 31,800 Auburn Central Mfg Corp—* For footnotes see page 51. 4 14 6 13% % „ 25 At 11% 28% 112% 2% 29 31% 17% 18 12% Sale Sale Sale 26 . 3% 30 33% Sale 26% 27% 18% 19% Sale 28 29 20% 78% 22 85 17 13% 25% 18% 79% % o 30% 31% 29% 61 64 50 6% Sale 3% 4% At Sale Sale 7% Sale 2k 3% 2„ 1% 2 1% Sale 7% 8 85% 90 8% 10 5% 5% 5 8 Sale 12 2% 3 At % At Sale 1% 1% Apr. 17 Apr*. 15 Feb. 15 10 -1 20 65 107 3 Sale 17 Sale 3% % 5% 46* IS Sale Sale 19 82 31*' Sale 2% Sale 48 4% 3 Sale 8% Sale Sale 6% Sale 5% 1% % 11% 70 A 18% 17 % 32% 35% 16% % 37% 36% 17% 27 May 24 May 6 4% May 6 1% May 24 9% May 13 10% May 24 "% May~15 % May 15 24% May 29 4% May 23 1 % 9 1 7% 5% 4% 11% % May 1 May 13 % May % At 9% May 11% Sale 23 Sale May 24% Sale Sale 107 107% 105% May 2% 2% 2% J* May Sale 26 Sale 26 May 28% May 30 29% 29% 17 16% May 18 15% 20 18% May 19 20% 87 1 72 95 % 4% % At 9% 62% At 0 Sale 1% 1% Sale 88% 1% 95 May 27 May 13 37 Sale 8% May 12 115% May 1 14% May 7 7 May 9 5 2 9 6 15 2% 2,S. At 1% 68 % 1% 72 108 Sale Sale 5% Sale 2% 2 11 29 4 9 . At Feb. 75% Jan. 103% Jan. 23 6 3 94% Jan. 2 14 23 2 12 15 13 13% 25% 27 18% 22 79% 81 % Sale 29 31% 51% 57 6% 7 2% 3% % Sale 43% 44% 3% 4 2% Sale 1% 2% % 1 .. 8 13% May 25% May 19 May 79% May % May 31% May 53 May 6% May 2% May % May 42% May 3% May 2% May 2 May % May 26 9 2 14 9 27 16 1 1 15 15 2 7 2 1 8 1 19 15 31 1 1 20 7 May 10 % May 15 May May May May May May May 27 May 29% May 17% May 20 May 18% At 11% 25% 109% 2% 13% May 26% May 19 May 79% May % May 31% May 55% May 7% May 3 May At May 46 May 4 % May 3 May 2% May % May 21 16 23 31 1 1 l5 7 22 21 14 2 15 15 13 7 9 6 20 23 2 2 13 7 21 2% 21 23 3% % 6% 14 3 Sale 3% % 7 14% Sale 68 108% 2% 3 3; 16 5 13 4% May 22 16% Apr. 22% Jan. 155 6% Feb. 65 May 27 Jan. 30 93 %«Apr. 24% May 4 Apr. % Mar. At Jan. 9% May 63 Apr. % Jan. 14 29 28 4 7 13 14 7 16% May 23 17% May 23 May 6 35* Jan. 31 1% 75 ----- 2% 5% 22% 3% At 6% 13% 3% 15 3% 21 3% At 72 108 May May 2% May May 3% May % May 6 May 13% May 2% May 22 At May 16 »82 May 17 1% May 7 72 108% 2% 23% 3% % 7 15 3% May May May May May May May May My 22 14 22 6 2 28 3 21 26 Jan. Jan. 2 18% Jan. 7% Jan. 16 13 116 Mar. 12 Feb. 30 14 7 75% Apr. 7 99% Apr. 26 % Jan. 7 35 Jan. 9 5% Jan. 8 1% May 24 At Jan. 7 11% Mar. 10 68% Jan. 20 %4Jan. 3 28% Feb. 26n 11* 5 Feb. 3 Jan. 10 Jan. Jan. 15 4 15% Apr. 30 19% Jan. 10 % Mar. 27 Jan. Jan. 9% Apr. 16 23 May 26 30% Jan. 9 113% Feb. 105% May 3% Jan. 2% Apr. 22 26 Apr. 25 29% Jan. 33 Jan. 28 Apr. 12 2 10 28 14 4 6 20 15 Feb. 19 20 Jan. 16 Feb, 19 21 Mar. 27 Feb. 17 15% Apr. 28% Jan. 23% Jan. Apr. 22 17% Apr. 22 79% Mar. 20 % Jan. 29 29% Apr. 25 50 Apr. 30 5% Feb. 19 2% Apr. 30 % Feb. 7 42% May 19 3% Apr. 22 2% Mar. 18 * Mar. 4 Apr. 29 Apr. 14 80 Feb 8 4 4 15 7 % May 13 32% Jan. 18 66 .Tan. 7% May 3% Jan. % Jan. 17 6 8 2 60 Feb. 8 8 Jan. 13 3% Jan. 2% Feb. 23 1 Jan. 12 Jan. 27 7 10 103% May 29 103% May 1 Apr. 1% Apr. 6% Apr. 80 May 7% May 5% Jan. 4% Apr. 11% Apr. lH J% Jan. 4 Jan. 6 Jan. 11 96 Mar. 7 8% Jan. 17 M May 22 Jan. 9 11% Apr. Mar. 31 3 At May 16 At May 3 1 % May 7 6 13 Apr. Feb. 9 4% % 5 18% Apr. 4 May 115 May 111% May 25* 103% May 27 103% May 29 103% 104 1 % May 5 1 May 10 1% 1% 1 % May 1 % May 2 2 1% 1% 7 May 6 6% May 29 6% 6% 80 May 5 May 29 87 79% 83 7% May 21 7% May 21 7% 8% 6% May 22 5% May 9 6% 6% 5 4 % May May 12 1 4% 4% 11% May 1 11% May 1 10 11% 2% At At 1% 2% May % Feb. 6 2% May % Mar. 10 3 Mar. 31 % Jan. % Jan. 1% Jan. 14 28 2 28 10 72 2 Jan. Apr. 29 3 Jan. May 13 2% May 15 4 At Jan. At Jan. 24 2 Feb. 15 1% Jan. 57% |4 Jan. 22% Jan. 6% Jan. 6% Jan. 1 o\A 12% Jan. -.1% Jan, 25% Mar. At Jan. 88 Apr. 111% Mar. 103 Mar. 1% May 130 34% May 15% May Sale 53 6% 2% 2 % 13 20 16% Mar. 11 21% Feb. 14 5% May 8 4% May 22 14 May 22% May 15% J2** 16 16% May 23 17% May 23 % May 6 26 9% 25% 109% 95 15 21 21 Sale 65 16% :*% 11 69% H 15 6% 25 Sale 6 22% May 22 4% May 22 13% May 7 May 67% % 4% 1# 14% 93 % a 2% May 1% May 1% May 15% May 65% % 38 2% 15% 5 .7 Sale 72 6 % 4 "4 May 5% 115 May 115% 118 111% May 111% 112 Sale 15 Sale 85* 21 % May Sale 37% Sale 19%'May 20 May T9 6 May 20 8 5% May 4 % May 5 4% May 22 10 3 May 27 10% May May. 16 „.JL,%.May_ J7 20% May 20 20% May 20 May' 5 % May 5 May 17 May 17 85 May 8 1 108 107% May 99% May 1 98% May 27 2% May 3 21% 20 Sale 29 % 11% Co 98 1% 14% H Angostura-Wupperman... — 1 Apex Elec Mfg Co common—* Appalachian Electric Power4%% preferred 100 Arkansas Nat Gas common.-* Class A non-voting * 6% preferred 10 Arkansas P & L $7 preferred.* Aro Equipment Corp 1 Art Metal Works common. 5 Ashland Oil & Refining Co__l Assoc Breweries of Canada * Associated Elec Industries— American dep rets reg _£1 RR 83 106 9% 62% As 51 -.. 88 Sale Sale 3 15% 30 Highest Sale Prices 105 4 19 10 23% % 84% 107% 98% 2% % 33 Lowest Sale Prices 19 5% 4% _.li£ 96% 105 35 20 2% % 72% Highest Sale Prices 24 2% At 114% Sale 18% 20 7% 8% preferred $6 series.----* Preferred $6 series * American Thread 5% pref 5 Anchor Post Fence new com. .2 1st 18 3% 1% 22% Sale Lowest Ask 21% 5% 4% 9% 106 10c $5.50 prior preferred --* American Centrifugal Corp_.l Amer Cities Power & Lt Corp— Conv class A 25 Class A with warrants 25 Class B 1 Amer Cyanamld com class A_10 Common class B non-vot- 10 American Export Lines com__l Amer & Foreign Power warr— Amer Fork & Hoe Co com— American Gas & Electric 10 4% % preferred —.100 American General Corp—-10c $2 preferred 1 $2.50 preforred 1 Amer Hard Rubber Co com_50 American Laund Mach com .20 %6 84 107% 99% 10c 3,400 t Assoc Gas & Elec common. _ 1 Class A* 1 54,900 $5 preferred * 4,100 Assoc Laundries of America. "~"l"66 Assoc Tel & Tel class A Atlanta Birmingham & Coast 80 2 15 Sale $3 preferred — 700 100 100 1 38,500 American Light & Traccom.25 6% preferred 25 3,000 1,350 American Mfg Co common-100 Preferred 100 70 1 42,600 American Maracaibo 4,600 American Meter Co 900 Amer Potash & Chem Corp—* 290 900 Sale Sale r75 104 Bid 19% 17% 24 21% 5% Sale 5 4% 10% 10% „.l %... Sale. 20% % Am Allied Internat Investing— 350 $3 conv preferred * 6,200 Allied Products Corp com—10 Class A 25 2,400 300 Altorfer Bros Co common----* 15,700 Aluminum Co common 7,050 6% preferred 100 * 7,600 Aluminum Goods Mfg * 350 Aluminum Industries com — "'56O 26 20 300 Alliance Investment common 450 . Ask Bid Sale Prices May 31 May 1 1941 —SHa-res-*" —STOCKS 1,210 1 Pric# CURB EXCHANGE In 3,500 RANGE SINCE JAN. PRICES IN MAY SALES -t. May 31 disregarded! n the month's range, unless they are the only transactions of the month shown In a footnote In the month in which they occur. No account is taken of such sales In sales, are AGGREGATE May $38,112,000 160,067,000 $20,908,000 _116,161,000 May 7,179,035 23,938,035 1,721,735 10,300,762 Shares. Jan. 1 to 1940 1941 Bond Sales 1940 1941 Stock Sales NEW YORK CURB EXCHANGE PRICES ON 1 Jan. 10 3 May 22 108 Apr. 25 108% May 14 3 3% Jan. 2% Apr. 22 2 6 17 Jan. 23% May 65 3% % 5% 13% Jan. Mar. Jan. # 3 13 Apr. 29 Jan. 15 4% Mar. 19 42 v» \\ YUKK K\< riTKK aqqreqate SALES H YNO*< PRICES IN MAY NEW YORK Since 1941 STOCKS Par (Continued) 6,200 Automatic Products Corp... 5 6,900 Auto Voting Machine com—* 2,100 Avery (B F) Sons Co 5 525 6% preferred with warr 25 200 6% preferred ex-warr 25 1,400 Purchase warrants 970 Axton Fisher Tob class A—10 - Ask Bid 1 lk 3k 3 354 Lowest lk 2 3 354 3 54 154 354 354 1454 1254 1454 15 354 12 12 ♦ 27 54 Sale 25% Sale 2654 Sale 13,150 7% preferred .--30 52,600 Purch warr for common 4,100 Baldwin Rubber Co com 1 35,900 Bardstown Distillery Inc -1 _-1 28,700 Barium Stainless Steel 35 54 Sale Sale 654 k 3454 Sale 33 600 Ayrshire Patoka Collieries __] 40,400 Babcock & Wilcox Co Baldwin 12 k 4k 5k 754 % lk Sale 1054 Sale 10 6k 4 Sale 6% 5% 2k Sale % 10$ l7°H zV> 6k Baumann (L) & Co com * 7% lstp eferred —100 7% 1st p*ef vot tr ctfs 100 500 Beau Brummell Ties Inc—- 1 900 B^aunit Mills Inc common.-10 380 11.50 preferred 20 87,300 Beech Aircraft Corp com 1 38,500 Bell Aircraft Corp common— 1 conv 28,300 Bellanca Aircraft common._ 1 1,860 Bell Telep Co of Canada—100 1,625 Bell Telep of Pa 6 54 % pref .100 230 Benson & Hedges common— * 50 Convertible preferred * 38,900 Berkey & Gay Furniture Co..l * 1,250 Bickford's Inc common 450 82.50 preferred ..* 2,100 Birdsboro Steel Fdy & Mach_* 350 Blauner's 68,000 10,900 4,200 5,900 2,500 .'. 320 * common Bliss (E W) & Co common 1 Blue Ridge Corp common... 1 $3 optional preferred.* conv Blumenthal (S) & Co com * Bohack (H C) Co common * 7 % 1st preferred —. 100 3,600 Rourjois Tnc 3,050 2,200 25 28 25 4 k 7% 1st preferred.... 5k 5 3H Uk 6k 54 Mar. 29 354 Feb. 24 1254 May 20 Jan. 25 May 15 33 May May May May May May May 8 2 May 29 354 Feb. 24 454 Jan. 30 1754 Jan. 21 16 Mar. 19 4 Jan. 13 54 Jan. 54 May 29 33 354 Feb. Sale 1 1 * 5 16 9 3654 Apr. 2 454 Apr. 26 2754 May 13 25 Feb. 19 3154 Jan. May 12 May 10 May 14 May 1 1 May 6 11 May 13 754 May 29 32 Feb. 24 37 54 Mar. 22 6k 7 15 4k Sale k 40 6 J* 37 IK, 27 19 k Zs 3% y* 54 k Sale . ~~4~H~Sabr 7 10 k 33 lk 33 54 a k 7k Sale 3554 * 654 • 3154 654 35 654 k 3k 54 54 254 54 354 28 25 154 36 k 254 ■k 154 4054 154 54 3554 1154 30 May 26 254 May May 354 May May 9,101 1154 7 1 1054 1154 1054 12 36 Feb. 54 May 26 1054 May 26 Zs May 1154 May 2 6 4854 2 k 3954 1 2 54 Mar. 26 1254 Jan. 16 Apr. 23 it% 754 Jan. 654 Jan. 2 54 May 10 2 23 1 154 Jan. 8 May 13 754 Jan. 10 11 654 May 4 May 1454 May 54 May 35 May 554 May 1 May 1854 May 3454 May 654 May 12 5 22 2 28 8 19 "6 2 2 54 May 14 354 May 6 754 May 10 May 5 May 7 May 10 May 6 May 12 May 19 19 May 16 3654 May 15 7 May 7 4 1554 Zs 3754 654 154 54 May 14 3 54 May 6 Jan. 17 May 26 1054 May 26 Apr. 18 654 May 12 354 Mar. 10 13 54 Feb. 15 35* , Feb. 6 May 28 8 55i May Mar. 21 1854 May 6 Mar. 28 33 554 Feb. 21 54 Apr. 3 Jan. 54 Mar. -'""45|Mkri3 854 May 10 854 May 6 2754 Feb. 13 2554 Feb. 13 Mar. 10 Feb. 15 5 1454 754 2454 554 May 26 254 May 22 96 May 9 111 Z11054 Mar. 19 11754 2354 Mar. 18 2754 37 30 154 1 6 2154 Mar 4 54 Mar; 10 32 32 1054 1154 3054 * Class A Sale May May 54 n 25 * 7% preferred ; 100 900 Brillo Mfg Co common...—* 3,700 34 . ,54 5 —4K~Sate" ■•"IK "Sale" ~~4~54~May T 7 k Sale 754 May 854 854 2 8 8 54 754 May 21 854 Sale Vu Sale Uk 35 2 1 35 654 k 50 k 11 k 30 54 30 * * Class B. 6 ^21 lk 44 254 54 3854 12 32 100 Preferred 110, 7,6001 Brill Corp class A 96 14 54 __Z. 3754 654 154 35 654 37 6H 3 k 36 8 - 16 30 36 Sale 1154 40 54 1054 3754 654 354 1454 k 14 k 25 454 May 29 1454 May 5 654 May 29 19 May 13 454 May May 99 32 k 1254 Zs May 26 14 1854 354 254 9654 36 40 4 5 16 6k 2454 U% 354 Apr. 21 554 Apr. 22 Zs Jan. 20 k Apr. 15 954 Jan. 29 654 Jan. 2 25 25 454 3 54 4 54 30 37 3554 454 654 254 354 Sale 23 k 32 10 7 1 w3iH 35* 354 554 254 54 24 3 2 1 28 28 10 25 18 13*' 37 7 Sale 10" 7 Sale 40 8k 454 254 „ 7 Sale Zs 12 k 38k 7k 3k Sale 6 554 254 54 954 17k 36 k 18 V 4 14 6 34 k 100 "4 k 4 Sale 101 k Sale 120 117 27 30 3354 454 25 ii* 16 Sale * Bowman Biltmore Hotels— Common. 46,700 Breeze Corp 47,100 Brewster Aeronautical 50 Bridgeport Gas Light Co 7,900 Bridgeport Machine com 370 30 25 lk 23 3594 5k $5 2d preferred * 54,600 Brazilian"Tf'tsr ScPrord-rrr* 3,200 25 25 * 850. Borne Scrymser Co 900 2 5 454 Highest Sale Prices Locomotive— 2,700 Barlow & Seelig Mfg conv A--5 1 8,000 Basic Refractories Inc 150 34 32 35 3 15 k '81 32 54 May 29 35 May 14 Lowest Sale Prices 1 Mar. i7 15 3 54 34 4 16 154 May 8 May 16 354 May 8 1254 May 20 k9ale Prices 2 May 29 3 54 May 20 354 May 8 1354 May 2 54 May 29 34 May 8 Ask Ask Bid 154 Highest Sale Prices May 31 May 1 Bid 1454 k 33 54 3k 470 1 Jan. 2 Jan. 1 Shares RANGE SINCE JAN. Price CURB EXCHANGE 554 Feb. 754 Apr. 28 Apr. 1 Apr. 30 Feb. 154 May 3654 May 2 May 54 May 37 54 May 1154 May 6 15 15 27 3 28 1154 May 6 1154 May 7 11 May 23 854 May 1 1 2 6 2 Apr. 20 2 Jan. 8 Jan. 29 10 54 Jan. 27 1354 Jan. 18 4054 Mar. 25 854 Jan. 4 6 Apr. 29 2054 k 38 k 754 154 27 Jan. 4 Apr. 4 Jan. 20 Jan. 14 Mar. 25 Jan. 13 3854 Jan. 13 7 May 7 54 Jan. 15 Jan. 13 5 54 Jan. ~554~Janr 3 854 May 15 1154 Jan. Apr. 25 30 16 154 Jan. 19 40 54 May 3 Jan. 15 <k Mar. 10 17 5054 Jan. Feb. 28 12 4 154 Feb. 54 Jan. 36 Apr. 1154 May 3054 Jan. 31 1 Jan. Jan. Jan. Jan. 34 8 154 May 23 4054 May 22 254 May 8 54 May 5 3954 May 6 12 May 14 Apr. 31 Jan. l7 910 6 16 3 22 24 17 2 24 31 British-American Oil Co- 1,900 500 Registered British Aitier Tobacco Ltd— Amer dep rets ord bear._£l Amer dep rets ord reg 200 British Celanese Ltd— £1 Am dep rets ord reg 100 British Col Pow class A .10s 200 3,050 jBrown Co 6% 3,500 Brown Fence & 1554 1." 13 1654 28 JX 33 Wire 1 com * 1 -_* common.. 1 5 * 20 Sale 2 254 854 754 154 154 32 154 10 254 154 1054 354 Buckeye Pipe Line 50 Buff Niag & East Pow pref.25 $5 1st preferred * 39 41 19 Sale 97 54 Sale Bunker Hill & Sullivan—2.50 Burma Corp Amer dep rcts.. 1154 Sale 1 Zs Z« Zs Burry Biscuit Corp 12 He 800 Cable Elec Products com. ..50c Voting trust ctfs 50c Cables & Wireless— Am dep rects 554 % pref__£l 700 9,100 Calamba Sugar Estate Co 12,800 Callite Tungsten Corp k k k ik 10 k 2 10 k 5 .* 20 Canada Cement Co Ltd 600 Canadian Car & Fdy 7 % pref 25 Camden Fire Ins Assn 19,600 Canadian Colonial Airways—1 125 Canadian Dredge & Dock Co.* 500 Can Indus Alcohol class A * B non-voting * 154 754 154 1154 354 3654 A?** 94 10 lk 23 5 3 13 54 5 Sale 8k 1 k lk Sale lk 38 10 10 654 54 154 5 38 Sale 9454 1454 1354 154 654 154 16 154 754 154 154 1854 7% preferred 100 854 Sale 21 4254 Sale 94 54 90 9H Sale k Z« 154 1254 13 154 Sale 19 13,600 Canadian Marconi Co 550 Capital City Products 77,400 Carib Syndicate com Carman & """900 Class B 1 * -25c Co conv A stock. _* * 2,800 Carnation Co * common 560 Carolina Pow & Light $7 pref.* $6 preferred * 230 28,000 Carrier Corp common 1 400 Carter (J W) Co common 2,900 Casco Products 1 * 500 Castle (A M) & Co .10 33,830 Catalin Corp ot America I Celanese Corp of America— 7% 1st partic preferred--100 7,650 10,300 Celluloid Corp common 15 1st preferred part 740 * $7 dividend preferred 4.150 * 8,300 Cent Hudson Gas & Elec com.* 20 Cent Maine Pow 7% pref.. 100 3,080 Cent N Y Pow 5% pref 100 1 3,200 ^ent Ohio Steel Prod 525 Cent Pow & Light 7% pref.100 .... Central & Southwest Utilities— Common 50c 4,500 16,200 Central States Elec common. .1 4,350 3,875 375 7% preferred 6% preferred Conv preferred Conv oref oot ser 1,050 8,700 Cessna Aircraft Co Chamberlin Metal 3,400 1,250 1,000 1,850 4,050 1,900 Zs 8 8/8 n.k 24 154 154 130 154 154 105 Sale 108 9k 6 k 7k 19 k 3k Sale Sale 40 13 k 110 754 6 54 554 354 Ze 854 Sale 118 98 43 54 100 13 k 1054 10654 8454 854 11254 93 54 Sale 8k 9k 115k 120 Sale 754 654 1854 Sale 110 754 3654 754 654 5 25 Chicago Flexible Shaft Co..__ Chicago Rivet & Machine 4 454 5k 14 k 107 54 109 69 54 Sale 10 Sale 4 5 13 k f>84 6 754 20 Sale 354 54 Feb. 4 854 Apr. 23 154 May 21 9 2 54 1 3 54 Jan. 29 8 1454 Apr. 9 254 May May 61 754 54$ May 854 May 154 May 854 May 154 May 37 754 654 5 54 1854 3 May 7 May 27 May 5 May 1 May 16 May 19 May 7 May 1 4 102 1 Sale Sale 54 54 54. .54$ 454 Sale 1154 Sale • Ze x f. 454 62 854 354 5 454 Sale 10 11% 93 54 94 62 854 6054 8 54 May 16 3 754 May 26 107 54 454 554 1054 10054 11 21 26 24 1 154 May 13 108 754 17 *32 54 54 Mar. Mar. Apr. Jan. 154 May 14 154 May 13 110 Weather 5 254 May 107 54 4 10 854 May 10 154 May 21 110 Zs 154 'At Sale 54 1 Strip Co.. May 22 10 Jan. 25 k May 19 10954 10754 May 454 454 May 106 105 May 3954 3854 38 3654 May Sale 1054 1054 1054 May 10854 109 11054 Sale 87 8854 8454 May 9 8 8 854 May 115 112 11554 114 May 454 106 36 1 Cherry-Burrell Corp com Chesebrough Mfg 54 May 19 29 25 19 11 154 Jan. 10 May 16 154 Mar. 18 13 Apr. 2 38 4254 1954 9954 1254 1 May 28 Mar. 12 Feb. 6 Mar. 6 Jan. 31 % Feb. 21 k Feb. 19 54 Feb. 3 54 Feb. 5 May 22 154 Jan. 7 14 6 Jan. 6 154 Apr. 26 154 May 13 11454 54 854 % 354 Jan. 1854 Jan. 29 27 2 Mar. 21 154 Jan. 2 154 Jan. 11 Jan. 5 15 Feb. 25 11754 Apr. Mar. 19 % Jan. 9 Mar. Feb. 7 Jan. 7 154 Apr. 18 30 28 17 24 106 Sale 4 54 k 95 109 16 Sale 133 4 9 3654 Feb. 5 1754 May 29 93 % May 29 9%' May 23 % Mar. 5 54 Jan. 14 125 8$ l/ 356* 39 Sale 7k 4254 May 28 1854 May 1 95 May 15 1054 May 6 54 May 16 54 May 31 May 29 7 13 154 154 37 111 k 109 k 7 May 7 1754 May 29 9354 May 29 954 May 23 54 May 16 Z« May 3 5 1354 16 254 Sale 24 1954 754 7k 3654 3854 108 11254 Sale 6 37 1554 154 754 154 18 54. 54 854 954 154 Sale 100 100 100 1929..100 Charis Corp common For footnotes see page 51. k 8k % 20 154 2454 15s 1154 30 Jan. Feb. Mar. Jan. 21 3 5 119 15 14 Feb. 2« 1 k May 27 May 6 May 27 May 7 May 1 38 May 16 154 May 5 1254 May 3 Jan. 54 1554 1754 254 Z? Apr. 15 1454 17 254 Sale 154 154 Feb. 15 1454 May 20 154 May 27 7 May 29 154 May 1 38 May 16 154 May 19 1154 May 31 54 8 15 4 2 4154 1754 Canadian Industries, Ltd— 110 20 54 May 19 38 154 154 1154 Sale At Jan. 54 Apr. ----- 9g 1 3 May 23 7 54 Jan. 7 54 34 1254 8 1254 Apr. 54 10 13 Sale 11 Y* 3 14 k 2 Sale At % k 20 1 6 1 lsll 1,800 300 Sale 1354 1554 Bruck Silk Mills Ltd ""loo 1154 854 654 * 16,500 Brown Rubber Co 1,200 Bruce (EL) Co 19,900 6,850 17,800 1,000 19,000 12 preferred-.100 Class A preferred 1,600 4,200 Brown Forman Distillers $6 preferred 240 "2",750 754 654 Mar. 25 754 May 26 9 3754 May 113 May 7 108 May 5 8 May 12 654 May 16 6 May 24 7 1854 May 354 May 12 28 11954 May 9 15 554 May 4 8 106 May 9 19 3954 May 9 1 1054 May 21 1 19 13 114 -2 May 22 May 10 May 13 Zs May 28 *32 May 2 May 3 Z« May 1 54 May 21 54 May 1 4 54 May 23 354 May 3 54 May 5 Feb. 35 110 108 754 654 5k 17 254 28 11 754 Apr. 22 39 Jan. May 27 113 May 5 11054 Apr. 23 1054 May 16 654 8 May 19 Apr. 29 20 Jan. 31 354 10754 May 28 134 4 Feb. 15 96 Jan. 9 Apr. 2 7 Jan. 21 Jan. Jan. 9 13 Apr. 2 May 12 Jan. u8£ 3 Feb. 15 Mar. 10 Mar. 10 Mar. 10 3554 Feb. 21 46 10 6 Apr. 21 1354 Jan. Apr. 18 '10654 Apr. 26 82 54 Apr. 15 Jan. 20 95 106 54 May 6 >3j May 2 54 May 5 54 May 29 54 May 29 54 May 1 354 May 6 6 1 May 12 554 9 1154 95 May 28 10054 6054 May 27 6254 854 May 7 854 1154 May Jan. 7 6 May 1 May 9 May 1 May 17 May 7 8 110 Feb. May 19 10 Apr. 24 11654 Jan. 54 Jan. 20 *31 Jan. 6 k May 5 54 May 29 54 May 29 54 Mar. 7 354 Apr. 16 10 9 Z« May 28 «3i Feb. 3 Jan. 10 Jan. 9 Mar. 27 Jan. 10 454 Apr. 7 254 54 54 54 3 % Feb. 25 4 54 Mar. 4 54 Mar. 4 554 Jan. 1154 Fen. 26 1454 Jan. 95 May 28 11054 Jan. 60 Apr. 17 73 54 Jan. Jan. 854 Apr. 17 10 19 11 13 22 16 2 NEW YORK June, 1941] AGGREGATE SALES PRICES new york Since Jan. 2 Jan. 1 Shares 825 10,000 2,100 300 30 200 160 500 50 3,400 400 900 ,200 . stocks (Continued) Par 1,500 Chief Consol MiningOo—-- -1 .100 5,400 Ohilds Co preferred --10 76,900 Cities Service common $6 preferred.. —--—* 17,400 60c preferred B * 1,800 510 $6 preferred BB * 910 Cities Serv Pr & Lt $6 pref-875 $7 preferred * * 6,200 City Auto Stamping Co 10 2,200 City& Suburban Homes --1 1,250 Clark Controller Co 1 14,900 Claude Neon Lights com 900 Clayton & Lambert Mfg Co-.4 * 5.750 Cleveland Elec Ilium com 8,000 Cleveland Tractor com Clinchfield Coal com... —100 8,300 5,300 Club Aluminum Utensil com.* Cockshutt Plow Co Ltd 100 800 """loo 6,500 100 2,900 450 500 9,300 ,1,600 200 600 600 200 """900 5% preferred 4,060 100 1 48,500 Columbia Oil & Gas com Commonwealth & Sou Corp— 63,500 600 2,800 180 190 4,800 50 100 -2*2 00 Sale 695* a Sale 6 54 6 MX Sale 93 955* 100 96 f 6X 55* Sale 17X 16 6 Sale 55* 2X 254 3X X 35* 4 4154 554 25* 3 45* 9X 98 X 5X ox 16 Sale 7 X 39 X Sale 54 454 55* 52 925* Sale 95 935s 55* 55* 55* 65* 16 155* % 85* 754 Sale 35 354 25* 45* 254 15* 4 2 IX 9X 75* 154 95* 15* 45* 25 Sale 3 54 2 54 45* Sale 73 Sale 1 Sale 6,300 1,800 Community Water Serv Compo Shoe Machinery— V t c ext to 1946 --1 2,500 Conn Gas 9c Coke Security— * Common $3 preferred 50 1 36,900 Conn Telep & Elec Corp 5,500 Consolidated Biscuit Oo Con Gas E L & P Balt.com—* 24,300 45*% series B pref -.100 830 4% pref series O —-100 1,260 1 22,400 Gonsol Gas IT til com 5 1,100 Gonsol Min & Smelt Ltd Cons Retail Stores Inc com—1 3,900 100 preferred— 4,600 Consol Royalty Oil „_.25.40Q Gonsol Steel Corp common. 10 _ . " ih X, X 13 X 35** Sale 38 Sale* $ 10454 99 IX 7X 100 7% prior preferred 1,730 1,200 Continental Oil of Mexico IX Sale i~,66o 17,950 1,600 13,000 3,200 13,300 1,325 16,900 3,100 1 4,150 300 1,500 150 3,700 600 * Cooper Bessemer Corp com—* $3 prior preferred-Copper Range Co Cornucopia Gold Mines. 5c Corroon & $6 1 Reynolds preferred A Cosden * 1 Petroleum com 50 5% conv preferred 20 nx 100 900 700 700 ' 250 1,300 Am dep rets for ord stk reg _. 5 92,500 Creole Petroleum com16,500 Crocker Wheeler Elec Mfg---* 23.800 Croft (The) Brewing Co 600 Crowley Mllner & Co com 2,500 Crown Cent Petrol (Md) 3,300 Crown Cork Internal cl A— 1 * 5 4,700 100. 1,100' 180 5,400 100 1,400 175 30 2,100 36 mm 1 70 X 55* 94 735* 555* Sale 5454 May 28 1 May 1 5754 May 6 154 May 13 May 1 zl5* May 22 1 154 May 14 15* 1 154 IX 7 3 Sale 2 14 554 x 1 yi Sale 2 Sale 25c 10,700 Grown Drug common 7% conv preferred 725 25 300 Crystal Oil Ref Corn com—-* $6 preferred —10 350 5 15.600 Cuban Atlantic Sugar Co 5 100 Curtis Mfg Co (Mo) 54 2 45* Sale 1 22 22 X 4 4X X IX 80X X OX 105* 1154 1054 May 2 10 54 May 14 X, 6 1 IX 43 X Products.---_1 100 10 9 Dominion Bridge Co Dominion Steel & Coal B IX 15 * .25 4X 2X 55*% preferred .100 110 Draper Corp 2,500 Driver Harris Co common—10 7% preferred100 30 1 6,300 Dubilier Condenser Corp . Dominion Tar 9c Chemical * 5,100 2,700 2,600 1,150 200 125 325 1,400 200 48,300 18,000 6,600 350 1,800 """300 3,200 50 800 Eastern Malleable Iron Co..25 * 3,100 Eastern States Corp com $7 preferred series A. * 1,375 $6 preferred series B * 1,875 8,700 Easy Washing Mach class B. * 1,400 Economy Groc Stores com—* 5 319,400 Electric Bond & Share $6 preferred * 75,200 $5 preferred * 32,800 3,150 Electric Power & Lt 2d pf A--* . . — 11,500 Option warrants 300 Electrographic Corp com 150 Empire Dist 1 15 _ — 1.175 Elgin National Watch Co. — Emerson Elec Mfg Co com 18,600 51. 1 75* 86 15* 854 15* 3 1654 Sale 4 54 454 5* X H X 15* Sale 45* 454 % 1 2054 22 5* 5* 65* 10 65* 65* 1 154 154 9 9 2554 65* 3 15* 46 106 15* 854 185* 15* 25* 654 35* 25* 44 36 Sale Sale 103 95* 185* Sale 195* 2 154 40 9 Sale 154 25* 175* 5*6 165* 18* 105* 25* 13 654 45* 165* 55* 5 May May May May May May 15* May 554 May May 23 5 1 935* May 7 7 75* May 6 May 4 5* May 3 5* May 5 154 May 20 82 May 5 1 May 1 75* May 15 155* 15 H 3X Sale 65 Sale 15* 25* 654 3 15 45* 2 Sale 3 12 5* 2 8 55* May 28 5* May 5 15* May 16 86 May 20 6 15* May 8 May 22 13 1254 25* 1154 Sale 2 595* Sale 59 57 X 55 Sale 54 X nx ilk 75* X 105* IX 11* 4 3X Elec 6% pref. .100 72 X ux 7 May May 7 2 6 May 15 May 2 May May May May 17 54 May 454 54 5* 25* 454 1 30 Feb. 14 2454 Jan. 54 Jan. 29 2 135* Jan. 2 2 May 22 May 26 65* May 28 8 Apr. rlH iioH 5* 65* 7 4 54 5* Feb. May May Mar. 10 31 Jan- 24 14 Jan. 6 Jan. 6 23 9 15 17 17 19 3 9 18 6 25* Feb. 18 Mar. 5 9 5* Jan. 17 X May 1 154 May 2 454 Jan. 21 % Apr. 14 20 54 Feb. 26 Wt Apr. 18 12 5* 3 5* May Feb. 3 55* Jan. 22 5 Mar. 4 2 154 Jan. May 16 _ 16 8 6 754 May 195* May 24 9 May 71 255* May 19 65* May 10 35* May 12 2 May 13, 5 455* May 107 May 16 IX May 20 36 May 26 9 May 9 185* May 31 15* May 1 25* May 3 1 54 May 175* May 29 55* May 195* May 8 May 25 May 6 May 35* May 15* May 43 May 104 May 1 May 3254 May 9 75* May May 175* May 15* May May 5*6 May 17 May 2 7 2954 85* 175* 15* 18 6 54 Jan. 154 Feb, 16 2 X .Tan. 3 6 7 . Mar. 27 Apr. 4 Apr. 10 Jan. 20 8 May 26 65* May 28 45* 154 225* 5* Mar. 4 154 Jan. 75* May 2 8 1 6 Mar. 24 12 Jan. 11 28 54 Jan. 3 Apr. 1 65* 354 254 505* Jan. Mar. 27 Mar. 18 Mar. 17 Apr. 1 15* May 20 36 May 26 107 9954 Feb. 1 25* Feb. 17 54 May 6 Jan. 20 15* Feb. 35 3 6 5* Mar. 11 854 Jan. 4 1154 Jan. 14 11 Jan. 3 37 Jan. 7 55* May 28 54 Jan. 28 154 Mar. 13 86 May 20 15* May 6 8 Apr. 4 754 May 3 54 Feb. 185* Feb. 8 May 25 Mar. 55* Feb. 25* Jan. 13 9 Mar. 98 Jan. Jan. 70 21 11 Jan. in 5* Jan. 45* Feb. 1 Feb. Jan. Ih FeD. 2554 Jan. 35* Jan. 105 Apr. May May Jan. Feb. May Apr. May Apr. Feb. Mar. Jan. 2 Jan. 15* Feb. 554 Feo. 89 6 54 Mar. 11 335* Mar. 24 Jan. 1 May 6 825* Jan. Jan. Mar. 10 Apr. Jan. 17 185* May 31 Jan. Feb. 1 54 Jan. 5*6 May 17 May 15* Jan. 25* Apr. 5* Jan. 11 Jan. 2 21 1 6 10 May 2 10 May 2 Apr. 10 125* Jan. 23 15* Mar. 28 Apr. 10 May 2 15* Mar. 28 11 11 1054 25* 10 13 45* May 7 55* Jan. 27 Jan. 16 5 354 May 19 7 May 7 354 May 19 554 Feb. 4 354 May 19 7 15 454 May 15 454 May 15 6 6 5* May 7 16 45* 554 454 May 66 23 29 954 5* 125* Sale 29 Sale 85 4 454 80 8554 854 154 Sale 295* 32 47 505* 115* 13 5* 54 H 55 28 May 1 May 2 May 3 May 14 % 13 115* 54. Sale 12 X 14 12 X Sale Sale 13 12 X 4 5* 154 4 5* % tI* 52 17 17 May 1 35* May 9 3* May 20 14 6 15* Mar. 11 45* May 9 454 Jan. 9 Jan. 100 May May 6 Mar. 24 15* Jan. May 1 154 May 12 5554 May 14 May 3 115 109 May}!? 105 154 15* May 2 225* 225* May 12 3 3 May 21 65* May 110 11054 114 25* 254 25* 735* 76 74 54 5* K % % 7 754 7 Sale |u 9 3 15* 25* 595* 11554 May May 15 7 115 7X Sale 2X Sale 32X Sale 13 254 Jan. 68 Sale 11 May 22 Jan. 10 Jan. 7 Feb. 20 29 54 Mar. 335* Mar. 64 X Oh 2 h 1 3054 10 50 2X Sale Sale 2 30 20 1054 May 2 65* May 23 7 Sale 18% 60 28 110 10 X 55* 9 Jan. 185* May 23 5* May 24 254 6 36 6 11 14 13 54 254 1254 Sale Sale 56^ 75* 54 115* 31 T For footnotes see page 84 69 X 10 27,700 Eagle Picher Lead Co * 15,000 Eastern Gas & Fuel Assoc 6% preferred -.100 26,500 45*% prior preferred 100 6,750 8 41 13 Jan. 11 30 55* Sale 5*6 15* 64 73 X 4,700 Duval Texas Sulphur 16 31 23 Jan. Feb. 15 20 xl5* 34 23 * 1 * i~,206 Mar. 15 60 54 Mar. 10 75* 64 53 100 3,475 Duke Power Co Durham Hosiery cl B com 17",300 Duro-Test Corp common 11 Mar. 17 24 104 OX 7 65* 7 17 1 X 5 *64 Jan, 11 2154 - Jan. 70 19 102 14 1 11 2X 5% 3X Am dep rets ord reg £1 8,100 Divco-Twin Truck Co com—1 Dobeckmun Co common 1,000 1,300 425 475* 11 1,666 10 35* 154 27 10 7% preferred ""266 1,100 1,350 5* 65* 27 10X 975 Diamond Shoe Corp com— - - * 2.50 100 Distilled Liquors Corp Distillers Co Ltd— De Vilbiss Co common 3,100 IX 2X X 2,300 Detroit Steel Products.----10 """165 30 9 Sale 4,500 tDetroit Paper 50 195* 107 100 800 300 65* 15* 25* Sale 6 3 900 preferred 1200 Detroit Gasket & Mfg Co 7* 2654 25 17 X 400 oh Sale 6% preferred w w 20 1,500 3,600 Detroit Gray Iron Fdry com.-l 1 4,800 Detroit Mich Stove Co 300 9 3 Sale 10 8X conv 82 1h 7X 32 X A 1 ski* 18 X 8 Class A conv 35 1,540 1 36,400 Derca Records common 1 2,900 Dejay Stores Inc common -5 19,400 Dennison Mfg Co class A $6 prior preferred———50 1,000 160 8% debenture stock-----100 * 3,500 Derby Oil & Ref com 300 4X X 4X Sale X* X 2 ih 4 h Sale 1 % 21 235* 1 100 6 10 8X 89 89 54. ox 5X 5 * 1 16,700 Daroy Petrol Corp 425 Davenport Hosiery 4.650 Dayton Rubber Mfg IX 5 6 55* 2 154 154 Sale 10 75* 4 11 2 20 55* Jan. 695* Jan. Feb. Feb. 53 1954 May 3/e May X Sale 1 X 6 11 Jan. 10*1 54 Jan. 29 45* May 9 2 May 29 705* Apr. 12 i(n May 185* May 23 5* May 24 86 32 * 220 15* 45* 25* 745* 195* 10 H OX 10 30 mm mm. Jan. 65* Jan. 16 Jan. 8 May May May May May 54 32 31 285* 1 1 15* IX Sale 2 2X 2X 15* 5554 50 X Sale 5654 5554 115 115 11GX 1155* 116 108 X Sale 10854 1095* 1085* 154 15* IX IX 154 24 X 225* 225* 22 X 2154 3 3 5* 3 2h 3X 101 105 99 X 105 15* 15* 15* IX Sale 554 55* 554 5X Sale 7X X 54 4 300 Cuban Tobacco common 200 Curtis Lighting Inc com.-.2.50 100 8X 12 X 32 67 8 Sale 2 92 Sale % 8 25* 715* 4 X X 10 mmmm 16 5 15 31 1 26 20 1554 May 54 May 8 May 38J* May 45* May 25* May 15* May 19 hi Jan. 7 Feb. 9 354 Feb. 6 48 Feo. 6 5 Mar. 2 48 Feb. 12 1 x895* Mar. 89 Mar. 5 55* Mar. 13 55* Jan. 15 54 Feb. 16 5* May 1 554 Jan. 22 35 May 12 3 54 Apr. 6 254 Jan. 26 15* May 13 £1 Courtaulds Ltd 200 28,000 4,700 3,800 11X 9 554 May 55 May 955* May 955* May 55* May 1854 19X he -- 8 12,400 Cont Roll & Steel com 250 Cook Paint & VarniRh Co l",206 Sale 91 45* May 635* May 25 23 54 Highest Sale Prices 54 May 31 8 5* May X IX 1H a ]X 70 X Sale 118 X 119 1105* "I® IX iox Sale 24 1554 May 5* May 75* May 35 May 4 May 25* May 15* May 31 28 26 31 22 22 31 May 7 1 May 1 45* May 9 2 May 29 7154 May 29 Sale 1 54 May May May 54 May 5 May 49 May 925* May 94 May 554 May 4 Lowest Prices 4 8 Sale Sale Prices 7 7 45* 2X IX 56 IX Sale 2X IX 2X 7 OH 59 IX Sale Sale 4 1 4 54 Sale 80X Sale 57 37 X X 65* 4 48 59 56 955* 95 X 5X 5X 15 h 7* 6 4 40 X % 754 Sale 45* Sale 02 X 61X 5h 5X Continental Gas & Electric— 40 1 Sale Prices Highest Lowest Ask - Common 8% Sale 4 54 Ask Bid Bid •4 Warrants 13,500 Commonwealths Distribut— Community Public Service— 152 ""400 9* '8 - - 16,500 Colon Development Co Ltd-Is 100 6% convertible preferred £1 18,700 Colorado Fuel & Iron warr 4,250 Colt's Patent Fire Arms Mfg 25 Columbia Gas & Elec Corp—■ 100 2,300 Cohn & Rosenberger com Ask Bid May 31 May 1 1941 Shares 200 RANGE SINCE JAN. IN MAY Price curb exchange In May 43 CURB EXCHANGE 35* 82 "3X 85 5 29 19 110 254 May 12 May 3 75 May May May 21 75* May 5 15* May 29 30 May 26 May May 1 May May May May 15 19 13 28 May 6 85* May 28 2 5* May 1 3254 May 7 May 1 58 May 2 54 May 19 75* May 26 ijj May 29 May 1 125* May 23 1 % May 13 54 May 13 54 May 254 May 125* May 2 5* May 665* May 62 May 95* May 54 May 275* May 28 3 5* May 12 8554 May 6 295* May 12 45* May 2 8554 May 6 50 11 5*6 May 13 May 125* May 27 25* May 27 1154 May 12 2 52 Apr. 2154 Feb. May 25* Apr. 725* Apr. 110 17 76 27 29 19 111 26 3 29 76 54 18 May 15 Jan. 29 Jan. Jan. 6 Jan. 22 13ieMay 21 65* Mar. 11 15* Jan. 754 Jan. 21 75* May 5 15* May May 49 Apr. 11 Apr. 54. Apr. 1254 Apr. 12 5* Apr. 25* May 1154 May 2 Apr. 575* Apr. 515* Mar. 7 5* May *j» May 115* Feb. 27 5* May 29 26 105* Jan. 354 Jan. 10 42 Jan. 10 5854 13 5* % 1554 1554 Jan. 14 Jan. 10 Jan. 6 30 25 8 15 24 24 27 12 30 21 6 26 29 14 28 2 Feb. 18 80 Apr. 8 I2H 4 Mar. 28 Mar. 28 .Tan. May 45* Jan. 70 4 Apr. 65 54 Apr. Jan. 13 154 Feb. 12 54 Jan. 2 7 13 2 3 13 28 7 325* Mar. 15 4 5* Apr. 28 6 8554 May 44 NEW YORK EXCHANGE CURB AGGREGATE SALES PRICES IN MAY NEW YORK CURB EXCHANGE Since Price Jan. 2 1941 Jan. 1 Shares STOCKS 8,275 4,075 3,280 . 920 ; 250 2,300 48,600 11,800 22,700 800 3,500 11,600 51,450 3,100 3,500 10,600 14,000 (Continued) Par Empire Gas & Fuel 7% pf-100 8% preferred —100 6% preferred ... 100 653 % preferred —___100 Empire Pow Corp part stk—-* Emsco Derrick & Equip Co.--5 Equity Corp common - - _'—10c S3 conv preferred -1—- -1 Esquire Inc Eureka Pipe Line —.50 Eversharp Inc common --1 — 70 72 73 21 h 20" 93 93 53 9153 8953 Sale 89 9253 23 2154 22 254 13 54 54 1353 3 253 Sale 2153 2254 253 253 753 Sale 38 21 lSy 6854 11554 116 ill* 253 253; 23 254 2153 2 Sale 9053 May 9153 May Lowest 2 9154 May 2 Highest Sale Prices 68 Feb. 14 72 Jan. 23 9254 May 8 91 May 28 9053 May 13 8953 May 1 90 May 2 2154 May 2 553 May 22 % May 5 1354 May 5 153 May 3 2154 May 3 253 May 5 7y 3 Sale 3 rt653 Sale 653 6 6754 Feb. 70 Feb. 2154 Apr. 553 May % Apr. 13 Apr. 153 May , 22 May 13 May 27 54 May 6 1454 May 20 254 May 7 23 May 29 254 May /, 9 ,6 o 30 22 A* Sale 38 "61"" Sale" Sale 127 10M Sale 1053 11 May May May May May May 14 May 1 May 3 May 28 May 5 May 13 May 1 61 5953 62 May 1 12554 May 28 12553 127 10 1054 953 May 20 10 May 2 953 1054 May 6 May 6 May 10 May 3 Sale 6 53 553 20 653 653 32 21 753 754 39 12 2054 654 854 32 * Highest Sale Prices 13 14 25 22 26 16 3 2154 Mar. 19 553 May 5 Sale Prices 97 ; Mar. 12 9554 Mar. Mar. i Mar. 2253 Mar. 95 95 , 8 53 2053 353 28h 13,500 Amer dep rets—Ord reg £1 Ford of France Am dep rets - 1 —5 21 Fox (Peter) Brewing Co 54 — : 1 ft 14 14 29 27 7 753 553 553 1953 1 6 ,,, 7 Jan. 9 13 1053 Jan. 4 54 Jan. 11 7Jan. 16 2553 Jan. 10 i May 14 Apr. 23 May 29 May 27 Apr. 21 May 14 .. 10 Feb. 27 54 53 5754 48 9553 5354 9553 May 2 52 May 20 9553 May 7 52 May 20 54 May 13 ""M May"27 10 453 12 53 83 74 , 57* 80 8253 30 k 54 2954 53 53 ;% 5854 Sale 1753 4353 3353 1854 1853 45 34 18 453 Vk* 82 53 1 8 Sale 82 Sale 53 :% 52 56 70 76541 70 78 2654 2354 Sale 23 52 54 53 "' „ 50 51 100 1 6% preferred A 200 Gen Water Gas & Elec com 90 11 12 4154 98 85 •11* 90 5X "* * 654 50 44 6 88,300 Glen Alden Coal Co—_ 1,200 Godchaux Sugars class A 5,900 Class B 854 19 5 — 93 X 1 M, 50 Goodman Mfg Co 500 Gorham Inc class A com * 6,425 $3 preferred -* 4,300 Gorham Mfg Co common. —10 1,600 Grand Rapids Varnish Corp. .1 6,800 Gray Manufacturing Co.---10 650 Gt Atl & Pac Tea 1st pref. .100 5,375 Non-vnting common stock.* 96,800 Greater New York Brewery, _1 4,550 Great Northern Paper Co. —25 7,300 Greenfield Tap & Die com.--* Grocery Stores Prod— 2,200 Common 25c 1,400 JGuardian Investors common 1 62,800 Gulf Oil Corp 25 I,700 Gulf States Util SB pref * 620 S5.50 preferred ------ — * 50 Gypsum Lime & Alabastine..* 4 Sale • 56 54 53 % 53 41 May 1253 May 76 May 53 May 5253 May 78 May 23 "May 53 May 54, May 46 May 4: 23 6 27 2 6 22 6 12 7 29 5 94 5 154 9954 53 "• ----- 5 654 Sale 98 Sale 42* o Sale 1053 Sale 1 154 J»» K, 33 Sale 11153 Sale 109 10953 ■ 3 153 2153 26 35 21 2853 9 853 Jan. 10 11 i 5 7 7 34 Feb. 14 28 Feb. 19 Mar. 50 90 „ 1 40 18 53 Jan. ;: Jan. 6 5253 May 6 7753 Apr. 19 23 May—6 53 Jan. 7 54 Apr. 19 46 May 29 10153 Mar. 1053 Apr. 40 May 98 800 6% conv preferred 31,600 Hecla Mi ning Co 2,500 Helena Rubenstein Inc 1,650 Class A 8 Sale 25 Sale 4 354 May 22 754 953 2453 453. 954 2553 94 9954 1 53 9 May 1 2353 May 15 453 May 29 94 May 9 53s May 8 "354 May'22 1 6 54, 28 154 23 53 25 k - 154 953 May 21 2554 May 26 6 May 9 96 ' May 9 .%«Mayi 8 63 65 28 21 53 2653 453 353 23 May 5 2653 May 19 453 May 12 453 May ; 1 131 • May 8 10054 May 10 % May 3 3953 May 6 8 May 20 May May May May May May May May May 153 > 53 154 2 5k 553 2553 153 2653 253 X Sale 153 18* 153 2253 454 50 25c 22 * * 11 12 10 10 1153 1054 554 Sale 5653 2* 20 Sale 27 Sale 1054 1054 26 .25 26 50 250 2,400 2,925 3,300 10,900 7% pref ex-warrants ♦ Henry Holt & Co part A Hewitt Rubber Corp com— Is .10 Heyden Chemical Co Hoe (R) & Co class A .10 -5 Hollinger Consol G M * 50 Horder's Inc * 400 Hormel (Geo A) & Co com. 1,500 Horn (A C) Co common... III • Horn & Hardart Baking Co. 20 350 59,400 II,800 700 1,200 700 600 9,000 1,250 Horn & Hardart common.. TOO 5% preferred Hubbell (Harvey) Inc -.5 * Humble Oil & Refining—.. Hummel-Ross Fibre Corp., ;:i5 * HusRman-Ligonier Co Huyler's common "iii 1st prefvtc i Hydro-Elec Seour common Hygrade Food Prod —5 ♦ nygrade Sylvanla Corp. ... - _. 19,700 Ulinois Iowa Power Co46,400 5% conv preferred 50 Div arrear ctfs 32,100 * 13,800 Illinois Zinc Co. Imperial Chem Indus Ltd— Am dep rets ord reg 200 £1 ; For footnotes see page 51 5 12 10 Sale Sale 7 12 1,350 Holophane Co Inc common ~4~, 800 853 1354 79 1054 853 1253 1553 30 33 7554 953 853 1153 253 353 11553 3053 Sale 11354 115 1653 1854 ----- 62 Sale 6 Sale 753 7 % 153 1753 853 8 153 153 3854 353 354 30 653 Sale 9 954 2953 253 554 8 24 24 3 53 10 6654 853 853 1453 12 3153 253 113 27 112 16 55 9 2753 2753 4 53 1054 69 954 953 1554 1453 May 21 May 6 May 21 May 1 May 6 454 2054 5253 53 153 55-3 1754 153 2353 553 853 954 5 2153 5553 53 154 7 18 153 2753 Sale 10 954 53 554 % c\y 153 Sale 33 153 26 454 8 24 24 353 10 69 853 8 853 2753 2753 553 11 71 9 1453 854 1554 13 May May May May May 5 May 17 May 153 May 453 2053 5454 53 153 23 27 3 23 19 12 14 1 553 May 12 May 2 5454 May 3 53 May 7 153 May 19 554 May 27 1§ May 9 153 May 1 21 36 2 Sale 10 453 1054 2 554 454. Apr. 12 16 53 Jan. 13 Mar. 19 X Jan. 6 5554 Jan. 6 91 83 Jan. 9 31 J air : 53 Jan. 5f« Feb. 10 7 28 61 Jan. 21 May 1 1053 Apr. 23 43 { Mar. 6 Jan. 110 Jan. Jan. 10054 Mar. 654 Mar. 49 h Mar. 354 May • Mar. 20 s 14 17 28 22 853 Feb. 4 1953 Feb. 14 453 May 29 953 May 21 2554 May 26 7 54 Mar. 10 94 99 . May 9 54, Jan. 22 153 1453 2653 453 353 12853 97 Mar. 553 653 4* % 153 33 153 2553 353 10 254 Jan. 8 ki Jan. 22 454 May 1 9 May 17 954 May 17 "553 753 May 10 8 May Mar. May 31 May 7 1053 May 6 10 May 2 "453 May"20 "453 May"20 26 12 15 26 27 6 75* 54 554 154 Sale 35 154 2653 1053 May 23 71 May 17 8 53 May 9 854 May 3 15 May 27 Jan. 132 105 Apr. 11 10 15 Feb. 5 54/ Apr. 21 42 Jan. 2 May 75 1053 Jan. 10 153 Mar. Mar. , 11153 Jan. 109 Mar. Jan. 27 11053 Feb. 13 254 Mar. 4 115 .' • 853 Jan. Feb. 17 140H 65 13 3 Jan. 8 Jan. 653 Feb. 12 Jan. 15 22 1053 Jan. 28 2 25 9 May 9h May . Jan. 2653 Jan. Mar. 454 Apr. > 14 Mar. 28 5 k Feb. 2V' 6 Apr. Mar. May 153 3 Jan. II* 54 54 May May i« 6 Jan. Jan. 453 May 20 ; 153 Apr. 5 53 Mar. 1 3553 May 21 Mar. 29 Jan. 654 Feb. 11 ' 9 May Feb. Mar. 21 17 26 k Feb. 26 Jan. Jan. , 5 Apr. 1354 7754 1053 954 1553 .r>.pr. Feb. 853 Feb. May 1 h Apr. Jan. 13 2 Feb. 24 Jan, Jan. 6 9 J an. 9 Apr. 2 Apr. 29 Apr. 10 3153 Apr. 23 253 Mar. 21 25 May 23 2554 May 7 May 29 "18" May29 55 May 1 6053 May 13 553 May 1 553 May 5 653 May 9 653 May 9 18 3353 Feb. 2% Feb. 25 3153 Jan. 8 Apr. Jan. Jan. 29 11353 1653 5254 553 653 c53 May Feb. "I* Feb. Apr. May Mary 63 1054 554 254 May 21 153 May 13 May 1 453 May 6 11 May 3 2454 May 23 Feb. 4 Jan. 23 Jan. 7 14 Jan. 14 38 5 353 May 28 953 Apr. 8 253 Mar. 4 154 Feb. Jan. Feb. 31* 254 May ,21 20 27 7 % Jan. 153 May 18 Jan. 7% Feb. 153 May 9 34 May 17 26 25 654 Jan. 553 Mar. 153 May • 1 34 May 17 153 M ay 5 2454 May 23 353 May 28 10 May 17 4 o Apr. May 36 26 1053 May 69 May 853 May 8 May 15 May 153 Apr. 22 23 r May 5 3553 Jan. 20 Jan. Apr. 53 Jan. 20 15 Sale 2453 2553 11554 110 114 a18** 1753 1854 Sale 59% Sale 854 54 654 8 28 12 13 108 254 Mar. 3354 3054 3353 253 253 253 11753 110 120 553 Sale 7 10 8 9553 May 7 5554 Apr. 2 153 Jan. 24 153 Jan. 6 Apr. I 600 Heller (W E) & Co common ..2 .25 550 7% preferred ww 2 5 -j 153 25 154 May 26 153 13J hi May ^ 6 o 34 Sale 3153 Sale 3153 May 1 3553 Sale 113 11354 117 11253 May 2 113 109 11053 109 May 29 10953 2 253 '253 254 6 6 7 11 53 Mar. 11 953 Mar. 2054 Jan. 2253 Jan. 49 Apr. 3653 May 5653 May 5 a;3 54 Jan 28 i. . 36^ 38^ 554 2053 5253 53 Feb. 90 I 5,600 Hall (C M) Lamp Co —^5 2,600 Hammermill Paper Co com—10 60 Hartford Electric Light 25 3,400 Hartford Rayon com vtc.j..l 3,700 Harvard Brewing Co 1 2,000 Hat Corpof AmclB com—--1 5,700 Hazel tine Corp * 3,100 Hearn Dept Stores common. .5 7 3 52 May 20 53 Apr. 18 h Feb. 26 Jan. < 153 Apr 23 2 4 May 23 1253 May 6 S3* May ,54 Jan. Jan. 45 4 54 453 453 453 453 Sale 354 4 129 130 13254 124 Sale 9754 9853 9953 53 nX Sale o ,54, 39 3653 753 854 753 753 853 2 9 , May 8 May 2 May 10 78 .*■ May 22 24 ~ Max20 53 May 12 54, May 7 5153 May 6 10353 May 22 1081 131 99 153 May 853 May 18 May 17 May < 83 49 353 6 54, 45 754 23 54 30 l'A 107 453 Sale 9 23 ■ 2 49 354 454 5X 98 X i 104 453 May ■13% May 1053 1153 1153 1054 43 40 4153 3954 4053 May 20 4053 May 8 10554 Sale 10853 Sale 10554 May 1 10953 May 31 92 53 96 99 93 5 6 5 554 "554 May'27 554 May 27 21 33 1 1454 3153 453 5X 13054 Sale 45 453 7X 353 -- Gladding McBean & Co— 180 $7 preferred 9,700 Goldfield Consol Mines- 106 41 + Preferred 107 97 X — 275 S3 preferred-..8,917 Georgia Power S6 pref 280 $5 preferred1,200 Gilbert (A C) Co com 700 Gilchrist Co 102 854 May 1 1854 May 26 18 May 27 4653 May 9 3653 May 12 5653 May 13 53 53 ■' 153 54 : H Sale 5$ * 6 94 . General Tire & Rubber— 160 % May 1 60 1 "Hi 54 May 52 853 1 I§""Ap"r"l8 9553 153 3 1054 Jan. Tan. 5853 Apr. 22 69 11153 Feb. 14 12953 May 954 Jan. 3 1153 Apr. 6 94 453 453 1654 Sale 3554 40 * 600 General Rayon A stock 4,200 General Shareholdings 2,050 $6 conv preferred 154 May 9 52 1653 4653 3454 .. * 854 May 90 Sale 40 34 5053 54 360 $6 preferred -610 Gen Outdoor Adv 6 % pref. lioo * -—750 General Pub Serv S6 pref., 54 1 1854 18 4953 3553 5453 18 87 . 154 2153 % 853 May 18 May 17 May 40 May 20 3153 May 20 5253 May 9 Sale 48 * 5,700 General Fireproofing corn♦ 1,280 General G & E S6 pref B._. 3,500 Gen Investment Co com... IIIi 1 19 854 Sale 2053 800 Gellman i Mfg Co c< mmon-. 5,700 General Alloys Co —General Elec Co of Great Brit 1,300 American dep receipts.-. —£1 •' Sale 20 "» 240 Gamewell Co $6 conv pref. 50 Gatineau Power Co 5% preflioo 1 Sale 37 53 32 53 3 11 Mar. 25 19 153 Sale 1853 2153 54 Sale 953 20,500 Franklin County Distilling—1 Froedtert Grain & Malting— 3,550 Common 1 3,600 Partic conv preferred-: 15 9,900 Fruehauf Trailer Co—-—--1 1,900 Fuller (Geo A) Co com— 1 2,075 S3 conv stock --* 1,300 4% conv preferred—.—100 16 Jan. 3 Ford Motor Co Ltd— ""500 Jan. Jan. Jan. II 12 12 25 " Sale 9 53 8 Vq|54 Sale 1454 8 7 24 __ 9154 9253 9154 93 9053 Sale 9053 92 2154 2253 753 10 54 Brewing...—--—1 Fanny Farmer Candy com_-_l Fansteel Metallurgical Corp. _* Fedders Mfg Co common. -5 Fed Compress & W'house—25 Fiat Amer deprcts Class B voting. 253 2 Falstaff ! Sale 21 1 -----10 24 253 Fairchild Engine & Airplane->1 820 Fire Assoc of Phila 80 90 Lowest Ask Ask Bid 553 - Falrchild Aviation com._ Sale 80 Sale Bid Sale Prices May 31 May 1 Ask 75 ! 8,300 Florida Power & Lt $7 pref--* 19,200 Ford Motor of Canada cl A-_* 725 Bid RANGE SINCE JAN,, 1 5 7 353 Jan. 15 Jan. 27 754 Jan. 1253 Jan. 15 22 35 2k May 21 June, 1941] AGGREGATE SALES May Jan. 1 1,200 5,100 10 30 1 Ask (Continued) Par Bid 54 Sale Imperial Oil (Canada) .* 54 6 Registered.. J . 84 84 Imperial Tobacco Co of Can..5 8 10 Imp Tob of Gt Brit & Irel £1 Indiana Pipe Line—.— -7.50 34 34 Indiana Serv Corp 6% pref.100 134 Sale 134 16 7% preferred.!.: J -100 Indian Terr Ilium Oil Co— Non-voting class A —1 Class B stock 1 industrial Finance v t 1 STOCKS 600 I,000 600 950 200 May 1 1941 45,125 5,600 2,600 4,100 9,700 1,830 1,370 700 300 . —100 7% preferred 2,100 3,400 75 425 Internat Metal Indus cl A*.-.* 400 Int Hydro-Elec $3.50 pref.__50 Internat Industries Inc 800 1 800 8,700 1,400 2,100 10,200 2,600 1,050 11,300 19,400 1,400 2,325 7,300 4,350 7,200 2,600 600 500 500 750 150 3,600 1,600 400 900 300 450 800 400 1 Registered . ^ >:. — - Internat Product* common—* Internat Safety Razor cl B_ Internat Util class A 214 174 A 4 4 % 4 /H 4 94 Interstate Home Equip com..l * * Investors Royalty Co..--—1 iron Fireman Mfg com vtc..* Irving Air Chute common 1 Italian Superpower cl Aj: * Interstate Hosiery Mills Interstate Power $7 pref 10 Sale 44 14 54 Sale Sale 104 4 4 104 714 174 11 72 34 14 44 54 14 Sale 94 94 94 10 o 88 4« 64 4 A 13 12 294 34 84 104 14 32 4 154 $> 2 4 10iy May 28 May 704 May 18 May 34 May 14 May 44 May 14 May 94 May 104 May 34 May 4 May 5 May 164 + 17 94 4. * May 6 64 May 16 84 May 5 8 May. 1 44 May 19 18 May 28 19 May 6 184 May 27 124 34 X 34 Sale 1 14 18 10 194 34 14 6 16 —1 7 4, May 10 24 14 14 14 4 2 114 724 184 44 14 44 I 14 II 104 4 4 64 4# 124 30 ' 7 114 May May 34 May 84 May 104 May 1 May 4 May 154 May 94 May 4. May 14 A 2 6 19 27 5 22 8 1 6 19 7 3 13 5 1 12 28 5 9 15 5 2 28 84 12 9 \4 4 84 11 1 >: 24 4 17 94 4b , 2 5 2 Jan. 10 4 4 May 19 214 Jan. 21 24 Jan. 21 29 Mar. 17 29 Feb. 17 Mar. 19 Jan. 13 May May May May May May May May May May May May May May May May May May May May May May May 944 914 934 92 May 19 93 99 1004 99 100 May 2 100 103 4 1044 1034 May 15 1054 1054 Sale A 14 25 264 Sale May 27 284 99 27* Jan. 14 14 12 5 2 22 2 6 6 7 2 19 7 10 22 21 16 27 15 9 6 2 2 Feb. 21 25 Apr. 24 Jan. 11 May 104 May 2 2 6 6 44 Feb. 2 Mar. 25 10 19 May 7 44 Mar. 25 4b Jan. 3 4 Mar. 26 64 May 19 % Jan. 20 104 Mar. 27 144 Apr. 3 344 Jan. 17 4 < May 21 May 5 34 Apr. 10 84 May 12 104 May 28 1 Apr. 10 4 Feb. 14 154 Feb. 18 94 Apr. 23 t' 4a May 2 28 < 13 Jan. Jan. Feb. 20 Jan. 27 Apr. 20 6 Jan. Jan. 94 Mar. 28 644 Feb. 19 17 4 Mar. 20 May 27 May 5 Jan. 4 Feb. 2 14 May 14 May 19 974 Apr. 98 Apr. 16 1044 Jan. 1034 May 15 110 Jan. 92 May 6 24 Apr. 234 Feb. - 27 34 Jan. 4 Jan.- 24 2 3 10 Jan. 7 Mar. 21 Jan. 4 14 May 28 May May May 10 Mar. 25 Jan. ,. 6 14 May 14 '924 9 . 24 May 14 May 28 4 May 3 14 3S?I 7 Apr, 74 Apr. 9 Apr. 5H Jan. 2 (May 1 74 Pen. 15 7 May 21 2 4 Apr 7 13 4 Jan. 2 14 4 Jan. 8 ,"6 I 18 Sa& T 'Vi ..... Highest Sale Prices -4 4. ..... "5",000 184 184 194 Lowest Sale Prices 4 Jan. 4 Jan. Sale 16 20 Highest Sale Prices 64 May 1 6 May 1 84 May 23 7 May 21 24 May 1 Sale 64 84 74 124 Jersey Central Pow & Lt Co— 5 4% preferred 100 6% preferred. 100 1024 Sale 880 7% preferred. —.100 1084 1094 Johnson Publishing Co 10 49", 300 Jones & Laugblin com 36 Sale 100 25 Julian & Kokenge com. j.. 20 244 180 4 24 Sale Lowest Sale Prices Ask 27 1,120 300 8 18 1 1.75 preferred 3.50 prior preferred..---.* International Vitamin -1 875 225 84 5 Class B.._- 20,400 Jacobs (F L) Co.. 3,100 Jeanette Glass Co 2,700 1,200 6 184 44 14 44 14 94 94 34 4 129,500 Internat Paper & Pow warr... * 64,200 Internat Petroleum com. 40,100 11,600 64 May 31 Ask Bid 64 Sale Sale 64 84 9 6 Sale 71 Insur Co of North Amer_.__10 internat Cigar Machinery * 300 Bid --— 17,100 2,200 9,200 24,400 3,550 1 Jan. 2 CURB EXCHANGE Shares 17,825 RANGE SINCE JAN. PRICES IN MAY Since Price YORK NEW In Shores 45 CURB EXCHANGE YORK NEW 19 374 Jan. 5 3 13 10 23 4 Feb. i 1 10 200 400 5,700 2,250 ""loo T,400 1,400 ' 210 50 Kansas G & E 7% pref.-..100 1154 120 -.>....5 74 84 Ken Rad Tube A Lamp cl A. 3 4 Sale Kimberly Clark 6 % pref —100 1104 Kingsbury Breweries com.. 4 4 Kings County Lighting— 7 % preferred series B . .. 100 5 % preferred series D. —100 Kingston Product* 1 Kir by Petroleum 1 Kennedy's Inc. _ . _ 40 280 1,900 700 15,400 II,400 100 800 100 750 Klein (D Emil) Co common 2,580 210 20 "i",666 2,700 1,600 1 * Ko back or Stores Inc com Koppers Co— 6% preferred. ...100 Kresge Dept Stores— 4% conv 1st preferred... 100 Kress (S H) & Co spec pref..10 Kreuger Brewing Co 1 • — 610 Lackawanna RR N J...^..100 1 37,600 Lake Shore Mines Ltd..: 34,900 Lakey Foundry A Machine..1 Lamson Corp of Del (formerly Am Pneumatic Service) 500 5 50 9,600 2,000 100 70 Lane Bryant 7 % pref. 100 2,400 Lane Wells Co common Langendorf United Bakeries— 25 Class A. * "'700 """266 : 900 54,100 17,200 4,900 8,550 14,400 2,200 1,100 950 Convertible preferred., Lehigh Coal & Nav Leonard Oil Development Le Tourneau (R G) Inc Line Material Co 700 Lipton tThos J)6% 50 100 2,300 4,450 61.C60 29,700 3,575 4,650 3,700 1,250 7,300 17,900 1,250 1,300 Lit % 4 67 74 68 514 14 55 52 1^ 14 1 14 2 2 24 4 124 94 5 34 84 14 75 58 4 12 13 84' 34 9 954 97 55 50 75 50 13 134 54 114 44 12 39 39 42 13 Sale 4 44 35 124 Sale 44 Sale 99* 100*" 10 114 34 14 100 14 11,500 90 94 4 Brothers com ..... Locke Steel Chain Co..-Lone Star Gas 114 44 14 84! 500 1,400 430 700 50 400 725 40 5 14 May 14 14 Feb. * 14 17 8 104 Jan. 4 Apr. 19 3 10 »' Mar. 6 42 9 50 - 37 Jan. 104 May 22 34 May 27 ' Apr. 7 134 Jan. 28 54 Apr. 5 Jan. 28 144 Jan. 54 Jan. 28 9 * 4 Feb. 6 14 May 5 Apr. 12 984 Jan. 29 104 84 May 22 104 Jan. 13 5 94 May 14 Jan. 29 Jan. 29 Feb. 15 20 1 s« 1 9 284 64 13 154 16 5 10 21 20 28 254 26 224 2 12 1 54 2 108 13 19 28 V ii* 9S May May May May May May May May May May May May May May May May May 21 Feb.- 21 9 678 Jan. 24 Jan, 30 Apr. Apr. 9 3 '»i Jan. 23 Jan. 10 23 4 Feb. »8 7 9 29 10 6 19 Jan. 64 May 13 154 May 16 Jan. Feb. 10 Mar. 13 28 16 5 Jan. 15 Jan. 19 20 28 26 17 Jan. Jan. 10 10 10 8 Jan. Jan. 8 134 Feb. 84 Apr. May 224 May May 13 12 22 2 8 6 21% Jan. Apr. 44 Feb. 15 1064 Apr. 21 184 May 13 /At Jan. 14 Mar. 1 * ♦ * 38 Feb. 1 15 30 Mar. 10 Jan. 14 Mar. 31 Jan. 4 Mar. 22 . 7 May 22 6 244 Apr. 23 dep rct. * 2 2 14 10 24 Apr. 14 34 4 14 284 4 4 14 29 34 4. 14 274 < 9 "44 May'l4 May 19 A May 21 14 May 9 29 May 6 May 4 4 14 28 -a9 14 May 28 274 May 23 10 94 Jan. 4 10 * 1 com 4 30 3 1! 27)1 Feb. May 19 May 28 May 23 * 554 58 14 14 74 Sale L26 264 Jan. 11 44 164 44 194 Sale 4 26 Sale 1/. 4b May 31 34 Feb. 1 2 78 1 5, - . 33) 344 May 28 21 1 14 24 Jan. 14 9 22 Jan. 33 20 2 8 594 Jan. 9 24 Jan. 94 Mar. 10 Feb. Jan. 3 Jan. 8 Apr. Apr. 16 1 11 29 4 Apr. 2 1 1 54 May 15 100 May 1 1 Mar. 15 May 19 24 344 May 28 Apr. Feb. Jan. Jan. 36 Jan. 5 4 Mar. 15 > May 19 14 Feb. 28 44 May 22 54 May May 904 May 20 100 Sale 10 1244 May 12 148 .. 4 Apr. 22 44 5 20 ; 154 Mar, 34 Mar 19 44 29 54 99 24 Apr. 10 1 554 Apr. 14 Feb. 54 Jan. 5 14 May ; 5 74 May 1 17 12 1264 May 28 44 May 27 2 16 May 21 21 4 22 May 1 May May 1244 May 44 May 16 May 34 May 127 — """lb 5 May 17 Jan. Apr. 7 11 H Apr. 23 44 Apr. 14 404 May 17 134 May ,2 4 May 6 May 21 104 May 22 34 May 27 * Mar. 12 Jan. 24 Apr, 22 104 4 Jan. 94 2 12 84 May 22 9 * 6 * , Tl',366 964 May 114 May 14 74 May 24 May *»» May 26 May 64 May 154 May 14 May 134 May 84 May 4 May 224 May 204 May 14 May May 108 May 18 May May % 28$ T.Ioo 954 May 19 h 14 Jan. 24 Feb. 34 Feb. 10 Mar. 3Vs May 17 15 .* 4,200 Massey Harris Co common 1 7,650 Master Electric Co.... May McEwen Kaiser Co— 150 $4 preferred.. j. * 55 60 4,600 McCord Radiator & Mfg B 14 2 _* 26,100 McWilliams Dredging com 54 Sale 2,500 Mead Johnson & Co com 146 Sale 6,100 Memphis Nat Gas com., 5 44 44 1,100 Mercantile Stores Co 15 164 1 2,200 Merchants & Mfrs class A 325 Participating preferred 26 29,600 Merritt Chapman & Scott— 5 Sale 64% A preferred 100 2,550 784 80 Common stock pur warr'ts 200 22,000 Mesabi Iron.. 700 Metal Textile Corp com25c Particlpa ting preferred 15 344 40 ; 50 1,150 • 14 May 2 5 800 Mass Util Associates vtc 900 20 Internat Marine— Communication Am 600 Margay Oil Corp ■, 29,500 Marion Steam Shovel 800 500 May May 21 4 May 12 12 May 6 76 54 Feb. 1 ..... — Maptw Cons Mfg Co Marconi 16 Jan. ~4 Veb."~4 14 Jan. 4 Apr. 12 May 9 Apr. • 50 . 100 23 "2 ■ 60 preferred 25 Manischewltz (The B) Co "r866 A Jan. Apr. i 9 44 May 23 694 Apr. 514 Feb. 34 May 13 —5 3,550 Lynch Corp <*om 4,500 Manatl Sugar opt warr 500 Mangel Stores Corp com 90 $5 conv preferred 500 300 15 1 May 52 May 14 May 70 94 404 44 104 11 34 Sale 100 ... 94 , 44: 5 12 Sale 114 Sale Feb. 4 May 22 May 52 May 1 May 22 14 May 3 4 May 12 12 954 45 101 4 May 22 70 Long Island Light common— * 7% preferred series A 100 6 % preferred sertes B.. . . 100 Loudon Packing Co com * 51,400 Louisiana Land & Expl com.. 1 330 Louisiana P & L $6 pref * 300 . 4 1 * * 25 1 Lefcourt Realty com < 44 17 Feb. • Class B """360 34 7... 3 110 12 8 11 8 118 1164 Jan.i — 4 4 10 1,600 Knott Corp common 50 IS 1 Kirkland Lake G M Ltd 400 Kleinert (I B) Rubber.. "900 1164 120 1164 120 1164 May 26 1164 May 26 74 84 84 84 May 28 84 May 5 5 44 44 May 23 44 May 14 6 2 Apr.. 8 40 i 15 Apr. 28 Jan. 15 Apr. Jan. Jan. Mar. Mar. Jan. 10 10 14 17 Metropolitan Edison Co— 110 2,300 850 ! " 1,000 700 800 , 2,400 2,300 4,800 500 100 375 400 ; 10,000 2,200 8,400 3,000 3,100 $6 preferred 108 - Michigan Bumper Corp Mich Steel Tune Prod.—2-50 110^ 5* 54 ... 154 1084 Jan. 1124 4 May May % May 5 May 54 May 6* 4b May May May 54 May 64 May 5 Michigan Sugar common.... Preferred 10 Micromatic Hone Corp.... 1 Middle States Petroleum— Class A v t c 1 7,600 Class B v t c —..1 8,000 54 64 12 13 15 27 .•i 112 4 May 21 Apr. 28 "5 4 4 Feb. Jan. Feb. , 4 64 14 54 64 25 6 4' May 24 4b Sale 44 44 42,100 Middle West Corp common..5 Midland Oii Corp— $2 conv pref— • 2,650 1104 1134 le May 44 May T.'M 64 May 24 Apr. 4 Apr. 34 May 12 4 May 20 44 May 6 9 7 r 6 4 Apr. 23 34 May 12 H May 20 64 Jan. 13 1 I May 12 23 44 May 28 6 8 Mar. 6 Midland Steel Products— $2 non-cum div shares 2,200 1,900 Mid vale Co 4,000 Mid West Abrasive Co. , For footnotes see page 51. * -,50c 174 Sale 117^ Sale 14 154 L5 14 164 Sale Sale 164 Sale 14 164 May 23 --- -- 1134 May lb4 May 8 164 May 7116 May 22 1 14 May 8 Jan. Apr. 22 18 1084 Apr. 151174 Jan. 21 14 Jan. 10 16 1 4 Apr. 18, 4 NEW 46 YORK EXCHANGE CURB AGGREGATE SALES PRICES IN MAY NEW YORK CURB EXCHANGE Since Tn May Jan. 1 Shares Shares STOCKS (Continued) Par 13,500 Midwest Oil Co 10 700 Midwest Piping & Supply Co 300 M ining Corp or Can 6,900 Minnesota Min & Mfg Co 90 Minnesota P & L 7 % pref_.100 1,010 Miss River Power 6% pref. 100 2,000 Missouri Pub Serv common * 7,800 Mock Judson Voeh ringer. .2.50 36,800 Molybdenum Corp " 1,300 Monarch Mach Tool Co com. 11,100 Monogram Pictures com 1,000 Monroe Loan Society cl A 1 2,400 100 " I",025 10 20 Bid Ask 7% 13 *4 3,700 400 3,500 300 50 100 100 "7",400 4,400 500 70 200 1,100 300 200 Nachman Springfilled Corp..* com 1 350 National Breweries common..* 300 National Candy Co com * 33,600 Nat Bellas Hess 9,900 210 100 National City 1,900 2,200 28,300 58,600 1,200 200 1,150 1,500 13,900 500 $3 con v Lines 1 com preferred 50 National Container (Del)....l National Fuel Gas....—.. Nat Manufacture & Stores.. 87 X 83 90 X % 80 8 120 116 X 115 4*4 4*4 4*4 8 8*4 8X 6 Sale 115 4 *4 Sale 29 *4 *4s 2*4 9X 2*4 170*4 25 X B% Sale 5X 15*4 137 % Sale 15 7 , 10 50 7*4 14*4 *4 47*4 7*4 13 14 48 Ask *4 46*4 Sale 8 *4 100 Montana Dakota Utilities—10 9X 3,830 Montgomery Ward & Co A..♦ 169 1,200 Montreal Lt Ht & Pow coin-.* 975 Moody's Investors partic pref. ♦ 24 X 900 Moore (Tom) Dist stamped. .1 X Mtge Bank of Col Am Shs 454 3 *i ~55", 600 Mountain City Copper Co Be 16,900 Mountain Producers Corp—10 5X 15 1,900 ^Mountain States Pow com—* 280 Mountain Sts Tel & Tel... 100 136 2,900 Murray Ohio Mfg Co 11X * 9,100 Muskegon Piston Ring 14*4 2.50 875 Muskogee Co common. 6 * 50 66 6% preferred 100 """610 Ask Bid BidJ 77 X 9*f "8 16 *4 Sale 5*4 7 14*4 15*4 42 43 10*4 Sale UK Sale 2 y8 2K Lowest Highest Lowest Sale Prices Sale Prices Sale Prices May 31 May 1 14*4 . ""600 RANGE SINCE JAN. 1 Price Jan. 2 1941 5*4 30 *4 1*4 6*4 Sale % 2 7*4 May 21 May 26 7*4 May 7 Feb. 24 6 May 26 xl3X Feb % Jan. *4 46*4 May 29 50*4 May 5 45*4 Feb. 55*4 83 k May 93 83*4 May 12 83*4 May 12 115*4 May 13 115*4 May 13 115 Apr. 116*4 14 5*4 29*4 *4 1*4 8 10*4 158*4 158*4 160 15 15*4 14*4 15 16 20 12*4 18 %, *4 *4 Vh %> 5*4 4*4 5*4 4*4 2*4 2*4 Sale 2*4 Sale 5*4 Sale 6 5*4 5*4 13 12*4 14 15 12*4 Sale 134 130*4 132*4 130*4 11 10 11*4 11 11K 9*4 11 10*4 Sale 10*4 7 6 6X 7*4 6*4 71 71 67 72 X 67 X 13 13*4 40 X 11 Sale 10*4 2*4 Sale 3*4 12 10*4 15 5*4 12 May May May May May 28 15 27 19 23 38*4 10*4 11 10*4 Sale 2*4 3 3 6*4 May 22 30 May 31 *4 May 29 1 *4 May 19 May 29 164 May 10 15*4 May May 1 1 18 May 29 May 7 % May May 7 7 2*4 May 10 6*4 May 5 13*4 May 13 134 May 1 11 May 3 11*4 May 12 7 May 7 71 May 2 May May May May May May May May % May 14 14 6*4 13*4 39*4 8 *4 May Jan. 5*4 29*4 X 1*4 11 *4 156 Apr. May 27 Mar. 1 May 23 Mar. 8 Feb. 67 May 23 6*4 May 6 12*4 May 22 38*4 May 16 10*4 May 27 10*4 May 27 2*4 May 2 *4 May 1 May 19 6*4 May 6 13 May 7 41 May 1 11 *4 May 11 May 2*4 May 23 15 Jan. May May Feb. May Mar. Jan. 15 Jan. Jan. Jan. Jan. Mar Jan. 18*4 Jan. 26 Jan. % Jan. 24 28 30 2 8 8 27 13 6 140 Mar. 18 12*4 Mar. 13 17*4 Jan. 27 7 Apr. 2 71 May 2 Jan. Apr. 54« May May 6*4 May 12*4 May 38*4 May 10*4 May 10*4 May 2*4 Feb. 9 6 Mar. 11 3*4 Jan. 6 6*4 Apr. 29 15*4 Jan. 23 May 14 8*4 36*4 *4 2*4 11*4 19 174 14*4 Apr. 21 15 May 29 *£ May 7 2*4 5*4 12*4 130*4 10*4 9*4 5*4 Apr. Jan. Mr", it 7*4 Jan. 10 11*^ 16 14 3k 8 8K 161X 163 15 X Sale 9*4 nx K Sale 16 X 15 X 6X 7 Highest Sale Prices 8 Jan, 4 14*4 Feb. 5 23 14 23 6 22 16 27 27 3 10*4 X 17*4 6 *4 14*4 44*4 12*4 12*1 Apr. 18 Jan. Jan. 4 21 8 Jan. 15 Mar. 25 Jan. 9 Jan. 24 Apr. 2*4 May 23 National Power & light— 29,325 3,375 300 2,000 "2",300 25 6,100 5,900 1,500 200 -110 • $6 preferred * 300 National Refining com ..* * 15,500 Nat Rubber Mach com 1,025 National Steel Car Ltd...—.* 16,500 National Sugar Refg —* 625 National Tea Co BX % pref. 10 12.50 21,100 National Transit.. * 27,800 National Tunnel & Mines 8,200 National Union Radio..... 30c 3,500 Navarro Oil Co -360 -Nebraska Power7%pref Nehi "200 200 500 "225 ""'600 106 Corp 1st preferred " 5 Nelson (Herman) Corp 1,800 Neptune Meter class A......* • 1,100 Nestle Le Mur Co class A 700 Nevada Calif Elec com .....10 3% cum-4% non-cum—100 1,750 6% preferred $2 preferred 1,870 New Engl Tel& Tel Co 4 100 9,025 100 600 5,350 200 3,000 6,400 25,350 9,900 80 740 900 11,900 100 New Haven Clock Co com New Idea Inc common • * New Jersey Zinc New Mexico & Aria Land 25 1 200 170 22,500 1,325 70 """166 800 250 600 100 1,300 400 45,800 3,250 700 300 390 100 Founders shares. — 1 5K preferred ....100 1,650 5 3,800 New York Transit.. 100 3,750 N Y Water Serv 6% pref 10 136,300 Niagara Hud Pow com 5% 1st pref...... 100 7,025 5% 2d pref 100 460 Class A warrants. 13,900 Class B warrants 1,500 10,400 Niagara Share Corp class B..5 Class A preferred .-.100 380 4,200 1,700 6,600 3,700 70,100 10,075 100 402 3,500 18,100 3,000 6,500 250 2,700 850 175 450 60 25 500 1,100 350 75 ""166 660 60 23,500 3,125 3,375 4,700 7% preferred. 63,000 100 250 600 550 1,600 1 1 * * —* 50 6 Nor States Power A 25 Northwest Engineering * * Novadel-Agene Corp Ogden Corp common .4 * Ohio Brass class B. Ohio Edison $6 preferred Ohio Oil 6% pref 15 com 1 ..1 * common Pacific G & E 6% 1st pref—25 36,400 5*4 % 1st preferred. —25 6,100 Pacific Lighting $5 pref * 2,740 100 260 Pacific P & L 7% pref - * * American shares 1 Parker Pen Co 10 1,000 4,900 Parkersburg Rig & Reel Co-.l Patcbogue Plymouth Mills...* 130 Peninsula Telep Co com » 1,400 $1.40 preferred A 25 300 300 Penn Mex Fuel common...60c Penn Traffic Co Pennroad Corp com 147,000 Pa Cent Airlines com 30,800 For footnotes see page 51. May 15 35*4 May 13 4*4 May 22 39 May 1 26*4 28*4 106 K 107 6*4 35 X 3*4 78*4 6*4 Sale Sale 79*4 *•4 Sale X 3 X 88 X 00 K k 3 k 83^ 22 X 22*4 51 3X 23*4 25*4 *4 3*4 *4 3*4 89 92 Sale 9 52 Sale 4* Sale it" X Sale 3 X 3 X 110 118 Sale 119*4 8*4 8*4 8*4 Sale 21*4 Sale 28 30 3*4 3*4 20*4 Sale 109*4 109*4 6*1 2I8 5*4 2 2.50 1 1 Ik 2*4 10 9 *4 3*4 *4 3*4 *4 80*4 17*4 17*4 Sale Sale 17*4 50*4 *4 3*4 6 16 7 X May 9 May 22 100*4 May 19 107*4 May 24 *4 May *4 Sale 88 92 43*4 47 8 9 % 3 % 3*4 *4 3*4 91 *4 48*4 8*4 *4 3 Sale 18*4 18*4 51*4 x3j Sale 81 77*4 18*4 17*4 50*4 19*4 19*4 53 8 *4 *4 4 3*4 4*4 3*4 102 102 102*4 100*4 103 112 112*4 114 115*4 113 9 7*4 8*4 9*4 7*4 Sale 6 7 6*4 6*4 18 19 19 19*4 19*4 20*4 Sale 21*4 24 20*4 Sale 2*4 19 19*4 107*4 112*4 113 115*4 116*4 108 108*4 107 6 Sale 18 50 47*4 109*4 111*4 6 7*4 1*4 2*4 10 14 33 k 34 32*4 29*4 26*4 May 29 83 18*4 5 May May May May May May May May 2*4 18*4 2*4 May 18 May 107 May 112*4 May 116*4 May 108 May 6*4 May 18 May 48 48*4 May 49*4 112*4 114*4 113 May 2*4 19*4 107 107*4 112 113*4 115 115*4 104 106*4 6*4 7*4 18*4 Sale 6 2 2*4 19*4 107*4 113*4 14 6 5 27 8 2 8 15 15 26 May May May May 117 May 108 May 6*4 May 19 May 49 May 113*4 May 7 1*4 22 21 5 8 22 2 8 1 27 16 16 2 19 1 21 6 7 3 13 21 21 20 31 13 8 14 12 29 1 29 3 3*4 Sale 3 32 1*4 May 19 1*4 May 19 33*4 31*4 2*4 2*4 Sale 13*4 Sale 1 Sale 3*4 12 33 40 33 Sale 2*4 2*4 9*4 4 6 32 1*4 A* Sale Sale Jan. 6*4 56*4 18*4 May 16 L29*4 5*4 3 h Apr. 29 Mar. 13 Apr. 7 2 19 16 26 Feb. 25 Jan. 23 Jan. Feb. Mar. 21 5 10 Mar. 11 10 Feb. 15 Apr. 9 Jan. 31 Mar. 10 19*4 Jan. 7*4 Jan. May 22 105*4 Jan. Apr. 10 116*4 Jan. 107 22*4 Apr. 22 11 Jan. Mar. 10 99 7 Apr. 13*4 Feb. 19 61*4 May 26 Jan. 15 8*4 Apr. 7 k May 6 5*4 Mar. 4 41*4 Jan. 10 3*4 Apr. 23 35*4 May 13 24 6 4 20 29*4 Mar. 17 17 Apr. Jan. May Apr. 61 May 56*4 May 107*4 Jan. *«« Jan. 2 *A» Feb. 3 21 10454 654 27*4 2*4 3*4 3 K 11 *4 5*4 Sale 4 13*4 6*4 31 6 30*4 30*4 32*4 31*4 Vs 3*4 3*4 May 3*4 May May 5 *4 May 11 *4 1 7 8 5 3 *4 May 3 *4 May 12 6 May May 6 7 9 7 2*^ Apr. 60*4 Jan. 10*4 Jan. *4 Jan. 4 Apr. 17*4 May 50*4 Feb. 50173jMay *4 Jan. 3*4 Jan. 102 Apr. 110 Apr. 7*4 Apr. 6*4 May 19 May 20*4 May 48 Jan. May 13 Jan. 15 5 X Jan. May 2 8 2 110 Jan. 119 Jan. 4 9*4 Jan. 14 9*4 Mar. 20 23*4 Jan. 10 30 Jan. 9 4 3*8 Jan. 3 23*4 Apr. 110*4 Jan. 21 113 *4 May 27 118*4 Jan. 11 May 107 Apr. 109*4 Jan. a 113 *4 Mar. 6 _ 1 Jan 50l73sMay 31 2*4 Apr. 18 13 11 Jan. X 8554 23*4 23*4 52*4 Feb. 18 108 Feo. 92 »3j May 18 11 10 4 Jan. 70 Jan. 3*4 Jan. 79*4 Jan. 65*4 Jan. 48*4 May 8*4 May 54 Feb. 3 May 110 "4 May Jan. 21 8 6*4 May 2l*t Jan. 21 Jan. Apr. May 54 Jan. 116*4 Jan. 107*4 Apr. 5*4 Jan. I X May Sale 9*4 31*4 May 27 33 May 1 25 13 OX Mar. 17 2*4 Jan. 2*4 May 9*4 May 9 1 27 31 10 Jan. 29 29 10 34*4 31 h X 87*4 Jan. 13 108 Feb. 29 Mar. 26 Mar. 20 4 16 18 67 10 2*4 Feb. 20 Jan. 30 Apr. 14 554 Mar. 3 3 11 Mar. 1 31*4 May Apr. *4 Apr. 2*4 Apr. 2*4 Jan. 8*4 May 27 17 26 5 11 19 31 2*4 May 1 8*4 May 19 May May May May 14*4 Apr. 67*4 Jan. 30 38 2*4 9*4 89 Mar. 24 8 42 *4 Apr. 3*4 Jan. 4 May 75 11*4 5*4 30S 29 30*4 28*4 101*4 78*4 May May May May __ 3*4 Jan. Jan. Jan. Apr. 3 Apr. 4 Mar. 21 13 , 3 6*4 35*4 34*4 32*4 10 30*4 30*4 May 27 32*4 31*4 30 28*4 Sale 28*4 May 31 102*4 103*4 101*4 Sale 101*4 May 13 103 81 83 78*4 78*4 May 29 81*4 79*4 3*4 4 3*4 4 15*4 16 14*4 16 i4*£ May l6 15*4 60 11*4 6*4 21 27 2 6 13 22 *4 May 3*4 May 92 May 52 May 8*4 May *4 May 3*4 May 54s May 85*4 May 19 May 19 May 51 May 50I7asMay *4 May 5 May 104*4 May 114*4 May 9*4 May 7 May 19*4 May 22 May May May May May May May May May May May May May 33 30*4 it" May 24 May 27 May 12 May 3 105*4 May 8 May 29 May 2*4 May 69*4 May 61 May 50l732May *4 *4 3*4 14 82 4 36*4 Jan, 5 Mar. 20 Mar. 28 1iis Jan. Sale 10*4 31*4 Sale 107 107H 3*4 May 14 5*4 Feb. 3 *4 Jan. 29 6 6 26 Mar. 7*4 Apr. 6*4 Feb. 10*4 Jan. 2*4 May *4 Jan. llA 9*4 Feb. 109.*4_May_28 116*4 »64 94 86 25 2*4 May 4*4 Jan. 20*| 9 29*4 Apr. 3*4 Jan. 31 3*4 104*4 105*4 104*4 105*4 104*4 May 7 7 *4 May 7*4 8*4 7*4 29 28*4 27*4 28 27*4 May 2*4 Sale 2*4 May 2*4 Sale Sale 66 65 61 May 66*4 58 62 55 59 56*4 May *128 May 2 May 22 May 7 May 13 May 22 99*4 Mar. 20 2*4 May 9 454 Apr. 8 25*4 Jan. 11 Feb. 87 14 29 16 15*4 15*4 7*4 7 7*4 96 99 101*4 99*4 107 107*4 108*4 105*4 109 * com $1.30 1st preferred..— 25 Page-Hersey Tubes common. Pantepec Oil of Venezuela— 1,100 211,200 Paramount Motors Corp 1,100 3 2*4 15*4 7*4 7 21*4 50 51X Sale * 116 116*4 ....... Overseas Securities Co 6 50173jSale * pref—loo 100 Pacific PuDlic Service 4 100 .5 10 9,700 Oklahoma Nat Gas S3 preferred 3,400 $5.50 conv pref. 1,625 Omar Inc 350 300 28,700 6,500 * 3*4 2*4 15*4 * 100 109 k Sale 370 Ohio Pub Serv 7 % 1st pref. 100 115*4 Sale 6% 1st pref 100 110 X 113 235 5 1,100 Oilstocks Ltd common... 100 ""300 ... Northern Pipe Line Pacific Can Co 4,800 1,100 . Nor Amer Lt & Pow com 920 Nor Ind Pub Ser 6% 37 26*4 30 3 B...1 Mines Noma Elec Corp com 2,400 300 1,000 com. Mi pissing 700 Nor Amer Util Sec com North Cent Texas Oil.. 200 2,100 Nlles-Bement-Pond Nineteen Hundred Corp $6 preferred 4,000 North Amer Rayon cl A Class B common 1,900 6% prior preterred 1,190 6% prior pref called— 100 300 1,100 26 yr0Shipbuilding Co— .--100 preferred N Y State Elec & Gas Corp— 280 4*4 37*4 12 14 15*4 116 117*4 109*4 110*4 110*4 May 16 117 4 4 4*4 4*4 4*4 4*4 May 22 15 15 15 15*4 May 26 15*4 15*4 62 61 *4 May 26 63 65*4 63*4 62*4 1 1 1*4 May 27 1*4 1*4 10 5,650 N Y & Bond Rosario M 4,100 N Y Merchandise Co com.. 10 N Y Power & Light 36 pref .* 450 90 Sale 4 12 200 New Process Co common....* * 100 N Y Auction Co common 100 N Y City Omnibus warrants.. 1,450 2,400 4*4 39 175! ""170 96*4 IX 4*4 22*4 7*4 o 350 New England Pow Assncom.* 75 1,100 * 98*4 May 15 1 Sale 97*4 98*4 96*4 May 2 2*4 May 2*4 2*4 May 3 9 2*4 4 *4 May 4*4 May 8 4X Sale 3 4*4 4*4 ni>* 23 25 23*4 24*4 26 7 *4 May 8*4 May 12 8*4 3 8*4 Sale 7*4 7*4 7 7 7 7 May 10 May 10 7*4 8*4 6K 7*4 12 10 10*4 May 11*4 2 12*4 May 23 10*4 10*4 10*4 2*4 May 22 2*4 May 9 2*4 Sale 2*4 Sale 2*4 2*4 X May 26 *4 May 8 *4 *4 % *4 11 11 Sale 11*4 10*4 May 26 May 6 10*4 10*4 11*4 45——Sale— 110*4-141*4 109— 1-1-0*4 £1-09'-J4-.May.-28 1X0*4 May .6 85*4 85*4 4 3*4 May 14 May 8 4*4 3*4 3*4 4*4 8 7*4 May 24 May 29 7*4 9*4 7*4 7*4 *4 May 6 *4 May 17 *4 k 4 "3*4 '"5*4 5*4 41 39*4 May 13 40*4 May 6 38*4 39*4 39*4 92*4 Sale IX 2*4 Mar. 20 Jan. Jan. 15 10 3*4 Mar. 10 3*4 Apr. 29 Jan. 27 6*4 Mar. 19 Mar. 18 35*4 Jan. 30 32*4 Mar. 29 X Mar. 8 2*4 Apr. 5 2*4 Mar. 19 14*4 Jan. 11 13 33 AGGREGATE SALES i Jan. 2 Jan. 1 Shares STOCKS (Continued) Par 175 Pa Edison Co $2.80 prei—...* 375 $5 preferred * _ 400 100 450 1,600 500 20 25 400 9,300 850 800 7,400 6,200 575 Perfect Circle — 900 500 . . 250 Pitts Bessemer & L F RR. -50 Pitts & Lake Erie RR --50 9,170 6,100 22,880 13,900 3,400 Co 10 Pittsburgh Plate Glass com—25 Pleasant Valley Wine Co ... 1 Plough Inc common 7.50 125 Pneumatic Scale Corp Ltd -10 25** 2,700 Polaris Mining Co 86,000 Potrero Sugar com 5 5 12,400 Powdrell & Alexander com 200 Power Corp of Can com * 6% 1st preferred— -----100 " Pitts Metallurgical - 400 1.800 3,600 . . " ¥.000 800 4,900 " 300 3,900 700 100 6,000 Pratt & Ijambert 13,500 Premier Gold Mining....... Prentice-Hall Inc com 4 ,400 18,900 3,000 1,330 82,900 y 9154 Sale 45$ Sale 55$ 55$ 117 118 90 31H Sale 35$ 354 7 Sale 4355$ 38 417 ys Sale 13$ Sale 654 Sale 44 93 3H h 4* 3 58 % 21 8% 4% 85$ 8% _ Investor* com 4553 Sale 13% Sale 6554 1 Nev Go B common Providence Gas Co. Prudential Sale Sale 354 814 125$ 54 54 45$ A* 66 Sale % * —1 Pressed M atalsof \mer Producers Corp of Prosperlt 41 65 25 com 9,000 Pharis Tire & Rubber Co -----1 3,000 Philadelphia Co com * 380 Phila Elec $5 div preferred...* 50 Phlla El Pow 8% pref 25 5,800 Phillips Packing Co 111,200 Phoenix Securitiat common—1 $3 conv preferred A 7,500 —-10 * 7,400 Pierce Governor Co com.. 1 28,200 Pioneer Gold Mines Ltd 19,700 Pitney Bowes Postage Meter.* 25 1,560 1,950 5,400 100 1,550 Pepperell Mfg Co 150 - Bid Sale 4^4 Sale Sale Ask 41 66 % Sale Sale 163 17 Sale Bid Lowest May May May Sale 8454 8654 79 23 24 24 23 225$ 2 5$ 25$ 254 25$ 25$ 554 55$ Sale 65$ 554 115 116 11554 1165$ 115 32 32 305$ 3154 305$ 3 3 25$ 25$ 25$ 4% 55$ 454 554 Sale 33 345$ 335$ Sale 32* 11 12 1254 Sale 15$ 15$ 15$ 15$ Sale 6 55$ 554 65$ Sale May May May May May May May May May May May May Sale 6454 % 1105$ 112 162 14 5054 82 ■ 4554 675$ 44 46 Sale 64 54 65 15 Sale 1554 Sale 7354 Sale 35$ 35$ 85$ 95$ 8 1054 54 1 15$ 4 35$ 154 35$ 47 95$ 7854 3 5$ 95$ 9 11 77 3 % Sale 15$ 15$ 4 35$ 2 254 58 195$ 54 185$ 5$ 38 36 May 2 May 23 May 7 May 5 May 1 May 20 May 16 May 20 May 27 5 85 29 2354 May 19 3 May 22 5 6 May 21 16 7 28 1155$ May 12 3154 May 12 19 25$ May 10 17 2 55$ May 27 345$ May 29 1 15 1254 May May 1 5 May 2 23 4 29 28 29 14 6 54. May 1 1 May 12 35$ May 6 4554 May 4 695$ May 6 1554 May 26 79 May 2 35$ May 9 May 8 6 5$ May 16 154 May 7 54 May 14 4 Sale Prices 38 Feb. 20 Sale Prices Mar. 31 40 645$ Mar. 13 665$ 5$ 7 5$ Apr. 1065$ May 26 113 1085$ May 20 115 162 May 2 182 7 13 54 Jan. 495i Apr. 22 79 23 25$ 55$ 113 5$ 3154 25$ AH 14 May 23 Jan. 20 Apr. 8 Jan. Jan. Jan. 27 9 Jan. 45$ Feb. 654 Mar. 29 1185$ May 315$ Feb. 35$ Feb. 75$ 11 Jan. 28 18 Jan. Jan. Jan. 2 25 Jan. 3 Mar. 31 39 185$ Jan. 15$ Jan. 65$ Jan. 45 Jan. 14 63 Feb. 15 125$ Mar. 10 7354 May 29 Apr. 14 ,« Jan. 8 Mar. 21 7 5$ Feb. 3 5$ Feb. 35$ Mar. 4 11 May 14 Jan. 16 25 Jan. Feb. 15$ Feb. 554 May 2 Mar. 25 Feb. 12 13 57 5$ Mar. 12 92 May Apr. May 25$ Feb. 1854 % 36 65$ 4554 May 64 May 145$ May 7354 May 3 May 9 May Prices 6 8 3 4554 Mar. 1 70 Jan. 10 3 165$ Apr. 7 9654 Jan. 4 Jan. 6 13 16 1054 Jan. 12"' Jan. 2 5$ * % Apr. 154 Mar. 454 Jan. 35$ Mar. 21 10 12 23 54 Jan. 54 Jan. 13 20 ™ —. 8 70 195$ % 2 385$ 8 665$ 7; 5$ May 26 112 May 20 112 May 2 169 May 16, 14 May 1 535$ Highest Lowest Highest Sale Prices Ask 385$ 40 385$ 665$ 675$ 655$ 5$ 5$ 5$ 1055$ 108 1065$ 110 111 1085$ 163 1655$ 162 13 14 1654 515$ 53 5054 385$ 36 54 'A * 1105$ Sale * 1125$ 113 182 50 179 13 A 16 20 5334 Sale * 1,050 Pa Pow & Lt $6 prei. 3,570 $7 preferred 1,550 Pennsylvania Salt Mfg.250 Pennsylvania Sugar Co 7,450 Pa Water & Power 1,200 Ask * 700 Pa Gas A Elec class A 100 250 1,145 Bid May 31 May 1 1941 Shares 25 125 1 Price YORK CURB EXCHANGE Since May RANGE SINCE JAN. PRICES IN MAY NEW Jn 47 CURB EXCHANGE NEW YORK JUNE, 1941] 38 5$ 45$ 754 254 75$ Sale Sale 85$ 65$ 54. 45$ 75$ 18 7 5$ Vk 454 75$ x% 75$ 5A 85$ 54. 3 May 14 5$ May 22 May 2 May 29 May 22 May 9 May 15 18 195$ May % May 754 % 45$ 75$ 5$ May 2 May 16 May 1 May 9 May 28 754 Apr. 18 % May 29 Feb. 4 19 75$ May 9 x54 May 15 85$ Jan. *4« Feb. 55$ Apr. 10 8 10 854 Mar. 6 95$ Jan. ,10 Public Service of Colorado— 160 100 110 40 3,250 2,850 8.175 2,375 1.000 ...100 1055$ .100 112% Pub Serv of Ind $7 prior pfd—* 9554 45 $6preferred .--* 575$ PugetSound P & L $6 preL. .* $5 prior preferred ——* 101 6% 1st preferred 7% 1st preferred. . 20,325 21,375 76,22.5 14,250 7,100 Puger Sound Pulp A Timb.. * 50 Pyie-National Co com -5 2,800 Pyrene Mfg 10 ... ... 400 370 2,485 Quaker Oats com 6% preferred 2,540 500 Quebec Power Co 569 175 3,700 200 1,200 — _ 300 300 3,000 13,200 200 100 2,300 1,400 50 10 200 500 700 5,400 3,300 " 100 '" 400 1,100 200 500 St Lawrence Corp Ltd * A $2 conv preferred---—-60 400 87,300 St Regis Paper Co 7 % preferred 4,825 43,800 Salt Dome Oil Co 2,600 Samson United Corp com 7,500 950 8,900 800 300 4,300 1,050 1,600 260 330 1,000 2,300 300 200 5,300 1,300 50 1,700 300 600 250 900 100 300 1,600 600 3,350 170 1 1 5 i',500 Savoy Oil Co * 1,700 Schiff Co com 24,800 Schulte (D A) Inc common.-.1 Conv preferred 25 7,600 26 9,300 ScovillMfg Co 20 Scranton Elec $6 pref * Sale Sale Sale~ 1654 115$ Sale % Sale 75$ 7% 1065$ May 1 107 May 21 Sale 10754 108 114 11454 1155$ 114 May 20 11454 May 6 2 1255$ May 15 1205$ 1215 12254 12354 1205$ May Sale 54 55 54 Sale May 1 595$ May 14 48 485$ 4754 Sale 375$May 20 485$_May_ 2 94 98 9754 "W Sale May 20 995$" May 6 16 16 5$ Sale 1554 17 May 21 May 9 1654 10 8 10 85$ 7 5$ May 75$ 854 6 754 75$ 85$ May 22 1065$ — " 795$ 78 754 % Sale 55$ 6 k 135$ common ._* Segal Lock A Hard ward com.. 1 Seiberling Rubber com * Selby Shoe Co com— ._* Selected industries 48 15$ 5$ Sale 54 18 19 35$ 54s "B O T2 115$ 55$ 15$ Convertible stock.. $5.50 prior stock 75 Silex Co (The) common Slmmona-Boardman Corp conv pref * 51. Sale 115$ 55$ 154 125$ 55$ 15$ 35$ May 16 12 May 8 554 May 9 154 May 15 54. 54 104 114 Ill 95$ 25$ 16 954 9 53 25$ 3 254 154 954 154 82 16 25$ 25$ 15$ 154 854 Sale 5$ 54. 11 1654 52 Sale Sale 5$ 354 3 54 25$ 54 154 13 254 Sale 5$ 54« 23 28 5$ 5$ 1354 % Sale 954 Sale 13 25 56 Sale 37 86 95$ 54 5$ Sale 54. Sale 25$ 25$ Jan. 7 1854 May 13 454 May 31 54. May 21 1 354 May May 554 May 15$ May 12 3 8 9 2 I 53 May 6 May 53 35$ May 15$ 1 15$ May 6 2'i 9* May 22 6 5 25$ May May 16 7 3* 45$ 35$ 95$ 65 154 8954 21 Jan. 45$ % 165$ 554 145$ 5 54 154 Feb. May Jan. Jan. Jan. May Jan. 6 546 Jan. 29 Feb. 8 20 Feb. May 29 114 Feb. 21 1! Apr. 18 Mar. 19 1 Jan. 23 454 Jan. 5$ Jan. 14 8] 7 Mar. Feb. 3 Apr. 25$ Feb. 5$ Mar. 8 19 12 11 19 52 3 May 22 1 10 14 14 21 14 2 14 9 7 May 29 23 16 Jan. 16 May 2 May 31 Jan. 7 13 5$ Jan. 10 54 Jan. 25$ 254 8h 5$ Jan. 17 35$ Feb. 3 14 5 57 4 54 Jan. 25$ Apr. Jan. 2 154 Feb. 8 25$ Jan. 7 1 15$ May 28 845$ May 3 25$ May 20 5$ May 2 2 May 6 May 10 25$ May 7 5$ May 3 15$ May 28 Feb. 19 25$ May 20 54 Mar. 7 26 5$ 'ft 9 26 254 54 1 145$ 54. 95$ 265$ 89 5$ May 12 1354 May 7 54 May 14 9 May 7 25 May 1 5$ May 8 95$ May 22 28 May 15 May 16 19 175$ May 16 20 May 83 78 8554 95$ 54 % 3754 485$ 485$ May 10 May 13 May 6 May 6 May 8 May 1 May 22 May 2 May May May May May 1 54 May 31 35$ 5 May 3 4 May 6 May 13 954 May 1 6854 May 22 114 May 1 May 31 May 8 May 12 May 5 May 15 May 7 95$ 54. 54 9 39 37 5$ 54. Sale 854 5$ 2 9 54. 5$ 37 5$ 25$ 8 54 2 54 5 45$ 35$ 854 685$ 46 46 3 5$ 465$ 45 Sale Sale 5 35$ 854 Sale 54 35$ 45$ 354 85$ 65 110 Sale 11254 11354 110 5 45$ 854 8 * 9 14 9 22 24 22 254 8 %s 2 8 5$ Jan. 2 Feb. 20 12 54 May 14 Mar. 27 89 3 54 Jan. 5$ May 2 3 h May 29 145$ Jan. 23 % Jan. 2 1354 Jan. 2 295$ Jan. 6 114 Mar. 24 1155$ Feb. 24 Jan. 13 175$ May 16 22 9 Mar. 3 24 Apr. 78 May 29 115 Apr. 30 14 9 I a &. 36 Jan. 24 30 6 20 5$ Apr. 10 254 Apr. 23 8 Mar. 18 54 Jan. 21 15$ Apr. 22 41 Feb. 15 42 Jan. 28 54 54 15$ 45$ Feb. 11 Jan. 20 Jan. 30 3 Feb. Apr. 30 19 Jan 23 Jan. 28 Jan. 11 54 Mar. 20 5| May S7k Jan. 8 3 Jan. 9 Jan. 5$ Jan. 25 10 25$ Jan. ll 50 50 6 Mar. 27 Mar. 27 54 Feb. 11 5$ Feb. 28 35$ May 31 7 A" Jan. 8 .Jan. 2 20 6 80 5$ Jan. 2 1155$ Jan. 31 109 Jan. Feb. 14 65$ Feb. 14 Jan. 2 11 Mar. 19 85$ May 13 65 Apr. 30 Jan. l8" 14 * May 29 May 22 May 26 May 24 May May May May May May May 27 May 28 70 54 May 29 14 18 4 Sale 154 Jan. 13 15$ 885$ 25$ 5$ Sale 35$ Mar. 21 2 Feb. 27 103 54 May 15 107 104 Feb. 20 104 12 May 31 Mar. 12 Feb. 15 Mar. 5 Jan. 23 Jan. 114 May 16 254 May 21 5$ May 16 43 2 Jan. 1554 35$ 115$ 45$ 154 May 29 3 4954 iU 54. 1754 Feb. 15 35$ May May 10 May 21 May 8 May 2 354 25$ 485$ 54. % Feb. 13 13 May 29 114 May 10 135$ 95$ May 6 954 2 May 2 254 154 May 1 254 754 May 1 854 14 % Jan. May 35$ 48 9 18 Jan. 44 3 25$ 75$ 54 15$ 435$ 8 10 Apr. 30 2 13 1 9 76 "26" Jan. 50 2 15 6 114 114 17 19 May 15$ May 254 21 15$ 8454 9 15 114 125$ 5654 ft a*' 54® Jan. 75$ Jan. 54. Jan. 5$ Feb. Feb. 5 1454 May 49 54. May 1 10354 May 15 1045$ May 15 104 103 13, 9 7 54 May 12 3 5$ 103 1154 9 A 15$ 546 May 1 May 23 7 954 Jan. 24 Pub 1,200 Simmons H'ware & Paint Co..* .1 2,400 Simplicity Pattern Co For footnotes see page 1254 55$ 15$ Sale 175$ 185$ 454 Sale % 135$ 155$ 48 6 25 Selfridge Prov Stores, Ltd— American dep rets reg 500 .£1 6,900 Sentry Safety Control 1 600 Serrick Corp class B com.....1 * 2,300 Seton Leather com 6 12,900 Shattuck Denn Mining 1,700 Shawinigan Water A Power. .* 19,250 Sherwin-Williams Co com—25 5% cum pref A A A..—100 1,410 100 45$ 145$ Sale 46 15$ &Ab Sale 104 54 105 10454 105 —1 Allotment certificates 1354 May 1 May 27 15$ May 1 5$ May 1 18 May 26 35$ May 7 54. May 5 14 46 Sale 6 4 654 May 28 % Sale 845$ 85$ 54. 5$ 800 Seem an Bros s3» May 1 554 May 28 6 Jan. 185$ Apr. 5 6 85$ Feb. 85$ May 22 5$b Jan. Sale Sale 15$ 112 Mar. 17 May 22105 Jan. Mar. 17 1595$ Jan. 75 13 54 1954 50,600 8,400 1,000 22,700 5,050 6,450 1,400 ssi May 15 May 14 Jan.. 6 May Feb. Feb. Jan. 147 55$ 54. Apr. 16 1141$ 1255$ 595$ .67.5$ i«n. 94 1454 85$ 654 75 May 2 May 22 78 May 14 May 29 151 654 May 28 754 May 8 107 37 54. May 149 654 49 * common % 4^ 80 6 9 1055$ Jan. 11354 Mar. 9554 Jan. 151 755$ 149 149 A 150 Seranton-Spring Brook Water Service $6 preferrek 8,035 * 3,400 Scuilin Steel Co common—..* Warrants 31,700 1,700 Securities Corp Gen'l com 1 640 Scranton Lace Co 50 Sherwin-Williams of Can 200 5 100 * Sanford Mills " ""600 Sale 16 A Sale Sale $3 conv pref * 44 % Sale 13,800 Raytheon Mfg com.. ..50c 1 Sale ♦ 11,900 Red Bank OU Co 21 2154 * 3,600 Reed Roller Bit Co 1,300 Reeves (Daniel) com— 4,900 Reiter Foster Oil Corp -50c 16 17 5 1,000 Reliance El & KngCo— 5 A Sale 1 74,100 Republic Aviation Corp 135$ 14 -—1 1,500 Rheem Mfg Co 5 55$ * 1,100 Rice Stix Dry Goods Co 1 15$ Sale 6,800 Richmond Radiator com Rio Grande Valley Ga« Co— A Sale Voting trust ...1 12,700 375 Rochester G A E 6% pfD._100 1055$ 1065$ 25 6% preferred C 100 1055$ 1065$ Rochester Telephone Corp— 10 65$% 1st pref 100 ♦ 700 Roeser A Pendleton Inc 3,800 Rome Cable Corp common—6 5 2,000 Roosevelt Field Inc... 1 17,300 Root Petroleum Co com 5,200 $1.20 conv preferred 20 1,400 Rossia Internat Corp. * Royalite Oil Co Ltd —* 1*550 Royal Typewriter com * 2.50 800 Russeks Fifth Ave Inc 5,200 Ryan Aeronautical Co.....-.1 3,300 Ryan Consoi Petroleum 25$ Sale * 1 Sale 5,300 Ryerson A Haynes Inc com—1 550 1,800 3,700 115 Sale * 101 100 1585$ 164 8X 9% * — Radio-Keith-Orpheum— Option warrants 36,400 1,975 Ry & Light Secur new com. 10 100 Ry8 A Utll Invest cl A com—1 Raymond Concrete PileCommon——---* 7,950 60 165$ 8% 654 108 35$ 1 154 154 154 May 16 154 May 16 225$ Apr. 2 54 Jan. 15$ Apr. 29 235$ Jan. 13 3 Apr. 29 15$ Jan. 7 48 NEW YORK EXCHANGE CURB AOOREOATE PRICES IN MAY SALES NEW YORK CURB EXCHANGE Since In May Jan. 1 Share* Shares 1941 STOCKS (Continued) Par * 100 1,800 2,000 320 Simpson s Ltd B stock SingerMfg Co Singer Mfg Ltd— Am dep rets ord reg shs—£1 800 20 Sioux City 6 & E 7% pref-100 Skinner Organ Co common 5 75 Smith (Howard) Paper Mills. * 1 14,200 Solar Aircraft Co common 4,200 Solar Mfg Co 1 19,200 Sonotone Corp 1 2,400 Sows Mfg Co 1 1 5,400 South Coast Corn com 10,100 Sou Calif Edison 6% pref B..25 5* % pref class O 9,500 25 5% original pref 25 1,140 100 500 Southern Colo Power cl A—25 ""780 100 RANGE SINCE "3", 630 Bid 2 1 _ 107* Sale Ask Ask Bid 1 Bid 104* Sale Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices May 31 May 1 Ask Lowest 102* 103* 103 2 May 27 105* May 15 May 2 sk - 400 300 100 600 400 2 1* 2* At 6 May 100 . Preferred A 12,300 Southland Royalty Co. 15,000 South Penn Oil 6,595 Standard Oil (Obiot pref 33,300 Standard Power & Lt com. 2,000 200 200 800 700 150 700 500 3,050 6,200 5,100 8,700 2,300 12,300 6.5. 200 500 1,000 50 1,500 1,900 600 6,150 75 500 650 3,700 100 12,500 200 300 1,200 2,300 5,800 30 1,900 1,000 800 """50 1,100 100 ... 100 1,900 1,100 1,000 1* 2* 1* 29* 28* 40* 30 H 29 * 47 * 29* 46 60* 47* 60* 70 v — 1 lash B common. $7 preferred. - Standard Products Co. Standard Silver Lead.--- ...1 1 .. Standard Steel 9pring Co. .—5 Standard Tube claws B ...1 Starrett (The) Corp v t c_. ...l; Steej Qo of_Qa.nMa.ord . .— 1 • 5 * • 1 1 50 25 ♦ 15 16,200 Taggart Corp com 1 .....* 11,700 Tampa Electric Co. • 38,600 Technicolor Inc common 410 Texas P & L 7% pref 100 2 7,000 Texon Oil & Land Co 5 3,150 Thew Shovel Co common 1 5,000 Tilo Roofing Inc 200 Tishman Realty & Constr » 545 Tobacco & Allied Stocks.....* - * *8 S 3* Sale 13* 1* 12* 8* 19* 2 12* 10* 8ale 107* 108 At Sale a» 19 Sale , 8 9 28* 30* Sate* 43 12* 3 50 20 1 1 1* 13 12 7,600 SterchI Bros Stores Inc. 100 6% 1st preferred 300 5% 2d preferred 12,200 Sterling Aluminum Prod 2,300 Sterling Brewers Inc. 21,750 Sterling Inc 1,775 Stetson (John B) Co com 1,000 Stinnes (Hugo) Corp.. 2,250 Stroock (S) & Co Inc.. 20,700 Sullivan MachL eryCo 1,300 Sun Ray Drug Co com. 36,300 Sunray Oil 800 5*% conv preferred 1,800 Superior Oil Co of Calif 75 Superior Portl Cement B 2,500 Swan-Finch Oil Corp 4,000 Tobacco Prod Exports 1* ♦il.3 >9* Stein (A) &, Co com. Am dep rets or dreg shs.-.£1 Am dep rets def reg 5s ( ... ... 3* 38 *43 8* 6* 8 Sale * % 1* 1* 3* 3* * * 13* 14* 11* Sale "i* ""i* 39* 42* 28 Sale 10 12 5* 1* 13* 18 Sale Sale 24* Sale 113* 114* 2* 3 9* 53 4* 55 Sale Sale 19 2* 9* 96* Sale" * 40 520 Toledo Edison 6% pref 120 7% preferred A 100 108* Sale lOO 113 2,400 7,500 2,300 13,700 Trans-Lux Pict Screen com. _1 16,766 Transwestern Oil Co 10 12,400 Tri-Continental Corp warr 100 Trunz Pork Stores Inc ... * 1,200 11,700 115 50 500 700 900 13,000 Udylite Corp 1 100 tUlen & Co series A pref * Series B pref * 20,900 Unexcelled Mfg Co Inc..—.10 1,900 Union Gas of Canada * 2 * May 9 1 * May 1 29* May 17 28* May 7 40* May 26 * May 12 2* Mar. 10* 3* Sale 39* 45 7* 10* 6* 6* * 1 1* 1* 2* 2* 4* 12 1 1* ■2V 13* 37* 26* Sale 10 10* Sale 41 27 Sale 42* 31* 10 8 2* 8* 105 108* 2* Sale Sale 49* 3* 49 3* 103 14 7* Feb. 18 4 1 * Jan. 2* Apr. 28 1 29 Feb. 18 May 3 28 May 26 38 May 15 * Jan. 3 92 3* Jan. 9 1 * Mar. 10 31* Jan. 13 29* Jan. 10 46* Feb. * Feb. 7>1 10* o3/" Sale 3* May 1 4X May" 9 May 13 5* May 16 * May 8 1 * May 5 2* May 12 I 11 May 7 11* May 31 10 May 28 1* May 1 40 May 12 27* May 6 May 6 May 2 May 8 May 27 May 7 12 May 2 13 May 28 10 May 28 1 * May 7 40 May 12 30* May 20 6* % 1 * 2* At 4 6 Mar. 17 8 Mar. 25 1 25 Jan. 2 5* Jan. 39* Jan. 30* Jan. Apr. 15 Apr. 21 6! May Jan. May Jan. 24 17 Mar. 10 Feb. 1 * 12* 7 * 17* 27 Apr. 25 Jan. 9 Mar. 10 Apr. 19 107* Jan. 7 At Feb. 20 At May 16 19 Jan. 2 7* Feb. 15 At Jan. 18 8 Apr. 12 1* Jan. 30 * Apr. 2 -44"—-Apr-;—23 10* May 9 2* Jan. 38* Feb. Jan. 17 20 3 5* May 16 * Feb. 2* May 8 43; 3! May 14 May 15 3 May 1 May 23 May 26 May 22 May 8 May 5 43* May 14 3* May 15 2^ 7 3 % 37* Apr. 4 31 22* Mar, 25 7 1 19 10 9 2 May 19 Apr. 15 14 10 2 Jan. 14 14* Jan. 27 10* Mar. 31 20* Jan. 13 * 110^ At May 10 Jan. 2 Jan. 28*[<Mar. 13 21 9* May 12 * Apr. 28 27* Jan. 17 2 Apr. 5 % Jan. 22 44—-Apr r 2312 Jan. 9 4* Feb. 26 40* Mar. 6 9* Mar. 10 8* Jan. 13 % May 2 1* Jan. 23 15 Jan. 1* Jan. 8 10 9 Jan. * Feb. 4 May 7 11 Apr. 21 10 Jan. Jan. 11 7 15* Jan. 4 11 May Mar. 1* Feb. 15 2* Apr. 23 9* Apr. 5* Apr. 2* May 2 20* May 31 3 6 5 Jan. 31 Apr. 14 Jan. Jan. Feb. Apr. 22 6 Jan. 21 Am Mar. 27 14J Jan. Jan. 13 9 6 10* Jan. IK May 7 40 May 12 30* May 20 12 Jan. 21 7* Jan. 27 3* Jan. 3 2* Apr. 22 Jan. 28 20* May 31 25 9* Jan. 6 8 Apr. 30 106 May 26 114* Mar. 18 3* Apr. 4 2* May 1 14* May 27 19* Jan. 10 3 6 * May 8* Jan. 7 Jan. 17 * Jan. 17 43 Mar. 21 3* Mar. 25 53 Jan. 4* Jan. 8 10 1 105* 106* L06* 108 110* 113 L10* 112 7* 8* Sale 1* 8 1* 2* Sale *6 8* * 7* 5* a 33 10* Jan. Jan. 1 May 31 1* Mar. 11 2 10 Sale 2S ^ * * 9 'jif 6* 89 10* May 22* May 1 8* 106 109 May 26 106 2* May 3* 1 3* 14* May 27 15* 6* May 7 6* Sale Sale 43 ] 3 * May 3 At May 16 27* May 23 9* May 12 *ji May 5 20 May 7 1 * May 22 May 17 7 2* 2* 22* Sale rrVs 4 "May" 27 10* 7 6 25 22 * Apr. 18 7 Sale 9* 1* 1 7 19* May" 7 42* Sale 12$ 2* i* 13* 5 110* May 10 "8 12 12* 2*' Sale 39* 1* 7* 1 ... 4 Jan. 2 * Apr. 5* May 15 7* May 27 2* May 8 25 May 8 5* May 22 38 May 22 26 May 29 * May 31 6 May 21 2 May 19 * May 7 * May 26 3* May 27 14 May 9 -30- 1-40- *6 Sale 2* 6* 38 May 19 2* * Tublze Chatillon Corp— Common ... 1 5,100 Class A ..1 5,000 Tung Sol Lamp Works com.,1 2,700 80-cent div pref * 18 I* 1* At At nAt 2* 15 9 8 22 6 6 3 31 6 7 7 26 1 22 May~31 13 26* 8* 8* 1 3,896 Todd Shipyards Corp.. 1 2 * May 2 1 May 31 1 * May 5 1* Sale 25* 8* We* 15 At 1* 13 109* 110* 109* May At May *8 May *6 27 28 25* May 8* May 8* 8* At May 18* May 1* May 1* 2 8% « May * 10 5* 3* 23* 8 IX 13* 9 6 940 6,306 Tonopah Mining of Nev 25 104 Mar, 10 165 5* May May 2* May 23* May 5 May 36* May 23* May * May 4* May 1 * May * May * May 3 * May 13 May 7 Tobacco Secur Trust Co Ltd— 800 1* 3 1* 29* 28* 40* 5 1,070 1,000 70 30 10 Jan. 6* Feb. 2* May" 5 * May 17 1* May 26 May 6 May 1 May 3 May 26 May 15 * May 12 2* a Sale 4 Jan. 10* Sale 1 25 4,666 100 3* 5 2* 25 325 10 1,050 So West Pa Pine Lines 4,900 Spalding (A G) & Bros Inc.—1 1st preferred * 1,500 * 4,600 Spencer Shoe Corp 600 Stahl-Meyer Inc com * * 2,500 Standard Brewing Co 1 17,100 Standard Cap & Seal com Conv preferred 4,350 10 Standard Dredging Corp— Common 1 2,800 SI .60 conv preferred 26 1,400 800 Stand Invest $5* preferred.-♦ 40,300 Standard Oil (Kentucky)-...10 400 ,5? 1* 10 * Sale 2 6 * 30 South New Engl Telep Co-.100 .>10 2,100 Southern Phosphate Co 10 2,200 Southern Pipe Line * 2,000 Southern Union Gas com 75 1,400 4,100 3* -- 7 % preferred 102* Apr. 22 130* Feb. 11 104 1* . 2,200 1,200 3,800 JAN. 1 Price Jan. 2 35 6* 1* 7 7 3* 3* 3 1* 5* 35* 2 7* Sale 87* May 1 91 106* May 24 107 May 7 May 28 82 Jan. 105* Apr. Feb. 112 1 May 17 3* May 29 !33 May 9 * May 1 2* May 5 * May 27 5* May 2 32* May 2 IJTMay 2 6* May 29 3 6 May 10 35* May 22 1* May 2 7* May 13 3* May May 22 9 Jan. 2 2* Jan. 29 * Mar. 14 8* Jan. 29 Apr. IS 12* May 2 1* Feb. 17 6* May 29 2 23 16 Jan. 0 1 3* May 29 * Jan. 4 8* Jan. 29 8 Jan. 9 40* Jan. 2* Jan. 7* Jan. 13 10 24 4* Jan. * Jan. Feb. 3 , Jan. At Jan. 14 114 At Jan. 31 % Apr. 28 5 98 21 108* Jan. 30 * Jan. __ 800 500 100 Union Investment Co com * Union Stock Yds of Omaha.l60 3,100 27,400 United Aircraft Prod.. 800 100 United Chemicals Inc— Common $3 "9",500 500 10", 600 8,000 1,400 cum partlc pref. 87,.106 Un Cigar-Whelan Stores 39,666 United Corp warrants... 1 20 210 4,300 1,300 4,500 50,906 50 375 11,700 64,500 20 • 10c Warrants United G & E 7% pref 100 United Lt & Power com A * Common class B„. * $6 1st pref... * United Milk Products com * $3 participating preferred—* , United Molasses Co Ltd— Am dep rctu for ord reg 400 100 5,200 1,010 1,300 3,000 """loo 750 15,500 50 1,600 United N J RR & Canal i00 3,400 United Profit Sharing com_25c 200 10% preferred 10 22,325 United Shoe Mach com 25 4,256 Preferred 25 14,000 United Specialties common 1 28,900 U 8 Foil class B -—...* 50 U 8 Graphite Co common 5 3,266 USA Internat Sec com * 4,775 l»i preferred with warr ♦ 49,660 U S Lines Inc pref • 760 U S Plywood $1.50 conv pref 20 14,000 U S Radiator common For footnotes see page 51. 4* 30 3* 8* 3* 3* 8* 4* 40 9* 9* 3* 7* 3* 3* 7* 3* 3* May 15 7* May 21 3* May 6 3* Jan. 8* May 7 7* May 21 3* Apr. 25 16 4* Feb. 6 9 9 Jan. 3* Apr. 25 40 9* Sale 9* » 256 United Elastic Corp.........* 100,506 United Gas common 1 20,500 $7 1st non-voting pref .* 8,400 2* 10 8 8* May 27 9* May 9 8* 9 May 29 1 May 29 8* Feb. 18 10* Apr. 29 9 17 11* Jan. 23 Apr. 65 At Sale At 7* Sale * Sale 110 111* * 82 * Sale At > * Sale 26* Sale »»i 85% 8t 7* * At May 113* May * May 81 May * May ■*. May 23* 22 * May 22 22* May Sale 115 Sale 80 «S\y> * Sale At n 80 May 4 May 131 27* 20 a Sale 22* '^May""I 6 12 At May 12 26 * May 5 21 118 May 6 1 * May 1 81 21 May 21 * May 26 1 * May 5 2 27 27* May 1 7 22* May 7 67 1 246 3* 1 Jan. * Feb l»» Apr. 7* Jan. At Mar. I lis1* 106* Feb. Jan. Jan. Jan May Jan. * Jan. 80 Mar. 85* Jan. * Mar. At Apr. 19* Feb. 29 Jan. Jan. 3 9, 17 9 6 10 17 16 16 25 Mar. 21 Mar. 25 70 22* May 70 Apr. Apr. 16 3* 247 Sale" 4 * May 5 50* Sale 44* Sale 9* Sale 4* 8 6 II* 8* 3* 27* Sale 4 28* 1 * 44 9 5 6 At Sale 50 Sale ,ny» 1 3 May 1 43* May 22 8* May 22 4* May 15 4* May 50 * May 1 4* May 3 52* May 22 45 May 9* May 4* May 5 6 6 *6 May 1 8* 50 49* 3* 4* 27* 28* 1* Sale 50 At May May 3 * May 1 1 7 27* May 26 1* May 10 e 51 5 May 7 May 15 27* May 26 1* May 2 * Mar. 21 4* May 3 49* Apr. 23 * Apr. 43 * Mar. 7* 4* 7* * 50 3 6 Feb. 18 May Apr. Feb. Apr. 15 Jan. 22 20 21 8 27* May 26 1* Mar. 5 At Jan. 5* Mar. 3 4 Jan. 13 45* Jan. 18 61 Jan. 10 5* Jan. 8 7* Apr. 22 10 * Jan. 61* Jan 5 20 15 May 15 29* Jan 2* Jan. 22 10 June, 1941] CURB EXCHANGE YORK NEW AGGREGATE SALES In PRICES IN MAY NEW YORK CURB EXCHANGE Since MayI Shares 2,800 700 5,500 STOCKS (Concluded) Par 100 400 850 19,600 325 50,700 Universal Corp 530 300 5,100 200 100 100 200 400 5,900 2,200 1,100 5 * 5,100 Utah Pr & Lt $7 pref Utah Radio Products 1 com Utility Equities common... 10c 2,350 $5.50 priority stock.......1 1,200 Utility & Ind Corp com ...5 6,900 Conv preferred.......-.-.7 """766 3,000 350 ...8 "2",900 1,050 48,600 .....1 v t c 1,550 Universal Insurance 4,900 Universal Pictures com 1,700 Universal Products Co_ 49,700 Utah Idaho Sugar Co ~ 1~206 * 21,500 Valspar Gnrp common 1,925 $4 conv pref ..6 488,100 Venezuelan Petroleum 1 5,410 Virginia Pub Serv 7% pref.100 3,100 Vogt Mfg Corp * 18,900 Vultee Aircraft Inc..........1 3,200 Waco Airfraft Co... * 1,200 Wagner Baking com ▼ t c * 7% preferred ...100 "l~,266 Waitt & Bond Inc class A * 1,200 Class B * 3,300 Walker Mining.............1 900 Wayne Knitting Mills. 5 11,500 Wellington Oil Co common 1 4,500 Went worth Mfg Co .1.25 20,600 Western Air Lines Inc.. 1 Ask Bid 18,300 U 8 Rubber Reclaiming-...-*, 900 U 8 Stores Corp com 50c' 170 $7 conv 1st Dref.. * 4.500 United Stores Corp com 50c 40,000 United Wall Paper 500 Universal Cooler class A 700 Class B 5,500 May 1 1941 Shares 354 . 254 - 60 Western Grocery com. .... .20 Western Maryland Ry— 650 7% 1st preferred —100 Western Tablet & Stationery— 800 Common * 1,575 Westmoreland Coal Co...—20 825 Westmoreland Inc —.10 100 250 & Sal* 6 Sale 2154 2354 1554 Sale 1794 W 7754 78 154 94 Sale 48 4954 56 Sale 254 1 154 1954 Sale 54 94 Sale 90 10 . 894 1054 894 494 Sale 854 654 76 5 92 7 Lowest Highest Sale Prices Sale Prices 294 May 154 254 54 6 2554 1554 154 Sale 2654 17 'I® /ale 70X 71 8 46 ^ Sale 254 54 554 25 454 154 554 2754 14 14 16 1554 254 254 6694 68 5« 44 45 At 54 154 Sale 54 % 15 254 Sale 97 Sale 954 Sale 5 Sale 94 Sale 1354 1454 3 754 76 554 3 8 92 654 294 254 9354 9654 754 854 654 Sale 354 354 7 8 76 5 194 594 454 354 19 1254 1054 2054 13 12 210 $6 preferred 25,800 W Va Coal & Coke 350 ""700 -400 300 200 600 6,000 com..5 Weyenberg Shoe Mfg Oo._.__l 14,100 Wichita River Oil Corp..—.10 -l,400j Williams CR O) AfCo". 2,800 Williams O ll-O-Matic Htg...* . 6,900 Wilson Jones Co com.. • 1,500 25 2,500 * new 4 69 1694 1954 Sale 12 1294 15 73 1554 1954 22 7i 131 15' 654 2654 15 54 1454 294 May 8 May 7 May 2 May 13 May 8 May 15 2l! 241 72 54 May 9; 4494 May 28 154 May 20 54 May 26 46 May 1 154 May 94 May 19 % 1354 May 19 1494 2 54 May 1 354 95 May 28 103 854 May 7 954 5 May 1 694 3 May 7 754 May 12 May May May May May May 1 12 10 20 13 1 31 3 May 7 754 May 12 May 26 May 8 1394 May 21 2 May 5 154 May 2 354 May 8 __ May May 14 May 294 May 2 May 3 54 May _ 26 8 13 10 26 9 1654 69 May 14 72 May 6 21 1254 1954 May 1 1154 May 27 1954 May 1 1254 May 17 9994 254 11 650 Willson Products Inc 20 Wisconsin P A L 7% —1 pref—100 1,400 Wolverine Port Cement 10 11,900 Wolverine Tube Co com.....2 2,200 Woodley Petroleum Corp 1 Wool worth (F W) Ltd— 600 Am dep rets ord she 5s 43,400 Wright-Bar greaves Ltd——* 97 10054 10154 354 Sale 554 6 __654_Sale 45? 254 554 9854 May 294 May 9954 May 3 May Sale 1254 11554 11694 554 554 554 Sale 4 54 Sale 354 5M 454 Sale -6K 454 594 May. 594-May—1 454 May 454 May 2 2 8 754 xll 12 113 11794 454 5 54 454 4 54 554 Sale 454 454 454 11 4 5 Sale 354 354 54 Feb. 1 Apr. 354 Apr. 24 54 Jan. 2 594 Feb. 14 23 Jan. 1494 Jan. 1354 May 194 Jan. 6754 Apr. May May May 5 254 May 24 854 May 7 xll May May May May 28 454 May 14 554 May 31 494 May 21 454 394 4 Mar. 3 Jan. 8 Feb. 3 Jan. Jan. 13 8 Jan. 1 Jan. 3 Mar. 11 7 21 2754 Feb. 20 24 15 13 21 24 44 Mar. 27 % Jan. 154 Feb. 15 14 94 May 19 1356 May 19 9i 8554 854 4 94 Apr. 21 754 Feb. 4 15 3 154 Jan. 24 22 Jan. 25 Apr. 4 May 13 J an. 9 Jan. 6 454 Jan. 9 Mar. 19 9 Mar. 15 7 25 16 26 May Jan. 554 Jan. 454 Feb. 11 1 19 72 May 6 Apr. 28 20 Jan. 7 3 27 1954 Mar. 26 1494 Feb. 5 Feb. 102 6 2 354 Jan. 694 Mar. 10 9 694- Jan. Apr. 8 Jan. 594 Feb. 454 Mar. iir 10 94 Jan. 54 Jan. Apr. 294 Jan. 2 May Jan. 1 27 Jan. 14 1154 Jan. 7 54 Jan. "554 Apr'.'iS Apr. Apr. Apr. Apr. 5854 Feb. 16 13 10 H»Jan. 194 Apr. 49 3 54 6 Feb. 19 103 11 May 7 Apr. 21 854 3 54 5i« 1354 194 194 3 54 354 Feb. 1754 Jan. 29 2 94 May 8 8394 Jan. 13 Jan. I* Feb. Mar. 20 i!S Jan. Mar. Jan. 6 Mar. 12 Mar. 27 117 Jan. 22 6 Apr. 24! 594 Jan. 654 Jan. 454 Jan. 16, 4 94 Mar. 17 Mar. 22. Apr. 10 354 May 10 4 354 May 10 454 54 354 % 194 554 54 Apr. 25 6 154 754 1054 Sale 8 4 May 294 Feb. 7 4 554 1 2 94 Feb. 4 94 Feb. _ % 1454 254 2 354 554 154 354 Sale 59 554 May May 15 May 1354 May 254 May 6894 May 26 54 May 16 154 May 7 6 1354 254 254 5& May 16 May 5 90 54 1454 154 5 . 54. X 154 Sale 10 1 1 54 2 394 May 12 354 Feb. "ill "154 1 1354 3 4 . fl "194 "194 Hiytiesi Sale Prices 354 354 %A Sale Lowest Sale Prices West Texas Utilities Co— 30 2,200 1 Ask 54 Jan. 7* 4 1 May 31 Ask Bid 3 3 Bid - 80 RANGE SINCE JAN. Price Jan. 2 Jan. 1 r 49 9 554 Jan. 0 494 Jan. 3 16, 10154 Feb. 14 10354 Jan. 10294 Jan. 15 10554 Jan. 10 May 1 10154 10254 10154 May 2 10154 May 103 54 10354 10394T0354 May 15 104 May 10451 Sale 10354 May 1 10454 May 10554 10654 10554 May 29 10654 May 104 54 May 10454 105 3 105 May 8 24 16 23 Mar. 13 10594 Jan. 10554 May 29 107 54 Jan. 10354 Mar. 19 10694 Jan. 2 May 17 May 26 May 2 103 94 Apr. 10 10654 Feb. 10554 May 6 10854 Jan. 10654 May 6 11054 Jan. 8 BONDS— 151,000 15,000 92,000 23,000 40,000 85,000 93,000 42,000 731,000 Alabama Power 454* -1967 1st & ret 5s...........1956 120,000 201,000 144,000 235.000 269,000 413,000 234,000 1st A ref 5s............1968 —1946 1st A ref 5s .1951 American Gas A Electric— 1st 5s S f deb 2 1950 1960 —1970 Light- 54s S f deb 354s 5 f deb 3 54a American Power A 550,000 7,000 4,000 67,000 230,000 7,000 104,000 4.075,000 7,000 29,000 560,000 1,394,000 158",666 1.192,000 19,000 94,000 125,000 44~,606 11,000 22,000 Deb .2016 6s.. 10554 10454 10754 108 10654 Sale 10154 10194 10354 Sale 10394 Sale 10654 Sale 10454 10554 106 Sale 104 10854 Sale 11054 Sale 106 105 10954 Sale 10254 Sale 104 104 Appalachian El Pow 354S-1970 Appalachian Power 6s....2024 Sale .1966 130 Sale Associated Elec 4His..... 1953 Sale 49,000 {♦Assoc Gas A Elec 454s.. 1948 ♦5s deb —1968 5s registered 11,000 ...1968 Sale Arkansas Pr A Lt 5a 1354 1,161,000 1,012,000 3,000 272,000 59,000 97,000 10,000 9,000 ♦454s series O 1949 ♦554s conv deb..———1977 ♦Conv deb 5s...... 1950 5 registered .1950 Assoc Tel A Tel 554s A .1955 Atlanta Gas Light 4 54s—1955 108 ~ " 10454 104 Sale 10394 May 10654 10654 107 10554 May 10854 10754 10854 10654 May Sale 106 10494 May 106 May Sale 1129 129 129 131 May Sale 110654 Sale 107 10654 May Sale 46 4454 4494 4354 May 15 HI 14 1594 May 13 54 1551 Sale 1 394 1354 May 7 1049 6 1079 6 108 103 26 10954 May 1 27 10654 May 28 1 12954 May 17 14 10754 May 1 2 46 May 1 13 1494 May 8 16 1554 May 1 Feb. 15 H 15 H 1594 Sale 15 54 1354 Sale 1354 1394 1354 1354 1354 May 27 1354 May 19 1354 May 24 Atlantic City Elec 354»—1964 Avery (B F) Sons 5s w w—1947, 101 104 5s ex-warr —1947! 10054 Sale 64 May Mar. 13J Jan. 10754 Mar. 18 51 Jan. 10 1554 Mar. 21 1594 Mar. 22 1554 Apr. 3 May Feb. Feb. Jan. 5? 1554 May 1 Feb. 15 1454 May 1594 May 8 1 Feb. Feb. 1594 Jan. Apr. Apr. Sale 63 May 23 64 6354 64 10654 107 May 7 107 10754 10754 107 10794 10854 10754 108 10754 May 2 108 101 10494 100 10454 98 10394 100 10454 2 18 10654 May 28 May 1 May 7 May 13 31 Mar. 22 15* Apr. 6454 Sale 108 54 10754 10954 11054 2 109 94 Apr. Feb. 1254 Sale 12 54 13 54 1294 13 54 Sale 13 17 15 14 3 7 13 107 54 Mar. 15 109 54 Jan. 3 69 May Feb. Jan. Jan. Apr. 10494 Jan. Jan. 102 28 Jan. 9 10954 Feb. 15 12754 Jan. 10594 Feb. 18 11154 Apr. 10654 Mar. 3 11254 Jan. 149 Jan. Apr. 14 156 10154 Mar. 5 103 94 Apr. Jan. 10254 Feb. 24 104 2 16 24 Baldwin Locomotive Works— 194,000 189,000 111,000 12,000 83,000 3,000 1,335,000 Convertible 6s 1950 686.000 Bell Tel of Canada 5s B...1957 282,000 5s series C ......1960 102,000 Bethlehem Steel 6s 1998 495,000 Birmingham Elec 454* 1968 38,000 Broad River Power 5s A.. 1954 95,000 169,000 59,000 144,000 212,000 377,000 140,000 26,000 29,000 44,000 6 54s 1,379,000 1,994,000 Cent States 936", 666 3,671,000 1,000 314,000 1,245,000 5s 72,666 1,000 468,000 5s 341,000 195,000 101,000 25". 000 463,000 521,000 234,000 854,000 Canada Nor Power 5s 1953 Canadian Pacific Ry 6s—1942 Cent 111 Pub Serv 3 1948 1954 Pr A Lt 554«—1953 551,000 {iChic Rye 5s ctfis of dep..1927 90,000 Cincinnati Street Ry 6 54«-1952 6s series B —1955 92,000 174,000 Cities Service 6s .....1966 2,000 5sregistered. ......—1966 1,000 —.—1950 5s registered... 1958 5s registered... 1969 932,000 12,000 75,000 43,000 725,000 4,308,000 112,000 611,000 155,000 562,000 765,000 .4,000 39,000 3s series P 354s series N 2?4s series Q Oonsol Gas Utlllti 6s A stamped 1969 —1971 1976 — .1943 Continental G A El 5s..—1958 Cuban Tobacco 5s 1944 Cudahy Packing Co 3 54s.. 1955 Delaware Elec Pow 554«—1959 43,000 Elmlra Wat Lt A RR 5s..1956 245,000 Empire Dlst Elec 5s 1952 Ercole Marelll Elec Mfg— 34,000 ♦654s 1953 see page 51. 78 Sale 6954 Sale 27 Sale 2754 Sale 9454 Sale 4554 Sale 90 9254 9354 95 8554 Sale 14994 151 k Sale 10354 Sale 102 113 11354 11054 107H 10854 10654 10794 10854 110 150 15254 14994 10254 10254 102 10354 10354 105 87 Sale 8854 Sale 87 Sale 87 Sale 8854 Sale 87 8354 Sale May 5 115 May 27 110 May 24 112 May 19 15154 May 3 10294 May 1 10354 77 7554 8094 Sale 7554 May 85 Sale May 8054 80 8054 10754 108 10754 10794 10754 May 14 1354 1494 1254 May 1354 Sale 12 May 1394 Sale Sale 97 May 9994 100 Sale 4554 41 44 May 9154 9054 May 9054 91 95 94 May 95 9654 Sale 8954 May 9094 Sale 8354 Sale 8254 May 8854 May May May 20 May 14 May 1 May 7 May 1 May 1 8094 May 85 May 10854 May 1454 May 1454 May 10054 May 46 May 9154 May 95 May 91 May 1 6 1 8994 May 8854 May 8994 May 1 1 13 8754 9454 Sale 10054 Sale 12954 12854 131 111 5 1 3754 8654 9094 8354 Sale 112 11054 11254 9794 Sale 9294 Sale 5254 5354 10254 Sale 10654 10754 8754 Sale 8354 Sale 12754 10554 Sale 126 44 305? Apr. 88 Sale 8854 9754 89 , 1254 May May Sale 55 Sale 8 97 May 1 9754 Sale 9894 55 May 1 56 5554 67 10154 10154 10154 10194 10154 May 15 102 10254 Sale 101 k Sale 101 May 21 10254 May May May May 8794 Sale 89 9154 Sale 91 120 54 122 122 105 10554 105 May 1 May 13 May 23 May 9 , 4554 4554 Sale Sale 12354 Sale May 1 89 May 27 9454 May 20 123 May 15 10554 15 49 Jan. 10 Si3* 95 Jan. 14 Mar. Jan. 13 Feb. 91 Mar. May 6 §954 Apr. 30 8994 May 6 6 8854 May 89 k May 6 8154 Mar. 7 89 h May 6 9954 Apr. 17 9954 Apr. 17 May Feb. 79 88 May 12 108 10754 Sale 107 May 14 10954 110 10954 May 14 10994 May 21 10956 IK) 10294 10354 10294 10354 10254 May 9 10354 May 17 97 14 Jan. May 23 Feb. Feb. 6 6 6 May May May May May Jan. Jan. 20 14 8 6 9 9 6 1 3 31 12 93 10 24 8154 Apr. 3 86 Apr. 30 10854 May 13 Feb. 23 10754 Sale 95 7354 Feb. 6954 Jan. 105 8154 Mar. 8754 May 2 8994 May 8 99 98k 9794 97 99 Sale 97 May 27 9954 9754 97 102 Sale 10154 Sale 10094 May 16 10254 128 132 12954 133 12254 12354 12254 12394 123 May 27 12354 ... 2,663,000 Eastern Gas A Fuel 4s A..1956 ...2030 3,850,000 Elec Pow A Lt 5s.. For footnotes Sale 1958 Oonsol G E L A P Bait— 200,000 96,000 177,000 Sale Sale 112 ...1950 2,939,000 Cities Service PAL 5 54s. 1952 5 54s gold deb 1,247,000 1949 728,000 Community Pow A Lt 5s.. 1957 6,000 Conn Ltg A Pow 7s A 1951 53,000 Oonsol Gas of Bait 454s...1954 66,000 22,000 71,000 11154 10954 11194 Sale 15454 157 102 10254 103 10454 54s A—1968 Cent States Elec 5s... Conv deb 5s 12554 Sale 111 11154 Feb. Feb. 8854 Feb. 9894 Feb. 127 94 Mar. 12294 Apr. 10394 Mar. 24 130 Mar. 17 12854 Jan. 25 Jan. 7 10554 Apr. 18 111 107 94 Apr. 7 2 11154 Jan. 101 Mar. 26 10354 May 17 9654 Jan. 8954 Feb. 53 94 Feb. 101 Apr. 101 May 86 Feb. 27 10254 Apr. 19 15 9894 May 9 Feb. 14 3 60 15 10294 Feb. 18 Mar. 31 21 107 24 8951 Jan. 23 7894 Feb. 21 94 H May 13 Jan. 7 11994 Mar. 19 126 104 44 Mar. 31 106 Feb. 7 45 Mar. Jan. 1 10 new 50 AGGREGATE SALES price curb exchange Jan. 2 11 (Continued) 29,000 Erie Lighting 5s... Bid bonds 5,000 249,000,Federal Water 8erv 5H*. 6 1C1% 101% ol01% 78 82 78% 101% 102 100 101% Sale 99% 65 72 100% Sale 1,000 5,000 1,194,000 ——347-fQO10 2,000 5,000 32,000 73% Sale 24% Sale 60 76 108 Great North Pow 5sstpd 1950 Green Mountain Pow 3 %s.l963 Grocery Store Prod 6s. 1945 Giiantanamo A W Ry 6s. .1958 t Guardian Investors Corp— 58 series A 1948 298,000 Sale 78% 110 106% Sale 56% 63 25 28 23% 25% 45 Sale Sale 102 Sale 65 Sale 100% 80% Sale 35 14% 100% 101% 100% May 12,101% May 8 75 77 May 6 82 May 1 76 100 102 May 15:101 May 25 100 99% May 5,101% May 26 101% 101 60 101 84% 19% 65 Sale 85% 35 Sale 166% May 80% May *84% May 80 May 72 85 May 83 84% "83% "Sale" 82 108% 110% 109% 110% 108% May May 104% 105% 105 103 106 62 63 May 62 64% 62 25 27 21 May 20 30 Sale 18% 20 85 19% 20% 15 1 101% May 19 5 84% May 29 8 85% 8 80 6 83% 27 108% 29.105 19 62% 13, 25 May 10 ...__ 191,000 377,000 341,000 656,000 870,000 64,000 628,000 700,000 343,000 302,000 130,000 72,000 1,000 128,000 3,949,000 —1"[ 093,000 191,000 22,000 38,000 55,000 112,000 1950 1963 Kansas Electric Pow 3%s.l966 10,000 Kansas Gas A Electric 6s .2022 50,000 Sale 107% Sale Sale 106 Sale 101% Sale 106% 107% 106% 100% 77% 77% 110 22 22% . 30% 22** 72 — 5,000 10,000 101% 102 Sale 88 'Sale .. . 245,000 Jacksonville Gas 5s stpd—1942 770,000 lersey Cent P A L 3His... 1965 109% Sale 107 73% Alndianapolis Gas 5s A. 1952 Indianapolis P A L 3 Ha—1970 J*Int Pow Sec 6%s series C1955 60,000 136,000 110 101 100% 101% 74% Sale Indiana Hydro-Elec 5s A.-1958 ♦7sseries E. .1957 7s E (Aug 1941 coupon) .1957 ♦7s series F. _.——1952 Interstate Power 5s_ 1957 JDebenturafis ; 1952 Iowa-Nebraska LAP 5s.. 1957 5s series B —1961 Iowa Pow A Lt 4%s A 1958 ♦Isarco Hydro-Electric 7s. 1952 Italian Superpower 6s 1963 108 107% 106% ...1953 .1956 Indiana Service 5s... 1st lien A ref 5s Sale 107% 110 102 Sale 106% Sale Idaho Power Co 3%s—.1967 Illinois Pow A Light 5%s—1957 5 Hs series B 1954 6s series A...... 5s series O....... ----- ----- 21% Sale 38J Sale 107 108 Sale 101 78 75% Sale 78 74% 76 77 79 86% Sale 106% Sale 106% 107 17 19 17 20% 20% 26 26 18% 17 23 67% Sale .28. Sale.. 17 24 Sale 28% Sale 72% May May May May May May 16 8 15 27 29 8 26 34 Sale 45% Sale 107% 107% 108 17 21% 24 14 17% 18 42% 107 108% May 8 109% 100 May 1|101% 106% May 26 107 107% May 1|107% 105% May 1 107 100% May 23 101% 74% May 6 78% 74% May 31 77% '75 May 27» 88% 106 May 19 107 17 May 5 17 20% May 6 15 May 8 19% May 19 67% May 1 20%.Mayj>4 104 128 110 130 105% 106% 106% Salb 124% 127 125% 126 61,000 2l",606 114",000 108,000 350,000 3%% series A.........1966 ALeonard TIets Inc 7%s.-1946 Long Island Ltg 6s 1945 1957 108 109% 105 Louisiana Pow A Lt 5s iMansfleld Mining A Smelt— 7s ex-warrants. 1941 1,000 McCord Rad A Mfg 6s 1948 ... 20.000 2,OOo! 26,000, 11.0001 31,000 4,000 91,000 18,000 75,000 24,000 27,000 136,000 62,000 40,000 30,000 111", 606 11,606 43,000 6,000 689,000 22,000 142,000 38,000 191,000 152,000 209,000 2,000 88,000 Memphis Comm'l Appeal— Debenture 1952 1947 4 %s. 29,000 84,000 Mengel Co4Hs,...... Met Edison 4s series E 93,000 4sseries G 1971 1965 175,000 Middle Sts Petrol 6%s A—1945 69,000 Midland Valley RR 5s....1943 299,000 .... ... 153,000 308,000 389,000 32,000 120,000 220,000 40,000 3,908,000 65,000 793,000 269,000 968,000 692,000 1,080,000 22,000 Nassau A Suffolk Ltg 5s 1945 Nat Pow A Lt 6s A..— .2026 Deb 5s series B 2030 1 ANat Pub Serv 5s C O D.1978 Nebraska Power 6s .2022 77 103 95 107 105% 96 Sale 110X4 111 102% Sale 54 Sale 108% Sale 17% 77% 35 79% 20 Jan. 80% 49 Jan. 75% Jan. 107% Feb. 103% Feb. 102% 104% 102 103% 99 99 99% 99% 105% 106% 108% 110 108% Sale 108% 109 102% 103 101% 103 52 52% 53% 52% 105 105% 106 105% 103% 104 104% Sale 106% 107% 107% Sale Sale 105 105% Sale 104 104% 105% Sale Sale 111 111 112 102% Sale 101% 102% 1 15 20 3 Ogden Gas Co 5s Ohio Power 3 Ha ..1945 Mar. 8 Apr. 19 74% May 17 43 Jan. 15 105% Jan. 7 105 106% Jan. 15% Mar. 14 May Jan. 13 107% May 17 26 Jan. 10 35% Jan. 13 Jan. 7 42 May 6 48 105% Feb. 17 108% May 13 106 Apr. 123 Mar. 22 128% Jan. 2 106% May 31 3 106% Feb. 26 107% Jan. 104% Feb. 3 107 Jan. 13 106% Jan. 27 2 109% Apr. 28 25 77 Feb. 21 25 Jan. 6 90 103% Jan. 17 99% Apr. 29109% Feb. 24 110% Jan. 17 101% Feb. 100 Feb. 21 Jan. 17 Feb. 104 Feb. 8 59% .Tan. 22 May 9 50% Feb. 103 % Feb. Feb. 3 102% Jan. 105 106 Jan. 103 % Jan. 108% Apr. 5 105% Apr. 17 106% Apr. 16 112 May 5 8 102% May 102% Feb. 109 Jan. 96% Jan. 24 109 106% May 14 106% May 23 Feb. 107 19 21 Jan. 124 Jan. 111% 109% 98% 121% 66% Jan. 25% Sale 127% 130 m Sale 109 Sale 121% 122% 63% Sale 64% & 63 21** Sale Sale 106 104 11*6% 107% 108% 96% 117% 61 60% 61 87% 91% 107% May 3 117% May 21 May 8 108% May 28 May 2 109% May 16 6 May H 98% May May 24,117% May 12 May 1 63% May 15 May 5! 63% May 15 May 15 May 2 63 May 311 92% May 15 9 May 29' 95% May 8 May 8,107% May , 27 105% 24 105% 29 103 21 109% 19 115 8 105% 12 ; 42% 2 102% 1 104% 10 51% May May May May May May May May May May 109% May 6 110 107% May 27 107% 109% May 13 110 107 May 6 107% 103% May 13il04 May May 105 102% 103% 104% 105 50% Sale 103% May 105 May 102% 103% 102% Sale 102% May 109 110 May 108% 109% 109 114 129 115 114% May 104% 106% 105% 104% May Sale 48 41 40 38% May 102% Sale 102% 102% 102% May 104% Sale 104% 106% 104% May 50% 51% 50% Sale 50% May 112% Sale 110 103% 103% 105% 106% 103% 104% 105% 10' 106% 111% 115 x92** 42 45 111 109 Sale Sale Okla Nat Gas 3%s B Okla Pow A Water 5s A 1955 1948 107%. Sale 104% 104% 104 51. May Feb. 109 For footnotes see page 17 15 114 1968 47,000 3 102% May 1 15 26 1 5 4 28 109 26 1962 4s series b .-.1981 437,000 4s series D 1961 503,000 Phila Elec Power 5%s....1972 463,000 Phila Rapid Transit 6s 1962 107,000 Piedmont Hydro-Electric Co—♦ 6%s series A .....I960 25% Jan. 1 7 22 9 Jan. Jan. 24 May 15% Mar. 66% Apr. Jan. 03 102% Feb. May 15 6 29 109 21 Mar. 15 17 i; 27 Jan. May 12 101% Apr. 28 79% Jan. 16 78% Jan. 15 92% Mar. 31 Mar. 14 Jan. Jan. 108 107 102% Jan. Ohio Public Service 4s * 103 108 105% Mar. 109% 107% Sale 107% 109% 109% 109% 106% 107%, 107% 1941 132,000 Pacific Gas A Elec 6s B 23,000 Pacific Ltg a Pow 5s_._._1942 1,061,000 Pacific Power a Light 5s..1955 31,000 Park Lexington Bldg 3s.—1964 561,000 Penn Cent Lt a Pow 4%s-1977 5s 1979 50,000 Penn Electric 4s series F..1971 113,000 5s series H ...1962 293,000 Penn Pub Serv 6s O 1947 99,000 1 5s series D 1954 19,000 Penn Water a Pow 3%s__1964 5,000 3%s * 1970 5,000 Peoples Gas Light A Ooke— 109% May 15 105 15 16 18 100% Feb. 110% Mar. 104 1980 494,000 3%s —1964 62,000 N Y A Westchester Ltg 6s_1954 21,000 2004 119,000 T4s Nippon Elec Pow 6 Hi 1953 80,000 Nor Amer LA PSHsA.. 1956 173,000 North Boston Ltg Prop 3%s 47 100,000 Nor Corn Util 5Hs A .1948 229,000 23 Mar. 21 29% Jan. 6 102% 101% May 103% 104 New Eng G A Elec Assn 6s 1947 5s. 1948 Con v deb 5s ..1950 New Engl Pow Assn 5s....1948 80 27 May 10 Sale 100% 101% 101% 102% 102 New Orleans Public Serv— a6s series A 1949 Neisner Bros Realty 6s 1948 Nevada Calif Elec 5s. ...1956 New Amsterdam Gas 5s.. 1948 85 21 108% Feb. 19 2 106% Jan. 64 Apr. 3 58 105 20 12 28 20 19 6 7 7 13 27 5 106% May 5 104% May 7 104 May 15 111 May 31 101% May 19 Apr. 4 Apr. 14 Apr. 25 107% Feb. 98% Apr. Mar. 106% Mar. 104% Feb. 100% May 72% Feb. 71% Feb. 75 May 15 26 1 14 12 102% May 99% May 108% May 108% May 102 May 53%. May 106'% May 104% May 107% May 105% May 105% May 112 May 102% May May May May May 102 May 51% May 105% May 103% May 102% 98% 106% 107% Jan. §§** 85 May May May May May May May May May May May May May May May May 6" 45 May 16 7 108% May 13 May 14 23 80% Jan. May 29 109% May 16 110% May 2 70% Feb. 18 75 May 7 70% Feb. 19 74% May 17 106% May 31 106% May 31 125% May 2 126 May 3 79 May 29 Jan. 15% Apr. 35 79% 101 % May 19 99% Mar. 72 23 10 15 May 29 May 2 May 7 May 17 105% 107% 106% May 14 107% May 24 17% 40 105% 105% 105% May 16 106 May 8 108 108 Sale May 22 108% May 1 99% Sale 109% 111 —.1981 N Y State BAG 4 He 40 106 Deb 5Hs... 1954 New Eng Pow Co 3%s A.. 1961 4%s 91,000 401,000 350,000 127,000 77,000 8,000 35 73% 107 15 105 106% Sale 106% 107 23 18 24% 20 116% 117% 116% 117% Sale 108 108% 109% 109% 108% 109% 109 Sale 96% Sale l 97 117% 119% 117% 118% 61% Sale 61% Sale 61 62% 62% 61% Sale 61 61% Sale 87% Sale 92% Sale 91% Sale 94% Sale 107% 108% 107% 109 10,000 73,000 54,000 23,000 18,000 34,000 20,000 25 .. 121,000 aN Y Pa A O RR 4%sstpd 1950 164,000 52.000 87.0001 40 Milwaukee G L 4 Hi 1967 105 105% 276,000 Minn Pow A Lt4Hs 1978 103% 104% 384,000 1st A ref 5s. .....1955 106% 108 160,000 104 142,000 Mississippi Power 5s..... 1955 103% Miss Power A Light 5s 1957 105% Sale 427,000 Miss River Power 5s Sale ..1951 109 164,000 Missouri Pub Serv 5s A 1960 96% Sale 510,000 32,000 21,000 79,000 7,000 16,000 20,000 7,000 37,000 22,000 47,000 12,000 8,000 146,000 13,000 130,000 14,000 22,000 57,000 24,000 2,000! 5,000 5,000 28 104% 105 107% Sale Jan. Jan. . Lake Superior Dist Power- 5,000 Jan. 17 Apr. 30 15 108% 107% May 10 107% May 17 23 19 May 9 22 May 6 14% 14 May 27 j 17% May 6 44% 42 May 43% 43% 107% 107% 107% 107% May 100% Feb. 26 101% 75 May 6 84% 100 Apr. 5 102 98% Mar 6 102% Mar. 17% Feb. Sale 20 3' 41% Mar. 48 May 16 104% Feb. 13 106 Jan. 3 May 22 106% Mar. 20 104 May 13 105 105% 106% 108% 6 11103% May 26 May 20 21 17% May 22 18 25 17% 15% 8,000 iHamburg E A Und Ry 5%s'38 110% 109% May 16 110% 1966 110% 111% 110% 110% 110 34,000 Houston Lt & Pr 3 %s 75 77 74% May 161 75 71 Sale 72% 75 88.000 Hygrade Food 6s ser A 1949 74% May 17 74% 74 77 69 73 6s series B .1949 72% 75 18,000 6,000 22,000 9,000 1,000 67,000 77,000 4,000 6,000 2! 48 May 16 45 47% 49% 42% May 42% 48 May 7 106% 105% 106% 105% 106% 105% May 12 106 104 May 22,106% May 6 106% Sale 105% Sale 104% Sale 41 Gen Wat Wlcs A El 5s A—1943 28,000 52,000 36,000 89,000 138,000 15,000 173,000 107,000 102% Sale 106 Georgia Pow A Lt 5s.....1978 iGesfuerel 6s............1953 Glen Aid en Goal 4s—— .1965 Gobel (Adolf) deb 4*48...1941 Grand Trunk West Ry 4s 1950 184,000 103 Sale Prices 9 109% May 101% Jan. 230",000 1,000 Highest 1 108% Jan. 1103% May 26 426,000 1,000 1,522,000 254,000 176,000 34,000 36,000 33.000 32,000 7,000 Lowest Sale Prices 6 109% May 93,000 3,000 Highest Sale Prices 102% May 5l",666 7,000 28,000 1,000 Ask Bid Ask 109% May JGary Electric & Gas— 226",666 Bid Lowest Sale Prices May 31 103% 104 102 5b ext stamped........ 1944 145,000 442,000 Gatineau Power 3 Ha A—-1969 29,000 Gen Pub Serv Co 5s......1953 360,000 Gen Pub Utilities 6 He A.. 1956 *Gen Rayon Ltd 6s A....1948 36,000 125,000 12,000 62,000 Ask May 1 "" 1967 108% 109H 109% 111% 109% 112 .1954 (Finland Residential Mtgi 6s stamped 1961 25,000 209,000 Florida Power Co 4a O—1966 1954 1,534,000 Florida Power & Lt 5s 4,000 21,000 367,000 1 i 1941 RANGE SINCE JAN. PRICES IN MAY L new york 29,000 exchange york curb 107 Sale 108 97 Sale Sale M Sale 106 108 105% 106 108% Sale 107% 108 107% 108% 103% Sale 104 Sale 113% 114% 102% Sale 20 29% 105 jl03% 110% 107% 110% 108% Sale 103% 102% 103% 102% May 106 104% May 104% 108 99% Sale 97% May 99% Sale 35 36 35 34 34% May Sale 105 May 105% Sale 105 106 105% 106% 108% iuoyi 106 May 105 106% 105% 106% 105 May 108 109 108% Sale 107% May 110 108 !07% 108 107% May 108 110 109 109% 108 May 106% Sale 106% May 106% May 103 104 103% 104% 103% Sale 104 Sale ,104% 104% 112% Sale 112% 113 105% 105% 105 105% 17% Sale 20% 23% 103% 104 112 105 9 9 7 20 19 27 28 2 2 22 2 1 May 16 May 20 May 2 Apr. 114% Apr. 107 , 1 May 20 4 14 7 Mar. Feb. May Apr. _ nn 103% 101 % 102% 107% 105% Mar. 106% Mar. May 29:106 Feb. 13>109% _ . May 9 Apr, 21 Mar. 1 Jan. 29 May Jan. 22 115 Feb. 21 106% Jan. Jan. 38% May 12! 45 2 103% Mar. 102% May 104 Apr. 15 105% Feb. 54% Jan. 49 % Jan. 20 114 19 103 10' 109% Mar. 12 113% 106 Apr. 12 109 108% Jan. 20 110 5 108% 106% Feb. 103 Mar. 14 106% 102% May 104% May 95 May 35 May 104% May 106 May 27 107 2 105% May 17 104% 26 108% May 14 107% May 6 106% 17 108 22 108% May 13 108 29 106% May 29 106% 27 106% May 27 106% 19 Feb. May 16 May 6 Jan. 6 Jan. 14 Apr. 66% Jan. 19 9 66% Jan. Apr. 2 97% Jan. May Jan. 19 May 29 100 8 106% Apr. 12 109% Jan. 106, 88% 117% 59% 59% 58% 23 103 6 104% 27 99% 2 35% 1 106 May 7 104% May 23 May 1 104% May 21 May 21 113 May 5 May 7 105% May 26 17% May 21 May May Mar. Feb. Feb. Jan. Feb. Feb. Apr. Jan. May May 4 18 25 8 Jan. 20 Jan. 2 May 16 Jan. 8 Feb. 21 2 23 104% Jan. 6 106% Jan. 14 5 100% Apr. 24 Jan. 2 38 3 18106 May 7 Mar. 29 Jan. 13 Apr. 8 Apr. 9 109% Apr. 21 29 106% May 29 27 106% May 27 no 109 Feb. 17 105 Apr. 22 102% Mar. .6 104% Apr. 23 Jan. 18 109 Feb. 15 115 8 2 106 Apr. 102% Jan. 102 17% Feb. 26 29% Jan. 19 NEW June, 1941] AGGREGATE PRICES SALES In Jan. 2 Jan. 1 $ 3,000 114,000 305,000 219,000 97,000 124,000 60,000 2,000 6,000 53,000 36,000 12,000 1,000 18,000 May 1 1941 bonds (Concluded) APomerania Elec Co 6s—1953 ♦Portland Gas & Coke 5s. 1940 5s stamped 1950 Potomac Edison 5s ser E.. 1956 45*8 series F 1961 Potrero Sugar 7s stamped,1947 Power Corp of Can 4 5*s B-1959 APrussian Electric 6s... 1954 Bid 25 935* 88 109 Ask 28 110 1095* 110 111 50 90 46 705* 25 75 72 5* 305* Highest Lowest Sale Prices Sale Prices 15 175* 30 98 995* 98 995* May 95 93 945* May 955* 1105* 1095* Sale 1095* May 1125* 1105* 112 1105* May 100 80 92 90 May Sale 675* 72 69 May 145* 975* 935* Sale Sale Sale Ask 20 145* 175* 22 % Feb. 27 1115* May May May 75 Sale 39,000 248,000 47,000 102,000 305,000 6% perpetual certificates 1,706,000 Puget Sound P & L 55*8—1949 578,000 5s series C 1950 1,136,000 45*s series D 1950 159 J* Sale 102 Sale Sale 99 J* Sale 1015* 36,000 236,000 Queens Boro G & E 55*8—1952 88 % Sale 855* 87 815* 82 82 17 22 175* 185* 235* 18 Public Service Co of N J— -.1953 -.1958 24,000 ARuhr Gas Co 65*s 3,000 ARuhr Housing 65*s A 2,000 2,000 777, 000 Safe Harbor Water Pr 4 5*« 1979 67, 000 San Joaquin L & P 6s B—1952 87,000 13,000 102 1525* 1025* Sale 103 104 Sale 27 Sale 145* 25 1075* Sale 137 H Sale Sale 107 1315* 135 1515* 1525* 150 102 1025* Sale 1015* 1015* 1015* 1005* 1015* 1005* 1075* Sale 133 137 May May May May 22 27 29 26 1525* May 1035* May 6 000 11 000 377 000 651 ,000 201,000 9,000 9 000 299 000 130.000 10,000 8,000 72, 000 81, 000 184, 000 184,000 328, 000 27, 000 367, 000 124, 000 197, 000 24,000, 23,000! 130,000 23,000 28,000 6s 1937 ASchulte Real Estate 6s-—1951 Scuilin Steel Co 3s -.1951 Sbawinigan W & P 45*8 A. 1967 45*s A registered 1967 4^s series D. 1970 Sheridan Wyo Coal 6s 1947 Sou Carolina Power 5s 1957 Sou Calif Edison 3s 1965 Southern Indiana Ry 4s.—1951 Southwestern G & E 35*s A '70 Southwestern P & L 6s A__2022 S'western Pub Serv 6s A.. 1945 Spalding (AG) & Bros5s_. 1989 — 41 395* 37 34 82 Sale 76 Sale 86 J* Sale 935* Sale 925* 955* 1045* Sale 875* 92 93 % 103 5* Sale 505* Sale 106 Sale 106 108 45 Sale 69 Sale Feb. 82 2 175* Apr. 14 Apr. W2 76 955* 1055* 1035* 57 555* 535* 1055* 1065* 1065* Sale 110 1075* 1045* 106 365* Sale 395* Feb. 5 40 99 2 May 79 87 Sale 1 Jan. May 85 o90 86% 3 18 42 86 Jan. Apr. 86 40 86 26 May 2 165* May 27 165* May 27 855* 955* 100 1045* 106 Sale 1025* 53 5* 545* 1065* 1055* Sale 1065* 1035* 355* 405* 865* May May May May May May May May May May May May May 10 1 23 12 26 17 6 9 Jan. 15 162 25 103 5* May 28 104 26 102 May 28 1065* Feb. May May 24 May 15 133 16 10 May 10 805* May 19 1 935* May g90 May 12 92 5* May 1 99 May 8 1055* May 26 1035* May 31 6 575* May 1065* May 29 1105* May 12 1055* May 17 405* May 21 40 84 10 285* Feb. 1 165* May 27 20 May Jan. 1025* May 505* Jan. 105 5* Apr. 101 905* Jan. Feb. 13 Apr. 28 875* Jan. 93 5* Apr. a90 May 93 5* Anr. 99 May 1055* May 1035* May 85 5* Feb. 93 Jan. 103 9 40 Feb. o90 18 May 9 May 14 Mar. 20 10 109 15 1385*« Jan. 17 15 Apr. 365* Mar. 75 5* Apr. 17 15 25 3 985* Feb. 985* Feb. ASaxon Public Works— 2,000 28,000 Jan. fjMay 28 1063* May 3 108 133 May 15 133 7 25 150 May 102 3 Apr. 23 8 100 765* Jan. 100 1 9 9 May 14 104 19 9 26 109 Apr. 1055* Mar. 7 107 1055* Feb. 19 109 May 2 1055* May 24 107 May 28 1073* May 20 1075* 1075* 1075* 1075* 107 Sale 95 May .69 20 1055* S f deb 4s 1st mtge 35*s 2 Sale Prices 26 5* Jan. 8 98 Mar. 24 2 1105* Anr. 6 1115* May 1095* Jan. 50 Jan. 8 1 90 21 Jan. 109 7 8 9 23 93 5* Jan, 865* Feb. 98 May 14 14 13 945* May 28 May 2 29 110 106 5* 1075* 1055* 106 1949 1964 348,000 400,000 1 Highest Lowest Sale Prices May 31 Ask Bid Bid Public Service of Colorado— 50,000 63,000 JAN. RANGE SINCE IN MAY Price new york curb exchange Since May 51 CURB EXCHANGE YORK 28 30 12 29 8 26 31 Mar. 29 60 10654 May 29 1105* Apr. 24 Feb. 106 Feb. 5 46 Jan. 6 895* 895* 89h 895* 895* 8954 255& 1035* Apr. 345* Mar. Apr. May Apr. May May Standard Gas & Electric— 252,000 163,000 361,000 197,000 133,000 192,000 21,000 '36,000 4,000 6s stamped— 1948 1,632, 000 6s con v stamped 1948 1.341, 000 6s series A 1951 2,129, 000 6s gold debs 1957 1,829, 000 6s series B -.1966 1,438, 000 1957 1,931, 000 Stand Power & Lt 68 1950 228, 000 AStarrett Corp 5s StJnnes (Hugo) .Corp-— 7s 2d Stamped 4s -.1946 132, 000 7s 3d stamped 4s 1946 88, 000 ... Terni Hydro-Electric 16,000 90,000 91,000 116,000 546,000 Texas Elec Service 5s——1960 382,000 Texas Power & Lt 5s 1956 24,000 6s -* 2022 59,066 288,000 Tide Water Power 5s A—1979 585,000 Twin City Rap Tr 55*8 A.1952 101,000 9,000 20,000 5,000 1,000 2,000 127,000 270,000 28,000 403,000 57,000 48,000 46,000 50,000 208,000 79,000 75,000 7,000 17,000 607,000 1,506,000 122,000 2,163,000 276,000 421,000 167,000 315,000 67,000 31,000 23,000 72,000 10,000 J*tJlen & Company— 6s 4th stamped ♦United Elec of N J 4s United Elec Service 7s aunited Indus 65*s a 1st 6s United Lt & Pow 65*8 Deb 6s 55*s 69 865* Sale 86 895* 885* Sale Sale 865* 89 Sale 885* 225* Sale Sale 89 685* 695* 685* 695* 685* Sale 19 205* 28 865* May 16 865* May 15 865* May 16 86 May 16 86 May 16 86 May 31 21 ,May 28 Sale Sale 865* 865* 865* Sale Sale 21 Sale Sale 865* Sale 69 86 35 51 1950 1949 1956 255* 1065* 1075* 1215* 97% 605* 6 60 50 19 Sale 22 20 Jan. 27 May 16 43 Jan. 11 555* May 14 60 & 30 30 1974 89 1975 1959 United Lt & Rys(Del) 55*s 1952 United Lt & Rys (Me) 6s A1952 Deb 6s series A 1973 Utah Power & Light 45*8.1944 6s series A 2022 284,000 Virginia Pub Ser 55*8 A—1946 156,000 6s..1946 166,000 5s series B 1950 Waldorf Astoria Corp— 484,000 a5s income deb 1954 48,000 Wash Ry & Elec 4s 1951 Washington Water Power— mtge 35*s 1964 Western Newspaper Union— 14,000 102,000 1st 38,000 11,000 11,000 19,000 371,000 Conv deb 6s unstamped.1944 106,000 West Penn Elec 5s ...2030 104,000 West Penn Traction 5s—1960 154,000 Wisconsin P A L 4s A-.--1966 52,000 27,000 99,000 jAYork Rys Co 5s 136,000 *58 stamped .. .1937 1947 955* Sale Sale 123 119 895* 895* 895* 895* 895* 895* 225* 695* Jan. 695* Jan. 70 Sale 100 Sale 61 Sale 115 Sale Sale "26" 16 Sale 25 175* 20 165* 985* Sale 315* 905* Sale Sale 120 1205* 865* Sale 24 Sale 98 104 1055* 1005* Sale 1195* Sale 975* 985* 1005* Sale 1045* 1043* 595* 60 85* 115 22 95* Sale 565* May 16 19 30 175* 20 Sale 98 96 Feb. Feb. 85* May 13 7 Jan. 1 1155* May 27 8 May May May 20 May 165* May 98 May 97 May 114 Apr. 1 31 28 19 31 7 975* Sale May 1055* 104 Sale 1005* May Sale 120 1195* May 1 97 May 29 97 May 9 1005* 1005* 100 1045* 1045* 1035* May 17 104 101 _ May 31 May 1 22 May 20 May 17 May 99?* May 985* May 105 May 1015* May 120 May 985* May 1005* May 1045* May 29 2 29 21 21 May 21 Mar. 12 325*Mar."6 565* May 16 135* Mar. 13 265* 1065* Jan. 4 1075* 107 Feb. 28 1085* 1185* Mar. 6 1215* 59 985* May 1 100 61 595* May 16 22 Jan. 685* Jan. 19 22 May 29 May 1063* May 12 1075* May 5 1075* May 27 108 May 7 115 116 Jan. 70 121 985* 120 865* Sale 106 Sale 107 1075* Sale 1075* 1075* 1075* 75* 118 1941 1945 - 28 Sale Sale 123 Sale Sale Jan. May 1 May 2 May- 2 May 21 May 21 May 21 May 1 "27—MaFT6t-W5TMly 2T 885* 69% Co 1953 a6 j^s series A 68% Jan. Jan. Mar. Jan. May 24 100 625* Jan. 14 8 25 25 31 31 28 8 95* Apr. 12 1185* Jan. 24 Apr. 26 Mar. 19 31 28 27 22 1 27 15 1 23 20 May 28 15 Apr. 7 88 Feb. 24 2 8 305* Feb. 4 Jan. 28 30 995* Mar. 24 85 Feb. 24 995* Mar. 24 1035* Mar. 21 108 5* Jan. 11 3 1015* May 15 935* Feb. 117 Feb. Jan. 15 121 16 835* Feb. 24 9854 Mar. 25 Jan. 24 9 102 May 1 100 7 103 6 1015* 102 1015* Sale 1015* Sale 1015* May 1 1015* May 1 May 23 1015* May 1015* 1015* |101 5* Sale 1015*1015*101 103 Sale 1025* 1025* 1025* Sale 1025* May 22 1025* May 31 101 101 102 1055* 107 5 Sale 4 975* 995* 120 106 Sale 98 97 98 995* 995* 995* 23 24 235* 23 5* 145* 24 4 Feb. Jan. 108 1085* 1085* 109 108 13 1055* Feb. 1095* 118 Jan. 7 1095* May 15 108 106 26 1095* 1085* May 4 Sale 45* 4 3* 1095* 1105* 1095* 1105* 109 Sale 16 Feb. 1 55* May 22 8 109 May 110 685* Jan. Feb. May May 108 595* Sale 1065* 108 1165* 1075* Sale 24 109 5* Mar. 20 102 1005* Mar. 22 102 1025* Mar. 21 103 995* 100 995* 1005* 98 15 26 21 1095* May 15 Jan. 105 Feb. 1165* Jan. 105 995* May 14 1005* May 20 May 995* May 2 55* Jan. 13 1095* Jan. 14' 685* 1085* 28 119 Mar. 3 1075* 59 645* May 20 685* May 1 655* Sale May 26 1065* May 26 1065* 1075* 106 118 May 15 1185* May 14 118 1055* 1065* 1055* May 16 1065* May 10 Jan. 9954 May 14 10054 May 20 975* Jan. Feb. 99 Apr. 24 Mar. 20 Apr. 21 Jan. 2 FOREIGN GOVERNMENT AND MUNICIPAL Agricul Mtge Bk Rep of Col— A20-year 7s Apr 1946 A20-year 7s Jan 15 1947 14,000 ABaden (Germany) 7s 1951 ACauca Valley (Dept of) Rep of 27,000 Colombia extl s f 7s 1948 11.000 2,000 ; 1 '4,000 11.0001 215* 215* 25 75* .... 23 75* 23 24 175* 6 85* 215* Jan. 11 225* Jan. 15 175* Mar. 4 .... 23 65* - May 235* May 13 6 — 75* 65* May 75* May 12 8 65* Apr. 23 Feb. 24 Mar. 28 18 265* Jan. 9 85* Jan. 10 24 ACent Bk of German State & 1951 25 285* 1,000 a 6s A 1952 48,000 Danish Cons Munic 55*8—1955 4,000 With declaration 8,000 5s 1953 Danzig P & Wat*way Bond— 25 27 6,000 Aexternal s f 65*s stmp-_1952 31,000 AGerman Cons Munic 7s—1947 48,000 a6s_ 1947 26,000 AHanover (City) Ger 7s 1939 4,000 AHanover (Prov) 6Ms 1949 14,000 ALima (City), Peru, 65*8—1958 33,000 AMaranhao jState) 7s 1958 31,000 AMedellin (Colombia) 7s_.1951 Mortgage Bank of Bogota— 3,000 a7s issue of May 1927—.1947 1,000 a7s issue of Oct 1927 1947 15,000 AMtge Bank of Chile 6s 1931 7,000 Mtge Bank of Denmark 5s 1972 75,000 AParana (State of) .Brazil 7s '58 99,000 ARio de Janeiro 65*s 1959 204,000 ARussian Govt 65*8 1919 174,000 a55*S 1921 5,000 ASantiago (Chile) 7s 1§49 5 7.000 32.000 4,000 6,000 1,000 18,000 4,000 5,000 2,000 8,000 1,000 3,000 31,000 33,000 43,000 15,000 * n No par Prov Banks 6s B value. Sold under the rule. 50 20 265* 25 26 25 27 25 8 215* 215* 28 24 175* 175* 745* 80 13 59 68 7 145* 95* 34 34 10* 165* 20"" 75* Sale 12 80 May 13 May 27 73 225* 18 22 25 13 20 25* 175* 175* 18 17 21 145* 20 175* 55* 125* 75* 65* 5* 5* 105* 34 34 11 27 75* Sale % 15 17 75* Abbreviations Used Above: "cons" consolidated. a Deferred delivery sale. Sold for cash. "cum" cumulative, x Ex-dividend. 1 55* 135* 75* "m" mortgage, "n-v" Abbreviations Used Above'. a Bonds being traded flat, "vtc" non-voting, voting trust certificates. *"wi" when Issued. t Reported in receivership, "w w" with warrants, "cod" certificates of deposit. '•x-w" without 17 May 16 May 55* May 135* May 75* May 78 % 395* May 21 16 May 15 65* May 6 5*s May 1 Ui May 22 1 1 warrants. 395* 185* 75* 5*6 5* May May May May May Jan. Feb. 8 81 Jan. 15 73 May 29 265* Apr. 28 31 7 Jan. 31 16 16 22 24 27 Jan. 8 27 Jan. 27 Jan. 8 8 16 May 24 27 Jan. 7 14 Mar. 6 63 Jan. 20 Feb. 141 95* Jan. 27 1 7 2 8 225* 23 5* 95* 305* Mar. 14 Apr. 7 Feb. 10 Feb. 5 22 % May 23 5* Apr. 40 Mar. 10 16 21 26 23 19 17 Mar. 28 185* 754 5* 5* 105* May 26 May 23 65* Mar. 6 % May 1 5* Jan. 24 85* Jan. 15 15 11 Deferred delivery sales, in which no a 8 55* Feb. 135* Feb. 28 24 28 20 225* May Apr. Feb. 13 Jan. Apr. 15 10 account"*8 taken in computing range, are given as follows: No sales. "conv" convertible, r 185* 85* % 3*# 105* Mar. 13 27 22 13 May 135* Apr. 145* May 16 May 135* May 15 May 22 15 15 38 17 16 16 22 22 24 28 7 1 225* May 65* 85* 15 30 May May May May May May May 15 14 24 May 27 7 16 225* 225* Sale 8 3 68 395* 18 18 225* 225* 105* Jan. 25 40 65* 145* 145* 145* 14J* 55* 135* 75* 65* 143* Sale 8 Feb. 52 May 31 May 29 Apr. 22 24 Sale 265* 18 23 65* 135* 145* 145* 35 n Under the rule sales, In which no account is taken in computing range, are given below: Southern Calif. Edison 5% pref., May 27 at 42. Standard at r Dredging Corp. conv pref., May 27 145*. Cash sales, in which no account computing range, are given below: No sales. is taken in RANGE OF PRICES ON CHICAGO STOCK EXCHANGE 1941 Stock Sales May Jan. 1 to May 31 --- 1941 Bond Sales 1940 391,000 2,222,000 Shares„ May. 1,055,000 3,491,000 1940 None — --.. $29,000 618,000 $1,600 Jan. 1 to May 31 AGGREGATE PRICES CHICAGO EXCHANGE SALES May BONDS Jan. 1 1941 Shares STOCKS Shares 771 100 6,270 1,793 1,120 3,350 4,100 '3r05O 3,050 1,350 50 650 242 130 1,250 550 - 300 — 800 20 1,990 19,175 36,655 1,300 33,750 50 850 * 52 44 504* 53 54 524* 10 11 Advanced Alum Castings 5 A etn a-B aiF Bearingxom mon-_4 50 1,050 1,700 750 2,682 2,050 450 401 3,920 550 50 1,500 120 400 2,010 375 65 100 750 1,000 1,150 1,800 370 160 100 150 800 11",600 3,550 ""606 20 30 30 1,244 1,540 1,800 200 100 37,200 850 16,560 120 312 610 180 60 30 1,884 270 300 610 200 • 16 15 20 44 * Sale 36 ♦ 15 American Pub Serv pref 100 Amer Tel & Tel Co capital.. 100 Armour & Co common ...5 168 pref Aro 454 1 1 34 Wheel capital..4 3 com 5 com 144 10,918 Chrysler Corp common ...5 16,850 Cities Service Co common...10 * 4,700 Club Alum Utensil Co com 130 Coleman Lamp & Stove com..* 174,000 Com'wealth Edison com 25 6,350 Consolidated Biscuit com 1 45,047 Consolidated Oil Corp.......* Consumers Co— , Vtc pref part shares 1,314 50 Com part shs v t c A 1,032 50 Common part shs v t c B...» 4,740 3,437 Container Corp of Am com..20 519 Continental Steel common.. * Preferred 110 .....100 UfUOpi Crane Co common...... 6,689 V/l CtiAV Vv Uvlll 111 villa AO 25 m ■> 1,940 Oudahy Pack Co 7 % cum pf 100 3,850 Cunningham Drug Stores—2,, 930 Curtis Lighting Inc common24* 650 Dayton Rubber Mfg common. 1 Decker (Alf) & Cohn— 200 Common..... ........10 Sale Sale 4 4 9* Sale Prices 4644 May 29 48 May If1 6 444* May 26 4644 May 10 9 May 16 May 12 3 4* May 44* May 13 3 44* 44*' 2 44 May 2 244 244 244 May 2 1144--44-44 -14—May -219- —1 l-4*-MaylO 11 May 3 104* 11 104* May 22 15 May 23 154* May 15 1444 1544 21 22 2144 May 26 2144 May 26 26 27 2544 May 28 274* May 21 46 4344 4744 4544 10 44* Sale 7 9 19* Sale 27 24* 14* 9* 34* ik 1 44 29* __ 884* 1504* 28 30 20 May 14 9Q4* May 22 1504* May 21 44* May 6 7 May 16 14* May 8 20 May 8744 May 1494* May Sale 4 4 May 7 7 9 May 19* 14* May 19* 20 91 Sale 914* 29 2 1 9* 344 244 194 4* Sale 2 May 13 2 44 May 3 46 Feb. 21 434* Apr. 24 84* Mar. 29 2 k Mar. 15 2 4* May 2 44—Ma-y-29 104* Feb. 25 14 4* Feb. 14 1944 Apr. 12 254* May 28 17 Jan. 3 54 44* May 13 9 344 Jan. 124* Jan. 18 13 Jan. -11 16 44 Apr. 1 23 Jan. 13 4 36J4 Jan. May 14 94 Jan. 544 Sale 1544 164* 1044 11 184* 1844 1044 11 Sale 5 34)4 Sale 844 Sale 444 444 1844 Sale 1944 Sale 1844 Sale Sale Sale 1844 Sale Sale Sale 14 44 3444 Sale 64* Sale 444 5 1444 1544 7 1044 56 110 12 Sale 28 1244 Sale 23 "64" 59 44 110 70 72 444 Sale 13 8 1544 10844 1894 Sale Sale 88 Sale 1544 14* 11 "2,600 20 De Mets Inc preferred ...* 3,725 Dexter Co (Tne) common....5 650 1,535 Diamond T Motor Car com..2 19* 2 8 11 19 8544 % 544 4* 33 k 164* May 13 74* May 26 14* May 24 12 May 5 13 May 26 3 May 17 44 May 2 194 May 3 164* May 74* May 14* May 124* May 13 May 34* May 44* May 204* May 104* May 21 184* May 7 May 26 87 16 k May 27 82 it* 14* 214* Sale 28 44 May May 29 9 Jan. 16 2 4* Jan. 354* Jan. 23 9 3 4* Jan. 10 14* Jan. 29 4* Apr. 54* Jan. 44 Jan. 2H Apr. 5 244 4* May 6 May 12 Jan. 60 May 19 44 May 29 62 May 7 44 May 29 110 May May May May May May May May May May 27 7 10 10 6 21 15 6 1 21 44* May 14* May May May 174* May 109 May 144* May 91 May 16 May 24* May 84* May 20 2 1 21 6 71 84* 584* 44* 14* 38 264* 24* 64* 44* 14* H 124* 174* iiB 3 29 2 6 14 15 14* 2 44* May 9 324* Apr. 21 6 Apr. 28 444 Feb. 10 144* May 26 16 Apr. 18 164* 7 4* 14* 104* Jan. 20 May 26 May 24 Jan. 2 13 Mar. 20 3 May 17 44* Feb. 19 194* Jan. 2 104* May 21 174* Feb. 21 May 26 82 46 Feb. 5% Jan. 105^ 54* Apr. 17 Jan. 6 Jan. Jan. Jan. Jan. 2044 Jan. 10 18 Jan. 22 214* Sale 15 204* 8 44* 5 9 7 - - - — 444 8 204* 21 214* Mar. 2144 May 21 8 54* Jan. 8 214* Jan. 15 144* Jan. 21 Jan. 954* Jan. Mar. Jan. Jan. 84* Jan. 214* Jan. 14 l" Jan. Mar. Jan. Jan. Jan. 73 Jan. 44 Mar. % Feb. 274* Feb. 30 Jan. 20 Apr. 44 Mar. 6 7 74* May 13 May 26 444 May 13 8 May 8 May May May May Feb. May 374* Feb. 2444 May 1 k Jan. 544 Feb. 5 Jan. 24* Jan. 13 14 4 14 3 2 18 14 28 10 10 8 Feb. 1 30 Jan. 10 24* Feb. 11 64* May 21 Jan. 23 Mar. 10 Mar. Jan. Jan. Jan. Jan. Jan. Jan. Feb. Feb. 174* Mar. 10844 Apr. 13 Apr. 8044 Jan. 15 May 14* Jan. 84* May 13 2 11 24 6 15 8 May 14 Jan. 17 14* Jan. 11 9 Jan. 9 Feb. 17 194* Feb. 19 24 Jan. 7 4* Feb. 22 4t Jan. Jan. 29 11 7 6 9 38 444 Jan. 144 Jan. 4 4 28 10 1124* Jan. 28 73 Apr. 17 94* Jan. 29 724* Jan. 2 1074* 7044 84* 554* 344 14* 11 4 744 2 8 944 Jan. 11 24* Jan. 11 13 4* Mar. 12 154* Jan. 14 4 Jan. 15 47 14* Apr. 22 2044 May 2 May 13 24 214* 21 28 3744 844 5 9* 184* 7 26 9 8 44 Jan. 1124* May 13 May 544 May 16 May 104* May 4* Mar. 12 15 104* May 2 1944 Apr. 5 12 May 14 6* Jan. 32 60 11 444 Mar. 15 44* Mar. 10 28 94* Feb. 21 16k May 27 10 17 46 Feb. 26 15 H Apr. 20 1074* May 70 7044 May 8 84* May 84* 55 554* May 5544 4 May 34* 4 1 14* 14* May 38 39 44 May 244* Sale 2444 May 2 May 24* 24* 6 Sale 54* May 14* 11 May 7 184* May 7 May 14 4* 2844 Sale 124* 60 604* 44 24* 44* 14* h 134* 24 6 26 14 24 17 May 5 May 12 May 23 May 13 34 May 1 5 k May 9 17 May 23 114* May 6 May May May May "1344 16 18 May 109 109 May "14" 144* Sale" 134* May 9244 864* 89 89 May 15 1644 16 15 May 2 2 2 24* May 8 944 84* May 944 Sal* 13 9 46 5k 46 1124* 4* May 54* May 4* May Sale 107 May 39 32 May 544 544 May 16 May 1744 104* May 114* 44 644 H 44 11 May 2 4 4* May 9 334* May 27 64* May 1 5 May 1 144* May 26 1644 May 8 544 May 1 1544 May 14 104* May 2 1844 May 3 12 May 14 0 May 1 36 May 7 74* May 28 54* May 13 154* May 21 174* May 6 544 May 1 1544 May 14 104* May 20 1074* 115 8 844 58 5744 44* 444 14* 14* 44 3544 264* Sale 24* Sale 544 Sale 1844 11 244 108 VA 1044 344 444 2044 8544 Sale^ k Sale 804* 185 7 Sale 16 444 1944 109 Sale 544 H 110 14* Sale 4* 3 18 6* 5H H 1 1144 11 MJ... 2 14 1444 Sale 744 13 34* 444 2044 44* 1944 106 34 2 7 14 3 Sale 43 744 2144 Sale 17 13 Sale Sale 944 Sale Sale 24* 4244 174* 1644 Sale 20 6944 244 164* 144 Sale Sale 15 12 18 6* 14 1244 85 7144 844 7144 444 244 3544 ,2944 144 544 10 2 144 644 164* 1144 16 44 17 11 1144 444 444 344* Sale 7 744 44* 544 10 12 Sale 115 16 17 744 Sale 111 >214* Sale 17 1644 5 1444 13 1684* Jan. 0 54* Jan. 25 34* Jan. 4 3 4 7 20 Jan. 8744 May 1494* May 4 May May 4* Jan. Apr. Apr. Mar. ?* May 16 344 May 28 4* May 244 May 534* Jan, 51H Jan. l»56 Mar. 21 ... 5 19* 1 Preferred 20 ..100 120 Deep Rock Oil Corp conv pref. * Deere & Co common 2,483 .....I* For other footnotes see page 54. Highest Sale Prices 114 44 Mar. 25 1144* Mar. 25 9 19 88 150 37 Sale _ 150 Chicago Towel Co conv pref..* Common capital... 180 ..* 3,380 Chicago Yellow Cab capital--* 2544 Sale 10 8 * Equipment Co com Asbestos Mfg Co common Truss 31 11 Sale 9014 16 * 3,100 Brown Fence & Wire clA pfd. * 744 2 3,200 Common 1 11,900 Bruce Co (E L) common 5 1044 440 Bunte Bros common 10 1544 4,150 Burd Piston Ring common 1 344 13,591 Butler Bros common 10 444 4,316 5% cum conv pref 30 1944 {Campbell Wyant & Cannon 1,310 Foundry capital 2,150 Castle & Co (AM) common.10 6,370 Central 111 Pub Serv pref | Central 111 Secur Corp— 3,750 Common 1 5,850! Convertible preferred... * 14,800,Cent & S W Util common.. 50c 1,010 Prior lien preferred * 106 1,890 Preferred * 3844 1,090 Central States Pr & Lt pref—* 644 1,180 Chain Belt Co common......* 2044 1,800 Cherry Burrell Corp com 5 1244 inn Chicago Oitv & Hon Rv nr. nf * 100;Chicago City & Con Ry pt pf. ^.000 Chicago Corp common......1 1 8,400 Convertible preferred * 2744 100 Chicago Elec Mfg class A * 1244 2,700 Chicago Flexible Shaft com..5 6644 40 Chicago Rys part ctfe 1 100 44 344 244 1144 114* 1644 2144 2644 2.44 224* 980 Brach & Sons (E J) capital 20 3 41' 15 25 590 Backstay Welt Co common * 300 barber Co (W H) common 1 1,585 Barlow & Seelig Mfg A com..5 6,150 Bastian-Blessing Co common.* 5,800 Belden Mfg Co common 10 4,350 Belmont Radio Corp * 28,877 Bendix Aviation Corp com 5 12,950 Berghoff Brewing Corp 1 1,350 Binks Mfg Co capital 1 5 2,663 Bliss & Laughhn Inc com 24,409 Borg-Warner Corp common..5 50 10 11 550 Automatic Products 200 3 9* 35* 1244 124* 4844 4544 9 214* Com. .10 1,750 Automatic Washer common..3 32,114 Aviation Corp (Del) 3 74,110 Rights 17,450 Aviation & Transport cap 1 4,596 34* d -47.44 4344 Allied Laboratories common..* 3,800 Athey "190 Highest Sale Prices 11244 1129* Allied Products Corp Class A conv Lowest Lowest Ask Ask Bid Btd par com 950 Associates Invest Co "400 1174* Adams (J D) Mfg common—♦ Adams Oil & Gas Co com....* Abbott Laboratories 80 Altorfer Bros 210 4,987 4,300 117 Acme Steel Co common—..25 4,142 Allis-Cbalmers Mfg Co 720 Ask Sale Prices May 31 May 1 Bid 1,600 Com'wealth Edison deb 3 4*s '58 Shares 1 Jan. 2 Since Shares RANGE SINCE JAN. IN MAY Price STOCK In May 13 May 26 6 Jan. 9 29 99* Jan. 99* Jan. 10 10 CHICAGO June, 1941] AGGREGATE STOCK Tn Jan. 2 STOCKS Jan. 1 Shares Par 1,750 850 337 15,050 9,600 12,600 1,862 Household Till 550 2,050 650 50 239 250 500 765 9,350 33 14 15 3 16% 3% 10% 14% ,_15 1 28 Elgin Nat v\atch Co tEversharp Inc common Morse Fairbanks common...* * <& Dock Co common... Drive Auto 10 5 2,700 Fox (Peter) Brewing com 1 11,450 Fuller Mfg Co common.. 3,900 Gardner Denver Co common >3 cum conv preferred 20 100 1,929 General Amer Transp com—5 .5 400 General Candy class a 4,410 General Finance Corp com.. 4,600 Four-Wheel * 5,065 General Foods common 51,084 General Motors Corp com 10 2,426 General Outdoor Aav com__.' 605 70 ""562 Class a.. 3,662 Gillette Sale 2% 2 45% Sale 4 29% 2% 35 Sale 30 ' .... Safety 8 33% 11% 15% 28 % x Lowest Highest Sale Sole Prices Prices 12% 18% Sale 2 2% 34 35 0% 5% 11 11% May 28 May 20 May 1 29% May 2% May 36 May 3 6 6 4 3% May 19 28% May 21 2 May 8 34 % May 21 6 6% 24 21 17 19 3% 5 4% 17% 7% 6 6% 5% 16 61 54% Sale 10% 11 2% 2% 38 % Sale Sale 48 4% 4 9% 1% 35% 37% 3% 48 10 6 19 20 4 17% 21 3% 4% 16 17 02% 02% 49% 50% 9% 10 1% 2 35% 36 36% Sale 3% 3% 02% 40% 3% Sale ^ 2% Sale Sale 4 2% 3 2% 1,400 3,000 Sale 318 7,050 22,350 3 113 100 '370 50 2 000 950 7^250 250 1,000 110 '760 100 870 200 500 6% 16% 9% Sale 15 Sale 13 8% Inc common.. & Hub com Gossard Co (h w) common.. Great Lakes Dr & Dk com— Hali Printing Co common 10 Hamilton Mfg cl a part pref.10 Harnischfeger Corp common. 10 Heileman Brewing Co g cap.. 1 Hein Werner Motor Parts._ .3 Hibb Spencer Bartlett com..25 Horders Inc common * Hormel & Co (Geo a) com—* 3,100 Goldblatt Bros 4,854 Goodyear Tire 475 26 8 29 3 22 21 2 8 21 33% 36% 3% 7% 6 May May May May May May May 1% May 36% May 40 May 4 May 5% May 19 18% May 6 3% May 16 16 May 27 62% May 23 48% May 2 9% May 7 1 % May 7 35% May 28 36% May 5 3% May 15 20% 4% 16% 62% 50% 9% 22 7 8 8 23 2% Sale 0% 10% 7% 17% Sale 15% 13% 8 14% 13% 7% 7% 8% 9 8 6% 9% 9% ~7% 8% 7% Sale Sale 32 12% 32 8 7% 10% 8% Sale 14% 9 8 8% 8% 38% 7 8% 7% 30 30% Sale 33% 13 14 30 32 6% May May 8 May 14% May 12% May 9 May 7% May 8 % M ay 7 May 38 May 12% May 31% May 16 6% 17% 9% 15% 13% 5 27 27 28 15 5 12| 3 i 61 8 1 26 27 23 2.1 Class b * Hubbeli, Harvey, Inc com—5 hupp Motor Car common 1 2^950 Illinois Brick Co capital 10 18,233 Illinois Central rr com—100 3,400 Indep Pneum Tool s t c new..* 7,040 Indianapolis Pr & Lt com * 3,610! Indiana Steel Prod com 1 Sale 10% 10% 18 16%, 18 51% Sale 2 % Sale 1,550 5,169 Internat Harvester common._ * 10 Interstate Power $7 pref * $6 preferred 140 * * 300 Iron Fireman Mfg Co v t c -.1 8,286 Jarvls (w b) Co capital 100 550 Joslyn Mfg & Supply Co com.5 50 1,150 1,000 3,525 1,400 710 500 6,005 800 , Sale 6,847 3% Sale 27% Sale 3% "Sale- —560' 863 30 50 1,900 700 130 210 10 9,900 Katz Drug Co i common * 8,080 Kellogg Switchboard com 100 1c5 3% 70 250 3,907 350 120 50 200 4.104 755j 1,000 40 3,088 155 1,650 120 700 10,650 300 2,650 4,750 5,650 4.100 1,300 2.470 16,650 2,100 250 200 40 5 * * Sale Sale iif £H 2?* 7 57,072 Libby, McNeill & Libby com. 7 * 3,550 Lincoln Printing Co com $3.50 preferred * 620 Lindsay Light & Chem com..* 2,350 Preferred..: * 200 7 6,282 Lion Oil Ref Co capital 1,859 Liquid Carbonic common 6.700 Loudon Packing common 650 Lynch Corp common * * 5 5,850 McCord Rad & Mfg "a" * * * McQuay-Norris Mfg com 2,450 McWilliams Dredging Co com * 200 Mapes Consol Mfg capital * 7% Sale 1 1% 16 % 6% ..... 101* 16% 1 % 20% 9 Sale 14 % 1 8,100 5.000 1,550 7 % prior lien 7% preferred a 6% preferred a 16.310 Miller & Hart Inc conv 100 100 100 pref.24 Common stock v t c 16,650 $1 prior preferred 2,100 1.100 Minneapolis Brew Co com 1,300 Modine Mfg common 6% 27 27 $2 cumul part pref * 6,70i. Mickelberry's Food Prod com.l 58,200 Middle West Corp capital 5 7,950 Midland United Co common.-* Convertible preferred a * 40,100 6,550 Midland Util 6% pr lien—.100 47% 40% 101% 103% 4% 4% % 3% 25% 5% 5% % 19% 7% 11 % 28 3% 27 4% 6% 4 3 3 4 29% 5% Sale k. 4 h 3% Sale % % 9% iH 4 27 0% Sale 1% 20 7% 14 Sale 13% 1% Sale 18 2 10% May 12 10% 17% May 22 17% % May, 8 % %6 2T--S 2% "2% May, 21 8 7% May 16 8% 23 21 21% May 20 23 19% 18% May 20 18% Sale 3% 3% May 12 3% 3% "69"%™'70"%* ~69-%"Mar~i5- 71 % 49% 43% May 3 49% 48% 2 % 1 1 1 May 9 1 2% 15% 15% May 13 16% 15% 11% 10% May 1 10% 10% 40 38 May 8 45 38 4% 4% May 13 4% 4% 7 Sale 7% May 26 7 100 May 1 100 99% 100 46 45% May 8 45% 46 100% May 8 100% 100% 4% 4% May 14 4% 4% % % May 26 % % May 21 % 3% 4 3% May 5 3% 26 25 May 24 25 26% 6% 6% May 7 7% 6% 5 5% May 23 5 5% 1 1 May 9 1 1% 21 19 20 May 20 15% 7 7 May 15 10% 11% 12 11 % May 20 7 15% 10 11% 12 May 1 11 13% 13% May 16 14% 13% 2 2 1% May 21 1% 21 13% % % 10% 10% 10% 17% % 2% 7% 25 3% % 3% 30 4% 4% % 5% 9% 9% % % Sale 5% 10% 10 % % 3% 26 % 4% 4% ... 16 15 % 10 1 * 700 Monroe Chemical Co com Preferred 40 * 6 20% 1 0% Sale 1% 44% * 35% * 37% Sale * 27 * * 5 Sale 20% 19 4% Sale 1 5% 7% 10 13 14 May 15 3% 26% 4% 4% %6 5% 5% 4 % % % 13% % 5% 5 23 23% 1% 24 22% 25 2 May 16 35 39 37* 32% 33 33% May 12 May 3 May 1 May 13 May 13 May 1 May 13 May 16 May 1 May 26 14% May 2 20% May 12 4 May 1 28 May 15 4% May 6 4% May 14 %6 May 23 5% May 17 12% May 21 12% May 21 % May 16 % May 22 15% May 22 1 % May 20 6% May 19 5 May 1 May 26 24 9 42 1% 35% May 15 May 7 May 6 May 5 May 23 37 6% Jan. 6 3 3 Jan. 17 5% Jan. 27 23 Jan. 27 63% Feb. 55% Jan. 4 10 19 4 4 6 6 24 47 Mar. 18 5 25 14 20% Feb. 14 Jan. 17 18 8 Jan. 20% 10% 17% 16% May Apr. May May Jan. Apr. Apr. Jan. May Apr. 45% 100% 3 % % 3% 25 9 8 Jan. 17 9% Jan. 9% Jan. 16 11 15 21 " "May" 20 Feb. 4% 8% 101% 50% 106% 4% i* Jan. Jan. Jan. Jan. Jan. 3 9 2 11 21 8 18 7 28 21 10 15 22 7 9 4 7 2 12 May 6 11% May 21 7 16% Jan. Mar. 29 2 Jan. 23 9 14% Feb. 18 37% .Tan, 29 8% Mar. 10 26 Apr. 9 Jan. 17 15% Jan. 27 Apr. 28 28% Jan. 4 % Apr. 29% Apr. 14 Mar. 25 May May May 7 6 5 Feb. 14 Feb. 3 Apr. 22 2 Jan. % Apr. % Apr. 21 18 Jan. 7 % May 13 5% May 16 5 Apr. 17 23 May 26 Jan. 37 Apr. 8 Apr. 5% Jan. 24% Feb. 10 10 Mar. 28 21 Jan. 3 10 27 8 1% Jan. 3 7 19 Feb. 13% 20% 3% 26% 4% 4% %6 3% 7 3 Jan. Feb. Jan. 11 A pr. Feb. 4 6% Jan 11 % May 9% Apr. 13 % May J % Feb, 18% Apr. 7 May 26 1 9 14 Jan. 5 16 22 9 21 14% Jan. 35 Jan 40 27% 7% Jan. 7% Jan. 6 3 11 16 Jan. Jan Mar. Jan. May 13% Jan 17% Jan. Jan. 7 100 1 May 20 Jan 14 5 27 27 18 20% Feb. 6% May 16 May 8 May 14% Feb. 11 % Apr. 4 9 3 1 16 8 26 26 21 12 12 7 13 9 8 15 6 21 1 8 May" 20 "7% May""9 20 % May 22 7 13 Jan. Jan. Jan. Jan. 35 7% 14% 12 Jan. 3* 27 8 27 11% May 15 3 45% Jan. Jan. %6 Mar. Mar. 2% Feb. 8% May 6%- Feb. 21 % May 29% Jan. 18% May 21% Jan. adr. 4 3% Jan. 69%-Apr-. 21—9g%' -Jan.53% Jan. 43% May 2% •Tan. 2% Jan. 1 May 2% Feb. Mar. 18 15% May Jan. 14 9% Apr. Jan. 38 44 Apr. 35 13% 4 4% Apr. 33% Feb. 28 2% 39% 48% 4% Apr. 15% Feb. 20 7% 20% 26% 28% 4% 4% 4% Sale %n % 5% 5% 4 5% 4% Sale % % % 13% Sale May May May May May May May 16 7 15 10 2 May 9 May 13 May May Jan. Jan. 4 6% Jan. 6 8% May May 29 37% Feb. 27 12% May 1 31% May 26 May ' 9 May 7 May 7 May 12 May 3 -May-10 May 28 May May May May May May May May May May May May 3 15 11 7 May 22 M ay. 9 17% 10% 32 7 Sale 20% May 18 - 36 14% 19% ' • 34" 20% * 460 2 22% "5H * 7% 10 Sale 38 com 4% Sale Sale 290 Masonite Corp common 14,800 Mer & Mfrs Sec cl a com 19.581 Marshall Field & Co Sale 6 10 40 100 Sale 17 Sale 4% 7% i* 10 950 Le Roi Co common 110 "*450 1 45% Sale Sale 6% preferred 2,800 Kingsbury Brewing Co cap 2,250 La Salle Ext Univ common 2,200 Leath & Co common Cumulative preferred 380 200 8 1,180 2,66o Kentucky Util jr cum pref..50 400 2% "17% 37 % 100 % 49 600 2% 12% Sale 4 Sale 1 42 % 100 410 43% 15% 10% Preferred 5,150 Ken-Had Tube & Lp com a__* 200 2 % 16 % %« % 3 2% 7% Sale 23% 22% 19% Sale 3% 3% "GSW -7m- 8 Jan. 7 Houdaille-Hershey— 640 16 14 3% Jan. 7 7% May 24 8% May 5 8 May 9 38% May 12 12% May 1 32% May 5 24 6 29 9% 5 6 25 9% Jan 34% Apr. 2% May 20 May 26 May 21 9 21 46% 1 % 6 May May May May Mar. 18 16 7 6 10 13 2% May 2% May 20 Jan. Feb. May Apr. May May Feb. May May Feb. May Mar. 62% 281 7 150 Godchaux Sugars Inc class a. 500 7% May 34% Apr. 11 Apr. 13% Apr, 3% Feb. 28% Jan. 2 May 34% May 47 7 6% *— Razor com... Highest Sale Prices Prices 6% 5% 18% 3% 8.1 7% May 7% May 26 Sale 37 Sale 4 2% 30% Lowest Ask 7 8% 35% 11% 15% Connell Dredge Fitz Simons & 400 450 37 13 (The)— Corp-.-_.6 Eddy Paper Ctrp el 7% 9% 34 * * 1,600 Dodge Mfg Corp common-. 450 1,3 50 9% Ask Bid Bid * 775 Dixie-Vortex Co common Class a 50 100 Ask Bid May 31 May 1 1941 Shares ""400 1 Price EXCHANGE Since 'may RANGE SINCE JAN. PRICES IN MAY CHICAGO SALES 53 EXCHANGE STOCK 29 May 20 3 2 5 % Feb. 6'' Jan. 7 ^eb. 14 Apr. 3 T* 12% 12% % % 15% 1 % 0% 0% May May May May May May May 2 21 21 16 22 22 20 19 Jan. 7 27% .Tan. 9 1 % Feb. 13 37 May 20 Montgomery Ward & co— 1,591 140 11,634 Common 410 Muskegon Mot Spec class a. 650 Nachman Springfilled com _ Sale 23 24 10 12 10% 12 35 37 35 37 31% May 5 23 May 27 11 May 24 35 May 14 11% 12 10% 11% 9% 4% 10% May 27 9% May 27 4% May 3 26 28 24 24% 5% 10% 7% 7% 10% 25% 6% 12 % 8% 8% 24% May 7 5% May 26 31% 24% * 980 20 National Battery preferred 505 Nat'i Bond & Invest com 5,183 National Cylinder Gas com 9% 35% 12% 1 11 250 1,700 Nat Pressure Cooker 2 3% 4% 10 29% 31% 30% 24% 24% 5% 10% 9% Sale 4% 50 20 215 National 650 800 450 3,750 256 2^150 100 70 250 130 30 """400 250 50 50 3,256 1,598 270 950 stock 5,373 Noblit i-Sparks Ind Inc cap—5 21,200 North American Car com—20 Paper Mills com—* 1,100 Northern 111 Finance com 3,506 Northwest Airlines Inc com 14,750 Northwest Bancorp com 300 Northwest Eng Co capital i~895 500 240 800 1,200 1,300 *©r 9 6 Sale Sale 10 12 * * 10% * * 12"" 10% 20 10% 18% 52 22% 59% 12 13 1,550 Parker Pen Co (The) com 750 Peabody Coal Co b com 130 6% preferred 10 5 100 13 45 50 Sale 25% 6 12% 10 800 Penn Elec Switch class a 200 Penn Gas & Elec a com 10 15 17 13% % 24% 39% 23% 5% 8% Sale 47 23,368 10,449 1,430 2,985 Poor & Co class b see page 54. "9% "10% 7 14% Sale % * Pennsylvania kr capital 50 Peoples Gas Lt & Coke cap. 100 Perfect Circle (The) Co * % % 23 sale* 36} Sale 25 Sale * 4 7% 19 63 55 8% 10% 5% 10 7 13 9% 8 11% % 12% 12% 2 a Sale 12% 9% 9% 2% 100 Sale 157 159% 50 31% May 23 May 9% Feb. 35 May 10% May 8% Apr. 4 .Tan. 7 5 27 10 39% 27 18 13 Mar. 5 11 Jan. 2 Mar. 10 % 1 8 May 20 8 May 26 10% May 31 19 May 22 58 May 7 6 May 17 10 May 20 5% May 2 May 23 28 25% May 13 6 May 2 9% May 8% May 19% May 58 May 8 May 10% May 5% May 8 6 1 22 7 7 13 2 May % May 8 14 10% May .12% % Sale 13% % 24% Sale 38 14 % 24 6% 22% 5% % % Sale e 9% 12 % 9% 80 78 76 79% 150 148% 152 1 6 Sale 2 151 Sale 46 50 14% % Sale 38% 23% 1% 1 13% % 23% 37% 23% 5% May May May May May May 28 7 21 13 20 28 9% May 26 13% % 25% 39% 23% 6% May 28 7 May May 12 1 May May 19 7 May 10% May May 24% Apr. 5% May 10% Jan. 8 May 8 May 10 Apr. 19 May 54% Feb. 6 May 10 May 5% May 27% Jan. 8 11 May 24 35 May 14 4% May 32 Jan 22 26 13 32% Jan 20 26 17 22 1 17 20 2 10% Feb. 1 Mar. 13 Sale 1% 6 11 Apr. % Jan. 15 29 Jan. 31 13% May % May 22 2% May May 31 76 78% May May 22 8 150% May 149% May 46 May 41% May 23 6 1% May 1% May 3 1 1 May May 2 Feb. 36% Jan. 23% Apr. 5% Apr. % Jan. 9% Feb. 7 Jan. 12 10% Mar. 12 .Tan. 14 veb. 28 13 Jan. 3 10% Apr. 30 Tan. 6 Apr. 13% Jan. 5 16 10 13% % May 14 50 Feb. 7 16 Jan. 28 % Feb. 8 A nr. 4 25% 43% Mar. 11 Jan. 22 27 8 Jan. % .Tan. 13 3 Jan. Feb. May 105 Jan. 160 Jan. Jan. 57% Jan. 2 8 16 3 13 Mar. 24 148% Mar. 41% May % Jan. 8 23 63 10 1 9 7 10 22% .Tan. Feb. 76 9 Mar. 19 8 1% Feb. 10 11 10 10% 24 8 11% May 6 % May 13 47 1%i % 1 45 11% % 11% % 10% 5% May 12 8 12 Sale 45 % 8 5 6% Sale 20% 57% 20% 58 1 12,125iPressed Steel Car common—1 100 5% cum conv 1st pref. 5 1,850 Process Corp (The) common. .* 6,210 Quaker Oats Co common * 1,3301 Preferred 100 1,500 Hath Packing common 10 5,550 Raytheon Mfg Co com 50c 7,4no 6% preferred 51 footnotes 9 9% 4% 8 Sale 1,190 Nor West Util pr lien pref.. 100 7% preferred 1,560 . 100 2% 150 Nunn-bush Shoe common 6 255 Omnibus Corp common * 48 Ontario Mfg Co common 850 Potter Co (The) common ""400 Sale 33% May 21 24% May 6 11 May 24 35 May 14 11% May 8 10 May 9 4% May 7 Standard— Common 450 Northern "350 com 11% 37 13% Feb. 1% Jan. 7 15 10 27 23 54 CHICAGO AGGREGATE SALES In PRICES IN MAY CHICAGO STOCK EXCHANGE Jan. 1 Share* 10 Shares 630 Reliance Mfg Co common—10 Preferred —100 40 2,921 400 50 50 150 350 1,927 543 300 5,624 349 2,100 450 1,031 800 2,060 * 14 "bI| "~65 5 v 9,307 4,952 2,697 53,895 2,795 8,150 2,850 5,400 250 10 650 1854 31 50,066 11,965 9,396 3,130 3,050 350 750 10 29 1754 5 12,560 Sunstrand Mach Tool com Swift & Co capital stock25 Swift Internaclonal capital- -15 Texas Corp capital 25 Thompson (J R) common 2 Trane Co (The) common 25 1,800 8,865 1,979 2,211 150 754 68 354 29 k 18 Sale 34 H Sale % 1 23,340 Stand Oil of Ind capital—-.25 70 Stein & Co (A) common-——* 1,150 Sterling Brewers Inc common. 1 20,143 Stewart-Warner Corp com—5 1,700 Storkline Furniture com—10 2,695 300 - Union Carbide & Carbon cap. United Air L Transp capital-.5 U S Gypsum Co common -20 United States Steel common * 7 % cumul preferred 100 Utah Radio Products com. 1 Utility & Ind Corp common Convertible preferred 6554 1254 13% % 97X 12 7% 6 54 36 29 Sale Wieboldt Stores Inc com— 2,160"" * ' Cum prior preferred 60 Williams Oil-O-Matic com. 8,650 Wisconsin Bankshares— X* X 1* AH 11854 k Me 154 x Lowest Highest Sale Prices Sale Prices 954 May 12 954 May 12 IX V Sale S74 754 6 31. 21 18 39 May May May 6854 May 354 May 2954 May 14 May 7 30 6 10 23 1 31 16 2 May 26 May 14 May 2 1354 May 23 154 May 13 5 65 2754 3 19 May May 754 May 72 May 354 May 2954 May 14 May 20 10 12 22 2 16 2 3254 May 12 554 May 8 65 May 13 54 May 2 6 , 154 May "Mar "I '3054 "May~"7 3154 Sale 1854 3954 454 954 354 954 254 Apr. 17 19 654 May 28 654 May 28 29 1954 1754 3754 454 954 May May May May 1 5 8 3 May 23 6754 Apr. 23 154 Feb. 25 3 2854 Mar. 13 Feb. 27 14 54 Apr. 8 6 Apr. 25 Mar. 24 Apr. 22 65 Jan. 30 1254 Jan. 9 154 Apr. 15 54 Jan. 22 2554 Mar. 5 May 12 May 20 10 6954 1054 5854 5554 11954 6854 6954 6454 May 954 May 954 10 5354 May 5654 58 May 5254 5354 51 Sale 11954 11654 11754 11754 May Sale 54 May l Sale Mf May 154 May 154 154 66 11% 58 12 14 10 22 6 6 May 22 May 5 May 24 May 13 May 7 154 May 29 Me May 1 154 May 21 Jan. FeD. 1954 1754 34% 454 954 May 5 Mar. 4 Feb. 10 May 12 May 20 36 2454 1954 4054 654 12 6154 954 5354 4954 Feb. May May Apr. JON m 117 19 Feb. 32 Sale 18 19 20 2054 20 89 1 * 7 Sale 454 15 2 254 4 454 Sale Sale 1254 1354 1 7 2 1954 May 1754 May 24 May 21 454 4 65 4 1154 May 29 90 90 454 May 1 354 May 29 63 May 24 354 May 13 1054 May 19 454 454 6654 454 May 12 154 May 5 May 12 254 May 29 13 May 10 May 9 May 5 May 7 May 1 24 2 8 31 8 11 10 27 2 28 7 31 13 10 2 27 14 22 4 22 Jan. 6 Jan. Jan. Jan. Jan. 9 8 6 13 & Jan. 34 / Janv 3954 Jan. 18 14 2 2254 Jan. 2 1854 Mar. 13 24 May 21 10154 Jan,„....4 7 Jan. !0 93 Feb. 3 354 Mar. 19 454 Mar. 3 354 May 29 63 May 24 354 May 13 1054 May 19 7954 Jan. 13 554 Jan. 10 3 15 54 Apr. 1754 Apr. 22 1554 Apr. 22 19 Feb. 13 MJUL2Z 7 95 Sale 454 354 6254 354 1054 454 Sale 454 454 6954 6754 Sale 454 Sale 78 X 90 95 154 1854 May 1654 May 2054 May 8 7 654 90 5H -.2 15 1654 2254 2354 "fi—J85L .89, 654 91 Sale 1954 Sale 1854 1654 2054 1854 1554 2 28 23 154 May 29 Apr. 18 Jan. 30 3954 Jan. 2254 Jan. Jan. Jan. May Jan. Jan. 130 54 Mar. Me Mar. 154 Feb. 41 8 11 11 654 May 15 29 34 ... common... 3 54 Jan. 30 654 Apr. 23 554 Apr. 15 8 654 May 15 May May May May May May Mar. 2954 54 9954 454 7 54 May 3154 2154 1854 4054 454 4 54 Jan. 2254 Jan. 954 Jan. 7854 Jan. 354 Apr. 30 Jan. 1554 Jan. 18 Jan. 3554 Jan. 54 Jan. 10054 Jan. 654 Jan. 70 Jan. 1454 Jan. 2 Jan. 1 Jan. 3054 May 1254 Jan. 54 Mar. 854 Jan. Apr. 21 7 12 1254 1 1054 54 Sale 2 % 19 954 Apr. 30 1054 Feb. 20 10154 Feb. 19 102 Apr. 17 29 6 * Wrigley (Wm Jr) Co capital. Yates-Amer Mach capital- -.5 Zenith Radio Corp common No par value. 14 56% ,$24fWest "house El-& Mfg com—50. 1033£.,10A% J...87..., Woodall Indust 13 65% 51 Highest Sale Prices 38 — Common. 554 70 1454 154 154 54 54 2854 Sale 70 67 69 54 Sale 127 X 128 X 1 Sale 1454 1554 3054 154 54 9554 554 6554 5 6954 Sale 1654 Sale 11 30 1354 2054 Sale 17% 1854 3754 Sale 4% 5 9H 10k Sale 3 19 754 6954 Sale 30 2254 Sale 17 54 Sale 3954 Sale 554 6 54 1154 Sale 7 * 10,130 Walgreen Co common 196 Wayne Pump Co capital... -.1 3,663 Western Union Teleg com.. 100 8,200 3,800 4,262 4,74s 7,299 354 1054 12% k l 614 Sale 5k 6% Sale 5% 69 5% 28 12** u Lowest — 29 13 .— 1354 IX X 54 1H 26 X Sale 254 17 654 Sale 65 67 12 Sale 2 5 Vikinf Pmnp Co common--..* Preferred 954 10154 3% 19 8 68 H 3% 32 15 X 15X 17 X 7854 Sale 1% 154 26 — 5",386 1,050 2X 2*3* Sale 9 —2 4,305 Spiegel Inc common— 1,255 St Louis Nat Stockyards cap-.* 2,150 Standard Dredging Corp pref20 Common. -1 6,350 *>Q Standard Gas & Elec com-—* 105 45 874 4 — Common 900 315 -297 !8.!!L 450 Sivyer Steel Castings com— 7,500 South Bend Lathe Wks cap-.5 6,500 South Colo Pow cl A com—25 510 Southwestern Lt & Pow pfd. r.ioo - 9 101 Mills— Co common. 2,600 Schwitzer Cummins capital-16,123 Sears, Roebuck & Co capital— * 4,700 Serrick Corp class B common-1 770 Signode Steel Strap Co pf-—30 400 Ask 10 Ask Bid Bid Ask Sale Prices May 31 May 1 Bid 2,600 Sangamo Elec 200 1,322 1941 Par 600 150 900 'STOCKS Rollins Hosiery Common 4,250 RANGE SINCE JAN. 1 Price Jan. 2 Since May EXCHANGE STOCK 554 Feb. 13 90 May 12 1 Jan. 554 Jan. 14 Jan. 3 5 Ex-dividend. Securities Called for Redemption The following tabulation indicates alphabetically Corporation bonds and stocks which are being prepaid in their entirety. BONDS BONDS American European Securities Co. 5s, series A, due 1958, July 1 at 103. Athens Railway & Elec. Co. 1st & ref. 5%, due 1950. July 1 at 110. (Concluded) Northwest Publications, Inc. 1st sinking fund deb. 454s, due 1948, Panama (Republic) ext. sinking fund 554s, due 1953, June 1 at Atlanta Northern Ry. Co. 1st 5%, due 1954, July 1 at 110. July 1 at 10254. 102. Atlanta Water & Elec. Power Co. 1st 5%. due 1943. July 1 at 105. Peerless Cement Corp. 1st 5s, series A, due 1948, July 2 at 100. Bedford Pulp & Paper Co. Peoria Water Works Co.—-1st & ref. 5s, series A, due 1950, July 1st 654s, due 1942, June 1 at 105. Bryant Paper Co. 1st 6s, series B, due 1948, July 1 at 103. Butler Water Co. 1st 5s, series A, due 1957, June 6 at 105, Canadian Pacific Ry. 454s, due 1944, June 15 at 10054 (Canadian Funds). Central Hudson Gas & Elec. Corp. 1st & ref. 354s, due 1965, June 1 at 105. Cincinnati Newport & Covington Ry. Co. 1st & ref. 6s, series July 1 at 103. A, due 1947, Columbus Elec. & Power 1st & ref. 6%, due 1947, June 1 at 103. Consolidated Press conv. deb. 654 % . due 1949, June 1 at 103. Eastern Massachusetts Street Ry. Co. ref. 5s ser. B, due 1948, July 1 at 107. Famous Players Canadian Corp. Ltd.— 1st mtge. and coll. trust 354s series A, due 1942, June 1 at 101. 354s, due 1948, June 30 at 103. Florida Power Corjp. s. f. deb. 5s, due 1946, June 6 at 102. Grand Rapids Operating Corp. 1st ext. 6s, due 1942, July 1 at Indiana Gas Utilities Co. 1st 5s, due 1946, July 1 at 10254. 100. Iowa-Nebraska Light & Power Co.— 1st lien and ref. 5s series A, due 1957, June 4 at 10254. Keith (B. F.) Corp. 1st 6s, series A, due 1946, July 7 at 191. Mackintosh-Hemphill Co. 1st conv. cons. 5%, due 1953, July 1 at 110. Mendoza (Province of) Argentine Republic— 754s (stamped and unstamped) due 1951, June 1 at 100. Morgantown Water Co. 1st 5s, series A, due 1965, June 28 at 105. North American Car Corp.— Equipment trust 4 54 %. due 1941 to 1947, June 15 at 102. 101. Richmond-Washington Co. 4%, due 1943, June 1 at 105. Rome Ry. & Light Co. 1st 5%, due 1946. Oct. 1 at 105. Santa Barbara Telephone Co. 1st 354s, series C, due 1966, July 1 at 106. Tennessee Eastern Electric Co. 1st 5s, due 1943, Aug. 1 at 101.44. Refunding 6s series A due 1955, Nov. 1 at 105. Van Camp's, Inc., 1st mtge. 6s, due 1943, July 1 at 100. Virginia Hardwood Lumber Co. 1st s. f. 6s, due 1942, June 1 at 10054 Westmoreland Water Co. 1st 5%, due 1952, June 1 at 101. Wichita Water Co.—1st 6s, series A, due 1949, June 9 at 102. 5s, series B, due 1956, June Oat 101. 5s, series C, due 1960, June 9 at 103. Williamsport Water Co. 1st 5s series A, due 1952, Aug. 1 at 102. 5s, 1951, June 1 at 10254. Macon Gas Co. 1st mtge. 454s, due 1952, June 2 at 104. Macon Ry. & Light Co. 1st Power Securities Corp, 6s (American series) due 1949, June 1 at Southwestern Public Service Co. 1st 6s, series A, due 1945, June 1 at 10254. Delaware Electric Power Co. 554s, due 1959, July 1 at 10154. Firestone Tire & Rubber Co. deb. 22 at 101. Prior lien 5s, 1948, Nov. 1 at 10254. 1st consol. 4s, due 1948, Nov. 1 at 105. 1st consol. 5s, due 1948, Nov. 1 at 105. STOCKS Budd Wheel preferred, June 26 at 120. Cincinnati Union Terminal Co. 5% preferred July 1 at 105. Foote Bros. Gear & Machine 5% preferred. July 1 at 10. Loose-Wiles Biscuit 5% preferred, July 1 at 105. North American Rayon, 6% prior Sun Oil Co. 6% preferred preferred, July 7 at 50. (unexchanged shares), June 1 at 115. « • • J Baltimore Stock Exchange MONTHLY AND YEARLY RECORD r , RANGE OF PRICES ON 1941 Stock Sales May Jan. 1 to May 31___ 1941 Jan. 1 to May 31 AOQREQATE PRICES BALTIMORE STOCK EXCHANGE SALES In Jan. 1 22,700 482,000 139,500 59,500 4,000 5,000 14,000 -—2,000 1,000 2,000 2,000 5,000 5,500 5,000 - - - 1975 1975 39% 40% 1 Ask Sale 49 48%. Sale 1009* 102 103 100 100 1947-i ...1948 1949 1950 100 100 ^ 5% 5% 5%-- Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices May 29 ~4l" Sale" ~40" Sale" "§8"~ May"27 %—1947 1945 -.1945 Ga Sou & Fla 5% Interstate Bond Co 5% 5 ~34% Sale" ...1975 . Finance Co of Amer 4 • y Ask Bid Bid 84 - flat... B 5s Ask • Certificates of indebt 5 % Bait Transit Co 4s flat A 5s May 1 1941 Bid BALTIMORE CITY BONDS- 2,000 RANGE SINCE JAN. IN MAY Price BONDS Atlantic Coast Line Conn 123,000 26,700 3,500 4,000 1,000 1,000 $279,800 1,348,500 Jan. 2 Since May 1940 $161,200 837,200 Bond Sales May 65,603 243,916 26,911 139,792 Shares. BALTIMORE STOCK EXCHANGE 1940 100 - ----- —~ 100 100 41 47% May 29 4994 100 May 12 101 10294 May 2 10294 659* 659* May 16 1019* May 21 1019* 100 May i 40 100 —- 102 May 5 1029* May Jan. 5 Md & Pa 4% 1951 6% 1963 Seaboard Air Line Ry 4% .1950 8894 Mar. 7 14 Apr. 30 41 4994 May 2 13 Feb. 25 3 102 10294 May 2 6494 Apr. 15 101 Feb. 25 102 Apr. -9 102 Apr. 15 102 Mar. 17 102 May 5 52 Feb. 28 50 Apr. 7 9% Mar. 1 .... - Jan. 100 100 100 Jan. 33% Jan. May 2 May 5 May 2 May 16 May 21 10294 May 2 659* May 16 102 23 Apr. 9 Apr. 15 Mar. 17 Jan. 102 . 102 102 1029* May 5 5294 Mar. 11 51 Mar. 24 99* Mar. 1 i Shares — P*r 682 Atlantic Coast L (Conn) 3,045 liait Transit Co com vtc 814 883 102 324 475 * *709* 100 109 J* 770 5 125 669 Finance Co of Am class A 121 ~~59* 17 ...... 148 Sale 7% 91 798 Sale 100 Davison Chemical Co com 1 4,715 Eastern Sugar Assoc com v.fc.c.l Preferred v.t.c.. 1 2,007 2,668 Fidelity & Deposit 20 1,228 Fidelity & Guar Fire Corp 10 120 2i% 100 60c 16 35 Mercantile Trust Co 1.05 139 107 Mt Vern-Woodb 39 81 249 "547 1.75 66 f7« 1 1.05 71 70 17 X 1.10 17" ~17% 75 21% Apr. 8 May 42c Feb. 28 May 189* May 15% May 60c May 14 20% May 13 16 May 10 Sale Sale 169* Sale 1.05 Sale 97% 969* 250 28 29 May May May 2.50 May 72 % May 28 16% May 1.05 May 969* May May 16 May 1 289* May 14 2.55 May 5 75 May 14 12,945 U S Fidelity & Guar No par value. x Ex-dividend. Sale 50" IIIII 51 52 9 21X 20 y Sale 21X Sale 33 (Continued from page 18) pound at the outset of hostilities, the London authorities and those of all countries in any way allied to continued efforts their to conserve sterling and increase their dollar resources. For months previous to May it had been the policy of the British authorities to keep the larger part of British foreign trade under strict control by entering agreements whereby all payments were ling made to "special," "registered," or "ster¬ accounts. Payments involving trade with the area" 10% 21% Sale 34% May 26 Treasury. account lished to be financed with sterling did not involve the use of foreign $4.03 and $4.03% for cable transfers, as compared with the April range of $4.00% to $4.03%. Official rates quoted by the Bank of England continued New York, $4.02%@$4.03%; Canada, $4.43@ $4.47 (Canadian official, 90.00c.@90.91c. per United States dollar) ; Australia, 3.2150@3.2280; New Zealand, 3.2280@ unchanged : 3.2442. • American commercial tinued unchanged at In London bank rates for sterling con- $4.02 buying and $4.04 selling. Germany, Italy In New York exchange was not quoted on the invaded European coun¬ tries, but German official marks were pegged in a nominal market at 40.00, while registered marks ranged between 11.85 and 15.00. Italian lire were pegged in New York at or any 5.05 exchange was not quoted on of the invaded European countries. until May 27, when May 21 Mar. 19 Mar. 20 120 % Jan. 3 Jan. 32% Apr. 28 9 Jan. 13 9 Mar. Jan. 29 3 Feb. 50c Feb. 15% Feb. May 15% 1.60 Feb. 245 Jan. 15 Feb. Mar. 10 15 May 24 8 May 14 7 42% Feb. 60c May 14 May 13 20% May 10 16 175 Apr. 18 255% Apr. 25 29% Apr. 15 27X Apr. 2.25 Feb. Jan. 70 47 X Mar. 29% Jan. 29 Apr. 22 76 Apr. 1 489* Mar. 26 3.75 8 8 15 Feb. 5 Mar. 11 Feb. 18 16% May 1.00 Feb. 1.15 Jan. 97% May 28 95% Mar. 97% Jan. 52% May 19 Mar. 51 May Feb. 10 May 21 22% May 9 34 % May 10 40c 57 4 87% Feb. Apr. 24 Apr. 9 May 20 % May 75 33% Feb. 34% Feb. 11 12 Jan. 23% Mar. 20 17 they were moved up without ex¬ The only exception to the order was a general permit to bankers to honor drafts drawn under confirmed credits opened prior to May 9. "These will be the only instruments which may be credited to a sterling area exchange. Free market sterling ranged during the month between continued Jan. 15 7 18 31 _ The area 9 May 20% May 34% May Feb. planation to 5.26%, the ruling rate for about 10 years prior to August, 1939. On May 13 all Iraq accounts were blocked by order of the British Treasury, and no payments or movements of securities could be made except with permission of the and sterling 113% Apr. Jan. Closed May 31, additional holiday. rates for the sterling Jan. 17 Jan. 7194 118% 110% 8% 10% 27% 75 2 107 Western National Bank 62 * 6% Jan. 5% Jan. 87% 54 Phillips Packing Co 5 M % pf 100 100 260 Seaboard Comm'l com... 10 260 May Apr. 114 Aprl 30 30 17 May 21 1.10 May 2 50 Real Estate Trust Inc 6,711 Apr. May 56 30c * 2.80 1.65 Jan. 28 106 8% May 21 8 May 12 24% May 6 119 May 23 329* May 23 93-6 May 2 15 May 24 8 May 14 250 "28" 75 '97%::::: 50 1 5 Jan. 27c May 2 2.60 May 1 29 May 21 599* May 13 115% May 2 1.70 1.05 24 2.00 2 Penna Water & Power com 209* 28 29 30 9,346 North Amer Oil Co com 375 Northern Central Ry Owings Mills Distillery ""333 TI6 20% 244 100 Preferred 113 1.50 28" Sale" Millscom.100 50 National Marine Bank 3,734 New Amsterdam Casualty 1,078 7.963 18X 171* 50 720 Merch & Miners Transp _* 389 Monon W Penn PS 7% pref_25 Feb. 17 14% May 30c 42 .25 10 100 747 Maryland & Pa KR com ^ 5 166 2 May 2.60 Sale 2.25 May 2.40 2.60 28 28 Sale May 57 ~ Sale" 57 Sale 56 May 114 May 114% Sale 108% 8 794 Sale 7% May 8% 7 8 7% May 7% 9 22 24 22 21 May 23X 11494 114% May 117% 119 30 J* May 31X 32% SO Vs Sale 9 9 9 May 13 14 14 May 8 8 May 1 Common 2,043 6,278 Houston Oil preferred 100 Humphryes Mfg Co com 14% May ..... Georgia Sou & Fla 1st pref. .100 2d preferred 100 40 Guilford Realty Co 6% preflOL 185 1,000 1,922 » 5 "six 662 35 16 27c 1 49*% pref B 4% preferred C 159* 15% May 15 17 Sale 15 17 1.70 Sale 100 2,871 — 359 16% 30c 1st preferred v t c 638 Brager Eisenberg Inc com 6,252 Consol Gas E L & Power 1,130 „ ^ 23,211 442 _ 159* 16% 6,090 Arundel Corp - - STOCKS Shares 701 — without special permission a of the Treasury." Exchange Committee also notice issued by the Bank of England, headed New York Foreign pub¬ "De¬ (Finance) Regulations 1939—sterling area accounts." 3 (a) of P. E. 78, banks and bankers are advised that the words 'proceeds of insurance fense "With reference to Paragraph policies' relate only to the proceeds of a policy at maturity. in respect of loans against an insurance policy, &c. Prior permission has to be obtained from the Bank of England before any such sums as these may be credited to a sterling account." They are not intended to cover sums received surrender value nor the cash value of bonuses, Exchange Committee an¬ advices from London British special pound sterling area account procedure The New York Bankers Foreign nounced on May 19 the receipt of cable that applies to Costa Rica, Cuba, the dor, Dominican Republic, Ecua¬ Guatemala, Haiti, Honduras, Mexico, (excluding the Canal Zone), Salvador (Continued on pdge 119) Panama Nicaragua, and Vene- Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales 1941 May Shares. Jan. 1 to 1910 267,723 1,349,348 May 31 Bond Sales 726,073 2,129,734 1941 May 1940 $121,750 843,200 Jan. 1 to May 31 $31,465 252,665 AGGREGATE SALES BOSTON STOCK EXCHANGE In May Jan. 1 PRICES IN MAY % 11,200 99,000 7,000 2,550 $ > 200 15,174 ""147 396 1,598 13,037 1,132 445 105 37 Shares 112 149 % Sale 150 % Sale 33% Sale 45)1 Sale 25 8,850 Boston Elevated 100 5,019 Boston Herald Traveler Corp.* 367 Boston & Maine pref stpd. .100 2,090 20 147 25 51 Common (stamped) Preferred Prior preferred 100 100 % 5% 1% 1% 1% 1% 1st pref stpd 100 5 177 339 450 45 Class C 1st pref Class D 1st pref stpd Class D 1st preferred 100 95 185 7,685 i% 100 100 100 956 "955 40 30 755 285 165 14 475 ""200 622 60 Mining Co 25 .... 250 116 210 1,275 794 3,015 ""lOO & Pass River pref... 9,829 Copper Range Co * 405 East Boston Co .10 2,310 Eastern Gas & Fuel Assn com.* 2,250 4%% cum prior pref 100 4,021 6% cum preferred 100 4,635 Eastern Mass St Ry Co...100 First preferred Preferred B.. 243 15 100 149 733 3,648 450 336 160 752 470 110 60 ~ * I* * 786 Gilchrist Co * ""440 3,693 2,370 388 790 285 25 31 * 54 Sale New River Co common 10 b% cum pref 2,434 N Y N H & Highest Prices„ 6654 Mar. 4 18 94 Jan. 7 10154 Jan. Sale Prices 74 Mar. 31 2994 Apr. 29 Apr. >29 Apr. 22 Mar. 15 2 105)4 Mar. 11 107 Mar. 15 106 Feb. 19 108 102 106 105 14% 2)4 5)4 Sale 20 30 1 991 Reece Folding Mach Co 1G 6,947 Shawmut Assn.. * 6,400 Stone & Webster Inc. IIII* 495 Suburban Elec Secur com... * 2d preferred 580 * 10,188 Torrington Co (The) % 300 Union Cop Land & Min Col *25 3,616 Union Twist Drill.. 5 15,029 United Fruit Co * 14,736 United Shoe Mach CorpIII"25 813 6% cum preferred 25 11,963 Utah Metal & Tunnel 1 "~1 IlOO * 339 Warren (S D)& Co common..* 12% 11)4 20 14894 May 1 151)4 May 21 1% Sale 1 Sale Mar. 28 10c 5c 2)4 2 51 32% 33% 1 % 29 31 80c 80 74)4 4* 78 10 11)4 35 26 % 1194 Sale Sale 42 7 35 40% 11 15 22 Sale 12)4 2194 22% 25 24)4 50c 20c 10c 354 36% 24% 10c 3 94 294 2% 4% Sale 4 3% 2 2 32 39 29)4 30c 50c 30c 15c 12c 20c ■26" 13% 14 it* 1V* 50c 24 1 25 5)4 Sale 12% 126)4 3)4 Sale Sale 22 13K 594 12% 20 16)4 20c 28c 5 18)4 6% 19)4 Sale 6c 20 294 116' 13% 5% 20 Sale 6 110)4 7 68 36c 80 40c 10c 4c 5c 12 % 13% 22% Sale 1% 194 9 10)4 1 1)4 10% 11)4 8 60c Sale 1 38% 29% Sale 12$ 2394 94 8)4 9% 60c 46 30c 25c Sale "25c" I6c" 20c 4c 12% 2494 1 8% 1)4 Sale 90c 4994 Sale 12c 8* 1 9% 13)4 Sale % 894 1)4 9% 60c 90c 4694 49% 26 27 10c W. "3694 Sale 6294 Sale 58)4 Sale 50)4 Sale 45 44 45 35% 60% 5194 43% 43c 45c 43c 45c 1 1 % 106 45c 46 Sale 94 1% 103)4 107 894 Sale 1)4 28)4 Sale 1 1% 105 100 794 32 13 26 16 15 % May May 26 May 13 May 6 May 20 May 20c May 2194 May 6)4 May 2 14 20 27 3 28 20 12 24 7 6 9 2 23 6 2)4 May 14 2% May 28 110 May 31 117 May 1 9% 45 Sale 94 28 29 Jan. Jan. 2 Jan. 13 Apr. 3 Apr. 2 20 11 Feb. 4c May 6 12 May 24 2394 May 21 94 May 22 8)4 May 16 1 May 21 994 May 8 594 May 5 60c May 15 47)4 May 16 25 May 1 hi 26c 89 8c 8c 14 25% 1 894 1% 9% 6)4 60c 49 28)4 May May " May May May May May May May May May May May May May 101% 7)4 94 27)4 Name changed from Amsr. Pneumatic Service Co. / 2 20c 8 13 28 10 7 15 2 16 89 8c 4c 3% Jan. 2 k Jan. 10 7 15 8 Jan. 4 May Apr. 9 1 5 154 Jan. Apr. May 13)4 Jan. 6 May 20 May 2 26 52c 25 29 24 11 6 9 Jan. 21 Jan. 29 6)4 Apr. 17 4c Feb. 14 3 Mar. 25 Jan. 23 26 Mar. 20 5 4 v Feb. 50 15 94 Apr. 23 Apr. 9 May, 8 May 13 37c 90 25c Jan. 8c May'2 8 14 Mayf 10 25)4 Apr. 4 6 194 Jan. Feb. 30 4 94 May 22 6 Jan. 30 Mar.* 5 Jan. Feb. 27 1 Feb. 4 1)4 Jan. 9 9)4 Apr. 30 5% Apr. 21 Jan. 854 Jan. 95c Jan. 13 65c Jan. Jan. 23 40 Apr. 24 11 33% 59% 49)4 43% 35c 1 98 Feb. 31 Feb. 4 May 29 Apr. 23 May 21 Apr. 1 10 Jan. 8 25 May 24 103% May 5 May 2 9% May 23 May 29 94 May 29 May 23 29 May 28 Jan. 12c 38 31 129 12 22 May 2 63% May 15 5294 May 22 45 May 12 43c May 2 28 14 23 35c 20 7 15 37 Jan. 4 13 26 16 1194 Feb. 14 22 10 26 % Jan. 9 Mar. 31 10c 13 Feb. 2 Jan. 3 2% Mar. 854 Apr. 29 24 -41 2 May 12 34 Jan. 30 30 16 25)4 Jan. 13 Jan. 3c May 9 59% May 29 50% May 2 43% May 21 38c May 19 14k Mar. 20 9 2 1,5 2)4 May 14 May 11 27 12% Feb. 18 5c May 27 18)4 May 3 4% Jah. 6 Feb. Jan. 58 41 k 28 394 Jan. 17 94 Apr. 18 1 % May 5 20 1 May 1 12% Feb. Jan. 2 May 9 Apr. 22 554 May 29 6c May 26 3% Jan. 13 22 8 Mar. 3] Feb. Jan. 7 18c 88 Jan. 28 194 Apr. 16 5 87% Feb. Jan. 3)4 May 2 May 2)4 May 30 May 30 May 12% Apr. 18 23)4 Apr. 30 1% Feb. 6 10 1% May 22 Apr. 22 30 94 Apr. 22 49 110 7 2 6 2 Feb. 4 Feb. May May 6 6 2% May Apr. 30 May Jan. 5c 28 Feb. 554 Apr. 22 18c May 9 86% Mar. 26 4)4 Feb. 17 50 % May 23c May 89 May 8 8c May 13 m Jan. 24% May 36 52)4 94 % 27 100 8 37 Sale Jan. 12% 75c 6 Jan. Jan. 394 May 10 2 94 May 2 2% May 7 32 May 30c May 12c May 11c Sale 70% Sale Jan. 22)4 May 28 24 19 2 1 95c 4c .Tan. 194 Jan. 14 May 2 7 Apr. 4 254 May 5 11)4 May 27 2c 10c 13 Sale 25)4 10c "35"" 8 6 15 45 88 10c 194 154 2)4 ,194 1)4 6 50% Feb. 10 19)4 May 5 1 94 Jan. 5 50 26c t2 594 May 29 6c May 26 194 May 5 51 May 3 33)4 May 2 1 May 8 80 May 6 10 H May 27 2)4 May 1 8% May 1 41 May 2 6c ""2)4 «VA Sale % % 4)4 194 1)4 2454 May 29 94 May 1% May 20 May 13 May 5 May 17 May 5c May 18)4 May 594 May 22 554 4c Sale 1)4 Sale 24 14 8c 2% 4)4 % 1)4 94 8 May 16 2 May 2% May 30 May 30c May 10c May 50c 5c 4 1 26 22 35 94 Feb. Jan. Jan. Mar. - 10c 2% 294 31% 50c Jan. Mar. 2 21 3 94 20c 1% 9 11)4 May 2 2294 May 13 1 May 16 694 May 22 18c May 9 50c 37 % % 6 May Apr. 18 7 . Jan 104% Apr. " 2 10% Jan. 27 97 k Jan. 28 May 77)4 Apr. 10 May 1% Jan. 394 Feb. 22% Jan. 12% Jan. 21 May 24% May 5c Q 6 2% May 1 2 May 22 15 35c 1 2 94 May 2 )4 May 8% 87)4 2694 41% 3)4 May 13 2 194 6)4 13 ..... May 4% May 6c May 1% May 49% May 30% May 1 May 79 May 10 May 2 May 694 May 40 May 10c 1)4 168% Jan. 100* Jan;" 3 May 31 1 May 16 5 94 M ay 1 594 Sale 48 2)4 8% May 1 May 6 May 22 May 22 ----- 52 1 . 20 1% 694 5% 14894 May Jan. May 19 104 May 1 9 May 3 May 7 May 31 9494 May 8 May 20 28 May 1 May 5 45)4 May 16 19 )4 May May 20 5 1 May 26 May 6 May- 8 1% May 8 1 May 2 May 2 May 21 6)4 May 6 2 94 May May 15 5 2 May 26 May 26 May 22 294 May 2 11 % May 27 1194 Sale Sale 12% 24 100 Holding Corp Sale - ----- 1% 100 Hartford IlOO 13,720 North Butte Mining 2.50 115 Northern RR (N ti)_ 100 1,608 Did Colony 100 798 Certificates of deposit. 2,627 Pacific Mills * 22,840 Pennsylvania RR III50 3,405 Quincy Mining Co.... 25 2,330 Keece Button Hole Mach ..* a ----- 50 1 4 preferred 50 621 Loew's Theatres (Boston)...25 1,942 Maine Central 100 1,134 Preferred 5% 100 3,990 Mass Util Associates v t c 1 5,640 Mergenthaler Linotype * 10,119 Narragansett Rac'g Assn Inc.l 300 National Ser Co common 1 732 National Tunnel & Mines * 8,038 New England Tel & Tel 100 75c 5c Sale cum Ex-dlvldend. 4% 20c 294 53 35 % 2k Preferred * Glass B * 875 Helvetia OR Co T O IIIl 161 Int'l Button Hole Mach Co..10 1,315 Isle Royale Copper 15 682 a Lamson Corp (Del) com... 5 x 110 18c 85 class A..i* 219 No par value. 1 594 Sale 4k Sale 297 Vermont & Mass Ry Co 2,389 Waldorf System Inc 849 Warren Bros.* 2594 May 23 29% May 10 104)4 May 1 105 May 13 106)4 May 8 107 May 7 ----- 63c 3 % 462 150 Venezuelan """83 11% 22)4 Sale 7 15c * 3,335 Gillette Safety Razor Co.. 6% 90c 12% 13 1% 11 Corp * preferred.........20 a 1194 12 % 77 . 862 2 pa 2 14 50 General Capital 48 Georgian 13 1,735 2 81H Sale . 2,087 lk Ik 100 100 * 50 Economy Grocery Stores. 4,457 Employers' Group Assoc.. Hathaway Bakeries ----- 28 103% 105 10694 103 102)4 104 10 8% 8)4 994 8% 91% Sale 89)4 Sale 89% Sale 28 26% Sale 2694 Sale 42 Sale 44 41% 19 20 18% Sale 18% 2 94 1% 94 94 1% 1% 1)4 194 1)4 % 1% % 194 6 6% Sale 594 594 Sale 2 2 2% Sale 2 2 2% Sale 2% 2 2 2% Sale 2% 2 2)4 3)4 2% 2 2% Sale 294 2)4 2)4 2 2)4 Sale 2% 2)4 2 3% 3)4 10 5 2)4 100 2,095 Adjustment 45,894 Eastern SS Lines, Inc.... 1,176 Preferred 60 1% 2% CI E 4 % % cum 1st pf std. 100 920 Brown & Durrel Co common.* 3,102 Calumet & Hecla 5 495 Sale 100 _ 843 1894 1% 100 1st pref stpd 1st preferred class A Class B 1st pref stpd 1st preferred class B 2,692 Boston Personal Prop Trust- * 2,839 Boston & Providence 100 635 10 1 % 100 Class A 100 Cliff 27 Sale Sale ----- .102%. 104... Sale 18f. h 100 11 Conn 236 Sale 9 25 360 2", 507 167 h 89 Class C 28)4 104)4 1 100 1,088 Lowest Sale par ' 72 Highest Sale Prices 71 May 1 110 * 1,994 50 110 Son, Inc 6,919 Boston & Albany 58,741 Boston Edison (new). 648 100 110 104 . 60 70 68 104 10.Q 234 Sale Lowest Sale Prices 67 94 May 15 Ask 1948 I ^gelow-San Carp, 6 %».PKeL 100 T-4m Bird & 461 71 71 May 31 Ask Bid 107 32 Assoc Gas & El Co class A 886 Bid 1894 19% 101)4 Sale 104)4 Sale 792 186 1,049 May 1 Ask 1948 53,158 American Telep &Teleg_..100 9,460 4,695 154 69 1970 A~4Hs '48 ... STOCKS 71 480 Bid 1960 Series D 6s 1,569 27 Par .1948 ser Series C 6s 6,550 Shares 1941 Boston & Maine RR— 1st mtge A 4% Inc mtge A 4%% 64,000 East Mass St RR 59,650 Series B 5s 1 Jan. 2 BONDS 75,800 625,800 RANGE SINCE JAN. Price Since 11 9 14 50 Apr. 22 3094 Jan. 13 Feb. 11 3c 40 Mar. 70)4 Jan. 8 3' Jan. 8 45% Jan. 3 61 52c Mar. 17 1 3 107 Apr. 7% Apr. 28 % Apr. 4 26% Mar. 4 8 Mar. 12 Mar. 17 Jan. 12 994 Apr. % Jan. 11 30 Jan. 3 28 Cleveland Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE Stock Sales May.. Jan. 1 to ...Shares. May 31---—------—- AGGREGATE SALES In Price Jan. 2 1941 STOCKS May Jan. 1 Shares 448 May 1 Bid Par ' ■ , 12X 1,279 uAddressog-Multlgraph com. 10 71 Air-Way El AppU 1st 7% pf 100 2,322 Akron Brass Mfg com (new) .50 10 100 270 600 Amer Coach & 16 5X 8X 46X Body...—...5 26 555 uAmerican Home Products... 1 140 46 2,713 Apex Electric & Mfg........* 79 $7 cum prior preferred... 100 —3,019 Brewing Corp of America------3 3,549 City Ice & Fuel.............* 608 6X % preferred ..100 1,155 Clark Controller..—........1 709 Cleveland Builders Realty...* 9,669 Cleveland Cliffs Iron $5 pf-.* 237 Clev El 111 $4.50 cum pre? * 770 uCleve Graphite Bronze com.l 8,102 Cleveland Kys ..100 22,914 Cliffs Corp... — .....5 2,157 Colonial Finance Co common .1 437 Commercial Bookbinding....* ■4288 1,171 506 115 ""627 30 70 1,263 4,284 293 101 590 Dow Chemical 5% pref 14 162 1 10 165 Fostoria Pressed Steel.......* 25 15 100 10 295 788 118 941 50 50 96 Great Lakes Towing......100 246 Preferred..............100 444 20 475 171 483 941 54 , 552 Greif Bros Cooperage A com.* 8 8X 47 X 8X "3X ~~3~X 9 «§* 96 98 15X iex IX A* Sale 76 113 112 25X 30 Sale 13X Sale 11X 11X 7 110 Sale 33 X 34 X 58 59 14 J 16 18 17 J 8 8 U3X 114X 114X 30X 31X 29X 50 52 X 51 15 "isx 15X 13 13 X 10X 14 12X 14X 11X 16X 14 11 llX 12 13X 9 28 X 13 Hi hi* 10 33 X 16 2li 11 33 J 19 Sale 17X 16X 39X 317 5 60 43 ""40 1,726 530 2,368 ""319 50 88 '""650 80 50 327 250 579 1,723 50 98 34 460 40 20 564 220 722 70 700 164 50 175 274 a 15 5X o4 May-29 10 X May 27 al00 al6 May 9 May 16 78 May alllXMay a26X May 30 May 14 X May 11X May 7X May 15 16 x x al5X May 8 al5X 9X 9X May 28 a28X May 15 a29X alO 11 May 15 alOX 103 X May 22 103 X 14 X al3X May 1 al4X 12X al2 May 19 al2X 59 X 59 X May 12 al6 May 15 ol7 X 17 *2§X 1 33 IX 19X May May 1 May May May May May May May May May May 45 X May 11 41X ol 06 4 022 X o7X 42 19X 11X 10X 18X 36 Sale 36X 7 32X 39 a29X May 9X May Sale Sale 12 1 22 X 23 22X 24 com.. $6 prior preferred.........* 2,039 .* 6,574 National Tile.... 452 Nestle Le M cl A $2 cum com.* 1,597 uN Y Central RR com......* 80 Nineteen Hundred Corp A...* * 261 Ohio Brass class B-...._. .* 20 Ohio Confection cl A com * 1,632 uOhio Oil common..— 1,386 otis Steal Co common.......* 75 Packer Corp common ..* 1,093 Patterson-Sargent. .........* .5 1,089 Reliance Elec A Eng com 5,098 ^Republic Steel common..—* 16,130 Richman Bros Co com......* 237 Saiberling Rubber Co mm...* 1,063 Standard Oil Co com (Ohio) .25 ...... — 689 Thompson Products Inc com.* 1,100 Troxel Mfg.. ....... 1 IX 30 X X 13 H 30 20X 1 X 17X 17 X Sale 22 X 1 35 Sale 14 X lix 29X X 12X 22 19 20 17 31X 2X 68 OX 5X 3h 32 X 2X 8h 19 68 X 6X 4X 7X 6X 11X 10 13 X 17 11 30 X 2X May May a7 12 10 May 13 X May ol7X May 30 X May 14 X 17X 31 x 3 37X a36X May 25 27 o26 2 2X Sale 6X 7X 14 X 20 51X 52 X 4X Sale 4 7 16 a51 4X 3X Sale i 8X 5 6 A 8X X 60 13 X 40X 32 X 14X Sale 13X 32 X 94 z 8X 51X al3X o32X May May May May May May May May May May May May May 2 115 19 z36X 14 58 31 16X 22 zl8X 18 9X 30 z35X 24 Jan. 10 Mar. 21 Jan. 6 Jan. 15 Feb. 28 Mar. 21 Jan. 10 8 Feb. 4 Feb. 10 Jan. 7 Jan. 10 Jan. 10 28 zl3 19 zl05 Feb. 26 5 zl4X Jan. 9 19 *14 X Jan. 10 19 65 X Jan. 13 14 z20X Jan. 10 Jan. 27 18 z90 11 22 18 35 85 Jan. Apr. Apr. 48 X Jan. May 3 z26X Apr. 23 z38X 2 10 X 7 Jan. 31 Apr. 18 z36X zlOX Feb. 15 12 X z45 Apr. 25 z51X 12 a8X May 8X 7X 13 X 4X 3QX 3 oil 12 : Reflects prices In oriraary markets oa which odd lot sales were based. UnHstedJ 18X Jan. Jan. 8 1 2 x o30X May 15 9X May 12 016X May 15 ollX May 15 zl6 018 X May 21 ol8X May 21 zl6X 1X May 1 2X May 26 IX 26 33 X May May 22 5 37 1 May 1 X X May 10 X ollX May 26 ol3X May 10 zllX 30 May 16 May 16 30 30X 7 zl9X ol8X May 14 al9X May 36X * 4,746 uU S Steel common.. 2,107 Upson-Walton.............. 1 Van Dorn Iron Wks Co com..* 5,903 * 1,160 Vlchek Tool.. 1,475 Warren Ref & Cbera com....2 * einbergpr Pnjg Stores * 1,625 150 W RI Corp 6% cum pr pf__100 5X% cum pref ser A....100 32 IX 21X 22 35X Sale 3 3X 8 1 * 2 Sale 15 290 uTwin Coach common.......1 166 Cnion Metals Mfg Co.......* 1,956 White Motor 1.859 Voungstown Sheet A Tube. 17 16 IX 7H OX 10 OX 14 11 Sale 16 olOX May 2X 14 zll4 Apr. 10 z38X Feb. 28 32 X Apr. 21 17 X Apr. 12 13 9 Jan. 28 Feb. 11 Mar. 5 10 X Apr. 21 3 41X Jan. 7 40 X Apr. 21 31 22 zl03XAnr. 21 zl06X Jan. 18 2 h Feb. 14 24 4X Apr. 14 Jan. 10 20 z22X Feb. 19 z26 2 z7 27 Apr. 21 zllX Jan. Jan. 30 40 X Apr. 23 21 19 15% Jan. 10 Apr. 4 Mar. 31 6 12 Feb. 17 3 Mar. 6 16 3X Jan. Feb. 1 10 28 31 Apr. 16 X Mar. 24 16 X Mar. 24 4 38 Jan. 14 33 X Mar. 7 20 X Apr. 12 17 Feb. May 20 1 Jan. 13 May 15 IX Jan. 13 51X 295 uNat Malleable Steel Oast com* 5,703 National Refining...........* Mar. May May May May May May May May May May May 36 41 1,411 National Acme Co 110 Jon. z29X Feb. 50 Apr. 15X Mar. 8 zl5X Apr. 28 8X Jan. 21 z28X Apr. 15 zlO Apr. 22 101X Mar. 20 zl2x Mar. 10 zllx Apr. 58 X May 12 10 zl6X Feb. z79X Apr. 19 Jan. 21 71X Jan. 19 44X Apr. x 379 Murray Ohio Mfg...........* E) & Bros Co com..* 6X Mar. 17 2 7 9X Jan. 13 Jan. 4 Feb. 14 z51 Apr. 25 12 X Jan. 14 May 27 89 X Mar. 19 -z3X-Mar-j-20 z4XJan^24 »X 5 z8X Apr. 21 zlOX Feb. z95 Jan. 3 zlOOXJan. 31 Jan. 9 zl5X Jon. 3 zl7 2 Jan. 30 IX Apr. 8 Jan. 6 70 Apr. 21 79 10 22 zllO 19 z25 26 X 1 12 X 21 3 11X 9 7X x May May a20X May a7X May 41X May 19 May 11 May 11X Sale 4 May Sale 10 May 25 McKay Machine Co com....* 362 McKee (Arthur G) class B * 4,557 Medusa Portland Cement—.* 1,644 Metrop Pav Brick Co com.. * Metropolitan Pav'g Brick pf 100 a\2% May 6 zl3 15 16 May 14 5X May 8 4X 10 May 27 8 a46 May 10 z46X o8X May 13 8X 82 82 May 20 Sale Prices 3 Apr. 21 zl5X Jan. Apr. 23 22 X Jan. 27 30 X a29X May 31 a30X May 8 54 62 X May May 21 8 55 4 331 Leland Electric..........—.* 260 u a\2 16 al04 200 Myers (F 76 30 13 10 X May 41 May —* * * 680 Midland Steel Prod 2,146 Miller Wholesale Drug......* 250 Monarch Machine Tool Co...* Lowest Sale Prices May — 640 Highest Sale Prices May 15 Lamson-Sessions— ..........* Highest Lowest Sale Prices ~44X 8S_.. Jaeger Machine-. Kelly Island L & T Ask 31~" Sale 20 Sale 70 48 X Sale 895 ulndustrial Rayon com. * ulnterlake Iron common.—..* Interlake RANGE SINCE JAN. 1 May 15 May 14 5X May 29 8X May 7 10, 10X 44X 45X a44X May 20 8 9 a8X May 13 82 May 20 "4X-~-~4X -«3X'May-:-2 10 8X May 2 10X 98 99 a98 May 28 15X 16X al5X May 16 IX 2X 77 78 76 May 1 111 114 allOXMay 2 24 X 25 X a24X May 28 26X 27 X 25 X May 22 13 X May 14 Sale 8 11 11 Sale May 29 7 7 May 19 7X 278 Halle Brothers.............5 791 Preferred...............50 192 Hanna (M A) $5 pref........* 520 Harbauer Company.........* 1,255 2,348 1,530 2,653 9,782 May 31. May 31 Ask Bid 14 12X 20 12 6 5X Preferred ""'486 13 21 com 2,388 Goodyear Tire & Rub com...* $5 cum preferred..........* 154 """72 163 103 34 * General Tire & Rubber com..5 6% Preferred Series A—100 uGlidden Co common.. -* Goodrich (B.F.) Co.common * 3.492 uGeneral Electric 575 205 100 895 Eaton Mfg. Co.common.....4 311 Elec Controller & Mig * 183 Faultless Rubber Co com....* 400 uFirestone Tire A Rub com.. 10 50 Jan. 1 to PRICES IN MAY CLEVELAND STOCK EXCHANGE 1940 1941 Bond Sales May. 77,771 254,876 28,058 173,206 Since Shares CLEVELAND STOCK EXCHANGE 1940 1941 Apr. 22 Apr. 21 Mar. 26 Jan. 2 Jan. 10 Jan. 4 Mar. 14 Apr. 29 Jan. 23 Jan. 29 Apr. 19 Jan. 30 Apr. 24 Mar. 14 19 o9X May 21 z6X Feb. 07 X May 28 z6X Apr. 12 May 13 11X Mar, 10 10X May 29 Apr. ol4 14 X Apr. May 15 ol8X May 20 zl6X Feb, 30 31X May 23 Apr. x z2X Apr. o38X May 28 z34X Feb. o26X May 2X May 7 May 16 May a55 May 5X May 4 May 5 May 1 May May May May May 8X 51X 013 X o33 X x Mar. 21 May 5 Jan. 10 30 Apr. 3 Mar. 14 Apr. 3 Jan. 10 23 3 Jan. 7 Jan. 2 30 Jan. Jan. 14 14 21 May 13 6 2 Jan. 2 6 19 Apr. 13 17 z25X Apr. 30 2 1 May 19 21 z6X Apr. 18 5 16 X Apr. 20 12 z49X Apr. 18 20 4X Mar. 1 1 3h Apr. 17 13 5X Apr. 16 7 X Jan. 22 5 8X Apr. 30 14 51X May 14 14 zl2X Feo. 14 z30X Apr. 12 z83 Apr. 28 Reflects range of prices in primary markets. 9 Jan. 7 Apr. Jan. 28 Mar. 13 Feb. 27 Jan. 10 7 13 6 Jan. 6 Jan. 3 Jan. 27 Jan. 13 Jan. 22 Jan. 27 Mar. 5 Jan. 9 Jan. 6 Jan. 31 Jan. Feb. Jan. Jan. No print sales only* o RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock Sales 1941 May Shares. 1940 150,860 Stock Sales I 450,007 ' 1941 Jan. 1 to May 31 ..Shares. 1940 924,441 1,673,804 AOQREOATE SALES DETROIT STOCK EXCHANGE In May Jan. 1 Share* PRICES IN MAY Shares 500 341 811 3,625 1,139 1.055 ~1,086 200 3,600 1,136 3,400 7,892 STOCKS 1941 Par Allen Elec & Equipment Atlas Drop Forge common 1 5 Auto City Brewing common. .1 Baldwin Rubber common 1 Bohn Aluminum & Brass 5 199 Bower Holler Bearing . 5 1,613 7,281 Briggs Mfg Co common * 6,635 Brown-McLaren Mfg Co 1 11,142 Burroughs Adding Mach * 5,705 Burry Biscuit Corp 12 He 325 Capital City Products * 5,111 Chrysler Corp common 5 ___._.3_J3Q ConsoJidai;.§a..,Paper._CQm_——10 11,705 Consumers Steel Products 1 13,437 Continental Motors common. 1 * 1,800 Crowley, Milner & Co com Cunningham Drug Stores.2.50 """415 Deisel Wemmer Gilbert com. 10 10 33,488 Detroit & Cleve Nav com 16,016 Detroit Edison common. 615 Detroit Gasket & Mfg Co 100 .-20 _ 1 6% preferred 205 20 5,070 Detroit Gray Iron Fdy 1 1 31,786 Detroit Mich Stove common 11,685 Detroit Paper Products 1 1,460 Detroit Steel Corp common 5 340 Detroit Steei Products _.10 730 Divco-Twin Truck Co 1 1,060 1,220 3,335 125 2,760 Durham Mfg Co common 309 Eaton Mfg Co common 590 .1' 647 514 2,240 200 200 1 7,664 2,470 608 900 265 210 " ""465 „_* Class B * 5,271 Hoskins Mfg Co common..2.50 Houdailie-Hershey class A * 4 ,498 2,005 Class B * Hudson Motor Car Hurd Lock & Mfg Co 1,323 Mahon (H C) class A pref. Masco Screw Products 24,103 com SH 30c 69 -16- 325 Kingston Products Corp Kinsel Drug Co common 1 Kresge (S S) Co common Lakey Fdy & Mach common La Salle Wines & 250 701 3,261 2,125 4,656 3,909 3,552 1,391 14,603 3 ,693 18,571 3,510 24,328 379 1,545 6,509 8,941 1,685 6,720 4,634 4,675 4,415 4,769 7.570 2,965 21,793 2,001 635 838 200 410 304 ~ 870 2,305 290 1,155 637 978 1,535 806 535 455 1,710 886 80 4 Sale 3 1 17 % 67c 117 10 17 1H 124 624 May 14 May 1 534 May 22 17c Highest Sale Prices Sale Prices 224 May 2 734 May 1 May 15 624 May 9 19c 75c Sale 1134 19 124 Sale 35c 1624 19 82c 1824 92c 724 1924 124 ----- 40c 55 19 May 15 19 May 14 724 May 1 25c May 17 8 80c 1 35c May 15 May 21 May 6 May 3 56 5524 May 26 5524 May 26 15— -1434—15144_15—May~ 1-3 -15—May-4-3 Sale 71c 88c 71c May 29 93c May 12 2 24 2 24 May 22 3 34 3 2 34 May 7 1 Sale 2024 Sale 824 10 17 1924 134 124 234 Sale 40c 80c 1 1H 3424 20i 4H 30k ..... J* 224 124 5H 15 2024 20 May 15 May 24 824 May 19 21 2 Sale 37 Sale 134 234 124 2 34 124 May 19 124 May 22 224 May 2 21c May 20 15 May 14 May 1 May 13 824 May 19 13 H 234 May 15c 10c 17 1324 16 15 1 May 9 May 14 124 57c 724 124 3 2 134 May 23 "334 May" 27 324 ----- May 12 25 26 224 124 3 134 "314 2424 May 15 1124 May 29 234 May 24 124 May 12 23 k 1134 224 1 H May 27 May 20 May 7 May u May 5 Sale 924 224 324 634 424 33 "18"" 14 18 Sale 3724 224 124 3624 224 2 34 Sale 224 63c 75c 40c ,36c 43c 40c 50c 524 7 5 Sale 42c 124 60c 5 5 "2024 1234 13 10 1124 1824 ----- 3 Sale 1024 224 35c Sale 31c 124 51c 24 May 1 434 May 20 15 1 3334 3 34 24 34 1124 124 55c 124 48c Sale 2 34 4 34 Jan. 27 6 24 Jan. 10 124 124 1534 2 34 3924 2 34 1834 May 31 1224 May 28 1824 May 31 13 May 14 75c 45c 6 24 Jan. Apr. Apr. Feo. 30c Mar. 24 3 k 15 1J4 36 24 224 624 Mar. 5 10 1 May 21 824 Jan. 9 50c 9 68 Mar. 17 Mar. 28 Jan. 134 Mar. 1724 Jan. 94c Mar. 27 4 12" 2 7 2 27 23 Apr. 7 8 24 May 19 18 Feb. ~~ 18 134 Jan. 234 Apr. 45c Jan 3 2 7 7 34 Jan. 7 28 2 134 .Tan. 8 3334 Feb. 1 1724 Jan. 21 Jan. 3 24 Jan. 28 6 29 Mar. 14 Jan. 4 Jan. 17 15 2 34 Jan. 17 22H Jan. 9 424 Mar. 21 8 Mar. 21 33 34 Mar. 17 15H May 2 34 Jan. 48H Jan. 224 Jan. 6 2 6 2 I Jan. 13 50c Jan. 8 7% Jan. 24 7 Sale 1224 11 3 35c Sale 53c 2434 324 124 May 6 May 8 May 10 May 6 May 2 May 14 May 6 134 May 12 3624 May 31 224 May 9 70c May 3 40c May 3 May Apr. 7 9 14 14 28 21 1 23 15 24 24 12 29 26 22 8 6 12 31 3 22 62c 2 34 1 % 634 15 18 Jan. May Apr. May May Apr. Apr. Apr. Apr. May May May Mar. Apr. 33 40 78c 18 4 ----- Feb. 124 Jan. 10c May 5; 1 Tan. 124 Feb. 26 17 68c Sale 12 May 24 824 Apr. 26 18 95c 9 Apr. 20 12c 33 Sale 19 24 14 10 18 17 4 14 5 Jan. 31 2034 21 2 24 75c 1824 1224 7 734 Apr. 2ft 45—Ajmv-24 -4644 60c Mar. 13 93c May 2 24 May 22 4 Jan. 68c 12 4H 48 33c 2 34 Jan 20c Feb".~~7 '33 """Feb. "7 May 1 25c May 17 8 34 Feb. 4 55 24 May 26 82c 14 ~32~~ "35~" 2 34 2 4 7 24 75c 5 634 12 13 1824 Apr. 22 75c 84c 50 224 3H Feb. 524 Apr. 21 77c 20c 15 "i~H Sale" 13 Feb. 534 Jan. 1 17 1 2 17c 1534 Feb. 15c 18c 124 21c 134 Sale 1 1H 524 60c lk 8H 70c % Sale 1 124 4 24 65c 524 Ik 124 11 12 5 1634 17 24 7% 7 95c 134 22c IK A? 55c 40c 8 14H 5 5 24 324 6 50c * 3 24 30 1924 1024 IH 6H 1 1 Rickei (H W) & Co common..2 com * Scotten Dillon common ..10 Sheller Mfg Co common Simplicity Pattern common 1 1 Standard Tube Co class B._. 1 Stearns (Frederick) common..* pref. 3 20 424 134 i: 1034 Sale 4 2 6 124 124 64c 9 15 524 40c 124 Sale 124 124 524 85c 524 6 24 124 50c 624 14 5 15 405 5 _11 _50 * • 2,55 Universal Products common..* 224 2 24 524 31 26 Sale 25 2024 3124 18 24 1624 22 7 8 90c 95c 824 Sale 9 1H 1 Sale ■824 VA 6 124 2 2 1! 21 18 5 <X4: l 24 1 k 31 624 124 1 124 234 134 134 1024 95 224 124 1824 6"/ Sale 2 Sale 10024 32"" "33"" 124 4 >4 3 tv* 8 424 124 1724 424 1 IfiH 224 234 25 24 100 3,403 62c 5 7 ..* Prudential Investing Corp 59. 1H 124 10 175 500 Universal Cooler class A Class B Sale 2.50 com 9,511 U 8 Graphite Co com 980 U S Radiator common 3,327 234 624 19c Lowest Sale Prices Sale 1 * Reo Motors Inc vtc see page .1424 6k __ cum part 524 1 924 58 3% Parker Kust-Proof com" 2" 50 Parker Wolverine Co com * Peninsular Metal Products... 1 Pleilfer Brewing Co comr... * Paper 524 39c .1 ... com 2 17c 93c Sale 57 10 Packard Motor Co Parke Davis & Co 624 35c 50c _ For f otnotes 724 73c Sale * Motor Products Corp com Motor Wheel common 3,750 60c 70 -Sale— 124 2.50 Preferred Preferred 75c 25 h Sale 2 lirnken Axle common...... 10 Tivoli Brewing Co common.. 1 18,777 1 4,565 odyiite Corp o/uunun..Union Investment Co com...* 1,111 United Shirt Distributors.._.* 2,727 United Specialties common...1 ' 1834 80c 4)4 in 3,625 1,529 25 Sale 25 24 1 common Murray Corp common Muskegon Piston King Sale Highest Sale Prices 2 May 28 1024 May 8 3 May 1 May 13 124 May 23 48c • May 27 24 May 1 3 24 May 8 1 24 May 9 34c 1824 Feb. 3 12 34 May 28 1034 May 8 3 Apr. 22 May 13 1034 May 324 May May 124 May 53c May 24 May 34c 35c 21 Apr. 1 14k Jan. 27 13 34 Jan. 4% Jan. 45c Jan. 0 14 10 1 Feb. 24 60c Jan. 9 23 324 May 124 May 19 Mar. 46c Feb. 20 2634 Jan. 13 6 3 24 May 8 124 Apr. 30 134 Mar. 31 5 Jan 8 2 Jan 8 * Mid-West Abrasive com Moore (Tom) Distillery Co 5% 6 234 Sale Ask 33 1 Micromatic Hone Corp River Raisin 734 Lowest May 31 Ask Bid 30 10 Champagne.2 17,482 Michigan Sugar 1,412 OH 2 17c Sale 4 1 Mich Steel Tube Prod 600 100 18c Bid 65c 38c 77,541 McClanahan Oil Co common. 1 1 7,860 Michigan Die Casting 1,775 Michigan Silica Co common. .1 18,845 4,425 550 70c 1 1,000 252 207 24 * 10,176 19,985 10,057 9,085 10,601 4,175 6,406 2,850 3,482 1,335 1,514 2 24 Sale 10 4,123 General Finance Corp com 1 10 37,566 General Motors common.. 11,490 Goebei Brewing Co common.. 1 14,090 Graham-Paige Motor com.... 1 3,400 Grand Valley Brew common.. 1 5 1,565 Hall Lamp Co. common Home Dairy class A * *3", 986 Hoover Steel Ball common.. 10 809 May I Ask 37 "29H 8,794 Gar W ood Industries com 5% cum pref 2,237 658 Gemmer Mfg Co class A 1,774 300 6 29 3334 500 Eureka Vacuum Cleaner 493 845 2H. 524 13c 4 5 185 300 Bid 1,374 Ex-Cell-O Corp 3 __5 3,664 Federal Mogul common * 2,454 Federal Motor Truck com 9,130 Frankenmuth Brewing com_.l 1 1,513 Fruehauf Trailer Co com ~ 1 Jan. 2 2,899 26,415 3,091 13,675 865 RANGE SINCE JAN. Price Since 124 Sale 3k k 9 1724 324 134 124 1024 95 31 "124 "124 324 3 24 424 924 8 224 1824 5 134 6 134 75c 124 15 83c Sale 3 24 4 34 Sale 924 154 1624 424 Sale 17 124 224 3 434 824 5 7 124 88c 224 124 1834 434 134 134 14 10034 3134 Sale 324 324 4 34 924 9 134 1524 Sale 75c Sale 134 May May 124 May I May 6 May 75c May 534 May 524 May 1 24 May 50c May 7 May 1424 May 5 May 19c 6 5 1 7 21 5 19 20 2 12 26 8 2 224 May 25 May 18 May 7 34 May 86c May 624 May 124 May 75c May 2 ' 134 17 k 334 124 124 1024 5 3 14 28 24 9 17 15 May 14 May 2 May 29 May 22 May 1 May 22 May 1 1.24 May May 134 May 1 May 6 May 85c May 524 May 624 May 124 May 50c May 824 May 14 k May 524 May 24c 19 14 2 7 21 13 12 22 8 12 6 8 5 224 May 2 26 24 May 14 1824 May 1 8 May 19 124 May 6 634 May 9 124 May 7 75c May 15 224 May 9 124 May 28 1824 May 15 324 May 22 134 May 1 1 34 May 2 1124 May 12 124 May May 334 May 424 May 824 May 824 May 134 May 3 5 28 9 17 22 10 7 134 May 3 24 May 3k May 434 May 924 May 9 May 124 May 7 1 2 12 15 15 7 1 7 34 75c May 24 83c May 1 Jan. 6 3 124 Apr. 1 5 60c 9 May 7 Apr. 21 Jan. 3 4 34 Jan. 29 5 24 May 20 134 May 50c 7 Jan. 2 3 124 Mar. 13 25c Jan. 124 124 6 24 1 34 5k 6k 124 66c Apr. Jan. Jan. Mar 11 28 7 7 15 10 Mar. 13 Jan. Jan. Feb. 21 4 13 .Jan. 17 14 k May 8 5 Apr. 21 17 34 Jan. 23 824 Jan. 9 2 24 May 25 May 334 3024 2024 Jan. 2 10 11 Jan. 10 Jan. 16 Feb. 19 Jan. 16 May 26 1724 Feb. 724 May 86c May 624 Apr. 124 May 75c Apr. 2 Apr. 1 24 Apr. 17 k May 3 Apr. 5 3 14 28 24 22 17 15 15 25 29 25 Feb. 27 1 124 Mar. 5 1024 Jan. 15 98 434 1334 124 May 16c Mar. 17 2924 Feb. 24 1 24 May 5 3 Feb. 15 324 May 9 424 May 17 8 Apr. 15 7 k Mar. 5 124 Mar. 4 15 34 Feb. 25 424 Feb. 3 75c May 24 15 Apr. 4 VA 134 224 1 k 2024 424 1H 224 1124 Jan. Jan. Jan. 13 Jan. 7 24 10 Jan. Jan. Jan. 7 Jan. 11 Apr. 5 Feb. 21 99 H Jan. 3324 124 4 3$ 3 34 6 16 Jan. 8 Jan. 3 Jan. 2 Mar. 27 5 Jan. 20 10 Jan. 11 May 15 10 2 34 Jan. 1634 Feb. 13 9 Jan. 8 134 Jan. 8 1634 Mar. 7 5 AGGREGATE SALES In PRICES DETROIT STOCK EXCHANGE May STOCKS Jan. 1 Par * * 24 19,084 Warner Aircraft Corp com 1 33.205 Wayne Screw Prod common.-4 5,099 Wolverine Brewing Co com 1 2 1,530 Wolverine Tube Co com Preferred 100 20 2 200 Woodall Industries 1 673 Walker & Co class A 3.062 5,750 499 1,120 10 . Class B 5,433 105 3,492 Young 2 3 3% IX Sale 15c 12c 15c 3 3X IX Sale X 1H 11c Lowest Highest Sale Prices Sale Prices IX 2% 9c 3 15c 6 353 3% May 2 IX May 9 153 253 May 22 353 12c 12c May 27 553 4X May 7 10153 May 26 10153 2 2 7 May 27 May 29 May 26 May May May --- 10 X (I^A) Spring & Wire—* 11 Apr. 22 354 Apr. 28 29 Apr. 12 2 54 M:ar. 1 Feb. 28 3X 1 4X 454: 101 103 101H 103 4X 454 9% 10 103 Highest Sale Prices 29 3 5X 6 454 Lowest 2 153 Jan. 57 * 100 3,069 Anaconda Copper 50 1,621 Borden Company 15 830 Borg Warner Corp common..5 * 2,097 Budd Wheel Co .10 155 Cities Service common 170 741 3 57 173 187 3.011 Consolidated Oil Co 300 Dow Chemical Co com 480 Electric Auto-Lite 1,469 50 190 136 3,589 1,033 1,555 6,718 5,411 1,464 1,494 1,792 142 300 2,150 311 588 414 371 Sale Sale 427 101 399 970 262 7.411 806 19 X 7 X 235-3 Sale Sale Sale 19 5% Hupp Motor Car Corp Internat Industries com Sale 2553 No par value a 25 1053 7153 953 554 3 % 37 2 Sale Sale 32 Sale 32 24 31X 3 X 12 Sale "14"" Sale' Sale Sale Sale 2453 3153 354 1254 Sale Sale 13 5X X 22 h Sale 23 53 78% Sale 68 X Sale Sale 12 Sale 23 953 15 37c 69 . 854 Sale Sale ,51 Sale 1 #> '>■« s«|p r Sold for cash 153 253 36 X 2654 33 X 454 1354 1353 May May May May May May May May May May May May May 51 May 1253 May * 10 May 2 3653 2353 1054 6854 854 553 2053 Sale * 1253 May May May May 653 12453 2753 May 2553 May 153 May 3553 May Sale May May May May May May May May May May May May May May May May May May 38c May 153 May 50 ♦ Deferred delivery sales May 37c Kennecott * _1 2653 1953 1754 653 454 123 Jacobs (F L) Co com Yellow Truck A Coach 151 1653 May 6 May 3 53- May 53 May 554 May 1 ._* 653 May May May May May 6 May 14953 May 23 X May lhOX Sale Sale * * 1 — 3.916 U S Rubber Co 7.663 U S Steel Co 502 1,032 27 5 Electric Power & Light General Foods Corp 14,174 New York Central RR.. 3.087 Pennsylvania RR Co.. 852 Purity Bakeries Corp 1,598 Sears Roebuck & Co 3,881 Socony-Vacuum Corp 1,923 Standard Brands Inc 2,922 168 % * * 1 Copper Corp * Kroger Grocery & Baking Co.* Montgomery Ward & Co * 5 4.502 Nash-Kelvinator Corp * 1,909 National Dairy Products 759 270 • 854 2,407 Commonw & Southern Corp..* 471 5553 May 13 54 May 27 13 29 10 2 7 5 15 13 6 6 2 12 26 5 7 22 12 26 26 19 12 7 8 21 10 21 10 12 Feb. 7 7 Feb. 10 13c 553 May 29 10153 Apr. 21 2 453 Apr. 1253 Jan. 11 21 453 May 10153 Apr. 453 Apr. 953 Apr. 9 Jan. 7 168 83 Jan. 6 2753 Jan. 553 Feb. 14953 May 2254 Feb. 1853 Feb. 1553 Jan. 553 Apr. 3 53 May 54s Apr. 4 53 Mar. 123 May 2553 Apr. 1 54 Apr. 3553 Mar. 35c 10 353 May Jan. 10c UNLISTED DEPT.— 1,947 American Radiator 2,309 Amer Tel & Tel Co 200 1 Sale Prices Ask 27 27 27 2 % 100 Ask Bid Bid Ask Bid May 31 May 1 1941 Shares - RANGE SINCE JAN. IN MAY Price Jan. 2 Since Shares - 59 STOCK EXCHANGE DETROIT June, 1941] 4 Jan. 10 20 1953 Jan. 754 Jan. 4 453 Jan. 3 Jan. 4 81c 6 653 May 13 134h Jan. 16 Jan. 6 4 54 Jan. 3953 Jan. 10 Jan. Jan. 17 27 10 2 2953 Jan. 11 33 69c Mar. 253 Jan. 153 May 2 May 353 Jan. 31 54 Feb. 24 J3 May 37 3153 May 39 X 8 8 Jan. 3 54 May 12 54 Apr. 55-s Jan. 2 1453 Jan. 14 1153 Apr. 15 Jan. 9 22 25 Apr. 4 1153 Jan. 78 73 Jan. 66 Feb. 10 54 May 6753 Apr. 8 54 Mar. 553 Apr. 1753 Feb. *4953 Apr. 11 • 2 953 May 10 654 Jan. 11 Apr. 7054 Jan. 4 Tan. 4 25 1753 < Anr. 3 Ex-dividend. x RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE May Shares. Jan. 1 to May 31 1940 May 391,151 179,467 912,426 1941 Bond Sales 1940 1941 Stock Sales 182,500 Jan. 1 to Majr 31 J: 1,355,126 AGGREGATE PRICES PHILADELPHIA STOCK EXCHANGE SALES Tn May STOCKS Jan. 1 Shares Shares 1,012 5,119 80 80 * 6,895 3,403 1,714 11,097 31,409 1,097 500 573 2,331 ' 5,941 137 10,331 13,209 2,549 4,447 103,106 51,154 70 335 404 516 432 247 20,640 505 100 58 Chrysler Corp - Prior preferred 364 175 - — 400 Sale insulated pref . — 200 735 * Tacony-Palmyra Bridge— Class A participating par 116 3053 14 10 value. 254 Sale 11553 3153 3153 3 14 16 1054 * 10c 3H Sale 3453 Sale 253 3654 6 7 Sale May May 3153 May 2753 May 3653 May Sale 6 May 23 55 Sale 164 165 * * 10 20 May May May May May May 253 May Sale 11453 May 3053 May 3153 14 16 9 Sale Sale 253 37 53 36 46 44 45 1454 2553 22 53 % 253 33 53 May May May May May May May May 10953 58 X 44 5053 May Sale 4553 At 4353 X* % At At lh 2*8 - May May 3 253 3453 3 25 - Coal— 953 2354 -----25 common 1,976 Westmoreland 226 2953 3653 163 166 254 At - 219 160 * 42,506 Unitea Gas Impt common Preferred 6,684 2,266 Westmoreland. Inc 8,100 1,525 May 5853 May 73 1 Preferred 2,547 United Corp Preferred 4,570 1 1053 May 31 27 28 27 5 454 May 6454 May 7 May 5853 May 153 May 3254 May 3053 May 40 May Sale 10 Sale Sale 11553 10 ?4 1254 Sale 12 14 21X 22 Sale 10953 1214 1953 Sale 13 21 32 At At 53 55 53 54 % 22 2153 654 Sale Sale 10653 12 1153 1953 Sale 4353 May bjgMay 53 May At May 53 May At May 20 53 May 653 May 10453 May 1253 May 1953 May 11553 May 26 May Highest Lowest Sale Prices 1 1 15153 May 21 16 May 9 9 753 May 15 2 6 53 May 2 53 May 27 I% .25 i 4,538 Tonopab Mining 1,251 Transit Invest Corp Preferred 9,433 3,920 2.247 55 453 114 11553 11253 114 2554 27 2554 2454 2754 3 Sale 253 253 254 & 72 253 253 253 553 553 553 Sale 653 253 254 Sale 254 Sale 2353 2453 Sale 2354 Sale * 4.088 Tonopah Belmont 200 654 16 115 3 50 50 50 220 1,550 No Sale 37 M com—* com--* Lehigh Coai & Navigation * Lehigh Valley 50 National Power & Light * Pennroad Corp vtc_1 Pennsylvania RR 50 Pennsylvania Salt Mfg 50 Penn Traffic common 253 Phila Elec of Pa $5 pref* 1,481 Sun OU 48 * 3053 10 Wire 100 - 140 70 9 53 May 29 14853 May 20 Sale Prices 1 2,390 Salt Dome Oil Corp 3,501 Scott Paper 952 5753 4 1053 Sale Sole 28 15 27 10 24 23 1 10 * 500 Reo Motor Car Covtc 300 - 5 6 53 * ♦ Electric Storage Battery General Motors 190 Phila 865 « 653 57X 3 X 60 9% 15053 1453 Ask Curtis Pub Co common-- 1,591 Philco Corp common 5,019 Reading RR. 1st preferred 1,394 864 2d preferred 10 165 16 353 • 2,512 9,231 Phila Elec Power 1,296 — Sale 680 Horn & Hardart cPhilaj 1,517 Horn & Hardart (N Y) 205 1,232 Sale 14 300 Gimbel Bros „ 10% 150 X --50 -10 ♦ 372 Preferred 5.017 Budd Wheel Co 698 Ask Bid Highest Lowest May 31 May 1 Hid 10U 237 Barber Asphalt Corp. 3,667 Budd (E G) Mfg Co 50 «. 1941 -. 863 SINCE JAN. 2 Par 8,290 American Stores 22,052 American Tel A Tel 317 Bankers Sec Corp pref RANGE IN MAY Price Jan Since 5 2 7 14 6 5 8 23 9 1 23 26 5 Pnces Prices 9 X Feb. 17 1153 14853 May 1 168 53 16 12 54 Feb. 13 9 6 53 May 2 5H 253 May 27 64 54 55 Mar. 5 5 53 Feb. 15 7H 55 May 31 1 3053 2753 3653 6 54 114 2554 May Apr. May May Jan. May May Feb. Jan. May 27 19 27 5 6 7 Jan. 3 May 9 Jan. 17 Jan. 6 May 15 Jan. 6 Jan. 6 Jan. 34 53 Feb. 7 26 34 54 Jan. 13 4853 Jan. 7 Apr. 10 Jan. 7 8 7!« 26 120 3 Apr. 3154 353 353 753 253 2554 18253 253 Jan. 46 Jan. 3 5 May 2 Apr. 4 153 Mar. 21 653 May 553 31 Mar. 16 2 Jan. 14 253 May 22 Feb. 14 Apr. 4 2553 May Feb. 11 170 163 May Apr. 26 Jan. 6 2 53 May 253 May Jan. 30 118 11654 May 113 X Apr. 3153 May 23 3153 May 2953 Mar. Jan. 7 14 15 13 54 Mar. 13 May 12 X Jan. 14 9 953 May May 22 3 1553 Apr. 12 54 Feb. 14 1553 May 10 26 53 May 13 23 53 Feb. 2653 May 13 21 Feb. 2353 Jap. 29 2354 May 31 153 Jan. 11 % May 7 % May 2 3 53 Jan. 2 X Feb. 253 May 7 36 X May 3853 Apr. 22 3 33% Jan. 11253 Jan. 24 109 Apr. 2 5853 Jan. 5 5453 May 22 5053 Apr. 3 2 53 May 4353 May 1., May May 8 May 28 May 8 53 May 2153 May 754 May 1 10953 May 1354 May 17 1953 May 22 2 53 24 2 43 53 May 1li8 Feb. 13 Jan. 29 Feb. 28 At At At At 1954 653 104 53 1153 17 Apr. 25 Apr. 21 Jan. May May 9 3 Jan. 7 13 X Jan. 7 Feb. % Mar 53 Mar. 53 Mar. At Feb. 153 Jan. 3053 Jan. 1053 Jan. 11753 Jan. 19 Apr. 1953 Apr. 8 26 24 3 10 6 15 16 22 9 25 San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE Stock Sales 1941 May ...Shares_ Jan. 1 to 1940 303,171 1,622,986 May 31 Bond Sales 1,095,384 3,408,176 1941 Jan. 1 to May 31 __ 1940 $20,000 93,000 May $16,000 86,000 AQUREUAlE SAN FRANCISCO STOCK EXCHANGE SALES In May Jan. 1 PRICES IN MAY BONDS 1941 Bid 6-000 'S'ooo 8,000 2,000 1,000 3,000 11,000 9,000 3,000 16,000 45,000 1,000 May 1 Ask 300 560 Lowest May 31 Ask Bid Ask S P Co (C P stk col) 4% 1949 S P RR Co 4%s ,.1969 Sou Pac Oregon Lines 4% % '77 Highest Lowest Highest Sale Prices Sale Prices 57% May" 7 103 50 Feb. 13 103% Feb. 7 57% Apr. 18 75 132% May 14 132% 45 Feb. 27 50% 44% Jan. 17 50% 54 54 May 1 74 ----- 39% 137% 132% May 14 132% May 14 49% May 29 50% May 20 54% May 13 55 May 13 54 54 May 1 May 1 40% "54" Sale" Feb. 18 7 17 May 14 May 20 May Apr. Mar. 31 May 1 BONDS— STOCKS Siares 1 Sale Prices Sale Prices "56% May""7 Market Street Ry Co 5%.1945 S J Lt & Pow Corp 6%---1952 5,000 S P Golden Gate Ferries 5148*49 Shares Bid Atlas Diesel Eng Co 6%.. 1945 Central Pacific Ry 5% 1960 UNLISTED RANGE SINCE JAN. Price Jan. 2 Since 11- 13 10%~ApTrri3Ot -10%"A-pr .-30- Par 13,055 Aircraft Accessories Corp A.fiOc 1.975 Alaska Juneau Gold M cap.. 10 1.55 2.00 4% 4% 1.65 4 1.75 1.20 1.40 3H Sale 4% 1.25 May 21 4 May 1 1.65 May 8 4% May 13 1.05 May 21 4 Apr. 29 2.10 Jan. 22 4% Feb. 25 Angio-Amer Mining Corp Ltd— 4,181 600 2,174 165 '""366 1,462 9,005 1,000 Common 1 16,954 Anglo-Calif Nat'l Bank .20 8,163 Assoc Ins Fund Inc com cap.10 12,239 Atlas Imp Diesel Eng Co 5 653 Bank of Calif Nat Assn cap—80 100 Beech Aircraft Corp common. 1 1,296 Bishop Oil Co cap 2 5,162 Byron Jackson com cap * 18,035 Calamba Sugar Estate com.-20 281 Calaveras Cement Co com.. * 80 Calaveras Cem Co 7% preflOO . 200 2,615 84 200 1,900 1,224 5,510 952 695 200 Calif Art Tile Corp class A * 780 Calif Cotton Mills capital.. 100 475 California Ink Co. lne capital * 14,567 California Packing capital * 550 Preferred -50 1,038 Calif Water Service Co pref__25 6,960 Carson Hill Gold Mg 5,678 40,131 6,741 1,800 Coast Counties Gas & El Co— 826 1st oreferred (new) 25 977 Columbia Broadcast Sys A.2% 102 139 40 810 261 1,795 170 1,386 capital..1 Caterpillar Tractor capital * Central Eureka Mg Cocom.-.l Chrysler Corp common.---..5 Clorox Chemical cap 10 287 Class B —2 % 4,081 Commonwealth Edison 1,031 Consol Aircraft Corp com 25 1 6c 20c 10c 9 9% 5y 5% 6 106% 110 7% 4% 6% 106 4% 1.50 Sale 10 U% 10% Sale 1.50 30 2.10 37 5 6 11 37 II" 43 18 52 27% Sale 1.15 V 95c 29 6% 14c 7% 7% 4% 6% Sale 6% 110 102 5% 18% 51 25% 7 109 8% 1.75 1.25 May 8% 13% 7% May 8% May 95c 32 8% 6% 7 43 3 1.25 May 15 8% May 8 14 May 22 Jan. 16 6 6 Jan. 3 8 105 Apr. 9 112% Feb. Mar. 31 8 Mar. 6 6 1.15 Apr. 17 7% Apr. 30 Is," Apr. ar. 33 Feb. 5 Jan. 8% 19% 52 7 Mayl5 ""8% May""I 43 25 Jan. 5 18 4 8 51 26% 15 1 1.50 18% 52 8 ?% Feb. 34 37 Sale May 10 May 1 May 12 May 7 6% 12% 1.50 39 8 2 3 4% 6 7% 9 109 7% May 4H May 6% May 107 May 1.25 8 Sale 37 7% 4'% 5% 1.60 Sale Feb. 7% Apr. 22 Mar. 4 10c 7 29 5 14 9 May 1.5 40 "l7%~May~"8 51 26% 25% 19 51 29 9 16 15 12 16 29 May May May May May May May 38 May May May May May May May May 26 May 17 26% 21 29 13 6 21 2 14 7 11c 18c 48% 49 3% Sale 70 68% 40 41% 56% 2.70 58 55 56% 56 45 53 38 40 32 38 34% 27% 28% 26 27 25 26% 24% May 27 19 19 21 17 19 15 16 29% 25% 29% 26% 25% 24% 26% 25% 24% 30% 24% May 28 29 May 28 26% May 6 29 May 28 26 22% 5% 5% Sale 8 6% 5% 20% 21 20% May 14 6 May 3 5% May 15 22% May 1 6 May 3 6 May 16 9 Feb. 20 51 May May Apr. Apr. May May May 29 9 15 22 12 16 29 25% 6 Mar. 1.75 Jan. 6 4 7 11% Jan. 14 May 22 1.20 Mar. 36 lx 1 Jan. 16 Jan. 28 Feb. 3\ 40% 21% 52% 27% Jan. 10 17c Jan. 14 9 Apr. 9 Mar. 31 Jan. 29 17 14% 24% 29% Jan. 17 10c 14c 25c 2.65 5c 42% 2.50 21 20c 11c 44% 41% 2.70 2.50 r"~ 15c 42% 2.65 58% 13 40% 2.50 56 34% 50 Jan. 4 Jan. 71 Jan. 42% Feb. 4 8 27 25% May 27 28% Jan. 16 24% May 28 30 Jan. 11 27 Mar. 15 29 May 28 20% May 14 26 " |Consol Chemical Industries 6,843 Inc class A partic pref ..* 1,030 Consol Coppermines Corp cap 5 5,989 Creameries of Am Inc com 1 25 6 Sale 5 6 6% 5% 6 6 Apr. 5% Mar. Jan. 6% Mar. 6 Jan. 10 4 17 Crocker First National Bank 48 3,724 541 296 17 San Francisco cap 100 27,287 Crown Zellerb Corp com 5 6,618 Preferred 1,234 Dl Giorgio Fruit Corp com.. 10 1,260 Preferred --—100 611 Doernbecker 2",051 Mfg Co-.-.----* 419 10,476 El Dorado Oil Works cap..._* 868 Electrical Products Corp 4 6,955 Emporium Capwell capital-. 2,797 Preferred w w 50 '"""90 975 Emsco Derrick & Eq Co cap-.5 431 Ewa Plantation ...__20 250 655 150 251 732 5,411 2,599 2,786 62 193 30 349 748 912 200 Fireman's Fund Indem cap.. 10 Fund Insur cap..25 Food Machinery Corp com 10 Fireman's Foster & Kieiser common.-2% Class A preferred 25 Galland Mercantile Laundry— Common (capital) * 280 300 14% 90% Sale 92% 1.10 5% 2.50 1.50 6 3 3% SM 3% 10% 18 44% 7 27 6 24 46 47% ""835 5% 6% 2.50 7 3 Sale 8% 17% 19 42% 5% 43% 6% 41 20 23 21 46% Sale 102 Sale 25 1.15 5% 48 Sale 46 1.30 17% 15 20 18 4,593 Preferred $5 series * 120 5% Preferred 30 .—.__.* 9,830 Gladding McBean Co com...* 22,752 Golden State Ltd capital-—._* 6% 9% 7 5 34% 1,203 14% Sale 1,950 8,580 Holly Develop Co 47c 844 325 common.. .1 Home Fire & Marinj Insur Co of Calif capital .10 8,360 Honolulu Oil Corp Ltd cap * 690 785 Honolulu Plantation capital.20 5,003 Hunt Bros Packing common.10 Preferred 4,439 10 760 Hutchinson Sug Plant cap.. 15 766 IXL Mining Co.. 2 Pesos 4,159 Langendorf United Bak cl A —* Class B 3,273 .———_* 10 202 265 711 2,289 3,900 9,121 7,645 1,910 1,775 270 1,200 * 19 18 43 23 22% May 13 48 47 101% 24% 1.30 Preferred ---—-.50 Leslie Salt Co capital.----.-l0 LeTourneau Inc common 1 Libby McNeill & Libby 1,205 No par value. com. Lockheed Aircr Corp com 667 Lyons-Magnus Inc A.. 44 Sale 9% 55c 2.25 7 2.20 i5% 15% 4% 42% 44 46 Sale 7 7% 27% 1 * 2.75 2.80 Sale Sale B t Formerly Bancamerica Blair Corp. 10% 15% 8 May 7 8% May 15 19% May 13 44% May 13 1.40 Feb. 6 6 3% 27 5 5% 14 6 3% 23 8 Mar. 21 3 Jan. 8 18 Feb. 21 48% 29 102 5 25% 1.10 19 15 22 May 1 6% May 37 May 6 5 18 May 16 May 1 May 10 May 8 May 22 47 Feb. May 96% Feb. 25 May 105 May 15 Apr. 7 17 15% 4% 16% 40 43 37% 28% 41 5% 21% 5% 22% 50c 3.5c 5 5% 29% 5% 23% 5H50c Jan. 21 50% 19 102 5 32 1.30 19 17 10 Feb. 10 May 1 Jan. 1 18 Apr. 30 20% Jan. 16 6 7 6 Apr. 29 May 5 14 10 38% May 10 31 May 1 31 May 14% May May 1 2 15 53c May May 39% May 1 11% May 1 13 May 22 80c May 1 2.75 May 3 May 13% May 13% May 85c May 3% May 40 1 * 5 9 3 13 21 24 29 Jan. 31 Jan. Jan. Feb. 5 Jan. 3 Feb. 37 16 21 28 5 3 26 16 20 16 16 May 6 4% May 29 41 % May 28 40% May 5 26% May 22 5% May 13 23% May 29 5% May 20 35c May 16 1 Apr. 22 5% Feo. 17 8% Jan. 3 10 May 5 15 Mar. 31 Jan. 27 13% Jan. 2 Apr. 16 14% Apr. 30 47c Apr. 25 Mar. 27 Feb. 1 Jan. Jan. 31 39% Mar. 14 11% Apr. 25 9% Jan. 23 48c Feb. 3 1.90 Feb. 19 Jan. 4 6 May May May May 26 May 5 May 21 May 5% May 35c May 7 31 2.50 Mar. 15% 4% 41% 40% 2 Jan. 20 Feb. 6 May 5% May 3 31% May 26 6% May 15 10 May 2 10% May 26 47c 10 27% Mar. 19 6 % May May 1 May 26 May 1 May 22 May 5 5% 31% 6% 9k 3 7 May 9% Jan. 29 1 19% Apr. 3 44% Jan. Feb. 41 22 2.50 5 9 6 15 3% Jan. 8% Apr. May 12 8 2.20 , 35c 41% 13% 90c 3 9 26 15% Sale 10 2.50 16 5% 43% 42% 20: 13% • 7 85c Sale 38 5% 33 40 Jan. 125 37% 10% 10% 14% 50c 2.87 Apr. 15% Jan. 92 1.75 Mar. 14 Jan. 6% Mar. 127 32 14% 50c 39% Sale 11% Sale 10% 12% 80c 7 30 Sale 926 1 15 May 21 May 2 42% 6% 6% 9% 10% 14% 10 31 60 5 k May 8 k May 9 30 Sale 580 Hancock Oil ....* 7,212 Hawaiian Pineapple Oo— * 1,162 8 18 121 Sale 10% 14% 2,367 2 28 2.25 Feb. 18% 6% 36% 37% 128 2,507 Greyhound Corp common * 6,482 Hale Bros Stores Inc capital—* 30 6% May 17 3 17% Sale 6% 37% ..... 20 ""160 82% Apr. 16 1.05 16 18% 7% 11 % May 85 % May 9 1.60 May 13 83% May 2 1.50 May 1 6% May 17 15 23% 1.30 1.25 2.00 "11% May"~2 "i2% May'Io May 99% May 25 May 1.05 May 15 May 100 26% 17 2.85 Mar. 10 11% 86 1.25 7% 9 99 8,731 General Paint Corp common.* 743 5% 305 11% 85 83% General Metals Corp— 3,967 1,670 3,618 275 Sale 1.50 Sale 2.50 32 2,692 Common capital.2% 26,557 General Motors com 10 353 11% 83 19 44 270 300 3 Jan. May May Feb. Feb. 5 May 19% Apr. 5% Jan. 35c May 9 21 28 14 26 26 18 28 16 14% 4% 41% 39% 24% Jan. Mar. 43 Jan. 14 Jan. 14 14 1 28 10 13% May 21 1 Apr. 3 3% Mar. 21 8 Mar. 17 2.85 Mar. 27 16% Mar. 29 5% Feb. 4 44% Jan. 17 43% Jan. 28% Jan. 20 7 28 Jan. Jan. 9 17 9 5% May 20 May 16 35c SAN FRANCISCO June, 1941] AGGREGATE SALES PRIC san francisco stock exchange In Jan. 1 Shares January 2 1941 STOCKS Shares 2,458 610 Par 20,205 M&gnavox Co Ltd capital..-. 1 2,565 Maguin & Co (1) common.. * 20 "l",852 125 3,150 925 Preferred 100 11,999 Marcbant Cal Mach Co com-.5 750 Meier A Frank Co.. 10 24,132 Menaaco Mfg Co common.... 1 5.500 Nat Auto Fibres Inc com atk.. 1 1,420 65 20 3,291 237 8,083jNatomas Co capital.. ... * 401!Nortb Am Inv Corp com... 100 745 6% preferred...........100 170 preferred.... -.100 20,101 North Amer Oil Consol cap 10 965 Occidental Insurance capita!.10 400 Occidental Petrol Corp com.. 1 O'Connor Moffatt 929 61 Class AA A Ask Bid 85c 75c 8 754 106 Sale 99 1.60 Ih 954 1.80 Sale • 21 954 16 27 26 854 26 9c 7c 5 . Sale 24 454 554 954 454 6 1.55 4 1.45 2754 Sale 33 54 34 3154 Sale 37 11,519 Pacific Lighting Corp com.. 251 I,090 $5 dividend pref —* 106 454 1,332 6,152 Pac Pub Serv com—.—...* 6,922 17 54 1,387 First preferred 331 2,148 Pac Tel & Tel Co common 100 123 832 234 6% preferred ... 100 15654 130 Pacific Western Oil capital.. 10 20 6 34 4,804 Paraffine Cos, Inc, com 1,472 * 214 60 4% cum conv pref 100 101 Philippine Long Distance 369 154 Tel Co capital 35 100 Pesos 454 1,197 Phillips Petroleum Co cap 3954 * 856 Pig'n Whistle Corp partlc pf_* 595 90c 430 4,663 Puget Sound Pulp & Tim 1654 * 45,150 RyEq& Realty Co Ltd com..* 5 1,069 2,029 1854 271 6% preferred ...100 5,604 Rayonler Inc common—.— 1 16 1,312 3,548 Cumulative preferred... ..25 27 1,436 392 3,208 Republic Petroleum Corp 1.50 1 8.501 Rheem Mfg Co 1,580 1 -..3,99.9. «...,220*566. Richfjeld -Oil Cxx common .* 210 Com stock purchase warr'ts. 210 1,267 Roos Bros Inc common....-.1 1754 25 10 Series A preferred 100 11,554 Ryan Aeronaut Co com cap.. J 2,790 454 2,025 - . 135| Safeway Stores Inc common.."1 Shell Union Oil Corp com * Signal Oil & Gas Co class A..* Soundview Pulp Co ....5 488 Preferred —100 1,974 Sou Cal Gas Pfd 6% cum A..25 70,901 Sou Pacific Co com (cap'l).lOO 1,732 Sperry Corp common v t c 1 4,226 Spring Valley Co Ltd capital—* 1.987 228 300 16,364 391 787 14,640 70 Sale 10754 454 18 Sale 160 654 Sale 106 Sale 4154 1.25 Sale Sale 20 165 285 Sale 14 — -854 Sale 115 7c 8,053 Tide Water Assoc Oil Co com . 7 654 2154 454 23 454 454 754 1054 454 Sale 1.40 Sale 2554 3254 2954 Sale 3354 454 754 1054 454 12 554 1.30 23 Sale 3054 2854 3054 10254 354 1554 116 26 100 594 253 461 630 46 646 230 25 1654 354 15 36 , 102 35 8 54 3654 754 Sale 3854 Sale Sale Sale 1854 100 32 1154 3054 6 SB 170 53 ""744 Series 2 Sale 3254 654 Sale 16 2054 14 2154 1554 42c 60c 954 99 Sale 1354 "13 k" Sale 24 954 95 454 954 1354 10 99 Sale 2054 May Sale 1454 14 5 2.50 654 1.05 25 25 21 23 23 1.70 23 2154 24 21 1.25 May 6 454 May 7 554 May 16 11 May 17 1.50 May 26 May 10 1 3254 May 1 29 54 May 9 Jan. 9 Feb. 100 1.15 Mar. 15 15 54 Feb. 12 54 A nr. 11 954 654 554 354 1.60 1854 2354 2354 1.35 1954 25 May 6 14 30 2054 10054 3254 13 3254 7 1 23 May 15 May 9 May 12 May 2 May 6 May 10 May 3 May 7 1.50 May 554 May 26 9 54 Apr. 28 1.25 Apr. 16 18 May 21 16 May 13 7 54 Apr. 25 26 54 -Tan. 20 654 Jan. 21 Jan. 12 10 1 80 Jan. 6 2254 Jan. 20 54 Jan. 13 3 9 5S Jan. 8c Jan. 5 Jan. 8 Jan. 2 2154 Jan. 31 354 Mar. 24 5 Jan. 27 754 Apr. 10 1054 May 24 4 54 Feb. 3 1.30 Mar. 27 2354 May 29 30 % May 28 2854 May 26 May 13 54 May 12 May 2 17 954 May 14 May. 6 554 May 15 354 May 23 1454 May 29 5 May 3 6 May 2 42c May 6 1054 May 6 96 May 15 454 May 6 10c 1454 12 54 954 754 May 6 May 8 May 14 May 10 6 May 29 354 May 1 15 May 6 654 May 29 May 14 754 May 8 May 28 2354 May 1 May 6 291 May 16 18 May 19 2354 May 24 2354 Mar. 454 May 554 May *54 Jan. 1154 Mar. 4 54 Feb. 1 15 13 27 7 16 16 7 11 65 Jan. 6 28 54 Jan. 10 3154 Jan. 1.154 Jan. 13 Jan Feb, 14 10 4 Jan. 10 Jan. Jan. 8 24 Jan. 14 1954 May 24 2454 May 27 1.50 May 19 F*b. 15 May 29 Jan. 15 Feb. Jan. 35 Jan. 2 4154 May 29 1.05 May 27 1854 Apr. 5 5 Jan. 2 Feb. May May 2054 Jan. 9 16 Jan. 10 28 Jan. 9 Anr. 1.50 Jan. 2 Mar..25 -JL454-Jan,13 9 Jan. 22 Feb 14 75c 75c May 6 May 6 17 54 Feb 1854 Jan. 25 7 106 May 28 10854 Apr. 17 454 Jan. 3 25s May 19 4354 Jan. 1054 Feb. 25^4 Feb. 17 h May 100 Apr. 31 May 85s Jan. 3254 May 6 Apr. 18 5c 40c 20 14 14 31 Feb. 24 18 9 3454 Jan. 13 May 10 33 54 Apr. 3 954 Mar. 13 Feb. 18 23 Mar 19 2 3 May 6 1954 Jan. 14 May 20 15c Mar. 14 Feb. 42c Apr. 10 May 6 45s May 16 54 Jan. .)an. 13 Jan. 8 954 654 55S 3 54 14 54 4354 Jan. 20 14 May 15 May 9 2.354 Jan. 14 30 15 102 23 25 954 Jan. 29 9554 May 15 May -Apr. May Apr. 7 11 2 6 14 &5/i 99 754 Jan. 3 5 1754 Apr. 23 2154 Jan. 4 Jan. 15 24 31 6 1554 Jan. 3 854 Jan. 2 Apr. 29 8 754 May 2854 Mar. 11 7 May 14 2254 Feb. 10 8 300 Apr. 1.25 May Jan. 9 15 21 7 4 11 6 1454 May 1254 Mar. 14 1454 Jan. 30 ;80 Jan. Jan. 554 Jan. 1654 Jan. 23 18 Mar. 5 654 Feb. 1.60 Jan. 22 1.25 May 16 2854 May 20 Mar. 19 16 May 20 42c May 6 2 954 May 9554 May 15 7 454 May 25 1.70 Mar. 5 Feb. 17 18 54 Mar. 24 12 54 Mar. 21 2.35 Jan. 7 654 Jan. 18 654 Jan. 18 27 May 2 3754 Jan. 17 101 Apr. y 1025S May 13 2.50 Sale 1854 20 1.50 15 22 75c 5c 7 754 754 754 654 23 2354 2354 Sale i 2254 295 295 285 291 ! 285 23 654 May 1054 1254 1054 754 654 354 14 54 654 1654 Tan. 8 May 21 29 4154 May 29 4154 1.05 May 27 90c 7 1654 May 14 54 8 354 May 3 19 May 27 14 54 1254 May 12 1154 25 May 16 23 54 1.40 May 6 1.25 1254 May 21 12 6 "9— May—f ~' 7 54 1354 May May 1754 May 100 May 31 May 1054 May 3254 May 654 May 60c 1.90 May 13 854 May 7 2854 May 20 16 80c 32 30 10c 6 May 21 May 28 106 May 28 254 May 19 354 May 28 2c 454 18 106 25c 96 554 954 13 42c 300 Un Tr caplOO 297 Steel of Calif -.10 2054 21 2,015 Yosemite Portl Cem Co pf—10 35c 101 33 454 354 1454 454 1..50 50 1154 10c 954 1.65 38 1054 654 554 ser 32 May 4154 May 90c May 1654 May 354 May 18 May 11M May 2354 May 1.35 May 12 May —854"~Max 75c May 1354 34 1254 May 2 May 5 May 8 May 5 May 22 May 2 2754 May 10254 May 13 10254 May 12 867 Yellow Checker Cab 2354 May 29 3054 May 28 2854 May 26 2854 20 2254 Sale 17 h 27 1754' 1254 101 654 May 19 May 6 454 May 1 554 May 16 22 2354 3154 2854 110 106 354 354 27 Sale Prices 7c 1.30 May 24 354 75c May 21 16 May 13 754 May 1 2654 May 3 1054 May 24 ._.8.54~SaleJ—854 106 3 18 1.40 1754 o May 16 May 5 May 3 May 26 May 2 1154 554 1 1054 common 1 Highest Prices 9 3354 May 26 34 May 33 54 May 26 3954 6 10154 May 26 10754 10154 May 26 10354 May 7 354 May 9 354 May 3 54 May 454 9 14 May 17 1554 May 14 5| 1854 May 17 11554 May 27 117 May 16 11554 May 27 126 7 148 15054 May 7 151 May Mar. 8 160 Sale 1154 Sale 2354 Sale 1.20 1.50. 1154 1254, 18 May 20 May 1 85 4054 10 6.698 640 5 6 33 3854 Union Sugar Co common..—25 357 Wells Fargo Bk & Western Pipe & 25 7 23 754 2854 10254 90c 1 8 15c Sale Vega Airplane Co 154 4,201 Victor Equipment Co com—1 4,351 Conv cum pref.... 5 4,599 Vultee Aircraft Inc capital—1 749 Western Dept Stores com— 1,636 7% cum preferred.-25 2,345 Waialua Agricultural Co..-.20 1,514 854 2954 118 15054 654 14 1 Sale 1.40 4 United Air Lines Trans ——5 Universal Cons Oil..... 10 8,281 2,055 5,299 2,523 554 954 1554 1154 46,422 Union Oil Co of Calif cap...25 695 552 1.50 10354 476 Transcontinental & West Air_5 10,490 1254 554 10 May May Lowest Highest Sale Price* 100 8 1.70 34 554 754 90c 13 17 28 Lowest 17 1654 854 7c 28 129 454% preferred ..100 157,459 Transamerica Corp capital—2 123 90 RANGE SfNCE JAN. Sale Prices 1754 18 10c 11 10 29.019 1.25 27 654 21 1 17 Sale 25 400 Texas Consol Oil Co common. 1 175 Thomas Allec Corp class A... * 2.727 754 35c 18 45 43 105,162 Stand Oil Co of Calif capital..* 1,252 Super Mold Corp of Cal cap 10 300 954 18 854 1.536 3,410 2,027 11,674 5 1.80 1.25 20 5 112 9 18 845 Pacific-Amer Fisheries Inc—5 500 Pacific Can Co common * 478 554 954 23 425|Paauhau Sug Plant Co cap—15 855 Pacific Clay Prod capital * 25,512 Pac Coast Aggregates com...5 65,823 Pacific Gas & Elec Co com..25 32,322 6% 1st preferred 25 11,129 554% 1st preferred.. 25 1654 1254 1.55 Sale 554 Co— common. 95c Ask 9 754 102 108 1754 1354 21 40 86 1 Sale 108 19 30 16,906 6,299 1,355 8 2.40 2.20 7 22 260 IN MAY May 31 Ask Bid 95c 102 1754 1254 1,862 Oliver United Filters Inc A-.-* 5,570 Class B ...» "~5~. 611 May 1 Bid 13 1754 1254 1,588 160 S Prices Hnce May 61 STOCK EXCHANGE Jan. 7 2254 Jan. 25 Apr. 8 22 Jan. 31 8 150 Feb 13 31 5 UNLISTED STOCKS 94 American Factors Ltd cap—20 100 Amer-Hawallan SS Co com.. 10 1.699 II,409 7,124 7,594 4,390 235 3,457 2,142 828 575 ... Argonaut Mg Co Ltd capital—5 2.30 2.5 128 Ark Nat Gas class A common.* 11,197 Atch Top & S Fe RR com.. 100 479 Atlas Corp common ..5 4,297 Aviation Corp (Del) com 3 405 B & O RR common 100 1,767 Bendix Aviation Corp com...5 24,003 t Blair & Co Inc capital—--1 Bunker Hill & Sullivan Mg 6,643 & Con Co common......254 Calif-Oregon Power— 32 6% pref (non-callable)—.100 158 6% pref (1927 series) 100 40 Calif Pacific Trad Corp pref..* 1,887 Citiee Service Co.... ..10 318 Coen Cos Inc class A conv— 1,970 826 150 60 6,150 755 40 199 318 2,655 Consol Edison Co N Y com * 3,598 Consol Oil Corp common ♦ 7.079 Curtiss-Wright Corp com 1 3,235 Domlnguex Oil Fields cap * 18 Dumbarton Bridge Co com .10 2,861 Elec Bond & Share Co com—5 32 Fibreboard Prod.Inc. pr pf.100 1,430 822 1,100 18 100 1154 12 11 863 863 90 87 "148 4,295 100 454 454 ""565 3,592 Kennecott Copper Corp com.* 43 Marine Bancorporation capital* 2,762 Matson Nav Co capital 15 7 * No par value. 52c 60c 2 15054 May 12 6 2654 May 29 6 554 May 16 2.25 May 24 6 15 3054 May 12 15 28 254 May 15 354 May 28 954 10 87 82 3 454 354 May 19 954 May 26 66c May 1 1054 May 20 86 1 50c 454 lie 754 1954 17 5k 6 854 2954 854 2954 23c 1.05 May 20 Jan. 2754 Jan. 554 Jan. 7 6 23 3 Jan. 18 5 154 Feb. 1954 Jan. 3054 May 12 254 Apr. 19 354 May 28 365s Jan. 18 50c May 19 954 May 26 Mar. 7 168 Feb. 454 Jan. 2.10 May 154 Feb. 84 1.05 May 20 1 15 31 14954 May 8354 Apr. 16 6 5 Jan. 4 Jan. 14 3754 Jan. 1.35 Jan. 28 10 10 1254 Jan. 13 8354 Apr. 8654 Jan. 16 3 1.05 May 20 1.05 May 20 554 Jan. 11 25c May 15 25c May 15 25c May 15 454 Feb. 8 25c May 15 1754 554 854 2854 May 28 May 7 May 5 May 2 1754 654 854 3054 May 28 May 13 May 6 May 12 1754 554 754 2754 10 1754 654 854 3054 Feb. 22 Feb. 754 Jan. 2254 Feb. Feb. 6 85 10 2254 554 6 95a Sale 2954 3054 8 Mar. 14 May Feb. Feb. Mar. 28 13 19 29 8 Mar. 14 2354 Jan. 13 654 May 13 954 Jan. 13 3054 May 12 26c 4 " Sale ""254 2454 75c 11c 34 "25"" 2 Sale 17c ~~2~ 3 654 2454 254 2854 1154 1054 3654 3754 "26"" "27' 2854 1254 11 50c 2 May 31 2 May 31 2854 May 15 2954 May 11 11 6 2 May 31 454 Jan. 10654 Feb. 6 10654 Feb. 11 6 May 21 20c 2854 May 15 3454 Jan. 7 11 May 21 75c 11c May 21 2 12c 5 Sale 60c 454 5 23 2 Sale Jan. 2754 Jan. 75c Jan. 11c Jan. 13 2 2 Jan. 75c ... 75c" 6 2954 1254 1954 Sale — 2 2 105 10454 2354 * 2254 Feb. 35 82 40c 22 3354 811 Internat Tel & Tel common..* 34 4 88 901 Internat Nickel of Can Ltd 5 25 ---- 35 Sale 8,381 General Electric Co com * 25 Goodrich (B F) Co common..* 4,243 Hawaiian Sugar Co capital..20 100 Hobbs Battery Co cl A capital * 100 Hohbs Battery cl B cap 5 Holland Land Co common...* 315 Holly Oil Co capital 1 340 Honokaa Sugar Co capital...20 Idaho Maryland Mines Corp— 20,897 Capital 1 1,789 "512 2154 6 654 654 152 15054 150 14954 May 24 26 May 2354 2654 454 May 554 554 Sale 2.10 May 2.10 2.25 154 2754 2654 2754 2754 May 7 6* 3 3 254 May 354 354 May 354 354 Ih 600 Columbia River Packers Assn.* ""loo 25 31 Amer Rad & 8tand San com.. * 654 654 Amer Tel & Tel Co com. 100 167 169 Anaconda Cop Mg Co com..50 2554 26^ Anglo Nat Corp cl A com 4 4 * 2354 154 35 2054 27541 24 2554 254 3254 154 6 554 2454 254 76c 454 May 19 5 May 6 454 May 14 2554 May 6 554 May 22 2554 May 6 2054 May 28 2054 May 28 36 22 26 3 Jan. Jan. 14 20 6 19 28 24 54 Mar. 3 454 2554 254 3154 20 54 May Jan. Feb. Feb. May 16 6 76c 5 Jan. 16 Mar. 7 654 Jan. 7 Mar. 19 254 Jan. 13 3454 Mar. 20 22 Mar. 17 27 28 Mar. 31 aggregate SAN SALES PRICES IN MAY FRANCISCO STOCK EXCHANGE Price STOCKS Jan. 2 1941 Since Jan. 1 Par Shares Bid 3 3% 4 Sale 111 Monolith Portl Cement com.. * Preferred 10 200 Montgomery Ward & Co. Inc. common * 3,757 2.50 18,685 Mountain City Cop Co cap—fx 119 Nasb-Kelvinator Corp cap—5 730 Nat Distillers Products com..* 2,091 Nor Amer Aviation Inc cap—.1 10 1,777 North Amer Co common 548 Oabu Sugar Co Ltd capital—20 Olaa Sugar Co Ltd capital—20 1,590 391 Onomea Sugar Co capital—20 100 Pacilic Indemnity Co capital 10 770 Pacific Portl Cement com... 10 99 6%% preferred 100 1,878 Packard Motor Car Co com— * 215 Park Utah Cons Mines com.-l 9,507 Pennsylvania RR capital—50 193 Pioneer Mill Co Ltd capital .20 * 2,707 Radio Corp of Amer com * 1,785 Riverside Cement (Del) A 486 Santa Cruz Port Cement com 50 2,987 Schumacher Wall Board com.* * 80 Shasta Water Co common—* 14,300 Sou Calif Edison common—25 2,064 3,372 5,795 Preferred C5%% preferred B 6% preferred 25 25 15 Sou Calif Gas Co 6% pref.__25 * 2,753 Standard Brands Inc com 300 Stand Oil Co (N J) Superior Portland Cement— Class A preferred * 723 Texas Corp common. .......25 370 Title Guaranty Co cum pref__* 5 1,843 United Aircraft Corp cap 677 United Corp of Del common..* 36,325 U S Petroleum Co capital..—1 ...* 20,539 U S Steel Corp common 9,950 Utah-Idaho Sugar Co com...5 5 yjca Company common 25 5 2,175 Warner Bros Pictures com 2,098 Westates Petroleum Co com.-l Preferred 1 6,100 5,259 West Coast Life Ins Co cap—5 No par valve, x Name Bid Ask Bid Ask 2 3 4% 3% % 3% 3% Sale 6c 2.50 7% 16% 17% 16 17 14% Sale 4 3% 1.20 42 3 1% 22% 6% 20 31% 2% 3% 17% 12% 12% 7 8 32% Sale 4% 18% 13% 13% '2H ^ 18 Sale 2.50 26 8 29 8 Lowest Highest Sale Prices Sale Prices 7% 30% 5% 7% 31 32% 2% 3% 18% 13 12% 14% 3% 17% 3% 7% 15% 6% 28 5 30 5% 5% "m "m 4% 17% 23 33% 2% 4% 19% 13% WA 2% May 1 2% May 7 5 12% May" 17% May 9 1.50 45 2% 2% 24% 12% 3% 8% 7% 29 5% 23% 28% 29% 32% 5% 45 36% Sale 36% 39% 40% 20 37 16 38 20 38 * 16% May 21 14 May 14 2% May 26 1.25 May 43 23% May 19 11 May 22 3% May 26 May 6 7 18 May 1.25 May 43 11 14 May 14 2% May 25 1 2 May 8 May 22 3% May 26 7% May 21 37% 38% 37% 1.65 Lio 76c 6% 21 May 24 May 22 5% May 29 8 22% May 28% May 27 29 May 22 29 7 % May 29% 5% 23% 28% 29% 8 May 5 May 29 May 16 May 6 May 5 5% May 12 5 % May 4% May 20 36% May 1 36% May 8 1 ~c 30 18% May 14 18% May 14 1.00 May 19 51% May 15 2% May 5 1.25 May 28 55% May 13 2% May 2 38% IA iii 52% >1 2% 53% JA 3% "Zli May"29 Sale 6c 10c 3 6c 10c 6c 90c 60c 75c 75c 90c 75c 7 6 7 3% 3% changed from Italo Petroleum Corp. of America. 6% 6% 4% Mar. 27 8% Jan. 0 8c Jan. 2.50 Jan. May May 3 3 6% May 26 3%~May~29 39% Jan. 3% Jan. 10 15 15 9 11 May Mar. 24 23% Jan. 17% Jan. 17% Jan. 14% 3% 16% 37 % Jan. 2 20 Feb. 21 May 21 Jan. 8 20 1.15 Mar. 7 7 46 Mar. 2% 1% 22% 7% May 26 Mar. ii Jan. 4 Jan. 11 3% Apr. 23 5% Jan. 10 Feb. 5 6% Jan. 29 Jan. 16 10 5% May 29 22% May 8 28% Feb. 25 29 May 22 33% Mar. 10 5% May 12 35 Apr. 17 4% May 20 36% May 1 35% Feb. 28 17% Feb. 24 35% Apr. 17 % Mar 26 1 Jan. Mar. 7 41 3 49% Apr. 21 1% Jan. 2 3% 1% 25% j.3% 6c Feb. 8 70c Feb. 18 6% Jan. 14 5 18 8 6 Jan. 24 Jan. 11 Mar. 11 Apr. Apr. 4 2 4% Jan. 7 6% Apr. 9 15% Jan. 24 8 Apr. 23 31% Mar. 27 7 28 Jan. 29 13 29% Jan. 20 31 Jan. 21 33 Mar. 10 Jan. 6 Jan. 6 35 Apr. 9 7 8% Jan. 41 Jan. 22 Feb. 25 May 14 Jan. 17 2 Jan. 1.30 Feb. 10 6 70% Jan. 2 2% May 35% 18% 42% 1!% ""3" "Feb"." 14 "3 10c 13 Mar. 11 6 Apr. 37% Jan 1.50 Jan. 90c May 13 May 9 6% May 26 3 14 Mar. 10 8 32% Apr. 21 2% Apr. 21 15 39% 3% 1 2 15 4% May 20 5% 40 3 25 Jan. 12 May 17% May 28 39% 16% 11c 6c 23% Jan. 12 5 18 5% 28 51% 51% A 2%. 2% —30c—3,4)>0 Feb. 3% May 8 28% 29% ""6% "6% 1 9 14 6% 23 23% 28% Sale 29% 29% 34 3% May 8c May 7% Apr. 10 4 7% 1 2 2.50 Jan. 24 28 3 3% May 6c May 8 2% 1% 15 8c 4 32 27% Sale 29% 29% 30 30% Highest Sale Prices 7% 1.15 3% Lowest 7c 2.50 40 3% 2% 23% 8% 7 6% 28% 3% 45 4% 15 7c 3% capital..25 1 3,138 Studebaker Corn common 9 Sunset-McKee Salesbook A com 185 4 38 37 3% Sale 4% 5% 23% 22% 18 1 Sale Prices May 31 May 1 Ask 2.50 6c RANGE SINCE JAN. ^ 296 McBryde Sugar Co Ltd cap. .6 501 McKesson & Bobbins Inccom 5 45,205 M J & M & M Consol capital.] * EXCHANGE SAN FRANCISCO STOCK 63 % Apr. 11c Jan. 90c May 15 2 9 6% Mar. 26 Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS Stock Sales May. ...... Jan. 1 to _ . May 31 .... Jan. 1 to May 31 AQOREQATE Jan. 1 Shares STOCKS Par Shares 32,097 Aircraft Accessories Corp A.50c 1 7,812 Bandini Petroleum Co 160 334 Barker Bros common........* 60 200 "4,062 2,085 358 1,600 1,525 18,315 8,808 50 5H% preferred Barnhart-Morrow Consol. . . _ 205 25 286 1,536 600 467 1,646 1,505 1,701 2,158 - 135 1,946 224 200 15 300 3,096 100 6,982 Broadway Dept Store com...* 2,250 Buckeye Union Oil Co com 1 Preferred v t c 1 11,000 1,282 Byron Jackson Co ...* 514 California Packing Corp..—* 2,068 Central Investment Corp.. 100 1 2,581 Cessna Aircraft Co. 940 Chapman's ice Cream Co * 3,270 Chrysler Corp... .......5 10,151 Consolidated Oil Corp.......* * 11,305 Consolidated Steel com... Preferred 14,793 4,900 Creameries of America v t c..l 841 Douglas Aircraft Corp 9,624 Electrical Products Corp "249 715 300 30 "500 1,400 995 9,625 315 4,663 2,000 6,418 1,086 7,600 1,250 100 1,765 100 65 2,125 881 140 460 441 * 4 5 1,425 Emsco Derr A Equip Co 8,250 Exeter Oil Co A............1 100 286 Farmers A Merch Nat Bk 1 782 Fitzsimmons Stores Ltd A 14,770 General Motors Corp.... 10 3,157 General Paint common......* 4,087 3,051 1,922 3,606 6,100 • tGlobe Grain A Milling Co-.26 Goodyear TAR Akron com..* Hancock Oil Co A * ... 1 Holly Development Co.. 105 Hudson Motor Car Co ...... 1 .-50c 559 Hupp Motor Car Co 4,000 Intercoast Pet Corp... 3,100 c Lac Chemicals Inc... 40c 2,750 Lane-Wells Co 399,556 Lincoln Petroleum Corp... 10c 1 4,184 Lockheed Aircraft Corp 11,807 Los Aug Investment Co.... 10 8,450 59,005 3,350 2,000 2,082 28,200 Mascot Oil Co Menasco Mfg Co 1 ...... 1 Merchants Petroleum Co 1 Mid-Western Oil Co 5 Mt Diablo Oil Ming A Dev. ..1 39 45 208 '"240 1,000 1,206 2501 5,805* 338 2,735 2,625 120 381 35 ""760 8% 18% 18 10 9H "75c" "l% 69% 68% 5% 5% 7% Sale 5% 6 16c 406 Sale 1% Sale 57 58 5% 5% 18% 5% 5% 19 6 5% 6 67 77X 9% 7H 66 21c 18c 415 45% 8% 46 4% 5% 6% 6% 95c 18 % 32 8% 5% 5c 5c 10H 21c 7% 37% 5% 9% 38 5% 1.05 1.10 19% 16% 29% 17% 31% 47c 50c Sale 6% 2% 4& 3% 5CM 1Ai 10c 10c 15c 9 Sale 50c 54% 6 5% 19 5% 68 May 5 1% May 13 2 "io" ,5 7% 15c 372 " May~20 May 8 ol8 May 6 10% May 1 3% May 20 1.15 May 29 25c 395 May 6% May a 19c May May 8% May 37% May 5% May 395 15c lc 50c 4c 5c Preferred A 10 Preferred C 10 7,831 Pacific Gas A Elec Co com..25 1st preferred 6% 25 2,517 5 %% 1st preferred 996 .25 10 2,540 Pacific Indemnity Co 4,505 Pacific Lighting Corp com...* 1st * preferred * 10 — 414 Puget Sound Pulp A Timb Co.* -.1 7,865 Republic Petr Co Ltd 5H% Preferred A.... 50 148 .....1 1,100 Rice Ranch Oil Co 28,337 Richfield OR Corp common...* Warrants 1,478 4,240 Roberts Public Markets. 19,016 Ryan Aeronautical Co 36 H 36 H 4 17 27 H 34 % 32 40 37 H 4% 18 v* 7c 12c 8% 1H 30 50c 41c 1% 8c 21S 47c May 12 a3% May 10 alOc 8c 34c 8c 2 2 9% May 15 May 5 a23% May 7 8 May 10 40c May 6 1% May 1 8% May 40c May a21 % May 6% May 39c May May May 1% May 25c 4c 60c Sale 1 May 4% May 27 9% May 28 1 13% May 9% 4% 28 29% 36 39 32% 33% 4% 14% 7% 16% 33% 3% 15 7% 17% 1% 33 AH 45c 9% Sale * 4 16 33 75c 9% 25c Sale 1 10% Sale 3 3% 13% 6% 15% 1.40 com..-.25 Original preferred 25 858 6% preferred....... 25 13,643 5%% preferred 25 11,745 268 S outhern Calif Gas 6% pref.25 6% Series A pref 25 3,285 ... 453 Trans A Western Air Inc 5 43,042 Union Oil of California......25 557 United Aircraft Products Inc* 1 3,977 Universal see page ConsJOilCo 64* 10 Sale 23% 46 47 % 39 30 30 % 28 29% 29% 28% 32% 34% 37? 3fd 32 11% Sale " l% 27% 9 5 16% 13% 10 Sale 17% Sale 11 13 9 "7% "8% 20% 1% 28 Sale Sale 11% 13% 10 7 9 5c Jan. 8 8% May 31 Jan. 9c 4 Apr. 5% Jan. 18 28 9 8 Jan. 17 20 38c 1% May Jan. Feb. 35c Jan. 5 27 7 1 14 6 1 26 1 21 4% 9% 12 H 10% 24% 30% 28% 37% 33% 1 14 23 14 17 8c Apr. 23 10H Jan. 15 Jan. 20c Jan. 46c 41c Mar. 20 Jan. 9 May 10 Jan. 8 2H Mar. 15 10c Jan. 14 5c Jan. 13 May 14 24H May 27 30% May 24 28% May 26 37% May 28 33% May 21 May 4% May 10% May 13% May a 10 May 25% May 32% May 28% May 38H May 33% May 6 3c 2 48c 4c May 17 7c May 12 May 3 Jan, 3 8c Jan. 30c Jan. 17 49c May 5 Apr. May Apr. Apr. May May May Apr. 12 Feb. 21 Jan. 28 21 4H 11H 13% 10% 28% 34% 30% 40% 21 40 May 21 21 27 24 26 May Mar. Jan. Apr. Mar. 1 5 24 2 19 Mar. 27 Jan. 8 Mar. 20 4% Jan. 30 16% Mar. 21 17% Jan. 30 4 14% May 15 al4% May 15 a7% May 21 a7% May 21 16 % May 6 6 16% May 6 1.45 May 13 1.30 May a 28 3 Mar. 14 6 6 16H May 1% Apr. 18 18 6 Mar. 14 Jan. Jan. 10 7 7% 47 He 9H 2H Feb. 15 9 Jan. 22 Feb. 14 90c Jan. 22 8 45c 10 3% lc 8% 1 11 3% May 8 10% May 2% May 2 30% 2% 2% 5 6 22% 23% 39 41% 29% 31% May 10% May 11% 21 May 21% 1% May 2 30 May 32 8 May 10 4 May 4% 10% al0% May 13% May Sale 1% 4% 9% 13% 7% 7 14 8 3 al47A May 22 May 15 29 8c ' 8 May 9 2% 2% May 5% 5% May 13 9 24 22% May 38 May 10 40 29 May 19 29% 28% May 31 28% a31% May 21 a32% Sale 29% 8% 9 o38 % May 8 29H May 8c 30?! 21 May 6 90c May 21 10 % May 20 3% May 29 29 28% 31% 11 5 9 5c 40c 29 rfc* May 15 38% 037% May 31% 29H May May 14 % al3 28 ' 20% 1% 26% 8% 4% 1% 30 Jan. 15c 12c 33 Jan. 23 6c 6 1 11 17 5c So Calif Edison,Ltd Feb. Feb. Feb. lc Sale 6% 23% 40% 29% Sale Jan. 15 8c 2% 4% Apr. 24 9 Mar. 14 4% Jan. 9 Feb. 10 Feb. 28 Mar. 29 17 Sierra Trading Corp.......25c Signal Oil-Gas A * Signal Petroleum of Calif 1 Solar Aircraft Co 1 Son tag Drug Stores—....._» 3% 6% 1.50 50c Jan. 28 Feb. 14 29 May 12 15c 37% 29% 3% 5% 27 % 31 Feb. 15 20c 13% 4c 24 Jan. 31 27 Jan. 30 37H 15c 4 3 Apr. 8 7% Apr. 37% Apr. 30 1 5% May 388 29 6 12H 28 Feb. Jan. Jan. 88* 29 lc Mar. 17 19c 30 Sale ... Mar. 25 33 Sale ... 6 2 Mar. 19 30% * Security Co units Shell Union Oil Corp.. 24 31 Sale 33 Jan. 6 Jan. May 12 May 2 49c 37c alO Sale 26% 8 8c 48o 4c 10% 10 4 2 Apr. 20H Jan. 11 2C May 19 May 17 45c 5 mi 15c .2 4% 9% 12% 4 5 8H May May 27 10c 2c 46c" 14 7 1.25 May 1 68 % Mar. 11 6H May 21 Mar. 20 alOc May May 31c 1% 29% 38% Sale "8% "SH 11 Sale 68 H Feb. 1.05 Jan. Sale 23% 30% 'l6% "If" 1 .... 194 Safeway Stores Inc For footnotes 27 % 33 % 30 % 30c ..... 1,731 1,341 2,000 1,108 1,000 7,404 3,045 29,822 "9% IIIII 15 19 34 13c 930 Feb. 5% Feb. Jan. Mar. Apr. 5% Feb. 17 49c 1,265 5% Apr. 23 5% Feb. 19 Feb. 11% 18 % 11 % 4% 7 17% May 30% Apr. 17 7c 5 Mar. 28 6% May 14 38c 4H 10% 13% 9% Jan. 17H May 7 31% May 7 50c May 12 a3% May 10 13c 5 Sale 23 95c 63 6% May 14 Sale 4H 10 % 2c 7 17% May 30% May 21 3c 45c Feb. Apr. 17% Feb. 9% Jan. 3% May 20 7% 50c 5c a68% May 14 9% May 15 6% May 27 al9c May 19 395 May 12 8% May 12 7 38% May 5% May 1 a65% May Jan. 8 16% 31 32% 48c 52%c 3% 2% % 6% 16 40c Sale 7c Jan. 3% Apr. 17 6 6 May 19 80c -Apr. 26 5H Jan. 23 lc Jan. 10 35 22% 7% 2c 11 6 Mar. 19 31 Feb. 29 21 % 37c 19% 8 22 15 1 1 13 21 6 29 6 13 23 2 9% 37% 5% 8 36c Sale a May May May May May May May May May May Feb. 2% Feb. 2c 9 9 7 Jan. 36% 4% 20% 6% 7% 9 2% Jan. 3% Jan. 1% Jan. 1% Jan. lc 9 33c i* 8c 69 6 May 27 2% Jan. 3 6% May 14 27% Feb. 11 60c 4% May 4 4% 1.25 1% 55% a55% May 28 a58% 9 6% 5% May 6% 5% 5 5% May 5% 2 19% 18% May 19% 6 6 2 5% May 8% 31c Sale 88 L.20 25c 2% May 21 May 19 2 8c 8c 11 Sale 5% 6% 2H 8c 25c 400 390 Sale 27 % 39c 9% 7% 35 7 1.20 52 He 55c 3i May 5c 8 3% 76H 9% 2 6 May 14 May 29 May 14 May 2c lc 20 1 % 3% 2% May 23 6% 6% May 14 30 May 29 30 alOc May 14 alOc 5 lc "15" 17 9 Highest Sale Prices 1 4% 7c 42,507 Transamerica Corp..........2 10,120 70c - 37c 625 145 1 5% 3c 12c 8,317 430 5 lc Lowest Sale Prices % 37c 100 35,335 Southern Pacific Co ♦ 39,976 Standard Oil of Calif. 1 2,730 Sunray Oil Corp 965 Superior Oil Co common....2o 950 Taylor Milling Corp......_..* 7,719 5,169 -45c Highest Sale Prices 1.20 May 27 aV/a Sale 2 1% 6c 305 Pacific Western Oil 948 1H 30c 15 1,189 4,482 % 1% Sale 1% Sale 1 7,550 Oceanic Oil Co ...* 2,521 Pacific Clay Products 8,030 Pac Finance Corp common. .10 35 3,485 25c 25c 4c 385 2,962 Sale 10c NordonCorp...............1 900 Occidental Pet Corp 1 300 Pacific Puolic Service 213 3% 30 29H 30 Gladding McBean A Co 1.40 2% 6% 6 28 Lowest Sale Prices Ask 1.20 Sale 2H Preferred 120 "283 1% 2H Bid Ask 1 Berkey & Gay Furniture Co— 1 Blue Diamond Corp .....2 Boisa Chlca Oil Corp A 10 880 Bcommon 10 _ 943 Bid May 31 May 1 1941 1,387 3,150 SINCE JAN. 1 Price Jan. 2 Since May RANGE PRICES IN MAY LOS ANGELES STOCK EXCHANGE SALES In 1940 1941 Bond Sales May 729,737 2,547,464 179,086 1,348,738 Shares. ANGELES STOCK EXCHANGE 1940 1941 31% 26 15 2 6 6 16 32% 12% 23 1% 30 8% 4% 21 al0% 2 14% 26 May May May May May May May May May May May May May May May May May May 15 8 1 13 21 27 10 6 5 8 10 6 14 6 8 6 % May 19 7% May 42 % Jan. 9 5 27 29% May 8 10% Feb. 20 2c Apr. 24 25% Feb. 13 8c May 8 2% May 9 5H Apr. 25 22H May 9 38 May 10 29 May 19 28% May 26 34% Jan. 23 31H May 26 8H Jan. 7 18 Feb. 18 1H Jan. 8 Feb. 3 8H May 16 4% May 26 25 13 8% May Jan. 9% Apr. 6% Apr. 25 6 May 21 10H May 20 4H Jan. 22 44% Jan. 38 Jan. 13 7 12 H Apr. 8c 8 Apr. 24 May 15 May 8 4 Jan. 2c 29 16 6% Feb. 25 Jan. 4 47% Jan. 30% Jan. 29H Jan. 34% Jan. 13 29 1 % May 14 28 4 23 34% Jan. 29 12 % May 10 23 May 6 30 May 9H Jan. 5H Jan. 6 8 6 14% Jan. 14 9 H Mar. 6 9 Jan. 16 LOS 64 AGGREGATE SALES ANGELES LOS ANGELES STOCK EXCHANGE PRICES IN MAY [May Jan. 1 STOCKS Shares 1~,938 1,055 32 2,450 75 500 1,000 2,000 100 ' 4~O66 136 210 2,803 1,598 238 1,548 60 1,350 265 1941 Par 400 Van de Kamps Bakeries ..1.50 1 5,308 Vuitee Aircraft Inc. 1,032 Weber Showcase & Fix Co pfd * 5,364 Wellington Oil Co 1 120 W estern Air Express Corp 1 819 Yosemite Portl Cement pref 10 16.294 Vega Airplane Co MINING STOCKS— 672 Alaska Juneau Gold M Co.. 10 29,500 Black Mammoth Cons M ColOc 3,000 Calumet Gold Mines Co 12,850 1,750 7.000 12,000 245 280 141 672 190 370 1,216 526 70 '""261 455 593 160 10 327 200 2,668 534 390 477 326 130 706 492 535 1,491 53 878 2,470 260 345 967 5,728 General Electric Co .* 2.168 General Foods Corp * 1.169 Goodrich (B F) Co * 240 Graham-Paige Motors Corp 1 1,746 International Nickel Co ._* * -1,733; International Tel <SrTel 3,631 Kennecott Copper Corp * * 1,328 Loew's Inc. 404 McKesson & Bobbins Inc 5 1,516 Montgomeir Ward & Co * 1.720 Mountain City Copper Co..5c 11,647 New York Central RR ...* 1 4,002 North Amer Aviation Inc 2,944 North American Co 10 * 1,944 Ohio Oil Co ... Packard Motor Car Co Paramount Pictures Inc .* Pennsylvania RR Co 50 1 110 625 487 150 160 100 •No par 4k 10 k % 3% 18 k 33 k 11c a7c 7 3c 3c 2c 5c 2 He 2c 17 13 29 lc 38X 34 38% 13 13% % 23% 2% 36% 32% 3% 37% % 24% 2% 36% 32% 4% 37% 3% 14 1.10 13 X 17 lc He 2Hc 4c 77*/ 8k a 2%c 6% 6 77% Sale 12 k 34 34 k 6% 8 8% lk 22% 40% 10 k 69 % 16% 42% 1% 22% 68% P \ 21 Sale 103 X 104 X Odd lots, c o4% May 9 May 7 3c May 17 3c May 13 1.20 May 29 o7c May May May May May May May May May May May May May * 1 26 2 9 2 3 31 15 7 9 23 26 23 24 40% May 7 8k 34% 13 k 8k 34% 34% 69 70 69 70 15% 3% 16% al6 3 13 16% 3k 17H 3% 46 k 4k 2% 54 41 44 k 40 43 10 .. - % 3% 19% 8% 26 2 29% 36H 12% 4% 2% 9% 98 3* 2% 20% 28 68 % 9 11% 5H 34% 5% 5 1% 20% 37% 9H 64 10% 37% H 20% 'SB 86X 1% 1VA 65 11 38% 21% 52% 3% 87% 1% Formerly Pacific 2 «10 24% 9% 3% 24% 9% 3% 17% al4% 69% 70% 9% 9% 13% 012% 5% 9 IV' May May May May May May May 3 May 14 May May o34% May o71% May ol7% May o3% May !IM 14% 69% 8% 12 5 «§* 37 36% 5% 4% 1% 36 May May May May May May May May May May May May 88 388 38g 20% 52% 3 85% pistillers, Inc \ 18 18 Mar. 31 1 k Apr. 2 o21% o40% al0% o67% olO 38% % 22% a55 3% a89% 1% May May May May May May May May May May May May Jan. Jan. 1% Jan. 27 5 20 Jan. 5c Jan. 10 10c lc Mar. 15 3c May 17 Apr. 14 1.10 Apr. 1 5c Jan. 3c %c 2%c 76 Mar. 6 Mar. 19 Mar. 1.50 Feb. ,00% Mar. 3c Apr. % 2% 17% 7% 25% 2 Jan. -79 7 28 0 6 Feb. Feb. Jan. Feb. Jan. 6 Jan. 10 May & Jan. 3 Apr. Jan. 3 6 Feb. Jan. Jan. Jan. Mar. Jan. Jan. Jan. 8 Mar. 31 May 15 Feb. 24 Feb. 14 Apr. 26 Mar. 27 Feb. 2% 11% 12% 14% 6% Apr. 18 12 9 14 22 6 26 29 6 2 9 13 0 3 50 Jan. 4% Jan. 4% Jan. 0 8 3 11 Jan. 8 % 3% 21% 9% 29% 4% 34% Jan. Jan. 28 15 May 6 Jan. Jan. Jan. Jan. 0 8 39 % Jan. 11% Feb. 19 13% Jan. % Apr. 18 % Apr. ^-24 Jan.. 2 .26% Jan. 2 Jan. Apr. 21 32% Jan. 29 36% Jan. 30% Feb. 14 32% Feb. 3 Apr. 19 3% Jan. 37 10 2% 10% 22% 8% 3% 17% 14% 70% 8% 12% 6 Apr. 16 Apr. 21 Apr. 7 Feb. 15 May 21 Feb. 20 Feb. Jan. 5 8 Apr. 2.3 May 15 Jan. 17 May Feb. Jan. 39 Jan. 7 16 8 23 23 28 6 2 28 11 0 9 10 17% Jan. 6 17% Jan. 10 9% May 10 3 11% 24% 8% 4% 22% Jan. 14 Jan. 0 Mar. 26 Jan. 13 Jan. 20 6 Jan. 15% Jan. 13 4 72% Apr. May 21 Jan. Jan. Jan. 5% Apr. 4% May Jan. 3% Jan. 15 5% May 34 0 Apr. 13 31 10 21 Jan. 23 8 4 Jan. Jan. 28% May 19 35% Mar. 20 20 5 & Mar. 14 Jan. 40% May 7 4% Jan. 8 3 Apr. 21 11 4 16 May 16% Apr. 3% Jan. -- 4 8 Mar. 31 Jan. 16 May al3j| iH 4% May 4% Mar. 20 iiH 21 2% May 21 26 oll% May 9 15 25 May 6 15 9% May 15 6 3% May 3 18 15 May 20 12 ol4% May 12 16 70% May 16 2 May 21 16 May 7 7 May 7 10 3 May 9 5% 4% May 9 2% 21% o20% May 6 39% o37% May 3 10% o9% May 26 o64% May 6 o9% May 28 38% May 6 % May 2 21% 21% May 22 53% o52 May 1 3% 3% May 15 86% o86% May 31 1% 1% May 27 9% 68% 9% 6 6 o2% May olO May % May 3 May 21% May 8% May 26% May 2 May 28% May 36% May al2% May 6 39 Apr. 4% Apr. 38% 149% 22% 4% 41% May 14 «i!H 3% 69% 9% 12% 5% 35% 6% 5% lk 20% o6% 39% 149% 26% o4% 30% o225 J* 2% 10% 23% i!« a2% May o9% May % May 2% May 21% May 7% May 26% May 2 May 28% May 36 May al2% May May 13 21% m 27% i% 28%, 35% 12% % -25% a 24 May.16 fl25-%_May2 2 2% May 9 May 35% a32% May 3 a36% May 28% a28k May 20 a30% May 3% a3% May 28 o,3% May 33% o31 % May 5 o33% May 2% May 28 2% May 12% May 2 13% May Sale May 31 13% May 13% May 8 al3% May 8 8% May 2 9% May 8% 26% ■1% 2% 11% 24% a3% 44 3* i?H 068% ■4* 4k 3% 9 2% 19% 8% 25 k 1% 28% 35H 11 k 13% 8% May 13 2%c 06% May 3% 2% 14 13% 9% 9% 34% a33% 2% 3 23 % 12 26 lc 4c 8H 3% 39% 9k 68 k t Deferred delivery, May May May 3c May 1.20 May 1H He 3% 10% '7/ 22% 3 10% 22% 7V 25 673 Tide Water Assoc Oil Co ..10 3,248 Union Carbide & Carbon.....* 449 United Air Lines Trans Corp..5 1,220 United Aircraft Corp........5 980 United Corp (Del).... * ......... a4 5c 1.00 35% 11% % 25 %- -26% -24% lk 2 1% 35 32% 32% 30 30% 27% 3 3H 3% 33 31% 32% 2% 2k 11% 12% 12' 13% 13% 12% 13% 12% 8 7H Sale 16% 7% 1% 2,606 --10 9,403 U 8 Steel Corp * 2,557 Warner Bros Pictures ....5 550 Westinghouse Elec & Mfg 50 449 Willys-Overland Motors Inc.. 1 1H 29 29 14 12 Highest 1.30 Apr. 30 4k 3k 17 k 7% 3 22% 6c 4c 1% 06 Lowest 3k 1% 11c 2m 3% 1 U S Rubber Co "2% lc 4% 11 X 4 19 X 9% 21\ 25 (Del) 2 k 3k 1.35 5c 5% 18 % 8% 34 86k 19% 3k ...* .1 8% 8% 6% 2% 3% 13 Corp.. 4 % 8c "48 k "49ji * 333 Seaboard Oil of Del 6 May 6% May May 2% May 5% May 5% May May 14 2% May 5 6% 5 4 * 3,006 Sears Roebuck & Co 6,737 Socony-Vacuum Oil Co 15 860 Southern Ry .._* 2,018 Standard Brands Inc...... » 4,453 Standard Oil Co (N J) 25 value, 5k 21 354 90 6 7 4% 18 X 8% 33 k 85k 18% 3% * 50 Superior Oil Corp 3,097 Swift & Co 1,659 Texas Corp 112 6% ...* 2,990 Studebaker 221 8 5 5 42 43 39" 36 37 40% 39% 167 X 168 X 149H 150 % 150% 151% 1495 26 X 25 26 % 26% 22% 23 H 25% 4 4k 5 %J 4% 3% 4% o4 18 X Sale 27 27% 26% 27% 26% 23 X 22 22 k 24% 20% a20% 20% Republic Steel Corp... 150 356 8 5 4k 2%c He Pure Oil Co Radio Corp of America * Sale Prices 9 Jan. 4 l%c 10 758 Continental Oil Co (Del) 5 4,328 Curtiss-Wright Corp.. 1 Ol&ss A, 1,340 1,104 Electric Power & Light Corp.* Sale Prices 8 Apr. 23 lk 3% lk 1% 5 Highest Sale Prices lk 4% 5%c Imperial Development Co. .25 25c 228 Stone & Webster Inc 200 k 5X 5c 1,585 Columbia Gas & Elec Corp * 625 Commercial Solvents ..* 1,517 Commonwealth & Southern..* 832 Continental Motors Corp 1 2.721 1,503 3,190 1,365 3,348 8,200 "2 1% 4H 1% 1.05 UNLISTED STOCKS— * 1,083 Amer Kad & Stand San 991 Am Smelting & Refg Co..—* 9,668 American Tel & Tel Go-u__100 6,969 Anaconda Copper Mining 50 3,503 Armour & Co (111) 5 8,915 Atch Top & Santa Fe Ry-.100 918 Atlantic Refining Co 25 3,588 Aviation Corp (Del) 3 2,440 Baldwin Loco Works v t c .13 8 Lowest Ask 8H Sale Ask Bid o6 Zenda Gold Mining Co 43 Citks Service Co 300 9% "3c' 1,079 Barnsdall Oil Co ""416 8% Sale i 1,422 Bendix Aviation ..5 2,277 Bethlehem Steel Corp (Del)..* 1,360 Borg-Warner Corp 5 948 Canadian Pacific Ry 25 113 Case i J I) 100 1,098 Caterpillar Tractor ._....* """SO 8 8 8% Bid Sale Prices May 31 May 1 Ask 1 Cardinal Gold Mining Co. Cons Cbollar G & 8 Co 114 44 Bid 10c 383 287 475 1 Jan. 2 Shares " RANGE SINCE JAN. Price Since In EXCHANGE STOCK 11 10 May 9 Jan. 6 8% Jan. 8 22 Mar. 23 Feb. 8 37 Jan. 30 Mar. 37 10 Jan. 9% 64% 13% 36% % 20% 50% Jan. 3 Jan. 10 Jan. 9 Feb. Feb. Feb. May Jan. Apr. 15 2 % Feb. 14 27 95% Jan. 1% }V4ay % Removed from trading May 22, 1941. 4 43% Jan. lk Jan. 28 24 Apr. 7 7 68% Jan. 3% Apr. 15 9 103% Jan. 1% Apr. 7 Pittsburgh Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Jan. 1 to May 31 AGGREGATE SALES In BONDS • 2,508 Allegheny Ludlum 20 427 STOCKS Shares 30 , 1 350 908 2,500 18 Steel Ask Bid Ask 20 Vs 7K 9% Sale '6 4% * Sale 2*4 6X 6*4 Sale 12 12 12*4 9*4 3>4 ....1 Sale 4X IX 154 9 9*4 2X IX 1H IX 12X 9% 3 IX :* com 35 * .......... 150 40 35 30 440 Pittsburgh Oil & Gas........5 ...25 4,724 Pittsburgh Plate Glass 5,803 Pitts Screw & Bolt Corp.....* 466 Pittsburgh Steel Foundry * 780 341 200 900 45 500 1,800 100 436 —.1 500 Renner Co.. * 1,325 Reymer & Bros common 5 155 Ruud Mfg 135,986 San Toy Mining............ 1 ... 8 111 Apr. 8 101 9*4 5h 75c 7% Sale 96*4 Sale 6M Sale 9 90c 70c 9 31 7*4 Sale 9X Sale sx m Sale "5*4 5x Sale 60c 8X May 20 May' May May 5 2 6 1 26 X 7 *4 9 70c 1% 1*::::: IX 29 30 30 5*4 May 60c May 7*4 May IX May 1X May 28X May 26 20 28 28 13 6 5% May 70c May 7X May 1X May IX May 30 May 1 1 28 28 13 27 May May May May May May May May May May May May 5 29 2 7 21 29 19 9 8 2 24 8 9 100 816 6% preferred 10 5 100 Standard Steel Spring.... 350 United Eng & Foundry......5 1 600 United States Glass 100 1,630 Vanadium Alloy Steel.......* 100 Waverly Oil class A 13,907 Westlnghouse Air Brake.....* 4 6 3 40c 45c 40c May "a" 8 74 6 3 5 40c 60c 7$ lc Sale Sale 9 Sale 40c " 55c J.*. . 2c 3c 2X 80 ™ 2c IX May 3c 2% 2 10 9*4 9*4 2c 100 95 95 May May May May May 5 11X IX 29 28 79 X 5X 20 4 12 29 40c IX 19 8 9 2c 8 12 2X 24 100 8 10 14 Feb. 12 Jan. 6 434 Jan. IX Jan. 14 11 20 Mar. 25 36 Apr. 8 101 May 105 Jan. 5 6 1034 Jan. 39 21X 40c 40 Sale 25c Feb. 4 6 Jan. 21 134 Jan. 22 734 Feb. 14 Jan. X?S Jan. Jan. 55c Jan. lc 37 2*4 18*4 25c 40 3634 37 36 Sale Sale 18 X Sale 18 May May 1 1 May 21 234 May 1 2054 May 12 2 May 1 234 May 27 2 May"28 10 3c May Feb. 8 3 Jan. Jan. 22 100 Jan. 10 May 24 May 8 2634 Jan. Feb. 39 Feb. 30c 40 May 2 May 1734 Apr. 36 37 Mar. 134 Mar. 24 Feb. 26 934 Mar. 2634 Jan. 40c 2 9 May 2 25 Jan. 10 1234 Feb. 2 134 Jan. 3 9634 Jan. 4 734 Jan. 10 4 May 21 Jan. Apr. 7334 May 43s Apr. 3 May 40c May 80 6 2 Jan. Jan. Mar. 27 X Apr. 634 Jan. 25c 40c 11 4 37 30c 7 Feb. 40 May May May May May 14 21 10 9 53-a May 60c May 7J4 May IX Jan. Sale 11*4 1X 73 X 4% Jan. 17J4 Jan. i* 4 5% 7X IX "lX Sale" 96 97 5 101 95 X May 22 97 May 18 13 30 4 5 May 2X May Apr. Apr. 9X Apr. 3 Apr. IX Jan. 17 X Apr. 35 Apr. 101 May 94 Apr. 834 Apr. 1% May 5 18% May 20 6 F»b. j n. Jtn. Jan. Jan. Jan. 25 Mar." -7-14 Ap-. 6 Jan. 11134 134 734 1034 1134 734 Mar. 6X Mar. 634 Apr. 7X May 7 20 6 .—8% May 6 6 28 May 28 26 2% May 2 29 14*4 May 10 8 12*4 May 8 May 17 2 10 1X May 5 18% May 20 101 1 13.324 Shamrock Oil & Gas... 6% Preferred 141 1,231 250 Apr. 1834 Apr. 22% May 12 40 510 Pittsburgh Forgings—.......1 885 5 100 Preferred 50 6% May ^ May, 6' May 2X May 14 X May 12 X May 9*4 May ■ .6 ......100 1,667 Koppers Co pref ..* 27,012 Lone Star Gas—... 1 75 McKinney Mfg Co Mountain Fuel Supply......10 24,696 7,087 Nat Fireprooflng Corp com..* 10 902 National Radiator Corp 245 Penn Federal Corp common. * 1,998 Pittsburgh Brewing Preferred 3,438 850 Pittsburgh Coal Co com...100 201 Highest Sale Prices .... 13 K 11 X 10 302 100 20 Lowest Sale Prices "M 50 Jones & Laughlin St'l pref--100 426 Highest Sale Prices 20 X May Sale ...10 Copperweld Steel 1.848 Devonian Oil 3,630 Duquesne Brewing 760 Electric Products 15,275 Fort Pitt Brewing 938 Harbison Walker Ref 30 Jeannette Glass preferred 4,683 2,611 Lowest Sale Prices May 31 Ask Bid 111 • . 396 Bid .100 Preferred 145 Arkansas Nat Gas Corp.....* Preferred 10 369 —* 4,297 Blaw-Knox Co 50 3,517 1 pat -—28 •■•-—755 Byers (A Ml-.-^^s-sx^rrsr*' 135 3,855 Clark (D L) Candy ...» 10,227 Columbia Gas & Electric.....* 3.072 - May 1 1941 $ 1,000 Pittsburgh Brewing Co 6s. 1949 Shares 282 RANGE SINCE JAN. PRICES IN MAY Jan. 2 Jan. 1 % $7,000 Price EXCHANGE Since May 1940 ~ ~i~666 IIIII Jan. 1 to May 31 PITTSBURGH STOCK 1941 May 141,494 420,710 28,116 291,244 Sharesm Bond Sales 1940 1941 Stock Sales May 13 Feb. 13 Feb. 21 Feb. 20 234 May 1 2234 Jan. 10 UNLISTED 858 • 2 3,394 No par value x Ex-dividend \ Sale i 2 Jra. 13 2K Jen. 24 k^x- ■9 In the earlier part the country, of this publication complete records of for the latest month and for the calendar General Quotations we combine only those dealt in on in one year the dealings date, to the leading stock exchanges of on furnished. In this department of comprehensive whole, securities of all classes and descriptions, the exchanges, but also leading unlisted and inactive securities. index to the different classes of securities Federal Land Bank Bonds............. Industrial Stocks..................... an Page Page 83 Joint Stock Land Bank Securities........ 83 Railroad Stocks......................... 91 Mining Stocks.......................... 84 Real Estate Bonds........ 92 Municipal Bonde—Domestic. 91 Real Estate Trust and Land Stocks....... 84 93 Textile Stocks........................... 84 72 .. .. Foreign Government Bonds........... Industrial Bonds...................... not The following is quoted: Page Exchange Seats...................... Canadian. 80 .. 79 Investing Companies Securities.......... 71 are as near as ... ......... ......................... 70 ............100 Public Utility Bonds Public Utility Stocks.................... 76 Title Guarantee and Safe Deposit Stocks. 84 United States Government Securities..... 91 Railroad Bonds......................... 66 United States Territorial Bonds.......... ..84 Insurance Stocks....................... Quotations for all securities are 91 possible for tbe closing dag of the month preceding the date of issue. The letter "f" prefixed to bond prices denotes that the quotation is a flat price-—that le, that the accrued interest forms part of the price, therefore the purchaser does not have to provide for it separately in making payment. always "flat," and no In the case and of income bonds and bonds in default, the price is designating mark is employed to indicate the fact. ; Quotations for equipment bonds are based Quotations for guaranteed stocks are "and dividend" that is the accrued dividend must be paid In addition to the price. on average maturities. ^ ...• ; • It should be borne in mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but In all oases the figures are obtained 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 consoli¬ dated "conv" for convertible, "• f" for sinking fund, "1 g" for land grant, "opt" for optional. The black-faced type in the letters showing the interest period indicates the month when the bonds mature. NOTICE—All bond prices are "and Interest" except where marked "f" and Income and defaulted bonds. Bonds Bid RAILROAD BONDS Aberdeen AAsheboro let 5s'40JAJ f 52 Adirondack 1st 4 Ms 1942 gu MAS 98% Akron A Barb Belt g 4s 1942. JAD 102% Akron Oanton A Youngstown— Gen A ref 0s 1946 series A.AAO 56 Aug Term 1st . Gen A ref 5%s 1946 ser B.AAO Cons mtge 4s ser A w i Cons mtge 4%s ser B w i 1988— Alabama Great Southern— 56 69"" Bonds Ask Aususta Un 99% 72 8% 1st M g 6e 1974 « rieb A..MAN Albany A Susq 3%s g 1946..AAO Alleghany Corp— Coll tr conv 6s 1944 FA A Coll A conv 6s 1949 JAD 6s stamped I960.......AAO Allegheny Val gen 4s 1942 MAS Allegheny A Western— 1st mtge guar 4s 1998....AAO 91% 83% 93 86% 73% 87 46% 10215»i 107"" 9% % Equip 6s ser A Utility bonds. Q-J Term— Stamped MAN Oonv g 4s of '09 due 1966. AD Conv g 4s '06 due 1966..JAD Oonv g 4s of '10 due 1960. JAD Oonv deb 4 %■ 1948 JAD Trans S L 1st g 4s 1968 JAJ Oal-Aris 1st Aref4 %s'62 opMAS Rocky Mt Div 4s 1906...JAJ Eq tr 2Mb 1941-1949 MAN b Eq tr 1 #8 Dec 5 1941-1950 Athens Term Ry 1st g 5s '37-.JAJ Atl A Blrm. 55 % W* 77 92 98 100 92 98 96% 103 % 111% 110% 101% 1.70 1.75 106 4s Mar 1 2002...MAS Atlantic City 1st 4s 1951 1st 6s ext May 11954 Atlantic Coast Line RR— JAJ MAN 1st cons 4s July 1 1952...MAS Gen ttnifser A 4%s 1964..JAD 10-yr coll tr 6s May 1 '45.MAN Loo at Nashv 4s Oct 1 '52.MAN Equipment trusts— 2X8 ser F 1942-1952...AAO G 1941-1950 AAO Atlantic Coast Line (Conn)— Irred ctfs or tndebt 6s .JAD ser Atlantic Coast Line of S O— Gen 1st g 4s July 1948... ..JAJ Atl A Danvillw 1st 4s 1948...JAJ 2d g 4s 1948 .JAJ Atlantic A Yadkin gu 4s '49. AAO a 105% ill" 1.40% 1.50% See Seab'd Air Line i— 2s 99% 26 Atlanta Knoxville A Northern— 1st mtge gold 6s 1946 ..JAD cons 99% 108% 94% 94% 108% Atlanta A Charlotte Air Line— 1st M4Hu 1944 ser A. JAJ lut M 6s 1944 ser B ....JAJ 1st 57 oo oo 101 115 100 Oonv gold due 1960 97 77% 65% 85% 70% 78% 65% 2.15 2.00 88 34% 39% 1st 34% 34 26% 53 b b b b 34% 27% Certificates of deposit Cambria & Clearfield Ry— Gen M g 4s 1956... 99 45 32 36% 68% h.Basis, Mtga 4%s 1944...—.....JAJ Mtge 4s 1942....—.....FAA FAA 45 45% 77 48"" 50 51 83 100 1.50% 91% 73% 3%s conv coll trust 1949 76 83% 84 76 5s coll trust 69"" 69% 6s conv 27% 27% 1954 coll trust 1942 Equip trust 5s 1944.. 100 4%s 1941-1945 98 99% 88% Nominal, r 77 77 98% 98% 98% 100% 90 100% 100 101% 100% 101% 3.50 4.35 2.50% 3.50% 4.35 3.50% 107% 64% 63% 65% 56 a JAD MAS JAJ JAD 1st mtge 4s ser A 1965 .MAS Carthage A Adirondack By— 1st gtd 4s 1981..........JAD n 77% 100 Caro Oent 1st g gu 4s 1949..JAJ Carolina Clinchfield A Ohio— ft Last sale, 68 98 JAJ 73 73% 98 4s cons deb conv 80 69 66 AAO coll trust 1951..FAA 4s 74% 75% 75% 72% 3s conv coll trust 1945 63 101 102 67 Canadian Nor deb 6 %s *49. .JAJ Canadian Pacific Ry— 63 76 75% 78% 5s series K 1942-1944..MAN 4%s series L 1941-1945. JAD 78"" 98% 83 100 guaranteed 1957 ..JAJ s guaranteed 1955 JAD 16-yr. guaranteed 1954.FAA 5s guaranteed July 1 1969 JAJ 5s gtd Oct 1 1969 .....AAO 5s guaranteed 1970— FAA Equipment trusts— 4%s series J1942 .MAN 1.25% 101% 66% 95% 1.25% 101 (perpetual) JAJ 4%s secured ctfs 1944 JAD 4%s coll trust 1946 .MAS 4%s coll trust I960-.....JAJ / This price includes accrued interest, 1.75 74 81% s 104 100 104% ..JAJ ...FAA 7-year 2%s 1944.—FAA 7-year guar 2%s 1946—-JAJ 3s guaranteed 1944 MAN 3s 16-year gtd 1952 FAA 3s 13-year guar 1950 —JAD 38 16-year guar 1950—...JAD 3s 16-year gtd 1953 FAA 3s 15-year gtd 1959 JAJ 4%s guaranteed 1951 .MAS s guaranteed 1956....FAA 77 100 5% 6 Guar 46 100 71 5% 2s guaranteed 1942 2s guaranteed 1943 85 _ — 42 69% Canada Atl Ry 1st 4s 1955—JAJ Canada South 6s 1962 ser A .AAO Canadian National Rys— 1.60% 100 33% 41% Equip trust 2 %• 1941 47—AAO 27 lncM4% AJuly 1970——MAN 5a series T Sept 1 1941 1941— 5s series V Mar 1 1942 5s series X July 1 1942.—.— 34 5 1.25% 1.60% 2.00 100% 65% 94% 62% 62% 15 2 31 31% Cambria A Indiana RR— 1.60 77 18% 99 100 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North— Con 1st A coll tr 68 g '34—AAO 0.75% 1.00% 83 / JAJ / 3%s A 1965. .MAN Cons mtge (stamped modified) int at 3% to 1946 due 1957— Buff A Susquehanna RR Corp— 2.00 2.00 45 1.75 16 1.75( Buffalo Rochester A Pittsburgh— 47% 52% 1.50 1.50 1.60 Oct '63..JAJ JAD 5s series U Nov 1 4%# Juy 15 1947—JAJ15 / 481950 40 55 51 1st mtge 5s ser AO 1967...MAS 1st mtge 5s ser II 1956—MAN 1st mtge 4 %s ser J J1981 — AAO 1st mtge 4s ser RR 1960—JAJ m 34% 34 45 4%s irnpt 1978------——FAA 1st mtge 4 Ms ser A 1943—AAO 3%s Jan 1 1951-----JAJ Ref 3%s 1952 gu N Y O..AAO Boston A Maine RR— / 1.60' 2.25 FAA / 2.00< Rev Beach A Lynn— Buffalo Creek 1 *47.JAJ 6s June 1942 2.40 2.75 6s ext to Jan 15 1947 JAJ / Boston Term Co 3%s 1947—FAA / Boonville St L A Sou 6s '61.FAA 90 29% 66% Boston Ask 2.15 Debentures 5s July 1 1938.. 67% 1.60 Equip tr 2Mb 1942-1947..MA8 b Big Sandy Ry 1st g 4s 1944..JAD 107% Birmingham Southern— 1.80 Equip trust 3 %s Dec. I 1941-46 b Birmingham Terminal— 1st g 4s 1957 gu 90 MAS 72 97* 67 FAA Equipment trusts 4%s ser D 1941 JAJ 4%s ser E 1942 AAO 4%s ser F 1941-1944..MAN 2%s ser J 1941-1950 MAS l%s ser K 1941-1950-—JAD l%s ser L 1942-1951.—JAD Bangor A Aroostook— 1st M 6s g Jan 1 1943 .JAJ Oona refund g 4s 1951 JAJ 4s stamped 1951 Piscat Div g 6s Jan 1943.. A AO Van Bur Ext 6s g Jan '43.AAO Battle Or A Sturgis gu 3s '89.JAD Bay City A Battle Creek— 3s 1989. JAD Bedford Belt 1st 6s 1938 JAJ Beech Crk Ext 3% 1951...AAO Belt Ry of Ohatt 1st 6s '45—JAJ Belvidere Del cons 3%s 1943. JAJ Bessemer A Lake Erie- 1.65% 1.60% 86 65% 58% Bid t Bos ton A Maine RR (Continued) Equipment trusts— 3%« 1941-1944 JAD 4s June 1 A Dec 1 1941-1949. 4Mb 1942-1943 AAO 5s 1942-1944 .MAN Boston A New York Air Line— 1st mtg e gu 4s 1955 Boston A Providence— Tol Oinn Div ref 4s A '59-JAJ 79"" 95 64% 57% 100% S'western Div 1st M due 1950 Boston A Albany 6s 78 Called for redemption; see page 110. 101 99% PLEA West Virginia— Ref 4s ext to 1951..-MAN 80 1.50% 87 JAJ JAD int 3%% to Jan 72% P. G A H. *41-'45 b 2.00 1st M 6s 1964 ...MAS Aroostook Nor 6s g 1947 AAO Atchison Topeka A Santa Fe— Gen mtge gold 4a 1996....AAO Adjustment 4s July 1 1996 Nov 1946 73% 47% 103% Potomac—See Ann Arbor 1st g is 1996 Ark A Mem Ry Bridge A g Ref A gen M ser D due 2000 int 1 % to Sept 1 '46.M&S Ref A gen M ser F due 1996 int 1 % to Sept 1 '46-M&S 84 American Refrig Transit— Anacostia gtd 1st mtge g 4s, July 1948-.AAO 4% ext sec notes 1944 FA A Stamped modified bonds: 1st mtge gold due 1948 Int at 4% to Oct 1 1946. A&O Ref A gen M ser A due 1995 int at 1% to Decl '46.J&D Ref A gen M ser C due 1995 interest at 1 1-5% to Dec 1 57% 57 Prior lien 6s 1948 JAJ Gen income 6s Oct 1948...JAJ Alabama A Vicksburg Ry— 105 Bonds Ask 102% Station 4s 1953.JAJ 6s 1941 Baltimore A Ohio— 109% 106% cons g Bid 6s 1947..AAO Austin A Northwestern— 1st mtge 6s 1943 ser A...JAD 1st cons 4s 1943 ser B JAD Alabama Tennessee A Northern— 1st gu g Canadian price. 100% 80 71 75% 80% 103 4.25 40 104% 49 110 NOTICE—All band price* are Quotations for all securities are Bid Bonds A&O 1948 Oatawisaa RR g 4s 'and 1st 5s 1940 Central Branch Union 9% 24 44% 12% 48 _ 13 4 4% 3% T1941-1952—-J&J gold 4s 1951—J&D 3.25% 5% 13% 12~" J&J / 9 Oconee Div 1st 5e 1945-— J&D / Cent New Eng 1st gu 4sl96l J&J|/ Central of New Jersey— ,_| 10 1946 11 63 % 65" ^ Gen M (now 1st) g 5s 1987 Gen M 4s 1987 -JAJ 16 % 1949 . . _ F& A 1 1954—A&O 74% —F&A 54% 54% 17 21 Ky-^, J 77 3.75 101 2.75% 102 128% 103 % 104% 100 102 103% 105 106 106 % 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% 97% G-16 1957.F&A G-17 1958.F&A 1959_F&A I960.F&A 1961.F&A series G-21 1962.F&A 1 963.F&A 1964.F&A 2.85% series G-24 1965.F&A 2.90% series G-25 1966.F&A Equipment trusts— 4%s 1942-1945 3s 1941-1946 2%s 1.50 J&D 1.55 1.65 „-5 M&S 1.60 -F&A — -M&N 1.70 1945—F&A Potts Creek 4s 97% 97% 97% 97% 97% R 1.20% 1.25% 1.35% 1.30% 1.50% 1.50% 116 l%s 1941-1950 1 %s 1942-1951. Paint Creek Br 4s —. 1.70 1946—---■!&J & A Div 1st con g 4s 89.J&J 2d con g 4s 1989 J&J 111% — Chicago & 1949..—A&O / Chicago Burlington & Quincy— Gen M 4s 1958 -M&S 1st & ref 4 %s »er B 1977-F&A 1st & ref g 5s 1971 ser A.-F&A Illinois Dfv 3%s '49 op 29.J&J 4s July 1 1949 J&J Eq tr 2 %s 1941-1947 A&O b Chicago & Eastern 111 (new co)— Gen M conv inc 5s 1997--J&J f *42-'51—M&N b 15% 1962-—-—J&J 1 st 5s 48 A&O Chic Milw 8t Paul & Pac RR— 50-yr 5s 1975 series A F&A Conv adj 5s Jan 2000 A&O 1st mtge 4s w i 1989 J&J Gen M inc 4%s A w i 2014.J&J Gen M inc 4%s B w i 2039.J&J Eq tr 58 ser J '41 to '44-—J&D 4%s ser L '42 to *45—M&S 2%s ser M 1941-1947—M&S 2%s ser U Dec 1 1941-1949— 2%s 1941-1951 A&O Dhlcago Milwaukee & St Paul— Gen g 4s A May 1 1989 J&J Gen g 3%s B May 1 1989.J&J Gen 4%s May '89 series G.J&J Gen 4%f May 1989 ser E.J&J Gen M 4 %■ May '89 Ser F J&J Ext at 3% to Chic Milw & Gary - b 82% 76% 82% 91% 96 1.60 1.90% 1.80% 1.65% 77 2.50 1.75% 12 46 / 53 54 1st mtge 4%s ser A 1957 w i____ 1st mtge 4s ser B 1995 wi 85 Gen mtge conv inc 4%s 18 119 16% 1 106 1951-J&J Cincinnati Union Terminal 97% Co lstM3%sser D 1971 M&N 1st mtge 3%s ser E 1969—F&A Ol'field & Mah 1st gtd 5s *43-J&J Ciev Cine Chic & St Louis— General 4s gold 1993 J&D Gen M 5s ser B 1993— ..J&D Imp 4%s ser E - J&J 97 1.20% 24 2.75 2.25 6 / 27 25% 104% 37 6% 8% 2% 83% / f 0 38% & b 2.25 GenM4%s'87 stpd inc taxM&N / GenM4%s'87 stpd inctax M&N,/ 35 35 2~75 2.10 1.75 21% 22% 22% 23% 23% Galled for rsdemptionj see page 110. con 38% 37% 37% 36% 36% 2.10% 1.60% 1.25% 22% 23% 23% 25% 24% J&J 65% 75 J&D 75 100 J&J 1st 3 %s 1941 J&J Grand River Valley—See Michig Grand TruDk Pacific— Cen Mountain div 4s B '55 A&O 71 Superior 1st 4s '55..A&0 Sterling 4s 1962.. J&J - 84% 90 ser Lake 2% 19% 18% 21% 4s Feb 15 1942 Grand Trunk Western— 71 Grand Trunk Pac Branch Line— Alberta Lines— 18" 19% 19% 19% Great Northern— 1st & ref g 4%s'61 opt'41.J&J Gen M 5%s 1952 ser B J&J ser O ..J&J Gen 4%s 1976 series D Gen 4%s 1077 series K J&« Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H 1946 99 101% J&J J&J Gen mtge 3 %s ser I 1967—J&J Secured serial 4s '41- 44—A&O 54% Coll 1.75% tr 4s 1941-1951 J&J M&S 6 Eq t* 2s 1942-1947 Greenbrier Cheat & Elk— 1st 5s 1944 13% 11% 13% 3s serial 14 2 1% 13% 2% 1% 13% 6 6 2.00 2.00 6 2.75 1.50% 1.50% 2.00% 81 3.75 95 106% 102 % 99% 90% 90% 100% 97 % 81 % 99 103 1.60 J&J 95 M&N 60.75 to M&N 62.75to 3%sserial 1947-1951 1st mtge 4s 1966 / / f 78 M&N lstggu4s$ July 1 1950—J&J Eq tr 5s Dec 14 1941-'43 (yr)„ b Grays Pt Term g 5s 1947 J&D Gen M 5s 1973 2.50 100 an Western div 1st 3s 1962 J&J Prairie Section 4s ser A '55 A&O Denver & Rio Grande Western- lsv 4s 1950 Dec Moines & Fort 102 1945—J&J / / Denver & Salt Lake Ry— Inc mtge 6s Jan 1 I960. An 21 50 26 23 Denver & Rio Grande— 4%s series O 1942 1 2s series F 1941-1950—] 2% 2% 91 22% Reading Co. 1942-1946 M&N „WVa Midland Ext 5s "54.J&J Green Bay & Western— Debenture ctfs A Feb.... / Debenture ctfs B Feb........ / 100% 60 8% Guantanamo & Western— 1st M 6s 1958 series A Gulf Mobile & Northern— J&J 21 56 57% 27 99 Dodge— 3% / This price includes accrued Interest, 7 k Last sale, 91% 95 —A&O 89 90 Secured notes 3s 1942-1945-J&J / / b Basis. 23"" 20% 20% 23 20% 1% 18% 18 20% 18 16% 15 16% 16 18 18 23 Delaware River Terminal- Gen income 5s Aug '55---F&/ Assented subject to plan 11 2 A&O 103 101 6 10% 90 4%s 1982 1st 4%s 1941. 54 1942-49. 89 Grand Rapids & Indiana 111% 118 3%s 1956. Equipta-\ist4s Apr 1 70 9% 9% 2nd ext 6s 1979 M&N / Gouvernour & Oswegatchie— 94" 100% See 35% 34% 22% 110 / '54. / / Deb 4s 1956 guar / / Cuba Co extend 3s 1955— / f Deposit receipts Cuba RR 1st g 5s 1952 J&^ / / Deposit receipts / / Deposit recei ts. 6s extended to " / / / Imp & equip 5f I960--. / Deposit receipts / Danbury & Norw ref 4s 19 Dayton Union Ry— Gen A %-2%s 1941-195( Del & Bound Br 49% 66 / 1st 5s 1942— 29% 1.75% 1.75% 1.85% 1.90% 2.00% 97% 46% Gettysburg & Harrisburg Ry— 1st 4%s 1956— —A&O Goshen & Deckert'n 1st 5%s 1978 28 92 1st 4s Jan 1 1947 Ga Sou & Fla 1st g 5s Deb 5s 1952 1.75% 110 40 28 2.25 2.40 2.50 70 2.15 22% 27 73 2.30 77 104% Consol Rys (N H) deb 4s Deb 4s 1955 1.75% 82 86 100% 8% 8% 2% 62% 85% 76% 68% Connecting Ry (Phila)— 1st M gu 4s Mar 15 '51-M&S 15 1st 5s 1951 M&S 2.25 / 83% 60% 67 0 / 107% 80 4s 73 2.10 / 1% Certificates of deposit.. / 1% Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D / 19 Fort Street Union Depot Co— 1st s f3%s 1965-.. J&D 99 Genesee River 6s 1957 J&J 111 Ga & Ala 5s Oct 1945 J&J / 10 Ga & Ala Term 1st g 5s 1948-J&D / 11 Georgia Carolina & Nor— Ext at 6% to July 1 1934 / 18 Georgia & Florida RR— 1st M 6s 1946 series A M&N 2% Certificates of deposit.. 2 Georgia Fla & Ala 1st 6s '62.F&A 10% Georgia Midland 1st g 3s '46.A&O 55 Ga RR & Bkg ref 6s 1951 —A&O 113 111 1.60% 2.10 94 Proof of claim filed 107 Concord & Claremont 6s 9% 10% / / Amended Coeurd' 1960 2.00 25 106% 24% 1.75% 22% 21% 20% 9 1 st / Proof of claim filed Olinchfleld RR— Coal Riv Ry b Gen ref gold 4s 1950 J&J / 1st cons ref 4 %s *52 opt--M&N 108 A B-A&O 4%s 1977 series O Equip tr 2 %s ser A *42-'fi b 77% 89% 57% 56% 77% 108 f 5%s 1972 series 1st M s f 5s 1973 series f b ser 9 102% 105% 103% 1st 4s gold guar 1995——M&N Cleveland Union Terminals- s 1.75 2.25 Florida West Sh 5s 1934 J&J / Fonda Johnstown & Gloversv— Cleveland Terminal & Valley— 1st 1.65 1.75 98% 75 1950—F&A 77 of '39 1941-49—J&D of '40 1941-50--J&D of '411942-51—M&N Erie & Jersey s f 6s 1955.. ..J&J ser ser 85% 48% 1.50 75% 87% 56% 54% 1977 ser A.F&A 82% 2%s l%s l%s 102 95 4s *90 M&N Cleveland & Pittsburgh— Ser A 4%sgen gtd 1942—J&J Ser B 4%s gen gtd 1942..A&0 Ser B 3%s gen gtd 1942—A&O SerC3%sgen gtd 1948—M&N 3%s gen gtd 50 of '34 1942-51----M&S b Certificates of deposit / Florida Southern gu 4s 1945.J&J 109% 113 1977-J&J CW&MDiv 1st 4s g '91. 8er D 1.60% 109 ser 54 48% 24% 24% 24 99 Florida Central & Peninsula—• 1st cons 5s gold 1943 J&J / Florida East Coast 4%s '59-J&D / 1st & ref 5s 1974 M&S / Ry-r 1942-1952—A&9 Cin Northern RR 1st 4s s 83% 92% 4s 55 92" 49 24 .84% 48% 2015 wi 70 46 „ 103% 2.00 66% 57% 91% 53% 48% 48% Equipment trusts 4%s ser NN July 15 1941-424%s ser of '28 1941-43--M&S b 4%s ger of *29 1941-44—F&A b 4%s ser of '30 1941-45---J&J b 104% 6 A&O/ M&N / A&O 92% 95% 53 F&A A&O / Ref & lmpt M 5s 1975 14 63 ..... - Series B 1953 Series D 1953 Ref & imp M 5s 1967 108% 106% 100% 102% M&N 1965 1.70 107 Erie prior lien g 4s 1996—...J&J / Gen lien gold 4s, 1996 J&J / Conv gold 4s 1953 ser A A&O / 64% Valley— 1st 4s 1948 Cinn New Orl & Tex Pacific Ref & 103 5s stamped M&N gtd 4s 1942 Eq trust 2%s 104% Southeast— 63% 98 100 r Income 5s 2862 __A&0 El Paso & R I 1st gu 5s 1951-J&J El Paso & Southwestern RR— 1st & ref 5s 1965 A&O 51% ^ b 96% 21 107 A&O Tst mtge 3 %s ser A 1970-.M&S Eq tr 2%s Dec 1 1941-1949 Elraira & Williarasporc— 1st 6s 1910 ext at 4% 1950-J&J 78 51 M&N Edmonton Dun vegan & British Columbia Ry 4%s 1944—A&O Elgin Jotiet & Eastern— 66 Gen & ref 4 %s 1981 ser B..J&J Cleve Short Line4%s 1961--A&O / / / / / Equip trust 3%s 1942-'53A&0.o Eq 4%s '41-43 E & F (yr).J&J 5 Eq 4%» 1941 G & H (yr>. J&J 5 Dhlcago & North Western— Gen M 3%s g 1987 M&NI/ Gen M gold 4a 1987 M&Nj/ Stmpd non-pay Fed inc tax. -1/ Gen M 6s*87atpdinc tax. M&NI/ 1 st consol 5s 70% ___ a Consol 1st g 5s 1956 Eastern Ry of Minnesota— Nor Div 1st g 4s 1948 if lst Chicago & Erie 5s 1st g '82—M&N 113 % Chic Great West 1st 4s 1959.M&S / 66% 1st mtge 4s 1988 — J&J 32% Gen mtge inc 4%s 2038----J&J f Equip tr 4%s "A" 1945..A&0 Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J Chicago Indianap & Louisville— Ref M g 6s 1947 serie' ri—J&J Ref M g 5s 1947 serivs —J&J Ref M g 4s 1947 series O — -J&J 1st & gen 5s 1966 series A-M&N 1st & gen 6s May '66 ser B-J&J Equip tr ser E 1941-1944-A&O Monon Coal—See Indus bonds Chic Indianapolis & St Louis— Short Line 1st 4s 1953.—A&O Chic June RR 1st 4s 1945—M&S Chicago Memphis & Gulf— 2.50 2% Cincinnati Lebanon & Nortnern— Cinn & Muskingum Gen & ref 4%s Alton RR— Refunding g 3s Eq tr 3%s ser O b Dayton1942.— .J&D Cine Indianapolis & West RR~lst (stmp mod) 3-5s 1965-M&N 98% 98% 108% 108% 2s 1942-1947 East Tenn Va & Georgia— 11 St L Div 1st coi tr g M&£» 1945-1949 98% 98% 98% 97% 97% 97% 97% 97% 97% 97% 97% 97% G-14 1955.F&A G-15 1956.F&A 2.75% series G-22 2.80% series G-23 98% 97% 97% 1.30% 12 2 General 5s gold 97 % 106% 11 15 gold 5s 1952 82"" 75 106% 10% Chicago Union Station— 107% 1st mtge 3 %s ser E1963—-J&J 105% Guaranteed 3%a 1951—M&S 1st mtge 3%s ser F 1963..J&J 1Q0% Chicago & Western Indiana— 92% Consul gold guar 4s 1952—J&J 94% 1st & ref M 4%s D 1962—M&S Choc & Memph 5s 1949 J&J f 83 Choctaw Oklahoma & Gulf— Consol 1.50% 110 1962—A&O Eq tr l%s 1941-1950 A&O Cincinnati Hamilton & 97 2:20% series G-13 1954.F&A 2.70' 2.70% 129% 103% 104% 1.85 J&J '49—J&J 11% 1st & ref g 5s Dec 1 '60hopt J&D Inc mtge 5s Dec 1 1960—M&S _ 98% 105 / f / J&D Springfield & St L RR 6s 45% 28% 97% J&J 1st mortgage 3 %s 19 2.25 Omaha— 23 Duluth MIssabe & Iron Range— 11% 2.40 Chic Terre Haute & 108 19% b 5s June 15 40 6 1.65 Duluth South Shore & Atlantic— 1st gold 5s 1937 J&J / 16% East Penn 1st 4s 1958 M&S 108 East Tenn & Western N C— 1st stamped 5s 1965 95 M&N Eq tr 4%s 1941-1944——A&O Chicago South Sh & So BendSee Public Utility Bonds Chic 99 % 37 Chesapeake & Ohio— Genera] 4%s gold 1992---MAS Ref & imtp 3%s D 1996-M&N Ref & .mpt 3 %s ser E 1996 F&A 2%% notes. 1941— J&J 2H% notes, 1942 J&J 2% % notes. 1943 J&J 2 % % notes, 1944 J&J 2 % % notes. 1945 J&J 2%% notes. 1946—• .J&J Refunding and improv. mtge-7 1.55sserG-7 1948-- ——F&A 1.65s ser G-8 1949—.—F&A 1.80s ser G-9 1950 E&41.90s ser G-10 1951 ——F&A 2% series G-ll 1952.—F&A 2.10% series G-12 1953.F&A is** 1st gold guar 4s 1953 Dext & Piscataquis 4 %s NO- Con g3%s June 15 51 Mem Div tut 4s 1951 , b Detroit Toledo & Ironton— 1st 5s Mar 1 1964 1.25% 1.25% 1.25% 1.25% 1.70% 1941-1947-M&N b Chic St Paul Minn & J&J Chatt Rome & Sou 1st 5s '47 J&J Chattanooga Sta 4s 1957 gu—J&J series G-18 2.55' 2.60'y0 series G-19 series G-20 2.65' 2s series U Con g 79% 88 1942 series series series series . Chicago 8t Louis & Chateaugay Ore & Iron— 2.30% 2.40% 2.45% 2.50% 1952 ser A. - - -M&S A certif ofdep... . 30-yr omv 4%s 1960 -M&N Equip tr 2%s 1941-1950--F&A 2s series T 1941-1950-— M&N 76 Eq tr 5s Dec 14 1941 1944 (yr). Charleston & Western Carolina— 1st 5b 1946— A&O 2 69% 24% 1.75 1.75 1.75 2.00 IMl-a-.-P&A V 8ec 4 %s 75 60 European loan 4s 1946—-M&S CentralRR & Banking of Ga— Coll tr 5s ext'd to 1942—M&N Central RR of South Carolina— 1st ref 6s 1941-1976 4s 15% ^ 1 st ref 4s g guar Vermont 4H! IS* 80 - 2nd Mort. gold4s 1995-—J&D / Detroit Terminal & Tunnel—■ 1st guar 4 %s 1961 M&N 16% Ask 78 Eq tr 2%s 1942-1947 M&N 6 Detroit & Toledo Shore Line— 4%s series W 1941-44--M&S 4%s series X 1945 --—-F&A 2%s Dee 15 1941-1949---— Chicago Rock Island & Pac Ry— General gold 4s 1988———J&J Certificates of deposit--- —Ref g 4s 1934 opt to 1911—A&O Certificates of deposit— — -Sec 4% «er 1st g guar 4s Oct Guar g 5s 1960 Central 17 14 / -J&J / — Pacific— Central 16% 17% 1.75 3.00 Macon & Nor g 5s 1946-—J&J Mid Ga & Atl 1st 5s 1947—J&J Mobile Div g 5s 29% 16 15% 15% 1 % 68% 23% Bid Des Plaines Val 4%s 1947—M&S f 1st extend 4s 1969 Det & Mack 1st lien 4s 1995-J&D 1 Equipment trusts— 4s series Bonds Ask 28% May 2037--—J&D 1st & ref 4%s May 2037—J&D 1st & ref 4 %s May 2037 O J&D r>»nvg4Ms 1949 ser A—M&N 1st & gen mtge 2%-4s w i J989.1 2d mtge conv inc 4%s1 w11999. lst divisional 4s w i 1969——— 1st 1st & ref 6s 10% 21% Cons gold 5s 1945 — Ref & gen 5%s 1959 ser B-A&O Ref & gen 5s 1959 ser O—A&O Bid Bonds North Western (Con.) 15-year 6%a Mar 1936—M&8 Chicago & Pacific¬ ist 4s 1948 J&D/ Central of Georgia— 1st M g 5s Nov 1 1945——F&A possible for the closing day of the month preceding the date of issue Ask 106% --J&J / intere«t',exceptwheremarked "f" and Income and defaulted bonds near as a« Central Arkansas & Eastern— Ohatt Div 07 RAILBOAD B0ND8 June, 1941] 92 1st 5%s 1950 ser B 1st 5s 1950 series O A&O . Equip tr 2%s 1941-1946—J&D n Nominal, r Canadian price. 1.75 96 1.25% RAILROAD 68 BONDS NOTICE—All bond prices art "and interest" except where marked "f" and Income and Quotations for all securities are as near as possible for the closing day of the month preceding Ask Bid Bonds Gen inc 6s ser A 2015 46 47 1st & ref 4s ser B 71 71% J&J / 1975..—J&J Gulf & Ship Island BK1st ref & term g 5s 87 Feb '52. J&J loo" 85 Stmpd (July 1 1933 cpn on) Gulf Terminal of Mobile— 73 71 1st mtge g 4s 1957 gu J™-1 Harlem R & Portch—See N Y N H & Ha rtford Harris Ports Mt Joy A Lane RR 106 Ext 4s 1943 -J&J 52" 50 Hoboken Ferry 6s 1946. ..MAN 128% 129% Hocking Valley 4 Hs 1999—J&J Holidaysburg Bedford A Cumb— 103 102% 1st M g 4s 1951 guar -J&J 70 Hoi yoke A West 4%s 1951--A&O 62% 64% Housa tonic con 5s 1937.—M&N - Hudson A 1957 opt --FAA AdJ inc up to 6% Feb 57.A&0 1st M 4%s 1957 conv F&A Huntington A Broad Top Mt RR A Goal extend 6s 1940 A&O 1940..—-—A&O 1% Extended 5s Illinois Central 51 18 94% 92 30 45 3d 46% 45% 44% 44* 44% 43% 43 53% 46% 79% 62% 59% 1966.F&A 1951—J&J Louisv Div 3%s g 1953—J&J Omaha Div 1st 3s g 1951—F&A St Louis Div g 38 1951 J&J Gold 3%s 1951 J&J 8p'field Div ext 3%s 1951 J&J Western lines g 4s 1951—F&A Litch Div 1st g 3s 46% §8* 60% 45% 44% 45 49 60 95 62% 63% 2.15 1.50 1.60 1.40% 1.50% 1.50% 1.80 1.85 Q,f1941-1944----F&A Belt RR— 4s 1957 J&J 4%s 1957 J&J Indiana Illinois & Iowa— 1st gold 4s 1950 J&J Indianapolis & Louisville— 1st guar 4s 1956 J&J Indianapolis Union— Ref & imp M 3 %s ser B '86 M&S Internat-Great North Ry— 1st M g 6s 1952 series A—J&J Adj M 6s July 1952 ser A.April 1st M 5s 1956 series B J&J 1st M 5s 1956 ser O J&J Equipment trusts— 4 Hs series B 1942 A&O Internet Rys (Central America)— Purch money 5s 1972..—J&J 75% 19 60 18 22 12% 1% 12% 12% 13 1% 13% 13% 1.75 1.40% 79" 79% 92% 88 • V" 1% 9 1st & gen mtge 5s 1967----J&J Ref & ext 5s ser A 1967—J&J - - w. » 107 54% Central 105 30 Montauk Ext 1st 5s 1945 95 HO Montgomery & Erie 1st 5s 1956. 75 108 Morris & Essex 3 %s 2000 J&D Constr'n 5s 1955 ser A...M&N 39% 40% 35% J&J Bridge Guaranteed gold 4s 1945--M&S Louisville & Nashville— Eqtr 3s F Jan 1 1942-1946... 2%s ser G 1942-1950--M&S Dublin A Savannah— 1st 5s 1947 ..J&J 68 95% J&J Secured 6s 41 41% 86 78 68% 68% 72 75 b 1.75 1.40% b 2.20 1.70% 107% ser.-J&J Kentucky Cent 4s g 1987 J&J Kentucky A Indiana Term RR— 109% 25 J&J J&J J&J 1961.J&J 79 87 1st mtge 4Ha unguar Lake Erie & Western RR— 108 Leamington & St Clair 4s *45 A&O Lehigh & Lake Erie 4%s '57-M&S Lehigh & New England— 1st M gold 5s 1945 J&J Gen mtge 4s ser A 1965 A&o Equiptr4%sG 1941-45.-M&N Eq tr 3s ser K 1941-1947.-J&J Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh Valley— 1st gold 4s 1948.... ..J&D Con M 6s ann lrred ..J&D Con M 4%r ann lrred... J&D 4s stpd modified 2003 M&N 4%sstpd modified 2003..M&N 5s stpd modified 2003 M&N jehigh Valley (NY)-1st 4%s extended 1950...-J&J jehigh Valley Terminal Ry— 1st 5s extended 1951 .A&O jehigh & N Y 1st 4s 1945..M&8 98 112 60% 80% 92% 80% 1st mtge 5s ext at 3 % to *47 J&J 2d 6s 1941 -J&J Lake Shore A Michigan SouthCong g ref 3%s 1997J&D 86 100% / 53 4s *51 .M&S 54 Wise. 69% 97% 88% 100% 92 85 60 62" 109 96% 1.75 1.75 47 96% 1.40% 1.40% .48% 77% 73 ~ . . April 1914 74 59% 26% 61 30% 27% 29% 33% 48 guar.M&N 5oiH 33 Istj poii4s(Apr 1914 2 2 . 54% .56 Central receipt No 4 on Naugatuck 1st 4s 1954. 2% 2% Certificates of deposit Minneapolis Northfield & Southern Ry 1st 6s '41.-M&S 75 Mobile & Birmingham— Prior lien 5s. 1945....——J&J 5s small 1945......—.J&J Gen M g 4s 1945.......—J&J a Called 38 37 40 Certificates of deposit b 1.75 Equip trust 4%s— Newport & Cincinnati Bridge— 100% 1st M g 4%s 1945 guar J&J 52% New York Central RR— 62% 58% Cons mtge 4s 1998 ser A..F&A Ref & impt 4 %s 2013 A A&O 42 Ref & impt 5s 2013 O 10-year 3%s 64 A&O 93% f 1946--A&0 20% 35% 8% 2% Deb 4s 1942 tax-exempt-_J&J L S coll tr g 3%s 1998 F&A M O coll tr g 3%s 1998...F&A 34 103 94 98 100 sec s 5%s 1974 ser n% 3-yr6s ext'd notes 1941 20 Debenture 6s, 1950 Equipment trusts— 2%s 1942-1947 12% 4 66% 1% 1.70% 3d RR— 99% 102 M&N 99% 99% M&S 1938——-M&S Greenwood Lake—5s 1946 M&N mtge 4%s 27 40% 104% New York Lack & Western— 12% 2.75% 21% 20% 21% 20% 22 1st & ref 4s ser A 1973 35 54% 58% M&N 1st & ref 4%s 1973 ser B..M&N New York & Long Branch— General gold 4s 1941 94 M&S 94 General 1st 5s 1941 M&S N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv—J&J15 21% 21% 22% 20% 22% 23% 22 % 1% 1.25% 2.15 84% / Deb 4s May 1 1957 M&N / Deb 4s July 1 *55 non-conv J&J / Deb 4s 1956 non-conv M&N / Deb 4s 1947 non-conV...M&8 / Deb 3%s March 1947 M&8 / 95 83% 84 b Basis. 21 15-year secured 6s 1940 1st & ref 4%s 1967 21% 21% 41% 24% Equipment trusts— 2 %s 1941-1949 2%s 1942-1950... M&S b F&A 6 2.10 M&S 5 2.20 1.80 4%s9-15-41to3-15-45M&S15 b 4%s 1941-1946 J&J b Har Riv & Pt Ohes 4s *54 M&N 95 25% 5% 22% 22% 22% / / A&O / J&D / Deb 3%s 1954 non-conv. .A&O Deb 3%s 1956 conv ...J&J 3s 1941-1951 1% 110. 1.80 2.00 2.25 NY & Har 1st g 3%s 2000—M&N N Y & Hob Fy gs May 1940..J&D 37% 8l" 93 M&S 30% 25% 37 80 A&O J&D New York & Guar g 1.75 75 M&S 1st 4s ext g 1947 2d ext 5s 1939 87 2.25 1 95% 62% 91% 98% 1st mtge 3%s ser A 1965.A&O New York & Erie RR— 84% 20 1.75 2.10 J&J 4s 1941-1949 New York Connecting 82 20% 21% 20% 1% 80 F&A 3s 1941-1951 82 22 60 A&O M&S A Ref 4%s 1978 ser O Coll tr 4s 1946 10% 3.50 81% 100% 64% New York Chicago & 8t Louis— 1st 3%s extend 1947 A&O 10% 11% 10% 30% 25% 26% 12% 61, Spuyten Duyvil & Pt Morris— *3%s 1959 J&D N Y Cent equip trusts— 4 %s 1942 1945 M&N b 2 Ha Mar 15 1942-1952 b 1% 98 J&J for redemption, see page 40 .F&A Certificates of deposit 1st M 4%s 1956 series D..F&A 41% t Secured interest at exchange rate of 4.8665. Nominal, r Canadian price. 1956 series O 17 — 35% 34% 40% 40 20% 3% / 65 1st ref 5%s 1978 ser B—-J&J / 1% 25-year 5%s 1949 M&S / 75 1st Cen Ter Ry 4s ext '53.M&N 75 Minn Terminal 1st 3 %a '50_. J&J 105 Minn Transfer Ry 3%s 1956-J&O Missouri Illinois Bridge and Belt RR cons 4s 1951 J&J 1959..J&J / Equip trust 2 %s 1941-1949F&A b Mo Kans & Okla 5s 1942...M&tt Missouri-Kansas-Texas RR— Prior lien 5s 1962 ser A J&J Prior lien 4s 1962 ser B J&J Prior lien 4%s 1978 ser D.J&J Adj M 5s Jan 1967 ser A..A&O / Eq tr 2%s 1942-1952 F&A b Missouri Kan & Texas Ry Co— 1st gold 4s 1990 ... J&D Mo Pacific RR (new company)1st & ref 5s Jan 1965 A F&A / Certificates of deposit / 1st & ref 5s 1977 ser F...M&S/ Certificates of deposit / 1st A ref 5s 1978 ser G—.M&N / Certificates of deposit...— / 1st & ref 5s 1980 ser H—A&O / Certificates of deposit.. / 1st & ref Ss 1981 ser I F&A / Certificates of deposit.. / Conv g 5%s 1949 ser A...M&N / Secured 5%s 1941-1956—J&D f Eq tr 4 %s '42-*44 F tyr)._M&N b Equip tr 2%s 1941-1949..F&A b Mo Pac (old)—Gen 4s 1975.M&S / 3d ext 4s July 11938 M&N / 71% / / Certificates of deposit Ref 1st cons 5s 1938 gu int J&J 2d M gold 4s guar 1949—J&J 1st ref 6s 1946 series A J&J / 3 %s conv secured 1952 M&N New York Central & Hud Riv— Ref g 3%s July A 1997...J&J 96 gold 4s 1938 J&J / gold Ss 1938-—.—J&J / 19% 71 1st M 5%s 1954 series A—A&O Certificates of deposit.. 66% 8% 2% % % 3 76 A&O / * 1st 5s 1954 series B 58 30 31 14 J&J New Qrl Term 1st 4s 1953..J&J New Orleans Texas & Mexico— Non-cum inc 5s '35 ser A—A&O Northern— / 4s 1947M&S / Mil&State Line 1st 3%s 1941. J&J / Minneapolis A St Louis— 5s ctfs of deposit 1934..—M&N / 1st refdg gold 4s 1949 M&s / Ref A ext 5s Feb '62 ser A.Q-F / Certificates of deposit—... / Merriam Jet & Albert Lea— 1st 7s ext at 6% 1932..J&D / Certificates of deposit / 74 „ / , 82 J&D 32 f Income deb 5s 2032 J&J/ New Orleans & Nor East 6s 1915 Ref & Impt 4%s 52 ser A.. J&J 69 ...J&D / 53% 53% / General 5s Jan 1 1938 New Orleans Great Northern 73 37 52% 39% 25 2% 82 M&N New Eng cons 4s 1945 gu J&J Oonsoi g 5s July 1 1945...J&J New Haven & Northampton— Ref cons 4s 1956— .J&D N J June 1st 4s gu 1986 F&A N J & N Y 1st ext 5s 1950—M&f 1st 5s A&O / A&O A....Sept 2% 1951 50-year 1st 5s 1983 67% 98% 63 2% Assent cash warrant and scrip 71 AdJ M Apr 1 *53 ser Adj 5s series B 1953 Sept 4s small 1945 3 coupon on) April 1914 coupon" ~off"l95l J&D / (Foreign series) 1960 Midland of New Jersey— 55 % 1977. 52 66% 96% 1st 4s 1957 J&J Middlesex Val 1st 5s 1942..M&N 48% 29 ' 1977.. on National BR of Mexico— Prior lien 4%s assent cash warr't & scrip ret No 4 on '26 / Joliet & Northern Indiana— cons coupon off scrip receipt No 5 81 116% 85 Michigan Central— Ref & inapt 4 %s 1979 ser C. J&J 1st gold 3%s 1952 M&N Grand River Valley— 1st 2% 2% 2% Assent cash warrant and 72 lstext4%8 1939 2.15 4%s— scrip receipt No 4 on 1957. Gtd gen a f4s (Apr *14 coup on) 89)1 29 Con ext 4 %s 1939 Mil Sparta & NW 1st lien 68% M&S July 1914 coupon on 1957... July 1914 coupon off 1957... 110% 40% Milwaukee & F&A A Assent cash warrant and Manitowoc Green Bay & Western 1st gtd 3%s 1941. ..J&J ext at 5% to 1940 Midland Valley 5s 1943 ser Jan 1914 coupon on 1957 90 _ 90% Prior 110 1.50% Mo-Illinois RR 1st 5s 97 1st M 4s 1978 105% 2.00 41% f J&J Constr'n 4%s 1955 ser B.M&N Nashville Chattanooga & 8t L— 1.70% 1.50% 104% 108% Equiptment trust 5s to 1944 & Manila RR Sou Lines— 1st 4s extend 1959 ... M&N 43 f J&J 1978 87 82 g J&J . 79 % 51% 1st 1955 * 1st mtge & coll 4s ser A *45 J&D Conv gen 4%s ser A I960.J&D 1959 6s Eq tr 2%s 1942-1952 National Rys of Mexico— 93 Macon 94% Kansas Oklahoma & Gulf— 4Ms stamped 1961 Ha plain 1961 - 104% 98% Minn St P & Sault 8te Marie— f Kan City Sou 1st g 3s 1950--A&O Ref & Impt 5s Apr 1 1950. _ J&J Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 A&O 103 % 1st A ref 4%s 2003 ser O—A&O 97% 1st & ref 4s ser D 2003...A&O 92% 'st &ref3%8 8er E 2003.-A&" 86% Eq tr 2%s 1941-1954 J&D 6 21.5 l%s 1941-1950 J&D15 b 1.80 Ext mtge unif 3 %s A '50. J&J 104 % Ext mtge unif 4s B I960--J&J 106% Atl K & Cln Div 4s 1955- -M&N 108% Pad A Mem Div 1st 4s *46-F&A 105% St Louis Div 2d 3s 1980--M&S 87 Mob & Mont 4%s 1945--M&S 108 Southern Ry joint Monon collateral 4s, 1952 J&J 89 L & N Term 1st g 4s *52 gu J&D 108 1st cons Sept 1 r income 6s Mar 1934 55 Mich. 108% 90% 125 Louisville Henderson & St Louis— 1% 105% 105% Ref & ext 6s ser B 102 127 Non-cum inc deb 5s 2008.-Jan/ 50 Jacksonville Terminal— 1967—J&J Jamestown Frank & Clearfield— 1st g 4s 1959 guar J&D Jollet & Northern Indiana—See Joplln Union Depot Co— 1st 5b June 1 1944 J&D Kanawha Br & Ter 5s 1948.A&G Kana & Micb 1st 4s 1990--A&O Kan City Ft Scott A Memphis— Ref g 4s 1936 guar. A&O Certificates of deposit Kan C Mem & Bir 4s 1934.-M&S Gen Midi RR 4% franc bonds 8 49 Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S 1st 4s 1959 M&S Jackson Lansing A Saginaw 1st 3%s Sept 1 1951—.M&S 107 Gainesville & Gulf Ry 1st 5s 1951 ...A&O f Jackson Lansing & Saginaw— See Michigan Central 50 4s Sept 1914 coupon on 1977.. / 4s Asst(cash warr A coup)..1977/ Jacksonville n J&J 1.50% Mexican International— 16% J&D Iowa Central 5s ctfs 1938.-J&D f 1st & ref g 4s 1951 M&S f gold 86% 2.00 25 80 Memphis Union Station Co— 1st ggu 5s Nov 1 1959 M&N 73% M&N F&A 1st M 5s 1972 opt 1st 1 & refers 1947 Debenture 4s 1961 Oonsoi 97 A&O Meridian Term 4s *55 b 33 53% Monongahela Ry Co— 1st mtge 3%s ser B 1966.F&A Monongahela Sou 5s 1955...A&O 1.90% 112 / / / / 1.50 Monon Coal—See Chic Ind & Lou 49% 108% / 1.65 2.65 1991 M&S 3%s 2002—.M&S 87 2.30 Genl mtge Gen mtge 1st guar g 4s 1.25% lstcons A 6s 1963 A&O Marshl'Lld & Southeastern—See 50 ^ F&A b 46% 55% Mohawk & Malone— J&J Prior lien 1st 5s 1945 Gen sf 5s 1974 Maryland & Pa 1st .J&D 1942-1951 ilst gold 4%s 1961 97 1.75 49% 49% Indiana Harbor 5e 95% 96% 96 96% 1949 M&S Refunding mtge 4a 1949..M&S 4s stamped 1949 .M&S Equip tr 4 %s 1941-45 (yr).F&A b Louisiana & Ark 5s A 1969---J&J Equip trust 3%s to 1946 A&O b La & North West 5s 1935. _A&0 / 92 M&S Kq 4 %s 1942-1942 (yr)..J&J15 Eq tr 2%s 1941-1955 F&A Montgomery Div g 5s 1947— Certificate of deposit / 20 95 % Unified g 4s. Macon Terminal 5s 1965 Maine Central— 1.75% 1.75% 1.00% 2.15 111 Cent RR Co & Chic St L & N O RR jt 5s, A. 1963—-J&D 1st M 17 4s. 1938 of deposit 1977 5s certificates of deposit 1938.. Eq tr 4s 1942-1943 M&8 Long Island— 47 47 Equipment trusts— 2%s ser T 1942-1949—M&S 3s ser R. 1941-1952 M&S 4%b ser N. 1941 A&O 4%s ser O, 1941-1942—.J&J 4%s ser P, 1944 A&O Eq tr 2s 95 70 92 1950—J&D 4%s series C, 1963 Illinois Terminal RR— 97 32 M&N Ref mtge 5s 1955 40-year 4%a Aug 1 Gen gold 4%s certificates 103 100 1st. gold 4s 1939 guar ...J&J'/ Long Dock cons 3 Ha 1950—A&O / Bid Bonds Mobile & Ohio— 62 1st & ref 5s 2003 ser B 1st gold 4s 1951— --JAJ Sterling 3%s coll tr 1950—J&J 1st gold 3%s 1951 J&J 1st extended g 3%s 1951--A&O 1st g 3s sterling 1951 MAS Coll trust gold 48 1952—-A&O Ref g 4s 1956 oj)t 1918--M&N Pur liens 1st g 3 Ids 1952 J&J Collateral trust 4s 1953 M&N 4s ser "2% — Bridge 4s g 118 1st mtge gold 5s 1946 Louisville & Jeffersonville 44% 9% 44% 9% Carlo «. Ask 116% Lex& Easfn lstgu 5s 1965--A&O Lincoln Park A Charlotte— 1st extended 5s 1949 J&J Lltcbf & Madls 1st 5s 1959.M&N Little Miami guar 4s 1962.-M&N Little Rock A Hot Spr West Ry— Manhattan— 1st gold 5s Bid Bonds Gulf Mobile & Ohio RR— defaulted bonds the date of issue J&J New York Ontario & Western— Ref 1st g 4s June 1992....M&S / Gen M g 4s 1955 red J&D / N Y & N J Ferry 5s 1046 / Price includes accrued Interest, 2.15 1.85 '84% 42 5% 1% k Last sale. NOTICE All bond ortc«s are Bid Bonds New York Pennsylvania A OhioPrior Hen ext 4 32 s, 1950.-MAS'/ 103 54 Stock trust ctfs 4s 1948.—JAD f 103, N Y Prov A Bos 4s 1942 AAO / r95>» NY A Putnam 1st 4s g 1993.AAO 4822 107 54 N Y 8hort Line 4s 1957 FAA Phila A Reading 50 10854 55 NY & Stamford 4s 1958 MAN New York Susq & Western— 1st refunding 5s 1937--.—JAJ 2d mtge 4 Ha 1937 F&A 100 / f Gen mtge. 5s g 1940 -F&A Term 1st g 5s 1943 -MAN N Y Westchester A Boston Ry— 1st M g 454s 1940 guar JAJ Norfolk A Carol 5s 1946 JAJ 3254 13 13 14" 8354 / 21 20 2054 20 21 ganization manager) 1941- 95 100 7154 1754 lst mtge 454s w 1 1998 Gen mtge conv inc 5s w 12014- Norfolk Term 1st gu 4s *61-MAN Norf Term A Transp 5s '48.F&A Norfork A Western Ry— 1st con 4s 1996 73 1854 120 12654 AAO 12854 101 Norrlst'n A Maine 1st 4s '52 MAS 'rforth Pennsylvania RR— Gen g 3 3s 1953 11554 MAS Northern Cent 5s 1974 A Gen A ref 85 JAD 112 4^sB stpd '74.MAS Northern Ohio Ry— 114" 75 AAO / 1st gtd g 5s 19451st mtge g 5s (stamped cancella-t tion of guarantee 1945--AAO / Certificates of deposit .;/ V 7654 QA J OAF At; J&J B JAJ Ref A imp 6s 2047 ser Ref A imp 5s 2047 ser O Ref A imp 5s 2047 ser D Eq tr 222s 1942-1947 4454 53 54 6654 5854 5854 JAJ JAJ MAS Eq tr 252s 1911-1946 JAJ Eqtr2 3<s 19tl-1950-.--.FAA Nor RR of N J gen 4 34s 2000. JAJ & b b / N'western Term Co 5s 1948-FAAj N'western Term RR 5s Apr 1977- / 1.75 1.80 1.90 23 15* n* 67 6054 5954 1.30% 1.35% 1.50% 1st guar g Old 24" 10154 JAJ / 4s 1948 68 71 12 1254 1254 1254 1254 , JAJ/ Colony RR 4s 1938 654 10654 FA A / JAD/ M 4 Ha 1950 series O JAJ / City-Ada-Atoka 6s '54.JAJ / 12 1st M 554s 1944 1st M 5s 1945series B 12 1st 12 Okla 1st cons guar, 5s 1946 JAJ Oregon-Washington RR A Nav— 10654 1st A ref g gu 4s '61 opt.-JAJ PacFruit Express—See Sou Pac— 85 Pac of Mo 1st ex g 4s 1938--FAA / 2d ext 5s gold 1938 JAJ/ 8154 Carondelet Branch— I 80 1st extended 434s 1938.AAO/ 80 St Louis City real est 5s *38 JAJ / 104 Paducah A 111 1st 4 Ha 1955.JAJ, 10654 87 86 Pennsylvania Company— 28-year secured 4s 1963 FA A Gu tr ctfs g 4s 1952 MAN Gu tr ctfs g 334s 1942 JAD Gu tr ctfs g 3 34s 1944 JAD Penn ANY Canal A RR— 7 40 60 71" 105 10554 10754 10454 110 105 62 Cons extend 4s 1949 __AAO 66 6754 Pennsylvania RR— Con M 4s gold 1943-. Con M 4s gold 1948 Gen g 4 Ha 1965. Gen g 5s Dec 1 1968 10354' JAD 1970—AAO Conv deb 3 32* 1952 AAO 30-yr secured 4s 1941-1964.JAJ Gen M 3 32s ser O 112 112 12154 10654 113 10254 10254 9354 9554 9054 10054 1.85 1911-1950. JAD b 1912-1952 MAN|& 254s Oct 1 1941-1954 .AAO 6 2^8 series K 1941-1955.JAJb 1.65 1.75 2.00 2.10 1 2.10 2 Ha series G 2 ^s series H 22> series L 1942-1956.FAA b M.IS Equip tr 4V£s 1912-1945-.MAN b Equip tr 2 548 1942-1947--MAN|& Equip trust 2 Ha 1941-"46 .JAJ 6 Perkiomen RR ext 3 Ha 1951 .JAJ Phila A Bait Cent 4s 1951 MAN Phila Bait A Washington— 1st iold 4s 1943 MAN Gen 4s April 1 1960—...AAO Gen 5s 1974 series B— T&A Gen M 4Ha 1977 tar O.. JAJ God 4^ series D 1981 T&D Phila A Chester Val 4s 1918.AAO Phila A Frankf 1st 454s '52..FAA Phila Newton A N Y 3s 1942 AAO Philadelphia A Reading RR— Impt mtge 4s 1947 AAO Extend 4 54s 1943 AAO — . 1942 MAN 10622 5454 5554 5524 5424 3.00% 2.75% 2.25% 53 5354 3.75 3.15 2.75 Ferries) 1st 554? 1949 4s Sept 69 104 8222 83 1.35% 95 53 4222 "52 1st extend 3s 1948 __M&S Tenn Ala & Georgia 4s 1957 Terminal RR Assn (St Louis)— 952 4354 924 1422 impt M 324s B '74-J&J Terre Haute & Peor 5s 1942.M&S 85 54 87 / JAJ/ 624 5 5 l» 7 JA Ref & 1st gold 5s 2000.. 2d 5s Dec 1 2000 93" 92 35 70" 35 90 4s 4sseries CO 1912-1943.MAN,& 4 54s series DD 1942-45. AAO St Louis Southwestern— 1st g 4s 1989 MAN b Gen A ref 5e ser Equipment trusts— 454s series K 1911-1945.JAJ St Paul A 68 1st guar g 4s 1943.. JAJ San Fran Terra 1st 4s 1950.-AAO 1.75 1.90 1.80 90 10354 69 1.30% 1.50% 1.40% 93 10454 10754 105 11854 114 10854 88 95 10154 119 11454 10954 1935.JAJ / Schuylkill A Lehi'h— 1st 4s 1948 MAN Scioto Val A N E 1st 4s 1989MAN Seaboard Air Line Ry Co— 1st gold 4s 1950 AAO Stamped AAO Adj mtge 5s Oct 1 1949 FAA Ref gold 4s 1959 opt 1..AAO Certificates of deposit 1st A cons 6s 1945 ser A MAS 105 103 10254 b Basis, / / / / / / Certificates of deposit / 5% secured notes 1931 FAA / Receiver ctfs 3-3 54s '45—FAA Atlanta-Birmingham Div— 1st g 4s May 1 1933 MAS / 85 10 57 1.35% 1.40% 1.80 10552 91 9154 10480 7154 7154 7054 A&O b F&A b 1.50 1.70 J&D b D 1941-1952—.M&N b 1.85 1.70 2.00 JAJ 10154 1st gold 4s April 1 1950...AAO Tol Term 1st 434« *57 gu MAN Tol Walhoudlng Valley A Ohio— 46 28 1.70 90 79 imp M 3 22s ser A '60 JAD Mary's Div 1st 4* 1951F&A 109 52 1st mtge 4s ser B 1967 Toledo St Louis A Western— 7454 1.35% 76 1st g gu 4s 1942 ser O MAS Toronto Hamilton A Buffalo— 104 gold 4s June 1 1946 JAD Consol M 454« 1966 ser A. F&A Transylvania RR 1st 5s 1956.J&J Union Depot (Columbus, Ohio)— Gen 4 54» 1946........--.J&J 94 1st 1752 92 78 52 104 Union Pacific— 1st ry & land gr 4s g 1947—J&J 35-year 354s debs 1971—M&N 34 vear 3 l-4« debs L970 _A&0 Ref mtge 3 548 ser A 1980.. J&D Eq tr 222s ser K l9H-'52—J&J Union RR (Penn) 1st 5s '46.M&S "422 4 922 114 112 22 Deb 6s 84 M&S 1946 Union Terminal Co 22 9322 8554 10524 10654 Vandalia RR 4s 1955 1154 1054 122 422 622 534 622 6352 1354 121 M&S 10854 11054 11054 A..F&A M&N 108 54 1934 J&J July 1914 coupon ofT J&J war & scrip ret No. 6 on Vicksburg Bridge Co— 1st mtg g 4 54s 12 12 Cash 124 454 1st 5 4 ser 10254 112 54 121 Series B 1957 Vera Cruz & Pacific RR— 12154 1.70 113 114 M&S F&A 1st 454s Feb 1 1973 Gen 1st g 354s 1951 91 97 104 M&S M&S 1st 4 54s Sept 1 1979 General gold 4s 1944 1st 4s Sept 1 1948 4 11154 97 54 (Dallas) 1st mtge 3 22s 1967 F&A United N J RR & Canal Co— 9454 9524 / This price includes accrued interest. 102 M&N b B 1912-1943 22s ser 11022 10922 Toledo Peoria A Western RR— Santa Fe Prescott A Phoenix— MAS 7854 St 13 24 St Paul A 1st g 5s 1942 | Savannah A Atlanta 6s 58 83 54 91 San Antonio & Aransas Pass— 10754 1.70 2.05 Ref A 80 66 4754 854 1.65 2.05 Toledo A Ohio Central— 1352 79 - 8554 Toledo Canada Southern A Det— 1st 4s 1956 ...JAJ UH 1.75 JAD 80 7754 St Paul East Gr Tr 4 54s 81H 13 Duluth— 1st consol g 4s 1968 9154 12 13 2554 1652 b 11 6654 9954 45 JAJ JAJ A 1990. --JAJ 2.45 Tex Pac-Mo Pac Term RR— 1st M g 554s 1964 M&S 74 2d g inc 48 Nov 1989 1st term A unif 5s 1952 to 102 2 70 35 1252 1154 1224 1154 1352 1254 MAS stpd.. ser 4 54s ser C 1941-1944 71 7054 6924 3354 Equipment trusts— 103 Equipment trusts— 4 548 ser JJ 1942 4 54s ser A 1942-1943 109 Ry Cons In 4 54s 1978 ser A Certificates of deposit J&D — Ann Mar A&O Gen & ref 5s 1979 ser O A&O Gen & ref 5s 1980 ser D...J&D 118 Certificates of deposit Prior Hen 5a 1950 series B.JAJ Certificates of deposit. J&J Gen & ref 5s 1977 ser B 90 . F&A 1st M 532s 1950 guar Texas & New Orl 5s 1943 Texas & Pacific Ry— 754 522 454s stamped 1941 JAJ Clair Maa A St Louis Belt— Alton Rridge 1st g 4s '51-.JAJ St Clair Term RR 5s 1950..MAS St Johns A L Cham 5s 1944.MAS St Jos A Grand Island 4s *47. J AJ St Lawr A Adlrond 5s 1996--JAJ 2d gold 6s 1996 ..AAO 8t Louis Iron Mountain A 8011— Riv A Gulf Divs 4s 1933-MAN Certificates of deposit St L Peo A N W 5s 1948 JAJ 2.60 Texarkana & Fort Smith— 1st consol gold 58 1944. .-F&A s f g 4s '53 opt '10.J&J Gen ref Ry— 4V4s 1941 2.30 Susquehanna Bloomsburg A 10S Berwick RR 5s 1952 A&O 6 Tampa & Gulf Coast g 5s'53.A&0 Tampa & Northern RR— 47 5s (stamped 3s) 1936 J&J / Tampa Un Term 4-654s '53..J&J / 46 1252 MAS / 4s stamped 1949... con M 43 JA 1.75 1.75 2.40 Tavares & Gulf RR— 105 5s 1939--JAD 1940 _JAJ 1st 4s 1939 10552 10322 1.50 30 Spok lnternat 1st g 5s 1955-JAJ / 10354 Staten Isld Ry 454s 1943 J&D Stephenvllle Nor & Sou Texas— 10 1st M guar g 5s 1940 stmp.-J&J 90 Stoney Creek 1st ext 4s 1957-A&0 Sturgi8 Goshen & St Louis Ry— 43 1st 3s Dec 1 1989 J&D 30 Suffolk & Car con 5s 1952..-J&J 101 Sullivan Co RR 6s 1944 A&O St 10654 11354 10254 1.50% 1.35% 1.45% 1.70% 1.75% 1.75% 68 1.70 M Rutland 123 9054 54 72 6622 8154 8154 JAJ 1st 4s 1995 72 19 1754 Prior Hen 4s 1950 series A. JAJ 96 Spartanburg Union A-Columbia— 87 69 JAD JAJ 4s 1951-J&J St Louis Div 1st g 452 1 1951 4 54s 1957 .—.JAJ Rutl Can 1st g gu 4s 1949 JAJ 11254 11254 94 9552 104 80 a 66" Railway— Develop A gen M g 4s '58-AAO Develop A gen 6s 1956 AAO Develop A gen 6548 1956 AAO Equipment trusts— 4s series BB 1942-1943-MAS 434s series CO 1941-44—J&D 1 J4s ser GG 1941-50--M&N b 154s series HH 1941-50-J&D b Aiken Branch 4s 1998 —J&J 1st Mem Div g 5s 1996 J&J 91 95 5224 Stamped (Fed tax) 1955-JAJ Southern 106 Rich A Mecklenb'g 4s 1&48-MAN Richmond Term 334s 1965..MAS Klo Gr June 1st gu Rio Gr So 1st g 4s AAO / Southern Pacific RR Co— 1st ref g 4s 1955 opt 1910-JAJ 10554 11752 9922 9354 55 52 52 52 22 Southern Pacific (Golden Gate 1st consol g 5s 1994 Port Richmond Warehouse— 60 Called for redemption; see page 110. b b b b b 2 52s series Q 1941-55—AAO b 252s series R 1942-56- —J&D b 65 Eq tr 454s 1942-45 (s-a).-MAN Delaware River Terminal— 1st 5s Equipment trusts— 454s series J 1941-1942..JAJ 454s series L 1941-1944.JAD 454s series M 1942-1945MAN 254s Aug 1 1941-1954 2 52s series N 1941-1951 MAN 92 opt*06--A&O 6734 AAO 45 ..Aprl/ 4 Peoria A Pekln Union Ry— 1st g 5Ha 1974series A FAA 106H Peoria Ry Ter 4s 1937 gu op. JAJ / 62 2U cons inc 4s 1990 A..JAJ B. JAJ 1654 114 Mortgage 4s Dec 1 1996--JAD '47. JAJ Kansas City Short Line 1st guar 4 4s 1941 ..FAA 8t Paul Union Depot— 1st A re.' 5e 1972 JAJ Salt Lake City Union Depot and RR 1st, 5a 1938 MAN Salt Lake A Ogden 5s 1934 Peoria A Eastern Ry— 1st cons ext 4s 1960 a 15 40 Gen A ref 4 Ha 1997 ser A._ J&J Gen A ref 4 Ha 1997 ser B.JAJ 10654 Equipment trusts— 4s series E 1942-1949..-JAJ & 4b July 1956 ser 4 Ha 1980 ser O 1951 St Louis-San Francisco Gen M 4 Ha 1981 ser D...AAO Gen M 4 Ha ser E 1984 JAJ Deb 434s 1970 AAO Pere Marquette Ky— 1st 4 5s July 1956 ser 10354 105 MAN MAN MAN FA A JAD 4s stamped 1948 Con M 4 Ha gold 1960 Jer Cent 4s _ 60 g 101 11152 10354 Reading Company— 1st 1949--AAO 1949-AAO 1st A ref 4 34s series B 1981 111 11054 MAN 1st guar 4 54s 1934 Rock Island-Frisco Term Cons 1 st extend 434 s Penn Ohio A Detroit RR— 1st A ref 434s 1977 ser A..AAO 119 110 22 1st coll tr 4s 1949 opt AAO Rock Island Ark A Louisiana— 56 5s 4952 82 Klo Gr West , 1st 117 102 Rich-Washington 4s 1943 Paris-Orleans RR— 6% franc bonds (foreign series) red to 1956 JAD / Paterson Extension 5s 1950.JAD/ Paulista Ry 1st 7s "42 ser A MAS 15 / 5354 '49..JAD 1977-MAS 40-year 45*s 1968 MAS 50-year 454s 1981 MAN 454s 1969 with warr ..MAN 10-yr secured 322s 1946...JAJ Coll tr 4s (OP) Aug 1 1st 4 Ha (Ore Lines) 119 1956—MAS 83 South Indiana 1st g 4s 1951—FAA Southern Pacific Co— 117 MAN 65 AAO Southern 111 A Mo Bridge Co— 1st M g 4s 1951 MAN 109 1947—AAO Raleigh A Augusta Air Line— 1st 5s 1931 JAJ Ral A Gaston 1st 5t> g 1947--JAJ Raleigh A S'port Ry 5s *65—JAD Reading Belt 1st 4s 1950 MAS 10854 11354 11554 , 1st 109 11154 11154 (Me) Term gu 4s 1961-JAJ 5s 1961 JAJ Prov Ter 1st g 4s gu Prov A Wore 1st 4s 9 10854 11354 11454 1946-JAD Ore 8bort Line 1st 5s 1946--JAJ Ore RR A Navcons 4s Cons 1st extend 109*54 Reading Co. 1951 5s 85 79 1954 108 Guar 77 10354 50 Portland A Rumford Falls— Portl 3H 3 21 Somerset Ry 1st A ref 4s '55.-JAJ 1st M 4s July 2 1950--.—JAJ South A North Alabama— Gen cons gu g 5s 1963 6% receivers' ctfs 1929—-FAA 8hawmut 5s 1959-- JAD Pitts Shenango A Lake Erie—■ Cons 1st g 5s July 1 1943--JAJ Pittsburgh Term BRA Coal— 5s Unasspnted 1942..-—JAJ 1st extend 5s 1952 JAJ Pitts Va A Char gu 4s 1943.MAN Pitts A West Va Ry 454s '58AJAD 1st M 454s 1959 ser B —— AAO 1st M 454s 1960 ser C AAO Eq tr 4s 1941-1948 -FAA Eq tr 354s Apr 1 1942-1946 Eq tr 254s 1941-1946 JAD Pitts Young A Ashtabula— 1st gen 4s series A 1948—JAD 1st M 5s 1962 series B FAA 1st gen 5s 1974 series O—JAD 1st 4 54s series D 1977 JAD Port Reading 1st ext 3 54s '56 1 AJ Port Richmond Warehouse— Prov Sec deb 4s 1957 gu ft* Ogdensburg A Lake Champlain— Ohio Connecting 4s 1943 MAS Ohio A Little Kanawha 5s '50 MAS 99 South Bound RR 1st 5s 1941 AAO / Gen M 5s 1975 ser B ..A&0 Gen M 454» 1977 ser O.-.JAJ Pitts Shawmut A Northern—• See A Lewisb'g—_ 10754 4 Ha series J 1964—..——MAN Gen M 5s 1970 ser A_——JAD 28 10054 Norwich A Worcester 4 54® '47M&8 Shamokln Sun bury 10352 105H • Prior lien g 4s Jan 1997 Gen lien g 3s Jan 2047Ref A Imp 454s 2047 ser / 6s ser B ctfs of deposit— / Seaboard A Roanoke 5s 1931.JAJ Seacoast RR prior lien 5s *48. AAO _ Northern Pacific— * 98 Seaboard-All Florida Ry— 6s ser A ctfs of deposit-..-..-- 2d ext'd 5s 1945. JAJ Shrev Bdg A Ter 5s '55 gu—FAA Sioux City A Pac 354s 1936—F&A 116 Pitts A 106 554 422 422 1945--------MAN 354s series E 1949 —FAA 4s series F 1953—------JAD 4s series G 1957— MAN 4s series H I960FAA 454s series I 1963 -FAA 354 ganization manager) 1961- / Ctfs of dep (issued by reor¬ dep (Issued by reor¬ 4H Northern— 3 52s 1906.----- —-------JAD Pitts Bessemer A Lake Erie— Cons gold 5s 1947----JAJ Pitts Cin Chic A St Louis— 454s seriee B 1942 454s series C 1942——--MAN 104 20 9622 100 Piedmont A Southern— Ctfs of 96 2.625% 1942-51---Phillppine Ry 1st 4s 1937—-JAJ Certificates of deposit 0.50 to Bid Bonds Ask __ MAN 4sseries D 352 10254 1st A ref g 58 *61 opt *15—F&A'/ Certificates of deposit reg...'/ Term RR— 1st s f 354s 1966 Serial bonds— 10454 10354 Bid Bonds Ask | New York Phlla A Norfolk— where marked "f" and Income and defaulted bonds possible for the closing day of the month preceding the date of Issue "and Interest" eacept Quotations for all securities are as near as Norfolk 69 rajlboad bond8 june, 1941] s M&S f 4-6s 1968 .Vicksburg Shreveport & Pacific— ref & impt 5s 1973. M&N 652 I 7854 7 ;Va & Southwest 6s 2003 6452 I .J&J 1st cons g 5s 1958— --—A&O Virginian Ry 3 22s A 1966—M&S 16 A:Lastsale. n Nomina] r Canadian price. 92 81 72 10854 70 RAILROAD bonds ° Quotation! for all securities Bonds and Stocks Bid Wabash Railroad Co— 1st gold os 1939 2d gold 6s 1939 M&N F&A 1st lien term gold 4s 1954-J&J Det & Chic ext 1st g 5s '41.J&J Des M Div 1st g 4s 1939- J&J Toledo & Chic 4s g 1941—M&S are Ask 5554 Stocks 1714 50 5814 61 17% 5354 - Central of New Certificates of deposit Ref & gen 5s 1976 ser B—F&A Certificates of deposit...— Ref & gen 4 54s 1978 ser O. A&O 12 11 1154 12 Chicago & Eastern 11% UH Certificates of deposit...— Ref & gen 5s 1980 ser D..A&0 Certificates of deposit Eqto 2Josser H 1941-47..A&O Warren 1st ref g 354s 2000--F&A Washington Central Ry— 1st 4s Mar 1 1948 Q-Mar Washington Co Ry 1st g guar 3 %s Jan 1954 -J&J Washington & Franklin Ry—. 1st extend 4Mb 1954 J&J Wash Term Co—3 54s 1945--F&A 1st gold 4s 1945 guar F&A 11% 2.50 7054 4614 Washington & Vandemere—_ 1st 414s 1947 F&A J&J Pittsburgh— 4s 1990 A&O 11054 5154 Western Maryland 4s 1952.A&0 1st & ref 5%s 1977 ser A..J&J Eqtr 454s E1941 J&D b Eq tr 2Mb 1941-1946 J&D b Eq tr 2s G 1941-1949 ■ ~ West N Y & Penna 4s 1943-A&O Western Pacific RR Coi'p— 1st M 58 1946 series A....M&S Assented 5s 1946—.... Equipment trust 5s 1943 b Western Ryof Ala 414s *58.-A&O Wheeling & Lake Erie RR— 1st consol gold 4s 1949...M&S Refunding 314s 1966 J&D Eqtr 2%s F Nov 151941-19491s series G Nv>v 15 1941-1950 White & Black River Valley— 1st 5s 1980 J&J f 54 - • 1.50 1.60 1.85 10554 5% 5s extended 1948—... J&J Wichita Union Terminal Ry— 1st g gu 414s 1941 opt WIlkes-Barre & 114 1st guar g 5s 12 101 % ..J&D f Willamette Val Southern Ry— ..F&A F&A f guar 3%s 1970 Wisconsin Central Ry— 9154 a 3954 . 75 82 8254 4854 1% 1% 1% 00 • 41 140 72 51 354 11454 M&S 116 108 1st gen g 4s 1949 ..J&J Certificates of deposit 1st & ref 4s 1959... A&O 3654 3454 39 12 12% Sup & Dul Div 4s 1936. —M&N Certificates of deposit Marshfield & S'eastern Div— 1st 4s 1951 M&N 10 11 ... . 854 ... 43 98 145 150 1% 354 2 45 49 20 36 64 67 50 53 72 100 1 "IL 100 1 1% 354 27% 100 i 1754 1954 2754 50 41 44 50 73 78 4% non-cum 1st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar). 100 65 Roch & Genesee Val RR (gu)-100 Rome & Clinton (guar) 100 Rutland RR 7% pref 100 Rutland & Whitehall (guar).. 100 & 15 20 41 com 60 Albany & Susquehanna (gu)..l00 Albany & Vermont (guar) 100 Alleghany Corp common * 554% pref (with $30 warr)_100 554% pref (without warr)._100 2 54 % prior con v pref * Allegheny & West (6% guar). 100 Atchison & Eastern Bridge 100 Atchison Topeka & Santa Fe.100 5% non-cum pref 100 Atlanta Birm & Coast pf (gu)-100 Atlan & Char Air L (guar) 100 Atlanta & West Point 100 Atlantic Coast L Co of Conn..50 Atlantic Coast L RR com _100 Augusta & Savannah (guar).. 100 Avon Gen & Mt Morris (gu).100 Bait & Cumberland gu 50 Baltimore & Ohio common 100 100 50 100 50 Belgian National Rys Co— American shares partlc pref Boston & Alb (guar N V G)._lo6 Boston & Maine common 100 Unstamped— 1st pref 5% class A 1st pref 8% class B 1st pref 7% class O 1st pref 10% class D 1st pref 4 54 % class E 6% non-cum preferred 7% prior preferred Stamped— 100 100 100 100 100 100 100 45 8254 Preferred 50 Alabama & VIcksburg (gu) ...100 4% non-cum pref Bangor & Aroostook com 5% conv preferred Beech Creek (guar N Y C) 72 100 105 44 7h 7 82 45 .. 26% 9 18% 31 2 35 Boston & Providence (guar).. 100 Boston RR Holding pref 100 25 100 3% 6% 1% 68 72"" 21 26 — * —100 A—100 Lackawanna RR of N J (gu)__ 100 Lake Superior & Ishpeming—100 4% 1754 91 5 19 65 75 44 180 50 254 50 1% 154 195 254 254 Preferred (guar) 100 Louis & Mo Riv pref (guar).. 100 Louisville & Nashville 100 2% 95 49 104 51 27 30 2 2 "3% 2 2 54 5% 2 2 2 "1% 6 154 254 254 2% 254 5 % 18 2 22 Lykens Valley RR & Coal (gu)_20 Mahoning Coal RR Pref (guar N Maine Central 33 36 Nominal, 425 Y Central)....50 " Mill Creek & Minehlll Nav r —100 100 100 100 (gu)25 Mine Hill & Schuyl Hav(gu)_.50 Minneapolis St P & S S M— 4% leased line ctfs 100 Mississippi Central 100 com 7% preferred series A Missouri Pacific 3854 5% conv 28 67 " 51 100 Mo-Kan-Texas RR 35 6454 18% 5" 5% preferred 6% prior preferred Massawippi Valley (guar) Michigan Central (guar) 8 90 23 ♦ 100 com 100 "554 16% 20 55 60 70 600 3754 39 27 30 % 2% % 3% % 254 100 preferred 475 * .. 100 common.. 5 % non-cum preferred Mob & Ohio stk tr ctfs . 100 (gu)-100 (Georgia) (guar) 100 Stony Brook (guar)... 100 Sussex (guar DL&W) 50 Syracuse Bing & N Y (gu)...100 Tennessee Central • Preferred ino Texas & Pacific Ry 100 Troy & Bennington (guar) 100 Troy & Cohoes 50 Troy & Gr'bush (gu N Y C).. 50 Tunnel RR of St Louis (guar). 100 Union Pacific common ..100 _ 4% non-cum preferred 100 United N J RR & Canal (gu).l00 Utlca Chen & Susq Val (gu).100 Utica Clinton & Bingham (gu)100 Preferred (guar) 100 Louisville Henderson & St Louis— 2 90 254 102 %« 4c 60 15 5013 30 24% 2% 104 154. 8% 32 52 15 119 275 40 44 54 87 100 163 175 64 % 10 163 51 14% 106 3% 14 54 24% 22% 54 45 44 v. 38 15 45 141 71 3% 6% 95 38 * .... 6 101 Ry South-West'n 40% Lehigh Valley Lexington Union StationPreferred (guar) 100 Little Miami original guar... 60 Spec gpnr betterment stk. 50 Lit Scbu.vl Nav RR & CoaKgu) 50 Southern Pacific Co 1% 3254 32 Kansas City Southern 75 96% 6% % % ... 106 ?ar Ialu?*r t.<Juo,tatIoaa^l>r«,et}6 dollars A: Last sale. n interest. .♦ 100 Seaboard Air Line common Southern Preferred 10% 89 44 160 100 4-2 % non-cum preferred 100 Shamokin Vail & Pottsv (gu)..50 Sharon (guar Erie) 50 1 ~iV* non-cum preferred 5% non-cum preferred 100 Saratoga & Schenectady (gu).100 Schuylkill Valley Nav & RR(gu)50 7% 17% 4554 100 6 24% 3354 "3% 15% 254 20% .100 4% non-cum preferred Kansas Okla & Gulf pref 74 354 654 554 2254 2854 20 187 111 Ry...l00 6% St Louis Southwestern Kal Allegan & Gr Rap (gu) —100 K O St L & Chic—Pref (gu)—100 Jollet & Chicago (guar) 22% 19% 15% 26 50 8tk tr ctfs—See RR Securs Co 5% preferred 151 19 21 2 * com Preferred (guar) 100 St Louis Bridge 1st pref (gu)..100 2d preferred (guar) 100 St Louis-San Francisco 50 » com $5 preferred 71 146 2 10 % class 100 St Joseph South Bend & SouCommon (guar) 100 4 2% 15% 6% preferred Gulf Mobile & Ohio 154" ' 14%. 2554 4354 Internat Rys (Cent Am) 100 D 100 1st 4 54 % class E 100 6% non-cum pref stamped—100 accrued 6 2754 67 1% Camden & Burl Co (guar).. Canada Southern (guar) 7 16 Hartford & Conn Western... 100 Illinois Central 100 Non-cum 6% pref series A. .100 Leased lines (guar) 100 84 2 1st S 554 15 % 100 100 1st 4' 13 (gu) Gulf Mobile & Northern com.100 74 100 1st 149 100 100 Co common 55 * * 10C Greene (guar D L & W)—...100 101 1st 5% class A 8% class B. 7 % class O 100 Bank preferred Iron Ore Prop trust ctfs Preferred (capital stock Green Bay & Western 85 97 Common. pref pref pref pref pref 100 2d preferred 100 Goshen & Deckertown (guar).. 10 Great Northern Ry— Youngstown $5 preferred wi A1 Great southern 93 62 1st 100 Preferred (guar). 100 Pittsfield & No Adams (guar). 100 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar) 100 Railroad Securities Co— t4% 111 Cent stk ctf 1952..1000 Reading Co 50 4 Fort St Union Depot (guar).. 100 P*t Wayne & Jack nref (guar) 100 Genesee & Wyoming 100 Georgia Sou & Fla RAILROAD STOCKS Ry com. 100 preforrod.-...-.^^_._i_l 00 Pitt- Cin Chic & St Louis (gu). 100 Pitts Ft W & Chic com (gu)„.100 7% pref (guar Pa RR >.....100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia...100 Pitts Youngstown & Ashtabula— 50 100 Erie & Kalamazoo (guar).. Erie & Pitts (guar Pa RR> ..100 Pgh Bess & Lake Erie (guar).. .60 Preferred (guar) ..50 European & North Am (guar) 100 4 31 100 Phila Germ & Norris (guar).. 50 Phi la & Trenton (gu Pa RR).100 Piedmont & Northern • 54 100 % 354 ♦ 5% prior preferred. Peterborough (guar) 50 pref. 100 Georgia RR & & Conn Eastern Ky— 1st gold 4%s 1943 ....J&J / Yosemlte Valis f g 5s 1936—J&J / Canton Common wi 5 %. 9% 354 3 common wi 40 Worcester Akron Peoria & Eastern Pere Marquette non-cum w 100 Paterson & Ramapo (guar) 50 Pemigewasset Valley (guar).. 100 Pennsylvania RR 50 Pennroad Corp com 1 Peoria & Bureau Val (guar)..i00 95"" 94 5% preferred A 53 ..100 (gu).50 Ctfs of beneficial interest in 12% preferred 37 38 Erie common.. 4 % non-cum 1 st preferred 4°*' non-cum ?d preferred 37% 110 100 25 Detroit & Mackinac Ry 76 50 100 pref (gu) 1352 1 % % 100 preferred. .100 Detroit Manufacturers (guar) 100 Dover & Rockaway (guar) 100 East Mahanoy (guar) 50 East Pennsylvania (guar) 50 Elmira & W'mspnrt (guar) 50 Preferred (guar). 50 12" Passaic & Del Exten (guar).. 100 Paterson & Hudson River 50 5% 79 1H - 35 48% 18 20 Oswego & Syrac (gu D L & W)_50 Passaic & Delaware (guar) 50 89 (guar) 47 45 11054 Ry .100 Adjust 4% non-cum pref 100 No Carolina (guar Sou RR)._100 North Pennsylvania (guar) 50 Northern Cent (guar Pa RR). 50 Northern Pacific Ry 100 Northern RR of N H (guar).. 100 Northern RRofN J (guar) 100 Norwich & Worcester pf (gu).lOO Old Colony (gu N\NH&H)_.100 Certificates of deposit.. Ontario & Quebec (guar) 100 93 89 50 P Roper Lumber Co ^ 36 35% Norfolk & Southern com w i Ctfs of beneficial interest 116 100 preferred com conv 27 100 Norfolk & Western Hillsdale and Southwestern (guar) 100 Winston-Salem Southbound— 1st gold guar 4s 1960 J&J Winston-Salem Terminal Co— s 7% 96 100 pref (gu) non-cum Denv & Rio Gr West 6% 31 73 100 Wilmington & Nor 4%s '77.. J&D Wilmington Ry Bdge 5s *43.A&O 1st 100 non-cum 4 26% 100 com N Y Ontario & Western Detroit 1942 Wilm & Newborn 4s 1947 % %6 % Dayton & Mich 1.35% 1.40% 1.70 10% 8 Preferred (guar) 50 Delaware & "Bound Br (guar) .100 Delaware & Hudson Co. 1 Of) Delaware Lack & Western 50 Delaware (guar Penn) 25 1.65 Eastern— 6s 1939 %6 Conn & Passumpsic pref (gu)-100 Consol Rys of Cuba 6 % pref. 100 Cuba RR 6% non-cum pref. .100 101 no M&N 532 4% 2d non-cum preferred.. 100 Concord & Portsmouth (gu).-100 •4 vWlchit8?'Sils&" S©utters— 1st 100 25 N Y Lack & West (guar) NY New Haven & Hartf 254 100 254 754 & N) 6% preferred series A N Y & Harlem com (gu) 354 9% 9 ...100 4 % 1 st non-cum 9914 11314 254 Cleveland & Pittsburgh— Regular guaranteed stock 50 Special guar betterment stk.50 Colorado & Southern 100 2554 24% 1.50% 1.90 2% 2% 654 N Y Chic & St Louis Common ...20 Preferred 100 Cin Union Term 5% pref 100 Clearfield & Mahoning (gu) 50 Cleve Cine Chicago & St LouIs— Common (guar) 100 106 24% 2414 154 3 1% Unstamped (guar L Nashv Chatt & St Louis 100 Newark & Bloomfield (guar) .50 New London Northern (gu) 100 New Orleans Great Northern. 100 New York Central RR • CIn New Orl & Texas Pacific- 6354 91 % 101% 1.00% 1.30% 1.50% 9154 101% 1 * 6% preferred. Cincinnati Inter-Terminal— Preferred (guar) 83 62 xt 42"" 2% 1% 654 * 50 50 7% preferred West Virginia & 1st g s r 55 40 New common 108 79 38 N9w 5% preferred w i .100 Chicago & North Western— 10114 West Shore 1st 4s 2361 -50 100 New 5% preferred Chic R I & Pacific common 108 "254 94 4 % non-cum preferred.. -100 Chic Milw St Paul & PacificNew common wi 4754 106 .. 2 90 5% preferred 37 65 17 154 15 100 Illinois 52 Montgomery Chicago Ind'polis & Louisville— 2.00% 3314 n9n-cum pref (guar)—100 32 15 Bid Mobile & Ohio—See Southern Ry & Erie (guar) 10 Morris & Essex (guar).. 50 Morris & Essex Exten (guar) 100 Mt Carbon & Pt Carbon (gu). 50 Nashua & Lowell (guar) 100 Nashville & Decatur— Original (guar L & N) 25 32 35% Chicago Great Western l2~ b 30 30 Par Mobile & Birmingham— 91 2% 35% Class A 12 , Stocks 3% 90 Jersey Preferred series A Chestnut Hill (guar) Chicago Burl & Quincy 13 . Ask 354 .100 Chattahoochee & Gulf (guar)-100 Chesapeake Corp * Chesapeake & Ohio common 25 814 11 Bid Par Canadian Pacific.. ...25 Oaro Olinchfield & o (guar)--100 Oatawissa RR 1st pref (guar)-.50 2d preferred (quar) 50 Cayuga & Susq (gu D L & W)-30 57% 17% 45 Omaha Dlv. 1st 314s g '41-A&0 / Wabash Railway Co— Ref & gen 5%s 1975 A—M&S asnear*^p^btefStey*of the month"'re^tn "^h^date oAwue na>> Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar). 100 5% non-cum pref (guar)...100 Virginian Ry common 25 6% preferred _25 Wabash Ry Co 100 5% non-cum preferred A_. .100 Ware River (guar) 100 Warren N J (guar D L & W)._50 West Jersey & Seashore (gu) 50 Western Maryland Ry com. .100 7% 1st preferred. 100 4% non-cum 2d pref.. 100 60 31 11% 12% 22% 28% 31 93 113 4% 72 10 100 25 48 141 77% 82 249 44 10 34 60 98 58 38 32 % ?16 68 21 56% 2% 69 5% Western Pacific RR Corp— 6% preferred. 100 Wheeling & Lake Erie Ry... 4% prior lien % oer $100 face amount. a Galled for redemption, Canadian price, x Ex-dividend. 554% see conv page preferred 110. b Basis. % I On 100 55 100 95% This 90 price includes NOTICE—All bond prices Stocks and lionds Par Per 5 34 Adams Express com Ooll trust 4s 1948—-—M&S J&D 102 4 34sstamped F&A 105 1946 J&J J&J deb 4s 1949 Conv deb 4s 1950 Air Investors Inc common Sec conv Conv share Corporate Trust shares 5h 2.21 7.49 2.42 101 h 101 Me 10134 1A 23 A A 27 34 28 H 14 19 1 2034 * preferred Warrants Aldred Deb Aldred Deb 10334 105 A 101 2 — Invest Trust (Mass)— 4 Hs with com shs 1967— Investment Corp (Can)— 4>£s with com shs 1968— . Deposited Bank Shs N Y sot Deposited Insur Shs ser A Amer "634 2.79 VA A 11A M. 934 62 A 16 A 10c Class B * * $3 preferred $5.50 prior preferred 25 Amer Cities Pr & Lt cl A Class A opt A 10c - 3% 6.33 10c 1 2A preferred $234 conv preferred $3 preferred 1 Amer International Corp * Conv hA* 1949 —J&J American Investment (111) 1 $2 preference— ... — * 5% conv preferred— 50 Associated Gen Util com v t c— * Inc deb 5sww 1956 M&N Income deb 4s 1961 M&N Associated Stand. Oil Shs 2 Associates Investment Co —♦ $2 conv 100 Atlantic Secur 43os A 19&3.A&0 Atlas Corporation common 5 6% preferred 50 5% preferred • 5 —10 ♦ $2.50 prior preferred 234s debs 1950 J&D Beneficial Loan Society com * 6% profit share deb 1956.-Q-J Blue Ridge Corp common preferred Bond & Share Trading pref Boston Fund Inc 1 ..100 25 5 50 Boston Investment Co British Type Investors A.. 1 Broad St. Invest Co Inc—.—6 A 41A Me 24 34 23 A 4A 27 A 27 87 11 6 34 49 3A 4A 3.16 16 55 A 98 M 7 104 A A 7c 19.58 17c 21.17 sh —'—..♦ 7% preferred 100 Conv preferred ...100 Conv pref series of 1929 100 6% cum preferred .100 Century Shares-Trust ♦ Chain Store Investors Trust * Chartered 1 * Investors common... Preferred City Investing Co 10.67 334 2534 10034 95 534 ■21A 71 Securities A common 1 534 2234 93 Partic preferred * 72 3s 24.09 M« 14 A 34 1434 15 17 Preferred 24 26 Sec 6s 24 14.74 Monroe Loan Society class A Morris Plan common 26 15.86 14 5.26 5.84 2.00 3.22 2.86 3.22 1434 3.65 38 14.37 4.00 4.76 "434 4 103 25.03 26.91 101 103 34 4.27 4.60 34 2334 Me 2534 102 H 34 41 4634 11' 14 534 9~22 2.400 _ _ 34 _ 12 23 34 10034 2934 134 3.22 9734 25c 3.50 30c 14 15 - A 7.30 5.92 5.05 8.05 Electrical equipment Metals 5.82 4.51 3.75 4.14 J32 34 34 1 * $3 2nd preferred w - 1934 8 25 24 25 w Household Finance com-.... 24 ♦ 100 5% preferred Holding Corp Hydro Elec Securities ♦HuroD 1 50 4834 107 7c 11034 15c 134 10c 1.21 1.32 5 13.24 1.83 14.24 2.05 34 34 1034 34 1134 134 1234 12.,38 13.57 85c 1 * 94c 11 1.11 Insurance Group Shares Insull Utility Invest— 7.65 3.21 5.15 5.70 - —— ..... 5.64 5 6s series B 1940 Insuranshares (Md) ctfs Inc International Holdings & lnv 1 * 1 1 1 34 34 6 34 634 134 4 70c - — — «. 1 3.50 prior preferred Me ♦ * 12 634 34 1234 2934 32 * 5 Interstate Bond Co— 434scoll tr AAA 1941-43--A&O A&O Invest Bond & Share 5s A*47-J& D Investment Co of Amerca.. 10 Investors Fund of America "0".l investors 1 Royalty 25 Preferred Quotations not furnished by sponsor or issuer. * No par n Nominal, r Canadian price, x Ex-dividend. value. a 6.24 10334 334 M&N 103 34 100 88 96 334 40 92 9934 100 9934 40 - 98 1953 ♦ 1.81 1 1 1 2.20 1958 * 15 34 F&A F&A 9834 2.20 I.79 17 10034 10c" 75c Preferred. "73| 40 Old Colony Invest Trust Debenture 4Ks Feb 1 234 10034 10034 1434 134 Com.-* 1947— Debenture 4Hb Dec 15 1952 Old Colony Trust Assoc .♦ Overseas Securities Co com 1 Deb 5s April I 1948. ; _.A&o Corp (Calif) Pacific Southern Invest pref Class A.. Petroleum Corp of Phoenix Sec Corp Amer $3 conv pref class A Plymouth Fund Inc.. 1634 2 934 1034 21 19 ♦ 1 134 5 634 434 634 1 10 10c Putnam (Geo) Fund 1 Quarterly Income Shares ...10c Railroad Employees' Corp-— Class A common * ♦ Railway & Light Secur com 10 Preferred 100 Coll tr 3 34s ser 12 1955—J&D Railway & Util Invest A I 3 34% preferred * Republic Investors Fund __1 Conv 434s ser A 1950 F&A Deb 5s 1946 234 82 10 * Provident Loan Society 6% ctfe— Prudential Investors___ ♦ Reynolds Investing common Reynolds Rsalization— "3~" '2 10 Oklahoma Southern Trust Preferred 1.22 34 J&J J&J Deb g 6s 1940 B with war. Deb 6.51 6.93 2.91 - % * 7.45 5.89 ........... Pacific Finance * Investors Incorporated 234 2034 834 27 A 2734 . x-w 9.99 6.75 ... ,.. North American Trust Shares— 4.73 Debenture 5s series A 1948-M&S Heller (W E) common 2 6.54 9.07 Machinery 4.82 " 8.08 Building supplies 4.57 North American Invest Corp— Collateral 4s 1951 J&D 2.97 4s coll tr COO 1939-42---M&N ♦ 7.32 stocks 7.19 4.29 Steel Shares 5s coll tr BBB 1944-51 k Last sale, 9.83 Bank 4.67 3.54 1.75 preferred - 37 34 36 4.23 Aviation 3.71 2.69 Class B 24 27 7.19 Class A preferred 3.21 Internat Securities 7% pref— International Utilities class A 100 2234 6.51 8.92 ...—— North American Bond Trust Ctfs. 48 Insuranshares Co of Delaware.-1 105 10.87 ...... 4.09 Aviation Group shares Bank Group shares 1 13 10.08 3.83 Agricultural Auto mobile. Conv deb 5 He 1950 Class B common Institutional Securities Ltd— 91 1.10 1 Railroad equipment.. Steel stocks. _ 1 45 Equip Shares «....100 Industrial Securities Corp 25 6% preferred 25 107 534 3.10 .98 — 10-yr 3s debs A 1951 5-yr 2 34s debs B 1946 7% preferred 1 York Stocks, Inc 5.16 Industrial Finance vtc 107 554 _* -25c 4.68 Income Foundation Fund 6034 5.06 1 Wide Securities— Railroad ' 34 Me lis 4.70 lio Finance com $6 1st preferred—...— 1 1 6.54 com 5.32 66 Oils - Investors 4.55 4.83 Corp 4.89 Guardian 15 63 Insurance 18 Me — Independence Trust Shares 2934 10334 4.10 834 1134 90 Chemical Me Me 1734 ♦ (Colo) ser B shares (Md) voting tr shares ew England Fund ew 56 52 100 100 Series— Nat Trust Shares Remodifled ""ation 3.65 100 * com 5% preferred ser A National Security Income series onal Investors Tobacco Shares 4634 23 34 100 Invest Bond & 26 734 1054 8434 1434 Lew priced bond series 42 Railroad 141 10 National Nat Bond & Share Corp 8.04 13 A 3.15 Railroad Shares Me 23 5 8.79 234 2 25 Petroleum Shares 82 34 1 National Aviation com - 8.04 10 8% preferred 834 834 2234 (N Y)_10 Mutual System com 12 A 2 95 93 M&S 1947 Mutual Investment Fund 4.44 15.20 12 x-w 154 754 734 1 5 10 Morris Plan Indus Bank 4 2734 101 37 M&N 1953 22.40 Food Shares Preferred 434 Debenture 434s w w 1950-M&S Midland Invest Corp (Mo)— 7.47 Preferred 1950 ... 2534 10.04 3.83 16.17 43 Q-F Q-M -.100 Commercial Banking common. .1 $1.20 preferred 10 7% preferred 20 Commercial Credit common—10 434% conv preferred 100 Commercial Invest Trust * $4.25 conv preferred * Commonwealths Distrib'n Inc.,1 1 Commonwealth Investment. Commonwealth Loan 5% pref 100 Commonwealth Secure common. 1 Preferred .1 Consolidated Invest Trust com. 1 Consumers Credit Serv 6s 1962 Continental Secure 5s 1942 M&N / Corp Secure 6% ctfs 1935..M&8 f 20c 24 A 5.29 6.79 25.40 7s series C 1959 Collateral Loan 7s series B 10c 50 3.47 23.62 136 Cleve Securities 4-6s to 1943.J&J Collateral Bankers Inc— 1 5 % conv partic preferred Merchants & Manufacturers Merchandising Shares Mining Shares 2 8.52 2.300 1956 7.80 Mass Utilities Associates vtc 4.37 73 34 34 Me Me 3.40 17.97 8.39 3.36 80 434 4 2.50 16.71 - 4.24 50 72.20 7.96 1334 Electric Equipment Shares 22" * 10c 1.90 30.10 18.03 5 45 .2034 1.70 12 A A&O 234 39 A 3 2034 29.50 70.76 7.21 10 Mass Investors Second Fund Incl 13 Great Britain & Canada Invest¬ 55 102 40 16.96 28 2A 37 A 8.59 5 --10c Corp Maryland Fund Inc 2A 36 52 J31 -1 Massachusetts Investors Trust. _1 1A A Building Shares Chemical Shares 1 5.96 Marine Midland 26 Aviation Shares 20 3.25 5.41 Fund Manhattan Bond Fund Inc Automobile Shares 100 Preferred 534 33 3.05 2 A 101A 97 A 12.84 2.93 Loomis-Sayles Second Fund Loomis-Sayles Mutual Fund 66 ♦ 2.40 1 100 100 1.10 16 30 A J&J 60 100 com 1.10 40 58 Corp—1 $5 preferred Chemical Fund "§34 — 12.62 - Lawyers Mtge lnv (Boston)— 1st 5 As series B 1945--—-M&S Lehman Corporation..-......-1 Liquidating Shares 1 5.10 14 A 1st pref..* Corp 4 A* 1959 Group Securities, Inc.— Agricultural Shares 11.45 Series S-4 27 A 4A * ment 15.64 7.56 15.64 10.75 7.79 ....... ........ Series S-2 Knickerbocker Gen Shareholdings Corp com. —1 Gotham Credit class B 12.34 6.88 ... Series K-2-_. 2.57 4 Globe Indus Loan 6s 1955 Goodall Securities 31.55 24.56 Series S-3 ----- Pref allot ctf 25% A 1434 14.27 14.26 Series B-4 16.65 Gleneagles Invest 5s June 15 1941 A — Securities 13.73 19 11.26 A&O Ltd 1 Canadian Pow & Pap Invest Ltd— Deb 5sseries A 1958 F&A Capital Administration cl A 1 $3 cum pref series A 10 Carey Trust of N Y__ * Original 100 Carriers & General Corp—. 1 Deb 5s with warr 1950._M&N Cent Invest Corp 5-6s *57..A&O ♦Central Nat Corp class A • ... 12.77 30" 3.90 Dominion-Scottish Invests Ltd— 1st coll 4s series A 1952...J&J Eastern Equities Corp 5 Eastern States Corp com —♦ $7 preferred series A ——* $6 preferred series B ——* Eaton & Howard Balanced Fundi Eaton & Howard Stock Fund—1 Economic lnv Tr Ltd 5sA'57M&N $6 conv preferred 27.37 ... Series B-3 4.50 German Credit & Investment 1 5s series A 1959— Canadian Invest. Fund ♦Class B__ Me 37A 14* Series K-l 15.40 Empire Capital Corp A— --5 Empire Power Corp partic stk_* 4A $6 preferred — * Equitable Invest Tr (Mass) 5 6.98 Equity Corp common -a_10c 2H $3 conv preferred! — -' 1 26 A Family Loan Society common. .* 29 A $1.50 preferred series A ♦ 36 $1.50 preferred series B ♦ 3 A Fidelity Fund. Inc * 100 ♦First Boston Corp— ---10 5 11A First Mutual Trust Fund 28 A Fiscal Fund, Inc.— Bank stock series 10c 47Insurance stock sories 10c A 25 A Fixed Trust Shares series A —10 25 Foreign Power Secur 6s *49 J&D 5A Foundation Trust Shares ser A__l 28 A Fulton Indus Sec units— 88 Fundamental Investors Inc —2 Fundamental Trust Shares Inc— Class A 2 ~7 Class B * 49 A Me General American Investors— * 17.83 $6 preferred J-.* 10.51 General Capital Corp _* 4A Gen Finance conv deb 5s *51. J&D 5 A General Investment Corp 1 $6 preferred * 16 A General Investors Trust 1 56 A General Public Service Corp * $6 preferred 9834 * 8 Conv deb 5s 1953 J&J 107 Gen'l Realty & Utilities com 1 15 ♦ 25 Canadian Interuat Lnv Trust Central States Electric 35 22 28.82 Scries B-2 2534 112 A—1 1 $6 preferred 234 25 25 ^ Series B-l 2A 24 1A 1 ^ share Keystone Custodian Fund— 117 A 28 20c 5 Brooklyn National Corp Bullock Fund Ltd— Burco, Inc common. $3 conv preferred Christiana 11 • 1 ♦Blair & Co conv 334 99 h 9.77 Beneficial Industrial Loan $3 29 A 32 16.40 *5% preferred Shares 2 534 Me Option warrants. ..... Aviation Capital common Axe-Houghton Fund Inc ♦Bankers Nat Investing com.. Basic Industry 103 10c Investing Foreign A 38 35 American European Securities. _* Ooll tr s f 5s 1958 ser A J&J American General Corp ISA H 1 Amer Discount Co of Ga $2 pref_* Amer Elec Sec partic pref 1 Common 70 ^ 2.28 3.05 Warrants 17 15 25 div ser w w Class B Amer 234 14A H 10c Capital Corp A— Prcforrsd 2.28 ---! ..-..-.-.--2.50 Dividend Shares -.-—.25c Domestic Finance common-- — * Preferred * 2.55 Shares... Business Amer Investors Trust common Italian Superpower Corp A com.* Deb 6s 1963 (ex-warrants._ J&J 1.91 D shares.-- VA 1234 share Diversified Trustee Shares— 102 A 6 Ask Bid Par Per 1.91 O shares ♦Amerex Stocks ana Bonds Ask 2.01 old ser—1 _---.----~--.-l Accumulative series —- -1 AA (modified)--—-----——1 AGO (modified) - - - -1 Credit Service deb 6s w w '48.Q-F ♦Crum & Forster Inc com 10 ♦8% preferred --- — 100 ♦Crum & Forster Insnreb B 10 *7% cum preferred —100 Cumulative Trust Shares * Delaware Fund ---1 - Alliance Investment com—..—* Allied Int Investing Corp— $3 convertible preferred • Holding Corp 10 Amer British & Cont 5s '53 F&A Ainer Business Credit A 1 Bid Par AA 6.89 Aeronautical Securities 1 Affiliated Fund com..—... 1.26 Bonds Per 101 Coll trust 4s 1947 Stocks and Ask Bid where marked "f and income and defaulted bonds possible for the closing day of the month preceding the date of issue "and Interest" except are Quotations for all securities are as near as 33 31c 534 3434 36c ' 116 113 34 Me II.73 12.55 3.50 4.40 734 834 534 734 934 103 6 10334 10334 "Me 434 2.91 534 3.25 101 102 45 47 34 1 A&O A Rossia International Corp ♦ Royalties Management A......1 ♦Schoellkopf Hutton and Pomeroy Inc common 10c Scudder, Stevens & Clark Fund.* Continued on page 83 Me 34 75.59 77.11 44 15.50 8.35 16.20 15c 30C 8.55 24 Called for redemption, see page 110. b This price includes accrued interest. \ Public (Includes street and electric railways, gas, Utilities electric power, water, telegraph, telephone and bridge companies.) NOTICE—All bond price* are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Alabama Power Ask Bid Bonds Adriatic Electric Oo (Italy)— Extls f 7s 1952 A&O/ Ala Oas Co 1st M 4%s 1951-F&A 18% 104% Co— 1st 5s 1946 1st & ref 5s 1951 1st & ref 5s 1956 M&9 J&J M&N 1st & ref 4%s 1967 1st & ref 5s 1968 M&S 105% 104 % 103 % J&D 101% 104% Albany Ry 1st cons 5s 1930--J&J / 46 General 5s series A 1947— J&D / 36 All America 106% 105 103% 102% 104% 50 38 Corp— Cum income 4s deb B_.__A&0 Alliance Pub Ser(Ohio)5s '57 M&S Altoona & Logan Val Elec Ry— 88 90 90 1st coll 4s Jan 1 1954 J&J Amer Elec Pow deb 6s '57 M&S15 / American & Foreign Power CoDeb g 5s 2030 M&S 90 Amer Fuel & Pow 7s 1934-J&J / American Gas & Electric Co— 5 2%ssf debs 1950 3%s a f debs 1960 3%ssf debs 1970 J&J J&J J&J . 54% — 55 107 64 108% 65 69 105% 77% 70 106% 79 54 • M&N A&O J&D 102%, 108 % Amer Utll Service 6s 1964--M&N Amer Water Works & Electric— 93% 108 102% 108% 108% 95% 109% J&D 100% Ana&Pot R RR-See WashRy&El Anchorage Lt & Pow 7-9s'43 F&A * 101 Androscoggin & Kennebec Ry— 1940 / 31 Androscoggin Water Power— 4s 5s-5%s 1955 F&A % 650 Appalachian Electric Power— 1st mtge 3%s 1970 J&D 105 % Appalachian Power 6s 2024--J&J 129 Ardmore St Ry—See Phila Co. 110% 101% J&J A&O Arizona Power 5s 1950- 690 106% 131 99 103% 103% 1st & ref 4%s 1950F&A Arkansas-Missouri Pow Corp— 1st mtge 4s ser A 1965 J&D Arkansas P & L 1st 5s 1956-A&O 105% 106% Arkansas Western Gas Co— 1st mtge sf4%s 1955 M&N Ashtabula Wat vv ks 5s 1958-A&0 Assoc Elect 4%s 1953 _J&J 5s Jan 1 1961 J&J Associated Gas & Elec Co— Oonv deb 5%s 1977 F&A Conv deb 4 %s Uonv deb 4 %s 100% 105% 44% 48 1919 1948 / 13% M&N / F&A f J&J / Oonv deb 5s 1965 Conv deb 5s 1950 9% 13% 13% 13% M&S / Cons ref deb 5s 1968 A&O / Cons ref deb 4 %s 1958—-M&N / S f Inc deb 5s B 1983 M&S f 8 fine deb 4 %s O 1983—-M&S / 8 f inc deb 4s D 1983 M&S f 8 f inc deb 4%-5%s A 1986 F&A f 8 f inc deb 5-6s B 1986—-M&S / Conv A 5s 2002 Q-F / Conv A 6s 2002 Conv A 7s 2002 Q-M / Q-F / Scrip 4s 1941 Scrip 4s 1942 13% 9 7 7 104% 104% 107 44% 49 13% 10% 13% 13% 13% 13% 10% 9 8% i* 9 2 22 54 24 J&D 22 23% J&D 21% 20% 23 —M&S F&A 13% Income deb 4s 1978 A&O Income deb 3%s 1978—M&N Income deb 3%s 1978 M&S 13% 13% 14% 14% 13 Associated General Utilities— See 23 14 13% investing Companies. Associated Pub Utilities Corp— 1st lien 5s 1947 ser A J&J Deb 6s series A 1958 M&N Associated Telep & Teleg Co— Deb 5%s 1955 ser 1st mtge 2%s 1970J&D Boston Elevated Ry— 1 Deb g 4%s Nov 1, 1941—M&N Deb g 5s Dec 1942 J&D West End St 5s 1944 M&S 7s Sept 1947 M&S f 6s 1953 J&D 1st & ref 5s 1954 ser A M&S Bklyn City RR 1st 5s 1941---J&J Brooklyn Edison Co— Consol mtge 3 %s 1966 M&N Bklyn-Manhattan Transit Corp 4%s Certificates of deposit 1966 Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July *41 (stp)__M&N Bklyn Un Elev 5s 1950 F&A Certificates of deposit Kings Co El 1st 4s 1949 F&A Certificates of deposit Nassau Electric RR 1st stamped 4s 1951 1st 5s 1944 Gen mtge 3%s 1964 Atlantic City Gas 5s 1960 1st lien & ref 5s 1957 J&J J&J 19% 18 20 102% 99% 76 108% 107 3%s ser Feb 15 1942 2s 99 98% 100 Aug 15 1942 Feb 15 1943 2) s 2) s 2%s 2%s 2%s 99. 103 Aug 15 1944 Feb 15 1945 Aug 15 1945 3s 3s 96% 106% Aug 15 1943 Feb 15 1944 100% 100% 100% - 100% 100% 100% 100% — Feb 15 1946 Aug 15 1946 Central Public Service Corp— Conv deb 5%s 1949 F&A Cent Public Utll (ws)inc5%s.l952 100 100% 103% 102% 102% 103% 102% % % Consol & South 6 %s 1951 gold 5- 14% 1999 104 99% 51 113 90 1st & ref 6s 1951 J&J 3% 2% Certificates of deposit 102 Coll tr 102 s f g 5s 5% 5% 1927-..F&A / Chicago City Ry— 1st 5s (15% paid) 43% 44% 4% 3% 3% 4% Chic North Snore & Milw RR 1st mtge gold 5s 1936 J&J 1st & ref 6s 1955 ser A J&J 1st & ref 5%s 1956 A&O 119 105 121% 91 78% 5% 4% 28 Equipment trusts Jhlcago Railways Oo— 1st 5s 1927 stpd as to 25% pt red and pay Feb 1, 1940—F&A 69 01 107% 26 45 46% Certificates of deposit Cons M 5s ser A Feb *27 _-A&O Series B Feb. 1927 -J&D 43 46 Purch money 5s Feb 1 1927 J&J Adj inc 4s Feb 1 1927 May 80 67 — 110 7 7% 3% 4 4 5 1% . J&D 106% 107% 46 50 75% 77 98 M&S 50 76 1st & ref 6%s 1944 Certificates of deposit 1st & ref 6s 1953 ser A 2 105 101 103 97% 98% 16 100 105 98 99 3% J&J Certificates of deposit Adjust deb 6s July, 1963 ..J&J Certificate of deposit Chicago South Sh & So Bend— Sink fund 3s ser B 1963 J&J Chicago & West Towns Rys— 1st cum Inc 5s 1937 J&J / 4% 3% 3% 3% % % 4% 4% 4% 97% 6% 110 J&D Cincinnati Street Ry— 1st m 5%s ser A 1952 1st 6s 1955 ser B._. 108% 110% J&J a 100 103 A&O 91 A&O 95 M&S 92 89 J&D 90% 88% 87% 88% 88% Light— M&N 97% 97% 97% Cities Service Co— Ref deb 5s Jan 1 1966 Deb g 5s Apr 1958 A&O M&N M&S Deb g 5s 1963 Deb 5a 1969 Oonv deb 5s 1950 J&D 97 91% 96% 88% 89 88% 104 1955 1st coll 4-5 %s 1948 b Basis. 100 5% 104% ...F&A CIn Newport & Cov L & T 1st ref 6s 1947 series A Income notes 3s J Per $1,150 bond. % Cincinnati Gas & Electric— 1st mtge 3 %8 1966 1st mtge 3 %s 1967 104 J&J Citizens Independent Telephone 1st mtge s f 4 %s ser A '61--J&J Citizens Utilities Oo— 3 1927.A&O / Jan 1 Deb 5%s 1952 Deb 5%s 1949 n 4 Chicago City & Connecting Ry— ihlcago Rapid Transit Oo— Capital Traction (Wash, D C)— 1st g 5s Tune 1, 1947 J&D Cent Ark Pub Serv Corp— 1st & coll tr 5s 1948 ser A..F&A Central Gas & Elec 6s 1946-M&S First lien coll tr 5%s *46.-J&D Central German Pow 6s '34-J&D Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 J&D 1st & ref 3%s 1965 -M&S * Prospective call. 53 107 M&S Chicago Aurora & Elgin RR— 106 Called for redemption; seepage 110. Nominal. r Canadian price. 100 3 M&S Cities Service Power & a 14 Corp— Gen & adj 5s 1952 102% 102% 102% 108 86 13% 13% Charleston Transit Co— 103 107% Lt & 1% 1% 83 Cent Vermont Public Serv Corp 1st mtge 3%s ser B 1966—F&A Charleston Cons Ry Gas & El—• Buffalo Traction— See International Ry Burlington (Vt) G L 5s 1955--J&J Butler Water 5s 1957 A A&O Butte El & P lsts f 5s 1951—J&D Cairo Bridge 1st inc 6 %s '58.J&J Calgary Power 1st 5s 1960—A&O 1st s f 5s 1964 J&D California-Oregon Power— Deb gold 5%s 1942 -A&O 1st mtge 4s 1966 A&O Central States Edison, Inc— 1st coll inc 3-5s 1950 M&S Central States Elec Corp— Conv deb 5s 1948 J&J Deb 5%s 1954 M&S 15 Central States Eloctric Co— 1st mtge 4s 1964 J&D Pow 107% 100% 100% 100% 100% 2s June 1 1941 1 1948. 1 1949 1 1950 1 1951 3 %s June 1 1952 Buff & Niag Falls El L & Power— 1st gold 5s 1942 F&A 107% -108% Serial debentures— 1 %8 Aug 15 1941 2s June 1 1942 June June June June 46 43 1st M & 1st lien 5%s 1953.J&J Debenture 5s 1944-. J&J Cent States Utilities 6s 1938.J&J ... 108% 107% A 1969.-F&A Cent States 3s June 1 1943 3s June 1 1944 107% 107% 108 Central N Y Power Corp— Gen mtge 3%s 1962..A&O 2s 2s 98% Cape & Vine'd El 4s A '65—J&J 70 100 Central Ohio Lt & Power— 108% 74 105 J&D 110 Term 95 103 103 1st mtge Canadian Rail & Harbor— 96% J&D M&S 1st mtge 4s ser C 1964.—F&A Central Power & Light Co— 105 116 93 4s 1947---- 1st & gen M 3%sser J 1968J&D 1st & gen M 3%sser L '70 A&O Central Mexico Lt & Power— 1st s t 6s ext to 1950 J&J 120 74 Canal & Claiborne RR 1st 6s_ *46 102 J&D Cent Indiana Gas 5s 1957 103% 99% 110 J&J J&D Central Maine Power— 1st & gen M 3 %s ser H '66-F&A 98% Canadian utilities Ltd— 1st mtge 5s ser A 1955—M&S Atlantic City Sew'age 6sA*56 J&D Atlantic Co Wat 5s '58 ser A M&S Avalon Telep Ltd 4%s *58--A&O 104% 104% 103% 103 J&D 4s 1946 102 107% 100% 102% 4s 1944 102% 107% J&D —J&D J&D 3%s 1941 3%s 1942 3%s 1943 4s 1945 Ry— 108 110% 1st mtge 3%s ser A 1968--J&D Serial debentures— debentures— Chicago 107% 95% 104 4s June 1 1949 Cent Illinois Light 3 %s '66.-A&O Central Illinois Public Service— Buffalo Niagara Electric— Gen & ref M 3%s ser C 67-J&D 1st 5s 107% 104 112% M&N 105 104 - 112 1st |8 ser B 1961 Calif Water & Telephone— 1st mtge 4s 1969 107% 104 4s June 1 1948 4s Dec 1 1948 108% 117% 108 a 104 104 1946 F&A Buffalo General Electric— Gen & ref 4%s 1981 52 a 102% 102% 103% 103% 91% Certificates of deposit Conv deb 5%s 1944 ser O.M&N J&D 103 - 112 (35% prin pd) 1927-F&A Camden & Sub Ry—See P S Corp Canada Nor Pow coll 5s '53.M&N Canadian Light & Power— 5s 1949 -.J&J mtge 4%s 1955 M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atlantic City Electric m 103% 103% 103% - 102% 91% 64 _ 102 June 1 1943 Dec 11943 June 1 1944 Dec 1 1944 June 1 1945 Dec 1 1945 4s June 1 1946— 4s June 1 1947 4s Dec 1 1947 Calir\Pac Ry (see Pac Elec Ry) Certificates of deposit 52 notes 1933 A&O / 143 Certificates of deposit. / 143 Athens (Ga) Ry & Electric— 101% 3%s 3%s 3%s 3%s 3%s 3%s 105 1st lien & ref 6s '47 ser A. .M&N 1st lien & ref 5s ser B 1957 M&N Deb 5s 1950 J&D 3%s 3%s 3%s 3 %s 105% 100 101 3s Dec 1 1941— 4s Dec 1 103 93 California Water Service— 2-yr 6% 105% J&D 112 63% Gen 111 132 101 Calumet J&J 108% 110 100 76 52 1st mtge 3%8 1964 debentures— 3s June 1 1941 109% Serial Ask Serial 4s 1948 J&J 50 f g 5s 1950 Atlanta Gas L 5s g 1947 102 -A&O 86% 52 Bid 3s June 1 1942 3s Dec 1 1942 16 50 s 102% 118 Deb 6s series A 1941 M&S Certificates of deposit Conv deb 5s series B 1942-A&O 1st & ref 101 M&N s 72 Associated Telephone Utilities— 40% 48% 102 Bridgeport Gas Lt 4s 1952._J&J Brith Colum Pow 4%s 1960.M&S British Columbia 85 A__._M&N 39% 48% 100 Brandenburg (Germany) El Pr— 3s June 1 1947. 1% 1% 1% Associated Gas & Conv deb 4s 1973 income deb 4%s 1978 - Bangor Hydro Electric— 1st mtge 3%s 1966 112 ..J&J Beaver Valley Trac 5s 1950-A&O 18% Bell Telephone of Canada— 1st g 5s 1957 ser B -J&D 107% 1st mtge 5s 1960 ser O M&N 108% Bell Telep Co of Pennsylvania— lsjt & ref 5s 1948 ser B J&J 110% 1st & ref 5s 1960 ser O—— A&O 130% Bellows Falls Hydro-Elec Corp— 1st mtge 5s 1958-—. 102 A&O Bergen Turnpike 5s 1951 90 J&J Berkshire Street Ry— 1st extend 6s 1947 55 J&D Berlin City Elect 6%s 1951—J&D Sink fund deb 6%s 1959--F&A Deb 6s Apr 1,1955 A&O Berlin Elec Elev & Underg Rys— 1st mtge s f 6%s 1956 A&O / Birmingham Elec 4%s 1968.M&S 102% Blackstone Valley Gas & Elec— M & coll tr 4s ser C '65 M&N 109% 109% Mtge&Colltr3%sser D'68 J&D Bolivian Power 8s ser A '45.A&O 63 Boston Edison Oo— 10 2 52% 1975 3s June 1 1945-— 3s June 1 1946 1 Oonv deb 5s 1973 Oonv deb 4%s 1973. 1975— ~9~~ 8 7 J&J J&J J&J 5s 1941— A&O 1975 Bklyn Un Elev—See BklynQueens Bklyn Un Gas 1st cons5sg'45M&N 1 Elec Corp— 8s ex-warrants 1940 M&S Conv deb 5%s 1973 -F&A Bonds Central Illinois Elec & Gas Co— 1st 4%s series B 1961 Broad River Power Co— 34% 98 F&A Ask Telephone— Arizona Edison Co-— Income 5s 1960 Income 6s 1960 Deb 4s series A Deb 5s series A Deb 58 series B Bangor Gas Light Extl 1st M&N 68 stpd ctfs of deposit — 104% Debenture 4%s 1963 A&O 51 American States Public Serv— 1st 15%s 1948 ser A M&N / 101 Deb 6s 1938 J&D / 12 American Telephone & Teleg— Deb 6s 1975 ser A Deb 5s 1975 ser B m 104 Secured deb 3.6-6s 1953 J&D Am Pow & L deb 6s 2016 M&S Amer Rys Corp coll 4%s *53-A&O Deb 5%s Nov 1 1943 25-year deb 3 %s 1961--, 30-year deb 3%s 1966 92 19 106% 107% Am Gas & Pow deb 3-5s *53-F&A Bid Bonds Baltimore Transit Co— F&A A&O /This price includes accrued interest. COCO 36% 86 fcLastsale. PUBLIC June, 1941] UTILITY Coast Cos Gas A Electric— 1st sf 4s series B 1965 M&S Colonial Utll 5 %s 1958 ...—J&D Colorado Util Corp 6s 1938.M&S 103 107% 44% 50 Columbia Gas & Electric Corp— Deb g 5s 1952 M&N Deb g 5s 1952 A&O 15 Deb 5s Jan 15,1961 J&J 15 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A...J&D a Columbus & Sou Ohio Electric— 1st mtge 3%s 1970 M&S Commercial Mackay Corp— Inc deb w w 1969 May Commonwealth-Edison Go— 1st mtge 3%s ser I 1968.-J&D Conv debenture 3Mb 1958.J&J Com'w'lth El 5s June 1 *43-M&S Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948Non-cum inc deb 6s (x s) 1948. Commonwealth Light & Power— Ref & unif 7s 1962 J&J 100 105% 42% / 103 % 103 % 103 % 103% 103 106% 43 106% 43% 10854 111 109 112% 107 * / / / 38 % 28% 41 30 10 5 Community Power & Light Co— Col M -M&S 101% Community Public Service— 1st mtge. 4s 1964.. M&S 107 Community Teleph 5s Jan 1 1949 / 29 Community Water Service Co— Deb g 6s 1946 ser A. J&D 89 Deb g 5%s 1946 ser B.—M&S 87% Conestoga Trac 1st 4s 1950.. J&J '43 Connecticut Light & Power— 1st & ref s f 7s '51 ser A..M&N 129% 1st & ref M 3 Hs ser F '66.M&8 110 1st & ref M 3 Mb ser G *66-J&D 108 25-year deb 3%s 1956.—M&S 106% 1957 as Connecticut Power—i: —1st & coll trust_5s 1956—J&J 1st & gen 3 % s ser O *75. .M&N Connecticut Ry & Light— 1st & ref 4 %s 1951 J&J Stamped guaranteed opt. .J&J Conn Riv Pow 3% ser A 'o 1 F&A Consolidated Cities L P & Tr— 1st lien 5s 1962 ...J&J Consolidated Debenture Debenture Debenture Edison Co of N Y— 3 Mb 1946 A&O 3 Mb 1948 -.A&O 3%s 1956 A&O 20-year 3%s debs 1958 J&J Consolidated Electric & Gas— Coll 6s ser A Aug 11962- -M&N F&A 6s series B 1962...... Collateral 6s 1957 F&A Consolidated Gas of Baltimore— Gen g 4Mb Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3%s 1971—J&D 1st ref M 3s ser P 1969...J&D 1st ref M 2%sser Q 1976.. J&J Consol Hydro-Elec Wks of Upper 107% 90 ft* 133 111 109 109% 109% 97% 57 123% 109% 110 107% 102% 107% 103% 102% 103 16 16 Empire District Electric Co— 1st & ref m 5s 1952 M&S 104% 105 103 90 i&x 99 107 102% M&S M&S 188 mx 103 101% 102% 105% J&D Sinking fund debs 5s 1946. J&D General Gas & Electric Corp— Scrip 4s due 1942 91" 104% 106" 80 <4 98* 104% ■ 98 -w 105" . t Prepayment n Nominal, r offer. 4% 4% % % 5 r / 100 100% 33% 31% 100% 101% 100% 77 81 65 101 101% 122 105% 84% a 106% 85% 110 35" 19% 30 91 93 68 71% 63% 100 99 r 96 97 59 60 110% 104% F&A 99% r 68 79 71% 67 109% 104% 101% oo 110. b Basis. 102 82 108 106% 106% 101% 107 . a 102 147 102% 100% 101 104 77% 77% '/ / 27% 27% 27% 8 78 78 79 107 63 108% 76% 76% 79 17 28% 28% 28% 8% 81 81 33 33 78 ,_n% 70 % 73 39% 70 94 1957M&S M&S 70 J&J Corp— 17 19 20* 6 % % sec bonds 1955 ser C J&D Sec 7s 1957 ser E__ F&A Sec 7s 1952 ser F: J&J15 International Railway (Buffalo)- 26 24 — Ref & impt 3-5s 1962 Buff Trac 1st 5s 1948 107 107 international Hydro-Elec System Conv deb 6s 1944 w w A&O Debentures 6s 1955 International Power Sec 84 jq7%: Inland Power & Light Corp— Coll tr s f 6s A 1936 / —M&S. Coll tr s f 6s 1941 ser B M&N'/ Coll tr 6s 1957 ser O A&O7 20 M&N 81 J&D International Telep & Taleg— Deb g 4 %s 1952— J&J Deb 5s 1955 F&A Int-State Bridge 4-6 %s '50.M&N Interstate Gas & El 6s 1951. .J&D Interstate Power 1st 5s 1957.J&J Deb gold 6s 1952 J&J Interstate P S (Ark) 6s 1940 M&S Interstate Rys 4s 1943.. F& a 44% 46% VkX 62 71% 28 i% % 73 Investors Telephone 3s 1961. J&J Iowa Electric Co— 1st 4s ser A 1961 J&J Serial notes— 4s Oct 1 1941. 4s Apr 1 1942 103 45 46% 64" llV* 29 74 103% 101% 101% 102 102% 102% 102% 102% 101% .... 4s Oct 1 1943........ Apr 1 1944.. 4s Oct 1 1944 105% 110 10 6% conv notes 1940 J&D / Indianapolis Columbus & South¬ 86 ern Traction 1st 6s 1948--F&A 77 tndlana polls Gas 5s 1952 A&O Indianapolis Power & Light— 1st mtgo 3 %• 1970 106% M&N 61 Indianapolis Ry 5s, 1967 J&J Indiana polls Water— 106% 1st mtge 3%s I960.. T&J Inland Gas 6 %s 1938 74% F&A Certificates of deposit 74% 76 6%s stpd 1952 ( /o paid)—.. 15 7s 1938.F&A Sinking fund de 4s 104 69 109% - 110% 69" 67 , 1st & ref M 5s Jan 1.1950. J&J 1st 1 & ref 5s 1963 F&A Indiana & 8 W Gas & Util— Deb 6s 1957 8i" 69 Indiana Hydro-Electric Power— 1st mtge 5s 1958 ser A M&N Indiana Pr 1st 7%s '41 A .M&N rndi&na Service Corp— .... 4s Apr 1 1945........ 4s Oct 1 1945 4s 11941 1 1942 1 1943 1 1944 1 1945. 1 1946 page 90 Indiana Assoc Telegraph 1st mtge3%s ser A 1970.-F&A 6s ctfs of deposit 1932 7s ctfs of deposit 1932 (ntercontlnents Power Co— Debs A 6s 1948. J&D Inter County Tel & Tel 5s 1948— :::: 122 Hydro El Bond & Sta 5s I957M&N Hydro Elec Power Commission (Ontario) 3%s 1943.. J&J 4%s due Jan 1.1970 J&J 8 %s 1947 A&O 2%s 1942— A&O 3 %s 1953— F&A 3s Aug 1 1948 A&O Idaho Power 1st 3 %s 1907—A&O Illinois Bell Telephone Co— 1st mtge 2%s ser A 1981. .J&J (11 Community Tel 6s 1949—J&J Illinois Power-& Light Corp— 1st & ref 6s 1953 series A—A&0_ 1st & ref 5%s 1954 ser B—J&D 1st & ref 5s 1956 ser O ..J&D 8 f deb 5%s 1957 M&S 4s Oct 1 1942... 4s Apr 1 1943 notes— Called for redemption; see 110 103% . 1st & ref M 3%s 1963-...J&D %s Dec 4 %s Dec 4%s Dec 4%s Dec 4%sDec 4%s Dec 103% .... r 88% 4 102 J&D 88 Serial 101% 101 Power— stamped 1950 102% 100% 104 .... .... M&S 1st s f 4%s 1950 Gen s f 5s 1957. 24 5s ctfs of deposit 1966 120 126 99% % 105 Deb s f 7s 1935 J&D,/ Infer borough Rapid Transit— I 101 Green Bay & Miss Canal— 1st & ref 4%s 1953 M&S Green Mountain Power Corp— a 56 J&J 70 * Prospective call. Canadian price. 1.75 0.75% 1.20% 1.30% 80 Gesfurel 6s 1953 x w J&D / Grand Rapids Ry 1st 7s '39.M&N / 68 35 1.50 1.60 76 General Public Utilities— 1st M coll tr 6 %s ser A'56. A&O 1st mtge & coll 6%s C55.A&0 General Water Wks & El Corp— 1st lien & col 5s 1943 ser A. J&D Great Northern 1st 5s 30 98 104% 100% 100% 100 59% 30" J&J A&O , Georgetown Gas Lt 1st 5s*61 F&A Pow let. « f »s '52.-J&J Georgia Power & Light Co— 1st mtge 5s 1978 ..J&D Georgia Railway & ElectricAtlanta Northern Ry Co— 1st guar 5s 1954 J&J 58 M&S Internat'l Pow Ltd 6%s H „% 16 104% 100 Great Lakes Utilities Co— 1st lien coll tr 5%s 1942..M&N 5 106% General Public Service Corp— See Investing Companies. 1st & gen 6%s 1950 Great Lakes Power Ltd— 111 98% 103% Granite City Generating— 1st coll 5s 1963——T— A&O Great Cons Elec Pow (Japan)— 1st M 7s 1944 --.F&A f 104 ol02 Florida Pow & Lt 1st 5s '54.-J&J Florida Public Service Co— 1st 4s series O 1955.. J&J Fontana Union Water Co— 1st & coll 4s 1950 .—.M&N 1st & coll 4s 1960 M&N Fort Pitt Traction—See Phila Co Fruit Growers' Express— 106 111% 104% 20 98 _ 17% 72 108 Harrisburg Gas 5s 1970 M&N Havana Elec Ry 5s 1952—F&A / 25 5%s (Sept'31 coup on)'51-M&S / H Home Tel & Tel (Ft Wayne)— Indiana Central Telephone Co— 1st lien coll 5%s 1938.M&N Indiana Gas Utilities 5s 1946.J&J 15 Ry 5s May 1 102% Ga-Caro 95 1 112" 18* 101 % 110 % 101"' 130 Debenture 6s 1954 ser B.. J&D Fed'l Pow & Lt 6s Nov 1,1965... Federal St & Pleasant Valley 110 21 Hamburg (Germany) Elev Undergound & St Rys 5%s'38__ J&D / Hamilton Gas 6%s Aw w *37 J&D / Hamilton Gas Corp— — 1st 5s (Amer series) 1942.M&S 1st 58 (Internat ser) 1942.. M&S Gatlneau Pow deb 5s w W '49 J&D 1st 3%s series A 1969A&O 1st 3%s series B 1969 A&O 109% Elec Co— .... Federal Light-Ac Traction 105% 97 " 91 90% 109% 77% 1st mtge 3%s 1960 J&D Houston Natural Gas Corp— 1st mtge 4s 8 f 1955 M&S Hudson Co Gas 5s g 1949—M&N Hudson River Trac 5s 1950.M&S 103% Equip trust 4%s to 1941—F&A Equip trust 4%s to 1943..M&S b Equip trust 4s to 1946 M&S b 110% Fuller ton-Portsmouth Bridge— | 1st s f 6s 1957 M&S / 110% 107% Gandy Bridge (Tampa)— 110 1st mtge s f 5%s f957 A&O 98 Gary Electric & Gas Co— 1st lien coil 5s 1944 J&J 102" Gary Rys Co 6 %s ser A 1945 F&A 103 Gary Street Ry 1st 5s 1937..A&O / Gas Co of New Mex 6%s '44 M&8< 91 Gas & El of Bergen Co 5s *49. J&D Gen 5s Nov 1.1954 61 M&N 109% 73 1st ext 6s June 1 1947—-M&S Houston Elec 5s ser A 1950. J&D Houston Gas Securn 5s 1952.M&S Houston Light & Power— 125 Equit G & E Utlca 5s 1942. A&O Ercole Marelli El Mfg Co (Italy) 1st s f 6%s 1953 with war M&N Erie Coach Co 4%s 1959 Erie Co Electric 6s 1959 J&J Erie Ltg 1st m 5s 1967 ..A&O Fall River El Lt 3%s 1968.-M&N 100 104% f deb 7s 1935—M&N / 1st 6s series A 1943. 1st 5%s series B 1955 Hoosac Valley Street Ry— 103% 99% 107 1st mtge 3s 1970 J&J Delaware Electric Power Co— Deb 5%s 1959 J&J a Delaware Power & Light Co— 1st M 4%s 1971 J&J 1st mtge g 4%s 1969 &J 1st mtge g 4 %s 1969 J&J Delaware Vail Util 6s 1952.M&N Denver Tramway Corp— Gen & ref 5s 1950 ser A. J&J Des Moines Ry 1st inc 5s Jan 1 '55 / Detroit & Canada Tunnel— 1st 5s, 1966 M&N Detroit Edison— Gen & ref M 4s ser F1965. A&O Gen & ref M 3 %s ser G '66M&3 Gen & ref M 3s ser H 1970.J&D Detroit International Bridge— 1st mtge s f 6%s 1952 F&A / Certificates of deposit / S f deb g 7s 1952 .F&A / Certificates of deposit....... / Dom Elec Pow 5%s 1955 M&S, Dominion Gas & El 6%s '45.J&J Dortmund Munic Util (Germany) I 20-yrsf 8%s 1948 A&O/ Duluth-Superior Transit— ' 1st 5s 1953 w s— M&S / Dumbarton B'ge 6%s to '49.J&J 33 103% 100 106% Florida Power Corp— 1st mtge 4s series C 1966. s 4s Series B 1953— 1970.M&N 104 105% 104% 106% 77% 101% 100% —. Gulf Coast Water 1st 5s '48-F&A Gulf Power 1st 5s 1968— A&O Gulf States Utilities Co— 1st m & ref 3 %s ser D 1969M&N Kxtl g 76% MX 102 4%s Dec 11953 Hamburg (Germany) 123% Coal 5s 1951..J&J Dayton Power & Light— Dawson Ry & 105 110 110 110 1st lien col tr 5%s 1957...M&S 108 122% . 68" Federated Utilities Inc— 56% 57% 107% 109% Contin Gas & El deb 5s 1958 F&A 97% Continental Pub Serv 6s '40. J&D / 6 100 Cooper RivBri'geinc 1st 6s'58M&N 102 Copper Diet Pow 4 %s 1956—J&D 88 County Gas (N J) 5s Jan I 1952. Crescent Public 8ervice Co— Coll Inc 6s B Oct 1 .1954.. J&D / 59 Cuban Telep conv 5s 1951.—J&J 87 Cumberland Co (Me) Pow & Lt— 1st mtge 3%s 1966 107% -A&O Cumberland Gas 6s w-s 1948M&N / 45 Dallas Power & Light— 1st mtge 3%s 1967 m% F&A 90 Dallas Ry & Ter 1st 6s 1951 .J&J Danbury & Bethel Gas & Elec Lt 6s series A 1948 F&A 103% 103% 106% 105% 56 M 110% a 106 164% 108% 89 101 15 1942 J&J / Federal water Service Corp— Conv deb 5 %s 1954 103% M&N 104 105 % 105% 107 110 _ 64 103% 102% 4%s Dec 11947— 4%s Dec 11948— 4%sDecl 1949— 4%s Dec 11950.. 4%sDec 11951— 4 %s Dec 11952 122 Pass 55% 56 88 105 91 Ask Green Mount. Pow. Corp, (Con.) Serial Notes (Con.) 107 73 16 Electric Pow Corp (Germany)— 1st s f 6 %s 1950 M&S 1st sink fund 0%® 1953..A&O Electric P & L Deb 5s 2030.F&A Eliz Plalnf & Cent J1 See Eliz & Raritan Riv)Public Serv Eliz & Trenton RR j Corp Elmira Water, Light A RR— 1st & con g 5s 1956. ..M&S EI Paso Electric Co— Stamped 96% Bonds 85 Edison El I11JN Y)—See NYG Edison Sault Elec4%s, 1961 A&O 1st lien g 6s 1942 sfcpd Bid Ask 104 89 Duquesne Light—See Phlla Co Duquesno Nat Gas 7s 1948..J&J Duquesne Trac—See Phila Co Durham Pub Ser 7s A 49—A&O East Coast Pub Serv 4s 1948 F&A Bast Jersey St Ry 5s 1944—M&N E. Kootenay Pow 1st 7s 42.A&O East Prussian Pow 6s 53....J&D Eastern Gas & Fuel Amoc—■ 1st m & coll tr 4s A 1956.M&S Eastern Iowa Pow 0i %s 1943.M&S Eastern Lt & Pow 4s A 1965. J&J Eastern Mass Street Ry Co— Ref m 4%s 1948 A J&J Ref m 5s 1948 B.J&J Ref 6s Jan 1948 ser O—M&S 15 Ref 6s series P Jan 1 1948. A&O Ref 6s series E Jan 1 1948. A&O Eastern Minn Pow 5%s 1951 & S Eastern Oregon Light A Power— 5%s series A 1951—.——M&S 5s series B 1953 —J&J Eastern 8bore Pub Service Co—■j 1st m 5%s 1947ser A...—M&S 1st M & 1st lien 5s 1955 B M&S Easton Consol El 5s 1949 —M&N Economy Lt & Pr (111) 5s '56. J&D 1st mtge 3%s ser A 109% 109 and Income and defaulted bonac month preceding the date of Issue „ 117 Wuerttemburg 1st 7s '56--J&J / Consumers Power Co— 1st mtge 3%s 1965 ..M&N 1st mtge 3%s 1967 M&N 1st mtge 3%s 1970 M&N 1st mtge 3% f 1966.. M&N 1st mtge 3 %s 1969—...-M&N 101% .131— 128 Bid Bonds Ask Bid Bonds Citizens Water (Scottdale)— 1st 5s series A 1953. J&J 97 City Light & Traction (Sedalla, Mo)lst s f 5s 1952 J&D 101 City A 8ub PS—See Un Rys of St L City A Sub Ry—See Wash By A El Olarksbury-Oolumbus Short Route Bridge 6%s 1952...J&D / 45 Cleveland Electric Ilium— 1st mtge 3s 1970 —J&J 107% Cleveland Ry 1st 5s A 1945.M&S 102 73 BONDS bond prices arc "and Interact" except where marked "f" Quotations for all securities are as near as possible for the closing day of the NOTICE—All 101% 101 32 Apr 1 1946 Iowa-Ill Telep 3-5 %s 1949—A&O Iowa-Nebraska Light & Power— 1st lien & ref 5s '57 ser A. M&N Iowa Pow & Lt 1st 4 %s 1958 M&S _ a 102% 108 34 108% —— / This price Includes accrued Interest, k last sale, 74 PUBLIC BONDS UTILITY NOTICE—Ail bond prices art "and Interest" except where marked "V and Income and defaulted bond* Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Bid Bonds Iowa Public Service Co— Deb 5s 1968 1950 1st mtge 4s 1970 M&N Gen mtge s f 4%s 1950—M&N Isarco Hydr< lec Co (Italy)-i1st M s f 7s 1952 M&N'I 17 _ / 4% 88 107% 107% 105 12 9 103 103% 103% 1942——F&A Kansas City Public Service—■ 1st ref 4s series O 1957 —-J&J 42 38 Kansas Electric Power— 106 1st mtge 3%s ser A 1960.J&D Kansas Gas & Electric— Kansas-Neb Natural Gas— 1st mtge s f 4s ser A 1957-A&0 Kansas Power 4s series A *64 J&J 127 112 Kentucky Power & Light Co— 1st m 5%s 1948 ser B M&S 106 105 105% 106 i02% 101 105 162% 170 106% 106% 109% 108% 1948--—F&A J '93% 96 A&O 94% 1st M coll tr 5%s '53 ser O F&A 1st col&ref 5 Hal 960 ser D F&A 6s coll notes ser A 1942 F&A 62% 95% 63% 62% 6s coll notes ser 63 91% 105% 107% 114 98 J&D 1st extend 4s 1945 5s 1960—-J&D lmpt g 99 J&D 1st extend 5s 1945 64% 63% 1st s f 5s 1968--- Lombard Elec Co (Italy)— 1st extl 7s 1952 50" 2nd 4s of deposit 1st M s Michigan Public Service Co— 1st mtge 4e ser A1965 A&O New Mex Gas 10154 10254 10554 10654 .—J&J Lake— 101% -J&.l 1st mtge 5s 1958 w Orleans City & 104% 105% f 5s 1943. New Orleans City RR 5s'43 J&J New Orleans Pub Service Co—7 1st & ref 5s 1952 series A..A&O 105% 102 1st & ref 58 1955series B_. J&D 106 Inc 6s Nov 4s Oct. 1 1946 10354 10254 104 1949 ser A...J&D / 104 Newport & Fall River 8t Ry— Consolidated 4 54s 1954 J&J Newport Gas Lt 5s A 1961.-J&D Newp News & Hamp Ry G & E— 1st & ref 5s 1944 J&J New Rochelle Wat 554s '51.M&N 1st 5s series B 1951 M&N . 104 1947 101 10054 56 55 9854 122 5s 1955--. .J&J Middlesex & Somerset Traction— 92 5s 1950 J&J 66 Midland Util deb 6s 1938.—M&S / Certificates of deposit / 63 New — Milford Water gu M 5s 1949.J&D 67 54 65 N Y Gas Elec L H & P Co— 1st g 5s Dec. 1 1948 J&D Pur mon coll tr 4s 1949—F&A Ed El 111 N Y con g 5s '95 J&J 109 New Armter Gas 5s 1948 J&J NY & ER Gas 1st g 5s '44—J&J Con 5s 1945—J&J 117% 107 10754 NY&Westch Ltg 4s 2004—J&J Deb g 5s 1954 op guar.-J&J 105% 114% 10354 104 106 N Y & Queens Elec Lt & Pow— 1st & con8 M 354s 1905--M&N New York Rys Corp— 109% 105 M&S May 1. 1947 104 54 M&N 9854 Light J&D 10254 Telephone— cum ser A '56--A&O J&D 1st M 5Hs 1950 series A.-J&J - - - - 108% 88* 10254 119 10254 112 11254 J&J 103 103 54 98% 354s I960.-J&D Montreal Isl Pow 5 Mb 1957 M&N 106 10654 1st mtge 3%s 1961 Montana Power— 1st & ref mtge 104% 66 110 44 2 3% 86 f 3 5*s 1956 1st & coll 354s 1963 1st & coll 3 %s 1973 8 48 70, 70 Niagara Falls Power— 1st & ref 354s 1966 M&S Niagara Lockport & Ont Power— 1st & ref 5s 1955 ser A A&O Nippon Elec Pow Ltd (Japan) 1st mtge 654s 1953 J&J Norfolk & Portsmouth Bridge— 1st 4-654s 1953. F&A 110% 109% 41 F&A F&A 354s debentures 1949 354s debentures 1954 89 1—H i—i r-1 4s debentures 1959 F&A Nor Amer Gas & El 6s 1949-.J&J / North Amer Light & Power Co— 104% 104 o« 105% 86 89 S f deb 554s 1956 North Boston Ltg 102% 102% 66 68 106% J&J 64 66 J&J 62 54 66 6454 6754 3 54s secured notes 1947-—A&O 104% North Carolina Gas 6s 48--M&N / North Continent Utilities Corp— 6354 66 Conv notes 3s 1949 J&J Montreal Tramways— 1st & ref g 58 1941 opt—-J&J Gen & ref 5s 1955 series A.A&O Gen & ref 5s 1955 ser B—A&O 1st coll & ref 554s J&J Properties A_ J& J 50% North Penn Gas Co— 1st M & lien 554s 1957—M&N North Shore Gas Co of Illinois— 75 *48 100% ser Joint 1st mtge 4s ser A '42-J&J North Texas Co 3-6s 1957—J&J Gen & ref s f 454s '55 ser C A&O Gen & ref 5s 1955 ser D.A&O 65 Morgantown Water 5s 1965.-J&J 10554 :::: Mount Hope Bridge 5s 1969.J&D, 83 2d income 8s Dec 15 1969--. J/ 26 87% Mountain States Tel & Tel— 30-yr 354s debs 1968 -J&D 10854 Muncie Wat Works 5s 1965.M&N 10554 81 98% Lt & Power F& A Montreal Lt Ht & Pow Consol— 1st & coll 108% North American Co— 11154 Montana-Dakota Utilities— 27 106% . Monongahela West Penn Pub Ser 1st & gen mtge 4 %s 1960.A&O Debenture 6s 1965 A&O J&J See N Y Gas Elec 90 10154 9% 9% 1st M 5s 1951 ser A M&N N Y & Westchester Lighting— 106 Income 7s 1950 A&O / 104 Mob Lt & RR Cons g 5s '41-M&S ' 10254 Mohawk V illey ref 6s 1991 M&N Debenture 6s 2031 A&O Monmouth Cons Wat 5s '56.J&D M&N Ref mtge 3 54s ser B 1967--J&J N Y Water Service Oorp— 99 , 106 M&N 1st mtge 3 54s gtd 1963 New York Telephone Co— 1 A&O - inc 9s 1st con 4 54s 1962 ctfs 1st con 6 Mb 1962 ctfs New York Steam Corp— 104 105% F&A t 105% M&S 102% M&S t 103 109 M&N 1st 4 54s 1960 Ist mtge 3%s 1964 New York State Rys— 10754 10154 stpd 1958 J&J AdJ income 6s Jan 1 1965--Apr 1st mtge 4s 1965 1st M 454s 1980— Monongahela Valley Water— 41% 109 111 _ Prior lien 6s Missouri Edison 1st 5%s '47 J&D Missouri Gas & Elec Service— 1st 4-58 1956— A&O 1st M 5s 1949 97% 121% 115 140 10854 Monongahela Light & Pow Co— 125 107% 108% 10554 Missouri Public Service Co— 1st s f 5s 1960 F&A 108% • 108 _ 107 54 1st mtge 4s 1950 J&D Minnesota Power & Light Co— 1st & ref 5s 1955 J&D 1st & ref 4Mb 1978 M&N 1 st mtge 3 54s 1966 87 99% 73% 101 105 Minneapolis Gas Light Co— 1st 108% 106 101% York Edison Co— 1st 1 & ref 3 54s ser D 1965.A&O 1st lien & ref 3 Mb ser E'60 A&O 95 115 Milwaukee Gas Light Co— 1st M 4 Ms 1967. -M&S 115 103 New York & East River Gas—8ee NYGELH&P Light Power— 1st 5s 1950 108 8454 108% 104% 104 Missouri Power & 89 87% 85% 111 4s Oct. 1 1943 4s Oct. 1 1944 4s Oct. 1 1945 Mobile Gas Service Corp— f 5%s '51 ser A—J&J f 5%s 1952 ser B..J&J M&S '60-A&O 5s 1951 M&N Ne ist s 4 J4s series C 1961 M&S Missouri Val Public Service— 6s 1939 J&J / / conv 105% 101 Missouri Ann O 1st & ref 454s D 1983—-M&N I & Hud Riv Ry & Ferry— 1st gold 4s 1950 N J Pow & Lt 1st 454s 1st ref M 6s 1951 ser A—M&N N Y 8tate Ei & Gas Oorp— 53 Manitoba Power Co Ltd— s N 9954 r New Mexico Power— 10254 —J&D 105 Manila Elec RR & Ltg Oorp— 1st lien & colltr 5s 53 M&S 1st M 101 1 1947 1 1948 105% An Oct 2013 102 ———_ 102" 104 Manhattan Ry (N Y)— 1st 4s ctfs of deposit 1990 103 103% Macon Gas 1st mtge 4 %s *52-J&D Macon Ry & Light 1st 5s '53.J&J Manchester Terminal— • 104 10454 — Michigan Gas & Electric Co— 1st & ref 68 1943 M&S Deb 5s 64 1st income 3-6s 1957 w 2d income 4s 1963 w s Light & Power— 1sts f454s 1950—.——J&J New Haven Water— • st & ref 4V4s n 1981—.M&S N Y & Richmond Gas Co— 85 M&N A 1959— 122% 124% M&N Newfoundland 112 Quebec Power— ser 10754 87 3 54* series 10654 10454 95% 16 1st M sf 7s 1948 M&N / Luzerne Co (Pa) Gas & Elec— 104 1st mtge 3%s 1966 -_J&J f 48 A 1961 .—M&N England Tel & Tel— 1st 5s 1952 series A......J&D 106 110 Luneburg Pow L & W W (Germ'y) 8 J&D 9154 104 26 1st s f g 6%s 1944F&A/ Lower St Lawrence Power— 1st s f 5s ser A 1955 A&O 1st Deb 554s 1954 New England Power— New 105% Louisville Ry— 1st 4%s ext Aug 1 1942 -M&S General 5s 1950 F&A Lowell Gas Light— 1st mtge 4%s ser A 1966-M&S Lower Austrian Hydro-Elec— McLaren 50 Mississippi River Pow 5s *51-J&J 82 Long Beach Gas 1st 5s *56--J&D Long Island Lighting— Secured g 6s 19451 J&J Conv deb g 5%s '52 ser A_A&0 Los Angeles Hermosa Beach & Redona Ry—See Pac Elec Ry Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 1st ref s f 5s ser A 1948.-_A&0 1st ref s f 5s ser B 1950—A&O Louisiana Pow & Light Co— 1st mtge 5s 1957 __J&D Louisville Gas & Elec Co (Ky)— 1st & ref M 3%s 1966 M&S Louisv Ltg 5s '53 unstmpd-.A&O Convertible deb 5s 1962—J&J New Engl Pow Assn 5s 1948.A&O 61 37" 1st 4Mb 1961 ser B 1st & ref 5s .955 100 J&D / 6154 6154 6054 Conv deb 5s 1948..—....J&D Conv deb 5s 1950 M&N 105" Mississippi Power & Light— J&D 1st M 5s 1957 93% J&J - Conv deb 5%s 1953 J&J Lincoln Gas & Elec 5s 1941--J&D 120 112 con 654 654 554 554 2754 Mississippi Power Co— Leipzig Overland Power— 16 S f mtge 6%s 1946 M&N / 102 Lewiston Gas Lt 3 %s C '56-A&O 109 Lexington Ry 1st 5s 1949 J&D Lexington Water Power Co— 5s *48.J&D Newark Gas 6s Apr I 1944-.Q-J New England G & E Assoc— Deb g 5s 1947 M&S 96 ... 89% Lehigh Valley Transit— Ref & 59 59 1st mtge 3 %s ser A 1966--A&O Lancaster Co Ry & Lt 5s 1951 J&J Amsterdam Gas—See N Y Light Heat & Power Newark Cons Gas 10054 . B 1942—F&A % 10854 11654 96% 9954 Gas Elec 109 10154 10154 10154 4954 Middlesex Elec * Lake Sh Gas 1st 5%s 1950 M&N Lake Superior District Power— New 110 10354 M&S 4s Oct. 1 1948 • 18 20 33 4s Oct. 1 1949 Middle States Util 6s A 1951 A&O Middle West'n Telep 6s '43.-J&J 6i 54 53 11154 Gas— — 100 106% 45 Mar 1952- IstM 5s 1956---.--- 100 National Power & Light— Deb 5s 2030 ser B M&N National Public Service Corp— Debenture gold 5s 1978--F&A Certificates of deposit Nat Toll Bridge 6s stmp '39-J&J Nebraska Pow 1st 4%s 1981- J&D Deb 6s 2022 M&S Nev Calif Elec 1st 5s 1956—A&O Deb 6s July 1941 J&J 20 11054 10854 10854 Mex Lt & Pow 1st 5s *40 s f.„F&A Mexican Utilities 7s ext'49..A&0 4s Oct. 1 15% A&O 34 A&O / - % 10154 4s Oct. 1 1941 4s Oct. 1 1942_ 105% - 104" 62 Serial debentures: 104 _ 102 Mich Fuel & Lt 6s A 1950.-J&D 105% 101% 7754 101 Metrop Edison Oorp 6s '61-M&S Metro Wat Sewer—See Fgn bds Metropolitan West Side "L"— 1st gold 4s 1938 F&A/ Exten gold 4s 1938 J&J / Mexican El L 1st M g 5s '42.J&J 4s Aug 48 Aug -104 Kings County Elec Lt & Power— Purch money 6s g 1997--A&0 KingsOoElev—See Bklyn-Que *ns Kings Co Ltg 1st ref 5s '54--J&J 1st ref 6%s 1954 J&J Kokomo Water Works— 1st 5s ser A 1958 J&D Lackawanna & Wyoming Val RR 1st 5s 1951 F&A / Meridionale Electric Co— lstsf 7s 1957 ser A / _ 1st M 5%s 1950 ser A J&J Maysville P Serv 5 %s A 1942A&0 Memphis Street Ry— 3-5s series A 1945 -A&O 3-5s series B 1945 Ann April 4s Aug 1 1944 4s Aug 1 1945-—4s Aug 1 1946 101 Kentucky Utilities Co— 1st mtge 4s 1970 J&J S f mtge 4%s 1955—-----F&A Keokuk Elec 6al945__-—M&N Kewanee(Ul)Pub Ser 6s A '49 J&J Key West Electric 5s 1956--F&A Keystone Public Service— 1st M 5s 1978 M&N 75 102 Nat Gas & El Corp 5s 1953.F&A 5s series B 1947 -J&D Nat Lt & Pow 6s 1949—-M&N 79 _ 4s Aug 1 1941 4s Aug 1 1942 4s Aug 1 1943 30 J&D 1942 mod) ext at 5% to Q-A Maryland Light & Power— _ Nassau & Suff Ltge 5s 1945--F&A National Electric Power Co—• 5s stamped 1978 J&J / 1945 1st mtge 4s 1963 Serial notes— 2% Kentucky-Ohio Gas Co— A Q Jan 9954 1st 5s 1951 M&N Nassau El RR—See Bklyn Queens J05 102 Miami Bridge— 98 _ ser 106" Michigan Consolidated 111% J&J Kentucky El Pr lstsf 6sl980J&J Kentucky Fuel Gas Corp— 1st 6%s 1942 stamped J&D Ret & ext 5s f 7s 1940 income deb 6s (w-s) 103 105 Kansas Power & Light Co— 1st mtge 3 %s 1969 , 106% 124% A--M&S Laclede Gas Light Co— Ref & ext 1st 5s 1939-- s 1st M 4Ms 1968 ser D—M&S 1st M 4s 1971 ser E M&N 1st mtge 4s ser G 1905.--M&N 105% 98 95 A&O 4l" Metropolitan Edison Co— 39 _ 6s 90 104 Cons mtge 3s B Dec 31 1962 Joplin W W 1st 5s 1957 M&S Kankakee Water 4%s 1959--J&J Kansas City Gas 1st 5s '46.-F&A Debentures 44% 5% 43% Johnstown Traction 4s Dec '31'62 - 1956-A&O Gen sf5%s 1956 17 Maritime Telephone & TeJ „ Jersey Central P«jw & Lt Oorp— 1st mtge 3%s 1965. M&S Jer i 'ity Hob & Pat—See P S Corp Jewett City Water 5s 1945--J&J Ctfs indebt 2s 1958 Maritime Electric 4 Ms Bid Londs Municipal Gas & El Corp of 16 Reclunghausen 7sl947 J&D / Mat Fuel Gas-See Peoples GL&C Narrangansett Electric Co— 109 1st mtge 3548 I960 --J&J Nashville Gas & Heating Co— 107 % 96 F&A (San Francisco)— James River Bridge System— 1st 2-68, 1907 -J&J Jainest'n (NY j Telep 5s 1954 J&D \ —J&D / 15-year s f 7s 1941 Marion-Reserve Power— 1st mtge 3 %s 1960 1st _ 5s stamped 1942 -J&D Inc deb 6s ser A ws 1952-M&N 73 Ask Mannheim & Palatinate Elec Cos Ref & gen 6-4 %s ser B 1966 J&J r Ref & gen 4s series C 1967-J&J r Market Street El Pass Ry— See Phila Rapid Transit Market -<t Ry 23 70 Islands Gas & Electric— Deb gold 6s 2022 ser 103% 105% 11——■11' 0 0 25-yr a f 5%s 1953 ser A.-M&S Italian Superpower Oorp— See Investing Companies. Jacksonville (Fla) Gas— 1st 6s series A 107% , M&N A «er 104% 106% Bid Bonds 104 F&A 1st mtge 3 %8 1969 Iowa Southern Utilities— Deb 6s 103% M&S M&N Debenture 6s 1960 Ask Nor Conn Lt & Pr 5s 1946. -J&D Northern Indiana Pub Serv— 1st 3%s series A 1969---.F&A Nor Indiana Telep 4 54s '55-M&N 88 \. 51% 102 90 94 96 118 122 107% 108% 64 66 10854 I a n Called for redemption; Nominal, r Canadian see price. page 110. • Prepayment offer. t Prospective call. . j> Basis. /This price includes accrued interest, fc Last sale, NOTICE—All bond prices Bid Northern N Y Utilities Inc— 1st lien & ref 7s 1946 A—M&N 1st Hen & ref 6s 1947 B—M&N Northern Penna Power Co— 1st & ref 5s 1956 ser A J&D 1st & ref 5s 1962 A&O 105% 105 109M M&S 110M 110M M&N Sfreg Income 3-6 Ms May 1 *69 95 M 97 69 M 71 7M 8M 7M 8M 9M Mutual Fuel Gas g 101 conv 6s 1960 ser A J&J Northwestern Pub Serv Co— 65 1st J&D Nova Scotia Light & Power Co— 1st M s f 4s 1957 J&D NY PA NJ Utilities- r Oberpfalz Elec 7s 1946 Ogden Gas 5s 1945 90 i 94 100M 109% 110% M&N 107 M M&S 109 M J&J 109 M 108 M 109% 110M 1967 1972 1st mtge 3 Ohio Power Co— - 130 107% 107 % 104 104M F&A 109% 1941 19421943 1944 1945 1946 3Ms Aug 1 3Ms Aug 1 4s Aug 1 4s Aug 1 100% 102 % 102 H 102 M 102% 102 % ------ - 103 4s Aug 1 1947 Ohio Valley Water 5s 1954 J&J Ohio Water Serv 1st 4s 1964.J&D 108 M 108 Oklahoma Gas & Electric— 108 M 103 109% 1st mtge 3 Ms ser B 1955—F&A Oklahoma Power & Water— 107 % 108M F&A 103 M 104 1st mtge 3 Ms 1966 Debentures 4s 1946 J&D J&D 104% 1st M 5s 1948 ser A Oklahoma Ry 1st & ref Income 5s 1990 5s '41 .J&J / Apr 1 21% 1M 88 M 52 M 101M 49 M 1st gu e 5s '45 opt bef '16.M&N Oregon Elec Ry 3s 1958 M&S Oregon-Washington Water Serv— 1st M 5s 1957 ser A .J&D Ry 4Ma '48-'55.J&J Ottawa Light Heat & Power— Ref & coll tr 4s 1957 A&O r 100 M 99 M r 91 92 Piedmont IIvdro-El Co (Italy)— 1 st & ref s f 6 Ms 1960 ser A A&O 20% 3 103 103 M 1 105% 15 17% 16% 36 98 99% 95% 17% Portland (Ore) Gas & Coke— 1st & rer g 5s 1940 J&J 5s stmp ext 1950 J&J Postal Teleg & Cable 5s Potomac Edison Co— 1st mtge 5s 1956 ser E 56 M 95 58 102 M 112M 110M 108% 102 M 104 % J&J Northwest Pub Serv— Conv deb 6s 1950 M&S f 17 Pacific Power & Light Co— 1st M 5s 1955 F&A 99% Pacific Telephone & Telegraph— 108 Refmtgle3%sserB 1966—A&O Ref mtge 3 Ms ser C 1966. J&D 102% 112% 111% 109% 102% 108 99% - s J&D f debs 1949—- Public Service Co of Indiana— 1st mtge 4s ser A1969--.-M&S Serial debentures— 3 %s Sept 1 1941 3 %s Mar 1 1942 3 %s Sept 3 %8 Mar 3 %s Mar 100 1 1942 1 1943 3 %8 Sept 1 1943 3%s Mar 1 1944 3%s Sept 3 %s Mar 3 %s Sept 103 Paterson Ry—See Pub Serv Corp Pecos Valley GasextOMs '44M&N 1 1944 1 1945 1 1945 20% 110% Non-cura inc deb 6s 1950.M&N / H 1962 101% Transit Corp— 66% 4Ms inc A notes 1958.M&S / 1958-M&S / 45 Rome (Ga) Ry & L 5s '46 A&O a 105 Ruhr Gas Corp 6Ms '53 A..A&O / 17% Safe Harbor Water Pow Oorp— 1st mtge s f 4Mb 1979 107% J&D 86% Saguenay Power 4 %s A 1966 A&O 68 48 Called for redemption; see 88. 121 103% debentures— 54% 11 105% 105% 1942 - H H O O a>COI-* S3K St Louis Co Gas 1st 5s 1951-A&O M&S 73% 20 15 1964.. f A&O - St Paul Gas Light— Gen gold 5s 1944 M&S 110% 112% a 101 105 75 - — - - 20 17% 56% 107% 107% 105% 106 108 108% 1st mtge 3 m« 1070 San Francisco Bay Toll - 100 101% 103~" 105 103% Unlf & ref 6s 1952 109 108 M&S Bridge— ser 31 29 % B..M&S 133 1% 137 San Jose Water Works— 1st mtge 3%s ser A 1961.-J&D Santa Barb Tel 3 Ms ser C'66 J&J 105% a 106 r 103% :::: Sandwich Windsor & Amherstb'g 100% 102% 103% 104% 104% 104% 104% Ry debenture 4M8 1943. .J&D Savannah Elec Co 1st 5s *52_ J&J 105% 110 Savannah Electric & Power Oo— D 1947-.—QJ 1st & ref M 5s ser F 1955.M&S 1st & ret 4s 100 ser Savannah Gas Co— 1st mtge 3%s 1966 104 104 106% 104 J&J Sayre (Pa) Elec 5s 1947. —.A&O 1 1946 1 1946. 104 104 1 1947 1 1947 1 1948 104 1st 4 Ms 1958 M&S Scranton-Spg Brook Water Serv— "6% Scranton Gas & Water Oo— 104 105% Schenectady Ry 1st 5s Mar 1, '46 / Scioto Val Ry & Pr 1st 6s '43.J&D 13 106 106 3 Ms Mar 3 Ms Sept 3 %8 M tr 1 1948 104 1 1949 104 1 1949 104 5% 94 99 103% 104 A...F&A 1st & ref 5s series B1961.F&A 104 101 101% A 5s'50.A&O 84 1st & ref 5a 1967 Scranton Trans 4s series ser ser Income 3sApr 1 1959 105% 106% Seattle Gas 1st 5s 1954 Seattle Lighting Oo— 108 109 1st 5s 101 ..A&O B1959 109% 62 M&N / A&O M&S 1944 6% . 72 107% Seconu Ave Trac—See Phlla Co 104 101 b Basis. - 103 1st M sink fund 6Ms *57-M&N / Deb s f 7s 1942 M&N / San Joaquin Lt & Power Oorp— 108 110. <• San Antonio Public Service— 108 page w . 72 75 107% I-*)—1 OO oco 74% 20% St. Maurice Power— Guar 5s 1952 67% 3 %s Sept 3 Ms Mar 3 Ms Sept 56 Jan 1 4Ms Jan 1 1943 / a 23% 108 91 B 1966 A&O (III) Gas & El— 1st cons guar 5s 1959 M&S St Joseph Ry, Lt Heat & Power— 1st mtge 4%s 1947 J&D 1st 4%s series St Clair County —F&A Salt River Valley Water Users Assn 6s 1941 F&A 6s 1942 F&A 6s 1943 F&A San Angelo Telep 1st 5s 1958 F&A 112 Co— Pennsylvania Gas & Elec Co— 1st f & ref 5Ms *55 see A..M&S 1st L&Ry 5s 1958 M&S 109 M&S Extend 5s 1951 Salmon River Power— 3 Ms Sept Valley Power & Light Co 1st extended 6Ms 1950._M&N Pecos M&N —A&O 110 1st mtge os 1959 Conv n-c inc 4s May 19% 108% 3 %s Provincial Light Heat & Power— 5s 1916 M&S Elec 6s 1954 F&A Public Gas &Ooke 5s 1952—J&D Public Service Co of Colorado— 1st mtge 3 Ms 1964 J&D 124 120 mtge Prussian A&O 104% J&D / 36 & Elec M&S F 96% _ 109 3M> sor I 4%s series B 1970 Providence Gas 4s ser B 1963 F&A 4s 108% 109% 108 J&J ser 84 St Louis Public Service— 109% 110% M&N P>wer Secur coll tr 6s *49.-J&D Paterson & State Line Traction— Electric F&A 108 4s 107% 95% 69 *53 -J&J / 1966 J&J Power Oorp of Canada Ltd— Conv deb 4Mb 1959 Ser B.M&S Conv deb 5s ser A 1957 .—J&D Pacific Penn Public Service Corp— 1st & ref 6s ser O 1947 M&N 1st & ref 5s series d 1954 .J&D 105 1967.M&S Serial 82 81 106% 1st M 4Ms 1961 series F__A&O Potomac Electric Power— 1st Pacific Light & Power Co— 1st 5s, 1942 ..M&N I) Lt & RR— 4s 1952—-—-J&J Light— Rochester 100 90 M&N - 1st & ref 4s 1971 23% 98 . fc S f 4Ms inc B notes Porto Rican Power 6s 1950.M&N Porto Rican Rys Ltd 5s 1962M&N Penn Central Light & Power Co— 1st & ref 4M« 1977 M&N Rhine-Westphalia El Pr (Germ'y) Mtge g 7s 1950 M&N 15 Direct mtge 6s 1952 M&N 15 Con mtge 6s 1953 F&A 15 Cons 6s 1955 A&O/ Richmond (Ind) W W Corp— 1st M 5s 1957 -M&N 105% S f 87 1964 67% Gen mtge 3 %s ser J 1969.M&S Rochester & Lake Ontario Water 2 Pittsburgh Rys—See Phlla Co Pittsburgh Suburban Water Serv 1st 1 & ref 5s 1958—_ —M&S 45 M Gas 66 112% 81% Rhine-Ruhr Water Serv Union— Extl deb 6s 1953 J&J Gen mtge 44 M 91 M&S 1949 Power— 1st & coll 4a1962 M&S Queensboro Gas & El 5e '52.J&J Conv g deb 5 Ms '52 ser A. A&O Republic Service Corp— 1st coll trust 5s 1951-s J&D Gen mtge4Ms 1977ser D.M&S Gen 3%s series H 1967— M&S 9% 86 Passaic Quebec Rochester Gas & Elec Corp— 65 5s 1942—J&J 1952 93 102% 101% 100% Rochester Central Power Corp—■ Deb g 5s 1953 M&S 102 Paterson Ext extd 5s 1950 218 lst & ref 5Ms 1949 -J&D 1st & ref 5s 1950 ser O—.M&N 1st & ref 4Mb 1950 ser D.J&D Roanoke (Va) Gas 1st 5 Ms 1951 46 104 1st & ref M 3 Ms ser 11966. J&D 1st & ref M 3s ser J 1970. -J&D ser 76 94 1st & ref M 4s ser G 1964.-J&D 1st & ref M 3 Ms ser H *61 J&D 1st & ref 5s 73 1927-A&0 90 M Pennsylvania 67 Portland (Me) RR 3 Ms 1951 - J&J 1st 1 & con m 5s 1945 M&N Parr Shoals Pow 5s 102 110% 142% Public Utilities Consol Oorp— 1st M 5Ms 1948 M&S 1st coll tr 5s 1937 100 J&J J&J J&D 1st & ref M 3 Ms 1968 1st & ref 5s 2037 1st & ref 8s 2037 Richmond (S 66% M&S . 103% 100 — — 78% 110 -—-J&J J&J J&J _ Los Angeles Pacific RR— 1st & ref mtge 5s 1943-M&S 1979 105% 102% Platte Val Tel 1st 4%s '58—M&N Pomeraoia Elec 6s 1953 M&N Portland Elec Pow 6s 1950.M&S 104M Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B.J&D 5s 105 103 Pittsburgh Trac 1st 5s 95 1st 104 100 103 Redona Ry 1st 5s *42 5s 76% 91 Los Angeles Pacific Co— lstref g 4s 1950 opt *15. J&J Gen cons 1st 5s 1946—J2&J & 113 75% 107 1961 consol gold 5s 112% 102% 98 Calif Pac Ry 1st 5s 1941 „J&J Los Angeles Hermosa Beach & Paterson 110% 90 101 r 103 Water Co— 5s 110 1950—J&J f 5s 1952 Refunding 10 J&J .J&J 1960.J&J / Philippine Long Distance Tel— 1st 8 f 6s series A 1953 J&J 1st 6s 1954 Phlla & Western Ry 5s 1st i'n & gen 4Mb 1941-1948 A&O Otter Tall Power Co (Minn)— 1st mtge 4s 1961 J&J 1st mtge 3 Ms 1969 M&S Pacific Elec Ry g 7% 2% 5M 1M Portland Gas Co 1st 5s 1951.F&A Portland General Eletric Co— 1st & ref 4 Ms 196u M&S 1st M 58 exten to 1950 J&J 3-3 Ms s 14" 10 -F&A 78 '53—J&D ~7~~ Puget Sound Power & Light- 4 93 Philadelphia Rapid Transit—• Coll tr g 5s 1957 opt s f—F&A S f guar 5s 1962 M&S 6s gold 1962 —M&S 1st m r e 6s 1944— .J&J Market Street Elev Pass Ry— 1st g gu 4s 1955. —M&N Union Traction 4s 1952 J&J Phlla Transportation Co— Consol mtge 3-6s 2039 J&J Scrip 1st & ref 4s 1969 J&J Phila & West Chester Traction— Serial notes— 1st 105% 107% 13 3Msl967—M&S Philadelphia Electric Power Go— 1st mtge 5%s 1972 — —F&A 109% 103% Public Service Elec & Gas Co— 101 105% 3M 107% 5s *38.J&J Pitts Canonsburg & Wash Ontario Pow 5s *43 op to *13-F&A Ontario Transmission Co Ltd— Ottawa El 20% H 87 M 51M 102M / Old Dominion Pow 5s May 15 '51 Omaha & Council Bluffs St Ry— 1st extd 4s 1947 J&J Ozark Power & a 1st 4s 1954 Oklahoma Natural Gas— 125 _ 1st & ref 58 1990 1st & ref 5%s 1990 1st & ref 6s 1990 102 M 102 M 65.J&D 1st 5s 1955 So Jeisey Gas El & Trac— Guar g 5s March 1,1953-M&S Public Service Co of Nor 111— 1st mtge 3 M« 1908 A&O Public Service Co or Oklahoma— Pub Serv Coordinated Transport 1st & ref 4s 1990----.—-J&J Phlla & Garretsford St Ry— notes— 3 Ms Aug 1 3 Ms Aug 1 West End Trac con 110M 1st mtge 48, 1962 116 105 a 1st & ref mtge J&D A&O A&O 1st mtge 3s 1971 Ohio Public Service Co— 115% 103% 104% 1st mtge 3 %s ser A 1971—F&A Public Service Co of Pa— a a 85% 95 1st lien & coll 5 Ms Philadelphia Electric— Deb g 6s 2024--1st mtge 3 Ms 1968 Serial F&A * 92 Paterson Ry— 2d 6s '14 ext 5% to '44. A&O 23 M 30.J&J Fort Pitt Inaction 5sl938-_— Pittsb Rys 5s 1953. A&O 2d Ave Tr 1st 5s 1934- —-J&D So Trac 1st & colltr g 5s 50A&O United Trac 5s 1997 ctfs -J&J Ohio Edison Co— 1st & cons 4s 1965 111 20 Duquesne Lt 1st 3 Ms Duquesne Trac 1st 5s 16 J&D M&N 92 Elizabeth & Trent 5s '62.A&O J O Hob & Pat 4s 1949—M&N 90% 94% _ Philadelphia Company— Secured gold 5s 1^67- —---J&D Ardmore Street 5s 1958.-A&O 98 97 F&A 1956 1st mtge 4s J&J f 5s w w 1st & ref 5s 1950 r 1st g 5s Dec I, 1950—J&J Eliz & Rarltan Riv 5s '54.M&N 120 „ 109 101 114% 103 M 104% 115M Oorp— J&J , 151% 1946-J&J Ry— 1st 5s Sub 106 Ellz Plainf & Cent Jersey „1XT 106 Northwestern Utilities Ltd— 4%a series A 1959 s 105% Camden 109 5s 47 M&N 1954 J&D Peoria Water Works Co— 1st consol 4s 1948— .M&N Prior lien 5s 1948 M&N 1st con 5s 1948 ——M&N 1st 105 M 96 1st mtge 4s series A 1970- -F&A N'western Telex 1 st 4 Ms *44.J&J Deb 5s ,-oV??S Peoria Service Co— 17 107% 107% %s ser O 1960—F&A Public Service Oorp of N J— rrust certs 6% perpet—M&N 109% 100% 88 M 92 M 46 M 5s 68-J&L) 1941 1st lien 5 Ms 102 M 15 1st mtge 3 1st mtge 3 %s ser D *60--M&N 1st 3 Ms series E 1961--.—F&A 1st 3%s series F 1966 J&D 107 67-F&A Conv deb 5a 1979 income 5s 1953—A&O / Northwestern Pow Co Ltd— cum 65% 109 106 Peoples G & Fuel 6 Ms ww'37 a&O People's G L & Coke. Chicago— 1st cons g 6s 1943. —--—A&O Refunding gold 5s 1947--M&S 1st & ref 4s 1981 ser B —J&J 1st & ref mtge 4s ser D 61 - J&D Northwestern Penna Gas— 1st 64 70—J&J Ref mtg & coll tr 3 Ms Wat Serv 5s ser A Peoples Light & Power P&A 6s series B 1950 106M Peoples Gas (N J) 1st lstsf 5Ms I960— 32 Northwestern Elevated (Chic) 1st mtge 5s 1941 opt M&S Union El (Loop) 5s g'45-A&0 Northwestern Light & Power— 108% 108% Penn Bid Bonds Public Service Co of N H— Refmtg&colltr3ksl964 J&D 123 M 122 N'weet Cities Gas 6s J949-—J& i f Northwest Louisiana Gas— 1st M 6 Ms 1936 with warr. J&D f Ask Pennsylvania Gas & Elec Corp—Deb gold 6a 1976 ser A—M&S Pennsylvania Pow & Light Co— 1st mtge 3 Ms 1969— F&A 4%s debentures 1974—-—F&A Penn Water 1st 3 Ms A 67—F&A Penn Water & Power Co— 109% mtge 3%s 1964 Northern Utilities Co— 1st lien 4-6s 1968 Bid Bonds Ask Northern States Power (Minn)— 1st & ref M 3 Ms 1967— F&A Northern States Power (Wis)' 1st where marked "f" and Income and defaulted bonds possible for the closing day of the month preceding the date of issue -and Interest" except ar« Quotations for all securities are as near aa Bonds 75 UTILITY BONDS PUBLIC June, 1941] /This price includes accrued interest. k Last sale, n Nominal, r Canadian price. 64"" 8 74 76 PUBLIC UTILITY BONDS Quotations Bonds Bid Shawinigan Water & Power Co— 1st M&col b f 434s'67 serA A&O 1st coll tr 434s ser D *70-A&O 1st coll tr 4s ser F 1961.—A&O 1st coll tr 4s ser G 1969—J&D Conv coll sec 86 86 68 99 34 67 3ijs 1940—M&N Shenango Valley Water— 4s series B 1961 A&O Shinyetsu Elec Pow (Japan)— 1st sink fund 634» 1052—J&D Shrevp't Bdge & Term 5s'55-F&A Ask Bonds 87 Texas Hydro Electric Corp— 1st mtge 6s ser A 1956 A&O Texas Pow 8614 6934 10014 68 1st & ref 5s 1950 M&N 51 1st mtge 4s 1960 Serial debentures— 3s 1941 6s 1942-1940 Sioux City (la) Serv J&J 10614 J&J J&J 25" 10714 10114 10814 10514 r 10714 106 5414 10214 10214 Southern G & E (Fla) 5s '53.J&J Southern Natural Gas Corp— 60 Adj mtge inc Jan 1 6s '60. A&O 1st M pipe line s f 4 Hs '51 A&O 8outh N E Telep 1st 5s 1948. J&D Southern Traction—See Phila Co 101 Southern Union 10-year coll s f _ 125 98 Southern United Gas Co— Non-cum 6s (ws) 1951-—.. / 5614 Southern Utah Power Co— 1st M 534s May 1. 1960..M&S 102 Southside Va Pow 5s 1950—F&A 100 Southwest Gas Co (Okla)— 1st s f 6s 1954 ...M&N 98 S'west Nat Gas inc 6s 1966--A&0 74 S'west Pub Serv 6 34s 1937--M&S Southwest Telephone Co— 1st 6s series B 1947 M&S series C Southwestern Bell Telephone— 1st & ref M 3 34s ser B '04. J&D 1st & ref M 3s ser O 1968—J&J Southwestern Gas & Elec Co— 1st mtge 334s ser A 1970—F&A Deb g 6s 2022 series A Southwestern Public Service 1st M s f 6s 1945 ser A Southwestern States Telep 1st M 6s 1948 1st 6s 1949 76 76 112 a 107 10734 69 72 11014 105 10414 90 8614 Standard Public Service Corp— 1st lien 6s series A 1948 F&A 1st lien 6s 1948 ser B J&D 8614 Deb 86 % 87 82 84 1961 1st Deb 5s 1958 J&D 126 mtge 5s I960 May J&J 414s * Prospective call rCanadian price. z M&S / 98 97 8 9 8314 101 65 A&O 10134 1063s 107 54 84 91 Wuarttemberg (Germany)—See Consol Hydro-Elec of Wyoming Valley Public Serv— 1st & ref J-6s 1971 A&O/ J&D t 1134 122 5s '37opt. J&D / 1947 J&D / 9936 99 ? * 1st Uen & ref 6s 10134 M 5s 30 32 30 32 w 24" 111 10734 26 6 Basis. 1 * 134 34 * * 2 34 * 13 34 10 34 2534 Amer Gas & EIp* com 10434 10334 10034 Amer Gas & Power 634 734 12 16 .....1 com Warrants ; —— & Light 1H 34 17 H 107 2 234 14 *4 2634 10734 234 34 1 13 1334 2534 27 ... American Light & Traction. ..25 6^ preferred. .....25 Amer Powet 103 17 100 1 134 com......* .......* 16 preferred. $5 preferred. 34 34 34 34 _* 30 34 3034 9134 .... Amer Public Serv 7% pre!...100 90 Amer Railways com 50c American Service $3 preferred—* Amer States Utility com 1 5 i 1734 2 1 1834 234 11034 102 '1—' OO 83 83 8034 21 12634 10934 10634 112 34 10734 10634 10234 10334 10134 5V4% preferred 25 Superpower Corp com....* 1534 *4 16 First |6 11034 • 43 H 35 * 44 34 4 100 15034 15134 Amer preferred Preferred $6 series American Telep & Teleg Amer Utilities Service • • com 6% preferred 5c 26 Wat Wka & Elec com • $6 1st preferred • Vppalachi it Electric Power— 4 34% preferred -.100 84 84 8134 23 4 Arizona Edison 103 34 • com 11034 109 Common 10734 1 6% preferred Arkansas Nat Gas 50 common Class A non-vot * common 6% preferred..............10 Arkansas Pow & Lt 7% pref • 108 6% preferred 10934 12 1234 .* Associated Gas & Elec com Common class A —— 71 634 84 x 734 86 6 x 104 634 4534 134 134 6 34 79 34 73 34 47 134 134 634 83 1 1 Original preferred__—... $4 preferred $5 preferred $6 preferred $636 preferred $7 preferred - 72 6 4 34 8934 80 Arizona Power $6 preferred.....* Arkansas Missouri Power— % 15c 5 Amer 109 10234 110. 10334 128 10134 125 see page _50 86 preferred Warrants 123 lit 68 1959 J& West Canadian Hydro-Electric— 1st 6sser A 1950... J&J Oonv deb 014s 1945 J&J a Called for redemption; Ex-dividend 101 $7 second 2nd pref series A 16 10034 Washington Gas Lt 5a '60..M&N Washington Ry & Elec Co— Consolidated 4s 1951 ..J&D \oncost & Pot 5s 1949—A&o 1st guar 5« 1949 —A&O 1st s f gtd 334s 1951 A&O City & Sub As 8 194H F&A 1st s f gtd 334 s 1951-—-A&O Washington Water i'ower Oo 1st mtge 314s 1904 J&D Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 J&J / Waukesha Gas & Electric Oo— 98 89 Alabama Water Service 6% pref. * Allegheny Traction—See Phila Co $7 preferred. 103 1960. F& v / 106 * * Allentown Beth Gas pref Amer Cable & Radio Corp American & Foreign Power; 434 10434 M&N w * $5 preferred 4?4% preferred. ser 1955 PUBLIC UTILITY STOCKS. Alabama Power $7 pref $6 preferred 3634 40 103 Washington Gas & Electric Co— 1st ■ f 5148 1947 F&A 1st M 514s 1953 &J 1st 7714 24 1947 5s stamped M&S / 1941 41 7614 107 5s 1st 5s 1951 York Rye 1st M West Coast Telep 1st 4s '64.M&S Texas Gas Utilities Co— 1st 2-6s 1951 9834 10534 10334 1 44 99 110 M 103 .A&O / - 97 22 103 7414 7814 7714 Wisconsin Michigan Power Co— 1st mtge 334s 1961 ..J&J Wisconsin Power & Light— 1st mtge 4sser A 1966 J&D Wisconsin Public Service Corp— 1st mtge 3 348 1971 J&J Wolverine Pow adj 4 Hs Mar 1 *59 Worcester Transit Association— 40 B——J&D 1st & ref 6s ser O 1952. M&S Debs f 6s 1940 ...F&A . Hydro Elec 014s 1953 F&A / 96 107 104 F&A / . Haute Traction & Light— 1st con M g 5s 1944—..M&N Texas Electric Service Co— 1st 6s 1st & ref 5s 1950 1953. M&N 9914 Tennessee Eastern Elec Co— 1st M 5s 1943 F&A O101.44 Ref s f 6s series A 1955. M&N a 105 Terre 99.14 102 1095s 103 Virginia Electric & Power— Ist & ref M 314s B 1968—M&S 5s Terni 108 34 Yonkers Ry—See Third Ave Ry York Haven Water & Power— V rgima Public Service Co— 1st & ref 514s 1946 ser A—F&A Telephone Bond & Share Co— Telephone Service (Ohio)— 79 96 _ 10134 / / 102 14 16 A&O 107 118 1st M s f 6s 1953 J&J / Wichita Water 6s 1949—.—M&S a 102 1st M 5s 1956 ser B—^F&A a 101 1st M 5s 1960ser O. M&N a 105 Williams port Water Co— 1st M5s Aug 1952 ser A F&A a 102 Winnipeg Electric Co— Gen 4-5s series A 1965 J&J 45 Gen inc 4 5s ser B 1965— J&J / 44 12034 Vermont Ltg Corp 1st 5s'44 A&O / Vesten Elec Ry 7s 1947 J&D Conv deb 6s 1938 M&N / Stettin Pub Util 7s 1946 A&O / Steubenville Wellsburg & Weir ton 5s Fdg & R E M 414s g "50—M&N 25-year g 5s 1951 —J&D 30-year Ss Mar 1 1960 K&S Western Utilities Corp— 15-year s f 6s 1952 M&N Westmoreland Wat 5s *62--J&D Westphalia United El Pr (Germ) 102 Utlca G & El ref & ext 5s '57 J&J Co Bldg (Kanata Realty)— 5s 1950 —F&A Utica & Mohawk Valley Ry— 84 82 Standard Telephone Co— 1st 1 coll tr 514s *43 >er A.M&N / 102 1st 1st M 5a 1951 M&N 1st 5s series B 1950.....-J&J Deb s f 6s extd 1950 M&N Western Public Service Co— 1st & ref 514s 1960 F&A Western Union Telegraph— 101 2022 M&N 1st lien gen M 5s 1944—F&A 1st lien & gen M 414s 1944.F&A Ucica El L & P 1st 5s 1950...J&J 8614 8614 8614 Ry 1st 5s 1951... A&O \f 1514 Syracuse Gas g 5s 1946 ..J&J 112 Syracuse Lighting 5s g 1951. J&D 124 Syrac Rap Tr 1st g 5s 1940.M&S / 29 2nd mortgage 5s 1930. .—.J&J / 10 Syracuse Transit 4s 1969 / 42 Taiwan El Pow s f 534s 1971 .J&J 3814 Tampa (Fla) Gas 514s '56—A&O 10014 112 34 110 Bridge 3 H-6148, I960 J&J 80 West Virginia Water Service— 1st mtge 4s 1961 A&O 10634 Westchester Elec—See 3d Ave Ry W68tchester Lt 1st g 5s '50.-J&D 124 34 Gen mtge 334s gtd 1967 J&J 10834 Westchester Service Corp— 4s 1948-1953 .-..A&O / 4 Western Oont Utll 6s 1944—M&S / 214 Western N Y Utilities 5s '40. J&D 104 Western N Y Water Co— 1st M 514s 1950 M&N 104 Cum Income 6s 1952 J&D/ Cum income 6s (w s) 1952. J&l f Upper Mich Pow & Light— 8614 F&A Standard Power & Light Corp— Deb g 6s 1957 F&A 314s 1950 A&O 2d extended 514s 1956—M&N West Texas Utilities Oo— 1st mtge 314s ser A 1969.M&N West Virginia Ohio River 9734 11934 9634 1st mtge 4s ser A 1959—F&A Utah Lt & Tr 1st 5s 1944 A—A&O Utah Power & Light Co— 86 86 T&D _. 104 Sink fdM 6s 1953 86 86 F&A Certificates of deposit. 98 J&J / City & Sub Pub Serv 5s *34. J&J / United Securities Co Ltd— Coil s f 514s ser A 1952.-M&N Coll s f 5J4s ser B 1952—M&N United Traction (Albany)— Con g 414s 2004 J&D / Unit Trac (Pgh)—See Phlia Co Unterelbe Power & Light Co— Convertible notes— Debenture 6s 1951 Debenture 6s 1966 6s gold debs 1957 Light & Power Co— 634s 1974 M&N 27 73 g 102 106 34 1st ext 1st United Rys of St Louis— Gen g 4s July 1 1934 125 6s stmp ext May 1 '48--A&0 6s stmp ext May 1 '48--A&O Co West Ohio Gas 1st s f 5s 1958J&J West Penn Elec deb 5s 2030.A&O West Penn Power— 1st M 5s 1963 series E M&S 1st M 314s ser I 1966 J&J 1st M 3s ser K 1970 M&S West Penn Tr 1st 5s 1960—J&D West Philadelphia Pass Wisconsin Gas & Electric— 1st mtge 3 34s 1960 A&O Wisconsin Hydro-Electric Co— 81 J&J Eq 734s Feb 15 1938 Stamford Water 1st 5s 1952..J&J Standard Gas & Elec of Del.— J^rst End Trac—See Phlia Wise Elec Power 344s 1968-A&O Wise Fuel & Lt 1st 5s 1948..M&N Rys (Providence)— f 514s 1948 s Bid United Railways of Havana— 8914 8814 10814 106 8034 84 Uoited Public Utilities Corp— Conv coll tr 6s A 1960 J&J Conv colltr 5Wb B 1960—J&J Ualted Rys Cos 4% ctfs '49-J&J 10214 89 87 Spokane Gas & Fuel 5s 1944.F&A Spring Brook Water Supply— 1st ref 5s 1965 A&O Spring Val Utll ref 6s 1943..J&D 8pringfield City Water— 1 st 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 / 7834 Deb g 6s 1975 M&N United Lt&Rvi(Me)6s A'52 A&O Deb 6s 1973 -J&J Ua Lt Rys(Del) deb 5 44s.52 F&A Co— M&S — 73 ist 1 & consol 514s 1959--A&O Co— J&J 69 70 J&D 10534 U aited 10634 10634 M&S 10834 116 1st 10734 106 10034 10834 Gen ref M 5s Jan 1951 ser A— 101 Gen ref M 4s Jan 1951 ser B_. 92 United Electric Service (Italy)— Extl 1st s f 7s 1950 ser A..J&D / 22 United Gas & Fuel (Hamilton)— 76 106 104 * 115 Deb Southwestern Light & Pow Co— 1st mtge 334s ser A 1969..J&D Southwestern Power & Light— 75 30 10334 United Elec 101 11134 10634 J&D 1947 74 * 23 Unit Elec Co of N J 4s '49—J&D 60 1134 1st 6s 59 Union Traction—See Phila R T Union Water Service Co— First lien 514s *51 ser A.M&N .... 7434 7434 '334 60 8 8 1st M & coll s f 5s 1948—J&D Union Passenger Railway— ist 48 Mar 31 1961. A&O 2d ext 4s Mar 31 I960 A&O Union Ry—See Third Ave Ry Gas— 6s 1942..-A&O 72 56 1st serial 4s 1941-1942 ...J&D 1st serial 4 34s 1943-1 y45— J&D 1st 4 34s 1950. Union Gas System— 10114 10514 122 10834 10234 Union Elev RR—See N W Elev Union Gas Co of Canada— 65 10514 100" 105 . 105 1534 5934 Union Electric Co of Missouri— 1st mtge & coll tr 314s 1962 J&J 3% notes. 1942 T*J 1st M & coll tr 314s 1971-M&N 5514 10434 - 10734 s Tyrol Hydro-Electric Pow Co— 1st Ms f 714s 1955 M&N / Guar s f 78 1952 F&A / UJigawa Elec Power (Japan)— 1st M s f 7s 1945— M&815 105 Bonds Ry— 52 65 1st lien & ref 514s B J952.-J&J T win States Gas & Electric— 1st 1 & ref 534s 1945 Ser A.M&S Southern Colorado Power Co— 1st g 6s 1947 series A J&J Southern Counties Gas (Calif)— 1st mtge 38 1971 J&J 99 A...M&S15 Rapid-Transit Co— lien&rer534sA 1952—J&D 1st 10314 10614 ser 10634 f debs 1960 —A&O 10134 Traction Term'l Corp 5s *57— J&J 70 Trenton G & El g 5s 1949—M&9 120 Trenton St Ry ext 5s 1968 J&J / 40 Troy City Ry 1st cons 6s 42 A&O / 234 Twin City 314s 10814 10314 f 7s 1955 s Tokyo Elec Light Co (Japan)— 1st g 0s 1953 series.-J&D15 Toledo Edison 334s 1968 J&J 1st mtge 314s 1970 A&O 105 1st ref 6s 1960 M&N 74 78 South Carolina Power Co— 1st lien & ref 5« 1957 J&J 106 10514 South Jer G E & T—See Pub Serv ice Cor P. Southeastern Gas & Water Co— 1st lien 6s 1944 J&D / 20 18 1st lien 6s x-w 1941J&D 74 78 1st mtge. 334s, 1970 A&O Southern Canada Power— 4 H* 1962 A&O Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O Avenue Ry (New York)— 1st Somerset un & Mlddlessex Ltg— Southern Bell Telep & Teleg— 3 H* debentures 1902 A&O 3s debentures 1979 J&J Southern California Edison— 1st & ref mtge 3s 1965 M&S Southern California Gas Co— 100 Tide Water Power 1st 5s *79.F&A Toho Electric Power (Japan)— 100 0sl951_J&J 121 10734 10434 50J4 '14 J&J Adj inc g 5s Jan I960 opt--A&O / 1534 Third Ave RR 1st 5s gr37—J&J / 10034 Union Ry 1st 5s g 1942.-F&A 95 Westchester El 1st 5s g '43-J&J 7934 Yonkers Ry 1st 5s 1946.-A&0 69 102 Mtge g 4s Dec 1, 1943 J&D South Bay Consolidated Water— 119 1st ref g 4s 1960 opt aft 90 8634 lOO" 10734 10334 414s '56.J&J Third Shreveport Rys— 14 J&J Texas Pub Serv 1st 5s (w-s) 1961. Texas S'western Gas 85 Gen income 4s (w-s) 1957. A&O Silesia Elec Corp s f 6Hs'46 _F&A Sioux City Gas & Electric Co— 8234 10134 9834 M&S m Ask West End St Ry—See Boston El Corp 6s 1950—-M&8 General 0Ks 1950 Texas Power & Light— Deb g 0s 2022 ser A 10214 46 Bid • * * * * 3a - - - « 34 1 2 104" /This price includes accrued interest. A; Last sale. n Nominal, JUNE, 1941] Quotations for all securities Bid Stocks Class A 3k 11 4 2 108*f Atlanta Gas Light 0% pref... 100 Atlantic City Elec 0% pref.....• Baltimore Transit Co v t c.—-* Preferred v t c 100 Bangor Hydro Blec com......25 7% preferred. ........100 6% preferred ....100 Beauharnois Light............. 10)4 3 A I/O 78 120)4 123"" 28c 35c 2.50 2.75 19)4 19)4 142 — r Telephone (Canada).... 100 Canadian Price.............. r Beverly Gas A Blec..—......25 Biddeford Ac Saco Water 100 Birmingham Blec $7 pref $6 preferred. .. . .. ........ * Birmingham Gas common.....-2 $3.5 J priorpreferred .50 Birmingham Water Works— 6% preferred-.---100 Blacks tone V&i Gas 8c El pref. 100 Boston Edison Go com........25 Boston Elevated By com....100 Brazilian Tr Lt 8c Pow ord * Bridgeport Gas Light.—.... * Bridgeport Hydraulic Co 20 British Columbia Power Corp— Class A.... Class B * Brockton Gas Light Co v t c—25 Brooklyn Edison ...100 .... 9k 96)4 144)4 .... 4X 108)4 115 .... 26)4 27 44 44)4 4X 26)4 33)4 4k 25 32 • 14 k k 4k .... 4)4 180 150 OX 67 2k 70 2X .... 10 X 10 17 k 94 k 17 90 2 V4 109 106 160 .... . . IX Detroit Edison new Detroit Int'l Bridge com 26)4 26)4 Duke Power Co * —...—* ..... Cent Arkan Pub Serv Corp pf 100 Central "Elec and Tel com.——.1 6% preferred 50 Central Hudson Gas Ac Elec * 4 X% preferred 100 Cent Illinois Light 4X % pref. 100 Cent 111 Pub Serv 16 pref-—-* Cent Indiana Gas 0)4% pref. 100 Cent Indiana Power 7% pref. 100 106 108 102 1.20 48 iox 112)4 109)4 preferred————_l00 86 113 99)4 109 —————50 —100 z Central & S'west Utility....-50c. 6% preferred 44)4 87 * 29 108 Prior lieu preferred m 5' 106 110)4 115x 101)4 110)4 46 100 115)4 105 x 35* 111 1)4 . 100 o 8* 80 3)4 88 Clues Service com..— 10 $6 preferred .——100 60c preferred B .—.—*' 4 2)4 4x 53 55x —....* 48 si* Cities Serv Pr & Lt $0 pref—...* 91 93 95 2)4 Rights ... $6 preferred BB $7 preferred— Citizens Gas Fuel 4)4 —-——• 93 * com—... ix Citizens Traction—See Phila Co ...1 Citizens Utilities com IH IX Citizens Water Co of Wash (Pa)— 7% preferred.............100 City Water Go (Chattanooga)— 5% preferred .....—100 City Water (New Castle) oref.lOO Cleveland Elec Illuminating * 34.50 preferred * Cleveland 104 103 112 26)4 25k 100 Railway. pref——25 Oolum G & El Corp (Del) com..* 6 % preferred series A— 100 5% preferred —100 6 % conv preferred 100 j* 35)4 113)4 27 x 26)4 2)4 73 60 74)4 54 55)4 70, 113)4 112) 24) .... • No par value, price. % 110)4 x 11)4 -56 H 8)4 20 75c ) a 13 59 k 10)4 7I* ms 7 10* lk 2)4 7 6 90 93 lk 47* 80c 10* 1 95 19 21)4 2X 2 58 k 54 X 3k 70 ix 59 56 3k .... 7)4 k 57 60 108 185 48 82 91 k Empire 8c Bay State Tel (gu) 100 Empire District Elec 0% pf—100 Empire Gas 8c Fuel Co pf 8%.100 Preferred 7%.. 100 6)4 % preferred.. .....100 0% preferred —.100 Empire Power Corp— See Investing Companies, Engineers Pub Serv com.......1 $5 preferred.!....—— $5)4 Preferred......—— * S6 preferred....... * Erie Coach———..—...—* Essex Company.............50 European Elec class A........ 10 Pall River Elec Light.——25 K8 90)4 34 Jl" 28 .——25 25 0% preferred 48 7c 10c 100 — — Havana Elec 8c Util $5 pref.....* 0% preferred .————.* Haverhill Elec Oo ———25 •8* 30 36)4 9 25 .....1 — 14 14)4 Houston Natural Gas com.... Hudson 8c Manhattan ...100 2% 5% non-cum preferred 100 Huntington Water 7 % pref 100 Idaho Pow«r 7% pref--—-—100 6% 1st preferred HI Comm'l Telep 0% pref......*, 103 112 113 101 ...*j ix 5% conv preferred.......50 25 x Illinois Iowa Power common Illinois Power 8c $0 preferred 3)4 Light— 29 -...50 ..... Indiana Assoc Telep $5 pref Indiana 8c Michigan Electric— 7% preferred 105 * 110 ——100 Indiana General Service— 6% preferred 110 Internat ..... Power Securities 38)4 16 IIX 39 18 K 110)4 4 1 3x 34 81 2k 80 2 Units. International By v t c 100 Internat Teleg of Me (go)——100 22" International Telep 8c Teleg....* IX 2 Common..—...—....—.* 0% arrear certificates ...100 6)4% arrear certificates... 100 7% arrear certificates—.100 Italian SuperpowerSee Investing Companies. Jamaica Pub Service Ltd.—..* Preferred.......100 Jamaica Water Supply..——.* $5 cum pref ser A——* Jersey Cent Pow Ac Lt 7% pf-100 0% preferred...——.100 5*4% preferred 100 Kansas City Power & Light— 1st pref 36 series B ..._* Kansas City Pub Serv....... * 91)4 5)4 58 90x x 91)4 * —i00 19 11 x 37 k Telegraph (guar)... 100 Gandy Bridge common.. ...* Gardner Elec Light common. 100 2x 20 55 55 65 105 103 103 x 104 2)4 2 13 40 Kansas Power Co 0% pref. 13)4 r 129 r 100 .... 6% preferred 16" 15 Preferred.————* Kansas Electric Power Co— 5% preferred 2X 12)4 Kansas Gas 8c Elec 7% pref.. 100 .....* . 7% preferred * Light— 4)4% preferred .100 Kentucky Utilities 6% pref.. 100 7 % junior preferred ...50 Keystone Pud Serv $2.80 pref--* Keystone Telephone $4 pref.—50 26 106 29 108 103 k 99 104)4 100 91 k 93 k 118 8c IX 101 117 109 mm m 2 102)4 99 119 111 101 102 104 Kansas Power 8c 127 52 30 28 Kentucky Nat Gas..85 _ w* 40 51 125)4 48)4 Xl)f ——* .* Iowa Southern Utilities- 85" 53 18 10 FitchSurg ......* pref $7 36 preferred 92 195 84 .......... Companies. 92)4 65 113 13 52 Federal Power Ac Light com 50 Fed St Ac Pleasant Val—See Phila Co. Federal Water Service com A—* 35 k $6 preferred * $6)4 preferred * ®*7 npofonfoH jfc 38 Gas" & Elec Liffhtl 150 38 Florida Power Oorp 7 % 106)4 pref 100 See Investing Interstate Power 93 103 80)4 15 * Utilities- 15)4 76 25 2)4 .. 99 k 102 x 45 49 25 120 103 4H 100 Gary Elec & Gas common......* Gatlneau Power com.——.—..* Ex-rights 28)4 22 72 79 68 — e 109 6)4% preferred —.—.100 7% "preferred ....100 Iowa Elec Lt 8c Power Oo— • 6% preferred A—.........100 6)4 % preferred...........100 7% preferred O —.100 Iowa Power Ac Lt 7% pref...100 Iowa Pub Serv 36 pref * 6)4% preferred * 37 preferred..—.......—-* Common ...—....15 101 Preferred ....60 Slixabethtown Water Cons 100 Elizabeth Consol Gas .—.100 b Basis, 102)4 113 k Investors Telephone com.......* Iowa Electric Co— 29)4 5% preferred—...........100 5)4% preferred...........100 Hartford Gas com.. Preferred. : 69 22 88 Havana Elec By com———— Interstate Natural Gas •m 100 *»« 19 90 82 Harrisburg Eys common—..—60 Hartford Electric Light 25 88 6 110 Preferred 93 - 32X 30)4 101 ... 10 39 k 108)4 Foreign share ctfs...........* ... Preferred $50 par... Florida Power & Lt $7 pref 44* Gen Telep Tri Corp..........20 Gen Wat Gas 8c Elec com.. 1 $3 preferred .* Georgia Power $6 preferred....* $5 preferred ....—• Georgia Power 8c Lt 0% pref....* Gloucester Elec Lt Co 25 Gold 8c Stock Telep (guar) 100 Green Mt Pow Corp 30 pref...* Greenwich Gas $1.25 pref-....* Greenwich Water Sys 0% pf—100 Gulf Power $0 preferred........* Gulf States Util $6 pref * $5.50 preferred....* Hackensack Water........ 25 7% pref class A ..—25 Hamilton Bridge common......* Hamilton Gas common 1 Harrisburg Bridge 20 Harrlsburg Gas 7% preferred. 100 International ......... .. 19 49 x ..... "ix com...... .. conv Warrants "ix * Preferred $2.50 100 50)4 Indiana Hydro Elec 7% pref. 100 1.25 Indiana Service Co 0% pref—100 78 7% preferred 100 ..100 11)4 Indiana Telephone Corp Indianapolis Power & Light 2 * 19 5k% preferred-. .100 Indianapolis By Co v t c 100 internat Hydro-El Syst A 25 Conv pref $3.50 series 50 22" Inter-Mountain Telep —10 22)4 Internal Ocean Teleg 1 guar).. 100 * 2k International Power Oo 1st preferred 100 2)4 32 8% preferred—...........100 34.50 div preferred 11 83 - Arrears certificates 6% preferred—.——.100 Called for redemption; page see 110. * Ex-dividend. 11154 20 k 2)4 74 k Elec Power 8c Light Corp......* 37 preferred * 36 preferred..——.—...—* 2d pref series A.—.. * El Paso Nat Gas * ;. * com.....20 preferred ...50 common Holyoke Water Power 28 26 * * Electric Ferries common.......* El Paso Electric Co (Del)— Preferred series A 7% El Paso Electric (Texas)— 83 39 See Investing Companies. 5 % preferred Gen Telephone Corp Haverhill Gas Light 115)4 Franklin 24)4 lk 113 108 110 105 117 36 preferred 35 preferred Frankfort 115 114 "2 11 64 * ....... 51x 6 \ k —100 .—.—.25 *•4 ... — nrpfAPrflH Canadian 1 .9 1 100 50)4 Optional warrants. Commonwealth Tel (Pa) 7 %!pf 20 r 60c 73)4 59 Eastern Util Assoc com...—...* Convstock * Electric Bond 8c Share.... _5 Florida Telephone. Columbus 8c Southern Ohio Elec— 6% preferred A ... 100 0)4% preferred B 100 Commonwealth Edison Co—..25 Commonwealth Gas—.... .1 Commonwealth & Southern... * 90 l\H 73 6% 1st pref stamped ..100 6% pref B stock .....100 5% adjustment stock 100 Eastern Mich Transportation...* Eastern Minn Power 0% pref * East Shore Pub Serv 0)4% pf 100 Optional warrants 70 74 82 - Eastern Gas 8c Fuel Assoc's com * Preferred ($6). 32 100)4 87)4 East Coast Public Service v t c..l East Tenn Lt 8c Pow $0 pref. * 0% preferred.. Easten Telep 8c Teleg 25 117 105 H 99)4 20, ^all River Gas Works federal Light 8c Tr com.. 104 Coast Co Gas Ac El 5% (A 104 k Duquesne Light—See Phila Oo— Cuquesne Nat Gas common.—.* 34 preferred... -• 35 preferred -* 7% 101 "ix 23 114 ——.100 Ellz 8c Trenton BR com 60 5)4 )4 2)4 x x x Series 3——........-100 Series 4 ...100 Cincinnati Gas 8c Blec 5% pf 100 Cincinnati Street By......—.50 Oincin 8c Suburb Bell Telep—50 10)4 113)4 108 —100 Series 2 49 88)4 99)4 112)4 104 x -* Central States Edison * Central States Pow 8c L $7 pf—* Cent Vermont Pub Serv 0% pf.* Central West Co. v t c—.....-6 Chic City 8c Con com part ctfh—* Pref partic ctfs.——--* Chicago Bys partic ctfs ser 1—100 Preferred 1.30 85 Central Maine Pow SO pref—100 Central N Y Power Oorp— 5 % preferred ..—.—100 Cent Ohio Lt & Pow 0% pf * Central Pow 8c Light 7% pref 100 104 98 lk ....-.100 4)4% prior preferred... 100 By com....100 98 95 8k 50k 116)4 109)4 17)4 iYA 6% preferred 170 20 55)4 114)4 108)4 17)4 — 107 117 41 •AH 48* — %> 16)4 111)4 42* 39)4 Consumers Gas (Toronto)....100 Consumers Power 35 prof...—.* 34.60 preferred -—* lontinental Gas 8c Electric— 7% prior preferred—^ 100 Continental Telephone 6)4 % pref 7% preferred.—— — — Crescent Public Service com.... 1 Cuban Telep common. 100 6% preferred ———..100 Cumberland Gas com ▼ t c 1 Cumberland Co (Maine) Power 8c Light 6% preferred..—100 5H% preferred ....——100 Dallas Power & Light 7 % pref 100 6% preferred . — Danbury A Bethel G 8c E pf—.25 Dayton Pow & Lt 4 )4 % pref .100 Denver Tramway com..... * Preferred-------—.100 Derby Gas & Elec 37 pref———* Detroit 8c Canada Tunnel......* 85 6 44 Ions Trac 86 106 31 114 (Pittsb)—See Phila Co Consumers Gas (Beading) ....25 h 71 $5 prior preferred.........-.* $6 cum con v pref ser A ....* $0 conv pref ser B—.————* $7 preferred....... * $8 preferred * Gen Italian Edison Elec Corp— Amer shs for ordinary stock.. General Public Service Corp— General Pub Util 40"" 28)4 preferred—......100 52 75 Central Arizona Lt 8c Power Co— 7% 23"" 40 51 ——..100 5% preferred 18"" Bid Par Stocks Gen Gas & Elec (Del) com A..* ... 118 37 Eastern Mass St 6% preferred 6% preferred— $7 preferred.. 8k 19)4 * - 87 X 10c 7X% A ord-.£l 3c dep rec B ord----—£1 Amer dep rct*5)4%pref—£1 -Ms C all f-Oregon Power Oo— 82 6% preferred series of 1027-100 82 6% preferred—...——.100 Calif Water Serv 0% pref..—.25 25 k Calif Water A Telep 0% pref...25 25 Camden 8c Rockland Water 103 6% preferred ....100 Canada Nor Pow com 5)4 Canadian Marconi Co _1 —* 107 7 18 k —: 84)4 73 3k 6k —.100 104 n $3 pref...* O mnecticut Light 8c Power—.. 5)4% n 4)4% preferred 100 ConsolElec & Gas $6 pref———* Cons Gas EL & P (Bait) * 4X% pref series B....—-100 4% preferred series G .100 Cons Edison Co of N Y com * 15 preferred..... -——--* lonsol Gas Co (Pgh) pref.....50 Consolidated Gas Utilities com.l Ions Trac of N J—See P S Oorp Amer —— 106 —! „ 55 83 Amer dep rec preferred. Conn Gas & Coke Sec —— 52 78 Ordinary shares...—......... S0 - - _ 102 x Connecticut Power..—.......25 Connecticut By & Lighting—.100 $o preferred series A— Certificates of deposit.... Bklyn 8c Queens Transit com.. Bklyn Teleg 8c Mess'ger (gu).100 Brooklyn Union Gas.. * Buffalo Niagara 8c Bast PowerSi .00 prior preferred......25 $5 1st preferred.....—.--. Cable & Wireless Ltd— Carolina Tel 8c Tel Casco Bay Lt 8c Water- - 99 145 — Capital Transit (Wash, D O) 100 Carolina Pow 8c Light $7 pref —* Common. Ask 100)4 pf-* 6% preferred —— * 7% preferred —t n Community Pow & Lt——ly Jommunity Pub Ser com... —25 Community Water Serv com—1 7% preferred——.——.— -* 'Oncord Elec Co 6% pref 100 Common...— 144 111 Bid 5)4% preferred ...---100 Commonwealth Water 8c Light— 26 k 10 * Bklyn Manhat Transit Par Stocks Ask 9)4 4 1st preferred...........100 J7 preferred................* Bell are as 3 25 k • Telep Co Ltd 71.25 pf—* Telep Ac Teleg $0 pref * Assoc interest" except where marked "f" and income and defaulted bonds near as possible for the closing day of the month preceding the date of issue Commonwealth Utility 6)4 % Commonwealth Water Co— Associated General UtilitiesSee Investing Companies Associated Public Utility Assoc 77 UTILITY BONDS PUBLIC NOTICE—AH bond prices are "and ' 107 5 On. 3 48 r 53k 75 89 / This price includes accrued Interest. £ Last sale, n Nominal, PUBLIC 78 UTILITY Quotations for all securities are as near as possible for lbs closing Par Bid Key West Elec 7% pref 100 Kings County Lighting Co— 7% preferred series B 100 5% preferred series D__ 100 Laclede Gas Light— —100 5% preferred 100 Lake Superior Dist Power— 5% preferred 100 Lawrence Gas & Elec Co..... 28 Lexington Telep 6% pref 100 Common........—.—— * Lexington Wat Serv 7% nref.100 Light 8c Pow Securities Co J • Preferred -—-100 Lone Star Gas Corp Long Island Lighting com ♦ 7% preferred A... 100 6% preferred B... 100 Longriew Bridge class A. 5 Louisiana Power & Light $6 pf_* Louisv Gas & Elec com cl A * 6% preferred 100 6% preferred. ........100 7% preferred 100 5% preferred —25 Lowell Electric Light. 25 Luzerne Go Gas & El $6 pref...* $7 preferred ..* Lynn Gas & Elec Co— 25 Mackay Companies4% pref.. 100 Maiden Electric Co 25 Maiden & Melrose Gas Lt Manchester Gas 25 100 100 Preferred 6% prior preferred 100 Mass Power & Light Associat'n— Common with warrants.. * $2 Preferred * Memphis Natural Gas——...5 Metropolitan Edison Co— $5 preferred * $6 preferred * $6 prior preferred * $7 prior preferred* .17 preferred * Mexican Northern Ry com...100 Preferred... ............100 Mexican Utilities preferred... 100 .... Mich Consol Gaej 6% pref 100 Michigan Public Service— 6% preferred... .100 * Water Middle West Corp com Midland United com.. Convertible pref A 75 52 58 2f* 97 22 20 70c 1063* 20 108 * 50 Narragansett El 43* % pref Nassau 8c Suffolk 7% pref National City Lines com.. 100 1 10 50 Class A....... $3 convpreferred National Gas 8c Elec com.... National Power 8c Light com 10 * * Nebraska Power 7% 1st pref 100 6% preferred ..100 $6 preferred . Nevada-Calif Electric com..._ 10 Preferred 100 New Bedford Gas 8c Edison Lt.25 . 106" 18 4 2 1083* 1083* New Jersey Pow & Lt $0 pref—* New Jersey Water pref......100 New Mexico Gas com 5 6% preferred. ~6" 5 104 963* com 43* 3*6 53* 93* 10 3* % 83 75 79 90 60 115 983* 43* 8 96 1073* 10 10 106 98 43* 3* 53* 10 103* 3* Vs 90 76 813* 923* 633* 120 993* i 1303* 523* 193* 12 293* 103* 88 973* 1083* 30 18 13^ 443* 1323* 533* 213* W* 27 383* 33* 53* 973* 393* 33* 6 983* 110 113 107 110 43* IS" 4?* 153* 43* 37* 137 62 73* 63* 593* 1093* 683* 1103* 1033* 140 633* 83* 73* 613* 1103* 703* 112 "5" 25 463* 213* 27 1093* 27 33" 11 14 N Y City Omnibus common Option warrants. N YPow & Lt Corp $6 pref 153* 23* 963* 7% preferred 5% 105 * 100 16" 6 99 120 115 preferred— preferred (6%) 25 1st preferred (53*%)—-—25 Pacific Lighting Corp com • $5 preferred * Pacific Pow 8c Lt 7% pref 100 6% preferred—.——.—_.— * 1st * Valley Pow & Lt com ..* Peninsular Telephone Co com * 18 40 1133* 1083* 99 1023* 104 115 49 60 229 1083* 18 483* 1123* 1173* 1043* Vk% 493* 1143* 50c 13* 2 Jk* 79 80 91 95 53* Common wi 5 % preferred wi 100 Public Serv Co of N H $6 pref—* $5 preferred * lb! ~ Public Service Corp of N J Pub Serv of Okla 5% pref. Public Serv E! 8c G $5 pref.. a Called for redemption, 100 * Puget Sound Pr A Lt $o pref • $5 prior preferred ._....* Quebec Power common ....* Queens Borough G 8c E 6% pf 100 Rapid Transit Ry—See P 8 Corn Republic Natural Gas... 2 Rhine-Westphalia Electric Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref 2734 98" 17" 23 303* 283* 333* 1013* 783* 733* 33* 143* 1153* 1513* 19 233* 313* 283* 333* 1023* 4 16 116 152 323* 313* 40 39 66 67 15 . 36" 6 4 3* 106 6% preferred series C J00 6% preferred series D— 100 5% preferred series E 100 Rochester Telep $634 pref lOu Rochester Transit common.....* Rockland light 8c Power.....10 St Joseph Ry Lt & Pr 5% pf..l00 St Joseph Water 6% pref.... 100 St Louis County Water pref..100 St Louis Public Serv class A....1 6% preferred .100 Diego Gas 8c Elec Co com.. 10 5% preferred 20 Savannah Elec 8c Power Co— 6% preferred 100 634% preferred... 100 7% preferred..n„. 100 San 734% preferred.. 8% preferred 100 100 Scranton Transit common Seattle Gas common 1st $5 preferred Second Ave RR Cop (N • 1 —... * 100 Y) • Shasta Water Co 1103* 3* 1103* 1113* 101 108 103 105 1073* 57 59 513* 53 $5.50 preferred Union Water.. —.100 * 31 373* It* 383* 13* 109 105 ioi It* 3* 1 63* 823* $8 2* 2 1153* 1163* 3* 60* 22" 18 32 113 K "I" 33* 33* 28 32 1033* 80 84 13* 23* 60 * 84 80 76 - -— see page 110. * Last sale, n 103 953* 113 3* 91 106 1043* 13* 113 14 25 97 105 108 110 122 79 3* Nominal. 78 15c „3* ?3* 4 83* 115 183* 11?* 100 102 70 2 92 Son to Pittsburgh Water— 434% preferred 100 Telephone com...* 6% preferred-... 25 Southern & Atlantic Teleg (gu).25 South Calif Edison common—25 534 % preferred series O. 25 6% preferred series B— 25 Original preferred 25 — 108 13 23 173* 23 283* 29 3* 403* Southern ( a'if Gas Co— 6% preferred series A 25 303* 2.' 30 25 6^ rum preferred Southern Calif Water pref... Southern Canada Power..— Southern Col Pow com A 253* .* 25 100 .100 preferred Southern Nat Gas com. 7 Southern New Eng Telep—-100 Southern Union Gas com—.. * A preferred..—. .......25 . 98 10?* 145 23* 233* 1 31 a/, 100 Southwestern Light 8c Power— $6 preferred * S'western States Telep com 1 Springfield Springfield Springfield Springfield City Water 6% pf 100 Gas 8c Elec pref -* Gas Lt Co 25 (Mass) Ry "os— Preferred 100 Standard Gas & Elec com * $7 prior preferred. * $4 preferred * $6 prior preferred * Standard Pow 8c Lt com. 1 96 33* 98 107 123* ——.— 23 1143* 303* stock 100 Telegraph System com—1 Non-cum preferred...: * 103 South Bay Consol Wat 6% pf-100 Sou Carolina EI 8c Gas 7 % pf.. 100 South Carolina Power 6% pref-.* 7% preferred Portland Gas Light— Postal 7 31 114 4 .8% cum pref—100 7% prior preferred-— -100 Portland Gas & Coke 7% pref 100 $6 preferred Portland RR 5% 6 133* Southern Indiana Gas 8c Elec— 114 " Plainfield 463* 973* 5 Southwest Gas (Okla) 7% preflOO Southwest Nat Gas $6 pref 10 Common 10c Southwestern G 8c E 5% pref 100 Philippine Long Dist Tel 100 Pittsburgh Suburban Water— 112 101 93 $6 preferred Allegheny Traction 60 Citizens Traction .60 Consolidated Trac pref60 Duquesne Light 5% 1stpref 100 Federal St 8c Pleasant Val—25 Monongahela Lt & Pow—.50 ..50 Monongahela St Ry Philadelphia Elec Co com.— *5 preferred— — Phila Elec* Power 8% pref 26 Phila Suburban Wat 6% pf—100 Phila Transportation Co com.. Participating preferred. 20 1013* * Southwest Consolidated Corp. 50 82 210 Sbawlnlgan Water 8c Power—.* Shenango Valley Water pref.. 100 Sierra Pac Elec 6% pref..... 100 13* ... 22 1393* 1193* 1083* 115 Brook Water Service 6% pref 203* • x 93* 893* 1043* 973* San Antonio Public Bervice— B— ........._1 preferred6% preferred x 30 55 $3 preferred —.26 Peoples Water 8c Gas $6pref._100 Peoria Water Works 7% pref.lOO Philadelphia Co com---..* $5 55 Rio Grande Valley Gas v t c——1 Riverside Traction.. 50 Preferred 50 Rochester Gas 8c Electric— outheastern 109 Common class 823* 1143* 107 3* 1123* 74 7% preferred 373* 303* 303* $6 preferred $5 preferred: • Pennsylvania State Water, pref.* Pennsylvania Telephone Co— $2.50 preferred . * Pennsylvania Water 8c Power • $5 preferred — * Peoples Gas 8c Fuel Corp — 1 x Sierra Pacific Pow common.. .15 Preferred 100 Sioux City Gas 8c Electric..—.25 Z8* 76 2 ....... 13* Scranton-Spring r 34 55 r 5o 3* 73* Class B * Transit St Ry.50 Superior Water Light 8c Power— 7% preferred 100 Swiss Amer Elec 5% pref.500 Fes Syracuse Transit * Tacoma Ry & Pow Co .» Tacony-Palmyra Bridge— 5% conv preferred ..100 Tampa Elec Co * 7% preferred .; —100 Tampa Gas, 7% pref 100 Terre Haute Elec 6% pref Texas Electric Ry r Canadian price, > We 1 * Preferred Suburban Rapid Texas Elec Service $6 •Without par value, 100 100 ..——.100 Scranton Electric $6 pref 6 75c N Y Railways pref 1073* 1143* 1093* 1003* 1033* 1063* 1153* .53" 49 1153* 1023* r Providence Gas Co .....* Public Elec Light 6% pref l00 Public Serv of Colo 7% pref—100 6% preferred -.100 Public Serv of Ind $7 prior pref..* $6 preferred * Class A 23a 33 107 Pennsylvania Power $5 pref * Pennsylvania Pow 8c Lt $7 pref.* People's GL &O (Chic)—..IOC Peoples Light.Ac Power Co A.... 1 75 8 89 '"cos $1 40 preferred class A—..25 Pennsylvania Edison Co— $2.80 preferred—.. —* $5 preferred.......—.———* Pennsylvania Gas common.... * Penn Gas & Elec Co 7% pref—100 Penna Gas 8c Elec Corp $7 pref.. • Class A ———..* 112 40 35 Common 63* 733* 653* 38 16 Portland Elec Pow 6% 19 100 Light & Pow- — 41 513* 15 50 Corp com $3 preferred $5.50 conv.prior pref —* Omaha 8c Council Bluffs Ry— 8c Bridge Co 4% pref 100 Omaha 8c Council Bluffs St Ry Co 5% preferred —.100 Omnibus Corp common........6 8% conv preferred A—....100 Jregon Wash Water pref.. — * Ottawa Light Heat 8c Power * Preferred 100 Pacific & Atlantic Tel (gu)—— 25 Pacific Gas 8c Electric--..—--25 12 New Rochelle Water 7% pref 100 N Y Mutual Telegraph (guar) _ .25 N Y 8c Queens El Common )kl& Nat Gas 101 87 92 ....100 6% preferred -• Teleg 100 6% preferred. 100 Panhandle Eastern Pipe Line 1093* .* 73* • 1st preferred. Pacific Telep 8c 26 19 * 73 preflOO Pacific Public Service. Co. 15 45 20 6% preferred.............100 Newport Water $6 preferred * 103 1083* —.......... 6% first preferred 6% 2d preferred- 7% preferred 6% preferred-$5 preferred * Consolidated Trac of N J.. 100 Rapid Transit St Ry Co... 100 1153* l\K Telegraph (guar) 50 Mdahoma Gas 8c Elec 7% 103 * $7 preferred—., Newport Electric Corp com Northwestern * 100 50 62 993* 39* 7% preferred .......100 6% preferred 100 (Minn) $5 series cum pref..—* Northwest Electric 7 % pref—100 North West Util 7% pref.—.100 7% prior lien 100 N'western Pub Serv 6% pref .10" 7% preferred... 100 25 8% preferred 1003* 53*% preferred———.100 25 113 100 . 143* 112 Northern Liberties Gas. Ohio Water Service A com 111" 102 50 46 50 New Orleans Pub. Serv "4" Northern Indiana Public Serv— Units 108 37 • 523* 13 61 $4 preferred.... 109 6% preferred.............100 $2 preferred * New England Pow Co $0 pref.lOO New England Pub Ser com.....* $7 prior preferred... .....* ft7 preferred................* ♦ 493* Northeastern Wat & Elec com. 109 115 1133* ... 3* 40 North Shore Gas 7 % pref 100 \orth Texas Co (Del)......10 25c 16J* 43* 100 4 $6 prior pref 3«4 100 Preferred 112" 153* 43* 14 |0 preferred 82 3* — * New England Tel 8c Tel 100 New Haven Water..—......50 803* 1093* 8 73* New Eng Gas & Elec Assn— $534 preferred 133* 543* 533* * Ogden Corp common -—4 Ohio Cities Water preferred * Ohio Edison $6 pref * $7 preferred * Ohio Power 4 3*% preferred—100 Ohio Public Service 5% pref.lOt' 53*% 1st preferred.... ..100 6% preferred ......100 7% preferred 100 Ohio Service Holding com 1 5% preferred 5 100" 98 New Eng Pow Assn com.......* 100* 96 .... NY PA NJ Utilities $3 pref. 94 53* 123* 423* 50 *•4 123* 523* 533* 49 80" 15 com Power Corp of Canada com. ll»8 6% preferred...—........100 7% preferred ...——.100 14 8 26 5% preferred-- 80c 75 Telegraph—.......40 Mountain States Tel 8c Tel.. 100 It* 82 Montreal Tramways com..... 100 Mountain States Power 53*% preferred Pottsville Water Co 10 1093* 203* 1093a 79 2 Mountain Fuel 10 JX 59 Nor States Power (Del) d A—.25 1053* 87 Supply 3* 105 5% preferred 100 6% preferred.............100 Montana Power 6% pref * Montreal 663* 55 50 50 North American Light 8c Power.. 1 $6 preferred ♦ Morth Amer UtilitySecurities * Morth Boston Ltg Prop com....* 273* 46" 283* * 28 50 6% preferred 53* % preferred— 115 Monon-West Penn P S 7% pref 16 Montana Dakota Utilities com. 10 Montreal LB & Pow Cons 1053* Bid Par 66 Class A option warrants....... Glas» B option warrants .... 1153* Missouri Pub Service com.....* Monongahela Light & Power—See Phila. Monongahela St. Ry—See Phila. Co. Monongahela Valley Water— 100 104?* 273* 23* North American Co 105 40 83* H ...* 7% preferred Potomac Edison Co 6% pref 100 7% preferred... 100 Potomac Elec Pow 6% pref... 100 Norristown Water Co... 39 37 103 5 80 * Midland Util 7% prior lien.. 100 prior lien 100 7% preferred class A.... .100 6% preferred class A .100 Minnesota Pow 8c Lt 7% pref 100 $6 cum preferred..— ..* Mississippi Power $6 pref * $7 preferred ♦ Miss Power & Light 6% pref-. .* Mississippi Riv Pow 6% pref.lOO Missouri Pow & Lt $6 pref * Stocks 73 98K 103 5 6% Ask 70 V Y 8c Richmond Gas 100 7% preferredMiddlesex Bid Stocks Ask 68 Marcon Int Marine Commun'y— Amer dep rets for ord shs.... £1 Marion (Ohio) Water 7% pref.lOO Marion Reserve Pow $5 pref....* Market St Ry(San Francisco) Par 6% preflOO N Y State El & Gas 53* % pfd-100 N Y Water Serv 6% pref..—100 Niagara Huds >n Power......-10 1st pref $5 series..........100 2d pref 5% series..........100 70 8tocks STOCKS day of the month preceding the date of issue 100 100 pref t New stock, * x 27 19 99 64 2U 5 105 20?* 114 77 101 43* 98 Ex-dividend. for the closing day of the month preceding the date of issue Quotation! for all securities are at near aa possible Par Stocks Texas Gas Distributing Oo 1 I Texas Hydro com Electric$3.50 pref.* Texas Power Oorp common * ---* 7% preferred Texas Power 8c Lt 7% pref—100 —* 100 6% preferred Third Avenue Ry (N Y) Tide Water Power 6 % pref Toledo-Edison pref A 7% * 100 6% preferred100 5% preferred 100 Twin States Gas & El 7 % pref-100 Twin City Rap Transit (Minn) _ _ * 7% preferred -100 25c 3% "334 2% 70 105 107" 97 % 99 2% 234 37 34 112 110 % 108 10634 98 9934 - 110 107 134 134 18 16 Union Electric Oo of Missouri— * $5 preferred $4.50 preferred Union Gas (Canada) Union Gas System * "734 com...—-.10 1034 1334 50 Preferred Union St Ry (New 11234 10534 7 34 1134 112 34 Bedford).-100 * * United Corporation $3 preferred 14 534 34 5 '%> 2154 100 80 5% pf-100 1 * 75 7% preferred United Gas Corp com $7 non-voting 1st pref Warrants * * United Gas Improvement $5 preferred United 111 Co of New Haven * Without par value, x Ex-dividend stock. ♦ a % 11334 34 634 1,s^. 107 634 107 34 100J4 Class B common * Common Capital 875 ,000, 2,000 ,000' 1,500.000 150.000 900,000 10 (Hartf) 10 1,500.000 3,000,000 -—- Del). 10 637,530 Continental Assurance 10 1,000,000 Eagle Fire (Newark). 234 10 Employers Re-lns (KO) 5 City) 5 10 20 Fidelity 8c Dep (Bait) Fidelity-Phenix (NY) 234 Fire Assoc of Phila 10 2,000,000 5,000.000 815,000 1,500,000 250,000 755,095 4,000,000 2,400,000 3,750,000 2,000.000 300,000 (Wash'ton) Fund (S F). 20 Fir em ens Ins (Newark) 5 7,500,000 9,397,690 Franklin Fire (Phila). General Reinsurance. 5 3.000,000 Fireman's Fire mans 25 5 Georgia Home Gibraltar Fire 8c Mar Glens Falls Insurance (Glens Falls. NY). Globe 8c Republic Globe 8c Rutgers Fire. 2d preferred Gr Amer Indemnity (New York) Great Amer Ins (N Y) 10 Halifax 10 (Halifax. NS). Hanover Fire (N Y). Hartford Fire (Hartf) Home (New York) Home F & M (8 F) Home Fire Security.. Homestead Fire (Bait) * Common capital $5 junior pref. stock. 65 William sport 68 Winnipeg Elec class A Class B Preferred 12% 8% 9% 10 115% 5 15 15 18 19% 3 ---* * 1 10 Reserve 15% 102 2 100 96 97 101 Wolverine Power Co 10 8% 95 96% 101 103 36 33 100 101% 112% 111% 116% 118 York (Pa) Railways York Water Co ..5 .;.* 100% 1% 101% pref 2 6 9 50 18 22 10 Worcester Trans Assoc— 28% 29% Canadian price. I New 102 99 97% kLast sale, /Flat price, 1,000.000 500,000 1.000,000 n Nominal, Per $ Par Ask Bid share id 2.000,000 2d Jersey Ins <'n of N Y. Kansas On y Life (Ksn 100 sas City, Mo). 1,000,000 Jefferson Stand Life. 113 % 117% 49 % 51% 26% 28% 73 Knickerbocker Y) 5 24% 22% 9% Lincoln Fire (N Y)..., 5 20% 9 18% 10% 125 4% 20 10% "6% 12 43 10% 30 46% 48% 32% 34% 7% 25 6% 22 93% 97% 590 320 15% 16% (New York) Merchants New com __ National Cas (Detroit) National Fire (Hartf). Nat'l Liberty In Y)._ Nat'l Union (Wash).. Nat Union Fire (Pitts) New Amsterdam Cas 4 lu 10 43% 13% 4% Northern In* Co(NY) 12% 30 Phila Nat InsfPhila). Phoenix Ins (Hartf)-- 10 7,638,505 2,825,093 3,034,914 25 (Milwaukee) 10 29% (Milw). 10 36 Pacific Fire (N Y)._. 25 Preferred 1,000,000 5,947,828 8,150,000 25,193,122 2,000,000 1,433,772 4,859,630 4,000,000 4,120.368 13,674,295 1,338,158 5.836,876 35,529,206 8,028,701 5 15,000,000 42,314,380 10 1,000,000 3,417,862 10 4,932,000 483,647 10 627,084 1.000,000 8,738,618 55,020,615 2,773,227 10 12,000,000 63,991,034 3,000,000 10 5 10 120 28 10% 116 37 13% 10 12 81 1,000,000 (New York) Washing¬ 3,062,465 2.580.394 13% 3,000,000 1,530,000 1,000,000 6,185,535 4,879,584 31 4,345,242 1,895,338 687,769 1,124.009 17% 1,000,000 2,000,000 1,000,000 1.000,000 3,650,000 £114079390 2,625,832 3,306,068 1,253,450 1,465,176 1,663,293 1,990,188 160 Providence (Providence).. 10 ReinsuranceOorp(NY) 2 Reliance Ins (Phila).., 10 ton 29% 38 40% burgh). 100 100 Republic (Dallas) 10 Revere (Paul) Fire 10 Rhode Island (Prov). 2% 22% 25 Rochester 22 24 41% 9% 43% 11% 8% 102% 10 62 10 12 24% 9% 83% 25% 10% 25% 86% 49 51 24 6,475.667 5,764,155 2.476,296 1,011.725 737,816 £19,308,027 1,000,000 2,688,419 4,074,929 1,000,000 3,181,234 1,500,000 3,000,000 1,140,550 £37,893,104 1,000.000 313,776 550,620 650,000 666.351 1,286,747 1,000,000 9,319,471 6,000,000 39,899.624 2,000,000 1,000,000 Accident 28% 59% 15 94 6 Reliauce Life (Pitts¬ 32 6% 22 N orth wester nN ational 10% 6,356,679 1.425,296 1,200,000 14,529,753 t887,865 7 14 5,040,988 2,441,438 3,086,076 6.444,500 2.805.393 5,256.317 10 8% 142 8.448.105 3,000,000 1,968,969 1.000,000 801.729 1.500,000 2,000,000 13.167,984 1.044.332 600.000 5,102.768 1,000,000 5 Pacific Indemnity30%. Pan-Amer Life (N O). 38% Peerless Casualty 99 6% 58 10 Fire Old Line Life 121% 37% 62% 23% 16.013,589 H) York 34 59 48 1,674,129 1,238,694 16% 23% 37 4.226.511 9% 31% 28 117 8.805,988 912.504 1,000,000 1.000.000 750.000 5,000.000 22.499.638 8.293.975 4.000,000 1,759,176 21% 45% 60% 6,213,598 1,590,497 £23,622.989 3,049,847 £29,022.890 43% 2% 5,113,794 1,881,742 12 3,288,367 6,222,395 16,013.699 10,907.981 268.073 13,450,437 14,741,677 8,103,536 2,147,806 1,178,103 1,535,101 11,725,347 4.608,455 6.000.00Q 155 1% 5.293.230 2.000.000 1.000,000 12 8 39 1,000,000 145 43 37 400 Fire 792,995 19,711,847 670,678 £19,404,639 9,448,388 £237435312 6% 8% 2,083,481 10 Brunswick 22% 324.025 451,452 2,383 209 8% (New Bmns, N J). New Hampshire Fire (Baltimore) New New 3,599,978 2 1,000,000 2,544,798 5,616,054 98,893 8,489,931 5 N'eastern (Hartford). North River Ins (N Y) 2% 5 North Star Reinsur.. 2,500.000 262,529 901,638 13,047,778 10,501,584 50,369,188 9,919,460 410,714 16,953,980 7,253,287 8,057,264 6,000,000 951,919 1,047,971 1 246.470 29 37% % 40% 360 5.206.309 21 783,226 39 38% 126,817 200.000 19 10,472,860 20.948.729 37 36 93,084 1,100.000 2 27% 264,968 Ask share 6.390.308 £107309870 1.202.661 2,127,218 10 860,263 2.439,972 7,919,670 63,97o,923 Per 1,000,000 1,000.000 210,000 20 5,738,924 9 Bid of A Mtrs York 1,030.912 1,148,507 a27,299 20% 8 Restrvr $ 3.330,000 £79.288,190 1,014.973 2,123.747 Merchants Fire Assur 610 300 Uneurntd Premi'i Oas'ty 10 (Phila) 1 Maryland Casualty.. Mass Bonding & Ins 12% (Boston) 12% 29 (N Manufacturers 13% 41 31, 1940 *2,500,000 .. 70 22 . Capital $~~ 4.165,052 2,500,000 1,000,000 r Surplus Dec Premium 1,220,000 £48,113,2551 10 12.000,000 58,035,300 10 ...100 115% Wisconsin Public Service— 5% preferred 1% 6 113 20 7% preferred-. 650 14% 80c 4 100 434% pf 100 Wise Hydro-Elec 6% pref 100 WisciMicblgan Pow 4%% pf_100 113 101 85c 75c 100 Common. 5 550 75c r r Wisconsin Pow 8c Lt 0% pref. 100 104 102 23% 114% r Wise Gas & Elec 91 88 * 100 4 34% preferred 95 23 2% 10 1,000,000 2,063,896 M (St P). 62% 10,000,000 23,963,261 855,568 26 10,010,917 239 698,969 1.000,000 4,000,000 888,819 965,714 4,304,107 6% 34% 13.153,807 5,000,000 14,500,857 7,170.870 1,759,380 6,447,920 132.765 1,202,270 500,000 2,000,000 18,118.208 £73,504,718 6.279,320 14,268,285 2.000,000 1,000,000 2,500,000 2,528,819 120% 44% 4% (Rochester) Seaboard F & M (NY) SuretyjNY) Security Ins (N Hav). Springf ield Fire 8c Mar 10 Seaboard 10 10 Mass) 25 10 5 (Cas) 100 Travelers Fire (Hartf) 100 U S Casualty conv pref 2 U 8 Fidelity 8c guar¬ anty Baltimore)— 2 U S Fire (New York). 4 Standard Accident Stuyvesant (N Y) Sun Life Ass'nce 29% 31 40 41% 2% 18% U 1,427",776 1% 16% 22,644,803 71% 72 Wisconsin Nat Lire S G israntee Oo Univer Ins 26% American (Springfield. 5 ....... 20 103 Wisconsin Electric Power— 116% 93 St Paul F 8c 5 Water pref ...... ' 18 the closing day of the month preceding the date of issue. (N J) West Coast Life 10 8 (S F) 5 Westchester Fire (NY) Insur Co of Nor Amer (Philadelphia) 113 104 0% pre! (1897 series) Ex-rights. Hartford Steam Boiler (Hartford) .100 • ....* * Wheeling Elec 6% pref — (Hammond, Ind).. (N Y) 99 Unearned 1940 e Casualty Federal Ins (Jer * Occidental Ins (S F)__ Continental Ins (N Y) 234 Excess Ins Westmoreland Water pref pref 66% 100 100 Continental Amer Life Excelsior 22% (Manchester, N 500,000 Commonwealth Life.. Continental Western Pub Serv $1.50 pref....* Western Union Telegraph.. 100 63 100 1 7% preferred 6% preferred 21H0 (Wilmington, Western N Y Wate»- 21% 22% ....... West Ohio Gas com 20 15 50c West Penn Elec Oo class A—- _ Conn Gen Life 22% 40c 4.90 $3 preferred — Virginia Pub Serv 7% pref—100 6% preferred-— —.---100 Washington (D O) Gas Light— Casualty 8c 8ur 19.141.004 3.000. 000 21,632.308 10 (Hartford) 10 7.500. 000 18.089.892 19,768.389 (Bartf)-3.619.330 10 15.000. 000 25,181,321 Aetna Life (Hartford) 4,674,814 £628235680 3,000 000 25 Agricultural (Watet n) 1,594.671 1.200 000 2,243,866 10 AUemannia Fire (Pgh) 1.*>92.918 3.000 000 3,404 058 10 Amer Alliance (NY). 563 730 563,730 1.735.536 5 A in or Cas (Read'g.Pa) 4.882.876 2,870.468 5 1.000 000 A war Equitable (N Y) 203,125 900 000 1,176,498 5 Amer Fid 8c Casualty. 83,462 402,785 200 000 Amer Fire (Wash'ton) 100 1.275.907 794,542 Ame HomeFire(NY) 10 1.000 ,000 13,533.208 3.343 740 10.878.968 Amer Insur (Newark) 234 1.635,304 2.000 ,000 4,926,437 10 Amei Reinsur (N Y)_ 804,535 2,507.514 10 1,000 ,000 Amer Reserve (N Y) 350 ,000 400,000 1,044,111 10 Amer States (lud'nap) 6.358.547 25 7,500 .000 5,901,923 Amer Surety (N Y)__ 10,512.905 5.000 .000 9,258,307 10 Automobile Ins Hartf) 2 087.418 1,500 ,000 2,165,060 Baltimor* Amer (Bit) 250 ,000 700,619 15,759.226 Bankers Natl Life 1,000 .000 1.781,420 3,875.638 25 Bankers & Shipp (NY) 4,829.763 3,000 ,000 14,416,409 100 Boston (Boston) 2,513,189 1,000 000, 2,360.074 Buffalo Ins Co (Buff) 100 10 27 22% Virginia Electric 8c Power— Aetna 5 City Title Insurance. Colonial Life (Jersey 100 City) 80c 26 20% 21% Utility Co common-...10 Utah Power & Light $0 pref • $7 preferred Utilities Power & Light- Aetna Insur 10 70c 25 Western Massachusetts Cos....* 20c United Old 7% cum preferred Utilities Stock 8c Bond Corp 97 103 Preferred 2% 22 113% 99% 106% 112% .100 434% preferred West Texas Utilities $0 pref.....* West Va Water Serv 0% pref * Western Lt & Tel com •. 1 30c a: x Called for redemption, see page 110. $ N.C.) City of New York (NY) 96 1% 1 $2.75 preferred $3 preferred Surplus 31, CamdenFire(Camden) Carolina (Wilmington 89 73I 23% Ask 21 * West Penn Power Oo com 103 Dec Calif-West States Life 87 94 * Quotations are as near as possible for Par 85 % % 23% 86% $6 cum 1st pref.-------—--* United Light & Ry 6% pref—100 6.36% preferred 100 7% preferred— 100 United Public Service Corp——1 United Pub Util com A ..♦ Bid Stocks Ask % 434% conv preterred 100 346 Wash Gas & Elec 7% pref—-100 Wash (D C) Ry 8c El com 100 8134 5% preferred — —100 Participating units 77 34 Washington Wat Pow 0% pref--* United Gas 8c Electric (Conn)— United Gas 8c El (N J) Bid A-—.-----* United Lt & Pr com Common B 22 *8! Warrants Par Stocks Ask 1 Texas Gas Util Bid 79 utility stocks public june, 1941] 2% 10 1,000,000 1,000,000 2,000,000 2,000,000 15,287,758 15,611,804 10 723 798 2,000,000 19,569,494 2 000.000 6,704,506 3,610,600 400,000 1,332,975 1,373,453 329,759 £25,343,942 375,000 5,971.931 1.000,000 9,406,163 579,345 £8,228.011 400,000 33 205 389 8 20% 45% 71% 25 6% 31% 16 $1,500,000 ($5 par), preferred capital $1,000,000 ($100 par), t Consists of $312,000 $4 1st pref., $500,865 $5 2d pref. and $75,000 £ Policy reserves, also called legal reserve or life insurance reserves, a Includes reserves, x Not an insurance company. Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities." In ths case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee Safe and Deposit Companies" under separate heads, then follow with the of rest the "Industrial and Miscellaneous." NOTICE—All bond prices are Quotations for all securities Bonds Bid Ask r 6s A&O 16 1954 (Concluded)-— 1.75% due 50X 1 1 1945— 1946... 100 X 43 44 X 2.15% 2.30% 2.45% 2.60% due due due due 1 1947— 1 1948— 1 1949— 1 1950— 100 X 100 M 100 X 100 X 68" ~ / Pacific"Grain 38M Mar Mar Mar Mar 1st mortgage 3 100 X Mb 1950 F&A Blethen Corp (Seattle)— 6 Ms 1947. J&J 103 Bloedel Donovan Lumber Mills 6s 1941-1912 94 F&A Bloomington Limestone Corp— 4s April 1953 (units)........ / 6 1968 !_ (S P) 5s 1944 1st 5s 20 >ws3r J&J M&N Algoma Steel Corp Ltd— 70 Allendale Corp 4s 1942 ... Allied Sfs Corp deb 4 Ms '50.A&O Debenture 4 Ms 1951 P&A s British Columbia Pulp & Paper — 1st 6s 1950 M&N Amer Airlines deb 4Mb 1941-J&J 104'" 107 M M&S / f 7s 1955 72 60 102 M 103 X Allia-Chalmers • f deb 4s '52.M&S Aloine Montan Steel Corp— 1st 107M .... 49 J&D / 67 102 M&S '61 Am Macb & Metals 4s 1943..J&J American Nat Co (Ohio)— 80 Conf s f deb 2M-5s 1950...J&J 104 M Am Wire Fabrics 1st 7s '42..M&S 95 American Writing Paper Co— Conv 6s 1961-.-.. J<5 / 78 Ames-Holden Tire & Rubber— 2d mtge inc 7s Jan 1 1943. M&S / 80 Anaconda Copper Mining Co— Sink rund den 4Mb 1950.-A&O 104 Anglo-Obilean Cons NitrateS t Inc deb 4M-6s 1967 J&J / 60 103 M 69 f 6s (San Fran) 1942 J&D lsts f 6s (Los Ang) 1942..J&D Antilla Sugar Estates— Income deb 6s 1951 (w-s) J&J / A-NY & B-N Y Realisation— 5s. 1955 M&S / 28 M 98M 98 M Continental Oil— 71 45 M Conv deb 2Ms 1948——.J&D Continental Roll & Steel Pdy— 73 M 107M 100 80 99 32 36 J&D ft* 103 20M 7s Certificates of deposit. 1942 / 9M ampbell Transportation CoEquip trust 4 Ms to 1946—M&S 101M 99 Equip rtust 4s to 1951 J&J 1942-1945 1952 s -J&D J&D 72 71 75 67 71 75 65 M 71 67 100 M 102 29 .... • - - 1st M 6s 1949 J&J Locomotive 6s July 1953.... anadian National Steamship— guar 5s 1955 106 an 106 ..^<cS anadian Pow & Pap Inv 5s 1958.F&A Vickers 6s Aug 1 1947- arrlbean Sugar— Cum inc 7s 1941 84 arrier -- _ 53" J&J 96 104 % 73 102 X 103 52 35 37 9I« 95 4M 1945 35 3s debentures 1955 56 entral M&S Conv deb 4Mb 1939 Autocar Oo 7s ext 1947 .... 100 Without warrants.... Baldwin Locomotive Works— 100 M&S / 113 113M Mtge 6s 1950 Bait Steam Packet 5a 1942..P&A 67 Baragua Sugar Estates— Cum inc deb 6s 1947 J&J Barber & Ross 4s 1945.....J&D Bates Valve Bag 6s 1942——F&a Battle Creek Sanitarium— lstsf 4Mb A 1954 J&J Baush Mach Tool ext 5s '41.M&S Bayway Terminal 2nd Inc 6s *57Beaver Mills 1st 5s 1950 Bendlx Home Appliances— 6% conv debs 1944— M&N Bethlehem Pdy & Ma 5s *44. A&O Bethlehem Steel Oo— Q-Feb -/— 57 1938.P&A Term & Cold Storage A&O 12 a 35 30 105 f deb '50('35 Issue).M&S 4Mss f deb'50('38 Issue).M&S 102 106 107 103 M bateaugay Ore & Iron— See Railroad bonds. ...M&N 15 15 41 98 96 95 94 93 100 Bardeleben Co il Corp— 1st cum Inc 5s 1957—Ann April / Deep Rock Oil 7s 1937 strap M&S\f Deb 6s w i 1952.. J 105 H 42 94 M 117 30 78M Deerfleld Glassine 1st 5s Mar *50 J/ Defiance Paper 6s 1939 J&D, Delaware Floor Products— 50 2nd Income 6s Mar 1940 7 Detroit City Ice & Fuel— I 4s w w 1948 F&A Detroit Garages 5 Ms Mar 1948.. / Detroit Bar Term 1st 6a '50.M&3 / 87 55 25 56 15 Detroit Times 6s 1941 to *43 M&S 100 Deutsche Rentenbank— Farm Ln s f 6s Oct 15*60 A&OIS / 13 Series B— 11 / Dickinson (Alb't) 0Ma 1935.J&D / Distribution Term Warehouse— 5s 1956 A&O Dom Coal 1st 4 Ms ser A '52. A&O Serial 3 Ms 1940-1943 A&O Deb 4M« ser A 1951 M&N Dom Woolens & Wors 0s '53.J&J Donnacona Pap 4-4 Ms '50—F&A 10-yr 5M% notes 1947—J&J Dow Chemical 2 Ms debs '50 M&S Serial debentures— 0.35% 9.65% 0.90% 1.15% 1.40% 1.60% Sept Sept Sept Sept Sept Sept 1 1 1 1 1 1 1941— 1942 1943 1944 1945 1946 1.75% Sept 1 1947 105 98 / / / / / 10 43 68 71 66 48 40 103 M ,100 100 100 M 100 M 100M ... 1.90% Sept 1 1948 2.00% Sept 1 1949 2.05% Sept 1 1950 Dryden Paper 6s 1949..—..F&A Dufferin Paving & Stone- 100 X 100 H 100X 101 101X 70 Corp Inc 58 1968 _J&D 96 150 104 % 100M 103 M Deb 5s series A 1955 Jan Du Mont (Allen B) Laboratories— 37 57 59 2M-5S 1949 M&N Durham Duplex Rasor 6s 1955... 45 Durez 152 M 106 31X 80 96 100 103 M M Budapest 7s 1963.. —F&A Cleve Tractor conv 5s 1945.M&N 95 M Climax Engineering 52 5s 1946.A&O . 73 30 M .. . 71 45 94 M 94 _ 104 0.50% due Mar 1 1941 1.00% due Mar 1 1942 s hicago Dally News— 3Ms s f debs 1950.——.—A&O hie Grain Corp 3-5s 1952..A&O hie Molded Prod 5s 1949 A&O hicago Produce District 1st cum Inc 5s (w-s) '48—P&A 106 Cons mtge 3s ser G I960.. Cons mtge 3 Ms ser H '65.. Serial debentures— 100 4 Ms 98 ... Dairyland League— Certifs 5s May 1 1940......— Certifs 5s May 1 1947 Certifs 5s May 1 1948........ Certifs 5s May 1 1949 Certifs 5s May 1 1950.. Davidson-Boutell 5s 1940...J&D _ 85 M 5M heney Bros 5s ex-w 1937—M&N 42 96M 2 84 M 5s with stock 1937 90 31 28M Conv s r deb 4s 1950 M&S Curtis Publish deb 3s 1955..A&O Dominion Steel & Coal 0 Ms 1955Dominion Tar & Chemical Go — _ 100 40 / / J&J Bedford Pulp & Paper 6 Ms 1942Beech Creek O & O 5s 1944-.J&D Purch money 6s 1998 Bethlehem Steel Corp— 54 95 100 63 M&S 104 X 104 H ..... 96 98 75 159'" Avery (B P) & Sons 5s w w'47J&D —M&S entral Iron & Coal 6s antral Ry 0 Ms 1952 107 M&N 98 M 95 Foundry Oo— Gen mtge 5s 1941 Gen conv 5s ext 1940 44 J&J / P&A Debenture 4 Ms w w 1947 F&A entral Goal & Ooke— Non-cum Inc 4s B 1951—.A&O / 105M . . 95 M 104 X 70 ..F&A / 4Ms 1948 A&O, W* 100 M 97 94 M 53 M conv 60 17M 99M 64 De arthage Marble Corp— 1st s f 6 Ms A 1942———M&S / 1st n-c Income 5s Apr 1951 / 84 f 5s 1952..J&D Corp 83 75 > 82 79 1st M conv s f 6s 1950 J&D 102 OoDlav Cement Mfg 1st sink fund ext 4Ms *51 A&O 97 Oosden Petroleum conv 5s '47 J& / 59 Oosgrove Meeban Coal 6 Ms 1945 / 5M Crane Oo 2 Ms s f debs 1950.A&O 100 Credit Ponder Franco-Oanad— 5% M&S 60 Credit Service—See Investing Cos Crowley Milner 5 Ms 1946— M&N 75 Crucible Steel 3 Ms debs 1955 J&D Ouoan Tooacco 5s 1944 55 J&D Cudaby Packing 3 Ms A '55.M&S 101 ..... 1st & gen 5s 1957 J&J anadian Bakeries 0Ms '45.M&3 anadian Oanners Ltd 4s'51M&N anadiaD International Paper — an 51 27" 25M 102 105 Sink fund 5s July 1 I960—J&J Consumers Oo (111) 5s 1958—J&J Consumers Rock & Gravel— 6.1948 --...J&J/ Cone I Invest Bond Corp 3-5s '53. Oont 1 Invest Deb Corp 4-6s *53— 15 69 30M 40 5 4 96M Plastics & 67 Chem— 4Ms conv debs 1949.....M&S Earl Fruit 1st s f 5 M* 1947—M&N Eastern Oar Co Ltd 0s 1952.J&J Eastern Corp 5s 1953 J&D Eastern Dairies 6s 1949 .M&N Eastern Mfg 7 ser A 1938..J&D 105 87 72 91M 52 105 100 100 X 100 X 100M Called for redemption, see page 110. 48 M 48 68 70 29M Atlas Pipeline Corp 6s 1945.M&N f Gen conv 6s 1950 M&N / Auburn Automobile— a S* 86 20 83 Atlantic Ice Mfg 6s 1945 P&A Atlantic Refg 3s debs 1953..M&S Atl Sug Rof 1st ■ f 4s 1951—M&N Atlas Imperial Diesel Engine— conv notes 39 69 J&J A&O mmmm 18 50 Atl Gulf & W Indies SS Lines— Coll tr g 5s Jan 1 1959——J&J 6% 30 37 s 105 H 105% _ s 75 36 16 25-yr 1st M 20-yr 4s ser B 1955.P&A 1st mtge 4s series O 1957—J&J Arnold Print Works— 1st 5s Feb 1 1952 A&O Arundel Bond Corp 3-5s Dec 1 *53 Arundel Dib Corp 4-6s Dec 1 '53 Associated Mtge Co 3-6s Dec 1 *53 Atlantic Co 1st 62 M&N s 1st lien 3-5s 1955 Armour & Co of Delaware— Atlanta Laundries— 1st lien 4s 1952 f 7s 1950 73 59 Bklyn Serv Station 5 Ms '40.J&D Brown Coal Indus 0Ms *53—A&O Brown Oo 1st 5Ms 1946 A&O 1st 5Ms 1950 ser B.. M&S Bruck Silk M Ltd 6 Ms '45-M&N rat Paper 6s B 1948 J&J Buffalo Gen Laundr 6 Ms '41.J&D Burmeister & Wain (Copenhagen) 15-yr s f extl 6s 1940 .J&J Burns Bros deb 5s A 1901—M&S Burns & Oo Ltd 1st s f 5s 1958 J&J 83"" Byrndum Oorp]ext Anthony (E O)— s 77 75 31 26 Extended 6s stpd 1943.. J&J / 40 Am Silica-Sand 6s 1951.....M&S / 10 Am Tobacco deb 4s 1951-. P&A 114M Debenture 6s 1944 A&O 116 American Type Pounders Inc— 1st 64 Bldg 1st 5s stamped 1960 A&O to Jan 15 1942 51'* Amer La Prance & Poamite— 5M% Gen 80M Cum inc 5s April 1987 / 45 Commercial Mackay Corp—See Public Utility Bonds Connor Lumb & Land 6s *41 M&N 70 Oonsol Biscuit 1st 5M« B '40 M&S 101 1st 5 Ms ser O 1940 ..J&D 101 Consolidated Cement Corp— Cum luc 6s 1950— ..F&A 96 X Cum inc 6% notes 1950..F&V 82 Consolidated Cigar Corp¬ us notes 1950 J&J 100 Oonsol Indus (III) 5s 1958—M&S Consolidated Oil deb 3Ms *51 J&D 105 X Oonsol Pa^er Corp 5 Ms 1961 .J&J 50 Oonsol Press 6Ms 1949 J&D a 103 Oo moi rettile no K* 1941 Jscl)1/ 13 Cum conv inc 5s 1953 M&N / 22 Consolidated Warehouses Inc— 1st non-cum inc 6s 1947—.J&J / 9M Oonsolidacio i'JotlDo- Bush Terra 1st 4s 1952 Cons g 5s Jan 1955 25 368 '48.-J&D / 58 Amer Dept St's (Del) 6s '47.J&D / 49 American I G Chem Corp— Conv deb 5M« 1949 103 M M&N American international Corp— See Investing Companies notes 1956 Am Lime & Stone 5Ms 61 75 71 71 70 / ^ — Paper Mills 1st 4Ms '68—.J&J M 64 105 Income deb 2s Oct 1950 / 70 Columbia River Paper Mills— 6s to 1946 A&O 100 29 6s 1946 J& J Amer Dept St's (Pa) 4s 6s 1948 Columbia River Packers Assn— Bo water's Newfoundland Pulp & 55 48 Bid M&S / Co, Ltd— Mar du» Mar 102 M 66 Bonds Gen mtge 6s w s 1954 J&J Colo Fuel & Iron s f 5s 1943.F&A Income 5s 1970 An Apr 100 X 2 00% See Investing companies Aeolian Go 6-» 1944. 95 J&J 66 M Agar Pac>cg & Prov 5s 1945-J&D Akron Times-i'ress 1st 6s '45 A&O 98 Alabama By-Prod Qs 1955—J&J 100 Alabama Mills Inc— 6s without stock 1953....J&D / 37 Albany t'ert Wrapping Corp— 40 1st M coll tr 6s 1948 A&O 6b assented w w 1948 A&O 41 Alberta Ask Colonial Colliery 6s 1954 Colonial S S 51 Adams Express— 6s 1955 Bid Bethlehem Steel Corp— Serial debentures MISCELLANEOUS General marked "f" and income and defaulted bonds closing day of the month preceding the date of Issue Bonds INDUSTRIAL AND BONDS Abitlbi Power & Paper— 1st M 5s 1953 ser A J&D f f "and interest" except where are as near aa possible for the — 6 Basis. / This price Includes accrued Interest. * Last sale. n Nominal. r Canadian price. June, 1941] INDUSTRIAL NOTICE—All bond prices art Quotations for all securities Bid Bonds are as near as 98 M 87 100M Bonds 90 El Auto-Lite 2 Ms deb '50-J&D 15 101 89 90 M 82 Emporium Capwell Oorp— 105M 101M —J&J 4% notes 1942 Ernesto Breda 7s F&A / 1954 European Mtge & Invest Co— 1st lieu 7 Ms iy66 ser 13—F&A 7Ha income 1966_ }t lien 1st liei 7s 1967 ser O M&S 7s income 1967 40" —. / / / / 19 4 19 4 Everlastik lnc 1st 7s 1937-M&N Fairbanks Morse & Co— —.—. 20 106 20-year 4s s f deb 1956—J&D Famous Players Canadian— 1st & coll 3Ms 1941-1942 J&D a 101 99 M 1st & coll 4Ms 1951 -J&D r Farmers Nat Mtge Inst 7s *63 A&O / 3M 107 4% notes 1947 M&S Finland Residential Mtge Bank— 101" 89" 101 49 M 97M 97M First Bohemian Glass Works— 1957 J&J / Flour Mills of America lnc— 1st secured 7s 29 28 50 35 Franklin Co-Coal Co 7s w s'49J&J Franklin Deb Corp 4-6s '53.J&D Fraser Co 6s Jan 1 1950 J&J French Nat Mail SS Lines 6s 52 Frick (H O) Coke 5s to 1944.J&J 56 M 33 57 85 Sinking fund deb 7s 1945--J&J / Deb 6M» 1940--. _JcVL>/ Deb s f 6s 1948 M&N / Gen Rayon deb 6s 1948 ww.J&D f Gen Stl Cast 1st 5Ms *49 w w.J&J 32 30" 60 65 87 M 87 M Wares— 66 68 91 102M 30 German Bldg & L'd Bk 6Ms 1948/ 16 Glen Alden Coal M s f 4s '65 M&S 85 85 M Globe Industrial Loan— Gobel (Adolf) lnc— Conv deb 4MS ser 101 t A 1941-M&S Good Hope St & Ir Wks (Germ'y) S f g 7s Oct 15 1945-.-A&015/ Goodrich (B F) 4 Ms 1956—J&D Gotham Silk Hosiery— S f deb 5s w w 1946 .M&S Granby Consol Min & Sm 5s 1942 Grand Rapids Motor Coach— Cum inc 7s 1962 w Grand Rapids Operating Corp— 6s extended 1942 -—J&J Grand Rapids Stores Equipt Co— Debentures 5s 1949 F&A Grand Trunk Warehouse & Cold Storage 1st 3s 1958—A&O 106M 80 100 110 100 82 26 Granite City Pig Iron— Cum inc 5s 1943— M&S / 116M Graton & Knight 4M® *51—J&D 102 Great Lakes Paper Co Ltd— 1st s f 5s 1955— A&O 64 Griess-Pfleger Tanning Co— Cum income l-5s 1954 J&D 84 28 118M 103 38 Grigsby-Grunow Groc St's Prod conv 6s '36 M&S 1 62 6s 1945.J&D conv Gulf States Steel 4Mb 1961-A&0 104 M Gurney Foundry Ltd— 1st 4-5 Ms (w s) 1949 M&N 53 M Gypsum Lime & Alabaat— 6 M" 1948— M&S'r 98M Hale & Kilburn 6s *39 stmp—J&D / 22 Hamilton By-Prod Coke Ovens— 1st s f 5s ser A 1955— M&N r 102 Gen sinking fund 6s 1956..A&O 70 Hamilton Cotton 4 Ms 1950-F&A 70 Hamilton Mfg 5s w w 1951 ..M&S 101 66 99 M 102 Hammond Standlsh & Co— 1st extend s f 3-6s 1947—.A&O 20 Hansa Steamship Lines— 10-yr 6s 1939 w w— Harboreide Warehouses— A&O Non-cum inc 6s Jan 1973 50 / 54 Harpen Mining Corp— 6s with warr for Am shs—J&J / Harris-Seyboid-Potter— Conv s f deb 5s 1951 _ A&O Hart Coal lnc 6s 1945 99 M / Hatfield-Campbell Creek Coal— 1st 6 Mb 1948 M&S Haytian Oorp lnc 8s Oct 1938 / Haytian Corp of America— Conv b f 4s 1954 / Inc deb 5s 1989 / 29 100M 32 99 23 Hearst Publica 6 Ms to 1947.M&N 36 17 M 99M Healey Petroleum deb 5s 1948 J&J 98 Helvetia Coal Min 1st 5s '58_A&0 Heywood-Wakefield 5s 1946 J&D Hightstowu Rug 6Ms w w 1944— Hill Mfg Co ext 6s 1945--— -M&N Hoberg Paper Mills 5s 1946 -J&J Hoe(R) & Co 5-78 1944 ws—A&O 4 M-6 Ms lat mtgO 1944—A&O Holly 8ugar Oorp— 1st 3 Mb 1942 A&O 1st 4s 1947 Home Sorv Corp 6s 1957 Borne Service (Portland. 1st coll 3-5b 1950 A&O A&O Ore)— A&O Housing & Realty Improv— (Berlin) 1st 7s 1946— M&N / a 38 113 113M 105 85 62' Eq tr 5s 1941-1942 Eq tr 4Ms 1941-1945 Eq tr 2Ms 1941-1946 103 106 103 104M 85 M 93M 94 M 101 103 M 72 M 26 103 M 99M 101 Gen 103 99 103 M 99 % 99 5s 1968 Jefferson & Clearfield Coal & Iron Indiana Co 1st s f 5s 1950-_J&J Jones & Laughlin Steel— 1st mtge 3 Ms ser O 1961..J&J Journal of Coram 6Ms 1947..J&J Kansas-Neb Natural Gas— 1st s f 4s ser A 1957 A&O Karstadt (Rudolph) Inc— 6s Ctfs of dep w w stpd 1943 72 18 23 stamped (par $925) 1943 1943— 78 81 98 M 55 — 10 101M 102" 100 100M Kentucky Rock Asphalt— 3M-6Ms 1945 J&D 45 Keokee Cons Coke 5s 1959..J&J 97 M Keyes Fibre Company— 1st 6s 1941-1949 M&N b 95 to Kingston Elevator 1st 6s "50 M&N r 101 Knudsen Cream'y 5M® "50.M&N 95 Koehring Co (Milw) 5s 1945.J&J Koholyt Oorp 6 Ms 1943 M&S lvoppers Company— 1st M & coll tr 3Ms 1961-M&S Debenture 5s 1961 An Apr Lancaster Oorp 3Ms A 1949-J&J Lautaro Nitrate Co— « 98 M 103M 103M 100 104M 20 r 83 M 56 54 1st mtge income 1975...1J&D / 27 Lehigh O & Nav fund 4s '48 J&J 102 M Cons s f g 4 Ms 1954 J&J 69M Cons s f 4Ms 1954 ser O..J&J Lehigh Valley Coal— 1st 5s stamped 1944 / 90 1st & ref 5s 1954 F&A / 47 Stamped 1954 / 47 1st & ref 5s 1964— F&A / 45 Stamped 1964 / 45 1st & ref 5s 1974 F&A / 45 Stamped 1974 / 45 Sec 6% notes ext to 1943—J&J / 90 Stamped 1943 / 92 M Leonard Tietz—Set Tleta Leipzig Trade Fair 7s 1953-M&N / 16 Libby McNeil & Libby— 1st mtge s f 4s 1955 J&J 105 % Liberty Baking 6Ms 1944...M&S 82 Liggett & Myers g 7s 1944.-A&O 119M F&A 125M 96 M 104M Logan County Coal 7s 1942-M&N 13 1st ext'd l-4s 1956 M&N f 14M Loiillard (P) Co g 7s 1944—A&O 119M 5s, 1951 f&A 124 M Lukens Steel 5s extend 1955 M&N 96 M Macklntosh-Hemphill 5s'51.J&D a 102M Mahlstedt Mafia 5s 1955 A&O f 6 Mahon (R O) Co deb 5s *51.A&0| 101M Manati Sugar 1st 7 Ms '42..A&0!f 55 If M&N 85 57 M 57 28 103 M 95 68 M 50" 51 — — - 47 63 M 47 119M 126M 194376852 6 M&S 66 J&J 99" 104M 119M 124 M 97 M 93 48 10 125 98 M 68 — Morris Plan Oorp— See Investing Companies 3-5s Dec 1 1953 Mortbon Corp— Coll B 2M-5s ser 2 1946 ..J&D OjII C 2M-5sser 3 1951 —J&D Coll D 2M-5s ser 4 1956 J&D Mosinee Pap Mills 1st 5s '51 .A&O Motor Transit inc 6 Ms 1952.J&J 99 M 90 80 80 96 — 55 Munising Paper 5s 1947 J&J 101M 'unson Steamship Line— Secured 6s 1937. J&J/ 35M Deb 6Ms Jan. 1 1937 w w A&O 2 / Certificates of deposit 2 / Nassau (Ger) LandbankfJMs 1938 / 16 National Bondholders Central Funding— Allseries National Central Savings Bank ..... / Nat Container deb 5 Ms '52. A&O National Dairy Products— Debenture 3 Ms I960J&D Serial debentures— 5 3M 99 M 103 M 104M 0.375% June 1 1941... 100 0.50% 0.625% 0.75% 0.875% 1.00% 100 100 1.10% 1.20% 1.30% 1.40% 1.50% 1.60% 1.70% 1.80% 1.85% 1.90% 1.95% 2 00% 2.05% 2.10% Dec. June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. June Dec. 1 1 1 1 1 1941 1942 1942 1943 1943 1 1944 1 1944 1 1945 1 1945 1 1946 1 1946 1 1947 1 1947 1 1948 1 1948 1 1949 1 1949— 1 1950 1 1950 100 100 100 100 100 100 100 99 M — 1st M conv 99M 99 H 99 M 99 M 99 % 99 M 99M 99 M Natl Debenture Corp 4-6s 1953— National Distillers Products— I Conv 3 Ms debs 1949 M&S National Fire Proofing Co— 5Ms A 1940.M&N 99M 50 103 95 Cum conv lnc 5s 1952 M&N / Natl Grocers Ltd 4s 1947—A&O National Hungarian Ind Mtge Inst 7s 1948 70 63 See 32M / This price includes accrued interest, ...M&N/ 16 3M Investing Companies National Oil Products— Ms 1955 J&D National Radiator Oorp— Cum income deb 5s 1946—M&S / National 8teel Corp— 1st coll M 3s 1965—. Serial notes— 2M% 2M % 2 H% 55 31M 99 M III) 1st ref 3M-4s 1951—.A&O Mohawk Rubber ext 5s 1948 A&O Moirs Ltd 1st s f 6s 1953 J&J Monon Coal Co— / Non-cum inc 5s 1955 (w s) S f debs 3 16 b Basis. notes 1931 1st coll inc 5s I960 Nat Ice & Cold Storage (Calif)— 1st s f ext 3 Ms-6s 1952 J&D National Industrial Loan— 100 52 f 3 Ms 1946-F&A Oeitificates of deposit 1st s f 4s Feb 1 1957 23 80 r 43 (Hungary) 7Ms 1962 F&A/ Natl Consol Bond Oorp 3-5s 1953. 4 Lake Erie Bolt & Nut— 5-68 April 1 1946 J&J Lake St John Power & Paper— 1st 5Ms 1961 ....J&J s 80 97 M 16 Serial notes 2s 1941-47 M&S Kresge Foundation— 10-yr 3s coll trust 1950—M&S Kreuger & Toll— 43 _M&N / 5-yr 6% ~ 10 a 43 f Mortgage Bond Co (Md)— 98M " 6s with warr (par $925) 90 76 43 1st 6s 1949— A&O Monroe Coal Mining 6s '47 F&A Montreal Cotton deb 5s '43.M&N fr Montreal Dry Docks 6s "48.F&A 5 12 103 Keith (B F) Corp 6s 1946—M&S Kelsey Hayes Wh'l 1st 6s '48.J&J 1st 4 Ms 1948 J&J 102M Monong Riv Cons Coal & Coke— 33 99 90 53 26 Missionary Sisters (Waukegan, .68 86 60 61M 96 M _J&J / 1st 6s series B 1948 1st 6s series C 1950 104M 104M 104M 96 M / / r 83 81 Interstate Deb Oorp 2-5s Jan 1 *55 Interstate Zinc & Lead deb 7s "32 / Iron City-Ohio River Oorp— Iron City ser 6s Dec 1 "48-F&A / Ohio Riv. ser 6s Dec 1 '48 F&A / Iron City Sand & Gr 6s '40—J&D / Isotta Eraschini 7s 1942 J&D / Jacobs (F L) 5M% dividend notes 1942 J&D r M&S Minnesota & Ontario Paper Co— / 1st 68 series A 1935 A&O f 1st 6s series A 1945— A&O 12 J&J .J&Jr - 1968 f 6s ser A 1949 1.00% 1.30% 1.35% 52 Middle States Petrol 6 Ms 1945— Miller & Hart Inc. deb 6s '43 J&J Milton Mfg Co 6s 1952 M&N 1M 1 Inoernat Mercantile Marine— M s 1.50 1.65 1.75 83 Tm 1 9 104M 104M 104M J&D J&D 6 A&O b Messenger Oorp deb 4 Ms *51 J&J Metropolitan Ice 7s 1954 J&J Mlag Mill Mach'y 7s 1956 J&D 99M 29 110. 106 M 102 — 104M 98 106M Merchants Dispatch— 7M 70 103 Vs Interlake Iron Corp— Conv deb s f 4s 1947 A&O International Match Corp— Oeb s f 5s 1947 M&N Lincoln-Boyle Ice 6s 1947.. A&O Lion Oil Ret deb 4Ms 1952..A&0 95 97 Merchants Distilling Corp— 5% conv deb 1947 M&S Merchants Ice & Cold Storage— 1st 6Ms 1942-1949 A&O Mercury Mills Ltd 5s 1959-M&N Mersey Paper Ltd 5s 1957—J&D Loew's lnc deb 91 79M MeadT (Th3) Corp— 1st mtge 4 Ms 1955 M&S Memphis Commercial— Appeal 4 Ms 1952 ..M&S Mengel Co conv 4 Ms 1947—M&S 29M 89 Gold bonds 5s 1951 20 100 97 90 Called for redemption, see page 105M 72 McKesson & Robbins lnc— 20-yr conv deb 5Ms 1950.M&N 86 1st mtge 3s ser F 1961 A&O Inspiration Consolidated Copper 1st mtge conv 4s 1952 A&O Inter City Baking 5Ms 1948.J&J 103 105 77 58 Apr. "42. J&D 63 102 77 80 5s uniform ctfs of dep 1959 La France Textile 1st 6s 104M r 97 F&A McOormicks, Ltd, 4s 1952..-J&J McCrory Stores Oorp— 3 Ms sf debs 1955 A&O 1st extended 6 Ms 1946—F&A Industrial Acceptance 4s 1952 J&J os 105 a 79M 30 106 74 % 99 M&S s 75 A&O T 1st „ See Investing Companies. Globe Wernicke 6s Oct 1 '44-J&J McCord Rad & Mfg— 6s stamped 1948 60 1st 4Ms . , 97 M 93 M 4 f 6s 1942 1st M coll trust 6s 1941 A&O International Paper— 1st & rer s r 5s 1947 ser A—J&J 1st & ref s r 5s ser B 1947—J&J Ref mtge 6s 1955 ser A—M&S Incernat Pow & Pap of Nfld— 45 German Atlantic Cable 7s 1945.. 96 M 92 M McOoli Fronteuac Oil— 1st & coll 4 Ms A 1949 Progresso Italo-Amer Pub— Debenture 6 Ms 1943 w w„A&O III Car & Equip 5s 1948 96 J&J Ilseder Steel nicge 6s 1948 F&A / Independent Brewing 6s '55.J&J 111M Indian Refining 5s Dec 1 1941— 100 Indiana Ice & Fuel 6Ms '47.M&N Certificates of deposit 1941 J&J15 Certificates of deposit 74 M 4Mb ser A 1952 A&O Georgia Marhle 1st 6s 1950.M&N Gerlack-Barklow Co 6s I950-F&A Stamped Massey-Harris 1st 4 Ms 1954.M&S 5 Conv deb 6s 49 110 Gair (Robt) income notec 6» 1972 / 54 M Gair Canada) 6s 1956 75 Steel 4 II 75 Fontenelle Brew 5s ww 1947-J&J Francisco Sugar 6s 1956 M&N General 70 17 75 74 30 26 Conv g 6M% notes 1946.A&O Follansbee Bros 5s 1947-. J&D Gair Cieve Cartons 4-4 Ms General Electric (Germany)—■ 15 — 35 96 Inland Steel Co— 103 / Marion St'm Shovel 6s "47—A&O Ind Br'nhoist 6s Oct *54.An 72 99 20 Smelting— Maple Leaf Milling— 3-5 Ms 1958 J&D Marine Elev (Buff) ext 5a '52M&S / 10 21M s Ask 95 warrants 1941-M&N M&N Indianapolis Motor Speedway— 47 M a 7s without 45 7 Hungarian Central Mutual Credit Mfg 7s 1937 J&J / Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 —-J&J / Hungarian-Italian Bank Ltd— Sinking fund 7 Ms 1963—A&O Hydr Press Brick 6s 1944—A&O Prior lien 65 102M S f 6s stamped 1961 M&S Firestone T & Rub3 Ms*48-A&O 3s debentures 1961 M&N Bid Ind Limestone inc 6s 1952--M&N 70 87 99 Mansfeld Min & — _ Federal Grain Ltd 6s 1949—F&A Fed Portl Cement 5s 1947--M&S Federal Screw Wks conv 6 Ms'39 / 1st s f 5s 1949 M&S Filtrol Co of Calif 5s 1946-- J&D Finance Co of Amer at Baltimore Bonds 36M 37 H> grade Food Products Corp— 1st & ref 6s Jau 1949 A A&O 08 1949 series B. J&J 80 J&J Ask 103M 35M 5 f 1st mtge 6s 1946 J&J 2d mtge inc 6s Feb 1956— / 56 _ 81 Manhattan Refrig 5Ms 1941-J&J 4 Ms s f dobs 1954 M&N Audson Coal 1st 5s 1962 A„J&D Hudson River Day Line— ^ 1952 Bid Houston Oil Co of Texas— Elk Horn Coal 1st 4b MISCELLANEOUS BONDS possible for the closing day of the month preceding the date of issue Ask Eastern Racing Assn 5s 1045 Eaton Paper 1st 6Ha 1943.M&N Corp— Oolls f 4s 1956 ——J&D Empire Properties Corp 2-3s 1945 Empire Sheet & Tin Plate— 1st conv s 1 6s 1943 A&O & "and interest" except where marked "f" and inoome and defaulted bonds 2M% 27 .A&O 103 M A&O 100 M 100 M 101 —A&O A&O A&O A&O A&O 101M 101M 101M A&O n Nominal. 102 A&O 1949— k Last sale. 103 102M r Canadian price. INDUSTRIAL 82 MISCELLANEOUS BONDS & NOTICE—All bond price* arc "and interact" 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 Ask Bid Bonds .J&D 1st M 3%s 1954 National Terminals Corp— Gen & coll sf6%s 1940---A&O 104% 34 74% 100 82 Laundries 5s 1956.J&J Country Club— New Eng 100 1945 24 New Niquero Sug 3 %s'40- 42-J&J N Y Dock Co 1 st g 4p 1951 K&A Oonv 5% notes 1947 A&O 59 % Extended at 5% to 1943-—J&J 94 99% 96% 100% 97 8 102 102 100 1943 „0 53 1953 -- --M&S 73 Nor Amer Refract 6%s 1944-J&J North German Lloyd— f 20-yrs f 6s 1947 M&N 46"" New 6-4% 1947 M&N North Western Refrigerator Line 2.50 Equip trust 4s ser I July 1 '41-'43 3.25 Equip tr 4s ser J 1941-46.J&D 3.00 Eq tr 3 Ms ser K 1941-48-- A&O Northern Elec & Nor Pap Mills— 100% 1st mtge 5s 1948 M&N Northern Redwood Lumber— 1199443256780 56 77 102 f 5%bw W1945-F&A 5%s without warr 1945-F&A Nova Scotia Steel & Coal— 1st conv s f 3%s 1963 J&J 2.50% 2.50% Oswego Fallc Corp— 4 %s without warrantsl952 64 12% Rheinelbe Union 7s 96% 96% 20 79 95 1949-F&A 99 Pacific Western Oil 3% . 64 % - 103% 79% 96% 68 43 J&D 15 43 Certificates of deposit 102 95% Paramount Pictures 3 Ms '47-M&S Transportation Co— 8 f con v deb 6s 1944 ..A&O Paton Mfg Ltd 1st 4%s '56.M&S Peabody Coal Co (Consol Co)— 1st s f 5s 1953 ser A M&N Peerless Cement 1st 5s 1948--J&J Penman's Ltd 1st 5%s '61—M&N Penn Amer Coal 6s 1941-56--J&J Penn Dairies 1st s f 6s 1949—J&J 96 42% 45% 70 72 . Pennsylvania Glass Sand Corp— 1st mtge s f 3Ms 1960 J&D Pettlbone MuJliken— 6s w w 1943 —M&S Phelps Dodge 3 1952 J&D Phila & Read C & I 5s 1973.-J&J Conv deb 6s 1949 M&S Phillips Elec Works 5s 1953.F&A Phillips Petroleum— Conv 1 Ms debs 1951 J&J Serialnotes— 0.25% ^ 0.35% 1 0.45 1 0.55 0.65 0.75 0.85 1 ,yo% 0.95% 1 1 1 Jan. 1 _.05% July 1.15% Jan. 1 .25% July ,3 5 % J an. 1 ,45% July 1 Jan. 1 1 1 July 1 1 Jan. July 1 1 Jan. July 1 1 Jan. 1943 1944-1944.1945 s 99 <99% Pine Hill Collieries 1st 6s 1942 AO '49..J&J 1 Chase 110. J 3 51 106% 55 8% 100% 12 19 99% Seneca Copper Corp 7s 1933-J&J Shaffer Oil & Ref 6s 1933 M&S 40 1% 109 99% 2 106 95 48 Stillwater Worsted Mills— 98 A 1943 F&A (Hugo) Corp— 50 1946 A&O Stinnes (Hugo) Industries— 24 7-4s 3d Rtamped 1946 J&J Certificates of deposit f 100"" Strange (John) Paper 6s *44. _J&J Strawbridge & Clothier— 103% 1st s f 5s 1948 —M&S Deb 5%s 2d stamped 95 1949. A&O 6s Jan 1 1951 25 46% 28% 104% 90 8% 38 42 43 97% 104% 98" 105% 78% 100% 101% 79 102% / 7 10 / 60 61 27 97 97 1942 1943 1944 1945 1946 1947 1948. 99% 99% 99% 97% 97% 97% 100% 100% 100% 99% 99% 99% 99% 98% 98% 98% 95% 100 99 99 99 99 Jan. 15, 1949 Jan. 15, 1950-- SSg u 15, 1951-. Jan. 15, 1952 Jan. 15. 1953 Jan. 3% 100% 100 100 b rate of 577.50 2.75 on 2.00% 100 1.25% May 1 1945 1.40% May 1 1946 1.55% May 1 1947 1.70% May 1 1948 1.85% May 1 1949 1.95% May 1 1950 2.05% May 1 1951 Taggart Bros Co 6s 1944—— J&D Taylor-War ton Iron & Steel— Coll inc 7 %s July 1 1958. A&O Tenn Coal Iron & RR 5s 1951 J&J Term Refrig & Warehouse Oorp— 4%s 1948 A&O Term Warehouse 2d 5s '42.-J&J Texas Corporation— 3% debentures 1959— A&O 3s debenture# 1965 M&N Texas Sugar Ret Corp 6s '44.F&A / 1951.-J&D Three Rivers Grain & Elevator— 1st s f 5%s ser A 1951 M&8 Tietz (Leonard) 7%s x-w '46.J&J / Tilden Lumb & Mills 6 %s'46M&8 / Tlvoli Brewing conv 5s 1947 J&D Tomahawk Kraft Paper— w w Uchi Gold Mines 1st 6s 1941 J&D Ulen & Co— Conv 6s 4th stamp 1950. F&A ' _ Unified Deben Oorp 3-5s 1955—. Union Oil Co of California— 6s May 1 1942 ser 3s debentures 1959 A M&S / United Biscuit deb 3%s '55. A&O 100 100 100 100 100 100 101 99 124% 101 125% 101 72 105% 104% 106% 105 2 97% 98% 67 69 17% 6% 40 80" 105 57 5S1H d 104«s« F&A F&A United Amusement Corp— lsts f 5sser A 1956 ..F&A 100 106 1st 5s (with stk) 1951..—.A&O Trask Timber 1st 3s 1944—J&D Union Rock 1st 6s s f 1947 J&J Shippers Car Lino— Equip trust 5s E 1942—.A&O 101% Serial debentures— Thermoid Co 5s • 15, 15, 15, 15, 15, 15, 15, 22 M&N Superior Oil 3 %s debs 1950.A&O Susquehanna Silk MillsSink fund deb 5s 193R ..J&D Swift & Co 2%s debs 1961-M&N 0.35% May 1 1942.... 0.70% May 1 1943 90 J&J f 6s 1947 J&D F&A f 17 Sunlight Coal Co 5s 1947...-J&J f 138 Without stock / 100 Sheridan-Wyoming Coal Co— s 20 1950. Extended 3-5s 1951 99 1961-J15&J 1954 20-yr 2%s s f debs 1st inc 3-5s Apr s f 1947 Sugar Pine Lumber Co— 1st M serial 6s 1940-1942-M&8 18% JX —M&N 1936 Jan. Jan. Jan. Jan. Jan, Jan. Jan. cum Summerfleld Hecht— Shell Union Oil Corp— 0.375% 0.75% 1.00% 1.25% 1.50% 1.75% 1.875% 2.00% 2.125% 2.25% 2.375% 2.50% Corporation— Secured 1st mtge s f 5 %s w w Securities Acceptance Corp— See Investing Companies. Serial notes— Starrett Struthers Wells Titusville— 87 J&D 1948 99% 99% debs 21 101 Studebaker Oorp 6s 1945 J&J Stutz Motor Car7%s 1937.-A&O 16 17 1st conv 3-6s 1951--——A&O Seattle Times deb 4%s 41-.J&D 2%s 103% J&J 106 16 M&N 100 11$ D 104 Stanly-Rowl-Clark 6s 1946..F&A 104 Scullin Steel Co— 99% 99% 99% 100 15-yr 2%s deb 1953 12 39% Stinnes 49 96% --J&J Sayre & Fisher Brick 6s 1947.J&J Shaker Co Inc 7s 15% As 1944 1.00% May 1 1944 1943—J&J 100 IIP, Dairy Products- Stevens & Thompson Paper— 1st ext 3%s 1958 M&S 9% g# Scnoenstadt (H) & Son 6s 1950 Schulco Co 6%s 1946 — J&J Guar s f 6%s 1946 ser R_. A&O Schulze Baking 1st 6s 1945--M&S Scovill Mfg 3%s debs 1950.-J&J 5 38 J&D/ 6% notes 1937 4%s 64 40 -A&O 1950 Superior Elevator & Forwadlng— 6%s with warrants Deb 99-% 101% Stand Textile Prod 6%s '42 M&S 74 1954—A&O Saratoga Victory Mills— National Bank announced on Dec. 31 a distribution at the r 103% 16 100% 106% 103% 107% each original 51,000 principal amount of debentures; $75.98 on 25, 1939. a Called for redemption; and 51.52 on account of interest. Previously paid 5% on July 7, 1939, and 5%% on Sept. b Basis. / This price includes accrued interest, k Last sale, n Nominal, r Canadian price. account of principle pages 98% 100% 87 / Saxon Pub Wks (Germany)— 1st extl s f 7s 1945 . F&A 103 Pittsburgh Coke & Iron Co— 1st mtge conv 4 Ms 1952—M&S 103% Pittsburgh Crucible Steel— 5s 1945 M&S 107 99 Pitts Steel 1st mtge 4%s '50-J&D Pitts Term W'house & Transfer— 1st ref 5s 1936 ...M&N / 3% Pocahontas Consol Collieries— 104 1st gold 5s 1957... J&J see 77 34 1945.M&N St Louis Gas & Coke Corp— 1st M s f 6s 1947. Gen & ref 6%s 1951 99% 99% 99% 99% 99% 99% 99% 99% 99% 98% w s Con v Income 7s Saltex Looms Inc 6s 103% 6s 1946.F&A ^ St Louis Rocky Mt & Pacific— 5s 1955 stamped. ------ - J& 70 103 1st 48 Southwest 24 1% 16 '44.M&N 18 Rocky Mtn Fuel 2%s 1953.. A&o / Holland Pap 1st 4%s A '51-M&N r 102% Roman Catholic Bishop^ ' 104 (Portland Me) 4s 1958—A&O 3-3 %s 1940-1948. 103% A&O 1st extd 6s stamped 107% 21* conv Southern United Ice Co— 32" 104 5% 99 f 6s Pittsb Brewing 6s Feb 4 107 21 Utii J&D Southern New England Ice— 1st s f 4 Ms 1967 A&O 16 40 93 Ice & 90 Southern Kraft Oorp-— 1st leasehold 4%s 1948... 16 7 105% 98% 98% 98% 98% 98% 98% 1946-M&N Phoenix Silk Mfg 7s 1943...F&A Pickering Lumber 4s 1952-.M&N Iron 1 st 99 15 J946 / "7" 94 A&O Sou St Louis Car Co— 5% 71% Spalding (A G) & Bros— 5s 1989 M&N Standard Ice 1st 6s 1947—-F&A Standard Oil Co (N J)—Debenture 3s 1961 J&D 106 Richmond (Va) Ice Co— 1st & ref 5-6%s 1947.-.-A&O 50 90 104% A&O 1st & ref 5-8« 1042 1st & ref 5%s 1955 104% A&O / Ruhr Housing 6%s 1958-.. J&J/ Sahara Coal inc deb 5s '40.M&N / 4t Louis Amuse't 1st 6s '45-A&O Penn Mercantile Properties— Secured s f 4s 1961--- _—J&J Penna Cent Brewing 6s 1937 A&O M&S Ruhr Chemical 6s 1948 96 102 99 S* west Lumb Mills 5s 1955. .M&N Rom Cath Church Welfare 7s 1946 / 110 99% 100 104 102% 100 100% __ f 4s 1952 Roman Catholic Church 6Ms 102 a 1 1948 1 1949 1 1950 Smith & Wesson 5%s 1948--J&J So cony-Vacuum Oil Co— 3s debentures 1964 —...J&J South Coast Corp— Gen mtge inc 6s April 1950 101% 104% 97% Richmond Cedar Works 6s 1953- / Richmond Hos Mills 53 1948-F&A . -. 101% 1st mtge »f4%s 1955——M&N Southern Brighton Mills— 1st 5s extended 1950— ....J&D Southern Ice Co— Roberts & Oake (Chi) fis Panhandle Eastern Pipe Line— 1st M lien 3s ser B I960--M&N Parmelee t, 1 1946 1 1947 Stern Brothers 6s Richmond Radiator 5s 1948 M&N Rlma Steel Corp 1st s f 7s '55 F& \ River Raisin Pap 1st 6s '45—F&A Pan Amer Petrol Co tot Calif)— 1st conv b t 6s 1940— Oonv 98 1 1945 Southern Advance Bag & Paner— Co— „ 102 15 , 74 104 99 1 1944 103% 104 105% J&J / 98 r 100% 100% 99% 104% 104% 1946----J&J/ %s assented 1946 - / Rhlne-Main-t)anut>e 7s '50 M&S/ Rhode Island Ice 5s w-« '51 -F&A / Richfield Oil of California— „ M&S 1962---J&J Pac Co ast Cement 6sA1942.J&0 Pacific Coast Co 5s 1946 J&D Otis Steels f 4 Ho A 105 100% 101 101 % 101% 102% 23% 59 66 3 Richardson & Boynton Cum income 4s 1945. 2% Nov 2% Nov 3% Nov 3% Nov 3% Nov 3% Nov 3% Nov 16 100% 100 % . 70 103% 2% Nov 1 1942 2% Nov 1 1943 98 1 '42 1 '43 85 33 103 2% Nov 1 1941 86 100 l%-2% June 1 & Dec 1 1944. 2-2%% June 1 & Dec 1 19452 %-2 % % June 1 & Dec 1 '46 2 %-2 % % June 1 & Dec 1 '47 2%-2%% June 1 & Dec 1 *48 Railway W^house 4-6s (w-s) '47- / Realty Bond & Mtge deb 4-6s '53 Reliance Grain Ltd 4%s 1952. J&J 180" Serial debentures— 97 72 M&S Ann Apr / war Signode Steel Strap 3%s '45-A&O Silesian-Am Corp 7s 1941 F&A Simmons Co Oonv deb 4s'52A&O Simpsons Ltd— 1st & coll 4%s A 1951 J&J Skelly Oil 3s deb 1950 F&A Slattery Co Inc 5%s 1954.—J&J Smith (Howard) Paper Mills Ltd 1st 4%g 1951 J&D Smith (L O) & Corona Typewr'rs 99 Remington Rand Inc— 20-yr deb 4 %s w w 19RB..M Va 4%6 without warr'ts 1956 M&S Republic Steel CiorpGen mtge 4%sser B 1961.F&A Gen mtge 4 %s ser O 1956 M&N Purchase money 5%s '54.M&N Restigouche Co Ltd 6s 1948-F&A Revere Copper & Brass— 1st mtge s f 3%s 1960---M&N Reynolds Met deb 3 Me '51—J&D 84 86 OceanSSCo(Savannah) 5s '43J&J 92 % O'Connor Moffat deb 6s 1948F&A 10 O'Gara Coal 1st inc 5s 1955 M&S / 18 Ohmer Fare Register 7s 1938.J&J / 62 Old Ben Coal Corp 6s (w s) 1948 11% Inc deb 7 %« (w s) Aug 1 1953. 101 Ontonagon Fibre Co 6%s 1944.— 65 Oregon-Am Lumber 6s ' 942 A&< > 101 Oregon Pulp & P 6s to '45--M&N 36 Oreg Terminals inc 5s 1945--A&( > 86 Osgood Co deb g 6s 1943 J&D 98" 95 84 1 *41 1 %-l % % June 1 & Dec 1 %-l % % June 1 & Dec 1 %-l % % June 1 & Dec 47% 2.00 ^ im 92" 99 95% Serialnotes— _ J&D N'west Pub's Deb 4%s 1948-J&J Northwestern Barb Wire Co— 1st mtge s 80 Purity Bakeries 5s 1948 J&J 104% Quaker City Cold Storage— lsts f5sl953 : 7..M&N /„, 12 Queen Dyeing 1st 5s 1944...J&J / 7 Radio-Keith-Orpheum C«»rpMldwest Oorp ref 6s 1940.M&N 94 Railway Express Agency Inc— 55 101 48% 50% 1947-M&N 98% Deb 68 2930 _ 50 A&O / 78 1946 Prov Paper Ltd 5 %s a 92. 99% 50 46% 79 Produce Term & Cold Storage— 1st income 6s 1958 J&D P^testant Church of Germany— 100 7% M&N 4HS1941-47.J&D15 / 1st 5s 1957 ...M&S r 2d conv deb 4« 1957 M&S r 1st 3%s 1942-1943.....-M&S r 102% --J&J 1937. Debgsf6Hs'51 with Siemens & Halske— Price Bros & Co Ltd— 95 94 Income 6%s 6s 103 , Potrero Sug 7s stmp 1947--M&N Pratt Cons Coal 1st s f 5s '55 J&J North Amerl 6%s Amer Tobacco— 1942 J&J Pressed Steel Car Co 5s *51--J&J Shipbuilding 1st 5s '46.M&N New York Trap Rock Corp—1st mtge s f 6s 1946 J&D 6s stamped 1946-.-------J&D Partic deb 2d mtge 7s 1946 J&D JNew York World's Fair 1939— Nlvelle Corp 4s 1952 North American Car-— 69 100% N Y Deb 4s 1941 60 66% NYLE&WC&RR— 1st 6s ext 5%% 1942 M&N NYLE&W Dock & Impt— Kquipt tr Shuron-Optlcal 6s 1951 Potomac Franklin Deb 4-6s 1953 Potomac Md Deb Corp 4-6s 1953 Potomac Realty Atl Deb Oorp— 4-6s 1953 New Haven 5s 101 Certificates of deposit---Potomac Bond Corp 3-5s 1953--Potomac Cons Deb Corp 4-6s '53Potomac Deb Corp 4-6s 1953 44 Union Mtge 4-6® A 54—J&J 3-5s series B 1954.—— —-J&J Nat Bid M&N •orto Rlcan Conv 6s 1943.-----A&O Coll tr s f 6%s 105% Bonds Ask Bid Bonds Portld Woolen Mills 6 %s*44 National Supply— June, 1941] INDUSTRIAL MISCELLANEOUS & 83 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 Bid United Oigar-Whelan Stores— S f 6s Oct 1 1952 A&O United Corps Ltd in^ 5s 1953 F&A United Drugs 5s 1953 M&S15 United Elec Goal Oos lnc 7s 1946. United Grain Growers Ltd— 6s series A 1948 5 34 s series B 1949 J&J 68 % 61 8554 Serial lnc-— 134-4s serA 1979 2d mtge 9834 10034 8 Cum incls-4s ser B 1979 Va iron Coal & Coke 5s '49.M&S 30 Vulcanite Portland Cement— 5 1st 7 34s 1943 -M&N Wabasso Oot'n 48-434® '51—*"&A 83 100 100 Walworth Co 6s 100 1.375% due Nov 1 1944 1.50% due May 1 1945 1.625% due Nov 1 1945 1.75% due May 11946 1.80% due Nov 1 1946 1.85% due May 11947 1.90% due Nov 1 1947 1.95% due May 11948 2.00% due Nov 1 1948 2.05% due May 11949 100J4 10054 10054 10054 10134 10034 2.10' due 10054 101 100 54 101 100 54 100 54 May 11950 2.20' due Nov 1 1950 2.25' due May 11951 2.30'% due Nov 1 1951 10054 , 2.35% due May 2.40% due Nov 2.45' due May 2.50<% due Nov 2.55' due May ~ 2.60' 101 11952 1 1952 1 1953 1 1953 ... 11954 due Nov 1 1954 2.65^% due May 11955 United Steel Works (Germany)— 6348 series a 1951._ J&D 334« assented A 1951 634 s series C 1951.. J&D 3 Ha assented O 1951 6Hs series A 1947 J&J 3 Ha assented A 1947., United Stockyards Oorp— 15-yr coll tr 4 34 s A ww '51 A&O Universal Sewer Pipe 6s 1943. J&J Utah Ice & Storage (Colo)— 4-5s 1954... J&D Vslvoline Oil ext 5s 10034 10034 10034 10034 10034 10034 10034 Warren Conv t Canadian dollar value. Canadian price, y a M&S .A&< 1 93 9434 9434 M&S / 1941 f deb 6s 12 10234 3l" Wheeling Steel Corp— 1st mtge s f 3 34s ser B '66.M&S 92% Whitaker Paper 7s 1942 105 M&N Wick wire Spencer Steel— 7s certificates of deposit 1935— / 1034 Prior lien 7s certificates 1935— / 1034 5-year 7s ser A 1930 J&J f 1.70 1.75 800 "900 2,500 450 660 52 650 225 225 "900 350 63 300 4,100 501 3,566 Ang Stock Exch 211 68 Milw Grain & Stk. Minn Ch of Comm. Minn-8t P Stk Ex. 1.30% 1.35% 3434 142 150 "150 523 18 500 500 1,000 Los Montreal Curb Ex. Montreal Stock Ex. New 61" Orl Stock 100 t/80 Ex St Louis 9234 U.600 112,000 500 Ex. 70 200 100 41 Phila Stock Exch.. Pittsb Stock Exch. Exchange. • 475 100 200 300 450 500 "250 Salt Lake 8took Ex. San Fran Stock Ex. 42 69 25 525 "566 200 75 500 10,000 Seattle Stock Exch \ 1134 1134 1134 Seattle Curb, & M 95 Toronto stork Exch 500 500 f Standard Stk Spokane 10534 10334 75 Exch 15 Washington Stk 500 113 33 Vancouver Stk Ex. 118,000 40 _ 150 500 13,000 11,000 255 464 1950 Ex Winnipeg Gr Exch 87 b Basis, 900 41 New Orl Cotton 10234 1941 _M&S / 58 J&J / 58 Secured 6s 1945 M&S 92 Wilbur-Suchard 4s 1952 / 24 Wilson & Co 4a ser A 1955—J&J 10534 Conv debs 354s 1947——A&O 103 34 110. 1,200 3,750 Detroit 8tock Exch Wheeler page 300 20 210 Ft Worth Gr & Cot 65 see 50 2,2 0 Kan City (Bd 0/ Tr) 64 Called for redemption; 59 Cleveland Stk ExcL 99 Unstamped Weyenburg Shoe Mfg— Debenture 44s 1945 ----J&D 9634 197 Cincinnati Stk Exch 63 100 275 919 Chicavo Stork Fxoh 101 61 1st 4s 1953 Last sale Boston Stock Exch. 125 Chicago Bd of Tr.. 1,549 Chic Merc Exch 473 93 102 Osgood Co 6s SEATS Baltimore Stk Exch 94 3234 6234 100 34 101 Assoc membersh. Western Grain Co 6s 1949—J&J / Western Newspaper Uninn— Conv deb 6s 1944 stpd—_F&A 9354 10234 10034 f 3 %s ser D '60 M&N N Y Prod Exch 10434 101 30 102 M&S No. 5734 5634 Express— Eq tr 4Hs ser D 1941-44..J&D 434s ser E 1941-1945—M&N 95 10131 1,375 $27,000 $23,000 $30,000 450 3,900, 3,3.50 4,000 N Y Cof & Sug Ex. 344 2.4001 2,900 1,650 N Y Curb Exch... 550 1,000 "466 Commodity Exch— 864 405 "455 Western Fruit 32 87 10034 9834 N Y Stock Exch... N Y Cotton Exch.. 19" 51 5534 _ 30 s EXCHANGE 9334 50 1734 534s notes 1937 M&S f (S D) Co— 1 st mtge s f 4 Hs 1952 M&N 10334 Conv aeb 4 34 s 1952 91 —M&N Watab Paper 1st 634» 1942--J&J 90 Webster 1 '&< l 1st g »s '42 op M&S 99 West Va Pgh Coal 6s 1947— f 8 West Va Pulp & Paper Co— 1st mtge 3s 1954-.-J&D 10234 Western Auto Supply Co— 3 34s s f debs 1955 —M&S 9834 Vertlentes-Oamaguey Sugar— A&O 1st mtge Warren 102 100 , 80 Bros Co— s 68 9934 78 3634 95 5s 1951 35 97 Warner-Quinlan Co 6s 1939.M&S f Warner Sugar Corp 7s 1939.J&J f 98 conv Conv 4s debs 1948 33 1947.-M&N 1st cbll 105 A&O Warner Co 10134 101 % 10154 10154 10154 10134 10134 10154 10154 10154 10134 10134 10154 10154 68 65 Youngstown 8heet & Tube— f deb 1955-A&O 6s debentures 1948 1st 6s 1944 I61"34 24 Gamp's lnc 1st 6s 1943..J&J Van Dorn Iron Wks 7s June 1 1942 104 Warner Bros Pictures— 100 101 s 20-yr 1st mtge 4s 1955 100 due Nov 1 1949 2.15< 10034 10334 53 51 Yates-Am Mach 3-6348 '44.A&0 York ice Mach 6s 1947 v&O Debenture 6s 1943 J&D (Hiram)-G & W— 434s 1945.--.------J&D Waltham W'tch & CI k 6s 43 J&D Walton Lumber 1st 6 34s '41 Q-Jan .875% due Nov 1 1942 r 85 Deb 84 4 348 series A 1952 J&J Woodward & Tier nan Print— 6s 1942 J&J 58 Walker 99% 57" 67 Walker Coal & Ice 6s 1945..M&S 86 1.00% due May 1 1943—.. 1.125% due Nov 1 1943... 1.25% due May 1 1944 Van 5 54 68 Woods Manufacturing Co Ltd— 3 34s series A 1942-1945 —J&J 4s series A 1946-1947--.--J&J p... 20 debentures— .625% due Nov 1 1941 .75% due May 1 1942 36 77 Witherbee Sherman Lnc— Extend Income 6s 1963 —M&N Wood & English coll 7s 139..M&N Woods Bros Corp 6s 1937..A&O 934 Ask Bid Bonds Wilson (W P) lnc 6%a 1945.M&N Virginia Hot Springs Co . United States Radiator Corp— conv deb s f 5s 1946 F&A United States Steel Oorp— Ask Vicana Sugar Co 6s 1955_.—J&J /• 334 Victor Fuel 1st s f g 5* I ';>3. .J&J 33 Va Hardwood Lumber 6s 42.J&D a 10034 9934 17 X 19 - Bid Vertientes Sugar 1st 7s 1942— Certificates of depos t 72 54 63 85 % 97% 99% M&N U nlted Industrial 1 st 6s 1945 J&D Deb 6Ks 1941 M&N U h Finishing 5s 1944-J&J Bonds Ask /This price Includes accrued Interest, '600 k Last sale, 80 seats, 70 members. n 1,000 Nomina Joint Stock Land Bank Bonds and Stocks Quotations Bonds Bid Atlanta 34 8, 134s Atlantic 134*. lHs— for the last day of the month preceding the date of issue. Ask 99 99 Burlington Chicago Denver 134». 3s First Carolina 134s. 2s First Montgomery 3s. 334s First New Orleans Is, l>4s First Texas 2s. 234« First Trust ot Chicago— Refunding 1 & 134» Fletcher 34s, 334« Fremont 434s, 534s Illinois Midwest 434s, 5s... Indianapolis 5s... Iowa 434s, 434s r are Bonds Bid 9 11 234 234 99 99 99 9934 Lincoln 4 34s Lincoln 5s Lincoln 5 34s 97 87 H*. Is.. 9934 4034 9934 Phoenix 5s Phoenix 4 34s St. Louis 23 San Antonio 34s, 2s Southern Minnesota Southwest (Ark.) 5s 993*4 1534 9934 Company in receivership. Quotation shown is for all 60 100 92 100 80 48 90 15 19 Des Moines First Carolinas. Fremont 100 100 54 100 2 100 5 8 100 1 5 North Carolina. 25 100 110 5 120 100 45 50 San Antonio 17" Pennsylvania... 100 130 140 Virginia 334 ... 3% 9234 9934 Union Detroit 234s Virginian Is 98 100 Ask Lincoln. 100 99 90 New York 100 72 100 42 Bid 100 Denver 89 100 Par Dallas 94 Oregon Washington Pennsylvania 134s. 134s. 99 Stocks Atlanta 99 New York 5s. North Carolina 9934 Ask Atlantic l^afayette 34s, 2s 99 maturities. x Ex-dividend. Investing Companies Stocks and Bonds Concluded from page 71 Stocks and Bonds Par Bid Per Seaboard Commercial Preferred w w ..10 12 $2 9 50 Seaboard Finance Corp Stocks and Bonds 1034 .... "5" 1 ♦ 22 * 100 cum pref ww Ask Sovereign invest, lnc com Spencer Traak Fund lnc Standard Amer Trust Shares . Standard 22 24 40 45 25 434s conv debenture 1950-J&J Securities Corp General com— 1 2234 24"" 98 9934 $5.50 preferred Standard Utilities lnc ♦State St Investment Oorp Super Corp of America— Class AA-. Talcott (James) com Securities Invest com * Preferred 100 Selected Amer Shares lnc-.--234 Selected Income Shares 1 3334 Selected Industries 34 4334 134 % 4634 43 46 76 79 cum preferred.. Second Carey Trust Oorp— 4 6% preferred 1 com $5.50 prior stock 25 Convertible stock Allotment certificates 5 ... % 100 7.56 3.44 8.25 «• — 2 Shawmut Bank Inv Trust— 134s 5s • Mar 1 1942 March 1 1952 M&S M&S Quotations not furnished by Bid Per 24 Securities Acceptance Common Par share 74 sponsor or issuer. Ask 1 5.29 5.86 * 12.32 13.08 1 234 Par Bid Per Trustee N Y Bank Shares ♦Trustee Stand Invest ser C ♦Class 3 Investing Corp— 1 1.08 1 * 7 8 18c 21c 5734 • 6034 ♦Series B 5.00 4.80 15.58 1.95 9 3% 34 3534 43 49 U 8 & 8 13 34 1.50 2 • 5834 34 4934 & International Sec • $5 1st preferred with warrants. Util Equities Oorp com 10c . Am dep rets ordinary £1 Am dep rets deferred.£l Transamerica Oorp 2 TrI-Oontinental Oorp common—1 $6 preferred Warrants 5s conv deb 2% 34 434 134 61 1034 134 434 134 64 Convertible preferred 34 1953 J&J Trusteed Amer Bank Shares B_25c Trusteed Industry Shares 25c a J5.50 & Industrial Oorp lity priority stock % 105 % 44c 107 % 49c 66c 44 1 % 1% 6 -.7 75c Wellington Fund 3 M 10134 Foreign Securities com—• $6 1st oreferred U 17" 03 334 Union Bond Fund B Union Investment common... Conv deb 5e 1946 M&S U S Elec Lleht & Pow tr ctf A.. Trust ctfs series B 1 1.15 1.89 1 ... Ask share 1.94 1 D ♦Trustee Standard OH shares A.l * 50c 534% partic preferred 50 Tobacco & Allied Stocks Inc.--- * Tobacco Securities Trust Ltd— * No par value, Stocks and Bonds share 1 12.95 Western Reserve Investing— Deb 634« 1944. F&A 45% 4 14.25 10134 Called for redemption see; page 110. k Latitats. n Nominal, x Ex-dividend, Quotations for all securities are as near as possible for the closing day Ask Bid Par Stocks Per Stocks Bid Pat share Co 10 8 . 98 99 23 83 101 C&ma Grove Cot 20 25 * 70 75 7% 6 Apponaug Oo * Arlington Mills—100 1 100 Atlantic Rayon. Bates Mfg Beacon Mfg— 33 k 36 % 3k .3% 4% ... 3 Spinning Oo——* 6% preferred * 5 58 63 34 39 16 14 6% Botany Worsted5 $1.25 preferred .10 Bourne Mills——.* Mills class A _ «!" Gleve Worsted Mill Common —* 13 % 30% units.....— General Cotton—* 6k % 5% 32% 22 Gosnold M (N B)_ Preferred 100 5H 12 44 19 Hathaway Mfg.. 100 90 Kendall Co com 9 98 27 * $6 part pref A._ * Kilburn M (N B).75 Ludlow Mfg Assoc.* Luther Mfg 100 Martel Mills- 11 99% 65 18 75 110 18 115 Erwin Cotton Florence Mills 100 22 29 25 83 33 Gaffney Mfg.....50 Conv pref.....10 87 100 2k 74 9H 8% 43% 4 79 11 H 29k 33% New Bedford Rayon class A..25 11 8% preferred.. 100 Newmarket Mfg * Nonquitt Mills .* North Amer Rayon— 18% 18 H 51% 12% ._* 6% prior pref. .50 Pacific Mills .* Patchogue Plymouth Mills com....—* CO 00 100 CO guissett Mills...100 ich Borden Mfg— 19k B* 13% CO 00 00 CO eo\N# CO CO rHTj4© Preferred.. 3 Saco Lowell Shops k * 14k 19k mm mm mm mt 30 16 k 21k 21 33 26 5 6 preferred. .100 85 90 SouleMill (N B).100 30 35 Tubize Chatillon.. 1 Class A 1 7 % preferred. 100 5k 35 102 k . 7k 19k 33k x 5k 35k 104 k 8k 20k 35 liinford Mills Majestic Mfg.. Marion Mfg Oo May McEwen Kaiser 32 34 ilk 13k 12 k 14k Southern Mills 5 , lk 2k 18 20 29 15" 13% Musgrove Cotton "§k ,22k 50 k 80 24" 7 % preferred—100 1 $2.75 conv pref— * Calhoun Mills....50 Callaway Mills—..* Cannon Mills——• 98 16 101 49 Cons Min & Smelt.6 43 Copper Canyon. 10c Copper Range • Cornucopia Gold.5c 32 Cresson Consolidat. 47 Gold Min 8c M._1 Dome Mines Ltd—* 47 26* Without par value, % 15 a .— 16k 9k 9k 3k 2.50 29 45c % 1 3k 3k T* * lk "7k REAL ESTATE TR & LAND STOCKS 3k e — k e ... e — 6k k 2.60 nj% City RE T(O)—500 Congress St Associ¬ ates (Boston). 100 Factory Bldg Tr.100 Fifty Associates (B). Hotel Tr (Boston) 100 Kimball Bldg Tr 100 23 e 14 5 50 2 ... 2 e __ e ... 200 5 e e —. 1 k TITLE 36c 43c 5k k> GUAR¬ & SAFE DEPOSIT STKS. Amer Title & Guar25 5n 95c 1.4k 8 1.10 14 k 8k 100 7 % preferred. .100 11 13 55% 58 Zinc, Inc 1 Federal Mining & Smelting.... 2 6k Bankers Bond 8c Mortgage Guar. Columbia (D O) _ k 14k * 5 16 5 EmpireTitle AcGulOO Real Estate (DO) 100 160 Title Guar 8c Trust of New York 20 West Jersey Title & 2k 2 15 E vans-W allower General Tin 103 Golden . _£ Cycle Oorpl 0 Guar Co 43 ik 2k 23 k 24 k ™A 39 lk 40 Goldfleld Consol 85 22 80 20 4 Power common..5 Greene Cananea 25 84 88 99 99k 102" 75 70 100 28" 26k 5kc 29 Mines 1 Copper Oo 100 Mining. —25c Hollinger Mines 5 Homestake Mining Hecla common .... 12k Howe Sound Oo 5 Hudson Bay Min 8c Smelting ,.* Idaho Md Mines.. 1 Illinois Zinc. * 80 9k 85 4k 23 J* 12 ._i— 98 94 27 5k 8k 46 W 29k 1534 16 5k 10k 5 10 20 Internatl Mining—1 Island Creek Coal.l $6 preferred— 1 . Ilk 3k Ilk 3k 27 28 Cop..25 Jardlne Mining 1 "lk 20c 40c k 10k Lake Shore Mines. 1 Lava Cap Gold Mini Louisiana L'd 8c Ex 1 65c 70c 92 National Tunnel and Mines com..* 2k New Jersey Zinc..25 Newmont Minlng.10 62 63 27k 28 15k % 18 k Noranda Mines * North Butte 2.50 32 k 25c Rosario 10 Mining Com 18 54 115 110 Called for redemption; see page 110. 4c 21k 12k 13 Preferred B 50 Oriental Consol Mining———..10 Pacific Tin Consolidated—-.1 "2k k 15 3k 19 4k 3k 3k lk lk Patino Mines 8c Amer shs ctfs_.10 Pato Consol Gold 7k 7k 1 lk 6 5 21k 5k 2k k Preferred .100 Aetna Stand Engine* Agfa Ansco (Del)—1 Agnew-Surpass Shoe 10 24 5k 3 H 10 Common ._.—.* Preferred —.—100 Alnsworth Mfg....5 Air Associates (N J) 1 5k 6 14 4 r 105 4k 9k k Air Oommunicat'nsl Aircraft Accessories 1 Aircraft 8c Delsel "4k 10 1 18 Equipment..... 1 Airplane 8c Marine Direction Finder 1 Airplane Mfg 8c Sup 1 1 2 Air Keduc'n com..* 39 _ 1 k Albany Packing. 100 Preferred.; 100 Alberene Stone of Va Vot trust ctfs.._5 Alberta-Pacific Grain class A * Preferred.-.100 Alexander Dept Stsl Alexander Hamilton Inst &% pref.. 100 Preferred 39k k 9k 75 * 166"" 94 5k 5 r r Algoma Steel com.* Enterprise— 16 15 Industries Alaska Pac Salmon* 6c k 25c Mines......——I 100 ,75 24 1.00 5k "6k 14 5 -g-T 52 59 lk Dredging Pioneer Gold Ltd—1 Polaris Mining—25c e 20 19k Technical Inst—.l Aero Supply Mfg— Air-Way Electric Appliance oOc Park-Utah Consol 34 125 9 45k 43 k 18 tigraph Corp... 10 20c Rumely..* Aeolian Oo— 6% preferred A.50 _ Utah... 1 Oklahoma Interstate 8 16 % 33k Ohio Copper of 89 16 52 119 56 120 2k N Y 8c Honduras Nipissing Mines...5 -—.10 126 9 68 32 5k 32 12 k 17 4k 6k 43 k 40 Warrants Aetna Rubber- k 2k 2.00 k 3k 4k Aeronautical Oorp.l 35k k 2k 1.80 6 62 60 Advance 25c 7k 66 72 4 10 Addressograph Mul- 30c Canada........* Mt Oity Copper—5c 23 61 68 47 k 59 Abraham 8c Straus. * Acme Steel 25 Acme Wire———10 Adams Millis. 15c 35k 5k 26k 32 k 7k 120 35c 20 7% preferred—100 10c Kennecott Copper.* Kildun Mining 1 King David Min.50c 8 88 46k 117k 4k% conv pfd 100 Abbotts' Dairy * Abercrombie & Fitch Common —.1 $6 preferred —.75 Aberfoyle Mfg—100 Preferred.. 100 Abitibi Pow & Pap.* 0% preferred .100 Class A————.1 Class B 1 25 k 25" 23 20c A B Stove.———* Abbott Lab'tories.* Aero 134 Isle Royale Magma Copper OolO MclntyrePorcuplneS Miami Copper....5 Mining Corp of 8 6k 99 INDUSTRIAL AND MISCELLANEOUS . Kirkland LakeGold 1 13 105 4k 150 50 Adel Precision Inspiration Cons 11 8c Granby Cons M S 8c 105 —100 k. ANTEE 73" 11 Mills..* Mines. 6k 22k 74" 25 Thomaston Cotton Mills common -100 Washington MlllslOO 2 k e 6k 21k 126 69 120 8 WalU.ce Mfg Co Ware Shoals Mfg 100 7% preferred.. 100 43c Boston Wharf...100 24 41 Rowan Cotton Mills Saxon Mills.. 50 Smyre (A M) Mfg 10 7% preferred Southern Bleachery 8c Print Wks— * Preferred.. .100 Southern Franklin Southern Webbing Mills .10 Southern Worsted— 1st mtge notes Spartan Mills. 100 Startex Mills ..20 Sterling spinning.Stowe Spinning Textiles Inc com—10 Utah Metai 8c Tun.l Walker Mining. 1 White Knob Copper Preferred 10 Wright Hargreaves Cent BldgTr.—lOO Chic R E Trus's. 100 k Ltd 10 Evans Wall Lead— 8 * 2 11c 6 Empire Star Mines 81 com ik ik % Standard...! Mining. .1 Bd ofTr Bid Tr.100 Bos Gr'd R'T Tr 100 Bos R E T(Bos)-100 Bos Stor W'h'se.lOO 30 % lk 8k 3k % 5k k 20 30 6% preferred-.100 Preferred lk 6k _ Eagle Pkh Lead..10 Preferred 100 Copper 16k West Point Mfg..20 50k Wiscassett Mills Woodslde Cotton.20 28k 34k, Ex-dividend. 45 42 Riverside & Dan Riv Common— 25 Wellington 5 Coppermines 5 Riverdale Mills— 7% preferred—100 2 Copper Corp..—* 80 97 66 28 Victor-Monagh'n 100 46 3 1 6k r 3k 4k 28c 26c 116 62 19 8 88"" k 22c Olemenceau Min 25c Consolidated 80~ 76 69 7% pref—100 2d 5% pref... 100 80 84 43 26k 9k H I4 78 64 1st 8 5 Zino-Lead Co 1 Calumet 8c Hecla—5 Central Am Mines. 1 Central Eureka 1 Cerro de Pasco 5k 52 9 Black Hawk Consol Mines—1 Bol Inca Mining 1 Bralorne Mines Ltd* Co vi Copper Land 8c Mining 25 26k Mining Co 50 Andes Copper M.20 Bagdad Copper—5 Bulolo Gold Dredg¬ ing, Ltd. 5 Bunker Hill 8c Sull'nM &C—2k Butte Copper & 4 k 29k Union 46 25 20 Mills 100 Norris Cot Mills Orr Cot Mills...100 7 % preferred Pacolet Mfg 100 7% preferred ..100 Perfection Spinning. Pickens Mill....... Piedmont Mfg—20 105 7 5k .1 Smelting— Chief Consol Min—1 Newberry Cotton Common 6 Chile Copper 25 Clear Creek ConsCommon 10c 64" 7% preferredlOO Southern Weaving.* 4 3k 87 60 7% preferred--100 5 Tonopah 116 50 Nat Yarn Mills 5 Tintic $5 prior conv pf Anaconda Copper k So Am Gold & Plat.l Stand Silver-Lead .1 Sunshine Mining. 10c Teck Hughes 1 STOCKS 16 4k % 28% 3k 10 Silver King Coal 120 24 10 . Joseph Lead share k St Anth Gold M...1 St Shattuck Denn.. 50 114 82 6%% pref—100 Union-Buffalo Mills iVA 76 Burlington Mills t New stock. * Preferred. Arcade Cotton Mills. 25 Avondale Mills 1 Belton Mills (SO) .25 Preferred Bibb Mfg.. —.100 Brandon Corp A.100 Class B * 3 130 * American Enka— American shares.* Amer Yarn 8c Proc— Anderson Cotton Mills 100 100 1 common Process MINING Ask 15 • Premier Gold M 1 Preston East Dome 1 Quincy.. 25 Roan Antelope Min Ltd Amer shares ii% 68 —100 Limestone Mills— Poe (F W) Mfg.. 100 Preferred 20 Sagamore Mfg (F R). .100 Sanford Mills.....* Skenandoa Rayon.* Preferred 20 Cotton Monarch Mills.. 100 Mooresville Cotton. See Borden— Roxboro Knitting- Appleton Co * ... Mills Mill pref—100 Mock Judson Yoe— See Indus. Stocks 39 28 26 * Abbeville Mills Acme Spinning Alabama Mills. 20 110 $4 preferred 13 80. 34 120 151 Callahan Mills- Highland Pk Mfg 20 6% preferred Co N J Worsted— Preferred.; 100|r Montreal CottonslOO r Preferred—.100 r * r Penmans Ltd com.* r Preferred 100 r Wabasso Cotton-—* ' Zinc 56 52 18 . Graniteville Oo Laurens Mills 10k 48% io k 8 100 United Elastic * Utica Knitting...50 6% preferred 50 Utica & Mohawk Cotton Mills.. 100 Wamsutta M 100 Wayne Knit Mills.5 oVA 30 Gainesville Cot Mills King (J P) Mfg. .100 Bleachery 8c Dye Works com 10 Naumkeag Steam Common 36 34 Lanett Nashua M (NH) 100 1st preferred.. 100 2nd preferred 1 Pepperell Mfg 20 100 . Preferred Judson Mills A pf100 Preferred B 100 24 23 Preferred 100 Nashawena Mills..* Com class A Com class B 20 80 100 ... Mills pref.. Common... Inman Mills 2 26k .Units Merrimac Mfg..100 Preferred100 Mt V-Woodb Mills * 100 20 preferred— EOrdMfg— Industrial Cotton 101 lk Preferred-—.. price, 23 Imperial Yarn Mills. 96 • 6% 20 Hartsville Cot Mills 20 Common Cotton 12k 68 7 % preferred.. 100 k Preferred.---.100.r 116 Ltd...* r 70k Domin Text Mining———10 Preferred ......20 Hamrick Mills Hanes (F H) Knit.5 21 107k Alaska Juneau Gold 12 Grendel 46 Prior preferred-25 Hartford Rayon vtcl _ ,8 64 Gossett Mills 27 14 95 American Zinc Lead Mills—.. 8 Pond Creek Pocahontas 18 16 Converters. 100 Can Cottons Ltd 100 Can 47 Glenwood Cotton Globe Knitting. .2H Goodall Worsted .50 . 6 110 Bid Par Per "2k 43 20 7 % preferred- -100 Durham Hosiery— See Indus, stks 7 % preferred. 64 % Franklin Process..* Fruit of the Loom (Baltimore). 2 Fulton Bag 8c Cotton Mills * 9% 26 14 * 100 Draper Corp Farr Alpaca 16 14 100 100 Preferred.. Mfg Cabot 2k 4% 1H 3k 66" 62 7% Brighton Mills-— 86 0% preferred-.100 Flint Mfg Oo 10 12 10 Stocks 23 Dwight Mfg— .12k Eagle Yarn Mills— Easley Cotton Mills 7 5k * 100 51 Spinning.. Dunean Mills Beott Mills.—— Borden (Richard) Mfg Co com Border Oity Mfg 47 ..... 86 104 84 Darl'gton Mfg(S 0)5 Drayton Mills. 20 5 4k 26" 99 80 Dallas Mfg (Ala) 100 95 v' Chiquola Mfg —20 6% preferred Clifton Mfg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) Common 100 Converse (D E) .100 Crescent . Preferred 100 Beaunit Mills.—10 $lk conv pref.20 Berkshire Fine share 9 100 common 8% preferred- Ask Per Canadian Mills Chad wick-H«»«kins STOCKS * Bid Par Stocks Ask Per share TEXTILE Northern Mills Amoskeag Co Preferred- of the month preceding the date of issue Hi lk Purchaser also pays accrued dividend, k Last sale, n Nominal, r Canadian June, 1941] industrial Quotations for all securities Stocks Bid Par Ask & Stocks Par Bid Steel Corp Amer 7% pref Maracalbo.-l 21% 21 * 100 Amer Metal Co 105 * Industries 1 Allentown Portland 7% "8 6% preferred. .100 American Meter * American News Co * Cement pref Common AJIes & Fisher Alliance Realty 9 10 Amer Optical Amer 16% 115 Ordnance Allen Preferred Allied Chem Corp 10 10 is * ClassJB 5 Amer Products Dye ♦ Allied Kid Co com.5 145% common 10 CI A conv._.._25 Common 10 Allied Stores Corp.* 11% 12% 4% 12 J* 6% preferred 10 Allied Prod (Mich) 21 4 Common 10% Aluminum Co 15* Amer Am Common ...18.50 American 4%% 6% preferred..100 Alum Goods Mfg..* Aluminum Aluminium 4 20 * * conv pf * 31 * 6% 42 % 10 % 12 j Line--5 Bemberg com.* 100 4% 105% 62% 3» 11% 14% 6 Foundry * 5%% conv pf.100 American Can 1% 24 25 5% 5% 5% 4% 25 78 % 170% Properties * IX 26% 69 % * non-cum pflOO Amer Car & Fdy Motors 5% conv 100 pref. 100 Chicle 2 26% 70% % 4% 7* 18* 105 * 8 19* 112% 99 103 6 Cigar Co ..100 6% preferred 100 160 Amer Coal (N J)..25 Amer Colortype__]0 9 5% preferred.-100 65 6% 75 non-vot 32% 35% 10 12% 11% 11% 3% ..10 10 Distilling pf 10 Amer Dist Teleg * 5% preferred--100 98 Amer Dredging.. 100 American Encaust c 60 Wi 12% 12% 12% 4% 103 70 . . 14 Vitrified Prod.* Preferred * Amer Wind Glass— Class A 100 * Wringer * Writing Pap_* Amsterdam Trading American shares. Anaconda Wire & Cable common..* 1% 1% 7% 16% 7 11% 1% 4 Corp Andian Nat Corp..* Angostura-W uppermann Corp 1 Anheuser Busch__20 Animal Trap... * Antilla Sugar 100 Apex Elec Mfg * Applied Arts .1 Appollo Steel 10 A P W Paper 5 A P W Prop cl A..5 Archer-Dan-Midl'd * Arden Farms 1 $3 partic pref Argo Oil... * 5 Ark Fuel Oil pref. 10 Armour & Co of Del guar pref. .100 $6 conv pr pref..* 7% preferred. .100 Armstrong Cork * Armstrong Rubb A* Arnold. Constable.5 Print Wks_* 5% preferred 30 Equipt Corp_.l Elec?10 Associated 28% 45% 1% 28 29% Foamite Corp 10 5% 70c Am Laund Mach_20 19 20 Amer Locker classA* 11 13 Amer Locomotive.* 7 % preferred 100 Amer Mach & Fdy_* 11% 83% 86 Am Mach & Met..* 4% 15% 11% 4% 17% Class B * . Am Maize Prod . * Am Mfg Co com. 100 5% preferred. .100 3 12% 22 m 81 * com 6% 1st pref...100 SS Lines a 5% pflOO Atlantic Refining_25 4% conv pf A. 100 Atlas Drop Forge..5 Atlas Plywood * non-cum 1% 7% Preferred...30 46 13 % 33 12?- Warrants Baldwin Rubber 1 Bancroft (J) & Sons* Preferred 100 5% 2% 36 33% Barber Asphalt. ..10 Barber & Ross— 3% i!* 4% 4% 23% 109% 24% 110% % Powder * 5% conv pref.. 100 Atlas Tack Auburn Cent Mfg. 5rA m 1% 23% 13% 112% 2% 26 1 62% 1 2 BarnsdallOil 5 Barnsdall Refining. 1 Bartgis Bros com__l 6% conv pref. .25 Basic Refract's 1 4% $5 * r A* 5% preferred.. 100 Bayuk Cigars * 79 90 Beaton Pref * x-w Bearings Co (Am).* see page c/a 3/ „ % 66 18 331jc Benson & Hedges..* Conv preferred..* 18 2% 7% 18% 3% 15 10 '6% 7% prp.erred_.100 Beryl Hum Corp * 8c Cement com__l * Beth Fdy & Mach.* Preferred 50 Beth Steel (Del)...* 2% 27% 20% 107% 6 Fdy & Machine..* it* $3 preferred * Black&Decker Mfg ♦ 2!* lls 7% preferred.. 100 Budd Wheel * 7% preferred-.100 Bullard Co Bulova Watch __* * 1 * % 7% 103 29% 4* 2% 47 26% 32% 6% 4% 27% 2 5 Butler Bros 28% 3 1% 75 3_ _% 8% 101 5% conv 10 4% 19% ._.* 50 Preferred 69% 122% 2 Byers (A M) com. _* 7% part pref. .100 Byllesby class A * 85 Class B \VA Preferred 104 4 10% 105 * Byrndum Corp 1 Byron Jackson ._* Cable Elec Products Vot tr ctfs 50c Common 50c Calif Pack Corp * 2 5% preferred 50 Galamba Sug Est.20 Callite Tungsten. .1 7 Cambria Iron 4 Campbell (AS) 46 50 Campbell Wyant Cannon Fdry 1 & * 6% 7 15 Canada Bread.. • Preferred .100 Class B pre! Canada Cement 14% 14% 22 21% 10% 6 77 % 22% 11% 6% Boeing Airplane—5 14% 1 17% 23 90 14% 1% 20% 7c 6c 3 3% 19% ""% 7% 83% ...* 43 18% 6% 10% 16 pref. .30 Butterick Co 21 69% 121 7% 13 % . 23 * %6 Burry Biscuit. 12 %c 7% Bush Term Co com 1 6% preferred * "7% Bush Term Bldgs— 7% pref ctfs-.lOO 1 6% conv pf 25 5% conv pf 25 Bloomingdale Bros-* Blumenthal (Sid)..* 7 % preferred 100 - 6% a % % 33 Bliss (E W) Co 4 70 * .5 * . 10% - Am dep receipts.. 30 Co 1% ft* ial* Buda Co com 100 Budd (E G) Mfg..* Machine „ 50 8% 18% ss p 4% 10% 1% 35 * 3 6%% pref 100 Canada & Dominion 60 Sugar Co Ltd * Can Dry Ging Ale .6 15% 10% Cana ia Forgings— Class A * Class 15 * B * 72" Canada SS Lines..* Preferred 100 72 27 46 95 Buckeye Pipe L..50 Buckeye Steel Cast * Bucyrus-Erie Co..5 7 % preferred-.100 Burroughs Adding 12 « 24 $5 preferred.. _* Brunswick Site 10 Burns Bros Coal.. 1% Bohack (H O) com.* 1st preferred ..100 23% 64% 116% 20 36 24 % 102 % ...__* Laughlin. 2 * 30 _ 40 Billings & Spen...25 Bing & Bing. 5 Preferred 30% 11% * 32 26 * Blaw-Knox Brown Shoe 5% % 24% 37 % 100 Bliss & 1% 171 Bruce (E L) Co 5 Bruck Silk Mills...* 34% 34 * 19 4% 3** Preferred 50 Burkart ^F) Mfg— Common 1 $2.20 preferred..* Burma Corp Ltd— 10% com Carpet 6% Distillers Corp..* $6 preferred * Brown Rubber 1 Burger Brewing...* * _ * 56 55 56 Limestone $2.50 preferredBigelow-Sanford 1 Class A pref Forman Burdines Tnc Preferred Berkey & Gay Fur¬ niture common. .1 Borland Shoe St—* 4% 6% 112 7% Belding Hem'way..* Bell Aircraft Corp.l Bellanca Aircraft. .1 Bellows & Co Al.10 Belt RR & Stk Yds 17% 12 105 107 83 64 24% 105 103 Beech-Nut Pack. .20 80 2?* prior A..* Autocar Co com. .10 6% preferred.. 100 Auto Finance 10 23% 103 6 Inc. 4% 13% Brown Collender Co 1 Preferred ....5 Birdsboro Stee* 113% 25% 26% 14 3% 17 60 3 114 1 Bird & Son 5% 13% 23% 13 Bickfords 10 Brooke (E G) Iron.5 Brown Co 6 % pf. 100 Brown Fence & Wire common Brummell "2% 20% 22 Motor com warrants Brown & Sharp 25% 62 preferred..100 2% 6% 2% 15% 1% 106 3% 6 . 1st preferred. .100 Bessemer 'IS Ordinary bearer£1 Manufacturing 50 2d Common 39% Brunswick-Balke- common..25 Beatrice Cream. .25 $5 preferred w w.» Preferred 26 '7% 8c Cadwell Mfg lH 83 94 73 39 Truck 2% 3% 111 17% 8% 4% 11% 30 * 25 25 xlt' Brockway 10% 1 24 110% 6% P * Bristol-Myers 25 25 8* 35% 4% 'S ...-• Brillo Mfg Class A Bristol Brass — Conv 1st pref. 100 Prefvtc 100 Bausch & Lomb Optical com 10 Appliance cl A. .5 6% cum 7%c 10 54 * preferred..50 Austin Nich & Co..* 1% 9 1 5 62 33 2% 1% Brit-Amer Tob reg£l ?% * r Batavia Body Bath Iron Wks Bathurst Power dh 24 B 7% preferred..100 1% 20 7 2% 21% 50 Preferred 50 Bender Body com. .5 Bendix Aviation 5 Bendix Home 7% 4% 16% 7% 100 British Celanese Ltd Common 4% Preferred "8% 3% 9% 31% 1% 40% 19% 31% Briggs Mfg * Briggs & Stratton..* Brill Corp class A..* 10% 1% 1 111% 6 4 30 1 110 15 Bridgeport Brass..* Bridgep't Hydr'lic20 Bridgeport Mach--* 29% Ties Tnc Beech Aircraft 4 4% 8% 5%% pref 50 Barlow & Seelig Mfg 81.20 conv A com5 Barnard Aviation.. 1 8' ' 42 16 * com 5 Brit-Amer Oil Ltd.* 6 3% 9% Casket Braniff Airways.2% Corp 1 Breeze 7 Beau A* Boyertown Burial 6% 9 40 % 2% % 7% 1st pref...100 $5 2d pref * 3% 27 13 * Brinks, Inc Bros. 8 1% 28% 2% Common % com 3 1H 24% 112% 6% 37% 31% Bondhold¬ 1 64 9% Bow-BUt Class Baumann(Lud)com* 28 33% 4% 2% % Class B 52> 55% * _ 7% 13% 20 6 Paper A slH 13 3 45 Woven Hose Rubber com..* $6 preferred...100 Bourjois, Inc * $2.75 cum pref..* Bower Roll B'r'g._5 Brewster Aeronaut'! 1 Warrants 49 Stainless Barker 17 4 Preferred * Bardstown Distill.. 1 Bareco Oil___.__..5 Barium 6 23 14 Brewing Co of Am.3 * 86 50 ers class A.. 65 Bowm Bilt Hotels— Works— Old common 6 Conv preferred.20 Atlas Called for redemption; Loco Blauner's common.* 1 5% % preferred.50 ♦Without par value, Bald Old preferred..100 V t c for com 13 21% 10% 11% 5 26% 14% 12% 98 Balaban & Katz._25 69 Baldwin Co "9" 8 6 6% preferred. .100 k 100 Apr. 2 149 AtlGulf&W Indies 23 A* 40c Warrants Class B 5% 26% 13% 225 Associated Rayon.* 3rA 4% 25% Babcock & Wilcox.* Baker Chemical.. * Preferred 100 7% preferred.. 100 B/G Foods Inc.—.* 7 % preferred- -100 Atl Coast Fisheries. 1 Atlantic Co A 50 3% 32 12 94 1 17 35 ft 50 prior pref. 10 Amer-La France 8c 40% Col 1 iers Cor p 19% 18% 16% 31% Warehouse— 100 Boston Wharf...100 Boston 3% l Best & Co 22 it* W* Boston Sand & Gravel Pref Boston Storage 3% 10 16% 6% 11% 1% Elec Industries Ltd.fl 4 % Preferred 100 Ayrshire Pakota Steel 9 18 Borg-Warner Corp. 5 Boitoe Scrymser._25 6 tation Corp 150 15* 42 "3% Common B * Bond Stores com__l Borden Co 15 3% Aviation Corp ..3 Aviation <fc Transpor¬ 89 34% 2% 27% 44% 1% 21% 4% 5% 146 62% 2% 62% 62% 147% 26% 12% 12 Axton-FIsh Tob A 10 7 Bohn Alum 8c Br. .5 Bon Ami com A—* See Invest Cos 15% 6* 20 0% non-cum pf 100 Amer Insulator * 36% 40% Bohack Realty— Preferred 100 3 3% .Prer ex-warr.25 86 6% 1st pref...100 7% 2d pref 100 16% 25 w 7% preferred-.100 109 _ w 3 2 3 Bid Par Per 8% 2 1 5 Class A com...25 6% pref Stocks Ask share 7% Automatic Prod...5 Automatic Refrig. 10 Automat Vot Mach * Automobile Banking $1.50 conv pref 25 4 . 3 ment common * Brew (Can).* 7 % preferred- 100 Assoc Dry G'ds 1 47 % 3% 8% Hart- Hegeman Artloom Corp 8% preferred.. 100 _ 32* Armour 8c Co (HI)— Common 5 Amer Hardware..25 Am-Hawalian SS.10 6% conv pref. .50 18* itH "s 13 17 111 Amer Home Prod 1 American Ice Co..* 21 112 45 Am Hide & Loath..1 H&x 207 12% 1st preferred.-100 2d preferred--IftO Amer Hard Rubb.50 15% 40 $5 div preferred.* Anchor Post Fence .2 Assoc 1.50 1 145 1% 16% 3% 11% % 4% 31 15c 35% 40% Asbestos Mfg com.l Preferred 1 Ashland Oil & Ref.l 85 5 8 Art Metal Constr.10 Art Metal Works. .5 Asbestos Corn Ltd.* 20 13% 64% "2% Arrow 17 Am Fruit Growers.* Preferred 50 4% 29% 1% 10% 17% 8% 82 Preferred 100 Amer Forging and Socket com Amer Fork & Boe..* 7 Anchor Hocking Aro 1 159 _ Glass Automatic Fire Alarm common_25 Automatic Instru¬ Class B Am Arnold 1% Am Fabrics, pref 100 Amer Felt common * Amer Furniture Am Hair & Felt.. 11* 114 Tiling Co 1 Amer Export Airlines Common 50c New common 3 Amer Export Lines Am Type Found 10 Amer Viscose Corp— 7% 5% preferred— 1st series-.-.10 2d series 3rd series 5 4% \m 87 6% 1st pref 100 Amer Cyanamid Co Class A vot 10 Amer 10% 7% Commercial Alcohol com 20 Am Crystal Sugar 10 B 200 125 6% 13% 63% Transformer. 10 Amer 79 American Cigarette Amer Am 174% sb 100 Preferred.. ...100 Amer Centrifugal_.l Am Chain & Cable.* Amer 6% preferred-.100 m * com Carmel Preferred 50 Am Thread 5% pref5 Am Tobacco com.25 Common B 25 Amer 7% Preferred Amer Television 1 Amer Thermos A._* Preferred 100 Amer Woolen Co..* 7 % preferred. .100 American Canadian Amer 7 % preferred. .100 Am Sumatra Tob * Common Ai* 126 7% preferred..100 Amer Car A Fdv 6% non-cum pflOO 5% preferred.100 % American Book.. 100 Amer Bosch Corp.. 1 Amer Bo* Board.. 1 Amer Brake Shoe & Snuff..25 Common 102 Am Beverage Corp. 1 7% preferred 15 56 34 83 Amer Barge Preferred 1 WA 43 104% Amer Bank Note.10 6% preferred 50 Am Amer Steamship.100 Am Steel F'drles * American Stores * American Stove * Amer Sugar Ref.100 17 * Class B 95 . * Class A 67% 54 % Amer Agric Chem.* Amer Air Lines 10 $4.25 7% preferred ..100 American 13* * American Arch Amer Bakeries— Am Ship & Comm.* Amer Ship Build. _* Am Smelt & Refg._* 14% 6% 5 __1 Corp American Seilcone_5 Amer Seal-Kkp 2 Amer Seating ..* 93 6% cony pref—60 Amalg Sugar 1 Amerada 118 112 pf 100 65% Indus—* Ltd...* Leather 29 115% 111% 13% 6% preferred..100 Amal 17% 5% conv 156 6% Safety Razor— Sqrew.100 60" * . com. 6% Republics..10 Rolling Mill 25 Per Warrants Aviation Capital— 31% 74 16" t* 50 100 Bid Avery (B F» & 80ns 5 Stand Sanitary..* 26 Alpha Portl Cem..* 57"" Amer Radiator 8c 14 % Alloy Cast Steel--.* Aloe (A S) Co 20 4 51% * rl'i * Altorfer Bros com. Cony pref Partic prer Amer Pulley Amer 22 1% 7% 1% 6% 7 7% pref 5% preferred--100 Allis-Ch aimers Mfg 32 * 5% prior pref 148 11 Allied Mills Inc * Allied Paper Mills. 1 25 5 Am Potash & Chew * 6' 115% 31% 24% Par t 17$ 30 Amer Piano class A* 100 & * 29 Stocks Ask Per share Per share Allegheny Ludlum 85 miscellaneous stocks possible for the closing day of the month preceding the date of Issue are as near as 3% 18% Canada Packers 50 110. * Last sale, n Nominal, r Canadian ce. tNewstock. z Ex-dividend. INDUSTRIAL 86 MISCELLANEOUS & Bid Par Stocks Can Wire A Cab A.* Class B * Canadian Airways. Stocks Ask Per 52 17 *5 5 16" Climax Molyb¬ denum Co 129" 14*5 Utensil com 18 10 * Ol B non-voting- * Canadian Industries Class A .100 100 7 % preferred- .100 Can Locomotive...* 1*5 IX Carborundum Co..* 104 90 Carnation Co 5 1st preferred-.100 Carpel Corp * Carpenter Steel 5 Carrier Corp ..1 Carter (J w) Co 1 7% preferred. .100 Case Lockwood A Co—100 Brainard Case Pomeroy 5 Castle (A M) Co..10 Catalin Corp. 1 Caterpillar Tract. Celanese Corp • 7% prior pref-100 1st partic pref-100 Celotex Co com * 5% preferred.. 100 Celluloid Corp.—15 1st partic pref...* #7 preferred Central Aguirre Central IX Collins Co.—100 26*5 7*5 6*5 115*5 27*5 7*5 6*5 7*5 56*5 116*5 225 250 6 54 4*5 5*5 17 20 3*5 43*5 19*5 117*5 44 19*5 118 107 109*5 9*5 68*5 4*5 9*5 67*5 4 102 38*5 17 17*5 1*5 h 11*5 34 38 % 1x 1*5 4*5 1 8 9 10 16 18 4*5 2*5 2 *5 2*5 86*5 5 3*5 "§" 95 3 16*5 17 Eng common..* 100 1 Preferred 100 Charis Corp 10 Checker Cab Mfg.5 Chefford Master Manufacturing. _4 Cheney Bros com..* * Cherry-Bur Corp..5 Ohesebr'gh Mfg..25 Chesapeake Campe Corp 10 21*5 5% preferred.. 100 Chicago Flex Shaft 5 Chic June Rys & Un .100 Chicago Mall Order 5 Chicago Nipple. 5 Chic Pneu Tool $3 conv .. pref * * $2.50 prior pref..* Chic Ry Equip...25 Preferred 25 Chic Rivet & Mach 4 Chic A So Airlines .1 V t c for * com Preferred 10 Chic Yellow Cab * Chickasha Got O.10 Chllds Co * com Preferred Chilton Co 24*5 3*5 4*5 19*5 104*5 31*5 18*5 104 29*5 20 _ — - - 5*5 14*5 4*5 12*5 6 5*5 *5 1*5 100 10 Cln Un Stk Yds...* 1 City Auto Stamp..* City Ice & Fuel... 6*5% pref. 100 City A Sub Homes 10 City Stores 5 Clark Controller... 1 Clark Equip Co * Preferred 100 Claude Neon Lt—.1 Clayton & Lambert 4 par Columbia O A G—1 15*5 35^ 39 1*5 4*5 22 24 73 75 conv Columbus AutoParts com......* * Eng__l Commercial Shearing and Stamping 1 Oomm'l Solvents-.♦ v t c ext—1 Pub.. Congoleum-Nalrn. Congress Cigar * Ctfs of deposit Conn Telep & Elec.l $3 pref— conv 1 Consol Oar Heat. 100 Cons Cigar Corp..* 6*5% prior pf-100 7% nreferred-100 $2 5 6*5 28 23 20 cum 7*5 9*5 8*5 9*5 10*5 3*5 14*5 11*5 3*5 13*5 14 12*5 25*5 26*5 Cont'l Air Lines .1*5 A 1 8°%» % 8*5 2*5 2*5 94 1*5 105 1*5 5*5 1*5 5*5 37c 22c 21 , 13*5 3*5 B 60*5 62 8% preferred-.100 Continental Can..20 Cont Diam'd Fibre.5 /•& 40 51 13*5 Continental Mot 1 Cont'l Oil (Del)—6 Cont'l Oil (Mex) 1 Cont'l Roll A Steel 1 Preferred 100 Cont Screw com.. 10 ~8~" "8*5 3*5 3*5 8*5 8*5 11*5 1*5 6*5 4*5 4*5 10*5 8*5 13 * 1*5 7 4 5*5 55*5 3 4 5 6*5 2*5 4 12 10 12*5 *5 5*5 10*5 98 99 *5 5*5 5*5 2*5 15*5 6*5 * Special pref * 100 Converse Rubber..* $2 preferred 33 *5 7*5 a Called 6 17*5 17*5 .... 109*5 8*5 60 5 34 14*5 53*5 9*5 100 95 101*5 45*5 170*5 1*5 46" 172 8 14 15*5 3*5 3 15 18*5 19*5 86 84 , 1*5 7*5 8*5 25c 3*5 4 % 65 page "9" 8*5 13*5 8*5 14*5 142*5 123*5 B 42 5 com 24*5 100 *5 * com 25 6% preferred .100 Duro-Test Corp 1 Duval Texas Sulph.l Dwight Manor v t cl * .100 Preferred. Oil Eason conv % *5 9 25 Lock 26 113 1 10*5 »*ef_20 24*5 6*5 25*5 6*5 21*5 27*5 27 Eastern Air Lines. . 50c 3 15 3*5 *5 10 5% prior pref. .20 Eastern 80 10*5 11*5 8 9 1*5 2*5 73 .100 Screw 11*5 East Mall'ble Iron25 44 East Racing Assn..* 3*5 Eastern Roll Mill..5 Sugar Assoc 7 1 1 Preferred Eastman Kodak * 21*5 121 170*5 2 * Common 70 25c" Footwear.1 Machine Class 100 13 Warrants 6% preferred--100 Easy Washing Mach 130 120 4*5 Eastern Corp com Eastern 14*5 24 1 Eastern 9 8 Del Rayon A com. 15 Delta Airlines ;.* 2*5 29*5 11*5 * B Eaton Mfg Co 4 Economy Groc Sts.* Edgewater Steel...* 62 15*5 Edison Bros Stores.2 Dennison Mfg— Class A com 5 44 50 8% debentures 100 46 103 $6 prior pref 106 52 Supply. 10 49 6% preferred-.100 Foundry com Class * 1 4 8*5 1*5 40 57 A-../... 100 00 IS&S Elec Stor Battery..* Elec Vacuum Clean* 28*5 18*5 Electro Bleach Gas-* 33 1*5 1*5 12 Paper Prod 1 X 16*5 18 27 30*5 2 10 14 __* * Dexdale Hosiery— Preferred 100 Diamond Alkali..20 Diamond Match * 2*5 *5 13*5 20*5 101 22*5 103 22 22*5 35*5 37 Diamond Shoe com * Diamond T Motor 2 10 Dictaphone Corp..* 8% preferred.-100 Dictograph Prod-.2 Diesel Equipment_.l 25*5 10*5 7*5 28*5 120 *5 1*5 1*5 1*5 2*5 __ 68 Elk Horn Coal 27*5 3*5 45 _ 1 2*5 2*5 1*5 3 75 30 *5 * 1st 6 preferred—100 preferred..100 Ely Walker D G—25 1st preferred..100 2d preferred--100 Emerson Drug-.2* 2*5 18 121 100 19 3*5 4 * 6 Derrick 5% preferred-.100 Equit Of ice Bldg__* Escanaba Paper*— Preferr eu 100 38*5 109 40 2*5 21*5 3*5 6*5 Esquire Inc 1 Eureka Pipe Line_50 Eureka Vac Clean_5 5*5 2*5 6*5 13 Evans Pfoducts Ever Plastics 13 13*5 69 72 r Canadian 5 Corp.5 2 1 2 Eversharp Inc 6*5 5% preferred 20 Ex-Oell-O Corp. —3 price, t New stock, 3*5 94 6 Endicott-Johnson.50 Emsco 20 28 Emerson Elec Mfg.4 Preferred 4 Empire Sheet A Tinplate. 20 19 2* 2 B Preferred Distillers Corp- Nominal, Inc.l Elgin N Watch...15 ElJer Co com * Class 16 7 7*5 Electrolux Corp—1 Electromaster 2d 108 72 Voting trust ctfs.. Di Noc Mfg 1 Discount Corp 100 Disney (Walt)— 6% preferred 25 Distillers Co Ltd. £1 1*5 11 1 5% cum pref-..50 5% prior pref. 100 14*5 15*5 68 0% part pref—25 23 Electrographic Corp Common 11 • Indus Am shs "9" Electrol Inc com... 1 1 2d preferred—100 *5« 25*5 13*5 1 Electric Auto-Ute.5 Electric Boat 3 Electrical A Musical *5 • 11 B 9 Sterilizer Harvester.1 Mich Stove 1 _ _ 1 11 Nut._l Electrical Steam 3*5 7*5 1*5 36 *5 pref. .10 _ 5% preferred—50 Elastic Stop Elder Mfg Co—• preferred 49 Edison Solitdorf.. 110 n Chem 6% pref. 25 7% pref 100 Durham Hosiery— $1.50 De Long Hook k Last sale, __* East Dair'es Ltd—* 21 8eagrams Ltd—.* 5% pref w W..100 110. 3*5 6*5 110 Durez Plastics A Eagle 14*5 Differential Wheel _1 1*5 Preferred Common Preferred.. 7*5 A Co common..20 Early A Daniel 1 Common 13*5 51*5 for redemption; see 6*5 50 32*5 110 * 8% preferred.. 100 DuPont (E I) de N Mills 17 Dewey A Almy Chem 30 Oorroon A Rey'ds.* $6 conv A pref..* Oosden Petroleum .1 86 47*5 16" 100 5 * Com Prod Refg—25 7 % preferred. .100 72*5 Corp—10 Delay Stores 1 Delendo Corp 1 4 11 Preferred. 100 8*5 26*5 Gilbert 4 (R G) Doplan Silk 2*5 8*5 1*5 41*5 31*5 8*5 27*5 6*5 10*5 Laboratories cl A1 Dun 20*5 30 com.. 3 * Bradstreet Corp.* 105 1*5 6*5 35 Common 19 28 110*5 4*5 2*5 (Allen) $6 preferred * Dunhill internatl.l 20 * 63 6% 17 Mont 12*5 103 Dayton Mall Iron.* Dayton Rubber 1 7% preferred 18 Dryden Paper Dubiller Condenser 1 89 Devoe A Reynolds— Class A 7% * 10 Elec Corp com.. 1 Corning Glass Wk 10 mm «• 8 Detroit Detroit Detroit Detroit 100 12 107 Eye 114*5 1*5 37*5 3*5 Duncan El Mfg.2*5 ..100 conv Preferred 86*5 5% conv pref. .25 Davenport Hosiery Mills com * 121 Driver Harris Co. 10 51*5 6*5 1*5 1 Thr'dlock * Darling Stores Corp $2 partic pref—* Davega Sts Corp. _ 5 conv 100 Doyle Mach A Tool 1 Dresser Mfg com..* Du 6*5 7% preferred-.100 $8 preferred * Cutler Hammer * Darby Petroleum. .5 Darco Corp 8%pfl00 6% * Preferred 2*5 * 50 Steel Prod 10 De Vilbiss Co 10 60*5 6*5 5% conv pref..50 16 Cosmocolor Corp.. 1 32*5 ICoty Inc com 1 110 Coty Internat'l .1 % I Courier Post pref 100 8*5 108 2*5 21*5 * * Conv 5% pref..50 Cornell-Dubilier 7*5 4*5 _ 87 6% pref ww 20 Detroit Gray Iron A $4 preferred Cooper Bessemer $3 prior pref Oopperweld Steel..5 7*5 4*5 30c" _ Chemical 85 Det Gasket A Mfg-l Cook P't A Vhto._* 2*1 30 value. Cont Steel Corp Preferred 6*5 Detachable Bit.-lOc Detroit Aircraft * 77 80 10 37*5 84*5 10c Derby O A Ref com * 8 7*5 2*5 21*5 lA Preferred 37*5 5% preferred.. 100 Dow Drug * Conv prio r pref 9*5 7*5 68*5 * Common 85 1 De Pinna (A) Class A 151 Dow Cushman's Sons— and 100 Preferred Doubleday Doran.* Douglas Aircraft * Douglas (W L) Shoe 87 * preferred--* *5 99*5 32*5 32 14 1 50 46 12 7*5 2 100 5*5% pref 22 83*| 4*5 4*5 25 Dominion Stores..* Dominion Tar A Chemical * 11*5 40 Decca Records 100 B 20 1 14 99 ~6" 39 4*5 • 4 13*5 % Class /H 20*5 43*5 2 *5 Class A A 90 5*5 40*5 100 4*5 A 13*5 38*5 50*5 12*5 20*1 % l8* J!* Dominion Textile. .* 2*5 22 38 Curtis Mfg of Mo. Curtis Publish $7 preferred Dentists' 4*5 *5 22*5 13*5 4 Class 210 1*5 5% Preferred .100 Oudahy Pack.—30 Preferred 100 Cuneo Press 5 Turbine 1 * 10 19 5% conv pref-100 Crystal Oil Ref— _* $6 preferred 10 Crystal Tissue * Cuba Co * Cuban Am Mangan 2 Cuban-Am Sug—10 7% preferred-.100 5*5% conv pf.lOO Cuban Atl Sugar. .5 Cuban Tobacco—* Prior "*5 De Laval Steam 4 10*5 90*5 10*5 *5 25c . Coal 9 * * Curtis Lighting. 3 100 * Preferred 110 Deisel-Wemmer *5 Engineering / 7% conv pref. .25 4*5% pref 0*5% pref Bdge Dominion x-w._ 83 90 Continental Baking 3 1/ Crowley Milner * Prior Preferred_50 Crown Central Petroleum (Md)_5 Crows Nest Pass Coal Crown Cork Int A_» Crown O'k A Seal.* $2.25 pref w w._* Preferred *5 t 38*5 7% preferred 20 Defiance Spark PI.* 101 pref. 100 Container Corp 20 Dominion Steel A Deere A Co 8% preferred-.100 conv 21*5 11*5 91*5 6*5 2*5 3*5 5% 19*5 Class A 2*5 3 94 Dominican Coal pf 25 r Dominion Glass. 100 r 1 10*5 61 6 25 5*5 42*5 5*5 16 __ 38 * Common Warrants 17 42 Cons Paper of Can.* Oonsol Retail 8ts--l Textile.* 12 30 80" Consolid'd ..* Doehler Die Oast..* Dold (Jacob) Pkg—r 7 32*5 Dobeckmun Co coml Davison Chemical.l IW* 1 76 Consol Royal Oil. 10 Consolidated Steel * Dr Pepper Co 15*5 16*5 4*5 Preferred 90 Consolidated Oil 51 15 29*5 59*5 1*5 part pf._* 5 50 Davis Coal & Coke 50 15 preferred .100 Cons Lithograph..* Cons Mach Tool uts. 7% 34 Dardelet Shoe Mach Oonde Nast Class A Dixon (J) Cruc.-lOO CurtissWright Corpl IS pref-.* $2.75 93*5 2*5 ♦Without 15 10' Consolidation Coal— Oinci Ball Crank. .1 Cin Tob W'house.25 — . 16 15*5 Sys Inc class A 2 * Class B 2* Columbia Mills. *5 1*5 11*5 55*5 Inc Columbia Brewing.5 Columbia B'castin 10 Chrysler Corp 6 Churngold Corp...* Cincl Advtg Prod..* Cinecolor 1.65 15*5 27*5 10*5 Continental Aviation Board common..* Preferred 50 Chic Daily News..* com. 1.40 Cons Laundries , Chesapeake Paper Stk Yds 16*5 2*5 13*5 25*5 Columbia Baking— 1 partic pref—. Cons Film Indus.. 1 A Preferred 73*5 Consol Biscuit 3*5 25*5 4*5 4 com— 6% pref 71*5 Arms Mfg 25 Aircraft Oonsol Aircraft— 25 Cessna Aircraft Chapman Valve 25 2 Columbia Compo 5*5 8*5 8 Centrifugal Pipe 1 Century Elec 10 Century Rib Mills.* 7% preferred.. 100 Certain-teed Prods. 1 0% prior pref. 100 Fibre 15*5 20 $2 preferred Cent Iron & Steel. 10 Cent Ohio St Prod.l Paper 1*5 ♦ Combustion 6% preferred..100 Champion 1*5 Columbian Carbon.* 36*5 Central Disbrib'n 42c Cent Foundry com.l Common..Par $10 Ohamberlin Metal Weather Strip.. 14*5 ♦ ... Columbia Pictures.* 106 12*5 46*5 Warrants 14*5 99*5 $5 conv pref Crucible Steel 67 Products 3*5 155 145 42 Col Fuel A Iron 14*5 98*5 5% conv pf 100 Creameries of Am— $3.50 pref » Cream of Wheat—2 Creole Petroleum. .5 Orocker-Wheeler * Croft Brewing 1 Orompton A Kn'les » Crosley Corp * Crowell Collier Pub¬ lishing Co * Preferred 100 110*5 14 Ordinary shares.. 6% conv pref 6 * * Crown Zellerbach__5 12 50 9*5 5 Crown Drug com Colonial Stores Colonial Ice B pfd. Colon Development Dixie Home Stores.1 Dixie Ice Cream Dixie-Vortex Co 111 28 Colson Corp Colt's Patent Fire *5 12" 103 18*5 Colonial Beacon Oil * 5% pref A 25 *5 6 *5 10 13*5 103*5 19*5 Coliver Insulated wire common—* 109 19 $4.25 preferred. _* Collins A Aikman. .* 9*5 13*5 5% conv pret—100 1*5 107*5 7*5 • Peet common ... Chambersberg 61*5 12 7*5 36*5 Airport—1 Chain Belt 60*5 700 7 23 35 Central American Plantations 100 Cent Cold Storage 20 Central Paper Preferred. Cen Vioietta Sug 24*5 89*5 Cohen (Dan) Co * Cohn & Rosenb'ger * Colgate-Palmolive- 80 6*5 ._* Associates 89" "i" 5*5 20 Casco Products...* Case (J I) Co 100 1 103 2 92 77 * 63 97 * 107 Carey (Philip) 6% preferred--100 * 21 59 of St Louis 10 6% preferred..100 Carib Syndicate.25c Carman & Co A * 19*5 * 113 8*5 — * Gockshutt Plow 7 144 ♦ Coca-Cola Co * Class A * Coca-Cola Intern. _♦ 9 Eliminator 1*5 33*5 144*5 Bottling 113 113 107 107 108 1 32*5 of Cincinnati 1*5 1*5 Capital City Prod.* Carbon Monoxide Class B • of Los Angeles of New York 11 Per 1*5 Distillers Liquors2*5 Divco-Twln Truck.! 26 $1.50 conv cl A.20 35*5 2*5 2*5 70 Peabody—* 7 % preferred. .100 Coca-Cola Can Indus Alcohol— CI A voting—.—* Class B 35*5 Cluett Foreign Invest Corp * • Clinchfield Coal.100 Preferred 100 2*5 Bid Cramp Shlpbldg—.5 Crane Co com.—25 Club Aluminum Canadian Dredge 6 Dock-•••«.«(•• ^ Canadian Cleve Tractor 2 *5 1 Airways ~6~~ 107 12*5 4*5 Par Cowles (O) A Co. .25 Mach com...—.4 135* 18*5 7% partic pref_25 11*5 3*5 3 Stocks share 1*5 Courtaulds Ltd_.£l Covered Wagon Co 25*5 100*5 Cleveland 5 Canad Celanese—* Preferred 100 Canadian Colonial 24*5 98*5 5% preferred. .100 Hobblng 1*5 34*5 Canadian Car & Fy * 1 Bronze com 1 Ask Per Cleveland Graphite 105 Canadian Oanners.* Bid Par Stocks Ask Per share 55 19 * Canadian Bronze..* Preferred 100 Bid Par share STOCKS lay of the month preceding the date of Issue Quotations for all securities are as near as possible for the closing 25 x 4*5 7 39*5 111*5 M 45 2*5 23 4 6*5 3 2*5 7 25*5 Ex-divid nd. june, 1941] Stocks Par Bid Ask Per Exch Buffet Corp--* Ex Lax Mfg A 10 Class B • 5i 52 * 13% 145* 135 2 35* New6%pref_.100 60 "75* 335* 7H it* *8 35 8 3 19 OH 5* 165* 21 if* __1 2 19 Farrel-BIrm'ham .25 Park com.* 75* 12 Machine 25 6c 33 34 2 54 65* 115* 25* 354 Federated Dept Sta * 4% % preferred 100 Federated Publica's* Ferro Enamel 1 Fiat Am dep rets... 6th Ave Coach...25 8* P \lH FHene's(Wm)Sons .* •Finch Telecommuni¬ cations com., .1 111* 205* 16 35* 205* 935* 245* 4 Firestone Tire 6c Rub 10 A. 100 First Nat Store*.. * Firth Sterling Steel i Preferred... 100 Flsbinan (M H).. * Preferred 100 Fllntkote Co com. Fia Portld Cem . * MX 27 llK 22 23 Flour Mills of Amer * Mills pref ..* Gen Outdoor Adv*t'g Common..... * * Class A 6% preferred--100 1 $6 preferred * Gen Rayon A stk..* Gen Ry Signal * 6 % preferred- -100 Gen Refractories..* General Shoe—..1 General Print Ink. . Gen Steel Casting.* $6 conv pref ♦ Gen Theat Equip..* Gen Time Instru—* 6 %_preferred. .100 Gen Tin Invest Shs. 1 15* 35* 25* 45* 10 JX 10 Conv preferred..* Foote Burt com...* Ford Motor Ltd Ford Motor of CanClass A.. * Class B * Ford Motor FranceFormica Insulation * Ft Worth Stk Yds.* Foster Wheeler.. 10 $7 conv pref * Foundation Co .* Foundation Co .» Fox (Peter) Brew 5 F-R Publishing....* 4 ...... Arrear etfs Gibson Art. —* Gibson Oil (Texas). 1 ...... . 2 Machine Tool Gilbert (A C) * Preferred.. * Gilchrist Co * Gillette Baf Razor.* 95* 175* 10 95* 16* 135* 118 35* i§* 14 25* 25c com 1 4% conv pref. 100 Gabriel Co cl A • •Gair (Robert) Co— common 1 6% pref. Galveston Gam ewe 11 6% conv pref_.25 Garlook Packing...* 1 Common " io 6 *4 conv pref.. 50 Gellman Mfg 1 Gen Accept'ce Corp ClnsR A..... 5 Conv prefarred.20 •Gen Alloys Co • Pref • (stamp) 10 . * 6 * .. . • 6 108 5* 135* 99" 20 95* 135* 19H 104 25* 25* 115* 5 45 35* 25* 34 65* AX 00 135* 75* 95* 45*% conv pref 50 Globe-Democrat Publish pref..100 Globe Wernicke...* Preferred * M $7 preferred * Goebel Brewing 1 Golconda Petrol...* 129 36% 12 ■UH 25* Preferred 50 Good Humor Corp t Goodman Mfg 50 Goodrich (B F) * $5 preferred. Goodyear Tire 6c % 05* 8 9 33" * 111 5* ,135* 100 215* 9% 205* 107 135* Ay* 49 30c 9 435* 335* 52 15* Canada........* Preferred 50 G or ham Inc com A_* $3 preferred.....* Gorham Mfg 10 Gorton-Pew Fish..* Hosiery com....* 7 % preferred.. 100 Graham-Paige Mot 1 Grand Raps Varo.l Grand Union— Com div certife..* Ex-div certifs * Granite City Steel.* Grant iW T) com.10 6% preferred 20 Graton A Knight..* 100 $1.80 prior pref..* Gray Mfg Co....10 5 75* 95* IS4 35 JX 28 IS* 37 VkX 86 5* 535* 15* in 33 25 Pac Tea Non vot com * 1st preferred.. 100 6% pref 100 Great Lakes SS 95* 27 49 45* 65* 35* 105* 525* 9 155* 5* 35* Without par value, a • Great Lakes Term W'house (Ohio)-* Great Nor Pap 25 Great West Sugar..* 7 % preferred 100 Greater New York . Brewery com Ireland Indian Motocycle 15* * Preferred ..10 Indiana Gas A Chem Common ——.6 $3 pref * 65* A 4M J& 45* I* 15% 1% ..1 35* HaskeliteMfg... ..5 8g% Hat Corn class A..1 Class B n-v. 7 1 1005* 6% 145* Ha vert y Furn Cos— Conv pref * t§* # ¥ ^ 95* 22 3 975* 124 6% conv 1% 275* ^ IX it* 78 8 * 25 7% non-cumpflOO Hendey Mach ....* 165 95* »*,X 67 * l\x 685* Hercules Powder..* 6% preferred.. 100 Herahey Creamery • Preferred lOO Hershey Chocolate. * 127 8 405* 1025* 52" 11 71 .25 95* 125* 25 Hiawatha Oil A Gas Common ....5 JX 36 235* 140 1 Greenfld T'p A Die* $6 preferred—100 $1.50 preferred * Green (H L) Co 1 Greyhound Corp..* 55*% preferred. 10 Griesedieck Western Brew preferred..* $15* preferred. .5 pref..l00 1 * Hoe (R) class A..10 Prior pref 65 7% preferred...21 conv IZX 24 7H 61 85* 66 16 19 30 315* 10 10* 10% 19 Called for redemption, see page 110. 10* 32 34 JX m Horn 6% preferred —25 7% preferred -100 Hotel Waldorf-Ast.l Houdaille-Hershey— * ...» Houdry Process.. 10 Houston Oil Field Material com 1 $1.50 conv pref.20 6 2 20% 6951 205* 1095* 3% .7% AX 36 150 n Nominal, r !?* no * 4 8 JX 37 150% 28% 175* Internat Milling— 5% preferred..100 Int Nickel (Can)..* 7% cum pref-.100 International Paper A Power com.. 15 5 % conv pref. .100 Warrants Internat Petroleum ax OH 485* 152 1% 85* 65* 4% 195* Internat Products.* Internat Pulp * Preferred 100 tnt Safety Razor B_* Internat Salt * Internat Shoe... * Internat Silver...50 7% preferred.. 100 Int Text Book * Int Vitamin Corp. 1 Airplane Engine .10 Bakeries* $5 preferred * Interstate Dept St's* 7 % preferred. .100 8* 49% 1555* 15* 10 7% 5% 103 101 245* 24% 128 125 14 Vkx 6!H 69 1% 10* 35* 4 3 65 60 40* 28 30 41* if* 975* 101 g 4 3 7 15* 7% 15* 1% 21% 23% 8 90 85* Mills com... * Inter type Corp....* 10% 9 Iron Fireman vtc__* ill 44 Ironrite Ironer...10 454 115* Irving Air Chute. .1 Irving (John) Shoe.l Preferred w w—25 Jackson (Byron) see Jacobs Aircr Engine* Jacobs (F L) Co 1 Jarvis (W B) Co.. .1 7% 24% 1554 13% 114 5 % . Jeannette Glass Jefferson Lake Sul P-efarred Jenkins Bros 33% 25* 5L 245* 110 110 20 7 255* 114 120 23 245* 101 7c 32 AX 38 15c 335* a* 25* 145* • 5* !0 .25 Jersey Cereal ..* Jewel Tea........* Johns-Man vllle .* 7% preferred..100 Johnson Publish 10 Johnson- Stevens A 9 H 35* JX 94 Canadian price, 8% 12 8% 16& 10 1 5 "BM 4% 5 2 11 15* r$ w* 175* 37 38" 565* 1245* 8 ■1 Shinkle Shoe Jonas A Naumb'g25* 12 Jones A Lamson—20 Jones A Laughlin Steel common. 100 38 40 25 5* 27 W* ?§! 7% preferred.. 100 Joy Mfg.. ..1 Julian A Kokenge * Kahn's (E) Sons..* 1st. pref .100 Kalamazoo Stove A Furnace com...10 3% t New stock, x 4 i2 1055* 10 Vottrctfs6% pf25 k Last sale, 2% 65* 25* 21% 95 5* 155% 16% 16 Class A Industries cl A—* .... 102 15 Horn (A C) com 1 Prior preferred..5 1% 155* 15 Horder's Inc com..* Hormel A Co com..* % 65 45 Equipment. 1 Interstate Hosiery- 99 13 com. % Houston Oil (Tex)—• Vot tr ctfs com 25 20 8% 7% 115* Interstate Home- .10 Class B * 100 1 ...... 35* 05* Ax * Horn A Hard't Bak * Hotel Statler com.* 235* 6 26 15 97 . Hard't(NY).* 5% preferred.. 100 141 85* lix 93 preferred. 100 Chemical Harvester... Internat Indus International Match Realization £1 Int Mercan Mar 1 International Metal A RToiophane Co * Holly Sugar.. _..„.* 7 % preferred 100 6% Int Business Mach.* Int'l Cellucotton..* int Cigar Mach * Interstate 135* Furnace. 10 435* 38 V4 6% Interstate Common _..._._* . Interlake Iron ..* Int. Agricultural..* . Holt (H) A Co A..* 10 JX 25 5* 6% Coupon shares._* Registered shs * 22 _ 10 Hlckock Oil cl A 1 Hillman Coal A Coke 7 % preferred. Hilton-Davis Chem Common ...1 Industrial Rayon..* Ingersoll Rand....* 6% preferred. .100 Inland Steel......* Interchemical Corp * 6% preferred.. 100 Intercont Rubber..* 7% preferred ..5 Class A Helme (G W) Cum prer. 100 Indus Brown Hoist— Common ...1 1st preferred 10 2d preferred 10 In' pref..50 Class B. Hooker Electro Aix 129 ,X JX 6% Publishing pref * Internat Elevating40 Hearst Consol Pub— 7 % class A pref .25 Hecker Prod com—1 Helena Rub'stein..* Ax 4 43% Internat Educational Dept Stores 24% 665* 255* 1% 35 41% Refining..! 7% prior pref. 100 Hawley Pulp A Papl $7 preferred * Hayes Indus 1 Hayes Mfg 2 Haytlan Corp * Holland 30 AX 33 Class B—...... 1 Indus Accen Corp— Hollander(A)A Son 5 10 H 25 3% 135 $5 15* £1 Hart A Gooley 25 Hartford Times * Hartman Tob units. Hart Schaffner A Marx ..20 Harvard Brewing..! Harvill Aircraft Hires (O E) com Hobart Mfg A 38 8 24 Registered shs * Imperial Tobacco— of Canada com. .5 of Great Britain A all 7 2% 185* A Oil non-vot A...1 Hinde A Dauch.._10 28 «S* 4H Indian Terr Ilium .... 685* 1SH 60 6 65* Chemical ..£1 Imperial Oil Ltd—.* Indian 1st B pref IV* 60% 59% 245* JX Common Great Lakes Paper— 1075* H Heywood-Wakefleid 4 45 Indus rets $4 conv nref * Hewitt Rubber....6 Hevden < Chemical. 10 25* 5* % 65* .100 235* Royalties.—....! Cement..* 6 Idaho Farms 28 Hercules Motors 995* 1 175* 2% 25" Imperial 105 23 Hercules 255* vtc for 1st pref.l Hyde Park Brew.10 Hydraulic Press Mfg Common ._5 6% conv pref..25 Hygrade Foo i Prod5 Hygrade Sylvan * 45*% conv pref 40 I T O Corp. 100 64 Common 75* 65* 65 145* 75* 100 common. .1 Ideal Cement Hazel-Atlas Glass.25 Hazeltine Corp * 35 1 18 Ask share 62 5 $5 preferred—.100 Hart-Carter __* $2 conv pref.. * Hearns Gt Atl A 175* 94 135* Preferred 85* \X 14 * 25* 15* $5 conv pref....* Goodyear T 6c R of Preferred 5 14% 125* 100 4 Gotham Silk it* SI* 685* 65*% pref..—100 Hatfield-Campbell * Prior preferred. 12 1.20 Partic pref....100 115* 265* Hub bell (Harvey)..5 Preferred 35* 21 * com 1st preferred.. 100 2d preferred * Huyler's ardson Arms Co— Class A „__1 Harrlsburg Steel. 6 Harris Seybold Dlecasting Ax Howe Scale Common... Hanna (M A) • $5 cum pref * Harbor Plywood pf * Harlow Aircraft...1 Harshaw Chemical* Harbison-Walker Refractories com * Potter com. Howard Aircraft...1 Hugsma nn-L gonier * Huttig SashADoor 5 50 . Bid Hupp Motor—.—.1 33] Harrington A Rich¬ 3% 415* 78 65* 95 * com Preferred 6 % preferred- 125 117 13 JX 94 Par Hudson Mot Oar..* Humble OilARef.. * Hummel-Ross Fibre Hendrick Ranch Gobel (Adolf) Co.. 1 18^* 35* \%x 42 25 245* Gypsum Lime A Alabaster Ltd.* Hajoca Corp......* Preferred 100 Hall Lamp com 5 Hall (W FjPrint'g 10 Haloid Co 5 Hamilton Watch..* 6% preferred- 100 Hammermlll Pap .10 Hammond lustrum 1 __ 6 .JX 1 w 11 195* 1055* Stocks Per 21oS* 5* Preferred .50 36" Hanley (James) 5 120 56 5 Godcbaux SugarClass A .* Class B * 19 •Gar Wood Ind 5%preferred., n| •Gary (Theo) $1.60 v Gay lord Container 5 105* 105* 85* 20 Houston* Co * $6 conv pref * •Gannett Co Inc— $8 conv pref .* Garfinckel (J) 6c Co Common... 1 ^ 70 Gladding McBean.* Rubber 5* Fuller Brush com..5 Fuller (G A) Co—-1 tS convertible * *18 50c 25* 1 pref .... Preferred. 100 Froedtert Grain 6c Brewing 35* 405* Ask . Goldblatt Bros— 325* pref 15 wi95* 12 'Freeport Sulphur. 10 French Investing conv c »nv Glen Alden Coal * Glldden Co —* 15 common 127 365* 1245* 85* Gleaner Harvester.* Franklin Ry Sup-.* Franklin Shops * Preferred.. 10 Partic 106 8 1 •Fruehauf Trailer..! 5% conv pref. 100 Fnhrman A Schmidt $5 $8 preferred. 10 1 ... 225* 35* * Franklin Co Coal— Preferred 10 Franklin County Malt 80 1.10 1045* IS H Bros Gear A Mach com......2 _ 355* 195* 105* 265* 4 V*s conv pref .100 Foote . 8 15 5 Glsholt Machine.. 10 Preferred 45* 135* 125* ...50 com 00% 23 Distilling Co 285* Giant Portland Gilmer (L H) Gimbel Bros... Francisco Sugar 28 255* 1045* 815* preferred 100 55 of Canada.. 5 23% 103% Machinery...* 4 5* % 5% conv pref. 100 Foimer Grafiex * Preferred..... 100 •Food Devices ...20c Food Machinery .10 _ Preferred 45* Giddings 6c Lewis Preferred..—..* Fobs Oil • Follansbee Bros...* Preferred 10 Follansbee Steel 10 _ 81 17 120 Gen JX Florence Stove....* Florsheim Shoe com* ?oH 113 Watch Gulf Oil Corp 65* Preferred IV* 35* 6 Cement 82 % 6 87 80 139 4 Class B com JX Bid 6% preferred...25 Grumman Aircraft Engineering com 1 Guantanamo S'ig—* 8% preferred—100 Gulfboard Oil 1 30 115 6% cumpref A100 Genessee Brew A..1 85* Gruen $4.50 preferred..* Gen Industries——4 Gen Instrument...! Gen Tire 6c Rub—5 90 t s. u 155* 102 H 35 JX 50 Ltd— Gen Fireprooflng—* 7 % preferred- . 100 Gen Foods Corp.—* Gen Optical x 1 ser Elec Am dep rets reg £1 Gen Fire Extlng * 5% preferred.100 General Motors..10 $5 preferred...—* OH Common.. General 75* 13 30 11 10 % 6% pref .... General Welder com..... 1 . * 7% preferred-. 100 5 Federal Mogul....6 Federal Motor Tr..* Fed Screw Works. Class A Gen Cigar common * 7 % preferred. -100 Gen Crude Oil..25* Gen Development 20 General Electric...* 25* 27 Par Groc Store Prod_25c Group No. 1 Oil...* Group No. 2 Oll.._l 35* com.l 3% OH 6 A Warehouse JX 22 Stocks share General Box Corp-1 1 * Federal Bake Shops* Preferred 30 Federal Compress Federal $8 pref.........* General Bronze....5 General Cable • 35* Ask Bid Baking...6 Gen Bottlers Farnsworth Telev & Fedders Mfg Gen 40c 55 Farben Ind Preferred 10 Amer Trans..5 25* 385* 96 6% Faircbilu Aviation.1 Falrchtld Eng A Alrl Fajardo Sugar 20 Falstaff Brewery..! Famise Corp Ol A.2 Famous Players Can Co p com.. 1 Fanny F'mer Cand.l Fansteel Metallurg * Fashion General Amer Oil of Texas common..5 87 stocks possible for the closing day ef the month preceding the date of Issue Per share General 38 33c 8%lstpref 100 8% 2d pref 100 Fairbanks Morse..* Radio Par Gen Aniline 8c FilmA * 107 125 1 common Stocks Preferred Preferred—..100 Fafnir Bearing...26 Fair (The) Chicago • 7% preferred.. 100 Fairbanks Co 25 New are as near as share 10 Exolon Co Faber Coe A Gregg & miscellaneous industrial Quotations for all securities Ex-dividend 10% 88 INDUSTRIAL Quotations for all securities Stocks Par Bui Stocks Ask & Bid Par Per share Kane Carburetor..* % 20% 64% KOStkYds Me. 100 Preferred. .100 Kaufmann Dept ... Stores common. .1 5% conv pref.100 Kayser (Jul) A Go.5 Keith-Albee-Orph— 7% conv pre* 100 Keith (Geo E) Co—" 12 100% 7 1% 22% 67% 13 103 7% 44 Lincoln Stores—...* Preferred ..... 100 Line Material.....5 21% 197% Link-Belt Co Lionel Corp..—10 19 % 19 * * 8% 10% Upton (Thomas J)— 6% preferred...25 Liquid Carbonic—* Llquidometer Corp 1 7 15% 13% 4% Ut 19% m 16% ilr 4% 4% Kensico Cemetery Association Class A 21 4% 3* * Keystone Steel A Wire common...* Keystone Watch 13 % Case... .16 2-3 Kidde (Walter) com. 44 57 22 3% 6% conv pref..10 Nat Aviation Oorp.5 Kinner Motors ' 1 1% 1% 2 Kinney (G R) Inc.. 1 $5 prior pref * Kirby Lumber. -100 Kirby Petrol 1 Klein (DE) Co.—* 29 48 2 55 12 13 2% 8% Knapp-Monarcli ..* $2.50 preferred * $2.70 preferred * Knott Corp _—.1 6 9% 7% 34% Lord & Taylor. Metrop Playhouse.* 20 . 100 100 14% .... 135 101 5 National Candy...* 1st preferred. .100 14 2d preferred- . . 100 Nat Casket com * . ..100 100 4 Preferred Mich Si eel 16% 152 Michigan ~ 10 Micromatic Hone.. 1 2 17% Midcont'l Airlines. 1 .20 4 Lukens Steel-—.-50 Lunkenheimer CoCommon * 11 pref 6%% pref 100 Luscombe Airpl.50c Lynch Con>_—-—5 Lyon Metal Prod.10 -100 Macfadden Newsp.* Macfadden Pub---* 4 i2oIM 18m 13% i!oy" lM ' 25 Products com.* 8% 1st pref._-100 $2 n-cdiv shares.* 18% 14% 25% Mid vale Co — * Oil 10 & Supply common-* MId-West Refin's -1 90 MacSim Bar Paper. 1 Millers 95% 96% MacWbyte Co— 8% preferred. .100 Macy (R H) Co Inc * Mad Sq Garden.—* Magazine Repeating Miller (I) Sons com 5 1st preferred. .100 2d preferred.. 100 Kysor Heater Laclede-Ohristy 1 Clay Products. Laclede Steel 4 50 60 23 % 24 23% 11% 4% 24% 11% 4% 24 % 121 122 5 7 15% 25 19 Landis Machine. .25 Lane Bryant Inc.-* 3% "«?<' • 8% 7% 3 22% 13 15 9 10 3 3% 23 108 12 12% 10% % 1% 20% 80% % 12 20c 28 % 2% 1 5 33 77 80 172% 19% 23% 3% 1% 4% * % 2 7 % preferred- . 100 May Dept Stores. 10 172 2% 2% 195% 24% Maytag Co —* 1st $6 pref * $3 cum preferred-* McCahan Sugar Refining pref—100 McCall Corp--; -* 21% 83 * Preferred.. 100 McCordRadclA—* Class B—— * 1% 28% 6% % 3% 5% 34 McCrory Stores... 1 5% pref ww—100 McGraw Electric 1 McGraw-Hill Pub.* McKesson-Robb'ns 5 New common w i_ $3 conv pref * 79 McLellan Sts com.l 81 6% conv pref. 100 177 McQuav NorrisMfg* McWilliams Dredge* Mead Corp com * 19% 23% 3% ...- $6 preferred serA* $5.50pf serB ww* A o Called for redemption, seepage 110. 46% 115 2.50 and 1 47% 50 7% 5% 26% 176 59% 2% 2% 107 25 Midwest 8% pf-10 Monsanto Chem.. 10 $4.50 pf ser A * Cum pref ser B..* Cum pref ser C—* Montgomery Ward * * Monticello Tobac. -1 Monumental Radio 1 Moody's Invest Serv part pref... * Moore Corp com__* f 19% Nat Pumps Corp..* Preferred. 10 Nat Radiator——10 12 Nat Refining com..* Nat Rub Mach-...* 2 & Machinery. .100 Mortbon Corp A—1 12% 13% 9% 1 $6 preferred—.100 Nat Steel Car Ltd.* Nat Steel Corp...25 12 3 3% 4% 15* Nat Sugar Refg—_* National Supply— 4% % 16% MosinePap 50 7 1% 12% 102 18% 8% 3% 12% 28% 6 103 '7% 7% 73% 65% Mills 100 Motor Finance 9 1% 13 104% 19 8% 3% 13% 28% 6% 108 34% 8% 8% 75 70 , 7% preferred-.100 8 1 Nat Transit—.12.50 6% Nazareth Cement. 10 Preferred -----100 78 Nehi Corp com—.* 116% 123 Neisner Bros.—; 108% 33% 160% Nelson (Herman)..5 A; Last sale, 94 1 4%% convpfd 100 Neptune Meter A..* 8% preferred-.100 27% * Mueller Brass Co..1 Mullins Mfg Corp— Class R _ $7 preferred.. 1 16 Newberry (J J) Co.* 5% pref ser A. 100 New Bedford Cord¬ 45 184 common..-.5 Preferred.-.100 age % New Britain Mach. * 67 New 41 New * Munsmgwear Inc..* Munson SS pref A-* "C" units Murphy VarnishlOO Preferred. .100 Murphy (G O) * 5% preferred.. 100 Murray Corp 10 Murray-Ohio Mfg.* Muskegon Piston n Nominal, r ?3% 7% 101 a/ /4 38% 106% 8% 112 39 30 12 60 New Idea 15 * com. 4 New Mexico A 2% Arizona Land—.1 5% Newport Indus 1 Newport News Ship¬ bldg A Dry Dock 3 22 1 Common 84 $5 7% 15 5% conv pref..* New Process Co...* N Y Auction......* N Y Air Brake * N Y Dock— 26% * $5 non-cum pf— * 5% 22% 104 26% 3 y 32% 4 9 7% 27% 55% N Y Merchandise. 10 N Y Shipbuilding.. 1 Founders shares. 1 11 N Y Transit ..5 7% 32% 43% 2% 3 15 2 Nicholson File * Niles-Bement-Pond * 6 62% 111% 5% 11% 1900 Corp— Class A com....* Class B com 1 Noblitt-Sparka Noma Elec Corp ... .5 1 11 Canadian price, 25 8 24% 3 Nor m a-Hoffman Bearings North Amer Avis . 10% 88 9 85% 13% .* ... ......— „ 37 61 110 5 10 2% 11% % 9% 10% 4% New Hav Cl com..* Preferred 74% 107% 4% 2% 51 10 Eng Gr'n Prodi England Lime units. 99 20 53% Nestle-Le Mur cl A • 2% 6% 14% 5% % * 1st preferred 2 79 _ Nat Union Radio 30c Natomas Co • Navarro Oil —* 108 20 10 — 118% 5 Mountain Prod Moxie Co pref _ 116 25% 65 5% % preferred-10 % 33% 158% , 5% National Took 32 2% 77% 75 23 49% 7% 54% 10% Nat Tea common..* 4% 5% 2 5%% conv prior preferred—100 $2 conv pref 40 6% prior pref.100 8% 3% Conv preferred..* Motor Products * Mot Wheel Corp..5 24% m Nat Supply (Pa)..10 Mtge Bk of Colombia American shares.. 64 23% 11% 26% 3% Nat Shirt Sh Del..* 265% 47 50 5% preferred 10% 12% 44% Preferred A 100 r 177% Preferred B-..100 Moore (Tom) Dist.l Moore Drop For A.* 63 38% Morrell(John) & Co* Morris (Philip) & Co Ltd 73% in 106% ..4%% pref—100 Morse Twist Drill 44 3% * Nat Paper A Type.l 30 - - - $1.50 preferred..* National Oats. .* 2% 5 Ring com...-2.50 •No par value, 107 % Monolith Portland _ Oil Co. _ 5 % % preferred. Monarch Mach T'l • McColl-Frontenac 30 3 35c' Natl Motor Bearing. Monogram Pictures 1 1 6% 4% 25% 96 16 4 23 28 65 prefer ed. 100 6% 39 23 '1% 143 6% 2% 14 Mayflower Hotel.. 1 7/ * 39% Preferred. 100 Lib McNeil & Lib.7 Life Savers Corp..5 .1 $4 preferred 110 1 . 20% %/ 29 Miss Valley Barge Line common 1 Missouri Kansas Class A 6 17% 2% 1% 20 106% 27% 7% 19% 10% 78% 15% 168% Nation! Malleable A Steel Castings.—* Nat Mfrs AStores. * 15% 109 1 * Natl Gypsum com.l $4.50 conv pref..* National Lead—10 7% pref A 100 6% pref B 100 Nat Lock Washer.20 14 52% 52% 14% 2% 13% 41 2% -20 Moloney Electric A* Molybdenum Corp 1 Master Tire A Rub* Mastic Asphalt-.-.1 Math'son Alkali—.* 8 3 /4 3% A common 25 B common——.25 ringerCo— Preferred 100 Marlin Rockwell 1 % % 6 Missisquoi Corp— 7 % preferred.-100 $1.60 partic pf—* Mississippi Glass— Modern Collet Machine Mohawk Carpet 1 Nat Licorice com 100 14% Mock Judson Voeh- Master Electric...1 24 2% 19% ..1 c. Manufac's Trading 1 Preferred —10 50c 6% I 13 5 Class B 1 Mo Port! Cement.25 6% 1st pref—100 6% 2d pref---100 Martin (Glen L)—1 Martin Parry Corp * Masonite Corp * 5% A conv pf-100 Massey-Harris. * Preferred100 Le Tourneau (R G)1 Lincoln Hall v t Lincoln Mtge * 20 5% 114% Mission Dry Corp.l Mission Oil 1 Pipe Line Marshall Field & Co* Lewis (Edgar P)pf 10 Ley (Fred T) & Co.* Libbey-Owens-Ford * liberty Aircraft... 1 Liberty Baking....* c__l (B). * 30c 4%% pref....100 v t 13% 11% Preferred-—..100 - m 16 55 1% Shirt.25 - 115 6.50 preferred..* Mission Corp. ..10 49 * 19 Leonard Refining-3 Lerner Stores.. * Lincoln Bldg 1% 1 11 9% Lehn & Fink Prod .5 Leland Electric • Leonard Oil Devel 25 Lig A Myers Tob.25 Common B....25 7 ^preferred—100 Lily Tulip Cup..—* Lima Locom Wks.* 17 Marion St Shov—* 19 Common 5 Conv preferred. 10 Lautaro Nitrate A.l Inc % 1% 13% Mapes Cons Mfg--* Maple Leaf Mill—* Preferred 100 Maracaibo Oil Exp. 1 Marathon Paper.-25 6% preferred—100 Margay Oil Corp..* 6 Machine Co.. 100 La Plant-Choate Mfg Lessings 7 19 25 .. Nat Oil Products..4 Power Tmplem 1 . 6 Co common- 21 Lanova Corp., * Lanston Monotype . 12 11% 7% 10% 9% 13% 5% Class A.......-.20 Minneapolis-Moline 23% Manning Bowman .» Lawrence (A C) Leather. 10 Lawrence Portland Cement ...100 Lea Fabrics...» Lebanon Steel & Ir.l Lee Rub A Tire -.5 Lefcnurt Rlt-y Corp 1 Conv preferred..* Leh Coal & Nav * LehPortl Cement.25 4% conv pref. 100 Lehigb Valle* ( oal * 6% conv pref. .50 Lehigh & WilkesBarre Corp. ...» Wi 79 Majestic Radio—lc Preferred... —* Mallory (P R) -* Maltine Co 25 Manati Sugar com 1 Option warrants. Manhattan Falls. 8% preferred—.50 Minneap-HoneywelJ Regulator ._.* 4% pref ser B.100 Minn Min A Mfg__* 22% 11% 13% 85 9 - * Manischewitz 2 12% Langendorf United * 105 Mandel Bros Inc.-* 7% preferred.. 100 Lanett Bleachery.10 Lane Wells Co t ..... 26% 5% 110 Nat*l Drug 6^ prf50 Nat Elec Welding Machine com Class B Nat Fuel Gas 30% Midwest Piping 1 com Preferred Mangel Stores $5 conv pref ..... Class B 25% M ahoning Invest 100 25 5% * 5% 20 14% Lake of the Woods 12 Milling.. * r Preferred 100 r 110 Lakey Fdy A Mach 1 3% Lamson Corp (Del) 5 1% Lambert Co * 12 Landers, Frary A Bakeries class 13 Magna vox Co Ltd-1 _. Clark Razor 29% Mid-West Abras.50c 11 : Nat Food Products 6% "1% Midwest 2 Dept Stores...* 8% 6 % preferred ... 10 Nat Dist Prod * 3% Nat Bnam & Htpg * % Nat Folding Box..25 Midland Steel 88 Mack Trucks Inc..* 5% 6% 3% 15% % 7% preferred. .100 Koppers Co 6%pfl00 Kresge Dept Stores 1 4% conv 1st pf 100 Kresge (S S) Co..10 Kress (S H) & Co..* 6% special pref. 10 Kreuger (G) Brew.l Kroger Grocery A Baking common.* Kobacker Stores $6 Preferred----* 2% Class B vtc 9 pref....* Nat 6 .1 Midland Oil Corp— $2 conv pref * 1% 5 12 * * Nat Chem & Mfg„ 1 Nat Container (Del) 1 Nat Cylinder Gas.. 1 Nat Dairy Prodi..* 4% 15% - * cum % .10 Middle States Pet— Class A vtc 1 Mid-Cont Petrol 3 8 11 6% M Tube.2% Sugar—* Preferred 3 * Preferred $7 Nat. Cash Reg Mich Gas & Oil .1 Mich Steel Cast.—1 69 Ludlow Valve com.* 128 Meyer Blanke Co—* 2% 1% Nat Breweries National Bronze A 36 4 161 15 7% preferred-.100 2 Mich Bumper...._ I Mich Chemical....1 155 % 15% Aluminum Fdy..* National Can Co. 10 Mexican Petrol—.1 108 16 140 28 _... 14% 106% 101 1 10 — 34% 26% Textile.—25c 16 n-c Nat Bellas-Hess Nat Biscuit-. 29 65% 1% 5% g 27% Partic pref'ence.15 103 a 7% 8 17 Nat Bearing Metals* Preferred-. 100 —— Louisville Oem.-lOO 6 % preferred- 3% 2% 7% 9a 106 4% 99% 5 Mexico-Ohio Oil—* MacAnd & Forbes 10 35 Knuasen Creamery Metal & Thermit..* Preferred 100 — Louisiana Ice & El.l 8% 1% 1% 2% 27 % Klelnert Rubber.. 10 Metal 3 21 19 7% preferred--100 Los Ang Shipbldg— 1 Loudon Packing—* % 7% 50c 49% 90 Lorillard (P)——10 ~8% 19% Warrants Mesabi Iron-1 Mesta Machine.. .5 39% 2% 20% _* Preferred.-—-100 Loose Wiles Bis.-25 63 8 ,28% 43c - 26% King Oil..........1 Kingsbury Brew—.l King Seeley com..l Kingston Products. 1 Preferred Merritt, Chapman & Scott com * 6%% pref A100 Portland 45 25 110 - 13% 23% 5% 28 1st preferred-.100 2nd preferred—100 * 100 Klmberly-Clark 13% * 6% preferred 13% 4 16% 5% Fibres common. 54 * 17 5% National Airlines--1 National Automotive 10 Cement com.. "l% 22" 20% 11% 63 13 Nash-Kelvinator -.5 Nast (Oonde) see O Nat Acme Co .1 118 preferred—100 Longhorn 29% 6% preferred--100 Lino.* Long Bell Lum A—* $5 26% 2% 46 10% 1 com. Merventh'ler Common 27% 100 Kentucky Stone vtcl Key Co common..* Keves Fibre com..* ... 28% . Assn t New stock, x . 1 r% 72 43 15 Nashua Gum and Coated Paper...* Nash Co. 25 Merrimac Hat... . - * Preferred-.50 Loft CandyCorp.—1 Lone Star Cement.* 5 $1.25conv pref..* Ken-Rad Tube A Lamp A— ..* 23% Merck & Co....—1 Is, 194% 18% Kennedys Inc. 18% 15 14 $6.50 preferred..* Loft Inc—1 B 16 96 33 .. 5 lig 24% 6% Muskogee Co-..—* 6% preferred 100 Myers (PEjai Bros.* Myles Standish vtc* Nachman Springf..* Narragansett Racing 74 22% Class 27% 107% 3% Bid Par Per share 130 10 Merchants RefTig..* Preferred 100 17% 14% Stocks A* Locke Steel Chaln.5 Lockheed Air Craft.l Locomotive Firebox* Loew'sTnc. com...* 13% 6% 126% Ask share ..100 Kelly Springfield Tire common 5 Kelsey-Hayes Wheel .1 1 .... Brothers-—.--* Preferred- Kellogg^ ^Spencer)— 13 % 6 Preferred. .....10 -1 23% Melville Shoe 5% preferred.. 100 MengelCo —-1 30 5% conv 1st pf-50 Mercantile Stores. * 10 Preferred^ -100 9% 11% Merchants & Miners Transportation--* Loblaw Groc Ltd Class B Conv class A 48" . Lion Match.......* Bid Per Mead Johnson com * Prior preferred. 50 Lion Oil Refg Par Stocks Ask STOCKS day of the month preceding the date of Issue share Lincoln Service--100 .... 114 7% preferred.. 100 Kellogg Co Per 102 Keller Dorian Colorfllm... 20 Kellett Autogiro...l MISCELLANEOUS are as near as possible for the closing 10% 13% Ex-dividend. june, 1941] industrial & miscellaneous Quotations for all securities Stocks Bid Ask Per Par 1 7K No Am Refractories Glass A _ B o 7% preferred...60 Norw Pharmacal.2 K No-Sag Spring 2 Novadel Agene....* Noxzema Ohem 1 IK 35 4K 4 34 K 8K 4K IK 7% 18 17 18K 2\% •2 28 11?* 18 19 18 K IK 2 155 19 K 16K E* 9« IK 6% preferred—100 112 U3K 115 18 145 19 5% preferred....* 23 Oil Exploration 1 Okonlte common 100 95 6% preferred—100 Oneida Ltd coml2H Preferred .25 -25 Prod..* $4 preferred * $6 preferred * Record com.* Preferred. .100 Philco Corp com—3 ... Phillip-Jones Corp.* 7 % preferred- -100 Phillips Packing * Phillips Petrol * Phoenix Hosiery—5 7 % preferred- -100 .-5 Pierce Butler Rad-5 85 16 K 87 18 K 32 $5 pref * Pitts Forgings 1 conv 3 1 2 Pitts Screw ft Bolt.* Otis Steel Co 15.50 143 * 6% 1st pf.* couv Outboard 14 K 120 42 K 7% .... 51 2K 60 41K 2K 41K 3K 52 K 3K 51 14 if* Pittsburgh Steel—* 5K% prior pf.100 5% pref A 100 7% oref B 100 46 2 5K 4K 30 3 15 K 3 12 6 5K 73% 5 6 Manufacturing.. 5 16 16?* Preferred .....100 Pitts ton Co * Outlet Go com....* 48 49 Pleas't ValWine Col Pac Amer Fisheries 6 Pacific Can Co * Pacific Coast Cem.* Pacific Coast Co..10 1st preferred * 2d preferred * 115 39 K 91 48 50~ Plough lnc 7K Plume & Atwood-25 Plymouth Cord. 100 Plymouth Oil 5 14 8 5 Pneumatic Scale 10 13 ~5K 4 68 8K IK 2 2% 2K 11K 5K 6K 43 K 2K 66 K 7K 46% 2K 68 Palmer Bros * Pan Am Airways..5 35c 55c 11M Pan Amer Match.25 Pan Amer Petrol ft 10 UK UK Pacific West Oil—10 * Packard Motor .* Package Mach Page-Hersey Tubes * Transport. 6 Pan-Amer Southern! (Thos G)— 7% 1st pref-.-100 12 K 6 8K 9 10 K 11 1 * 18 7H Poor ft Co class B._* 5K 19 Class A ..» Potrero Sugar com.5 Preferred. 5 Powdrell ft Alexan.5 Pratt Food .100 Pratt ft Lambert--* Prentice Hall * pref * IK IK American sharesPantex Pressing Machine common * 3K 3% 5% conv 1st pf—5 5% conv2dpf—50 Paraffine Co Inc..* 4% conv pref-100 Paramount Motors 1 Paramount Pictures 1 6% 1st pref...100 _ 6% 2d pref--10 Parke* Davis Co..* Parker Appliance Parker Pen 10 Parker Rust Prf.2>4 Parker Wolverine. * . Parkhill Gdns v t c. Parker Young units Park ft Til ford Inc. Parkersburg Reel Pressurlube 4 5K 46 43 27 27 K 98 K 3K 10 K 93 K 102% 10 K 25 10 K 26 UK 11% 13% 17 18 7K % 4 10% 98 K 13 8K 7 "9~" 15 15 K Rig 6K K Par melee Trans... Pathe Film Corp.. 7% preferred-—. Pawling Refining— Pathe Laboratories % 8% 8K 109 111 IK 32 7K 6 Peck, Stow ft WJlclO 6K 5K Peerless Weighing i 20c " com PreferredPelham Hall 4 v t c 2K . Timber com..* Preferred......20 Pullman lnc „* Punta Alegre Sugar * * 6% conv pref..100 6% preferred—100 Purity Bakeries...* * 4 K% preferred. * Pyle National Co. 5 Pyrene Mfg. 10 Quaker Oats——..* 6% preferred-.100 Quaker State OU..10 Quincy Market Cold _ Stor ft Whse.. 100 Preferred .100 Rademaker Chem.l Pender (D) Groc'y Class B 8% preferred--100 5% preferred.. 100 Producers Corp of Nevada .1 P-osperity Co B * Publication Corp..* 1st preferred.. 100 Original pref. .100 Puget Sound Pulp ft Purolator Prods 1 29 Peerless Cement... Vending lnc 1 Price Bros ft Co...* Preferred ..100 Proc & Gamble * Pure Oil Co 5% common... ... 17 Penick & Ford-—. 45 46 Radio Corp of Am. * Penney (J C) Com. 78K 80 $5 pref B ....* $3.50 conv 1st pf * Radio-Kelt h-Orph.. Common 1 Penn-Central lines Air¬ 9H 41 Corp Penn Coal & Coke Pa-Dixie Cement.. 7% conv pref A— Pennsylvania Forge Penn Glass Sand. - 9K 2K 2K 42 K ll" i4K 1% 2K * 5% preferred.. 100 111% 108 Penna Industries- Units... Penn-Mex Fuel..50c Penn Rivet Corp__l Penn 8alt Mfg 50 Penn Sugar Penn Traffic 20 2 % Penn Vy Crude OilClass A........6 Class B.......lc Units _ .... Without par value, 24, % K 163 13 2% 2 5K K 1 165?* 16?* 3K K 2c K a 5c 8% 27 Polaroid Corp Pollak Mfg Porterfleld Ai rcraft 1 Porto-Ric-Am Tob— Class A ....* Potash Co of Am. .5 6% conv pref.100 Option warrants. preferred—. .100 Randau Corp pt A_* Class B... * Rapid Electrotype.* Rath Packing .10 Raybestos-Manhat * Raymond Concrete Pile common....* $3 conv pref * Rayomer lnc com. .1 $2 cum pref 25 Ray-O-Vac com.. * Called for redemption, see page 15% 10% .10 . Rheem Mfg Co 1 Rhinelander PaperlO * Corp.* Richmond Radiator 1 Richmond Cedar 8K 6K 21 K Riley Stoker. 3 Rlsdon Mfg Co 25 Hitter Dental Mfg.* River Rasin Paper.* Riverside CementClass A * Class B * Bobbins ft Myers * Preferred .25 Robertson (H H) • 1 IK 3K Rogers Peet 100 Preferred 100 4 11 18?* 18 % Rome Cable Corp.5 Roosevelt Field—-5 36 38 Root Petrol Co.— 1 45 6K 46 K $1.20 conv pfd.20 Roper (Geo D) 10 7K 10 K 10 10% 34 K 35c 35 K 9K ~9K 50K 50 K 220 115?* 118 % 4K 32 K 5 36 109 109 16 16?* 21K 27% 4K 9K 89% 27 Vs 5K 9K 22 K 98 90 K 99 10 K 3 10% 3K 70 85 10 8K 7K 75 K 149 9% 80 151 9K 14 K 54 8K Scullin Steel......* Warrants 8 Seaboard OH (Del).* Seagrave Corp....* 15 K Sears. Roebuck- 10 K 5 ~5K Security Storage. .25 Sedgley (R F)lnc 50c Seeman Bros.. * Segal Lock ft Hard¬ 4K 5K 8K 8 56 3K 18 K 85 K 8K 17 K 102 3K 18 K 100% 87 K 8% 19 K 103 K 63 12 K , 12 K 86 K 6% 50 28 K 11K new w i common......-.1 Royal Development 1 Royal Dutch Co of N Y ord shares. Royalite OH * Royal Typewriter.* 7 % preferred- .100 Ruberoid Co.—---* Russeks 5th Ave.2 H Russell Mfg—-—* Rustless Ir ft Steel.1 $2.50 conv pref..* Ryan Aeronautical 1 Ryan Cons Petrol.* Ryereon & Haynes.l Safety Car Heat ft Ltg (Del)..-.50 Safewav Stores—..* 5% preferred—100 St Croix Paper. .100 Preferred -100 pref A, _ Sentry Safety Con.i SerricK Corp cl B-.l Servel lnc 1 Seton Leather.....* Sharon Steel Op.—* $5 conv pref * Sharp ft Dohme * $3.50 conv pf A— * Shatterproof Glass 1 28 K 12 K Sheaffer . Shattuck (Frank G)» (W 9K Shell Union OH 5K 90c 112 50 K 60 K 2K 42 K 2% 45 S8J JP* 70 20 3K 6 K 'il*6 75 8K K IK 33 K 8K IK IK .-15 1 13 14 3K 48 SIH St L Rocky Mt ft Pacific Co.. 100 Preferred 100 St Louis Screw— . . * 3 3% 8% 4K 10 K 62 K 3% 51K 3% 5K 36 K 5 14 67% 9% 22 16% Paint common..* Simms Petroleum. 10 50c 30 7K 8K M K Co 7% pref.-.100 Simonds Saw ft Steel 97 2K 102 K Common.......* 14 K 19 K 15 K 3 20 Simplex Paper....1 Simplicity Pattern. 1 Simpson Ltd B——* 100 Preferred 8% IK "9 K '1% Singer Mfg..... 100 Singer Mfg Ltd £1 Sioux City Stock 26 12 K 16 9 30 9 12 Preferred.......* Skelly Oil 15 IK 24 2K 1 55 102 K IK Sirian Lamp com..* 33 29 20 -20 Yards com Preferred 9% 2K 2K Skilisaw lnc IK 8K 1% 8% Skinner -Organ Sloss-Sheff S ft I ..5 15 K 25 27 K 9'i 101 12 13 $6 preferred... Smith (A O) Corp 34 Smith ft Corona 28 50c Typewriter __...* Smith (Howard) Paper Mills * Smyth Mfg 25 11 Snider Packing— Snyder Tool ft Eng.l Socony Vacuum.. 15 Solar Aircraft-—1 Conv A pref.. * Solar Mfg ...1 13?* 3?* 8?* 2K 5% K Sonoco Products—5 30 Sonotone Corp 1 Conv preferred. .1 IK UK 2K IK 37 K 26 40c 9 11 16% 52 56 130 138 15% 2% 17 K 16 3K 18K 10% 40 K 3 2K 44 3K 2K % % * 10 Soss Mfg common. 1 South Coast Corp--1 South Penn OH 25 112 16 12?*. 7k 50 So Porto Rico Sug.* 52 K 30 K 111 15 8% preferred—100 132 55 38 K South Shore OH ft 112 Development—100 K k 84 74 S'eastern Greyhound Lines common...5 14% 14 % 99 'Ik 13 21 22 Bag & Paper— $2 preferred50 6 % preferred- -100 25 27 76 78 Southern Groc com* 9 22 6% conv pref..20 Southern Advance ... 115 20?* 21% Southern, New England Ice cl A South'n Pine Line 10 8K Southern Phosph.10 Southland Royal 5 15 6 95 3 7?* 5?* 5?* ~8K South West Penna ft Bolt com.. St Paul Union Stock Yards Pipe Lines.....10 * 27 J* IK 88 K Spalding (AG)ftBr.l 1st preferred * Sparks-With'gton. . * Spear & Co ....1 $5.50 preferred..* Spencer Kellogg...* Spencer Shoe --* Sperry Corp v t c-.l Spicer Mfg Co $3 conv pref A * Spiegel lnc com—2 $4,50 conv pref..* Sport Products—.7 Square D Co 1 5% conv pref-100 Squibb (E R) ft Son* $5 pref ser A * 29 St Regis Pap com—5 7 % preferred. _ 100 Salt Dome Oil 1?* 89?* 25* % 2 K K Samson United—. Sanborn Map 2K Units.—.. 8K 94 Savage Arms......* Savannah Sugar...1 Savoy OH.........5 49K 27% K 3K 10 50?* 12 25 29?* 1 24 K k Last sale, 85 7K K Simon Brewery.... 1 Simon (Franklin) ft San-Nap-Pak com.l Preferred. 8K 23 69?* 43 1% 8 11% 2?| . Simmons Co .* Simmons H'ware ft 46 14 a« 14?* 39 9 42 48 37 IK Sanitary Co of Am 8% preferred .100 13 K 2?* 7K 23 4 46 1?* 69?* 79 4K Sher-Wms Can. * Preferred .100 r 108 K Shuron Optical....* 14 19 19 K 9 14* 35 99 50 ---j. 110 Simmons-Boar dma n Pub $3 convpf..* 22 94 18 K 85* 5% pf ser AAA 100 Silex Co K 20 25 44 99 97 46 ft Hoist 25 Sherw-Williams —25 98 32 K 110 3% 98"" Shepard Niles Crane —100 St Lawrence Paper Preferred. 100 80 HO. A) Pen* SheU Transp ft Tr—American shares- Preferred.. .100 70c 3K 19 K 6% 15 K % 50 110 26 k 18 2K 5K St Lawrence Flour Mills com.... 100 Preferred * 15 8K St Lawrence Corp conv . 7K 52 K Rose 5 10&25C Store $2 ._ 34* 108 106 K 26 31 Roper Lumber— Ctfs % J 1 ...50 ware com.. Preferred 1 60 86 % 5c Seiberling Rubber.* 5% preferred—100 Selby Shoe * 60 26 2% 3% 8 preferred.. 100 3K% pref. 100 13 K 9K 101K 100 * * 2d 8 5 % preferred- .100 Roeserft Pendleton * 25 25 Robertson Pap Box.5 Rochester Button * Preferred 23 Scovill Mfg Scranton Lace— Scruggs-VanderBarney com 5 1st preferred.. 100 531 7 * Rockwood ft Co 22 4K 7* Works common -10 Preferred 20 K _ Ralston Steel Car. 10 ... 7% preferred.. 100 5K% pref. -..100 Reynolds Metals..* 5K% conv pf.100 Reynolds Spring. 1 Reynolds Tob....10 B common 10 55 Refining com 1 Pantepec OH Co— Preferred.......* 3K 9 ?* 15 K 8K 51K Pressed Metals Am.l Pressed Steel Car__l . 4K 3 K Scott Paper » $4.50 preferred. $4 preferred.....* 52 104 100 K Rlegel Paper... .10 Rieke Metal Prod 1 3K 8% preferred—100 50 Republic Aviation. 1 Republic Steel * 6% conv pref.100 6% prior pf A. 100 Revere Cop ft Br..5 Cass A —_ Schulte Retail Stores 49 K % K K Pocahontas Fuel. 100 -10 25 com-. Conv preferred.25 K 2K c..l v t Warrants.... 30 91 - com w w Richfield OH 89 conv Panhandle Prod ft Rem'tn Rjind Reo Motors Rice Stix Dry Gds_* 1st pref. <_100 2d pref 100 Richardson Co * Plant 40" 7% preferred—100 Owens-Ill Glass. 12 H Ox Fibre Brush.. 100 Oxford Paper com.* $6 preferred A...* $5 preference * Pabst Brewing Co.* Remington Arms-.l Rican Corn 49 % 1 6K 4 15?* 74 K 5K 6K 46 12 K 17 Reliance Mfg Co. 10 Preferred 100 Reliance Sceel 2 32 10 K 79 K Schulte Real Estatel Preferred 100 Schulte (D A) com.l 3K Reis (Robt) ft Co..* 7% 1st pref—.100 Reiter-Foster OH.?* Reliable Stores * Per Schenley Distillers.5 5?*% pref 100 Schettler Drug— $1.40 preferred..* Schlff Co IK 25 16 K Mills Ltd Preferred 75 11 50 31 IK 23 ...25 Regal Shoe Regent Knitting Preferred Pa IK IK 100 pref. 100 6 K% pref Bid Stocks share 17 H 3% 89% 35 K 59 62 10 K 15 Pitts Term Coal- -larine & Reed Roller Bit....* Reeves (Daniel) * . 6K Ask Per 100 . ..... 34 5K Units 50 Preferred. 100 Reliance El ft Eng 5 5 76 8K preferred—100 5 70 2K 9% 14% ll* 86 18 Pitts Coke ft Iron..* Preferred 5 15 5K 30 9% 6K 2% 28 H 1 Pirelli Co of Ttaly— Am shs 500 lire Pltney-Bowes Post. * Pitts Coal (Pa)-. 100 6% preferred--100 20 6 8% 4K 19 K 2K 16% 5% 7 99 K 3K 31 84 3K 24 2K 16?* 5K CVSuiUvan Rubber. 1 Elevator.....* Red Rock Bottlers. 1 Reed Prentice com.* , K * Preferred. 2K 115 91 87 8% conv pref.100 Pilgrim Explorat—1 Pillsb Flour Mills-25 Oswego Falls comlOO Otis Engine ....1 Reda Pump ..._* Red Bank Oil.....* 15c IK 18 K 8% 6K 2K 28 K 4K .5 _ "6 K Pierce Oil Corp— Piper Aircraft 26 IK Pierc Governor—.* Pgh Metallurgical 10 Pfttsg PI Glass—25 Oppenheim Collins.* 5K Pick (Albert) com. I Preferred.. Ohio Rubber * Ohio Seamless Tube5 Oliver Un Filters B * Omar lnc ....1 Phelps-Dodge Phila Dairy Phila Preferred .100 Ohio Brass class B_* 6% preferred..100 Oliver Farm Equip.* Petrol Heat ft Pr__* Petrolite Corp .... * Pfelffer Brewing—» Ogillve Flour Mills Ohio Match ..._..* Ohio Oil Co * 16% 94 K 23 Pbaris Tire ft Rub.l 19 K Mills common. 7 % preferred. .100 Kearwin Aircraft ft 39 5K 21X 4K IK IK Ohio Forge ft Machine Corp. * Ohio Leather......* 14% Bid Par Raytheon Mfg..50c 6% preferred .5 Real Silk Hosiery _ 3 24 35~~ 2K 8K Oceanic Trading. 10c 1 2K 23 22 6c - Stocks 165 157 Per vel Corp ....... 1 Peter Paul Candy * Pettibone Mulliken * 24 5K Nu-Enamel Pennzoll Co com..* Peoples Drug Stores5 Pepsi-Cola.. ..* Albany Bottl Co .4 Perfect Circle * Perkins Machine and Gear com.... * Preferred.... -* Permutit Co—....1 - 10 . Ask Per share 23 19 22 K 22 K Pet Milk. * Petrol Conversion-1 32 K ... N'west Yeast 50 Norwalk Tireft Rub* J* 3% 3K Northrop Aircraft Glass A........1 Warrants- 4 30 6H% preferred 100 North Central Texas Oil......-5 N'east Airlines .1 North German Lloyd Amer shares.. North ft Judd 25 North Pipe Line.. 10 Northwest Airlines-* N west Engine....* 9 2 ...... Glass 2K 6K 89 stocks possible for the closing day of the month preceding the date of issue Bid Stocks share North Amer Oemen Common....... Glass A pref Class B pref are as near as n Nominal r HqnoHJan nrino # ATaw ofAnlr 24 % 6K IK 3 6 5?* 28 1 7K IK 3% 74 17 K IK 33% 30 K 58 K 5K 44 K 7 36 K 1UK 36 112 17% 2 34 % 5?* H 46 7% 37 K 112 K 38 114 90 INDUSTRIAL Stocks Par Per share com_.*| Stahl-Meyer 1% % 100 10 StaleyMfgOo.—.10 14 7% Preferred.-100 $5 preferred * 110 Preferred Standard Aircraft Products (units). of the month preceding the date of Issue Thermoid Co 6 IB 5% 106% 110 SA Standard Brewing. * Stand Cap & Seal__l Oonv preferred.10 - 14 1 5 4% Thompson Auto Arm 1 Thompson (J R)—25 Thompson Prod.. $5 conv prior pf_* Thompson-Starrett * $354 preferred * 37 38 $1.60 conv Preferred Standard Oil Co— Time Inc Todd * 3054 * 25 2054 28 % 21 Kansas 10 45 49 Kentucky 10 1854 Tishman New Jersey 25 Ohio common..25 100 38 Steel 2 45% -35% 3 54 38 20 Stern Bros 70% 10H Stone & UdyliteCorp 1 Underw Ell Fisher.* Unexcelled 15 1 1 2 25 Union Corp 2%> 22% fS) ~2% 13% 23% Union Premier Food Preferred United 354 United il 17% United Chemical. $3 part pref 57% 454% cl A pref 100 Ray Drug____l 0% Tvreferred 117 54 25 24 1 Class B 30 38 Class B Coal 9% 12% 2% Superior Steel 100 Superior Tool & Diel Susquehanna Silk Mills class A....1 Sweets Steel Swift Business Machine Swift & Oo % 13% 17% w w 1 Preferred 6 1* * 5 * 7% 3% 47 4 * 32% Term Warehouse 100 10% 8% 3% 7% U SHoff 4 5% % 53 U S Leather si" Partic & 39~54 Land $1.50 a 5 com..* conv A. _ U 8 Lines pref * U S Pipe & Fdy. .20 U Playing Card .10 U S Plywood Corp.l 6% 4% pf._50 7% prior pref. 100 33 1 Machine.5 conv Holding * U 8 Tnd Alcohol...* 7 39% TexPac Coal & Oil 10 No per value 1 Freight * IT S Graphite 5 U S Gypsum 20 7 % preferred... 100 U S Texas Corporation 25 Texas Gulf TTod * Texas Gulf Sulph..* * * IT S Foil B conv 8% 2% iX 5% 7% 5% 3% 1% 22% 7% 3% 35% 60% jy* 22 3% 3% HI* 105% pref.20 "% 4% 9 6 iS* 4?* 22$ 3% 67% 0% 3% 20% 29% 21% 27% Corp White Sew Mach 13 48 11 4754 140% 149 151 ' IF' 13% 1 ¥ $4 conv pref * Prior pref.: 20 White (SS) Dental 20 White Rk MIn Spgs- 148 16 14 33$ * $5 conv prior pf_* White Motor 1 Oommon n% 4% * .. 45 :■ 1 15*' 96 8 o 48 108 . - 5% Spencer 4% Steel common.. 10 33 Wico Electric Co__* Suchard Wilbur % 14% 13% 100 * 7% preferred.-1O0, Wichita River Oil. 10 Whittaker Paper. Wick wire 30% n» 100 Preferred.. 1% % 17% 2% 15c Chocolate com 50c 1 $50 Preferred 7 10 80 90 23* 24 13 Preferred 100 Willcox & Gibbs._50 67 70 Wilcox 1% 5% Wilcox Gay Corp__l Will & Baumer * F) (H 110 0% Oil 1% 1% 5 Gas... Wm 25% 26 Oil-O-Mat * Williams (R C).._» 114% 116 Wlllson Products..1 37 Willys-Overland 1 6% conv pref..10 12% i\y* 33 100 10% 1% 3% 4% * $6 preferred Wilson Line * 07 * 21% Synd 2 Vertientes-Camag'y Sugar common..5 Vicana 8ugar vtc.3 25c 2 Winsted Hosiery 100 10c 5c 39% 40% 21 22 1 5 com * 6% partic pref. 100 Va Iron O 8c C..100 5% preferred-.100 VngtMfg * Vulcan Corp 1% 21% 39 * 4%% preferred._* Vulcan Detlnnlngl 00 7 % preferred.. 100 Vultee Aircraft 1 Waco Aircraft * 28 % 19% 47 4 5 9% 8% 57% 177 6% 44% 6% 23 3% 74% 0% 4% 26% 31% 22% 28% preferred The fi 50 Goodwill 5 25 Portland 10 2 Wolverine 4% 5% 6 % Cement com Wolverine Tube Wood (Alan) Steel.* 7 % preferred . 100 Woodlawn 70 Oemet'y* 4% Wood ley 6% I* Petrol 1 Wood Newspaper Machinery pref..* 7 76 90 23% 25 Woodward 4 28 Prior pref units.. Woodward Governor 5 0% • 9* Waldorf System. ..* Walgreen Oo com..* 4%% pref ww 100 52 107% 6% WJR . 96 141 6% 3% % * * t c v Worts * com * 18% 98% ill* 25% 13% 20% 13% 4 2 84 » » . . _ * 7% preferred.. 100 Warner Bros. Piet._5 $3.85 preferred..* Warner Co 18 454 854 3% -4K 15$ 3% 59% 254 Preferred.. * Warner & Swasey..* Warren Bros * 19$ $3 preferred Warr n Warren * Fdv 8c Pipe * Wayne Pump 1 Webster Eisenlohr.* 7% preferred..100 Welch G'pe Juice 2 % Preferred Wellington Oil .100 1 Wells Fargo 8c Co__l Wentworth Mfg. 154 Preferred * Wesson Oil 8c Snow¬ drift com * conv pref * 43 120 (F W)_10 Wool worth Ltd— Am dep rects ord. 14 7 354 - - - 1954 s>? 8 2654 36 39 15 1614 254 80 10% 18% 108 2% 54 lVs 10% 7% pref A 100 6% pref B 100 4 % % conv prior preferred 100 4%% series prior preferred 100 Wurlitzer (R) com 10 "2% * O page 110. k Last sale, Nominal, r 18% 90% 86 59% 50% 86 62 7 95 69 % 18% 12% 117% 2% * York Ice Mach 7 % Preferred..100 Young (J S) Co..100 39 100 129 Preferred 79 Young (L A) Spring & Wire Corp * Youngstown Sheet & Tube common. _* 5%% pf A..100 Youngstown Steel common 5 9% 15* 6 Youngstown Steel Door common * 1454 1 * 1 10 Young (Thomas) 11* 22 72% Nurseries com Zenith Radio Zonite Products n 3% 40 25 8c Coach Mfgcl • Called for redemption, see 2654 B—1 7% preferred.. 100 Truck Yellow Car "2" 100 Wyman Gordon Yale 8c Towne 16 25 14% 15% 2% Worthlngton Pump & Mach .__* Preferred 64 - Worcester Salt.. 100 Wright Aeronaut'l.* Wrigley (Wm) Jr..* 16 (Northam) $3 conv nref • Waukesha Motor..5 $4 " 22 454 754 * com Iron.. 10 Woodw'd & Loth'plO Preferred 100 Woolw'th 13% 20% Preference com Com class A Com class B. 12* 21 91 7% prior pref. 100 6% preferred.. 100 44% 9% "75 120 2.80 10 10 A Station 10% 8% 1% 32% 136 Class B Class O 7 % preferred. .100 Wagner Electric. .15 Waitt&Bond Inc A * Waltham Watch 50c 41* 3 ' Winters & Compt.l Witherbee Sherman Class ?B 2 14% * $3 preferred 88 100 Preferred Wllsonite Products 1 * Wilson-Jones 5 8c 1 Wheel Steel iii* Wilson & Co WalkerjH) Good'm V* 4% 35? tl* 4%% pref. * Weyenberg Shoe 1 Weyerhaeuser Tlmb* RIO 18% * Preferred 100 Ref 8c Pacific Trust efts 100 Finishing Westvaco Chlorine. * 6 54% 5% 2% 6% preferred 10 Ward Baking Corp— 1 12 % . 1.05 Walworth Co 1 2% Electric Instrument. .78 11 West! and Oil Weston 1 19% 20 Westmoreland Inc 10 51% 5% 2% Vega Airplane 1 % Venezuelan Petrol. 1 12 U S 3 2% 85% 124 Veeder Root Inc...* 26 Distributing 5 7% conv pref. 100 U S Envelope 100 1% Warehouse Corp50 Term & Trans com. 1 Texas 100 * A 49% Victor Chemical 154 U S 15% Telaut'g'ph Corp. .5 Preferred 7% 1st pref...100 Vapor Car Heating * * Un Shoe Mach—.25 Preferred 25 United Specialties. 1 29 Iron & Steel com.* IV od o B U 8 Corp Machine Tool.2% Van Raalte Co Preferred Shipyards B Coal com 43* <fc Class B k Westinghouse Elec <fc Mfg com 50 7% 1st part pf_50 Westmoreland Van Norman Profit Class Taylor-Wharton Terminal * A Un 0' 0% * Class 38% 10% Taylorcraft Aviat'n 1 Oonv preferred A * Taylor & Fenn__100 Ten nessee * Corp Milk $4 preferred United Screw & Bolt 33 Tampax Inc 1 Tappan Stove 5 Taylor-I lolquitt Co 6 Tennessee Valley Osage Oil—* Valspar com 1 $4 conv pref 5 Valvoline Oil comlOO Wagner Bak 25c 10% preferred..10 jy* ..... Inc * 60 1 Sharing 5% 5% 1 $2.60 pref * Talon Inc common. 5 Preferred 10 Technicolor 65 70% United ml% 2% Class 1 Taggart Corp 5 dep rcts_.£l Unit Paperboard. 10 1 x w 3% 21 20% Common Common 5 com Preferred 100 Unit Piece Dye com* Preferred 100 dep ctfs of bear shs Sylvania Industrial * Symington Gould— 1% 21% Amer 4 1 0% 4% 3 1% 18% 2% % % Concrete. 1 VadTo Sales Corp.* 7 % preferred. .100 Vacuum Va Coal 8c Iron..100 $3 partic pref * United Molasses Ltd 19 25 Swift Internat Ltd—• 17 1 com Westinghouse Air Upson Co com. 12 % Utah-Idaho Sugar. 5 Va-Oar Chemical. UfOed Milk Prod..* 17% 5% Sweets Co of Am.50 Cos .... Vinco Corp * United Merchants 6 Mfrs v t c 2% Swan Finch Oil... 15 Preferred 25 fa Electric Un Eng & Fdy United Fruit 1 Sutherland Paper. 10 1 United Elastic. United 44% 13% Vick Chemical.... 5 Drug 5 United Dyewood.10 7% preferred. .100 2 23% 47% 14% 15% Brake common..* Oil 23 % Tablet 8c Stationery * West gate Greenland 7% first pref .100 Venezuela 10 100 .. United 15 % * com 42 9 * Class B jy* 39 554% conv pf._50 Superheater On ...» Superior Oil Corp__l Superior Oil (Cal) 25 Superior Portland Cement A pref..* „ * United Cigar-Whalen Stores com 10c $5 preferred * United Drill & Tool Class A 10 Sun Sunrav Oil Carbon 5 90 Union common..* Western V ardaman Shoecom 1 Vs llVs 110% United Cigar Stores 11 52% 6 % preferred ..100 all6,s32 Preferred 1»* 5% preferred.. 100 Unifed-Carr Fast..* J% 29 * . J 6% 13% United com * 4% 4 Whitlock Mfg Co 25 Whitman (Wm)— 8% preferred-.100 10 Theatre.* 12c* 3% 4% 3% Preferred Biscuit 53% 15% Van Camp warrs. 71% 53% 117% 70% 116 8c 74% Western Groc Ltd.* r Preferred 100 r 107 Western Newspaper 2 Vanadium 1154 * Submarine Signal.25 Sullivan Mach'y * * warrs. Preferred 61$ 101% 14 59 1% 1% 25% 100 West Grocer Co. .20 Cartridge Co Preferred * Lines Transport Un Artist 13 1.25 preferred..* Studebaker Oorp__l Sun Air 8% 1st pref—100 28 8 warrs Universal Corp vtc.l U ni versal -Cyclops Steel Corp 1 Unlv Leaf Tob....* 8 % preferred . . 100 Universal Pictures. 1 20% 10 Western % R 56 38 $6.50 series $7.00 series $7.50 series rjloeo 2% 15 104% 3% Supply— Common 89 59 Conv partic A—* 45 11% 38% 8% 2% 1% 1% West Auto Universal Cooler— 27 % 5 90 Hirshberg.* com 42 Rope..* United Aircraft Strutbers Wells Titusville __15 Union Wire 15 12 Stores com Un St Yds Omaha 100 Union Tank Car * 7% non-cum pf.25 U S Truck Lines.. 1 Un Steel & Wire * United Stockyards. 1 Conv preferred..* United Stores A 5 $6 conv pref * Common 50c. United Stove 1 United Wall Paper.2 6% prior pref. 100 Universal Consol Oil —10 Valley Mould & Iron Common. * Preferred * ' 69 Mfg * * Preferred Lines. 1 Western Air 2{* 23%. 5% $7 conv 1st pref "" U 8 Sugar Corp 1 5 com Preferred. 100 6% 3 Utah Radio Prod._l 13 H 103 81 & Co..* 7 3% 31% 3% 68 % 13 8 Strawb'ge & Clothier 6% preferred.. 100 7% preferred.. 100 Strom berg Carlson.* 654 % preferredlOO 5% 17% * common Un Aircraft Prod__l Coke & Coal common60 2 25 % * 33°g Mfg.. 10 Bag & Paper 4% 8% 10% Union Oil of Calif. 25 3% 1154 5% 25 1 Union Carb <fc Carb * Union Stonega Stroock 8trouss com_.1 554 53 1 Webster Coach * Corp Universal Prod 5% 10% 0% Common $1.60 preferred..* 13 Stinnes (Hugo) CorpS Stix Baer & Fuller. 10 Stokely Bros ( onv pref cor v preferred—50 7% preferred.. 100 U S Stores com..50c 7% pref * 20th Cent Fox Film 4% 42* 52 25 5 g 7% 9% 1% 10 Lainp_..l Tung-Sbl 154 5% % * Ste war t-W ar ner 8 Steel Truscon 80c div * common Preferred A Stetson (JB) Preferred 3 2 4 Twin Sterling Brewers... 1 Sterling, Inc 1 $1.50 preferred..* Sterling Products. 10 8* 35% 3% % % Truax-Traer Coal.. * 8 54 1 1 7 Trunz Pork Stores.* 9 54 9 10 33 * Trojan Oil & Gas of Delaware .1 Sterling Aluminum com Forging 1st warrants 30 pref 42 9% % 2nd warrants 69 15 37 7% Coke 15 26 87 7% _.* West Va Pulp Pap_* lVs % 3% West Va Coal & 3% 21 1% Preferred A * U S Sm Ref 8c Min50 U S Tobacco 27 3 preferred— Prior 3% Transwestern Oil. 10 % 50 1 2% Trans-Lux Corp 1 Williams Triumph Explos Steel Co of Can...* % Transue & 23 Preferred 25 Steel Products Eng 1 ^tein (A) A; Co com ♦ Sterchi Bros Stores.* 42 33% 5 U West Indies Sugar. 1 West Michigan Steel 27 Foundry 6% preferred—50 S Radium A * S Realty & Imp.* S Rubber -10 8% n-cu 1st pf.100 S Rubb Reel * U S Steel 31i£ & West Air Line 18 21 34 U 5% 2d 13 Trico Products..._* 25 109 92 26 Transcontinental 5 554 1854 154 5 Pump Securities..* Preferred 100 A* Starrett (L 8) Co..* Starrett Corp— Common v t c-.l Products 3% 89 Towne 42 43 54 6% 1st pref * * Toledo 125 Phosphate & Acid Works 20 Stanley Works % % Shipbulld..* Torrington Co * & 19% 3654 38% 110% 8 Standard Screw..20 Preferred A 100 Stand Silica com... 1 Stand Steel Spring.5 Stand Tube cl B 1 Standard Wholesale 2* -m Tokhelm Oil Tank 38 54 109 Standard Products. 1 Realty Expts.. Shipyards.. Tob I Tod \ 9% 97% 0% 25% 23 U U 9% 90% 10554 U 'A 13 1 Aircraft 28 % Timkeh-Det Axle. 10 Tim ken Roll Bear.* Tlmm California Indiana * com jy* 108 11 4%% conv pref.* Tilo Hoofing com..1 a* zV Stand Fruit & S S.10 5% pref 3% 20% 106 $1.40 conv pref.20 154 12 54 20 1 15% % 1 pref.20 50 37 6* 1 6% pref A U S Radiator 37 14 Stand Commercial Tobacco com Stand Dredging 26 3t* 10 Tide W Assn Oil.. 10 Standard Coated Products com. 10c Preferred 4 3% 12% jy* * U 8 Print & Litho— Common -* Per Par U S Postal Meter.. 1 TT S Potash Bid Stocks share A 3% 32% 1 pref conv Ask Per Par share 5 $3 100% 98 . * pref. Texon Oil & Land..2 Bid Stocks Ask Per 3 T Date her Mfg _* *3.60 conv pref..* 35 15 Thew Shovel Standard Brands..* $4.50 Bid Stocks Ask Bid Pan STOCKS MISCELLANEOUS & Quotations for all securities are as near as possible for the closing day Canadian price, t New stock. , x Ex-dividend. 11% 1% share 4H 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 below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a percentage basis. In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance, if a certain bond in our list matures from 1941 to 1951 and is quoted 0.50 to 3.00%—this would Indicate that the earliest maturity yields 0.50% and the In latter maturity is yielding 3.00%. . Therefore, in the following list, it must be remembered other figures are bid and asked prices. Quotations for all securities the word to are as near as ^ ^ Ask UNITED STATES—See Bonds— 4^is oct 15 1947-1952.A&0 4s Dec 15 1944-1954---J&D 3 Kb Mar 15 1946-1956 M&S 3 Hh June 15 1943-1947 J&D 3 Kb Aug 1 1941 F&A 3 kb Oct 15 1943-1945.A&O 3 kb Apr 15 1944-1946.A&O 3 Ks June 15 1946-1949 J&D 3Ks Dec 15 1949-1952 J&D 3s June 15 1946-1948..J&D alsopa ge 3s Sept 15 1951-1955..M&S 2 Kb Mar 15 1955-1960 M&9 112.17 112.19 111.4 111.2 108.16 108.18 Yield Basis To or Bid Bonds Net Ask ALABAMA 19. 2Kb 2Kb 2kb 2Kb 2kb 2Kb 119.10 111.25 113.4 111.27 106.16 106.18 113.7 107.1 107.3 108.3 110.23 108.5 110.25 112.27 112.29 110.7 110.9 110.1 M&S 108.31 Dec 15 1949-1953 J&D Sept. 15 1950-52.m&S ♦2 Ks~Mar 15 1952-1954 ♦2kb Mar. 15, 1956-1958.. 2kb Dec 15 1951-1953.J&D 2kb June 15 1954-56.J&D 107.23 107.25 108.1 108.3 104.6 104.4 103.1 106.2 106.2 106.2 102.17 1K % Dec 15 1941 1 H% 2% Sept 15 1942 1K% Dec 15 1942 * Ks Mar 15 1943 1 X % Dec 15 1943 1% Mar 15 1944 H% June 15 1944 1% Sept 15 1944H% March 15 1945 National defense series *H s Sept 15 1944 Mtge Corp— 3 Kb 1944-1964 3s 1942-1947 Ha April 15 1942 2s Apr 1 1943 100.9 Home Owners' Loan Corp— 3r ser A 1944-1952 .M&N . „ 2kb ser G 1 HsserM 1942-1944.J&J 1945-1947.. J&D Federal Land Bank — Farm 3s July 1 '55 opt '45-.-J&J 3s Jan 1 '56 opt *46 J&J 3s May 1'56 opt '46...M&N 3 KsMay r55opt'45-M&N 4s July 1 *46 opt *44 J&J '64 opt '44...J&J —.... - . K% Oct 15 1942 15 1943 U 8 Bousing Authority— Water 3 kb 2kb 5s b 1.25 b 1.25 b 1.03 to 1.01 103 1.00 107K 105 6 2.80 2.75 Loan 108.22 108.30 109 K 109 K 110K 109 n 109K b 1.00 110.10 110.18 2.60 2.50 to 2.80 to 2 50 to 3.30 to 3.30 0.50 2.75 to 3.25 3.20 to 3.20 to 3.20 to 100.10 100.12 100.24 Tucson 5s Water 1950 101.12 101.15 101.19 101.23 1 1.25 less 1.00 to 2.90 0.75 to 2.50 less 0.75 2 00 less to 100.19 Yld % 101 K 102 H 1.00 101 H 0.50 109K 103K 116K 129 K 134 X 115 126 131 110 2.35 J&D 115K 129 Redlands Riverside Riverside 2.25 112 3.64 100K 0.25 J&J 102 K 105 K 104 % 107 J&J 119 122 K 2.50 4kb July 1 1947. J&J 4KB 7-1-56-59 1-1-56—J&J 5s July 1 '44-'43 J&J 6s July 1 1972 J&J 114 115K 1.80 124 K 2.50 4s reg Jan 1 1944 4s reg Jan 1 1960 J&J 100 101 107 108K 3.57 108 111 107K 122 106 K 137 100 H b 0.90 b 2.88 b 3.00 101k to 2.85 % to 2.98 % to 3.03 % •3.00 see page j2&j2 0.50 to 0.75 j2&j2 0.75 j2&j2 j2&j2 b 2.00 4a 1942 j&j 5b 1941-1951.j&j15 0.25 5s 1941-1953--j&d 0.25 Co 5s '42-'54—M&N 0.50 to 1.80 % 1%90 to 2.15 o°.eo to 2.00 % to 2.10 % to 2.15 t 0.25 0.25 to 0.75 to 2.15 % 0.50 to 2.50, % 0.50 to 2.45 % % Par 0.25 1942-1951f&A 0.40 IKs 1952-1972 ...f&a .170 San Francisco (City & Oounty) 5b Water 1942-1969 j&j b 0.50 3s 3.14 1.50 1.25 % % 2s 1942-1949 b 1.50 5 3.40 % % 2.10 % less j&j b 0.50 :to 1.60 % Hetchy— 4Kb 1967-1977 ..j&j b 2.45 Spring Val 4Kb '67-'69.j&j San Joaquin Co 5b '41 '49.j&j b Par to 2.50 % 2.45 to 1.50 Turlock Irrig Dist 6s % 3 00 1 less ik less 1 canada—See page 93. colorado 2 ks State h'way '41-'54_ j&d b 0.40 3s warrants 1941-1951—j&d b 0.40 b 0.20 to 112 to 1.30 Par to 2.10 2kb warrants 1952-'54—j&d b 2.00 28 Highway ref, 1941-'47-j&d b 0.40 Colorado Springs— Ref 1kb 1942-1943—m&s b 0.30 Denver (City and Oounty)— 4kb Water 1944 j&j 1.00 4kb Ref Wat 1941-67-j&d 0.40 to 2.10 to 2.25 % % 0.25 to J&J2 0.25 J&J2 J&J 0.65 0.25 to 1.40 F&A b 0.25 1.80 % to 1.65 to 2.65 to !.00 0.95 to 1.10 1.75 to 2.00 1.30 to 2.10 3b 1963-1972 opt 1955-a&0 3 Ks Mun Water Retire 2.50 2.30 1963-1972 opt 1955.a&0 2 ks Sewer Disp '47-'56a&0 % 0.25 j&j 2.55 July 1941-1945 1942-1954-F&A b 0.25 to 1.75 2kb Feb 1 1942-1954.F&A b 0.25 to 1.70 to 1.35 5 kb 1944-1963 1.80 to 1.60 5 ks 1947-1956 5 kb 1964-1973 to 1.85 5s 1974-1983.. Bakersfield 5s 1941-1952-A&0 b 0.25 Berkeley 5s 1942-1951 J&J b 0.25 to J&J b 0.25 a Called July 1. 0.80 to 2.75 2.50 3.65% March 1. 1950-1954. 2kb Sew dist 1947-56.a&o to" 140K 3.00 1.40 to 0.80 4s 1.70 0.50 % to 1.35 % F&A to 2.00 to 4Kb Water 1962-1965.j&d s d No 1 4kb 1942-53.j&j Alameda 4Kb 1942-48.-A&O b 0.50 * Subject to all Federal taxes, % 103 to 1.90 2Kb Feb 1 % to 2.45 % 4s Harb Imp 1985 opt '50-J&J . % to 2.10 to 2.10 to 2.15 3s Feb 1942-1952 to 1.60 4s Wat Distrlb *41-'63.j&tj b 0.50 Par 4s Jan 2 1944-1948 3 kb Jan 1 1942-1949 Veterans Welfare— to 0.80 100 0.25 1042-1943 2.20 % 1.10 % to 2.25 0.25 1942-1952 to to 2.50 Highway 1941-48-J&J30 1942-1947 F&A Olympiad 1941-71--J&J2 5s Jan 2 to 0.80 4Kb Water *57 *58 '59.j&j b 2.20 4Kb Water 1941-1977..j&j b 0.50 107 H 1.20 110, to % % % 1.20 % al00 Univ Bldg Jan5'42-65J& J 5s School 1942-1955— J Called for redemption, « (2.75 F&a 4Kb Water 1941-1964.... 3 Kb g July 1 1941-1944 j&j San Fran-Oak 4s 1976.M&N 109K 108K 4a 1942-1964 M&N b 0.20 to 3.20 % 110 ...F&A to 2.75 to 2.75 Sacramento 4s Jan 1942-1945 Hetch 1942-76-F&A Bridge Authority Carquinez Toll Bridge— 3s 1942-1954 JT 109 1952 2.20 2kb 1952-1953 2s 1954-1958 CALIFORNIA 100 X 5s Feb 1 5Ks Aug 1 1941......F&A Puerto Rico (Govt of)— 2Kb Jan 1 1946 a&o 1953-1988...a&o 5s 1942-1943 2s 1944-1951 to 3.50 to 2.90 4kb 4kb 4kb 3.67 4kb 3.67 4Kb J&J to 2.75 to 2.75 Flood Control District— Calif Toll 131K 2.35 4kb July 1957 * San Diego 5s w w '43-'54a&0 5Ks 1955-1965 J&D 4s reg Dec 1 '46-'26.MJSD 4 kb July 1& 151952—_ J&J 4 kb Oct 11959 A&O % to 1.90 to 0.70 f.60 15 '55-'45 Philippine Government— to 2.50 to 2.75 Orange Co 5s 1942-1945.M&s b 0.50 to 3.50 to 2.90 0.50 1.30 2.25 5s June 15 1955.. Dec to to 0.50 Pasadena St Francis Levee Dist 4s 1944- b 2.00 4s 1958-1960 ....I 6 2.75 111 H 1.39 116 H 1.20 5s to % 2.60 % 2.60 % to 2.20 1 Little Rock School Dist— 4s 1942-1955 M&S 6 2.50 102 % 108 % to 2.75 Par 1 4s Water Rev 100K to 2.00 0.25 1 4Kb Fund 1941-1950.M&N 6 1.00 INSULAR 103 1.80 0.25 2.75 less % % to 1.60 1941-1943.f&a 1941-1965 f&a 4kb Little Rock— TERRITORIAL AND J&D 0.50 to 1.00 1.30 f&a Oakland 5ks 1 less % % 2.35 % Oakland s d 4s 1941-44.-j&j 2.75 to 2.50 J&J b 2.50 Highway refunding— 3s April 1 1969-1972. .A&O 3Ks 1943-1955 A&O 1956-1964. A&O 1965-1969 .A&O 3Ks (optional 1943-1971) due 1972 .A&O 3s Attorney Gen opt 1944 3s Rose. Hemingway opt 1944 Hot Springs 4kb '41-'50-M&S 100.19 100.21 101 101.2 M&N to 1.70 2.70 1948-1977.f&a 1978-1987.f&a 5s School 1942 1966 101 to 1.90 to 2.00 3s 1941-1968 j&j Sacram'to Co 4k"*41-46 j&d 100.15 102.9 105k 2.70 Ref 4Kb Ref 3ks ARKANSAS 101.13 100.17 to 2.50 Colorado River Waterworks 58 Ref 3s Corp 1945-59. _J&J b 2.70 4KB 1946-1960 J&J b 2.75 100.22 to 1.90 to 2.70 Ref 4s 1976-1988-.-a&o Modesto Irrig Dist 6s 4Ks 100.19 1H % notes Feb 1 1944 4Kb Oct 15 *56-'46 A&O 4Kb Nov 1C 1956 M&N 4Kb Nov 15 1958 M&N Honolulu (City & Countyl— 3 kb Sept 15 1946 M&S b 2.00 of Southern California— Salt River Project Agric Impt & Power District-— 110K 100.3 102.12 J&J b 0.50 — 2.75 55 5s W W 1942-1950 0.75 J&J Phoenix Un H S D 4 Ha 1948 2.00 Prescott 5s 1948 —J&J b 2.25 110% 100.1 J&J 101 0.50 j&d 1.70 1kb 1949-1952 .—j&d 2.10 1953-1959 j&d Revenue (3d issue of 1940) 1 ks Dec 11941 0.50 Is 1942-1945 -j&d 1.40 1Kb 1946-1947—j&d IKs Dec 1 1948 1kb 1949-1950---j&d b 1.90 Los Angeles City High sch Dis 5 ks Nov 1941-1960--m&n 0.50 0.50 5a 1941-1964 f&a 4s 1941-1961 0.50 j&d 3 Kb Jan 1 1942-1960 0.50 Los Ang Co 4 Kb'42-'49 .f&a 0.50 Metropolitan Water District 107 b 2.60 2.00 School No. 1 5s 1945. --J&J Bouds He Nov! 1941. M&S 101 2s 109K b 2.80 2.00 Highway 6s Jan 15 serially. Co Ct H*se4Ks'41-48 J&D Phoenix 4Kb '50 opt *30-J&J 4KB 1942-1956— J&J 6s Jan 1 1946 J&J 2.50 100 100 Second issue of 1940 3s 1941-1948 ARIZONA 102.24 to a&o Ref 4s 1946-1986 102.11 to 3.00 to 2.30 a&o Ref 4s 1971-1988 102.9 to 3.00 0.50 0.50 1.90 a&o b 2.60 104 k 3s b ref due 1976. a&o Refunding Revenue- to 2.80 2.00 2.00 106.28 106.30 to 2.45 0.50 2kb 1949-1960—a&o 102.3 102.22 to 1.75 1.75 2ks 1961-1976 to 3.50 Tuscaloosa (City)—5Ks serial 100.11 0.75 Refunding Rev 1943-1947 j&d.. 1947 1959.-.-j&d 2kb 1941-1948—a&o to 2.40 b 2.00 2.80 4s 2.70 to 2.75 to 2.50 Series a refunding— 106 b 1.00 1942-1952 Tuscumbia refunding 1 %to4 % to 0.50 2s 1941-1942 to 3.00 ..M&S 102.1 0.50 3s 1943-1949 b 3.00 4Kb 4Kb to 2.70 0.50 -j&d 3k 1941-1954 .j&d 3 Kb 1948-1958_. ...j&d 69 3.50 b 3.60 to 2.70 to 2.70 0.50 Electric Plant Revenue— to 2.60 66 b 1.00 1945 Road 1957 to 2.90 Wks 0.50 0.50 3 kb 1941-1977 -M&N b 0.40 1941-1948 3.40 Ref 4s 1941 to 1975.j&d JVJ b 1.00 Tuscaloosa 5s 1941-1957. .J&J b 2.00 68 ref pub impt *42-'53 M&N b 2.00 1.00 Tuscaloosa Co 6s Bridge 1941 101.2 2 Ha July 10 1954 3s Dec 1 1948 4 Ha May 15 1942 to 2.65 to 2.80 2Kb 107.4 101 Hawaii (Territory)— 1 Ha Sept 1 1944 2.10s July 20 1942 to 2.60 2.20 to 2.30 Selma (Citvl 5s-6b 1941-1955. 100.20 100:22 13^% July to 2.60 2.20 to 2.60 to 2.6' Maricopa County— 110 81K b 0.75 b 1.00 104 K 107 y 106K b 1.50 b 3.60 % 76 k 83 0.50 A&O b 1.00 A&O b 1.00 100.17 K% May 1 1943... Federal Natl Mtgo Assn— 2% notes May 16 '43 opt *41 1K% Jan 3 1944 opt 4l Reconstruction Finance Corp H % notes July 20 1941 H % Nov 1 1941 H % Jan 15 1942 Is July 1 1942 2.10 103 K to 2.45 4s 1q41-1q69 102.20 102.26 Commodity Credit Oorp— H% Aug 1 1941 1% Nov 15 1941 1.80 b 2.30 % 101 75 j&j 1942-1961 4Kb 1941-1958 J&D Gen fund 4kb 1941-66 J&D Montgomery— 5s funding 1942-1966--J&J 4 kb Sanitary Sewer Jan 1'44 Montgomery Co 4kb 1957-59 6s Road 1951 —J&J Morgan Co 5b road 1952-F&A .M&S 106.30 107.1 J&.T 101.30 M&N 107.2 1942-1947 M&S i02 Federal Home Loan Banks—• to 2.10 j&j b 0.40 - Refunding 3 ks 1983 Refunding 4 ks 1983 Los Angeles (City)— to 2.40 5s School Mav 1 100.3 2 Ha to 1.80 3 Kb series c 1942-1971 to 2.40 98 Imperial Irrigation District 2.00 to 2.00 4K" Jun»* 1 100.9 3s 1944-1949 4s July 1 112 100.1 *Ha Dec 15 1945 Farm 110K 100.7 b 0.75 b 2.00 b 0.75 48 Tunnel Rev 1969—M&N Mobile County— 128 100.29 101 102.6 102.4 101.31 102.1 102.11 102.13 101.31 102.1 101.6 101.4 102 102.2 101.6 101.4 1K% June 151943 t% Sept 15 1943... Federal 102.19 101.30 102 102.13 102.15 103.14 103.16 103.10 103.12 Mar 15 1942 2.10 b 1.00 _ Florence refunding 1% to 4%_ Gadsden 6% Impt long mat—Jefferson County— 4kb Ct House '42-'43-M&N 4Kb Ref 1942-1961—A&O Mobile City— 3KsGen rer44-Decl*70 J&J 105.29 105.31 104.14 104.16 3b Panama Canal 1961—Q-M 126 3b Conversions 1946.. Q-j 110K 3s Conversions 1947.. Q-J 111 U 8 Treasury Notes— 1.90 b 2.25 b 2.15 b 1.50 due 1941-1956 106.4 106.4 2b Dec 15 1948-1950...J&D 2s June 15 1953-1955..J&D b 2.00 4Kb 1942-1960 Housing Authority— Ser A 3k-3-2k-2k-2ks 103.3 106.4 2s Dec 15 1947 J&D *2s Mar 15 1948-1950. M&S to 2.60 1944-1959 A&O 3 Ha impt ref 1941-50.-J&J 3 kb Imp ref 1942-1958 A&O 111.2 108.4 109.1 ... j&j b 0.25 East Contra Costa Irrig Dist 6s Golden Gate Bridge & h'way- 4s 110.23 Dec 15 1960-1965 J&D 111 Dec 15 1945 J&D 108.2 2.00 2Kb WatWks 1956-76"m&n 3ks Water wks 1952-1975 4kb Water 1911-1970.a&o 4kb 1941-1968 j&j 4kb 1942-1969 M&s 5s Municipal 1941-61 --f&a 5 Kb Harb Imp 41-'61 m&n 3 kb Sch Dist 1942-61.. j&j .. 110.3 110.15 June 151958-1663 J&D 110.21 b 2.10 b 0.75 3b 109.16 109.18 Net Ask East Bay Mun Utll Dist— iKsrenewal class C 1956-J&J IKsbarbor impt June 1 41-73 iK® highways 1952 M&S 1kb 1956 and 1959 -M&S is renewal July 1 1956--—tXa 1942. 1946. 1949-—M&S 4b pub highway 1949-51-M&S 4s refunding 1941-1954—J&J 3 Ha refunding 1955-1965-J&J 8tate Bridge Corp 4b 1941-1951 Bridge Auth. 4s July 1 1957— Annlston 5s 1941-1947—J&J Bessemer New ref 4% Birmingham— 2Kb 1942-1952 A&O 100.15 110.13 Sept 15 1948 Bid Bonds 5s 1942-1974 119.7 To or Net Treasury 2 Ks Sept 15 1945-1947 M&S 2 Ks Mar 15 1948-1951 M&S 2 Ha June 15 1951-1954 J&D 2 Ha Sept 15 1956-1959 M&S basis for various maturities: all Yield Basis To or Bid . the yield are possible for the closing day of the month preceding the date of issue Yield Basis Bonds ^ indicates that the figures shown 1.00 2.40 to 2.10 Moffat Tunnel Imp Dist— b Basis. / Flat price, j&j j&j j&j b b 1.30 !to 3.00 % .301 % l.G) to b 3.00 j&j b 3.30 n Nominal. to to 3.30 % 3.45 % STATE 92 AND Bid Ask b 0.35 to'0.90 b 0.95 to b 1.25 to Water 1mb Dec 1 1941-1945 2Mb Dec 1 1946-1949 b 0.40 b 1.75 b 2.40 to 2.60 b 0.35 to 1.10 2 Ms Dec 1 1950-1954 3s Dec 1 1955-1961 b 2.70 to 2 Ms Dec 1 1962-1969 b 2.75 to 2.80 b 0.45 to b 1.20 Housing Authority-— 3s and 3Ms 1941-1954— 1.50 to 5 Ms 0-75 b M&N 1942-1950 J15&D15 b 0.20 to 1.25 lMs 1942-1950 F&A b 8.30 Bristol 5Ms 1941-1957—J&D b 0.40 Cornwall 2s 1941-1956 _.A&0 b 0.25 to 1.30 to 2.00 - 0.25 1941 tax'le.A&O 0.20 lMs 1941-1950 A&O 1%b 1941-1958.-A&O b 0.15 East Hartford (Town)—m 4 ms School 1941-59--m&n 6 0.25 2s 1942-1965—— F&A 6 0.25 6 0.20 . Darien to 1.20 to 1.10 88 b 0.40 to 2.00 % b 1.90 to 2.00 % b 2.15 2Mb Dec 1 1953-1965 1.20 Suwanee Co Road 5 mb 1946.. 6 3.10 to Y.00 % Tampa— 5s W W Purch '41-'72.F&A 6 1.50 1.55 4Mb Impt 1947 J&J 108 to 2.70 1Mb 1941-1947 F&A 6 0.15 Griswold 2Ms 1942-1959-J&D 6 0.30 to 0.90 Hartford— 1Mb Sept to 1.30 6 0.15 1 1941-1959-m&s 1 3 Ms Bridge 1954-1955-j&d "js 1954-1955-J&D 4s Water T941-1949—J&P 6 "0.25 jl941-1949—j&d Hartford (Schooll District)— •4mb Northeast Hartford County-— 1959-J&D % J&J 6 0.15 to 1.75 J&J -J&J Manchester*4 Ms 1942-44M&N 6 0.15 to 2Msl941-1978 1M 1941-1970 1mb 1971-1980 % 1.75 % 11.75 0.60 % - 6 "0.15" to to 0.50 «. 70 Meriden 1Mb 1941-1943-J&D 6 0.18 Is 1942-1951 M&N 6 0.15 Middlesex County-— 1mb Bdge 1941-1955-M&N 60.20 New Britain (Ceunty)— to 1.05 6 0.25 to 1941-52-F&A 6 0.25 to 1.40 4Mb ImP 1941-1952.-M&N 1mb 1941-1948 J&D15 New London— .,. 4Mb Water ref 1950—F&A 1Mb 1942-1954 J&J Norwalk (City)— -1968-M&S 4 Ms Sewer 1942- 6 0.25 to 1.50 6 0.25 to 1.25 6 0.20 to 1.40 1Mb 1942-1959 A&O Norwalk (T) 4 Ms 1942 -J&D Norwich 4 Ms 1942-1965-M&S 2MB 1942-1959 J2&J2 Ridgefleld (High School)— 1mb 1942-1963 J15&J Stamford (C) 4s 1942 M&N 6 0.20 •4mb School New Haven— 6 0.20 ♦4Mb Sch 1942-1965—M&N 1 MB 1942-1950 A&O 1MB 1941-1959..J&J Torrington 2 Ms 1942-'57 A&O Waterbury— Buffield M&N 2MB 1941-1952 % 1942-49-M&S 2".66 % to 2.10 to 6 0.25 to2.C0|% 6 0.20 to % 1.10.% 1.60 % to 2.50 % to 1.90 to 1.70 6 0.20 to 1.25 6 0.20 to 1.75 % •4Mb (School Dist)— 1942-1956 M&N (Township)— 4s 1942-1952..— -J&J 2Mb 1941-1953 J&D Windham 6 0.20 to 6 0.20 to % I West Haven 24 M 40 l . 1.50 % 1.35 % Certificates of deposit... Extl s f 7s ser D 1945. .J&J Certificates of deposit— Extl s f 7s 1957 1st ser.A&O Certificates of deposit Extl f 7s 1957 3d s ser.A&O Certificates of deposit... / 8s 1946 . 8 6M Certificates of deposit... Extl s f 7s 1957 2d ser.A&O 8% 7% 7M 6M 7 M 6M 7 M / / / 7M 50 15M Antwerp (City) extl 5s '58 J&D Argentine Repub— 4M« b f extl loan 1948.M&N Extl s f conv 4Ms *71 -M&N 79 M 66 M 59 M 8 1.25'% 0.25 to 2mb April 1 1948-19572 M« April 1 1958-19661M» highway 1942-1979. 1.30 to 2.00 % 1.70 % 1.75 % 1.60 to J&.l 0.25 075 Kent Co 4 Ms 1945-1950 .M&S New Castle County— ..j&j 6 0.25 5Mb 1941-1944 .J&D 6 0.20 lMs 19*2-1961 to Sussex Co 5s 1942-1970- ..j&j 6 0.50 .A&O 6 0.25 4Ms 1941-1953 to M&N 6 0.40 to lMs 1943-1973 to Certificates of 8M 1.25^% to 0.60 % to 1.20 % 2.00 % 1.25 % 1.45 % to Con *53-'62 M&s 6 1.25 4Mb 1941-1958 (s-a). .A&O 6 0.25 .A&O 6 0.70 5s 1947-1949.. 4 Ms Bldg -A&c 6 0.25 4s 1942-1948-- 1.75 % to 1.65 % to 0.90 % to to 0.85 % 102 99 Brandenton ref 4s 1942-70 J&J Brevard County School Tax Districts No. 1 &4 Refund. — 90 80 Special Tax Sch Dist No 2 Ref 4s 1956-1967--M&N 105 Ref 3 mb 1941-1947.. _M&S 104 Duval Co Road 5s 1955.-A&O 6 3.00 3.75 % 79M 67 89 3.40 % Extl g 5s 1949 Extl s f 5Ms '53 . Duval Co School District No. 1 5s 1941-1955. _-A&O 6 1.50 100 Escambia Co 6s Aug 15 1951 107 106 2.80(% to 3.00,% 123 Gainesville— 6 1.50 6Ms July 1941-1975 103 Hillsborough Co 5s Oct 1 1943 6 3.40 Hillsborough Sch Dist No 4- to 3.60 % 106 3.25 % Jacksonville— 15 1942-45-J&J 15 5M» Jan 15 1942-45-J&J 15 Refunding 2.60s Jan 1 1957 2s 1954-1957^ —J&J Lakeland new refunding— Water & Light 5M» 1941-50 LeonCounty 5s July 1 1941-55 Marion Go Road 6s Feb 1 *52. Road bonds 5s July 1 1952.. ♦ Tax free n Connecticut, 1.50 to 2.00 % 1.50 ;to 2.00 % 2.20 % 2.40 2.15 2.00 % 98 . — — — 96 17 17 38M ""34" - - — — - - - » 18M — - - - 18 ""34"" III 34 - - — 35 - - — 4M - • - 4 • - - • - • 21 % 19M 17 h 17M 39 M 97 M 62 % w «. - - « _ 16 87 M j&J 15 5e M&n 1955 F&A 1953 - 60 57 60 - 28 31 26 29 27 31 3M 5M 60 - - - - - M - - --- / 45 45M 45M 6 85 55 1940—A&O / 55 5Ms 1940—-A&O / 55 5 Ms Cust Adm 2nd ser Extl 8m / J&J / 5lm (Repub) 6s '45.M&S 39 M 18 56 55 47 M 60 60 ""66"" 60 8M 20 M 54 M A&O / 21m A&O / 17 m A&O / 17 7b 1939— 7s 1940 7s due 1941 1942 maturity — 17 17 1943 maturity 1944 maturity 17 — --- Extl s 17 f 6Ms 1953 M&n French Government— 7s ext of 1949 stamped-J&D 7s plain 1949-— ---7 Ms ext 1941 stamped J&D 7 Ms plain 1941 35 47 M 110. 80 Finland 47 M 3.35 % 4M-4Ms'75M&N ~~47~~ 34 f 4s $ bonds 1984. J&J Called for redemption; see page 7M 13M 57 m 46 M 3.60 a 8 57 m 57 m 1969 57 m 1969 Dresden (Ger) ext 7s '45 M&N / Duesseldorf 7s to 1945—M&S / 16' Dulsburg 7s to 1945 M&N / 16 El Salvador (Rep)^—8s A 1948 46 Extre-adl Extl re-a^, s 00 78M 22 M Danzig Port & Wat Ways Bd 2M Extlsf 6Ms 1952——J&j / 51 Denmark ext 6s 1942 j&J 45 Ext'l 5Ms 1955—F&A 44 Trust rets 4Mb 1962 A&O 15 55 Dominican Rep 5 Ms '42.M&S 1945 maturity — s 7 7 Frankfurt-on-Main (Germ)— 52 M 52 M Ref to 3.40 62 % Certificates of deposit Estonia (Rep of) 7s. 1967 3.40 % % 3.40 % to 1.50 13 "161"' "l07~~ 5 Ms of'26 ext 1st ser 5 Ms of '26 ext 2d ser — 3.65 1.70 15M 102 M 2d series 1961 w 13 99 M Customs Administrations— 5 Ms of '22 ext 1961 4 16 " " 11 2d Series 1942 35 6M 16M 100M 5 Ms . 74 80 15M Czechoslovak Republic—_ Ext s f 8s 1951 ser A„A&O Ext s f 8s 1952 ser B—A&O Danish Cons Municli.^1 Loan 20 56 Bud*pest(City)6sJ'n'35coup'62 81 Buenos Aires (Prov)6s'01 m&S 55 stamped 1961 m&S 7s stamped 1952 A&( > / 83 7 Ms stamped 1947—M&N / 84 6 Ms stamped 1961 F&A / 82 f 4 76 Extlsf 6Ms 1959 M&N / / Certificates of deposit . Scrip Readjust 4 28 5 Ms Pub Wks June 30'45J&D / 86 M Cundlnamarca Dep (Colombia) 53 22 J&D 17 M Bogota (City) extl 8s '45-A&O 17 Certificates of deposit.. 18 Extls f 6Mb 1947--- A&O / 22 M Bogota (Mtge Bk) 7s May '47 / 20 Certificates of deposit 7s Oct 1947 A&O / 22 M 20 Certificates of deposit 3M Bolivia (Rep) Ext 8s '47 M&n 3M Extl 7s 1958J&J 3% Extl sf 7s 1969 M&S 5M 6s 1940 A&O Brazil 8% ex 1941 J&D f 21 7s Cent Ry elec 1952-_J&D / 19 * 45m 32 M&N / 11 13M M&S F&A j&D F&A 24 64 f 7s 1957 s Extl 4 Ms 1977 61 A&O (1926) '57.A&0 / (1927) '57.A&0 / Funding 5s 1931-1951-A&O / / Funding scrip Bremen (State) 7s 1935—M&S 6s 1940 M&S / Brisbane (City) Australia— 30-yr s r 5s of 1957—__M&S Sf 5s 1958 F&A 20-year s f 6s 1950—-J&D British 4* 1990 opt *60—- M& N War Loan 3 Ms of 1932 Victory 4s due 1976--- — Brit Hungarian Bk 7 Ms 1962. 23 M&n (City)— Funding 5s 1951 20M Extls f 6M» Extlsf 6Ms 23 Cordoba (Prov) Argentina— Extl s f 7s 1942 J&J Costa Rica (Republic)— Ext sec s f 7s 1951 M&N / "18" 30" 23 F&A / / 7s stamped 1957— External s f 7s 1937 M&N / f 7s stamped 1937 Extl 8 25 26 Cordoba 7M 36" 23 52 J&D 7M 8 21M 36 % 23 8 60 „ Columbia Co Road 6s 1955.. 6 3.95 Coral Gables— 87 New refunding 2 M-5s 1977 Dade Co 5s Oct 1947-54.A&0 6 3.00 M&N 23 Cuba (Rep) 5s 1944 Extl g 4 Ms '49 opt \ FLORIDA 23 deposit Copenhagen 5s June 1 Extl g 4Mb 1953 . Wilmington— 5s Jan Berlin 6M» 1950 6s June 15 1958- A&C Sinkfd 7s (of 1927) *47 F&A Certificates of deposit 8 75 10 85 Certificates of deposit . 2Mb April 1' 1942-1947. 15 9 ff 78 23 23 32 12 Bavarian Palatinate 7s '45 J&J / 15 72 Belg Govt extl 6 mb 1949 M&S 72 External s f 6s 1955---J&J Extl s f 7s 1955 J&D 10m 11 . J&D / J&D 72 M 12 % 12 11 10 1962 Sink fd 7s (of 1926) '46 8 17 M "iom 11 10 a&o 1961 Costa Rica Pac Ry 7Ms 1949 / 5s 1949 M&S f 52 * 10 JO^T sf 6Mb 1947 8M ^ DELAWARE 11 60 M 60 60 "Iom 10 1961 59 M '72-F&A 8 f extl loan 4s Apr *72. A&O 2% Treasury notes 1948... Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 Extl 5s 1957 M&S Extl 4Mb 1956 M&n Austrian Govt 7s 1957—J&J / Baden extl s f 7s 1951 J&J Bank of Colombia 7s '47-A&O 7s 1948 h&O / Baranquilla 4s ext to '64 J&D / Bavaria (Ger'y) 6Ms '45-F&A / 8 f extl loan 4s Feb 12 11 Funding 4s Jan 1 1946 Colombia Mtge Bk—* 8M 7% Certificates of deposit... / 8 f 7s ser O 1945. J&J\f 13 10m — 7M 7M 7M 7% 7M 7% } Certificates of deposit... s f 7b ser B 1945.-J&J / Extl West Hartford— 4Mb Mar 15 Antioquia Col (Dept of)— Extl s f 7s ser A 1945—J&J 21M Extl 6 0.20 & 0.15 24 16 6 0.20 5s Water 1941-1971 —M&N 6 0.25 6 0.20 3s Street 1942-1955—F&A „ Uii(U 24M 23 M&S / "iom 12 7M Hukuang Rys5s£..j&D 15 / Cologne Germ'y 6Ms'50.M&S 35M Colombia Rep 6s 1961 j&J f 35 Certificates of deposit 6s Oct 1961 A&O / 35M f 35 Certificates of deposit 23 Certificates of deposit... / Akershus (Dept of) 4s 68 M&S 0.25 10m Chinese Government— 24 M 23 Anhalt 7s to 1946 to 2.00 6 "0.25" to 25 i6m "iom 12 ..M&N 6% notes 1931 stamped 1931 24 M 23 J&J f 23 1947 1 10m ..M&N 6s assented 23 "10M 12 . M&S 1962 1963- f 6s s 1962 6s % 2.00 10m Chili Mtge Bk 6 Ms '57 j&D31 6 M® assented 1957 8 f gu 6 Ms Jne 30'61. j&D31 80 Certificates of deposit— / 23 7b 1961.. "l0% 12 6s assented Extl -- 6Mb assented S f gu 6s 1961 Certificates of deposit... / 7s 1946 A&O f 1 Jan Extlsf 6s 1962 % 109 —A&O / 23 6s 1948— % to 1.75 10m 110 "10% 12 1961 Sept. 1961..M&s rOREIGN GOVERNMENTS AND CITIES (T?20 6 0.15 M&N 2MB 1941-1961 Stamford (Town)-— to 3.60 78 Refunding 2-6e 6s 1947 F&A / Certificates of deposit... f 2.10 % 1.70 6 "0.20" 10m 6s assented to% 12 f 6s 1960 6% assented 196.1 1.35 6 0.20 s 6s assented 1.25 % 1942-1951.-.-----F&A 2s 10m 68 assented Sept. 1961... Extl Ry ref 6s Jan 1961 .j&J % % 9M 24 12 6s assented Feb Extlsf 6s Agricul Mtge Bk (Colombia), to 1.20 24 16 6s assented 1960 Extlsf 6s Feb 1961.-F&A 2.90 % 103 M&8 1943-1965 West Palm Beach— Ref 4s Metropolitan District Extl 2Mb Dec 1 1941-1950 2s Dec 1 1951-1952 29% *25" 7% assented 1942 Wat Wks Rev Ctfs— to 2.10 28 6s July 7s assented 1960 M&S Chill (Rep) ext 7s 1942.M&N St Petersburg— Refunding 3-5s Oct 1 1972 7M 1M 10m 90 1.00 8 7 17m 17m 109 to 8m 7M 6M Chilean Cons Municipal LoanExtl s f 7s 1960 ser A—M&s 3.20 106 107 to 0.75 9 8 Central Bank of Germany— 6s series A 1952 .F&a 6s series B 1951 A&O 3.30 2.80 98 89 6 0.15 DtJPU to 3.50 109 St Johns Co Road 5s 1946. Road 5 Ms 1944 M&S to 0.75 4 7M coupon on I960— Farm loan 6s 1960—A&O15 6s Oct coupon on 1960 6s A int ctfs 1938—A&015 3.35 to 3.50 103 3 Farm loan 7s 1950—M&S15 Farm loan 6s I960 —.J&J15 „ 3.35 8m 8 16 Oeara (Brazil) 8s 1947---J&D Cent Agricul Bank (Germany) 99 8 14 Certificates of deposit _ 95 87 to 1.50 6 0.20 yhh 3.10 107 1.75 to 1941-1945——-F&A 4s 1961-.-..--.. Palm Beach (City*of) 5s Pensacola5sl958 J&J Pinellas Co ref highway 4s .. St Augustine ref 4s 1967 New refunding 3-5s 8 a&O Certificates of deposit Extl sec 7s 1948 j&D 109 2.25 100 2.50 3.50 2.80 1.50 3.40 3.00 Refunding 4s 1942-62-F&A Orange County 5s 1944--J&J 5s 1952-1953 J&J 5Ma 1945 1950 M&S 6s 1941-1950 to 2.15 to 6M 7Ms 1946- Orlando— to 1.50 I 3.10 to 3.00 Ref 4Mb non-opt 1947-56- b 2.50 New Smyrna— 97 Ref 3-4M-6s Jan 1 1964 b 0.20 Fairfield (County)— lMs 1941 to 1950 J&D Greenwich 3s 1941-1944—F&A 2.75 to b 1.50 1.20 to 1.50 to 1941-48—J&J 1M« 7M Miami Beach— to 0.45 To Net 6H Certificates of deposit Oali(Oolombia)8 f 7s '47-M&N Oallao (Peru) 7 Ms 1944-J&J Carlsbad (City) s f 8s '54-j&J Oauca Val (Dept of) Colombia to 2.20 _ ^^sT^und Sec s f 7s 1967. j&J Stabil loan 7 Ms 1968.M&N Oaldas Extsf 7 Ms 1946--j&J to 1.50 1.20 Ask Bulgaria (Kingdom)— revenue— 1.20 1.50 University of Conn— 3 ms 1942-1944——-M&n b 0.15 Is 1945-1961 M&n b 0.55 Branford (T) 2s 1941-57-J&D b 0.20 1941-1948 or Bid Bonds 106 102 Refunding 3 Ms and 3Mfl... 1 Ms Yield Basis Net Ask Bid Bonds Miami— CONNECTICUT 1Mb April 15 1944-1949 1 Ms April 15 1950-1961 lms April 15 1962-1971 Funding and building bonds— 1mB 1944-1958 J&D Hartford Bridge— 2s 1944-1961 F&A IKs 1961-1971 F&A date of issue To or To Net or Bridgeport— 5s Refunding of the month preceding toe Yield Basis Yield Basis Bonds BONDS MUNICIPAL securities are as near as possible for the closing day Quotations for all 5 Basis. /Flat price. k Last sale. n Nominal. 17 m 19 93 99 85 99 96 161" 99 M June, 1941] MUNICIPAL AND STATE To or Bid Ask Foreign Qovts. and Cities (Concl.i (Rep of) 0s 1940-A&O f 4 assented 1958_.A&O f s f 7s 1947 A&O f 12% 4 Ms assented 1968—A&O / 3% External 8s 1950------J&J / 3% 4M" assented 1963 J&J) 3% Dollar funding 3s 1956-A&O / 3 Porto Alegre (City) Brazil—10% Sinking fund 8s 1961 — J&D 10% 23 „ j 22 10 H 6M 9% 6M 5Ms unstamped 1965 German Extl 7s *49 stamp A&O 7s unstamped 1949... Scrip German Prov & Oomm Bk® '58 J&D '54M&N 25 17M 17M 10% 7% 10% 7% 3% 25 2 8% Prov Bank 6s 1941 20 15 55 25 21 30 57 7 6 9% 9% 15% 75% 6sl952 ...-.---A&O Queensland (State) 7s 41 A&O Ext g 6s Feb 15 1947 F&A15 Rio de Janeiro 8s 1940—A&O / Extl s f 6 Ms 1953 F&A/ «Ms 1959 / 6s 1933 / Rio Grande Do Sul (State) Brazil ext s f 8s 1940—A&O / 7s extl s f 1960 M&N / Extl s f 7s 1967 J&D / Extl s f 6s 1968 J&D / Rome extl s f 6M* 1952..A&O / Eoumanla 22 19 22 M 15 29% Certificates 6 (City) Peru— Extl s r 6 Ms 1958—M&S Certificates of deposit— 5% 6M Lower Aust (Prov)7Ms'5QJ&D 21 Luneberg (City) 7s 1948.M&N Maranhao (State) Brazil— Ext s f 7s 1958 M&N / 12% Medellin (Munic) (Colombia) 7s extl Dec 1 1951 J&D 7% Certificates of deposit— 8 6 % 6Ms 1954 J&D Certificates of deposit... 8 Mendoza (Prov) Argentina— 7 %s extl s f 1951 .J&D al00 4-7 Ms stamped J&D alOO 4s extl read] $ bds 1954. J&D 69 sf gtd 4 Ms 1943— Stamped assented / 5% '5% 1945— 5s assented 1945 5M 5% 5% 5M 4s 1904 assented 1954..... 4s 1910 assented 1945 6s 1913 assented 1933 Milan (Italy) ext 0Ms *52. A&O r 5% 5% 5% 6% 21% Brazil M&S 10% 10% il Extl 6 Ms 1959 ser A..M&S Montevideo (City) 7s '52. J&D 60 64 A.M&N 57 70 11 (Australia)F&A f 1957 f 5s 1958 59% 59% A&O Met Wat Serv & Dr Board S f 5Ms 1950 A&O 57 Norway ext 6s 1943 F&A External s f 6s 1944—F&A "55" <.%s extl sk fd 1956.—M&S 31 d%s extl sk fd 1965—A&O 31 Sk fd ext: 4s 1963 F&A Norway Municipalities Bank Guar s f 5s 1970 __J&D 27% Nuremburg extl 6s 1952.F&A Oldenburg (Free State) 7s 1945 / 16" Oriental Devel—See Jap Govt Oslo s f extl 4Ms 1955—A&O Extl s Panama fr 6s 1943 State Mtge sec ser (City) 6 Ms 1952.— _ Extl sf 6s 1964 7 "54" / / 56 59 "59" 32% 32 C f / / 8% 8% 9% 31 lMs 1942 17% 52% 25% 57 "56% 57% ~~30" 103% 18% 8 VA 7 7% 6% 6% 6% 6% 3s perpetual 3s Jan 15 1967 M&S J&J 30-yr 3s Nov 15 1968.M&N 14-yr 3 %s 1951 M&N 25-yr 3%s 1961 opt '56 J&J 15-yr 3 Ms, 1949. A&O Refunding 4s 1945 A&O 20-yr 4s 1952 ...A&O 30-yr4s I960. A&O Refunding 4 Ms 1944.A&O 6s Nov 15 1941 Refunding 5s 1943 5s May 1952 80 83 68% 71 60 67 67 67 62 62 12 10% 15 11% 10% 9 10% 13% 12 10 — 70 80 — 19% 69 72 19 1941-1944 1943-1960 Province)— Ms 1944 J&J J&J 77% s 1951 1949 f deb 1952 97% 79% 81 101% — 63 ... 78 76 76 78 79 77 ... ... 82 80 ... 18 91 95 88% 90 87 90 101 72 102% 99 100% ... 76 97 99 96 ... ... 100 97 93 —- II. 99% 98 96 98* 90 93 64% 64% 69 65 70 I— 69 ... 99 99 95 97 95 ... 65 77 79 J&D 89 Quebec City— 5s 8 F (non-call) 1960.M&N Saskatchewan (Province)— "9l" 86 90 69 49 73 deb 1953 1943 (non-call) 6s 1959 (non-call) 4 Ms July 21945 ik. 4%s — J& D15 M&N J&J2 Mar" 15"i960""M&8 1950-1959 Ss 1945 & 1940 var 5s 1950 & 1951 var 5s Jan 15 1970 "81" 83 86 M&N15 J&J Ill ... ... — ... 52 58 61 47 1QKK 4 Ms 1942-1945 4Ms 1946-1901 4s £ July 1 1948 3 %s July 1 1944 Vancouver. (B C)— 79 47 50 50 44 48 ... Gelled for redemption; see page 110, 6 Basis. / Hat price; k Last salej mmm 99% J&D A&O 96 A&O 95 96 60 70 73 82 82 80 J&J] 4Mb 1967 —F& Verdun deb 5s 1954.... Winnipeg, Man 5s 1944.-A& 4 Ms non-call 1944—M& 4%s June 1 1946 J& 86 77 74 80 86 85 •> mm 77 mmm 72 78 mmm 89 94 mmm 85 91 83 90 95 mmm 87 mmm 80 85 mmm georgia (s ref 1941-1945 J& b 0.50 Highway Ref Mar 15 *47 Albany 5s 1945 —J&D \ppling County— Road 6s 1949-1953 Athens 4Mb June 30 1943 tofl.00 % <m mw m 1.30 m m 1.50 6 2.75 6 2.00 to 3.00 % 1.50 % "84" 102% n tm at A « . — 68 84 A&O 98 81% . ... J&D ..ss 4 Ms 1961 8 F 4%s 1946 90 "79" 65 70 M&N M&N 87 74 "66" 60 62 87 76 89% 75% 63 60 62 76 93% 73% 73% 80 82 82 80 80 82 5s "77 68 "85" 4s Nov 15 1957 Toronto 5s 1941 77 66 J&J 12% 3% 4% 75% 96 69 63 J&D J&J M&N 38 45% 72 65 78 41% 16 77 57 66 81 5Ms 1962 5s 71% 52 70 63 4 Ms 1956 71% 66% 86% 86% 67 6s Munic Imp '4l-'50—J&J 5s July 1. 1941-1950—J&J 40 93% 63, M&N J&J ss 75 79 70 70 49 95% 75 65 101 49 3 ~ 60 4Mb 40 ... 100 4 Ms 43% 66 M&N 50 73% 90 ... 65 65 Debenture 3s 1950—M&N Debenture 3s 1949 J&D 2%s 1944 F&A Ottawa City 5s *41 *45—J&J 43% 44% 85 J&D 5s Nov 1. 1969 17% 3 67 F&A May 15,1942-43.M&N 15 4s May 15,1944 M&N 15 4s May 15,1958-68.M&N 15 20 42 3 "70" 63 M&N 4s 5 42% 34% 65 72 J&J M&N M&S 4 Ms Jan 15. ,42-,47—J&J 15 4%s Jan '15 '48-'57.J&J 15 4s 1941 M&N 4% 36% ... . 68 5 Ms 1946 5s 1959— 4 Ms 1944 5% 5% 41 ... J&D 5-yr 3% debs July 1 1944.. 10-yr 3M % debs July 1 1949 North Vancouver 5s *60., J&J Nova Scotia (Province)— Deb 5s 1960 M&8 Deb 4Mb Sept 15'52 M&S15 Deb 4Mb 1960 M&N 16 Ontario (Prov) 6s *43—M&S15 16* ... "79" Debenture 5s 1900 1955 11 M&N M&N 89 ""86" 70 4 %■ 35 8-yr 2 %s 1943 7-yr 2Mb 1944 10-yr 2 Ms 1945——F&A 20-yr 3s 1955 J&D 3s 20-year 1958 J&D 87 80 76 New Brunswick— 8 f deb 5 Ms 1950 s M&N J&D J&J J&D M&N 89 J&D _ 56% 9 ... 36 J&J M&S 4 Ms 1900 A&O 4Mb non call 1958-M&H 15 4 Ms sf Apr 15.1961 AA015 Debenture 4s 1947..M&N 19% CANADA (American Dollar Quotations) 2s 6-year 1944 2 %s Jan 15 1944 40 40 65 4Mb May. 1954 4Ms Jan. 1944 J&J 4%s 1941-1951 A&O 15 4 Ms June 1, 1971—J&D 4s May 1.1944 M&N Metrop Co 4 Ms '53:54Sc'61 4Mb May 1, 1905 M&N Harbor Commissioners— Dominion of Canada— 24 f 27 7% external conversion 1979- 4Mb assented 1958 F&A Warsaw (Land M Bk) 8s 1941 Westphalia—See Prov Bank Wurtemberg 7s to 1945.M&N Yokohama ext )6s 1961..J&D 40 61 3%-4-4M% (8 bds of 1937) 3 M-4M-4 5-16% extl Conv s f of '37 1978.J&D 40 40 96 A&O 4s Elec L & P1941 3%-4-4M% ($ bds of 1937) external readjust 1979... 42 42 40 70 1957 J&D 3 Ms s f deb 1949. F&A Montreal 5s Dec 1. 1945. J&D 5s s f Nov 1, 1950 M&N 8 35 J 102% / 17 M&N Venetian Prov Mtge BankS f 7s 1952 ser A A&O Vienna (O) extl 6s '52...M&N Warsaw (City) 7s 1958.-F&A Panama (Rep)ext5M»'53 J&D al02 Extl s f 5s ser A 1963—M&N fk 57 Stamped (assented) Series A (ctfs of deposit).— Series B (ctfs of deposit) 5% scrip Ref 3% series B 1967--M&S Parana (State) Brazil 7s 1958Pernambuco (State of) Brazil Extl s i 7s 1947. M&S Peru sec if 7s 1959 M&S Nat Loan extl 6s 1960.J&D Extl s f 6s 1961 A&O Sydney (City) N S W— 25-yr s f 5%s 1955——F&A Tokyo (City of)— 5s of 1912-1952 M&S Extls f5M» 1961 A&O Tolima (Dept of) 7s '47-M&N F&A Uruguay 8s ext 1940 Extl s f 6s 1960 M&N Conversion scrip 64 7 6% J&D J&D f bonds of 1937-78 F&A 3Ks extl re-adj 1984—J&J 61% 6 5% % M&N B...M&N Extl sf 7s 1958 42 87 J&J 4s (Prov) Poland— 4-4%-4M% extl read] . s ff 47 47 4%s 1945 4%s 1951 4MB 1956— 22% 80 M&N f Institution Sink fund 7s 1945 J&D f Sink fund 6 Ms 1946 J&D Coil sf 6s 1947 M&S / Serbs Croats &. Slov (King of) „ 35 Scrip, Bs Mtgei Hank of Denmark— Exch s f 5s 1972 ser IX J&D 27 Municipal Bank— Hessen 7s to 1945 F&A / 16 National Bank of Panama— 4s ser A & B 1946-1947 / 63 4sser C & D 1948-1949 / 60 5s extl A&O 44 44 40 40 40 38 38 38 38 38 38 33 5s 1944 5s 1959--.— % % 16 18% 18% 17% 51% Net 8 F deb 5Ms 1958..—.J&J 5s 1943 J&D 56% 4Mb assented 1958 Slleelan Landowners Assn— 1st mtge s f 6s 1947 F&A / See New South Wales. . 65 . A&O 1945 Lachlne P Q 5s 1954 J&D Manitoba (Province of)— Debenture 6s 1947 A&O 5Ms 1942 M&S 61 f 7s 1961.. Extl 7s 1962 Metrop Water Service— New South Wales s Extl 8s 1962 Mexican Irrigation— f 6s 1959 ser Extl Silesia 70% 10% 10% 9% 21% 84 * 1942.M&S Extls f 7s 1948 Saxon -g" 12 10% 10% 9% 19% A&O ..M&N Sao Paulo Brazil 8s 1952 M&N Extl s f 0Ms 1957-M&N 15 8% f 1955 & 1900 Halifax N S 4s July, 6s Jan, 1951 s 8 f deb Extl guar s f 4s 1964 M&S Santander (Dept) Colombia Ask Hamilton— 11% A&O 7s 1945 4s 1945 stamped Santa Fe (Prov) 7i 4s Stamped 1942 Extl 14 5s Fe (City) Arg Rep extl Santlago(City)Chile7s '49 J&J - s J&J / deposit... / f « scrip.. Santa 6% „ Extl A&O / . Extl 8s 1950 J&J if Extl 7s 1950 M&S / Extl s f 6s of 1928. 1968 J&J / Sec sf 7s 1940 ...A&O / 15 28 7 (Brazil) State of— 8% external loan 1936.J&J / 30 56 15 8% 7% 8% 7% 7% 7% San Paolo 40% 10 10 65 _ 8s 1948. / 8s ctfs of deposit 1948— / Catharina (Brazil)— 8s 1947 F&A f 29 40 19 96M Ssnta 62 % 38 "9 % 1959 194V Salvador 7s 1957.. _ 54 % 39 M 11 64% 8% - 4s 5,; 18 F&A / Feb 1937 coupon paid... / Russian 6Ms June 18 1919.. / 5 M % ©xt loan TV* *Q9i / Saarbrucken (City) Germany Extl s f 6s 1953 ,J&J / (Mtge Bk) 6s ser A '47 J&S / 16 24 17 Japanese Government— 8 f GHs 1954 F&A Extl s f 5 Ms 1905—M&N Oriental Dev Co 0s'53.M&S Orient D»v Co 5Ms*58M&N Jugoslavia (Kingdom)— Funding s f 5s 1956—M&N 2d ser funding 5s 1956 M&N State Mtge Bk 7s 1957-A&O Leipzig (City of) 7s 1947F&A (Monopolies) Gold 5s 4 96 1947 J&J f / / / / / / 4Ms Jan 15.1957 J&J / 4 Ms July 16, 1958 J&J / 4Mb Apr 1, 1901 A&O / 4Mb June 1, 1967 J&D / Debenture 4s 1954—J&D / Brit Col (Prov) 5s *48-J&J 16 5s Apr 25, 1954 A&O 25 4MB 1941-1946 J&D 29 4Ms 1947-1956 J&D 29 4 Ms s f deb Jan 23 '69 J&J23 8 f deb 6s 1947 F&A Calgary 5s July 1,1945...J&J Edmonton (O) 5s *45&'50A&0 4 8 -. Bid (Prov of)— Gold 5 Ms Gold 5 16 ------- 30 unspecified.......... Extl 6 Ms 1958 Alberta 23 16 1951—M&S 15 f 6s series B Specified Itai Credit Consortium for Pub wksext 7s B'47 M&S Pub Utll Credit s f 7s'52J&J 6M« Institute 7s _ Mlnas Geraes (State) \ f 41 Bonds 16 f Prussia British Greek Govt s f 7s 1904—M&N 7% Sink fund 6s 1908 F&A 6% Guatemala 8s 1948 37 M&N Haiti (Rep) 6s extl 1952.A&0 52 M _6s 1953A&O / 40 Hamburg (State of) Germany Gold 6s 1940 A&O Hanover (City) Germany 7s'39 17 Hanover (Prov) Germany— 6s 1st series 1957 F&A 17M 16 *0Ms 2nd series 1949 F&A Heidelberg (Germ) 7 Ms'50J& J / Helslngfors (City) Finland— Extl if 6Hs 1960 49 A&O Hessen. See Munich Bank Hungarian Cons Munic Loan • f g 7 Ms 1945 5% —J&J Extl s f 7s Sept 1940—J&J 5% Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A..M&N 5% 5% S f THs'ol ser B($ bds)M&N 5 Hungary (King) 7 Ms '44.F&A Ext at 4M% to 1979—F&A 13 Irish Free State 5s 1960-M&N 74 Italy (Kingd) extl 7s '51.J&D 26M Prestito Kedlmlblle 3Hi Lima (Westphalia) 6s '33 6s 1936 To or Net 8 4 Ms Cons munic 6s 1947-.J&D German Govt Internet— 5%s loan of 1965—J&D „ Ask 7 Stabilization Funding 3s 1940__ German Cons Munic 7s'47 F&A Yield Basis To or Bid Bonds mt Poland German Conversion Offer— 93 Yield Bais Yield Basis Bonds BONDS for the closing day of the month preceding the date of issue Quotations for all securities are as near as possible Nominal, J&J Ref b 1.00 b to Indianapolis— 614s Track Elev '42-*47.J&J 4H« 1942-1955 r&J 154s refund Jan 1 1942-1961 lHs 1943-1958 J&J lHs 1959-1962 J&J Indianapolis School Dist— 4s Bldg 8ept 1 1946...J&J 3Hs July 1 1941 .J&J .15 % to 2 J&J 1942-1951 5s Water 1.00 6 1.00 2Hs 1941-1967—J&D 2.20 % to 2.30 % Housing Authority— 3H-3-2Hs & 2 Hs due 1941-1960 M&N 6 0.40 Ser A to 2.45 1.50 % 2.25 % 2.00 0 Augusta4>4s Flood '42-.M&N Bibb Co 4Hs 1943-49—M&N 6 2.30 Chatham County 6 1.00 Road 4Hs 1941-1949.F&A 6 1.00 Clarke Co 5s 1942-1944—-J&J 1 st 2.00 % to % 1.90 % to 2.00 to 6 0.40 to 2.50 6 1.25 Funding 1942-1947 A&O 1941-1948—J&J 1943—J&J 414s Drainage 1944 F&A 414s Refunding 1959—F&A 214s 1943-1967 J&D15 Spalding Co 5s 1942-M9 .J&J Swainsboro 6s 1942-1950-A&O Pulaski Co 5s to 1.25 2.00 % 1942-1948.F&A b 1.00 Inapt 1.25 % % 2.50 % to 0.50 »Hs b 0.30 to 1.2C Cedar b 1.60 to 2.00 1.40 6 1.00 Clinton b 0.50 less H b 0.30 less to b 0.30 to 1941-1942 J&D Rapids 4 Hs*49-'53M&N Co 2Hs 1942_.M&N Davenport Indep Sch Dist— 4Hs 1941 M&N Des Moines 5s 1941-'57—J&J IHs W W 1941-1942..J&D 2.30 b"1.75" co 6 1.00 Co 2.10 6 I 35 Jan 6 I 00 6 1.00 Ware Co 5s Road 1941-49 J&J 2.25 % % to 3.25 % to 1.25 to % l )es 2.25 % Sept 1 uee IDAHO Co Prim 6 1.00 414s ref 1942-1945—A&O 6 1.00 3Ms 1941-19 >7 M&S Amer Falls Reservoir Dlst— 6 2.00 1941-1944 1951 J&J Boise City Ind Sch Dlst No. 1 6 1.00 414s June 30 1941-1954 to 1.25 1948 M*y I 1942 17 b 1.00 less % 8 1 b 1.00 less b 1.10 less 1 b 0.30 to 1 00 J i 6 0.50 to 1.90 6 0.30 to 6 0.30 to 1.25 6 0.30 to 1.25 6 0.30 to 6 0.50 Champaign 5s County— .. 1942-1943—M&N Bdge Rev)— M&S Road 6 0.50 4 Hs 97 4 Ha 100 to |1.45 b"l.20" to % to 0.80 l".70 dbawnee Co 4 Ha 2.20 4s 1942-1944— 6 0.40 to 0.80 4s 1945-1948 6 1.00 to 1.45 4s 1949-1950 6 to 1.70 % 1.60 % 2.00 414a 1954 Board of Education— 0.70 6 1.15 Ito 1.55 314s 1955 opt 1946. 414s 1954 opt 1944. Chicago Park District— 314s 1956 opt 1946 4s 1955 opt 1942-'44 4s 1955 opt 1945-47 f?35 0.80 1.35 1.70 % % to 2.15 % 0.40 to 0.90 1.15 to 1.55 1.70 to 2.15 0.40 1.15 4s 1955 ont 1948-'55 . District— 1942-44 4s 1955 opt l945-'47 4s 1955 opt 1948-*54_. to 0.90 to 1.55 Sanitary 4s 1955 opt 2Ks construction ser J&J 0.40 to 2.15 1942-61.J&J 0.50 to 2.15 0.40 Elgin Sanlt D 5« *42-'44.M&N Evanston 8 D No 76— 1942-1948 Forest Preserve— 4s 1956 opt 1942-1944 4s 1956 opt 1945-1947 4s 1956 opt 1948-1952 Granite City 4 Hs 1942-48 J&D Jackson Co 45*8 1942-46.J&J 1.15 40 to 1 70 % toO 80 6 0.70 to 1.50 0.40 to 0.90 to 2.95 2.50 to 3.00 1.00 to 2.50 1.15 1.25 to 1.75 1.25 to 3.00 1.25 to 2.00 F&A 6 0.80 of)— 98 Bridge rev 4s 1964 F&A Wlnnetka (Village)— 6 0.75 25*s Dec 1,1941-1958— 1944-1958 to 3.00 0.50 to 0.50 to 2.90 J&J ft 3.10 3.00 6 0.75 to 2.25 1941-1953 M&S 6 0.75 Highw & Bdge *41-44 M&N 6 0.75 to 2.10 Gary Sch *00 City 4 Hs Oct 1943 Hammon (City)— 4s*C H 1942-1950..-J&J30 6 1.50 to 2.50 '47 & '52..M&S Bowling Green5s 1955 J&J Covington 4Hs *41-'50 A&O 4 H" WW 1942-1951.. J&J 4s Fdg 1952 opt '42 F&A 4Ha School Jan 1 1942-1969 Henderson County— 4 Hs R&B Oct 1 '41-*56 A&O Lexington— Pub Wks Nat Recovery— 1.00 to 0.90 % 1957 Jan H'way & Bdge *42-'54.A&0 4s Sept 1. 4s State Pier 1942......M&S 6 0.75 100H 101H to to 2.25 to 1.35 M&S 10 ! 100H 102 101 H 99 H 102 Improve'mt 1941-56-. A&O 101 4Hs 4s — 3.50 July 3.25 1952-1958.—J&J to 2 00 % 6 0.76 to 2.00 % Portland Water District— 4s Funding 1948 J&D 6 2.00 3.20 3.20 6 2 25 2.00 6 3 65 3.40 1.50 J.. 2.40 1942-'55.F&A to 2.40 1.40 2.00 1.85 1947 2.00 1.85 6 2.50 J& J 1 1.30 f< 10 I 6 1.50 1.30 6 2.00 1.85 1.85 % 0.50 6 2.00 6 0.70 3.25 J&J 1 3.25 % 3.15 % 6 3.25 Sewer 1.90 Dist— 6 1.00 . — 2.00 % to 2.75 % to 2.80 to 4 I 1.85 6 Portland 4s 1941-1950... M&N 6 2 00 Watervllle 4 H« 1941-1950 Weetbrook 4Ha 1941-1948... 6 1.00 MARYLAND 1.90 % 1.60 200 2 Ha Water May 1 1953—. 2s ref W W Jan 1 1961 South 104 % 2.10 Portland— District— 3Hs July 1. 1941-1947 3.00 6 3.50 to 3 00 Portland Bridge 2.25 5 3.20 5s Sch 1962—A&O 3.25 % Old Town Water District— 102 H 100 102 H 6 3 25 102 2 00 Kennebec Water District— 4s Ref May 1. 1950—M&N Sch Dlst— 1942-1945 M&N 6 1.00 4s O H '42 '45 tax ex-A&O 6 0.75 6 I to 2 30 Brewer High 100] 105] 1 to 2.10 Belfast 4 Hs Ref *41- 50 M&N 6 3.50 1 )1H 10 5; to Certificates of Indebtedness— 3s 1942-1950 A&O 6 0, 2Hs 1941-1951 —-A&O 6 0 2J*s June & Aug 15 *41-'52_ 6 0. 2s 1942-1953 F15&A 6 0. 1 Hs 1941-1953 F&A 15 6 1H» 1943-1955 F15&A 6 lHs 1942-1954 F&A 15 6 Annapolis 4H« W W *42. A&O 6 0. 0. 0. to 1.00 to 1.10 1 to 1.15 % 1.15 % to 1.10 % to 1.20 % to 1.15 to 0.50 1. § Baltimore— to 1.80 1942-1961 A&O 5s Gen Imp 1943-1945.M&S 5s Water 1961... A&O 5a to 0.70 1.70 registered 1940 ..-M&S 4Hs Mar 1. 1942-'55--M&S 6 0. 4s Aug 1. 1951 F&A 6 1, 4s Annex 1954 ..J&D 6 1. 1 5s M&N M&S M&S 4s Regis'd stk 1940-57 M&N 4s 1941-1944 A&O 4* 1950-1975 M&S to 0.75 6 0.50 6 2.40 to 2.50 3Hs 1941-1959 J&J Long Term Bonds— Refunding 3 H® 1942-'56_F&A Ref 3 Hs 1957-1960 F&A 4Hs 1942-1946 A&O 2Hs 1947-1956 ..A&O 2Hs 1957-1961 A&O 6 1.00 to 2.90 1944-55.. 1.25 to 2.60 1.50 to 1.80 to 1.00 2.80 to 2.60 6 0.50 to 1.00 6 1.00 to 6 2.70 2.60 2.60 6 1.00 to 2.25 3 H> March 6 0.75 to 2.00 2.15 6 2.10 to 6 0.60 to 1.80 6 1.80 to 6100H 1.50 99 100H to 1.90 2.00 to 1.50 1.25 1.50 1.50 1.65 6 1. 1955 4s Mar 1. 1901 4s 1945-1971 4s Refunding 2H* 1941..—F&A State Highway— 5s series A. B & O 1941-1943 4s Jan 1 1942-1956 3 Hs Jan 1 1957-1961 3Hs ser Q 1943-1954...J&J 3Hs ser Q 1955-1960—J&J Port Commission Refunding % 1.50 1.50 % to 6 0.75 6 0.75 1 Hs 1942-1961 M&N 6 0.20 Augusta 4a Oct 15 1941 1955 6 0.75 Bath 4s Ref 1941 tax-ex.J&D 6 2.50 0.30 2.00 1943 2.50 MAINE 5s 4s 0.50 __ / Flat price. 5s % 1.00 % 1.25 % 1.55 % J&J 5s series F Mar b Basis. 3.10 1.30 ... 15,1945-48. 5s series K July 1,1947-49 4s ser S 1941-1957.-—.J&J 4s ser V 1943-1955 J&J ho ... A&O Tensas Basin Levee District— 0 75 1944 LOUISIANA Elkhart 4 Ha WW ,42-,75 A&O 6 1.50 to 3.25 Evanavllle 4s ref 1942. J&J Fort Wayne 45*a '41-'57-A&0 &T.00 to Y. 50 % Fort Wayne School Dist— > 6 1.25 to 1.50 % 5s Oct 1 1941-1943 Gary 2s 1947-1952 A&O 6 1.50 to 1.90 2.60 0.50 1 25 % 0.90 Short Term Bonds- INDIANA 3.20 4Hs W W & Sew *41-'54J&J 4Hs May 2. 1942-67-M&N2 to to 1.75 to 1.75 1.80 1.90 3.00 ... 4Hs 1942-1959 101 Pentchartrain District— 6s 1944 M&N 5s July 1968 J&J 5s Dec 1. 1941-1969...J&D 6 0 30 Warren Ooumy— Rock Island (City M&S b 1.00 to 3.10 Plaquemine Parian E Bank— 107 5s Oct 1952 .A&O 105H to1943 4Hs w w 1941-1970—A&O 6 3.50 Rockford 8 D No 205— to 3.00 Ouachita Parish—■ 6s 1941-1960 2.75 1.75 3.20 4Hs S 1 *42, Ref 1.75 2.60 F&A Paducah— Madison (Kings H'way Bdg)— 4% revenue 1904 J&D 103 H 105 River Forest S D No 90— 4 H» 1941-1944. J&D 6 0.75 to 1.25 1945-1967 J&D J&D 1943.M&S Owens bo ro 5a Sewer.....J&D 6 3.50 Lake Co 5s Road '41-'49_F&A 1941-1944 5s 1950 Series B 5s Mar 1953 opt 1.50 \shjand— 3 Hs to 1.90 to 3.00 5s 1965 Series D ..F&A 4s Lou W Oo 1950 F&A 4s Sewer 1965.......F&A 4s Jan 1 1970 ...J&J to 2.00 to Parish Sch Board— % Hospital 1951...M&S 4Hs Ref 1965 J&D 4 Ha Jan 1 1970 F&J 4Hs oewer 1969.....J&A to 2.10 1.25 to 2.10 1.00 4Hs Non-callable 1952 J&D to 3.10 1.00 2.30 2.70 J&J J&J 1941-1949 1950-1959 1.60 4 Hs to 1.55 1.70 1.25 1.65 % Project No 3 July 1 '50 J&J Project No 9 July 1955 J&J Project No 10 July 1 '50 J&J Project No 11 1952 Project No 12 1947 Project No 13 1953.. Project No 14 1945 Sewer 103 H 6 0 30 Bridge Revenue Refunding— Project No 2 July 1 *50 J&J 4s 101 1.50 2s Louisville 3.00 % 6 0.30 6 0.30 KENTUCKY Olty Rail 5s to 2.15 La Grange (Village of)— 3s Water rev 1942-68. .M&S 2.10s 0.70 1 40 57. . 4s 1942-1963 to 1.55 1.70 0 40 1 % 107 ^ 107 y, 103 H 3H« 1941-1951 to 0.90 4s 1956 opt 1942-1944 4s 1956 opt 1945-1947 4s 1956 opt 1948-1953 45*s June 1 i I— 3 941-1960 2s refdg ser D Cook County— % to 100H 5s July 5s July 30 % 1.30 0 30 to 1 fopeka School Dlst— 4Hs March 1 1942-1946... 6 0.25 Wichita 4 Hs 1942-1946.J&D 6 0.25 Sch Dist ref 4 H»*42-4S F&A 6 0.25 lHs 1945-59 J&D 6 0.80 Wyandotte County— 4 Hs 1942-1945 J&J 6 0.30 % 1.00 106 H .... 0.90 0.90 Topeka 4Hs 1948 2.10 3« 1957 opt 1943 3s 1957 opt 1945-1947 6 0.25 1945 McPherson 4 H» 1945. Valine Co 4Ha 1945 % 2Hsctfs Feb 15 1958-59.. 2.10 214 s ctfs 1958-1959—J&D 6 1.80 to 1.90 2s ctfs Aug. 1 1950-53-— 6 1.90 to 2.10 2s ctfs April 1 1954-57— 1.10 314s 1952 opt 1945 1.30 314a 1953 opt 1946 1.85 3148 1955 opt 1951 — to 3.15 Shreveport— 5» Co 0?40 3s ctfs Aug 1 1954 1.50 2.80 % 2.85 % 3.00 % 3.00 % Red River A & B B District— 1942-1947-J&J Water Leavenworth b 0.40 3s 1957 opt 1942 3s 1956 opt 1945-1949 Water Works System— A&O Sch Dlst ... 3a 1945-1948 l" '49.. I&J 1942-1953 F&A 1941-1953 J&J 4Ha'42-54J&J 4Hs to 0.75 b 1.00 3s 1912-1944 4Ha Imp July b 4s Mar. 1 1942-1964. _M&8 Orleans District— 1.80 to 1.00 J&J 2 Ha Ref 1951-1960 Board of Education— I 2.00 % to 1 942 . 1.00 Leavenworth— Chester (Toll 4s 1965 Chicago— Bond.J&J - % 2.80 % 3Hs Ref 1941-1962...M&S 3Hs July 1 1953-1968 4s July 1 1941-1952 0.90 to b 0.30 Kaoaan City 5s 1942. ... F&A 4 Ha Wat & Light 1944. J&J % Highway 195.5-1958. .M&N & 1.35 'to 1.40 0.20 to 0.90 % 314s Emerg Rel *41-*47 Dec 1/ 1.00 ;to i.30 % 314s Emerg Ref ,48-,54 Dec If Bloomington 4 H« Water 6 1.25 ,to 2.25 1941-1961 opt 1952. M&S 4a to 2.30 1942.J&J 5s 4HS. 1941-1952 4s. 1953 1954 0.75 4s Pub Impt *52 opt '42.J&J Levee District— 4s Constitutional 5s [Soldiers' Compensation % % % to 3.15 Orleans KANSAS 0-20 [to 0.40 0-20 |to 0.40 0-20 |jo 0.55 0-20 to 0.40 to 3.00 106 H 4s 1946-1956 A&O 4Hs serial gold 1941-1945.. b 0.50 to 1.4 4 Hs serial gold 1945-1960.. b 1.50 to 2.65 6 2.6 5 to 2.90 4 Hs serial gold 1961-1980- 1 Orleans 414« Sorv Oomp *1 l-'43.Aug l£ 4148 Serv Comp '41-'43.Aug 1 £ 41^8 Serv Comp *tl-'44-Aug 1 J 4s Highway 1912-1943.May 1 £ 4s Highway 1945-1954..M&S & A&O 4Hs 1942-1966 w ILLINOIS % 2.15 % 1.00 Public Belt Bridge Rev— 4s 1941-1945 A&O 1 less 1941.1944 A&O Polk Co 2s 1942-1960.-M&N Sac Co 2Hs May 1 1942 1947 Sioux City 6s '41-45--F&A15 4 Sewer 1912-47..M&N 2Ha 1941-1956 J&J Woodh'y Co Fund 2H,,*42-'4fi Boise Ciry 4H» to 2.50 2.25 0.50 b 0.85 4 Hs Water 2.50 2.00 . 1.75 Lake Borgne Dlst Levee— 5s Dec 1952 opt 1942..J&D b Marshalltown— to 2 00 to M&S Road 2Hs Lyon Co 2 2.10 New Orleans—Public Belt— M&S 1945 »Hs 1944 4s Sept 1 1945 % to 2.60 % 5s 1954 ...A&O 6 2.90 Fifth District Levee— 5s 1952 opt 1942 J&J 2.90 5s Oct 15, 1962 op '52.A&O 2.95 5s Oct 15,1963 op'53A&015 Moines Ind d D— 4 Hs to 2.70 to 2.60 % 2.25 b Net Bossier District Levee— H b 0.30 % to 2.25 Ask 3.10 5s 1969 opt 1959 F&A 15 5s 1972 opt 1962 3.10 Lafourche Basin Levee— 5s 1956-1970 A&O b 3.00 IOWA to 2.30 % Savannah 414s ref 1 State Pension 5s June 1, 1948Capital Bldg 4Hs Aug 15, '52 Charity Hospital at N O— 1.75 3.85s 1942-1968 F&A 0.75 Atchafalaya Levee District— 5s Sept 1941-1972 M&S 1.00 % Baton Rouge 5s *42-'54_.M&S 114s 1942 1951.......J&D b 0.50 % State Highway—(Concluded) 3 Hs series 8 1958-1960.J&J b 2.60 3 Hs ser V 1956-1961—J&J b 2.50 3-3Hs June 15 1943-1962... b 1.25 99H to 3.50 Crisp Co 5s 1942-1957 --F&A 6 1.00 Dougherty Co 5s 42-'48_M&S Muscogee County— Road 4Ms 1942-1956—A&O 6 1.00 6s Oct 0.40l b Bid Bonds 1.20 % to 4 54s W W 1943 M&N Bend School City— 414s Valdosta 5s 1942. 6 0.25 6 100 98 to 0.40 % 6 Vandenburgh County— & 2Hs M&N z° South Housing Authority— Ser A 3Hs-3-2Hs due 1941-1960 to 2.25 6 0.75 ,to 2.50 Bend— ^outh 6 1.00 1941-1944...J&J Columbus 5« % 0.75 6 T or Net Ask Bid Bonds Net Atlanta— 4Hs 1941-1956 To or To or Ask Yield Basis Yield Basis Yield Basts Bid Bonds day of the month preceding the date of issue securities are as near as possible for the closing Quotations for all BONDS MUNICIPAL AND STATE 94 Parka 1945 M&S 3 H» Refunding 1952 J&J 3H« Sewage Impt '80-A&O Baltimore County— lHs 1980-1981 -M&S 2s 1942-1979 M&S Oumber'd 4Hs W W '41-A&O 2s 1952-1963 M&N Hagerstown— 5s Water 1941-1987—A&O 4Hs 1941-1987 A&O Montgomery County— 4Hs 1942-1968 M&N 6 1. I i 6 0, 1.80 to 1.70 % to 0.60 6 1. to 1.80 6 0, 0.80 6 0. 6 0, 9 to 1.40 1 1.90 % 6 2, 6 0 .30 1 3 93 to 1,80 % 0.50 % 6 0 .75 6 1 .50 to 1.85 6 0 .50 6 0 .50 2.65 % to 2.50 % 6 1.00 to 2.40 % % to June, 1941] MUNICIPAL AND STATE quotations for all securities are as near as BONDS 95 Dosslble for the closing day of the month preceding the date of issue Yield Basis Yield Basis or Bonds Washington Sub San Dist— 3Hs Wat & Sewer '87-M&N 43*s Sewer 1973 opt '53. J&J 5s b 2.35 b 2.25 ser 1.80 V V 1942-1981 J&D b 0.30 to 2.30 4s Water registd 1941-58-J&J ft 0.15 2s reg 1944-1968 1Kb 1945-1969 1942-1954 M&S b 0.50 Kapids— 3s Sept 1 1941-1945—-M&S b 0.25 to 1.60 5s J rand l".35 to b 0.60 K% 1941-1943 to 1.50 Arlington 4s'4 l-*42(tax ex)J&J b 0.10 to 0.20 M&N b 0.18 0.15 Boston 43*s Sept 11981-M&S 4>*s Tun 1960 tax-ex A&O to 1.00 - Beverley 13*s 1942-1948-A&O 4s Tunnel & Sub 1948 J&D 4s relief 1941-1953 J&D Lincoln Park ref 2% to to 2.35 0.20 to 1.35 0.20 to 1.75 973* 94 to 2.50 _ 3.00 % to 2.75 % to to 1.00 % to 0.75 % less i>* 13* less 13* to 1.75 to 1.00 to 1.75 to 1.25 to 1.10 0.20 to 1.50 0.20 to 1.75 0.20 0.20 0.20 to 1.10 0.25 0.25 to 2.30 0.20 to 1.50 0.20 to 1.40 0.20 to 1.30 0.20 101 2.50 0.50 — -_ 6 0.25 Saginaw 43*8 1941-1949—F&A b 0.25 43*8 Sewer 1941-1951-J&D b 0.25 Wayne County .Covert roads-. b 1.00 43*8 Airport April 1 1948— to 1.10 to 2.50 to 1.75 to 1.75 MINNESOTA to 1.75 Framlngham— Rural Credit ctfa 1942 2a 13*s water 1911-58...M&N Haverhill 13*s 1941-1951 J&D Holyoke 4s 1941-1950—-A&O 2s G & E 1941-1947—-A&OI& Lawrence (wat h'way & b'dge)| 23*s 1941-1958 J&D 6 Lowell 2 3*8 1941-1947 J&J b Lunenburg Water District— 23*8 1942-1969 A&O b Lymfield Center Water Dist 2s 1943-1967J&J Lynn 4s Hewer 1642-56--M&N 2s 1942-1969 -.M&S Maiden 2 3*s 1942-1958--F&A 13*8 1942-1951 M&N 0.20 to 0.25 to 0.40 0.20 0.20 0.20 43)8 1941-1947—J&J 1.75 2.25 to 2.25 to 1.60 to 2.00 to 1.60 2Kb 0.15 0.20 to to 1.35 2.10s 1942-1950 2s 0.25 0.25 to 1.50 Special street impt— 2s 1942-1961 0.25 1941-1953 M&N 1942-1949A&O New Bedford 4s 1957 J&J 23*8 1941-1947 A&O Newton 2 3as 1941-1969-A&O 13*s 1942-1955 J&J North Adams— to 1.25 to to 1.15 13*8 1944-1948 Refunding 1Kb— 1942^1951 Northampton 13*8 *42-59 F&A 0.20 Pittsfleld 4a 1941-1944—J&D 23*8 Dec 1 1941-1955—J&D 0.15 0.15 0.15 0.15 0.15 0.15 0.15 Reading 13*s 1941-58 M&N15 Salem lUs 1942-1948--M&N 2s 1941-1949 M&S 8omerville— t 13*s 1942-1955— A&O Springfield— 33*8 Water 1941-1960.J&D 2s Wa: 0.20 0.20 0.20 0.15 0.15 0.15 0.20 70s 1941-1943 1911-. 1919 II S M&S 13*8 Funding 1941-58..J&J 23*« Hospital 1941-49.J&J 4s opt M&N 6 0.30 J&J ft 0.50 . 43*8 Rd & Bdge'42-'44M&N|ft 0.50 4 9*8 Rd & Bdge '41-'43 J&D & 0.50 Paul to 1.85 % to 1.60 % 5s School July I 1951--J&J b 1.85 5s Gen'I impt 1942-62.-J&J b 0.50 to 2.20 to 43*» Sewer July I 1943-J&J b 1.00 4 3*s 1942 1959 J&J b 0.50 - J&J b 2.10 - 4# 1942-1961 2.60s 1941-1957 A&O 6 0.50 J&D b 0.50 less less 1 1 0.15 to 1.00 to 2.00 s less 3* to 1.50 43*s 1942-1949 F&A b 0.50 Bay Oity— 53*s w w 1941-1951—M&S b 0.50 to 1.75 to 1.50 to 2.25 ......... non-callable.. 2 5*s 1951-1963 3s Dec. 15 1952-1956 t Called Sept. 15. less 0.25 less less 13* lessl3* less 5 2.75 5 0.25 lessl3* t less 13* 1 to 2.75 ol003* 5 2.50 to 5 2.40 less 1 J&J 5 0.25 M&N 5 0.25 6 Basis. 101 1.00 993* b 2.60 Beatrice S D 5a 1942-54—F&A ft 0.40 Consumer Pub Power Dist— Central N^bnska Div— 993* 100 5b Pub Imp 1941-1948-F&A b 0.50 Yazoo-Mlss Delta Levee Dlst5s 1951-1954 M&N b 0.50 43*8 July 1949 J&J b 2.60 —J&J ft 1.25 J&J ft 2.40 J&J ft 3.00 ft to 1 \% % .50% to 2.20 % to 2.25, to 2.90 to Vo 3.15,% 1.00 to 2.25 ft 2.50 ft 3.10 to 3.00 to 3.20 ft 3.25 to 3,35 ft 3.45 to ft 0.35 ft 0.75 to 1.15 1003*1 yo % % — to 2.10 % % to 1.75 % to 1.00 % to 2.50 % 43*8 May 1 1955 M&N York School District— 43*8 1942-1955 ...J&J ft 0.50 to 2.40 to 2.85 % 0.25 1.90 1.25 1 2.00 to 2.25 2.40 b 2.60 101 to 2 .75 4Kb May 1 1956 M&N ft 2.00 5s 1948 J&D ft 1.40 Omaha School District— 1033* 1023* 1003* % • 102 NEW 1003* 1003* — HAMPSHIRE 4b July 1941-1943 J&J ft 0.15 to 1.00 Highway 1941-1943.J&D ft 0.15 Refunding 1942-1944 J&J ft 0.20 Highway 1942-1946 M&S 6 0.15 July 1 1941-1955----J&J ft 0.10 to 0.40 to 2.40 43*8 33*s 13*8 1 Kb to 2.25 Concord— to 1.00 23*8 Sewer 1941-1959-M&N ft 0.15 43<b U S D 1941-1965.J&D 6 0.15 Coos Co 13*s 1941-1950--J&D ft 0.15 Keene 4 3*sl941-1942...M& N 6 0.15 to 2 .50 to 2.75 1.50 2.65 to 0.50 to 0.80 to 1.35 to 1.60 to 2.05 to 1.30 to 0.25 Manchester— 4s Impt 1941-1951 A&O ft 0.15 to 1.60 33*8 Bridge 1941-1956.F&A ft 0.15 to 1.90 Nashua 3a H 8 1942-1956-J&J ft 0.25 to 1.65 to 2.25 to 1.70 5 2.25 1 1961. I 1961 1942-1943--A&O 102 Flcksburg— to 2.10 50.25 5 2.35 5 2.40 & Aug I960 ft 4 3*8 Wat wks Dec 15 *41 J&J to 2.00 b 1.75 .50% 0 •75 to 2.25 b 0.25 2.30 M&N b 0.50 fones Co 5s 1942 ....M&N b 0.50 Mississippi Levee District— 5s May 2 1944 M&N b 1.60 5s July 1 1953 J&J 5 2.85 3* 6 2.00 J&J 52.35 3 3*s Oct. 48 1942-1960 less 2.75 Refunding Water series D— 3 3*8 Oct 1 1951-1961 33*8 Oct 1 1941-1950 35*8 Oct 1 1948-1950 4s July 1 1941-1947 43*8. 43*8 Street railway 4 3*8. Refunding bonds— 33*s '57-'62 J&D 4a 41-'56 J&D 1 1951 33*8 1942-1950. 0.25 b 2.50 43*8 1941-1952 to 2.25 0.25 — to 2.25 105 Greenville 5s fund '43-'50 F&A ft 1.50 fackeon 53*s 1942-1954-A&O b 0.50 43*8 Jan 1 1942-1952 b 0.50 Detroit— General 3 5*8 callable (Long) 48 2.25 b 0.50 Callable bonds.. Non-callable bonds Dearborn— 43*8 Sewer '46-'51-'58-A&0 b 1.50 to 1.90 b 2.50 33*8 Feb 1 1960 Arbor— W W ref 4 3*8 1941-1948 J&J b 0.25 b 1.15 33*8 1944-1946 Battle Greek School District— to 1.50 b 0.50 33*s Feb 23*s Feb 23*8 Aug Siloxi 53*8 3* 3* less b 0.50 s 0.10 0.10 less to 1 ft 0.90 43*8 School 1942-1944 0.50 North Platte Sch Diet— 4 3*s 1941-1959 J&J 0.75 North Platte Division— Consumers Pub Pow Dist 23*s El Rev '41-'65.M&N ft 1.00 Omaha— to 2.15 9 Impt 1942-1946 M&8 May 1 1942-1950. Impt 1953-J&J s Flood 1941-1953.-.A&O 8 Highway 1950-1959.F&A s Highway 1961-1963 23*8 Highway Feb 1 1963 13*sgenoblig ref *44-'46—A&O Highway bonds— _ Lincoln School District— M&N ft 0.30 to 1.90 to 1.10 0.75 % % to 1.40 4Kb 1942-1953 Mc cOook County— less K to 0.90 to 1.50 _ 23*s 1942-1946 A&O 23*s 1947-1951 .A&O 3s 1952-1956. A&O 3 Kb 1957-1961 A&O 33*8 1962-1971 A&O Douglas County— 5s Highway 1942-46—A&O Holdrege S D 5b 1942-52.J&D to 1.40 to 1942-1953—J&J ft 0.25 23*s 1942-1946 23*8 1947-1951 3s 1952-1971 to 0.75 0.65 1*45,%" to 0.55 Eastern Nebraska Div— A&O b 0.50 to 1.10 to bonds— *44. to 1.10 Vo to 1.00 % 49*8 W W 1942 0.15 M&N b 0.30 J&J15 b 0.30 to 1.70 to 1.90 to to 1.50 NEBRASKA to 1.60 — 1951 % % % to 1.40 to 0.80 6s school July 1 to 1.75 to 1.40 to 2.00 to 1.40 1.70 to I 43*8 Wat & Sew '41-'50.J&J ft 0.50 b 0.30 F&A b 0.50 F&A b 1.00 1.50j( J&J 15 55*8 July 15 1941 5s to 1.75 1.451 It % 1.15:% % 1.30 % 1.55 % 1.30.% to 1.25 MONTANA Funding to 1.35 0.15 0.15 53*a Oct 15 1941 A&O 15 43*8 Highway 1943 F&A ft 0.30 43*s Highway Impt 1944 A&O b 0.50 4a Highway Impt 1942..A&O b 0.25 ... to 1.90 to to 0.95 to to 1.90 b 0.50 to MICHIGAN 43*8 43*8. to 2.00 b 0.50 F&A b 0.50 Mar I 1942 1949--M&S ft 0.50 3*8 1941-1947 F&A 6 0.50 43*« 1941-1950 —-F&A'ft 0.50 1.50 to 1.40 to ft 0.30 % 1 to 1.70 6 0.50 MISSISSIPPI 1942-1952 Winchester 33*8 1941-46-J&J Worcester (City)— Ann 43*s 1942-1949 19* Wellesley (Town)— 2s to 2.10 less to 1.05 1.65'% to 2.10 2 Watertown— 13*8 relief 1941-48-.M&N b 0.15 & 0.50 b 0.50 to 1.10 I 33)8 School 1941-1954-J&J 23*3 1942-1969 J&J 4 3*s 1942-1943 to to 1.75 v.w Springfield 4 3*s 42-'49~M&N University City— to 2.00 to 1.65 F&A|ft 1.50 „ b 0.50 to 0.90 to b 0.30 b 1.00 1954-1958 F&A ft 1.25 St Louis County Bridge Rev I 33*s 1965 A&O' 101 less 3* Ramsey County— 13*8 1941-1950.- to 0.90 to 1.70 to 1.65 33*8 1942-1955 A&O ft 0.20 23*8 1951-1956—M&N,6 1.20 to 1.80 impt— 1.90% 1942-1961—M&N to 0.50 b 0.30 A&O 6 Public Bldg & Impt— to 1.80 & 0.50 to 1.30 to 1.65 to 1.85 Great Falls— 0.20 M&N b o.50 to 1.80 b 0.30 b 0.30 F&A ft "0.20" - to 1.60 M&N 1941-1949 43*9 1942-1953 to 2.00 l"20 to 1.55 b 1.60 J&J 13* s June 15 1949 opt *44 Fergus Co 4s 1942-56 1.80s 13*s J&J M&N & 0.30 to 1.75 to 1.50 1.40 to 2.35 Highway debentures— to 1.45 Qulncy 23>s 1942-1947—A&O to 2.30 to 2.15 2s b 1.00 to 2.40 to 1.85 A&O b 2.00 to 1.20 0.15 0.15 13*8 1942-1949 to 2.45 Kansas City School Dst—■ 4s 1942-1951 J&J 43*s 1942-1950 J&J 43*8 1942-1950 J&J 43*s 1946 ..J&J 35*s 1942-1951 J&J less K to 2.50 to 2.00 I3*s 1948-1955 1.50 to 1.35 Pub relief & perm *0.20" to 2.10 b 0.30 b 0.30 1.90s Oct 1 1941-1946-A&O ft 0.50 Methuen (relief and sewer)— 23*8 13*8 1942-1946 b 0.30 b 0.30 to b o.50 J&J M&N J&O F&A 1941-1958 2 20e 1942-1959 33*8 1941-1942 tax-ex M&N 2s 1942-1953 F&A b 0.50 to 2.60 to 2.10 to 1.30 % less 3* 3* b 0.50 A&O b 0.40 2.30s 1941-1960 to 1.20 0.15 Medford— & 0.50 b 0.30 -J&J b 0.30 1941-1946 4r Hennepin County— 43*8 Sanitorlum *41-*42 J&J Minneapolis— 5s 1941,1943,1945. 1946. 1947, *48, *49. *50—-J&D 43*8 1942-1952 A&O 48 1944 A&O 3s 1941-1959 A&O 2.60s 1942-1966 A&O 2 3*s 1941-1967------ M&S 2.30s 1941-1947 M&S to 1.50 0.20 Duluth b 0.30 4 3*s 1942-1948 M&N 6 0.20 4s 1942-1951 M&N ft 0.20 3s School 1941-1954—.F&A ft 0.20 2s Feb I 1958-1959 less to 1.85 b 0.30 J&J b 0.55 J&J b 1.30 St Louis b 0.65 b 1.10 to 1.50 M&S b 2.10 _.J&J b 2.15 23*8 1945-1955 to 1.75 1943-------J&J 23* trunk h'way "47-51—M&N b 0.60 St Charles Co (toll bridge rev ref) 23*s 1956 J&D b 100 St Joseph 43*8 1942-'45..M&8 b 0.30 Refunding 4 3*s May 1 1951 to 2.50 Fall River— 3 Kb July 15 to 1.75 to 1.85 2s 1955-1961 _ 1.90 to 1.70 b 0.35 43*8 1943-1947 3s 1948-1954 i50 'to b 0.35 b 0.35 M&N Water Works Ref series B— to 1.50 to 1.10 13*s 1941-1959-J&D 13*s Relief 1941-1948-J&D Net b 0.30 J&J b 0.30 23*8 1958-1975 2 3*8 1956-1975 13*s 1949-1960 Port Huron 4 3*81942 River Rouge— Ref 3 3*81941-1950 J&J b 0.35 3s 1942-1957 3s 1954-1975 1942, Refund 4-43*8 1964 opt 1937 43*s School June 1 1955 to 1.75 0.20 0.20 0.20 .. J&J b 0.65 ... 4l*s 1942-1950. J&J15 4 3*8 1949 J&D 43<s Road *1942 T952".Vj&J 4 3*s Court h'se '42-'52 J&J Joplin (8chool District)— 4 3*s 1943-1948 Kansas City— 45*8 Various May 9 *42-'72 4 3*8 Jan & July 1942 J&J 4 3*8 1942-1955 A&O 43*s Airport 1942-54..A&O 4s Airport 1942-1971--M&S 33*s 1942-1974 J&J 33*8 1942-1974 F&A 33*8 1942-1955 A&O to 1.50 Pontiac— 0.20 13*s 1941-1948—.M&N15 Everett „ b 0.25 b 0.25 3% to 1946, 33*% to IgfO, 4% to 1955, 43*% to 1960, and 5% to 1965 85 - Muskegon 43*8 1942-44—J&J b 0.50 Muskegon S D 5s 1942—July to 1.90 0.20 23*8 1942-1968 M 2 & N 2 4s 1942-1955 (tax-ex)-M&N „ 1941-1945----M&R bansing 43*8 1941-1946—J&D 4 3*s to 0.85 0.20 23*s 1941-1968 J&D 13*s 1941 1970 J&J Metropolitan District— 2 3*s ser B 1942-62—J&J 23*s Oct 1 1941-62—A&O Bralntree4a 1941-1942 J&J Brockton 13*8 1942-1948-A&O Cambridge 2s 1941-1958-A&0 13*s 1941-1946 F&A Chelmsford Water District— 13*s 1941-1955 F&A Ohicopee lj*s 1942-'59.M&N Easthampton (hi'way & relief) b 0.25 Highland Park— 43*s School April 15 1957—- b 1.85 43*8 Scno .i Nov 1 1954 — — b 1.85 'ackson 43*8 1942-47.-A&O 16 b 0.25 fackson Union School Dist—- to 0.35 1942-1951- to 4sl942 195l _ Rapids School Dist—43*8 1941-1943 M&S to 1.60 M&N15 6 0.10 Is Ret 3s 1943-1956 Jackson County— to 2.65 Irand J&J b 0.50 J&J 1 b 0.60 Ask Buchanan County— 33*s 23*s 23*8 23*8 Hurricane & Flood Damage— . (Concluded)— 1943-1953 J&D b 0.60 1953-1958 J&D b 2.40 1959-1961 —-J&D b 983* 1962-1963--— J&D Flint 43*a 1941-1954-M&S 15 fto".25~ 5s (Mar 1 & Apr I) 42- 50— b 1.00 Flint Union 8chool Dist—• 2.10 MASSACHUSETTS 33<s gold July 1944 M&S Reg 13*s July 1, 1946-1960— Metropolitan Water Loan— Bid Series G noncallable— 2.20, b 2.10 1969 opt 1949 2.20 Detroit To or Bonds Ask Bid to 2.70 to 2.50 2.50 NEW JERSEY MISSOURI 43*s Road 1948-1950.._M&S 43*8 1943-1946 M&S 4s 1943-1947 M&S 4s Road 1944-1948-A&O 4s Nov 1 1948-1952 M&N 33*s 1948-1952 J&J 43*s Road 1942 3s Road 1953-1957 J&D 3s State Bldg 1942-1944.F&A 2.30 to 2.75 /Flat price. nNominal. 1.15 to 1.25 b 0.40 to 0.90 b 0.40 to 1.05 b 0.65 to 1.15 b 1.15 to b 1.10 to Road Bonds— 4s series H July 1942— 4a series I July 1943 1.30 1.30 ft 0.20 0.80 1.20 Highway Extension— 4 3*8 F of '20 Jan '55 opt *40 .20 ft 1.30 0.30 0.60 4 3*sseries A of '27 July 1944 4s ser B of *27 July 1950— 4 3*8 A of '24 Jan *55 opt '40 4 3*8 B of "24 July '55 opt '40 4 3*8 O of '24 July '56 opt '41 4 3*8 ser B of *30 July '41-'e7 ft 0.20 3 3*8 ser C of '30 Nov '41-'69 ft 0.25 0.20 0.20 0.20 0.25 to 2.20 % -ZU.Tto to 2 .00% STATE 96 MUNICIPAL BONDS AND securities are as near Quotations for all closing day of as possible for the To or Ask 3H®ser A July 1941-1966-- b 0.20 to 2.20 B July 1941-1 P«7 1942-1969- 0.20 Montclair 2Mb 1942-70-M&N b 0.25 Construction— Institutional 4 Ms series Morris to 3.20 b 0.75 0.50 to 1.50 to 3.20 b 2.95 to 3.10 b 4Mb 1941-1957 F&A 4Mb Sch & wat '41-'09_J&D 4Mb 1941-1967 —J&D North Arlington (Borough)— Refunding 4s North Bergen— Ref 3 Ms 1942-1967 J&D b Nutley (School District)— 4Mb 1942 F&A to 3.10 1.25 1.25 to 1.60 2.90 to 3.40 0.60 Belleville 5s 1941 & '44.M&N 3s Refunding '42-'60-M&N b 0.60 b 0.65 Belleville S D 5s '41-*44 M&N Bergen County— to 2.85 to 3.75 1941-J964.A&0 b 0.50 to 2.80 to 1.70 5M8 General improvement J&D 1941-1951 0.65 to 2.35 to 1.10 5s Impt 1942-1948 0.50 to 2.00 to 2.75 to 98 to Essex County— 4 Ms 1942-1960 to 3.40 4s Hospital 1946 Pater son— 5 Ms 1941-1959 to 3.35 to 1.85 to 3.20 97 to 1.00 to 2.65 to 2.50 0.50 to 2.70 0.50 to Par 0.50 to 2.40 0.50 to 1.60 0.50 to 2.85 0.50 to 1.15 Marine _ 0 _ b °-25 to 2.10 % 1.15 .F&A Essex Fells (Borough)— b 0.40 5s July 281941-1960 Fairview 5s 1944,.; ...J&J Glen Ridge— n nc 4 Ms Mun Bldg 1941-70 F&A b °-25 Gloucester City— 00 to 2.20 % ^. 99 4Mb 1942-1966 J&D b 00 X 98 M 6Ms Water 1942-1963.M&S b 99M Gloucester County— b 0.25 to 1.15 4 Mb Bldg&Rd '41-'45 J&D20 Hackensack 4Mb 1942...F&A 0.75 4Mb Imp 1942 J&J 0.90 to 2.85 % 0s 1942-1954 F&A 0.60 to 2.85 % 3s 1941-1966 M&S Hamilton (Township)— 0.65 to 3.30 % 3Ms sewer 1941-1978-J&D Par to 3.50 % Hoboken 5s 1941-1954—.J&J ^75 Hudson County— 4Mb 1942-1978 M&N16 b 4s g Park 1954 & '59.M&N b 2Mb Apr 1 1942-1959 b 2.65b 1942-1970 M&N J 2.35s Apr 1 1942-1966 b Hunterdon County— 4Mb Road & bldg '42-'40J&J b Irvington 5s School 1963.J&D 4Mb 1941-1959 .J&D b Jersey City— 6Mb 1942-1953 A&O b 5s 1941-1969 A&O b 4Mb School 1941-1958.J&D b 4Mb School 1945 J&J 4Mb Water 1961 A&O 4Mb 1942-1967 J&D b 4s Refunding 1949 F&A 4s July 1 1941-1953 b Gen ref 3Ms '42-'54..F&A b 3Ms, 1941-1956 J&D b , - . 2.60 J&J M&S J&D J&D 1941-1969 1941-1968 to 3.65 to 3.90 to 3.20 to 1.75 to 1.15 0.50 to2"50 58 School 1942-1955—-A&O to 1.75 3.60 % to 0.50 to 1.15 % 0.50 to 2.60 % 0.50 to 2.70 % 0.50 to 2.70 % 1-25 2.00 1,25 Keansburg5Ms 1942-59.M&N b 100 to 3.40 to 3.35 to 4.75 Kearney— 4Mb Water 1941-'70-J&D15 b 0.50 to 2.85 4Ms Sch impt '41-'62-J&D & 0.50 to 2.20 5Ms 1941-1970 J&D1& 0.50 to 2.90 Linden 2Mb 1941-1956—J&D ,& 0.50 to 2.15 85 Lodi 5s 1942-1947-——-J&J b 90 1.75 Long Branch 5s 1943 M&N "99" loo" Lyndhurst 4-5Ms Maplewood (Township)— 4s 1941-1967 J&D15 b 0.25 to 2.15 Mercer Co lMs 1942-57. J&D b 0.25 to 1.40 Middlesex (Borough)— 3 Mb 1942 to 1967J&J b 2.00 to Par „ „ - _ Middlesex County— 4Mb Road 1942-1944—F&A b 0.75 Imp 3s Nov 15 1941-1948— b 0.50 b 0.75 4Mb Rd & bdg '41-51F&A15 b 0.50 to 1.20 to 1.85 to 2.35 to 2.25 / / Flat price. to to 0.70 0.80 I to98M % 2.20 I 2.00 % 0.25 to 1.75 % 0.20 % I to 1.65 to 2.10 0.25 to J&D M&N 0.25 0.20 to 1.95 M&S M&N 0.25 0.20 to 1.85 J&D 0.25 to M&N Auburn 1.60s 1941-1958-F&A Binghamton— 4Mb Oct 1 1941-1971—var. 2s Mar 1 1942-1956 0.20 to 2.40 0.20 to 0.15 to 1.80 0.20 to 1.35 1012-1979. 2.00 to 1.45 to 1.50 1.75 Albany Port District— to 2.10 % 0.75 to 2.75 % 0.65 0.65 0.75 0.75 0.65 0.75 0.75 to 2.35 J&D 15 M&N .A&O J&D 4Mb 1941-1967 4s June 151960 % 2.60 % 1.55 to to 2.80 to 1.35 to 1.90 to 1.90 0.25 to 2.10 0.25 0.20 to 1.70 0.20 to 2.10 0.25 to 2.15 0.25 to 1.75 0.25 0.30 to 2.55 3 Mb ser F 1941-64..M&N Columbia County— 0.25 to 2.65 A&O M&S 0.25 to 1.80 0.40 to 2.20 % 4Mb 1942-1959 Corning 5Ms 1960 Cortland (City)— 1.60s 1942-1964 J&D 0.25 to 1.70 to 1.40 %' 0.15 Cortland Co 4Mb *41-'51.J&J Delaware County— 4.20s 1942-1952 .A&O b 0.20 to Par 2.10s 1941-1949 2s 1941-1959 to 2.15 to b 0.75 to 3.40 b 0.25 to 2.20 4MB 1942-1966 A&O b 0.25 West New York— 4Mb Oct 1 1941-1968-A&0 b 1.25 to 2.20 1942-1951 opt'40. A&O 1942 1979— J&J i941-1960—J&D . 5s School Orange— % &0 % % Par „ „ 3 Ms 1942-1964 Dutchess County— 4s 1942-1946 J&J J&D 0.25 to 2.25 to 3.60 0.15 to 0.75 b 1.25 to Erie 0.25 to 2.30 b 0.50 to 2.40 % 3.60 % % 1947-1954 County— 4Mb 1942-1959 4b 1945-1953 2.90 March 1. J&D M&S 1942-1947.. 1.90s Feb 15 1942-50—F&A NEW MEXICO H'w'y deb '40-'47—M&N H'w'y deb '48-'49—M&N 3s Jan 1 & July 1 1949-1952... 2Mb H way deb 1944-45-M&S 2MB 1946-1951 J&D 2Mb H'way debs 1951-52.A&0 2Ms H'way debs 1953-54.A&0 Albuquerque— 5s Water Works 1962,.J&D 4MB 1941-1950 J&J 4Mb 1941-1950 J&J Middle Rio Grande Conser b 1.75 1.25 b 2.00 1.50 b 2.50 1.75 b 1.75 1.00 b 2.25 1.50 b 2.50 2.00 b 2.60 2.00 123 128 Essex Co 4s 1941-1956—.M&S Free port— 4.20s 1941-1945 M&N 4.20ssever 1946-1960.M&N 4Mb 1942-1951 M&N 4.40a 1942-1950 M&N Garden City 4Mb 1941-52. J&J Greenburgh (Town)— 4s 1941-1951 J&J 6 Dlst 5 Mb 1941-1973—F&A Socorro County— 80 85 Greenburgh U S Sch Dlst No 9 4.40a 1941-1905 -J&D Groton 6s Wat ,42-*50—M&N Harrison (Town)— 4Mb 1942-1980 F&A optional 1921—A&O 96 100 Hempstead(T)4Ms'42-59 A&O Hempstead 4Ms 1941-05 M&S „ _ , to 1.50 M&S ...M&S 4b 2s Mar 1 1942-1951 3 Mb 3 Ms to 2.60 East Chester 4Mb '42-'58 F&A Elmira 4Mb 1941-1945—A&O % % « 1942-1959 A&O Sewer Authority— 4s 1942-1964 to 1.45 0.25 ^ 1942-1961—M&N Gen ref 3 M» J&J J&J 2s 1942-1960 F&A 1.70s ref 1942-1951.._M&N „ „ 2.60% 2.20s Jan 15 1942-1947.J&J to 1.35 to 2.10 0.20 to 3.10 b 1.60 2.40 to 2.35 0.25 b 0.65 b 0.40 b 2.60 Par to 1.75 to 2.20 J&J b 0.20 0.25 to b 0.25 to 2.45 0.25 % 2.90 % b 0.75 1.25 0.25 0.25 2Mb Ref 1942-1951...J&D Relief 1941-45—J&J 2Mb Oct 15 1941-56—A&O % to 2.70 to 1.40 3.40s Nov 15 '41-'55—M&N 3.10s Oct 15 1941-1946-A&O b 1.00 to 2.50 b 1.00 to 2.75 ^ 2.30s b Basis. to 0.40 to 2.15 5Mb 1944 5b 1942-1950 b 0.75 5s 1941 „ 0.20 to 2.15 % to 1.00 % to 2.20 West „ 0.20 0.25 0.25 0.25 b 0.50 58 June 15 .45 . M&N J&D 3M 1911-1971 2Mb 1942-1953 2Mb 1942-1978 2% 1941-1955 to 1.50 to 3.50 Westfield— to 3.50 & 4s Munic & Sch '42-'63_J&J to 2.25 b 1.00 3 Ms 3 Ma Unemploym't Relief— 2Mb Sept 25 '41-'43.—M&S b 0.10 2Mb Sept 25 *44-'45-.M&S b 0.50 1 Mb Sept 101944-1946 b 0.50 Housing lMs 1943-91 M&S b 0.40 Albany (City of)— 4M 1941-1969 4M 1911-1970 2.25 to Weehawken— Par to99M to 1.00 .20 J&J 0.70 High Imp Mar 1958.M&S 1.60 is g High 1.60 Imp Sept 1958.M&S ts High Imp Mar I960-. M&S 1.60 4s Canal Imp July 1900—J&J 1.60 is Canal Imp Jan 1961 1.65 J&J 4s Canal Imp July 1901..J&J 1.65 is Highw 1.65 Imp Mar 1901 M&S 4s Palisade Park 1901—M&S 1.65 4s Canal Jan 1902 1.70 J&J is Highw Imp Mar 1962 M&S 1.70 4e due Sept 1 1965 1.70 4s due Jan 1 1960 1.70 is Canal Imp Jan 1967.. J&J 1.70 4s Highw Imp Mar '67--M&8 1.70 is Palisades Park 1907—M&S 1.75 0.10 to 1.00 % 4s Bldg constr '41-'49 M&8 0.15 to 1.50 % 4b Apr 15 1941-1955 A&O 0.15 to 1.75 % 3 Mb Mar 15 '42-'81—M&S 15 0.10 to 1.75 3 Mb Mar 15 *42-'81..M&8 15 % 0.10 to 1.00 % 3 Mb 1941-1949 M&N 15 126 129 Is g Canal Jan 1 1950 —.J&J 126 129 3s g Canal July 1 1958 ..J&J 129 126 <sg Canal Jan 1 1959--.J&J 126 129 3s Canal 1957-1959 J&J 3s Mar 25 1942-1987——M&S b 0.10 to 1.85 % 0.10 to 1.70 2Mb 1941-1969 M&N 15 0.10 to 1.75 1Mb 1942-1979 A&O 1.30 to 1.70 1MB 1957-1961. F&A 0.10 to 1.55 1Mb 1941-1965 .F&A 0.10 to 1.70 % 1Mb 1941-1980— J&D4 Eliminat'n of Grade Crossings 2Mb Dec8 1941-1987—J&D b 0.15 to 1.80 % Unemployment Relief— 2Mb July 6 1941-1947—J&J b 0.10 to 0.90 % General State Improvement— 0.10 to 1.50 2Mb July 6 1941-1962-J&J 0.15 to 0.75 1 Ms Sept 10'41-46_M&S 10 4b 1941-1958 A&O 5Mb 1942-1951 to 3.70 .. to % 75 0.70 b 0.15 4Mb 1960... M&S 2 Mb refunding 1942-'57.J&J 1.40s 1941-1960-..—J&D to 2.20 Trenton— to 3.80 A 0-40 to 2.70 M&S Buffalo— 4Mb Imp & sch '41-60.J&D Sussex Co 4Mb '41-'44 M&S 4s Impt 1942-1955—M&N Tenafly 4Mb 1942-1963—F&A to 3.75 °-4° to 2.75 .75 1.75 1,75 Albany County— to 2.15 Summit— 1.25 1-25 0-50 to 3.15 Highway 1965 Em erg 2.50 b 0.75 1.90 s to 2.70 Orange— 4MB 4Mb to 4s 1941-1972 2.50 _ O-JS 2.60 0.50 to 3.80 Monmouth County— 4Mb Mar 15 '42-'50~M&S A&O 4Mb 1942-1966 F&A 4MB 1942-1960 F&A 3s 1942,1970 A&O 2Mb gen fd & ref '42-68 F&A 2Mb ref 1942-1966 A&O 2 Mb 1942-1954 M&N Union City 4Mb *41-'64-J&D Union County— 4Mb Oct 15 1941-1952.- — 4Mb Rd&Bdge'42-'47.F&A 4s Oct 11942 A&O 2.808 Gen Impt B June 1 1950-1965 Union Township Sch Dlst— 4Mb 1941-1968 J&J Vineland (Borough)— 5 Ms 1942-1950 M&S 2.25 , 2.70 to Terminal— 4Mb 1941-1973 South to 1.50 to Canal 1964 Canal 1905 1.70s 461911 to 1944 6s 1942-1462 to 2.40 . . M&N 2"75 to b 0.50 4Mb Feb 1 1945 F&A 4Mb 1941-1967 A&O b 0.50 Perth Amboy— 4Mb April 1944 4Mb Water 1942-64—M&S2 b 1.50 5s Feb 1942-1977 F&A b 1.75 4 Mb refdg 1944 & *46.-F&A b 2.50 Plainfield 4s School 1959 M&N 0.25 4Mb 1941-1962 Various.J&J 0.50 Rahway 4M8 1941-1953.J&D Red Bank (Borough)— 0.25 4Mb 1941-1953 M&N 0.25 Ridgewood4Ms 1942-62-M&N 0.25 4Mb 1942-1968 M&N Sea Isle City 5s 1942 82 F&A Somerset County— 0.25 4Mb 1941-1949 J&D 0.25 4Mb 1941-1952 J&J South Jersey Port District to 3.20 0.60 , ,_M&S 15 3.60 to M&N 4Mb Refunding 1944—M&N 4Mb Water 1941-1970—J&J b 0.50 Passaic County— 0.50 4Mb 1941-1946 J&J 4 Ms 1941-1968 0.50 J&D to 2.80 ~ J&J 2.70 Passaic— 3^ to 2.85 Cape May 4Mb 1942-51..M&S b Par Delaware River Joint Com i Phlla-Camden Bridge— I. 4Mb 1941-1945 M&S b 0-75 112 4Mb 1946-1973 M&S East Orange— 0.50 4MB 1941-1969 ..J&D 1942-1972 4Mb 1943-1907 4Mb Sewer _ Englewood 5s 1942-1944.A&0 to 2.90 to b 1-60 Elizabeth— 254s 1942-1978 M&S 4Mb 1942-1957 A&O 5Ms Dec 1 1941-1946.J&D 100 M 0.75 J Par 5s Sewer 1942 1960 J&J 3 School 1941-1974—A&O 100 to to 2.00 0.65 0.50 0.75 2.10 I J&J to 2.80 2.25 Camden— 4s 1944-1968 to 2.70 1.50 to 0.75 b 0.80 is g to 2.85 98 b 0.15 M&S J&J J&J is Canal Term 1942 to 2.50 0.50 Highway 1903 4s Canal Term Jan 1940.. J&j to 3.60 0.50 YORK 4Mb Bonus 1942-1949.—A&O to 3.10 0.50 Net 1Mb Bar<* Canal 1945—J&J to b 1.00 to 2.20 . J J J 4s 1945-1970 ? 1 Ms Poor Relief '41-45M&N\b 1.75 100 3.10 to 3.00 to 2.90 to 3.10 to —F&A ^ Ocean City to 0.50 6Hs Dec 1 1941-1942.J&D 6 0.25 5Ms Dec 15 1941-60.J&D15 b 0.25 5s Dec 15 1941-1955.J&D]5 b 0.25 4Mb 1941-1956 J&D 0.50 Bloomfleld4Ms '42-'69-J&Dl5 0.50 2Mb School 1942-1969.M&S 0.50 Bogota 4Mb 1941-1946..J&D 0.75 Bound Brook 4 Ms '41-42 J&D Bridgeton (City)— 4Mb 1941-1958 j&d & 0.65 5Hs 1941-1961... F&A 4Mb Water '42 to '60.M&N 4Mb 1942-1969 J&J to 2.80 5s 1944 ...F&A 4Mb Impt May 15 1942-'56. Ocean Co 4Mb 1941-'50—J&D to 1.65 . . to 0.75 Ask Bid Jan & Mar 1 1942-1945 Jan & Mar 1946-1970 4Mb 4Mb 4Mb 4Mb New Brunswick— to 1.60 0.75 Camden County— *1 1.50 to to 2.15 _ 6s w 3MB 1941-1949 J&D15 b 0.25 Morristown— 0.50 4Mb 1941-1942 J&D 4s 1942-1909 0.30 M&N b 0.50 1.40 0.25 1Mb 1950-1957. M&N 99 5 0.25 to 0.50 % Neptune 4M« 1942-1955.F&A 0.75 Newark 6s 1942-1972 —M&S 0.50 5Mb Oct 15 *41 to'59 A&015 5s 1941-1958 0.50 b 0.30 to 1.20 % ..J&J 0.50 4MB 1941-1983 F&A 5 0.40 to 1.25 % 4Mb School Dec 1 *45-.J&D 4s Sch house 1959 opt 1949 4s Pas Val sew'01 op 51 J&D 95 94 4a 1941-1970 -..J&D b 0.50 87 M 86 M 3Ma Track elev 1954—F&A 100 0.50 3 Ms 1942-1900 9934 M&N 0.50 2Mb Jan 15 1942-1970-J&J Bayonne 5s 1942-1949..—J&J 4MB 1941-1955.. F&A 4Mb School 1941-1966.F&A 3 Ms 1951-1959 J&D NEW Par to To or Bonds Net J&J to 2.20 0.25 2*isseriesD May 1942-1970 N. J. Emergency Relief— 3 Ms Mar 1942 3 Ms May 1942 2 Hi Jan 1942 to 1943... Unemployment Relief— 1Mb ser A 1942-1949, opt 1942J&D 1Mb ser B 1943-1950, opt 1943 M&N Asbury Park (City)— Refunding 4s I960.... Atlantic City— 3s-4Ms Jan 1973 Water 4s-4 Ms Jan 1973 Atlantic County— 4 Ms Bridge 1942-1957-A&O Audubon (Borough)— 6s July 1 1941-1944 5 D 4KB 1942-1955 M&S 4Mb 1941-1970. Ask County— 4Mb 1942 opt 1922 to 2.20 0.25 4s series O April Yield Basis To or Bid Bonds Net Bid Bonds the month preceding the date of Issue Yield Basis Yield Basis 1942-1967 J&J 1.30 to 1.10 to 1.55 1.50 to 2.10 0.25 0.25 0.25 to 1.50 0.25 to 2.10 0.75 1.50 0.60 to 1.75 0.60 to 2.05 0.60 to 2.00 0.75 to 2.80 0.75 1.00 to 3.00 1.00 to 3.70 0.75 0.75 to 3.00 0.70 to to 1.75 to 1.70 to 2.80 to 2.00 to 2.75 to 2.90 2.80 possible for the closing day of the month preceding the date of Issue Quotations for all securities are as near as To or Bonds Ask 6s 1942-1954 MAS b Horaell 4 Ms 1941-1947—F&A b Hudson Riv Regulating DIst— 4Ms 1941-1965 J&J & 4.70s 1941-1965 J&J b Huntington (T) 4s'42-'52-J&J b Islip 4s 1942-1952 M&S|6 Ithaca 4Ms 1942-1954 J&JI& Lackawanna 414s '4l-'54M&N|& ! Long Beach 594s 1953 acquisition 1941-1955. M&N 494s 1 0.75 0.70 0.25 1.00 97 to 2.10 2.35 to 6 96 99 o 6 1.00 Ontario Co to 3.00 1952.M&N 1.00 1.00 to 3.00 Middleport 4 35s '41-'42.J&D MIneoJa (V) 4.40s 1941-68 J&J Monroe Co4s 1942-1944.F&A 3.90s Co Bldg '42-'50—F&A 1M* Jan 15 1942 J&J 1.00 to 1.25 1.00 to 3.00 1.00 to 1.00 to 2.10 0.60 to 0.90 1942-1943 A&O 494s School 1962-73—M&N 0.75 to 1.50 1950-55--M&N M&S 2.50 to 1.00 to 3s 1941 to 1946 Nassau County— M&S 1.00 to 5s 1942-1943— M&N % 4s Sewerage 2.80 294* 1941 to 1956 494* 1942-1944 A&O 4s 1941-1947 J&D 394* 1944-1961 J&J 3s July 1 1941-1964-- J&J 3s 1942-1950 F&A 3.40s July 1 1941-1945-J&J 294s 1946-1956 294* 1942-1957 F&A 2.40s May 1 1942-48—M&N 2.20s 1941-1959 M&S 1.90 Feb 15 1942-1960- 0.75 % % to 1.10 0.60 to 1.25 0.60 to 1.65 u.80 to 0.60 to % % % to 1.30 1.20 to 2.25 6 0.50 6 0.50 to 2.25 1942-1963-J&J 6 0.50 - M&N 6 M&N 6 M&N 6 -.M&N 6 to 2.50 to 2.40 to 2.30 4948 1942-1965 4 94s 1942-1963 294s 1941-1947 New York City— 494* June 1965.--—J&D 0.70 to 2.25 0.70 0.70 0.50 to 2.60 stk 1980—J&D J&J15 294s July 15 1969 J&J 100 94 294s 1941-1970—.---F&A 6 0.25 294s 1941-1970 J&D 6 0.25 294s 1941-1953 J&D 6 0.25 29481942-1979 M&N 294s Serial 1942-1946-F&A 2 94s 1942-1956 _M&S 294s assessm't 1941-44. J&D NYC Housing Authority— 2 Ms 1942-1952 M&S 2 94s Mar 15 1953 294s Mar 15 1954 294s 1955-1957 M&S 3s 1958-1960 M&S 6 0.25 12694 128 12894 123 6 0.50 100 M 103 94 12194 il594 11694 11794 to 2.65 2.95 2.50 2.25 2.45 2.55 2.60 % % % % % % % %. 11194 — 2.65 % •2.50 % 112 11194 toi.45 to 2.95 1941-58.F&A 2.75 10494 10194 to 1.01 to 1.01 to 2.25 to 2.65 to 1.40 99 6 0.20 to 1.10 6 0.20 to 1.15 6 0.20 to 1.10 6 0.20 to 0.90 to to 1.20 to b 0.30 to 2.00 _ J&D & 0.25 A&O b 0.30 1941-1944—A&Oib 0.25 to 1.60 A&O\b 0.25 M&SI6 0.20 M&S b 0.20 F&A b 0.25 to 1.80 1941-1948 1942-1960 Oct 15 1941-1955 1941-1950 1941-1950 194* 1942-1955 1.30s 1942-1955 f&A 1.10s 1942-1949 -M&S Schenectady County— 494s 1942-1958 J&J 5s Dec 15 1941-1948-----Somers (T) 4Ms 41-'53-M&N __ to 2.30 to 1.00 to 1.60 to 1.60 & 0.25 b 0.25 Ash OYHIo to 6 1.00 to 3.30 6 0.50 to 3.30 6 0.50 to b 0.25 b 0.25 & 0.25 to 1.70 to 1.70 M&S M&N 6 0.50 ,43-"46 6 1.75 0.50 to 2.90 to 3.00 to 2.50 | I % % % to 1.10 % to 1.30 % to 1.25 to 1.30 % % 0.50 to 1.00 % 58 58 M „ M&N M&N M&N F&A 1941-1948 1941-1970 1942-1979 1942-1959 6 0.50 to 1.80 6 0.50- to 2.25 6 0.50 to 2.25 6 0.50 to 2.10 F&A 6 2.10 to 2.20 M&N 6 0.50 to 2.10 0.50 to 2.25 1945 .J&J b 0.50 to 1.40 J&D b 0.50 to 2.00 1941-66 Durham— J&J b 4 Ms 1942-1966 5s Water 1942 to Durham County— 4Ms 1941-1951 Elizabeth City (public 3 Ms 1942-1950 imp)— 3.00 % to 3.00 to 3.25 to 1.80 3% 1968-1970 A&O Forsyth Co 4Ms *41-"58.J&D b 0.50 to 2.20 to 2.40 Greensboro— to 2.30 A&O & 1951-1967—A&O b F&A J&J & -.F&A b 6s Water 1942 % 3.10 4 Ms 4Ms 1942-1965 to 1.80 % 0.75 . 1942-1963 to 2.90 to 2.20 0.75 % to 3.00 0.75 to 3.00 4s Water Works Sullivan Co to 2.00 494s'42-*45-A&O,b 0.25 M&S b 0.25 to 2.20 Bigb Point 4Ms to 1.00 2*60 to 2.40 to 1.30 to 1.80 to 2.30 to 2.10 3%00 to 1.50 to 1.30 to 1.40 0.50 to 2.75 to 1941-1950—J&J 0.25 to 2.75 2.90 b 0.25 to 2.50 1.40 to 2.30 2.40 2.90% 103 X to 2.50 b 0.25 to 3.20 b 0.25 to 3.00 103 b 0.25 b 0.25 to 6 0.25 4.20s 1942-1949—F&A 6 0.25 4.15s 1942-1950. M&N 6 0.25 2.25 to to 1.75 to 1.85 4.10% Sewer 1942-1950.J&J 4948 Wat May 1 '42-48M&N 3.95 Nov 1 1961-1970-M&N 0.20 to 1.20 0.20 to 1.70 to 1.80 3 0.20 to 0.60 0.20 to 1.15 Niagara Falls School Dist— 494* 1941-1960 F&A 6 0.20 to 1.65 4.10s A&O 6 0.25 1.10 1.75 1.80 to 1.25 to 1.70 to 1.90 to 2.50 to Rev 2.60s 1967-1969-A&0 1.40sl941-1969 1.10s 1942-1950 J&D 6~0.25" A&O 6 0.25 J1 & M 1 6 0.15 to 1*70 to 1.30 to 1.05 6 0.25 to 2.00 5J4s highway 1942-'53-F&A 6 0.25 to 2.25 Is 1942-1951 70 Warren Co 494s % % '42-'50--F&A Water town— 1941-1953 5a 1941-1945 1941-1946 to 3.85 Aug 1 4MB 1942-1950 Lincoln County— 0.25 3.90s to 3.00 M&N b 1942-48.J&J b Iredell Co 5s 1941-1950—J&J Imp'41-45-J&J15 1.50 1941-1968 J&D b 1.00 Refunding bonds-— 4 Ms 1942-1951 M&N & 1.50 4s 1942-1957 M&N b 1.50 3 Ms 1958-1969 M&N 6 3.40 3Ms 1970-1975 M&N 1941-1957 to 1.80 to 3.00 2.80s 1941-1958 M&N Triborougb Bridge— 2948 revenue 1945-52-F&A 3s revenue 1953-1975--F&A 394s s f revenue 1980--F&A Troy 494s 1942-1950 A&O 494s 1941-1970 J&D 494s 1941-1965— J&J 2s 1942-1981 M&N to 2.65 to 2.00 to 2.50 J&J 0.75 4 M» 6 0.25 1.50s to 1958.F&A 5s Wat, Serv M&Njft 0.25 J&D15 & 0.25 F&A b 0.25 394s 1941-1951 J&J15 6 0.25 3s 1941-1971 J&J15 b 0.25 2.20% 1942-1957 uM&S b 0.25 2s 1942 1956 -M&S ft 0.25 1.30 2.10% Aug 15 1946-1947-194 s 1941-1948 F&A b 0.25 0.25 194s 1942-1946 M&S 494s 2?50 Guilford County— 1941 1946 2.25 . Greenville 5s W W to 9.50 594s 1941-1960 494sl942-1944 4.20s Dec 15 '41-71 Water 1954.. J&J Refg 3 Ms 1957-1962 J&J 6 2.50 to 2.10 Syracuse— 4s % % % to 1.90 57 1 1976 1960-1977 2 M« to 1.90 to 1.90 56 M Charlotte— 3s % 1.90 ----- 1.25 to 1.20 394s 294s High & ref 1942-57 M&S'& 0.25 2.20s June 1 1941-1962 J&D b 0.25 „ 6 0.25 J&J 6 0.25 J&J 6 0.25 to 1.00 5s Bridge to 3.20 to 3.40 to 3.60 *42.F&A ..A&O & 1.00 % % % % % % 3.40 1.00 to 3.00 % _ 1942-1951—F&A b 0.75 Mecklenburg County— 6s Ref Nov 1950 M&N Pitt County— 4Ms 1943-1947.. M&S & 58 Fund June 1959 J&J Raleigh— 5s Impt June 1 1944--J&D 4Mb 1941-1967 A&O b 4s 1946-1950 M&N 6 3Ms 1951-1956 M&N b 3s 1955-1970 A&O b Randolph County— 4 Ms 1942-1947 F&A & 4Mb 1948-1959 F&A b Rocky Mount— Water and sewer bonds— 5s 1944-1947. J&J b to 2.40 % 2.00 1.25 to 2.20 0.75 2.00 2.30 to 2.85 2.40 to 2.60 1.00 2.50 to 3.00 1.30 to to 2.40 to 2.50 _ to 2.35 1.75 2Ms 1948-1970 —J&J b 1.60 to 2.35 2Ms 1971-1980 J&J b 2.25 to 2.30 Salisbury 6s 1941 M&N Transylvania County— — Refunding 1M% 1941-1942 2% 1943-47, 2 M % ,48-,52 3% 1953-57 and 4% 195874 M 76 M 1972 .—J&J Wilmington— i 5s Ref & Impt 1955 A&O 70 0.75 to 2.65 4Ms 1941-1962 A&O % 0.75 to 2.60 4 Ms Pub Imp 1942-60-J&J 2.50 Winston-Salem— % 0.75 to 1.80 5s Sept 1942-1947 M&S % 0.75 to 2.40 4MB 1942-1958 M&N 15 % 0.75 to 2.50 4MB 1941-1973 J&J 1.80 to 2.30 4s refunding 1948-56—J&J 2.20 to 2.30 3s refunding 1956-68—J&J 2.50 % % % to 1.50 J&J to 1.00 Thousand Islands— 494s Bridge Rev '67-M&S 93 NORTH DAKOTA 5s Farm L'n 1942-45&*50 J&J 5Ms 1945 & 1948 ser O...J&J 4Ms July 1951 & 1955 J&J 4Mb Jan 1957 J&J 2.25 Ohio munldpai bonds Issued sines Jan. 1.1913, are taxable, all bonds issued orior to that date are tax-exempt. b Basis. 1.50 2.25 1.50 2.50 2.75 (See next page) 3.25 to 3.25 to 3.20 ~ „ 4.15s Sewer 1965-70.-M&N * 3.30 6 0.50 l-4s gen ref July 1 1976 Buncombe County—1 3 Ms to 1.15 1942 1949 to 3.30 6 0.50 1 CAROLINA MAN b 0.30 10194 1.15, to 3.40 % 6 0.50 J&J 4Ms 1942-1962-...—.—J&J 4Ms 1942-1968 A&O 4s 1942-1968 A&O 3Ms 1942-1945 A&O 4 Ms 3 Ms 0.20 2s Mar 1 NORTH to 1.25 Revenue 2.75s 1941-66 M&N 6 0.50 A&O 1 4s gen ref July 2.55 94? 1942-1945 j.90 6 0.2J 6 2.65 M&N 1.75 6 0.30 6 0.20 1942-1946 A&O 6 0.25 F&A 6 0.25 1942-1948 39*8 May 15 '42-'51-M&N 6 0.25 Niagara Falls— 594s 1942-1948 % to 3.50 to 1.10 2.50 10094 % to 3.50 6 0.20 6 2.60 6 2.35 I to 1.00 6 0.50 6 0.50 6 0.50 6 0.50 2 Ms 1946-47-1948...r-A&O b 1.10 2 Ms 1941-1948 J&J 6 0.50 2s 1948-1949 J&J 6 1.25 lMs 1942-1943 J&J IMS 1943-1946.. J&J 6 0.50 1942-45—J&D b 0.30 4 Ms Schenectady— 4Ms Pub 2.20! % to 2.20 6 0.50 5s July 1961 Utica— to 1.00 to 2.50 6 0.50 3s 1942-1960 5 M> 4 Ms 594s Water % € to 2.60 6 0.50 to 1.00 Union Free Sch Dist— 94 to 2.90 £40 9794 to 3.25 to 1.60 (Village) —J &D 6s to 2.80 to to 1.00 394s sewage 1942-1969.J&J b 0.50 4 94s 1942. J&J 0.25 494s Sewer 1941-1953—J&J to 2.85 0.70 6 0.20 Tonawanda (City of)—A 104 94 to 2.75 to 1.85 6 0.25 6 0.20 M&S 494s July 1941-1958 to 2.15 to 1.60 Ticonderoga S D No 5— to 2.95 6 0.75 to 0.25 1.10s 1942-1951 F&A Thousand Islands See*'Water town" 10794 to 1.25 1.50 _ ,41-,57—A&O b 0.25 1941-1951 F&A b 0.25 11894, to 2.85 to to 1.50 2.80s 1942-1959 Southampton— 5s 1942-1971 Suffolk Co 494s 118 6 0.50 10194 104 94 10194 „ - 6 0.25 594* Jan 1942-1961—A&O 5s 1941-1961 A&O 4 Ms July 1 1911 1962.A&0 4 Ms Mar 1 1942 1956-A&O 4s 1942-1958 -F&A 3 Ms 1943-1961 J&D 3.30s April 1 1942-1956 3 Ms 1942-1955 M&S 3.10s Oct 1 1941-1964. to 1.75 2.20s 1.80s % 0.30 6 6 to 1.75 2948 \fG3 to 2.25 6 0.20 12394 103 94 to 1.50 6 0.20 4s 126 to 2.00 A&O 6 0.50 2Ms 1941-1954 124 6 0.25 6s Feb 1 1942-1952 to 1.85 4.15s Transit Unification Issue— corp to 1.65 6 0.20 12794 to 2.80 to 2.80 to 2.50 6 0.25 494s 1941-1942—J&J 6 Par 1942-1962—F&A 122 94 125 2.25 6 0.25 Vonkers— 2 M« gen & ref July 1 4.30s to to 1.40 to 1.90 122 _ Wolcott 6 0.30 Scarsdale % to 2.25 (reg)..M&S 6 0.25 3.90s 1942-1954.--. .F&A 6 0.25 2Ms Sept 1 1943-1949..-.. 6 1.00 Saratoga Co 4 94s '41-'55-M&S b 0.25 to 2.15 to 2.25 4s Sept 1 1945-1954-—M&S b 1.30 " 128 94 129 94 to to 1.40 F&A 1942-1954 to 2.70 0.25 White Plains— to 2.20 101 3s 6th ser Dec 1 1975- — Co 4 94» *42-,61.A&0 6 0.30 6 0.30 Rensselaer County— to 2.60 2.60 4 94* 1942-1959 104 1976 0.25 .J&D J&D 194s 1948-1953 194s 1943-1952 0.50 1941-1950—M&N 1.80s 1941-1945 M&N Rye & Har'son Un Fr 8 D No 6 4.40s 1941-1953 F&A 123 94 133 94 3M* exempt 1955 M&N 6 2.75 3 Ms stock Apr 1,1954-A&O 6 2.60 111 3 94s Corp stock Mar 1, 1960 110 94 394s Corp stock Jan 15,1976 394s reg Corporate stock 1950-1953 M&N 6 2.20 3 94s Corp stock July 1, '75. 10694 394* Aug 1 1941-1978.F&A 6 0.25 6 0.50 394? serial 1942-1979._F&A 3s Rap Trans 1947-51 _F&A 6,1.75 3s corp stock Jan 1 1977 J&J 10394 3s Serial 1941-1968 J&J 6 0.25 3 s serial 1942-1969 M&N 6 0.25 3s serial 1941-1973 J&D 6 0.25 3s corp stock Feb 1 1979— 10394 3s Water 1941-1970—A&O 6 0.25 3% 4s to 2.75 0.20 Aug 15 1977 ser 1.25 0.10 Rome 4.10s 12394 to 1.15 to Putnam 4.15s 1941-1952 3 94s g exempt 1954—M&N 6 2.70 11094 3 94s g Water ex 1954- M&N 214s 1941-1979. 394s 5th to 3.00 0.20 1976 Rockville Centre 1.75 to 2.70 to 2.50 Y Authority— 3 94s 3d series Mar 1 3s 4th series Dec 15 to 3.10 2.40 1.00 494s 1941-1945 127 94 126 94 12694 494sl963 M&S 12594 4948 May, 1967 M&N 12294 494s Nov 1957 M&N 12294 494* Dec 1, 1979 J&D 13294 4948 Corp stock 1967--J&J 12794 494s Corp stk 1971—J&D 15 12894 494s July 1,1941 to 1955.- 6 0.25 494s Jan 1, 1977 J&J 126 494* 1960 M&S 121 494s Mar 1, 1962 M&S 12194 494s Mar 1, 1964 M&S 122 494s April 1,1966 A&O 122 94 494s Apr 15,1972—A&015 123 94 494s Rap Tr & Wat *74 J&D 124 94 494* Feb 15. *42-,61-F&A15 6 0.50 494* Feb 15,1976—F&A15 125M 494s Nov 15,1978..M&N15 126 94 494* Mar 1, 1981 M&S 12794 4s Oct 1,1980 A&O 122 4s May. 1977 M&N 12094 4s Nov 1955 M&N 114 94 4s Various 1956 M&N 11594 4s Various May 1957-M&N 11694 4s Nov 1958 M&N 116 94 4s May 1959 M&N 11794 4s serial 1941-1963 J&J 6 0.25 4s 1941-1954-J&J15 6 0.25 394s Corp stock July 1 75--I6 3.05 3 Ms Corp stock 1941-1954- 6 0.35 394s R T 1948-1950—M&NI6 1.90 394sg exempt. 1952 M&N 6 2.55 394s g exempt 1963—M&N 6 2.65 6 0.20 Rockland County— to 2.70 to to 0.40 4 9*s Pub New Rochelle— 5s 1942-1950 to 1.25 to 1.20 6 0.20 1941-1942-M&S 494s Highway Newburgh— 4s Wat Impt 6 0.60 6 0.20 % General & refunding—- Rochester 5s to 1.60 6 0.50 6 0.60 to 1.25 *41-52 J&D 4s School 1941-1959—-M&S 1.40s 1942-1960 -----M&N Port Jervis 4 94* 1942- 69.J&J Port of N to 2.90 0.50 - Imp *41-'68-F&A 494* 1942-1959 -„-M&S 48 Imp Sch &c *42-'47- J&J 294s 1942-1957 — M&S 1.70s 1942-1948 F&A 194s 1942-1950------M&S 1 jfOs Jan 15 1942-1950 J&J 1.10s 1942-1951 M&N Is 1942-1950J&J to 2.00 0.50 to 1.70 Poughkeepsle 4 94s 2.50,% 2.55| % 0.60 to 1.75 (T) Un Fr Sch Dist No 1 4.60s 1944-1966------ % 3.35 % 2.75 % 2.60 % 1.75 % to to 1.50 Pelham 1.25 % Mount Vernon— 4 Ms to 1.25 4 94s Water 1942-1969.A&O 6 0.20 Oswego 594* 1942-1946. -M&N Oyster Bay Water District— 4s 1941-1950. J&J 6 0.20 to 2.60 J&J 5 Ms May 11942 3.90s 1941-1964- to 1.10 6 0.20 1941-1950--J&D 1944-1951- ---J&D 4s 1942-1951 -M&N Ossining494s Mamaroneck Un F 8 D No 1— 0.70 6 0.20 1941-1968---—-J&£ 1.10s ref J&J 494s 1941-1964 to 2.70 to 6 0.25 1.10s ser A Mamaroneck (Town)— to 2.15 6 0.20 2.10s Feb 1 1.70s t 0.25 4 Ms San Sew '42-*82_.. 6 0.20 Ref 1.90s to 2.50 J&D J&J 494s Parkway 1962-86 J&D 494* *44. *45. *56 & *69 J&D 4s Co Bldg 1942-59—M&S 4s June 1 1959-1964—J&D 394* 1941-1951 J&D 394* 1952-1980——J&D 3 94* 1941-1963 J&D 2s 1941-1951 J&J Westchester Cross County Parkway Authority— 394s 1942-1946. .J&D 2 Ms 1947— -J&D 5s to 2.15 6 0.40 1941-1951 .-A&O 1942-1957 ...F&A 1942-1968-— — 3.70s to 2.00 County— 1941-1976. to 0.50 494s Water 1941-1964-A&0 6 1.50 4 94s 1947-1972 -----J&J 6 0.20 Oneiaa 4s Water 42- 45--J&J 6 0.20 Onondaga Co. 4 94* '41-47A&O to 2.85 to 3.001 Net Ask Bid Bonds 0.25 North Tarry to wn— 1.00 1.00 To or i Nv | 0.30 2.40s 1941-1967 97 6s 1947 Beach 4s 1 to 1.50 Ask Westchester 7~ 1911-1942—--J&D M&N Hempstead S D No to 2.60 0.75 0.25 To or „ Bid Bonds Net North Hempstead Un PSD No 1 Yield Basis Yield Basis Yield Basis Bid 97 AND MUNICIPAL BONDS STATE June, 1941] /Flat price. :75 STATE 98 AND MUNICIPAL BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Yield Basis Yield Basis To or Bid Bonds Ask Dls 1942-65-M&N b 3.00 Bid Ask b 0.40 1.40 1.30 to 1.70 to 1.60 Bonds (See footnote *) 5s Akron 6 Ms 1942-1951 J&J 6 1 5s Water 1941-1953—A&O b 0 A&O A&O 4 Ha 1941-1947 4 Ha 1941-1952 b 1, to 2.50 to 1941-1944.A&O b 0. to 1.00 2~20 Canton— 5s Sewer 1953 M&S 6s Water 1944-1959—A&O b 1, Canton School Dist— 5s 1954. A&O 4Mb Dec 5 1941-1942-J&D b 0 4.40s 1950 to 2.25 to 0~75 3 Ha May 15 1942-1945 4Hs H'way '42-'49 (s-a).A&0 4s Highway 1941-1942..A&O Astoria Ref 1-5% 1967—J&J Multnomah County— 4Hs Bridge 1941 1944. J&D 4Hs 1949-1956 F&A 4s Bridge 1945-1955—.J&D Multnomah Co 3 D No. 1— b 0, 0.90 to 1.35 4Hs Impt 1942-1445—J&J 1.00 b 0.50 to 1.20 F&A 0.75 to 0.95 to 1.25 6 0.50 York 4 Ha 1941-1943 to 1.25 6 0.50 to 0.75 66 H 6 0.50 RHODE ISLAND 68H to 1.25 1% Relief 1942-1943—M&S to 2.40 6 0.40 1 H % June 1 1942-1943..J&D 6 0.40 to 0.65 to 2.30 3% Public Wks 1951-50.M&S 6 1.50 to 1.65 6 0.50 to 1.50 48 Tune t 1977.. 4Hs Bridge 1970 to 2.00 Cranston—• to 2.00 2Hs Ref imp *41-*45..M&N 6 0.50 lHs Ref Imp 1946-1955 opt 1947 M&N 6 1.00 to 1.40 to 1.50 to 1.35 4a Oharlt Inst 1905 4a Water 1941-1958 to 1.85 to 1.65 0.90 2 Hs Nov 15 to 2.50 to 1.65 100 to 2.10 4 Hi S hool 1954 1H % Tax antlclpa'n notes— Series "E T" May 311941 5s 4Hs 1941-1950.——M&S b 0. 75 to 1.90 4 Ha 4s Sewage 1941-1958—M&S b 0. 75 3 Ha 1941-1949 A&O b 0. 75 ZHa 1941-1956 A&O 6 0. 75 3 Ha 1944-1953 ..M&S b 0. 75 to 2.20 Highway 4s April 1 1942 to 2.00 A&O b 0. 75 M&S b 0. 75 to 2.25 to 1.90 b 0. 75 J&D b 0. .75 to 1.90 3s 1941-1903 2Ha 1941-1951 2H« 1941-1951 1945-1954 M&S Cleveland Heights 8 D— 6s 1941-1959— A&O 6 0.60 Columbus— 6s 1942-1957 M&S 6 0 4 Ha 1942-1953 F&A 6 0, 4 Ha 1941-1955 s-e F&A 6 0 2 Ha 1942-1959 .F&A 6 0, Columbus School Dist— 5s 1943-1952 J&D 19 6 0.75 to 1.70 to 2.10 to 1.85 6 1.20 less H less AHa 1941-1959 H to 1.00 4* Jan 1 1945 % A A&O 6 0. 4Ha 1941-1943 A&O A&O 1.25 4s Oct 1 2 Ha to 2.10 M&N 6 0.20 to 2.00 6 0.75 Bast Cleveland— . to 2.20 to 1.25 4Hs Water 1942-1960-M&S 6 1.00 School Diat— 6 0.70 4a 1941-1945-1950 to 2.00 to 2.05 1.75 „ 4Hsgen impl941-43..A&0 6 0.50 to 1.00 1941-1952...M&S'6 0.50 to 2.20 5s W W 1941-1940 J&J 6 0.25 to 1.60 Hamilton County— Cambria Co 4Hs Nov 1 *41-*45 6 0.75 Del River Jt Comm Bridge Phlla-Oamden— 4 Hs Sept 1 1967 opt'43. 112 M&S 6 0.65 F&A 6 1.00 to 1.50 Lakewood— 4Ha Oct 1945... A&O 5s Pa k & Imp 1941-AAO Lima 5Hs Sewer 1941-1947. 6 0.50 to 1.90 5s Sewer Feb 1 '^-'Sl-F&A 6 0.50 to 2.30 Lucas Co 4s C H 1944. ..M&S Mahoning Val San Dist— 4Hswater 1941-1952..A&O 6 0.50 to 2.10 Martin's Fy 5s 1941- 44.M&S 6 0.50 to 1.10 Miami Conservancy Dist— 5Hs 1941-1945 J&D 6 0.25 to 1.00 % 5Hs 1946-1949 J&D 6 1.20 to 1.50 Montgomery County— i 5s Flood Emerg '4l-'42 J&D 6 0.50 to 0.75 Portsmouth City S D— I 4Hs 1942-1950 J&J ,6 1.00 to 2.40 Springfield— I 434s 1942-1949 M&S 6 0.25 to 1.40 4s 1942-1955 M&S 6 0.25 to 1.85 „ Toledo— 5s W W 1941-1944 F&A 6 0.50 6s Pub Wharf I960—M&S 5* Sewer 1949 M&S to 1.25 AHa 1941-1954 .M&S15 6 0.50 4Hs 1942-1953 M&S 6 0.50 4Ha Nov 1 1941-1953 ,6 0.50 48 Park July 1 1942...J&JI to 2.30 — Toledo School Dist— to 2.60 to 2.50 to 2.70 Youngstown— A&O 4Hs 1941-1957 A&O 6 0.50 Youngstown School Dist— <iS 4Hs 1944-1947 M&S 6 1.25 to 1.80 5s 1941-1944 M&S Zanesville 8 D 5a *41-'43.A&0 6 0.50 to Too OKLAHOMA 2s June 30. 1949-1954 Muskogee— 4Ha Aviation 1942-53..J&J Oklahoma City— 6a Water 1942-1947—M&S 8 D AH* 1942-1953 J&J / Flat price. 0.40 0.40 to 1.35 1.30 to 1.50 to 1.60 0.45 to 0.50 0.50 1.35 I Ha 1 Ha to 2.25 to 2.25 to 1.75 1943-1952 M&S 1942-1948 M&N 1 Hs 1942-1951. M&N AJken Co 4Ha 1942-1945.F&A \nderson County— 4Vi Highway 1942-43-F&A Charleston 4H» Jan 1942.J&J 1.80 to 1.70 4a Nov 1 103 H 110 1906 117 H 103 H 111 H 121H J&J J&J J&J 1946 4s Feb 16 1955 119 116 123 H 132 to to 2.00 1.60 1.80 6 0.75 % "1.00 to 1.95 to 99 H to 1.60 to 1.80 to 1.60 to 1.55 4Hs 1941-1955 J&J 4Hi Highw 1942-1945-F&A Greater Greenville Sewer Diat 4Ha 1967 ..M&N ... L75 1.00 to 2.40 1.00 to 1.65 0.75 2.10 Highway 1942-1946-F&A to 2.90 to 2.80 0.75 to 1.85 % 1.00 to J&J J&J 1.50 to 2.75 1.50 to 2.75 M&S 0.75 to 1.75 J&J 0.75 to 2.25 J&J 0.75 to 2.15 Sp artan burg— 4Ha Water 5s Nov 1 1942-1965.J&J 1943 103 104 Sumter County— 5s 1942-1952 104 3.00 . 2Ha 1946-1962.. 2 Ha 1946-1963... Spartanburg County— 4 Ha 1942-1947 J&J York 4s July 20 1972 2Hi Jan 1 1946-1960..J&J Philadelphia School Dist— AHa 1941-1943 J&J 4Hi 1941-1959 „M&N 4Hs Apr 15 1942-58-A&Ol5 4s 1941-1942. J&J 4s 1941-1956 J&D Operating Revenue— lHsApr&Oct 1941 Pittsburgh— 4Hs 1941-1950 J&D 2H« Sch Dist 1941-62-A&O 2 Hi July 1 1941-1950--J&J 2 Hi Feb 1 1942-1958-F&a 1 Hs 1942-1961 Public Works Relief— M&N . 114H > » » } > County— AHa 1942-1950 0.75 0.75 0.50 0.75 to 1.10 0.75 to to 2.15 to 2.20 SOUTH DAKOTA to 1.00 2.15 100 H 6s Sept 1941 M&S 6 0.40 less 5Hs Jan 15 1943 J&J15 6 1.00 less 4Hs Rural Credit 1942 J&J 6 0.50 less 4Hs Rural Credit— 0.50 0.50 0.50 to iio to 1.75 to 1.40 3 0.50 to 3a Feb 1 1947... —F&A s 1.40 3s Refdg 1950-1959 F&A 6 1.90 Refunding series AA— 4Hs to Aug 1 1941. 3% 6 0.20 bue May 1 1943-*50—M&N 6 1.10 Ref 4s Aug 1 *43-*49...F&A 6 1.00 1.50 to 99 1.70 . to 1.75 School District— 3s 1944-1964 F&A 6 1.10 to 2.00 2Hi 1941-1963 J&D 6 0.75 to F&A 6 1.05 thereafter 1950-59.-F&A 6 1.90 County— „ 4-4 Ha Jackson 1942-1958 County— Ref4Ha Sept 1 1954 opt Perkins Co refunding 3-4s Stanley Co 15 year 3H» .. H H H to 1.90 to 1.80 to 1.50 iess 1 to 2.15 to 2.20 Corson . 1.90 Hs 1943 to 1946 - _ 4H% 1953 J&D 6 2.00 Refunding and Funding— 6 0.50 2s Feb 1 1942-1961 I 3.00 . 1941-1959—.J&D 5s to 2.90 % 0.75 2Ha sewer 1949-1958.J&D Kershaw County— sewer 1%00 to 2.90 ireenvllle 5s 8t 1942.....J&J 3a 126H 118 0.60 0.60 0.75 3 Hs water ref 1942-70 M&N 6 0.75 ireenvllle County— 1 to 3.00 0.50 0.70 3 Ha Wat W.jrica '42-78A&0 6 Columbia 4Hs Water 1945J&J 1.20 1.60 % less 194.5-1954 1941-1950 . 113H 116H to 2.00 1.15 124 ... to 2.50 0.50 A&O F&A Philadelphia— J&J —J&J 0.50 to 2.35 Northampton Bor Munic Auth J&J .J&J 0.70 to to . 0.50 0.50 2.15 less 1 to 117 118 2.00 J&J to M&N 6 1.00 — 6s Bdge 1941-1941 Funding 1H% to 2H% fldue June 301941 to 1946 2Ha June 30. 1941-1948... to Mercer Co 5Hs *41 '47. .F&A 6 0.60 Norristown 8 D 4H» 1943. J A ' 6 1.00 125 125 to 2.85 2.25 2 Ha 1 Ha McKeeaport Sch Diat— *52.J&D *52. J&D J&J 1.50 to 3.10 to 2.85 1 1 4Hs May 1948 4 Hs Nov 1 1948 AHa 1976 opt 1940 4 Ha Dec 17 1978 4a July 1942 to 3.00 indebtedness— 3 Ha July 1 1980 opt 19563 Hs Jan 1 1942-1945—J&J I A&O 6 0.50 -A&O 6 0.50 of 1 -J&J to 3.10 1.65 1.10 1.10 1.10 J&D less 5s Jan 1951 5a June 1 1962 opt 5a June 1 1982 opt 1.10 1.10 J&D J&D less 1942-70-M&S 6 1.00 M&N % 0.75 1941-1953 less rev to 2.60 1.00 3 Ha 1941-1949 3a 1942-1952 1.25 Lower Merlon 2Hs Wat to 2.50 J&J 6 1.45 Inatftu'' 19U-1959 to 1.80 to 6 1.10 to 2.50 J&D 3Hs Ref 1941-55 opt 1950 Statu Highway Certificates 1.65 Highway 1952—J&D Flarrisburg— 6 0.35 4s May 15 1942-1953 Jeanette 4 Ha 1941-1956.M&S 6 0.75 Lackawanna Co 4a 1944-F&A 6 1.00 lHa 1941-1960—.M&N 6 0.65 Lancaster County-— 4 Ha 1941-1960 F&A 6 0.70 6 1.10 Lancaster 8 D 4s May 1945. 4s Jan 1 toj2.25 to £.20 to 6 2.25 Twp 4a 1945- 1.40 2.25 SOUTH CAROLINA (a 4 Ha 1942-1943 2.35 to 1.25 Fayette County— AHa 2.35 6*0.75 to 1.75 6 0.75 4 Ha Jan 1 1942-1940—. AHa . 2.50 Bethlehem 2Ha 1942-1960 4Hs 1941-1960 Erie School District— 1.40 2.00 to 2.50 to 2.50 .M&N J&D 4Hs June 1941-1957... J&D 5s Funded 1942-1959..A&O 48 Funding 1947 A&O 6 Ea8ton (Water W orks)— yria4Hs 4H» 1943... F&A—— 4Hs Sewer Oct 1 1941*47- b 0.40 to F&A 612.00 F&A b 0.75 A&O 6 0.75 3a 1946-1905 Woonsocket— 4 H4 funding 1941 0s Fund 1942-1901 4 Ha 1941-1907 4 Ha Funding 1944 4 Ha 1941-1907 to 2.00 to 1951-1959 2s May I 1942-1958 WPA School Loan— Allentown— AHa Sewer 1941-1959—J&D .A&O 6 *2.70 J&D 6 0.75 J&D 6 1.25 1944-1951 2 Hs 1942-1957 2s 1942-1961 to 1.90 2s1942-1971 1904 4s 1941-1950 103 2 Hi 1941-1968 J&D 2 Hs May 1 1942-1970--— to 1.80 2.25 2.50 2.50 to 1.95 to 2.00 3s to 2.05 Imp 1945—F&A 4Ha Bdge 1941-1951..M&S 6 0. M&S 6 0. Dayton School Dist— 5a Mar 16 1942-1946.M&810 6 0.75 4 Hs 1941 -1961 Oct 1 1954 H H H less to 2.05 5Hs W W Imp 1944..J&D i H 0.90 0.65 0.60 0.60 1.20 to 2.35 less less 0.85 to 1.00 2.35 less ... J&J to 6 0. to 2.50 6 0.80 1945 4s Altoona—- 4 Ha 1941-1944 0.75 6 0.90 April 1 1947 6 1.00 April 1 1950 4s April 1 1952.__. 6 1.05 ZHa Turnpike Revenue— 102 1947-1968 F&A tlegheny County— 4s April 1 4a 4Hs July 1941-1958 to 1.85 to 1.00 4s May 2 1957——M&N2 6 2.50 4a Water 1902 J&D 6 2.70 4s 1942-1958 M&S 2 H Apr 1 1942-1967—A&O to 1.90 to 2.00 H to 2.25 to 1.80 0.75 0.75 1.60 2.15 less to 2.40 Dayto 6 0.20 - J&J 6 0.50 6 0.70 1941, 1944. 1949 to 2.75 to 1.00 Providence— July 1 1951 Series O—J&J AHa 1942-1962. Cuyahoga County— 4Hs 1941-1959. AHa 1941-1956 - to 2.15 1.00 J&D 6 0.75 .J&J 6 1.65 A&O 6"2.50 4Hi 9'wer 1952 to 2.10 2.75 J&J b 2.65 J&D 6 2.65 M&N 6 2.65 4 Ha 1950 AHa Grad 4Hs Fire Dep '42-'65—A&O 1.00 1.90 to 0.50 3Hs g High sch 1954.J&D 2Hs Water wks *42-*71 M&S Pawtucket— to 2.80 to 2.30 1.00 5Hs June 1 1942-1953 4 Hs May 1942 M&N 4a May 15 1948 M&N PENNSYLVANIA b 0 75 J&D 1942-1971 1.60 2.00 Newport— to 1.50 98 Refunding 3 Hi 1965—J&J to 0.65 M&S 6 1.85 _J&D 6 2.20 F&A b 2.15 4s 1942-1966 J&J 4Hs Mar 15 *42- 73-M&S15 5s 1942 A&O to 2.30 Port of Astoria— to 1.80 J&D b 0 60 Oros'41-*54-A&0 b 0, 75 b 0, 75 5 Ha 1941-1970 5s W W 1941-1908 6 Basis. to 2.95 6 1.50 Cleveland— L. to 2.20 1.00 4Hs Ref Water *41-'53.J&J 6 0.50 J&J 6 0.50 3s Ref imp 1941-1947. J&D 6 0.50 to 1.70 2Hs Sept 1 1941 to 1950.. b 0, 2 Ha Sept 1 1941 to 1970— b 0. 2s Sept 1 1941-1903—M&S b 0. 1 Ha Wat. wks. *41-79 M&S b 0, Cine Southern Ry— Refund'g 1 Ha July 15 '59 5s W W 0.65 2 Ha 1941-1965 5a Harb Dev 1941-50-M&N 6 0.50 4 Ha Dock 1943 M&N 6 1.10 4 Ha 1942-1900 M&N 6 0.50 to 1.50 2a M&N % H 6 2.00 4s July 15 1941-1945. J&J15 Cincinnati— 3H« Sept 1 1941-1902 less to 2.40 „ Portland— 5Hs Imp Feb '46-"51__F&A b 1 5s July 11965— J&J 4 Ha July 1943 J&J 4H« Sewer 1955......A&O 4s 1941-1956 M&S b 0, to 2.25 1.00 1.10 „ OREGON „ - - to 1.40 F&A Scranton (taboo! District—• 4 Hs 1942-1956 J&J to 2.40 b L, Net wf&teL1942-48--11*11 F&A b 0.40 1942-1947 to 2.00 b 1. Ask F&A to 2.10 ST Ashland 5h» Scranton 4Hs 1941 5s 1941-1950 to 2.40 4s Water Works 1942.A&O Allen Co 5 Ha 1942-1950.A&O 4*8 1941-1950-.----A&O Bid Reading 5a Impt 1943-49.J&J b 1.00 Schuylkill County— 1941-1955. J&J 1.00 Tulsa— OHIO To or Net to 1.30 b 1.75 5H8 July 1940 F&A b 1.60 5Hs Wat & Pk *42-*49.F&A b 0.40 Forks— 4s Sewage Bonds Oklahoma County— Highway 4 Hs 1941-*40 A&O Okmulgee 5s Mar 15 1943 Fargo 4s Aug 15 1911-1954— 6 3.00 Grand Yield Basis To or Net 96 100 98H 89 100 92 99 101 1575 Quotations for all securltle* are ail near aa possible for the closing day of the month preceding the date o'Issue Ask Net Dallas Co 4 Ms Apr TENNESSEE lMs Dec 1 1956 2s Dec 1 1956 6 2.00 2Kb Dec 1 1956 b 1.55 Dec 1 1950 1.50 2Mb 1947-1948 J&D 1.40 3s Sept 1 1946— 1.10 3 Ms Sept 1 1944 1.20 3 Ms Sept 1 1945 1.60 3 Ms i» w 1948.. —.—J&D 2.15 3.90s Sept 1 1955-1958. 0.45 4s 1941-1955. 0.45 4Ms 1941-1967. 1.20 4 Mi bridge 1944-1945 ^Ms 1.10 6s July 1 1943 > 1.85 6s April 15 1946-1947 Garter County— 100 Ref 4 Ms April 1 194 2-67. -- 1.85 1.45 2 Ms - Fort Worth— 5s 1951 1.35 1.25 5s 1.45 to 2.00 to 2.15 0.85 5s School J&J 3.30 4 0.35 to 6 2.15 to 2.65 2.10 2.40 1944-A&0 1942-1954—M&S 6 1.00 6 1.00 to 6 1.00 to 3.25 3.15 — — J&J J&J 2 Ms 50 98 Houston 8 D 5s Feb 1.75 -J&D 6 1.00 to 3.20 % 6 0.40 to 6 0.40 Jackson— 4 Ms Ref 1942-1948—J&J 6 0.75 Johnson City— 6 2.00 Ref 3 Ms 1942-1970- 2%85 2.10 2.00 6 0.50 to 2.00 to 6 1.25 to 3.60 1942-1965.M&N Sept 1941-1959 M&S 0.50 to 2.75 5s 0.50 to 3.50 County— 4 Ms Bridge May 1 '51 M&N 6 2.60 3.20 to 4a Funding" 1952-1%2-A&O 6 3.20 Electric System Revenue— 0.50 0.50 1.001 1.25 4s 6 3.00 to 3.50 % STATES—See pages 19 and 91 UTAH 0.50 Memphis 5s July 1954—J&J 6 2.50 0.50 5a River Term *42-'48.A&0 4Ms Water 1941-1962-J&J 6 0.50 2.60 2.25 to 2.50 Ref 1942-1945 4s Ref 1946-1965 Salt Lake City S D— to 1.10 0.30 to 1.00 4s 1.152 A&O A&O J&J A&O 6 2.00 2.60 2.40 4 Ms 1941-1955 4a 1941-1954 Gas Plant— 3 Ms 1941-1944 J&D M&3 6 0.50 to 2.40 6 0.50 to 2.40 4s May 1 1949 M&N 2Ms Refunding 1958--M&N J&D 6 0.50 to 1.25 J&D 1.25 to 1942-1949 J&D 6 0.75 1950-1969—..J&D 6il.90 to 2.00 3 Ms 2.108 M&N 6 1.20 M&N 6 99M Montgomery Co 5a Cumber land River Bdge 1953.F&A 6 2.60 to 1.20 Refunding 1942-1951 J&J b 0.25 Burlington— 4 Ms City Hall 1941-55. J&D b 0.25 2.30 % A&O 1942-1960..-M&S 6 5a Memorial Sq *42-'50 M&S 6 4Ms Hospital '42-*56-.J&J 6 4Ms 1941-1968 M&N 6 4 Ms 1941-1967 -J&J 6 4MB 1942-1948 M&S 6 1Mb 1942-1961 A&O 6 15 4s to 1.75 4s (School Debt)— 1942-1948 F&A 6 0.25 to 1.80 to 1.25 2.40 % 1.00 to 0.50 to 2.00 0.50 to 0.50 0.50 to 0.50 to 1.80 0.20J to 2.50 2.75 to 2.75 6 0.75 to 1.00 2.25 Robertson County— 4 Ms Road 1948 VIRGINIA l (Commonwealth) 1962 2 Ms Refunding 1947-'60—J&J lMs Refunding 1941-'46—J&J Albemarle Co 5s 1948 J&J b 1.80 less less M b 1.70 less 1 Alexandria— 3s 1941-1973—J15 & D 15 6 1.90 less 1 Arlington County— 5 Ms 1942-1954 F&A b 1.70 5 Ms School 1942-1953—J&J Charlottesville— 5s 1962 opt 1942 2.20 to 2.25 6 0.50 to 3.25 6 1.60 to , Washington County— 5% Fdg Jan 1 1954 J&J 6 3.30 White County— 5M% Highway 1955-M&8 6 3.10 3.60 3.10 2.90 less b 0.50 Jess M b 2.25 less 1 b 1.50 less 1 b 1.25 less 1 1.50 2.20 J&D 2 Ms 1953-1962 102 101M 15 6 1.00 to 3.00 1941-1943— r42-'58-M&S 1 1 1.70 J&D 2.10 less 2.30 5s 1941-1942 2.15 % 2.10 —. J&J J&J J&J 4 Ms 1942-1961 4MB 1941-1953 4 Ms 1954-1958 Beaumont— F&A 6 2.40 M&S M&S 6 1.00 to 3.00 b 3.00 to 1941-1951--J&D 6 0.75 to 2.65 1941-1946—J&J b 0.10 to J&J J&J b 0.85 b 0.10 to 1.45 5s to 2.40 2.70 5s 1942-1965 A&O 6 1.C0 to 3.00 4Mb 1941-1970 J&J 4s 1942 opt 1922 J&D 3 Ms 1942-1952. A&O 4s 1953-1977 A&O Brazas River Harbor Nav 5M« Irapt \or lo I9ftn-I965 Brazos River Conservation & 6 1.00 to 3.25 100 M 100 6 1.00 to 6 2.75 to 3.35 6 2 75 2.70 3.25 Reclamation District— 12 Ms 1942-1955 M&N Corpus Cbrtsrl As fd '67 F&A to 2.15 3.60 1947-52 A&O 10 2.00 to —M&N 0.50 to 2.40 3.60 M&N 0.50 to 2.60 Water 1948 Richmond— 4MB 1958 J&J 4 Ms July 1 1964 J&J 4Ms July 1 1941.... J&J 4Mb July 1 1965 J&J 2 Ms 1941-1953 J&J lMs Jan 1 1942-1960 Is 1942-1961 .J&J Roanoke— ' 2Mb Water 1942-1968.A&O 2Mb Jan 1 1942-1958--J&J q 1.00 3.75 4MB 1941-1956 Staunton 5s 1941-1958..M&8 Tazewell Co 5s 1942-46.-J&J Washington County— 6a school Dallas— 1942-1960 4MB 1942-1970 4Ms 1942-1945 M&N School 1941-1951—J&J 2Ms 1941-1957 J&J 0.50 to 1.25 0.50 0.50 to 2.00 to 2.25 2M« voted 1941-1958..F&A 0.50 to 2.25 4s / Flat price. 4Mb 1945-1954 4 Ms 1941-1943 4s 1942-1950 4s July 1948-1952 1942-1949 -J&J b 0.10 J&J b 1.20 1.00 to 0.50 1.25 to to 1.35 Road bonds— 4s 1942-1947*—. 1947-1966 , A&O b 0.20 A&O b 0.95 to to 1.00 1.55 J&J 1943-1952 J&J b 0.40 1, 1941-1946 M&S b 0.15 2Ms Sept 1. 1946-1960—M&S b 1.00 2Ms Nov 11941-1962— M&N b 0.15 2Ms May 1 1944-1962...M&S b 0.60 2s Road 1941-1963 J&D b 0.10 1Mb Road 1950-1951—J&D lMs Road 1944-1964 M&S 6 0.60 lMs 1942 1964. A&O 6 0.20 35 to 1.35 to 1.00 to 1.55 to 1.60 to 1.60 to 1.60 % 1 % 5 1.25 to 1.65 1.60 to I Charleston— J&D 2Mb J&D Charleston Housing Authority 2 Ms 1946-1954. -J&D 2 Ms 1941-1958 1958-1972 6 0.20 to 2.30 6 2.20 to % 2.50 % 6 1.25 to 2.70 J&J 6 0.15 to 2.20 6 0.20 to 2.50 6 0.15 to 6 0.20 to 1.35 % 6 0.15 to 2.10 % % Charleston School District— 5s 1941-1952 Clarksburg 5s 1941-1953.A&0 Huntington 5s 1944 Oct Morgan town 5s 1941-1548. J&J Ohio Co (Board of Educat)— 2Ms 1942-1974 opt '46. J&J Wheeling— 5s Wat Wks 1941-1952.J&J °75 1.75 % General improvement— 2Ms 1941-74 opt '45. J&J 6 0.20 to 1.35 % Toll Bridge 3s 1942-51-M&S 6 0.25 to 2.15 % 3s 1952-1955 opt 1944... 105M 106 WISCONSIN less to 2.20 J&J b 2.00 J&D b 2.10 6 2.25 3.25 WEST VIRGINIA 5s Highway Claire. 4Mb 1941-44.J&J 6 0.25 Green Bay— 4 Ms 1942-1947 A&O 6 0.25 6s W W 1941-1960—.M&N 6 0.50 less 4Mb 1941-1954 M&S 6 2.85 90 90 83 Eau 5 Ms 1951— 0.75 5s Water Works 1954 1.60 to 1.80 less to 2.50 to to 1.75 83 M&S M&S 3 Ms 1949-1955 Yakima— less 2.10 2.50 5% Port Ter rminal May *52. Petersburg 4 Ms 1952—A&O 6 0.75 6 0.50 J&J 6 0.50 - to 1.25 less to Portsmouth— Austin— Seawall 2 Ms less M&N 3s 1953-1962. 4MB 1941-1972 May 1952 5% Water h 5s 1959-65 opt less Norfolk— Abilene— Basis. 4Mb June 1 1957 1 Lynchburg— 4a Pub Impt 1942-1959.J&J b 1.40 less 1 Newport News— 4 M« 1942-1958 F&A b 2.00 less 1 TEXAS Amariilo4Ms 1 6 3.00 Henrico County— School 5s 1942-1950—J&J County— 5Ms Fdg 1942-1958— J&J Tipton County— 4Ms Road July 2 '41-'58J&J Smith less Bristol— 6 2.40 2.50 less b 1.50 4M% Jail 1942-1951—M&8 6 0.50 2.25 6 2 .75 1957—A&O 5s Aud Mkt H'se 1949.M&S 4s Courthouse 0.60 3s Sept b 0.75 M&S 5s Water "Impt 1958-..J&J Danville— 4Ms July 1 1941-1950--J&J Fairfax Co 4Mb 1945—F&A2 F&A 6 2.40 Shelby County— to 3Ms 4s 4.50 J&D Polk Co 5s 1941-1946 I 1.40 % 6 2.35 J&D Ms 1942-1945 2Mb 1946-1959 to 3 Ms 1951 and 1952 to 2.40 J&D 6 5.00 3 6 to 1 Ms 0.50 0.50 Electric Power Revenue— 6s 4Mb Water '41-'43 (s-a) J&J b 0.60 4Mb EIL&P *42-'46(s-a)J&J b 0.75 4Ms EIL&P '41-51 (s-a)A&O b 0.75 to Tacoma—Revenues— to 1.00 to 1 Rutland to99M 6a 1942..-- \ to 3s 1941-1949 1.50 Nashville— 5s March 1.75 to to 3s 1941-1952 Brattleboro— 0.75 1.00 2.40s 1958-1960 ^ Lake Wash Toll Bridge— ?25 0.40 —M&N 2Ms 1943 s VERMONT M&N 2Ms 1944-1957 2.80 Mar 1 1942 6 0.50 Spokane Water Revenue— 4M8-4Ms 1941 A&O 3 Ms 1952-1960 1.35 1.60 3Ms 1941-1948 J&D b 0.15 4M» Oct 1 1941-1949—A&O 6 0.20 M&N 1941 „ 2.40 0.50 0.75 0.50 5s Imp to 2.40 1st issue series A— 3 Ms to 0.50 5a Wat rev Memphis Housing Authority 3s 1942 to 1.00 _ Plant— Electric 6 0.70 b 1.00 4M8refwat 1941-1954--J&J 2.10 1945-1954 1.50 % 2.50 to 2.50 to 2.20 1.60 1.90 2.00 2.00 0.70 to 2.00 Salt Lake Co 4Ms Apr 1 1942 2.10s % % Washington Toll Bdge Auth— Tacoma Narrows Toll Bdge Salt Lake City— 1.80 to to 0.35 refunding 1942-1955 Ogden 4M% 1941-1945—F&A to 1.75 1.40 0.25 1 Ms Water 1949 4M» Bark 1959 4 Ms to 2.00 4s Water 1944-1946—J&J b 1.35 Walla Walla— b 0.50 1 2.75 2.80 Madison County— 4M% Highway *41-'49 J&D 1 _ UNITED to to 3M« Ref 1943-1954 —J&J b 4Mb 1942-1954 M&S & 5Ms 1942-1953 J&J 6 3.00 6 3.10 b 0.50 4Mb Park 1962 —J&J 6 4s & 4 Ms ref 1941-51— J&J b 1.00 1953-1964— to 2.10 1.00 to M&N 6 1.10 1946-1950 Spokane— to 2.80 4Msref Apr 1 b 0.60 6 0.60 2.10 Seattle School Dist No 1— 2.85 to 2.25 0.50 2.90 2.90 6 3.10 J&J 2.85 0.50 1942—J&J Wichita County— Wat Impt Dist No. 3.30 3.40 6 3.10 J&J to 4Mb Water 1941-1968-J&J 5s Water Works Knoxville— 6 3.40 General Obligation 4 Ms General Obligation 4M«— 6 3.50 General Obligation 5a—— 6 3.60 l/o 1.00 Waco— 2.40 to 1.75 _ 2.60 1.25 1942-1967 4M» 1941-1968 3s July 1 1941-1951 4 Ms Knox Funding 5Ms Sept 1950.- to 1943— J&J F&A J&J 5s St Impt Dist No 2 2.40 to 3.25 _ 5Ms W W b 0.50 b 0.50 4M Lt & Pr 1941-58—M&N 6 0.75 to 2.90 % Emergency Funding opt '44 1.50 4Ms 1942-1959 opt--M&S General obligations— to 2.60 % 4 M« 1942-1955 -'A&O 6 0.50 4Mb 1942-1957 A&O b 0.50 to 2.60 % Munic Lt & Power Rev— 2.00 4Ms 1949-68opt *43-A&O -----4s 1941-1953-——M&N b 0.75 to 2.60 % to 2.60 % 3Ms 1943-1953 A&O 6 1.25 3 Ms 1942-1954 A&O b 1.00 to 2.60 % San Antonio— 1.75 % to 2.65 % 5 Ms L & P 1942-1943-M&N 5s Light & Pow 1942-56A&0 to 2.10 6 1.50 \rthur— 1942-1970 5s % % b 0.50 J&J b 0.50 4Mb Jan 1942-1955 to 1.60 F&A Port 3.00 z° to 4.00 Seattle— to 2.25 Palestine 5s Sch Aug 1 County— to 3.50 to 3.80 M&S 6 0.50 1941-1955. 5s to 2.30 6 0.50 1944, 1949. 1954, 1959,1964 b 2.00 Port of Seattle— to 2.15 6 2.25 1952 1941 1951 4 Ms 3.50 % 1 1.45 M&N 6 3.80 1964-1970- i 4M» 1942-19471942-1955lMs 1942-1955 1.25 to 1 6 3.75 1941-1958 to 2.25 to to M&N 6 3.50 1956-1964 Ms 4Mb Gen oblig wat_ 1941-59 Water revenue bonds— 4s 1946-54 optional 1946 2s 1941-1945 2 Ms Water re? 1941-1942— King County— 4M» Bridge 1941-49-M&N 4Mb 1941-1950—-M&N Pierce County— 4Mb 1941-1944 2.65 54-A&O10 % to 1.35 Everett— to 2.50 A&O 6 3.15 4M% Refunding 1957.A&O 6 3.30 4Ms Feb 1 I960-6 2.00 5% Bridge 1944 3 M» 1941-1954 3 Ms 1955-1958 to 0.50 4Ms Sept 1941-1952—M&N 4Mb 1942-1957 J&J 6 0.50 6 0.50 4Ms Impt 1941-55(s-a)_J&J County— fof (1 4s 0.75 4Mb Apr Highway 1947—J&J 6 1.50 5% Co Memorial'41-'50 J&J 6 0.25 94 Dyer Co ref 3 M-4Ms 1965 o to 2.60 1.25 Houston— to 4 Ms W to 2.60 6 0.50 lu 42-56-A&O 10 lMs 1952-1961 J&D 6 1.50 2.60 2.50 3.15 1.50 2.70 Davidson County— 4M«. to 2.75 1.00 1.00 6 1.50 5Ms Road 1942- 3.30 3.30 2Mb 1941-1968 J&J b 2 July 1 1969 J&J b School 1956 -A&O 6 Memorial Aud '52M&N 6 5s Hospital 1954 M&8 6 Hamilton _ to 0.60 to 1.40 2.50 Refunding 6s 1953 M&N Cowlitz County (Elec Rev)— 3 Ms 1943-1956 M&N to 2.50 1.00 1941-43.-J&J 6 0.25 1948-1950 b 1.20 1950-1951 b 1.35 1951-1952 b 1.40 Clark County— Harris County-— 4 Ms 4 Ms > 2.25 1M% Gen oblig JM% Gen oblig Grimes County-— 101M Electric Power Revenue— Glbo A&O A&O , 5s 1942-1956 Chattanooga— Fayette County— 4 M« Road 1958 2.50 1.00 J&D 1942-1953 1954-1966 , to 1.70 to 3.25 . Galveston—5s Grade Raising to 1.05 2.50 1.00 ..—.-A&O 1941-1959-- 2 Ms 2 Ms 2.30 to 2.60 4Mb 1942-1971 J&A 4 Ms 1942-1964 *&A Ind Sch D 4s *42-'64.-F&A 3 Ms Nov 11941-1967-M&N 0.90 1.00 IM% Gen oblig i% Gen oblig 2.50 Net WASHINGTON 2.00 2.75 purch 1950—A&O 5s Impt Aug 1 1948—F&A 4 Ms 1942-1960 A&O To Ask Bid Bonds Nst Ask 10 1951— E15s,W> W 100 1.80 98 M 6 1.95 —- — - Bid Bonds or To or To or Bid Yield Basis Yield Basis Yield Basis Bonds 99 MUNICIPAL BONDS STATE AND June, 1941] less b 1.90 4Mb 1941-1949 less 100 to 1.20 1 1.30 1.20 less 1 less 1 b 1.10 less 1 to 0.80 Ms Ct H'se '41-'50 M&N 15 6 0.25 4Ms Sew Mar 12 1942-1945- 6 0.25 4Mscourth'se *41-49 J&D16 6 0.25 to 1.35 1941-1944 Milwaukee County— 4 Racine 4 Ms 1957 Racine County— 4 Ms 1941-1950 less less less 0.90 to J&J 6 0.25 4a less 1.50 1.80 J&D b 0.25 J&J 6 0.25 4Ms 1941-1945 b 1.75 1.40 1.20 to 2.00 Milwaukee— b 2.10 b 0.80 to Madison— less b 2.10 to to 0.90 to 1.25 .50 M&N 6 0.25 to 1.80 6 2.00 to 3.50 to 2.00 to 2.75 2.75 less 1.30 J&J b 1.80 WYOMING less 1 Albany County— Ref 3 Ms 1942-1954 J&J 6 0.50 Casperref 4Ms 1941-1964.J&J 6 0.50 Sheridan (Wat) 3Ms 1941-65 6 0.50 to Quotations are as near as 70 73 36 A&O Cum Income 2-6s July 1 1955— 39 65 / 12 11 Allien Owners Oorp— 101 J* 94 —J&J Ambassador Hotel (Los Ang)— Non-cum inc. 3-5a 1950—A&O f Arcade Bldg & Rlty (8eattle)— 1st leasehold 3-6s 1948-—J&J 35 5^s to 1940 -J&D Gildred Bldg Co (San Diego)— 1st s f 6s 1943 M&S 3234 4234 7 98 1st mtge 2-4s 1952 Granada Apt Bldg 6s 1938 4034 42X Apr 1958—f 4k 5k | 3 26" 23 Berkeley-Carteret 534s *46-M&Ni Blng & Bing deb 634® 1950 *&S 40 Income 7b 1950 vv-s M&8'/ Book Tower (Det) 2-5s '52-(w-s) Boston Insurance Exch Bldg— 1834 2034 22" 1st Lse cum inc (w s) 5s Apr.'53 Boston Metrop Building— 12 14 3034 4 18 33 30 J&J / Boston Postal Serv 534® *38-J&J / 6 / 1434 6234 24 1834 Graybar Bldg <K»st offices inc)— 1st m leaseh 5s 1946 J&D Greeley Sq Bldg 6s 1951 Feb Harrlmar* Blog 6f- 195). M&N Hearst-Brisbane Properties— 1st fee & l'hold 6s 1939-41 J&D 1st fee & l'hold 6s 1942 J&D Herald Square Building— 1st s f inc 334-6a May 1 1948Hollywood Knickerbocker (L A) 1st 6s 1951 F&A 38 3-4s Apr 39 13" 12 " 42 k 43 X / f f 5s 1958 M&N Gen income 5sNov 15 '83-J&D / 3734 42 - 36 Income 5s Oct 1 1943 "38" Repub Retail 23 X 3034 83 9934 Kramon Devel Co 1st fee & leasehold 3^s-4s 1952---M&N 2434 26 14 32 Lake Sh Ath Club (Chic) 634s '45 LaSalle Wacker Corp 5a fixed 1957 Non-cum inc 5s 1962 ~6" 5 60 2334 92 93 5234 30 53% 3234 36 ^ 40 19 6 2l" 38 26" 24 34 5 , 34 9034 1634 "x 92 17k — 26 28 64 71 72 434 1634 19 2234 5234 54" 90 92 534 inc 2-534 % June 1957- 16 San Fran Paramount Oorp— 5s. 1943 ——J&J Savoy-Plaza Corp— 83 1st 221 19 70 22 534 7 St Louis Post Office— 62 2X / f Units 101" 2 94 Bidg(Denv) 3-58*49-J&D Properties— Rittenhouse Plaza 234s Jan 1 1958 Robert Treat Hotel 'Newark)— 2-6s July 1 1956 An Mar / Roxy Theatre 1st 4s 1957.-M&S Russ Bldg. 'San Fran.)6s '51 F&A St Charles Hotel (Atl Cy) 634 s '45 / 50 1943- 27 6134 J&J Deb 5s series A 1959 M&S Income deb 6s ser B 1959.A&O / 32 80 76 26 58 X 5Xa 4th series f Quincy Station P O (Chicago)— 1st extended Inc 5m 1950—J&D Realty Assoc Sec Corp— 65 37 1947 Hotel Lexington units 4s '55-M&S Hotel Sherman, Inc— 1st 5s 1957 (w 8) Apr Hotel St George 4s 1950 A&O Hotel Syracuse Inc 3-6s 1955.M&S s Prudence Securities Corp— Income 534® ser A 1961—M&N 60 Keith Memorial Bldg 6s 30" cum 1634 ---- 47 77 / / / Lawrence Hotel (Erie, Pa.)— 6s Jan 1 1948 M&S Lefcourt Manhattan Building— 1st fee 5s 1948 J&D 47 Schulte Real Estate 6s 1935— 6s debenture 1951 On Sept / 40 42 39 Schuyler-Hudson 4s 1947 Sevilfa-Bllt Hotel 7 Xa *37 ctfs— / "834" 16" 8 1034 12" 13 15 Lefcourt State Bldg— Extend 1st 4-6 Xa 1948 90" Lenox Hotel Inc 5s 1950 F&A Lewis Morris Apts 1st 4-5s 1951Llncoln Bldg Corp— 47 85 2934 SOX 6 0 IX 47 X 50 94 95 2X / 9 X 58 Inc 5X8 w s 1963 lbx Loews 1934 103 34 76 23 20X 105 - 80 Broad St Inc 4s Nov 1 1956 80 John St extd 4-5a 1950 A&O 870 7th Ave 434® Jan 1 1957 Eppley Hotels 1st sf 3-5s 1951 J&J Equitable Office Bldg 6s 1952 Deb 5s Legended 1952 Exchange Building (Seattle)— 1st s f 3-5s July 1 1955 F&A Ferry Station P O (San Fran)— Ext income 3s 1952 J&D Film Center Bldg 4s 1949--A&O 5th Ave & 28th St Bldg 63*8 1945J&J / 5th Ave & 29th St Bldg 6s 1948—_ f 5th Ave & 55th St Bldg 4s '55 w-s .J&J / 50 B'way Bldg 3-6s 1946---M&S f 51 East 42d St 3s 1956-—An Mar f 51 Fifth Ave 4s 1943— A&O 52d & Madison Office Bldg— 1st Leasehold 3s Jan 1 1952— 32 35 2 56 50" 43 94 6s. 1941—M&N / 20 Lombardy (The) 6s 1942—M&N / 27 London Terrace Apts 3-4s*52 J&D /2934 Lord Bait Hotel g m 6Xa *45 A&O 80 Lord Nelson Hotel s f 4s "47-M&N W ithout sto ck ~2X 57 33 17 19" 2634 29 14 15 IX 2534 71X 1434 14 X 26 Stone & Webster 2 2634 1534 15X F&A F&A Mercantile Properties, Inc— Sec ®f 534® 1946 J&J Merchants Nat Prop 4-6s '58-J&D 21 24 1 2 5934 26 3634 2634 8X 19 5X 9134 106 86 21 14" 1 36 7X 17 1634 98 / / / 58 30 8 134 53 29 25 / 534 23 k 90 26 86 37 5X 27 2124-34 Bway Bldg 5 J*®—1943 ~5X 42 80 34 4k Van Swerlngen Co— 1334 3 Ctfs of indebt ser*25($l ,000 par) / Ctfs of indebt ser '28 (8900 par) / Van Swerlngen Corp 6s '35.M&N / 1534 4 434 22 3 25 67 48 4734 3034 4934 Varick St Sta P G (N Y) 6s 1941 / 101 Wabash-Monroe Bldg 6s 1953 J&J Wallbridge Operating Co (Buff)— Income 3-4s 1950 1034 Ann Feb 32 Waldorf Astoria - 1900 Rittenbouse Sa 'Phila)— 1st cum income 5Xa 1945-(w-s) 55% Wall & Beaver St Oorp— 1st 434s Nov 1 195ll 5834 47 49 J&J Warner Bros Hollywood Thea— 1st 6Xb 1941 M&N Washington Properties Inc 7s 1952 Westchester Bond & Mtge 534*-Westlnghouse Bldg 4s 194S.A&0 Woodbridge Bldg 5k® '41—A&O / 31 30 35 A&C Olympic Inc (The) Seattle— f 6s 1962 - s 38 79 M&N f 6s '51—M&N 81 56 57 58 . / This price includes accrued Interest, (Hotel)— 1954-—.M&S / Non-cum inc 5s 37 North Station Indus Bldg (Boat 1st 6s 1943 7 20 65 a m 30 46 - m 81 F&A series series series series series series series ■ 23 Tyler Bldg 6s (w-s) July 1 1953U S Realty & Impt 6s 1944 J&J Utilities Realty 6s 1958 10934 "2" 55 18 2480 Bway Bldg 2d mtge 3s 1944- 82 100 79 2d fee 3s 1946 Ann Dec 23 Lexington Ave 234-4s '50.F&A 29th St Towers Bldg 3s 1942 87" 173* 103 / / / 3s 1944— Bldg 5% ctfs Trinity Bldg 534s 1939... -J&D Trinity Court Bldg 4s 1946.M&fl 2 Park Ave Bldg 4-5s 1946-J&D 68 934 4134 9934 Trade Facilities 90 1534 34 B-I— B-K 02 CW-1 FI Q Q-l —N Y Towers 2-4s (w-s) 1960-M&S 5X8 5Xa 5X8 5X8 5X8 534® 5 Xa One Park Ave 2d Called for redemption, see page 110. / M&S conv 834 29 Textile Crafts Bldg 2d 10334 ^ 1st mtge 2-5s 1955— J&D N Y Majestic Corp 4s (w-«) 1956 N Y Postal Service Station— 1st m 14 1434 ooo 102 86 New Weston Annex 3-4s w-s 1945- 534* 1937 36 33 90 i—» / / Bldg 'Boston)— 6s '33.J&D Rlty (New Hav) 6s*40 A&O Income 3s w-s 1951 —Nov 10 East 40th Street Bldg 5s 1953Non-cum inc 6s 1958 J&D 1088 Park Av Corp 2«-5s'53 M&S Textile Bldg— 1st 4-5s (w s) 1958-M&N New York Title & Mtge— 66 10 12X X 5s 1947 Strauss-Manhat Taft 75 Metropolitan Playhouses— « Debenture mtge 5s 1945--F&AI 65 Montreal Apts Ltd 4s 1954—J&J r 54 Nat Hotel of Cuba 6s 1959-(w-s) f 5 Nat Press Bldg 3-5s 1950 86 J&J Adj mtge Inc Apr 15 434® 19502834 National Tower Bldg— 1st fee & l'hold 4-5s 1949-A&0 35 Neisner Bros Realty, Inc—• Conv s f deb 6s 1948—J&D 15 109 N Y Athletic Club— 23 3i" 3234 — Mtge cum inc 3-6 34® 1957M&N 1948-M&S f Marcy (The) 6s 1940 F&A/ Mark Hopkins Inc— 1st income 4-6s Feb 1 1952 1st 5s with stock 1950 9 134 —'— Theatre 57" Mayflower Hotel (D C)— 500 Fifth Avenue— 634st samped 4s 1949 J&D / 1500 Walnut Corp (Phila)— 1st 6s 1950 A&o f 1528 Walnut Corp 6s (w-s) 1951. / 49 42 Bldg 4s-5s 1947 Sixty-one Broadway Building— 1st s f 3X-5a (w s) 1950—M&N Income 3-3 Xa stpd 1955-M&N Speed Building 'Louisville, Ky) Income 6s 1945 M&N Stanley-Mark Strand 6X8 1941— Stanley Real Est 5X* '45—J&D State-Randolph Bldg 'Chicago)— 534s 1942 M&N Steuben Bldg (Chic) 6s 1943 M&S Stevens Hotel (Chicago)— Income 6s W-S 1956 Office Bldg Macrid Realty 3s Madison Inc (N Y O)— 1956 60 Park Place 7434 7134 Manhattan Towers 6s 25 Edgewater Beach Apts— Liq Tr inc 6s w-s '50 Ann Oct Edgewater Beach Hotel (Chicago) Cum inc deb ext 5%a '46—M&S 11 Park Place Corp 4s 1948 M&N 11 West 42d St (N Y C)— 4Ks-5s (stamped) '53 M&N Midland (w-s) ..Ann Oct / Shelburn Inc (Atlantic City)— 6s with stock 1959 45 — 61 & 20 unstpd 3-6s 24 5Xa ex-stock 1963 unstpd Stamped 50% paid w a Stamped 50% paid ex-stockLincoln Mtge Co (Newark)—. Cum inc (w-s) 5s 1948—A&O 50 Dorset Hotel 1st partic 2s 1957— Drake (Phba) 6s w-s 1959 f Eastern Ambassador Hotel units 1st —- 46 16 59 a M&N / 2d non-cum inc 4s 1959.M&N / Pierrepont Hotel 3-4s 1951--J&J Pitts Hotels Corp 1st 534® '48M&S / Mtge cum inc 5s May 1962___ / Conv cum inc deb 5s May 1967 / Voting tr ctfs for common Poll-New England Theatre— 8834 2834 / / Pennsylvania Bldg 6s 1939 Grant Bldg (Plttsb)— 234-5s 1957 (with stock)._J&D f 3s loan ctfs 1955 F&A 1st M leasehold s f 3-4s 1964. J&J Park Place Dodge Corp 5s 1952— / 31 63 k 12 Detroit Leland Hotel 5s Oct 1 '52 Domin Square Oorp 4s '59 J&J 1952 1754 M&S 634 15 Copley Square Trust 4%b '41 M&S Court & Remson Bldg Corp (Bklyn) 1st s f 334-5s 1940 Cromwell (Oliver; 6s 1939.M&N w-s M&S s 30 Bway Corp.— Park Crescent 6s (w-s) 1955 Park Lexington Co Inc— 7034 28 / (Chicago) 1st leasehold Inc 3-5«. 1955 M&S Congress Square Hotel 'Port Me) 1st sink fund 4 34s 1961 M&N 16 Park Row 4s / Corp 5a 1947-F&A Jagels & Bellis Realty 6s '48-M&S 45 lets f4-534® 1948(w-s)—A&O Columbus-Venetian-Stevens Bldg 1961 1st M 96 Hotel Taft Construction— 4s «•«» Paramount Hotel Drake Corp Inc 3-5s '53F&A Hotel Gibson Corp (Cine)— Broadway-Barclay Inc— 2nd income 32 Governor Clinton Co Inc (N Y O) 17 50 5h» 1935J&D / Ben) Franklin 6s ctfs 1933——— / Colonade 2534 1 5834 Orpheum Theatre & Realty— 1st extended 4s 1953 M&S Palace Hotel (San Fr) 5s '45.F&A / Pantages 'Alex) 6s to 1947.M&N 93 „ 60 80 1st, 2s 1956 An June Bway Mot Bldg 4-6s 1948—F&A Bway-8prlng Arcade Bldg— Non-cum 4-5s April 1 '57-J&D Bway & 38th St 7s 1945 J&J Bway & 41st 8t Bldg334-5s 1944. Bklyn Fox Corp inc 3s Oct 1 1957 Bryant Park Building— 2-434s extended to 1955 J&J Bush Term Bldg—See Industrials Butler-Hall 434-58 1947-Q Mar 25 Cent Manhattan Props 5s'46M&8 Central Zone Prop 6s w-s'53 F&A Chain Store Depot 6s 1940--M&8 Ohanin Building— 1st Leasehold inc 4s 1945.M&S 2d Leasehold inc 2s 1945-M&S 3d Leasehold inc Is 1945.M&S Chesebrough Bldg 6s 1948--A&O CbicHerald & Exam 634s '50 M«XzH Circle Theatre extd 6s 1946.M&S Oleve Term Bldg 1st 6s 1941.J&J Cleveland Theatre gen 5s 1944 — _ (Ludwig)— 1950 ~7" 6 1944 J* J Garrett Buildings (Chicago)— 1st 5s (Brooklyn) 1947—F&A 1st 5-6s (Long Isld) 1951-A&O Boston Parcel Post 3s Oct 1945— 2434 4234 A&O / 40 41 34 100 ext 3-5s 19 „ J&D Bellevue-Stratford iPhlla)— 1334 Academy of Musi — 1st leasehold 634s to 1941.M&S Fuller Bldg (G A F Realty Corp) 1st 2 X -4s (w-s) 1949 J&J stk) -F&A Bait Parcel Post 634» 1949 . Barker Bros Bldg (LA) 6s'47 14" 13 Ask 74 165 Broadway Bldg— Sec s f ctfs 4Jis (w s) 1958 General s f 2d 3s Aug 1958 F&A / Ore Paramount Oorp 4s '57-M&S 35 lk 1234 '42-J&J Bid 117-14 Union Turnpike (Kew Gardens, N Y) 5s 1953—-F&A / 25 48 St Real'n Corp l-4s_.Mar 1952 1400 B-way Bldg 4-5s 1948-J&J Bonds. 103 East 57th St Bldg 6s *41 M&N f 103rd & West End Ave— Income 5s June 1 1942 J&D / 110 So Penn Ave (Atl City)— 6s 1944 (w-s) J&D Fox New Baker Hotel 'Dallas)— Beacon Hotel inc 2-4s 40 Exch Place 5 Xa 1956 M&S. 40 Wall St Bldg 1st 6s 1958.M&N / Non-cum inc deb 5s w s 1966— 42 Broadway Bldg 6s 1939 J&J 28 Adj non-cum inc 6s 1957-M&S Realty Bldg < Los-Angeles) income 5s 1948 (w-s) J&J / Bauman 105 Fourth & Market Rlty 6s Fox Det Theatre 6s 1942 Assoc f 5s 1950 (with Ask 6s Arcady-Wilshire Co (Los Ang)— Non-cum inc 5s June 11949J&J Arrowhead Lake 7s 1944-47-J&D Assoc Chain Store Realty— 1st mtge coll 5 Bis 1957—J&J Cum Income 6s 1957—-A&O s Bid 103 1410 B'way Bldg 3«s 1941-A&O —J&J 1st Income 5a 1958 Debenture 4s 1963 preceding the date of issue Bonds. Ask 65 Pa) 1st extd 5s 1945 A&O Albany Metropolitan 534-6® 1949Alden (Hoiel) lst3-5s 1957--F&A Alexander Hotel (Md)4s '42 Allerton New York Ocrp— possible for the closing day of the month Forest Lawn 1st M 5s *64---F&A Bid SOQQI. Abraham Lincoln Hotel (Reading, 1st ESTATE BONDS REAL 100 n Nominal, i k Last sale, r Canadian price. 434 18 534 24 5 27 1234 434 1934 97 6534 67 12 .... 30 33 18 1934 Banks & Trust Companies NATIONAL BANK STATEMENTS STATE AND given per share, not per cent, except Quotations in this department are as near as possible for the closing day of the for stocks of Canadian Institutions, and are month preceding date of issue, though often are nominal. An asterisk (*) denotes sales. ^Figures ions they the"Clearing call; for all other instiFor are required. of deposits, capital and profits for the National banks are from the Comptroller's last are the latest obtainable, direct returns being"procured by us where no periodic statements ft. House banks of New York, deposits are taken from the latest weekly statement. National Banks Surplus 113,657 500,000 al.606,000 1.258.643 5,000,000 3,300,000 1.691.628 Common Preferred Ask Bid — 43,453,092 79.421,538 125 125 244,750 145,000 Sacramento— ■ d 25 20 i Montgomery- 317,145 984,305 85,314 300,000 1.000.000 100.000 First Nat Bank Union Bk & Tr Co.. 175,000 re cent sa les 1.357,660 100 100 4,689.388 50 30,984,813 (010 158.898 1,000,000 750,000 Common 64 62 10 7M 16M 16 16 20 10 6,726,269 22,082,855 3,605,966 o 100 162,861 52.067 j 1,013,342 100 —— Diego— Preferred San Diego Tr A 8 Bk Common Alabama Nat Bank. 2,174,383 6.422.677 N 100 First Nat T & S Bk— 25 4,123,211 30,580.569 29.926,849 100 San Bernardino— American Nat Bank. d 340,998 375.000 1.000.000 61,850,193 1.000.000 1,784,409 £ share. Per 1,815,040 36,874,113 28 Sa Mobile-—■ Amor Nat Bk & Tr Co First Nat Bank Merchants Nat Bk.. $ $ $ 210,133 125,000 £ 941,250 2,068,895 199.978 50.000 k Merchants Nat Bank d Sumitomo Bk of Cal. k 26 y* Ask Bid Par Deposits Nom inal. Bank of Alex Brown- {a° Dec. 31 Gross Surplus A Profits Citizens Bk of Sacra. 50 2,468,782 Capital Capital Nat Bank Tr A 8av Preferred First National Bk— Par Institutions State CALIFORNIA Gross Deposits Nam inal. Per share. 100,000 i Trt*. Common April 4 $ BirminghamBirm'ham National Banks April 4 & Profits Capital Bank for Sa vs. A State Institutions ALABAMA April 4 VP* 22 i 25 19 24 M ~25X 35 14,631,529 (25 12,193,705 4,131,935 100 '95 100 125 dl5,900,000 10,323,973 196,341,967 6,800.000 7,996,400 149,289,322 20 250.000 1 £ 779,594 480,000 316,312 600.000 76,263 300,000 Preferred 125 1 Security Tr A Sav Bk United States Nat Bk d 1 San Francisco— Anglo California Selma— Selma National Bank Selma Tr A Say Bank d 2.844,877 2,186,308 2,085,899 1,481,741 232,984 69,819 219,802 124,071 400,000 120,000 200.000 340.000 City National Bank. People's Bk & Tr Co d 100 102 90 25 National Bank... Bank of Calif, N A.. Bank of Amer Nat Tr 100 100 60,800,000 500,000 1,000,000 Canadian Bk of Com 1,300,000 Crocker First Nat Bk 6,000,000 The San Fran Bank. 3.200,000 Pacific Nat Bank dl.OOO.OOO Wells Fargo Bank A Union Trust Co 9,000,000 Yokohama Specie f 1.360.000 A Savs Assoc 93,071,303 1609892,876 12M Bank of Canton State Institutions ARIZONA April 4 April 4 Nom inal. Per Bisbee— Miners & Merch Bk. 250.000 550.000 247,500 912,009 share. 100 3.855,817 207,962 £ Bank of Montreal— National Banks £ Preferred 215 993 19,996,349 t 20 4,528,784 t 25 o cent 1.178.000 J 1,594,027 46.694.432 les {1^ San Jose— First National Bank. Santa Ana— Commercial Nat Bk. d First Son Arizona Bk & Tr 11,670,011 100 576.000 424.000 Stockton— First National Bank- April 4 Per 270.000 500,000 500,000 80,659 694,494 609.122 2,756,096 8,697,889 11,102,773 300,000 200,000 Merchants Nat Bank Peoples Nat'l Bank.. 763,229 178,847 47,895 300,000 185,500 W B Worthen Co... J 492.509 20,611,192 651.000 Preferred Pine BluffNat Bk of Commerce d Bank. 521,932 24,064,246 111,027 1,015,415 100.000 500.000 25 N o re cent sa les , J 50 Nom inal. 1C0,000 1 50,000 300,000 300,000 177,551 2,875,303 393,866 419,208 5,703,412 12,024,257 500.000 350,000 747,478 101,106 10,235,502 5,737,114 1.500.000 11,477,000 200.000 Preferred 140,000 50 'MM Colorado State Bank 1,260.000 2,073,758 Denver Nat Bank... 1,500.000 3,807,616 First National Bank. 56,574 100.000 National City Bank. d 36,768 d pan one Union National Bk 1,100,000 2,329,207 Q S National Bank.. 2,428,700 oOW.OO International Tr Co . 43,101,563 Colorado Nat Common Dee. 31 3,418,282 Uhare. N'o 100 50 re sa cent les California Bank— Preferred J4.31S.254 133,049,086 125 23 H 24 140 Citizens Nat Trust & Savings Bank Mer Nat Secur-First Nat Bk— Farmers & 5,513,787 133,052,825 5,461,582 150,954,321 5,000,000 3,000.000 615,141,486 24,000,000 7,000,000 Union Bank A Trust. 2,500,000 £3.227,265 41,072,741 Common.. J33617825 Preferred 20 100 e Farmers A Mer Sav. pfliiA dfan n 108,162 337 350 k 2,000.000 £3,055,859 300,000 £ 305,436 5,184,553 2AM 372 44% 25 395 45 M 96~" 100"" Bk— Tr d 25 PuebloFirst National Bank Minnequa Bank Pueblo Sav A Tr 100 Preferred 703,648 6,506,673 Common... 100 650,000 350,000 150,000 300.000 990,874 15,625,832 (25 Preferred Pasadena-First N Bk d Union Nat Bank....1 84,585 279,322 i 2,973.62l| 4,281,620 125 20 jon 100 » Sale 100 N o [100 106 1,760,387 158,612 23,246,958 2,241,670 100 116,737 4,972,601 LOO re cent 60 100 sa ioo 100 100 100 100 price. Transamerica Corp. of San Francisco. Calif. pref. of $20 par share, and $700,000 of 2d pref. stock of $50 par. Outstanding preferred stock consists of $906,000 1st retirable at $50 31, 1941. d Common and J28 50 100 188,000 J value and First Tr A Sav Bk— 60<>.00 30.006 Co Common b March 300.000 100 2,100 ,000 39,759 ,381 72,38/ ,254 1,731 ,939 1,078 ,177 29,749 ,973 20,957 ,751 100,000'I a - Citizens Ooml Tr A S Bank ......— t Controlled by the 50 47,856,360 13,394,418 100 .100 . Oakland— Bank of Commerce.. Central Bank share 20 Denver— State Institutions 220,574 Per 50,000 1,843,701 Exchange Nat BankFirst National Bank. 10ft 19,731,796 April 4 152,086 Common 100 922,053 Institutions State COLORADO Colorado Spgs.— Colorado Sav Bank.. Colorado Spgz Nat B 20 2,770,326 k 110 les 14,534,120 k Set [Page cent 25 Per 5,000,000 800.000 1100 100 CANADA o Nom\inal. Common (100 100 April 4 20 Long Beach— 1,000,000 Western Tr A Sav Bk d 225,000 Los Angeles- 9.806,559 j 179.956 100 25 120 CALIFORNIA Farm & Merch Bank 100 1,969.038 12M 153,096 100 Central Sav Bk A April 4 31% 51)4 2 946,598 share. American Nat National Banks 11,132,112 29% 4S% 185,077 Preferred class A.. Simmons Nat |20 25 14,610.526 5,724,693 1,593,615 100.000 i Twin City Bank Union Nat Bank— Common. 332,403,214 891,824 375.000 £ National Banks Little Book— Commercial Nat'l Bk 295 5,446,135 11,687,102 Nom inal. d 280 April 4 Fort Smith— City National Bank. First National Bank. 100 P 563,901 200.000 1.000,000 £1,045,102 Union Safe Dep Bk State Institutions ARKANSAS 38** Bk— National Stockton SAL Bank National Banks J£10932279 134.000 i Preferred 569,356 36 ys 100 £8.886,795 314,832,254 5,141,944 471.900 600,000 Common Tucson— 250.000 7V$ 107 100 ~212~~ 216" 5,795,728 171 174 100 16,551,673 £ 260 300 176,558,247 100 8,609,244 9,728,454 177,147.118 1000 10.300 65 369,630 10,806,740 100 7.500,000 7.500.000 Common 600.000 7,054,359 152,764 311,647 527,002 7M 104 American Tr Co— Phoenix— First Nat Bk of Ariz. Phoenix Sav Bk A Tr ▼alley Nat Bank Common..... Preferred 80 a " c preferred stock outstanding. Savings deposits. / June 29, 1940. Quotations for the San Diego First National Co., which controls 97% of the stock of the First National Trust A Savings Ban^ >f *an Dleuro. Calif, i Dec. 31, 1940. £ April 4, 1941. / Last sale price a n New stock* v Par value 100 yen. BANKS 102 AND TRUST COMPANIES National Banks Surplus Capital Gross Surplus & Profits Capital Par Deposits Bid State Institutions FLORIDA April 4 April 4 cfc Qross Profits Deposits Par Bid Ask Ask Nomi nal. Nomi nal. Per share. BridgeportFirst Nat Bk & Tr Oo 600,000 396,285 1.400.000 120,000 195,000 2,200,000 /l,426,900 Preferred Slack Rock Bk A Tr. Brldget^t City Tr Co 33,301,920 4M 5* . b 2,600,000 32.890,484 4 25 734 26,000 122,500 25,000 Common, let preferred.,. 2nd preferred..„ West Side Bank— 61,272 25 100 285,262 2,510.035 / 25 Beach First National Bank... OrlandoFirst National Bank 40 45 Florida Bank Palm Beach 24 1 First National Bank. 26 1100 Glastonbury Bk & Tr Hartford Nat Bk A T Industrial Bank Phoenix St Bk A Tr. Hartford Tr Oo Hartford-Conn Tr Co Park Street Tr Oo Riverside Trust Co.. Slmsbury Bk & Tr Oo s 244,171 4,723,695 1,235,177 9,243,273 1,107,284 21,209,082 192,602 1,997,506 4,537,869 108,141,457 202,001 240,280 2,276,587 59,781,109 168,955 2,571,930 4,334,826 65,259,315 246,911 4,469,800 189.673 4,091,094 117,904 2,342,989 25 30 100 50 10 25 100 25 29 480 60,000 60,000 500,000 200,000 100,000 Common...... Tra 7elers Bk A Tr Oo West Hartford Tr Oo Windsor Trust Oo , 78,020 1,430,219 120 11,944,919 5,164,943 2,086,955 500,000 160,000 100.000 146,000 418,724 7,237,214 2,150,254 a ao 197,500 83,985 115,038 60,457 1,028,399 29,116,537 100 160 160,000 100.000 503,274 346,388 7,727,166 7,120,502 20 35 40 100 200 250 97,410 518,903 None 15,202,999 130 160 130 100 44 7,308,030 4,299,207 s 1,838,802 2,679,329 100 100 s 259,861 234,650 11,366,619 8,488,000 100 c 45,036 100 s 708,193 1,257,357 189,601 1,105,344 20,936,653 22,272,191 2,146,824 94,612 2.978,375 100 200.000 343,577 9,698,758 125 100 23,868 58,909 110 100 496,338 153,531 70 27 M 2934 280 45 13 26 37 J 25 100 200,000 400,000 300,000 Petersburg 73" 67 25 100 St. Petersburg— Florida Nat Bank 25 25 1 s First Nat Bank In St 60 25 100,000 200,000 20 'l6~" Tampa— Broadway Nat Bank Exchange Nat Bank- 100,000 1,250,000 First National Bank. al ,000,000 First Sav A Tr no 500.000 West Palm 6100 0 Union Trust Co Beach Fla Bank A Trust Co West Palm Beacb At¬ 100 1/100 100 180 25 54 25 20* lantic Nat Bank. . . 100 25 100 100 100 ~~ d Mariden— Home National Bank Merlden Nat Bank.. Mariden Tr & 8 D Oo Puritan Bk A; Tr Oo. New Haven— Amer Bank & Tr Oo. lb,962,470 5,022,845 s 100.000 Exchange Bk St Aug St Augustine Nat Bk 1100 903,616 308,683 141,879 187,686 100,000 400.000 100,000 400.000 200.000 Olt A People's Nat Bk St. Augustine— 80 End Bk & Tr CoPreferred share. 100 100 100 25 100 Pensacoia— American Nat Bank. 300,000 160,000 1.160.000 100.000 4,000.000 100,000 1,600,000 100,000 4,000,000 100,000 260,000 125,000 Per 4,020,529 51,680,447 Miami Hartford— Capitol Nat Bk A Tr Conn River Bkg Oo First National Bank. 155,840 1,212,698 200,000 si ,332,349 1 Little River Bk A Tr 30 100 165,000 94,000 .... Preferred 2,255.023 Florida Nat Bk A Tr 45 28 s s 300.000 First Trust Oo k42"" North End Bk & Tr East 9 200,000 1.200.000 First National Bank. Common Common Miami— Amer Bk A Tr Co— 21 25 100 25 130 17 140 1,725,762 14 16 289.674 3,147,141 100 95 44,645 1,220,363 1,198,582 941,485 1,453,086 33,358,707 15,748,431 18,385,255 25 National Banks State GEORGIA April 4 Institutions April 4 Community Bank & Trust a Co.. First Nat Bk & Tr Oo New Haven Bk NBA Second Nat Bank Trad em en's Nat Common 113,225 2,148,500 s 800,000 750,000 50 Nomi nal. 62 65 50 72 187,000 160,000 1.468,700 75 3,577,175 f 100 Preferred New London— Nat Bk of Commerce | 95,309 71 First National 21.709,705 100 300,000 582,605 5,397,086 Trust Oo.. 264,984 300,000 212,500 55,994 198,990 88,760 Norwich— Uneas-Mercb Nat Bk 200,000 194,679 1,916,968 100 2,663,050 12H 100 2,265,278 100 959,574 New London City National Bank Union Bk A Tr Co.. Augusta— Georgia RR Bk A Tr N o Golumbus Bk A Tr._ • Jome Savings Bank. Merch A Mech Bank Stamford— First-Stamford 1,000,000 200,000 700.000 1.298,811 752,686 1,207,395 14,265,824 6,522,426 12,264.800 100 600.000 Fldelity TitleATr Oo Stamford Trust Co.. 969,318 14,831,520 100 135 160 100 135 100 QUI* A 80 Nat Bank. 145 170 145 160 First Nat Bk A Tr Co 300,000 I 291,092 184,000 500,000 2,712,308 300,000 234,811 ....... Prtferred Colonial Trust Co... Water bury Trust Co 7,513,344 f 25 I 32 13,166,016 4,139,753 25 100 Liberty Nat Bk A Tr 9avann ah Bk A Tr Citizens Bk A Tr Oo Common Debentures. 28 '"80' April 4 DELAWARE State 85 685,003 12,213,198 3,981,037 128,296,951 297,209 3,730,744 100 865.089 210,000 Industrial Trust Oo. 625,000 Union Nat Bank Delaware Trust Co.. 203,175 1,000.000 1.500.000 672.600 4.000.000 500,000 316,841 4,727,951 1,210,368 757,655 1.000,094 2,845,047 1,074,291 12,439,708 715 147 151 100 tio 1434 100 9,749,666 3.567,960 3,021,548 100 85 95 100 140 145 1,424,836 100 35 45 412.529 4,468,907 100 260 275 100 3,981,037 128,296,951 t 10 126,829 1,910,259 100 399,907 10 8,954,639 14X r5,000,000 500,000 625,000 3.981,037 128,296,951 287,374 7,583,479 290,949 7,213,418 a 200,000 118,000 s 110,362 1,921,525 10 14H 100 110 50 300 25 50 25 64 100 ""62" 100 Nomi nal. Per share 1.000,000 Preferred 500,000 First Secur BkN.A. al ,200,000 100 25,023,169 25 67 10,888.743 96,719,202 60 136 141 National Banks 50 220 226 April 4 165 • m -mmm mm-mm Boise Trust Co li.036.497 28,466,026 100 N 1,545,732 64,625 30,593,477 100 sa 79,402 100 Per a 145,000 450,000 250.000 Columbia Nat Bank. Bank of Co mm A Sav 100,000 Hamilton Nat Bank Liberty Nat Bank Lincoln Nat Bank McLachlen Bkg Corp Nat Bank of WashNat Capital Bank Nat Metropol Bank. 1.000,000 500,000 400.000 340,000 a 1.050,000 200.000 800,000 Rlgga National Bank 86,175 606,673 565,591 351,932 1,324,310 462,699 987,569 268,657 873,099 216,763 1,866,429 Common.. 3.000.000 Preferred 900,000 Second Nat Bank 500,000 Secur Sav A Com Bk a 490,000 Amer Secur 4 Tr Oo. 3.400,000 Nat Sav A Tr Oo 1,000,000 2,000,000 Munsey Trust Co Union Trust Oo 1,000,000 1.000.000 Wash Loan A Tr Co. 2,645,065 13,086.593 5,935,156 4,893,815 34,406,231 10,654,554 14,590,176 6,924,244 12,768,930 2,918,602 31,647,456 |6,140,811 136,252,349 541,260 462,217 5,347,024 2,235,915 1,275,773 1,956,586 2,531,635 11,022,696 10,175,400 59,983,058 20,696,351 6,729,956 14,606,581 29,243,174 100 10 100 100 20 160 27 195 70 125,000 — — --- 31 State Institutions ILLINOIS April 4 Nomi nal. Per share, - «. 29 170 50 — 120 - - 170 283 • 100 274 100 •101 60 100 80 165 100 230 100 200 100 85 50 75 220 100 M> m 300 285 M wmrnm'm mm "-mm 185 239 220 Belleville Nat Bank. Belleville Save Bank. First National Bank. St. Clair Nat Bank. April 4 FLORIDA State Institutions April 4 Jacksonville— Atlantic Nat Bank.. 43,000.000 Barnett N B of Jack1,500,000 Florida Nat Bank. 01,500.000 50,000 8pr'field Atlantic Bk . 1,744,860 2,025,507 1,564,727 50,133 76,488,375 35,661,643 53,901,465 177.270 2,498.934 1,513,203 Lakeland— Florida Nat Bank — 0 100.000 100,000 300,000 347,000 150,000 Aetna ' N 100 100 sa 4,862,530 6,327.750 3,762,615 42,555 190,791 291,747 171,676 1,642,397 2,974,094 6,335,946 3,048,254 100 107,480 4,524,225 2,584,586 75,514,494 185.600 6,829,780 145,991 7,738,554 s 127,084 3,364,188 358,731 13,885,912 3,764,948 165,650.716 54,346,102 1510024607 593,946 t 360.938 107,464 4,320,028 100 s s s o re cent les 100 100 225 100 100 40 235 31 34 115 18 125 20 108 112 a ... J 19 78 19 91,282 . -M* 85 100 253,763 395,274 60,501 376,000 40 100,000 100 400,000 10 4.000,000 100 Oont 111 N B A Tr Co 50.000,000 S3h Oont Nat Bk A T Co 1.500,000 100 Oosmopolit'n Nat Bk a 250.000 100 District Nat Bank— Common 106,000 4,300,131 f 20 Preferred 94,000 \ 30 Drexel National Bk. a 440,000 40 189,209 8,524,632 Drovers Nat Bank. 1,000.000 100 1,040,774 33,812,446 First National Bank 30,000.000 100 42,203,938 1153718514 First Nat Englewood 200.000 100 828,847 4,373,468 Halated Exeh Nat Bk 200.000 100 337,487 8,431,515 Industrial Nat Bank. a2,000,000 1,894,902 20 8,434,824 Avenue St Bk Oak Pk Beverly State 8av Bk Central Nat Bank City Nat Bk A Tr Oo * National Banks a State Bank.. a 400,000 Am Nat Bk A Tr Oo. al,600,000 Austin State Bank.. 200,000 55 100 .. 200 200 160,000 300.000 375,700 Chicago- 31 100 a . 205 100 100 les Belleville— share. 325 100 0 re cent mm Nomi nal. a 15H 100 State Institutions Dec. 31 IDAHO Boise City— 1st Nat Bank— Common 2,635,167 17,990,816 3,991,399 4,393,296 14,147,037 Washington— 1534 100 Aurora- Anacostia Bank 110 Ida Aurora Nat Bank Merchants Nat Bank Old Second Nat Bank City bank 15H 170 63.034 110,000 April 4 Nomi nal. Per share. Central Nat Bank Farmers' Bank 105 690 65 Institutions April 4 Wilmington— 260 "loo"" 162,941 240,191 500.000 National Banks National Banks 100 100 200.000 e 235 15H 2934 Savannah— Oitiz A 80 Nat Bank _ 39,393,126 / ion 4,941.082 43,352,067 850,000 200.000 230.000 75.000 r5.00n.00n Otly Bank A Tr Co.. "Vaterbury— Cltls A Mfrs' Nat Bk Water bury Nat Bk— ■qultable Trust Oo. Security Trust, Co.. Wilmington Tr Co.. 282,387 3,325,576 Macon— Nst'l Bank A Trust Oo. dromon. 750,000 / First Nat Bk of Colfourth Nat Bank. 130 125 share. 14M 28 X 1100 r ^Itis A So Nat Bank. r5.ono.oon Nat Exchange Bank. i 250,000 Oolumbus— les 130,422 100 981,312 3,981,037 128,296,951 t 10 5,396,370 145,181,204 10 11,643,067 Ga Sav Bk A Tr Co.. a 980,000 Truet Oo of Georgia. «2.000,000 re cent sa s 1,000.000 450,000 Preferred 104 100 100 200.000 r5.000.000 Bank 5.400,000 Fulton Nat Bank— Common iioo 1,361,086 Per American Sav Bank. Oitiz A 80 Nat Bank. Bk ...... Un A N Haven Tr Oo W Id thro p Atlanta— 39 37 50 "28' 240 21 8034 21 "32"" 135 140 249 254 250 205 225" 38 40*4 Sale price, t Branch of Savannah. a Includes preferred stock or debentures outstanding. b Retirement price. c June 29, 1940. d Member of the Atlantic Group in Florida. e Affiliate of the First National Bank of Atlanta, Ga. /March 31, 1941. X Affiliatedof the the Barnett National Bank Member with Florida National Group. k New 0 stock. I Last sale. of Jacksonville, Florida. - Stockholders of the American Bank & Trust Co. of New Haven, Conn., approved an amendment of the bank's charter whereby the common capital would be increased from $100,000 to $125,000 of $100 par a share; preferred stock in the amount of $97,500 is presently outstanding. Ap¬ proval of State Bank Commission and RFC is required to effect the change, r <V>rnhineo statement, s Dec. 31, 1940. t rmut funds. x Ex-dividend. y Stock all owned by Travelers Insurance Co. and banks June, 1941] National Banks illinois April 4 Surplus * Profits Capital National Banks April 4 April 4 Ask Bid Par 275.000 Preferred Liberty Nat'l Bank - Lire Stock Nat Bank Madison-Crawford Main State Bank... 200.000 200,000 M erchandiupNat* IBk 600.000 Mercantile Nat'l Bk. 600,000 200,000 200,000 400,000 Natl Bank Merchants Nat Bk. M etrop State Bank. Id-City Nat Bank v" Milwaukee A v N't Bk Matual Nat Bkof Ob 250,000 4nn nnn Nat Bk of Hyde Park Nat') Boulevard Bk National Security Bk Nat Stkyds Nat Bk. Vorth Shore Nat Bk 250,000 500.000 son.onft 1,000,000 4 200,000 Northwest Nat Bank 200,000 Oak Park TrASav Bk 500.000 Pioneer Tr A Sav Bk i 750.000 400.000 Sears-Oom State Bk. Skala Nat'l Bank. 200.000 200.000 South East Nat Bank South Shore Nat Bk. 200,000 150,000 •'ate Bk of Clearing. Tarmlnal Nat Bank, nlv St Bkof Ohlc_. pper 20o.o00 300,000 Ave Nat'l Bk. "town 300,000 300.000 Natl Bank West Nat'l Bk Oicero *.u<aig 1 r 4c Sav Bk. Banco dl Napob Tr. ' 200,000 400,000 i 300,000 'hie Oltv Bk A Tr__ Drovers Tr & Sav Bk 800,000 i 541.000 East Side TrASav Bk Harris Tr & Bk Sav Lake snore Tr & 8 Bk Lake view Tr & 8 Bk. Northern Truet Co.. Pullman Tr \ Sav Bk 200.000 6,000.000 700,000 50 70 75 13,199,239 /10 110 11 13 541,790 1,651,599 14,920,345 27,074,580 100 20 '225" 54 58 180 140 225 123 132 82 115 185 150 233 130 137 90 120 25 130 246,261 7,049,108 100 7,439,964 100 380.339 100 1,429,848 26,180,913 100 666,547 18,349,650 9,095,250 100 388,439 100 3,808,225 95,787 100 241,754 13,387,598 20 8,510,602 242,460 100 13,679,075 330,939 11 4.776,267 91,449 100 1,050,084 15,848,961 100 374,271 10,472,091 1,971,728 52,640,071 5,922,170 '"is 128,853 65,000 713,688 11,456~240 "50 100 1,053,936 24,335,803 25 569,456 12,955,411 10O 3,951,341 81,920 364,278 10,466,348 100 100 3,982,743 112,405 100 3,497,968 112,121 20 8,994,588 344,094 7,783,627 100 340,605 100 8,965,123 556,954 100 11,760,274 431.340 > 100 4,103,879 227,243 100 437,914 10,702,311 100 5,373,101 444,803 50 1,179,108 29,366,107 100 488,836 12,304,667 100 1,403,755 89,886 12,223,835 295,303,015 100 24 160 _ City National Bank. Coun Bluffs Sav Bk. First National Bank. 3,304,851 4,840,379 100 100 62,614 1,713,169 f 100 97,523 2,202,160 100 2,452,067 32,513,386 100 750,000 11,155,647 250,000 135,791 150,000 Common 21,926,221 (25 2,979,303 100 90,000 I 10,000 100,000 Preferred State Savings Bank. 67~ Davenport Bk A Tr. 600.000 o Des Moines— Common Gap City State Bank 154 160 nes MolnesBkATrCo I 130 140 First Fed State Bank Iowa-Des M olnes N at "34M "35H 60 205 53 195 Common Preferred 660,000 340,000 150,000 50,000 79 105 65 333 70 343 517 170 100.000 73,669 662,683 170,847 o 300,000 100,000 811,231 1,263,437 2.000.000 660,000 01,743,666 600.000 200,000 50.000 150,000 100.000 100 1,711,879 392,809 50,094,921 6.102,182 100 300,000 250,000 435,034 235,452 10,165,189 5,800,650 100 100 400,000 250,000 300,000 250,000 100.000 269,000 327,392 392,507 262,737 200,000 125.000 200,000 100,000 50,000 200,000 Debentures Mercantile Tr A 8 Bk Peoples Bk of Quincy S'thSideBk of Quincy State St Bk A Tr Co. Sioux City— First National Bank Toy Nat Bank Security Nat Bank. Woodbury Co Sav Bk National Banks 100 sa 12,742.023 28,375,339 16,915,557 20 75 Nomi nal. Per 17 50 18H 51 American Nat. Bank. 150.00b First National Bank. 250.000 , Kansas City— Common 4,134,137 f 50 55 60 2.009,746 100 60 65 13,827 631,010 100 55 60 360.000 \ 390.000 f 200,000 n Ecchange State Bank Security Nat Bank— Rtvervfew State dk ........ Preferred 100,000 275,000 First State Bank 161,719 4,076,537 140,803 30,346 46.000 122,107 6,548,355 1.004.255 737,000 1.715.256 |66»» 100 70 Leave i 50 100 35 60 40 i Third Nat'l Bank... o IftO.bOO 150.00C 50,000 Manufac'rs State Bk 600.000 Illinois Nat Bank 300,000 Springfield Marine Bk 500.000 National Banks Fidelity Sav State Bk Gua-anty State Bank Kaw Valley State Bk Merchants' Nat Bk. Nat Bank of Topeka State Savings Bank. Topeka State Bank.. 40 40 45 195 14,838,189 100 185 110 130 india na 120 140 Institution» Dec. 31 Per 500.000 100,000 i 956,796 188,410 22,989 98,000 61,730 859,176 48,956 200 shars. 225 100 164,900 127,500 100,000 Indiana Tr A Sav Bk. La mas co Bank..... 160 175 100 100 100 100 110 110 100 500.000 National City Bank. i 234,300 100 600,000 600.00b | 470,447 Mutual 1,730,000 < 100,000 150 100 100 16,911,059 JlOO 1100 8,349,327 902,081 115 100 480,000 808,762 l 20 18.531.596 21 Common i 400.000 43,168 1,172,206 n 200,000 Preferred Union Stock Yds Nat i Co— Bk A Tr Co < 942,029 56,033 jl,147,667 100 100 46,474 280,600 346,000 500.000 600,000 250,000 200,000 Institutions State Dec. 31 First Nat Bk A Tr Co 250.000 495.000 150.000 300.00) 318,112 90 95 Jnl260,150 1,220,605 15,941 2,649,662 20 100 100 18,965,549 4,105,723 0 43,657,071 18,351,192 4,355,830 22,262,498 f 10 i 41,933,889 129,814 4,452,392 227,250 6.064,582 575,855 14,438,686 296,860 5,948,241 202,540 n 6,718,474 240.000 Jo 169,855 750.000 250,000 j 746,623 share• 4,907,455 5,840,916 6,379,588 1,710,101 100 175 10 16 18"" 50 26 30 10 5 8 3,295,365 100 130 135 1,681,460 110 Citizens Bk A Tr Co. Bank of Commerce.. i 200.000 90 100 120 125 Preferred First Nat Bk A Tr Co Tr Co 10 14tf 15tf 200.000 .UOO.000 1 in ,000 J Louisville— 100 210 100 152 2J5 100 247 212,429 730,984 870,134 385,150 165,259 061,869 732,141 145,410 154,233 127,634 1,000,000 Citizens' Union N B_ 2.000.000 Fidelity A Oolum Tr. 1,000,000 First National Bank. Liberty Natl Bk A Tr <1,800,000 300,000 Security Bank——— 23 KentuckyTitle Tr Co el.OOO .000 100 56 Lincoln Bank A Tr.. 750 000 100 110 100 jloo ioo 87,000 1,308,764 0 370,252 200 000 280,500 iOO.OOO 265,000 157 100 163 297 10 9 11 100 140 150 50 55 65 100 140 160 Bank. Newport Nat Bank.. ♦ 100 60 70 Sale 100,000 100,000 price. o o 155,509 555,742 20 10 100 155"" 103" 300 50 135 140" 100 330 335 2,022,112 6,298,828 30 33 100 100 12 50 „ a Preferred stock retirement price. c Citizens Union Fidelity unified certificates. d New stock. Affiliated with the First National Bank of Louisville. of Northwest Bancorporatlon. i Common and preferred stock or capital debentures outstanding, 31, 1940. s No stock outstanding. t On May 27, 1941 Illinois National Bank of Quincy, 111., sold of preferred stock to the RFC. n 100 20.481,025 50 270 82,806, 562 1001 C267 8,901, 084 100? 100 108 110 54,080 219 2 H 2H 2H 28,119. 966 100 135 3,381 461 102 100 7,619, 939 100 135 18,125, 004 100 201 1,958 ,996 10 7 8 20,038 ,180 28 26 100 1,463 ,167 Newport — American Nat 55 290 100,000 Bank.. Louisville Trust Oo. <1.950,000 525.000 United States Tr Co. Stock Yards 176" 100 6,399,455 JlOO 4H U0 13,054,252 3,258,146 2,842,362 3,563,826 alo 100 100 100 Security Trust Co— I h Member 250,000 a62>* Per OovlngtonTrABkgOo 20 1,590,797 13,135,925 132,112 2,596,664 9,518,808 149,255,156 200,000 1,466,152 23,285 1,113,007 12,741 731,202 2,556,770 40,656,471 62,432 20,345,214 366,743 3,794,522 184,835 4.647,988 365.000 500.000 1,500,000 650,000 1.000,000 i 399,200 l.ooo.ooo 250 225 100 Nomi nal. 40 Terre Haute 1st N B: Common Preferred 1 200.000 38 Terre Haute— Merchants Nat Bk— Common ........ Preferred 125 4,137,208 f 621* I 62'j 50 1,246.921 196,373 481,443 342,457 166,461 88,319 e 1 325,505 ] KENTUCKY „ Second Nat Bank— 1,000,000 City Nat Bk A Tr Co First Bank A Tr Co. Merchants Nat Bank < National Banks Union Bank A 725,000 preferred. 100.000 Fountain Sq State Bk 4.000.00u Indiana Nat Bank.. 200,00' Live Stock Exch Bk. 1 87,500 Madison Ave St Bk i 70,000 Marlon Co State Bk. 1,250,000 Merchants' Nat Bk. Security Trust Co Union Trust Co.. South Bend— American Trust Co.. 112,000 88,000 100,000 ... Common...... i Common ... 100 Lexington— 250,000 300.000 Class A Common 150 20 Bank. Indiana Trust Co... 100 125 125 101 Indianapolis— Fidelity Trust Co Fletcher Trust Co— 100 100 100 Union National Bank Covington— 19 23,662,857 340,000 People's State bank. 1,428,332 33,259 n Peop-Lib Bk A Tr Co 1.200,000 Debentures St Joeeph Ssuthwest Nat Bank April 4 Bank People's Tr A Sav Co Debentures 1.000.000 100.000 200.000 160 110 Dime Trust A Sav Bk Bankers Trust n 1.000.000 Citizens'Nat Bank- Preferred American Nat 100 100.000 Kansas State Bank. Bank— Common. Preferred 30,599,702 34,141,824 1,282,731 2,717,467 cent 110 100 16.004,854 1,426,195 1,586,150 1,587.000 1,187,000 14.472.595 2.087.000 1,348,977 n 50,000 200,000 500,000 100,000 First National Bank. 100 Evanzvlllo— Citizens' Nat Bank— JlOO 100 100 Wichita— Nomi nal. Citizens Tr A Sav Bk 12,342,409 1,582,046 439,777 2,457,921 1,148,246 686,269 8,950,773 10,394,883 1,439,451 1,510,530 '2 on nnn Fourth Nat Bank April 4 451,106 303,131 7,506 73,446 63,020 71,383 243,091 648,360 40,843 44,876 77.500 < Citizens State Bank. 65 100 nait 400.000 Trust Co 110 11,939,827 6,172,869 50 2,156,228 2,668,524 890,300 les 60 100 40 830,291 375,522 632,926 o 600,000 100 151,675 272,498 31,894 0 500 .OOo 100 14,360,669 7,263,260 12,719,803 Springfield— First National Bank. 0 13,111.642 f 10 I 10 2,844,998 100 100 1,540,106 7,108,669 100 5,270,961 100 Topeka— s 507.426 369,000 377,370 o 191,783 108,977 287,136 531,143 100,000 Leavenworth Nat Bk Central 200,000 242,000 274,456 nworci— First National Bank 100 100 75 75" "80"" Illinois Natl Bk A Tr Co shai e 100 100 3,545,782 5,098,010 115,140 259,049 0 Comm'l N Bk of K C 150,572 1 State, Institutions Dec. 31 les 65 j 217,409 0 132,603 Hiitohlnson— 50 20 Central Nat Baok.. GaryGary State Bank... Gary Tr A Sav Bk — 10 7,000,000 6,947,858 hlOO 100 9,001,226 100 7,976,403 100 3,000,107 KANSAS April 4 Kookford— Ft Wayne Nat Common 100 rec ent t Common Peoples Savings Bk— rort Wayne— Lincoln Nat Bk & Tr 1100 2.500,000 150,000 Bank A Trust Co. Val'oy Sav Bank.... N 100 1,610,849 9,042,553 2,823,038 Quincy— B'dway Bk of Quincy 111 Nat'l Bk of Quincy Old National j1,20c 180 .... North Side bank les 527 100 sa 28,930,655 JlOO 60 Live Stock Nat Bank '317" 327" 203,649 2,347,878 930,763 Amer Tr A Sav Bank 75 25 80,943 39,397 Dubuque— First National Bank. 95 cent Cent Nat Bk A Tr Co 37 50 Capital notes Franklin Bk A Tr Co \ 100 Davenport— 170 40 160 100 South Side Tr& Sav B Swedish-Am Nat Bk. 198,086 244,389 ^5 Council Bluffs- Preferred "63" Jefferson Tr ASav Bk Common 1,095,712 100 20 100 100 Bankers Trust Co— "33" "37" 100 Union Nt Bk & Tr Co Peoria— First National Bank. 3,361,756 39,611,168 5,360,360 215 4691344' 14,550',247 . Com Mer Nat BkATr 21 200 150 1,681,115 34,022,452 500.000 3.000.000 10,991,961 368,636,070 11,242,111 697,576 300.000 Elgin— Cent Nat Bk A Tr Co 139,644 2,241,112 170,671 52,537 > 28 120 2,431,635 3,567,592 150,000 150,000 Merchants Nat Bank People's Sav Bank.. United State Bank.. share 100 93,083 109,228 200.000 500,000 250,000 50,000 Cedar Rapids— Guar Bk A Tr Co i Elgin Nat'l Bank... First Nat'l Bank Ask Bid Per 125,000 200,000 Nat Bk of Burlington 451,824 1,000.000 Par Deposits c Burlington— Farmers A Merch 8 B 20 i 318.000 300,000 — April 4 Oross Nomi nal. 2,716,384 9,365,872 Lawndale Nat Bank Common Surplus Ot Profits Capital 257,171 283,641 250,000 700,000 < 7X 6 State Institutions IOWA Oross Deposits 103 companies State Institutions Nomi nal. Per share. Chicago {Concl.) Kaspar Am State Bk LaSalle Nat'l Bank- trust x April 4, 1941. Ex-dividend. 0 Dec. $125,000 104 BAMS National Banks April 4 LOUISIANA Nat%arhT" MASSACHUSETTS April 4 Qross Profits Deposits Par Bid Baton Rouge— •City National Bank 300.000 156.500 ... Common 300,000 150.000 1,000,000 250,000 ........ Preferred. Hibernia National Bk Common Preferred Nat Bk of Commerce 1,500.000 1.200.000 | 715.919 ( 587.099 (2,227.978 (1,774.075 10,429.515 110 18 25 110 12,162,866 1100 165 $ Fall Blwr— Fall River Nat Bank B.M.O. Dorfee Trust Fall River Trust Fitohburg— Safety Fund Nat Bk. Deposits 8 100 110 Gross 312,028 637,725 343,069 Par 100 100 1,056,879 8,591,886 Ask 100 233,165 183,677 231,301 2,945,873 2,335,350 3,594,896 100 10 20 1,020,599 227,793 500.00U Bid Nomi nal. Per share 8,020,781 9,474,138 4,211,781 6,226,120 2,223,155 100 10 Gloucester— Cape Ann Nat Bank. GlouC Nat Bk of Glou 33,076,530 1100 1100 65,811,075 175 80 1 Surplus A Profits Capital Ask Nomi nal. Per shate. % Common Preferred........ Louisiana Nat Bank Common... Preferred New Orleans— Amer Bk A Trust Co COMPANIES TBUST Stats Institutions Surplus A Capital ^ AND 119 340 106 100 365"" N Glances 8 D A Tr Co 0 rec ent les sa Haverhill— Haverhill Nat Bank. M err I mack Nat Bank 120 ------ ..... Holyoke— 120 Holyoke Nat Bank— Common......... Preferred. Louisiana SB A T Co Whitney Nat Bank.. 1,500,000 11,079,373 61,729,122 1.200.000 208.000 268,916 3,941,184 2.800.000 8.073.626 154,020,845 21% 20 20 25 Common "27"" 40 72% 73% Shreveport— First National Bank. Commercial Nat Bk. Oent'l-Am BATrOo 1,000.000 1,000,000 700.000 1.351.627 999,290 o 411,553 35,704,759 26,325,982 10,835,299 200 100 100 100 215 175 125 140 110 I Preferred,. 120 ■ J 271,913 7,941,824 J 50 64 50 1 Park National Bank Common Preferred 2,434,658 1100 1100 Jo 134.023 351,046 611,507,940 Bay StateMerNat Bk 600.000 0 65 20 436,137 Hadley Falls Tr Co.. dl.400.000 Lawrence— .... 25 6,721,360 2"" 25 Lowell— • National Banks •ttaii MAINE April 4 Institutions I April 4 I Sppleton Nat. Bank. Nomi nal Per share. Augusta— First Nat Granite Bk d 700.000 Depositors' Trust Co 750.000 u 590,373 603.032 8,603,000 13.960,511 100 25 36% 38% 507,993 4,330,886 10 24 27 Union Old Lowell National Bank.... 883,135 12,928,808 25 24 27 12% 14 Lynn— Mfr s. Cent. Nat Bk 243,202 7,440,676 483,324 6,010,674 686,352 6 3,973,091 991,031 11,053,641 Essex Trust Co Lynn S Dep & Tr Co 0 Security Trust Co... Bangor— Merchants' Nat Bk. Eastern Tr A Bkg Co Merrill Trust CoCommon. Preferred ..... 267,645 1.032,201 1,000.000 600,006 .. 400.000 j 670,833 100 9,783,757 100 N o re 200.000 11.707,565 I 20 sa cent les i 20 13.472.471 600.000 Casco Bk & Tr Co First Portland NatBk Nat Bk of Commerce 200.000 0 1,000,003 400.000 National Banks 547,526 216,712 1,033,403 395,253 12,820,449 5.168,433 19,736,394 100 8,522,216 20 MARYLAND April 4 100 23 35 36 25 25 itui■ 105 26 38 39 1 414,127 853,917 523,225 Warren Nat Bank Salem— Merchants Nat Bank Naumkeag Tr Co— Common. Western Nat Bank.. Equitable Trust Co. Fidelity Trust Co... Maryland Trust Co 5% 500,000 408,844 6,645,444 10 1,400,000 l.OOO.OOOjj 1,854,535 Capital notes 1,500,000 600,000 2,000.000 3.000,000 3,944,225 255.999 4,311.495 2,021,209 46,578,129 3% 5% J10 750.000 11,472,135 54,319,251 650,000 I 470,000 632,198 12,059,121 I 200,000 231,259 4,205,531 299.589 80.000 2,026,375 4.000.000 6,770,202 232,411,441 400.000 o 545,919 7,930,629 600.000 828,375 6,861,039 198.948 250,000 3,492,986 750.000 591,557 14.229,714 2,000,000 1,418,443 48,126,981 1.000.000 1,189,051 25,996,072 Mercantile Tr Co Real Estate Tr Co Common... Capital notes ... ... Second Nat Bank... Liberty Trust CoCommon Capital notes.. V 2,071,351 132,000 250.000 3.802,081 50 996,074 7,894,826 j 10 14 10 10 10 10 8% 36% "37% 25 25 68 68 "70" 100 i 1 24% Springfield Nat Bank dl,600.000 Tnlrd Nat B AT Co. 1.500,000 Springfield fll)& Tr. 1.000.000 Union Trust Co 1.000.000 West Spring Hold Tr. mmrnrnm 50 138,490 50 10 k 10 100 30 75 2 2% 51% 50% Machinists' Nat Bk. Bristol County Tr 116.424 17,161,736 35,174,750 15,777.324 15,492,395 2,819,903 30 250,955 457,563 2,547,804 4,462,266 100 25 ""46" Mechanics Nat Bank Gaaranty Bk Sc T Co 600,000 400.000 Worcester Clo Tr Co Common Class A-. 1,000.000 1.000,000 16 1,251,551 17,770,456 6,669,869 100 10 175 15 '20 34 15% 17 25 66 08% {. 10 ........ 15 1235 Worcester- 9i 360,101 0 J3.186.169 646,523,640 ( 65 370 National Banks 247"" 4 ... Fr'k Town Say Inst. West Maryland Tr.. 4% State Institution * MICHIGAN 395 — April 4 April 4 — Nomi nal. 1,850,711 share. Per Bay City Bank..... Natl bk of Bay Oity. People's Commercial A Savings Bank... 300.000 400.000 139,106 435,637 3,400,855 6,855,385 100 100 N 0 re cent 500.000 962,477 10,966,904 20 sa les 2,807,457 681,999,324 50 113 118 201,508,457 120 53 54 45 115 Detroit- 206,388 Commonwealth Bank d3,450,000 111,368 150,000 288,000 7,343,724 4,515,721 Detroit Bank— Common Preferred ... 100.000 125.000 970,182 545,968 100,000 35,000 150,000 150,000 132,063 Mfra National Bank. Nat Bank of Detroit- 4,86o,323 5,382,365 1,816,016 Frederick Co Nat Bk Preferred 23 21% 10 17% 16 240 Frederick— Common ZZZZZ 763,448 3,545,442 1,519,808 2,049,765 231,844 200.000 300.000 46% 14% 6,112,008 100,000 99,500 500,000 ••• Taunton— "94" 100 30,374,692 1,618,051 40,677,380 61,832,850 388,000 - - 26% 120 Industrial National Bank of Detroit Citizens' Nat Bank.. Farm A Mech N Bk. UK 10% Say City— Cumberland— First Nat Bank..... d Peoples Bank—« _ "42" 39 Springfield- Nomi nal. Per share. Common Safe Dep & Trust Co Union Trust Co 7,932,737 50 11,929,167 20 7,460,254 12% 83,515 Preferred...... 'tutions April 4 Baltimore- . "5l" 49% New Bedford— First National Bank. Merchants Nat Bk.. Safe Deposit Nat Bk ...... Oarrollton Bk of Bait First National Bank. Nat Cent Bk of Bait. Nat Marine Bank. Public Bank of Md 285 350 100 20 Feabody— Portland— Canal National Bank Bait Oomm'l Bank..' Baltimore Nat Bank Common. Preferred Calvert Bank Canton Nat Bank.. 20 100 440,529 76,375 Common.. Preferred United Savings Bank Wabeek State Bank. Bankers Trust Co... ..... 4,068,187 1,709,926 2,160,000 3.530,000 1,000,000 3,000,000 8.250,000 8,961,875 1,000,000 1,200,000 500.000 J3.049,371 120 1,370,231 18,355,531 6,386,525 180.800,630 20 40 50 105 J15727.619 619,328,903 (10 1,535,552 0 519,206 518,026 26,621,585 22,532,307 Q 353,320 100 J 102,118 g 1,996,304 (10 2,320,821 (714,884,456 718,594 g 4,221,073 267,663 5,954.275 20 35% 36% 125 10 10 "19 " "25"" "13" 14" Equitable Trust Co— Hageratown— Common Farmers A Merc Bk. Nlcodemu8 Nat Bk.. Second Nat Bank... 90.000 347.000 200,000 Hagerstown Trust Co 150,000 National Banks April 4 139,681 389,334 341,601 114,698 Preferred Detroit Trust Co... Un Guardian Tr Clo. 2,063,144 7,238,029 4,360,025 2,264,445 Wayne Oakland Bk. MASSACHUSETTS sta"Zu'fion" Nomi nal. Per share. Boston- First National Bank. 27.812.500 54,993,453 829,624,368 12 41% Merchants' Nat Bk. 3.000,000 5,570,505 390 126,959,775 398 Nat Rock Bk of Bos 1.500,000 3,205,075 38,214,894 20 68 70 Nat Shawmut Bank. 10,000,000 20,953,503 239,181,517 12% 22% 22% Seoond Nat Bank... 2,000.000 6,175,575 118,107,084 25 141 144 Web A Atlas N Bk.. 1,000.000 710,131 50 48 18,132,379 51 Boston S Dep A Tr__ 2.000,000 4,564,306 44,682,651 100 a295 Columbia Trust Co.. 100.000 100 347,000 Day Trust Co. 1.250.000 Fiduciary TrustCo.. d 600.000 New Eng Trust Co.. 1.000,000 Old Colony Trust Co 15,000.000 Pilgrim Trust Co... 400,000 State Street Tr Co.. 3.890.000 U S Trust Co— 1,682,237 o 2.675.000 18,555,333 2.998.001 45,068,634 50 50 100 a400 ao 100 '215"" 100 305 315 716,431 3,382,003 None 5,279,244 581,478 10,869,917 7,733,801 104,403,505 700,000 Convertible pref. Winthron Trust Co.. _ J 1,248,048 14,077,431 171,053 2,812,439 100 4,131,187 1,893,728 100 200 100.000 285,888 124,399 100 160 500.000 500.000 520,319 513,446 9,091,212 7,774,571 20 50 31 585,729 6 7,058,541 524,764 5,144,270 1,618,342 625,160,313 100 10 20 450 470 21 23 81 82 450,000 100.000 Beverly— Beverly Nat Bank.. Beverly Trust Co... Brockton— Brockton Nat Bank. Home Nat Bank.... | 10 i io 11% 12% 13 14 / 150,000 300,000 1.000.000 Sverett— Middlesex Co Nat Bk 600.000 871,200 11,219,738 10 1,242/,248 651,989 131,560 463,220 7 5 58 60 6 100 100 20 20 27,259,025 11,627,945 3,657,612 7,714,432 35 31 17 38 38 33 20 12 14 34 20 20 Central Bank Citizens Indus Bank- Peoples Nat Bank..,. Old Kent BankCommon. Preferred Union Bank of Mich. Michigan Trust Co.. ....... 250.000 20 2,130.181 626^867 10,876,448 "Io 122,356 83,340 736,142 100,000 400,000 1,000.000 12,706,041 750.000 350.000 1.200.00O 564,307 758,883 50,135,096 g 4,766,425 2,788,724 (10 uo 10 "23" "25" 31 33 "21" 23"" 20 13 15 1° 14 16 100 285 Lansing— Michigan Nat. Bank. d3.134,000 2,263,394 653,199,326 Saginaw— Second Nat Bank A Trust Company.. 2,733,909 a ^ale 1,500,000 32,741,425 300 price Stock has to be offered to board of directors. 6 Includes sayings deposits, Retirement price. d Common and preferred stock or capital notee outstanding. / Convertible pref. stock entitled In liquidation to $20 a share. g Trust balances. o CambridgeCambridge Trust Co County Bk A Tr Co. Harvard Trust Co— 226.340 2,000,000 500,000 300,000 6 Grand Rapids- c 300,000 309,660 Flint— Olt Com A Save Bk_ dl ,000,000 Genessee Co Save Bk 1.000.000 Merch A Mech Bank 250.000 Nat Bank of Flint 400,000 * Common ... Dec. 31, 1940. r New stock. k Units. t Affiliate of First National I Last sale. ' Bank of Boston. u Depositors Trust Co. of Augusta, Maine, effective absorbed the First National Bank of Waterville, Maine. x Ex-dividend. May 24, 1941 National Banks April 4 MINNESOTA Capital ' $ Northern Nat Bank. Pioneer Nat Bank Western Nat Bank. 100 100 cent 100 66*3 200,000 125,000 Chicago-Lake St Bk. Nat Bk. 6 100,000 5,000.000 Produce State Bank 6 3d N'west'n e State. lOG.OOO 50.000 100,000 Third N'west'n N Bk e 4th Northwest Nat'l. k 125.000 University Nat'l Bk. les 5.654.378 0100 100 2,221,117 50,000 100,000 50,000 Fifth No'west'n N B_ e 100,000 First NatBk A Tr Co 66,000,000 Hennepin State Bank 6 100.000 300.000 Marquette Nat Bank Midland NatBk & Tr 1,000,000 Central Nat Bank N'western Nat BAT o 100 2,689,164 6100 131,166 799,919 28,308 1,939,673 e 81,806 807,750 24,214 2,218,208 el of) 55,206 ,490,304 160,447,337 6 20 100 962,510 41,266 100 6,445,621 363,655 692,610 19,350,225 elOO 2,285,094 6100 56,514 100 ,907,293 146,587,655 1,676,638 6... 52,205 1,307,841 16,345 1,721,366 clOO 160,411 3,176,219 elOO 171,865 1,321,833 41,985 100.000 0 100,000 EmplreNatBkATrCo e 500.000 Stock Yards Nat Bk. * 250.000 *2,500,000 * 150.000 ok 192,500 0tt.OOO.OOO 192,514 83,525 Preferred e National Banks 31 70 76 20 — — «,«. — 6H 100 95 20 37 100 115 100 - - — 117 AH 3 % 28^ n 25 100 29 25 20 26 100 175 100 3,074,422 11,534,945 2,095,901 44,880 505,839 74,207 100 Institutions State MONTANA April 4 - April 4 Nomi nal. Billingsre cent sa No les 11H ny8 Per Midland Nat Bank.. 0 Montana Nat Bank. Sec Tr A Savs Bank. 150,000 100,000 204,274 173,657 290,278 5,913,955 3,624,073 4,277,892 300,000 100,000 600,000 828,983 46,098 626,642 13,495,498 1,547,820 100 14,951,955 292,780 435,939 share 0... 10,776,793 0100 100 8,618,001 200,000 ti——»i—» o oo o V N o re Butte— First National Bank. Miners Nat Bk Metals Bk A Tr Oo. 0 cent sa les 100 Helena— First Nat Bk A Tr Co Union Bk A Tr Co.. 5,625,724 1100 None 545,569 MISSISSIPPI April 4 29 io y3 10H 600,000 250,000 e 0100 National National Banks 120 20 100 1100 124,000 01.000,000 First Trust Co. 280,000 586,500 200,000 Southern Missouri Tr 100 935,301 33,098,422 100 5.206.379 474,399 100 2,125,857 73,048 7,137,893 152,098,275 0100 100 2,362,919 119,443 100 u 9,393,755 340,409 u 7,156,051 elOO 300,473 100.000 lu 389,089 100 Springfield— Citizens' Bank...... * Midway Nat Bank— Common $ 500,000 1,000.000 United Bk A Tr Co.. 1,000.000 Chippewa Trust Oo. p 332,993 ■aston-Taylor Tr Oo * 250.000 Union Nat Bank Rochester— First National Bank. Union Nat Bank St. PaulAmerican Nat Bank. Commercial State Bk DrovExchState Bank First National Bank. First State Bank Nomi ml. Per share. 4,452,174 235,428 959,185 17,210,406 9,011,083 489,813 9,156 3,582,360 4,040,447 67,263 Llndell Trust Oo 400.000 6,524,936 298,117 Merc Com BAT Co- 10.000,000 07,003,700 194,574,732 Mercantile-Com¬ merce Nat'l Bank. 7,037,010 350,000 393,376 Miss Val Trust Co.. 6,000,000 03,604,966 116,487,396 Mound City Tr Oo * 266,000 v 3,592,422 43,727 Nerth St Louis Tr Oo 300,000 0 315,771 4,472,767 WebsterGroves Tr._ 100.000 0 3,763,978 231,096 Bk Ask Bid Par Deposits Tower Gr Bk A TrOo 100.000 Blooming'n-Lake NB b Camden Pk State Bk Minnehaha Telegraphers Nat 100 50 Gross Surplus & Profits St. Louis (Concl.) 100 7,576,036 12,507,247 1,148,560 1,053,000 275,703 510,769 54,560 20,162 Minneapolis— Capital 1,069,680 7,791,347 2,084,194 32,849,095 40,355 341,603 77,421 k Duluth Nat'l Bk 150,000 u First A Amer Nat Bk 2,000,000 ul ,544,315 100,000 400,000 1,000.000 100.000 100.000 Ask Bid Par State Institutions Dec. 31 MISSOURI April 4 Nom inal. Per share. 600.000 Minnesota Nat Bank of Duluth National Banks State Institutions Dec. 31 Deposits 105 COMPANIES Gross Surplus & Profits Duluth— Bank of Oomm A Sav Olty National Bank. TKUST AND BANKS June, 1941] Banks State NEBRASKA April 4 Institutions State Institutions April 4 Dec. 31 Nomi nal. Nomi nal. Per Jackson Commerc'l BkATrOo 30 65 75 10 100 14 175 16 190 100 11,650,747! 150 165 3,792,617 3,645,199 5,005,499 100 273,204 i 731,400 294,000 1,360,000 13,754,362 9,460,095 151,177 183,689 132,494 100.000 Depot Gu Bk & TrOo Jackson-State N Bk. 6.060,568 5,000.701 8 100 Meridian— Citizens Nat Bank.. 249,000 First National Bank. 320,000 236,500 Mer & Farmers Bank Per share. LincolnCon tinental NatBk— Common 660,361 30,745 636,021 451,500 400,000 Capital National Bk share 350,000 278,000 335.417 First National Bank. 1,000,000 796,289 Nat Bk of Commerce 350,000 977,363 20,653,239 12,978,940 1,500,000 1,444,027 911,804 2,215,276 28,969,405 15,988,842 52,553,369 230 a 100 12,696.673 r ioo e Preferred Omaha— First Nat Bank 50 Live Stock Nat Bank 50 Omaha Nat Bank \100 500.000 2,000,000 100 155 165 100 225 250 20 160 100 40 38 100 185 195" Packers' Nat Bank: Vicksburg— Common First Nat & Tr Co— 500.000 300.000 Mercb NatBk&Tr Co 237,977' 129,000 I Preferred /140 South Omaha Sav Bk Stock Yards Nat Bk. U S Nat Bank National Banks MISSOURI April 4 Per City Nat Bk & Tr Co Celumbla Nat Bank. Commerce Trust Co 600.000 Oemmunlty State Bk First National Bank. Inter-State Nat Bank Llnwood State Bank. 600,000 tt.000.000 100,000 2.000,000 600,000 100.000 200. OOU Merchants Bank 90,044 2,523,900 2,379,975 38,221,709 193,524 7,703,899 »6,841,617 200,039,649 73,674 1,377,610 5,314,961 139,548,249 ul ,743,133 25,561,364 117,521 1,862,940 172,481 3,585,067 100 100 National Banks 100 100 100 Capital notes Missouri Bk & Tr Co Common 350 90 380~~ 145 155 90 100 105 100 430 320 100 200 225 9,781,468 100 /100 115 Preferred 72,788 National Southeast State Bk_. South Side Bank— Common Preferred Stock Yards Nat Bk. k Union Nat Bank— Common 1,953,526 4,854,135 100 University Bank West port Ave Bank. St. Joseph— American Nat Bank. 100 50 100 120 642,000 J100 50 26,361 316,294 8,606,605 650.000 147,854 8,971,965 62 H 200,000 200,000 600,000 Burnes Nat Bank... First National Bank. First Trust Oo First StJosSt'k Y dsBk t Tootle-Lacy Nat Bk. ■mplre Trust Co : Missouri Vail Tr Oo 100,000 250,000 200,000 200,000 100,000 92,500 Baden Bank.. Boatmen's Nat Bk.. Bremen Bk A Tr Oo. 65 lioo 990,051 31,111,116 30,581 222,043 2,437.744 241,270 273,603 473,316 152,686 93,251 287,075 120,388 101,507 |u 114,546 200.000 f 126,650 2.000,000 2,852,695 400,000 398,621 300.000 230,326 10.200,000 9,572,770 Industrial Bk&TrOo 1.000.000 678,072 Jefferson Bk A T CoCommon 200,000 \v 100,159 100,000 Capital notes Jeff-Gravols Bank 565,000 186,908 Lemay Bank & Tr Oo Common 50,000 79,883 Cass Bk A Tr Oo— First Nat Bank ... Preferred 1,184,6551 100 (10 100 100 A Trust Oo 206" 225" 42 9 No'western Nat Bk. Plaza Bank (The)... Sec Nat Bk Savs&Tr Southern South Ride 300 100 225 100 150 Indian Head Nat Bk 200,000 6,864,331 6,605,371 7,413,286 100 350 400,000 600,000 574,246 655,380 649,227 107,618 3,660,723 f 100 N o 100 re cent 30,101 1,786,864 100 sa les Nashua— 100 1135 78 100 82 Portsmouth— First National Bank. 250,000 75,000 200,000 Common.. New Hamo Nat Bk 10H 95 105 National Banks 100 No None 100 re cent Boardwalk Nat Bank 4,208,062 8,526,219 2,708,221 1,199,665 «... sa les Guarantee Institutions State NEW JERSEY April 4 Dec. 31 100 Nomi nal. 100 Per Atlantic City— 100 BkATr Co 693,199 267,144 8,359,195 7,046,040 342,027 400,000 500,000 100 None Equitable Trust Oo— 100 225,000 1.183,442 Common 100 Preferred 3,106,291 79,830,630 5,493,420 6,400,232 278,956,164 18,778,140 120 ,t Share 150 2 2 H .45 1.00 10 10 10 16 100 100 20 33 100 115 100 Asbury PkNatBkATr k Asbury Park A Ocean Grove Bank Seacoast Trust Oo— 20 120 2,715,236 105 20 33H 17 38^ 20 68 8* 3,614,006 100 73 83 7,344,331 "25 "22" 549,975 283,812 6,296,579 100 70 80 300,000 100,000 226,368 121,078 4,525,970 1,104,682 10 8 10 5 3 4 Bayonne— Broadway Nat Bk — * Bayonne Trust Co.. 200.000 1 400,000 0 44,129 612,931 2,317,564 10,217,048 50 a c e 1,688,444 50 50 100 al00 0 634,916 355,441 316,692 460,259 154,399 722,705 12,987,960 7,655,973 12,073,754 8,068,731 4,854,135 14,548,612 20 100 44 20 23 y 28 25 46 97,614 3,765,390 400,000 266,391 5,646.375 •>n 50 10 Transamerica Corp., San Francisco. Calif. / Jan, 25, 1941. Member of Northwest Bancorporation. Member First Bank Stock Corp. Preferred stock and common stock i June 29, 1940 or capital debentures outstanding. Price National Bank of St. Louis, Mo., held by the trustees. 25 30 ii o p 100 National Group, applicable to 100,000 shares of beneficial interest, which In turn represent 3,500 shares of $100 par stock of the Mercantile-Commerce n 23 20 70 1 Last sale. 16 H 99 50 100 * Sale price. March 26, 1940. d Owned by the * 600,000 500,000 500,000 650,000 200,000 350,000 Retirement price. b First *, 367,000 Bank 100 175 Commerc'l A Savs Bank share. 5,831,069 3,336,177 3,206,606 Preferred 52 Bank ..... Manchester Bank... Mutual Bk A Tr Oo.- r>fr 975,322 645,869 280,278 9,111,818 4,255,717 14,507,638 50.000 Manufacturers April 4 Asbury Park— 107,500 Preferred Institutions State 200,000 150,000 200,000 Merchants Nat Bank "65" St. Louis— Amer Exch Nat Bank Common share. 100 Nashua Trust Oo— 4»condNat of Nashua 120 2,242,769 1,449,363 55,909 154,399 72,981 71,156 1,000,000 950,000 100,000 100,000 Preferred NEW HAMPSHIRE Amoskeag Nat Bank City Gate Nat'l Bank Banks Mancnester Nat Bk. 100 54.000 46.000 400, OOU Preduce Kxch Bank. 25,874 Manchester— 130 1100 50,000 200,000 100,000 100,000 Plaza Bank of Oomm 35,560,253 1,391,804 1,779,532 150 1,644,074 600,000 100,000 330 135 100 Per First Nat Bk of Nev. Security National Bk 100 460 100 100 Nomi nai. Reno— Nomi nal. 125,000 [v 75,000 Park National Bank. Traders' \v 379,019 NEVADA April 4 share. April 4 200,000 188,000 100 115 Merc Bome Bk & Tr Common 100 Dec. 31 Nomi rial, 100. OOO 25 889,531 8,195,229 29,992,939 47,773 272,846 1,295,467 Institutions State Kansas CityBaltimore Bank 2,829.529 J100 94,065 (ioo 71,000 50,000 e 500,000 el, 100,000 s American National Bank of St. Paul affiliate, Capital account. r Reserves. Member of the Guardian Detroit Union f Deficit u Dec. 31, 1940. v Group Inc.. Detroit, April 4, 1941. Mich, BANKS 106 National Banks NEW JERSEY April 4 State COMPANIES TRUST National Banks Institutions Dec. 31 NEW YORK April 4 Gross Surplus A Profits Capital AND Par Deposits Bid Capital Ask Surplus A Profits State Institutions April 4 Gross Deposits Par Bid Nomi nal. $ 241,100 567,000 248,000 Brldgeton— Brldgeton Nat Bank. * Cumberland Nat Bk. k Farm & Mer Nat Bk. it Per 123,799 307,616 128,551 2,373,490 5,644,035 1,715,667 share. 26 60 100 24 100 45 20 8 9 5X 6X Oamden— 1,327,595 PlrstOamN atB&TOo d2,100,000 Merchantville Nat'l Bank & Trust Oo. d 39,931 217.500 k Camden Trust Co... d2.734.750 pi ,295,086 last OrangeAmpere Bank & TrOo 28,191,481 12K 1,628,672 41,120,384 Auburn Trust Co... d Auburn— $ 400,000 675.000 Blnghamton— Olty National Bank. First National BankMarine Midl'd Tr Oo i 600,000 500.000 Nat Bank of Auburn IX Bensonhurst Nat 66,902 95,600 0384,185 3,533,490 33X Say Inv & Trust Oo: Common Preferred 19,913,527 Flathush 52 X L.1 769.165 6,368,206 6,028,980 1.142,260 661,597 577,447 10,989,685 10,104,199 8,610,188 100 240.000 225.000 700,000 Bklyn Elizabeth— date Apr. 4, 1941. 4,055,800 3,642,515 ns 144,756 66,500 290,700 374,600 3,733,900 11,029,400 6,506,600 7,232,764 143,603,621 6,662,366 57,517,651 Lafayette Nat Bank. d People's Nat Bank.. d 550,000 Brooklyn Trust Oo-. 8.200,000 Kings On Trust Go__ 500,000 National State Bank Central Home Tr Co Elisabeth Trust Co.. Union County Tr Oo Hoboken— d 400,000 dl,240.000 d 500,000 d 615,924 dl,114.345 80,421 303,105 72,146 97,120 471,941 8,133,850 18,008,471 4,129,186 4,527,749 15,367,298 500.000 303,540 3,218,119 20 1 25 12 1 50 First National Bank. 2,225.000 1,576,403 Franklin Nat Bank.. d 200.000 k 93,811 Hudson Oo Nat Bk— Common Preferred 671,506 1,250,000 2,000,000 Bergen Trust Co.... Commercial Tr N J North Bergen Tr Oo. Trust Oo of N J— Common 1 4 Mfrs 6c Trad 6 2 Preferred A 56,899,306 100 3,671,682 37^ 39,853,514 Tr Co- 1941. 4, 85 50 100 33* 100 "45" ~50" 50 100 67X 100 1560 63 600,000 1,812,384 4.000,000 57,776,724 6,000,000 65 American Trust Co.. A orris town Trust Oo Mt. Holly- 200,000 600,000 Onion Nat Bk&TrOo Farmers' Trust Oo__ 200,000 100,000 9 Tompkins Oo Tr Oo. d 2,268.892 1,180,611 12,210,845 16,628,574 375,000 650,000 200,000 502,705 5,300,000 10,150,235 575,834 12,073,389 2714 58 60 100 100 125 25 60 16 29 25 35 X 5 Jameatown— Common X 4 14,922 2,885,412 50 50 8,019,945 7,463,195 1,739,662 11,685,705 25 123 10 Preferred "A"_ Preferred "B" The First Nat Bank. Nat Ohautauq Oo Bk 2X 25 Trust 500,000 400.000 915,262 291,873 464,642 200,000 Oo— 9,718,190 4,609,596 6,636,701 100 15 125" First N Bkof Rondout 100 200,000 423,827 900.256 Bank of Kingston Bondout Nat Bank 15 50 150 50 3,424,204 1,688,184 56,779 416,788 78,021 87 1,194,163 11,710,241 8,091,113 1,251,452 100 25 250.000 150.000 525,000 155,536 110,096 541,963 542,270 1,884,724 1,309,691 4,248,629 6,955,421 8 1 45 2 3.000,000 1,452,713 57,049,726 National State Bank 500.000 2,503,073 35,298,075 Clinton Trust Oo d 526.980 0 2 4,466 3,822,793 Columbus Trust Oo. 304.000 164,933 2,316,692 Federal Trust Oo 1,622.500 1,236,643 38,880,538 Fidelity Un Tr Oo... d7,000,000 08,771,443 184,762,742 Merch & Newark Tr. 2,500,000 01.788,145 19,571,623 Union National Bk.. d336,300 k 140,970 4,727,334 United States Tr Oo. 600.000 0 602,668 6,436,115 West Side Trust Oo. 1.022,425 0 77,526 12,140,251 New Brunswick Nat'l Bank ofN J... : 852,500 547,168 12,013,964 Peoples Nat Bk 300,000 587,183 7,249,775 100 52 Ulster Oounty N 150.000 k 100 122,837 Banking Co 10 25 found in 56 our "Ra ilway" Sec tion, pps. Amalg Bank of N Y. 10 4 20X 16X ih if" 19 7 50 25 25 6 650,000 Bank of New York-6,000,000 Bk of the Manhat Oo 20,000.000 Bank of Yorktown: 1,000.000 Chase Nat Bank 100,270.000 Oomml Nat Bk & Tr 7,000,000 Fifth Ave Bank 500,000 First National Bank. 10,000.000 Grace Nat Bk of N.Y l.sno.nnn Preferred 159,697 25 N o Macy's Bank 100 re cent sa 1 1 les Merchants Bk of N.Y 400,00M Nat Bronx Rank.. d 745,000 National City Bank. 77,500. oon NatSafetyBk& Tr Oo dl,014,300 penn Exchange Bank 10 2,567,593 471,273 r30~" 10 North & West Hu dson— IstNat Bk of Un Olty 289,283 375,000 . d430,000 7.000.000 5.000.000 1.500.000 Public Nat Bk&TrOo Schroder Bkg Corp. 393,231 5,507.591 100,000 42,750 33,706 2,590.328 157,511 Nat Bk of W N Y— Oommon 15,966 1,436,441 100 95,860 325,374 166,120 315,000 ,033,081 1,738,718 13,882,684 4,334,819 9,012,661 10 1 100 10 175 27,044,605 100 Sterling Nat B 6c T.. ! Bank ef Weehawken Liberty National Bk Gut ten berg Oom-Mer Tr Un Oity 100,000 1,000,000 100,000 Weehawken Tr Co 400,000 Huds Tr Oo Un Olty. dl,935,000 el Gutt'b'g Bk & Tr Oo . Passaic— Passaic N Bk&Tr Oo dl,875,000 2,863,597 Peeple's Bk 6c Tr Oo. 1,000,000 0 485,854 50 [ 50 169,186 71,192 0 711,496 69,091 Trust r50 3 6 co returns 5 7 25 3X 4X 34,666,815 12 H 6,745,064 a 25 31X 33 25 100 N o 100 100 re cent sa lee ... Preferred. U 8 Trust Oo— Oommon Preferred.. 600,000 594,000 126,979 600,000 750,000 513,106 15,048,481 1100 1 60 100 1,673,643 20 3,060,956 50 16,520,505 50 19,311,884 25 28,134,233 50 7,643,585 58 \ 62 loo" "65" 25 25 12 70 28 Nat Bank. 970,000 Nat Bk. d3,079,000 618,980 2,856,429 200,000 44,000 k 200,000 73,499 Trenton Banking Oo 1,500,000 1,195,891 Trenton Trust Oo.. dl.874,000 618,940 Prospect Natl Bank. Security Nat Bank. 14,372,134 55,465,127 1,463,000 1,766,789 42,273,718 27,545,059 6 r 12X- 18 22 50 100 10 40 100 100 15 50 10 4X 20 40 1 Lawyers Tr Oo Mfrs Trust Oo: Oommon Convertible pref__ 200.000 100,000 100,000 601,607 470,075 246,289 3,392,056 3,648,519 1,445,507 50 4H 20 30 45 Jamaica. L. I.— Jamaica Nat Bank., 2 101 50 * NEW YORK April 4 State is 62 65 iol b d Institutions 16,746,764 345,400 464,555 5,036,316 20,258,772 427,800 2,586,900 335,739 1,458,339 2,927,700 1,610,400 187264,287 369,955 53,830,700 20,603,381 1,827,513 2,000.000 1.976,816 Albany— Mech & Formers Bk. 250,000 Nat Com Bk & Tr Co 1,500,000 State Bank of Albany 2,000,000 First Trust Company dl,950,000 f 0 Nomi nal. Per share. 1,558,454 3,832,165 6,048,003 74,039,951 4,054,095 103,507,639 690,860 32,440,964 100 66* 42 3447507000 13.55 28 H 35i 100 10 14X 359"" 15 M "30X 176 149,325,000 100 170 660 700 62,564,000 1430 1470 823,461,000 100 046,721,400 0 4,905,700 "130"" 150"" 0 7,062.200 46 50 011.265,500 26 24X 2897915 000 12 H 13 16 020,441,200 14 17 0 4,118,000 28 29X 149,334,000 17X e21,135,309 034,034,000 "25 "23X "25X . 12l1 100 650 410 100 50 240 20 24 14X 94 43 X 30 83,644,688 9,350,600 15,571,846 77,605,124 397,254,815 25,300 76,850,800 1,694 12,395.615 27,820,100 23,684,600 2408782,814 5,370,178 794,770.800 688,826,205 22,510,722 47.392,077 35" 10 14 42 43 ' 43 K ~46X __ 198 208" 264 269 10X ~iix ... 26 34X 51 467,500 12 12X 8,749,520 d 1SX 91 41X If 36 X 53 4X 91 I.12 ~29~~ 1 H 17 "94"" 2 H 21 *80 " *90" 1340 1390 4,408,000 Sale price. Includes security stock. Oommon and preferred stock March 31, or capital debenture" outstanding. 1941. April 4, 1941. h Preference B stock. < Controlled k Dec. 430 260 "49X ~51X 32,998,440 141059,945 928,964,022 f Reserves. April 4 w 218 t Quotation for the Marine Midland Corp.; none available for trust co. ® Only outstanding stock of People's Bank & Trust Oo. of Passaic, N, J. 51 par pref. stock of the Realty & Security Oo. e National Banks an d 100 7,692,600 259,461,000 703,341,000 0 7,892,028 0 Oommon 6,000.000 11,083,700 19,381,000 Debenture notes.. 5,656,595 Trade Bank & Tr Co. d 686,000 454,600 11,366,000 Trust Oo of Nor Am. d 650,000 365,681 8,651,485 Underwriters Tr Oo. 1,000,000 1,047,392 17,091,050 U S Trust Oo of N Y 2,000,000 28.864,000 129,295,700 Mechanics Woodhiirv Trust Oo 217 213,214.215 Marine Midi Tr Oo 6,000,000 10,061,415 166,126,136 New York Trust Oo 12.500.000 28,039,592 588,618,186 Pan American Tr Oo 600.000 172,800 6,811,400 Savings Banks Tr Oo d29.997.000 7,802,200 245,285,000 Title Guar & TrOo— Woodbury— National Bank. First Nat Bk 6c Tr Oo and ty banks are repo rted net 1941 rofits are of dau Apr. 4, State banks, a di riaend record rk City and Broo klgn m ay be . TrentonFirst-Mech 84,100 14,207,684 27,068,300 888,450 149999,333 8,854,900 4,250,910 109258,200 2,227,000 380,700 354,100 357,200 85,762,218 985,700 396,100 11,949,655 2,936,466 2.236,700 Chemical Bk & Tr Oo Olty Bank Farmers' Trust Co.. 10,000,000 Clinton Trust Oo d 700,000 Colonial Trust Co 1,000,000 Continental Bk&Tr. 4,000.000 Oorn Ex Bk & Tr Oo 15,000.000 Corporation Trust Oo 500.000 Empire Trust Oo 3,500,000 Equitable Trust Oo. 500.000 Pederatic n B k& Tr Oo 825.000 Pulton Trr«t Oo 2,000,000 Fiduciary T» ust Oo. 1,000.000 Guaranty Tr. st Oo.. 90.000.000 Hellenic Bk & Tr Oo. 1.000.000 Irving Trust Oo 50, nw.ooo J P Morgan & Oo Inc 20,000,000 Schroder Trust Oo__ 1,000,000 26 160 8,854,096 / 25 I12*i 18,476,519 /100 les 100 4, 1941. Apr. 500,000 237,500 5,348,100 1,300.000 962,116 13,844,213 1,000,000 637,686 92,794 25,000,000 83,999,400 1319279,100 d2.642,500 254,000 24,705,200 21,000.000 75,370,127 1308156,292 20,000.000 58,095,500 895,829,000 . Paterson— First National Bk— 680,000 690,351 440,000 85,000 84,826 283,000 54,032 600.000 1,685,640 1,500.000 971,373 dl,990,000 01,527,199 150,000 553,821 cent 100 date, Bk of Athens Tr Oo. Banco dl Nap Tr Oo. B'kof Montreal Tr Oo Bankers Trust Oo... Bronx Oounty Tr Oo Cent Han Bk&Tr Oo 20 5,560,809 1,381,954 18,411,090 4,721,054 re sa 25 Plainfield— Piainfleld Nat Bank. 415,000 Mid-Olty Trust Oo 100,000 Plainfield Trust Oe._ dl,150,000 State Trust Oo...__ 247,500 0 10 100 I New York City- Deposits N ew York Ci are of May 28, 1941. Sur plus and p for National and 1941, for Apr. 4, of banks and trust companies in New Yo 14 490 100 25 h 12 8 19 10 <50 Kingston— 50 Kingston Trust Co.. New Brunsw TrOo— Oommon 3X r20 102 X 425 20 8tate of N Y Nat Bk 467,342 98,248 150,000 600,000 884.000 { * "loo"" 110 Union Nat'l Newark ~17X Ithaca— First National Bank. d 363,157 483,690 36,393 813,578 500,000 542,552 Lincoln Nat Bank Franklin Wash Tr Oo Mt Prospect Nat Bk. Nat Newark & Essex Paterson Sav Inst Prospect Pk Nat Bk. Citizens Trust Oo— Oommon 15X 4X 20 250.000 240,000 75.000 Elmira Bk & Tr Co_. NewarkBank of Commerce of Preferred Haledon Nat Bank.. Nat Un Bkof America Paterson Nat Bank.. Second Nat Bank... 7 9 Bank of Jamestown- 230.000 0 ... 6 10 800,000 800,000 3 30 1,527,223 12X 72,673,411 25 910,177 50 0 52,056,772 180,182 2,596,005 12.40 7,064,309 107,568,001 10 6,772,417 169.940,257 t 32 t <8.500,000 Elmira— Hhemunc: Oan Tr Oo 25 74,639 3,400.000 03,703,721 30.417 100,000 100,000 Long Branch Bkg Oo Morrlstown— First National BankNational Iron Bank. 6c "4X 3 Long Branch— Farm 4X Debentures 2,500.000 Lincoln-E Side N Bk d 200,000 i 3 10 10 2,200.000 12,679,128 Oommon Jersey City— Broad St 50 t Liberty Bk of Buffalo 15 Marine Trust Oo Seaboard Trust Co.. Oommon 1275 - 100 Buffalo- ■llsabethport BkgOo Preferred Hamilton Nat share. 100 100 Tru st Co. retur banks Apr. National Bk d 200.000 213,000 Nat, Bank. d Oltlsens Bk of 200,000 138,353 400,000 d Per 48?,074 Brooklyn—State B anil: A 3 10 3 Ask Nomi nal. 1 r s 31, by Marine Midland 1940. Last sale. Preferred stock retirement price, 29. 1940. June Oorp. National Batiks new york April 4 tbust and banks June, 1941] 107 companies State Institutions National Banks April 4 April 4 National Banks north dakota April 4 Surplus <fe Capital Surplus & Profits Oross Profits Deposits Capital Ask Bid Par Deposits Oross Bid Par Nom. Nomi nal. Per Rochester— Lincoln-Allia Bk&Tr Common 400,000 I 965,421 711,320 Preferred Genesee Vail Tr Oo__ $2,151,000 527,298 Boch Trust & 8 D Co 1,000,000 2,437,563 e 800.000 2,527,725 Security Trust Co 10 I 60 500 n National Banks 25 3.000.000 11,168,977 48,993,716 800,000 Capital notes Union National Bank Cltlsens Trust Co— 270,000 230,000 400,000 300,000 Schenectady Tr Oe__ 750,000 __ Preferred n sa re cent i 244,360 10 6,377,382 f 10 I 380,013 540,675 1,552.325 fflO Dec. 31 200"" 100 ... } 403,865 979,976 828,256 1,200,000 Merch Nat B & T Co 750,000 26,658,676 20 20 Dime Savings BankFirst National Bank. 35 $3,987,948 Common 1,573,704 51,731,630 1 2X First National Bank- 28.983,846 4X 7X Capital notes ^1,172,219 u° Bank & Tr Oo Troy— Manufactur Nat Bk. Troy Trust Co $1,400,000 600,000 $ 500,000 $ 294,000 1,483,894 1,076,938 246,513 178,390 19,793,197 < 25 25 14,735,241 6,857,799 161 50 4.094,312 45"" 35 7 9 'II"" People's Bk St 8v Oo Prev 8 Bk & Tr Oo Second Nat Bank.. 9s Ohio 8 Bk&Tr Oo Western Bk & Tr Oo Utlca— FirstBank & TrustCo | 554,004 600,000 100,000 Preferred 215,000 2,500,000 | 695,753 X 33,707,934 Preferred Central Trust Oo Ptfth-Thlrd-Un Trust Cleveland— Oneida Nat Bk & Tr Common 12,179,791 20 25 { 20 20 17 Bk 143,400 396,000 $ 4,661,862 20 4,524,486 i 35 N Watertown Nat Bk— 210,000 88,400 Preferred. J 175,195 \ 40 rec 500,000 lo 641,929 160,000 Capital notes Westchester Oo— ent 11,161,476 sa {<25 20 Bronxville Tr Co Mount Vernon— $ First National Bank. $ $ 134,248 157,471 200,000 Bank Mt. Vernon Tr Co.— $1,020,000 9 14 100 90 120 100 80 100 100 2 3,809,764 4,880,675 703,069 169,323 947,358 600,000 20 25 12,056,944 3,328,712 6,271.342 New Rochelle— First Nat Prnk Huguenot Tr Oo $ New Rochelle Tr 148,350 432,385 86,893 644,919 115,000 300,000 329,200 800,000 $ $ 10 100 290 75 85 10X 145^ 147H 1 IX si* 28 20 138 96 6,358,846 100 Amer Sav's Bank 300.000 0 250,721 50 60 100 10 100 100 157 125 100 29 10 30^ 5X 100 87 89 100 96X 98 X 230 J 20 7X 9X ,496,014 158,313,639 1 16 024 100 "45 2,613,022 588,451 92 100 7,532,265 779,841 60 5 6,331,627 160,664 20 24 26 5,431,735 207,553,356 100 12 1,076,687 56,827 1,654,426 80,052 5,000.000 7,360,000 Lorain Street Bank. I1 250,000 400,000 467,000 Equity Sav & L'n Co $ 0 Capital notes Union Bk of Oomm Union 8av & L Co 9,000,000 180,000 100,000 457,482,542 13,800,000 f *6921,047 12,600,000 4,000,000 a3,289,385 43,125,074 3,130,263 900.000 274,719 100 72X 100 55 100 7 77 X 10 Columbus— 1 2,494,479 4,948,937 1,678,886 14,499,620 100 100 235 250,000 k Brunson Bk & Tr Co 10 1^ 10 7 31,914 City Nat Bk & Tr Oo $1,600,000 Columbus Saving Bk 100.000 2,312,970 177,938 200,000 174,836 2,820,201 214,378 120,283 3,721,360 Fifth Ave Sav Bk Co 6 Central Nat Bank... 100 213,905 100 Cleveland Trust Oo Common Nat Bk & '200.000 350,000 10,534,665 3,267,379 2,217,588 170,837 8,181,281 106,721,900 1,623,128 277,681 1,493,596 145 50 100 100 National City Bank North Amer Bk Co. The Bank of Cleve.. les Bronxville— Tr Co 60 100 6,602,104 500,000 239,103 12,937,844 150.000 1,459,464 2,563,701 500,000 271,871 3,712,422 $ 500,000 422,564 1,800,000 13,925,131 51,469,518 1,000,000 1,344,253 24,048,523 9,147,064 500,000 714,740 01,550,000 460,318 12,182.595 95,264,978 5,000.000 12,648,627 06,350,000 14,544,752 130,921,881 Preferred Clev Sav & Loan Co. o Y Tr Oo Common 2,749,290 20,921,211 5,017,336 12.662,650 250.000 Common Common les Central Nat Bank— Watertown— Jefferson Co Nat cent sa 100 $ Lincoln Nat Bank.. .« erthslde Bk & Tr Oo National City Bank. Union Nat Bank re 100 6,000,000 Guardian Bk & S Co. 1,000,000 1,400,000 5 5,455,329 17,697,350 33,210,842 Norwood-Hyde Park Syracuse Trust Co.. Common o 400,000 200,000 173,350 $ Columbia Bk St 8 Oo 0 First Trust & Dep Co N 300,000 324,498 970,000 1,476,180 436,325 t 232,469 500.0001 838,294 $ First Tr & Sav Bk._ CincinnatiAtlas Nat Bank Oinn Bk St Tr Co... 36 40 32 11,614,646 share. 100 19.525.387 Canton- 100 100 8,380,977 8,168,182 18,090.881 les Institutions State Per 200,000 470.000 Capital notes First-Central Tr. Oo. $1,050,000 <1.551.701 100,000 Goodyear State Bk__ 133,669 Firestone Pk Tr&S B 600.000 t 814,751 {<30 Syracuse — Lincoln Nat B & TOo Fleetwood 100 25 o Nomi nal. Common Geo. D. Harter Bank Gramatan N Akron- 8chenectady— Mohawk Nat Bank— Northern N 100 Dime Savings Bk Oo Common share. 100 2,607,043 2,128,941 7,259,339 3,610,657 OHIO April 4 20 Onion Trust Co: Common 153,452 101,237 319,567 204,678 175,000 100,000 350,000 150.000 e 68 52 10 I 17,723,028 32,692,166 36,187,410 Bank.. 10 400 17.068.656 Central Trust Co— Common 8 20 78,044,486 Per $ Fargo— Dakota Nat Fargo National Bk.. First Nat Bk & Tr Oo Merch Nat Bk&TrOo 23 50 26 50 2,800,000 ,3,519,768 2,000,000 4% Con v.Preferred share. Ask prices Huntington Nat Bk. $3,000,000 200.000 Northern Sav Bk.. 100.000 Market Exch Bk Oo. Ohio National Bk_. 64.000.000 3,212,608 100 10 35,623,241 100 1,915,980 2,885,161 &100 62,646,768 100 4,123,895 100 100 1,811,242 90,121,905 6 20 110 21 155 60 190 22 X 165 67 220 Dayton— Merch N B & T Co— 200.000 350.000 217,193 101,676 o 20 1,870,741 2,481,786 Preferred 100 40 330,330 Third N B & Tr Oo.. 9,127,260 900,486 300.000 1 180,000 740,000 Common Ossining— First Nat& Tr Co Ossining Trust Co— 18,722,196 {100 "25 97 "29" Winters N B & Tr Co Peekskill— 64,133 170.000 Common... 1,765.429 Wee tehee Co Nat: Common Preferred 503,837 100,000 Commerce-Guard Bk 8pitzer-R T & S Bk 50 4,667,987 500.000 45,104,299 /100 \ 60 95 .... Toledo— 50 30,000 Preferred Preferred 50 1,034,586 1,500,000 725.000 Common Peekskill N B & T Oo Ohio Citizens Tr Co. 10 10 15 Toledo Trust Co.. 20,595,412 3,661,389 906,388 15,702.052 600,000 ! 5.000,000 *3,303,890 110,343,419 1,000,000 *1,012,413 331,876 300,000 33i 32 H 50 20 $ 50 "39 55X Voungstown— Rye— Rye National Bank.. Rye Trust Co... 56,035 118,343 500.000 185.000 Tarrytown— Tarrytown N Bk & Tr Wash Irving Tr Co. 86,709 381,06^ 200,000 600,000 Dollar Sav & Tr Co— 8 5.192,985 1,917,050 1,280,000 t* 682,553 1,000,000 Capital notes— 585,392 Mahoning Nat Bank $1,500,000 Union Nat Bank.. 1,250.000 2,538,691 Common 50 100 10 35 45 30 40 100 16 21 6,094,777 f 25 1 25 2,306,431 3.472,724 Ctfs of Tr Ben Fund Cltlsens 77,698 7,829,708 200,000 I 225,076 150,000 750.000 1,285,967 24 20 25 30" 672,607 6,635,096 10 15 20 >. Peoples N B & T Co: Common Preferred County Trust Oo 25 13 15 100 130 150 510,000 1,000,000 }' 300.774 7,665,041 25 4M Capital notes National Banks April 4 Institutions State OKLAHOMA April 4 nal. Yonkers— Central Nat Bank First in National 350.000 — Bank 951,749 300,000 Yonkers 18 10 10.999.173 23 Yonkers Nat Bank & Trust Oo— 316,076 162.000 388,000 Common Preferred — 8,443,041 share. Guthrie— 75,000 ""sr north carolina April 4 Nomi nal. Per share. 4,448,748 20 675,134 16,357,236 8,976,870 692,084 1,982,825 102,152,183 100 225 100 100 305 332 335 88,269 1,298,552 197,660 417,412 0 138,745 210.000 70,521 1,736,085 14,048,412 3,660,617 7,083,704 2,294,457 1,046,221 100 76 76 25 74 76 20 24X 26 X 200.000 800,000 7,226.030 19,445,939 200.000 500.000 300.000 1,200.000 Union Nat Bank American Trust Co.. Durham— Fidelity Nat Bank. 0 0 Bank Heme Savings Bank. Mech St Farmers Bk- 0 150,000 500,000 200,000 300,000 100,000 0 268,912 0 100 25 "45" 48"" 25 239,081 592,411 469,183 3,114,624 3,927,758 5,169,387 418,100 3,995.946 328,672 1,009,244 62,312 484,780 19,994 7,895.909 66,905,439 7,650,114 21,645,806 1,589,713 15,902,607 1,783,706 3,449,958 54,695,913 411,995 6.488,522 5,000,000 500,000 Fidelity Nat Bank.. Liberty Nat Bank.. $1,200,000 100,000 Oklahoma Nat Bank. 500,000 Tradesmen's Nat Bk 75.000 Stock Yards Bank— 10 10 Preferred - 125,000 I 175,000 350,000 177,549 — 62,747,136 Wllm Sav St Tr Co.. 119,593 804,563 3,371,877 7,428,801 25 30 35 c 10 30 35 $ 400,000 11,506,371 Wilmington— People's Sav Bk Sc Tr 25 21,654,172 1100 260 83 88 100,000 300.000 Wilson- Na* Bk of Wilson basis. May 15, 1941. BancOhio Corp. Capital account. d June 29, Common and preferred stock or 1940. debentures outstanding. f Dec. 30. 1939. Tr Oo — a b Member of the 0 383,390 17 25,589,377 2,132,421 650,000 100 100 5,162,487 2.700,000 13,905,523 600,000 17,855 25,000 $ t Toledo banks on a price range se 100 Nat Bank of Tulsa— West Tulsa 8tate Bk 16 2.000.000 Common Preferred. .L 355,985 570,126 25 Tulsa— First Nat Bk & Tr Oo Fourth Nat Bank— Common Raleigh- Preferred 100 200,000 City Nat'l Bk&Tr Co First Nat Bk & Tr Oo Nat Bk of Oora'erce Greensooro— Brknch Bkg & Common 2,978,363 2,582,464 100,000 300,000 400,000 Commercial Nat Bk Firs* Nat Bk & Tr Co Oklahoma City- Institutions Asheville— Cemmerclal Nat Bk. 100 325,717 163,728 Muskogee— Citizens National Bk First Nat Bk St Tr.. Charlotte— 2,498,271 1,377,763 100,000 100,000 First National Bank. First State Bank.. MeAlester— First Nat Bk of McA 20 100 232,360 143,232 100,000 Nat Bk of MeAlester 10 h State Cltlsens' ±X 29 21,323,443 784,000 $ 12 X 39X 50 0-2-. Common Bank {. 16,501,332 24,766,280 Own City Tr St Sav Bk— White Plains— 16,099,876 g h In 2,511,746 25 106,146 156,330 3,441,787 2,401,645 5,109,321 10 12 J* 15 n 10 15 17 0 Dec. 25 49 53 s Branch of Smithfield, N. C. < Controlled by Marine Midland Corp. Winston-Salem— liquidation. 270,101 100.000 200,000 City National Bank. 200,000 First National Bank. Wachovia Bk St Tr_. $4,275,000 Retirement price. 285 0160 1160 100,000 0 Member First Bank 31, k March 26, 1940. Stock Corp. 1940. r Reserves. * April 4. 1941. 108 BANKS National Banks Surplus & Profits Capital April 4 Cross Par Deposits Bid 527,200 11,049,772 100 Nor Side Portland Tr A Sav Bk 300,000 United States Nat Rk 100 100 4.500,000 140 40 43 20 7,524,163 136,126,241 427,909 5,833,784 6,629,902 172,344,931 3.000,000 37 40 145 Deposit Bk Pitt National Bank. Polithanla State Bk. SheradenABank St Clair Deposit Bk. Union National Bank National Banks Union Savings Bank Western SAD Bank PENNSYLVANIA State ^Institutions Allegheny Trust Co. Nomi nal. Per share Allontown— 1,929,725 2,004,021 1,318,784 986,266 1,000.000 1.000,000 450,000 500,000 Allentown Nat Bank Merchants Nat'l Bk_ Second Nat Bank.. Lehigh Vail Trust Co 15,874,230 10,406,109 5,854,774 7,921,391 100 135 34 25 ie 145 37 19 22 100 100 110 Altoona— First Nation'l Bank— Common. 150,000 ... Preferred 284,900 100 J 292,544 100 105 100 Altoona Trust Co- 250,000 1 263.390 249,300 Common........ Preferred Central Trust Co... 534,933 5,215,209 10 12 13 309,366 3,332,513 10 100 95 100 Par ,500,000 42 080,809 418,939,444 105.950 244,188 2,041,189 200.000 197,770 2,013,039 700.000 855,746 12,185,232 126,376 200,000 1,226,591 50.000 184,000 1,434,000 200,000 158,031 1,673,770 I.OOO.OOP .231,825 42,358,908 .000.nor ,389,790 36,293,673 554,557 490.000 4,160,231 428.951 700.000 6,069,465 ,555,113 33,226,057 !,455,600 ,817,380 22,056,629 .500,000 149,544 125.000 2,919,233 .000.000 ,249,318 30,629,367 Nat Bank of America First National Bank. Cross Deposits Bid Pittsburgh— (Concluded) Mellon Nat Bank Portland— Surplus Profits Capital Ask Nomi nal. Per share. $ $ 200.000 EugeneFirst National Bank. COMPANIES TRUST State Institutions OREGON April 4 AND Colonial Trust Co.. Oom'wealth Trust Co Dormont SAT Co. Fidelity Trust Co... Manchester Savings Bank A Trust Co. 409,915 250.000 2,838,403 Ask Nomi nal. Per share. 100 16 25 40 22 16 50 „ 65 50 10 "166 73" 25 50 114 4X 100 50 100 100 100 60 "30" 36 65 59 63" 60 65 40 25 84" 80 50 27 People's-Plttsburgh Trust Co. Potter Title A Tr Co Provident Trust Co_ .000,000 11,528,727 109,024,510 510,721 845.000 8,208,240 150.000 258,993 2,371,338 463,004 125,000 1,884,636 .500.000 103324,502 334,306,313 500.000 i 1,429,415 6,733,388 200.000 198,259 1,909,710 175.000 i 88,682 2,185,280 8011th Hills Trust Co Union Trust Co Washington Tr Co.. West End Bank. William Ponn Tr Co. 20 28 5 7 85 100 100 29 8X immmm 90 100 6200 50 5 30 10,350,616 50 75 7,207,678 22,242,479 4,718,246 19,603,628 6400" 106 10 50 10 Workingroan's Savgs Bank A Trust Co. 400,000 i1,231,631 100 BrieBank of Erie 200,000 First National Bank. dl,060,000 Lawrence Park N Bk 50,000 Marine Nat Bank. dl,246,000 Nat Bk & Trust Co. 172,637 829,060 49,516 280,110 350,829 300,000 . 1,436,288 17,208,873 948,999 7,879,249 4,886,600 499,884 17,835,143 114,784 1,944,723 50 3.037,568 5,384,482 7,299,382 5,396,537 1,270,889 15,821,202 15,528,300 1,525,038 ReadingUnion National Bank ed2090.000 10 10 Berks Co Trust Co.. Common Preferred Union Bank (The).. d 300,000 1 721,850 200,000 50 I I a50 50 Harrisburg Allison-East End Tr. 396,510 300,000 300,000 400,000 125.000 Capital Bk & Tr Co Harrisburg Nat Bank Central Trust Co Citizens Trust Co Dauphin Dep Tr Co Harrisburg Trust Co 400,000 400,000 225,000 Market St Trust Co 175,764 531,305 853,675 928,920 38,122 ,430,087 ,461,800 99,536 512,208 1.170.300 2,435,812 Soranton— E Scranton 8tate Bk 14 78 67 JO 37 68 41 25 50 15 16 10 12 400,000 600,000 Fulton Nat Bank Lancaster Co Nat Bb 550,000 Farmers' Bk & Tr Co Common 300.000 71,940 300,000 Preferred Northern Bk & Tr Co 1,024,067 1,027,892 779,017 531,380 57 20 60 11,475,676 12,061,930 9,795,838 20 47 50 50 102 105 7,587,987 10 12 14 250,811 10 1,811,099 ~~4X 29X 12X Common........ 332,750 167.500 180,242 22 305 38 X Philadelphia Nat Bk 14.000.000 33,829,281 659,355,482 Roosevelt Bank..... d 20 269.818 i 125,230 3,064,781 6 500.000 1 Common Preferred 249,630 7,979,171 ...... Preferred Tioga Nat Bk A TrOo d 12 200.000 1 70,000 400.336 77,002 14 120 9 12 7H 9X ux 372i 50 100 100 '185"" 135 First National 1,442,366 Common........ 200 141 180 2,650,847 5,295,464 6,506,349 20 25 10 30 10 16 20 li 202,388 2,660,653 10 380,248 603,711 191,038 567,563 1,006,498 589,874 795,870 1,379,059 3,455,573 9,306,457 1,833,894 6,663,119 6,959,339 7,508,995 5,221,801 8,760,983 10 25 14 50 44 46 10 35,826,624 I 300.000 500.000 *no,or>r 750.00 0 10 10 100 20 25 25 10 7X 21 22 20 X 19 17% 16X 195 62 206 65 40 X 58 42 X 60 22 23 X Nomi nal. Per share. Newport— Common... 400,000 1 398,692 7,081,768 Newport Nat Bank.. Newport Trust Co.. 152,500 120,000 300,000 89,488 455,232 722,669 2,719,312 Providence— Blackstone Can Nat. Columbus Nat Bank: 500,000 1,046,405 111,435 If 100,522 88.565 120,000 266,721 Common Preferred 25\ 16^ 18X 1100 50 12,505,933 6,945,570 21,346,456 14,962,616 8,922,485 "33" "36" 50 10 16 100 50 495 515 79 84 10 2H 30^ 100 287 19 3% 33* 39 100 100 100,000 200.000 6X 5 125.000 Mechanics Nat Bank 2 Common.... J 25 341,999 52,812 4,851',897 1,224,411 16X 4M 10 60 100 150 6,460,309 25 78 2.001.239 /10 10 2,151,541 50 476,767 593,695 448,001 991,089 250,698 524,627 6,288,878 10,190,436 3,316,324 903,313 1,767,402 2,559,521 *60.000 450,000 1,500,000 4,000.000 125,000 2,500.000 5,000.000 ',000.000 98,016 1,568,200 100 20 16 208,177 5,191,260 J 25 125 50 "76" '81" 853,643 10,208,845 120 50 115 909,341 5,008,615 290 3C5 100 2,475.856 16,578,210 166 173 100 il0497,431 124,992,518 33 25 •221,260 1,534,867 3,209,441 68,932,909 *100 1000 2350" 2500 12,055,086 41,161,732 145 135 100 1,428,889 27,647,216 d 435.000 321,898 1 U il f « 1100 iW 165 c 65 32X 377,638 100 5,417,909 I 50 75.000( J t 50 March present 53 4,455,226! share. 0 rec ent sa let price, 20, 1940. National name after the merger. i Member of Northwest Bancorporation. 8tock all owned by Rhode island Hospital I Last a50 o New t June 1 N Bank, both of Reading, Pa., to vote June 26, 1941 on a plan of absorption of the latter bank by the Berks County Trust Co., which will retain its 105 >1 100 6,377,707 4,133,431 plOO 11,272,922 /100 100 1,566,290 d OommoD and preferred stock or debenture* outstanding. e Stockholders of the Berks County Trust Co. and the Union ...... 10 60 309,078 258,076 538,677 56,619 Sale price. Preferred stock retirement b A mutual savings bank, 5 60 * Per 375,000 250,ono 500,000 150,000 a 80 50 Nomi nal. Sioux Falls— 175 25 "120" Woonsocket—- First Nat'l Bk A Tr. d Nat'l Bank of So Dak Northw't Sec Nat Bk Union Savings Bank. 170 100 12 alO 10 Na'X'ifTks SOUTH DAKOTASto%'$;Tofl" (5) 155 81 5H 95 100 a25~~ "~60~" 18 X IX 100 30 125 385,875 1 114,125 Preferred NatBank of OomATr Pbenlx Nat Bank Providence Nat Bank Industrial Trust Co. Lincoln Trust Co Rhode I Hos Nat Bk. Rhode Isld Hos TrCo Onion Trust Co..... 302 25 200.000 7H Aquldneck Nat Bank 52 10 60 300,000 115 71 185 15 40 Keystone Nat Bk— 100 237,046 387,110 500.000 High 8t Bk A Tr Co 36 at Common.. Pr el erred 53 69 mX^T"s RHODE ISLAND s,"",^i;ron' 6 50 200,000 .. 51 50 448,049 225.000 W>rk Trust Co 4X 49 y2 2M 200,000 100.000 200,000 500,000 Bank 108 40 250,000 250,000 225,000 250,000 190.000 150,000 Preferred Drov A Mech N Bk First National Bank Indus N B West Y K Western Nat Bank. Vork Co Nat Bank., York N Bk A Tr Co. Ouardian Trust Co.. 25 125,000 307,750 200,000 i Pittsburgh Iron A Glass Dol Sat 100 Cent Nat Bk A Tr Co 33 50 10 50 300.000 i Forbes National Bk Home wood X 9,529,814 1,712,122 22,644,673 14,702.660 4,299,000 7,768.776 500.000 Bank 10 8,400,000 14,791,303 283,980,265 750,000 1,229,873 564,139 3,200,000 12,012,397 57,803,464 1,500,000 2,529,331 10,472,117 Fourteenth St Bank Freehold Bank—. (The) 25 37 60 55 500.000 Willlamsport N Bk.. 10 First Nat Bank A Tr Bk 1,965,827 35" 34 Willlamsport— 10 500,000 HU1 Top Bank "33" 75 9 100 230,353 3,110,976 Arsenal Bank 266,282 1,524,898 Bank of Ohio Valley. 102,217 903,159 Braddock Nat Bank. 993,939 11,675,162 Dollar Savings Bank ^ 6,545,163 57,664,215 Farmers Deposit Nat 6,000,000 11,736,283 118,292,300 First National Bank 6.000.000 7,523,802 128,680,570 Pitts.. 25 25 25 935,307 156,042 5,505,587 2,299,745 338,000 723,394 200.000 Pittsburgh' Allegheny Valley Bk. 4,675,427 16,799,010 2,926,706 Preferred 115 Land Title Bk A TOo Common 1,875,000 12,349,275 Preferred. 6,500,000 Liberty Title A Tr Co 1.000,000 1,242,270 Mid-City Bk A Tr Co 1.500.000 655,186 Ninth Bank A Tr Cod2,188,000 529,308 Northern Trust Co.. 500,000 3,153,973 Nor Phlla Trust Go. 500.000 12X -"5" 25 Sonsltaly Bk A Tr Co 811,690 1,015,805 610,979 5 25 2,500.000 1.000,000 5X 11 100 Security Bk A Tr Co 72 ------ 2,786,674 Real Est Tr Co 34 25 20 4,132,478 3,300.00< 5,053,610 58,802,847 Wyoming Bk A Tr.. d 300,000 i 128,371 3,568,103 Broad Street Trust.. 400,00( i 521,627 3,091,291 Chestnut Hill T A Tr 250.001 93,612 1,840,219 Citizens A So B A Tr 125,000 t 13,813 680,320 Fldellty-Phlla Tr Co 6.700,00c 14,108,449 141,989,723 Finance Co of Pa 2,320.000 9,160,039 1,231,744 Frankford Trust Co. 600,00c 1,748,711 12,641,466 German town Tr Co. 1.400,000 2,254,075 22,312,051 Glrard Trust Co 4.000.000 10,619,169 137,424,677 Industrial Trust Co. dl.132,250 709,709 11,715,400 Penn W'h'gASDOo 30 100x, 104X 30 164,732 Bank A Trust Co. Provident Trust 50 10 Tradesmen'sNational Penn Co for Insur on Lives A Grant Ann 3,144,607 750.000 i Miners Nat Bank Becona Nat Bank... W-B Dep A Saw Bk. a25 10 650,000 South Phila Nat BkOommon 3H 50 Second Nat Bank— 41X .... 25 216.296 York320 19 25 4,377,073 22 50 Wilkes-Burre— West Branch Bk A Tr 290 69 20 911,680 \ 150,000 178.375 Hanover National Bk 50 ...... Preferred 32^ 15X 42X 305 , < First National Bank Philadelphia— Oentral-Penn Nat Bk 3,040,00( 7,289,275 77,482,946 10 City National Bank. dl.100,700 295,050 10,793,423 50 Corn Exch Nat Bank & Trust Co 4.550,000 9,630,238 134,111,980 20 Erie National Bank. d 440,000 150,199 60 5,716,035 First National Bank. r3.lll.00i 6,753,216 114,925,330 100 Kensington Nat Bk. dl,147,867 50 467,911 11,783,945 Market St Nat Bk__ 1,000,000 4,367,960 41,732,775 100 Nat Bkof Ger & Tr Oo 400.000 2,600,316 16,056,701 10 Nat'l Bk of Olney— Common 113,000 I 83,442 2,566,168 f 10 Preferred 87,000 [ 10 North Broad Nat'l Bb 250,000 225,788 10 2.636,495 Northeast Nat Bant 200,000 60 310,844 5,346,729 Northw'n Nat Bk— 23 21 63 250.000 Wyoming Nat Bank. 10 18 59 [i 205,032 25,000 400.000 Common 16X 20 1.000.000 West Side Bank.... Penna Trust Co— 16 18 I 200.000 South Side Bk A Tr. Third Nat B A T Co- Preferred. Oonestoga Nat Bk.. Haselwood I 7 11 50 15 V 200.000 Preferred 50 50 Lancaster— Co of East Bank... 6X 10X 25 4 050.000 Scranton Nat BankCommon 10 5 10 10 1,495,814 61,608,798 1,638,597 2,985,922 215,818 5,325,180 155,265 300.000 I 326,367 300.000 72,259 200.000 First National Bank. Green Ridge Bank.. North Scrant Bk A Tr. Providence 4 J2X 10 25 696,033 1,697,353 300 000 Reading Trust Co.. 15 8ecurlty-Peoples Tr- el.SOO.OOO City Bank A Tr Co.. 100 100 6623 Dec. 31, 1940. i Trust Co. sale. stock. 29. 1940. p Affiliate of the First " x Ex-dividend. Bank Stock Corp. and banks June, 1941] I m"%ar'utk' south carolina Surplus A Profits Capital Deposits Charleston— Per 200,000 50,000 779,769 325,539 44,812 Miners A Merch Bk. u share. 11 Preferred 1,320,000 11,341.449 47,148,888 880,000 i _ Columbia— First Nat Bk of ColLower Main St Bank Greenville— First National Bank. 200.000 35,000 189,057 315,794 u 110 125 / 10 (100 y 16 10 x 25 7,355,189 5,102,617 20 54 62 10 34 X 36 200,000 94,376 4.380,236 20 162,602 6,354,834 /100 .260,685 27,408,173 100 100 400,000 149,853 88,020 3,981,476 4,405,260 300.000 348,630 5,409,110 250,000 500,000 100,000 Common.... Preferred 389,428 634,838 108,977 9,041,902 11,435,682 913,447 350,000 80,000 Nat Bank of Coram. <1.084,000 National Bank ofFort Sam Houston 100,000 smi Antonio Nat Bk South Texas Nat Bk- 10 X 10 6,878,551 1,903,164 i Common Waco— Citizens' Nat Bank First National Bank. National City Bank. 25 Natimal Banks tennessee April 4 Nomi nal. April 4 Pe Ogden— Nomi nal. 1,287,252 750.000 450.000 1 200.000 Common Preferred 503,288 1,884,292 Hamilton Nat Bank. <2,400,000 Knoxville— 75,000 Bank of Knoxville.._ 200,000 Uomm'l Bk A Tr Co. i HamiitonNationalBk i 875,000 1,000,000 Park National Bank. 68,444 156,222 1,902,999 736,006 P.ST 270 100 12,263,260 10,521,756 /100 1100 100 54,509,939 290 230,445 1,429,219 900,000 388,714 15,876.938 70,903,044 21,518,237 18,313,378 14,402,816 4,184,520 32,244,703 10 Bait Lake 150 125 10 11 255 265 i of Ogden - . 52,495 2,388,557 u 2,340,015 97,000 50.000 u 1,000.000 State Savings Bank. Union Planters' NatT Bank A Trust Co. Nashville— American Nat Bank 5,578,298 3.500.000 3,000,000 11,834,809 3.000,000 615,863 300,000 1,000,000 1,064,258 Common Preferred Broadway Nat Bank Commerce Union Bk Nashville Trust Co— ... 600.000 Preferred Third National Bank 1,133.300 ju 644,047 1.000,000 1,759,586 Common 115 110 100 283 275 205 220 April 4 28 27 145 120 127X Dec. 31 Nomi nal. Per 100 ~75~~ 70 203^ 19H 9,431,964 /100 <b) 1100 100 245 100 7,221,195 7,327,663 982,537 3.398,734 N o 40 re cent 100 sa lea 407.500 35,911 2,606,870 100 150.000 160,300 209,177 2,885,882 100 100.000 121,310 626,302 2,575,103 1,381,222 100 317,475 157,314 2,752,856 1,158,234 100 N o re cent 172,655 3,254,176 /100 sa les < 301.250 Chittenden Oo Trust HewardNatBkATrCo Merchants Not Bank < 491,500 <1.057.961 Barre Trust Co Burlington— 6OO.000 15° 000 Capitals B A Tr Oo i State Institutions 100 100 100 486.201 Per 579,167 704,116 300,000 i Capital Nat Bank— Capital stock 558,750 100 16,327.487 17,904,691 100 173,901 4.550,835 736,732 989,052 90,988 12,953,888 15,981,076 2,750,776 26,960,511 20 5.000,« HH) 10,204,069 146.769,562 1,137,397 75,000 16,069 20 245 240 100 963,824 125,000 1 75,000 Preferred stock— Beaumont— American Nat Bank. A Trust i , share, 250 260 O'eme ntNat Bank— 150.000 KUlington Nat Bank 100.000 10 Rutland Co Nat Bk: 100,000 117,500 157.500 Common Preferred Rutland Trust Oo... < 1100 178,370 2,260,376 100 /100 S100 1100 / 400,000 400,000 200,000 First National Bank. 100 100 National Banks No rec State VIRGINIA April 4 ent sales Institutions April 4 Nominal. < Dallas— Bank... First National Bank. Highland Park St Bk Hillcrest State Bank. Liberty State Bank.. Mercantile Nat Bank RepubllcNat Bank.. 1.000,000 34H 44 X 36 46 A 118,331 323,434 3,032,2*85 8v327,956 '165 20 65 68 2,000,000 4,000,000 1,827,982 5,027,936 450,394 136,282 47,723.872 20 39X 40H 97,544,407 7,232,657 3.397,566 20 50 100 215 20 45 '50 117,000 3,091,747 42 45 150,000 200,000 Oak Cliff Bk A Tr Co. Texas Bank A Tr Co: 125,000 1 30,000 J .... Capital notes 52 582.775 8.739,608 600.000 600.000 550,632 413,883 5,191,048 4,857,251 60 100 105.501 Trust 100 Oo People's Nat Bank. Depositors Industrial ^ 20 4,279,202 46,252,983 21,927,702 3,520,127 100 100 240 250 125 126 25 39 10 17X 200,000 276,000 197,769 147,093 3,664,108 3,582,546 10 10 10 8 490,000 250,000 425,000 291,104 87,664 214,083 7,691,870 1,468,465 3.487,325 50 40 50 100 125 130 50 40 50 600.000 ul,128,447 1,000,000 1.304,540 76,652 80,000 3.000,000 3,701,043 171,991 200.000 12,304,601 20 40 28.624,103 20 38 958,261 89,700,731 2,765,050 20 51 53 20 32 35 1,250,000 11,574,463 1,450,000 66,771,181 flf, 18 447.198 329,590 942,469 4,159,588 6,382,256 6.402.213 25 80 15 31 50 73 504,962 1,838,477 6,922,439 33,054,208 6,098,033 Seaboard Oitz N Bk. Southn Bk of Norfolk 529,901 1,436,561 19,757,869 44,225,566 60 69 71 Petersb Sav A AmTr 20 48 51 Portsmouth— American Nat Bank. < 62 Citizens Petersburg- 500 Citizens Nat Bank._ 52,427,849 I 20 50 Trust 445,941 10 100 loo" 17,415.27a 5,553,069 100 140 160 First A Mer Nat Bk. 100 175 180 Mech A Mer Bank.. 125 Bank of Comm A Tr State-Plant Hutchings-Sealy National Bank 750,000 479,518 (J 8 National Bank.. 500.000 892,898 11,575,681 12,925.032 < 100 80 90 50 75 85 Common Preferred 200,000 200,000 Southern Bk A Tr Oo Houston— i 250,000 362,149 500,000 I 100,000 J 605.479 100 Preferred 25,650,401 52 Preferred. — 56 1 20 J Preferred Second NatT Bank._ Nat Bank of Comm. Btate National Bank Union National Bank Texas Com¬ mercial Nat Bank. 3,000.000 12,149,293 1.250,000 / 67,524,174 1100 632,500 t 282,934 367.500 1,000.000 2,206,766 <2,000.000 4.868,837 418,205 700.UU0 1,000,000 1,440,288 15,459,838 /100 165 1100 1.500.000 200,000 Fidelity Trust Co— 600.000 Guardian Trust Co.. Houston Land A Tr. <1,200.000 San Jacinto Nat Bk372,000 Oomruon 278.000 Preferred Port ArthurFirst National Bank. Preferred Bexar Co Nat Bank\ Common........ Preferred Frost National Bank ~ Z10 13 55 39X 18 X 10 42 3H i 100 - — ■ 30 ' 2,232.207 239,256 1,002.678 u 362,080 1 141,209 J 569,504 381,129 100,000 200.000 National Banks April 4 100 100 11.541,202 35,726,926 280 360 400 155 154.432 100 53,357,570 74,704 10,260,187 6.168,086 225 165 235 100 April 4 95 260 625 295 100 stock. 175 o 1100 50 38 45.235.265 100 43 31 V » pref. stock outstanding. k Sept. 30, 1940. June 29, 1940. Controlled by the Joseph F Meyer interests, r Member Peoples Corp. March 26, 1940. t Reserves. u Dec. 31. 1940. x Ex-dividend. n Quotation represents stock of the Socarnat Bank Corp., which holds the common stock of The_South Carolina National Bank of 050 220" r t Stock of South Texas I Last sale. 3,849,152 f 28 35X 175" National Bank of San Antonio, Texas, all held by Central Securities Oo. with exception of directors' qualifying shares. a Member of First National Corp h Member of First Security Corp. c All stock owned by First Security Corp. d Dec. 30.1939. e Preferred stock retirement price. / Member of Marine Bancorporatlon. 0 Affiliated with the Citizens* A Southern National Bank of Atlanta Ga. h Represents quotation for First Security Corp. of Odgen, Utah, class A 80 /100 169 share. 165"" 70 20,530.907 '34X Peoples N B of Wash. 90 100 7.972,718 216,625,414 a 20 4,209.768 110,260.677 / 25 1,640,291 37,629.350 100 20 1,136,194 35,383,540 317 100 7.013,819 4,804,268 Per 8,000,000 2.500,000 2,500.000 1,500.000 155" 1 50 1,614,245 State Institutions 310 100 10,759,157 /100 1100 / 1.200.000 WASHINGTON Nomi nal. Seattle— Seattle—First Nat Bk Nat Bk of Commerce Pacific Nat Bank... s 200.00011 75.000 90 255 100 100 290"" 100 100 100 37.807,274 63,054,717 1 Common and 500.000 11,064.117 766,200 / 406,848 50 100 1125 8&n Antonio— .... i «100 Alamo National Bk: Common. ~ 175 South Merchants NatT Bk. 750.000 500,000 1,000.000 800,000 Oolonial-Amer Nat B First Nat Exch Bank Mountain Trust Bk. •Houston Nat Bk— o Common — Roanoke— \ First Nat Bank— Common i Virginia Trust Co 185 20 8,238,072 City National Bank: Common........ - BkATr: Sav Bank A Tr Oo_. Citizens State Bank. mm. Richmond— 390,249 1,313,964 Central National Bk. Consol Bk A Tr Co__ 200.000 200,000 i Co.. Merch A Farmers Bk 1 20 Oalveston— City National Bank. 7H 597,697 1,086,498 1,274,663 196,984 Merch A Planters Bk 750,000 1.500,000 First National Bank. I 250,000 2,500,000 1,500,000 200,000 5 Norfolk— Fort Worth— 523,661 5 298,467 701,017 3,015,887 15,722,289 26,270,706 2.000.000 12,733,891 300,000 J Preferred 15.420 s 9,532 Fraternal Bk A Tr Co 185.000 74,827 Union Bank A Tr Co i Z145 Z 160 115,701 446,325 82.000 100,000 655,327 1,868.687 Common 147M 300,000 Loan Bank Com'l Tr A Savs Bk: Lynchburg Tr A 8 B. 300,000 300,000 El Paso Nat Bank.. share. / 100 100 100 State National Bank First National Bank Ft Worth Nat Bank: 1.000.000 Nat Bk of Commerce El Paso— Continental Nat Bk. Per Lynohburg— First National Bank. Lynchburg Nat Bank 100,000 250,000 Nat Bank of Comm Common. 30 25 20 Rutland— American Nat Bank Dallas Nat 125 100 First National Bank Montpeller Nat Bank Montp'r 8 B A Tr Oo i April 4 100 100 949,149 Montpelier— 255"" share. 100 692,513 627.957 88,675 422,112 ^<>0.000 204.500 B orlingtoD Trust Oo. 13 X 13 72,797,814 J 10 1100 20 5,555,546 10 29,145,001 Nomi nal. Secttr St Bk 220 135 4,000,736 2,972,322 1,042,673 People's Nat Bank.. Q larrv g Bk A Tr Co 10 Austin— Austin Nat Bank 175 210 100 100 494,125 306,936 64,996 64,605 240,000 Preferred texas 165 100 Barre— Granite 8 B A Tr Co Common National Banks 100 285 100 36,980,809 235 100 25 245 Institutions Slate vermont April 4 293 100 90,716,206 24 X 15 14 X 100 1,134,148 65,882,416 40,108,404 1,431,000 80 70 Security Corp. National Banks 100,000 1.2ou.uuo 110 City— Contl Nat BkATr Co First share. r 100 100 <2,469,770 £4,222,960 First National Bank < 750,00M 1,260,082 Utah State Nat Bank 875,626 500,000 Zion's Sav Bk A Tr 1,315,496 1,000.000 Utah Sav A Trust Co 262,761 300.000 Walker Bk A Tr Co 1.500,000 1,112,981 i First Security Bk NA < „ "160" 165"" 100 7.488,183 19,971,088 clOO 455,000 975,000 share. 170 155 100 1,942,721 3.801,631 6.25 100 30,687,215 10 15,156,616 Mempbis— Comm A Indust Bk. First National Bank. Nat Bk of Commerce April 4 Institutions State Commercial Sec Bk. Chattanooga— Amer Tr A Bkg Oo._ Oommercial Nat Bk: Institutions State utah April 4 National Banks share. $ Broos Nat Bank— 17 100 601,596 617,675 Spartanburg— Commercial Nat Bk. Par Deposits San Antonio (Con a.) $ 125 250,000 200.000 Peoples Nat Bank Cross Surplus A Profits Capital 12 100 29,480,074 tflOO 100 6,424,008 100 565,203 South Oaro Nat Bk— Common April 4 nal. $ 1,000,000 State Institutions texas April 4 Ask Bid Nomi nal. Cltiz. A Sou NatT Bk Carolina Sav Bank.. National Banks Cross Par 109 teu8t companies about 98% of 260 Charleston. BANKS 110 \uiiunal Banks AND National Banks WASHINGTON April 4 Deposits Par Bid Seattle (Concluded Per 200.000 University Nat Bank 4on.nofi Seattle Tr & Savs Bk 550,000 1,764,615 6,372,083 9,815,106 125,659 229,927 592,501 100 20 50 Milwaukee (Concl. ) share. 15 70 Bid Par Deposits Ask Nomi nal. Nomi rial P nmltomo B of Seattle April 4 Gross Surplus & Profits Capital Ask Institutions State WISCONSIN April 4 Gross Surplus & Profits Capital COMPANIES TRUST Teutonta A ve State Bk West Side Bank Wisconsin State Bk. First Wise Trust Co. 73 $ 376,600 400.000 a Per $ 2,721,869 5,074,102 424,999 5,350,344 799,298 b 1,003,637 121,619 300,000 1,000.000 100 20 share* 20 909.047 10 150 175 37 34 100 Spokane— First Nat Bk In Spok Old 1,476.800 3,035,080 / i 7,576,746 100 47 28.453,815 J100 t 383,597 200,000 r & TTn T no. v 500.000 181,482 775,935 904,095 a \ NaUZar'uTk' Old National Corp— Cap stk class A__\ Class B__ /No 1.95 2.10 No 2.00 2.25 J Washington Trust Co WYOMING 9.031.360 100 Per CheyenneAmerican Nat Bank. Nat Bank of Wash.. 01,325,000 a 710,000 1.177,759 Puset Round Nat Bk 29,713,649 10,409,505 333,878 100 25 130 250.000 Stock Growers N Bk. Tacoma— 300.000 1.062,500 01.591,779 600,000 464,596 1,000,000 1,429,589 200,000 159,508 500.000 320,902 KanawhaBkg&Tr Co Kanawha Valley Bk. Nat Bank of Comm. Trust Co Centra) Canadian Bank Statements Returns Norm nat. Per share. Charleston- Huntington— First Hunt'g'n N Bk Twentieth St Bank.. a 24,812,688 6,615,835 27,566,133 25 100 4,090,267 1,254,048 17,140,016 1,415,679 12& s 1.000,000 01,334,213 101.600 71,863 N are all of March 31, 160.000 69,356 1,214.148 21 100 Ac Trust Co .122,866 810,403 701,304 113,152 863,423 2,683,913 7,689,659 5,673,324 1.234,485 5,660,586 3,064,436 25.721,798 100 25 % Bank of Nova Scotia 12,000,000 122K 100 100 100 Gross Surplus & Profits Deposits 24,0^0,000 $ 276,346.929 Bid Par Ask 150 100 1.800,000 Security Trust Co. Wheeling Dollar Savs 405.105 600.000 600,000 100,000 300,000 share. NOVA SCOTIA 19 Halifax- a Say Bank Nat Bank ofW Va.. Nat Exchange Bank. i So Side Bk & Tr Co. are per cent, not per les Capital a Prices cent Wheeling— Center Wheeling Say Half Dollar Trust A — ~m, m Per 100 cent. 295 1115 1125 _ 1101 1300 ONTARIO 157 H 165 Toronto— of Toronto... Per cent. 9,000,000 146,273,877 100 240 Can Bank of Comm. 30,000.000 20,000,000 590,739,533 100 142 7.000.000 127,571,939 8.000.000 156,589,480 100 186 190 100 195 200 Bank of Montreal 100 174 Banque Oanadlenne. 100 Bank National banks Vtate WISCONSIN AprilA Institutions Dominion April 4 Bank Imperial Bank of Can 6,000,000 7,000,000 7.000,000 Nom inal. Per share. La Crosse— Bacavlan Nat Bank. 250,000 175,000 400,000 100.000 Exchange 8tate Bank Nat Bk of La Orosse. *'ate Bk of La Crosse 5,173,515 1,260,420 270,392 71,989 421,544 190,113 10 20 N o re cent 3,186,637 sa les 100 Bank— 200,000 250,000 City Bank & Tr Co.. First Wise Nat'l Bk— Common......... Preferred Home Savings Bauk. Kilbourn State Bk.. Lincoln State Bank: 4,076,296 4,158,430 176,964 195,426 20 25 50 100 7.600,000 111552869 265,650,576 7.500,000 a350,000 234,555 3,154,555 a 150,000 2,034,138 74,416 60 18 {.!. Common and preferred stock debentures a 18 6 Special 20 Income debentures Marine Nat Exch Bk Marshall Sl llsley Bk Mitchell St State Bk. Northern Bank..... Park Savings Bank.. State Bank of Milw. 2,063,387 20 40 March 26, 1940. 21 23 g i Member First National Corp: 20 20 7^1 m Dec. 31, 1940. I Last sale. Trust funds. t 9 mm \ k April 4, 1941. s 20 rn April 30, 1941. n 100 «■ 151 d June 29 ,1940 /Deficit. 43 20 mm Member of the Northwest Bancorporation. 100 50,292,121 55,402,957 2.901.383 3,667,357 2.012.384 2,843,650 100 outstanding e 50.000 1 46,054 202,500 2.200,000 2,579,702 02,835,000 2,326,919 o 696,000 14,664 a 250,000 90,293 a 539.500 d 140,249 a 58,322 550,000 143 100 100 deposits. c Common.. cent. * Sale price# t Wisconsin Bankshares Corp. no par stock. 16" 20 Per Montreal— 36,000.000 39,000,000 837,082,319 7;ooo.ooo 5,000,000 136,824,144 1,500,000 750,000 16,255,707 Barclays Bk (Canada) Provincial Bk of Can 49,647,028 4,000.000 1,000,000 Royal Bk of Canada. 35.000,000 20,000,000 860,349.641 28 143 QUEBEC 22 100 6,895,995 elOO Milwaukee— Amer State 1941. o re sa 100 100 100 100 150 20 18^ WEST VIRGINIA 5ta"i~OM Charleston Nat Bk.. share. 100 7,765.633 9,445.628 418,860 312,259 All stock held by Old National Corp. (Continued from page 55) zuela. as It explained that this whole area will be treated unit and that transfers may be made from a sterling account in one country to a similar account in another. a area was Transfers out of these accounts dents of sterling permitted to receive country, so that the amount of disposal should in time become It was taken for granted in of New York authorities combined banks that the transactions the necessity of in region of "Central American having to these countries are free sterling from any other free sterling already at their negligible, as elsewhere. the foreign exchange depart¬ one small special accounts. to be made only to resi¬ Residents of areas. not to be ments are reason these The whole a area control 12 countries Accounts" supervise the was large to in avoid number is to be treated of according to the cabled instructions received from Lon¬ don, and the sterling balances will not be designated accord¬ ing to the name of the country in which the holder of the sterling resides. will be permitted. sterling special account to another For example, a resident of Cuba may one Central American American account in London account of a resident of to Mexico. of 1040. As the result of the higher wages, greatly enhanced prices, increased taxation, and the necessity which individuals and concerns felt to have ready money at hand, the note circula¬ tion of the Bank of England reached new highs during the month. Toward the end financial circles of April the Treasury relieved British by authorizing an increase of £50,000,000 fiduciary issue, lifting the Bank's issuing power to £680,000,000. Before the increase the reserves of the Bank in the were dangerously near the vanishing point, having reached all-time low of 5% on April 16 and 23. an a The Bank's statement for the week ended May 21 showed new all-time high in circulation of £629,713,000, the ninth successive increase in the item. The Bank's statement for the week ended May 28 showed circulation from transfer from his Central the and the end as one, Transfers upon prices and living costs. He showed that there was a 26.50% increase in prices between the beginning of the war at £629,515,000. It was thought probable that another increase would be made in the fiduciary issue. The on Sept. 6, 1939, to the custody of the Exchange Equalization Fund. Holdings Bank's gold holdings were transferred of gold bullion for routine Apart from such transfers, special sterling accounts may be augmented only by permitted transfers from residents in other sections of the sterling area, by transfers from exist¬ ing sterling accounts of residents in any of the countries mentioned^ and from proceeds of United States dollars to purposes reported were on May 28 at £1,845,562. to the United Kingdom the transfers from control authorities. Apart sold from Central American account to another, the only permitted transfers are those to residents of ster¬ ling area one full peace year. for May the Chancellor additional a limited May. Call money against bills was generally available %%, except on a few days of squeeze, when the rate went 1% and l1/4%. months' 1 bills 3/32%, and Throughout the month two- and three1 were 1/32%; six-months' bills Canadian exchange during of the Exchequer asserted that purchasing power of the people competing supply of goods has exerted severe pressure undertaken dollar to to seek nearer a method four-months' were May firmness in the Canadian the result of tourist demand, ing May 6 the British Parliamentary Secretary of the Department of Overseas Trade reported that British exports in 1940, the first full year of the war, were scarcely affected by German submarine activity. The total exports, which helped to finance the nation's war effort, amounted to $413,000,000, as compared with $417,000,000 in 1938, the last In out at ^ regions. On the The London money market rates continued easy through¬ was steady, free dollar. hut bills were 1%%. was even This display¬ was partly due chiefly to plans of stabilizing the Canadian parity with the United States dollar. Sup¬ plementing the joint United States-Canadian Defense Board, three-member boards were established at the end of May in United States and Canada to collaborate in the eco¬ the nomic and industrial fields in order to expedite the mobiliza¬ tion of resources for aid to Great Britain and for defense of the Western Hemisphere. Acting as a joint board, the new economic planning boards will immediately inventory the countries, and potential resources of the two existing production, manufacturing capacities, supplies, priori¬ ties, will coordinate the exchange of raw materials and manufactured products, and will synchronize the production of munitions and planes to eliminate duplication of effort and attain maximum production and shipments. The twin boards will also study ways of easing the eventual transition their from defense to peace-time activities. commenting on the foreign exchange situation during In May, the Federal Reserve Bank of New York said in its "Monthly Review" for June 1: "In showing a generally firm tendency, Latin American currencies provided the only significant development in the past month's foreign exchange trading in the New York market. The Cuban peso, which had shown a steady re¬ covery from the early April reaction, received considerable stimulus from the announcement on May 6 of a $25,000,000 Export-Import Bank credit to the Cuban Government to be for agricultural development and diversification and used On May 7 the discount on the Cuban peso 2*4%, was the narrowest in several years. Approximately this level was maintained through the end of the month. The Argentine peso was also in some demand in the thin free market during the first half for public works. vis-a-vis the dollar, at apparently reflecting a movement of foreign funds induced by renewed rumors of a possible "blocking" regulations in this country. By of May, 111 MONTHLY KEVIEW June, 1941] State credit institution provisionally of the transfer Croatia and funds of for A Italy. and between the German Reich and Croatia became effective on May 17, based in the main with former dinar has been fixed on Germany's trade agreement The exchange rate of the Croat 30 dinars to one reichsmark. The Yugoslavia. at German official mark continued pegged in New York at the 40.00, while registered marks ranged between 11.85 rate of 15.00. and The Italian lira New York during suddenly to 5.26%, prevailed for about 10 years prior to August, 1939. The 5.05c. rate was fixed on Sept. 25, 1939. Swedish exchange continued steady throughout the month in nominal trading, with Stockholm around 23.86. Likewise the Swiss (commercial) franc was steady at around May. the continued pegged in On May 27 the peg was advanced rate which 23.20@23.22. Exchange had the Latin American countries presented no These units are on features from those of recent months. new held in close relationship to the and the only Latin to transfers from New York of countries, the continued to decline through May 13, when it was $0.1170, or 3c. below the level prevailing in early March. Subsequently, however, the rate showed a marked recovery, rising about 3%c. in the space of one week to $0.1550, a new high for the war period. It should be noted, however, that the market here for this exchange remained extremely thin and, therefore, unduly sensitive to relatively small changes in supply and currencies of the belligerent the New York quotation for the registered reichsmark At the end of the month the registered mark was demand. May 27 the official rate for the $0.0505 to $0.0526%, thereby reestablishing the rate prevailing prior to Aug. 31, 1039, when a gradual decline to the $0.0505 level began. While this change is interesting, particularly in view of the fact On $0.1450. quoted at Italian lira raised was from that the lira has thus returned to its theoretcal par value, would not appear to be great. Trading in unofficial sterling was restricted further during the past month by the. British action in adding a group of 12 Latin American countries, mostly in the Caribbean area and in¬ accounts" under sterling in the British exchange regula¬ The procedure to be followed for these countries will be the same as that now in effect for other countries with tions. "special accounts," except that the area will be treated as a and transfers between sterling accounts within the unit group will be freely permitted. In the unofficial market pound sterling held steady around $4.03%, in New York the the same as the official London buying rate for dollars." of the Details gold movement at the Port of New York was The firmness in the free peso was attributed largely European funds, chiefly, it believed, of German origin. was The slight Argentine Finance Ministry announced on May 16 a relaxation of exchange restrictions by which im¬ porters of goods from the United States should benefit directly. This was the first step toward simplification, of exchange control to allow more imports. The new measure transfers a considerable list of articles, most of which are imported from the United States, from the' auction exchange market to the official market. Ex¬ change at the official rate will be available to importers of For several months previous these articles. limited amounts Under the new system 80% of Argentine imports will be paid for through the official market, 15% through the auction ex¬ change market, and 5% will be suspended. The Finance Ministry declared that more than $14,000,000 allotted this year for imports of motor cars, agricultural machinery, and parts would go to the United States. The Argentine free peso was quoted in New York at 23.60 on May 1, and at 23.80 @23.85 on May 31. Exchange on Rio de Janeiro was 5.05@ 5.15 on May 1, and 5.05@5.15 on May 31. of exchange Exchange its significance cluding Cuba, Venezuela, Mexico and Panama (except the Canal Zone) to the list of those countries holding "special various the American unit to show fluctua¬ May 12 the free rate for Argentine exchange had reached $0.2380 and held near this level during the subsequent days of May to show a gain of 30 points for the month. The uncontrolled rate for the Uruguayan peso rose to $0.4212% mid-April. by exchange controls. The Argentine free peso was steady and inclined to firm¬ tion. "Among dollar national ness since between Germany, payment agreement payments trade extension of the 6% the appreciation central a Awaiting solution at the end of May was the organization of from this country during the month, extending to about performing bank of issue. opened in Zagreb was functions the of features were on auctioned to the highest bidders. the Far Eastern countries presented no new during importance May. The Chinese units, Hongkong and Shanghai, fluctuated rather widely, but were on the whole firmer owing to the stabilization agreement the between United States China and signed on April 25 involving the purchase of Chinese yuan by the United States Stabilization Fund in the amount of 50,000,000 United States At the dollars. same time negotiations were completed for a similar agreement between China and Great Britain, under which a total of £5,000,000 was provided for currency sta¬ bilization in addition to the existing Sino-British fund which 1939. set up in was In May figures appearing in an issue of the "Foreign Commerce Weekly," a publication of the United States De¬ partment of Commerce, showed that for non-Asiatics in $1 in during May were outlined as follows in the "Monthly Re¬ view" of the Federal Reserve Bank of New York for June 1: China living necessities which could be purchased for "Imports of gold into the United States during May were in considerably reduced volume. The increase of about Chinese in Shanghai the cost of living was six times as high $70,000,000 in the gold stock was the smallest since July, was 23%d. on May 1, and 29. The Hongkong dollar was 24.14@24.35 on May 1, and 24.31@24.55 on May 31. The Shanghai yuan was 5.06@5.30 on May 1, and 5.26@5.50 on May 31. Yen checks were 23.44@23.50 on May 1, and 23.44@23.50 on 1938. Gold held under earmark for foreign account at the Federal Reserve month to "In the banks rose about $5,000,000 during the approximately $1,920,000,000. weeks four ended May 21 the Department of $38,500,000 of gold in the following principal amounts: $19,300,000 from Canada, $4,200,000 from Australia, $3,500,000 from South Africa, $2,800,000 from Colombia, $2,000,000 from the Philippines, $1,500,000 from Hongkong, $1,000,000 from Chile, and $600,000 from Mexico." Commerce reported the receipt of October, 1939, cost $1.83 in May, 1941, while for the native as it was The May 31. RATES financial situation of Continental European countries con¬ tinued obscure in view of the unreliable character of reports emanating from European capitals. that the invaded nations were It appeared, however, being drawn further within 1 2 3 May 5 6 7 8 9 10 ment seen estimated that French assets frozen here aggregate gold, currency, deposits and securities. economic development closely related to Berlin's plans was the erection of the new puppet State of Croatia, formerly part of Yugoslavia. The monetary unit of the new State was to be equal to the former Yugoslav dinar, according to a report in the Frankfurter "Zeitung." A FOR POUNDS STERLING Commercial Cable 4.02&<z4.03K 4.02Ma4.03X 4.03 a4.03M May May May May 4.03 O4.03K 4.03 a4.033i 4.03 a4.03 M 4.03 a4.03K 4.03 a4.03H 4.03 a4.03K May May May May May May May May 4.00 4.03Ka4.03^ 4.03Xa4.03M 4.03Xa4.03X 4.03Xa4MH 4.03^a4.03H 4.03Ka4.03H 4.00 4.00 4.00 4.00 4.00 4.00 4.00 a4.03H a4.03K 4.03 a4.03K 4.03 4.03 a4.03K a4.03K 4.03Ha4.03M 4.03Xa4.03H 4.03Ha4.03X 4.03^a4.03^ 4.03^a4.0334 4.00 4.03 4.03 a4.03K 4.03 a4.03M 4.03 a 4.03 a4.03K 4.00 4.00 4.00 4.00 SUNDAY M 4.03 May 25 4.03Xa4.03X 4.03Ka4.03M 4.03Xa4.03H 4.03Ka4.03M 4.03Xa4.03X 4.03Ma4.03M 4.00 4.00 4.00 4.00 4.00 4.00 SUNDAY 4.03Xa4.03H 4.03J*a4.03M 4.03Jia4.03M 4.03Xa4.03K 4.03Ha4.04 4.03^a4.03K 4.03 J^a4.04 4.00 4.00 4.03^a4.04 4.03Ma4.04 4.00 4.03 Xa4.04 4.00 HOLIDAY May 30 May 31 4.00 4.03 4.03Ma4.03K May 29 4.00 a4.03H 4.03Ka4.03^ 4.03 X 04.03 M 4.03Ka4.03H May 28 a4.03H 4.03 a4.03M May 22 May 27, 4.03 4.03 May 23 May 26 Sight SUNDAY May 11 12 13 14 15 16 17 18 19 20 21 Transfers SUNDAY May 24 including $1,593,000,000, An May May especially in the case of France. Admiral Darlan, Vice-Premier of the Vichy Government, said toward the end of May that France has shown by acts her desire to continue the policy of collaboration decided upon in the Montoire interview. The United States Treasury Depart¬ This was LONDON 4 May the economic control of Berlin. ON Bills May in previous months, the foreign exchange and EXCHANGE Bankers' Bills May In May, as OF Sight May OTHER FOREIGN EXCHANGE price for silver 23 3/16d. on May May CONTINENTAL AND in 1936. London 4.00 113 MONTHLY REVIEW DAILY RATES OF FOREIGN EXCHANGE France Switzerland Portugal Brazil Chile Bolivia Franc Franc Esdudo MUreis Peso Boliviano Sucre Cables Checks Checks Cables Checks 2.30 Checks 02.31 May 1 May 2— 2.30 3 2.30 o2.31 May 4__ — — May 5— 2.30 02.31 23.20023.21% 23.20%a23.22 6— 2.30 o2.31 7— 2.31 02.33 May 8— 9— 2.28%o2.30 23.20a23.21 % 23.20%a23.22 23.20023.21% 23.20%a23.22 23.20a23.21 % 23.20%a23.22 23.20o23.21% 23.20%a23.22 2.28%o2.31 5.05a5.15 5.1605.17 2.50o3.00 May 5.05o5.15 5.16a5.17 2.50o3.00 6.70o7.00 May 5.05a5.15 5.16a5.17 SUNDAY 2.50a3.00 6.70o7.00 4.00o4.03 May 5.05a5.15 5.16a5.17 4.00O4.03 May 5.05a5.l5 5.1605.17 2.50a3.00 6.70O7.00 4.00a4.03 May 5.05a5.15 5.16a5.17 2.50O3.00 6.70O7.00 4.00O4.03 May 14_. No rates May 15— 5.05a5.15 5.1605.17 2.50o3.00 6.70O7.00 May 5.05a5.15 5.16a5.17 2.50O3.00 6.70O7.00 4.00O4.03 5.05a5.15 5.1605.17 2.50o3.00 6.70O7.00 2.28%a2.29% 23.20o23.21 % 23.20%a23.22 2.29 O2.30 23.20a23.21 % 23.20%a23.22 2.29 23.20%a23.22 23.21a23.22% 4.00a4.03 May 12 5.05a5.15 5.16a5.17 2.50o3.00 6.70o7.00 4.00a4.03 4.00a4.03 May 13 5.05a5.15 5.16a5.17 2.50o3.00 May 14 No rates 5.05a5.15 5.16a5.17 2.50a3.00 6.70O7.00 4.00O4.03 May 15 available 5.05a5.15 5.16a5.17 2.50a3.00 6.70o7.00 4.00a4.03 4.00O4.03 May 16 5.05a5.15 5.16a5.15 2.50O3.00 6.70o7.00 2.50O3.00 6.70O7.00 available 2.29 2.29 May 17— 23.20a23.21 % 23.20%a23.22 SUNDAY May 18— 2.29%a2.30 SUNDAY 5.05a5.15 May 17 4.00a4.03 5.16a5.17 6.70o7.00 SUNDAY May 18 23.20023.21% 23.20 %a23.22 23.19%a.20% 23.20a23.21 2.32 May 20— May May 11 23.20 %o.21% 23.21a23.22 23.20a23.22 23.20%a.22% 2.29 May 16— May 19— 6.70o7.00 May 10 4.00O4.03 SUNDAY — 2.50O3.00 4.00O4.03 23.20a23.22 — May 13— 6.70O7.00 23.20%a.22% 2.29 May 10— May 19 5.05a5.15 5.16a5.17 2.50o3.00 6.70o7.00 May 20 5.05a5.15 5.1605.17 2.50o3.00 6.70o7.00 02.33 23.19a23.20% 23.19%o23.21 4.00O4.03 May 21 5.05O5.15 5.16a5.17 2,50o3.00 6.70o7.00 2.32 — 4.00a4.03 2.32 May 21 May 22-- a2.33 23.19%a23.21 23.20a23.22 23.19%a23.21 23.20a23.21% 23.20a23.21% 23.20%a23.22 4.00O4.03 4.00O4.03 May 22 5.05a5.15 5.16a5.17 2.50o3.00 6.70o7.00 May 23 5.05a5.15 5.16a5.17 2.50O3.00 6.70o7.00 May 24 5.05a5.15 5.1605.17 2.50O3.00 6.70o7.00 May 23— 2.32 May 24— 2.32 May 25— 4.00a4.03 SUNDAY SUNDAY May 25 2.32 23.20023.21 % 23.20 %a23.22 4.00a4.03 May 26 5.05a5.15 2.32 May 26— May 27— 23.20a23.21% 23.20%a23.22 23.20a23.21% 23.20%a23.22 23.20o23.21 % 23.20%a23.22 4.00o4.03 May 27 4.00o4.03 May 28 May 29 5.05O5.15 2.31o2.33 May 28— 2.32 May 29— 1 May 30— May 31 May May May May 11 May 12 4.00O4.03 4.00O4.03 SUNDAY May May Cables Checks Cables 23.20o23.21% 23.20%a23.22 23.20o23.21 23.20%a.21 % 23.20o23.21 % 23.20%a23.22 02.31 May Cables Ecuador 4.00a4.03 HOLIDAY 2.32 — 5.1605.17 2.50O3.00 5.05a5.15 5.16a5.17 2.50O3.00 6.70O7.00 5.05O5.15 5.16a5.17 2.50o3.00 6.70o7.00 5.1605.17 2.50o3.00 6.70O7.00 5.05a5.15 5.1605.17 2.50o3.00 6.70a7.00 Peru HOLIDAY May 30 23.20a23.21 % 23.20% a23.22 4.00o4.03 6.70o7.00 May 31 Germany Sweden Hungary Uruguay Venezuela Japan Hongkong Reichsmark Krona Pengo Peso Bolivar Sol Yen Dollar Cables Cables Cables Cables Cables May 65.83 25.25a25.50 15.00ol5 75 23.44o23.50 24.14024.35 May 65.83 25.25025.50 15.00ol5.75 23.44a23.50 24.06 %a24.20 65.83 25.25a25.50 15.00ol5.75 23.44o23.50 24.06 %a24.25 65.83 25.25a25.50 15.00ol5.75 23.44a23.50 24.07024.25 24.14a24.35 Cables Checks May 1 May Checks Cables 39.97o40.05 23.82 39.96a40.05 23.83 a23.85 23.82%a.85% 023.85 23.83 %a23.86 39.97 %o40.05 23.83 2— a23.85 23.83 %a23.86 — \ May 3— May 4-. Majf 5— May 6— 39.97o40.05 23.83 May 7— 39.95O40.05 23.83 %a23.85 23.84 023.86 : i •' May SUNDAY •' 39.97a40.05 23.83 SUNDAY May o23.85 23.83 %a23.86 a23.85 23.83%a23.86 Cables May May 65.83 25.25a25.50 15.00ol5.75 23.44a23.50 May 65.83 25.25025.50 15.00ol5.75 23.44a23.50 24.17024.37 May 8— 39.95a40.05 23.83 %a23.85 23.84 023.86 May 65.83 25.25a25.50 15.00ol5.75 23.44a23.50 24.24a24.45 May 9__ 39.95o40.05 23.83%a23.85 23.84 o23.86 May 65.83 25.25a25.50 15.00ol5.75 23.44a23.50 24.26a24.50 39.97 %o40.05 23.83 %a23.85 23.84 a23.86 May 10. May 10— May 11 May 14 — May 15— 65.83 25.25a25.50 15.00ol5.75 23.44a23.50 24.29 %a24.50 May 12.. SUNDAY — 65.83 25.25a25.50 15.00ol5.75 23.44o23.50 24.35o24.56 SUNDAY May 11. 39.97o40.05 May 12— May 13— 23.83%o23.85 23.84 023.86 39.97o40.05 23.83 %a23.85 23.84 023.86 May 13.. 65.83 25.25a25.50 15.25ol5.75 23.44a23.50 No rates 39.97a40.05 023.86 No rates May 14.. 65.83 25.25025.50 15.25ol5.75 23.44a23.50 24.33024.50 available 39.97o40.05 23.83 %a23.85 23.84 23.83 %a23.85 23.84 023.86 available May 15-. 65.83 25.50o25.60 15.25015.75 23.44a23.50 24.35a24.50 a23.86 May 16.. 65.83 25.50 15.25al5.75 23.44a23.50 24.40a24.60 23.84%a23.86 May 17.. 65.83 25.50 15.25al5.75 23.44a23.50 24.42o24.60 May 16— 39.97o40.05 23.83%a23.85 23.84 May 17— 39.97a40.05 23.84 May 18— a23.85 SUNDAY 24.29a24.45 SUNDAY May 18-. May 19— 39.97a40.05 25.75 15.00ol5.75 23.44a23.50 39.97a40.05 23.84 a23.86 23.84%a.86% 023.86 23.84%a.86% May 19.. May 20— May 20.. 65.83 25.75 15.00al5.75 23.44o23.50 24.40024.60 May 21 — 39.97040.05 23.84 023.85 23.84%a23.86 May 21.. 65.83 25.65a25.75 15.13al5.75 23.44o23.50 24.38%a24.60 May 22— 39.97a40.05 23.84 023.86 23.84 %a23.86 May 22.. 65.83 25.75 15.13al5.75 23.44o23.50 24.35o24.56 023.86 23.84%a.86% May 23.. 65.83 25.75 15.00al5.75 24.44a23.50 24.33a24.50 023.86 23.84%a.86% SUNDAY May 24.. 65.83 25.75 15.00al5.75 23.44a23.50 24.32024.50 23.84 May 23— 39.97a40.05 23.84 May 24— 39.97a40.05 23.84 May 25— May 26— May May May May SUNDAY May 25-. 39.97o40.05 23.84a23.86 23.84%a.86% May 26.. 65.83 25.75 15.00al5.75 23.44o23.50 24.32o24.50 39.97040.05 23.84a23.86 23.84 %a.86% May 27.. 65.83 25.75 15.25al5.75 23.44o23.50 24.33o24.55 28— 39.97o40.05 23.84a23.86 23.84%a.86% May 28-. 65.83 9^ 7*1 15.25al5.75 23.44o23.50 24.32a24.50 29— 39.97a40.05 23.82%a.85% 23.83a23.86 May 29-. 65.83 25.75a26.00 15.25al5.75 23.44o23.50 24.34Ha24.55 39.97o40.05 23.84o23.86 65.83 25.75026.00 15.25al5.75 23.44o23.50 24.31o24.55 30— HOLIDAY — May 31.. Ita y Lira Checks Cables Cables Checks Cables 1„ 9.13a9.25 5.05O5.07 2.01O2.05 May 2— 9.1309.25 5.05O5.07 2.01O2.05 5.05O5.07 2.01O2.05 3-. 4— 9.13a9.25 SUNDAY May 5-_ 9.1309.25 5.05O5.07 2.01O2.05 May 6-_ 9.1309.25 5.05a5.07 2.01O2.05 May 7— 9.13a9.25 5.05O5.07 May 8-May 9__ May 10__ May 11__ 9.1309.25 5.05O5.07 9.13a9.25 2.01O2.05 - 2.01O2.05 5.05o5.07 2.01a2.05 5.05O5.07 9.1309.25 2.01O2.05 SUNDAY May 12.May 13-_ 9.13o9.25 5.05O5.07 2.01O2.05 5.05O5.07 9.13a9.25 2.01o2.05 May 14__ No rates 9.13a9.25 No rates 5.05O5.07 2.01O2.05 May 15— available 9.1309.25 available 5.04%o5.07 2.01a2.05 5.05O5.07 2.01O2.05 May 16-. 9.1309.25 May 17— 9.1309.25 5.05O5.07 2.01O2.05 19__ 9.1309.25 5.05O5.07 2.01O2.05 20— 9.1309.25 5.05O5.07 2.01O2.05 9.1309.25 5.05O5.07 2.01a2.05 9.1309.25 5.05O5.07 2.01O2.05 5.05O5.07 2.01O2.05 5.05O5.07 2.01O2.05 18-- SUNDAY 21__ 22— Straits Islands Settlements India Java Yuan Dollar Markka May May Philippine Shanghai Peso Dollar Rupee Guilder Cables Finland Peseta May HOLIDAY May 30.. 23.84%a.86% Spain f 23.. 9.1309.25 May 24.. 9.1309.25 May 25— SUNDAY May 26_. May 27— 9.13o9.25 5.05O5.07 2.01O2.05 9.1309.25 2.01O2.05 May 28-- 9.13a9.25 *5.26%a.26% *5.26%a.26% 2.01O2.05 May 29__ May 30— 9.13a9.25 *5.26%a.26% 2.01O2.05 *5.26%a.26% 2.01o2.05 HOLIDAY May 31__ 9.13o9.25 Rumania Bulgaria Yugoslavia Lev Dinar Cables Cables Cables Cables 47.llo47.50 30.13a30.35 47.llo47.50 30.13o30.35 47.llo47.50 30.13o30.35 5.09o5.30 49.80o49% 49.80o49% 4 9.80O49H May May 5.10O5.25 49.80a49% 47.11047.50 30.13a30.35 5.1205.35 47.llo47.50 30.13a30.35 May 5.1205.35 47.llo47.50 30.13o30.35 5.06a5.30 May 5.09a5.25 May SUNDAY May 5.1905.40 49.80a49% 49.80o49% 49.80a49% May 5.20a5.40 49.80o49% 47.lla47.50 30.13a30.35 May 10. 5.2605.50 49.80a49% 47.llo47.50 30.13o30.35 May 47.llo47.50 30.13o30.35 8UNDAY May 11- May 12. May 13- 5.3505.55 49.80o4914 47.llo47.50 30.13a30.35 5.28O5.50 49.80O49% 47.llo47.50 30.13o30.35 May 14. May 15- 5.2805.50 49.80a49% 47.llo47.50 30.13o30.35 No rates 5.28O5.50 47.llo47.50 30.13a30.35 available May 16- 5.28O5.50 47.11047.50 30.13o30.35 5.29O5.50 49.80a49% 49.80a49% 49.82a49% 5.30o5.50 49.82a49% 47.llo47.50 30.13o30.35 May 17. 47.llo47.50 30.13o30.35 SUNDAY May 18May 19- 5.34%o5.55 49.82a50.00 47.llo47.50 30.13a30.35 May 21. 5.30%o5.50 49.90o50.00 47.lla47.50 30.13a30.35 May 22. 5.32 %a5.50 49.93a50.00 47.11047.50 30.13o30.35 May 23- 5.32%o5.50 49.88a50.00 47.llo47.50 30.13030.35 May 24- 5.32%o5.50 49.88a50.00 47.lla47.50 May 20. May 25. May 26. 30.13a30.35 SUNDAY 5.33%o5.50 49.88a50.00 47.llo47.50 30.13a30.35 May 27. 5.40O5.60 49.88o50.00 47.llo47.50 30.13o30.35 May 28. 5.37%o5.60 49.88a50.00 47.lla47.50 30.13o30.35 May 29. 5.35%o5.50 49.95o50.00 47.lla47.50 30.13a30.35 5.2605.50 49.95a50.00 47.lla47.50 May 30. May 31. HOLIDAY Drachma Cables Cables Cables May 30.13o30.35 Greece Leu Canada Peso 4_. May 5._ May 6-- May 7-_ May May Checks 2._ May May 8-- May 2 May SUNDAY 1 May 3._ 3 29.77 57.18057.50 dlsc't 29.77 57.16a57.50 29.77 57.16o57.50 12% al2% 12*16 al2% 12 % 012% disc't 29.77 57.15057.50 dlsc't 29.77 57.15o57.50 disc't 29.77 disc't 29.77 57.01a57.50 disc't 29.77 57.01a57.50 disc't 29.77 56.99o57.50 29.77 56.98a57.50 5 6 7 May 8 May 9 12 % al2%% 12 % al2%% May 10 SUNDAY 4 May ■ 12% 012% % > 12-_ SUNDAY May 11 13.- Checks dlsc't May — Peso Cables dlsc't May 9— Checks 12% all%% 012% 12% ol2% 12 % May May 10.. 11 Colombia Cables Checks 1— May May May May May Argentina Dollar May 24.42a24.60 27— May 31 May May May May May May 65.83 57.05o57.50 SUNDAY May 12 14— No rates 13 No rates No rates No rates No rates May 15-- available May 13 available available disc't 56.99o57.50 available 12% % 29.77 available May 14 13 al2%% disc't No rates 29.77 56.99057.50 May 15 13 al2%% disc't available 29.77 May 16 13 al2%% dlsc't 29.77 56.98057.50 May 17 12% al2%% disc't 29.77 56.98o57.50 May 16— May 17__ May 18— SUNDAY May 19— May May 20-_ May 20 May 22_. May 21 May 23-- May 22 May 24— May 25.. 18 May 19 May 21— May 23 • SUNDAY al211ie% disc't May 24 May 26— May 26 May 28-- May 27 May 29— SUNDAY May 30-_ May 21-. * New official free rate. 29.77 56.98a57.50 29.77 56.98a57.50 29.77 56.98a57.50 29.77 56.98a57.50 29.77 disc't 12% 012**16% disc't 12% al2% % disc't 12*3i6al2% % disc't 12% al2%% disc't 12%% disc't 56.98a57.50 29.77 1213i«al2 % % May 25 May 27-- 56.98o57.50 56.98a57.50 SUNDAY / 29.77 56.98o57.50 disc't 29.77 .56.98o57.50 disc't 29.77 56.98057.50 May 29 HOLIDAY dlsc't May 28 12% al23i6% 127ie al23ie% 12% al2% % 12% al2% % disc't 29.77 56.98o57.50 12% al23i#% disc't 29.77 56.98o57.50 May 30, May 31 HOLIDAY