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194Q

BANK
1

W

V
'

k

jk

U.

REG.

S.

PAT.

1

OFFICE

MAY IN RETROSPECT
Page

Page

Commercial and Financial Events

1

Hides and Leather

Cotton

9

Iron and Steel Trade

------

Course of Stock Market——

Dividend Declarations

—

Foreign Exchange

14

12

New

Petroleum and Its Products

11
9

_

9

_

9

United States Treasury Financing

8

Grain—Coffee—Sugar

____

___

Textiles

15

—

Security Issues

Rubber. ___!

4

---*

7

Money Market

15

—

Federal Reserve Bank—Brokers' Loans

Foreign Affairs

13

8
-

11

INDEX TO STOCK EXCHANGE QUOTATIONS
Page

Baltimore Stock Exchange—
Boston Stock

-

Exchange

_

Chicago Stock Exchange

_

Cleveland Stock Exchange.
Detroit Stock

Los

_

_

Exchange.

_

Angeles Stock Exchange.

_

Page

57

New York Curb

58

New York Stock

Exchange—Bonds

19

Exchange—Stocks

31

Exchange.

41

54

New York Stock

59

Philadelphia Stock Exchange.,

60

Pittsburgh Stock Exchange

64

San Francisco Stock

61
_

66

—

Exchange.

62

INDEX TO GENERAL QUOTATIONS
Page

Page

Banks and Trust Companies—

Municipal Bonds—
Domestic

—102

Domestic

Canadian

94

84

—

Federal Land Bank Bonds-.
— _______

Public Utility Bonds

92

Exchange Seats——

Foreign Government Bonds.

92

Canadian.

111

...

Public

93

Railroad Bonds

73

Utility Stocks

78

_•

67

Industrial Bonds

81

Railroad Stocks

Industrial Stocks

85

Real Estate Bonds

Insurance Stocks

100

Investing Companies Securities

Real Estate Trust and Land Stocks

Securities

...

Stocks

84

92
92

June 0,

WILLIAM

B.

William

85

United States Territorial Bonds.

85

■»

____.

United States Government Securities.

Mining Stocks




85

Title Guarantee and Safe Deposit

Mill Stocks—see Textile Stocks—

J

85

Textile Stocks

72

Joint Stock Land Banks—

-

71

101

■

—

DANA

t

■

104=O
"

.

~~

COMPANY,

Street, Corner

op

-

PUBLISHERS

Spruce Street, New York

iili




Jtaf* Jjepusit autt ^rust Ca.
BALTIMORE—

—OF

Capital $2,000,000
Surplus and Profits $4,196,364

gJINCE 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 trust

has

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

Lyman Delano

Charles E. Rieman

Randall

BANK/QUOTATION
RECORD
U.

REQ.

as

OFFICE

PAT.

WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C.
March 9, 1928, at the Post Office at New York, N. Y„ under the Act of March 8,

Copyright in 1940 by
Entered

8.

"to

Bank

make

The

and is issued

of the Commercial & Financial Chronicle

publication

of the companion

monthly.

within the United States
$19.50 in Canada; $21.50 in South

Terms for the Chronicle are $18 per annum
and U. S. Possessions and Territories;

Mexico and Cuba,

America. Spain,

and $23 in other foreign

countries.

the Bank and

The subscription price to
a

Quotation Record is $12.50
Single copies are sold at

Postage outside of United States extra.

year.

$1.50 per copy.

Salle Street.

South La

WILLIAM

$200,000,000

OF

President

the

nature

of a $3,300,000,000 national

$4,500,000,000. and Con
was similarly moved toward translating the plans
actual legislative appropriations and authorizations.
later enlarged to

defense program,
gress
into

the

At

the urgent
of its own

the Administration

result

a

the preparation

time in

lost no

As

forces.

defense

national

review with
of Hol¬

reappraisal and modernization

necessity for a

time President

same

industry

specially constituted

of its leaders to a

some

establish

can

by its very
aggressor

an

on

strong bases within

went

the

be

National Defense

on

radio

the

on

in

defense.

done

to

Speaking from

the

secure

armed

of

one

May 26 to report to the people

national

will

fireside

his

the status of

on

House,

White

the

everything necessary

defenses

of

United

the

States at this time, when the world "is threatened by forces
of

destruction."

the

liis

In

address

President

the

counseled

people against panic, defended the armament

program

during his Administration, said that leading industrialists
be called upon

would

expansion,

and

in carrying out the national defense

emphasized

his

intention

social reforms of the last few years are
that

"war millionaires"

no

In

arm.

created

are

to

the

that

see

not sacrificed, and
the

in

rush

to

re¬

addition, he warned the Nation against the new

column"

"fifth

technique

"weakening

of

nation

a

its

at

roots."

very

leaders

congressional

and

Commission,

Defense

National

private

upon

in effectuating the vast new program by

aid

to

appointing

Roosevelt called

defense

effective

equipment to attack

he

President
on

their

the peaceful nations

overran

before

route

"an

that

the President assured the Nation that

Belgium aroused the United States to

and

land

forces

German

said

fn "Fireside Chat" President Reports

EVENTS

speed during the month under

The startling
which

In explaining the necessity

expansion of the national defense forces,

requires the

The

MAY—COMMERCIAL AND

FINANCIAL

said,

Roosevelt

Mr.

presidential fund,

personnel for these weapons."

chats

REVIEW

$186,000,000," and

of

sum

obligations for $100,000,000.

principally for the increase of production of

for the immediate

COMPANY, Publishers,
corner Spruce Street. New York

William Street

further

the

airplanes, anti-aircraft guns and the training of additional

DANA

B.

in

territory of American vital interests."

Drapers' Gardens. E.G.

Smith, 1

OFFICE—Edwards &

LONDON

obligations

the President to make contact

would "be used

his

OFFICE—208

CHICAGO

contract

to authorize

Quotation Record

and

The Bank and Ouotation Record is one

Central

NO. 6

NEW YORK, JUNE 6, 1940

VOL. 13.

and

1879

Second Class Matter,

Congress Asked by President for Additional $1,000,000,000 for
National Defense

whipped new tax legislation into shape to help finance the

In thus acting, the United States was embarking

program.

defense program in

largest peace-time national

the

upon

In

rebuild them (our national defenses)
of warfare

its history.

on

Netherlands

Embargo Against Withdrawals of Belgian and

As in the

of Norway and Denmark, President Roose¬

case

the situation created by the unpro¬

velt undertook to meet

placing

Holland

of

invasion

and

Belgium

on

May

10

by

embargo against the withdrawals of Belgian and

an

this

in

investments

Netherland

President

"froze"

countries

are

some

$400,000,000

understood

the

President's

the

name

order

all

Belgian

of

or

to

have

credits

Acting

country.

clarifying resolution which he had

signed
or

more that

invested

in

Netherland

under

the

United

second national defense

Under

States
with

the methods

as

in which he

message

dollars for the further expansion and mechanization of the

military establishment over and abbve that provided by his
original

of

events

said
the

In concluding

the

in

four

President,

past two weeks

that,

before

the authority

me

appropriation
by
in

the

made

was

"almost

incredible

European conflict."

the

his message the President made the specific

recommendation

"grant

additional

The

plan.

necessary,

the two

here.

nationals

a

a

May 7, the

on

May 31

swiftly

swiftly change," the President sent to Congress

asked for a supplementary appropriation of "over a billion"

Investments

voked

keeping with his "fireside chat" promise that "we shall

adjournment

Congress

the

to call into active

service such

portion of the National Guard as may be deemed necessary
to maintain our

position of neutrality and to safeguard the

national defense."

.

exceptions cannot be transferred except under license from
the

Following this action, President

Treasury.
with

conferred

his

Roosevelt

program.

Some days later

authorize

dition

sides

aisle, asked the national Legislature to appropriate

of the
or

(May 16) the President went before Con¬

plea which met approval from both

and in a

gress

$1,182,000,000 for the Army and Navy in ad¬

the about $2,000,000,000

to

budget
should

cooperate with

force of

already requested in his

Declaring

January.

last

message

him in building up

that
a

Congress

fighting air

50,000 planes and an aircraft industry which could

produce 50,000 airplanes a year, the President asked Con¬
gress

for

divided

as

immediate

an

appropriation

of

$806,000,000,

follows:

national

In

for

President

security and

addition

gress to

the

to

prepare

the industrial economy for the de¬

program,

President On May

the

28

announced

the

appointment of an Advisory Commission of National De¬
composed

fense,

economist,
which

a

was

of

labor

two

industrial

leader

reconstituted

and

leaders,

under

authority

New

a

The

others.

Deal

Commission

granted

the

to

President under a national defense Act passed in 1916 will
act in

conjunction with

a

Council of National Defense which

President set up at the same time and which is

the

com¬

posed of the Secretaries of War, Navy, Interior, Agricul¬
ture,

Commerce and Labor.

Edward R.
to

The President made the fol¬

to the Advisory Commission:

lowing appointments

Stettinius Jr.,

Chairman of the Board of U.

S.

Steel Corp.,

supervise the steady flow of raw materials from mines to factories and
William

$250,000,000 for the Navy and Marine Corps.

$100,000,000

to

beyond to the point of fabrication.

$546,000,000 for the Army.

the

order

In

mands which will be made upon it by his new national de¬
fense

Appropriations Sought by President to Provide for Emergencies

on

National Defense

Cabinet officers, military advisers and

legislative leaders and worked into shape a new national
defense

Appointment by President of Advisory Commission

"to

provide

command

for

emergencies

affecting

defense."

the above

sum,

the President asked Con¬

authorize the Army, Navy and Marine Corps




forms

and

S.

of

Knudsen,

industrial

President

of

manufacturing

the multifarious

items

General

of

needed

tanks,
in

the

Motors

Corp.,

airplanes,
program

to

be

in

engines,

uni¬

the

first

after

processing stage.
Sidney Hillman, President of Amalgamated Clothing Workers of America,
to coordinate employment policies in the so-called war industries, including
the

training of apprentices for non-combatant duties.

MONTHLY

2
Chester

Reserve

0.

member

Da vies,

System,

of

Board

the

of

Governors

the Federal

of

seek to conform national agricultural policy

to

with the

defense program.

Chairman of the Executive Committee of
Chicago Burlington & Quiney Rlt., to take charge of all transportation
problems and prevent bottlenecks which might threaten quick deliveries.
Leon Henderson, member of the Securities and Exchange Commission, to
Ralph Budd,

and

President

REVIEW
finger-printing and registration

of aliens.

At the same time

(May 27) passed the LaFollette Civil Liberties
LaFollette Oppressive Labor Practices Act.
Al¬

Senate

the

bill,

or

the

though greatly amended on the floor,
no
interstate industry shall employ

set

greater than 10% of its total personnel.
It also forbids
the employment of any Nazi or Communist.
The primary
aim of the bill is to outlaw the use of strike-breakers and

up

the

to

direct efforts

of Women of
consumer protection.
Dean

Elliott,
on

at price stabilization

in

fields.

materials

be adviser

and

bureau

statistical

a

raw

Harriet

the University of North Carolina,

expressed with the appointment
of this Commission, because it was made technically sub¬
ordinate to the Cabinet members who form the Council of
National Defense.
The indications were, however, that the
President would give the Commission a relatively free hand

let the Cabinet members
actions. Commenting
along these lines to a press conference, on May 30, the
President said that the Advisory Commission would have
all the responsibility of its World War predecessor and
that its members would be directly responsible to him
without having to clear through any intermediate Cabinet
performing its duties and not

in

exercise

serious veto power over its

a

Army and Navy

delivery of the President's first national
of May 16 Congress shunted aside most
domestic problems it had been considering and

of

devoted attention to

passing legislation which would imple¬

President's recommendations for modernizing

ment the

Army and Navy and

the

Acting im¬

rebuilding the air fleet.

the Senate unanimously adopted (May 16) a
resolution recalling from conference the $963,000,000 Navy
mediately,

Department appropriation bill so that the $250,000,000 of
additional funds asked by Mr. Roosevelt in his May 16
could be added. At the same time Chairman May
of the House Military Affairs Committee introduced a bill
authorizing appropriations totaling $726,000,000 for the

message

The Navy Department bill, carrying a
$1,474,000,000, was approved by the Senate on
May 23 without a dissenting vote, and sent to conference.
The House recommitted the
measure to conference on
May 30.
The May bill was altered to authorize the un¬
limited purchase of Army airplanes and to provide for the
clearing away of legislative restrictions on the rapid ex¬
pansion of defense and passed by the House on May 24.
In effect, this measure authorizes things for which funds
had already been approved by the Senate when it passed
the $1,823,000,000 War Department appropriation bill on
Department.

War

total of

new

bill, which

The Senate-approved War Department

May 22.

appropriations for the coming year and

carries all regular

funds slightly in excess of those requested
President, was passed by a vote of 74 to 0.

emergency

the

Naval Aviation

Another

measure

designed

by

Expansion Bill

to carry

national defense recommendations was

out the

President's

the Naval Aviation

Expansion bill which was submitted to Congress on May 21
which provides 10,000 airplanes and 16,000 pilots for

and

Navy.
The bill authorizes expenditures of $124,132,000
principally for the acquisition of new air training bases
and the enlargement of facilities of existing ones.
The
House adopted this measure on May 28 by a vote of 402 to 1.

the

the same time the

At

House adopted another measure de¬

signed to expedite naval

construction.

Ship Construction bill, as it was called,

which was

approved May 28 by a vote of 401 to 1, endeavors to cut
red tape, so that the Navy may speed the construction of
the 68 vessels which it now has on the ways.
It permits

by the President,
contracts without advertising for bids and to

Secretary of Navy, when authorized

the

to negotiate

advance the contractors

the present

waive

recapture of profits in excess of 10% on
airplanes on contracts not in excess of

vessels
$25,000
labor restrictions but does

and

12%

per

unit.
The measure eases
suspend the Walsh-Healey Act.

not

on

Reorganization

Plan

No.

V—House Approves

outgrowth of the preparedness drive the President

an

activities by transferring control over aliens from the De¬
partment of Labor to the Department of Justice.
"The
startling sequence of international

Congress

did

measures

were

not

in

the

meantime adjourn),

companion

introduced in both Houses making the plan

effective 10 days after

congressional approval of the resolu¬

The House

May

approved this resolution by a voice vote
27 and the Senate by a vote of 56 to 4 on May 31.
Other Measures

to 34 a

resolution to invalidate the President's Reorganiza¬

Thus the plan goes into effect on June 10

adjourns before that date.
Plans to Finance National Defense —

Congress Acts to Formulate
tation of

Taxes—Rise in Debt Limi¬

Proposed in

Increase of $700,000,000

$3,000,000,000

the. national defense program was being acted upon, a
developed in Congress to finance the huge ad¬
ditional expenses by imposing new taxes.
This movement
As

movement

reached its climax on

May 30 when Representative Dough-

Chairman of the House Ways and Means Committee,
introduced a tax measure designed to furnish at least $656,ton,

000,000 annually by adding approximately 10% to the Na¬
tion's tax bill and which raises the national debt limit

$3,000,000,000 from $45,000,000,000 to $48,000,000,000.
The
would impose a 10% "super-tax" on income taxes

measure

payable next March 15 and for five years thereafter, and
also imposes additional taxes on cigarettes, gasoline, liquor
and theater admissions.
The estimated proceeds from the
increases are to be earmarked by the Treasury for redemp¬

$3,000,000,000 "national defense series" of bonds
be issued to pay for the national defense

tion of the

would

which

expansion program.
Action

$1,111,754,916 Relief Bill—$975,650,000 Proposed for

on

is

WPA

the President's $4,500,000,000 defense program

Although

expected to bolster industrial activity

and thereby re¬

have been made in the
Charging that the Work
Projects Administration program had been marked by
waste, politics, &c., the House Appropriations Committee
reported on May 15 a relief bill carrying total appropria¬
tions of $1,111,754,916, of which $975,650,000 is for the WPA.
In
line with a recent presidential
recommendation, the
bill authorizes the President to spend the entire amount in

duce unemployment, no changes
Administration's relief program.

A provision was inserted in the
pre-election rises in WPA rolls.
Before

eight months if necessary.
bill

to

the

House

prevent

voted

on

the

bill the President

in a

letter to

Cannon of Missouri asked the House to
eliminate the provision in the bill limiting to $50,000 the
Federal contribution to any
WPA project.
The House

Representative

agreed to the President's suggestion and passed the meas¬

by a vote of 354 to 21 on May 23.
Aside from the
$50,000 limitation provision, the only other change made
by the House in the bill as it was reported was the adop¬
tion
of an
amendment
which
prohibits employment of
Communists and members of Nazi bunds on WPA projects
and

from

affidavits

requires

that

applicants

th)ey

are

neither.
Hatch "Clean Politics" Bill

The

House

Judiciary

Committee

on

29 favorably

May

reported the Senate-approved Hatch bill to extend to Fed¬
eral-State

employees restrictions

on

activity now

political

applied solely to Federal employees. The committee, which
had previously shelved the legislation, then reversed itself
and agreed to give it further consideration, was said to have
still

measure

House

Rules

House

for

Meanwhile the Senate Judiciary Committee favorably re¬

the

requires

a

favorable

report from the
floor of the

Committee before it goes to the

final

action.

Washington Associated Press ad¬

vices, May 29, said:
The
Act

Hatch

legislation would broaden the so-called Hatch Clean Politics

passed last year for Federal workers.

paid in whole
nicious
It
to

any

one

activity.
limit

would

Another

in

any

provision

person

workers
restrictions on per¬

It would apply to State

in part by Federal funds the Act's

or

political

also

$3,000,000

to

the expenditures

of

a

national campaign committee

campaign.
would limit

the

total

contributions by

of campaign

$5,000.

\

Other Congressional Action

Congressional and presidential action on other important

legislation last month

was

as

follows:

appropriation bill—The House
agreed to the Senate's addition of an unbudgeted $212,000,000 item for farm parity payments and an $85,000,000
Agricultural

item

the

Affecting Aliens

ported on May 27 a House-approved bill providing for




opposed by many groups, and the House

May 8 agreed with this opposition by voting 232 to 153
to disapprove of the plan.
The Senate, however, refused to
support this action, defeating on May 14 by a vote of 46
on

events" has created "a

pressing need" for the transfer of jurisdiction over aliens
(about 3,000,000, it is reported), the President said.
In
order to speed up the effective date of Reorganization Plan
No. V (it would not become effective under the terms of
existing law for 60 days after its submission providing

on

of Commerce, was

to

which aims

tion.

^

The

Congress Reorganisation Plan No. V on May 22,
at strengthening the machinery for combating
subversive alien influences and potential "fifth column"
sent

Reorganization Plans No.

favorably reported the bill on May 29 by a vote of 16 to 8.

Transfer of

Immigration Service to Justice Department

As

congressional action last month the Presi¬
Ill and IV will go into
effect 60 days after their submission.
Plan No. IV, which
transfers the Civil Aeronautics Authority to the Department

30% of the contract price immedi¬

The measure also authorizes the Secretary to

ately.

any industry

ure

Ship Construction Bill

This

extent

result of

a

dent's

message

the

an

Reorganization Plans III and IV
As

unless Congress

Appropriation Bills

Following the
defense

other "munitions" by
companies.

except banks and trust

tion Plan No. IV.

group.

aliens to

labor disputes and the possession or use of

labor spies in

firmearms, tear gas, or

Some dissatisfaction was

the bill provides that

for

Department

the

disposal of surplus farm commodities under
on May 9.
The House, however, could not
certain minor Senate amendments, and returned

stamp plan

agree

on

the bill to conference

on

May 15.

J UNE,

1940]

Rivers

and

Harbors

bill—After

Authorization

congres¬

sional action had been
ure

completed on this $109,985,450 meas¬
President vetoed it on May 21 on the

May 6 the

on

ground

that

partment

"the

non-military
give way at

should

activities of the War De¬
this time to the need for

prices
The

tions

of

been

completed

on

Carries appropria¬

May 7.

May 9 rejected by

bill—The House on

vote of 209 to 182 the conference

a

be

with

instructions

to

provisions protecting

reinsert

Townsend

Silver

bill—This

the authority of the President
the Silver Purchase Act of
ate on

May 9 by

Legislation

decisions

of

a

provides

which

measure,

number of

for

independent

agencies, was approved by the Senate Judiciary Committee
on May 8 with
the recommendation that it be acted upon
in the

near

future.

Army Officers' Promotion bill—This revision of the Army

promotion system was approved by the Senate on May 16
and sent to conference.

bill—Representative Rankin's bill pro¬
all dependent widows, children and
parents of World War veterans regardless of whether their
deaths were caused by service disabilities was approved by
the House on May 13 without a record vote.
Glass bill—This measure, which increases the Reconstruc¬
tion Finance Corporation funds available for railroad loans
by $150,000,000 and allows the RFC to purchase stocks of
the Federal Home Loan banks so as to permit the Treasury
to recapture $300,000,000
invested in the banks as sug¬
gested by the President was approved by a Senate Banking
and Currency subcommittee on May 14.
A provision in the
bill to widen the authority of the RFC to make loans to
banks and insurance companies and to extend the terms of
Pension

Veterans'

viding

pensions

for

be made by National banks was

real estate loans that can

Federal Loan Administrator Jones on

eliminated.

May 23

corporations, subsidiaries of the RFC, to
essential raw materials for the defense program.
This proposal was agreed to when the House banking group
approved the bill on May 29 and the Senate committee on
May 30.
Cotton Insurance bill vetoed—The President on May 4
designed to extend to cotton the

system of Federal crop insurance now being applied experi¬
mentally to wheat, on the grounds that "we do not have
as yet the essential 'backlog' required for the establishment
of a sound actuarial basis for crop insurance."
Both the Interior Department bill and the "Labor De¬

Security bill" were disapproved and re¬
the House on May 29 and 14, re¬

partment-Federal

turned to conference by

decisions

handed

were

by

down

convicted of conspiring

were

artificatial

gasoline prices in

has

court
that

and

deviation

without

and

consistently

showing

no

of

competitive abuses or
alleviate may

to eliminate or

defense.

on

provision

gency

the

that price-fixing agreements are unlawful per se

Act

for Maintenance

Affected by Neutrality Act

Vessels

of

Subsidy Contracts

May 29 passed a resolution to make emer¬

the

for

essential vessels
for adjustment

pf

maintenance

affected by the Neutrality Act of 1939 and
of obligations with respect to such vessels.

.<

Bituminous Coal Act

The

Supreme

which

upheld

Court

Coal Act,

Bituminous

the

passed in 1937 in an effort to stabilize the soft

was

coal industry through marketing and minimum price-fixing
regulations, in an 8 to 1 decision (with Justice McReynolds
dissenting) which it handed dowrn on May 20.
Declaring
that the provisions of. the
of

ers

Congress

Act

"clearly within the pow¬
clause of the Con¬

are

the commerce

under

stitution," the court held that "price control is one of the
available- to the States and to the Congress in their

means

respective domains for the protection and promotion of the
welfare of the economy."
Apex Hosiery Case

court's

The

in

came

and

not

was

wholly

the Apex Hosiery

refused

ex¬

Sherman Anti-Trust Act
handed down on May 27

decision which the court

a

which the court

in

-■

labor

that

contention

cluded from prosecution under the

Co. of

Philadelphia the right to collect $711,932 in damages from
a Congress of Industrial Organizations affiliated union be¬
cause of a seven weeks'
sit-down strike in 1937.
Because
decision

the court's

in line with its 32-year-old policy

was

Apex decision was considered by labor to be a victory.
The court, however, said that the Apex Co. could try to
the

action in the appropriate

collect damages by a comman law
court.
Places

Court

Supreme

Non-Operating
Under

Trucking Companies

In

decision

a

that

held

Employees of
Wage-Hour Act

Bus

and

the Supreme Court by 5 to 4
jurisdiction over hours of work of

of May 27,

regulatory

non-operating employees in the motor carrier industry are
lodged with the Wage and Hour Division of the Department

instead of with the Interstate Commerce Commis¬

of Labor,
sion.

Tariffs of Motor

Supreme Court Sustains ICC Ruling Suspending
Carriers Providing Lower

States

United

The

Freight Rates to Forwarders

Supreme Court on May 20 sustained

orders of the Interstate Commerce Commission

suspending

by 41 motor carriers providing lower rates to
forwarders of freight than to other shippers.

tariffs filed

United

the

Circuit

States

of Appeals

Court

Case Against Sterling

in

spectively.
Three important

ago

years

agreements were designed

a

as

The Senate

ing Government

vetoed this bill, which was

three

Passed by Senate Would Permit Revision of

recommended the inclusion in the bill of a provision creat¬

acquire

this

principle

those

price-fixing legal.
when the oil

not make the

67-page opinion, Justice Douglas said:

years

the

Sherman

interposed

1934, was approved by the Sen¬

bill—This

of the

review

court

to buy foreign

vote of 45 to 36.

a

Logan-Walter

terminates
silver under

which

measure,

maintain

40

to

the

evifc which

re¬

carriers, railroad labor, and agriculture.

does
arose

case

In his

over

adhered
under

port on this measure and returned it to the conference com¬
mittee

upon

and

Midwest.

$107,149,000.

Wheeler-Lea Omnibus Transportation

water

raise

to

For

State-Commerce-Justice Departments appropriation billSigned by the President on May 14 after congressional
had

agreed

Madison

corporations and their officers

military preparedness."

action

3

MONTHLY REVIEW

Denies NLRB

Rehearing

Electric Motors, Inc.

Appeals for the Ninth

The United States Circuit Court of

Supreme Court last month, one upholding the Government
in the Madison Oil case, another upholding the constitu¬

District at San Francisco on

tionality of the Bituminous Coal Act, and another holding
that labor was not wholly excluded from prosecution under
tlie Sherman Anti-Trust Act.

petition to force disestablishment of a company union in
the plant of Sterling Electric Motors, Inc., at Los Angeles.
Justice Mathews concurred in, and Justice Healey dissented

Resolution

President

by

Signed

Owned Ships

Permitting

Operate in

to

Certain Government
Trade

Foreign

President Roosevelt on May 15 signed the resolution

free¬

ing 116 Government-owned ships over 20 years old from the
Maritime Commission's laid-up fleet and permitting their

operation in the intercoastal or foreign trade.

Den man,

Justice

from the

denied,

May 7, in a decision written by

rehearing,

on

a

Labor

Board

In its opinion the court asserted that the
"grasping for power,"

ruling.

National Labor Relations Board was

which

was

"to be expected" in a philosophy of "administra¬

The NLRB

tive absolutism."

May 18 accused the court

on

unjudicial"

and

"intemperate

of

language

in

the

above

decision.
United States District Court Dismisses Labor Trust Suit

President

Roosevelt

ticipation

Signs

Bills Providing

Funds for

New

York and San

Francisco

in

President Roosevelt

on

Federal Par¬

Justice F. Dickinson

Fairs

May 15 signed resolutions author¬

izing $275,000 to continue Federal participation this year in
the World's Fair at New York and $250,000 for the Golden
Gate International

Roosevelt vetoed

President

on

May 3

a

Justice Letts

Navy promotion

retirement bill

of the Marine Corps.

officers

Senate

tion

on

tions

United States Supreme Court Decisions

Contending

that

the

Oil

Sherman

In

Anti-Trust law prohibits

United States Supreme Court on May 6, in a 5 to 2 decision,

sustained the conviction of 12 Midwest oil corporations and

Act.

Douglas

In

wrote

thus disposing of

that




the

violate the Sher¬

the Madison

reasonableness

of

finding that the prosecution

the part of the union and its

indicted by

which prohibit unlawful combina¬

course

a

Federal grand jury early last fall

and private building construction in
of

alleged jurisdictional dispute

an

Union of Operating Engineers.

Pennsylvania Fair Sales Act Declared Unconstitutional

added:

"any combination which tampers with price structures," the

man

was

Columbia in the

District of

The State

Case

five individuals for alleged conspiracy to

laws,

on a

on

Supreme Court

on

May 13 ruled that the Penn¬

sylvania Fair Sales Act of July 1, 1937, is unconstitutional,
according to the Philadelphia "Inquirer" of May 14, which

May 30 and sent to the House.

Madison

Washing¬

in restraint of trade.

local

with the International

six-year $60,000,000 program of
Federal-State-Local hospital construction was passed by the
on

based

intent

charges of having restrained public

Legislation to provide a

Senate

was

the anti-trust

violate

and conspiracies

The teamsters'

the

Coopera¬

Hospital Building

to

officers

on

Votes $60,000,000 Program for Federal-State-Local

said his action

failed to establish criminal

had

unwise the mandatory retirement of rear admirals and gen¬
eral

Associated Press advices from

May 6, added:

ton,

because, he said, the "extremely diffi¬
cult and uncertain status of international relations" made

and

setback in its first prosecution of a labor union under the

anti-trust laws.

Vetoes Naval Retirement Bill

President Roosevelt

acquit four officers of the American Federation of Labor
Union local, causing the Government to suffer

to

Teamsters
a

Exposition at San Francisco.

Letts, of the United States District
May 6 directed a jury

Court for the District of Columbia, on

case

the

Justice

particular

its

of

.

Section

stitution

'

opinion

an

2,

by

Justice Horace

Stern,

it

held

that the

violates the Fourteenth Amendment

of the

Act,

because
Con¬

Federal

and the Declaration of Rights of the State Constitutiop.,

Section

2

provides that "advertisement, offering for sale,

or

sale -of any

merchandise at less than cost by retailer or wholesaler is prohibited."
In

the

reaching

this

ment

the

Appellate

Court

affirmed

tlie action

of

Court of Allegheny County, which quashed an indict¬
against B. P. Zasloff, accused of violating the Act, and the Superior

Quarter Sessions

Court.

decision

4

MONTHLY BFVTEW
New York Taxicab Strike Ends

Union, affiliated with the Con¬
gress of Industrial Organizations, called off on May 28 the
taxicab strike it began April 24 against the Parmelee and
Terminal companies.
The strike was ended, it was said by
union representatives, at the request of Mayor F. H. LaGuardia, "and in consideration of assurances that definite
remedy

to

measures

the

miserable working

conditions

of

called to enforce

commissions from

tions with pay,

an

increase in drivers'

42%% to 45%, the closed shop, 10% in¬
of salaried maintenance employees, vaca¬

in the pay

creases

demands for

Exchange Commission, to succeed himself for the term ex¬
piring June 5, 1945. Mr. Eicher was appointed to the SEC
by the President on Nov. 29, 1938, to fill a vacancy, and
prior to this had been a member of the House of Repre¬
sentatives from Iowa.
'

May

tration for

Senate

the

April 5 at the Reming¬
N. Y., employing ap¬
proximately 400 workers, was Announced on May 2 by
David Lozo, Secretary of an American Federation of Labor
Union.
The company said that it had made no agreement
The

strikers.

strike

called

by the Office
Equipment Workers Union in protest against dismissal of a
union employee.
Construction

Resumed

Work

was

New

as

Jersey

Building

Laborers

Strike Ends

Orders to return to work

three Federal Housing Ad¬

on

ministration projects in
on

Newark, N. J., on May 6 were given
May 4 by Joseph Y. Moreschi, President of the Inter¬

and Laborers' Union, an American
affiliate, to 1,000 striking .workmen
who had been off the job since April 22.
The order followed
a conference in Washington on May 3 among officials of
the Housing Authority, the Associated Contractors of New
Jersey and the union.
The union had demanded wages of
$1.30 an hour for a seven-hour day instead of the present
rate of $1,125 on hour for an eight-hour day.
Under the
temporary settlement it was agreed to strive for a perma¬
nent agreement;
otherwise to submit the controversy to
national

Carriers

Hod

of Labor

Federation

There

arbitration.

was no

change in pay

Conforming to the usual requirements, the Bank for In¬
ternational Settlements held its annual stockholders' meet¬

ing in Basle, Switzerland, on May 27, but the exigencies of
the war made the gathering a peculiar one.
The new

111., and suburban area were
resumed on May 27 under a truce between dealers and union
workmen after an eight-day wage dispute had reduced the
supply to about one-fourth normal.
Members of the Milk
Wagon Drivers' and Dairy Employees (American Federa¬
tion of Labor) unions agreed to return to work at prevailing
wage scales.
The strike is said to have been called May 19
in protest against the dealers' insistence that drivers accept
a wage reduction from $48 plus commissions weekly to $30
plus commissions.
The workmen agreed to submit the
dispute to arbitration if negotiations fail to produce a per¬
manent settlement.
The drivers originally struck May 1
scale.

That

their contract with the old

renew

strike

ended

was

3

May

by

truce

a

pending negotiations which failed.
Great Lakes

•

stockholders at the tenth annual assembly,

Towing Co. and the American Federation of Labor Tug Fire¬
men, Linemen and Oilers' Union agreed verbally that 400
strikers

would
L.

return

to

work,

compromise had been reached
be

increased from

10 months' work
each

time

because of

Federal Labor Conciliator

Faulkner announced.

a

a

on

$8.37 to $9

indicated

was

that

a

union demands that wages

day, with

and payment of

year

man

a

It

a

a

guarantee of

half hour's

reported for work and

wages

sent

was

home

business.

no

James H. R. Cromwell

Resigns

as

United States Minister to Canada—

J. P.Moffat Named to Succeed Him

The

resignation

of

James

States Minister to Canada

H.

R.

Cromwell

as

United

accepted by President Roose¬
velt on May 22. Mr. Cromwell has been nominated as the
Democratic candidate for United States Senator from New

Jersey.
Moffat

was

On May 27 the President named Jay
to

succeed

diplomat, is

Mr.

Cromwell.

Mr.

Pierreport

Moffat,

a

career

Chief of the Division of European Affairs
Department. The appointment was confirmed
by the Senate on May 27.
now

of the State

Holding all proxies, Mr.
6% dividend, which was barely
earned in the year ended March 31, 1940.
Earnings of the
Bank for that period were reported at 7,962,181 Swiss gold
francs, against 8,583,865 Swiss gold francs in the preceding
year.
The usefulness of the B. I. S. naturally has been
enormously reduced by the war conditions which now pre¬
central bankers appeared.

pean

The Bank was originally intended to overcome some

vail.

Roosevelt

sent

to

the

Senate

May 13 the
nomination of Royd R. Say res of Virginia to be Director
of the Bureau of Mines of the Department of the Interior.
The Senate approved the appointment on May 27.
He
succeeds John W. Finch, who resigned last January at the
request of Secretary of the Interior Ickes.
S.

T. Pike Named by President Roosevelt

President
nomination

Roosevelt

sent

of Sumner T.

to

the

Pike of

as

Senate
Maine

on

Member of SEC

May 22

on
as

a

the

member of

the Securities and Exchange Commission to succeed George
C. Matthews, who resigned recently.
Mr. Pike, who is a

Republican, was appointed business adviser to Secretary of
Commerce Hopkins early in 1939, and has been serving since
mid-February as the Commerce Department member of the
Temporary National Economic Committee.
Approval by
the Senate was given on May 29.




difficulties

other

and

transfer

the

of

inherited from

the

the depression hampered its activities
and the second World War apparently has curtailed them
even
more.
Central bankers from all over Europe previ¬

first World War, but

ously attended the general assemblies, but they might lay
themselves open to charges of trading with the enemy if
they proceeded to Basle under present conditions.
Mr. Mc¬
Kittrick was asked to represent all stockholders, and in a

dispatch the Associated Press reported that
meeting "the Assembly put on his hat, stepped

the

limousine, told the chauffeur 'Chateaux Doex,' and

left Basle for the Bank's new mountain
its new and more secluded

and

perhaps

will

prove

of

importance

in the rebuilding

War

World

Second

That the war which started in
a

In

the current war.

which must follow

indeed

headquarters."

quarters the Bank will carry on

Europe last September is

second World War was made bitterly obvious dur¬

ing May, owing to the involvement of three additional coun¬

be taking
and devastating conflict.
Having con¬
cluded the main section of the Norwegian campaign, the
the prospect that still others soon will

tries

and

part

in the great

German Nazi machine moved into the Low

Countries with

complete disregard of the rights and wishes of these tra¬
ditional
neutrals,
and on
the flimsiest of trumped-up

Luxemburg, Holland and

Belgium were overrun in turn, (beginning on May 10, and

long-dreaded
The black
record of German invasion already included Poland, Den¬
mark and Norway, when the Germans marched into the
Low Countries.
Before the war began in a military sense
that date must stand as the beginning of the

intensification of the

the

Nazis

war

taken

had

Notwithstanding

these

in Western Europe.

over

Austria

enormous

and

Czechoslovakia.

conquests of

small

and

mostly defenseless countries, the Nazi military steamroller
was
sent over the Low Countries beginning May 10. in
what must always stand as one of the blackest and most
unprincipled invasions on record.
The intent apparently
was
to intensify the war and bring it, if possible, to a
swift conclusion.

Holland

and

Belgium

were

used by the

Nazis merely as a spring-board for swift and drastic moves
into northern France, where the ports of the English Chan¬
nel fell to the invaders

during the course of a sensational

and blasting enveloping Blitzkrieg.

Luxemburg

was rapidly taken over by the Nazi armies
surprise move of May 10, which ended more than
eight months of stalemate on the Western Front.
Holland

in

the

found

its

defenses

altogether

inadequate and

succumbed

Nazi invaders after only five days of resistance, in
course of which enormous damage was done through

to the

the

aerial bombing of Rotterdam and other Dutch cities.

R. R. Sayers Named Director of Bureau of Mines

President

represented all
since no Euro¬

McKittrick voted the usual

charges of non-neutral behavior.

Tugboat Strike Settled

Shipping operations on the Great Lakes, tied up 12 days
by a tugmen's strike in 17 ports in seven States, were
resumed on May 6.
Representatives of the Great Lakes

Arthur

McKittrick,

Thomas

President,

American

into his

Milk deliveries in Chicago,

wage

for International Settlements

Bank

after

Chicago Milk Drivers End Strike

when dealers declined to

approved the reappointment.

serio-comic

hours.

or

from June 15, 1940.
Mr. Black was
FCA last January. On May 31

six years

on

ton-Rand Co.'s plant at Tonawanda,

the

Governor of FCA

A. G. Black Renamed

29 President Roosevelt reappointed Albert G.
Black of Iowa as Governor of the Farm Credit Adminis¬
On

Strike at'Remington Rand Tonawanda Plant Ends

with

the

member of the Securities and

first named Governor of the

and arbitration in the case of dismissals.

Settlement of the strike called

C. Eicher,

of Edward

name

Member of SEC

as

May 29 sent to the Senate

Roosevelt on

President

employees in the taxicab industry will be initiated v^ry
shortly by the city administration." The strike, it is stated,
was

Reappointed

E. C. Eicher

The Transport Workers

Bel¬

gium held out longest, but also capitulated after the Bel¬
gian and Allied armies which sprang to the aid of the
Low Countries were pushed into a small corner of Belgium,
with escape to France cut off owing to a German envelop¬
ing movement down the Somme Valley in France to the
Channel.
The resistance of the Belgian armies ceased, for
all practical practical purposes, on May 28, when King Leo¬
pold III ordered his soldiers to lay down their arms.
Most
of the Belgians did so, and this action exposed the AngloFrench
Allied

armies to
soldiers

grave

were

threats, from which most of the

extricated

of heroic daring
numbers of
Allied troops were caught in a pocket in Belgium and
northern France, and this first great battle of the Western
Front was thus a victory for German arms.
At the begin¬
ning of June only vague intimations were available of the
on

the

part of the

British

by feats

fleet.

But

great

strength of the relative forces, and of damages and casual-

June, 1940]
ties

suffered.

MONTHLY REVIEW

It is known, however,

that the losses were

frightful.
Even

significant than the immediate losses were the
implications of the German Blitzkrieg.
It was

more

commonly accepted in the Allied countries and in the United
States than Chancellor Adolf Hitler and his Nazi aides
were

unwilling to risk a protracted warfare of economic
strangulation, such as Great Britain and France were wag¬
ing before the latest Blitzkrieg.
The assumption was that
German supplies probably would prove insufficient for a
long war, and that Herr Hitler decided to risk everything
a

single blow.
gardless of losses
from

the

forward

That the Germans moved

re¬

reported in numberless despatches
French battlefields.
In doing so,

was

Belgian and

however, they struck a blow of unimaginable severity
against the Allies, using new tactics and new weapons upon
the

lavish

most

the Low

over

powerful Reich.

It

scale.

air

Vast

German

and

the Allied

Countries

sailed

armadas

kind

fled before the

pitiless bombings, and made ever more diffi¬
After virtual bomb
barrages were laid down by the Nazi aircraft, which held
control of the air over the actual front, great "panzer"
divisions of German tanks and motorized troops wheeled
cult the task of the defending armies.

with

either

side.

When

the opinion of the Nazi

attitudes

and

the Reich

as

this

declaration

even

the borders, and added that

Willielmina

expressed

the

of

and

course,

indignation

of

Holland

a

"flaming protest" against the Reich invasion.
Little
Luxemburg, without an army, was simply overrun in the
of

course

few hours by the Reich
troops.
no match for
the huge hordes

a

Holland

was

aerial, motorized

land

and

troops

that

of

stormed

German

her
borders in the early morning hours of
May 10.
The Dutch
fought valiantly against the surprise attack, which appar¬
ently was aided greatly by spies and
over

by so-called Fifth
Column sympathizers with the German cause.
Breaking
through the Maastricht defenses of Holland was accom¬
plished speedily by heavy German tanks, and a
wing of

tory thus blasted in the most cruel warfare known to mod¬

of the

even

more

speedily through eastern
agricultural region east of

Holland, which comprises the

ordered

Low

Countries, frantic calls for Allied aid immediately issued

Dikes

were

opened to prevent the advance

invaders, and the 400,000 Netherlands troops
to

tactics

resist

to the

end.

But the

the

penetration

were

Germans had

new

fenses.

the

Germans moved

from Holland and

the borders

made

over

one,

Queen
in

the Zuyder Zee.

When

they

the territorial sovereignty of the Low Countries would
be
undisturbed provided they accepted the
"protection" being
offered.
Such statements deluded no

infantrymen, who consolidated the Nazi hold upon the terri¬

,

He

troops broke

the Reich army moved

history.

moved

Government, had adopted unneutral

measures.

the front, sweeping ahead of them what remained of
living beings.
After the armored divisions came German
over

Germans

the

hardly bothered to make a reasonable excuse.
German
Foreign Minister Joachim von Ribbentrop called neutral
diplomatic and press representatives into conference, early
on
May 10, and informed them that the Low Countries, in

lines, blasting sol¬

diers and civilians alike, and creating by their bomb attacks
the most indescribable confusion.
Vast hordes of refugees

ern

publicly announced that Hol¬
engage in secret talks of any

was

land, for instance, would not

strategic

on

the

5

over

of the

Belgium, and huge forces were promptly
The eagerness with

dispatched by the French and British.
which

the Allies

to their

responded to the cries for assistance led

defeat in the

great battle of Flanders and Artois.
Ordinary military calculations were upset entirely by the
swift-moving Nazis, who overwhelmed Belgium in a frac¬
tion of the time required by the armies of Kaiser Wilhelm
in 1914.
The surprise factor was one that the Germans
exploited to the full. They moved while both Great Britain
and

France

ganizations

engaged in extensive governmental reor¬

were

occasioned

Allied

countries

way.

Allied military

by

the popular
withdrawals

the

over

commanders,

indignation

Central

from

by

harried

in

the

the
Nor¬

uncer¬

in

military

authorities ordered the end of
resistance,
lay prostrate before the Germans.
Belgium resisted desperately and heroically with its

of

errors

gian

almost

unprotected, and

to the

armies

poured.

The Nazis blasted

wide in the Little

hole about

a

60 miles

Maginot defenses, and huge forces

were

de¬

and

Holland

authority in their respective capitals, were unable to
also with the amazing German Blitzkrieg tactics.
In
hasty move into the Low Countries, they left an im¬
portant section of the Little Maginot line fronting Belgium
German

Holland's

Netherlands that Queen Wilhelmina and her
family fled to
on
May 14.
Late the same day the Netherlands

their

the

of

London

cope

that breach

for

Parachute troops were dropped
literally by the
thousands at The Hague, Rotterdam and other
centers.
A
part of Rotterdam was captured by such
troops, and mili¬
tary history thus was made.
But all resistance by the
Dutch was useless, and it
quickly appeared that resistance
would merely add to their
horrors.
A large portion of
central Rotterdam was laid in waste
by a ruthless German
aerial bombing, where the
city resisted.
This and other
lessons were borne in upon the
Dutch, and the defense army
was
squeezed so rapidly into a little corner of western

tain

through

readiness

600,000 wrell-trained troops, but it
of military calculation

commanders
aid

and

by

of the Low

were

the

seems that

made, both by the Bel.

Allied

Countries.

forces

which

sprang
of Liege

The fortresses

and^ Namur, keystones of the Belgian
fortifications, apparently

army

some grave

were

regarded

few

defense

precious

Germans

at

system

of

safe against the

as

hurled forward until they reached the estuary of the Somme

Actually, the Reich artillery and air force

Abbeville,

over

the

May 22,

on

frontiers

of

only

12

Low

the

days

after

Countries.

they

Steel

moved

fingers,

such as the Germans extended last
sent

wrere

out

followed

were

armies south

ground.

of the Somme

the

end,
were

Opinion
whether

unable to retake the lost

were

entrapped

in

the German

enveloping

fought bitterly to regain contact with the French

forces south

forces

so

September into Poland,
Germans, but the motorized units
quickly by the infantry that the Allied,
the

The Allies

movement

At

by

of

the

Somme, but this endeavor also failed.
British and part of the French
by the British fleet.

of the

most

withdrawn from Dunkirk

wavered,

German

as

Nazi

these

forces

battle

next

moves

would

be

developed,

sent

against
The Germans themselves^,
utilizing propaganda methods in their own inimitable and
Great Britain

against France.

or

unprincipled way, made it appear afc first theat they ex¬
pected next to invade Great Britain. But military observers
pointed out that it would be hazardous for the Ger¬

soon
mans

to

move

over

the

Channel,

only because such
an operation would be difficult in
itself, but also because
their flank would be subject to attack from
France.
The
assumption generally held at the end of May was that
the

rich

industrial

section

of

not

France

was

marked

out

on

Nazi maps as the next area of
anticipated conquest. Partial
confirmation was afforded by heavy German aerial
attacks
on

cities

June 1
viewed

in

and
as

the

2.

Rhone

Valley,

clear

But these aerial

dpwn to Marseilles,
bombardments also were

May, Italy seemed to be verging ever closer to partici¬
pation in the war on the German side, and it is obvious
that Herr Hitler was doing all in his
power to persuade
axis

partner

to come in.
The bleak prospect at the
that Premier Benito Mussolini might move
his Italian legions against the Allies in June.
In view of
all these circumstances, May must be written
down as a
bitterly unfortunate month for the Allies.

May

was

The

Like other countries

Low

simply

besieged,

around

them

Countries

German

lessly, the Low Countries fell

armies

invaded

ruth¬

after another before the
Grim and dreadful "total war"
one

swiftly-moving Reich corps.
was waged by the
Germans against the unoffending small
countries.
In the first days of
May much anxiety over
just such a possibility prevailed in Holland and
Belgium,
and pointed efforts were made to avoid
giving offense to




weeks

or

months.

to

while
the

the

attack

main

German

Belgium.

upon

army

An

swept

odd

inci¬

dent, still unexplained,

was the capitulation of the fort of
Eben Emael, apparently to parachutists.
To all intents and
purposes, Liege fell to the Germans on May 11, and the
Reich troops then headed for the
great Albert Canal and
the Forest of Ardennes.
They forced a crossing of the
defensive Canal without much
delay, and are said in some
reports to have found the easily-defended Ardennes virtu¬

ally vacated by the Belgians and French.

It would

seem

that defense

troops were rushed to the industrial portion
of Belgium, and the way to and
through the Little Maginot

line left almost undefended.
the Germans hemmed the
in

a

In

series of swift marches

a

Belgians and

some of their

Allies

narrow

strip along the coast, after taking Brussels
and other key cities of Belgium.
King Leopold III gave
orders on May 28 for resistance to
cease, and the great
bulk

of

his forces

followed
was

taken

the

under

But

Allies

ordered

to

as

pressure.

the

when

laid

down

decision
the

some

from

told it would

their

of

stress

the

of

observers

Flanders

and

Recriminations

arms.

King, which

emotion
state

and

that

Artois

of

the

retreat

already

had

Leopold acted, and until
seem

the full
wise to suspend judgment.
New

Western

obviously
military
of

been

story

is

Front

Owing to the German break through the Little Maginot
line, which consists of earthworks and pill-boxes of far less
effectiveness than the great
the German border, a new
in

May

on

the West.

considerations for

Maginot line in France opposite
military front was established

This military action involved grave

the Allied forces.

The

motorized

units

sent

by the Reich through the gap in the Little Maginot
line opened the way to the Channel ports.
The stunning
news
of the fall of Abbeville meant that
something like
1,000,000 Belgian, British and French soldiers were in a
trap

that

a

these

possible indications to Italy that the Reich still

out

his

least

at

were able to lay
great bastions in a matter of days, and occa¬
sional forts in the system that held out
for a while were

low

held sufficient forces to bomb distant French
points, after
the devastating battles in Flanders and Artois.
Through¬

end of

for

or

encirclement.

British

Belgium when this terrible

forces

were

deepest

into

news

developed, and they fought
gallantly against the Germans along the Scheldt and other
river fronts, giving ground only on orders issued for mili¬
tary
in
the

reasons.

some

areas,

Germans

manders

French

forces

the Ninth
in

captured.

apparently

French

"dissolution,"
Several

with

other

were

shattered,

Army being reported by
its

French

divisional
armies

com¬

were

in

MONTHLY REVIEW

6

A unanimous vote of confidence in

Beaverbrook.

the

of Lord

mination to effect a

this regime was

trap, and they fought with the greatest skill and deter¬
junction with tlieir main forces south
of the Somme.
At one time the gap between the forces in
the

south of the Somme was said to be

and others

trap

granted by the House on May 13. Premier
Paul Reynaud retained his post in France, but widened his
Cabinet by taking in Nationalist and Social party repre¬

only 13 miles.
But through that narrow passage the Ger¬
mans
continued to pour their "panzer" divisions, which

sentatives.

and Calais.
After Belgium capitulated the order to retreat to the
Channel ports was imperative and was openly admitted
by the British and French authorities.
There followed, in
the last days of May, one of the most remarkable retreats
in
military history.
German forces took Boulogne and
surrounded Calais, leaving to the entrapped Allied forces
only the port of Dunkirk for withdrawal by the sea route.

were

swept

from Abbeville toward Boulogne

on

and French slowly withdrew,

Toward Dunkirk the British

remnants of the Belgian army which refused
to accept the order of King Leopold.
Blasted continuously
by German airmen, and hampered by millions of refugees
on
the highways to Dunkirk, the Allied forces succeeded
brilliantly in extricating a goodly part of their men and
with

along

In

and Artois

French

down

and provided a

of May,

the area in the last few days

over

Fog

reach England and safety.

managed to

area

respite from the vicious Nazi bomb attacks,

Hardly

line.

Little Maginot

the

through

break

German

effort seems to have been made by the French forces
south of the Somme to storm the German positions on the
any

aid the beleaguered
commentators assume that

northern bank of the stream, and thus

Some

armies.

Allied

military

this was due in part to

the need for extensive reorganiza¬

eventual de¬

of the French forces with a view to the

indeed, that the
will make their next attack toward the French
Military logic indicates,

Paris.'

of

fense

Germans

capital, and the trapped armies possibly were

sacrificed for

important reason of defense of Paris and the industrial
area of France.
At the end of May the Allies were estab¬
the

lished

Germans
stream.
British and French contingents still
and a small part of Calais, but the Channel

the

on

south

north of that
held Dunkirk

bank of the Somme and the

ports were regarded as lost to the Germans in a
days.
Ail interest centered in the next move by
French

or

Germans,

the

matter of
either the

in view of the grave defeat

and

held much more likely that
first.
An attack on England no

suffered by Allied arms it was
the Germans would

longer can
and

some

would
a

move

was

the

on

or

In general, however, a

at least attempt such
German sweep through

considered more likely.

aerial

The

Channel,

the

across

maneuver.

France

move

be considered outside the realm of possibility,
observers held to the belief that the Germans

arm

Western

came

Front

into

greater

ever

and

intensified,

was

use

the war
some of the
as

"strafed" by

extreme.
bombed
civilians indiscriminately.
Refugee lines were
machine-gun fire from airplanes, and the con¬

tention

advanced

developments in this connection are grave in the
As in Poland and Norway, the German airmen
soldiers and
was

Allied

the

on

attacks on

side that

calculated German endeavor to add to
the Allied confusion and disorganization.
The British air
refugees
force

were

finally

a

on

increasingly

through

countered

bomb attacks

German

destructive

concentrations behind

the lines,

Bremen,
bomb¬
ings of the British east coast were reported, but not much
damage was done in such raids.
German spokesmen said,
however, that all such attacks would be repaid ten-fold,
and bombing horrors thus appear all but inevitable. French
airmen participated in the attacks on German industrial
cities, and German bombs were sent down on Rhone Valley
towns during the first day or two of June.
and

on

German

such

supply

Hanover and Duesseldorf.

Allied

cities

as

Hamburg,

A few German retaliatory

Governments

and

Commands

May

8,

by

a

division

in

which

Prime

Neville

Minister

Chamberlain received 281 votes against 200 opposing
with
Mr.

132

members

Chamberlain

Lacking

abstaining.

endeavored

to

form

a

a

tallies,

clear majority,

National

Govern¬

and
on
May 10 the Chamberlain regime resigned.
Winston
Churchill, who held the Admiralty post under Mr. Cham¬
berlain, was entrusted by King George with the task of
forming a new regime, and this was accomplished expe¬
ditiously by the new Prime Minister.
Mr. Churchill formed
ment, but Labor spokesmen refused to join this move,

obtained the cooperation
Liberal factions. He retained Lord Hali¬
fax" in the foreign affairs post, and named Sir Kingsley
Wood as Chancellor of the Exchequer.
A new Ministry of
Aircraft Production was organized, and placed in charge

an

were

inner war Cabinet of five, and

of all Labor and




regarded

as

military secrets.

A

British Imperial General Staff was an¬
nounced on May 26, when Sir John Greer Dill was placed
at the head of all forces.
Sir Edmund Ironside was named
as the chief of
the Home Defense, on being Replaced by
General
Dill.
The Belgian defection was admitted on
the

in

May 28 by Prime Minister Churchill and Premier Reynaud,
public addresses to their respective peoples.

in

was

reached

conviction

German threat, and plenary powers to con¬

to the

answer

The new British Government
that total war will have to be the

step.

this

by
the

In neither

attempt made to disguise the bitterness en¬

any

gendered

were voted the Churchill
Excess profits over standard pre-war
years are to be 100%, according to the terms of the new
legislation. Aircraft and munitions output is to be speeded,
and in many other ways the war will be intensified on the

all

script

and all property

life

on

May 22.

the United Kingdom.

home front in

Occupied Regions

Only occasional reports have been made available of late

regarding
German

in

conditions
With

forces.

countries occupied

the many

the

by

of the small area

exception

of

Norway around Narvik, such occupied countries appear to

pacific, although the appearances may well be deceptive.
Narvik fighting continued
bitterly throughout May,
29.
German forces retreated from the ore port in northern Nor¬

be

At

with the town itself finally falling to the Allies on May

but took

way,

of

control

mines

outlet

of

famous Kiruna

the

out, in

iron

withdrawal

the nick of time for the desperate engage¬
Front.
Important Norwegian units

the Western

on

French around Nar¬

cooperating with the British and

are

Allied

The

thus continues.

Norway was carried out successfully and, as it

from central

ments

positions nearby, where they were sup¬
aerial force.
The real battle for

Atlantic

the

Sewden

in

turned

up

the, German

by

plied

but available reports indicate that further resistance
has ceased in central Noiway.
In Denmark quiet accept¬
vik,

of

ance

Nazi

the

military

occupation

is

reported in dis¬

patches to the New York "Times."
Holland and Belgium
are
only now being ranged under the Nazi rule, and re¬

Poland,

from

ports

and vague to

scarce

Czechoslovakia and Austria are too
be of much value in forming opinions

regarding conditions.
Italy

and Other

Neutrals

Still greater extension of the

second World War appears
to depend, for the moment, upon Italy and its dictator. Pre¬
mier Benito Mussolini.
Throughout May the Italian press
poured vituperation upon the Allies, and every official
nerve was strained to make Italy ready for participation
at the side of the Berlin partner in the axis that Rome
originated.
Troops were concentrated in ever-increasing
numbers on the French border, and student demonstrations
against the Allies and in favor of so-called Italian aspira¬
tions were encouraged.
The cry for Nice, Tunisia and other
Italian aims was raised again and again, and Premier Mus¬
apparently deaf ear to pleas for continued
A plea from President Roosevelt
May 16 that Italy refrain from participation in the
great conflict was said in Rome to have left Premier Mus¬
solini turned
aloofness

an

from

the war.

on

solini unmoved.

lini

was

unable,

so

In

the early days

to

bear

owing

to

still

the

another

Italian aloofness.
would

of June Signor Musso¬

busy with alleged war preparations that he was
pressure

States Ambassador William B.

war

effected in Allied Cabinets
and military commands, and it is a reasonable surmise that
Chancellor Hitler moved in that month partly because the
changes were in progress.
Debate on the Norwegian ques¬
tion in the London House of Gammons was followed, on
Throughout May changes were

less

commander, but the names of those relieved and
successors

change

of many men.
Although the Allied retreat was carried out ably, the
fact remains that a new front developed because of the

tion

15

the

of

saving the lives

thus

No

by

new

regime

settled

forces.

French

than

their

of

transport.- But most of the British Expeditionary
Force and a sizable part of the French armies in the en¬

circled

General
named in France, on May 19, as the

Generals were relieved of their posts thereafter

commander

new

the

Allied commands

fully revealed and comprehended.

was

Maxime Weygand was

case

small

,

far-reaching, especially after the debacle in Flanders

From Dunkirk the forces were conveyed toward
British ports in a steady stream by British naval vessels
oL all
sprts and descriptions.
German bombing planes
attacked the retreating troops and sank some ships.
The
Allies admitted the loss of three British destroyers and a
equipment.

//•'

military sphere the changes in

the

It

develop,

message
was

of time,

to receive United

Phillips, who was rumored
from

Mr.

Roosevelt urging

generally accepted in Rome that

probably without the

formality of a

declaration, between June 10 and 20.
French authorities
neglected to go through, in the final days of May. with
the signature of a commercial accord with Italy.
British
contraband
controls
halted
their practice of
searching
Italian
tion

of

ships at Gibraltar.
Italian

vessels

in

Orders were issued for deten¬
ports, and all signs thus

home

pointed to early participation by Rome.
It was still considered possible in some circles, on the
other

hand, that Premier Mussolini was

on

the
the

using his position

large numbers of French troops occupied
the border, and sizable Allied armies concentrated in
Near East.
By this means, it was argued, he extended
same sort of aid to Germany that the Reich gave him

mainly

to keep

during his Ethiopian campaign of 1936.
But
war seemed to lower over Italy on June 1,

the clouds of
when it ap¬

peared that a Spanish military mission had passed through
Rome and moved on to Berlin.
Whether the Spanish Gen¬

listen to
could not
ascertained, but it would hardly appear that Spain could

Francisco Franco, was inclined to
German-Italian arguments for aid against France

eralissimo,
be

be

factor

a

in any event, after

of importance in the war,

civil war.
Russia was courted
by the British authorities, to a degree, but seemed disin¬
clined to aid the Allies.
It was indicated in Moscow that a

three years of a devastating

Sir Stafford Cripps would

British trade mission headed by
be

7

MONTHLY REVIEW

June, 1940]

unwelcome, unless Sir Stafford went to Moscow as an

Ambassador, rather than

States

debatable, although some
be moving from the Baku fields to the. Reich.
countries
were
nervous
and apprehensive

May to expedite the return to the United

American

of

nationals

in

stranded

Europe,

and

special trips of passenger liners were arranged for this pur¬

A

pose.

of concern prevailed in Washington
Nazi moves in Latin-America, but the

deal

good

regarding possible

this attitude is not yet clear.

occasion for

The aid being

trade negotiator.

a

made during

was

Steel Trade—Non-Ferrous Metals

extended by Russia to German is
oil is said to

The

Balkan

throughout May, with the prevailing tendency

indicated by

Cabinet favorable to the Al¬
lies and its replacement by a regime oriented in favor of
Germany. With the Reich at the head of the Danube Val¬
ley, and Italy and Russia able to apply pressure from either

the

ousting in Rumania of

side,

obviously seem advisable for the Balkan
Germany.
Turkey, on the other

would

it

countries

a

conciliate

to

safe in the Allied camp.

hand, was reported

East

Far

overwhelmed

that

arose

whether

Navy

toward

control

That

Indies.

move

any

or

would be made by the Japanese
seizure of the Netherlands East

United

the

days the situation in
for the problem promptly

five

in

country

May 10 and

States would

oppose

any

change

stretching more
than 3,000 miles along the equator, was made, plain by
Secretary of State Cordell Hull some months ago.
In obvi¬
ous
response to the American attitude, Japanese spokes¬
men declared that Japan, also, is interested mainly in the
maintenance of the status quo in the East Indies.
But

in

sovereignty of those great islands,

the

there

be interpreted in

that can

Strenuous efforts were made by the Japa¬
reach a settlement of their "China incident" with
ways.

to

nese

in May

indications

were

various

Generalissimo

Chiang

These moves failed, and

Kai-shek.

they were followed by renewed airplane bombings of Chung¬

It is obvious, of course, that

king and other Chinese cities.

production

from

other

countries,

intensive

those

by the succession of disturbing news from

caused

and

building

pig

iron

their inventories in anticipation of greatly ex¬

up

and our own Govern¬
In addition to
greatly expanded steel purchases by domestic consumers, a
considerable volume of pig iron business has been done, de¬
liveries extending through the third quarter.
Some com¬
panies are virtually sold up for the next two months at
least.
While specifications for sheets and strip against
recent low-priced commitments have been a factor in the
requirements of the Allies

panded

for

ment

its

The

be determined whether this means

abandon¬

German claims or a mere incitement to Japan.

in China continues and, at this time, has the odd

war

of

characteristic

bulwark

a

Japanese

against

aggression

alone

steel volume of the past week, they are
responsible, as orders have increased for nearly

all products, many

United

Disclosure

German

the

of

invasion of such

States

Blitzkrieg possibilities

obviously neutral countries

as

in

the

Holland and

Belgium have evoked the profoundest and most far-reaching
the

has

country

moved perceptibly

nearer

to active

participation in the great conflict now raging.
President
Roosevelt expressed the official viewpoint on several occa¬
sions, usually in the form of demands for prompt and heavy

for warfare, on defense principles.
He de¬
special defense message to Congress in person, on

preparations
livered

a

May 16,
air

an

which vast expenditures were requested, and
expansion program suggested that would provide
in

the country with

50,000 airplanes in short order, along with

productive capacity of 50,000 airplanes annually.
Con¬
gress proceeded to vote heavy outlays for naval, land and
a

But all these matters

aerial armaments.

tinged with
To persistent demands that

presidential campaign colors.
he

stand

state his

turned

a

sonably
entrust

on

the

third

term

were

issue.

Mr.

Roosevelt

deaf ear, and in many circles it was argued,

that Mr.

enough,
with

Roosevelt is

additional

vast

funds.

not

The

the

rea¬

person

demand

of

to
the

of

May,

1940,

was

estimated

at

against 3,139,143 tons in April last
1,923,625 tons in May, 1939.
At the end of May of
this year 171 blast furnace stacks were reported to be in
as

gain

operation, a

of 16 over

the

155 at the close of the

preceding month.
There has been pronounced strength in
the steel scrap market, the "Iron Age" scrap composite price
rising from $16.38 to $16.75 a gross ton on May 7, to $17.58
May 14, to $17.92 on May 21, and to $18.17 on May 28,

on

which

latter

of May

price compares with $14.21 in effect at the
of last year.
No changes were recorded in

finished steel or pig iron, the "Iron Age"

com¬

posite quotation for these metals holding at 2.261c. a pound
and $22.61 a gross ton, respectively, as compared with 2.236c.
for finished steel and
of May,

reactions in the United States, and it would be idle to deny
that

month

and

the prices of

Policy

of them obviously for stock." The maga¬
reports that production of pig

Cleveland

3,491,009 net tons,

close

elsewhere.

program.

larger aggregate

the

to

defense

national

during

remains

Europe,

buyers have quickly sensed the possi¬
bilities of shortages or delayed deliveries later on and are
steel

iron

ment of any

characterize

some

of

it

which

the past week which will bring the May volume
companies close to the high figures of last autumn.
Notwithstanding the caution and confused state of mind

of

"Steel"

of a

movements

in

vance

zine

question

the

buying

periods of great stress.
While business has been steadily
improving during the past few weeks, it made a sharp ad¬

general war
in the Far East possibly depends upon decisions taken in
these fateful days by Chiang Kai-shek.
Much interest was
aroused by a Japanese inquiry as to views of other nations
regarding the vast Dutch possessions.
Tokio made it
known, late in May, that the German Government had ex¬
pressed a "lack of interest" in the fate of the islands, and
and

located,

Italy in particular, will bring total

May to about double those of April.
In its
issue of May 30 the same publication said, in part:
"Fore¬
handed consumers of iron and steel have launched another

not

are

trend in

so

sales in

steel

Japan is unlikely to risk a fight with the United States
while still
engaged in China, where 1,000,000 Japanese
soldiers

reported the strongest upward

trade

far in 1940, with steel scrap prices
rising to highest level for this year.
In its issue of May 23
the "Iron Age" stated that while steel users are not being
stampeded as they were last fall, there has been substan¬
tially heavier domestic buying, which with Allied purchases
of close to half a million tons and generally good orders
steel

of

When German forces moved into Holland on

the Far East became more grave,

The steel

The

$20.61 for pig iron during the month

1939.
rate of steel

operating

companies having approxi¬

mately 97% of the steel capacity of the industry, according
to

\the American Iron and Steel Institute, was scheduled
76.9% for the week beginning May 27, 1940 (the highest
rate since the week of Jan. 29 last), and compares with
73.0% for the week beginning May 20, 1940 ; 70.0% for the

at

preceding seven-day period; 65.8% for the week beginning
May 6, 1940, and 61.8% for the week beginning April 29,
1940.
At the close of May of 1939 operations were reported
to be at the rate of 52.2% of capacity, and in the last week
of

May, 1938, at 26.1%.
to non-ferrous metals, "Metal and Mineral Markets"

As

reported during the month, in substance, as follows:
De¬
for domestic account was moderate toward
the close of May, but the tone was steady on prospects of a
mand for copper

rate of consumption this summer because of arma¬
activity here.
Unlike most commodity markets, nonferrous metals benefited by the turn of events in the war

good

ment

country plainly was for armaments without stint, but with¬

zone

out

country by the Allied Purchasing Commission. This activity
cleaned up nearly all of the cheap near-by copper, and late

political

use

or

misuse.

In the highly important and delicate sphere of foreign
policy, Mr. Roosevelt appeared to be moving cautiously.
He expressed the obvious sentiments of the Nation in ref¬
erences

to

the

unfortunate trend

of events in

Europe.

At

conferences and in official statments, Mr. Roosevelt
to the desperate plight of millions of refu¬

press

called attention

from the battlefields in Flanders and Artois, and he
appealed for contributions to the American Red Cross, so

gees

that the

plight of the refugees might be alleviated.
Several
attempts were said to have been made by };he President,
during May, to induce the Italian Dictator, Premier Musso¬
lini, to avoid entrance into the great conflict, but there
was

no

cated

official

that

the

confirmation of these reports,

presidential

Mr. Roosevelt also

was

was

were

not

reported to have urged

attitude of neutrality upon
confirmation

efforts

lacking.

which indi¬

succeeding.
a

continued

Hungary, but here also official
The

communicating with the people

"fireside chat" method
was

of

resumed by the Presi¬

dent, May 26, but the address consisted largely of a defense
of Mr. Roosevelt's defense expenditures, which have been
the heaviest in the

peace-time history of the country. Not¬
withstanding the huge outlays, it is admitted on all sides
that the United States is unprepared for war.




Every effort

on

of

May

Europe in that larger

29

some

business

orders were placed in

was

booked

at

ll^c.,

this

Valley,

which quotation has been in effect since Feb. 20 last.

Do¬

mestic sales of copper

for the week ended May 28 amounted
to 7,236 tons, as compared with 11,946 tons in the preceding
week, 27,871 tons in the week ended May 14, and 7,817 tons
in the week ended May 7.
Demand for lead was quiet dur¬
ing the last half of the month, sales for the week ended

May 29 totaling 4,019 tons against 4,960 tons in the previous
week, 21,407 tons in the week ended May 15, 4,980 tons in
the

week ended

May 8, and 2,874 tons in the week ended

The price of lead on May 6 declined 10 points to
the basis of 5.00c., New York, at which figure it held
during the remainder of the month.
Inquiry for lead was
fairly active, chiefly for export, and the price was raised
on May 24 from 6.14c. to 6.39c., New York.
Sales of com¬
May 1.

mon

grades of zinc for the week ended May 25 amounted to

4,895 tons, as compared with 10,375 tons in the preceding
seven-dhy period, 8,824 tons in the week ended May 11, and
1,315 tons in the week ended May 4.
Demand for tin was
fair to active, the quotation
for this metal increasing

sharply

on

lowing

the

May 10 from 47.62^e. to 53.50c., New York, fol¬
invasion of the Netherlands.
Tin closed on

MONTHLY REVIEW

8

May 31 at 55.00c., New York, which compares with 47.25c.
at April 30 last.
Tin-plate operations in the United States
rose from around 65% of capacity at the beginning of the
month to 72% in the closing week.
Third-quarter export

past month.

less

Tin Committee to 100%,
against 80% in the second-quarter period.

were

times when the markets

In fact, there were

were

quotas of tin were raised by the

secutive

da,ys

softwood mills,
May 25, 1010,
9% less, and new business

operations of representative hardwood and
production during the week ended

1% greater, shipments were
6% less than in the preceding week.

was

Compared with the

production was 7% greater,
shipments 2% less, and new business 1% less. The industry

corresponding week of 1939,

weekly average of 1929 pro¬

stood at 74% of the seasonal
duction and 75%

21

of average 1929 shipments.

Reported production, shipments and new business for the
weeks ended May 25, 1940, were, respectively, 9%, 7%
8% in excess of the same figures for the correspond¬

and

ing period of 1939.
and shipments were

in recent years)

(unprecedented

con¬

occurred

month. Domestic crop conditions
bearish sentiment, but the sell¬

favorable and fostered

in some quarters, to the Allied

ing was largely attributed,

that exports of wheat would be dis¬

the theory

on

of markets in Holland and pos¬
pointed out that there was
threatened Blitzkrieg against
shipping would be increased and thus hinder the
wheat to Great "Britain.
Another explanation for

rupted owing to the loss

According to reports to the National Lumber Manufac¬
turers Association from regional associations covering the
lumber

Limit declines for two

demoralized.

around the middle of the

reverses

Lumber Movement

or

more

For the 21 weeks of 1940 new business
both 5% above production.
stocks was 20%

The ratio of unfilled orders to gross

on

May 25, 1940, compared wTitli 17% a year ago.
Unfilled
were 15% heavier than at the same time last year;

order

sibly Belgium.
It was also
the possibility that Germany's
British
flow

of

decline

the

credit
tion

it

the freezing

upon

of cash and

In this

connec¬

interests

were

positions owing to lack of avail¬
able cash.
In regard to the domestic crop situation, reports
from virtually all sections of the wheat belt noted improve¬
ment, and crop complaints were conspicuous by their ab¬
sence.
Beneficial rains were said to have worked wonders
unable to hold their long

in

replenishing top soil moisture, and to some extent sub¬
mosture reserves.
In fact, it was believed that the

soil

sufficient moisture to carry
time.
Advices from the Canadian
spring wheat belt were also of a favorable character, with
in many areas now has

crop

it

for

through

United

produced 247,416,000 feet of softwoods and hardwoods com¬

May

bined; shipped 229,179,000 feet, and booked orders of 227,252,000 feet.
Revised figures for the four preceding weeks,,
follow :
'•'
"7"
■ /■'
- ---- —T;'T
- •;

States

bushels

winter

some

the

in

increase

an

gross

stocks were 4% less.
During the week ended May 25, 1940, a total of 494 mills

centered

was

European commercial interests.
was
maintained that some foreign

of

of

at

over

10 the

increase of 33,476,000

an

estimate of April

the

May

Agriculture estimated the
the basis of conditions on

production, on
459,691,000 bushels,

wheat

1,

On

anticipated.

acreage

Department

1.

In commenting

on

517

242,207,000

248,516,000

235,947,000

4, 1940

513

228,053,000

256,808,000

237,042,000

situation, the Department said the crop
prospects had improved markedly during April and the
early part of May as a result of good rains in some areas
where they were badly needed.
It added that prospects
were well
up to average.
During the latter part of the
month the markets gave indication of being well liquidated,
prices showing increased ability to withstanding the effects

April 27, 1940

515

236,073,000

244,557,000

240,558,000

of

No. of

May

May 11, 1940
May

Shipments

{Feet)

{Feet)

{Feet)

518

18, 1940

Production

Mills

Week Ended—

Orders Received

245,590,000

250,832,000

242,190,000

tpp fffporal farm

adverse

However, confidence did

news.

sufficiently restored to maintain a
vance.
Government activities played

Hides, Leather and Footwear

The First National Bank of Boston, in its

"New England

in helping

Letter," under date of May 31, discusses these markets as

in this

follows:

for

"Trading in shoes and leather has come to a standstill
manufacturers

as

find it difficult to

establish

a

basis for

prices following the sharp decline in the raw stock markets.
As soon as conditions appear to be stabilized, however, siz¬
able orders for fall footwear should be placed.
New busi¬
ness in
leather also should improve, although volume in
some lines may be restricted by the moderate carryover of
leather in shoe factories whose spring season failed to come
up

in their slack season.

are

Output is

running about 8% belcny a year ago, but production of fall
and winter fbotwear Should get under way in the near
Retail

future.
more

sales

of

shoes

meanwhile

registering

are

favorable comparisons

estimated to

with last year, and stocks are
have been drawn down moderately below the

year-end level, when they were ample as the result of for¬
ward

buying last fall.

the principal

While confusion abroad constitutes

restriction

forward purchasing at the mo¬

on

The loan will net farmers an average

1940 crop.

bushel on the farm, an increase of lc. over 1939.
Another important factor was the establishment of mini¬
prices on the Chicago Board of Trade.

mum

centered

minor

on

style uncertainties, which are

consideration,

rather

than

on

the

a

July, 78%c.; September, IS^c., and December, 79y2c.
and

inability

of

dis¬

"The

leather markets have

drop in
some

hide prices.

pressure

Sole

since shoe

been

leather

unsettled

rye

small

light pressure emanating from the

the relatively

movement to

has

manufacturers

been

subjected

have

to

maintained

comfortable supplies all spring and tanners' holdings are
reported to be ample for this time of year. Tanning opera¬
tions have been moderately curtailed for several weeks.

In
leather the market has been fairly steady, since style
features have discouraged the accumulation of inventories.
The relative scarcity of calfskins and light cattle hides also
upper

has imparted some buoyancy to the market.

prices in

Octobert

general
many

While leather

moderately below the peak of last
grades are still above the level of last
are

summer.
were

close to the lowest point in at least 18 years and 20% below
the

average for this time of year during the past decade.
Slaughtering is running below normal and imports have de¬

clined from the active rate of last winter.

Chicago

the

July

wheat

against an opening
of lOG^c. on May 1.
At Winnipeg the July wheat option
closed on May 31 at 74%c. as against an opening of 90%c.
on May 1.
July corn in Chicago closed on May 31 at 60%jc.
compared with an opening of 64% c. on May 1.
July oats
closed at 31*40. compared with an opening of 37%c. on
May 1.
July rye closed at 46%c. as compared with an
opening of 69%c.

on

as

May 1.
Sugar

After

during the early part

holding steady

month the market

for

of the past

"futures" subsequently eased.

sugar

responsible for
of the month,
while offshore producers responded to the news by with¬
drawing offerings of raw sugar.
Later, the hysteria occa¬
sioned by the growing expectation in some quarters of a
quick German victory prompted liquidation, under which
prices reacted.
Two developments occurred, however, to
mitigate the unfavorable aspects of the situation.
These
included the announcement by the sugar division of the
Agricultural Adjustment Administration that a normal
supply-demand relationship would, if necessary, be main¬
tained through the medium of quota adjustments despite
the trend of happenings abroad.
It was generally believed
war

speculative

in

"Stocks of hides and leather in all hands last month

In

market.

closed on May 31 at 81%c.

option

New

by the sharp

Oats

developed weakness during the past month, but
corn
ruled comparatively steady.
In regard to corn, the
chief constructive factors continued to be the Government

relatively

tributors and manufacturers to agree on price.

The minimum

prices at which trading will be permitted are as follows:

ment, it is considered significant that the delay previously
had

important part

an

The most important factor
the announcement of a Government loan

of 64c. per

loan and

to expectations.

"Shoe manufacturers

to

to check the decline.

respect was

the

not appear

sustained price ad¬

be

developments

buying

in

during

Europe

the

early

the trade that this was obviously

were

part

done for the purpose

of

reassuring the price structure of the market.
The other
development, more fundamental in character, was the an¬

nouncement

that

Great. Britain

would

acquire

the

entire

output of sugar from the British colonial possessions over¬

Spot hide prices
by the record drop in the hide futures
niarket which in 10 days declined from 14c. to 9c. per pound

seas.
The market for raws ruled dull, which was not sur¬
prising in view of the large raw inventories generally held
by refiners, while Withdrawals of refined were light owing

for the nearby contract.

to

have been disrupted

Values previously have been 40%

above the level of last August.
This speculative liquidation
made available substantial quantities of resale hides at quo¬
tations in line with the futures market.
The Chicago pack¬

willing to lower light native cowhides only to 11c.
per pound as compared with 13%c. early in May.
The
divergence between the trader and packer markets ulti¬
ers

were

mately should be eliminated and thereby provide a basis
as the industry enters the summer
period of prime quality hides and the important fall shoe
run gets under way."
for normal accumulation

Grains

in

Aside from temporary technical rallies, prices for wheat
domestic markets m^ved sharply downward during the




the

unseasonable

weather.

Sales

of

Cuba

during the month consisted of the following:

May shipment at 1.90c.
at 2.00c.

c.

& f.;

on

raw

sugars

On May 8,

May 10, June shipment

i. f., and May shipment at

2.00c. delivered, and
May 23 June shipment at 1.80c. delivered.
The whole¬
sale price for refined, immediate delivery, was quoted at
c.

on

4.40c. to 4.50c. until May 14, when a flat price of

4.50c.

was

quoted by all refiners and maintained during the remainder
of the month.
Coffee

Prices

in

the

market

for

coffee

"futures"

reached

new

all-time

lows during the past month, but steadied during
the latter part.
The war developments in Europe prompted

liquidation,

the inference

being that European outlets for

Repre¬
hemisphere were
reported to be arranging for a joint meeting in New York
City, on June 15, for discussion of mutual problems.
In
the meantime advices from Brazil indicated that the Gov¬
ernment was considering new and far-reaching measures in

Brazilian coffee
sentatives

effort

an

of

were

to be even

further curtailed.

producing countries of this

to

correct

The new pro¬

situation.

coffee

the

posals, which are said to be more sweeping than anything
heretofore, included the following:
The establishment of

the crop for four
500,000,000 coffee trees, with the
Government paying the farmer one milreis per tree, and to
withdraw for destruction the entire surplus in Brazil at
the end of the current crop year.
Should these proposed
plans materialize, it is pointed out that they would reduce
the Brazilian coffee crop to about 10,000,000 bags a year.
During the latter part of the month an improved demand
was noted
for spot coffee from roasters.
No. 7 Santos was quoted on May 31 at O^c., the same
as on April 30, against 6%c. March 30; 6%c.@6%c. Feb. 29,
the same as on Jan. 31, against 6%c.@6%c. Dec. 29; 6%c.@
6%c. Nov. 30; 6%c.@6%c. Oct. 31; 6%c.@7c. Sept. 30;
6%c.@6y2c. Aug. 31; 6%c. July 31, the same as on June 30,
against 6%c. May 31.
No. 7 Rio was quoted on May 31 at 5%c, the same as on
April 30, against 5%c. March 30; 5%e. Feb. 29; 5%c. Jan.
31; 5%c. Dec. 29; S^c. Nov. 30, the same as on Opt. 31
and Sept. 30, against 5%c. Aug. 31, the same as on July 31
and June 30, and 5%c. May 31.

a

compulsory sacrifice quota of 25% of

consecutive years; up-root

Rubber

rubber

Crude

9

MONTHLY BEVIEW

June, 1940]

early

in

month

the

advanced gradually,

because of growing fears that shipping space for
rubber would be further curtailed, owing to the possibility
chiefly

Added

hereto

available

reports of probable encroachments on

were

shipping facilities, the decision of Great

to license the

conditions in

Britain

importation of cotton, more favorable weather
the Southern belt, reports of larger plantings

producing countries, and the slackening demand
goods, resulting in renewed curtailment plans by
domestic mills.
The late rally in prices was due in part

in

other

for gray

to

by domestic and foreign trade in¬

investment purchases

but, in the main, to the belief that the supply of
"free" spot cotton may prove inadequate to satisfy the
needs of the trade, prior to the new crop becoming avail¬
able.
In the last days of the month another mild recession
terests,

of the temporary
Spot cotton here
From that point
the price fell to a low of 9.46c. May 18, and after a rally
to a high of 10.48c. May 27, the quotation again receded to
10.21c. May 31.
Trading in the gray cloths markets was
largely affected by the break in raw cotton, the weakness
in security markets, and the slow movement of finished
goods in distributive channels, with prices of most construc¬
tions showing substantial declines.
Print cloths at Fall
River for 28-inch 64x60's receded May 24 from 3%c. to 3%c.,
at which price it stood May 31.
The price of 27-inch cloths
60x64's declined from 3%c. April 30 to 3%c. May 31, while
Osnaburgs were quoted at 7%c. May 31, compared to 8c.
April 30.
The report of the Census Bureau, issued May 14
and covering the month of April, showed a small decline
in the United States consumption of the staple from the
previous month, but the quantity far exceeded the corre¬
sponding figure of last year.
The amount consumed in
April was given as 623,893 bales of lint and 90,839 bales
of linters, as compared to 626,331 bales of lint and 87,875

got under way, chiefly under the influence

closing of the Bombay Cotton Exchange.
in New York was quoted at 10.96c. May 1.

bales

of

linters

in

March,

543,187

but

bales of lint

and

ships
from the*Far Eastern trade routes.
Following the news of
the invasion of Holland by the German Army, prices rose
sensationally, but this advance was quickly followed by a
sharp reaction when previous fears of a serious rubber
supply shortage in this country underwent a marked re¬
vision, and it became known that the International Rubber
Regulation Committee at its meeting on May 21 was likely
to leave the export quota for the third quarter at 80%,
whereas previously a reduction to 70% had been antici¬
pated.
The drop in the security and in other commodity
markets, as well as the release of the large import figures
for the month of April, were also instrumental in inducing
considerable profit-taking.
During the last week of the
month a moderate rally developed under the influence of

70,874 bales of linters in April, 1939.
The woolen goods market had a spotty appearance as
clothing manufacturers displayed a cautious attitude be¬
cause of war uncertainties and the disappointing flow
of

risk
insurance rates.
The slightly improved tone of the security
markets as well as fears that Dutch rubber holdings here

March 30;

additional withdrawals

of

better

tied

be

may

buying, and further

factory

up

instead

dollars

tone of the

Ribbed

of British and Norwegian

advances

of differences

because

of guilders,

over

also tended to

in

war

payment

strengthen

in
the

market.

smoked

sheets

for

spot delivery were quoted

at

21%c. asked May 21 against 19%c. asked April 30; 18%c.
asked March 30; 18 9/16e. asked Feb. 29; 18%c. asked

19% c. asked Dec. 29; 20%c. asked Nov. 30; 20%c.
31; 21c. asked Sept. 30; 16% c. asked Aug. 31;
16%c. asked July 31; 16%c. asked June 30, and 16 ll/16c.

Jan. 31;

Oct.

asked

asked May

31.

The textile trades remained quiet,

reflecting, in the main,

uncertainty caused by the

developments

in

grave turn

of war

Europe.
Retail business made a spotty
the one hand, to adverse weather con¬

showing, due, on
ditions, and, on the other hand, to the unfavorable effect
the

upset in the security and commodity markets en¬
gendered by the military events in the European war zone.

Higher-priced items of merchandise were chiefly affected
by the spreading uneasiness, but most other divisions, too,
of the combination of unseasonal weather
and the ominous developments abroad.
During the latter
felt the impact

of

month

the

somewhat

encouraging reports
arrived from industrial sections of the Middle West, where
armament orders are beginning to stimulate industrial em¬
more

ployment and public buying power.
Wholesale trading,
likewise, was greatly affected by the general uncertainty
which

caused

requirements.

somewhat,

European

important
fabrics

also

producing

with

met

Women's

centers.

indifferent

demand,

wear

although

con¬

tinued active sampling of

the new fall lines gave promise

for a moderate broadening

of sales, once weather conditions

show

impovement.

an

Japanese double extra 13-15 deniers were quoted May 31

$2.72@$2.79 against $2.58@$2.64 April 30; $2.87@$2.90
$3.00@$3.05 Feb. 29; $3.10@$3.15 Jan. 31; $4.50@
$4.55 Dec. 30; $3.43@$3.48 Nov. 30; $3.55@$3.60 Oct. 31;
$3.10@$3.15 Sept. 30; $2.65@$2.70 Aug. 31; $2.70@$2.75
July 31; $2.51@$2.56 June 30, and $2.58@$2.63 May 31.
In the case of the 20-22 deniers Japanese crack double
extra was quoted at $2.64@$2.81 May 31 against $2.53@
$2.59 April 30; $2.82@$2.85 March 30; $2.91@$2.96 Feb. 29;
$3.03@$3.08 Jan. 31; $4.43@$4.48 Dec. 30; $3.41@$3.46
Nov. 30; $3.47@$3.52 Oct. 31; $2.94@$2.99 Sept. 30; $2.50@
$2.55 Aug. 31; $2.58@$2.63 July 31; $2.49@$2.54 June 30,

at

$2.56@$2.61 May 31.

and

Petroleum and Its Products

Madison
spotlight in the domestic petroleum
industry during May, while Mexico's refusal to consider
arbitration of the expropriation question and the announce¬
anti-trust suits held the

the feeling of

part

improved

The United States Supreme Court decision in the

Textiles

of

Late in the month sentiment
with prospects brightening for early
substantial Government buying, and for an expansion in
the export demand, due to the progressive elimination of

goods in consuming channels.

merchants

While the

to

limit

their

advent of

orders

better

to

nearby

weather

con¬

ditions is expected to accelerate the tempo of buying, the
fact that many retail establishments are left with sub¬

stantial carryovers, owing to the disappointing spring

sea¬

ment

the

that

Cardenas

the Sinclair Refining
lined

Administration had

settled

with

Co. units involved in the dispute head¬

developments in the foreign branch of the industry.

The Nation's highest tribunal ruled on

May 6 that price-

fixing agreements were illegal under the 1890 Sherman Act,

departing from the famous "rule of reason" interpretation
of the Sherman Act handed down in 1911.
At that time
the

United

hibited

States

only

Supreme Court ruled that the Act pro¬

"unreasonable"

restraints

of

interstate

com¬

merce.

In

a

5-to-2 opinion handed down by Justice Douglas, the

Supreme Court sustained a ruling of the United States Dis¬
trict Court at Madison, Wis., which held that 12 major oil
companies and five individuals violated the Sherman AntiTrust Act by conspiring to control the price of gasoline as
sold in 10 Midwestern States.
Justices Roberts and Me-

Reynolds dissented from the majority decision, while Chief
Justice Hughes and Justice Murphy did not participate.

companies involved in the court action contended

The oil

had

engaged

only

"in

voluntary

cooperative
and

it is believed to augur none too well for the near future
as
far as the replenishment of inventories is concerned.
Raw cotton in May followed a moderately reactionary trend

that

during the early part of the month.
Subsequently a sharp
break carried prices to the lowest point seen in some time,
but a late rally wiped out part of the losses.
The para¬

partment of Justice argued that the companies conspired to
raise prices by concerted purchases of gasoline from inde¬

son,

lets

that the resulting

prices

were

not unreasonable.

The De¬

pendent refiners. It was held that the purchases were made
at a figure which would increase the spot tank car price—

European war, and the ensuing break in securities and
other commodity markets.
In particular, it was felt

upon which gasoline prices in the affected areas were based.
In announcing the decision Justice Douglas said that the

some

that

a

effort" to remove "competitive evil-distress gasoline,"

of events in

mount factor was, of course, the serious turn
the

they

the

successive

for the

elimination

American

staple is

of

important

bound

effect on the statistical position of the

to

foreign

have

a

out¬

serious

market, in as much
exports to the Far East are also suffering through the
curtailment of consumption by Japan and the existing trade
agreement between that consuming country and India.
as




1911

anti-trust decisions "have

no

application to combina¬

operating directly on prices or price structures."
He
continued:
"For over 40 years this court has consistently
and without deviation adhered to the principle that pricetions

fixing agreements are unlawful per se under the Sherman
Act

and

that

no

showing

of so-called competitive abuses

10

MONTHLY REVIEW
r

•

•

evils which these agreements were designed to

or

alleviate

eliminate

be interposed as a defense."
In pointing out that there was ample evidence that the
combination had the purpose to raise the prices of gasoline
and there was abundant evidence that the buying programs
contributed at least to the price rise, Justice Douglas said:
or

may

"Proof that there

conspiracy, that its purpose was
raise prices, and that it caused or contributed to a price

to

was

of the actual consummation or execution of a
conspiracy under Section 1 of the Sherman Act."
[This
section

combinations

forbids

conspiracies

or

of interstate trade or commerce.—Ed.

The

tions

in

restraint

note.]

67-page ruling reversed a decision

United

by the

Seventh

States Circuit Court, which had overturned

in

Court

District

the

the

on

ground

that

convic¬

the

trial

judge had given improper instructions to the jury. It was
held by the Circuit Court that the jury should have deter¬
whether the acts of the

mined

in

Wadhams Oil

Oil

the

defendants constituted

Socony-Vacuum

were:

case

Co., Empire Oil & Refining Co.,

Co., Pure Oil Co., Shell Petroleum Corp.,

Co.,

Continental

Sinclair Re¬

leum Co., Skelly Oil Co., Globe Oil & Refining Co.

(Okla.),
(111.), Charles E. Arnott and H. T.
Ashton, of Socony-Cacuum; R. H. McElry Jr., of Pure Oil;
P. E. Lakin, of Shell, and R. W. McDowell, of Mid-Conti¬
nent.
The companies were fined $5,000 each and the indi¬
viduals $1,000 each in the District Court.
Globe Oil & Refining Co.

decision

was

Attorney General,

hailed

as

by Thurman Arnold, Assistant
of the most important in years.

one

Mr. Arnold added that "literally hundreds" of cases involv¬

ing the

sort of price-fixing which the Supreme Court
illegal are affected by the ruling.
"The
Madison Oil case is of far-reaching importance because it

ha.s

same

ruled

now

decides

finally and decisively that industries may not join
to put a floor under prices on the plausible ex¬
that any competition which hurts is a competitive

together
cuses

evil."
Another result of the

month

Madison

in

the

had

granted these factors new trials on the
evidence did not show their guilt.
The
Department of Justice has awaited Supreme Court action
that

the case

on

the

before renewing

the legal battle against these

two groups.
At month-end it was disclosed in Washington that the
Midwest oil companies involved in the decision had asked
the Supreme Court for a rehearing of the case on the

grounds that the ruling made at that time may contribute
to

price dislocations during the rearmament program pro¬
posed by the Administration following the successes of the
German

armies

in

war-torn

Europe.

On May 6 the court

ruled that any

"tampering' with price structures is a viola¬
tion of anti-trust laws and rejected the plea that the "col¬
laboration" was merely to remove distress gasoline from
the markets.

"We

are

with
the consequent destructive
prices," the rehearing brief said.
closed from

all concerted action

a

war

program

effects
of
scarcity on
"Are buyers to be fore¬

which

would protect them

from runaway prices which the derangement of
competition

inevitably
concerted

threatens?
action

Are

sellers

to

be

foreclosed

to

mitigate such situations which
eration of the public need dictates?"

from

consid¬

Along with the complete details of the note sent to Sec¬
retary of State Hull by the Cardenas Administration [made
public May 4.—Ed. note] answering the early April request
of

the

Department of State from arbitration of the prob¬
lems arising out of the expropriation of some half-billion
dollars of American, British and Dutch oil
properties in
Mexico came the news that the Cardenas Government had
signed

an

agreement

their claims

The

denas

with

the

Sinclair

for their companies

answer

to

Oil

involved

settling

group

in the situation.

Secretary Hull's note, in which the Car¬

Administration

refused

to

"arbitrate"

a

question

already settled by the Mexican courts in accord with Mexi¬
can
law, came as little of a surprise, either to official
Washington or the oil companies involved.
Secretary Hull
refused to comment upon the note until the
State had had time to make a complete

Department of
study of President

Cardenas's
Finance
in

Mexico

Sinclair
terms

answer.

Suarez

announced

on

May

City that the long-rumored settlement with
group

the

was

mitted

8

the

accomplished fact.
Under the
Mexican Government com¬
Sinclair group $8,500,000 cash in

an

agreement

the

itself to pay the
settlement of the claims arising out of the seizing of
four companies in the group early in 1938.
The announce¬
ment pointed out that the company would be
paid in cash
full

and

It

that no additional

was

payments in oil would be provided.

disclosed, however, that

Mexico would sell Sinclair oil

a

commercial deal whereby

was

pending.

The Finance Minister's statement disclosed that the Sin¬
interests would be given a check for

clair

$1,000,000

as

a

down payment within a few days, and that the
agreement

provided for the payment of $3,000,000 the first year,
$3,000,000 the second year, and $2,500,000 the third year,




Cardenas answer,

the

with

the Department of

the

Sinclair settlement

comment

any

upon

study the complete details.

it had had a chance to

State

until

Simul¬

taneously with the Suarez statement, Dr. Najera, the Mexi¬
Ambassador, released a statement in Washington that
the settlement between the Cardenas Administration and

can

Sinclair interests was "a very important factor toward

the

solution of the oil problem."
He added that there
whatsoever to suppose that similar adjust¬
could not be made wjth other companies involved

the total

"no

was

ments

in the

reason

dispute."

Further details of the deal between Mexico and the Sin¬

disclosed at the annual stockholders' meet¬
Oil Corp. in New York on May 15.
Harry F. Sinclair, Chairman of the Board, reported to the
ing of the Consolidated
that

stockholders

purchase

a

had

agreement

with the Mexican Government whereby

been

made

Sinclair would take

20,000,000 barrels of oil over a five-year period, and that
the first shipment was already on its way from Mexico.
Highlight of the activities of the American Petroleum
Institute officials at the trade organization's tenth mid¬
meeting in Fort Worth at month-end was the abolish¬

year

ment of the extended program

for the Department of Public
1938 and the return of the depart¬

Relations organized in
to

ment

of handling press releases

status

the

This step

stitute's semi-annual meetings.
order

in

and

the

In-

was decided upon

prevent any possibility of the activities of the

to

Department of Public Relations from presenting an opening
for further Federal investigation of the oil industry.
The

the

also

directors

voted

the facilities,

ernment

make available

to

services,

and

resources

to

Gov¬

the

personnel of

industry in a voluntary mobilization in a cooperative
with the Government in the interest of national

program

The industry

pledged itself to further an adequate
supply of petroleum products at all times
wherever desired by the Government.
The 1,500 oil men

and

continuous

attending fhe meeting also heard W. R. Boyd Jr., Executive
Vice-President of the Institute, point out that European de¬
mand

was

of

months

mestic

off

10,000,000

the

second

barrels

World

during

War

and

the

first

seven

against

warn

do¬

overproduction.

Pennsylvania grade crude oil, which has been rising
steadily during the past several months in response to the
war-stimulated markets for lubricating oils, had their first
reversal

May 22.

The Joseph Seep Purchasing Agency
Co. cut the price of crude 25c. a
barrel, effective immediately.
Under the new price sched¬
the

of

on

Penn

South

Oil

ule. prices w7ere $2.50 a barrel for Bradford and Allegheny
crude
for

oil, $2.15

Eureka

Southwest Penn

for

Pipe Line crude oil.

Pine Line, and $2.09

There

was

change in

no

Corning grade crude oil.
The

regular
States

monthly

market

demand

Bureau of Mines for

forecast

June put

of

the

the Nation's

probable demand at 3,620,300 barrels, which is 19,300 bar¬
rels, or 1%, better than the estimated demand for May.
However, the total for June is 21,000 barrels under the
actual demand for the corresponding demand a year earlier.
Crude oil output for the Nation has been far above the
Bureau's

recommendations

in

recent

practice

of several of the major
ignore the Bureau's figures.

months,

due

to

the

States

oil-producing

to

Late in the month the Texas Railroad Commission issued
a

three

months'

August—which

proration order—covering June, July and
brought the State's oil production allow¬

able down to approximately 1,335,530 barrels on June 1, or
25,000 barrels under the present allowable.
The Bureau's
June figure for Texas was 1,344,600 barrels.
The Texas
order provides for a one-day shutdown of wells each month
for all fields except
current basis of 14

dition,
able

a

for

East Texas, which will continue on its
shutdown days each month.
In ad¬

horizontal reduction of 15% in the current allow¬
the

three

months

is

made,

with East Texas

un¬

changed.
The

Louisiana

Conservation

Commission

moved

to

cur¬

tail

production, setting a June allowable approximately
15,000 barrels daily below the May total.
The new allow¬
able of 278,566 barrels, however, was still above the June
figure

Minister Eduardo

Oil

of

As

refused

United

confronted by the dislocations of

are

the Stanford Co.

defense.

decision handed down early in

that 15 other individuals and three other corpo¬
rations will be brought to trial.
The Federal District Court
was

ground

properties who lost their Mexican
the Sinclair Pierce Corp., Mexican
Sinclair Petroleum Co., Compania Terminal De Lobos, and
(Sinclair)

These

clair group were

Oil

fining Co., Mid-Continent Petroleum Corp., Phillips Petro¬

The

Oil

dated

holdings.

un¬

trade in violation of the law.

reasonable restraint of

Defendants

settlement was in

a

rise is proof

before the end of 1943.
The
full for the claims of the four Consoli¬

transaction

completing the

of

the

Bureau

barrels for June.
Producers

set

of

Mines

for

Louisiana

of

274,700

The Central Committee of California

June

production

at

592,000

barrels

Oil

daily

maximum, unchanged from previous months, and cut the
maximum well allotments from 74 barrels daily to 72 bar¬
rels

during June in order to further

pare

production.

Statistical developments in the

domestic industry, as re¬
ported by the Bureau of Mines and the American Petroleum

Institute,

were none too

significant.

Stocks of domestic and

foreign crude oil held in the United States
barrels

rose

2,766,000

during the April

20-May 18 period, totaling 257,647,000 barrels, against 254,881,000 barrels a month earlier.
Daily average production of crude oil, the A. P. I. report
showed, was off 9,600 barrels during the April 24-May 25

period, totaling 3,835,650 barrels, against 3,845,250 barrels.
The following crude oil price changes were posted during
May:

-

1—Southwestern

May
5c.

Michigan

field crude prices were

shallow

barrel to $1.08.

a

of the South Penn Oil Co.

barrel to $2.50 for
Pine, and $2.09 for

Pennsylvania grade crude oil 25c. a

Allegheny,

$2.15

lifted
.

May 22—The Joseph Seep Purchasing Agency
cut

11

MONTHLY REVIEW

June, 1940]

Southwest

for

Penn

Bradford and

Eureka Pipe

ordinary requirements for national defense, the statutory
debt limit of $45,000,000,000 would be reached by the end
of next February and that the cash in the Treasury's working
3alance would be dangerously depleted by that time unless
Congress took some action.
Requests for additional na-

Line crude.

iional defense funds would raise the

prospective 1941 deficit

West Coast gasoline price
late in May when Stand¬
ard of California initiated a reduction of from l/jc. to
2%c. a gallon in retail prices of motor fuel. With the excep¬
tion of Shell Oil and Tide Water Associated, all major
marketers followed the reduction.
Third-grade was low¬
ered 2c., regular grade l^c., and premium 2^c. a gallon,
respectively, as top-heavy stocks forced the price level

$3,703,000,000, whereas the borrowing power now
remaining within the existing debt limit was $1,973,000,000.
He said it would be undesirable to reduce the Treasury's

lower.

May than in Treasury bonds.
While Treasury
note yields in May rose from 0.44% to 0.84%, the average
yield on Treasury bonds not callable within 12 years rose
only from 2.24% to 2.47%.
The longer Treasury bonds,
affected by the intensification of the war in Europe and the
prospective increase in the public debt in this country,
declined approximately four points during the month and
reached new low ground for the year, but they still held
about 4points above the lows of last September.
The
'irmer tendency extended to Treasury bills, the issue dated
May 29 being awarded at 0.067%, the highest rate since
Sept. 27, 1939, compared with an average rate of 0.007%
for the bills dated May 1 and 0.004% for those dated April 24.
The Treasury confined its financing operations in May to
refunding of the $100,000,000 weekly bill maturities.
Presi¬
dent Roosevelt .made puhlic on Mav 9 revised estimates:of-,
the various governmentar agency funds that are To be re¬
captured to help in meeting the Government's deficit in the
1941 fiscal year.
The revised figures follow: RFC, $175,000,000; Home Loan banks, $125,000,000; Federal Land
banks, $100,000,000; Federal Farm Mortgage Corporation,
$100,000,000; Public Works Administration, $50,000,000;
Bank for
Cooperatives, $60,000,000; Production Credit
Corporation,
$15,060,060; Federal Intermediate Credit
banks, $40,000,000, and Federal Savings and Loan Associa¬

The first wide-open break in the
structure in four years developed

marketing sections of the country
normal seasonal readjustment of
fuel oil prices bringing some cuts in the New York-New
England markets for these products by Standard of New
Jersey and Standard of New York, marketing affiliate of
mixed,

with

Socony-Vacuum.
barrel

the

on

the

oil prices were cut 15c. a
on May 24, with Diesel
the same amount.
Under
prices for bunker went down

Bunker fuel

Seaboard

Eastern

marine fuel oil being reduced by
the
to

schedule New

new

$1.35

York

while Diesel

barrel,

a

was

available at $1.95 a

barrel.
The statistical side of the refined products
tinued
fact

to

make

bearish

reading during May.

industry con¬
-Despite the

industry is well into its period of heaviest
of motor fuel showed disappointing
Much of this, of course, was due to the bad stretch

that

the

consumption,
losses.

stocks

rainy weather which hit much of the East during May.

of

Stocks of finished and unfinished motor fuel were off only

2,165,000 barrels during the April 24-May 25 period, totaling

100,297,000 barrels in the latest available figures at monthend against 102,452,000 barrels a month earlier.
Refinery
operations at month-end were 84.1% of capacity.
Price changes showing the trend of the major refined
products during May follow:
O bunker fuel oil and Marine Diesel fuel oil were cut

May 24—Grade
15c.

a

barrel to $1.35 and $1.95 a barrel,

respectively, at New York.

third-grade
gasoline 2c. a gallon, of standard grade 1 Ysc., and of premium grades 2%c.
a gallon,
other companies meeting the reduction.
May 29—Revising its price structure to conform with the cut posted last
week by Standard of Jersey, Socony-Vacuum cut prices of Nos. 2 and 3
heating oils 6/lOths cent a gallon and kerosene %c. a gallon through its
New York-New England marketing area, with the exception of Weetern
May

New

27—Standard

of

California

reduced

retail

prices

of

York.
MAY FINANCING

OF THE UNITED STATES TREASURY

The Treasury was called upon suddenly in May to adjust
its financial affairs to the situation confronting the United
States

as

a

result of the

successes

enjoyed by German

arms

The market for Government securi¬

the Western front.

on

ties gave prompt

reflection to this new development in the
European war, but the losses they suffered were materially
less than those registered last September upon the outbreak
of

working balance much below the current level

of $1,300,-

000,000.
that the Treasury would

The indications

fense

confine its de¬

securities with a five-year maturity made

program to

'or proportionately greater

weakness in the Treasury note

market in

Price changes in other

were

bo about

war

in Europe.

Of far greater moment to

the Treasury than the sagging

tendency which showed up on the market for its securities was
the task devolving upon it of finding the funds to finance the

$35,000,600.

tions,

The Federal Intermediate Credit banks marketed

Both issues are dated
$24,700,000 was issued
to meet a maturity of like amount on June 1 and $5,900,000
represented new money.
The offering was at prices slightly
above par.
As of June 1 the banks had outstanding $210,system will fall due on Nov. 1, 1940.
June 1.

Of the total amount placed,

300,006 of

debentures.
Secretary Morgenthau announced on May 7 that total
of United States savings bonds through March 31
amounted to $3,860,273,475 maturity value, with the pur¬
chasers numbering 1,987,374.
After deducting bonds re¬
deemed, the maturity value of savings bonds outstanding on
March 31 was $3,495,573,600.
Sales of savings bonds during
sales

May yielded the Treasury an aggregate of $64,267,494,
compared with $62,105,047 in May, 1939.
The details of Treasury bills sold on a discount basis are
given in the following tables:
Amount of

Bills

For

a

number of

years no a

Dated

Mature

Apr.

26 1940

May

1 1940

May

3 1940

May

Subscrip¬

Offering

Bills

Offered

Luxemburg.

publicly

$27,700,000 of %% debentures on May 17 and at the same
time placed $2,966,000 of debentures within.the system.
Of the two sets of debentures sold, those offered publicly
will mature on June 2, 1941, and those placed within the

tions

91 days $100,000,000 $182,446,000

8 1940

July 31 1940
Aug.
7 1940

91 days

100,000,000

219,118,000

out the armament program, the gi
and outlays of the Government would r

May 10 1940

May 15 1940

Aug. 14 1940

91 days

100,000,000

17 1940
May 24 1940

May 22 1940

Aug. 21 1940

91 days

100,000,00c

May 29 1940

Aug. 28 1940

91 days

at any

May 30 1940

June

4 1940

91 days

100,000,00c
100,000,00c

218,779,000
169,840,000
213,762,000
209,222,000

had to finance

a

sizable deficit, but the

to carry

May

time since the World War years.
before a joint s
on
May 16 to request additional appr<
$1,182,000,000 for the Army and Navy,
the responsibility of determining how th
pay the defense bills would be provided.

5 1940

Bills

Average

tions

Accepted

Price

Yield

8182,446,000
219,118,000
218,779,000

$100,051,000
100,011,000
100,028,000
100,105,000

99.998

100,202,000
100,008,000

99.983

0.007%
0.008%
0.016%
0.032%
0.067%
0.089%

Offered
Apr.

26 1940

May

3 1940

May

10 1940

May

17 1940

169,840,000
213,762,000

May 30 1940

national defense program.
Congressional leaders, Secretary of the Treasury Henry
Morgenthau Jr. and Treasury tax experts met on May 28
and devised a plan to raise the public debt limit by $3,000,000,000, on the one hand, and to levy new taxes calculates
to yield between $600,000,000 and $700,006,000 annually
for the next five years, on the other, to amortize the debt
increase.
This plan, which, it was announced, had the
approval of President Roosevelt, would call for a 10% super¬
tax on corporate and personal income taxes, estimated to
yield $210,000,000; a 10% tax increase in manufacturers
excise taxes, estimated to yield $160,000,000; an increase of
one cent to two cents a gallon in the Federal gasoline tax.
estimated to yield $200,000,000; an increase in the beer tax

209,222,000

emergency

a

barrel, estimated to yield

increase of 75 cents

$75,060,000,

anc

gallon to $3 in the Federal liquor
tax, estimated to yield $35,000,000.
The conferees announced that they would propose "an

an

a

increase in the national debt authorization

by $3,000,000,000

provide for the issuance of national defense obligations to
be sold with maturities not to exceed five years, and they
will also propose the levy of additional taxes, the details of
which are to be worked out by the committee."
Appearing before the House Ways and Means Committee
on May 31, Secretary Morgenthau said that, owing to extra¬
to




Maturing

Amount

Subscrip¬

May 24 1940

from $5 to $6

Sept.

To Redeem

Mr. Roosevelt appeared

99.998

99.996
99.992
99.977

NEW SECURITY ISSUES

Issue of—

$100,044,000
100,240,000
100,444,000
100,836,000
100,454,000
100,667,000

IN MAY

The German invasion of Scandinavia and the Low Coun¬
tries of northwestern

resulted

and

in

the

Europe in May shattered bond prices
postponement

of many

sizable offer¬

How¬

ings scheduled to be placed in the domestic market.

of during the
$75,000,000 issue of
United States Steel Corp., floated on May 15, which was

ever,

of the few emissions

month

the

to

be disposed

the largest was made up of the

carried through to a successful conclusion.

The group un¬

derwriting the offering was headed by Morgan, Stanley &

Co., Inc., and included a nation-wide representation of 112
investment houses and banks.
We give below the prin¬

cipal offerings for May:
RAILROAD

FINANCING

$10,400,000 New York Central RR.—Gregory & Son. Inc., New York
on May 7 purchased $10,400,000 2%
equipment trust certifi¬
cates due June
1, 1941 to 1950, inclusive, on their bid of
101.0549.
The bankers announced that all of the certificates
had been placed privately.

9,000.000 New

York Central

Finance

Corporation

RR.—The sale by the Reconstruction
of $9,000,000 2H% equipment trust

certificates at 101 plus int., representing a premium of $90,000
and an interest basis of 2.29%, was announced May 17 by
Jesse H. Jones, Federal Loan Administrator.
The certificates
mature in equal annual instalments of $900,000 each on Dec.

1,

1940-49,

trustee.

and

Dick

inclusive.

Chase

National

Bank,

Philadelphia.

The certificates have been placed

York,
Hutzler

New

The purchasers were Salomon Brothers and
and Merle Smith, New York, and Stroud

& Co.,

privately.

12

MONTHLY REVIEW
American

INDUSTRIAL AND MISCELLANEOUS FINANCING
$75,000,000 United States Steel Corp.—Offering was made May 15 of

interest

June 1.

Anaconda Copper Mining Co.—Dividend of 50c. a share on the
common
stock, payable June 24.
This compares with 25c. a share distributed on
March 25, last.

ranging from 0.375 to 2.65%.
The under¬
writing group was headed by Morgan Stanley & Co., Inc.,
and

coupons

included
banks.

and

a

nation-wide

It

is

insurance companies were

Bankers

of 112 investment houses
that three large New York

group

understood

buyers, along with other life

cents

com¬

Lines,

Inc.—Public

offering

Scrymser Co.—Dividend of $2 a share on the common stock,
payable June 15.
This compares with $2.50 paid on Dec. 15, last, and
$1 a share on June 15, 1939.

Brunswick-Balke-Collender
March

to 50c.

Sisters

of

Notre

Dame,

Milwaukee,

authorized any person

to

that

make

any

representation

paid

the

a

on

share

the

on

stock increased

common

share to 25c. a share, payable June 15, next.
the common
a

share were

Electric Boat Co.—Dividend
30c.

share to 40c.

a

on the $3 par, common stock increased
from
share, payable June 12.

a

Foote-Burt Co.—Dividend of 35c.

share

a

A distribution of 25c.

payable June 15.

stock increased from 40c.

on

the

no

a

par common stock»

was made on

March 15, last.

Frankenmuth" Brewing Co.—Extra dividend of five cents a share and a
regular quarterly of 2 He. a share on the $1 par, common stock, both
payable June 15.
Fruehauf
.

25c.

Co.—Dividend

Trailer

share to

a

Gamewell

share to 75c.

the

on

stock increased

common

from

jthare -payable June ^

Co.—Dividend

the

on

increased

from

y

,

;

stock

common

50c.

a

share, payable June 15.

a

no

by the company or by Pistell, Wright & Co., Ltd., and they

on

25c.

the common stock increased from
25c.

on

Ex-Cell-O Corp.—Dividend on the common
share to 60c. a share, payable July 1.

Bonds bear 2H, 3, 3H, and 3%% interest coupons
semi-annually Nov. 15, 1940 to May 15, 1955,

have not

share

a

with

Duval Texas Sulphur Co.—Dividend resumed on the common stock
by
the payment of 25c. a share on May 31.
Last previous distribution
amounted to 50c. a share and was made in November, 1936.

mature

'

50c.

Dewey & Almy Chemical Co.—Dividend of 50c. a share on
and common B shares, payable June 15.
Dividends of 25c.
paid Dec. 23, 1939 on the above issues.

inclusive.

Erice frombe "atto time. Suchand
time the market" public offering price shallmade
not,
owever,
representation is

of

compares

share, payable June 28.

a

from 15c.

Wis.—The

731,250 Harvill Aircraft Die Casting Corp.—Pistell, Wright & Co.,
Ltd., New York, on May 9 offered the common stock (par
$1)
at $3.25 per share.
Stock offered as a speculation.
Pistell, Wright & Co., Ltd. has informed the company that
it proposes to make a public offering of all or
any part of the
v
225,000 shares at an initial offering price of $3.25 per share;
"reserving the Hght, howevervth^reaftef~tO vary the'offering

This

Champion Paper & Fibre Co.—Dividend

Monroe & Co.; and Paine, Webber &
Co., Milwaukee, Wis., on May 3 offered $1,475,000 1st
mtge.
serial bonds at prices ranging from 100.75 and interest to
103 H
and interest to yield from 0.75% to
3.45% according to ma¬
and

15.

Canners, Ltd.—Participating dividend of 50c. a share in
a regular quarterly of 25c. on the first
preferred stock and a
participating dividend of five cents along with a regular quarterly o
15c. a share on the second preferred stock, all payable July 2.

Wisconsin Co.; Braun,

turity.

Co.—Dividend

June

addition to

to

75,000 School

payable

last.

Canadian

stockholders, 104,545 shares remained unsubscribed
at the expiration of the subscription
period May 24.
These
shares comprised the above
offering.
3,200,000 Southern Advance Bag & Paper Co., Inc.—An issue of
$3,200,000 4H% 1st mtge. sinking fund bonds, due May 1,
1955, was offered May 10 by an underwriting group
comprising
E. H. Rollins & Sons. Inc.; Coffin & Burr, Inc.; and
Boenning
& Co.
The bonds were priced at 100 and accrued
interest.
1,

15,

Bui lard Co.—Dividend

held, was made May 28 by a banking group headed by Smith,
Barney & Co. at 30 % a share.
Of the total number of shares

*

stock

common

of most of the
($1 par) common

unsubscribed portion of the 110,909 shares
stock of the company, recently offered to stockholders at
$32
a share on the basis of
M share of new stock for each share

offered

National
Investing Corp.
(Del.)—Initial dividend of 6M
share was paid June 1 on the class A and B common
shares and
5% preferred stock.

Borne

panies outside New York City.

Air

a

the

on

4,436,278 North American Finance Corp.—McAlister, Smith & Pate,
Inc., Greenville. S. C., offered 316.877 shares class A common
stock (no par) at $14 a share.
3,345,440 Eastern

Laundry Machinery Co.—Extra dividend of 10c. a share and
regular quarterly of 20c. a share on the common stock, both payable

a

$75,0( 0,000 serial debentures at 100 and int. for all maturities.
The debentures, which are dated
May 1, 1940 and due $2,500,000 semi-annually, Nov. 1, 1940 to May 1, 1955, bear

.

General Motors Corp.—Dividend on the $10 par common stock increased
from 75c. a share to $1 a share, payable June 12.

the price at

Goderich Elevator & Transit Co., Ltd.—Extra dividend of 15c. a share
and a regular semi-annaul dividend of 25c. a share on the common
stock,

Vita

Hat

which any of the shares are offered is the
market price thereof, or that the shares are offered "at the
market or at a price related to the market
price thereof."

600,000 Val

Food

Products, Inc.—Public offering was com¬
April 18, 1940, of $600,000 5% sinking fund
debentures due April 1, 1952, by Banks,
Huntley & Co. and
Lester & Co., Los Angeles.
On April 30, 1940, the under¬
writers had confirmed sales of
$100,500 in aggregate principal
menced

on

amount of debentures.

Purpose—The net proceeds estimated at $544,902 will be
as
follows: Acquisition of real
property, buildings
equipment now held under lease, $28,000; purchase of
additional miscellaneous machinery and
equipment, $80,000;
retirement of bank loans, $375,000; increase of cash
working
capital, $61,902.
devoted

and

595,000 Triumph
shares of

Explosives,

Inc.—The

distribution

of

140.000

stock (par $2) has been
completed, MacBride,
Co., Inc., New York and Grubbs, Scott & Co.,
Pittsburgh, underwriters, announced May 10.
The stock was
formally offered Nov. 14, last at $4.25 a share.
Miller

common

&

350,000 Republic Investors Fund, Inc.—An issue of
approximately
$350,000 collateral secured 4H% convertible bonds, series A,
due Feb. 1, 1950, was recently offered and sold at
100 and int.
by Bull, Wheaton & Co., Inc., New York.
MUNICIPAL

FINANCING

both

B

payable July 2.

Corp. of America—Dividend of 30c.
stocks, payable June 1.

a

share

the class A and class

on

common

Houdaille-Hershey
stock of
on

no

Corp.—Dividend of 50c.
value, payable June 15.
This

par

share

a

the

on

class

compares with 25c.

B

paid

March 14, last.

Indian

Motocycle Co.—Initial

$10 par pref. stock and 25c.
payable July 1.
International
common

a

dividends of 30c.
share on the new

share

a

Products, Inc.—Initial dividend of 25c.

the

on

common

stock,

share

a

new

both

on

the

stock became payable June 1.

Interstate Natural Gas

Co., Inc.—Dividend of $1

stock, payable June 15.
This compares with
last, and 75c. disbursed on June 15, 1939.

a

share

$1.25 paid

the

common

on

on

Dec.

15,

Kansas Oklahoma & Gulf Ry.—Dividend of $3 a share on the series C
non-cumulative preferred stock, payable June 1.
Dividend of $4 was
paid last December and a dividend of $2 a share in June, 1939.
Kennecott Copper Corp.—Special dividend of 50c.
dividend

of 25c.

a

share

the

on

a

stock of

common

A distribution of 25c.

payable June 29.

share and
no

par

a regular
value, both
30, last.

was made on March

Keystone Watch Case Corp.—Dividend of $1.50
stock, payable July 10.
A dividend of $2.50
one of 50c. on July 10, 1939.

share

a

paid

was

on

the

common

Dec. 20, last

on

and

$7,997,000 Detroit, Mich., series F non-callable refunding bonds awarded
to the Northern Trust Co. of
Chicago, as 3Hs, at 100.0028,
a
basis of about 3.249%.
Due serially from 1941 to 1952,
incl.

Purchaser did not re-offer the issue.

3,150,000 Wichita Falls, Texas, 3%, 3H% and 3%% refunding bonds
were publicly offered
by Crummer & Co. of Dallas and asso¬
ciates.
Due serially from 1941 to 1969, incl.

2,500,000 Buffalo, N. Y.. refunding issue taken by an account composed
of the National City Bank of New
York, Manufacturers &
Traders Trust Co., Buffalo, and Adams, McEntee
& Co.,
Inc., New York, as 2Ms, at 100.169, a basis of about 2.72%.
Due serially from 1941 to 1950, incl. and re-offered to
yield
from 0.75% to 2.70%, according to
maturity.
2,389,000 Ventnor City, N. J., refunding bonds purchased as 4s, at
par, by B. J. Van Ingen & Co., Inc. of New York.
Due
serially from 1941 to 1960, incl.
2,000,000 South Carolina (State of) highway certificates of indebted¬
ness, due serially from 1942 to 1948, incl., awarded to a
group
headed by the Union Securities
Corp. of New York, as lHs,
at 100.26, a basis of about
1.44%.
Re-offered to yield from
d.6d% to 1.6"%, according to maturity.
1,769,000 Maine New Hampshire Interstate Bridge Authority,
Me.,
4% bridge bonds sold by the Reconstruction Finance Cor¬
poration to Triop & Co. of New York.
Due Feb. i, 1969.
1,660,000 Buffalo Municipal Housing
bonds

sold

Authority,

N.

Y.,

building

to

Phelps, Fenn & Co., Inc. of New York and
associates, as 2s, 2Hs, 2Hs, and 2%s. at a price of par, or a
net interest cost of about
2.47%.
Due serially from 1940 to
1959, incl. and containing a call feature.
Re-offered to yield
from 0.20% to 2.60%, according to
maturity.
1,500,000 Montgomery County Precinct No. 2, Texas, 3H% un¬
limited tax road bonds purchased
by an account managed by
.the Mercantile-Commerce Bank & Trust Co. of St.
Louis, as
3Hs, at 100.10, a basis of about 3.22%.
Due serially from
1941 to 1948, incl.
1,500,000 Pittsburgh School District, Pa., building bonds awarded
to the Union Trust Co. of

Pittsburgh and associates, as 22£s,
a price of 100.678. a basis of
about 2.69%.
Due serially
from 1941 to 1965, incl.
1,350,000 Newark N. J., various purposes bonds sold to a group com¬
posed of Colyer, Robinson & Co., Adams & Mueller, and
Julius A. Rippel, Inc., all of
Newark, as 3s, at 100.073, a
basis of about 2.98%.
Due serially from 1941 to 1960, incl.
and re-offered to yield from
2.10% to 3.20%, according to
at

Kimberly-Clark

CHANGES IN MAY

Dividend declarations in May were
largely of a favorable
The
following list, divided into two sections,

nature.

namely, "Favorable Changes" and "Unfavorable Changes,"
gives the more important of the changes:
FAVORABLE
Acme Gas & Oil

Co., Ltd.—Dividend of

stock, payable June 10.
some

CHANGES

share

one cent a

This will be the first

share

common

on

the

common

dividend paid in

Aluminum
stock

Industries, Inc.—Dividend of 15c. a share on the common
payable June 15.
This represents the first dividend to be paid on
15, 1938, at which time 10c. a share was

the common shares since Jan.

disbursed.

Amalgamated Sugar Co.—Initial dividend of 10c.
stock, payable July 1.

share

on

American-Hawaiian Steamship Co.—Extra dividend of 50c.
a

regular quarterly of 25c. a share

June 29.




on
„

the

common

the

a

common

share and

stock, both payable

the

common

Steel

dividend of 25c. a share and a regular
the common stock, both payable July 1.

stock, payable June 25.

Co.—Dividend of 35c.

payable May 29.
This
paid on Feb. 15, last.

share

a

on

the

stock,

common

compares with an initial dividend of 25c. a share

Merck & Co., Inc.—Dividend on the common stock increased from 25c.
share to 40c. a share, payable July 1.

Metal Textile

Metal & Thermitt

This

on

a share and a regular
the participating preference stock, both

a share on the common stock,
This compares with $1 paid on March 11, last, and

'

Co.—Dividend

July 1.
Mode

share

a

Corp.—Dividend of $2

payable June 10.
on Dec. 23, 1939.
Midvale

a

Corp.—Participating dividend of 10c.

quarterly of 81 Mc.
payable June 1.

of $1.50

compares with

a

25c. a share on the

common

share

$1 paid

O'Day Corp.—Extra of 25c.

a

on

the

capital stock,

payable

April 1, last.

on

share in

addition to

a

dividend

of

stock, both payable June 24.

Modine Mfg. Co.—Extra dividend of 25c. a share and a
regular quarterly
of 50c. a share on the common stock, both
payable June 20.

Machine Tool Co.—Dividend on the common stock
from 50c. a share to $1 a share, payable June 1.

Monarch

Motor Products
declaration

$1.50

a

of

share

Corp.—Dividend resumed
50c.

payable

June

was made on Dec.

10.

on

The

the
last

common

previous

increased

stock by the

payment

of

8, 1937.

Narragansett Racing Association, Inc.—Dividend of 50c. a share on
the $1 par, common stock, payable June 10.
This compares with 25c. a
share paid on Dec. 18, last.
National Container Corp.—Dividend of 25c. a share on the common stock
payable June 15.
This compares with 20c. a share paid on March 15,
last and 17Hc. a share on Dec. 15, last.
National

Standard

quarterly of 50c.
Newmont

Mining

shares of

Co.—Extra dividend of 25c. a share and a regular
on the common stock, both payable June 5.

share

a

Corp.—Dividend of 50c.

per share
capital stock outstanding, payable June 17.

Directors also

declared

a

stock

on

dividend at the rate of

the
one

531,646
share of

capital stock for each share outstanding, to be distributed on or about
June 28 to stockholders of record May 31.
The new shares will not be
entitled to receive the cash dividend just declared.
New Orleans Public Service Co.—Dividend of $17.50 a share on account
of accumulations on the $7 cumulative
preferred stock, became payable
on May 31.
This disbursement cleared up arrears through April 1.

Niles-Bement-Pond Co.—Dividend
50c.

a

share to 75c.

a

on

the

common

stock increased from

share, payable June 15.

Indemnity Co.—Extra dividend

quarterly dividend of 40c.

a

share

on

of 10c. a share and the regular
the $10 par, common stock, both

^
payable July 1.
Pacolet Mfg. Co.—Dividend of $3 a share on the common stock,
payable
June 30.
This represents the first dividend
paid on the common stock

in

some

time.
.

.

Parker\ Rust-Proof Co.—Extra dividend of 25c. a share in addition to
the regular quarterly dividend of like amount on the common
shares,
both

a

on

McLouth

Pacific

time.

on

a share and a regular
quarterly dividend of 10c. on the common stock, both payable July 1.
Lane-Wells Co.—Extra dividend of 10c. a share and a regular quarterly
dividend of 25c. a share on the common stock, both payable June 15.
Madsen Red Lake Gold Mines, Ltd.—Initial dividend of three cents a

maturity.
DIVIDEND

Corp.—Extra

quarterly of similar amount

Lamaque Gold Mines, Ltd.—Extra dividend of 10c.

payable June 1.

Pennsylvania RR.—Dividend of 50c. a share on the capital stock, par
$50, payable June 26.
This compares with $1 paid on Dec. 18, last, and
50c. paid on Dec. 20, 1938.
Pennsylvania Salt Mfg. Co.—Dividend on the $50 par, common stock
increased from $2 a share to $3.25 a
share, payable June 15.

.

■

MONTHLY REVIEW

June, 1940]

Peoples Drug Stores, Inc.—Special dividend of 25c. a share and a regular
quarterly dividend of 25c. a share on the common stock, both payable
July 1.

13

United Amusement Corp., Ltd.—Dividend on the class A and class B
stocks, reduced from 45c. a share to 40c. a share and become payable on
May 31.

Petroleum Corp. of America—Dividend of 35c. a share on the common
stock, payable June 28.
This compares with 40c. paid on Dec. 20, last,
and 30c. a share on June
28, 1939.
Petroleum Exploration, Inc.—Extra dividend of 15 cents a share and a
regular quarterly dividend of 25c. a share on the common stock, both
payable June 15.
An extra distribution of 10c. a share was made on
March 15, last.

In the first place,

Progress Laundry Co.—Extra dividend of 10c.

side from the

quarterly dividend of 20c.

a

a

share on the common

June 1, last.

share and a regular
stock, were paid on

Reliance Steel

a

share to 75c. a share,

Co.—Dividends

declaration of 10c.
amounted to 20c.

a
a

on the common stock inpayable June 1.

with the
The last previous payment
15, 1937.

the common stock resumed

on

share, payable June 12.
share and

made on Oct.

was

Sherritt Gordon Mines, Ltd.—Initial dividend of five cents a
the common stock, payable July 8.

(L. S.) Starrett Co.—Dividend

stock increased

the no par common

on

THE STOCK MARKET

DURING MAY

jarred roughly in May out of two

was

prices broke out violently

narrow

since

of

September;

fluctuation

in

zone

the

September.
the down¬

on

which they had

second place,

the pace

of trading, which had been slow and unexciting for approxi¬

mately

and

seven

half months,

a

was

suddenly and de¬

cisively quickened.

share on

St. Joseph Lead Co.—Extra dividend of 25c. a share and a regular quar¬
terly of similar amount on the $50 par, common stock, both payable
June 20.

OF

grooves in which it had been moving since last

observed

...

Puget Sound Pulp & Timber Co.—Dividend
increased from 50c.

COURSE

The stock market

The engine which was responsible for

spinning downward

fast

so

attack

by Germany on

in

early

the

this fashion to the

Timken

and

sending the market

the launching of a violent

Belgium, Holland and Luxemburg
of May 10.
By reacting in

hours

morning

from 50c. a share to 75c. a share, payable June 29.
Sterling Products, Inc.—Special dividend of 10c. a share and a regular
dividend of 95c. a share on the capital stock, both were payable on June 1.
Stonega Coke & Coal Co.—Dividend on the common stock resumed with
the declaration of 50c. a share, payable June 12.
The last previous
payment amounted to $1.25 a share and was made on Dec. 14, 1937. •

was

war news

the market appeared to depart

from the principles to which it was subscribing last
ber.
When the German planes, tanks and troops

Septem¬
crossed
the Polish border in September the stock market here
advanced vigorously on the assumption that the war would
Technicolor, Inc.—Dividend"on the common stock increased from 40
be actively contested on all fronts and that the high rate
a share to 50c. a share,
payable June 15.
of consumption of materials would bring, as was the case
Texas Gulf Sulphur Co.—Extra dividend of 25c. a share and a regular
in the last war, substantial orders to this country.
But
quarterly of 50c. a share on the common stock, both payable June 15.
Tex-O-Kan Flour Mills—A distribution of 15c. a share was made May 30
when the belligerents encamped in their fortified lines
on the common
stock, the first in several years.
in the west and did not give violent battle,
the stock
Thompson Products, Inc.—Dividend of 50c. a share on the common stock,
market fell into a rut, waiting for active fighting to begin.
payable July 1.
Previously regular quarterly dividends of 25c. a share
were distributed.
When Germany on May 10 cut short the period of watch¬
Thomson. Electric Welding Go.—Dividend -on- the-common-stock- in¬ ful
"Tvaiting"in
market" took fright
creased from 50c. a share to $1 a share, payable June 1.
Prices softened moderately on the first day of the attack
Time, Inc.—Dividend on the common stock increased from $1.75 a share
on the Low Countries, held fairly steady on the next day,
to $2 a share, payable June 10.
Roller

Bearing Co.—Dividend of 75c.

share on the no par

a

This compares with 50c. a share paid

stock, payable June 5.

common

March 5, last.

on

Todd

Shipyards Corp.—Dividend

increased

from

75c.

a

share

the common stock of no par value
a
share, payable June 15.

on

$1

to

Union

Gas Co. of Canada, Ltd.—Extra dividend of 20c. a share and a
regular quarterly dividend of like amount on the common stock, both
payable June 15.

Union

Tank

Car

Co.—Dividend of 45c.

a

share

on

the

stock»

common

Previously regular quarterly dividends of 30c. a share
share on March 1,
Dec. 1, 1939.

payable June 1.

distributed along with extra payments of 10c. a

were

last, and

on

United

Aircraft Corp.—Dividend on
from $1.25 a share to $1.50"a share,

the $5 par, capital stock increased
payable June 15.

Valley Mold & Iron Corp.—Dividend of 50c.
the

common

25c.

share

a

This compares

stock.

Dec. 24,

on

with $4

a

share

paid June 1, on
Dec. 26, last and

was

paid on

1938.

Vick Chemical Co.—Usual quarterly dividend of 50c. per

share and the

week

May
more

a

Welch

Grape Juice Co.—Stock dividend of 5% on the common stock,
payable July 1.
A regular quarterly cash dividend of 40c. a share on
the common stock was also declared and becomes payable on June 14.
A like stock dividend was also paid on June 15, 1939.

Westmoreland Coal Co.—Extra dividend of 50c.
stock, payable June 28.
15,4937.

This

compares

with

a

a

share

the

on

common

dividend of $1 paid

on

Dec.

Weyenburg Shoe Mfg. Co.—Dividend of 37Mc.

a share on the $1 par,
stock, payable June 15.
This compares with 50c. paid on Dec.
20, last and 25c. on July 6, 1939 and Dec. 31, 1938.

common

Wiser Oil Co.—-Extra dividends of 25c.
similar amount

(Wm.)

on

the

common

share and

regular quarterly of
stock, both payable July 1.
a

a

Wrigley Jr. Co.—Extra dividend of 50c.

common

a share on the no par
A regular monthly dividend of 25c. a
declared becomes due on the same date.

stock, payable July 1.

share previously

UNFAVORABLE

CHANGES

Corp.—Dividend of $6 a share was paid May
the preferred stock, and compares with a previous distribu¬

29, last, on
tion of $8 a share made

on

May 29, 1939.

Calloway Mills—Dividend of llj^c.
common

stock

as

against

153^c.

a

a share
was
paid May 20
share on Feb. 20, last.

Columbus Auto Parts Co.—Dividend of $1 a share
lations

account of

the

on

Dividends of $1.50 were paid on Dec. 1, last.

Consolidated Rendering Co.—Dividend of $1 a share was paid May 20,
on the no
par common stock.
Previous distribution of $1.50 a share
were made on Dec. 18, last and $2 on Nov. 20, last.

Dictaphone

Corp.—Dividend on the no par, common stock of 50c. a
On March 1, last, a distribution of 75c. a share

share, payable June 1.
was

made and $1 a share on Dec.

Dubilier

1, 1939.

Condenser

common

Corp.—Dividend of seven cents a share
stock, payable May 20.
Dividends of 13c. were paid

2, last; 10c.

on

Oct. 12, 1938; and an initial divid. of 15c.

on

Falconbridge Nickel Mines, Ltd.—Dividend ordinarily due
the

on

7Hc.

Golden
a

a

on

the

common

stock reduced from 50c.

a

share

share, payable July 1.

Cycle Co.—Dividend
a

on

the

stock, payable May 25.

Feb. 29, last, and on Nov. 20,

stock decreased from

$1

a share on the $5 par,
Dividends of 15c. a share were paid
1939.

Mock, Judson, Voehringer Co., Inc.—No action taken on the payment
of a dividend on the common stock at this time.
A regular quarterly
dividend of 25c. a share was paid on March 11, last.
National Sugar Refining Co.—No action taken on the
at this time.
was

New
on
on

made

on

common dividend
The last previous payment amounted to 25c. a share and
Oct. 2, 1939.

^

England Telephone & Telegraph Co.—Dividend of $1.50
the

month, by

averages,

York

in

the

average

"Times,"

Exchange

the

Commission

would

move

to

But,

open.

in

the market functioning as usual
succeeding week, the third of the

a

the

slackening in the pace of the decline in prices,

ground lost being reduced to one-third of that of the

the

In the concluding four trading
prices once threatened to resume their
phatically, when King Leopold of the Belgians
forces to surrender to German arms, but a late
previous week.
month

days of the
decline em¬
ordered his
rally wiped

the day's losses, and the month
ended with trading again on the dull side and prices holding
the

out

an

on

greater

third

and

back

part

of

keel.

even

the

Nevertheless,

of

weeks

deep erosion of prices in the second
the month sufficed to set the market

during May 22.00 points in the average,

making it

sharpest loss in any month since September, 1931, or
in more than eight and a half years.
The closing level of

the

86.59, while the month's low was 82.87, the

was

bottommost

point

At their low

touched by

prices since June

20,

the average was 31.40 points, or nearly

under the high

reached

on

1938.
30%

the preceding Sept. 13.

volume, May brought to the New York

Stock Ex¬

change the most active trading since the previous Septem¬
ber.
Turnover came to 38,904,712 shares, a new high for
any
May since 1933.
This total compared with one of
26,695,690 shares in April and one of 57,091,430 shares in
September, 1939.
On eight days in May trading volume
came to 2,000,000 shares or better, and on four days volume
exceeded 3,000,000 shares.
In the week ended May 18 trad¬

ing proceeded at a clip which would have yielded
a turnover in excess of 70,000,000 shares.

for the

month
In

its

a

share

stock, payable June 29.
Dividends of $1.75 were paid
March 30, last and $2 on Dec. 23, last.
common

Ohio Match

Co.—Dividend

time was omitted.

on

the

common

shares

ordinarily due at this

A quarterly of 25c. a share was distributed

on

March

15, last.
Roan

Antelope Copper Mines, Ltd.—Dividend of 32c. a share on the
American shares, payable June 6.
In 1939 payments on American
shares amounted to 40c. on June 7 and 16c. on Dec.

12 of that year.

Southington Hardware Co.—Dividend of 12J^c. a share was paid April
30, last on the common stock and compares with previous quarterly
payments of 25c. a share.




the

the

retreat

to

lower levels

the

stock market ignored

multiplying signs that the bottom had been reached in
business recession and that activity was on the up¬
The most striking indication

grade.
common

share, payable June 10.

Pipe Line & Gas Co.—Dividend of 10c.

common
on

some

decision to keep

rewarded

was

at this time

par common stock omitted.
A regular quarterly dividend of
share was paid on March 25, last.

share to 50c.

Kansas

Oct.

to

no

a

Glidden Co.—Dividend
to 30c.

the

on

on

Oct. 8, 1937.

reflected

New

and

market

Their

As to
accumu¬

cumulative convertible preferred stock, payable June 1.

the

on

on

according

day, the Stock Exchange stood firm for keeping the

the index

Garden-Arena

Boston

severity has seldom
For the

Stock Exchange.

while Secretary of Agriculture
Henry A. Wallace did on May 18 request that trading be
prohibited in grain futures at price levels below the aver¬
age at which sales were made at the close of business on

share on the capital

a share was paid on
Previously regular quarterly

the $100 par. common stock on May 31.
dividends of $9 a share were distributed.

18 prices,

trading.

suspend

was

Washington Ry. & Electric Co.—Dividend of $10

that for

rapidly than they had at any time since

As

the

by

Securities

the

stock

paid on May 31, last, and compares with $1 a share on Nov. 30,
last, and previous to that regular quarterly dividends of 20c. a share.

decline

of 50 stocks
slump in that
week was the most violent in nearly 10 years.
The sicken¬
ing fall to which stock prices were subjected gave rise to
widespread rumors that the Stock Exchange authorities or
1929.

compiled

that

Agricultural Co., Ltd.—-Dividend of 30c.

a

the New York

ended

October,

the company and became payable June 1, 1940.

stock

into
on

ground

gave

usual extra of 10c., plus a special fiscal year-end dividend of 60c., or a
total of $1.20 per share was declared on the outstanding capital stock of

Waialua

fell

then

been matched

of

industrial

production

was

of a quickening rate
afforded by the steel com¬

panies, whose output expanded from 61.8% of capacity at
the end of April to 77% at the close of May.
The market
remained unencouraged, too, by the special messages of
President Roosevelt to Congress asking for additional de¬
fense

appropriations of approximately $2,250,000,000.
The
in falling abruptly seemed to be placing greater

market

weight on

the continuing loss

of foreign markets to the

United States as a result of German conquests.
As to the fluctuations in individual stocks,

Allied Chemi¬

Dye sold off from 180% May 10 to 136 May 28, and
recovered at the close May 31 to 141.
American Tel. & Tel.
cal &

opened at 172% May 1, advanced to 174% May 4, and closed
May 31 3% points above its low point on May 28 at 145.
Consolidated Edison Co. of N. Y. opened at 32 May 1, rose
to 32% on May 3, declined to 23 on May 21, and closed the
month slightly

improved at 25.

General Electric opened at

MONTHLY REVIEW

14
37 May 1, slumped to
at the close

VOLUME

on May 21, and recovered to 30
United States Steel opened May 1

26%

May 31.

on

59%, climbed to 63% on May 10, dropped to 42 on May 21,
and then moved forward to 46% on May 31.
Steel pre¬

Month of

OF BUSINESS ON

THE CURB EXCHANGE

1939

1940

May

1938

1937

at

May 1, declined to 103% May 21,
and closed the month May 31 with improvement at 109%.
Westinghouse Elec. & Mfg. opened May 1 at 113, rose to
114% on May 3, shot back to 76 on May 21, and ended the
month higher at 87.
In the railroad list, Atchison Topeka &
Santa Fe opened May 1 at 22%, advanced fractionally
May 9 to 22%, reacted to 13 May 21, and closed May 31

ferred opened at

on

Baltimore & Ohio's initial sale on May 1 was at 5;

at 14.
it

123%

downward May 15 to 2%, reacting to

moved

3% at the

Chesapeake & Ohio opened at 39% May 1,
advanced to 40% May 8, broke to 30% May 28, and closed
a trifle better May 31 at 32%.
Delaware & Hudson touched
close

May 31.

on

point May 21 at 8% after opening the month at
17%; it reached its peak of the month at 18% on May 9,
and closed the month substantially below its opening level
its lowest

reached its top figure May 9
point of the month May 21 at 9%, closing
May 31 at 10%, below its opening sale at 15%.
Southern
(Pacific opened May 1 at 12, fractionally extending its level
May 9 to 12%, only to fall to 6% on May 21 and finish the
month without great change at 7% on May 31.
Northern
at

New York Central

9%.

at 16 and its low

Pacific, after opening at 8% on May 1, modestly rose to
8% on May 9, to later drop to 4% on May 15, and then
react to 5 at the close on May 31.
Union Pacific moved up
from

95% May 1 to 96 May 2, then declined precipitately

to 71

W"Mny*9Kj

In most sections of the bond market the' damage to prices

wrought by the fears that Germany was about to crush the
Allies was substantially less than in the stock market.
bond

Government

prices

gently,

almost

sagged

requiring

little official support, and by the end of the month
off about 4 points net.
Offerings were at no time

very
were

heavy in the Government market. The highest grade corpo¬
rate bonds declined only slightly more than did Government

like Governments, held well above the lows of

issues and,

the

September.

previous

considerable

under

under the

But

September prices.

bonds

second-grade
in

and

pressure,

The

were

instances

most

sold

of domestic

average

cor¬

porate bonds declined 5.73 points to 67.71, the lowest level
since September, 1938.
The hardest hit section of the bond
list was foreign issues.
The foreign bond average of the
"Times" followed up a 12.61 point decline in April, which
followed
with

the

German

invasion

of

drop of 10.22 points in

a

Denmark

and

May, pulling the

Norway,
average

down to 38.62 at the close of the month, the lowest closing

level

recorded.

ever

Canadian

and

Belgian,

issues

were

French,

under

Italian,

especial

Australian

The

pressure.

Belgian issues, long regarded as a prime investment, sub¬
sided to default levels on the fear that they would receive
no

$

S

Bond sales (par value)—

34,040,000

169,000

306,000

Foreign Government._.

In the following
rent month

on

table

we

corporate.

586,000

337,000

328,000

508,000

bond sales

38,112,000

34,683,000

33,214,000

31,329,000

Jan. 1 to Mau 31—

17,287,426

23,938,035

Stock sales—No. of shares

194,695,000

corporate

Total bond sales

160,067,000

Foreign Government
Foreign

61,683,952

$

155,869,000
1,004,000
3,194,000

Domestic

17,229,426

$

S

Bond sales (par value)—

$

215,219,000

2,693,000

134,212,000
3,112,000
2,719,000

199,516,000

140,043,000

227,543,000

2,128,000

6,530,000

5,794,000

THE MONEY MARKET DURING MA Y

Although the invasion of the Low Countries and the sub¬
sequent train of events in the Western war zone, caused a
serious upset in the prices of stocks and important commodi¬
ties, its effect on the market in high-grade bonds was less

pronounced, and no important changes in the money situa¬
tion developed.
Yields on nigh-grade securities showed a
moderate enhancement, but with
the continued record
influx of gold causing excess member bank, reserves to rise
to new highs, and with commercial and industrial borrowings
revealing moderate cuts, the extreme easiness in money rates
continued unabated.
Excess member bank reserves, under
the influence of the further huge gold accessions and continued large Treasury disbursements, rose from $6,110,on May 29 receded slightly to $6,360,000,000.
Government
financing was again restricted to the usual Weekly issues of
$100,000,000 of 91-day bills, to replace maturities in similar
amounts.
Gold imports during the four weeks ended May 22,
as reported by the Department of Commerce, totaled $390,200,000.
Of this sum $238,000,000 were sent by Canada,
$44,300,000 by United Kingdom, $35,200,000 by South
Africa, $19,300,000 by Switzerland, $9,900,000 by Italy and
$9,400,000 by Holland.
Although gold held under earmark
for foreign account rose about $40,000,000 to a total of
$1,275,000,000, the gold stock of the country during the
month gained the record sum of $440,000,000, bringing it
to a new peak of $19,162,000,000 May 29, as compared to
$15,957,000,000 at the end of May 1939. Discount holdings
of the 12 Reserve banks increased slightly from $2,668,000
May 1 to $3,063,000 May 29. Total member bank reserves
rose further from $12,869,916,000 May 1 to $13,215,148,000
May 29. Average yields on 3 to 5-year Treasury notes again
increased from 0.44% April 30 to 0.84% May 29, those on
long-term Treasury bonds from 2.24% to 2.47%, and average
rates on 91-day Treasury bills from 0.004% to 0.067%. On
the Stock Exchange the rate for call loans remained un¬
changed at 1%.
CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE

active

more

foreign, railroad

1

1

Low

Renewal

High

cur¬

1

Range During May, 1940

May 31
Closing

Price

Lowest

Price

Highest

Foreign Governments—85

Feb. 1972

Brazil 6s ol 1926

.1957

Canada gold 4s.

..I960

Cuba 4^s_...

6834 May 16

15

934 May 28

94 34

1977

Denmark 6s

1942

69

May 28
May 22

52
24 %

1965

1434

22 34 May

4

85

May

1

15

May

1

934

9434 May

1

7034

74

6034 May 21

56

36

3534

May 29

18

.1951

50

1134 May 15
3834 May 15

1934 May 22

Italy 7s

5334 May

9

4034

Japanese 6J^s

.1954

8734

76

May 28

89

May

3

7734

Norway 434s

.1965

31

23

May

31

May

1

27

Peru 6s

.I960

934

534 May 22

934 May

2

1975

654

4

May 23

6?4 May

134 May 21
3934 May 22

56 34 May

6

Railroads—

Chic Milw St P & P 5s.

Chic & North Western 4^8.1949

Delaware & Hudson 4s
Erie 5s series

234

1943

1930

5634

...1975

15

Great Northern 4s series G..1946

9

Northern Pacific 6s series B._2047

59

St Louis San Francisco 4348.1978

1234

Southern Ry

57 34

.1956

2J4 May
40 34

May 17

1

1

May

18.

1

1

1

May 19...

4

May

5

1961

10534

12934

934

38 34 May 21

56

May

6034 May

May 21

7 34 May 28
42

May 21

9634

May 22

7

1

1

1

May 23

1

1

1

8

1

1

1

May 24

1

1

1

9

1

1

1

May 25

Saturday

May

10

1

1

1

May 26

Sunday

May

11...

May

12...

May

13...

1

1

1

May 14...

1

1

1

May 30

May 15

1

1

1

May 31...

16

1

1

May

Time

May 27

1

1

1

May 28...

1

1

1

May 29

Saturday

1

1

Sunday

loan

rates

1

DAILY RECORD OF TIME LOAN RATES

Rates on Mixed Collateral

46 34

Days

9734
11134

May

1...

IX

|

60 Days

|

IX

IX

IX

IX

IX

IX

IX

IX

IX

May

7534

May

2...

IX

3934 May

2734

May

3...

IX

May 21

8334 May

8034

May

4...

May 15
1434 May 21
1134 May 21

Satur day

7334 May

6734

May

5...

Sun day

2534 May
2534 May

May

6...

1434

May

7...

May

8...

76
66

Third Ave Ry adj 5s....

1960

2334

U S Steel

1948

103»io

103i%May 16 103»ie May

Youngstown Sheet & Tube 4s '48

10334

10134 May 28 106 34 May

102 34

May

IX
IX

9...

ON

THE

STOCK

EXCHANGE

IX

IX
IX
IX

May 10...
BUSINESS

IX
IX
IX

May II

1939

1938

1937

$

144,924,000
22,931,000

12,935,210
$

14,004,244

18,549,189
S

•$

98,423,000

96,654,000

137,945,000

17,291,000

17,658,000

8,250,000

7,390,000

6,844,000
131,156,000

IX

IX

IX

IX

IX
IX

IX

IX

IX

IX

IX

IX

May 16..

IX

IX

IX

May 17

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

May 18..

Satur day
Sun day

IX

IX

May 24.

96,800,295

92,797,143

212,421,734
■

Bond sales (par value)—

Government

S

.

8

$

IX
IX

IX

IX

-. _

IX
IX
IX
IX
IX

■

May 25..

Satur day

May 26..

Sun day

615,399,000

Railroad and miscell

Foreign Government

•5

_

IX

IX
IX

111,392,190

IX

IX

179,649,000

Jan. 1 to May 31—

IX

Satur day

IX

IX

Stock sales—No. of shares

IX

IX

20,601,000

123,104,000

IX

'

IX
IX
IX
IX

May 14

•

bond sales

IX

IX

21,103,000

176,105,000

U. S. Government

IX

IX

IX

Sun day

May 15..

38,964,712

IX

IX

IX

IX
IX
-

May 13
1940

IX

IX

IX
IX
IX

.

IX

May 12

Foreign Government-

6 Months

IX

80

7334

Railroad and miscell.-.

5 Months

4 Months

90 Days

IX
IX

IX
IX
IX

May 22

2234

Bond sales (par value)—

1

security collateral continued to be
quoted nominally, at 1%% for 90-day loaDS and 1%% for
loans running 180 days.
The heavy liquidation in stocks was
instrumental in further reducing the demand for accommoda¬
tions, and as heretofore, transactions were limited to a
diminishing number of renewals of older loans.

May 21

8234

Stock sales—No. of shares

1

1

on

70

I960

Month of May

1

Holiday

24 34

1953

OF

1

6

May

8

1234 May

5734 May

9734 May 29 10534 May
10934 May 21 12934 May

Portland Gas & Elec 4 34s

VOLUME

1

1

4834

1534 May
94 34 May 28 105
May
38
May 21
5334 May

Postal Teleg &

334s

1

1

May

1

7834

1990

Cable 5s

1

1
1

1

3934

.1955

_.

Manhattan Ry 4s

1

May 21

Sunday

30

Commonwealth Edison 334s. 1958
Interboro Rapid Transit 5s__1966
Internat Tel & Tel 5s

Sunday

May 20...

Saturday

Industrials—
Columbia Gas & Elec 5s

1

Saturday

..

1

4034
4334

45

10434
5234
5534

New York Central 4 34s
2013
N Y Chicago & St L 434s...1978

4s...,

17...

1

3...

1

May

Oiening

German 534s stamped

May

2

Renewal

High

1

May

Bonds

Argentine 4s.

1

May

bonds:

May

May

S.

562,000

Total

Low

indicate the range for the

10 each of the

May 1,

U.

30,259,000

Foreign

May

industrial

Total

S

32,310,000
576,000

V

interest after the German invasion.

more

and

5,067,156

$

37,357,000

Domestic

2,802,525

tie-close-l-OOQ^

rppnverpd do.Yl ex-div..at

May 31.

on

2,129,537

7,179.035

Stock sales—No. of shares

559,940,000

500,179,000 1,015,525,000

104,379,000

110,895,000

105,459,000

166,841,000

IX
IX

IX
IX

21,983,000

39,190,000

68,168,000

253,089,000

IX

IX

IX

IX

IX

IX

IX

IX

IX
IX
IX

IX

IX

IX

IX

IX

Holi day
Total

bond sales




741,761,000

710,025,000

723,806,000 1,525,455,000

IX

IX

IX

,\

Commercial

remained

paper

inadequate supply to

in

satisfy the continued active investment demand. No change
was shown in the
prevailing range of % to 1 % for average
grade prime 4 to 6-month paper. As heretofore, especially
choice names went at %% although the major part of trans¬
actions continued to be made at jH? %. Under date of May 16,
the Federal Reserve Bank of New York announced that

dealers showed a
market commercial paper out¬

received from commercial paper

returns

total of $238,600,000 of open

standing at the end of April, as compared with $233,100,000
at the end of March, and $191,900,000 on April 30, 1939.
FOR

RATES

NEW YORK

MONEY AT

Week Ended

1

May 25

June 1

May 4
Call loans

May 18

1@1

1@1

1@1

1@1

1@1

1

1

1

1

1

Wa

IX

1 Ya

1

Va

IX

IX

IX

IX

IX

IX

IX
IX
IX
1X

IX
IX

1 Ya

Range for week

average

result of these operations, and as of May 29 all member
banks found themselves with actual reserves of $13,215,148,-

(mixed and in¬

dustrial collateral

Time loans (mixed & Indus, collat.)

Thirty days
Sixty days
Ninety days

_

IX
IX

Four months

IX

Five months

IX

IX

IX

IX

IX

Six months

IX

IX

IX

IX

IX

H@1

X@1
X@i

Commercial paper:
Double and single names:
Prime 4 to 6 months
Good 4 to 6 months

X® 1

;

X®1

X@1

X®1

X@1

X®1

X® 1

Trading in bankers' acceptances remained negligible,
reflecting the continued scarcity of bills coming into the open
market .—Outstanding acceptances' according^to the "monthly
survey of the Acceptance Analysis Unit of the Federal
Reserve Bank of New York, released May 10, totaled $223,305,000 April 30 against $229,705,000 March 30 and $237,832,000 April 29, 1939.
Only bills based on goods stored in
or shipped between foreign countries registered an increase,
namely from $29,815,000 March 30 to $33,072,000 April 30,
whereas import bills declined from $89,827,000 to $85,527,000, export bills from $47,157,000 to $45,212,000 and
domestic warehouse credits from $40,187,000 to $38,151,000.
Bills held by accepting banks aggregated $178,286,000 of
which sum $117,579,000 were own bills, and $60,707,000
were

Rates for bankers' acceptances con¬

bills of others.

tinued to be quoted at YA%

bid and 7-16% asked for 30-day,
60-day and 90-day bills, at 9-16% bid and Yi% asked for
120-day bills, and at Y%% bid and 9-16% asked for bills
running 150 and 180 days. The New York Federal Reserve
Bank in its "Monthly Review" discussed conditions in the
market for bankers' acceptances as follows:
"Dullness continued to prevail in the market for bankers
acceptances during May.
With only a small volume of bills
being drawn and smaller amounts being released to the
market by accepting banks and bankers, the investment
demand for bills was largely unfilled."
PRIME

BANKERS*

ACCEPTANCES

Call Loans

May

120 Days
150 Days
90 Days
180 Days
30 Days
60 Days
Secured by
Accepl'ces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask
®i« aX

Xa? i«

Xa?n

2

Xaht

Xa7!,

Xa7x,

9i ,aX

Xa? u

Xa?!,

3

Xa7!,

Xa7!,

Xa7!,

?! ,aX

Xa?!,

Xa?i,

1

Xa7 is

Xaht

Xa7lt

Holiday

4....

5

Sunday
Xa7n

Xa7 n

Xa7i,

h ,aX

Xa?i,

Xa?i,

Xa7!,

Xa7 n

Xa7!,

®i« aX

Xa?i«

Xa? n

Xa7 is

Xa71«

Xa7!,

?! ,aX

Xa?!,

Xa? is

9

Xa7!,

Xa.716

Xa7!,

?! ,aX

Xa?i,

Xa? is

10

Xa7i,

Xa7!,

Xa7i,

?! ,aX

Xa?i,

Xa? i,

Xa7u

Xa7it

Xa7n

»i6 aX

Xa?!,

Xa? i«

Xa.71«

Xa7i,

Xa7!,

?! ,aX

Xa? i,

%a9i6

Xa71.

Xa71«

Xa7!,

Xa7ie

Xa7i,

Xa7!,

Xa? i6
Xa? u

Xa? i6

16

?i,aX
?! ,aX

17..

Xa7!,

Xa7!,

Xa?!,

h,aX

Xa? i.

Xa? ig

6
7
8—

-

-

•

-

-

Saturday

11—

Sunday

12—.
13

.

-

-

-

-

14

15

-

-

.

.

-

18

Xa? i«

Saturday

19

Xa7!,

Xa7!,

Sunday
Xa7!,

Xa7!,
Xa7i,

Xa? i6

Xa7!,

Xa716

Xa7n

23

Xa7 is

Xa7it

24-...

Xa7 is

Xa7 it

20

21—
22

.....

-

-

»

»!,aX

Xa? I#

Xa? i6

'i ,aX

Xa?i,
Xa7!,

Xa?!,

?i taX

Xa7i,

9i ,aX

Xa?a

Xa?!,

Xa7i,

?i,aX

Xa? is

Xa?n

•

Xa? i«

Saturday

25—.

Sunday

26

Xa71«

28

.•

29—

•

f»

--

•

-

.

Xa7n

Xa.7 is

RETURNS

OF

THE

BROKERS'

Xa7!,

FEDERAL

LOANS

IN

NEW

loans

to

brokers
was a

and

guaranteed

New York

brokers

Xa? is

Xa? u

The

third

securities

declined

securities

securities decreased $44,000,000.

Xa?!,

dealers in securities.

news

of the invasion.

In the

$38,000,000 and other
Demand deposits—ad justed

increased $437,000,000 to a new high at $20,201,000,000.
In the matter of security loans, the reporting banks in

Xa?a

weakening in the structure of the Govern¬

from the

market account acquired $2,150,000 more
Treasury bonds and $900,000 of Treasury notes, making the
aggregate purchases for the two weeks $10,400,000.
The
system did not find it necessary to buy any more Govern¬
ment issues in the week ended May 29.
The Federal Reserve banks found their support less needed
in the market because the reporting New York City banks
were active buyers in times of price weakness.
Over the
four-week period the 16 reporting New York City banks
acquired $219,000,000 more direct Government securities,
of which $117,000,000 represented Treasury bonds and notes,
divided $65,000,000 and $52,000,000, respectively, between
the former and the latter.
Of Treasury bills the New York
banks bought $102,000,000, raising their holdings to the
$287,000,000 mark.
Government
guaranteed issues of
these banks declined $3,000,000, but their other securities
increased $38,000,000.
The spirited buying of securities by
the New York City banks gave them a n3t rise of $98,000,000
in loans and investments, loans being off $156,000,000.
Loans to commerce, industry and
agriculture decreased
$21,000,000 to a total of $1,658,000,000.
Demand deposits
—adjusted of the New York banks rose $311,000,000 to a new
record high of $9,393,000,000.
The weekly reporting banks in 101 cities showed a reduc¬
tion of $40,000,000 in total loans and investments in the four
weeks from April 24 to Mav 22, with loans off $88,000,000
and investments up $48,000,000.
Commercial, industrial
and agricultural loans declined $25,000,000.
Holdings of
Treasury
bills increased
$77,000,000,
Treasury notes
$48,000,000 and Treasury bonds $5,000,000.
Government

Xa? it

YORK CITY

came

next week the open

Xa?i»

banking position in Mav centers largely
around developments having their origin in the European
war.
The first of these developments was the marked in¬
crease in the rate of expansion in the gold stock of the United
States which followed hard on the invasion of Belgium and
The Netherlands by Germany on May 10. The second was the
break in the stock market in this country which came after
the spread in the war in Europe, making for the cleaning out
of many margin accounts and a drastic decline in the volume
of

market which

Xa? is

The story of the

development

reserves

Xa?i,

RESERVE BANKS-

increased $250,000,000 to a
29, which was $10,000,000

May 22.
gold stock which added
during the four weeks under review included
the $11,000,000 increase in Federal Reserve credit outstand¬
ing, the $7,000,000 increase in Treasury currency, the
$112,357,000 decrease in the Treasury's deposit balance in
the Federal Reserve banks and the $93,000,000 reduction
in Treasury cash.
The., offsets to these additions to bank
reserves
included the $115,000,000 expansion in currency
circulation and the $154,000,000 increase in nonmember
deposits and other Federal Reserve accounts.
The rise in
nonmember deposits reflected an increase of $82,874,000 in
foreign central bank deposits with the Federal Reserve banks
and one of $73,552,000 in other deposits.
As to the open market operations of the Federal Reserve
banks, the system had made no change in its holdings of
Government securities for five weeks preceding the in¬
vasion of the low countries by the Nazi forces.
In the second
week of May, however, the open market account bought
$7,350,000 of Treasury bonds to soften the blow to the
to bank

9i ,aX

Holiday

31

reserves, excess reserves
total of $6,360,000,000 on May

under the all-time high attained on
Other factors than the rise in the

?i,aX

Xa7!,

30

quired

"is aX

Xa7!,

Xa7 it

representing an increase in the four-week period of
$345,232,000.
As deposits of member banks also were
rising fast, calling for an expansion of $95,000,000 in re¬
000,

?! tax

Xa7!,

Xa71«

Xa7 is

-

Xa? it

Xa7 is

27

$440,000,000, a new high for any month since the outbreak
of war in Europe last September.
In the period here under
review—the four weeks from May 1 to 29—however, the
gold stock increased by $391,000,000 to a new record high
at $19,162,000,000.
As the Treasury was falling back on
its store of free gold as a means of raising cash, though, the
amount of gold
certificates deposited with the Federal
Reserve banks in the four-week period increased $492,495,000
to a new peak at $16,935,473,000.
This use of free gold by
the Treasury was accompanied by a reduction of $93,000,000
in Treasury cash.
Thus all of the gold added to the monetary stock had its
effect on the banking position, plus approximately $100,000,000 of the Treasury's free gold, which was in a sense
desterilized.
Reserve balances were naturally increased as
a

(mixed and in¬

dustrial collateral

Week's

May 11

Stock Exchange:

on

15

MONTHLY REVIEW

June, 1940]

decline of $126,000,000 in loans to
so-called brokers'
loans—to a new low since April, 1933, at $350,000,000.
This liquidation of brokers' loans was concentrated in the
three weeks which followed the invasion of Belgium and
Holland.
Street loans, as compiled by the New York
Stock
Exchange, decreased $170,577,770 during May to
$408,909,000 May 31 from $579,486,870 April 30. On May 31,
1939, these loans outstanding aggregated $545,975,979.
City suffered

and

dealers

COURSE

The foreign
of

extreme

a

in

securities—the

OF STERLING

EXCHANGE IN MAY

in May reached a point
Practically all exchange rates

exchange situation

demoralization.

declined sharply in terms

of the dollar, and where declines

registered the undertone was weak and the quot¬
able rates were maintained by various national exchange
were

not

controls.

Official

rates quoted

in London

by the foreign

market, which was made the occasion for
substartial purchases of Government securities by the report¬
ing banks in New York City and, to a lesser extent, for the
resumption of open market purchases by the Federal open

control virtually dominated exchange markets
throughout the world. New York was the only free market
for the pound, and here sterling declined sharply.
The
market remained extremely narrow, and small changes in

market

supply and demand were reflected in the fates.
The mili¬
tary
situation
in
Europe was the
dominating factor
throughout, and international commercial relationships had

ment

In

account.

the

monthly review of the Federal Reserve Bank of
New York the growth in the gold stock in May is placed at




exchange

MONTHLY REVIEW

16
influence on

practically no

The Swedish krona was highly nominal and prac¬

quoted.

tically inactive.
With

the

of

invasion

Holland

and

Belgium

May

on

10

the guilder and

belga ceased to be quoted here or in London.
In New York sterling fell on May 10 to the extreme low

of

The all-time low of $2.85%

$3.00 for cable transfers.
recorded in

was

In
the

month

with

the

between

sterling ranged during

$3.00 and $3.50% for cable transfers,

low reached

These rates

York

New

May 10 and the high on May 2.
a range of between $3.43 and

on

compared with

$3.59% in April.
Throughout the month the following
vailed

in

southern Norway, the British

drawal of Allied forces from

spread of the war to the Low Countries,
and the subsequent German drive into France, all had
repercussions in the New York foreign exchange market,
Cabinet crisis, the

declined sharply against

where a number of exchange rates

States dollar.

the United

"Most New York exchange dealings continued to be con¬
centrated

for which, however, the

pound sterling,

the

in

official rates pre¬

London.

New York, 4.02%-4.03%; Paris checks,
(2.2883c. buying) ; Canada, 4.43-4.47 (90.09c.Australia, 3.2150-3.2280; New Zealand, 3.2280-

liamentary criticism of the Chamberlain Government, this
decline was accentuated on May 6, 7 and 8, when the rate
receded

16c.

some

sudden

90.91c.);

nominal

$3.31%.

to

attack

German

Immediately following the
Low Countries, the first

the

on

quotations for sterling

May 10 showed wide
rates until an opening

on

3.2442.

spreads

Exchange on Berlin, Czechoslovakia, Poland, Denmark,
Norway, Holland and Belgium was not quoted in London

trade was made at the record low of

New

York.

Several
cated

measures

severe

which

reacted

adopted in London which indi¬
British financial resources and

were

pressure

on

adversely

on

sterling, especially

term

outlook.

mons

the then Chancellor of the

In

statement

a

before

the

its long-

on

House

Com¬

of

Exchequer Sir John Simon

con¬

sensitive to small changes in supply and de¬
mand.
The pound quotation, which had been as high as
$3.53 on April 29, began to show an easier tendency on
news of Allied reverses in Norway and, accompanying par¬
tinued highly

176%-176%

or

Rates, therefore,

market remained relatively narrow.

December, 1932.

free market in

the

month, which included the with¬

"The events of the past

Continental

In

market.

the

Europe the French franc, linked to the pound, and Swiss
and
Swedish exchange were the only currencies freely

35c.

and offered

bid

between

$3.00.

This rate, which

the

previous closing quotation and 14%c.
below the previous all-time low touched in 1932,
repre¬
sented a 25% depreciation of free-market sterling against
the official rate in the London market.
This low level,
was

below

however, proved to be only temporary, as it soon attracted

stimulated

which

cerns,

by domestic commercial
partial recovery.
During

particularly

demand,

some

a

said that "the sky is the limit in British war

tions

rent

market

required would

trol

measures

the

remainder of the month the

Emphasizing the necessity for large war
Simon said on May 7 that if voluntary savings Mid-not
produce enough to meet the unlimited spending contem¬
plated by the Government, the money and everything else

con¬

expenditure."
outlays, Sir John

estimated

was

000,000

that

by

compulsion.
At that time it
expenditures were around $20,-

war

day.

a

The
for

be taken

total

expenditures

informed

of

far too low to meet the situation.

as

May 22 the British Parliament passed without dis¬
Emergency Powers Defense Bill which gave the
Government complete control over Great Britain's human,
the

and

and

An

industrial

Order

setting up

mobilizing

to

resources

erty and all

emergency.

and women

men

in

resources,
the national

meet

Council

controls

immediate

gave

under

all

classes

All prop¬

of every class were affected.

the

effect

ministries

banking, agriculture, transport, mining,

the

to

law,

labor,
industries, and

governing

war

export trade industries.
On

exports

under

of

silver

Govelnment

and

license.

on

Trade

to

therefor

the

had

export

been

except,

of silver

acquired

unless

at

the

means

official

of

payment
rate of $4.03

(mean rate).
Another
Trade

15%
steadily to

order

intended

was

to

issued

May 27

on

reduce still further

by

the

Board

the

volume

of

free

of

raw cotton, waste,
linters and threads should be permitted after May 30
under license.
The action was described as dictated

centers which

$0.1656

by the urgent necessity
foreign exchange.
time

same

the

of conserving shipping

cotton
on

and

space

of

Trade

producing

areas

while

authorities

were

to

grant permits to
imposing licensing

producing countries, was taken because
foreign exchange difficulties arise in
dealing with Allied

It

was

also

stated

that

the

type of cotton produced in
generally with the American
staple. A Board of Trade spokesman said:
"The program
of future imports will be discussed with
the United States
areas

does not compete

authorities."
At about the same time decrees were
made effective as
of June 17 whereby all machine tools
purchased by Great
Britain in the United States are to be handled in
tiie same
manner

firms

as^ planes

requiring

and

such

other

tools

war

are

no

commodities.
longer

is represented in New York by the British

Purchasing Com¬

Throughout the

month

it

discount

per annum.

Al¬

maintained

was

evidenced in widen¬

pressure was

forward

deliveries.

Since

the

extension

the

currencies

of

the

Low

Countries in

this

Details of

during May
view"

of

the gold
were

the

movement

outlined

Federal

at

the Port

follows

as

Reserve

of

New York

in the "Monthly

Bank

New

of

York

Re¬
for

"Imports of gold into the United States during May were
considerably heavier than in the previous month, and ap¬
parently

in about the

year

of

about

and

the

United

was

evident

that

the

on

States

during the month amounted to

$440,000,000, the largest monthly gain for the
The amount

of gold

held

war

under earmark for

for¬
eign account at the Federal Reserve Bank of New York in¬

creased about
to

$40,000,000, and at the end of May amounted

approximately $1,275,000,000.
"Gold imports into the United

weeks

States

during

the

four

ended

May 22, as reported by the Department of
Commerce, totaled $390,200,000, of which $238,000,000 came
from Canada, $44,300,000 from the United Kingdom,
$35,200,000 from the Union of South Africa, $19,300,000 from
Switzerland, $9,900,000 from Italy, $9,400,000 from the Neth¬
erlands, $5,300,000 from Australia, $4,700,000 from Japan,

$4,500,(XX)
from
Sweden,
$3,800,000
from
Hongkong,
$3,000,000 from Hungary, $2,400,000 from the Philippines,
$2,100,000 from Colombia, $2,000,000 from Mexico, and
$1,700,000 from British India."
CONTINENTAL AND

OTHER

FOREIGN

EXCHANGE

The

French

176.50-176.75

monetary

franc

francs

and

continued

to

British

in

this

ratio.

fluctuated

with

the

commercial
In

the

pegged

pound, and
alliance,

of the war,
New

York

to the pound at
the Franco-British

effective

until

six

permitted no alteration
free

market

the

franc

the

pound but had little or no bearing on
foreign exchange transactions.
On several occasions dur¬

the British financial structure is reflected

ing the month, owing to the German pressure on the Chan¬
nel ports, the franc in the free market moved above the

of the

the Bank's final statement for

Bank of England.
In
May circulation had reached

£556,864,000, the highest level in the Bank's history, and
compares with the previous record high of £554,615,983 on

1939.

commenting

Federal

on

the foreign exchange situation during

Reserve Bank

"Monthly Review" for June 1:




large volume as in March of
1939.
The increase in the gold

same

December,

was

in the expanding circulation

the

on

months after the close

import balance, despite all efforts to increase exports,
steadily increasing to unfavorable proportions.

In

forward

20%%

to

mission.

The strain

three-month

market."

British

permitted

directly with American manufacturers but must buy
only through the agency of the British Supply Board, which

May

$0.5309, increased

available for

deal

Dec. 27,

May 9, and the

on

May 10 of the Executive Order, 'freezing' certain for¬
eign assets in this country, to cover Netherlands, Belgian,
and Luxemburg assets, no current quotations have been

other

areas.

those

previously had been havens for refugee funds.

though the spot quotation for the guilder

period.
Board

pains to explain that their decision

no

nar¬

'

widened to the equivalent of about

this

"Allied"

month, however, the discount

21%%.

Hie belga rate declined from $0.1686 at the end of April to

stock

restrictions

of the

at a discount of

"Prior to invasion of the Low Countries on May 10, Bel¬
gian and Dutch exchange had undergone severe pressure,
largely as a result of continued flight of funds from those

only

at

At the end

United States dollar, weakened
discount of 22%% on May 25.

the

maximum

a

rowed to about

yarns,

the

market.

June 1:

exchange, requiring that all imports of

At

the free

quoted at about $3.20.

was

against

tobacco

It

of large withdrawals to the United
The Board of Trade order, it is
clear, was designed

prevent

the

on

stocks in the event

States.

about

ing discounts

was
thought in informed
quarters that the decision to make exports of silver bullion
subject to license may have been designed to preserve Lon¬

don

British exchange con¬
supply of sterling

new

reduce

to

offered in

might be

May the pound

imposed a ban

processed

possible

designed

"Canadian exchange, after ending April

at about

May 18 the British Board of

all

on

which

of

rumors

Toward the end

On

financial

mainly by the progress of military operations and by recur¬

called

£2,667,000,000.

Conservative and
opinion criticized the extraordinary pro¬

British

jected expenditures
sent

was

of

budget which had been introduced in April

pound showed erratic fluctua¬
within a range of $3.11%-$3.28%. No general tendency
apparent,
day-to-day
movements
being influenced

of

New

York

said

in

its

pound because of the difficulty in Paris of obtaining ster¬
ling, but the rates and transactions "were largely nominal.
On May 20 a French decree was issued drastically affect¬
ing the dollar holdings of French nationals and foreigners

living in France.

The decree applied only to American and

Canadian

differing

assets,

(Continued

in
on

this
page

respect
112)

from
<

previous

June,

17

MONTHLY REVIEW

1940]

DAILY

RATZS

OF

FOREfGW EXCHANGE
Czecho¬

1

France

Switzerland

Portugal

Spain

Italy

Franc

Franc

Escudo

Peseta

Lira

Checks
1

May

2—

May

3.. 1.96%al.97%
4
1.96%al.97%

May

—

May

May
May

O3.40

—

,3534o3.40

.353403.40
,35%a3.38

1.93

May 10.. 1.69 Hal. 89 % 1.70
May 11.. 1.78%al.84% 1.79

al.90

22.25a22.41

al.85

22.24a22.42

22.25

9.13a9.25

5.04%o5.04% 5.04%o5.05

9.13a9.25

5.04%o5.04% 5.04%a5.05
5.04%o5.04% 5.04 %a5.05

4

9.13a9.25

—

SUNDAY

—

9.13a9.25

—

9.13a9.25

5.04%o5.04% 5.04 %a5.05
5.04%a5.04% 5.04 %a5.05
5.04%o5.04% 5.04%o5.05
5.04%a5.04% 5.04%a5.05
5.04
05.04% 5.04%o5.05

34%a3.35

S.¬

9.13a9.25

May 9
May 10..

9.13a9.25

7

—

22

a.3.25
a3.21

21.91
1.77% al.82 34 21.90a22.34
al.87
May 15.. 1.79%al.86% 1.80
21.1234a21.89 21.13

a22.35 3 10

03.17

May 13..
May 14..

21.10a21.59

21.11

021.60 3 19

03.26

21.18a21.42

21.19

021.43 3 21

o3.25

1.80%al.84% 22.15a22.42

22.16

a22.43 3 2234a3.25

9.1309.25

May 11
May 12..

022.43 3 15

1.79

ol.87% 22.19

May 14.. 1.77%al.82
May 16.. 1.80

May 17

—

022.43

al.85% 1.80%al.86
al.86
1.81%al.85% 1.82

May 18.. 1.80%al.84

SUNDAY

May 19..

1.80
1.79%al.82
May 25.. 1.79%al.81% 1.80
—

—

—

—

05.04% 5.04% 05.05

available

9.1309.25

5.04

05.04% 5.04%o5.05

May 16..

9.1309.25

5.04% 05.04% 5.04%o5.05

May 17—

9.13a9.25

5.04% 05.04% 5.04 %a5.05

May 18

9.13a9.25

5.04

9.1309.25

5.04

a5.04% 5.04%a5.05

a5.04% 5.04%o5.05

—

05.04% 5.04%a5.05

SUNDAY

03.26

May 21—

9.1309.25

5.04

3,

a3.30

May 22—

9.13a9.25

5.04

3,

a3.28

May 23—

9.13a9.25

a5.04% 5.04%a5.05
5.03% 05.04% 5.03 %o5.05

a3.28
al.82 34 22.39022.42 34 22.3934022.43 3.
022.43 3.2534a2.28
al.81% 22.37 34a.42 34 22.38

May 24—

9.1309.25

5.04%a5.04% 5.04 %a5.05

May 25..

9.1309.25

5.03% a5.04% 5.03%a5.05

9.13a9.25

5.04

May 26—

SUNDAY

1.8034al.8134 22.39a22.42 34 22.3934a22.43

.24

03.28

May 27

1.7634al.7934 22.39a22.4234 22.3934a22.43
22.40O22.4234 22.40 34022.43
1.78%al.81% 1.7834ol.82

.23

03.31

May 28—

9.1309.25

5.04

05.04 %

May 29

9.13a9.25

5.04

05.04% 5.04%a5.05

1.80%al.81
al.79

.2434a3.31

HOLIDAY

May 30..
May 31

No rates

5.04

3.

3,

SUNDAY

May 28.." 1.76

May 29

a5.04% 5.04%o5.05

9.13a9.25

May 20..

—

May 27

SUNDAY
5.04

available

03.29

—

May 24

5.04%a5.04% 5.04 %a5.05

9.13a9.25

May 15..
-

•

No rates

May 19—

a22.43
22.40 34 a.42 34 22.41
al.86
May 20.. 1.81%al.85% 1.82
a22.43
1.76 3401.8634 22.30a22.4234 22.31
May 21
1.76%al.86
a22.43
22.36 34 a.42 34 22.37
al .81
May 22.. 1.75%al.80% 1.76
al.82
May 23.. 1.76
1.7634al.8234 22.39a22.4234 22.3934a22.43

May 26

9.13a9.25

—

O21.90 3 1334o3.22

5.04%a5.04% 5.04%a5.05

S.¬
6

a22.42 22.20

May 13— 1.78%al.87

Cables

9.13o9.25

1..

May
May

SUNDAY

May 12..

Cables

2—

,32%a3.35
233403.25

22.25 34a22.42

Koruna

Checks

3..

May
May
May
May

SUNDAY

22.41a22.42 34 22.4134022.43
al.96% 1.93%al.97
7— 1.90%al.93% 1.91
al.94% 22.41a22.42 34 22.4134 o22.43
8— 1.87
al.90% 1.98%al.91% 22.41a22.4234 22.4134a22.43
9
1.88%al.90% 1.88%al.90% 22.41a22.4234 22.4134a22.43

May

May
May

03.41

.37

1.96%al.97% 22.4134a.42 34 22.42a22.43

5..
6

.38

Cables

Checks

.36%a3.40

1.97%ol.98% 1.97%al.98% 22.41022.42,34 22.4134a22.43
1.97%al.98% 1.97%al.98% 22.41a22.4234 22.4134022.43
22.41a22.4234 22.4134022.43
1.96%al.98

—

May

May

Cables

Cables

Checks

Cables

slovakia

1.80

—

—

03.33

5.04%a5.05

HOLIDAY

May 30..

al.83% 1.80%al.8334 22.39a22.42 34 22.39 34a22.43 3.26

05.04% 5.04% 05.05

9.13o9.25

May 31..

5.03 %a5.04% 5.03 %o5.05

Germany

Belgium

Hungary

Rumania

Bulgaria

Yugoslavia

Greece

Helchsmark

Belga

Pengo

Leu

Lev

Dinar

Drachma

Cables

C 'bles

Checks
May

1

May"
May

3..

May

4_.

40. I_l_%.a40.251i
40.1134o40.25 16.8134016.84 16.82

—

May

6

40.1134040.25 16.79al6.83
40.1134040.25 16.79al6.81

May

7

May

8

—

9..
May 10..
.

May 11

—

May 12

May 13..

No rates

.50a.52

1.00

2.25%o2.38

.65

17.58 34al7.75

3-.

.50a.52

1.00

2.24%o2.38

.65% a.68%

.66

a.69

16.7934al6.82 17.5834017.75

May
May

.500.52

1.00

2.25 %o2.38

•65%o.68%

.66

a.69

May

5—

17.58 34al7.75

May

6..

.50a.52

1.00

2.25%o2.38

.64% 0.68%

,64%a.69

16.79 34a.83 34

May 14..

available

17.5834al7.75

40.04 34040.25

May 15—

—

SUNDAY'

7—

.500.52

1.00

.65%a.69

.500.52

1.00

2.25%a2.38
2.25%o2.38

.64% a.68%

8-.

.64% 0.66%

.64%a.67

May

9..

.SOa.52

1.00

2.25%o2.38

.64%a.66%

.64%a.67

—

.50o.52,

1.00

2.25%a2.40

.64%a.65%

.64% a. 66

—

.500.52 '

1.00

2.25% 02.40

.63% a.64%

.63%a.65

.61

a.64%

.61%a.65

.61

a.64%

.61 %a.65

May 10
May 11
May 13

SUNDAY
1.00

•50a.52

—

2.24 %o2.38

May 14..

.500.52

1.00

2.24%o2.40

17.5834al7.75

May 15..

.500.52

1.00

2.24 %o2.40

.61%a.64%

17.58 34al7.75

May 16

—

.50a. 52

1.00

2.24%a2.35

.61% a.64%

.62

—

.50o.52

1.00

2.24 %a2.40

.62%a.64%

.62%a.65

—

.500.52

1.00

2.24 %a2.40

.61% a.64%

.62

No rates

No rates

available

available

17.58 34al7.75

May 17

17.58

017.75

May 18

040.25

SUNDAY

May 19—

.65% a.69

May

040.25

39.96

May 18—

—

a.68%

.May

39.95 34o40.25

—

May 17

4

50a. 52—

—

17.58 34al7.75

40.04 34040.25
40.03

1

May 12..

40.05 34a40.25

May 16

Cables

—

SUNDAY

—

Checks

-2-25 %02T88- —6 5—«t68-%— --^65%^b09

2

40.11 34040.25 16.7134al6.75 16.72ol6.7534 17.58 34ol7.75
40.11 34040.25 16.66ol6.70
16.6634O.7034 17.58 34al7.75
17.58 34al7.75
40.1134O40.25 16.52 34016.57 16.53al6.58
17.58
40.06 34040.25
017.75
17.58 34o.17.75
40.06 34O40.2 5

—

May

C.bles

1.00

May

40.11 34040.25 16.74 34ol6.78 16.75al6.79

—

•

fij.17L58-3iolZ.75- -May
ol6.85 17.58 34017.75

SUNDAY

5-

May

C bles

Cables

Checks

Cables

2..

.61 %o.65
a.65

o.65

SUNDAY'

May 19—

May 20—

39.98 34040.25

17.58

017.75

May 20..

.500.52

1.00

2.24 %o2.38

.61 %a.64%

•61%

May 21..

39.98 34o40.25

17.58

ol7.75

May 21..

.500.52

1.00

2.24%a2.40

.61 % a.64%

.61%a.65

May 22..

39.96

040.25

17.58

017.75

May 22

—

.500.52

1.00

2.24%o2.35

.61

a.64%

.61%a.65

a.64%

May 23—

39.96

040.25

17.58

ol7.75

May 23—

.500.52

1.00

2 24%a2.38

.61

May 24

39.96

040.25

17.58

ol7.75

May 24

.500.52

1.00

2.24%o2.38

.60% a.64%

.60% a.65

39.90 34o40.00

17.58

017.75

May 25..

.50a.52

1.00

2.24%o2.38

•60%o.64%

.61 %a.65

—

May 25

—

May 26

SUNDAY

—

—

.61 }^a.65

SUNDAY

May 26—

May 27-

39.94o40.05

17.58ol7.75

May 27..

•50a.52

1.00

2.24%fl2.38

.60% a.64%

May 28—

39.94040.12

17.58ol7.75

May 28

.500.52

1.00

2.24 %o2.38

.60% a.64%

.60% a.65

May 29..

39.94o40.05

17.5934ol7.75

May 29..

.50a.52

1.00

2.24,%o2.38

.60%a.64%

.60% a.65

.500.52

1.00

2.24%fl2'.38

.59% a. 64%

.59%a.65

HOLIDAY

May 30..

May 30

39.95040.12

May 31-

17.59 34al7.75

—

Denmark

Poland

Canada

Argentina

Guilder

Krone

Zloty

Dollar

Peso

Cables

Checks

Checks

Cables

,

Checks

Cables

May

1

—

53.0So53.0934 53.08 34053.10

May

I..

15% 015%

2
3

—

53 .OSo53.10

May

2

15% ol5%

—

53.07 34o.09 34 53.08053.10

May

3

15% al5% %

disct.
disct.
disct.

15% ol5% %

May
May

8— 53.07053.09

53.07 34a.09 34

May

9.. 53.07053.09

53.07 34053.10

May

May
SUNDAY

May

«

-

-

29.77

56.98a58.00

No rates

29.77

56.98a58.00

available

29.77

56.98a58.00

29.77

56.98o58.00

16% al5% %
17'n al6% %

7
8.

17% al6%%
17% al6% %

9

May

—

May 12

—

SUNDAY

—

No rates

No rates

No rates

available

available

available

Mau

11.

Cables

SUNDAY

«

v

«

—

«.

29.77

disct.
disct.
disct.
disct.

56.98o58.00

56.98a58.00

29.77

available

disct.

17% al7% %

No rates

56.98a58.00

29.77
29.77

disct.

18% al8% %

May 10

JL

May 11

.

56.98a58.00

29.77

26.98a58.00

29.77

56.98a58.00

29.77

56.98a58.00

SUNDAY'

May 12

18% al7%%
18% al8%

May 13

disct.
disct.

29.77

56.98o58.00

18% al8%

disct.

No rates

29.77

56.98a58.00

19% ol8%%

disct.

abailable

29.77

May 17

1913igal8%%

disct.

29.77

56.92o58.00

May 18

May 15..

20% al9%%

disct.

29.77

56.92a58.00/

May 14
May 15

May 16

—

No rates

No rates

May 17

—

available

available

May 16..

May 18..

SUNDAY

May 19__
May 20.

•

6

May

May 10—

May 14..

5.

May

—

May 13

4.

May

—

Peso

Cables

disct.

43.07 34o.0934 53.08o53.10
4
5..
6.. 53.07 34a53.09 53,08o53.09 34
53.07 340.0934 53.08053.10
7

May
May

Colombia

Checks

May

53.08 34o.10 34

a.65

HOLIDAY

—

May 31..

Netherlands

May

.61

«.

-

--

SUNDAY

May 19
May 20

21

May 21..

May 21

22

May 22

May 22

22

i

—

56.98o58.00

a20%%
a20%%
a21% %

29.77

disct.

No rates
available

57.14a58.00

29.77

disct.
disct.

57.14o58.00

29.77

57.14a58.00

May 23..

May 23

22

May 24..

22

a21%%
a21% %

disct.

May 24-

disct.

29.77

57.14a58.00

May 25..

May 25

22%a21%%

disct.

29.77

57.10%a58.00

disct.

29.77

SUNDAY-

May 26—
May 27

May 28—

21% a20 % %
217ig a20 % %

May 29—

May 29

21% o21% %

disct.
disct.

■21% a21% %

disct.

May 27

HOLIDAY

May 30—
May 31

May 31..

No rates

29.77

57.10%a58.00
57.10% a58.00

available

29.77

57.21

O58.00

29.77

57.23

O58.00

HOLIDAY

May 30

—

57.14o58.00

SUNDAY

May 26

May 28—

—

29.77

No rates

Sweden

Norway

Finland

Brazil

Chile

Bolivia

Krona

Krone

Markka

Milrels

Peso

Boliviano

Sucre

C ibles

Checks

Checks

Cables

Checks

Checks

Cables

Cables

Checks

Cables

Ecuador

23.78o23.S3

23.78 34a23.84

al.96

May

1

2.

23.800.23.84

23.81a23.85

1.77

al.96

5.1605.17

3.00

6.75

1.77

al.96

2..
3..

05.15

23.8034a23.84 23.81a23.85

May
May

5.03

3.

5.03

05.15

5.16o5.17

3.00

6.75

4.

23.8034023.84 23.81a23.85

1.77

al.96

May

4__

5.03

05.15

5.16o5.17

3.00

6.75

1.

1.77

SUNDAY'

5..

5.03

—

05.15

5.16o5.17

3.00

6.75

SUNDAY

May

5..

6.

23.81023.84

1.80

a2.00

May

6—

5.03

05.15

5.16o5.17

3.00

6.75

7..

23.80 34023.84 23.81a23.85

1.85

O2.00

May

7—

5.03

05.15

5.1605.17

3.00

6.75

8..

23.8134023.84 23.82023.85

1.80

a2.00

May

8..

5.05

a5.15

5.16o5.17

3.00

6.75

9..

23.8134023.85 23.82a23.86
23.8134023.86 23.82o23.87
23.83 34023.87
23.83a23.86

1.87 3402.04

May

9—

5.05

05.15

5.16o5.17

10..
11..

23.8134023.85

3.00

6.75

1.92

02.04

May 10—

5.02%a5.15

5.17

3.00

6.75

1.92

02.04

May 11—

5.02%a5.15

5.17

3.00

6.75

SUNDAY

SUNDAY

May 12—

23.8134023.86 23.82o23.87

No rates

No rates

1.92

02.04

May 13-

No rates

5.02%o5.15

5.17

3.00

6.75

23.69023.86

available

available

1.92

02.05

May 14—

available

5.02%a5.15

5.17

3.00

6.75

1.90

02.04

May 15—

5.02 %a5.15

5.17

3.00

5.70

1.92

O2.04

May 16..

5.02 %a5.15

5.17

8.00

5.70

1.98

02.04

May 17—

5.00

a5.15

5.17

3.00

5.70

1.97 34o2.04

May 18—

5.00

05.15

5.17

3.00

5.70

23.68a23.85

23.73 34o23.86 23.74023.87
23.70 34 o23.81 23.71o23.82
23.80a23.84

23.80 34a23.85

23.8134a23.85 23.82a23.86
SUNDAY
23.78 34a23.85 23.79a23.86
23.75 34a23.86
23.75023.85
23.78a23.85

23.77023.84

5.17
5.17

3.00

5.70

02.04

May 22

5.00

05.15

5.17

3.00

5.70

02.04

May 23—

5.00

05.15

5.17

3.00

5.70

1.92

23.73 34023.86

o5.15
a5.15

a2.05

1.92

23.72a23.86

23.73o23.85

5.00

5.00

1.92

23.77 34023.85

May 20—

May 21..

1.92

23.78 34o23.86

23.71023.85

O2.05

SUNDAY

—

May 24—

5.00

a5.15

May 25-

5.00

05.15

May 26

23.76a23.84

23.76 34o23.85

1.97 34o2.05

May 27..

23.78 34a23.86

1.9834a2.04

5.17

3.00

5.70

5.17

3.00

5.70

5.03

a5.15

5.17

3.00

5.70

May 28—

5.03

a5.15

5.17

3.00

5.70

May 29—

5.03

05.15

5.17

3.00

5.70

1.92

May 31..

3.00

5.70

HOLIDAY




5.70

1.97 34a2.04

23.8134o23.85 23.82023.86
23.71a23.87

3.00

SUNDAY

—

23.78023.85

23.70023.86

SUNDAY

May 19..

1.973402.05

1.9734a2.05

HOLIDAY

May 30—
O2.04

5.02 %a5.15

5.17

■

MONTHLY KEVIEW

18

DAILY RATES

OF

FOREIGN EXCHANGE (Concluded)
Straits

Uruguay

Venezuela

Peru

Japan

Hongkong

Shanghai

Philippine
Islands

Settlements

India

Java

Peso

Bolivar

Sol

Yen

Dollar

Yuan Dollar

Peso

Dollar

Rupee

Guilder

Cables

Cables

Cables

nobles

Cables

Cables

Cables

Cables

Cables

May

1—

65.83

28.70a29.50

17.00atl7.25

23.44a23.50

21.63a21.75

May

5.91

a6.05

49.80a49lsu

2—

65.83

28.70o29.50

17.00al7.25

23.44a23.50

21.62a21.75

May

4.79

a5.25

49.80a4913i6

17HO30.35
16Ha30.35

17.00al7.25

23.44a23.50

21.50a21.60

May

4.38

a4.75

49.80a4913u

47.13^047.62
47.13Ha47.62
47.13 H 047.62

53.60

May

,17

a30.35

53.60

17.00al7.25

23.44a23.50

21.53a21.59

May

4.38Ha4.75

49.80a4913i«

47.13H047.62

.16

a30.35

53.60

47.11Ha47.62
47.11Ha47.62
47.11Ha47.62
47.11 Ha47.62
47.11Ha47.62
47.llHa47.62

,15Ha30.35
,15Ha30.35

53.60

May

3..

65.83

28.70a29.50

May

4—

65.83

28.70a29.50

SUNDAY

Cables

SUNDAY

May

May

5..

May

6-

65.83

28.70a29.50

17.00al7.25

23.44a23.50

21.25a21.39

May

7-.

65.83

28.70a29.50

17.00al7.25

23.44a23.50

21.92a21.00

23.44a23.50

May
May

4.64

a5.00

49.80a49 "n

4.53

a4.88

20.60a20.75

a5.00

49.80a4913i«
49.80a4913i8

8-

65.83

28.70a29.50

17.00al7.25

May

4.56

9_.
May
May 10—

65.83

28.70a29.50

17.00al7.25

23.44a23.50

20.65a20.85

May

4.71

a5.00

49.80o4913i#

65.83

28.70a29.50

17 00al7.25

23.42a23.50

19.42al9.65

May 10

4.51

a4.80

49.80a49 "n

May 11—
May 12—

65.83

28.70a29.50

17.00al7.25

23.44a23.50

19.99a20.40

May 11

May 13—

65.83

28.50a29.00

17.00al7.25

23.44a23.50

May 14—

65.83

28.25029.50

17.00al7.25

May 15—

65.83

28.38a29.00

16.50al7.25

May 16—

65.83

28.38a29.00

May 17—
May 18—

65.83

28.40a29.00

May

4.66

a5.00

49.80a4913xe

19.70al9.81

May 13

4.66

a4.85

49.80a4913n

23.44a23.50

19.69al9.95

May 14

4.82

a5.00

49.80o4913ib

23.44a23.50

20.09a20.15

May 15

5.27

a5.37

16.25al6.50

23.44a23.50

19.95o20.25

May 16

5.23

16.25al6.50

23.44a23.50

20.00a20.12

May 17

5.33

May 12

65.83

28.40a29.00

16.25al6.50

23.44a23.50

19.90a20.05

16.25al6.50

23.44a23.50

20.16a20.35

SUNDAY

May 19—

May 18

a30.35

53.59

.17

a30.35

53.58

.14

a30.35

,13Ha30.35

5.42

,09 H O30.35

49.80a4913ie

47.llHa47.62
47.llHa47.62
47.llHa47.62

a5.37

49.80o4913I«

47.llHa47.62

.12

a30.35

a5.56

49.80a4913is

47.llHo47.62

.09

a30.35

a5.60

49.80a4913j6

47.llHo47.62

,11

a30.30

47.llHo47.62 30 .07
47.llHo47.62 30 .07

a30.30

13Ha30.35
.13

a30.35

SUNDAY

May 19

May 20—

65.83

May 20

5.66

o5.95

49.80a4913n

May 21—

65.83

29.00a29.50

16.25al6.50

23.44a23.50

19.78al9.90

May 21

5.42^a5.70

49.80a4913i6

May 22—
May 23—

65.83

29.00a29.25

16.25al6.50

23.44a23.50

20.06a20.20

May 22

5.53

a5.54

49.80a4913i#

65.83

29.00

16.25al6.50

23.44a23.50

19.97a20.00

May 23

5.42

a5.62

49.80a4913i«

May 24—

65.83

29.00

16.10al6.50

23.44a23.50

19.95a20.12

May 24

5.403^a5.62

49.80a4913i®

May 25—
May 26—

65.83

29.00

16.10al6.25

23.44a23.50

19.87a20.00

May 25

5.47

a5.62

49.80a4913u

47.llHa47.62
47.llHa47.62
47.llHa47.62
47.llHa47.62

May 27—

65.83

29.00

16.10al6.50

23.44a23.50

19.83 Ha20.00

May 27

47.llHa47.62

10a30.30

May 28—

65.83

29.00

16.00al6.25

23.44a23.50

19.50

al9.90

May 28

5.40^a5.62
5.333^a5.56

49.80a4913i«
49.80a4913n

May 29—

29.00

16.00al6.25

23.44a23.50

19.72

al9.95

May 29

5.36

a5.62

4913i8a49.85

47.llHa47.62
47.llHo47.62

09a30.30

65.83
65.83

29.00

23.44a23.50

19.83 H«20.20

5.37

a5.63

4913i«o49.85

47.llHo47.62 30.10a30.30

HOLIDAY

May 30—

May 31—




15.75al6.25

a30.30

30 .08

a30.30

30 .08

a30.30

30 .07

a30.30

3O.l0Ha3O.3O

SUNDAY

May 26

10O30.30

HOLIDAY

May 30

No rates

available

28.40a29.00

SUNDAY

53.60

,17

SUNDAY

,

SUNDAY

53.60

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF BOND PRICES DURING MAY 1940

741,761,000

Jan. 1 to May 31

NOTICE—Cash and deferred delivery sales are disregarded In
outside of the regular monthly range are shown In a footnote in
range

May.

$123,104,000
710,025,000

$176,105,000

....

.

Jan. 1 to

1939

1940

Stock Sales

1939

1940

Bond Sales

May

Shares_

May 31

12,935,210
96,800,295

38,964,712
111,392,190

tne monm's range unless they are the only transactions of the month,
the month in which they occur.
No account is taken of such sales

and when selling
in computing the

for the year.

The tables

on

pages

19 to 40 furnish a complete

record of the transactions on the New York Stock Exchange during

May 1940, and the range for 1940.
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 italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bond®
are

and bonds on which

price to which accrued interest must be added.
The exceptions to the rule are income bonds
This method of quoting bonds became effective Jan. 2, 1909.
Quotations after
or more 32ds of a point

at a

decimal point repre¬

Interest is in default.
sent one

Sales in

8*8
it

BONDS

May
N. Y.

Value

2,

1940
Bid

RANGE SINCE JAN.

PRICES IN MAY

Price
Jan.

STOCK EXCHANGE

Ask

May
Bid

1

Lowest

May 31

Ask Bid

Ask

1947-1952

276,000 Treasury 4Hs
Registered
1,000

120.20 120.5

117.9

Sale

117.6

J

D

119.31 Sale

Il4T8 114*21

111.24

Sale

111.21

114.12 114.16

161.22 Sale

..1944-1954

378,000 Treasury 4s

114.28 Sale

111.21

114.25 Sale

Registered....
1,000
196,000 Treasury 3Hs

1946-1956

M

1940-1943

J

S

114.22 114.28

Registered

37,000 ^Treasury 3
Registered
5,000
116,000 Treasury 3H8

...

1941-1943

Registered.......

85.666

M

D

S

166718 100I23

May 13 101

May
7 101
May 14 103.12

101.9

101.12

104.21 Sale

103.6"

103.10 102.25 102.29 102.22

"4"

D

109.20 110

109.3

109.7

107.16 Sale

107.16

F

A

105.13 Sale

104.7

104.12 103.19 Sale

103.19

May 31 109.7
10
May 31 104 T3~

1943-1945

A

O

109.27 Sale

109.20 109.24 107.16 Sale

107.16

May 29 109.19

1944-1946

A

O

110.12 Sale

110.17 Sale

1946-1949

J

D

111.10 111.13

111.21111.24 108.26 Sale

1949-1952

J

D

111.27 112.4

112.19 Sale

109.20 109.24 109.14

1946-1948

311,000 Treasury 3H8

J

D

110.18 Sale

111.8

Sale

108.10 108.13 108.12

May 28 111.8

111.7

Sale

107.28 Sale

108.13 Sale

Registered

544,000 Treasury 3H3

....

Registered.

...

17 121.4

Apr.

8

Apr.

4

May

111.20

May 29 115.3
May 28 115.9

Apr.

3
5

Jan.

30 114.8

Jan.

30

6

Sale

8

100.16

May

7

101

May

13 102.8
7 101.30

Jan.

7

Jan.

25

102.22

May

14 104.24

Jan.

5

May

6

107.16

May 31 109.30

Jan.

4

109.11

Apr.

4

2

103.19

May

10 109.21
31 105.17

Mar.

May"

Jan.

4

May

3

107.16

May

110.1

Jan.

4

Jan.

109.26

Jan.

109.30

Jan.

11

108.4

May 31 110.17

May

1

108.4

May

110.21

Apr.

25

May 25 108.12

May 25

108*12

May

110.14

Mar. 29

May 31 111.29

May

6

109.26

May

112.13

Apr.

111.8

Jan.

111.29

May

2

111.8

Jan.

111.29

Mar. 23

May 24 112.23

May

1

109.14

May

113.10

Apr.

May

2

108.12

May

111.22

Apr.

2

110.17

Jan.

110.17

Jan.

25

May
1
May 22
May
2
May
8
May 3

107.25

111.30

Apr.

8

108

May
May

111.1

Mar. 23

104.20

May

109.10

Apr.

105.7

May

108.16

Mar. 23

106.26

May

109.26

Apr.

2

108.30

Feb.

109.12

Mar.

8

May

1

105.24

May

109.19

Apr.

1

May

1

104.16

May 28 108.30

Apr.

4

107.24

Mar.

Mar.

8

103.24

May 24 108.12

Apr.

107.14

May

2 107.28
May 28 108

Mar. 18

16

110.17

Jan.

107.25

25

108

May 24 111.7
May 22 108

104.20

May 28 108.20

105.7

May 29 108.10

106.26

May 31 109.18

108.30

Feb.

105.24

May 23

M

S

110.10 Sale

M

S

107.30 Sale

1946-1947

M

S

109.5

Sale

109.12 109.16 106.26

1948-1951

M

8

108.8

108.16

109

Sale

105.30 106.3

1951-1954

....

J

Sale

161728

Sale

104.16

May 28 108.8

1956-1959

M

103.29 Sale

103.24

May 24 107.13

107.14

May

103.13

May 28 107.7

Registered
Treasury 2Ha

D

107.12 Sale

108.8

8

106.21 Sale

107.12 Sale

Treasury 2 Ha
5,000
Registered
448,000 Treasury 2Hs
Registered....
641,000 Treasury 2 Ha

105.2

Sale '

Sale"

107.24

Registered

178",000

Mar

19

109"""

8

2 107.14

8 107.24

May
May
May

7

103.13

May

2

103.16

May 28 108.1

1958-1963

J

D

108.20 Sale

107.7

Sale

103 "24 Sale

1960-1965

J

D

106.13 106.20

107.6

Sale

103.22 Sale

103.16

May 28 107.8

107.29

Apr

107.29

Apr.

4 107.29

Apr.
Apr.

...1945

Registered

J

D

108.23 108.28

108.26 109

I06"l6 106"22

106.20

May 22 10806

May" 10

106.20

May 22 109.13

Apr.

S

....

Treasury 2 Ha

Registered

0

108.12

108.26

1955-1960

147,000 Treasury 2Hs

Apr.

May
May
May

Apr.

.1951-1955

236,000 Treasury 2Hs
Registered

111.21

109.26
108.4

—

356;000 Treasury 3s.
2,000
Registered
855,000 Treasury 2 Ha
11,000
Registered

8

May

May 28 115.6

...

Treasury 3s
Registered

Apr.

118.14
111.21

...............

-

May 28 121.6

May
May 29

—

205,000 Treasury 3Hs
Registered
1,000

Sale Prices

117.6

114.8

111.21

J

109.11

May
8
May 17

30

1943-1947

...

Registered

101", 000

100.16

102.14 102.22

...

65,000 Treasury 3Hs

357", 000

Jan.

—

...

Registered

239",000

May 28 114.28

118.14
114.24

1941

Treasury 3Hs

Registered.
1,000
214,000 Treasury 3 Ha

111.20

118.14

119.29 Sale

28
17
28
29

120.29

101

O

May
May
May
May

114 3

A

Highest

Sale Prices

Sale Prices

Sale Prices

U S GOVERMENT BONDS

1

Lowest

Highest

:

4

4
0

3

3

Apr.

2
2
4
5

107.18 107.24

108.20 Sale

105.19 105.25 105.13

May 24 108.25

May

2

105.13

May 24 108.31

Mar. 16

105.13 Sale

106.12 Sale

103 "8"

Sale""

May 28 106.13

May

3

103.2

D

May 28 107.2

Apr.

4

1950-1952 M S
566,000 Treasury 2 Ha
1951-1953 J D
120,000 Treasury 2s
1947 J D
242,000 Treasury 2s.........—.....1948-1950 J
D

105.17 Sale

106.8

Sale

102.31 Sale

104.4

Sale

127400 Treasury 2 Ha

1948

M

Registered

296",000

Treasury 2 Ha

313~66O

Treasury 2 Ha

1949-1953

J

105.17

Registered

5,000

104.18 104.23

103.13 103.18 103.4
101.7
101.14 Sale

105.18 Sale

104.9

101.15 101.21 101.14

103.6

Sale

M

8

108.11 108.16

3Ha

1944-1964

3s

1944-1949 M N
J
1942-1947 J

108.8

Sale

3s

105.7

105.12

2 Ha

1942-1947

8

105.2

105.8

M

105.27 106.3
108.2
108.6
105.19 Sale
Sale
104.16 104.20 103.26 Sale
103.16
104,10 104.13 103.8
108.3

Home Owners Mortgage Corp—

47,000

1944-1952

3s Series A

1

Q

Ha series M

NEW YORK

3,643,000
2,782,000

22,066

iGtd sink fund 6s

May 24 107.3

Apr.

24 104.9

May
May
May

2

101.7

May 24 104.23

Apr.

1

103.2

May 21 105.30

Apr.

3
3
3
2

21 105.18

101.14

May 22 104.24

Apr.

May 23 104.8

Mar. 15

105.30

May 23 108.13

May

7

105.30

May 23 108.24

Apr.

105.19

May 31 108.3
May 15 104.26

May

1

105.19

May 31 108.21

Apr.

103.16

May

7

103.16

Jan.

9

103.9

May 23 103.20

May 13

103.9

May 15 105.15
May 23 105.2

Jan.

24

105.4

May 31 107.29

May

1

105.4

May 31 108.12

Apr.

4

Feb.

23 107.17

Feb.

23

103.2

May 31

107.29 Sale

105.4

Sale

104.2

104.5

103.2

Sale

102.5

Sale

100.9

100.15 100.8

95 H
95

D

1947 F A
1948 A O

38,000
^External s f 7s series B
1945
21,000
lExternal s f 7s series C
1945
44,000
iExternal s f 7s series D
1945
35,000
a7s 1st series
.1957
10,000
a7s 2d series
1957
16,000
a7s 3d series
1957
76,000 Antwerp (Oity( extl loan 5s
..1958
Argentine Nation (Govt of)—
646,000
S f external 4Hs
1948
313,000
SinkiDg fund external 4Hs
1971
529,000
S f external conv loan 4s.Feb 1972
133,000
8 f external conv loan 4s__Apr 1972




5

103.4

101.14

107.24 108

D

Akerahus (Kingd of Norway) 4§_1968 M S
iAntioqula (Dep tof) Col 7s A. .1945 J J

For footnotet see page 30.

Jan.

9

22 104.9

6
8

107.17

Feb.

2

103.2

May 31 104.25

Mar.

7

1

100.8

May 24 102.12

Apr.

5

23

I6IT5" May"

May 24 102.10

May

CITY

Transit Unification Issue—
3% corp stock (plan B) w L.1980 J
3% corp stock (plan I) w i._1980 J

iGtd sink fund 6s

Jan.

May

1

101.16 101.24

1942-1944
1945-1947

FOREIGN GOVT & MUNICIPALS
Agricultural Mtge Bk (Colombia)—
19,000
7,000

105.17

24 106.15

May 23

104.17 104.22

M N

Registered
2 Ha Series

23

May 23 101.14

101.14

17,000

174~66O

23 105.23

Jan.

May
May
May
May

107.17

103

68,000
63,000

201,000

103.2

102.31 103.6

Registered—...
Federal Farm Mortgage Corp—

6,000

103.2

A

O

A

O

A

O

3

D

27 H
27

30

25H
25H

13
13

135
66;

91H
90 H

-----

26%

22
24
40

15

7H

MN

94 H

Sale

M N

88

Sale

F

A

80 H

A

O

79H

Sale
81H

8H
Sale

8H
Sale

Sale
9
Sale

70

7H
7H
10

96 H

89 H

Sale

78 H

Sale

74

Sale

Sale
90H Sale
85

85

Sale
Sale

88 H May 21

30

17
17

9H Sale
72

89

96 H May

27

7h
8

69

97 % May

89

31

7h
8

16
Sale

May 21

88 H May 21

20

18

17

Sale
Sale

20

37 M

94
14
14
14
14

Sale
Sale

25

8

May 27
May 14
Apr.

May
May
May
May
May
May
May
18H May
7%
7%
7h
7H
7Vs
7%

24

26

May 13
May
2

23
22
24
22
31
27
28
29

22

11H
11M
11H
10 %
9%
9h
9h

May 27
May 14

28 % Feb.
29
Feb.
66

23
22
24
24
31
27
28
29

70

May
75 % May
68% May
69 H May

15
16
16
16

87
May 15
75 H May 16

96 H May
90 H May

68% May 16
69 H May 16

85
85

8

May
May
May
May
May
May
May
May

May
May

7%
7 H

7%
7H
7%

7%
18 H

1
2
1
1

97 % May
96 % May

Apr.
May
May
May
May
May
May
May
May

24
40

10

May 21

87

10

16
15

Mar. 13

15% Feb. 15
16
Feb. 15

15% Feb. 14
Feb. 14
Feb.
1
Feb. 15
Feb. 15

Apr.

4

96% Mar.

6

95

Mar.
87% Mar.

7

87 H Mar.

7
7

20

N. Y. STOCK EXCHANGE—BONDS

Sales in

11

BONDS

May
Value

N. Y. STOCK

PRICES IN

Price
Jan. 2,
1940

"S*

EXCHANGE

May

Bid
Ask Bid
$
foreign govt (Continued) —
J
87
Sale
63%
481,000 Australia 5s of 1925—July 15 1955 J
M S
64
343,000
83% Sale
External loan 5s of 1927
Mn
60%
75
277,000
79
External g 4%s of 1928
8
7
8
60,000 ^Austrian Govt s f 7s
------1957 j J
12
11M
ABavaria (Free State) ext 6%s__1945 F A
M S 100
90
Sale
321", 666 Belgium 25-yr external 6%s
1949
88%
175,000
94% Sale
External s f 6s
1955 J J
161,000
102% 103% 100
External s f 7s
1955
13
11
22
4,000 iBenin (Germany) s f 6%s
1950
12%
22
13%
iExternal sinking fund 6s
1958
18%
17 M Sale
372",000 iBrazil (U S of) external 8s
1941
15
13 M Sale
432,000
AExtl s f g 6 %s of 1926
1957
14%
14 % Sale
271,000
AExtls f 6%sof 1927
1957
14%
13
Sale
235,000
ACent Ry 30-year g 7s
--1952
57
75
37,000 Brisbane (City) s f 5s
90
1957 M S
56
Sale
50,000
Sinking fund gold 5s
1958 F A 75
Sale
87
26,000
20-year s f 6s__
1950 J D
7
28,000 ABudapest (Cityof) 6s_._9% ""6%
1962 J D
Buenos Aires (Province of)—
74
63
AOs stamped
1961 M S
59
344,000
Readjustment 4%-4%s
1977 M S 57 M Sale
59
F A
137,000
56%
58
Refunding s f 4%-4%s
1976
59%
98,000
56%
58 M
Extl readjust 4%s-4%s
1976 A O
61%
111,000
Extlsf 4%-4% $ bonds
1975 M N 56 M Sale
41%
26,000
3 %s external s f $ bonds
1984 J J 38M 40
Bulgaria (Kingdom of)—
5%
20,000
11%
14 M
a Secured s f 7s
1967 J J
6
6,000
^Stabilization loan 7%s
1968 MN
11M
20

854,000 Canada (Dominion) gold4s..---I960
1,222,000
30-year gold 5s
1952
396,000
lC-year 2%s
Aug 15 1945
331,000
2.5-year 3 34 s
1961
178,000
7-year 2
— 1944
453,000
30-year 3s
1967
209,000
30-year 3s
1968
ACarlsbad (City) s f 8s__.
1954
ACent Agric Bank (Ger) 7s_.—1950
4,000AFarm Loan s f 6s
—1960

a

o

MN
F

A

J

J

J

J

J

J

MJV
J

101% Sale
106%
96%
93%
96%
88%
88%

Sale

96%
Sale
Sale
89
Sale

J

M S

J

J

15%

"l5""

AFarm loan

s

f 6s..

_

-

.

... -

on...-I960
7s_
1942

7,000 AChile Republic ext s f g
62,000 •
a7s assented.
1942
AExternal sinking fund g 6s.--I960
158,000
A6sassented
...-I960
19,000
AExternal s f gold 6s_.—Feb 1961
_

24,990

122,090
34,00o
129,000
7,000
45,000

4,060
30,000

19,600

MN
O

17

A

O

13%
16%

Sale

A

13

Sale

16%

Sale

Jan 1961 J
AExtl s f 6s int ctfs_ —-Sept 1961 M 5
a6s assented
Sept 1961 M S
AExt sinking fund 6s
1962 M S
a6s assented
1962 M S
AExternal sinking fund 6s
1963 MN
**
a6s assented..
-1963IM N

13

s

f g 6s

J

a6s assented

D

1961

a6%s assented
AGuaranteed s f gold 6s

ACologne (Germany) s f 6%s—1950 M S
Colombia (Republic of)—
a6s of 1928i
Oct 1961 A
a6s of 1927
--Jan 1961 J
AColombia Mtge Bank 6%s
1947 A
ASinking fund 7s of 1926
1946 MJV
ASinking fund 7s of 1927--—1947 F A
Copenhagen external 5s—;
1952 J D
MN
Gold 4%s
- —1953
§ACordoba (City) 7s stamped —1957 F A
J
Cordoba (Prov) Argentina 7s—1942 J
_

2,000
54,000

32,000 ACosta Rica (Rep of) 7s
27,000 Cuba Rep of) 5s of 1904
5s ext debt Ser A of 1914

14",000
512,000
22,000
36,000
2,000

283",006
107,000
279,000

-.1951
—1944

1949
4%s external loan
1949
4%s external debt
1977
30-year s f 5%s
_._1953
APublic Works 5%s__June 30 1945
ACzechoslovak (Rep of) extl 8s__1951

3,000
30,000
33.000
4,000
1,000
22,000

MN
M S
F

A

a7s part paid....—as f secured 6s
a6s part paid

Haiti (Rep of) 6s series
all am burg (State) 6s




Sale

38

Sale

37

Sale

90% May

17

88% May

6

May 17 100% May
14
May
May
3

1
3

35

1

"12"
Sale
Sale

13%
9%
9%

Sale

58

35

42

60

36%

69%

42

Sale

43
Sale

5%

7%

60

80
Sale

13% May 32
9% May 28
9%' May 22
10% May 28
38
Mya 24
37
May 28
42
May 29
5% May 27

13

Jan.

Sale Prices

29
31

Jan.

15

90% Jan.

24

28

84

Jan.

24

13

10

Mar. 18

59% May
60
May
60
May
62
May
43 % May

91

30

14
Apr.
2
16 102% Mar. 19
17 100% Apr.
5
17 108
Mar. 19
19

14

Jan.

20

12% Apr.

23

23 % Mar.

9% May 28 18% Mar.
9% May 22 18% Mar.
10% May 28 18% Jan.
38
May 24 79
Jan.
37
May 28 78
Jan.
42
May 29 87% Feb.
5% May 27, 10% Mar.

Sale

Sale

Sale

53

Sale

44

36

Sale

11

9

Sale

12%

8%

51
51

52% May 23
36
May 31
8

May 28
9% May 21

10
Sale

p

69

Sale

83%'

Sale

74

Sale

61

59

Siile

59%

Sale

79%
58%
59.%

78

May
May
May
May
May
May
May

28
31

31
28
28
31

31

48

8
2
7

8

May 15
May 24'
48% May 25
52% May 23
36
May 31
48

10
May 13
11% May 13

94% May
101 % May
92% May
85% May
92% May
81% May
81% May

8

May 28
9% May 21
69

83%
74
61

79%
58%
59%

7

6

15%
15

16

10

May 29

15

11

May

l5

14

20

13%

ally

16
15%
14% Sale
17
15%
14% Sale
15%
14% Sale
15% Sale
14%
J.1X8
1
14%
15%
%

12%
11%
13%

14%
11%
13%
11%
12%
11%
12%
11%
14%

May
May
May
May
May
May
May
May

22
28
23
28
28
28
27
27
10
23
24
23

13

13%
12%

11

12%

12%

11

12%
11%
12%

..

Sale

14
Sale

13

11

14%

15%
14% ~M%
18
15%
14%
14%
15
14%
1'3% Sale
15
14%
13
13%
15
14%

11

14%

13

13

Sale

16%

Sale

13%
16%

it*
11*
if*

Sale

14%

"26""

12

13
Sale

Sale

a17,y»
17

9%

15

7

13

12%

•

_

11

12%

12%

15

11

12

11

10%

12

11

14%

10%

12

10%

12

Sale

11

15

Sale

10%
15%
10%

13%

14%
13%
17%
11%
6%

"i2M

15% May

II"

May

6

15

12
_

11%
10%

3

10%

;•

_

May
12
May
13% May
12
May
13% May
12
May
13
May
11
May
12
May
11% May
13 % May
11% May
12
May
10% May
17% May
10% May
6% May

15% May

8
8

25

30
24

13
18

66

Feb.

15%
14%
15%
14%
15%
14%
14%
14%
13%

May
May
May
May
May
May
May

Jan.

10

15

31

Apr.

11

28

31

89

31

May
May 24

88% Jan.

28

8

29
29

13% May

o

21
22

12

10

21
18

23

16

9
10

Jan.

16%
15%
15
16%
17

25

Mar. 29
Mar. 18

Apr. 20
Apr.
4
Jan.

2

May 28

14% Apr. 27

Jan.

19

17

May
May
May
May
May

14 % Mar.

9

28,

17

2

28
27
27

14% Mar.

Jan.

29

28'

Feb.

1

9
13% Feb.
12
May 23
13% Jan. 19

Jan.

2

Jan.

17

,

Jan.

9

10

14 % Mar.
16% Jan.
14% Apr.

9
9

22

14

17

Jan.

4

14%
16%
14%
16%
13 %

Mar.
Jan.

Mar.
Jan.
May

9
8
9

11

3

21
23

2
3

Jan.

7

23

10

12

14
May
15% May
May
1414 May
13% May
14 % May
13% May
14% May
13 % May
14% May

13
23

12

9

3

96% Jan.
93% Jan.
96% Jan.

Mar. 15
Jan.

19

67% Mar. 14
45% Apr.
4
14

4
15% Jan.
10
May 29
12%.. Apr. 13
11

65% Feb. 17
63% Mar. 13

28 101% Jan.
31 107
Jan.

May
May
May
May
May
May
May
Mar.

13%
11%
13%
11%
12%
11%
12%
11%
13%

14% May

16

Jan.

12

Feb.
12% Feb.

17% May 21
May
3
6% May 16

12

11

8

80

50%
48%
48%

Sale

42
May
42% May
36
May
6% Feb.
12% Jan.
35
May
36% May
35
May

11% Feb. 15
13 % May 22

18% May
15
May
14% May
14% May
57% May
57% May
54
May
6% May

48
May 15
48
May 24
48% May 25

11% Sale

Sale

Sale
Sale
Sale

Sale

15

16

14

Sale

13

May

36 % May

....

16%

26%
26%

28

Sale

:::::
30

26%

44%
41%

Sale
42%

Sale

17%

28%
25%
25%
25%

Sale
27
30

20

16

70

70%

19

17%
69%

75

Sale
72
82%

77

Sale

102%
75

13%

Sale

47%

Sale

21%

Sale

70%

74

70%

74

A

O

A

1

72

71'
71
10

J

13

J
M S

MN

5

35%
31%
26%

74
75

65

73
—..-.j

MS
O

75

70%

70%

75

69""

72

101

80
»

-

75%
75%

Sale

Sale
Sale
Sale

67%
75
75

71
69

70

15

15

15%

17

13%

42

90

44

40

Sale

48

75

50

-

d

96%

j

D

108" III"

115%

121""

105%

109

-----

J

d

A

O

8%
6

Sale
8

14%
7%

Sale
Sale

50

Sale
75

7%
75
110
108

Sale

18

Sale

11

Sale

7%

a

"6

1

29
29
13
10

May 13
May 13

May
May
99
May 28 102% May
70
May 21 80% May
13% May
2
13% May

10

2
3
9
2

22% May
4
May
3
17% May 15

36
32

68
May
67
May
70% May
68
May
68
May
70
May

72
May
3
70% May 13
71% May
6
72
May
75% May
75
May

20

27
20
13
18
18
18

12%
23%
16%
18%
14%
84%
8%
7

24%
6%
6%
6%
6%
22%
91

70]
70]
53

79]
60]

15%
7

25

9
2

May 21
May 23
11% May 21
9
12% Feb.
11% May 23
12
May 29
10% May 29
14

Jan.

11

10% Jan.
6% Feb.
12% Apr.

3
5

10

6

8
5

13% Apr. 25
16

Jan.

5

14

Jan.

23

16

Jan.

4

13% Jan. 25
17% Apr.
1
13

Mar.

6% Apr.
14

Jan.

May 29
May 27
26% May 22

16
90

9%

10%
30

8

17
20

21%
12%

52

Mar. 13

49

Mar. 13

5

72

Mar. 29

69% Jan.

18

85

Mar.

7

21

Apr.

6

13

May
99% May
102% Feb.
98
May
52
May
99
May
70
May
13% Feb.
13% Feb.
20
Apr.
18% Apr.
17% Apr.
68

102% Mar. 13
Apr.
5
101% Jan. 26
62
5
Apr.
103 %

104

Jan.

17

81% Apr. 22
13% Feb. 26
Feb.

73

26

Mar. 13

63% Mar. 13
55% Mar. 13

67

May 27
May 20

75% Apr.
75
Apr.

70

Jan.

75

18

68

13
1

Mar. 15

May 18
68
May 18
70
May 18
11% Jan.
3

75% Mar. 18
75% May
1

9
31

10% May
40
May

16

22

40

80

27
10

May 21 115% May 16
May 22 108% May 22

Mar. 23

13% Jan,

23

Feb.

23

53% Feb.

Jan.

14

Mar. 13

13% Mar. 27

9% May
75
May
92
Apr.
105
May
106

75

105

Jan.

Jan.

21% May 31
12% May 28

10% Jan.
6% Apr

10

May 24

15% May

2

10

May 24

15% May

12

12

11
16
15
22
27
22
16

May
9
21% May
1
13
May
2
82% May
1
10
May
1
10
May 22
70
May
1

12

May 11

21

Mar. 12

5% May
7
6
May 27

6% May 22
6% May 11

5% Feb.

18

92% Apr. 16
Apr. 19
109
Apr. 24
118

11% May 10
7
May 13

Sale
14%

7

10%

—

—

10

85

15

10

12

Sale

48

70

Sale

7%

28%

75

87

Sale

50

Sale

75
Sale
Sale
Sale

54%
44'

9
13

Jan.

60

8% Jan.

7%

21%

30
94%

105

27

23
8

19% May 22
10% May 21

9

8%

9

9% May 27
75
May 21

21

19% May 22
10% May 21

78%
7%

6%
6%
5%

8%

May 17
May 15

4

Feb.

26% Feb.
27% Feb.
Jan.
26}

21.
12]

.

May 31
May 28
2

15

17
21% Sale
13
13%
82% Sale

70

48

34% Mar.
34

11% May 15
6
May 10

10% Sale

14%
14%

10

40

15% May
50
May
50
May
9% May
99% May

15% May 22
15% May 22
20
May 28
22% May 18
22
May 27
16
Apr. 19
15% Apr. 15

25

Sale

24

20%

10% May 29

107

9

1968 FA

2
2
11
27

11%

J

D

_

12

19%
99%

J

-

74

Sale

11%
19%
101% 104

1964 MN

28% May
May
25% May
24% May
22
May
24% May
22% May
65
May
80
May
29

5

73

71

MN

64

-

73%

Sale"

71

-

97

24%

O

20%

Sale

22

O

30

25%
24%

Sale

101%
80%
13%
13%

Sale

A

20

22

15% May 22
15% May 22
May 28
23% May 18
22
May 27
16% May
3
16% May 15
61
May 21
69% May 18
20

_

Sale

A

18%
Sale
_

11
13
18% 22%
14%
May 29 16%
99%
98%
z99% May 23 99%
102%
102%
100
99% 100%
98
May 23 100
56
61
Sale
52
60%
May 22 60%

16%
25
100%
100% 103

58

M S

17%

20

13%
13%
67%

---1964

1952

30%

74

1946 a o
AHeidelberg (City) extl s f 7 %s_.1950 j J
Helsingfors (City) ext 6M8
1960 A O
Hungarian Cons Municipal Loan—
ASecured s f g 7 Ms
J
13,000
1945
ASecured s f g 7s
J
Septl946
8,000
AHungarian Land Mtge 7 Ms A—1961 MN
AS 17 Ms series B._
-.1961 MN
"o", 060
1979 F A
31,000 Hungary 7Ms ext at 4M to
1960 MN
6,000 Irish Free State external 5s
1951 J D
775,000 Italy (Kingdom) extl a f 7s
1947 M S
24,000 Italian Cred Consortium 7s B
J
460,000 Italian Public Utility a f g 7a—.1952 J
308,000 Japanese Govt extl a f 6Ms.
1954 F a
Extl sinking fund 5Ms_
..1965 MN
539,000

For footnotes see page 30,

35

Sale

13

57
100

1968

A

c

99

ASink fund 8s series B—. ..1952
Denmark 20-yr external gold 6s_1942
External g 5Ms
1955
External g 4 Ms
1962

AGreek Govt secured 7s

16%

39%

Sale Prices

64% May
3
May
1
61% May
1
9
May 28
64 %

_

35,000 Dominican Republic s f 5Ms
1942
1st ser 5MS °f 1926
6,000
1940
2d series sinking fund 5 Ms
9,000
1940
Customs Adm 5 Ms 2d series..1961
32,000
5 Ms 1st series
34,000
1969
27,000
5Ms 2d series
1969
ADresden (City) extl s f 7s
1945
El Salvador (Rep) 1st s f 8s A_—1948
^Certificates of deposit
33,000
12,000 Estonia (Republic) 7s.
1967
5,000 Finland (Rep of) external 6s
1945
1,000 AFrankfort (City of) s f 6 Ms
1953
51,000 French Republic 7Ms stamped-.194l
7 M s unstamped
---1941
46" 000
External s f 7s stamped
1949
10,000
7s unstamped
1949
German Gov't International—
A3 5-year 5 Ms stamped—-—1965
633,000
112,000
a5Ms unstamped
—1965
A5Msstpd (Canadian holder). 1965
432",666 AGerman Republic 7s stamped. .1949
a7s unstamped
115,000
—1949
German Prov & Communal Bks—
a(Con8 Agric L'n) 6Ms ser A.1958
5,090

13". 666

13%
Sale

A

5,000
-1961
52,000
a6s assented
1961
15,000
AGuaranteed sink fund 6s.__.1962 MN
50,000
15s assented
1962 MN
1,000 AChilean Munic Loan 7s
1960 M S
13,000
a7s assented
-1960 M S
1,000 AChinese Hukuang Ry 5s
1951 J D

235,000
152,000
6,000
5,000
1,000
112,000
112,000

Sale

F

ARy ref extl

Sale

Sale

94% Sale
101% Sale
92% Sale
85% Sale
92% Sale
81% Sale
81% Sale
5%
15%

14%

F

Feb 1961
Jan 1961

a6s assented

Sale

42% May 31
36
May 28
7
May 14

1

Highest

11

13

A

79,000
10,000 AChile Mtge Bank of gu s f 6 %s. 1957 J
71,066
A6%sassented
1957 J
13,000
iGuar s f gold 6%s
.1961

82,660

17

MN

May 29

42

Lowest

Sale Prices

Sale Prices

Ask

14%
14

RANGE SINCE JAN.

Highest

42% Sale
42% Sale
37% Sale
7%
9

Sale

15

9

a6s Apr 1937 coupon

.4 5 k Bid

Sale

MAY

Lowest

May 31

11

32

12%

9
1960
-1960 -a""o f"T3%

a6s Jan 1937 coupon on....

2,000

1

5%

9

6%
7
.8
8

.—J.

20
75

40% Sale

65

42

Sale

32

87% Sale
62% Sale

Sale

77% Sale
61% Sale

May
21% May
7% May
79
May
9
May
10
.May
55
May

14

7% May

15

20% Mar. 16
21 % Apr. 24
16% Feb. 24

Feb.

20

90

Jan.

18

May 27
10
May 22
22% Jan. 19

11

Feb.

15

10

May 22
Apr.
2

79
7

5% May
7
May 27

6

7

6% May
May
May
38% May
43% May
32
May
76
May
57% May
20
71

9
15
22
15
23
27
28
13

6% May
May
May
53% May
54% May
47
,May
89
May
65
May
25

80

9
9

8
9
3
2
3
2

Jan.

6 % May
20

Apr.
May
38% May
43% May
32
May
76
May
57
Apr.
71

17

9
,15
22
15
23
27
28
18

75

10% Mar. 18
9% Mar. 15
9
Apr. 18
9
Apr. 18
9
32% Apr.
72

Jan.
Jan.

78%
54%
91%
65%

9
Mar.
3
Jan.
Apr. 13
8
Apr

92

9

3

JI

'ales

27".
17,

31",
17,
39,

302",

Jan.

foreign

gov't

78-1957

Leipzig (City) external s f g 7s--1947
Lower Austria (Prov) 7ks
1950
Medellin (Colombia) 6ks
1954
Aendoza (Prov) 4s readj
1954
Mexican Irrigation—
A4ks stamped assented
1943
.Mexico (U S) extern 5s 1899 £-1945
lAssenting 5s of 1899
1945
iAssenting 4s of 1904
1954
a Assenting 4s of 1910
1945
*
ATreas 6s of '13 assent
1933
Allan City (Italy) ext loan 6Ks_1952
Ainas Geraes (State of, Brazil)—

A

O

F

D

J

D
D

J

8

10k

15k

10

70 k

75

80

UN

Q

k
Vs

J

n
j
j
j
A O

-----

Vs
ik
Sale

1

k

lk

j

k

lk

52 k

ASec extl
a Sec

extl

s

Montevideo

83",
37,
55,
41,
175,
159,
142,

5,
1,

272,
99,
31,
29,
6,
239,

69,

—1958
1959
—1952

f 6ks
f 6ks

s

Sale

D

f g 5s

s

--1957
1958

1,
11,
188,
86,

1,
66,
119,

38,

25,
17.
281,

6,

8,

35,

68,
131,

86,

197,

A

)slo

M S

MN

(City) 4ks extl sink fund--1955 A O
(Rep) external 5ks--1953 J D
s r 5s ser A
May 15 1963 MINI
AStamped (assented)
--1963 MN

Panama

AExtl

Pernambuco (State of)

1947
1959

7s

ANational loan ext

6s

f 6s

s
-

.

D

458

23,
24,

137,

19,
24,
10,

"5"
77,

21

34 k May
30 k May

1947

10

57 k
52

71
103 k
70

72

-----

.....

10H

.Rio de Janeiro

A

1946

(City of) 8s

A

O

99 M

F

90

M

12M
8%

a8s extl loan of 1921

6

%
5 M

9k
9%

3 M
3 k

6M

14k

6 M
9 Vs
Sale
6
9 Ys
Sale

.8.

7 M

8

10 M

8-k
Sale
6M

3M

12

Sale

98 %

91

78 M

5

5%
5Vs

8
7

6

59 k May

49 H
20

55 k May
25
May

4

May 28
May 10
May 17

1

6k
7

13

13 M

12

66 k
46

9k

8k

Sale
9

"6H "7Vs
5k

Sale

7Vs
5 k
5k
5k

9k
Sale

6 k
5k

May
May
May
May
May
May
May
May
May
May

22
20
18
3
22
22
29
11
24
28

May

68

May 10
3 k May 31
12
-May 1<

15

Sale

73

8 ■'

56H

66
....

105 k May

5 k May 28
7 k May 20
5k May 22
5 k May 22

Ilk
12

13 M
13 M

Sale
Sale

9 k May

54

7

4

13
11 %

10

-

7

7

12 M
—....

7M Sale

1946

a6s extl

1968

sinking fund gold

1967
(City) external s f 6Ms--l952
(Kingdom of) 7s—1959

a7s Municipal loan

AFebruary 1937 coupon

(Xjity)

•9

1966 MN

.Roumania

May

8 k May

9k May
9 k May
9 k May
8k May
5
May
12 k May
4 k May
7 k May
5k May
10 k May
8 k May

6
2
9
2
1
13

2
8

10
24

10
13
1

6
7

14
12k May 14
May
3
13
May
2
99k May
2
78 k May
1
15
.May 11
9k May
1
9 k May
2
13

s

f

J

D

9M
9

O

60

Sale

41

F

A

8

Sale

9

j"j

10

7H

,?M

11
10
Sale
14

9

A

aid

s—-1953

Sale

10

Sale

7% Sale
7%
9k
7%
8M

8M
22

35 k

7k

9

8

12k

64

1|M

-----

May
May
May
k May

28
29
29
7
15
33
May 25
7 k May 28
8 k May 13
5k

6 k

10

May

9 k May
9
May
9 k May

45 k May

8k May 24
8 k May
7

22

"77 u sale

1964 M S

\H
Sale
-----

7k

63

May 21

77 k May

1

(City of)

a8s extl secured

s

a6ms extl secured

1952 MN
1957 MN

f
s

f._

Sale

10 M

7k

Sale

8k

12 M
954

5Vs

-----

4 H

5Vs

18 M

8

14 Vs

8

k May 15
5 k May 28

10 k May 10
8 k May
3

(State of)—
1936
1950
1956
1968

13

1940
7s
.1945
ASinking fund gold 6Ms.Dec 1946
lerbs Croats & Slovenes (Kingdom)—

24

Sale

14

15

*a8s extl loan of 1921
a8s external
—

a7s extl water loan
a6s extl dollar loan.,
ASec 8 f g 7s

8M Sale
7M
8M
7 k Sale

a7s series B sec external
.Silesia (Prov) extl sink fund

11M

1962 MN

11

D

J

1958

5
12

1971

Fokyo City loan of 1912 5s
1952
External s f 5Ms guar
1961
lUruguay (Rep) external s f 8s.-1946
AExternal sinking fund 6s
1960
AExternal sinking fund 6s
1964
3k-4-4k% (S bonds of 1937)
External readjustment—- -1979
3k-4-4k% ($ bonds of 1937)
External conversion
1979
3M-4M-4'"% extl conv-- — -1978
4-4 M-4 Ms external readj
1978
3 Ms external readjustment—1984
Venetian Prov Mtge Bank 7s—1952
Vienna

1952
1958
1958
1961

(City of) 6s
Warsaw (City) external 7s

16
12M

83 M
55 k

1955

s f g 5 Ms
[aiwan Elec Pow 5Ms

(City)

M S
AO

39
56 M

Sale

9 H

9

6

22)^

Sale

Sale

25

Sale

7

Sale

7

6

-----

9 k
9

9k

May 28
May 29

41

27
58

50 k May
26
May
53
May
58 k May

59 H

Sale

52

62 %
62

MN

Sale

Sale

65

65

Ilk May
10 k May

1
6

9 k May 28

65
57

May
May

13
22
23
16
May
1

39 k May 24

53 k May

40

3

37 k May
60
May
58 k May
62
May

53
May
50 k May
53 k May

62

62

MN

43 k

44 H

53 H

Sale

MN

40M

43M

53

J

D

48

Sale

50

F

A

47

48

53

Sale
Sale
Sale

39H

-----

J
45 M
8

15k May 10
3
9
9 k May
2
34 k May
7
10 k May
10 k May

6

56 k
30

Sale

O

15
21
15
21
24

7 k May 18
z7k May 18

51k

59 H
H
37 H Sale

52 k

MN

7
6

48

49 %
49 k

A

May
May
May
May
20 k May
6

41

Sale

65

F A

J

14

14

11M
9M
4 k
4 Vs
14M

MN

"Bo"
.

A

6k

F

A

6

Sale

J

D

59

Sale

AAbitibi Pow & Paper 1st 5s.. 1953 J D
1948 M S
1947 J D

102

(City) extl s f 6s

11
Sale

56

88
Sale

F

a4Ms assented

Sale
TVs Sale
7 k Sale

14

5

7s .1958

10 M
9 k

33 %
14 M

14

1962 MN

a8s secured external

fokohama

5M

11

May

2
1
1
2
1
1
1
1
13
1
7

Sui (State of)—

a7s extl loan of 1926

Paulo

11

A

.1953

6 Ms

Sale

5

11

J

55

14

M S

MN

101

Sale

6

J

s

9k

11M

AExternal loan 7 Ms
1966
.Prague (Greater City) 7 Ha
1952
.Prussia (Free State) ext s f 6ks 1951
ASinking fund gold 6s
1952
Queensland (State of) ext s f 7s. .1941
25-year extl s f 6s
Feb 15 1947
kRhine-Main-Danube deb 7s ser A '50

105 %
75
Sale

May

Mav
9Vs May

Sale
Sale

May
May

34 k May
31
May

May
May
25
May
102
101
May
73
72H May
" 58 M 52 Vs May

50 M
20

30

20

105 k
73

8 k

11

8
7k

lanta Fe extl

Sale

k
6k

D

tome

10

56 M

61

23

15

56 M

9M
9 k

Sale

27

M Sale

8k
9 k

Sale

6

59

55

67

Sale

9k
9k

J

sec

106 k

6k
9k

1961

Alegre (City of) 8s

AExternal

52 k
80

1963

a4^s assented
Porto

17 k
58 k

12 k.

1950

f 8s

34 n
17 M

80

7k
6k

1968

A4ks assented
s

M S

-1940
1958

-

^Stabilization loan 7s__

AExternal

M S

1960 J
1961

a4mb assented

1

43

25 Vs

F

lydney

1,

29 M May
23 M May
23
May

Sale

.Silesian Landowners Assn 6s—1947

118,

43 k May

30 k

27,
18,

62

Mav

Sale

"5"
35,

May
May

29

71

iSaxon State Mtge Inst

44,
81,

37

38

k

2

May 10
8k May 13

38

Sale
Sale

A

May

9

•

40

Sale

D

39

40

27

F

M May 24
5k May 21

34
30

J

May"25

6

Sale

34

1963

27M

k May 15
k May
1

Sale

Sale

sinking fund extl loan

1

1

68

Sale

Municipal Bank ext s f 5s
1970
.Nuremberg (City) external 6S--1952
)riental Development 6s
1953
External deb 5ks
1958

1 k May

36 M

Sale

4s

3
10

70

34 %
31

Ian Paulo

20,

43 M
42 k

May

30 Vs
30 H

Sale

lao

8,

71 M
75

Sale

.Saarbruecken

"ll"

6l"

Sale

6h

2%
Sale

Sale

lio Grande do
147,

Sale

10

80 k" May

Vs May 28
Vs May 15
M May 21

1
1 k

90 k

i4k s assented

5,

91

12 M

"I"

5k
5 k

\M

Sale
2H

64

Sale

May 24

-----

%
%
Vs
IVs
28 M

72

4,

3,

O
A

A

69

7% May 22
May 27

63

69

75

Poland (Rep of) g

21,

A

F

70 k

8

1

Sale
a

15 li
Sale

Norway 20-year ext s f 6s
-.1943
20-year external s f 6s
1944 F A
External sinking fund 4ks—1956 M S
External sinking fund 4}£s---1965 A O

286,
73,

7,
12,

_

k
80 k
79 k

F

External

f g 5s.

s

9M

38

J

%

-----

9

40

Peru (Rep) Sec s f g 7s
ANational loan ext s f 6s

4',
4,

M S

__1959 M N

(City) 7s

a6s series A
few South Wales ext

57,
308,

,

M S

8

63 M

Sale

„

15,
48,

-----

-

37

Sale

8k
TVs

Vs

Sale Prices

Sale Prices
7
May 28

17

15M
11M
80 Vs

1

1M
Vs
1M
lk

Ask
9

14

Highest

Lowest

May 31

Ask Bid

Bid
12 M
12

20

A

J

1

May
Ask

14

MA Y

2,

1940
Bid

(Concluded)

Jugoslavia (State Mtge Bk)

PRICES IN

Price

s*«»

n. Y. stock exchange

Vah

11,

IS

BONDS

Ma

"T

Y. STOCK EXCHANGE-BONDS

N.

1940]

7

8

-----

Sale
60 k
63
k

39k

Sale
53

27

40

5k

-----

5

Sale

43

40 k

42

35

5

40 k
-----

.

—_

-----

56

May
40
May
40 k May
51
May
26 k May
8
May

24
28
24
11
17
14

56
40

8

2

1
1
7
May 23
May
2
May 14

5k
5

Sale

4

May 13
55 k May 18

5 k May
62 k May

1
9

railroad and industrial
companies
109
7
10
40

15

Ulams Express coll tr g 4s
Collateral trust 4s of 1907

22"
23

3
25
304

715
759
55
27
123

477

621"
353
158

685
608

617
64

71

1943
.1943

First cons 4s series B
Ubany Perforated Wrap Pap 6s. 1948
6s with warrants assented
1948
Ubany & Susq 1st guar 3 Ms
1946 A O
Allegheny Corp coll tr conv 5s-.1944 F A
Collateral and convertible 5s-.1949 J D

a5s stamped

-.1950
1998
1942
1950
1951

Ulegh & West 1st g guar 4s
Ulegh Valley gen gu 4s
Ulied Stores Corp deb 4Ms
4Ms debentures
Ulis-Chalmers Mfg conv 4s
1952
kAlpine Montan Steel 7s
1955
Uner & Foreign Power deb 5s—2030

20-year sinking fund 5Ms..-.1943
3Ms debentures..
..1961
3 Ms debentures....
1966
km Type Found s f debs 2 k-5s 1950
Uner water Wks & El 6s ser A. .1975

For footnotes, see page 30.




104 k
104 k

Sale

108 k
50

107

107 M

83

52

58

60

74 M

85
76 M

A

O

68
41

A

O

M S

106

A O
F A

100

96

M S

Sale

79M

59

58 k
31

I06M

ion

Sale

104 k
99

Sale

Sale
Sale

99

Sale

92 k

"93"

107 k
16

Sale

107 k

Sale

64 k
104 k

Sale

"51k

Sale

101k

Sale

100 k May
03
May

31
Sale

O
D

J

MN

?!*

50 k May

Sale

Sale

13 M

j

11 108 k May
May
16 54
15 55 k May
27 82 k May
May 31
May
60 k May 28
May
26 k May 22
45
May

Sale

63 M
103

A

May
3
29 56
29 104 k May 15
24 104 k May 11
24 108 k May 15
May
8
15 60

May
May
May
May

Sale

110M

J

60

May
May
May
May
May

43 k
63 k
105

M S

MN

Sale
52 k
45
62
34
110
109 k 110k
108 k 108 k 105k 108 k 108
Sale
50
50
58 k
54
58 k
52 k
50
58
55 k
80
68 k
66
77
81k
Sale
70
70
81k Sale
73

"43"

M S

American I G Chemical 5Ms... 1949 MN
Uner Internat Corp conv 5Ms.. 1949 J
j
American Telephone & Telegraph—

30
30 k Sale
103
102 k 104
102
99 k 102
101k 102 k 100

53
Sale

108 k
67

1946

4Ms stamped

Adriatic Elec Co external 7s.... 1952
Ua Gt Sou 1st cons 5s ser A

51
104

Sale

104 M

Sale

104 k

109
108 k
108 k

Sale

Sale

Sale
Sale

105 k

Sale
Sale
109 k Sale

105

Sale

108

109

106

104 k May
99 k May

May
101k May
99 k May
9
109
May 10

93

May
106 k May

31

31

107 k
109 k

105 M 106
107 k 108 M

Sale

55

90

93 k

106"jiMay
104
105 k Sale
May
103 k May
104 k Sale
100
101k 101k May
96
May
97 k
99 k

106"si

Sale

65 k May
104 k May

105

28
22
28
27
22

May

107»8jMay
110k May
110
May
105
May
109
May

6
6
1

f

22

BONDS

i?i

N. Y. STOCK EXCHANGE

SO*

Sales in

May
Value

N. Y. STOCK

,

Bid

248,000 Anaconda Cop Min s f deb 4 %s_ 1950 A O
Anglo-Chilean Nitrate—
234,000
ASinking fund income deb
1967 Jan
45,000 JAnn Arbor 1st g 4s
July 1995 Q J
12,000 Ark & Memp Bdge & Term 1st 5s '64 M S
524,000 Armour & Co 4s 8 f ser B (Del)
1955 F A
250,000
1st M s f 4s ser C (Del).
1957 J J
Atchinson Topeka & Santa Fe—
680,000
Gen g 4s
1995 A O
43,000
Adjustment g 4s
July] 1995 Nov
73,000
Stamped 4s
July 1 1995 MN
Conv g 4s of 1909
8,000
1955 J D
Conv g 4s of 1905
40,000
1955 J D
Conv g 4s of 1910
48,000
1960 J D
Conv deb gold 4%s_315,000
1948 J D
68,000
Rocky Mtn div 1st 4s A
1965 J J
J
Trans-Cont Short Line 1st 4s gl958 J
13,000
Cal-Ariz 1st & ref 4%s ser A-.1962 M S
99,000
Atl Knox & No 1st g 5s
1946 J D
~3~66o Atl & Char Air Line 1st 4 %s A. 1944 J J
1st 30-year 5s ser B
53,000
1944 J J
July 1952 M S
54,000 Atl Coast L 1st cons 4s
General unified 4 %s series A_ 1964 J D
42,000
27,000
10-year coll trust 5s—May 1 1945 MN
L & N collat gold 4s___-Oct., 1952 MN
56,000
J
1948 J
29,000 Atlantic & Danville 1st g 4s
J
Second 4s
1948 J
21,000
J
78,000 Atl Gulf & WISS Line coll tr 5s. 1959 J
1953 M S
117,000 Atlantic Refining deb 3s
J
3,000 1* a Auburn Auto conv deb 4 Ms. 1939 J
J
17,000 Austin & N W 1st g 5s guar—;_1941 J
Baltimore & Ohio RR—
1st mtge gold 4s
298,000
July 1948 A O
Stamped modified bonds—
1st mtge g (interest at 4% to
Oct 1 1946) due
July 1948 A O
6,000
Ref & gen ser A (interest at 1 %
to Dec 1 1946) due
1995 J D
698,000
Ref & gen ser C (interest at
11-5% to Dec. 1 46) due. 1995 J D
427,000
Ref & gen ser D (interest at 1 %
to Sept 1 1946) due.
2000 M S
405,000
Ref & gen ser F (interest at 1 %
to Sept 1 1946) due
1996 M S
367,000
AConvertible due
Feb 1 1960 FA
1,781,000
Pgh L E & West Va System—
Ref g 4s extended to
1951 MN
52,000
S'western Div 1st M (interest at
J
3 % % to Jan 1 1947) due. 1950
99,000
J
Toledo Cin Div ref 4s A
1959
29,000
J
22,000 Bangor & Aroostook RR 1st g 5s 1943
J
Con ref mtge gold 4s
37,000
-1951
J
4s stamped
1951
46,000
D
Battle Creek & Sturgis gu 3s
1989
Beech Creek Exten 1st g 3%s—1951 A O
J
Bell Telephone of Pa 1st 5s B —1948 J
144,000
First & ref 5s series C
-I960 A O
91,000
J
Belvidere Del cons gtd g 3 %s—1943 J
"I"66o ABerlin City Electric deb 6%s_.1951 J D
ADeb sinking fund 6%s
1959 F A
3,000
ADebentures 6s
1955 A O
,000
Berlin Elec Elev & Undgrd Rys—
Alst 6%s.
1956 A O
1,8^,066 Bethlehem Steel 3 %s conv deb. .1952 A O
J
Cons mtge 3 Ms ser F
1959 J
275,000
Big Sandy Ry 1st mtge 4s
1944 J D
1950 F A
5~6OO Blaw Knox Co 3 Ms
_

_

_

_ _

_

May

Ask

106 %

34 M
49 %

Sale

100%
99 M

37 M
Sale
98 M
Sale
Sale

106

Sale

95

85M
85%

Sale"
97 M

~92%

Sale

M S
MN

-

48~666

g

_.

AGeneral 4s.

25,000
Central N Y Power 3Ms—
137,000

For footnotes see page




30.

1987

--1962

Sale
Sale

76%

Sale

79

87
88 M
97 M
Sale

109M
108 %

F

A

97

87"

95

Sale

55

Sale

55

39%

64 M
37 M

Sale

28M

Sale

28

32

Sale

31M

32
Sale

25

Sale

25

63 X

70
Sale

62 M

65
71M
105M 106
43
80

70

ily*

98

75
106 M
68

99 M

74 X

Sale

60M

104 M

63

87 M

90

Sale

68 M

Sale

58 M

Sale

100M 101
70

"35"

Sale

IVA
45

Il5M

84 %
Sale

133

Sale

102
13

13%

"29"
22

13

Jan.

May
May
May
May
May
May
May
May
May
May
May
May

May
9
10 97
22 99% May 13
1
24 70% May
54
May
3
31
6
22 73% May
29 65% May 10
May
9
24 38
3
21
31% May
May
1
22 75
1
14 106% May
68
May 11
17
May
7
22 90

May
May
May
104% May

93% Mar. 12
97% Apr.
8
96
Apr. 25
105% Apr.
4
5
100% Feb.
110% Feb. 21
6
109% May
114

91% Jan.
95

Jan.

100
99

108

92

Jan.

Mar.

Jan.

25

97
May
9
99% Apr. 25

93% Mar.
64% May

77

Jan.

41

62

Jan.

76

Jan.

4

70

Feb.

20

41

Feb.

7

Feb.

9

May
61% May
55
May
28
May
25
May
62% May
102% May
43% Jan.
82

4

3

75% Apr. 30
107% Jan. 24
Apr. 27
90
May • 7

Jan.

56% May 22

69% May

4

56% May 22

May 22

69 % May

70% Jan.

3

60

6

55

Sale

15% May 21

27

May

1

15% May 21

28

Sale

20 M

Sale

18

May 21

30

May

1

IS

May 21

31% Apr.

4

15% May 21

26% May

1

15% May 21

27% Apr.

4

15% May 21
7% May 21

26% May
12 % May

1
1

15% May 21
7% May 21

28

Sale

Apr.
15% Apr.

4
4

44

45% May 22

57

May

6

45% May 22

59% Apr.

1

32% May 22
47% May 15
91% May 31
54
May 29
55
May 21

45

May

55

17 M

Sale

16%

Sale
Sale

16 M
9

Sale

35

Sale

91 %

Sale

Sale
Sale

52 M
94 M

Sale

63 M
64

35

95
Sale

M

50

52

58

Sale

55

66

40

35

84

116"
134

53% May
95
May
65
May
65% May

40

75

Sale

Sale

112%
134% 129
106
8M
8M

105M
14M
14 M
14 M

8M

Sale

112% May 31 116% May
128
May 13 134% May

May
6
11% May 11
x6
May
7

16

14%
15

16
12

16

May
6
May 11
May
7

15

Sale

107 M

Sale

105 X

Sale

Sale

106

Sale

100M

Sale

109

110M

109

14 M

103% May 15 108% May 10
100
May 21 106% May
7

105

99
44 M

45%

"99 M

Sale

55

Sale

-47"

Sale

Sale

45%

Sale

Sale

51M
54 %
51M

Sale

48

Sale

Sale

Sale

Sale

55

Sale

45 M
49

Sale

51M
10M
79M

Sale

45 M

Sale

"16"

12

May
May
36% May
43
May
37% May
43
May
37% May
8% May

91

Sale

May
May
May
83% May

May
55% May
52
May
55
May
51% May
10% May 13
May
8
7
110% May
103% May 24
92% May
9

42% May
56
May
May
86 M Sale
83% May
108% Sale
108% May
115
111
111
May
89
84
83 M
May
Sale
104
102
May
110
111M 109% May
107 M Sale
107% May

8
48% May
56
May
6
May 17
91% May 10
6
113% May
115
May
1
2
98% May
107 % May
3
111% May 10
109
May
3

Sale
Sale

Sale

89

Sale

90
Sale
Sale
Sale
Sale
Sale
108M

9

6M
69 %
42

53 M
Saler*

Sale

85
Sale
Sale

97 X

49
56
102M 107
90% Sale
113
115

98

Sale
Sale
Sale

106 Vs

Sale
110% Sale
108 M 109

2M
2M
67
45 M
60
104

i\78M
96 M
100 M
100 M
100 M
98 M

Sale

5M
4%

86 M

Sale

45M

28 M

Sale

3

5

3

5

72

50

Sale

33

66.X
45

47 M
104 M 100 M
66 M
79 M

Sale

73 M
79

Sale

77 M
77 M

Sale

Sale

Sale

74

Sale

Sale

97 %
Sale
Sale

Sale
Sale

Sale

80%

97

Sale

M S

103

Sale

97

Sale

73 M
74

Sale

J

J

113M

Sale

108

Sale

95 M

Sale

J

J

Sale

40M

Sale

Sale

55

Sale

90 M
59

Sale

80 M
107 M

Sale
Sale

Sale

62 M
82 M

Sale

58%
91X

79 M

80 %

102 M
79

W*
26

71M

73 M

74 M

51

Sale

60

44

46

20

45

108M 109
92
95M

"88"
8M
30M
7

3M
3M
5%
4M

108 M

104

Sale

100

90

95

97

Sale

45

44

Sale

80

10%

88 M
17 M

33 M
76

Sale

8M

75
14

33

26 M

Sale

Sale
Sale
Sale

1*

9

6M*

4 %
94

100

70

M S
A

110

Sale

109

40%
18M

Sale

16

Sale

Sale
Sale

Sale

2M
8%
Sale

17

15%
107 M

2

51%
Sale

6
Sale

1%
4%
2M

2

"45"

May
Mr.y
May
May

4

May 22

1% May
May
7
May
4
May
93
May

28

8%
7
90

2

6% May
2% May
2% May 17
8
May 16
1
4% May
4
94
May

18
17
10

May 22

69% "Mar. 12

32% May 22 48%
47% May 25 58
91% May 31 101
54
May 29 70
55
72
May 21
37
45
Apr. 19
72% Mar. 6 72%
112% May 31 117%
128
May 13 135

15

Jan.

15% Feb.
103% May
100
May
109% Feb.
97
May
41% Jan.
36% May
41% Jan.
37% May

Apr.

4

Mar. 13
Jan.

2

Jan.

16

Jan.

2

Jan.

13

Feb.

7

Mar.

6

Feb.

9

Apr.

15

17

16

Apr.
5
16% Apr.
5
16% Mar. 25

10

15% Apr.

15% Jan. 17
11% May 11

15 112

Apr.

29
9

21

106% May
7
23 109% Feb. 23
13
mi Apr. 27
15
Apr. 30
21
52% Apr. 30
16
57
Apr. 30
21
52% Apr. 30
40 % Jan. 15
56% Apr. 30
52% Apr. .30
37% May 22
12% Apr.
3
8% May 15
3
62
Jan,
8
80% May
105
May 21 110% Apr. 27
83% Jan. 30 103 % May 24
Jan. 30
82
8
92% Apr.
38

Jan.

44%

Feb.

88% Jan.

2
14

48% Apr.
56
May
May

15 107

8
6
17

Feb. 14
83% May 22 92
3
108% May 31 113% Jan.
111
May 22 115% Apr. 20
8
84
98% Apr.
May 21
3
102
May 18 107% Apr.
2
109% Feb. 23 112% Jan.
3
May
107% May 31 109

25% May 21
3
May 21
2% May 18

40% Apr. 30
7

Jan.

31

6% Jan. 12
8
69% Apr.
47
Apr. 23
May 23
Apr.
8
May 28 61
8
May 24 106% May
Jan.
3
85
May 23
May 31 103% Jan.
May 31 106% Jan.
May 31 107% Jan.
Jan.
May 27 107
May 31 105% Jan.
May 31 103% Jan.
Jan.
May 31 103
May 31 113% Jan.
69% Apr.
May 28
8
89% Apr.
May 27
May 28 108% .Jan. 11
May 29 84% Mar. 20
Apr.
6
May 28 79
May 14
Apr. 15 45
May 24 109% Jan. 23
Jan. 29 100% Apr. 11
1
5
45% Apr.
May
90% Jan. 11
May 28
3
19% Apr.
Jan., 10
9
2
30% Jan.
Apr.
5
7% Jan.
May 22
Jan.
2
28
3%
May
4
8
3% Jan.
May
Feb. 16
8
Jan. 11
Mar. 29

33
47
100
66

73%
79

77%
83%
74

73%
74
95

31

58%
90%
54
48
104

94%
44

75

8%
26%

75

95
75

107 M 108
111%

51X

22

1
40% May
4% May 13
4
May
8
68% May 13
45% May
60
May
106% May
80% May
96% May
100% May
100% May
100% May
98% May
97
May
97
May
108
May
62% May
82% May
102% May
79
May
74% May
45
May 14
109% May
100
4
May
9
45% May
89
May
17% May
1

63

6M "6 x "~5M

100

109M

Sale

99 M

76 M
108

93

Sale

107

25% May
3
May
2% May
67
May
33
May
47
May
100
May
66
May
73% May
79
May
77% May
83% May
74
May
73% May
74
May
95
May
31
May
58% May
90% May
54
May
48
May
45
May
104
May

44

55

52

105

Sale

61

May
55%""

56 Vs

105M
103 M

Sale

97

48

52 %

103

May 13

97

43

9X
6M
77
75 X
73
79M
105 M Sale
105
111
110
102
105 M 106
102 % Sale

40 M

5M
4M

107 M

O

6

56 M

13M
107 M
100M

107 M

J

20

17 M

55 M

51M
103M
83 M
103 M
106M

M S

9

Feb.

Apr.

89

Sale

44

62

M 5

107% May

Sale

26 M

40 M

J

102M
86

90

26 M
12 M

MN

J

41

50

86

3

30

108

J

93%
64 M
61M

71

86

26

Jan.

99% May
3
28 104% Apr. 18
28 104% Apr. 29

101% May
85% Apr.
76% May
92

Apr.

50

9

69

D

M S

9
107% May
87
May
9
May
2
87
z92% May 24
1
97% May
95% May 14
3
104% May
3
100% May
9
110% May
6
109% May

41

28
22

27

J

O

Sale"

64 M
Sale

A

A

104 M

"97~"

Sale

75
62

F

MN

Sale

99M 100M
108 M

10?"

May
May
97% Apr.
95% May
95
May

32

99

95

Sale Prices
Sale Prices
102
May 25 107 % Feb. 23
28

40

May 28
May 22
May 17

101M May 21
86
May
2
76M May 29
92 M May 24
92 M May 20
95 M May 14
100
May 22
99
May 21
108
May 24
104 Vs May 28

Sale

86 %
113M
112M
95 M
105M
112M

MN

93

96 M

166"

7

1

Highest

114

97 M

"

91

96
Sale

100%

47 M
55 X

1945 M2V
1959 AO
1959 A O
1951 J D

-

99

95 M

101X

41

84

A

65,000
48,000
AChat Div. pur money g 4s
11,000
AMobile Div 1st g 5s
1946
11,000
Central Foundry 1st mtge 6s.-.1941
4,000
General mtge5s-_
-.1941
"5", 000 Cent Hudson G & E 1st & ref 3 M '65
Central Illinois Light 3Ms...-.1966
11,000
1 ACentral New Eng 1st guar 4s
1961
109,000
1987
93,000 ^Central of N J gen g 5s

97 M

98

65M

109 M
85 M

D

—

95 M

Sale

May 25 103% May

Lowest

May
44% May
99% May
May
95 M May 28 104
May
95
May 28 104
28

32

Sale

Sale

MN

.1948 J

*AConsol gold 5s
ARef & gen 5Ms series B
ARef & gen 5s series C_:

87

Sale Price

Sale

Sale

61

8%

5s_.Nov 1945 F

ACent Br Un Pac 1st g 4s

106 M
85 M

99

76

43 %

Carriers & Gen Corp deb 5s w w_1950 MN
Carthage & Adir 1st gu g 4s
1981 J D
Celotex Corp deb 4Ms w w
1947 F A

jACent of Ga Ry 1st

Sale

Sale
Sale

104

Sale Prices

102

70 M
53 M
72 M

95M

O

-

41,000
10,000
52,000
3,000

96

104

Highest

93 %
Sale

A

—.

1952
5,000 Bush Terminal Co 1st 4s
Consolidated 5s
1955
71,000
1960
58,000 Bush TermBldgs 1st 5s gu
-.1966
301,000 Calif-Oregon Power 4s_
1962
38,000 Canada Sou con gu 5s ser A
1957
319,000 Canadian Nat gold 4 Ms
Gutranteed gold 5s
.July 1969
432,000
Guaranteed g 5s
..Oct 1969
360,000
Guaranteed g 5s
—1970
57,000
Guar gold 4Ms
-June 15 1955
224,000
Guaranteed gold 4Ms1956
294,000
Guaranteed gold 4 Ms
1951
399,000
410,000 Canadian Northern guar 6 Ms—1946
636,000 Canadian Pac 4% deb stock
Collateral trust gold 4%s
1946
100,000
5s equip trust ctfs
-1944
149,000
Collateral trust g 5s
1954
126,000
Collateral trust 4 Ms
1960
184,000
2,000 t ACarolina Central 1st gu g 4s__1949
1952
63,000 Caro Clinch & Ohio 6s ser A

100

Sale

F

1947 MN
1950 J D

1st lien & ref 6s series A
96,000
Debentures gold 5s
167,000
1st lien & ref. 5s series B
1957
114,000
1981
57,000 Buffalo Gen Elec 4 Ms ser B
7.000 Buffalo Niagara Elec 3 Ms ser C.1967
JBuffalo Rochester & Pittsb'gh RyStamped modified (interest at 3 %
,to Nov 1 1946) due
1957
246,000
31,000 *tABurl Ced Rap & Nor 1st 5s__1934
ACertificates of deposit
27,000

98

109 M

A

MN

35M

99%

95 M

»

"

41%
39

28

45

104 M

95%
99 M

Sale

41M

Sale

92

102 M

98%

Sale

99

Ask

Ask Bid

Sale

42

100M

107% 108M

Lowest

May 31

1

38M

100

_

1,043,000 Boston & Maine 1st 5s ser AC-.1967
Stamped
822,000
1st mortgage 5s series II
1955
334,000
Stamped
307,000
1st g 4 Ms series J J
1961
231,000
Stamped
214,000
9,000 t ABoston & NY Air Line 1st gu 4s '55
22,000 Brooklyn City RR 1st 5s ctfs—1941
105,000 Bklyn Edison cons mtge 3 Ms—1966
125,000 Bklyn Manhattan Transit 4 Ms. 1966
Certificates of deposit.
1,125,000
Brooklyn Queens Co & Suburban RR
1st con gtd 5s stpd ctfs__. —1941
46,000
1st 5s stamped ctfs..
—1941
2,000
1950
4,000 Brooklyn Union El 1st 5s
Certificates of deposit
94,000
Brooklyn Union Gas Co 1st g 5s 1945
131,000

Bid

102%

102M

95

RANGE SINCE JAN.

PRICES IN MAY

Price
Jan. 2,
1940

ss <»

_

EXCHANGE—BONDS

4

1%
2

6%
93

May 17
May 10

73

Feb.

4

4% May
1
95% Jan. 13
77

Feb.

2

108% 106

106

May 21 109

Jan.

5

109

110

110

Jan.

37
13

39

107

Sale

Sale

10M

Sale

Sale

105 M

Sale

May 21 107% May
4
110
May 28 111% May 16
52
37
May 28
May
8
12
May 24
17 % May
6
10% May 31
15% May
1
105% May 14 108
May
8

23

2 111%

May 16
Apr. 13

54
May 28
May 24 20% Jan.
Jan.
18
10% May 31
Jan.
105% May 14 110

37
12

4

3
5

Sales in

n. y. stock

Ask

Bid

2,000
142,000

17,000
53,000

Guaranteed 5s

Chesapeake & Ohio Ry—
General gold 4%s
— __._1992 M S
Ref & impt mtge 3%s ser D..1996 MN
Ref & impt mtge 3 Ms ser E--1996 f A

impt M 3 Ms ser

1963 j D

F

1940 J

Vafley

1st mtge g 5s
Potts Creek Br 1st 4s
1,000
R & A Div 1st con g 4s
2d con gold 4s
Warm Springs Valley 1st g
240,000 iChic & Alt RR ref g 3s—
179,000 Chic Burl & Q 111 Div 3 Ms
Craig

j

1946 J
1989 j

124

J

5s.l941 M S
1949 a O

36,000
Alst & general 5s series A-.--1966
48,000
Alst & gen 6s series B...May 1966
11,000 Chic Indiana & Sou 50-yr 4s...1956

*Al5-year
Alst

3Ms ---198/
*^87

secured 6Ms.------1936

168,000
100.000
614.000

& ref

g

101,000

243,000

5,000

*ASec

1934

1952

A

gold 4 Ms series

Income guar

17,000

Chicago Union

Dec 1 I960

5s__

1944

—

1st mtge 3 Ms series E
1963
3Ms guaranteed------------1951
232,000 Chicago & Western Indiana 4s.-1952
1st & ref mtge 4 Ms ser D
1962
121.000
1943
86,000 Childs Co deb 5s_

90.000

—

13,000 tAChoc Okl & Gulf

consol 5s--1952
3 Ms. 1966

117,000 Cine Gas & Elec 1st mtge

-1967

Hist mtge 3Ms
Cin Leb & N 1st con gu g

Cincinnati

4s
Union Terminal

1942

3 Ms series D —-1971
1st mtge guar 3Ms ser E------1969
Clearfield & Mahon 1st gtd g 5s-1943
1993
28",000 C C C & St L gen g 4s
General 5s slries B—1993
5,000
27,000
40,000

118

117

77,000

155,000
94,000
7,000

32,000

109

103 %

20.000

1,000
54,000
196,000
1,234,000
1,000

1,000
5,000

89,000
113.000

307,000
150,000
142,000

106 M May
104 M May

15
4

May
May
May
May

125% May

7

118

100

3
7
8

94

89 %

Sale

85

118M

83

82

81

79
117

Sale

119M 122
Sale

15

19

Sale

18%

Sale

15

83

88
Sale

96

11M

17 M

12

14 M

16 M

24

6% ~"7M

8

Sale

21M
24 M
24%

23

26

97

93

May

114

9

7M

O

2

5

13

M N

14%
13%
18%
14M
15M Sale
16

Sale

Sale

19M
4M
1M

16M
17 M

16M

11M
10

15
13

8M

14

12 M

16

17 %

"18M

Sale

9%

10 H

Sale

Sale

10 M

Sale

10M
2 H

Sale

D

9M

Sale

3%

Sale

A

45 M

54 %

J

13%
11M
5M

14%

16 M

17 M

15

44

16m

6%

7M

6

6

Sale
Sale

5%

2M

Sale

6M
6 M
1M

May
6
May
5% May
1 % May

D

70

80

74

80

D

60

67

60

67

70
67

J

D

55

D

43""

56""

51

52

50

21
23
21
13

48

J

54 H
62

1st mtge guar

106 M 106 M
107 M Sale
101M 105 M

J
M
J

90

Sale

M

8JVs

Sale

A

49 M
12 M

Sale

MN

M

60

45

50

52 M

35

58

48

102% 104
108M 109 m 104% Sale
104

40

106

Sale

94

M

Sale

88%

94 m
56 m

Sale

%r/s
38

13 m

Sale

102

Sale

103

109 n

105%

iiom
103 M

MN

108 %
108 M

Sale

108 H Sale

109

110M 111M

105% 106% 105% May
108% 108
May

60

75

65 M

65 m

85

76 X

Ref &

O 105 %
Ms
1942
J 106% 108
Ms
1942
3 Ms
1948 MN
Series D gu 3 Ms—
19o0 F A
A 102 M
General 4Ms series A—_—,--1977
J 104 M
Gen & ref mtge 4 Ms series B-1981
O
Clev Short Line 1st gu 4Ms----1961
84 M
80
O
Clev Union Term 1st gu 5Ms A-1972
Sale
O
1st s f g 5s series B guar
1973
81H Sale
O
1st 8 f 4Ms series C
1977
74 M
73 M
D 105
Coal Riv Ry 1st gu 4s.—- — 1945
A 105
Colo Fuel & Iron Co gen s f 5s.-1943
H

"65""
52

58

79

65

75

47 M

38% Sale
48%

Sale

Sale

64 M

66 m

107 H
108

70
33 M
104 M

Sale

Sale

76

"50""

Sale

Sale

-----

AConsol

Sale
106M Sale
106 M Sale
106M Sale
108 M Sale

Hydro-Elec Wks of Upper

Wuerttemberg 1st 7s
1,000
401,000 Consolidated Oil conv deb
H Called bonds
2,000

1956

j

3M8-1951

j

109 M

11

105 M

Sale

----




107%
105%
108%

14

8
1
8
4
4
4
8

3

9
30
30

1
3

Feb.

26

18

20% Apr.
11% Apr.
11% Apr.
11% Apr.

8
3

22

28
21

4

3

21

4

Jan.

3

49

Jan.

27

4

67

Jan.

19% Apr.
18
Apr.
8% Apr.
7% Apr.
8% Apr.
7% Apr.
2% Jan.
80% Apr.

4

3
4
4

1

3
2

18

Jan.

4

51 % Apr.

12

63% Feb. 26
3
54
Apr.

17 107% Mar. 11
22 109% Apr.
31 106% Feb.
24

4
23

3
95% Mar. 9
59
Apr.
6
27
13% Apr. 27
25 110% May
4
5 111% Apr.
4
95% May

31

22

17%
19
18%
64

108% Sale
109% Sale
111
Sale
108% 109
109% Sale

110% Feb.
m« May

5

Feb.

Feb.

2

May

Jan.

75

Mar.

May

66%
79%
54%
51%

6
24
3
4

67

Jan.

Jan.
Jan.
Jan.

46

Jan.

57

May
Mar.

100% Jan.

Mar.

100

2

4
29

Mar. 26

110% Jan.
108% Jan.

4

108% May

8

107% May
108% Jan.

105% May 15 105% May

1

8
105% May 15 106% Jan.
109% Feb. 24 109% Feb. 24

107 % May 23

75%
67%

75
Sale

66

Sale

64

72

62
56%
Vile
109% 106%
103% 104% 104%
102
66

Sale
24

100% Sale
105%
100

97%

Sale

20 %

99%
99

97 %
114

112

107

65

110%
107% 106

103" Sale
10%
10%
10%
57%
105

19
12
17%

61%
Sale

76% May
85% May
76
May
3
69
May
6
108
May 15
105
May
2
75% May 10
28% May
105% May
105
May
4
3
105% May
114
May 17
110% May
108% May

May
May
May
May
May
May
May
May
May
May
May
May
May
May

107% Sale 106% May
109% May
111% Sale
88% 88% May
108""
115% May
108% May
108%
107
May
109% 107% 109
Sale
103% May
104% Sale
Sale
104% May
105% Sale
Sale
103
May
Sale
104
105% May
108% 106% Sale

106% Sale
17%
17%
17%
60%

3
5
13

29

106%

65""

14

11
17
1954 j
25,000 X AConsolidated Ry deb 4s
ADebentures 4s_.J&J 1955 j
11
5,000
ADebenture 4s
1956 j
11
17
1960
99.606 Consolidation Coal s f 5s.
58M
61M
Consumers Power Co—
1st lien & unif mtge 3Ms
1965 MN 108 H
53,000
1st mtge 3 Ms—
1967 M N 108 % 109 M
26,000
1st mtge 3 Ms
1970 MlN 109M
191,000
1st mtge 3 Ms
1966 M N 106 Vs Sale
132,000
1st mtge 3 Ms
1969 M N
133,000

For footnotes, see page 30.

106

3
6
15

100

-

79

Sale
105% Sale
Apr 15 1952 A O 104 M
104
Sale
Jan 15 1961 J J 103 H Sale' 105% Sale
Columbia & Hock Val 1st ext g 4s *48 a o 110
114
Columbus & Toledo 1st ext 4s—1955 F A 111M
110%
Columbus Ry Pow & Lt 4s
1965 MN 109
109 M 108
Sale
Commonwealth Edison Co—
1st mtge 3Ms series 1
1968 j
109M Sale
110% 111%
Conv deb 3 Ms—- - - - - 1958 j
128 M Sale
129% Sale
Conn & Passum Rivs 1st g 4s—.1943 a
80
92
88% Sale
Conn Ry & Lt 1st g 4 Ms
1951 j
108 H
109% 110
p

3

37

May
76% May
50
May
50
May
66% May

May
76% May
37
May
46% May
57
May

99%
107% 109
105%
105%

85% Sale
75% Sale
68
Sale
108%
104% 106
73
Sale
28
Sale

118%
109%

5

16
16

16

99

107 %

Debenture 5s

109

8
4

26

100

57

Sale

Debenture 5s

j

2
8

52

66

52

109

102%
104%

4

105% May
108
May

1

2

100

100 m
99 M

105 H
105 M

j

16

75

108% May
111% May

90

Sale

50

Series A gu 4

a
a

15

103

80

64 M

a

117% Feb.
110
Apr.

Jan.
Jan.

May
May
101% May
88
May
87% May
36 % May
12% Feb.
105% May
109% Feb.

110%

Stamped guar 4Ms.------—1951
Conn River Power s f 3 Ms A—1961
Consol Edison (N Y) deb 3Ms.-1946
3Ms debentures
1948
3Ms debentures
1956
3Ms debentures_-__--------1958

2

15

104

103%
109%
106%
95%

May
101% May
Sale
88
May
Sale
87% May
39
36% May
13
11%
May
Sale
105% May

109 M
103 M

A

3

Feb.

109

103

May
May
May
May
95
May
56% May
13% May
110% May

May

104

Sale

13 M
108 % 109 M

F

5

3
7

100

47% Feb. 13
48
May 17
40
May 22

59% May
50% May

May 17
May 22

D
MN

A

125% Feb.
May
100
May
107% Jan.
101% Jan.

May
May
May
May

67

J

F

9

36% May 24
9% May 22
11
May 20
4
May 21
3% May 23
4% May 21
3% May 23
1
May 21
75
Jan. 24

May
16% May
15% May
7% May
6% May
7 % May
6% May
1% May
75
May

21
23

May
May
3 % May
4% May
3 % May
1
May
75 : May

% Sale

J

S

18
4

82% May

12% May
6
May
6
May
5% May
1% May

May
May
May
May
May

47

20

4

5

1

21
21

11

5%

4

18%
10%
10%
10%
2%

28
22

36% May 24
9% May 22

Sale

4%

Sale

6

Sale

4

6M

21

12% May 18

Sale
17

5

J

a

62% Jan.

13% Jan.

Sale

10%
8%

Sale

Sale

7 M
Sale

6M

41

22
21
15
2

M

7 M
6M
6M Sale
6M
6M
1M
1M

Sale

40

5

19

8

'24

May
May
10
May
12
May
17
May
10% May

12

11

12 M

13 M

MN

1

10

12

17M

16 M

J

Sale

20 M

D
D

Sale

•17 M

"16M

M S
J

Sale

10

Sale

15

9M
9M

29 M

17

M

Sale

16 M

18
Sale

19

Sale

il%

13 M

Sale

16M

May 21
May
2
8% May
62
May
27
May
26
May
27% May
27% May
27% May
6% May
1% May
16% May
17
May
16% May
17
May
16% May
15

May 21
3% May 21
3H May 21
55
May 15
15% May 21
16% May 22
18
May 22
17.
May 23
15% May 21
4
May 23,

61M

6M

Sale

M N

M

3

16% Jan.
7% May 21
98
May
90% May 31
95
May 29 102% Jan.
Apr.
83
May 22 93
72% May 28 84% May.
Jan.
75
May 24 90
7 120% May
Mar.
118
19% Jan.
10% May 23
10
19% Jan.
May 21
Jan.
19 100
May
86
19% May 21 30% Apr.
Mar.
12% May 21 21
20
Apr.
12% Jan. 15
18% Apr.
12% Jan. 11
10% Mar.
3% May 21
10% Mar.
3% May 21
62
May
55
May 15
15% May 21 28% Apr.
16% May 22 27% Apr.
18
May 22 29% Apr.
17
May 23 29%' Apr.
15% May 21 30% Apr.
4
7% Mar.
May 23
1
2% Jan.
May 24
18
10
May 22
Apr.
21
10
18% Mar.
May
12
May 15 18% Mar.
2
18% Apr.
13% Feb.
19% Apr.
10% May 21

8*

May
May
May

15

4M

4

"18M

26 M
26 M

27

19 M
12 M

14

3M

28 M

26 M

26 M
25 %
27 M
Sale

MN

103

15

10

Sale

26

12 M

10 M May
10
May

11

M
8M
8M

17

15 M
8

12

Sale

10

27

MS

94

106

64

O

May
May
May

14% May
98
May
101% May
91% May
84% May
89% May
120% May
May
May
100
May
30% May
15
May 14

7 M

21M Sale
19
11M

20 Ji
20

J

A

106

9 117

May

93

16M
Sale

26

A

117

Sale

11M

98

29 M
16 M

61H

J

103

100

4

Jan.

112i3» Jan.

101 % Jan.
109
Feb.

»VA

Sale

91

Sale

J

A.

Sale

29
21
21
15

May
Sale
90 M May
95
95 M
95
May
85 M Sale
83
May
68
72 M May
73
79
75
May
120
117
118
May

Sale

25

J

94
94

Apr.

54

21
21
18
21

104% May 22 106% Feb. 21
102
May 21 104% Mar. 14

May 22
May 21

100

67

a5s income mtge--.---1970 A O
48,000
152,000 Colorado & Southern 4 Ms ser A-1980 AfN
444.000 Columbia Gas & Elec deb 5s May 1952 MN

96,000
509,000

-

5

66

103

58 M
23 M

J
J

118

94 M

111M 118

Series C gu

18,000

32% May
55
May
109
May
65
May

109

Series B gu 3

3,000

May
6
21 48
60
May
2
21
18 109253jMay 13
82
May
9
21

100

Sale

J

Sale
Sale

94

100

53
Sale
impt 4 Ms series E
1977
Cin W & M Div 1st g 4s—-1991
47
51M
St Louis Div 1st coll trust g 4s-1990 M N
66
Sale
10,000
Spring & Col Div 1st g 4s
1940 m S
W W Val Div 1st g 4s
1940 j J "05% 166""
J 109M Sale
80,000 Cleve Elec Ilium 1st M 3%s-..-1965
O 107 H
Clev & Pitts gen gu 4Ms ser B —1942

248,000
7,000

65

May
May
May
May

73% Jan.

58% May 31
61
Mar.
6

9

May

Station—

Guaranteed 4s

3,000
159,000

118M

109

Sale

99M
99M 94
104 %
105% 106

97 M
101M

ACertificates of

*

28.000

123 H 125
99 Vs Sale

Sale

----

deposit
AConvertible gold 4 Ms
1960
Chic 8L&NO gold 5s
— -1951
Gold 3Ms
—--June 15 1951
Memphis Div 1st 4s. — -- —1951
Chic T H & S'east 1st & ref 5s.-I960
.

125

Sale

«

♦ARefunding gold 4s—
ACertificates of deposit

104 M 107
104 M
102
104 M 102

95 %

55,000
193,000 } AChic R I & Pacific gen g 4s—1988 j
ACertificates of deposit
6,000

324,000
302,000
126,000

106 M 107
104
104 M

100 M
89

m S
j j
j j
j j
MN
j
j

5s
-;r™a onil
Alst & ref 4 Ms stamped-May 2037
Alst & re 4 Ms ser O
May 2037
AConv 4Ms series A
--1949
AChicago Rys 1st 5s stamped
Feb 1 1938 25% part paid—-1927

88,000

104 M
105

32 M
55

55

Sale

AStpd non payt Fed inc tax. 1987
AStpd gen 4 Ms non-pay inc taxl987 M N
AGen 5s stpd non pay inc tax. 1987 M N
AGeneral 4Ms stamped
1987 MN

132",000

110

69

14M

M N

75,000

109""

Sale

244,000 t iChic Mil & St P gen g 4s ser A. 1989
AGen g 3 Ms series B_.-May 1 1989
68,000
143.000
AGen 4Ms series C_._.May 1 1989
AGen g 4Mb series E...May 1 1989
45,000
48,000
AGen 4Ms series F—May 1 1989
1,070,000 t AChic Mil St P & Pac mtg 5s ser A 75
AConv adj 5s
965,000
«Jan 1 2000
—

109»32110
81
Sale

J

J

,

gen

Sale

j

1949 j

1,107,000 t AChic Gt Western 1st 50-yr 4s-1959
8,000 X iChic Indianap & Louisv rf g 6s 1947
iRefunding gold 5s ser B
1947
"Y.ooo
iRefunding 4s series C
1947

2,000
3,000

"36 M

Sale
112M
Sale

Sale
60

47 M
55 M

70

Sale Prices

Sale Prices

Sale Prices

Sale Prices
58 M May 31

Sale
60

16

176,000
General 4s
—- — ---1958 m
S
101,000
1st & ref 4Ms series B
1977 f A
121,000
1st & ref 5s series A
1971 f A
iChic & E 111 1st cons g 6s—1934 A O
50,000
384,000 J AChic & E IU Ry g 5s.
1951 MN
59,000
ACertificates of deposit
38,000 Chic & Erie 1st gold 5s
—
_.1982mN

104.000 XAChic & No West
AGeneral 4s
33,000

Ask

58 M

67

Sale

99% Sale
99 % Sale
107 M
101M Sale'

J
J am

---1989 j

Illinois Division 4s

224,000

Sale

Highest

Lowest

Highest

nnn

,

Ref &

Lowest

May 31

Ask Bid

68 %

67

51M
1960 F A
58
Central RR & Bkg of Ga 5s
1942 MN
Central Steel 1st sink fund 8s—1941 M1V 1121!!
75
Certain-teed Prod s f g 5%s A..1948 M S
Champion Paper & Fibre—
104 M
S f deb 4Ms (1935 issue)
1950 M S
S f deb 4ms (1938 issue)
1950 m S 102%

125,000
305,000
293,000
333,000

Bid

71% Sale

1949 F A
1954 A O

1

May

1940

So,

$

11,000

1

Jan. 2,

exchange

204,000 Cent Pac 1st ref guar g 4s
Through St L 1st gu g 4s

378,666

RANGE SINCE JAN.

PRICES IN MAY

Price

BONDS

May
Value

23

exchange—bonds

stock

n. y.

June, 1940]

14% May
102% May
102 1732May
12
May
14
May

14
21
1
28
23
22
20
15
21
15

111%
129%
88%
115%

May
May
May

May 28
May
May
106
May
107% May
105% May
109
May

110
110

3
14% May
15 106% May
20 1022132May
18
May
22
14
May 17
17

66

72
64

56%
106%
104%

May
May
May
May
May
Apr.
May
May
May
May
May

28
25
22
23

29 108

May 21

104% May
May
May
May
May

104% 106% 105
106
106% Sale
102%
105
Sale
104 %
104% Sale

65

May

28 108% May
21 110% May
21 111 % May
May
22 109
May
22 110

6

Jan.
Jan.
Jan.
Jan.

13
11
3
19

May 15

8 106% Jan.

22

24

75% May 10
4
34% Jan.
22 105% Apr.
3
99%
21 105% Apr.
99
8
29 105% Apr. 19
97%
8 114% Apr.
8
113% Mar.
4 110% Apr, 27
110% May
3
106
May 14 109% Jan.
65

20%

May
May
May
May
May
107
May
103% May

106%
109%
88%
115%
108%

21

14 111% Apr.

15

21 130% Apr.
9
1
Mar. 25
89

28 119
23 110
22 110

Apr. 26
May
4
May
3

20 107% Jan.

5

104% May 15 108% Apr.
103
May 21 107% Jan.
105% May 15 109% Jan.

4

14

Jan.

5

102% May 15

102l732May 20
12

May 22

14

May 17

15% Feb.

56

83%
90%
82%
74%

23

55% Feb.

29

104% May
105
May
106
May
102% May
104% May

6

5

14% Mar. 23
106% May
7
10221s2May
6
19
Apr. 17
18% Apr. 15
18% Apr.
9
65
May
6

28 109% Jan.

27

21 110% Apr. 25
4
21 111% May
3
22 109% Apr.
May
7
22 110

24

EXCHANGE—BONDL

N. Y. STOCK

Sales in

May

BONDS
N. Y. STOCK EXCHANGE

II

$

PRICES IN MA Y

Price

81

Value

Jan. 2,
1940
Bid

May

\Bid

Ask

May 31

1

Ask Bid

25,000
32,000
837,000
53,000
44,000
149,000
151,000
69,000
17,000
22,000
11,000

If Container Corp of Am 1st s f 6s 1946 J D 105
IJDeb gold 5s
1943 J D 101M 102 M
D 108 % Sale
Continental Oil conv deb 254s__1948 J
t Crane Cos f deb3)3s
—1951 J D 104M Sale
Crown Cork & Seal s f 4s
1950 MJV 105
105M
S f 4)3s debentures
—1948 J J 102 M Sale
Crucible Steel 4)3s deb ser A—194£
103
103 M
Cuba Northern Rys 1st 5Ms
1942
29M Sale
Sale
Cuba RR 1st 50-yr g 5s—
38
1952
44 54 Sale
7 Ms series A extended to
1946
6s series B extended to
1946
32 M Sale

101M 102
101M 102
107 M 108 M
103
103 M
106M Sale
104 M Sale
105 M Sale
2933 Sale
37 M
38 H
43 54
44
32 M Sale

552,000
12,000
2,000
6,000
404,000
91,000
34,000
91,000
165,000

Del & Hud 1st & ref 4s
1943 M N
Delaware Pr & Lt 1st M 4Ms—1971 J
J
1st & ref 4 Ms
1969

108 M

1st mtge

t*ADen & Rio Gr 1st cons g 4s__1936
*AConsol gold 4Ms_.
1936
t ADenv & R Gr West gen 5s Aug 1955
^Assented (subject to plan)
ARef & imp mtge 6s ser B
1978
t ADes Moines & Ft Dodge 4s—1935
Certificates of deposit
t ADes Plaines Val 1st guar 4)3s_1947
Detroit

82,000
86,000
23,000

1969

gold 4 Ms

A

AO
J

J

M S

Gen &

ref4MsseriesD

F

.1961

A

Gen & ref mtge 4s series F—1965 A O
Gen <St ref mtge 3 Ms series G.1966 M 5

Eastern Ry M No Div 1st g 4s_1948
Eastern Tenn Va & Ga 1st g 5s.1956
Ed El 111 N Y 1st cons g 5s_ —1995
Electric Auto Lite conv deb 4s__1952
_

21,000 El Paso & S W 1st & ref 5s
5s stamped

Alst consol gen lien
AConv g 4s Series A

1,106,000
11,000
57,000
11,000

13", 660

4s

conv

4s Series D__

D

40

D

22

98

impt gold 5s ser 19271967
*ARef & impt 5s series 1930-.1975
AErie & Jersey 1st s f 6s
1955
AGenesee Riv RR 1st s f 6s
1957
aN Y & Erie RR ext 1st 4s
1947
*
A3d mtge 4Ms
1938
Ernesto Breda Co 1st mtge 7s
1954

1956

1,000 Gas & Elec (Bergen Co) 5s
1949
87,000 Gen Amer Investors deb 5s ser A 1952
127,000 General Cable 1st s f g 5Ms A
1947
6,000 AGeneral Elec (German) 7s_
1945
ADebenture 6)3s
1940
aS f deb g 6s
"3",066
1948
General Motors Acceptance Corp—
15-year debenture3Ms
143,000
1951
262,000 Gen Steel Castings 1st 5)3s w w.1949
2,000 |AGa & Ala 1st cons 5s
Oct. 1945
9,000 I*AGeorgia Caro & Nor 6s
1934
AGood Hope Steel & Iron sec 7s. 1945

209,000

1,037,000
650,000
207,000

61", 660

"9",660
9,000

Sale

4M

6M Sale
5M Sale
2M
154
2
1M
5M Sale

4M

53-3
533
133
133
4

27
11

5633 May
1
10854 May
7
104
May 18
10933 May 16
933 May
854 May
233 May
2 33 May
633 May

3933 May
May
May
10633 Feb.
533 May
533 May
133 May
1 33 May
4
May

107 J4 May

May
May
May
May
May

7

29 10554 Apr. P5
21 10754 Apr
15
.

22 10454 Apr

"i

31 10533 May
23 31
Apr.

8

22

40

Apr.

1

14

46

Jan

4

17

35

Mar. 29

63 34 Jan.

3

108

109

Jan.

6

104

106

Jan.

6

10933
1153
1154
3 34
2)3

May 16
Apr.
3

4M

133

Sale Prices

101 ias May 21 10233 Feb.
104
May 28 11053 Jan.

,

393-3 May
May
May

106

Sale Prices-

1100 94 May 17 10553 Jan.

10233 Apr.
104
May
9933 May
101
May
22
May
24
May
40
May
31
May

104

1

Highest

18 10354 May
21 106 33 May
22 104 34 May
31 105 M May
23 2933 May
May
22 39
44
May
14
17 32 H May 10

108

102 M

6M

Grand R & I

106M
13 M

Sale
17 M
Sale

J

J

J

D

109

A

O

Feb.

Apr.
Jan.

4
24
4

8
1

Jan.

Apr.

9

5

MarJ

1

50

MN
J

F

108)3
59 M

Gulf Mob & Nor 1st 5Ms ser
1st mtge gold 5s series C
Gulf & Ship Island 5s

Sale"
Sale

106M

100®32

23

Sale

19 M
14

Sale

14 M

"I4M

Sale

J

J

55

62

Sale

J

J

53 33
49

68 M

13

9M
9M
4533

Sale

M

55

A

D

M S

M S

103

M S

104

J

D

A

O

J

J

J

D

M S

Sale

10433

104 M

102

104M

Sale

53

Sale

48

6M
5)3

70

1940 MJV
B.1950 A O
1950 A O

434
433

10334
6934
14'"
2033

Sale

Sale

9034
7334
58
8

72

Sale
Sale
Sale

64
9

85

Sale

Sale

99

Sale

1999 J

J
O

78
46

—

Sale

97 33

72
108

10034
9333
86

8633
10434
9553
7834
6134
6

May

May
May
May

102

Sale
Sale

98 33

Jan.

2

59

Jan.

3

Sale

100

Sale

100

1
8733 May
10733 May
8
May 15
102
May
3
104)4 May
3
104)4 May
2
103 33 May 13
3
104)3 May

May
May
May
May

100
103

50
56

Feb.

8

28
17
28
15

63 33 May

28)4 Apr.
26
26

Apr.
Apr.

2534 Jan.
18

3
15
15
15
15

Jan.

3

18

Jan.

3

64

Apr. 15
Apr. 26
Apr. 18

70

Feb.

60
100

98
May 24
May 22 108
May 22 105

102

Mar. 26 102

100

May
May

106

100

8

94

Mar. 28
Jan.

6

Feb.
9
Mar. 26
28 104 34 Feb.
8
21 104 33 Mar. 15

100

4
May 16 10434 Apr.
Mar. 28
May 14 107
Feb.
1
1
46)3 Feb.
48
Apr. 17
May 17 55
3
853 Jan.
4)4 May 21
3
833 Jan.
3)3 May 22

103

4633

48

533

May 17
434 May 21
333 May 22

3 53

233 May

Sale

28
21
24
25

92

104

May

233
2
134
2
153
101
10233 101
44
4933
49

7

53

May

1

6 33 May
6
May

9

3

...

15
12

10433 10333
Sale
57
9
1633
1033
Sale
25

12

101
78
8934

Sale

1

May 27

3

233 May

May 27

May
May

4
3
8

28)4 May 1

28)3 May

10434 103)3 May 14 104
6833 5554 May 24 73
15
14
May 10 14
2033
15
May 16 20)3

1

May 15
May 10
May 10
May
1

25
Sale

10033

99 54
24 33

100)3 May 15 105)3 May
80
May 21 89
May

2633

Jan.

23

63

May 24 124)3
May 16 105
105
May
28)4
Jan.
Apr.
34)3
29 53
Jan.

103 33

May 14 107
55)4 May 24 73
14

Mar. 28

,15
May 16
1833 Jan.
2

14

May 10

Jan.

19

Jan.

5

May

3

Apr.

3

Apr.

20

Apr.

6

Jan.

10

May

10

Mar. 28

22 33 Mar.
22
Apr.

1
6

100)3 May 15 105)3 Jan.
80
May 21
9154 Jan.

104)3 May 22 104)3 May 22

8753

10333
90
Sale

"7733

80

6153

76

10853 105
Sale
9433
8733
9433
Sale

104 H May 22 104)4 Feb.
80
Jan.
9
80
Jan.

76

May 29
61)3 May 28

Sale

105

Sale

94

Sale

Sale

7834
7834
9634

Sale

Sale
Sale

89

Sale

Sale

70

7133

6134
434

May
May
87
May
77
May
76
May
9433 May
88)3 May
70
May

8633 May

2

73-33 May

9

10854 May
3
10233 May
9
95)3 May 10
88
May
2
88
May
9
105
May
3
9654 May
3
80
May
9

64

7

.....

Sale

633

2 53 May 21

80

80

75

71

99
Sale

May 17
May 17

6

May

2

8633 May
8254 May

96)4 May 23 10354 May
106)3 May 31 11153 May

4

7

12

Sale

88

Sale

9834

76

May 29
61)3 May 28

12
5
5

10

May
May
May
May

7
1
1
1

20
9

23
3

May 31 108 54 May
3
9
May 28 102 33 May
95)3 May 10
88
77
May
2
88
76
Apr. 26
Apr. 30
9433 May 28 105
Jan.
16
88
96)4 May
3
70
May
9
May 25 80
94

87

May 22
May 23
May 22

Jan.

12

58

Jan.

8)3 Jan.
253 May 21
100)3 Apr. 22 100)3 Apr.
80
8754 Feb.
May 17
71
8354 Jan.
May 17
9033 Mar.
9033 Mar. 14
1 103 54 May
Feb.
96
106)3 May 31 11133 May
21

Sale
11533 May 29 122)3
70
7233
May 24 77
4134
4033 May 28 54
Sale
9633 May 28 101

96 33 Feb.
88
Apr.

105

58

64

Sale

12133 12234 11533
77
Sale
6953
54

49

30

...

2733

2

29

85
75
8633
8233
8134
8533
8533
10234 Sale
9634
11033 111
10633
19

119

1944 A

60

Sale

44)4 May
18
May
14
May
14
May

853 May
9
May
47
May
5333 Jan.

1553 May
15 34 May
63
May
70
May
9253 May

May
9234 May

10633 106
100

3
9
6
1

97

"86""

8234
8534
10833

25

6333 May
2833 May
23 34 May
23
May

---

10433

10533 10533
9933 Sale
89
9034
8133 Sale
8233 Sale
103

21
24

57

97

2

78

J

Feb

233
3

80

84

60

Sale

19

104 M

56

.

May 22
Apr.
8

2733
2834

105
88

A

51

100)3

Sale

25

10633 May 17 10733 May
6
9033 Mar. 14 95
May. 9
Feb
" 8 149)3 Apr.
6
104
MarJ 11
May 15 110
141

24

'

10554 Sale
91M
93

18M

D

17

17 10853 May
8
12
Jan.
13
303s Apr. 11
106)3 May 21 109 33 Jan.
2

May

104
104

13

4

10533 May

121

104

15

11

May 24

101

Sale
Sale
19M

Jan.

10733 May

121
11234
May 24 121
Sale
10134 10333 10033 May 16 104
9934 100
10534
9954 May 15 105
40
12
25
May 10 28 53

F

106M
69 M

4033 Mar. 12
25)3 Apr. 12
101

May 24
2)3 Jan. 18
4
2)3 Jan.
133 May 22
1
100>7jiJan. 24 101
May

J

MN

20

Feb.

May 22
May
2
May
1
May 10

125

101M
24 M Sale
27 M
35
2453
40

2
17

113

May 24
2)3
May 22
2)3
May
1 101
May 18 63

122

J

6M

233

233
233
101
5934

J

J

Sale

8
2

MN

J

104
30

3)3
2M
2)3
10054 103M
48 M
53 M

J

Sale

55

Sale

47

9433 100

40

Sale

MJV

95

51

8M

61M

50
106

103 M
104 M

10454

101M 103

53

8
3
2

18

10033 10334 100

104 M
104 M

28

853 May
9
May

Sale

104

53

10554
43 33

Sale

Sale

4433 May
18
May
14
May
14
May

Sale

102)3

i02M

8

MJV

87 M
107 M
103 M
102

98

107M 108
103 53
101

Sale
15M
Sale
24 M
Sale

60

92'

92 M
75 M

90

75

F

10533 May 17 10853 May
18 M
1333 May 28 27
May
Sale
10633 May 21 10733 May

11033 Jan.
11153 Jan.

100
Sale

15

M S

Sale

Sale

27

Sale

J

1
4

107 94 May
10934 May
10853 May
4033 Mar.
25
Apr.
88
May
10533 Feb.

166"

17 54

36,000 J*iHousatonic RR con g 5s.1937 M N
173,000 Houston Oil 4 Ms debs
1954 MN




Sale

100 8 82

Sale

15

30.

15 H

O

J

see jage

Sale

A

M S

95 34

8833 May 25 99
May
10654 105M 107M 10634 May
2 10733 May

Sale

MN

45
34 M

70

23

i7M

1949 J

For footnotes

40

35

24 M

stpd
1952 J
J
187",000 Gulf States St'l 1st mtge 4Ms_.1961 A O
143,000 Gulf States Util 3M8 series D
1969 MN

AHarpen Mining 6s
28,000 Hock Val lstcong4Ms
17,000 Hoe (R) & Co 1st mtge

107 M

19

MN

1950 J

4s

48
Sale

S.
105
106)3
10633 May 17 10753 May
6
93 M "95""
9153
92 M
9153 May 29 95
May
9
149—
136'M" 147— 149
May 14 149^ — May 14
Sale
109
106
Sale
104
May 15 109
May
1
56
59
59
51
51
May 22 55
May 13
55
95 M
95 M

57
95M
101M
101M 10154
54 53
24 33 Sale"
23 M Sale

1st & refund 4Ms series A....1961
J
Gen mtge 5Ms series B
1952 J
Gen mtge 5s series C
1973 J
Gen 4 Ms series D
1976 J
Gen 4Mb series E
1977 J
Gen mtge 4s series G
1946 J
Gen mtge 4s series H
1946 J
Gen mtge 3 Ms series 1
1967 J
AGreen Bay & West deb ctfs A
Feb
gu g

26

140"

J

10854 108 M Sale
10734 May 21 10833 May 10
Sale
10933 110M 10933 May 22 110)4 May
1
108 M Sale
Sale
May 22 112
May
8

108M 109 M 106

10554 106M
91
91M

F

Greenbrier Ry 1st

40
25
99
106

54 53
35 M'

100

O

1st gu g 4Ms
1941 J
J
Grays Point Term 1st gu g 5s___ 1947 J D
Gt Cons El Pow (Japan) 7s
1944

Alncome debenture ctfs B

M

A

ex

1st & gen s f g 6Ms_.._
Great Northern Ry—

108

110M
111M

105)3 107 M

J

257,000
340,000
169,000
163,000

Sale

104

Sale
Sale
3
2M
Saie

2

Sale

102M May
10454 105
104
May
99 M 101M
99M May
Sale
101
101
May
22 M Sale
22
May
31
26 M
24
May
28 M
39M
40
May
30
21
31
May
40 M

I

Sale Prices

Prices

100 34 May 17 102
May
101'32 May 21 101M May
104
May 28 108M May

108

50

D

480,000 Goodrich (B F) Co 1st M 4Ms..l95f J D
14,000 Gotham Silk Hosiery deb 5s w w_ 1946 M S
Gouv & Oswegatchie 1st 5s
1942

24,000

9M
854
253

4

J

1953 A
1953 A

*iRef &

J Fairbanks Morse deb 4s

10,006

Sale
...

107 M

Sale

110

AfN

1965 A
1965 A

71,000
16,000
ederal Lt & Tr 1st s f. 5s
1942
5s International series
1,000
1942
First lien s f 5s stamped
15,000
1942
1st lien s f 6s stamped
40,000
1942
6,000
30-year deb 6s series B
1954
442,000 Firestone Tire & Rubber 3MS--1948
liFla Cent & Peninsular 5s
.1943
42",660 tFla East Coast 1st 4 Ms
1959
Alst & ref 5s series A
583,000
1974
ACertificates of deposit
36,000
*t AFonda Johns & Glov ref 4 Ms 1952
Proof of claim filed by owner
30,000
*A(Amended) 1st cons 2-4s
1982
Proof of claim filed by owner
5,000
ACertificates of deposit
7,000
2,000 Fort St U D Co 1st g 4Ms
1941
59,000 Francisco Sugar coll trust 6s
1956

"i",66o

104

110)3 Sale
11053 113

J

1996 J
1953 A

a4s series B

AGen

1,076,666

3M
4953

J

Erie & Pittsb gen gu g 3 Ms ser B 1940 J
Series C 3 Ms
1940 J
153,000 t AErie RR 1st con & prior lien 4s 1996 J

688,000
139,000
80,000

56 M

Sale
110

106
105;
Sale
108;
9M Sale
9
10M
254 Sale
254
3
6M Sale

Sale

Lowest

Edison—

Detroit & Mack 1st lien g 4s
1995
ASecond gold 4s
* 1995
35,000 Detroit, Term & Tun 1st gu 4 Ms 1961
35,000 Dow Chemical deb 3s
1951
Duluth Missabe & Iron Range
62,000
Ry 3 Ms
1962
72,000 1* aDuI So Shore & Atlantic g 5s. 1937
377,000 Duquesne Light 1st M 3Ms
1965

47,000
55,000
3,000
204,000

F

62 M
109

Ask

102
104 M
103 M

RANGE SINCE JAN.

Highest

Lowest

Apr.
11533 May
70
May
4033 May
9633 May

21)4
25
29 123
80
24
28 55)3

28 101

12

24

22
23
6

14

4

7

Feb. 27
Feb.

23

Jan.

t3

Apr. J3
May

Jl

N. Y. STOCK

1940]

,

EXCHANGE—BONDS
PRICES

Price

kiles
Ma

BONDS

Vali

N. Y. STOCK EXCHANGE

ST*

IN MAY

Jan. 2,

1

May

1940

Lowest

Highest

Sale Prices

Sale Prices

May 31

~

Bid

Ask

246,
6,
228,
340,
124,

~7~

Hudson Coal 1st
Hudson
a

10,

957

1st gold

---

51,

Refunding 5s
40-year 4%s
Cairo Bridge gold 4s

677,
1,

43 %
Sale

955 M N

3s sterling

Collateral trust gold 4s.
Refunding 4s
Purchased lines 1st 3 %s
Coll trust gold 4s

44,
2,
143,

Sale

112%

J
952 J
953 MN

Extended 1st g 3%s

20"

Sale

970
951
951
951
951 M S
952 A O
955 MiV

Adjust income 5s
.Feb
%s ser B

Illinois Bell Telep 3

Illinois Central 1st g 4s
1st gold 3%s

Sale

A

Sale

966 F

91

26%
119%
39%
10%
109%

Sale
Sale
Sale
Sale

Sale

124
Sale

Sale

46%
48%

Sale

Sale

53%
Sale

'61%

70

951

63

St Lou Div & Term g 3s
Gold 3%s.__

951

57 %
60

Springf Div 1st g3 %s
Western Lines 1st g4s

951

951

45,

62%
50%

50

47

59%

5,

JAlndianapolUnion Ry— gu 4s.
ndianapolis & Louisv 1st

1

B

Ref & imnt mtge 3 %s ser

------

19

95

950 J

W 1st 4s..

15%
55

956 J

ATnd Bloomington &

Indiana III & Iowa 1st gold 4s._

Sale
Sale

47 %

45

9401A

Allseder Steel Corp 6s.
*

12"

10

100%
61
13%

49

986 M S

102%

60%
13 h

Sale

74%

.....

105

Sale

P7444

—

44%

Sale

948 J

J

952 A

O

966 J

J

322,

t Alnterboro R T 1st & ref 5s
^Certificates of deposit
*
110-ye.ir 6"%^ notes
ACertificates of deposit
*
a 10-year 7 % notes.
..
a Certificates of deposit

150,

Interlake Iron conv deb 4s

947 A

89

170,

Internat Gt Nor 1st 6s A
a Adj mtge 6s series A.July 1
a 1st mtge gold 5s series B
A 1st gold 5s series C..
Internat Hydro El deb 6s
—
Int MercvMarine 1st s f 6s
Intern Paper conv 5s series A —
Refunding 6s series A
Int Rys of Cent Amer 1st 5s B —

952 J

16%
1%

Sale

Sale
Sale

Sale

956

14

Sale

956 J

14

Sale

9%

106,
22,

195,

246,
82,
47
459
199,

309

403,
23
22

756,
972
31
22

85,
6,

335,
32
62,

4%s—

—

.

,

a

Sale

38

29%
72%

"74"

31%
74%

73

—

30

932 MS

Sale

952

\

108,

~

3

947 F
952 J

A
J

955 F

First lien & ref 6,4 s.
Internat T & T deb g

A

*43 %

951 M S

1%

972 MN

-

4%s

Deb gold 5s

t Alowa Central Ry 1st & ref 4s__
James Franklin & Cleart 1st 4s__

D

959 J

St'l 1st M 4%s

961 M S

Kanawha & Mich 1st gu g 4s....

990 AO

J* aIv C Ft S & M ref g 4s.
a Ctfs of dep (Bankers Trust)
Kan City South 1st g 3s.

936 A

Jones & Laughlin

O

950 AO

950 J

J

Kan City

960 J

T

980 J

D

Ref & Imp 5s

April

.

Term 1st 4s
1st mtge 4 %s
Karstadt (Rudolph) Inc—
a Ctfs w w stod (par $645)--a Ctfs w wstpd (par $925)
a With warrants (par $925)
Keith Corp (B F) 1st ser g 6s
Kentucky Central 1st gu 4s
Kentucky & Ind Term 1st 4%s..

28,
2

184"
7

9

Kings Co Lighting 1st
1st & ref 6%s

35

"10

3

27
3

5

17
84
17

16

"2
249

4

a

i 4 %s asse i
Gen co isol >s

c »n>

3

.

.

85

85

82 %
26

Sale

27% Sale
1
1%
40
43%
94
93 %

-

1

38
93

56

50

Sale

105

100

May 24 103 % May

106%

50

25
10
10

Sale
100
102 % 103
104
106%
50
92% "20""

75

83 %

90

165 % 167
100 %

147

171

O
A

156%

Sale

89

87%
Sale

J

106%

90%
106%
108 %

104%

Sale

105%

2%

Sale

4%

O

84%

J

86%
106%

Sale

82%
83

47

Sale

Sale

47

Sale

Sale

Sale

4 %

86

86

86%
107 %
102

5

85

45%
43%

102

"91"

Sale

80

83%
.

A

39

44

42

A

40

45

41

78%
82%
82%

71%

74

90

86

75
80

997

81%

975

37

J

36%
50%

Sale

954

Sale

54 %

954

J

48

Sale

52%

965 A

O

945 M S

39%

Sale
54

87%

86

34%

3% May 15
80% May 21
80
"
May 22
38

38
37
40

80%

93

Sale

28

Sale

42

May 28
May 24

38% May

44%

Sale
84%
33%

42% May 28

53% May

9
1
8

32% May

13

34% May

2

23
10
25
29
1
13
14
22
29
8
21
22
21
22
28
22
22
25

39

38

27

24

29

20 %

24

27%

20%

29%

24

20,%

30

26%

29%

24%

20%

25

30

24

29%

20 %

29%

24%
24%

Sale

24

24%

21%

24

24

J"J

52

50

48%

J

940 J

J

43%
43%

43%

—

-

_

51
-

37

30

37

30%
30%

38

48

50%
40%

17
Sale
19

17

Sale

49%
49%

"60

O

1955
1944

J

O

12

A

A
O

71

dquid Carbonic 4 conv debs . 1947
ttle Miami gen 4s series A
1962
*ew'8 Inc s f deb > 4>s
.1946
imbard Elec 7s seri sA
1952
>ne Star Gas 3%* debs
1953
Lx>ng Dock Co 3%
ext to. ...1950

J

D

16
11%
12% Sale
12 %
15%
13% Sale
14% Sale
14% Sale

40

120%

127""

127%
129% 130%
100
97
107% 109%

30

9

11%
9%

9

11

9%

9 %

12

11 %

17

8%
10%

11%

10%

9

9%

45

J

117

50

50%

14%
14%
15%

1965 A

Sale

39%

Sale

O

50

36

Sale

O

50

50

30

15

A

70
Sale

41%

15

1941 A

53

23
23

40%

Sale

2003 MN
2003 MN

F

For footnotes, see cage 30.

—

May
May

28

29

26%

87

1
7
10

45

35

...

10
8
9

71% May

30

974 FA
974

21
28
27
20

May 31
May 10
79 % May 21

17

30
Sale

3

15
10
11
2

91

26%

..

May

71

85%

9

3% May
83
May
84
May
47 % May
47
May
43
May
43
May

Sale

A

\

May
May
May
May

May 14

104% May 22
91% May 10
106
May
6

100% May 21 106

A

F

75

166% May

May
May
May
105% May
84

44

37%

40

18

94

71

35%

37

May

157
103

50%

88%

32

86%
30%

70

37

38

94

85

5
78%
86
80 %
83
38% Sale

42%
50%

1941

.

4

92%

A

deb 4%s..

May
May
May
May
May
May

Sale

25

60

20)3 MN

-

28 86
31 37
28 35
28 65%
21 66%
23 108%

May 13
May
6
May
1
May
9
May—9
May
9
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

51

85
25

Sale

65

2003 MN

5s

9

May 13 104
May 29 105%
May 28 100
May 21 80
4-8 0"—
May-24
May 21 38%
May 21 32%
May 21 76%
May 21 76%
May 21 88
12
May 21
1%
May 15
11%
May 21
May 24 11%
May 28 68%
May 31 75%
May 23 103%
May 28 103%
May 22 92%
May 23 98%
May 22 36%
May 22 39%
May 21
1%
May 22 53%
May 18 95%

55

Sale

83

85

2003 MN

d

10

May

May
May
May
May
May
May

87%

25

90

2003 MN

...

bby McNeil & Libby 4s
ggett & Myers T >bacco 7s




22

21%

25

92%

1951

3

85

83

1952

180

99

80

93%

83%

940 J

5s

5s debenture-

109

53%
90 %
80

80"'

943
954 FA

5s as^ente 1..

Oil Ref conv

7%
7%
37 %

Sale

87

964

.

J Leh Va 1 Ter Ry is- gu g
5s assented.
Lex & E ist 1st gu "

8

964

1..

Gen

81

224

Sale

87%
89%

943

theh V (N Y) 1st gu g 4 %s
443s as^en ed
%k Leh Vai (Pa) g n con g4s
a

78

954 F
954 F

5s...

refun

assent >

67

93

82

on

104

Sale

54

99% Sale

80

944

a6s stamped

a

40

Sale
Sale

J

947

ASec 6% notes extend to

53

Sale
Sale

942 F

a5s stampe 1

105

6%
6%

J

"90%

941

Leh Vail Harbor Term 1st

67

1

10%
10%

942 F

B....
Western RR—•
ended at 3% to

89

1 %

J

960

ing 5s
a5s stamped
AFirst & re
nking fund 5s.

220

72

71% Sale
79% Sale
.8%
9%

106%

942

a5s stamped

a is

71

88
Sale

101%

953

trust 6s series

1st & refunding
v\

-----

J

939 A

a5s sta npe i.

st

39

32%
Sale
Sale

85
86
35% Sale
34 % Sale
65
Sale
66
Sale
107% Sale

959 M S

—.

a

100

85

98%
Sale
Sale
1%
1%
53 %
54
95%
95%

951 MN

Soug3%s..
Lautaro Nitrate Co Ltd—
a 1st mt a income reg. Dec 31
Lehigh Coal v- Nav 4 Josser A...
Cons sink fund 4%s ser C
I-ehigh & N
Eng RR 4s A
Lehigh & N >" 1st gu g 4s.
Lehigh Valley Coal—

13

19

&

5s 1937 e c

a

99% 101

70
75% Sale
75 % Sade- -7029
30%
35
30%
29%
32

J

954 J

5s......

May

13 %

14

8% May 24

11%

104

11

l04~~

60

105

7
11

24

954 J

2d gold 5
Lake Shore <$r Mich

20
3

25

949 F

5 %s series C
ref e 5 4s ser D

Collatera

25
1

8

997 A

Coll tr 6< series A

13

108% Sale
103% 104%

May

8%

961

re

Lake Erie

70

Sale

56

99%
...

14%

961

ref 5s

1
1

60

May 21
May 21

987 J

t Ivreuger & Toll class A—
a 5s Uni orin ctfs of deposit..
*
a Laclede Gas I J. ref ext, 5s

Col

138

88%
31
29%
Sale

30

946 M S

4s series A.

42

138

68 %
65

8

Certificates of deposit

Koppers C

6

56

41

961

Ref & ext mtge

6

29%

33

35

12

961

Coll &

15

92%
98%
36%
39%

1%

94%

943

unguaranteed
Kings Co Elec Lt & Pow 6s
Kings Co Elevated 1st g 4s

88,

9

102

Sale

943
913

Stamped

66

22

68%
75%

Sale

.....

75
86

103

Sale

53

28

.

Plain

7,

Sale

102% Sale
97% Sale
84
81%
96% Sale
41% Sale

947 J
955 M S

4 %s

7-,

Sale

68

941 A

—

174

90%

73

944 A

-

H Kansas Gas & El

136,

-

932 AO

_

t

„.

Sale

32

100%
63

1 %
10

213,
350.

Industrial Rayon

36

.

-----

11

30,

May

47 % May
44 % May

6

May

69%

105% 107
105
105%
99% Sale
78% Sale
-78-%—Sale

inspiration Consol Copper 4s._.

123,

56

55%

70

55

57

948

--

65

75

963
963

—

35

76

58""

64

Ill Cent & Chic St L & N O—

Joint 1st & ref 5s ser A

34

40%

59%

76

951

4%s series C

37

31% Sale

65

60

May
May
May
May
May
May
73
May
58 % May 22

46%
48%
41 %
45%
53 %
43%

32% May 23
May 22
34% May 27
32% May 24
40
May 23
28% May 21
73
May
8
58 % May 22

45%

42

42%

77%

60

May 22
86% May
4

85

May 27
May
6

83
86

33%
34%
33%
32%

Sale

85

951

6
1
6
2
1

May
22 32
21 126% May
May
21 48
22 13% May
May
22 112

40

Sale

40

45%
52%
42%

953

153

May
May
May
9% May
108% May
38

90

40

68
Sale

950

400

22

124

Sale

83

Omaha Div 1st gs3s._

"2"

Sale

Ask

83

Litchfield Div 1st g 3s
Louisv Div & Termg3%s_._

2,

30%
126%
47%
13%
111%
87%

34

D
949 M N
957 F A
962 J

f 5s series A..

8

County Gas 1st 5s

Hudson & Manhat 1st & ref 5s A

Ask Bid

50

30

48%

30

8%
8%

May 21
28 % May
8
28% May
7
23
May 29
28% May
6
24% May 13
27 % May
7
50
May 22
53
May
1
41
May 10
30
May 21
39% May
6
13 % May
13
May
13 % May
14% May
14% May
14% May

47

45

.

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

54 % May

47%

115

116

115

103% 103% 100% Sale
122
Sale
126% Sale
129
130% 121% Sale
92% Sale
97% Sale
105
107% 106% Sale

115
100

May

May
121 % May
120% May
90
May
105
May

2 115
21
22
23
23
2

May

2

May
6
127
May
1
129% May
2
97% May 10
106 % May 31

104

MJV
F

A

102%

J

D

66

F

A

108

A

O

72%

Sale
75
Sale

104%
69

107%
67%

Sale
Sale

Sale

100% May 15 104%
52
May 24 69
105
May 22 108
65
May 20 65

May
May
May
r
May 20

26

N. Y. STOCK EXCHANGE—BONDS

BONDS

Value

n. Y. stock exchange

Jan. 2,
1940

Sft.

Bid

$

.

Louisville & Nashville RR—
107,000
1st & ref 5s series B
212,000
1st & ref 434s series C

29,000
129,000
22,000
1,000

Sale
Sale

A

M S
M 5

J

J

MN

Sale
83
Sale

"77*54

105
7

10634

f deb 5s_ .1951 MN

10734

Sale

*iMcKesson& Robbins deb534sl950 MN
D

7634

1,000

2,000
325,000
14,000
35,000
69,000
166,000
738,000
15,000
29,000

McCrory Stores Corp

s

F

A

Maine Central RR 4s series A—1945 J

Gen mtge 4 34s series A
1960 J D
Feb 1 1957 MN
J a Manhattan Ry (N Y) con g 4sl990 A O
a Certificates of deposit

Manati Sugar 4s s f

a

D

2013 J

2s 4s

ACertificates of deposit
Manila El Ry & Lt 1st 5s

...1953 M S

Manila RR South Lines 1st 4s—1959 MN
J
5,000 tAMan G B & NW 1st gu 334s.-1941 J
1947 A O
21,000 Marion Steam Shovel s r g 6s
Stamped
3,000
42,000 *iMarket Street Ry 1st 7s_Apr 1940 Q
J
ACertificates of deposit
13,000
(Stpd mod) 5% ext to
1945 Q A
-.1955 ■M-S
38", 000 Mead Corp. 1st. mtge AMsu

78

52

Sale

4034

Sale

7834

Sale

79

Sale

4234
4134

Sale
44

86
50

"8334

15

"76""

68

"•5534

112

O

*82

"ilooo

J

73,000

8,000
3,000
39,000

Mil Spar & N W 1st gu 4s
1947
AMilw & State Line 1st gu '3 Mb 1941
AMinn & St Louis 5s ctfs
1934
a 1st & refund gold 4s
1949
a

35~666

19,000
a Ref & ext series 5s A
1962
1,000
176,000 t* AM St P & S S M 4s stpd guar.1938
*
Alst cons 5s
1938
36,000
*Alst cons 5s grd as to int
1938
79,000
A 1st & ref 6s series A
1946
25,000
a 25-year g 5 Mb
1949
30,000
Alst ref 534s series B
1978
7,000
37,000 1 AMissouri-Illinois RR 5s ser A_ .1959
1990
232,000 Mo Kan & Tex 1st g 4s
Missouri-Kansas-Texas RR—
459,000
93,000
70,000
158,000

MN

J

J
D

D

49

7i>

1962

-

1st mtge 4Mb
6s debentures

^

60

77

60

7

54
Sale

12'

Sale

94

Sale

28

4834

5334
2654
1434

634
154
234
534
5

35

834

90

May 31

97

May 22
May 24

56

2354
1434

18

3734 May 21
2334 May 14
8
May 25
5

2

334
354

4

134
234
354
334
354
134

4

Sale
6034
6634
70
27
2834

1

154

M S

3 54

1954
1834
254
1954
1834

Feb.

21

1534 Aprl

19

1041132 Apr.
81
May
7034 May
39
May
32
May
76
May
76
May
39
May
4234 Jan.

8
2

10754 Feb.
Apr.

101

81

Jan.

12

5534 Jan.
Apr.
83 54 May
84
May
53
Apr.
46 54 Apr.
46

19
23
8
9
26
11

1534 May 18
6434 Jan. 11
72
May 27
5234 Jan.
4
50
May 21

22

Apr.
4
Apr. 30
Apr. 30

81
81
83

Mar. 20

72

Mar.

8

1854 May

1

94

1

11034 May 23 11234 Jan.
40
Feb.
May 23 90
534 May 22
734 May
34 Mar. 28
34 Mar.
18 54 Jan. 17
1854 Jan.

9

.

21

27
28
17

May

90

May 31
9434
Mar. 29 6654
May 22 104 34
954 Jan. 15 30

97

104 34 May
29
May
52

3734 May 21
22 54 Feb. 28
8
May 25

May
26
May
1454 May

Feb. 23
Jan.
3
May
8
Mar. 14

52

May

32

Jan.

7
20

1634 Apr.

1434
Sale

5
Sale

2 34
Sale

1

30

50

,50

55

63

22

Sale

55
20

1034
834
734
334

Sale

1534
1234
154
1334
1234
13 34
1234

Sale

1534
1034
4

May
May
May
May
May
May
May
May
May
May
May

734 May
8
May
834 May
334 May

15
13
2

23
28
24
17
20
17
21

21

21
23
23
14

654
234
234
554
534
634

May 10
May 20
May
2
May
May
May
2
May
134 May
5534 May
67
May
29
May

1534
1334
14 34
554

5

May 15
134 May 13

8

8M Apr.

4

1

Jan.

3 54

May
3 34 May
3 54 May
134 May
1
May
50
May
55
May
20
"May

22

23
28
24
17
20
17
21
21

7 34 May 21
8
May 23
834 May 23
334 May 14

May
May
May
May

4
Jan.
Apr. 24
4
Apr.
7
6 34 Mar.
8
7 H Apr.
234 Apr. 16
2 54
2 34

7

2

7

Mar.

5934 Feb. 28
74
Apr. 29
32 54 Mar. 20
19 34 Jan.

2
4
2
4

1554 Jan.
1654 Jan.
834 Jan.

1

MN
MN

MN
A

O

F

A

—-

Sale
1454 Sale
13 54—1434
1434
1354
2 34 Sale
1434
1434
13 54
14 54 Sale
1354
1534

Sale
Sale

Sale

1934
1934

19

1834
154 Sale"
1934 Sale
1834
1934 Sale
1834
78m Sale
_

y~j

66

F

A

22 34

Sale

21

M 5

2834

Sale

32

M S

3334

Sale

70

_

22 34

1

1354
1234
1334
1234

Sale

3334

3134

Sale
Sale

39

38
M

S

59

53

MN

10534 106

13

10934 10934
11034 11134

'26"
2134
2734
2834
3334

10634 107

19
Sale

Sale

134
12 54
12M
1234
1234
54

Sale

13

Sale

Sale

12 34

Sale

1234
1234
7834

20

Sale

85

Sale

51

60

51

May
2334
2034 May
24
20
May
Sale
20
May
25
Sale
May
Sale
24
May
53
5034 May
103
105
May

Sale
10654 109
Sale
11034 11134 105
9754 Sale
10234 Sale
70
7534

72

"53""

56

"4834

Sale

Sale
Sale

68

37

Sale
Sale

1941 MN

101

A
J

6734
42

105

May 27 11034
May 22 11134
9534 May 22 104 34
7154 May 29 7354

7034
39

Sale
44

13

May 21

14

Jan.

134 May
12 54 May
12 34 May
12 34 May
12)4 May
54 May
13
May
12)4 May
1234 May
1234 May
68

Jan.

4

24
21
21
28
21
17
21
21
22
29
15

20

May
2034 May
20
May
20
May
25
May
24
May
50)4 May
105

21 54 Apr.

4
2034 Mar. 28
4

2534
2034
3434
33 34
4134
4034
55

Jan.

3

Jan.

Apr.
Apr.
Apr.
Apr.
Jan.
Apr.
Mar. 28
21 54 Apr.
4
2134 Apr.
3
79
May
1

2134
2134
2154
2134
2 34
2154
2034

107

Apr.
May
Apr.
Apr.
Apr.
Apr.
8
25

Mar.
Jan.

May 27 11054 Feb. 17
May 22 112 34 Apr. 13
9
9534 May 22 104 34 May
86
Jan.
17
7154 May 29
9
5554 Jan.
8
5634 Jan.

May
May

6

105

3

103

May

9

May 15

38

35

Sale

29

27

28
Sale
3254 Sale
2434
10934 10454 106
10434
119
11254 Sale
11254
10154 103
10134 10154

70

60

Sale

6754
101

52

54 34

Sale
5234
10254 10334 102
Sale

104

May
May
May
May
May
May

65
6734
5234 101
49
Sale

Sale

9934 100

May
May
May
102
May
10334 May
9934 May

23
43
May
1
21
3834 May
8
22
3254 May
1
24 10954 May
9
31 113
May 31
15 10154 May 15
17
1
21
18
21
24

68

May 14
May 11
5534 May
8
10254 May
3
107
May
1
10634 May
2
106

5634 Mar.
May
May

5634 Mar. 15
4734 Jan. 11
4434 Jan. 10

35

27

65
May
43 54 Jan.
4234 Jan.
102
May
10334 May
9934 May

Jan.

4

109 54 Apr.
120
Feb.

18

10154 Jan.

24 34 May
104 34 May
11254 May
10134 Jan.

3

39

17

6

70 54 Jan.

25
May 11
5534 Apr.
8
18 102 54 May
3
21 10754 Feb. 14
24 106 34 Apr.
8
106

_

1

1977

1977
O
(J

54
34
34
34

O

4s April 1914 coupon off
1951 A O
a Assent warr & rets No 4
onl951 A O
National Steel 1st M 3s
.1965 A O
378,000
Nat Supply 1st mtge 3 54s
1954 J D
a

1954 MN
1948 J D

102

34
34
54

54

5

134

134

3

73
124

J

35

134 May

8

154 May

60
Sale

104 54 105
10454 Sale
69

-

—

12434
42

4134

4454

10134 Sale
10034 May 15 10534 May
10234 10234 102
May 14 10534 May
60

67

11854 121
3254
34
3254 ' 42

120

May 24 120
May 24
May 13 43
May 13
3134 May 24 4334 May
7
42

Apr. 30
54 Apr. 26
54 Jan. 19
54

34 Jan. 25
54 Apr. 30

8

34
Sale

68

3334

-----

34

123

J

54
34

Apr. 30
54 Apr. 26
34 Jan.
3
54 Apr. 26
34 Apr. 22

1

54
54

34
34
54
34
34

& rets No 4 on 1957

guarl945 J

May
May
May
May
May
May
May 11
May 18

7034
3554

117

Sale

15
2334
3
2034
22
3234
26
22
39
21
23
3834
11
5034
22 106

103

109

3634
10854
116.

1934 May
May
2 54 May
1
9
1934 May
9
1934 May
8
1934 May
18
May 11
1
154 May
1
1934 May
12 34 May 21
1934 May
1
1934 May
9
79
May
1
19

56

"43""

6
24
21
21
28
21
17
21
21
22
29
1

79

56

21

56

79

51

1955 MN
1968 J D
1947 MN

May
May
May
May
May
May
May
May
May
May
May
May
May

20

110

100

13

65

2334

40

1945

9

9 107

19

61 34

5

134

55

4134

4s

1

60

2

107




Sale

Sale
1934

Sale

5

1854 May

134

654
6

534

1955 MN

a

May

73

Sale

2

2000

4s April 1914 coupon on

2

83

May_20..10£34-Aiay„28J03-,~-May:2Q

IIO34 May 23 11154 May
3
60
40
May 23
May
4
534 May 22
734 May 27

4

7
2
3

10634 Sale

30.

1934 May
1
May
1
7534 May 10
77 34 May
3
67
May
2
81

54

9834
1754

73

.....

Sale

page

34

"

90

6734
Sale

10354

Sale

see

18
22
27
21
21

46

82 m Jan.

2 11234 Mar. 27

18

6634

106

For footnotes,

Sale

66

10434

cons 5s

Sale

40

14J4

National Rys of Mexico—
a
4mb Jan 1914 coupon on.1957
a 434s July 1914
coupon on.1957
a 434s
July 1914 coupon off. 1957

5,000 t a New England RR
a Cons guar 4s
36.000

1534 May
May
May
60
May
50
May

84
43

19

60

6

D

J a Naugatuck RR 1st g 4s
Newark Consol Gas 5s

8054
5334
4534
83 54

70

76

68

534
34
1854

National Dairy Prod deb 3 mb ww
'51 MN
Nat Distillers Products
334s
1949 M S

April 1914 coupon off

21
27
23
21
21
21
14

72

68

1454
1354

a Assent warr & rets No
5 on 1977 A
Nat RR of Mex prior lien 434s—
*
a Assent warr & rets No 4 on.
1926 A
10,000
a 4s April 1914
coupon on
1951 A

10",000

7534

Serv—

a

133,000

1654
72

4234
10234

warr

1
2
May
7
May
3
May
1
May
8
May
9
May 24
May
9

7034 May
39
May
32
May
76
May
76
May
39
May
4334 May

Feb.
Feb.

7334 Jan.
10534 Feb.
1534 Apr.

80

11

70

A

F

Certificates of deposit
National Acme 434s extended... 1946 J

Assent

3134

Sale

Sale

Nashville Chat & St L 1st 4s A.. 1978 F
Nassau Elec guar gold 4s stpd
1951 J

a

79

May
9
7634 May 28 83
10654 May 15 10654 May 15

'8554
Sale

81

1955

„

5254
44 34

"8834

1334
1434

i

1955

Constr M 43^s ser B
Mountain States T & T 334s
58,000
Mutual Fuel Gas 1st gu 5s
42,000
Mutual Union Tel 5s_.
1,000

Sale

80
35

Sale
Sale
834

1955

Gen & ref s f 5s ser D

Sale
38
Sale

53

1454
1654
734

.

Morris & Essex 1st gu 334s__
Constr M 5s ser A

75

Sale Prices

9434 May
1
28 95J4 May
9
29 9534 May
9
31 12634 Jan. 24
23 12934 Mar. 25
28 86 54 Apr.
4
Jan.
2
29 110
20 11134 Mar.
9

9334 May 24 102 34 May
7
8434 May 22 9434 May
6
78
Jan. 26
May 29 88
76
83 54 May
May 23
7
101
May 29 10434 Apr.
4

104 "3! May
104u32May
98
81
May
May 22

Sale

46

Sale

.1960
107,000
.1965
100,000
779,000 Montana Power 1st & ref 354s— 1966
Mont Tram 1st & ref 5s series A.1941
14,000
General & refunding 5s A
1955
Gen & ref 5s series B
Gen & ref s f 434s ser C

55

15

1978
ACum adjust 5s series A Jan 1967
t AMissouri Pacific RR Co—

7634

86

Sale

Sale

Pr lien mtge 4 34s ser D

9334 May 24 10234 May
9434 May
8434 May 22
May
May 29 87
83
76
8354 May
May 23
101
103
May 29 10434 May
May
May
3 a79
7834 a79

7134
4154
3354
8034

Sale

1434

J

May
87
May
12034 May
120
May
75
May
10754 May
10834 Jan.

78

10634

25

J

76

Sale

73
3034
554
a
15-4 Sale
2
54
634 Sale
534
554
634
634
3
254
134 Sale
55
5034
63 34
64
2954 Sale

87

112

75

49

Sale

89

106

"79"

4434
8554
3134
1934

Sale

M S

74

81

15

Q
J

May
May
May
May
128
May
8534 May
110
May
11034 May

1

Highest

Sale Prices
Jan.
10

94 34
9534
9534
12434

85

100

Sale

27

M S

18
28
29
31
23
28
29
23

Sale
79

"81"

8054
5234
4534
82 34
8234

D

MN

84

104 "32 Sale

M S
J

9334

Sale
~ "

83

10434
7934
11134
7734
10654

J

40-year 4s series B

Monongahela West Penn Pub

5,000
21,000
285,000
7,000
620,000
275,000

9134 Sale
74
6534
10134 Sale
934
1234

19

a
Montgomery Div 1st g 5s
1947
22,000
ACertificates of deposit
5,000
a Refunding & Improv't 434s.l977
132,000
ACertificates of deposit
:
35,000
*
a Sec 5% notes
1938
236,000
ACertificates of deposit
77,000
Mohawk & Mai 1st gu g 4s
1991
3,000
12,000 Monongahela Ry 1st M 4s ser A I960

Sale
Sale
Sale

88

1962

_

209,000
27,000
177,000

13

Prior lien 5s series A

Alst & refund 5s series A
1965
292,000
a Certificates of
deposit
5,000
AGeneral 4s
.1975
518,000
a 1st & ref series F
1977
1,118,000
a Certificates of deposit
59,000
A 1st & ref g 5s ser G
1978
323,000
A Certificates of
deposit
22,000
A Convertible gold 5 Ms
1949
234,000
a 1st ref gold 5s series H
1980
371,000
a Certificates of deposit
5,000
a 1st & ref 5s series I
1981
400,000
a Certificates of
deposit
14,000
12,000 t*a Mo Pac 3d 7s ext at 4% July 1938
JMobile & Ohio RR—

7

S

M S

10154
9334
8654

11134 11154 HI

8634

634
34

M 5

J

Sale

May
May
87
May
12034 May
120
May
75
May
10754 May
10834 May
87

10054-10234110034 May 28 103

A

23,000

Sale

...

64

F

653",000

12034

50

5134

A

M

87

Sale

92

Lowest

Sale Prices

Sale Prices

Ask

9154
87 54

73

M S

D

Sale

97 34

98,000 Metropolitan Edison 434s ser D-1968
18,000 Met Water, Sewer & Drain 534s_1950
43,000 *t AMet West Side Elev (Chic) 4s 1938
a Mex Internat 1st 4s asstd
1977
a Miag Mill Mach 1st s f g 7s—1956
Michigan Central RR—
Jack L & S gold 334s
1951
1st gold 334s
1952
Ref & Imp 434s series C
1979
Michigan Consol Gas 1st M 4s__1963
t a Midland of N J 1st ext 5s
1940
X Milwaukee & Northern RR—
*
a 1st ext 4Mb
1939
*
a Con ext 4Mb
1939

95

'8634

Sale

11034 11134 10834 110

Sale

1980
1945
South Ry joint Monon 4s
1952
Atl Knox & Cin div g 4s—___1955
±Lower Austrian Hydro-El 6 34 si 944

Sale

12454

10034

1946 F

Ask Bid

9434
9454

12734 12934 12034 123
Sale
77
8454 Sale
10954 Sale
10754

9254
8634
8154
10234
8234
11054
7534

--2003 A

Bid

Highest

Lowest

May 31

127

100

St Louis Div 2d gold 3s
Mob & Montg 1st g 434S

i5i~666

89

1

12734

2003 A
2003 A

1st & ref 3 Ms series E
Paducah & Mem Div 4s

9134
Sale

2003 A

1st & ref 4s ser D

May

Ask

3,000 Long Island unified 4s.
—-1949 M S I 89
Guar ref gold 4s.
189,000
8834
1949 M S
98,000
4s stamped
87M
1949 M S
60,000 Lorillard (P) Co deb 7s
-1944 A O 126
5s debenture
20,000
1951 F A 12554
83
J
139,000 Louisiana & Ark 1st 5s series A_ 1969 J
20,000 Louisville Gas & Elec 3 34s
1966 M 5 110
23,000 Lou & Jeff Bridge gu g 4s
1945 M S 10754

RANGE SINCE JAN.

PRICES IN MAY

Price

Sales in
May

34 Feb.
10034 May
May
70
Jan.

Apr. 26
34 Apr. 29

134 May
8
54 Apr. 30

23
34
15 105 34
14 10534
71
19
120
May 24 124 54
36
Jan.
4
4334
43 34
3134 May 24
102

Apr. 15
Apr. 19
8
May
*

Jan.

11

Jan.

31

Apr.
May

13
7

el I

i,

Sales

30-yr 5s A.1952

74

N J Junction RR gu 1st 4s
N J Pow & Light 1st 4 js.

22
104

158
21

15
41
4

2

50
1

108
21
1

Ask

Bid
New England T & T
1st g 4J*s series B

J

D

MN
.1986 F A

1961

—--I960

1983
4**s ser A-1952
New OrleansP S 1st & ref 5s A.-1952
1st & ref 5s series B
1955
New Orleans Term 1st 4s guar. -1953
A O
J*aN O Tex & Mex income 5s..l935
ACertificates of deposit-—----AFirst 5s series B
—1954 A O
ACertificates of deposit

New Orleans Great Nor 5s ser A

_

N O & N'eastern ref

Alst mtge gold 5s series C
ACertificates of deposit

1956

Alst 4**s series D
ACertificates of

1956
deposit

1954

F

A

"70"

W*
69

Sale

It*

52**
105** 106

igSK

68?*
34?*

29**

156

627
248

219
196
116
6

277
763

101
19
59

98
35

74
25
129

62
58
45
6
1

20

5,

17"
26

20

16
441,
104,

85,
299,
111,
313,
45,
1

6,
32,

16,
21,
219,
94,
2,
84,
22,
50,

14"
331,
110
22

246

288,
92

18,

186,
200,
163,
195,

"6"
13,

1998

Consol 4s series A

-1946
2013
2013

10-year 3 54 s secured s f
Ref & impt 4**s series A
Ref & impt 5s series O
Conv secured 3 **s

— —

1997

N Y C & H R g mtge 3**s
Debenture 4s of 1912

34**

F

A

61

A

O

74 h

Sale

A

O

55

Sale

A

O

60?*

Sale

61

Sale

350,
307,

,476,
111,
149,

308,
1,

21,

160"
31

217
54,
51

84!
5
48

44
35

277
94

31
316
260

145

MN
J

A

^

aN Y & Greenwood Lake

4s
1947
3*s
1947
**8
1954
ANon-conv debenture 4s.
-1955
ANon-conv debenture 4s_
1956
AConvertible debenture 3 3*S-- 1966
AConvertible debenture 6s
1948
*ACollateral trust 6s
1940
a Debenture 4s
--1957
Alst & ref 4 **s ser of 1927- - - -1967
t a Harlem R & Pt Ches 1st 4s. 1954
AN Y Ont & West 1st g 4s_ —1992
AGeneral 4s
1955
aN Y Prov & Boston gen 4s---1942
J Y & Putnam 1st con guar 4s__ 1993
T Y & Queens El Lt & Pr 3 J*8- -1965
l"ew York Railways CorpaN on-con v debenture

ANon-conv debenture 3
ANon-conv debenture 3

-

-

Sale
Sale

O

16?*
16**

15

16

17*4
20
Sale
Sale

3254 Sale
5?* Sale
18** Sale
62
60*4
53* Sale
2?4
354

MN
M S

J

D

78

—

—

—

•»

54

w

1093*

J

105

J

9

A
A

1946 J

- - ------

D

1946

y~j
M S
A

O

MN
F

A

MN
A

O

A

1959 F

Debenture 4s

North Cent gen & ref 5s ser
Gen & ref 4**s series A—
iNorthern Ohio Ry—

5*4
5*4

38*|

Sale

A

A

A.. 1974

M S

1974

Sale

954
6**
9
42

110

1105*
86
803*
83 54
8854
4?*
4**
10954 11054
10854 10954
1033* 103**
12*4 Sale

11**

1949 F
1954 F

North Amer Co deb 33*8Debenture 3?4®

54

36

Sale

20

56

May
104** May
104?* May
69
May
31
May

3
10
8
2
9
9
7

Sale

38

26
40

27?*
17*4
106M

30
38

74

Sale

Sale

40?*
45 h.

Sale
Sale

Sale

45

Sale

77?*
94**
60**

Sale
Sale
61**
57?*

69**

75
69**

54

57

Sale

50*4 Sale
43** Sale

Sale

-----

Sale
Sale

Sale

86
88

Sale^
Sale4

48**

56**

73

72

82*4 Sale
Sale

69
101

_

105

47*4

56**

Sale

49
54

Sale

105**

Sale

105

107

58

Sale

57

122?*
106
106*4
105** Sale
106** Sale

M S

1053* 117

36
36

97
44

62

23*4 May 23 36**
31** May 14 31**
May 21 38
May 16 35**
111
May 28 111
27
33

Sale
Sale

12**
10134
52 34

May
May
May
May
May

44** May
74
May
May
43
May
42** May

28
23
21
21
21

68?4 May
88
May
54** May
55
May

28
25

11
14
7
11
28

58 34 May
81
May
53*4 May
59*4 Ma#
58*4 May

7754 May
94 H May

38

24
11

45** May 21
38M May 21
73
May 24
82
May 22
66
May 28

65?* May
May
86** May
87
May
83
May
56

_mz_
ilOJL_.May..27ll
May 17^
108*4 May

"Bale" 105

Sale

13?*
17
99H 101H
56** Sale

37** May
8
May 10
May 11

May 24
May 24
May 11

,38

.....

43**

47

May
May
104** May
105
May
46

• 2
24 56?* May 10
9
21 46** May
28 10954 May
9
4
28,110?* May

120?* May 29 125
May 10
115
May 29 117*4 May
4
11?* May 18
May 21

49 *4 May 21

13?* May 10
97
May 21
56** May
1

11

18

97

62

"75"

77**

89
90

58

80

75
99**

25

74

60

99**

19**
20**

10**
10**
10**

79

18

16?4
16?i
18 **
18**
16?i
20 ?4
34?*

251H

20

22

11

19

11

19*4

11

15

14

13

13**

Sale

Sale

22

Sale

Sale

3

Sale

13

58

3?*
13 34
Sale

3*4 Sale
1 **
2**
75*4
"46" 33** "48"
45
109?* 110** 107** Sale
105
105H 108
105 ?4 106** 102

106**

?gs
10?4
54

110**
88*-*
91

5**
110
108

Sale
Sale

14**
Sale

59
Sale

90**

74

92

72

334
110** 107 34
107**
Sale

103** Sale
16?*
16*4
76?*

125*4

101**
7*4
5**
8**
50**
106**

17*4
17**
78
Sale

98

9**
8?*

55**
119

106
106** 103?*
1025*
106*4 107
108?* Sale

May 22

May 10

13

12**
1534

Sale

70** Sale
5?4 Sale
3
3?4
85**

11?* May 27 18
11
May 25
18?*
10
19
May
10
May
18**
12** May
2054
35
203* May
5*4
2J* May
12
21
May
58
May
72
3
May
6J*
3
1*4 May
85
85
May
45
47
May
107
May
11034

May
6
May
4
May
2
May
8
May
1
May
4
May
1
May
1
May
6
May
9
May
6
May 16
May 10
May
8

108** 105
May 21 107
May
Sale
1003* May 23 106** May
Sale

May 22 107** May
213* May 15 29
May
10*4 May 14 10*4 May
8
Sale
May 28
12** May
54**
523* May 20 573* May
Sale
106
May 21 111
May
90**
78
78
May 28 91
May
4
35* May 22
5*4 May
Sale
107 34 May 14 1103* May
Sale
107
May 29 108** May
Sale
97** May 29 104** May
Sale
8
May 21
16?* May
Sale
16
7?* May 21
May
65
May
56*4 May 27 77.
Sale
118-?* May 29 1263* May 10
105
3
1023* May 15 106 J* May
Sale
101
May 28 10654 May
2
Sale
2
102*4 May 24 108** May
101

21*4
14

114

107

108**

A

O

61

A

O

lien 4s. .1997 Q
Q

J
F

J

J
J

46**
57**

Sale
Sale

49

J

J

J

49

Sale
Sale

52

64

50

May 18 1083* May 10
May 21

61

May

6

40

Alst gtd g 5s
Alst mtge g 5s (stamped
lation of guarantee)

1945
cancel¬
1945

40

.

3s..Jan 2047
4**s series A
2047

Ref & impt
Ref & impt 6s
Ref & impt 5s
Ref & impt 5s

series B...
2047
series O
2047
series D
—.2047
Northern States Power 3**s —.1967
N'western Teleg 4**8 extended_ 1944
Dgden & Lake Ch 1st guar g 4sl948
lio Connecting Ry 1st 4s._ — .1943
aio Edison 1st mtge 4s
1965
1st mtge 4s
—1967
1st mtge 3 548—
1972
Idahoma Gas & Elec 3?48
1966
4s debentures
1946
atario Power N F 1st 5s
1943
atario Transmission 1st 5s
1'945
•egon RR & Nav con g 4s
1946
regon Short Line 1st con g 5s. -1946
1st guar cons 5s stamped
1946
•e-Wash RR & Nav 1st & ref 4s 1961
As Steel 1st mtge 4**s A.....1962

J

J

F

A

J

J

J

J

M

S

MN
M 5

Sale
Sale

49

109?*
95

J

D

110

J

D

F

A

106
107.9

MN
J D

Sale
.....

7?*
a
9**
108** Sale
108** Sale
108?* Sale
106** 106?*

J

69**
42**
59
52

109?*
90

5J*
108?*
107**
109*4

63**

47
Sale
Sale
Sale
Sale
Sale
Sale

Sale

6**

Sale
Sale
Sale
Sale

59** May 28
313* May 21
333* May 21
45
May 21

43

Sale
Sale

40*4 May 23
40
May 21
1053* May 28
95
May
8

43

106*4

95

Sale

1053* Sale
1015* 103
1073* Sale
10354

Sale

109**

Sale
108

106

Sale

96

Sale

105

10454
101*4
107**
103
96

99 ?4 100 h
104** 11734
111** 108
110** 111** 108
Sale
113
117** 113
117
118** 113*4 115** 113
118
Sale
104
Sale
104**
107*4

J

116

J

117

118?*

J

105**
76 h

Sale
Sale

75?*

75**

60

Sale
Sale

58**

59 X

53

D

59
113

D

112?*

Sale

D

108?* 109**

3 ** s series I —1966 J

Sale

105

Sale

113

70
May
43?* May
May
60*4 May
54** May
55*4 May
11034 May
95
May
49

.

5** May

2

1083*

J

D

3?* May 23

3

J

icific Coast Co 1st g 5s_.____1946 J
icific Gas & El 4s series G
1964 J
1st & ref mtge 3?48 series H__1961 J

Sale

Sale
Sale

105?* 117?*
110** Sale

49

60?*
34?*
393*
48?*

95

109*1
105

45

J

J

For footnotes see page 30.

68?*
42

J

J




99**

15

J D

40

72**

75"
75

J J
J J
A O
MN

35**
111**

24

26

70

61

"75"**

37

23

28
37**

40
38

-----

11?*
13?*
100*u 102
53** Sale
65
62**

15**
15**
1554
19*4

MN

18?*

73*4 May
45

25**

125**
121?*
116?* 117** 115

125** Sale
117**

63

27**

109**
109**

Sale

J

J* aN Y Westches & Bos 1st 4 J*s 1946
Niagara Falls Power 3**s------ 1966
Niag Lock & Ont Pow 1st 5s A. _ 1955
Niagara Share (Mo) deb 5**®-- 1950
*t ANorfolk South 1st & ref 5s A - 1961
ACertificates of deposit*1 ANorfolk & South 1st g 5s.... 1941
Norfolk & West Ry 1st con g 4s. 1996

1st & ref mtge

Sale
Sale

J J
MN

1943 MN
J
1967 J

1st s f g 6s

Northern Pacific prior
Gen & lien ry & Id gt

49?*

34

55**
54?*

Sale

109

M S
A O
A O

A O
A O

53

Sale

mm

109

1940 F

gold 5s.._--

ATcrminal 1st gold 5s.
N Y Tel ref 3 *4s series B
N Y Trap Rock
6s stamped

52

Sale

106*

105** i07

1937 F

3**s___- 1963
ref g 5s. 1937

t* aN Y Susq & West 1st
*
ASecond gold 4 **s.
AGeneral

77
10.c

1958 J 3 106?* 1083*
1951 MN 104*4 106

f Prior lien 6s stamped
IY & Rich Gas 1st 6s A
New York Steam Corp

.58?*

16

J

103

83

Sale

S

5s__1946 AfN

68**
33?*

65**
55?*
85**
86**

Sale

A

3**s2000 MN
f Y Lack & Western 4s ser A..1973 MN
Guar 4**s series B - ---------1973 MN
,NYLE&W Coal & RR 5**s_1942 MN
ADock & impt 1st 5s.-------1943 J
J
* Y & Long Branch gen 4s. —-1941 M S
*
aN Y & N Eng (Bost Term) 4sl939 A O
: aN Y New Haven & Hartford—

Sale

107 34 May
74
May

106?* May

May
103
May
Sale
101** May
65** May
58**
21
34?£
May

58

Sale

65

O

4 Y & Harlem g

70

80**
52?*
58?*

79?*

59

A

o

70
Sale

58** Sale

Sale

Z§*
86

J
A

1st mtge 3 **s extended to—-1947
A O
3-year 6% notes
.—--1941
,E_,.A.
.N. ^jQonneeting-let-gu 4-J^s-A—1953,
F A
1st gtd 5s series B ———---1953
F A
N Y Dock 1st gold 4s
---}951 A O
Convertible 5% notes1947
A O
N Y Edison 3 Hs series D
— -1965
A O
1st lien & ref 3*4s series E —1966
N Y & Erie—See Erie RR.
J
D
N Y Gas El Lt Ht & Pow 5s. —1948
F A
Purchase money coll tr g 4s—1949

67?*
26

Highest

1

Sale Prices
Ask
Sale Prices
Sale
122
May 15 127** May
6
Sale
123
May 21 128*4 May
8

57** "43**
46
55**
104
Sale
104** 107

35"

"32?* Sale*

107" "I"

J

l06?*

75

35

35** Sale

J

F

1942

Sale

37

37

J

J

Ask,Bid

70

107**

Lowest

May 31

28

"37**' "40""

3**s
-1998
F
Mich Cent coll g 3 3*s. — - - ~1998
New York Chicago & St Louis—
A
Refunding 5**s series A
1974
M
Refunding 4**s series C
1978
4s collateral trust
1946 F
Lake Shore coll g

ACertificates of deposit..

436"

1952

1

126?* 127 H 122%
123
127?* Sale

104

Sale

67

New York Central RR—

169

,475

Bid

74

AO

-

1945

Npt & Cin B gen gu g 4J*s

127
129**
125 %

FA

——

Alst 5 3*s series A. .
ACertificates of deposit

May

1940

N. Y. STOCK EXCHANGE

60

2

PRICES IN MAY

Jan. 2,

T
23

EXCHANGE—BONDS

Price

BONDS

Ma

Val

N. T. STOCK-

1940]

Sale

lll?i Sale
109H 110

110

108**
106

71

68

May
May
May
May
May
May
May
May
May
May
May
May

15 107** May
21 109*4 May
28 110
May
17 109** May
11 106
May
29 105
May
21 10054 May 21
24 111*4 May
8
29 1173* May
28 118*4 May
23 107*4 May
24 7554 May

53
May 31 60
10954 May 28 113
May 22 112
Sale 108
107** 1053* May 28 110?*

Sale
Sale

May
May
May

May

9
1
3
7

N. Y. STOCK

2!
tales

Vah

Jan. 2,

S

EXCHANGE

N. T. STOCK

RANGE SINCE JAN.

PRICES IN MA Y

Price

if
J"

BONDS

Ma

EXCHANGE—BONDS

May

1940

1

I

May 31

Lowest

Highest

Lowest

1

Highest

~

Bid

31
1

75
32

*

4s.. 938

iPacific RR of Mo 1st ext

75

Ask
80

938
966

68

80

*A2d extended gold 5s
Pacific Tel & Tel 3 Ms

series B__

C

4

Ref mtge 3 Ms series
Paducah & Illinois 1st s

05

966

Panhandle Eastern Pipe

27

38
17
12
0

—

f 4%s__ 955
L 4s A _ 952 M
Paramount Broadway Corp—
955 F
1st mtge s f g 3s loan ctfs
Paramount Pictures Inc—
947 M
3 Ms conv debenture—
944 A
Parmelee Trans conv deb 6s
Paterson & Passaic G & E 5s__. 949 M
APaulista Ry 1st & ref 7s ser A__ 942 M
Pennsylvania Co—
Guar 3 Ms coll tr ctfs ser B__.
Guar g 3 Ms tr ctfs ser C
Guar g 3 Ms tr ctfs ser D.
40-year guar tr ctfs 4s ser K_.
28-year 4s
- —
Penn Dixie Cement 1st 6s A____
Penn Glass Sand 1st mtge 4%sPenn Ohio & Detroit RR—
1st & ref gold 4Ms series A...
4 Ms series B
- - - ---—
Pennsylvania Power & Lt 3%s-4Ms debentures

S
A

S

O
S

S

109M 109 M
110M 110M
101%
104 M 105
48 M

124

84M
44

85

90

71

90

45

110%
111%
102%
104%

42

May 28

79

77

90
May 24
45
May 21
May 24 125
May
2 70

Sale

103 M May
104 M May
102

-----

89

75

103

104

Sale

85

48

Sale
Sale

Sale

21

May 16

21
21
M May 16
% May 10

110M 105
111M HIM 106
102
102M
103 M
42

46 M

76

43

40

121

112M
67 M

70M

70

Sale Prices

Sale Prices

Sale Prices

73 M May
75

60

110

69%

Sale

Ask

Ask Bid

126

125

67 M

78%
75M

51 h

50

83M
41M

Bid

May
6
May 16
May
4
May
3
May 16
May
9

10
17

284
101

60

95
457

269
21

Penn RR consoi

92

4

gold 4s—
Stamped dollar bonds
Gen mtge 3 Ms series C Consol 4%s issue of 1915
General 4Ms series A.
General 5s series B
Debenture gold 4 Ms
General i%s series D_
Gen mtge 4Ms series E-Convjdeb3% s.- - - - - - - - - Peoples Gas & Coke 1st 6s__ ___
Refunding gold 5s
----t*APeoria & East 1st cons 4s —
iOertificates of deposit
Alncome4s (flat)
-------Peoria & Pekin Un 1st 5Ms A_.

82

1st 5s series A__

20

195

137
631
239

545

374
189

532
20

41
30

*83"

45
98

532,
5

45,
1.

39
44,

gold 4s

Consol

-

Pere Marquette
lst 4s series B

-

-

bonds

Phila Bait & Wash 1st g
General 5s series

B

_

4s

952 M N
963 F A
941 M S

960 J

D

AConvertible deb 6s

109

948 AfN

113%
88 M

Sale

960

118

Sale

965

101M

968

108

970 A

O

95 M

Sale

952

85%
115 M

Sale

115

116M

943 AO
947 M S
940 A O
990 Apr

7M

974 F

A

956 J

J
J

----

f 4s.

59 M

D

110 M

Sale
Sale

59 M
109%

Sale

J

D

967 J D
967 MS
J
973 J
949 M S

937 J

J

952 M S

4Ms series A--B guar g
C guar g

940 A

O

O
942 M N

13

114

"3
1

57
274
49

260

233
414

200

542
93

""4

General g 5s series
General 4Ms series

970 J

B

C___
4s
Pitts & West Va 1st 4Ms ser A.
1st mtge 4Ms series B—
1st mtge 4Ms series C
--Pitts Y & Ash 1st gen 4s ser A__
1st gen 5s series B
1st gen 5s series C
1st 4Ms series D_
Portland General Electric

1st & ref mtge

5s

96
10

^*iRio Grande June 1st

36

;*ARio Grande Western 1st

36
32

"3
37
98
4

6%

7 M

96 M

98

102 M 103 M
107 M 109

108

D
O
J
D

959

8

Sale

Sale

101M
106 M

109%

115
107 M 108 M
103 M 108
99
95

107 M

Sale
Sale

43

45 %
Sale

Sale

51H Sale
51
•
53M
52% Sale

106

106 M

110M

974
977

106

110M
98 M

J

942

80 M

Sale

106 ys
62 M

Sale

61 M

64 M

953

18

Sale

109

Sale

951

80

956 M S
968 J

J

3%

84 Vs
4M

60

110M

ni%

148

153

149

223

224

109

Sale

109M

Sale

103 Vs

104

104

Sale

J

J

J

Gen mtge 3 Ms series 1
Gen mtge 3 Ms series J
*t a Rock Is Ark & Louis 1st 4 Ms
A Ruhr Chemical 6s

J ARutland-Canadian 4s stpd
jARutland RR 4Ms stpd..

Saguenay Pow Ltd 1st M 4Ms..
St Jos & Grand Island 1st g 4s_.
St Lawr & Adirondack 1st g 5s..
2d gold 6s
For footnotes, see page 30.

May 28

106%
66%
57 %
110%
105%
110

114%
110%
108%
106%
111%
15

3%

7%

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

13
31
2
1
3
6
4
10
1
18
7

51% May

May 24 90%
40
May 21 47
121
May 24 126
67% Jan.
2 72

101% Apr.
105% Feb.
May
104% Jan.
99
May
88
May
103% May
96

98

May

99

Feb.

10
27
28
24
6
7

20

2
13

115

Mar. 25

115

Mar. 27

92

Jan.

Jan.

Apr.

20

110% May
9
109% Apr. 19
109% Jan. 25

94% May
100% May
79
May
89% May
89
May
76% May
110% May
111
May
56
May
65% Apr.
3% May
106% Jan.
51% May
48% May
45
May
107
May
105% May x/
109% May 22
114

Feb.

101% May

104% May
100
May
108
May
111% May
111% May
81
May
117

Mar. 15

Mar.

107

1

Apr. 22
Apr.
2

102% Feb.
106
Apr.
107% Mar.
106% Apr.
105
May

102

6
24

Apr.
8
120% May
S
104% Apr. 30
110% May
3
91
May
8
99% May
3
99% May
6

.87% May
116—- Jan.

117%

3
22

Mar. 23

70

Apr. 30
65% Apr. 16
10

Feb.

19

107

71

Apr.
Apr.

60

Apr.

11
6
6
4

62
Apr.
111% Jan. 10
105%, Apr. 29
110% Mar. 26

20 115

Jan.

106% May 29 110%
104% May 311108%
100
May 28 106%
108% May 221111%
15
9% May 21
4
2% May 21
3 % May 21
8%

3

May 18
May
7
Feb.

19

Mar. 12

May
9
Apr. 11
Feb.

21

28 110% May

1

May

8

93 % May 28 101

May 22
May
2
May 21
May 17
104% May 17

101%
106%
108%
110,%

May
May
May
May
May

109

May

May 31

103

105

105
115

109

Sale
103
92 % Sale

99

May 29 109% May

4

115%

109

Mi

100 Vs

May
9
May
9 118
2
99% May 22 107% May
100% May 25 107% May 10
9
92% May 31 100% May

118

104% May 28 112% Feb.
93% May 28 101
May

May

103

Jan.

5

106% May
108% Mar.

108

Feb.

28

101 %6

109

108% Feb. 28

108

Jan.

112

Mar.

4

104% May 17
May 31

104% May

109

Feb.

Feb
110
5
109,% Feb.
105
4
May 29,109% May
18 116% Mar. 19
116
Jan.

115%
99%
100%
92%

Feb. 16 118
May
9
May 22! 108% Jan. 10
May 25 107% May 10
May 31 100% Apr. 30

D

52 M

J

D

42 M
41 %

Sale
47 %

Sale
Sale
9S% 117

43

.

50

40

May 20

52%
52
May 22
40
May 21
53
103
May 28 106%
110 % May 24 110%
40

May

9

40

May

2

40

May
2
May 10
May 24

40

103

May
May
May
May

110% Mar.

20 53
53
22
53
21
28 106%

Apr.
Apr.
Apr.
Apr.
7 110% Mar.

15
30
16
23
7

-----

-----

Sale

Sale
Sale
Sale

Sale
Sale

66

1
73% May
106% May 23
9
81% May
2
81% May
2
25% May
106% May 31
81% May 10

May

106 % May
67
May

67
May
14% May
106% May
79% May

66

5
81% Jan.
107% Feb. 23
86
Apr.
8
8
85% Apr.
25% Feb. 28
110% Mar. 30
7
84% Mar.

May

104

Jan.

59

Jan.

58% Jan.
14% May
106% May
79

Jan.

Jan.

3% Feb.

3%

63%

63 % Mar.

106% May
140
143% 140,
May
222
May
106 % Sale
106
May
100
100% 100
May

25
28
10
28
20

111% May 15
150
May 13
226
May
3
110% May
8
104% May 10

113

106% May
140
May
222
May
106
May
100
May

5

Mar. 16

Apr. 19
May 13
May
3

150

226

110% May

8

Mar. 27

105

D

J
A

O

J

J

J

J

MS
M S
MN
F

A

MN
MN
J

J

J

J

Sale

55 H

Sale

W2
73

Sale

99

M
96 M

^8 M
95

j'J

77 M
Sale
99 M

56%
69%
69%
101%
100%

56

Sale

19 M

"98""
106%
Q«

13 M

15

50

60

50

50

Sale

50

62%

Sale

Sale

62

65

Sale

92%

93

Sale

92

Sale

60% May
66% May
92
May
91
May

90

955 A O
952 M S

952 J
955 F

J

15%
Sale

107

105

105

49

Sale
1-2 M

Sale

93%

95%
12

14

18

12% May 10
May 13.

13

Sale
109% 104
Sale
104% 106

11%

108

966 A

O

97

13

50

20

50

23

May
May
May
60% May
66
Apr.
92
May
91
May

22

Feb. 20
64% Feb.
9
60% Feb. 23
75% Jan.
9
65

19

75

24

102

Jan.

5

Feb. 26

27 1 00% Feb.

19

9
98% May
90% May 22
Mar. 25
May 21 109
9
98% May
92
Jan. 26
6
99% Jan. 27 103% May
30
Feb. 29
26
Jan. 19
17% May 10
14
May 29
15
Jan. 30
15
Jan. 30

15% May
16
May

8
3

103% May 16 107% May
May
1 105
May

105

3
1

36
20

6%

33

25

20

9%

5

May 21
May 28
% May 23

% May
8
0 % May
3
10% May 13

15% Jan.
12% May

16

13

May

16* Mar. 14

Feb.

33

109 Mi

8

17% May 10

17

Sale

40

109 M
105% 107 M
10
7 %
16 %

8

May 29

50

103

19

10%

107

J

1
1

15

30 Mi

967 M
967 M

941 J

2
2

90% May 22
98% May
103
May 21 106% May
Sale
92% May 28
98% May
99% 100 % May 22 103% May

19 Mi

"36""

120

934 M S
948 A O
949 J
J

58

71% May
May
101% May
100% May
71

8

977 M

969 M S

May 10
May 20
May
6

Sale

Sale

10M
28*

50

14

13 M
108

102 %

949 A

52

100%

92

104

Sale
Sale

14

A

May
May
May

Sale

23

13 M
13 %

48

"57%

102% 102%
17 %
14

25
43

100%

100%

107% Sale
95 M Sale
100 M 100 M
20 M
12%

50

50

15

5s 939 J
4s 939 J

A__

104 % May

101 %
101%.
106% 107% 106 %
108 Ma
10%%
llO Vi
110%
104%
104%
109
Sale
109

Sale
67 %
106%
80
81M "82 M
81M Sale
79%
16%
22% Sale
109
110M 106 %
81M
76 %
79%
5%
3 M
1%
65 M
65%
108
111M

952 MN

g

Sale.

98

146

953 F

guar

93%

73%

950 MN

& coll tr 4s series

Sale

105

98Mi

219

1953

Sale
3
5

106 M

966
957 MN

%
2%
4 H

104

100

J

Sale
108 %

10

7

3% May
106% -May
51% May
48% May
45
May
107
May
105% May
109% May
114% May
106% May
104% May
100
May
108% May
9% May
2% May
3 % May

Jan.

May
4
Apr. 19
Apr.
8
Apr. 15

108

962

942

108

-----

110M
109 M
115M
115 M
107 M 107 M
107 M 108
100 M Sale

948

960 M S

2

110% May
9
109
May
1
109% May 14
115
May 14
114% May
92
May
120% May
104
May
110% May
91
May
99% May
99% May
87% May
113 % May. 7
117% May
1
70
May
1

104 H May
100
May

May

May 21 110%
May 21 112
Apr.
8 102%
Jan
12 105

8M

105 M

116

44%
44 M

960

Sale

108 M

,

108 %
108

6M
110 M
110M

108 M
111

M

105

943 MN
958 J

iioM

110

3M
7 M

J

Rochester Gas & El 4 Ms ser D__
Gen mtge 3 Ms series H




102

108

O

Richfield Oil 4s conv deb__
Richmond Term Ry 1st guar 5s.
ARima Steel s f 7s

con

Sale

110M Sale
13 M Sale

12 M
3 %

D

A Direct mortgage gold 6s
aCous mtge 6s
iCons mtge 6s

"6
.101

975 A
977 J

Purity Bakeries Corp s f g 5s... 948
X ARadio-Keith-Orph pt pd ctfs
for deb 6s & com stk (65% pd)
"^Debenture gold 6s
1941
*
a js stamped
1941
Read Co Jersey Cen coll g 4s—1951
Gen & ref 4Ms series A
1997
Gen & ref 4Ms series B
1997
Remington Rand deb 4Ms w w.1956
4 Ms without warrants
1956
Rensselaer & Saratoga 1st gu 6s -1941
Republic Steel Corp 4 Ms ser B_ _ 1991
Purch money 1st 5Ms conv. -1954
Gen mtge 4Ms series C
1956
Revere Copper & Brass 1st 4 Ms. 1956
ARheinelbe Union s f g 7s
1946
a3 Ms assented
1946

Alst

106

Sale

968 A

ARhine-West Elec Power 7s
10

48 M
107 M

Sale

2037 J
-2037 J

1st & ref mtge 8s__
Pup Serv of Nor 111 3 Ms

ARhine-Ruhr Wat Serv 6s

~8

47 M

106

D

957 M N

13
48

4M
Sale
58

51

110%
11 %
3M

109 M
105

960 F A
963 F A
964 MN

Con 4Ms series ig
Con 4%s series J guar
Gen guar 5s series A

% AProyidence Secur deb 4s gu—
t a Providence Terminal 1st 4s—
Public Service El & Gas 3%s.-_

150

60

8

77

58

3 M
106 M

110
109 H
115
114M Sale
109 M Sale
105 H 108H
108 % 109 M 104 % Sale

109 M 110
110M 115
106 % 107
196M

A

Con 4s series H guar g

15

4

Sale
Sale

Sale

948 M S

4%s__
lst 5s extended to 1950
J iPorto Rican Am Tobac conv 6s
a6s stamped
----t*APostal Tel eg & Cable coll 5s _
Potomac Elec Power 1st M 3 %s.
Pressed Steel Car deb 5s

988

9%
110M

57 M

6

Pitts Va & Char 1st guar

294

107

Sale

Con 4s series G guar g

12

9M
110M

101

50

58

949 F
953 J

196

106 M
65

7 %

Sale

945 M N

582,

Sale

Sale

108

66 M

Con 3 Ms series E guar g
Con 4s series F guar g

3,

Sale"

Mar.

97 % Feb.
105 %

114% 114% 111M 113
114%
111M Sale
82
Sale
91M Sale
117
117 M
119%
96
Sale
103 M Sale
Sale
110
101M Sale
89 % Sale
81
Sale

Sale

Con 4s series D guar g

25

69 M

Sale

Sale

109 M

60

1,

50,
161,

Sale

984

1,

62",

Sale
Sale

87 M
96 M

2,

59,

Sale

970
981

942 A

248,

113 M

103%
104%
102%
103%
42

May
7
14 106
24 106% May 15
May
2
10 106
May
8
21 105
97
May
6
27
May
2
31 107

May
111% May
111% May
81
May
117
May
94 % May
100 % May
79
May
89 M Sale
89 H May
98 M Sale
Sale
90
Sale
89
May
87 M Sale
78
Sale
76% May
113 M 413% 110M-113M 110>2 May111
May
117 M Sale
111
114
Sale
70
56 M
56
May
69 %

Sale

100

75

1

May 21 101% May

Sale

97 M
94

96

96

1C9M
114M

A

Con 4Ms series
Con 4Ms series

l",

98

109

974 F

4Ms A._

P C C & St L g

66,

98%

943 M N
948 AfN

Phillips Petroleum conv 3s____-

5,
15,

"

94

105 M

107M

100% 101
98%
109 M Sale

981 J

X* APhilippine Ry 1st 30-yr s
iCertificates of deposit
Pitts Coke & Iron conv

"6",

Sale

103

101% 102% 101 % 102 M
105 M May
105%
102
May
102
104
106
106 %
103M 105 M May
99
May
100
Sale
104% Sale
96 M Sale
88
May
90 M Sale
107
103H Sale 103 H May
105 Vs

106
104M 104%

Sale

977 J

gold 5s
ref 3 Ms
X APhila & Read C & I ref 5s._.

72,

2,

-

108 M
108

977 A O
J
981 J
969 F A

943 MJV
974 F A

_ -

Phila Electric 1st &

852",

105 %

980 M S

Phila Co secured

87,

102M
104 %

D

952 J

General g 4Ms series C
General 4Ms series D

230

221,

D

944 J

---

525
239,

A

942 J

956 J

1st g 4Ms series O - - --Phelps Dodge conv 3 Ms deb
Jailed

941 F

85

74

May
9
May
9
May 15
May
2

51% May

_

"¥

Sale Prices

73% May 21

Mar. 29

Apr. 26
Mar. 29

17

14%
103% May
103% Mar.
9
Apr.
33
May
20
May
5% May

109

Jan.

105

Jan.

19

10% Jan.

20

9

Mar. 11

40

34% Apr.
12% Apr.

5
8

122%

13

9M
Sale

109%
7%

107%
105% 108
Sale
110% 106
105
8%
5
4%
7%

105

May 22 110% May
May 24
8% May

21

6%
5%
91

9
6%
Sale

947 J

J

996 J

J

94

70

996 A

O

80

65

8%
10
69
104

111%

109 %

Jan. 29
108% Jan.
8 111
May 22 110% Apr. 18
Feb. 21
5
May 24

111

23
_.j__

Sale

May 14

6

4

May 23

6

68

May 29

91

6

14
May
3
May

May

1

111% 111% May 22 111% May 22
70
59

6
4

"

7

21

May 14
May 23

9

Mar.

Mar.

7

Jan.

2

Jan.

23

68
98% Feb. 15
May 29
Mar. 18
110% Jan. 16 112

N. Y. STOCK

June, 1940]
Sales in

2*8

BONDS

May
Value

29

EXCHANGE—BONDS
PRICES IN MAY

Price

RANGE SINCE JAN.

1

Jan. 2,

May

1940

N. Y. STOCK EXCHANGE

$

Ask

Bid

Bid

1

|

Lowest

May 31

Ask Bid

Highest
Sale Prices

Sale Prices

Ask

Lowest

Highest

Sale Prices

Sale Prices

St Louis Iron Mtn & South—

216,000
i*River & Gulf Div 1st g 4s—1933
12,000
ACertificates of deposit
90,000 1 ASt l Peo & n w 1st 5s
.1948
80,000 St Louis Pub Serv 1st mtge 5s__1959
4,000 St l Rky m & Pac 5s stamped- .1955
X ast Louis-San Francisco Ry-—
535,000
APrior lien 4s series a
1950
226,000
ACertificates of deposit
279,000
APrior lien 5s series b
1950
38,000
ACertificates of deposit-1,050,000
ACon m 4 54s series a
1978
267,000
ACertificates of deposit stamped

6154
61

Mn

y~j

Sale
Sale

2154

25

63

M S
J

J

5854

j

J

1124 Sale
1.154 Sale

j

J

12

98,000 x ASt Louis Southwest 1st g 4s—1989
13,000
A2d gold 4s income bond Nov 1989
74,000
*Alst terminal & unif 5s
-.1952
93,000
AGen & ref 5s series a
1990

Sale

1154

Sale

1154

Sale

6154 Sale
6054
68
2454 Sale
6354 Sale
4254
4654
13

1254
1354

Sale

1224
14

Sale

4854 May
15
May
5554 May
37
May

61

1554
5854

17
Sale

30

33

854
754
954
854

1354
1254

Sale

8

Sale

1154

12

Sale

754

Sale

m N

60

64

j

j

J

j

27 54
17 54

6354 Sale
3054
3754
1954 Sale
1254 Sale
7924
5
654
654
754

j

St Paul & Duluth 1st consol 4s__1968 J
~2~, 000 ASt Paul e Grand Trunk 454s.-1947 J
43,000
ASt Paul & k c Short l gu 454s 1941 F

J

1024

d
j

82

a

33
Sale
Sale
95

424 Sale
654
8

56

May
32
May
12
May
754 May

25

21

754

28
28
14

6254 May
2
5324 May 15
25

May

4954 May 28
4854 May 28
15
May 28
5554 May 28
37
May 14

1

6554 May

9

42

May

4

13

1254
1354
1224
1224

May
May
May
May
May

2
2
4
1

12

1

7 24 May
6 24 May

954 May
9
May
754 May
6 24 May

66

Apr.
4
Apr. ' 4
2654 Apr. f 3
6654 Feb. 21
6254 Jan. 16
65

28
28
27
21
28
28

1424 Apr.
1454 Apr.
16
Apr.
1554 Apr.
1454 Apr.

1224

15
15
29
22

May

1

6554 May

9

56

23

67

8

38
20

9
9
1

2724 Jan. 1/
12
May 29
754 May 22

38

9

82

60

5754

12

28

724 May 28
624 May 28
954 May 27
9
May 21
754 May 28
624 May 28

854
954
Sale
954

1054

M S

14

5054

4954 May 28

6

82

454 Jan. 19
454 May 22

8

13

May

May
May

79
2

654

5

454

6

4

May 13
54 May 22

May 13
624 May 11

5

Jan.

Mar.

13% Apr.
Apr.
May
2134 Apr.
1354 Apr.
Mar.

6
8
6

524 Mar. 26
Apr.

2

t Paul Minn & Manitoba—

9724
fPaeific Ext sterling guar 4s. .1940 j J
j 114
75,000 St Paul Union Depot 1st 5s guar. 1972 J
j
54
207,000 San Ant & Aran Pass 1st guar 4s. 1943 J
A O 10754
58,000 San Antonio Pub Serv 4s
1963
86,000 San Diego Cons g & e 4s
1965 M n 110
2,000 Santa Fe Prescott & Phoenix 1st 5s'42 m S 10954
10,000 X ASchulco Co guar 6 54s~
1854
1946 j J
j
J
41,000
1854
AStamped—
2954
16,000
AGuar. sinking fund 654s b —1946 A O
a
o
2954
51,000
AStamped
-

-

2,000 Scio Vail & n e 1st guar g -±s
1989
1,000 *X ASeaboardAir Line 1st g 4s—1950
250,000
♦AStamped 4s
1950
2,000
AAdjustment 5s.
-Oct 1949
126,000
♦iRefunding g 4s
1959
64,000
^Certificates of deposit
-643,000
a 1st & cons Bs series at77i—1945
179,000
ACertificates of deposit
1 * AAtl-Birm div 1st g 4s May 1933
4,000
151,000 x ASeaboard Air-Fla 6s a ctfs—1935
~

O

1952

f
a

11524
Sale

116

10854

10754 10754 10554
10954
11054 Sale
10954
23
30
3354

112

25
2054

5

64

55

23

3054

32

44

Sale

36

32

45

Sale

36

122

16
Sale

254
Sale

125
8

1254
12

154
454

"13""
154
Sale

654
1

254

8

Sale

6

Sale

4

754

Sale

554

Sale

354

14

f

A

j

16

354 Sale
354

9554

D

6

Sale
6254

25

13

254
2

97

6054

1424
254
6
Sale

63

1054
2454

2954
9954 Sale
10554 Sale

2354
10254

10654

6

154
154
9454
58

2154

30

2854
Sale

Sale

1154
94 54
99

103

j

o
J

1961 M s

1st mtge & ref 4s
1965 f
Southern Colorado Pow 1st g 6s_1947 j
Southern Kraft Corp 4 54 s
1946 J

A
J

d

10854 109
105
10554
108
10854
109
10954
10554 Sale
9754 Sale

11054 May
54 24 May
105
May
Sale
109
May
10924 May
27
May
3354
29
2354 May
46
43 24 May
38
3654 May
58
Sale

11924 12254 May
9 12254 May
1354 May
1354 May
2
12
May
""854
654 May 21
154 May
154
154 May 13
4 54 May
224
254 May 21
4
—tj— —224"may-"21
May
Sale
6
2 54 May 21
May
Sale
3
554 May
May 22
13
11
May
15
May 23
254
254 May
124 May 22
254
Sale
9754 May
9354 May 14
60
5554 May 18 6154 May
26
26
May
May 15

109

May
May

in* Apr. 23

10824 Mar. 15
Feb.

21

Apr.
3354 Apr.
47
Apr.
47
Apr.

12

1854 Jan.
2854 Jan.
2954 Jan.
Jan.

12324 Feb.

13
11
3

21

254
3
11

124
154
9354
5554
26

1254 May 22 2324 May
9
94
May 25 10224 May
1
10054
9954 May 22 10054 May 10
Sale
10254 May
1 10654 May
1

Jan.

9854 Jan. 19
118
Apr. 12
6854 Mar. 14

10924 Jan.

1154
654
154
254

97

Jan.

33

Mar.

15

Jan.

May

1554
124
654
5 54

Jan.

Feb.

May
May
Mar2!
May
May
May
Apr.
May
May
May

14 54 Feb.
1254 May
May
99 54 May
10254 May
94

May
May
May
May
May
May

6
11
6

Jan.

6

Jan.

25

Jan.

25

724 Jan.
1524 Jan.

11

J an.

31
2

334 Jan.

3

4

Apr.
67

6

Mar. 15

3354 Feb. 17
4
1554 Mar.
3054 Jan. 24
102 24 May
1
100 54 May 10
10654 Apr.
6

104

10654 May
4454 ma3r
48
May
4624 May
4524 May
4554 May
53
May
75
May
6324 May

104

104

9954

Sale

May 23 10924
10154 May 15 10524
10554 May 28 108
10724 May 18 11024
101
May 23 10524
9854 May 22 10224

15)4
10654 Sale
3254
44 54 Sale
3924
47 24 Sale
3354
45
4554
33 54
43 54 Sale
33
4354 Sale

Sale

104

10554 Sale
10254 103
106

107

110

10854

Sale

101

Sale

Sale
Sale

54
105

118

2854

10854 Sale
10554 Sale
10754 Sale
10554
10254

9754 Mar.
11054 May

119

119

Southern Bell Tel & Tel 3 54s—1962 a

May
May
May
May
May
30
May 10
31
May
1
1
4554 May
46
May
9

11654
6554
10854
11024
10924

11054 112

m s

1950
1964

1979

Sale

Sale

1963

3s debentures

120

M~S

1952

Southern Calif Gas 454s

9854

—4.5i-Sal&4 -3-24- ■Sale-

1951 m S
1946 f A
1941

ASilesia Elec Corp 654s
12i606 Silesian Am Corp coll tr g 7s
197,000 Simmons Co conv deb 4s
163,000 Skelly Oil 3s deb
316,000 Socony-Vacuum Oil 3s debs
South & Nor Ala gu 5s

1354

9854

98

115

1554
154

A

1935 f A
J
1954 j

a6s series b ctfs or dep
1,016,000 Shell Union Oil 2 54s debs
118,000 Shinyetsu el Pow 1st 6 54s
1,000 ASiemens & Halske deb 654s

61,000
245,000
46,000
70,000
166,000
304,000

MN
A

98

9854

May 23 10924 May
10154 May 15 10524 Apr.
10554 May 28 10824 Jan.
107 24 May 18 Ill
Feb.
101

May 23 106
Jan.
9724 Jan.
2 10254 Apr.

9

8
4
2

31
26

Southern Natural Gas—

86,000

a

o

mtge pipe line 454s
1951
203,000 Sou Pac Co 4s Cent Pac coll Aug '49 j d
533,000
1st 4 J4s (Oregon Lines) ser a. 1977 M s
1st

Gold 454s
379,000
1968
Gold 4 54s
864,000
May 1 1969
Gold 454s
1,028,000
1981
399,000
10-year secured 324s
1946
San Francisco Term 1st 4s—1950
45,000
437,000 South Pac rr 1st ref guar 4s—1955
4s stamped
1955
1994
512",000 Southern Ry 1st cons 5s
Devel & gen 4s series a
830,000
1956
Devel & gen 6s series a
1956
188,000
Devel & gen 654s series a
1956
263,000
Memphis Div 1st g 5s
1996
St. Louis Div 1st g 4s
1951
83",66o
84,000 Southw Bell tj 3 54s series b..-1964
1st & ref 3s series c
1968
118,000
18,000 tASpokane Internal 1st g 5s—1955
11,000 Staley (a e) Mfg 1st mtge 4s._-1946
-.1961
421,000 Standard Oil n j deb 3s

M s

47

Sale

50

Sale

j
o

80

j

63

Sale
Sale

mn
j

J

88

Sale

o

61

Sale

o
J

7654
7954
8254 Sale
78
72 54

j

71

o

73

D

11154 112

J

10754 -107 24
1754
1924
10554 107
10454 Sale
10554 Sale

J
a
d

9924
106

Sale

60

Sale

6354
54 54

65
Sale

Sale

8424

Sale

5754 Sale

4654
5954
6354

Sale

10654
10554

1943

50

—2000

8954
Sale
Sale

69

11054 Sale

—1977
Gen & ref 5s series c
.1979
Gen & ref 5s ser d__
-.1980
Tex Pac—Mo Pac Term 5548 a.1964 m s
j
Third Ave 1st ref 4s
i960 J
A

AAdjustment income 5s_.Jan 1960
*AThird Ave rr 1st gold 5s
1937 j
Tide Water Assoc Oil deb 3 54s~1952 J

1950 A

70

6954
6954
96

o

5154
1454

J

95

j

107

8054

Sale

75

6954
11154 Sale
10754 Sale
2154
2054
10354 107
10554 Sale

Sale

72

7354
99
Sale
Sale

9854
Sale

5854
8554

Sale
8754

o

6554 Sale

6754

6854

99

m s

122

125

J

10654 11054

F
M

1962 j

♦JiUnion Elev Ry Chic 1st 5s. .1945
Union Oil Cal 30-yr 6s ser a May '42

A

J

f

a

s

o

35-year 3 54 s debenture
1971 mn
Uni/ted Cigar-Whelan Stores 5s. 1952 a 0

For footnotes




see page

30.

11

125

Sale

11254 114""
10254 Sale
11454 Sale
10754 110
11354 11454
Sale

9654

Sale

67

Sale

...

106 24 10724
14

8954

10724

99

1454

8

June 2008 m s

1970

12

S

A

3s debentures
1959 f
Union Pac rr 1st & land gr g 4s. 1947 j
First & refunding 4s
June 2008 m
1st lien & ref 5s
34-year 354s debenture

j

mn

8354 May
May
53
May
57
May

28

9154 May

21
21
21

75

63

21

69

42

Sale

Sale

60

3054
35

32

3154
3154
42 24

70
54

66

May
May
May
May
May
May
May
May
May

109
10954 10854
10224 10324 102

20

15

10354
102

Sale

10124

15

Sale
Sale

Sale

89
105

...

10354
10154
10024
■

5754
8224

81

15 11124
21 108
24

2024
16 10354
15 10524
22 10524

21 108

.10554 10424 May 15 10554

55

Sale
84
6424

May 10
May
May
May
May
May
May
May
May
May 14
May
May
May
May
May
May
May

May
May
May
May
May
May
May 17
May
8

7
9

5554 May 15
8224 May 18

61

65

6754 May 10

May 10

86

May
May

124
104

May 15 124
May 15
May 25 10754 May
2

—

16

1554

53

57
63

10854
102
15

103 54

10154
10024
81

104 24

14 24 May

2

14 24 May

2

8654 May
2
10724 May
4
854 May 17
1102532May
9
10454 May
115
May
108 2332May
109*32 May
9854 May
9854 May
7154 May

May
May
May
Apr.
May
May
May
May
May
May
May
May
Mar.

125

10754 Feb.
4824 Jan.
53

58

21

21
21

4

8024 Jan.
6554 Jan.
28

Jan.

4

9154 May
6124 Jan.
79 54 Jan.

7
3
4

84 H Jan.
Jan.

3

72

3

Jan.

5

15 112

Mar. 14

2} 10824

Mar. 14

24

23 24 Mar. 12

16;l0754 Feb.
15,10624 Apr.
22:10624 Apr.

2llll354

24

5

6

Feb.
12 106 54 Apr.

15

18

Feb.

17

25

Mar. 25

Jan.

12

105

5

78

May

6

8

14

Feb.

5

8

Apr.
Apr.
May

2
6

10554 May 23
5354 May 28
54
May 23
53 24 May 29
90
May 11
45
May 2i
1154 May 21
Jan.

3

18

May

95

3

21

22

55

8
3
4
3

28

102

Jan.

5024 Jan.
50 54 J an.
5054 Jan.

May
11224 May
105
May
8754 May
103 54 Apr.

1

Jan.

11

Jan.

10

Jan.

11

Jan.

5

Jan.

8

Apr.
Apr.

4

8
8

Mar. 20

May 15

May

8

19
82 H May 18

6654 Mar. 20
8954 Jan.
2

6454 Jan.

20

6754 Apr.

Jan.

31

9924 Mar. 27

5554 Apr.

98

99

11254
10054 105

83 54 May
42

73 54

May
May
May
May
May
May
May
May

80
80
Sale
May
Sale
10554 May
10654 Sale
Sale
854 May
854
954
109»will % 10954 May
llo^ssSale
10054 May
103 54 Sale
10154 Sale
110
110
Sale
May
114 54 Sale
10854$ May
108% Sale
10823s2May
loo^ Sale
9254 May
9224
93
9754 Sale
9254 May
98
Sale
9354 Sale
6154
6154 May
7154 Sale

8454
107 54
854

7
8
3
1

7924

62

5724 May
May
8054 May

May 18 12624
12424 125
Sale
11224 May 25 115
115
11224
10554 105
May 28 11154
10454
11054 111
86
91
Sale
8754 May 14
7054
91
1 10354
Sale
10354 May
10324 Sale
10354
102
May 22 10624
10324 Sale
10654 Sale
1
67
67
Sale
May
67
6254 100
106
10554 May 23 10724
10754 10854 105
65
55
Sale
5354 May 28 7054
69
60
54
70
54
May 23
6954
6854
58
70
53 24 May 29
5324
6854 Sale
90
92
9024
75
May 11
92
91
Sale
45
6124
May 21
6054 Sale
1154 May 21
2554
1424 Sale
2354 Sale
9924 May 18 ,10054
100
9924 10054
10054
Sale
105
105
May 15 10724
10654 Sale

Sale
Sale

94

1945

4224 May
70
May
54
May

120

12754

5754
8954

Tol w Va& Ohio 1st guar 4s c-. 1942 m 5
1966 J d

Ujigawa Elec Power sec 7s
Union Electric (Mo) 354s

Sale

d
D

Tor Ham & Buff 1st 4s.._.

1949
3,000 Trenton Gas & Elec 1st 5s
25,000 Tri-Cont'l Corp conv deb 5s ser a *53
ATyrol Hydro-Elec Power 7 54s..1955
AGuaranteed sec s f 7s.
1952
"ilooo

7924
7054

Sale

UTexas Corp deb 3 54s

Gen ref 5s ser b.

Sale

10554

Sale

1951
1959

90

74 54

10654

Sale

88

Tokyo Electric Light (Ltd)—
1st m 6s $ series
June 15 1953 J
260,000
imp 3 24s-1960 J
29,000 Tol & Ohio Cent ref

16,000
143.000
2,000
19,000
451,000
484,000
294,000
56,000
110,000
189,000
34,000

73

Sale

108

4s

45

Sale

12654
11454

g

Sale

Sale
Sale

104 54
108

—1951
Term rr Assn of St Louis 5s—1944
Gen ref s f gold 4s.
—1953
Texarkana & f s Ry 5548 a guar 1950

13,000 Tol St l & West 1st

3054 May
35
May
32
May
3154 May
3154 May

Sale
Sale
Sale
Sale

51

May

j

Tenn Coal Iron & rr gen 5s

3s debentures
2,000 Texas & n o cons g 5s
106,000 Texas & Pacific 1st g 5s

55,000
48,000
58,000
18,000
520,000
4,130,000
58,000
251,000

Sale

4854 Sale
4854 Sale
4854 Sale
5654 Sale

mn

J
520,000
15-year 2 54s debs
1953
j
571,000 Stmdebaker Corp conv deb 6s..1945
Swift & Co 1st m 3 54 s
1950 mn
81,000

13,000
31,000
113,000
18,000
284,000
551,000

10654

124

May
May
1454 Apr.
1354 Feb.

104

15 125
25 108
13
1454
16 14 24

80
May 28 95
10554 May 22 109
4
854 Mar.
9

109541 May 18 11224
21 104 54
110
May 31 115
106 24 Apr. 10 109
1082332May 23 11624
92 54 May 29
9954
9254 May 22
9924
6154 May 29
7754

l'0054iMay

Jan.
Jan.

22

23
5

Apr. 13
May
2
Feb.

8

Jan.

10

Jan.

20

Feb.

15

May

9

Feb.

13

Mar. 11

Apr.
Apr.

4

26
Apr. 26
Apr.I 3

N. Y. STOCK

30

EXCHANGE—BONDS

CO

Sales in

go-

BONDS

May

Ask

Sale

A—

F

Sale

110M
25

20M

17
20
Sale
Sale

Sale
Sale

18

331,000
77,000
3,000
6,000
1,000
5,000
4,000
184,000
95,000
173,000
99,000
67,000
47,000
13,000
543,000
165,000
6,000
5,000
23,000
2,000
22,000
67,000
50,000
124,000
155,000

166,000
46,000
31,000
76,000
89,000
149,000
165,000
176,000
4,000
134,000
31,000
23,000
518,000
1,000
113,000
110,000
125,000
6,000
516,000
24,000
54,000
2,000
142,000
76,000

1,103,000
312,000

12

Sale

96

Sale

Sale

\75

80

May
May
95 % May
77
May

80

77

92%

Sale

88

Sale

103 M
103 M
91

~96%

Sale

91

95

15 92%
28 104
.25 104%
28 91

May
May
May
May

1
1

8
1

110

90 M

"93"

75

May 28

89% May

6

90
95

J

Feb.

20

Jan.

93% Jan.
Apr.
104% May
97
Apr.
115
Apr.
96
Apr.
115% Apr.
104

May
95% May
77
May
100% Mar.
77
May
Mar.

%
1M
1M
110% 107 % 108M 107 M May 15 111
40 M May 28
48%
51
35
40
75
70
May 29
83
65
83
61
59 M
59
May 14
60
61
108
102
May 21 109%
108M 104% Sale

O

J* AW a bash RR 1st gold 5s
1939
*
a Second gold 5s
1939
Alst lien 50-year gold term 4s 1954
ADet & Chi ext 1st g 5s—,.1941

-----

MN

44

17%

12

8

26

J

J

Sale

14M

10M
26

10

12M
10 M
40 M

F

O

A

O

J

D

F

A

A

F

Sale
36

85

34
-----

J

D

J

J

34

44 M
12
8

J
J

J

126% I""
108M 109M
118M Sale
108M 109

A

J

84
88 M

A

O

M

S

17M

F

A

M1V

18%

»n S/Z
oU 78

11%

Sale

11

Sale

53%
56%
55%
10%

Sale

44

Sale

O

J

J

105

J

J

18

13

Sale

18
9

MN

Sale
Sale
Sale

8M
Sale
109M 110
9M
6M

109 M

1948 M S 109 M
1961 Af N 105M

Sale
Sale

Sale

17

"46%
43

Sale

Sale

108"" 108%

Sale

A

J

73%

Sale

\rA

103 M 104M
97
Sale

J

Sale

108 %

35

Sale
Sale

51

16

11

18
Sale

40

101

101M
12%

Sale

106

101M
110%
22M
19

8M
7M
109M
110

10M

103M
106M

45

Sale

10% Sale
Sale
102% Sale
Sale
105% 107
110%
Sale
15% Sale
23 %
22
11%
9
4%
7%
8M
8%
4%
Sale
106% Sale
107% Sale

"20""

Sale
Sale

108

38
32

112
102

101

May 27

81% May 28
May
10% May
10% May
50
May
56% May

12

46 M
32
116% 112
Sale
99%

115M

72

98%
101%

9%
100%
96

110%
13%
16%
5

4%
106

Sale
Sale

Negotiability Impaired by maturity.

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

Texas Corp. 3%s 1951, entirely June 24 at 103.
U. S. Steel 3 %s 1948, entirely July 15 at 103.

Bonds selling flat.

United

following bonds have, been called
redemption, either entirely or partially:

of America 3%s
June 15 at 105.

for

Cincinnati Gas & Elec. 3%s, 1967, part. June 1
Consolidated Oil 3%s 1951, partially June 1.
Container Corp. 6s 1946, entirely June 15 at 101%.
Container Corp. 5s 1943, entirely June 1 at 101.
Crane Co. 3%s 1951, partially June 1.

Fairbanks Morse 4s 1956, partially June 1.
Kansas Gas & Elec. 4%s 1980, entirely May 25

101%.
Liquid Carbonic 4s 1947, partially June 15.
N. Y. Railways 6s 1958, partially July 1.
Phelps Dodge 3%s 1952, partially June 15.

1940-43, entirely

t The price represented Is the dollar quotation
per 200 pound unit of bonds.
Accrued interest
payable at exchange rate of $4.8484.

J Companies reported as being in bankruptcy,
receivership, or being reorganized under Section 77
of the Bankruptcy Act/ or securities assumed by
such companies
a

the

Deferred delivery sales, only transactions of
current

month,

and

not included in year's

range
n

May
92% May

9
6

85

1
6

22

22
22
22
24

23
28
22
3
21
29

28
15
21

15
21

29
15

65
May
68% May
67% May
15% May
47
May
46
May
116% May 14
9
101% May
101 % May
3
9
12% May
9
106% May
102
May
3
112
May 11
9
22% May
21
May
8% May
8% May
110
May
110
May

101% May 28 106% May 10
101
May 20 106% May
1

a

The

102

13 108% May 25
21
17
May
21
17
May

107% May 31

•

States

59

9

20

102M
102 M

Under the rule sales, only transactions of the

current month and not Included in year's range.

70

2

May

1
4
10
18
10
22
18
6
1

35

68 M
67

J

D

83 M

40

May

May
May
May
May
May
May
May
May
May
May
May

90

16

30

65

J

J

108%
109 M
127 M
109%
117M
111M

Sale

Sale

50%

78% May 28

19

Sale

D

O

Sale

79
22

18M
Sale

114
98 M Sale
101 *»«

'63%

31
May 23
May 14 37
60
60
70
70
May 18
109 M 106% 109 % 106% May 23 109
108% May 22 108%
124
122% May 24 125
110
104% May 28 110%
110M 101% Sale
Sale
115% May 29 117%
115% 117
Sale
107% May 15 111%
108% Sale
102 M
98% May 31 102%
98% Sale

90 M

Sale
15

56

37

108 %

J

A

-59—

17 M

J

M S

57

101M

31M

Sale

12

Sale

79M

68 M
67

-

5M

60

66

M S
AAssented
Western Union Teleg 4M« gold.1960 M N
Gold 5s
1951 J D
Gold 5s
1960 M 5
AWestphalia Un El Pow 6s
1953 J J
J
West Shore 1st 4s guar
2361 J
J

Sale

5M
4M
4M
4M
102 %

Sale

Sale

108

Sale

41M
4%
4M

20

6

107% May 15 111
Jan.

23

9

1
29
1
23

25
8
8
15
5
26

3

May

9

4

Jan.

11

Feb.

14

May

7

Feb.

27

Jan.

17

Apr. 24
Jan.

2

Jan.

3

Jan.

3

Jan.

2

Jan.

9

Jan.

4

Apr.. 12

35

Jan.

60

May 18

5

106% May 23
108% May 22
122% May 24
104% May 28
115% May 29
107% May 15
98% May 31
72

Jan.

Apr.

78% May 28
16
May 23

81%
107%
10%
10%

% Mar. 20
May
6
5
Apr.
Apr. 29

51%
May 29 76%
Jan. 23
62%
May 21 109%

31
22 44% May. 4
May
17
May
2
28
10% May
25 % Jan
May
14 26
41
Jan.
May
21 51
12
12
May
16
May
8
27
10% May
May
39% Apr.
6 41 % May
4% May
21
7% May
4 % May
May 21
6% May
7
May
May 21
4% May
4% May
May 22
6% May 10
1 101 % May
May 15 105% May
56
May 23
1
66% May
May
Mayl4 "63*%"MayMaY~lT "76

31

102

D

Sale

12

May
6
May
9
May 23

May
May
May
May
May
May
May
May

89M

75
108

Sale

"79%

32

A

M S

Sale

76

QM
F

Sale

66 M

A

A

41M
Sale

6%
6M
6%
6M
105 %

M S

31

22

49

First & ref 5Ms series A.
Western N Y & Penn gen 4s

Registered
2361
Wheeling & L Erie RR 1st con g 4s *49
Wheeling Steel Corp 4 Ms ser A. .1966
White Sewing Machine deb 6s._1940
i* AWilkes-Barre & East 1st gu g 5s'42
Wilson & Co 1st M 4s ser A
1955
Conv debentures 3 Ms
1947
Winston-Salem S B 1st 4s
1960
{AWisconsin Cent 1st gen g 4s__1949
ACertificates of deposit*ASup & Dul Div & Ter 1st 4s. 1936
ACertificates of deposit—
Wisconsin Elec Power 3 Ms
1968
Wisconsin Public Service 4s
1961
t AWorces & Conn East Ry 4Ms.1943

14

J

Western Maryland 1st g 4s

1952
1977
1943
t AWestern Pacific 1st 5s ser A..1946

28

A

Warner Bros Pictures 6s debs—1948 M S
M S

Bros Co. deb 6s___ —1941
Warren RR 1st ref gu g 3 Ms...2000
Wash Cent Ry 1st g 4s
1948
Wash Term 1st guar 3 Ms
1945
1st 40-year guar 4s
1945
Westchester Light gold 5s
1950
Gen mtge 3 Ms
1967
West Penn Power 5s series E —1963
1st mtge 3 Ms series I
1966
West Va Pulp & Paper 3s
1954

31M
10M

F

Walworth Co 1st mtge 4s..-...1955 A O
6s debentures
.1955 fro

j a Warren

44 M

J

J
*ADes Moines Div 1st g 4s_-_1939 J
AOmaha Div 1st g 3 Ms
.1941 A O
aTo! & Chic Div 1st g 4s
.1941 M S

t AWabash Ry ref & gen 5 Ms A. .1975
ARef & gen 5s (Feb '32 coup) B '76
ARef & gen 4 Ms series C
1978
ARef & gen 5s series D
1980
Walker (Hiram) G & W deb 4 Ms 1945

% Jan.

%

45 M
76 M

J

A

Virginian Ry 1st & ref 3 Ms ser A 1966




Mar.

24% Mar.
25

Jan.

100

110

110

M S

M S

M S

Nat

25

1955
1957 MN

*a4Ms assented..
-.1934
Virginia Elec & Pow 3 Ms ser B..1968
Va Iron Coal & Coke 1st g 5s—1949
Va & Southwest 1st guar 5s
2003
First cons 5s
-.1958

Youngstown Sheet & Tube—
Convertible deb 4s
1st mtge s f 4s series O

5

23 % Jan
20
Apr.

Vera Cruz & Pacific RR—

244,000
4,000
6,000
19,000
277,000

May 15

24% Feb.

15

115

J

Sale Prices

75% May 21 89% Apr.
9
109% May 1.3 110% Jan. 24
103% Apr.
8 106% Jan. 22

12

115

Sale

May
9
May 13
May
1
May
2

15

23 M
17

21 88
13 110
16 103%
15 24%

21

12

23M

Highest

Sale Prices

Sale Prices

Sale Prices

75% May
109% 109% May
103 1332May
18
May
15% "21M
Sale

77

106 M

Sale"
17

25

Ask

Ask Bid

87

1

Loxcest

Highest

Lowest

May 31

1

A

J

Bid

Sale'

1959

stamped

Vandalia consol g 4s
Consol 4s series B

May

1940

Bid
%
80 M
354,000 United Drug Co (Del) 5s
1953 M S
5,000 UNJRR & Canal Co gen 4s.. 1944 M S J09M
170,000 HU S Steel Corp 3 Ms debs
...1948 J D 106
22 M
11,000 iUnited Steel Wks g 6Ms ser A 1951
14
a3 Ms ser A assented
1951
22 M
±6%s series C
1951
14
a3 Ms ser C assented
1951
22 M
ASinking fund deb 6 Ms ser A 1947
14
a3 Ms ser A assented
1947
90
27,000 United Stockyards 4 Ms w w
1951
102 M
164,000 Utah Light & Trac 1st & ref 5s..1944
103 M
300,000 Utah Power & Light 1st 5s
1944
89
22,000 t* AUtilities Pow & Lt deb g 5 Ms 1947
a5 Ms stamped
...1947
89
*ADebenture 5s
1959
26", 666
a5s

RANGE SINCE JAN.

PRICES IN MA Y

Price
Jan. 2,

N. Y. STOCK EXCHANGE

Value

90% Mar. 27
36% Mar. 15
37
May 10
70

Feb.

8

109% Apr.
3
109% Feb. 20
128% Apr. 18
110% May
6
120

112

"an.

17

Mar. 15

102% Apr. 26

May 27
May- 28

Apr.
May

Jan.

4

Feb.

21

Feb.

21

Jan.
Jan.

May
May
50
May
56% May
51
May
11
May
38
May
32
May
112
May
96% Jan.
100% May96
May
101
May-

22

22

4

6

22

Jan.
Jan.
Mar. 27

24

Jan.

22

4

23

Feb.

28

May 14
May
9

29
29

Jan.

29

10

28

Jan.

23

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
May
Apr.
Apr.

4
27
11
3
2
5
5
2
12
12

101 % May 28 109%'Jan.
101
May 20 106% Apr.

26

97

Jan.

110

Feb.

6

13% May
16% May
5
May
4% May
106
May
107% May
9% Jan.

21

2

15

21
29

15
31

26

2

4

r Cash sales, only transactions of the current
month, and not included in year's range.

*

Ex-interest.

following odd-lot sales were transacted
during the current month and are not included
in the monthly or yearly range.
e

The

Treasury 3%s 1943-47, May 27 at 107.20.
Treasury 3%s 1941, May 24 at 103.20.
Treasury 2%s 1945-47, May 24 at 106.26.
z
The following deferred delivery sales were
transacted during the current month and are not
included in the monthly or yearly range.

Atch Top & S
Cuba 5s 1944,

Fe 4s (1909) 1955, May 3 at 95%.
May 24 at 97%.
20 at 6%.

Serbs Croats & Slovenes 7s 1962, May

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING MAY 1940
Stock Sales

May

.

_

_

May_

12,935,210
96,800,295

a

$123,104,000
710,025,000

$176,105,000

Jan. 1 to

741,761,000

May 31

Etchaage, effective Oct. 3. 1915, all stock* are aow quoted dollars p3r share,
lots except In the case of stocks which sell only In a small way.
In accordance with

1939

1940

Bond Sales

1939

1940

38,964,712
111,392,190

Shares_
Jan. 1 to May 31-.--

rule or the Stock

Prices are on

a

basis of 100-share

disregarded In the month's range, unless they are the only transactions of the month, and when selling
footnote in the month In which they occur.
No account is taken of such sales In computing the

NOTICE— Cash and deferred delivery sales are

outside of the regular monthly range are shown in a
range

for the year.

AOQREOATE
SALES
In

Since

May

9,400
110

210

4,800
39,000
4,400

5,700
54,600
4,200
10

-50f200
40,600
58,000
14,000
8,100
118.500
"

9,900
21,400
2,400
27,000
102,500
4,000
69,800

3.600
7,700

1940

1,400

11,700
6,600
99,000
22,400
520

52,200
14,500
820

31,300
2,400
128,500
21,600

44,500
700

4,600
50

6,930
15,700
13.500
650

16.000
27.200
14,800
9,600

8,000
102,200
44,800
900

14,000
20,400
5,600
16,400
2,200
2,300
71.400
6,500

19,700
9,300
18,800

90,000
15,600
20,600
246,400
970

121,600
3,300
10,100
8,600
6,740
60,800
3,800
4,100

25
99,100 Adams Express
*
*
21,000 Adams Miflis
17,100 Addressograph Multigraph—10
169,500 Air Reduction Inc

_

222,600 Allied Stores Corp
5% preferred
9,500
182,200 Allis-Cnalmers. Mfg

100
*

1
50
*
*

23,400
25,040
184,300
10,600
12.000

MX Sale
144
42 X
48

Sale

8%
21%
18%
56 X
X

Sale

50

Sale
Sale

48

Sale

11%
14%
21%

Sale
15%
Sale

10

10%
176 X Sale
13
Sale

12
14

conv

100

preferred

--25
100

Amer Car & Foundry--Preferred

*
100

American Chain & Cable——*

5%

conv

American

100

preferred

Chicle

*

20

Am Com Alcohol

Amer Crystal Sugar Co. .—--10

6% 1st preferred
-—100
Amer Encaustic Tiling
1
Am European Securities
*
Am & Foreign Power
*
$7 preferred
*
2d preferred A
*
$6 preferred
-—*
Am Hawaiian
American

10

Steamship

Hide

&

Leather—1

34

14%

Sale
2% Sale
16

15

6%

55

X Sale
Sale

*

-——100

Am Mach & Foundry
...♦
Amer Machine & Metals—.*

American Metal

*

100

6% conv preferred

.*

American News Co

.*
*
.♦

Light——

—

Radiator & Stand

San—*

100
American Rolling Mill
-.25
4%% conv preferred
100
Amer Safety Razor
—18.50
American Seating Co—*
American Ship Building--—-*
Amer Smelt & Refining.
*
Preferred
100
American Snuff.——..-25
6% preferred..—------100
-

——

*

Foundries

American Stores

*
—*

—...—

American Stove Co
American

Sugar Refining.. 100

...—.—.100
Amer Sumatra Tobacco——*
Preferred

Amer Telep & Teleg———100
American Tobacco.....—..25

25

Class B

—— — 100
Type Founders—.10

6% preferred
American

130
133
9X
15

6X
7X
12%
81%

Sale

3
4

Sale
Sale
Sale
Sale

X

6

2

Sale

25

Sale

Am Wat Wks & El

•

$6 1st preferred-———...*

6X
Sale
28% Sale
5% Sale

2X
2
23 X
24.
6% Sale

Sale
Sale
120
25
Sale
Sale

Sale

Sale
155

Sale
70
Sale

10%
Sale
Sale

Anchor Hock'g Glass Corp

$5 div preferred

For footnotes see page




40.

*

12.50
*

1%
10%

40

Sale

13

Sale

52

Sale

6%
Sale

30

Sale

6%
41%
6%

Sale

Sale

47

Sale

41

Sale

16% Sale
100% 105
117%

21% Sale
110

115

137

140

U4

9

11

9%
8%
7%
13%

Sale

"5%

Sale

4%
9%

90

Sale

2%

14

75

Sale

6%
1% Sale
24% Sale
5%

67% May
2
May
May 22 141
43
May
May 22
50% May
34% May 25
4% May 28
7% May
24
17
May 21
May
13
May 16
17% May
May
36% May 21 48
May 23
,
% May
60
May 21
May 21
ay~2
6% M ay—D
May 15
% May 10
13 % May
May 21
9
May 21
11% May
9
May 21
16% May
9
May 21 26% May 10
30

1%
3%
1%

6%
5%

78%
1%
Sale

15

Sale

3

Sale

45%

26%

23

Sale

3%

Sale

3

Sale

3% Sale
31% Sale
5
5%
45%
56% Sale
19% Sale
60
58%
13% Sale
3
2%
22

110

50%
1%
19

3%
32%
41%

Sale
Sale

Sale

12

Sale

Sale

120

80

Sale

44

Sale

12

5%

10%

Sale

11

7%
7%

Sale

Sale

Sale

150

55%

Sale

35

Sale

37
138

155

Sale

60

Sale
Sale

24% Sale
36% Sale

49% Sale

Sale

52

54

143

Sale

i

Sale

Sale

22%
10%
11%

Sale

14

Sale

74

15
21
21
28
21
28
24
21
21
23
21
23
23

50

Feb.
Feb.

30

May 21 70%
May 22 147
46%
May 22
34% May 25 52%
9
4% May 28

Apr.
Apr.

17

May 21
May 16
36% May 21
% May 23
60
May 21
-4—May 21
% May 15
6
May 21
4% May 21
7
May 21
15% May 21
13

Sale

12%
148%

88

Sale

71%

90

Sale

73

150

Sale

135

Sale

4% Sale

3%

10

Sale

97

99

100

75

Sale

10

Sale

46%

Sale

6%
29%
4%

Sale

44%

if

30

21%
23%
20 X rl3%
19%
111% 112% 107
29%

Sale

36

Sale

.

22
25
18

50% May
6
May
35
May
63% May
3% May
31% May
5% May
39% May
56% May
20% May
61% May
13% May
3% May
22% May

7% May
May
8% May
10% May
4% May

11%
1%
9%
38%
12%
41%
6%
41%

15
28

21% May
2
May
34% May
28% May
4% May
May

9% May
48% May
9
May
5
May
23

May

30% May
122
May
51% May
139
May

19% May
May
10%
Sale
May
Sale
May
75
May
Sale
11% May
Sale
145
May
69
Sale
May
70
Sale
May
May
139% 137
Sale
2% May
Sale
5% May
89
84% May
6
Sale
May
30
25% May
Sale
4% May
38
40
May
18
Sale
May
20
28
May
Sale
12% May
110
108% May
Sale

i?M

x20

128
87
164
18
34

13%
100
112
9

5%
4%

75%
1%

3%
57%
48%
8%
154%
15%
67
12

10%
35%
50%
144%
63%
152%

29
21
May
13
22
May
18
16% May
28 21% May
28 87% May
21
17% May
28 174% May
89
22
May
21 90% May
28 151
May
21
4% May
21
10% May
28 101
May
21
11% May
21
50% M!ay
22
May
16
May
21
May
21
May
20
21
May
29 112% May

_

§8*

_

10
10
10
11
10
1
6
2

1% Jan.

8

Jan.

3

Jan.

4

14%
12%
17%
26%
73%
12%

3

23

3«
3%
30

41%
10
38
10

1%
12%
20%
2

34%
28%
4%
140

9%
48%
7%
5

23

30%
122

51%
139

Apr.
8
May 10
Mar. 21

Apr.
Apr.

16
9

Jan.

25

Apr.

23

Jan.

2

May

8

Jan.

4

Jan.

9

16

2% Jan.
9
Apr. 22
58% Apr.
5

15

18

May 28
May 28
May 22

21

12

75

Jan

May 23
May 31
13

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

21

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
Apr.
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

9%

10
7
6
3
1
10
4

Mar. 26

7— Jan.

May

Jan.

23

May
May
May
May
May
May
May
May
May
May
May
May 11
May
6
May
1
May
1

77

May 31

Jan.

28

Jan.

Apr.
Jan.
Jan.
Mar. 11

28
28 182
15 14
16%
28
9%
21
55
May 28 73%
21% May 22 41%

10%

10
6
1
1
1
3
17
1
10
10
1
8
8

19

14

27%
19%
58%
%

136

116

140

Feb.

1

1% May
24% May
5
May
20% May

Sale Prices

110

5

May
43
May
10
May
38
May
10
May
1% May
12% May

HH

Sale

39%
21%

3
13
9
22
3
10
10
1
3

115

20%
2%

22% May
May
140% May
9% May
8% May
7% May
14% May
90
May
2% May
110

May

May
May
May
May
May
May
May
May

30

43

May
33% May 10
8
50% May

175

May
May

1% May
May
3% May

21%
3%

139

Sale

45%

36

Sale

14% Sale
67
66%

28%
13%
15%
21%
87%
16%

23

-

18

10% Sale
2%
2%
15% Sale

26
25%
3% Sale
55% Sale
47% Sale
8% Sale

154

28

23

36

63% Sale
152% Sale

Sale
Sale
Sale
Sale

1

Sale

69%
150

15
Sale

%

Sale

122

Sale

1
14% May
2% May
2
16% May 10
9
57% May
17% May
73% May
U% May
48% May
9% May
41% May
131
May
115% May

13

c

Sale

12%

11% May
1% May
9% May
38% May
12% May
49
May
6% May
43
May
5% May
28
May
128
May
87
May
164
May
18
May
34
May
13% May
100
May
112
May
9
May
5% May
4% May

Sale

20% Sale

144

Sale
Sale

12% May
3
180% May 10
12%* May
2
16
May
2
8% May
1
73 % May
8
34% May
1

Sale

144

Sale

7% May
May
8% May
10% May
4% May
55
May
21% May

136

10%
2%
9%

7

—

Sale

m

Sale

42

Anaconda Wire & Cable..

11%

2%
16%

Sale

23

Sale

Copper—.—50

Sale

58

Sale

Sale

Anaconda

Sale
Sale

Sale

10%
5%
55%
25%

Sale

45

Sale
Sale
Sale

10

28

& Smelt
1
$5 prior conv pref—....25

Amer Zinc, Lead

9

Sale

Sale
128% Sale
90% Sale
115% Sale
174% 176% 160% 166

Sale

Preferred

13

Sale

131

*
100

American Woolen

7%
141

6%

20 X

50

Preferred

Amer Steel

Sale

23

106% 113%

*

5 % conv pref

Preferred

31X Sale
50
52

8

63%

Amer Locomotive—

Am

138

131

113 X Sale
175
178%

Sale
Sale

39% Sale

Sale

100

$6 preferred
$5 preferred

Sale

60

—*

Corp

Amer Power &

Sale

6

Sale

Amer Invest Co of Illinois

Sale

55% Sale
17%
17%
71% Sale
11
10%
48% Sale

1
*

preferred

Amer internal

Sale

2

36

American Ice

Sale

16

5%
34%

Amer Home Products

Sale

%

15% Sale
8% Sale

50

6% conv preferred

18
Sale

Sale

12

72

44 X

Preferred

12%
179%

8% Sale
MX
40 X Sale
67

50

5 %%

12%
10%
15%
24%

Lowest

Sale Prices

72

American Bosch Corp
—1
Am Brake Shoe & Fdy—-—*
American Can

Sale

13

Sale

Sale

13

Sale

17

Sale

Sale Prices
50
May 21

110#

32%

Sah

6 Torsade
1

54
141

39

24%
17%
Sale

h

1

31

37%
4%

Sale

16%

Sale
49X

--

Sale

7%
24

53%
115

47%

48

22%

10 %
49 X

6% preferred

145

43

Sale

American Bank Note—

67%

67%
138

Ask

Highest

Highest
Sale Prices

Lowest

May 31

Ask Bid

Bid

48

20 X
46

10
10

American Airlines inc

120 Am Coal Co of Alleg Co N J-25
American Col or type—.
10

7,380
270,800
69,300
92,800
635,800
1,380
249,000
12,800
32,900

Ask

Bid

15 X

*

11,300 Alpha Portland Cement
Amalgam Leather Cos. Inc
6% conv preferred
Amerada Corp
Am Agric Chemical (Del)

203,500
37,200
9,400
51,000
12,700
8,900
209,100
41,900
104,200
10,500
65,500
297,900
6,300
171,900
74,100
155,300
3,000
955,600
9,700
23,000
1,340

6,400
1,060

10i

—
84,900 Allegheny Corp.
Pref series A $30 warr'tsilOO
130,500
Pref series A $30 ex-war 100
26,400
$2.50 prior conv pref
*
17,300
242,700 Alleghany Ludl'm Steel Corp *
80 Alleg & West Ry 6% gtd—100
1
36,100 Allen Industries Inc
*
62,800 Allied Chem & Dye
5
6,400 Allied Kid Co
*
101,800 Allied Mills Co Inc

86,700
10,200

449,600
3.000

*
100

30 Ala & Vicksburg Ry Co
■■"-42-2","S00 Alttaka—Jtmeau" Gold *Mln

460

600

.

Appli Corp

11,600 Air-Way Elec

240

3,200
20,100
2,400
3,300
94,000
11,700
27,800
3,300
31,500
123,800
1,600
69,700
30,900
72,200

100
*

240 Abraham & Straus
15,500 Acme Steel Co

800

"2,070

*

23,600 Abbott Laboratories
370
4% conv preferred

37,230
37,000
39,200
1,600
37.600
2,300
67,500
62,500
24,400
44,800
312,400
120,500
5,200
45,700
87,100
21,600
41,500
5,400
7,900
133,000
21,800
58,600
22,300
56,500

1

May
Par

Shares

24,000
4,400
27.900
19,100
280,800
63,400
4,040
128,000
35,300
1,650
81,700
7,800
230,300
41,800
93,700
1,700
11,400

1

Jan. 2

Jan. 1

Shares

RANGE SINCE JAN.

PRICES IN MAY

Price

STOCKS
N. Y. STOCK EXCHANGE

24

21

27
28
21

28

Jan.

4

Apr.
12% Apr.

15
9

50

Jan.

3

9% May
3
45% Jan.
3
133
Apr.
3
116% Jan. 29
176% Jan. 16
33% May 10
51 % Jan.
2
23% Jan.

3

21 112% Apr.

22
9

28

140% May

23

13

Feb.

23

18

9%
8%
15%
91%
3%
6%

Apr.

4

Jan.
Apr.

5

18
21

21

18
Mar. 25
Mar.
8
Apr. 16
2% Jan.
8
8
28% Jan.
/ Y4.
4
7% Jan.
8
24% Jan.
50 % May
3
6% Apr. 23
38
Apr. 22
66% Apr.
3
3% Apr.
1

23

35

27

22
4

15
21
21

28
21

28
24
21

21

23
31
22

25
18
15

Mar. 29

6% Jan.
6
Apr. 26
Apr. 27
22% Jan.
3
63
Apr. 24
14% Jan.
3
3% Jan.
4
45
57

28

25
20 121

Mar. 20
Mar. 19

31

26

Mar.

15
21

5% Jan.
63% Jan.

21

54

21

10% Jan.

7

Jan.

20 163
Mar.
15
17% Jan.
21

70

Jan.

31

12% Mar.
11% Feb. 23
15
37% Apr. 15
21
54
Apr. 11
28 147
Apr. 15
21

22

70

Feb.

9

25 152 % May

1

19% May 21
9% May 22
11
May 18
12% May 28
75
May 28
11% May 21
145
May 28
69
May 22
70
May 21
137
May 28
2% May 21
5% May 21
84% May 28
6
May 21
25% May 21
JX May 22
38
May 16
18
May 21
20
May 21
12% May 21
108% May 29

33%
14%
17%
23%
93
18

3
Apr. 12
Jan.
5
Feb. 23
Feb. 23
Jan.

Mar. 13

175% Mar. 12
89% Apr. 15
91 % Apr.
9
151
May
3
5% Apr.
8
12% Jan.
4
101 % Apr. 15
12
Apr. 23
52% Apr. 23
8% Apr. 10
45% Apr. 22
32
Apr.
9
41% Apr.
8
22% Mar. 8
112% May
2

N. Y. STOCK EXCHANGE-STOCKS

32
AGGREGATE
SALES

Since

May

1940

May

2,000
182,100
11,100
24,400
7,000
14,800
20

31,800
300

1,100
900

4,300
92,600
6,000

43,000
6,400
5,600
108,400
1,000
80,600
14,500
4,500
740

6,500
15,100
8,100
2,240

390,600
403,300
87,200
33,000
5,400
780

20,000
6..2QQ
760

75,900
18,000
40

13,600
400
400
50

1,100

7,200

12%
Andes Copper Mining Co.—20
3%
A P W Paper Co Inc
-5
32
Archer Daniels Midland
*
Armour (Del) 7% preferred_100 106)4
5)4
Armour of Illinois
5
47)4
$6 convertible prior pref.
52
500
7% preferred100
3754
80,700 Armstrong Cork Co
*
10%
15,600 Arnold Constable Corp
5
9%
31,300 Artloom Corporation
*
110
96)4
7% preferred
100
8
88,800 Associated Dry Goods
1
75
2,400
6% 1st preferred
100
77)4
5,500
7% 2d preferred
.--100
36)4
3,700 Associated Investment Co—*
95
7,290
5% preferred
100
24%
277,500 Atchison Top & S Fe
100
50%
22,100
5% preferred-.
— 100
22)4
87,100 Atlan Coast Line RR
100
16
25,100 Atl G & W I SS Lines
1
18
22,500
5% preferred—
-.100
20%
209,700 Atlantic Refining
25
3,700
4% conv pref series A—100 108%
8%
224,000 Atlas Corp
5
47%
48,600
6% preferred
50
63)4
13,100 Atlas Powder
*
2,230
5% conv preferred
-100 123%
6%
27,100 Atlas Tack Corp
*
2%
55,300 J Auburn Automobile
*
2
55,720 Austin, Nichols & Co
— *
16%
8,340
$5 prior A
*
7%
943,400 Aviation Corp (Del) The
3

6,300
18,800
10,600
9,400
563,400
49,400

632,800 Baldwin Loco Wks vt tr ctfs.13
100
182,700 Baltimore & Ohio
58,000
4% preferred
100
50
24,300 Bangor & Aroostook
5% conv preferred
100
7,800
10
48,400 Barber Asphalt Corp..
12,000 Barker Bros
2,300 —5%% preferred—-—--—50
5
156,600 Barnsdall Oil Co

18,500
1,700
10,200
573,700
9,700
5,500

9,400
48,400
2,600
270
30

291,400
459,200
20,200
440

1,010
8,800
48,400
76,800
3,000

11,900
24,700
81,600
90,000
1,800
3,700
39,800
8,900

156,000
400

12,400
21,700
1,000
21,200
41,000
840

81,500
4,090
47,700
42,900
15,200
35,300
36,200

1st

510

preferred

56,600 Beatrice Creamery
$5 preferred with warr
1,200
230 Beech Creek RR Co
4,200 Beech-Nut Packing
17,100 Belding-Heminway

1,790
17,300
4,300
22,500
23,700
1,200
5,200
18,800

74,300

29,900
82,300
50

99,900
4,300

2,700
340
260

16,100
11,200
10,300

24,000
1,094,400

pref $2.50 div ser '38-*
Best & Co
—*
Bethlehem Steel Corp (Del)--*
7% preferred—
100
Bigelow-Sanford Carpet Inc—*
Black & Decker Mfg Co

40,300
22,800
23,600
133,400 Blaw-Knox
9,500 Bliss & Laughlin Inc
870 Bloomingdale Bros
650 Blumenthal & Co pref

410

110

14.

11
24

Sale
Sale

14%

JX
26

*

5

13

1%

Sale

7

Sale

98%
4%

Sale

60

Sale

38

58

60

10%
9%
101%
8%

110%

97%
40% Sale
10
10%
7% Sale

Sale

102

23%
6%
4%

110

75

7% Sale

5

75

80

60

76%
42%

78^4
39%

77%

50%

43

30

99%

83

99

o97^
Sale
Sale

22%
56%
16%
21%

Sale

Sale

14

Sale

42%
10%

20

Sale
Sale

Sale
Sale

9

21%
24% Sale

Sale

109%

108

Sale

Sale

9

Sale
65

77

123%
7%

Sale

Sale

1% Sale
3% Sale
25% Sale
7% Sale

2%

7

43%

Sale

7

20
Sale

101

48%

121%

Sale

9%
20%

Sale

48%

58

112%
4%

"2%
15

5%

16% Sale
5

6

Sale

12

Sale

45
42%
15% Sale

13%
3%
4%

Sale

15%
9

jy?

29

"29

12% Sale.
26% Sale
113% 114%
27% Sale
107% 108%

ll

34%
112
33

111

.7
-sme¬

8

9%
61%
31%
21%
56%
38%
80%
115

31
Sale
Sale

i

30
121

Sale

9%
65%
33%
22%

Sale

54

63%
Sale

39%
Sale

Sale

30%

Sale

21

Sale

10%

Sale

23

Sale

Rights
Bon Ami class A
Class B

.

5
—*
*
1

Bond Stores Inc

15
5

Borden Co (Th'e)

Borg-Warner Corp
Boston & Maine RR
Bower Roller Bearing

100

Co

5

65.700 Brewing Corp of America. -.3
*
194,000 Bridgeport Brass Co
210,900 Briggs

4,700
13,500
195,200
80,100
755,600
49,400
104,800

Manufacturing

Briggs & Stratton

*
*
-5

Bristol-Myers Co.
Brooklyn & Queens Transit. .*
$6 pref certifs of deposit
Bklyn-Manhattan Transit
*
$6 preferred series A
*
Certificates of deposit
*
.*
65,400 Brooklyn Union Gas
*
3,500 Brown Shoe, Inc
—

104,500 Brunswtck-Balke-Coll

86,300
2,000
166,600
11,070
169,100
90,100
37,500
200,000
112,400
91,400

*

5
10U
*
100

Bucyrus-Erie Co
7% preferred
Budd (E G) Mfg
Preferred 7%
Budd

Wheel

*

Bullard Co

*

Bui ova Watch—

Bush

—

Term Co

Terminal




64

Sale

22%
21%
25%
2%
33%

23%
Sale
Sale
2%
Sale

11%
22%
38
52

Sale

113

95-

7%
27%
18%

Sale

55%

50

4

12%

100

80

*
*
50

15

100

72

24% Sale

Sale

39

Sale

Sale

20%
4%
Sale
81

15%
Sale

51

Sale
Sale
Sale

Sale

39%

28

50% Sale
3% Sale
19
19%
23% Sale

39

107
21

37

39

Sale

24

5%
31%
29%
19%
10%
4%

Sale

4

14

73

118%

74%
Sale

54

Sale

29%

8ale

109

10%
61%
23%
3%
112

4%
9

5%
92%

Sale
Sale
65
Sale

3%
Sale
5
Sale

Sale

102

5%

Sale

31
40
Sale
Sale
Sale

108
60
Sale

33
Sale
Sale
Sale
Sale

27
Sale
Sale
Sale

6%
4%
17%
2%
7%
42%
10%
15%

Sale

Sale
Sale

Sale

24%

Sale

Sale

5%

5
Sale

20%
13%
7%
2%

51%
1%
7%

38

Sale

27

Sale

54 >
Sale

39

41%
Sale

39
Sale

45

1%
5%
12%
14%
32

2%
30

3%

Sale
Sale
Sale

Sale
18
Sale
Sale
45

13
Sale

Sale
Sale
Sale

36%
Sale
Sale

4%

Sale

39

88%
27%
2%

89

70

"79"

27%

29

Sale

Sale

2

Sale

44

68%

Sale

45%

117% 103

105

50%

Sale

46

Sale

34

Sale

23%

Sale

118%
10%
69

25%
2%
111%
4%
10%
5

98

3
9
1
13
3

13
1
11
1
4
1
10

May 10
May
May
May
May
May
May
-MayMay
May
May
May
May
May
7
May 13
May
8
May
6

Sale
Sale

110

5%

Sale

Sale

Sale

40

55

Sale

19

Sale

2%
Sale
Sale
Sale

5%
102

2

100

2%
5%

50

4% May
8
May
13% May
27
May
38
May
2% May
17% May
15% May
107
May
56% May
13% May
27
May
14% May
6% May
97
May
3
May
21
May
3% May
23
May
17% May
12% May
7% May
2
May

10
3
3
1
10
10
2
2
1
10
1
13
8
10
3

11
8

23
May
8
13% May 10
21
23
22
May
May
22 39
52
May
23
3% May
21
19% May
21
24% May
21
1 107% May
62% May
21
21
21% May
21
36% May
27
21
May
9% May
23
28 111
May
5
May
23
41% May
21
5% May
22
33
21
May
29% May
21
20% May
22
10% May
22
4% May
21

Sale

110%
2%
Sale

3
3%
93% 102

58%
22%
6%
3%
96%
4%

May
May
May
May
May
May
Jan.
May
May
May
Jan.
May

74 %

3
1
1

Apr.

2

98%
4

49% May
33
May
82
May
13
May
39% May
9% May
8% May
10
May
18% May
104
May
7
May
43% May
57
May
115
May
4
May
% May
1% Feb.
10
May
4% May

39
9

14

May
May
May
May
May
May
May
May

21
21
28
24
22
22
21
21

11% May
6% May
22% May
3% May
11% May
62
May 11
14
May
1
25
May
2

1

4%
11

11%
36

May
May
May
May
May
May
May
May

2%
29%
3%
38% May
77% May
22% May
2
May
39% May
105
May
42% May
20
May
105% May
5
May
58% May
18
May
May
107
May
2% May
4
May
3
May
94
May

1% May 10
7% May 10
18% May
3
20% May
7
38
May 14
5% May
38% May
5% May
45
May
89

32%
3%
68%
117%
51%
35%
101%

W*
72
25%
2%
113

4%
11%
5

98

May
May
May 11
May
May
May
May
May
May
May
May
May
May
May
May 10
May
2
May 14

21
15% Apr. 12
16
4% Apr. 10
21
35% Feb. 27
31 110% Apr. 30
21
7% Apr. 22
21
64% Apr. 22
68
4
Apr. 20
4
21
43% Apr.
4
11
22
Apr.
4
22
9% Jan.
12 101 % Apr. 18
9
Jan. 11
22
80
8
1
May
85
Jan.
16
22
Mar. 26
20 45
8
23 100% Mar.
3
21
25% Jan.
21
57% Apr. 24
3
22 23% Jan.
21
22% Apr. 20
23
22% Apr. 20
7
21
27% May
Jan. 25
24 110
23
9% Mar. 19
51
Feb. 14
31
23
80% May 13
22 124% Jan. 10
2i
8% Mar. 4
4
15
2% Jan.
4
7
5% Mar.
21
32% Mar. 4
15
8% Apr. 15

12% May 23
2% May 15
3% May 15
8
May 21
34
May 21
8% May 21
4
May 15
-20—May- 21
7% May 25
20% May 21
112
May 15
18% May 21
105
May 28
103
May 27
29% May 14
102
May 22
7% May 21
63% Feb. 27
24% May 28
17% May 22
50
May 17
22% May 21
63 % May 23
109% May 22
14
May 21
15
May 15
5% May 15
13% May 21
11
May 14
4
55% Jan.
14 % May 28
% May 21
19% May 22
99
May 23
51 % May 22
17% May 28
17% May 23
12% May 21
1
May 18
26
May 22
4% May
8
May
13 % May
27
May
38
May
1% Jan.
12% Jan.
13% Jan.

23
21

22
22
23

5
30

30

49

Jan.

3

48

Jan.

1.5

13% May 21
27
May 21
14% May 21
May
May
21
May
3 % May
3

20

Jan.

14

May
May
May
May
May
May
May
May
Jan.

39
9

1

4%
11

11%
36

2%
29%
3%
38%
77%
22%
2

39%
105

42%
20

105%
5

58%
18

1%
107

2%
4
3

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

93% Jan.

8

Jan.

14% Jan.
52% Jan.
16% Apr.
8% Jan.
-29-%-Mar;
13% Jan.
36% Apr.
115% Mar.
35% Apr.
112% Apr.
105
May
32
Apr.
127

9%
67%
36%
22%
56%
39

89%
125%
34%
22%
11%
23%

Jan.

4
17
12
16
22
7
11

24

9
Apr.
2
Apr.
9
Apr.
Mar. 13
Jan. 18
Jan.

3

May 10
May 10
Jan.
5
Apr.

4
4

16

Jan.
Jan.
Apr.

80

Mar.

2

Apr.
May
May
Jan.
Mar.
Apr.
Mar.

15

28%
4%
29%
123%
70%
29%
24%
25%
2%
37 %
7

Jan.
Jan.

May

3
3

10
3
5

20
25
27
3
4

8

Mar. 15

13?Apr. 29
23?Apr. 18
39% Feb. |1

53%
3%
19%
24%
107%
63%
25%
37%
29%
10%

Apr, »5
Apr. 11
Apr.
8
Apr.
6
May
6
Apr.
8
_

Jan.

4

Apr. 30
Apr.
6
Feb.

9

May

7

23

Jan.

21

22

19

17% May 21
12% May 22
7% May 22
2
May 21
5%
4%
17%
2%
6%

19% May 10
6% Jan.
2

28 111

6% May 23
97

51

5%
4%
17%
2%
6%

53
Sale

45

116

35

35% May
22% May
55
May
36% May
89% May
125% May
25% May
21
May
10% May
21% May
14% May
66
May
25
May
4% May
29% May
120% May
67% May
28% May
23% May
22% May
2
May
37% May

24% May
17% May
May
Sale
22% May
Sale
63% May
Sale
109% May
Sale
14
May
Sale
15
May
Sale
5% May
Sale
13% May
11
15%
May
Sale
60
May
Sale
14% May
% May
Sale
19% May
Sale
99
May
Sale
51% May
21
19% May
Sale
17% May
Sale
12% May
1
1%
May
Sale
26
May
Sale

Sale

11% Sale
6% Sale
22%
22%
3%
3%
11% Sale
67
60%
24

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

12% May 23
2% May 15
3% May 15
8
May 21
34
May 21
8% May 21
4
May 15
20
-May" 2T
7% May 25
20% May 21
112
May 15
18% May 21
105
May 28
103
May 27
29% May 14
102
May 22
7% May 21

Sale

Sale

20

Sale

27

41

Sale

84%
23%
2%

15
1

17%
36%

38

59%

18
25% Sale
8% Sale
7%
110% 111% 100
4% Sale
3%

Sale

6%
38%
86%
25%

20

100

Sale

18%

Sale

18%

Sale

Sale

Sale

3

61% Sale

15%

5%

15%

Sale
22%
115
121% 102
57
66% Sale
28% Sale
19%
23% Sale
18%
22% Sale
15%
2
2%
1%
28%

23

23%

390

60

39
Sale

7%

24

69
Sale

Sale

Sale

—

8%

31

Sale

7%
20%

7% preferred
loo
Caterpillar Tractor
*
Celanese Corp. of America
*
7% prior preferred
10'J
Celotex Corp
*
5% preferred
loo
Central Aguirre Associates
*
Central Foundry Co
1
Central 111 Lt 4%% pref
100
jCeutral RR of N J
-_100
Central Violeta Sugar Co
Century Ribbon Mills
*

Sale

105

4%
9%
15%

Sale

5
*

Sale

109

Sale

11

10

Sale

8

May 10
May
4
May
9

13%
21
3%
16
35
21
21 110
7
21
60
21

•

101"

32%
124

May
May
May
99% May
4
May
35
May
8

2

24

22% May 21
6% May 22
3% May 22
100
105
May 13
Sale
4% May 22
78
75
May
2
64%
49% May 22
33
33
*
May 20
Sale
82
May 23
Sale
13
May 21
Sale
39% May 21
Sale
9% May 22
10%
8% May 21
10
May 23
10%
Sale
18% May 21
104
May 24
107
Sale
7
May 23
Sale
43% May 28
57
62
May 23
115
115
May 22
4
5
May 21
% May 15
"2%
2% May 18
Sale
10
May 21
Sale
4% May 15

Sale

6%
13%

1%
1%
12%
13%
14% Sale
49% Sale
48%
49%
23% Sale
38
35%
21% Sale
9% Sale
101% 103
5% Sale
40% Sale
5% Sale
24
22%

Highest
Sale Prices

4%

Sale

28

6

Lowest
Sale Prices

Sale

111% 114%
23% Sale
105% 112

36% Sale
25%
82% Sale
71%
124% Sale
112%
18
25%
25%
17
21%
20%
10% Sale
7%
20
15
20%
14% Sale
11%
66

Highest
Sale Prices

95
Sale

8

35%

Sale

Sale

-.30

40

25

Sale

114

35

Sale

*
10,500 Cannon Mills
9,500 Capital Admin Co Ltd cl A—1
$3 preferred class A
10
3.010
1,180 Car Ciinchfield & Ohio Ry__ 100
5
28,300 Carpenter Steel Co
1
25,000 Carriers & General Corp
100
26,100 Case (J I) Co

40.

121%

19%
11%
4%

1

5% preferred

page

Sale

31

1
145,000 Callahan Zinc-Lead
160,400 Calumet & Hecla Cons Copper 5
Campbell W & C Foundry
*
103,700
-5
428,900 Canada Dry Ginger Ale
100
400 Canada Southern Ry Co
25
412,400 Canadian Pacific liy__;

see

Sale

23%

1
*

100

49,000 Byers (A M) Co
Partic preferred
3,240
14,600 Byron Jackson Co
80,400 Calif Packing Corp

For footnotes

22%

Bldgs—

Depos. ctfs. 7% pref
4,650
35,800 Butler Brothers.
5% conv preferred
10,400
52,000 Butte Copper & Zinc

Preferred

17%
56%

*

Burlington Mills Corp
Burroughs Add Mach

Sale

40
36%
9% Sale
4% Sale
-20"%- -21%

—

Bohn Alum & Brass Corp

2

103

30
126

589.500 Boeing Airplane Co

459,200
51,000
2,980
5,030
47,800
163,800
240,400
8,500
32,600

Ask

Sale

Sale

15

200

400

3,100
13,600

Sale

Lowest

Sale Prices

May 31

3

34

Sale

50

40

320

6,600
30,400

12%

Sale

1

Ask Bid

Sale

*

1,600

37,900
139,300
4,150
38,900

13%
Sale

17% Sale
5% Sale

100
■-*

'2,280
97,100
485,900
20,020
236,700
1,500
45,200
61,300
1,860
10,300
34,500
3,500

.

Rys part pref

Prior

700

50*400

50
20
*

5
622,500 Bendix Aviation Corp
59,800 Beneficial Indus Loan Corp..*
5,400

Bid

_*

Pref ex-warrants

400

Bush

36.400

-*
100
25
*

78,900 Bayuk Cigar Inc

500 Belgian National

151",400

Ask

Bid

Par

Shares

2,000
4,400
3,700

1

Jan. 2

Jan. 1

Shares

RANGE SINCE JAN.

PRICES IN MAY

Price

STOCKS
N. Y. STOCK EXCHANGE

In

21

21
28
24
22
22
21

21
2
21
21

21
21
5

22

28
23
22

28
21

5

6%
44%
6%
33%

Apr. 29

33

Mar.

Jan.

5

Feb.

17
7

21% Jan. 10
3
12% Jan.
5% Apr. 22

13%
7%
23%
4%
13%
81%
15%
26%
52%
1%
8%
19%
23%
40

Apr. 22
Jan.

4

Apr.
Jan.
Jan.
Jan.
Jan.

Feb.
Mar. 13

Feb.

21

Feb.

21

Apr.
Apr.
Apr.

18
3
17

6% Mar.
40% Jan.
6
Apr.
45
May
90
Apr.
32% May

24

3

Jan.

23

6

Jan.

118% Jan.
15
56% Jan.
21
35% Apr. 29
22 119
Apr.
8
21
12% Feb. 15
23
72
May
1
22
26% Apr. 22
3
1.5
3% Jan;

28

18 114% Mar.
18
5% Apr.
21
21

11% May
6

31 100

Mar.

Apr.

9

5
10
7

16

AGGREGATE
SALES

Price

STOCKS

In

Since

May

Shares

33.000
41.000
10,250
2,900
290

9,500
3,900
27,500
78,300
1,100
3,000

6,200
5,800
6,100
8,400
36,200
2,300
28,100
1,400
400

3,200
1,100
1,000
1,800
13.400

24,700

9,200

3,210

May

88,400 Cerro de Pasco Copper
106,200 Certain-Teed Products.—--1
51,680
6% prior preferred
100
*
8,000 Chain Belt Co
Champion Paper & Fibre Co—880
6% preferred
100
Common
*
35,700
—
21,200 Checker Cab Mfg
82,000 JChesapeake Corp
227,100 Chesapeake & Ohio
-25
Preferred series A
--10U
5,600
5,400 IChic & East ill RR 6% pf-100

38

16,200
40,700
73,900
91,200
13,500
59,100
6,900
3,600
14,700
4,500
6,800
6,800
48,900
61,800

Sale

Sale
Sale
19%
20%
6%

32 %

103

101

25%
26
16%
17
4% Sale

tChicago Great Western—
4% preferred
—100
Chicago Mail Order Co.___--5
JChic Milw St Paul & Pacific. *
$5 preferred
....—.100
^Chicago & North Western .100
Preferred
—100
Chicago Pneumatic Tool
*
$3 conv preferred
---•
Prior pref ($2.50 cum aivs)
tChicago R I & Pacific
100
7% preferred
100
6% preferred
100
Chicago Yellow Cab..
-*
Chickasha Cotton Oil
--10

Sale
o

Sale

Sale
Sale
Sale

35%
49

Sale
Sale

Sale

1%
9%
%
%
%
%
12%
33%
46%

3%

470
110

37%

52,400
310

12,100
1,300
65,600
15,100
1,430
26,700
830

2,750
380

14,100
13,000

228,200
4,300

129,100
235,900
1,150
30,100
3,800
300,600
46,300
1.830
45,800
2,020
7.200

1,200

45,800
1,400
168,600

267,900
15,800
.

200,600
3,200

17,200
6,700
460

85,300
15,000
360

670

151,200
163,800
8,500

4,600
10,600
10,800
239,400
3,100

15,600
2,900
2,000

45,300
29,500
37,600
3,300
40,100

3,300
21,700
19,700
334,700
73,700
11,900
72,600
9,900
4,550
36.600
700

36,200
14,800
54,700
2,500
3,300
7,600
29,900
420

1,000
127,800
2,380
68,400
6,100
570

95,000
1,580
9,400
4,500
30,200

11,300
1,251,700
115,500

Sale

77%

Sale'
Sale

Sale

Coca-Cola Co (The)
Oltiss Ak

65

Colgate-Pafmolive-Peet Co—*

Sale

Collins & Aikman—

--*

Sale

preferred

100

5% conv

"19%

Iron Corp..*
Colorado & Southern—
100

Colorado Fuel &

43,600
22,600
920

Sale

..100

5
Sale

2.50
2.50
--*
100

Class B

6% preferred series
5% preferred

Sale

100

695,000 Columbia Gas & El

A

Sale

Sale
Sale

100

78

Sale
10%
Sale
Sale
Sale
%
Sale

17

Sale

15

19

%
6%
%

.1
Sale

Sale

%

Sale

10

Sale

34

26

31

48%

41

V*
Sale

Sale
Sale
.....

Sale

$2.75 conv preferred
11,300
120,700 Commercial Credit

48

% Sale
%6 Sale

8*"

9*

9%
3%
24%
58%
10%
89%
45%
2%

10%

Lowest

Sale Prices

22% May 24
3% May 22
15% May 21
15
May 28

May
May

Sale
Sale
Sale
Sale
Sale

Sale

%
6%
%
%,
%
%
8%
23%

May
May
May
May
May
May
May

28

21
1
15
13
21
15
May 21
41
May 22
% May 20
%6 May
8
% May 21
7% May 21
9
May 21
2% May 21
24% May 14
53% May 28
10% May 21
90
May 14
45
May 18
2
May 15
24
May 21

1
8

May
May
May
May
May
May
May

9
9
6

1

8
7

13

1% May
May

15

21% May

8

4

3
8

1
2

1
3
6

1
% May
May 16
1
% May
11
May 10
3
14% May
1
6% May
4
30% May
3
87% May
1
13% May
7
97
May
45
May 18
1
3% May
2
38% May
%s

45

15

May
9
Apr. 18
Mar. 23

Apr.

3

Jan.

8

Jan.
Jan.

16
3

2% Jan.
12% Jan.

% May 28
6% May 21
% Feb. 28
% Feb. 28
% May 13
% May 21
8% May 15
23% May 21
41
May 22
% May 20
8
*16 May
% May 21
7% May 21
9
May 21
2% May 21
24% May 14
53% May 28
10% May 21
89% May 31

7

%6 May
May
% May
% May
12% May
33% May
May

8% Feb.
36% Feb.

100% May 28 106
17% May 22 30%
11
May 21
29%
3% May 22
4%
30% May 28 42%
85
May 22 97%
2%
% May 15

10

47

Highest
Sale Prices
41 % Jan. 10

22% May 24
3% May 22
15% May 21
15
May 28

May 10
May
1

37%
6%
31%
21%

78
—48 %
"37

40%
138%
127
60%
16

31%
111%
19%
3%
4%
3%
24%
24%

88^
78

10

Sale

105

$6 preferred
54,200
—-*
710,700 Commonwealth Edison Co..25

Sale

Sale

*

Sale

4%

Congoleum-Nairn lnc
*
Congress Cigar
tConn Ry & Ltg 4)4 % pref. 100
Consol Aircraft Corp
1
Consolidated Cigar—
-*

Sale

7% preferred
100
6 % % Prior pref
100
Consol Coppermines Corp
5
Consol Edison Co of N Y Inc.*
$5 preferred
*
Consolidated Film Industry. .1
$2 partic preferred
*
Consol Laundries Corp
5
Consolidated Oil Corp
*
Consol RR of Cuba 6% pf-100

7.430

of America-.20
Continental Baking Co class A *
Class B
---*
8% preferred
100

Container Corp

25
100
--1

Preferred

Coty lncCoty International Corp

.

*

70

52,400
6,400
2,600
25,800
1,370

For footnotes

8

$8 preferred
Cutler-Hammer lnc

9^




40.

Sale

4% Sale
7% Sale
1%
2%
16

Sale
18

101%

16% Sale
13% Sale
1 %
92%

Sale

94%

11%
S%
29

32

17

Sale

17
4%

Sale

Sale
Sale

70%

Sale

60

Sale

16
16
4%
67%
66%

73

Sale

71

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

21

Sale

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

22

82

110
Sale

3%

Sale

4%

15

Sale

30

Sale

98

84

35%
92%

Sale

7

Sale
115

7%

40% Sale
3 % Sale
23% Sale
28%
29%

99
Sale

9

Sale

4l¥

Sale

42

Sale

26

Sale

5%
Sale

11%
10
Sale

Sale

26%

4

3%
15%

Sale

10

Sale

6%
22%
9

Sale
Sale

23

10
Sale

64

10
Sale

75

Sale

5%
25

33

3% Sale
23% Sale

a-19

Sale

30

Sale

23

Sale

Sale

18

Sale

Sale

51

Sale

40

Sale

53%
Sale

176% 179
6% Sale
1% Sale
19% Sale

42

Sale
Sale

Sale
Sale

Sale

45% Sale
160

*jf

170
Sale
1

Sale

87

99

105

98

Sale

25

Sale

4%
22%
29%

Sale

Sale

28% Sale
6% Sale
35% Sale
45
43%
43
42%
19% Sale
94% Sale

Sale

39

Sale

85

91

Sale

71

Sale

Sale

27%

18

Sale

37*

Sale

Sale

90
82

82

90

53

60

58

20% Sale
4 J>
4%
17.

3%

4

Sale
81

Sale

13% Sale
26% Sale
4% Sale
44% Sale
Sale

30

Sale

%

2%
14
8%
6%
19%
7%
63
75
4%

Sale

60

31%
7%

8

%

35%
106%
5%
30%
3%

53

103

97%

45% Sale
115% Sale
8% Sale

Sale

Sale

99
33

Sale

6H

64% Sale
172% 180
4% Sale

23%

3%
14%
28

97%
%
5%
2%
5%

65
61

26

Sale

24

42%
113

108

Sale

30
75

107% 108% 100% Sale
Sale
1
%
Sale
9% Sale
3% Sale
2% Sale
7% Sale
6% Sale
2
1%
1%
1%
Sale
3
4%
4%
18%
17%
12% Sale
Sale
103
93
95%
18% Sale
11% Sale
12% Sale
7% Sale
%
1% Sale
%
90%
77%
89%
73%

*

100

Sale

.....

13% Sale
86% Sale
93% Sale
8% Sale

*

1

Davega Stores Corp
5
Conv 5% preferred
25
Davison Chem Corp (The)
1
Dayton Pr & Lt 4%% pref. 100

see page

Sale

30% Sale
107% Sale
1%

22

3%
7%
88%
14%
26%
3%
48%
10%
28%
89%

...

Class A

Sale

89% Sale

Sale

*
5
$5 conv preferred
*
Crucible Steel of America. .100
Preferred
.100
Cuba RR 6% preferred
100
Cuban American Sugar
10
Preferred
100
Cudahy Packing Co
30
Cuneo Press lnc
..5
Curtis Publishing Co (The)..*
Preferred.
..*
Curtiss Wright Corp
1
.

8

50
Co. .20

Corn Products Refining

$2.25 conv pref ww

Sale

5

Corn Exch Bank Trust

635 Cushman Sons 7% pref

50

40

8?0*

4

Preferred ex-warrants
9,000
357,800 Crown Zellerbach Corp

12,400
2,100
249.000
5,900
29,000
23,700
68,300
31,800
1,826,600
424,700

7

29%

100

25
142,900 Crane Co
5% conv preferred
100
7,700
13,600 Cream of Wheat Corp (The)..2
*
21,700 Crosley Corp (The)...
*
178,400 Crown Cork & Seal

144,100

9%

5% preferred v t c
100
Consumers Pow Co $4.50 pref.*

230,400 Copperweld Steel Co.
Conv pref 5% series
23,600

2,940

Sale

Consolidation Coal Co v t c.25

20
137,900 Continental Can
$4.50 preferred
*
6,800
57,100 Continental Diamond Fibre..5
2.50
71,300 Continental Insurance
1
1,053,700 Continental Motors
5
197,200 Continental Oil of Dei
37.200 Continental Steel Corp__._-

11,960
104,000
3,000
226,100
100,000

Sale

63

21 113
21. 40%
16
79
16 48
22 37%
21
41%
22 141

106

Sale

14%
1%
67%
32%

28,600
1,080
227,600
117.800
1,630
2,610
447,300
546,300
36.200
13,900
34,100
35,700
484,900
7,000
30,700
5,900
6,900
159,000
93,800
94,300
16,400

Sale

May
May
80
74
May
.j-g—
-May
Sale
Sale
31
25% May
Sale
31
Sale
25% May
135
Sale
137% 131
May
Sale
102% 104
99% May
56
60
61%
56
May
Sale
10% Sale
10% May
Sale
20% Sale
16% May
108% 109
108
May
Sale
15% Sale
12% May
2
2%
4%
1% May
Sale
2
2
5
May
Sale
2
4%
2
May

110%

Sale

4%% conv. preferred—100
4,000
120,820 Comm'i Investment Trust—*
$4.25 conv. pref ser of 1935-*
3,300
—*
629,300 Commercial Solvents
829.500 Commonwealth & Southern—*

43,500

26

112% 113% 108
28
40% Sale

Sale
93
6% Sale
20% Sale
45% Sale
106%
106
53% Sale

94%

*

9,600 Conde Nast Publications

37%

Sale

*
14,600 Columbian Carbon v t c
38,300 Columbia Pictures Corp vtc.*

23,400
2,200
1,200
11,700
300

114%

--*
100

Cluett Peabody & Co
Preferred

4% 1st preferred
630
4% 2d preferred
Columbia Broadcasting
64,200
System lnc class A

270

4,200
13,100
1,500
47,100

27% Sale
3% Sale

65

-110 —Special gtd -4-%-stoGltin»w«-—50Climax Molybdenum Co—--*

^ioa
37,000

Highest
Sale Prices

24

% Jan.
% Jan.
% Jan.
1% Jan.
14% Jan.
35% Jan.
50

4
5
5
3

5

Mar.

% Jan.
% Apr.
% Jan.
11% Mar. 28

16%*Apr. 15
6%
33%
91%
14%

Mar. 25
3
Apr.
8
Apr.
Jan. 26

6
98
Feb.
May 18 z60
Jan. 30
May 15
4% Apr. 26
May 21
40% Apr. 18

St L Ry—-

5% preferred
-100
1,710 Cleve Klec 111 $4.50 ser pref--*
5@,800 Cleve Graphite Bronze (The) -1
430 Cleve & Pitts RR Co 7% gtd.50
10

11,100

Ask

105% 106
100% 103
100% May 20 106
1*9
27% Sale
20%
17% May 22 29%
23%
25
11%
13
11
24
May 21
4% Sale
3% Sale
4%
3% May 22
39% Sale
32% Sale
30% May 28 40%
93%
95%
85
83%
87
May 22
94%
1%
2
1
Sale
% May 15
1%

45

5
*

Clev Cine Chic &

Sale

6%
30%
20%

13%
96%

co".:::::::: loo

17,600 City Stores
50,200 Clark Equipment

36

%
10%
11
14% Sale
6% Sale
30%
34%
85% Sale

h

Lowest
Sale Prices

May 31

Ask Bid

Sale

25

atyHi

1

Bid

%

*

Childs Co

620 Chile Copper

140

Sale

-

677.100 Chrysler Corp...
36,600 City Ice & Fuel
5,750

130

5,300
11,300

Ask

Bid

21,300

1

1940

Par

450

279,500

n. y. stock

RANGE SINCE JAN.

PRICES IN MA Y

Jan. 2

exchange

Jan. 1

Shares

33

n. y. stock exchange-stocks

June, 1940]

21%
4%
16%

7 %

Sale

7

112%

Sale

112

4

Sale
Sale
Sale

27

28

Sale
Sale

94

68
Sale
5

17%
7%
Sale

43

37

13%

Sale

80

Sale

28

Sale

1%
4%
67

10%

3
Sale

68%
11%

20

Sale

31%

Sale

Sale
Sale

23%

2%

2ig
75
50

xl6H
3%
14

4%
110

Sale
Sale

90

70
Sale

4%
15

4%
Sale

1%
2%
8%
93%

9%
7%
%
73

May
May
May
y
Ma,
May
May
May
May
May
May
May
May
May
May
May
May

2l'l27
24' 60%
21
16%
21
32%
23111*
21
24
15
3%
17
4%
22
3%

21
22
28

28
29
21

24
21

15
21
21
21
22
21

21

18

15

May
1
May
6
May
1
May 10
May
May
May
May
May
May
May
107
May
14% May
1% May
68
May
32% May

4% May
22% May
11% May
8% May

May
13% May
90% May
94
May
8% May
32% May
109
May
1
May

29
21
21

21

17
22

23
22
15
21

22
22

21
21
16

65
Mar.
6
7 108
May 21
1
26
May 21
7
74
May 16
l6 -46%-May-16
8
25% May 22
9
25% May 21
10 131
May 22
1
99% May 21
3
56
May 24
3
10% May 21
6
16% May 21
14 108
May 23
10
12% May 21
3
1% May 15
10
2
May 17
3
2
May 22

24%
6%
89%
78%
93%
6%
20%
45%
106%
53%

21

29

24

25

15

15

2

30

3
6
10
1
11
7
10
3

May
3% May
7% May
2
May
4% May
18% May 13
3
103% May
18% May 10
l
12% May
1
1% May
90

21

46

May

May
May 21 116
9
4% May 21
27% May 25 40%
2
4
May 15
16% May 21 24
18% May 21 30%
15% May 16
25%
47
May 21
70
41
May 28 53%
44% May 21
60%
165
May 25 179
4
May 21
6%
% May 18
1%
13% May 28 21%
80
May 22
25% May 28 29
3% May 22
6%
18% May 21 35%
43% May 13 44*
40
May 13
12
May 22 21%
75
May 21
95%
25
May 21 43%
64
May 21
94
1% May 24
3%
3% May 21
8%
60
May 21
90%
9% May 23
15%
20
May 27 27%
2
May 17
31% May 24
7% May 15
11%
21% May 21
29%
80
May 22
90%
55
May 15 60
14% May 15 21%
3
May 21
4%
13% May 22
16%
3% May 22
7%
107% May 23 112%

110

,

7

May
May
May
3
May
1
May 17
May

6

May

May
May
May
May
May

May
May
May
May
May
May
May

May

80 :•

8

37

10

May
May
May

8

May

10

May
May

10

May

10

1
4

7

3
May
3
May
May 11
May
8
May
2

14

Mar. 30
Feb.

27
21

35% Apr.
8
112% Feb. 10
24
May 10
4 % Apr.
4
5% Apr.
4
5
Apr.
4

Jan.

21

6%
24%
14%
9%
31%

29

16

29

92

29

95

21

9% Feb.
32% Apr.

15

13

21

8
8
26

4
15

29
3
21

8
6

5
4
8

8

Feb.

3
17

Feb.

29

Apr.
Apr.
Apr.
Apr.
Apr.

4
15

21

8
9
5

5

21 110% Mar. 25
17
3
1% Jan.
22
10% Apr.
4
23
22

15
21
22

4% Apr.
4
8% Apr.
9
3
2% Jan.
4% Apr. 29
2
18% xVLar.

22 104

Feb.

7

21

Apr.

24

Jan.

10

21

16
21

Jan.

9

2
37% Jan.
12
May 22
75
May
25
May
64
May
1% May
3% May
60
May
9% May
20
May
2
May
31% May
7% May
21% May
80
May

10
10

May

Feb.

Feb.

19%
15%
1%
97%

Apr.

4

Jan.

10

33
May 21 49% Apr.
9
106% May 31 116% Jan. 26
9% Apr.
4% May 21
9
27% May 25 40% Mar. 5
2
2
4% Feb.
May 15
J an.
25
5
16% May 21
33
Apr.
8
18% May 21
8
15% Mar. 16 25% May
47
70
May 21
May
8
41
3
May 28 61% Jan.
4
65% Jan.
44% May 21
165
May 25 179
May
8
4
7% Apr.
May 21
8
% Jan. 10
1% Apr.
5
3
13% May 28 24% Jan.
80
Jan.
5
May 22 105
5
25% May 28
32% Feb.
2
3% May 22
7% Jan.
18% May 21
38% Apr.
3

4

May

Jan.

5% Jan.
19% May
7% Jan.
63
May
75
May
4% May
23
May
97% May
% May
5% May
2% May
5% May
1% May
2% May
8% May
93% May
9% May
7% May
% May
73
May

10

May

63
20

12

10

May

131

12

9

May
May

142

May 21
26% Mar.
May 21
26% Mar.
4% May 22
7% Apr.
67% May 28 93% Apr.
60
Jan.
79
May 31
71
May 29 98% Apr.
3% May 21
8% Mar.
14% May 24
23% Jan.
28
Jan.
48
May 21
99
May 15 108% Feb.
33
May 21
56
Apr.
Mar.
97% May 21 113
8
May 21
16% Apr.
% May 22
1% Apr.
42
May 21
73% Jan.
26
33
May 21
Apr.

4

May

Mar. 28

16

3

May

6

16

10

May

Mar.

~48—Mar. 26
41% Apr.
1
45% Apr.
4

2% May 22
14
May 18

10

21

65

114% Jan. 10
43% Mar. 8

53

Jan.

14% May
3
May
13% May
3% May
107% May
,

45

Feb.

26

4
43% Apr.
21% May
4
95% May
9
43% May 10
95
Apr. 25
6
4% Jan.
8% May 10

91% Feb.
17
Apr.
29% Feb.

24

22
24

4
4% Jan,
51
May
4
8
11% Mar.
32% Mar. 14

92
60

Mar.

9

May 10
22% Apr. 30
7
5% Mar.
17
Apr. 27
8% Apr.
4
113% Apr. 12

AGGREGATE
SALES

PRICES IN MAY

Price

STOCKS

In

May

800

7,000
4,550
6,800
3,100
12,400
36,600
2,600
2,000
2,050
20,300
40,200
145,900
15,300
50,100
27,000
200
280

74,200
5,800
740

142,500
319,250
13,200
30,100
300

37,400
4,500
9,100
69,400
147,600

I

Shares

Deere & Co
*
Preferred
20
Deisel-Wemmer-Gilb Corp.-10
Delaware & Hudson
100
Del Lackawanna & Western.50
IDenver Rio Gr & West pf-100

Sale

100

Sale

*

Sale

*

Sale

Detroit Edison

Devoe & Raynolds A
Diamond Match
Partic 6% preferred
Distil Corp-Seagrams Ltd

480

1,400

20,800
7,100
4,900

1,700
6,400
11,800
40

23.000

2,100
4,800
36,300
4,100
1,300
12,200
5,200
110

27,100

260

2,800
400

8,800
900

12,800
29,200
230

7,700
39,000
5,400
2,900

8,100
660

305,800
53,600
1,000
14,700
30

7,200
1,460
530,600
9,200
5,100
26,100
10,100
230

2,600
20,400
320

26,300
9,900
18,000
7,600
8,560
14,200
18,200

3,600

Sale

1824 Sale
3424 Sale
40 24 Sale
Sale

Sale
Sale

35

13 24
36 54

1854

23 54

Sale

77
Sale

^

83
Sale

?i*
2924
3524
524
13 54
60

1054
3154
1654

1824 Sale

12

Sale

87

77

_*

Sale

168

191,900 Dresser Mfg Co
78,300 Dunhill International.
2,000 Duplan Silk
8%

800

*

17X

1

Sale

*
100

preferred

13

120

196,200 Du Pont de Nem & Co (E I)_20
$4.50 preferred
*
31,750
2,540 Duquesne Light 5% 1st pf-100
1
374,500 Eastern Airlines Inc
Rights
319,250

32,000 Eastern Rolling Mills
85,400 Eastman Kodak Co of N J
6% preferred—
1,006
122,100 Eaton Mfg Co

5
—

*

100
4

Sale

Sale
Sale

4 24 Sale
15654 Sale

29%
1624
1)4

Sale
17
Sale

5

38

Sale

3

1524

Sale

El Paso Natural Gas Co

*
*
3

50

Endicott-Johnson

100

5% preferred
Engineers Public Seryice
$5 conv preferred
>>o.50 preferred
$6 cum preferred
Equitable Office Building
jErie RR
4% 1st preferred
4% 2d preferred-

1
*
*

*
*
100
100
100
56

Erie & Pitts RR Co
Eureka Vacuum Cleaner

5

1% Sale
724 Sale
-3-123'SMe"
27

Sale

2824 Sale
124 Sale
4124 Sale
41)4
43
10924 11024
1124 Sale
7924 Sale
8824 Sale
9324 Sale

154

124

3

3)4
2

124

"324 "

424
Sale
Sale

124

Sale

45

it?*

107

924

J 24
66

Stores.*
100
1

24

Sale

22 24
91 24

19

Sale

Fire Ins..2.50

40

Sale

10

A—-100

2124
2324
20 24 Sale
10424 105

*

46

*

2024
3424

Sale

Sale
Sale
Florsheim Shoe (The) cl A—*
24
2424
IFollansbee Bros
*
224
2 24
Food Machinery Corp—
10
3324
3424
454% conv preferred-.—100 10624 10724

Foster- YVb eeler

-,■--.*

...—10

7% conv preferred

*
*
100
10

Francisco Sugar Co

830 Franklin Simon pref

119,500 Freeport Sulphur Co
Gabriel Co

(The) class A
*
19,400
Gair Co Inc '(Robt)..
1
90,000
$3 preferred
10
27,200
Gamewell Co (The)
*
15,890
570 Gannett Co Inc conv $6 pref--*
Gar Wood Industries Inc
3
58,000
Gaylord Container Corp
5)4 % conv preferred

5
60

Gen American Investors

12,100
1,600
29,500
2,700
44,900
77,000
2,140
19,300
134,200
23,300
19,100
28,100
4,570
799,000
163,800
4,300

*

$6 preferred
Gen Amer Transp Corp
General Baking Co
$8 preferred

—*
5
5
*
5

General Bronze

19

Sale

72

80

424
30

524

50

634
102
10324
5624 Sale
724 Sale
624

138

145

1824
11324
4024
4724

324
Sale
23
5334
Sale
Sale
Sale
Sale

$4.50 preferred
*
General Gas & Electric cl A__*

117

121

preferred A
*
—*
24,600 General Mills
5% preferred
100
6,610
General Motors Corp
—10
1,148,200
$5 preferred
.*
24,400
Gen Outdoor Advertising A_.»
19,800

40

General Cable Corp

Preferred

—

*

Class A

7%

General Cigar

Inc..

7% preferred

100
*

-—100

General Electric Co
General Foods Corp

53,600

*

*

$6

160

conv

Common

112,100
27,300 General Printing Ink
$6 preferred
600
.

...1
*

3

1124
2124
53

124 Sale
91

Sale

9324

12824 Sale
5424

Sale

12524 128

3f* 3!h
924
105

924
110/

General Public Service...._..*

General Railway Signal

6% preferred
Gen Realty &
*

*

100

Utilities Corp.,1

$6 preferred
General Refractories

.*
....*

General Shoe Corp
...1
Gen Steel Castings $6 pref—*
General Telephone Co
20
Gen Theatres

Equip Corp...*
Gen Time Instrument Corp..*
6% preferred
100
General Tire & Rubber Co—6
Gillette Safety Razor
6
$5 conv preferred...
*

For footnotes Bee page




40.

1824
12 24

1924
13

11

1824

1924

89

Sale

24
1724
3224
1424

324
54 Sale
2324

29

18

Sale

1924 Sale
13

Sale

1624
8224
9924
2224 Sale
624 Sale
4724
49
16

Sale

54

24
424

5

90

16"

18
2 54

224

%

May
87
May
17
May
224 May

24# May

16*

Sale

15

82

Sale

82

1624

93
Sale

1024

Sale

10

39

Sale

30

Sale

27 24

23

10

23

14)4
12 24

18 24

1854 Sale
10524 Sale
Sale

44

1854 Sale
Sale

36

23 54
224 Sale

23 24

27 54
106

Sale

108

1954 Sale
83 24
77
5 24
524

17

Sale

102

554

6

1424
86

3424
12

2624
1824
154
2024
100

1054

Sale

8954
37
Sale
Sale

2054
Sale

28

324
Sale

a

Sale
Sale

17

Sale
104

Sale

14

9

10

40

55

14 24
52 24
654 Sale
102 24 103 24
52 24 Sale

Sale

7

354
95
37 24

4

24

100
39

554 Sale

130
124
13124 Sale
124 Sale
3
324
4 24 Sale
7
Sale
13 24
22
Sale
1224
79 24 Sale
5724
Sale

19

11654

Sale
Sale

37
48 24

Sale
11654 118
24 Sale
35

40

94

96

127

-228

53 24
126 24

5524
6 24
8 24
10824
54
1654

15

103 24 106
Sale
30
Sale

ill*
25*
78

12024

116
Sale
40

Sale
Sale

Sale
40
Sale
Sale
118
Sale
41
3624
Sale
4
3 24
Sale
7
724
Sale
10324
10924 100
54
1
,54

17
Sale

98

ft"

91*

Sale
95

%
18 24

19
Sale
1454 Sale
2924 Sale
22 54 Sale
28 54

12

Sale

21

Sale

10524 Sale
1754 Sale
6

4624

Sale

4824

X22

Sale

12

Sale

1?*

Sale

1824
824 Sale
1624
1524

98

103

11

2

54

20

89
4

19

19

61

62

3 24
2024
2654

11

84

3224
1024
25 24

10324 105
Sale
924

55

124
2 24

,

124
a

51

Sale
Sale
15

31

101
24

15
524 May
May
21 158
23 175
May
May
22 36
28 16)4 May
28
54 May 17
40 24 May
21
3
17 24 May 10
21

2)4 May 25
5
May 21

Sale

Sale

2254 May
May
1854 May
1824 May
4)4 May
54e May
122
May
1824 May
35
May
41
May
8
May
1924 May
83
May
1354 May
37
May
2424 May
1824 May
94 24 May 10
170
May 11
29"24 May
8
954 May
9
13
May 10
116
May
9
18824 May
1
12554 May
6
118v
May
9
4424 May
8
254 May
8
28 y8

Highest

Sale Prices
13 54 May 22

2154
11)4
854
254
54
9854
1254

2o)4
32

454
1254
56 54
954
3054
14

\\H
71
54

137

May
May
May
May

Apr.
May
May
May
May
May
May
May
May
May
May
May
May
May

14 54 Jan.
5
May

1254 May
114
May
14654 May
114
May
11254 May
2654 Jan.
May

Sale Prices

23)4 Apr.
29 2854 May
22 1954 Apr.
21 2354 Jan.
21
5)4 Jan.
54 Jan.
3
22 125% Jan.
21 2354 Jan.
22 3654 Apr.
21 4354 Feb.
15 1054 Feb.
Jan.
21 20
24 8554 Apr.
15 1454 Apr.
Feb.
22 38
21 2454 Apr.
22 23)4 Jan.
9454 May
21
Apr.
28 171
12
30
Apr.
10
Mar.
21
1354 Jan.
13
Jan.
15 120
28 18954 Apr.
Mar.
22 126
22 11854 Jan.
44 54 May
22
254 May
22

9
6
9
3
3
2
8
10

10
3
21
8

5
9
29

23
10

10
9
24
30
18
17
8
4

19
8
8

3

6 54 Jan.
3
May 15
2
May 21 16654 Jan.
178
Jan.
9
May
22
37
9
Apr.
May
4
1754 Jan.
1054 May
2
154 Jan.
54 Mar.
25
4154 Apr. 16
May
1854 Apr. 20
1054 May

125
159

54 May
May
1854 May
1554 May
24 54 May
54 May
26
May
35
May
102
May
554 May
63
May
66
May
3

22
15

Jan.

4

Jan.

8

21 -36-/r -Jan.—~8'
8
21 3154 Jan.
2
24 33 54 May
154 Jan. 10
22
Jan.
3
21
Apr. 13
22
Mar. 19
22
Jan.
8
21
Jan.
8
31
Jan.
8
31
4

Jan.

54 May 15
54 May 15
154 May 14
May 15

Jan.

84

Mar.

8
4

Jan.

5

Jan.

3

Apr.

4

80

Sale

2
Sale
Sale
17 24

45

24
124
124

32 24

24
724

124
5 24
19 24

13

246
124
124

Sale

Sale
Sale

Sale
1324

Sale

Lowest

24 May 22
124 May
2
6
May
2
May 15
ay-24 34^-May—4
1554 May 21 3054 May
7
24 24 May 24
33 24 May
124 May
,54 May 22
26
May 21 37
May
35
May 22 46
May
102
May 22 10724 May
10
May
554 May 21
64
May 27 7954 May 10
67
May 28 85
May
85
May
May 17 92
54 May 15
% May
24 May 15
154 May
124 May 14
224 May
May 15
154 May

2624 May
% May
3 24 May
3024 May
17 24 May

Sale

224
324

Sale

Sale

159

Sale

Sale

103

39

10924

May
May
May
22
May
1024 May
24 May
25
May
1024 May
3

125

Sale

37

424

2824

524

Sale

1424

26 24
Sale

3

3224

102

Sale

80

33

Sale

2024
25%
54
27 24
3524
10224
654
63

Sale

29

••

23

Sale
Sa

Sale

35

*16

Sale

24
324

Sale

22

*

Sale

1224

95

Sale

Corp

Fidelity Phenir

28

Sale

%
%
124 Sale
2 24
224
154

100

Ferro Enamel

Sale
Sale
54« Sale

2654
1124

66

Sale
424
1
8624

158

73

99,

85

Sale
Sale
160

128

84

2824
4)4
24

4)4 % preferred-.

Sale^

93

16

*

3 24

1524

90

Sale

Federated Department

13 54 May 22
21)4 May 29
11)4 May 22
8 24 May 21
Sale
Sale
224 May 21
)4 May 22
9824 May 22
12 24 May 21
13 24
Sale
2524 May 22
32
37
May 21
4 54 May 15
Sale
Sale
1224 May 21
56 2£ May 24
82
9 24 May 15
1124
Sale
3024 May 22
14
Sale
May 21
Sale
1124 May 22
Sale
7154 May 21
Sale
137
May. 28
15
Sale
May 21
5
Sale
May 21
1224 May 13
1024
114
May 15
Sale
14624 May 28
Sale
114
"May 22
Sale
11224 May 22
Sale
2754 May 21
132 May 22
Sale

80

Sale

Federal Water Service A

Sale

7824 Sale

1524

124

6

Sale
Sale

35

27

Fajardo Sug Co Porto Rico-.20
Federal Light & Traction—15
$6 preferred
*J
Federal Mining & Smelting—2'
Federal Motor Truck
*

21,200
4,000
30,300
13,500
1,450
62,000

190

Sale

Sale

,

Sale

30 24
32 24

424
3924

1

1

tale

3

6% preferred series
9,100
30,600 First National Stores
Flintkote Co (The)-.
103,200
Florence Stove Co

56,500
150,800
25,600

1)4
524

354
954
33 24
•54
6 54
46 24
27 24

5

90 Filene's (Wm) Sons Co
43.100 Firestone Tire & Rubber

50

3524 Sale
1624
1624
24 Sale
3924 Sale
16 24 Sale

Exchange Buffet Corp
*
Fairbanks Co 8% prererred_100
Fairbanks Morse & Co
*

165,500
3,900
4,920
79,900
77,800
23,600
1,400
6,900
64,300
18,300
14,700
4,800
17,700
44,500

22,100
53,900
5,200

176

824
23 24

144,500 Evans Products Co
Ex-Cell-O Corp

11,800
46,900
1,030
56,400
19,800
47,300
27,100
21,910
62,900
53.000
11,100

1854
8 54
624
13 24
924
1224
115
Sale
11424
156)4
18824 Sale
125
12524 12054
114
11524 116
40 24 Sale
2854

173

6

140

Sale

Sale

*

*

27 54
8

176

2

*

Sale

173

12,000 Edison Bros Stores Inc

440,100 Electric Boat
Elec & Musical Industries—

Sale.

5)4
16624

49,900 Eitingon Bchild
218,500 Electric Auto Lite (The)

670

11,500

Sale

Sale

Sale

24,600

6,400
24,300
3,800
3.250

120*'

16

2124
13 24
924
2 24

Sale

Highest
Sale Prices

Sale

Sale

Sale

iH

*

Ask

Sale

*

220

35,600

1824
1724
454

*

9,600
560

22 24
28

Lowest

Sale Prices

May 31

*

2Y.566

25,300
69,300
1,000
1,500
31,500
24,900
5,600

%

9
Sale

j

Doehler Die Casting Co
Dome Mines Ltd

"8*666

200

42

1

Ask Bid

335,700 Douglas Aircraft Co Inc
47,500 Dow Chemical Co

12,800
11,000
16,900
2,400

89,100
1,400
3,300

Sale

*
—

Class JSl

45,800
9,000
1,350
277,700
17,100
8,400
4,700
39,700
24,100
32,800
7,100

390

Sale

100

5% prer with warrants
Dixie-Vortex Co

American shares
22,200
292,100 Electric Power & Light
347866 —153rl"00 ~^-preferred——■
$6 preferred
76,000
18,000
32,700 Electric Storage Battery
8,900
15,500 Elk Horn Coal Corp
5,800

1,700

Sale

2

4,900
108,300

11,500

26
Sale

25

Diamond T Motor Car Co

May

Ask ! Bid

Par

182,900
20,500
16,700
105,900
123,100
4,800
12,800
14,300
21,100
9,900
41,100
121,700
7,600
9,790
11,210
75,700
113,600

1

1940

Jan. 1

60,500
7,800
4,200
34,400
62,100

RANGE SINCE JAN.

Jan. 2

N. Y. STOCK EXCHANGE

Since

Shares

EXCHANGE-STOCKS

N. Y. STOCK

34

12

x4% Sale
39
3624

2454

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

154 May
254 May
10H May
May
98
May
354 May
x9
May
50
May
354 May
96
May
3554 May
554 May
118
May
154 May
454 May
115a May
50
May
12 54 May
102
May
2654 May
36
May
111)4 May
May
May
May
May
3754 May
116
May
35
May
354 May
554 May
102)4 May
54 May
9)4 May
90
May
54 May
15
May
20
May
May
May
May
May
May
10554 May
10)4 May
454 May
33)4 May

35*

lis*

11*

21

23

20
28
21
21
29

27
15
22
28
28
21

21
20
21

21
22

22
28

20
5
21
21

21
22
22

24

28

3 54 May
1
9)4 May
9
3454 May 10
May 15
6 54 May
2
1
4654 May
29
May 10
16
May
100
May
22
May
354 May
54 May
22)4 May
925-4 May
May
May
May 13
May
105 54 May
44 54 May
1854 May
36)4 May
24)4 May
2
May
28
May
106
May 11
6
1954 May
76
May 13
May 10
29" May 11
3
3754 May

288
\VA

2

554
1954
17 5-4
103 54
5)4

61*
10354
53
7 54
132
3

7

2254
79 54
1954

11754
37)4
49 54
1175-4

36)4
9754

127

5854
7

10954

98

3!*
1454
3154
22)4
12

2354
106
18

654
47

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

9
1
1
10
6

10
3

10
10
1
13
9

2)4 May
5
May
2054 Jan.
9ie May
3 54 May
30 54 May
1754 May
11
May
87
May
17
May
2 54 May
7i« May
15
May
82
May
10
May
2754 May
1454 May
1254 May
84

May

3254 May
10% May
25)4 May
19
May
154 May
19
May
105

Feb.

954 May
61
May
2 54 May

8
10

1

25

May 10
Jan.

3
Mar. 11

Apr.
Apr.
Apr.

8

18
3

Mar. 27
Jan.
3
Jan.

Jan.
Jan.

Apr.
Jan.

Feb.
Jan.

_

14
5

Jan.

3

Jan.
Jan.

24
2

Apr.
5
Mar. 26
Apr.
Jan.

4
9

Jan.

9

Apr.
4
Apr. 29
Apr. 30
Apr. 18

May

Jan.

29

24 % May

Apr.

15

154 May
254 May
1054 May
12
May
98
May
354 May
x9
May
4854 Apr.
354 May
96
May
35 54 May
554 May
118
May
154 May
454 May
1154 May
4854 Feb.
12 54 May
102
May
2654 May
36
May
11154 May
May
May
77 54 May
118
May
3754 May
116
May
35
May
354 May
554 May
10254 May
54 May
9)4 May

Jan.

9

20

36*

8654 Jan.
8

Feb.

Apr.

1354

May
May
May
May
May
May
May
May

98

Feb.

15*
20

1154
14

16 54
7 54

1054 May
454 May
33)4 May

Apr. 24
Apr. 30
Mar.

5

Mar. 27

Apr. 22
Apr. 24
May
3
Apr.
4
Mar. 20
Jan.
3
Jan.

8

Jan.

4

Jan.

9

Jan.

3

Apr.

8
Apr. 24
Apr. 16
Mar. 27
Jan.

2

Apr.

15

Jan.

6

Jan.

2

Jan.

8

Apr.

8

Jan.

5

Apr.

8
Mar. 23

May
Apr.

4
8

Jan.
Jan.

10

Jan.
Jan.

11

Feb.

21

3
4

Apr.
2
1854 Apr.
5
4
3354 Jan.
1554 Jan. 11
3154 May 10
24 54 Mar.
13 54 Jan.

7
4

2354 Apr. 27
106
May
1
23 54 Jan.
4
6 54 Mar.

6

51% Mar. 14

AGGREGATE
SALES

Jan. 2

1940

exchange

n. y. stock

May

May
Shares

58,800
3,500
25,600
900

23,100
19,400
80

79,600
5,700
111,000
5.100
5,600
280

58,700

27,400
5,000
4,600
13,100
12,300
2,100
35,500
146,000
15,800
380

12",256
142,700
8,200
100,600
21,000
850
1,400
2,700

1,400
240
21,300
~2t400

240
1,060

22,200
50

7,800
1,400
106,600
3,500
44,000
1,800
70
15,800

17,200
780

800
800

1,000
13,500
6,300
17,700
180

74,100
2,300
46,400

2,200
1,000
58,200
7,400
2,800
1,800
22,400
43,900
27,800
79,400
7,600
500

870

6,000

20,600
6,400
150

17,500
102,000
7,400
14,800
500

15,300
960

6,200
141,500
10,200
3,500
9,600
52,700
1,000
40,000
202,300
27.800

259,800
9,200
98,700
4,500
430

500

6,900
4,300
50

9,400
1,600
4,100
20

2,200
690

41,400
30,500
500

38 H

2% Sale
2)4

Sale

83 *4

88
Sale

1954
64*4
2354
92*4
3*4

Hayes

Mfg. Corp

—

Hazel-Atlas Glass Co
Heeker Products Corp
Helme (G W)

66
Sale

94*4
3*4
69

Sale

*

15

11,900
2,800

Household Finance—
Common stock

5 % preferred
100
109.100 Houston Oil of Texas v t c—25
--5
24,200 Howe Sound Co—

21,600 Hudson & Manhattan.....100
5% preferred
100
11,100
76,900 Hua Bay Min & Sm Co Ltd —*
*
96,900 Hudson Motor Car.
90.600 Hupp Motor Oar Corp .
1
150,500
14,600
3,130
4,320
21,200
51,300
16,700

Illinois

Central

100

RR

100

6% preferred series A

Leased line 4 %
-100
RR sec stock ctfs ser A-1000

Refining
10
Industrial Rayon Corp
Ingersol-Rand580
6% preferred
100
45,500 InlanaSteel251,000 Inspiration Cons Copper—_20
1
27,300 Insurancshares Ctfs Inc.
Indian

26
1

Sale
Sale

140
60

24,

31*4
35*4

Sale

Sale
131*4
61*4
115*4
Sale

Sale
6*4
13*4
110
Sale
34
Sale

Sale

4*
Sale

Sale

118

Sale
88*4

Sale

Sale
133
Sale

Sale
Sale

.--100

Sale

International Salt
*
International Shoe
-*
International Silver..--.—-50

Sale

36*4
28*4
100
Sale

Sale
Sale
Sale

*

Intertype Corp
Island creek Coal

9

2554

Johns-Manville.
Preferred

1

-

66

Kalamazoo Stove & Furn Co 10
260 Kansas City Lt 1st pref ser B.*

Sale
Sale

120

Jones & Laughlin Steel

*
19,700 Kansas City Southern...
4% preferred
100
4,600
6,100 Kaurmann Department Stores 1
300
5% conv pref erred
-.100
7,000 Kayser (J) & Co—.—-—--5
1.110 Keith-Albee Orpheum pref. 100
Kelsey Hayes wheel—T
Convertible class A—
1
145,300
Conv class B
102,200
1,570 Kendall Co $6 part

see page




40.

pref Ber A.*

Sale

14*4 Sale

34

93

Sale

!|__16*4—17—
106

100
15
95

Sale

10
Sale

"26"
9*4

Sale
Sale

14

16

2

2*4
11

126

5*4

2*4
90

109

7*4
87

109

164

166

150*4

19*4 Sale

14

99
132
65

133*4 128

HO,,

114
Sale

Sale

Sale

Sale

6*4

54*4 Sale
37*4
37*4
14*4 Sale

zl00*4May
96
May
16*4 May
130
132
May
5*4 May
6
89
89
May
2*4 May
Sale
90
92
May
7*4 May
Sale
97
94
May
163
May
160
12*4 May
14*4
Sale

81*4
47

97

76*4 May
May
May
94*4 May
14*4 May

84

128
57

Sale

57
105

14*4 Sale
22*4 Sale

19

4*4 May
May
May
May
28
May
8*4 May

5
11

May

Sale

108

103
35

39*4 Sale
28*4 29*4
10*4 Sale

20*4 Sale
5*4 Sale
% Sale

3*4
12*4 Sale
3*4 Sale
*4 Sale

54*4 May
May
3*4 May
29*4 May
*4 May
2*4 May
12
May
3
May
*4 May

10*4 Sale
21
21*4

6*4 Sale
14
12*4

5 *4 May
12
May

40

32

71*4 Sale
109*4 110*4
5*4 Sale
Sale

1*4

1*4

4

5

42

4*4

5*4

8

Sale

25

110

54
99
4

30*4

m

Sale

154*4 158
89

Sale

14

Sale

6*4 Sale
3*4 Sale
3
2*4
41*4 Sale
110*4

U4*4

10*4
1*4

Sale

34

Sale

2

140
71

854
4*4
2*4
2*4
25*4
90

2*4
7*4
1*4
18*4

147
175*4 Sale
41
57*4 Sale
164*4 140
161
2*4
3*4 Sale
5*4
13*4 Sale
4*4
5*4 Sale

_

3*4
51*4
36*4
24

23*4
100

3*4
3*4

8*4
87

7*4
27*4

20*4
109*4
12*4
46*4

10*4

Sale

37

71*4

Sale

50

127

63*4 Sale
14
14*4
..---

123*4
51*4
10

118
3h

18*4
12*4

13

97

82

9*4

„

10*4
103

11*4
108

Sale
9*4 Sale

16*4
103

22

17

May
May
May
May
24
May
15*4 May
May
27*4 May 11
140*4 May 13

22
22

29'
15
28
21
18
21

34*4 May
8
15
May
1
11*4 May
1
24*4 May 10
3*4 May 10
28*4 May 10
3*4 May
6
16
May
1

34*4 May
35 *4 May
16*4 May

105

Sale

31*4

31*4 May
3
May
5
Sale
May
Sale
16*4 May
72
Sale
May
140
Sale
May
66*4 May
Sale
Sale
7*4 May
5
5
May
2*4 May
2*4
2*4 May
3
24
Sale
May
95
May
2*4 May
Sale
6*4 May
1
May
1*4
18*4 May
22
140
Sale
May
33

4

.

9|

Sale

147

38

May
May
1*4 May
5*4 May
3*4 May

145

Sale

Sale

4*4
Sale

106

May
103*4 May
25
May
137
May
8*4 May
101*4 May
4*4 May
109
May
10*4 May
May
109
May
165
19*4 May

71*4
111*4
6*4
43*4
1*4
4*4

Sale

«§*
98

3
7

9
May
34*4 May
May
Sale
122*4 May
48*4 May
55
10
10*4
May
117*4 May
120
4
3*4 May
11
Sale
May
9
May
10*4
92
May
100
Sale
May
103*4 98*4 May
Sale

Sale

45

5*4 May
*4 May 17

11*4 May
21*4 May

May
8
4*4' May 11

41

,

1
8*4 May
7
25*4 May
110
May
1
154*4 May 15
89

14*4
3

78

2*4
41*4
111

4*4
11*4
1*4
34*4
176*4
57*4
163

3*4
13*4
6*4

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

11

21
22
21
21
22
21
29
21

2l
22
28
15
22
14

4*4 May 22
10

6*4
10

26

'21*4
11*4
15*4
18*4
131*4

58*4
19*4
44*4
4*4
3*4

Apr.

88

Jan.

8

20*4
69*4
24*4
97*4
4*4
71*4
1*4

Apr.

4

Mar. 7
4
Apr.
Feb. 21
8
Feb.
9
Jan.
Jan. 30

1

10
1

1

15
1
2

10
10
6

4

May

Apr.
Apr.

3
8
8

Feb.

21

Jan.

8

142

Feb.

6

Mar.

55

Jan.

29

35*4 Apr.
17*4 Jan.

4

12

3

May
9*4 May
9
May
16
May
1*4 May
11
May
2
May
8
May

5*4 May
12
May
31*4 May
3
May
5
May
16*4 May
72
May
Jan.

Jan.

5

4

Jan.

4

Apr.

8

22

Apr. 22
Jan.

9

Fefe,JJ9-

Tan.
Jan.
Mar.
Jan.
Apr.
Apr.
Apr.
Apr.
Jan.
Apr.
Apr.
Mar.
Apr.

8

12
30
4
12
5
9
16
29

8
8
20
22

Apr.

9

Jan.

30

Apr.

16

Jan.

9

Jan.

4

Apr.

4
4

Mar.
Apr. 20

Mar. 30
Jan.

12

Apr. 13
Apr. 15

71*4 Apr. 25

17 111*4 May 13
Jan.
3
Feb. 21
50
28

22

Feb.

3
22
24

20

7*4 Feb. 20
27

Jan.

5

15

6*4 Feb. 17

14

Jan.

23

9*1

2

Jan.
Jan.

18

13*4
24*4
43*4
6*4

Apr.

21

21
25

29
25 118
21

3 158

66*4 May 22 90*4
15*4
7*4 May 22
5
6*4
May 23
2*4 May 21
5*1
3
2*4 May 15
24
May 24 47*4
95
May 29 113
5
2*4 May 15
6 *4 May 21
12*4
1
2*4
May 21
18*4 May 21 38
140
May 22 191*4
38
May 22 62*4
145
May 25 171
1 *4 May 22
5*4
5*4 May 22
14*4
7
3*4 May 23

Apr.
Jan.
Jan.
Jan.

Apr. 16
Apr. 27
Apr. 11
Feb.

9
17
May
1
May 21
May
1
May 22 52
May
1
May 25 77*4
May 10 122*4 May 22 132
May 11
48*4 May 15 69
10
7
May
May 24 16
2 117*4 May 28 121
May
6
May
May 21
9
May
May 23 20
9
6
May
May 23 15*4
92
94
21
May 20
May 21 97
11
May
3
15*4
21
May 21
Jan.
9 109
95
21 103*4 May
8

8*

i\H

8*4 May 21
4 54 May 22
90
Jan.
2

14

Feb. 28
Jan.
8
Mar. 20
Mar. 28
Jan.
6
Jan.
4

Apr.

5

Jan.

3

Mar. 12
Jan.

4

Jan.

22
5

Jan.

Apr. 20
Jan.
3

lP

9
9
1

2

18

34*4
May
37
30
May
20*4
9J4 May.
10 *4 May 22TTT
:rlO0*4May 16 106*4
105*4
96
May
28*4
16*4 May
138
130
May
9*4
5*4 May
104
89
May
4*4
2*4 May
113>4
90
May
11*4
7*4 May
110
97
May
166
155
Jan.
21*4
12*4 May

54*4 May
May
3*4 May
29*4 May
*4 Jan.
2*4 May
12
May
3
May
*4 May

Jan.

25*4 Apr. 29
3*4 Apr. 18
30*4 Apr. 18

30

105

Apr. 24

.

14
21
22 48
25
71*4
22 127
15
65*4
14
24
28 120
6*4
21
23
18*4
23
12*4

10

Jan.

May
May
May
May
May
May
May
May
May

23

150

Apr. 22
Apr. 11

9*4 Apr.

14*4
10*4
16*4
36*4
24*4
18*4
28*4
29*4

2

Jan.
4
Mar. 26

May
20
May 21 38*4 Jan.
May
Jan.
109*4 May 31 133
May
10*4 May 21
21*4 May
May
73
40*4 May 21
Apr.
May
5*4 Jan.
154 May 18
May
38
May 21 56*4 Feb.
May
26*4 May 28 37*4 Apr.
25
May
May 23 36*4 J an.
May
Jan.
13*4 May 21 28
May 10
97*4 Jan. 15 102*4 Apr.
May
9
1*4 May 15
4*1 Jan.
1
May
Jan.
1*4 May 15
3
May
Jan.
4*4 May 21
7
May
75*4 May 25 90
Apr.
1
Jan.
May
6*4 May 21
Mar.
May
3
20*| May 23 28
Jan. 13 127*4 May
May 14 123

17 *4 May
8*4 May 21
4*4 May 22
9*4 May
May
May 18 103

97

14
13
1
'4
9
11
7
6
1
3
14
1

May

110

10
Sale
5*4 Sale
87
97

6

May.
1
May 13
May
9
May
May
May

21

Sale

Sale

4*4 May
May
May
30
May
2
May
2
May
80
May
10
May
45
May
12*4 May
71
May
1 % May
25
May
*4 May
43

Sate Prices
9
Jan.
3

May
23 99
76*4 May 23 100*4
28 130*4 May
127*4 May 31 133*4
65
May
25
57
May 25 67*4
21 113*4 May
94*4 May 21 115*4
14 17*4 May
18*4
14*4 May 14
32*4 May
21
19
May 21
35*4
6*4 May
15
7*4
4*4 May 15
21
15*4 May 10
8
16*4
May 21
May 13 103
13 103
May 13 110
54*4 May
1
21
35
60*4
May 21
37*4 May
3
22
28
May 22 38
9
14*4 May
21
16*4
8*4 May 21

20

Sale

16
21
23
27
21
28
21
21
28
18
15
23

4*

Sale

88

29

8*4 May 10
14*4
10*4
14*4
36*4

o

14

126

21

22
21

May
*4 May 17

May 21 29*4
May 28 129
10*4 May 21 21*4
40*4 May 21
72*4
Sale
Sale
3*4
Sale
3*4
l* May 18
38
38
40
May 21 51*4
Sale
25
29*4 26*4 May 28 36*4
36*4
25
May 23 34*4
29
28
34*4
24
13*4 May 21
24*4
15*4 Sale
95
98*4 May 14 100
87
104
Sale
1*4 May 15
3*4
Sale
2
Sale
1*4 May 15
3*4
2
Sale
4*4 May 21
8*4
5*4
9
80
75*4 May 25 88
90
7*4
Sale
5*4 Sale
5*4 May 21
20*4 May 23 27*4
28
21*4 22
126
Sale
May 31 127*4
126
130

29*4 Sale
128*4 Sale
Sale
19*
70

60
105

3A

Sale

4

18

48

-May-22 -IT""DsiayTr

.

95

Sale

103

42

23

May 21
30
May 20
9*4 May 21

—14—Sal

85

10*4 Sale
105

27

30

29*4
30*4
32*4
36
12*4 Sale

19*4 Sale

3*4 Sale

17*4
32*4
6%
14*4

May
9*4 May
9
May
16
May
.1*4 May
11
May
2
May
8
May

Sale

96

101

107

23

27

Sale

135*4 150
8*4 Sale
99

May
May
May
May
May
May
May
May
May

7*4 May
May
17*4 May
44
May
3*4 May
2*4 May
85*4 May 13
17
May
65
May
21*4 May
95
May
3*4 May
57

50

10*4 Sale

100

25

26

21*4
22*4
11*4
13*4 Sale
15*4
18*4 Sale
18*4
21*4 Sale
123
131*4 131*4

Sale

102*4

6*4

SH

2

36

16*4

120

11*4 Sale
7*4 Sale
90

3

28*4
3*4

34*4

35

10

12

10*4
29
22

21
22
21
21
22
21
29
21
21
22
28
15
22
14

4*4 May 22

5*4 Sale

Sale

16

6*4
17*4
95
14

2*4
34

10*4

48

16*4 Sale

*
*
74
-100 128

pref-100

For footnotes

2*4
25*4
3*4

127

$6 preferred—
Jarvls (WB) Co—-—
Jewel Tea Inc

Sale

Sale

Sale

Sale
27*4
4
Sale

4*4 May
May
May
30
May
2
May
2
May
80
May
10
May
45
May
12*4 May
71
May
1*4 May
25
May
*4 May

60

Sale

166
Sale
Sale
Sale

7% preferred
100
International Tele & Tel
*
Foreign share certificates— *
Interstate Department Stores *
"Preferred
10

Sale

Sale

Amer—*

5% preferred

Sale

60

50

11*4

Sale
Sale
Sale

100

137*4

15

Agricultural--------*

5% conv preferred
Internatl Rys of Cent

26*4
27*4 Sale

Sale

Sale

Preferred
100
International Paper & Power 15

Sale

Sale

109
Sale
Sale

International Nickel of Canada*

Sale

14

33*4 Sale

Sale

100

14*4

Sale

3*4

7% preferred

8*4 Sale

35*4 Sale/
23
23*4

24*4

5*4

Internat Hydro-Elec Sys A_25
International Mercan Marine.*
Internation Mining Corp..—1

Sale

Sale

Sale

Sale

Lowest
Sale Prices

11

Sale
80
11*4 Sale
49*4
46*4

Sale

Sale

Prior preferred
-—100
Int. Business/Machines..
*
International Harvester
*

M
2

Sale

Corp--—----*

Internat

36
Sale

28

14

6% preferred
100
Intercontinental Rubber—- - - *
Interlake Iron
—*

Interchemical

32*4

J*

10

Sale
13*4
24
10
Sale
6*4
6*4
5*4 Sale
18*4 Sale
50*4

Sale

ii»
72

*4

Highest
Sale Prices

43

47

12

21*4 Sale
94*4 Sale

Sale

12*4

16

Sale

Sale

5*4 Sale

100

113,000 Jlnterboro Rap Trans
Certificates of deposit
800
46,300
4,150
10,800
342.500
40,200
11,300
22,500
172,900
4,500
95,300
763,700
45,100

3'

Sale

14*4

68*4 Sale
110*4 114
6
Sale

49]

17

Ask
Sale

41 *4

Highest

Lowest

Sale Prices

May 31

64

Sale

109
--25 107
100 155*4 160

7% preferred

1

Ask Bid
Sale
4*4

55*4
17% Sale
43*4
44*4
3*4 Sale
2% Sale
88
85*4

Sale

3*4 Sale
-2
25 111*4 Sale
10
Sale
1

89*4
---*
56,700 Hercules Powder
2,840
6% preferred
100 131
5,200 Hershey Chocolate
* 60*4
$4 conv preferred:
-* 113*4
4J500
18
3,000 Hinde & Dauch Paper Co—10
10
33*4
31,700 Holland Furnace (Del)
554
5
23,700 Hollander (A) & Son
12*4
44,700 Holly Sugar Corp
210
7% preferred-.-—100 102*4
59
-12-50
138,900 Homestake Mining
31*4
8,000 Houdaille-Hershey class A—*
13*4
Class B
—♦
128,500

45,400
19,800
73.900
1,810
22,500
15,500

330

}

60.500 Hercules Motors

14,500
8,600
27,300

184,900
15,600
20,200

50

(Adolf)--

Sale

51

25
4,900 Hackensack Water
34
Preferred A
-—25
1,170
18*4 Sale
79,900 Hail Printing
-10
46*4—48
4^300 Hamilton Watch------------- 108
630
6% preferred
—100
102*4 103*4
2,530 Hanna (M A) Co $5 pref
27
Sale
48,500 Harbison Walker Refrac—150
130
6% preferred
100 135
7*4
7*4
26,700 Hat Corp class A—
--1
91
2,290
6*4% preferred
100 87

280

800

-

Sale

Bid

Sale

30*4

90

6,200
4,700

—

19,300
$5 preferred
278,000 Goodyear Tire & Rubber
13,700
$5 conv preferred
19,600 Gotham Silk Hosiery
68
Preferred
1,060
10V
*4
261,800 Graham-Paige Motors----—
Granby Consolidated Mining
7 *4
80,200
Smelting & Power Ltd-- —
Grand Union Co (The)—
14*4
With div certifs
13,800
9*4
Without div certifs
14,200
16
19,200 Granite City Steel
33,100 Grant (W T) Co
-10 33*4
23*4
5,300
5% preferred-*0
17 *4
126,400 Great North Iron Ore Prop—*
26*1
402,400 Great Northern pref--*
28*4
43,700 Great West Sugar
---'
Preferred
100 134
2,810
45
50 Green Bay & Western RR-100
46,700 Green (HL)Co
1 33
17
395,400 Greyhound Corp (The)—- - - *
21,400
5*4 % preferred
—10 11*4
116,400 Grumman Aircraft Eng Corp.l
"2*4
61,900 Guantanamo Sugar
21
2,850
8% preferred
100
3*4
3,400 Gulf Mobile & Northern—-100
7.100
6% preferred-100 17*4

4,400
4,200

1,270
1,500

Ask

8*4

$6 preferred
Glidden Co (The) ----4*4% conv preferred
Gobel

Bid
50
17 *4

Gimbel Brothers

Goebel Brewing Co.--- — --A
330 Gold & Stock Teleg Co---100
195,500 Goodrich (B F) Co
------

552,600
6,600
1,434,900
541,400
15,200
6,180
6,800
16,300
9,900
2,300
426,400
47,800
40,700
1,020
11,300
10,700

199.600
3,200
501,500
156,900
4,000

Par

Shares

140,700
16,500
66,800
5,500
123,900
71,900

RANGE SINCE JAN. 1

PRICES IN MAY

Price

STOCKS

In

35

STOCK EXCHANGE-STOCKS

N. Y.

June, 1940]

Jan.

4

11

3
29
24
6

12
5

10
9

13

14
3

Mar. 27

Jan.
Jan.

Apr.
Apr.

4

15

9
4

Mar. 15

Apr.
Jan.

4
5

Jan.

8

Feb.

23

Jan.

8

Apr. 18

7*4 Apr. 23
19*4 Apr. 23
Apr. 16

103*1

36

N.. Y. STOCK EXCHANGE-STOCKS

AGGREGATE
SALES

PRICES IN MAY

Price

STOCKS

In

May

Shares

551,600
31,800
28,500
12,200
6,580
96,600
3,300
27,500
165,500

215,400
I.1,600
6,700
5,000
1,930
32,700

2,100
4,500
52,000
960
430

II,300
1,100
13,000
5,400
220

33,100
19,000
15,100
37,700
5,600
5,400
35,300
27,500

-

3,700
2,100
18,500
1,000
2,600
15,600
4,800
10,400
18,100
599,200
57,600
2,400
784,200
18,500
15,900
8,400

2,060
1,720
33,000
4,700
41,600
19,600
1,550
59,000
75,800
41,900
140,400
14,900
16,800
98,000
96,100
10,700
10,800
63,700
3,800
10,700
35,200
17,200
27,400
64,800
1,378,200
188,200
6,400
2,747,800
64,900
42,500
22,600

May

Kennecott Copper
Keystone Steel & Wire Co
Kimberly-Clark
Kinney (GR)
$5 prior preferred
Kresge (S S) Co
Kresge Department Stores
Kress (8 H) & Co
Kroger Grocery & Baking

5% preferred
(The)
Lane Bryant
Lambert Co

6,900
6,000
40,700
1,400
310

1,000
5,100
32,700
5,600
7,600
61,200
3,890
37,700
231,500
107,500
8,700

19,100
70

12,800
8,000
700
960

7,900
23,000
300
11,800
4,300

12,800
38,700
76,000
19,700
15,900
170

31,500
270

2,400
9,200

31,400
1,300
24,700
12,400

21,400
720
590

240,900
600

1,790
26,600
17,800

5,600
24,400
1,110
5,100

5,400
360

56,800
800

Sale

178%
18
Sale

*

Sale
Sale

*

Sale

Sale

tManhafn Ry Co 7% guar.100
Certificates of deposit.—
Modified 5% guaranteed 100
Certificates of deposit..—

25
.1
-5
pref 100
*
L) Co—
1

Shirt
Oil Explor
Marine Midland Corp
Market Street Ry prior
Marshall Field & Co
Maracaibo

Martin (Glenn

Martin Parry

Corp

Masonite Corp

Mclntyre Porcupine Mines..
McKeesport Tin Plate
McKesson & Bobbins, Inc

_5
10

460

Sale

133

Sale
Sale

134%

--1

Co.

preferred

5,300
64,000 Melville Shoe Corp

1

—

-1

135,000 Miami Copper
-5
98,800 Mid-Continent Petroleum.10
45,300 Midland Steel Products.. — -*
4,400
8% 1st preferred
—100
36,500 Min-Honeywell Regulator Co.*
4% conv preferred ser B..100
1,850

3iH
26
27

7

135

95,000

26,600
63,100
1,700
1,430
510,300
1,900
8,050
91,600
57,100
25,600
47,800

preferred
Mills
Monsanto Chemical Wks
$4 50 preferred
Convertible

Preferred series B

Montgomery Ward &
Morrell (J) & Co...Morris & Essex

Motor

Products

16

4%
6%
14%

Sale

%
3%

Sale

3

14 %

Sale

1%
Sale
Sale
Sale

Sale

37%

100
Sale
Sale
110
25
8
Sale

Sale
Sale

1A*
60

Sale

43%
12%

Motor Wheel Corp
Mueller Brass Co

Sale
Sale
Sale

32% Sale
30

Sale

51%
3 k
27%
101%
15

Sale

Sale
Sale

11

29

Sale

106% 108
13% Sale
79
78%

10%
15%

Sale
Sale

38

Sale

Sale

120

Sale

Sale

52% Sale
105% 107% 100

108

14%
Sale
Sale

Sale
Sale

4%
47%
10%

Sale

Sale

118

120
Sale

44%

M*
117%
117%
121%
49%
42

Sale

30

Sale

Sale

Sale

Sale
Sale

11%
69%
Sale
Sale

52

4

11%
89%

Sale

115%
36%
33%
23%
10%

Sale

Sale

14%
16%
22%

4%

%

112

27%. Sale

35%
10%
67%
109%

1%

Sale

Sale
Sale

7%
%

Sale

16%

Sale

Sale
23

4%

13

16%
2%

23
31% Sale
9%
13% Sale
62
79% Sale
109% 111% 101
7

51%

Sale

53

Highest
Sale Prices

24% May
10
May
May
May
May
May
2
May
24
May
23% May

27%
1%
17%
19%

4%
37

21
21
21
22
20
23
21
29
22

4

May 21
8% May 23
May 15
3 % May 28
16% May 21
15% May 22
104% May 27
1% May 23
% May 15
2
May 17
15% May 21
9% May 18
18% May 21
32% May 21
5
May 15
33
May 28
87
May 22
87
May 22
170
May 22
16
May 22
13% May 21
27
May 21
9
May 15
10% May 21
27% May 18
20% May 21
97
May 22
15% May 21
29% May 23
,~2—-May—
15
May 25
105% May 23
18% May 17
140
May 22
15% May 21
38
May 18
12

25% May
Sale
132
May
Sale
17
May
Sale
20% May
9%
9% May
Sale
21% May
Sale
2
May
4
5%
May
24
29%
May
Sale
24
May
16%
14% May
Sale
13% May
13%
11% May
Sale
% May
4
3 % May
3%
2% May
9%
8% May
Sale
29% May
Sale
6% May
Sale
22
May
21% May
162
162
May
Sale
36% May
2%
2% May
20
22%
May
Sale
98% May
12
10% May
Sale
10
May
105%
93
May
Sale
17% May
5% May
5%
27

May
5% May
Sale
4
May
Sale
17% May
6
5
May
Sale
94
May
Sale
•7% May
78
75
May
70
60
May
Sale
24% May
Sale
2% May
Sale
11% May
14%
12
May
Sale
24
May
Sale
6% May
Sale
11% May
Sale
23 % May
Sale
103
May
Sale
33 % May
Sale
99% May
Sale

2% May
37
26
May
8%
7% May
Sale
% May
Sale
1% May
%6 May
% May
Sale
9% May
Sale
89% May
Sale
110
May
Sale
113% May
Sale
31% May
37
33 % May
Sale
22% May
10%
8% May
12
13%
May
Sale
15
May
Sale
2% May
Sale
20
May
10
8% May
66
56
May
108
97% May
Sale
4
May
44
42% May

36% May 13
14
May
9
45

2% May
May
May
3% May
28% May
34% May
26

8

16
16

5%
29%
22%
114
3

44

108%
109%
180%
21%
25%
37

13 %

16%
40
35

108%
34%
y%
43 %

3 %
18

109%
24%
162

19%
56%

35%
4%
6%
31%
31%
17%
17%
15%

1%
4%
7

15

45%
13%
32%

24

22

22
23
28
22
21
21
21

23
21
15
15

28
21
o.

May
May
May
May
May
May
May
May
May
May
May
May

1%
3%
24%
13%
27% May
49% May
8
May

12

21

May

30

33%
136%
26%
29%

Q

Sale

3

Sale

16

8%
12%
27%
105%
38%

Sale

%
3%
%

Sale

50

93

Sale

107

55%
43%
28%
11%

6%
4%
18%
5%

Sale

Sale

Lowest
Sale Prices

27

Sale

28

27

4% Sale
21% Sale

115

19%
5%

Sale

Sale

Sale

*

95

30

Sale

33

*

11%

Sale

73

Highest
Sale Prices

23% Sale
39%
2%
20%
98%

Sale

16% Sale
110% Sale
27% Sale
9
8%
37% Sale
9% Sale
6% Sale
27% Sale
8%

9%
33 %
7%
23%

150

170

Sale

25%




12

1%

24

70

63%

class B — .1

For footnotes see page 40.

16%

Sale

8%
62%
59%
25%
2%
13%
12%

$7 preferred
4,870
25,500 Munslngwear
.....
16,800 Murphy Co (G C)
5% preferred
— - -100
560
74,000 Murray Corp of America —10
--*
3,900 Myers (F E) & Bros

Mullina Mfg Corp

Sale

30%
5%
21H
13%
29%
10%
15%
36%
116%
50%

109 %
116

4%
27
29

99

15

25%
2%

Sale

Sale

—50
— *
5
1

4%
6%
31%

9

Sale

100
-20

Co—--*

12%

19%
21%

16%
16%
14%
1%

Sale

10

Sale

130

31

100

Mohawk Carpet

138

25%

31

Sale

100

Sale

29

Sale

57

33

28

30% Sale
161%
52% "53 %
3% Sale
26%

9%

18% Sale
29% Sale
2 %- —2%
3 %
-3l%_
15
15%
17% Sale
108
105% 109%
19% Sale
24% Sale
Sale
161
138% Sale
17
16%
19% Sale
Sale
42
43%
56

Sale

Sale

24%
7%
46M

100

3%
6%

40%
8%

106

91

35 h

Sale

14%
15%

Sale

Sale

14%
14%
15 %
1%
4%
4%
14%

&
98

Sale
93

92

Sale

Sale

Sale

12

45,700 Mo- Kan-Texas
7 % preferred series
81,800

A

Sale

Sale

Sale

29

Sale

17,500 ^Missouri Pacific

W*
20

Sale

23

Sale

62,700 Minn Moline Power Implem. -1
$6.50 preferred
*
5,800
*
39,300 Mission Corp
-

19%
32%
5%
33%

30

25%
29%
11%

Sale

*

100
*
$6 preferred series A
*
$5.50 pref ser B with warr.. *

6% conv
Mead Corp

34%

Sale

5

pref

McLeilan Stores

Sale

36%

—--

63,000 Mathieson Alkali Works—240
7 % preferred
100
35,800 May Department Stores
10
17,000 Maytag Co (The)
— *
S3 preferred
3,500
*
1,800
$6 1st preferred
*
*
25,700 McOall Corp
79,600 McCrory Stores—
--1
1,300
6% conv preferred
100
49,900 McGraw Electric Go
---1
*
17,200 McGraw Hill Publ Co.

$3 series conv

110

24 %
156%
20%
58%

6

-

Manhattan

109

27%

Bros

Sale

Sale

4H

Macy (R H) Co Inc
Madison Square Garden.—--*
Magma Copper
10
Manati Sugar Co
1

2% Sale

Sale

17%

—

%

Sale

43%

*

100

6 % preferred
Mack Truck Inc

Sale
%

Sale

Sale

Sale

—.

38

45%
109

Sale

Sale

-25

Long Bell Lumber A

Sale

34%
108%
34%

106%
18%
46 %

1
*

Loose-Wiles Biscuit

Mandel

Sale

Corp—...-1

Corp

8

Sale

18%
104%

44

Sale

Lone Star Cement

2% Sale
1% Sale
3% Sale
24% Sale
13%
13%
27% Sale
49% Sale

4

Sale
92
108% Sale
178
180% 168% 175
Sale
17
16%
20%
25
25%
17% Sale
37
39%
28%
27%
Sale
9
13% Sale
Sale
12
16% Sale

*
*

Loft Inc

Sale
114

Sale

108

Link Belt Oo__

-

22
111

oS*
Sale

5%
14%

4

Sale

*

$6.50 preferred

Sale

Sale

*

Loew's Inc

25

24

Sale

Lily Tulip Cup Corp
Lima Locomotive Works

49,400 Mengel Co

28,700
1,600
12,800
8,800

13%
28%

-25
100

15,150
5% conv 1st preferred--—50
41,140 Merch & Min Transp Co.--*
5
24,100 Mesta Machine Co——

710

Sale

—

16,100

12,700

Sale

Sale

Liquid Carbonic Corp

Sale

13%
3%
17%
16%

4%
29%

1%
23

2%
23%

10

7%

33

Sale

Sale

*
7
Life Savers Corp
--5
Liggett & Myers Tob com—25

Lockheed Aircraft

Sale

11

Sale

Sale

Corp--5

Co

2%
30
29%
25% Sale
3% , 3%

27% Sale
31%
1%
18%

16

22%
114%

Corp

Lion Oil Refining

44%

16

Sale

Libbey-Owens-Ford Glass
Libby McNeill & Libby

Preferred

Sale
Sale

28

Ask

Sale

Sale

Series B_.

Sale

Lowest
Sale Prices

May 31

Sale

Sale

Lerner Stores

44

Sale

—50

Lehn & Fink Products

34%
13%

1

Ask Bid

34%

Lehigh Valley Coal.
— . *
6% conv preferred--——50
Lehman Corp. (The)
— 1

t'Lehigh Valley RR Co

Bid

29
Sale

Sale

5

Lee Rubber & Tire..

2,260
25,680
8,300
49,700
44,400
15,500
1,280

4%
Sale

Lehigh Portland Cement—25
4% conv preferred-100

830

36,100
112,600
278,600
50,100
33,700
1,220
83,200

Sale

—

10,200 MacAndrews & Forbes Co-.10
101,300
96,000
17,000
19,100
99,100
5,000
3,930
6,050
48,700
235,700
12,700
15,100
182,700
21,770
152,800
655,300
600,900
28,000

3
Sale

100
100
*
*

Laclede Gas Light

3,500
■

14
Sale

1
-*
*

-

380

Sale

*
*
*
1
*
10

680
5% preferred
-.100
94,900 Lorlllard (P) common
-10
Preferred
—100
3,390
*
29,100 Louisville Gas & Elec A
100
23,900 Louisville & Nashville

39,900
38,400

Ask

Par

25,200
1,120
5,800
5.3 GO

230

1

1940

Jan> 1

Shares

RANGE SINCE JAN.

Jan. 2

N. Y. STOCK EXCHANGE

Since

7
1
1

6
1
2
4

2
1
1

1

May
May
May

9
10
3

May
3
May
6
May
1
May 10
May
6
May
May
May
May
May
May
May
May
May
May 10
May
3
May
1

May

25 107
May
28
14% May
85
May
~~

82

33%
4%
21%
28%
31

11%
17%
38%
122

53%
106
15
21

21
18
22

14
14
21

28
23
27
21
21

21

22
21
21

14
21

22
28

22
21
21

May
May
May
May
May
May
May 10
May
9
May
6
May
9
May
7
May 14

4
4% May
48
May
3
11
May
9
% May 10
9
3% May
% May
May
May
119
May
118
May
121% May
49% May
42
May
27% May
15
May
17% May
24
May
4% May
33
May
13% May
79% May
110% May 11
7% May 3
50
May 11

16*

21
21
21
22
20
23
21
29
22

38%
14%
46%
2%
31%
26

Jan.

3

9
Feb.
Apr. 18
Jan. 24
8
Apr.

Feb.
Feb.

26

29% Jan.
34% Apr.

3
9

4

16

4

Jan.

5

12

18% Jan.
16% Jan.
6% Apr.

11

May
8% May
May
3% May
16% May
15% May
104% May
1% May
Apr.

2*

&
23%

21%
161%
36%
2%

3

Jan.

Apr.
6
Apr. 27
Mar. 27

15

Apr.

Mar. 15

Apr.
Apr.

8
8

J an,

2

15

AprnO
18% Jan. 11
23 109% May
3
17
2
25% Apr.
31 162
May
3
21
4
21% Jan.
18

60

Jan.

22

35

Jan.

31 136% May
24
28* Jan.
21
Apr.
22
22

il*

25
3

10
3

15

Jan.

4

Mar.

8

21

4% Apr. 18

21

Mar. 11

21
22

21
21

23
31
22
21

21
21
21
21

4
32%
17%
17%
16%
1%
5%
8%
15%

21

21
15
15

28
21

31
28
6

May
May
May
May
May
May
May
May
May
May
May

24

5

22

7

Jan.

May

9
5

Jan.

Feb.

21

Apr.
Apr.
40% Jan.

16
15

118

8

32% Apr. 15
Mar.

2

4
53% Jan.
4% Feb. 23
3
30% Apr.
Mar. 29

8

16% Jan.
17% Apr.

21 111
21
29

23

28

29

11 105

22

Feb.

Apr. 16
May
9
May
9

Mar.

6 170

Feb.

3ie Jan.

11

25

Feb.

2% May
26
May
7% May
% May
1% May

19

Jan.

14%
18%
41%
37%
109%
39%
46%

53%
24%
2%
11%

33%
99%

4
4

llH

64

103

Jan.

Feb.

Jan.

6%
11%
23%

5

Jan.

3
53% Jan.
9% Apr. 20
45
Apr. 15
109
Apr. 15
109% Apr.
5
180% May
9
4
23% Apr.

98

24

3

29

20

12

8

Jan.

18

May 22
May 22
May 23

10% May
10
May
93
May
17
May
5
May
27
May
5% May
4
May
17% May
5
May
90
May
7% May

4
10

Jan.

24* Apr.

May 21
Jan.

Jan.

4

May

25% May
130
May
17
May
20% May
9% May
21% May
2
May
4
May
24
May
24
May
14% May
13% May
11% May
% May
3% May
2% May
8% May
29% May
6% May
22
May

Jan.

5

5

115

15%
9%
18%
32%

May
8
May
1
May
1
May
1
5
May
9
33
May
May
8
87
May
May
9
87
May
May
9 170
May
May
6
May
16
May
3
May
13% May
3
27
May
May
6
9
May
May
1
May
10% May
May 10
27% Mar.
7'
May
May
1
97
May
May
8
May
15% May
1
May
29% May
2
May—2
May*
15
May
May
May
105% May
May
18% May
May
138% May
May
15% May
38
May
May

3
30% May
169
May 13
6
52% May
3% May
27% May
102 % May
15% May
16% May
110% May
27% May
o§7/» May
38
May
9% May
7
May
28% May

8y»

24% May
10
May
27 % May
1% May
17% May
19% May
2
May
24
May
23% May

Feb.

8
24

Apr.
3
9% Apr. 25
3
47% Jan
8
12% Jan.
8% Apr.
1
32% Apr.
1
4
9% Jan.
107
Apr. 15
14% May
3
85
May
6
82
May
2
5
34% Mar.
5
6% Jan.

22

26

Feb.

21

28%
32%
12%
17%
40%

May 27
Apr.
8

22
21

21
21

24 122
21
54

21

Apr.
May"
Apr.
May
Apr.

10
9
8
9
8

24 110

Jan.

15

Apr. 24
Apr. 25
Apr.
8

A*

21

48

21

11

18

22

1% Jan.
4% Jan.

22

20

% Jan.

Sjg May 14
%
9% May 21
19%
89% May 28 119
110
May 23 118
113% May 27
31 % May 21
33 % May 21
45
22 % May 21
30%
16
8% May 22
12
May 21
18%
15
May 21
26%
2% May 14
5%
20
39
May 21
8% May 22
15%
56
83
May 28
97% May 22 111
4
May 21
42% May 21

Jan.
Jan.

May
Jan.
Jan.

30

Feb.

3
2

12dH Jan.

5f*

Feb.

1

Apr.
Apr.

18
4

Jan.

9

Feb.

16

Feb.

28

Mar. 20
Mar. 29
Feb.

14

Feb.

16

Apr.

8

N. Y. STOCK

194
\TE

S
Sinct

1940

May

Par

lhart

4,

202,
1,

234,
197,
2,
9,
2,
9,
84,
35,
315,
2,
3,
35,
19,
138,
4,

144,
2,

169,
3,
1,
42,
160,

89,
139,
13,
13,
1,

219,
25,
5,
1,
8,

—19,
127,
28,
,004,
33,
81,
23,

8,
9.

Bid
6 54
21

Corp—----5
Louis.100
J

Nash-Kelvinator

Nashville Chatt & St

National Acme
—
Nat Automotive Fibres

15

Ask
2234
1534

Sale

13 34

Sale

1434 Sale

-10
preferred
„____luO
Investment Co__*
5% pref series A.- -----100

2254

Sale

23

National Biscuit Co

15

113

634

*

1334

Sale

100

*
------1

4 54% conv serial pref—100
Newberry Co (J J) —
5% preferred series A
100
Newmont Mining Corp
10

25%

27

Sale

\V/s

39

4134
3 H

2434

Sale

Sale
47

40J4

934
25%

preferred series A
100
N Y City Omnibus Corp.....
New York Dock
100

57,
60,
5,
497,
13,
13,

22.

2,
431
16

22

860,
1

316,
4,

2
41

1

Ry

7

41

8,

7

44 34

Sale

34

Sale

3154,
7

5

7%

1054
110

86

178

10

1st

6

111
42

36

17 34
r147 34

Sale

1134

Sale

.004
5
45

8

40

Sale

43
Sale

27

5134

55

116 H

120

62 H

Sale

534

Sale

634
22 34
12

0%
23 3|
Sale

7

Corp..5

19

Panhandle Prod

&

Ref

Paraffine Cos Inc

Paramount Pictures

6% 1st preferred
6% 2d preferred
Tilford

&

Park

Utah

49

Parke Davis & Co

46

Parker Rust Proof Co

29

Parmelee

Cons

Mines

5
1
*

100
1

100
10

"7 34

734
334

Sale

l|

Sale

Sale

6%
a

734

Sale

42
4034
9834 100
7% Sale

85

8%

Sale
9 34

15

*
2.50

44

Sale

1934

Sale

234

18
Sale

Transportation Co.*
Corp
1

Sale

224

Pathe Film

Sale

163

Patino Mines & Ent Cons...10

Sale

59g
*

19

Penney (J C) Co
Penn Coal & Coke

41

Penn-Dixie Cement

11

523

$7 conv pref series A
*
Penn Glass Sand Corp vtc..*
$7 conv preferred
*
Pennsylvania RR Co
50

9

People's Drug Stores Inc new_5

28

People's Gas Light & Coke. 100

1

Peoria & Eastern

7

Pere Marquette

Ry
5% prior preferred
5% preferred.

10
19
44
44

21,
3,
45,

Ry

Pet Milk

Petroleum Corp
Pfeiffer Brewing Co

10
*

100
100
100
.100
*

5
*
25
50
*

Phelps Dodge.
Philadelphia Co pref 6%
$6 preferred
Philadelphia & Reading C & I_*

ties a




40.

May

95
2 34
3 34

61

Sale
Sale

Sale

23

25

13

1634

11834

2? 34

Sale

37

Sale

3 34

1134

6

1234
934
97

234
12

120

754
2434
2034

May 17
May 15
May 21

May 21

105

Sale
53

19A May 21
4734 May 22

Sale

4734 May

22

Sale

15

14

Sale

86

Sale
Sale
Sale

98
Sale
Sale

130
Sale

130
7

May
May
May
May
May
May
May
May
May
May
May

21

21

20
47

17
15
24

22
15

20

27

5234 May
6X« May
54 May
May
May
134»3j May
34
May
22634 May
11234 May
2234 May
57 54 May
5754 May
2434 May
90
May
834 May
11134 May
36
May
354 May
38
May
1634 May

21
21
21
23

22
21

21

21
21
23
24

11534 May 24
4334 May 28
5
May 28

Sale

2634

Sale

Sale

37

Sale

33

254

Sale

in

434 Sale

13 54

15

10

9

Sale
11

1034

8

May 22
May 21

8

434
1214

2

1034

234
1134

1

634

2
Sale

Said

23

Sale

27

Sale

2334

Sale
Sale

Sale

1534
1634
634

Sale

24

2234

43

44

734
834
35 34
4534

8134
54

83

80

8

634
6.
4034 Sale

34

Sale

Sale
Sale

8334

3i« Sale

7

site
Sale

2854 Sate
4234
3634
7634
6934
54. Sate

134
534
1734
1134
15

654
634
26

3734
71

34

May
May
May
May
May
May
May
May
May
May
May

18
21
22
21
22
28
18
21

25
28

14

13
7
9
3
2
10
4
29

634 May
173/4 May
934 May

1354
3354
4554
1434

May

May
May
May
May
May 10
May 10
May
May
May
May
May

May
May
May
May
May
May 21
May
May

May
May
May

May

_

13

May
May

May

May
May
May 14
May 18
May
9
May
9
May

2
May 17
11
May 10
3734 May
9

2554 May
May
934 May
934 May
3854 May 11
45 34 May
8334 May
7
34 May
2\
24

21
21
13
28
31

21
28
23

754 Feb. 15
3
2234 Jan.
2134 Apr. 30
7
May 31
834 May 28
1634 Apr. 15
2434 Jan. 24
17034 Mar. 6
19
Apr.
1
9934 Apr. 17
3
2034 Jan.

Jan.
4
May 18
1634 May 21
8
1634 Jan.
954 May 22
1354 Mar. 12
6
May 21
1854 Apr. 17
1234 May 21
3
10834 May 15 11634 Jan.
Jan.
3
107
May 23 114
8
634 Apr.
3
May 28
734 Mar, 14
554 May 23
4
1734 May 22 26 34 Apr.
6
8
May 29 1534 Jan.
3
1234 Jan.
534 May 21
Jan. 31
80
May 18 96
9
2234 Apr.
14 34 May 22
£160
May 29 17354 Jan. 31
14834 Jan. 29
13734 May 21
Jan.
4
27
1334 May 21
834 Jan.
554 May 22
48
May 21 7354 Jan.
954 Jan.
454 May 24
1454 May
8
May 23
2634 May 24 4354 Apr.
4034 Feb. 10 4334 Apr.
854 Apr.
334 Jan.
4
1054 Apr. 11
7 34 May 21
2554 Mar. 13
14
May 21
Apr. 29
75
May 22 91
6
5334 Apr.
36
May 22
Jan.
4
10034 May 24 110
7534-Mar. 9
-4434; May-3T
1434 Feb. 20
634 May 24
Jan.
3
50
3034 May 21
3
18 34 Jan.
9 34 May 21
4
834 May 21 2134 Jan.
39
Jan.\ 3
15
May 21
2034 May 21 3334 Mar. 9
834 Apr. 22
334 May 21
1234 Apr. 22
454 May 22
104
May 21 11534 Mar. 11
110
Apr. 27 11134 Apr. 30
Feb. 20
48
May 16 56
3
54 Jan.
34 Apr. 27
Jan.
4
2
54 Apr. 12
34 Jan. 11
34 Apr.
4
1334 Jan. 15 2634 Apr. 22
Apr. 13
92
Jan. 30 121
6
20
May 23 3534 Apr.
4
175
May 22 22634 May
105
May 25 11334 Mar. 27
3
1454 May 21 2354 Jan.
Jan.
8
4734 May 22 59
Jan. 10
4734 May 22 58
3
15
May 14 2654 Jan.
85
May 31 9034 Feb. 20
3
934 Jan.
434 May 15
Mar. 25
101
May 24 113
Apr. 29
27
May 22 36
3
5% Jan.
234 May 15
32
May 20 4234 Jan. 12
1634 May 29
1434 May 27

.

n'i

36

10
6
3
3
2
29

May
May
Jan.
May
8
May
954 May
1754 May
15534 May
354
1134
1334
654

8k May
7
2
2134 May
2
1334 May
110
May
1
454 May 10
1
1634 May
14234 May 13
1034 May 10
36
May
1
30
May
3
54
May
9
117
May
9
2
6234 May
3
934 May

115
Sale
115
May 25 132
Sale
15134 15234 13634 14734 14734 May 21 15034
554
334 May 18
334 Sale
534 Sale
6
834
534 May 29
534
734 Sale
334
234 Sale
234 May 15
334 Sale
2334
12
May 21
1354 Sale
2234 Sale
Sale
854
7
654 May 18
8
854
1
%
34 May 22
Sale
54
1
42
May 25
29
3034 29
42
4034
7 101
10134
9934 May
10034 Sale
734
434 May 21
"454 Sale
734 Sale
64
90
Sale
69
May 23
90
87 h
7
934
634 May 21
9
634
834
15
15
15
18
May 21
17
2034
154 May 21
234
13-4 Sale
234 Sale
3234 May 28 44
Sale
44
3334 Sale
May 22 22
1634 Sale
2034 Sale
1
May 28
154
154
154 Sale
11
Sale
7
554 May 21
1034 Sale
1054
5% May 23
634 Sale
734 Sale
45
Sale
May 23 5834
5834 Sale £46
73
9634
May 22
Sale
7434 Sale
95
334
154 May 22
Sale
134 Sale
334
Sale
2
334
May 22
334 Sale
Sale
2334
14
1154 May 21
23
21
12
11
1234
1054 May 15
1234 Sale
105
11834 May 21 121
121
Sale
15
17
May 22 2234
2134 Sale
15
16
May 18 2154
1534
2154 Sale
Sale
23
27
May 22 3654
Sale
3654

Sale

8

554
1034
754
95
234
1134

Sale

33

2034

16

May 25

132

132

150

.1
1

Penick & Ford

May 21
May 22
May 21

21

2
May 22
May 22
354 May 22
934 May 21
2534 May 22

634

128

Pan Amer Pet & Trans

Sale

May 21
May 21

6
May
1
1734 May
1
May
1
7
May 31
834 May 28
1554 May
9
23
May
1
170 ' May 10
1854 May
6
3
97
May
2034 May 11
2
1334 May
3
1134 May
6
18
May
2
111
May
3
11034 May
1
554 May
1
7
May
1
25
May
1134 May 14
2
10
May
6
88
May
1
2054 May
7
17134 May
2
14354 May
1
2454 May
1
834 May
4
6634 May
2
954 May
2
1454 May
3
43
May
6
4334 May
1
7
May
1
10
May
3
2234 May
88
May
46
May 13
109
May
2
-70—May—1
1234 May
2
4934 May 11
16
May
9
1834 May
3254 May
3234 May
634 May
1054 May
110
May

May 23
May 22
May 25

175

Sale

9

1
10

Park

216,

6

1634

100
-.100

Packard Motor Car

2434

20

Sale

42
48
54 54
11534 118
11534 120
46
45
6234 Sale
534 Sale
834 Sale

Teleg

2

5

31

14

89

3

Sate

Sale

Pan American Airways

534
Sate

1034 Sale
36
30
52

14k

1234

1334

143

141

*

51

18

454
1634

1234
3234
4434

1134

Sale

Sale

110

Sale

6

124

1334

Sale

4% conv preferred
471

6 34

85

Sale

33 34
48 <34

6% preferred
Pacific Tin Consol Corp
Pacific Western Oil

19

Sale

534

734
21

*

Pacific Telep &

704

Sale

Pacific Lighting Corp
Pacific Mills

1

2134
183

28
23
10

May
May
90
5
Sale
434 May
Sale
May
10234 10734 101
111
27
May
30
36
3634 2834
234 May
234 Sale
334 Sale
32
May
25
32
38
41
1434 May
16
Sale

*

2

52

11334 105
Sale
1634
5734 4934
48
Sale
1754
Sale

2234
5734.
5734
2254
8934
854
10934

Sale

Pacific Finance Corp (CaUf)_l0
Pacific Gas & Electric
25

Sale

112

13 34
103 34

^

Sale

220

10

preferred
nrpffirrftH

1034
1034
1834

34

*

Pacific Coast
OH

117

6
100
*

100
Owens-Illinois Glass Co.. 12.50
Pacific Amer Fisheries Inc
5

6

13

Sale

Sale

31
21

10034 May 24
4534 May 28
634 May 24
3034 May 21
934 May 21
834 May 21

Sale
Sale
15
Sale
2034
2434
3234 23
334
434
334
754
6
334
554
Sale
112
10334 10834 104
11734
11734 100
48
46
50
5534
34
Sale
% Sale
% Sale
54e
54
34
34
34
34
15
1934 Sale
Sale
134»32 Sale
10354
119

3234

3254

_

Sale

Sale

Sale

Preferred

80

Sale

Sale

21
21
21
28

May 18
1634 May 21
934 May 22
6
May 21
1234 May 21
10834 May 15
107
May 23
3
May 28
554 May 23
1734 May 22
8
May 29
534 May 21
80
May 18
1434 May 22
£160
May 29
13734 May 21
1334 May 21
554 May 22
48
May 21
4 54 May 24
8
May 23
2634 May 24
4234 May
3
434 May 21
734 May 21
14
May 21
75
May 22
36
May 22

105

1554 Sale

20%

*

434
734

90

18

*

100

17

12

5034

*

$5.50 conv 1st preferred—*
Outboard Marine & Mfg
5
Outlet Co
*

434
734
1554
38

34
54
34
2534

Otis Steel Co

934

70

5234

6% preferred

1

149

Sale

9034

Sale

Otis Elevator

2

Sale

8

50

"52 %

10

54

Sale

5

112

11034

Farm

6

52

23

Sale

JN Y N fl & Hartford
100
Convertible preferred
100
IN Y Ontario & Western. .100
NY Shipbuilding pt stock—-1
7% preferred
100
Noblitt-Sparks Indus Inc
5
Norfolk <x Western Ry
100
Adj 4% preferred
100
North American Co
10
Preferred 6% series
50
Preferred 5 54 % series
50
North American Aviation
1
Northern Central
50
Northern Pacific
100
North States Pow Co $5 pref.*
Northwestern Telegraph
50
Norwalk Tire & Rubber
*
Preferred
-50
Norwich PharmacalCo
2.50

Oliver

78

109

50

Ohio Oil Co

Sale

43

Sale

Col 1100

82,

49

71

8

30

Sale

100

(The)
Equipment
Omnibus CorpAThe)
8% pref series A
Oppenheim Collins & Co

320

6

Sale

734
534

27

Sale

110

^acke&rwit

10934
109
Sale

19

May
May
May
May
May
May
May
May
May

91

18
Sale
Sale
Sale

_7Q_^JSale_ _44-34~Sale-

6%

N Y

14

46

Sale

Highest
Sale Prices

8

89

2834

10

2234
88

41

11134

Newport Industries Inc
New York Air Brake
*
New York Central
— --*
N Y Chicago & St Louis...100

5% preferred—
New York & Harlem

Sale

7

Sale

83

78

110

89

6434 Sale
834 Sale
1254
1354
4034 Sale
4334
4054

Sale

9

13
1134
934 Sale

8

Sale

72

Lowest
Sale Prices

934
1734
15534
1734

Sale
16
2034 Sale
150
169
17134 173
142
14334
13734
2434 Sale
1634 Sale

16634 172
Sale
144

—100

16634 168
10
1834
1834
97
80
9834
1934
20
1634
1334 Sale
1034
1134
1134
834
2:13 34
1734 Sale
11034 111
10834
109 3l 11034 10634
534 Sale
354
Sale
5k

85

96

Sale

834 Sale
1054 Sale
1734 Sale
15534 166

Sale

Sale

20

-10

Sale

Sale

91

Cast Co—
National Power & Light
National Steel
25
National Supply Co of Pa—10
$2 conv. preferred
-40
534% prior preferred
100
6% prior preferred
100
National Tea Co
*
—

Sale

6

2434
1234
1154

1

7% preferred A
6% preferred B

Inc...

Sale

12% Sale
16 54 Sale
115 h 11634

Nat Mall & Steel

Neisner Bros

94 %
19 34

19 54
15 54

Corp.*
National Cash Register.
*
National Cylinder Gas Co. . .1
National Dairy Prod Corp---*
7% preferred class A
100
7% preferred class B
100
National Dept Stores
-*
6% preferred—_- - - - ----10
National Distillers Products. _*

Natomas Co

16

91

National Bond & Share

Enamel & Stamping

172

165

7%

Nat Bond &

Highest
Sale Prices

334
1134
1434
634

454 Sale
1154
1234
1734 Sale

1734 Sale
2034 Sale

-5

National Gypsum Co..
$4.50 conv preferred
National Lead Co

Ask

7

-10

Lowest
Sale Prices

May 31

Ask Bid

6

Sale

1

Bid

Inc--1

6% conv pref.
National Aviation Corp

Nat

1

Jan. 2

Tan.

390.

RANCE SINCE JAN.

PRICES IN MAY

Price

STOCKS
V. STOCK EXCHANGE

N.

37

EXCHANGE—STOCKS

16

91

May
554 May 21
1034 May 21 23 34 Apr.
1454 Mar.
754 May 21
Mar.
95
May 23 112
534 Apr.
234 May 22
Jan.
1134 May 21
Feb.
130
May 21 144
7
1254 Jan,
May 21
Jan.
21
May 21 41
20
May 23 3254 Apr.
Jan.
47
May 24 55
Jan.
11534 May 24 120
64 ^ Jan.
43 34 May 28
1034 Apr.
5
May 28

7
4
4

28

4
4
19

3
11

4
22
17
6

26

6
2
654 Jan.
May 22
8
May 22 23 54 Feb. 13
4
1234 Jan.
354 May 22
14
9 34 May 21
Apr. 15
2534 May 22 34 54 Apr. 15
Jan.
3
33
May 22 50
4
8
1634 Jan.
May 21
Mar. 12
115
May 25 139
Jan. 24
21 154
14734 May
4
734 Jan.
3 34 May 18
4
834 Jan.
534 May 29
2 34 May 15
434 Mar. 11
12
2534 Apr.
4
May 21
8
834 Apr.
654 Jan. 16
Jan.
2
34 May 22
29
5
May 25 4534 Apr.
7 10134 Jan. 25
9934 May
4 34 May 21
4
854 Apr.
64
Apr. 15
May 23 94
6 34 May 21
1034 Apr.
6
Feb.
6
18
15
May 21
254 Apr. 12
154 May 21
9
3234 May 28 44 34 Apr.
1334 May 22 22 34 Apr. 16
2 54 Mar. 12
54 May 28
4
12 34 Mar.
554 May 21
1054 May 13
554 Jan. 13
Jan.
5
45
23
6234
May
73
9634 May
8
May 22
8
434 Jan.
134 May 22
Feb. 17
4
134 May 22
Jan.
3
25
1154 May 21
5
1654 Jan.
1054 May 15
5 121
May 18
11834 Jan.
4
22
15
2454 Jan,
May
15
9
May 18 2154 May
3
23
May 22 3854 Feb.

134
534
1734
1134
15

654
634
26

3734
71

34

May
May
May
May
May
May
May
May
May
May
Mar.

18
21
22
21
22
28
18
21
25
28
20

9

434
1334
3954
2934

Jan.
Apr.
Apr.
Apr.

24

Apr. 25

934 May
1034 Feb.
4034 Jan.
47

85

8

9
9
8
2
2

Jan.

11

Jan.

4

54 Mar.

1

38

N. T. STOCK

EXCHANGE—STOCKS

AOOREGATE
SALES

May

1940

Jan. 1

Shares

Shares

17,300

*¥,800

800

330

19,900
4,100

150

"6",300
2,200
8,400
610
20

280

42,700
7,700
1,230
1,240
770

6,420

*2*566
14,700
500

19,000
9,400
1,700

174,100
10,000
2,300

38,300
740

32,000
2,800
2,100
1,400
940

Preferred

10
100

*
100

154,700 Phillips Petroleum
12,200 Phoenix Hosiery
Preferred
2,370
33.700 Pierce Oil 8% conv pref

*
5
100

100

11,600 Pillsbury Flour Mills

25

900 Pirelli Co of italv Am shares..

100
"

May
Par Bid

54,500 Philip Morris & Co
100
5% conv pref series A
23,400 Phillips Jones Corp

20

63.700

70 Pitts CO&StLRR Co
100
26,000 Pittsburgh Coal (of Pa)
100
8,100
6% preferred
100
21,200 Pitts Coke & Iron Corp
*
$5 conv preferred
1,630
*
20 Pitts Ft Wayne & Chi Ry__100
700
7% guaranteed pref
100
104,100 Pittsburgh Screw & Bolt
*
16,700 Pittsburgh Steel Co
*
3,280
7% preferred class B.
100
3,920
5% preferred class A
100
3,030
5 % % 1st ser conv pr pf.- 100
13,660 Pittsb & West Virginia.. .100

Pitts Y & Ash Ry Co 7% pf-100
11,100 Pittston Co (The).
*
33,300 Plymouth Oil
5
4,300 Pond Creek Pocahontas Co._*
41,400 Poor & Co class B

*

85,800 J Porto Rican Amer Tob cl A_*
Class B

31,200

1

Jan. 2

N. Y. STOCK EXCHANGE

Since

RANGE SINCE JAN.

PRICES IN MA Y

Price

STOCKS

In

*

1
328,500 Pressed Steel Car common
14,500
5% conv 1st preferred.-.--5
6,500
5% conv 2d preferred
50
*
113,700 Procter & Gamble
Preferred 5%
6,080
100
113,500 Pub Serv Corp of N J com...*
$5 preferred
12.500
*
u
.5,900
6% preferred
100
0
—2t80ij
preferred:. 100
8% preferred
3,830
100
-

„

~

90%
135

Ask

Sale

140

3 %

4%

30
25%
41% Sale

2%
43%
8

4

2H

Sale

26 %
46

Sale

5%
24%
8%
70%

Sale
Sale
Sale
Sale

49%

Bid

96%
138

1
*

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

May 31

Ask Bid

Sale
148

Ask

73% Sale
109% 120
3%

5%
37%

Sale

39

Sale

4

Sale

30%
2%

53

Sale

36

9%
28%
37%

Sale

8%
22%

41

30

Sale

44%

Sale

3
Sale

Sale

41%

97% May

9

May

7% May
May
35
May
22

18
15
22
24
28
22
29
21

5% May
37% May
40% May
4
May
55% May
10% May
28% May
43
May

167

8%
'10 J*
31
18
29

15 %

171

Sale
11%
40
19

32%
Sale

22
8

72
175

6%
9%

79%

17
35

Sale

30

13%

4%

18

Sale

6

Sale
65

58

Sale

Sale
10
32%
18%

150

146%

2b5*
Sale

3%

13%

5%
7%

Sale
Sale

Sale

19

12%

15

26

33

8%

9%

3% May
16
May
5% May
64% May
154
May
168
May
4% May
-

May
16% May
10
May
19
May
7
May
5

43%
65%
118%
40 %
112
125

141
161

Sale
13%
Sale
Sale
%
Sale
14%
44%
Sale
Sale
Sale
112%
125%
143
Sale

20%
21%
14%
16
10% Sale
1% Sale
%
%
13% Sale

Sale

16
10

17%
Sale

7

%

8%
8%
24%
55%
114
Sale
113%
41% Sale
33%
114
115
101%
126% 126% 114%
T43%"Sale" 127%
162
Sale
147%
12%

37%
69 %

6
22
23%
24
24
22
6 154
22 176
7%
15
10
15
22 32
21
18%
37
21
14%
21

tI*

May
May
May
May
May
May
May
May
May
May
May
May

Jan.

30

10
3
13
10
10
3
2
10
8
10
9

Jan.

97% May

23 136
10

Jan.

9
23

Apr.

4
aIH Mar. 25
40
5
41% Jan.
J" Feb. 9
66
Feb.
8

27% May 22
2% May 24
36
May 28
7% May 22 10%
22
May 29 28%
35
May 21
49%
107% Feb. 10 110
7
3% May 22
16
May 24 27%
5% May 24
9%
64% May 22 80
154
May
6 154
168
May 22 176
8%
4% May 15
11
5
May 1,5
16% May 22 34%
10
19%
May 21
19
May 21 37
7
16%
May 21

May
9
Apr. 26
Jan.

5

Jan.

17

Mar. 12

Jan.

4

Apr.

4

ivfty £
May

10

Jan.

2

Jan.

4

Apr. 25
Apr.
8
May 10
Apr.
8

.....

1

20%
12%
12%
1%
%
14%
14%

May 21

3% May 18

109

5%

68

136

3% May
32
May
27 % May
2 % May
36

39

37

May 21

68

13%

40
Sale

Sale
9

15

14%
5%
%
%
6%
6%
21

30

Sale
Sale

53%
112%
32%

Sale

100

Sale

117% HO %
Sale

149%

143

%
May 15
21
May 28
15
May 10
11
May 21
1%
May 29
May 15
%s
May 21
14%
May 21
13%
42%
May 21
May 22 69%
May 22 115 %
May 21 41 %
May 21 115%
May 22 127fay-29i144
May 22 162%

May 13
May
3
May 13
May
8
May
1

May
2
May 10
May
9

Feb.

15

May
12% Jan.
5% May
May

8

1

22

yt

Jan.
12% Jan.
2% Feb.
Feb.

ADr.

6% May
6% May
May
May
May
May
May
May
"May
May 22

9
21
May
1
May
53%
9 112%
May
1
May
32%
9 100
May
8 1'10%
May
May—Tjfl 27
May
7 143

Mar; 12
Feb.
9

15

14%
14%
42%
71%
118%
43%
115%

Jan.
Jan.

6
4

27
27
3
3

May.
9
Apr. 16
Jan.

2

Apr.

8

Jan.

11

128

Apr. 20

1"47>

Mar." 29

165

Apr.

2

118

Jan.

4

Public Service Elec & Gas—

600

1,100
290,000
577,900
3,900
48,000
76,400
4,700

432,900

1,271,300

"14,706

2,600
3,000

46,800
136,500
20,100
227,000
39,600
39,200
3,900
7,200
8,000

70

360

700

93,000
I1

245,000
1,000
10,900
22,200

$5 preferred
Pullman Co.

i

500

230

3,700
1,800
43,700
1,600

*

Pure Oil

*

6% preferred
100
5% conv preferred
100
Purity Bakeries
*
Quaker State Oil Rfg Corp.-10
Radio Corp of America
*
$5 preferred B
*
$3.50 conv 1st pref.
jRadio-Keith-Orpheum Corp.*
Ray bestos- Manhattan
*
Rayonier Inc
1
$2 preferred
25
Reading Co
50
4% 1st preferred
50
4% 2d preferred
50
Real Silk Hosiery
5

400

27,400
6,600
90,600
19,200
16,700

*

Preferred

100

980 Reis (Robt) & Co 1st pref. ,100

8,200 Reliable Stores Corp
3,300 Reliance Mfg Co
99,800 Remington-Rand
Preferred w w
10,000

*
10
1
25

130

310 Rensselaer & Sara RR Co..100

60,200
549,900
3,400
4,300
25,000
1,200

179,800 JReo Motors Inc vtc._
1
1,174,800 Republic Steel Corp.
*
14,800
6% conv preferred
100
13,450
6% conv prior pf ser A-.100
65,700 Revere Copper & Brass
.5
Class A
10
8,800
630
100
7% preferred
1,990
5%% preferred
100
165,700 Reynolds Metals Co
*
2,600
5%% conv preferred
100
109,600 Reynolds Spring Co
1
266,200 Reynolds (R J) Tob cl B
10

140
480

38,700
300

42,000
65,300
420

101,400
1,200
1,900
9,300

2,500
21,900
1,400
3,400
290
160

3,600
18,380
30,900
50,500
3,700
15,800
9,000
4,100
150

400

26,300
4,400
15,400
1,400
107,500
47,900
12,400
400

25,800
1,400
16,200
720

25,200
2,100

17,300
43,900

10,300
2,100
17,400

Common

520

87

88

77%
14*

78%

88

Sale

15
Sale

100%
60% Sale
1% Sale
19%
20%
Sale

*

Seagrave Corp (The)..
Sears, Roebuck & Co

*
*

Servel Inc

1

Sharon

*
*
*

Steel

Corp
$5 conv preferred
Sharp & Dohme
Conv preferred seribs A
Shattuck (Frank G)
Sheaffer (W A) Pen Co
Shell Union Oil..
5%% conv preferred
Silver King Coalition

83,000 Simmons Co
14,400 Simms Petroleum
7,800 Simonds Saw & Steel Co

34,200
9,530
3,690
5,880
13,600
6,800
44,100
762,500
87,400
16,000
77,300

40

Skelly Oil Co

870

For Footnotes

*
100

*
*
*
*

100
5
*

10
*

15

Sloss-Sheffield Steel & Iron. 100

$6 preferred

*

10

*
*
Socony Vacuum Oil Co Inc.-15
South Amer Gold & Plat
1
Snider Packing

Southeastern Greyhound L
South Porto Rico Sugar

see




8% preferred

page

40.

5
*

100

80

100

66

67%

Sale

51%

1

Sale

21%
26%
34%

Sale

**

Sale
Sale

16%
SaleSale

15

Sale
Sale

20

22

20%

Sale

18

Sale

40

16%

10

9

12
12%
10% Sale
54
51%

64

1%

Sale

Sale

9Va

Sale
Sale

%
2%
5%

Sale

Sale
60

24
Sale
Sale

25
144

Sale
Sale

97%
Sale

43 74

Sale

53%
7%

Sale
Sale

6%
10%
Sale

Sale
Sale
20%
Sale
Sale
Sale
25%

34%

Sale

34%

52

Sale

52

6%

Sale
6

5

5%
13%

3

13

%
30

%

,7*
4

5%

65

Sale

17

Sale

7%
65

102

%

2%

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

108

Sale

66

%

102

Sale

% May 16
% May 18
May 21
1% May 15
61% May 21
8% May 22
8% May 21
52% May 20
3
May 21
45
May 27
4% May 21
34
Maf 29
8
May 15
96 % May 23
3% May 22
12% May 23
1% May 15
17% May 24
13
May 22
67
May 24
105
May 22
1
ll22732May
10% May 22
5
May 21
15% May 18
7% May 21
1 % May 22
10
May 22
16% May 21
128
May 28
11

2

Sale

12%

9

Sale

10

Sale

36

3%
43
5

34%

60%
Sale
45

5%
35%
Sale

96

4%
13%

3
Sale

Sale

4%
Sale
Sale
21

nh
107

1122732Sale
17
17%

4

Sale

14
58%
4%
53%
6%

21

4

34
35% Sale
102% 107% 110

86

Sale

%
%

34
96

% Sale
3
2%

12%
1%

Sale

29

Sale

70

Sale
%
Sale
Sale

21

5

11 %

%

%

38%
97%
21%
8%

5%
4%

1
Sale

%

2%
23%
20%

14

6 %

%6

Sale
Sale
63
Sale
56
Sale
38%
39
12% Sale
106
106%
5% Sale

May
May

1

Sale

%
%
17%
2%

Sale

80

Sale

.....

Sale
6

22%

9%
Sale

11

Sale

2%
14%
29%

Sale
1%
15%
10% Sale
Sale
20%
20%
145
147% 120

145

6

75% May

55

7

Sale

4%

9

6%
8%

84

Sale

74

65

1%
Sale

4

112

6 %

21
15
22
21
28
28
25
22
21
23
23
21
21
22
May 28
May 28

70% May
60
May
7 % May
18
May
73
May
39
May
8% May

22

9

10%

21 118
24%
21
21
11%
21
97%
89
28
14%
21
23
14%
6%
23

May
May
May
May
May
May
May
May
May
May
May
May
May
May

Sale

9%
17
65

113%

111

15%

67%

28% Sale
13% Sale
84
82%
% Sale
4% Sale
43%
42%
112
112%
107% 107%

5% Sale
50
52%
6% Sale
37% Sale
12% Sale
105% 107%
7
6%
22% Sale
2%
2%

16%
10%
20%
12%
2%

78

65

Sale

Sale

20%

74

Sale

1% Sale
19%
18%
2%
2%
85% Sale
15% Sale

112

Sale

Sale

Sale

Sale

Sale

Sale

50

634

7

1% Sale
15% Sale

108

Sale

Sale

1%
25 %

50

42

1

2%
40%

17

52

91

39%
%
%

9%

45

Sale

6

24

20%

10%

8

6%

Sale

9%
19%

Sale

48%
%
15%
13%

40

Sale

72

6%
6%

14

88

4%

43

Sale

Sale

2%
32

57%

83

11

40

Sale

Sale

7

Sale

1%
21%
85%
76%
13%
28%

81
84%
53%
51%
9%
87%
7%
39%
55
52%
7% Sale
7%
12%
19
19%
1
1%

22

Sale

Sale
Sale

53%

8%

7%
12%

67

Sale

14

12
52

Sale

65%

90

29

7%

3%

45%

69

23

II*

3%

16%
86%
73 %
9%

May
May
May
May
May
May
May
May

May

115

May
May
May

85

May
16% May
7
May

May

16%
7%

Feb.

73% May
9% May
11
May
4% May

May
May
May

90

Sale

26

¥ 4§*

38
13
8

115

95
Sale

27%
10%

28%

Preferred called
Smith (A O) Corp
,
Smith & Corona Typewr

6%

23

2*

Seaboard Oil Co of Del

14

110% 114
Sale
18% Sale
Sale
7% Sale
80
97%
76%
Sale
76% Sale
Sale
10% Sale
12
14%
10%
Sale
4% Sale

27

41B

24,400
11,200
246,300
144,400
26,100
1,100
93,500
6,400
58,600
3,190
96,700
7,600
46,300

14%

118

Sale

28

i¥>

567,200 t Sea board Air Line
31,700
4-2% preferred

115

24%
10%
96%

171,100 Richfield Oil Corp
_.*|
4,900 Ritter Dental Mfg
*
12,500 Roan Antelope Cop Mines
I
27,200 Ruberoid Co capital stock
*
Rutland RR preferred
7,900
100
61,000 St Joseph Lead
10
12,100 jSt Louis-San Francisco—100
6% preferred
19,700
100
1,500 jSt Louis Southwestern
100
240
4
5% preferred
100
135,900 Safeway Stores
*
47
27,250
5% preferred
100 104
*
106,100 Savage Arms Corp
20%
5
138,000 Schenley Distillers Corp
12%
14,600
5%% preferred
100
70
1
148,500 jSchulte Retail Stores
%
33,500
8% preferred
-.100
4%
22,000 Scott Paper
*
48%
$4.50 conv preferred
* 114
1,310
$4 preferred
1,280
*

1,780
2,480
7,200
2,200
10,000
269,300
40,200
4,700
28,500

760

10

115% 118
31 % Sale
8% Sale

6%
Sale
Sale
Sale

68% May
1
May
21% May
29% May
37 % May
15% May
26% May
20% May
3% May
40
May 10
10
May
1
7% May
3
12
May
3
9% May
3
52% May
7
66
May
2
_

1% May
22% May
89
May
80
May
13% May
29% May
83
May
57% May
15% May
95% May
11% May
44
May
53% May
7% May
6
May
10
May
19% May
1
May
41
May
May
May
5
May
4% May
50% May
108% May
30% May
14
May
85% May
> May
4% May
42% May
112% May
107% May

Apr.

48%
%
15%
13%

May
May
May
May
MayMay
May
MayMay
May
May
May
May
May
May
May

24

9%
20%
17

1%
24%
6%

6%
8%
6
40

50
1
14

70%
60

7%
10
14
9
9
6
2
8
14
3

18
73

39

8%
75%
6 %
34%
52

5%
4%
5

11%
%
29

% Anr.
% May

£

%6
%
18%
2%
86%
12%
14%
59

2

.Tan.

4

Jan.

34

May
May
May
7% May
65
May
% Apr.
96

11
2

May
7
May 16
May
9
May
May
May
May
May

5

May
55
May 11
6% May

39% May
12% May
106

May
May
May
May
Mayr
May
May
May
May
May
MayMay
May
May
May
MayMay 28
May 15
May

May

5% May
21
May
2
May 13
24
May
1
23 % May 10
112
May
114% May
112273jMay
17
May
9% May
22% May
11% May
2 % May
15
May
30% May
152% May

17

2% May
34
110

102

May
May
May

% May
% May
11

May

1 % May

32% Jan.
11% May
97% May
89

May

3

9
3
3

9
15% Feb.
3
15% Feb.
3
7% Apr.
90
Apr. 15
69
Apr.
8
1% Jan. 29
23
Apr.
4
29% May
3
4
37% May
8
17% Apr.
26% Apr. 10
23

Jan.

4% Feb.

3
8

4

55

Mar.

13

Jan.

12

8

Jan.

13% Feb.

9
9

10% Jan.

3

57% Apr.

8

69

Jan.

5

2

Apr.

4

23% Jan.
95
Apr.

3

9
3
14% Jan.
9
30% Apr.
92
Apr. 17
8
61% Apr.
15% Feb. 20
96% Apr.v 8
11% May
2
80

May

44

May

8

53% May 14
3
8% Jan.

t¥

Jan.
Feb.

3
27

22% Apr.
1% Feb.

4

Jan.

3

Jan.

2

42

9

3
% Jan.
5
May 10
4% May 18
53

111%
31%
14%
85%
%
7%

Mar. 14
Mar. 28

Apr.

26

Mar. 27

May

9

Jan.

2

Feb.

21

Jan.

4

115% Jan.

11
27

49

109

Feb.

% Jan.
1% Jan.

2

Jan.

3

20

2

2% Mar. 25

61% May

88

Apr.

6

8% May
8% May
52% May

Jan.

11

Apr.
Apr.

9
12

Jan.

U

3

May

16%
15%
59%
5%

45

May

56

4% May
34

M ay

8

May
May

96

3% May
12% May
1% May

17% May
13

May

67

May

105

May

1122532Apr.
10% May
5

May

15% May
7% May
1% May
10

May

16% May
128
May

Apr.
5
7% Mar. 13

40% Feb.
13% Jan.

13

108% Feb.
6% Jan.

7
10

24

Jan.

4

3

2% Apr. 29
25

Feb.

23% May
120
Apr.
114% May
112% Apr.
18% Apr.
11% Jan.
24% Feb.
12% Jan.
2% Mar.
16% Jan.
30% May
152% Apr.

19

10

8
6
24

5
4

9
2
11
3

10

23

AGGREGATE
SALES

May

Shares

31,900
223,400
118,900
71,500

704,100
511,300
242,700
172,600
1,000
83,500

1940

300

37,600
1,600

3,000

120

170

2,200

8,800
284,700
52,200
6,370
198,200
7,270
64,000
933,300
11,600
66,800
144,400
27,600

120,300
13,300
2,020
84,900
1,740
16,400
184,300
2,700
19,800
41,900
4,700
35,800
82,500
129,500
195,900
4,400
15,400
43.100
20,900
98,000
246,400
7,500

May
Par

Ask 'Bid

Bid

29 X

Sale

30%

Sale

12

Sale

Southern

--*
....100

Sale

Sale

34%

Sale

15%
26%

certifs_--100

37

Edison.-25

Railway
5% preferred
Mobile &

Ohio

Sparks Withington
*
Spear & Co
1
$5.50 pref
*
Spencer Kellogg & Sons
*
Sperry Corp (The) v t c
1
Spicer Mfg Co..
*
$3 conv preferred A
*
Spiegel Co Inc
--2
Convertible $4.50 preferred *
Square D Co class B
1
Standard Brands
*
$4.50 preferred
*
Standard Gas & Electric
*
-

$4 preferred
$6 prior preferred

*

7 prior preferred

*

340 ,000 Standard Oil of California—_*
25
335 ,900 Standard Oil Co. of Ind
538 ,000 Standard Oil of New Jersey.25

2%

38% Sale

60

Sale

33 X
6

Sale
Sale

101X 103%
2%
2%
6% Sale
16% Sale
Sale

25 X
26 X

Sale

Sale

16,100
39,500

40 ,200 Superheater Co (The)
79 ,800 Superior Oil Corp

*
--1

26 ,000 Superior Steel Corp^.^
.100
33 ,100 Sutherland Paper Co_... — 10
3 ,300 Sweets Co of Amer (The).-.50
----25
178 ,000 Swift & Co

65 ,500 Swift International Ltd

---

122

9X
27 X
2X
16%
29%

Sale

18,300
290

3,900

22,100
62,700
406,600
77,800
100,900
57,600
71,600
10,000
11,700
1,600
4,700

27,800
148,400
34,100

36,600
24,700
29,300
3,000

4,700
100

1.100

710

33,600
7,800
41,100
14,000
1,800
109,100
2,500
67,300

Sale

17

300

1,400
55,600
5,400
5,500
33,500
18,600
10,800
148,400

101,700
380

3,900
1,900
232,500
20,000

45,300
7,000
380

20,200

5,400
28,300
113,200
1,500

23,200
17,100
7,000
1,700
960

8,600
26,400
910

7,800
500

26,800
12,500

25,100
800

17,100
2,700
20,400
240,000
28,800
7,800
1,700

'

654

4X
6X

Co

*

Texas Gulf Sulphur
Texas Pacific Coal & Oil

-*

3%
32%
8X
6X
12%
16 X
50 X
3X

Texas Gulf Producing

10
rexas Pacific Land Trust—-1
Texas & Pacific
.100
Thatcher Manufacturing
*
$3.60 conv preferred
*
The Fair Co
*
-

32 X

4X
28
3X

United-Carr Fastener Corp

*3 preferred
United Drug Inc
United Dyewood

Preferred
50 800 United Electric Coal Cos
13*100 United Eng & Foundry
86 300 United Fruit

*

*
*
5
.10

613,100j

7% preferred
U S Hoffman Mach

5%% conv preferred
U S Industrial Alchol

6

12%
7X
2X
75

4X
9
12

24%
2X
24 X
10%

For footnotes

see

36

Class A.

—

.-

Prior

preferred
U S Pipe & Foundry
U S Playing Card
tU S Realty & Impt
U

S Rubber Co

Preferred..

page




40.

5

4%

34

100
5

50

36%
Sale
29

Sale

Sale

Sale
8

Sale

78
Sale

11%
Sale
Sale

2%
28
Sale

4%

Sale
Sale

Sale
Sale
Sale

87%
Sale
Sale
Sale
Sale
116
Sale

5
85 %

Sale
5

79

7X
9%
84 X

175

Sale

81%
8%
10%
85%
181

Sale
Sale

31

c,V/s

36

3W
Sale

34

Sale

40
112

Sale

50

62

Sale

68 X

3%
34%
8

3%
39%
5

31

6%
5%
37

1%
15

11%
95%
26%
47%
5%
19%
7%
2%
78

Sale

63%
Sale

Sale

70

6%
48%
120

Sale

7%
14

22

16
-

7%
Sale
Sale
Sale

Sale

5%
37%
5
Sale

Sale

65%
Sale

4%
Sale
Sale

50
Sale
8

14%

1% Sale
10% Sale
21
23%
5
3%
18% Sale
17% Sale
5%
4%
4%
28%

Sale

4%
Sale

32

4

Sale

4

Sale

6%

Sale

12

9

48

36

4%
40

Sale

34
Sale
Sale

Sale
Sale

2%
30%
3%
x26%
3%
4%
29%
1%

96
Sale
Sale
Sale
Sale

8
Sale

83

10%
Sale
Sale
Sale

Sale

8%
79

1%
50

3%

25*'

Sale

10H

Sale

64

116% 107
Sale
12%
x77

86

Sale

5%
94

8%
8%

81%
178

5%
31%
26%
6%
11%
72

33%
36%
31%
101%
59

70%

43

3%

Sale

27

Sale

66

10%
114% 107%
Sale

Sale
6

3

32
Sale
Sale

Sale

4%
Sale

Sale

Sale

83

Sale

83
Sale

8
6%
5% Sale
14% Sale
1%
1%
19%
14%
7% Sale

75%
24%
43%
48% Sale
Sale
21
14%
13%
17% Sale
111% 112% 111%
43
65% Sale
12%
17%
17%
Sale
1%
JX
30
37
37%
4
6% Sale
2%
4%
4%

10%
5%

41%

20% Sale
36% Sale
4% Sale
14% Sale
5
5%

Sale

Sale

10

11

17%
Sale

Sale

113

Sale

12

Sale

27

Sale

Sale

10%

ip

Sale

Sale

25

115%
15%

3%
Sale

6

Sale

38%
17%
82%

3%
4%
35%
2%
29%

Sale

4%
8%
8%
20%
2%

Sale

100

6

Sale

Sale

it%

..50

Sale

4%
33%
81%
12%

35%

*

IX

Sale

Sale

Sale

*

*
10

Sale

Sale

4% Sale

65

31%
61%
5%
4%

60

30
24

100
20
10

Sale
Sale

Sale

14% Sale
115
116%
11% Sale
5% Sale
6%

Sale

Sale

46%

Sale
Sale

30

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

21

30%
12%
16%
27%
35%

21
13
3
21
21
5%
72
1
29 23%
21 44%
21 35
28 56%
22
9%
22 65
23 39
7%
21
29 108%
1%
18
5%
22
18%
25
21

22

30% May
6
23 % May 22
May
15% Jan.
6% May 21
May
20% Jan.
8
May 21
May
34% Jan.
May
13% May 21
39
Jan.
33% May 13
May
3
May
1% May 21
May
7
Jan.
4
May 10
May 21
72
May 14
65
Jan. 29
May 14
23% Apr
11
May
8
14% May 29
9
47
Feb.
33
May 21
May 10
3
38% Apr.
19
May 21
May
1
2
57% Apr.
May
3
45% May 28
3
11% Jan.
4 % May 22
May
9
66% Apr.
46
May 22
May
40% Apr. 10
26 % May 23
May 10
6
1
7% Apr.
5 '
May
May 21
9
May 10 2:98% May 29 108% Apr.
4
3
2% Jan.
1
May
May 18
8
3
7% Jan.
May
2% May 22
9
3
18% Jan.
May
9% May 25
8
3
22% Jan.
May
12% May 21

1
17% May 22 22% May
17%
6
20%
20% May 28 28% May
9
30
30
May 21
43% May
1
23
23
33% May
May 21
56
56
78% May 10
May 21
1
4% May 15
7% May
4%
1
7% May
4% May 20
4%
1
5
5
May 21
9% May
2
10% May
5%
5% May 21
4
47
47
May 24 65% May
1 118%
118% May 29 123% May
1
7% May 15
9% May
7%
3
12% May 21
22% May
12%
1
2
May
1%
1% May 21
17
May 10
9% May 22
9%
1
20
20
29% May
May 21
3
May 22 —6%-May 101
xl7% May 29 24% May
xl7%
17% May 29 29% May
17%

4%
3%
4%
28%

May
May
May
May

21
22
21

May
4% May
May
2% May
26% May
5% May
4
May
5
May
8
May
44
May
2% May
30% May
3
May
20% May
2% May
4% May
25% May

22
14
25
21
23
22
21
22
21
9
22
28
15
21
21
21
28

20

9% May
7% May
5% May
36
May

3
3
3
3

May 22

MSy

28

26% Jan.
29
Apr.

46%
May 21
34%
May 21
80%
May 21
8%
May 15
8%
May 20
12%
May 21
12%
May 21
65%
May 24
May 29 124
10%
May 15
27%
May 21
2%
May 21
17%
May 22
35%
May 21
m
-May- -22
24%
May
32%
May

4 % May 21
3 % May 22

4% May 21
28% May 20

4

4

Jan.

5

Apr.

11

Jan.
Feb.

3

Apr.

15

2

Jan.

5

Feb.

21

May

4

Feb

13

Jan.

20

5

Jan.
Jan.

3

Apr.

4

Feb.

28

Mar,-25-

Apr.

22

Jan.

25

9% Jan.
3
7% May
3
6
Apr. 11
40
Mar.
5

71.

45

173*
18%
2X Sale
39% Sale

5
*
*

U S Leather Co_

8% 1st preferred
77,500
21.000 U S Smelt Ref & Mining
10,200

8%
6%
5%

17

5

Sale

Sale

50%

Sale

Sale

18%
21%

Sale

Sale

5%
10%
11%

Sale

30%
30%
2X Sale
17X
18%
10X Sale
90 X
90%
23 X. Sale
50% Sale

59

*
23,900 U S & Foreign Secur Corp
$6 1st preferred
*
7,500
5,250 U S Distributing Corp pref. 100
*
22,200 U S Freight
20
63,000 U S Gypsum Co

4

Sale
Sale

Sale

100
5

United Gas Impt Co
5 200
$5 preferred
_*
92'900'United Merch & Mfrs Inc vtc_l
67 500 United Paperboard Co
10

400,400

4%

Sale
26%
5
5% Sale
98%
99% z98%
1
1%
1%
2 %
2% Sale
9%
11%
10%
12%
14% Sale

30

Sale

2
15

Sale
Sale

1 990

1,570
17,400
1,200
80,700
32,000
67,100
2,800
50,400
8,000
60,500

,

29

8X Sale
6%
5% Sale
34X Sale

44 X

!000 United Corp

111,500
259,200
19,900

123%
9%
21%

Sale

1
91.300 {Ulen & Co
*
39%
30,500 Underwood Elliott Fisher—*
689!900 Union Bag & Paper
*
IV*
88
250 900' Union Carbide & Carbon
*
2 910'Union Elec Co of Mo $5 pref..* 114
70 500,Union Oil, California
25
16X
55,900!Union Pacific RR
100 95
15,500
4% preferred100 86 %
23 X
67.000 Union Tank Car
*
646 000 United Aircraft Corp
5 47
16 X
042 600 United Air Lines Transport._5
15%
20 800 United Biscuit of America
*
1*330
Preferred
100 114X
60
19 500 United Carbon
*
6 800

46

Sale

_

1

Sale

22 X

SK

5
-5

138,300 20th Century Fox Film Corp.*
$1.50 preferred
*
17,800
*
16,000 Twin City Rapid Transit
Preferred
100
2,190
I
1
187,700 Twin Coach Co

760

49

32

Sale '
—

25

Corp (The)

10
¥
69,100 Timken Roller Bear
2
170,500 Transamerica Corp
Transc & West Air Inc
5
373,100
12,100 Tran & Williams Steel Forg--*
*
106,500 Tri-Continental Corp
$6 preferred
*
2,500
*
23,900 Truax Traer Coal
—10
2,700 Truscon Steel Co

9,400

Sale

29%
6%
24%

7~

Texas

$4.50 conv preferred
14,000
205,600 Tim ken-Detroit Axle Co

27,100
51,900
84,800
8,700
34,400

45%
4%

62

58

Telautograph Corp
Tennessee Corp

7% preferred
100
2.430
1
87,100 Thermoid Co
$3 dividend conv pref
10
4,400
100
147,600 Third Avenue Ry
25
17,500 Thompson (J R)
*
129,790 Thompson Products
*
42,300 Thompson Starrett
$3.50 preferred
*
14,600
234,000 Tide Water Associated Oil-.10

580

24,700

5,100
560

-9
50

5 ,400 Talcott (James) Inc
5 hi % preferred
720

1,900

27,400
20,300
4,800
31,300
290,100
228,500

purchase warrants—1
Without warrants
1

stock

6

10%

Symington-Gould Corp with
62 ,700
41 ,200

19

Sale

57
Sale

Sale

Sale

33

Sale

46

Sale

Sale

14%

26

T4
m

122%

4
68

Sale

Sale

22%
27%
42%
33%

Sale

Co

1%

65

Sale

11X
9X
56 %

8

Sale

38% Sale
7% Sale
105
107%
1% Sale
4% Sale
17
16%
20% Sale

Sale

5

23% May 22
6% May 21

56%
9%

Sale

44 X

8%

6% preferred
1 ,820
94 ,000 Sunshine Mining

27,700

nH

Sale

1
*

6%

Sale

Sale

Highest
Sale Prices

13%

!§*

Sale

Lowest

Sale Prices

33 %

Sale

Sale

Highest
Sale Prices

Sale

Sale

52%
10%

Lowest

38
28%
1% Sale
4
3%

36%
Sale

68

5

1
-*
100
10c

Sale

23%

34

20

Sale

Sale
Sale

22%

--10

35,300

2,100
61,700
24,400

6

2m
i!8

Ask

69

20 %
45 %

Inc

1,065 ,600 Studebaker Corp
26 ,800 "Sun Oil

4,500

2%

7%

7
65

78 ,400 Stewart Warner Corp

-*

(The L S)
51 ,800 Sterling Products Inc

13,000

35

39
Sale

33 X
80

11 ,000 Starrett Co

109 ,700 Stokely Bros & Co
211 ,000 Stone & Webster

1 *

Sale Prices

May 31

Sale

14%
20

141,600

460

1

Ask Bid

Southern Pacific Co

Southern California

RANGE SINCE JAN.

Jan. 2

exchange

Jan. 1

Shares

n. y. stock

Since

PRICES IN MAY

Price

STOCKS

In

39

exchange-stocks

n. y. stock

June, 1940]

7

3%

3

33

1
May
8
May
8% May
81
May
18
May
35% May
4% May
10% May
4% May
1 % May
74
May
3% May
6% May
5
May
14
May
1% May
13% May
6% May

Sale

% May
May
9% May
61
Sale
May
Sale
105
May
12
12%
May
71
Sale
May
77
75% May
Sale
24% May
Sale
40% May
Sale
12
May
Sale
12% May
Sale
111
May
Sale
42% May
Sale
12
May
Sale
1% May
Sale
27% May
Sale
3% May
3%
2% May
40
47
May
Sale
2% May
32
25% May
Sale
60
May
Sale
10% May
109
108% May
Sale
6% May
3
3%
May
Sale

26

Sale

3%

3% May
82
88
Sale
May
5
6
5
Sale
May
5% May
6%
5%
9%
Sale
55% May
58% Sale
167% 165
165
May
180
2% May
Sale
3% Sale
26
30
34
May
23%
Sale
14
Sale
16
May
3% May
Sale
3% Sale
6
7%
Sale
May
6%
50
55%
Sale
47
May
Sale
22
24
Sale
May
32
May
29% Sale
38%
% May
Sale
% Sale
15
Sale
May
17% Sale
78
68% May
Sale
75
Sale
44
39% May
60
60
65 %
Sale
May
58%
Sale

3%
83%

18
21

28
28
21
21
21

21
22
22
20
21
22
21
22
22
22
23

4%
6%
47%
4%
35
8

5%
11
12
44

3%
39%
5

33

7%
5%
38

1%
15%
12

97

27%
47%
5%
19%
7%
2%

May
3
May 10
May 10
May
9
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May 10
May
4
May

May
May
May
May

78

May 10
5% May 10
9
May 18
8% May
2
20% May
2% May
25

May

11% May
May
May
May
.May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
12% May
113% May
10% May
May
5% May
97
May
9
May
9% May
83% May
182% May
5% May
31% May
27% May
6% May
11% May
74
May
34% May
37% May
1
May
31% May
101 % May
59% May
70% May

3
May
4% May
May
2% May
26% May
5% May

33

4

M ay

,5

2%

May
May
May
May
May
May
May
Feb.

4

Jan.

8
44

2%
30%
3

20%

25% May
1
May
8
May
8% May
81
May
18
May
35% May
4 % May
10% May
4% May
1 % May
74

May
3% May
6% May
5
May
14
May
1% May
13 % May
6% M-y

22
14
25
21
23
22
21
22
21
9
22
28
15
21
5
2

28
18
21
28
28
21
21
21
21
22
22
20
21
22
21
22
22
22
23

% Mar 16
24% May 31
May. 21

.?*

May
May
May
71
May
75% May
22% Jan.

105
12

11
10

10
3

13
1
3

1
11

40% May
12
May
12% May
111
May
42% May
12
May
1% May
27% May
3% May
A* May
40
May
2% May
25%- May
60
May
10% May
108% May
6% May
3
May

5

9
3

14
1
13
3

10

Jan.

53
4

5

Mar. 21

Apr.
Apr.
Apr.

Jan.
Jan.
Jan.
J an.

4
4

11
8
4
8
8

Mar. 21
Feb.

16

42% Feb. 16
5% Mar.
8
Mar.
7

34

7%
5%
38%
2%

Apr.
Apr.
Apr.
Jan.

8
22
16
4

23

Jan.

27

12

May
6
May 10
27% Apr. 24
97

52
7

Jan.
3
Mar. 14

Apr.
Apr.
Jan.
Mar.
Apr.
Apr.
Jan.
Jan.
Apr.
30
Apr.
13% Mar.
21%
8%
2%
82%
5%
10%
13%
25%
3%

A*

Jan.

4

4
4

7
15

24
4

23
4
4

14
11

Feb. 19
45
18% Apr. 22
Jan.

28

4

27 116%

2

21

8

25
27
11

23
21
28

May
17% Jan.
98
Apr.
89% Feb.
29% May
53% Apr.
23% Apr,
18
Apr.

17

Feb.

23

65% May
19% Apr.
Apr.

2
5
4

Feb.

13

Apr.

11

18 119

23
24

29

8
10

11
16
4

22

4§*
lH

22

65% Mar. 14

21

22

*¥>

21

85^

21
28

Mar. 13
Jan.

3

Jan.

3

Jan.

3

Jan.
6
22 117% Feb. 24
22
13% Mar. 12
22

21

3% May 25
80

5% Mar
7

47%
4%
35%
8%
6%
12%
18 %

15

18

7% Apr.

10

Jan.

3

J*
97

May 11
10% Apr. 11
3
10% Jan.

May
5% May 22
Jan. 25
89
55% May 23
165
May 23 182% May 14
9
6% Mar.
2% May 21
26
32% Mar. 11
May 15
28
14
Apr. 25
May 2i
7% Apr. 23
3% May 21
6
12% Apr. 23
May 21
74
50
May
4
May 21
4
22
38% Jan.
May 21
39
Apr.
1
29% May 31
5
1% Jan.
3
% May
3
15
41% Jan.
May 21
Apr. 11
68% May 22 117
Jan.
4
65
39% May 23
70% Jan. 11
60
May 22

40

N. Y. STOCK EXCHANGE-STOCKS

AGGREGATE
SALES

Price

STOCKS

In

Since

May

Shares

PRICES IN MAY

691,400
24,700
7,500
310

8.300
5.600

25,600
300

4,900

180

"4",000
17,800
10,500
930
720

1,900
1,900
640

30
900

~

9,000

3,500

9,300
2,800
136,700
1,470
17,200
1,600
4,400
5,400
6,500
6,800
9,000

-149,1-00
36,700
12,000
8,100
20,000
10,900
281,600
3,990
39,300
2,100
10,600
11,400
18,300
21,000

Sale

$6

200

28,400
10,900
2,500
2,500

69,900
57,200
55,300
910

22,400

9,500
5,800

conv

*

preferred

100
100
100
*

4 A % preferred with warr

*
100
*

WaiwoFthGu.-^.,..
Walker

(H) Gooder & W Ltd.*
■--*

Preferred
Ward

Baking Co class A

*
*

Class B

100

7% preferred

5

Warner Bros Pictures

*
tWarren Bros
*
Co n vertible preferred
*
Warren Foundry & Pipe
.*
Washington Gas Light Co.-No
$3.85 conv preferred

5

Waukesha Motor Co

2

$4

conv

5634
15
Sale

68

151

157
Sale

69

134
134
134
634
20 34
9534
534

Sale
Sale
3
7
21 34
Sale
Sale

iff

86,500

78,900
10

200
1,900

3,200
1,680
4,400
4,800

204,900
930

.

17,300
153,400
700

19,400
29,200
20,900

*

Sale

A^
40

Sale

13

Sale

63 34
16

15
66

154

'

101

99

%, Sale
1934
Sale

70

34
A
123-4
1634
3034 Sale

16 34

36 34
33

140

60

Sale

25

24

115

11634 11634 101
4534
4634 3534

Sale

11

12

44

Sale

87

134

21

Sale
Sale
Sale

15
3834
30
Sale

5h
3734
2834

3534
9234

3334

77
126

1

Sale

134
34
734

.....

Sale

1

34

Sale

\X

„

98

Sale

Sale
Sale

44 34

Sale

134
634
2834
26 34

134
6

9

Sale

31

'1934 Sale'

23

3<

33l-

134
834

Sale

37
1

30

23

24

27 34
19

2034

22

15

16

15 34

16

55

6334

85

95

234

234

Sale

18

Sale

Sale

112

Sale

100 34

Sale

105

Sale

10434

115

Sale

117 3-8

Sale
9034
11834 109

2434
102

Sale

4

434
734

634
34

%

22

Sale

23 34

9234

Sale

Sale

15

113

Sale

87
114

Weston Elec Instrument. 12.50

2834
37

Sale

13134 133
3134 Sale
3834 Sale
38 34 Sale

*

154,800 White Motor Co
139,100 White Rock Min Spgs Co
167,300 White Sewing Machine
84 convertible preferred..
3,400
Prior preferred
16,500

21,000 Wilcox Oil & Gas.
485,000 Willys-Overland Motors.:
203,500
6% conv preferred
348,800 Wilson & Co
25,200
$6 cum preferrred..

96 34

110

70

6534
1034
12 h
8 k
634

Sale

33

6

634
Sale

JP*

3634

46

Sale
Sale

5834

Sale

23 34

Sale

5

334
134
334
534

Sale
Sale

234
3 34

3
Sale

Sale

6

Sale

634

Sale

♦

52

Sale

54
Sale

2334
3834

2434
Sale

Sale
18
*
72
100
6634
6% preferred B
60
70
100
Prior pref 434 % series
9,500
35
100
3434
Prior pref 4 A % conv ser 100
13,000
46
4334
Sale
5,270 Wright Aeronautical Corp
* 114
15,600 Wrigley (Wm) Jr
*
8534
8734
16,900 Yale A Towne Mfg Co
25
2434 Sale
Sale
515,200 Yellow Truck & Coach cl B..1
2,530
117
7% preferred.
-.100
Sale
52,200 Young Spring & Wire
*
Sale
357,300 Youngstown Sheet & Tube
*
1,800
534 % preferred series A..100
84
89
59,000 Youngstown Steel Door
*
2734 Sale
74,300 Zenith Radio Corp
*
1634
1634
89,900 Zonite Products Corp...
1
234 Sale
_

68

ilIM
M

Cash sales,

x

54 Apr.

May
May
May
May
May

22 ?4

3

2

2

30

34

.

May

8

1534 May 22

26 34 May

3 54
22
20

13 34
14

4

9
9

Feb.

28

May

9

Jan.

4

Mar.

1

May

8

Jan.

13

2
3

Jan.

Apr.
May
May
May

154 Mar.
734 Apr.
2334 May
101

6

5
9

Mar. 15

6.34 JftlL
May
3534 Jan.
May
1634 Feb.
May
934 Jan.
May
134 Jan.
May
.2534 Jan.
May
434 Feb.
Jan.
May
50
Mar.
May
2
Mar.
May
9
May
3134 Jan.
May
2834 Feb.
May 21
2034 Apr.
Jan.
May 21
24

234 May 21

5

Jan.

May

34
14 34

2

Apr.
May

1534 Apr.

% May

34
534
16 34
9234

Mar. 15

3134 Mar. 14
15
434 Jan.
4
22 3154 Jan.
4
23 118
Jan.
6

12834 May 28 135

1

r,
May
4
May 10
27 34 May
7
18 k May
9

29

May 10

24

May 18

3 54

2

6

Feb.

19

May 21
48
2834 May 29 35
71
May 23 100

111e

15
22

Mar. 27

37

2

434 May

Sale

.

6

5.34
3 34
30

14 34

Sale

4934
1634

2
234
2 34 Sale
354 Sale
4

4134

Sale

49

17 105
21
15

18

15

3634
4 34
7 %
%
22

24 34
May 21 11454
May 21 133 34
26 34 May 21
3754
27 k May 21
38,34
2834 May 21 3834

76

110

85

Sale

23 11734 May
21
2554 May

1434 May 22
15 34 May 21

90

9634 105
51341 60
954
834
834 Sale

1534 May 22
6034 May 23
95
May 23
9634 May 22
91
May 25
1083s May 23
11
May 21
10054 May 17
22
May 21
2 54 May 15
4 34 May 18
34 May 15

6034 May 23 72 34 May
May 23 110
95
May
96 34 May 22 113
May
91
May 25 105
May

50

1834
96 34
51

May
May
May
May
May
May
May
May
May
May
May

28

60

24

97 34
32

21

15 105

29

May
May
May
May
May

14 34

May
May
May
May
May
May
May
May
May
May
May
May
May

22

27 54

May
2854 May
50
May
85
May
1834 May
9634 May
51
May

234 May
May
6
May
7
May
68
May

8k
7 A

434

334
46

1454

3 54

16
21

15
22

13

2034
3034

Sale

16

Sale

50

65

Sale

40

Sale

2134

Sale

44

62

3934

71
Sale

27

3034

Sale

50

Sale

35

40

120

Sale

95

105

92

Sale

75

23

Sale

15 34

77 34
Sale

1734

Sale

11834

Sale

1154 Sale
10034 103

12

Sale

42 34
93

Sale

2134
1534

Sale
Sale

9

3 34

Sale

234

99

u

7

3034
70

1534

Ex-rights.

Sale
Sale

8534
Sale
c,

Sale

1554 May
30
May
1354 May
60
May
64
May
3034 May
40
May
95
May
73
May
1534 May
954 May
98
May
654 May
27 34 May
80
May
123a May
854 May
234 May

J3L
11

1
10

lO
10
19
3
16
16

5
7

22
4

454 Feb.

23

Apr.

16

22
21

n»

Jan.

8

108

11834 Apr. 30
3
2534 May
105
Apr. 29
4
4054 Apr.
Jan.

5

9

Jan.

5

1

2834 Jan.
2834 Jan.

21

Jan.
118
21 138
Jan.
20
37 % May

21
21
28

3834 Feb.
39 34 Jan.
Mar.

24

67
98

21

3534

15 105
29

71

22
4

14 54 May 22

154 May 15
134 Jan.

5

Jan.

15

3

3 34 May 21
May 21

46

10
1
8
22
10
8
9
10

Jan.

,

60

64

95
73

8

2

354 Jan. 11
334 Apr. 22
6 54 Apr. 13
734 Apr. 22
70

Mar.

6

Mar.

1

2754 Apr.
4234 Apr.
2454 May

9
5
8

May 22
May 10

71

22

42

Jan.

25

69

Apr. 23
May
8
May 20 54 54 May
9
21 129
May
Apr.
9
May 23 93
Apr. 26

3034 May
40

3
4

30
Apr.
9
Apr. 30
Apr.
5
Apr. IS
Apr.
9
Apr. 10
May
3

1134
734
5734 Mar.
24 54 May

2 12134

15 54 May 21
30
May 18
13 34 May 21

13

Jan.

1134

ay

4

834 Apr.

13 54

an.

4

12
9

Mar. 16

38

Jan.

11034 Apr.
115
Apr.

734 May 21
4 34 Mar. 23

8 54

3 34

2734 May
40
May
2434 May
60
May
64
May
42
May
5434 May
123 34 May
92
May
23
May
18
May
120
May
12 34 May
44 54 May
93 54 May
22 34 May
1534 May
334 May

Jan.

26

6634
1054
12 34 May
934 May
7 34 May
46
May
24 34 May

134 May 15
134 May 15
May 21
3 ?4 May 21
46
May 21

May
1534 May
76
May
110
May

116

26

Ex-dividend,

5

24
24
11
12
10

Jan.

4354
3954
11734
4934
5934

14

18 34
11

120

210

r

Sale

2034

116

Deferred deli very.

Sale

201

.1
10

May
154 May
May
109
May

20

Apr.
Apr.
Apr.
Apr.
May
Jan.

eVA

1

234 May 21

70

21
'

*
1
*

Sale

Sale

Sale

10

Sale

3234
85

110

*

a

30

98

90

Sale

Sale

45

68

934
1234

Sale
120

30

67

3134

1

Sale

19

55

97 34
30 34

100 Wisconsin Elec Pow 6% pf-100
73,900 Woodward Iron Co
10
329,800 Wool worth (F W)
10

174,400 Worthington P & M
340
7% preferred A

34 May 21
334 May 16
22
May 23
20
May 21
13 34 May 21
14
May 21

16

15
96

Sale

__30

30

May 15
May 22

10834 May
11
May
105
10034 May
Sale
24 '
22
May
2 34 Sale
2 34 May
6
4 34
434 May
34
54e
34 May

Sale

138
Sale

preferred

2

Sale

Sale

136

conv

34 May 21
34 May 16
1434 May 16
3

Feb.

?8

19

23
5

60

Sale"

11634

5%

134
2354
3 34
4534
134
7 34
2854

Sale

Sale

Westinghouse Air Brake
*
Westinghouse Elec & Mfg. .50
7% 1st preferred..
.50

16,300

5 34

2

110

Sale

May 31 4834
134 May 22
534 May 28
May 18
43
May 22
1234 May 24
17
45
May 24 70
137
May 27 159
60
May 21 112

3

Sale

Sale

43

1
3

30 34 May
14 34 May
7 34 May

26

2634
2734

1
May
134 May

May 21

7234 Sale

Western Union Telegraph..100

% May 22
54 May 15

34^tfay 22

Sale

36 34

28 135

11

Sale'

1934

May 13
May
8

18

1134

6

82

95

Sale

26

7334
10534
11234

23

5 34 May

434

*

May

9834 May

Sale

__*

34

May 22

Sale

100

9
1
2

29

3

.V*
60

Snowdrift

18
1134 May
"'44
21
May

9234 May 24

22 34

preferred

5
May
May
2834 May
71
May
12834 May

37

1
9
1

3

4 34

1
2
2
1

7 34 May

34

Sale

May
May
May
May

2834
3 34
15
22 27 34
23 1,17 34

3

Apr.

54 May
1234 May
May
23
May
*113
May
3534 May
56 54 Jan.

24

23 34 May

2 34
30 34

46

42
May 21 6834 Jan.
103 34 May 21 124 34
Apr.
32
May 13 3934

25

May
134 May
May
109
May
19

14

May 21

Sale

15

May
May
May
May
May
May

16 34 May 22

34

,

23 h
Sale

34
34 May 21
18
1234 May 21
May 23 43 34
May 22 33 34
rll3
May 14 116 34
3534 May 28 49 k
25
23

94

4

Sale

42
May 21
6334 May 10
May
10334 May 21 124
32
May 13 3834 May
43
May 31
4734 May
234 May
134 May 22
714 May
534 May 28
1
May 18
lh May
43
May 22 5534 May 11
May 10
1234 May 24 17
45
May 24 66 34 May
7
137
May 27 154
May
8
60
May 21 10034 May
2

Sale

3,

734

134

Highest
Sale Prices

18

17 34
90

tl

7

Lowest
Sale Prices

134

.....

Sale

23
l.3,

Highest
Sale Prices

75

7934
19
2834 Sale
334 Sale
234
16
27.
Sale
111
11734 Sale

-----

*

_

35,200 Westvaco Chlorine Prod.




49

Sale

700
6% preferred
.100
69,000 Western Auto Supply Co
10
25,900 Western Maryland
100
5,300
4% 2d preferred.
100
11,300 Western Pacific 6% pref.-.100

No par value,

45

40
6934
15734 131

47

Sale

31",300

134

103-4

95

5,600

Sale

1934

4,410
53^% conv preferred
100
167,100 Wheeling Steel Corp
;..._*
330
6% preferred
100
3,200
$5 conv prior preferred
*
5,300 White Dental Mfg Co (SS)_20

53,600
99,400

Sale

Sale

1,680
58,000

10,000
109,700

134
534

Sale

70

5,100

Sale

43

1434

3834

100

Sale

30

40

900

3434

Sale

234

1634
8 34
134
Sale
Sale

3734

62,400
24,500
54,800

Sale

7 34

Sale

80 Wheeling & Lake Erie Ry__100

160

Sale

3234

16"
734
134
2234
334

60

900

Ask

18
22 3-4

*
2,080 West Penn Electric Co A
5,220
7% preferred
100
4,290
6% preferred.
100
6,200 West Penn Pow Co 4H % Pf 100
59,800 West Virginia Pulp & Paper..*

178,000
144,700
132,700
2,020
52,300

3734

55

Lowest

Sale Prices

May 31

___1

Wayne Pump Co

Wesson Oil &

1

Ask Bid
Sale
46 34
Sale
10934

o

734

54
14

—

5,900

1,150

46J4

Sale

2H
6H
VA

:::i6

5934
12334
37

43 K

United Stores A

Bid

Sale

35

::i25

7% preferred

47,500 Webster Eisenlohr
7% preferred

56",700

1,100

Sale

*

United Stockyards Corp.. ...-i
*
Conv preferred (70c)..

5.800
-

600
370

13,200

IlOO 117H

Steel

7% preferred
U 8 Tobacco

-

13", 200
1,550

66K

Sale

4,700 J Wabash Ry Co.
16,500
5% preferred A
190
5% preferred B
26,200 Waldorf System
29,500 Walgreen Co.

5,000

1,700

Ask

-

8,900

13,800

States

Bid

20,900 Vadsco Sales Corp
— *
J4
740
Preferred
100
16
1934
Sale
326,300 Vanadium Corp of America.-*
5
37
38
14,700 Van Raalte Co
1,040
7% 1st preferred
100 114M 11534
—5
18,100 VickChemical Co..
4434 Sale
30 Vlcks Shreve & Pac Ry Co_100
62
55
80
5% preferred
100
5
30 "~ Sale
18",400 Victor Chemical Works
*
3 A
40,100 Va Caro Chemical
434
Sale
29
28,400
6% preferred
100
2,670 Virginia Elec & Power 6% pref* 11734 118
Virginia Iron, Coal & Coke—
6 M Sale
2,070
5% preferred
...100
5,400 Virginia Ry Co
4434
45
--25
33 34
6,600
35
6% preferred
25
93
Sale
1,450 Vulcan Detinning..
100
30
7% preferred
-100 132

350

12,200
1,700
70,400

United

*

::ioo
890
8% preferred
7,450 Universal Picture 1st pref. -100

204,400
2,700

-»

May

5,000 U ni versal-Cyclops Steel.. :::ii
*
5,400 Universal Leaf Tobacco

1,900
1,100
230
770

m m <*••-

1940

Par

1,739,300
67,800
30,700
2,070
26,800
13,000
75,500
2,440

RANGrE SINCE JAN.

2

Jan. 1

Shares

Jan

N. Y. STOCK EXCHANGE

Jan.
1534 May 28
25
954 May 21
1934 Jan.
98
May 25 124
Apr.

3
4

23
Apr. 16

6 54 May

10
10
3
1
3

21

14

2734 May
80
May
1234 May
834 May

28

Mar.

1

3
4834 Jan.
93 54 May 10
4
2834 Jan.
A
8
1754
434

t Companies reported in receivership.

2

28

21
21

nr

^ Called for redemption.

New York Curb

Exchange

MONTHLY AND YEARLY RECORD

RANGE
Stock Sales

May

Shares.

1940

Bond Sales

1939

May

2,129,637
17,287,426

7,179,036
23,938,036

Jan. 1 to May 31_

NEW YORK CURB EXCHANGE

ON

PRICES

OF
1940

-

Jan. 1 to

NOTICE—Deferred delivery. under the rule and cash sales, are disregarded
and when selling outside of the regular monthly range are shown in a footnote
computing the range for the year.

May 31

1939

.

$34,683,000
199,516,000

$38,112,000
160,067,000

In the month's range, unless they are the only transactions o the month,
in the month in which they occur
No account is taken of sucn sales in

AGGREGATE

May

Shares

Jan. 2

Jan. 1

Shares
100

43,900
4,600
5,700
18.000
400

4,300
375
800
390
800

300

2,270
1,400
106,800
15,600
18,700
49,600
6,900
27,700
1,250
2,170
2,120
1,300
1,700

1940
STOCKS
Acme wire Co
Aero

Par

1
com

5

Air Associates Inc common

1

Air Investors Inc

*

Convertible

common

preferred

Warrants
Ala Gt Sou RR ordinary
Ala Power Co $7 preferred

$6 preferred.,

Class A

950

125

50
*
*

Alles & Fisher Inc common
*
Alliance Investment common *
Allied Internat Investing—

100
$3 conv preferred
2,450 Allied Products Corp

100

1,550

.1

Class B

Mfg Corp

1,000
610

15,500 Amer Box Board Co com.
900 Amer Capital Corp cl A

5.700
100

2,700

2,600

50

800

70

4.300

111,700

51,100
1,200
3,000
46.300

5.400
3,525

26,500

*

100

2.900

_

„

.

600

.950

40

30

"""775
50,300
2,400
33,500
800

25

1'

Foreign Power
Hoe Co

American General

Preferred

Corp

470

10c

-100

_

10
2
*

1

800

2,800
13,300
3,900

21,400 t Assoc Gas & Elec common. .1
Class A
1
117,600
$5 preferred
*
22,500

240

5,400

17,800

20 %

Sale
I 4
76
%
%

31%
28%
1%

33
31
1%

33%

Sale"

12

13

10

12,700

200 Assoc Tel & Tel class A
Atlanta Birmingham & Coast

22

%

%
64

Sale

92

Sale

82 %

2%
%

83%
2%
%

4

6H
9%

9

20
Sale

17*

78

3%
tr

31

35
34

1 %

Sale

37%
16%

% Sale
24%
27
23%
28
% Sale
25

44

Sale
Sale

>

62

SA Sale
33%

o

Sale

13

44

30%
9%

Sale
Sale

37

%
%e
11% Sale
27% Sale
2%
2%
22% Sale
25%
29%

18%

11

%

14

Sale

36

Sale
Sale
Sale

17%

13

16%
15% Sale
28 % Sale

17%
15%
28

Sale

25

28

20

23

24

Sale

16

Sale

68

85

72%

85
Sale

64

85
Sale

16

%
32

Sale
Sale

84* 88*
7%
7%
5% Sale
% Sale
73
74 %
15%
15%
3% Sale
1%
1%
2
1%
12%
13%

33%
%
107%
8%
5%

7%
5%
5%

2%
Sale
Sale
6%
Sale

7%
8%
lAt Sale
% Sale
5%
5%

Sale

29%

34%
%
Sale
Sale

6%

% Sale

63%
12%
3%
1%
1%
13%
114

2%
2%

7
May 10
4% May 14
4
5% May
3
May 21
14% May
3
10% May 28
8
3% May
1.% May 21
26
27% May 10
May 13
May 10
% May 21
May
8
62% May 21 77
8
90% May 23 105% May
95
82
May
8
May 25
2
May 14
2% May 14
% May 18
% May 21

3% May
8
May
19% May

Sale
141
150%
108
113% 114% 109% Sale
18
16%
17%
16%
16%
5%
6%
8%
5%
a
9%
Sale
98% Sale
55
42%
96%
108% Sale
1
1%
1% Sale
J*
Sale
37
43
44
37
4
4
6%
7%
4%
1%
3%
1%
1%
%

187

32

2%
2%
8%
97%
5%

65%
13%
Sale

1%
1%
14%

13%
12%

%>

.

26

30

5%
3%
%
49%
6%
2%
1

1%
1%
6%

Sale

4%
Sale

52
8

3
1

11%

Sale
1%
Sale

7

6
9

10
10
7
9
1
4

1
2
9
21

13
May 29
72% May 13

%s May

25% May 22

33% May
31% May
1 % May

8

25

May 29

% May 25
32% May 27
26
May 21
8% May 24
% May 21
9% May 22
25% May 21
2% May 21
22% May 31
26% May 21
11
May 21

13% May 28
11% May 22
25
May 28
13% May 21
65
May 24
%> May 31
23
May 21

3
1

36

May
7
38% May 10
19% May
3

%.
14%
36%
3%
30%
28

19

May 10
May
9
May
1
May
3
May
1
May 21
May
9

17% May
9
15% May
9
29
May
3
24% May
7
73
May 16
% May
3
34
May
6

May

5

May

3% May
% May
52
May
6
May
2% May
1

5% Sale

4%
4%

Sale
Sale

6%
7%
%
%
% Sale
2% Sale

%
%
1%

Sale
Sale

May

% May
8% May
108

May

%«
1%
1%
6%

Jan,

11

1%
17%
%
62%
90%

May
Jan.
May
May
May
May

21
13
21
21
23

82

4
4

May
May
May
May
May

25
9

% May 21

8

May

21

i}§*
1%
49%
7%
2%

1
11
19
2

Jan.

36

26

May
May
Mar.
May
Feb.

4

21
24
12
22
28

May 21
22% May 31
26% May 31
11
May 21

3

Apr.

33% Mar.
1% Apr.
May

39% Jan.
19% Apr.
>18 Jan
J an.

u

14% Apr. 27
39% Jan.
8
4
Apr.
4
31% Mar. 13
34% Mar. 21
19% Apr. 13
18%
16%
29%
25%

13% May
11% May
25
May
13% May
65
May
%6 May
23
May
% Jan.
70
May
5
May
3% May
% May
52
May
6
May
2% May
1
May
% May
8% May

Mar.
Jan.
Jan.

9
11
26

75*'
17

11

Jan.

36

9
19

Jan.

%
109%
10%
6%

Apr.
Feb.

68

29

Jan.

17

Apr.
May

3
6

Mar. 12
Jan.

4

Jan.

9
8

Jan.

3% Feb.
1% Mar.

6
8

2

Feb.

27

15

Apr.

18

Jan.

9

115

May
%6 Feb.

26
Jan.
2
Apr.
1
Apr. 23
99
Jan. 18
6% Mar. 8
5% Jan. 11
%
2%
2%
8%

1% May
1% May
6% May
87
May

May
May

6%
%
%
2%

May
May
May
May

6 % May

,8

% Jan.
% Feb.
1
May

12

% May 22
1
May 15

1

1

May 29

1

% May

Apr.

Apr.

10

Jan.

4

4

Mar. 30

Apr.

Mar. 28

31

4

21
4

Jan.

35

May

4
16
4
29

Jan.

25% May 22
25
May 29
% May 25

108

16

80

% May

8%
%
9%
24%
2%

21

20%*

Feb.

72

Prices

2
22% Jan.
22% Mar. 13
7
May 10
6% Mar. 12
3
14% May
3% Apr. 15
3
30% Apr.
4
% Apr.
9
78% Apr.
108% Apr. 30
98
Mar.
1
6
2% Jan.
8
1% Feb.
4
May
11% Mar.
Apr.
192% Apr.
Apr.
Apr.
11% Feb.
110% Mar.
109% May

3% May
19% May
138% Jan.
108
May
16% May
5% May
42% May
96% May
% Mar.
37
May
4
May
1% Jan.
% Jan.
13
May

May
May
May
May
May
May
May

2%
2%
8%
97%
5%
5%

Feb.

2

114

May
May

6% May

IK

4
10

May
May
May
May
May

May
May 14
May
6

17
16
May 21

Apr.
4% Jan.

107%
10%
5%
%
63%
12%
3%
1%
1%
13%

May
May

May 21

13
21

1

87

95

86

May

21

May 29
72% May 13
% May 28

13

70

1%

%
8%

May
May
May
May
May
May
May
May
May

4
May
10% May
May
189% May
115% May
17% May
9% May
98% May
109% May
1% May
44
May
6% May
1% May

20

%6
85

114% 109%
Sale
Sale
Sale
Sale
Sale

14
Sale

%
74

9
15

% Mar.

20

RR

««e page

53.




%
1%

*

Co preferred
100
10 Atlanta Gas Light 6 % pref. 100
*
73,300 Atlantic Coast Fisheries

For|footnotes

18

17

30
Sale

5

12%
2%

6%

3%
30%

12

Sale

4

10%
21%

20 1

38% Sale
3% Sale
25%
25*

200 Assoc Laundries of America..*
V t c common
*
800

10

Sale

5%
11 J*
2

7
20% May
21
May 15

Sale

Jan.

8% Feb. 24
%6 Jan.
2
% Jan. 10
5% Jan.
3

Warrants

"

50

6
Sale

29%
%
%
75'
76%
107% 108%
97
95%
2%
2%
1
1%

36

*

32,800 Arkansas Nat Gas common.
Class A non-voting-__
113,429

*
6% preferred
10
47,000
1,400 Arkansas P & L $7 preferred.*
7,600 Art Metal Works common.. .5
40.500 Ashland Oil & Refining Co..l
Assoc Breweries of Canada
*
Associated Elec Industries—
American deposit rects
£1
13,900

40,000
8,600

Sale

A
*

10

3,700 Angostura-Wupperman
3.400 Apex Elec Mfg Co common..
Appalachian Elec Power—
$7 preferred.
1,535
98,600 tAreturus Radio Tube

1,300
2,100

May 15

warr

com

American Gas & Electric

Preferred $6 series..
*
21,200
5
13.900 American Thread 5% pref
4,000 Anchor Post Fence common. _*

400

1,800
10,700

*

140.200 American Superpower......
1st preferred $6 series
6.100

5,600

105% 107

10c

115,700 Amer Republics Corp com,
14,000 Amer Seal-Kap Corp com

3,900

18

-1

43,100 American Maracaibo
*
5,200 American Meter Co.
1,800 Amer Pneumatic Service
3,400 Amer Potash & Chem Corp..*

18,700
1,100

16 %

"97"" Sale"

American Export Lines com__l
Amer &

May 21

4

10c

Class A with warrants
Class B

Amer Fork &

13

21

10
19

1

11,600 American Laund Mach com .20
46,200 American Light & Traccom.25
6% preferred
25
2.900
3,850 American Mfg Co common. 100

3,200
20,300

1%

100

$2 preferred
1
$2.50 preferred
575
1
6,750 Amer Hard Rubber Co com.50

125

3

1

*

385 Amer Cyanamld com class A_10
Common class B non-vot.. 10
336.900

153,100
5,600
6,350
126,900
15,200
9.800

2%

Sale

r

1,100
9.300

Sale

140

*
32,600 American Centrifugal Corp__l
Amer Cities Power & Lt Corp—
Conv class A
2,775
25

350

%
%
77% Sale

115

S3 preferred
$5.50 prior preferred

8,200

18

22%

27

*

Common class B

""'200

16

21

Sale

101

Lowest
Sale Prices

23%

Sale

Sale

Highest
Sale Prices

22

6%
5%
13%
3%

Sale

Ask

22

Sale

Highest

Lowest
Sale Prices

May 31

20%

5%
5%
10%
2%

22%

100

*

1

Ask Bid

Sale

20
Sale

25

38,950 Aluminium Ltd
6% preferred
3,200
5.200 Aineriban Beverage Corp
2,730 American Book Co

700

Bid

22 %
20%

*
10

com

-

97,850 Aluminum Co common
14,900
6% preferred
4,100 Aluminum Goods Mfg
9.800 Aluminum Industries com

26,150
3,200
2,300
1,750
10,550

May
Ask

Bid

20

10

common

Supply Mfg class A

Ainsworth

1

Price

NEW YORK
CURB EXCHANGE

Since

870

RANGE SINCE JAN.

PRICES IN MAY

SALES
In

65

70

102
3

66

H,
%
69%

50

5
2
66

107

Sale

3%

Sale

1%

Sale

May 29

May 10
May 10 65
104% May 21 104% May 21
3% May
2
1% May 22
65

%6 Feb. 21
May 29

% Mar. 8
%6 Feb. 21

2* Apr.

6

Apr.
8
May 10 68
104% May 21 104% May 21
4% Apr. 16
1% May 22
65

NEW

42

YORK

EXCHANGE

CURB

AGGREGATE
SALES

RANGE SINCE JAN.

PRICES IN MAY

1

NEW YORK

CURB EXCHANGE

Since

May

Jan. 1

STOCKS

Shares

2,670
6,900
210,300
6,700
20,200
13,700
4,900
10,400

Atlantic Coast Line Co

Atlantic Rayon Corp
Atlas Corp warrants

5
Plywood Corp
*
t Austin Silver Mines
Automatic Products Corp
5
Auto Voting Machine com—*
5
3,300 Avery (B F) Sons Co._
475
6% preferred with warr
25
675
6% preferred ex-warr
25
Purchase warrants
4,100
374,100 Aviation & Transport Corp__l
10
3,320 Axton Fisher Tob class A

ilk
ieiH
4%

600
200

300

4,600
1,000

7*$ Sale
6*4
7H
X
%
*4
%

Purch warr for common

Co com__.-l
Bardstown Distillery Inc
1
Barium Stainless Steel
1
Barlow & Seelig Mfg conv A__5
Basic Dolomite Inc common. _1
Bath Iron Works Corp
-1
Baumann (L) & Co com
*
7% 1st preferred
100
7% 1st pref vot tr ctfs
100
Beau Brummell Ties Inc
1
Beaunit Mills Inc common--10

12 *$
1 Ys

Purchase warrants

22

Sale

Sale

21*$
5*4
4*$

Highest
Sale Prices

May 20
4*$ May 18
% May 31
2
May 21
11*$ May 22
X May
2
% May 17
3*$ May 22
3*4 May 22
18*4 May 13
17
May
7
1
May 15
2*$ May 15
34
May 25
3*$ May 23

29*4 May

13

18*4 May 10

13

*$ Apr. 16
X May 31

3*4 May

2
May 21
11*$ May 22
X Jan. 25

19*$
*f«
1*4
6*$

May

May
May
May

,

1

i%

X
%
%e Sale
8*$
9*4
a

a

4

Sale

12
1

Sale

6*$
Sale

3*$ May 22
3*4 May 22

40

18

28

4*$
5*$
4*$
5*$
13*$ •17

5*$

lV*

5*$

Sale

27

Sale

6*$

Sale

Sale
Sale

3*4

4*$

4

5

10*$

4*$
4*$

144"

90
117*$
116*4 Sale
115*$
20
45
37 X
30
44% —50—
X Sale
*32
%
11*$
14*4
37*4
38*4
39*$
4
6
5*$
4
5
2*$
15*4
18*$ Sale

40

■

Sale..

14)4

1*4

14h

IX
40%

40

6*$
2%

26%

6%
3 X
30
28*$

27

Sale

5

14*

1*$
43*4
6*$

Sale
44*4
7
2
2*$
27*$
30*$
44*$ Sale
6*4
6?$

16

23

20

May

14*$ Jan. 12
1
May 15
2*$ May 15
34
May 25

17

1*$ May
4*$ May
46
May
3*$ May 18

22
23

21

17
15
22
17
4*$ May 14

May
25
May
25
May
3*4 May

19

25

28

32

4*$

5*$

*4
1*$
*$

X
3X

*4 May 21
May 21
3*4 May 22
1 *$ May 20
16*$ May 21
29
May 21
4*$ May 22

2

Jan.

3*4 Apr. 30

30*$ Apr. 22

18

27*$
8*4
7*$
%

3*4
9*$

May
May
May
Mar.
Mar.
May
May
May

1

Mar. 21

May 22

20

5*4 May
9
4*$ May 14

14&

1*4
43*4
6*$
2*$

53

18*4 May 21

1

16

36

Apr. 22
10
4*$ Apr. 15
1 *4 Feb.

19

21

25

■

Vs

Jan.

27*$ May
4
8*4 May 10
6*$ May 13
X May
6
% May 12
10*4 May
3
6
May
9
15*$ May
3
1
May 17
25
May 15

6*4 May 10
3*$ May 15
May 23
28*4 May 10
3
May 14
6*$ May 17
May
7
103
May 14 114
110
1
Sale 115*$ May 27 116*4 May
23
May 25 37*$ May 13
25
42-*$~May—13 42*$ May 13
407
% May
*4 May 14
ht May 18
May
2
*4
11
Sale
May
7
May 29
4
37*$ May 29 38*$ May
38
6
4*4 May 14
5*4 May 10
4
May 13
4*$
2*$ May 14
Sale
13*$ May 21 22*$ May 10

4*4
2*$

Jan.

3

5

39

3*4
1*$

Mar. 14

May

15

*4
33

May
9
Jan. 11
Jan. 15
Feb.
9
Mar. 28

May

Sale

Sale

19

19*$
*$
1*$
6*4
7*4

17

21
23
6
16

4

15
2 *$ Mar. 19
4
Apr.
5

6

1

2

25

54# Sale
Y*
X
13*$
14
38
38*$
6X
7H

*

Sale
8*4
IX
7%
7*4
X

100
--*
*

1

6%

1*1

Sale

6

1

11*$ Sale
35%

100
*

37X
Sale
55

3

2*$
28X

Oil

38

36

Sale

2

5*$

12

May
May
May
May

4*$
4*4
*$
*$
8

21
21

23
4
6

22
23
21

Jan.
Jan.

29
May
45*$ May 10
6*$ May
7

May
4
May 10
Apr.
3
1
Apr.
6
*4 Jan.
11*4 Apr. 19
9
7*$ Jan.

16*1
2

Apr. 20
Apr.
2

4

25

Jan.

6

3

25

Jan.

3*4 May 17
4*$ Jan. 19
12*$ Feb. 21

6

Jan.

6
9

5*$ Apr. 15
15
Mar. 16

sx May 15
May
May
103
May
114
Apr.
23
May
-42*$ May
*4 Mar.
16
3

29
29
14

Jan.

20

Feb.

9

Jan.

22

Mar. 13
Jan.

4

May
May
May
May

Apr. 15

14

*4 May
May
3*4 May
1*$ May
16*$ May
28*$ Jan.
4*$ May

21
21
22
20
21
3
22

*4 May
May
X May
3
May
3*$ May

3
21
13

24

Apr.
5
% Apr. 19

21

lsi Mar.

11

37%
4*4
2*$
12*$

9

Feb.

23
32*4
14
8*1
14 136
1-7 125
25
43*$
13 46*$

36

3
21
13
22
15
28

1

22

29

14
15
17
28
24
17

Feb. 27

]4*t
40

6*$ Jan.
6

16

Apr.

Mar. 26
Jan.

25
4

22*$ May 10
1*$ Jan.
8
Apr.
4
Jan. 30
Mar. 26
Mar. 28
Apr.
3
Apr.
5

45

8%
2*$
31*$
48*$
6*$

*$
6*$
1 *$
6 *$
7*$

May
May
May
May
May

1
3
9
1
1

15*$ May 10

25
11*4

30

33

10*$

10

18

20*$
18*4

1*$
35

Sale

i*$

4

22

15
May 28

8

36
Apr. 17
1*$ May 22
29
May 14

*4
8*$
1*$
8*4
7*$
17*$

Feb.
Feb.
Feb.
Apr.
Apr.
Mar.

15
13
9
8
25
28

2*$ May
8
May
9
4
May
7
1*$ May
7
34*4 May
7
14
May
9
32
May 17
36

2
2
May 28
10*4 May 24
30
May 17

Apr. 17
3*4 Jan.
3
Jan.
5
4
May
7
1*$ May
7
38
Feb.
5
14*4 Apr.
6
34
Mar. 5

16*4 Mar. 14
10
May 22

19*$ Jan.
17
Apr.

15
5

17*$ Apr. 26
18*$ Apr. 16

18*$
10*4

% May
May
2*$ May
*4 May
20
May
10*4 May
30
May

1*$

9*$

13*4
32

*4 May
May
X May
3
May
3*$ May
8
May
4

37

25

15*4

Vs

Sale.
Sale

30*$
2*$
*4

28

1

Sale

4

10

Sale
2*$
1*$
31*4
14*4
33*4

33*4
2

3

-}X

29%
12*$

*

Class A

*$ Sale
5*4
6
Vs
1*4
6% Sale
7*$ Sale
15*4 Sale

14*$

49

1 Vs

—

20*$ Feb.
20
Feb.

1
9

1*4 Jan.
20*$ Apr.
15
May
1*$ May
10
May

36

1*$ Apr.
X Apr.

20

36
49

Co—

Coupon stock (bearer)
*
Registered
*
800
British Amer Tobacco Ltd—

2,000

Amer dep rets ord bear__£l
Amer dep rets ord reg
£1

Celanese

a

Sale

Sale

May
May
May
May
8
May
3*4 May
9*$ May

4*$
4*4
*$
*$

% May 17

23 X Jan.
6
Feb.

19

May 21

18

May 20

5*4 May
1*4 May

Hotels—

Class B
:
4,400
7% preferred
3,350
Brillo Mfg Co common
1,900
British-American

7

23
Sale
5

21

45

*
25 Bridgeport Gas Light Co
38,900 Bridgeport Machine com—. _ _ *
Preferred
100
400
*
15,300 Brill Corp class A

17*4

18*4

18*$ Sale
18*$
20*4

17*4

Mayj22

15*$ May

6

18

13*$

Ltd—

10s

Am dep rets

ord reg
Col Pow class A

IX

IX

*

22,300 jBrown Co 6% preferred.-100
9,300 Brown Fence & Wire com—1
Class A preferred
— *
1,200

1

8,300 Brown Forman Distillery
$6 preferred
30

27" Sale"
4*$ Sale

Bruce (EL)

5

17
31

3*4
14

2*$

IX

._*

Brown Rubber Co common._1

Co
5
Buckeye Pipe Line
50
Buff Niag & East Pow pref_25
$5 1st preferred
*
7,900
40,100 Bunker Hill & Sullivan—2.50
2,300 Burma Corp Amer dep rets—
12*$c
4,700 Burry Biscuit Corp

,

4*$
23

Sale

115

*

Bowman Biltmore

54,200
2,100
8,050
42,500

Sale

25

122 *4
37 *$

Blue Ridge Corp common. _.l
$3 optional conv preferred.*
Blumenthal (S) & Co com
*
Bohack (H CI Co common...*
7 % 1st preferred
100
Borne Scrymser Co
25

125 British

Sale

3*$

18

7*4

*
Mach_*

Common
6,800
7% 1st preferred
1,750
2d preferred
6,730
52,100 Brazilian Tr Lt & Pr ord
69,300 Breeze Corp
492,400 Brewster Aeronautical

1,700

,

X

30

20

*

7,300! Bourjois Inc

Sale

7*$ Sale

*
210,400 Bliss (E W) & Co common—1

British

17

25

4*4
12*4

_____

2,100 Birdsboro Steel Fdy &
700 Blauner's common

2,100
1,900

x
3*$

23

5

Corp com
1
Bell Aircraft Corp common—1
Bellanca Aircraft common...l
Bell Telep Co of Canada
100
Bell Telep of Pa 6 X % pref .100
Benson & Hedges common
*
Convertible preferred—...
Berkey & Gay Furniture Co^-1

4,100 Bickford's Inc common
$2.50 conv preferred
2,050

380

ir

4

17*4

20

_

26,900
13,300
10,300
3,100
1,620
13,950

4*$

4*$
3*$

35

47

1

-8

20

20

$1.50 conv preferred

24,100
8,100

Sale"

2

"7Vs "7*4

Beech Aircraft

700
310

.

«

Sale

it

7*$
6*$
X
X
10*$
5%
14*4

30

Baldwin Rubber

119,200
227,900
66,100
2,213
1,075

Sale

29*4

Sale

Lowest

Sale Prices

18*4 May 21

Sale

25

21*4

Highest
Sale Prices

Locomotive—

7% preferred

300

17*$

3*$

90,400 Babcock & Wilcox Co

172,800
5,900
4,300
22,700
3,950
6,900
232,900

19

46

2,700 Ayrshire Patoka Collieries __1

Baldwin

13*4
4*$

12*$
3*$

„

Atlas

12,700

Ask

Ask Bid

19
18*4
6*4
5*4
1*4 Sale
3*$
3*4
17*$ Sale
*$
X
1*4
6
6*$
6*$

Atlas Drop Forge Co com

Lowest

Sale Prices

May 31

1

Bid

Par
50
1

(Continued)

11*$
Sale
Sale

28
22

13%
2%
IX

Sale"

X

18

20

2*4

1*4
20
5

Sale

40

20*4 Sale
100*$ 101
12*4
12*$
2*4
1*$
1*$
%
%

3*$
Sale
Sale

Sale
7

33*$

Sale

17

Sale

90*$
9*$
1

94*4
Sale
2*4

1

Sale

1*$
%

3*4
17*4
2*$
17*4
4*$

1*$
35

1*$

9

10

2*4
Sale

10

2*4 Sale

X

3,700 Cable Elec Products com—50c
Voting trust ctfs
50c
7,300

2%
IX

Sale

44*4

38

4X

4

10*$

Sale
3*4
15*4

X

15

May 21
1*$ May 15
10
May 31

1*4 May
35
May
1:
May
6
May
31
May
16
May
90*4 May
9
May
*$ May
*4 May

36

May

9

3*4 May
2
May 13

13

2*$ May
38

May
2*4 May
8
May
40
May
20*4 May
101
May
12*4 May
H May
May

1*$
%

% May 21
X May 23

3*$
13*$
1*$
21

11*4 May 22
1 *4 May 23
17
May 28

17 *4 May

13

1
17
1
14
1
1
2
7
21
4

15

% May 21
% May 13

13
29
21
15
31

1*4 May
35
May
1*$ May
6
May
28
Jan.
16
May
90*4 May
9
May
*$ May
*4 May
.

% Jan. 11
Ys May 23

1*$ Mar.

1

May
5*4 Feb.

27
9
7

18*4 Feb.

5

22

Feb.

1
2*$ May
38
May 17
4
4*$ Jan.
11*4 Jan. 26
43

Feb.

13

22*$

Jan.

4

Jan.

9

14*$ Jan
2% Jan.
1*4 Jan.

12
5

1*$ Apr.

3

108

1

5

Mar. 12

Cables & Wireless—

Am dep rects 5*$ % pref__£l
800
20
4,200 Calamba Sugar Estate Co
1
68,100 Callite Tungsten Corp

100 Camden Fire Ins Assn
100 Canada Cement Co Ltd.

_

__

5
_*

Canadian Car & Fdy pref. .25
132,900 Canadian Colonial Airways—1
*
2,200 Can Indus Alcohol class A
97^

_

B non-voting.,

*

Canadian Marconi Co

1

2,300 Capital City Products
26,500 Oarib Syndicate com

*
25c

71",600

900 Carman &

Co

conv

A stock-

"20*$

22*4
6*4 Sale
2*$
3*$
2*$
3*$

_.l
1
__*

10
500 Castle (A M) & Co
1
36,138 Catalin Corp or America
Celanase Corp of America—
7 % 1st partic preferred-. 100
14,925
15
7,000 Celluloid Corp common
1st preferred part
1,130
$7 dividend preferred
*
2,150
10,200 Cent Hudson Gas & Elec com.*
70 Cent Maine Pow 7% pref. 100
100
8,435 Cent N Y Pow 5 % pref

For footnotes

see page




53.

1

10*$
1*4
IX

24

13

Sale

9*$
1*$

13*4 Sale
7*4
7*$
10*4
11
20
Sale
2*4
2*
107

3*$
72
21

14*$

Sale

3*
Sale
Sale

14*$

21*$
7
39

27
Sale

39*$

Ys
Vis
108*$ 110
104*$ Sale
11*4 Sale
7*4
8.
9:*$
10
17*$
19
3
3*$
127

3*$
86

30*$
15*$

Sale

4*$

6*4 Sale
1*4
1*$
1*$
1*$
X
Ys
6 *4 Sale
*4
1
18

41
30

24
6

35

99'

Sale

86

90

6*$
5*$
6*4
15*$
2

105

2*$

89*4

71

32*4
15*$

21*4
13

Sale

8

Sale

*$ May 20
6*$ May 23
*4 May 21

98

2*4
Sale
13*$

95

102*$
8*$

Sale

92*4 Sale
6
7*$

1

May
3
May
83
May
21*4 May
14
May

May

9*$ May
1
May

18*4 May 28
19*$
4*4 May 29
7*4
May 15 39*$
*$ May
4
54#
97*4 May 27 109
86
May 22 104*$

Sale

79

May 13
10*4 May
8
1*4 May 10

27

107

110

9*4

May 14
5*$ May 22
1*4 May 21

5*$ May 21
5*4 May 24
6
May 15
17*$ May 10
1*4 May 28

7*$
7*$
19

107

"97*$ "§7 54

1

2*$ May
1
17*$ May 21

5

6

1

5*$
38*4
39
% Sale
100*$ Sale
92*4 Sale

15*$
3

Sale
2*$
2

1

24*4

1*$

5*$

9

5

2

12

17*4

Sale

1

_

7,600 Cent Ohio Steel Prod

15

9*$ Sale
1 *$ Sale
22*$

Class B
*
3,700
*
10,800 Carnation Co common.
80,600 Carnegie Metals Co common. 1
Carolina Pow & Light $7 pref.*
1,740
$6 preferred
*
1,230

82,800 Carrier Corp common
3,100 Carter (J W) Co common
6,600 Casco Products

3%
4X
17*$ Sale
1*4 Sale

1
2
6

May 24
May
May

May
May
May

24 127
17
3*$
14
87*$
31
31
23
15*4

X May 20
6*$ May 23
*4 May 21

May

98

May

3

May

May
May

98

91*$ May 21 102*$ May
6% May 21
8*4 May 10

Apr.
Mar.
Apr.
May
Apr.

22

Jan.

69*$ Jan.
20*4 Jam
14
Jan.
106*4 Jan.
91*$ May
6*$ May

25
29
15
21
3
3

11*4 Apr.
2*$ Jan.

16
22

1*4 Apr.
9*$ Jan.
1*$ Jan.

8
3
2

18*4 May 28 25
7*4
4*4 May 29
May 15 40*$
*$ Apr. 19
*$
97*4 May 27 109
86
May 22 104*$
5*$ May 21
5*4 May 24
6
May 15
17*$ MaY 10
1*4 May 24

May 13
May

3*4
18*4
2*4
17*$
5*$

27

May
May
6
May 10
May
3

11*4 May
7*-$
9*$
17*$
3*$

3*$ Apr. 18
11*4 May 22
1 *4 Feb.
2
17
May 28
5*$ Apr. 00
13
May 14
5*$ May 22
1*4 May 21

Feb.

9

May
Apr.
Jan.

11

1

May

8
7

May

1

15*$ Jan.
3
7% Apr. 29
12
Feb.
8
20
Jan.
2

3*4 Jan.
127

5*$
87*$
34*4
17*4
109

May

8
1

1
Feb.
9
May
Feb. 15
8
Feb.

Jan.

105*$ Apr.
10*$ Apr.

10

5
9

AGGREGATE

In

curb

Since

May

„

Jan. 2

exchange

Jan. 1

5,900
4,100
950

3,575
500

175

1,200
500

175
950

3,200
1,100
100

2,000

94,200
54,930
4,100
750
180
130

8,300
100
450

6,100
600

1,400
9,000
400

8,500
50

1,200
5,900
900

16,600
7,900
1,275
24,000

31,800
600

2,425

1,600
800

2,000

6,200
2,100
5,000
510

16,900

2,000

3,300
80

2,700
16,800
460
400

9,300
500

18,900
1,400
5,050
3,800
1,200
80

13,200
2,600

stocks

2.700

109

700 Cherry-Burrell

2,950
12,150
3,900
2,900
5,175

178,200
87,130
6,200
1,530
2,090
1,930
20,500
2,000

Corp

%
X

234
234
2%

Childs co

634

72

934
2334

100

*
*
*

b

$6 preferred bb

Clinchfield Coal com

sit

*
*

•

32,200 Cooper Bessemer Corp com—*
3,600
*
$3 prior preferred
20,300 Copper Range Co
10,300 Cornucopia Gold Mines—__5c

1
*

4,300'Corroon& Reynolds
$6 preferred a
61,300 Cosden Petroleum com
600

1

50

5% conv preferred
Am

dep rets for ord stk reg

300

400 Crowley Milner & Co com—_*
5
20,600 Crown Cent Petrol (Md)
*
6,900 Crown Cork Internat cl a

225

100
50

13,500
800
220

200

5,800
150

3,500
400
8,400
700

1,400
400
10

2,000

25c
17,700 Crown Drug common
850
7% conv preferred
25
100 Crystal Oil Ref Corp com
*
300
$6 preferred
--10
15,700 Cuban Atlantic Sugar Co__-_5
1,300 Cuban Tobacco common
850 Cuneo Press 6X% pref
700 Curtis Mfg Co (Mo)

8,900
1,450
15,050
2,150
60,600
3,500
7,900
2,050

10

1,100
1,100
9,300

3,400
1,900
13,700
3,500
8,600
8,700

500

1,000
2,700
20

200
500

"8,966
400

50

2,700
m

—

—

210

.

2
434
734

5
*
1

Davenport Hosiery
Dayton Rubber Mfg__;

--35
1

Class a conv
Decca Records common

534

OX
Sale

Sale

10

9334
60

OX
X
14X
4X

Sale

60

61

Sale
Sale

Sale

Sale

55

57

Sale

80

Sale

5X

104

100

90

OX Sale
OX
OX
16
14X
X* Sale

4%

6

Sale

5X
4X
12X

5X
5X
14

X

%s
4

4X

Sale
Sale
2X
3X
7

1

5

8

6X

7X

IX
434
OX

64

Sale
Sale

09 X

234
•ii

Sale

IX
42 X

IX
Sale

IX

Sale
4%
Sale
SOX
Sale
Sale

xt Sale
IX
Sale

IX
40 X

17 X

15

43

"r2x "334
8134

3X

3X

"fx "fx
5x
95

7h
9

9x

Sale
97*

734
10

Sale

X
IX
72

IX
9x

Sale
1
2

7334

Sale
Sale

Sale

5x Sale
IX
IX
2X
2X

54 Sale
354
4X
4x Sale
69

73

55

Sale

IX

%

18
1
15
15
14

May 15
454 May 15
7
U X May
95
May 28
21
59
May

May 21

6

54 May

29

May 21

13

454 May
49
May
454 May
45
May
75
May
85
May
4x May
6
May
12
May
54 May
4
May
May
May
May
2
May
4
May
654 May

4
1

x6 Sale
IX
IX

14

22

96

14

May
9
1
254 May 13
3 54 May
9
4
May 17
754 May 14

54 May 28
354 May 23
354 May 21
67
May 28

Xe
454

454 May
6
May
May
54 May
354 Mar.

12

6 54 May

11834
IX
28 X
3

3X

X
8x
9X

Sale

84

87

X
Sale
10

Sale
33
4X Sale
x
y
ix
ix
69
72
2
2X
12 X Sale
10X

54
554
7

654
24

54
Sale
854

7

354
54

4

1

154

55

54
65

154 Sale
7 54
8 54

x* May
1
154 May
6
May 28

»32 May 16
154 May
6
5054 May
9

May 21
54 May 29

154 May 21
May
154 May
354 May
84
May
y6 May
4
May
7
May

22

654 May
May
354 May
54 May
1
May
55
May
154 May
654 May

22
22
21
16
29
29
23
21

75

22
15
27
2
24
15

534

ig

Sale
Sale

25

Sale

1

4x
X

2

3X

8

IX

2X

IX

7x

20X
X

4X
17 X
19
28 X

7x
4X

50 De Vilbiss Co common

Sale

15 X

11

Sale

29X
Sale
Sale

28 X

Sale

23

24

OX
4X

Sale

Sale
3
354
54
54
1854
22

50

Sale
17
Sale
IX

10

12X

1

IX

8

4h

7,200 Dominion Steel & Coal b...25

11

17 X

17X

IX
IX
20

^

10

28X

£1

Am dep rets ord reg
200
35,500 Divco-Twin Truck Co com
Dobeckmun Co common
1.900
50 Dominion Bridge Co

10X

2634

*
5

IX
45

13
Sale

23

38

o

22

4X
X
105

IX

Sale

10

7% preferred
100
525 Diamond Shoe Corp com
1,900 Distilled Liquors Corp
Distillers Co Ltd—

i

Sale

3

14

Co.-.-l

com_.l
1
_.l
_10

X

54
354

4

Detroit Gasket & Mfg

Detroit Paper Products. —
Detroit Steel Products new

21

19

96

1034
10X
IX
IX

1854

Sale

Sale

3X

preferred—

20

1

18 X

434
Sale

20X

6% preferred w w
Detroit Gray Iron Fdry
Detroit Mich Stove Co

1554 Sale
354 Sale
%
54
554
2
254
254
454
454

11
8
6
654
Sale
154
154
2X
10754 111
110X 112
4
854
6
9

50
100
*
*

IX

X

■

OX
9x
IX

X

40

IX
2234

IX

Sale

3X

Sale
Sale
2
Sale
Sale

May

9

Sale

IX
IX
Sale

2854
1054
2554
2X

29X
IX

24 X

UX

13
Sale
OX
25 X
27
9
934

Sale

5

'llX ~12X

IX

10

5X% preferred

For footnotes see page




53.

100
*

1 54

3654
8

1554
154

90

1 54
40
954
17 X

154

1

1

h
1354

1

"lo"

14

May 25
134 Jan.
2
May 27

111

19

354 May
8
May 13
154 May 13
554 May 13
96
May
1
% May
2
8X May
6
954 May
8
1154 May
3
May 16

25

May
3
54 May
9
154 May 14
6554 May 14
2
May
3
5 54

1

77"

May 21
May 22
154 May 22
3 54 May 15
84
May 27
34 Jan.
4
4
May 24
7
May 15
1 54

75

654 May 22
May 22
21
54 May 16
1
May 29
55
May 29
134 Jan. 27
654 May 21

23

3 54 May

Feb.

May 21

54 May
154 May
4
May

May 27

754 May

5

May

154 May
2254 May

% May
1834 May
54 May
6
May
554 May
154 May
108
May
654 May

3 34 May

2

3

1054 May 10
May

7

11034 May 13
654 May
4

28
22
22
29

454 May
1854 May
15 54 May
29
May
654 May
454 May
54 May
24
May
93
May 22
154 May
7
3754 May 29

754 May 15
15
54 May 15
154 May 18
X May 14
1254 May 28
2654 May 14

1054 May 13
1754 May 10
154 May
1
154 May 13
154 May
6
2054 May
2
2654 May 14

254 May
May
854 May
21
May
454 May
354 May
54s May
1754 May
93
May
154 May
3754 May

28
10

22
17
28
28
22

15 54 May

% May
Jan.
34 May
6
May
5 54 May
154 May
108
May
654 Jan.
18

2454 May
7
154 May 13

15

454

954 May
6
May

2554 May
954 May

2

5

554 May 21
4
May 15
2554 May
2
434 May 21

"5954

04 X May 24

71

6

654
554

5X

23

6754

6

45

70

72

5654

May

6

Feb. 19
Feb. 28
Apr. 16
May
9
Feb.

6

854 Jan.

24

26
18

17

54 Jan.
154 Mar.
50 54 May

26

9
10
25
10
16

Feb.

18

3 54
9754
154
654

Jan. 24
Feb. 15
4
Jan.
9
Apr.

98

Jan.

8

54 Jan.

4

8 54 May

19

1154 May

3
15
23
19

30

554
X
154
7754
254
1354

16
8
9

3
Jan.
3
May
4
Jan.
2
Apr.
4
Apr.
1
4
May
854 Feb. 15

154 Feb. 15
2254 May 23

34 May 18
854 Feb.
5
254 Jan.

3

Feb.
Feb.

28

11 112

19

Feb.

15

17
28
22
22

8454 Feb.
6
154 May 22
3754 May 29

May 15
May 15
May 15
23

54 Mar. 13

9

Feb.

14

8

2

Jan.

3

2
1154 Apr.
17 54 May 10
2
154 Jan.
234 Mar. 28
154 Apr. 10
28

4

3

3754 May 29

22

554 May 21
4
May 15
2554 May
2
4 54 May 21
5 54 Mar.
6
67
Mar. 29
6454 May 24

Jan.

Apr.
9
154 Feb. 23
2754 Feb. 23
98
Apr.
6
5

16 xlO

2054 May 20
154 Apr. 18

26

454 Jan.

26 54 Jan.

8

23

1954 Jan.
5
32
Feb. 16

1254 May 28

Mar.

15

21

22

Apr.

Apr.
Feb.
Feb.
Feb.
Feb.
Apr.
Apr.

754
2454
6 34
54
154

234 May 28
5

Feb.

6

1054 Jan.

10 34 Apr.

854 May
21
May
4 34 May
3 54 May
xt May

754
1534
54
134

15

Feb.
2
154 Apr. 29
3 54 Feb.
6
8354 Apr.
4
120
Feb.
2
2 54 May
6
3954 Jan.
5
45

24

17 34 Jan.

14

3
7
9

3854 Apr. 25
54 Apr.
5

7

13

1154
934

4854
754
254
3 54

9

Feb.

3

*10

2054 May 20
154 May 14

14

34 Jan.
4
154 May 15
1 54 Jan. 25
554 May 27

54 May .18
6
May 17
2

6

14 54 May 24

2454 May

May 15
May 15

i054

"154 "254

55
76

Mar. 18

54 May 21
154 May 15

100 Dominion Tar & Chemical j.

560 Draper Corp

1154 May 28

67 54 May 28

97

May 24
May 14

18

19

454

80

1454
354
%
154
254
554

4

May 21
54 May 29

7

Sale

22

23

54s jan.

7
7

1254 May

Feb. 28

Mar.

8

154 Jan.
3
May 28

3654 May
% May
15

y

Apr. 22
1654 Jan. 11

22

31

7

OX
22 X

14
20

55

1

23

26

21

7054 Feb. 21
254 Jan.
4

1

May

2

254

Sale

5x
96

14

May 29
154 May 23

69 54 May

Sale

254
95
154
354

2
May 20
654 May 15
62
May 20
68

14

354 May 21
May 28

3 54 May

Sale

254
8054
154
354

97
100
IX
IX

654 May

30

254 Jan.
454 Jan.
754 May
88
May

May 29
154 May 23

88

154 May
54 May 21
254 May
1x May 15
6754 May 28 8254 May
111
May 25 11854 May
110
113
Sale
154 May 22
254 May
Sale
154
154
May
19
May 27 28
18
1854
29X
1

7

Apr.
6
2954 Mar. 26

4

21

54 May 28

154 May
6
454 May 10
754 May 10

44

154

4
4

Mar.

10

21

67

1154 May 28

6954

10

Apr.
Apr.

^

16

1254

six Sale

Jan.

28 117
83
21

May 22
4
May 15
1
May 22
2
May 23
4
May 17
654 May 21

43

May

25

Sale
2X

13

Mar. 19
May 22 110
May 21 11554 Mar. 19

85

45

IX
2X

May
4
734 Mar. 28

15
5

30

6

15

22
15
22
23
17
21

4 54 May
45
May

75

14

14

4 54

15

May 14

49

May
1
May
6
May
1
May 14
May
3
May
1
May 13

20
22

Jan.

4

654 May

68

21 10154
21
654

28X
30X
X Sale
Sale

May
4 54 May
1154 Mar.
95
May
59
May
6
May
54 Jan.
13
May

2
May 20
654 May 15
62
May 20

14
14

31

34X

May 15
3

454 May
654 May
13
May
117
May
7954 May
954 May
54 May 29
28
May
9

6

Jan.
Jan.
Jan.
Jan.
2 54 Jan.
2 54 Jan.
54
54
854
254

% May 18
x Jan.
2
3
May 15
% May 15
54 May 14

May
May
May
May
2
May
154 May

55

IX

9554 May 28 11554 May

6

54
5i6
654
154

%, May 15
3

37X

27

5

36

May
y8 May
3
May
%j May
54 May

15X

Xs

Sale

Sale Prices

38 X
X

37 X

34'i

Highest
Sale Prices

30

OX
2X
3X

42

5

conv

5

117
78
79X
8X
9X
Xe
Xe
27 x Sale

80

100
—5

Daroy Petrol Corp..

a

4
5X
1234
97
02X
7X
■
X
15 X

54

116

Sale

234

Dejay Stores Inc common
Dennison Mfg Co class a
$6 prior preferred
8% debenture stock
140
9,400 Derby Oil & Ref com

10

IX
434
6x

_.

5
95,400 .Creole Petroleum com
27,600 Crocker Wheeler Elec Mfg—*
1
26,200 Croft (The) Brewing Co

7,200

4X
OX
12X

Lowest
Sale Prices

£1

40,400
10,200
8,800

2,400

254
4X

2X

83

9,600 Cons Retail Stores Inc com—1
170
8% preferred
-.100
10
5,500 Consol Royalty Oil
37,900 Consol Steel Corp common...*
2,010 Cont'l g & e 7% pr pref.__100
1
3,700 Continental Oil of Mexico
21,400 Cone Roll & Steel Fdy com...*
3,700 Cook Paint & Varnish co— *

8,200,

10

Sale
117 x
100 117
IX Sale
1
3634
3734
-5

Consol Min & Smelt Ltd

Y*

ix
IX
IX

3

IX

xs

3%

7X

Sale

3%

50
$3 preferred
*
7,800 Conn Telep & Elec Corp
1
Consolidated Biscuit Co
1
Con Gas e l & p Bait com—*

434 % series b pref

2

X

5X

Sale
Sale
2H

5%

Columbia Gas & Elec Corp—
5,100
5% preferred
100
1
82,300 Columbia Oil & Gas com
Commonwealth & Sou Corp—
Warrants
101,300
5,200 Commonwealths Distribut—
12,325 Community p & l $6 1st pf- _
Community Public Service—
Common
25
12,450
3,800 Community Water Serv
1
Compo Shoe Machinery—
v tcext to 1946--1
6,100
Conn Gas & Coke Security—

Consol Gas Util com

X
Sale
7X
Sale

4

2

43 X

14,600 Colon Development Co Ltd. Is
3,900
6% convertible preferred £1
28,900 Colorado Fuel & Iron warr — _
17,130 Colt's Patent Fire Arms Mfg 25

5,200
23,700
1,330
45,600
8,150

IX

Highest
Sale Prices

9554 May 28 11554 May

5X

3

Club Aluminum Utensil com
200 Cockshutt Plow Co Ltd
3,300 Cohn & Rosenberger com

X
X

Ask

Sale

99

53 X
96

60
89

9334 Sale
5X Sale

*
*
100

Cleveland Tractor com

Sale8

A

54

84

Cities Serv Pr & Lt $6

Cleveland Elec Ilium com

Sale
10

4% Sale
57 X
58

10

$6 preferred

~ Sale"

110

pref...*
$7 preferred
*
City Auto Stamping Co
-*
City & Suburban Homes
10
650 Clark Controller Co
1
28,500 Claude Neon Lights com,. — 1
1,800 Clayton & Lambert Mfg Co..*

7,600
53,500
3,300
14,800

434
7 34

com.—5

preferred

60c preferred

3 34
3 34
3

4

Chesebrough Mfg
--25
Chicago Flexible Shaft co—5
Chicago Rivet & Machine
4
Chief Consol Mining Co
-1

Cities Service common

Ask Bid

112X 113

X
Sale

Lowest

May 31

1

Bid

6

-5
10

Strip Co
1,850 Charis Corp common

Ask
110

Bid

Par

0Continued)

2,780 Cent Pow & Light 7% pref.100
Central & Southwest UtilitiesCommon
50c
34,900
31,400 Central States Elec common..1
1,950
7% preferred
100
5,950
6% preferred
100
Conv preferred
1,350
100
650
Conv pref opt ser 1929--100
Chamberlin Metal Weather

Courtaulds Ltd

4,900

May

1940

Shares

1

Price

new york

755

RANGE SINCE JAN.

PRICES IN MAY

SALES

Shares

43

lOKK CURB EXCHANGE

NEW

June, 1940]

28

Jan.

2

Apr. 22
Apr.

16

Jan.

15

154 Apr. 25
1334
9 54
754
25 34
1234
554
67
78

9
Jan.
Apr. 25
5
Apr.
2
May
3
Jan.
Mar. 6
Mar. 29
Jan. 11

44

YORK

NEW

EXCHANGE

CURB

AGGREGATE
SALES

YORK

Since

May

Shares

Jan. 2

Jan. 1

Shares

1,925
900

8,300
3,700

-

30,400
7,200
4,670
5,125
50

1,800
1,550
2,375
4,400
100

289,500
18,500
8,200
2,700
2,700
1,100
2,100
175

4,200
~

2,475
1,650
720
230
275
800

23,100
2,750
8,700
50

25,400
260.700

2,300
2,550

10,800
3,100

1940

STOCKS (Continued)

2,304 Driver Harris Co
40
7% preferred-

400

Y, 500

22,600
2,875
5,200
17,800
13,400

9,875
13,150
16,300
1,609
742,500
66,600
21,000
6,000
6,200
2,200
7,742
1,775
4,200

10

29

100
1

cl B

100

*
1
*

com

Duro-Test Corp common
Duval Texas

Sulphur

-10
*

100
100

_

*
*

$6 preferred

$5 preferred.,

75

%
2%
6%

1%
Sale
1
2%
7

12

Sale

3%
19%

Sale
Sale

44

Sale

"vy ri*
18
Sale
17 X

Sale

17 X

7%
67 X

18 X
Sale
Sale

59

Sale

"3" Sale"
1

Electrol Inc

1

t c common

Elgin National Watch Co —15
com—4

2,650

11,400
23,800
1,300

8

1
Fairchild Engine & Airplane. -1
Falstaff Brewing
-.1
Fanny Farmer Candy com—1
Fansteel Metallurgical Corp..*
Fedders Mfg Co common
5
Fed Compress & W'house—25
Fiat Amer dep rets.
Fidelio Brewery
1
lire Assoc of Phila..
10
Florida Power & Lt $7 pref..*
Ford Motor of Canada cl A..*
Class B voting
*
Fairchild Aviation com.

_.

_

..

.

31

May

1% May 22
64
May 21
% May
6
% May 21
5% May 21

2

May

8X
2

Sale

6% May 24
1% May 15
12% May 22
26
May 21
8% May 14
% May 25
13
May 21
14
May 21
2% May 16
13% May 21
3% May 22
51
May 22
42
May 21
7% May 21
% May 18
10% May 21
X May 16

2h
Sale

41

Sale

6

8%
%

14

17

14

16

16%
6% Sale
69% Sale
61 % Sale
16
18%
1%
1%

10

13

X
21%

25
4

29%

1

76" "85""

79

63%

70

65%

85 X
Sale

64

70 X
64
70

67

Sale

60
61

26%
10 X

%
4%

23%
12

6%

23 X
12%
6X

%
96X

%
08%
Sale

17

Sale

67 X

17%

17X

2%

Sale
IX

May 28
3% May 21

Sale

66
Sale

65
63

65%

60%

63

26

24

25

%
24%
4%
28

103*
Sale
Sale
Sale

11%

Sale
Sale

9%
26%

10

14

27 X
Sale

6

6%

7%
%

9%
%
Sale

20

Sale

3

"

9%
5%
6%
19

9%
6%

27

Sale
Sale
7
19%
9%
Sale
y

58
May 28
62% May 23
57% May 25
57
May 25
24% May 22
9% May 13
% May 21
19% May 28
2% May 28
25% May 17

7%
4%
6%
17%
8%
5%
33

34

25

36

11

'

20

29

33

"9" ~Io%

21

63

25

6

"7X "~7%

%

63%
60%

10

Highest
Sale Prices

20% May 27

2%
2%
14
12%
4% Sale
59% Sale
50
51%
11%
9%
1
1%

28'

Lowest
Sale Prices

1%
72
3
Sale
6

23%

16

Sale
52%
9%
Sale
Sale
Sale
Sale

Highest
Sale Prices

2

79% May
% May
1% May
8
May

11% May 10
2% May
7
23% M ay
1
54
May
6
8% May 14
1% May
1
27% May
1
27
May
3
4% May
1

May 22
May 28
May 22
May 22
May 21
May 17
May 11

14

May 15
6% May
1

70% May
61 % May
18% May
2% May
13% May
% May
25
May
5% May
68

9
1

10
10
13
7

15
13

May 17

69% May
66
May
67
May
25
May
10
May
%« May
25
May
4% May
25% May

15
9
15
10
3

2
8
1

17

12% May 10
6% May *6
10
May
3
26% May
2
15% May 10
8% May'
7
33
May 11

12%
Sale
Sale

68

109%
13%

%6 Sale
51%
55

Sale

93

13%

Sale

8%

Sale

9

Sale

14%

20% May 27 32%
107% Mar. 23 110
1 % Jan. 31
2%
64
Mar. 21
79%
1 %
% Mar. 26
% May 21
2%
8
5% May 21

1 %

Sale

%6
51%
84%
8%
9

10

% May
68% May
29
21 111% May
13% May
28
21
14% May

May 23
May
May
May
May

6% May
1 % May
12% May
26
May
8% May
% Mar.
13
May
14
May
2 % May
13 % May
3% May
51
May
42
May
7% May
% May
10% May
% May
21
May
3 % May

24
15
22
21
14
5
21
21
16
21
22
22
21
21
18
21
16
28
21

77

Sale
3X

Sale

Sale

1,430

n

24

11

270

10%
2%
23%
51%
8%
IX
27%
26%
4%
15X

IX
68 X
%
1%
5%

15

22X

30,600

Sale

1%
7%

13

1
50

11,600

78

Ask

118

106

Emerson Elec Mfg Co

28,200 Esquire Inc
1,250 Eureka Pipe Line..

70

120
Sale

13 X
Sale

X
IX

23 X

7.900
61,800
6,900

2

12

28 X
Sale
Sale
Sale
Sale
24

58,800
518,000
9,100

30

Lowest
Sale Prices

May 31

1

% Ask Bid
31
17%

3%

Sale

4

A..*

Option warrants
Electrographic Corp com
v

31

Bid

110

IH

.25

$7 preferred series A
*
$6 preferred series B
*
Easy Washing Mach class B. *
Economy Groc Stores com—*
Electric Bond & Share
—5

Electric Power & Lt 2d pf

May
Ask

100 Empire Dist Elec 6 %pref.. 100
4,300 Empire Gas & Fuel 7% pf_100
8% preferred
100
2,600
1,820
6% preferred
100
6 % % preferred
400
100
1,275 Empire Pow Corp part stk — *
4.200 Emeco Derrick & Equip Co—5
79,700 Equity Corp common
10c
$3 conv preferred
1
9,275

200

625

Bid

common

60,400 Eagle Picher Lead Co
21,400 Eastern Gas & Fuel Assoc
6% preferred
30,570
4%% prior preferred
21,375
650 Eastern Malleable Iron Co.
15,800 Eastern States Corp com

10

8,700

Par

Dubilier Condenser Corp
Duke Power Co
Durham Hosiery

1

Price

CURB EXCHANGE

In

"

RANGE SINCE JAN.

PRICES IN MAY
NEW

Feb.

24

58

May 28
23
25

62% May
57% May
57
May
24 % May
8% Mar.
% May

Apr. 24
Apr.
1
Apr. 23
3
May
9
Jan.
8
Jan.
6
May

12% Jan.
4

Mar.

24%
55%
10%
1%

3
9

64%

Mar. 9
Mar. 12
Apr.
9
Apr. 18
Apr. 29
Apr. 30
Apr. 23
Jan. 25
"
5
Jan.
4
Apr.
6
Apr.

20

Jan.

4

3% Jan.

3
30

28
28

4%
17%
8%
73

14

Jan.

5
1% Jan.
2
29% Apr.
5% May 13

79

Feb.

24

71% Mar. 21
72

Mar. 20

Mar. 20

70

25

70

Mar. 20

22

26

Jan.

13

20

11

Jan.

8

21
19% May 28
2% May 28
23% Jan.
8

% Feb. 27
25% Mar. 4
5% Apr.
6
31
Apr.
4

7% May
4% May
6 % May
17% May
8 % May
5 % May
33
May
9% Jan.
May
51 % May
84% May
8 % May
9
May

12% May 10
6% May
6
6.
10% Apr.
28
Apr.
9
15% Mar. 28
8% May
7
36% Mar. 9
Feb.

12

29

Apr.

15

Feb.

70

29

Mar. 26

113

17% Jan.
17
Apr.

2

3% Feb.
1% Jan.
17% May

2
9

3

Ford Motor Co Ltd—

12,000
650

2,700
2,100
9,900

""175
125

Amer dep rets
Ord reg £1
400 Ford of France Am dep rets —

32,300

5
1,600 Fox (Peter) Brewing Co
Froedtert Grain & Malting—
Common
1
6,700
Partic conv preferred
15
8,700
1
53,700 Fruehauf Trailer Co
425 Fuller (Geo A) Co com
1
$3 conv stock
*
725
525
4% conv preferred
100
*
*

190 Gamewell Co $6 conv pref
Gatineau Power Co com

30

""150
2.000
1,100
3,700

"1,606
775
200
40
300
500

2,500
290

General Elec Co of Great Brit
American dep receipts
£1
2,600
*
16,300 General Fireproofing com
*
140 General G & E $6 pref B
1
8,900 Gen Investment Co com
$6 preferred
1,425
Wftrr&flts
6,000
900 Gen Outdoor Adv 6% pref. 100
*
2,100 General Pub Serv $6 pref
*
1,500 General Rayon A stock
1
9,600 General Shareholdings
> conv preferred
*
1,720
—

.

800 Gen Water Gas & Elec com—1

.

370

50 Gladding McBean

1,600
120
200

725

2,200
1,400
2,500

15%

15

8%
16%
21%

14% May 21

17% May

9

12% Jan.

9%
18
Sale

8% May 24
16% May 28
19% May 23

10% May
20
May
27% May

3
1
7

*

"

19%

12

15

12

May 22

16

38

28

33

30

May 21

34% May 17

81%

89%

86°

May

86

85% Feb.

10%

11%
Sale

20

26%
12%

27

13%

86
10

15%

"ix "ix

87%
9%
12%
65%
71%
1% Sale

10

13

13%
14%

14
15%

10

39

48

35

45

20

45

63

60

%«

%
65
164

Sale
IX
1%
76

Sale

1

74

88

1%
Sale

May

3

May 22

1% May

13% May
14% May

2

12

87

Jan.

25

78

Jan.

27

1% Jan.

3

6

May 20
May 18
Feb. 19

3

'32

J«4

63%

68

27

33

%
%

%
%

9
25

%
60

60

52

15

Apr.
4
% May 22

17

May 20
May 18

40

50

1

3

1

%

Sale

42%
%

85

38%
%
IX
74 X

16

11

%
4

14%
14%

%« Sale

May

69

14%
13%

8X

97%

%8 May 21
50
May 21
J84 May
1
65
May 23
25% May 22
% May 15
% May 21
57
May 29

%s May
3
63
May
9
»«4 May
1
84
May 14
42% May
1
% May 14
1

May
May

74

10
1

9

~98%

105% 107
10%
10%
40
40%
98% Sale
88% —
7
7%
44
47%
5
5%
5%
6%

102% 100

96

Sale

8

90

8

35

32

Sale

30%

88

May
May
May
May

28 105% May 13
8
31
May 31
21
40% May
8
28
98% May
1

—

5%

6X
45

40

4%

7%
24
9

5

27

98

27
9

105

105

%
.....

X
.....

*

23

1%
15%
25%
5%
9

17
26%
7
Sale

132
Sale

com—*

8%

44%
9

25c

2X

2%

4%
39

n**

21

Sale

Jan.

17

6

99

95

XA

%

%

1%

11

13

5% May
20
May
5
May
93
May
%t May

22
9%
28
21
8
17
23 105

May
6
May 10
May 15
May
1

16

%« May

16

1% May 13
12
May 24

1% May

13

M ay

8
10

16

19
20
28
19% May 28
28%
7%
7%
4%
5%
4% May 27
6%
9
8%
4% May 23
5%
6
8%
121% 123% 123% May 23 130
128% 129
88
88
Sale
113% Sale
May 24 113%
35
40%
37
49% Sale
May 29 49%
6% May 22
7%
8%
9% Sale

27

May
May
May

13
4

May 14
May
May
May

1

2% May

1

1
1

2

15
Mar.
8
Feb.

50
•64

65

May 23

25 % May 22
% May 15

% May 21
57

.

100
8

32
88

87%
4%
40%
4 %

6%

24%

5%

%
27%
1%

7% May 10
May 15
4% May 14

49

6
Sale

6

11

4% May 25
May 21
4% May 14

46

4%

3

Sale

4%
45

3

Sale

Sale
Sale

44

Greenfield Tap & Die

9

35

.1
—

9

Sale

*

*

8

41

*

50

27

17

Great Northern Parner Co—25

6,300

2%
Sale

1 % May
1
Mar.

Sale

131
110

1,500

1

26

$3 preferred
*
1,550
7,100 Gorham Mfg Co common —10
Grand Rapids Varnish Corp.. 1
Gray Manufacturing Co
10
Gt Atl & Pac Tea 1st pref. .100
Non-voting common stock.*

3,825
2,300
5,100

May

19

27%

*

&Co

500 Gorham Inc class A com..

4,000
11,300
1,675
8,935
10,250
15,500

600

—

184,500 Glen Alden Coal Co...
3,150 Godchaux Sugars class A
Class B
5,400
$7 preferred
420
6,400 Goldrield Consol Mines
25 Goodman Mfg Co

"""200

..

*

400 Gilchrist Co

71,700
1,300

-*
*
*
*

Preferred

140

3

8% May 24 xll% Apr. 12
16% May 28 20% Apr. 11
19 % May 23
32% Jan. 26
10
12
Jan.
13% Apr. 23
12
May 22
27% Feb. 14
2
41
Jan.
30
May 21

100

$3 preferred
1,225
3,575 Georgia Power $6 pref..
70
$5 preferred
4,800 Gilbert (A C) Co com

100

1 % May 27

Rubber—

6% preferred A

740

100

"MOO

Tire &

Sale

10%
17%
Sale
19%

10X
17%

.

380
225

%
16

—

General

325

100
*

5% preferred
5,600 General Alloys Co

1

3

May 29
May
May
May
May
Jan.
May
Jan.
Jan.
Apr.

15% Mar. 7
Apr.
8
Apr. 29
Apr.
6
Apr. 17

if*
65*'

lJt Mar. 11

Apr.

1

Apr.

12
6

1% Jan.

3

81

Apr.

8

Feb.

24

Apr.

21

Mar.

4

20
26

3
8

41

101% Feb.
91

Jan.

17

Feb.

18

1% Apr.

8

May 24
19% May 28

12

9
5

13

Mar. 12

4
7% Apr.
May 15
5% Apr. 22
6% Apr.
8

49

9%
5% May 22
20
May 21
32%
5
May 17
11%
93
May 23 105

25^

Mar.

28 105%
31
10%
28

8

90
48

25*'

May
Apr.

6

19

18
Apr. 26
Apr.
Jan.

8

Feb.

28

Apr.
8
Apr. 27
9
28% Apr.
8
Apr. 24
11% Jan. 19

4 % May 27
4% May 23
Jan.
123% May 23 135
88
May 24 114% Apr.
37
May 29 49% Apr.
10% Apr.
6% May 22

30

26
30

15

Grocery Stores Prod—

400

29,700
490
130

Common

Grumman Aircraft Engineering
Corp common
1
211,700
1,800 Guardian Investors common. 1
25
88,200 Gulf Oil Corp
*
2,420 Gulf States Util $6 pref
$5.50 preferred
600
*
Gypsum Lime & Alabastine..*

2,700

5
35,900 Hall (C M) Lamp Co
Hamilton Bridge Co com
*
10,400 Hammermill Paper Co com.. 10
25
375 Hartford Electric Light
1
14,000 Hartford Rayon com v t c

4", 000

600 Hartman Tobacco com.
10,000 Harvard Brewing Co

3,600

4",000
100

1,000

6,700 Hat Corp of Am cl B com

Haverty Furniture Cos—
Conv preferred

For footnotes

see

page




53.

*

1

]
*

16

38%
112%
109

2%

Sale

1%

Sale*
Sale
112

5

5%

5%

70

1

1%
Sale

1 % May

14% Jan.
% May
%
%
27
Sale
38% Sale
25% May
112
107% May
112% 114% 106
108
110
101% 104
103% May
1
3
4%
3%

11%

Sale

8%

37%
IX
X
IX
6X

1% May 23

Sale

2%

67

1%

38%

22

67
1

69

54

1%
7%
20

1%

Sale^
8%
30

Sale
25

%
1%
4%

17%

59%
1%
%6
1%
6%

30

7

% May
10
28
39% May
24 114% May
29 110
May

10
3

10
3

23
23

%
39%
107 % May 24 114%
103% May 29 111%

2

5% Feb.

8

40% May
3
66
May 15
1% May
3

1% May 21
4% May 22

1% May
9
7% May 10

20% May
62
May
% May
% Jan.
1% Jan.
4 % May

21
18
13
9
3
22

11% May

25

%p Mar. 12
25% May 28

20% May 21
62
May 18
% May 13

May 22

2% Jan.

14

12

16
Jan. 12
4
Jan.
4
Mar.
Apr.

Feb.

1

Apr.

9

40 %

May
3
70% Apr.
3
1% Jan. 10
% Feb. 28
2

Mar. 28

8% Apr.

5

YORK

NEW

June, 1940]

CURB

45

EXCHANGE

AGGREGATE
SALES

RANGE SINCE JAN.

PRICES IN MA Y
new york

Jan. 2

1940

Shares

1

Price

curb exchange

Since
Jan. 1

stocks (Continued)

Par

May
Ask

28%
2%
16%
6%

Bid

29%

Bid

27

1

4,300 HazeltineCorp
*
7,000,Hearn Dept Stores common._5
6,300
6% conv preferred
50
99,500] Hecla Mining Co
-25c
8,500 Helena Rubenstein Inc_
*
5,000
Class a
*
2,100 Heller (w e) & Co common. .2
870
7% preferred w w
25
1,050
7 % pref ex-warrants — - -25
3,100 Hewitt Rubber Corp com — .5
11,725 Heyden Chemical co
-10
4,600 Hires (Chas e) Co cap stock--!
6,300 Hoe (r) & Co class a
10

~"8%

15,100( Hollinger Consol g m
5
3,800;Holophane Co Inc common._

11%
12%

13%

12
10%
88% Sale
20
19%
8%
9%
9% Sale
13
13%

13%

16

29

31%

34

36%

Sale

2%
2%
20
18%
6% Sale
12
11%
ll3/
10%

18%
6%
5%
8%
8%

4%
8%

8%

8

9

26

27%
27%

26

"12% Sale"
68

69%

12%

1%
13

Ask
Sale

Highest

Lowest

Sale Prices

Sale Prices

1% May 22
May 22

2

15%

11

4% Sale
7

8

63

65

13

16%
6%

6%

9%

4

10

7% Sale
9
7%
27
21%
27
21%
8%
9%

6

Hughest

Lowest

Sale Prices
16
May 21

May 31

Ask Bid
Sale
18

7

May 23
May 14
May 28

27%
3%
20%
6%
11%

May
May
May
May
May

11

May

16

May 21

1% May 22
May 22
4
May 23

11

_

7% May 21
23% May 21
25% May 8
8
May 20
60
May 22
13% May 21
6% May 16
5% May 29
9% May 23

8% May 14
27
May
7
27
May
7
12
May
3
92
May
9
20
May
2
9
May 11
9% May
1
13
May 10

32% May 14
3
May 14

32

4% Jan.
7
May
7% May
23% May
25% May
8
May
60
May
13% May
6% May
5% May
9% May

23
28

21
21
8
20
22
21
16
29
23

Sale Prices
29
Jan. 17

3% May
3
21% Feb. 21
7% Jan. 11
14
Apr.
3
12% Apr. 16
11

Mar.

5

27% Jan.
27

20

Mar.

4

13
Apr.
8
May
9
22% Apr. 11
10
Apr. 16

92

10%

12

Jan.

14

Jan.

20
22

14% Feb.

Sale

14% Feb.

9

29% Jan.

36% Apr. 22
5
3% Apr

Holt (h) & Co class a part—

25] Horder's Inc
650,Hormel (Geo a) & Co com—
2,700 Horn (a c) Co common—

3%

3

1%

117

10,Horn & Hardart Baking Co—
6,600 Horn & Hardart common
*
5% preferred
—100
2,300 Hubbell (Harvey) Inc.
5
69,400 .Humble Oil & Refining74,400 Hummel-Ross flore Corp—-5
1Hussman-Ligonier Co
*
2,200 $Hujler's of Del common
1
4,600
7% preferred stamped—100
650
7% pref unstamped
100
400 Hydro-Elec Secur common—*
15,300 Hygrade Food Prod
—-5
10,350 HygradeSylvania Corp
*

2%
28%

*

3%

50

23%
5%

Div arrear ctfs
84,000
4,950 Illinois Zinc Co
125 Illuminating Shares Co a

18

5% Sale
12'

11

7*

7%

7

8%

2

8%
8

3

5

Sale

1,500
2,000
3,400
2,750
18.850
6,100
15,500

60

—

10

Insur Co ot North Amer

Internat Cigar Machinery

*

Int Hydro-Elec $3.50 pref—50
*'a" stock pur warrants

Sale
Sale

8

111"32
1

\H

1
1%
%
1
14%
15
72% Sale
21 % 23
11% Sale

9%
71%

71

21%
14

.

Sale
Sale

2

m

Sale

1,000
1,800
3,000

8,500 Internat Safety Razor cl b._
7,500 Internat Util class a.
Class b
18,400
si.75 preferred
2,150
s3.50 prior preferred
2,000

*

*

17%
4%

K

8h
Sale

14%
14%
5%

18%
5%

A

21,100 Internat Products common...*

5

Sale

18

%
7%
M.

Sale
Sale
Sale

14

34

27%
14

50%
5%

3%

13

14$

32%

30

33

May 14
May 10

3

26

16
Sale
Sale

%

4»

110%
13%
47%
5%

May
May
May
May
May

110

2

31

Sale

3

Sale

26
24%
5% Sale
4%
6
53

6%
6%

lH
6
12

12%

%
%
%
9%
57%

% May 17
May 10

% May 17
4% May 27

8

1% May 15
28% May 23

45

2%
21 %
4%
4%

5%
33%
9%
6%

May
May
May
May

21
21
21
29

Sale

7%
8 ;
12%
7

14%
14%

1
9

May
6
May
6
May
6
May 11

5% May
5% May
7% May

112% May

7

19% Apr.
68
Jan.

4

9% May

7

6 % May
10
May

7% May

11

May 24
>4 May 21
% May 31

if

Sale

10%
Sale

1%

5%
2% Sale
9% Sale
9%
10%
3% Sale

9% May 21
50% May 22
18% May 29
5% May 28

1% May
5
May
2% May
9% May
10

21
21
21
31

May 28
May 21

3

1

May

%
%
14%
73%
22%
11%

1
2
20
16
15
23

2 % Mar. 23
21 % May 21

4% Mar.
4% May 29
60% Jan.
4

5%
5%
7%
19%
5%

9

22
Apr.
21% Apr.

1

28
21
28
31
May 28
May 21

1% Feb.
5
May
1% Mar.
9% May
3

May
4
May
3
% May
2
12
May 17
30% May
3

% Jan.
May
% Apr.
9
May
23 % May

31
22
24
21
25

10
26

2% May
7
May
9
May
3% May
a may
12
May
12
May
% May

22
24
23
23
31
21
22
15

4% May
4
9% May
1
11% May 11
5
May
9

2% May
7
May
9
May
3% Mar.
% Mar.
12
May
12
May
% Apr.

22
24
23
13
11
21
22
10

1% May 22

3% May
7
1% May 13

6

3

29

6
8

113

% May 21
"a Jan.
3
Jan.
8

10

18
3
3

Feb.

15
22
15
21
25

8

May
6
Apr. 24
May
6
Mar. 6
63% Mar. 11

Mar. 18

% May
May
% May
9
May
23% May
6

9

5%
33%
9%
7%

13% Jan.

50% May 22
18% May 29
5% May 28

2% May
3
6
May 14
5% May
3
16% May
9
14% May
1
5% May
3

29

Jan.

% May 24

May 21
May
3

May
May
May
May

Jan.

3

Jan.

10% Mar.
102% May
1

9

47% Apr.

Jan.

Mar.

27
2

% Jan. 22
8
10% Feb.
10% Feb. 10
7
2% Feb.

Feb.

10

21
May
21% May
111% May

May

% Jan.
4% May
8% Jan.
2
Apr.
1% May
28% May

Jan.

35% Apr.

5% Jan.
May
May
May
Apr.

9% May
9% May
11% May

%
%

4

%
8%
23%

2% May
May

57

17%
19
6% Sale
1%

Feb.

13 % May
47% May
4% Feb.

22 34% May
21 112% May
May
23 18
17 61% May
24
9% May

4%

1%

120

26

Apr.
Jan.
May

3
120

"29

%
8%

8%
9%
a Sale
18
19

34%

9
28

■«?'*

Sale 103% 103% 102% May
Sale

7%

Registered

3,300

Sale

~2H Sale"

8,900

350

6

15*4

IK

*

com

"

24%

5%

100

7% preferred

Internat Petroleum

300

23

64

5%
6%
8% Sale
8% Sale
11%
11%
23
19%
7%
7%
17
18%
19
17%

Sale
Sale
Sale

1

27,500 Internat Industries Inc.
1,450 Internat Metal Indus cl a—
798,200 Internat Paper & Pow warr__
200

11 %

1
1

Class b stock
Industrial Finance vtc

Sale
6%

61%

12
13

15 %

Non-voting class a

Sale

8%
6

111

5,400

Sale

31

3%
Sale

Imperial Chem Indus Ltd—

2,030

10

1%
2% Sale
44% Sale

2%
29

59

3,700 Imp Tob of Gt Brit & Irel__£l
17,400 Indiana Pipe Line
10
2,580 Indiana Serv Corp 6% pref-100

112%
18%

60% Sale
8% Sale
11
12%

Sale

67

*

Am dep rets ord reg-1,300
£1
64,700 Imperial Oil (Canada)
9,800
Registered
.10,200 Imperial Tobacco Co of Can. .5

Sale

34%
112

280

30,100 Illinois Iowa Power Co
85,700
5% conv preferred--

4

Jan.

5

1

Feb.

20

1

Feb.

20

%
16%
73%
23%
15%

Apr. 24
Apr. 23
Apr. 16
Apr.

4

Jan.

8

2% Apr. 24

12% Jan.
5% May
19% Feb.
19% Feb.
5% May

17
3
7
7
3

1% Apr. 18
9% Mar. 14
% Jan.
6

18% Jan.

5

Jan.

8

4% May

4

37

Warrants series of 1940-.-.

15,700
10,500
1,000
1,675
200

2,200
11,900
1,000
25,100
2,200
525
400

270

29,600
150

"30,406
47,600
3,900
3,450
3,100
7,350
20,900
5,500

3%
9%
10%
4%
%«
16%

Investors Royalty Co
Iron Fireman Mfg com

*
♦
1
vtc..*

Irving Air Chute common.—1
Italian Superpower cl a
*

180 Kansas g & b 7% pref
100
Keith (Geo e) Co 7% pref. 100

l6".606 Kennedy's

5
1,800 Ken Rad Tube & Lamp cl a..*

350

Inc.

-

1,200
20
140

10,700

8,700
1,000
600
200

800

:"""30

Kimberly-Clark 6% pref

100
1

2,800 Kingsbury Breweries com
Kings County Lighting—
7 % preferred series b
320
100
420
5% preferred series d
100
1
22,100 Kingston Products..
17,900 Kirby Petroleum
3,300 Kirkland Lake g m Ltd
1,200 Klein (d Emil) Co common..41
500 Kleinert (i b) Rubber
10
1
3,300 Knott Corp common
Kobacker Stores Inc

com

*

Sale

%

%

2%
1%

Sale
1%

2%
7%
8%
3%
a
13

Sale
Sale
10 /
Sale

Sale
Sale

12%
%

13%
%

2% Sale
1
1%
80

Sale
Sale

Sale

1073
283

108%

96

Sale

19% Sale

26

116% 120
20

117

24

6%

4%

12

63
53

6%
4

Sale

Sale

A
83
62
1%

m
11%
10

%

118

5
5

7

3%

5%
3%

A
75

85

67

72
Sale

53

58
1

7%

May 23 118

5

May 29
3% May 29

1

1
3
May 10
May
2

80

May
May
May
18% May
26% May
90

97

May

7

115

6% May
4% May

1

5

112% May 15 112
a May 13
K

98

12

95% May
May
May

May 27 102
May 23 108%
18% May 21 31%
26% May
2 2*7

1% May 22
1
May 14

5% Jan.
%
17%
17%
A

3
Jan. 26
Mar. 8
Feb.
9

Jan.

20

3% May
7
2% Feb. 27

2
23 95% Apr.
May
1
27 102
Mar. 27
23 109
21
2

36
Jan.
27% Mar.

May 23 120

Mar.

3
8

2

May 29

9

3% May 29

7% Mar. 19
6% Apr.
6

2

112% 114%
A
92

13%

%,May 31
16% May
7
16% May 17
% May 15

10% Apr. 27
13 % Mar. 20

25

92

m

May 23

90

110% 115% 115

22

Sale

5

May 14

97

100

68
Sale

Sale

6%

r92% Sale

29%

5

111

85

1

80

94
102

Key Co common............*
10

Sale
Sale
12%
Sale
%
Sale

14

Interstate Home Equip com.-l
Interstate Hosiery Mills
Interstate Power $7 pref.

47,100 Jacobs (f l) Co
1
♦
6,200 Jeanette Glass Co
Jersey Central Pow & Lt Co
5%% preferred
100
1,850
6% preferred
100
2,150
7% preferred
..100
1,460
61,200 Jones & Laughlin com—.--100
250 Julian & Kokenge com
—*

50

"2~,500

International Vitamin

1

2% Sale
%
n
13
14%
10
11%
8%
7tt
17
9%

1%
1%
A

11%

2%
A
14

8

9

3%

7%
7

6%

85

May
64
May
1
May
2
May
k May
11% May
9
May
4% May

May 15
May
8

111

May 16
66
May 14
1% May
2
2% May
6
% May
4

85

16
16
14
21
18
24

85

14

-8

10

18

12% May 14
May 14
7% May 13

Jan.

2 112% Jan.

% Mar.

A May 13
May
64
May
1
May
2
May
May
11 % May
9
May
4% May

31

7

Mar. 11

16
16

95

14

2

Jan.

3

21
18
24
14
18

2 % Jan.

9

73% Mar. 30

8
1% Jan.
15
Apr. 11
8
10% Jan.
4
8% Apr.

Koppers co—
590
10

200

2,500

6% preferred
100
Kresge Dept Stores—
4% conv 1st preferred--.100
1,900 Kress (s h) & Co spec pref. .10
11,600 Kreuger Brewing Co

1,775

84%

86

89

Sale

73

78

75

90

47%

60
123

65

80

56

75

65

6l

12%
5%

12%
5%

11%
4%

12%
5

May 13
11% May 18
4 K May 21

40%
17%

43

31

35

40 *

23% Sale

17%

12%

390 Lackawanna rr n j

10

.--100

54,300 Lake Shore Mines Ltd

11,900
12,700

37,500

317

11%
5%

337

1,900

18,500
4,300
2,700
2,650

600
76,100
30,900
7,400

Sale

9%

7,400
300
100
600

""206

4

Class

A

...

Class B—-

.♦
»

15
7$

"io%
16%
9

7
Sale

Sale
34% 35%
rt

600

2,500

1,700

10%

6,900

6% preferred

see

"11%

25

131
53

"14 "
15%

page




53,

30^6

3

75
9%
9

3%

6
7
2% Sale

31%

11% Sale

2%
1%
%

21%
8

Sale
Sale

95
10

90% May 10

75

65

55
Feb. 10
11 % May 18

May 13
11 % May 22
5% May 13

May 17 40
11% May 31 17%
2% May 15
4%
95
May 16 100
9% May 21 12%

May
May
May
May
May

17
6

10
13
10

15%

6%
4

Sale

%
22%
Sale

4% May 22
1% May 21
% May 20
21
May 15
7% May 25

May 15
May 4
May
9
29% May 13
11% May

16
1

19% May 10
1% May
8

5

2\
.

_

11

20

"l% Sale"
Class B.

For footnotes

91
12

Sale

1
Convertible preferred

10,800

""I56

4

May 15

21

1%

1%

17%

22%

10
1

17%
1%

/

May 25
May 13

May 15

4% May 21

90% May 10
75

40

May 17 43%
11% May 31 25%
2% May 15
4%
x71
Jan. 12 100
9% Jan.

Apr
Mar.
Apr.
May
May
% May
21
May
7 % May
10% Jan.
16
May
15%
6%
%
4%
1 %

1

15

.

Feb.

16
10
22
21
20
15

25
16

25
5

Apr.

5

12% Apr. 10
x6K Apr.

8

Mar. 11

Jan.

3

Mar. 25
May 13
12% May 10
16%
6%
%
6%
3

Feb.
Mar.
Feb.
Apr.
Mar.
Jan.
Jan.
Apr.
Mar.
Mar.

%
35%
12%
16%
22%
1% Apr.

21
16
23
24
12
9

new

46

exchange

curb

york

AGGREGATE
SALES
In

Since

May

1940

STOCKS

Shares

8,950
89,600
69,200
4,875
14,775
10,300
93,700

5,950
41,200
16,300
675

2,125
1,700
30,500

Par Bid
13
5
10J
*

(Continued)

Locke Steel Chain Co.
Lone Star Gas

*

1

100
100

44

Long Island Light common..

7% preferred series A
6% preferred series B

-

38 N

13k
Sale

1,600

Loudon Packing Co com

Sale
Sale
Ik

100

Sale

IN
31
10
26 N

..

(The B) Co
*
Mapes Cons Mfg Co
*
Marconi Internat Marine—
Communication Am dep ret.
Margay Oil Corp
—*
Marion Steam Shovel com
*
Mass Util Associates vtc
1
Massey Harris Co common—*

50 Manischewitz

""200

1,200

415

100
600

2,300
6,000

2

38
Sale

26 X

7
1814
2k Sale
2%
2k
4k
5
22
23 %
5

15N

8,200
1,700
8,400
1
18,500 Master Electric Co
May Hosiery Mills—
$4 preferred
2,500 McCord Radiator & Mfg B__*
25,900 McWilliams Dredging com...*
*
4,120 Mead Johnson & Co com

3,000

*

3N

1

5,500 Merchants & Mfrs class A

2,200

1*
2M
814 Sale
16214 16514
4N
4V
16 %
17

—5

13,400 Memphis Nat Gas com
2,150 Mercantile Stores Co

900

Participating preferred
*
13,100 Merritt Chapman & Scott----*
750

225

5 400
250

600
6N% A preferred ...
100
Common stock pur warr'ts..
1,400
—--1
36,100 Mesabi Iron
5,600 Metal Textile Corp com....25c

300

12,100

3%

"~4% "414
67

Sale

"""% ~"k

50

10

130

2,650
900

10,100
100

Sale

14

k
25%

1%

,

IN Sale
4M Sale
98 N
95
22% Sale

2%
5%
5N
10414 109%
28%
26%
2

Highest

Sale Prices

Sale Prices

10

May 21
13%
7N May 22 10 k
k May 25
27
May 21 48 N
24
May 28
IN May 21
3 k May 22
99
May 21 106 N
29 N
20 N May 28

Ay>

30
27

25

38% Sale

IS

10

14

10

29

26

28

4%

28

14 May 21
IN May 20
30
May 21

38
14

28%

1

4,800
4,200
17,800

Midland Oil

2,050

800

4%
%
8

4*1
.A
Sale

*

4k

5%

1N
7%

Sale

4

$2 non-cum div shares
* 17 X 18%
3,700
11414 Sale
3,225 Midvale Co
1
IN
50c
9,300 Mid-West Abrasive Co
...-.10
714 Sale
16.200 Midwest Oil Co
Midwest Piping & Supply Co.*
10%
11H
500
1
*
1,500 Mining Corp of Can
58
Sale
15.425 Minnesota Min & Mfg Co....*
91
94 N
10 Minnesota P & L 7% Pref--100
350 Miss River Power 6% pref. 100
8,200 Missouri Pub Serv common..*
.4
4%
11
Sale
23,700 Mock Judson Voehringer. .2.50

300
200

5,325
10

110

2,200
4,800

--1
181,300 Molybdenum Corp
10,700 Monarch Mach Tool Co com.*
1
14,300 Monogram Pictures com .
2,200 Monroe Loan Society cl A—.1

51 100

1,300
8,100
400

Sale

3N

60
ik
5k
Sale

3n
11n

3n

3k
Sale

3 % Sale
62%
67 k
%
%
% Sale
2%
3%

42

37

2

32

128

4
13

4

100

4,070
9,050
1,050
1,800

1,220
1,000
300

""600

800

400

500

52,300

154,000
26,850
9,100

11,050
1,900
10

310

1,700

6,700

.

400
50
400

17,700
10,700
320

"3", 900
1,000
29,000
24,100
600

2,800

2,300
73,800
81,900
1,820
1,100
11,700
2,400
88,900
92,800
1,500
13,400

200

22,250
1,100

8,500

40,900

225

3,400

4,875

9,000
400

5,900
9,100
3,900
2,500
30

26,600
40
800

1,100
300

""50
25

2n

2n
60
n
n
% Sale
2n
2m
36n
45
50 n

104 N May

4n
k
3n

6

5%
Sale
4

3n
%

Sale

1
5

Sale
^8
%
8% Sale
3%

3 %
n
5%

5n

8

6

Sale

5

200

200

1,400
"

1,950

^

1st

_

1°
15

11

8l

1 OH

15%

Sale
Sale

*

5%

New Idea Inc common

2

Feb.

24

25

Mar. 18

2

21
23
6
15
18
29

3N Apr.
May
50
May
N Feb.
N Mar.
2N May
37
May

10

3 k May
% May
8N May

% May 17

16

2N May 22
% Mar. 20
5N May 21

3
3
6

5

May
May
May
May
May
May
May
May 10
May 17
May
9
May
1

12

see page

53*

97

.

18 N

May
May
May
May
May
May

120 N

2N
8N
10N
%
90
117

5N
8N

8
N May
13
2% May 25
25
3
4N May
21
6 N May
18
17 N May
21
May
2 142
May
28 12
"28 16 % May
17
7% May
28 77% May

4%
Sale
19 %

4

6

141% 142 n
11%
12
15N
16N
714
7%
74
77
10n
10n

^

n

N

ilk
Sale
25

46

Sale
47

13 n

Sale

12 n

Sale

2n

5

43

3n

3n
Sale
45 n

10n Sale
8

11

■l8
i\rA

11% May 25
35
May 28
7N May 21
10N May 21
1% May 27
31N May 22

Sale

2%
314

3
Sale

26

22

•7N

Sale

6

Sale

A*

9N Sale
IN
IN
N*
N
8N
8k

11n
lk
Sale

11%
119

21
21
14
14

16* i.56

10

Sale

11%

40

8N (May
5N May
% May
19 k May

7k

78

10n
16 %

N
2N
2N
4N

110N 114

10N May 13
10N May
6

97
IN
6N
9N
%
43 N
90

116N
3 %
5

May 31

7

May
May

5N May
May
1
May
N May
8
May
110N May
9

May
Jan.
May
May
6
May
139 N May
15N May
23
May
N« Jan.
N Apr.
2N May
2N May
4 N.May
12
May

10N
69M
23 N
130N
7 k
14N
66 k

3N

-5"

3

sy.

an

4

iA
20
7

11%

A*
Sale

58
24 k
17
Sale
113

Sale

Jan. 11
6N May 28
Ilk May 28
7
May 17
75
May 28

8N May 21
5N May 21
N May 14
19 k May 14

3N

Sale

13
21

30'

40

Sale

.

2N
7

16 N

May

1

10
8
11

Jan.

17

6

Apr.
4
20 N May 13
2N Apr. 10
8N May 10
19

11

Jan.

1

Feb.

23
2

70 N May
6
90
May 10

17H Feb. 20
5N Apr.
4
11N Jan.
2

9N Apr. 18
Apr. 16

41
1

Jan.

2N Jan.
714 Apr.
.71

Jan.

26

Jan.
Jan.

30

10

4
5
13
24
29

Ni
N
4N
4N

Feb. 20
May
8
Jan. 15
Feb. 21
6N May
2
21 k Apr.
4
42
May
2
13 N Apr.
9
17 N Mar.
6
10
Feb. 29

81N Jan.

29

11% Jan.
3
11N Apr. 15
k Apr.
3
31
Jan. 25

6
14
2
18

76 k May
3
May
3N May
25
May
7
May
5N May

14 N May

12 N May
2 N

May

43 % May

Jan.

13
27

May
May
May
HON May
8

1214 May

1

84 N May 22
4 N

May

6N May

1
2

Jan.

May
May
3
May
4N May
8

84

N Jan.
IN Jan.

11% May 17
69 N May

11
55

Apr.
May,
May
May

25

1!*

10N May
49
May

igg

May
May
May
May
67
May
olVs May 13
36
May
3N May 10

18

115
4

22

May

7

May

10N May
49
1

May
Feb.

33

Feb.

2

Feb.
Apr.

15

15 N May 21

% Jan.
9N Jan.

4N Jan.

Ilk Feb. 27

12

18

2

17 N Apr. 22
47 N Apr. 30

May
May
May
May

2N May

Jan.

N Mar. 7
8
% Jan.
3N Feb. 17
5
42% Jan.

16

11% May

May
May

67

25

55

1

4

10
14

4

28
21
21
27
22

May

34

Jan.

30N Jan.
4N Mar

Feb.

25

1

2

11% May
May
7N May
10N May
1 k May
31N May
35

1

35

May

Apr. 22

3
6
6
9
16
8

7

9

4

3N

15
22
25
28
9

Feb. 20
Jan.
4
Apr.
4

17 N May
47
May

May

25

18
21N
119N 115

11% Sale
50% Sale

Sale

May
May
May
May
May

28
29
4
17
25
21
18
21

14 May

ig
30

Sale

3N
16N

8

84

T>

k

36

9N

3

Jan.

Apr. 29

7

67

9N

22
18
20
16
18
29

138

60
12 n Sale
84N
4k Sale
6N
6k
k
1,
IN
IN
25
Sale

5
42

Ns May
May

22

95N May
3
May
5N May
32
May
10N May
8
May
UN May
IN May
n May
10n May
110N May

3N May
25

23
28
23
21
15
18
24
10
24
18
May 22

May
May
Jan.
May
May
May
May
May
May
May

5N
24N
N
IN

10

76 N May
3
May

Apr.
2
4N Feb. 29
2N Jan. 20

104

May 13

6

May 31

5

17

Feb. 29 108 H Jan. 10
5
% Jan.
N May 15
9
8
Apr.
4N May 21
IN Apr. 15
N Mar. 29
6N Apr. 15
4
May 22

May
3
May 13
~ May
7
IN May 10
4
May 22

May
2
4N
May
May
2N Sale
5
Sale
May
12
14
Sale
May
142
May
6N May
"7% "8%
12n
13 n
Ilk May
6
7
7k
May
75
May

N
5%

-----

*
25

2

Jan.

1

8N May 10
May
1
N May 13
May
8
6
May 18
168
May
2
4
21N May
4
2814 May

Sale

72% Sale

Jan.

IN Apr. 22

10

9
1

Sale
5N May
8N Sale
33
37 n
May
40% Sale
N
N
%
N May
in
214
IN May
IN
6
May
6n
7
8n
4N
145
139 N May
168 % 141
168
21 k
16 N Sale
15 N May
21
23
29
21
23
May
28 N

3n

1

8
8
2

1 % Apr.
8
Mar. 21
39

2N
IN May 22
9N
4N May 22
123
May 24 170N
5N
3N May 21
18 N
11
May 22

May
May
May
May
May

7

1N
6N
Sale
10
9N
N
IN
c,
Sale
43 N May
Sale
46
90
90
98 %
70
May
120
105
115n 116 N May
Sale
4n
3N May
3N
5
Sale
May
5n Sale

94 k

6%

Apr.
Apr.

29

17
2N May 21
2
May 28
IN May 21
21N Jan. 16

22 107

5N May 21

lk

9414 Sale

6

20

2

14 N May

% May 18
N May
2
2N May 15
37
May 29

2N May 22

614

Sale

Sale

*

100
*
100

100 %

IN
6n
8n

42

10

Pow Assn com

6% preferred...
$2 preferred

12n
100

2N

12N Sale
3
3N
43
44%

16% Sale
46 X
46%

Jan.

Mar. 15

Apr.

Jan.

May
May

28

% May 15
4N May 21
n May 23
4
May 22

12

17

8n
13 k
mi
36
37%
9N Sale
10N Sale
IN
36
33 %

106 114%

New Jersey Zinc
26,400
New Mexico & Ariz Land...
7,400
*
500 New Process Co common
N Y Auction Co common
*
4,000
N Y City Omnibus warrants..
100
N Y & Hond Rosario M
10
7,350




90
117

18

3% cum-4% non-cum—100

9,500

footnotes

414 Sale
514 Sale

12 %

pref.

1,600 New Engl Tel & Tel Co
New Haven Clock Co com...*

15,400

10%
%
69N

N
4N

preferred

850 New England

75
160

1,700

1
*
Nat Manufacture & Stores—*
National Oil Products
-4
National Power & Light—
$6 preferred
National Refining com
*
Nat Rubber Mach com
--*
—*
National Steel Car Ltd
National Sugar Refg
---*
National Tea Co 5N% pref.10
National Transit
—12.50
National Tunnel & Mines
*
National Union Radio com—1
National Fuel Gas..

5
2,200 Nelson (Herman) Corp
2,100 Neptune Meter class A
1,600 Nestle Le Mur Co class A—
100 Nevada Calif Elec com.... 100

8,030

10,050

*
-1
50

Co com
National City Lines com
$3 conv preferred
National Container (Del)

National Candy

1814
Sale
Sale

8

23

39,500

100

18n
111n
2%

Nat Bellas Hess com.

170 Nebraska Power 7 %
14,000 Nehi Corp common
New common
40

2714
14

National Breweries common-

19,800
3,200
28,600
22,000
10,600
4,800 Navarro Oil Co

1,975

4,000
5,200

Springfilled Corp..*
Automative Fibres com—1

Nachman
Nat

Sale

.

6,050 Muskegon Piston Ring..-.2.50
*
1,650 Muskogee Co common
6% preferred..
100
160

1,600

For

Utilities...10
Montgomery Ward & Co A._*
Montreal Lt Ht & Pow com _*
Moody's Investors partic pref.*
{Moore (Tom) Distillery Co..l
New common stamped
1
Mtge Bank of Col Am Shs..._
Mountain City Copper Co..5c
Mountain Producers Corp—10
Mountain States Pow com...*
Mountain Sts Tel & Tel.
100
Murray Ohio Mfg Co—___--*

20

May 21

3 % May
63
May

4

3N May 23
May 28
2
May 21
50
May 23
n May 13
N May 21
2N May 18
37
May 29
25

108 %

107

IN
1N May 22
7N
4N May 22
May 24 170
5N
3N May 21
18
11
May 22

123

25

24

May
3N May
2 N May
3N May
40
May

2

3*4*

700 Montana Dakota

4

Jan.

25

8

15

17

2N May 21
May 28
IN May 21
26 N May 21

2

51n
in
5%

% Sale

18

IN
lk

,

60
2
7%

169

14 N May

2N

31

Sale

40

15

2

3N Sale
2N
2%
3%
314

N May 15
N May 21
IN May 20
30
May 21

Midland Steel Products—

1,700
1,500
2,100
6,900

9

Jan.

10

May

29

May 21

25

Corp—

$2 conv pref

8

May

5

10

6%
Sale

15

N May
1
IN May 10
IN May
2
32
May 21

15

14 May

Sale
k
in

Middle States Petroleum—
Class A v t c new..;
1
14,000
Class B v t c new
1
16,600
55,700 Middle We^it Corp common..5

Mar.

1
N
n
in

% Sale
IN Sale
IN
IN
38N 40 N

28

214
214
Participating preferred
15 37 N 42
Metropolitan Edison Co—
370
$6 preferred
* 10314 105k
Sale
17,550 Michigan Bumper Corp—-- -1
6N
8
2.50
2,700 Mich Steel Tube Prod
k
%
-*
20,400 Michigan Sugar common
4
514
Preferred
10
2,600

600

41

Lowest

Sale Prices

13 N May
May 21
7% May 22 10N May
May
k May 25
May
27
May 21
24
May 28 38H May
May
IN May 21
5k May
3 k May 22
99
May 21 160% May
20 N May 28 27% May

Sale

8

.

10

1014

10%

Sale

54 %

_

900

9,100
1,390
6,900

Sale

Sale

Sale

58,600 {Majestic Radio & Tel Oorp.-l
23,900 Manati Sugar opt warr
1
3,400 Mangel Stores Corp com
250
$5 conv preferred
— *

13,800
10,500
2,000

13%
10%

Highest

Sale Prices

Ask

Ask Bid

Bid

Lowest

May 31

1

May
Ask

1%
*
5N
5k
Louisiana Land & Expl com.-l
103
160 Louisiana P & L $6 pref
* 101
26 N
5,600 Lynch Corp com
5 25

30

1

Jan. 2

Jan. 1

Shares

RANGE SINCE JAN.

PRICES IN MAY
Price

new york
curb exchange

15N May

14 N May
6
13N Jan. 25
3N Feb.
8
44
Jan.
3

97 N Jan.

6

3N Apr.

6

6 N Feb.
54 N Jan.
11% Feb.

13
4

20

8% Mar. 6
12% Apr. 15
2
lk Feb.
k Jan. 23
12 k Jan.

8

Apr. 25
70

Feb.

5

14N Mar. 21
N. May 22

84

4

6

Jan.

7

Apr. 25

1

Jan.

26

Apr. 19
30% Apr. 19
13%
76%
25%
136N
8N
15N
67

Jan.

12

Jan.

11

Jan.

3

Apr. 22

May
Apr.

2
2

Apr. 30
Jan.

|8
Apr.l* 3
Apr.* 25
Apr.< 25
28N Jan *25

ll*

NEW

June, 1940]

47

EXCHANGE

CURB

YORK

AQQREOATE
new
Since

May

curb

Jan. 2

exchange

2,000
190

320

9,000
430
600
160

86,700
1,050
20

2,000
1,200
5,300
10

9,900

~5~, 700
4,400
33,300
7,550
2,700
1,200
830
600

1,300

""830
490

1,000
9,400
2,150
4,600

1,425
375

1,550
500
230
225

600

12,300
1,450
1,000

73,800

"'300
300
400

8,100
1,300
500
250

500

139,500
400

800

5.900
40

180
900

1,500
100

200
300

73,000
35,700
50
50

700
440

1,050
625

"~2~,900
1,650
200

5,400
1,800
40

450

3.700
171,400
8,750
6,300

100„

17,7001
10,800
75

15,600
4,300
3,300
14,000
1,100
1,600

"~2,500
3,800
10,900
100

"MOO
10,200
525

1,900
3,200
1,800
700

5,700

stocks

(Continued)

Par

8,100 N Y Merchandise Co com- -10
1,520 N Y Pr & Lt $6 pref
—
- *
2,420
7% preferred
100
N Y Shipbuilding Co—
Founders shares.
1
38,700
N Y State Elec & Gas Corp¬
700
se preferred
100
5,600 New York Transit
-5
2,950 N Y Water Serv 6% pref—-100
332,100 Niagara Hud Pow com
-10
8,500
5% 1st pref
100
850
5% 2d pref
*
100
16,100
Class A warrants
3,200
ClassB warrants
----11,700 Niagara Share Corp class B--5
360

Class A

preferred

23,500 Nlles-Bement-Pond com
400 Nineteen Hundred Corp B
14,200 Nipissing Mines
9,800 Noma Elec Corp com
164,100 Nor Amer Lt & Pow com

100
*
1

--5
1
1

22,250
$6 preferred
11,300 North Amer Rayon cl A
4,910
Class B common
2.774
6% prior preferred
--50
*
1,800 Nor Amer Util Sec com
2,600 North Cent Texas Oil
5
3,000 North European Oil com—--1
2,905 Nor IndPub Ser 6% pref—100
1,800
7% preferred
9,500 Northern Pipe Line
37,000 Nor States Power A
5,500 Northwest Engineering

100
10
25

10,800 Novadel-Agene Corp
5,400
2,025
8,350
1,440

Ask

Bid

7M

85*
Sale

107

115*

13

Ohio Oil 6%

55*

pref.--------100

100

-5
15

50

$3 preferred
$5.50 conv pref

164,784 Oldetyme Distillers
Oliver United Filters B
*
-----—1
"1,950 Omar Inc
*
1,500 Overseas Securities Co

_♦
1,200 Pacific Can Co common
39,800 Pacific G & E 6% 1st pref.-.25
5,200
55* %lst preferred25
1,225 Pacific Lighting $5 pref
--*
710 Pacific P&L7% pref
100
♦
1,400 Pacific Public Service com
100
$1.30 1st preferred
*
Pantepec Oil of Venezuelae
American shares
329,000
700 Paramount Motors Corp
-1
-----10
1,150 Parker Pen Co
29,200 Parkersburg Rig & Reel Co--l
280 Patchogue Plymouth Mills—*

55*

67% Sale
85*
1

45*

95*
IX
45*
Sale

1

•3,800

40

130
230

7,500
7,450

22,825
23,125

1,100

200

600

6,750
3,050
33,500

46,275
29,125
67,300

50

550

2,300

4,100




45*
93 X

Sale
97
67
Sale
85*
9X
IX Sale
4X Sale

985*

85*

95*
195*

19%
47

Sale

113X 115
IX
IX

'"75* ""§
2X
11

35*
13

335* Sale
31
315*
89

55*
20

90 X

6
21X

45* Sale
35*
45*

11X

12
Sale

~"~X

12

IX

Sale

25*

265*
8

75*

Sale"
915*
29

Sale

5*
25*

Sale
95 X
97
100
104
116X 118
7
8%
9X
75*
8
13X Sale
85*
18 X
18
135*
20
35 X Sale
285* Sale
Sale

17

Sale

95

19
49 X

1145*
3X
45*
7X
2X

45*
35*

Sale
4

125*
30

485*
155*
Sale
325*
15*
3
Sale

3

25*
95*
65*
155*
405*
105*
285*
295*
5*

25*
15*
145*

Sale

l0& ua
15* Sale
75* Sale

65*
385*

'115* "12*"

9

50
11

Sale

105* Sale
1005* Sale
15*
15*
95*
105*

785*
15*
75*
8

"ix
Sale
45*
85*

21

22

15* Sale
40

42

95* Sale
4X Sale
85*
85*
6
65*
93

975*

7
12

27

95

96

May
May
May
May
May
May

1

35*
7

225*
Vs
38
85*
35*
85*
85*
101

%

Sale

4
75*

35*

235*
%

16

40

30

5*

Sale

55*
5*

4
95*
Sale
1025*

3

75*
45*
95

9

Sale

25*
15*
115*
385*

May
May
1145* May
May
305* 30
4
35* May
Sale
5
May
265* 205* May
10
12
May
May
Sale"
May
Sale
May
39
40
May
8
Sale
May
43
Sale
May
9
Sale
May
Sale
75
May
May
15*
9
7X May
115*
5* May
5*

55*

*

175*
Sale
35
7

5*
35*
85*
55*
100

75*
195*
495*
116

45*

27
21
21
2

May 10
May
3
May
8
May
3
May 14
May
8
May 14
May
8
May
9
May
9
May
1

May
3
25* May 15

Jan.

4

55* May
3
35* May 20
115* May
7
10
May
8
20
May 20
485* May
3
155* May
7
365* May
6
31
May 11
X May 16

2

215*
385*
65

15*
21
28 1105*
22 113
28 185

May 28
May
May
May
May
May
May
May
May

695* May 11
785* May 10
275* May
7

1

May

5* May 21
25* May 22
7
May
7

1
4

May
May
May

1
8
7

16

X
32

45*
5*
25*
85*
45*
95

May
May
May
May
May
May
May
May

29
28
28
21

6
21
23
27
May 24

7

235*
5*
395*
85*
5*
35*
95*
85*
1025*

May
May
May

May 10
May
8
May 14
May
7
May
8
May
7

16

Feb.

19

May

10

Mar.

27

Jan.
Jan.

8
25
3

Jan.

52

•4

13

Jan.

3

35* Mar. 14
7
5*# Feb.
110

May
1
6
1175* May
95* Apr. 18
4
155* Jan.
21
Apr. 15
9
385* May
245* May 10
1105* Mar. 12
107
Apr.
5
1
1165* Feb.
1165* Mar. 26
Apr.
1
1085*
5
85* Apr.
3
215* Apr.
50

Mar. 13

117

Mar. 29

45* May

May 24
25* May 15

22

1

8X Feb. 13
35* Feb. 20

155* May
345* Apr.

6
6

27 315* Jan.
9
23 1085* Feb. 28
24
955* Jan. 11
15
65* Feb. 23
Feb.
20
Feb.
6
6

25* May 21
3 5* Jan.

75* May
6
May
20
May
41
May
xll
May
27
May
30
May
5* Mar.

26

17
21
20
26
17
29
17
7

25* May 27
15* May 21
115* Jan. 15
Mar.

6

Apr.
X May
975* May
1035* May
xl585*May

26

64
•

Feb.

Jan.

May

55*
35*
125*
10 5*
355*
49 5*
165*
365*
32 5*

9

Feb.

27

Jan.

26

Feb.

21

Jan.

8

Jan.

3
15

Feb.

Apr. 11
May
6
Apr. 30

May 16
3

Mar. 21

3
25* Jan.
225* Apr. 15
8
385* May
65

2
21
28 112
22 1135*
28 185

535* May 24
53
May 24
22
May 24

7

Feb.

1035* Mar. 28
8
265* Apr.
3
265* Jan.

5

4
65* May 10
May
22
75* May
55* May
22
15 1165* May
1145* May
30
315* May
11
May
35* May
15
65* May
13
5
May
21
May
41
205* May
21
May
185* May
95* Jan.
23
X May 23
X May
23
15* May
2
28
15* Ma*y
6
75* May
3
27
May
42
39
17
May
May
6
8
135* May
21
3
May
43
575* May 10
24
May
9
125* May
15
9
May
75
28 1035* May 10
May
15* May
15* May
21
7
95* May 13
23
75* May

25

8

27

15* Jan.

17
May
May
945* May
1105* May
104
May
103
May
6
May
135* May
39
May
100
May
15* Feb.

13

4

Feb.

55*
995*
715*
95*
15*
55*

95

12

24
24
24

Apr.
>81 Jan.

1

15
May
445* May
5* Mar.
25* May

37

5

3
Mar. 28

87

35* May
935* May
50
May
85* Jan.
5* May
354 May
5* May
57
May
15
May

135* Feb.
May
265* May
101
May
72
May
4
May

Jan.

65* Jan.

5* May

28

May 10
Apr. 16

92

5*. Feb.
95
May
97
May
6
May
7
May
12
May
27
May

8

2

JK
29

»ji Jan.

20

Sale

5*
35*

108

235* Apr. 22
108

May
55* Jan.
11
May
35* May
73
May

x73

27
1
14
10

May
May
May
May
May
May

245*
1085*
1065*
1155*
115 X

May 21

11

98

155* May
6
8
22
335* May
8
May 10
27 30
23 1075* May
6
86
24
May
3
5
15
May 10

25* May 21
35* May 20
4
75* May 17
Sale
6
May 21
8
20
May 20
25
41
May 26
43
May 17
125* zll
27
May 29
31
30
May 17
31
5* May 16
15*

116

55*
6
65* Sale

75*

May
May
May
May

7
May 28
95* Mar. 11
Jan. 19
98
May 23 109
1035* May 25 1185* Jan.
6

10
8

15* May
45* May
15* May
95
May
255* May
245* May
515* May
5* May 17
3
May 17

21 110
28 1175*
85*
21
135*
21
19
May 18
May 25 385*

95

97
6

Sale

45*
55*

8

X
45*

5* May 22
3 5* May 21
5* May 21
57
May 21
15
May 18
15
May 28
445* May 23
{/«May 17
25* May 21

May
Sale
2
May
Sale
May
195* Sale
32
39
39
May
38
65
65
57
May
65
66
1
5* May
2
15*
15*
975* May
995* 100
Sale
1035* 1055* 1035* May
Sale
zl585*May
1585* 164
15
105*
165*
56
535* May
545*
675*
53
Sale
58
May
565*
22
25
May
285* 235*
25*

5*
45*
935*
715*

May

155*
Sale
Sale

9

355*
315*
5*

132

It"

8

tl

81

17
May 28
May 24
945* May 23
Sale
1105* May 23
104
May 27
.7
103
May 15
6
May 21
75*
Sale
135* May 22
145*
39
50
45
May 23
Sale
100
100
103
May 23
4
Sale
Sale
35* May 22
2
55*
65*
5
5
6
May 24
85*
25* May 15
35*
15*
35*

Sale

15*

50

9
14
155*
28
295* Sale
265*
275* 265*
101
107
108
1005* 102
74
885*
865*
755* 72
4
4
55*
55*
55*
16
21
19
195*

15

325*
295*

89

May
81
May
»3s May
5* May
35* May

185*

102

94
1055* 1065*
1145* 1155* 1125*
115
1165* 7
107 X 1085*
55*
75*
85*

295*

56

X
25*

110

113

36

4

Sale

24

34

5*

Sale

11

"§X Sale"

5*
35*

45

108

35* May
73

935* May

165*

X
3X

75*
255*
55*

May

May
May
May
May
May
May
May
May
May
May
May

4
1
3

9

70

7X»
35*

985*

Sale

7

155*
155*

51X

Sale

90

61

68

50

65*
75*
145* Sale
16 J*
18 J*
355*
365*

75

Sale

27

Sale

35*

X
35*

95

255*

100

332

Sale

49

5*
35*

W

1

25X
25 X
Sale

%
25*

70

Sale

235* May
108

55* May
11

*32

24 X
24 X

89

165*
725*
905*
285*

Jan.

11

Jan.
Feb.

19

3
Apr. 18
May
Jan.

Jan.

315*
65*
155*
475*
185*

13
4

Mar. 14

85* Jan.
85* Jan.
120

19

Mar. 11

4

5

Feb.

11
29

Feb.

8

Jan.

Mar. 30
Apr.

May

1
3

Feb.

1

Jan.

4!"

8

Apr.

8

Feb.

29

Apr. 26
5
61H Jan.
Apr. 17
Feb.

29

Jan.

10

dH

Jan.

15

Feb.

7

15* Jan.

20

5* May 21
25* May 22
7
May
7
85*
815* Jan. 25 815*
16
May 29 245*
5* May 28
15*
32
May 28 42
45* May 21
10
5* May
5*
6
25* May 21
55*
85* May 23
95*
45* May 27
95*
95
May 24 1025*

Vk

6

Apr. 18
Jan.

4

Feb.

1

Jan.

24

Apr.
Jan.

13

Mar.

Feb.

May

8
9

13

8

Jan.

5

Feb.

7

Apr.
May

6
7

Colorado—

6% 1st preferred
100
7% 1st preferred
100
Pub Serv of Ind $7 prior pfd--*
$6 preferred
*
Public Service of Oklahoma—
6% prior lien pref
100
7% prior lien pref
100
Puget Sound P & L $6 pref— *
$5 prior preferred
*
Puget Sound Pulp & Timb— *
Pyle-National Co com
-5
Pyrene Mfg
10

For footnotes see page 53.

82X

35*
745*

"""*£

27

100

$6 preferred
Public Service of

6

20

Sale

675*

5
.17,600 Potrero Sugar com
5
16,600 Powdrell & Alexander com
*
300 Power Corp of Can com
60
6% 1st preferred
---100
*
*
6,300 Pratt & Lambert
1
22,100 Premier Gold Mining--*
825 Prentice-Hall Inc com
10,800 Pressed Metals of Amer—_—1
20
3,200 Producers Corp of Nev
*
6,600 Prosperity Co B common
__*
1,300 Providence Gas Co
*
31,400 Prudential Investors com

5

16

26

--*

1
27.600 Pharis Tire & Rubber Co
10,400 Philadelphia Co com
*
190 Phila Elec $5 div preferred---♦
25
1,725 Phila El Pow 8% pref
10,300 Phillips Packing Co
*
835,800 Phoenix Securities common..-1
57,350
$3 conv preferred A
10
*
10,800 Pierce Governor Co com
200 Pines Winterfront Co
1
1
52,600 Pioneer Gold Mines Ltd
25.200 Pitney Bowes Postage Meter-*
425 Pitts Bessemer & L E RR—-50
1
35,200 Pittsburgh Forgings Co
50
10,540 Pitts & Lake Erie RR
11,000 Pitts Metallurgical Co..—10
32,700 Pittsburgh Plate Glass com-.25
5,200 Pleasant Valley Wine Co—--1
7.50
7,100 Plough Inc common
325 Pneumatic Scale Corp Ltd—10
25c
12,500 Polaris Mining Co

7X
26 X

84

Sale
* 111
50 1675* Sale
20

*

May

Sale

\K aVK
2
Sale

600 Perfect Circle com—

May 21

Sale

-2.50
1
-1
♦

*
*
♦

11

98

Sale

'42% "44%

1,000 Penn Traffic Co
186,100 Pennroad Corp com
203,500 Pa Cent Airlines com
275 Pa Edison Co $2.80 prei
125
$5 preferred
1,810 Pa Gas & Elec class A
1,150 Pa Pow& Lt $6 pret
3.775
$7 preferred
2,520 Pennsylvania Salt Mfg
750 Pennsylvania Sugar Co
13,550 Pa Water & Power
3,525 Pepperell Mfg Co—

18
99

5

81

Highest
Sale Prices

14

89

1

Lowest

Sale Prices

97

Sale

%
55*

Highest
Sale Prices

Sale

55*

"~iZ

Ask

107 X

865* Sale

(D) Grocery cl A
*
Class B
11,900
4,180 Peninsula Telep Co com
, _ *
300
$1.40 preferred
25
600 Penn Mex Fuel common—50c
910 Pender

40

65*
25 X

Lowest
Sctle Prices

May 31

9
7
7
May 28
May
9X
75*
Sale
98
May 23 1075* May
995* 108
May
1165* 1035* 107
1035* May 25 116

Sale

225*

pref

4,450

21X

1

Ask Bid

5X
215*

107

preferred----

2,600 Oilstocks Ltd common
49,900 Oklahoma Nat Gas com

6,200

8U
107

107

Ohio Brass class B

Ohio Edison $6

Bid

116

Ohio Power 6% Preferredi-}99
890 Ohio Pub Serv 7% 1st pref_100
900
6% 1st

250

280

May

1940

Shares

1

Price

york

Jan. 1

Shares

RANGE SINCE JAN.

PRICES IN MA Y

SALES
In

1065* 109
1105* 115
905* Sale
50

Sale

1065* 109
1125* 117
101

515*

1035* 1045*

108

110

1105*
275*
835*
255*
105*
65*

245*

Sale

Sale

785* Sale
125*

Sale

""65* ""65*

Sale

Sale

975* 105
1085* 114
815* Sale
405* Sale

May 14 zl045*May 16 107
xl045*May 16 107
May 14
1105* May 28 1125* May 15 1105* May 28 1135* Mar. 19
67
67
May 21 1065* May
3
May 21 1065* May
3
35
35
595* May
May 21
3
May 21 595* May
3

97
995* 100
105
105
1115* 101
135*
185* Sale
Sale
58
695* Sale
Sale
14
18
Sale
Sale
75*
75*
85*
11
45*
4X
6
Sale

110

May
May
May
May
May
May
May

21 109
22 1135*
28
275*
84
21
29
21
75*
22
28
65*

May
May
May
1
May
7
May 10
May 22
May
1

100

May
May
135* May
58
May
115* Jan.
75* May
45* May

105

21 1095* Feb. 14
9
22 1135* May
28 325* Jan. 10
85
Jan. 10
21
29
26
May 10
105* Apr. 12
22
28
75* Mar. 7

48

YORK

NEW

EXCHANGE

CURB

AQOREGATE

PRICES IN MA Y

SALES
Since

May

Shares

1,350
540

250

525

1,400
410

~~2,300
3,900
1,300
1,900
1,750
176,100
3,100
1,400
700

6,300

3,000
850
50

300

3,700
1,700
4,800
900

1,500
1,800
1,700
19,700
250
'■

2,500
3,900
300
50

112,400
3,200
19,100
2,000
20
200

2,300
17,600

(Concluded,)
2,630 QuaktrUatococn
750
6% preferred
1,150 Quebec Power Co
...

_

—

118

50 Sanford Mills

Sale
37%
Sale
Sale
6%
Sale
15
Sale

%

6._
2%
We

....

Sale
2%

6,800
9,000
1,400
39,100
13,200
1,250
16,000

11,212
22,800
2,900
1,000
331,700
33,600
3,050
34,100

63
3%
14%
46%
2%
0

Sale

Sale

Sale
Sale
Sale
1

600

2,900

5,350
5,700

$5.50 prior stock
Allotment certificates

29%

30

_*

Convertible stock

1,300
1,750

12

1%
12%

23

24

„»

Seeman Bros

39

---*

5

"59%
3%
13%
46%
2%
1%
3%
13%
4%
77%

2%
2%
Sale

o

Sale

4%
13%
48%
Sale

Sale

4%
14%

*

1

%
39%
%

Sale

8%

Sale

13

6%
54%
Sale

11%

10%

10

4%
We
12%
4

1%

10% May
May 13
„

39

May
May
May
May
May
May
May
May
May
May

21

2

22
17
3
27
15
6
21
15
22

24

5

We
12%
6%
We
17%
5

2%

May
May
May
May
May
May
May
May
May
May

13
17
10

6
10
10
9

% May 21
We May
8
94
May 28 105% May
3
95
95
May 21
May 21

li

May 21

13% May

6

May 21
May 21

1%

2%

2

1%

2

4%

5%

1
May
9
2% May
3
May
May 10
4
May
1
May
6
May

1% May 21
5% May 23

>

o

Sale

46

2%
9%

3%
Sale
42

35

1%
1%

1%
%
1

"2%

Sale
Sale

Sale

5%
%

%

30

22
10

Sale

26%

Sale

14

2%
6%
%
59%
3 %
13%
48 %

4
23
15

% May
43
May
2% May
8
May
40
May
1
May
May
2'
May
9
May
2% May
48% May
4% May
% May
29
May
% May
9
May
22% May

22
21
22
22
21
17
21
28
21
6
14
13
22
21

23% May

18

26% May

7

4% May 21
Wt May 21
% May 21
35% May 21
We May 23
3% May 23
8% May 27
% May 15
2% May 21
35
May 28
37
May 28

8% May

10

% May
1
May
37% May
1
May
7% May
10% May
% May
4% May
58% May
59
May

1
13

'

1%
1%
3
9

4%
81%
9%
%
29

%

6% May
May
% Jan.
% May
16 % May
4% May
% Jan.
10
May
4% May
We Jan.
12% May
4
May
1% May

13

34

6

1%
1 %
5%
%
43

2%

3

8

9

40

1

1 %

1

%

13

2

17

9

1

2%

3

48 %

6

4%
%
29

13
13
13

16

16

6

22

14

Feb.

17

40%
1 %
2%
26%

Mar. 25

8

21
22
2

27

15
9

21
15

24
2

Jan.

6

17

8

Feb.
Jan.

10
6

Jan.

We
13%
6%
%
19%
5%

-Tan. 20
Mar. 13
Apr.
9
Apr.
(.
Mar. 27
Jan.
4

2% Apr.

22

5

-

116% Feb.
9 116% Feb.
9
14
Jan. 29
11
May 21

May
May
May
May
May
May
May
May
May
May
May
May
May

1

'

Feb.

10% Feb.
% Feb.

% Jan.
5
We Jan. 25
94
May 28 105% May
3
95
Jan. 29
May 21 104

May

14

13

May 21

34

11

11

9%

53

13%
31%-

5% May 18
% Feb. 16

98
142

114

Sale

%
9

22%

May 21
Jan. 18

May 21
May 23
Anr. 12

May
May
May
May
May
May
May
May
May
May
May
Mar.
May
May
May
May

23
15
22

21
22

22
21
17
21
28

21
28

12%
3%
3 %
7%

Jan.
Mar.
Feb.
Jan.

2
8
6

5

Me Feb. 24
65
5

Mar. 20
Mar.
7

15% Jan.
Apr.
2% Jan.

50
2

4

13
6

Feb.

5

4% Jan.

24

15% Apr. 30
4% Apr. 10
81 % May
3
9% May
6
1% Jan. 24

14
13

35

Jan.

18

1

Jan.
Jan.

26

22

14

21

34

May 13

18

29% Mar. 13

15

53

17

108

"28""

23%

21

62

7%
%

38%

7%

8%

5%

41

Sale
Sale

58

4%
59%

58

60

Sale

74.

Sale
Sale

7

a?

Sale

11

10

5%
51%
54%

98
95% 100

95

%

Sale

%

%

%

Sale

32

%
16%
4%
%

,

Sale

8

56

Sale

18

%

25

10

8%

Selected Industries

25

..

14%

Sale

2%
2%

30%

%

common

105

110

1

Segal Lock & Hardward com.-l
Seiberling Rubber com
*
Selby Shoe Co com
*

5%

—

11

30

1

25
*

common

114

6%

36

Warrants..
Securities Corp Gen'l com

18

ft
%
104% Sale
•

1%

1

6%
3%
%
We
10% Sale
4% Sale
We
%
12%
13%
3%
4
1%
1%

%

Scranton-Spring Brook Water
Service 36 preferrek
♦
Scullin Steel Co

l!&

Sale

8

7

1

17

Sale

2

9

-*

.

24

8

8% May

34

37

%

Highest

Sale Prices
Feb.
May 31 125
9
May 21 154
May
8

2

6% May 22
May 17

7%

Sale

Lowest
Sale Prices

We

34

1

5

Sale

*

Scranton Elec 36 pref
Scranton Lace Co common

17$

13%

12

%

11%
41

2%

8

5% May 18

ft

10%

Prices

May 31 118% May
May
May 21 154
11% May
May 21

98
142

9%

39

22%
5%
%
12%
6%

Sale

Ask

Sale
98
Sale
145
153% 142
11%
5%
11

8%
%

104

5

"""620

11%

Highest
Sale Prices

Lowest

May 31

Ask Bid

152

Sale

.

1,100 Savoy Oil Co
5,600 Schiff Co com
37,900 Scovill Mfg Co

1

Bid

118%
153 %
16

12 %

.....

'""140

400

Ask

9
2,245 Railway & Light Securities
1,300 Kys & utll invest cl A com.-.1
Raymond Concrete Pile—
Common
123*
4.550
680
35%
$3 eonv pref
3,700 Raytheon Mfg com
50c
*
2%
6,500 Red Bank Oil Co
25 %
*
6,800 Reed Roller Bit Co
5%
3,200 Reeves (Daniel) com
*
%
11,200 Reiter Poster Oil Corp.
-50c
13%
5
2,750 Reliance El & Eng Co
6
1
518,900 Republic Aviation Corp
ft
8,200 t Reynolds Invest com
—1
6,700 Rheem Mfg Co
1
* "~6
1,600 Rice Stlx Dry Goods Co
1
1%
23,500 Richmond Radiator com
Rio Grande Valley Gas Co—
%
14,500
—1
Voting trust rt.fs
3,625 Rochester G & E 6% pf D..100
100
6% preferred C
100
Rochester Telephone Corp—
10
6%% 1st pref.
100 115
800 Roeser & Pendleton Inc
*
11%
Rolls-Royce Ltd—
Am dep rets ord reg
£1
11,000 Rome Cable Corp common—5
11H
5
10,000 Roosevelt Field Inc
13*
3
1
10,200 Root Petroleum Co com
7%
31-20 conv preferred
2,600
-20
H
10,700 Rossia Tnternat Corp
*
5,600 Royal Typewriter com
60%
*
3
2-50
4,400 Russeks Fifth Ave Inc
145*
55,200 Rustless Iron & Steel Corp
1
45
32-50 conv pref
1,800
*
-_*
2%
6,100 Ryan Consoi Petroleum
IK
16,600 Ryerson& Haynes Inc com—1
4
1,300 St Lawrence Corp Ltd
*
A 32 conv preferred
15'"-230
50
3%
351,200 St Regis Paper Co__
5
12,775
7% preferred
57%
.100
--1
7%
66,655 Salt Dome Oil Co
%
8,700 Samson United Corp com
1

75

May

1940

Par Bid
* 117
100 15Q

STOCKS

.

1

Jan. 2

Jan. 1

Shares

RANGE SINCE JAN.

Price

NEW YORK
CURB EXCHANGE

In

%

%
40%

%
4%
8%
%
2%

Sale
4%

35

9

%
2%

.

37
38

45
45

16

10
13

23 % May

45% Jan.
4% May
We May
% Mar.
35% May
% Jan.
3 % May
8% May
% May
2% May
35
May
37
May

Mar.

8

21

9% Feb.

8

21
7

1

2

21
1H

40

23
27
15

21
28

28

Jan.

1
Apr.
5
Apr. 30
1% Mar.
2

8% Jan.
11

Jan.

5
16

% Jan.
2
6% Jan.
5
59% Apr. 23
60
Apr.
6

Selfridge Prov Stores, Ltd—
American dep rets reg

6,000
400

500

16,725
1,400
7,650
870
200

500

85,900 Sentry Safety Control
800 Serrick Corp class B com
*
1,800 Seton Leather com
51,625 Shattuck Denn Mining.-_.-_5
6,300 Shawinigan Water & Power..*
27,950 Sherwin-Williams Co com -.25
5% cum pref A A A
1,690
100
*
1,100 Sherwin-Williams of Can
Shreveport Eldorado
Pipe Line stamped
.25
1,300 Silex Co (The) common
*
Simmons-Boardman
350

52,000
2,700

"""960
800
110

"2",700
7,300
1,100
2,600
3,200
2,800
210

1,000

400

2,200
3,500

17,600
21,200
2,050
9,300
2,790

300

'"8", 166
1,950
1,600
300
650

14,600
21,700
350

6,400
1,000

Preferred A

4,200

South Penn Oil
So West Pa Pine Lines

25

41

10

21%

150

250

$7 preferred

*

1
Standard Silver Lead
1
Standard Steel Spring Co
5
Standard Tube class B
1
Standard Wholesale Phosphate
& Acid Works

53.

2%
-----

1%
Sale

4%
2 %
Sale

30%
45%
1%
74

20

2

16

5%
2%

1%
ft
1%
6%
4%

10

12

17

%
1%
7%
5%
13%

May
3
May 14
May 10
May 11
May 10
97
May
1
112
May
3
9% May 10

23

8

May 21

14% May 10

We Jan.
May

1

5
18

6 % May 28

3% May 21
May 31

10

65

May 28

106

May 21
5% May 29

8

%
1%
1%

23
o

Sale

We Sale
1%
2%
2

2%

%

19% Sale

44

45

37

40

1%
70%

9%
4%

Sale

3%
7%
2%

Sale

15

Sale

20

1% Mar. 9
2% Mar. 13
8% Apr
12
6% Apr. 10
18% Jan. 31
100
4
Apr.
114% Jan. 10
11% Mar. 7

May 21

15% Apr.

16

Jan.

22%
4%
1 %
9%

108%

Sale
%

11%
19%

2%
Sale

1%
1%

Sal/®
Sale
Sale

12%
10%

1%
8

6

2% May
6
2% May
95
May 21 102
May

12

1% Jan.
1
May
9% Mar.
100
May
2

1%

15
18
27
21
22
22
28
21

1% May
1% May
4% May
2
May
30% May
29% May
44% May
1 % May

5
8

18

5%
Sale
27
2

10

May
May
May
May
May
28
May
25
May
1% May
8
May
4%
7%
2 %
15%
5%

1%
20

1

8
21
22
16

21
22

15
18
23

1 % May

16

%
8%
7%
17

Sale

28%

J*

1u

1%
2

9%
Sale

1%
25

1%
Sale

8%
Sale

May 22
15

6% May 21
15% May 23
1

8%
8%
16%

30

26%
98
105
102%
%
%
We
%
%
%

20

Sale

We
8%
17%

23

6%
7
%
We
7
21% Sale
1
1%
15%

24

28 155

3% May
1% May
May

24% May
35
May
1% May

5
May
10% May
4% May
20
May
7% May
39% May
30
May
2% May
16
May

20
6

We
19
1

May
May
May
May
May
May
May
May
May
May
May
May
May

May
Jan.
2% Jan.

4

15% May 28

May
May
May
May
May
May
May
May
May
May
May
May
May

10
31
7

9%
%
39%
1

1

6
8
2

27
4
21
2
1
9
15

15% May 28

1

1%
%
6%
15%

Jan.

8

Jan.

Apr

3

19

Mar. 16
Jan.

23

Apr.

9

May
May

1
1

Apr. 29

<5*

Jan.

3

35

Jan.

Feb.

24

2% Mar. 21
16
Apr.
2

1% May
8
May

2

22

20

14% Jan.
5% Jan.
28
May

11% May
19% May

41%
110%
%
We

170%
6%
11%
4%

Feb.

4

1% May
6
1% May 15

£88

2

72

Mar.

22

Apr. 20
Apr. 24
Mar. 26

% Feb. 21
3
1% Jan.
4
2% Apr.
5
Apr
2
6
2% Jan.
2
30% Jan.
30% Mar. 12
46% Mar. 12

May

27

Apr.

2% May
7
105% Mar. 11

Jan.

66

1%
%
7%

26

May

1

66

3

24
18

Apr.

95

10

Feb.

May
May
May
May
27
May
24% May
35
May
1% May
%
1%
3%
1%

1

Sale

110

9%
%
36%

9% Sale

May 28 134% May

6

We Jan.
1%
1%

40* M?
IK

5%
Sale

32

16

8

167

39%

37%

%

1%
56

May
1% May

174

39

Sale

ft

1%
75

27%

5%
30%

7%

Sale

107%

—

100

4%

1%
1

25

20%

Sale

10

~

29%

Sale

30 %

32

2
12%

-

30%
29%

.....

1%
11%
9%
20%

1%
11%

%
%
1%
3%
1%

1%
3%
1%
27%
25%

%
Sale

14

2

3

2

96

1%
1%

May 15
May 18

1%

137% 105% 108

2%

19

Sale

■x

27%
2%

Sale

12

26
Sale
1%

101

170
5

170

*

Standard Products Co

For footnotes see page




common

14%

23%
4%
1%
133

154

""5% ""5%

5

lass B

%
%
1%
6%

% May
1
May
6% May
4
3% May
16
10
Sale
10
May
Sale
97
65
68% Sale
May
111% 112% 107% 108% 106
May
9%
11
4%
5% May
5%

20

Southland Royalty Co

c

1%
2

25

300 Standard Brewing Co
._*
1
35,100 Standard Cap & Seal com
Conv preferred
10
10,900
Standard Dredging Corp—
Common
1
3,100
$1-60 conv preferred
20
900
3,550 Stand Invest $5% preferred. _*
10
43,300 Standard Oil (Kentucky)
25
55,900 Standard Oil (Ohio) com.
5% preferred
.100
1,800
1
29,900 Standard Power & Lt com

400

4,300
1,900
11,600

*

Spalding (A G) & Bros Inc
1
5% 1st preferred..
*
Spanish & General Corp Ltd
Am dep rets ord reg shs
400
£1
*
3,700 Spencer Shoe Corp
700 Stahl-Meyer Inc com
*

1,570
16,300
28,000
24,800
1,500

370

Sale

14

1%
% Sale
/is
2
1%
7%
8%
6
5%

Pub

pref

tf
im
el*

3,000
6,900

1,300

conv

iH

1 %
7%
9
5% Sale
18%
18%
94% Sale
113% Sale
10% Sale

H

975

150

Corp

%

1%
192,700 Simmons II'ware & Paint Co..*
1
6,900 Simplicity Pattern Co!
1%
100 Simpson's Ltd B stock
100 152
2,300 SingerMfg Co
Singer Mfg Ltd—
Am dep rets ord reg shs—£1
900
260 Sioux City G & E 7% pref.100
500 Skinner Organ Co common—5
7,000 Solar Mfg Co
37,600 Sonotone Corp.
1
4%
5,000 Soss Mfg Co
1
16,900 South Coast Corn com
30
19,700 Sou Calif Edison 6% pref B..25
5% % pref class C
12,900
25
5% original pref.
980
—25
25
4,600 Southern Colo Power cl A
7% preferred
100
30
140 South New Engl Telep Co-.100 162
1,300 Southern Phosphate Co...-.10
10
4%
20,200 Southern Pipe Line
*
2%
17,500 Southern Union Gas com

275

2,700
1,120

£1
1
1

2

May 22
Mar. 6
Jan. 23

May 21
May 23

May
8% May
8% May
16% May
26% May
102% May
1

We Jan.
2
2% Mar. 21
2

Jan.

4

% Jan. 23
16% Mar. 23
24

Mar. 15

2% Feb.

9

14

Mar. 15

11

Mar.

1

20% Feb. 15
41% May
8
110% May
2

Mar.

Jan.

3

20

Mar.

Jan.
27% Jan.

11

6

May

.8 May
Apr.

19*' May
1

Jan.

15% May 28

10

10%
We
40%
1%

Apr.

12

Jan.

15

Jan.

3

Feb.

8

21

Feb.

29

YORK

NEW

JUNE, 1940]

CURB

49

EXCHANGE

AGGREGATE
PRICES IN MA Y

SALES
Since

May

Shares

50

6,100

*

4

35

'

l"950
1,200
500

32,400
900

2,200

Stroock

9,600
3,400

38,000
15,900
3,000
19,100
109,900

■

400

6,000

%i
9#
10#
12#

Swan-Finch Oil

4#
K
10 K
Sale
13#

40

Sale

34#

35 K
30

—

-

6

7

Sale

5K

Sale

30 K

Sale

iH Sate*
no*

-J00

Sale

2
5

20

1
*

MB

*

60

*

Sale

Sale

15

111K 112#
2# Sale
21
20 K
14
13 K
IK
56 K
58#
Sale

5

IK
1#

Sale

12

3#
36

9#
8#
2

2#

2# May 27

May 15
May
May 15
May
2
May
May 16
May
9

4# May

yu May 21
Apr.
4
12

Jan.

12
2

May 21
Jan.

33

29

6

May
5# Jan.
1# Jan.
1# May
2 # May

3

18
23
15
18

27
1
25
21
23
16

% Mar.

lit

8#

6

7 K

8#
IK

9#
1

33

20#

7 #

May
6# May
8
May
1# May
34
May
21
May

40

22#

7K
4K

Sale

Sale

8K
6K
1#
2K

15
21
15
18
22
3
18

25
21
23
16
21
28

7 # May

10#
10#
12#
1#

May
May
May
May
40
May
35# May

6# May
8
May
1 # May

5

IK Jan.
Feb.
Apr.
4# Feb.
38
Apr.
9# May
9# Apr.

5

62

20

15

23
16

24

2
8

Jan.
3# Feb.

12

4# Jan.

10

Jan.

16
8

2

19

10i
Apr.
13# Apr.
15
Apr.

4

5

Jan.

2

2

33

Mar.

21

May 28

40# Apr. 25
36
Jan. 22

Jan.

13

15

13

6#

Technicolor Inc common--—-*

610 Texas P & L 7% pref
11,300 Texon Oil & Land Co
26,500 Thew Shovel Co common
19,100 rilo Roofing Inc
800 Tishman Realty & Constr
1,500 Tobacco & Allied Stocks
16,500 Tobacco Prod Exports

36#
—

11

1
—*
1
-1

Taggart Corp com
Tampa Electric Co.
Tastyeast Inc class A--Taylor Distilling Co---

3

Sale

May
2
May
36
May
6
May
.5# May
1# May
1# May

38 K

6

38

Corp-———15

% May
57

12

3K

2#
35

6K

X
9#
10#
12K
1#

Sale

Sunray Oil
534% conv preferred
Superior Oil Co of Calif
Superior Portl Cement A—— *
Class B common
*

3",900

"

2#

Highest
Sale Prices

#6 May 21

11

Sale
IK
2K

IK
2#

Lowest
Sale Prices

45

10

Sale

8#

6
2

-

""*300

3#

Highest
Sale Prices

#

K
35

15
Sale
39

34 #
8

5#
1#
2#

--5
*
♦
1
1
50
25

(S) & Co Inc

Sullivan Machinery Co
Sun Ray Drug Co com

"

250

Sale

Lowest
Sale Prices

Ask

57

13 K

4

Stetson (John B) Co com
Stlnnes (Hugo) Corp

3,700
2,000
4,150
7,900
6,500
70,699
4,450
7,600

% Sale
52

13 #
Sale

j

May 31

Ask Bid

Bid

Sale

600

2,025

3,900
4,950
5,400

*

400

9,300
2,100

3,700
30,400

#

12

6% 1st preferred-—50
5% 2d preferred
-—20
27,950 Sterling Aluminum Prod
1
4,800 Sterling Brewers Inc
1
13,400 Sterling Inc
1

25
450

500

1

1
*

9,000 Sterchi Bros Stores Inc

2,200

Ask

|

1

May

1940

Par Bid

STOCKS

(Continued)
23,500 Starrett (The) Corp vtc
275 Steel Co of Canada ord
1,650 Stein (A) & Co com

6,100

1

Jan. 2

Jan. 1

Shares

RANGE SINCE JAN.

Price

NEW YORK
CURB EXCHANGE

In

9K
5#

2#
25^4

6

May 14

6# May

#

2# May 21
5# May
25# May 23 30# May
# May
9
# May
1
# May 21
May
10
Sale
8# May 21
15# May
96
102# 103
May 22 112# May 11
2
2#
May 15
2#
2# May
1
13 K Sale
21
12# May 21
May
3
9
10# Sale
May 15
14# May
3
K
IK
50
51
58
48# May 21
May
9
4#
4#
3# May 22
5#.May
8
c

9

May 14

6

2

3#
26#

K

13

9
19

Jan.

6

2# May
May
Apr.

25#
#
#
8#

Jan.

9# Jan.

36#
#
1#
16#

Jan.

May

103

23

Jan.

6

Apr. 23
Feb.

8

Mar. 20

114

May
2
May
12# May
9
May
K Jan.
48# May
3# May

2

Jan.

2
2# Jan.
8
24# Apr.
15
Apr.
8
1# Apr. 26

Jan.

59

26

5# May

8

Tobacco Secur Trust Co Ltd—
Am

600

"2",350
360
'

130

"""700
13,900

6,100
4,400

Am dep rets def reg
300
5s
6,525 Todd Shipyards Corp
*
880 Toledo Edison 6% pref
-100
7 % preferred A
410
100
300 Tonopah Belmont Dev
10c
3,800 To no pah Mining of Nev-__-_l

29,700 Trans-Lux Pict Screen
23,800 Transwestern Oil Co

com.

47,600
700
200

5,900
1.400
200

5,100

41,400

IK
64#

10K
K
K
70
72 K
107
107#
Sale

_1

*
1

8

Class A
1
7,850
13,800 Tung Sol Lamp Works com—1
80-cent div pref
-_*
6,500

220.600 Udylite Corp
4,300 JUlen & Co series A pref
Series B pref
700
25,600 Unexcelled Mfg Co Inc
3.800 Union Gas of Canada--

K

10

*

36
3#

8

7K

Sale

6

K

K
^
11#
17 #

Sale

3#
18#

700

69,400
2,500
50

93,700
7,500
4,800
330
20,900
4,200

28,200
350
17

Common
;
8,000
$3 cum partic pref
1,800
432,200 Un Cigar-Whelan Stores
33,000 United Corp warrants
750 United Elastic Corp

13K
59

—

10c

14

4
18K

14 K

Sale

*

Sale
Sale
% Sale
#«
h
7#
8
1# Sale
105
105#

Warrants

22,400

Common class B

*

675 United Milk Products

*

Sale
24#

4K

com.

$3 participating preferred--*

52

#
#
34 K
22
68

5K

78

35 K
26 K

Am

10

1,700

720
4,700

34,900
400

1,700
1,700

22,600
6,600
2,800

3,300
18,600
500
40

1,900
51,600

reg

80 United N J RR & Canal—100
10,800 United Profit Sharing com.25c

10% preferred

100

11",900

dep rets lor ord

25
38,675 United Shoe Mach com
Preferred
---25
2,700
1
21,600 United Specialties common

133,300 U S Foil class B
1,400 U S Graphite Co

—*

5
__*

common

12,500 U S & Internat Sec

com

1st preferred with warr
9,965
*
»
115,100 U S Lines Inc pref
1
44,000 U S Plywood Co common..
$1.50 conv pref
20
19,100

8,400 U S Radiator

50c

2

Universal Consol Oil Go

10

Universal Cooler class A

-*

900

1,500
600

11,300
1,525

Class B

"l'.eoo
550

4,306
350

5,500
50

2,400
16,300
300

1.300

8,400
100
■

"2,300
1,700

3,000
1.500

2,300

—1
8

7,100 Universal Pictures com
7,250 Universal Products Co

-

1

...5
*

com

5,100 Utility Equities common
$5.50 priority stock
3,125
2,700 Utility & Ind Corp com

61

Sale

3# Sale
22

30

Sale
Sale

IB

22,800 Valspar Corp common

1

1$
14#
4

2

15#
5

3$
17
8

Sale
17#
9#

62

Sale

Sale

57#

Sale

40

Sale

6

Sale

7K

4#

3#
4#

4#
7

69

Sale

5#
27%
34#

Sale

47#
2#

Sale

22

Sale

28

2

4K

aW
Sale

#
2#
11

4K
IK
6

21

9#

5K

a

,#8

Sale

13 K

5#
2#
Sale
23

11K

K

Sale
Sale

1#
54

1#
1.
18# Sale

13 K

#8
IK
9K

26 K

K
13#

28#

24

»

4#
5#

5#

Class B
3,300
9,200 Walker Mining
2,500 Wayne Knitting Mills

Co

common

*

IK

U

*

6

Sale

85
12#

4K
7#

Sale
8K

'

4

1

1

__5

13
2

it*
3#

55#

6# May
K May
# May
3# May
11# May
2K May 21

18# May

7

15K May

10

15# May
May
May
May
7 # May
IK May
108# May
8
1
% May
85# May 10
May
3
% May 8
36# May
3
1
26# May
74
May 14
o

22
23
21
29
21
28
23
23
23
7

»/6 May 15
1# May 21
4

K
2#
15
4

14#
1#
48#

May
May
May
May
May
May
May
May

15
22
20
27
24
21
22
28

39

,

#

IK
12
1
17

7#
3K
5#

4#
1#
%
12 K
1#

8#

1#
5#

4# May
May
1 # May
6# May

20

May 21
May 18

# May
May
May
K May
63
May
7
May

Mar.

6

Jan.
Apr.

4

it Apr.

9

26
IK Apr. 15
7
3K Jan.
3
#8 Jan.
Jan. 31
*8K

22
22
28
21

3# May 21
# May 21
# May
8
1# Feb. 19
7# May 22
2# May 21
14# May 28
64# Jan. 18
5# Jan. 15

10K
39#
3#
8

Jan.
3
Feb. 21
Jan. 20
Jan. 11

6K Apr. 29
i# Jan. 11
Jan.

1

3#
13#
3#
19#
64#
15#

8# May

5

22
6
29
8
18
10

16

May
May
Jan.
Jan.

Apr.
Feb.
Feb.
Apr
Jan.
May

65

59#
#
#
6#

Apr. 17
Apr. 24
1# Mar. 30
3
K Jan.

ib

% May

0

88

20

70

Feb.

#
79

#
#
16#

Feb.

14

Jan.

4

108# May

May
Feb.
May
May
May
May
May

Jan.
89
Jan.
1# Jan.
Jan.
o
39
Apr.
27
Apr.

8
3
11
3
3

8
2
Mar. 27

74

5# Feb. 23
29
16 243# Feb. 20
IK Feb. 19
8
7# Apr.
3
3
18 83# Jan.
2
31 45
Apr. 27
7K Apr.
21
8

6K May
9
6# May 15
K May
70
May
5# May
27# May
34 K May
2
May
5# May 11
# May 21
4# May
7

3# May
3
May
# May
52# May
1# May
19# J&n.
26
May
1
May
2# Feb.
#« Jan.
4# Apr.

22
23
21
29
21
15
23
23
2
5

6

Mar.

6

# Apr. 11
2# May
3

74

May
May
May

45
6

# May
2# May
4
1 #
6#
23 K

7

21
2

70 K

May
May
May
May
May
May
May
May

53

27

1# May 21
15
20
3

10
15
1
10
8

K May 10
May
1

1# May
14 K May

23

1 # May
1
26# May
9
28 K May 10
1# May
2
84
May
4
12
May
3

May 15
May 21

4# May 17
5
May 21

21

Sale
6

4

May 15
# May 22
2# May 20
15
May 27
4
May 24
14# May 21
1# May 22
48# May 28
1# Feb. 27
# May 29
39

May 28

7# Feb. 20
8
Apr.
1
# Feb. 10
71
6

Mar. 21
Mar. 19

28#
35#
2#
5#
K

Apr.
Apr.
Apr.
May

17
17
15
11

Jan.

11

Jan.

3

5# Mar. 26
2

Mar. 21

6# Mar. 25
24

Mar.

1

13
Mar. 25
23# Apr.
8
2
May 10
72
Apr. 23

1# Feb. 27
1 # Jan. 24
55# April 10

21
13
28
18
22

% Jan.

11

1# May 21
May 18

2# Apr.
20# Jan.

3
3

10

# May 21

4#
%
#
12#
2

May
May
May
May
May

23
15
22
28
14

5# May
7
1# May
2
K May
2
15# May 13
2 K May • 2

1# Mar. 27
Apr.
4
Apr.
9
1# Jan.
3
84
May
4

17

Jan.

25

29

21

May
May
May
May

28
18
22
23

30

May
May
Apr.
Apr.
Feb.
May
May
May
May

15
21
17
26

6
6# Apr.
4
10
Apr.
74
Apr. 17

6

7
5# May
1# Apr. 29
1# Feb. 24
15# May 13

63
7
3
5

74

6#
1#
K
12#
2#

'

115

6
7
7

May 16
May
4

75

2
Sale
IK
1#
%
%
14#
15 K
2K
2#

70

109

#6 Apr.
#6 Jan.
# May
2
May
# May
z8# Jan.

#6 Mar. 20
1 #

10

25

#

#
60

# May 29
May 28

May
May
May

104

4K Jan.
239
May
# Jan.
7# Apr.
54
May
39# May
3# May

May 16 239
May 18
1

3# May
3
May
# May
52# May
1# May
20# May
26
May
1
May
2# May

55
95

3

65

54
May 18
39# May 31
3# May 21

#

Sale

75

»

1

1

83#
U#

17
Sale

43

27

nl*

1 #

K

25

75

8# May
7
May 14
May
2
7 # May
2

30

1#

1

Sale

8# May
59# May
# May
# May
7# May
% May
88
May
# May
79
May
# May
# May
16# May
20 k May
74
May

% May 27

7#

5

38

10 K

9# May 15

4# May

4* 4*

1 %
69 K

IK Sale

IK
3#

iB
VA.l\

i3#

15

2#

2&

Sale

A*

52
„

Sale
Sale

1#
3#

IK

4*
72

22

3# May 21
# May 21
# May
8
1# May 24
7# May 22
2# May 21
14# May 28

239

19#

1

.

8Ks

e*6
4#

1

IK

20

4#

53* Sale*

100




83

26

20
7% preferred
600 Wahl (The) Co common
4,000 Waitt & Bond Inc class A

53.

23#

18

5,400 Wagner Baking com vtc

page

20
71

1
IK
52# Sale

IK

Sale
Sale
Sale

25

17,800 Waco Airfraft Co

see

83

5

1,480 Virginia Pub Serv7% pref. 100
»
4,900 Vogt Mfg Corp

For footnotes

Sale

1

21

"lli Sale"

14

90# Sale

com. 5

$4 conv pref

9,550 Van Norman Mach Tool
78,200 Venezuelan Petroleum

11,500 Wellington Oil

245#
%
I
6#
8K
73 K Sale

4^

1

10c
1

5
Conv preferred
7
20,100
9,550 JUtil Power & Lt 7% pref—100

2,125

60

#6 Sale
# Sale

4#

6K
#

*

39,500 Utah Idaho Sugar Co_
6,900 Utah Pr & Lt $7 pref
100 Utah Radio Products

"

4# Sale

-

83,300 Universal Corp v t c
1,300 Universal Insurance

4K
240

4K

■"K

50c
*

8,000 United Stores Corp com
112,200 United Wall Paper

400

9#
55

#
#

77 K

73

44

"4

.1

common

1,200 U 8 Stores Corp com
$7 conv 1st pref
180

""300

300

'83K Sale"

14#

Sale

21

,

29,200 U S Rubber Reclaiming---._*

"""loo
19,500

"H ""#

10

4

2#

14#

79

Sale
Sale
Sale
Sale

United Molasses Co Ltd—

1,400

8#

#

88

85

*

$0 1st pref

30,300

159,700

3#
#
#8

3#
K

Sale

460 United G <fc E 7% pref
100
109,300 United Lt & Power com A—

May 17
May
1
May 16
May
2

10

Sale
26#
2
7

11#

65

K

22
28
21

#6
IK
2#
K

49

15 K

61
Sale

*

265,500 United Gas common
$7 1st non-voting pref-28.500

1#
6#

14
28
22
15

4# May
May
1# May
6# May

2#
#8

#
7 K

23#

May 22 72
May
7
May 21 106# May 13
May 24 115
May
1

May
% May
2
May
# May

iB

1
2

7

56

""6# Sale"

104

1

Sale
12

# Apr.
55
95

K

o

3

*

United Chemicals Inc—

1,500

#6

10# Jan. 20
% Apr. 25
76
Apr. 23

10# Mar.

K
58#
100
108

5K

3

1
*
*
10

*
900 Union Investment Co com
16,000 Union Premier Food Stores._1
25 Union Stock Yds of Omaha. 100
1
134,800 United Aircraft Prod--

103

Sale
2#

33

Common

.

c

1K
2K
K
7#

27,200

#
57

97#

K

Ks

10

-

10 K

10 K.

115

19,600 Tri-Continental Corp warr
200 Trunz Pork Stores Inc
Tubize Chatillon Corp—

12,800
1,300
4,800
2,900

14

dep rets ord reg shs—£1

1#
3#
#
#

12#
2

15
22
28
14

12

2

4

Mar. 30

Feb.

Jan.

17

22

NEW

50

YOEK

EXCHANGE

CURB

AGGREGATE
SALES

STOCKS (Concluded)
Par Bid
%
1%
.1-25
15,200 Wentworth Mfg (Jo
4%
Western Air Express Corp
1
74,600
450 Western Grocery com
Western Maryland Ry—

.

330

1,450

*
20
10

Common

50 Westmoreland Inc

50

West TexasUtil

240

680

5,600

850

17,100
1,950
12,400
8,000
3,400
11,900
2,075

60

1%
5

_„_20

325 Westmoreland Coal Co

325

May
Ask

15

*

17

5,300
2,600
1,400
4,100

2,000
4,500

2,100
200

39,800

153
654
654

1753

154
Sale
6 53
55

Sale

Lowest

153

154

453

5

3

,

Weyenberg Shoe Mfg Co
Wichita River Oil Corp

1
10

Williams (R C) & Co

Williams Oil-O-Matlc

*
*
1

Htg

Wilson Jones Co com

Willson Products Inc.

.

654
554
653

2*

7
Sale

8
11

11%

31

1253

15
1053

454 Sale
653
6%

5s
*

11%
1254
654 Sale

6,800
Am dep rets ord shs
129,500 Wright-Hargreaves Ltd_

5

Sale

9954
254
753
554

9253

153
5

5 53

553
654
154

Safe

4

Sale

8

Sale

153
653

11

Sale

8

554

2
8

May 26
953 May 17
1053 May 17

10

55

May

9

1753 May
1
1154 May 13
1053 May 17

9
May 22 10054 May
253 May 10
154 May 18
7
15
May 10
354 May
5 54 May
4
554 May 13
654 May
1
4
May 21
154 May
1
54 May 18
8
May
1
554 May 24
11
May
1
754 May 28

92

Sale

Sale
654
5 54
553
153
Sale
953

Highest
Sale Prices
2
Jan.
3

1
May 18
353 May 21

31

11

753 Apr.
653 Apr.

16

Jan.

May

18

5953 Jan.

6

14
May 26
953 May 17
1053 May 17
92

May
154 May
354 May
554 Jan.
4
May
54 May
554 May
754 May

1

1753 May
1
11% May 13
1053 May 17
102

Feb.

8

Jan.
Feb.
Feb.

2

,

253
7%
654
754

Jan.

19
15
19

Mar. 14
26

953 Mar. 23
11% Jan.
8

3

10953 11154
4
4 53
654
653
553
553
1053

May 18

14

953

1

Winnipeg Elec com cl B
*
Wiscoasin P & L7% pref_.100
8,100 Wolverine Port Cement-.--. 10
-.2
19,800 Wolverine Tube Co com
1
5,300 Woodley Petroleum Corp
Wool worth (F W) Ltd—

16A May
May

6

45

1153

7%

7

35

9954

!H

Sale Prices

653

10

*
*

Lowest

Sale Prices

1
May 18
353 May 21

Ask

itier Co—

$6 preferred
W Va Coal & Coke com

Highest

Sale Prices

May 31

1

Ask Bid

1053

"""200

900

Bid

50

7 % 1st preferred
100
Western Tablet & Stationery—

670

450

1

Price
Jan. 2

1940

6,500
13,100

RANGE SINCE JAN.

PRICES IN MAY

NEW YORK

CURB EXCHANGE

98

96

10154
3 54
554
453
5
5

.,

5

1153
5 53

353

May 24 102

353 May 21
453 May 22
453 May 21

353

10 53 May

t 10

3 54

.

2
353 May 28

4

May 17
May
8

6 53 May

10

553 May

3

1053 May
5 53 May

98

May 24 112
353 May 21
453
453 May 22
753
4 53 May 21
554

1053 Apr. 26
353 May 28

Apr.

4

Jan.
Jan.

4

Jan.

22

9

12% Feb. 28
653 Jan.
5

BONDS—

238,000
42,000
82,000
43,000
61,000

843,000 Alabama Power
95,000
1st & ref 5s
218,000
1st & ref 5s
185,000
1st 5s
323,000
1st & ref os
3,041,000
Deb 6s
108,000 American

125,000
196,000
21,000

272,000
573,000
108,000
1,000
813,000
2,586,000

293,000
9,000
257,000
2,000

142,000
13,000
192,000
59.000

33,000
46,000

1,000
1,000

271,600
196,000
16,000
114,000
.

52,000
182,000
42,000
142,000
302,000
207,000
47,000
246,000
7,000
2,000
55,000

Assoc Gas & Elec 453S--1948
^s deb
1968

178 000

2,709,000
3,000
2,241,000
11,000
209,000
1,861,000
458,000
88,000
185,000
43,0.00
40,000

4,137,000
1,681,000
565,000
326,000
1,000
1,254,000
709,000
139,000

Locomotive
AConvertible 6s

763, 000
321, 000
577, 000
326, 000
687, 000
1,358, 000
1,515, 000

Works—
1950

Bell Tel of Canada 5s B-.-1957
Bethlehem Steel 6s

1960
1998

6s registered
Birmingham Elec 453s
Birmingham Gas 5s

1998
1968
1959

58 series C

Broad River Power 5s A--1954

1953

Canada Nor Power 5s

Canadian Pacific Ry 6s—1942
Central Power 5s ser D

1956
1957

Cent States Elec 5s__

1948

Carolina Pr & Lt 5s_

1954
Cent States Pr & Lt 553S--1953
Chicago 111 Midland Ry—
453s series A
1956
159, 000
783, 000 t AChic Rys 5s ctfs of dep._192?
121, 000 Cincinnati Street Ry 5538-1952
46 000

553s.

2553
2853

Sale
Sale

May 29 10353
May 29 10553
May 28 10553
May 15 10854
May 17 10654

May
9
May 13
May
9
May
3
May
3

141

Sale

9754
9454
10053

Sale
Sale
Sale

104 54 10554 10454

10853

Sale
Sale

121

May
1
9054 May 25 104
97
May 16 10254 May 10

Sale

125

10853 Sale
12753 130

98 54 May 29 10353
Apr. 10 10553
99
May 28 10653
105
May 15 109
10453 Feb. 27 10753

104

Apr
Jan.
Jan.

16
19
19

Feb.

28

Jan.

15

.

10353 May 13 10553 May

6

106 54 May 14 10853 May
123
May 22 12753 May

1

10

9054 May 25 10553 Jan.
.97
May 16 10353 Apr.
Feb.
10353 May 13 108
10654 May 14 11153 Jan.
123
129
Jan.
May 22
127

10554 106
5353 Sale
17

10353
4154

18

.11
11

.1154 May 25

13

Sale

12

10

17

Sale

12

17

1054
1853
11
1753
1754
53
7253 Sale
107
10753 10454
110
Sale
10454
90
10153 103
90
96 54
9 7 54

118

Sale

11154 Sale
11254 114
14953 151

10

Sale

May 21
May 15

May 22

1154
12

17 54 May

6
1

1353 May
17
May

8
1

1154 May
May
10
May
10
May
16 54 Apr,
1053 May
10
May
53
May
104 53 May
103 53 May
9553 Jan.
92 53 Jan.

May
53
May
10453 May

58

105

10353 May
101
May
96 54 May

106
100

100

16

May

May 10
May
4
May
1
May
2
110
May
1
101
May 14
9654 May 10

10

95
May 21 13053 May
9154 May 31 11154 May
May
9054 May 31 112
140
May
May 24 152

10654 Sale
9154 Sale
9054 Sale
13853 145

3853 May 24

9954 Sale
7853
81
10653 Sale
9953 Sale
3853 Sale
38

Sale

7454

Sale

10453 10554
4653 Sale

Sale

93

Sale

90

98

Sale

9154

Sale

91

98

97

10154 10254

8754
7553
10453
101

3653
36%
7754
104
40

88

' 93

8553
9154

...1966

77

79

7653

92

6753
Sale
62
7553
10354
Sale
Sale
9653
2653
3753
3754
Sale

2753
6754

9953 May
May 24
98 54 May
May 21
May 16 10253 May

Sale

6753 May

64
Sale

64

10353
9553
9753
25 53
29
Sale
2553
Sale
6453

May

10554 10354 10454 10353 May 21 10454 May
Sale

8754
93 53
Sale

44

Sale

37

77

80

78

May 23
May 21

77

84

91

May

7153

73

70

47

10353
9553
2553
25 53
6453
8

7

May 21

7854 May

3

Jan.

3

Apr.
Jan.

4
2

Apr.

13

Jan.

4

Jan.

2

Feb.

8

130% May 10
116
117

Jan.

9

Jan.

24

152

May
7
Jan J 29

Jan.

139

May
May
May

10354 Apr.

9953 May
9
9953 Jan. 20
2

28 10053 Jan. 10
83% Jan. 25
24
16 107% Jan. 16
23 101% Apr. 10
41
Jan.
8
21
22
4153 Jan.
8
83
May 22
Apr.
5

10353 May 21 106
37
78

May 23
May 21

3

90

Jan.

4

9

70

Jan.

31

May 27
3

8654 May
9154 May

97

Jan.

6753 May
64
May
May
May
May
May

8754 May
7553 May
10453 May
101
May
3754 May
3754 May
78
May

May
May
May
May
May

91

9

8

107% Mar. 30
110
Apr. 12
105
Apr.
8
9854 Apr.
4

95

90

3

Mar. 29

6253 Jan.

75

3

9
8
8

3

2854
1653
2654
16 53
34%
28%

May
91% May
9054 May
May
7, 140

10,
l1

Feb.

16

30

10

139

9854

9 127

102 53 May 22 108

1553
1654
7254
10753

1053 May

Feb.

7
2

10253 May 22 10653 May
3853 May 24 5353 May

Sale
Sale

10

1754

1955

68 series B

278,000 Cities Service 5s
5s registered

11653 11753
11553 Sale
11654 117

9253

10353 Sale
102-54 103

86

49

Jan.
Jan.

8
17

93% Mar. 23
9553 Mar. 14
80

Jan.

7853
6953
7753
7053
76%
9253
9253

Jan.
8
Mar. 15
Jan.
8
Feb. 19
9
Jan.
4
Jan.
4
Jan.

8

1966

Conv deb 5s

.1950

5s registered

1958

7654

Sale"

75

7053

Sale

65 53 May 21

9

6553 May 21
6953 Mar. 15

75

Sale

74"" Sale"

7054

Sale

66

May 22

7653

May"

2

66

74

Sale

70

71

67

May 21

76

May

8753
8754

Sale
Sale

8053

Sale

82

Sale

2
9
9

Sale

7753 May

1950

5s

980,000
361,000

3,340,000
1,528,000

225,000
2,000
16,000

.1957
1,253,000 Community Pow & Lt 6s
Conn Ltg & Pow 7s A
.1951
13,000
Oonsol Gas of Bait 4^s__. .1954
42,000

58,000
37,000
31,000
104,000

99
Sale
Sale
9854
10453 10454 104
10553 10453
99
10053 102
10453 Sale
105
10553 Sale
10753 Sale
10453
10553 Sale
10654 107

103

84

243",000

180,000
840,000
14,000
319,000

10553
10754 Sale
107
10753

5s registered
1968
*4Ms series C
...1949 2654 Sale
4 53s registered
1949
34
Sale
*5^8 conv deb
1977
♦Conv deb 5s
1950 2853 Sale
7253 Sale
Assoc Tel & Tel 553s A—.1955
Atlanta Gas Light 453s—1955 10654 109
Atlantic City Elec 3%s.__1964 10653 Sale
9453
9553
Avery (B F) Sons 5s w W-.1947
9153
9253
5s ex-warr
1947

1,000
1,492,000
3,000
702,000

31,000
43,000

105

104

Appalachian El Pow 453s-1948 10753 Sale
11153
1st mtge 4s
—1963 111
129
Appalachian Power 6s
2024 126
6s A registered
2024
Arkansas Pr & Lt 5s
196b 10654 Sale
6053 Sale
Associated Elec 453s
1953

2,491,000' 7,842", 666
506,000

Sale

104

2016 10453 Sale
99
101
Seating 6sf stpd_1946

Baldwin

2,365,000
766,000
271,000
124,000

10254

American Power & Light—

837,000
24,000

194", 000

1967
1956
1968
1946
1951

453s

5s registered

1949

553s gold deb

Jan.

30

68% Mar. 13

1958

6s
1969
Cities Service P & L 553s_1952

76
7453
9153 Sale
9254 Sale

Sale

12654 12953

9653 Sale
13453 136
12653 127

10753 10754
10953 11054

11053

9254
132

140

85

7654 May 23
7554 May 23

Sale

127

130

125

128

9153 May
9154 May

81
May 21
9754 May
9
May 29 13554 May 11
12453 May 21 12654 May 11
127

.

66

Jan.

31

76 54 May 23

75% May 23

81
97% May
May 21
127
May 29 135% May 11
12453 May 21 127% Jan. 24

Consol G E L & P Bait—

322,000
152,000

.1969

3s series P

3%s series N

....

.1971
.1943
.1958

JSt*
92

.1944

60

1,025,000 Cudahy Packing Co 3 %s_. .1955

96

6s A stamped
899,000
Continental G & El 5s
3,659,000
Cuban Tobacco 5s
80,000

...

Delaware

Elec Pow 553s—1959
161,000
ADetroit Int. Bdge 653s»_ 1952
250,000
ACtfs of deposit
266,000
A25-yr s f deb 7s
1952
294,000

1,406,000
89,000
726,000
9,000
17,000
102,000

4,019,000
432,000
2,331,000
118,000
79,000
347,000

8,000
25,000

15,000

61%
Sale

10653
5 53
654

4

Eastern Gas & Fuel 4s A-.1956
Edison Elec Ilium 3538—1965
Elec Pow & Lt 5s
2030
Elmira Wat Lt & RR 5s.. 1956

7753
11054
8053

El Paso Elec 5s A

1950

Empire Dist Elec 5s

1952

105
105

8853 Sale
93
Sale
6153 Sale
9854 Sale

78
83

Sale

75

Sale

80

49

55

50

9553

96

95

10554 10653 104
454
653 Sale
4 54
653 Sale
53
53 Sale
.

553
5 53
53

104
5

May 22 109
May 10
May 28 11053 May
8

Sale
7454
10853 108
70
7053
7 1 54
11054 11153 110

107

4953

32
109

26
Sale
11053 108

Sale

10053

Sale

93

Sale

45

27

108

103

10453 10453 10253

104

Sale

May 28
May 28
May 21
May 20

May
May
4
May
53 May

8054

105

Sale
Sale
Sale

Sale
Sale
Sale

Sale

10454 10553
10353 104

105

105

Jan. 30
May 22 109
May 28 11153 Apr. 29

90

May
May
6153 May
9953 May

8

94

22 106
16
653
22
653
21
53

May 10
May
1
May
1
May
1

May 22 8553 May
May 20 111
May

75
80

8
8

9

9
83
May 18
May
8
May 23 11953 May
8
103
May 17 105
May 13
10154 May 22 105
May
9

50

93

May
May
May
Feb.

28
28
21
26

90% Mar. 12
94

May

61% May
99% May

8
8

8

May 22 107
6%
May 16
6%
May 22
1,
May 21

Jan.
Apr.
Apr.
Jan.

20

74% May 22 8553
May 20 112
70
May 18 8453
110
May 23 120
103
May 17 106
101% May 22 105%

May

9

Jan.

4

Apr.

3

104
5
4

108

22
19
8

Mar. 29

Apr.
5
Jan. 25

Ercole Marelli Elec Mfg—

109

Federal Water Serv 5538—1954

99

'

Sale

Sale

-----

1967

66,000

1

119

66^000 Erie Lighting 5s
633 000

10853 105
10553
Sale

8253
11053
8253
11954

1953

3,000

Sale
Sale

106

653s

162,000

108

Consol Gas Utilities—

4354

111
Sale

Sale

32
May
1
May 31 10953 May 17

2553 May 31
108
89

May 22 101

41

May 22

3054 May
2 47% Mar. 15
May 31 109% Jan.
9

108

7

89

May 22 10153 Apr.

May 22

22

Jan.

May

6

Finiand Residential Mtge

toe footnote

6s stamped

see page




53.

1961

2053

2353

2653

5053

41

3

57

Apr,

6

AGGREGATE
SALES

PRICES IN MA Y

Since

May

_

curb exchange

$

$

May

1940

1,099",000

BONDS (Continued)
7s_195<

Bid

Ask

AFirst Bohemian Glass

656,000

Florida Power Co 4s C....1966
2,046,000 Florida Power & Lt 58--.-1954

1,000

121,000
195,000
4,000
7,000
200,000
2,000
125,000

486,000
16,000

98 %
104

.

1,254",000

8,000
21,000
16,000
38,000
23,000
2,000

234,000
123,000
23,000
144,000
44,000
28,000

Gen Bronze conv deb 6s. .1940
.1953
Gen Pub Serv Co 5s

Gen Pub Utilities 6 %• A. .1956
* Gen Rayon Ltd 6s A... .1948
Gen Wat Wlcs & El 6s A. .1943

iGesruerel 6s
Glen Alden Coal 4s.

"80" "8i}i
98 H Sale
98 % Sale
74
76

96% Sale

1965

—

Gobel (Adolf) deb 4%s.. .1941
Grand Trunk West Ry 4s 1950

Great North Pow 5s stpd- .1950
Green Mountain Pow 3 %s_1963

66 %
17
71
75 %

78%

.

39,000
23,000

~I"5",566
4,000

AHamburgElec Co 7s
.1935
iHamburg E & Und Ry 5%s'38
Heller (W K) & Co 4s w w.1946
Houst Gulf Gas 6%s x w—1943
6s...
Houston Lt & Pr 3 Ms

60%

Sale

Sale

Highest

I

Sale Prices

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

May 21 104% May
May 22 105
May

99
100

14

102% 102%
103% 104

7
1

98% Jan.
2 104% May
Apr.
May 27 105
Jan.
Jan.
4 103

7

Sale

Sale

35

76

67

76

Sale

71%
70

Sale

62

Sale

Sale
64
Sale

78
79

41

46 %
103H 103%

151,000

384^000 Jacksonville Gas 5s stpd--1942
201,000 Jersey Cent P A L 5s B—1947
353,000
4 %s series C
1961

4,000
43,000

38,000 Kansas Electric Pow 3%s.l966
106,000 Kansas Gas A Electric 6s. .2022

105% 106%

45 %

105H

125% 127

7
65

May 29

32

70

May
106
May
99% May
52% May
49
May

May 10

70

68

65

74

68

100%

90% Sale
100% Sale

Sale

101%

Sale

101

106% 106

98

Sale

100

93%

Sale

96%
93%

Sale

60

Sale

57

Sale

59% Sale

34%
34% Sale
Sale

55

105

61%.
Sale

20

26

20

26

20

26

65% Sale
53% Sale
43% Sale
33% Sale
103% 104
104% Sale
102% 104
104% 106
108
107
107% 107
35
41
49% Sale
37

May 21
May 17

87

107
Sale

Sale

31

Sale

>

56,1

60%
105

75
76

May 25 107%
May 23 101%
May 22 106%
May 24 107%
May 22 105
May 31 100
May 22 73%
May 24 73%
May 21 72%
May 15 105%

21% May
24
May
22
May
51% May
29
May
103
May
103% May
107
May
38
May
30% May

May
May

May 29

42% Jan.

15% Feb.
7 16
102% Feb.
9 103
May 14 103%
100% May 22 105
106% May 14 111%
100

6
4

May 14
May
8
May
May
May
May
May
May
May
May 20

21 34
May
20 34% May
15 35
May
24 68% May
24 45% May
28 104% May
27 104% May 10
7 107% May
3
35 50% May
2
20 37
May
1

48%
38%
40% 39
May 23 49
May
103% Sale
102% May
1 103% May
102% Sale
Sale
103% May 28 104% May
104% 104% 104
48

106% 110
127% 129

26

5

Mar. 15
Jan.

11

Jan.

3

Mar.

5

Apr. 19

35

106

30

108 H 110
48
45%

26

75% May
9
91
Apr. 22
Mar. 13
10 78
21 108% Mar. 19
21 105% Feb. 24
63% Apr. 25
31
Apr.
4
9 53

66% May 28
70
Jan. 31

88

40

108

72% Sale
105% Sale

34

Iowa Pow & Lt 4%s A... .1958
Isarco Hydro-Electric 7s. .1952

105

68

46 H
Sale

65%
48% Sale
105 % Sale
105% 106%

38

106%
100%
106%
107%
104%
99%
68%

43 %
Sale

Iowa-Nebraska L A P 5s. .1957
.1961
5s series B

30%

75% May
May
75% May
21 107% May
21 105% May
31
63
May
9 49
May

I!
10'

4

103% May 24 107% Mar. 28
Mar. 19
59
May 27 75

35
35
103%
100
103% 100% 103
May 14 103% May
103% 103% 101% 102
100% May 22 103% May
111% 112% 107% 107% 106% May 14 111% May

Sale

103
99 %

26

May

27| 73% May

May
May
May
May
May
May
May

4

81

14%

65%

108% Sale
97
98%
104 % 105
105% Sale

103% May 24107
59
May

50
Sale

100

Apr. 10
97% May 24 102
60
May 29 87% Feb. 24
4 100#a» Apr. 22
Jan.
Feb. 28
95% Jan. 22 102
83
5
May 21 100% Jan.
Jan. 24
70
May 18 75
89
Apr.
4
May 22 101

80% May
100% May
4' 99% May
21 100% May
18
74% May
22
99% May
2

102

66 %

41H
49
44

Italian Superpower 6s.-- .1963

72

94

24 101% May

29

103

50

Int Pow Sec 6 %s series C. .1955
.1957
7s series E
.1952
7s series F
.1957
Interstate Power 5s
.1952
Debenture 6s

.

66

50

210,000
191,000
366,000
2,019,000
622,000
195,000
75,000
137,000
286,000
584,000

Indianapolis P & L 3 %s.

90% Sale

68
66%
90
81
89%
60
70
70
75%
107 H 110% 106% 112
106
104% 105%
99% 100%
99%
62% Sale
52% Sale
52%
49
49
50%
50%

34%

34,000
36,000
54,000
418,000
114,000
50,000
21,000
8,000
39,000
172,000

.1963
Alndianapolis Gas 5s A... .1952

'92% 166"

97% May
60
May
100% May
99% May
83
May
70
May
89
May

73

14

108%

.1950

Sale

87

33%

.1968

.1953
.1956

Sale

60

Sale

50
30

111

Indiana Hydro-Elec 5s A. .1958
Indiana Service 5s
1st lien & ref 5s

"62"

99

11

15

Idaho Power Go 3%s_... .1967
Illinois Pow & Light 5%s. .1957
.1954
5 %s series B
...

81

17

50

215,000
728,000
709,000
1,018,000
1,429,000
207,000
612,000
627,000
167,000
353,000

31,000
29,000

Ask

106% Sale
104% Sale
72
56
59
74%

43

91,000
100,000
159,000
239,000
295,000
61,000
148,000
162,000
19,000
116,000

5s series O

Sale

104%

.

68 series A__

Sale

101
Sale
79% Sale
100% Sale
99% 100
99%
99%
74
76%
99
Sale

40

1943

sHungarian-Ital Bk 7%s..l963
149",000 Hygrade Food 6s ser A
1949
29,000
6s series B.
1949
.

Lowest

May 31

103H 103% 100
104 % Sale' 101%

47

1966

—

Sale

.---

107% 110%

_

ii",66o

1

Ask Bid

103

Sale

1967 106% Sale
1978
..1953

Grocery Store Prod 6s
1945
Guantanamo A W Ry 6S--1958
Guardian Investors Corp—
203,000
5s series A
1948

2,000
54,000
53,000
254,000
124,000

Bid

1954

5s registered

1,505,000 Georgia Power ref 5s
245,000 Georgia Pow & Lt 5s

508", 000

13,000

Sale

Gary Electric & Gas—
366,000
.1944 100% Sale
5s ext stamped
....
374,000 Gatineau Power 3 %s A.. .1969
683,000
57,000
961,000
7,000
459,000

1

Jan. 2

Jan. 1

264",555

RANGE SINCE JAN.

Price

new york

In

51

CURB EXCHANGE

NEW YORK

June, 1940]

7
4
7

102% 110
102% May 22 102% May 22
117
120% 117
May 21,127
May 13

66% Jan.
67
Jan.

2
4

81

Apr. 10

79

Apr.

8

May 25 109% Feb. 15
87
8
May 23 101% May
98% May 22 107
Apr. 11
101
May 24 107% Apr. 26
May
3
96% May 22 105
106

93% May
57
May
56
May
60% May
105
May

31 100
Jan.
22
73% May

21 % May 21
May 20

24
22

May
51 % May
29
May
103
May
103% May
107
Apr.
38
May
30% May

2

6
73% May
6
21
78% Apr.
8
15 109% Jan. 22
24

15
24

24

43% Jan. 16
2
49% Jan.
4
47% Jan.
Apr. 15

11*

Jan.

3

28 106 % Jan. 12
Mar. 11
271106]

109]
52
42

Jan.
5
Apr. 25
Mar.

1

May 23 53% Mar. 11
102% Apr. 25 105
Feb.
3
103% May 28 105% Feb.
3
39

102 %

117

May 22 107% Mar. 28
May 21,127% Apr. 20

Lake Superior

42,000

94,000

Dist Power—
3H% series A..
1966

ALeonard Tietz Inc 7%s..l946

73,666

227",000

105% 106%
15

40

1940 103H 104%

Long Island Ltg 6s

122,000

548,000 Louisiana Pow A Lt 5s.—-1957

19,000

AMansfield Mining A Smelt—
7s ex-warrants
1941
41,000 McOord Rad A Mfg 6s
1948

3,000
31,000
29,000
51,000
31,000
12,000

107 %

25
17
70
66
Memphis Comm'l Appeal—
Debenture 4%s
98
35,000
100%
1952
139,000 Mengel Co 4 %s
1947, 86% 90%
1971 107% 109%
108,000 Met Edison 4s series E
4s series G
1965 108
132,000
110%
112,000 Middle Sts Petrol 6%s A- -1945 100 % Sale
146,000 Midland Valley RR 5s
1943
67% Sale

151,000
160,00
78,000
83,000
190,000
30,000
58,000

560,000
603,000
251,000
625,000
732,000
136,000
468,000

Milwaukee G L 4%s—-—1967
Minn Pow A Lt 4%8—
1978
1st A ref 5s...
—.1955

75,000
63,000
146,000
11,000
19,000
37,000
13,000
105,000

339,000
437,000
506,000
51,000
65,000
204,000
88,000
932,000

Nassau A Suffolk Ltg 5s... 1945
Nat Pow A Lt 6s A
2026

14,000
322,000

46,000
1,087,000
378,000
1,041,000
1,331,000
1,564,000
44,000

New Amsterdam Gas 5s..-1948

37,000
195,000
185,000
469,000
20,000
23,000
75,000
96,000
68,000

76,6OO
20,000

38,000
21,000
110,000
42,000
28,000

79",000

Sale

Mississippi Power 5s

1955

Miss Power A Light 5s
Miss River Power 5s

1957

Missouri Pub Serv 5s

1951

A—1960

2030
t ANat Pub Serv 5s O O D.1978
Nebraska Power 6s.
2022
Deb 5s series B..

4%s
1981
Neisner Bros Realty 6s—1948
Nevada Calif Elec 6s
1956

-

For footnotes

see

96

-

Nippon Elec Pow 6 Ms
1953
Nor Amer L A P 6Ms A... 1956
North Boston Ltg Ffcop 3%s '47
Nor Cont CJtil 5%s A
...1948
Northwest Elec 6s stpd—1945
Nor'west Pub Serv 5s A—1957

page 53.




Sale
Sale
Sale
Sale

Sale
Sale
Sale

99 % Sale

111% Sale
107%
26
124%

107
24 X
121
108H
105%
79 %

121
New Eng G A Elec Assn 5s 1947
68 %
5s
1948
67 H
Conv deb 5s
1960
68
New Engl Pow Assn 5s
1948 98 %
Deb 5Hb
1954 100 H
New Eng Pow Co 3 Ha A..1961 107%
New Orleans Public Serv—

5s stamped--..
1942
130,000
A6s series A
1949
341,000
215,000 AN Y Pa A O RR 4 %sstpd 1950
1980
476,000 N Y State BAG 4%s
4 Ms registered
1980
1,000
3 Ms
1964
166,000
40,000 N Y A Westchester Ltg 5s. *54
482004
77,000

118,000
376,000
294,000
133,000
1,000
246,000

100 %
102 %
106
103
103 %
110

108%
107H
Sale

Sale
Sale

Sale
Sale
Sale

Sale
108H

107% 107% 105% Sale
15

40

104% 105
107% Sale

104% May 22 107% May

2

104% May 22; 108

Apr.

8

103% 105% 103% May 23 105% May
103% May 21 107% May
106% Sale

8

103% May 23 '106
103% May 21 108

Jan.

16
11

7

40

12

17

72

Sale

Jan.

50

60

1

60

May 22

6

60

99
May 22 101 % May
100% 101%
98% 100
6
81
May 29 94% May
93
94%! 81%
85
6
109% Sale 1107% 107% 107% May 27 109% May
1
108% May 14 ill
109
Sale
108% Sale
May 10
92% May 28 99% May
99% Sale
92
93
1
May 17 67
May
6
65%
67% 59
59% 61

99

68

103%
103%
106%

Sale
Sale
Sale

103

104

104% Sale
109
Sale
95% Sale

99
Sale
99% Sale
102% 104
96% Sale
99% Sale
109
110

86% Sale
98

98% May 23 104%
98% May 22 103%
102% May 24 107
96
May 22 104
97
May 23 104%
108% May 16 110
86% May 31 96%

111% Sale
107% Sale
26
24%
127% 128
111%
111

May

May
9
May
6
May
9
May
7
May
8
May 23
May
9

96

29 100% May

109% 111% 109
101% Sale 101

22 112% May
24 107% May

May
May
May
Sale
21
21
May
120
May
112% 127
Sale
111
110% May
May
109
109% 105% 109% 108
Sale
62
May
73
79% Sale

99% Sale

70

95

121% 122% 115% 117
53
Sale
68% Sale
51%
54
68%
67%
53
Sale
67% Sale
91% Sale
98% Sale
93
Sale
100% Sale
105% 107
108% 110

115
51
52
51

May
May
May
May

May
May
May
20% Mar.

23
28

May 28

May
108% Jan.
106
Jan.
62
115

May 10
May
9

May

25 122% Jan.
24 71% Jan.
23 71% Jan.
28 71 % Jan.
22 99% Jan.
31 100% Jan.
Mar.
May 28 110

May
May
May
51
May
88% May
93
May
51

68% May
68% May
99
May
100 % May
109% May 13

100% May 15 100%
100% Sale
100% Sale
97
May 23 103 %
99% Sale
102% 103%
91
May 28 95%
90
91
93% Sale
103
103% 102% May 25 103%
103 % Sale

100% May
8
112% Apr. 11
3
107% Apr.
26
May
3
128% May
4
111% May 14
110
Mar. 29
Mar. 29
83

120

25 121% May
24
69% May

88 % May 22
93
May 31
105

96

101

14
May 13
May
1

71% Apr. 23

98% May 23 104% May
9
98% May 22,103% Mar.
1
102% May 24 107
May
9
96
May 22 104% Mar. 15
97
May 23 104% Apr.
3
11 110% Feb. 20
108% Apr
86% May 31
98
Jan.
4

109

31
26
May
22 128% May
27 111% May

15 109
21
80

May 22

May 22 101% Apr. 20
81
May 29, 95
Apr. 18
107
Feb. 20,109% Jan. 19
108
Jan.
4(111
May 10
92% May 28 100% Jan. 10
61
May l7 70
Jan.
4

52

105

100% May

Jan.

6
9
9
9
9

8
8

102 %

Sale

79%

81
Sale

105

108% 109

112%
104%
55

114

106%
65

102% 104
Sale
1043
46

103
105

48

106
Sale

60

Sale
Sale

104% May 28 108% May" 8
104% 107
111% 113% 113% May 21 114
May 10
102
May 14 106% May
102% 104
1
52

52%

45%

Sale

33

Sale
105
40

105%

Sale

101

Sale

102%
105

May 10
May
8

5
6

Sale

97

Sale

104

52
94

104

101

40

May
May
May
May

13 60
May
1
22 102% May 10
22 105 % May
4
20 45% May
1

May 27 106% May

8

102% Mar.

102%
103%
95%
105%

Jan.

10

104

102% Sale

104

Jan.

4

109

Apr. 22

97

May

81

Jan.
Jan.

104% May
113% Feb.
102
May
52
94

104
40
103
101

May
May
May
May
Apr.
May

Jan.

May 10

114% Mar. 28
1
106% May

.13
22
22
20
5
27

65
103

106

Mar. 12
Mar. 25
Jan. 12

49% Jan. 10
Apr.
5
106% Feb) 29

103

YORK

NEW

52

EXCHANGE

CURB

AGGREGATE
NEW
In

May

Jan. 2

Jan. 1

$

1940
BONDS

Bid

(Concluded)

May
Ask

Ogden Gas (Jo 5s

1945 110% 113

Ohio Power 3 %s
Ohio Public Service 4s

1968

108%

Sale

1962

109

Sale

79,000
34,000

219,000
587,000
669,000
219,000
135,000

O da Nat Gas 3 %s B
1955
C'daPow & Water 5s A—1948

107%
103

Sale
103%

51,000
67,000

235 ,000 Pacific Gas & Elec 6s B—1941
1948
199 ,000 Pacific Investing 5s A

109%

Sale

62,000
211,000
178,000

524",000

82,000
61,000
97,000
12,000
91,000

680 ,000
30 ,000
174 ,000

17,000
49,000

91,000
71,000
115,000
19,000
3,000
184,000
330.000

20,000

32",000
58,000
22,000

21",000

1942
5s__1955
Lexington Bldg 3s—1964

44 ,000 Pacific Ltg & Pow 5s
2,249 ,000 Pacific Power & Light

36 ,000
1,430 ,000
94 ,000
253 ,000
314 ,000
168 ,000
275 ,000
72 ,000
41 ,000
895 ,000
1,239 ,000
545 ,000
343 ,000

20,000
336,000

5 ,000
1,100 ,000
'291 ,000
44,,000

205,,000
76,,000
18,,000
149,,000
4,,000

Park

Penn Cent Lt & Pow

4%s_1977

1979
Penn Electric 4s series F--1971
5s series H
1962
Penn-Ohio Edison 6s
1950
5%s series B
1959
Penn Pub Serv 6s O
1947
5s series D
1954
Peoples Gas Lt & Coke 4sB_'81
48 series D
1961
Phila Elec Power 5%s
1972
Phila Rapid Transit 6s
1962
Piedmont Hydro-Electric Co—
6%s series A
1960
Pittsburgh Coal 6s
1949
Pittsburgh Steel 6s
1948
APomerania Elec Co 6s—1953
Portland Gas & Coke 5s.-1940
5s certifs of deposit
1940
5s stamped.
1950
5s

Potomac Edison 5s ser

1

Price

YORK

CURB EXCHANGE

Since

*

RANGE SINCE JAN.

PRICES IN MAY

SALES

E__1956

1961

4%s series F

93

94

110

112

93%
43%
102%
103%
104%
107%
109%

Sale

104%

106

109

Sale
Sale

107%
Sale

107% Sale
106% 107%
95% Sale
98
97%
113% 114%
95%
94%
43%
46
104% 104%
100

12%
83%
82%

Sale

30
Sale
83

108%

Sale

110

111

88

1954

14

49%

1

108%
94%
109%
95%

Ask

Sale

Sale

Sale

90

n29
Sale
25%
43% Sale
105% 103
106% 106% 100
99
99% Sale
102% Sale
12
30
7
13
90
92
79
84
78%

75

78

108
108
Sale
108% Sale
110% 107% 110% 109
54

47

Sale

79

61

30

13

81%
16

52
66

7

132

111%
109%
108%
108%
104

May
May
May
May
May

107% May 23 111%
103% May 24 109%
103% May 28 109%
104% May 28 109
100% May 29 105

106

108%
108%
107%
107%
106%
98%
100%
114%
102%

May
May
May

May
May
May
May
May
May
May
May
May
May
May
May
May
May

May 20 45% May
May 29 106% May
May 18 102% May

8
14
10
3
11
1
3
7
2
17
6
6
9

8

1

51%

Feb.

13

22

89% May
87% May

5

25
97% Jan. 11
2
22
43% Jan.
22 104% Apr.
6
28 107% Mai4. 23
21 106
May 11
23 108% Feb.
3
28 109% Apr. 23
2
15 107% Mar.
24 108% Jan.
9
24 108% Feb. 16

25% May
May
99
May

48% Mar. 8
106% Apr. 11
102% Apr. 25

29
98% May
31 100% May
20 115

103

Jan.

14

Jan.

94

J78% May
83% Feb.
3
76% May
108

Feb.

22 102% May

7

May 15 109% May 10
May 10 109% May

6

86% May
40
May
97% May
102
May
100
May
104% May
104% May
102
May
106
May
105
May
91
May
95% May
110% Mar.
92
May

14

May 22

Jan. 26
May
9
Mar. 15
Apr. 10

107% May 27 110% Jan.
87% May 31
97% Apr.
109% Apr. 22 112
Jan.

Mar.

6
6
1

9

12

1

Jan.

90

5

Apr.

16

Mar.

4 109% May 10
May 10 110% Jan.
9
Feb.
1
53% Apr. 29
63% May 28
91% Jan. 10
14
Jan. 13
15
Feb. 19

109
50

15

125

Highest
Sale Prices

96%
42%
104%
106%

May
May
May
May
May
May
May
May
May
May
May

76% May 28

109
50

Lowest
Sale Prices

107% May 27 108% May
95% May
87% May 31

111% 104% 111%
Sale
86%
88% Sale
40
4442
40
43%
97%
103% Sale
98% Sale
102
103
101
105% Sale
100
105% 105% 100% 103
105% 105% 104%
108% Sale
Sale
104%
110% 105
108%
102
106% 106% 102% Sale
106% 108- 106
107% 109
105
103% 106
106% 108
91
91% Sale
97% Sale
95%
95% Sale
98%
99%
111%
112% 114
112% Sale
92
Sale
102
93% Sale

88%

23
24
28
28
29

Highest
Sale Prices

Sale Prices

107 % May
107% 111
103 % May
104% Sale
103% May
106
Sale
105
105% 104% May
100% May
100
102

108% 107%

•

Lowest

May 31

Ask Bid

111% Sale
109% Sale
108% 109
108% 109%
103
104 %

86

Potrero Sugar 7s stamped .1947
Power Corp of Can 4%s B_ 1959

APrussian Electric 6s

Sale

Bid

63% May 28

72% May 11

Public Service Co of N J—•

113,000
30,000
421,000
124,000
243,000

6% perpetual certificates
294,,000
1966
87,,000 Pub Serv of Okla 4s
2,592, 000 Puget Sound P & L 5%s--1949
5s series C
1950
000
740,
4%s series D
1950
1,854, 000

34,000

153,000 Queens Boro G 8c E 5%s.-1952

2,000

65,000
7,000

__

19,000 iRuhr Gas Co 6%s
2,000 iRuhr Housing 6 %s

>-1953
1958

A

357,000 Safe Harbor Water Pr 4 %s 1979
18,000 San Joaquin L & P 6s B...1952

151% 155
107
108%
98% Sale
98

Sale

92%

96% Sale
17

19

35

14

154

107% 104% 106
94% Sale
97% Sale
90
Sale
95% Sale
87
Sale
93% Sale

107

Sale

92%

153

35

13

109% 110

109

137

Sale
35
25

133

133

Sale

80%

84%

7

May
104% May
86
May
83
May
81
May
82

28 154
28 107%
21
98%
21
96%
24 93%

May 22

20% May

7

109

128

2

May
May
May
May
May

128

May
104% May
86
May
83
May
81
May

109
133

128

Mar.
Jan.

12

100% Jan.

8

100

Jan.

11

97

Jan.

11

May 22

99

Jan.

9

82

20% May

2

18% Jan. 10
14% Mar. 5

May
1 109% May 25
May 21 135% May
6

1

158
108

24

93% May

40
Sale

28
28
21
21

5

Jan.

2
17

107% Jan. ' 9 109% Jan.
Apr.
132% Mar. 25 136

3
10

20% May
15

ASaxon Public Works—

96,000

7,000
41,000
154,000
376,000
700,000
533,000

27,000
100,000
464,000
287,000
80,000

116,000
540,000
1,543,000
773,000
332,000

1,000
11,000
67,000

139,000
107,000

6s
1937
ASchulte Real Estate 6s—1951

11

21%

16

35
23
Sale

Scripps (E W) Oo5%s

1943 103%

Scullin Steel Co 3s

1951

64

65

Shawinigan W 8c P 4%s—1967
4%s series D
1970

95

Sale

95%

Sale

1947

91

Sheridan Wyo Coal 6s
Sou Carolina Power 5s
Southeast P & L 6s
Sou Calif Ed 3

3%s series

1957
-±.2025

%s.-May 1 1960
B—July 1 1960

99%
112%
109%
109%

Sale
Sale
Sale

7

30

24

31

101

103

60

65

65

Sale

88%

Sale

64

Sale

94

95%
Sale

35

27%
29
102% 103
68% Sale
88
Sale

Sale

90

Sale

97%
102% Sale
106%
112% Sale
106%
108% Sale
108% 109% 107

Sale
Sale
Sale
Sale

14
May
28
May
100% May
57
May
65
May
64
May

87

May
96% May
102
May
106% May
106% May

14
May 18
18
May
9
16 31
15 102% May 11
15
68% May
31
88% May
31
88% May

24
28
22
15
15

94

103

May
May

1
9

12

Mar.

23

Jan.

100% May
.57
May
65
May
64
May
87
102

105%
52%
106%
103%
106%

104

17
31

15 104
15

31

31

Mar. 12
May
Jan.

9
30

72% Mar. 14
98% Jan. 19
97% Jan. 22

95% Jan.
May
28 103
22 112% May

May 24

96% May
May
106% May
106% May

112% May' 7
109
May
6
109
May 10

1
24

15 110% Jan.
15 110% Jan.

Southern Counties Gas

35,000
43,000
33,000
74,000
47,000
26,000
299,000
356,000
677,000
528,000
416,000
513,000
62,000
5,000

12,000

190,000
330,000
216,000
312,000
118,000
286,000

2,513,000

1968
Southern Indiana Ry 4s—1951
S'western Assoc Tel 5s A. .1961
Southwestern P 8c L 6s
2022
S'western Pub Serv 6s A--1945
ASpalding (AG) & Bros 5s 1989
Standard Gas 8c Electric—•
6s stamped
1948
6s conv stamped
1948
6s
1951
6s gold debs
1957
6s
1966
of California 4%s

2,076,000
3,114,000
2,619,000
2,613,000
2,901,000 Stand Power & Lt 6s
347,000 AStarrett Corp 5s
Stinnes (Hugo) Indus—
7s 2d stamped
55,000
7s 2d stamped
51,000

105% 105%
51
105
103

52
109

104%
107% Sale
50
49%

104
105% 105% 103% 104
37
37
40
50%
52
104
106 % Sale
105% Sale
90%
92% 90
102% 103%
106
106% 105
107% 105
40
41
47
58
59%

Sale
Sale

62%

Sale

73%

62

Sale

74

Sale

61%
61%
61%
61%
13%

Sale
Sale
Sale
Sale
16

73 %

1957

67% Sale
67% Sale
67% Sale
66% Sale
67% Sale
66% Sale

1950

19

Sale

1940
1946

28

32

36

39

30

33

24%

25

25

30

18

25

44%

Sale

73% Sale
73% Sale
73

Sale

20%

Sale

May
May
May
May
May
May

May
May
May
May
May
May

14
24
22
21
22
21

May
May
May
May
May
56
May
14% May

21
21
21
21
21
21
21

74% May
74
May
74% May
74% May
74
May
74
May
20% May

30% May 25
20
May 24

36% May
27
May

9
2

22

35 % May

1

56%
57%
56%
56%
56%

55

3
10
13
2
14
13

37
104

90

105
40

May
May
May
May
May
May

14 105% Mar. 28
53
Mar. 12

24

21 105% Jan.

17
6

108% Feb.
60
Apr.
21

6

22 106% Apr.
22

74%
74%
74%
74%
74%
74%
24%

Jan.
49% Jan.

49

48

Jan.

48

Jan.

48

Jan.

Jan.
14% May

49

29

Jan.

20

May 24

10

5

Apr.
Apr.
Apr.
Apr.
Apr.

3
29
29
29
29
29

Feb.

5

May

46% Mar. 28
30
Mar. 16

Terni

65,000
294,000
144,000
5,000
99,000

281,000

50,000
53,000
76,000
7,000

6,000
52,000
228,000
87,000
408,000
70,000
47,000
19,000
69,000

242,000
68,000
93,000

339,000
892,000
422,000
35,000
579,000
1,189.000

Hydro-Electric Co—
6%s series A
1953

1960 104% Sale
1956 107% Sale
Sale
6s-2022 115
Tide Water Power 5s A—1979 102% 102%

Texas Elec Service 5s

Texas Power 8c Lt 5s

Twin City Rap Tr

5%s A.1952

tUlen 8c Company—
6s 4th stamped
494 000

1950

97 000 United Elec of N J 4s
320 000 United Elec Service 7a

1949
1956

AUnited Indus 6 %s
A 1st 6s
34 ,000
405 ,000 United Lt 8c Pow 6%s
Deb 6s1,119 ,000

1941
1945
1974

62%

9 000

1975

Sale

9

117%

a*

Sale

18

25

16

30

18

85

87
Sale

30
Sale

83%
107

Sale

93

Sale

118

Sale

Deb 6s series A
1973
263 ,000
212 ,000 Utah Power 8c Light 4%s_1944
68 series A
2022
248 ,000

80

5%S—

11
10%
118% 119
Sale
36%

30

1959
1,796 ,000 United Lt 8c Rys(Del) 5%s 1952
279 ,000 United Lt 8c Rys (Me) 6s A1952
170 ,000

27
Sale
35% Sale
102% Sale
105% Sale
105% Sale
105% Sale
111
116% 118%
92
Sale
98% Sale
57% Sale
68% Sale

89%

Sale

108% Sale
93% Sale
118% Sate

80%

99

Sale

99

Sale

86

Sale

100% Sale
100% 101
103

8%
7% May
115% 115% May
Sale
26% May
20
16
16
May
30
16
18
May
Sale
78
74% May
73
75% Sale
May
108
109% 107% May
78
81% Sale
May
111
110
111
May
73% Sale
72% May
97
96
May
85
"84% 87
May

Sale

101

103 %
Sale

99%

Sale

94

Sale

103

103%

97

Sale

a5s income deb
1954
628,000
1951
45,000 Wash Ry 8c Elec 4s
Western Newspaper Union—

10% Sale
107% 109

102% Sale
100

11
May 10
118% May
4
36% May
21
May
18% May
90
May
88% May
109
May
95
May
118% May
87
May
100% May
101% May

7

30

100% Sale

5sseries B

May" 7

104% May 14 106% May 11
May 15
111% May 18 113
98% May
2
88% May 24
56
May 22 68% May
2

114%

..1950

609,000 Virginia Pub Ser 5%s A-.-1946
6s1946
265,000
375,000

May 18

101 % May 23 106%

99% May 21 103 % May
94
May 31 101% May
95
May 21 103% May

3
8
2

46
Jan.
22
May 18
101 % May 23 106% Mar.

104% May 14 108%
111% May 18 119%
88% May 24 103%
69
56
May 22

7% May
115% May
26% May
16
May

17% Jan.
74% May
73
107

May
Jan.

78
May
May
72% May
May
96
85
May

111

3

20
19
Apr. 26
Jan.
5
Jan.

Apr.

12% Mar.
118% May
45% Jan.
21
Apr.
19% Feb.
91
Apr.
89% Apr.
110
Apr.
95

May

119

Feb.

16

11

4
5

23
28

26
26
8
8
7

ftQ

Apr. 27
100% Apr. 29
101% Jan. 15

6
99% May 21 103% Apr.
94
May 31 101% Mar. 19
95
May 21 103% Mar. 29

Waldorf Astoria Corp—

216.000

10,000
51,000
80,000
24,000
6,000
116,000

46,000
20,000
65,000

Conv deb 6s
1944
2030
146,000 West Penn Elec 5s
West Penn Traction 5s—1960
57,000

230,000

41,000 Wheeling Elec Co 5s
313,000 Wisconsin P 8c L 4s A

1941
1966

284,000 Yadkin River Power 5s
123,000 tAYork Rys Co 5a..5s stamped......
213,000

1941

For footnotes see page 53.




Sale

-

.1937
1947

107

§119

Sale

105%

Sale

104% Sale
97

Sale

97

98

•

7% Sale
109% 112

5

106

Sale
112

4

107

42
46
45
54%
55%
104% Sale
106% 108
104%
116
118
107% 108% 108%
103 % 105
103
105% 103
107
Sale
102% Sale
102%

May 21
7% May
9
May 16
May 16 107

May
May
May
May
May

21
31
23
27
28

55
May
3
106% May
8
May 13
103% May
2
107% May
1

117

104% 104% 103% 103% 103% May 17 104% May' "2
91
93
92
97%
98
May 28 98
May
6
98
Sale
95
Sale
95
99
May
8
May 21

4

107

10% Jan.
3
May 21
May 16 109% Apr. 26

45
May 21
60%
104% May 31 108
108% May 23 117
103
May 27 105

Feb. 23
Feb.

102% May 28 107% May
10 105
98
May 28
99
May 21

103% Apr.
92

95

29

May 13
Jan. 23

Jan.

1
2

Apr. 23
May
8

53

NEW YORK CURB EXCHANGE

June, 1940]
AQOREOATE

RANGE SINCE JAN.

PRICES IN MA Y

SALES

In

Since

May

1

Price

NEW YORK
CURB EXCHANGE

Jan. 2

Jan. 1

May

1940
Ask

Bid

Bid

1

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

May 31

Ask Bid

Ask

FOREIGN GOVERNMENT
AND

2,000

2,000

MUNICIPAL

Agricul Mtge Bk Rep of Col—
19,000
420-year 7s
Apr 1946
a7s certifs of deposit
1946
17,000
420-year 7s
Jan 15 1947
47s certifs of deposit
1947

2534

35

22

20

2234 May 14

25

May

28

24

May 13

24

May 13

9

14

22 H May

Feb.

15

2834 Feb.

13

29

35

28

25

20

35

30

22

25
25

10

16

3,000 ABaden (Germany) 7s
1951
Bogota, City of (Colombia)—

12

30

11

18

May 13

35

11
10

24

35

deposit
1947
Antioquia (Dept) Colombia—
47s B ctfs of deposit
1945
47s 1st ser ctfs of dep
1957
47s 3rd ser ctfs of dep—1957

35
35

22

25

40
30

5,000
3,000
1,000

Caldas

26 M
25

9 34

834
8 34

1334

1945

15

35

(Colombia)—
deposit— 1946

10

35

10

20

12

10

or

deposit

47 34s ctfs of

ACauca Valley (Dept of)
Colombia extl s f 7s
41,000

Rep of
1948

a7s ctfs of deposit.

1948
1946

a734s ctfs of deposit

1134 Feb.
1134 Jan.

17
17
30

12 34 Feb. 17
1134 Feb. 17
1134 Jan. 30

Jan.

29

13

May

834 May 22

15

Jan.

12 34 Feb.

12
25

10

a8s ctfs

4,000

35

25

2534

46s ctfs of

1,000

2634

16

1034

10

25
25

10

35
35

13

25

25

13

25

26

40

22

1534
1534

65
50

3

834 May 22

11

May

7

1534 May

7

12

3

20

40

70
50

May

25

5134
42 34

13

May

30
40

1234
1234

3

13

13 34
12

734

834

ACent Bk of German State &

1,000

2,000
13,000

Prov Banks 6s B
a6S A

1951
—

1952

Colombia (Republic
a6s ctfs

2,000
1,000

15,000
21,000

of)—
of dep (A & O) -1961

1,000 ABanover (City) Ger 7s
6,000 AHanover (Prov) 6Ms

6,000
.32,000
4,000

-

51,000 Danish Cons Munic 534S--1955
5s
1953
18,000
ADanzig P & Wat*way Bond—
Aexternal s f 6 Ms
1952
11,000
65,000 AGerman Cons Munic 7s. .1947
46s
1947
41,000

1939

1949

ALima

28,000
(City), Peru, 634s__1958
98,000 AMaranhao (State) 7s
1958
38,000 AMedellin (Colombia) 7s-_1951
a7 % ctfs of deposit
195l
a634s ctfis of deposit
1954
Mortgage Bank or Bogota—
a7s issue of May 1927
5,000
1947

10,000

a7s ctfs of dep (May)
a7s issue of Oct 1927

1947
1947

3,000

6,000
33,000
19,000
9,000

7,000

•

n

a7s ctfs of dep (Oct)
1947
Mtge Bank of Columbia
a6Ms ctfs of deposit---1947

12,000
68,000
74,000
156,000
81,000
3,000
73,000
39,000

AMtge Bank of Chile 6s_—1931
Mtge Bank of Denmark 5s 1972
AParana (State of) .Brazil 7s '58
ARio de Janeiro 634s1959
ARussian Govt 634*-1919
a6Ms registered
-1919
a5Ms
1921
ASantiago (Chile) 7s
1949

No par value,
Sold under the rule.

r

Deferred delivery sale,
8old for cash,

s

Ex-dividend.

a

Abbreviations Used Above'.
"cod" certificates of deposit,
"cons" consolidated.

18

16

20

10

234

Sale

13

14

8

20

13

Sale

8

13

10

25

6

12

20

7

1034

11

534
534
634

10

5
12 34
12

8

1134
20
9 34 Sate
9H

1434
12
26 M
24

34

12

10 M
16 M

10
8

25
25

12

8

14 34
14

7
1034
12.

9
May 21

May 18
May 21

29

13

14

18
20

May
9
May 21
Mar.

4

734 May 18
734 May 16

1334 May
13
May

9

7 34 May

1

734 May

18
16

534 May 31
834 May 15
8
May 21

1034 May

9

6

Apr. 23
Jan. 11
534 May 31
834 May 15
8
May 21

11

20

12.

20

Sale
14

934

May if
834 May 16

12

1534 May
16
Apr.

52

49

Jan.
8
Mar. 13

7
Jan. 30
Mar. 14
1334 Apr. 10

14

Apr. 24
1234 Feb.
7
1034 Apr .
8
1334 Mar. 25
15
Jan. 24
11

20

20

28

2534

3

20

28

26

Jan.

27

2634 Apr.

20

28

26

Feb.

24

2634 Mar. 20

11

28

20

35

22

40

3d

2534

30

35

22

40

21

35

20

40

143s
4234

1834
53

1334
1534

20
26

16

26

20

13

Sale

May 17
May 17
534 May 25
34 May 14

24

Sale

10

14

1534 May 18

17

9

734
34

1334

1034
8
Sale

15'

14

934
34*

834
34
34
1734

2534 Apr.

534
34
34

34,

25

634
Me

13

34
20

Abbreviations Used Above:
"conv" convertible,

May 25
May
1
834 May
6
%, May
9

a

D

0

May

3

2

12

Jan.

19

16

Apr.

19
13
May 25
Jan.
2
Feb. 16
Jan.
6
Jan.
4

9 34 Jan.

534
34
34
34
1434

2534 Apr.

1434
4634
1634
1034
34
34
34
1734

Mar.
Mar.
Mar.
Mar.
Jan.
Feb.
Feb.
Mar.

2
13
13
20
11
31
16
1
28

ferred delivery sales, in which no account is

taken in computing range, are
No sales.

given below:

"cum" cumulative,
n

mortgage,

"n-v" non-voting,

"vtc"

voting trust certificates

"w i" when issued
"w w" with warrants,

Under the rule sales, in which no account la

taken in computing range, are given below:
No sales.
r Cash sales, in which no account is taken ia
computing range, are given below:

No sales.

"x-w" without warrants.

%




22
20

May

26 34
24

"m"

a Bonds being traded flat.
t Reported in receivership.

3

22

Feb.

1434 Feb.

7

1534 May

*

AGGREGATE

Jan. 1

BONDS

1940
Bid

29,000

Shares

2,189
653
200

850

4.500
1,950
2,250
300

1,450
937
100

850

9,067
27,950
7,100
6,450
600
600
160
100
280

13,085
18,100
200
100

675

2,050
1,800
1,150
6,781
5,800
700

4,600
10,838
890
500

1,700
4,350

.

May
Ask

618,000 Commonwealth Ed 3%s_.1958 128 % 128%

STOCKS
Par
Sale
69
8,195 Abbott Laboratories com
*
Sale
170
4% % cum conv pref
100 144
47
49
2,139 Acme Steel Co common
25
1,590 Adams (J D) Mfg common
9%
*
aVA
1,809 Adams Oil & Gas Co com
*
3% Sale
3
3%
13,020 Advanced Alum Castings
5
8.350 Aetna Ball Bearing common.. 1
12%
18
20,000 Allied Laboratories common..*
10
850 Allied Products Corp Com..10
9%
20
1,900
Class A
25
19%
3,271 Allis-Chalmers Mfg Co
*
40% Sale
250 Altorfer Bros conv pref
19
*
22%
94
96
4,650 American Pub Serv pref---100
23,010 Amer Tel & Tel Co capital.,100 171% Sale
5% Sale
95,460 Armour & Co common
5
17,550 Aro Equipment Co com
15% Sale
1
43,400 Asbestos Mfg Co common
1
% Sale
35
2,200 Associates Invest Co com....*
38%
5
5%
4,500 Athey Truss Wheel capital..4
344 Auburn Auto Co common
*
2%
2%
2
750 Automatic Products com
5
1
2,410 Automatic Washer common..3
%
Sale
40,371 Aviation Corp (Del)
3
59,870 Aviation & Transport cap
1
3%
3%

1

Bid

May 31

Highest

Lowest

.

Ask

Ask Bid

Sale Prices

.129% 129% 111% 112% 110% May

.

22

Lowest

Sale Prices
120 % May 11

Highest

Sale Prices

Sale Prices

110 % May 22 131

Apr. 15

Shares

\VA

1,260 Backstay Welt Co common...*
350 Barber Co (W H) common
1
2,775 Barlow & Seelig Mfg A com..5
7,000 Bastian-Blessing Co common.*
4,950 Belden Mfg Co common

6,750
42,231
22,310
2,400
13,389
35,202
2,000
1,750
4,850
8,900

230

1,850
14,610
2,450

1

Price
Jan. 2

Since

May

RANGE SINCE JAN.

PRICES IN MA Y

CHICAGO
STOCK EXCHANGE

SALES
In

10

Belmont Kadio Corp
*
Bendix Aviation Corp com
5
Berghoff Brewing Corp
1
Binks Mfg Co capital
1
Bliss & Laughlin Inc com
5
Borg-Warner Corp common..5
Brach & Sons (E J) capital
*
Brown Fence & Wire cl A pfd. *
Common
1
Bruce Co (E L) common
5

4601Bunte Bros

common

7,800!Burd Piston .Ring common
.30,410 Butler Bros common
31,844
5% cum conv pref

10
1
10
30

il"
9%

17%
9%
5

6%
17%
9%
18%
10%
5%

31% Sale
10
10%

67

68%

50

54

50% May 24

47%
9%

48M

36

39

34% May 23
7% May 24
2% May 21
2% May 22
May 21
10% May 28
8% May 15

4

3

3%
12%
18%

4

Sale
Sale

10

11

20

21

33%

34%
19%

19

94%
172%

Sale

7

Sale

Sale

15% Sale
1% Sale
42
43%
5
4%
1%
1%
%
%

'S

Sale

19%
73
147

*

85

149

4%
11%
%
30

Sale

13
1

34%
4

3%
%

1%
1

\

%

■

5

Sale

4%

6%
15%
Sale
Sale

6%

7

17

20

10%
17

Sale
Sale

13

8%
12%

11%

8

33%

4%
Sale

28

10%
4

.

11

Sale

4

Sale

20

7% Sale
20% 21

8%
16%
24%

2%
9%
13%
9%
18%

2%

Sale

Sale

12

8%
Sale

Sale

Sale

2%

7%
2%
2%
8%

Sale

4

13oh

2

21

22%

Sale

19%
20
14%
16
3% Sale
9%
10%
17%
18%
3%
3%
6% Sale
22%
23

6

10

3%

4
Sale

8%

3%

Sale
4

15

Sale

15%
14%

Sale

10

11%
2%
Sale
17%
2%
Sale

2%
5%
7%
2%
4%
17%

16

11% May 24
22% May 22
18% May 10
73
May 25
146
May 28
4
May 21
11% May 23
% May 15
30% May 23
May 21
May 23
May 17
May 13
May 15
2% May 20

;s
Is

4%
15%
8%
12%
7%
3%
24%
8%

May
May
May
May
May
May
May
May

20
22
29
24
21
22
28
21

3% May 16
13% May 22
13% May 23
14% May 28
10
May 21
2% May

15
31
24
25
21
28

18%

5% May
May
2% May
4% May
17% May

12

12%

10 % May 21

15

18

14% May 22

13

50% May
8
May
3
May
4
May
12% May
18% May
11
May
19% May
33% May
19
May
95
May
174% May
7
May
17
May
1% May
42% May
4% May
1% May
May
May
May
4% May

7?f

24
10

Jan.

34%
7%
2%
2%
8

10%
8%
11%
22 %

18%
73

146
4

11%

21
9
10
14
17
13
10
10

4% May 15
15% May 22
May
May
12
May
4% May
35
May
11
May
4% May
21% May
22% May
21
May
14% May 10
3% May
10
May
17% May
3% May
6% May22% May
10 %
17

70% Jan.

50% May
144

23

25% Sale
21% Sale
18%
17%
4%
4%
11%

May

68

%

6

Jan.

3

145

51K Apr.
8
Apr. 15

May
May
May
May
May
May
May
May
May
May
May
May
May
May
Jan.

4

Jan.

4

4

Jan.

14

Feb.

15
21

??*

Feb.

6

Mar.

8

21

Apr. 15

41% Jan.
20% Jan.

3
8

Jan.

11

100

175% Mar. 12
7% Apr. 24
17
May
9

1% Apr. 17
45% Mar. 11

30% May
3% May
% May

7

'

2%
1%
%
8%
4%

Feb.

1

% Apr.
4 % May

2% May

4% May 20
15 % May

22

8% May 29
12% May 24

7%
3%
24%
8%
3%
13%
13%
14%
10

2%

5%
13

2%
4%
17 %

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

21
22
28
21
16
22
23
28
21
15
31
24
25
21
28

Jan. 31
Jan.
4
Feb.
8

Apr.
1
Apr. 15
Apr. 16

7%
18%
11%
18%

Feb. 15
2
Apr.
Apr. 26
3
Jan.
8
12
May
3
5% Apr.
9
36% Apr.
7
11% Mar.
4
May
Jan.
25% Jan.
22% Apr.

2

Feb.

9

5% Feb.
11% Feb.

7

23

20

19

Apr.

4% Mar.
7% Jan.
23% Apr.

3
3
1

5
5

8
3

3

Campbell Wyant & Cannon
1,640

4,806

500

2,060
2,030
12,710

*3,490

Foundry capital
*
Castle & Co (A M) common. 10
Cent C'Md Storage Co com..20
Central ill Pub Serv pref
*
Centra

4,200
1,750
5,500
540

1,530
3,190
455

250

45,550
3,600
1,500

8,900

6,800

101,300
2,570
5,410
6,070
2,335
3,400
112,550
8,930
5,000

656

5,349
360

140

340

430

640

958

4,331
15,132

5,665
8,900
6,000
200

86,100
3,800
1,400
8,493

17,020
12,600
1,070
313,375
11,950
4,000
28,053
2,030

160

890

1.593
480

6,848
1,544

20

230

2,475
1,550

7,180
1,920
6,600

70

310

1,050

3,900

150

1,400

430

190

772

20

50

150

190

1,114

4,453

For footnotes

^

_

Cities Service Co common
10
Club Alum Utensil Co com
*
Coleman Lamp & Stove com..*
Com'wealth Edison com
25
Compressed Indus Gases cap .5
Consolidated Biscuit com
1
Consolidated Oil Corp
*
V t c pref part shares
Com part shsvtc A




50
50

4%

Sale

3

Sale

23%
35
32% Sale
12%
14%
2%
3%
7% Sale

4%
1%
2
1%
%
16% Sale
3%

Common part shs v t c B
*
Container Corp of Am com..20
28
30
Continental Steel common
*
Preferred
100 107
Crane Co common
25
23%
24
Oudahy Pack Co 7 % cum pf 100
61
Sale
Cunningham Drug Stores..2%
18%
18%
Curtis Lighting Inc common..*
2
3%
Dayton Rubber Mfg common.l
18%
19%
Cum class A prer
__35
23% 31
Decker (Alf) & Cohn—
Common...
10
!%
2%
Preferred
100
73
Deep Rock Oil Corp conv pref.*
Deere & Co common
_* "23% Sale"

see page

56.

18% Sale
17%
19

84% Sale

76

Sale

%
4%
%
93%
39%

%
5%
%
94%
Sale
4%

71

May 24

18% May
17% May
88% May

3
10
9

10% May 21
14% May 22
8% Feb. 14
71
May 24

19% Apr. 20
20

Jan.

10

11% Jan. 11
88% May
9

111 Secur Corp—

Common
1
7
Convertible preferred
*
6%
Sale
Cent & S W Util com (new) 50c
Prior lien preferred.
* 113% Sale
Preferred
_*
70% Sale
Central States Pr & Lt pref-.*
3%
Chain Belt Co common
*
20% Sale
Sale
13
Cherry-Burrell Corp com
5
Sale
Chicago Corp common
1
Sale
36
Convertible preferred- __.._*
Sale
Chicago Flexible Shaft com..5 72
Chicago & N W Ry com.-.100
% Sale
Chicago Ry pt ctfs "r*____l00
2%
Chicago Towel Co conv pref..* 108
110
70
71%
Common capital
*
Chicago Yellow Cab capital-.*
8% Sale
Chrysler Corp common-.....5 90% Sale

Consumers Co—
460
150

14%
15%
21%
11%
14
82% Sale

20

7%

Sale

% Sale
112% 115
56

Sale

6

Sale

4

Sale

15

18

9%
%
26%

11%

20%
12

13%

1% Sale
36%
36%
79

80

%
2%
110% 116%

P

74

%
%

95

Tl""

85%

Sale

5%
3%
36%
32%
14%
2%
7%

Sale
3%
37

Sale
Sale
3

Sale
3%
1%

29

63%
%
2%
105

-----

10

3%

60t/

Sale

8

59%

4%
2%
30

26%
11%
1%
6%
2

71

9%
59%
5

2%
34%
Sale
Sale
2

Sale

3%
%
%

% May
5% May
% May
92

May
May
May
May
May
May
26% May
60
May
% May
39%
4%
15%
9%
%

93

May 28 111
May 17
75%
11
7% May 22
53% May 28
87%
4% May 15
2% May 23
30
May 22
25% May 21
10
May 22
1
May 15
5% May 22
2

May
May
May
May
May
May
May
May
May

10
18% Sale
31
29%
18%
108% 110% 109%
109% 110
14
20
13%
20%
13%
54
73
55
51
70%
12%
13
12
17% Sale
2
2
1%
1% May
16%
9%
9
11%
May
22
32
30%

14)|
2%

2%

28

35

10
22

13
Sale

1%
15

2%
30

10%
15%

16

79H

72

%
%

\\H IV'

May
7% May
% May
112% May
56
May
6% May
20% May
12% May
1% May 21
2
36% May
May
2
May 13

1% May 21
28
May 15
7% May
9
13% May 22

May
4
May 10
May
6
May
3

30

May
May
20% May
72
May
17% May

110

1% May
15
May

%

%
10

18%
108%
13%
51
12
1 %

9

84

Jan.

9
12
2

Feb.

9

Apr.
% Jan.

8

4

% Jan.;15
116

Apr. 26
75% May 10
11% Mar. 25

91

2

May
May
May
May
May
Apr.
May
May
May
Mar.
May
Jan.

1 % May 21
May 15
7% May
9
13% May 22

28

Apr.

2

1% May 21
37

May 23
22
21
22
15
22

29?#

2% May 10
28
May 15
8
May
9
22% May
3
.

6% May

2 %

2

13
11

21
13

May
25% May
10
May
1
May
5% May

3
3
3
8
9
14
7
9
7
16
3

17

Jan.
120% Feb.
Jan.
77

Feb.

30

3

Apr.

8

4

6% May
3% May
37
May
32% May
15% May
2% May
7% May

3% May
May
% May
18% May

Jan.

% Jan.
5% May
% Mar.
92
May
39% May
4% May
15% May
9 % May
% May
26% May
60
May
% May
% Jan.
93- May
69% Jan.
7% May
53% May

Jan.

,3

6% May
2
3% Mar. 12
38
Apr. 15
33
Apr.
8
16% Mar. 7
3% Jan. 26
8

Jan.

3

4% Feb.

8

Jan.

13

Jan.

13

Apr, 24
Apr.
9
110% Mar. 20
4
24% Jan.
72
May
9
19

Feb.

2

Jan.

12

19% Jan.
31% Jan.

23
26

2% Mar.
30

2

8

Feb.

8

11% Apr.
23% Jan.

23
4

AQQHEOATE

stock
Since

Jan. 2

160 De Mets Inc

preferred

Diamond T Motor Car com—2
Dixie-Vortex Co common
*
Class A
-*
Dodge Mfg Corp common
*
Eddy Paper Co. (The)
*
El Household Util Corp
-5
Elgin Nat Watch Co._
15
100 fEversharp Inc common
1

1.745
5,181
3,100
6,450
2,800
35.950
14,700

200

34 34
Sale

15%
Sale
Sale

16"" "1634

37

Sale

30

1334

Sale
1734
Sale

1034 Sale
1034
13
3 34
334

Sale

22

43i
2934

Connell Dredge

11%

10%

4%

4

1334

Sale

434

Sale

3334

9

10

4
3

4

4

434
1634

1534

Sale

5
16

1634
69

5334

1134
234
4834
5334
634
634

12

11%
2%
Sale

634

Sale

Sale

234
Sale
Sale
Sale
Sale
1134

11

10%

11

23%

Sale

12%

Sale
Sale

Sale
7%

1634

8%

n

3934
1334

6%

Sale

8M

JH
Sale
1334

9

5

14

10

Sale

1034
2634

Sale

Sale
Sale
15

39

Sale
634
634
834 Sale
734
8 34
5

28
36
10

1334

30

31

33

3634

28

33 34

13%

13%

14

15

1434
1734
34

1434
1834
34
434

1034
1034
16
1334
34
334
634 Sale

%

1
4%

12%

12%

4

25

23%

2%
88

2%
86%

Sale

61%
3%

4

3

17%
Sale
Sale
49%

16%
16%
19%

4534

Sale

6

8%
98%

8%

4334

4434
102
Sale

99

14

5

334
1034
2634
234
8534

1%
3%

334

1%
3%

24%

2734

70

73

Sale

41

Sale

12

234
234

1334 Sale
22
2034
50
49
5?4
534
8
834
105

4634 Sale
10334
103
5%
434
2% Sale
34
34
134 Sale
334
334
2834
32„

634

6
8

7%
Sale
2%
25
26
4
4%
9%
10
11%
1234
15%
16%
1%
1%
25%
28
2

7%

36%

8
38%
9

7

26
30
*
14% Sale
*
*
334
3%
Mer & Mfrs Sec cl A com
1
28 34
30
$2 cumul part pref
*
334
Mickelberry's Food Prod com.l
734 Sale
Middle West Corp capital
5
Me
Midland United Co common.-*
Convertible preferred A
* '"234 Sale
434
4%
Midland Util 6% pr lien._-100
434
7% prior lien
100
34
7 % preferred A
100
6% preferred A
100
Miller & Hart Inc conv pref__*
1034
1034
Minneapolis Brew Co com
1
1834
2134
Modine Mfg common
*
2%
Monroe Chemical Co com
*
42
Preferred
*
Montgomery Ward & Co cl A_ * 16034

1,100 Mapes Consol Mfg capital
55,162 Marshall Field & Co com

Sale

234
24%
734

1034
1334
1634
234

234

550

390
30

4*

17,490

*

Common

5534

Sale

850 Mountain States Power pref 100

75
22

2334
1134

9

1734

18

30

45

434.
534
10034

14%
S.ale
Sale

38

39

7

4

434
634

534
100

"40""

33

""334

334

234
34
134

Sale

3

Sale

Sale

134
2934

25

38

90

91

5

6

5.34
134

5k

534
1034

12

1734
4434

134
2034
6

29%

1434

Sale

350 Muskegon Mot Spec class

1,850 Nachman Springfilled com
*
860 National Battery Co pref.. — *
1,082 Nat'l Bond & Invest com
150
Preferred series A
1,550 Nat'l Pressure Cooker Co
_

1034
37 34

Sale

3 34
2634
4

834
—

-

3

434
434
34
34
734
10 34
24

National

4734
25

Sale

28%
434
Sale
Me
Sale

534
534
34
%
8
11
Sale

134

Sale
Sale

22

434

4

334
234
34
134 May
234 May
2334 May
6
May
5
May
134 May
1934 May
434 May

334 May 18
May 11

38

35

28

2534
934

2934
Sale

3 34
2434
334

Sale
2834
3k
534 Sale
Me
34
2
234
234
434
5
234
34
34
34
34
5
734
934
834
1834
20

1534
94%

96

534

4

70 Oklahoma, Gas & El

7% pf__100
6

28

May

13

8 34 May 22

Sale

334
2534
334
534

May
May
May
May

21
22
21
21

_

18

2034 Feb. 19
2
934 May
6
Apr. 16

14

page




56.

17

Sale

60

70

1834
12

2034
13 34

134

1854
9934
534

16

1134

13

1334

*

1234

14%

11

*
*
10

534

15

134
IY4.

2334
3634
27

15
10

554 J an.
3
1334 Jan.
Apr. 30
3 34 Mar. 28
4
9034 Jan.
a
6254 J an.
434 Jan. 12
9
434 Jan.
28

May 21
May 23
May 28
Mar. 20
Mar. 25

17

Feb.

17

J an.

3

10
9

May 21

23 34 Apr.
50
Apr.
654 Feb.

534 May 21

834 Apr.

May 28
May 21

12
9

1734 May 21
44 34 May 20
4

100

38

May

734

9

4934 Jan.

11
13

Jan.

30

24

34 Feb.

13

Jan.

2

2

334
34
134
434

134 May 15
234 May 28
2334 May 21
5

154
1934
434
954

20
May 15
May 15
May 23
Jan.

5

Feb.

5

Jan.

634 Jan.

11

9

Apr.

20

334 Apr.

12

Jan.

3

26

iSB

Apr. 25
Mar.

Jan.

17

8

A pr.

26

Jan.

6

28

May

14 34

May

May 22

9

1134 May 21

134 Jan.

4

May 31

334 May 18

13

3

4

28

21

9

854 May 22

Apr. 27
1854 Mar. 28
4
234 Apr.
6
2834 Apr.

734 Jan.
Apr.

54
34

754

14
Sale

9
May
9
May
May 11
6
May
6
May
3
May
May 21
May
3
May
3
May
3
May
9
May 14
May
1
May 10
May
2

26

334 Apr.

17

4

Jan.

Mar. 18

30

Jan.

25

3 34 Jan.

10

534 May 21
Jan.

154 Mar.
5

434
34
34
334
834
1734

Jan.

10
1

8

12

634 Jan.

23

May 28

Jan.

11

Jan.

6

Jan.

20

Jan.

23

May
May

21

40

3634

2734

15
2
Sale
Sale
29

834 Apr. 25
1154 Apr. 11
24
Apr. 29
134 Apr. 16
4234 Jan. 24

37

32

May 21

4734 May

May 14
May 21
May 29

25

Jan.

17

28

7

May

21

35

May

29

7

May
3
934 May 13
May 29
1834 May
2

21

35

1634 Jan.
98
Apr.

18

1134 Apr.
4034 Apr.
1834 Apr.

22

98

434 May 20

434 May 20

4

Jan.

25

1 %

Jan.

9

1034

7

17 )4 May

80

98,
434

22

2334

22

25
4

10

13

10

11

16
47

9
.---

834

May 22
2034 May 24
334 May 22
11
May 17
10
May 23
8
May 22
1234 May 21
47
May 25
834 May 24
1134 May 17
23

.

834

15
13

934

May

34

23

May

May

16

May

10

8

May 22

Mar. 26

Apr.

10
10
4
22

434 Jan.

6

134 Mar. 28

2854 Jan.

Jan.

12

9
16

2054 Apr.

47

70

May 25

8 34 May 24

1134 May

17

May

11

8

11

10

14
% May 21
May 20
13 34 May 24
134 May 14
15
May 21
25
May 21
2334 May 22

11

May

1

834
25

1034
134
1634

2534
2334

7 34 May

T/

34
42,
1234
134
Sale
2734
2534

35

May 15
54 May 21
.35
May 20
1454 May
3
134 May 14
22
May
4
3654 May
4
2834 May
8
10

3

6
Apr.
4
554 May
7
1534 May
12
Feb. 19

36

1234 May 21
11
6

1134 May 17

108
May 29 118 34 May
10
May
834 May 21

May 22

734 Jan. 30
May 23

May

1054 May
1834 May
62

8

2034 May 24
3
Feb. 20

534 May
1534 May
12

23

Jan. 30
16834 Jan. 30 169
3
32
May 21
5534 Jan.
Jan.
3
76
8434 Mar. 9

2

2834 May

May

20
5

Jan.

11

2234 Jan.
1254 Jan.

11
18

May 29 11834 May

9

1434 Jan.
834 May 21
Apr.
Apr. 12 109
12
Jan.
11
Apr. 23

12
23

108
109

34

1434
134
2134

May
6
4 34 May
3
634 Jan. 24

Sale

1

5
11

Mar. 25

May 28

1

5

4

9

Feb. 26

Jan. 11
734 May 14
% Jan. 22
35
May 20

30

Mar. 15

H Mar.

1

40

Mar.

1

13 34 May 24

1534
234
2434
3834

Mar. 18
Jan. 17
Jan.
3
Feb. 15

29

Mar. 28

7

11

'8

Jan.

24

35

6

434 Apr. 23

37

134

4

8
5
3
3034 Apr.
1534 Feb. 21
32 34 Apr. 26

23

1

1

39

5

534

17

1334

13

Mar. 29

Apr.

3
28
3
21

10

8

6

Mar. 27

30

Jan.

6

5

Mar.

36

3

35

334

9

3

May 28 10334 Feb.
634 Apr.
334 May 28

90

13
7

6
May
3834 May

18

35

2

10

Feb.

8 101

Jan.

22

21

2

8

23
5

13
9
1
2734 May 10

2

Wt May
May
May
534 May
34 May
34 May
434 May
834 May
1734 May

8

22
6
8
21
27

Feb.

1

Jan.

29

41*
1534
234
Sale
38
2834

27

2

15
8

1634 Apr.
1934 Apr.

634 May 21
1834 May 25
6634
3934
334
234

8
17

1534 Apr.
3
3534 Apr. 20

5

May

8
8

Mar. 12

42

10

2

8

1334

34

Jan,

27

7
10
Feb.
1034 Apr. 15
1
2654 May

May 22

34e May

1234 May
1634 May
2 34 May

3

31

12

3534
834
134
3634

May 28
May
8

134

15

14%

24

60

35

134

26

28
2734
33 34 Sale
534 Sale
1134
Il34
1134
1034
1034
1934
18
63 34
62

1234

l,500,Peabody Coal Co B com
5
640'
6% preferred
100
1,650 Penn Elec Switch conv A
10
1,200 Penn Gas & Elec A com
*
II,307 Pennsylvania KR capital50
7,796lPeoples Gas Lt & Coke cap. 100
1,480 Perfect Circle (The) Co
*
see

3134 Sale
334
4
734
16
1034
11
1034
1 034

_

17

May 28

3

934 May 21
534 May 28
5
Mar.
1
8
May 21
7 34 May 15
26 34 Aur.
3
36
May 22
1034 May 21
30
Jan.
5

434
854
34
4k

100

2,090 Ontario Mfg Co common
Oshkosh B'Gosh Inc—
270
Common
280
Convertible preferred
800 Parker Pen Co (The) com

For footnotes

134

4

8

1134 Feb. 10
454 May 16
1734 May
9
5
Apr. 18

134 May 18

3634

12

434

Sale

6

23

3534

43

1434

34

Mar.

4934 Apr.

8

Sale

34

10.34

90 34

27

40

6

May
Jan,

1254 Feb.

334 May
1634' May
14
May
2034 May
50
May
5% May
834 May
101
May
May
47.
May
103
434 May
2 k May
34 May 10
134 May 13
3
334 May
30
May
4
634 May
9
8
May
1
234 May 17
26
May
8
1
734 May

May
May
May
May
May
May
May
May
May
May
May
May

Standard—

763 Omnibus Corp common
40
Preferred class A

Mar.

9

434 May
May
May
234 May
8934 May
5734 May

9
May 22
1134 May 21
134 May 21
22
May 31

Sale

9

2 34

40

*

*

30
24
29
3
25

3034 May 21

4

12

1234

3834

134

2

7,600
Common stock
10
16,590 Noblitt-Sparks Ind Inc cap__5
30,350 North American Car com
20
750 Northern Paper Mills com
*
3,450 Northern 111 Finance com
*
18,150 Northwest Bancorp com
*
1,800 Northwest Eng Co capital
*
870 Nor West Util pr lien pref--100
3,380
7% preferred
100
380 Nunn-Bush Shoe common—234

Apr.
Apr.
Apr.
Apr.
May

18
Feb.
66
Apr.
5734 Jan.
1234 Apr.
234 Jan.
49% Apr.
5634 Apr.
734 Apr.
634 Apr.
4 34 May
12 34 Feb.
25
Apr.
12 34 Feb.
2754 Jan.

Nat

4,790

5

1734
434
2934
234

32 34 Apr.

100

Republic Invest Trust—
Cumul conv pref

Mar.

14

26

20
19
15
12

1434 May 25
May 23
May 25
May 28
May 22
May 22
38
May 23
354 May 22
4 34 May 25
4 34 May 22
8
May 28
12 34 May 22
9 34 May 27
1734 May 21

9

29

38

May 23
34 May 25

2

11
27

77

A—*

10

1934

734

6

934

Apr.
Apr.
Feb.
Mar.

1434 May
18
May
% May

10
10
27
21
25
21
23
28

334 May
12

Sale

2934

27

334
334

1134
534
1034
1434

1634 May
9
934 May
2
534 May 27
10
May
1034 May
2634 May
3934 May
14
May
3534 May

May 22

13

Sale

100 Masonite Corp common

9,250
1,490
3,250
1,000

234

Sale

16

6%

22

19

134

3

9

1734 May
34, May
2
May
634 May
1834 May
May
6634 May
3934 May

3%

17

5734
334
334

634

10

Libby com_7
Lincoln Printing Co com
*
$3.50 preferred
*
Lindsay Light & Chem com-10
Preferred
10
Lion Oil Ref Co capital
*
Liquid Carbonic common
*
Loudon Packing common
*
Lynch Corp common
5

Sale

100

2%

2,020 McCord Rad & Mfg'"A"
*
630 McQuay-Norris Mfg com
*
50 Mc Williams Dredging Co com *

2,300
1,800
1,750

Jan.

3
21

934 May 21
534 May 28
5
May
7
8
May 21
734 May 15
2634 May
1
36
May 22
1034 May 21
3534 May
3

1234
534

1434
9 34
Sale

934
1834

2
4

May
May

4

9

Sale
934
534

2534

185*
7%
5%

8

4534 May

22
17
15
15
23

9
May 21
1134 May 22

1434 May 29
3
May 28
1434 May 25
60
May 23
3534 May 25
834 May 28
134 May 22
3634 May 22
38
May 23
334 May 22
434 May 25
434 May 22
8
May 28
1234 May 22
934 May 27
1734 May 21

1434
1634
334 Sale
1534 Sale
5834
6534
2634
3834
7
1034
134 Sale
3834
3934
40
4034
3 34
4 34
434
434

Sale
Sale
26

2134
11%

27

31.971 Libby, McNeill &

18,900
2,030
26,010
133,650
4,250
27,850

934 May
May
4 34 May
934 May
31
May
4 34

934 May
3
434 May 16
1734 May
9
5
May
1
17
May
6
60
May 23
3
5234 May
1134 May
234 May
49 34 May
55
May
7
May
634 May
434 May 22
11
May
4
2134 May
1
12
May 10
2534 May
2

9

Houdaiile-Hershey—

9,900
I,350

25

3034 May 21

8

6434

47%
54%
3%

19,547
Class B
*
3,450 Hubbeli, Harvey, Inc com
5
2,555 Hupp Motor Car common
1
9,9001 Illinois Brick Co capital
10
8,567 Illinois Central. RR com—100
4,650 Indep Pneum Tool s t c new..*
2,371 Indiana Steel Prod com
1
2,800 Inland Steel Co capital
*
7,338 internat Harvester common—*
70 Interstate Power $7 pref
*
280
$6 preferred
*
1,870 Iron Fireman Mfg Co vtc
*
20,216 Jarvis (W B) Co new capital-.1
5,850 Jefferson Electric Co com. — *
1,100 Joslyn Mfg & Supply Co com-5
13,000 Katz Drug Co common
1
10,500 Kellogg Switchboard com
■*
480
Preferred
100
3,885 Kentucky Util jr cum pref..50
1,900
6% preferred
-.100
4,450 Ken-Rad Tube & Lp com A--*
6,450 Kerlyn Oil Co common A
5
7,750 Kingsbury Brewing Co cap
1
4,250 La Salle Ext Univ common._
7,350 Leath & Co common—
*
310
Cumulative preferred
*

900

15
434 May 17
7
May 13
13 34 May
4
37
May
13 34 May
17
May
434 May
2934 May
234 May 25
10% May

22
17
15
15

2 34 May

234

3034

3134

16%

10%
2%

Hail 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
100 Heller preferred (w w)
25
1,680 Hibb Spencer Bartlett com—25
1,160 Horders Inc common
*
950 Hormel & Co (Geo A) com—*

4,075
1.746

May
May
May
May

May 23
9
May 21
1134 May 22
3 34 May 18
21
May 23

23

48

69

56 %

8,510
1,400
1,400
14,500
4.200

8,800
1,250
11,060

Highest
Sale Prices

31

33

46

Sale

16
63

Goldblatt Bros Inc common-.*
Goodyear Tire & Rub com...*
Gossard Co (H W) common..*
Great Lakes Dr & Dk com—*

1,450 Le Roi Co common

Lowest

Sale Prices

934
4k
434
934

18
434

8%
Sale

16

Highest
Sale Prices

40

Sale

3954

2,513
2,000
7.900
7.199
36,738
4,522 General Outdoor Aav com
*
3.901 Gillette Safety Razor cora___*
150 Godchaux Sugars Inc class A_*

6,550
8,907
7,550
27,900

934
434

6

234

& Dock Co common-*
Four-Wheel Drive Auto
10
Fox (Peter) Brewing com
5
Fuller Mfg Co common
-1
Gardner Denver Co com(new) *
$3 cum conv pref (new)—20
General Amer Transp com
6
General Candy class A
5
General Finance Corp com
1
General Foods common.
-*
General Motors Corp com
10

1,850
2,700
6,100
23,600
7,300

Ask

1334

1134 Sale

15
334
24

13

5
8

9

33 34
13

20 Fair (The) preferred
100
2,282 Fairbanks Morse common...*

Fitz Simons &

10%

6

8

Lowest
Sale Prices

May 31

Ask Bid

Bid

13

9

434

0

270 Dexter Co (The) common

Ask

Bid

Far
*

1

May

1940

Shares

1

Price

exchange

STOCKS

Jan. 1

RANGE SINCE JAN.

IN MAY

PRICES

chicago

SALES

55

stock exchange

chicago

June, 1940]

May

14

15

May

21

25

May 21

134

23 34 May 22

1234 Jad.

25

5t>

OHIO A GO

EXCHANGE

STOCK

AOOREOATE
SALES

CHICAGO
STOCK EXCHANGE

In

May

Jan. 1

Shares

Shares

PRICES IN MA Y

650

6,450
735
400

6,534
150

2,378
1,320
150
870

1,150
670

4,450
1,600
1,150
3,249
1,050
310
400

160

4,750
200
10

2,693

STOCKS

1940
Par

3,000 Pictorial Paper Pkg com

11,900 Pines Winterfront common
1
%
12
1,208 Poor & Co class B
*
1,850 Potter Co (The) common
1
X
18,491 Pressed Steel Oar common—1
14%
150 Process Corp (The) common..*
Ys
6,108 Quaker Oats Co common
* 119
2,820
Preferred—
100 145
45
1,800 Rath Packing common
10
2,370 Raytheon Mfg Co com
50c
%
3,550
6% preferred
5
X
840 Reliance Mfg Co common
10
11%
20
Preferred
100 101%
Rollins Hosiery Mills—
9,600
Common
4
1%
8,000 Sangamo Elec Co com (new).*
25%
9
5,700 Schwitzer Cummins capital—1
15,500 Sears, Roebuck & Co capital..*
5,900 Serrick Corp class B common.1
1%
28
1,690 Signode Steel Strap Co pf
30
15%
1,150
Common
*
850 Sivyer Steel Castings com
*
14%
23
23,150 South Bend Lathe Wks cap..5
25
380 South Colo Pow cl A com
3,740 Southw G & E Co 7% pref--100 107%
110 Southwestern Lt & Pow pfd__*
95
10 %
7,443 Spiegel Inc common
2

%
12%
Ys
Sale
1

.

Joseph Lead Co cap

10

4,650 Standard Dredge (new) pref.20
11,815
Common (new)
1
469 Standard Gas & Elec com
*
18,468
1,050
1,000
10,848
1,100
59,810
49,254
17,041
6,614
11,385
6,300

300

3,675
3,322

Stand Oil of Ind capital
25
Stein & Co (A) common
*
Sterling Brewers Inc common. 1
Stewart-Warner Corp com
5
Storkline Furniture com
10
Sunstrand Mach Tool com
5
Swift & Co capital stock
25
Swift Internacional capital--15
Texas Corp capital
25
Thompson (J R) common
25
Trane Co (The) common
2

10,997 Union Carbide & Carbon cap.*
18,284 United Air L Transp capital__5
200 United Gas Corp common
1
2,765 U S Gypsum Co common
20
38,727 United States Steel common..*
4,176
7% cumul preferred
100
11,640 Utah Radio Products com
1
5,400 Utility & Ind Corp common..5
9,850
Convertible preferred
7
860 Vildng Pump Co common
*
120
Preferred
*

""878
11,461
1,634
5,290
750

3,400
270

2,150
6,445

11,850 fWahl Co common
*
21,224 Walgreen Co common
*
931 Wayne Pump Co capital
1
5,338 Western Union Teleg com..100
2,055 West'house El & Mfg com
50
2,300 Wieboldt Stores Inc com
*
500
Cum prior preferred
*

332

2,104
885
900

260

Williams Oil-O-Matic
400

1,300
8,850
10,600
5,762
3,150
28,392

4,650
1,600
1,892
1,100
9,390
*

No

par

value,




com

*

Wisconsin Bankshares—
Common
..*
Woodall Indust common
2
Wrigley (Wm Jr) Co capital..*
Yates-Amer Mach capital
5
Zenith Radio Corp common._*

1%
27
10
Sale

1%
29

17
Sale
Sale

42

'l2%
Sale

2%

2%
Sale

7

15%
Sale

14%

4%
Sale

87 Vs
16 %

Sale
Sale

83'
66%

86

Sale
Sale

Sale
Vs

IVs

19

Sale
Sale

1%
1%
20 Ys Sale
22
21%.
26Vs Sale
116
117%
6% Sale
-----

1%

16

Highest

Sale Prices

Sale Prices

4

3% May 15
% May 11

5

6%

5Ys May
% May
Sale
6Vs May
May
7s 97 % May
Sale
145
Sale
May
37% 37 % May
% May
% May
9
May
7%

8%
iilH

c

42

1

Sale

M
9

12%

nH

3%
4
30%
30 %
8%
9%
85% Sale
1% Sale
30
30%
16% Sale
16
14%
28
2854
1 Ys
2%

9
38

11%
lYs
1%
27%
13

Sale

3
21

24

6%
65%
1%
22

Sale
Sale
1%
28

15
11%
12
8%
23% Sale
Vs
2Ys

5%

40

30

76%

68%
854

13
Sale

6
62

1%
2854
14
12

20%
1%

6%

5

May
May
May
May
May
May
May
May
May
May

18
21
21
28
21
20
17
21
21
13

May 24
May 22

4

30%
854
86%
1%
3054
17%
14%
29%
1 %
95
9

May
May
May
May
May
May
May
May
May
May

73
Sale
IVs

76

Sale

20% May 28

8
1

May 15
May 22
May 21

76
12
1 %

15

10

Sale

29

Sale

46%
5%

21%

Sale

Sale

5%

15%
Sale

11

1%
6%
4% Sale
23% Sale
18% Sale
17% Sale
3454*" 35%
4%
11%

55!

AH-

63 Ys
14%

Sale

Sale
Sale

15
11
28
7

28

6

May 15
May 10
May
1

l°8H
3?*

May
May
May
May

2?^

61 % May 28

81 % May

12% May 21

21% May

1
8

23 83% May
2
21
63% May 10
21 123% May
_
23
1% May
14
% May
21
1% May
23 24% May

101

81

83

61

64

58%
60% Sale
46% Sale
41%
123 Ys Sale
109
110% 103%
1
Sale
1%
1%
%
% Sale
%
1 %
1%
lYs
1%
23
Sale
19
11%
2454
40
38 Ys

2H

1%
23 Vs
22
21 Ys

113 Ys

6%
94

Sale
Sale

18

23

Sale

15%

Sale
Sale
7

86

95

90

1.M

15

88

45*

J3/*

95

1% Sale

1

1%

5

4%
5 Ys

3Vs

4

4

88

2%
16%

t Name changed from The Wahl Co.

to

92
3

15Ys

5

Sale
Sale

7

3%
Sale

Eversharp,

I*

80
Sale

2

9%

Inc.

Sale

x

Sale

1%
16%
14%
14%
76%

May
May
May
May
May
May
May

19

Feb.

9

Apr.

6

Mar.

7

6

11% May 29

18

Mar. 18
Feb. 15

38% Apr.
80
Feb.
14
Mar.
2% Mar.
2% Jan.
28% Apr.

3
4

15
7
14

12
19
4

14

Jan,

2

Apr.

8

9

Feb.

17

7.

Feb.

7

295
,

„

22

May 10

25% Mar.
32% Jan.
47% Apr.

9
4
8
5% Apr. 24

16% Apr.

8

J an.

3

88

23% Apr.

4

Feb.

1
25
3

87%
68%
124%
1%

Jan.

Jan.

Apr. 23

May

3% May
3% May
72% May
2
May
8% May

May
May
May
May
May
May
May 21
May
1

4% May 17
5% May
1
8
3% May 17
15% May
3

92 % May

Jan.

5

Jan.

12

4

Jan.

Apr.
24% May

Jan.

May
May
May
May
4
May
91
May
% May

Ex-dividend.

30

Apr.

Apr.
Jan.

11

May
May
May
May

Jan.

Jan.

Apr. 15

111*

May
May

4

2

Jan. 17
Feb. 20
May
1

Jan.

30

38% Feb.
1
75% Feb. 27
8
May 22
1
May 21
1% Mar. 25
20% May 28
10
May 22
1% Jan. 15
4% May 22
4% May 31
15% Jan.
9
17% May 29
17% May 29
33
May 28

May 22
1 % May
3
4% May 22
4% May 31
20
May 21
17% May 29
17% May 29
33
May 28
4% May 21
11% May 29

4
4

Apr.
4
17% May 10

15

108% Jan.
95
May
5
May

6
14
3
1
13
10
18
1
1
6
2

16

Apr.
8
30% Apr. 26

Jan.

14

12

28% May
13
May
1 % May
7 % May
6% May
29% May
24% May
29% May
46 % May
5% May
15
May

10

Feb.
Jan.

18
May 18
28 123% Feb.
7
21 154
Feb. 29

May
May
May
May

28

May 24
May
2

14

Feb. 19
55%
% May 14
1%
% Jan. 11
1
9
May 21
12
101% Apr. 10 101%

62

10
13
10
13

5% Feb.
% Jan.
Jan.

12%
%
lit
14%
%

33

22

33

1

3% May
% May
5% May
% Mar.
6% May
May
97
May
145
May
.

Feb.

2%
Sale

28
24

81%
20%

3
22

95

9%

1%
1%
7% Sale
6%
6%

15

May
3
% May
3
28 10% May
9
21
% May
7
14
28
May
9
18
% May 18
28 119% May 10
21 154
May
9
14 40
May 10
14
% May
9
1
15
May
1
12
21
May
4

103

2

4%

2%

Lowest

Sale Prices

Feb.

40

48

12

76

32

90

153 Ys

i.K

Highest

Sale Prices

101%
Sale

Sale

1%
%
1%

\*

Sale

101%

22

117

%

39

%
13%

6

4

isASale

1

13

15%

11%
%

118%

48

Sale

IPs

%

,

10%

151

41

IPs

4Ys

Lowest

Ask

May 31

Ask Bid
5
3%

c

Sale

75%
12

1

Bid

4%

2,650
3,900

20,850
12,593
6,454
2,194
5,065
1,450

May

Ask

4%

111 St

4,415

Bid

5

370 St Louis Nat Stockyards cap..*

360
250

1

Jan. 2

20

"5",797

RANGE SINCE JAN.

Price

Since

40

Jan.

May

2jJ

8

Jan.

2

1 % May 16
2
Feb.
16% May 22
23% May
14% May 23 24% Jan.
14% May 22
28% Jan.
76% May 21 117% Jan.
4
May 21
7% Jan. 10
91
95
May 21
Apr. 30
% May 15
1% Jan.
9
^

3% May 15
3% May 15
72% May 23
2
May 31
8% May 22

5%
6%
93%
3%
17%

Feb.
3
Apr. 16
Apr. 29
Apr.
8
Apr.
8

Baltimore Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
Stock Sales
Jan. 1 to

May

--

243,916

Jan. 1 to

1939

1940

$199,500
1,072,100

$279,800
1,348,600

May

39,457
240,865

65,603

Shares.

Bond Sales

1939

1940

May

May 31____

AGGREGATE

BONDS

500

25,666
1,000

Shares

10,283
20

400

2,668

Atlantic Coast Line Conn
Certificates of indebt 5 %
4,000
884,850 Bait Transit Co 4s fiat
1975
A 5s flat
1975
336,400
B 5s
-.—1975
49,500
29,000 Finance Co of Amer49r--1947
Georgia & Alabama Ry Co
2,000
1st mtge cons 5%
1945
4,000 Interstate Bond Co 5% ..1946

STOCKS

Shares

1,758
489

1,269

456% pref B

406 Davison Chemical Co com

"4",306

10,430
2,982
3,443
2,012
1,507

609

1,510
682
440

3

2,616
7,200
420

16

2,237
614

1,400
431
20

19, 357

No

Northern Central Ry

Owings Mills Distillery

1

60
..1

Penna Water & Power com
Preferred

988 Western National Bank

value

par

z

3256

I""

34

39

9456
103

Sale
Sale

96

100

100

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

May 31
Ask

30

Sale

23

30
3456 Sale
9156
101
10356 102

166"

100

20 56
22

21

Sale
1.55 Sale

17
19

Sale

1456

Sale

Sale

31c

40c

1.90 Sale

May 15
May 21
May 21

84
35

May 15
May
2
6

84
23

May 15
May 21
May 21

May 28 103

May 17

30
92
102

May~2l

10
100

Mar.

May 21 100

11

May
May

40 56 May

81

11756

1.55 Sale

11

May 24

17
May 14
30c
May 18
1.35 May 18

19

May
1
May 14
May
2
2.15 May
3

Sale
-----

Sale

70
112

Sale

69
112

8

17

1
4

1056 Sale
3054 Sale
123

3056
956

125

3256
10

1256
30

12556
31

956

32

856

Sale
Sale

18

Sale
10056 Sale
27
30
3156
956 Sale

.....

9

6
May
16
May
9156 May
25
May
956 May
4
May

1356 May 11
21
28 3056 May 2
3
22 12656 May
9
21 3156 May
956 May
9
22
4
May
9
9

2056 Apr.
69
May
112
May
756 Mar.
6
May
16
May
9156 May
25
May
956 Mar.
4
May
46

17

Sale

1856

Sale

1456

1656

12

35c
3oc

48c
Sale

30c
35c

Sale
45c

30c
25c

55c
30c

35c
27c

May 21
May 21
May 21

19

50c
45c

May
1
May 15
May 15

1.25
263

135i
2756

Sale"
2856

2454 Sale
2956
2856
2.25 Sale

4556
4356
13 56 Sale
1.40
1.50
86 5*
89
35c

20c

45c

_

Sale

1256

1.15

Sale

8956

Sale

-----

50

1.00

84

Sale
8556

30 c
68

May 10
May
6
2856 May 22
2.25 May
1
4556 May
1

26256 May
17
May
2756 2656 May
1.75 May
May
3956::::: 41

17

67
110
87

263
27

255

1256
2654

50

6756, 68

20

Sale

'56" :::::

1756 May
7
1.15 May
1
8954 May 11
30c
May 21
68
May
9

12

May
1.00 May
84 56 May
25c
May
5456 May

Feb.

12

May
35c
Apr.
25c
Apr.
156 Mar.
258

Jan.

Mar.
Mar.
Jan.
May
4456 Jan.
12
May
1.00 May
8456 May

1356
2656
156
41

23c

6

6

14

May 21 101

30c
Mar.
1.35 May
21
Feb.

May
May

Mar. 28

4056 Apr.

4

17

May 28 82
May 20 118

87

3556 Apr.

9556 Mar. 1
May 28 103 56 Jan. 12

Jan.

36c

21

21

*

118 Phillips Packing Co556 % pf 100
15 Real Estate Trust Co
100
188 Seaboard Comm'l 5% pref ..50
Common...
59
10
2
44,071 U S Fidelity & Guar

173
•

North Amer Oil Co com

10356

Sale

50

30
143 National Marine Bank
New Amsterdam Casualty....2

19,534
9,968
1,259
22,050
2,282
2

"""80

1

1

100

3,450 Merch & Miners Transp
*
1,532 Monon W Penn PS 7% pref.25
1,031 MtVern-Woodb Mills com. 100
Preferred
—.100
1,189

353
103
311

"5",404

5

3 Ga Sou & Fla 1st pref
100
125 Guilford Realty Co 6% pref100
9,214 Houston Oil preferred
..25

1,263

1

Ask Bid

1

....

233 Maryland & Pa RR com
248 Mercantile Trust Co

Bid

84

27

3156

*
8056 8256
100 117# Sale

Eastern Sugar Assoc com v.t.c.l
Preferred v.t.c._
1

37,450 Mar Tex Oil
Common class A
7,694

Ask

1

Fidelity & Deposit
20
Fidelity & Guar Fire Corp.—lO
Finance Co of Am class A

Bid

par

29,665 Arundel Corp......
*
800 Atlantic Coast L (Conn)
50
4,985 Bait Transit Co com vtc
*
1st preferred vtc
13,299
.....*
65 Black & Decker common
.*
20 Brager Eisenberg Inc com.
4,072 Consol Gas E L & Power

May

1940

BALTIMORE CITY BONDS-

170,650
81,650

1

Price
Jan. 2

Since
Jan. 1

May

RANGE SINCE JAN.

PRICES IN MAY

BALTIMORE
STOCK EXCHANGE

SALES

In

Feb.

5456 May
Apr.

112

Mar. 28
Feb. 20

2156 Jan. 16
4
2056 Apr.
55c

Jan.

6
15
2056 Apr.
5
8356 Mar. 26
11956 Feb. 10
8
Apr.
4
Feb.

14

Apr. 18

3156 Apr. 23
Jan.
8
3256 Feb. 27
Feb.
5
10

130

4

May

9

Feb.

6

1956 Apr.

3

50
65c

55c
2

265

27

Mar. 26
Jan. 11
Feb.

9

Mar. 12

May

6
2956 Mar. 27
Jan. 26
Jan.
9

J*
50

Y.H
90
•40c

Apr.
5
Apr. 23
Jan.

11

Mar. 27

Jan.

3

9
7256 Jan.
Apr. 24

112

1456
39
Sale

22

33]

Sale

3456

90

May

3

90

May

3

87

Feb.
Mar.

90
75

Mar.

71

22 J

95

Feb.

9
2

18

13

May 14

13

May 14

36

Feb.

40

Apr.

1

13

Mar.

16

1456 May
33
May

Mar. 15
Jan. 19

37

42
Sale
-----

16 56
31

Sale
34

1456 May 21
33
May 25

2256 May

1
3456 May 16

IV*

Mar. 18

Ex-dividend

\




25

2.50 Apr.

21

\

■

Boston Stock
MONTHLY

/

Exchange

YEARLY RECORD

AND

RANGE OF PRICES ON BOSTON STOCK EXCHANGE
Stock Sales

May

1940

Shares_

Jan. 1 to

May 31__.

AGGREGATE
SALES

1939

292,378

2,098,954

BOSTON
STOCK EXCHANGE

In

Jan. 1

11,000

Shares

PRICES

BONDS

166,000 East Mass St RR

1940

157

30,408
159
50
153

239

1,623
6,365
2,901
1,471
50
15

A 4 Ms *48
1948

92

93

100%

..1948

96

Series D 6s

1948

96

106

ser

STOCKS

_

732

First

preferred
66,753 American Telep & Teleg
230 Bigelow-Sanford
916
6% cum pref

3,909
9,333
19,024
9,245
6,111

5

4,OS6
180

290

1,478
170

83

1,061
200
951

5,745
145
"

2,764
24

15
418

37,110
5

324
87
1.720

1,104
5,343

2,337
266
80

1,627
1,098
600
25

4,845
235

5,712
475

7,443
3
30

1,215
623

Sale

45c

lk
15%
172 k

50c

35c

1 »A

lk

50c
Sale

16

30
92

Sale

31*

Sale

Sale

149

25k

26

17%

18%

95

99

65

90

33c

ik
15k
144 %
k
15 k
93 k

81

Sale

69

Sale

*66%

144

Sale

130

Sale

126

100
Boston Herald Traveler Corp.*
364 Boston & Maine pref stpd__100
Common (stamped)
781
100

44

Sale

46

Sale

40%

Sale

20 k

Sale

16

591

Prior

2k

Sale

9

2

Sale

2

—

100

2

...100
—

.100

pref stpd ...100
...100

_

Hecla

5

211 Cliff Mining Co
11,125 Copper Range Co

2%
2%
lVs
1%
2%
lk
14
17.

*
10

Co

2,532 Eastern Gas & Fuel Assn com.*
8,507
4%% cum prior pref
100
6 % cum preferred.
6,708
100
2,071 East Mass St Ry Co
100
First preferred
1,184
100
Preferred B
100
1,535
Adjustment
100
1,873
32,893 Eastern SS Lines, Inc
Preferred
355

*
___*

25 Economy

Grocery Stores
*
16,474 Employers' Group Assoc
*
370 General Capital Corp
._.*
Georgian Inc (The)—
8% cum class A pref
180
20
1,032 Gilchrist Co
5,827 Gillette Safety Razor Co
561 Hathaway Bakeries class A

Sale

6k

2k
43 %
20

2 k

2k
2k
2k
3k
3

2 k

14 k
19

50c

2 k
Sale

1

2

1%

3 k

1

3%
3k

2 k
1 k

3k
3k
3k

1%

3 k

1

3 k

2 >4

1%

3%

2

3 k

1

3%

3%

16

12
9

lk
Sale

45c
4 k
5c

Sale
Sale

3
52 k

60c
Sale

16

3k
Sale

3k
2 k

41 k

23

23 k

15 k

66c

75c

60c

70c

58

61

61

54

58

15k
2k
3k

16k
3k
4

Ilk
ik

21

23

22 k

40

22

40

16

17

15

15%
23 k
30k

6 k

13

7 k

8k

2

lk
4 k

2

Sale

24 k

Sale

12k
17%

30

18
Sale

Sale'

22

k

1
5

6

3

5k

6 k
5

4

4 k

100
1

Mayflower Old Col Copper..25
5,214 Mergenthaler Linotype
*
17,883 Narragansett Rac'g Assn Inc.l

43

40

75c

45c

90c

Sale

k

5k
Sale
4

2

28
38c

33
45c

6% cum pref
15
2,805 NYNH & Hartford
101,315 North Butte Mining
111 Northern RR (N H).

1
*

*
100

12 k

2

lk

16
7

15

25

22

2k

2
17 k

7k

8
Sale

2 k

2k

2

4

15

1%
16
5%
18

ik

2

k May
26
May
12% May
60c
May
54
May
10% May
1% May
4
May
22% May
12% May
16% May
23% May

4% May

4%
3%
28
45c

4k
3c

if
Sale

6

Sale
k

Sale

12%

14%

Sale

4 %

5%

lk

lk
Sale

1

1%

116%

Sale

1

4

63
64c

Sale

Mc*

Sale

Sale

%6 Sale
49c

Sale

72

59

77

30c

60c

30c

40c

46c
72

12c

40c

11c

40c

11c

50c

10c

25c

39c

*

14 k

Sale

50

23 k

Sale

25

lk
9k
lk
11 k

Sale

8 k

Sale

11 k

12

Sale

9k

*

com

2,498 Union Twist Drill..
24,957 United Shoe Mach Corp
6 % cum preferred
1,932

22,017 Utah Metal & Tunnel.
775 Venezuela Holding Corp...
324 Vermont & Mass Ky Co
3,704 Waldorf System Inc

60c

2k
9k

1.00

14 %
21k
lk
9

60c

15k
Sale

lk

8
16 k

1

Sale

7

10 k
Sale

8%

1

8%
Sale

1%
10%
1%
Sale

25
25
1

.1
100
*

;
*
2,425 Warren Bros
356 Warren (SD)fc Co common..*

30 k
7c

Sale

24 H
84 k

28
Sale
Sale

43 k

47c
2

80

6k
lk
25 k

10c

55c
2 k
90

7

lk

32

1

8c

28 k

Sale

50c

24%

11c

3

53%
23%
75c
66

14%
1%
7%

27%
12%
25
30

May
May
May
May

20
23
13
23
13

5

May

6

* May
4% May
42
May

45c

18
17

May 28
Mar. 12

Jan.

10

32% Jan.

10

8
May
*66% May
126
May
38% May
16% May

2 103

Mar. 28

11
12% Apr.
5
Feb.
8
29 86
5
23 149% Jan.
5
23
50% Mar.
29 20% Apr. 18

Jan.

2

% Apr.

11

Jan.

17

5

May 22
May 17

1

1%
1%
1%
1%
1 %

May
Feb.

4
2% Jan.
8% Mar. 27
Jan.

10% Jan.
3
May
2% Jan.
3% May
3
Apr.
2% Mar.
2% May
3% Mar.
3% May
1% Feb.
16
Apr.
19% Jan.

18

Y

16

May 28

Feb.

7

May 15
Feb.

2 k Jan.

7

5

*'

1

6

13

May 24
May 20
Jan.

4

26c

17
4

3
5

3
20
27

9
28

7
13

11
5

7
1% Mar.
8% Feb. 21
Mar.
8

4k May 21
Mar. 14

23

5 k Feb. 21
7c
Mar. 29

lk May 23
26
May 21
12% May 22

3% Mar. 12
55% Mar. 12
24% Apr.
3

3% May 23

7
6
10
7
13

Jan.

16

Jan.

12

May
May
May
May
May
May 10
May 23
May
4
May
3
May 22
May
1
May
1

May

Jan.

60c

Feb.

54

May
May
May
Apr.
Apr.
May
May
May

7

1%
3%
22

12%
16%
23%

1

1

24
24
23

66

1

2
22
22
21

Jan.

May

Jan.

Jan.

20

Apr.
Apr.

23
20

2%
7%
30
18%
26%
31%

May

25c

Feb.

6

Jan.

4

Apr.

16

Jan.

4

Jan.

20

Apr. 24
Mar.

9

23

9
25

% Mar. 20
4% May 20
4% May 23
28

3

17% Jan.

2

Feb.

2

May

42

7
20

May 20

1% May

26

Sale

58 k

Sale

39%

41

40c

45c

2

89k
ik
28

3
89

ik
32

6

%
25%

6%
1

27

2"

% Apr.
11c
Apr.

9

9

12% Jan.

6

Jan.

3

Apr.
May
1% Jan.
12
May
5
May
15
May
2
May

12% May
1% May
15
May
7% May
22% May
2% May
5c
May
16% May
6 %' May

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

23 132

5c
12

3
15

4% Jan.
4c
Apr.

3

1

108

May
May
40
May
35c
May
2
May
75
May
5% May
% May
55

25
18
29
22
3
29
21
21

May
Jan.

May

Apr. 24
9
8% Feb.
Feb.

2% Mar.
5c
Apr.
17
Apr.
6% May
6c

Feb.

15

19

24
27
11
26

8
lk Feb.
5
38% Jan.
Apr. 22
4
Apr. 20
65
May 16

137

12c

Mav

9

lie

Jan.

15c

52c

May A3
May
3
May
May
May
May
May
May
May
May 24
May
1

19c

Jan.

52c

92c
72

14%
21%
1%
9

1%
11%
9%
75c

38%
32

4

Apr.

63

May
Apr.

Feb.

21

Feb.

92c

May

8

61

Jan.

78

Mar. 27

25c

Jan.

60c

Apr.

8

Feb.

29

45e*

7% May
14% May
1
May
8%
1%
7%
5%
57c

30

May
73% May
44% May
57c
May
2
May
90% May
7% May
1% May

Mar.

May 13
16% Apr. 24
Jan.

4

1% Jan.
9% Jan.
1% Feb.

16

Feb.

17

*4

12

Jan.

75c

May
22% May
Jan.

25% Jan.
55
May
40
May
May
35c

1% Mar.
May
5% May
% May
26% Jan.
75

**

„

Apr.
May
May

38 %

5c
26

May

2

18

25

35c

4

65

1

24
4
15
28
3
23
22
15
1
15
21
21
23
24
22

nr.

2

May
2
May
3
May 16
May
6
May
8
May
4
May 24

11c

Sale

7k

1%

38%
22%

57c

7 k

9

60c

30
Sale
45
3

7%

14%

Sale

73 k
43 k
2

27c

7%
5%
60c

Sale

_~*

...5

92

34

108

40c

(The)
' *
200 Union Cop Land & Min Co..25

Jan.

Jan.

May 22

A*

May
May
May
May
45c
May
5% May
15%
15%
1%
7%

35

130 %

28c

*

9% May
2
May
3
2% May 11
3 % May
3
3
May 20
2 % May
2
2 % May
9
3% May 13
3% May
7
3

3c

10c

sin siH
125

i6

25c

10

23
21
22
15
24
16
23
21
21
22
22
21

May 28
May
7
12
May 22
4 k May 29

22c

~*

21
16
23

2

Sale

*

24
20
18

May
9
1% May 23
12
May 21
5
May 21
15
May 21

26c

13,790 Torrington Co




1

10c

Pennsylvania RR
Quincy Mining Co

Apr.
2
60c
1
2
1% Apr.
5
13% iFeb.
16%
144% May 28 175"

5c

25

Old Dominion Co
Pacific Mills

xEv dividend.

May
May
lk May
4 >4 May
45c
May
3% May

100

Reece Button Hole Mach
635 Reece Folding Mach Co
13,733 Shawmut Assn
12.963 Stone & Webster Inc

No par value.

15

100

Colony
Certificates of deposit

12

12

5c

100

Old

lk

9

1%
11%

100

2.50
..100

30c

11c

12%
lk
14 k
6k
21 k
2k

400

1,300 National Ser Co common
1,235 National Tunnel & Mines
200 N E Gas & El Assn pref
10,385 New England Tel & Tel
29 New River Co common

3

May 22
17
May 11
May 15
May 20
May 18
May
9
May 28
May
7

1

3

36
27c

5

.....

1

6k

.100

Sale
Sale
Sale

21
1.00

2

15
25

4 k

99c

Sale

Maj| 3

1% May* 3

20c

6

*

lk
Sale
75c.

..

20c

4k

_*

Royale Copper

12k

lk
5 k

50c

1

lk
ik

lk May

*

Class B

795 Suburban Elec Secur
2d preferred
"
40

89
98
May 21
Apr.
88
May 24 101% Mar. 26
103% Feb.
6 106% Apr. 10
101% Mar. 19 106% Apr. 10

3

5

17

20c

1%

38%
16%

May~27

3

16

7

3

8

May 25

7

*

.1
320 Helvetia Oil Co t c
140 Int'l Button Hole Mach Co. .10

2,066
1,061
3,798
2,909
19,233
4,498
2,175

8
8
17
13

May 15
16% May 28
May 28 174% May
6
May
3
% May 22
May ,22
15% May 22
97
May 16
May
7
11
May 28
May 14
May 29 83
May
7
May 23 149% May 10
48
May 23
May
2
May 29
20% May
May
b
1% May
May 14
1% May

5%
1%

Sale

15 k

lk

7k

2

Sale

k

2k
2%
2 k
2 k
2k

5V2
7c

65c

Sale

17%

%
1%

*

Preferred

299 Loew's Theatres (Boston)
2,970 Maine Central
Preferred 5%
1,390
6,168 Mass Util Associates vt c

2k

1

25

3,360 Isle

2

2k
3

704 Boston & Providence
100
805 Brown & Durrel Co common.*

5,369 Calumet &

2

k
9%

9

8

Ilk

1

100

pref stpd

1st preferred class A.
Class B 1st
pref stpd
1st preferred class B.
Class O 1st

Sale

2H

100

preferred

Class A 1st

k
1

11 k

100

Preferred.

100
100
CI E 4 % % 1st pref std
14
100
5,883 Boston Personal Prop Trust. *

1,827

560

lk

Sale

150

415

50c

Sale

742

40

88

Sale

92

550

96

_

89

104

96

11%

1st pref class O

25

*

171

Class D 1st pref stpd
Class D 1st preferred

14,965

90

93

87

78

231

60

97
May
May 21
May 24 101 % May
May
May
3 106
May
103% 103 % May 11 106

84

97%
Sale

1

*

865
120

724

Highest
Sale Prices

145

&

287 East Boston

>

100

Bird & Son, Inc
Boston

10

590

1%
15

Carpet com.*
100

525

789

Lowest
Sale Prices

100

339

1,050

Highest
Sale Prices

100

5

1,768

97

Lowest

Sale Prices

Albany

1,556

709

Ask

Boston Edison Co
Boston Elevated

525

150

94

35c

50

1,521 Assoc Gas & El Co class A

311

2,876
50
3,497

1

par

5,126 American Pneumatic Service. *
4,172
6% non-cum preferred
50

100

34

RANGE SINCE JAN.

IN MA Y

May 31

lu6

9,714
4,433

1,475

1

Ask Bid

Series B 5s

1,689

10

Bid

Series O 6s

9

24

May
Ask

15,900
21,550

"

2 ,444

Bid

28,550

Shares

1,220
1,880

Jan. 1 to May 31

1939

$64,300
215,900

Jan. 2

Par

10,150
2,400
5,550

May

Price

Since

May

1940

$31,465
252,665

Bond Sales

726,073

2,129,734

_

12
6

12% Jan.

5
Mar. 14

5
45% Apr.
33% Mar. 16
5c

31

Jan.

8

Apr. 30

78% Mar. 20
44% Apr. 29
62c
2

91

Apr.

Mar.

12
2

Apr. 16
8
7% Mar.
1% Mar. 18
31
Apr. 30

,

RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE
Stock Sales

-Shares_

Jan. 1 to May

77,771

21,536

—

254,876

158,720

31..

AOOREQATE
SALES

May

Jan. 1

320
335
587

1940
Par

Bid

175

1

701 uBond Stores common
7,575 Brewing Corp of America
49 Canfleld Oil common

1,619
-

5,023 City Ice & Fuel
155
6%% preferred
545 Clark Controller
6,930 Cleveland Builders

1,227
25

335
700
806

3,511

12

79

715

2,654
10,238
44,918
3,262

4,375
12,555
1,212
190

710

176

1,070
3,626

1,090

May
Ask

18%

Bid

18%
8

9%

7%

64

13%

87

95

23%
6%

28%
6%

100

59

100

1
Realty—*
Cleveland Cliffs Iron $5 pf— *
Clev El 111 $4.50 cum pref
*
uCleve Graphite Bronze com.l
Cleveland Rys
100
Cliffs Corp
5
Colonial Finance Co common .1
Commercial Bookbinding
*
Dow Chemical 5% pref
100
Eaton Mfg. Co.common
4
Klec Controller & Mfg
*
Faultless Rubber Co com
*

29
Sale

5

8%

"13%

13

13

97

96

98

5

16%
1%

18

14

16

3

2

36

18%
17%

w
114

63%

62%

Sale
114

39%

40
Sale

Sale

28

Sale

17% Sale
12% Sale

12%
8

1%

7

45
107

13

10%

10

6

109

30%

34%

35

27%

50

35

45

47

17

20

16

17

12

365
120

21%

19

14

1,387

*
2,692 ttGeneral Electric com
1,133 General Tire & Rubber com-.5
Preferred
__100
75

40

18%
3%
36%
17%

493
75

*
1,681 uGlidden Co common
3,989 Goodrich (B. F.) Co.co union *
Goodyear Tire & Rub com.. .*
4,660
100
356 Great Lakes Towing

777

1,984
2,025
_

Preferred
100
210
651 Greif Bros Cooperage A com.*
5
232 Halle Brothers..
Preferred
.50
594

55

300
32
160

263 Hanna (M A) $5 pref...

13

875 Harbauer Company
1,651 ulndustrial Rayon com

150
630

1,271
101

1,614
485
492

349
991

235

-

5,198 National Acme Co

com
1
590 uNat Malleable Steel Cast com*

195
70
-

2,236

1,681
2,845
273

150

270

522

.

2,986
485

1,336
200
416
^

1,115
1,681
175

1%

28%
12%
42%
16%
16%
4%
12%
41%
18

25%
10

50%
14%

6

15

43

43%

32
16

18%
2

"38""
8%

6

38%
11%

40

20%
24%
3%

24

3

3%
36%

34%

3 %

74

T%
%
15%

"7%
13

8%

12
Sale

14%
15
Sale

36%

22%
12%
7%
9%
9%
13%
12%
20%

"23""

38%

Sale

9

*

8%
10%
11%
16%
13%
20%

37
37

47

47%

'

4%

*
•
2

3%

3%
10%
14

1%
%
10%

10

9%
61 %
12

18%
6%
7%

5%
7%

10

9
10

13

10

10%

15%

16
Sale

32%
4

•

59%
5%

4%

18

3
21
22

29
21

23
22

29
6
9
1

60

May
6
1
44% May
U% May 21
42
May
1
o98
May 24
9
3% May
a 25% May
7
oil
May
3
42
May 10
16% May 10
3
14% May
3
May 14
13
May
9
o.43% May
7
18
May
9
35
May 13
17
May 10
1% May 13
60
May 10
036% May 11

May
May

May 21 a20% May
2
May 21 o 18% May 14
a3% May
9
May 22
May 14
39% May
7

% May 28
a% May
8

a9% May 22

a

1 % May
a% May
15% May

1
7
6

19% May 21 o23% May
12% May
12% May 22
08 % May
a5% May 21
o7
May 15 al0% May
9
May 21
10% May
14
May
11% May 28
ol0
May
May 25 ol3
al4% May 22 o22% May
31
May 22
38% May
a 6% May
a3% May 21
a

46%

4%

4

3

3%
%
7%

1%
14

May
29% o26
38
a36% May
3

7%
14%

3

May

06% May

o42% May 28 o62% May 10
5% May 17
4% May 14
3
May 22
3%
3% May 10
6

May 21
7% May 23

1

May 21
9% May 13

12%
42%

8%
30%

31

21

22

15

16

based,

z

3

Jan.

60

Jan.

z23 % May

4%.Jan.
z24% Feb.
z6 % May
z42% May
zl3% Feb.
zl3% May
2% May
36% Jan.
55
Apr.
% May
z% May
z!0% May
Feb.

a7% May 21 ol2% May 11
o27% May 28 o44% May 10
al2% May 21 o20% May 10

4

Apr.

May
4% May
3
May
'5% Feb.
1

Apr.

7% May
Jan.

x7% May
z28% May
zl2% May

Reflects range of prices in primary markets.

8

21
30
18
28
21
23
21
22
9
10
28
8
15

75

Mar. 27

zl4% Jan.
z98

Feb.

26
6

16% Jan.

11

Feb.

23

2

63% Apr. 29
zll4% Jan. 10
z43% Apr.
8
9
36
May
9
18% Apr.
8
13
Apr.
8
8
Apr.
117
5
Apr.
9
z37
Apr.
Jan.

3

17% Jan
z21% Jan.

3

50

.

6

5% Apr.

6

Jan.

2

z41

4

Jan.

x

60

Jan.

29
3
4

5
17
6
3
_

13
15
9

13
8

11
8

8
z40% Apr.
8% Apr. 19
z41
Apr. 16
zl3
Apr.
3
z53
Apr.
9
z21 % Apr. 30

z27

Jan.

4

6
23% Apr.
Apr. 10
55
Apr. 10
4
1% Jan.

41

1

Jan.

zl8% Jan.
30% Feb.
28 24% May
15
Mar.
20
z8% May
21
21 zl2% Mar.
10% May
21
28 14% Mar.
25 14% Apr.
21 z23% Jan.
22 40% Mar.
22 z8% Jan.

29

Mar. 13

z42

65

50
9

Mar. 21

Jan.
zl6% May 21 z29
z6
May 18 zl2% Jan.
44
34 % May 28
Apr.
16
Jan.
9
17% Feb.
Jan.
12
May 22 15
4Jan.
2% May 21
10
13% Mar.
May 21
z29% May 21 z46% Apr.
18
May
16% Feb.
7
26
May
May 28 35
13% May 13
17% Jan.
1% May 16
1% Apr.

14

1

Mar. 20

35% Feb.
9 z25% May
28o37% May
22 o43
~
May 13 z35% May
3
27
3% May 14
May
z6% May
23 ol0% May 11

5

1%
8%

90

3
z23% Jan.
zl06
7
May
4
zl9% Jan.
6
z20% Apr.
6
z24% Apr.
18
Apr. 10
60
6
50
Feb.
1
May
50
Jan. 25
41% May 21
15
Jan. 22
11% May 21
41
Jan. 20
42% Apr. 12
z96
May 25 cl05%Mar.30

63

37

26

zl0% May 21
z89% May 31
zl2
May 20
1 % Jan.
13
46
May 20
zl08 ''May 21
z26
May 21
17% Jan. 13
12% May 28
10% May 18
6% May 16
113% May 22
z22
May 22
38% May 24
15% May 18
zl2% May 21
3% Feb. 19
z26% May 21
zlO % May 22
zlOO
May 28
zll
May 21
zlO
May 21
zl2% May 22
13% Feb. 26

May
9 zl7
12% May
22
z5 % May
8
z7
10
May
9
3
May
11% May
13
4 zlO
May
10 zl4
May
31
2
May
z3% May
3

65

35%
28%
36%
2%
6%
11%

41%

were

24

21

Jan.

May 22 z29% Apr. 25
z7
Mar. 15
z4% May 23

30

30 %
17

6

*

primary markets on which odd lot sales

4

10%
14%

1

pref .100

22

9
10
1
28
10
13
11
18
3
20
1
1

74

65
35 %
36

59%

*
3,246 Youngstown Sheet & Tube
500 uYoungstown Steel Door com. *

2%
33%

7%

6%

1

1

18% ol5
17% a 13%
3
a.2%
38
38%

16

%

30

'20%

16
22

18% May
12% May
7
May
115
May
a32% May
49% May
16
May
a 18% May
5% May
037
May
al7% May
al00%May
ol7% May
al6% May
o21% May

2

53

17%

Sale

15%

4

85

3% May
19% a 16% May
a6
May
7%
37
35
34% May
16
13
16% May
12
13
12
May
3
2% May
2%
10
7
13%
May
34
a31% May
33
18
17
17% May
26
30
May
25
13% May
13% Sale
1 % May
2
1%
,
60
May
60
27%- ~28% a23% May
8
4%
a35
May 18
35
May 10 039
30
8%
7
a6% May 28 o 10% May 15

74

1%
18%

"iff

12%

41

38

18

4

1%
17%
7%

53
20

26%

100

com..

Sale

35

1
1
*
*

782 Vlchek Tool—
552 Warren Ref & Chero com
1,552 Weinberger Drug Stores




3
13

"•15%

35

common

10%

1 %

27%
10%

3,773 Thompson Products Inc com.*
368 uTimken Roller Bearing com. *

119 W R I Corp 6% prior
2,662 White Motor

17%
14%

26

13%
23%

7,021 uU S Steel common
2,242 Upson-Walton—
7,878 Van Dorn Iron Wks Co

16%
14 %

6

*
*

1,925 Troxel Mfg
1,212 uTwin Coach

a96

41

37

5

Stouffer Corp—
Class A $2.25 cum pref

42

99

5

40

36%

10

*

40

95

28

11% May

37%

21 a40% May
21
36
May

55
May
41 % May

13%

25

35%

Sale

39

13%

3%
24%
10%

2

55""
10

Sale

60

11%

*

102

17%

35
Sale

14

33

70

42

4

65

*

Reflects prices In
Unlisted.
a

16 %

41

103%

11

Sale

44%
11%

15

11%

104

60

51%

60

5,094 Otis Steel Co common
1,148 Packer Corp
1,758 Patterson-Sargent

1,978 Reliance Elec & Eng com
12,259 uRepublic Steel common
16,639 Richman Bros
1,032 Sciherlintr Rubber Co com
Sparks Withington Co—
6 % cum conv pref
17

11

22

15

*

539 Union Metals Mfg Co

'

15%
28%

19%
12%

45

1,363

*
*
...

45

"

*

41

*
794 Ohio Brass class B_.
55 Ohio Confection Co cl A com.*
*
4,015 uOhio Oil common

424

365

*
*
..100

2,455 National Tile
1,612 Nestle LeMur "A"
4,234 uN Y Central RR com.
270 Nineteen Hundred Corp A

745
700

4,522
4,520

..

7,476 National Refining
$6 prior preferred
1,962
40
8% cum pref

528

300

♦

*
235 Myers (F E) & Bros Co com.. »

"l ,399

1,224

*

775 Murray Ohio Mfg..

66

-

13%
13%
3%
12 %

common..1
*

415 Monarch Machine Tool Co

"190

3

36

1,379 Metrop Pav Brick Co com.. *
43 M etropolitan Pav'g Brick pf 100
*
1,129 Midland Steel Prod
*
2,998 Miller Wholesale Drug

10

39%
102

*
*

2,073 Medusa Portland Cement

782

12

12

375 McKay Machine
693 McKee (Arthur G) class B

275

18

18
17%
17
16%
21% Sale

66

~46%

28%

*

18%
20

12

*

760 Leland Electric

1,112 uMartin (Glenn L)

18%
19%
23%

*

7,206 Lamson-Sessions

255

*
*

23%

36%

3%
29%

103

*

2,781 u Inter lake Iron common
4,127 Interlake SS
682 Jaeger Machine
...
3,207 Kelly Island L&T.

985

"

—

22%

"41*"

6

4
May 16 zl9% Jan.
10% Feb. 21
8% Mar.
6
4% Apr. 13
May 21
8% Apr. 19
6% Jan. 11
3
z45% May 21 z66% Apr.
Apr. 18
8% May 21 zl5
zl3

zl9

9

fllO

a26% May
20
May
Sale
12% May
11
10% May
10
6% May
113
113% May
Sale
a23% May
48
38% May
17
15% May
14% a.12% May
5
6
May
30% a27
May
12% a 10% May
101% alOO%May
12% a 10% May
12
a9% May
15
al2% May
15%

24

29%
49%

3

13

a90

31
Sale

29%

114% 116

116

10
13
11
6

70

10%

2%

112

36%

May

May 22 a!3% May
1
May 25 0963-1 May
9
14
al2
May 13
May 28 al5
2
May
1% May 22
2%
46
58
May 20
63% May 10
109
May 13
al07%May 17 0112
11

12

115

a 1734 May
10
14
May
May 21
4% May
May
6
8% May
May 21 a 63% May
May 21 a!3% May
90
May
9 90
May
May
a!9% May 23 a28
a4% May 23 a6% May

9

91

88

58

Highest
Sale Prices

44

65

12%

21

70

u

20

19%
4%

94

113

Lowest
Sale Prices

4
4%
7%
8%
50% c46
11
a8%

85

22 %

13

4

14%

6

*

49%

63

Highest
Sale Prices

14% al3% May 22

12%
6%

60 %
13

Lowest

Ask

17%
11%
4%
8%

59%
12%

3

—

4

......

750 uFirestone Tire & Rub com. .10
*
909 Fostoria Pressed Steel

656
377

279

1

Sale Prices

May 31

1

Ask Bid

16%
10%

""5%

—

245
-

STOCKS

802 uAddressog-Multigraph com. 10
634 Air-Way El Appli 1st 7% pf 100
1,235 Akron Brass Mfg com (new) .50
5
1,710 Amer Coach & Body
1
1,337 uAmerican Home Products
*
1,671 Apex Electric & Mfg
Prior preferred
100
510

910

RANGE SINCE JAN.

PRICES IN MAY

Price

EXCHANGE

Shares

166
209

Jan. 1 to May 31

Jan. 2

Since

Shares

May_

CLEVELAND
STOCK

In

1939

1940

Bond Sales

1939

1940

-

26
3
2
_

10
13

7
3
3
11
5

3
12
5

63

Mar. 13

36

Jan.

6

38% Apr.

16

J an.

3

Feb.

14
8

z52

5%
zl3%
15%
z68%
5%
4%
6%
1%
10%

Mar.
Mar.

7

Jan.

3

Jan.

20

Apr.

1

Feb. 27
Feb. 21
Jan.

2

Jan.

20

13% Apr.
z48 % Jan.
z28% Jan.

3

65

9
4

No print sales only

Detroit Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON DETROIT STOCK EXCHANGE
Stock Sales

1940

May
AQQREOATE
SALES

1939

i

450,007

Shares_

210,861

| Jan. 1

DETROIT
STOCK EXCHANGE

In

Jan. 1

Shares

450

7,739
872

1,441
12,960
500

5,925
320

STOCKS

Allen Elec & Equipment
Atlas Drop Forge common

Bohn Aluminum & Brass

Bower

Roller

Briggs Mfg Co

15,706
1,025
125
260

3,725
1,396
3,700
10,240
1,510
150
100

520

325

398
117
-

5,184
12,200
1,970
7,216
850

9,180
256
100

1,065
18,193
7,075
2,125

5
.♦
1

common

Brown-McLaren Mfg Co

Burroughs Adding Mach

*
1236c
*

Casco Products Corp
Chamberlin Metal Weather

_*

1

*

187

920

2,572

14,515
22,780
9,277
8,930
16,350
1,508

400

26,350
560
400

10,735
300

12,212
9,575

""348
3,470
1,420

15,573
102

18,420
9,593

~9~, 041
5,265
2,119
977

~2~ 050
3,325
1,500
772

7,395
500

2,563
618

'"6",505
10,715
765

1,645
4,220
100
100

5

90%

15

90c

3

IX
1%
1X
15%

5

*

com.

Frankenmuth Brewing com..1
Fruehauf Trailer Co com
1

3
*
*

1
10

common

Goebel Brewing Co common. .1

IX

68c

85c

3%
1%

Sale

2%

"70c"

73c

5%

6%

15%
13%

18%
13X

*

13%
Sale

1

45c

Sale

1
_1

50c

10

24%

.

page

61.

IX

4

IX

2
53c

25
4%
IX

Sale

27%

II?
rl?

58%

Sale

85c
8

90c

5%
58%

1% May 23
236 May 21
May 20
436 May 23
28% May
1
2736 May 21
13% May 22
60c
May 24
7% May 22
75c
May 16
8
May 14

8
May 10
May
634 May
2836 May
37
May
2236 May
90c
May
1034 May
75c
May 16
8
May 14

55% May 21

8536 May

22c

236 May

136 Feb.
236 Feb.

3 34

26c

_

119

122

IX Sale
IX Sale
70c
IX
16
13X

1

65c

3%

Sale

.....

IX

62c

236
1%
14

75c

80c
Sale

100

IX
1%

75c

9734

Sale

1

Sale

IX

77c

79c

75c

10

13%

1336
19

"6%
1X
Sale

1

16

"60c"

75c
26

1

27%
3%

636
1

May
May
May
May
May
May
May
May
May
May
May
May
May
May

27

May
May
May
May
May
2
May
23
May
4
May
33
May
11
May
136 May
3736 May
2
May

15

75c

15

4

23

134

16

15

20

1534

25

99c

22 12236
15
136
15
13

13
8

136
90c

1336
19

25

934

14

1

20
17
8
16
15
4
9
1
1

20
13
8
2
14

Sale

63c

98c

75c

22
May
1

65c

Sale

50c

75c

45c

May 14

7

9

7

May 24

1136 May 10

5

"28"

'l4% Sale"
3X
2%
25
6

4
Sale

27%

11%
2%
2
.....

Sale

33

35

10X
2%

12%

53%
2%

2%
Sale

Sale

11% Sale
7

17%
10%
13% Sale
14%

Sale

i?

Sale

IX
45c
25
4

1X

6%
IX
Sale

25X
Sale

IX

40 X

2

2%

6

2836
1036
336

1736
1236
2936
Sale
Sale

28

35c

Sale

33c

10

136
42c
20

136

71c

Sale

25c

Sale

27c

Sale

8

iH
7X
136

25c

1

10% Sale
2%
2%

1

18c

Jan.

436
24 36
2734
1336

May
Feb.
May
May
60c
May
756 May
75c
May
8
May

Highest

8
5
12

23
29
21
22
24
22
16
14

Sale Prices
2 % May
8

434 Apr.
6
May
7
734 Apr.
9
2834 Apr. 30
37
May
9
2334 Apr. 30
136 Feb. 20
1236 Jan.
4
26c

134 Jan.
934 Jan.

13
23

28

434
Sale

1436 May 15
10
9

3
1

42c

1934
234
136
24

Sale

78c

37c

68c

38c

18c

34c

18c

134
436
75c

236
736

136
5

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

28
22
21
15
15
21
22
22
14
17
14

29
21
22

3
24
24

95c

75c

436
Sale
134

4

40c

60c

55c

1036
1236
436

11

936
1236
21
434
21
1636
8
236 May 15
3236 May 29

2

8%
136

8

136

21
28
15

1834 May
1336 May
28
May
1436 May
536 May
45c
May
136 May
46c
May
26
May
4
May
136 May
24
May
1
May
71c
May
27c
May
2
May
536 May
134 May
534 May
11
May
236 May

9
1
22
3

3
1
2
14
2

~ii% "12"
16%
Sale

1436
16%
6%

80c

Sale
17%
7X

1336
Sale

15

"3% Sale"

336

44% Sale
10%
20%
8% Sale

43 36

Vi

I

IX

2%
2456
4%
1%
1X
12
96
23

Sale
25
5
IX
1334
100
24

2%

Sale
5

4

Sale

2%

4

70c

2

5

3

125

Mar.

13 36 May
Feb.

2
23
4

May 15
Apr. 30
Jan. 15
May 21
May 15
May 22
May 15
May 21

2034
14

136
8%
1%

Sale
44

2036
Sale

Sale
0
Sale

234
3236
15

Sale

3336

May
May
May
May
May

21
21

60c

1436
1736
7

1636
336
4334

10 34

134
7

1134
Sale
734
136

936 May 21
1
May 15
634 May 21
136 May 22

1436 May
136 May
9
May
134 May

136
1%
236 Sale
2

22

636
136
136
13%

26""
236
334
436

4%

6

8

6%
2

Sale

23

636
236
136
14

9834
-2636

134
134
234
136
1736
4
.....

136
12

136
236
Sale
19
434
136
136
14

28
22
21
15
15
21

9
17
9
8
22
15
17

Feb.

15

35c
...

Feb.

13

5

May 24

72c

Mar. 21

10
10

4

Jan.

26

736 Jan.
136 Jan.

2
2

'26""

2036

Sale

2

Sale

236

3

21

236

434
636
736
234

1836 May
2
May
2
May
236 May
4
May
4
May
136 May

2634
236
336
436
536

Sale

_

436
236

5
6

334

21
15

23
28
21
24
18

May
3
May
1
May
9
May 11
May
7
4
May 24
136 May 18

26

Feb.

436 Mar.
134 Jan.
24
May
136 Jan.
75c
Apr.
27c
Apr.
2 34 Jan.
7

9
24

7
4
14
11
9

17
18

Feb.

29

134 Apr.

15

6

Apr. 15
1136 Mar. 28
236 Apr.

15

May

6

16
Apr.
1834 Apr.
836 Feb.
1636 May
436 Mar.
4436 Jan.
2136 Jan.
14% Apr.
136 Mar.
936 Feb.

18

1

May
May
Jan.
May
May
May
19 •
May
434 May
1
May
1
May
12
May
9836 Mar.
1836 May
2
May
2
May
236 May

21
22
5
15
24
15
28
28
22
15

Jan.

9

10

Mar.

Jan.

Mar.

4

Jan.

136 Jan.
60c

60c

May
May
May
May
May
May 29
Feb. 23
Jan.
8

4

2

43c

936
1256
434
1636
236
3236
2034
834
1

5

4

Apr.

634
136
136
136
2 34
136

52c

5

8
15

19
21
21
21
8
15

Jan.

55c

99

8
25

1334 Apr.
6
Apr.
19
Apr.
1436 Feb.
28
May
1636 Apr.
656 Feb.

9
17
15

15

136 May 13
236 May
1
2
May
1
2134 May 14
636 May
2
136 May
6
136 May
3
1334 May
2

33

15
3

536 Feb.
6
Apr.
1436 May
10
May
28
May
9
May
3
May
33c
May
1
May

10

136 May 15
234 May 24
136 May 15
19
May 28
434 May 28
1
May 22
1
May 15
12
May 14

23

1
8

29

24

18c
May 22
1 36 May
3

8
1
9
1

3536 May
436 Feb.
Apr.
1536 Mar.
434 Jan.
234 Jan.
3236 Jan.
636 Apr.
34

30

30c

19

19

Jan.

14

1

3

Feb.

May
2
Apr. 18

1336 Jan.
256 Jan.
56
Apr.
336 Apr.
136 Jan.
80c
Apr.

Feb.

l

May
May
May
May
May
May
May

3

13

1036 Feb. 16
136 May 23
3736 May 28
2
May 22
75c
May ■
45c
May 14

32

l

9

2
8

Jan.

li'A
!8

636 May
1
Apr.

334
2034
1036
236

5

Feb.

Jan.

236 Mar. 27
156 Apr. 10
Apr.
4

19

27

8
3

Jan.

134 Apr.

9836 May
1
May
136 May
75c

Apr.
Apr.

1836 Jan. 29
19 34 Apr. 10
136 Apr. 23

Feb.

1934 May 22
234 May 14
136 May 17
24
May 14
78c
May 29

1

3
14

2%

"2% "3%

9036
16 34
136
456

5534 May
1536 Jan.
62c
May
236 May
136 May
15
May
14
May

26c
60c

6

15

21
2

33c

1

MX

8
Sale

5X
Sale
Sale

43c
Sale

3

78c

95c

136

24

2

334
2634
1036
236

7

1434

Sale

83c

2

40

1

1%
5%

4

2%
32%
4%
1234

Sale
40c

2%

11%

35

27

"lX

90c
18c

2%

32

15
14
15
21
15
22

May
May
May
May
May
May
May
May
May
May
May
May
May
May

3536 May
1
334 May 14
34
May
9
1434 May
1
336 May
3
236 May
1
25
May 13
6
May
1
33
May
2
11
May 13
236 May 10
5436 May
9
236 May
1
85c
May 17
65c
May
1

3

21

*

_

Lowest
Sale Prices

15

6

13%
5%

_

23

11

99c

30

New certificates

Highest
Sale Prices

78c

5%
25%
12% Sale
4%
5%
2% Sale
27%
20%
4%
5%
32% Sale
10%
14
2%
2%
54% Sale
2% Sale

Class B
Hudson Motor Car
Hurd Lock & Mfg Co com
Kingston Products Corp
Kinsei Drug Co common
Kresge (S S) Co common

.1

4%

4%

16

35%

3%

Houdaille-HersheyciaihsA....*
*

22c

22

6%
IX

Graham-Paige Motor

com
.1
Grand Valley Brew common__l

1%
3%

1%
2%
18c

10

4
3
__5

Ask

19

1

15,038 Motor Products Corp com
*
6,746 Motor Wheel common
5
50,663 Murray Corp common
10
102 Muskegon Piston Ring com 2.50
56,078 Packard Motor Co com
*
24,084 Parke Davis & Co
*
4,979 Parker Rust-Proof com
2.50
36,764 Parker Wolverine Co com
*
19,825 Peninsular Metal Products
1
11,252 Pfeiffer Brewing Co com
*
4.767 Prudential Investing Corp
1
8,213 Reo Motor common
5
2,355 R®° Motors Inc vtc
1
6,143 Rickel (H W) & Co common..2
8,284 River Raisin Paper com
*
7.560 Scotten Dillon common..
10
69,653 Sheller Mfg Co common
l
2,145 Simplicity Pattern common..1
14,377 Standard Tube Co class B
.1
4,478 Stearns (Frederick) common..*
164
5% cum part pref
100
18,802 Timken Axle common
10
28,457 Tivoli Brewing Co common.. 1
2,836 Union Investment Co com
*
6,007 United Shirt Distributors
.*
27,742 United Specialties common
1
300 U S Graphite Co new com.
.5
695 U S Radiator common
1
215
Preferred
50
see

95c
Sale

10
1

Lowest
Sale Prices

May 31

5%

5%
85% Sale

Sale

3,983 McAleer Mfg Co common
*
79,828 McClanahan OR Co common.1
3,750 Michigan Silica Co common..1
1,225 Mich Steel Tube Prod
2.50
27,248 Michigan Sugar common
*
2,214
Preferred
__10
52,378 Micromatic Hone Corp
.1
62,855 Mid-West Abrasive com
50c
5,657 Moore (Tom) Distillery Co
1




RANGE SINCE JAN.

9

12336

23,110 Masco Screw Products

For footnotes

9

9%

15%

145 Mahon (R C) class A pref

548

7

10X
1%

00c

Lakey Fdy & Mach common..1
9,391 LaSalle Wines & Champagne_2

145

5,750

'U34 Sale"

Sale

Co. common
..5
50 Home Dairy class A
*
5 ,447 Hoover Steel Ball common. .10
4,258 Hoskins Mfg Co common..2.50

33,161

Sale

Sale

30,495 Hall Lamp

187

~22%

80c

Gar Wood Industries com.
1,216 Gemmer Mfg Co class A
1,398
Class B
3.559 General Finance Corp com

13,594
5,489
3,300
2,610
1,160
5,415

23

"iex

780 Detroit Steei Products new
2,072 Divco-Twln Truck Co
675 Durham Mfg Co common

General Motors

Sale

100

Federal Mogul common

3%
27c

80c

7,995 Detroit
Gray Iron Fdy
1
45,332 Detroit Mich Stove common_-l
15,985 Detroit Paper Products
1
964 Detroit Steel Corp common. .5

Eaton Mfg Co common
Eureka Vacuum Cleaner
Ex-Cell-O Corp

Sale

6%
28%

,10

28,334 Detroit & Cleve Nav com
3,310 Detroit Edison common

Federal Motor Truck

Sale

1

Ask Bid

30%

2136

2

3,226

1,265

636

336

1,800

1,580

3
25c

Crowley, Milner & Co

com

1X

4

27c

Continental Motors common.1

225 Cunningham Drug Stores_2.50
884 Deisel Wemmer Gilbert com.10

3,265
1,258
15,480
51,176
13,369
19,075
4,701
28,101

2

Bid

2

5
.10

common

Consolidated Paper com
Consumers Steel Products

52,061
28,315
15,618
14,725

~

IX

May

Ask

25c

5

common

Chrysler Corp

Bid

5

Bearing

Burry Biscuit Corp
650 Capital City Products

10,925
1.493
3,882
43,265
1,848

1
5

Auto City Brewing common._1
Baldwin Rubber common
.1

Strip Co

"""750

1940
Par

-

5,485

1,330,161

Jan. 2

6,430
8,515
5,495
31,987
2,647
2.766
24,393
7,026
15,447
5,760

150

1939

1,673,804

PRICES IN MA Y

Shares

4,075
1,100

1940

Shares_

Price

Since

May

Stock Sales

to May 31

14
30
21
15
23
28
10

May 24
136 May 18

2

27

6

16
8

12

8
31

30
13

2

Jan.

19

Apr.
136 Apr.

15

Jan.

15

236 Apr.

10

2

3

4

25

Jan.

4

7

Apr.

17

156
134
1436
9936
2636
236
336
456
736
736
236
1134

Mar. 14

Apr. 18
Mar.
Jan.
Apr.
Jan.
Mar.
Apr.
Apr.
Feb.
Apr.
Jan.

14
17

23
27
11

10
8

19
17
24

DETBOIT

June, 1940]

61

STOCK EXCHANGE

AGGREGATE
PRICES IN MAY

DETROIT
STOCK EXCHANGE

SALES
In

STOCKS

May

Jan. 1

Shares
200

Par

1,504 Universal Cooler class A_.
*
Class B
*
16,290
4,941 Universal Products common..*
860 Walker & Co class A
*
Class B
*
8,791
64,210 Warner Aircraft Corp com
1
38,430 Wayne Screw Prod common—4
21,500 Wolverine Brewing Co com
1
2,020 Wolverine Tube Cocom..—2

165
400

1,037
23,615
6,200
2,700
875

2%
1%
.....

23 %

4

1% Sale
1
9c

6]
78 J
11

Preferred
100
2,992 Young (L A) Spring & Wire—*

Bid

1

4%
1 5*

12c
7%
104
115*

Ask

5X

3%

1X

1%

4%
Sale

23 5*

26%
3%
15*
IX
18c

23

"3%
Sale
24c

6Vs

6X

26

2%
1%
1X

3
Sale
1%

18c

20c

6

7%

106

90

11X

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

May 31

Ask Bid

185*

27

3

46

"""790

Ask
55*

Bid

1

May

1940

Shares

3,400

RANGE SINCE JAN.

Price
Jan. 2

Since

90

7

8

3% May 15
1% May
6
17 X May 14

15
15
15
15
22

3

May
May
IX May
17c
May
4% May

90c

26

May
May
May
2
May
25c
May
5% May
4
1

18
11
18
3
4
14

106

12

3% May 15
1
May 21
17 % May 14
23
May 14

3% May
May
16% Jan.
23
May
3
May
90c
May

15
21

1

Feb.

15

10c

Jan.

10

14
15
15
5

4% May 22
Feb.

104

95* May 16

12%. May

9

22

8% May

2

Feb.

27
4

1451* May

9% May 16

10

May 11
8
15* Jan.
25* Apr.
8
25c
Apr. 10
65* Mar. 15
Mar. 29

29 105

4% May

25 173% May
4
22
22% May 27
21
23% May
1

55* Mar. 21
25* Mar. 26
235* Apr.
8

135* Apr.

16

UNLISTED DEPT.—
6,337 American Radiator
1,153 Amer Tel & Tel Co

1,588
712

935

10 %
171%

Sale
Sale

1725*

842

225
35

2,497
1,010
141

,

155

23 %

22X

8,307 Commonw & Southern Corp.
2,421 Consolidated Oil Co
1,007 Dow Chemical Co com
155 Electric Auto-Lite.

660

840

4,643
1,236

7%

1,257
409

409 Montgomery Ward &

85

48 %
1

1,711
2,907

Sale

Sale

Sale

Sale

29

33%

Sale

6%
165*
185*

*

Sale

27%
24%

Sale
Sale
Sale

6X

Sale

4%

Sale

15%

Sale

10 %

Sale

Sale
Sale

16% Sale

9%
1%
10

*

63
12 %

*

5%

Sale

11

10

Sale
Sale

7%

Deferred delivery sales.

r

Sold for cash.

x

Sale

11%

1

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

21

21

31
21

22
28

21
21
21

10
21
17
21
22

22
23
22

28

21
May 28
May 22

7 % May 22
5% May 28

Sale
46%

2,907 Yellow Truck & Coach
a

25%
23%
32%
3%
13

50

15

No par value.

3

37%
%
1%

Sale

34

*
6
*

Co.

4%
145X
185*
17%
13 %
3X
4%
%
5%
137 %
25%

2

560 U S Rubber Co
1,711 U S Steel Co

560

6%

Sale

2,590 Socony-Vacuum Corp
9,089 Standard Brands Inc

1,070
1,035

sale

1

245 Pennsylvania RR Co
889 Purity Bakeries Corp
85 Sears Roebuck & Co

245

Sale
Sale

Sale

1

16,117 Nash-Kelvinator Corp
4,618 National Dairy Products
27,934 New York Central RR

310

Sale

3%

*
*
1

2,383 Kennecott Copper Corp
*
4,656 Kroger Grocery & Baking Co.*

6,704
1,091
11,008

Sale

4h

*
*
5

-

-

149

22

16

120 Electric Power & Light
2,152 General Foods Corp
2,695 Hupp Motor Car Corp
3,042 Internat Industries com
5,510 Jacobs (F L) Co com

120

233

Sale

50

2,122 Borg Warner Corp common. .5
225 Budi
Sheel Co
*
35 Cities Service common
10

316

*

100

935 Anaconda Copper
1,470 Borden Company

Sale

15% May 23
42% May 28
10** May 22

22% May
3% May
4% May
May
7% May
154% May
30% May
3% May
48% May
May
May
3% May
35% May
34
May
35% May
6% May
17% May
15% May
17
May
14
May
66% May
11
May
7% May
18% May
48% May
12X May

2%

1
28
22
7
9
14
21
29
6
20
1
8
13
3
27
1
7
9
23
4
27
1
4
29
21
27

18%
17%
13%
3%
4%

%
5%
137**
25%
3

375*
%
1%
2
25 J*

23%
325*
35*
13

95*
151*
10
63

75*
5%
15

k

425*
105*

105* Jan.
1755* Mar.
May
24
Apr.
255* Jan.
3% May
May

May
May
May
May
May
May
May
May
May
May
May
May
Apr.
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

P

4

13

27
5
3

28
22
Apr.
8
4

Jan.

1705* Apr. 11
305* May 21
35* May 29
49
• Apr. 15
2

Jan.

1
2

May

35*
385*
345*
355*
75*
185*
185*

1

Mar.

5

Jan.

4

Apr. 13
May 27
Feb.

16

Apr.

17

Jan.

3

17
May 23
155* Apr.
4
665* May 27
2
125* Jan.
8
Apr.
8
May'29
185*

485* MayJ21
125* Mayl27

Ex-dividend.

Philadelphia Stock Exchange
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE
Stock Sales

1940

May

Shares-

Jan. 1 to May 31.._

1939

391,151

Bond Sales

1,355,126

1940

1939

May.

155,650
1,129,657

$45,000

Jan. 1 to May 31

$182,500

224,500

AGGREGATE
SALES

PHILADELPHIA
STOCK EXCHANGE

In

May

Jan. 1

$

PRICES IN MA Y

$

BONDS

1940
Bid

STOCKS

Shares

1,749
266

»

532

1,008
5,502
3,699

5,138 Bell Tel Co of Pa pref9,118 Budd (E G) Mfg Co
9,648 Budd Wheel Co

561

2,172 Curtis Pub Co

—.6

2,378

Valley

101,172 Pennroad Corp v t c
58,155 Pennsylvania RR
321

100

Pennsylvania Salt Mfg

1,870 Penn Traffic common
1,362 Phila Elec of Pa $5 pref19,073 Phila Elec Power pref
584 Phila Insulated Wire

231

7,464

2,200 Phila Rapid Transit
2.275
7% preferred
2,212 Philadelphia Traction

695

2,819

"8", 559
319

63,432

135* Sale
172 %

Sale

Preferred
4,320
2,055 Westmoreland, Inc
454 Westmoreland
par

value.

95*
1465*
1054
9 5*
95*
95*
11454 Sale
11454
3
3 5* Sale
35*
354
4
Sale
57 5*

115*

105*

Sale

149

14

11

Sale
Sale
Sale
Sale
855* Sale

155*
1165*
4 %'
55*

119
34

25*
35*
85*
2

Sale

345*
25*
35*
85*

Sale

255*

Sale

40

s




Coal

Ex-dividend,

May
May
May
May
May
May
May
May
2
May
255* May

Sale

Sale

120

Sale

Sale

27

1225*
35

25*
25*
8

Sale

2

235* Sale
164
169

176

25*
3
Sale
Sale

215*

14

Highest
Sale Prices
14
Feb. 10

645* Mar. 28

May 21
1465* May 23
105* May 21
May 23
113
Apr. 11
3
May 15
35* May 22
575* May 23
2
May 15
255* May 29
38
May 23

May

173 5* May
13 5* May

155* May
1165* May
5
May
55* May
855* May
3 5* May
335* May

M

16

26

38
May
1115* May
30
May
15* May
Sale
1%
15* May
65*
55* May

30

1 J*

15*

16 5*

159

Sale
Sale

23 555* May
8
18 123 5* May
9
21
35
May
1
23
25* May 11
2 54 May
28
9
8
23
May
1

2 5* May
15* May 28
1
May 22 22
May
9
May 31 168
May 18
2 5* May 21
2
2 5* May 21
25*
25*
114
113
1135* May 29 1165* May
Sale
1
30
29
295*
May 22 305* May 11
Sale
16
19
165*

Sale

180

25*
1165*
305*

*

..1

32 54

Sale

14 5*

159

1115* May
30
May
15* May
15* May
5% May

18 1255* Jan. 10
21 355* Apr.
2
23
2% Mar. 11
28
35* Feb.
8
23
83* Apr.
8

Mar.

May
May
May
May
May
Jan.

Apr."

8

Jan.

4

Apr. 16
Mar.
Jan.
Jan.
Jan.

21
10
20

23

Jan.

7

8

485* Sale

75*
42

85*
435*

465*

Sale

X

%?

5*

5*

%

6

5

355* Sale
41

Sale

%
3A
5*
h
% Sale
„

45* May 21
345* May 15

85* May
43
May

38

May 28
5*6 May
6
5* May 21
% May 21

2

Jan.

4

Jan.

115*

Jan.

Jan.

Sale

Feb.

6

2
4

May 21
May 15

46 5* May

1

May

% May

6

Jan.

5* May 21
% May 11

Mar.

May
Jan.

Sale

...

23
No

1
60
..60
2%
*
25

Tacony-Palmyra Bridge—
Class A participating..
*
4,245 Tonopah Mining
1
1,223 Transit Invest Corp...
...25
Preferred
9,416
.......25
4,057 Union Traction
.....60
24,505 United Corp common
*|
Preferred.
...»
3,864
267,236 United Gas Impt common....*

900

•

60
*

830

550

Lowest
Sale Prices

Sale

.....50
50
...50

1,183 Salt Dome Oil Corp....
6,834 Scott Paper..

280

110

Sale

.10

5,864 National Power & Light

80

Highest
Sale Prices

11% Jan.
2
645* Mar. 28

54

1,757 Lehigh

897

1,376

Ask

Sale

*

703 Horn & Hardart (Phila) com
»
1,799 Horn & Hardart (N Y) com..*
17.551 Lehigh Coal & Navigation-

875

1,970

Sale

*

common

13,109

243

135

145*
Sale

Sale

12,858 Electric Storage Battery

3,185

Lowest
Sale Prices

May 31

16

o

General Motors

43,457
23,629

Sale

60
10
100
♦

1,709 Chrysler Corp

488

1

Ask Bid

Bid

Sale

125*

..100

531 Bankers Sec
Corp pref
792 Barber Asphalt Corp

3,782

11%

May
Ask

par

10,773 American 8tores
9,121 American Tel & Tel

3,522

1

Jan. 2

181,500 Elec & Peoples tr ctfs 4s—1945
1,000 Lehigh Valley ann 6s

Shares

RANGE SINCE JAN.

Price

Since

125*

........*

114

.._..._*

11

*

12

Sale
Sale

•

Sale
14

15*
15*
15* May
29 5* Sale
285* May
10
105* Sale
May
1075* May
1085* Sale
9 5* May
95*
11
10
14
1254 May

2 %
15
28 375*
22
125*
31 114
11
21
13
125*

May
2
May
9
May
2
May
1
May
1
May 13

May
May
May
May
May
Jan.

8J* May
49
Apr.
485* Mar. 7
% Feb. 14
5* Feb. 29
1
Jan. 10
45* Feb.
3
25* Jan.
6
415* Feb. 13
155* Jan.
6
1175* Feb. 24
12
Apr. 10
125* Apr.
9

San Francisco Stock Exch
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE
"

Stock Sales

May—..—
Jan. 1 to

May 31~_

AGGREGATE
SALES

1940

May

BONDS

1940

21,000 Atlas Diesel Eng Go 6%..1945
Commonwealth Edison Go—
22,000
3)4%
—1958
32,000 Market Street Ry Go 7% -1940
Certificates 7%
10,000
1940
1,000 S J Lt & Pwr Corp 6% ——1952

98

May

Ask
100

5,322 Alaska Juneau Gold M cap.. 10
Angio-Am er Mining Corp Ltd—
Common
1
6.026
17,845 Anglo-Calif Nat'l Bank.
20
11,784 Assoc Ins Fund Inc com cap. 10
10,976 Atlas Imp Diesel Eng Co..—5
111 Bandini Petroleum Co com—1
1,112 Bank of Calif Nat Assh cap. .80
800 Beech Aircraft Corp common. 1
17,060 Bishop Oil Co cap.—.—..2
10,262 Byron Jackson com cap—...*
10,591 Calamba Sugar Estate com..20
Preferred
——20
3,795
*
3,691 Calaveras Cement Co com
310 Calaveras Gem Co 7 % pref 100
225 Calif Art Tile Corp class A
*
35
Class B_.......
———*
4,580 Calif Cotton Mills capital. .100
36,183 Calif-Engels Mining Co....25c

1,200
3.032
2,582
3,815

..... —

100
■455

'""920
1,588
2,990
1,165
2,237
140

70
25

1,443
3,200
628

1,072 California Ink Co, Inc. capital *
23,223 California Packing capital...*
Preferred
50
1,771
256 Calif Water Service Co pref. _25
7,170 Carson Hill Gold Mg capital.. 1
9,477 Caterpillar Tractor capital—*
101,016 Central Eureka Mg Co com.. .1
7,401 Chrysler Corp common
...5
5,319 Olorox Chemical cap——10
371 Coast Cos G & E 6% 1st pf.100
10,905 Commonwealth Edison—..25
2,412 Consol Aircraft Corp com
1

5,456
522

256

1,785
2,857
26,652
4.033
375
45

1,112
563

Consol Chemical

400

1,727

75

5

825
114

5,962
1,269
14,821
4,329
3,116

1,600
734

3,350
1,027
50
630

260

Galland Mercantile Laundry—
530
Common (capital).......
*
General Metals Corp—

70

708

~2~, 296
2,000
185

1,275
128
618

"2,951
100

1,623
1,526

"1,093
2,249
329

13,701
856

155

4,553
820

'

6,307
27,141
8,354
3,727
5,441
67,503
3,102
4,945
788
9,417
13,950

1,670
92,432
6,345
8,071
515
405
90

2,399
136

5,650
110
685

4,566
*

Common

capital

2)4

General Motors............10
General Paint

Preferred

Corp common.*
*

...

Gladding McBean Co com...*
Golden State Ltd capital.....*
Greyhound Corp common

*

Hale Bros Stores Inc capital.. *
Oil...............*
Hawaiian Pineapple Co......*

Hancock

Holly Develop Co common...1

Home Fire & Marine Insur
Co of Calif capital
.10
9,040 Honolulu Oil Corp Ltd cap—*
272 Honolulu Plantation capital-20
729

*
1,158 Hudson Motor Car com
5,999 Runt Bros Packing common-10
Preferred...
10
15,452
615 Hutchinson Sug Plant cap.. 15

Ask

6>i
10c

6^8
50c

6)4
10c

654 Sale

7)4

4

454
554
3)4

6 H

3)4

Sale
7

4)4

121 h, 126

120

11c

3)4
4)4
.....

Sale

4)4
6)4
4)4
Sale

5)4
3)4
4)4
105'

20c

6
Sale
5)4
115

1

354

iM 2.00

1.50

1.75

1.05

2.50

15 )4
18
Sale

}?*

14)4
1754
2154

9)4
12)4

12
4

1.55
35
8

2.00
50

21)4
2.25
38

2.75

8)4

"9)4

80c

10
1.00

65c

\iy
18c

lo

13)4

20c

15c

39

41

40

2354
50)4

Sale
51)4

21i63221»32
1.55

1

-

1454
Sale

42

7
30c

7)4
90c
10

7

20c

12c
30

54
354
89)4
48
106 X

34c

5454
Sale
91
52

30

Sale
6)4
Sale

1554
50

49)4

5054

4X Sale
84
50

3254
2754

85)4
54)4
Sale

15c

44)4
3
58

38

24)4 Sale
754
8)4

90

60c
1.95

320
17 X
Sale
70c

2.50

285

1954

320

Sale

93 )4 Sale
50c
80c
2.50 Sale

320

287

1354

Sale

80

Sale

21
21

22

16
17

2.25 May
12
17

21)4
3)4
40

8)4
65c

14)4
15c

May
May
May
May
May
May
May
May
May

9
13
3
10
7
14

5 130

Apr.

354 May 29
4)4 May 23

20c

10c

May
5)4 May

3
3
3
103

125

17

May
15)4 Jan.

9
May
12)4 May
1954 Jan.

9
3

Mar. 29
21)4 Mar. 29

19

2.00 Mar.

3)4 May

7

Apr. 22

65c

40
9
65c

6)4 May
May

12c

17
25c

Apr. 15

1

25C

26)4 May
8)4 May
554 May

13

2725

1 50 Jan.

May 15
Jan. 10
Mar. 27

May
Apr.

May 14
20)4 May 13
52
May
26
May

19)4 May 24
8 )4 May
6
4)4 May 31

5

8

Feb.

40

1

17

Feb.
Jan.

11
Mar. 25
9
754 Feb.

5)1

May
May
May
May

37

May
50
May
4)4 May
86
May
52)4 May
107
May
3254 May

29

354 May 29
6)4 Feb.
2

13
13
2

35

Mar. 25

Apr. 16
Fen.

14

Mar.
26)4 Feb.
52)4 Jan.

6
8

26

May

6

32c

May
14
May
50
May
25
May
16c
May
45
May
2.75 May
59
May
49
May
106

Jan.

8

Jan.

9

Mar.

1

iW

55

87$
57
109
33

Jan.

31)4 Jan.
29)4 Apr.

285

May 15 285
12)4 May 21 21
95
75)4 May 21

1.25
6

854
4)4

Sale
5

9)4

Sale
Sale
Sale
44

Sale

654
1054
19)4
43)4
954

1054

3?M

33

31)4
>4

OA?
32)4

26

45 y2
97
27

Sale
9854
28)4

37

80)4

2.10

1.25

1.50

7)4
4)4

3

1.50 May 21
5
May 22

4)4 May

6

17)4

20

19

20)4

18)4

20

4
May 28
8)4 May 22
14)4 May 23
35
May 22
954 May 15
32)4 May
2
38
May 29
77
May 22
19)4 May 21
1.25 May 18
19
May 29

20

22)4

20)4

22

17)4

20

17)4 May 18

7)4
54)4

SX
55)4

53

8)4
9H
18

4054
11

30)4
35
95

6

11
Sale

41)4

36 %
Sale

7

6 54

554

30)4
34
5)4
6
9)4 Sale
17
1754
13
14)4
36)4
38

31

19

554
10)4
1454
15)4
36

75c

85c

1954
75c

40)4

42

41

17

18
15

13

11

554
60c
2.00
7

Sale

10)4

2.90

8)4

20

40.

33)4
6)4
1054
15)4

Sale
40

75c

3)4
8)4
3
15

5)4

17

37
9
31

40
84
21
1.50

7

6

54

27
4

7)4
10
8

38

4)4
27)4
3)4
7)4

30

4)4
Sale

1054
14)4

Sale

25)4
14)4

29
15

Sale

50c

65c

10)4
8)4

35)4
12
10

4254
Sale
14

3

1.10

50c

3)4
10

4

9

Apr. 12
Feb. 27
Feb. 15

Apr.
8
31)4 Apr. 15

2.25

1

11)4
4)4

39

2.15

13

454

50c

21,377 Magnavox Co Ltd capital..2)4
6,248 Magnln & Co (I) common
*

91c

1

70c

95c

Preferred..
100
Merchant Cal Mach Co com..5
Meier & Frank Co.......... 10
Menasco Mfg Co common
1
Nat Auto Fibres Inc com stk
1
Natomas Co capital.........*

Sale

98
18

8

954
107

18)4
1254

11)4
354 Sale
10

9)4
3)4

North Am Inv Corp com...100
605
6% preferred........... 100
186
5)4 %ipreferred
—100
7,677 North Amer Oil Consol cap.. 10

Sale

10 H
4

3554
20)4
5)4

5)4

8
90
106)4
12)4
14'
9)4
10
354 Sale
654 Sale
8

2.50

Sale

3)4

27
23

30
27

16

17

14

19

10)4
25 X

1,210 Occidental Insurance capital .10
1
12,650 Occidental Petrol Corp com
O'Connor Moffatt & Co-

11

8

15c

Class AA common........*

5

2,209 Oliver United Filters Inc A...*
Class B...............
*
10,439

21
4

6)4
23
5

5)4
20)4
5

21
23
18
28
22
21

25)4

20

Sale

10c

6
23

3

Sale

16)4
4

8)4
Sale
23c

4)4
20)4
Sale

4)4 May 31

285
May 15 300
Apr. 12
12 % May 21
19)4 Apr. 30
75)4 May 21 95
May
9
55c
Apr. 20 70c Jan. 11

4
May 28
8)4 May 22
14)4 May 23
35
May 22
8)4 Mar, 20

854 Jan. 10
7
10 54 May
8
20)4 Apr.
44)4 Feb. 29

31

2
32)4 May
1
45)4 May
99)1 Apr. 6
33)4 Feb. 16

20)4 May

9

7)4 May 10
.5254 May 10
6
May
6
31
May 14
554 May 10
10)4 May
2

13)4 May 17

15)4 May
20

75c

35

41

1

4

13
10

4

May
May

Jan.

22

31

Apr.

17)4 May 18

22

Feb. 23

6

56

34
6

7)1

May 21
15
Apr. 30
13)4 Jan. 17
Jan.

31

35

May 20

11)4 May 24
9
May 22
4
May 14
29

22
7

2.80 May 10
2
5)4 May 13

2.80 May
11)4 May
4
May

23

41)4 May 13

14
6
23
23
16
15
15

31
May
7 54 May

12)4 May 25
954 May 21
2.50 May 15
554 May 21
7)4 May 21
2.50 May 21
17
May 28
23
May 14
8)4 May 29
20
May 31
10c
May 16
5

May 15
16)4 May 24
3
May 22

3954 May
5
May
25c
May
1.10 May

9)4 May
19

12

454
10)4
10
3 )4
28
25

10)4
25

15c

May
May
May
May
May
May
May
May
May
May
May

1

6
9
20
16
6
4
3
10
17
7
2
13
7
13
10
3
1

5)4 May
3
20)4 May 13
5 54 May
8

1754 Jan.
3
12)4 Jan.
6
6)4 Feb. 19
1.15 Feb. 13
4
Mar. 27
854 Apr. 18

2

Feb. 28
Feb.
8
Jan. 30

Apr.

5

Jan.

3

30c
Feb. 20
1.30 Apr. 17

Jan

9)4 Jan. 19
Feb. 29

May

106

Jan.

19)4 Apr. 23
12)4 Apr. 11
May 17
Apr. 13
10)4 Mar. 28

1,75 Jan.

14H

554 May
May
May
17
May
23
May
8)4 May

2^50

2i

Jan.

May
2SH Jan
26
28c

May
Jan.

Apr.

19

Apr. 22
41)4 Apr. 15
5
Apr. 12

12)4 May
954 May

5

8

Feb.

P

4)4 Feb.
May

10c

Feb.

40

25c

20

76c
44

35
9

27 54 Mar.

102^

7
3

44

Apr.
36)4 May
21
May
6)4 Jan.

50c

Mar.
Jan.

1154 Mar. 6
4
1754 Apr.
H7i
15)4 Apr. 11
n
40
Apr. 15
20)4 Jan*
5

354 Apr.

37

36)4 May
21
May
754 May
29
May
454 May
25c
May
60c
May
8)4 May

5

7)4 Jan. 13
8
Apr.
6
7)4 Feb.

May 21
May 23

14)4 May 22
May 23

15 )4 May

2.20 Mar. 11

4)4 May 18
27)4 May 28
3)4 May 22

38

Jan.

2.80 May 10
11)4 May 21
4)4 May 23

2

20

2.00 Jan.
8
Feb.

354 May

Jan.

17

9

May 23

11

26

Feb.

18

12

50c

May 10
May
l
May 21
May 14

3)4 Jan.
10)4 Jan.
5)4 Jan.

22
21
18

55c
2

Jan.

36)4 Jan.
77
May
19)4 May
1.25 May

37

20
24
22
14

12
12

654 May
1
10-54 May
7
19)4 May
1
44
May
2
10
May 14
32)
May
2
45)
May
99
May
27)4 May
2.05 May
20
May

14)4 May 22
50c
May 23

May
11)4 May
9
May
4
May

Apr. 30
954 Feb. 21
6
Apr.
6

26

1.50 May 21
5
May 22

33

44

31

9)4

May
May
May
May
May
May

19 H May 24
8
Feb.
2

9
9
6

3)4 May
9
May
4)4 May

10

354
15)4
654

42

..

May 15
May
4
May
9

1.10

2

8

30c

36

6

Sale
Sale

_

Sale

5)4

6
80c

4)4

15)4

Sale

1
6
4

80c

50c

11
5)4

2

9)4
4)4

30c




35

1954
554
4)4

Sale

107

32)4 Sale
29

1.50 May 21
9
May 21
12)4 May 22
21)4 May 10
4
2
May
37
May 23
7)4 May 22
65c
May 13
6 )4 May 21
12c
May 23

26)4 Sale
8)4
854
5)4 Sale

Sale

25c

Feb.

6)4 Mar

6254
26)4
21)4

25

52

May
6
7)4 May
1
45| May 3
634 May
9
3
May 15
120
May
1

May
5)4 May
3)4 May
354 May
3
May
103
May

Sale
2854

23)4

354 May 29
5)4 May 13
10c

10c

May
14
May
1654
50
Sale
May
25
May
25
16c
27c
May
45
May
47
2.75 May
Sale
59)4 59
May
49
50
May
106)4 May
106
27)4 3254 May
22)4
38

24)4
27c

2.75
40

35

354 May 29
4)4 May 23

454,

5)4

20

6)4

3)4
5)4

8)4

MM

Highest

Sale Prices
Sale Prices
100
Jan. 16 10154 May

Mar.
64)4 Feb. 27 82
Mar.
4 72
133)4 Apr. 26 133)4 Apr. 2

3754
5)4

No par value.

1

6454 Mar.

25c

479

1

70

*

..

25,057
5,337
277,447
29,947
22,^14
1,283

Lowest

Highest
Sale Prices

81

754
37)4
454

Class B——

Lowest
Sale Prices

101)4 May 14 10154 May

Sale

37
37
22)4
6
2954 Sale
454
5 54

651

RANGE SINCE JAN.

128

359 IXL Mining Co
2 Pesos
6,428 Langendorf United Bak & A..*
Class B.
*
7,527
162
Preferred
.......50
4,831 Leslie Salt Co capital
10
6,458 LeTourneau Inc common.... 1
4,240 Libby McNeill & Libby com.. 7
51,373 Lockheed Aircr Corp com.... 1
2.027 Lyons-Magnus Inc A
*

335

"6",444

Emporium Capwell capital...*

4,933 Food Machinery Corp com..10
3,205 Foster & Kleiser common—2)4
Class A preferred......
707
25

2,054
1,370

815

El Dorado Oil Works cap....*
Electrical Products Corp...—4

...

312

3,077

*

Preferred w w
...50
Emsco Derrick & Eq Co cap.. 5
300 Ewa Plantation.
20
1,063 Fireman's Fund Indem cap
10
4,756 Fireman's Fund Insur cap
25

490

10,209
2,532
1,231
1,696
18,490

10154

62

100 280
17
5

700 Cypress Abbey Co common
2
3,986 Di Giorgio Fruit Corp com.. 10
Preferred
..........100
2,916
2,820 Doernbecker Mfg Co........*

"2,i46
/

San Francisco cap.

151,125 Crown Zellerb Corp com
Preferred
8,528

69,649
2,998

— —

1939

$1,000
20,000

Industries

10,880
Inc class A partic pref
*
4,708 Consol Ooppermines Corp cap 5
1
6,967 Creameries of Am Inc com
Crocker First National Bank

1,883

May 31

May 31

1

Ask Bid

STOCKS
par
Shares
100 Aircraft Accessories Corp A_50c

765

f

Bid

75

-

100

Jan. 1 to

PRICES IN MAY

Bid

Shares

1940

$16,000
86,000

—

Price
Jan. 2

$

16,000

May

340,938
2,511,804

FRANCISCO

SAN

STOCK EXCHANGE
Since
Jan. 1

In

Bond Sales

1939

1,095,384
3,408,176

Shares_

9

16)4 May 24
3
May 22

Jan.
Feb.
Feb.

554 Apr.
23)4 Feb.
454 Apr.

3

7
3
19
19
19

8
9
8

63

FRANCISCO STOCK EXCHANGE

SAN

June, 1940]
AGQREOATE
SALES

January 2
1940

STOCKS

1

May

Ask

Bid

Paauhau Sug Plant

Co cap—15

6%
5%
1254

10

Pacific-Amer Fisheries Inc—5
Pacific Can

*

Co

Pacific Clay Prod

Sale

49,344

Sale

May
25 % May
28% May
25% May
34
May
100
May
3% May
16
May

22
22
22
21
21
21
21
21
115
May 22
14354 May 31
95c

26 h

29%
26%
37%

25
25
com—*
-*

31H
Sale

-

1,050
1,335
1,363
55,790
9,745

1,477
51,333
21,721
9,130
110

17,947

27,971
1,356
2.459
441

113.057
4,184
1.650

3,726
5.284

\

40
140

pref
100
Philippine Long Distance
Tex Co capital
100 Pesos
Phillips Petroleum Co cap__--*
Pig'n Whistle Corp partic pf-*
Puget Sound Pulp & Tim
*
Ry Eq & Realty Co Ltd com..*
6% preferred
100
Rayonier Inc common..-----1
Cumulative preferred
25
Republic Petroleum Corp
-1
Preferred
-.....---.50
Rheem Mfg Co
Richfield Oil Co common
*
Com stock purch warrants..
Roos Bros Inc common
-1
Series A preferred—
100
Ryan Aeronaut Co com cap-.l
Safeway Stores Inc common-.*
Schlesinger (B F) com
-*
Preferred
25
Shell Union Oil Corp com—.*
5 % % cum conv pref
100
Sherwood Swan Co Ltd cl A. 10
4%

4%

16%

Sale

*

132

115

149^

2,611 Pac Tel & Tel Co common.-100
1,234
6% preferred
—100
640 Pacific Western Oil capital—10
7,768 Paraffine Cos, Inc, com—---*
883

101

109
Sale

-*

12,032 Pac Pub Serv com
12,573
First preferred

14344
5%
28%

sal*
40 %

1.35

1.25

2954

12

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

1554
2954
3754

Sale

14'

Sale

:40

Sale

24 %
1.80

43

34

17 %

12%
5%

Sale

1.50

75c

18

13

9454 105

Sale

50%

1,03
354
39%

2.10

1.50

6%

4%

Sale

8

107 34

99

3%

1.50

28

21

100 %
Sale

A-.25
(cap'l)-lOO

22

Sale

2,523 Sou Cal Gas Pfd 6% cum

98%
28%
6%

63.715 Sou Pacific Co com
100 Sou Pac, Golden Gate cl A—*

12 X

3,628 Sperry Corp common v t c
1,828 Spring Valley Co Ltd capital-

1
*

10

2.50

2.50

38

1754
754
75c
17

106

654

fib
554
1254
99

1.50
28
42

10054
34

14
May
9
May
May
May
May
May
May
May
May
May 22
May 10
May
1
May 10
May
9
May 14
May 13
May
3
May 15
May 24
May 10
May
May
May

43 %

95.344 Stand Oil Co of Calif capital7,968 Super Mold Corp of Cal cap

Sale

30

22
9c

14c

10c

60c

45c

60c

45c

Sale

96

100
capital—2

Sale

Corp Ltd—
Common capital
-1

14c

554 May 13
22 54 May
1
3054 May
9
15c
May
1
46c
May 10
12
May
6
96
May 10
5 54 May
1

5 54 May
17 54 May

Sale

4%% preferred

16*

oys

78

4%

q zy
V78

85
Sale

May
May
May

1054 May
95 54 May
4 54 May

17
22
21
25
22
22
22
21
21
21
21
21
22
31
19
24
15

7
554 Feb.
954 Apr. 26
1554 May
1

454 Feb. 27
1.50 Jan.

15

3454 Apr.
3454 Apr.
3154 Jan.

16

50

10854
554
2154
13854
154

3

Jan.

30

Feb.

20
2

Jan.

7

Mar.

Jan.

12

754 Apr.

9

43 54 Feb.

23

10054 Jan.

11

25
2
2

4

54

Jan.

Feb.

2

39

Feb.

11

1.35 Jan.

1254 Jan.
•

5

10

Jan.

1.00 Apr.

26

2954 May

50

Mar.

1.50 Apr. 28
12
May 18
14
May 21
2454 May 28

1.80 May

15

Jan.

9
27

2454 Mar. 7
2754 Apr. 30
3754 May
9
2.75 Feb.

6

May 18 3854 Jan. 18
3
1954 Jan
1254 May 21
4
854 Jan.
554 May 21
1.50 Jan. 25
75c
May 22
13
May 21
1754 Feb. 29
103
May 17 10854 Mar. 30
7
3 54 May 15
Apr. 24
4
3954 May 15 52% Apr.
1.90 Mar. 10
1.50 May 14
4
654 Jan.
454 May 21
12 '
8
May 24
Apr. 16
1.50 May 24 10754 Feb. 21
1.50 May 24
99
May 15
22
May 24 3054 Mar. 20
21
May 21 38J4 Apr. 30
9
9854 May 14 10054 Feb.
34 H Jan. 10
2854 May 21
3
15% Jan.
654 May 21
34

6c

5%

2,275 Thomas Allec Corp class A... »
12,572 Tide Water Assoc Oil Co com.10
114

1254 May

7c

21,076 Texas Consol Oil Co com—-.-1

221.704 Transamerica Corp

If*

39

15M May
1.50 May

Sale

May
554 May
May
354 May
95
May
2554 May
2854 May
May
May
100
May
May
May
115
May
1454 May
754 Apr.
30
May
99
May

1.05 May

2.50

2.50

5

10

5054 May 11

18

100

Preferred

May 10

1.05 May

Sale

3,963 Signal Oil & Gas Co class A-.*
96,020 Soundview Pulp Co
— -5
1,010

May 24
4254 May
May 15 10034 May

50

52 %
40 %

50

554 May 10
954 May
1554 May
4 54 May
1.30 May
33
May
3354 May
30
May
4554 May
107 54 May
554 May
1954 May
132
May
152
May

99

30

90

103

cum conv

Highest
Sale Prices

5

3%

20.853 Pac Coast Aggregates com__-5
60,560 Pacific Gas & Elec Co com-.25

6% 1st preferred
18,319
5%% 1st preferred
25,718 Pacific Lighting Corp
2,106
$5 dividend pref

Lowest

Sale Prices

10

1.00

1.50

Highest
Sale Prices

May 17
5% May 22
May 21
3% May 25

4%
5%

5

*

capital

Lowest
Sale Prices

May 31

Par

Rhares

1,285
6,926
6,774
I,120

1

Prices

Since
Jan. 1

RANGE SINCE JAN.

PRICES IN MAY

FRANCISCO

SAN

STOCK EXCHANGE

Jan.

12

4254 Apr. 19
554 Mar. 11

11^
22

May 22

10c

May 24
May 15

45c

Apr.

5

1
1054 Feb.
2
9054 Apr.
454 May 21

Jan.

12

4554 Apr.

16

Jan.

12

6c
6

4
2654 Jan.
3354 Feb. 27
Feb.

5

60c

Feb.

16

12

May
6
May 10

20c

96

654 Mar. 14

Treadwell Yukon

30,435

Sale

37,622 Union Oil Co of Calif cap
25
10,361 Union Sugar Co common-.-.25
16.243 United Air Lines Trans
5
—10
8,653 Universal Cons Oil

9%
Sale
13

—

82 Weill

& Co com

II.885

12

6%
13 %
8
/

14c

12%
8%

14%
Sale

4%
30

100
Un Tr cap 100
Steel of Calif

8 %
3

10

8%

11^

37,507 Vega Airplane Co
—1%
6,824 Victor Equipment Co com—1
Conv cum pref—
6.616
.-5
682 Waialua Agricultural Co
20
460 Weils Fargo Bk &
Western Pipe &

7c

13

22

4%
25

95

302% 270

300

6c
12

654
12 54
8

654
354
8
24
97

Sale

270

13c

May
May
May
May
May
May
May
May
May
May
May

1554
954

May 13
May
May
May
May

6c
12

654 May 22
1254 May 21

2154
1254
8
1254 May
454
3
454 May
13
May
8
27
May 14
24
100
May 24
97
290
May 14 270

15

18

1554 May 21

2254 May

16

18

15

May 18

15

19

17

May 15

2054 May
1
17
May 15

10

17

17%

19

50
50

common

May 28
May 21

19

21%

16

21%
3%

20% Sale
17
22%
2.00
2.15

25

29

2654
254

May 21

Jan.
Jan.

May
May
May
May

12
9
14

22

9

1554 Jan.

18

Jan.

6
1754 Jan.
10
Apr.
5
2354 Apr. 15
3
1554 Jan..
14
Apr. 16
2
454 May
13
May
2
30
Apr. 22

24 100

Feb.

8

28 301

Apr.

8

2254 May

9

36

Sale

15c

21

Yellow Checker Cab Co—

1,278

Series 1

25

Sgfigs 2

3,850 Yosemite

Portf

Cem Co pf_.10

UNLISTED

STOCKS
cap—20

45 American Factors Ltd

830 Amer-Hawaiian SS Co com..10
100 Amer Pow & Lt Co common.

2,110 Amer Rad & Stand San com..*
14,889 Amer Tel & Tel Co com.. --100
110,821 Am Toll Bridge (Del) com
1
100 Amer Woolen Co common—
10.637 Anaconda Cop Mg Co com..50
7,715
_.,Anglo

Nat Corp cl A com—..*
5,530'Argonaut Mg Co Ltd capital-.5
.

..

370 Ark Nat Gas class A common.*

1,158
304

4,721
900
240

1,635
10.704
2.290
17
10

224
100

1,588
1,447

5,528 Atch Top & S Fe RR com..
3,586 Atlas Corp common
24.236 Aviation Corp (Del) com
11.335

100
5
3
Aviation & Trans Corp cap—1
100

811 B & O RR common

7.507 Bendix Aviation Corp

com—5

32,930 t Blair & Co Inc capital
Bunker Hill & Sullivan Mg
7.742

-~2%

& Con Co common

Calif-Oregon Power—
6% pref (non-callable)—100
371
6% pref (1927 series)
100
100 Calif Pacific Trad Corp pref..*
34

731 Calwa Co

2.907 Claude Neon Lts Inc

10

com—

3,061

Assn Inc common
*
1,505
5,645 Consol Edison Co N Y com..
2,996 Consol Oil Corp common
*
59,851 Curtiss-Wright Corp com...
4,711 Dominguez Oil Fields cap
865 Dumbarton Bridge Co com..10
5
3,241 Elec Bond & Share Co com
10.060 General Electric Co com

594

1,404 Goodrich (B F) Co common..*

835

10

39

45

355

250

510

350

"81

501

18,604

39,463

973

3,541
5,535
15,856
20,553
2,989
1,300

1,080
3,680
10,025
1,011
*•

—

-

24,262
70

252

14,300
_

200

2,803
15,894
*

..

Internat Nickel of Can Ltd._»
Internat Tel & Tel common—*
Italo Petrol Corp of Am com.l
cum

preferred

1

Kennecott Copper Corp com.*
Kleiber Motor Co capital
10

3
8

172 54

172
55c

70c

88c

9

10

30

31

954
2854

22

8%
354
2%
2454
8%
754

554
31%
154

8%
452%
Sale
854
Sale
3%
654
3254
Sale

1354

1454

354

82
2

9

1.75

2.00

1 %
13%
6%
5%

2%
14%
7%
5%
3H
3%
27%

2%
3
27
90c
12 54

12'
88
88

50c
85c

40

3354
454
54

10c

7

Sale

50c
8

3054
3154
754
754
1054 Sale
3354 Sale

854
3154
3254
7
7%
10.54 Sale
3254
33 54

25c

40c

25c

754
4054

8
4154

37

1954

2054

16 54

4

75

25

1
25c

554

7
Sale

17
90

20 54
1.00

3
35c

7

Sale
1.25
25c

20c
.

654
6
3754
48
454 8ale
14c

15c
1.55 Sale

3754

654

75

101

20

40c

3854

654
654
2854

654
Sale

2954

3 54
11c

15c
1.30 Sale

3454

3354

10c

10

1.50 May 23

2 10 May

13

8
May
3
May
3
May 20 15554 May 15
91c
May
1
May 11

Sale
554

Sale
50c

4

9

554
8

28 54
25c

2554
654
Sale

Sale
40c

1054

4%
3054
1154

50

80

16

18

80c

2.00

4

29

1854 May 21
8 54 May 21
1.50 May 22
14

10c

2654 May 21
May 23

90c

954 May 24

5

May 20
May 22

3054 May 11
10 54 May 10
2.80 May
6
18

May 13

754 May 10
3 54 May 13
3454 May
156 May
13

May 11

76

May 20
May 22

554

2054
254
11c

80c
26 54
6c

554
2154
254
Sale
Sale

May
3354 May
4% May
54 May
40c
May

23
31
17
15
8

70

May
28
May
6 54 May
7 54 May
25
May
25c
May
6
May
3454 May

11
14

8

1.00 May 23

3354 May 31
654 May
2
54 May
1
50c
May
1
8

May
May
May
May
May
May
May
May

11
10
15
16
8
16
6
1

70

May 20
2054 May
1
1.00 May
4

31

654
1154
33 54
25c

654
37

70

May 20
2054 May
1
1.00 May
4

23

26

1954

654 May

554 May 22

654 May
29
May
3
May
12c
May
1.30 May

2054 May 24
2 54 May 14
10c
May 15
80c
May 27

3

29

Sale

23

24

4

Sale

3

2,832 McKesson & Bobbins Inc com 5
50,850 MJ&M&M Consol capital. 1

lie" "i2c~

70 Monolith Portl Cement com..*

558

8% Preferred
..10
Montgomery Ward & Co,
5,842
Inc, common
*
42,022 Mountain City Cop Co cap. 6c

No par value.

_

454

654

654
4

8

553
43

t Formerly Bancamerica Blair Corp.




5c

454
854
Sale

454

Sale

8c
4

8

.

4754
354

t Odd lots.

5

16

9c

May

14

754 May 14

454
454

4

8c

6c

May

4854
4

3554
2 54

9

3754
3 54

Mar. 20

May 23

18

28

14
15
14
21
4
5
13
Apr. 30

70

May 20

20

Jan.

May
654 May
754 May
25
May
25c
Apr.
554 Mar.
3454 May

11

4

Jan.

18

554 Apr.

9

22
4

Mar. 12

Feb.

13

"7% May"
39 54 May

16
2 54 May 21

4654 May
4

May

3
3

May 21
May
1

654 Apr. 20
6c
May 16
4

4

8

35

Feb.

Jan.

9

3

16
15
4
15

Jan.

5

1454 Jan.

4

2

Mar. 15

10c

Mar. 21

>gg

May 20
May 22

1.00 May

Apr.
5
May 11

854 Apr.
4 54 Apr.
Apr.
Apr.

5

5c

7c

654

Jan.

Jan.

7

Mar.

254 Apr.

3354 May 31
454 Feb.
6
% Feb. 20
10c

29

Apr. 30
Apr.
5

3
25 54 Jan.
954 Mar. 20

80c
May 27
3554 Jan. 15

May
9
May 20

4

2.-50

1.00

Jan.

4

Feb.

May

954 May 24

70

15

9
3154 Apr.
1054 May 10

May
254 May
554 Jan.
2654 May
90c
May

76

May 15

2.90 Jan.

8

Mar.

1854 May
854 Mar.
1.50 May

in

17

91c

Feb.

iV*

Feb.

29

23% Apr. 23
22

May 21
May
1

454
854

52c

5

22

45%
4%
954
17454

554 May 22
20% May 24
2% May 14

2154

20

35
5

Jan.

Apr.
454 Apr.
8
May
153
May

25c

554 May 14

10c

5c
10c
2454 Sal-

*
190 McBryde Sugar Co Ltd cap. .5

156 May 23

17

15
14
21
16
13
13

27%

25,787 Matson Nav Co capital

548 Marine Bancorporation cap..*

17

2
1.00

25c

3

May 21

4?4 May 14
2% May 15

70

2.00
2.00

20c

25

67c

76

70

2.00
2.00

Sale
% Sale

1.00

70

1.00
6 54

48

9%

1.75

39

42

22%
Sale

2.75

84

3
2.00

Sale

2 54
2154

84

88

2.00

May 18
May 15

8

10

,

82

2c

Guggenhime & Co—
Conv. $7 1st preferred
*
Hawaiian Sugar Co capital-.20
Hobbs Battery Co cl A capital *
Hobbs Battery cl B cap.
Honokaa Sugar Co capital
20
Idaho Maryland Mines Corp—
1
Capital

7%

10

53c

4054

110

19.368
876
500

46%

170

1.55

2954
27%
254
5
8
554
147 % 150
153

28

29%
454
10>4

com_25

986 Coen Cos, Inc, class A conv.
Columbia River Packers

823

34

1.00

420

1,392

29

28%
4%

10

common...

100 Chesapeake & Ohio RR
4,012 Cities Service Co....

2.90

15

23

754 May 14
3954 May 16
254 May 21

85

Apr. 29
8754 Apr. 12
2

Mar. 20

1.25 Feb.

26

3354 May 31
654 May
2
54 Mar. 11
50c
Apr. 19
8
Mar. 25
3254 Feb.
5
754 Apr. 10
1154 Mar. 8
36

29

Jan.

25c

Apr.
854 Jan.

41

.

4
5

Jan.

4

2054 Apr.

4

7954 Apr. 24
2154 Apr.
4
1.10 Mar. 19
25c
Jan. 18
654 Apr. 30
7
Apr.
3854 Jan.
454 Apr.

9
4
5

Jan.

10
2

16c

1.55 Jan.

3554 Mar. 23
5c

Feb.

13

2554 Feb. 17
35
May
9
5
May 20
854 Apr.
1
12c
4

Jan.
Feb.

954 Mar.

4

23

8

5554 Jan.
2
454 Apr. 10

SAN FRANCISCO STOCK EXCHANGE

64
aggregate

SAN FRANCISCO
STOCK EXCHANGE

sales
In

May

Jan. 1

Shares
760
670

stocks

1940
Bid

Nash-Kelvinator Corp cap
5
Nat Distillers Products com..*

24

24 A

Nor Amer Aviation Inc cap
North Amer Co common

4,894
2,571
10,255
2,962

420

25 %
22 %

.10

571 Pacific Portl Cement com...10

"*19

6% % preferred
100
6,540 Packard Motor Car Co com..*
430 Park Utah Cons Mines com.-l
98

1,478

T680

4,184 Pennsylvania RR capital
50
408 Pioneer Mill Co Ltd capital.20
*
14,772 Radio Corp of Amer com
185 Radio-Keith-Orph Corp com.*
*
3.031 Riverside Cement (Del) A

120

2,913

'""395

Ask

e% Sale
24 %
26 %
23 A

21

24

5
20

6%
25
1.90

1.15
41

Bid

4 a

5a
a

Sale

17M

22%
22 %

21%
22A
5%

15%

Sale

1.15

1.90

3 A

21K
Sale

4%

4A

5

131
460

5,979
2,314

2,167
30

100

6% preferred

1,204

35

11 266 Standard Brands Inc com

2,060
3,165

*

76

1
30,544 Studebaker Corp common
Sunset-McKee Salesbook Co—
Class A common
*
10
Class B common
*
76

30

Ciass B common
*
263
__25
2,982 Texas Corp common
200 Texas Gulf Sulphur common..*
77 Title Guaranty Co cum pref..*

15

"""20

6,476

1,953
•

520

2,308

6,825
7,286
1,240

15,870
23,552
8,065
208

T.038

2,493
1,311

725

United Aircraft Corp cap
6
United Corp of Del common. .*
U S Petroleum Co capital....1
U S Steel Corp common
*
Utah-Idaho Sugar Co com...5
Vica Co common
25
Warner Bros Pictures com....5
West Coast Life Ins Co cap
5

600 Western Pacific RR com

300
*

Sale

10%

13
Sale

29 A

30%
29A
32 a

7
4 A

6%
1%
4%

100

Sale

24%
9 A

25
Sale
30A
30A
29%
35

30

30%
29%

30A
29
33 A

4

20

Sale

7
24

9
24%
Sale
25%

27%
25

7 A

9%

10 a

7%
10 a

5%
5A

17 a

21%

17%

27

7%
43

32 A

41H

11

45A

34
20
48

n»

1s%
47%
2 A

2a

2a

1.10

1.20

66%
1a
50c

Sale
1a
1.00
3%
4a
50c

3% May
20
May
7
May
24
May
26 a May
25
May
31
May

May 14
9
May 20
4% May 24

18

3 A May

29

3 % May 23
20
May 15

May 21
May 22

7
24

26 As May 21
25
May 21

5

18

May 14
10
May
1
6% May
8

4% May
5
24
9 %
30%
30%

29 %

May 11
7% May
2
10% May
2

5 a May

22

May

8

9

May 25
May 25
10

40

9

31

40

25

May 21
May
3

20

8

12

May

8

May 10
May 25

8

20c

1
6

21
25
7
16

16
10

15
14
20
24
5

29
23
15
21
22
21
21
16

7% Feb.
Apr.

15

26

9

26%
23%
23%
6%
25

9
Feb.
Jan.
4
Mar. 4
Feb. 26

41%
4%
2%
23%

Jan.
4
Mar. li
Apr. 16
Apr.
4

12

Jan.

Jan. 16
1.50 Mar.
1
.

3

7% Apr.
1% Mar.
4% Apr.

5%
25%
12%
30%
30%
29%
34%

3
5

9

Apr. 22
Mar. 2
Jan.
6
May
3
Apr. 27
Jan.

4

Feb.

17

May 11 1.10 Mar1
May 22
7A Apr.
6
12% Feb. 15

5

5 a May 22

21% Feb.
9
May

5
8

21% Feb.
9
May

5
8

31

44

5

May
8
May
44% Mar.

Mar.

34

36%

35

46 % May

17
May 21
43% May 28
1% May 18
55c
May 22
42% May 21
1
May 21

20

1%

1%

80c

92c

Sale

65c

59 A

Sale

46%

1%
1.00

2.5c

Sale

1

1%

Jan".

13% Jan. 12
46% May 10
34% Jan. 25

18 % May

17

May

20

46

43 % May
1 % May

46'a May 10

2

95c

63

ih

8
May 15
May 13
May
8
May 10
May 10

2%

2

7

9

8

20c

50c

25c

May 14
May 17
May 28

May 10
9% May
1
May 2 9

2

4

Jan.

4

66% Jan.
1% Apr.

May

18

50c

Jan.

20c

6

15

1.15

Feb.

4

3

48

Jan.

51% Apr.
2% Apr.

55c
May
42% May
1
May
50c

1.00

1 A

50cS

10

40 A
3 a

20c

44

Sale

21

May 11
May 22

6%

15

3

13

May
1
May 13
May
1
May
3
May
9
May
2
May 16

May
1
5% May 14

20c

Sale

48%

20c

iH

40 A May
3
May

4% May 14
24 A May

14% May
20A Mar.
18
May
4 a May
23 % Feb.
1.20 Apr.
40% Apr
3
May
2% Apr.
18
May
9
May
4% May
1 % Mar.
3 a May

22 A

31

43

1a

May 21
4% May 25

18

5 a May 11
24 A May
1
23% May 11

May 16

25

25c

25c

20c

7

34

isa
47

1

14% May 14

31

9

40

15 a
46

45

4% May 14
24 a May

50c

6a

6%

Highest
Sale Prices

34

29

1.00

60c

17 a
10 a
Sale

4

9a

18 A

Lowest
Sale Prices

2

3%

6

25c

3

3a

65c

Superior Portland Cement—
Class A preferred
125
*

1,329

5%

a

24

45

2%
1a
15 a

2 a

6a

Highest
Sale Prices

1.90

75c

38

3 A

14

Lowest

25

18

45

1%
2%
23* Sale

4A

3%

25

40

4%
19%
17%
15%
20

15

6

20

5% Sale
1%
1%
4%
4%

Ask

Ask Bid

,

3,036 Schumacher Wall Board com.*
Preferred
*
1,852
*
1,603 Shasta Water Co common
25
27,431 Sou Calif Edison common
C 5 A % preferred
9,598
25
B 6% preferred
6.032
..25
25
170 Sou Calif Gas 6% pref
Sou Pacific Golden Gate Co—

1,255

1

Sale Prices

May 31

1

21 h

1

740 Oahu Sugar Co Ltd capital
20
505 Olaa Sugar Co Ltd capital..20
125 Onomea Sugar Co capital—20

170
160

May

Par

Shares

4,187

range since jan.

prices in may
Price
Jan. 2

Since

16

2

Feb.

4% Feb. 19
9% Apr. 30
May 29

Mar.

48c

No par value.

Los

Angeles Stock Exch
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE
Stock Sales

May

1940

-----Shares_

Jan. 1 to

May 31--_

aggregate
sales

-

LOS

May

Jan. 1

prices in may

stocks

1940
Par

50 Assoc Gas & Electric A___
1
430 Aircraft Accessories Corp__50c

,623 Bandini Petroleum Co

2,000
600

240

13,003
5,160
100

1,565

•

569

*

86,125 t BlueDiamond Corp
14,541 Boisa Chica Oil Corp A

5c

30c

4,821 Broadway Dept Store com.

*
*

.

6c

1%
1%

1%
1%

5%

110

1,000
2,000
305

28,352
10,603
1,372
600

204,748
"

l",950
4,000
500

75c

4%

97 %c
5

60c

3%

75c

lc

4

lc
lc

lc

3c

lc

Lowest

Highest

Sale Prices

Sale Prices

3% May 29
2% May 2]

3% May 29
4% Jan.
3

3% May 29
2% May 21
22% May
10c
May
May
6c
May
1% May
1% May
75c
May
4
May
25c

20
29
14
15
15
21
13
21

3% May 29
3% May
7

22% May
10c
May
25c
May
6c
May
1 °/4, May
2
May
75c
May
5 % May

20
29
14
15
1
1
13
9

3c

2c

10c

2c

10c

lc

2c

5c

2c

4c

10%
15%
8%

*
*
100

13%

--

5
__*

---

*
4
---5

47,501 Emsco Derr & Equip Co
1
29,380 Exeter Oil Co A
264 Farmers & Merch Nat Bk..l00
4,929 Fitzsimmons Stores Ltd

.

120 General Metals Corp
18,806 General Motors Corp
240 General Paint
Preferred
100

15

24%

25%

10

11%
1.75
90%
7%
o%
10%

97 %c

2,710 Douglas Aircraft Corp
10,017 Electrical Products Corp

1
2.50

2.50
10

common

-

*
*

6,260 Gladding McBean & Co
5,271 Globe Grain & Milling Co
25
*
1,424 Golden State Co
5,460 Goodyear T & R Akron com—*
*
5,607 Hancock Oil Co A
12,050 Holly Development Co
1
20 Holly Oil Co_.
1
;_*
1,840 Hudson Motor Car Co
—

-

1,410 Hupp Motor Car Co
6,500 Intercoast Pet Corp

9,000 Jade Oil Co
2,327 Lane-Wells Co—

89%
7%

6,

6%
_

83%
10
11
40c

380
10

84
10
Sale
43c
392

11%
2%
8

Los Ang Investment Co

Mascot Oil Co

page

66.

25

10%

12

90c

84%
7%
5%
10%
5%
6%
86%
10%
38c

1.40

85%
7%

50c

58

34

31

5%
8%

8

5%

"87%
10%
10%
Sale

4%
6%
76%
8%
7
24c

2%
7%
Sale

5%
33%
6%
8%

j*

6%
39%
3%
26%

50c
4

Feb.

24

Mar.

12c
45c

6c

Apr. 19
Apr. 19
May 15

3

Feb.

2% Mar.
1
Apr.
5

Jan.

2c

May 21

6

30

1

8
8
17

4%

"77%
8%
9
30c
405
Sale

lc

May

9

10% May 31
15% May 24
8% May 22
May 14
57% May 22
6
May 21
3% May 21
May 21
4% May 25
a6% May 18
88
May
2
8% May 29
7% May 28
25c
May 21
375
7

a2c

38c

May 22 405
7
May 31

5

16
24
4
14
3
6
10

18
2

14
May
1
May 14
May 31

55

May 24

May
o5% May

3% May 22
6% May 21

5% May
8% May

a4

30%

4

5

6

8%

7-

Jan.

3c

Apr.

3c

Apr. 27
Apr. 22

Jan.

2c

1

8

10

23%
37%

24
39

21

21%

14

14%

15% May 15

21

37

39

27

29

27

37

70c

75c

55c

60c

45c

May 21
May 23

70c

May
May
May

3
8

9

27
45c

Jan.

26

Mar.

12

Mar. 21

3

Jan.

16

Jan.

3

Jan.

4

ty. Apr.

8
4
8

1

Jan.

90*

6

Apr.
Apr.
Jan.

26

88% Apr. 30
10% Mar. 14
Jan.

2

Jan.

8

405

Apr.

18

10

Jan.

12

43c

Mar. 13

May
Jan.
Apr.
May
May
Jan.
May
May
May

9

hx

57% May
6
May
3% May
7
May
4% May
6% Jan.
87% Apr.
8% May
7% May
25c
May
375
May
7
May

38%
6%
32%
3 %
6%
9%
15%

Jan.

26

10% May
15% May
8% May

7

38% May 24

9

72 %c 77 %c

9

1%
7%
Sale

Q

11

May

11
May
15% May
10% May
1
May
87
May
7% May
5% May
10% May
5% May
06% May
88
May
10% May
10
May

5%
8

24
30
2

22
21
30

15
21
23

7
56

Mar. 13

6%
32%
6%
8%

9
Apr.
8
Apr.
2
Apr.
6
Mar. 27

11

Mar.

Apr.

24% Jan.
40
Apr.
80c

Jan.

5

3
12
8

1

5%

6
1%

5%
at

5%
At

3%
50c

10c

15c

10c

20c

7c

2c

7c

3c

5c

2c

10%
8%

11%
5%

12%
6%

-----——1

22% May 20
10c
Apr. 29
25c
Apr. 15
6c
May 15
1% May 15
1% May 21

2c

c2c

5%
7%

75c

10

59

7%

7

30

1.00

Sale

7

1%
6%
53%
5%

10

6%
4%

350

5o
7

16%

5%
3%

405

1%
7%
54%
5%

Sale

Sale

10c
1

Menasco Mfg Co
-----1
Merchants Petroleum Co
1
Mt Diablo Oil Ming & Dev...1
Nordon Corp
Occidental Pet Corp

13%

24

1
_50c

100 Langendorf United Bakeries B *
Lincoln Petroleum Corp
10c
Lockheed Aircraft Corp
1




Highest
Sale Prices

4c

1

-

For footnotes see

Lowest

10
4c

1

-

126,029
38,192
11,093
9,725
533,840
3,800
5,825
17,400
4,550

Sale

Sale

1

-

"""175

12c

1%
2

20

tc

v

120 Foster & Kleiser Co

2,073
1,600

20c

37 %c
12c

lc

10
5

"T.918

10c
12 %c
lc

Preferred vtc

Preferred*
9,762
5,707 Creameries of America vtc-.l
256 District Bond Co-------—25

600

12c

Common vot trust ctfs

2,845

"l",232

4%
22%

50c

29

10

5

40

7

Sale

Preferred

3,500
3,000
3,700

*

8,427

6%

Sale

2%
3%

lc

5,353 Chrysler Corp
6,593 Consolidated Oil Corp.—
8,150 Consolidated Steel com

110

4%

1

2,479
2,482
3,370

55

3%

10c

75c

4%

549 Chapman's Ice Cream Co

5

1

25c

12 Ac 37 %c

25c

10

300

1,171
4,114
1,905
9,100

Ask

28

2%
2%

21
1
38c

735

1,615

RANGE SINCE JAN.

Sale Prices

May 31

18c
37c

o

26 a

1,223 Byron Jackson Co
2,435 California Packing Corp
2,066 Central Investment Corp

515

1

Ask Bid

8%
28

t

1

10

B common

839

Bid

""3%
Sale

1

2
10

200 Buckeye Union Oil Co com

""§02

12 Ac 50c

Warrants

240

May
Ask

12c

50

5%% preferred.

4,609 Barnhart-Morrow Consol
2,135 Berkey & Gay Furniture Co

9 2-5 Brock & Co

500

Bid

1

-

25 Barker Bros common

"""200

May 31

Price

Shares

f

1939

Jan. 2

Shares

1

Jan. 1 to

ANGELES

Since

430

1940

May.

272,665
2,161,901

STOCK EXCHANGE
In

5,745

Bond Sales

1939

729,737
2,547,464

9%
7%
7c

9c

32
4
40c

Sale

2%
12c

45c

4%
42c

Sale
30c

52 %c

9
4

14c

Sale

11c

37%
4%

Sale

29%
3%

47c

4%
60c

3% Sale
10c
45c

4c

6c

4c

8c

18c

10c

25c

52 %c
6c
18c

39c

3-%

3%

a2A May
75c
a50c
May
15c
10c
May
4c
2c
May
10
10%
May
5%

15 o3%
27 a75c
10c
15
3c
14
21
12%

14c

28
21
15
15
14

Sale

3%
50c
Sale

5c

45c

May
May
3% May
55c
May
2% May

15c

May
9
May 10
4% May
2
60c
May
9
4 % May
9

40

25c

39c

11c

29

May 16
May 13
May 15
May
3
May
6

5% Apr.
At May
10c
2c

Mar.
Jan.

9% Jan.
8% Jan.
7c

Jan.

27% Apr.
3% May
40c

Jan.

1% Jan.

6% Mar. 11
87 Ac Apr.
6
12c
3c

Feb.

14

Mar. 27

12% May
6
8% Jan. 22
16c

Mar.

1

41% Apr.

15
10

Ab/*

Jan.

60c

9
9

15c

Mar. 29

May
4% May

15c
44c

4c

7c

3c

5c

15c

a8c

May 23 48c
4c
May 13
May 17 o!5c

May
May
May

11
11
4

Mar.

40c

Apr.
May

50c

Jan.

3c

6c

Jan.

10

25c

Feb.

30c

Feb.

21

9

angeles

los

.Tune, 1940]
AGGREGATE
SALES

May

Jan. 1

STOCKS

17,970
2.130
4,600
11,978

2,200
4,515

Pac

937

370
238

2,275

8,157

Preferred C

125

353 Pacific Western Oil

185

13,220
11,865
307

3,793
37,292
382

741
190

2,000
965

11,657
3,626
10,908
245

5,608
5,602
"

1,089
11,902
200

485

26,832
25,976
1,880

"
•

7.491

100

750

116,983
517

625

6,940
777
100

716

3,951

20,000
8,000

32%
29%

W*
33

19

21%
7%
13

--*
--10

38
44

5%

Sale

IS/8

7%
25%
2%

40

38

20c

17c

8

1%
Sale

7%
%
9%
6%

900

29%
39%
44%
5%
20
Sale

1,053
600

817

2,077

39

30

10
Sale

12

7%

8c

26%
24%
4%
6%

28%

25

Sale

30

25
25
25
---25
-25
100

Sale

44

Sale

30%

Sale

12

*

Sale

22%
1%

29%

Sale"

2

-2

12%

2c

1

Sale

25
Universal Cons Oil Co——10
Van de Kamps Bakeries—-Vega Airplane Co
--1.50
Weber Showcase & Fix pref
*
Wellington Oil Co
1
Western Air Express Corp
1
Western Pipe & Steel Co
10
Yosemite Portl Cement pref 10

Sale

9%

585

4,490
100

3,205
346

750

2,407
859
230
15

460
50
788

565

1,536
2,135
225

12,473
690
100

300

2,000
1,386
886

""607
560

1,242
743

1,838
100

945

4,303
6,472
899

1,093
'1,015
650
600
266

2,645
30

10,881
320
968

2,149
365

1,011
737
582

3,231

""872
712
558
774

1,293
1,660
233

1,237
5,609
1,365
640

633

1

15%
9%
Sale

29

33%
33%

36

Sale
Sale

30%
46%
30%
29%
35
34

42%
Sale

1%
36%
9%

8%
5% Sale
15% Sale
13
12%
8%
11

-*

Amer Rad & Stand San

Am Smelting & Refg Co—--*
American Tel & Tel Co
100

Copper Mining—50
(111)
5

& Co

Ry__100

Atch Top & Santa Fe
Atlantic Refining Co

25

3

Corp (Del)

Transportation—1
Baldwin Loco Works v t c—13
Aviation .V

—-—5
5

Barnsdall Oil Co
Aviation

Columbia Gas & Elec

Corp—*

Commercial Solvents
*
Commonwealth & Southern—*

Continental Motors Corp
1
758 Continental Oil Co (Del)-—5

35,401 Curtiss-Wright
Class A
3,629

1

Corp

——1
5

«»

529 Electric Bond & Share
Electric Power & Light
General Electric Co

Corp.*
-_*

General Foods

Corp
*
Goodrich (B F) Co
*
430 Graham-Paige Motors Corp-.l
*
3,809 International Nickel Co
__*
3,329 International Tel & Tel

19%
2%

2

5%
6%
13c
9%c
%c Sale

New York Central

RR

North Amer Aviation Inc
North American Co
Ohio Oil Co

Packard Motor Car Co

Pictures

Inc

Pennsylvania RR Co

8*

.tm

iis
i?8
26

5%

74%

p 5p

6%
14%
1%
3%

23%
10%
29%

14%

8c
24
Sale

4%
24%

5
24%

38

40

27% Sale
25%
25%
29%
33
30%
31
7% Sale
18%
18%
1%
1%
21

7%
4%
12%

May
26% May
30
May
37% May
4
May

7% May

8

45

1

30
7

17%
1%

7%
4%
Sale

12

8

4%
8%
8%

May
May
May
May
May
May
May
May
May
May
May
May
May
May
May
May

May 29
May
7
4% May 14

21

7%
28%
2%
39%

31

May
1
May 11
May 31
May
1

17c

22

18
13
21

15

May 11
2
7% May
May 13
May
9
2
6% May

18 o50% May
28
22

2% May 14

21

9

30

21

21

2c
May 15
20% May 22

4%
23%
38%
27%
24%

9
3
3

32% May
32% May
29% May

29

May 22

1% May
May
15c
May
6
May
% May

30

23%

8

25
25

28
28
27
22
21
20
21
21
13
28
29
24
21
28
14
14

1
4
33% May
8% May 22
2c
May 15
9
28% May

4%
6%
30%
46%
30%
29%

May 17
May

May
May
May
May

9

9
Sale

15

1%

7

Jan.

zVA
14c

3% May 15
50% Mar. 30
May 28
8% May 22
2c
May 15
20% May 22
24% Jan. 25
2% May 14
4% May 28
23% May 28
38% May 27
27% May 22
24% May 21
26

ik*

May
2
8% May 15
5% May
1
15% May
1
12
May
4
8% May 14
13% May 10

21

^

36

7

17%
1%
8

4%
12

May 17

2% May

2

1 %

May 23

2

May

9

Jan.

16

May
May
May
May
May
May
May
May
May
May

20
21
13
28
29
24
21
28
14

J an.

15
3

8%
8%
4% Jan.
5

2

30

May 22
May 21
Mar. 29

May 18
May 13
Jan.
12

7
9
1
May 13

May
May
May

19

2%

26% May 31
29
May 25
26% May 25
30
May 29
37% May 21
May 21
20% Mar. 6
May
1

30

33%
12%
22%
1%

14
20
14
20
15

21

May 17
5% Mar. 12
18
Apr. 30
1% May 23
2

4% Apr. 24
10c

Jan.

16

13% Apr. 16
12% Mar. 15

34%
34%
31%
39%
49%
6

Mar. 27
Apr. 18
8
Jan.
5
Apr
Jan. 23
Jan.

2

20% Feb. 19
8

Jan.

19

28% May 11
2% Jan.
5
40% Apr.
9
17c
May 11
8% Jan.
3
1% Jan. 11
10
Apr.
6
6% Apr. 23
52% Apr.
8
33 % May
4
8% May 22
3c
31

Jan.

9

Mar. 21

24% Jan.
4% Apr.
7
Apr.
30% Apr.
46% Jan.
30% Jan.
29% Jan.
34% Jan.
34% Jan.
15% Jan.
26% Jan.
1% Apr.

25

36

Jan.

10
7

20
4

Jan.
Mar. 14

15
8

15
12
2
4

16
9
3
9

19

17% Jan.
8
15% Jan.
3
9% Mar. 27
14
Apr. 16
Feb.

20

3% Jan.

22

6

7

Mar. 28

18

Apr. 30
Feb.
2

3

Sale

30%

3 k
40 M

48%
20%

% 8^c
Sale

37%
55%
4%

*

1
10
*
*
1
*

of America

*

Republic Steel Corp

*

410 Seaboard Oil of Del

-

*
*

15
*

*
8,661 Standard Brands Inc
25
2,584 Standard Oil Co (N J)
*
1,733 Stone & Webster Inc
1
14,895 Studebaker Corp
327 Superior Oil Corp (Del).
1
25
3,851 Swift & Co
25
3,287 Texas Corp
10
2.172 Tide Water Assoc Qil Co
*
2,369 Union Carbide <& Carbon
4,949 United Air Lines Trans Corp.>5
5
3,276 United Aircraft Corp
*
1,074 United Corp (Dei)
10
3,122 U S Rubber Co
*
18,137 U S Steel Corp
--..5
3.173 Warner Bros Pictures
50
1,226 Westinghouse Elec & Mfg
6.752 Willys-Overland Motors Inc..1
...

Odd lots,

4%

5

7c

7%c

lc

3c

6c

9c

1.15

%c

1%

4% May 22
7c
May 24
%c May
1
7%c May
9
1.00 May 18

5% May 13
9%c May
2
ic
May

7%c May
2

May

lc

45c

20c

35c

l%c

2%c

l%c

2%c

6% Apr.
4% May 22
7c
May 24 14%c Jan.
2c
Jan.
Jan.
9
May
9 7%c May
1
May 18
2% Jan.
%c
Feb. 26
%c Feb.
28c
Jan. 23
35c Mar.

%c
7%c

l%c

—

Jan.

29 2%c

Jan.

6
15
17

9
3

26
26

2

4

Jan. 11
10
8
8
May
9
8%
5% May 24
5% May
5%
5%
47% Jan. 15
48%
8
49%
36% a32% May 28 a49% May
35%
47% Jan.
174% Mar. 12
May
May 20 148
172% 173% 148% 149% 148
May 23 153
31% Apr. 10
May 15
19% May 24 25
29%
22%
19% May
21%
7% Apr. 22
6%
4% May 21
5% May 13
7%
4%
4% May
15
8
15
24% Apr.
May
May 18
17% May 16
21%
22%
13%
14%
22
22
May 14
25
20
22
May 14 22
May 14
May
24%
20%
5
5
May
8% Apr. 13
3
May 15
6%
5%
7% May
7%
5%
Jan.
4
4% Apr. 15
3
3% May 14
3% May 14
4%
3%
13
19% Apr. 10
May
16% Sale
May 23
19% May 10
13%
14%
08
9
12% Apr.
10%
3
May 21 all% May
11% Mar.
11%
7%
8%
Apr. 16
May 10
32%
31% Feb.
33%
28% a26% May 23 a 35
84
Apr. 25
o64% May 28 o89% May 10
72
73% Feb.
81%
82%
8
22
23
24% Apr.
4
23% Feb.
15%
16% aI3% May 21 a22% May
6
Apr.
4
5%
a2% May 22 g3% May 15
5%
5% Feb.
2%
3%
66%
45% a45% May 27 g52% May 15
68%
43%
51
May
4
May 21 a51
Apr 22 51% Jan. 24
49%
50%
45%
46% a43
5
a4% May 22
o5% May 22
6%
4%
6%
8
6
7% Apr.
5% May 13
5
6% May
9
6%
5% May 13
4%
5
Jan. 19
9
16% Apr.
9
14%
14% May
14% May
14%
8%
9%
4
1 %
87 %c May 22
1% Jan.
1
1% May 11
7.5c
May 22
1%
2
4% Feb.
3
3% May 16
May 14
2% May 14
3% Sale
3%
20% Apr. 17
May 17
20% May 17 20% May 17
19%
22%
23%
18%
10
8
11% May 10
7% May 15
8%
7% May 15 11% Mar. 8
10%
7
29% Feb.
24% a21% May 22 o28% May 10
28%
24%
28% Apr.
28%
3
8% Jan.
7
5% May 13
5% May 13
4%
5% May 13
6%
3%
8
8
Jan.
6
o2% May 22 o4% May 14
5% Mar. 29
5%
3%
3%
40
Jan. 11
27
27
May 21
May 21
36%
32% May 16
37%
29%
30%
41
41
49
May 13
May 14 47% Feb. 19
May 14 45
48%
39%
38%
4
9
16% May
16% May
3
9 20% Apr.
16%
16% May
17%
11%
10%
4
1
Jan.
Jan.
4
75c
50c
87%c
4
1
30% Apr. 18 38% Jan.
21% a20% May 28 029% May
28%
29%
5
4% Jan.
2% May 13
2% May 13
2% May 13
2%
3%
2%
2%
9
27
27
Apr.
27
May 24 38
May 24
35% May 10
34%
27%
33%
6
22% May 27
22% May 22
33%
22% May 27 35% Feb.
34%
22%
23%
2
6
47% May
45% May
2
6
47% May
45% May
47%
36%
48%
36%
4% Apr. 12
2% May 21
2% May 21
2% May 21
3%
3%
4%
2%
7% Mar. 30
4
May
9
4% May 24
4%
6% Apr. 10
6%
6%
16
May 10
May 22
18% Jan.
3
9% May 22
10% Sale
15%
17
Apr.
9
May 28 23% May 10
May 28 26
22%
22%
17%
17%
7
23% Apr.
6
4
May 21 022% May
20% Mar.
15%
21%
22%
16% al5
5% May 22
7% Apr. 17
6% May 20
5% May 22
7%
5%
8%
6%
4
Mar. 11
3
3
2% May 15
3% May
2%
2% May 15
3%
3%
8% Apr.
4
5% May 17
5% May 17
4%
5% May 17
6%
4%
A*
5
21 % May
1
1
21% May
17%
21% Sale
21% Apr. 18 24% Jan.
16%
9
Jan.
5
Jan.
5
9
9
a7% May 28 all% May
10%
7%
7%
11%
3
7% Apr.
6% May
4% May 17
8
4% May 17
6%
4%
6%
4%
Feb.
5
15
1
1% Jan. 29
87 %c
1.25
50c
s May
0%6 May 15
8
14% May 21
16%
22% May 10
14% May 21 23 % Apr.
20% Sale
15%
11% May 21
11% May 21
11% May 21
May 21
13%
17%
17%
12%
87% Apr.
6
7
Apr. 22
85%
66% a61 % May 21 085% May
86%
65%
5
1
12% Apr.
10% May
May 21
8%
10% Sale
7% May 21
7%
14
14
10
16
17% Jan. 26
May 13
May 13
May 13
15%
9%
5
7
May 10
7% Jan. 18
5%
May 22
May 22
7%
5%
7%
4
May
9
45% Jan.
Apr. 19
30% o31% May 29 a43
41%
42%
29%
12
Jan. 11
Mar. 28
a5% May 21
o9% May
9
6%
9%
5%
9%
5% May 20
10
6%
9% May 10
6%
5% May 20 12% Feb. 20
10%
2
2
2% Apr.
9
Apr.
2
1%
2%
1%
19%
18% May 23
18% May 23
18% May 23 23% Feb. 28
18%
23%
24%
4
36% a33% May 22 o47
May 11
45%
35%
45% Mar. 25 47% Apr.
46%
11
Jan.
3
1
12
08% May 29 ol2
May
6
9%
10% Feb.
11%
8%
64
a62% May 31 o81% May
63
4
80%
81%
82% Feb. 29 82% Feb. 29
23% Apr. 15
12% May 21
9
13%
14%
21% May
12% May 21
20% Sale
44%
2
42% May 29 48% May
47%
48%
43%
42% May 29 51% Apr. 17
3
2% Jan.
1%
May 15
May 15
1% May 15
2%
1%
2%
9
23
23
May 15 24% May 13
17%
May 15 38% Feb.
17%
30%
31%
9
65
45
Apr.
47
20
45
55
May
May 14
May 20
46%
58%
59%
4
4
Jan.
3
3
2%
2% May 16
2%
May
4
2% May 16
3%
87% fl77% May 21 0114
May
3
112% 113%
"A
86%
2
2
2%
2% May
May 14
1
1% Mar. 13
3% Apr. 22
% Sale

ilH

ft*

,

24%

38

*




31%

37%

Radio-Keith-Orpheum

a

b"

36%
55%

50

Pure Oil Co

3,786 Sears Roebuck & Co
6,384 Socony-Vacuum Oil Co
901 Southern Ry

No par value,

10
51

170% 171%
30%
30%
6
5%
21%
20%
84%
24%
7
7%
3%
3%
17%

*

Montgomery Ward & Co
*
Mountain City Copper Co—5c
McKesson & Robbins Inc
5

Radio Corp

lc

4

29

May
Sale
3% May
39% a34% May
26
29
May
8%
8% May

25c

2%c Sale

*

Copper Corp

Loew's Inc.

Paramount

7%
21

26% May 31

May
3% May
8c
May
9% May
12% Mar.

30c

Highest
Sale Prices
47c
Feb.
5

stocks—

5,402 Bethlehem Steel Corp (Del)--*
5
3,547 Borg-Warner Corp
25
831 Canadian Pacific Ry
45 Case (J I)
100
*
1,650 Caterpillar Tractor
10
222 Cities Service Co

3,325
1,192
9,101
1,150
24,427

May
2
4% May 13
8c
May 14
13
May
3

36c

7

lc

Kennecott

5

Sale

2%
5%

2

3,604
2,543
3,137
1,700
3,067
9,367
15,302
4.911
3,035
7,493
2,369

8*

c

1%
4%

9c

1,199
5,754
3,580
3,123

6%

6%

4

%c

5,263
3,491
3,930
6.953

36
Sale

7

1%

Bendix

May 14
3% May 21
8c
May 14
9% May 21

30c

15
Sale

7%

8c

Aviation

15c

6%

W

i

Armour

27%

3
7

c

Sale

4%
2%
6%
18%

-

Lowest
Sale Prices

stocks—

5,160 Cons Chollar G & 8 Co_

Anaconda

16

25%
2%

1%

29%
31

5%
17%
2%

25c
Sale

Sale

37%
4%
17%

3%

27

,

11

28

38%

8c

4

10c

37

50

1,185 Alaska Juneau Gold M Co--10
62,500 Black Mammoth Cons M ColOc
75,500 Calumet Gold Mines Co—10c
1
2,000 Cardinal Gold Mining Co

2.910
1,792
10,365
11,389
4,310
6,183
1,056
12,385
1,840
7,530
1,590
3,851

10%
26%
29%
26%

34

35

unlisted

3.772
4,661

10

33

13%

Highest
Sale Prices

12

5,000 Imperial Development Co._25c
10c
2,100 Prince Cons Mining Co
10,434 Zenda Gold Mining Co.-—25c

1,200

7c

49

Sale

30c

3%

32

-*

-

28c

5%
47%

2o

mining
400

32

3114
35%
49%

--

25,420 Solar Aircraft Co
6,306 Sontag Chain Stores
40,472 So Calif Edison Ltd com
520
Original preferred
27,655
6% preferred
5 %% preferred
18,570
1.131 So Calif Gas 6% pref
5,566
6% Series A pref26,291 Southern Pacific Co__
43,037 Standard Oil of Calif
,
300 Sunray Oil Corp
6,184 Superior Oil Co common
2,226 Taylor Milling Corp.79,219 Transamerica Corp
62,635 Union Oil of California

30,511

13%

34 %

9,731 Puget Sound Pulp & Timb Co.*
18,504 Republic Petr Co Ltd—- — -1
546
5%% Preferred A
50
1
24,320 Rice Ranch Oil Co
25,967 Richfield Oil Corp common—*
Warrants
4,064
2
17,451 Roberts Public Markets
94,833 Ryan Aeronautical Co
1
1,473 Safeway Stores Inc
*
2,062 Security Co units
618 Shell Union Oil Corp
-25c
5,000 Sierra Trading Corp
3,242 Signal Oil-Gas A
*
B common
*
100

4,122
9,595

4%
10c

34

10

Pac

37c

12%
12%
10%

25
25

201

1,070

7c

Lowest
Sale Prices

May 31

Ask Bid

4%

10
10
-25

Preferred A

Lighting Corp com
703 Pacific Public Service231
1st preferred
l

13,345

36c

-1
Finance Corp common.-10

9,413 Pac Gas & Elec Co com
1st preferred 6%
3,948
5 %% 1st preferred
2,021
5,767 Pacific Indemnity Co

1

Bid

1
*

Oceanic Oil Co
Pacific Clay Products
Pacific Distillers Inc

220
20

1,997

May

1940
Par

Shares

900

RANGE SINCE JAN.

Price
Jan. 2

Since

2,700

65

exchange

PRICES IN MAY

los angeles

stock exchange
In

Shares

stock

t Name of Los Angeles Industries, Inc., changed

M

__

itH

i?H

WA

i"
10%

to Blue Diamond

Corp.

as

of March 26, 1940.

__

RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE
Stock Sales

1940

May

Shares_

Jan. 1 to

1939

30,346

420,710

May 31.

AQOREGATE
SALES

376,252

Jan. 1

BONDS

1940
Bid

STOCKS

Shares

2,345

4,135 Allegheny

3,427

41

108
688
885

50

1,000

564

Preferred

Preferred

185

1,397
5,294
1,310

1,115
6,835

"loo
20

721

8,107
17,153
2,730
100

IN MA Y

RANGE SINCE JAN.

Ask

Highest

Lowest

Sale Prices

Sale Prices
113

108 K

16

May 21

IK
7K
23 K
5K
6K

May
May
May
May
May

26 K May

10

113

37

Sale

*

11

Sale

*

12 K

Sale

40 K
10

Sale
Sale

7%

Sale

35c

»

5K

50c
Sale

♦

6K

Sale

1

10c

15c

6

7

10c

....

4K

5K
Sale

100
*

15c

*

6

15 K

5

16
11

17

Duquesne Brewing

11K

Electric Products

*

5

Sale

13 K
5

Follansbee Bros pref
Fort Pitt Brewing

10

14

100
1
100

IK
12K

Sale

140 Jeannette Glass preferred
*
20 Jones & Laughlin Steel pref. 100
1,688 Koppers Co pref
100
*
42,326 Lone Star Gas

84 K
10

Sale
10 k

common

1,070
1,180
320

35 McKinney Mfg Co
1
47,704 Mountain Fuel Supply
10
10,734 Nat Fireproofing Corp com..*
565 National Radiator Corp
10
10 Penn Federal Corp common.
*
30
Preferred 4K %
50
3,055 Pittsburgh Brewing
*
Preferred
^
2,238
684

Pittsburgh Coal Co

150
20
275

1,186
2.020
210
100
200

753

5,666
4.021

Preferred

5K Jan.
4K May
82 K May
20c
Apr.

18

IK

Sale

16
13 K
Sale

Sale

18 K
6

13K
9K
10K
IK

Sale

17K May
6
May
13
May
9K May
4K May
9
May
IK May

24 K May

15 K Jan.
4
Mar.

-----

-----

12K
Sale

31

89
10 K

29

Sale

10 K
Sale

5

Sale

6

1K
6K

Sale
7K

IK

IK

7

75

8K

81

9K

8K

5

80c

Sale

IK

21
1

27
25
23
22

17

10
6K May 22
16 K May 14

13 K May

6
May 21
18 K May
9
1K May
1
5

May 14

29

May 24
7K May 24

91

75

4K May 15
May 14
7
May 14

75c

May 14

May
10 K May

6K May
1 K May
7

May

6
6
14

220

Pittsburgh Steel Foundry

5K

IK
36

IK
38

IK

IK

27 K

IK
102 K

Sale

IK
Sale

Preferred

6% preferred
Foundry

25 United Eng &

240 United States Glass

200

May
IK May
28
May
4
May
13

IK
77 K

IK
Sale

"~8K Sale"
4

40c

7K

522

..

Voting trust certificates
2,409 Vanadium Alloy Steel
5,870 Victor Brewing Co
1
252 Waverly Oil Works class A
8,146 Westinghouse Air Brake
1,753 Westinghouse El & Mfg

5
1

lc

1

27,216 San Toy Mining
10,994 Shamrock Oil & Gas

IK

100
10

65

24
25

22
16

26

May 10
IK May
3
36 K May 13
4K May 17

Sale

;

2c
-----

50c

Sale

30c

"5K

50c

6K

lc

2c

lc

2c

IK

IK

IK

2

80

May

1K May
75

May
4K May
3
May
30c
May
2
May
5
May
lc
May
IK May
60
May
7K May

13

May
1K May
103 K May
7K May
4
May
30c
May
2
May
8
May
lc
May
IK May
60
May
7K May

1
7
10
10
1
15
9

1
22
10
14

7

5
15c

1
1

25c

55c

,_1

*

10c

Jan.

13

May
9K May
4K May
9
May
IK Jan.
12 K Jan.
29
May
65
Apr.
75
May
7K May
IK Mar.
May
May

75c*

?B

Jan.

Mar.

25

May
IK May
28
May
4
May
22

13

IK

*

411

811

1K
32K
Sale

1K
31

1

100

100

25
*
*

Co

655 Renner

111

4,085

1
5

470 Reymer & Bros common
1,463 Ruud Mfg

71

1,075
1,250

100

25

100

215 Pittsburgh Forgings
2,060 Pittsburgh Oil & Gas
2,846 Pittsburgh Plate Glass
4,545 Pitts Screw & Bolt Corp

21

25

com

25 110K Jan.

Feb.

2
3
6K May
4
82 K May 16
25c
May 23

May

1

10

Crandall McK & Hend
Devonian Oil

Highest

May
May
May
Apr.
Apr.

6 K May

-

""20

625
.

o

3,120 Pennroad Corp v t c
par value,




x

Ex-dividend.

25

::::: ~33K
20c

30c

35c

15c

*

3K
23 K

20c

5
Sale

10c

35c

28

30

*

55c
32

15c

87 K

50

Sale

"19K Sale*
Sale

25c

May
15c
May
28
May
15c
May
3K May
15 K May
77 K May

25c

May 28
15c
May 20
34
May 10
20c
May 28
3K May 13
24 K May
"
112K May

Jan.

10

Jan.

IK Feb.
75
May
4K May
3

Mar.

30c

May
IK Feb.
5
May
lc

Feb.

IK May
60
May
7K Apr.
33
Apr.
25c

Apr.

26 K May

10
19
Apr.
1
Apr. 24
43 K Apr.
8

113 K Apr.

§8

Jan.
Feb.

3
10

74 K Apr.
40c
Jan.

9

m

1

IK

Sale

IK May 24

2

May 27

5

6K Apr. 18
8
7K Apr.
82 K May 16
25c

Jan.

26

1

Jan.

10

25

Apr.

22

6K Mar. 21
9
17K Jan.
14

Mar. 13

6K Mar. 29
20

Jan.

9

IK Apr. 30
Apr.
5

15
32

Mar.

2

65

Apr. 26
May
8
10K May
9
IK Apr. 19
6
6K May

91

Jan.

11

Jan.

3

9

Mar. 20

Apr.

2iijg

25

Jan.

12

36K Apr. 17
Apr. 15
4
27 K Jan.
13K Apr. 23
Feb.

1

104K Apr.

18

8K Jan.
4
May

2

Mar.
Jan.

6
12

9K Mar

27

45c
2

1

Feb.

1

2K Jan.

10

Jan.

9

7 K Apr.

lc

65
33

Apr.

6
24

55c

Feb

19

10c

15c

28

34

May

25c

Apr.
May
15c
May
3K Apr.
15K May
77K May

May 20
10
Jan.

17

3K Apr.

17

28 K Jan.
117K Jan.

3

UNLISTED

*

1

Sale Prices
9 113
Jan.
9

May
Apr.
May

May
6
5K May 18
4 K May 22
82 K May 16
25c
May 23

-_10

Steel

16

113K
IK
6K
23 H
5K
6K
74K

2K May
18
3
8K May
21 *41K May
10 K May
21
21
11K May

100

-

Jan.

110K Jan.

♦

Preferred

(Jos)

Lowest
Sale Prices

May 31

10

18,173 Columbia Gas & Electric
50
6% pref series A
2,033 Consolidated Ice Co

70 Horne

1

Ask Bid

*

7,869, Clark (D L) Candy

Copperweld

May

Bid

*

140,216 Carnegie Metals

2,883
1,695
3,340
14,112
2,250
4,533
21,448

.

Ask

100

1,999 Armstrong Cork Co
7,463 Blaw-Knox Co
1,432 Byers (A M)

341

""308

Ludlum Steel

Preferred

10

49,185
3,605
7,245

$7,000

Par

3,652 Arkansas Nat Gas Corp

2,663

May 31-__

PRICES

4,000 Independent Brewing 6s_.1955
3,000 Pitts Brewing 6s
1949

"

Jan. 1 to

Jan. 2

$

Shares

1939

Price

Since

May

1940

May_

PITTSBURGH

STOCK EXCHANGE
In

$

Bond Sales

141,494

May 24

2K Jan.

4

I

General Quotations
OF BONDS AND STOCKS

In the earlier part

the

country,

of this publication

for the latest month and for

General Quotations

we

only those dealt in

on

combine in one comprehensive whole, securities' of all classes and descriptions, not
unlisted and inactive securities.
The following is an

the exchanges, but also leading

index to the different classes of securities

quoted:

——

84

...........

92

Mining Stocks

........—..

93

.................

81

Federal Land Bank Bonds

Foreign Government Bonds
Industrial Bonds

Insurance Stocks.

.

—

Real Estate Trust and Land Stocks.—.....

85

94

Textile Stocks........——'i-'.

80

85

...........

73
78

Title Guarantee and Safe Deposit Stocks.
United States Government Securities—...

92

Railroad Bonds.........................

67

United States Territorial Bonds..........

92

85

...............

100

Public

Investing Companies Securities.......... 72

........

Canadian
Public

......

Real Estate

85
Municipal Bonds—Domestic....92

.....................

Industrial Stocks

71
Bonds.................—...101

Railroad Stocks...............—

84

Joint Stock Land Bank Securities....

............

Page

Page

Page

Exchange Seats

of
of

complete records of the dealings on the leading stock exchanges
the calendar year to date, are furnished. In this department

.........................

Utility Bonds...........
Utility Stocks..

...

.......

possible for the closing day of the month preceding the date of issue.
quotation Is a flat price—that Is, that the accrued Interest forms part of the price, and
provide for it separately In making payment. In the case of Income bonds and bonds In default, the price is
always "flat." and no designating mark is employed to indicate the fact
Quotations for equipment bonds are based on average maturities.
Quotations for guaranteed stocks are "and dividend" that Is the accrued dividend must be paid In addition to the price.
It should be borne In mind in the use of these tables that the quotations for many inactive and unlisted securities are merely nominal, but in all
Quotations for all securities are as near as
The letter "f"

prefixed to bond prices denotes that the

therefore the purchaser does not have to

cases

the

figures are obtained from sources

which are considered reliable.

:

"g" for gold, "gu" for guaranteed, "end" for
dated "conv" for convertible, "s f" for sinking fund, "I g" tor land grant, "opt" for optional.
The black-faced type In the letters showing the interest period indicates the month when the bonds mature.
The following

abbreviations are often used, viz.: "M" for mortgage,

"f" and income and defaulted bonds.

NOTICE—All bond prices are "and interest" except where marked

Bid

Bonds

34

40

76

82

6s'40J&J /

Adirondack 1st 4 Ms 1942 gu MA8
Akron A Barb Belt 4 4s 1942. JAD
Akron Oanton A Youngs town—
Gen A ref 6s 1946 series A.AAO
Gen A ref 5 Ms 1946 ser

B.AAO

(Cont)—
Stamped modified, bonds:
1st mtge gold due 1948 int
at 4% to Oct 1 1946-A&O
Ref & gen M ser A du6 1995
int at 1 % to Dec 1 '46-J&D
Ref A gen M ser C due 1995
interest at 1 1-5% to Dec 1
1946
J&D

98

37

40

37

Alabama Great Southern—

108

1943 ser A.—J&D
105K
1943 ser B.....JAD
Alabama Tennessee A Northern—
Prior lien 6s 1948
J&J
Gen Income 6s Oct 1948
JAJ
Alabama A Vicksb.rg Ry—
1st M g 5s 1974 - rieu A..MAN
66
Albany A Susq 3M* 8 1946..AAO
Alleghany Corp—
70
Ooll tr conv 6s 1944
F&A
58 %
Ooll A conv 6s 1949
—JAD
5s btamped 1950
A&O / 29m
104 h
Allegheny Val gen 4s 1942—MAS
Allegheny A Western—
1st cons g 6s
1st Cons 4s

1st mtge guar 4s 1998
American Refrlg Transit—

AAO
■

iosm

Equipment trust 4Mb...
-Q 4Hi 1940-41 E lyr)
F&A
Eq tr 2He 1940-52
AAO
Atlantic Coast Lane (Conn)—
Lrrod ctfg or indebt 5a
JAD
Atlantic Coast Line of S O—
Gen 1st g 4s July 1148
JAJ
Atl A Danvilk 1st 4s 1948...JAJ
2d h 4s 1948
JAJ
Atlantic A Yadkin gu 4s '40.AAO
Aug Term lBt gu g 6s 1947..AAO
Augusta Un Station 4s 1953.J&J
Austin A Northwestern—
1st mtge gtd g 5s. 1941
JAJ
Baltmore & Oeio—
1st mtge g 4s, July 1948--AAO
4% ext sec notes 1944.
F&A

2000
1% to Sept 1 '46-M&S
Ref A gen M ser F due 1996
int 1% to Sept 1 '46-MAS
Conv gold due 1960
FAA

11

Me
85
80

31

105m

55

3.00

1.50%

35m

39

100

82

17 M

19 M

21M

16 H

17 M

1st mtge gu g 4s 1955
Bost A Prov deb 5s July 1

17 M

Boston Rev Beach A

Boston ANY

16 H

Eq tr 4Ms ser D 1941
JAJ
Eq tr 4 Ms ser E1941-42--AAO
Eq tr 4 Ms ser F 1940-44..MAN
Eq tr 2 Ms ser J 1941-50
Bangor A Aroostook—
1st M

08

g

Jan 1

Cons refund g 4s

1951. -

Plscat Div g 5s Jan 1943..AAO
Van Bur Ext 6s g Jan '43-AAU

36

48

3.25

2.25%
2.25%
2.25%
2.00%

3.25

3.25
3.00
89

66

78

82

78

82

Beech Crk

65

96 ml

100M
108 >6
105
99 m
1.80

105 mi
100M
1.25%

Equip tr 2Ms 1941-1947..MA8
Big dandy Ry 1st g 4s 1944..JAD
Birmingham Southern—

25

Equip trust 3 Ms Dec. 1 1940-46

90
93 vs

99
94

lOO"

1967...MAS

83

Stamped
1st mtge 5s ser II1955
Stamped
1st mtge4Msser JJ1961
Stamped

64 M

66
49

60M

63

50

60

2.00
2.00

2.50

70

1.50%
1.50%
2.00%
76

AAO

3.00

51

86

&

42

90

II*

52

54

70

72

49

52

49

52

44 K
44 M

49

47

45 %
50

45M

44 %

49

80
78

81

5s series U Nov 1 1941
5s series V Mar 1 1942

65

W

65
65
59 M

59 M
59 M

5s series X July 1 1942
5s series Y Jan 1 1943
5s seres Z May 1 1943

105

88

45 M

5s series

75

62

48

29 m
28

48

2.00%
.

46

98

25

20

Stamped bonds—All series
tos series Q Feb 2 1940
5s series R May 1 1940
5s series S Sept 1 1940
5s series T Sept 1 1941

95

103

1.30%

43

28

April 1 1942

•»

-

-

-

«.

~

-

-

-

59

—

-

*.

-

»

—

5s series DD June 1 1945
5s series EE Jan 1 1946
5s series FF Jan 1 1947
5s series GG April 1 1947

b Basis,

JAJ
JAJ

85

1961

5

3

5

98

loo"

2.25

cons

deb

4 Ms coll trust 1946

4Ms coll trust
-

58 coll trust

1960

1954

56

6s conv coll trust 1942

56

Equip trust 5s 1944
4Ms 1940-1945

f This price includes accrued interest,

1.50%
59

65 m
101

72
102

100M
99 m

101m
100m

65 m
103

66 m
104

97

98

98

99

98

99

96M

97 m
64

62

73 m
73 m

74 m

73 m
74 m

w*
76

U6M

74 m

118

79

80M

78

79 m
80 m

77 m
7.00
7.00
7.00

6.00%
6.00%
6.00%
97

94

95 m

95
97

101

99 m
100
55

53
51

53

53

55

38m

39

J&J
J&D
M&S
J&J

57

59

55
49

58 m
50m

J&D
M&S

(perpetual)

secured ctfs 1944

4 Ms

-

J&J
F&A
F&A
J&J
M&N
F&A
J&D
J&D
F&A

56

4Ms series L 1940-1945.J&D
2Ms series O 1940-1947.F&A
Canadian Nor deb 6 Ms '46—JAJ
Canadian N W 4 Ms Oct 22 1943—
Canadian Pacific Ry—
2 Ms coll trust 1941
A&O
3s serial coll tr 1940-41
F&A
3s conv coll trust 1945
A&O
3Ms conv coll trust 1951.-F&A
4s conv coll trust 1949
J&J

61

56

60

3
102

guaranteed 1943

61

-

28 m

55

'41—JAJ

7-year guar 2 Ms 1946
3s guaranteed 1944
3s 15-year gtd 1952
3s 13-year guar 1950
3s id-year guar 1950
3s 15-year gtd 1953
3s 15-year gtd 1959
J&J
4 Ms guaranteed 1951
M&S
4Ms guaranteed 1956
F&A
4 Ms guaranteed 1957
J&J
4Ms guaranteed 1955
J&D
5s 15-yr. guaranteed 1954-F&A
5s guaranteed July 1 1969 J&J
5s gtd Oct 1 1969
A&O
5s guaranteed 1970
F&A
Equipment trusts—
4Ms series J 1941-42
M&N
5s series K 1941-1944—M&N

58

•

27 m

FAA

58

57 M
57 M

67

Rapids A North—

Guar 7-year 2Ms 1944

4s

59

5s series A A April 1 1944
5s series BB April 1 1944
5s series CC Jan 1 1945

46

Canada Atl Ry 1st 4s 1955..JAJ
Canada South 5s 1962 ser A.AAO

2s

1.85

43

MAN

41

Canadian National Rys—
2s guaranteed 1942

-

Boston A Maine RR—
1st mtge 5s ser AO

37

~

105

60

70

JAJ

Equip trust2Ms 1940-47..AAO

82

Albany 5s Oct '63..JAJ
JAD
4 Ms impt 1978
FAA
1st mtge 4Mb ser A 1943..AAO
3M« Jan 1 1951
...JAJ
Ref 3M» 1952 gu N Y O..AAO

6
45

Cambria A Indiana RR—

106

Birm Term 1st g 4s 1957 gu.MAS
Boonville St L A Sou 5s '51.FAA

5s June 1942

87

M

16

4

40

Gen M g 4s 1955

Bessemer A Lake Erie—

101

14

3Ms 1947—F&A

Cambria A Cl'field 5s g

75"

90

9M

85

Con 1st A coil tr 5s g '34..AAO
Certificates of deposit

42

Boston A

20

Burl Cedar

58

79
97 m
93

6m

3.25

int at 3% to 1946 due 1957—
Buff A Susquehanna RR Corp—
1st 4s Dec 30 1963
.JAJ

93

52

80

AAO
Belt Ry of Chatt 1st 6s '45..JAJ
Belvidere Del cons 3 Ms 1943. JAJ

3.25

2.25%
3.00%
2.25%
2.25%

3.75

4Mb Juy 15 1947—JAJ16
JAJ

1st ref 5s

40

3M* 1951

3.25

Buffalo Rochester A Pittsburgh—
Cons mtge (stamped modified)

47

Ext

53

1938
Lynn—

Buffalo Creek 1st 5s 1941

41

43

40

75"

54

FAA

4s1950

35

103

55

6s ext to Jan 15 1947..

55

1943-.—JAJ
1951
JAJ

m

Ask

Air Line—

Boston Term Co

44 %

Battle Or A Sturgls gu 3s '89.JAD
Bay City A Batt Crk 3s '89.JAD
Bedford Belt 1st 5s 1938.
JAJ f

102 M

§1"

1st

9

8M

1950

int 3M% to Jan 1 '47-JAJ
Tol Cinn Div ref 4s A '59-.JAJ

^Remainder of Boston & Maine quotations are for unstamped issues,
Payable in Canadian funds.




16M

MAN

Ref 4s ext to 1951

4s stamped

98

60

FLUtSi West Virginia—
S'western Div 1st M due

73 mi
60

56 M

Ref A gen M ser D due
int

,

Equip 6s ser F, G A H, *41- 45
Ann Arbor 1st g
s 1995
Q-J
Ark A Mem Ry B idge A Term—
1st M 6s 1964
MAS
Aroostook Nor 5s g 1947..—AAO
Atchison Topeka A Santa Fe—
Gen mtge gold 4 > 1995—.AAO
Adjustment 4s July 1 1995 Nov
Stamped
MAN
Conv g 4s of '09 due 1955. AD
Conv g 4s '05 due 1955..JAD
Oonv g 4s of '10 due 1960. JAD
Conv deb 4M» 1948
JAD
Trans S L 1st g 4» luoa—JAJ
(Jal-Arix istAref4Hs'02 opMAS
Rocky Mt Div 4s 1965..
AJ
Eq tr 2 Ms 1940-1949
MAN
Athens Term Ky 1st g 5s '37--JAJ
All A Birm.
See Seab'd Air Line
Atlanta A Charlotte Air Line—
1st M 4H- 1944 ser A
JAJ
lut M 5s 1944 ser B
JAJ
Atlanta Knoxvllle A Northern—1st mtge gold 5s 1946
JAD
1st cons 4s Mar 1 2002—MAS
Atlantic City 1st 4s 1951—JAJ
1st 5s ext May 1 1954..-.MAN
Atlantic Coast Line RR—
1st cons 4s July 1 1952—MAS
Gen unifser A 4 Ms 1964..JAD
10-yr coll tr 5s May 1 '46.MAN
Lou ot Nashv 4s Oct 1 '52.MAN

r

^Boston A Maine RR (Cont)—
Mtge 4Mb 1944
JAJ
Mtge 4s 1942
FAA
Mge 3s 1950
JAJ
Equipment trusts—
3Ms 1940-1944
JAD
4s June 1 A Dec 1 1940-49
4Ms 1941-1943
AAO
5s 1941-1944
MAN

Baltimore A Ohio

RAILROAD BONDS
Aberdeen &Asheboru 1st

Bid

Bonds

Ask

Bid

Bonds

Ask

•

endorsed, "cons" for consoli¬

54 m

57

62

64

J&J
__J&D

k Last sale.

90m
7.00
n

91m
6.00%

Nominal.

68

RAILROAD
NOTICE—All bond prices
Quotations for all securities

Bonds

Bid

Oaro Cent 1st g gu 4s 1949—J&J f
20
Oaro Clinch & Ohio 6s *62. J&D 15
103

Carthage & Adirondack—
1st mtge guar g 4s 1981—J&P
Catawissa RR g 4s 1948
A&O
Central Arkansas & Eastern—

Bonds

106

00 &

/

Ref & gen 53* s 1959 ser B.A&O
/
Ref & gen 5s 1959 ser C—A&O /

Ref g 4s 1934 opt to 1911
Certificates of deposit

45

100

--.

—

6

6%
1%
1%

2

Mem Div 1st 4s 1951

2

3.00

T1940-1952—..J&jJ

4.50

1951---J&D

4|*

J&J

Mobile Div g 5s 1946

Central of New Jersey—
Gen M (now 1st) g 5s 1987

Inc mtge 5s Dec 1 1960
Chicago Union Station—

7

39"

-J&J

11

3.00

2.00%

59

65
60

36

-

1944

40

.

M&S

35

102%

55

notes, 1945

104%

26

32

105

108
119

96"

94

103%

1st consol gtd 4s 1942
M&N
Oinn & Muskingum Valley—

Eg trust 23*8 1941-1952—A&O

88

88%
88%

49

54

88.%

7

1st

35

-

-

-

100%
101%

J&J

104

F&A

4s 1940

-

-

«

-

41

8*

50

75

1.50%
1.50%
1.50%

2.00

108

111%
100
102 %

23*

Chicago & Alton RR—
Refunding g 3s 1949
A&O f
Chicago Burlington & Quincy—
Gen M 4s 1958
M&S
1st & ref 43ij8 ser B 1977—F&A
1st & ref g 5s 1971 ser A
F&A
Illinois Div 3348 '49 op *29-J&J
4s July 1 1949.—
J&J
Eq tr 23*8 1940-1947
A&O
Chicago & Eastern 111 (new co)—
(Jen M 5s May 1951
M&N
Certificates of deposit
4

118

^

i 1997

9%

73

79

90

92

95

953*
1.25%

1.80

103*
10

93

213*

53

f
/
/
/
/

11%
11
10
3%
4

b

3.50

Chicago Lake Shore & Eastern—
1st M 43*s 1969 opt 1919.J&D *
Chic Memp & Gulf 5s 1940--J&J
f
Chic Milw & Gary 1st 5s '48.A&O
/

/
/
/
/
/
b

52-M&8

52

2.50

Concord & Claremont 5s *44.J&J

78

67%
62

M&S

1943

58"
883*

50

40

20"
3

4%
1%

"5"

18

16%
17%
17
17

b

3.75
4.75

b

4.75

4V4

1%

18%
18

19%
29%
28%
2.25%
4. 0%
4.00%
4.00%

b

5.00

f
f
f
f
f
f
f
f
f
f
f

10

12

11%

12

11

19

Equip trust 4s Apr 1 1941-49— b
Delaware River Terminal—
See Reading Co.
Denver & Rio Grande—
1st con g 4s 1936
——J&J
1st con g 43*s 1936
—J&J
Denver & Rio Grande Western—
Gen income 5s Aug '55—F&A
Assented subject to plan
Ref & impt 5s 1978 ser B—A&O
Eq tr 43*s 1941-'42 (yr)—M&N
Equipment trust 5s
Denver & Salt Lake Ry—
Inc mtge 6s Jan 1 I960-An Apr /
1st 4s 1950
—J&J
Des Moines & Fort Dodge—
Ctfs of

12%

13

10

15

8%
12%
6%
6%
6%
1%

14%
16

7%
7%
6%
1%

25
31

39%
30

31

6%
11

1st gold guar 4s

1953

J&J
'49—J&J

3.25

b

3.25

b

3.25

b

3.25

b

3.00

2.25%
2.25%
2.25%
2.25%
2.00%

29

103%
102
an

Cen tral

96

94

Debenture ctfs A Feb—
Debenture ctfs B Feb...
Guantanamo & Western—
1st M 6s 1958 series A
Gulf Mobile & Northern—

88

90

97

101

104

107

76

6.00

105%

A&O

1st 5s 1950 series O
A&O
Secured notes 3s 1941-1945. J&J

Equip tr 2%s 1940-1946—J&D
Gulf & Ship Island RR—
1st ref & term g 5s Feb '52.J&J
Stmpd (July 1 1933 cpn on).

5.00%

106

94

99

88

90%
781*
79%
96%
89%
71%
1.25%

77%
77%
96

88%
70

1.85

98

97

80
101 %

61%
4%
J&J

86%

84%

64

6%

50%
80

75

75

92"
2.25

95

.65%

85

85%

Gulf Terminal of Mobile—
66
62
1st mtge g 4s 1957 gu.. —J&J
Harlem R & Portch—See N Y N H & Ha rtford
Harris Ports Mt Joy & Lane RR

2

Ext 4s 1943
J&J
Hoboken Ferry 5s 1946-...M&N

108%

5%

3.25

2.00%
2.00%

Hocking Valley 4%s 1999—J&J
Holidaysburg Bedford & Cumb—

115

3.00

-

1st M g 4s 1951
54

60

90

guar——-J&J

Holyoke & West 4%s 1951—A&O
Housa tonic con 5s 1937
M&N /

49

45

115%

97%

99%

15

38

41%

39

40

Hudson & Manhattan—

4.%
50
40

45"

—

34%

70

95%

1st gold 5s 1957 opt
F&A
Adj inc up to 6% Feb '57-A&0 f
1st M 43*8 1957 conv
F&A
Huntington & Broad Top Mt
RR & Coal extend 6s 1940 A&O
Extended 5s 1940
A&O

10

10%

48

51

%

Illinois Central—

1.75%

55

-J&J
1940—J&D

15%

J&J
J&J

1st gold 4s 1951
1st gold 33*s 1951

1st extended g 33*8 1951—A&O
1st g 3s sterling 1951
M&S

104

105%

t Called April 17 at 100.
Payable in Canadian funds.

45

23*

1st mortgage 3 3*s 1962—A&O
Duluth South Shore & Atlantic—
1st gold 5s 1937
Dutchess Co RR 4%s

40%

45

Greenbrier Cheat & Elk—
1st 5s 1944.
J&J
W Va Midland Ext 5« '54.J&J
Greenbr Ry 1st g gu 4s '40-M&N
Green Bay & Western—

Coll trust gold 4$
Ref g 4s 1955 opt

Duluth Missabe & Iron Range—
b

3

4l"

37

1%
13*
4%

2.40

Dext & Piscataquis 43* s

3%

2
11

99

J&J
J&v
Gen mtge 4s ser G 1946
J&J
Gen mtge 4s ser H1946
J&J
Gen mtge 3%8 ser 1 1967--J&J
Eq tr 2s 1941-1947
M&S

41

5%
53*

Eq tr 2HS 1941-1947
M&N
Detroit & Toledo Shore Line—■

1964

2%

1

M&N /

Great Northern—
1st & ref g 4%s '61 opt '41-J&J
Gen M 53*s 1952 ser B
J&J
Gen M 5s 1973 ser C
J&J

1023*

1

20%

80

19

3.00%

J&J

1st 5s Mar

12

10%

60

1*

3.75

dep for gtd 4s 1935-J&J

Des Plaines Val 43*s 1947._M&S
Det & Mack 1st lien 4s 1995. J&D
2nd Mort.gold4s 1995—.J&D /
Detroit Terminal & Tunnel—
1st guar 4 3*s 1961
..M&N
Detroit Toledo & Ironton—-

15

10

Grand Trunk Western—
1st g gu 4s $ July 1 1950—J&J

1st 53*s 1950 ser B

1943—_M&N

60

9

'/

Gen 43*s 1976 series D
Gen 43*s 1977 series E

4

102%

55

(Mountain and Pralrie)4s 1955
(Lake Superior) 4s 1955
1st 4s Feb 15 '42 Alb gu.-M&N
Gen 4s 1962 Can Govt gu.-J&J

„

173*

13

101

—

108

2

1%

J&J

Grand River Valley—-See Michlg
Grand Trunk Pacific—
1st M 3s 1962
J&J

1st M gu 4s
1st 5s 1951

1st & ref gold 4s

3%

2%

11

2nd ext 6s 1979
M&N
Gouvernour & Oswegatchie—
1st 5s 1942—.
J&D
Grand Rapids & Indiana—
1st 43*s 1941
J&J
1st 3%s 1941
J&J

Delaware & Hudson—

105"

2%
2

Eq tr 5s Dec 14 1940-'43 (yr)
Grays Pt Term g 5s 1947
J&D

24

11a
54

16

25

38
29

2.00%
109%

100%

Connecticut & Passumpslc Rivers
1st gold 4s 1943
A&O

77

13

108

Delaware Lackawanna & Western

Called June 1 at 110.
r

48

Mar 15 '61-M&S 15
1063*
M&S
110
103*
1043* Consol Rys (N H) deb 4s '54-J&J
Deb 4s 1955—
-J&J
10>*
Deb 4s 1955
A&O
60
Deb 4s 1956 guar
J&J
103*
Cuba Co extend 3s 1955-—-J&J
19
3
Cuban Nor Rys 1st 53*s, '42 J&D
15
22
Cuba RR 1st g 5s 1952
14
J&J
26%
73*s extended to 1946
J&D
4%
28%
6s extended to 1946—-—J&D
5
21
27
Imp & equip 5s 1960
2.25%
M&N
Danbury & Norw ref 4s 1955.J&J / 13
13
98
Dayton Union Ry 1st 4s '49-J&J
Del & Bound Br 3%s 1955--F&A
963*
2.25%

Chic Milw St Paul & Pac RR—

/
/

75

5%
5%
4.00%

73

Bkgref 6s 1951 —A&O

15

Connecting Ry (Phila)—

103%

106%

65"

J&J

1960

24

3.50

100

753*
65%
59%

Ga RR &

56

4%
4%
5.00

4s Jan 1 1947.
J&J
Ga Sou & Fla 1st g 5s 1945
J&J
Deb 5s 1952
..A&O
Goshen & Deckert'n 1st 5|*s 1978

108

102

21

—

inctax.M&N
GenM4%s'87 stpd inc taxM&N
GenM43*s'87 stpd inctaxM&N
15-year 63*s Mar 1936
M&S
1st & ref 5s May 2037
J&D
1st & ref 43<s May 2037—J&D
1st & ref 4 3*s May 2037 O J&D
Oonvg4lis 1949 ser A
M&N
Equipment trusts—
43*s series U 1941-43--M&N
43*8 series V 1940-44—-F&A
43*8 series W 1940-44--M&S
43*s series X 1941
F&A
23*s Dec 15 1940-1949

Equip tr 2%s ser A '41-

123* Colo & Southern 43*s 1980-M&N
123* Col & Pt Deposit 4s 1940-—F&A
Oolumb & Hock Val 4s 1948-A&O
17
Colum & Toledo 4s 1955
F&A
120
97

109

108

Coal Riv Ry 1st 4s gu 1945. J&D
Goeur d'Alene& Pend Oreille Ry—

Conn River gold 4s

Non-cum inc 5s 1955 (whs)
f
9
Chic Indianapolis & St Louis—
Short Line 1st 4s 1953
A&O
58
Chic June RR 1st 4s 1945—M&S
102

Stmpd non-pay Fed inc tax—

C—A&O

IF8

Monon Coal—

Gen M 5s *87 stpd

f 53*s 1972 series A..A&O
s f 5s 1973 series B—A&O

lstsf 43*s 1977 series
Clinchfield RR—

48

J&J
2038 J&J
Equip tr 4%s "A" 1945--A&0
Chicago & Illinois Midland Ry -

60-yr 5s 1975 series A
F&A
Oonv adj 5s Jan 2000
A&O
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989
J&J
Gen g 33*s B May 1 1989-J&J
Gen 43*8 May *89 series O.J&J
Gen 43*s May '89 ser E
J&J
Gen M 4%s May '89 Ser F.J&J
Equip trust 3lis 1941-*53A&O
Eq 43*s '40-'43 E & P (yr)-J&J
Eq 43*8 "40-'41 G & H (yr) J&J
Eq tr 5s 1940 ser B (yr)-_F&A
Chicago & North Western—
Gen M 3 3*s g 1987
M&N
Gen M gold 4s 1987
M&N

s

1st M

5s

117

1st mtge 4s w i 1988
Gen mtge inc 4 Ms w i

1st mtge s i 43*s ser A '56 M&S
Chicago Indiana & Southern Ry—
Con mtge g 4s 1956 guar—J&J
Chicago Indianap & Louisville—
Ref M g 6s 1947 series A—J&J
Ref M g 5s 1947 series B—J&J
Ref M g 4s 1947 series O—J&J
1st & gen 5s 1966 series A.M&N
1 st & gen 68 May "66 ser B.J&J
Equip tr ser E 1940-1944-A&O

86

68

105%
107%
105%

50

48

\f
Georgia Fla & Ala 1st 6s '52.F&A f
Georgia Midland 1st g 3s '46.A&0

Cleveland Union Terminals—

1st

843*

12

Chicago & Eastern Illinois—
1st consol 6s gold 1934----A&O
Chicago & Erie 5s 1st g '82—M&N
Chic Great West 1st 4s 1959-M&S

123*

gtd 1942
J&J
gtd 1942—A&O
gtd 1942—A&O
Ser C 33*sgen gtd 1948—M&N
Ser D 33*s gen gtd 1950—F&A
Gen & ref 43*8 1977 ser A.F&A
Gen & ref 4 3*s 1981 serB__J&J
Cleve Short Line4%s 1961--A&0
Cleveland Terminal & Valley—
1st 4s gold guar 1995
M&N

-

Georgia Carolina & Nor—
Ext at 6% to
July 1 1934
Georgia & Florida RR—
1st M 6s 1946 series A
Certificates of deposit

99%

Cleveland & Pittsburgh—
Ser A 43*s gen
Ser B 43*s gen
Ser B 33*s gen

30

Genesee River 6s 1957
J&J
Ga & Ala 5s Oct 1945
J&J /
Ga & Ala Term 1st g 5s 1948.J&D
f

100

2.00

108

2.25%
61%

100

M&S
4s 1945.J&J

Fort St Un Dep Det 4 3*s '41

38

St L Div 1st col tr g 4s *90 M&N
Spr & Col Div 4s 1st g '40-M&S

100

3.25

Certificates of deposit—
Fort Dodge Des Moines & Sou—
1st 5s 1938
....J&D

100%

75

White W V Div 1st 4s *40.-J&J

1941-1947-----M&S

90

65

1.50

Craig Valley 1st 5s g 1940-J&J
Paint Creek Br 4s 1945—F&A
Potts Creek 4s 1946
J&J
R & A Div 1st con g 4s '89. J&J
2d con g 48 1989
---J&J
Warm Spr Val 1st 5s g '41-M&S
Chesterf & Lancaster 5s '55--F&A

106%
108%

J&D

1.00

2.00

19

24%
9%
9%
2.00%

100

gold 4s 1950
J&J /
1st cons ref 4 3*s *52 opt. -M&N
Proof of claim filed
f
Amended 1st con 43*s 1982
Proof of claim filed

1.50%

Ref & imp 43*sser E 1977. J&J
C W & M Div 1st 4s g *91--J&J

1.50

1945-1949

2.25

58

J&D

3s 1940-1946

3.00

45%

Florida West Sh 5s 1934
J&J
Fonda Johnstown & Gloversv-

92

52

2.25

_

*

Gen ref

J&D

A&O
M&N

.

100

Clev Cine Chic & St Louis—

103%
103%

.

98%

65"

g

A&O f

cons

Florida Southern gu

103

Cleveland Akron & Columbus—
cons guar

9%
9%

Eq 4%s 1941 H (s-a)

Cl'field & Mah 1st gtd 5s *43 -J&J
1st

15%

13

5s gold 1943
J&J
Florida East Coast 43*s '59-J&D
1st & ref 5s 1974
M&S
Certificates of deposit.

11%

90

105%

General 4s gold 1993
Gen M 5s ser B 1993

20

14

M&N f

Eq 4|*s 1941 LL (s-a)—M&S
Eq tr 4 3*s 1940-*43 (s-a) .M&S
Erie & Jersey s f 6s 1955
J&J
Erie & Pgh g31*s B 1940
J&J
58
33*s series O 1940
J&J

97

59

95%
45%

H

14%

-

1st M 3 3*s ser D 1971
M&N
1st mtge 3|*s ser E 1969--F&A

100

102

44

A&O

Ref & imp M 5s 1967
Ref & impt M 5s 1975

105%

Cincinnati Union Terminal Co—

94%
94%
105%

51

...

J&J

Florida Central & Peninsula

f

Cin Northern RR 1st 4s 1951 .J&J
94

A&O
.....

104

48

Gen lien gold 4s, 1996
J&J
Conv gold 4s 1953 ser A..A&0
Series B 1953
A&O

58
104

99%
1.25%

97

1st & ref 5s 1965

102

1st mtge 3 3*s ser F 1963..J&J
Chicago & Western Indiana—
Consol gold guar 4s 1952 __J&J
1st & ref M 4lis D 1962—M&S
Choc & Memph 5s 1949
J&J /

1st 4s 1948
—F&A
Cinn New Orl & Tex Pacific Ry

101

J&J

2%% notes. 1946
Equipment trusts—
4148 series W 1940
434s 1941-1945

5.00%

118

J&J

notes, 1944

6.00

102

Series D 1953

Cin Ind & West 1st 5s 1965.M&N

98

—

5s stamped 1965
Erie prior lien g 4s 1996

50

103

98%
1.80

1st 6s 1910 ext at 4% 1950.J&J

J&J

Consol gold 5s 1952
M&N
Cincinnati Hamilton & Dayton
General 5s gold 1942
J&D

101

r

Income 5s 2862
A&O
El Paso & R I 1st gu 5s 1951.J&J
El Paso & Southwestern RR—

52

3.00%

Cincinnati Lebanon & Northern—

Chattanooga Sta 4s 1957 gu—J&J
Chesapeake & Ohio—
General 4%s gold 1992—-M&S
Ref & imtp 3Hs D 1996- - M&N
Ref & .mpt 3 %s ser E 1996 F&A
Ref & impt 334s ser F 1963 J&D
1%% notes, 1940
J&J
234% notes, 1941
—J&J
234 % notes, 1942
J&J
2%% notes. 1943
J&J




73
67

92%

105

3%s ser A 1970—M&S
Eq tr 23*s Dec 1 1940-49
Elmira & WllUamsport—

Choctaw Oklahoma & Gulf—

80

Eq tr 5s Dec 14 19,40-1944 (yr). b
Charleston & Western Carolina—
1st 5s 1946.——
A&O
Chatt Rome & Sou 1st 5s *47 J&J /

Nominal,

4.00

A&O

.

50

1st ref 6s 1910-1976
Central Vermont Ry—

n

4s

35

Central RR of South Carolina—

sale,

45

1st mtge 3 lis ser E 1963—J&J
Guaranteed 33*s 1951
M&S

14

123*
10%

Guar g 5s I960.-F&A
European loan 4s 46--—M&S

Correction:

Guar

1st M 4s series D 1963

Central RR & Banking of Ga—■
Coll tr 5s ext'd to 1942—M&N

*

2.25%

84

^

k Last

J&D

45

.

-J&J

Gen M 4s 1987

w

57

Chic Terre Haute & Southeast—
1st & ref g 5s Dec 1 *60 opt J&D

4

Eq tr 4%s 1940-'41 (yr)-F&A
Central Pacific—
.
1st ref 4s g guar 1949--—F&A
1st g guar 4s Oct 11954—A&O

5s income

68

"5""

23*
37

A&O

1st mtge

A&O
Eq tr 4|*s 1940-1944
Chicago South Sh & So BendSink fund 3s ser B 1963—J&J

3

92

91%

Edmonton Dun vegan & British
Columbia Ry 43<s 1944—A&O
Elgin Joliet & Eastern—

1%

1

3.00

Ask

100

M&N

Eastern Ry of Minnesota—
Nor Div 1st g 4s 1948

110

2.00%
3.50%
8%

3

Oconee Div 1st 5s 1945--— J&D
Cent New Eng 1st gu 4sl961 J&J

2s

5

M&N

Chicago St Louis & N O—
Con g 5s June 15 '51— J&D 15
Con g 33*s June 15 *51-J&D 15

63

5%

4

Equip tr 2%s 1940-1950--F&A

M&N

Macon & Nor g 5s 1946—J&J
Mid Ga & Atl 1st 5s 1947—J&J

2%s

4 3*s 1960

4

4%

East Tenn Va & Georgia—
Consol 1st g 5s 1956

6%

3%

Chic St Paul Minn & Omaha-

Equipment trusts—
43*s series Q1940

>

conv

17

4

Bid

1st 4s

1958
M&S
East Tenn & Western N O—
1st stamped 5s 1965
M&N

11

10%
8%

A&O

Trustee ctfs 3%s 1947....

22

Bonds

Ask

East Penn

Sec 43*8 1952 ser A
M&S
Sec 43* ser A certifofdep.

3

30-yr

-

,

Bid

Certificates of deposit

ist 4s 1948
J&D "-s
Central of Georgia—
1st M g 5s Nov 1 1945—--F&A /

4s series

BONDS

"and interest" except where marked "f" and income end defaulted bonds
near as possible for the closing day of the month preceding the date of issue

as

Chicago Rock Island & Pac Ry—
General gold 4s 1988
J&J

45

1

Chatt Div gold 4s

are

Ask

33%

1st 5s 1940
--J&J /
Central Branch Union Pacific¬

Cons gold 5s 1945

are

107

90

83
83
40

A&O

33%

45%

1918—M&N

34%
33%

37

1952

Pur liens 1st g 33*s

1952--J&J

40%

183*

98

t Correction: Called July 1 at 105.

b Basis.

This price includes accrued

interest

NOTICE—All bond prices ar«

Central—(Concluded)
M&N

32 %
42

M&N
40-year 4%s Aug 1 1960-F&A
Carlo Bridge 4s g 1950--J&D
Litch Dlv 1st g 38 1951
J&J
Louisv Dlv 3%s g 1953—J&J

Louisville & Nashville—
1st & ref 5s 2003 ser B
A&O
1st & ref 4%s 2003 ser C..A&0
1st & ref 4s ser D 2003—A&O
1st & ref 3 % s ser E 2003.- A&O

35

30%

Collateral trust 4s 1953
Ref mtge 5s 1955

32

45

76

58"

65

55

60

Omaha Dlv 1st 3s g 1951—F&A
8t Louis Dlv g 3s 1951
J&J
Gold 3%s 1951
J&J
Sp'field Div ext 3%s 1951 J&J
Western lines g 4s 1951—F&A

48

47"
55

50
1.80

2.50
2.80

2.00
1

1.50
2.50
2.50
2.50
2.50
2.50

1.75%
1.75%
1.75%
1.75%
1.75%

35%

36%

32

35

A&O

1st ext 4s 1940

99%

Indiana Harbor Belt RR—

Indiana Illinois & Iowa—

Iowa Central

106

_

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%s ser A 1940
J&D
4%s series B 1941-1942. A&O
Internal Rys (Central America)—
Purch money 5s 1972——J&J

1st M 5s 1972 opt
1st 1 & ref 6 Kb 1947
Debenture 4s 1961

104

J&J
J&J

Genl mtge 4s 1957
Gen mtge 4%s 1957

/

11%

8%

fk
f
f
b
b

9%
8%
1
May 23
8
6%

8

6%
2.75

2.00%
2.25%

3.25

—M&N
F&A

58

3
1

5

1967—J&J

102 K

Frank & Cleartield—
43 %

40

Joplin Union Depot Co—
1st fie June 1 1944

J&D
104%
1st 3s 1941-1955
-A&O 50.40 to
105
Kanawha Br & Ter 5s 1948-A&0
83
Kana & Mich 1st 4s 1990--A&O
Kan City Ft Scott & Memphis—
25
Ref g 4s 1936 guar
A&O

2.85%
87%
26%
36%

51

56

55

55%
1.00%
1.75%

1.50
2.25

107%

106%

J&J
J&J

94

96

Kentucky Cent 4s g 1987
J&J
Kentucky & Indiana Term RR—
tlst gold 4%s 1961
J&J
$4%s stamped 1961
J&J
4%s plain 1961
J&J
1st mtge 4%s unguar 1961-J&J
Lake Erie & Western RR—

102

104

20

50

65

75

1st mtge 5s ext at 3% to *47
2d 5s 1941
Lake Shore & Mich South—

85%

75

104%

84"

80
b

2.25

1.75%
36

30
>

J&D

60

J&D

48

J&D
M&N

40

I

assented 1941

9

9
9
9%
11%
9%

53"

ll%
9%
11

12

J&D /
/

Minneapolis Northfield &
Southern Ry 1st 6s *41 _-M&S

11

16%

40

45

40

45

114

40

30

47

Lex & East'n 1st gu 5s 1965--A&O
Lincoln Park & Charlotte—
5s 1939--J&J
Lltchf & Madis 1st 5s 1959.M&N

112

Little Miami guar 4s 1962--M&N
Little Rock & Hot Spr West Ry—

47%
33%

102

1st gold 4s 1939 guar
J& J /
Long Dock cons 3%s 1950--A&O
Long Island—
Unified g 4s, 1949M&S
Refunding mtge 4s 1949..M&S

-—M&S
4%s 1941-45 (yr)_F&A

Louisiana & Ark 5s A 1969—J&J

Equip trust 3 %s to 1946--A&O
Louisville Henderson & St Louis—
1st mtge gold 5s 1946
J&J

115

99%

10

101%

12

63%

86%
86%
86%
3.00
74
2.75

Certificates of deposit
/
1st & ref 5s 1981 ser I
F&A /
Certificates of deposit
/
Conv g 5 %g 1949 ser A
M&N /
Secured 5%s 1940-1956-- J&D/

b
b
/
M&N /

5s small 1945
Gen M g 4s 1945—
4s small 1945
Mobile & Ohio—

-

%
50

60

88

88
87 %
87

2.00%

Certificates of deposit.

-—M&S
Oonsol gold 3%s 2002-— M&S
1st guar g 4s 1991

106

109.

108%

110

18%

—

A&O

25%
27%
17%

1st 5s 1956 series O
Certificates of deposit

-

-

-

WA

26

F&A

40
11

Equip trust 4%s
Newport & Cincinnati Bridge—
1st M g 4%s 1945 guar
J&J
Newport & Richfor Is 5s 1941

20"

1st M 4%s 1956 series D..F&A
Certificates of deposit

19%
59%

40

b

35

82

—

16

Ref & impt 4%s 2013 A
Ref & impt 5s 2013 O

56

23

8%

43%
40

A&O

45%
74%

A&O
10-year 3%s sec s f 1940—A&O
3 %s conv secured 1952
M&N

14%
73

44

New York Central & Hud RivRef g 3%s July 1 1997—J&J

69%

4

5

Deb

1942 tax-exempt--J&J

83

1%

2

L S coll tr g 3%s 1998
F&A
M C coll tr g 3%s 1998—F&A

54

2

%

1%

55

65

55

65

4
5

5%
25

2%
50

1%

55

3.25

63

2.25%

10%
8%
7%
3%

10%
15%
10%

3.75

2.75%

20%

21%

13%
12%
13%
12%
13%
12%
13%
12%
13%
12%

13%

4

48

Spuyten Duyvil & Pt Morris—
3%s 1959
J&D
N Y Cent equip trusts—
4 %s 1941-1945
M&N
2 %s Mar 15 1941-1952
New York Chicago & St Louis—•
1st 3%s extend 1947
A&O
Ref 5%s 1974 ser A
A&O
Ref 4%s 1978 ser C
M&S
10-yr 6s coll tr 4s 1940—F&A
3-yr 6s ext'd notes 1941
A&O
Equipment trusts—
2%s 1941-1947
M&S
3s 1940-1951..
J&J
4s 1940-1949
M&S
New York Connecting RR
1st M 4%s iyfi3 series A
F&A
1st guar 5s 1953 series B
F&A
New York & Erie RR—

95
2.25
2.50

82%
49%
43

72
68
2.50
3.00

3.50
101
104

M&N

92

..M&S

85

3d mtge 4%s 1938
M&S
New York & Greenwood Lake—

77

1st 4s ext g 1947
2d ext 5s 1939

75

Guar g 5s 1946
M&N
N Y & Har 1st g 3 %s 2000- -M&N
N Y & Hob Fy 5s May 1946—J&D

8%
97
33

New York Lack & Western—

1

13%
13%

1st & ref 4s ser A 1973—.M&N
1st & ref 4 %s 1973 ser B—M&N
New York & Long Branch—

44

General gold 4s 1941
M&S
General 1st 5s 1941
M&S
NY & NE Bos Ter 4s 1939—A&O /
N Y New Haven & Hartford—
Deb 6s Jan 15 '48 conv
J&J15 /

25

13%

"I %

Deb

Deb

3.25

1H

4s

1947

non-conv.-.M&S /

M&S /

3%s March 1947

2.00%
2.25%

b

65

fr

10%
10%

2.75

...M&S b

3.00

11

13

3.25

k25
30

New York Ontario & Western—
24

20

22%

25%

30

38%
2.50%
2.25%

Ref 1st g 48 June 1992
M&S /
Gen M g 4s 1955 red
J&D /
New York Pennsylvania & Ohio—
Prior lien ext 4 %s.

1950..M&S /

3%
1%

90

New York Phila & Norfolk—

Stock trust ctfiB 4s 1948
N Y Prov & Bos 4s 1942

J&D
A&O /

13

20

....

23%

N Y & Putnam 1st 4s g

33%

53

35

38

N Y Short Line 4s 1957
F&A
N Y & Stamford 4s 1958--M&N /
New York Susq & Western—

/ Price includes accrued interest.

11

—F&A b

iv & Pt Chea 4s *54 M&N
N Y & N J Ferry 5s 1946
J&J

20

3.25

3
11

10%

4%s9-15-40to3-15-45M&S15 b
4%s 1940-1946
J&J b

3.50

13%

20%

3s 1940-1951

23

60

A&O /
J&D /

15-year secured 6s 1940
1st & ref 4%s 1967
Equipment trusts—
2%s 1941-50

2

93

72

Deb 3%s 1954 non-conv—A&O /
Deb 3%s 1950 conv—..J&J /

1%
3.00

50

Deb 4s May 1 1957
M&N /
Deb 48 July 1 '55 non-conv J&J /
Deb 48 1956 non-conv—_M&N /

13%

57

{

3.25

106%

New York Central RR—
Cons mtge 4s 1998 ser A--F&A

30

Monongahela Ry Co—
102
1st mtge 4s ser A I960-—M&N
110
Monongahela Sou 5s 1955-—A&O
115
Gen 6s 1955
A&O
Montana Wyoming & Southern—
1st mtge gold 5s 1939
M&S / 40
85
Montauk Ext 1st 5s 1945
J&J
Montgomery & Erie 1st 5s 1956--i/ 45
Morris & Essex 3%s 2000
35%
J&D
28
Constr'n 5s 1955 ser A...M&N
28
Constr'n 4%s 1955 ser B.M&N

ft Basis.

53

Certificates of deposit
1954 series A—A&O
Certificates of deposit

60

—M&S /
M&S /
Certificates of deposit
/
Secured 5s 1938
M&S /
Certificates of deposit
Eqtr 4s 1941-1943
M&S
Eq 4%s 1941-1942 (yr)—J&J15
Montgom Div g 5s 1947
F&A
Certificates of deposit
Mohawk & Malone—

97

43%

74

---

-

J&J /

New Orleans Texas & Mexico—
Non-cum inc 5s '35 ser A—A&O
1st 5s 1954 series B

-

3%
99

—J&J

50-year 1st 5s 1983

1st refunding 5s

Monon Coal—See Chic Ind & Lou

77

2.00%

I Secured interest at exchange rate of 4.8665.

—

91

19

3

General 5s Jan 1 1938
New Lon Nor 1st 4s 1940
J&J
New Orleans Great Northern

60

---J&J
-J&J
J&J
J&J

Gen gold 4s, 1938
Ref & impt 4 %s 1977

50

Jeffersonville Bridge

1945--M&S

Prior lien 4%s 1978 ser D.J&J
Adj M 5s Jan 1967 ser A..A&O /
Eq tr 2 %s 1941-1952
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 & ref 5s 1978 ser G—M&N /
Certificates of deposit
/
1st & ref 5s 1980 ser H._.A&O /

Prior lien 5s. 1945

32%
32%

Extended at 5% 1940
M&N
Ref & impt 4%s 52 ser A—J&J
New Orl Term 1st 4s 1953--J&J

,

J&J
J&J

3d ext 4s July 11938
Mobile & Birmingham—

60

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&S

RR—

11%

off-.1951

Income deb 5s 2032
New Orl & Nor East 6s 1915

3%
1938
J&J /
3%
1938
J&J /
3%
1st cons 5s 1938 gu int
J&J /
22
2d M gold 4s guar 1949—J&J
1%
1st ref 6s 1946 series A
J&J
30
1st ref 5%s 1978 ser B
J&J
1
25-year 5%s 1949
M&S /
40
Minn Terminal 1st 3 %s '50.-J&J
102
Minn Transfer Ry 3%s 1956-J&O
Missouri Illinois Bridge and Belt
71%
RR cons 4s 1951
J&J

38

coupon

-

----

75

Eq tr 4 %s '41-'44 F fyr>„M&N
Equip tr 2%s 1940-1949--F&A
Mo Pac (old)—Gen 4s 1975-M&S

17

30%
30%
30




80

^

Lehigh & N Y 1st 4s 1945—M&8

Guaranteed gold 4s

31%

f

Missouri-Kansas-Texas

38

F&A

4s stamped 1949

receipt No 4 on
1951
Naugatuck 1st 4s 1954
M&N
New Eng cons 4s 1945 gu
J&J
Oonsol g 5s July 1 1945—J&J

2.00%

-

90

80%

/
gold 4%s 2003—M&N /
/
4Kb- assented 2003
Gen con gold 5s 2003
M&N /
58 assented 2003
/
Lehigh Valley Ry of New York
1st 4%s gold 1940
--J&J
4%s assented 1940
Lehigh Valley Term 5s 1941 A&O

Louisville &

5% to 1940
A&O
Midland Valley 5s 1943
A&O
Adj M Apr 1 '53 ser A
Sept
Adj 5a series B 1953 Sept—
Milwaukee & Northern—
1st ext 4%8 1939
J&D /
Con ext 4 %s 1939
J&D /
Mil Sparta & NW 1st 4s 1947M&S /
M11&State Line 1st 3 %s 1941 J&J /
Minneapolis & St Louis—
5a ctfs of deposit 1934
M&N /
1st refdg gold 4s 1949
M&S /
Ref & ext 58 Feb '62 ser A.Q-F /
ext at

Prior lien 4s 1962 ser B

—

—

75

T-lO

50

92%

72%

/

Assent cash warrant and scrip

3-.OO

35

Mo-Illinois RR 1st 5s 1959.

87

%

1st M 5%s

J&D /

1st 7s ext at 6% 1932
Certificates of deposit

—

April 1914

53

Prior lien 5s 1962 ser A

con

Equip tr

1951
75

63

60
71 %

scrip receipt No 5 on 1977

48

58

-

!

Prior lien 4%s assent cash
warr't & scrip ret No 4 on '26
1st con 4s(Apr 1914 coupon on)

88

£

48

RR 4% franc bonds
(Foreign series) 1960

4

/

scrip receipt No 4 on 1957Gtd gen s f 4s (Apr '14 coup op)
April 1914 coupon off 1977-

65

83

1951—M&S

83%

J&J

4s assented 2003

5s

62%"

1959
M&S
Lansing & Saginaw

J&J/
Equip trust 2 %s 1940-1949F&A b
Mo Kans & Okla 5s 1942—M&S

J&J

ref 3%s 1997
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 1940-45—M&N
Lehigh Valley Harbor Term Ry—

Gen

1st 4s
Jackson

1957
'
1957—

coupon on

coupon off 1957
Assent cash warrant and

National RR of Mexico—

75

1914 coupon on 1977— /
4sSept 1914 coupon off—1977
4s As8t(cash warr & coup) .1977 /
Michigan Central—
Ref & impt 4 %s 1979 ser C-J&J
1st gold 3%s 1952
M&N
Grand River Valley—

2.50

4%s—

July 1914
July 1914

76%

.

g

Con M 4Kb ann irred
Gen cons gold 4s 2003

76

103

.

1978

Con M 6s ann irred

1st g gu 5s Nov 1 1959—M&N
Meridian Term 4s '55 guar_M&N

60

Assent cash warrant and

1st cons gold 4s
1st cons gold 5a

65

1950--J&J
Eq tr 3s F Jan 1 1941-1943 .
3s 1944-1946
J&J

Lehigh Valley—
1st gold 4s 1948—

78%

Minn St P & Sault Ste Marie—

70

Ref & Impt 5s Apr 1

1st mtge 5s 1954

75
106

Certificates of deposit..

20%

——

Kan C Mem & Bir 4s 1934.-M&S
Income 5s Mar 1934
Sept 1
Kan City Sou 1st g 3s 1950- - A&O

Cong

103"

lien

Jan 1914 coupon on

101%

Midland of New Jersey—

3%

—

101

1st g 4s 1959 guar
J&D
Joliet & Nor Ind—See Mich Cent

M 5s

100

Prior

Midi

1%

103

1st & gen mtge 5s 1967
J&J
Ref & ext 5s ser A 1967—J&J

1st

100

1st 4s 1957
—J&J
Middlesex Val 1st 5s 1942--M&N

8 5

53

Jacksonville Terminal—

Kansas City Terminal Ry—
1st g 4s 1960 opt 1930
Kansas Oklahoma & Gulf—

2.00%

Joliet & Northern Indiana—

85

80

82%

----M&S /
&
1951
...A&O /
Jackson Lansing & Saginaw—
See Michigan Central

Certificates of deposit-

2.40

99%
100%
106%

1940-54—

1st 3%s Sept 1

78

70

Gulf liy 1st 5s

Ref & ext 6s ser B

b

1950
J&J
Coll trust 4s 1960
J&J
Atl K & Cin Div 4s 1955--M&N
Pad & Mem Dlv 1st 4s *46-F&A
St Louis Div 2d 3s 1980--M&S
Mob & Mont 4%8 1945--M&S
Southern Ry joint Monon
collateral 4s, 1952
J&J
L & N Term 1st g 4s '52 gu J&D
Macon Dublin & Savannah—
1st 5s 1947
J&J
Macon Terminal 5s 1965
J&J
Maine Central—
1st mtge & coll 4s ser A '45 J&D
Conv gen 4%s ser A I960-J&D
Secured 6s 1959 1st ser_-J&J
6s 2nd series 1959
J&J
b
Equiptment trust 5s to 1944—
Manila RR Sou Lines—
1st 4s extend 1959
M&N
Manitowoc Green Bay & Western
1st gtd 3%s 1941
.J&J /
Maryland & Fa 1st g 4s *51-M&S
1st cons A 6s 1963
A&O
M'shfleld & S'east—See Wis Cent
Memphis Union Station Co—

Nashville Chattanooga & St
1st M 4s 1978 ser A
F&A
Eq tr 2%s 1941-1952
M&S
National Rys of Mexico-

83

4s Sept

1st & ref g 4s 1951
Jacksonville Gainesville

Jamestown

85

Mexican International—

103

101

J&D
1938—J&D /

5s ctfs

60

52

96
79

Coll trust 3 %s

70

Equipment trusts—
2%s ser T 1941-1949—-M&S
3s ser R, 1940-1952
M&S
4%s ser L. 1940
—A&O
4%s ser M, 1941
.M&N
4%s ser N, 1940-1941—A&O
4%s ser O, 1940-1942—J&J
4%s ser P, 1944
A&O
4s ser Q, 1940-1944
F&A
111 Cent RR Co & Chic St L &
N O RR jt 5s, A, 1963—J&D
4%s series C, 1963
J&D
Indiana Bloomlngton & Western—

93
84

Bid

Bonds

Ask

74"

Eq tr 2Kb

35
41

Bid

Bonds

Ask

Bid

Bonds

Income and defaulted bond*
possible for the closing day of the month preceding the date of issue

"and interest" except whara marked T and

Quotations for all securities are as near as

Illinois

69

RAILROAD BONDS

June, 1940]

1937

2d mtge4%s 1937
Gen mtge. 5s g 1940

104

1993. A&O

J&J/
F&A/
F&A /
.M&N /

94

75%
33 %
99

38

7%
5%
3%
50%

Term 1st g 5a 1943
N Y Westchester & Boston Ry—
1st M g 4%s 1946 guar—J&J /
3%
Norfolk & Car 2nd 5s 1940—J&J
104
Norfolk Southern—

1st & ref g 5s '61 opt '15—F&A /
Certificates of deposit-/

29%
28%

9%
8%

Norf & South 1st 5s 1941 .M&N /

38

55%

1st gen g 58 1954 opt
J&J
Norfolk Term 1st sru 4s '61-M&N

JfcLastsale.

nNominal.

r

/

32
105

Payable in Canadian funds.

70

RAILROAD

BONDS

bond prlcoa are Hand Interest" except where marked '*f" end Income anc: defaulted bonds
Quotations for all securities are as near as possible for the closing day oi (be month preceding cue date of Issue

NOTICE—All

Bonds

Bid

Norf Term & Transp 5s '48-F&A
Norfork & Western Ry—

1st con 4s 1996
A&O
Norrist'n & Maine 1st 4s '62 M&S
Nor Cent 5s 1974 ser A....M&S
Gen & ref g 434« ser A '74.M&S
Northern Ohio Ry—

119H

Bonds

115

Ask

_

105"

102

1st mtge g 5s (stamped cancella¬
tion of guarantee 1945—A&O /
Certificates of deposit
/

64

45

Ref & imp 5s 2047 ser

Eq tr 4s 1910-1949
Eq tr 294a 1941-1947
Eq tr 234s 1910-1946
Nor RR of N J

gen

4

North

D.—J&J
-J&J

M&S
J&J

49

6134

3334
3934
4834
4134
4134

35

%s 2000-J&J /

Pennsylvania RR—
Gen g3 3-10s 1953.. ----J&1?
N'western Term Co 5s 1948-F&A
N'western Term RR 5s Apr 1977.
Norwich & Worcester 4 34» '47M&S
Ogdensburg & Lake Champlain—
1st guar g 4s 1948
.J&J
Ohio Connecting 4s 1943—M&S
Ohio & Little Kanawha 5s '50 M&S
Old Colony RR 4s 1938—-J&J
1st M 534a 1944
F&A
1st M 5s 1945 series B
J&D
„

-

_

—

25"

1

91

108l4t
50

3

4 34

3

434
434
434

3

3

10434

105

Richmond Term 1st 5s 1952.J&J

Ry 1st 7s '42 ser A M&S15
Pennsylvania Company—
28-year secured 4s 1963—-F&A
Gu tr ctfs g 48 1952
M&N
Gu tr ctfs g 334a 1941
F&A
Gu tr ctfs g 334a 1942
J&D
Gu tr ctfs g3H> 1944
J&D
Pa & N Y Canal con 5s 1939 A&O
Cons 1st extend 5s 1949 A&O

10434

5i§~:

23

6734

—

2d gold 6s 1996
St Louis Iron Mt & Sou—

62
50

55
23

58

11154
70

59

90

4s series CC 1911-1943 .M&N b

3.25

91

4J4sseriesDD 1941-45.A&O b

3.25

2.25%
2.25%

80

8134

81 H

83

1st g 4s 1989.

7734

78 34

95 to

1.00%

2d g inc 4s Nov 1989
1st term & unif 5s 1952

11234

113

117

11734
9634

95 H

10134

St Louis

Gen & ref 5s

1.00%
2.00%
1 50%
1.50%
1.75%

2.10

.

3 34

17
8 %

834
7 34
934

434

1st 4s £ 1940
J&J
Union Depot—
& re'5c 1972
—J&J

50

8t

58

4734

2.40

48 34
1.75%
1.80%

Salt Lake & Ogden 5s 1934
San Antonio & Aransas Pass—
1st guar g 4s 1943
J&J

2.30

1.75%

2.25

Joaquin Val—
58 Oct 1 1940
A&O

1st g

99"

San Fran Term 1st 4s 1950--A&O
Santa Fe Prescott & Phoenix—
1st g 5s 1942

M&S
Schuylkill & Leh 1st 4* '48.M&N

10934
100

115

10534

12

57 34

2l"
1234

3.00

2.00%
78

2

"634
6

434
98

9834

J&D

86

Pitts Bessemer & Lake Erie—
Cons gold 5s 1947
J&J
Pitts Cin Chic & St Louis—

115

90

M&N

10134
10634
10834
11034

F&A

6s 1945

J&D

ser

A.-.M&S

deposit—

5% secured notes 1931
F&A
Receiver ctfs 3-3 34s '45—F&A

Atlanta-Birmingham Div—
1st g 48 May 1 1933
M&S /
Seaboard-All Florida Ry—

10434

108134

6s

ser

6s

10734

112

ser

17"
58

M&N

103
105

F&A

109

115 34

4 348 series J 1964
M&N
Gen M 5s 1970 ser A—__J&D

109

63 34

107
80

65"
109
86

A ctfs of deposit
B ctfs of deposit

6 34
1

8 34

13*4
234

m

5
4

3 34

3

53

6

434
55

15

234
234

15

90

96

55

65

38

41

40

45

60

65

ref 4s '55. .J&J
1950
J&J

South Bound RR 1st 5s 1941 A&O /
South & North Alabama—

103
93

Pitts Shawmut & Northern—

Gen

cons gu

g

101

35

Ref &

90

34
10

65

11234
10434

impt M 334s B '74-J&J

96

Terre Haute & Peor 5s 1942.M&S
Texarkana & Fort Smith—

107

1st M 534s 1950 guar

F&A
.J&J '26

7034
6234

Texas City Term 6s 1941
Texas &

Pacific

Ry—

J&D

105

Ann Mar
A&O

92

O.-A&O

54

B

ser

ser

55

J&D

D

53 %

Equipment trusts—
434s ser HH 1940
M&S
434s ser JJ 1911-1942..A&O
4 34s ser A 1941 1943
F&A
ser

1.50

2.00
2.00

M&N

B 1911-1943

2.00

4 34s ser

C 1940 1944
J&D
234sser D 1940-1952— .M&N
Tex Pac-Mo Pac Term RR—

2.15

2.40
'

1st M g 534s 1964
M&S
Toledo Canada Southern & Det—

1st 4s

75

J&J

1956—

78

5s 1963

Ref &

imp M 3 94 s ser A *60 J&D
Mary^i Div 1st 4s 1951F&A

A&O

82 34
55

Toledo Peoria & Western RR—

J&J

98

1st gold Is April 1 1950-. . A&O
Tol Term 1st 43*s "57 gu
M&N
Tol Walhoudlng Valley & Ohio—

106

1st mtge 4s ser B 1967-.
Toledo St Louis & Western—

55

1st g gu 4s 1942 ser C
M&S
Hamilton & Buffalo—

10534

1st gold 4s June 1 1946—J&D
Consul M 4 3j» 1966 ser A. F&A

65

48

Union Depot

(Columbus. Ohio)—
434s 1946
J&J

102

111
1st ry & land gr 4s « 1947--J&J
11034
1st & ref 4s June 2008
M&S *km
May 28
1st & ref 5s June 2 2008—M&S tftl082332 May 27

1971--M&N

35-year 334s debs

92 34

.A&O

9234
100 34
2.15

< I

<lebs

{

vear

1970

1980-

_

Union RR (Penn) 1st 5s '46.M&S
Deb 6s 1946
m&S

12

16

119

93

114

115

Union Terminal Co

(Dallas)
1st mtge 334® 196'
-F&A

100

United N J RR & Canal Co—

M&S
M&S

117

M&S
F&A

1979
General gold 4s 1944
1st 4s Sept 1 1948—
1st 434s Feb 1 1973
Gen 1st g 3 34s 1951
1st 434s Sept 1

112

10634
117

M&S

10834
106

M&N

106

Series B 1957

Vera Cruz & Pacific RR—

J&J /

1934

34

/

Vermont Vail 1st 4 34s 1940- A&O
Vicksburg Bridge Co—
1st s f 4-6s 1968
M&S
Vicksburg Shreveport & Pacific

'40--M&N
M&N
M&N

98
96

J&J

134
86

80

65

-

70

68

_

Pr lien 6s '15 ext 5%

Gen 5s May 1

1941

ref & impt 5s 1973
Va & Southwest 5s 2003

1st

cons

g

5s

1958.

99
85

80

..A&O

-

Virginian Ry 3 348 A 1966—M&S
Eq tr 4 34s 1940 (yr)
J&J

10034

83
55

50
104 34
1.50

105

101

5s July 1 1943--J&J

3

Term RR Assn (St Louis)—
1st consol gold 5s 1944
F&A
Gen ref s f g 4s '53 opt '10.J&J

July 1914 coupon off—J&J
Cash war & scrip ret No. 5 on

45

Pitts Shenango & Lake Erie—
1st gold 5s 1940
A&O

RR 5s 1952

1st mtg g 4348

F&A

Shawmut 5s 1959—J&D

-A&O

Tampa & Gulf Coast g 5s'53.A&0
Tampa & Northern RR—
5s (stamped 3s) 1936
J&J
Tampa Union Sta 5s 1940..M&N
Tampa Un Term 4-6 34s '53—J&J

Vandalia RR 4s 1955 ser A—F&A
15

Shrev Bdg & Ter 5s '55 gu—F&A
Sioux City & Pac 3 34s 1936—F&A /
Somerset Ry 1st &
1st M 4s July 2

15
85

Susquehanna Bloomsburg &

J&D
Eq tr 2J48ser E 1910-'52__J&J

119 34

15

101

35

Union Pacific—

101

67

115

100J4
10034

J&D
J&J /
A&O

Gen

lien 5s *48. A&O
Shamoldn Sunbury & Lewisb'g—
2d ext'd 5s 1945
J&J

.F&A

1989

con 5s 1952
Sullivan Co RR 68 1 944

Transylvania RR 1st 5s 1956 J&J
55

Seacoast RR prior

4s series H 1960

103

Toronto
92

Seaboard & Roanoke 5s 1931.J&J

4s series G 1957

92

11034

334
334

cons

1st 3s Dec 1

Suffolk & Car

St

60

8

Certificates of

15

2134

Stephenville Nor & Sou Texas—
1st M guar g 5s 1940 stmp. _J& J /
Sturgis Goshen & St Louis Ry—

Gen & ref 5s 1980

734

1st &

—

70

5s 1955.J&J

8

25

A&O
Stamped
A&O
Adj mtge 5s Oct 1 1949
F&A
Ref gold 48 1959 opt—...A&O
Certificates of deposit

5

434

g

Stark Elec RR 1st 7s 1952...J&D
Staten laid Ry 434s 1943
J&D

Ref mtge 3 34s ser A

1st gold 4s 1950

85

Spok Internat 1st

Gen & ref 5s 1979 ser

Seaboard Air Line Ry Co—

Phila Newton & M Y 3s 1942 A&O
94
Phila & Reading RR—See "Readi ng
Co.

62

-

4s
56

Scioto Val & N E 1st 4s 1989M&N

10834

103

60

>artanburg Union & Columbia—
1st 4s 1995
J&J

834

834
734

.

83

47

J&J

1st gold 5s 2000

San Fran & San

4534

J&J

2d 5s Dec 1 2000
Gen & ref 5s 1977

Paul
1st

Aiken Branch 4s 1998
1st Mem Div g 5s 1996

9 34

8 54

Salt Lake City Union Depot
and KR 1st 5s 1938
M&N

51

2.25

Toledo & Ohio Central—

Pacific ext

10734

1.50
2.00

434s series CO 1940-44—J&D

934
934

St Paul Mian & Manitoba-

96

Philippine Ry 1st 4s 1937--.J&J /
Certificates of deposit.
/
Piedmont & Northern—

Equipment trusts—
I
434s series K 1910-1945-J&J b

1968
..J&D
Mortgage 4b Dec 1 1996—J&D
St Paul East Gr Tr 4 34s '47.-J&J
St Paul & Kansas City 8hort Line
1st guar 4 34s 1941
F&A

Washington—

M 434s 1977 ser
G*d 4 34s series D 19«1
J&D
Phila & Chester Val 4s 1948.A&O

A 1990

ser

63

Texas & New Orl 5s 1943--—J&J

61

1534

1st consol g 4s

■

M&N
A&O
.T&A
C.. J&J

J&J /
J&J /

54 34

St Paul & Duluth—

59 34
58

50

I
M&N|/
J&Ji/

Southwestern—

46 34
59

1st extend 3s 1948
M&S /
Tenn Ala & Georgia 4s 1957

85

8934

112

84

Tavares & Gulf RR—

89

11134

ser

6% receivers' ctfs 1929

16"

2.25%

95
108

Phi la & Bait Cent 4s 1951—M&N

Pitts &

"8J4

3.25

98

.....

A&O

81

102

48

106 34
F&A
J&J /

M 434s 1977 ser C—.J&J

7 34

49 34

Equip trust 2 34s l910-'46 .J&J
Perkiomen RR ext 334s 1951.J&J

Gen

934

1933-M&N /
Certificates of deposit
.
St L Peo & N W 5s 1948
J&J /
St Louis-San Francisco Ry—
|
Prior lien 4s 1950 series A. J&J /
Certificates of deposit
/
Prior lien 5s 1950 series B.J&J /
Certificates of deposit
•/
Cons in 4 34s 1978 ser A
M&S /
Certificates of deposit stpd—i/
Equipment trusts—
434s ser es BB 1941
F&A b

96

ser

Gen M 5s 1975 ser B

25

634
4

A&O

Riv & Gulf Divs 4s

54

2.25

434s series I 1963

'/

104

53

5634

4sserie8 D 1945

J&

J&J /

St Jos & Grand Island 4s '47.J&J
St Lawr & Adlrond 6s 1996--J&J

63

1.50

3 34s series E 1949
4s series F 1953

1

115

2.10

Con g gu 434s ser A 1940-A&O
434s series B 1942
A&O
4 34s series G 1942
M&N

1941

1941

St Clair Term RR 5s 1950..M&S
St Johns & L Cham 5s 1944 M&S

2.50

394s 1966

4 34s

4

10234

b
b
b

6s 1974 series B

1

6

104"

b

Gen

con

1st consol g 5s 1994
J&J
Develop & gen M g 4s '56.A&0
Develop & gen 6s 1956
A&O
Develop & gen 634s 1956—A&O
Equipment trusts—
434s series AA 1940-41 -A&O

Berwick

75

10134
105%

—

Gen

20

St Clair Mad & St Louis Belt—
Alton Bridge 1st g 4s '51-.J&J

b

1st gold 4s 1943
Gen 4s April 1 1960

106

34
34

102

A-.J&J
B—J&J
1st 4Hs 1980 ser O
M&8
Equip tr 434s 1941-1945__M&N
Equip tr 2 94s 1941-1947.-M&N

Phi la Bait &

1023*

454

4348 stamped

5434

Railway—

4s series BB 1941-1943.M&S

634

100
103 34

Peoria Ry Ter 4s 1937 gu op.
Pere Marquette Ry—

1956
1956

J&J

Rutland

9934

Certificates of deposit
2d cons lnc 4s 1990
Apr 1
Peoria & Pekln Union Ry—

1st g 58 July
1st g 4s July

1st 4s 1939

1.50

1910. -J&J
Stamped (Fed tax) 1955.J&J

Southern

101

36"

30

M&S /
Ry—
1st M 4 34s 1957
J&J
Rutl Can 1st g gu 4s 1949
J&J f
4s stamped 1949
J&J f

14

18"

A--A&O

1st g 534a 1974 series A

65

1.75%

44

38

1st guar 434s 1934
Rock Island-Frisco Term

1940--A&O/

4s

63

10054

1st coll tr 4s 1949 opt
A&O
Rock Island Ark & Louisiana—

Penn Ohio & Detroit RR—

cons

90

J&J
--.J&J

Rio Gr Wesi

Oons mtge 4s 1939
Cons extend 4s 1949—A&O

East

52

105

90

Rich-Washington 4s 1943
J&D
Rio Gr June 1st gu 5s 1939—J&D

A&O
A&O
A&O

1st & ref 4 34s series B 1981
Pennsylvania RR—
Con M 4s gold 1943
M&N
Con M 4s gold 1948
M&N
4s stamped 1948
M&N
Con M 434s gold 1960----F&A
Gen g 434» 1965
J&D
Gen g 5s Dec 1 1968
J&D
Gen M 43ia 1981 ser D—A&O
Gen M 4 34s ser E 1984
J&J
Deb 434a 1970—A&O
Gen M 3 34a ser O 1970—A&O
Oonv deb 3 34s 1952
A&O
30-yr secured 4s 1941-1964.J&J
Equipment trusts—
4 34s series D 1941
M&N
4s series E 1911-1949
J&J
2 94s series G 1940-1950-J&D
294sseries H 1941-1952 M&N
2%s Oct 1 1940-1954..A&O

15

9834

Mecklenb'g 4s 1948.M&N

Rio Gr So 1st g 4s 1940
1st g 4s guar 1940

2.75

St Louis Div 1st g 4s 1951.J&J

11534

60

2.50

2.75

1st ref g 4s 1955 opt

114

71

1.50
2.00

2.50

Southern Pacific RR Co.—

11234
11334

Rich &

M&S

50-year 434s 1981
M&N
43*s 1969 with warr
M&N
10-yr secured 334s 1946
J&J
Equipment trusts—
434s series H 1940
-J&D
434s series J 1940-1942—J&J
434s series L 1940-1944-J&D
434s series M 1941-1945M&N
234s Aug 1 1940-1954
234 s series N 1910-1951 M&N
Pacific Fruit Express—
Eq 5s 1941 D (yr)
A&O b
Southern Pacific (Golden Gate
Ferries) 1st 53*s 1949
A&O /

74

11134

6% franc bonds (foreign series)
red to 1956
J&D
Paulista

334

50
70

Delaware River Terminal
1st 5s 1942
M&N
Rensselaer & Sara 6s 1941—M&N

_

Paterson Extension 6s 1950.J&D

Peor &

J&J'/

103

90"

108

62
1st extended 434s 1938.A&O
62
8t Louis City real est 5s '38 J&J /
102
Paducah & 111 1st 4Mb 1955.J&J
Paris-Orleans RR—

1st & ref 434# 1977 ser

1931

100

85

12
Raleigh & S'port Ry 5s '65--J&D /
99
Reading Belt 1st 4s 1950—M&S
Reading Company—
Jer Cent 4s 1951 opt'06.-A&O
50
Gen & ref 434s 1997 ser A-.J&J
6234
Gen & ref 4 3*8 1997 ser B.J&J
62
2.25
Eq 434s 1941-1815 (s-a)_.M&N
Philadelphia & Reading RR—
98 H
Imp M ext g 4s 1947--.A&O
Extended 4 34s Oct 1 1943
100
Term 5s g gu May 1 '41 Q&F
10134

'

3

5s 1946
J&J
Oregon-Washington RR & Nav—
1st & ref g gu 4s '61 opt-.J&J
PacFruit Express—See Sou Pac—
Pac of Mo 1st ex g 4s 1938--F&A
2d ext 5s gold 1938
—J&J

Oons mtge 434s 193d
Cons 1st extend 434s'49

5s

1st

Ral & Gaston 1st 5s g 1947—J&J /

81

85

guar

Carondelet Branch—

:—-

30

Ore Short Line 1st 5s 1946--J&J
cons

4
75

32 34
39

3334
33 34
33 34
4134

78

74

65

Coll tr 4s (OP) Aug 1 '49..J&D
1st 4 34s (Ore Lines) 1977-M&S

89

9834

A&O/
Raleigh & Augusta Air Line—

37

Southern Pacific Co—

40-year 4348 1968

43

9934

87

Prov & Wore 1st 4s 1947

Bid

2.50%

98

Val 1st gu 5s g 1941-J&J
101
Prov Sec deb 4s 1957 gu
134
M&N /
Prov Ter 1st g 4s gu 1956
M&S / 6534

2.00%
2.00%

Bonds

3.25%

117

Potomac

_

1st M 4Kb 1950series C—.J&J
Ore RR & Navcona 4s 1946-J&D

1st

5034

53 34
4734

98

Guar 5s 1961
J&J
Portland. & Rumford Falls—
5s 1951
M&N

44

49J4

2.50

4134
4134

•98

_.

44

2.50

b

108

98

Port Reading 1st gu 5s 1941
J& J
Portl (Me) Term gu 4s 1961-J&J

*

b

F&A

1st gen 5s 1974 series O.—J&D
1st 434s series D 1977
J&D

—

^_

Ref & imp 6s 2047 ser B—J&J
Ref & imp 5s 2047 ser C.— J&J

A&O

1st M 5s 1962 series B

—

60 34

Northern Pacific—
Prior lien g 4s Jan 1997
Q&J
Gen lien g 3s Jan 2047—-Q&F
Ref & imp 434a 2047 ser A. J&J

58AJ&D

45

1st M 434s 1960 ser O
41 %
A&O
4.25
Eq tr 334s Apr 1 1940-1946
b
Eq tr 23*s 1940-1946
3.50
J&D b
Pitts Young & Ashtabula—
1st gen 4s series A 1948—-J&D
10034

109

A&O /

1st gtd g 5s 1945

90

_

.

.

Pitts & West Va Ry 4 34s
1st M4J4s 1959 ser B

12134

85

/

Southern 111 & Mo Bridge Co—
1st M g 4s 1951
....M&N
South Indiana 1st g 4s 1951—F&A

Ask

Bid

i

Pitts Term RR & Coal 5s '42.. J&J
Pitts Va & Char gu 4s 1943.M&N

110

Cons 1st g

♦Called
Canadian

July

1

funds.




at

100.

t Called

Sept.

1

at

10734-

b Basis.

/This price includes accrued
.

interest,

ft Last

sale,

n

b

Nominal,

r

1.00%

Payable
■

in

NOTICE

bond prices are ••and

All

Interest** except where marked "f" and Income and defaulted bonds

Quotations for all securities are as near as

31%
10%

14"
38
8
20

Toledo & Chic 4n g 1941-- M&S '
Omaha Div. 1st 3 Kb g *41 _A&O
Wabash Railway Co—
Ref & gen 5%a 1976 A—M&S

8

5%
6K
4%
6K
4K

Certificates of deposit
Ref & gen 5s 1976 ser B..F&A
Certificates of deposit
Ref & gen 4 Ks 1978 ser O.A&O
_

Certificates of deposit
Ref & gen 5s 1980 ser D..A&0
Certificates of deposit
Warren 1st ref g 3Ks 2000
F&A
Washington Central Ry—•
1st 4s Mar 1 1948
Q-Mar

6K

4%
8%
22

g xuar

43

106 %
108

109%

55
40

35

72 %
b 1
b

-

Wichita Falls & Southern—
1st 5s extended 1948

-

J&J /

73%
80%
1.00%
1.60%
1.70%
108%
18

f

-

-

2.10

108

Equipment trust 5s.—-.1943 b
Western Ry of Ala 4 %a '58. A&O
Wheeling & Lake Erie RR—
1st consol gold 4s 1949.. M&S
b
Eq tr 2 Ks F Nov 15 '40-'49.
Wheeling Term 4s 1940
F&A
White & Black River Valley
1st 5s 1980
J&J f
-

~50

b 2.25

West N Y & Penna 4b1943. A&O
Western Pacific RR Corp—
1st M 58 1946series A..r.M&8
Assented 5s 1946—-.-.-

53

49

1st g s f 4s 1990Western Maryland

\
3.25

12

2.25%

90
112

1.90

1.40%

100 %

9

20

30

1st g gu 4Ks 1941
1st guar g 5s

opt.—M&N
J&D /

1942

10H

10%

18

21

60

75

Wilmington & Nor 4Kb *77.-J&D
Wilmington Ry Bdge 5s '43.A&0

95

93

J&J

1st gold guar 4s 1960

110%

M&S

3Ks 1970

104

Wisconsin Central Ry—
1st gen g 4s 1949
Certificates of deposit.

1st & ref 4s 1959—

J&J
A&O

Sup & Dul Div 4s 1936--M&N
Certificates of deposit—...
Marshfield

&

S'eastern

div

15K
11%
4%
4%
4%

10%
22

5%
7%
8%

4fi

..M&N
1951
Worcester & Conn Eastern Ry—
1st gold 4Kb 1943J&J
Tosemlte Valt s f g 5s 1936— J&J

30
10

20

20

22

50
50

65

63

100

1st
1st
1st

8% class B
7% class O
10% class D
4K% class E

100

100
pref.—TOO
Clearfield & Mahoning (gu)...50
(guar)—
100
5% non-cum pref (gu)--i-;!$>
Cleve & Pitts (gu Pa RR) 7%.50
Common

-50

Special guar 4%
Colorado & Southern—
4

100

5% class A
100
8% class B
100
7% class O
100
10% class D-...100
4K% class E. _.100
6% non-cum pref stamped.. 100
Boston & Providence (guar)
100
Boston RR Holding pref
100
pref
pref
1st pref
1st pref
1st pref

25
100
Canadian Pacific
25
Caro ClinchfJeld & O (guar).. 100

% 1 st non-cum preferred.. j

00

a
a

a
■a

Western—

50.

---25
pref.100

Southwestern (guar}
Detroit & Mackinac Ry
5 % non-cum preferred..

100
100
-

.100'

Detroit Manufacturers (guar) 100
Dover & Rockaway (guar)—100
Duluth South Shore & Atl—

50

Preferred (guar).
Erie common

%

90

82%

104%

109

4% non-cum 1st
4% non-cum 2d

preferred..100
preferred-.100
50

50
European & North Am (guar) 100
Fort St Union Depot (guar)-.100
Ft Wayne & Jack pref (guar) .100
Genesee & Wyoming
100
Georgia RR & Rank Co (gu) 100

Great Northern Ry—
Iron Ore Prop trust

32

35

100

110

50

55
80

44K

"2%

2

2

2%
3%

2

1%
1%
33

1%
3

Hartford & Conn Western... 100
Illinois

57

63

100

Central

Non-cum 6 % pref series A.. 100
Leased linos (guar).100
8tk tr ctfs—See RR Securs Co

Inturnat Rys (Cent
5

Am)

com

.*

57
110

140

13

15

Joliet & Chicago (guar)
K;.. Allegan v Gr Kap (gu)..

10%

12%
10%

K C at L & Chic -Pref (gu)..100
Kansas City Southern new
*

20

30

t% non nim preferred
100
Kansas Okla & Gulf pref A—100
Lackawanna RR of N J (gu).-100

12

7

70

65

3%

3%

4

4%
8'

8

36 K

40

26

29

68 %

70

1

%

1%

140

9%
2%
42

10%
3

45

%

%

38,
%

43

1%
4

2

50

preferred.

Lake Superior &
Lehigh Valley..
Preferred

._

100

;

100
100

Ishpeming—100
50
50

..

30

1%
%
43

65"

62
80
55

53

48
90
145

3

3

6

1

4

3

6

•

"2%
12

■

1%
6%

6%
12%

14

32

35

3%
3
3

1

9*

~§"
16

20

27
36 %

2%

3

77%

90

5% preferred
6% prior preferred

100
100

Massawippl Valley (guar)
-100
Michigan Central (guar)
100
Midland Valley 5% pref
50
Mill Creek & MinehiH Nav (gu)25
Mine Hill & Schuyl Hav(gu)..50
Minneapolis St P & S S M—
4% leased line ctfs
100
Mississippi Central
.100
Mo-Kan-Texas R R com
*
7% preferred series A
100
Missouri Pacific com
100
5% conv preferred
....100
Mobile & Birmingham—

per

$100 face

amount

....

10
50

b Basis.

%
20

%
lie

15
25
45
9
35

16%
1%
99
1

6%
14%
22%
15

250
34

Pgh Bess & Lake Erie (guar)
50
Preferred (guar).
50
Pitts Oin Chic & St Louis (gu) .100
Pitta Ft W & Chic com (gu)_.100
7 % pref (guar Pa RR)
100
Pittsburgh & Lake Erie
60
Pittsburgh & West Virginia. ..100,
Pitts Youngstown & Ashtabula—

100

100
6% non-cum preferred.....100
St Louis Southwestern
...100
5% non-cum preferred
100
Saratoga & Schenectady (gu)-100
Schuylkill Valley Nav& RR(gu)50
4-2%

non-cum

110

38%
78
95
148

168
50

145
40

16

80

100

18

Tennessee

3%
40

95

3%

37

1

%

98
34

80

14

16

500

~5%

15

43

3%

806"
36"

33

36

43
3

22%

%

4

85
32

J
28

7%
9%
15%
28%
20

70
8

105

6
73

Valley RR (N Y) (guar)
100
Vermont & Mass (guar)
-.100
Vicksb Shrevep & Pac (guar). 100
5% non-cum pref (guar)
100
Virginian Ry—
New common.
.25
Wabash

6%

25

preferred

100

Ry

41

8

26
50

72

47
54

37%
28%
%

48

Warren N J (guar D L & W)._60
West Jersey & Seashore (gu)
60

50

Western Maryland
1 st preferred.

Ry

18

100

2%

100
..100

37
4%

com..

Corp—
100

6% non-cum preferred..

Wheeling & Lake Erie Ry.... 100

4% prior lien.

"%

75K
75%
237

non-cum conv

Western Pacific RR

2

20
40
128

preferred A... 100
pref B.. 100
100

non-cum

4% non-cum 2d pref.

.%

55

80

(guar)

Ware, River (guar).

33

%
1%
%
1%
%

10
40

128

....100

5%
5%

18

37
65
600

%
35

3

New

45
4

35
37

•

Union Pacific common
100
4 % non-cum preferred
100
United N J RR & Canal (gu).100
Utica Chen & Susq Val (gu).100
Utica Clinton & Bingham (gu)100
Preferred (guar)
100

10

75

450

17%
45%

100
100
Troy & Cohoes
__50
Troy & Or'bush (gu NYC).. 50
Tunnel RR of St Louis (guar). 100

14

75

32
160

Central

Preferred
Texas & Pacific Ry
Troy & Bennington

4

12
60

3%
10%
20

*

common

preferred

Shamokin Vail & Pottsv feu)..50
Sharon (guar Erie)..
50
Southern Pacific Oo new
*

50

2%
39

43%

7

5
70

100

..100
6% non-cum preferred
100
Mob & Ohio stk tr ctfs (gu)_100
Southwestern of Ga (guar)... 100
Stony Brook (guar)
100
Sussex (guar D L & W)
50
Syracuse Bing & N Y (gu) —.100

30

1%
1%
1%
1%
1%

100

Southern Ry common

20

5%

84%

Phi la Germ & Norris (guar).. 50
Phila & Trenton
(gu Pa RR).100
Piedmont & Northern
•

Seaboard Air Line

2

8%
%

42

100

100

-

2d preferred (guar)...
St Louis-San Francisco Ry

Lnuh} & Mo Riv pref (guar)-.100

Maine Central

5% preferred
5% prior preferred

100

Preferred (guar)..
100
St Louis Bridge ist pref (gu)..100

155

1

Louisvilli

3.00

71

100

...

2

50c

...

Eastern

%4% 111 Cent stk ctf 1952.. 1000
Reading Co.
50
4 % non-cum 1st pref
50
4% non-cum 2d pref..
50
Rensselaer & Saratoga (guar). 166
Roch & Genesee Val RR (gu).100
Rome & Clinton (guar)
100
Rutland RR 7% pref
100
Rutland & Whitehall (guar)
100
St Joseph South Bend & Sou—
Common (guar)
100

1%
1H

3%

Mahoning Coai RR
5"
Pref (guar N Y Central)....50

il*

29

68

50

Lykens Valley RR & Coal (gu) .20

&

Oswego & Syrac (gu D L & W) 50
Passaic & Delaware (guar)
.50
Passaic & Del Exten (guar).. 100
Paterson & Hudson River feu).50
Paterson & Ramapo (guar)
50
Pemigewasset Valley (guar).. 100
Pennsylvania RR
50
Pennroad Corp com
1
Peoria & Bureau Val (guar).. 100

45

1%

94

.100

%*

75

63

31

Nashville

47

100

42

45

&

18

103 %
100

Railroad Securities Oo—

1

3%.

Old Colony (gu N\NH&H)_.100
Certificates of deposit

65

50

Louisville Henderson & St Louis—
Preferred (guar)
100

10%
9%

80

61

Lexington Union StationPreferred (guar)..
-.100
Little Miami original guar..
50
^ner an# -r betterment *tk
Lil Schuvl Nav RR & OosKgii)

75

140

Preferred (guar)
100
Pittsfield & No Adams (guar). 100
Portland & Ogdensburg (guar) 100
Prov & Worcester (guar)
100

20

1

1

non-cum

Peterborough (guar)

38
88

80

50

IF

Adjust 4%

_

Greene
Gulf Mobile & Northern com. 100
6 % preferred...
— 100

*

ctfs

Western.——10f.
(guar D L & W)
.100

12
20

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)-.lOO
Northern RRofN J (guar)
100

Ontario & Quebec (guar)

105

100

Erie & Kalamazoo (guar)
Erie & Pitts (guar Pa RR)..

42

40

100

.100
pref...100

Ry

Pere Marquette Ry com

Delaware Lack &

75

Norwich & Worcester pf feu) .100
Ogden Mine RR (gu On N J).100

%

7

63

Norfolk Southern
Norfolk & Western

76

6% prer.100
Cuba RR 6% non-cum pref.. 100
Dayton & Mich com (guar)
50
Preferred (guar)
-50
Delaware & Bound Br (guar)-100
Delaware & Hudson Co..
100

26

-

13%
18%

$ Quotations represent dollars




1

70

9

14

60

I*

2%

pref (gu)_100

6

42

.100

10% non-cum pref (gu).—-50
N Y Lack & West
(guar)
100
N Y New Haveu & Hartf
100
7% conv preferred
-100
N Y Ontario & Western
100

Peoria &

Morris & Essex (guar)

No par value.

1

6 % preferred series A
N Y & Harlem com (gu)

38

4% non-cum pref (guar)—100
Mobile & Ohio—See Southern Ry

•

lH

55

45

25
25

Nashv Ohatt & St Louis
.100
Newark & Bloomfield (guar) -.50
New London Northern (gu)--100
New Orleans Great Northern. 100
New York Central RR
*
N Y Chic & St Louis com
.100

34

Montgomery & Erie (guar)

Ex-dividend

36

%

Nashville & Decatur—
Original (guar L & N)

4% 2d non-cum preferred..100
Concord & Portsmouth (gu)--100

6%
5%

1

1st

t

32

13%
18%

1

1st

f

57

87

Cleve Cine Chicago & St Louis—

8

100
100

-------100

Camden & Burl Co (guar)
Canada Southern (guar)

53

80

Common
Preferred-

Cin Union Term 5%

Preferred (capital stock
115

40

100

6% non-cum preferred——.100
7% prior preferred
100
Stamped—
Common

32%

-100
-100

Cincinnati Inter-Terminal—
Preferred (guar).---------100
Oin New Orl & Texas Pacific—

30

Unstamped (guar L & N)

3%
32%
83%

50

50

Albany & Susquehanna (gu)—100
Albany & Vermont (guar)
100
Alleghany Corp common
*
5K% pref (with $30 warr)-100
5K % pref (without warr)-_100
2 % % prior conv pref
*
Allegheny & West (o% 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 7% gu
50
Baltimore & Ohio common
100
4% non-cum pref
100
Bangor & Aroostook com
50
5% conv preferred
100
Beech Creek (guar N Y O)
50
Belgian National Rys CoAmerican shares partic pref.
Boston & Alb (guar N Y C)-.100
Boston & Maine common
100
Unstamped—
1st pref 5% class A
100

pref
pref
pref
pref

2%
....

Green Bay &

85

81

Alabama & Vicksburg (gu) ...100

1st

2%
15

..100

Georgia Sou & Fla common—100
1st preferred
100
2d preferred..
100
Goshen & Deckertown (guar).. 10

RAILROAD STOCKS
A1 Great Southern com
Preferred

common.

preferred—.. 100
East Mahanoy (guar)
50
East Pennsylvania (guar)
50
Elmira & W'msport (guar)— 50

Winston-Salem Terminal Co—
f guar

16

6 % non-cum

Winston-Salem Southbound—

8

13

Detroit Hillsdale and

Eastern—

Willamette Yal Southern Ry—
6s 1939
F&A /
Wilm & Newborn 4s 1947
F&A

1st

Pacific
7% preferred
6% preferred.

Bid

Stocks

38%
38%

100
100
100

5% non-cum preferred
Chicago & Nortn Western
7% non-cum preferred

Par

Morris & Essex Exten (guar). 100
Mt Carbon & Pt Carbon (gu)..50
Nashua & Lowell (guar)
TOO

Ask

35%
35%

Pacific-

Delaware (guar Penn)
Denv & Ri»» Or West 6%

104

Bid

-----

Conn & Passumpsic
Consol Rys of Chiba

Wichita Union Terminal Ry

Wilkes-Barre &

Common

Chic R I &

98

West Virginia &

Pittsburgh—
A&O
4s 1952.A&0
ref 5Hs 1977 ser A--J&J
4Kb E 1940-1941—J&D
2Kb 1940-1946
J&D
2s G 1940-1949

2d

Chic Milw St Paul &

40

(guar)—50

preferred (quar)
—
-50
14% Cayuga & Susq (gu D L & W) 30
Central of New Jersey
100
/ 22" ~ Chattahoochee & Gulf (guar)-100
Chesapeake Corp
-*
Chesapeake & Ohio common.-.25
Preferred series A.—
100
12
Chestnut Hill (guar)
---50
Chicago Burl & Qulncv..
100
Chicago & Eastern Illinois—
New common w i
*
New preferred w i__
40
Chicago Great Western—
5%
New common w I—
50
New 5% preferredwi-_
-50
4 % preferred old
- -. - -100
Chicago Ind'polis & Louisville 100
30 "
4% non-cum preferred..
-.100
33

70

3Hb Jan 1954 opt 192
J&J
Washington & Franklin Ry—.
1st extend 4 ^s 1954
-J&J
Wash Term Co—3Hs 1945--F&A
1st gold 4s 1945 guar
F&A
Washington & Vandemere—_
1st 4 Ms 1947—F&A
West 8hore 1st 4s 2361. --—J&J

1st &

Par

Stocks
Catawlssa RR 1st pref

1st gold 5s 1939
.MAN /
2d gold 6s 1939
F&A f
Deb mtge 6s series 6 1939.J&J /
1st lien term gold 4s 1954.J&J /
Det A Chic ext 1st g 6s '41.J&J/
Des M Div 1st g 4s 1939--J&J /

Washington Co Ry 1st

possible for the closing day of the month preceding the date of Issue

Ask

Bid

Bonds and Stocks
Wabash Railroad Oo—

Eq tr
Eq tr
Eq tr

71

RAILROAD BONDS

JUNE, 1940]

100

RK% cum preferred..
100
Wilton (guar Boston & Me)..100
—

.

45
75
85
50

47
6

23 %

/This price Includes accrued interest,

k Last sale,

n

Nominal

NOTICE—All

bond

prices

are

"and interest" except where marked **§'

and income and defaulted bonds

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Stocks and Bonds

Bid

Par

Adams Express com
Coll trust 4s 1948-Coll trust 4s 1947

M&S

43*s stamped 1946

F&A

Securities

Affiliated Fund

.

„

com..--—-

conv

Per

Corp Securs 6% ctfs 1036..M&8 /
Corporate Trust shares old ser
1

102

AA.

1023*

Accumulative series
A A (modified)

9.82

8.44

9.17

1-25
J&J

2.03

2.22

96

97

96

cony

Convertible

5
104

9.23

deb 4s 1949
deb 43*s 1949—J&J
Air Investors Inc..
—-—*
Sec

Sec

43*
1023*
993*
1013*

2

preferred

3*

Warrants

(Mass)—
Deb 43*b with com shs 1967.—
Aldred Investment Corp (Can)—

♦Amer ex Holding Corp..— - - - ;
Amer British & Cont 5s '53 F&A

113*

13 X
98

13.46
1.19

1
-1

"53*

6 3*

2.49

2.76

10c

13*

3 3*

A

Capital Corp A

10c

Class B

A.....25

243*
233*

25

Class A opt div ser w w

1
Amer Discount Co of Ga $2 pref.*
Amer Elec Sec partic pref
1

32

27
28

3*
35

lki
33*

23*
63*

102

M&N

102

5.73

1

.23

33*

.27

3%
93 y2

3

3y2

32 3*

323*
41 y2

-

2

Associated Stand. Oil Shs

35

23*
23 y2

90

Associated Gen Util com v t c.
*
Inc deb 5s w w 1956
M&N /
Income deb 4s 1961.
M&N /
_

29 y2

30

10c

preferred

$23* preferred
1
$3 preferred
--1
Amer General Equities Ins—26c
Amer International Corp
--*
Conv 53*s 1949
J&J
Amer Insuranstocks Corp
*
American Investment (111)
*
$2 preference
*
5% conv preferred
—50

6.33

23*
223*
253*

...

American General Corp

17

H

17

Beneficial Industrial Loan

Series B-4

5.56

6.12

12.17
7.00

13.34
7.72
11.12

Domestic Finance pref
*
Domestic & Foreign ln53*s47F&A /
Dominion-Scottish Invests Ltd—
1st coll 4s series A 1952
J&J

Corp

Economic Inv Tr Ltd 5sA*57M&N
Empire Capital Corp A
5
Empire Power Corp partic stk-*

$6 preferred
*
Equitable Invest Tr (Mass)
5
Equity Corp common
] 0c
$3 conv preferred
1
Family Loan Society common. _*
$1.50 preferred series A
*
$1.50preferred seriesB
*
Fidelity Fund. Inc
»

5

15

20.76

3.00

7y2
102

81*
104

3*
3*

13*
%

12.19

13.11

33

50

233*

135

ux

13

5.23

5.81

7.65
47

5

20

10**

1

*
25

24

113*

10c

Canadian Internat Inv Trust—

33*

—

91

94

2.25

3.05

60

62

33*

1013*

*
Corp com—1

41*

39

143*

10

60

14

513*

5

42""

-

3*

ik

49""

Aviation Shares

7.64

8.31

79

Building Shares

4.26

5.68

6.18

1950. .M&N

90

95

Electric Equipment Shares

6.80

7.40

Cent Invest Corp 5-6s "57--A&O

94

96

Food Shares

3.55

3.87

♦Central Nat
♦Class B

20

23

Investing Shares
Merchandising Shares—
Mining Shares

2.28

2.50

4.11

4.48

4.46

4.86

Petroleum

3.33

3.64

*

1

Central States Electric Oorp._-l

7% preferred
Conv preferred
Conv pref series of 1929.
6% cum preferred

2

y

100
100
100
.100

3%

V*

11*
1%
iy

Century Shares-Trust

*

20-50

22.04

Chartered Investors common

1
*

4

5

Preferred

869

2700

139

143

.......100

City Investing Co

100

Preferred

50

7s series A & B 1950
7s series C 1959.

7s series D 1956--.
6s series A A 1953

6s series AB 1948
6s series AC 1952
Collateral Loan

Q-F
Q-M
Q-J
Q-F
Q-M
Q-J

$6 1st preferred
$3 2nd preferred
Debenture 5s series A

*
---*

Heller (W E) common
Preferred w w

54

100

103

100

103

100

96

99

96

99

96

99

12

10

1st

30

305*

100

84

98

•

35

92 y2
i 3*

99

Continental Securs 5s 1942 M&N /
*

Continental Shares common

14

11*
3.02
65c

12

14

21

23

23

291*

31

Industrial Securities

2c

1QO
Corp

Bank Group shares
Insurance Group Shares..—

100

60

99

105

.05
2

12.11

13.02

1.77

1.99

1

2

3*
93*

New common

Internat Securities 7% pref__—1
International Utilities class A.__*
Class B

1

*
*

x

Quotations not furnished by sponsor or Issuer.
Ex-dividend.




♦

No par value,

e Ex-coupons.

1.07

9.56

10.41

5.61

.....

10k

4.02

10.81

6.82

7.39

4.12
7.44

4.47

...

4"

3*
33*
6

3*
83*

233*

6-40

7.74

8.38
7.12

6.57
5.47

5.94

5.46

5.92
2.26

Railroad equipment

4.54

4.93

Steel

5.31

8toek8

Class B common
5
Class A preferred
100
North American Bond Trust Ctfs.
North American Invest Corp—
Collateral 4s 1951J&D
North American Trust Shares—

97

vl'A
90

95

2.28

1

2.24

1

2.02
101

Ohio Finance Co. 43*s 1949-F&A
Common

*

Oils & Industries
Preferred
Oilstocks Ltd

15

!«

1

5
Oklahoma Carey Trust
Oklahoma Southern Trust
10
Old Colony Invest Trust Com..*
Debenture 43*8 Feb 1 1947
Debenture 43*s Dec 15 1952
Old Colony Trust Assoc
Overseas Securities Co
Deb 5s April 1 1948
Pacific Eastern Corp
Pacific Finance Corp (Calif)

102

153*

....1

com

90

1.80

1

1958.-..

5.76

973*
33*

423*

*

y
47"'

43

23*

J*
95

33*
23*

95

.*

14

*

15

13*

A&O
1

4

33*

70

"43*

10

10

11

Pacific Investing Deb 5a 1948 J&J
Pacific Southern Invest pref----*

84

873*

25

30

Class A

*

Class B

*

Petroleum Corp of Amer
Phoenix Sec Corp

$3

-.5
*

pref class A
10
Plymouth Fund Inc
10c
Provident Loan Society 6% ctfs..
Prudentla' Investors
*
$6 preferr< l
*
conv

Putnam

(Geo) Fund
Quarterly Income Shares
10c
5% deb series A 1942
M&N
Railroad Employees' Corp—

2

3*
3*

8.05

5.90

2.08

Class A

93*

1.03

6.09

3.71
10.00

...

..........

33*
3*
63*
63*
24 3*
.29

110
95
11.37

10*

7k
63*
263*
.34

53*
100
12.16

5.65

6.50

973*

1003*

73*
93*

83*
103*

*

common

5

115

43*

Preferred

Railway & Light Securities com.*
Conv coll 4 ks ser " 11" '55 A&O
.92 Railway & Util Invest A—
1
1.13
33*% preferred
*
Representative Trust Shares—10
Re public Investors Fund new—
Reynolds Invest 5s 1948
A&O
5
Common stock
1
1
$6 preferred
*
Rossia International Corp
6
Royalties Management A
1
"65* ♦Schoellkopf Hutton and
Pomeroy Inc common
10c
Scudder, Stevens & Clark Fund-*

5

7

102 3*

4*
8.12
2.64
47

8.62

3.00
50

6*'

3*
12

3*
20c

y
35c

"

3*
72.69

1

74.15

26
Continued

♦

.93

1

13

Insuli Utility Invest—
Deb g 6s 1940 B with war.. J&J /
Insur&nshares Co of Delaware..1

"7 i*

Apr. 16

97

.83

Insuranshares(Md) ctfs Inc—1
International Holdings & Inv.. *

25c

Niagara Share Corp (Md)—
Conv deb 5 3*a 1950
M&N

27

.25

53*

3.05

Railroad

27

54

*

.

9

73*
213*
213*

25

$1.75 preferred _ ——
$3.50 prior preferred

♦6% preferred..

26

-,-25

6% preferred
Inland Investors
Institutional Securities Ltd—

28

6 y2

100

preferred

Investors
5
Independence Trust Shares
*
Independence Fund of N A__—5
Industrial Finance vtc
-.1

351*

2.78
35c

1

Incorporated

12

10

$4.25 conv preferred
*
Commonwealths Distrib'n Inc
1
Commonwealth Investment
.1
Commonwealth Securs common. 1
Preferred
1
Consolidated Invest Trust com. 1
Consumers Credit Serv 6s 1962.-

100

Preferred

10
20

43*% conv preferred

-25
25
..*

Hydro Elec Sec com
— *
Illuminating & Power Securities—

1

Commercial Invest Trust

1948

2

5% preferred

103

Commercial Banking common. _1

common

3*
13*
3*
303*

Household Finance com

91

$1.20 preferred
7% preferred

3*
3*
3*

1

♦Huron Holding Corp

100

Commercial Credit

4.80

Preferred x-w

100

Cleve Securities 4-6s to 1943-J&J
Collateral Bankers Inc—

4.66

4.40

Equip Shares

Guardian Investors com

453*

100

3.16

4.27

Railroad

9" 40

2625

2.89

Steel Shares
Tobacco Shares

70

1
com... 100

Shares

5.14

Oils.....

4.65

Chemical Shares

Corp class A__._*

53*

.....

Metala

3.55

76

...

60

Machinery

4.41

3.25

44

21*

18

57
4.83

*

1953

100
1

2

163*

Electrical equipment
Insurance

73
4.04

Automobile Shares

Automobile
Aviation

3*
153*
3*

Great Britain & Canada Invest¬

A&O

com

(Colo) ser B shares
(Md) voting tr shares
New England Fund
New York Stocks, Inc.—
Agricultural

33

52^

lok
14

100

23

Corp 4J*s 1959
Group Securities, Inc.—
Agricultural Shares..

103*

943*

3*

*

Gotham Credit class B

5

10

4.40

40

Securities

22" ~

80

X32

923*

8-94

23*

25

Chemical

4.04

22

8.18

Building supplies

Gen'l Realty & Utilities com..—1

$6 conv pref ww
*
German Credit & Investment—
Pref allot ctf 25% 1st pref--*

20

*

60

27

J&J

Conv deb 5s 1953

7
88

Bank stocks

50

13*

8*

5% preferred ser A w w
100
Nat Bond & Share Corp
_.*
Nat Indus Loan 7s 1957._Q-Jan
National Investors Corp
1
Nat Trust Shares Remodlfled
1
Nation Wide Securities—

93

3*

$6 preferred

13*
>x
63*

5

National Aviation com
National Bond & Invest

4

41

25c

common

8% preferred

24.83

1

.50

10
Sec 6s x-w 1947
M&S
Morris Plan Indus Bank (N Y).10
Mutual Investment Fund
10
Mutual System com
^
1

1033*

23.09

'«4

Warrants.
General Investors Trust
General Public Service Corp

ment

1
10
*

4.76

"4k
100

95

*

...

Gen Shareholdings

14.33

3.68

Deb 5s Feb 1 1952
F&A
General Capital Corp
*
Gen Finance conv deb 5s '51-J&D
General Investment Corp
1
$6 preferred

Goodall

A&O
Ltd
1

4.06

Gleneagles Invest 5s June 15 1944
Globe Indus Loan 6s 1955—J&J

93*

Canadian Pow & Pap Invest Ltd—
Deb 5s series A 1958
F&A

2
*

$6 preferred

"".28
19.92

3.75
44

Investors—*

partic preferred

New common wi
Preferred

18

15*51

40

conv

Midland Invest Corp (Mo)—
3s 1953.
M&N
Monroe Loan Society class A
1
Morris Plan old

2.92

19

.13

%
20

2.20

39

18.43

British Type Investors A
1
Broad St. Invest Co Inc—.—6

22.32

X
19 X
16 X

1.98

$6 preferred

1956

23*
293*

71

441*
M
63*
3 X

3

5

Capital Administration cl A
$3 cum pref series A.
Carey Trust of N Y
Original...
Carriers & General Corp

23*
283*

5%

25

69

43

1
100

....

"6""

53*
24

"7k

1

Bullock Fund Ltd

17.29

7

i8k

Brooklyn National Corp

4.20

16.08

13.18

50

Corp common
preferred

33*
3.25

Fundamental Investors Inc
2
Fundamental Trust Shares Inc—

2M

6.13

5
10c

Fulton Indus Sec units

13

183*
23*

5.54

Maryland Fund Inc

223*
223*

...

183*
23*

10c

Massachusetts Investors Trust. .1
Mass Utilities Associates vtc
1

2.59

American

Manhattan Bond Fund Inc
Marine Midland Corp

9.70

14.41
120

Class B

35c

40

15.96

10c

Class A

25c

9.03
101

Fund, Inc.—

General

10

Lawyers Mtge Inv (Boston)—

Liquidating Shares

5

ser

Larkins

7.53
3.11
5.56

14.86

84 3*

18 J*

Boston Fund Inc
Boston Investment Co

16

10

Bank stock series

5.05

6.80

Fund
Warr Trust

1st 5 3*s series B 1945
M&S
Lehman Corporation.......... 1

35

3.30

49 y

Blue Ridge

14

A—1

123*

23*
%
17

20

Foreign Power Secur 6s *49 J&D

*

♦Blair & Co

X

Insurance stock series
10c
Fixed Trust Shares series A.. -10

1*

23'

1

15

100

Fiscal

2.76

1

Knickerbocker

98

_

Finance Co of Pa

10.08

.....

Series S-4

*

1

.............

Series S-3

5

Series F

Series S-2

263*

26

$7 preferred series A
*
$6 preferred seriesB
*
Ea« Util Invest Ueb5s 1954 M&S 15 /
Eaton & Howard Management
Fund A-l
1

49

$2.50 prior preferred
*
Beneficial Loan Society com..--*
6% profit share deb 1956--Q-J

$5 preferred.,

26.80
18.95
12.75

Series K-2

36

23

...

Chemical Fund
"Christiana Securities

11.62

Series K-l

83

warr

17.28

1.02

-100
A 1953-A&O
Atlas Corporation common—_-5
6% preferred
.....50
Option warrants.
♦Bankers Nat Investing A
1
5% preferred
Bankers Securities Corp com..50
6% preferred
60
Basic Industry Shares
10
6% preferred

Deb 5s with

.....

3*
31

5.25

♦First Boston Corp..
First Mutual Trust Fund

3%

Atlantic Secur 43as

Fund

24.54

B-2.ZZIZZZZZZIZZZZZZZI
......

y
303*

.92

Foundation Trust Shares

6s series A 1959
Canadian invest.

Series

Series B-3

22

4.60

33

Burco, Inc common
$3 conv preferred

K^stone^Oustodian Fund—

1.91

Vs

3

common-.25
Preferred
25
Italian Superpower Corp A com.*
Deb 6s 1963 (ex-warrants
J&J

2.95

30

conv

Investors Trust

8.36
22

._]

Associates Investment Co——*

$3

18*'

25

56

15.45

...2.50
25c

Dividend Shares

Eastern Equities

3*

American European Secur
,._*
Coll tr s f 5s 1958sot A...-J&J

$2

14.55

2.29

1

Eastern States Corp com...

62

Class B

6s series B 1958
Amer Foreign Investing

7.83

D shares

iiH

*
*

...

Amer Cities Pr & Lt cl

14.29

Diversified Trustee Shares—

4

*

Shares

S3 preferred
$6.50 prior pref

3.92

share

O shares

$3 convertible preferred.

Amer

preferred

188*
53*

...10

Preferred

UOX

1

Allied Int Investing Corp—

Business

Investment Co of Amer

283*

25

100
*

cum

Series B

3*

Amer

22

Ask

Investors Fund of Amer Series Cl
Investors Royalty
1

1153*

10

Cumulative Trust Shares...
Delaware Fund

30

3*

Amer Business Credit

100

4s coll tr CCC 1939-42-..M&N
Invest Bond & Share 5s A'47. J&D

93*
253*

8

Deposited Bank 8hs N Y ser A__ 1
Deposited Insur Shs ser A.
1

32

25

Deb 43*s with com shs 1968—Alliance Investment com—--—*

2.27

preferred

•7%

3*

Aldred Invest Trust

28

1

♦Crum & Forster Insursh B

22

tr AAA 1940-43..A&O
5s coll tr BBB 1944-51
A&O

2.27

ADO (modified)

♦8%

23*

18

1

Bid

Interstate Bond Co—

4ks coll

1.94

Credit Service deb 6s w w '48-Q-F
♦Crum & Forster Inc com..
10

98

3*

1.94

......1

Par

Per

1.99

1

Bonds

ana

share

X

■

Stocks

Ask

Bid

Par

share

*
---1

Fund Inc

Administered

Aeronautical

--

J&D

Stocks and Bonds

Ask

Per

/Flat price.

* Last sale,

on

page

n

84

Nominal,

r

Canadian price-

Public
(Includes street and electric railways, gas.

Utilities

electric power, water, telegraph, telephone and bridge companies.)

NOTICE-—All bond prices are "and interest*' except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

Bonds

34
101

105%
105%
104
99

105%
105%
99 X

100%

101

35

42

30

37

58

61

80"
86

Amer Commonwealths Power-

Deb g 6s 1952 ser A
F&A
Deb g 5%s 1953
M&N
Oonv deb 6s 1940
M&S
American Community Power—
5%s Certificates of deposit 1953
Amer Elec Pow deb 6s '57 M&S15
American & Foreign Power On—
Deb g 5s 2030
M&S
Amer Fuel & Pow 7s 1934.J&J /
American Gas & Electric Co
s
s

5

13

52%

102%
103%

f debs 1950....
J&J
f debs 1960
——J&J
f debs 1970
J&J

54%
4%

103%
104%
106%

42

44

J&D
Am Pow & L deb 6s 2016...M&S
Amer Rys Corp coll 4%s *53.A&O
Debenture 4Mb 1963
A&O
American States Public Serv
1st 1 5 %s 1948 ser A
M&N
Deb 6s 1938—
J&D

52

54

American Telephone & Teleg—
Deb 5%s Nov 1 1943— M&N

93
65

46

p

50

95
12

25-year deb 3%s 1961
A&O
30-year deb 3 Ha 1966... .J&D

105%
104%
74%

10623s2
106
105

76%

Amer Water Works & Electric—

Deb 6s 1975 ser A
M&N
Deb 5s 1975 ser B
J&D
Ana&Pot R RR-See WashRy&El

99%
94

Anchorage Lt & Pow 7-5s'43 F&A
Androscoggin & Kennebec Ry—

96

99

M&S

28

Androscoggin W Pow 6s '45-F&A
Appalachian Electric Power—
1st mtge 4s 1963
F&A
S f deb 4%s 1948
F&A
Appalachian Power 6s 2024--J<

50

56

107 H

109

104 %
121

125

105

Aramore St Ry—See Phila Co.
Arizona Edison Co-

Income 5s 1960
J&J
Income 6s 1960
A&O
Arizona Power 5s 1950—...F&A
1st & ref 4ha 1950.
F&A
Arkansas & Missouri Pow Corp—
5s series A ,1957..
J&J
Arkansas P & L 1st 5s 1956.A&O
Arkansas Western Gas Co—

82

86

99 H
104

95

100%
104%
99

101
104

J&J

41 %

44 %

_

M&N1/

F&A /
-J&J /
M&S /
Cons ref deb 5s 1968——. A&O
Cons ref deb 4 Ha 1958
M&N
8 f inc deb 5s B 1983
M&S

$3

Scrip 4s 1941
Scrip 4s 1942

11

13

11

12

7

9

7

7

10
10

7

10

7

10

7

10

H
H

24

!*

43

46

20

24

20

20

12

Income deb 4s 1978
Income deb 3 Ha 1978
Income deb 3%s 1978

.A&O

11H
11H
11%

II*

Atlanta Wat El & Pr 5s 1943

J&J

Atlantic City Electric—
Gen mtge 3%s 1964
...J&J
Atlantic City Gas 5s 1960
J&J
1st lien & ref 5s 1957—- -J&J

Atlantic City Sew'age 6sA*56 J&D

♦

Called

June

1

at

100.

Canadian funds.




ser

3 Ha 1944..M&N

35|s 1948—M&N

ser

ser

.—A&O

Bklyn Un Elev—See Bklyn Queens
Bklyn Un Gas 1st cons5sg'45M&N
1st lien & ref 6s '47 ser A—M&N
1st lien & ref 5s ser B 1957 M&N
Deb 5s 1950
Buffalo General Electric—
Gen & ref 4%s 1981

Buffalo

J&D

F&A

65

70

58

65

92X
90%

3s
3s
3s
3s

15

15

65

68

106 X
108 X

92

75 %
105 X

102%
80%

104 X

105"

103

104%
86

106

100

99%
109

99%

J&D
J&D
J&D
J&D

100%

1940
1941
1942
1943

103

7s

1st

50%

48"

88"

102

86 X

May 9
52%

100

109%

111

115

104

106
89

83%

105

102%
103

.....

J&J

25

_

A&O

105%

Central Ohio Lt & Power—"
1st mtge 4s ser C 1964
F&A
Cent Pow 1st 5s 1957, ser D.J&J

101%
96%
101

debentures—

2s
2s
2s

100
— -

— —

Feb 15 1942.

Aug 15 1942
Feb 15 1943...

99%
—

99
99

2%a Aug 15 1943
2%s Feb 15 1944
2%s Aug 15 1944
2%s Feb 15 1945
2%s Augl5 1945
3s
3s

99%
99%
100

98%
98%
98

Feb 15 1946.

—

99

98

Aug 15 1946

Central Public Service Corp—
Conv deb 5%s *49 ....
F&A

108%

110

t 6s 6xt to 1950.

1%8 Aug 15 1940
l%s Feb 15 1941
1 %s Aug 15 1941

103

52

s

Serial

100

104

100%
101%

Central Power & Light Co—
1st mtge 3 %a ser A 1969..F&A

I

100

80%

103

102%
101%

Central Mexico Lt & Power—

Central N Y Power Corp—
I
Gen mtge 3 Ha 1962

104%
104X
103X
103%
103%
102%
102%
102%

52%

104

Central Maine Power—
1st & gen 4s ser G I960—A&O
1st & gen M 3 Hs ser H '66.F&A

87

105

45%

103%
103%
104%

1st & gen M 3 Ha ser J 1968J&D

111%

102

104

105
105

108

Cent Public Util.(ws)inc5%s.l952
Central States Edison. Inc—
1st coll inc 3-5s 19&0
M&S
Central States Elec Corp—

J&J

Oonv deb 5s 1948.:
Deb 5%s 1954

M&S 15

1
1

70

*26%

1st mtge 4s 1964
J&D
Cent States Pow & Lt Corp—

26

1st M & 1st lien 5%a 1953. J&J
Debenture 5s 1944
J&J
Cent States Utilities 6s 1938.J&J
Cent Telep (Del) 6s

118

104

118

J&D

99

85"

99

A&O
A&O

67%

1938—M&N

10%
103%

Central West Public Service—
5%s 1956.
arle
Charleston Cons Ry Gas & El
Consol gold 5s 1999
Charleston Transit Oo—
1st 5s 1942
Gen &

California Water Service—
1st 4s ser B 1961
...M&N
Serial 3 %s May 11941
3 %s May 1 1942.
4s May 1 1943
4s May 1 1944
4%s May 1 1945
4%s May 1 1946

102

Cent Vermont Public Serv Corp
1st mtge 3 Hs ser B 1966.-F&A

100%

101

100%

M&S

84

105

M&S

83

M&S

adj 5s 1952

Coll trust 5s notes 1942.

65

M&S

90

Chicago Aurora & Elgin RR—
1st & ref 6s 1951

Calif Pac Ry (see Pac Elec Ry)

107

101
-

J&D
J&D
J&D
4s 1947
J&D
4s 1948
J&D
Cent Indiana Gas 5s 1957—M&S
Central Kansas Pr 6s 1946..M&S

106

101

104

102

101%

4s 1946

77

105

Calgary Power 1st 5s 1960—A&O

1st mtge 4s 1966

June 1 1943—
Dec 1 1943
June 1 1944
Dec 1 1944
June 1 1945
Dec ! 1945

4s 1944

103

46

143

90%
'100

4s 1945

r

80

143

107

102

3%s
3%s
3%s
3%s

94

Cairo Bridge 1st inc 6 Ha '58.J&J

f 5s 1964

13

104

1st mtge 3%a ser A 1968—J&D
Serial debentures—

9X

46

s

86

84%

100%

Cent Illinois Light 3%s '66. .A&O
Central Illinois Public Service—

118

101X
102%

3%s deb O 1948-1952
J&D
Buff & Niag Falls El L & Power—
1st gold 5s 1942
F&A

1st

91

100
99

101%
101%
101%
102%
102%
102%
101%
101%
100%
102%

4s Dec 1 1948
4s June 1 1949

105

California-Oregon Power—
Deb gold 5%s 1942

98

103%

101

4s Dec 11947—
4s June 1 1948

103

Niagara Electric—
if M

46

•

June 1 1941
Dec 11941
June 1 1942—
Dec 11942

3%s
3%a
3%a
3%b
3 %a
3%a

93

91%

100

.114

47
47

67

103

4s June 1 1946

14%

103

46

58

50

4s Dec 1 1946
4s June 1 1947

—

Buffalo Traction—
See International Ry
Burlington (Vt) G L 6s 1955—J&J
Butler Water 5s 1957 A
..A&O
Butte El & P 1st s f 5s 1951— J&D

53

60
101

Central States Electric Co—

12

Associated General Utilities—
See Investing Companies.

2-yr 6% notes 1933
.A&O
Certificates of deposit..
Athens (Ga) Ry & Electric—
1st & ref s f g 5s 1950
J&J
Atlanta Gas L 5s g 1947
J&D
Gen mtge 4%s 1955
M&S
Atlanta Nor Ry—See Ga Ry & El

3%s 1946..M&N
3 Ha 1947—M&N

ser

1st 5s 1944

13

deposit

3%s 1945..M&N

ser

3ns 1949—M&N
3%a 1950—M&N
Coll trust series 3Ha 1951.M&N
Brooklyn Queens Co & Sub—
1st m g 5s 1941 (stpd)
J&J
Certificates or deposit
1st con 5s July '41 (stp)__M&N
Certificates of deposit
Bklyn Un Elev 5s 1950.
F&A
Certificates of deposit
Kings Co El 1st 4s 1949—.F&A
Certificates of deposit
Nassau Elec 1st g 4s 1951.-J&J
Certificates of deposit

3

17

Certificates of

ser

Coll trust
Coll trust
Coll trust

19

M&N

47

100

Coll trust
Coll trust

J&D

3s June 1 1940
3s Dec 1 1940

100

12

F&A

A

8X
8%
8%

J&J

—

12

M&S

ser

43

Bklyn City RR 1st 5s 1941—J&J
Certificates of deposit
Brooklyn Edison Co1—
Consol mtge 3%a 1966—M&N
Bklyn-Manhattan Transit Corp
Coll trust 4 Ha 1966
M&N
Certificates of deposit
Coil trust 3s 1941
M&N
Coll tr series 3 Ha 1942—M&N
Coll trust ser 3%s 1943..M&N

13

J&D

1955

80

98

1939

M&S

1st mtge 3%s 1964
Serial debentures—

106

11

4%s 1978

Deb 5%s

1st & ref 3%s 1965

130

92

IT4

Income deb

Associated Telephone Utilities—
Deb 6s series A 1941
M&S
Certificates of deposit
Conv deb 5s series B 1942.A&O
Certificates of deposit
Conv deb 5%s 1944 ser O.M&N

Central German Pow 6s '34-J&D
Cent Hud Gas & Elec Corp—_
1st & ref 5s 1941
J&D

110%

103

11

Conv deb 4Kb 1973
Conv deb 4s 1973

Associated Pub Utilities Corp—
1st lien 5s 1947 ser A
J&J
Deb 6s series A 1958
M&N
Associated Telep & Teleg Co—

92%
91%

M&S
Bway & 7th Ave—See N Y Itys
Brooklyn City & Newtown RR—
5s

44

Central Illinois Elec & Gas Co—

104 X
75

Bridgeport Gas Lt 4s 1952..J&J
Britb Colu:
;olum Pow 4%a 1960.M&S

Coll trust ser

23
22

M&N
M&S

111^
128X

Mtge&Coll tr 3j%sser D'68 J&D
Rys
Bloomington Dec & Champagne
1st & ref 5s 1940
—M&N
Bolivian Power 8s ser A *45.A&O
Boston Elevated Ry—
Deb g 4 Ha Nov 1,1941—M&N
Deb g 5s Dec 1942
J&D
West End St 5s 1944
M&S
7s Sept 1947
M&S
Brandenburg (Germany) El Pr—
Extl 1st s f 6s 1953——M&N /

11

1

Associated Gas & Elec Corp—
8s ex-warrants 1940
..M&S
Conv deb 5 Ha 1973
.F&A
Oonv deb 5s 1973
J&D

90

100

Coll trust

S fine deb 4 %s O 1983...M&S
8 f inc deb 4s D 1983
M&S
8 fine deb 4%-5%s A1986 F&A
8 fine deb 5-6s B 1986— .M&S
Oonv A 5s 2002
Q-F
Oonv A 6s 2002
Q-M
Oonv A 7s 2002

Cent El & Tel 4%B A 1965...J&J
Central Gas & Elec 6s 1946.M&S
First lien coll tr 5%a '46.-J&D

109

46%

F&A

92

Rys—
A&O f
Birmingham Elec 4%a 1968-.M&S
Birmingham Gas 1st 5s '59.M&N
4%% extended 1944
A&O

Associated Gas & Elec Oo—
Oonv deb 5 Ha 1977
Oonv deb 5s 1965.
Oonv deb 5s 1950
Oonv deb 4 Ha 1949
Oonv deb 4 Ha 1948.

105

101

J&D

1st & ref 5s 1954 ser A

M&S

1951

103%

_

100
100

J&J

British Columbia Telephone—
eiepnone1st 4_%s series B 1961—. J&D
i%s
Broad River Power Co—

6 %s

Cape & Vine'd El 4s A '65—J&J
Capital Traction (Wash, D C)—
1st g 5s June 1, 1947
J&D
Carolina P & L 1st 5s 1956—A&O
Cent Ark Pub Serv Corp— • •
1st & coll tr 5s 1948 ser A—F&A
Central Elec of N J 5s 1940—J&J

103X
75

Berlin Elec Elev & Underg
1st mtge s f 6Xa 1956

42

J&J

1953

Term

Canadian Utilities Ltd—
1st mtge 5s ser A 1955—M&S

109%

Berlin City Elect 6%s 1951—J&D
Sink fund deb 6%s 1959-.F&A
Deb 6s Apr 1,1955——A&O

85

83

103%
102%

1st 8 f 6s ser A 1953
A&O
Aahi'd Home Tel 4 Ha A 1961A&0
Ashtabula Wat Wlcs 5s 1958.A&0

Assoc Elect 4%a
5s Jan 1 1961

Canadian L & P 5s '49 op '14 J&J
Canadian Rail & Harbor-

36
94

Bleecker St&FulFy-See NY

1051782

AmerUtil Service 6s 1964. .M&N

1st 6s 1940

31

.J&D

96%

Bangor Gas Light 5s 1941...A&O
Bangor Hydro Electric—
1st mtge 3%s 1966
J&J
Bear Mt Hud Riv Bdge Co—
1st 7s 1953
A&O
'S f income 8s 1953
A&O
Beauharnois Lt Heat & Pow—
2d mtge 5s 1978—....—J&J
5s conv notes 1978
J&J
Beaver Valley Water 5s '60.M&N
Bell Telephone of Canada—
1st g 5s 1957 ser B
_J&D
1st mtge 5s 1960 ser G——M&N
Bell Telep Co of Pennsylvania—
1st & ref 5s 1948 ser B...—J&J
1st & ref 5s 1960 ser O
A&O
Bellows Falls Hydro-Elec Corp—
1st mtge 5s 1958
A&O

Blackstone Val Gas & Elec—
M & coll tr 4s ser C '65...M&N

92%
62

f

29X
34%

Deb 58 series A 1975—..—J&J
Deb 5s series B 1975
J&J

1st extend 6s 1947

106

Calumet & South Chicago Ry—
1st (35% prin paid) 1927 F&A
Camden & Sub Ry—See P S Corp
Canada Nor Pow coll 5s '53-M&N

Berkshire Street Ry—

Am Gas & Pow deb 3-5s '53.F&A

Secured deb 3.6-6s 1953

Calif Water & Telephone—
1st mtge 4s 1969

102

Deb 4s series A 1975—...J&J

Bergen Turnpike 5s 1951

Bid

Bonds

Ask

98
100

Baltimore Transit Co—

102

97

Cum income 4s deb B
.A&O
Alliance Power 1st 6s 1952. .M&S f
Alliance Pub Ser(Ohlo)5s '57 M&S
Altoona & Logan Val Elec Ry—
1st coll 4s Jan 1 1954
J&J

s

Bid

M&S
52 X Augusta Ry & El 1st 5s 1940 J&D
Avalon Telep Ltd 4 Ha '58—A&O
102
Baltimore County Water & Elec
1st 5s 1946
—M&N
105%
Atlantic Co Wat 5s '58 ser A

Alabama Water Service C'c
1st M 5s 1957 ser A
.J&J
Albany Ry 1st cons 5s 1930
J&J
General 5s series A 1947..J&D
All America Coi_

2%s
3%s
3%s

Bond*

Ask

Bid

Adriatic Electric Oo (Italy)
Extlsf 7s 1952
A&O
Ala Gas Oo 1st M4Hs 1951.F&A
Alabama Power Oo—
1st 6a 1946
M&S
1st & ret 5s 1951
J&J
1st & ret 5a 1956
M&N
1st & ref 4%s 1967
J&D
1st & ref 5s 1968.
...M&S

J&J

2

Chicago City & Connecting Ry—
103

61.00%
62.50%
62.75%
63.00%
63.25%
63.50%

106

Coll tr

f g 5s Jan 1,1927. A&O

5

Chicago City Ry—
1st 5s (15% paid) 1927—F&A

37

s

Chic North Shore & MIlw RR—
1st mtge gold 5s 1936
J&J
1st & ref os 1955 ser A
J&J
1st & ref 5%s 1956
A&O

1%
2%

2%

88

83

86

103

106

t Called

May 31

at

100.

& Basis.

/This price includes accrued interest,

k Last sale,

n

Nominal,

r

Payable in

74

PUBLIC

BONDS

UTILITY

bond prices ere "and interest" except where marked "f" and income and defaulted bones
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

NOTICE—AH

Bid

Bonds

Chicago Railways Co—
|
1st 5s 1927 stpd as to 25% pt'
red and pay Feb 1, 1940- -F&A /
Certificates of deposit
/
Cons M 5s ser A Feb *27--A&O /
Series B Feb. 1927
J&D /
Chicago Rapid Transit Co—
♦
1st & ref 6 Ms 1944
—J&J/
Certificates of deposit
... /
1st & ref 6s 1953 ser A
J& J /
Certificates of deposit
/
Adjust deb 6s July. 1963-J&J /
Certificate of deposit
1/
Chicago & West Towns Rys—
I
1st cum inc 5s 1937
—J&J /

43 %
41

9
4%

Consolidated Gas Utilities Co—
6s unstamped 1943 ser A.-J&D
6s stamped 1943
J&D

45
49

Corp

9%
4%

1st

6

1st

6

1st

6

1st

M
M

M

o

105 M
110 >4

97

77
.

80

77

84

71M

73

70

70 %

69%
'

70

%K

70

70

M

M&N

80

81

J&D

Deb 5Ms 1952
Deb 5Ms 1949
Citizens Independent

80

81M

Telephone
f 4%sser A "61--J&J

lat mtge s
Citizens Utilities Co—

103 M

^

F&A

Income notes 3s 1955-

1st coll 4-5 Ms 1948
A&O
Citizens Water (Scottdale)—

60

34 M
63

1953
J&J
City Light & Traction (Sedalia,
Mo) 1st s f 5s 1952
J&D
City & Sub PS—See Un Rys of St L
City & Sub Ry—See Wash Ry & El
City of New Castle Water—
5s 1941
J&D

75

80

88

92

1st

5s series A

31M

99

107%
101M
108 %
40

6s 1942
Colo Utllitie fist 5Ms 1958.M&S /
Columbia Gas & Electric Corp—
Deb g 5s 1952
Deb g 5s 1952

1969 wl
Commonwealth-Edison Co—

107
111 M

107 %
111 M

37
28

Power—|
17

14

84 %

86%
103 M
14 M

75
74

38

130

1st & ref M 3 Ms ser F *66-M&S
1st & ref M 3 Mb ser G '66. J&D

108 M
106 M

110M
108 M

25-year deb 3 Ms 1956. --M&S

105

107

Connecticut Power—
1st & coll trust 5s

J&J

J&J
Stamped guaranteed opt--J&J

5s

J&J

1962.

126

124

108
108 M

107%

109""

3 Ms

1946

Debenture 3 Ms 1948
Debenture 3Ms 1956

A&O
A&O
A&O
J&J

20-year 3 Ms debs 1958
Consolidated Electric & GasColl 68

ser

A Aug 1

6s series B 1962
Collateral 6s 1957

1962--M&N
F&A
F&A

Gen g 4Ms Apr 1954
A&O
Consol Gas Elec Lt & P (Bait)—
Ref mtge s f 3 Ms 1971
J&D
1st ref mtge 3s series P '69-J&D

Basis.

110M

4%
4 %

5%
5%

95

99

9
30

33

81

85

70

73
103

101
100

F&A

68

79M

1956.M&S

1943.M&S

72"

Ry Co—_

98 M
84

90

87

93

J&J

1948-A&O
Michigan Rys—
1st mtge coll tr 7s 1958
J&J /
Adjt 6s due July 1958-... A&O
Eastern Minn Pow 5 Ms 1951 M&S
Eastern Oregon Light & Power—
5Ms series A 1951
M&S
5s series B 1953.
J&J
Ref 6s series E Jan 1

96

I—i|' o o

103 M

100

45

46
46 M
46

125

128

105 %
105

98 %
65

A&O

1.00%
1.25%
1.50%

99

ioo m
66

92

93 M

40

50

89

92

87

A. J&D

ser

88 M
94

91M

Georgetown Gas Lt 1st 5s'61 F&A
Ga-Caro Pow 1st s f 5s '52--J&J
Georgia Power 1st 5s 1967.-M&S
Georgia Power & Light Co—
1st mtge 5s 1978
J&D
Georgia Ry & Electric—
Atlanta Northern Ry Co—
1st guar 5s 1954
-J&J
Gesfurel 6s 1953 x w
J&D /
Grand Rapids Ry 1st 7s '39.M&N /
Granite City Generating—
1st coll 5s 1963
A&O
Great Cons Elec Pow (Japan)—
1st M 7s 1944
F&A

120

130

102
104

104%

56

59

103

11
16

50"

75

80

77 M

80

61M

J&J

M&S

Gen s f 5s 1957
Great Lakes Utilities Co—
Great

Northern

J&D

76

94%
55

1942._M&N

57

Power

1st & ref M 3%s
Serial notes—

112

106 %

F&A
__

1st & ref 4Mb 1953
Mountain

'-73'
'97%

71
r

Power—

1st 5s stamped 1950.
Green Bay & Miss Canal—

M&S

103

Corp—-

J&D

1963

99%

100%

_

J&D

1940-1953...

~2%

Gulf Power 1st 5s 1968

76

b

101

to

95
66

Gulf Public Service Co—

A&O

102%

^

A&O

1st mtge 6s 1945
101

104 M

Gulf States Utilities Co—

99

107%

35

122

July 1. '65.J&J

108

108 M

Hamilton Gas Corp—
4s series B 1953

Y)—See N Y G
Ms- 1961 A&O

101

103 M

lstm & ref 3 Msser D

100 %
100 M

101 M
102 M

99

Peoples—See Phila R T
Pow Corp (Germany)—

1st sink fund 6Ms

9

1953--A&O
2030.F&A

Cent J1
See
Eliz &
Raritan RivlPublic Serv
Eliz & Trenton RR J
Corp
Elmira Water, Light & RR—
1st & con g 5s 1956
M&S
El Paso Electric Co—
'
5s 1950 ser A

J&J

9

70 M

71 %

50
M&S
106
Harrisburg Gas 5s 1970—M&N
Havana Elec Ry 5s 1952
F&A / 47
5Ms (Sept'31 coupon)'5l-M&S /
H
Hempstead & Oyster Bay—
95
Water 6% July 1 serially—
Hest Man & Fair Pass Ry—See P hil R T
43
Holyoke Street Ry inc 5s
1945
Home Tel & Tel (Ft Wayne;—•
—

J&J
A&O

111M

103

104

Nominal,

50
%

48

101

1st 5Ms series B

110%

56

110

105

Hoosac Valley Street Ry—
1st ext 6s June 1 1947—- M&S
Houston Elec 1st 6s B 1950.J&D
Houston Gas Securs 5s 1952.M&S

1st 6s series A 1943

106 M
106

Empire District Electric Co—
1st & ref m 5s 1952
_.M&

n

'49J&D

w w

Gulf Coast Water 1st 5s '48.F&A

55

Electric

k Last sale,

96

40

Edison Sault Elec 4

m

93

7
65

M&S

M&S
—M&N
Economy Lt & Pr (111) 5s '56. J&D

1st

101

94 M
89

1st mtge & coll 6 Ms C55-A&0
General Water Wks & El Corp—

4%s

Eliz Plainf &

44 M
44

78
100 M
100

Hamburg (Germany) Elev Undergound & St Rys 5Ms'38._ J&D /
Hamilton Gas 6 Ms Aw w '37 J&D /

1947ser A

Electric P & L Deb 5s

108%

95

76

7

104 M

&

93

1969M&N
Hamburg (Germany) Elec Co—
Extl g 8 f deb 7s 1935—M&N /

1st M & 1st lien 5s 1955 B

3 Ms 1st M s f
Edison El 111 JN

17

10

lOOM

A&O
General Gas & Electric Corp—
Scrip 4s due 1942
/
General Public Service Corp—
See Investing
Companies.

Green

Eastern Shore Pub Service Co—■
1st m 5Ms

102

100

Florida

1st lien coll tr 5Ms

l66""

96

5s 1948 B

Mayl 1942
J&J /
Federal Water Service Corp—
Conv deb 5 Ms 1954
M&N
Federated Utilities Inc—
1st lien col tr 5 Ms 1957-—M&S
Florida Power Corp—

lstsf 4Ms 1956

79 H

-...J&J

4Ms 1948 A___

m

Pass Ry 5s

1st & gen 6Ms 1950---

Ref 6s Jan 1948ser O-.M&S 15
Ref 6s series P Jan 11948-A&O

m

100

Great Lakes Power Ltd—

99
r

103%

Pleasant Valley

General Public Utilities—
IstM coll tr 6 Ms ser A'56_A&0

93

'49--A&O

Ref

St &

1st lien & col 5s 1943

1st 5s 1941—M&S

104 M
106

/This price includes accrued interest,




109

109 H
108 M

„

lsts f 6 Ms 1950

Consolidated Gas of Baltimore—

b

108

103
East Jersey St Ry 5s 1944.-M&N
100
E. Kootenay Pow 1st 7s '42-A&0
East Prussian Pow 6s *53
J&D / 10
Eastern Gas & Fuel Assoc—■

Elec &

87

85

Consolidated Edison Co of N Y—
Debenture

97

Edison Elec Ilium of Boston—

Conn Riv Pow 3% ser A '61 F&A
Consolidated Cities L P & Tr—
1st lien

95

M&S
Dumbarton B'ge 6 Ms to *49-J&J
Duquesne Light—See Phila Co
Duquesne Nat Gas 7s 1948.-J&J
Duquesne Trac—See Phila Co

Eastern Mass Street

100

Federal

1st 3%s series A 1969
1st 3 Ms series B 1969

2

w s

Easton Consol El 5s 1949

1956

24 M

Eastern

127

Connecticut Ry & Light—
1st & ref 4 Ms 1951

23

1955—M&S
Dominion Gas & El 6 Ms '45_J&J
Dortmund Munic Util (Germany)
20-yr sf 6 Ms 1948
A&O /

Ref

Light & Power—
A._M&N

95

F&A

Eastern Iowa Pow 6 Ms

94 M
15

—

Gatineau Pow deb 5s

65

93

-

Eastern Lt & Pow 4s A 1965. J&J

Debenture 6s 1954 ser B._ J&D
Fed'l Pow & Lt 6s Nov 1,1965.

43

106

63

'66M&S

1st m & coll tr 4s A

102

95

43

108

Dom Elec Pow 5Ms

Durham Trac

100 H
101 %

Telep 2d 6s 1954
J&J
Un Wat 6s 1935--J&J
99
Fruit Growers' Express—
1.50
Equip trust 4Mb to 1941—F&A b
2.00
Equip trust 4Mb to 1943--M&S b
2.25
Equip trust 4s to 1946
M&S b
Fullerton-Portsmouth Bridge—
1st s f 6s 1957
M&S /
50
Galveston-Houston Elec Ry—
1st M a f g 5s 1954 opt——A&O /
88
Gandy Bridge (Tampa)—
1st mtge s f 5 Ms 1957
90
A&O
Gary Electric & Gas Co—
1st lien coll 5s 1944
97 %
J&J
26
Q ary Rys Co 6 Ms ser A 1945 F&A
G ary Street Ry 1st 5s 1937.-A&O
25
Gas Co of New Mex6Ms '44 M&S
98
Ga8& El of Bergen Co os "49. J&D
112%
Gen 5s Nov 1.1954
124
M&N

82

Detroit International Bridge—
1st mtge s f 6 M® 1952
F&A

East Coast Pub Serv 4s 1948

(Internatser) 1942.. M&S
Stamped
M&S
1st lien g 6s 1942 stpd—_M&S

Fontana

103

M&N

_

105%

Florida Public Service Co—
1st 4s series C 1955
-J&J

102 M

32""
108 M

100 M

110

R Tran

Gen & ref 4 Ms 1961 ser D_F& A
Gen & ref M 4s ser F 1965. A& O

1st 5s 1953

85

f

Sinking fund debs 5s 1946-J&D
Florida Pow & Lt 1st 5s *54--J&J

73

40

Light & Traction—
(Amer series) 1942.M&S

50

2%

Duluth-Superior Transit—

Foderal

106

108
70 M
103

M&N

Certificates of deposit
S f deb g 7s 1952

Ry 5s 1941 A&O
Fall River El Lt 3 Ms 1968—M&N

40

& Canada Tunnel—

Gen & ref M 3 Ms ser G

Erie & Suburban

104

104

105 M
98 M

Community Power & Light Co—
Col M 5s 1957
M&S

ser

98

80

1st mtge g 4Ms 1969
&J
1st mtge g 4Mb 1969
.J&J
Delaware Vail Util 6s 1952.M&N

35

Community Public Service—
1st mtge. 48 1964
102
M&S
13 M
Community Teleph 5s Jan 1 1949 /
Community Water Service Co—
Deb g 6s 1946 ser A
71
J&D
Deb g 5%s 1946 ser B
70
M&S
36
Conestoga Trac 1st 4s 1950--J&J
95
Coney Isl & Bklyn cons 4s '48 J&J
f 7s '51

95

106

101

102%

s

90

102 M

104 M

1st & ref

88

104 M

45

Commonwealth Telephone (Wise)
1st 4s series A 1966
_M&S

Connecticut

4

101%

Durham Pub Ser 7s A

J&J /

2

5 Ms 1959
J&J
Delaware Power & Light Co—
1st M 4Ms 1971
J&J

109M

23

J&J
135
A&O /
28
A&O
108

1st mtge 4s series O 1966—J&D

Deb

107 M

107

Com'w'lth El 5s June 1 '43-M&S
115
Commonwealth Gas Corp—
Non-cum Inc deb 6s (w s) 1948- /
34
Non-cum inc deb 6s (x s) 1948-1/
25

Commonwealth Light &
Ref & unif 7s 1962

84

Delaware Electric Power Co—

104 M
104

32

1st mtge 3 Ms ser I 1968. _J&D
Conv debenture 3Ms 1958-J&J

81 %

Certificates of deposit

97 M

w w

65

Dallas Power &

102 M

M&N

1st 5s

88

44

40

Deb 5s Jan 15. 1961
J&J 15
Columbus (Ga) Elec & Powerlst & ref 68 1947 ser A
J&D

Inc. debs4s

108

war

Rys 1st 6s 1954
Erie Ltg 1st m 5s 1967

104 %

84

Telep conv 5s 1951---J&J
Cumberland Co (Me) Pow & Lt—
1st mtge 3Ms 1966
A&O
Cumberland Gas 6s w-s 1948M&N

Convs f deb 6 Ms 1948
Certificates of deposit
1st 5s. 1966
Detroit Edison—

1953 with

Electric 6s 1959

Erie

1st 5s

Co—

Light—
1st mtge 3Ms 1967
F&A
Dallas Ry & Ter 1st 6s 1951-J&J
Danbury & Beth Gas 6s 1948 F&A
Darby Med & Ches Ry—See Phila
Darby & Yeadon 4Ms 1934
Dawson Ry & Coal 5s 1951--J&J
Dayton Power & Light—
1st mtge 3s 1970.
J&J

f 6 Ms

105

56

5

100 M
100

M&N
Columbus Ry Pow & Light—
1st mtge & coll tr 4s 19o5_M&N
Commercial Mackay Corp—

M&N

106%
109 %

53

——

M&N
A&O 15

1st & ref 5s 1954 ser B

106M

107

.

37

1940

104 %
103 %

M

104 M

1st mtge s f 6s 1953
M&N
Certificates of deposit--- —

Cleveland Electric ilium—

3

80

Detroit

_

6s

M&N

Denver Tramway Corp—
Gen & ref 5s 1950 ser A-.-J&J
Des Moines Ry 1st inc 5s Jan 1 *55

City Water (Chattanooga)—
1st M 5s 1954 series B—.J&D
100
1st M 5s 1957 series C..-M&N
104
Clarksbury-Columbus Short
Route Bridge 6 Ms 1952
J&D / 45
Gen mtge 3 Ms July 1, *65. J&J
Cleveland Ry 1st 5s A 1945-M&S
Coast Cos Gas & Electric—
1st s f 4s series B 1965
M&S
Colonial Util 5 Ms 1958
J&D

104

.

_

A&O

M&N
M&N
M&N

Coll inc 6s B Oct 1 ,1954--J&D /
Cuban

106

93

A&O

Cities Service Co—
Ref deb 5s Jan 1 1966
M&S
Deb g 5s Apr 1958
A&O
Deb g 5s 1963
—M&N
Deb 5s 1969
M&S
Conv deb 5s 1950--J&D
Cities Service Power & Light—

Water

s

Ask

80

Co—

3 Ms 1965
mtge 3 Ms 1967
mtge 3 Ms 1970
mtge 3 Ms 1966
mtge 3 Ms 1969

Consumers

1st

Erie Co

1st coll 6s series A 1946.
M&N
Deb 5 M® series A 1970
A&O
Contin Gas & El deb 5s 1958 F&A
Continental Pub Serv 6s *40 J&D /
Cooper RlvBri'gelnc 1st 6s'58M&N
Copper Dist Pow 4 Ms 1956--J&D
County Gas (N J) 5s Jan I
1952.
Crescent Public Service Co—

5

4

85

of Upper

mtge

Bid

107 M

97

—

1st mtge 3 Ms. 1966F&A
1st mtge 3 Ms 1967
J&D
Cin Newport & Gov L & T—
1st ref 6s 1947 series A
J&J
A

1st

Power

Bonds

Equit G & E Utica 5s 1942.A&O
Ercole Mareili El Mfg Co (Italy)

80

75

Wuerttemburg 1st 7s *56--J&J fk 14 M May

6

%

76

A&O

6% notes, 1940
Hydro-Elec Wks

Consumers

5M
5M
5M
5M

Cincinnati Gas & Electric—

Cincinnati Street Ry—
1st m 5 Ms ser A 1952
1st 6s 1955 ser B.^__

Consol

Ask

Bid

Bonds

Ask

1955

103

21

98

lOl""

Houston Gulf Gas
102 %

102 M

r Payable in Canadian funds.

101M
100 M

102
103

and Income and defaulted bond*
month preceding the date of issue

bond price* are "and interest" except where marked "f"
Quotations for all securities are as near as possible for the closing day of the

NOTICE—All

105
124

1st mtge 6s series A 1954. .M&S
1st M 5s 1954 ser B
M&S
1st 5s ser C 1962
jA&O
Hydro El Bond & Sh 5s 1957M&N
Hydro Klec Power Commission
(Ontario) 3%s 1943....._J&J
4%s due Jan I. 1970
J&J
3%s 1947
A&O
2%s 1942
/
3%s 1953
F&A
3s Aug 1 1948
A&O
Idaho Power 1st 3%s 1967—A&O
Illinois Bell Tel 3%s B '70-A&O
Illinois Commercial Telephone—

M&S

1st mtge 5s 1960 ser B —.M&S

111 Community Tel 6s 1949--J&J
Illinois Power & Light Oorp—
1st & ref 6s 1953 series A—A&O
1st & ref

5%s 1954

B..J&D

ser

1st & ref 5s 1956ser C
J&D
8f deb $,%s 1957
M&S
Indiana Assoc Telegraph—
1st mtge 3 %s ser A 1970—F&A

99

See Invests.,.

100%

5s

99

98
106

108%

J

. . .

60

99%
97

90%
104%

1st 5s '46 —Fi
1942
F,
Kansas City Public Service—
1st ref 4s series O 1957
J
Kansas City Gas
1st 6s series A

92
95

58%

60

57 %

59%
13

8

Kentucky Power & Light
1st m 5%s 1948 ser B
Kentucky utilities Co—

Co—
M

_

J&J

J&J

34

36

3

109

2%

98%

99%

97

98

103

105

101%
90

147

171

101

102

>

Purch money 6s g 1997.
KingsCoElev—See Bklyn-<

>
k

68

65

I
104 %

106%

Water

Kokomo

105% May

4s
4s

104

4s

102%

If.
Debentures

6s

1948

4s

78%

86

80%

83

Mich Fuel & Lt 6s A

40

38

44

Michigan Gas & Electric Co—
1 st & ref 6s 1943
M&S

/

4s
4s

"II

50%

101

1/

9%

75

79
78

r

30 %

35

29%

32

105%

71

72

110

71

76%

....

if

75

Lake

76

Superior District Power106%

Leipzig Overland Pover—
S f mtge 6%s 1946
M
Lewlston Gas Lt 3%s C '56./
Lexington Ry 1st 5s 1949
J
Lexington Water Power Co—

101

97
100 %
20

If
)'

65

26

17

21

78

8z

Conv deb 5%s 1953

73

100

Lombard Elec Co (Italy)lst extl 7s 1952

51

53

Missouri Gas &

105

Missouri Power &

Long Island Lighting-

103%

52%

53%
32%

61

6
-

-

-

-

103

101

104

4

6s

74

76

100

41

107%

Louisville Ry—

102
102

♦Called June 1 at 102%.
Payable in Canadian funds.




105

1966.M
if
r

108""

i.

«»

107

....

1st M

s

102

M&S

Val Public Service—

1939

—

-J&J /

A&O
93
'56--A&O / 100
A&O / 97
Mob Lt & RR Cons g5s'41.M&S
102
Mohawk Valley ref 6s 1991 M&N
78
Debenture 6s 2031
A&O
60
Income 7s 1956

/

9

97

Light & Pow Co

-J&D
Monongahela Valley Water—
1st M 5%s 1950 series A..J&J
Monongahela West Penn Pub Ser
1st & gen mtge 4%s 1960.A&O
Debenture 6s 1965
A&O
1st M

Conv

f 7s 1948...

86%

Telephone—

118

5s 1949

99

106%

104%

Montana-Dakota Utilities—

100

Luneburg Pow L & W
Luzerne Co (Pa) Gas &

30

F&A

f 5s 1960

Monongahela
—

Lower St Lawrence Power—

100

91

107%

Monmouth Cons Wat 5s '56. J&D

-

Lower Austrian Hydro-Elec—

101

106%
106%

107 %
115

Lowell

100

102

1st cum inc 9s ser A

102

Gas Light—
1st mtge 4%s ser A

99%
109

Mobile Gas Service Corp—
1st 5s 1956

78

72

1st ref s f 5s ser B 1950—-A&C )
Louisiana Pow & Light Co—

96%

—A&O
Light—

%s series C 1961

Missouri

Railway Corp—
ser A 1948
A&C)

1st ref s f 5s

101%
101%
101%

s

Missouri

Los Ang Pac Co—See Pac El Ry
Los Ang & Pac RR-Soe Pac El Rj J

Los Angeles

99%

1st mtge 3 %s 1966—
J&D
Missouri Public Service Co—
1st

Los Angeles Hermosa Beach &
Redona Ry—See Pac Elec Ry

62

101

105%

100

55

102%

Elec Service—

1st 4-5s 1956

60

75

105%'

Light Co—
J&D
1st & ref 4%s 1978
M&N
Mississippi Power Co—
1st & ref 5s 1955

M&S
Mississippi Power & Light—
1st M 5s 1957
J&D
Mississippi River Pow 5s '51-J&J
Deb 5s May 1. 1947
J..M&N
Missouri Edison 1st 5%s '47 J&D

104

—.

36

98%

1st & ref 5s 1955

86

>

26

85

102

F&A

1938__.M&S /

Minnesota Power &

103""

I

Apr 1 1942

1960

-

1967
M&S
Minneapolis Gas Light Co—
1st mtge 4s 1950
J&D

«

101

4s Oct 1 1942
48 Apr 1 1943

3%s 1969

85

58

1st M 4%s

108

26

20
20

9

4s

1st mtge

126

99%
90

Milwaukee Gas Light Co—

100
40

98%

Traction—
J&J

Middlesex & Somerset

54

51

%
39

Louisville Gas & Elec Co (Ky)—
1st & ref M 3_%s 1966
M&S
Louisv Ltg 5s '53 unstmpd—A&C>

Debenture 6s

J&D

Midland Util deb 6s

Lohigh Valley Transit-

35

100

Michigan Public Service Co—
1 st g 5s 1947 ser A
A&O
Middle States Utll 6s A 1951 A&O
Middle West'n Telep 6s '43.-J&J
Middlesex Elec Light Power—
5s 1955
J&J

98

100%
101%

M&S

1950—.J&D /

-

4s Apr 1 1941
4s Oct 1 1941

M&S
M&N

101

101

5s 1950.

106

Iowa Pow & Lt 1st 4%s 1958

101

1st M 5s 1956.

37

!

notes—

Iowa Public Service Co—
Deb 5s 1968.

102

2

*

Iowa Electric Co—1

1st mtge 4s ser E 1955
J&D
Iowa-Ill Telep 2-5Ha 1949..A&O
Iowa-Nebraska Light & Power—
1st lien & ref 5s *57ser A..M&N
1st 1& ref 5s 1961 ser B...M&S

104

102

4s

>/

——

Interstate P S (Ark) 6s 1940 M&S /
3
Interstate Rys 4s 1943..
F&A /
%
101
Interstate Tel & Tel 5%s 19.53J&J

C *42.F&A

104

10

25%

4s Apr 1 1945
4s Oct 1 1945.
4s Apr 1 1946

103

81

—

Laclede Gas Light Co—
Ref & ext 1st 5s 1939..
Ret & ext 5s 1942

28%

4s Oct 1 1943

100%

38

55"
49

7

25%

4s Apr 1 1944
4s Oct 1 1944

80
105

1940
1941
1942
1943
1944
1945
1946
1947
1948

)

53

27 %
70

4s Oct 1 1940

1
1
Augl
Aug 1
Aug 1
Augl
Augl
Aug 1
Aug 1

4s Aug
4s Aug

6

107 %

)

J&J

J&J

25

„

Works—

90

1961

15

30

M&S

1st mtge 4s 1963
Serial notes—

s

101

85

Telephone 3s 1961. J&J

98
45

ext'49.-A&O

A1968
M&N
Michigan Consolidated Gas—

A&O

—

99

Metropolitan Edison Co—
110%
1st M 4%s 1968 ser D__-M&S
107%
1st M 4s 1971 ser E
M&N
108%
1st mtge 4s ser G 1965—M&N
91
Metrop Edison Corp 6s '61.M&S
Metro Wat Sewer—See Fgn bds
Metropolitan West Side "L"—
6
1st gold 4s 1938
F&A /
5%
Exten gold 4s 1938
J&J /
20
Mexican El L 1st M g 5s '42.J&J
20
Mex Lt & Pow 1 st 5s '40 s f__F&A /

1st mtge 4s ser

7

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

50

Maryland Light & Power—
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 /
Meridionale Electric Co-4lst 8 f 7s 1957 ser A
A&O

100

F&A

ser

60

)

16

Deb 5s 1955

101

Mar 1952
Michigan Associated Telep Co—-

16

Debg4%s 1952

104%

Q-A

Mexican Utilities 7s

6

BufTTrac 1st 5s 1948
J&D
International Telep & Taleg—

101
100

Miami Bridge—
Income deb 6s (w-s)

14

International Railway (Buffalo)Ref & impt 3-5s 1962
M&N

101%

Rapid Transit

101

14

6 % % sec bonds 1955 ser O J&D
Sec 7s 1957 ser E
..F&A
8ec7s 1952 ser F
J&J15

58

Ry (San Francisco)—

101

J&D

M&S
J&J

58

f 7s 1940 ser A Q Jan

99%

A&O

Debentures 6s 1955
International Power Sec Corp—

Iowa El Lt & Pr 7s

s

98%

B —.M&N

1957M&S

85%

F&A

1945

110

101

81%
52%
44%

„

>

44%

Interborough Rapid Transit—
1st & ref g 5s *66 op tax-ex. J&J
Certificates of deposit
6% notes 1932
A&O
Certificates of deposit
Conv g 7% note 1932. —.M&S
Certificates of deposit
Intercontlnents Power Co—
Debs A 6s 1948
J&D
International Hydro-Elec System
Conv deb 6s 1944 w w
A&O

r

1st

120%

6%
83

Market Street El Pass Ry—
See Phila

101

100

16

O

—

48

_

Market st

if

^

14

Inland Telep 1st 6s 1948

A

107

I

105%

M&S

Debs f 7s 1935

ser

105

I

50

f 6s A 1936

80%
80%
35

1956. A&O
A&O
Maritime Telephone & Tel—
Ref & gen 6-4 %s ser B 1966 J&J
Ref & gen 4s series C 1967. J&J

I

J&J

F&A

Sinking fund deb 7s 1938.F&A
Inland Power & Light Corp—

Serial

V

\

61%

102

6%s stpd 1952 (25% paid)

1st 4s

105%

J

75

103

Secured 5s 1958
Inland Gas 6%s 1938
Certificates of deposit

Internat l Pow Ltd 6%s
Deb 6s 1957

Marion-Reserve Power—
1st mtge 3 %s 1960

102

3%s 1966
Indianapolis W W Sec Co—

Investors

104

101

...

5

f 5%s
f 5%s

103

1st mtge

ser

O/

(Stamped mod) ext at 5% to

Indiana polls Water—

ser

V

5
102%
3%s ser A 1966.J<
Kansas Gas & Electric—
117
Deb gold 6s 2022 ser A
.M 5
99%
Kansas Power 4s series A *64 J&
Kansas Power & Light Co—
107%
1st mtge 3%s 1969
J J
J
90
Kentucky El Pr lsts f 6sl960J
Kentucky Fuel Gas Corp—
1st 6%s 1942 stamped
1%
J<! J /
Kentucky-Ohio Gas Co—
Ctfs indebt 2s 1958
Ji if 29

Keystone Telephone Co—

f 6s 1941

100

1st mtge

104

b

~8"

104

Kansas Electric Power—

106

44

An Oct

Maritime Electric 4 %s
Gen sf5%s 1956

39
5

/

-

3%sAugl
3%s Aug 1
3%s Aug 1
3%sAugl

Coll tr 6s 1957

104%

J

Keystone Public Service—
1st M 5s 1978

Colltr

104

103%

3

102%
100%
98%
91%

102

•

103

50

3

100

Coll tr

47
105

101

Terminal—

/
Certificates of deposit—
Manila Elec RR & Ltg Corp—
1st lien & colltr 5s 53
M&S
Manitoba Power Co Ltd—
8

56

97

106%

'53.J&J

'51 ser A—J&J
1st M s
1952 ser B..J&J
Mannheim & Palatinate Elec.Cos
15-year s f 7s 1941
J&D

)

Hob.

3s Aug 1 1940
3s Aug 11941

Indianapolis

3

J

1967

Serial notes—

48 Aug 1
4s Aug 1

40%

2

2/

56

....

1st M

101

Indiana Telep 5s A I960
102%
J&J
Indianapolis Columbus & South¬
70
ern Traction 1st 6s 1948.-F&A
55
Indianapolis Gas 5s 1952.._A&O f
Indianapolis Power & Light—
105
3%s 1st mtge 1968
F&A

4s Aug 1

38%

*/

1st M 4%s

101 %

54

M&N
'52. J&D

Ry (N Y)—

Manhattan

V

2-6s.

Jer City

100%

105

1942.
1943
1944
1945
1946
1947
1948
Ry 5s. 1967

65

62

5

1st

100%
99%
106%
109%

A 1959

Cons 1st guar 4s 1990—.A&O /
Certificates of deposit— — — /
2d gold 4s 2013
-J&D /

1 uo2 ]
River Bridge System -

James

101

100

Indiana Ry & Lt 1st 5« 1943-J&J

J&D

S

Inc deb 6s ser A w g

93%
112%

1940

stamped 1942

114
102

ser

Ry & Light 1st 5s

1st income 3-6s 1957 ws

Jacksonville (Fla) Ga^—

102

101

f 4s

s

_

2d income 4s 1963 w ■—Ann

Companies.

112

Indiana Hydro-Electric Power
1st mtge 5s 1958 ser A
M&N
Indiana Pr 1st 7%s *41 A .M&N

conv notes

41

J * 102%

Indiana Central Telephone Co—

6%

35'

1st

Macon Gas 1st mtge 4%8
Macon

100

1st lien coll 5%b 1938... .M&N / 118
88
Indiana Gas Utilities 5s 1946.J&J

Indiana Service Corp—
1st & ref M 5s Jan 1. 1950. J&J
1st 1 & ref 5s 1963
F&A
Indiana & 8 W Gas & Utll—

98

Quebec Power—

Manchester

Island Gas & Electric—
25-yr s f 5 *•
1953 ser a—
Italian Super
wer Corp—

103

101

102%

95

""lee Co

Isarco Hydro

101

100
101

*
1

102
119 %
75

J
*

Hi&

108

107

Bid

Bonds

Ask
McLaren

Utilitiesref 5%s 1950—

Iowa Southern

Huntington Water Corp—

1948

Bid

Bonds

Ask

Bid

Bonds
Houston Light & Power—
1st mtge 3 %s 1966
J&D
Houston Natural Gas Oorp—
1st m coll 6s *43 with warr.J&D
Hudson Co Gas 5s g 1949—M&N
Hudson River Trac 5s 1950.M&S

1st 5s series A

75

PUBLIC UTILITY BONDS

June, 1940]

——

Elec—

deb 4%s

1946
f 4%s 1954

1st mtge s
Montana Power—

A&O
M&N

104

100

103%
102%

104

105

104

108

Montreal Lt Ht & Pow Consol—

107

108

98

3%s 1966i_J&D
Montreal Isl Pow 5%s 1957 M&N

108

96%
100%
101

t Called

1st & coll s f 3

%s 1956

1st & coll 3%s 1963
1st & coll 3%s 1973

98

Conv

102%
102%

July

1st & ref mtge

1

at

105.

t Called July

I

at

102%.

& Basis.

notes

3s

1949

F&A
—J&J
-J&J
J&J

r

r
r

/This price includes accrued interest,

94%
97
90

99

k Last sale.

76

BONDS

PUBLIC UTILITY

"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

NOTICE—All bond pricos

Bid

Londs

I

56

79
56

70%

Tel—_
-JAD

104 H

Mutual Un Tel—See West Un Tel
Narrangansett Electric Co—
1st mtge 3 Hs 1966
.JAJ
Nashville Gas A Heating Co—
1st 5s 1951...
MAN
Nassau El RR—See Bklyn Qu<
Nassau A Suff Ltge5s 1945--FAA

96M

95

98

97

98
102

National Power A LightDeb 6s series A 2026
__F&A
Deb 5s 2030 ser B
--MAN

109 M

%

101%
23

JAJ

AdJ income 6s Jan 1 1965. .Apr
Bleeck St A F F 1st 4s '60.JAJ
B'way A 7th Ave 5s 1943. JAD
ser

A..MAN

mtge 4s 1965
FAA
M 4Mb 1980
MAS
4Mb 1960
—MAS
mtge 3 Ms 1964
MAN
New York State Rys—
1st
1st

4 Ms 1962 ctft
con 6 Ms 1962 ctfh
New York Steam Con)—
1st mtge 3 Ms gtd 1963
con

MAN
MAN

JAJ

3 Ms debentures 1954
102 y8
4s debentures 1959
FAA
Nor Amer Gas A El 6s 1949-.JAJ f
27
North Amer Light A Power Co—
Sf deb 5 Ms 1956
97
JAJ

105
102 M
104 %

99

88 M

103'

North Penn Gas Co—
1st M A lien 5Ms 1957

96

98

Pacific Telephone A Telei
Ref mtgleS Ms ser B1966—AAO

104 %

111M
101%

North Shore Gas Co of Illinois—
80

83

76

80

28
21

98

121

Boston

Ltg

3 Ms secured notes

Properties

105

104

19471—.AAO

..MAN

Joint 1st mtge 4s ser A '42. JAJ
North Texas Co 3-6s 1957
JAJ
Northern Indiana Pub Serv—
1st 3%8 series A 1969
FAA
Nor Indiana Telep 4 Ms '55.MAN

99 %
55

Northern N Y Utilities Inc—
123 M
1st lien A ref 7s 1946 A—.MAN
120
1st lien A ref 6s 1947 B. .MAN
Northern Okla Gas 1st 5s '46. JAJ t 103
Northern Penna Power Co—
105
1st A ref 5s 1956 ser A
JAD
104
1st A ref 5s 1962
AAO
Northern States Power (Minn)—

52 M
54

53
54
94

93

94

107

122 %
123

Northwest Louisiana Gas—
1st M 6 Ms 1936 with warr. JA D ./
Northwestern Elevated (Chic)—
1st mtge 5s 1941 opt
..MAS /

100M
62

125M

70

101

N*westernTeleg1st4Ms *44-JAJ
103 % Nova Scotia Light A Power Co—
1st M s f 4s 1957
—JAD

98

18

100M
98%

104 M
104 %

-

-

95
100

101M

101%

1st mtge 4s 1967
MAS
1st mtge 3%b 1972
JAJ
Ohio Elec Pow 1st M 5s *57-JAD

99

103

93

106
98

91

96

3M-3 Ms 1941-42
105

105%

105

107
122

115

115%

136M

137

115M

117

115

113%

1st mtge 3 Ms 1966
Debentures 4s 1946
Oklahoma Natural Gas—

107 M

110%

105 %

108 M

107

112

6%
6%

1st M 5s 1957 ser A
JAD
Ottawa El Ry 4Mb *48-'55.JAJ
Ottawa Light Heat A Power—

6

101 %

102

Ref A coll tr 4s 1957—.AAO
Serial notes—

3-3MS

100M
105 M
91
.

61
105 %
100

102 %
104

103 M
103 %
93
83

JAD

Ref mtg A coll tr 3 Ms '70.-JAJ
Penn Wat Serv 5s ser A '67-FAA

85
21

People's G L A Coke, Chicago—
1st cons g 6s 1943
AAO
Refunding gold 5s 1947..MAS
1st A ref 4s 1981 ser B
JAJ
1st A ref mtge 4s ser D *61 JAD
Mutual Fuel Gas g 5s' 47 MAN
Peoples Light A Power Corp—

110M
111

91M
93 M

-

113
114

JAJ /

5Ms 1941

1st lien coll 3-6s 1961

14

JAJ /

JAJ

1st lien 6s A 1949

100M

93
92
102 M

s

f 5s

w

w

104M
25

JAD

100

101
98

99

110

Duquesne Lt 1st 3 Ms '65. JAD
Duquesne Trac 1st 5s '30-JAJ
Plttsb Rys 5s 1953
AAO

101 %
6

Secured gold 5s 1967
JAD
Ardmore Street 5s 1958.. A AO

4

58

62

96

97 M
99 %

89

94

98

100

103 M
98

12

82
8

lH

_

73 M

49"

106M
•

2d Ave Tr 1st 5s 1934
JAD,
So Trac 1st A coll tr g 5s'50AAO /
United Trac 5s 1997 ctfs. JAJ
West End Trac con 5s *38. JAJ

Philadelphia Electric—
1st A ref mtge 3

r

w—FAA

103" Philadelphia Company—

102
25

71M

1940-1948...-—AAO

w

1954

105 %

105

r

96

_

108

Oregon Elec Ry 3s 1958 ....MAS
Oregon-Washington Water Serv—

106

1st A ref 4s 1971 ser F
MAN
1st A ref 5s ser H 1962...AAO
Pennsylvania Gas A Elec Co—
1st 1 A ref 5 Ms '55 ser A—MAS
1st L ARy 5s 1958
MAS
Pennsylvania Gas A Elec Corp—
Deb gold 6s 1976 ser A
BIAS
Pennsylvania Pow A Light Co—
1st mtge 3 Ms 1969
FAA
4 Ms debentures 1974
FAA
Pennsylvania State Water Corp—
1st coll trust 4Mb 1966..MAN
Penn Water 1st 3 Ms A '67—FAA
Penn Water A Power Co—

Peoria Water Works Co—
1st consol 4s 1948..
MAN
Prior lien 5s 1948
....MAN
1st con 5s 1948
—MAN
1st A ref 5s 1950
FAA

100
1st M 5s 1948 ser A—...FAA
Oklahoma Ry 1st A ref 5s *41 - JAJ /
20
Income 5s 1990
Apr 1 /
2

6

Co—

Peoria Service Co—

103 %

103 M
105

106 %
103 M

Electric

.

38

107-M

105

105 %

1st A ref 6s ser O 1947
MAN
1st A ref 5s series D 1954 .JAD

1st

JAD

104

100 M

104M
102 %

—

100M

.JAD

103
103
104

9

97

FAA

^

Old Dominion Pow 5s May lo '51
Omaha A Council Bluffs St Ry—
1st extd 4s 1947
-JAJ
Ontario Pow 5s *43 op to '13-FAA
Ontario Transmission Co Ltd—
1st gu x 5s '45 opt. bef '16-MAN

38

97 M

Peoples Telep (Butler, Pa)—
4s I960.
...JAD
Peoples Tract—See Phlla R T
Peoples Water Service (Md)—

103
102 M

1st mtge 3 Ms ser B 1955.-FAA
Oklahoma Power A Water—

105
80

104M

Ohio

102 M
111H

101

1st lien

Oklahoma Gas A Electric—

104"

103

104M

104

1947--JAD
Valley Gas Corp—
1st 6Ms 1943 (with warr)..—
7 Ms 1943—
JAJ
Ohio Valley Water 5a 1954—JAJ
Ohio Water Serv 1st 4s 1964. J AD

114

58
12

Penn Centra) Light A Power Co—
1st A ref 4 Ms 1977—-MAN
1st 5s 1979
MAN

Conv deb 5s 1979

FAA
FAA

121 %

62 M

120

FAA

3 Ms 1943-1944
4s 1945-1947
Ohio Term (Oleve) 6s

105M

101 %
e

105 M

104 %

Ohio Power CoDeb g 6s 2024
JAD
1st mtge 3 Ms 1968
AAO
Ohio Public Service Co—
1st. mtge 48, 1962
FAA
Notes—
3s 1940
—FAA

102

73
Peoples Gas fN J) 1st 5s *68-JAD
1st sf5M« I960—
JAD
lli" Peoples G A Fuel 0 Ms ww'37 AAO

105

MAN

1st A cons 4s 1965

112M

..MAS

Refmtg A coll tr 3j< si964
r

Ohio Edison Co—

112

104

-

102

70
FAA
8
Oberpfalz Elec 7s 1946
JAD /
107 %
Ogden Gas 5s 1945
MAN
106
Ohio Assoc Telep 4Mb 1966.JAD
Ohio Cities Water Corp—
95
1st M coll tr 5Ms '53 ser A. JAJ

105

103

•

99

NY PA NJ UtilitiesDeb 5s 1956

105

1949

104
20

Deb g 681950 ser A—
MAN
Deb 5 Ms 1959 ser B
FAA
Penn Public Service Corp—

16

1st cum income 5s 1953—AAO /
11
Northwestern Power Co Ltd—
1st M s f conv 6s '60 ser A.JAJ f
45
Certificates of deposit...
Northwestern Pub Serv Co—
101
1st M 5s ser A 1957—JAJ

114

consol gold 5s

Penn-Jersey Water—
1st coll 5Ms 1960
Penn-Ohio Edison Co—

Northwestern Penna Gas—

112

109 M

103 %

107

8%

8M

105 M

Paterson A State Line Traction—
5s 1964
—JAJ
Paterson Ry—See Pub Serv Corp
Pecos Valley Gasext6M8 '44MAN
Pecos Valley Power A Light Co

Pennsylvania

106M

106 %

102 M

106"

UM

96

10

1st extended 6Ms 1950..MAN
Non-cum inc deb 6s 1950-MAN

80
55

12

104M

Ref mtge 3 Ms ser O 1966.JAD
Parr Shoals Pow 5s 1952...AAO
Paterson Ext extd 5s 1950..-JAD
Paterson A Passaic Gas A Elec

108

107
1st mtge 3 Ms 1964MAS
Northern Texas Electric Co—
Coll tr s f g 5s 1940 opt
18
JAJ /
Northern Utilities Co—
77
1st lien 4-6s 1968
—MAN
8 freg income 3-6 Ms May I *69 /
53
N'west Cities Gas 6s 1949..-JA• /
10

Union El (Loop) 5sg'45__AAO f
Northwestern Light A Power—
6s series B 1950
FAA

100

67

106M

1st A ref M 3 Ms 1967
FAA
Northern States Power (Wis)—

91M

105
110
112

106

Pacific Power A Light Co—
1st M 5s 1955.!
FAA

51

r

107 M
109 %
108M

40

99

105%

Pacific Gas A Electric Co—
1st A ref M 6s 1941 ser B.JAD
1st A ref M 4s ser G 1964. .JAD
1st A ref M 3 Ms ser H '61 JAD

33

100^

114

52 M

90

78

-

.

W4

38 M

3

127

118M

45

47

102

iii'%

95

44

1

N Y State El A Gas Corp—

1st
1st
1st
1st

103 M
102

FAA
FAA

23

104

99

N Y A Richmond Gas Co—

1st ref M 6s 1951

45

Refunding 5s 1961.
MAS
Calif Pac Ry 1st 5s 1941..JAJ
Los Angeles Hermosa Beach A
Redona Ry 1st 5s '42.MAN
Los Angeles Pacific Co—
1st ref g 4s 1950 opt'15.-JAJ
Gen cons 1st 5s 1946..J2AJ
Los Angeles Pacific RR—
1st A ref mtge 5s 1943.MAS

North Carolina Gas 6s 48—M AN /
North Central Gas 5M« 1955 AAO
North Continent Utilities Corp—
1st coll A ref 5Ms '48 ser A.jAJ

112M

Conv deb 5s 1948
JAD
Oonv deb 5s 1950
MAN
Convertible deb 5s 1962—.JAJ
New Engl Pow Assn 5s 1948. AAO
Deb 5 Ms 1954
JAD
New England Power—

stpd 1958

....

62 M

52
*

109

103
101

1st A ref M 3 Ms ser 11966. JAD
Pacific Light A Power Co—
1st 5s, 1942
-JAJ
Pacific Northwest Pub Serv—
Conv deb 6s 1950—MAS

17 M
%
110%

New England G A E Assoc—
Deb g 5s 1947
MAS

Prior lien 6s

Nippon Elec Pow Ltd (Japan)—
1st mtge 6 Ms 1953..
JAJ
Norf A Ports Bdge 6 Ms '47—FAA

North

5s series B 1947
...JAD
Nat Lt A Pow 6s 1949....MAN

NYAWestch Ltg 4s 2004—JA J
Deb g 5s 1954 op guar—JAJ
N Y A Queens Elec Lt A Pow—
1st A cons M 3 Ms 1965.-MAN
New York Rys Corp—

107 %

93 M

Nebraska Pow 1st 4Ms 1981.JAD
Deb 6s 2022
MAS
Nev Calif Elec 1st 5s 1956—AAO
Deb 6s July 1941
.JAJ
New Amsterdam Gas—8fee N Y
GELHAP
Newark Cons Gas con 5s '48. JAD
Newark Gas 6s Apr 1 1944—Q-J
Newcastle (City or) W 5s *41 JAD

107M

.AAO

3 Ms debentures 1949

106 %

National Public Service Corp—
Debenture gold 5s 1978..FA A
Certificates of deposit..
Nat Toll Bridge 6s stmp *39-JAJ

107 %

92

JAJ

1st mtge 3 Ms 1969
MAS
Ozark Power A Water Co—
1st sf 5s 1952...
MAS
Pacific Elec Ry g 5s 1942
JAJ

106M

,91M

Bid

Bonds
Otter Tail Power Co (Minn)
1st mtge 4s 1961

North American Go—

9

National Electric Power Co—_
5s stamped 1978
JAJ
Nat Gas A El Corp 5s 1953.FAA

NYGELHAP
New York Edison Co—
1st 1A refSMs ser D 1965.AAO
1st lien A ref 3 Ms ser E'66 AAO
N Y Gas Elec L H A P Co—
1st g 5s Dec. 1 1948.
.JAD
Pur mon coll tr 4s 1949
F&A
Ed El 111 N Y con g 5s '95 JAJ
New Amster Gas 5s 1948.. JA J
NY A ER Gas 1st g 5s '44—JAJ
Con 5s 1945....
....JAJ

106

104

Municipal Gas A El Corp of
Recklinghausen 7sl947 —JAD /
Mut Fuel Gas-See Peoples GLAO

1st A ref 5s 1944
JAJ
New Rochelle Wat 5Ms '51.MAN
1st 5s series B 1951.
MAN
New York A East River Gas—See

See N Y Gas Elec Lt A Power
Niagara Falls Power—
1st A ref 3 Ms 1966
MAS
Niagara Lockport A Ont Power—
1st.A ref 5s 1955 ser A

Muncie Wat Works 5s 1965.MAN

Newport A Fall River 8t Ry—
Consolidated 4 Ms 1954
JAJ
Newport Gas Lt 5s A 1961—JAD
Newp News A Hamp Ry G A E—

1st M 5s 1951 ser A
MAN
N Y A Westchester Lighting—

104
83
22

-.

3 lis series A 1961......MAN
New England Tel A Tel—
1st 5s 1952 series A......JAD
1st 4Mb 1961 ser B
MAN
Newfoundland Light A Power—
lsts f 4 Mis 1956
JAJ
New Haven Water—
1st A ref 4 Ms B 1970
AAO
1st A ref 4 Ms O 1981—MAS
4Mb 1983
MAN
N J A Hud Riv Ry A Ferry—
1st gold 4s 1950
...MAS
N J Pow A Lt 1st 4Mb '60—AAO
New Jersey Water Co—
1st mtge 5s 1950
FAA
New Mex Gas conv 5s 1951 MAN
New Mexico Power—
1st mtge 5s 1958
.....JAJ
New Orleans City A Lake—
lsts f 5s 1943
JA.)
New Orleans City RR 5s'43 JAJ
New Orleans Pontchartrain Bdge
1st if 7s 1946
MAS
New Orleans Pub Service Co—
1st A ref 5sl952 series A..AAO
1st A ref 5s 1955series B..JAD
5s stamped 1942...
...JAJ
Inc 6s Nov 1949 ser A...JAD

Telephone Co—
Ref mtge 3%b ser B 1967—JAJ
N Y Water Service Corp—

70

Morgantown Water 5s 1965.. JA J
Mount Hope Bridge 5s 1969. JAD
2d income 8s Dec 15 1969.

30-yr 3 Ms debs 1968

Ask

Bid

Bonds

Ask
New York

Montreal Tramways—
1st A ref g 6s 1941 opt
JAJ
Gen A ref 5s 1955 series A. AAO
Gen A ref 5s 1955 ser B
A&O
Gen A ref s f 4 He '55 ser O A&O
Gen A ref 5s 1955 ser D.AAO

Mountain States Tel A

art

10

„

Msl967—MAS

108

hiladelphia Electric Power Go—
112M
1st mtge 5 Ms 1972
FAA
hila A Garretsford St Ry—
48
1st 5s 1955
FAA
hiladelphia Rapid Transit—
98
Coll tr g 5s 1957 opt s f—FAA
85
8 f guar 5s 1962
-MAS
93
6s gold 1962
BIAS
100
1st m r e 6s 1944
...JAJ
Darby Media A Ches St Ry—_
1st 4Ms 1936
—JAJ / 20
Hest Mantua A Fairm—

MAN

75

Market Street Elev Pass Ry
1st g gu 4s 1955
MAN

94

1st extd

Union

5Msl939

Traction—

.

'45-AAO
People's Traction Co—
P P Ry tr ctfs 4s '43.FAA

11

1952.JAJ

97

Elec A Peo 4s tr ctfs

Union Traction 4s

18 at 101.
t Called June 15 at 103.
Payable in Canadian funds.

♦Called June
n

Nominal,

r




& Basis,

e

Called June 1

at

104 M-

/This price includes accrued interest,

15

fc Last sale,

PUBLIC

June, 1940]

Bid

Bonds

Bonds

Ask

Phila Transportation Co—
Cons 3-6s 2039

_

38%

Roanoke

52%

53

57

77

1st & ref 4s 1960
J&J
Phlla & West Chester Traction—

107 M

52

f

80

39
J&J
49
J&J
4
1960-J&J f
Philippine Long Distance Tel—•
1st s f 6s series A 1953
J&J
Piedmont Hydro-El Co (Italy)—
27
1st &ref s r 6 Ms 1960 ser A A&O
98
Pinellas Wat Co 5 Ms 1959.M&S
6
Pitts Canons burg & Wash 5s 1937 f
Pittsburgh Rys—See Phila Co
Pittsburgh Suburban Water Serv
100
1st 1 & ref 5s 1958
_M&S
14
Pittsburgh Trac 1st 5s 1927-A&O
105
Plainfield-Un Wat 5s A '61.M&M
.101
Platte Val Tel 1st 4Ms '58--M&N

1st 4s 1954
1st 6s 1954
Phila & Western Ry 5s

1st & ref

k

'20.-J&J

5s '40 opt

Stamped

--

13

Central Power Corp—
Deb g 5s 1953
M&S
Rochester Gas & Elec Corp—
Gen mtge 4 Ms 1977ser D.M&S
Gen 3M» series H 1967—M&S
Gen mtge 3M" ser 1 1967.M&s
Gen mtge 3 Ms ser J 1969-M&S
Rochester & Lake Ontario Water
Extend 5s 1951
M&S

14 M

15M

Rochester

84

78

7

9

17

86
103

101M

A&O

Portland General Eletric Co—
67

M&S

1st & ref 4Mb 196u
IstfM 5s exten to 1950

J&J

98"

67 M

106 M

Portland (Me) RR 3 Ms 1951-J&J
1st 1 & con m 5s 1945—M&N

88"

80
1950-M&N
98 M
Porto Rican Rys Ltd 5s 1962M&N r
*
105
Porto Rico Telep 6s 1944—J&D
Postal Teleg & Cable 5s '53-J&J f
16M

100

Porto Rican Power 6s

17

1st

3 Ms 1966
J&J
Corp of Canada Ltd—_

F&A
Provincial Light Heat & Power—
6s 1946
M&S
Prussian Elec 6s 1954
F&A
Public Gas &Coke 5s 1952—J&D
Public Service Co of Colorado—
1st mtge 3Ms 1964
J&D
4s s f debs 1949
J&D

61
r

106%

100

100M

101M

r

1948.

7

45

102 M
101

100

103 M
103

100%

1st mtge 5s 1959..'
Conv n-c inc 4s May

M&S
15 1964.. f

108

109

100
53

48
38

42

104

100

102

104

106

109

109M
69

102

101M
101M

M&S

l

103

101

102

100 M
99

102

99

M

100M
100M

98

100

98

106

99 M
99

97

3 Ms ser O 1960—F&A

105

D '60--M&N

105

106 M
106 M

10

104

106

105 M

103%
104
102
101

100 M

100M
100 M
111%

109

_

108
140

143 M

208

M&S

77

79M

1st coll 4-5Ms 1948
A&O
Puerto Rico El Pow 4s to '56_J&J

62

66

1st

M

5Ms

1948

Puget Sound Power & Light—_
1st & ref 5Ms 1949
-J&D
1st & ref 5s 1950 ser O
M&N
1st & ref 4 Ms 1950 ser D.J&D

Quebec

100

91M

93 M

87 M

85M

89M
86 M

57

59

Power—

M&S
Queensboro Gas & El 5s '52_J&J
Conv g deb 5Ms '52 ser A.A&O
Republic Service Corp—
1st coll trust 5s 1951
J&D
Rhine-Ruhr Wat Serv Union—
Extl deb 6s 1953
J&J /
1st & coll 4s1962

_

118
80 M'

119M
84 M

_

62

65
19

M

San Jose Water Works—
1st mtge 3 Ms ser A 1961.-J&D

68

Scioto Val Ry & Pr 1st 6s '43. J&D
Scranton Gas & Water Co—
1st 4Ms 1958
M&S

1st & ref 5g 1967 ser A
F&A
1st & ref 5s series B1961.F&A
Scranton Trans ser A 5s'59.A&0
4s series B1959
A&O
Income 3sApr 1 1959
M&N
Seattle Gas 1st 5s 1954..
A&O

June

1

at

funds.




105.

Shawinigan Water & Power Co—
1st M&col s f 4Ms'67 serA A&O
1st coll tr 4 Ms 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 3 Ms 1946—M&N
Shenango Valley water
4s series B 1961
A&O
Shinyetsu Elec Pow (Japan)
1st sink fund 6 Ms 1952
J&D
Shrevp't Bdge & Term 5s'55-F&A
Shreveport Rys—
Gen Income 4s (w-s) 1957. A&O

1st mtge 4s 1966
Serial debentures—
3s 1940-41

b Basis.

M&S

102 M
103 M
92 M

106 M

62

66

61

64

70

73

108

111

104
102 M

103 M

102%

105%

37

40

125

62 M

61M

62 M

68

71

J&D

68

71

85

87 M
87

*48--A&O

'48..A&0

May 1

1951
Debenture 6s 1966

F&A
J&D

1st lien 6s 1948

ser

B

Certificates of deposit

62 M

61M

85

...M&N f
13
Stettin Pub Utll 7s 1946
A&O /
8
Steuben ville Wells burg & Welrton
Ry 1st 5s 1951
A&O f 20
113
Syracuse Gas g 5s 1946
J&J
125
Syracuse Lighting 5s g 1951-J&D
Syrac Rap Tr 1st g 5s 1946-M&S /
15M
2nd mortgage 5s 1930
J&J
Syracuse Transit 4s 1969
f 25
Taiwan El Pow s f 5Ms 1971.J&J
51M
92 M
Tampa (Fla) Gas 5Ms '56..A&O
Conv deb 6s 1938

86

101M

62 M
62 M

61%
61%
61M
61M
61M

6s stmp ext
6s

Debenture

105

103
88 M
88 M

70
68

7

10

68

81

1st

5s

..J&J

..J&J
J&J

6sl951.J&J

Deb 5s

105

A&O

1961

90

II""

17""
5

28

56%
93 M
92

J&J

J&D

1958

63

65

88

90

Telephone Service (Ohio)—
65

67

64 M

66

66

68

100

101

1953....
_.M&N
Temescal Water 1st 5s A '60 M&N
Tennessee Eastern Elec Co—
1st M 5s 1943
F&A
Ref s f 6s series A 1955
M&N

102 M

103

Tern!

100

103

58

60

5s

Terre

70

85
Sierra Pacific Power Co—
1st & ref 5s 1960 ser A
104
M&S
1st 5 Ms ser B 1957
102
M&S
Silesia Elec Corp s f 6Ms'46 .F&A /
....
Sioux City Gas & Electric Co—

t Called for redemption,

109M
103 H

Telephone Bond & Share Co—

1st lien & ref 5s 1957

Called

105

65
106

Standard Telephone Co—
1st 1 coll tr 5Ms '43 ser A.M&N

70

Lighting Co—

Mtge g 4s Dec 1, 1943...J&D
South Bay Consolidated Water—
1st ref 5s 1950
M&N
South Carolina Power Co—

*

10

65

Standard Public Service Corp—
1st lien 6s series A 1948
F&A

105

103

90

1st

Hydro Elec 6Ms 1953.F&A
Haute Traction
con

M

g

&

M&N

M&S /

Texas Pow Corp 6s 1956
General 6 Ms 1956
Texas Power & Light—
Deb g 6s 2022 ser A

101

28""

110

6~~
6

103

16

18

78

82

M&S

94

97

M&S

90
111

J&J

1st & ref 5s 1956
M&N
105M
Texas Pub Serv 1st 5» (w-e) 1961.
93 M
Texas Traction Co 5s 1937..J&J /
1

103 M
100

104

95

^2M

Texarkana Wat 1st 5s '58..F&A
104
Texas Elec Ry 5s 1947
J&J /
5
Tex Trac 1st 5s 1937 opt—J&J /
5
Texas Electric Service Co—'
1st mtge 58 1960
102 M
J&J
Texas Gas Utilities Co—
Texas Hydro Electric Corp—
1st mtge 6s ser A 1956
A&O

104

98
100

Light—

5s 1944

1st 2-6s 1951..

Somerset Un & Middlessex Ltg—

Canadian

101

6s gold debs 1957.
F&A
Standard Power & Light Corp—
Deb g 6s 1957
F&A

1M

105

Santa Barb Tel 3 Ms Ber 0*66 J&J
Sandwich Windsor & Amherstb'g

5s 1942-1946
Sioux City (la) Serv

48

97

Telep Co—

Convertible notes—
6s stmp ext May 1

18

15

128

ser

1st 5s 1944
M&S
Second Ave Trac—See Phlla Go—
80

45

Standard Gas & Elec of Del.—

B—M&S

Seattle

States
1948

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
Springfield City Water—
1st mtge 4s ser A 1956.-.-A&O
Springfield (Mo) Gas & Elec Co—
1st mtge 5s 1957 ser A
J&D
Springfield (Mass) St Ry—
Rer & gen 6s 1940
M&S
Stamford Water 1st 5s 1952_-J&J

Scranton-Spg Brook Water Serv—

107 M

J&J

f 6s 1945 ser A

1st 6s 1949

68

104 M

s

1st M 6s

105

100

106 M

1st M

Southwestern

100

95

_

/

Southwestern Public Service Co—

60

99

65

124

Non-cum 6s (ws) 1951—Southern

101

1949—M&N

Jersey Gas El & Trac—■
5s Marchl,1953.M&S
Public Service Co of Nor 111—
1st mtge 3 Mb 1968
A&O
Public Service Co of Oklahoma—
1st mtge 4s ser A 1966
F&A
Serial debentures bonds
Public Service Co of Pa—
1st lien & coll 5 Ms *53—J&D
Public Service Elec & Gas Co—
1st & ref M 3 Ms 1968
J&J
1st & ref 5s 2037
J&J
1st & ref 8s 2037
J&D
Public Utilities Consol Corp—

99

103

Paterson Ry—
2d 6s *14 ext 5% to *44. A&O
Guar g

92""

96

Soutbern United Gas Co—

102

58 M
9

103

So

99 M
89

A&O
A&O

f 6s 1942—A&O

99

105

Elisabeth & Trent 5s '62-A&0

_

s

99

104%

84

J O Hob & Pat 4s

1st & ref 5 Ms series 11945
1 st & ref inc 5 Ms ser Il'45

99

102

1st g 5s Dec 1, 1950—J&J
Elis & Raritan Riv 5s *54-M&N

84

124

54

105 M
4

135

Ry—

122

Gas—

Union

82

104

os

105 M
90

50

Sayre (Pa) Elec 5s 1947.
A&O
Schenectady Ry 1st 5s Mar 1, '46

1st

98

104 M
85

78

104

132

1946-J&J

Sub

Ellz Plainf & Cent Jersey

104

94

1937—M&S /
8
Southwest Telephone Col¬
62
let 6s series B 1947
M&S
62
1st 6s series C 1947
J&D
Southwestern Assoc Telep Co—
105 M
1st M 5s 1961..
A&O
Southwestern Bell Telephone—
109
1st & ref M 3 Ms ser B '64. J&D
102 ys
1st & ref M 3s ser O 1968—J&J
Southwestern Gas & Elec Co—
1st mtge 3Ms ser A 1970..F&A
101M
Southwestern Light & Pow Co—
102
1st mtge 3 Ms ser A 1969.-J&D
Southwestern Power & Light—
Deb g 6s 2022 series A
90 M
M&S

Savannah Electric & Power Go—
1st & ref M 5s ser F 1955.M&S
Savannah Elec Co 5s g '52. J&J

Camden

103 M

Adj mtge inc Jan 1 6s '60. A&O
1st M pipe line s f 4 Ms '51 A&O
Southern Neb Pow 5 Ms B'47 J&J
South N E Telep 1st 5s 1948. J&D

S'west Pub Serv 6 Ms

Ry debenture 4Mb 1943..J&D

101M

Public Service Corp of N J—
Trust certs 6% perpet—M&N

41
102

100

121

103

151941

15 1942
Apr 151943
4s Apr 15 1944
48 Apr 15 1945
4s Apr 15 1946
4s Apr 15 1947
4s Apr 15 1948
San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965..M&N
San Franci8co Bay Toll Bridge
1st M sink fund 6Ms '57.M&N
Deb s f 7s 1942.
M&N
San Joaquin Lt & Power Corp—
Unif & ref 6s 1952

104

39

—

4s

103 M
103

104

101

63

111

4s Apr
4s Apr

107

Utah Power Co—
1st M 5Ms May 1. 1960..M&S
Southside Va Pow 5s 1956..F&A
Southwest Gas Co (Okla)—
1st s f 6s 1954
M&N

61

Serial notes—

103

107 M
107%

100%

Southern Counties Gas (Calif)
1st M 4Mb 1968
M&N
Southern Natural Gas Corp—

10-year coll

F&A
Users
F&A
6s 1941..
—.F&A
6s 1942
....F&A
6s 1943
F&A
San Angelo Telep 1st 5s 1958 F&A

103
102 M
102 M

Southern Cities Utilities Co—
1st lien & coll 5s 1958
A&O
Southern Colorado Power Co—
1st g 68 1947 series A
J&J

Southern

109

5s 1949
San Antonio

103

Southern Trac—See Phila Co

7

—M&S

102

1949.

F&A
J&D

4Ms Jan 1 1943
St Joseph Water 4s A 1966
A&O
St Louis Co Gas 1st 5s 1951.A&O

Public Service—
1st mtge 4s 1963
A&O

1949.

st 3 ha series
Jit 3 Ms series EF1961
1966

107%
105%
105 M

San Antonio Gas & Electric—

100 M
101

97 M
97

1st mtge 3 Ms ser

r

65

102

Salt River Valley Water
Assn 6s 1940

Public Service Co of N H—
1st mtge

Jan 1 1942.

Guar 5s 1952

15

40

109%

S'west Nat Gas inc 6s 1966--A&O

St Paul Gas Light—
Gen gold 5s 1944
Salmon River Power—

115

15

57

107M

108 M

St Louis Public Service—

66

104

Public Service Co of Indiana—
1st mtge 4s ser A1969
M&S
Serial debentures—
1940.
3 Ms Sept
1941.
3 Ms Mar
: u
1941.
1942.
1942.
3 Ms Sept
1943.
3 Ms Mar
1943.
3 Ms Sept
1944.
3 Ms Mar
1944.
3 Ms Sept
1945.
3%b Mar
3 Ms Sept
1945.
3 ha Mar
1946.
1946.
3 Ms Sept
1947.
3 Ms Mar
1947.
3 Jia Sept
1948.
3 ha Mar
3 Ha Sept
3 Ha Mar
3 Ms Sept

4s

105%

Providence Gas 4s ser B 1963

-

110M

Ask
P

102

3Ms Jan 1 1941

107 M

mtge

Conv deb 4Ms 1959 Ser B-M&S
Conv deb 5s ser A 1957 ...J&D
Power Secur coll tr 6s *49. _J&D

110

{

Southern Canada Power-

debentures—

108" '

1st mtge 5s 1956 ser E—M&N
1st M 4Mb 1961 series F—a&O
Potomac Electric Power—

106

85

82
104

Transit

Corp—
S f 4Msinc A notes 1958.M&S
S f 4Ms inc B notes 1958_M&fc>
Rome (Ga) Ry & L 5s '46
A&O
Ruhr Gas Corp 6Ms '53 A..A&0
Rumford Falls Power—
Gen M 4Ms May 1948— .M&N
1st s f 4s Oct 1945
A&O
Safe Harbor Water Pow Corp—
1st mtge a f 4Ms 1979
J&D
Saguenay Power 4 Ms A 1966 A&O
1st 4Mb series b 1966
a&o
St Clair County (111) Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—
1st mtge 4Ms 1947
J&D
Serial

Potomac Edison Co—

power

1951
F&A
Ry & El 5s 1953..F&A

1st 5 Ms
Rochester

102

_

1st l'n & gen 4Ms 1940—J&J
Portland Gas Co 1st 5s 1951 -F&A

Portland(Me) Gas L 5s A'50

5

79

6s

Elec

--

.

.75

1953.-M&N
Portland Elec Pow 6s 1950-M&S /
Portland (Ore) Gas & Coke—

Pomerania

Bid

Bonds

Ask

Bid

93 M

106

J&J

Scrip

,

"f" and income and defaulted bonds
the month preceding the date of issue

ice Cor
Rhine-Westphalia El Pr (Germ'yV
Southeastern Gas & Water Co—
17
Mtge g 7s 1950
M&N /
1 st lien 6s 1944
J&D /
10
Direct mtge 6s 1952—.M&N fk 12M May 10
1st lien 6s x-w 1941
52
J&D
Con mtge 6s 1953.......F&A fk 14M May 28
S'eastern P & L deb 6s 2025.M&S
106M
Cons 6s 1955-.
.a&O /
Southern Bell Telep & Teleg—
Richmond (Ind) W W Corp—
104%
104
1st M 5s 1957
-M&N
3M« debentures 1962
A&O
102 M
Richmond (S I) Lt & RR—
105
106 M Southern California Edison—
1st coll tr k 4s 1952.......J&J
Ref mtge 3%» May 1 I960.J
106%
Rio Grande Valley Gas Co—
Ref mtge 3 Ms ser B I960—J
106%
1st mtge 5s 1950—
86
88
a&O
Southern California Gas Co—
Roanoke (Va) Gas L'ght—

Phlla

Suburban Water Co—
1st s f 4s 1965
M&S

77

UTILITY BONDS

bond price® are "and Interest" except where marked
Quotations for all securities are as near as possible for the closing day of

NOTICE—All

105%
95 M

104

67

72

96 M

97 M

/ This price includes accrued interest,

k Last sale,

n

Nominal,

r Payable in

PUBLIC

78

BONDS

UTILITY

NOTICE—All bond prices are "and interact" except where marked "f" and incom- and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bid

Bonds

York)-—
1st ref g 4s 1960 opt aft 14 J&J
Adj inc g 68 Jan i960 opt- -A&O
Third Ave RB 1st 5s g 37- -J&J

Ask

Third Avenue Ry (New

46

Union Ry 1st 6s g 1»42—F&A
Westchester El 1st 5s g 43-J&J

Yonkers Ry 1st 5s

14 %

100M

60

50

1946--A&O

Tide Water Power 1st 5s

48

14M
99 %
80 M

93""

74

77

Toho Electric Power (Japan)-—
1st s f 7s 1955 ser A—M&S15
Tokyo Elec Light Co (Japan)-—
1st g 6s 1953 series—J&D15

Bonds

57

58

1st M 5s 1963 series E
1st M 3 Ms ser 11966
1st M 3s ser K 1970

104 M
103 M

Twin

5Ms

West

79

West

112M

1st
2d

103

/

'42 A&
City Rapid Transit Co-—

1st lien & ref

96%

76

56 A&O

Trl-County Telep 4Mb B
Troy City Kv 1st cons 6s

104 M

95%
Traction Term'l Corp 6s 57—
Trenton G & El g 5s 1949. -L-_~

105M

1st mtge 3 Ms ser A 1969-M&N
57 M

58

Bridge 3 M-6 Ms, 1960
West

103 %

1945 Ser A_«
Tyrol Hydro-Electric Pow Co
1st Ms ( 7Ms 1955
M&N
1st 1 & ref 5148

::::

Guar s f 7s 1952
-F&A
Ujigawa Elec Power (Japan)-1st M s f 7s 1945M&S15
Union Electric Co of Missouri-—
1st mtge & coll tr 3 H* 1962 J&
3% notes, 1942-------—J&

15%

80

83

105M
100 M

106%
101M

kR—See NWElev

____

85

J&D
r

Union Gas System—
1st M & coll s f 5s 1948-— J&D

104""

103
63

Union Passenger Railway—
82

1961
A&O
2d ext 4s Mar 31 1960
A&O
Union Ry—See Third Ave Ry
Union Traction—See Phlla R T
Union Water Service Co—
First lien 5Ms '51 ser A_M&N
Unit Elec Co of N J 4s *49—J&D
United Elec Rys (Providence)—
Gen ref M os Jan 1951 bgt A—
Gen ref M 4s Jan 1951 ser B—
United Electric Service (Italy)—
Extl 1st s f 7s 1956 ser A--J&D
United Gas & Fuel (Hamilton)—
ist 4s Miu- 31

•

79

m

101

105

114M

115M

Arkansas Pow & Lt $7

100

J&D

Western N Y Utilities 5s '46. J&D
Western N Y Water Co—

88
27
105

77
108

75%
Deb g 6s 1975
—M&N
110
United lit&Rys (Me)6s A'52 A&O
73 M
Deb 6s 1973
J&J
81
Un Lt Rys (Del) deb 5M®.«2 F&A
United Public Utilities Corp—
92
Conv coll tr 6s A 1960
J& J
90
Oonvcolltr 5 Ms B 1960—J&J
United Rys Cos 4% ctfs '49-J&J /
40
United Railways of Havana—
8
Eq 7 Ms Feb 15 1936
F&A /

J&j

103 M
107 %

104M
108 M

106

108M

110

106

ff

8

102

99

100

96

101

94

52

64

55

Mut Un 6s ext at 5%to'4lH&N
Western Utilities Corp—
73

M&N

76

103

105M

62

63 M

41

43

107M
59

100

.J&J

105

107

J&D

102 Vs

103

.

107

46

United Telep Del 6s A 1948 A&O
United Tel & Tel 5Ms A '53.M&N
1st lien 6s ser B 1953....M&N
United Traction (Albany)—

4s June 1 1942

104

101

4s June Y1943

101

102

4s June 1

1944

103

4s June 1 1945

102

4s June 1 1946

100M

9
100

Utah Lt & Tr 1st 5s 1944 A—A&O

96

Utah Power & Light Co—
84 %
Deb 6s May 1 2022
M&N
95M
1st lien gen M 5s 1944—F&A
95 M
1st lien & gen M 4Mb 1944.F&A
Utlca Belt Line Street Ry—
1st 5s 1939
M&N /
3
124 M
Utica El L & P 1st 5s 1950...J&J

96%
87
96

96
4

126

3

75

80

110

J&D

Virginia Electric & Power—
1st & ref M 3 Ms B1968—bd
Virginia Public Service Co—

75

107M

PUBLIC UTILITY STKS.
Alabama Power $7 pref-

*

108 M

1st

M&N

74

70

73

66

69

45

48

125

100

4%% cum preferred

22

Certificates of deposit—...*
Bklyn & Queens Transit com...*
$6 preferred
.*
Certificates of deposit
*
Bklyn Teleg & Mess'ger (gu).100
Brooklyn Union Gas
*

$1.60 prior preferred
25
$5 1st pref
*
Cable & wireless Ltd—
Ordinary shares
Amerdeprec 7M% A ord--£l
Amer dep rec B ord
£1
Amer dep rets 5M% pref£1
Calif-Oregon Power Co—
6% preferred series of 1927-100
6 % preferred
—100
Calif Water Serv 6% pref
25
Calif Water & Telep 6 %pref
25
Camden & Rockland water..100
6% preferred—
—.100
—*

1

95

96

130

5s 1949.

102 M

Washington Water Power Co—
104 M

105 M

7
7

9

Waterloo Oea Falls & No Ry—

r/
/

9

Preferred S6 series

100

6% preferred

American quotation.

& Basis

/Flat price

21M
22 M
35

95

10%

12*
96
86
150
10
92
100
105

-

104
.80

•

-

•

t

„

.95
40

38

13
108

13M

105

lioM

76
70

72M
94
94

97

100

1M
14
3

12

2m
100

2%
1%
15M
3%
13M
%

5% preferred

2%

6% preferred....
Cent & S W Util com

2%
38

80

85

M
14M
1%

16

13

14

%
49%
m
148 %
10c

%
2%

52*'
8
149

II

*

...50c
*

preferred.....

*

Central States Edison
*
Central States Pow & L $7 pf--*
Cent Vermont Pub Serv 6% Pf-*
Central West Co. v t c__
-5

Ohlc City & Con com part ctfii—*
Pref partic ctfs
*

Chicago Rys partic ctfii ser 1—100
Series 2100
Series 3—
100
Series 4
—100
Cincinnati Gas & Elec 5% pf 100
Jincinnati Street Ry
50
Cincin & Suburb Bell Telep—50
Cities Service com.......
10
Preferred
100
Preferred B
*
-

Preferred BB

20c

4M
6M

lien

100

100
...—-100

Preferred.
Prior

44

.........

Cent Ohio Lt & Pow 6% pf
Central Pow & Light 7% pref

27 H

43

*

$7 preferred
Central N Y Power Corp—

102

37

.........25

fd 1st preferred
*
Appalachian El Pow 7% pref —*
6% preferred...
*

2

70
70

91

2

1

Amer wat Wks & Elec com

5c

.100
100

6% preferred.........
58

—25

*

1

15c

91

*

—

16%
91

Central Maine Pow $6 pref... 100

.......

American Telep & Teleg—...100
Amer Utilities Service com
*

15

95

28

com....*

60

90

25

Amer Superpower Corp
First $6 preferred—

2%
18 M

83 M

93

Q% preferred. —
Amer Power & Light com—...*

5M% preferred

59 M

110

76 M

92

2H
%
12M

Amer States Utility com

100

74M

2%
M

103

19%

82 M

12 %

112

4M
140

Cent Illinois Light 4 M % pref. 100
Cent 111 Pub Serv $6 pref.——*
Cent Indiana Gas 6M% pref. 100
Cent Indiana Power 7% pref 100

*

$5 preferred-

|

5

Central Arizona Lt & Power Co—

...

93

W n wanta

|6 preferred.

3%

*

100
*
*

$6 preferred....
*
$7 preferred——...
*
Cent Arkan Pub Serv Corp pf 100
Central Elec and Tel com.
1
6% preferred
50
Cent Hud G & El com
*

—25
....25

Amer Gas & Power com

98




34

.....100
Casco Bay Lt & Water....... 100
6% preferred
100

103 %

91

.*
Amer Public Serv 7% pref...100
Amer Railways com
50c
American Service $3 preferred..*

110

a

65

99 M
122

10

Amer Gas & Elec new com

106

Washington Ry & Elec GoConsolidated 4s 1951
J

No par value,

32

—.20
*

Capital Transit (Wash, D C) 100
Carolina Pow & Light $7 pref —*
$6 preferred.
.....-*

Ameriran^LIght A Wactlon.

96

70

*

17

Varrants

97 M
100 M

94

Certificates of deposit.

40

70

103 %

-*

|6 preferred

113
40

Carolina Tel & Tel

7 preferred.
—*
7 second 2nd pref series A...*
6 cum pref*

100

99

1st guar

65

J&D

i2"

80"

99

1955

York Haven Wat&P 1st 5s'51J&D
York Rys 1st M z 5s '37 opt. J&D

$5 preferred
*
Alabama Water Service 6% pref.*
Allegheny Traction—See Phila Co
Allentown Beth Gas pref
...50
Amer Cable & Radio Corp
5
Amer & Foreign Pow com..
*

97

5s

Wyoming Vail P 8 6s 1971—A&O
Yadkin River Pow 1st 5s *41 A&O
Yonkers Ry—See Third Ave Ry
York (Pa) Gas 1st 5s 1941.M&N

102 M

*

Canada Nor Pow com
Canadian Marconi

..._•

2

110
5s stamped 1959
-J
Utilities Public Service Go—
Conv 6s 1933
J&D /
22
Vermont LtgOorp 1st 5s'44 A&O /
8
Vesten Elec Ry 7s 1947
J&D /
9

M

Corp—

Cum income 6s (w s) 1952-J&D
Wuerttemberg (Germany)—See
Consol Hydro-Elec of

2%
45

*

4M% preferred

/

1st

.--7-

107 %
mtge 4s 1961
J&D
36
Wolverine Pow adj 4 Ms Mar 1 '59
Worcester Transit Association—
Cum income 6s 1952
J&D / 60

5s stamped 1947

100M

4Ms 1941
——M&S f
Utilities Power & Light Corp—
Deb g 5Hs 1947J&D f

1947

101

127

1st

5Ms stamped

105

1st

Upper Mich Pow & Light—
1st mtge 4s ser A 1959..-F&A

Utica G & El ref & ext 5s '57 J&J
Co Bids (Kanata Realty)5s 1956
F&A
Utica & Mohawk Valley Ry—

100

Wisconsin Public Service

67
37

Buffalo Niagara & East Power—

46

-

74

100

Ry com

————.—

4s June 1 1940

78

130

101

98

l\tH

100

Class B

92

Unterelbe Power & Light Co—
Sink fd M 6s 1953
A&O /

Co

Brooklyn Edison....
Bklyn Manhat Transit...
$6 preferred series A

105

____

90

150

-100

Brockton Gas Light Co v c c—25

44

5M

-

104

106 M

100

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Corp A

100

44

Con g 4Hs 2004———J&D /
Unit Trac (PL
(Pgh)—See Phila Co

pref

/

5

3M

Brazilian Tr Lt & Pow ord

16

101

•

1.50

18¥
*

130
110

;.

-

Boston Elevated

35c

100

25
100
Birmingham Elec 17 pref*
$6 preferred*
Birmingham Gas common....--2
$3.50 prior preferred
50
$6 preferred
10
Birmingham Wat Wks 6% pf.100
Blackstone Vat Gas & El pref. 100
Boston Edison

Wat 5s

4s June 1 1941

pref-100

..

57%
55%
101M

56

1st mtge 3 Ms 1966A&O
Wisconsin Hydro-Electric Co—
1st M 5s 1947
A&O
Wisconsin Michigan Power Co—

Ltd—__

*

-

Beverly Gas & Elec

1952—M&N
1952—M&N

Coll s f 5M* ser A
Coll s f 5Ms ser B

-25

Blddeford & Saco Water

Wisconsin Gas & Electric—

40

*

92 M

92

36M

1

120

...100

Bell Telep of Pa 8 M %

14

98

*

Bangor Hydro Elec com
7% preferred
6% preferred

92

Telegraph—
Fdg & R E M 4 Ms g '50--M&N
25-year g 5s 1951.
J&D
30-year Sb Mar 1 1960--.. K&S

*64

3

*

Bell Telephone (Canada)
Canadian Price

Union

'

-

-■—

100

.......

Beauharnols Power com
Beaver Valley Water 6%

103

95

%
%
•'

13

-100
—100
Bear Mt Hudson River Bdge—*

106 M

%
%

24

Bait Transit Co v t c—
Preferred v t c

10

M&N

1st mtge 3 Ms 1961
Wisconsin Power & Light—
1st mtge 4s ser A 1966
Serial debentures—

....

.*
Telep Co Ltd SI .25 pf
*
Teleg $6 pref
*
$7 1st preferred
100
Class A

105""

95

78

Atlanta Gas Light 6% pref
Atlantic City Elec 16 pref

2

103

7

83

1%
%
%
%

Assoc Telep &

124

104 %

1%
2

%
%
%

see Investing Companies
Associated Public Utility..

79

44

81

*
..*
*
*

-

Option warrants.......
Assoc General Utilities—

104

.*
1
1

7

6M
42%
1%
1%
6%
86

*

.....

85

94

9

pref
.......

Original preferred.
$4 preferred
$5 preferred
$0 preferred
$6M preferred
$7 preferred

75

M&N

Wheeling (W Va) Electric Co—
30%
1st M 5s 1941 opt
M&N
Wichita Water 6s 1949
M&S
1st M 5s 1956ser B
..F&A
1st M 5s 1960 ser O
_M&N
81
Williamsport Water Co—
109 M
1st M 5s Aug 1952ser A.
F&A
78
Winnipeg Electric Co—
111
Gen 4-5s series A 1965
J&J
75
Gen inc 4 -5s ser B 1965
J&J
82 M Wise Elec Power 3 Ms 1968-A&O
Wise Fuel & Lt 1st 5s 1948..M&N

.

City & Sub Pub Serv 5s '34.J&J

117
110

102

10
*

Associated Gas & Elec com
Common class A

108

1st 5s series B 1950
.J&J
Deb s f 6s extd 1950
M&N
Western Public Service Co—
1st & ref 5M» I960
F&A

15-year s f 6s 1952

6% preferred..

104 M

115M

'52-.J&D
100M
Westphalia United El Fr (Germ)
1st M s f 6s 1953
J&J f
10M

95

r

United Securities Co

4s 1948-1953—
A&O
Western Oont Util 6s 1944.-M&S
Western Lt & Telep 5s 1954-A&O
Western Mass Cos—

Western

55

Assoc

1st mtge 4s 1961
A&O
Westchester Elec—See 3d Ave Ry
Westchester Lt 1st g 5s '50--J&D
Gen mtge 3 Ms gtd 1967
J&J

Westmoreland

United Light & Power Co—^
Debg 6Ms 1974—-----M&N
1st 1 & consol 5Hs 1959--A&O

United Rys of St Louis—
Gen g 4s July 1 1934

98 M
104 %

Virginia Water Service—

1st M 5Ms 1950
1st M 5s 1951—

87

J&D
J&D

— -

.....

6% preferred

J&J

3M% coup notes 1946

74%

1

50

Arkansas Nat Gas common.....*
Class A...
.._.....*

102

Westchester Service Corp—

Union Gas & El 1st ext 5s '40M&S
Union Gas Co. of Canada—

lst4Ms 1950--

75

West Virginia Ohio River

64

A1952—J&D

1st serial 4s 1940-42
1st serial 4 Ms 1943-45

Common.............
6% preferred

80
101

West Texas Utilities Co—

2

1st lien & ref 5Ms B 1952. -J&J
Twin States Gas & Electric—

Union Eiev

M&S
J&J
-M&S
Penn Tr 1st 5s I960--J&D
Philadelphia Pass Ry—
ext 3 Ms 1956
A&O
extended 5 Ms 1958—M&N

■

Arkansas Missouri Power—

Ry—See Boston El

West End Trac—See Phila Co
West Ohio Gas 1st s f 5s 1958J& J
West Penn Elec deb 5s 2030.A&0

5%

4%

preferred-—--*

114

Ask

Bid

Edison com
Arizona Power $6
Arizona

West Penn Power—

1968—-J&J

Toledo Edison 3M«

Stocks

Ask

Bid

Waukesha Gas & Electric Colst
5s
1959
J&J
West Canadian Hydro-Electric—
1st 6s ser A 1950
J&J
Conv deb 6 Ms 1945
J&J
West Coast Telep 1st 4s '64-M&S
West End St

91H

79-F&A

J

cities Serv Pr & Lt

$6 pref

*

-•

$7 preferred

108 M

89
110
109

Citizens Traction—See Phila Co
Citizens Utilities com...—
1

•

92%
83

75M

A Last sale,

n Nominal,

r

Canadian price.

*

-

-

-

94

86

98 M
91

103
93

%

%>
38

42 M

93H

94%
1M
4%

4M
102

-

1
----

-

-

-

1M
%

%

101M
2%

103

2M
90

86

4%
60M
5M

5
62
6

57
89

55
84
93

98

M

Citizens Gas Fuel com.....——*
Citizens' Pass Ry—See Phila R T

106

77

75

1

Ex dividend.

1%

1M

possible for the closing day of the month preceding the date of lsaue

Quotations for all securities are as near as

Par

Stocks
Citizens Water Co of Wash

$6 preferred

103
101

«.

35

*

$4.50 preferred
Cleveland Railway

108

-.100

100
100
.100

70

55
54

Columbus & Southern Ohio Elec—

6% preferred A
100
614% preferred B_
-•.100
Commonwealth Edison Co-.
25
Commonwealth Gas
Commonwealth & Sou Corp com

110

_.

109

264
4
4
4e
46 4

Optional warrants
$6 preferred
*
Commonwealth Tel (Pa) 7% pf 20
Commonwealth Utility 64 % pf. '

New

95

Light-

Commonwealth Water &

6% preferred
7% preferred
Community Pow & Lt

6

n

*
com

107

old.

—

M,

—

13

64
344
284
4

74
374
304
4

25

30

First preferred 6%
100
Community Pub Ser com
..25
Community Water Serv com..
7% preferred.
*
Concord Elec Co 6% pref
100

115

-*

38

43

•

37

39

—

Common

Conn Gas & Coke Sec pref

*

Common..

Connecticut Light & Power

52

44% preferred.

6

*

10

6

8

684

100

110

*

44 % pref series B
Cons Edison Co of N Y

25

com

$5 preferred..
*
Consol Gas Co (Pgh) pref
50
Consolidated Gas Utilities com.l

70
13

1004

254
1024
37

33

14

14

Consumers Gas (Toronto)
3onsumers Power $5 pref

100

r

30
■

—.

Cuban

com v

t c

9

14

East Middlesex Street

44% prior preferred
Ry com
6% 1st pref stamped
6% pref B stock
5% adjustment stock

—

6
n

100
100
100
100
100
100

8

154
40

41

60c

70c

54

58

74
14

15

23

6
*
*
♦

common

-

El Paso Nat Gas

—

Eliz & Trenton RR

100

*

100

50

com

70

34
234
204
94

"34
234
21

114

Company

Falrm't Pk & Hadd Pass

210

218

Fall River Elec Light..

Indiana

66

63

63

85

60
10
Ry—See
25

50

9

64
66*

Without

par

price,

value.

90

4
Co.

IT Now being traded
a; Ex-dividend.

t New stock,




General

16
1

33

Market St Ry(San

50

4
34

72
86

Francisco)
6% prior preferred..
-.100
Light Associat'n-

34

Mass Power &

15c

5c

4
54

110

-v

-

-

'

84

"I"

4
3

34

Common with warrants

*

50c

*

20

Common without warrants__

4

100
100
*

6% preferred
100
64% preferred—
100
Indianapolis Ry Co vtc
100
Indianapolis Water 5% pref100
Interboro Rapid Transit
100
Certificates of deposit
Internat Hydro-El Syst A
25
Conv pref $3.50 series
50
Internat Ocean Teleg (guar) —100
—

Power Securities

4

100

100

107

110

Middlesex

86

26

32

35

54

57

34
54

1034

1094

110

69""
144
144

204

194
974

100

103

104

4

6

"24
3

64

64

4

25"

"24

24
24

24

*

34
34

3

24

*
400

13

15

65

70

100

30

35

66

68

77"

79"

94

95
98

34

44

34

44

100

12

14

7% arrear certificates
—100
Italian Superpower—
See Investing Companies.

14

16

as

73
83

704
105

4
94

*

34

Monongahela L & P—See PhilaOo
Monongahela St Ry-r-8ee PhilaOo
Monongahela Valley Water—
7% preferred
100
Monon-West Penn P S 7% pref 16

98

274
54

com.lO

5% preferred
6% preferred

72

100
100
•

Montana Power 6% pref
Montreal L H & Pow Cons

83

95

*

164

40

40

100

43

—10

44
134

com

50

38

Mountain States Tei & Tel--100
Nassau & Suffolk 7% pref
100

127

5% preferred

National City Lines com
Class A_
,
conv

preferred

National Gas & Elec

com

18

1

114

-.10

24

50
10

36

34

National Power & light com

$6 preferred
Nebraska Power 7%

6% preferred
Nevada-Calif Electric

6'

*
1st pref 100
100

774
1104
108

100

1

100
New Bedford Gas & Edison Lt-25

20

com

Southeastern Telephone Co.

$7 preferred

55

27

128

4
55

94
8

51

100
50

New Jersey Pow A; Lt $6 pref—-*
New Jersey Water pref—
100
New Mexico Gas com

6% preferred-.—

t Called July 1 at 105 plus dividend,
.

17

$6 preferred
$6 prior pref

3o"

101

7

55

*

134
130

27.

*

$54 preferred stamped
*
*
6% preferred
100
$2 preferred
*
New England Pow Co $6 pref.100
New England Pub Ser com
*
$7 prior preferred
*

New England Tel & Tel
New Haven Water

*
100

A

•

72

New Eng Pow Assn com

97"

*

ser

4
4
81

New Eng Gas & Elec Assn—
100

.--15

Common

pref

2 4

Preferred

Iowa Southern Utilities—

cum

24

100
.100
6% preferred class A
100
Minnesota Pow & Lt 7% pref 10(
$6 cum preferred
100
Mississippi Power $6 pref
*
$7 preferred
*
Mi88 Power & Light 6% pref
*
Mississippi Riv Pow 6% pref_100
Mississippi Valley Util
*
Missouri Pow & Lt $6 pref
*

$3
23

20

2*'

lien

Mountain States Power

76

~2~

*

Jamaica Pub Service Ltd
Preferred
Jamaica Water Supply

prior

Montana Dakota Utilities

24
.24

54

*

Missouri Pub Service com

30

Investing Companies.

arrear certificates

5

com

com

Convertible pref A.
*
Midland Util 7% prior lien. .100

25

6% preferred A
100
64% preferred B
100
7 % preferred C
—100
Iowa Power & Lt 7% pref—100
Iowa Pub Serv $6 pref
*
64% preferred
*
$7 preferred
*

6%

Corp

Midland United

50

7% preferred class A

101

124

Water.

Middle West

89

24
244
54

Utilities—

Common

~2~"

100

100

-.

88""

Investors Telephone com
Iowa Electric 64« pref

105

100

Mexican Utilities preferred

..

20

$6 preferred

103

Michigan Consol Gas

«.

79

Interstate Natural Gas
Interstate Power pref $7

102

•
*

—

10C

*
*

*

114

Units.

100
.100

34
92

*

110

Montreal Telegraph
Montreal Tramways com
Mountain Fuel Supply

*

Foreign share ctfs
International

2

101

Service—

Common

R T

11*

16

100

47

6%

7% preferred

$5

*

—

31

66
12

55
19

124

..

~4~"

109

53

8

25

.

Marion (Ohio) Water 7 % pref.100
Marion Reserve Pow $5 pref
*

—100

63

72

Fed St & Pleasant Val—See Phila

Canadian

----50

7 % preferred-

Light & Tr com
15
Preferred ($6)
*
Federal Power & Light com.-.50

Modified 5% guar

57

34

Indiana Hydro Elec 7% pref_100
Indiana Service Co 6% pref—100

See

63"

634
62 4
604
604

64
284
284

Certificates of deposits

Iowa Elec Lt & Power Co—

Federal

r

*

50
*
Indiana Assoc Telep $6 pref—-*
Indiana & Michigan Electric—
7% preferred
100

43
60

14

Marcon Int Marine Commun'y—
Amer dep rets for ord shs_... £1

7

$6 preferred
Illuminating Shares class A..

115

62

Fall River Gas Works

3«

51

Illinois Iowa Power common

Internat Teleg of Me (gu)
International Telep & Teleg

55
62

Phila

83

100

55

100

International Ry v t c_

64

103"

25

100

_

60

110

*

non-cum

Internat

59

.100

:

Manhattan Railway 7% guar 100
Certificates of deposits

50

50

96

*

European Elec class A

$7 preferred

$5 cum preferred
$6 preferred series C
$6 prior preferred
7% prior preferred
Mexican Northern Ry com
Preferred.

284

*
25
1
*
*

$6 preferred
Erie Coach

25

10c

Memphis Natural Gas
Metropolitan Edison Co—

274

110

100

6% preferred

22

14

92

109

100
100

Empire & Bay State Tel (gu) 100
Empire District Elec 6% pf—100
Empire Gas & Fuel Co pf 8%-100
Preferred 7%
100
64% preferred
100

Empire Power Corp—
See Investing Companies.
f Empire Telephone com
6% Preferred.
Engineers Pub Serv com
$5 cumulative preferred
$54 pref (with warrants)

75

11

International Power Co
1st preferred

50

Preferred

5
44

72

Lowell Electric Light
Luzerne r?0 Gas & El $6 pref.100

Indianapolis Power & Light—

1

--.-100

Elixabethtown Water Oonx
Elizabeth Consol Gas

100

12

1
•

44

95

*
*
*

110

Louisville Railway Co
Preferred

104

60

514

60

104

100
100

7% preferred

100

81

92

25

Indiana Telephone Corp

34

100

3

com

Preferred

50

164

100
100

...

Warrants

3 4

44
594

*

$2 Preferred

24

3

"

22

$6 preferred
$5 preferred
Electric Ferries

6% preferred—
8% preferred
Elec Power & Light Corp
$7 preferred
ib preferred
2d pref series A
Optional warrants
El Paso Electric Co (Del) —
Preferred series A 7%

6% preferred-

95

pf-*

5% preferred

12

43

6% preferred
2

19

Electric Bond & Share—

Essex

98"

*

"4

33

Arrears certificates—
Illinois Power & Light—

2

*

com

88

lO"

1
100

5% conv preferred

84

*

Util Assoc

35

254.

10Q

Louisiana Power & Light $6
Louisv Gas & Elec com cl A

40

16

25

Telep & Tel eg

Conv stock

7%

25
-.25

com

preferred
100
Huntington Water 7 % pref—100
Idaho Power 7% pref
100
6% 1st preferred
*
111 Comm'l Telep 6% pref
*

24

12

—

-

10

30

-100
Gas

374

*
100

*
*

5%

5

States

Long Island Lighting com
7 % preferred A
6% preferred B
Longview Bridge class A

26

72
25c

135

92

Eastern

25

Preferred

8

*

6% preferred

48

Corp

Haverhill Gas Light

-

3

2

Eastern Mich Transportation
Eastern Minn Power 6% pref

Easten

Electric Light

6% preferred
-

4

East Shore Pub Serv 6 4 % pf 100
Eastern

Hartford

Hudson & Manhattan

1

100

Eastern Mass St

47

24

Houston Natural Gas com..

Eastern Gas & Fuel Assoc's com

6% preferred

Lone Star Gas

1

10

c..

Ry

184

Haverhill Elec Co

■

14

t

17

104

994

5c

8

Light & Pow Securities Co
Preferred

324
34

Holyoke Water Power
Houston Lt & Power $6 pref

684

4

72

*

15

70

Hestonville M & F—See PhilaRT

Light—See Phila Go—
•
*

98"

*

100

13
65

1014
294

10

Duqueaae Nat Gas common
$4 preferred
$5 preferred

100

*

*

49

9

v

Lexington Telep 6% pref

9

25

Water

Havana Elec & Util $5 pref

112

99

95

25
*

preferred

8

_*

100
100

4

82

45

100

40

55

20

*
100

25

75

25

29

Duke Power

East CoastPublic Service

40

3

65

Maiden & Melrose Gas Lt
Manchester Gas pref

Preferred

110

Detroit Edison

Duquesne

40

40

112

6% preferred

75c

555

38

106

100

Preferred

Derby Gas & Elec $7 pref
Detroit & Canada Tunnel

52
105

94
90

♦

109
27

100

100
Kentucky Utilities 6% pref.. 100
7 % junior preferred
50
Keystone Pub Serv $2.80 pref. *
Keystone Telephone $4 pref—-50
Key West Elec 7 % pref
100
Kings Co Ltg 7% pref
100
5% preferred
-.100
Laclede Gas Light
100
5% preferred
100

25

Havana Elec Ry com

103

108

1064
1064

6% pref--100

Maiden Electric Co

107

108

34
114

8

Harrisburg Bridge—
20
Harrisburg Gas 7% preferred. 100
Harrisburg Rys common
50

3
51

103
98

-

Lt

&

99

Hartford Gas

6% preferred
100
64% preferred
100
Dallas Power & Light 7 % pref 100
6% preferred
*
Danbury & Bethel G & E pf
25
Dayton Pow & Lt 4 4 % pref.100
Denver Tramway com
*

„

96

$5.50

Cumberland Co (Maine) Power
& Light

Pow

44% preferred

'

Lynn Gas & Elec Co
Mackay Companies 4% pref.

Hamilton Gas common

4

Kansas

*

87"

87

5

7% preferred
7% preferred

150

1104

*

10

7% pref class A
Hamilton Bridge common

47

14

6% pref

85

;

Hackensack

.1

i.

«

105

6% preferred..

-

113

*

Common

944

100
100

Telep common
6% preferred

Cumberland Gas

-

764

99

14

-

22

Gold & Stock Telep (guar)

93
84

14

*

Kansas Gas & Elec

-

-

90

97

100

—

7% preferred

Kansas Power Co

31

*

7% prior preferred

•

100

Lexington Wat Serv 7% oref_100

1

100
Green & Coates—See Phila R T
Green Mt Pow Corp $6 pref— _*
Greenwich Gas $1.25 pref
*

8c

*

100
100
7% pref. .100

Common

-20

Gulf States Util $6 pref

159

Continental Gas & Electric—
Continen Pass Ry—See Phila R T
Crescent Public Service com

-

80

118

Kansas KJec Pow 6% pref

30
V.'

904

-

Preferred

51
95

-

*

$4.50 preferred

103

Ask

Lawrence Gas & Elec Co
Lewiston Gas Lt 5% pref

Georgia Power $6 preferred —
$5 preferred
*
Georgia Power & Lt 6 % pref
*
Gerinantown Pass—See PhilaRT
Gloucester Elec Lt Co
25

-

28

96

Greenwich Water Sys 6% pf__100
Gulf Power $6 pref erred—...—*

J—See P S Corp

Cons Trac (Pittsb)—See Phila Co
Consumers Gas (Reading)..
25

Bid

.

•43

18

$3 preferred

4

4

100
*

Warrants...

Par

5 4% preferred.
100
Kansas City Power & Light—
1st pref $6 series B
*
Kansas City Pub Serv
*

23

Companies.
General Pub Util common
*
5% preferred
Gen Telephone Corp com
20
$2.50 conv preferred... ....50

43

41

%

„

See Investing

Gen Telep Tri Corp
Gen Wat Gas & Elec com

118

25

Consol Elec & Gas $6 pref
Cons Gas E L & P (Bait)

+

54

115

Connecticut Ry & Lighting—100

35

32

23

$7 preferred
~
$8 preferred
Gen Italian Edison Elec Corp—
Amer shs for ordinary stockGeneral Public Service Oorp—

4

-4

*

Connecticut Power

Cons Trac of N

—

100

5,4 % preferred

304

32

...—

11

wi

common

104

4
284
294

Elec Light.
38
Florida Power Corp 7 % pref—100
100
109
Preferred $50 par
49
244
Florida Power & Lt $7 pref
*
93
106
25
-100
44 Florida Telephone
120
8% preferred
100
75
Frankfort Kentucky Nat Gas..85
26
63
Frankf'd & S'thwark—see Phila R T
59
21
Franklin Telegraph (guar)...100
112
Gandy Bridge common
*
14
140
Gardner Elec Light common. 100
111
Preferred
100
105
264
3
4 Gary Elec & Gas common...
11
♦ r
% Gatineau Power com—
3
48
32
6% preferred
100
54% preferred
100
474
Gen Gas & Elec (Del) com A..*
99
5% prior preferred
*
25
$6 cum conv pref ser A
*
25
$6 conv pref ser B
*
Fitchburg Gas &

Stocks

Jersey Cent Pow & Lt 7% pf.100
6% preferred
100

Ask

Bid

*
*
*
60

—

$64 preferred
$7 preferred

-

37

224
1024
44

Coast Co Gas & El 1st pref-_ 100
Oolum G & El Corp (Del) com..*

6% preferred series A
5% preferred
5% conv preferred

-

-

100

*

common

Pat

Federal Water Service com A..*

7% preferred
...100
City Water Co (Chat) pref
100
City Water (New Castle) pref .100
Cleve Elec Ilium

Stocks

Ask

Bid

(Pa)—

79

STOCKS

UTILITY

PUBLIC

June, 1940]

113
73
100
97

5

4

50

38

k Last sale,

n

Nominal,

80

PUBLIC
Quotations for all securities
r

Stocks

Bid

are a* near as

Ask

18

*

0

0
*

97

23)4

25)4

Philadelphia Rapid

45

50

12

15)4

5

16

*

Option warrants.

23

;
0

N7<&
5%

Queens El Light St Pow-

107

2)4
40

45

3

97

100

I

19

17

0
3

354

3%

74)4

77)4

70

74

3

95

West Phlla Pass guar
Phila Suburban Wat 6% pf

16

1654

49)4

53

?

47)4

48

{
i

%

/8

1

Northeastern Wat St Elec com..

70

I
;
j
!

—j

68

H
47
47
2)4

50

*

(Del)

A*
45

48

95)4

97

X

>
)

354

10)4

100

64

77
9

15
47

79

82

83

86

29

30

20

23

1)4

49)4
15

95

102

111)4

113

110

112

87
6% preferred

96

10454

9Z

7 %preferred
Ohio Service Holding com.

103

Units
Ohio Water Service A

160

106

40
38

...

com..

38
107

109

95

6% pre
Okl a Nat

98

1354

15

41

45

100)4
Omaha & Council Bluffs Ry—
St Bridge Oo 4% pref
1

103

35c

—

2)4
9)4

3)4
954
98

80)4

Oregon Wash. Water pref.
Preferred.

r

$5 preferred.

38

75)4
72

Service—

5X

16

8%

114

...

preferred

19
120

140

Pacific Telep St Teleg

147

Panhandle Eastern Pipe Line
Pecos Valley

I'ow & Lt com

Penn-Ohio

110

112

56

61

108)4
97 H

95

54

Pennsylvania Edison Co—
12.80 preferred.........

32

39
61

Pennsylvania Gas

59
12

"4"

"8~"

15

1

Pennsylvania Power $5 pref...

IX
109
105

99

preferred

106)4
103

-to

101

93

....

Pennsylvania State Water, pre
Pennsylvania Telephone Co—
$2.50 preferred

95

97)4

102 X

54)4

$5 preferred.

55)4

55

57

111

Peoples Gas & Fuel Corp.
PeoplesQL&c (Ohio.

/

■

14
26)4

2654
1)4
IX

1 )4

/

85
14

15

80)4

85 X

99

5)4
69

6

3654

76)4
42)4

71

73

a

54
254

Citizens

IX

112$

114

X

PhUa St Darby—See Phlla R
PhtJa & Grays—See Phlla R

Philadelphia Elec Co com
$5 preferred
*

x

....

Without par

Ex-dividend.




value.

1

67

190

200

97

99)4

101

105

110)4

114

is$1
69 >4
5X

18

19)4
7054
11

20X

454

454

60

....

T
T
29

30
116

1 at

98
93

114

80

110

113

*

44

•
....1

5c

1754

9

18)4

13)4

115

~~i2

IIII

X

50

78

-

82""

13 X
23

16

18

24)4
25)4

It*
IP

ilH

29%

30 H

Southern Calif Gas Co—

100

1
..♦

.......1

$2.75 preferred
$3 preferred
United Utility Co common
Utah Power & Light—
$6 preferred
$7 preferred

•
•

.10

23)4
9H
IX

95

Southern New Eng Telep—_10u

140

itH

102

95

354

3X

40
103

9754
90

103

154
1454

1354

254
15
10

107
7

7

8)4

29)1
79
69
1

)4
10)4
107)4
108

20)4
73)4
74)4
84)4
1

X
X
19)4
21)4
2)4

•

49

54

9)4
7)4

110)4
63

60

*

...

100

99
10

610

1654
104

West Ohio Gas new com
West Penn Elec Co class A
7% cum preferred

100

cum

*

Common
Preferred

*

100

90)4
2254
106

91)4

Bridge—

.——————*
*

*

West Va Water Serv 8% pref—.*
Western Lt St Tel com.....
1

25
Massachusetts Cos....*
N Y Wate»- pref.
—*
Pub Serv $1.50 pref
.*
Union Telegraph—
100

Preferred

Western

154
85

100
100

preferred

...

Wheeling Bridge............100
Wheeling Elec 6% pref
_—100
WiUlamsport Water pref-......*
Winnipeg Elec class A...
*
Class B.
.--*
-

Preferred
Wise Elec Pow 6%

........

-;100

pref (1921) 100

6% pret (1897 series)..—-.100

94

55c
24
25

13

14)4
101
110
100

100

-

-

-

-

_

1.10

1.10

1.25

6

7

lI6""

lI4""

754

454% preferred

Wise H ydro-Elec 6 % pref.... 100
Wise Michigan Pow 4)4% pref—

8)4

92 X

94

45

50

105
97

100

95

7% preferred——........100
Wisconsin Pub Ser Corp 7% pflOO

98
104

100

100

98

100

97)4
15)4

.1
—5
Worcester Trans Assoc—.—..-*
York (Pa) Railways pref———50
York Water Co
-25

Wisconsin Pow St Lt 6% pref.

6)4% preferred

Southwest Consolidated Corp
1
Southwest Gas (Okla) 7% pref 100

99
92

154

60

100
.7)4

5X
2X

X
15

*

Common
29

100

/Flat price.

*

Western
Westmoreland Water pref—.—*

103
113
12

*
25

6

.......*

1st pref

cum

Western
Western

7

22

110.

A

com

Prior preferred

15

25

4.8% cum preferred

United Lt Sc Pr
Common B

West Va Ohio River

114

Southern St Atlantic Teleg (gu) .25
South Calif Edison common—25

6% preferred series A
25
6% cum preferred
25
Southern Calif Water pref.....25

96""

90

......

West Phlla Pass—See Phila R T
West Texas Utilities $6 pref..—.*

18

100

South American Utilities com.50c

.25
—25

27

115

95""

$7 pref series A_.
...»
Warrants
United Gas Improvement......*
$5 preferred
United 111 Co of New Haven..—*

4)4 % preferred

96

5H% preferred series O—..25

25)4

)4

West Penn Power Oo com.

112

7 % preferred
.100
Southeastern Telephone com..

X
4

40

6%

X
7

25
..100

85

.

105

Washington Wat Pow 6% pref—*

54
3

100

Preferred
Southern Indiana G St E—

•

Wash (D O) Ry St El com
Partic units..

16

2

r

-

X

United Gas St Elec (Conn) com.*
7% preferred...
...100
United Gas & El (N J) 5% pf.100
United Gas Corp com....—.
1

.

25c

H

17

Southern Canada Power

....

$3 cum preferred
Warrants

4)4% conv prelerred
.—100
Wasu Lras St Elec 7 % pref..
100

46

14

Sierra Pacific Pow common....*

..

5% preferred
Union Gas (Canada)
Union Gas System com....—10
Preferred.
50
Union Pass—See Phila R T
Union St Ry (New Bedford)-.100
Union Traction—See Phila R T
United Corp
___...*

Common
117
115

111

6% preferred.

Texas Power St Lt 7% pref.-.100
6% preferred
*
Third Avenue Ry (N Y) —...100
13th & 15th Sts—See Phila R T
Tidewater Power 8% pref
*
Toledo-Edison pref A 7%
100
6% preferred.
100
5%
preferred
100

1

54

111

100

—

3

3

Virginia Electric St Power—
$6 preferred
*
Virginia Pub Serv 7% pref.-.100
6% preferred
100
Washington (D O) Gas Light—

114

$4 preferred
1
South Bay Consol Wat 6% pf-100
Sou Carolina El St Gas 7 % pf. .100
South Carolina Power 6% pref..*
South Pittsburgh Water—

-

94

Utilities Power St LightOld 7% cum preferred
100
Utilities Stock St Bond Corp..
1

10

106
108

100
100

$7 preferred-

23

98

25c

83

9,

10

*

Preferred

23

19

10c

...

"154

...

Southern Union Gas com—
*
A preferred
..-.—25
113

100

95
91

1st $5 preferred—
100
2d $5 preferred
*
Second Ave RR Cop (N Y)
•
2d St 3d Sts Ry—See Phila R T
Shasta Water Co
*

Sioux City Gas St Electric

20

91

Texas Gas Util com
Texas Hydro Electric—

Claws B common..

95)4

100
100
100
1(X»

•

1)4
14)4
2%
11)4
54
54

Terre Haute Ele" 6% pref..
100
Texas Electric Ry
100
Texas Elec Service $6 pref.Till*

7% preferred
31

100

Shawinigan Water St Power
Shenango Valley Water pref
Sierra Pac Elec 6% pref..

254
10)4

14

72

United Public Service Corp..
United Pub Util com A

X

1

13

54
IX

110

United Light & Ry 6% pref...100
6.36% preferred
.100

30

74

St Louis Public Service—
•
New class A
San Antonio Public Service—
6% preferred...
100
San Diego Cons Gas St Electric—

common..

12)4

1Q0

6%

3
29

Joseph Ry Lt St Pr 5% pf—100
St Joseph Water 6% pref.
100
St Louis County Water pref. .100

Southern Nat Gas com

t Called June

117)4
102)4

68

60

Southern Col Pow com A

1/

55
20

130

50

Original preferred
*

14954

114)4
101)4

_.5o

6% preferred series B_.

Phlla City Pass—See Phil a R T

Philadelphia Co com

34

147 X

$5 prior preferred
*
Quebec Power common
*
Queens Borough G St E 6% pf 100
Rapid Transit Ry—See P S Corp
Republic Nat Gas
2
Rhine-Westphalia Electric PowAmer shares representing com
Rhode Isld Pub Serv $2 pref 2714

6% preferred

1)1
Scrip
—
$3 Preferred—

33)4

41X

125

Consolidated Trac of N J.. 100
Rapid Transit St Ry Co
100
Public Serv of Okla 6% pref—100
7% preferred.
100
Public 8erv El St G $5 pref
*
Puget Sound Pr & Lt $6 pref
♦

Scranton Transit

3

%

common.....

82 H

92

x

2)4
97

104

Union Electric Co of Missouri'

100
81

$5 preferred
•
Public Service Corp of N J_.__—*
8% preferred
100
7% preferred
100
6% preferred
100
$5 preferred
*

Scranton Electric $6 pref

*

Rap Transit (Minn)..*
7% preferred-.100

105

99""

IX
92

100

Twin City

114

102

Rochester Transit common.
Rockland Light St Power

100

Twin States Gas tr El 7% nref100

89

84

99

Seattle Gas common
2

6)4
8)4

6)4
754

40)4

Preferred

preferred

$3.50 preferred.

4)4

5 H%
preferred..
—10Q
Pottsville Water Oo
25
Power Corp of Canada com
*
Providence Gas Oo
*
Public Elec Light 6% pref.... 100

Ridge Ave Pass—See Phila K T
Rio Grande Valley Gas v t c

conv

Tampa Elec Co
7% preferred
Tampa Gas, 7% pref.
Tenn Eastern Elec
7% pref..

Corp common.....*
7% preferred
*

X
354

100

95"

Texas Power

113

Scranton-Spring Brook
Water Service 6% pref

Edison—

Warrants
Warrants B

70

111

31

2854
2954

73

65

117

30 X
3
31

1

68

106

7% preferred.
28

6)4

5

St

102

4

IX
2)4
45

43

114

6% preferred series O
6% preferred series D
5% preferred series E__
Rochester Telep $6)4 pref

16

2654
29 X
27)4

69
.........

91

X
154

Rochester Gas St Electric—

74
pioionou

104

86

.60

Riverside Traction

14

97)4

Tacony-Palmyra Bridge—

.

100

_*

..

Suburban Rapid Transit St
RylSO
Superior Water Light & Power—
7% preferred
100
Swiss Amer Elec 5%
pref.500 Fes
Syracuse Transit
*
Tacoma Ry St Pow Co...

5%

48)4

104

95

....

2654
29)4
26)4
37
100)4

(5X%)—...

Common

preferred

12
12

Pacific Public

non-cum

1%
2%

T

Potomac Edison Co 6% pref.. 100
7% preferred
100
Potomac Elec Pow 6% pref.-.100

85)4

r

R

1

Class A.

97

*>7p

Phila

100
100
Portland Gas St Coke 7% pref 100
Portland Gas Light
50
$6 preferred
*
Portland RR 5% stock
100
Postal Telegraph System—

Omaha & Council Bluffs St Ry1

1st preferred

20

-

92

92

54
2)4

$6 preferred
*
Public Serv Co of N H $6 pref—* x

2

4§
8

112

*

Public Serv of Colo 7% pref. .100
6% preferred..
100
5% preferred
100
Public Serv of Ind $7 prior pref—*

65 X
107)4
79)4

102%

100
;

PlainfieM Union Water.
Portland Eiec Pow 6% pref

4%

8)4
71)4

69

33
3

Philippine Long Dist Tel
100
Pittsburgh Suburban Water—
$5.50 preferred
.100

92

38
8

.....

34

Common

88

7%

Common
Preferred
Phlla Traction—See

104

90
>

11

48

46)4
46)4

50

Bid

..

6)4

7% prior preferred

Northern Indiana Public Serv-

Northern Liberties Gas..

5)4
8X

Phila Transportation Co-

)

Oo

50

16

54

Texas

20

30

332

132

Springfield City Water 6% pf 100
Springfield Gas St Elec preL... *
Springfield Gas Lt Co.
25
Springfield (Mass) St Ry CosPreferred
.............100
Standard Gas & Elec com
*
$7 cum prior pref
*
$4 cum preferred
♦
$6 cum prior pref.
*
Standard Pow St Lt com
"l
Class
B
"♦
Preferred
"*

40

2d

3

North

12

72

Philadelphia Traction
50
Ridge Ave Pass ($28 pd)
50
£ 3d Sts Ry guar.-....50
13th St 15th Sts Pass Ry
50
Union Pass ($30 5-6 pd)
50
Union Traction ($17)4 pd).50

3

J

$6 preferred.

54

Phila St Darby Pass Ry
50
Phil St Grav's Fy ($25 pd).—50

100

3

20

50

Par

Southwest Nat Gas $6
pref
10
Common
ioc
Southwestern G St E 5% pref"l 00
Southwestern Lt & Pr com A— *
$6 preferred
"♦
S'western States Telep com..—Il

1

X
2)4

50
50

.

105

*

Niagara Huds >n Power.

30

PhilaCityPass Ry($22 H pd).50

*

9

pr

108

99)4

29

.

12

103)4

pref
...25
Transit...50

Stocks

Ask

Germantown Passenger .;
Green St Coates Sts i$15
pd)
Hestonville M St F com
Preferred

24)4

7

-

Bid

7%
preferred
50
Citizens Passenger guar
50
Continen Pass Ry ($29 pd).50
Pairm't Pk & Haddington. .50
Frandf'd & Southwark Pass.50

104

0

Newport Water

month preceding tha date of issue

Par

Stock*
"hlla Elec Power H%

20

95

I

STOCKS

UTILITY

possible for the closing day of the

145
3
18

Wolverine Nat Gas com..
Wolverine Power Co—

"i"
5

106

2.

6)4

15

2554

2654

12

35

k Last sale

n

Nominal.

r

Canadian price.

t New stock,

Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not
appear
under the previous three headings, namely "Railroads"
"Investing Companies" and "Public Utilities."
In the
case
of stocks, however, we put "Textile Manufacturing," "Insurance,"
"Mining," "Real Estate and Land,"
"Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the
"Industrial and Miscellaneous."
NOTICE—All

bond

prices

are

Quotations for a'l securities

Bonds

J&D

/
r

Bonds

WA

0.50% due Mar
1.00% due Mar
1.25% due Mar
1.50% due Mar
1.75% due Mar
2.00% due Mar
2.15% due Mar
2.30% due Mar
2.45% due Mar
2.60% due Mar

31

100

99%

lOO"

Adams Express—

Investing companies

Advance Bag & Paper 6s '52. J&D V 103
Aeolian Co 6s 1944
J&J
90

Agar Packg & Prov 5s 1945-J&D

w w

1948—A&O

Grain

26
20

6%s

50
50

r

98

58%
52%

30

6s 1946 J&J

100"

f deb 4s '52.M&S

107%
99

92%
107%
—

108%
~

—

-

«.

93

109%
31

101%

102 %

Amer La France & Foamite—

J&D
M&S

23 %
90

Am Mach & Metals 4s 1943—J&J

50%

American Nat Co (Ohio)—
Extended 6s stpd 1943

37

M&S f

F&a
Debenture 6s 1944
A&O
American Type Founders Inc—
s

f deb

~7~~

100

Ames-Holden Tire & Rubber—
Income 7s Jac 1 1943
M&S /
Anaconda Copper Mining Co—
Sink tund den

4%s.1950.-A&O
Anglo-Chilean Cons Nitrate—

42

"§"

101%
90

50

95

41%

85
98

97

.J&J /

23

M&S

26

28

Arcade Mall Iron 7s 1943.-M&N

9

_

A-NY & B-NY Realisation—

5s. 1955—„

95

95%
95%
66

Arnold Print Works—
A&O

63

Arundel Bond Corp 3-5s Dec 1 '53
Arundel D ^b Corp 4-6s Dec 1 '53

85

Associated Mtge Co 3-6s Dec 1 '53

48%

52 %

_

60%

Laundries—
J&J

53

_M&Ni/

Bklyn Serv Station 5%s '46-J&D
Brown Coal Indus 6 %s '53—A&O /
Brown Co 1st 5%s 1946
A&O /
1st 5%s 1950 ser B
M&S/

Pap Co ext 4%s '41-A&O

Bruck Silk M Ltd 6%s '45-M&N r

Newspa 5s *45-A&O

J&J

Atlantic Ice & Coal 6s 1951.J&D

63%
92%

Atlantic lee Mfg 6s 1945
F&A
Atlantic Refg 3s debs 1953—M&S
Atl Bug Rof 1st s f 4s 1951— M&N

104%
99%

63
r

70

95%
70

97

Hill Falls Co 6s 1959.M&N

101
92

97

40

45

O-E to 1941-M&N

s

f extl 6s 1940

Income 5s 1958

s

f6%s

guar

8»

45%

49%

Crown Cork & Seal Co

90

100

M&S /fcl06% May 31
68

5% conv debs 1944
M&N
Fdy & Ma 5s '44. A&O

50

Betnlehem

Bethlehem Steel Co—
Purch

money

Cons M

s

f

6s

4%s

1998—Q-Feb
D '60..J&J

ser

138%

145

%

4%s to 1941
J&J
15-yrsfconv3%«debs '52 A&O
Cons mtge 3%s ser F 1959-J&J
Cons mtge 3s ser G I960.-F&A
Cons mtge3%sser H '65—F&A

105%
100%
97

99%

105%
100%
97%
100%

Called July 1 at 105.

k Last sale,




92

1 1948—
Certifs 5s May 1 1949—
Danish Prod L'n Fund 5s '40".J&J
Davidson Biscuit 5 %s A *45 A&O

90

89
25
99

2nd income 6s Mar
1946
Detroit City Ice & Fuel—

76

102%

4s

w

w

1948

/
F&A

23

42

40

77
87

Detroit Garages 5%s Mar 1948-/ 41
Detroit Har Term 1st 6s
'50.M&S /
25
Detroit Times 6s 1940 to '43 M&S b 98 to

92

Deutsche

60

62

30

35

5%

78"

Kentenbank—
s f 6s Oct 15*60
A&OIS /
Series B„_

Dickey (W S) Clay Mfg Co—~
Cum inc 5s (ex-stk) Nov 1 1949
Dom Coal 1st 4%s ser A
'52-A&O
Serial 3 %s 1940-1943
A&O

3

42

85%
45

95"
12
10

97

59

101%
67

61

Deb 4%« ser A 1951
M&N
Dom Woolens & Wors 6s
'53-J&J
Donnacona Pap 4-4 %s '56—F&A

r

84

87

r

68

r

71
80

76

80

10-yr 5 % % 'notes '1947—J&J

59

62

45

75

19%

21

59%

Dryden Paper 6s 1949
JP&A
Dufferln Paving & StoneDeb 5s series A 1955
Jan
Dumont (Allen B) Lab—

Dow Chem Co deb 3s 1951.-J&D

Central Coal & Coke—

90

8%
109

110

67

80

Oespedes Sugar 7 %s 1939
M&S
Ooampion Pap Corp 6s '45--F&a
Champion Paper & Fibre Co—
4%s a f deb '50('35 Issue)_M&S
4%saf deb 50('38 issue)-M&S
Ohateaugay Ore & Iron—
Guar gold 4s 1942
J&J

104%

107

102

104%

103

Chicago Daily News—
3%ssf debs 1950

102%

7

8%

it*

Dominion Steel & Coal
6%s 1955Dominion Tar & Chemical Co—

40

x

20

35
45

83%

Farm Ln

40

101
99

40

85

Corp—

8%

2 %-5s

6s

Corp 5s 1953

103%
30

57

90

95

Ooll

s

102

85%
104%

1952-J&J
J&D

88
40

40%

65

Eastern Dairies 6s 1949
M&N
Eastern Mfg 7s ser A 1938.-J&D
Eastern Racing Assn 5s 1945

Elk Horn Coal

70

99

70

105
96

99"

61

Eaton Paper 1st 5%s 1943.M&N
Elec Auto-Lite deb 4s 1952.F&A

27

56

60

Eastern Cuba Sug 7%s '37.M&S

85

100%

54

1949

Eastern Car Co Ltd

107%

98%

..-.-M&N
Durham Duplex Razor 6i 1955—
Durez Plastics & Chem—
4%s conv debs 1949
M&S
Earl Fruit 1st s f 5%s 1947—M&N
Eastern

94

8JK

155%

63

106

Eljer Company 5s 1951

Chicago Produce District—
1st cum Inc 5s (w-s) '48--F&A
Chicago Stk Yards 5s 1961-A&O
Childs Co deb 5s 1943
A&O

97

73

M&S

J Called June 15 at 101%.
r Canadian funds,

n Nominal,

96

94

1 1947—

60"

Oitiea Service Asphalt 5s 52_ A&O
City Ice (Kansas) 6s 1940—-A&O
City Savings Bank of
Budapest 7a 1953
F&A

*

"

90

Chilean Nitrate & Iodine Sales
Corp inc 58 1968
.J&D

jnterest.

/ 100

1 1945

1 1946

88

A&O

95

100%

75

Chic Grain Corp 3-5s 1952
A&O
Chic Molded Prod 5s 1949-A&O

loo"

Dairyland League—
Certifs 6s May 1
1944—
Certifs 5s May
Certifs 5s May
Certifs 5s May
Certifs 5s May

Chesap'ke-CampCorp4 %a'47J&J

70

78

a&O

72

30
20

1940.

J&D

Baush Mach Tool ext 5s '41.M&S /
25
Bayway Terminal 2nd Inc 6s '57- - /
*
17
Beaver Mills 1st 5s 1950
J&J
25
Bedford Pulp & Paper 6%s 1942.
100
Beech e reek C & <
5s 1944__ J&D
95
Bendix Home Appliances—

55
96

90

73

A&O /

101%
101%

95%

M&S

101

Central Steel 1st 8s 1941 ..M&N
Certain-teed Prod 6%s 1948 M&S

J&J

f deb 4s 1950

101

4

73
105

49

99

38

92

98%

101

71

34

J&D

J&J

Debenture 4 %a w w 1947-F&A
N on-cum Inc 4s B 1941
Central Foundry Co—
1st mtge 6s 1941
Gen mtge 5s 1941

105

104%
99%

100

58

100

Inc—

1950—M&N

« f deb 4%s 1948

s

4

104%

67

-J&D

55

F&A

I

r

Davidson-Boutell 5s 1946—J&D
De Bardeleben Co il
Corp—
1st- cum inc 5s 1957--Ann
April /
Deep Rock Oil 7s 1937 stmp M&S;/
Deerfield Glassine 1st 5s Mar '50
'/
Defiance Paper 6s 1939
J&Di
Delaware Floor Products—
I

M&S
M&S
Central Iron & Coal 6s 1938-F&A
Central Ry Term & Cold Storage
6%s 1952
A&O

Baragua Sugar Estates—

50

85

101

25-yr guar 5s 1955
M&S
Can Pow & Pap Inv 5s 1958-F&A
Canadian Vickers 6s Aug 1 1947-

Oelotex

Baldwin Locomotive Works—

f Nov

55"

3

rucible Steel 4%s A
1948..F&A
Tobacco 5s 1944.
J&D
Cudahy Packing 3%s A '55.M&S

5s

10

May 20

10";?S

s

96

Cumberland Ry & Coal—

102

1st n-c income 5s Apr 1951
Cassco Corp inc 6a 1949

100

J&J /

20

101%
101%

J&J

62

103%

M&S

Conv

Canadian Bakeries 6%i '45-M&S
Canadian Canners Ltd 4s'51M&N
Canadian International Paper—•
1st M 6s 1949
J&J

ir>

50

—

r

12

95

Cuban

90

90

Bait Steam Packet 5s 1942—F&A

105""

25%

Cemeritlst4%sserA'51 M&N

Canada SS Lines—
1st & gen 5s 1957

5%

Credit

15-yr 4s

1946

75

101

Without warrants

^

Camaguey Sugar—
7s Certificates of deposit-1942 /
18
Campbell River Tlmb 6s '41-J&J
118
Campbell Transportation Co—
Equip trust 4%s to 1946--M&S 54.40%
Equip trust 4s to 1951
J&J
96
Canada Bread 6s 1941
F&A r
73

"7"
10

94

Service—See Investing Cos
Crowley Milner 5%s 1946—M&N

75

35

102%

Fdy—

conv s f bs
1940-J&D
Coplay Cement Mfg 6s '41.-A&O
Cosden Petroleum conv 5s
'47 J&J

50

A&O

103

J&J f
16
14
Container Corp 1st 6s
46.J&LH5 tfclOPl32 May 27
Deb 5s 1943 with
wHrr
J&D f
102
Oont'l Invest Bond
85"
Corp 3-5s '53Oont 1 Invest Deb
67
Oorp 4-6s '53
Continental Oil—
Conv deb 2%s 1948
J&D
104%
104%
Continental Roll & steel

33

19

84

30
r

1941
JvI >
Cum conv inc 5s 1953
M&N /
Consolidation Coal Co—
Sink fund 5s
July 1 I960—J&J
Consumers Co (111) 5s 1956—J&J
Consumers Rock & Gravel—

J&J

20

95

94

81

8s

A&O

Calif Cotton Mills 1st 6s '40-J&J
Calif Dairies deb 6 %s 1942.M&N
Calif Group Corp 5 %» 1956 M&N

3%s 1942-454%s 1952

1st

72%

A&O
1943

Textile

71%

Byrndum Corp ext to Jan 15 1942
Calaveras Timber 1st 6s '38-M&N
California Consumers Corp—
1st lien 3-5s 1955
J&D
Calif Cooperative Creamery—
Deb

91

102%

Cosgrove Meehan Coal
6%s 1945Orane Co 3%s s f deb
1951. J&D
Credit Foncier
Franco-Oanad—

A&O

35"

33

70

F&a
Cum inc 6% notes 1950—F&A
8 f deb
3%s 1951 J&P

1st M

103%

Ann, Apr

Bldg 1st 5s stamped 1960
By era Machine 3-6s

52
97

101

Cum me 6s 1950

34

r

66

101

•"onsol Oil

32

J&J /

Burns Bros deb 5s A 1961--M&S
Burns & Co Ltd 1st s f 58 1958 J&J

104%

—

100
102

ser

Corp conv 4%s 1948 A&O
Carthage Marble Corp—
1st s f 6%s A 1942—
M&S

Avery (B F) & Sons 5s w w'47J&D

Bag 6s 1942

103%
100%

98

Carrier

fk 50

Bates Valve

102%

80

—.

6s1948

J&J

1948

102

Conv deb 4%s 1939
J&J
Autocar Co 7s ext 1947—M&N

Battle Creek Sanitarium—
lstsf 4%s A 1954

30%

97

Carribean Sugar—
Cum inc 7s 1941—
F&A
Carlisle Lumber 6s 1945---

Auburn Automobile—

6s 1947
Barber & Ross 4s 1945

32

53

103%

An Apr /

•

15

83

50
1

Consolidated Cement Corp—

Consol

35

10
29
28
98

1943.F&A

os

Consol Paper Corp 5%s
1961-J&J
Consol Press 6%s 1949
J&D

89
87

104%

Diesel Engine—

6% conv notes 1945
M&S
101
Atlas Pipeline Corp 6s 1945.M&N
40
Gen conv 6s 1950M&N /
3

Cum inc deb

102

M&N

series B

Can Looamotive 6s July 1953
Canadian National Steamship—

Atl Gulf & W Indies SS Lines—

Mtge 6s 1950

»'ulp & Paper—
M&N /

Canada Paper Co 3s 1940-41-J&D

1st M 20-yr 4s ser B 1955. F&A
1st mtge 4s series O 1957.-J&J

Atlas Imperial

68

Can

Armour & Co of Delaware—

Coll tr g 5s Jan 1 1959

66

lstsf 6s 1948

102 %

20

1st lien 4s 1952

27

1st 4s 1952
Cons g 5s Jan 1955

85

28

Trap 5s Aug 11946.

Anthony (E C)—
1st s f 6s (San Fran) 1942 J&D
1st s f 6s (Los Ang) 1942.-J&D

Atlanta

55

25

Bush Terra

48

102 %

Sink fund income deb 1967 J&J

1st 5s Feb 1 1952

47

1st 6s 1950

f

s

Ask

80

Connor Lumb & Land 6s
'41 M&N
Oonaol Biscuit lit
5%a B '46 M&S
1st 5%a ser O 1946
J&D

101

Gen sf 7s 1950

Bid

Columbia River Packers Assn—
Income deb 2s Oct 1950
/
Columbia River Paper Mills—
6s to 1943
A&O
Cum inc 5s April 1967
/
Commercial Mackay Corp—See
Public Utility Bonds.

M&N

1st 4s

F) 7s 1944

4% notes

111

2%-5s 1950—J&J

Antilla Sugar EstatesIncome deb 6s 1951 (w-s)

.v. Iron
Tncome ,5s 1970

1941—A&o

Buck

bonds

Bonds

Colo Fuel

103

4% notes ser F 1946
M&N
Burmeister & Wain (Copenhagen)

118

Am Wire Fabrics 1st 7s '42.-M&S
American Writing Paper Co—
Conv 6s 1961
Ann Apif

Animal

—_

1944
1945
1946
1947
1948
1949
1950

Brandram-flenderson 6s *56. J&D
Brit Col Packers 5s 1953
J&D

15-yr

J&J /
J&J d

Am Tobacco deb 4s 1951

Conf

1
1
1
1
1
1
1

Bryant Paper 6s A 1942

International Corp—
Investing Companies

Amer Seating 6s stpd 1946
Am Silica-Sand 6s 1951

1 1943..

J&J

Boston Wharf

1st 6s

defaulted

Colonial Colliery 6s 1954..-M&S /
Colonial S S Co, Ltd—
Gen mtge 6s w s 1954
J&J

99%
99%
99%
99%
99%
99%
99%
99%
99%
99%
97 %

45

Brush-Moore

American

'51

1 1941.
1 1942

Budd (E G) Mfg 6s ext 1941. F&A
Buffalo Gen Laundr 6 %s '41-J&D
Bullock's Inc (Los Angeles)—

American I G Chem Corp—
Conv deb 5%s 1949
M&N

o%% notes 1956
Am Lime & Stone 5%s

Ask

F&A

Bowser (S

and

Tractor conv 5s 1945.M&N
Climax Engineering 5s 1946.A&0

1947

Brown

101%

incoms

< 'leve

1940-1942

British Columbia
r

Alpine Montan Steel Corp—
1st sf 7s 1955—
—M&S /
Amer Airlines deb 4%s 1941-J&J
480
Amer Colortype 6s 1942
F&a
100%
Amer Dept St's (Pa) 4s '48--J&D
/
41
Amer Dept St's (Del) 6s '47-J&D
/
44

See

and

Bloedel Donovan Lumber Mills
6s

/

Conv 5s ser A 1948.:
M&N
Allied St,sCorpdeb4%s'50_A&<>
Debenture 4%s 1951
F&A
s

"f"

Blethen Corp (Seattle)—

Algoma Steel Corp Ltd—

Allis-Chalmers

Bid

Blaw-KnoxCo 1st M 3 %s '50 F&A

102
93 %

Alabama Mills 6s (w-s) 1953-J&D /
Without stock
J&D /
Albany 1'erf Wrapping Corp—
1st M coll tr 6s 1948
A&O
6s assented

95"

63

Akron Times-Press 1st 6s *45 A&O
Alabama By-Prod 6s 1955—J&J

6s 1955
Alberta Pacific

marked

Bethlehem Steel Corp—
Serial debentures—

Acadia Sugar lief 4%s 1955. A&O
General 6s 1954
A&O 16
See

where

possible for the closing day of the month preceding the date of Issue

Ask

Bid

INDUSTRIAL AND
MISCELLANEOUS BONDS
Abitibi Power & Paper—
1st M 5s 1953 ser A
Certificates of deposit

"and interest" except

are as near as

75

Corp—

f 4s 1956

J&D

53

Empire Properties Corp 2-3» 1945

62

58

Empire Sheet & Tin Plate—
6s 1943

116

A&O

55

60

Emporium Capwell Oorp—

101

38

39

55

60

61

1st 4s

1952

65

J&J

4% notes 1942Erie Elec Motors 5s 1941

104%

J&J
A&O

100

/

42

t Called June 1 at 101.
b Basis,
d Called July 31 at 102.
Ex-interest,
y Called June 1 at 103.

/This price includes

accrued

INDUSTRIAL

82

MISCELLANEOUS BONDS

&

NOTICE—All bond prices are "and interest" except where marked "f" in^i
d*
Quotations for all securities are as near as possible for the closing day of the month preceaingjjie date of issue
Bonds

Bonds

Bid

Ernesto Breda 7s 1954—-—F&A
European Mtge & Invest Co-—
1st lien 734s 1960 ser B—F&A
734» income 1966
1st Uen 7s 1967 ser O
M&S
7s Income 1907
Everlastik Inc 1st 7s 1937-M&N
Fairbanks Morse & Co—
20-year 4s s f deb 1956-—J&D
Falstaff Brew deb 5s 1947—J&D
Famous Players Canadian—
1st & coll 334s 1940-1942-J&D
1st & coll 4348 1951———J&D
Farmers Nat Mtge Inst 7s 63A&0
Federal Grain Ltd 6s 1949—F&A
Fed Home Mtge 6s to 1941—F&A
Fed Portl Cement 5s 1947—M&S
Federal Screw Wks conv 6 Hs 39
1st s f 5s 1949—————M&S
Filtrol Co of Calif 5s 1946— J&D
Finance Co of Amer at Baltimore
4% notes 1947————M&S
Finland Residential Mtge Bank—
8 f 6s stamped 1961--——M&S
Firestone T & Rub 3 34s 48—A&O
First Bohemian Glass Works—
1st secured 7s 1957--J&J
Flour Mills of America Inc—
Conv g 634 % .notes 1946-A&O
Follansbee Bros 6s 1947—- -J&D
Fontenelle Brew 5s ww 1947-J&J
Forest Lawn Co—See Real Estate

50

f
f
f

16
2

Conv s f 4s 1954
Inc deb 5s 1989
Hearst Pubiica 034 s to 1947. M&N

16

Healey Petroleum deb 5s 1948 J&J

94

f

2

Helvetia Coal Min 1st 5s '58-A&0

94

Heywood-Wakefield 5s 1946 J&D
Hightstown Rug 634s w w 1944.
Hill Mfg Co ext 6s 1945
M&N
Hines Land & Timber 6s '48..J&J
Hoberg Paper Mills 5s 1946 J&J
Hoe (R) & Co 5-7s 1944 w s
A&G
434-6348 1st mtge 1944—-A&O
Holland-Amer Line 6s '47--M&N

81

75
1.06

97

r

99

10134

f

4

6

97

100

f

80

62"

Holly Sugar Corp—
1st 3 34s 1941
1st 334 s 1942

f

38
54

59"

1st 4s 1947
Home Serv Corp 6s 1957

92

96

58

103
27

10334
f
f
f

25

5034
10434

7
24

27
27

65

44
45

s'49J&J

tr

52

71

74"

80

90

109

10134
45
(Robt) incoire notes 6s 1972 f
Galveston Wharf Co—
98
Ref 5Hs series A 1951
J&D
98
Ref 5J4s series B 1954——J&J
103
Garlock Packing 4H« 1947—J&D
100
Gen Amer Transport 3s 1940-J&J
General Bronze rieb 6s '40--M&N
Certificates of depositGeneral Cable Corp—
99 X
1st mtge s f 5)48 1947 ser A_ J&J
Gair

(Germany) 7s 45-J&J J 5
6>*s 1940--J&D

M&N

12

53

100 X

100

12

Gen Elec
Deb

10234

r

Franklin Deb Corp 4-6s 53-J&D
Eraser Co 6s Jan 1 1950——J&J
French NatfrMail SS Lines 6s 52
Frick (H O) Coke 5s to 1944-J&J
Frick-Reid Supply 6s 1943--JaD

Deb

s

f 6s 1948

15

2734

General Finance—
See Investing Companies.
Geu Motors Acceptance Corp—

15-year deb 3 ha 1951—-F&A
Gen Rayon deb 6s 1948 w w.J&D

103J4

10434

66

72

57

6834

A&O

56

58

Georgia Marble 1st 6s 1950.M&N
Gerlack-Barklow Co 6s 1950-F&A

90

Gen Stl Cast 1st 53*s

General

'49 w w.J&J

Steel Wares—

434s ser A 1952

German Atlantic

_

German Bldg & L'd Bk 6348
Glen Alden Coal M s f 4s '65

Globe Industrial LoanSee Investing Companies.
Globe Wernicke 6s Oct 1 '44-J&J

10

90
12

101

B

25

10134

1945-50———J&D

Steamship Lines—
10-yr 6s 1939 w w_
—_A&0
Harborside Warehouses—
Non-cum inc 6s Jan 1973— /

101
95

10234
96

73

76

26

28

12
9834
27 34

30
3

40

4

II Progresso Italo-Amer Pub—
Debenture 6 34s 1943 ww. -A&O
IU Oar & Equip 5s 1948J&J
UsederSteei mtge 6s 1948
F&A

independent Brewing 6s '55.J&J
Indian Refining 5s Dec 1 1941—
Indiana Ice & Fuel 634s *47-M&N
ind Limestone inc 6s 1952-.M&N
Prior lien a f 6s 1942
M&N
Indianapolis Motor Speedway—■
1st extended 634s 1946
F&A
Industrial Acceptance 4s 1952 J&J
Indus Rayon 434s A 1948
J&J
Ind Br'nhoist 6s Oct *54_An AprInland Car Lines 5s 1944
Inland Steel 334s ser 1> 1961-F&a
1st mtge 3s ser F 1961
A&O
Inspiration Consolidated Copper
1st mtge conv 4s 1952
A&O
Inter City Baking 534s 1948.J&J
Lnterlake Iron Corp—
Conv deb s f 4s 1947
A&O
International Match Corp—
s

Certificates of deposit

1st s f 4s Feb 11957
-M&N
Manhattan Refrig 534s 1941. J&J
Mansfield Min & Smelting—
7s without warrants 1941 -M&N /

19
68
65

70
74

85

80
12

85
41

111

100
75

1J4
39

J*

72
r

9134

r

99 %
55

9234
101

65

75
a

101

10154

Paper—
6» 1947 ser A—J&J
1947..J&J
Ref mtge 6s 1955 ser A
M&S
s

r

s

f 5s ser B

Pap of Nfld—
J&J

1968

85
r

102

55

10034

—

10434
101

9734

60

98
18

33

29
72
70
88

89
58

60

60

68

9534

9634

5s ■ f deb 1951™
M&N t 104
334s s f debs 1955
—A&O
10134
McKesson & Rob bins inc—

102%

' 6s stamped 1948
McGormicks, Ltd, 4s 1952
McCrory Stores Corp—

F&A

„

J&J

r

conv

86

10234

68

9834
9834

99 Vs

92

93

50
15

61
50

58

95

100

9834
8134
51
85

6134
r

99

r

100

88
96
96

Miller & Hart Inc. deb 6s '43 J&J
Miller & Lux Inc 1st M 6s '45A&0
Milton Mfg Co 6s 1952
M&N

100

55

Minnesota & Ontario Paper Co—
1st 6s series A 1935......A&O /
1st 6s series A 1945...
A&O /
1st 6s series B 1948
J&J
1st 6s series C 1950
M&N
"

5-yr 6%

9354

94

40

50

98
25
10
95

f 6s 1953

19

634
....

100

Pulp & Paper 534s 1941.-M&S
Missionary Sisters (Waukegan,
HI) 1st ref 3 344s 1951—-A&O
Mohawk Rubber ext 5s 1948 A&O
8

18
19

9934
93

J&J

4834

Molybdenum Corp of Amer'
6% notes 1942
-J&D

10

100

notes 1931
M&S /
Minnesota Tribune & Manistlq

Moirs Ltd 1st

12
7034

10334
99

Monon Coal—See Chic

Ind

&

96
L Ry.

Monong Riv Cons Coal & Coke—
119

A&O

96

1st 6s 1949——
Monroe Coal Mining

J&D

40

Montreal Cotton deb 6« '43.M&N

Keokee Cons Coke 5s 1959--J&J

10034

79

92

54

(Rudolph) Lac—

98

Montreal Dry Docks 6s '48-F&A /
Morris Plan Corp—
See Investing Companies
Mtge Bond Co (Md) 3-5s Dec 1*53
Mortbon Corp—
Coll A 234-58 ser 1 1941
J&D
Coll B 234-5s ser 2 1940
J&D
OjI] C 234-58 ser 3 1951 —J&D
Coll D 234-5s ser 4 1956 ..J&D
Moslnee Pap Mills 1st 5s '51 -A&O
Motor Transit inc 634s 1952.J&J

3034

Munising Pap 6s A &B 1943. A&O
MunsoD Steamship Line—

9334

Kentucky Rock Asphalt—
75

Hansa

334-6348 1945

_

Keyes Fibre Company—
95
1st 6s 1940-1949
M&N
Kings Co Refrig 6s 1942
A&O
lOl"
Kingston Elevator 1st 6s '50 M&N
100
Kirby Lumber 1st 4s 1947-J&J 16
96
Knudsen Cream'y 534s '50.M&N
85
Koehring Co (Milw) 5s 1945-J&J
12
Koholyt Corp 634s 1943
M&S
102
Koppers Co 4s 1951--—-.M&N
Kreege Foundation—
10-year coll tr 4s 1945
J&J
3 *4C coll trust notes 1947-F&A t
9834
10-yr 3s coll trust 1950—M&S
Kreuger&Toil—
434
5s uniform ctfs of dep 1959——
26
La France Textile 1st 6s *42-J&D
Lake Erie Bolt & Nut—
60
5-6s April 1 1946—
J&J
Lake St John Power & Paper—
50
1st 534s 1961
---J&J
69
Debenture 5s 1961An Apr
48
Lancaster Corp 3 34s A 1949-J&J
„

F&A

6s '47

r

96
103

98

87
102 54

9934
5

30

52

70

.

-

60

Secured 6s 1937—;
J&J /
Deb 634s Jan. 1 1937 wwA&O /
Certificates of deposit
... f
Namm

(&A I) & Sons os 1947F&A
Nassau (Ger) Landbank 6 34s 1938
Nat'l Acme 434s ext to '46—J&D
National Bondholders

.......

50

m

»

m

m

50

79
69

66

3834
334
334
M

.

-

-

....

-

-

-

—

101

9
102

Centra] Funding—
•A.11 series
National Central'Savings Bank

-F&A

3

85

a Called June 20 at 105.

Quoted in guilders.

—

3134

95

—

(Hungary) 7 34s 1962

* Called
July 1 at 102.
J Called June 1 at 104.
t Called June 3 at 104.
price includes accrued interest,
k Last sale, n Nominal, r Canadian price, x

«.

99

—

Natl Consol Bond Corp 3-5s 1953.




—

83

Miag Mill Mach'y 7s 1956—J&D If
Middle States Petrol 634s 1945.

54

53

1st 5s series A w w 1952—J&J

57" Kelsey Hayes Wh'l 1st 6s '48. J&J
99
15-yr conv deb 6s 1948
J&J

-

Metropolitan Ice 7s 1954—-J&J

"2

10

6sCtfs of dep w w stpd 1943—
OS stamped (par $925) 1943
6s with warr (par $925) 1943—
Keith (B F) Corp 6s 1946.—M&S

24
-

58

9
2

25

Karstadt

55
47
43

<

70

97

254

8

.

50

78

94

80

18

Jones & Laughlin Steel—
1st mtge 434s ser A 1961—M&S
Journal of Co mm 634s *47—J&J
Kansas Pipe Line & Gas—

92

12

56

2

Iron City ser 6s Dec 1

102

38

88

1st conv 4-534s to 1945... A&O
Memphis Commercial—
Appeal 434s 1952
M&S
Mengel Co conv 434s 1947..M&S
Merchants Distilling Corp—
5% conv deb 1947
M&S
Merchants Ice & Cold Storage—
1st 634s 1943-49
A&O
Mercury Mills Ltd 534s '53.M&N
Mersey Paper Ltd 5s 1957—J&D
Gen s f 6s ser A 1949-.
M&S
Messenger Corp deb 4 34s *51 J&J
Messer Oil 1st & ref 6s 1942—J&J
Conv s f deb 6s 1947
—J&J

79

Ohio Riv ser 6s Dec 1
Isotta Pr ischini 1 s 1942

Jefferson & Clearfield Coal & Iron
Indiana Co 1st s f 5s 1950- J& J

McColl Frontenac Oil—
1st & coll 4 34s A1949.—A&O
McCord Rad & Mfg—

3334

deb 534s 1950-M&N / 8334
Mead (The) Corp—
1st mtge 434s 1955
M&S
10034
Medusa Portland Cement—

9

-A&O

Maple Leaf Milling—
53?stol949
J&D r
Marine Elev (Buff) ext 5s '52M&S
/
Marion St'm Shovel 6s '47—A&O
Stamped
Massey-Harris 1st 434 s 1954.M&S
Matthiessen & Hegeler Zinc—
Extended 3-6s 1945
—M&S

20-yr

^

85

50

100
65
65

Manati Sugar 1st 73*8 '42.-A&O
Oeitificates of deposit

Marine—

1st & ref

5s

2134

Stamped 1943
50
Leonard Tistz—See Tietx
Leipzig Trade Fair 7s 1953-M&N /
9
Libby McNeil & Libby—
1st mtge s f 4s 1955
J&J
10034
liberty Baking 634s 1944—M&S
87
Liggett & Myers g 7s 1944—A&O
12234
Gold bonds 5s 1951—
F&A
122
Lincoln-Boyle Ice 6s 1947—A&O
52
Lindsay Nunn Pub 6s 1944—M&S
9934
Lion Oil debs 434s 1952..
A&O
90
Liquid Carbonic conv 4s '47.J&D
10534
Loew'a Inc deb s f 33*s 1946-F&A
10134
Logan County Coal 7s 1942-M&N / 21
1st ext'd l-4s 1956
-M&N
12
Loiillard (P) Co g 7s 1944..A&0
12034
5s, 1951
F&A
12034
Lukens Steel 5s extend 1955 M&N
75

Mackintosh-Hemphill 5s'51.J&D

7
3

_

1st M

3734
2034
2034
2034
2034
2034

"

_

73

loo"

25

40
Harpen Mining Corp—
6s with warr for Am shs
J&J f
12
Harris-Seybold-Potter—
96
Conv s f deb 5s 1951
A&O
15
Hart Coal inc 6s 1945
Hatfield-Campbell Creek Coal
97
1st 634 s 1948
M&S
Hawley Pulp & Paper Co—
110
1st 6s s f 1946J&J
29
Haytian Corp inc 8s Oct 1938-

10034

25

*48-F&A
48 F&A
..-J&D
Jacobs (F L) 534% dividend
notes 1942
J&D

8734

_

Ham'd Standish 3-6s 1947—A&O

550

J&D

1968
J&J
Interstate Deb Corp 2-5s Jan 1 '55
interstate Zinc & Lead deb 7s '32
Iron City-Ohio River Corp—

102

-

7234

98

1st 434s

102
Gordon-Pagel 6s 1940-1944—J&D
Gotham Silk Hosiery—
78
S f deb 5s w w 1946—- — -M&S
50
Graham Paige Co 1st 6s 43-F&A
97
Granby Consol Min & 8m 5s 1942
Grand Rapids Motor Coach-—
Cum inc 7s 1962 w s——M&S f
70
Grand Rapids Operating Corp—
100
6s extended 1942-—--——J&J
Grand Rapids Stores
Equipt Co deb 5s 1949-...F&A
Granite City Pig Iron-—
50
Cum inc 5s 1943---.
M&S
98
Graton & Knight 4J4s '51—J&D
Great Lakes Paper Co Ltd—
50
1st s f 5s 1955
A&O
Giiess-Pfleger Tan g 5 Ha 48. J&D
Cum income l-5s 1954—-J&D
2
Grigsby-Grunow conv 6s '36 M&S
53
Groc St's ITod conv 6s 1945- J&D
96 X
Gulf States Steel 434 s 1961-A&0
Gurney Foundry Ltd—72
1st 4-5 34s (w s) 1949.—-M&N r
Gypsum Lime & Alabast—
9834
5348 1948
M&S
22
Hale & Kilburn 6s '39 stmp.-J&D
Hamilton By-Prod Coke Ovens—
1st s f 5s ser A 1955
M&N
10334
99
Gen sinking fund 6s 1956- A&O
Hamilton Cotton 4Xa 1950-F&A
10034
Hamilton Mfg 5s w w 1951—M&S
9634

55

6534

5 f 1st mtge 6s 1946——J&J
2d mtge inc 6s Feb 1956—
Hungarian Central Mutual
Credit Mfg 7s 1937
J&J /
Hungarian Disc & ifixch Bank—
35-yr s f 7s 1963
J&J f
Hungarian-Italian Bank Ltd—
Sinking fund 734s 1963.._A&0
Hydr Press Brick 6s 1944—A&O
Hygrade Food Products Corp—
1st & ref 6s Jan 1949 A
A&O
68 1949 series B—
J&J

Internat Pow &

4334

~

48

M&N

—

(Mich)—

PP1?8^ f434s 1954 ser O—J&J
Lehigh Valley Goal—
1st 6s stamped 1944
1st & ref 5s 1954
F&A
Stamped 1954
1st & ref 5s 1964
F&A
Stamped 1964—
/
1st & ref 5s 1974
F&A
Stamped 1974Sec 6% notes ext to 1943..J&J
.

10334

international

94

A 1941-M&S

85

of Texas—

1st M coll trust 6s 1941.

Ha 1956—J&D

58 series

68

28 X
60
45

r

104

A&O

4 34 s sf debs 1954
Hudson Coal 1st 5s 1962 A
Hudson River Day Line—*

internat Mercantile

Good Hope St & Ir Wks (Germ'y)
8 f g 7s Oct 15 1945—-A&015
Gordon Baking Co

80
100

—.A&O
A&O

1st & ref

Gobel (Adolf) Inc—
Conv deb 43«jS ser

Goodrich (B F) 4

' -o

90
96

—

f 5s 1947
M&N
Certificates of deposit
Conv deb 5s 1941
J&J 15

10

67

Houston Oil

J&D
Lehigh O & Nav fund 4s '48 J&J
Cons s f g 434s 1954
J&J

16

87

Bid

Lautaro Nitrate Co—
1st mtge income 1975

45

13

A&O
Home Service (Portland. Ore)—
1st coll 3-5s 1950
A&O
Housing & Realty Improv—
(Berlin) 1st 7s 1946.— M&N f

Deb

102

Cable 7s 1945.
1948 /
M&S
-

40

-

r

FrSSSo^ugar 6s 1956---M&N
Franklin Co Coal Co 7s w

10634

Bid

Bonds

Ask

Haytian Corp of America—

Ask

b Basis,

d Called June 1 at 102.

/This

INDUSTRIAL

June, 1940]

&

MISCELLANEOUS

83

BONDS

NOTICE—All bond prices are "and Interest" except where marked "f" end Income and defaulted
Quotations for all securities are ad near as possible for the closing day of the month preceding the date of

Bonds

Bid

91

95

Bonds

Ask

'52-A&O
Nat Dairy Prod 3
w w'ftl M&N
Natl Debenture Corp 4-6s 1953..

Nat Container deb 5 Ms

104

104M

52M

National Distillers Products—
Conv 3 Ms debs

99 M

M&S

1949

100

1st M conv 5M® A 1946-M&N
Cum conv inc 6s 1952
M&N /
Natl Grocers Ltd 4s 1947—A&O

Mtge
M&N /

Nat Ice & Cold Storage (Calif)—
1st s f ext 3Ms-6s 1952
J&D
National Industrial Loan—

80

90

14

16

66

69

—

See Investing Companies
Nat Oil Prod deb 4s 1952...J&D V 104
National Radiator Corp—
Cum income deb 5s

1942
1943

1

101%

1941

101M

A&O
A&O

2X%
2 H%

1947
1948—

A&O
A&O

100 M
100 %

A&O

102

101

Port

102 h

102 %

'54—J&J

32

80

102
68 M

New Niquero Sug 3Ms'40-'42-J&J /
Newport Industries—
Subord notes 5s 1947
..J&J t

4* 1951.F&A

25

47 H

A&O

49"
54

5M% 1942
M&N f
N Y L E & W Dock & Impt—
Extended at 5% to 1943—J&J /
N Y 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
{New York World's Fair 1939—
Deb 4s 1941
J&J
1st 6s ext

75
80

97
90 M
78

83

90

22

25
60

102

103 M

North American Car—

Equip trust 4M« Aug 1 '40-'46_ b
Equip trust 4 Ms Nov 25 '40-'43 b
Equipt tr 4Kb 1940-47 J&D15 b
Equip trust 5 Ms Sept 1 '40-'44_ b
North American Cement Corp—
Deb 6Ms A with warr '40-M&9

M&S

1943

6Ks

Income 6 Ms

M&S /

1953

54"

Refrigerator Line
b

3.50
3.75

b

3.50

b

f 3 Ms

1963

OceanSSCo (Savannah)

92

95"

88

91

10

12

97

98

89

89

J&J

45

'43J&J

80

1948F&A

87

5s

O'Connor Moffat deb 6s

2.50%
3.00%
2.75%

94

M&N
Northern Redwood Lumber—
6s 1937
J&D /
N'west Pub's Deb 4Ms 1948.J&J
Northwestern Barb Wire Co—
1st mtge s f 5Msw W1945.F&A
5M8 without warr 1945.F&A
Nova Scotia Steel & Coal—

O'Gara Coal 1st inc 5s 1955 M&S

/
1948
1953. /
Oregon-Am Lumber 6s 1942. A&O /
Oregon Pulp & P 6s to *45--M&N
Oreg Terminals inc 5s 1945-.A&0
Orono Pulp & Paper—
6s stamped 1943
...J&J f
Osgood Co deb g 6s 1943
J&D
Oswego FallsCorp 4 Ms 1952.M&S
Old Ben Coal Corp 6s (w s)
Inc deb 7Ms (w s) Aug 1

Without warrants
Otis Steel s

29
45

22M

Debenture 6s 1943

s

5.00

M&N

Eq tr 3 Ms ser K 1940-48. - A&O
Northern Elec & Nor Pap Mills—
1st 4s 1940-1947
M&N
1st mtge 5s to 1948
M&N

conv

4.50

4.00%
4.00%
4.00%
4.00%

42

Equip trust 4s ser I Jan 1 *41-*43
Equip tr 4s ser J 1940.46-J&D

1st

4.50

M&N /

20-yrs f 6s 1947
New 6-4% 1947
North Western

4.50

99
89

Nor Amer Refract 6 Ms 1944-J&J /
North German Lloyd—

9
30

7
34

47

il"
33

8M
38

99

19

22"

98

71

Oxford Miami Piper 6s 1947-F&A d 101
77
Pac Coast Cement 6s A1942. J&D
48
Pacific Coast Co 5s 1948
J&D

1949.F&A
Pan-Amer Industrial 7s '37-M&S /

93

79"
60

96

50

1st conv a f 6s 1940... J&D 15
Certificates of deposit

Pan Amer Petroleum &

/
/

65"

Penn Mercantile Properties—
Secured s f 3-4s 1961
J&J
Pennsylvania-Dixie Cement Corp
1st m s f 8s 1941 ser A.M&S15
Pennsylvania Glass Sand Corp—
1st s f 4M« I960...
J&D

80

52 M

52 M
47

55

57

66

68

98

9

102 M
100

100M

102 M

48

60

101

101M
101M

104

l66"

110M
95

166"

*

Called June 24 at 103.

d Called

June

22




r—1

/

1946
A&O
Stinnes (Hugo) Industries—

92 M
103 M
58

94

104 M
60

95 M
100M

102

100

47"
103 %

102

101M

r-li—ICO co o
35

99%

40

48

—_

102M
100M
38

100
15
69

T

75

F&A

Superior Elevator & Forwading—
6s Jan 1 1951
M&N
Superior Oil 3 Ms debs 1950.A&O
Susquehanna Silk Mills—
Sink fund deb 5s
1938—.J&D
Swift & Co 3 Ms 1950
M&N
Taggart Bros Co 6s 1944
J&D
Taylor-Warton Iron & Steel—
Coll inc 7Ms July 1 1958—A&O
Tenn Coal & RR 5s 1951—J&J
Tenn Prod 1st 6 Ms 1930
&J

15

/

26
93 M

/

40

_

/

71
120

/

99"

100
50

r

96
98
105

"52J&J

(Leonard) 7M8 x-w '46-J&J /
Tilden Lumb & Mills 6 Ms'46M&S f
Tietz

Tivoll Brewing conv 5s 1947
Tomahawk Kraft Pape

7

103M
103 M
87 M
100
100

105M
40

78

J&D

75

20

80

86

33
r

16"

75
124 H

—

85

1st s f 5Ms ser A 1951
M&S
iconderoga Pulp & Paper 6s 1940

105M

96

Warehouse 2d 5s '42.-J&J

Tide Water Assoc Oil3M«

31
95

2
105

Thermoid Co 5s w w 1
hree Rivers Grain & ]

57

30

3

deb 3Ms 1951—J&D *103®M
103
3% debentures 1959--—A&O

2

96

90

1st 78 1942 ctfs of dep
M&S /
Sugar Pine Lumber Co—
1st M serial 6s 1940-1942-M&S /

_

Texas Oorp

9

'7

77

89

1

_

w

105 M
103 M
9

100M

75

A&O /

Ms 1937
Sugar Estates of Oriente—

Summerfield Hecht—
Extended 3-5s 1951
45

99 M

1949-A&O
Oorp 6s 1945
J&J

1st mtges f 5Ms w w
Stutz Motor Car 7

104

33

Struthers Wells Titusville—

Studebaker

5

25

100

Strange (John) Paper 6s '44—J&J
Strawbridge & Clothier—
1st s f 5s 1948
M&S

12

May 11

18

2d stamped

15
15

99

F&A

30

7s

103

93 M

95M

Ulen & Co7
47 M

80

8M
49 M

Union Oil Co of California—

Saxon

6s May

9

I 1942

ser

10917SJ

A

101

9

7

30

5

7

M&N
....J&J
Sayre & Fisher Brick 6s 1947. J&J
Schoenstadt (H) & Son 6s 1950

77

J&J

23

33M

23

United Amusement Corp—
1st sf 5s ser A1956

lll8»j
101 %

12 M

14

66

68

103 M

104M

46

36

/

29

36

38

Schulco Co 6Ms 1946

t Called July 26 at 102.
101.
e Called June 1

at

3 Ms extended to 1958
Worsted Mills—

92

Stamped

Called June 1 at 104.

40 M

16

J&J
J&D

1940
f 1947

91M

Gen & ref 6Ms 1951

103 %

s

Deb 5 Ms A 1943
Stinnes (Hugo) Corp—

105
7

__

65

39

Stillwater

6% notes 1937

94

99 %

62

inc 3-5s Apr 1950.

95 M

A&O
Looms Inc 6s 1954.—A&O

.

45

cum

91*

Term

Pub Wks (Germany)—
1st extl s f 7s 1945
..F&A

12
99 M

J&D

93

Rky Mt & P 5s '55 stpd .J<* J

3altex

95

Stevens & Thompson Paper—

94 M

M&N

Saratoga Victory Mills—
6 Ms with warrants 1943—J&J

58

83

/
15
west Lumb Mills 5s 1955--M&N /
30
Spalding (A G) & Bros 5s '89M&N / 41 t.
103 M
Staley (A E) 1st mtge 4s '46-F&A
Standard Ice 1st 6s 1947----F&A /
7
Standard Oil Co (N J)—Debenture 3s 1961
J&D
101M'
101M
15-yr 2Mb deb 1953
J&J
100 y8
Serial notes 1M % 1943
J&J
101M
2% 1944
J&J

Secured

86

3t Paul Un Stk Yds 5s 1946.

80

_

Stern Brothers 6s

St Louis Oar Co—

68

::::

75

Southern New England Ice—
1st s f 4Mb 1967
A&O
Southern United Ice Co—
1st 4s w 8 1950
A&O

Steel Co of Can 6s

33

1st extd 6s stamped 1945-M&N
3t Louis Gas & Coke Corp—
IstM sf 6s 1947
J&D

95 %

M&N

A&O
8ou Ice & Util conv 6s 1946.F& \
Southern Improvement 1st 6s '41- f

61

A&O

Louis Amuse't 1st 6s '45-A&0

84

Starrett Corporation—

„

79"

103 M

102

Southern Ice Co—
1st & ref 5-8s 1942

24

/

e

J&D
...J&D

1st gtd 7s 1940
1st gtd 6Ms 1940

102

Richmond Cedar Works 6s 1953Rlchmond Hos Mills 5s 1948-F&A

6MS 1946
Rom Cath Church Welfare 7s 1946
Ruhr Chemical 6s 1948
A&O
Ruhr Housing 6 Ms 1968...
J&J
Sahara Coal inc deb 5s '40.M&N

1955

80

101 M
J&J
101 %
J&J
102 M
J&J
Stand Textile Prod 6 Ms '42 M&S /
26
100
Stanley Co (Camden) 6s '40 J&D
99
Stanley Crandail 6s 1946..F&A
99
Stanly-Rowl-Clark 6s 1946.-F&A

_

River Raisin Pap 1st 6s '45—F&A
Roberts & Oake (Chi) 6s '44.M&N
Roch & Pitts C & I 5s 1946.M&N

1st mtge 8 f 4Ms

102 %

J&J

_

2%% 1940
2M% 1947

100M
100 M
100 y8
100%

Richardson & Boynton Co—
Cum income 4s 1945
J&J
Richfield Oil of California—
Conv a f 4s 1952
-.--.M&S

70

tolOOM

2M% 1945

100

fc

100M

Southwest Dairy Products—
Conv income 5s 1944

36

Republic Steel Corp—
.
Gen mtge 4Mb ser B 1961.F&A
Gen mtge 4 Ms ser O 1956 M&N
Purchase money 5Ms '54.M&N
Restigouche Paper Ltd 6s '48F&A
Revere Copper & Brass—
1st mtge 4Mb s f 1956
J&J
Reynolds Met deb 3 Ms '51—J&D
Rheem Mfg conv 5s 1948—A&O
Rheinelbe Union 7s 1946
J&J
3 Ms assented 1946
Rhine-Main-Danube 7s '50 M&S
Rhode Island Ice 5s w-s '51 —F&A

Corp 1st s f 7s '65 F&A
RIordon Pulp & Paper Ltd—
1st 68 June 30 1942—-J&D30

Socony-Vacuum Oil Co—
3s debentures 1964.

Southern Kraft Corp—
1st leasehold 4Mb 1946

98

„

Rima Steel

68

Southern Brighton Mills—

Stamped (July 1933 coup on)
s r 6Ms 1946 ser B-.A&O

6 Basis,

102

b 100

SO"

% June 1 & Dec 1 1940..
6-1M % June 1 & Dec 1 '41
-1M % June 1 & Dec 1 '42
-1 % % June 1 & Dec 1 '43
-2% June 1 & Dec 1 19442-2 M % June 1 & Dec 1 1945.
2 M-2 M % June 1 & Dec 1 *46
2 M-2 V% % June 1 & Dec 1 '47
2M-2M% June 1 & Dec 1 '48
Railway Vrhouse 4-6s (w-s) *47.
Realty Bond & Mtge deb 4-0s '53 _
Reliance Grain Ltd 4Ms 1952. J&J
Remington Rand Inc—
20-yr deb 4^iw wl 956..M&*
4 Ms without warr'ts 1956 M&S

Guar

y

101H

(Howard) Paper Mills Ltd
1st 4Mb 1951
J&I
9mith (L O) & Corona Typewr'ri

53 %

93 M

-1

9t L

89

97

Smith

South Coast Corp—
Gen mtge inc 6s April 1950
Southern Advance Bag & Paper—
1st s f 6s 1947
J&n

■

„

28 M

101

75

100M
1946.M&N
Radlo-Kelth-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 05% paid—
25
Debenturj gold 6s 1941.-J&D /
43
6s stamped 1941
- J&D
93 M
Midwest Corp ref 6s 1940.M&N
Railway Express Agency Inc—

Roman Catholic Church

92
97

99

99

Cold Storage &

43

S f conv

r

72 M

r

80

53"
M

Warehouse 1st 5Ms

Serial notes—

85

/ 21M
/ 150

Simpsons Ltd—

55

..

Quincy Market

90

3.00%
4.00%

Halske—

11M

85

Ltd 5Ms 1947.-M&N
Purity Bakeries 5s 1948—
.J&J
Quaker City Cold Storage—
1 st s f5s 1953
M&N

(Portland Me) 4s 1958—A&O
3-3 Ms 1940-1948.
A&O

Transportation Co—

deb 6s 1944
A&O
'56.M&S
Peabody Coal Co (Oonsol Co)—
1st s r 5s 1953 ser A
.M&N
Peerless Cement 1st 5s 1948--J&J
Penman's Ltd 1st 5Ms '51
M&N
Penn Amer Coal 6s 1941-56.-J&J
Penn Dairies 1st s f 6s 1949--J&J

80

95 M

94 M

Roman Catholic Bishop

Transpt—

Paton Mfg Ltd 1st 4 Ms

4.75

b

Siemens &

85

.....A&O

1946

...

30
30

7-yr dlv notes 3M* 1943—J&D
95M
96
7-yr div notes 3 Ms 1944.-J&D
Panhandle Eastern Pipe Line—
1st mtge & lien 4s 1952—M&S
103M
Paramount Famous Lasky 6s 1947 / 110
Paramount Publix 5 Ms 1950
/ 110
76
Paramount Pictures 3 Ms '47.M&S

4.25

Shuron-Optical 6s 1951.

98

51

Prov Paper

Rocky Mtn Fuel 5s 1943.
A&o
Rolland Pap 1st 4 Ms A '51.M&N

1

Pan Amer Petrol Co (of Calif)—

Parmelee

4-6s 1953
Potomac Franklin Deb 4-6s 1953.
Potomac Md Deb Con) 4-6s 1953
Potomac Realty Atl Deb Corp—
4-6s 1953
Potrero Sug 7s stmp 1947._M&N
Pratt Cons Coal 1st s f 5s *55 J&J
Pressed Steel Car Co 5s '51..J&J
Price Bros & Co Ltd—
1st 5s 1957
M&S
2d conv deb 4s 1957
...M&S
1st 3Ms 1941-1943.
M&S
Produce Term & Cold Storage—
1st income 6s 1958
J&D
Protestant Church of Germany—

Potomac

Richmond Radiator 5s 1948
96

Pacific Western Oil 3M

b

105M

Royal Pulp & Paper—

Richmond (Va) Ice Co—
1st & ref 5-6 Ms 1947

65"

60

f 4Mb A 1962—J&J

Shippers Car Line—

r

.

72

74

94 M
84

99M

96

100

Union Oil Corp—

2 Ms debs 1954
J
Sheridan-Wyoming Coal Co—

IX

M&S
Bond Corp 3-5s 1953—
Cons Deb Corp 4-6s '53.

7s

58

54

M&N
1943M&S

Nivelle Corp 4s 1952
Nordberg Mfg Co 1st 6s

29
29
76 M
98

J&J

Conv 5% notes 1947
NYLE&WC & RR—

& Transfer—
M&N/

Potomac Deb Corp

.

Nekoosa-Edwards Pap 6s'43_J&J
New Eng Laundries 5s 1956.J&J

Shell

65

98

105

93 M

105
98

5s to 1941
Potomac

--.J&D

National Terminals Corp—
Gen & coll sf6Ms 1940—A&O f
Coll tr s f 6 Ms 1943
A&O /
Natl Tool conv deb ftaww '42F&A

g

1st ref 5s 1936

68

60

Acceptance Corp—

....

93

1st mtge conv 4 M81952—M&S
Pitta Crucible Steel 5s to "45.M&S
Pitts Steel s f 6s 1948.
...F&A

66

/
Securities

1st

100M
100 M
100M

A&O

1945
1946

Dork Co 1 st

104M
Phillips Petr 3s conv
102
Phoenix Iron 1 st s f 6s 1946-M& N
5M
Phoenix Silk Mfg 7s 1943...F&A /
15
Pickering Lumber 6s A '46. _M&N
Pierce Butler & Pierce 6 Ms '42.
1
Pine Hill Collieries 1st 6s '42 A&O
110
Pittsh Brewing 6s Feb 4 '49.
T&J
100
Pittsburgh Coal deb 6s '49..F&A
Pittsburgh Coke & Iron Co—

103

3

67

103 M
gold 5s 1957
J&J
98
Poor & Co s f deb 4s 1948—A&O
99 M
Portld Woolen Mills 6 Ms'41 M&N
Porto RJcan Amer Tobacco—
75
Conv 6s 1942
J&J
6s stamped 1942
/ 75

1944

N Y

65

100

V\%

Nat Union Mtge 4-6s A
3-5s series B 1954

2%

1953.F&a
deb '48.M&S

97
105 %

101

107 %
12 M

Pocahontas Consol Collieries—

2%
2M%

2M% 1949
National Supply—
1st M 3Ms 1954

10

.

Ask

104M

36

107M

100

A&O
A&O
A&O

1

6s w w 1943
.M&S
Phelps Dodge 3M« 1952
J&D
Phila & Read C & I 5s 1973. .J&J
Conv deb 6s 1049
.M&S

Pitts Term W'house

A&O

M%
1M%

Serial notes 1%

20

1940--M&8 f

National Steel Corp—
1 st coll M 3s 1905_

95

rt

3
50

Bid

Bonds

Ask

Pettibone Mulliken—

Phillips Elec Works 5s

National Fire Proofing Co—

National Hungarian Ind
Inst 7s 1948

Bid

bonda
Issue

t Quotations based on $89.50 of principal amount, 5% was paid on July 2 and 5Ms% on Sept. 25.
102.
/This price Includes accrued Interest,
k Last sale, n Nominal, r Canadian funds.

at

INDUSTRIAL

84

MISCELLANEOUS 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

Bid

Bonds
United Cigar-Whelan Stores—

United Corps Ltd inc 6s 1953 F&A
United Elec Goal Cos inc 7s 1940.

59

UnitedDrugs5s 1953.... M&S15
United Grain Growers Ltd—

76M

J&J

68%
69 %

5s

series

A

1948

(Chicago)—
J&J
U 8 Cold Storage (Kan City)—
1st sink fund 6s ser A 1940.F&A
1st sink fund 6s ser B 1949.F&A

70%

t

20-yr 1st mtge 4s 1955.._.A&0
Warner Bros Pictures—

57

59

M&S

79

80

55

60

49
20

23"

6s debentures 1948

30

Warner Co

16

20

Warner-Quinlan Co 6s 1939.M&S /
Warner Sugar Corp 7s 1939.J&J /

1st 6s

.A&<>

1944..

J&J

52

F&A

...J&D /

.

3 Ms assented A

f

1951

6 Ms series G 1951..
—J&D /
3 Ms assented O 1951
/

J&J /

6MS series A 1947
3 Ms assented A 1947

/

United Stockyards Corp—

May521
2.65%
21%

15 %
12
15
12
15
12

21

EXCHANGE

M&S

N Y Stock Exch... 1,375

$42,000
5,800
1,800
550
7,000
Commodity Exch—
907
800
NY Prod Exch
1,318
165
Assoc membersh.
125
Baltimore Stk Exch
76
n
Boston Stock Exch.
139
2,500
Chicago Bd of Tr._ 1,549
1,300
N Y Cotton Exch..

450

344

"5"

N Y Cof & Sug Ex.
N Y Curb Exch___

98 H
32

46

Chic Merc Exch

s

Chicago Stock Exch

101

ser

80

40"

18,000
725

104

New Orl Stock

105%
74:%

107

Phila Stock

75%

Ex.

70

Exch..
Plttsb Stock Exch.

200
100

43

83

San Fran Stock Ex.

69

73

Seattle Curb & M. J
Toronto Stock Exch

'38.A&O /

Seattle Stock Exch

*

June

Witherbee Sherman Inc—

Extend income 0s 1903..-M&N

6%a

w w

J&D

1944-——

\

30

Ex

463

y

Bonds

Bid

are

North Carolina %s, lMs.
Pacific Coast Portland 5s

74

100

44

Dallas.

100 X
100

50

Denver

47

51

Des Moines

99
44

Bid

100

Atlantic

88"

85

Par

100

50

56

.100

14

18

Stocks
Atlanta

82

—

Oregon Washington.....

3%

3,500

b Basis!
d Called June 7 at ll)4.
e Called
Sale price, t Called July 1 at 100.
a:.Ex-

Ask

85

81

Lincoln 5 Ms
New York 5s

17

15
3

...

Bid

Bonds
Lincoln 5s

99

Burlington
Chicago

250

for the last day of the month preceding the date of issue.

Ask

99

Atlanta lMs, 2s
Atlantic Ms. lMs

"200

3,800

t Called Aug. 1 at 103.
X Called Aug. 1 at 102.
a Called June 15 at 100.
includes accrued interest,
k Last sale,
n Nominal,
r Canadian price,
s
80 seats, 70 members.

Quotations

750

1,000

20,000

Called July 15 at 103.
at 102.
/This price

1

inter est.

400

"400

165

113
40

Washington Stk

102

e

"875
"600

500
16,500

Woodland Farm Dairy—

100%

6",000
"700

500

Salt Lake Stock Ex.

Winnipeg Gr Exch.

35

1,200

450

43

101

M&S

l'.ioo

100
700

St Louis Exchange.

5%s 1943.
Wise Lime & Cement 6s

98

100

p80

"150

1,000
6.000

500

4",500

1,150

Montreal Curb Ex.
Montreal Stock Ex.
New Orl Cotton Ex

650

375

150

523
18

25

Winslow Bros & Smith—

6

37

155

Ex.

102

J&J

58

Stk.

Minn-St P Stk

11

1947
.A&O
Wilson (W P) inc 6 Ms 1945.M&N

100 %
5

4,000
1,000

20

Conv debs 3 Ms

18

600

1,800
2,500

Minn Ch of Comm.

80

f

-

3,700
1,500

1,500

65

Milw Grain &

J&J
M&8

A 1930

Secured 6s 1945
Wilbur-Suchard 4s 1952
Wilson & Co 49 ser A 1955

2,500
1,050

41

213
73

Los Ang Stock Exch

102

7
7

"850

345

Kan City (Bd of Tr)

M&N

775

2,250
600
350

Detroit Stock Exch

111

$5,800
1,900

625

Ft Worth Gr & Cot

99%

99

f 4Ms ser A 1966--F&A
Paper 7s 1942
M&N

5-year 7s

473

Cleveland Stk ExcL

Wick wire Spencer Steel—
7s certificates of deposit 1935—
Prior lien 7s certificates 1935

96

33

r

101

SEATS

94*

91

1947..A&O d 104
West Va Pgh Coal 0s 1947—
/
3
West Va Pulp & Paper Co—
98
1st mtge 3s 1954
J&D
101
Western Dairies Prod 6%a '41J&D
Western Grain Co 6s 1949—J&J /
30
Western Newspaper Union—
42
Conv deb 6s 1944
...F&A
Weyenberg Shoe Mfg—
103 H
Debenture 4Mb 1945
j&d

62

1st 7 Ha 1943
M&N
Wabasso Cot'n 3M-4Ms '51 F&A

—

102

101M
101M

No. Last Sale

92

89

90

West Indies Sugar 6s

1st M

67%
90

Va Hardwood Lumber 6s *42. J&D
Va Iron Coal & Coke 5s '49.M&S
Vulcanite Portland Cement—

92

Conv 48 debs 1948.

82

r

55

90

25

White Sewing Machine—
Deb 6s 1940

90

/

107

50

102

Whitaker

86

Vertlentes-Camaguey Sugar—
1st coll conv 5s 1951
A&O
Vert.ientes Sugar 1st 7s 1942—

106

86

100

88

Van Camp's Inc 1st 6s 1943. .J&J
Van Dorn Iron Wks 7s June 11942

—

95

J&D

1943

M&N
M&N
Watab Paper 1st 6 Ms 1942.-J&J
Webster C&O 1st g 5s '42 op M&S

30

Utah Ice & Storage (Colo)—
4-5s 1954
J&D
Utilities Elkhorn Coal 6s 1948 J&J /
Valvoline Oil ext 5s 1947..M&N

—

—

A&O

6s 1947

6s

1st Ms f 4sser C 1961 —-M&N

5%s notes 1937
(8 D) Co—

^

Viau Biscuit Corp 0Hs '40—J&J
Vicana Sugar Co 6s 1P55
J&J
Victor Fuel 1st s f g 5s 1953..J&J

Debenture

Wheeling Steel Corp—

15-yr coll tr 4Ha A ww *51 A&O
Universal Sewer Pipe 6s 1943.J&J

Certificates of deposit

York Ice Mach

25

1941

1 st mtge s f 4 Ms 1952
Conv deb 4 Ha 1952

United Steel Works (Germany)—

6Ms series A 1951

•»

_

90

Yates-Am Mach 3-6%a *44-A&O

19
20

f deb 6s

8

•

Warren

95

U 8 Steel Corp 3 Ms debs *48 J&D *&1031332
Serial debs due (s-a) Nov 1 1940
to May 1 1955
M&N 6.375 to

J&J

M&S
M&S

103
102

7

U 8 Finishing 5s 1944

98 M
98
93

r

Youngstown Sheet & Tube—

.

U 8 Radiator Corp—
conv deb s f 5s 1940

6s 1942

Warren Bros Co—

Conv

U 8 Print & Litho 6s 1950..A&O

r

Woodward & Tier nan Print—

a

100

79%

60

f deb 1955.A&O

r

4Hs series A 1952
J&J r
92
Woodward Iron 1st lien 5s *02J& J / 104
2d conv inc 5s 1962__Ann Apr / 104

56

/

J&J

3 %a series A 1942-1945—J&J
48 series A 1946-1947
J&J

106

Ask

Bid

Woods Mfg Co Ltd—
1st 3s to 1941

102

16

M&N jf

1945

6s

69 M

s

102

a

United Industrial 1st 6s 1945. J&D
Deb 6 Ms 1941
8 Cold Storage

77

Walker (Hiram)-G & W—
Deb 4Ms 1945
...J&D
Waltham W'tch & Cl'k 6s '43 J&D
Walton Lumber 1st 6 Ha '41 Q-Jan

Walworth Co 6s

5 Ms series B 1949
M&N
United Merch & Mfrs 6s 1945 J&D

U

61
97 M

Bonds

Ask

76

Walker Coal & Ice 8s 1940—M&S

_

-A&O

S f 6s Oct 1 1952

Bid

Bonds

Ask

100

47"

_

Ask

78
■

48
58

99
99
99

First Texas 2s, 2%s

First Trust Chicago 4Ms,
Fletcher Ms, 3Ms..

4Ms—

Fremont

100

Phoenix 5s

103

Lincoln

100

2M
4M

7

99

First Carolina 1%b, 2s
First Montgomery 3s, 3 Ha
First New Orleans Is, 2s

Pennsylvania lMs. lMs.

99

Denver 2s, 3s

Phoenix 4 Ms
Potomac 1 Ms

102

New York

100

3

6

100
99

San Antonio

99

78

J Ex-$90 dividend,

r

12M

13M

34

110

100

86

Virginia
Virginia-Carolina

100

99

90

30
100

100

Pennsylvania
Potomac
San Antonio.

81

(Ark.) 5s
Union Detroit 2 Ms
Virginian Is, lMs
Virginia Carolina Is

5

80

North Carolina
24

99

Ms, 2s

Southwest

98

Lafayette Ms, 2s
Lincoln 4 Ms.

99 M
22

Southern Minnesota

99 M
100

Indianapolis 5s
Iowa 4Ms, 4%a

98 M

St. Louis

63

Fremont 4%s, 5%s
Illinois Midwest 4Ms, 5s

First Carolinas

92

85

5
,

2M

100

3

105

99

100

Quotation shown for all maturities.

Company in receivership.

Investing Companies Stocks and Bonds
Concluded from page 72

Stocks and Bonds

Par

Per

Seaboard Finance Corp
$2 cum pref w w

'

Ask

Bid

Stocks and Bonds

Par

1

3

Per

19

ipanish & Gen Corp Ltd—
Am dep rets ord reg
£1
Amer dep rets ord bearer—£1
Spencer Trask Fund Inc
*

4

*

22

19

22

100

45

49

Second Investors $3 prior pref_25

40

Standard Amer Trust Shares

10

Standard Investing Corp—
$5.50 preferred w w
Standard Utilities Inc

$2 cum preferred
Second Carey Trust

$1.50 convertible preferred
Securities Co of N Y

cons

5

4s—

Securities Corp General com
Securities Invest com
Preferred

31

*

Selected Amer Shares Inc----2 %
Selected Inceme Shares-—1
Selected Industries com
*
$5.50 prior stock
.-—...25
Convertible stock

35

Mo

5

Allotment certificates

Va

♦State St Investment Corp

35

*
100

100 M
7.01
3.38

-

M
45

2Va

2M
45

38

Shawmut Bank'Inv Trust—

M

Common

4Mb Mar
5s March

1 1942.
1

1952

93 H
85

M&S
M&S

Sovereign Invest. Inc., com.-10c

1

.51

.57

7M

*

.19

50c
*

54
2.85

_

J&J

1953

• No par value,

e

Ex-coupons.

.46

.51

.65

1
"H
13.06 ♦Trustee Stand Invest ser O—--1
♦Class D
1
3
♦Trustee Standard Oil shares A.l
♦Series B
■
1
8M
.29 Union Investment common--- —*

97c

.73
1.05

—

.

57 M
—

-

•-

-

_

Conv deb 5s 1940
United Insurance Trust Shs

50

8 &

U

5

51

„

50

3M

*

105

Mo Western Reserve Inventing—•
Deb 5Ms 1944
F&A

M
100 M

Flat price,

2%

1.69

83

M
4M
1M

4.04
101

83 M

k Last sale,

n

Nominal,

x

•

_

47 Va

Mo
1%
11.34
101

Ex-dividend.

•

Mo
52

H

%
38

-

3M
88

M

& International Sec

1st

10M
Va
4Va
lVa

2.04

12M

*
pref with warrants
♦
Util Equities Corp com—.— 10c
$5.50 priority stock —
1
Utility & Industrial Corp
.6
Convertible preferred
7
Wellington Fund
1
8.

2.10

1.94
4.55

Foreign Securities com..*

$6 1st preferred
U.

2.00

*

U S Elec Light & Pow tr ctf A.
Trust ctfs series B

«

32

M&S

N Y Bank Shares C3—

Units*

-

8.24

4M
28 M

3

Ask
share

25c

3.00

•

Bid
Per

Trusteed Industry Shares
Trustee N Y Bank Shares

2.60
7.58

Talcott (James) com
9
5M% partic preferred—_—50
Tobacco & Allied Stocks Inc——*
Tobacco Securities Trust Ltd—
Am dep rets ordinary
--£1
Am dep rets deferred—£1
Transamerica Corp
----2
Trl-Contlnental Corp—
6% cum preferred

Quotations not furnished by sponsor or issuer.




2

Supervised Shares

Warrants
5s conv deb

♦

"Mo
12.31

1

—1
2

Class B

Par

share
Trusteed Amer Bank Shares B 25c

Corp of Amer class A—2

Class AA

-

Va
37

luper

7.64
-

Stocks and Bonds

Ask

Bid

share

43

%

1H

12.50

possible for the closing day of the month preceding the date of Issue

Quotations for all securities are as near as
Stocks

Par

Bid

Stocks

Ask

Per

18

*

70

*
100
1
100

Apponaug Co
Arlington Mills
Atlantic Rayon
Bates Mfg
Beacon Mfg—

5

"7

18

20

Washington MillslOO

31

85
85

90

Wellington Mills.. *
Preferred
100
West Point Mfg..20
Wlnget Yarn Mills
Mtge 6s

70"

75

93

61

Mfg..-.20

6% preferred
Clifton Mfg (SO) 100

4%
4%

3X
3

Climax

Spinning--50

90
19

Common—...100

45

40

90

Converse (D E)_100

79

83

5
15

Crescent

Spinning.
Dallas Mfg (Ala) TOO
Darl'gton Mfg(SO) 6

38

43

16

19
2

..*
*

Booth Mills

3

3X

40

29

Borden

(Richard)
Mfg Co com
*
Border City Mfg 100

6

4

5

8

IH

1%

7

VA

Botany Worsted—
5

Mills class A

10

Preferred
Bourne Mills

2H

*

Bradley Knitting—
1st preferred-. 100
Brighton Mills—
Preferred
Cabot Mfg

3

26%

Gleve Worsted Mill
*

Draper Corp
Farr
Alpaca

7

*

Common

60

100

Franklin Process
*
Fruit of the Loom
units

9

65

X

X

■

27

29%
6

-

Cotton

*

Globe Knitting- .2 X
Goodall Worsted.oO
Gosnold M (N B)—•

100

Prior preferred .25

6*

32

Preferred.

Hartford Rayon vtcl

Hathaway Mfg-

100

.

Kendall Co com

$6 partpref A
*
Kllburn M (N B).75
Ludlow Mfg Assoc.*
Luther Mfg
100
Martel Mills-

7

8

40

43

7

5H

Mills
*
Gaffney Mfg....-50
Conv

pref-

Gainesville Cot Mills
Glen wood Mills. 100
Gossett Mills....
Granteville Co
20
.

MillsPreferred .....-20
Hamrick Mills

15
13

15

Hanes (F H) Knit.5
7 % preferred.. 100
Hartsville Cot Mills.
Henrietta Mills—

65*
8?

"o"
97

20

84""

80

45

51

15
110

12

17X

105

26

82

87

33
22

6X

36
25
8

23

Units

11

16
23

18
27

11X
82

3H
20

1

2nd preferred

24

18%

Laurens (J M
100
Limestone Cot Mills
Linford Mills.

40
20

Majestic Mfg
Mfg Co..
May Hos'y Mills 100
$4 preferred
Mills Mill pref—100

3X

4%

Naumkeag Steam
100

17

Rayon class A. .25
N J Worsted pf—100
Newmarket Mfg
*
Nonquitt Mills
*
North Amer Rayon—

7

Cotton
New Bedford

Com class A
Com class B

*
—

Marion

55
35
18

15 H

16%

6% prior pref__50
Pacific Mills
•

47

9

Mooresville

10%

44

Monarch

Musgrove Cotton

1

Mills com

ich Borden Mfg2uissett Mills 100

12

25

Sanford Mills..— .*

23
3

26

Rayon.*

Tubize Chatiilon.-l
Class A
1

7% preferred-.100
Uoited Elastic
*
Utica Knitting. .100

-

31

—

5X

85

6X

7X

63

67

Utica A Mohawk
Cotton Mills-. 100
Wamsutta M
100

24

26
6

Wayne Knit Mills.5

12 X

5

96

62

Southern Mills
3

IX

112

105

2

IX
40
51

Anderson Cotton
Mills.
.100

—*

33

Preferred-

58

80

Appleton Co

42X

.100

98

Mills

25
Avondale Mills
1
Beaumont Mfg.....

17

7% preferred—

38"

93

....

7
—

-

Mills (SO)-25

80

-

100

4

Preferred.
Bibb Mfg.
100
Brandon Corp A.100
Class B
*

-

53
77

6
„

83
26

23

X

IX

7 % preferred. . 100
Burlington Mills
1

88

95

13X

9
20
11

2

a
a

2

a

250
6

a

1

X
TITLE

8

GUAR¬
ANTEE & SAFE
DEPOSIT STKS.

1254

60

5
5
60

a

4

8%
Amer Title & Guar25
Bankers Bond A

106

Mortgage Guar.

3%

X

IX

*

.

Columbia (D O)
5
Empire Title AGulftO
Real Estate (DO) 100
Title Guar A Trust
of New York
20
West Jersey Title &

X
14
8

Granby Cons MSA

12

100
50

Rowan Cotton Mills

Mills..
50
Smyre (A M) Mfg 10
Saxon

7% preferred

7% preferredlOO
Southern Weaving.*
Southern Worsted—
1st mtge notes.

Spartan Mills
100
Startex Mills
20
Sterling Spinning—
Stowe Spinning
Textiles Inc com.. 10
Class A pref... 100
Class B pref
50
Thomaston Cotton
Mills common -100

1st M 6s Jan 1941
Wallace Mfg Co
Ware Shoals Mfg

100
7 % preferred. .100

28

Oorpl 0

5%
20

Copper Co

24

15

20

30

7c

1

22

X

Guar Co

Power common..5
Greene Oananea

55"

18

X

.100
Hecla Mining.. .25c
Hollinger Mines
5

1

44

IX
54

55

60

A Smelting

7
65

9

Illinois Zinc..

Idaho Md

103
5

70

95

~8~~

5X

8

13
100

18X

8X

4X
21X
126

39X
31X

4X% convpfd 100
Abbotts'Dairy
*
Abercromb e A Fitch

12X
5%

45"

39

45

75

83

9

11

Pi/

A

12

100
5

S
65

Abraham A Straus.*

3
7
31

11
32 X

Acme

22

IX

30c

25

36

.10

16
17

39
18
18

50c

27 X

13

13 X

Pteel

Acme Wire.
Adams Millis.

Addressograph

15c

25c

tigraph Corn
10
Advance Bag A Pap

Klrkland LakeGold 1
Lake Shore Mines. 1
Lava Cap Gold Mini
Louisiana L'd A Ex 1

McIntyrePorcuplne5
Miami Copper....5
Mining Corp of
Canada.
*
Mt City Copper..5c
National Tunnel
and Mines com.. *
New Jersey Zinc. .25

Newmont Mining. 10
N Y A Honduras
Rosario
..10

%

12*'
67c

4%
25%
27

7%

Vc
2X

73c

4H

8% preferred. .100
Advance Rumely—*

JX

Aero

1

21

—1
Aeronautical Corp-1

5X

5%

IX
50
43 X

50

H

45X
18

Preferred

-100
Aetna Stand Engine*

29

30

North Butte... 2.50
Ohio Copper of

46c

55c

Ainsworth Mfg....5
Air Associates.....!

5c
10c

7c

Aircraft Accessories 1

25c

Aircraft Precision.. 1

X

-3%
19

Common ._.....* r
Preferred .....100 r 106

Airplane Mfg A Sup 1

Oklahoma Interstate

X

20

}

3X
24

Agnew-Surpass Shoe

Nlpissing Mines

Mining Com..25c

6

Aetna Rubber—

Agfa Ansco (Del).. 1
16 X
X

22X
5X

IX

Warrants

Noranda Mines...*

.1

7

5

1

Supply Mfg—

Class A
Class B

16

Old Dominion Oo.25

8%

Industries

65

5

3

6X

6% preferred A.50
Technical Inst

7%

2X

Aeolian Co—
Aero

27
28

4

Mul-

27X

8c

41

100"

1

*

10c

Utah.—

22

5
60

100

6% preferred .100
7% preferred—100

8X
4X
130

IX

40c
54
141

6
55

Preferred

60

45

53 X

86 preferred ...75
Aberfoyle Mfg.. 100

6

13
35
118

98

25c

115
18

1

...

1

Copper.*

Magma Copper Col 0

19

97

A B Stove
*
Abbott Lab'torles.*

Abitibi Pow A Pap.*

20

Kennecott

85

^

4%
6X

King David Min.50c

8

39

10%

*

Mining.. 1
Island Creek. Coal.l
$6 preferred
1
Isle Royale Cop. .25
Jardine Mining
1

Copper

Kildun Mining

16%

12X
5%
4%

._*

2X

140

INDUSTRIAL AND
MISCELLANEOUS

Common

Internatl

7
99

79
115

38%
30%

Inspiration Cons

6
104
11

5%

Mines.. 1

2

24

4X

common
12 %
Howe Sound Co.—6
Hudson Bay Min

50

185

150

10c

Homestake Mines

100

Union-Buffalo Mills
Common.
10
1st 7% pref... 100
2d B% pref. ..100
Victor-Monagh'n 100
7% preferred.. 100
Victory Yarn Mills—

16

£

1

13%

Calhoun Mills....50

15c

80c

20

6%% pref—-.100

102

Arcade Cotton

3X
X

5%
18X

Evans-Wallower

79

Southern
Bleachery
6 Print Wks_...*
Preferred
Southern Franklin
Process com
*

}2X

18
7c

zl?

11%

53.

6% preferred-.100

5%
26X

23 X
80

IX
5X

Eagle Pich Lead..10
Preferred
100
Evans Wall Lead—
7 % preferred. .100

20
60

58

City RET (0-.500
Congress St Associ¬
ates (Boston).100
Factory Bldg Tr.100
Fifty Associates (B).
Hotel Tr (Boston) 100
Kimball Bldg Tr 100

70c

Goldfleld Consol
Mines

7% preferred--100

35

7% preferred. -100

Belton

-

3X
21

Cent BldgTr
.100 a
Chic R E Trus's. 100 a

25'

25c

5

Golden Cycle

Riverside & Dan Riv
Common
25

-

14

Alabama Mills..
*
Amer Enka
*
Amer Yarn & Proc..

-

Riverdale Mills—

5

80

12

Abbeville Mills
5
Acme Spinning....

-

7% preferred..100
Perfection Spinning.
Pickens Mfg
Piedmont Mfg
20
Poe (F W) Mfg.. 100
Ranlo Mfg
10
7% preferred. .100

Mfg

5 % preferred
100
8oule Mill (N B).10U

«.

51X

27%

Gold Min A M—1
Dome Mines Ltd..*

55

92

50c
3.00

23j

25

Copper

3X

STOCKS

27

Copper Canyon. 10c
Copper Range
,_*
Cornucopia Gold.5c
Oresson Consolidated

46
117

LAND

Bd of Tr Bid Tr.100 a
Bos Gr'd R'T Tr 100 a
Bos RE T(Bos).100.a
Bos Stor W'h'se.100 a

>32

2.95

*

63

7% preferred

13

20

Skenandoa

40

23
27

23
40
110
47

IX

3X

REAL ESTATE TR

IX
5X

h»

Cons Min A Smelt.5
35

75c

10

Wright Hargreaves
Mines
._*

15

A

Clemeneeau Min 25c
Consol

24

White Knob Copper

10

Clear Creek Cons—
Common
10c

40

37

Pacolet Mfg.... 100

100

Sagamore
(P R>

Copper Corp

67

Orr Cot Mills...100

3

14

100
40c
65c

100

Plate

IX
5X

We

Boston Wharf...100 a

63
57
15

13

12

25c

Preferred

IX
5X

General Tin.

16""

2

1

4%

1

15

Norris Cot Mills

11

15c

2%

45"

Newberry C M —100

—..*
..20

Common
Preferred

X

5
Zinc-Lead

Chile Copper

2

58
22

Preferred.3
Saco Lowell Shops

Co

40,

25

See Borden—

13

1

Tonop Bel't Dev 10c
Tonopah Mining. .1
Union Copper Land
A Mining
...25
Utah Copper Co. .10
Utah Metal A Tun.l
Walker Mining..
1
Washington Tin

1

ing, Ltd
5
Bunker Hill
ASull'nM AC2%
Butte Copper &

50

15%
56%

Roxboro Knitting-

21%

11

Zinc, Inc
.1
Federal Mining A
Smelting new
2

Cotton.

Nat Yarn Mills

Patchogue Plymouth

Pepperell Mfg.-.100
Pilgrim Mills
100

See Indus. Stocks
Mills.. 100

17

40

21X

Chief Consol Min._l

Mock Judson Voe—

*

30

Cerro de Pasco

40
42

'h
IX
2X
We

Dredg¬

56

100

4X

Gold

47

95
30
30

1

Tintic Standard

Carnegie Metals... 1
Central Am Mines. 1
Central Eureka
1

Judson Mills A pflOO
Preferred B
100

4X

5

7

2

4

5

Sunshine

Lead

10

1

5

So Am Gold A Plat. 1
Stand Si Iyer-Lead. 1

4X

Zinc

5
7

100

29 X

10

Joseph Lead

Smelting
1
$5 prior conv pf 25
Anaconda Copper
Mining Co..
50
Andes Copper M.20

Callahan

103

4

7c

1

Shattuck Denn
Silver King Coal

Calumet A Hecla—5

97 1

1

Antelope Min

Ltd Amer shares
St Anth Gold M

Mining. 10c
Teck Hughes
1

52

King (J P) Mfg..100
Lanett Bleachery &
Dye Works com 10

Roan

80CM

25

Quincy

•

4X

Zinc

70

5

-

57
130

4X

7

64

10

*
1
Preston East Dome I

10

Mining...

4

Inman

43

•

'K

Mining..25c
....

STOCKS

Co

Industrial CottOD
Mills pref

4

*.

Polaris

St

Bulolo

87

11

39

Pond Creek
Pocahontas.
Premier Gold M

24

1
Bol Inca Mining——

115

40

Nashawena M
_•
Nashua M (NH) 100
Preferred.
100

128X

r

Bralorne Mines Ltd*

13X

112

8

100

r

*

r

Austin Silver Min-.l
Bagdad Copper...5

45
40
13

35

37

(Baltimore)
Preferred

110X

r

42

Mills
Preferred

149

r

r

Black Hawk
Consol Mines

27

40

Merrimac Mfg.. 100
Preferred
100
Mt V-Woodb Mills
*

71X

r

Pioneer Gold Ltd—1

110
73
155
70

95
101

r

100
Penmans Ltd com.*
Preferred
100

Amer
mm.

—

20

6X
1.10

1

.

15
102

14X

r

r

Alaska Juneau Gold

115

9

4% preferred
S3 prior pref
Highland Pk Mfg 20

6% preferred
Imperial Yarn

20

Amer shs ctfs—10
Consol Gold

Can Converters. 100
Can Cottons Ltd 100
Preferred
100
Domin Text Ltd—.*
Preferred
100
Montreal Cottons..

MINING

Grendel

IX

Enterprise—

3X

11

10

35
7
20

5

118

2%

51

9

IX

—

112

8X

43

3X

1

Pato

Preferred

—

4

10

Tin

Consolidated
Park-Utah Consol
Mines
Patino Mines A

98

Wiscassett Mills
Woodside Cotton.20

Ask

Bid

Consol

Mining.
Pacific

_

21

19

Wabasso Cotton

110

Flint Mfg Co

..100

-.100

Drayton Mills....20
Dunean Mills
.-20
7 % preferred- -100
Durham HosierySee Indus, stks
Dwight Mfg—12%
Eagle Yarn.—----Easley Cotton Mills
7% preferred
Eflrd Mfg
100
Erwin Cotton
20

6% preferred--100
10
7% preferred
Florence Mills...100
7% preferred--100
Fulton Bag A Cotton

8

_

Dredging

4

Fine

Spinning Co
5% preferred

Oriental
7

5

Canadian Mills

85
10 X

110

65

Par

Per

Columbus Mfg (Ga)

10

pref-20

Stocks

share

98

55

Chi quo la

4%

100

Preferred
Beaunit Mills

General

24

29%

China Grove Cot-—

22

*

22

II

Ask

Per

8% preferred.-100

Northern Mills
Preferred-

Bid

Par

Callaway Mills-— •
Cannon Mills-...
Chadwick-Hosldns
Co common
10

Amoskeag Co

conv

Stocks

Per share

STOCKS

Berkshire

Ask

Bid

share

TEXTILE

$1%

Par

Air Keduc'n com..*

10

108
5

%
o 72

k

A*
39

43

*

x

Without par

value.

Ex-divldend.




a

Purchaser also pays accrued

97

dividend.

100"

Preferred B

f Flat price,

50

k Last sale.

11

14

n

Nominal.

Air-Way Electric
Appliance

r

*

Canadian price.

X

x

t New stock.

86

INDUSTRIAL

MISCELLANEOUS STOCKS

&

Quotation* for all securities are as near as possible for the closing day

Stocks

Par

Stocks

Ask

Bid

Par

Bid

Albany Packing. 100
Preferred
.100

53*

5
56

_

85

3

4

Co com. 100
5% pref
100

Alberene Stone of Va
5

Vot trust ctfs

2

313*

8% pref
100
Algoma Steel com.*

4

6

100

45

55

Amer Pneu Serv

Allegheny Ludlum
_*
100
Industries—1
Allentown Portland
Cement pref
10

183*
1113*
73*

*

23*

Alien & Fisher.

Alliance Realty
Preferred
Chem &

9

5

3*'

100

2?*

Dye
*
Corp common

5*'

Allied Kid Co com .5
Allied Mills Inc
*
Allied Paper Mills.1
Allied Prod (Mich)
CI A conv
25

141

143

9

10

103*
43*

53*

58

25

253*

American

5

*

Common

*

Alloy Oast Steel

12

16

8

2

193*

Aluminum Co com.*

6% preferred100
Alum Goods Mfg..*

~

150
109

111

163*

16

Aluminum

Indus--*

5

Aluminum

Ltd

*

153

55

6% preferred..100
Amal

Leather

96 3* May 23

IX

1

6% cony pref.-50
Amalg Sugar
1
Amerada Corp
*
Amer Agric Chem.*
Amer Air Lines...10

9

2X

3

_*

Class B
Am Bank Note

6% preferred.

14

Am

30

100

93

97

1

13*

1

15*

5

American Book..100

6X

*

Common

53*% conv pf.100
American Can
25
7% preferred..100

4

63*
43*

128 X

903*
1603*

1313*
92

166

American Canadian

*
*
7% preferred-.100

IX

Properties

Am Car & Fdy
Amer

Car

Motors

&

22 X
40

100

Preferred

100

1

3*

5% conv pref.! 00
Chicle

*

American Cigarette
& Cigar Co
100
Preferred

100

105

114

1173*
200

140
115

"9"

Amer Coal

(N J)..25
Colortype__10
6% preferred.. 100

Amer

16

153*
100 X

~5X

85

70

Commercial
Alcohol com
20

Am Crystal Sugar 10

9

6% 1st pref...100
Am Cyanamid A. 10

76

53*
93*
78?*

25

44

io

Class B

5% preferred—10
2d series
10
Amer Distilling pf 10
Amer Dist Teleg
*

7% preferred.. 100
Dredging.. 100

Amer

4X

303*
10?*
103*
2X

Socket com
Amer Fork & Hoe.

*

*
Am Fruit Growers.*
_

Preferred.... ..50
Am Furniture
1
Am Hair & Felt...*

1st preferred.. 100
2d preferred. .100
Amer Hard Rubb_50

8% preferred.. 100
Amer Hardware. .25
Am-Hawaiian SS.10
Am Hide & Leath

3
88

82
111

113

30

40

American Encaustic
Tiling Co
1
Amer Export Airlines
Common
_50c
Amer Export Lines 1
Am Fabrics, pref 100
Amer Felt common *
Preferred
100
Amer Forging and

30?*
113*
113*

2

9X

1?*
2?*
93*

5
9

11

80

85

4X
113*
X
3X
X
2X

*

6?*
293*
5%
IX

Class

*

1?*

pf 100

19

*

4

St 50 prior pref. 10
Amer-La France &

21

Foamite Corp. .10
Warrants

Sugar
100
Apex Elec Mfg
*
Applied Arts
1
Appollo Steel
10
A P W Paper
.5
Archer-Dan-Mldl'd *
Argo Oil
5
Ark Fuel Oil pref. 10
guar pref..100

Armour & Co (111)—
Common
6

2

213*

43*
24

1

13*

107

99?*

43*

2d

preferred. .100
Brummell

Ties Inc

1

Aircraft
1
Beech-Nut Pack. .20

4?*

97

preferred..!00

Beau

4?*

Belding Hem'way.

Arnold. Constable.5
Arnold Print Wks.»

63*
3

5% preferred...30

8

3?*
10

Arrow Hart-

Corp

*

7% preferred. .100

Art Metal Constr.IO
Art Metal Works. .5
Asbestos Corp Ltd.*
Asbestos

40c

11

43*
103*

Mfg com.l

Preferred
1
Ashland Oil & Ref.l
Assoc Brew (Can).*

105

75
10

43*
113*

X

113*
43*

10 3*

43*
13

1

1103*
43*

6% 1st pref
100
7% 2d pref.-.100

60

75

503*

64?*

Assoc Dry G'ds

5

Assoc El Indus Ltd
Am dep rets ord

registered

£1
*

6% 1st pref

100

Atl Gulf & W Indies
SS Lines new. 1
_

5%

non-cum

pflOO
Atlantic Refining 25
4% conv pref. 100
Atlas

Atlas

Drop Forge. .5
Plywood

*

63* May
3*
63*
13*
53*

9

■?8
&

40

103*
103*
20?*

9

105

101

12 3*

33*
133*

19

20

23*

Conv preferred.20
Atlas Powder
*

58

62

5% conv pref.. 100

113

115

135*

Amer Locker classA*

12

14

Auburn

Class B
*
Amer Locomotive.»

2

3

Tack

*

Automob.I*

New common w i*
New 4% pref w i 50

Austin Nich & Co.

$5

*

cum prior A..*

5

43*
3*
23*

103

105

3*
2?*

20

24

23*
13?*

Coupon
Bearer

shares..*
shares.__*

Truck com

n

*

A

Class

Brown

109

101

7?*
18?*
4?*
16"

Distillery

9

_

50

160

*

Manufacturing

28

Brown Shoe

*

$5 preferred
Brunswick Site

17?*
93

10

Buda Co

7%
55

cum

pref. .100

!00
Budd (E G) Mfg..*
7 % preferred. -100
com

Budd Wheel

6

Bullard Co

1

Bulova

25

40

X

X
X
43*

3*

1

1

32

3
85

91

7% preferred.. 100
B/G Foods Inc
*
7% preferred.. 100

112

23*

Bird & Son

114

23*

1?*
70

80

12

133*

*

37

39

*

183*
90

23*
3*

33*
13*

8

9

Birdsboro Stee
Blauner's common.

$3 preferred
*
B'ack& Decker %'ifg
Co
*
Bliss & Laughlin
5
Blaw-Knox

Preferred

30

43* May 2
23*
43*
44

16?*
73*

_

18

15

7?*
15?*

30

35

14?*

15

Bliss (E

W) Co—
Common—

1

6% conv pf
25
5% conv pf
25
Bloomingdale Bros.*

Canadian price.

113*
3?*
27

103*
33*
243*
33*

4
1

95

27 X

26?*
20?*

213*
7

6

3

23*

48

Common

203*

23

$2.20 preferred__

32

__50

iF)

Mfg—

Corp Ltd—
Am dep receipts-

22

24

21

23

11

15?*

(New stock.

23*
13*

1

X

Burroughs Adding
Machine

Burry

Biscuit.l23*c

6% preferred
*
7% debenture. 100
Bush Term Bldgs—
7%

pref ctfs—100
10

Butlor Bros

5%

conv

pref-.30

6

63*
4?*
173*

1*
73*
423*

Byrndum Corp..—1
Bryon Jackson
*
Cable Elec Products
Vot tr ctfe
50c
Common
50c
Calif Pack Corp...»
5% preferred—50
Calaveras Land &
Timber
1
Calamba Sug Est_20
Callite Tungsten. .1
Cambria Iron
60
Campbell (AS)
1
Campbell Wvant &

33*
103*

—

Fdry—

xEx-dividend.

1

23*

8

*
50

Preferred

8

7X
X
23*

Byers (A M) com...*
7% part pref.-100
Byers Machine
*
Byllesby class A—*
Class B
•
Preferred
-*

Butterick Oo__

173*
65

5
vm » *

73*
105

98

44

Preferred

Burkart

Bush Term Co com 1

*

25
5

102

7

Burns Bros Coal..

713*

Billings & Spen
Bing & Bing

15

133*

42

*

63*

71

100

1

43*
25

Preferred

*

......

53*

33

*

Preferred

33*

243*
13*
143*

.

Watch

Burdines Inc

323^
100

Burma

30

$2.50 preferred.
Bigelow-Sanford
Carpet com

*

Burger Brewing

Preferred
50
Best & Co
*
Beth Fdy & Mach.
Preferred
50
Beth Steel (Del)
*

Inc

70
39

*

Bucyrus-Erie Co..5

13*
283*

Beryllium Corp
*
Bessemer Limestone
& CementA*om_-l

5

k
k

43*

..

Collender Co

19

523*
X
27 X

_

1?*

Brown & Sharp

7% preferred.. 100

common-

20

*

1

Buckeye Pipe L..50
Buckeye Steel Cast *
6% preferred-.100

19

50

Purchase warrants
Borland Shoe St
*
7 % preferred. .100

13*

*

5

73*

.

30

r

23*

*

pref

Forman

Brunswick-Balke-

52

5
5

1

common

Bruck Silk Mills.

4?*
4?*

3?*
43*

20

Nominal.

18

% pf. 100

12

9

2?*
153*

it Last sale.

10

Warrants
Brown Co 6

43

38*

Class B
33'tc
Benson & Hedges. _*
Conv pref
*

Fdy & Macb

Brit-Amer Tob

Cannon

1" Called July 22 at 110.

39

35

Brit-Amer Oil Ltd—1

Bruce (E L) Co
5
7 % preferred.. 100
3 3* % pref
100

33*
3*

50

Preferred
9?*
203*

112

4

Bickfords

Rayon.*

24

23

1053*

Home

niture

4?*

43*

5

Bristol Brass

Preferred
Brown Rubber..

11

Berkey & Gay Fur¬

32

20c

114?*

Appliance cl A..5

7

30

26

50

Common

Bendix

Hegeman Elec. 10
Arrowhead Petrol-.1

_

Bell Aircraft
1
Bellanca Aircraft--1
Bellows & Co A..10
Belt RR & Stk Yds

42

95

243*
1113*

3

Beech

2

43*

*

x-w

1st

25

24

w_*

39

Am Laund Mach_20

value.

100

Bearings Co (Am).*

113*
33*
53*

83*
23*
43*
13*

30

'78

Brown Fence & Wire

Preferred
Bender Body com
Bendlx Aviation

.

103*

26

23?*

Atlas

12

24

40

14

43

25

38

40c

113*
413*
105*

18

Warrants

6

*

Brockway Motor

2

28

w

103*

»
25
25

British Celanese Ltd
Amer dep rcts.lOs

1

223*

conv pr pref
*
7% preferred..100

10c

7% preferred-.100
Amer Mach & Fdy. *

8
4

Mfg

5

& Cadwell

Pref

1

72
10

Brillo

9

common..25
Beatrice Cream. .25

68

23*
X
18 X

2

t C...100

v

28

7% preferred.. 100

12

18

Armstrong Cork
*
Armstrong Rubb A*

$6

22

19

~1X
303*
153*

*

Class B

83*

Mfg

Armour & Co of Del

Artloom

23*

2

6

93*

Bridgeport Brass..*
Brldgep't Hydr'Uc20
Bridgeport Mach..»
Preferred100
Briggs Mfg
*
Briggs & Stratton..*
Brill Corp class A..»

Bristol-Myers.

100

$5 preferred

mann Corp
1
Anheuser Busch—20
Animal Trap

43*
93*

11?*

Beaton

Amer dep rets.. £1

53*

8?*
25c

8c

Bausch & Lomb

23 X

6?*

1

*

Preferred
Pref

Airways.23*

Registered shs
*
reg£l
Ordinary bearer £1

Baumann (Lud) com *

_

15

Corp

*

B

2*

*
*

1

Bathurst Power
6 Paper A

Trading

102

503*




100

Boyd-Welsh Inc
Boyertown Burial
Casket com

Class A.--

3

*
_

X
IX

*

Brinks, Inc

43*

98

28

Without par

_

Barnsdall Oil
.5
Barnsdall Refining.: 1

preferred

93*
2?*

2

Atl Coast Fisheries •
Atlantic Co A
50
Class B com
*

50

*

53*% pref
50
Barkley Grow Aircrl
Barlow & Seellg cl A5
Barnard Aviation. !

43*
203*
3*
83*
23*
7X

4

13

33*

.*

1

11

L93*
263*

Bros

5

Associated

23

non-cum

Barker

3*6
43*
213*

Batavia Body
Bath Iron Wks

Writing Pap.*

7%

1

1

25

Assoc Laundries.

33*

5

Stainless
com

Andian Nat Corp..*
Anglo-Iran Oil—

2?*

6% preferred...50

6%

Steel

%

3*

100

36

17?*

3

Bartgis Bros com. .1
6% conv pref..25

68

Amer Home Prod.. 1
Amer Ice Co
*
Amer Insulator

Bareco Oil

16

Brewster Aeronaut'! 1
Warrants

16

1

Bondhold¬

Breeze

3*
9?*

9?*

*

Preferred

27?*

Braniff

5

25

*

Barker & Ross

43*
35

Brewing Co of Am.3

6

Basic Dolomite

64

26

2?*
14

23

2

32

1

10

Optical com
10
5% preferred. .100
Bayuk Cigars
*
7% 1st pref
100

13

13*
53*
13*

2d

*

Bardstown Distill
Barium

111
*

pref..*
Bower Roll B'r'g._5
cum

1st preferred. .100

98

5

7% preferred..100
5

1

Anchor Hocking
G1 Corp. new. 12 3*
$5 div pref
Anchor Post Fence.*

.

IX

11

2?*
13?*
213*
5X
43*
13*

9
19

ers class A
65
Bowm Bilt Hotels—
Common
*

*

American shares.

63*

Amer

30

Service cl A

100

Antilla

8

Centrifugal..!

Am Chain & Cable.*
Amer

X

13

new

Bancroft (J) & Sons*
Preferred
100

Angostura-W upper3

com

$2.75

Bow-Bilt

55

100

Amsterdam

413*
35c

*

100

Amer Carmel
Amer

15*
23

Fdy

com

Preferred

.

Anaconda Wire &
Cable common

31

30

for

Warrants
Baldwin Rubber

*

Preferred
Am Woolen Co
7 % preferred.
Amer wringer
Amer

38

37

Amer Bosch Corp._l
Amer Box Board--1
A.Brake Sh & Fdy—

8

15

$6 preferred

13
99

50
8

7% pref

100

Common

Am Beverage Corp. 1

7% preferred

.

Class A

65*
16

Preferred

.

Preferred

42

133*

95

6 % preferred. .100

Amer Wind Glass—

47

6X

12

100

c

Storage

Boston Woven Hose
6 Rubber com..*

43*

Chemical—*

Baldwin Duckw'th.*
Baldw Loco Wks._*

Transformer. 10

7 % preferred

40

Gravel Pref—.50

23

V t

Boston Sand &

__

22

Baldwin Co

18%
■a*

15

33*

33*

21

193*

Borg-Warner Oorp_5
Scrymser—25

Bour jols, Inc

Preferred

55

Warehouse.
100
Boston Wharf...100

96

1

23
105
57

100

Borne

Boston

Balaban & Katz__25

Am Vitrified Prod.*

52_

42

10

6% preferred
50
Am Bemberg com.*

X

11

22

Publica'ns pref

5X

93

Baker

Am Type Found. .10

27

45

100

Babcock & Wilcox.*

Am Tobacco coni_25
Common B
25

53

47

45*

15

Barber Asphalt

40?*

110

:!»

25

9

Borden Co

13

36
17

7 % preferred. .100
Am Sumatra Tob—♦
Amer Television
1
Amer Thermos A__*
Preferred
50
Am Thread 5% pref5

133*
X

*

43*

33*
3?*
133*

Bankers Industrial—

52

*

Class A

43*
19

17

35

American Stove
*
Amer Sugar Ref.100

40

pref 100

American Arch
Am Bakeries

1?*
103*

43*

-

3

Preferred

Amer Steamship. 100
Am Steel F'dries
»
American Stores
*

_

Bohn Alum & Br. .5
Bon Ami com A
*
Common B
*
Bond Stores com__l
Bonomo (Joe)

3

1

4X

ilH

Bohack Realty pf1

1

share

3?*

preferred-.100

23*

5?*

Ayrshire Pakota
Colliers Corp

6% non-cum pflOO

55
12

._*

pref

53*
10?*
553*

Snuff. .25

U~X

20

Alpha Portl Cem._*
Altorfer Bros com. *
Conv

138

7% preferred..100

Alhs-Chalmers Mfg

15?*
23*

1
Axton-Fish Tob A 10
Class B
10

18.50
American Screw. 100
American Sealcone.5
Amer Seal-Kap.. ...2
Amer Seating
*

553*

95*
55*

9

5% preferred--100

11

Capital. .1

tation Corp

53*

Am Ship & Comm.*
Amer Ship Build. _*
Am Smelt & Refg._»

10

Allied Stores Corp.*

Common

7% cum preflOO
Am Republics com 10
Amer Rolling Mill 25
43*% conv pf 100
Am Safety Razor—

153*

Aviation Corp
3
Aviation & Transpor¬

Common

20

17

Warrants
Aviation

*

50

Stand Sanitary..*

ex-warr_25

Pref

7

Amer Pulley
Amer Radiator &

65

Boeing Airplane
5
Bohack (H G) com.*

Per

_

1st

Avery(B F) Sc Sons 5
6% pref w w—25

*

Partic pref

"73*

Allied

Aloe (A S) Co

*

5% prior pref

193*

60

12

9

common.-.5
Automatic Prod—5
Automatic Refrig.10
Automat Vot Mach *
Automobile Banking
$1.50 conv pref 25
Class A com.-.25

Am Potash & Chem *
Amer Products

Blumenthal (Sid)..*
7 % preferred. 100

ment

.5

Class B

Bid

Automatic Instru¬

Metal Co
*
6% convpref__100
American Meter
*

American News Co *
Amer Optical
*
Amer Piano class A*

Inst common—

Steel Corp
Preferred

common_25

Alarm

65

Par

share
7

43

Amer

Alexander Dept Stsl
Hamilton

Allen

6% preferred. .100
Automatic Fire

Maracaibo__l

Amer

Alexander

Preferred

Autocar Co com.. 10

Stocks

58

53*

23*

20*

Am Mach & Met..*
Am Maize Prod—*

Ask

Bid
Per

Am Mfg

95

Alberta-Pacific
Grain class A_.
Preferred —100

Par

share

Per share

Alaska Pac Salmon*

of the month preceding the date of Issue

Stocks

Ask

15c"
10c
3

X
X
153*
45

12

1?*
57

5
12

-

-.

-

7

«

-

Quotatlona for all securities are as near as

Stocks

Par

Per

Canada Bread

*

60

Cln Tob Wr'house_25
Oin Un Stk Yds..

46

~3~~

70

163*
143*

173*
143*

71

Can Wire & Cab A_*

47

*

12

B_.

B

Class

14 3*

Claude Neon Lt—1

Clayton & Lambert *
Oleveland Graphite
1

9

Bronze com

18

3*

13*

Cleve Tractor

Canadian Car & Fy *
Preferred
25

Celanese—*
100
Canadian Colonial
Oanad

Preferred

1

Airways

63*
133*
233*
101

"63*
143*
243*
108

•»•

^

Utensil com—

100

115

*

*

115

130

*

100

110

Can Locomotive—*

7

*

(Philip)

6% preferred. .100
6% preferred-.100
Oarib Syndicate.25c
Carman & Co A
*

113*

93*

90

86

43*
65

4*
73

70

75

Co

6

29.
63_
73*

Preferred A

100

Preferred B

40

60
25

3-25 '40

15

5-7- '40

5-7- '40

63*
44

100
100

103

Oase Lockwood &
Brainard Co. .100

250

275

Oelotex Co com

*

6% cum pref._100
Corp
16
1st preferred
*
$7 preferred
*
Central Aguirre

Celluloid

*

Associates..

455*

Colson

100

53*

Cent Ir & Steel..100
Cent Ohio St Prod.l
Central

23*

10

133*

70 cum pref.. 100
I cum pref
*

163*
163*

173*

ftp

•

Columbia

-

-

1

$2.75

conv

13*

1

11

13

5

6

.

23*

13

$2 preferred
*
Combustion Eng._l

27

v

123*
33*
153*

Pub..*

pref.

_

1

9

102

33?

4

1
Chain Belt com—. *

163*

Eng
Common..Par $10
Common. .Par $50

Cons

17

2

Consol Retail StS-.l

23*
803*
13*
33*

Chambersberg

15

Consolidated Steel

75

Ohamberlln Metal
Weather Strip

Champion

10c

5
&

Paper

19

0% pref
100
Chapman Valve—1

101

Preferred
Charis Corp

102

273*

10

43*

933*

Board common..*

293*

'¥
ir*

4

Continental Baking
Class A_.
'

8% preferred-

_

100

733*

Continental Can..20

35

Chester

Pure

50

Continental Mot..
Oont'l Oil

Silk

x

1063*
53*
33*
18H

Common

Chicago Flex Shaft 5
Chic June Rys & Un

8"
60

623*

Stk Yds com.. 100

210

Preferred

16
Preferred
]
Oont Steel Corp...
Preferred
1(

100

100

Chicago Mall Order 5
5
Chic Pneu Tool....*
$3 conv pref
*
$2.50 prior pref..*
Chic Ry Equip
25

5

93*

10

41

48

10

11

63*

Childs Co

com

Preferred

Co

7

7

53*

8"

143*

10

Chrysler Corp

5

Churngold Corp

*

Cincl Advtg Prod

*

without par value,




63*

90

1003*

103*1

45
160

*

100

57

173*
49J*

16

93*

-

-

153* iCorroon & Rey'ds.
33*
$6 conv A pref..
583* [Cosden Petroleum.
53* ;
5% conv pref_.fi
8

k Last sale,

1

55

13*
73*

Nominal,

r

153*
33*

80

90

51

54

Footwear. 1

Eastern Sugar Assoc
Common
1
Preferred
1

73*

9

3

4

13*
363*
3*

8*
153*

*

13*

158

*

"23*
263*
123*
11

Class

B

50

Edison Splitdorf
*
Educational Pict. .1

Eitingon Schild
Mfg

*
*
100

Electrical Steam

1

Sterilizer

Electric Auto-Lite. 5

3

40

Electric

3*
3*
93*
173*

Boat

Indus Am shs

Elec Stor Battery. _*
Elec Vacuum Clean*
Electro Bleach Gas.*
Electrol Inc v t c -.1

13*
1

14
133*
263* May 14
10
103*

Common

Electrolux

1

Corp—1

Electromaster

Inc.l

Elgin N Watch...15

123*

14

13

15

Elk Horn Coal

101

106

.*

24

26

2d preferred.. 100
Emerson Drug..23

70

75

1

Noc Mfg

Disney

83*1

31
283*
37
353*
203* May 26
10834
"53*
53*
27

30

3

4

3

33*
23*

23*
23*
130

"3"
145

(Walt)—

6% preferred...25

123*

f New stock.

%

Ex-dividend.

3*
253*

263*

19

21

3*

25

3*

3*
10

13

8
3*
213*

25

83*
1

2

25
37

3*
23*
13*
■

16
96

16

18

16

18

Class

B

Preferred

2 3
2

Emerson Elec Mfg.4
Preferred
4

Empire Sheet &
Tinplate
Ems co Derrick—-.6
E ndicott-J ohnson. 50

116

1

Warrants

' Discount Corp -.100

13*

:

123*

1st preferred-.100 k 120
90

123*

Di

13*

1st preferred.. 100

preferred. .100
Ely Walker D G
25

10

03*% Pf(w w) 100
183* Diamond T Motor 2
523* Dictaphone Corp..*
Preferred
100
73*1 Dictograph Prod..2
Diesel Equipment.. 1
95
]
Differential Wheel. 1
103
Voting trust ctfs..
463*1

*

2d

95

0% part pref--.25
Diamond Shoe com *

3*
28

Electrographic Corp

Eljer Co com
*
5% cum pref
50
5% prior pref.100

26

3*
273*
123*

Electrical & Musical

ly>

Diamond Match— *

170

63*
14

6% preferred ..100
Easy Washing Mach
Common
__*

Class A.

Diamond Alkali. .20

7

33*

1263*

Elder

Dexdale Hosiery—
Preferred
100

60

Canadian price,

53*
133*
13*
3*

Warrants

5% preferred

110

Preferred..

I

65

283*

_

Eaton Mfg Co
4
Economy Groc Sts_»
Edgewater Steel
*

115

22

11

n

16

213*
13*

3*
183*

5

1

Common

23

1103*

9

Cornell-Dublller

8

14

-.

33*
23*

24

5

70
8

2d

-

7

$4 preferred
Cooper Bessemer..

31

Chic Yellow Cab..*
Chickasha Cot 0.10

Chilton

"93*

26

Chic & So Alrlines.l

1/

-

—

65

-

23*
13*

i*

15c

Chic Rivet & Mach 4
Preferred

$2 preferred-

-

213*
1083*

Converse Rubber..

63*

Chic Molded Prods 1

Chicago Nipple

53*

53*
13
93

1

Corp com 10
5% prior pref. .20

preferred—100
Dewey & Almy Ohem

l/!

1

Chic Daily News
*
New 5% pref. .100

60c

Edison Bros Stores.2

100

0% pref w w—20
Detroit Gray Iron &
Foundry com—1
Detroit Harvester .1
Detroit Mich Stove 1
Detroit Paper Prod 1
Detroit Steel Prod 10
De Vilbiss Co
10
Preferred
10
Devoe & Reynolds—
Class A (non-vot) •
Common B
*

19

Hosiery 6 % pref 10

12

*

6

Aircraft—*
Det Gasket & Mfg.l

773*
353*
1073*
63*
33*

pref.20

45

3

Detroit

7i6

3*

1

conv

East Racing Assn..*
Eastern Roll Mill..5

Detachable Bit-_l0c

yz
133*
113*

Oil

East Mall'ble Iron25

133*

6% conv pref. .10
Derby O & Ref com *

3

6

11

100

Eye

Class A

13*

33?
20

53*

24

%

50
8% debentures 100
Dentists* Supply. 10
6% preferred-.100
De Pinna (A) Co—

95

Preferred

Eastern Air Lines.

21

$6 prior pref

63*
23*
23*

73*

2

Preferred

23*
3*
123*
113*

203*

Checker Cab Mfg.6

Cherry-Bur Corp. .5
Ohesebr'gh Mfg..25
Chesapeake Paper

m

3*
....

*
100

Eastern

100

Preferred

115

100

•

23*

common..*

Fibre

-

43

63*
23*

23*
19

15

-

40

25

IB"

43*
153*

10
1

Dennlson Mfg—
Class A com

-

100

6% pref

Eastern

Del Rayon A com. 15
-

95

*

com

East Dairies Ltd

Laval Steam

Turbine.

-

Mills B

Eason

De Long Hook

•

2

Cons Mach Tool uts.

Gilbert Corp

3

6

85

preferred
Lithograp:

21

103*

»

3*
63*

23*
7%

32

6% pref
25
7% pref
100
Durham Hosiery—

com

Eastman Kodak—*

Dejay Stores

and

119

5

Chem

Eagle Lock
Early & Daniel

Deisel-Wemmer

65

_*

iiH

efiance Spark PI.*

e

156

Preferred

23

7% preferred.. .20

75

623*
3*

7
Cons Film Indus.. 1

com

6 Co common..20

Duro-Test Corp
1
Duval Texas Sulph.*

43*
3*6

93*
114

Durez Plastics &

$1.50

1

Records

Rubber—
Ord reg £1
Duplan Silk
*
8% cum pref. .100
DuPont (E I) de N

|

63*

Dunlop

19

43*
3*

'

28

108

14

Chemical. 1

Deere & Co

_

10

70

0

33*

933*

43

1

1

>ecca

Bradstreet Corp.*

10

33*

63*

$6 preferred
*
Tnternatl.l

14

ayton Rubber Mfg
Common..
1
Class A
35

4

40

conv

10

"33*

13*

(Allen)

12"
8

10

13

153*
103*
13*
223*
643*
23*

25

110

com

Preferred
avison

9

223*
613*
13*

Oongoleum-Nairn. •
Congress Cigar
*
Conn Telep & Elec.l

83*

19

Warrants

t c ext—1

17

*
100

Shoe
Nast

70

Davis Coal & Coke 50

15

83*

Solvents..*

90

163*
23*

orp »%pii.uu

Mills

30

10

Oomm'i

32

50

*

Darling Stores Corp
$2 partic pref...*
Davega Sts Corp. .6
5% conv pref. .25
Davenport Hosiery

5

4

3

Cessna Aircraft

74

4

33*

3

21
2

Dardelet Thr'dlock *

13*
43*
163*

713*

*

v t c

-

10

Centrifugal Pipe
1
Century Elec
10
Century Rib Mills.*
7 % preferred. 100
Certain-teed Prods. 1
6% prior pref. 100

uarco

33*

pref..*

Colum Carbon

TTammftp

5

Dunhill

111

18*
106

2Va
a*

75

17

46

10i

_

Columbus Auto-

7

Paper

Preferred

■

Mont

173*

*

Dubilier Condenser 1
Du

2

40

100

Preferred

Laboratories cl A1
Dun (R G)

313*
83*
243*

*

urtlss Wright Corpl
Class A
1

B'castini

63*

5

Driver Harris Co. 10

Dry den Paper

21

15

Dri Steam Valve..5

83*
23*

2

8

$3

6

43?

Mfg com..*

683*
63*

1

18

Consol Biscuit

-

193*
1073*

Dresser

7%

4

$7 preferred

Oonsol Aircraft

3
2

54

100

uneo

Preferred
*
Columbia Brewing.5

Mach

2

103*

18

Oonde

193*

15

Press
5
0 3* % prefeired 100

3*
43*
153*
43*

72

22

-

43*
673*
6

16

Oompo

79

21

Cen Vloletta Sug

5% Preferred .100
30
udahy Pack

Parts com......*

53*

71

443*

9

69

Corp

Columbia O & G

58

23*

■

7% preferred.. 100

♦

107

25

145

Arms Mfg
25
Columbia Baking..*

Vot tr ctfs com..*

13*
13*

_

109

Columbia Pictures—

105

Airport—1

4

Colt's Patent Fire

2

40

203*

43*

19

463*
233*
1093*

23

113*

15

*

Columbia Mills.

109

Central American
Plantations ...100
Cent Foundry com.l

6% preferred.

73*

90

3*
33*

Sys Inc class A 2 3*
Class B
23

5

4

153*
13*
453*

183*
13*

Central

7«

73*

Preferred

Col Fuel & Iron
Warrants

105

1
Caterpillar Tract. .*
Oelanese Corp.
*
7% prior pref.100
1st partic pref.100

283*
733*

13*

Ordinary snares..
0% conv pref

30

Oatalln Corp.

81

273*
703*

7% preferred.. 100

Colon Development

283*
63*
55*

Case Pomeroy
5
Jastle (A M) Co. .10

110

80

5 % preferred. .100
Dow Drug....
*
Preferred
100

rucible Steel.-.lOO

7
24

•

7
35
24

..

133*

135
87c

Colonial Beacon Oil *

Carpel Corp
*
Carpenter Steel
6
Carrier Corp
1
Carter (J W) Oo...l
Carthage Mills
*

Case (J I) Co
7 % preferred

133*

1083*

1

common

23

106

*

pref

140

5

_.

5

20

5% conv pret_. 100
Collins Co
-.100

Wire

104

Products

conv

Dow Chem

10

103*

2*

19

Collyer Insulated

1st preferred-.100

Gasco

$5

_

Zellerbach

1

18

*

com

25c

63*

rown

88

♦

Conv prior pref..*
com
*

93*
763*

25

Drug

Preferred

60

63*

*

Common

13*

33*
45
'

•3%

rown

104

_

r

*

53*% pref....100
Doubleday Doran
Douglas Aircraft..*
Douglas (W L) Shoe

37

56

43*

25
Stores..*

Chemical

23*

28

$2.25 pref w w..*
Preferred x-w
*

29

820
1

1

19*

*
*

Class B

23*

40

1023*

16

100

Dominion Tar &

Central
Petroleum (Md)_5

663*

.....

Coal B

Dominion

7

31

613*

Collins Morris

~2~

125

27

Peet common

193*

27

$4.25 preferred.
Collins & Aikman..*

Preferred

116

Dominion Steel &

13*
53*

110

1

15

Dominican Coal pf 25
Dominion Glass. 100

43*
233*

♦

273*

63*% pref
100
Bdge.100

Dominion

rown

siH

17

Dold (Jacob) Pkg—

33*
3*
43*

23

Coca-Cola Co
...»
Class A
....'•

63*

16

i*
4

Doehler Die Cast--*

108

100

Colgate-Palmolive-

„

*
Carborundum Co..*

*

Dodge

25

173*

lishing Co
Preferred

1

Co—...*
Cork
5

153*
33*

6

rowley Milner
*
Prior Preferred. 50

-

20

Dobeckmun Co coml

48

43*
223*
293*

Cohen (Dan) Co
*
Cohn & Rosenb'ger *

130

100

Capital City Prod.*

-

313*

24

20

Coca-Cola Intern..♦
Cockshutt Plow
♦

13*
15*

13*
13*

Class B

Carbon Monoxide
Eliminator

-

43*
103*

*

Dixon (J) Oruc-.IOO

w*

87

1373*

of St Louis

Class A

Carnation

30^*

of Los Angeles
of New York

10

*
8% preferred._ 100

Invest Corp

Preferred

313*
■13*
-

135

Can Indus Alcohol—

Carey

45

*

Dixie-Vortex Co
Class A

13*

46

*
_

_r

1*

Dixie Ice Cream...5

Vs

.

Dr Pepper

93*
53*

303*
13*

Clinchfleld Coal.lOO
Preferred
100

of Cincinnati

pref

of Wheat

Creole Petrol

30

5

*

Pea body—*
7% preferred..100
Coca-Cola Bottling

25

100

Crocker-Wheeler

Climax Molyb¬
denum Co.—

63*

63*

Can Fairbank pf.lOO
Canadian Foreign

CI A voting
*
CI B non-voting. *
Canadian Industries

.50

Club Aluminum

16

3*
133*
813*

pf

conv

m

Cluett

Canadian Dredge
Dock

3*

Creameries of Am—

3*
43*

Cleveland

35

100

cl A.20

conv

Liquors..5

Divco-Twin Truck-1
Dixie Home Stores. 1

1

27

5%

8eagrams Ltd—*
5% pref w W..100

1

Wagon Co

Ship.

107

28

Hobblng
Mach com
4

d"

43*

Distillers

.100

$1.50

3*.

Per

45

40

Am deprcts ord£l
overed

63*

.

4

B6"

Canadian Bronze..*
Preferred

253*
105

75
33*

33*
113*

Canadian Airways.*

liH

100

Preferred

53*
113*
903*

11

893*
53*

Bid

Par

Distillers Co Ltd.£l
Distillers Corp-

3

43*
3*

Cornier Post pref li
Oourtaulds Ltd—

1

63*% cum pf_. 100
Olty & Sub Homes 10
Olty Stores
5
Olark Controller
1
Olark Equip Co—*

11

Class

12"
53*

Stocks

Ask

2

Cosmocolor Corp.. 1
Coty Inc com
1
Coty Internat'l
1

A

Oity Auto Stamp..*
Olty Ice & Fuel- — *

Canada Packers...*
Canada SS Lines._*
Preferred
100

Bid

Par

Per share

O

.*
1

40

*
♦

Class A

Inc

OInecolor

5

Canada & Dominion

Sugar Co Ltd
*
Can Dry Ging Ale_5
Oana la Forgings—

Stocks

13*

13*

Cinci Ball Crank. .5

100

94

Ask

Per share

8

r

possible for the closing lay of the month preceding the date of Issue

Bid

Par

share

23*

100

Preferred
Class B pre!

Canada Cement. 100
Preferred
100

Stocks

Ask

Bid

87

MISCELLANEOUS STOCKS

INDUSTRIAL &

•June, 1940]

143*

5% preferred. .100
Equit Office Bldg..*
Esquire Inc
1
Eureka Pipe Line. 50

-

263*
33*

-

-

-

4

95

85

7y
353*
1023*

%

23*
20

Eureka Vac Clean.5
Evans Products —5

23*
53*

Ever Plastics Corp

2

Eversharp Inc
1
Ex-Cell-O Corp—3

2

303*

43*
93*
39

1093*

o3*

3
27
3

6
5

3

313*

88

INDUSTRIAL
Quotations for all securities

Stocks

Bid

Par

Ask

Per

Exch Buffet Corp.-*
Ex Lax Mfg A
10
Exolon Co com
*
Faber Coe & Gregg ♦
Preferred
100

101%

Fafnir Bearing

110

Fairbanks

120

2%

3

30 %

32

26

Co

4%
31%
8%
5%

Fairchild Aviation .1
Falrchlld Eng & Alrl
Fairfield West Md

5

33

9%
5%

Dairy 6% pref...
Fajardo 8ugar
20
Falstaff Brewery- .1
Famtse Corp
50c

88%
18%
6%

19%

10c

40c

2

%

Class

A

7

1%

Famous Players
Can

Co p com_.l

20

Fanny F'mer Cand.*

19

Group No. 1 Oil...*
Group No. 2 Oil—1

Farben Ind...

vy

*

5%

1
Gen Bottlers com.l

"9"

lo"

General Box

1.00

1.15

Corp.l
5
*
*

General Bronze
General Cable
Class A..

1 %

2

4%

5

12%
46*

«-

7% preferred--100
Gen Cigar common *

13%
57%
15

106

104%
3%
5y
29 y

7% preferred. .100
Crude Oil..2%
Gen Development 20

Gen

General Electric—*

General
Am

1

130

Gen Banknote

•9%

Farnsworth Telev &

63

yy

GenAniline&FilmA *
General Baking—6

19%

7%

6%
39

4%

30%

Ltd—

Elec

4

11

10

dep rets reg £1
Gen Fire Exting—*
Gen Fireproofing. . *
7% preferred- 100
Gen Foods Corp...*
$4.50 preferred._*
Gen Machinery—*
4 % % preferred 100

12

10

2%

1

2

*

3

6

6%

7

7

9

23

30

General

29

30%

General Motors. .10

10%

$5 preferred
*
Gen Optical pref ._*

118

8

Fedders Mfg
5
Federal Bake Shops*
Preferred
30
Federal Compress
& Warehouse—25
Federal Machine &
Welder

1

com

11'

Federal Mogul.—5
Federal Motor Tr__*

u*

2%

1

1%

2%
2

Federated Dept Sts *
4%% preferred 100

&
79

16%
82%

Fed Screw Works.

_

Federated Publica's*
Ferro Enamel
1
F G Trading Corp—
Preferred

18

1

19

10%

11%

50

-.*
*
*
6 % preferred. .100
Gen Refractories. _*

Flat Am dep rets—
Fldello Brewery—.1

7

10

Fllene's(Wm)Sons .*

10

23

Finance Co of Pa
See Invest Cos

x

1

conv

Common

6% pref

Gen Theat

Equips *

14

A.100

14%
89%

86

First Nat Stores—*
Fishman (M H)...*

Preferred

6%

34%
6%
85

100

37
88

Class B

i__

w

10%
12

10%
12%

t s.

54

58

Giddings & Lewis
Gilbert (AO)

Florence Stove.
*
Florsheim Shoe com*

26

26%
20%

18%

Preferred

*

Fohs Oil
Follansbee Bros

1%
4%
1%

*
*

Preferred

10

10

3%
6

1%
12

New com w i
10
New pref w i__100
Folmer Grafiex
*
Preferred
100

30
3

Bros Gear
Mach com

%

5

3%

if*

Am dep rets ord__
Ford Mot of Can—-

1%

3%
i

I*

Class A

8%

Class B

9

15

10

10%

II"

55

62

1H

of Canada
*
Fox Film class A...*

15

*
*

Francisco Sugar

3y

Franklin Ry Sup..*
Franklin Shops
*

6

10

Freeport Sulphur.10
French Investing..*
Preferred

"3 %
i

Malt

iH

2ia

27

3y

100

common

1

4

Trailer__1

21

22

pref.100
Fuhrman & Schmidt

78

80

5%

conv

Brewing

com

1

25c
9

Fuller Brush com..5
Fuller (G A) Co—
Common
S3 convertible...

4%

conv

pref.100

10

$6

conv

Common

1

6% conv pref. .25
Gar lock Packing...*
Gar Wood Indust..3
Gaylord Container. 5
5% conv pref..50
Gen Accept'ce Corp
Class

A

5

Conv preferred.20

*

6

2%

2%

8*

9

35

33

"5%

A14

■16%
86

*

r

1%

104

8%
23 y
42
4

9

40

10

it*
it"
55

10 y

10%
2%

Common

$5

1

10

pref..100
Hires (C E) coin...l
Hobart Mfg A
*
Hoe (R) class A.. 10
Prior pref
05

13

15%

18

2

Com div certifs.
Ex-div certifs

_

*
*

2%
34

%
5%

%
4%

12

10%
7

8%

*

k Last sale,

n

r

Interlake Iron
*
Int. Agricultural..*

7% prior pref.100

5

7%

7% preferred.. 100
Internat Indus

International Match
Realization
£1
Int Mercan Mar
*

94

160

7%

Internat

Metal

class A

14

81%
124

58*
84*
128

25

98

8%

57"
105

9%

I

65

5%
5%

7

1%

2

6

7

7

31

&

Power

5%

15

com..

pref..100

conv

Warrants
Internat Petroleum

Coupon shares..*
Registered shs
*
Internat Prod

21%

28

Internat

*

Silver

50

7% preferred. .100

Interstate

*

6

Airplane
Engine
10

14%

ry
92

13

16%

33%
15

36
7
19

4

6

1%
5%

Intertype Corp

5*
22%
9%
10%

123
7

8

%
2%

7%

100

2%

Bakeries*

1

19

Mills

*

com

*

10%
10%

Ironrite

5

93

98

88

95

2%
4%

3%
6

29
27%
*110% May 21

Ironer

10

Irving Air Chute
1
Irving (John) Shoe.l

Preferred
Jenkins Bros

%
10
25

*

Cereal

Jersey

Tea

Jewel

*

Johns-Manville

""%

*

7% preferred..100
Johnson Oil Ref—*

3

10

10
1

3

6%
15
14

36%
49%
123%
3%
%

Johnson-Stevens &
Shinkle Shoo —*

.28%
"10%

8%
5%
12%
3%
12%

Preferred w w._25
%
Jackson (Byron) see "B"
2
Jacobs (F L) Co
1

Johnson Pub.

"%

75

Interstate Home—

Iron Fireman vtc__*

108

5%

29%
10%

Johnson Tin Foil
& Metal
100

13%
60

50

60

Jonas & Naumb'g2%
Jones & Laughlln

1%

1

2

4

Steel common. 100

$1.50 conv pref.20
Houston Oil (Tex)—
Vot tr ctfs com 25
Vot tr ctfs 6% pf25

13

16

20%
51%

Houston Oil Field
Material com

52

57

14

17

26

27

Howard Aircraft. „_1

10%
9%

10%
9%

Howe Scale

28

Hubbell

3%
14%
1%

t New stock,

4

16%
2

*

14

_I6n
(Harvey)

50

55"

14

16

com

1st preferred.

x

7% preferred. .100

Joy Mfg

30

Canadian price,

15%
89

$5 preferred
*
Interstate Dept St's*
7 % preferred-.100

24

Houdaille-Hershey—
Houdry Process. _!o

55

Equipment
1
Interstate Hosiery—

6

18

3

9%

25*

88

24%

21%
131%

9%

Internat Pulp
*
Preferred
100
Int Safety Razor B_*
Internat Salt
*

Int Vitamin Corp__l

16

40

12%
46%
2%

Interstate

22%

2%
37

20%

3%

17%

.

*

5%

*

15

6% preferred ..25
7 % preferred
100
Hotel Waldorf-Ast 1

Class B

1%
14

4

cum

Int Text Book

90

Class A

140

109

7%

11%

95

34%

16

(Can)..*
pref..100
International
Paper

Int Nickel

10%

Horn & Hard't Bak *
Hotel Statler com.*

10

31%
17%

Internat Shoe

63

6

6

1%
18%
144

._*

Jefferson Lake Sul

123%

2%
7%

Ind

Jarvis (W B) Co...1
Jeannette Glass—*

86%
121%

70%

il*

%

14

5%

138

40%

34

.100

2%

48*

79

Publishing pref..*

28

5% nreferred

%
%

37

Internat Elevating40
Int Harvester
*

8

6

pref.:i25

Nominal,

_.

7%

87

19

5 y%

6 % preferred
100
Intercont Rubber..*

Hormel & Co com
*
Horn (A C) com..._l
Prior preferred. .5
Horn Hard't(NY).*

22

Greyhound Corp
*
5%% preferred. 10
Griesedieck Western

Ingersoll Hand
*
6% preferred.. 100
Inland Steel..
*
Interchemical Corp *

29%
22%
3%

2%

5%
%
%

1

Indus Accep Corp—
Cum pref.
100
Indus Brown Hoist—
1st pref
10
Industrial Rayon..*

29

22

1%

5

1

9

com

1

Terr Ilium

OH non-vot A
Class B

»

45

7% preferred..100
Greenfld T*p & Die*
$6 preferred. .100
$1.50 preferred. _*
Green (H L) Co
1

Indian

Horder's Inc

19

(Ohio).1
Pap
25

7

11

40

6% pref
100
Great Lakes SS
*
Great Lakes Term

Holt (H) & Co A. *
Hooker Electro
Chemical com. 100
Preferred
.. 100

16

6

10%

100

Pac Tea
Non vot com

Holly Sugar.
7% preferred ..100

14

7

5

Furnace. 10
Holophane Co
*

15

$3 pref
*
Indiana Pipe Line 10
Indian Refining..10

7%

*

Hollander(A)& Son

12%

Internat Educational

7% preferred...21
Common

5

13
10

2

preferred. .5

conv

23%

Preferred
10
Indiana Gas & Chem
Common
5

20

10

1
Chem

Am dep rets ord £1
Indian Motocycle..*

17

5

Preferred...
Hickock Oil cl A

32

Granite City Steel.*
Grant (W T) com.10
5% preferred
20
Graton & Knight.. *

W'house

Common

106
22

Brit & Irel'd

Int Business Mach.*
Int'l Cellucotton..*
Int Cigar Mach
•

25
1st B pref
25
Hiawatha Oil & Gas1

22

28

9%
87%
11%
2%
1%

of G

92

Common

11

com

20

Heywood-Wakefield

28

Raps Varn.l
Grand Union—

Great Nor

Hevden Chemical. 10

2

32
108

£1

90

5

20

7 % preferred.. 100

12%

si*

47

Hewitt Rubber

Holland

Brew common

17

11

17%

106

*

Silk

6

6%
89

%
4%

*

10

$3 preferred

Hosiery

.

nref__._*

HInde & Dauch

.78
55

r

50

Great West Sugar..*

89

5%
4%
85

100

conv

14%
72%

14%
71

A

1st preferred. .100
Great Lakes Paper—

16%

3

4%

Hershey Chocolate. *

Hilton-Davis

Gt Atl &

it*

2%
4

Helena Rub'stein..*
Class A
*

$1%

13
15

14

1%

pref..50

11%
49%

46%

*

com

com

99

95

*
*

$5 preferred
Goodyear Tire &

33

Without par value,




Good Humor Corp
Goodrich (B F)

Preferred
Gorham Tnc

24%

30

_

Gannett Co Inc—

$6 conv pref
Garfinckel (J) & Co

21

55
120

"%6

5

$4

50

PrefoiTed

i %
2%

♦

18

Stores

Preferred

2%

$1.80 prior pref. *
Gray Mfg Co
10

82

pref

74

2

_*

Preferred

12
i y
2y
10%

50

10
4

53*

*

28

Gabriel Co cl A
*
Galr (Robert) com_l
$3 Preferred
10
Galveston Houston*
Gamewell Co
*

Class B

Gotham

132

8%

1

Hershey Creamery

25

1%

8%

Royalties
..1
Hercules Cement- .*
Hercules Motors
*

6%

23
30

Imperial Tobacco

150%

69

*

Grand

%

,1*

conv pref 15

Fruehauf

Preferred
*
Gobel (Adolf) Co..
Godchaux Sugar—

Graham-Paige Mot 1

8%
16%

Partic

*

Gorton-Pew Fish.

lGy

Froedtert Grain &

_

Wernicke

8%

19%

1
..5
Hat Corp class A..1

Powder..*
6% preferred..100

1%

7%

18%

Diecasting

Hercules

Indus rets

25c

T%

7%

HaskeliteMfg

conv

6% pref
100
Hydraulic Press Mfg
Common
5
6% conv pref. .25
Hygrade Foo 1 Prod5
Hygrade Sylvan
*
6%s conv pref
*
Ideal Cement
100
Imperial Chemical

7%

...

6%

40*

100

com

of Canada com..5

Harvill Aircraft

Hearst Consol Pub—
7 % class A pref.25
Hecker Prod com__l

Brick

"

95

19

Hartman Tob
*
Harvard Brewing. _1

Dept

Preferred
100 k
Huylers Inc.,com..1
7% prefunstpdlOO
7% prefstmpd 100
Hyde Park Brew. 10
Hydraulic Press

17

110

Common..

50
Huttig Sash&Door 5

"6%

$5 preferred.. .100
Hart & Cooley
25
Hartford Times
*

Hearns

8*'

Preferred

6%

3

n-v

l

5%
11%

~6%

*

Class B

Common
5
Hunter Steel com..*
6 %. preferred-. .20

Imperial Oil Ltd...*
Registered shs'
*
Imperial Tobacco

1%

Harrisburg Steel
Harris Seybold
Potter com

3%
52

2

50c

30c

1

7% non-cumpflOO
Hendey Mach ..._*
Hendrick Ranch

36

Gorham Mfg

y
13 y

20"
100

96

7

116%
5%

pref. .100

Canada

~i5k

7

Franklin Co Coal—
Preferred
.10

Preferred

7

18

6

32%

Publish

$5 conv pref
*
Goodyear T & R of

15

Fox (Peter) Brew..5

6%

50

Helme (G W)..__25

6%
12%

Rubber

2

25

47

6

__

Apr. 18

14

Wheeler. .10
57 conv pref
*
Foundation Co
1
Foundation Co

6

4%

12

Preferred
*
Goebel Brewing
Golconda Petrol...*

9

10

5

6

Goodall Rubber

Foster

39

*

Goldblatt Bros

1

Ft Worth Stk Yds.

4%
4%

*

Co

Class A

1%

3%

3

*

6 Co

Globe

Preferred
100
Foote Burt com
»
Ford Motor Ltd—

F-R Publishing

3

4%
36%
4%
4%
41%

4%% conv pref 50
Globe-Democrat

21

103 %

&

Ford Motor France
Am dep rets
k
Foremost Dairies..*
Formica Insulation *

J*

39

Preferred

*
Gillette Saf Razor
$5 conv pref
*
Gilmer (L H)
5
Gimbel Bros..

Glidden

100

Foote

28

Glen Alden Coal

20

4Kb convpref.100

/
'

26%
4%

Gleaner Harvester.*

55

Food Devlces--._20c
Food Machinery. .10
^

4%

3%

25

2
*

$6 preferred
Gladding McBean

Follansbee Steel—

27

25"

50

(James)

Hazel-Atlas Glass.25
Hazeltine Corp
*

6

Gilchrist Co

-

Flour Mills of Amer

41

26%

7*

50

Arrear ctfs
Gibson Art

39

9*

102%
3%
3%

2%
2%

1

Preferred

50

Preferred

6y% prefww 100
Hatfield-Campbell *
Prior preferred .12
Partic pref
100
Haverty Furn Cos—
Conv pref
_*
Hawley Pulp & Papl
$7 preferred
*
Hayes Indus
1
Hayes Mfg
2
Haytian Corp
*

12

11

i_5

Flsk Rubber Corp.l
Flintkote Co com. »
-

12

96

1

com

com w

Fla Portld Cem

u

95

22%

Giant Portland

Cement

8%

11*

9
*18
16%
iy103

pref A 100

cum

Genessee Brew A

10

ser

7.

%
10%
90%
21%
11%

3

_

5

7%
103%

19%

pref-..-*

6 ^preferred. 100
Gen Tire & Rub— 6

1
Firestone Tire & Rub
cations com

68

100

Gen Time Instru.i*

Finch Telecommuni¬

'41

63
7

15

3

126

4

15

22

6% preferred.. 100
5

10

16

100

.

Harshaw Chemical*
Harblson-W alker
Refractories com *

40%
118%

27*

$6 preferred
,100
Hammermill Pap. 10
Hammond Instruml

80

Steel Casting.*

$6

13%
13%

Harlow Aircraft

120

16

share

Fibre

Hussmann-Ligbnier »

8%
12%

12

19

3%
36%

_

General Shoe

%
28'

Gen

25

8

95

5

$6 preferred

Gen Rayon A stk.
Gen Ry Signal

i*

Haloid Co.
5
Hamilton Watch._*

Preferred
Hanna (M A)

115

118%

1

.

100

com—5
Hall (W F)Print'g 10

76

6% preferred-.100
General Print Ink.

—-*

Preferred
Hall Lamp

Hummel-Ross

3%
50%

Hupp Motor

2

Bid

Per

Hudson Mot Car.
Humble Oil & Ref.

12

6 Alabaster Ltd. *

Hajoca Corp

Par

18%

Gypsum Lime

17

*

A

25

90

*

Glass

Gulf Oil Corp

18%
10%
1%
14%
1%
26%

*
$5 cum pref
*
Happiness Candy.. *

113

*

Common

Warrants

Hanley

Gen Outdoor Adv't'g

5th Ave Coach—25

%

38%

preferred. 100

5%

Federal Match units

Mills

Engineering com 1
Guantanamo Sug__*
8% preferred.. 10G
Gulfboard Oil
1

12

40

Preferred

_

17

15

Grumman Aircraft

39"

109

1%

Fashion Park com.*

preferred-.25

%
4%

%
4%

.1

Gruen Watch

5y

Preferred
10
Gen Amer Trans..5

1%
2050

1850

Stocks

share

1 %

Groc Smre Prod.25c

9%
6%

Fansteel Metallurg *

Radio

1

3
3

Ask

Bid
Per

»

Alloys Co

$8 1st pref

8% preferred- 100
Fairbanks Morse. _*

Par

Stocks

Preferred
10
General Amer Oil of
Texas common—5

35

-

25
Fair (The) Chicago *
7 % preferred- -100

Ask

»f the month preceding the date of issue

Per share
Gen

....

STOCKS

MISCELLANEOUS

Bid

Par

Stocks

share

%

&

near as peaalble for the closing day

are m

Ex-divldend.

Julian

&

Kahn's
1st

...

1

13

Sons..*
100

55

14%
28

Kokenge—*

(E)
pref

2

21%

16%

13%
100

Kalamazoo Stove &

Furnace com—.10

10

10%

JUNE, 1940]

INDUSTRIAL

&

Stocks

Ask

Bid

Par

Per

Kane Carburetor.. *
K O Stk Yds Me. 100

Preferred
Kaufman

Per

Lionel

Lion Match-.—.-*

75

80

Lion Oil Refg
*
Upton (Thomas J)—
Class A
1

St's

9H

5% conv pref.100
Kaynee
10
► Preferred..
100
Kayser (Jul) & Co.5

82

1034
9834

8X

98

pre' 100
Keith (Geo E) Co—
7% preferred.. 100

103 X

100
Loblaw Groc Ltd A*

21

*

Locke Steel Chaln.5
Lockheed Air Craft .1

Colorfilm

20

Kellett Autogiro

1

Kellogg Co..
Kelly Springfield

»

1

17 34

X
IX
1834

5

common

154

Conv class A

pref--*

cum

-*

16*

Kendall

Refining.10
Kennedys Inc. —5
$1.25 con v pref—*

5

iox
5X

29 X
2h

1634

Ken-Rad Tube &

Lamp A
*
Kensico Cemetery
Association
100

334

3X

30

33

1034

Kentucky Stone vtcl
Key Co common
*
Keyes Fibre com_ *

8

*

Common

nx
ox
IX

Class A

*

5

preferred.. 100
2nd preferred. .100
Lorillard (P)
10
7% preferred--100

Preferred

*

40

50

*

11

nx

Keystone Watch
Case
16 2-3
Kimberly-Clark
*

38

42

4*

_

common

6*'

Kinner Motors

1

Kinney (G R) Inc.-l
$5 prior pref
*
KIrby Lumber--100
Kirby Petrol
1
Klein (DE) Co
*
_

134

45

59

116

2134

234
IX

^*

9

534

1854
X

3%

73"

78"

56*

7% preferred.. 100
Koppers Co 6%pfl00
Kresge Dept Stores 1
4% preferred.-100
Kresge (S S) Co.. 10
Kress (S H)
*
Special pref
10
Kreuger (G) Brew_l
Kroger Grocery &
Baking common.*
1st preferred._ 100
Kysor Heater
1
Laclede-Christy
Clay Products
*

3X
75

1954
23 3k

24

1VA
434

12 X
5

25

25X

1934

120

4

"OX
5

15

17

1

44

48

1H
21X
8

18

,*
1934

*

r

100

r

1554
110

2154
9

22 X
9X

2X

_

434
IX

16

Power Implem 1

Mission

10
111

Lakey Fdy & Mach 1
Lambert Co

*

25

2Vs
13

3X
13 X

23

25

Landis Machine. .25
Lane

Bryant Inc
7% preferred
Lanett Bleachery

*

Lane

11X

"3 34

1

75

4

Rubber

9

*

Mapes Cons Mfg..*
Maple Leaf Mill
*

Margay Oil Corp..*

10

Bakeries class A_*

9

15X

*

3

6

1

334

4

Lautaro Nitrate A_1

20c
10

*

4

Lebanon Steel & ir.l

50c

12

3

Lee Rub & Tire

-.5

34

17 A

Lefcourt Rlty Corp 1
Conv pref
*
Leh Coal & Nav...*

LehPortl Cement.25

2%
1%
1654

4% conv pref. 100

6X
3X
17 X

234

2

*

25

28

10

10X
13 X

*

6

Leonard Oil Devel 25
Leonard
Larner

Refining.3
*

Stores

100
1
LeTourneau (R G)1
Lewis (Edgar P)pf 10
Ley (Fred T) & Co *
Libbey-Owens-Ford ♦
Liberty Aircraft
1
434% pref
Lessings Inc

Liberty Baking
Preferred

Life Savers

Corp.-5

Lig & Myers Tob-25
Common

25

B

7 ^preferred.

Lily Tulip Cup
Lima

Locom

20

54
2134

IX
22 X

32

Mtge

33 X
7

2^

4*

534
33 X

5X
35

92

93

92

IX

McColl-Frontenac
Oil Co

♦No par value.

.100

Midwest pref.. 10
Monsanto Chem__10

$4.50 pf ser A

*
Cum pref ser B._*
Montgomery Ward *

33 X

f!l9«

7X

*

A

Monticello

25

Tobac-.l

Monumental Radio 1

2

Moody's Invest Serv
part pref
*
Moore Corp com..*

18

150,

Preferred A

2

162

39

2%

4054
234
99 X
22 X

40

10

Morse Twist Drill
& Machinery-.100
Mortbon Corp A..1

45

11

Co Ltd

5% conv pf A. 100

\

12

5

6

Rad cl A._*
B
*

4

93
6

IX
11X

McCrory Stores
1
Conv 6% pref.100

95

McGraw Electric.-1

19

Pub.*

534

American shares.

IX
11X
1053k
19 X
5X

McKeesport Tin
Plate com
10
McKesson-Robb'ns 5

OX

18*

$3 conv pref
*
McLellan Sts com.l

ox
4X
19 X
6

90

Mueller Brass Co..l
Mullins Mfg Corp—
Class B
1
$7 conv pref
*

Munsingwear Inc..*

97

2934
5X
834

"5 H

02X

78
70

*

M*
126

10

1054

*
$6 preferred ser \*
$5.50 pf ser Bww*

Melville Shoe new.l

"8X

5% preferred. .100
Mengel Co
1
5% conv 1st pf.50

com

itVi

*Last sale.

il*

n

"C" units

128

26"
107
14

Murphy VarnishlOO
Preferred
100
Murphy (G C)

9

2

.

Motor Finance com
Conv preferred..*
Motor Improvem'tl
Motor Products—*
M0t Wheel Corp. .5
10
Mountain Prod

Munson SS pref A_*

5

H

*
5% preferred. .100
Murray Corp
10
Murray-Ohio Mfg.*
Muskegon Piston
Ring com
2.50
Muskogee Co----*
Preferred
100

5X
100

634
105

r

conv

5

1034
554

*

com.l

71

pref..*

1534

Lead—10

National

100

6% pref B

150

100

60"

Nat Licorice com 100

6%

95

prefer-ed_ 100

434

Nat Lock Washer.20

Nation'l Malleable &
Steel Castings.

—

Nat Paper &
Common

1

40

3334

Type—
1

5% preferred

50

Nat Pumps Corp..*
Preferred
10
Nat

163k

*

5 34 % preferred. . *
Nat Oil Products-_4

.10

Radiator

Nat Refining com..*
Nat Rub Mach
*

2lM
2*
4

234
334

Del..*

4

$6 preferred—100

60

Nat Steel Car Ltd.*

22

Nat Steel Corp—25
Nat Sugar Refg.
*

5134

Nat Shirt Sh

Supply—
7 % preferred
100
Nat Supply (Pa)-.10
534% pr pref.. 100

7

10-year $2 pref.40
6% prior pref.100
Nat Tea

common.

_*
10

Preferred

1

Canadian price.

12.50
Nat Union Radio—1
*

Co

Natomas

134
8934
11234
1153-s
3634

113

141

145

134
23

234
90

118

3634
2

26

21

23

3534

3734
150

Navarro Oil

_*

Nazareth Cement .10
Preferred
100
Nebel (Oscar) pref.*
Nehi Corp com new *

"34

*

5

2834
8

27

454
6

134
9

34
734
834
4

92

134
934
8434

1

4 54 % conv pfd 100
Nelson (Herman)..5

Neptune Meter A.

*
8% preferred. .100
_

Nestle-Le Mur cl A *

70
3

534
82

00^

Newberry (J J) Co.*

38

5% preferred-.100

90

Cord¬

Bedford

New

5

6

100

age common
Preferred

114

734

*

33

35"

New Eng Gr'n Prodi

28

32

New Britain Mach
New

X

33

_

_

1st preferred
Neisner Bros

England

7

Lime

units

._*

54

60

New Hav Cl com..*

333k

37

New Idea

*

com

6

9

,334
11

434
1134

New Mexico &

7334

74

34

Arizona Land—*

85

90

1

2

2

22

25*

88

93

1031
13

1034
1334

4^4
1634

1734

2

5

1

7

*

30

N Y Auction

*

N Y Air Brake

*

N Y Dock

120

Newport Indus
New Process Co

110

*

$5

934
17

234

3

pf

*

334

554
7
19

Founders shares. 1

14

100 t 134932

7% pref
N Y Transit

5

5

Niagara Alkali pf 100

1

734
35

334
34

434
6

734
1934
18

13434

108

Nicholson

File

*

2734

*

6

30"

3034

Corp—

Class A

com

1

7

"9

10

Niles-Bement-Pond *

60

64

20

Noblitt-Sparks
Noma Elec Corp

2134
354
1734

2434

24

334

Class B

com

5
1

North Amer Avia__l
North Amer Cement

32
62

non-cum

234
33

N Y Merchandise-10
N Y Shipbuilding— 1

1900

2X
20

66

4

1754

1254
6

108

434
834
1334

734

Common

1

134

Class A pref
Class B pref

1

2

234
334

1
Refractories

5

7

Class

10134
434
734

A

*

134

Class

B

*

No

Am

6 34 % preferred 100

North Central
Texas Oil

Mutual System—
See Invest Cos

Nominal.

10

-.20
1
Gas

Nat Transit

3734

9X

734

StpK_*

National Tool

34

81

23




35c

1034

"634

*

{Called July 1 at $110.

20c

"634

100

52

28 X

1

Judson—

Mtge Bk of Colombia

22

27 X

10

Molybdenum Corp 1
Monarch Mach T'i *

32

98 X

20

*

6

144

17

8

ism

214

4634
107 X

i§*

334

105

100

Mead Corp com

.5

8

17

100

17 X

Preferred

Link-Belt Co

33X
7X
23 y8

6 % conv pref.100
McQuav NorrisMfg*
McWilllams Dredge*

Lincoln Stores

3

37

734

Rubber. _*
Moloney Electric A*

93

20X

Mead Johnson

47

37

35

*
pf w w ..*
McCahan Sugar
Refining pref-. 100
McCall Corp
*

Preferred

2X

Preferred B —100

17

334
2X

10034

30

Moore (Tom) Dist.l
Moore Drop For A.*
Morrell(John) & Co*
Morris (Philip)

175

2H

98
40 X

14

1634
17 34

1

3734

QQ

24

168 J4

Wk*. *

11*
35

il*

*

preferred .50

Line Material

93

334

1134
534

92

cum

McGraw-Hill

10

Monolith Portland

$3

Class

10034
134
634

il*

23 X

-100

Lincoln Service.. 100
Prior

il

X

17

30

*

7 % preferred- -100
May Dept Stores. 10
Maytag Co.
*

McCord

9
3

*

Preferred

Preferred

77

634

Lincoln Bldg v t c_ .1

Lincoln

2Vs

6

*
100

Lib McNeil & Lib .7

"X

2*
74*

105X

2734
106H

1034
434

44

1st $6 pref

234

Lemp (Wm J) Brewo

27

Monogram Pictures 1

100
1

Math'son Alkali

X
2X

$4.50

Carpet--20

20

preferred...50

Enara &

7% pref A

3

Mohawk

Vat

Natl Gypsum

5

_

334

534
1834
3734

*

Class B

334

Preferred.

4134
934

Master Tire & Rub*

Lehn & Fink Prod.6

Leland Electric

6% preferred. .100
Marshall Wells pf 100
Martin (Glen L)
1
Martin Parry Corp *
Masonite Corp
*
5% A'conv pf.100
Massey-IIarris
*
Preferred
Master Electric

18X

12*

3

Mohawk

4X

Dist ^od

6%

Barge

Voehringer.Co2.50

29X

10834
10634

Nat Food Products

Class B

2

100
Rockwell..1

4*
104

Lebtgb Valley Coal *
6% cum conv pf 50

Lehigh & WilkesBarre Corp

Shov—*

Preferred

Lawrence Portland
100

34*

Marshall Field & Co*

30

25
25

common

954

if*

National Drug—

5

1

Mock

100

26

9

4X

15"

3VS

Maracaibo Oil Exp.l

Marlin

8

2X

Valley

8

National

Mo Port! Cement_25

\*

1.90

100

Marathon Paper.-25
Preferred
100

Class B

Vat

1

Miss

11

X
7X
25X

16"

Lanston Monotype
Machine Co.. 100

4

Missouri Kansas

95

Lanova Corp

3X

Pipe Line A

com

Marion St

1

A common
B common

*

934

Langendorf United

134

Mississippi Glass—

Line

Manufac's Trading 1
Preferred
10

Preferred

39

Wells Co

f>ment

Oil

Mansfield Tire &

Landers, Frary &

Lea Fabrics

Dry Corp.l

Mission

Feb. 27

12

1

$6.50 cum pref..*
Mission Corp
10

2%

100

Shirt.25

,34

j?54
95c

Minneapolis-Moline

(B). *

28

5

Gas
1
Nat Dairy Prod—*
7% prefclass A100
7% prefclass B100
Vat Dept Stores
*
6% preferred —10

Nat Mfrs &Stores..*

Minn Min & Mfg..*
12

38*
14*

*

75c

IX
ox

5
8% preferred
50
Milton Bradley pflOO
Minneap-Honeyweli
Regulator
._.*
4% pref se- B.100

X

1

4X

*

Miller (I) Sons com

83

i*
\VA

Inc.-*

4*
1*

12 X
100

Refin

1034

Nat Cylinder

534

Supply common.*

27 3^
7

86

Nat Container (Del) 1

%

Midwest Piping &

12

8

*

Nat. Cash Reg
*
Nat Chem & Mfk__l

5X

Mid vale Co

19X

*

$7

Preferred

Corp—
*

pref

8% 1st pref
100
$2 n-cdlv shares.*

11*

Midwest

1

6 Co common

115

Oil

conv

Midland Steel
Products com.*

85"

com

Vat Casket

1

Class B vtc

"IX

15?'

preferred. .100
2d preferred—100

Class A

22

$2

"5"

5c

634
734

Aluminum Fdy..*

Net Fuel

1

16

*

National Candy—♦

334

Class A vtc

Midland

1731
15534

Nat Breweries

1234

~1X

1
10

7% preferred. .100

Vat Biscuit

33k
%

_

95

Maltine Co

Preferred

1

Mid-Cont Petrol. 10
Middle States Pet—

27

115

Mid-West Abras.SOc
Midwest Oil
10

10

75

Manischewitz

.1

Bellas-Hess

Vat

1st

Airlines—

Common

10

25X

Preferred
*
Mahon(RC) $2 pf.*
Mahoning Invest 100
Majestic Radio &
Television cora__l
Major Marketing.-1
Mai lory (P R)
*

Bros

10

Micromatic Hone__l
Midcont'l

130

10

Mangel Stores
$5 conv pref

Sugar...*

Preferred.

Manning Bowman

Milling.!

Clark

Michigan

90

*

Manhattan

Lake of the Woods
Preferred

15X

1

Mandel

5K

20

Lago Petroleum

Corp
5
Lyon Metal Prod. 10
MacAnd & Forbes 10
6% preferred-.100
Macfadden Newsp.*
Macfadden Pub—*

Option warrants.

Oil

Preferred

6 X% Pref
100
Luscombe Air pi. 50c

119

14

1

Gas &

234
45

102

1

OX
834

National Bronze &

2X
30X

*

Mich Steel Cast
1
Mich Steel Tube.234

IX

54

no54
5

100

-

1754
634

Fibres common -.1

*

Mich

20

140

*

Manati Sugar com

28

1

7

com

27

5

Lunkenheimer Co—

Razor

60

6% conv pref. _10
Nat Bearing Metals*
Preferred
100

Machine

Preferred

IX
334

734

?*

2X
50 X
X

Mich Bumper
Mich Chemical

138 X

MacWhyte Co—
8% preferred..100
Macy (R H) Co Inc *
Mad Sq Garden—*
Magazine Repeater

634

*

54

*

Meyer Blanke Co.

100
110

Mack Trucks Inc.-*

34

50

com

1

170

4X

National Automotive

Metal Textile Corp
Common
25c
Partic pref'ence.15

15X
109X

20

Preferred

11

4

60

Common

10

Mexico-Ohio oil...*
Mexican Petrol
1

140

18

Nash-Kelvinator —5

Nast (Conde) see O
Vat Acme Co
1

Meteor Mot Car

234
934
48 X

5

25

Co

Nash

754

-.1

com

National Airlines. .1

Mesta

13

pref

Assn

15

634% pref A100

51

n-c

14

62

Warrants
Mesabi Iron

30

ii*

May 15

6

Scott

Per

*

Preferred

23 X

48

Lukens Steel

—

Merritt, Chapman &
30

Stocks

1234

Merrimac Hat

20 X

105X

Lynch

154
1134

*

Laclede Steel

7*

52

Knott Corp
1
Kfluasen Creamery-

Kobacker Stores

7X

48

*

pref

May315

23

10 k

Preferred

cum

3

40

Louisville Cem,--100

5%

is x

Knapp-Monarch __*

6%

1

Preferred
100
Merck & Co com..]

12*

Metrop Playhouse.*

Ludlow Valve com.*

3134
Preferred
100 k 11234
OX
King Oil
1
Kingsbury Brew
1
King Seeley com__l
I
Kingston Products. 1

Kleinert Rubber.

123k

Louisiana Ice & El .1

Keystone Steel &
Wire

91

.

15*

Loudon Packing—*

5

Jst

37
15

Transportation. *
Merchants Refrig..*

MX

*

Cement com

Myles Standish vtc*
Nachman Springf..*
Narragansett Racing

Preferred
100
Merchants & Miners
5

115

45X

*
Longwest Corp
Loose Wiles Bis..25
5% preferred--100
Lord & Taylor-.100

Myers (FE)& Bros.*

13

9

9

1134

Metal & Thermit. _*
Preferred
100

preferred—100
Longhorn Portland
$5

"fx

15

A-_*

Long Bell Lum

Bid

Ask
share

Mercantile Proper.5
Mercantile Stores.

100

18H

CandyCorp—1

Lone Star Cement.*

10

1
1

B

JX

91

Loft

Kelsey-Hayes Wheel

1954
18X
10 X
29 X
23

$6.50

Par

11

Bid

8X
9X

30

Loew'slnc. com—1
Loft Inc

89

STOCKS

6% preferred.. 100
Mereenth'ler Lino.*

11X
2X

Locomotive Firebox*

Par

Per

*

Brothers

Class B.

16

Keller Dorian

Class

Ut

Preferred

conv

Tire

6% preferred—25
Liquid Carbonic—*

Stocks

share

iex Mar.

Liquidometer Corp 1
7%

Keith-Albee-Orph—
7%

7X
8X
8X

Corp.——10

4l"

1

Ask

Bid

share

37"

100

Dept

Common

Par

Stocks

MISCELLANEOUS

possible for the closing day of the month preceding the date of Issue

Quotations for all securities are as near as

fNew stock.

-..5

14*
234

90

MISCELLANEOUS STOCKS

INDUSTRIAL &

the month preceding the date of issue

Quotations for all securities are as near as possible for the closing day of

Per

Par

share

34

34

"

30

7

734
*

24

28

50

60

68

6

734

18

Pharis Tire & Rub.l

434

50

Phelps-Dodge
25
Phila Dairy Prod—*
$4 preferred
*
$6 preferred
*
Phil & Read C & I-*

2834
334

2834
434

Reed Roller Bit
Reeves (Daniel)

25

27

63

66

Record com.*

3

5

—100

20

25

634% pref--.100
Regal Shoe pref.100
Regent Knitting
Mills Ltd
*
Preferred
—25

234

234

25

32

1534

1634

28

33

5

6

1

1

Phila

134
134

1

24

100

140

*

17

1834

Machine Corp
Ohio Leather.
Ohio Match

*

25

28

*

15
9

17

"

Ohio Oil

a.

-

-

1034
6

534

6% preferred—100

94

96

Ohio Rubber
*
Ohio Seamless Tube5
5% preferred
•

100

125
10

834

22

20
1

1

134

100

75

90

6% preferred-.100

75

80

4

1

Oliver Farm Equip *
Oliver Un Filters B *
Omar Inc

4

7

Ohio Brass B
Ohio Forge &

common

3

5

*
1

Oldetyme Distillers

2

Reed Drug com
*
Reed Prentice com. *

Pfeiffer Brewing—*

Oceanic Trading. 10c
Ogilive Flour Mills.*

Okonite

Red Rock Bottlers. 1

1334

_

Oil Exploration

/%

%

534
134
234

Petti bone Mul liken *

3

2

Phillip-Jones Corp.*
7% preferred-.100
Phillips Packing— *
Phillips Petrol
*
Phoenix Hosiery—5
7% preferred-.100
Pick (Albert) com.l
Pierce Butler Rad_5
Governor—*

Pi ere*

234

5

34

34

334

434

27

35

3034
40

2

3

3

134
2234

23

Piper Aircraft..... 1

"734

"834

19

21

*

Pitney-Bowes Post. *
Pitts Coal (Pa).. 1.00
6% preferred-.100

~

5

6

6% preferred.-100
Oneida Ltd coml234
Preferred
..25
Oppenheim Collins *
O'Sullivan Rubber 1

62

70

16
28

1734
2934
334
234

Pgh Metallurgical 10

11

10,

79

Pitts Screw & Bolt.*

7734
534
634
1834

Otis

Elevator
*
6% preferred.. 100

Otis Steel

♦

128

7%
2234

$5.50 con v 1st pf I *
Outboard Marine &

Manufacturing 5
Outlet Co com
♦
*% preferred—100
Owens-IU Glass. 12 34

734
2634

2034
4034
11534

21

Package Mach

1

14

254
9

434

7

9

534

6

37

234
63

1334
1234

634

834

6

$50 par B

105

Pan-Amer Southern!
Panhandle Prod &
Refining com
l
Pantepec Oil Co—

5

American shares—
Pantex Pressing

234

Machine common *
Preferred
*
Parafflne Co Inc..*
4% conv pref.100
Paramount Motors 1
Paramount Pictures 1
6% 1st pref._.100
6% 2d pref
10
Parke. Davis Co..*

3

Parker Pen

Rig

434

3334

9

10

1734

10

11

734

934

15

18

634

107

Laboratories*

20""

17

334

434

3

4

10c

50c

3

5

134
4034

1234

43

49

7434

x

43

1034

*

Penick & Ford
*
Penney (J O) Com.*

134
734

7

*

Class B

8

1

& WilclO
Peerless Cement
*
Peerless Weighing &
V ending com
1
Preferred
Peet see (Rogers)
Pelham Hall vtc.-l
Pender (D)Groc'y A*

75

2

Air¬

Pa-Dixie Cement.

1434
234
234
1534

134
2

.

7% conv pref A..
Penn Glass Sand—
Common v t c

12

105

Industries—
Units

25

Penn-Mex Fuel

a

15

234

*

234

134

134

5c

10c

134

2

16

Without

par

t New

stock,




22

1534

16

228

248

234
2334

value.
x

76

1634

1634
1134

8

50

45

_

^

34

34

34

Preferred

34
1

8% preferred..100
5% preferred-. 100

Timber

Preferred

20

Pullman

Inc
*
Punta Alegre Sugar *
Pure Oil Co
*

5% conv pref.. 100
6% preferred.. 100
Purity Bakeries...*
Pyle National Co. 5
Pjrene Mfg
10
Quaker Oats
*
6% preferred.. 100
Quaker State Oil. .10
Quincy Market Cold
Stor & Whse__100
Preferred

334
25

a

Called

Ex-dividend.

Co

*

Chem.l

Corp of Am. *
$5 pref B
_*
$3.50 conv 1st pf *

Radio-Keith-Orph. •
1

common

New preferred-100

preferred
100
Corp pt A.*

Randall

B

10

Class

B

Bobbins & Myers. _*
Preferred
25
Robertson (H H)
*
_

.

*

30

1134

Preferred
100
Rome Cable Corp.5
Roosevelt Field
5

5434

5534

Root Petrol Co

113 34

$1.20

34
9

3"

334

105

1734
1934
1834

1

$2.50 conv pref..*
Ryan Cons Petrol.*
Ryerson & Haynes.l
Safety Car Heat
6 Ltg (Del)
50

734

734
7634

78

70

82

934
734
434

Safeway Stores
*
5% preferred. .100

10

834
6

97

145
12

6

51

5134
34
134
33

434

334
55

1734

2234
434

5""

100

434
34

1

2

6

7

14

16

100

10
.100
St L Rocky Mt &
Pacific Co.. 100
_

_

__

Pre'erred

Preferred

7

16

1634

*

common

$3 conv pref
Rayomer Inc com.

*
_

1

$2 cum pref....25
Raytheon Mfg..50c
6% preferred
5
Real Silk

34

21

1134

....

13"

7%

cum

July 1

37

34

1634
27

1634
2734
1

34
34

34

934
134

ii"
234

134

2

a

534

at

5
pref.. 100

111 V*.

234
32

234
4034

d Called July

1

1

Sanborn

Map
25
Sanitary Co of Am
8% preferred .100
Preferred

com.l

834

Units.

—

Savage Arms

at 11134.

e

75
107

Smith (A O) Corp. 10
Smith & Corona

11

Typewriter vtc—♦

Paper Mills.'.*
Smyth Mfg
25
Snider Packing
*
Socony Vacuum. .15
—

1

Aircraft

Conv A

20

*
1

pref

Mfg

Called

•

June

834
1534
734
334
734
34

14

18

Sonoco Products—5

26

42

47

Sonotone Corp

i334

Conv preferred—1
Sos8 Mfg common. 1

134
1134
334
134

116
13

1

12

South Coast Corp.-l
Preferred
100

25

1034

South Penn Oil—25

30

42

So Porto Rico Sug_*

234
10

934
35

3 34

134
134

134

8% preferred.. 100

2034
128

South Shore Oil &

H

Development.. 100
38

4134

3834

39

97

97 34

34

S'eastern Greyhound
Lines common.-.5

1034

11

19

20

6%

conv

pref. .20

Southern Advance

Bag & Paper $2 pf
6% pref.

85

26

Southern Groc com*

99

"434

II""

16"

*

1734

19

Preferred

Southern, New

England Ice cl A

—

South 'n Pine Line 10

17

1634

Phosph.10
Sou Webbing Mills..
Southland Royal..5
Southern

120

1734
5

34

Pipe Lines
10
Spalding (AG)&Br.l
1st preferred —*

Sparks-With'gt' — *

15
1

234
53

534
34

234
5434
534
34
103

97
18
4

834

134
734
3 34

3 34
8
5

5

8

534

534

South West Penna

134

4

55

95

1

34
1334
34

Sloss-Sheff S & 1.100

Solar

1834

25

100

San-Nap-Pak

5

Smith (Howard)

35

*

Salt Dome Oil
Samson United

8

734

15

Spear & Co

Pap com..5

2

$6 preferred—100

134

17

100

Preferred

Hosiery

Mills common

St Regis

34
6

10534

20

Skinner

26

1034

15

Stock Yards

Raybestos-Manhat *
Raymond Concrete

18
r

20

com

Skelly Oil.
Organ

7

534

St Paul Union

36

Simplicity Pattern. 1
Simpson Ltd B
*
Singer Mfg
100
Singer Mfg Ltd... £1
Sioux City Stock

SIrian Lamp com..*
Preferred
*

100

St Louis Screw—
& Bolt com

21

*

Preferred

7

100

St Louis Car
Preferred

Common

Yards

Paper—

Preferred

95

29

com

St Lawrence

434

65

%
134

334
34

60c

Co 7% pref...100

1

Preferred

434
134

Simonds Saw & Steel

134

3

Mills
1

34
434

6

134

Corp.*

conv

1334

*

434

pref
50
St Lawrence Flour

$2

4

100

St Lawrence

20

*

Pt

5

334

Paper...100

Preferred

*

Pub preferred

Simmons Hdw &

Simms Petroleum. 10
Simon Brewery
1
Simon
(Franklin) A

6% preferred-.100
7 % preferred-. 100
St Croix

100

142

1034

Royal Typewriter.*
7 % preferred. .100

man

Simmons Co

Solar

21
8

34

134

85

Rustless Ir & Steel. 1

1834

634

Royal Dutch Co

1834

6

10

Simmons-Board

Rose 5 10&25c Store

Ruberoid Co
*
Russeks 5th Ave .2 34
Russell Mfg
__*

105

8

*

34

1

"8

r

*

Silex Co

22

pfd_20

conv

100

ft

O

96 34

68

Shuron Optical

Common

100

of N Y ord shares.

30

Preferred

4

3534

10734
434

*

95

634
34
134

*

2434
34
1134

230

Sher-Wms Can

30

29

23

Rogers Paper A
Rogers Peet

11234

134

6 34
10

6034
334

22

25

Sherw-Williams ..25

14

9

Hoist

234

74

134
9

19

Q
O

5% pfser AAA 100

100

7% 1st pref

5% preferred..100

224

&

18

134
,

534

18

.

Robinson(Dwight P)

Roeser & Pendleton *

26

1234
1634
234

Robertson Pap Box.5

Rockwood & Co

3-8

734

9

45

5

534% conv pf-100
Shepard Nlles Crane

*

20

Packing

334

•

53

3

Preferred
100
Rltter Dental Mfg.*
River Rasin Paper.*

10

Rath

36

*

3434
1334

7

Richman Radiator. 1
Richmond Cedar

7

*

Rapid Electrotype.*

*

*

pref

50

Richfield Oil Corp.*

834

38

Radio

Class

Richardson

834
834

1

com..*

conv

34

5s

common

Propper McCallum *
Prosperity Co B
*
Publication Corp..*
1st preferred.. 100
Original pref. .100
Puget Sound Pulp &

$5

1

Sheaffer (W A) Pen*
Shell Transp & Tr £2
Shell Union Oil
*

84

134
324
Rice Stix Dry Gds_*
1st pref
100 k 10934
82
2d pref
100
ordinary

534

1

934

65

_

100

Producers Corp
of Nevada.

Rhodesian Anglo. 10s
Rhodesian
Selection

'9

Rochester Button. *
Preferred
100

34
47

*

Seton Leather
Sharon Steel Op

Riverside Cement—
Class A
*

20

18

32

Proc & Gamble

10
10

common

Riegel Paper
Riley Stoker

34

45

*

6734
934

W orks common .10

7

*

Price Bros & Co

78

65

Warrants
_

_*

Pressurlube Inc...

Pile

com..

Peoples Drug Stores5
Pepsi-Cola
"*
Albany Bottl Co.
Perfect Circle

price,

1

164

10 34

Units

Pennzoil Co

134

15834

Penn Sugar.
20
Penn Traffic.
234
Penn Vy Crude Oil—
Class A
6
Class
B
lc

9

71

1734

Ralston Steel Car. 10

Penna

Penn Rivet Corp.. x
Penn Salt Mfg
50

534
134

16

New

11

pref

434
134
734

Pratt & Lambert..*

Rademaker

14

Penn Coal & Coke 10

conv

J4

16

Peck, Stow

$7

4

70
7

634
3234

1

7% preferred

Penn-Central
lines Corp

4

&

common

Pathe

37

3034
1034

68

Parmelee Trans
*
Pathe Film Corp—1

"I"

20"

5% conv 1st pf
5
5% conv 2d pf—50

5

B

1
Rhinelander Paper 10

34

15"

1

Class A

Rheem Mfg Co

34
334

Common

74

Inc.

94

Powdrell & Aiexan.5
Prairie Oil & Gas .25
Pratt Food
..100

Pressed Metals Am. 1
Steel Car—

Servel

Reynolds Tob

34
134
134
334

Hall

1534

1434

14

pref

834
34
%
134
834
634
934

Sorrick Corp cl B.. 1

434
1534

t

434
45

30

*

Prentice

5

434
40

1234

12

5

50

Selberling Rubber.*
5% preferred-. 100
SelbyShoe..
*
Selfridge Prov St £1.
Sentry Safety Con.i

26

♦

stamped

4034
34

1

3434

*

Pref

134
634

134

ware com

Preferred

7

6

834

6534

♦

534
7 34
2034

Aircraftl

Potrero Sugar com .5
Preferred
.5

35

534
34
1234
134

43

14

Class B

434

43

40

35

Segal Lock & Hard¬

1

t, c._l

100
Steel
*
Warrants
Seaboard Oil (Del).*
Seagrave Corp
*
Sears, Roebuck
*

$3 50conv oref..*
Shattuck (Frank G)*
Shawnee Pottery. 1

1234
634

—

534

Sharp & Dohme

Pressed

"234

_

Reel

6~"

33
29

Parker Rust Prf.234
Parker Wolverine. *
Parker Young units.
Park & Tilford Inc.l

-

21

Barney com
5
1st preferred.. 100
2d preferred. .100

74

*

Class A

conv

10

Parkersburg

Class A-

2634

*

22

.1

*

102

25

55

30

_

3534
10234

17

23

Poor & Co class B.

16

42

115

Polaroid Corp
Pollak Mfg

8% preferred..inn
New pref w i
25
Scott Paper
»
$4.50 nreferred..*
$4 preferred
*

Seeman Bros

1834
424
634

warrants

Republic Air Prods 1
Republic Aviation. 1
Republic Steel
*
6% conv pref.100
6% prior pf A.100
Revere Cop & Br..5

34
234

1

334% pref

1034

w„25

I

Scullin

20

8

v

iM

com w

65

100

Potash Co of Am..5

34
1334
1134

Pan Amer
Match.25
Pan Amer Petrol &

.

934

103

w

934

Schulte Real Estatel
Preferred
100
Schulte Retail Sts.l

10

934

Porto-Ric-Am Tob—

1

Palmer Bros
*
Pan Am Airways..5

.

Pocahontas Fuel. 100

Porterfield"

41

234
5834

Tubes *

Pairpont Corp.. 100

Pneumatic Scale..
Preferred

3

134
234
834
434

»

Transport

134

9

*

Packard Motor

6

____

rights

Bond

*

Scruggs-Vander-

100
2

conv

834
65

100

Schiff Co

Scovill Mfg
Scranton Lace

6

534
34
634

£&% pref
com

Per

27

7% cum pref. .100
534% cum pf.. 100
Reynolds Metals..*
534% conv pf_100
Reynolds Spring
1

834

;*

Plough Inc
734
Plymouth Cord.100
Plymouth Oil
5

44

534

65

100

Pleas't ValWine Col

41

Pacific West Oil—10

Pittsburgh Steel—*
7% pref B
100
534% prior pf-100
5% oref A
100
Pitts Term Coal—1

(Thos G)—
7% 1st pref
100

534

1st preferred
*
2d preferred
*
Pac Coast Term. .10

1

60

Plant

46

50

Pacific Coast Co.. 10

Pitts Forgings

Preferred

90

Oxford Paper com.*
56 preferred A
*
$5 preference
*
Pac Amer Fisheries 6
Pacific Aviation—.1
Pacific Can
*
Pacific Coast" Cem" *

*

Pittston Co

50
118

45

Ox Fibre Brush

Page-Hersey

1234

1124
120

pref

conv

-

ii"

Preferred

12

Pfttsg PI Glass—25

234
....

Oswego Falls comlOO

17

Pitts Coke & Iron—*

w

934

Rern'tn Rand com.l

4134
634
434
1834
634

1

-

15

10

*

100

Reo Motors

634
334'

r

pref.25
Remington Arms..*
B

37

634
-

334

r

Oil.34

Preferred

$1.50

-

Mfg Co. 10

Reliance

834
234

-

29

Reliance El & Eng 5

8% conv pref.100
Pilgrim Explorat-_l
Pillsb Flour Mills. _*
Pines Winterfront.l

$5

Reiter-Foster

Reliance Steel

Pirelli Co of ItalyAm shs 500 lire—

99

Reichsbank Shs

Preferred

12

8

-

334

*

12

Reliable Stores

3

234

—

-

a

New

18

17

Co..*
7% 1st pref
100

36

10

85

*

Reis (Robt) &

4

334
2934
234

.

Preferred..
Units

Pierce Oil Corp—

Preferred

434
-1234
634

1234

Preferred

3 34

1

*

134

10

Pharmacal.234

.....

1
*

Engine
Reda Pump
Red Bans Oil

47

Warrants
Northwest Airlines.
N'west Engine
N'west Yeast.
100
Norwalk TlreA Rub*
7% preferred- .60

234
434

Savannah Sugar.. .1
Savoy Oil
5
Schenley Distillers.5

34

Petrol Heat & Pr__*

634

Preferred

19

2

Aircraft &

734
334
1134

Class A

Novadel Agene
Noxzema Chem
Nu-Enamel

38

1634

Conversion .1
Derivatives.*

Petrol
Petrol

Northrop Aircraft

Norw

35

*

Pet Milk

par

1

Realty Operators—
Rearwin

Bid

Stocks

share

Per

Par

434
234

,134

Ask

Bid

Stocks

share

4

Per vel Corp
--1
Peter Paul Candy.
*
_

28""

.10

Ask

Per

1

Permutit Co

North German Lloyd
Amer shares
New over-stpd
North & Judd
26
North Pipe Line

Bid

Stocks

Ask

Bid

Stocks

434
934

$5.50 preferred. .
Spencer Kellogg
Spencer Shoe
3 perry Corp vtc..
Spicer Mfg Co
$3 conv pref A—
Spiegel Inc com—
$4.50 conv pref..
Sport Products

Springfield Ice & F_
Square DCo
Squibb (E R) & Son
$5 pref ser A'. .._*

27

20

134

2

10

8

134
3 34

2
4

68

80

1534
134
3834

1734
134
39

26

2734

4634
534

57

49

50

634
2934

6

8

3l34
39

36

11034

112

90

2134

1

22"

at 115.

k Last sale,

n

Nominal.

r

Canadian

June, 1940]

industrial

Stocks

Bid
Par

Stahl-Meyer com..*

Par

Per share.

2

15

25

Sfcaley Mfg oo-.j.IO
7% preferred. .100

14

16

105

108
99

$5 preferred—...*
Standard Brands
*
$4.50 cum pref
*
Standard Brewing..*
Stand Gap A Seal._l
Conv

preferred _10

95

53*
98 3*

5X
99 X

7%

8%

16

17X

5

43*

5*

X

»

23*

13X

U S Pipe & Fdy..20
U SPlaying Card. 10

23 3*
29

11 X

13

U S Plywood
Common

Thompson AutoArm 1
Thompson (J R)..25
Thompson Prod—*
$5 conv prior pf.*
Thompson-Starrett *
$3 3* preferred—*
Tide W Assn Oil. .10

X

IX
93*

8

4

33*

Preferred
Stand Oil (Cal)—-•
Stand Oil (Ind)._.25
Stand Oil (Kan)..10
Stand Oil (Ky)_._10
Stand Oil of N J—25

30

173*
303*

Stand Oil (Ohio)—25

283*

5% preferred-.100

19

30.X
IX

183*
213*

185*
213*

43

45

165*

98

63*

—

—

U 8 Steel

7 % preferred
U S Stores

Securities..*
100

1

3

20

25

Towne

Lux

Trans

"33*

*

5

Transwestern Oil .10
Trico Products
*

2

Steel

13*

153*
36%
303*

24

38%
323*

Forging

Triplex Safety Glass
Am dep rets
Triumph Explos
2

X
35

X
45
66

65

Delaware

1

Truax-Tr aer Coal.

*

_

35

2 3*

3X
8X

Lamp
1
pref *

conv

61%
%
14

25
Stewart-Warner
6
Stinne8 (Hugo)Oorp5

1

3 X

*

com

Series A pref
*
Series B pref...*

5*6

Hirshbarg.*

Struthers Wells
Titusvilie com

Submarine Signal.25
Sullivan Mach'y
Oil

*
*

com

6% cum pref.. 100
Sunray Drug
1
Sunray Oil
1
53*% conv pf..50
Superheater Co
*
Superior Oil Corp..1
Superior Oil (Cal) 25
Superior Portland
Cement A pref..*
Class B

Susquehanna

94

98

64

68

3X

80

73*
10

~8~%
12

33*
73*
*>3*

4X
8X
ex
25 H

22

48 X

50
125

8X
IX

9 %

1

Sweets Co of Am.50

Sweets Steel
Swift Business
Machine

1

dep ctfs of bear shs
Sylvania Industrial *
Symington Gould—
Common

w w

Common

xw.

...1

1

Taggart Corp

1

$2.50 pref-

*

Talon Inc common.5

Tampax Inc
1
Tappan Stove
5
Tastyeast Inc cl A_1
Taylor-Colquitt Co 5

15

Taylorcraft Aviat'n 1
Taylor A Fenn..l00
Taylor (K) Dist
1

if*
5

1%"
17X

16

17 X

5X
4X
3%

33

37

52

4

,143*

30*

io!H

Iron & Steel

com.

Inc

Tennessee

Prod

*

5

5 %

10

10 X
3 %

*

4X

z

com.

Preferred

1

*

Term Warehouse 100
Texas Corporation 25
Texas Gulf Prod
*
Texas Gulf Sulph..*
Tex Pac Coal & Oil 10
Texas
Pacific Land
Trust efts

1

Texon Oil & Land..2
Thatcher Mfg

$3.60

conv

*
pref..*

53

23*
19
5

58
3
21
8

35 X

35 X

2X
29 X

2 %

5X

3%
23*
9

36

293*
6

4X
2%
10

41X

1
1

13*
IX
X
163*

*

28

85

88

6

8

100
*

pref. 100

United Carbon
*
United-Carr Fast..*

United

Chemical. _*

45

7% 1st pref
100
Vapor Car Heating *

50

13 X

13 X

Preferred

10

11

X
15c

25c

X
15

♦

B

..♦

ex
3X
2%
43

6% part pref. .100

5

27

*

64

66

United Molasses Ltd
Amer dep rets. .£1
Unit Paperboard. 10
Preferred
100
Unit Piece Dye com*
Preferred
100
United Profit

Sharing...

25c

Preferred
10
United Screw A Bolt
Class A..'
*
Class

B

*

Un Shipyards B
Class

3%

Merchants

ex
20

7X
233*

71

83

X
IX

Preferred
25
United Specialties. 1
U S Cold Storage..*
U S Distributing
5

4X

U S
U S

Freight
Graphite

*
5

U S Gypsum

20
7% preferred. .100
U 8 Hoff Machine.5
5X % conv pf__50
U S Holding
*

U S Ind Alcohol...*
U 8 Leather com..*

7%

cum pr

pf.100

58
165

33*
233*

24~"
6%
3*

.

_

•

Walworth Co

—

6% preferred

*

10

Com class A....*
Com class B
*
7% preferred. .100
Warner Bros. Plct..5
$3.85 conv pf—*

4

155*
3%
47

6%

23*
43*
63*

Warner Co com—*

7

Warren Bros

Preferred—

6

65*

173*

18

90

94

193*

20

103*

113*

35*
3%

Ac Last sale,

*

4

4%
%

14%
23*
303*
13*

1

17%
25*
2

%

3*

1

3

6
24

40

43

Waukesha Motor—5

15

16

153*
25*

16

1

Webster Eisenlohr.*

7% preferred
100
Welch G'pe Juice 2 X
Preferred
100

r

26

5

3%
5%
63*

5

523*
43*

563*
5

Wood

Newspaper
Machinery pref.

Woolw'th

3

*

.

(F W)_10

6

10

15

203*

203*

35

45

115

303*

••

-

m

mm

305*

Woolworth Ltd—
2

10
7

Worthington Pump
15%

*

7% pref A

100
6% pref B
100
43*% conv prior
preferred
100
43*% series prior
preferred
100
Wright Aeronaut'l.*

Wrigley (Wm) Jr..*
Wurlitzer (R) comlO
100

Yale A Towne
Yellow
Truck

25

35
27
93

75

83*
95

*

153*

A

Mfgcl B..1
7 % preferred. .100
York Ice Mach
*
7 % Preferred- 100
Young (J S) Co..100
_

100

115*
1003*
1%
183*
80
126

Young (L A) Spring
*

A Wire

Youngstown
Car

23

Nominal,

23

33*

Preferred

37
7

6

*

Wayne Pump

n

5

Coach

(Northam)
$3 conv pref
*

16%
33*
553*
73*

Station

Wolverine
Portland
Cement com
10
Wolverine Tube
2

Wyman Gordon

73*

73*

6

33*

5

Steel

common

Youngstown Steel
Door common

14%

155*

305*

*

Youngstown Sheet A

Warren

5

2

10

Goodwill

Preferred

33*
43*

Fdy & Pipe *

Warren

The

A Mach

$1 cum. 1st pref.*
$3 cum pref
*

30

WJR

1

5%
115

5

21

1673*
35*

Hosiery 100
Winters A C'mpton 1
Witherbee Sher pf .50

40

16

59

Winsted

8

Am dep rects ord.

Ward Baking Corp—

13*
33*
5%
43*

*

80

Preference
Worcester Salt. .100

7% prior pref. 100

91

Preferred
100
Willson Products..1
Wilsonite Products 1

6

6% preferred.. 100

35

4

4

58 X

5*

3%

413*
193*

3?*

75

""3*

13*

23*

2X

70

86

.1

~9_"

6

30

U S Foil B

8X

3

Preferred

*

126

43*
3*

Preferred

403*
4X

♦

Woodw'd A Loth'plO
Preferred
100

WalkerJH) Good m

6

100

78

Waltham Watch cl B

5

Finishing

32

75

223*

& Worts com..*

58
30 X

4

Prior pref units
Woodward Iron.. 10

36

28

IX
IX

7% conv pref. 100
8 Envelope
100

U S

*

*
Walgreen Co com..*
4X% pref w w 100

%

25

32

100

Waldorf System.

0

IXt

1%

WaittABond Inc A *
Class B
*

X
2X

2

7% preferred-.100
Woodley Petrol
1

8%

Wagner Electric. .15
JWahl Co
•

60

73*

Oil

2

Preferred

28

1

5*
23*
163*

10

73*

Wagner Bak vtc-.l

43*
3%

8

1

A

6

Warrants

%
25

23*
3*
363*

30

Iron

5
108

Wood (Alan) Steel.*

153*

100

Coal A

Waco Aircraft..
1

3 X
50

X

Va Iron O & C

32

United Fruit

33*

52

21

2

5% preferred-.100
VogtMfg
*
Vu'can Corp
*
$3 pref
___*
4 3*% pref
*
Vulcan DetinninglOO
7 % preferred. .100
Vultee Aircraft
1

7X

5

19

Va

47

ex

X
353*
3*
23*

5
Va-Car Chemical..*

United

Electric
Coal Cos com
Un Eng & Fdy

2

Victor Chemical

7 X
4X
4X
33*

*

Wilson-Jones

Victoria Gypsum..*
Preferred
100

Vicana Sugar v t c.3
Vlck Chemical.... 5

X
17

15c

100
50

Willcox A Gibbs
Wilcox
(H
F)

*

Venezuela

Vertientes-Camag'y
Sugar common..5

55*
3%

*

*

Vega Airplane

l

37
100

Spencer

common

$6 preferred
Wilson Line

60

2

W i ckwire

Wilson A Co.

Veeder Root Inc...*

13*

7 % preferred.. 100
Wichita River Oil. 10

29

Venezuelan

Petrol,

97""

Whitman(Wm)pfl00
Whittaker Paper com

Williams
(R C> —.•
Willys-Overland
1
6% conv pref. .10

14

Synd

65

Gas....
5
Wm
Oil-O-Mat—.♦

14

55

53*

*

A

9

47

A

& Mfrs v t c
1
United Milk Prod..*
$3 part pref
*

30%

ox

100

Common

Whitlock Mfg Co 25

Preferred

40 X
12

1113*

Class

*

17
32

95

303*

143*

Prior pref
20
White (SS) Dental 20
White Rk Min Spgs-

Wilcox Gay Corp
Will A Baumer

1

973*
493*

110

Class

United Elastic

3*
13%
283*

5

Suchard
Chocolate com 50c
Preferred
$50

115

conv

203*
96 3*
513*
8%

Wilbur

30

*

*
1

30

Steel

101

Preferred
United Biscuit

t Name changed to Eversharp, Inc.




JH

5

323*

Weyerhaeuser TImb*

7% first pref. .100

60

Part convA cl A.*

♦No par Talus.

23*

25

U

Warehouse Corp50

13*
....

26

2

Terminal Ref A
Term A Trans

17

55

Liquidating ctfs..

*

3X
4%
IX

J*
68

13 3*

24

Un Shoe Mach

Telaut'g'ph Corp. .5
Tennessee Corp
5

com. 12 X
Preferred
-.100
Utah-Idaho Sugar .5
Preferred
10
Utah Radio Prod-.l
Vacuum Concrete. 1

5
61

24

5*6

Taylor-Wharton
Technicolor

*

$4 preferred
__*
Van Nor Mach Tool 5
Van Raalte Co
5

54

3

3

100

14X
IX

X

30

5% conv pref..30
Weyenberg Shoe
I

W hite Motor
1
White Sew Mach.. 1
$4 conv pref
*

15

14

5

7% preferred.. 100
23 X

17X

27

49
140

7

United Drug
5
United Dyewood.10

IX

95

40

131

_

*

OX
10%

IX

13 X

*

8 % preferred. 100
Universal Pictures. 1

*

Stores com
10c
$5 preferred
*
United Drill A Tool -

53*
43*
23*

Univ Leaf Tob

8% preferred. .100

Lines

Instrul23*

Corp .*
6% Preferred.. 100
$5 conv prior pf_*

11

Corp

22 X

2X
18X

73*
12

Vanadium

Air

93*

*

Wheel Steel

1

8% 1st pref

863*
115

Westvaco Chlorine.*

Van Camp Milk

United

Swift A Co
25
Swift Internat Ltd-

13*
35*

HX

205*

35*

5

3*
3 3*

5
Valvoline Oil comlOO

6% preferred..100
United Cigar-Whalen

1

3

43 X

14X
IX

16

*
*

Westinghouse Elec
A Mfg com
50
7% 1st part pf_50

Weston E

Cooler—

Conv partic A
B

Class

11X

14

4X

13*
29%

43 X

A*

21*

82

United Aircraft
5
Un Aircraft Prod__l

40

Silk

Class B

74

63

Transport

18%

6% prior pref. 100

common.

...

25J*

Un Artist Theatre.*

13*

_*

10

Preferred

10

1

West]and Oil

Valley Osage Oil
Valspar com
$4 conv pref

25

123*

♦

Greenland

com.

20
Westmoreland Inc.l

60

33

73*

Sutherland Paper. 10
Swan Finch Oil... 15
Preferred
.25

15

Oil

IX

Common.

12X

14

Tablet A

Stationery
Westgate

5

24 X
8

$3 part pref
*
United Cigar Stores-

10 X

1

12X

Newspaper

Union common._*
Western

Westmoreland
Coal new

5*8

23

7%

120

1

106

15*

13*

Conv preferred. 15
Un St Yds Omaha 100
Union Tank Car
*
Union Wire Rope..*

6

*

Mills class A

_

Stores com

100

com

Superior Steel

Union Oil of Calif. 25
Union Premier Food

.100

4

3*6

United

*

1.25 preferred..*
Studebaker Corp-.l

aun

"ox

55

Western Groc Ltd.*
Western

Westinghouse Air

45

12 3*

6

3

Common
50c.
United Stove
1
United Wall Paper.2

pref

Corp.*

10

15*
28

West Grocer Co__20

40

conv

Vadsco Sales

25

102

1
*

*

$6

7% cum pref. .100
Valley Mould A Iron

Stone & Webster..*

Dairies
preferred

13*

Upson Co

6

Western

6

64

25

43*
23 5*

10

1

40

Mfg

Common

13*
5%

63 X

Union Carb & Carb
Union

96

Preferred. 100

5

IX

9

6%

Western Air Expr__l
West Auto Supply—

Brake

105*

4X

Strouss

12

IX

7 %

Stroock (S) & Co..*

11

73*

W Va Coal A Coke. ♦
West Va Pulp Pap.»

United Stores A

Universal Prod

%

55
5

conv

Preferred.

M
33*

43

18*
30

4

110

Universal-Cyclops
Steel Corp

5X
143*
7X
33*

*

$3

840*
45*

75

323*

24

1

-.

2*'

*
*

pref

$4

Western Cartridge Co
Preferred
100

2%%

Corp common
*
Union Bleachery 100

35*

5%

23*

7

*2*

Underw Ell Fisher.*
Unexcelled Mfg._10
Union Bag A Paper

Stokely Bros..
Conv pref

Stromberg Carlson.*
6 % preferred
100

2

X
X

Coach

Stlx Baer A Fuller. 10

Strawb'ge A Clothier
6 % preferred.. 100
7%
preferred- _ 100

8

X

1093*

Universal Corp vtc.l
Universal Consol
Oil--.
10

10

IX
103*

653*
46%

_.*

17

United Stockyards—
Common
1
Conv preferred..*

Universal

com__l

IX
20

3

13*
3X

Ulen & Co

65 %

14

X
3X
7X
ex
IX
ex

4

13*
83*
13*
73*
X

585*

*

*

Michigan Steel
Foundry
*

43

Preferred

13*

UdyliteCorp

Twin

ilH

23*

5X
14X
ex

*

$1.50 preferred. .*

13*
13*

*

...

80c div

10

Common

16

IX
3X

20th Cent Fox Film

6

1

Btetson (J B)
Preferred

Steel

Tung-Sol

38 X

3*

29

Trojan Oil A Gas of

•

6% 1st pref
50
5% 2d pref
20
Sterling Aluminum

6

5X
2X
30 X

1

Warrants

Truscon

common

13*

Williams

'

..

11

93*

drift com.

West Indies Sugar. 1

•
100
50c

Corp

1

West

42

7 % non-cum pf.25
U S Truck Lines. .1

15

Daylight

11

Preferred A

14 X

%
28

23*
X
IX

1%

Preferred
*
Wesson Oil A Snow¬

283*

50

U S Tobacco

Screen..1

Picture
Transue &

23

5

West Air Line

~

43*

3X

22

7

Conv 1st pref
U S Sugar Corp

&

Transcontinental

125

23*

1

Corp

11 X

31

Wellington Oil...
Wells Fargo & Co._l
Wentworth Mfg. 13*

5

12X

Transair

•»

25

Preferred A

27

13

8tern Bros

Preferred

24

10

Sterling Brewers.
1
Sterling, Inc
1
$1.50 preferred..*
Sterling Products. 10

1st pf.100
U 8 Rubb Reel
*

Per share

Par

23*
23%

X
26

n-cu

25

Stein (A)A Co com ♦
Sterchi Bros com..*

1

U SSm Ref & Min50

8%

213*
265*

10

22

Trunz Pork Stores.*

com

57

U S Rubber

5
Shipbuild..*
Torrington Co
*
& Pump

12

Products

6% preferred— .50
Realty A Imp.*

U S

203*
37 X
IX
13*
4X

7 % preferred

Preferred

Phosphate & Acid

Common v t c.-l
Steel Co of Can— *
Preferred
25
Steel Products Eng 1

Shipyards—*

Toledo

105
7

44

1

20

1

Tokheim Oil Tank

22

Works

X
4X

Todd

Stand Steel Spring. 5

8tanley Works._.25

1

Aircraft

Tishman Realty. _
Tob Prod Expts..

50

U S Radiator

58 X

Roll

Timm

»

6% pref A

128

20 X

22

Stand Tube cl B__ I
Standard
Wholesale

Starrett (L S) Co..*
Starrett Corp— >

22

1

Common
83

105*
253*

123

30

Standard Products. 1
Standard Screw..20
Preferred A
100
Stand Silica com
1

8X
79

share

Corp—
pref.20

conv

U S Postal Meter.. 1
U S Potash
*
U S Print & Litho—

9

$1.40 conv pref.20
com
*
Bear.*

$1.50

104
1

Timken-Det Axle. 10
Timken

4X

4X
29

10

Time Inc

pref .20

U 8 Lines pref

3X

Bid

Stocks

Ask

Per

28 X
15

53*

Tobacco com
1
Standard Dredging
Common
1
conv

Bid

Par

3

Tilo Roofing com.. 1

Stand Commercial

$1.60

Stocks

25

43*% conv pref

Products com.10c

Stand Fruit A S S.10

Ask
share

1

Standard Coated
Preferred

Per

$3 conv pref—10
Thew Shovel
5

Thermoid Co

1

100

Preferred

possible for the closing day of the month preceding the date of Issue

Bid

Stocks

Ask

91

miscellaneous' stocks

&

Quotations for all securities are as near as

2%

60

183*

20

53*% pref.. 100
Young (Thomas)

70

303*
853*

1
Zenith
Radio
*
Zonite Products—1

10

12

Tube

common

*

Nurseries com

108 3*

Canadian price.

/New stock,

x

Ex-dividend.

9

23*

93*
25*

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,
asked quotation is published—either actual figures or on a

it will be found that for the single maturity bond a bid and

In furnishing the prices below,

certain basis.
list matures from 1940 serial
and is quoted 0.50 endeavor to obtain the yield that the earliest maturity yields
Bercentage bond in In furnishing prices for the to 1951bonds, however, we to 3.00%—this would indicatebasis for the varying maturities. 0.50%instance,
For and the
'

our

a

latter maturity is yielding 3.00%.
Therefore, in the following list,
asked prices.

Quotations for all securities

are as near as

Bid

Ask

also pa ge

4s pub highway 1949-51.M&S 6 2.75
4s refunding 1941-1954
J&J b 2.00

19.

3 Ms refunding 1955-1965.J&J b 2.90
101
State Bridge Corp 4s 1940-1951

4s Dec 15 1944-1954—J&D 111.26 112
3Ms Mar 15 1946-1956 M&S 111.28 112.2
3 Ms June 151940-1943 J&D 1100.19 100.23

3 Ms Mar 15 1941-1943 M&S 102.26
3 Ha June 15 1943-1947 J&D 107.18
3 Ha Aug 1 1941
F&A 103.21
3 Ms Oct 15 1943-1945 -A&O 107.18
3 Ha Apr 15 1944-1946-A&0 108.6
3 Ha June 15 1946-1949 J&D 108.31
3 Ha Dec 15 1949-1952 J&D 109.24

5s schools 1940-1947—J&J b 2.50
98
Bessemer—New ref 4 %

102.28

107.21

103.24
107.20

Birmingham—
2Ms 1941-1952
A&O
3s 1944-1959
A&O
3Mb impt ref 1940-50--J&J
3 Ms Imp ref 1942-1958 A&O
4s 1941-1961——A&O
4Mb 1941-1960
A&O
5s sewers Sept 20 1941 M&S
Florence refunding 1% to 4%_
Gadsden 6% impt long mat-

108.8
109.2

109.29

107.2
106.7
105.9
105.5
104.9
104.5
103.28 104
103.28 103.29
106.18 106.24

106.3

-

Jefferson

101.25

5s

103.17

99.18
99.15
100.13 100.16
99.6
99.3

Home Owners' Loan Corp—
3s ser A 1944-1952
-M&N 105.12
.

Loan

109
100.4

M&S
J&J
J&J
J&D

J&D

'46-'26-MJSD

101M 1.50

99
102 M
100
108
112

1

99 M
99 M
99 M
99 M

'40-'50-M&S

97

97

Univ Bldg Jan5'41-65J&J
Par
Highway 1940-48.J&J30
1941-1947
F&A 6 0.40

Olympiad 1940-71--J&J2

b Par

—-F&A b 0.40

102

4.34

99

103 M
97
102 M
102

100 M
106 M

105 M 4.40
104 M 1.25
100

2.50

105 M 2.40
105 M 3.60
101M 1.25

108
105

109 M 3.00
112
3.50
108 M 2.25

114

118

ALABAMA

4.00

2.75

4Msharborimpt June 1 '40-'73
4Mb highways 1952..
M&S
4Mb 1956 and 1959
M&S

2.00

to 3.20

2.90

4s renewal July 1,1956
4Mb 1942. 1946, 1949—M&S

3.00
2.25

2.75
2.90
2.75
to 2.75

3.00

%

to 3.00

1.00
1.00

to 3.00

0.25

to 2.00

Par

to

2.90

I

to 2.20

%

%
%

to 2.00

to 3.15

2.90

to 3.00

1.00

to

3.151%

1.00

to

1.00

to

3.00 %
2.40 %
~

3.15

to 3.15
to

to

%
3.25 %
3.25 %

J&J
4Mb 1967-1977
Spring Val 4Mb '67-'69.J&J

3.10

to

0.50

to 2

%

-%10

.30
CK75
1.50

4 Ms gold Aug

1943—F&A

4.00

Turlock Irrig Dist 6s

CANADA—See

94.

page

COLORADO

t

to 2.40

%
%
%
1.70 %

to 2.30
to 2.40
to

to 1.25

%
%
%
2.60 %
1.60 %

to 2.75

to 2.75
to
to

to 2.40
to 2.40

to 2.40
to 2.40

to

2.35

to

3.40

„

,

to 3.25
to

3.70
3.75

6 1.10
6 0.40

to

2.00

6 0.75

to 2.00

to 2.80

to 2.70
to 2.70

Bristol

to 1.00

Cornwall 2s 1940-1956

to 2.25

D3MsI?und

to

1940-1962

J&J2 b 0.40
J&J2 b 1.75

to 1.60
to 2.50

0.40

J&J

to

2.60

to 2.50

_

--

2Mb WatWks 1956-76 M&N
3 Ms Water wks 1952-19753Ms Water 1940-1941 -A&O
4 Ms Water 1940-1970-A&O
4Mb Sch 1940-1944---J&D
4 Ms 1940-1968—
-J&J
4 Ms 1941-1969
M&S

J Correction—called June 15 at 100.

%

to 1.50

to 2.60

4s
2.90

to 2.00

1.00

.

*50-J&J

3s Feb 1941-1952——F&A

4.35

1.00

2.60

2Ms State H'way '40-'54.J&D b 0.50
3s warrants 1940-1951—-J&D b 0.50
2Ms warrants 1952-'54—J&D b 2.50
98
2s Highway ref, 1940-'47-J&D b 0.50
98
Colorado Springs—
Ref lMs 1941-1943—-M&S 6 0.50
Denver (City and County)—4Ms Water 1944
-J&J 6 1.60
less
4Ms Ref Wat 1940-67.J&D 6 0.50
less
4Mb Water 1962-1965.J&D 6 2.85
SDNol 4Ms 1941-53. J&J 6 0.60
2.70
4s July 1941-1945
J&J 6 0.60
less
3.65% March 1.1950-1954. 6 2.25
less
2Mb Sew dist 1§47-56-A&O 6 2.00
3s 1963-1972 opt 1955-A&O 6 2.60
3 Ms Mun Water Retire
1963-1972 opt 1955.A&O 6 2.60
2 Ms Sewer Disp '47-*56A&0 6 1.50
to 3.30
Moffat Tunnel Imp D—
to 3.00
5 Ms 1944-1963
J&J 6 1.75
to 2.50
5Ms 1947-1956
J&J 6 2.40
to 2.40
5Ms 1964-1973
J&J 6 3.50
to 3.05
5s 1974-1983.
—J&J 6 3.90

Veterans Welfare—

4.29

to 1.75

0.40

118M 3.40

102

0.75

2.50

0.40
2Mb Feb 1 1941-1954-F&A
0.40
2Mb Feb 1 1941-1954-F&A
0.40
Alameda 4s 1940 to 1941-J&D
0.50
4Ms Mun Imp '41-48-A&0
0.40
Bakersfield 5s 1940-1952-A&O
0.75
Berkeley 5s 1942-1951
J&J
0.40
5s School 1941-1955
J&J
East Bay Mun Util Dist-—
5s 1941-1974
J&J b 0.40
East Contra Costa IrrigDistOs
Golden Gate Bridge & H'way3 Ms series C 1942-1971-J&J b 1.25
Imperial Irrigation District—
48
Refunding 6s 1983
J&J
52
Refunding 5s 1983
Los Angeles (City)—

115

102

2.60

to 2.70

to

CONNECTICUT
Funding and building bonds-—
lMs 1944-1958
J&D
Branford (T) 2s 1940-57-J&D
Bridgeport—
5s Refunding 1940-48—J&J
lMs 1940-1948
J15&D15

4s Harb Imp 1985 opt

99

to 2.00

^

b 0.40

5s Jan 2 1941-1943
4s Jan 2 1944-1948
3 Ms Jan 1 1941-1949

99

1.00
0.90

0.75

„

100

106 M
M&N b 1.00

4s 1941-1964

3.30

4.00

%
%

97 M
92 M

91M

Calif Toll Bridge AuthoritySan Fran-Oak 4s 1976-M&N

120

100

%

to 1.75
to 2.25

3 Ms g July 1 1941-1944. J&J

98 M
98

97

105 M 2.50
113
2.50

97 M

to 2.95

99 M

95 M

102 M
110

102

Tax-free in Connecticut.

1

less

98 %
97 M

1941-1952

&
1

0.50
1.00

Hetch Hetchy—

less

b 3.75

101M 2.75 4Ms
1,05 M 1.50 4Mb
101M 0.75 4MB
111M 2.50 4 Ms
115M 3.25 4 Ms

4.00

San Francisco (City & County)
5s Water 1941-1969
J&J

lesslM

b 3.50

2.60

to

to 1.50

0.25

4Mb Water '57 '58. '59-J&J
4Ms Water 1940-1977—J&J
4s Wat Distrib '40-'63.J&D
2s 1941-1949
J&J

98 H
98 H

—

116

J&J

3Msrenewal class C 1956.J&J

L75

%

101
to 3.65

0.50
2.00
1.00
1.00

1
to 3.25

98 X
98 h

4s19444s 1958-1960----

98

96

1

to 3.25

St Francis Levee Dist—

100

__F&A

5Ms Aug 1 1941
.F&A
Puerto Rico (Govt of)—
2Ms Jan 1 1946.—...J&J
4s reg Jan 1 1944
J&J
4s reg Jan 1 1960
J&J
4Ms Jan 1 '51-41
J&J
4 Ms July 1 1947
J&J
4Ms 7-1-56-59 1-1-56--J&J
5s July 1 '44-'43
J&J
5s July ,1 1972—
J&J




to 3.25

4 Ms Fund 1941-1950-M&N
4s water Rev 194V76.F&A b 3.50
Little Rock S D 4s *41-'55 M&S b 3.25

97
92

1

to 3.50

CALIFORNIA

4Ms July 1 & 15 1952... J&J
4 Ms Oct 1 1959
.A&O

*

less

102

Il01.il

to 3.65

San Joaquin Co 5s '40 '49. J&J
Santa Barbara 5s 1941—JanlO

5 Ms 1955-1965-

101.8

to 3.30

1.00

„

1.25

—

Hot Springs 4Ms
Little Rock—

.

5sJJune 15 1955
J&D
Philippine Government—

1952

J&J
J&J

-

100.16 100.19
100.16 100.19
100.15 100.18
100.19 100.22

to 3.30

4 Ms Water 1941-1964

3s 1949
Jan.
3s Attorney Gen opt 1944
3s Rose, Hemingway opt 1944

100.28 101.22
100.16
100.4

to 3.15

4Ms Mun Imp '40-'43.F&A 6
4Mb 1940-1965
F&A b
\ 3.00
3?75 Oakland S D 4s 1940-44-J&J b
3.25 %
Orange Co 5s 1941-1945.M&S b
to 3.25
Flood Control District—
1
to 3.00
5s 1941-1943
J2&.T2 6
2s 1944-1951
J2&J2 6
2 Ms 1952-1953——J2&J2
to 4.00 %
2s 1954-1958
to 4.25 %
J2&.J2\b
2.50 Pasadena 4s 1941-1942
J&J
Redlands 5s 1941-1951-J&J15
3.50 %
Riverside 5s 1941-1953-J&D
to 4.25
to 4.25
Riverside Co 5s '41-'54—M&N
to 4.26
Sacramento 4s Jan 1941-1945
to 4.25
3s 1940-1968
J&J
Sacram'to Co 4 Ms '40-'46 J&D
40

36

4M"4s_.__
4M-4s
4M~4s

100.24

b 1.25

96

ield.

V

5s Feb 1

97

2.50

5s 1968-1977

100.7

100.21

to 3.50
to 3.40

San Diego 5s W W *43-'54A&0
5s School 1941-1966—F&A

5s 1954-1960
5s 1961-1967

M&N
4Mb Sept 15 '50-'40—M&S
4Ms Oct 15 '56-'46- —.A&O
4Mb Nov 15 1956
M&N
4Ms Nov 15 1958
M&N
Honolulu (City & County)—
3 Ms Sept 15 1946
M&S

4Ms July 1957

105

ARKANSAS

103 M
109 M

3.40

6 1.00
b 1.00
b 1.25

Colorado River Waterworks
Ref 4Ms 1948-1977.F&A 6 3.00
Ref 3Ms 1978-1987.F&A
99
Ref4s 1946-1986
F&A b 2.75
Modesto Irrig Dist 6s
Oakland 5Ms 1940-1943.F&A b 0.25

3.50

less

5s 1943-1948
5s 1949-1953

102
to

Metropolitan Water District

less

103

INSULAR

4s reg Dec 1

%
%

to 3.90

Phoenix Un H S D 4 Ms 1948 b 2.75
3.25
Prescott 5s 1948
_J&J
3.00
Tucson 5s Water 1950
J&J

TERRITORIAL AND

Dec 15 '55-'45

1940-1964
...F&A
1940-1961
-J&D
3 Ms Jan 1 1941-1960
Lob Ang Co 4Ms '41-'49._F&A
4s

to 3.25

3.50

102 M
102 M

to 1.02

100
100

5MsNov 1940-1960—M&N b 1.00

85

93

J&J

6s Jan 1 1946
5s W W 1941-1950

102 M
103

1% Nov 15 1941

5s

to 2.90

-

102
102

to 3.65

of Southern California—

funding 1941-1966—J&J

Bonds

A&O
A&O

5b

to 3.00

Co Ct H'se 4s 1940-48 J&D b 2.25
Phoenix 4 Ms '50 opt '30-J&J b 3.10
1.25
4Mb 1941-1956---J&J

105.16

3.00

to 3.10

Los Angeles City High Sch Dis

4.00 %

School No. 1 5a 1945—J&J b 2.75
Highway 6s Jan 15 serially b 2.50

103.10
100.12 100.15
100.10
100.6

—

'

"44

"42"

to

to 3.40

3s 1943-1949

2.50
b 4.50

to 3.25

to 3.65

2s 1940-1942

Maricopa County—

103.6

Federal Natl Mtge Assn—
2% notes May 16 '43 opt '40
L 1 M % Jan 3 1944 opt 40
Reconstruction Finance Corp
k M% notes July 20 1941
k M% Nov 1 1941
i H% Jan 15 1942—
>
Is July 1 1942—
U|S Housing Authority—
1M % notes Feb 1 1944

3s Dec 1 1948
4 Ms May 15 1942

-

3.25
to 3.60
to 4.00
to 4.00

ARIZONA

105.30 106.4
--J&J 103.22 103.25
M&N 105.24 105.28
-M&S 103.10 103.16
Federal Home Loan Banks—
2b Dec 1 1940
100.22 100.28
2s Apr 1 1943
102,10 102.18

Hawaii (Territory)—
lMs Sept 1 1944
2.10s July 20 1942
2 Ms July 10 1954

to

Tuscumbia refunding 1 %to4 %

3s 1942-1947-_

„

b 2.50

2.50

to 3.50

3M 1940-54.J&D b 1.25
3 Ms ser A 1941-1977-J&J b 1.50
3 Ms ser B Jan 15 *77 J&J
101
3 Ms 1948-1958
J&D b 2.90

to 3.60

b 2.50

Net

to 3.35

Ref 4s 1940 to 1975. J&D b 1.25
3 Ms 1940-1977
J&D b 1.25

to 3.25

b 2.75

Ask

Electric Plant Revenue—

b 3.00

6s ref pub impt *41-'53 M&N
Tuscaloosa Co 6s Bridge 1941
5s Road 1957
-M&S b 3.85
2.50
Tuscaloosa (City)—5Ms serial
2.50
4Ms
2.50
4Ms
2.50
4s

101.11
100.18

4.00 %

b 2.50

5 2.50

3s 1944-1949--_
2 Ms 1942-1947

2Mb ser G 1942-1944...J&J
1 Ms ser M 1945-1947.-J&D
Ms May 15 1941
Federal Land Bank — Farm
3b July 1 *55 opt *45—J&J
3s Jan 1 '56 opt '46
J&J
3b May 1*56 opt '46— -M&N
3 MsMay 1 *55 opt'45—M&N
4s July 1 "46 opt '44
J&J
Commodity Credit Corp—
M% Aug 1 1941

3Ms 1943-1947—-J&D-. b 2.00
2Ms 1947-1959
J&D b 2.70

County—

Tuscaloosa—
5s W W 1940-1957

101.11

100.15

3Ms Sch Dist 1941-61—J&J b 1.25
Water Wks Refunding Rev

101

91
4Mb Sanitary Sewer Jan 1'44
Montgomery Co 4Mb 1957-59 6 3.60
6s Road 1951
J&J
Morgan Co 5s road 1952-F&A 6 3.75
2.50
Selma (Citv) 5s-6s 1940-19552.50
2 Ms 1941-1952
J&J

103.20

101.8
101.8

to

2.50
1940-1948
1945—— b 4.00
4Mb 1940-1958
—J&D b 2.50
101
Gen fund 4Mb 1941-66 J&D
Montgomery—

100.1
101.4
101.1
101.10 101.13
101.11 101.14
101.24 101.27
102.24 102.27
104.3
104

—

.

To

Bid

LosAngeles (City) Concluded—
5s Municipal 1940-61—F&A b 1.00
5 Ms Harb Imp *40-*61 M&N b 1.00

2.40
2.90

105

5s School May 1

-

—

...

..

or

103

Mobile Co—
4 Ms June 1

3s Panama Canal 1961--Q-M 120
3s Conversions 1946.
Q-J 109 M
3b Conversions 1947.
.Q-J 110M
U S Treasury Notes-

1M% Mar 15 1941
1M % June 15 1941—
1M% Dec 15 1941—
1M% Mar 151942
2% Sept 15 1942—
1M% Dec 15 1942
1M% June 151943
1M% Dec 15 1943
1% Mar 15 1944
M% June 15 1944
1% Sept 15 1944
M% March 15 1945
Federal Farm Mtge Corp—
3 Ms 1944-1964-M&S

„

Yield Basis

to 3.10

4Mb Ot House 1941-43 M&N b 2.50
2.50
4Mb Ref 1941-1961—A&O
Mobile City—
83
Refunding 2-5s Jan. 1 1966

105.24 105.28
103.14 103.17
103.16 103.20
101.19 101.20
103.7
103.3

101.20

to

104

Bridge Auth. 4s July 1 1957—

106.30

1M% June 15 1940
1M% Dec 15 1940—

.

Bonds

Anniston—

3s June 15 1946-1948..J&D 108.14 108.16
3s Sept 15 1951-1955.-M&S 108.3
108.7
2Kb Mar 15 1955-1960 M&S 105.13 105.14

2Ms Dec 15 1960-1965 J&D
J&D
2 Ms Sept 15 1948
M&S
2 Ms Dec 15 1949-1953 J&D
2Ms Sept. 15 1950-52.M&S
2Ms Dec 15 1951-1953.J&D
2s Dec 15 1947
J&D
2s Dec 15 1948-1950
J&D

.

preceding the date of issue

Net

Ask

Bid

Bonds

Net

_

2 Ms Dec 15 1945

..

To

or

Treasury Bonds—
4Mb Oct 15 1947-1952-A&O 117.14 117.22

2 \ia Sept 15 1945-1947 M&S
2Mb Mar 15 1948-1951 M&S
2Ms June 15 1951-1954 J&D
2 Ha Sept 15 1956-1959 M&S
2Kb June 151958-1963 J&D

.

Yield Basis
To

or

UNITED STATES—See

..

possible for the closing day of the month

Yield Basis

Bonds

.

„

,

it must be remembered the word to indicates that the figures shown are the yield basis; all other figures are bid and

to 2.70
to 2.80

5Ms 1940-1957—-J&D 6 0.75
__A&0 6 0.50
1941 tax'le.A&O 6 1.00
1940-1958—A&O 6 0.50

to 2.60

Darien

to 2.70
to 3.10

92

%

to 2.50

%
%

lMs

0.75

to 2.00

4Ms School 1940-59—M&N 6 0.50
2s 1941-1965..
-F&A 6 0.50

lMs 1940-1945

to 2.50

1
1

to

2.50

F&A 6 0.40

to

1.50 %

J&D 6 0.50

to 2 .00

Fairfield (County)—
to 3.10

1

Ms 1940 to 1950

52

Greenwich 3s 1940-1944--F&A 6
1 Ms 1940-1947-F&A 6

56

%

1.50

0.50

to

0.50

to 2.00

Hartford-—

to 3.35

b 2.90
b 2.90

to 3.15

b 1.00

lMs Sept 1 1940-1959-M&S 6 0.50
3 Ms Bridge 1954-1955-J&D -----4s Water 1940-1949.
J&D 6 0.50

to 1.50

to 3.40

1.00

to 3.40

b 1.00

to 2.25

b 1.00

to 3.40

b 1.25

to

6 Basis.

%

to 1.75

East Hartford (Town)—

b 1.00

b

6 0.50

3.46

/ Flat price.

n

Nominal.

to

%

2.50

2°.50
to 2.25

%

municipal

and

state

June, 1940]

To

or

Ask

Bid

Metropolitan District
2%a 1940-1978
Meriden 1

0.50
1.00
0.50

m&N

to 1.25

Middlesex County—
ltfs Bdge 1940-1955-M&N 6 0.50
New Britain (Co)
f&a
2s 1941
0.50
L-1951—.
♦4 Ms School 1940-52 F&A
New Haven—
4 Ms Imp 1940-1952..M&N

0.50

J&D15

0.50

Win

1940-1948

0.50

to 1.50

to 2.50

70

to 2-75

%

to 2.75

%
to 2.25 %

New London—
2.50

F&A

4mb Water ref 1950
2s 1940-1969

...J&D
1MB 1941-1954
J&J
Norwalk
(City)—
4Kb Sewer 1941-1968.M&S
3^s 1940-1971...—-A&O
Win 1941-1959
A&O

0.50

to 2.75

0.50

to 2.25

0.50
0.50

to 3.00

%

to 3.00

0.50

to 2.50

%
%

Norwalk

(T) Win 1942..J&D
4%a 1941-1965.M&S

1.50
0.75

1.25 %
to 3.00 %

2Ks 1941-1959
J2&J2
2s P I Fund 1941-1959.J&J

0.50

to 2.75

0.50

to

Norwich

Ridgefield (High School)—
l%a 1941-1963
J15&J 6 0.50
Stamford (C) 4s 1942
M&N
2 Ms 1940-1961
M&N 6 0.50
Stamford (Town)—
0.50
*4 Ms Sch 1941-1965..M&N
1 Ms 1941-1950
0.50
—A&O
0.50
Suffield 1mb 1940-1959.. J&J
0.50
Torrington 2Ms 1941-'57 A&O
Water bury—
5s Water 19 40-1971 —M&N b 0.75

4Mb Sewer 1941 1955..J&J b 0.75
3s Street 1941-1955—F&A b 0.75
2 Ms 1940-1952
M&N b 0.75

%
%

%
2.75 %

to 2.50

%
1.75

to 3.00

%

to 3.10

%
%
2.75 %
2.75 %

to 2.50

to
to

to 3.30

%

to 3.00

to 3.00

to

%
2.75 %

West Hartford—

Antioquia Col (Dept of)—
Extl s f 7s ser A 1945—J&J
Certificates of deposit
Extl s f 7s ser B 1945..J&J
Certificates of deposit—
Extl s f 7s ser C 1945—J&J
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 s f 7s 1957 2d ser.A&O
Certificates of deposit
Extl s f 7s 1957 3d ser.A&O
Certifies tee of deposit...
8s 1946....

to 2.25

%

West Haven (School Dist)—
♦4Kb 1941-1956
M&N 6 0.75
Windham (Township)—

to 2.50

%
%
%

J&J

b 0.50

to 2.75

J&D

b 0.50

to 2.75

4s 1941-1952

2 Ms 1940-1953

Berlin

2Ms April 1 1941-1947
2Ms April 1 1948-1957
2 Ma April 1 1958-1966
ilia highway 1941-1979.. J&J
Kent Co 4 Ms 1945-1950.M&S

0.25

to 1.75

1.80

to 1.90

0-35

to 1.90

1.50

10

6Ha 1950.

to 2.00

0.25
0.25

to 2.75

0.25

to 2.50

1.80

to 2.25

0.30

6s 1940

New refunding 2 M-5b 1977.

to 1.50

98

Extlsf6Ms (1926) '57-A&0
Extlsf6Ks (1927) '57.A&O
Funding 5s 1931-1951.A&0
Funding scrip
I/ 35
Bremen (State) 7s 1935--M&S f
8
6s 1940
M&S /
7
Brisbane (City) Australia—
35%
M&S
30-yr s f 58 of 1957
S f 5s 1958
F&A
35%
40
20-year s f 6s 1950
J&D
British 4s 1990 opt '60
M&N
War Loan 3 Ms of 1932
Victory 4s due 1976
Brit Hungarian Bk 7 Ms 1962.
3
Bud* pest (City) 68J 'n'Socoup'e^
5%
Buenos Aires (Prov)6s'61 M&S f 60
6s stamped 1961
M&S / 60
7s stamped 1952
A&O / 81
7Ms stamped 1947
M&N / 83
6 %s stamped 1961
F&A / 78
Scrip
•
/ 45
48 %
Readjust 4M-4Ms '77.M&S
Ref s f 4M-4Ms '76...F&A
48%
Extl re-adj4M-4Ms '76A&0
48%

P2°l

70
4.50 %

68

13%

qo*

to 1.60

70

4.25

3

4.00 %
100

.

Ref 3 % s 1940-1947.. .M&S
97
Duval Co Road 5s 1955--A&O b 3.75
Duval Co School District
No. 1 5s 1940-1955— A&O b 2.50
Escambia Co 6s Aug 15 1951.
100

100

3.50
to 3.75

114

b 3.00

2.00

b 2.50

to 4.25

Hillsborough Co 5s Oct 1 1943

101

103

Hillsborough Sch Dist No 4—

101

104

Jacksonville—
5s Jan 15 1941-45..J&J 15 b 2.50
5 Ha Jan 15 1941-45.J&J 15 b 2.50
91
Refunding 2.60s Jan 1 1957
Lakeland new refunding
75

Ext re-adi 4M-4Ms'75M&N
Extl s f 4s $ bonds 1984.J&J

3.25
to 3.25
to

Sec

79

b 2.50
b 2.50

to 4.25

b 2.50

to 4.00

Marlon Co Road 6s Feb 1 '52.
Road bonds 5s July 11952-Miami-

%

2.00

110

109

90

Certificates of deposit.

113

105

New Smyrna—
Ref 3-4 )4-6s Jan 1 1964

93

—

to 4.00

95

98

100

3.75
4.15

to 4.20

98

2.75
4.00
101

99
>

2.50
80

103

67

4.15
99

>

7% assented 1942

69

2.50

Extl

3.90 %

s

f 6s

1960

to 4.25

103

105

100

102

58

60

%

i
i

55
45
55

'IV*
80

40%
51

51

9
9

30

9
30

8%
30

2%

lr

16

15

10

7
7

Ext

Tax fires In

Connecticut,




ft Basis

j iTA
Sept. 1961—M&S
6s assented Sept. 1961
f_lVA
Extl Ry ref 6s Jan 1961. J&J
6s assented Jan 1961—
\VA

25
25

k Last sale,

n

Nominal.

14m

10

13

12

15

10

13

loo"
56

161"

97
'

73%

80

7%

8%

5

30

5

22

s

Extl

f

6 Ms 1952
Denmark ext 6s 1942
Ext'l
5Ms 1955
s

5

16

7

J&J

J&J

36

F&A

30

Trustrcts 4Mb 1962 A&O 15
Dominican Rep 5 Ms '42.M&8
2d Series 1942

25

39

65

65

"69"

75

Administrations—

5 Ms of '22 ext 1961
2d series 1961

5 Ms of *26 ext 1st

75
75

ser

71

1969
1969

5Ms of'26 ext 2d ser
Dresden (Ger) ext 7s '45 M&N

69

Duesseldorf 7s to 1945--M&S
Duisburg 7s to 1945
M&N
El Salvador (Rep)—8s A
1948

"6"

Frankfurt-on-Main (Germ)—
7s 1939
7s 1940.

A&O
A&O

7s 1941-1945
A&O
Extl s f 6 Ms 1953
M&N
French Government—
7s ext of 1949 stamped. J&D
7s plain 1949

7Msext 1941 stamped J&D
7 Ms plain 1941
German Conversion Offer—
Funding 3s 1946
German Cons Munic 7s'47 F&A
Cons munic 6s 1947—J&D
German Govt Internal—
5Ms loan of 1965
J&D
5 Ms unstamped 1965
Stamped (Canadian holder)
German Extl 7s *49 stampA&O
7s unstamped 1949

Scrip

70

11%
6

Certificates of deposit
Estonia (Rep of) 7s, 1967 J&J
Finland (Repub) 6s '45.M&S

\sH
50

75

*

18
■

15
*

*

8

7%
105%

110

108

"75"
108"
/ 30M
8'
/
~
8
/

32 m

18

9m

18m
10m

19 m
12%
1%

24
14m
2m

/
f

10M
12

9

/
/
f
f

-

German. Prov & Comm Bks
(Con Agr Loan)6Ms*58 J&D

25

Graz(Mun)Austria 8s'54M&N/
Gt Brit & Ireland—See British
Greek Govt s f 7s 1964—M&N / 15
7s part paid 1964-...M&N/
7
Sink fund 6s 1968—F&A / 10M
6s part paid 1968...F&A/
7%
Guatemala 8s 1948
M&N J 30
Haiti (Rep) 6sextl 1952.A&0
78M
6s

1953-

12

'16"
85"

70

A&O

75

6s 1946
A&O /
Hanover (City) Germany 7s'39 /

7%
6

20"

Hanover (Prov) Germany—
6s
1st series 1957
F&A /
6 Ms 2nd series 1949
F&A /

7
7

20

Gold

Heidelberg (Germ) 7Ms'50J&J / 10
Hellenic
Republic (Gr
\reck)
Sec Wat Works*8s 1952 A&O
/ 20
Helsingfors (City) Finland—
s

Hessen.

11H
14
13

13%
12%

"12%
13

li"

—

/Flat price,

11

J&J 15

12%

f 6Ms

Irish Free State 5s 1960-M&N
Italy (Kingd) extl 7s '51.J&D
Prestito Redimibile 3 Ms

Specified

11

12%

12%
11
11
10%
11
10%

15

12
12

14%
12

—

unspecified
Ital Credit Consortium for
Pub wks ext 7s B'47 M&S
Pub Util Credit s f 7s*52J& J

Japanese Government—
S f 6Ms 1954
F&A
Extl s f 5Ms 1965
M&N
Oriental Dev Co 6s'53-M&S

12

48

1960
A&O
See Munich Bank

Hungarian Cons Munic Loan
1
f g 7Ms 1945—
J&J
Extl s f 7s Sept 1946--J&J
Hungarian Land Mtg Instit'n
Mtg 7Ms 1961 ser A—M&N
S f 7MsT61 ser B($ bds)M&N
King) 7 Ms '44.F&A
Ext at
M% to 1979
F&A

Orient Dev Co 5Ms'58M&N
*

75

70M

f 8s 1951 ser A..A&O

Extl

15%
10%
12%
f 11%
A&O f 13%
f 11

f
Chill Mtge Bk 6Ms *57 J&D31
/
6 Ms assented 1957
f
S f gu 6 %n Jna 30*61. J&D31
f
6Ms assented 1961
/

48

Hamburg (State of) Germany
15

6% assented 1963

50

/ 48
/ 40

„

15%

M&S f
f
M&N /

64"

Ext s f 8s 1952 ser B..A&0
Danish Cons Municipal Loan
5Ms
1955
M&N
5s 1953
F&A
Danzig Port & Wat Ways Bd

52

7

68 assented 1960
Extl s f 6s Feb 1961 —.F&A
6s assented Feb 1961
Extl sf 6s

Extl sf 6s 1962
6s assented 1962
Extl s f 6s 1963

Ext! sf 5Ms *53

Customs

43

/

/ 61

55%
102%

4

42

24m

Extl g 4Ms *49 opt—F&A
Extl 4 Ms 1977
J&D
Extl g 5s 1949
F&A

4

22

40

20M

98 %

3

—

100

West Palm Beach—

Refunding 2-5s

7

10
22

5 Ms Cust Adm 1940—A&O
2nd ser 5Ms 1940—-A&O

14M
11M
10M
10%

25 m

~

Funding 5s 1951
M&N
Costa Rica Pac Ry 7 Ms 1949
5s 1949
M&S
Cuba (Rep) 5s 1944
M&S

10

s f 7s 1960 ser A__M&S
f
7s assented 1960
M&S f
Chili (Rep) ext 7s 1942.M&N
f

106
106

7s stamped 1937

40

40

/ 10
/ 20

Cordoba (Prov) Argentina—
Extl s f 7s 1942
J&J
Costa Rica (Republic)—
Ext sec s f 7s 1951
M&N

3

Municipal Loan-

Extl

83
75

104

>

Chilean Cons

2.00

70

8t Johns Co Road 5s 1946—
Road 5 Ms 1944
M&S
8t Petersburg—

Refunding 3-5s Oct 11972
Suwanee C® Road 5 Ms 1946—
Tampa—
5s June 1955 opt '25—-J&J
5s w w Purch ,40-*72.F&A
4 K« Impt 1947
J&J
Ref4s 1943-1965
M&S

28
40

6

6s A Int ctfs 1938
A&015 f
Central Bank of Germany—
6s A 1952
F&A /
6s series B 1951
A&O f

100
3.50

4.25

..

6s Oct coupon on 1960

to 4.25

3.75

Palm Beach (City of) 5s
Pensacola 4Mb ref 1941.. &J
5s 1958
J&J
Pinellas Co ref highway 4s
-

4.00

3.00

4s 1961

County 5s July 1 1940
St Augustine ref 4s 1967
New refunding 3-5s

8%

; \*

Farm loan 7s 1950—M&S15
Farm loan 6s I960—J&J15
6s July coupon on 1960—
Farm loan 6s i960—A&015

3.50

3.90
3.00

J&J
M&S

Polk

40

53%

hi

s f 8s '54.J&J
(Dept of) Colombia
7Ms 1946
.A&O
Certificates of deposit
Extl sec 7s 1948
J&D
Certificates of deposit
Ceara (Brazil) 8s 1947—J&D f
Cent Agricul Bank
(Germany)

to 4.00

92

Refunding 4s 1941-62.F&A
Orange County 5s 1944--J&J

„

14

28

41

Carlsbad (City)

Orlando—

1952-1953

14

Cauca Val

—

5Ks 1941-1950
M&N b 2.50
Ref 4mb non-opt 1947-56— b 3.75

5s

Caldas Exts f

Call (Colombians f 7s '47.M&N
Callao (Peru) 7 Ms 1944. -J&J

Miami Beach—

5 Ms 1945 1950
6s 1940-1950

12
40

52

1968.M&N I
7Ms 1946—J&J f

30

Certificates of deposit
Sinkfd 7s (of 1927) r47 F&A
Certificates of deposit
Copenhagen 5s June 1 52 J&D
Extl g 4Mb 1953
M&n
Cordoba (City)
Extl s f 7s 1957
—F&A
7s stamped 1957
Externals f 7s 1937.--M&N

42

36

J&J f

f 7s 1967
Stabil loan 7 %n
s

183*

A&O

Certificates of deposit...

5MsPubWkBJune 30'45J&D
Cundinamarca Dep (Colombia)
Extl s f 6 Ms 1959
M&N
Certificates of deposit...
Czechoslovak Republic—

Bulgaria (Kingdom)—

93

46

70

20

"

.A&O

12

'18

46

'

May 8

20

10%

8

66

9

38

Brazil 8% ex 1941
J&D f
7s Cent Ry elec 1952..J&D

to 2.10

1.40
0-50

Dade Co 5s Oct 1947-54.A&O
Special Tax Sch Dist No. 2
Ref 4s 1956-1967...M&N

Refunding 3Ms and 3Ms_

~

43
48

/ 10
Bolivia (Rep) Ext 8s '47 M&N
2%
Extl 7s 1958
.J&J
2%
Extl s f 7s 1969
M&S
2%

FLORIDA

ily 1

75M

mi

A&O

13

3

Funding 4s Jan 1 1946

39

hr-

11

J&D

17m

„

"25"

40

Certificates of deposit

to 1.15

Brevard County School Tax
Districts No. 1 & 4 Refund65
Columbia Co Road 6s 1955— b 4.75
Coral Gables—

5Ms July 1941-1975.

25
8
25

■

5Ms 1940-1944
J&J
Sussex Co 5s 1941-1970—J&J
4mb 1940-1953
A&O
Wilmington—
4Mb Bldg Con *53-*62 M&S
4mb 1910-1958 (s-a). .A&O
5s 1947-1949..
A&O
4s 1942-1948
A&C

„

8%

36

J&D

7a Oct 1947

New Castle Co—

Gainesville 5Ms July 1940—-

j*
25
9

85

A&O

20

J&D

Colombia Mtge Bk—
20-yr s f 6 Ms 1947
A&C / 20
Certificates of deposit
/ 10
Sink fd 7s(of 1926) '46 M&N / 20

79

p

12

10

2I*

00%

40

15

Government—

2nKk5'aaT9?4yS58£--J&D1;

77%
73%
73%

J&J
J&D

1955

f 6s

s

1962

Cologne Germry 6"mV50."M&S / —Colombia Rep 6s 1961—J&J / 17%
10
Certificates of deposit

89

Bogota (City) extl 8s '45.A&O
Certificates of deposit...
Extl s t6%n 1947——A&O f 12
Bogota (Mtge Bk) 7s May *47 / 20
Certificates of deposit
/ 10

to 1.50

1.50

f
7%
f
5
/
7M
f
5
f
7%
f
5
f
7%
f
5
f 50

Ih

ir
10M

M&N

notes 1931
6s stamped 1931

28
35

Ask

11

1961

6%

Chinese

f lH

h&O

6s June 15 1958

DELAWARE

5

—

Extl sf 7s 1955—

35
27
35
25
35

30

Barrauquilla 8s 1935-40-46-48 / 28
Bavaria (Ger'y) 6 Ms '45.F&A /
6
Bavarian Palatinate 7s '45 J& T /
4
30%
Belg Govt extl 6 Ms 1949 M&S
External

31

6s Oct 1961

Antwerp (City) extl 5s '58 J&D
Argentine Repub—
4 Ms s f extl loan 1948.M&N
Extl s f conv 4Kb '71.M&N
5 f extl loan 4s Feb '72.F&A
S f extl loan 4s Apr *72. A&O
2% Treasury notes 1948—
Australia (Commonwealth)—
Extl 58 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

4Mb Mar 15 1941-49..M&S b 0.75

20
10
20
10
20
10
20
10

6s assented
6s 1962
6s assented

/" 6"

M&S

Anhalt 7s to 1946

(Concluded)—
.A&O

S f gu 6s 1961

7s 1947
J&J /
Certificates of deposit
/
Akershus (Dept of) 4s 68 M&S

to 2.25

Bid

Bonds
Chili Mtge Bk

6e 1948
A&O /
Certificates of deposit.__ /
7s 1946
A&O /
Certificates of deposit— /

1.75

to

or

Net

4gricul Mtge Bk (Colombia)

to 3.00

0.40

J&J

Ask

FOREIGN GOVERNMENTS
AND CITIES
6s 1947
F&A f
Certificates of deposit
/

%n 1940-1943—J&D

Jin 1940-1944

Bid

2.50

Manchester ^ Ms 1941-44M&N

Yield Basis
To

or

Bonds

Net

2.75

Hartford (School District)
*4 Ms Northeast 1959-J&D
*3 Ms South Sept 1955-M&S
Hartford County—

preceding tne date of issue

Yield Basis

Yield Basis

Bonds

93

bonds

possible for the closing day of the month

Quotation* for all securities are as near as

/
/

70

5M

6%
7

—

/ —
/
/ 30

8
8

....
m.

m

20

—

'

75

41

42%

17

19

12

16

42

32
77

"34M
78%

60 %

62

55%
50%

56
51

To
Net

AND

STATE

94

MUNICIPAL

possible for the closing day

Quotations for all securities are as near as

Ask

Extl

10

15

/

/

Medellin (Munic) (Colombia
7s extl Dec 1 19.51
J&I
Certificates of
6 Ms 1954
Certificates of

6

8

SK

-

--

liH

6M

10

f 76
«fi>

63 M

WUD XUWi-

Extl
Extl

Metrop Water Service—
See New South Wales.
Mexican Irrigation—
s f gtd 4Ms 1943—

"ffStfSffftS#

/
/
/
f
/

1945.
4s 1904 assented 1954
4s 1910 assented 1945
6s 1913 assented 1933
Milan (Italy) ext 6Ms '52-A&0
Mlnas Geraes (State) Brazil

M

1958------M&S
1969 ser A--M&S
Montevideo (City) 7s "52J&D
Extl • f 6s 1959 ser A-M&N

Mtgefenk

of Denmark—
Kxch s f 5s 1972 ser IX J&D
Municipal Bank—

1

Conv

------

/
/

%
M
%

1

Conversion scrip
Venetian Prov Mtge

33

68

Extl

s

36M

30M

6% scrip

Brazil 7s 1958.
Pernambuco (State of, Brazil
Extl s
J 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
Poland (Rep of) 6s 1940- - A&O
4Mb assented 1958--A&O
8taDUization s f 7s 1947 A&O
4Mb assented 1968--A&0
External 8s 1950
J&J
4Mb assented 1963
J&J
Dollar funding 3s 1956-A&O
Parana (State)

-

—

2Mb

40

"40 "

34
34
27 M

24 K
25 M

—

-

"26""
27
15

6
25

"102"

55""

16
6 M

5M

6

5M

6

3M
3M

9

9M

—

K

5

7

3M

-

—

—

------

4

1

Porto Aiegre (City) Brazil—
7

—

I

—

Roumanla

4s Elec L & P 1941

F&A /
/
paid
Russian 6M» June 18 1919—
5M% ext loan D®' 1921
s

—

Me

4s

—

Hi

8s ctfs of deposit 1948

Catharina (Brazil)—
8s 1947
F&A /
San Paulo (Brazil) State of—
8% external loan 1936.J&J I
f
Extl 7s 1956
M&S /
Extl s f 6s of 1928.1968 J&J /
Bee s f 7s 1940
A&O /
*anta Ft (City) Arg Rep extl
/
/
Santa Fe (Prov) 7s 1942.M&S
4s Stamped 1942—---

7M

5M

7
7M
6M
22 M
66
81M
90

62

7K
8

.

7M
25M
68

""§2""
66

—

„

Extl guar s

Jantauder

f 4s 1964-_M&S

64

(Dept) Colombia

/
A&O/ 11
Santiago (CI ty)Chile7s '49 J vj / 13
/
Extl s f 7s 1961
M&N / 17M
/
Extl if 7s

b Basis.

1948

/Flat price.




14
25

k Last sale.

—

-

50

%

75
55

53

M&S

45

60

M&N15

59 M

4s Nov 15 1957

Toronto 6s 1940
5s 1940-1950

40

1950-1959

4MB 1941-1945
4Mb 1946-1961
4s £ July 1 1948
3Ms July.l 1944Vancouver. (B C)—
5Ms 1952

60M

58 1940 & 1941

60 M

63

78
62
64

It"

58

53
58 M

59

58 M
60 M

60

50

98

J&J
J&J
J&D

75

"85"
85

75

A&O

70

80

A&O
J&J
J&J

70
70

80

70

80

F&A

65

75

60

70

var

80

70

60

58 1945 & 1946 var
58 1950 & 1951 var_.
5s Jan 15 1970
J&J14

60

70

60

70

55

4Mb 1942 and 1967—F&A
Verdun deb 6s 1954
Winnipeg. Man 5s 1944—A&O
4Mb non-call 1944—_M&N
4Mb June 1 1946
—J&D
4Mb June 15 1950—J&D15
4s Aug 1 1946
F&A15

65

80

73
72

80

70

80

68

78

68

78

65

63

61M
61M

66

GEORGIA

64

63 M
69 M

64

70 M

60 M
66

"68M

63 H
66 M

"68M

4M« ref 1940-1945
J&J b 1.00
2s Highway Pef Mar 15 '47—

Albany 5s 1945
Appling County—
Koau

to 1.40

5s 1949-1953

Athens 4 Ms June 30 1943
Atlanta—

...

!%75
2.20

J&D

3.50 %
1.50 %

b 3.75
b 2.00

37

5s Water 1941-1951.
J&J b
4MB 1940-1956
_J&J&
Ref 2Mb 1940-1967—-J&D b
Augusta 4Ms Flood '42..M&N b
Bibb Co 4Ms 1948-49..M&N b

34

37
37

32

35

32

35

32

35

32

35

32

35

32

35

28

33

60

65

1.00
1.00
1.00
2.00
2.30

to

2.30 %

Chatham

34

84

84 M

36

40

36

40

34

60

65

58

58

63
63

58

63

54

60

54

60

54

60

61

%
2.40 %
1.50 %
2.25 %

County
4Mb 1940-1949-F&A b 1.00 to 2.25 %
Clarke Co 5s 1941-1944
J&J b 1.00 ito 2.30 %
Columbus 5s 1940-1944—J&J b 1.00 to 2.20 %
Crisp Co 5s 1941-1957 ..F&A
Dougherty Co 5s 41-'48_M&S
Muscogee County—
Road 4Mb 1941-1956..A&O
Pulaski Co 5s 1940-1948.-J&J
Savannah 4Mb ref 1943._J&J
4Mb Drainage 1944
F&A
4Mb Refunding 1959.-F&A
2Mb 1943-1967
J&D15
Spalding Co 5s 1941-'49—J&J

b 3.00
b 1.00

b 1.00
b 1.00
b 2.00
b 2.10
b 2.50
b 2.00
b 1.00
Swainsboro 6s 1941-50—A&O b 2.00
Valdosta 5s 1941-1942
Jan b 1.00'
Ware Co 5s Road 1940-49 J&J b 1.00

80

A&O
J&D

to 2.30
to

Road

to 4.00

to 2.20

'

%

%

2.30 %
to 2.50 %
1.50 %
to

1.75 %
2.25
to
to

%

2.50 %
2.40 %

to 3.25

%

to

1.50 %

to

2.40 %

IDAHO

4Mb ref 1941-194i>
4s ref Jan 31 1941-1941

to

1.25

b 2.00

to

2.50

b 0.75

to 2.50

A&O b 0.75

0/75

60

Amer Falls Reservoir Dist—

60

65

56

60

56

60

J&D

-

54

57

F&A

50

55

50

55

50

55

45

50

45

50

1957
s

fdeb 1949

J&J

40

50

40

50

45

50

47

52

1950
1952

4Mb Serv Comp

*40-'43_Aug 1
4Mb Serv Comp '40-'43_Aug 1
4Mb Serv Comp '40-'44_Aug 1
4s Highway 1941-1943-May 1
4s Highway 1945-1954. .M&S
4s Highway 1955-1958.-M&N
3Ms Emerg Rel '40-'47 Dec 15
3 Ms Emerg Ref *48-'54 Dec 15
Bloomington 4Mb Water
1940-1961 opt 1952 M&S
Champaign County—
5s

Road

b
b
b
b
b
b
b
b

Par
Par
Par
0.60
1.40
2.50
0.75
1.85

%
to 2.40 %
to 2.60 %
to 1.75

to 3.00

%

to 1.50

%

Chicago—

45

50

M&N

76

79

3s 1957
3s

M&N
J&J

70

80

b 1.00
b 2.00

b 1.00

1941-1942

to

to

1.75 %
2.55 %
1.25 %

b 2.00

Water Works System—
3s ctfs Aug 1 1954

opt

1956opt 1945-1949

to

2.50

80

70

62

70

60

68

4s 1941-1944

60

M&S

66

73

M&S 15
i960....M&N 16

60

65

62

67

68

4s 1949-1950

70

2.40
2.90

b 0.90
b 2.00
b 2.70

4s 1945-1948

70

60

%
3.00
2.15

2Mb ctfs Feb 15 1958-59
3M« 1952 opt 1945
3 Mb 1953 opt 1946
3 Mb 1955 opt 1951

60

to

2.90

75

nNominal.

to 1.10

b 2.00

62

Sept 15*62

%

%

1941-1943—M&N b 1.00

65

Deb 4M>
Deb 4M>

%

1.35

to

%
%

70

1960

to 1.20
to 1.20

to 2.40

J&J

5s

%

ILLINOIS

3s 1941-1944
3s 1945-1948.--

Commissioners—

2J50

J&J

4Mb June 30 1940-1954

4MB 1956
M&S
4Mb 1960
A&O
4Mb non call 1958-M&N 15
4 Mb sf Apr 15. 1««1 A&O 15
Debenture 4s
1947--M&N
8fdeb3M»1948
A&O
3 Ms 8 f deb 1946
J&J
3s s f deb 1941
—- -J&J
5-yr 3% debs July 1 1944..
10-yr 3 M % debs July 1 1949
North Vancouver 5s '60..J&J
Nova Scotia (Province)—Deb

20

65

50

60

Debenture 5i 1960
---

75
75
to 9.00

50

M&N
F&A
J&D

5 fdeb 5Ms
8 fdeb 5M"

15

lVA

5.00

70

Nov 1. 1969
New Brunswick—

—

65

45

70
65

5s

Santa

55

48

60

Harbor
—

64

75

A&O 15
1971
J&D
4s May 1,1944M&N
Metrop Co 4Mb 'ss.^&'ol
4Mb May 1. 1965
M&N

8M

7M

65

59

45

4Mb Mar 15 i960

70

4Ms June 1,

Im

65

58

-

60

-

4Mb Jan. 1944
4Mb 1940-1951

scrip—

8s1948-

—

_

6

65

4 Ms May. 1954
-

63

58

(Province)—
(non-call)_.J&D15
M&N

1943

J&D
J&D

3Ms

—

63

55

5s 1959 (non-call)

Montreal 5s Dec 1, 1945-J&D
6s s f Nov-1, 1956
M&N

—

55

Boise City Ind Sch Dist No. 1

1945
4MB 1951
4MB 1956

Me
22

f

58

—

70

4Ms

12 M

85

65

2

61M
73 M
58 M

95

75

65

75

Ms 1958

5s 1959

-

85

5

60M

95

Saskatchewan
40

"5M

56

92

80

J&D

70

4s

7M
8

.J&J
.

1946

60

6%

> *r (... .<y

Certificates of deposit

S F 4 Ms

90

4MB 1956
J&D
3s serial July 15 1940-1959Quebec City—

—

60

7M

"8""

Extl

deb 1953

65

S Fdeb 5

5s 1944

(Mtge Bk) 6a ser A '47 X&S /
6s series B 1947
A&O
Salvador 7s 1957
J&J f

(Otty)
f 6s 1953—

3Mss

—

95

90

J&D
J&J
—M&N

—M&S
J&J
J&D

5Ms 1942
5s 1943

S

Baarbrucken

—

6s Oct 1 1940-1944
Boise City 4Mb 1051

9 V\

*

.

75

50

m
5M
5M

9

61

70

Lachine P Q 5s 1954
Manitoba (Province of)—
Debenture 6s 1947
A&O

___

70
61

'65"

Hydro Elec Pow Com—
4Mb Jan 1, 1970—J&J 2
City 5s *40 '45...J&J
6s Munic Imp '40-'50—J&J
5s July 1, 1940-1956—J&J
4Ms
1940-1944
..J&J
4Mb
1943-1960
J&J
Quebec (Province)—
8-yr 2Mb 1944
M&N
15-yr 3s 1951
M&N
3 Ms 1949
j&j

5M

Hamilton—

(Monopolies)

Institute 7s 1959
Feb 1937 coupon

27

J&J

Halifax N S 4s July. 1945
5s Jan. 1951

5M
35 M

f 6s 1968
J&D
Rome extl s f 6 Ms 1952__ A&O
s

A&O

5ssf 1955 & 1960

—

!s::

Extl

M&N

*48--J&J 15
A&O 25
4Mb 1940-1946
J&D 29
4Mb 1947-1956
J&D 29
4Mb s f deb Jan 23 '69 J&J23
Calgary 5s July 1,1945-—J&J
Edmonton (C) 5s '45&'50A&0

-

7M

7
Prague (Greater) City—
7 Ms loan of 1932-52-_M&N /
6
"12"
Prussia 6Mb 1951
M&S 15
13 M
6s 1952
A&O
Queensland (State) 7s '41 A&O
Ext g 6s Feb 15 1947 F&A15
""56M
Rio de Janeiro 8s 1946
7M
A&O ?""6M
Extl s f 6 Ms 1953
6M
F&A /
5M
6M
f
5M
8Mb 1959
—
6M
6s 1933
/
5
Rio Grande Do 8ul (State)
Brazil ext s f 8s 1946
A&O /
7s extl s f 1966
M&N f
Extl s f 7b 1967
J&D /

M&S
1944.A&O

Brit Col (Prov) 5s
5s Apr 25. 1954

8

5%
5K
6
7

75

57
57

5s S F (non-call) I960.M&N

Alberta

~5H

/

15-yr 4Mb 1940

Refunding 5s 1943-.—A&O
5s May 1952
M&N
(Prov of)—
Gold 5 Ms 1947
J&J
Gold 5Ms 1952
A&O
Gold 5s 1948
J&J
5s 1950
.—A&O 15
Gold 5s 1959
A&O
4Mb Jan 15. 1942—_J&J 15
Deb 4 Ms 1956
A&O
4Mb Jan 15.1957
J&J
4Mb July 16. 1958
J&J
4Mb Apr 1, 1961
A&O
4Mb June 1. 1967
J&D
Debenture 4s 1954
J&D

15"" ""25"

/
/

Sinking fund 8s 1961—J&D /
5 f 40-yr 7 Ms 1966
J&J f
7s 1968
F&A f
Prov Bank (Westphalia) 6s *33 /
6s 1936
f
5s 1941
f

15

Refunding 4 Ms
5s Nov 15 1941

'

58 M

11

1944
1943

Jan

M&S
M&N
J&D
J&J
J&D
M&N
F&A
J&D

8-yr 2Mb
7-yr 2Mb 1944
10-yr 2Mb 1945
20-yr 3s 1955
3b 2Q~r«kr 1958
J&D
3s perpetual
M&S
3s Jan 15 1967
J&J
30-yr 3s Nov 15 1968.M&N
14-yr 3 Mb 1951
M&N
25-yr 3 Ms 1961 opt '56 J&J
15-yr 3 Ms, 1949
A&O
20 yr 4s 1952
—A&O
30-yr4s I960.
A&O

38

/

/
/

-

/" 37"

2s 6-year 1944

—

/
/

-_

53

Bank—
A&O

1% notes 1941
1MB 1942

40

_M&N
/

_

42 M

Dominion of Canada—

30 M

90

70
65

60

■

73

deposit)—-

40 m

(American Dollar Quotations)

20
1955---A&0
(City) 6Ms 1952.... / 50
(Rep)ext5Ms'53 J&D /101

f 5s ser A 1963-

43

CANADA

f extl 4Mb

Stamped

42 M

—

65
60

85

F&A

5s

6

90

62

4Mb 1961

Yokohama extl 6s 1961.-J&D

26

16

Municipalities Bank
Guar s f 6s 1970———J&D
Nuremburg extl 6s 1952-F&A
Oldenburg (Free State) 7s 1945 /
Oriental Devel—See Jap Govt

-

—

—_

65

39M

'52
M&N
1958--F&A
4Mb assented 1958
F&A
Warsaw (Land M Bk) 8s 1941 /
Westphalia—See Prov Bank
Wurtemberg 7s to 1945-M&N /

70,

75

J&D
f&A

3 Ms s f deb 1952

Vienna (C) extl 6s
Warsaw (City) 7s

6 %
7

5M
5M

Norway

Series A (ctfs of

40M

4-4M-4M% extl readj s f
bonds of 1937-78
F&A
3 Mb extl re-adj 1984--J&J

IH
2%

If

1945
F&A /
National Bank of Panama—
4s ser A & B 1946-1947
/
4s ser C & D 1948-1949
/
New South Wales (Australia)5s extl s f 1957
IfAA
Extl s f 5s 1958
A&O
Met Wat Serv & Dr Board
Sf5Msl950
A&O
Norway ext 6s 1943
F&A
External • f 6s 1944--F&A
4 Ms extl sk fd 1956—M&S
4Mb extl sk fd 1965—A&O
8x fd ext) 4s 1963
*&A

Panama

58 M
13

62
.M&N
M&N fk 62 y8 Apr 27

S f 7s 1952 ser A

Hessen 7s to

Panama

30

f of *37 1978. J&D

8

48

27

external conversion 1979-

...

28

Extl 6Ms
Extl 6Mb

s

s

75

70
85

Ottawa

3M-4M-4 5-16% extl

1945..

5s assented

Oslo

9m
41

57 M

f 6s

1949

88
88

70

2 Ms 1944

M&S

1960
f 6s 1964

s

85
85

M&N

Debenture 3s

90

"§6"

2s 1940

3M-4-4M % (S bds of 1937)
external readjust 1979
3M-4-4M% ($ bds of 1937)

Stamped assented—

9

A&O
'47-M&N / 10
Uruguay 8s ext 1946
F&A

""69""

75

Net

68

4s May 15.1941-43-M&N 15
4s May 15.1944-57-M&N 15
4s May 15,1958-88-M&N 15
Debenture 3s 1950...M&N

9M

7

Tolima (Dept of) 7s

81

*±0 CAt 1 1 CO.VJLJ

7

F&A

5s of 1912-1952
Extls f 5 Ms 1961

20

Argentina—-

Mendoza (Prov)

4s 1941

F&A /

lst mtge s f 6s 1947
Sydney (City) N S W25-yr s f 5 Ms 1955
Tokyo (City of)—

9M

'} V2

9

Ask

88

J&J

M&N
M&S

4MB 1944
4Mb Jan 15. '41-'47—J&J 15
4Mb Jan '15 *48-'57-J&J 15
4Mb 194M970
M&N 15

12

J&D /

Extl sf 7s 1958

20

-----J&I

5s 1959

4Mb assented 1958
J&D
Sllesfan Landowners Assn-

14

5M

5MB 1946

6

Poland—

(Prov)

Bid

Ontario (Prov) 6s '43—M&S15

5M

14

B—M&N

Extl 7s 1962 ser

Silesia

To

or

Bonds

Net

5
11

J&D

Ask

5%
4 H

Mtge Institution

Serbs Croats & Slov (King o
Extl 8s 1962
M&l

9M

deposit-..
deposit—.

State

Sink fund 6 Ms 1946—J&D
Coll sf 6s 1947
M&S

17

y n

«w

Maranhao (State) Brazil—
Ext a f 7s 1958--——M&l

s

Sink fund 7s 1945

...

<!'9

....

)f

Saxon

15

—

./

j

M&N /

f 6Ms 1957.M&N 15 /
Extl sec 6s 1943
M&N
10

jjudoucl £>

Bid

Bonds

Net

Sao Paulo Brazil 8s 1952

>/

To

or

To

or

Foreign Govts, and
Cities (ConcM
Jugoslavia (Kingdom)—
Funding s f 5s 1956--.1

Yield Basis

Yield Bais

Yield Basis
Bid

Bonds

BONDS

of the month preceding the date of issue

to 1.75

b 1.00
b 2.25

to 1.40

to

2.55

4Mb 1954

3?00

Board of Education—

55

65

60

70

60

70

3s 1957 opt
3s 1957 opt

55

65

3 Ms 1955opt 1940

18

1

to 2.80

1941-1943
1945-1947

4Mb 1954 opt 1944
Chicago Park District—
3 Mb 1956 opt 1940
4s 1955 opt 1940-'44
4s 1955 opt 1945-'47
4s 1955 opt 1948-'55

...

to 2.50

%
%
2.30

1.90
2.40

b 0.60
6 2.25
■—b 2.60

to

2.00 %

to 2.50i%

to

3.20'

%

Quotations for all

possible for the closing day of the month preceding the date of issue

securities are as near as
To

or

Sanitary

Yield Basis

Yield Basis

Yield Basts
Bid

Bonds

To

or

Bonds

Net

Ask

Bid

b Par
b 2.25

to

4s 1955 opt

b 2.60

to

4s 1950

b 1.00

b 2.25

2.00

b 2.70

2.55

b 2.70
b 2.75

2.55

4*s

to

opt 1941-1944
opt 1945-1947
4s 1950 opt 1948-1953
Elgin Sanlt D 5s '41-*44. M&N
Evans ton S D No 70—
4*s June 1 1940-1948
Forest Preserve—
4s 1950 opt 1941-1944

b 2.60

b 1.00

2.00
2.5C
to 3.15
to 1.60

4s Jan

4s 1950 opt

1945-1947
1948-1952
Granite City 4 *s 1940-48 J&D

b 2.25

to 2.50

4s 1950 opt

b 2.60

to 3.10

b 1.50
b 1.25

J&J

48 Mar 1.

to 2.50

1940-40-J&J

La Grange (Village of)—
38 Water rev 1942-08--M&S b 2.00
Lake Co 5s Road'40-'49_ F&A b 1.00

4% revenue

98

Refunding 2*8 1940-'41-F&A 6 0.50

to 2.75

State

100

b 1.50

to 2.50

F&A

98

F&A

1904

b 1.25

1.1911-1958

to 3.15

3*s 1940-1959.
J&J
Long Term Bonds—
Refunding 3 *s 1942-'50-F&A

100

Wlnnebka (Village)
2 *s Dec

to 1.10

6 1.10
1942-1956-—
104
3*s Jan 1 1957-1961
3*s ser Q 1943-1954—J&J 6 1.50
3*sserQ 1955-1960
J&J 6 2.70
Port Commission Refunding

to 2.00

rev 4s

to 0.75

6 0.50

4s Jan 1

4*s 1940-1944
J&D b 1.25
Rockford S D No 205—

Bridge

3.90

Highway—
1940-1943

Ref3

to 2.50

101*

105*
to 2.60
to 2.90

102*

1.00

)

*81957-196"

>

2.40

to

1.30

INDIANA

—

Elkhart 4 *s WW *41-75 A&O b 2.00( to 4 .00
1°.50
Evansville 4sref 1942
J&J
Fort Wayne 4*8 '40-'57-A&O b"1.50 to 3 ".00 %

to 2.85

4s Water registd 1940-58-J&J 6 0.25
3*s 1956 ref (tax-exem)_J&J
~"'s gold July 1944
M&S
6 0.25
.8 reg July 1 1940-07
Metropolitan Water Loan—
1.00
2s reg 1944-68
J&J
1.20
l*s 1945-1969
J&J 1
0.40
l*s Reg 1941-1959
M&S
Hurricane & Flood Damage—
0.25
*% 1940-43
M&N15
0.25
Arlington 4s'40-'42 (tax ex)J&J
0.25
Beverley 1 *s 1941-1948-A&0
Boston 4*s Sept 11981-M&S
4*s Tun 1960 tax-ex__A&0

Fort Wayne School Dist—
5s Oct 1 1940-1943.--

b

1.50

Gary Sch City 4*s Oct 1943.Hamraon (City)—4s O H 1942-1950---J&J30 b 1.75

Indianapolis-—
5 *s Track Elev *41-*47-J&J b 1.00
4s Fire Dep J'ne 1 *41-J&J
4*s
1941-1955
J&J 57.00
Indianapolis S D—
4s Bldg Sept 1 1940—J&J
3*s July 1 1941
J&J
So Bend 4*8 W W '43.M&N
i*s
5*s 1941
M&S

to 2 .00

Impt

1941- 1948- f&a b 1.75

%

to 3

to 2

ho

to 2

%

Capital Bldg 4*s Aug 15, '52
Charity Hospital at N O—
3.85s 1942-1968
F&A 101*
Atchafalaya Levee Dist—
5s Sept 1940-1972
M&S b 1.00
Baton Rouge—5s '41-'54 M&S b 1.00
Bossier Dist Levee 5s *54-A&O

2.40

..J&D
Rapids 4 *s'49-'53M&N
Clinton Co 2*s 1942.-M&N
Davenport Indep Sch Dist
4Kb 1940-1941
Des Moines 5s 1940-'57

to

951 opt

b 0.50

to

b 0.75

less

*

Levee—
1942..J&D

106

to

to

3.25| %

b 0.75

to 1.20

5 0.50

less

4*s 1941-1966

0.75, %

b 0.75

A&O b 1.00

Public Belt Bridge Rev—
4s 1940-1945
A&O

%

105

A&O

105

4s 1940-1956

*

4 *s serial gold 1940-45

M&S

5 1.50

less

1

5 1.40

less

1

M&S

5 1.50

less

1

5 1.80

less

1

5 0.75

to 1.70

4*s serial gold 1945-60
4*s serial gold 1961-80
4s Constitutional 1942.J&J
4s Pub Impt *52 opt'42-J&J

5 0.50

to 1.50

5 0.75

to

5 0.75

4s Pub Impt 1942
J&J
Orleans Levee District—

to 1.75

5 0.75
5 0.75

to 2.00

5 0.50

less

5 0.75

to 1.60

*

KANSAS

J&J
J&J
F&A
4*s Wat & Light 1944.J&J
4*8 Imp July H '49..J&J
2*s Ref 1951-1960---A&O

4*s. 1941-1952
4s. 1953-1954
Kansas City 5a 1942

0.50

to 2.25

2.20

to 2.30

%

!%00
1.25
2.25

5 2.20

to 2.50

%

Board of Education—

F&A
J&J

2.25

"S~30

%

3.35

%

3.60 %
3.70 %
to

3.90 %

108

Sch

Dlat4*it944^4J&J

0.50

0.50

Leavenworth—

4*8

Water

1941-1947 -J&J

Leavenworth Co

to

2.20

5s 1945

tr75

to

3.15 %

to 2.90

to 3.10

Shawnee Co 4*8 1944

1.50

Topeka 4*8 1948----

2.25

4

*sl941-1945

July 1968

106*

to
to

%
%

%
3.30 %
3.10 %

to 1.75
to 3.10

%
%

J&J

0.50

to

1.40

to

%
2.50 %

b 0.50

to 1.50

%

102

May 1, 1950—M&N

102

103

•

101

101*

100*

101

102

103

102

July

%
%
1.90 %
1.75 %
2.30 %

to 2.25

Project No 13 1953

102

102

103

2.00 %

3.25 %
to 3.00

4s
,

Funding

1948

%

2.30 %

3.25

b 3.90

3.70

b 3.90

3.70

b 3 .90

2.30

b 4.25

4.00

%

2*8 Water May 1 1953—

100

-

to

2.50 %
3.00 %
2.80 %

6 0.75

to 3.00

6 0.75

to 3.30

to

to

MARYLAND
0.50

to 2.00

2*s 1940-1951
A&O
2*s June & Aug 15 '40-'52_
1941-1953
F15&A
l*s 1941-1953—-F&A 15
l*s 1943-1955
F15&A

0.25

to 2.10

0.25

to 2.15

0.50
0.50

to 2.15

1.10

to 2.15

l*s 1942-1954
F&A 15
Annapolis 4*8 W W '42-A&0

0.90

to 2.15

2s

3?00
3.00

to 2.50
to 1.75

to

3".66

to 3.00

0.50

to 2.75

0.50

to 2.75

0.50

to 2.50

0.50

to 2.50

0.50

to 2.60

0.50

to 2.50

0.50

to 2.60

M&N 6 0.40
tmm

to 1.75

0.50

to 2.00

0.50

to 1.90

0.50

to 2.20

0.50

to 1.40

0.50

to 2.50

0.40

to 1.60

to 2.50

to 1.75
to 3.00

2s G & E 1940-1947—_A&0:6 0.50
Lawrence (wat h'way &

t

1940-1958
J&D 6 0,50
Lowell 2*s 1940-1947
J&J 6 0.50
Lunenburg Water District—
2*sl942-1969
A&O 6 0.90
Lymfield Center Water Dist—
2s 1943-1967
-J&J 6 1.00
Lynn 4s Sewer 1941-56--M&N 6 0.50
2s

to

2.75

to 2.00
to 2.25

%
%

to 2.50

%

to 2.00

%

b'dge)l
to 2.25
to

%
2.25 %

to 3.00

%

to 3.00

%
%
%

to 2.50

M&S 6 0.50

to 2.75

to 2.25

1941-1969

to 2.25

to 2.25

0.50

to 1.25

0.50

to 2.50

M&N
A&O

0.50

to 2.75

0.50

to 2.00

J&J

%

%
%

A&O
l*s
1940-1944
A&O
Newton 2 *s 1940-1969
A&O
l*s 1941-1955
-J&J
N'th Adams 1 *sl941-49M&N
Northampton 1 *s *41-59 F&A
Pittsfield 4s 1940-1944—J&D
2*s Dec 1 1940-1955--J&D
Quincy 2*s 1941-47
A&O
l*s 1941-1949
M&N
Reading l*s 1940-58 M&N15
Salem 1 *j*1941-1948—M&N
2s 1940-1949
.M&S
~

%
%

%
%
3.00

1.00

to 2.00

%

%

1.00

to 1.50

0.40

to 2.75

0.40

to 2.25

0.50
0.40

to 2.00

0.40

to 1.50

0.40

to 2.50

0.50

to 2.00

0.50

to 2.00

0.40

to 2.75

0.40

to 1.90

0.40

to 2.00

"

%
%

to 2.50

3*s School 1940-1954-J&J

0.50

J&J
A&O

0.50

to 3.00

0.50

to 2.75

0.50

to 2.75

0.50

to

0.40

to 1.90

0.50

to

l*s relief 1940-48—M&N b 0.50
Wellesley (Town)—
2s H S 1941-1952
M&S
0.50

to

Winchester

to 2.00

2*s 1941-1969
l*s 1941-1955

Springfield—
3*s Water 1940-1900-J&D
2s sewage dlsp 1940-68M&N
1 *s Relief 1941-1940-A&O

to 2.10

to 2.75

Water town—

0.50
3*a 1940-40 .J&J
(City)—
Funding 1940-68.-J&J b 0.40
2*s Hospital 1940-49-J&J16 0.10

2.10'%

to 2.60

1.15

MICHIGAN

J&J 15'5
A&O 15 b
4*s Highway 1943
.F&A 6
4*s Highway Impt 1944 A&O b
4s Highway Impt 1942--A&0 b
5*s July 15 1941
5*s Oct 15 1941

%

2.50j%

to 2.25

to

%

2.75 %

Worcester

1 *s

Certificates of Indebtedness—
3s 1941-1950
A&O

%

9

to 1.60

to 1.75

Walt ham 2s 1940-1948.-J&D

2.00 %
2.00

South

3.70

b 3.00

%

to 2.20

3.70

b 3.90

to 2.30

J&D 6 2.25

Portland Sewer Dist—
1940-1950
M&N 6 1.00
Water ville 4*s 1940-50
6 2.00
Westbrook 4*« 1940-1948— 6 100

to 1.00
to 0.75

Somerville—

J&J

4a

98

%

to 2.30 %

6 2.60

4s O H *41-'45 tax ex
A&O 6 075
Portland Bridge District—
3*s July 1. 1940-1947
6 0.75
Portland Water District—

%

to 1.00

2*s 1940-1953
l*s 1941-1949

Water District—

1952-1958

/o

to 2.00

0.50

New Bedford 4s 1957

Portland—

Project No 141945




to

to

4s

%

to 2.25

0.50

2.90
3.40

to

_

Ashland—

/ Flat price.

to

4s State Pier 1941-1942-.M&S 6 0.75

Old Town
102

101*
101*

to 2.40
to 2.40

3*s 1940-1942 tax-ex M&N
2s 1941-1953
F&A
Methuen (relief and sewer)—

to 2.70

Bath 48 Ref 1941

102*
102*

b Basis.

3.70
to 3.00

3*8 1940-1951
M&S 6 0.75
2sImprove'mt 1940-50 -A&O 6 0.75
Augusta 4s Oct 15 1940-1955- 6 0.75
tax-ex_J&D 6 2.50
Belfast 4*s Ref '40-'50 M&N 6 3.50
Brewer High Sch Dist—
4*s 1940-1945
M&N 6 1.00
Kennebec Water District—

A

1.10

Medford—

to 2.30

to 2.20

%

2.00

1 *s 1941-1954—
M&N 6 0.50
Maiden 2 *s 1941-1958--F&AI6 0.50
Ref l*s 1940-1949—M&N " 0.50

3.20
to 1943

MAINE

4a Ref

4*s 8 I '42, '47 &*52_-M&S
Bowling Green—5s 1955.J&J
Covington 4*s *40-'50—A&O
4*s WW 1941-51
J&J
4s Fdg 1952 opt '42
F&A
4*s School Jan 1 1941-69
Henderson County—
4*s R&B Oct 1'4(K50 A&O
Lexington—
Pub Wks Nat Recovery
4s 1941-1963
J&J
City Hall 5s 1941-*55-F&A

2.50 %

to 2.50

to 1.80

0.50

to 2.50

0.50

3.70 %

6 0.75

1.75 %
%

0.50

KENTUCKY

Bridge Revenue Refunding—
Project No 2 July 1 '50 J&J
Project No 3 July 1 *50 J&J
Project No 9 July 1955 J&J
Project No 8 July 1 1945
Project No 10 July 1 *50 J&J
Project Noll 1952
Project No 12 1947

108

Sept 1. 1940-1953
M&S 6 0.75
0.50 4s Highw & Bdge '40-44 M&N 6 1.50

H'way &Bdge '41-54-A&O

2.75 %

1941-48-.A&O 6 0.50

2*s 1910-1947

5s

0.75

2*s

Tensas Basin Levee District—
5s Jan 1957
J&J 6 3.50

4s

%

2.80 %
3.00 %

0.60
2*s 1941-1968—M 2 & N 2
4s 1941-1955 (tax-ex)-M&N
0.75
Framingham—
oio
l*s water 1940-58-—M&N
Haverhill 1 *s 1940-1951 J&D 6 0.50
Holyoke 4s 1940-1950
A&O 6 0.50

106

J&J 6 3.80

Red River A & B B District—
5s 1950 Series B
A&O 6 3.30
5s Mar 1953 opt 1943-M&S 6 2.50
5s 1965 Series D
F&A 6 3.80

to 3.00

Fall River—

to 2.70

5s

%
%

?90

__M&S
F&A
Cambridge 2s 1940-1958-A&O
l*s 1940-1946.F&A
Ohicopee 1 *s 1941-1959 M&N
Easthampton (hi'Way & relief)
l*s 1940-1948
M&N15
Everett l*s 1940-1959--J&D
1 *s Relief 1940-1948.-J&D

.

to 3.30

5s Oct 1952
A&O 106
Pentchartrain District—
6s 1944
M&N 5 2.60

1.50

"0.75

2*s 1940-1949
l*s 1941-1950-

105 £
105
to 1.75

to 3.00

1.75
1.75

McPherson 4*8 1945
Saline Co 4*8 1945

5*s Jan 1 1941
J&J
Topeka S D 4 *s Mar 1 '4l-'46
Wichita 4*s 1941-1946.J&D
Sch Dist ref 4*a '41-48F&A
l*s 1945-59
J&D
Wyandotte County—

Brockton 1 *s
Is 194119
-i9l

101

Shreveport—
5s Dec 1, 1940-1969--.J&D 6 0.50
4*s W W & Sew '40-'54J&J 6 0.50
4*s May 2. 1941-67-M&N2 6 0.50

0.50

4*8 1941-1953
4*s 1940-1953

J&D
3*s June 11943-1944-J&D
3*s July 1 1945
J&J
3s April! 1941-1957
2*s 1941-1968.
J&D
2*s Sent 1 1940-1956-M&S
2*s 1940-1955
J&D
l*s 1940-1959
-..J&D
Metropolitan District—
2*s ser A 1941-'58-M&S
2*8 ser B 1941-62-.J&J
2,*s Dec 15 1940-1960.2*s Oct 1 1940-62
A&O
Braintree 4sl940-1941
J&J

101

Plaquemine Parish E Bank—
Soldiers' Compensation Bonds

to 3.40

3.00

0.50

4s relief 1940^1953

108

100*

Orleans Parish Sch Board—
5s 1940-1944
—J&D b 1.00
5s 1945-1967.
;
J&D b 2.00

to 3.50

%
%
%

2.25

104*
107*

1940-1949
J&J b 1.00
1950-1959. —J&J b 2.80
4*8 Non-callable 1952 J&D b 3.20

to 1.25

3.00

5b July
5s July

to 2.00

5 0.50

to 2.70

48 Tun & Sub '59 tax-ex J&J

103^
106

1 1942-1964-M&S b 1.50
Orleans District—

to 2.00

I

1%50

to 2.90

4s Mar.

*

to 2.80

%

to 3.90

3*s Ref 1940-1962...M&S 104
3 *8 July 1 1953-1968
105
4s July 11940-1952
b 1.00

1.70
is

6 0.50"
6 1.75
b 2.90

I

4s Tunnel & Sub 1948 J&D
4s Sub 1958 tax-ex
J&J

New Orleans—Public Belt—
b 0.50

4*s Water 1940-1944.A&O
Sac Co 2*8 May 1 1941-1947Sloux City 6s '40-'45-F&A15
0s Ref Aug 15 1940..F&A15
4*s Sewer 1941-47—M&N
2*s 1940-1950J&J
Sioux City S D 5s 1941—J&J
Woodb'y Co Fund 2*s'42-'40

103

6 3.80

A&O 6 3.40

Lake Borgne Dist
5s Dec 1952 opt

2.75

%

2.80 %

-

opt '62
Basin Levee—

5s 1956-1970

Des Moines Ind S D—

4*s Sept 1 1945
4*s 1944
4s Sept 1 1945

to 2.30

2.00

1940
J&J 100
1942
J&J
5s Oct 15; 1962 op '52.A&0 b 3.40
5s Oct 15,1963 op'53A&0 15 b 3.45
5s 1969 opt 1959—F&A 15 b 3.70

to 0.75

J&D
J&J

W

3.00 %
102

1941

5s 1950 opt
5s 1952 opt

2.60 %

b 2.25

106

3.15 %
%

to 3.15

Fifth District Levee—

1.75

M&N
J&J

W 1940-42
6s Gen Obllg 1940
4tfs

to

%

Caddo District Levee—

1.00

2.25

5s 1972

1910-1942

to 3.15

b 2.90

Lafourche

4*s

to

_.

IOWA

Cedar

to

State Pension 5s June 1,1948. b 2.40

South Bend School Oit
City-

4*s

1.60

1.75
3 *s series S 1958-1960-J&J b 3.10
3 *s ser V 1950-1961--J&" b 3.05
3-3 *s June 15 1943-1962
99

%
2.50

%
2.30 %
2.35 %

1.25

!

2.50 %

to 2.50

—

%
2.55 %

2.10

2.15

MASSACHUSETTS

to 2.40

State

Highway—
4*8 series D & E 1944-55
5s series F Mar 15,1945-485s series K July 1,1947-49
4s ser 8 1941-1957
J&J
4s ser V 1943-1955
J&J

2.10

,

to 1.25

Regis'd stk 1940-57 M&N

-

to 3.5C

Elver Forest S D No 90—

2.10s 1944-1958
Rock Island (City of)—

3.90

LOUISIANA

5s series A. B & O

II'way Bdg)—
1904
J&D

2.25
2.65

0.25
—A&O
2.50
4s 1950-1975
M&S
3*8 March 1945M&S
2.10
3*s Refunding 1952
J&J
2.75
3*s Sewage Impt '80-A&O
1.50
Oumber'd 4*a W W *41 A&O
Hagerstown—
0.50
5s Water 1940-1987—A&O
O.50
4*sl940-1987
A&O
Montgomery Co—
4*s 1941-1968.
M&N 6 1.50
Washington Sub San Dist—
3.00
3*s Wat & Sewer '87.M&N
3.25
4*s Sewer g 1973
J&J
3.00
5s 1969 opt 1949

Short Term Bonds—

Madison (Kings

2.20

to 2.80

4a
4s

%

3?00
1.80

M&S
M&S

1901
1945-1971

2.00

4s 1940-1944

4*s w w 1940-1970—A&O b 4.00
Warren Co 4*8 1941-'59-J&J 6 4.00

Net

to 2.80

1.50
1.70

0.60

3.80

to 3.00

Jackson Co 4*a

0.50

4s Annex 1954
J&D
4s Parka 1955——.M&N

0.90

Paducah—

2.00

to

2.60

b 1.25
b 0.85

3s Sew & Park 1941—J&J
Owens bo ro 5a Sewer.—.J&D b 4.00

to 2.50

b 1.00

2.55

b 2.75

to 1.70

2.10

4*8 Mar 1, 1941-*55~M&S
4s Aug 1, 1951
F&A

b 2.70

1943

Ref

3*8
b Par

2.00

to 3.00

1.20

1941-1961
A&O
5s Gen Imp 1943-45--.M&S
5a Water 1901.
A&O
68 registered 1940
M&S

F&A
J&J

1905
1 1970

Sewor

4s

0.50

5a

1.70

b 2.25

Ask

Baltimore—

2.60

b 1.90

Bid

Bonds

2.60

b 2.25

Hospital 1951—.M&S
4*8 Ref 1905
J&D
4*8 Jan 1 1970
F&J
4*8 Sewer 1969——J&A
4s Sewer 1947
F&A
4s Lou W Co 1950—F&A

2.00
2.50
2.20

to

4s 1950

1948-'54
Cook County—

to

To

or

Net

Ask

Louisville 5s Sch 1902—A&O b 2.75

District—

4s 1955 opt 1940-'44
4s 1955 opt 1945-'47

95

BONDS

MUNICIPAL

AND

STATE

-June, 1940]

0.25
0.30

less

0.75
1.00

less

0.50

less

less
less

*
*
*
*
*

STATE

96

possible for the closing day of the month preceding the date of issue
Yield Basis

Yield Basis

Ann

Ask

.

Bonds

Net

Arbor—
b 0.75

4Mb
4Mb

to 1.75

b 1.15

J&J

to 1.50

b 0.75

MAN

Dearborn—

.

less

to

1.75

to 2.00

1.90

to 2.25

Nov 1

1948-1952

3s Road 1963-1957
3s Building 1941

b 2.00

to 2.75

99

b 3.80

less

4Mb
----4MB
---Refunding Water series D—
3 Ms Oct 1 1951-1901 —
3 Ms Oct 1 1940-1950
3 Ms Oct 1 1948-1950
4s July 1 1940-1947.- —
Street railway 4Mb
Refunding 3 Ha *57-'02 J&D
Refunding 4s '40-'56--J&D
General & Street Railway—

less

1

b 3.10

less

1

b 2.75

to 3.00

b 0.50

to

b 2.75

less

b 0.50

to 2.50

b 3.40

less

2.75
1

1

100
to 3.60

Oct 1940-59

b 0.50

to 3.25

General 3s Oct 1 1959-02-

b 3.40

lesslM

0.40

to

1*16

J&J

1.20

to

3.00

...J&J

0.60
0.60

to 3.00

3s 1940-1957
3s 1954-1975.

lass

b 1.50

to 3.60

b

to

3.60
1

b 3.60

less

b 1.00

to 3.60

98

100

98

100

b 1.00

to 3

b 1.00

to 3.00

.00

b 1.00

to

b 1.00

to 2.CO

b 1.00

2.40
b 1.00

4Mb 1941-1945
M&N b 1.00
Lansing 4Mb 1940-1946-.J&D b 0.75
Muskegon 4Mb 1941-44--J&J b 1.00
Muskegon S D 5s 1942—July

to 1.75
to 1.50

1.75

to

s
°25

Saginaw 4Mb 1940-1949—F&A
4Mb Sewer 1940-1951.J&D

b 0.75
b 0.75

1

b 1.00

Covert roads

to 2.50

4Mb Airport April 1 1948—

fbo

0.50

to 3.10

2Mb School 1941-1969.M&S

0.50

to 2.75

0.50

to 2.50

J&J
J&J
J&J

0.50

to 2.75

0.50

to 2.80

J&J

to 3.25

4Mb

.35

Duluth 4Mb 1941-1947---J&J
4s
1940-1946
-J&J

to 1.90

.00
.25

2s Rural Credit ctfs 1942

less

0.50

less
less

to 2.50
to 1.65

.00

.

0.40

to 2.35

0.40

to 2.00

A&O

0.40

M&N

2.00

to 2.15

F&A

2.10

to 2.20

Springfield 4Mb '41-'49—M&N
University City—
4Mb 1941-1943
M&N
4MB 1942-1949
J&J15

0.50

to 2.20

0.50

to 1.15

1.00

to

Phila-Camden Bridge—
4MB 1940-1945
M&S

to 2.25

Public Bldg & Impt—
3 Ms 1941-55

2Mb 1951-56
1954-58

4Mb 1946-1973
East

4s

4Mb Sanitarium '4l-'42 J&J

.00
.50

to

J&J
J&J

3Mb 1941

.L00

3.00
to 2.25

1.00

.00

%

to 2.60

.25

less

M&N
A&O

.00

less

.00
.00

to

to 2.00

.00

to 2.70

.00

to 2.50

M&N
J&O
A&O

.00

to 2.60

.25

to 2.20

1.90s Oct 1 1941-1946.A&0
1941-1943—
F&A
1Mb 1944-1948
F&A

.00

to 2.00

.00
.75

to

.00

to 2.30

.00

to 2.30

.00

to 2.30

.00

to 2.60

.00

b 1.00

J&J 6 0.50

to 2.00

2s

1941-1946

1.80s

1 70s 1941-x949
J&J
Ramsey County
1M Mar 1 1941-1949-M&S
2MB 1941-1947
F&A
4 Ms 1941-1950
-F&A
4Mb Rd & Bdge *41-'44M&N
4Mb Rd & Bdge '40-'43 J&D

St Paul—
fis school July 1 1951

M

.00

NEW

less

...

1

4Mb W W 1941-1942
5s School July 1 1951—J&J
5s Gen'limpt 1941-62—J&J
4 Ms Sewer July 1 1943-J&J
4Ms 1941-1959
J&J
4s 1941-1961—
A&O

.00

.00

.00

to 2.70

_

less

NEW

2.80

to

b"0.50

to

105

%
2.50 %
2.70
2 .70 %

100

Non-call*ble bonds
Greenville 5s fund *43-'50 F&A
5 Ms 1941-1954-A&0

105

1.75

4Mb Jan 1 1941-1952

4MB 1940-1952
M&N
Jones Co 5s 1941-1942— -M&N
Meridian—

to 2.80

0.50
0.50
0.50
0.75

Jackson

to 2.85

'0

to 2.85 %

to^.85

%

to 1.75

%

House 1941 J&J

1.25

Mississippi Levee District—
5s May 2 1944
6s July 11953

1.50

0.60%
2.15 %
2.00 %
2.20i %

—J&J

2.80

Yicksburg—
5b Pub Imp 1940-1948. F&A b 0.50
Yazoo-Mlss Delta Levee Dist6s 1940-1954
-M&N b 0.50
4Mb July 1949
J&J

/Flatprice.




%

0.85

b 0.50

to 1.10

%

b 0.30

to 1.40

%

0.15

to 2.35

0.15

to 2.65

0.15

to

0.20

to 2.60 %
to 2.80

!j60

to

0.75

n

Nominal.

%

88

b

to 1.75

1.50

to

1.75

b 2.00

to 4.00

M&S b 1.00

to 3.50

to 3.75

M&N15

to 4.50

to 3.50

.M&N b 1.50

Hunterdon County—
4Mb Road & bldg *4l-*46J& J
Irvington 5s School 1963.J&D
4Mb 1940-1959
J&D
Jersey City—
5Ms 1942-1953
A&O
5s 1910-1969
A&O
4Mb School 1940-1958.J&D
4Mb School 1945
J&J
4 Ms Water 1961A&O
4Mb 1940-1907
J&D
4sTtefunding 1949
F&A
4s July 1 1940-1953
Gen ref 3 Ma '41-*54—F&A
3Ma, 1910-1956
J&D
Keansburg5Ms 1941-59.M&N

b 1.00

to 2.00

b 0.50

to 3.40

b 3.00

to 4.75

b

to 4.75

1.50

&fl.50 to 4.50

00'
4.00

b 1.50
b

to 4.25

1.50

to 4.10

b 2.50

to 3.90

b

to

1.50

b 98

3.80
87

Kearney—
4Mb Water 1940-70.J&D15 b 1.00
4Ms Sch impt '40-'52.J&D b 1.00

2.70
T

to 3.00

5Ms

to 3.75

1940-1970

J&D

b

to 3.50

1.00

Linden 2Mb 1910-1956—-J&D b 0.75
Lodi 5s 1941-1947
J&J b 90
Long Branch 5s 1943
M&N
Lyndhurst 4-5Ms.
93
Maple wood (Township)—

to 2.50

,

0.30
0.40

4Mb series B July 1940-1967
1941-1969.
2MB8erieB D May 1941-1970
N. J. Emergency Relief—
3Ms Jan 1941--4s series O April

6s May

4°50<
to 3.25

85

5Ms Water 1941-1963-M&S

to 3.25

...

to 2.50

0.20

0.30
0.40

0.40

0.60
0.75
1.00

1.75
0.40

4s 1940-1967—-. ._J&D15
.

to 2.75

%

%

78

3~25
97

t0 3.00

b 0.75

Middlesex (Borough)—

3 Ms 1941 to 1967
J&J
Middlesex County—
4Mb Road 1941-1944..F&A
Imp 3s Nov 15 1940-1948—
Monmouth County—
4Mb Mar 15 '41-'50—M&S
4Mb Rd & bdg '40-51F&A15
Montclair 4M« Sch 1941-A&O
4Mb High sch bldg '44. J&D
2Mb May 16 1941-1970

Morris

b 1.50
b 1.00

99

.

to 1.75

b 0.75

to 2.75

b 1.00

to 3.50

b 1.00

to 3.50

b 1.00

to 3.00

County—

0.30

4Mb 1942 opt 1922
J&J
3 Ms 1940-1949
0.30
J&D15
0.30 Morristown—
0.30
4Mb 1941-1942
J&D
4s 1941-19090.40
—r
M&N
to 2.45
Neptune 4Ms 1941-1955-F&A
%
to 2.55 %
Newark—
6s 1941-1972
M&S
to 2.45
5 Mb Oct 15 '40 to'59 A&015
to 2.45
5s 1940-1958
J&J
to 2.55
4Mb 1940-1983
F&A
to 2.55
4Mb School Dec 1 *45—J&D
4s Sch house 1959 opt 1949
4s Pas Val sew'61 op 51 J&D
0.40
4s 1940-1970.
0.40
J&D
to 0.45
3Ms Track elev 1954—F&A
%
to 0.60
3 Ms 1941-1966
M&N
%
—

0.30

0.40

Construction—
0.30
0.30
0.40
0.40

1941.

4Mb Nov 1940 to 1941
3Ms Mar 1941 to 1942
6 Basis.

to 2.50

JERSEY

3 Ms ser A July 1940-1966..

%
2.00'

to 3.25

to 1.60

J&J b 0.30

Mb series E July 1940
4 Ms series F Jan 1941
4Mb series G July 1941
4s series H July 1942
4s series I July 1943—_
4 M® series A of '27 July 1944
4s ser B of '27 July 1950Soldiers Bonus 5s July 1941
Highway Extension—
4 Mb E of '20 July '64 opt '39
4Mb F of '20 Jan '55 opt '40
4Mb A of *24 Jan *65 opt *40
4 Mb B of '24 July '65 opt '40
4 Ms C of '24 July '60 opt *41
4 Ms ser B of'30 July '40-'e7
3 Ms ser O of '30 Nov *40-'69
Institutional

M&N

to 3.00

to 3.25

to

—

107

to

b 0.75

4s g Park 1954 & '59-M&N b 3.40
2Ms Apr 1 1941-1959..
b 1.50

b 0.15

Bridge bonds—
4Mb Series D July 1940
4Mb series E Jan 1941

to 1.60

to

1.00

%

b 0.15

4

b 0.50
b 0.50

b

b 1.00

to 2.75

Road Bonds—

Callable bonds.

4Mb School

to

3s H S 1941-1950

1

to 2.75

to 3.75

to 2.90

.00

1941-1957----.—J&D

MISSISSIPI
5Ms Impt 1941-1946
M&S
4Mb May 1 1941-1950——
4Mb Impt 1953
J&J
4Mb Flood 1940-1953...A&O
3 Ms Highway 1950-1959.F&A
Biloxi 6 Ms 1941-1943
A&O

1.50

less

.00
.75

to 3.25

b 0.75

b 1.50

Nashua—

to 2.80

2.60s

to

,90

%

%
%
%
3.50 %
1.75 %

b 1.00

4Mb 1941-1978

Concord—

2Mb Sewer 1940-1956-M&N
4Mb USD 1940-1965.J&D
Keene 4 Msl940-1942
M&N
Manchester—
4s Impt 1940-1951
A&O
3Ms Bridge 1940-1956-F&A

%

3.50 %

to 3.00

Hamilton (Township)—
3Ms sewer 1940-1978--J&D b 1.00
Hoboken 5s 1940-1954...J&J b 1.50
Hudson County—

HAMPSHIRE

July 1940-1948
J&J
4Mb Highway 1940-1943.J&D
3 Mb Refunding 1942-1944 J&J
1Mb Highway 1941-1946 M&S

to 1.75

.00

J&J
A&O

J&J b 0-75

4s

1.75

to

%

5s 1948
J&D b 2.25
Omaha SD 4Mb Mayl'55M&N b 2.40
York School District—

to 2.30

to 3.40

to 3.25

to 1.50.

15'41 J&J 6 0.75
M&N b 2.30

4Mb 1941-1955

%

112

b 1.00

J&D

3s 1940-1966--.

1.50
to 2.40

to 2.60

.00

1941-1966
2Mb 1941-1967
2.30s 1940-1947
2Ms 1941-1958
2 20s 1942-1959

to 1.00

110

2.65s 1941-1970

4Mb Wat wks Dec
4Mb May 1 1950

to 2.70

2.60s

b 0.50

F&A

Hackensack4Ms 1942
F&A
4Mb Imp 1941-1942—J&J
,•
68 1941-1954
F&A

to 2.50

4Mb 1940-1959—

to 2.80

A&O
M&S
M&S

3s 1941-1959

^

Omaha—

1

82

Gloucester Co—
4 Ms Bldg& Rd '40-*45 J&D20 b 0.50

NEBRASKA

North Platte Sch Dist—

to 2.70

.00

to 4.00

(Boro)—

4Mb 1940-1966
1.25

to 4.00

5s July 28 1940-1960
b 0.50
Falrview 5s 1944
J&J
Glen Ridge—
4 Ms Mun Bldg 1940-70 F&A b 0.50
Gloucester City—

Great Falls—

4Mb School 1941-1944

A&O

%

0.50

Lincoln School District—
4 Ms
1941-1953
M&N b 0.50
McCook County—

to 1.25

4Mb Hospital 1941—M&N
Minneapolis—
5s 1941.1943.1945,1946,
1947, '48, '49. '50—-J&D
4MB 1941-1952
A&O

Hennepin County—

4s 1944

to 2.25

Highway debentures—
to

1.00

M&S

Hospital 1946

Essex Fells

6 0.75

to 3.50
to 4.35

to 4.30

Orange—

Elizabeth—
2Mb 1941-1978
—M&S
4Mb 1941-1957
A&O
5Ms Dec 1 1940 1946.J&D
6s 1941-1972
J&J
Englewood 5s 1941-1944. .A&O
Essex County—
4 Ms 194M960—-.M&S 15

bonds—

'44. 1941-1953..J&J b 1.25

1.00
3.00

3.75

1941-1969.
J&D b 1.00
5s Sewer 1941-1960
J&J b 1.00
3 School 1940-1974—A&O b 0.50

2.20

Douglas Count*—
5s Highway 1940-46.-A&O 6 0.40
Holdrege S D 5s 1941-52. J&D b 0.75

to 2.50

3.25

to 4.75

4Mb

MONTANA

4Mb Dec 31 1940
Daniels Co 5Ms 1940
6s 1941 opt 1940

1.50

b 2.75

4s 1944 1968

3.20

Beatrice S D 5s 1941-54.-F&A 6 0.50

to 2.50

.00

to

Cape May—
4Mb School 1941-1951.M&S b 95
Delaware River Joint Com

M
M
M

to 1.50

J&D b 0.75

5Ms 1910-1961
F&A
4Mb Water *41 to '60.M&N
4Mb 1942-1969
J&J
4s 1945-1970
Camden Co—
4Mb
1940-1970
—J&J b

to 2.65

1.50
0.60

to

%

1940-1958

0.50

Camden—

2.70

2.70

4s opt

3.00

Bloomfield4Ms 1940-69J&D15
Bogota 4Mb 1940-1946--J&D
Bound Brook 4 Ms '40-'42 J&D
Bridgeton (City)—

to

Funding

I940-1942.J&D

3.00

3.00

to

to 2.20

MINNESOTA
.70

to 3.00

98 M

to 3.00

0.50

4Mb Wat & Sew '40-'50-J&J

3 Ms July 151943
J&J
2M trunk h'way '47-51—M&N
1.85s Rural Credit ctfs 1941—

1.00

to 2.10

to 2.00

to 2.10

to 3.50

to 1.25

J&J

3.50

Wayne County—

1.00

to 4.25

to

to 3.45

100M
1.25

to

1.00

to 3.25

Pontiac—

Refund 4-4 Ms 1964 opt 1937
4Mb School June 1 1955.
Port Huron 4Ms 1942

1.00

0.50

to 3.30

2s

to 3.90

1.00

to 4.25

0.50

0.40

3%00

4Ms July 15 1955

to 3.00

2.50

0.50

0.40

Jackson Union S D—

98
to 4.00

5MsDecl5 1940-60.J&D15

2.75
2.60

—

2.50
-1.00

—

76 M
69

5s Dec 15 1940-1955. J&D15

3.55

2.75

F&A
M&N
4s 1941-1951
M&N
3s School 1941-1954—F&A
2s Feb 1 1958-1959
F&A

to 1.50

to 1.50

74M

to 3.60
to

J&J
A&O

—

to 1.45

J&J

Bergen Co—
5Ms Dec 1

3.00

M&S

4Mb 1941-1953
4MB 1941-1948

J&D b 0.40

M&N b 0.50

to 3.65

St Louis—

_

to 0.60

Belleville 5s 1940 & '44-M&N
3s
Refunding *41-'60. M&N
Belleville S D 5s *40-'44 M&N

to 3.00
to

to 0.75

4Mb
1940-1955
F&A
4Mb School 1940-1966.F&A

3.75

0.50

3Ms 1941-1951—
J&J
2MB 1945-1955
J&J
St Joseph 4Mb 1941-'45-M&S
Refunding 4Mb May 1 1951

3.50

Bayonne 5s 1941-1949

to 2.50

to

to 0.60

2M-4Ms Jan 1973
66
Water 3-4 Ms Jan 1973
95
I
Atlantic County—
4 Mb Bridge 1941-1957-A&0 b 2.00
Audubon (Boro)—
6s July 1 1940-1944
1.00
5 D 4Mb 1941-1955—M&S
1.50

to 3.00

J&J

2MB 1958-1975
2Mb 1956-1975
Kansas City S D—

to 3.50

1943
Asbury Park (City)—
Refunding 4s 1966
Atlantic City—

3.00

Net

A 1942-1949,

opt

to 3.00

5s 1941

1

1.50

1.50

to

ser

opt 1942
1 Ms ser B 1943-1950,

to 3.00

4MB 1941-1950
4MB 1941-1950
4Mb 1940.

to 2.85

b 3.40
b

1-J&J

4s 1941-1951

b 0.50

1940-62

1.75

4 Ms 1941-1950
0.60
J&J16
4Mb 1949
...J&D
*0.60"
4Mb Road 1941-1952--J&J
4 Mb Court h'se '41-'52 J&J
0.60
Joplin (School District)—
b 1.25
4Mb 1943-1948
Kansas City—
4Mb Various May 9 '41-'72 b 0.50
4Mb Jan & July 1942
J&J
0.50
4MB 1941-1955
A&O
0.50
4Mb Airport 1941-54—A&O
4s Airport 1941-1971—M&S
0.50
3 Ms 1941-1974
0.50
J&J
0.50
3Ms 1941-1974
F&A
3 Ms 1940-1955
0.50
A&O

1

b 3.05

98

to

Jackson County—
4s 1941-1951
4Mb 1941-1950

lesslM

b 3.00

b 0.50

to 0.80

Ret 3s 1943-1956

102

Water 4s

non-callable

to

1.65

.J&J
3s State Bldg 1941-1944.F&A
Buchanan County—

101M
101M

100M

2.20

1.90
0.40

J&J

Ask

Emergency—Concluded

1Mb

J&D

1948-1952
4Mb Road 1941-1942

100 M

101

100M
-

Refunding 2Mb 1951-63 J&J
Refunding 3 M» 1941-50 J&J
Refunding 4s 1941-60.M&N
4s Jan 1 1941-1953. --J&J
Refdg 3Ms 1961-62.-M&N
Rfdg3Ms 1940-1952. J&J 15
Rfdg3Hs 1953-1962. J&J 15
3Ms Jan 1 1953-1963--J&J
Flint 4Mb 1941-1954.M&S 15
6s (Mar 1 & Apr 1) '41-'50Flint Union School Dist—
5s 1941-1954
-M&S
Grand Rapids—
3s Sept 1 1941-1945—M&S
Grand Rapids School Dist—
4Mb 1940-1943
M&S
Highland Park—
4 Ms April 15 1957
5 Ms May 1 1941
4Ms School Nov 1 1954
Jackson 4 Ms 1941-47--A&016

M&N

3 Ms

to 2.50

4s

Water 2Mb Oct 1

1.20

To

Bid

3 Ms May 1941 to 1942
b 0.40
2M Jan 1941 to 1943.-..-. b 0.40
Ed Aid 4 Ms ser A Jan 1941-42 b 0.40
Unemployment Relief—

to 1.50

A&O

1944-1948—

to 2.00

General3Mb callable (Long)

3 Ms

to 2.20

Road

1.00

Detroit—

5s

2.00
1.00
1.00

4s

%

_

^O-'Sl-'SO-A&O

4MB
4Mb

Road 1948-1951 —-M&S
1943-1946
M&S

b 1.00

b

1940-1951—M&S

4Mb Sewer

N. J.

M&S

4s

F&A

4MB 1941-1949
Bay City—
w w

Bonds

Net

4s 1943-1947

Greek—

4 Ms Sewer 1940
Battle Creek S D— '

SMs

or

r

Ask

Bid

MISSOURI

W W ref 4 M« 1940-1948
3 Ms 1944-1946
Battle

Yield Basis
To

0r

To

or

Bid

Bonds

BONDS

MUNICIPAL

AND

Quotations for all securities are as near as

b 0.30
b 0.40

b 0.50

to 2.25

b 0.75

to 1.50

b 0.25

to 3.10

b 1.00

to

b 1.50

to 4.50

b 1.00

3.50

to 4.30

b 1.00

to 4.25

b 1.00

to 4.25

b 1.00

b 1.50
2Mb Jan 15 1941-1976—J&J b 1.40

99

3.75.
to 3.90

to 3-50

June, 1940]

STATE AND MUNICIPAL BONDS

97

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

Bonds

Ask

Bid

New Brunswick—

4MB

1.00

to 3.50

1.00

to 4.20

1.00

to 4.15

1940-1957

3 Ms Mar 15 *41-'81—M&S 16 6 0.30
3 Ms 1940-1949----M&N 15 6 0.25
3s g Canal Jan 1 1956—J&J
123
3s g Canal July 1 1958 —J&J
123

North Arlington (Borough)

Refunding 4s
North Bergen ref 4s-4Ms—
Nutley (School District)—
4Hs 1941-1942
F&A

82
84

86

3s Mar 25 1941-1987
6

1.00

_

Orange—
4Mb Sewer 1940-1964.A&O

3s g Canal Jan 1 1959—-J&J
3s Canal 1957-1959J&J

88

4Mb 1943-1967-.:
F&A 6 1.75
Ocean OitySs 1944
98
F&A
4 Ms Impt May 15 1941-56- 6 3.50
Ocean Co 4Mb 1940 '50-J&D 6 1.25
6

1.00

to 1.50
to

to

5"66

%

to 3.75

%

to

1940-1951
5s Impt 1941-1948

J&D b 1.00

to 3.60

2Mb
1Mb
Emerg
2Mb
2Ms

%

M&N
4Mb Refunding 1944--M&N

6 1.50

4)4s Water 1940-1970-J&J

6"0.75

to 3.50

%

6 0.75

to 2.75

6 0.75

to 3.50

%
%

1.00

to 4.00

to 3 .40

Passaic County—

6

b7.00

to 4.00

f°00
%
4.00

to 100

6 4.00

to 4.50

to 2.70

0.50

to 2.65

0.50

to 2.60

to 2.40

4s

M&N

2.55

J&D 15

2.50

M&N

0.60

to 3.00

A&O

0.40

to 3.20

b 0.50

to 2.75

4s June 151960
4s 1940-1958

J&D

1.00

to 3.00

2.60% Relief 1940-45..J&J
2Ms Oct 15 1940-56..A&O

to 2.20

to 2.70

0.60
0.30
0.45

to 2.50
to 2.70

0.50

to 3.25

J&D

0.60

to 3.25

3 Ms ser F 1940-64—M&N
Columbia County—

0.45

to 3.30

3Ms 1941-1964

Trenton—

534s 1941-1951

A&o

1.50

to 3.75

A&O

1.50

to 3

434s 1941-1966
434s 1941-1960
3s 1941-1970

F&A
F&A
A&O

1.50

to 3.75

1.50

to

4MB

.75

6

2.25

to 3.00

to 4.25
to 2.50
to 2 .35

to

100

334s 1941-1951 opt '40.A&O 6 1.75
3348 1941-1979—
J&J 6 1.75

to 4.00

97

to

6 0.50

to 3.50

6

to 3 .25

1.00

6 1.75

to

6 2.25

A&O

to 4.75

1.25

to 3.50

6

99

MEXICO

..J&J

b 1.75

0.75

334s H'w'y deb '46-'47—M&N b 2.50

1.75

334s H'w'y deb '48-'49—M&N b 2.50
3s Jan 1 & July 11949-1952— b 2.75

2.00

234s H way deb 1944-45-M&S b 2.40
234s 1946-1951
J&D b 2.50
234s H'way debs 1951-52.A&0 b 2.50
2348 H'way debs 1953-54.A&0 b 2.75

1.75
2.20

2.25

2.20
2.25

„

Albuquerque—
5s Water

Works 1962..J&D
120
434s 1940-1950
J&J b 1.00
4 34s 1940-1960
J&J b 1.00
Middle Rio Grande Conser
Dist 534s 1940-1973—F&A
67
8ocorro Co 5s 1941 op '21.A&0
96

125
to 3.00

to 3.25

70
100

YORK

6« Jan & Mar 1

6 0.35

1.50

to 2.70

b 2.65

2.35

b 2.65

2.35

b 2.65

M&S
J&J
J&J
M&S

to 1.40

b

—

2.35

b 2.65

2.35

Bar 4* Canal 1945
J&J b 1.30
Bonus 1941-1949—.A&O b 0.30

to 1.70

4s Canal Term 1942

J&J b 0.60
4s Canal Term Jan 1946.. J&J b 1.50

4s g High Imp Mar 1958.M&S b 2.40
4s g High Imp Sept 1958.M&S b 2.40
4s High imp Mar 1960— M&S b 2.60
4s Canal Imp July 1960--J&J b 2.60

J&J

1.15

4.70s 1940-1965

0.40

to 2.40
to 2.10

2Ms 1940-1953

0.50

to 2.15

0.50

to 1.70

1.90

to 2.30

0.50

to

1.40
2.30
2.30

3.00

to 1.40
to 3.20
to 2.90
to 2.10

0.30

to 2.40

0.50

to 2.75

2.60

to 3.35

0.60

to 3.00

0.75

to 3.25

0.50

to

2.85i

-J&D
J&D
J&J15

J&J
.J&D

2.00

to

3.60 %

1.75

to 4.10

1.25

to

1.50

3.50

1.25

3.75
to 3.70

1.00

to 3.60

1.00

to 3.65

1.00

to 3.60

0.50

to 2.60

1.25

to 3.10

3.70s

1941-1951
..A&O
Ref 1.90s 1941-1957. .-F&A
2.10s Feb 1 1941-1968
1.70s 1940-1968
J&D
Ontario Co4s 1941-1951-M&N

„

1.10

to 2.90
to 2.25

82

•

3.80 %

3.85 %
%
to 2.50 %
to 2.85 %
to 2.75 %
to 2.85 %
to 1.60 %
to

to 4.00

to 2.25

%
2.00

to

4" 15

4.05 %

%

4 M sser D 1942-1960-M&S
Holland Tunnel —

4Ms series E 1941

2.30
2.35
2.35

4s Canal Imp Jan

2.65

2.35

4s

2.65

2.35

4b Palisades

2.65

2.35

0.25

to 1.70

0.30

to 2.35

0.30

to 2.60

Nassau County—

J&J

to

J&J

to

3s

1941-1950
.F&A
3.40s July 1 1941-1945-J&J
2 Ms 1946-1956
2Mb 1941-1957
F&A
2.40s May 1 1941-48
M&N.
2.20s 1940-1959
..M&S b 1.00
New burgh—
4s Wat Impt 1942-1963.J&J
4Mb Wat Impt 1940-41.J&J b
.

to
to
to

%
3.60 %
3.50 %
3.10 %
2.75 %
3.30 %

to 3.40

to 2.90

%
%

to 3.25

%

to 2.90
to 1.60

to 3.30

to 2.00

Par

to 2.20

0.60

to 2.50

0.60

to 2.40

0.60

to 2.50

Par

to 2.50

0.50

to

2.25

0.50

to

1,25

0.50

to 3.40

0.50

to 2.10
to 2.70
to 3.30
to 2.25

to 2.75

0.70

to 2.25

0.70

to 3.50

96 M

0.75

106M
0.25.

to 2.50

F&A

0.70

to 2.50

lMs
M&S,
1.20s Jan 15 1941-1950 J&J
Rockland Co—

0.70

to 2.20

to 2.75

b 2.65

to 3.25

0.70

J&D

b 2.65

to 1.25
to 3.00

to 2.80

%
%

Highw Imp Mar 1962 M&S b 2.60

to 2.50

to 2.85

to 2.00

4s due Sept 1 1965

to 2.10

0.70

M&N
A&O

4s due Jan 1 1966

to 1.75

0.70
0.70
0.70
0.70

1.70s

1940-1947

to 2.25
to 2.60

Rensselaer County—

%

4s

to 2.80

M&S

4Mb Highway 1940-58.F&A
Rochester 5s 1941-1962--F&A
4Mb Pub Imp *40-'58_F&A
4Mb
1941-1959
__M&S

to 2.85

3 Ms 1944-1961
3s July 1 1940-1964

to 2.25
to 2.40

4 Ms ser E '42-'60
M&S
107 M
Putnam Co 4 Ms '41-'51.A&0 b 0.75 to 2.75
4s 1941-1954
F&A b 0.75 to 2.80

M&S

2.30

to 3.75
to 2.10

95

2Ms 1941-1957

2.30

90 M

Fourth series
Inland Terminal—
4Ms series D 1941..M&S

%

J&J b 2.60

88 M

102 M

3s

4s Canal Jan

to 3.50

100 M
96 M

2.30

to 2.25

91 M
90 H

91M
90 M
0.75

98 M
95

to 3.00

5s 1941-1943.

94

105 M
100 M

Sewerage 1950-55—M&N
2Ma 1910 to 1956
M&S

4Ms 1941-1944

108
105
105
106 M
106 %
106 M

Gen & ref 3 Ms
Aug 15 1977
Gen & ref 3s Dec 15 1976.._
Gen & ref 3s Dec 15 1976—

to

4s

2.30

112 H
108 M

Gen & ref 4s May 1, 1975..
Gen & ref 3Ms
May 1. 1976

82

to

M&N

Port Jervis 4Ms 1941-'69.J&J
Port of N Y
Authority—

to 2.85

1.00

0.50

1.40s 1941-1960

2.30

2.30

113M

to 3.10

to 3.30

to 2.85

2.30

%

113

92

Oyster Bay Water Distrect—?4s
1940-1950
J&J 6 0.75
Pelham (T) Un Fr Sch Dlst
No 1 4.60s 1944-1966.
2.30
Poughkeepsle 4Mb '40-52 J&D
0.70
4a School 1940-1959—M&S
0.70

to 3.00

b 2.60

to 3.70

to 3.40

Ossining 4 Ms 1940-1942.M&S
4Ms Water 1941-1969.A&0
Oswego 5Ms 1941-1946..M&N

to

1.35

Imp July 1961._J&J b 2.60
Highw Imp Mar 1961 M&S b 2.60
4s Palisade Park 1961
M&S b 2.60

111M
112M
112M

0.75

Onondaga Co, 4 Ms '40-47A&O

Lackawanna 4Mb *40-'54M&N
1.00
Long Beach 5 Ms 1953
75
68 1947 Beach
75
acquisition..
Mamaroneck (Town)
AMs 1910-1964.J&J b 1.10
Mamaroneck Un F S D No 1—
5Ms May 11941-1952.M&N
1.25
3.90s 1940-1964.
1.25
J&J
Middleport 4.35s '40-'42_J&D
1.50
Mineola (V) 4.40s 1940-68 J&J
1.00
Monroe Co4a 1941-1944.F&A
1.00
3.90s Co Bidg '41-'50_.F&A
1.00
.1 Ms Jan 15 1941-1942.J&J
1.00
Mount Vernon—
4Mb 1941-1943
A&O b 1.25
5Ms 1941
A&O
4Ms School 1962-73—M&N

1940 to 1946

110 M

M&N
1.25
2Ms Serial 1941-1946-F&A
1.25
2 Ms assessm't 1940-44. J&D
0.75
Niagara Falls—
5Ms 1941-1948.
M&N
0.70
4.15s Sewer 1965-70--M&N
2.70
0.70
4.10% Sewer 1941-1950. J&J
4Mb Wat May 1 '41-48M&N
0.70
3.95 Nov 1 1961-1970-M&N
2.40
3 Ms 1942-1945
M&N
0.75
2s Mar 1 1941-1949
0.60
Niagara Falls S D—
4Mb
1940-1960_
F&A 6 0.70
No Hempstead S D No 7—
4 Ms
1940-1942
J&D 6 0.75
2.40s 1941-1967
M&N b 0.75
North Tarrytown—
4 Ms Water 1940-64. _A&0
0.75
4 Ms 1947-1972
J&J
0.75
Oneida 4s Water '41-'45—J&J
0.70

to 2.30

.

0.50

%

113

110M
110M

3%60
&5

2 Ms 1941-1979

1.20

J&J

B

0.25

2.20

Ithaca 4 Ms 1941-54
J&J
Jamestown 4s Mar 20 '43 A&O

4s Canal

.

Plan

Plan I
2 Ms 1940-1979.2 Ms July 15 1969

2.80

0.50

Huntington (T) 4s '41-'52_ J&J
Islip 4s 1941-1951
M&S

4s

1967
J&J b
Highw Imp Mar '67—M&S b
Park 1967
M&S b
4s Bidg constr '40-'49
.M&S b
4s Apr 15 1941-1955
A&O
334s Mar 15 '41-'81—M&S 15,6

3s corp stock Feb 1 1979
Transit Unification Issue—

to 2.50

0.50

Essex Co 4s 1940-1956—.M&S
Free port—
4.20s 1940-1945
M&N b
4.20s sewer 1946-1960.M&N b
4Ms 1941-1951
M&N b
4.40s 1941-1950.
M&N b.
Garden City 4Ms 1940-52.J&J b
Greenburgh (T)—
4s 1940-1951—
J&J&
Greenburgh U S Sch Dist No 9
4.40a 1940-1965
J&D
Gro.ton 6s Wat '41-'50—M&N
Harrison (T)—
4Mb 1941-1980
F&A
Hempstead (T)4Ms'41-59 A&O
Hempstead 4Ms 1940-65 M&S
2.30s 1941-1967
J&J
Hempstead Un F S D No 1—
6s 1941-1954
M&S
Hornell 4Ms 1940-1947—F&A
Hudson Rlv Regulating Dlst—
4Mb 1940-1965.
J&J

w ©s tfifilcl

15 1940-1960—J&D
434s 1941-1966.
A&O
West New Yo£k—
434s Oct 1 1940-1968—A&O
5s School 1941-1961—M&N
West Orange—

A&O b 0.50
M&S b 3.00

4s 1945-1953
M&S
2.90 March 1. 1941-1947..
1.90s Feb 15 1941-50.-F&A

to 3.00

115M
116M
to 3.50

3% Corp stock 1980—

4Mb Water 1940-1945.A&O b 0.30
Erie County—
4MB 1941-1959
J&D
0.60

to 2.90

6 1.00

6s June

to 2.35

to 2.70

Elmira—

Vineland (Boro)—

M&S

J&J

1.60s 1940-64—
J&D
Cortland Co 4Ms '40-'51.J&J
Delaware Co 4.20s *41-'52A&0
Dutchess Co—
4s 1941-1946
M&S
4s 1947-1954
M&S
East Chester—
4Mb 1941-1958
F&A b

to 3.50
to 3.25

Union Township Sch Dlst—
434s 1910-1968
J&J 6 1.50
Ventnor City refunding 4-5 >4 »
94

1941-1959

Corning 5Ms 1960Cortland
(City)—

3.75

1.50

234 s gen fd & ref '41-68 F&A
1.50
234sl941-1954
M&N
1.50
Union City 434* 1940-'64.J&D
1.50
Union County—
434s Oct 15 1940-1952.—.. 6 0.50
4 34s
ltd&Bdge'41-'47.F&A 6 1.00
4s Oct 11942
A&O
2.80s Gen JLmpt B June 1

to 2.70

Sewer Authority—
4s 1941-1964

to 3.75

6s School 1941-1955

0.30

to 2.80

to 2.30

0.40
0.45

to 3.30

1.50

to 3.00

2.20s Jan 15 1941-1947-J&J
2.10s 1941-1949..
J&J
2s 1940-1959.
—J&J
2s 1941-60
F&A

1.00

4s Impt 1941-1955.--M&N
Tenafly 4 34 s 1911-1963—F&A

3.25

J&J
0.30
3.40s Nov 15 '40-'55—M&N
0.40
3.10s Oct 15 1940 46.A&0 6 0.40
2Ms Ref 1941-1950...J&D 6 0.75

3.40

112M
118M

104 M
M&N
4s serial 1940-1963
J&J b 0.75 to 3.65 %"
4s 1940-1954
J&J15 b 0.75 to 3.35
3 Ms Corp stock July 1 '75.
3 Ms Corp stock 1940-1954- 6 0.75 to 3.35
3 Ms g exempt 1941
M&N
3 Ms
1.50
exempt 1942
M&N
3 Ms R T 1948-1950—M&N b 3.00 to 3.10
%
3Msg exempt, 1952
3.20
M&N
3 Ms g exempt 1953
M&N
3.25
3 Ms g exempt 1954
103
101
M&N
3 Ms g Water ex 1954. M&N
101
103
3 Ms exempt 1955
M&N
3.40
3 Ms stock Apr 1,1954. A&O
101"
3 Ms Corp stock Mar 1,1960
99 M
101M
3 Ms Corp stock Jan 15,1976
98 M
100M
3 Ms reg Corporate stock
1950-53
—M&N > 3.10 to 3.25 %
3 Ms Corp stock
95
97
July 1, '753 Ms Aug 1 1940-1978-F&A
1.75 to 3.60
3 Ms serial 1941-1979—F&A
1.25 to 3.60
3s Rap Trans 1947-51.-F&A
2.80 to 3.10
3s corp stock Jan 1 1977 J&J
92
94
3s Serial 1940-1968
J&J
0.75 to 3.35
3sserial 1941-1969
M&N
1.25 to 3.55
3s serial 1940-1973
J&D
0.75 to 3.55

2.25

5s 1941-1950

to 1.75

104 M
104 M

May 1959

110 M

.

4Ms 1940-1967—

0.50

103
103

to

to 3.50

%
to 3.40 %

M&N

to 2.10

b 0.50

1.75 %

114M

0.50

to 1.70

100

1957

114 %

112M
110M
110M
116M
113 M
114M

M&N

4s Nov 1955

to 2.20

to

to 2.50

112 M

0.60

0.30

to 3.50

J&D

0.40

J&D
M&N
M&S

0.40

5Ms 1944

to 3.10

4s

Buffalo—

75

1957

Net

to 3.35

M&N
Various 1956
M&N
4s Various May 1957.M&N
4s Nov 1958
M&N

to 3.25

to




to 2.30

1.00

F&A

/ Flat price.

0.50
0.40

Binghamton—
4Ms Oct 1 1941-1971—var.
2s Mar 1 1941-1956

0.50

b Brsis.

0.40

to 3.25

0.50

4s

2.60

0.50

to 2.50

434s imp & sch '40-'60-J&D
Sussex Co 434 s'40-'44
M&S

1962

2.85

1.00

Summit—

1961

to 1.50

0.50

to

Jan

1.00

to 2.10

to 3.40

Imp

to 1.45

to 3.10

to 3.50 %

4s Canal

to 1.00

1.10

0.30

1.50

Highway 1963
Canal 1964
Canal 1965
Highway 1965

to 1.50

0.25

to 3.50

0.50

1941-1945
6s Jan & Mar 1946-1970

0.25

Unemploym't Relief—

to 2.30

0.50

434s
434s
434s
434s
434s
434s

to 2.10

0.40

J&D
J&D

NEW

0.25

4s 1940-1972
M&N
Auburn 1.60s 1940-1958.F&A

J&J
M&S

Highway 1941

to 1.60

1.00

M&N b 1.00
M&N b 1.00
M&N b 0.60

_M&N

b

Ask

M&S

1963
May,
Nov

Bid

Dec 1, 1979...—J&D
Corp stock 1967.-J&J
Corp stk 1971-J&D 15
b 0.75
July 1,1940 to 1955
Jan 1, 1977
J&J 111
108 M
1960
M&S
Mar 1, 1962
M&S 108 M
Mar 1, 1964
M&S 108 M
4 Ms April 1,1966
109 M
A&O
4Ms Apr 15,1972...A&015
110 M
4Mb Rap Tr & Wat '74 J&D
110M
4Ms Feb 15, '41-'66.F&A15 b 1.25
111
4Mb Feb 15,1976—F&A15
4Ms Nov 15,1978-M&N15
111M
4 Ms Mar 1, 1981
111 M
M&S
4s Oct 1,1980
_A&O
106M
4s May, 1977
106
_M&N

to 2.20

4sl940 to 1944
1941-1962

6s

6 0.25

0.40

434s 1940-1969
434s 1910-1968

NEW

to 2.35

0.50

6s

Gen ref 334s 1941-9959

to 2.15

J&D

Orange—

534s 1941-1950
Weehawken—

0.30
6 0.25

6 1.00

1950-1965

4Ms
4 Ms
4Mb
4Ms
4M8
4Ms
4Ms
4Ms
4Mb
4Ms
4Mb

Albany Port District—

-A&O 6 1.50

1941

to 2.50
to 2.30

to 2.75

96
6 0.50

Terminal—

434s School

126

0.25

July 6 1940-1962..J&J
Sept 10'40-46.M&S 10

3M 1941-1971
2MB 1940-1953
2 Ms 1941-1978
2% 1940-1955.
1.70s 1941-1979

98

to

b 3.00

126
126

M&S 6 0.30

4s Munic & Sch '41-'63_ J&J
6 3.00

126

123

Sept 25 '40-'43
M&S
Sept 25 '44-'45-.M&S
1 Ms Sept 10 1944-1946.
Albany County—
4 Ms 1960
M&S
3 Ms Fund 1941
M&N
2 Ms refunding 1941-'57.J&J
Albany (City or)—
4M 1940-1969.
M&N
4M 1941-1970—
J&D

275

434s 1940-1946
J&J
4Ms 1940-1968
J&D
Pater son—
534s 1940-1959—
M&N
434s Feb 1 1945
F&A
434s 1940-1967
A&O
Perth Amboy—
4358 April 1944—
4Mb Water 1941-64—M&S2
5s Feb 1941-1977
F&A
4 34srefdg 1944 & *46—F&A
Plalnfield 4s School 1959 M&N
434s 1940-1962 Various.J&J
Rahway—
434s 1940-1953
J&D
Red Bank (Borough)—
4348 1940-1953
M&N
Ridge wood 434s 1941-62.M&N
434s 1941-1968
M&N
Sea Isle City 5s 1942
F&A
Somerset County—
434s 1910-1949
J&D
434s 1910-1952
J&J
South Jersey Port District—

New Rochelle—
5s 1941-1950
4Mb 1941-1965
4 Ms 1941-1963
2Ms 1940-1947
New York City—
4Mb June 1965

to 2.55
to 1.70

To

or

Bonds

Net

General State Improvement—

3.75 %

534s Genera) improvement

434 s 1940-1973

Ask

123

1940-1969

M&N 15
lMs 1941-1979A&O
Eliminat'n of Grade Crossings
2Ms Dec 8 1940-1987..J&D
Unemployment Relief—
2Ms July 6 1940-1947-J&J
2 Ms

%
3.50 %

Passaic—

South

Bid

N Y STATE (Concluded)

F&A

4 Ms Sch & wat '40-'69-J&D
4 Ms 1940-1967
J&D

Marine

Yield Basis
To

or

Bonds

Net

4s

Imp Sch &c '41-'47_J&J
..M&S
1941-1948
1941-1950

to 2.50

to 2.90
to 2.20

0.70

to 2.50

M&S b 0.75

to 2 .20

4.158 1940-1952
J&D 6 0.75
Rom« 4.10s 1940-1950—M&N b 0.75
1.80s 1940-1945
M&N b 0.75

to 2.20

4 Ms

1940-1945.
Rockville Centre (V)—

to 2.75
to 2.50

Rye & Har'son Un Fr S D No 6
4.40s 1940-1953

F&A 6 0.75

to 3.00

Saratoga County—
4Mb 1940-1955
M&S 1} 0.50
4b Sept 1 1945-1954.—M&S b 1.75

to 3.00
to 3.00

and municipal bonds
the month preceding the date of Issue

state

98

all securities are as near as possible for the closing day of

Quotations for

Ask

Bid

4mb 1940-45.-J&d
Schenectady—
4.30s
1940-1948
J&D
4.15s 1941-1960
A&O

b 0*50

1940-1944.-A&O
2MB 1940-1955
-A&O

J 0.50
6 0.40

Bcarsdale

_

„

4a Oct

15

Kn

nn

J £^0

b 0.50

1940-1950

M&S b 0.40

1.80s_1940:1950

M&S b 0.40

2.20s

IMs 1941-1955-"."F&A
b 0^40
1.10s 1941-1949
M&S
Schenectady County—
1.00
4Mb 1942-1958
J&J 0.50
5s Dec 15 1940-1948------_

Southampton—
5s 1941-1971

—M&N

Suffolk County—

5 Ms

M&S

1941-1957

Water

5s

1940-1950—J&J

5 Ms Water 1940-1950—J&J
Union Free Sch Dist—

M&N

2.80s 1940-1958

_

3s

revenue

to 2.20
to 2.00

to 3.40
to 3.75
to 1.75

95

102 M

—

b 0.75
b 1.00

b 0.75

to 3.40

b 2.60

to 3.20

b 3.00

to

b 0.50

Grand

2.25 %

4Mb Jan 1957
J&J
Fargo 4s Aug 15 1940-1954—. b 3.25

to
to

0.50

to 2.10

*41^51-M&N b 0.60
2.75s 1940-66 A&O b 0.5Q
n "n

3.00 %

OHIO

to

3.00 _%

to

2.50

0.50

to

2.00

0.75

to 2.75

..

'3.00

0.75

to

0.50

to 2.25

0.50

to

0.50

5Ms highway 1941-'53.F&A

to

3.00

J&J
J&J
J&J

to

3.50 %
4.00'%

3.25

to

3.50l%

0.75

to
to
to

to

J&D b 1.00
J&D b 2.75
-J&D b 0.75

to

J&J b 0.75

to

4Mb 1941-1959 (reg)..M&8 6 1.00
1941-1954
F&A ' 1.00

to

2.00

to

to
to

White Plains—

3.90s

2Mb Sept 1 1943-49

to

2.00!%
3.25 %
3.10 %
3.15 %
2.75'%
3.40 %
3.10 %

2.75^0
3.50 %
3.40 %
3.00 %

Wolcott—

4Mb July 15 1940-1942.J&J b 1.00

to

1.50

Yonkers—
1.00

to

1.50
6Ms Jan 1941-1961..-A&0
1.00
5s 1940-1961
A&O
1.50
4Mb July 1 1941-1962.A&O
1.50
4Mb Mar 1 1941-1956-A&O
1.50
4s 1941-1958
F&A
3.00
3 Ms 1943-61
J&D
1.50
3.3f
3.30s April 1 1941-1956
1.25
3Ms 1941-1955
M&S
1.00
3.10s Oct 1 1940-1964.
1.00
3s 1941-1960
M&S
1.00
2.80s 1941-1959
_M&N
2Mb gen & ref July 1 '43 *46 b 2.50
2Mb 1940-1954
..A&O b 1.00

to

6s Feb 1 1941-1952----A&0

-

-

.

NORTH

to

to

3.00
4.00
4.00
4.00

to 4.00
to

4.00

to

to

4.00
3.60
3.50
4.00
3.75
3.75
2.75

to

3.25

to

to
to
to
to

J&J
-J&J

2s 1948-1949

I Ms 1942-1943

1Mb 1943-1946

to 2.90

0.75

to

0.75

to 2.90

0.75

to 1.75

1.75

to 1.90

0.75

to 1.90

J&J
..J&J
J&J

2Mb 1946-47-48
2Mb 1940-1948

0.75

A&O
A&O
J&J

4s1941-1968
3 Ms 1941-45

3.00

A&O
A&O

4MB 1941-1962
4Mb 1941-1968

1.80

to 1.90

1.00

to 1.20

1.15

to 2.90

2.90

to 99

Ashevllle—

36 M

l-4s gen ref July 1 1976
Buncombe County—
l-4s gen ref July 1

50

5Mb 1941-1951...
j&j
5s Water 1940-1953..-A&O
4Ms 1940-1947...
A&O
4Ms 1940-1952
A&O
4Mb 1940-1956
..A&O

to 3.60

.00

to 3.40

50

%
%

37

38 M

38M

Charlotte—

50

to 3.50

50

to

%

3.50

1°50
to 3.25

1941-1950.A&O
Ashland 5Ms 1940-1944.A&O

to 1.60

A&O
4Mb Dec 5 1940-1942.-J&d 6.0.
4.40s 1956

%
%

5Ms Imp Feb '46-'51..F&A b 1

July 11965
4Mb July 1943
4 Ms Sewer 1955

to 1.30

J&j
A&O

to 2.25
to

%

2.35 %

to 2.20
to
to
to

%
2.50 %
3.15 %
2.50 %
2.00

%

1

to 3.10

%

to 2.90

%

1

to 2.90
to 2.75

to 2.90
to 2.50
to 2.80

to 2.65

to 3.00

1.25

J&J

b 1.00
„
x.^

to 3.20

5s Water 1941 to 1945.J&J b 1.25

to 2.25

%
%

%
%

%
%

to 2.80

%

M&S

to 2.80

%

F&A
F&A
F&A

s-a

to 2.20

%
%

to 2.25
to 2.20

J&d 19 6 1.25

to 2.20

Durham County—
to 2.75

to 3.00

Greensboro—
1

5b Water 1942

F&A b 2.25

less

4Mb 1941-1963
4Mb_ 1941-1965

J&J b 1.75
F&A b 1.75

to 3.70
to 3.70

to 1.00

0.60

40

38

0.65

to 1.50
to 2.90

!to 2.90
to 1.90

to 2.50

1.40

1.25

0.65

to 3.25

0.60

to 2.65

0.60

to 3.00

0.60

to 2.25

0.60

to 2.00

to 1.75
to 1.00

to 1.00

1M% Ta* antlcipa'n notes—
Series "ET" May 311941July 1 1951 Series O—J&J
4Mb 1940. 1944, 1949
J&J
48 Highway Apr.l 1941. 1942,
1945,

1947.

1950,

6 0.50

1952

to 2.00

A&O
J&J
F&A

1.20

to 3.00

b 2.00

to 2.90

b

to

2mb Dec 1 1940-1965-J&D b 1.00
2M Apr 1 1941-1967.-A&O b 1.00
2Mb 1910-1968
J&D b 1.00
2Mb 1941-1961
F&A b 1.00
b 1.00
2Mb May 1 1941-1970

to

1941-1958

—

1.80

96

95

M&S b 1.25

4s

M
M

less
to

3 mb Turnpike Revenue—
1947-1968
F&A

Allegheny County—
4Mb 1941-1902
4mb July 1940-1958
4s Bridge 1942

less

b 2.00
b 0.60

6 0.80

5s

to
to

1

1.65
2.80 %
Par

%

Par

98

to 97
to 97

%

1

Allen town—

4Mb Sewer 1940-1959-J&D b 1.00

to

2.80 %

Altoona—
4Ms Water 1911-1960-M&S b 2.00
Bethlehem School Dist—
b 1.00
4s 1940-1945-1950

Braddock 4mb 1941
M&N
Cambria Co 4Ms Nov 1 '40-'45
Del River Jt Oomm Bridge

Easton-Phllllpsburg 4mb.
1901
F&A

&T.70

to 3.50
to

to

%

2.30
2.80

°50

Phlla-Oamden—

%

1

104

110
4mb Sept 1 1967 opt *43Easton (Water Works)—
b 1.00
2Mb 1941-1960
M&S
4Mb 1940-1900
F&A b 1.00
Erie S

112
to

2.75 %

to 2.90

%

D—■
b 1.25

4mb Jan 1 1941-1940
1.50
1.60

1945

Cleveland—
4mb gen imp 1940-43—A&O

1940-1952—.M&S

Fayette County—
4Mb Highway 1952

to

2.50 %
3.25

J&D

to 2.70

1

Harrlsburg—
b 0.80
4s May 15 1941-1953
Jeanette 4M» 194O-1950-M&S b 1.00

1.00

to 2.50

Lackawanna Co 4s

6 0.75

to 2.50 %

Lancaster Conty—

to 1.25

Lancaster S D 4s May 1945
Lower Merlon Twp 4s 1945

4mb
to 2.50

%

I

to 2.50
to 3.00

1944-F&A

1941-1960

b 1.00

to

3.80
75

..

_

1.75
to 2.00
to

2.75

to 3.25

1

_

issued prior to that date are tax-exempt,

b Basis,

z°
2?75

_

-F&A

McKeesport Sch Dist—
2.00
5s W W 1940-1946
J&j
4Mb 1941-1943M&N b 1.25
Hamilton County—
1.25 Mercer Co 5Ms '40-'47.-F&A b 1.50
4Mb 1943
F&A
Norristown 8 D 4M° 1943 J&I
6 0.75 to 2.00 %
4Mb Sewer Oct 1 1940-'47 —
Northampton Bor Munic Auth
Lakewood—
2Mb Wat rev 1941-70..M&S 6.1,00
2.00
4Mf Oct 1945
A&O
,00 to 1.50
Philadelphia—
5s Park & Imp '40-'41.A&0
113
5s Jan 1951
-J&J
00 to 2.25
Lima 5M* Sewer 1940-1947.. 5
115M
5s June 1 1902 opt '52.J&D
00 to 2.50
5s Sewer Feb 1 1941-*51 F&A'6
113M
5i June 1 1982 opt '52.J&D
775
Lucas (Jo 4s C H 1944—M&S|_
1.00
4Mb May 1948
J&J 107 M
4Mb 1940
J&D 2
.
4Mb Nov 1 1948
J&J 108
Mahoning Val Ban Dist—
I
to 2.50 %
4Mb water 1940-1952,,A&O 6 0.75

since Jan. 1, 1913, are taxable, ail bonds

80

79

1965—J&J

%

to 2.00

to

Durham—

to 2.00

_

M&S
Mar 10 1941-1946.M&S10

Elyria 4 Ms

1

PENNSYLVANIA

%

East

to 2.90

%
%

to 2.50

M&S
M&S

Dayton School Dist—
5 Ms 1941
5s

%

to 2.60

1944..J&d
F&A
4Mb Bdge 1940-1951—M&S
4MB 1941-1901
...M&S

to 3.00




2.60

to 1.75

Ref imp

Refunding 3 Mb

to 3.40

Dayton—
5Ms W W Imp

to 3.15

Ohio municipal bonds issued

2.50
to 3.70

jto

2.25

0,
0.
0.
0.
0

Cuyahoga County—
4MB 1940-1944
A&O
4Mb 1940-1943
A&O
4 Ms Road 1940-1941 —A&O
4s 1940-1941
A&O

to 3.25

*

2.75

2.50

1

A&O

1940-1963

4Mb 1941-1953
4Mb 1940-1955
2Mb 1941-1959
Columbus 8 D—
5s 1943-1952

1.25

1

3.00

1940-1947. J&D
2mb Ref imp '41-'45.,M&N

to 2.40

j&D

2Mb 1940-19512Mb 1940-1951

b 3.00

1

%
2.75 %

—

b
b
b
b
5

Cleveland Heights S D—■
6s 1940-1959
A&O b 0.50
Columbus—

b 1.25

less

to 2.25

...

1
4Mb Grad Cros'40-'54-A&0
1
4Ms Fire Dep '41-"55--A&0
1
4Mb 1940-1950
M&S
1
48 Sewage 1940-1958.-M&S
1
3 MB 1940 1949
A&O
1
3 Ms 1940-1950
A&O
3 Ms 1944-1953
M&S b 2,

F&A

less

%

0.50

J&J

3s

j&D

5 Ms 1940-1970
5b W W 1940-1968

F&A
M&N

1954.-J&J b 3.40

3

to 2.50

6 0.75

1941-1945

%

Cleveland—

1960-1977
2Mb 1941-66

ReTg3Mb 1857-1962— J&J b 3.40

0 60

0.50

4mb Dock 1943
M&N
4Mb 1941-1960
M&N
4mb Ref Water '40-'53_J&J
4s Water 1940-1958
J&J

1.25

M&S b 0.

3Mb Sept 1 1940-1962
2Mb Sept 1 1940 to 1956..
2Mb Sept 1 1940 to 1976..
2s Sept 1 1940-1963...M&S
1 Ms Wat. wks. '40-*79 M&S
Cine Southern Ry—
Refund'g 1M8 July 15 '59

to 3.20

4s Water Works

to 2.25

0.85

July 15 1940-1945. J&J15

2.70

....J&j

4s 1940-1956.*.

3s

1

Port of Astoria—

5s

to 2.50

4Mb 1940-1951
J&D b 1.00
Forsyth Co 4Mb *40-'58.J&D b 1.00

2.50

t6 3.00 %

Portland—

%

Cincinnati—

1.25

4Mb 1940-1966

to

0.60
'41-'49.F&A
_F&A6 0.60

2.70

to 3.15

5s 1954

1.25
b

to 2.35

4s Bridge 1945-1955—J&D b 1.75
Multnomah Co 8 D No. 1 —
b 0.75
4s

2.70

A&O b 2

M&N
M&N

to 2.25

0.50

5s Harb Dev 1940-50-M&N

M&S

M&N

3s

0.50

6 0.60
4Mb Bridge 1940-1944.J&D
4 Ms 1949-1956
F&A b 2.25

Canton—

1940-1948
4M* 1941-1970
4Mb 1941-1979
3 Mb 1941-1959

5 Ms

1.75

.

F&A

Ref 1-5% 1967
Multnomah Co—

to 3.40

Allen Co 5 Ms

5s WW Imp

1976

to

1.50! Astoria—

A&O

6s 1940

6s 1941-1957..

CAROLINA

6s July 1961

{See footnote *)

Canton School Dist—
to

1.00

4Mb Co Bldg 1941-44—a&o
1.90
4>48 44. ;4o. 56 & 6« J&D b
4s Co Bldg 1941-59—M&S b 1.00
4s June 1 1959-1964---J&D b 3.00

to 1.75

0.65
4Ms H'way *41-'49 (s-a).A&O
48 Highway 1940-1942—A&O 6 0.75
4s Highway 1911.
A&O 6 0.75

6s Water 1944-1959

0.75

J&D
'41-'82-—J&J
4Mb Parkway 1962-86- J&D
1940-1976
Sew

1940-1951

Akron

3 mb May 15

5s Sewer 1953

4 Ms San

3Ms 1940-1951
3Ms 1952-1980
3Ms 1940-1963

2.00
1.50

99

4 Ms Bridge Rev *67-M&S
Westchester County—

to 2.50

6 0.75

2.25

b 3.25

4s Water Works 1942.A&0

Water town—

4Mb 1940-1953
5sl940-1945
1.50s 1940-1946
Thousand Islands—

6 2.00
6 1.00

b

0.50

1967-1969-A&0
J&D
1941-1950
A&O
Co 4Msl941-'50.F&A

1.25

OREGON

Forks—

Sewage Dis 1941-65-M&N

to 2.75

2.25

to 2.20

Rev 2.60s

5 Ms July 1946
5 Mb Wat & Pk
5s 1941-1947

3.00 %

1.90

4s

to

6 0.75

Tulsa—

3.00 %

2.25

to

to 2.75

6 1.00

4M8 Water Works 1941 J&J
S D 4mb 1941-1953
J&J
Oklahoma County
Highway 4 Ms 1940-'46 A&O
Okmulgee 5s Mar 15 1943

3.15

DAKOTA

to

0.50

6 0,50

°75

Muskogee—
6 0.75
4Mb Aviation 1941-53..J&J
Oklahoma City—
0.50
5s Water 1941-1947..-M&S

to 2.25

b 3.50

0.50

to 3.00

2.35

2Mb June 30, 1940-1948..

to 2.50

3.10

0.50

6 0.50

2s June 30, 1949-1954

3.25

3%00

2.50
2.75 %
to 2.75 %
to 2.75

to

due June 30 1940 to 1946

to 3.30

to

to 1.75

OKLAHOMA

97 h

1.75
2.20

F&A 6 0.50
M&S

4mb 1940-1959
A&O
4mb 1940-1950
A&O
Youngstown—
6s Bdge 1940-1941
A&O
4mb 1940-1957
A&O
Youngstown School Dist—
4Mb 1944-1947—
M&S
5s 1940-1944.
M&S
Zanesville S D 5s '40-'43.A&0

to 3.40

to

1
0.50

A&O

Funding 1M % to 2 M %

1

b 1.00

0.75

to 2.70

Toledo School Dist—

47
less

b 1.25

0.75

1.40s 1940-1969-.

2s

%
3.90 %

100

5s Farm L'n 1941-45&'50 J&J b 3.25
5 Mb 1945 & 1948 ser O
J&J b 3.50
4Mb July 1951 & 1955...J&J b 3.50

3Mb May 15

5s

to

%
3.35 %

%

NORTH

to 2.50

•

6

1

45

to 3.00

A&O
J&D
J&J

4Mb Pub Imp'40-'45-J&J15
4.20s 1941-1949
F&A
4.15s 1941-1950
M&N
4.10s 1941-1946A&O
3.90s 1941-1948
F&A

1.10s
Warren

m&s

4Mb 1941-1958
m&n 15
4mb 1940-1973
j&j
4s refunding 1948-56.—j&j
3s refunding 1956-68
j&j

to 90

Utlca—

Revenue

less

to

Sept 1940-1947

6 0.50
M&S 6 0.50

0.50
4mb 1910-1954
.M&S15
6 0.50
4mb 1941-1953
M&S
6 0.50
4mb Nov 1 1940-1953
4s Park July 1 1942
J&J

1

b 3.50

5s

to 2.90

H

less

Winston-Salem—

3.50
to 3.70
to

%

M&S

5s Sewer 1949

3.25 %

to 3.50

b 3.30

/o

to 2.60

6s Pub Wharf 1960—M&S
to

b 2.00

j&j

to 1.50

6 1.25

5s W W 1940-1944

—

%

1,972

to 2.25

to 1.00

J&J

1940

4M

%

0.75

.*

1

to 3.75

100M
101M

to 1.25

Toledo—
less

m&n b 3.40
a&o b 3.10

Wilmington—
5s Ref & Impt 1955...a&o
4mb 1940-1962
a&o
4 Ms Pub Imp 1941-60.j&j

3.00 %

1980--F&A

-

%

to 3.40

f&a
f&a

to 3.00 %

Summit Co—

to 3.90

Salisbury 6s 1941
m&n
Transylvania County—
Refunding 1m% 1940-1942
2% 1943-47, 2m % *48-'52
3% 1953-57 and 4% 1958-

to

1953-75---F&A

3Ms s f revenue
Troy—
4Ms 1941-1950
4MB 1940-1970
4MB 1940-1965

—

m&n b 3.00

1946-1950

to 2.75

b 0.75

99

j&j b 3.90

Rutherford Co 5s '40-*52..j&j

2.25

3.80

2.25

m&s b 2.60

to 2.75

3.25

to

.

m&n b 2.70

to 3.00

to 1.75

1.00

Trlborough Bridge—
2Ms revenue 1945-52.F&A

-

%

Impt June 1 1944.-j&d b 2.75
4mb 1940-1967
a&o b 1.00

to 2.00

_

1

to 3.40

3Ms 1951-1956
3s 1955-1970
Randolph County—
4mB 1941-1947
4mB 1948-1959

1.90

less

to 3.90

5s

to 2 50

2.10% Aug 15 1946-1947 -0.50
IMa 1940-1948
F&A 0.50
1M® 1941-1946
M&S own"
Thousand Isl'dse See " Watert
Tlconderoga S D No 5—
b 0.75
4Mb July 1910-1958
J&J
Tonawanda <City of)—
1.00
3Ms sewage 1941-69-—J&J
1.00
4Ms 1941-1942.-----J&J
1.00
4M» Sewer 1940-1953--J&J
1.00

b 2.60

Net

A&O 6 0.50

4Mb 1941-1950
Springfield—
4mb 1941-1949
4s 1941-1955

Raleigh—

to 3.00

0.50

M&S

97

m&n b 98 to

'42.f&a

a&o b 2.25

4s

to

to

Martin's Fy 5s 1940-'44.M&S 6 0.75
Miami Conservancy Dist—
5 Ms (1 to 5 yr mat'y)—J&D 6 0.50
5Ms (5 to 10 yr mat'y)_J&D 6 1.25

Newark4Ms 1941
Portsmouth City S D—

3.30 %

To
Ask

Montgomery County—
5s Flood Emerg '40-'42 J&D 6 1.00

3.60 %
3.75 %

5s Fund June 1959

to 2.60

to

to

to

Mecklenburg co—
6s Ref nov 1950
Pitt County—
4mb 1943-1947

to 2.60

0.50

to

Lincoln co—

to 2.25

0.50

2.50
2.50

5s Bridge 1941-1951...f&a b 1.50

to 2.50

0.75

...

%
3.90 %
4.50 %

to

4mb 1941-1950.

to 2.75

0.75

1

to 3.75

1.50

1970-1975

Iredell Co 5s Aug 1
to 3.00

0.50

M&S

2s 1941-1956

3 ms

to 2.25

to 3.00

4 Ms 1941-1944----M&N
b 0.50
4.20s Dec 15 '40-'71 J&D15
b 0.50
4s 1940-1946
-f&A b 0.50
3 Ms 1940-1951
J&Jjf 0.50
3s 1940-1971--.- —-J&J15
0.50

2.20%

to 2.25

less

1.00

Bid

Bonds

Net

Ask

__m&n b 3.30
m&n b 3.55

4s 1942-1957
3 ms 1958-1969

to 2.40

0.50

„

1940-1960

to 2.50

0.50

'41-'45-A&0

Syracuse—

to 2.75

to 3.75

1940-1962 J&D

Sullivan Co 4Mb

to 1.75

b 0.75

4Mb 1940-1957
A&o
3 Ms 1940-1951—---F&A
234s High & ref 1941-57 M&S
2.20s June 1

to 3.00

to 3.50

_

..

Greenville 5s w w '58—f&a
Guilford County—
4MB 1940-1957
m&n b
High Point 4ms 1941-48.j&j b
58 Wat. Serv 1940-1968 j&d b
Refunding bonds—
4mb 1942-1951
m&n b

to 2.25

1.00

4Ms'40-'53.M&N

Somers (T)

to 2.25

Bid

Bonds

Net

or

To

or

To

or

Bonds

Yield Basis

Yield Basis

Yield Basis

f Flat price.

110M

8

°A5
I
%

Quotations for all

possible for the closing day of the month preceding the date of issue

securities are as near as

106M
107M
102M

J&J
J&J
J&J

104 M
106 M
109 %

106 M
110M

112 M

1972
J&J 102 M
"I04M
1986 opt 1956—
101
1941-45
J&J 6100M tol02M
2Mb Jan 1 1946-1960.-J&J b 98 M to 96
Philadelphia School Dist—
4 Ms 1940-1943
J&J b 1.10 to 2.60
4Ms 1941-1959
M&N b 2.10 to 3.10
4Mb Apr 15 1941-58.A&015 b 2.10 to 3.15
4a 194(5-1942
J&J b 1.10 to 2.35
4s 1940-1956
J&D b 1.10 to 2.85 %
Operating Revenue—
1 Ms Apr & Oct 1940-1941
100
4a July 26

3 Ms July 1
3 Ms Jan 1

Pittsburgh—
4Mb 1940-1950
J&D
2Mb Sch Dist 1940-62.A&O
2 Ms July 1 1940-1956-J&J
2Mb Feb 1 1941-1958-F&A
Public Works Relief—
-.

^

b
b
b
b

0.75
0.75
0.75
1.25

Corson

1950-59--F&A

Ref 4Mb Sept

b

1.75
1.75

b

1.50

to 3.00

b 2.70

to 3.00

88
98

—

J&D

5Mb Dec 1 1940—

b 0.50

2.60
2.60

1956.

to 3.25

Scranton 4 Ms

J&J b 1,50

1940-1941-F&A b 1.25
F&A b 1.50

5s 1940-1950

%

to 1.75

%

to 3.00

%

Scranton School District—•
4

-J&J b 1.50

Ms 1941-1956

3% opt rev 1941-48.-M&N
Wllkea-Earre—

b 2.75

to 3.25 %
to 3.00

%

1941-1945—J&J b 1.50
1940-1943- —-F&A b 0.90

4M» Impt

to 2.30
to 1.45

2.25
2.10

2.00

2.20

1.80

2.30

1.90

2.50

2.20

3.00

2.75

0.75

J&D

to 3.00

1.00

to 3.15

2.40

2.00

2.10

1.75

4Mb Apr 10 '4k56-a&o10
Houston—
4Mb Sept 1940-1952—m&n
4mb 1941-1957
j&j
4Mb Impt 1940-55(b-a)-j&j
4Mb 1942-1947
2ms 1941-1955
j&j
1Mb 1941-1955--j&j
Houston s d 5s Feb 1952
4Mb 1940-1951-.j&d
Palestine 5s Sch Aug 1 1944,
1949,1954, 1959, 1964

2.50

2.75
90

96

92

98

1.25

to 3.50

3.50

3.30

4.20

4.00

4.20

4.00

4.30

4.10

2.73

2.50

5t> 1941-1970

1.00

2Mb 1941-1968
J&J
2Mb July 1 1969..
J&J
4Mb School 1956——A&O
4Mb Memorial Aud '52M&N
os
Hospital 1954
—M&S

%
%

1942-1943-—M&8
:% Jul
1M% June 1 1940-1943.-J&D
3% Public Wks 1951-56-M&S
4s Charit Inst 1965
M&S
4s June 1 1977
J&D
1% Relief

b 0.75

4Mb Highway 1947
J&J
5% Co Memorial '40-'50J&J
Dyer Co ref 3 M-4 Ms 1965- - -

'

b 0.
".50

to 1.00

.75

to 2.00

b 2 .60
b 2 .75

2.6$

-

„

b 1

Fayette County—
4Mb Road 1958

2.40

to 2.75

5Ms w w

1942-1971--- - b 1 .50
...-J&J b 1 .35
4Kb Mar 15 '41-73-M&S15 b 1 .50

to 3.00

4Mb.

1941-1966

to 2.90

Hamilton

A&O b 1 ,50

to 1.60

b 1

,00

to 2.75

1941-1942..M&N b 1

,00

to 1.25

4a May 15 1948
M&N b 2 35
3H>g High sch 1954 J&D b 2 50
2Ms Waterwks '41-71 M&S b 0 50

2.10

4s

1941-1942

5s

4

to 3.00

-J&J & 3
J&D b 3
M&N b 3

4Mb 1950
4Mb Sewer 1952

'

1945.......—J&J
4 (Oct 1 1954
A&O
4s May 2 1957
M&N2
4s Water 1962
-J&D
4s Oct 1 1964-.
A&O
4s 1940-1950-.-J&D
3s 1944-1951
J&D
2 Ms 1951-1959
F&A
2 M8 1941-1957
F&A
2s May I 1941-1958—

25

3.00

to 2.90

50

1.25
2.70

2, 80

2.85

2 95
b 3

10

2.90

b 3

10

2.90

b 1

00

to 2.60

b

25

4Mb

b 1 00

to 2.85

to 3.00

4s

Refunding
Refunding
Refunding
Refunding

1941-1959.-A&O b 2.00
-A&O b 2.75

to

1.75
3.35

to

3.40
2.50

b 1.00

to 2.85

J&D

b 1.00

to 2.75

J&D

b 1.00

to 2.50

J&J b 1.00

to 2.60

b 2.00
b 1.00

to

b 0.60

to 1.60

b 1.00

to 2.30

Co—
4Mb Highway 1941-43.F&A b 1.00
Charlecton 4Mb Jan 1942-J&J
3 Mb Wat Works '41-'78A&0 5 Too"
Columbia 5s Ref 1941--M&S
J&J b'2.2'5
4Mb Water 1945
Greenville 5s St 1942
J&J b 2.25
3 M» water ref 1941-70 M&N b 1.00

2.70

to 2.40

%
%
%
%
%
%
%

to 2.20

%

1.50 ('o
to 3.25

%
1.00

2" 00 %
2.10 %
to 3.10

%

to .275

to

%
2.20 %

3.50 %

M&N

1940-1958...J&D 51.00
2Mb sewer 1949-1958.J&D 5 2.20
3b

sewer

104

105

108

109

3.25

3.80

3.60

1.75

to 3.50

3.25

1.00

to 3.00

1941-1946.F&A

J&J

3.20

to 3.00

%
to 3.00 %
to

Spartanburg County—
4Mb 1941-1947
Sumter

3.00

J&J

4Mb 1941-1950

to 3.20

%

2.25 %
to

2.60 %

to 2.80 %

M&S

b Baals.

to 2.25
to 2.00

to 2.10

%
%

b 0.75

to 3.75 %
to 3
to

85 %

3.25

to 3.25

t

1.25
to 3.25

to 3.25
to 2

I

70 %

1.50 %
to

3.40 %

to 3 30

M

M
M
M

I Optional

19 and

1.00
0.70

to 2.10

0.70

to Jan.

92

to 2.10

0.70

1.00

0.70

1.00

to 1.90

2.20

to 2.80

2.00
to 2.30

1.20

0.90

to 1.75

VERMONT

1.00

1.00

to 3.00

to 2.00

4s Refunding 1942-1951 J&J b 0.75
Burlington—
4Mb City Hall 1940-55-J&D b 1.00
Rutland (School Debt)—
4s 1941-1948
F&A b 1.00

to 1.85

%
%

to 1.75

%

Brattleboro—

to

2.50

1.25

to 2.60

J&D

2.50

to

b 3.70

3.50

1.00

to 1.25

J&D

1942-1949
1950-1969

1.00

to 3.00

to 3.40

1.00

to 3.40

1.00

to

1.25

to 2.80

94

3.00

4s Courthouse 1957
A&O
5s Aud Mkt H'se 1949-M&8

3.20
3.00

3.00
2.75

4M% Jail 1941-1951--M&S

1.00

to 2.80

less

%
1

less

1
1
1

less

1

less

1

2.20

less

1

2.30

less

1

2.00

less

,

1

J&D

2.70

less

1

4a Pub Impt 1941-1959-J&J

b 2.20

less

1

F&A b 2.60

less

1

1941-1950—J&J

4 Ms June 1 1957

Lynchburg—
3.75

b 1.00

to

b 1.50

to 4.00

b 4.00

3.75

b 4.00

3.75

„

Newport News—
4Mb 1941-1958
Norfolk—

4Mb 1940-1972
5% Water May 1952
5% Port Terminal May *52_
Petersburg 4Mb 1952—A&O

3.00

less

1

2.80

less

1

2.70

less

1

3.20

less

1

Portsmouth—

Austin—
5s 1940-1942

101M
b 1.00

3.40

less

1

4 Ms 1940-1954

103
to 3.30

%

»

J&J b 0.50

to

b 0.50

to

.—J&J
J&J b 0.50
J&J b 2.50

4MB 1940-1953
4Mb 1954-1958
Beaumont—

to

to

0.75 %
3.00 %
2.50 %
2 80 %
3.10

1954--M&S
A&O b 1.25
-

J&J
J&D
A&O
A&O

to

3.40 %

1956-1966

_

J&J

3.10

less

1

5s Water 1948

J&D

3.10

less

1

J&J
J&J
J&J
J&J
J&J

2.40

F&A

Richmond—
4Mb 1958
4Mb July 1 1964
4Mb July 1 1941—
4Mb July 1 1965
2Mb 1940-1953
1Mb Jan 1 1941-1960
—

less

1

2.50

less

1

0.50

less

2.50

less

M
i

1.60

less

1

1.60

less

1

Roanoke—
less

b

1.00

10

3.40 %

2M» Water 1941-1968-A&0

2.50

100
100

less

to

3".15

2Mb Jan 1 1941-1958.-J&J
4Mb 1940-1956

2.10

0

2.20

less

6

3.10

to

3.60

Staunton 5s 1940-1958—M&S
Tazewell Co 5s 1941-40—J&J

2.30

less

1.75

less

b 3.25

to

3.75 %

Washington County—

J&J b 2.40

less

Brazoria Co—
5 Ms Impt Apr 10

1

less

School 5s

Smith

County—
Fdg 1941-1958—J&J
Tipton County—
4Mb Road July 2 '40-*58J&J
Washington County—
5% Bug Jan 1 1954—-J&J
White County—
5M% Highway 1955-M&S

1

less

less

less

4Mb July 1 1940-1950--J&J
Fairfax Co 4Mb 1945—F&A2
Henrico County—

2.75

Shelby County—

less

5Ms School 1941-1953—J&J b 3.00
Charlottesville—
5s 1962 opt 1942
1.50
M&S
5s Water Impt 1958—-J&J
3.10
Danville—

to 2.00

90

to 2.35

Bristol—

2.75

2.10

2.25

1962

1.90
2Mb Refunding 1947-'60—J&J
1.00
1Mb Refunding 1940-'46—J&J
2.40
Albemarle Co 5s 1948
J&J
Alexandria—
3b 1940-1973—J15 & D 15 b 2.40
Arlington County—
5Ms 1941-1954
F&A b 2.40

to 2.70

1.00

2.00,%

VIRGINIA
4s (Commonwealth)

to 3.10

1.00

to

%

3.00 %

1.01

4Mb Hospital *41-'56—J&J
4Mb 1940-1968
M&N
4Mb 1940-1967
J&J
4Mb 1941-1948
M&S
Electric Power Revenue—
3 Ms 1942-1945
J&D
2MB 1946-1959
J&D
Polk Co 5s 1940-1946
J&D
Robertson County—
4Mb Road 1948F&A b

less
less

pages

3.10

4Mb 1940-1970
4s 1942 opt 1922
3 Mb 1941-1952
4s 1953-1977—..

less




2.50 %

to 2.60

b 1.75

to 3.00

to 2.70 %

J&J15

/ Flat price.

to

to 2.65

2.00 %
to 2.30 %

3.30

5s Water Works
5s 1941 1965.

1942..J&J

1943

4Ms Rural Credit

b 1.00
b 0.20
b 0.20

3 Ms

TEXAS

SOUTH DAKOTA
6s 8ept 1941
5Ms Jan 15

b 0.50
b 0.50
b 1.25

3.75 %

1940-1948-J&D b Par
4Mb Oct 1 1940-1949—A&O b 0.50

2.80

4MB 1941-1961

J&J

to 2.40 %

to 3.25

Abilene 5s Feb 15 1959-1965-Amarillo4Ms ^l-'SS.M&S 15

County—

5s 1941-1952
York County—

b 0.50

1.00

to 2.80

1.00

2.60 %

.

M&S

STATES—See

5Ms 1951

M&S

Spartanburg—
4Mb Water 1941-1965-J&J
5a Nov 1 1943

to

%
%

3.00

1.00

1.00 %

5 1.00

b 1.25

1.50
to 2.65

2.30

Marlon Co—

4Mb 1941

to 2.60

m&s b 0.75

5Ms April 1 1941
J&J
lMs refunding 1940-1955
Ogden 4M% 1940-1945—F&A
Salt Lake City—
5s Refunding 1941
J&J
4s Ref 1941-1945A&O
4s Ref 1946-1965
A&O
Salt Lake City S D—
4s May 1 1949
M&N
2Ms Refunding 1958--M&N
Salt Lake Co 4Mb Apr 1 1942

103
104

Kermhaw Co—
5s Highway

b 0.75
b 0.75

%
%

104

103

3.50

5 Mb

Greenville County—

4MB 1967

103
102

4Mb—
4M»
6s
1950.—

6s 1941-1942
A&O
5s March 1941-1960- --M&S
58 Memorial Sq '41-50.M&S

Anderson

4Mb 1940-1955
J&J b 1.00
4MB Hlghw 1941-1945-F&A b 1.00
Greater Greenville Sewer Dist

1.25

3_. 2 5

UTAH

Nashville—

to 3.00

b 1.00

1940-1953

2Mb 1945-1954
,.-A&O
1Mb 1941-1950_-_...-F&A
1Mb 1942-1948
__M&N
▲lken Co 4Mb 1941-1945.F&A

1

to 3.40 %
to 3.25 %
to

f&a b 0.75

Sept 1910-1959

103 M
104

Gas Plant—

to 3.50

3 Mb 1940-1949
3s 1940-1952

4Mb

to 3.20

to 3.25

3 Ms 1940-1944
J&D & 1.00
2.10s 1945-1954-.--J&D b 2.10
Electric Plant—

3.60

to

102M
103

Montgomery Co 6s Cumber
land River Bdge 1953.F&A

J&J

1

2.90

b 0.75

1941-1965-m&n b 0.75

UNITED

103 M

5s River Term '41-'48_A&0

CAROLINA
1940-1959

3.25

3 25 %

102 M

3.50

2.10s

4s Institu'l

to

4% to4M % due 1969

J&J
J&J

3 Ms

3 Ms Refunding 1940-1955._
State Highway Certificates
of Indebtedness—

to 2.80

Wichita Falls—

96

4Mb Water 1940-1962—J&J
4Mb Water 1949
J&J
4Mb Park 1959
A&O
4Mb 1940-1955
J&D
4s 1940-1954
M&S

to 3.60

Funding 1947

SOUTH

i

3.00

Wichita County—

Madison County—

1.75

J&D b 2.00
1.50
2.00
1.50
1.50

to 2.40

b 0.75

5s Water Works 1942--j&j
4Mb Water 1940-1968--j&j b 1.00

2.75

1 19581 19581958
1958—-

Memphis 5s July 1954

1.75

%

to 2.25

Waco—

to 3.00

4M% Highway '40-'49 J&D

to 2.85

M&N b
1940-1967
J&D b
Funding 1944
M&N b
1940-1967
J&D A
June 1940-1957—J&D b

to 2.75
to 2.25

------

4Mb ref Apr 1 1953-1964— b 3.10

3 Ms 1941-1954
3 Ms 1955-1958

to 2.95

b 1 25

1941-1961

5s Funded

b 3.00

.J&J b 1.00

4s Funding 1952-1962.A&O
Electric System Revenue—

to 2.60

b 2 60

J&J b 1.50

4M4funding 1941

4MB

1957-a&o

1941-1948

4Mb Jan
1
4Mb Jan
X
5s Jan 1
J
6s Jan 1
General Obligation
General Obligation
General Obligation
Funding 5Ms Sept
Water 4 Ms
t

3.10

1

Ref

to 2.80

Knoxville—
3.00

Woonsocket—

4Mb
4Mb

3.75

93
5M> Impt 1940-1946—J&D
County—
4 Mb Bridge May 1 '51 M&N b 3.50

School Loan—

3s 1946-1965

6s Fund

to 4.00

b 4.00

Knox

to 2 .75

25

35

1

4 f Jan 1

WPA

b 1.50

County

dge 1944
h r9fun<^ing

b 0.75
b 1.00

5s St Impt Dist No 2 1943.
4Mb 1941-1967
j&j b 0.50
4Mb 1940-1968
f&a b 0.50
3s July 1 1940-1951
j&j b 0.75

4.30

b 4.50

Johnson City—

2.25

1 00

J&D

1940-1959

4M«

$

4Mb

Pawtucket—

4Mb School 1954
Providence—

J&J

Jackson—

Newport—
6M» June 1 1940-1953
4Mb Ma>

5s

./

1940-1958

2 Ms Nov 15

to 2.75

San Antonio—

85

82

Gibson County—

Cranston—

3.75 %
to 2.60

Port Arthur—

Davidson County—
to 1.00

a&o b 3.10
j&d b 0.75

5s 1941-1959—
4Mb 1941-1971
-f&a
4Mb 1941-1964
f&a
4s Refunding 1941
j&j
Ind Sch d 4s '41-'64—f&a
3 Ms Nov 11940-1967-m&n
Galveston—
5b Grade Raising 1944-a&0
5s School 1941-1954---m&s
5s 1941-1956
a&o
Grimes County—
5ms Road 1941-'54-a&010
Harris co—

2.20

Chattanooga—
Electric Power Revenue—

island

RHODE

Fort Worth—
5s 1951

M

2.30

4Mb 1940-1967
4Mb bridge 1944-1945
6s July 1 1943
—
6s April 15 1946-1947
Carter County—
5s funding Jan 1 1959. .J&J
5M» road

_

York 4Mb

1950—a&o b 3.25
1948—f&a b 3.25
4Mb 1941-1960
a&o b 1.00

2.40

J&D

to

%

5s w w purch
5s Impt Aug 1

100
less

1941-1960

ei Paso—

TENNESSEE

Schuylkill County-—
4Kb 1940-1955.

97

85

_

4s 1940-1955

to 2.60

m&n 6 0.75
4ms 1941-1970
m&n b 0.75
4ms 1941-1945
m&n b 0.75
4s School 1941-1951—j&j b 1.80
2ms 1941-1957
j&j b 0.50
2Ms voted 1941-1958—f&a b 0.50
Dallas Co 4Mb Apr 10 1951— b 2.25
5s

100

98

Stanley Co refunding 4Mb
Sioux Falls S D—

to

J&D

3s 1944-1964

1

94

75

1 1954 opt

F&A & 2.00
2tfs 1940-1963
J&D 6 0.75
Reading 5a Impt 1943-49-J&J b 2.00

1953

School District—

Net

m&n 6 0.60% to99M

Ms 1942-1955

Coruus Christ! 5b fd '67-f&a b 4.00
Dallas—

to 2.10

b 2.75

3s Sept 1
3 Ms Sept

95

2

to 2.75

less

Perkins Co refunding 3-4s

1946—
1 1944
2.85 3 Ms Sept 1 1945
3 Ms 1948
3.908 Sept 1 1956-1958
3.00 %

to

Ask

River Conservation &
Reclamation District—

to 2.80

b 2.20

1942-1958

—

2Mb 1947-1948

95

To

or

Bid

Bonds

Net

County—

4-4 Ms
Jackson Co—

2 Ms Dec 1

to 2.90

to

thereafter

b

2s Dec 1 1956

to 2.65

_

4H%

Ask

Brazos

1 1943-'50..M&N
Ref 4s Aug 1 '43-'49
F&A
3 Ms 1943 to 1946
F&A
3s Feb 1 1947
F&A
3s Refdg 195CL1959—F&A
Refunding series AA—
4Ms to Aug 1 1941, 3%
Due May

107 M

J&J

4a Nov 1 1966

Bid

4Mb Rural Credit—

Philadelphia (Concluded)—
4Mb 1976 opt 1946
4Mb Dec 171978
J&J

4a Feb 16 1955

Bonds

Net

Ask

To

or

To

or

4s July 1942
4s Jan 1 1946

Yield Basis

Yield Basis

Yield Basis

Bid

Bonds

99

AND MUNICIPAL BONDS

STATE

JUNE, 1940]

1. 1943 at 104; 1948 at 103; 1953 at 102 and

5b school 1941-1949

1958 at 100.

1

%

STATE AND

100

Quotations for all securities are as near as

MUNICIPAL BONDS

possible for the closing day of the month preceding the date or Issue

To

or

Ask

b 0,50
6 0.50

to 0.75

5 0.75
5 1.00

to 1.50

5 0.75

to 2.60

5 0.75

to

5 0.75

to 1.75

100
5

4".b0"

Everett—

-

5 1,00
5 2.60

4 Ms

2.60

General obligations—
4Mb 1941-1955
4 Ms 1941-1957

to

b 1.25

to 2.50

6 1.00

to 2.50

b 1.25

J&J 6 0.50

to 1.40

6 0.75

to 2.40

6 1.25

to 2.10

6 1.75

to 2.25

5 1.25
5 1.00

to 2.00
to 2.00

4 Ms
4 Ms

5 2.25

to 3.90

4s 1941-1950

5 1.00

to 3.90

4s July 1948-1952
3 Ms 1951 and 1952

5 2.30

2.15

5 1.20

to

1940-1946

1945-1954
1940-1943

1941-1947
A&O 6 0.50
6s W W 1940 1960—M&N 6 0.50

to 2.25
to

J&J
—.J&J

1943-1952

5 1.25

to 3.70

A&O
A&O

5 3.00
5 1.50

to 3.70

Called Apr. 1, 1941, at par

to

to 2.00

1 Ms

Road 1950-1951
lMs Road 1944-1964

2°15

Payment can be made

Surplus
31,

to

to 97

to 1.60

1

%
to 2.25 %
2.20

any

time.

Reserve

%"

10

Agricultural (Watet'n)

25

Allemannia Fire (Pgh)
Amer Alliance (N Y)_
Amer Oas (Read'g.Pa)

10
10

5

5
Amer Equitable (N Y)
5
Amer Fid & Casualty.
Amer Fire (Wash'ton) 100
10
Amer Home Fire(N Y)

(Newark) 2M
Y)_

10

Y)_

10

Amer States (Ind'nap)
Amer Surety (N Y)__

25

Automobile Ins 1 Hartf)

10

Bankers & Shipp
Boston (Boston)

10

(Bit) 2M

Baltimore Amer

Bankers Natl Life--.-

(NY)

10
25

100

Buffalo Ins Co (Buff)

100

Calif-West States Life

5

Camden Fire (Camden)

5

Carolina

5s

_

Cobimilan" Nat'l
—

-

17,820,380
3,000.000 17.202,657
19,768,389
7,500,000 18,089,892
15.000.000 21.855,402 $582926,448
5,757,113
3,000.000 5,007,051
1,521,263
1,200.000 2,425,092
1,909,764
3,000,000 3,513,926
563,730
563,730
1,591,302
1,000,000 2,920,034
4,932,801
985,989
157,500
213,183
390.363
200,000
75,451
1,086,606
1,000,000
1,145,116
3,343,740 11,354,498
12,464,818
2,000,000 4,925,023
1,424,965
1,000,000 1,282,815
2,643,210
350,000
350,000
892,276
7,500,000 5,837,363
6,192,656
5.000,000 8,617,287
9,618,591
1,500,000 2,330.902
2.079,984
250,000
673,500 $ 5,143,342
1,000,000 2,170,527
3.576,034
3.000,000 14,650,936
4,615,817
1,000,000 2,339,491
2,459,378
875,000
770,000 $47,612,851
2.000,000 4,121,087
5,807,891

30
42
32:
521
88
540
355
13
15;

1.057,804

23

500.000

400,000
1,500,000

5

150,000

770.728

532,498 $16,036,236
1,573,861
17,274

900,000 el,681,064

Conn Gen Life (Hartf)

98
40:
25
64
20
17:

615
9-

103

2.000,000

10

1,500,000
3.000,000

10

(Wilmington, Del).

10

Continental Assurance
Continental
Casualty

10

5
Ind)._
Continental Ins (N Y) 2
Eagle Fire (Newark). 2
10
Employers Re-ins(KC)

(Hammond,

Excess Ins (N Y)
Federal Ins (Jer City

5
5
10

20
Fidelity & Dep (Bait
Fldelity-Phenix (NY. 2M
Fidel & Guar (Bait)._
10

Fire Assoc of Phila

10

Fireman's (Wash'ton)
Firemans Fund (S F).

20

Fire mens Ins (Newark)
Franklin Fire (Phila).

5
5

General Reinsurance.

5

25

Georgia Home

10

Gibraltar Fire & Mar
Glens Falls Insurance

10

(Glens Falls, N Y).
Globe & Republic
Globe & Rut gers Fire.
2d preferred
Gr
Amer
Indemnity
(New York)
Great Amer Ins (N Y)
Halifax (Halifax, NS).
Hanover Fire (N Y)_
Hartford Fire (Hartf)

5

(Hartford)

(New York)

5

15

15
1

2.165,995

a3,456

1,000,000

Jefferson Stand Life.,

19M
7M

20

2,000,000
1,000.000

100
5

1,000.000
1,000.000

5

210,000

10
(Phila)
1
Maryland Casualty._
Mass Bonding & Ins
12M
(Boston)

23

1,000.000
2,544,798
2.000.000

5
4

lersey Ins Co of N Y.
Kansas City Life (Kan¬
sas

City, Mo)

Knickerbocker

(N

16 M

Manufacturers

Y)

Lincoln Fire (NY)

10M

35i
15

to 1.30

0.25
1.00
1.00

to 1.60

1.00

to 2.25

2.00

to 3.50

3.00
1.50

to
to

.—J&J

*

1.00

6 0.25

to 1.50

%

Unearned
Premium

1939

Reserve

Bid
Per

Ask
share

10

21,620,936
2,320,883
1,031,277
3.000.000 $73,418,070
1.215,138
1.979,097

57 M

"~30~~
28M

58

35" T
32 M

6,205.984 $103,115,640
2,148,977
1,224,424
100,222
201,290

360

400

7

8

2,326.675

1,484,447

30

4,424,256

11,539,889

1H

2%

4,058,267

5,331,877

51M

54M

2,500,000

9.016.344

4.131.181

37

41

1,000,000

1,009,695

1,691,246

750,000

1.000,000

1,117,201
15,102,208
5,591,541
95,914

5M
22 M

1M

2M

Cas'ty
34

Merchants Fire Assur

(New York)
Merchants

com

& Mfrs

of

New

York
National Cas (Detroit)
National Fire (Hartf).
Nat'l Liberty (NY)..
Nat'l Union

10
10
2

(Wash)_-

10

Nat Union Fire (Pitts)
New Amsterdam Cas

20

Brunswick

5,000,000 22.414.530
8.784,716
4,000,000
235,471
200,000
5.609,852
1,100.000

7,339.788

46
6

12M
115

6M

8*
7
16
125

2

(Baltimore)

1,000.000

5.000,000

6.244,634

12 M

13 M

10

1.000,000

2,121.228

1,580,311

27 M

29

10

3,000,000 8,229,214
1,000,000 2.156,234
927.484
1,500,000
2,000,000 14,060,178
1,526,085
600,000
5,453,997
1,000,000

4.6S6.941
2.466.401
2,245,657
6,070,084
2,121,895

38

43

Fire

(New Brnns. N J)..

Hampshire Fire
(Manchester, N H)

1J

New York Fire
N'eastern (Hartford)

18
7

5
.

North River Ins (N Y)
N orth Star R einsur.

18,657,475

3,529.077 $41,796,596
383,858 $18,022,948
8,180,687 $219464,625

637,530
1.000,000

_

_

5

2M
5

Ins CoCNY) 12M
North westernNatlonal

68

(Milwaukee)

10M
23 M

6,822,050
5,000,000 66,076,028
815,000
373,178
1,500,000 2,500,000
250,000
228,044
755,095
834,962
4,000,000 12,866,770
2.400,000 9,130,299
3,750,000 51,504,983
1,000,000
1,934,396
2.000,000 10,214,569
300,000
397,403
7,500,000 16.356,502
9,397,690 8,029,384
3,000,000 8.828,675
1,000,000 6,000,000
500,000
1.007,254
1,000,000 1,187,443
2,500,000 7,324,229
1,000,000
1,453,186
1,200,000 [7,789,632
1887,835
1,000,000 5,352,343
8,150,000 25.681.304

9,784,360
19,678,872
897,459
3,252,880
300,163
400,197
2,824,060
6,352,355
15,451,216
3,997.692
9,527,819
254,365
12,757.108

13,967,492
7.272,844
2,164,733
991,253
1,326,705

4,000,000

5,515,886

10 12,000,000 56,776,267

3,000,000

8,475,475

5 15,000.000 50,371,518

Homestead Fire (Bait)

10

10

1,000,000
4.932,000
1,000,000

3,200,302
287,636
754,694

8,097,451
48,121,615
2,634,445

10

10

(Phila)
Phila Nat Ins (Phila).
Phoenix Ins (Hartf)..

1M
45

Accident
(New York)
Protective Indemnity

99

Providence

6

8M

29M

27
80

6M

Rochester

24 M"
34 M

36M
8
14

10M
23K
21M
71M
54

16

10

2

14
3

20

21M

10

15

81M
115
20
10 M

103
30

93 M
120
23

11M
113

31M

13

8M
1M
14M
71M

~~9M

11M

13M

27 M

2M
15M
73 M

5

10

56 M
27 M
35M
2M
17 M

1,000,000
1,000.000

2,950.945
808,755

2,199,510

3,000.000
1,530,000

6,414,876
1,928,266
3,184,552
1,433,308

4.596,157
297,899
981,131
2,738,240
1,263,895
1,579,093

25 M

1,000,000
2,000,000

827,848
9,609,365
756,344
971,581

24

26

195

208

218,269

-

1,000,000
892,537

4,998,898

2,032.497

5M

7

18

20

23 M

24 M
21

19M
2M

4

American

(Rochester)

23 M
18

25M

10

Washing¬
ton (Providence)..
10
Reinsur anceOorp(NY)
2
Reliance Ins (Phila)..
10
Republic (Dallas)
10
Revere (Paul) Fire
10
Rhode Island (Prov). 2M

"51M

33

5

1,500,000
1,000.000
630,000
700,000
1,000,000
6,000,000

4,959,557

5,460,234
5,415,507
957,537
2,411,725
735,709 $19,038,646
3,699,317
3,023,180
2,832,531
2,500,000
2,119,524 $35,421,052
281,435
493,974
207,183 $12,613,671
575,240
1,304,124
8,725,846
39,661,976

12M

Preferred

39 M

1M

1,188,742

10

Phila Life

33.867,780

10

1,000,000
1.000,000

Pan-Amer Life (N O).
Peerless Casualty....

62

10

1,000,000

10

28

2,853,978
3,011,073

1,757,193

10

25

30

6,933,791

2,000,000

5

2,000,000

Occidental Ins (S F)__

2,642,443 $27,864,308

2,000,000

25

Old Line Life (Milw).
Pacific Fire (N Y).._
Pacific Indemnity

1,421.828 $21,700,845

10

10

1,000,000 2,071,824
St Paul F & M (St P)_ 62 M 10,000.000 21,070.534
Seaboard F & M (NY)
845,307
10
1,000.000
Seaboard
1,000,000
10
1,000.000
SuretyJNY)
Security Ins (N Hav).
10
2,000.000 4,000,000
Springfield Fire & Mar
(Springfield. Mass)
25
5,000,000 14,919,181
Standard Accident...
10
1,380,640 2,675,687
Stand Fire
1,315,960
300,000
(Trenton). 12 M
Stuyvesant Fire (N Y)
1,241,513
5
500,000
10

4.078.182

6

8

29

31

27

30

12.376,770

97 M 103

6,375,650
1,257.482
52,856
:69,574,151
[15,381,874
14,016.221

28 M
55

2M

31M-

"3M

210

260

396
7

406

Sun Life
Ass'nce_(Cas) 100
Travelers Fire (Hartf) 100
U 8 Casualty conv pref
2
U S Fidelity & Guar¬

2,000,000 18,118,208
6,233,177
2,000.000
2,000.000 6,233,177

anty (Baltimore)...
D S Fire (New
York).
U S Guarantee Co

10,217.865
2,000.000 20,008,203
10.217,865
2,000.000 $2 2008203
3,003,557
2,000,000 6,477.319
875,185
1,263.531
400,000
243.415 $24,100,281
375,000

16M
39M
14

16
9

5,748,869
$7,779,760

26M

28M

16

17

2
4

10

Unlver Ins

8
(N J)
West Coast Life (8F)
5
Westchester Fire (NY) 2M
Wisconsin Nat Lire

10

1,000,000
400.000

9,315,816
574,790

No par value,
t Consists of $312,000 $4 cum. 1st pref., $500,835 $5 2nd pref. and $75,000 $5 junior pref. stock.
legal reserve or life Insurance reserves,
a Statutory insurance reserve,
e Includes capital,
x Not an insurance company.




0.25

10 12,000.000 65,269,141

(Philadelphia)

26 M
68 M

110
5]
9:

4,041,236
13,146,880
1,255,309
5,256,395

Home F & M (S F)—
Home Fire Security..

»

Capital

Insur Co (State of Pa) 100

Hartford Steam Boiler

Heme

to 1.75

date of issue.

42 M

Continental Amer Life

Excelsior.

0.50

$

Northern

100
_

1

to 1.20

New
5

10

100

—

1941...A&O

1940-1944

share

Life

(Boston)
Commonwealth Life.

r-oo

0.25

Surplus
31,

Par

New

10

Central States Life (St
Louis)
City of New York (NY)
City Title Insurance
Colonial Life (Jersey

to 1.50

"0.25 toi".30

/ Flat price.

6 Basis.

Ask

(Wilmington

N.O.)

1.50

2.75

Insur Co of Nor Amer

10
10

In-ur

to

to

Natrona Co S D No 2—

Dec.

Bid

Aetna

Aetna Insur (Hartf) __
Aetna Life (Hartford)

Amer Reinsur (N
Amer Reserve (N

to 1.25

WYOMING
4s Road 1951 opt

Premium

$

Amer

to 2.90

to 2.25

Unearned

1939

Dec.

Casualty & Suit
(Hartford)
-

00
to 2.50

3.65

plus int.

Capital

%

3.00

..J&J

4Ms 1940-1945
J&J
4s
1940-1944
J&J
Milwaukee County—
4 Ms Ct H'se *40-*50 M&N 15
4Ms Sew Mar 12 1941-19454Mscourth'se *40-49 J&D16
Racine 4 Ms 1940-1357..M&N
6s 1940-1941
F&A
Racine County—
4Ms
1940-1950
J&J
Superior 4 Ms Sch *40-'44_J&J

Quotations are as near as possible for the closing day of the month preceding the

Par

to 3.00
to

tolOOh

0.15
99

J&D
M&S

to 2.15

0.90

J&D

70

to 2.10

0.90

2 Ms Nov 11940-1962—M&N
2Ms May 1 1944-1962
2s Road 1940-1963

M&N

to 0.80

0.80
0.20
1.60
0.20

M&S
2Ms Sept 1. 1946-1960—M&S

2.80

*43-A&O

to 2.20

J&J 6 0.40
J&J 6 1.85

J&D 6 0.25

4Ms
1940-1949
Milwaukee—5s 1940

2.50

to 1.80

J&J 6 0.20
J&J 6 1.60
J&J 6 0.25

2.90

5 3.20

%
3.20,%

WISCONSIN
Eau Claire 4 Ms 1940-1944. J&J 6 0.50
Green Bay—

WEST VIRGINIA

to 2.80

to 2.80

to 3.00
to

to 1.60

6 0.50

to 2.75

5 1.20

Net

Madison—

5 1.00

3Ms

Ask

to 1.00

6 0.75

Clarksburg 5s 1940-1953.A&O 6 0.40
Huntington 5s 1944
Oct
Morgantown 5s 1940-1948. J&J 6 0.50
Wheeling—
5s Wat Wks 1940-1952.J&J 6 0.50

to 2.40

b 1.00

3s Sept 1. 1940-1946

A&O
A&O

2.20

b 0.75

4 Ms

5 0.75

Munic Lt & Power Rev—

♦

2.80

ref wat 1940-1954-J&J 6 0.75

5s Highway

A&O
1941-1943-M&N
5s Light & Pow 1942-56A&0
4 H Lt & Pr 1940-'58-M &N
Emergency Funding opt '44
4Ms 1941-1959 opt-.M&S
L & P

b 1.75

5s Wat rev 1940-1951-J&D 6 0.75

Seattle—
5 Ms L & P

J&D 6 0.50
.J&D 6 2.85

2MB
2Ms

Yakima—

5 2.20

_

4M® Gen oblig wat_1940-59
Water revenue bonds—
4s 1946-54 optional 1946-2s 1941-1945.
2 Ms Water ref 1940-1942
King County—
4M« Bridge 194049-M&N
4 Ha 1940-1950
M&N
Pierce County—
4KB 1940-1944
Port of Seattle—
6s 1940-1955M&S
4 Ms Jan 1941-1955
J&J

1940-1958
1958-1972

Charleston S D—
5s
1940-1952

to 2.20

Walla Walla—

5 2410

Bid

Charleston—

4s
1946-1950
M&N
Spokane—
4 Ms Park 1962
to 1.20
J&J
4s & 4 Ms ref 1940-51—J&J
to 2.10
3Ms Ref 1943-1954 —J&J
to 2.20
4 Ms 1941-1954.
to 2.30
M&S
5Ms 1941-1953
J&J
5s Imp Mar 1 1941-1942
102
4.00 Spokane Water Revenue—
"3.75 %
4Ms-4Ms 1940-1941—A&O
Tacoma—Revenues—
to 3.00
4Mb Water '40-'43 (s-a)J&J
4 Ms EIL&P *42-'46(s-a)J&J
2.40
4MsEIL&P'40-51(s-a
A&O
4s Water 1944-1946
to 2.25
J&J

5 2.00

To

or

Bonds

Net

Ask

Bid

Seattle School Dist No 1—

6s Gen Fund 1940—-—J&J
4M% Gen oblig 1940-1943J&J
4% Gen oblig
1948-50
8M% Gen oblig
1950-51
3M% Gen oblig
1951-52
Toll Bridge Authority—
Revenue 4s 1968
J&D
Olark Co 5 Ms *52 opt *33 A&O
Refunding 6s 1953
M&N

4Ms 1949-68 opt
4s 1940-1953
3 Ms 1943-1953
3 Ms 1941-1954

To

or

Bonds

Net

WASHINGTON

6s 1941

Yield Basis

Yield Basis

Yield Basu
Bid

Bonds

57

9

17M
41M
61M

$ Policy reserves, also calledi

Quotation* are a* noar a* possible for

Bond*

Bid

Bonds.

Ask

65

Albany Metropolitan 5-6s 1949-Alden (Hotel) lst3-5s 1957.-F&A /
Alexander Hotel (Md)4s *42 A&O

68

72"

28

-

60

Allerton N

1955-. /

11

Amer Insur Un Bldg 6s '41.M&N /
Arcade Bldg & Rlty (Seattle)—
1st leasehold 3-6s 1948
J&J

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 Mb 1957—J&J
Cum income 6s 1957
A&O

57

3f0

8

Governor Clinton Co Inc

f 5s 1950 (with stk)

Barker Bros Bldg (LA)
Bauman
(Ludwig)—

(Brooklyn)

.F&A

2M-5s 1957 (with stock)..J&D
Graybar Bldg < East unices lnc)-~
1st m ieaseh 5p 1°4S
JAP

(Pittsb)—

M&N

Bldg 6fc

Hearst-Brisbane Properties—
1st fee & 1'hold 6s 1940-41 J&D
1st fee & 1'hold 6s 1942
J&D

46

F&A

2%
13
49
30
12
22

17

—

-

5%

4

2
35

-

-

-

.

-

-

5

17

/

Units

I>efcourt State

10

16"

50

Midland

4

76
50

8M

22

65

55

97

25

2

Detroit Hotel 6 Ms to 1941..M&S /
Detroit Leland Hotel 5s Oct 1 '52

Domin Square Corp 4s '59...J&J r
Dorset Hotel 1st partic 2s 1957—
Drake (Phna) 6s w-s 1959
f
Eastern Ambassador Hotel units.

Kdgewater Beach Apts—
Liq Tr inc 6s w-s *50 Ann Oct
Edgewater Beach Hotel (Chicago)
Cum Inc deb ext 5Ms '41--M&S /
11 Park Place Corp 4s 1948 M&N
11 West 42d St (N Y C)—
4Ms-5s (stamped) '53-.-M&N

48
47

50

1st

50

—

-

--

23

59

60

2

1X
32

--

24

2M
60

"4
--

86
■

89

3

101

J&J
Prop 4s '58-J&D

79

83

63

67

47

28

32

15

18

35

14

1

3

71

109K

18

4

5

65

70

26M

N

Equitable Office Bldg 5s 1952....

33"

New York Title &

Deb 5s Legended 1952
Ferry Station P O (San Fran)—

32

36

series
series
series
series
series

F&A
Mtge—

B-I
B-K
C2
CW-1
FI

1947...

6s*40 A&O f
..Nov f
10 East 40th Street Bldg 6s 1953Non-cum inc 6s 1958
J&D f
1088 Park Av Corp 2 Ji-5s'53 M&S f

1946.J&D f
Ann Dec f
23 Lexington Ave 2M-4s '50.F&A
f
29 4th Ave Corp 2 Ms '63 (w s)
29th St Towers Bldg 3s 1942
f
2124-34 Bway Bldg 5M«
-1943 f
Park Ave Bldg 4-5s
2d fee 3s 1946

37

41

46
32 H

-

49 M

34M

Van Sweringen Co—
1st 6s 1935-...

F&A f
1st & coll s f 6s 1938
A&O f
Van Sweringen Corp 6s '35-M&N f
Varick St Sta P G (N Y) 6s 1941 f

40

30

35

10

14

1951._-J&J
Warner Bros Hollywood Thea—
1st 6Ms 1941
M&N
Washington Properties inc 7s 1952

15

Westchester Bond & Mtge 5Mb

52d & Madison Office Bldg—
1st Leasehold 3s Jan 1 1952
600 Fifth Ave 6 Ms 1949
J&D /
Stamped 4s 1949
J&D
1500 Walnut Corp (Phila)—
1st 6s 1950
A&o /
1528 Walnut Corp 6s (w-s)
Forest Lawn 1st M 5s '64

1951

_

F&A

/




1962

4

14

17

60

64

85

-

-

-

-

5M

3M

A&O
—M&N

f

31
-

-1

-

-

2
6

3

9

7M

33

20

22

1

3

38
98
88

91
8

6M
1M

_

24

25

22

26"

70
3

-

-

-

30
13
98

25

30

52
10
24

_

-

„

15"

k Last sale.

_

12
—

-.•«

-

20
33

5

4

19

5M
20

2M

_

20M

6M
22

3M

23

Wallbridge Operating Co (Buff)
Income 3-4s 1950
Ann Feb

10

(Hotel)—
1954——M&S f

5

13

5M

Wall & Beaver St Corp—
14

17

88
44

f

12

46

18

45

55

Woodbridge Bldg 5 Ms '41.-A&O f
7s 1940A&O f

101

-

5

27

53

1st 4Mb w-s Nov 1

50

11

100

Non-cum Inc 5s

64

9M

7M
11

Bldg 6s 1953 J & J

Waldorf Astoria

35 M
61

82 M

Westingbouse Bldg 4b 1948.A&O

1

Nominal.

41H

54M
43 M

So"'Phila)—"

Olympic Inc (The) 8eattle—
1st 6s 1943

11

52 M

A

f 5s

70

"3"
21

Wadsworth BldgtNY) 6s '63 A&O

W aba8h-Monroe

32

income 5 Ms 1945-(w-s)
North Station Indus Bldg (Boat)
■

56

73

38

-

cum

m

53 M
90

38

10

1st

—

44

Tyler Bldg 6s (w-s) July 1 1953— f
U S Realty & Impt 6s 1944—J&J

7
13 M
X

1M

--

41

2480 Bway Bldg 2d mtge 3s 1944.

59
15

17

78

55

1st

84

15

19M

36

15 Park Row 4s w-s 1952
J&J f
50 B'way Bldg 3-6s 1946-_.M&8 f
51 East 42d St 3s 1956-..On Mar f
51 Fifth Ave 4s 1943
-A&O

-

81

24

25M

l2a florioa

—

-

M

20

M&N

23
16

R

4

Trinity Bldg 5Ms 19H9
J&D f
Trinity Court Bldg 4s 1941.M&S

31

1900 Rittenhouse

_

-

30

21

20

13
20

102

J&D

24

__

'

29

1949..A&O

5th Ave & 28th St Bldg 6 Ms 1945. f
5th Ave & 29th St Bldg 6s 1948... f
5th Ave & 55th St Bldg 4s '55 w-s

-

35

100
M&S
31
6s '33.J&D f

—

Y Postal Service Station—

5Ms 1937
5Ms
5 Ms
5Ms
6 Ms
5Ms

6

3M
14

30

Stamped

15

29

f
f

Taft Rlty (New Hav)
Income 3s w-s 1951

2

73

24 M
54 M

--

46

Textile Crafts Bldg 6s w s 1944-.

7

J&D
(w-e) 1956

1st mtge 2-5s 1955
N Y Majestic Corp 4s

5s

Textile Properties—
1st 4-58 (ws) 1958

New Weston Annex 3-4s w-s 1945N Y Athletic Club—

39

12

80 Broad St Inc 4s Nov 1 1956-.
80 John St extd 4s 1950
A&O /
870 7th Ave 4Ms Jan 1 1957
Eppley Hotels 1st sf 3-5s 1951 J&J

f

Stanley-Mark Strand 6Ms 1941 .
StHnlp>
Real *.8t 5M* '45
J&D
State-Randolph Bldg 'Chicago)—
5 Ms 1942
M&N f
Steuben Bldg (Chic) 6s 1943 M&S f
Stevens Hotel (Chicago)—
f
Income 5s W-S 1956
Stone & Webster Bldg 'Boston)—
Strauss-Manhat conv

Inc—

14M
mtge 2-5Ms 1950
&J /
Nat Hotel of Cuba 6s 1959-(w-s) f
6
68 M
Nat Press Bldg 3-5s 1950
J&J
18
Adj mtge Inc Apr 16 4Mb 1950- /
National Tower Bldg—
35
1st fee & 1'hold 4-5s 1949-A&O
Neisner Bros Realty, Inc—
105 M
Conv s f deb 6s 1948
J&D 15

44

48

20

60

Sixty-one Broadway Building—
1st s f 3M-5s (w s) 1950-.M&N
Income 3-3 Ms stpd 1955.M&N f
Speed Building 'Louisville. Ky).
Income 6s 1945
M&N

7

98

/

1942

—

46

1st

2

86

42

24

On Sept

6s debenture 1951

61

Montreal Insur Exch. Bldge

1

80

22

inc 2-5M% June 1957-

30

55

~7

cum

5s,
1943
J&J
Savoy-Plaza Corp—
3-6s (w-s) 1956-Ann Oct /
Schulte Real Estate 6s 1935—
W ith stock
J&D f
Without com stock
J&D f

-

28

20

4

2-6s July 1 1956
An Mar /
Roxy Theatre 1st 4s 1957--M&S
Russ Bldg. (San Fran.)6s*5] F&A
St Charles Hotel (Atl Cy) 6Ms '45 /

20

95

Metropolitan Playhouses—
Debenture mtge 5s 1945—F&A
Midland Invest Corp (Mo)—
See Investing Companies.

50"

33

30

Sherneth Corp 3-5Ms (w-s) 195660 Park Place Bldg 3Ms-5s
1947

86

Merchants Nat

3

98 M

3-3tf-3M-4s 1939-1947--Q-Feb

54
19

24

84

Mecca Temple 5s

_

28

/
5Ms 4th series.
Quincy Station P O (Chicago)—
1st extended inc 5■ 1950--J&D
Realty Assoc Sec Oorp—
Income 5s Oct 1 1943
J&J
Repub
Bidg(Denv) 3-5s'49.J&D
Retail
Properties—
Deb 58 series A 1959-—M&8
Income deb 6s ser B 1959.A&O /
Rittenhouse Plaza 2 Ms Jan I 1958

6s with stock 1959J

Office

Mercantile Properties.
Sec s f 5Ms 1946

_

50

65

74

72

Marshall-Wells Bldgs 6 Ms'47 F&A
Mayflower Hotel( L> O) 5s 1950-.

101

cum

Inc 5s May 1962
inc deb 5s May 1967 /

Schuyler-Hudson 4s 1947
SeviUa-Bllt Hotel 7 M" "37 ctfs
Shelburn Inc (Atlantic City)—

56

Mark Hopkins Inc—
1st income 6s Feb 1 1952.

20

cum

Voting tr ctfs for common..
Poll-New England Theatre—
1st s f 5s 1958M&N
Gen income 5sNov 15 '83.J&D /
Prudence Securities Corp—

Theatre

Bldg 6s. 1941--M&N /
Lombardy (The) 6s 1942—M&N
London Terrace Apts 3-4s'52 J&D
Lord Bait Hotel g m 6Ms '45 A AO
Lord Nelson Hotel s f 4s '47.M&N
Lords Court Bldg 5Ms 1942.J&D
Macrid Realty 3s
Madison Inc (N Y C)—
Mtge cum inc 3-6 Mb 1957M&N /
Manhattan Towers 6s 1948-M&S /
Marcy (The> 6s 1940
F&A

48

"7

50

18

6

n)

n

17

40

Loews

59 M

/ Flat price.

6

Bldg—

12

21

Mtge

•

San Fran Paramount Oorp—

34

74

Plerrepont Hotel 3-4s 1951--J&J
Pitts Hotels Corp 1st 5 Ms '48M&S /

47

10

46

__

_

98

27

45

32
3

—

50

J&D

F&A /
1st 4s 1951..
Lincoln Bldg Corp—
Income 6Ms w s 1963
/
F&
5 He ex stock 1963
Lincoln Mtge Co (Newark)—
Cum inc (w-s) 5s 1948—A&O

47

17

60

Lenox Hotel inc 5s 1950

60

6M

16

27

Lewis Morris Apts

45

41

12

66
45

St Louis Post Office—

Extend 1st 4-6 Ms 1948

18

20

13

14M
63

Bldg—

1st fee 4-5s 1948

30

17

34

25

M&S

1948

6s Jan 1

Lefoourt Mnntiat

29

8

42"

fErie, Pa.)—

Lawrence Hotel

26

1st s 14-4^8 1948(w-s)—A&O
Colonial Apartments 6s 1937

Bldg Corp 1st s f 3M-5s
1940
Cromwell (Oliver) 6s 1939.M&N /
De Paul Hospital 1st & ref

i5M

36M
22M
30

52

LaSalle Wacker 5s fixed.——

19

15

6s 2-s '52 /
Pennsylvania Bldg 6s 11)39
M&N /
2d non-cum inc 4s 1959-M&N /

Park Place Dodge Corp

--

38

Robert Treat Hotel (Newark)

1952—M&N
6Ms £46 /

leasehold 3Ms-4s

60

25

40

Conv

Kramon Devel Co 1st fee &

38

55

Paramount Bway Corp.—
1st M s f 3s loan ctfs 1955 F&A
Park Crescent 6s (w-s) 1955
/

10
68

Income 5Ms ser A 1961—M&N

95

Keith Memorial Bldg 6s 1943

Lake 8h Ath Club (Chic)

Cleveland Theatre gen 5s 1944--.
Oolonade Construction—

Columbus-Venetian-Stevens Bldg
(Chicago) 1st leasehold inc
3-5s. 1955
M&S 1
Congress Square Hotel 'Port Me)
5Mb 1946
M&N

40

Building—
1st s f inc 3M-6s May 1 1948. f
Hotel Drake Corp inc 3-5s "53F&A
Hotel Lexington units 4s '55.M&S
Hotel Sherman, Inc—
1st 5s 1957 (w s) Apr
----- f
Hotel St George 4s 1950
A&O
Hotel Syracuse Inc 3s 1955--M&S
Hotel Taft Corp 5s 1947
F&A
Jagels & Bellis Realty 6s '48.M&S /

23

15

-

15

36
9

Herald Square

3 H
16

—

_

,J&D /
110 So Penn Ave (Atl City)—
6 s 1944
J&D
165 Broadway Bldg—
Sec sf ctfs 4Ms (ws) 1958
General s f 2d 3s Aug 1958 F&A /
Ore Paramount Corp 4s '57-M&S
Orpheum Th & Rlty 2-6s '46 M&S
Palace Hotel (San Fr) 5s '45-F&A
Pantages (Alex) fig to 1947-M&W

77

40

J&D /
Benf Franklin 6s ctfs 1933
f
Berkeley-Carteret 5 Ms '46.M&N /
Bing & Bing deb 6 Mb 1950 *&8 f
Income 7s 1950 w-s
M&8 /
Book Tower (Det) 2-5s *52-(w-s)
Boston Insurance Exch Bldg—
1st Lse cum inc (w s) 5s Apr.'53
Boston Parcel Post 3s Oct 1945
f
Boston Postal Sfirv 5 Ms *38.J&J /
Broadway-Barclay Inc—
1st, 2d 1956
In June /
Bway Mot Bldg 4-6s 1948—F&A
Bway-Spring Arcade Bldg—
Non-cum 3-5s April 1 '57-J&D
Bway & 38th St 7s 1945
J&J
Bway & 41st St Bldg 3M-5s 1944.
Bklyn Fox Corp inc 3s Oct 1 1957 /
Bryant Pk Bldg (NY) 6Mb'45J&J
2-4Ms extended to 1955—-J&J|
i
Bush Term Bldg—See Industrials
Butler-Hall 4 M -5s 1947-Q Mar 25
Cent Manhattan Props 5s'46M&S f
Central Zone Prop 6s w-s'53 F&A
Chain Store Depot 6s 1940.-M&8
Chanin Building—
1st Leasehold inc 4s 1945.M&S
2d Leasehold inc 2s 1945.M&S
3d Leasehold inc 1st 1945.M&S
Chesebrough Bldg 6s 1948.-A&O
ChicHerald& Exam 6M* '50 M&m
Circle Theatre extd 6s 1946.M&3
Cleve Term Bldg 1st 6s 1941-J&J
Stamped
/

Ext Income 3s 1952

13M

47

103

98

1935

Film Center Bldg 4s

74
23

Feb

1951.

43

Harrlman

60

Court & Re w*

16
23 M

Hartford Times deb 4 Ms "51 M&N

1st 5s (Long Isld) 1951—A&O
Beacon Hotel inc 2-4s Apr 1958
/
Bellevue-Stratford f Phila)—
5 Ms

15

21M

98

6s'47 J&D

10

(N Y C)

Grant Bldg

43

'

31

88

1949

1947

8

^

65

f 6s *51

•

1st mtge 2-4s 1952
-M&S
Granada Apt Bldg 6s 1938--M&S f

52

5M

90

—J&D f

1940

to

Greeley Sq Bldg 6s 1951

Bait Parcel Post 5M"

1st 5s

21

5 Ms

Baker Hotel (Dallas)
1st

32

Garrett Buildings (Chicago)—

6

40

Income

28

18

30

45

30

27

-----------

52

_M&N
103 East 57th St Bldg 6s '41 M&N
s

Park Lexington Co Inc—
1st mtge leasehold sf 3s '64_ J&J

37

J&J

6s 1944

One Park Ave 2d

103rd & West End Ave—
Income 5s June 1 1942

4M

•

27

15M

25
14

6s 1942
A&O
Fox New Academy of Music
1st leasehold 6 Ms to 1941.M&S
Fox Theatre & Office Bldg
Income 3s 1957---Fuller Bldg (G A F Realty Corp)
lst2M-4s (w-s) 1949-J&J

45

28

2

Bid

Bonds.

Ask

1M
13 M

23

Certificates of deposit

13

14

non-cum Inc 6s 1957-M&S
(Los Angeles)
Realty Bid
5s 194:
(W-8)
J&J

Adj

Bid

1956
M&S
40 Wall St Bldg 1st 6s 1958.M&N
42 Broadway Bldg 6s 1939—J&J f
48 St Real'n Corp l-4s..Mar 1952
1400 B-way Bldg 4-5s 1948-J&J
1410 B'way Bldg 3 Ms 1941.A&O
Fox Det Theatre

1st income 5b 1958
J&J / 101M
Debenture 2s 1963
J&J / 80
Ambassador Hotel (Los Ang)—
Non-cum Inc. 4-5s 1950—A&O /
41

Assoc

the closing day of the month preceding the date of issue.

40 Exch Place 5 Ms

Abraham Lincoln Hotel (Reading,
Pa) 1st extd 4-5s 1945
A&O

Y Corp —
Cum income 2-6s July 1
Allied Owners Oorp—

}

101

ESTATE BONDS

REAL

22

24

Banks & Trust Companies
STATE AND NATIONAL BANK STATEMENTS

Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions,
possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*)

as near as

and are
denotes

s silos

Figures of deposits,

capital and profits for the National banks are from the Comptroller's last call; for all other insti¬
being procured by us where no periodic statements are required. For
taken from the latest weekly statement.

tutions they are the latest obtainable, direct returns
the Clearing House banks of New York, deposits are

National Banks
March 26

State Institutions

Capital

National Banks

March 26

ALABAMA

March 26

CALIFORNIA

Cross

Surplus &
Profits

Par

Deposits

Bid

Capital

Ask

Surplus &
Profits

State

Institutions

March 26

Cross

Deposits

Par

Per

Birmingham—
Tr &

Blrm'ham

share.

2,043,421

104,396

50

Sav
600 000 11.195,737

Common

al,714,000
125,000

Preferred

Industrial Sav Bank. d

36,360.809

81.700

e

26

{5a°

1,194,217
70,407,122

27

4,600.000 12,165,451
3.800,000

Preferred-.-

204,751
1,845,495
1,732,333

375,000
1,000,000
1,000,000

J 25
\25

MontgomeryAlabama Nat Bank.

294,762
878,988

4,979,048
19.763,624

82,440

2,558,138

238,919
71,488

300,000
1,000,000

First Nat Bank

3,529,134
27,515,557
24,484,172

30

31

25

25H

100,000
40,000

..

Preferred-

-

-

It

400,000
120,000 i
200,000
342.500

2,724,250
1,61b,164
1,612,190
1,559,704

Selma National Bank
Selma Tr & Sav Bank d

221359
106,404

16
16

10
10

United States Nat Bk d
San Francisco—

%h

& Savs Assoc

102

98

100

Bank of America.
Bank of Canton

25

100

Bank of Montreal—

100

Canadian Bk of Com
Crocker First Nat Bk

Yokohama Specie Bk
American Tr Co-

Nomi nal.
Per

186,662

550,000
247,500

917,770
191,350

3,726,900

share.

100

Phoenix—
First Nat Bk of Ariz.
Phoenix Sav Bk & Tr

18,578,410 t 20
4,447,930 t 25
N

Valley Nat Bank—

600,000

Common

Preferred-

1,196,600

jl,481,885

40.975.579

o

re

cent

sa

{ox

les

Tucson—
Sou Arizona Bk & Tr

250,000

534,557

10,212,941

les

100

glO

21H

13,588,557

\ 25

35

9,264,449
3.329,904

100

"85"

100

125

6,326,670 187,086,846
8,018,954 125.147.510

20

273,659
64,449

125

100

50.000,000
1,500,000
500,000
1,000.000
1,300.000
6,000,000
6,000,000
dl,000.000

150"*
6

*5H

80 *108

68,373,408 1461398667 12
312* 3434
#
/2,217,422 18,854,965
i
3,549,468
138,859
100
i
296.031
5,281,278
100 "212" 216"
i

471,201
19,614,473
100
8,261,136 148,964,949
100
*9,116,010 165,837,882 1000
i
335,835
100
8,568,193

174

171

320
287
10,000

9.000,000 8.769,254 282,325,070
431,450
6,336,192
1.200.000 i

100

"75"
285

p

{20

-

270

292*
482*

262*
2*

44

-

-

-

(100

Preferred.--.-

1100

435,300

Stockton—
First National Bank.
Stockton S & L Bank

200,000
1,000,000
375,000 i

100

N

0

4,962,183
11.523,056
2,689,222

100

re cent

100

sa

60,000

Dep Bk—

560,880
760,057
155,186

149,703

1,875,560

20

100.000

) 144,503

les

State Institutions

ARKANSAS

March 26

26,076,728

Common
7,500,000 19.901,526 293,587,658
Preferred
7.500.000
San Jose—
First National Bank.
904,109 10,707,055
100
600,000
Santa Ana—
Commercial Nat Bk. d
1,800,570 12H
142,882
139,750 i
First National Bk—
Common.-..---.
9,268,444
564,700 i 222,179

Union Safe

National Banks

50

Fargo Bank &

Union Trust Co

March 26

Bisbee—
Miners & Merch Bk.

4,107.210

| 770.770

National Bank
dl7,920,000
Bank of Calif, N A..
6,800,000
b
Bank of Amer Nat Tr

Wells

250.000 i

138,033

0

Anglo California

State Institutions

ARIZONA

250,000
485,000
600,000
270,000

Security Tr & Sav Bk

Pacific Nat Bank

March 26

re cent
sa

N

B

62 H

61

175,000

i

dl,750,000

The San Fran Bank-

National Banks

100
100

100
100

Diego—

Preferred

25
20

Selma—

City National Bank.
People's Bk & Tr Co. d

uan

First Nat T & S Bk_
San Diego Tr & S
Common

25

Union Bk & Tr Co—

Common

33,166,550
1,848,880
6,288,561
1,411,688

899,323

245,250
145,000

American Nat Bank. d

Mobile—
Amor Nat Bk & Tr Co
First Nat Bank
Merchants Nat Bk__

Merchants Nat Bank d
Sumitomo Bk of Cal. k

share.

1,858,084
184,565
138,634
49,948

956.250
50.000

San Bernardino—

100

First National Bk—
Common

Per

Sacramento—

Capital Nat Bank— d
Citizens Bk of Sacra.

100,000 k

Bank for Sa vs. & Trta.

Ask

Bid

Nom inal.

Nomi rial,

March 26

Nom inal.

Fort Smith—

Per

275,000
500,000
500,000 •;

City National Bank.
First National Bank.
Merchants Nat Bank

137,757
622,126

554,934

2,360,886
8,151,745
10,152,741

share.

100
100
25

Nom inal.

Colorado Spgs.—

Little Bock;—
Commercial Nat'l Bk

300,000
200,000

Peoples Nat'l Bank..
Twin City Bank

651,972
155,775
43,921

100,000

11,804,694
4,575,821
1.235,464

20

N

25

re cent

25

sa

o

les

Union Nat Bank—
Common
Preferred

300,000 1
185,500

.

W B Worthen Co

444,942

663,000

-----

441,006

15,256,325

Colorado Spgs Nat B
Common

Preferred class A__

120

First National Bank.

100,000

8immons Nat Bank.

400,000

114,625
1,049,269

2,326,659
11,890,039

50

American Nat Bk

Common

400

Preferred
Colorado State Bank
Denver Nat Bank—.

National Banks
'

CALIFORNIA

First National Bank.
National City Bank.

State Institutions
March 26

Union National Bk
U S National Bank..
.

Nomi nal.
Per share.

Long BeachFarm & Merch Bank 1,000,000 i
Western Tr & Sav Bk d
225.000
Los Angeles—

811,639
236,272

18,162,662
3,428,028

N

100
50

re cent
sa

Common

5.000,000
800,000

J3,972,806

114,835.038

125

18

les

Savings Bank

Common.--..
Preferred

-

Union Bank & Trust.

5,576,898 120,688,403
5,489,271 141,092,685

24,000,000 132712060 575,994,943
8,000,000
2,500,000 12,779,816 38,843,134

19

20

20

21

100

350

405

{25
50

40

"90"" ~95~~

Oakland—
Bank of Commerce..

331,600 i
87,032
2,000,000 2,639,906
300,000 i
289,170

50

3,547,540
45.628,547
12,175,410

100

511,444

5,678,093

100

14,493,799

J 25

Pasadena-First N Bk d

550,000 11,097,099
450,000
150,000
72,755

Security Nat Bank..

300.000

Central Bank
Farmers & Mer Sav.

Pasadena—
Citizens Ooml Tr & S
First Tr & Sav Bk—
Common
Preferred




300,000

297,501

500,000
350.000

100

100

717,320
98,068

9,365.393
5.611,347

100

1,000.000 11,849,745
400,000
60.000
137,655
1,260.000 2,496,062
1.500,000 3,996,784
d
100.000
43,319
d
100.000
32,842
550,000 2,502,161
500.000 2,346,723

Mlnnequa Bank....

500,000
30,000

Pueblo Sav & Tr Co
Common

100.000

Preferred

*

5,000,000
3,000,000

\100
6,446,594
9,020,656

50

194,000

1,746,828
170,891

| 116,426

40,973,016 /100

1100
1,848,998 100
50
35,739,168
64,827,048 100
1,517,159
973,938 '160
100
27,568,129
100
19,708,461

22,421,237
2,193,456

0

les

.

100

4,917,834

N

re cent
sa

/100

100

1100

140

Citizens Nat Trust &

Farmers & Mer Nat

International Tr Oo.
Pueblo—

First National Bank.

0

California Bank—
Preferred

2.642.697 [100

387,694
416,693

Colorado Nat Bank

100
100

share.

Denver-

Central Sav Bk & Tr d

Pine BluffNat Bk of Oommerc- d

March 26

65,000
300,000
300,000

Exchange Nat Bank.

120

20,798,511

Per

Colorado Sav bank.

25

arrangements were made.

Savings deposits.
d Common and preferred stock outstanding.
May 19. 1938.
/ June 30, 1939.
Revision San Diego First National Co., controls 97% of the stock of
the first National Trust ^ Savings Rank of San Diego, Calif.
i Dec. 30, 1939.
k Oct. 2. 1939.
I Last sale price.
n New stock.
p Par value 100 yen.
c

\25
2,580,356
3,943,956

20
100

Sale price.

t Controlled by the Transamerica Corp of 8an Francisco. Calif.
Outstanding preferred stock consists of $1,014,000 1st pref. of $20 par
value and retirable at $50 a share, and $700,000 of 2nd nref stock.
*
b On May 13, 1940, stockholders of the Bank of America National Trust
& Savings Association, San Francisco, Calif., adopted a plan to increase
its capital by $30,000,000 through issuance of 600,000 shares conv. pref.
stock to sell at $50 a share and yield an annual dividend of $2.
Present
stockholders have first rights, expiring May 27, 1940, to subscribe for new
pref. stock on basis of three shares for each 20 shares of common stock
owned.
Any unsold portion of above issue was to be disposed of through
public sale, but due to disturbed international conditions, alternative
a

128

e

g

National Banks
March 26

CONNECTICUT

103

AND TRUST COMPANIES

BANKS

June, 1940]

National Banks

State Institutions
March 26

Surplus

Capital

Surplus &
Profits

Hiaml—

Nomi nal.
Per

share.

First NatBk ATrOo

$
600,000
Preferred
1,455,000
Black Rock Bk A Tr. 1
139,364
100,000 n
Bridgep't City Tr Oo 2.200,000 nl ,580,349

| 324,001

._

27,780,588

{7

6

5
b

7H

1,988,584
30,429,261

&k

42

45

25

30

32

26,000
122,500
25,000

1,938,952

1100

2nd preferred...

West Side Bank—

Common..
Preferred

■

165,000
97,000

Jn

49,460

„

25

30

25

23

28

30
100

500
115

50

55

10

26^

1100

239,972
1,248,775
1,085,520

Glastonbury Bk A Tr

300,000
150,000
1,150,000
100,000

Hartford Nat Bk & T
industrial Bank
Pnoenlx St Bk A Tr.

4,000,000
100,000
1,600,000

4,529,006

East Hartford Tr Co

100,000
4.000,000
100,000

160,446
4,453,195
219,651
181,906
119,313

Conn River Bkg Co.
First National Bank.

Hartford-Conn Tr Oo
Park Street Tr Oo
Riverside Trust Co.

170,071

Slmsbury Bk & Tr Oo
80 End Bk & Tr CoCommon
Preferred

50,000
60,000
500,000
200,000
100,000

Travelers Bk & Tr Oo
West Hartford Tr Oo
-Windsor Trust Co...

3,895,567
7,739,359
17,515,197
1,790,912
81,497,234
252,077

25

100

834,978

300.000

Per

130
130

100

100
100

share.

160

100

14,616",016

25

44

3,925,199

100

110

125

22,880,930

100

135

160

35

40

Orlando—
132.000
68.000

Preferred
Florida Bank

392,598

6.652.227 I

100.000

314.499

6,124,761

20
20
100

200,000 ol,092,944

13,333,929

100

482,971
150,357

5,953,566
3,631,789

100

1,420,464
2,347,791

100

.100

......

Palm Beach
First National Bank.
Pensacola—
American Nat Bank.
Oit A People's Nat Bk

28

400.000

200.000

St. AugustineExchange Bk St Aug

100

'68"

200,000

37,565
46,883

200,000

384,348

10,553,668

25

100,000
1,250.000

44,789
617,205
1,192,739
n
182,606

1.071.228
18,606,244
19,953,398
2.110.590

100

100

125

100

100

125

100

150
60

175

73,984

2,127,541

100

307.783

8.313.591

100

75,000

25

63

25

50

Tampa—
Broadway Nat Bank

25

13

Exchange Nat Bank-

43

First National Bank. ol, 000,000
First Sav A Tr C0
500,000
West Palm Beach
Fla Bank A Trust Co.
100.000

25

I

St Augustine Nat Bk
St. Petersburg—

285

25

28^

60

44,249,652
2,166,366
53,826,075
3,813,107
3,959,760
2,056,969

60,384

1,212,370

20

943,348
475,631
139,693

11,456,076
4,162,084
1,769.108

100 1/100

388,333
94,417
108,528
53,989

6,113,800
1,745,575

25
25

12

5,815

125

21
15
140

1,599.672

100
25

10

2,825,946

100

97

105

35,681.

1,191,725

\

100

100

70

15

164,142

}.

r

$
3,013,669
41,818,272

Florida Nat Bank

201,468

2,177,954

250,000
125,000

_

100,000
400.000
100,000

Common

1100

Hartford—

Capitol Nat Bk A Tr

Ask

Bid

First National Bank

2,018,442 J 25

258,330

158,674
901,578
84,187
417,863
126,202

1,200,000

First Trust Co
Florida Nat Bk A Tr
Little River Bk A Tr
Miami Beach First
National Bank

[ 25

1"

$
200,000

Amer Bk A Tr Co
First National Bank.

North

End Bk A Tr
Common
1st preferred..

Par

Nomi nal.

BridgeportCommon

Qross

Deposits

Ask

Bid

Par

A

Profits

Capital

Cross

Deposits

State Institutions
March 26

FLORIDA

March 26

5100
100

West Palm Beach At¬
lantic Nat Bank

175

25

200.000

35

Merlden—
Home National Bank
Merlden Nat Bank..
Merlden Tr & 8 D Oo
Puritan Bk & Tr Co.

\

500,000
150.000
100,000
150.000

a

212,500

(

20

n

Co

112,625

a

first Nat Bk & Tr Co

Common
Prior preferred

882,0(00
315,000 •1,180,237
920,000
1,088,454
800,000
750,000
1,000,682

Oonv preferred
New Haven Bk NBA

Second Nat Bank..

Trademen's

Nat

68

72

Fulton Nat Bank—
Common
Preferred
Ga Sav Bk A Tr Co—

50

73

77

3,167,756 1100

10,101,519
14,139,163

40

45
ilOO

115"

\

545

50

125

AugustaGeorgia RR Bk A Tr

Bk

Common

170,000
170,000
1,458,700

Preferred._.
On AN Haven Tr Oo

'

95,370

Citii

1100

1,218,814

16,877,661

556,254

4,976,344

"no"

100

114

100

New London—
Nat Bk of Commerce

300,000
a

Wlnthrop Trust Co..
Norwich-

342.832

o

212,500
550,000
200.000

Thames Bk A Tr

Uncae-Mereh Nat Bk
Stamford—
First-Stamford Natl
Bank A Trust Oo.

1

1

1.000,000
200,000
700.000

fidelity TitleATr Oo
Stamford Trust Co..

2,388,394
1,956,327
907,883

422,505
192,697

3,462,037
1,808,671

1,354,159
732,896
1,180,748

300,000

122,934
183,979
68,663

13,286.724
5,769,026
9,754,528

o

re cent

50
100

sa

les

100
25

19

100

110

120

600,000

.I
Water bury Trust Co

12,262,663

300,000 1
264,290
184,000
2,223,847
300,000
218,458

Common.......
Colonial Trust Co

962,962

9.210,363
3,668,669

500,000

990,000

750.000
r5,ooo.ftfto

250,000

9

Otiy Bank A Tr Co..

342,486
3.541.656

:

140

148

100

165

175

Liberty Nat Bk A Tr

100

140

148

Savann ah Bk A Tr
Citizens Bk A Tr Oo

160

100
25

14 M

150

100
100
100

100
100

14 J*

13 J*

100

10

13 H

3,609,091 105,994,370
5,367,356
332,860
5.641.397
267,704

500,000
645,000

100

80

85*

100

55

60

1,657,637

100

30

50

200,000 I

Common
Debentures

152
13 H

tio

3,609,091 105,994,370 t 10
100
1,646,540
94,835
10
7.106.396
277,667

Savannah—
Oltix A So Nat Bank. r5,000,000

14H
27

13H
25

100

100

7,127,565
2,221,365
2,094,409
1,288,696
3,758,101

1,119,595
142,769
224,629
n
51,277
n
347,370

110.000

a

share

250
38,360,370 J100 225
1100
100 "75" "85"
3,732,254
775
100
725
36,271,248

10,606,653
673,224
3,609,091 105,994,370
3,506,010
295,312

500.000

e

100

104,166

122,000

27H

32

5,990,649

jl,599,514

475.000

9
850.000
First Nat BkofOol..
200.000
Fourth Nat Bank
200.000
Home Savings Bank.
75.000
Merch A Mech Bank
200,000
Macon—
Oltix A So Nat Bank. r5.000.000

First Nat Bk A Tr Oo

Wateroury—
Oitis A Mfrs Nat Bk
Water bury Nat Bk—

A So Nat Bank-

Nat Exchange Bank.
Oolumbus—

1.000.000
a

Columbus Bk A Tr..
N

New London City

National Bank...
Union Bk A Tr Oo

100
823,578
122,178
3,609,091 105,994,370 t 10
10
6,810,395 128,203,194

n

Trust Oo of Georgia. e2,000.000

67

44

f 50

28,247,726

Institutions

March 26

Per

Atlanta—
American Sav Bank.

200,000
Citis A So Nat Bank. r5.000.000
First National Bank
5,400,000

Community Bank &
Trust

State

GEORGIA

March 26

Nomi nal.

New Haven—
^iner Bank & Tr Oo.

National Banks

32

25

85

National Banks

100

55

March 26

State Institutions

IDAHO

March 26

Nomi nal.

National Banks

DELAWARE

March 26

State

Per

Boise City—

Institutions

750.000
550,000

Common

Nomi nal.
Per share.

Wilmington—
Central Nat Bank
Farmers' Bank

316,314
210.000
500.000 4,575,783
625,000 1,149,195
727,500
203.175
915,535
1,000,000
1,500.000 t2,783,697
672,600 nl,035,340
4.000,000 12,257,455

Industrial Trust Oo.
Union Nat Bank

Delaware Trust Co..

Equitable Trust Oo.
Security Trust Oo
Wilmington Tr Co..

2,600,687
18,088,448
3,594,591
4,323,811
12,941,888
20,668,049
11,053,103
87.621,920

100

110

50

Preferred
First Security Bank. a1,050,000
Boise Trust Co..
125.000

62

100

165

25

63

60

200

215"

Per

Washington—
City Bank

a

Columbia Nat Bank
Bank of Co mm A Sav
Hamilton Nat Bank.

Liberty Nat Bank
Lincoln Nat Bank
McLachlen BkgGorp

475,000
250.000
100,000
1.000,000
500,000
400,000

a

Nat Bank of WashNat Capital Bank
Nat Metropol Bank.

340,000
1.050,000
200,000
800,000

100

3.000,000 15,568,122 113,242,655
Preferred
1.000.000
Second Nat Bank
a
488,263
500,000
9,690,996
Secur Sav A Com Bk a
433,226
510,000
8,811,136
Amer Secur A Tr Go.
3.400,000 5,478,557 54,460,294
Nat Sav A Tr Oo—
Common
Income debentures

1,000,000
250,000
2,000,000
1,000,000
1.000.000

Munsey Trust Oo
Union Trust Oo
Wash Loan A Tr Oo.

J2.151.845
1,226,550
1.860,746
2,599,806

25

sa

0

re cent

les

100

State

ILLINOIS

Institutions

March 26
Nomi nal.
Per

212,608
331,982
45,907

4,356,482
5,814,437
3,511,525

100
100
100

a

100.000

300.000
348.500
150.000

47,537
225,528
278,701
193,926

1,398,630
2,881,487
6,225,638
2,798,921

100

a

a

N

shan
0

re cent
sa

les

First National Bank.

8t. Clair Nat Bank..

100

100

30

100

260

275

100

125

150

Chioago—

100

200

100

300

20

30

32

100

168

180

100

190

50

220

Aetna

State

Bank..

a

400 ,000

Am Nat Bk A Tr Oo. al.600 ,000
200 000

Austin Stat" Bank.

Beverly State Sav Bk
Central Nat Bank—
City Nat Bk A Tr Oo

58

i380 ,000
100, 000
300, 000
4.00(1, OOll

Avenue St Bk Oak Pk

100

121

100

150

175

100

265

275

Cont 111 N B A Tr Co 50.000 000
Oont Nat Bk A T Co
1,500, 000

[100

250

270

Ooemopolit'n Nat Bk
District Nat Bank-

100

101

60

169

100

225

18,182,831 (100

Common

75

100

194

87
70

50

100

,

250, 000

3,930,665
75,844
1,559,835 67,633,536
167,650
5,986,291
7,249,745
250,221
111.270
2,771,488
265,665 10,368,341
3,418,292 152,349,468
47,775,605 1301971930
439,182
555,684 t
3,703,528
76,132

104 000

77,839

a

440 ,000

Drovers Nat Bank..
1.000 ,000
First National Bank 30,000 000
First Nat Englewood
200 000

200, 000

100

7,935,510
183,112
1,031,149 32,258,738
38,136,603 1021940 290
5,222,368
781,782
7,478,258
280,963

20

30

100

190

200

40

20

23

40

27

32

100

100

10

15

18

100

92

98

33»«
100

69

71

100

175

20
30

17

21

40

25

30

3,661,943 I

96 000

Orexel State Bank..

Balsted Exch N at Bk

100

a

...

Preferred

185
235

—

6,020; 446
12,450,058
25,097,739

100

160

10

share

Riggs National Bank
Common

28,330,866
78,273

160,000
300,000
375.700

Belleville Save Bank.

2,149,020
10,114,912
5,750,111
4,177,288
28.461,342
7,975,359
11,723,223
5,976,705
11,160,523
2,455,604
28.974,273

1,286,866
n
56,820

Aurora—

Belleville Nat Bank.

Nomi nal.

86,232
n
510,274
622,761
326,508
1.169,520
471,755
978,944
233,016
821,630
208,356
1,870,850

N

Belleville—

DIST.OF COLUMBIA ^^Marchwt"1*
145,000

100

135

50

National Banks
March 26

68

Old Second Nat Bank

a

25,899,890

42

25

Merchants Nat Bank

Anacostia Bank

11,025,140

300

25

Aurora Nat Bank—

March 26

share

Idalst NatBk ofBoise

March 26

100

150

200

160

100

190

195

100

210

230

100

175

185

105
80
*

Sale price.
t Branch of Savannah.
Include* preferred stock

225

a

ft
or

debentures outstanding.

b Retirement price.

National Banks
March 26

FLORIDA

c

State Institutions
March 26

June 30,

1939.

d Member of the Atlantic Group in Florida.
e

Nomi nal.

Jacksonville—

Per

Atlantic Nat Bank
43,000,000
Barnett N B of Jack1,500.000

Florida Nat Bank.

gl .500,000

Bpr'field Atlantic Bk

50,000

1,519,593
1,781,189
1,554,489
37,133

60,973,958
31,223,989
42,013,888
1,127,554

10

100
25
100

10H
205

26

210
28

g

Member of the Florida National Group.

h Affiliated with the Barnett National

i April

0

100.000




203,216

1,977.653

25

30,

Bank of Jacksonville. Fla.

1940.

I Last sale.
n Dec. 30, 1939.
o Directors on May 23, 1940, voted to increase the surplus account of
the First National Bank in Polar Beach, Fla., by $100,000 taken from the
k New

reserve
r

Lakeland—
Florida Nat Bank

share.

Affiliate of the First National Bank of Atlanta, Ga.

stock.

account.

Combined statement.

t Trust funds.

y

Stock all owned by Travelers Insurance Co.

x

Ex-dividend.

'

BANKS

104
National Banks
March 26

250.000
500.000

Common—
Preferred

412.260

.325,000
300.000

....

Liberty Nat'l Bank
Live Stock Nat Bank
Madison-Crawford
Natl Bank
Main State Bank..
MerchandiseNat' IBb
.

500.000

600.000
200.000

Metrpp State Bank.

200.000
400.000

Mid-City Nat Bank

.

Milwaukee A v N't Bk
Mutual Nat Bk of Oh
Nat Bk of Hyde Park
Nat'l Boulevard Bk.
National Security Bk
Nat Stkyds Nat Bk.
North Shore Nat Bk.

200.000
400 Oft(>

200,000
300 000

1,000.000

200,000
Oak Park Tr&Sav Bk
500.000
Personal Ln & Sav Bk 3,000.000
Pioneer Tr & Sav Bk i 750.000
Sears-Corn State Bk
200.000
Skala Nat'l Bank...
200.000
South East Nat Bank
200.000
South Shore Nat Bk.
200.000
120.000
200.000

400.000
300.000

800.000
Drovers Tr & Sav Bk i
544.000
East Side Tr&Sav Bk
200.000
Harris Tr & Sav Bk
6.000.000
Lake snore Tr & S Bk <
Lakeview Tr & S Bk.

736.000

Elgin—
Elgin Nat'l Bank

JX

82

14

225
58

62

165

173

11,226,193
3,398,761

25
100

8,834,508

100

2,431,911
3.156,834

37

30

'186*

i60"

100

100

122,839
500,000 2,085,658
250,000 n lo7,338
43,020
50.000 n

2,920.513
33,419,110
4,900,053
1,077,779

25
100
20

N

o

re

cent

1

sa

lee

184,298
224,436

3,064,195
4,426,839

100

63,070

1,550,606

(100

n

200,000

People's Sav Bank.. i

150.000

Coun Bluffs Sav Bk.
First National Bank.
Oommon
Preferred

150.000

State Savings Bank.

100.000

85.037

1,896,035

100

Davenport—
Davenport Bk & Tr.

600.000

2,089,238

31,052,364

100

750,000 11,015,629
250,000
141,009
150.000

22,428,549

(25

2,971,718

100

650,000 11,166,072
450.000
76,231
15A ftoo
50,000 n
31,870

25,867,626 (100
1100
50
2,087,252

1,750.000 11,244,051
1.250,000
319,295
150.000

45.482,723 (100
1100
5,641,061 100

80.000 I
20,000

100

\100

Oes Moines—
Oommon

....

Preferred

Oap Olty State Bank
Cent Nat Bk & Tr Oo
Oommon

...

Preferred.
nes MoInesBk&TrOo i
First Fed State Bank

32

100
100

68
200

73
210

100

Preferred
Val'ay Sav Bank

Dubuque—
First National Bank.
Amer Tr & Sav Bank i

100

100
100

75
100

80
110

23
285

28
295

100
100

60
270

170

400,000
250,000
300.000
250.000

Woodbury Oo Sav Bk

100.000

517.745
178,676

n

100

10,221,951
5,169,461

100
N

100
100

100

65

180

National Banks

75

merican Nat Bank,

150.000

17

18^

irst National Bank

250.000

20

50

51

163,204

5,098,935

{ 50

50

55

126,483

1,661,842

100

60

65

15,125

632,499

100

20

25

100
100

N

10
6.700.000
6,007,561 A100
7,638,163 100
6,667,808 100
2.608,660 100

295,000
320,735
397,777
250,240
119,153

sa

Dec.

30

Nomi nal.
Per share'

les

Kansas

102,685
258,516

3,977,796 / 66*3

100

65

no" 115"

100

35

100

30

50
35

btnm'l N Bk of K C
Common

300,000 1

«...

200.000

253,471

100.000 g

173,778
73,000
229,796
503,283

150,000
150.00C
50,000

E

i

Security Nat Bank..

Third Nat'l Bank

328,741

First National Bank.
Leavenworth N«
c
Mannfac'rs Stat
£

500.000

345,188

First National Bank.
Illinois Nat Bank

500.000

769,883

300.000

Springfield MarineBk

500.000

349,797
534,078

11,585,270
6,139,095
9,607,933

100

600,000
400.000
77.500
200.000

10,174,324
5,626,443
13,241,210

100

180

190

50

110

120

Kaw Valley State Bl
k
Merchants' Nat Bk.

100

1.30

140

<

a

£

Oommon

.

_

Topeka State Bank..

.

March 26

INDIANA

State

Institutions
Dec. 30

<

Ev&nsville—

Per

E

Indiana Tr & Sav Bk.
Bank.....
1

500.000
100.000
150,000
137.500
100.000
500.000

1,013,475
185,740
34,932
21,404
52,193
808,515
42,179

223.500

15,202,516
1,294,489
1,387,128
1,422,578
1,044,113
13,247,592
1,801,026

100

100 000

418,652

,

Mutual

1,665,000

1.200,000

745,559

12,031,786 HOC
1,376,296

1.042,615 rioo

405,733

100

2.728.224

100

0

593,738
7,597,478

100

9,633,335

150

1,542,273
1,385,524

59,240
215,042
611,182
35.875
40,662

100

100

100

175
110
110

100
100

100
150
100

75
125

125

110.000 1
90.000
100.000

176,175

100

29,106,920
25,181,439
1,103,025
2.590.225

100

100

[g

150
101

100

100

Oommon.
t

<

14,941,994 (100
[100
8,285,911

100

3,879,209 J 62i,

\62',

State Institutions
Dec. 30

KENTUCKY

March 26

21,248,301

Nomi nal.
N

People's Tr & Sav Oo

Qary—
Gary State Bank
Gary Tr & Sav Bk..

400,000

778,617

,

15,685,176

340,000

250,000
300,000
400.000
200.000

20
20

25,298
1,283,730

1,162,744
12,130,277

16,859,829
3.718,447

100
100

o

re cent
sa

les

20
20

897,399
46,291

'




50

30

35

10

6

<

300.000

280,732

3.283,969

100

133

83,604

1,597,589

10

4

1,269,157
375,416

12.916,241
3,154,415
3,003,383
3.786,494

16

Flrzt Nat Bk & Tr Oo
lecond Nat Bank...

200,000
340.000
1.000.000
150.000

alO

Onion Bank & Tr Oo

150.000

Security Trust Oo...

590.000

13

,

262,689
245,000

250.000

j 702,321

19,657,258

135

H

10

I

45*

103"

100
100

100
300
215

225""

100

355

365

70,959,794 1001
9,631,580 10°1
43,177.392 100
26,273,767 2X
2,689,443 100
5,608,019 100
17,828,780 100
1,658.734 100
10
17,447,776
1,452,504 100

260

270

120

126

50

Louisville—
Citizens' Union N B.

1.000.000
2.000.000
1.000.000

525.000

First National Bank.

245

108
142

148,900
510,217

Liberty Natl Bk & Tr <1.800.000
Security Bank
300,000
Kentucky Title Tr Oo SI.000.000
Lincoln Bank & Tr._
750.000

"54"
152

183"

'176

3,146,877
1,740,246
2,665,976
395,266
148,885
1,120,481
O
689,010
136,605
ol,143,920
108.740

100,000
100,000

Fidelity & Oolum Tr.

50

300

Bank..
Louisville Trust Co
United States Tr Oo

100.000

<1.965,000

2%

SX

130
100
132
190

6X
24

28

67

292

Stock Yards

Newport—
American Nat Bank.
Newport Nat Bank.
♦

Sale price.

a

1,795.703
6,029,673

Pref. stock retirement price.

c

N

o

re cent
sa

les

Citizens Union Fidelity unified certificates.

0

Affiliated

with the

g

June 30.

-

100
100

First National Bank of Louisville.

Bancorporation.

< Oommon and preferred stock or capital debentures

20

n

10

x

Dec. 30. 1939.

Ex-dividend.

o

March 26. 1940.

1250

5 Oct. 2, 1939.
d New stock.

1939.

h Member of Northwest

1 Last sale.

750,000

---

248"

240
150

.

J 159.994

19

517,500
150.000

Peop-Lib Bk & Tr Oo i
Oo vlngtonTr&BkgOo i

Oitlzens Bk & Tr Oo.
Common

120

Class A preferred.
Fountain Sq State Bk

.......

16

250.000

Preferred

{100

10

489,854

125

90
100

Indianapolis—
1.000,000 I,455,705 38,076,358
( 10
725,000
I 10
100.000
100
121,163
2,481,671
Indiana Nat Bank.
4,000.000 8,992,037 142.528,373
100
Live Stock Exch Bk
i
200.000
100
201,935
1,301,246
Madison Ave St Bk
50,000
26,733
1,003,476 100
Marlon Oo State Bk. i
65,000
100
12,446
586,431
Merchants' Nat Bk.
1.250,000 2,388,117 36,418,868
100
People's State Bank. i 325.000
60,975
2,374,122 100
Bankers Trust Oo
500,000
380,844
3,483,626 100
Fidelity Trust Oo— i 282,000
143,785
4,839,179 100
Fletcher Trust Co—
Common..
1 500.000 II,233,480 38,438,537
Debentures
760.000
1 000.000
Indiana Trust Oo...
1,175,962 97,592,485 100
Security Trust Oo— i 399,200
100
76,205
4,370,848
Union Trust Oo
1,000,000 2,640,207 34,459,265
100
South BendAmerican Trust Oo.
347,000
93.096
3,391,372
500,000
City Nat Bk & Tr Oo
10
191,336
4,927,623
First Bank & Tr Oo.
600,000
100
492,969 11,035,854
Merchants Nat Bank
250,000 1 248,429
100
4,850,890
8t Joseph Bk & Tr Oo
200,000
136,185
5.363,743 100
Terra Haute—
Merchants Nat Bk.
Oommon
240,000
6,237,788 /1.00
Preferred
250.000
1100
Tsrre
Haute
First

175

200.000

4auk of Commerce..

Oommon

share.

100

343,917
329,342
75,368

4,662,126
5,557,608
6,236,204
1,754,106

Oltliens'Nat Bank..
First Nat Bk & Tr Oo

Lexington—

American Nat Bank.

Nat Bank—
Oommon
Preferred

Per

Covington—

100

Ft Wayne Nat Bank

Oommon
Preferred
Dime Trust & Sav Bk
Debentures

a62^

50

1,087,922

36,134

Fort WayneLincoln Nat Bk & Tr

250

225

100

110
160
110

125

33,375
260.550

k

share.
225

200
160
100

1,328,152
1,318,230

100.000
200.000

Kansas State Bank..

National Banks

500.000
600.000

100
100

881,126

446,979
284,809
6.920
69,481

1.000.000
1.000.000

.

.

Oitlzens Tr & Sav Bk

les

Wichita—

Nomi nal.

Citizens' Nat Bank..

cent

1150

100.000

t

National Banks

o

sa

100

2,253,520
2,815,161

51,020

0

100.000 1
100.000
50.000
200.000
600.000

Preferred

Springfield-

N
re

Topeka—

100

40
40

o

cent
les

Leavenworth—

.

470,092

12,378,031 f 10
I 10
2,990,528 100
1,322,286 100
6,804,011 100
5,215,182 100

168,066
260,391
29,306

0

275,000

Bk.

Kockford—
200,000
244,000

N
re
sa

434.000

60

100
100

3,662,859
4,743,366

City—

Illinois Natl Bk & Tr
I

les

rec ent

75.000 g

State St Bk & Tr Co.

cent

State Institutions

KANSAS

March' 26

65

6,256,216
979,867
703,069
1,552,177

o

re
sa

500

100

Biouz City—
First National Bank
Live Stock Nat Bank
Toy Nat Bank
Security Nat Bank..

290

475

300.000
250.000

50
20

161,527
35,032
39,963
123,225

olOO"

880,955

Bank & Trust Oo:

28

11,124,409
26,373,450
15,755,745

126,049

a 25

\25

lewa-Des Moines Nat

855,044
1,131,071
1,701,900

200,000 \
125,000
200,000
100,000
50,000
200,000

al00

Bankers Trust Oo—

Rlvervtew State

Peoples Bk of Quincy
S'thSideBk of Quincy

Preferred
Peoples Savings Bk__

-

City National Bank.

100

100.000

Debentures
Mercantile Tr & S Bk

Old National Bank—
Oommon

100

Bluffs-

Council

1,587,507
8,159,096
2,280,560

200,000 I
75,000
150,000

Ask

2,367,019
2,951,775

103,158
714,114
180,110

2.000,000
660.000

Common

National Olty Bank.
North Side Bank

Bid

Hutohinson—

Quincy—
B'dway Bk of Quincy
111 State Bk of Quincy

Lamasco

Par

77,123
82.723

125,000
200,000

600.000

South Side Tr& Sav B

Franklin Bk & Tr Oo

Gross

Deposits

Nomi nal.
Per share.

100,000
300,000
100.000

Capital notes

Co.
Swedish-Am Nat Bk.

March 26

%

Burlington—
Farmers & Merch S B
Nat Bk of Burlington
Cedar Rapids—
Guar Bk & Tr Oo—
Merchants Nat Bank

Oommon

20

60

Surplus &
Profits

Capital

United State Bank..

100

500.000 1,5421853' 33,011,446
3.000.000 10,540,592 338,869,728
444,5071
300.000
9,995,197

Amalg Tr & Sav Bk. <
Banco di Napoli Tr.
Ohlc Olty Bk & Tr_.

300.000

11

20

60

200.000

.

Pint Nat'l Bank
Union Nat'l Bank
Peoria—
Cent Nat Bk & Tr Oo
Oom Mer Nat Bk&Tr
First National Bank.
Jefferson Tr &Sav Bk
Common

100

13,087)314

300.000

western 8t?*te Bank.

Pullman Tr & Sav Bk

(10
J10

397 175

Upper Ave Nat'l Bk.
Uptown Natl Bank

Northern Trust Oo

An%X
50 d 77

203,836
486,291
445,134
1,208,240
491,706
81,794
11,556,278

396.224
472,397
383,265

State Institutions

IOWA

Ask

Bid

20

6,918,750
7,029,498
7,700,796
9,688,904
3,918,448
9,301,438
5,481,801
27,223,455
12,506,601
1,230,621
268,636:905

296.000

March 26

5,668,815
130
6,709,927 100 120
265
22,445,806 100 250
130
17,620,539 100 120
130
7,287,377 100 120
90
100
3,560,932 100
112
11,525,636 100 107
20
22
27
7,270,656
110
125
12,318,618 100
11
12
15
3,705,050
215
17,361,176 100 200
130
145
9,195,616 100
42,579,800
5,094,822 ""is ""25"" "32"
50
70
65
10,060,841
100
140
150
6,975,353
180
22,483,257 100 170

85,904
296,030
74,858
101,786
418,987

National Banks

100

960,364
318,002
1,599,320
110,081
542,682
1,670,079
854,649
391,316

i

Terminal Nat Bank.
CJnlv St Bk of Ohlc__ i

13,150,242
28,494,897

141.578

500.000

State Bkof Clearing.

13,178,679

206,670
298,517
1,390,785
592,178
312,509
88,347
211,131
202,521
452,525

200.000
200.000

Mercantile Nat'l Bk.
Merchants Nat Bk.

2,656,534
6,834,707

465,038
1,668,658

1,000.000

|

Nomi nal.
Per share.

S

273,920
256.473

276.000 1

Rasper Am State Bb
LaSalle Nat'l Bank.. I
Lawndale Nat Bank

Par

Deposits

$

Chicago (cona.)

March 26
Gross

Surplus &
Profits

Capital

TRUST COMPANIES

|

Institutions

Stat*

ILLINOIS

AND

outstanding.

National Banks

March 26

Capital

Ask

Bid

Par

Deposits

J10

10,569,628 J100
i 80

34.075,972 (100
1100

90

60,634,034

/ 20

24

59,701.846
1.500,000 11,770,880
1.200.000
3,426,633
208.000
231,403
2.800.000 7.523.356 141,842,725

/20

25

150

300,000
240,000

j 768,910

300,000
200,000

| 602,996

11,543,961

1.000.000
500.000

1.500.000
1.200,000

Hibernia National Bk
Common
Preferred.
-

Nat Bk of Commerce
Common
Preferred.
Louisiana SB & T Co

Whitney Nat Bank.

2.101.355

1,713,383

1.000.000

1,333,513

Commercial Nat Bk.
Confl-Am PATr Co

1.000,000
700.000

913,708
397,036

National Banks

500.000

"25"

35

100
100
100

140

-

-

-

115

110

Common

I

452,920

20

6,332,426

300.000

493,514

4,097,858

728,049

13,274,028

500.000
250,000
100.000
400,000

217,468
6,649,295
517,644
5,700,457
701,125 b 3,612,007
909,615 b 9,614,015

First National Bank.
Merchants Nat Bk_.

714.500

Safe

share.

100

[e 657,551

J100

ilOO

1,000.000

National Bank

100

600.000
400.000

2,498,208

401,892 610,603,096

Lynn—

Per

275,181
1,005,057

138,081

100.000

Lowell—

Augusta—

1,000.000
200,000

7,809,751

Preferred
141.000
Hadley Falls Tr Co.
dl .400.000
Lawrence—
Bay StateMer Nat Bk
600.000

350.000

462,792
831,217
496,804

6,948,579
10,189,595
6,327,527

200.000

75,777

1,890,415

100

250.000

125,866

3.782,982

50

250.000
200.000

969,481

7,256,726

I 10

Mfr's.^Cent. Nat Bk d

9,764,433
7,853,700

254,871

311,000

Appleton Nat. BankUnion Old Lowell

Nomi nal.

8,459,467
10,356,616

6,024.298
2,151,057

200.000

Common
Preferred

March 26

513,111

1,001,195
207,405

n

280.000

100

Park National Bank

80

175

740.409

2,859,720
2,189,347
3,437,069

302,500

Qlouc NatBk of Glou
OHeuces S D & Tr Co

22

70

700,000

7,703,507

252,916
175,208
230,541

300.000

Safety Fund Nat Bk.
Olouoester—
Oape Ann Nat Bank.

Holyoke Nat Bank—

20%

170

710.000

1,042,554

150.000
120.000

350"

Holyoke—

25

First Nat Granite Bk d

327.157

7,941,273
9,065,896
3,811,836

n

Haverhill—

20

Depositors' Trust Co

297,498
615,608

800.000

Haverhill Nat Bank.
Merrimack Nat Bank

Institutions

8tate

maine

March 26

95

20

32,546,178
22,704,185
9,729,439

427,500

Fitchburg—
160

\20

8hreveport—
First National Bank.

400.000

B.M.C. Durfee Trust
Fall River Trust

iio

Amer Bk & Trust Co

Common

share.

Fall River Nat Bank

20

Common
Preferred
Louisiana Nat Bank
Common
Preferred
New Orleans-

Ask

nal.

Fall River-

share.

Per

Bid

Par

Deposits

$

Nomi nal.

Baton RougeCity National Bank

Cross

Surplus &
Profits

Oross

Surplus &
Profits

Capital

105

companies

i "f£L2t massachusetts sta"iTTn'

Institutions

State

louisiana

March 26

trust

and

banks

June, 1940]

37

25

Essex Trust Co

Lynn S Dep & Tr Co
Security Trust Co

38

New Bedford—

Bangor—
Merchants'

Nat

Bk.

Common
Preferred

100

N

o

re

Eastern Tr & Bkg Co
Merrill Trust Co—

20

sa

les

1

20

Peabody—
Warren Nat Bank..
Salem

PortlandCanal National Bank

600.000

Casco Bk & Tr Co
First Portland NatBk

1.000,000

Nat Bk of Commerce

400.000

200.000

e

515,667
213,204
978,201
374,516

500.000

cent

12,959,806 f

Deposit Nat Bk

100

100
21

105

25
25

38

41

Common.

20

8,923,384
4,388,060
17,391,058
7,466,570

38

41

Preferred--

24

34

—

Merchants Nat Bank

Naumke&g Tr Co—

i

10

SpringfieldNational Banks

Stau

maryland

March 26

Institutions
Dec.

nal.

Baltimore-

share.

Bait Oomm'l Bank..

383,215

500.000

960,456
Springfield Nat Bank dl .800.000
1.500.000 3,298,858
1.000.000 nl ,459,301
Springfield S I) & Tr.
Union Trust Co
1 000.OOf
1,933,429
West Springfield Tr
201,104
194.250

6,445,499

Taunton

Baltimore Nat Bank

600.000 11,248,740 41,567,694
Preferred
800,000
Calvert Bank
i
533,688 11,030,424
370,000
Canton Nat Bank.
i
196,815
4,051,280
250,000
Oarrollton Bk of Bait
257,124
1,803,876
80.000
First National Bank.
7,523,116 218,710,519
4.000,000
Nat Cent Bk of Bait.
536,546
400,000
7,294,035
Nat Marine Bank..
811,044
5.971,921
600.000
Western Nat Bank..
624,718
750,000
13,961,953
Colonial Trust Co...
142,963
400,000
2,422,701
1,356,339 42,455,173
2,000,000
Equitable Trust Co.
1.000.000
1,141,087 20,092.774
Fidelity Trust Co..
Maryland Trust Co
Common
1,000,000 lnl760814 42,331,847
1,500,000
Capital notes
Mercantile Tr Co...
1,500.000 3,902,919 27,273,719
Real Estate Tr Co..
600,000
275,616
1,578,948
Safe Dep & Trust Co
2,000.000 4,215,255 46,055,446
Union Trust Co
3,000.000 n2,083,979 50,080,336

120
90

50

..

100

_

Mechanics Nat Bank

2

10

49

100

80

30

50
31

f.10
50

100
100
10

50

d

201,911

300.000

Worcester Co

Common
Capital notes
Second Nat Bank

500.00U

150.000
291,000

Common

Frederick—

1,500,000

17"

15
65

70

14

6%

16

*240"

255"

65

395

405"

7

8%

National Banks

125.000

Nomi nal.
Per

Bay CityBay City Bank
Natl bk of Bay City
People's Commercial
& Savings Bank—.

85,035
362,503

400.000

7,332,829

974,684
542,933

100.000

Common..
Preferred
Fr'k Town Sav Inst.

West Maryland Tr..

20

N 0

100

re

500,000

n

cent

sa

les

50

93

98

20

41

43

50

100

110

Common

8.250,000 114530391 496,707,907 1

10

31

33

Preferred

9,211,875

1

25

Preferred

-

Mfre National Bank-

20

m

mtm

Nat Bank of Detroit-

4,217,435

{15

Common

100

4,928,456
5.263,829

Preferred

25

127,762

150,000

1.852,178

Wabeek State Bank.
Bankers Trust Co

115
115

4,144,995
1,602,689

100
10

40,000

f

J

200.000

Hagerstown Trust Co

150.000

129,837
359,486

268,504
91.596

Preferred

81,134

—

Preferred

2.000,000
400,000

Un Guardian Tr On.

10

500,000

Wayne Oakland Bk_

100

Geneasee Co 8avs Bk

massachusetts

Nat Bank of Flint—

Nomi nal.
Per

Web & Atlas N Bk
Boston 8 Dep & Tr_

1.000.000
2.000.000

Columbia Trust Co..
Day Trust Co

100.000
d

1,250.000
500.000

New Eng Trust Co..

1.000,000

Old Colony Trust Co

*5.000.000

Pilgrim Trust Co

400,000
3.890.000
700,000

Convertible pref_.
Wlnthrop Trust Co..
Beverly— *
Beverly Nat Bank.

Jn1487945

300.000

Beverly Trust Co.

728,918
4,087,548
234,599
1,777,792
692,330
3,403,378
tt5,226,364
547,385
n7,326,694

100.000

450.000
100.000

n

146,260

50

15,351,451
41,486,752
2,440,615
15,554,397
2,262,704
38,919,846

140

40

45

50

_

Peoples Nat Bank-.-.
Old

J..

--

-----

"ll"

13

1,572,880 f

g

10

3

10

4

5

(

20

41

43

n

g

20

25

4

-

-

-

100

4,776,811
4,530,173

1,000.000
250,000 i
400,000

899,298
392,131
77,511
436,378

250.000
700,000
400,000

113,074
711,275
647,401

1,891,447
9,585,551
9,527,337

\n2479397

47,831,384

n

445,008

n

752,550 g

3,707,684
2,791,045

n

342,420

2,687.742

Preferred

Union Bank of Mich

'195"
305

320

I 10

9

11

12

14

n

357,000

4,111,994
1,713,214

100
100

502,134
562,872

8,245,994
6,970,053

20

37

682,275 b 7,053,466
540,352
4,707,929
1.636,170 522,365,578

100
10

20

18

20

20

10

12

31
-

-

m

mm

18

22

10

-

15

19

10

---

24

26

22

25

20

12

14

7,124,587

20

30

29,359,924

100

I

«.

_

Sale

35
1215

Stock has to be offered to board of directors.

price.

savings deposits.

b Includes
c

200
e

160

28

—

10

♦

Retirement price.

d Common and preferred stock or

304,550
107,015

24

50

)

a

/

30

J
1.000.000
1,125,000
250,000
1.200.00U

1.250.000

Tr. Co.

100

29

20

s

Baginaw—

100

20
20

22,791,265
9,592,973
3,074,527
6,338,724

Kent Bank—

Common.

Saginaw Nat'l Bank- d
Second Nat Bank A

*10
100

10

20
-

.

Grand Rapids—
Central Rank

First Nat Bk & Tr Co d

Michigan Trust Co.

50 a400

I

2,683,311

130

50

9,337,959
91,722,179

12,829,684

share.

39 %
39%
390
395
60
66
20 %
21%

100 a295
100

None

-

Flint—

Merch & Mech Bank

Boston—

10

«•

10

1
687,401
148,412

300,000

10

First National Bank- 27.812.500 53,624.941 726,387,290 12%
Merchants' Nat Bk.
3,000,000
5.710.016 113,291,603
100
Nat Rock Bk of Bos
1,500.000
3.156.017 33,793,868
20
Nat Shawmut Bank. 10.000.000 20,909,397 212,310,212 12%
Second Nat Bank..
2.000.000
6,151,100 101,770,101
25

—

\n2231921 1713,049,306

Olt Com & 8avs Bk_ dl .000,000

NatiZlcnT

18

1 10
1

16,730,595
0
520.074

\

309,660 1
226.340 J

Common

10

1,929,394
6,279,229
4,060,184
2,144.120

23,481,447

Detroit Trust Co—

Hagerstown—
90,000
367,000

750,000 11,250,000
500,000
1,200.000 n 473,693
500,000 n 455,709

Equitable Trust Co—

Common

Farmers & Merc Bk.
Nicodemus Nat Bk_.
Second Nat Bank

Brooktoa

10.517,485

share.

100

2,160,001 ln4114479 163,961,159 J
1
3.570.000
3,000,000 5,472,849 153,004,585

Common

423,067
61,602

150,000

capital notes outstanding.

Dec. 30, 1939.

/ Convertible pref. stock entitled In liquidation to $20 a share.

—

Brockton Nat

2,731.148
6,373,146

972,437

300,000

Detroit Bank—

Frederick Co Nat Bk

Common

30

TJnited Savings Bank
100.000

Farm & Mech N Bk

State Street Tr Co..
U 8 Trust Co—

Dec.

Commonwealth Bank <73.600,000 n2.241,423 665,468,962

«

Oltlsens" Nat Bank.

Fiduciary TrustCo__

State Institutions

MICHIGAN

March 26

Detroit-

1,665,955

117,739

10

1,000,000 \n2508023 638,342,590

Class A-

34"

Liberty Trust Co—
Capital notes

100

46

12

Peoples Bank—
100,000 1
99.500 j

14,287,375
5,593,882

1235
45

25

Tr Co

Common

6,029,015

89,416
178.374

392,000

1,143,577
282,374

248,467

600.000

Guaranty Bk & T Co

Cumberland—
First Nat Bank

2,407,518
4,527,361

100

344,662

200.001
800.000

Worcester-

50

10 *

20
25
100
25

—

Machinists' Nat Bk.
Bristol County Tr__.

10

Common

15,419,770
31,706,176
15,045,252
14,221,755
2.512,847

Talrd Nat B&T Oo_.

30

Bank.

Home Nat Bank

500,000

500.000

g

50

i

Cambridge—
Cambridge Trust Co
County Bk & Tr Oo.
Harvard Trust Co

160.000

300.000
1.000.000

t

20

Sverett—

Middlesex Co Nat Bk

Trust balances.
Dec. 31.

20%
76

80




818,781

10,092,333

10

k Units
n

March 26, 1940

Conversion of the Saginaw State Bank, Saginaw, Mich., to

National Bank became effective May 31, 1940.
t Affiliate

600.000

1938.

I Last Sal*.
s

x

of First National

Ex-dividend.

Bank of Boston.

the Saginaw

106

AND

BANKS

National Banks

MINNESOTA

March 26

Capital

State Institutions
March 26

Par

Deposits

Oily National Bank

k
Duluth Natl Bk
150,000
First A Amer Nat Bk
2,000.000

1,364,797

Ask

1,000,000
100,000
100.000

Western Nat Bank.. k

Minneapolis—

o

Flrst NatBkATr Go

Hennepin State Bank
Marquette Nat Bank
Midland NatBk A Tr
Minnehaha Nat Bk.

100

943,097

66*3

les

100
100

129,694
2,511,074 6100
39,778
1,951,682 e—
46,519
1,920,122 el 00
9,374,427 148,868,278 6 20
982,818 100
32,330
320,533
6,237,898 100
621,586 17,898,133 el 00
55.104
2,058,160 6100

Blooming'n-Lake NB b
Central Nat Bank...
Fifth No'west'n N B.

6,993,805
12,569,861
1,148,560

257,376
498,010
54,560
23,323

400,000

of Duluth

100,000
k
140,000
e
100,000
56,000,000
b
100,000
k
355,000
k
947,775
b
100,000

30

-

Cross
Par

Deposits

Bid

$

Ask

Per

share.

100

120

20

30

32

100

70

80

20

6

100

215,966
4,354,747
924,324
16,735,546
c
433,814
9,238,326
11,604
3,095,002
40,841
3,564,891
400.000
270,680
5,970,666
Llndell Trust Oo
Merc Coin BAT Co- 10,000,000 c7,017,109 184,773,777
Mercantile-Com¬
358,814
6,376,056
350,000
merce Nat'l Bank.
6.000,000 3,243,605 105,737,648
Miss Val Trust Co..
k
39,579
3,113,912
241,559 c
Meund City Tr Oo
312,337
4,360,979
North St Louis Tr Oo
300,000
229,985
2,973,944
100,000
WebsterGroves Tr__

50

Minnesota Nat Bank

■i.

St. Louis (Concl.)
500.000
Telegraphers Nat Bk
1,000.000
Tower Gr Bk A TrCo
1,000.000
United Bk A Tr Co..
496,492
Chippewa Trust Co. it
250,000
■aston-Taylor Tr Oo k

100

cent

Northern Nat Bank.
Pioneer Nat Bank

Surplus &
Profits

Dec.

Nomi nal.

100

100

State Institutions

MISSOURI

Capital

Nom inal.
Per share.

950,373
7,565,459
1,961,700
30,834,169

43,324
346.715
90,000

100,000 i

National Banks
! March 26

Bid

$

Duluth—
600.000

COMPANIES

Cross

Surplus &
Profits

Bank of Oomm A Say

TKUST

85

20

;•

36

100

105

100

110

3

n

25

3Y

24

100

25

20

27

100

26

175

8prmgfield—
Oltisens'Bank

k

Union Nat Bank

k

17,063
458,570
70,259

290,000
589,500
139.500

Southern Missouri Tr k

100

2,762,107
11,099,466
2,319,158

100

N'western Nat B & T

5,000,000 14,581,113 131,089,157 /100
1,350,000
50,616
1,447,348
100,000
15,309
1,262,692
50.000
135.716
1,577,884 elOO
100,000
150,939
3,006,358 elOO
125,000
65,233
1,324,658
79,600 i

Common

2d N'west'n

8

e

I™

Preferred

Produce State Bank.
State—

Third N'west'n N Bk
4th Northwest Nat'l.

University State Bk.

Rochester—
First National Bank- a
200,000
Union Nat Bank
k
125,000
St. Paul—
American Nat Bank- tl .682,000

454,353
75,496

250,000

Nomi nal.

No

re

256,937

100,000 1
130,000

First Trust Co.

Per

cent

sa

les

28,969,174 100
5,171,484 100
2,104,509 100
142,368,796 glOO e* 9%
2,364,400 100
8,524,224 100
6,371,321 elOO

335,227

786,494
41,008

622,378

100
12.420,643
100
1,421,952
14,121,320 g—

600,000

289,679

10,236,132 glOO

250,000
190,000

j 250,460

160,000
100.000 i

Sec Tr A Says Bank.

N

First National Bank.
Miners Nat Bk
Metals Bk & Tr Oo.

10

0

First Nat Bk A Tr Co
Common

$

5,238,129 1100

1

Banks

642,659

100,000
50,000

18,348
636,021
510,348

731,400
297,000

Depos Gu Bk & TrOo
Jackson-State N Bk.
Meridian—
Oltisens Nat Bank..

253,200
320,000
238.000

First National Bank.
Mer A Farmers Bank

10,281,647
1,019,876
13,754,362
8,361,438
3,320,405
3,138,328
4,507,727

147,225
235,441
c

123,329

Common

M

10

—

—

—

—

293,722 j

500,000
300.000

175

100

160

150

165

100

225

250

80
68

50

623^

552,620
888,497

22,765,940
12,753,870

1,500,000
500,000

1,273,099
765,496

29,467,721
14,959,790

Live Stock Nat Bank

65

1,800.000 12.087,265
500.000

Common

70

alOO

20

38

100

160

49,817.822 (100
U00

150

40

h

Omaha Nat Bank—

85

50

Preferred

160

Packers' Nat Bank:
Common

8

2,838,900 (100

121,000 I
79,000
50,000

South Omaha Say Bk

74,394
53,777

924,201

25

400,000 I
170.000

Preferred

1140

------

100

350,000

Omaha—
First Nat Bank

175

100

(100
\100

1,000,000

m

190

5,604,947
5,391,416

302,500'

12,055,163

Nat. Bk of Commerce

100

100

239.409

First National Bank.
—

—

15

12^

350,000 I
284,000

«

Preferred

75

65

(30
|40

Per share.

Lincoln-

FIcksburg—
First Nat ATrOo—
Mercb NatBkATr Co

March 26

Continental NatBk—

share.

Capital National Bk300,000 \

Institutions

State

NEBRASKA

Nomi nal.

Per

Oommerc'l BkATrGo

(100

State Institutions
Dec. 30

Nomi nal.

Pp ofoppaHl

7,975,078 1100

glOO

512,214

Jackson
Oommon

168

100

MISSISSIPPI

March 26

cent

Union Bk A Tr Co-

March 26

National Banks

0

re
sa

Helena—

National

)
|

share

4,875,586 glOO
100
3,303,383
100
3,594,369

200,000

Preferred-

gl .000.000

200,680
187,710
240,881

300,000
100,000
600.000

Midland Nat Bank.. g
Montana Nat Bank.

Midway Nat Bank—
Preferred

March 26

Butte—

1,120,744

First National Bank. (76.000,000 7,292,665
115,900
First State Bank
g
100,000 i
268,610
EmpireNatBkATrCo ek 455,000

Common

State Institutions

MONTANA

Billings—

5,803,959 glOO
2,094,871 100

159,971
77,415

Commercial State Bk jfc
150,000 i
Drov ExchState Bank ok 200,000

Stock Yards Nat Bk. *

National Banks
March 26

253,364

8,007,680

(100

1.191,068

27,804,669

1100

Stock Yards Nat Bk

National Banks
March 26

MISSOURI

Common

State Institutions

e

Preferred

March, 26

U S Nat Bank

-

el. 100.000

1100
100

Nomi nal.

Kansas City—

Per

Baltimore Bank

Commerce Trust Co

Oemmunlty State Bk
First National Bank.
Inter-State Nat Bank
Linwood State Bank.

Merchants Bank
Merc Home Bk & Tr

200,000
192.000

Capital notes
Missouri Bk & Tr Co
Common

9,619.197

J

Preferred

Park National Bank.
Plaza Bank of Oomm

100
100
100

100
100

295
100

200

I

Reno—

Produce Exch Bank.

100,000 i

Southeast State Bk..
South Side Bank—

100.000 i

69,989
43,166
109,209
109,021
57,555

600,000
100,000

Security National Bk

;

170

Nomi nal.

Per

share

100

32,800,900
1,181,8741

—

100

—

—

100'

NEW HAMPSHIRE 'S^a^A^Sch^26^0^,
Nomi nal.
Per share

130
Manchester—
—

Amoskeag Nat Bank

—

—

— — m

'95

"95

200.000

Manchester Nat Bk.

150,000
200.000

Merchants Nat Bank

110

65

50

293,293

616,435 J100
1100
8,287,804 100

550,000

174,011

8,807,294 62 X

50

1,000,000 1
1,000.000

758,506

J iO

9

10

Union Av Bk of Com

100,000

University Bank
West port Ave Bank.
Jt. Joseph—

136,287
26,609
202,669

150
95
150

200.000
200,000
600,000
100.00C
250,000
200.000
200,000
129.000

N

0

100

re

cent

100

sa

les

5,556,088
2,800.807
3.337,827

100

6,282,569
6,060,018
7,073,048

100

280

200,000

558,802
632,085
592,394

100

135

100

80

300
140

105

100,000 i

957,209
620,062
282,054

Nashua—
indlan Head Nat Bk

Common

1,413,384
20,302

225

1,618,972 /100 115
\ioo
1,930,726 100
3,239,520 100 "120
2,461,598 100
1,418,327

1

1

First Nat Bk of Nev. d

325
135

100

NEVADA

March 26

380
78
85
137 H 147^
70
90
450
475

100

March

110,000
90,000
50,000
200,000 i

......

National Banks

120

100

6,216,302
72,566
5,165,436
1,543,217

share.

360

361,698

169,006

Common

110

100

89,434
216,569

79,197
2,115,680

500,000
6,000,000
100,000
2.000,000
500.000
100,000
200,000

■

100

2,389,194
33,197,081
7,017,849
187,938,767
1,354,095
133,091,273
24,940,672
1,695,349
3,366,020

100,000
600.000

City Nat Bk & Tr Co
Oelumbla Nat Bank.

50,000 H

Preferred

50.000
400.000

Stock Yards Nat Bk.
Traders'

Gate

25,962

-

"265"

—

-

Nashua Trust Oo
—

—

225

Preferred

i

100,000 i

American Nat Bank.
Burnes Nat Bank

First National Bank.
First Trust Co

FirstStJoaSt'kYdsBk

Tootle-Lacy Nat Bk.
Mmplre Trust Co
Missouri Vail Tr Co.
St. Louis—

,

27,708,326

107,500 1
92.500

......

Baden Bank

1,078,482

100

1,147,787
2,309,956

100

238,266
277,208
461,135
163,610
101,011
287,526
133,123
97,396

8,084,307
3,808,714
9.909.609

100

N

0

None

100

re

cent

Boardwalk Nat Bank

sa

les

Guarantee BkATr Oo

102,853

2,485,760

4,152,556
8,248,933
2,637,324
1,107,452

100

National

Preferred
Manufacturers Bank
A Trust Oo

600,000

Manchester Bank
Mutual Bk A Tr Oo.-

500.000
500.000

No'western Nat

Bk.
—

88,984

3,498,762

169,980

7,049,663

79,214

s

100

South Side Nat Bk—




NEW JERSEY

State

Institutions

Dec.

,

I

200,000
350,000

590,428
267,541
290,657
460,540
155,896
749,572

100

Per

400,000

500,000

Common

100

Preferred

f 20

4

100

75
29

20

105
105

100

100
17
20

flOO

721,123
268,721

10

419,000 i
400.000

82,140
248,918

690,000

k

Share.

150

100

7,065,145
6,102,960

6

35^
99

23^

3Y

50c

75c

80

549.975

323,135

5,953,217

100

70

300,000
100,000

180,472
115,730

3,036,607
1,014,083

10

6

8

5

3

3H

200,000
400.000

33,995
419,320

2,007,413
9,813,314

Asbury Park A Ocean
—

--

32
—

—

—

Grove Bank
Seacoast Trust Oo

—

—

-----

36^

Bayoane—
Broadway Nat Bk

__

Bayonne Trust Oo__

*

50
100

75

100

75

_::: "20

Jc 86,794

Asbur y PkNatBk A Tr fc

'

-

225,000
1.184,566

1,294,835 (100
1 10

Asbury Park—

15

Retirement price.

* Sale pricew

b First National Group.
c
_____

March 26, 1940.

d Owned by the Transamerica Corp.. San

1,643,881 /100
1100
12,542,298
6,581,371
11,330,981
7.174,787
4,129,033
14,827,379

30

Equitable Trust Co—

Francisco. Calif,

Member of Northwest Bancorporation.
/ Last sale.
gMember First Bank Stock Corp.
h Common capital of the Omaha National Bank, Omaha, Neb., in¬
creased May 22, 1940 from $1,500,000 to $1,800,000.
i Dec. 30, 1939.
k Preferred stock and common stock or capital debentures outstanding,
n Price applicable to 100,000 shares of beneficial Interest, which in turn
represent 3,500
shares of $100 par stock of the Mercantile-Commerce
National Bank of St. Louis, Mo., held by the trustees.
o American National Bank of St. Paul affiliate.
s Member of the Guardian Detroit Union Group Inc., Detroit, Mich.
e

al56
16

20

15

100
50

85
38

20

20

20

20

22

25

30

32

100

50

20

19

Oommerc'l

A Savs Bank

Banks

^

Sec Nat Bk SavsATr

Southern

les

Nomi nal.

Lemay Ferry Bk A Tr

50,000 It
50,000

cent

sa

Atlantic City—

a

...

re

100

100

\20

J

200,000
100,000
580.000

100

1,472,380

March 26

Jefferson Bk A T Co-

Common

3,111,455

100

2,753,153
Boatmen's Nat Bk—
60,812,042
Bremen Bk A Tr Oo.
5,529,811
Oass Bk A Tr Co
300.000
223,704
5,936,687
First Nat Bank
10.200.000 9.096,828 258,174,945
Industrial BkATrOo
750,000 i
677,800 14,426,010

Capital notes
leff-Gravols Bank.

96,958
30,863

0

115

200,000
81,449
2.000,000 2,368,544
400,000 i
327,976

Plaza Bank (The)

250,000
75,000

New Qarno Nat Bk.

Amer Exch Nat Bank

Common

N

100

200.000

Common
Preferred

Common

Common

"V"

First National Bank.
k

Union Nat Bank—

Preferred

600.000

Portsmouth—

City

Nat'l Bank

400.000

SecondNat of Nashua

_____

45

.

AND

BANKS

•June, 1940]
National Banks

NEW JERSEY

March 26

Surplus &
Profits

Capital

National Banks

State Institutions
Dec. 30

Ask

Bid

Par

State

NEW YORK

March 26

Capital

Institutions

Dec.

30

Gross

Surplus &
Profits

Cross

Deposits

107

COMPANIES

TRUST

Bid

Par

Deposits

Per

$

Brldgeton—

102,383
229,449
126,511

O&mden—
FlrstOamNatB&TOo d2,150,000

1,055,663

Farm & Mer Nat Bk_ k

Merchantville
Nat'l
Bank & Trust Oo. d

49,841
220.000
d2.734.7 50 ol,333,940

Camden Trust Co

share.
35
50

$

Auburn-

2,288,053
5,090,299
1,671,470

100
20

8K

25,393,255 12k
1,449,216
36,198,742

482,308
164,050

400,000
600,000
<500,000

1,034,812
610,961
577,447

9,812,449
9,991,707
7,887,857

Nat Bank of Auburn
Auburn Trust Oo
d

Binghamton—
City National Bank.

3

10
3

Brooklyn—State

62,466

200.000

Bensonhurst Nat Bk d
Citizens Bk of Bklyn
Flatbush Nat Bank.

3,279,835 33 k

Klngsboro Nat Bank
Lafayette Nat Bank.
People's Nat Bank..
Brooklyn Trust Co—

Bav Inv & Trust Oo:

Common
Preferred

311,765

95,600

18.784,703

769.165

K

I 1

Elizabeth—

■llxabethport BkgCo

400.000

d

380,745

294,837

National State Bank dl,278,000
Central Home Tr Co d
500.000
Elizabeth Trust Oo__ d
642,456 /
Union County Tr Oo dl.114,345

20

2,912,977

82,222

500.000

_

"15"

1,478,919
93,811

n

500.000

3K

2K

65

60

36,397.514 f 25

North Bergen Tr Oo.

3

Elmira Bk & TrCo..

3

Preferred A

10

Tompkins Oo Tr Co.

27

821,668

50

25

35

53.612,483

—

6K

10

—

m,

—

8

8K

!$K "17K

10
x

<32 t

11,860,506
16,367,473

5,167,096
9,526,371

4

60

100

12,964,835

S Vs

58

20

Jl,518,427

Common

%

5

16

Debentures "B"_.

2,822,552

50

100

25

125

28,504
852,917

7,648,730
6,755,228
1.692,905
10,109,673

The First Nat Bank.

8,104,106
4,304,398
6,973,339

465,239
116,856

566,176
200,000
600.000

Onion Nat Bk&TrOo
Farmers' Trust Co..

o

3,064,667
1,563,786

50

200.000
100,000

440,891

875,609
1,858,129
1,186,121
4,240,369
6,657,557

1,224,806
10,186,415
7,203,688
1,251,452

100
25

49,047,999
27,284,497
3,477,232
2,038,608
37,417,370
161,445,838
18,946,384
3,313,787
4,953,951
10,736,547

100

49,618
395,964
53,437

600,000
884 000
122.837

National State Bank
Clinton Trust Oo
d
Columbus Trust Co.
Federal Trust Oo

1,761,870
2,233,416
60,437

500.000

526.980
304,000
1.622.500

99,164

c

1,209,091
d7,000.000 08,644,390
Merch & Newark Tr.
2.500,000 o1,677,790
Union National Bk
d336,300
154,557
United States Tr Oo.
600.000 o
579,905
West Side Trust Oo.
1.022,425 0 262,400

Fidelity Un Tr Oo

.

New Brunswick
Nat'l Bank of N J... d

860,000

Peoples Nat Bk

300,000

15

1

392,636
498,986

1

150
81

50

IK
IK

8
45

2K
2K

132,077

2,150,440

275,956

10

8
23

6K

5K

24

20

18K

25
50

"18'" "20"

25 b

10

8
N

o

re

cent

les

25

I 10

r30

10

100

Nat Bk of W N Y—

Common
Preferred

100,000
42.750

Jn 33,079

50

\ 50

r50

100.000

Liberty National Bk
Guttenberg
Com-Mer Tr Un City
Gutfb'g Bk & Tr Oo

i

1,000,000
400.000

dl.995,000
145.000

Woodcliff Trust Co.. d

1,425,131

1,418,578
12,047,378
4,337,439
8,994,531
26,958,228
1,516,929

10

2

100

175

10

7

10

25

2

3

30

2,585,796
1.000.000 o
420,508
169,544
64,184
637,060
58,010

32

32,480,648 12K
5,892,528 a 25

35

25

425,000
10U.000
Mid-Olty Trust Co.. d
Plalnfield Trust Co.. dl,150,000
State Trust Oo
d
247.500

o
o
o

5,465,823
1,275,884
16,486,783
4,182,720

100

N

o

100

re

cent

100

sa

les

Paterson—
First National Bk—
Common

680.000

I

Preferred
500,000
Haledon Nat Bank.. d
97,000
Nat Un B k of A mer I ca d
290,000
Paterson Nat Bank..
600,000
Second Nat Bank
1,500,000

607,572

14,767,853

43,827
1,538,488
898,728
1,196,429

Paterson Sav Inst... d2,000,000

6,577,884

60
100

1,536,034
2,619,560
14,623,082
17,740,000
28,232,950

528,349

58

/100
i

'62,178

100,000
45,000

Preferred

.

"75"

100

"63"

70

12

20

50
50

28

30

25

25

26

.

50

1

600,000
594.000

128,587

600,000

Preferred

528,223

750,000

Preferred

200,000

654,561

2,868,217

200.000

52,260
89,861

1,500.000
.874,000

1,192.561
1,088,407

Trenton Trust Co... dl

6

rl2K
18

17,438,124 1100
\ 50

22

100

40

10
100

4

50

4K

15

18

2,222,775
300,000
311,700
745,000
National City Bank. 77.500.000 83,484,856
985,700
Yat8afetyBk& Tr Oo dl .014,300
Penn Exchange Bank
291,000
d475,000
Public Nat Bk&TrOo
7.000.000 10,066,092
Schroder Bkg Corp.
3,303,295
5.000.000
2,552,755
1.500.000
Sterling Nat B & T_.
Trust

10

1

2

50

Woodbury Trust Co.

loo.noft

570,433
447,566
262,262

3,041,586
3,310,531
1,475,653

1.500.000

400,000

March 26

NEW YORK

State

returns

co

60

70

10




1,458,338
6,128,828
4,035,731
696,443

3,505,347
60,203,392
73,176,515
24,833,854

170
710

163
660

1605

100 1565
—

-

—

1

t

4,244,100
15,838,781

1,095,236

1,300,000

1

100

50
46

48

18

22

_.

"20 "76K "79K
39K

41K

30

10

39

20
60
25

10
20

"lOK

12

41K

42K

8K

"9K

100
10
25

10

100
100

220"

205
-

-

-

-

•

—

244

239

100
106
10

_

"9k

10K

25

27 K

35K

28 K
50

30 X
52

3K
88 K

91K

100

32,998,440 144765 203 766.845,114 f

_

20

9,118,520
6,000,000 9,729,307 124,037,066 <
Trust Oo 12,r>00,000 27,984,355 451,217,592

20
5

New York

Pan American Tr Oo

600,000

157,900

Savings Banks Tr Co d29.997,000
6,107,900
Title Guar & Tr Co—
Common
6,000,000 14,145,952
Debenture notes..
6,844,968
Trade Rank & Tr Co. d
567,667
700,000
Trust Oo of Nor Am. d

Underwriters Tr Oo.
U 8 Trust Oo of N Y

306,800
700,000
1,144,292
1,000,000
2.000,000 28,837,687

25
25

4

200

22,419,084
0

12

8,874,697
8,183,800
17,748,833

"10
ioo
100

w

_

2X

13

11
_

80

"

100 1470

90
1520

Jamaica. L. I.—

Jamaica Nat Bank., d

b

Institutions

Sale

3,688,000

339.400

f Marine

price.

Midland

Corp.

Only outstanding stock of People's Bank & Trust Oo. of Passaic.
Includes
Oct.

2,

security

Realty & Security Co.

stock,

1939.

March 29.

1939.

/ Reserves.

h Preference B stock.
i

250,000
1,500.000
2.000,000
First Trust Company dl ,970.000

100
100

& Co

_

e

March 26

Per

Albany

27K "29"

85,749,685
8,297,900
11,076,800
Continental Bk&Tr.
4.000, 000 4,843,834 66,953,210
Corn Ex Bk & Tr Co 15.000, 000 19,663,534 338,316,537
55,400
380,700
500, 000
Corporation Trust Co
Empire Trust Oo
3.500, 000 3,648,254 68,540,164
6,600
392,600
500, 000
Equitable Trust Co.
Federatic n Bk&TrOo
11,175,080
1,407,371
825. 000
Fulton Tr'"t Oo
2.000, 000 2,867,393 26,813,917
15,721,246
Fiduciary T» ost Co..
1,000, 000 2,349,367
90.000, 000 185154 462 2343234641
Guaranty Tr, st Co.
Hellenic Bk & Tr Oo.
390,372
4,106,974
1.000, 000
Irving Trust Oo
fiO.ftbo 000 53,205,500 671,952,300
j p Morgan & Co Inc 20,000 ,000 20,000,000 591,965,866
Schroder Trust Co..
2,284,735 20,183,822
1.000, 000
1,951,500
Lawyers Tr Co.
2.000, 000

c

Nomi nal.

Nat Com Bk & Tr Co

15

13 K
42

13.55

100
039,097,099
120
100 "IIo
6,020,600
43
50
28
olO,155,900
22 K
24
2481178000 12K
12
10
018,909,000 12K
10
0
11K
9K
3,283,400
24
25K
140,982,000 17K
025,522,825
|<N
028,464,969 "25 "23"

date. Mar. 26, 1940.
600.000
195,100

Nap Tr Oo.

is $1 par pref. stock of the

10
50

Albany—
Mech & Farmers Bk_

"330 " 355""

10

0

d Common and preferred stock or capital debentures

National Banks

d 215.

662»

City Bank Farmers'
Trust Oo
10.000, 000 16,578,971
d
Clinton Trust Oo
334,600
725, 000
Colonial Trust Co
470,000
1.000, 000

a

Farm

100,000
200,000

be

m ay
an

100

100

2,000,000 12,251,534 107.267.002
Cent Han Bk&Tr Oo 21,000.000 73,015,066 1155591482
Chemical Bk & Tr Co 20.000.000 57,320,500 726,307,100
man

*

& Mechanics'
National Bank

1940
record

25

50

20
45

100

Woodbury—

First Nat Bk & Tr Oo

rk City and Broo klyn
Sec lion, pages 210,211,212 213, 214

Convertible pref..

8,817,198 / 25
\121s

13,588,854
41,377,718
1,266,712
1,511,000
31,906,237
27,295,914

di ridend

a

52,100 0 7,445,900
650,000
6.000.000 13,924,089 232,657,000
20.000.000 28,627,040 571,150,000

Merchants Bk of N.Y
Nat Bronx Bank.
d

Common

Trenton—
Broad St Nat Bank.
977.500
Flrst-Mech Nat Bk. d3.123,000

banks,

Marine Midi Tt Co..

160

50

U 8 Trust Co-

Common

and

date Mar 26

rofits are of
State

Mfrs Trust Oo:

Citizens Trust Co—

Common

100

.

Prospect Pk Nat Bk
Common

cent

les

ty banks are repo rted net

B'kof Montreal Tr Oo
639,000
267,900
1.000.000
10
Bankers Trust Oo
25.000.000 81,587,900 1176278600
Bronx County Tr Oo d2.642.500
234,500 23,887,300 New
Brown Bros Harri-

Passaic—

Plalnfield Nat Bank.

0

100

807,415 0 7,613,659
1,000.000
Chase Nat Bank
100,270.000 153639738 2974806 000
Comm'l Nat Bk & Tr
7,000,000 8,570,558 116,956,000
Fifth Ave Bank
500,000 4,253,962 55,523.000
First National Bank? 10,000,000 108554 957 737,776,000

Bk of Athens Tr Oo.

20

Passaic N Bk&Tr Oo d2,000,000

Bank of New York
Bk of the Manhat Co
Bank of Yorktown..

Banco dl

100

285,973
160,394
359,100
1,113,898
24,732

lOO.OnO

.

28,993

82,354

142,694

n

ihoav"

re
sa

20

2,605,940 I

Hamilton

Nat Bank
of Weehawken

our "Ra

Grace Nat Bk of N v

100

4,804,975

found in

kmalg Bank of N Y.

16

10
10

(

North A West Hu dson—
IstNat Bk of Un City d
289,283

150.000

10
100

510

19

25

20
<50

N

150.000

New York City— Deposits N ew York Ci
are of May 29,
1940.
Sur plus and p
for National and Mar. 26, 1940,for
of banks and trust companies in New Yo

60

55

100
25 h

12,017,583
6,846,915

471.273

Preferred

525,000

Co

Nat'l

sa

New Brunsw TrCo—
Common

200",000
250,000

Trust

Kingston-

"l25~

Nat Newark & Essex
3.000.000

350

100
15

First NBkof Rondout
Ulster County

Ohautauq Co Bk

Union

110

10
50

Bank of Commerce of

150,000

300
15

100

149,035
108,392
537,602
524,347

861,937
284,154
471,245

Nat

Newark—
Newark
Lincoln Nat Bank
Franklin Waoh Tr Co
Mt Prospect Nat Bk.

r20

"Io5" 102K

100

400.000

200,000
500,000

3

2H

5

25

Bank of Kingston.
Rondout Nat Bank.
State of N Y Nat Bk

5,919

383.295
449,290

o

500.000

65

25

5

250,000
242,500
75,000

...

Debentures "A"

5

r

4

Kingston Trust Co..

230.000

_

State Bank of

—

42

JamestownBank of Jamestown—

Morristown—
First National Bank.
National Iron Bank.
American Trust Co.
Morristown Trust Co
Mt. Holly-

Prospect Natl Bank.
Security Nat Bank..
Trenton Banking Oo

mm — — m mm

29

Leng Branch Bkg Co

People's Bk & Tr Oo.
Plainfleld—

----m

10

415,263

650,000

"5"

25

30

—

Weehawken Tr Co
Huds Tr Oo Un City.

mm-m.

-

-mmmm

51,373,150

150.433
541,548

400.000

r30

100

\

Long Branch—

Banking Co

-

mmmmmm

50

2,124,070
1,153,875

800,000

1,085,578
66.636.098

365,606

4

Trust Oo of N J—

Common

100
100

158,528
2,178,123
7,952,417 97,380,004
6,750,714 166,378,787

-

600,000
4,000,000

.

100

100
68K "73K
1580
100 1500

2,200,000 13,103,223

94,251
100,000
3.400,000 03,442,543
21,678
100,000

1,250,000 1
1.500,000
_

75

50

100
33 h

9,495,100

4"

2,500.000

Lincoln-E Side N Bk d
200.000
Mfrs & Trad Tr Co.
5,000,000
Marine Trust Co
<8.500.000
Elmira—
Chemung Can Tr Oo
800,000

Ithaca—
First National Bank.

Common
Preferred

Bergen Trust Oo
Commercial Tr N J

550,000

Debentures

1

53.081.097
100
3,671,682 37 k

840,000

Common

——

10

225,000

— —

1940

26,
_

—

3%

Liberty Bk of Buffalo

3

1

~l6

Jersey City—.
First National Bank.
2,225.000
Franklin Nat Bank.. d
200.000
Hudson Co Nat Bk—

8.200,000

240.000

mmrnmmm

50 t

Buffalo-

12

Hoboken—
Seaboard Trust Co.

500.000

2

25

7,147,993
16,466,554
3,699,246
4,308,418
13,062,323

71,771
221,694
40,848

e

100

1940.
3,654,7_
3,446,521

184,800
146,549
127,800
381,500
255,700
363,300
7,045,263
6,512,400

200.000

1250

100

Tru st Co. retur
National banks Mar 26,

IK

45

100

B ank &

Kings Co Trust Co..

East Orange—
Ampere Bank & TrCo

100

5,949.—
5,878,011

Marine Midl'd Tr Co

30
45
8

100

400.000
675.000

First National Bank.

243,100
574,000
248,000

Brldgeton Nat Bank. k
Cumberland Nat Bk. k

Ask

Nomi nal
Per share.

Nomi nal.

100

share.

650

Controlled by

k Dec.

31,

Marine Midland

1938.

I Last sale,

100

420

435

n

100

240

255

o

50

18

20

r

Dec.

30,

March 26,

1939.
1940.

Preferred stock retirement price.

Corp.

outstanding.

N. J.

BANKS

108

National Banks
March 26

NEW YORK

Capital

Surplus &
Profits

AND

COMPANIES

TRUST

Stats Institutions
March 26

National Banks

NORTH DAKOTA

March 26

Capital

Gross

Deposits

Par

Bid

National Banks
March 26

Gross
Deposits

Surplus <fc
Profits

Par

Nom.

'

Nomi nal.
Per share.

Rochester—
Lincoln-Allia Bk&Tr
Common

2,800,000 12,226,226
2,000.000

—

4% Conv.Preferred

79,003,576 ( 20
I 50

Ask

Bid

Ask

25

28

48

51

$

$
175.000
50,000

Fargo—
Dakota Nat Bank..
Fargo National Bk_.
First Nat Bk & Tr Co
Merch Nat Bk&TrOo

500.000
150,000

Per

2,442,583
1,896,885
6,860,174
3.868,998

168,842
111,183
237,931
228,349

100
100

N

prices
share.
o

100
n

re

cent

25

sa

les

Central Trust Co—
Common..

400,000 I
750,000

—

Capital notes

Common.

Union Trust Co:
Common

3,000,000 11,139,713
800,000

Capital notes
Schenectady—
Mohawk Nat Bank—

16,807,154 I

10

47,406,719

10

20

65

200,000 1
253.590

....

| <30
10
10
100

5,824,864

7,538,521
7,454,606
15,635,531

Per

—

945,791
633,883

23,856,824
10,630,501

20

29

33

20

24

28

I,313,989

48,130,384

3

Dime Savings Bank.
First National Bank.

010

First Tr & Sav Bk._

100

100

Geo. D. Harter Bank
CincinnatiAtlas Nat Bank....
Olnn Bk 6c Tr Co—

200

Syracuse-

Columbia Bk & 8 Co
*lrst National Bank-

1,692,866
936,000
202,494
196,582

61,400.000
600.000
6
600.000
e
295.500

1.000.000 12,026,520

First Citizens Bk 6c T
Preferred
Oneida Nat Bk 6c Tr

29,041,310 \

60
100

1,443,833
251,991

10,940,462
3.062,650
1,629,543
91,373,167
1,335,139

100

220,638
5,794 ,128
1,375,749 10,836 ,548
217,352
2,456 ,874
k
372,169
3,231 ,339
A3,572,803 47,356 ,476
1,146,641 20,505 ,488
k
8.437 .197
674,062
347.739 11,426 ,832
A2,459,142 76,410 ,494
A4,096.609 114,166 .721

100

90

100

100

220

50

55

240
65

400,000
200,000
183,350

e

e

29,942,566

9

Bk & Tr Co.
Lincoln Nat Bank..

e

500.000

e

500.000
222.000

People's Bk & Sv Co

e

639,841

600.000
160.000

98,666

396,000

6

29

12

17

Second Nat Bank...
9e Ohio S Bk 6c Tr Co

.40

.60

060

170,085

210,000
99.600

Common

581,455

10,655,669

147,386
198,747

N

o

re

35

cent

lea

| <25

600.000
Fleetwood Bk (The). 6 267,500
Mt. Vernon Tr Co... 61,050,000

728,435
152,402
984,521
100,564
379,454
36,542
543,680

200.000
350,000

234,095
117,414

1,770,639
2,608,494

280
80

10

6

9

100
100

137

141

310
90

135

5,712,032

384,448

300,000

e

100
10

'"27^ "29""

100

145

100

125

10

155
150

m

100

82

100

J>H

74

100

230

78
86

90

14

6X

"40"

J*

024

70

"22 k

100

72

100

76

100

24 X

12

80

18*

Columbus—
6

s

e

New Rochelle Tr

500.000

Cleveland Trust Co
Common
13.800,000 1A6211 499 371,521.76
CaDital notes
13.300,000
Union Bk of Comm. e5,000.000 A3,045,031 34,209,863
Union 8av & L Co
900.000
3,089,059
321,075

175

100
100

2,213,456
4,546,282
1,674,342
15,030,442

9

100

11,519,512
3,014,456
6,189,857

115,000
300.000
595,526
el ,600,000

20

3,558,144
4,373,819

100

5,000,000 11,317,404 137,820.388 r 20
I 16
7.680.000
2,411,320 100
601,226
250.000
100
7.308,387
755,570
400,000
Equity Sav & L'n Co
60
148,193
5,727,224
Lorain Street Bank. e
477.000 k
20
9.000.000 5,099.290 179,416,803
National City Bank.
100
190.000
774,933
North Amer Bk Co. e
53,064
1,435,437
The Bank of Cleve..
80,990
100,000

Bronxville—

200,000
350,000

145

50

100

Common
Preferred
Clev 8av 6c Loan Co.

\ 40

500,000
160.000

Capital notes
Westchester Co—

...

les

Central Nat Bank—

20

3,995,194 i

525,000
1.800.000
1.000.000

Western Bk 6c Tr Co el. 185.000
5.000.000
Central Trust Co...
Ftfth-Third-Un Trust e6,700,000
Cleveland—
Amer Sav's Bank—

sa

Common..

Preferred
Northern N Y Tr Co

250,000

Prov 8 Bk & Tr Co.

5

10,559,798 I 20
1 25
4,908,960

—

4

Watertown—

First Nat Pruk
Huguenot Tr Co

re cent
sa

100

Park
—

27

{2ft

155,605
7,784,806
275,768

6.000.000

5

10

21,794,636 i 25
25
13,053,223
6,259,398 16*i
50
4,259,646

990,000

Common
Preferred

New Hochelle—
Central Nat Bank

o

2,524,217
19,251,550
4,176,635
11,683,150

Guardian Bk & S Co.

Utica—

Gramatan Nat Bk &
Tr Co
Bronxville Tr Co
Mount Vernon—
First National Bank.

N

,

323.011
300,000
980.000 1,301,424
228,467
445.825 k
849,689
500.000 k

e
e

Nerthslde Bk & Tr Co

Capital notes
Troy—

Jefferson Co Nat Bk
Watertown Nat Bk—

share

100
5
100

3X

Nerweod-Hyde

1,000,000 II,169,976
1,400.000

Common

Troy Trust Co

18,322,398
29,264,802
5,251,932
16,668,495

IX

Syracuse Trust Co..

110
32

22
1

2
1

CItyiNat Bk&Tr Co

IX
X

slH

29

20

Brunson Bk & Tr Co

10
10

20

Ossining—

Columbus Saving Bk
Fifth Ave Sav Bk Co

Huntington Nat Bk.

250,000
1,600.000
100,000
b
200,000
e3.000.000
200.000
100.000

Market Exch Bk Co.
Northern 'Sav Bk
Ohio National Bk
54.000.000

31,914
2,019,375
163,547
154,845
2,718,375
261,755
110,964
3,601,017

3,212 .608 100
21
10
30,623 .506
100
1,898 ,198
100
2,851 ,254
100 "175
56,777 ,223
100
60
4,238 .390
100
190
1,620 .147
73,417 ,946 b 20

22k

.....

180
70
220

Dayton—

First Nat & Tr Co.

«

.

Ossining Trust Co...

20
100

Merch N B & T Co-

"50" ~

70

Peekskill—

Common
Preferred
Vfestches Co Nat:
Common

36,372

1,687,465

4,325,805

{ 50

30,000

Common
Preferred

100,000
500.000

Preferred

i

12

10

Mt Pleas Bk & Tr Co
Port Chester—

300.000

45,300

2,053,900 12 X

413,065
176,250

45,026
66,498

5.186,695
2,736,144

15
10

6

500,000
190.000

51,276
116,468

5,281,811
1,952,791

50

8

12

200,000

84,956

2,261,377

100

60

65

3

8

Ctfs
Tr

White Plains—
Citizens Bank

100

8

5,438,436 (

25

20

1

7,594,521

204.658

p

200,000 I
150,000
580,000

94

{100
\ 60

—

*

of

«

t

Ben

Fund

t

34

38

36
53

33'1

ll"

50
20

50

55

10

J 50
"25

9X "12"
150

100

Own

23

C-2.._

Common

750,000
1.212,500

Capital notes...

121 847

"25 "29

25

177,981

^1

39,659,599

1.000.000
300.000

25

92,000

...

County Trust Co...

865,892

97

(100

City Tr & Sav Bk—

12

e

Peoples N B & T Co:

17,293,375

18,910,895
945,121
3,022,117
369,653
Ohio Citizens Tr Co. e 600 000 A 849.548 14,615,083
Toledo Trust Co....
5.000.000 A3,056,361 104,113,706
foungstownDgllar Sav & Tr Co—
Common..
14,200,015
1,250,000 IA 685,120
Capital notes
1.200.000
14,474.970
Mahoning Nat Bank el.586.000
619.168
Union Nat Bank.
20.697.240
1.250.000 1,995,171
Commerce-Guard Bk
Spitzer-R T & S Bk.

6

1st Nat Bk & Tr Co.
Mutual Trust Co

...

7.476,056

829.054

Toledo—

Pleasantville—

Bye—
Rye National Bank..
Rye Trust Co
Tarrytown—
Tarrytown N Bk & Tr

368,140

...

Preferred
Third NB&Tr CoWinters NB&TrCo

{ 50
1 50

505,976

170.000
._

200,000 1
205,000
750,000
1,500,000 1
750.000

Common

Peekskill N B & T Co

Common
Preferred...

Nomi nal.

484,685
200.000 1
480.000
Capital notes
First-Central Tr. Co. el ,050,000 M,448,153
118,064
100,000
Goodyear State Bk__
600,000 k 823,333
Firestone Pk Tr&S B
Common

285,302

300,000
750.000

Schenectady Tr Co..

Bank

30

Akron—
Dime Savings Bk Co

900

356,075
524,234
1,485,517

400,000

Lincoln Nat B & TOo
1,200,000
Merch Nat B 6c T Co
760.000
First Trust & Dep Co
Common
e3,987,948

Manufactur Nat Bk.
National City Bank.

Institutions

Dec.

75

700

1100

State

OHIO

March 26

6

Canton—

Preferred
Union National Bank
Citizens Trust Co—

Union Nat

National Banks

.....

25

17,574,778
32,189,091
34,845,987

8

10

\

300,000 12,562,784
200.000

....

Capital notes.....

Common

894,096
529,426
3,161,971

Genesee Vail Tr Co.. 62,150,000
Roch Trust 6c S D Co
1.000.000
Security Trust Co—

14,239,667

20

30"

"25"

National Banks
March 26

7,453,728

186,906

State

OKLAHOMA

25

5

5X

Institutions

March 26

Yonkers—

350,000

...

674,760

6,375,231

10

22

26

Guthrie—
First National Bank.

300.000

Central Nat Bank
First National Bank
in Yonkers
Yonkers Nat Bank &

887,178

9,999,691

10

18

22

First

State

Nomi nal.

Common..

150,000 1/ 306,465

Preferred

700,000

8,940,167

Nat Bk of McAlester
First Nat Bk of McA

10 h.
20-

100.000

NQRTH CAROLINA

March

Aiheville—
First Nat Bk & Tr__

20°m

20

500,000
300,000
1.200.000

530,799
719,870
2,975,650

13,849,513
7,467,410
77.499,503

100

207

100
100

285
295

300

150,000 /
69,402
500,000
1,168,688
200,000
190,473
300,000
402,112
100,000 /
115,453
214,000 /
48,198

1,626,873
13,585,564
2,164,696
6,845,122
2,206,159
1,016,514

100
25

70

80

72

80

20

19

21X

Charlotte—

e

Home Savings Bank.
Mech & Farmers BkQreensboro—
Guilford Nat Bank-

e

-

25

"46" "45"
25

30

282,944
486,680

4,903,862
15,111,982

10

se

780,000

1.724,022

19,909,433

25

70

e

100,000
300,000

178,974
770,718

3.172,085
6,778,400

25
10

30

35

30

35

10

"15""

Wilmington

74

-

People's Sav Bk 6c Tr
Wllm Sav 6c Tr Co..

Preferred
Nat Bk of Wilson
Winston-Salom—

City National Bank.

400,000 11,144,409
100,000
100,000
246,630

200,000

First National Bank.
200.000
Wachovia Bk & Tr_. *4.275.000




100

100

125

150

100

125

150

5.000.000

6,538,530
57,276,057
6,768,904
20,665,677
1,650.055
15,023,228
1,142,542

100

150

200

10
50

23
50

75

100

180

210

100

100

125

100

110

200

100

100

125
32

100.000

Tradesmen's Nat Bk
Stock Yards Bank...
Tulsa—

.100.000

60.000

348,692
4,310,076
283,380
1,050.829
53,954
472,709
21,957

First Nat Bk&Tr Co
Fourth Nat Bank—
Common

2.000.000

3,284,678

54,535,935

20

20,381,208

{100
\160

2,958,618

158,246
2,042,870
128,888
4,208,174
3.108,557 108,616.275

250
-----

•275

0160

25
10

d

10
100

les

125.000

364,588

6,609,342

20

25

175,000
350.000

97,594

4,787,679

3,446,035

66,269.351

10

16,405

356.898

100

125

29

Fidelity Nat Bank..
5)0.000
Liberty Nat Bank.. el.200,000

Preferred
Nat Bk of Com'erce.
Nat Bank of Tulsa—

Common

e

2,700.000
800,000

Preferred

25X

20

21.000

20

20

-

15

20

25

30

.

110

Reorganization of the First Trust & Deposit Co. of Syracuse, N. Y.,
through a merger with the Baldwinsville State Bank of Baldwinsville, N. Y.,
was
approved by stockholders of both banks and became effective on
April 6, 1940.
b

Member of the BancOhio Corp.

c

Capital

e

Wilson—
Branch Bkg & Tr Co
Common

100

sa

a

Raleigh—
First Citizens Bk&Tr

200,000

First Nat Bk & Tr Co

West Tulsa State Bk

200,000
800,000

Security Nat Bank—

-

100

25

2,978,766
3,611,530
5,092,867

100

Oklahoma Nat Bank.

4,000,000

Durham Bk & Tr Co

0

re cent

25

3,101,379
2.794,343

199,964
442,654
458,507

100.000

300.000
400.000

Oklahoma City—
Cttty Nat'l Bk&Tr Co

225,000

e

share.

Muskogee—

200,000

Commercial Nat Bk.

Fidelity Bank...
Depositors Natl Bk.

Per

100

291,127
316,963

100.000

Commercial Nat Bk.
First Nat Bk & Tr Co

Nomi nal.
Per share.

Union Nat Bank
American Trust Co..
Durham—
Citizens' Nat Bank.

100

N

Citizens National Bk

March 26

2,509,136
1,317,491

McAlester—

Trust Co—

National Banks

225,087
123.134

100.000
75.000

Bank...

Common and preferred stock or debentures

<7

Retirement price.

150

151

154

d Feb.

t Toledo banks on a price range basis.
29,

Member First Bank

/ Dec. 30, 1939.

1940.

Stock Corp.

outstanding.
A March 26, 1940.

h In liquidation.

i Controlled by Marine Midland Corp.
n

147'"

account.

r

Reserves,

s

Branch of Smithfleld, N. C.

p Subject to formal approval by State and Federal banking authorities,
the Hartsdale National Bank of Hartsdale, N. Y., will through an absorp¬
tion oi" its assets and deposits by The County Trust Co. of White Plains.

N. Y., become

a

branch of the latter institution.

June, 1940]

National Banks

Eugene—

March 26

Gross
Par

Deposits

Pittsburgh

Bid

Ask

Nomi nal.

(Concluded.)

$

$

Mellon Nat Bank

100

8,546,363

467,792

200,000

Surplus &
Profits

Capital

Nomi nal.
Per share.

$

$

First National Bank-

Ask

Bid

Par

Deposits

109

PENNSYLVANIA Stat%rarch2Q°nS

March 26

Gross

Surplus &
Profits

Capital

COMPANIES

Institutions

State

OREGON

March 26

TRUST

AND

BANKS

%

Per

7,500,000 39,443,516 385,253.308

share.

100

Nat Bank of America

Portland—
First National BankPortland Tr A Sav Bk

100

300,000

United States Nat Bk C4.500.000

160
45

50

20

38

39

Common
Preferred

170

100

6,715,387 118,661,567
5,091,672
458,382
6,350,461 138,015,498

3,000.000

141,625 1
95,000
200.000
700.000
200.000

Nor Side Deposit Bk
Pitt National Bank.

Nom nal.
Per share.

Allentown Nat Bank

1,000,000
1,000,000
450,000
500,000

Merchants Nat'l Bk.
Second

Nat

Bank..

Lehigh Vail Trust Oo

155

2,033,3231 14,546,065

100

140

2,017,648
1,334,785
986,132

25

38

10

20

23

100

90

105

9,517,902
5,816,778
6,708,604

41%

Common

150.000
287,900

321,702

250,000
263,390
249,300

Preferred

504,123

7,003,937

100

105

100

[100

Altoona Trust CoCommon
PreferredCentral Trust Co...

4,684,739

f
.

293,602

3,052,788

10

14

12

10
100

loo"

"98*

ErieBank of Erie
First National Bank.

200,000
,085,000

161,247
821,094

Lawrence Park N Bk

50,000

Marine Nat Bank—

,264,000

46,623
351,704
306,195

Nat Bk A Trust Co_.

300,000

1,324,177
15,113,015
773,468

Common

300,000
729,100
200.000

Preferred

(The)..

Allison-East End Tr.

359,585
101,791

396,510
300.000

Capital Bk & Tr Co.
Harrisburg Nat Bank

168,894
486,786
848,912
947,546
33,297
1,367,490
1,492,352
81,626

300,000
400,000

Central Trust Co
Citizens Trust Co

125,000

Dauphin Dep Tr Oo.
Harrisburg Trust Co

400.000

Market St Trust Co.

225,000

400,000

Fulton Nat Bank
Lancaster Co Nat Bk d
Farmers' BkATr Co
Common

400,000
600,000
575.000

970,334
1,143,976
796.443

300,000 1
88,820
300,000

Preferred

Northern Bk & Tr Oo

i

100

399,898

2,610,018

127,945
176,349

509,160

Provident Trust Co.

15

1,698,937

50
50

a50

50

10

4

10
25

2,948,436
5,032,603
7,011,689
4,902,145
1,156,504
15,308,429
16.028,881
1,408,584

80

5
14

12%

50
50

100
100
50
100
100
100

490,825

9

14

37
68

41

50

15

16%

20

1.000.000
1.800,000

685,658
1,551,147

-300.000

508,595

1.170.300

Scrantoo State Bk

200.000

First National Bank.
Green Ridge Bank.
North Scrant Bk A Tr

4.050.000

50

/106

<15%

10

1.794.059

3,040,000

7.223,684
City National Bank. dl.100,700 i
322,536
Corn Exch Nat Bank

Trust Oo

I

10

4,550,000

Kensington Nat Bk. dl,129,766
1,000.000

4,510,569
2,526,417

400,000

Common

108.000
92.000
250,000
200,000

Preferred
North Broad Nat'l Bk
Northeast Nat Bank

83,368

I

223,292
240,831

Northw'n Nat Bk—
Common
302,500
Preferred
197,500
Philadelphia Nat Bk 14.000.000
Roosevelt Bank
d
264.818

Second Nat Bank—
Common

500.000

.

Preferred

10

Providence

Bank

d

Common
Preferred

5

160,228

L,
_

e

14

Penna Trust

37

38

30

34

20

23%

25%

305

315

10

48

4%

10

6U

3,427,593

25

If

862,885 576,235,482
121,967
2,355,000!

25
20
50

650,778

7,697,780

) 151,544

3.703,624

65

70
13

11

a25

"95"

2%

Preferred

Tioga Nat bk & TrOo d

200,000
85.000
400.336

93,388

2,507,899

25

Land Title Bk A TOo

3,750,000 15,736,224
7,275,000
Liberty Title dt Tr Oo 1,000,000 1,295,393
Mitten Bk & Tr Oo
1,500,000
638,400
Ninth Bank dt Tr Co d2.200,000
576,955
Northern Trust Co..
500.000 3.050,725
Nor Phlla Trust Co.
500,000
1,362,798
.

Lives dt Grant Ann

97

Security Bk dc Tr Co.

Bank

Arsenal Bank

100.000
200,000
500,000

Bank of Ohio Valley.
Braddock Nat Bank.

Dollar Savings Bank
Farmers Deposit Nat

First National Bank
First Nat Bank A Tr

6,000.000
6,000.000

Co of East Pitts..

Forbes National Bk.
Fourteenth St Bank.
Freehold Bank....

Hazelwood Bk (The)

Top Bank

I

108

112

9%
6

11

11%
7%
14

12

16

202

212

127

135

37

40

7

51%
2

8%
53%
3

Iron dc Glass Del Sav

11,376,751
6,822,511
20,074,821
13.888,341
7,985,136

448,609
567,770
451,338
994,283
230,782
480,925

100,000

71,413
375,295

Common........
Preferred

317,269

4,640,284

300,000
75.000




\
/

7

11

6%
7%
11%

10

17%

18

25

25
23

28

18
50

60

63

15

20

22

50

2,863,337 f

8

1
4,904,331
17,323,601
3,027,942

50

35

75

"40" "42"

25
25

40

25

56

42

1,990,853 f 25
1 25

60

%

1%

2,587,528
4,918,389
5,744,104

20

25

30

10

19

20

213,726

2,300,648

1 1°

7

8

378,653
36,513
670,383
208,887
512,728
972,501
557,119
791,454
1,407,321

3,318,387
773,569
8,439,717
1,786,416
5,779,039
6,375,670
5,678,663
4,628,516
8,427.100

10

190.000

100

120

40
50

47

79

82

100

195

205

125
50

25

16%

18

50

50

55

10

10

7%

6

150.000

Fork N Bk A Tr Oo.
Guardian Trust Co

100.000
500.000
125.000
225.000
300.000
500,000
500.000

York Trust Co

750. noo

Indus NB West YK.
Western Nat Bank..
York Co Nat Bank..

..

National Bank

mm,

mm

"20" "21%

100

66

15%

"16%

15

10

10
100
20
25

17
193

188

55

58%
37%
67%

17%

18%

56%
36

25
10

RHODE ISLAND Stat%farch

2ft

^

Nomi nal.
Per share

Newport—
Iquldneck Nat Bank
Common

400,000 1

361,444

6,052,256

Preferred

175.000
120,000
300.000

J25
125

80,098
448,133

516,968
2,623.551

60

500.000

1,158,162
94,361

120.000

267,759

1,744,691

50

367,500
132.500
850.000

j 222,236

5,032,709

Newport Nat Bank..
Newport Trust Co..
Providence—
3 lacks tone Can NatOolumbus Nat Bank:

Common

111,435 1
88,565

Preferred

High St Bk A Tr Oo

30
a25

60~"

100

150

5,262,861

25

80

2,015,817

(10

10

85

12

10

alO

"125"

Mechanics Nat Bank

Preferred
NatBank of OomATr

863,373
918,847
2,459,431

29%
14

Providence Nat Bank

2

100

505

515

Industrial Trust Oo.
Llncoln Trust Oo

50

78

82

Rhode I Hos Nat Bk.

,500.000
,000.000 10,431,867
125.000
217,908
.500.000 3 176,821

Rhode Isld Hos TrOo

10
100
100

26
37

27

,000.000 12,170,331

Union Trust Oo
Woonsocket—

.000.000

40

1,389,831

253

263

50
10
50

441,250

321,870

20

50

22

125

20

15

125
9,644,854
60
50
4,253,984
13,753,695 100
100
119,160.032
25
1,946,783
63,697,379 *100
42,884,203 1000
100
24,194,054

""72" "79"

37

50
10
100

19%

J*

31*

Phenlx Nat Bank

450.000

Woonsocket Trust Oo d

National Banks

135

100

150

385.000
250.000

Northw'tSecurNatBk d

97

800.000

Union Savings Bank.

150,000

50

20

33

2105" 2350
135

100

1100

Per

268,895
252,223
220,316
51,115

100
5.832,212
3.815.387 ylOO
10,421,346 flOO
100
1.383,741

N

share
0

re

cent

sa

lea

price.
stock

retirement

price.

bank

The President of the United States National Bank of Portland, Ore.,
announced on May 25, 1940, that the recently proposed capital expansion
c

60

100

Preferred

b A mutual savings

"5"

50

Sale

s

5

50
10

175"

165

Nomi nal

176

100
25

120

280

SOUTH DAKOTA^^M0"

Sioux Falls—
First Nat'l Bk A Tr. d
Nat Bk of So Dak...

170

100

3,624,544

21%
5%

95

%

<

25

221,927
381,785
434,535

250.000

10

1,749,100
4,342,018

6

5
10

9,579,526
1,430.681
23,591,757
15,547,519
4,384,796
7,704,702

60

5,754,075
9,161,576
3,300,812
1,235.058
1,507,454
2,515,341

100

1,157,856
148,707
5,933.775
2,544,112
326,025
709,275

250.000 1

Drov A Mech N Bk.
Eastern Nat Bank..
First National Bank.

*

300,000
500,000
282,750
200,000
200,000
200,000

200.000

188,020

50

243,272
3,112,807
271,772
1.420,035
101,158
807,190
953,279
11,183,082
6,214,150 56,181,455
11,194,918 106,049,057
7,194,216 115,138,689

Keystone Nat Bk—

75

YorkCommon
Preferred

Common

i 100

at

Pittsburgh

30

50

Cent Nat Bk A Tr Co

March 26

200,000

768,134
976,495
576,830

350.000

Pittsburgh—
Allegheny Valley Bk.

191.774

1

225.000

3%

33,788,425

8,400,000 16,100,735 278,706,338
750,000
1,199,008
561,493
3,200,000 12,336,421 56,310,339
1,500,000 2,562,468 10.558,637
300.000
331,026
3,946,837
125,000
35,866
1.057.193

Sonsitaly Bk dc Tr Co

50

1,399,681
61,536,541
1,632,861
3,242,754
950,338

50.000 /
400.000

West Branch Bk A Tr

'"Zh ~T%

on

Penn W'h'g dc S D Oo
Provident Trust
Real Est Tr Oo

6

10

8

&

Common...
Preferred

10

30

3,300,000 5.150,251 49,855.687 100
d
Wyoming Bk & Tr
300,000
121,789
3,175,006 37
Broad Street Trust..
400,000
524,900
2,530,457
2
Chestnut Hill T A Tr
250,000
100,294
1,672,953
50
Citizens & So B & Tr
125,000
18,959
618,514 100
Fldelity-Phlla Tr C
6,700,000 15,058,207 130,275,060 100
Finance Oo of Pa
2,320,000 9,010,026
1,155,030 100
Frankford Trust Co.
5UU.00U <1,626,770
12,059,371
10
German town Tr Co.
1,400,000
2,140,034 22,226,427
10
Glrard Trust Oo
4.000,000 10,173,653 123,665 ,(>59
10
Industrial Trust Oo. dl. 132,250
947.459
11,966,499
10

6300"

100 5800
100
98

212,280
5,994,102
175,247
326,680
63,794

1.000.000
250.000

Willlamsport N Bk..

10

Tradesmen'sNatlonal
Bank & Trust Co.

8

90

10

1

750,000

March 26

Oommon

200.000
300.000 g
300,000

Hanover National Bk d
200.000
Miners Nat Bank
2.500.000
Second Nat Bank...
1,000,000
W-B Dep A Sav Bk.
500.000
Wyoming Nat Bank.
500.000

25

20

650.000

5%
.....

10

South Phil a Nat Bk-

26

5

80

Wilkes-Barre—
First National Bank

50

10
10

2,344,897
4,283,862

24

5

100
100

7,335,526
20,342,867
4,332,112
18,517,143

150,000 li
180,375 J

Preferred

300

290

100

2,395,794

25

Willlamsport—

20

50

78

50

Oo—

First National

60
100

39,576,900
15,283,000

83%

40

25

2,391,692

200.000

South Side Bk A Tr.
Third Nat BAT CoWest Side Bank...

26%

50

9,844,732 126,915,331
146,060
5,175,494
6,694,059 111,496,982
451,895
9,953,281

Erie National Bank. d
440.000
First National Banka rl.lll.ouu

Market St Nat Bk
NatBkofGerATrCo
Nat'l Bk of Olney—

64,356,954
10,117,292

70

"56"

8cranton Nat Bk—

760

10

240,423

115"
"30" "36"

Soranton—
ffi

160

20

7,111,459

_____

50

150.000 i
255,473
2,320,358
South Hills Trust Oo
125.000
431,046
1,849,853
Union Trust Oo
1.500.000 98,500,774 277,049,783
Washington Tr Co..
500.000
1,395,295
6,404,271
West End Bank
200.000
197,110
1,878,380
William Ponn Tr Co. d
175.000
143,000
2,035.000
Worklngman's Savgs
Bank A Trust Co.
400,000
1,303,525
9,939,172

67

10
25

11,077,238
11,608,106
9,400,238

"75"

50

'

Union National Bank
derks Oo Trust Co..

66*3

15,508,781 I

30

a25

People's-Pittsburgh

Olty Bank & Tr Co..
Reading Trust Oo

100

7,718,118
4,215,677

Philadelphia—
Oentral-Penn Nat Bk

Bank

25

917,127
2,173,555
2.715,302
134,658
9,833,542

Common

Oonestoga Nat Bk_.

Hill

70

50

Allegheny Trust Oo.
700.000
Colonial Trust Co
d3.563.200
Oom'wealth Trust Oo
1,500.000
Dermont 8 dt T Co.
125,000
Fidelity Trust Co
2.000.000
Manchester
Savings
Bank dc Trust Oo.
250,000

Lancaster—

Homewood

50

775,413

50.000

20

Reading—

Harrisburg—

Penn Oo for Insur

16"

4,162,845
6,025,395

10

Security-Peoples Tr-

A

40

Tr Co
fl.000.000 11,720,866 102,655,281
Potter Title A Tr Co d
875.000
397,074
7,647,592

Altoona—
First Nat Bank-

Union Bank

1 25
I 25

2.000.000
Union Savings Bank1.000.000
Western S dt D Bank d
492.500

PCMMCYI VAM1A State Institutions
EilNINO IL V All IA
March 26

I

Allentown—

1,935.880

1,726,874
12,174,993
1,117,659
1,372,269
38,146,165
35,675,717
4,263,503
5,800,640
32,896,077
20.335,353
2,738,785
27,573,521

Polithania State Bk.
Sheraden Bank
Union National Bank
National Banks
March 26

73,199
176,084

105

50

45

a50

plan of the bank would be postponed until world conditions show favorable
improvement.
d Common and preferred stock or debentures outstanding.
0 Dec. 31. 1938.
/ Member of Northwest Bancorporation
0 Oct. 2. 1939.
i Dec. 30, 1939,
it Stock all owned by Rhode Island Hospital Trust Oo.
1 Last sale.
o New stock.
p

Affiliate of the First Bank Stock Corp.

COMPANIES

AND TRUST

BAMS

110

National Banks

I

ggy SOUTH CAROLINA
Capital

200,000
50.000

740,431
287,363
44,193

1,100,000
1,100,000

Preferred.
Columbia—
First Nat Bk of Ooi.

10

11

100

125

100

110

125

39,285,331 (100
1100

15

17

100

487,336

10

11

10H

200.000
35,000

8partanburg—
Bank

6,118,575
1,537.226

615,170
587.482

6,444,999
4.975,236

20

61

63

10

31

33

200,000

Peoples Nat Bank—

171,087
268,534

250,000
200.000

Bank

Greenville—
First National Bank.

Com'l Nat

Nomi nal.
Per share

22,164,099 {7100
6,052,570 100

jl, 261,013

1,000.000

Common

76,555

3,029,651

20

25

San

$

Antonio (Con el.) $
Bank-

Groos Nat

350,000
100,000

Common

South Texas

TENNESSEE

_

,

Citizens' Nat Bank-

National BankNational City Bank.

First

96,668
88,821

2,146,383
3,939,728

ion

405,490

4.693,192

100 t

383,504
561,014
101,088

8,846,927
11,176,029

100

190

215

50

88

100

982,224

100

50,000 d

200,000

.

HamiltonNatJonalBk < 900,000
1.000,000
Park National Bank.
Memphis—
100,000
Comm & Indust Bk.
First National Bank.
Nat Bk of Commerce

Bank.
Union Planters' Nat'l

State Savings

Bank
Trust Co.
Nashville—
American Nat Bank

Common

—

Preferred

Bank

Broadway Nat

Commerce-Union Bk
Nashville Trust Co—

67,552
149,662
1,699,968
683,685

100

250

275

9,301,496 /100

150

165

12,073,674

100

48,625.561

"155" 165"

100

170
250

1,464,352
3,522,410 6.25
26,847,685 100
10
13,516,416

175
260

10

15**

14**

25,000
54,853,993
34.190,755
1,404,268

100

105

Per iAar«
<
i

BkNA
Salt Lake City—
Contl Nat Bi&Tr Go
First Security

285

285

295

100

210

76,892,763

10

13,049,740

100

72,904,343
19,940,401
16,607,069
14,424,024
3,656,702

10

200.000

269,204

29,869,262

J 893,307

65

100

75

21*4

x

22

210

220

100

165

175

100

195

205

100

127** 135
125

1100

135

National Banks
March 26

State Institutions

VERMONT

Dec. 30
Nomi nal.

3.500,000

28

26 **

Per

Barre—

_

_

Cranite 8 B &

592,979
293,606
171,195

Tr Co

3.000.000 11,593,213

3,150,000
300,000

589,992
995,277

1,000,000

1,133,300
1.000.000

1,614,352

62,223,429 / 10
1100
20
5,533,525
10 "18"
24,464,288

13

a*

10,207.543 ;ioo
\100
30,749,560 100

$

70

"19"
110
240

225

March 26

Nomi nal.

Per

Austin—

523,248
895,337

300,000
570,750

<

Capital Nat Bank—
Capital stock

125.000
75,000

J 174,165

400,000
400,000
200,000

—

695,903
938,772
75,977

share.

100

14,923,810
16,914,320

2,549.765

100

Bank

fllOO"

1100

les

300,539
146,319

2,684,195
1,035,708

100

N

173,447

2,959,185 (100

sa

166.921

2,158,394

30

25

10
o

re cent

Common....

3,819,160 rioo

cent

2,995,979 /100
1100
20
2,307,556
100
1,284,765

Rutland Co Nat Bk:

100

o

re

sa

100,000
125.000
207.600

Rutland—
Dleme ntNat Bank—

Hilllngton Nat

N

40

100

114,790
224,290

214,513

100

100

160.000
100.000

Montpeller Nat Bank
Montp'r 8 B Sc Tr Co <

March 26

100
100

169,800

Preferred

State Institutions

6,807,062
6,654,156
888,134
3,336,932

share.

"75"

100,000
614.951

150,000

Common

TEXAS

100
100

16,471

People's Nat Bank204.500
quarry 8 Bk 3c Tr Co
BurlingtonChittenden Co Trust i 491.600
eoo.ooo
Ho wardN atBk ATrOo
160.000
Merchants Nat Bank
Burlington Trust Co- <1,085.961
Montpeller—
Capital 8 B & Tr Co < 407.600
First National Bank:

3,861,464
2,816,229
2,028,280

678,649
521,762
82,362
449,528

110,000
200.000

National Banks

Preferred stock

543,395

5,153,687
1,330,302
807,089
1,236,822

230

5,239,713

1.500.000

Common

295

100

100

900.000

Security Corp.
<3,100,000
ofOgden
----750,000
First National Bank <
<
750,000
Utah State Nat Bank
1,000,000
Eton's Sav Bk&Tr.
300.000
Utah Sav & Trust Co
Walker Bk & Tr Co:
Capital notes

100

6,941,929
19,877,592

182,294
1,446,926

500,000
950.000

<

no

100

600.000 Id 785,933

American Nat BankAustin Nat Bank—

March 26
Nomi nal.

30,000
2,554,679
1,000.000 2,238,484
93,637
60.000 d

1,200,00(»

Common

Preferred
Third National Bank

80

March 26

\100
1,767,907

<2,500,000

Knoxville—
Bank of Knoxville—
<
Oomm'l Bk <Sc Tr Co

490.441

60

—...

State Institutions

UTAH

First

Preferred
Hamilton Nat Bank.

1,226,451

750.000

425,000 1
225.000

185

100

State Institutions

Nomi nal.
Per share.

Common

102
0100
260

"266"

25

Ogden—
Commercial Sec Bk.

Chattanooga—
Bkg Go—
Uommercial Nat Bk:

1,169,683

share.

Per

97

250,000
500,000
100,000

Oommon

Waco—

%

300.000

Nat Bk-

March 26

Amer Tr &

Ask

Bid

5,639,139 (100
1100
26,122,650
100

| 147,011

Preferred--ol Comm. <1,084.000
National Bank ofFort
100,000
8am Houston
<
400,000
San Antonio Nat Bk
Nat Bank

National Banks

National Banks
March 26

Par

Deposits

Ask

Bid

%

Citiz.&SouNat'l Bk
Carolina 8av Bank-.
Miners 3c Merch Bk.
South Oaro Nat Bk—

Cross

Surplus &
Profits

Capital
Par

Deposits

March 26

Nomi nal.

Charleston—

Lower Main St

Cross

Surplus &
Profits

State Institutions

TEXAS

March 26

Preferred
Rutland Trust Co... i

les

Uoo
100

BeaumontAmerican Nat BankFirst National

Bank.

Becur St Bk 3c Trust i
Dallas—

1.000,000
5.000,000
60.000

Hlllcrest State Bank.

250,000

Liberty State Bank—
Mercantlle Nat Bk—
Common

-

—

—

Preferred

RepubllcNat Bank..
Nat Bank of Comm.
Oak Cliff Bk&Tr Co.

100

N

100

0

National Banks

rec ent

100

sa

20

1,650,000 11.672,857
350,000
4,000,000 4,992,720
150,000
411,615
200,000 d
99,688

41

43

20

926,879 27,231,658
9,760,617 131,857,385
2,400,573
68,253
7,212,866
269,690

46

48

125,000
50,000

Common

Capital notes

Jd 102,573

20

37

3c

600,000
500,000

500.582
400,589

4,530,928
4.507,873

60

107,000
100,000
300,000

91,216
104,816
465.588

269,375
655.803

5

3,215,135

100

"45"

250,000
2,500,000
1.500.000
150.000

485,614
1,011,148
1,142,942
131,630

3,835,731
35,863,157

100

240

250

100

123

124

18.979,836
2,315,229

25

39

39 **

10

15*4

15**

2,827,974
2,843,682

10

10**

<

185,511
95,716

10

r

200,000
276,000

<

490.000

<

250,000
440,000

227,347
83,437
207,418

6,167,155
1,213,038
2,925,936

600,000 si,066,115
1,000,000 1,226,078
80,000 k
66,095
5,000,000 3,613,263
130,000
200,000

10,090,559
22,417,750
802,526

1,250,000
1,550,000

|sl425,590

56,680,886

405,096
262,836
882,363

.

33

e
-

100

750,000
1.500.000

432,993
1,228,491

18,242,651
40,292,524

60

65

70

20

45

49

47,597,385 1

20

45

49

t

20

100

^mmm mm mm

"<5O6"

10

390,249
1,236,776

100

Petersburg—
Citizens Nat Bank.
Petersb Sav A Ami

200,000
200,000

City National BankFirst National Bank.
Hutchings-Sealy
National Bank
U S National Bank-

482,708
426,241

American Nat Bant

Citizens

Trust

.

Co..

Merch 3c Farmer
Richmond—

.

t

r

"ioo" 125"

-

15.450.414
4,967,720

First 3c Mer Nat Bk.

.

750,000
500,000

432,953
865,199

N

0

re

cent

sa

les

100
100
50

11,661,564
12,364,332

Mech 3c Mer Bank..
State-Plant Bk
-

Preferred.

Houston—
Citizens State Bank-

<

250,000

324,734

100

180

1

20

43

i

20

7,169.460

Common

Preferred—._

500,000
100,000

J 659,776

18,068,162

47

.

Preferred

3,000.000
1,500,000

jdl ,994.916

59,814,171 J100

<

3

500.000

k

190

1,000.000
800,000

«i66"

UOO

1355

10

7**

3,659.503
5,073,537
5,949,891

N

50

0

100

re cent

100

sa

37
32

00

les

42**
37**

"45" "49"
29

30

18**

16
25

""76"

15

25

50

70

"36"

Roanoke—

First Nat BankCommon

s

200,000
900,000

0

City National Bank:

!IS

5

Portsmouth—

Galveston—

100

163*4

Norfolki

30

1 20

1140

100

1

215

40

151X

1

"48" "60"

12,508,108
22,488,750

—

100

.

39

677,210
1,632,387

2,000,000 12,409,680
500,000
Preferred
15,420
9,532
Fraternal Bk & Tr Co
215,000 d
79,709
Union Bank & Tr Co i
Common

8,595,599

200,000

""56** "58^

300,000
300,000

State National Bank
Fort Worth-

618,975

c

El Paso—

El Paso Nat Bank—

share.
1

1.000,000

It

100

39,515,301 J 20
\ 20
20
88,743,536
7,034,850 100
20
2,643,489
2,769,308

Per

Lynohburg.

Texas Bank & Tr Co:

Continental Nat Bk
First National Bank
Ft Worth Nat Bank:

State Institutions
Dec. 30

VIRGINIA

March 26

les
Nomi nal.

Bank...

First National Bank.

Dallas Nat

12,149,162
13,634,624
2,422,912

50

70

100
100

454,928
1,816,178
s
396,453

250

100

Houston Nat Bk— 0

Common

Preferred

632,500 1
367,500
1,000,000

271,966

13,859,710 J100
1125

2,025,407 32,841,856
Nat Bank of Comm. <2,500,000 d4,573,708 54,920,552
800,000
508,359 10.065.258
State National Bank <
1,000,000 1,449,440 33,770,779
Union National Bank
South
Texas
Com¬
1,500.000 2,162,833 51,117,715
mercial Nat Bank.
200,000 d 234,824
75,160
Fidelity Trust Co—
600.000
1,010,104
8,241,493
Guardian Trust Co—
514,964
5,674,882
Houston Land & Tr. <1,400,000
San Jacinto Nat Bk365,000 1
122,890
8,981,813
Common
285,000 J
Preferred
—
Port Arthur—
100,000
566,943
5,946,411
First National Bank.
200.000 d 351.194
4,485,062
Merchants Nat'l Bk.
San Antonio—
Alamo National Bk:
500,000 I 965,800 18,636,427
Common.
819,400 /
Preferred
Bexar Co Nat Bank200.000 I 147.929
3,004,672
Common .....—
75,000
Preferred —-----1,420,791 39,391,095
Frost National Bank 1,200.000

Second Nat'l Bank—




100

75

"275"

85

350

100

185
225

235"

100

290

310

100

145

155""

100

80

85

flOO

77

8

National Banks
March 26

290
375

100
100

WASHINGTON

Nomi nal.
Per

Sumitomo B of Seattle

8.000,000
2,500,000
2,500,000
1,500.000
200,000

University Nat Bank

400.000

Seattle Tr & 8avs Bk

550.000

Nat Bk of Commerce

Pacific Nat Bank

UOO
100

626

Peoples N B of Wash-

d Dec. 30,

160

60

50
100

held

1939.

e

Corp.

Preferred stock retirement

price.

/Member of Marine Bancorporation.
g

(

i

share.

Member of First National Corp.

6 Member of First Security

jinn
1100

7,194,660
4,089,583
1,648,321
950,459
121,219
222,366
551,306

40** 41**
180,280,946 a 20
86,805,486 / 25
179"
177
100
26.491,175
36
20 r 34
29,355,871
100
2,486,395
20 '"16"' ~2l"
5,684,884
50
65
70
8,657.660

t Stock of South Texas National Bank of San Antonio, Texas, all
by Central Securities Co. with exception of directors' qualifying shares.
a

100

Institutions

March 26

SeattleSeattle—First Nat Bk

100

State

43

48
050

"200""

230

h

Affiliated with the Citizens* & Southern

National Bank of Atlanta, Ga.
Corp. of Odgen. Utah, class A

Represents quotation for First Security

stock.

i Common and preferred

stock outstanding.

o

Controlled by the Joseph F. Meyer interests, r

<s

March 26, 1940.

t Reserves.

k March 29, 1939.
Member Peoples Corp.
x Ex-dividend.

June, 1940]

BANKS

National Banks
March 26

TBUST

AND

National Banks

WASHINGTON 5*a*Marc/?260nS

Capital

Surplus &
Profits

COMPANIES

March 26

Capital

March 26

Gross

Surplus &
Profits

Ask

Bid

Par

Institutions

Statf

WISCONSIN

Gross

Deposits

111

Par

Deposits

Nomi nal.

Spokane—
First Nat Bk In Spok

a

Old

$
500.000

Per

$
6,822.970

$
172,548

share.

50

Milwaukee (Concl. )
TeutoniaAveStateBk a

~

N

B & Un T Co.

Oommon

Preferred
Old National

750,000
743.800

Corp—

J100

t

West Side Bank
Wisconsin State Bk.
First Wise Trust Co.

_

1100

Ask

S
392,300
400,000
300,000
1,000.000

$

share.
10

_Per

$
2,340,768
4,471,700
4,773,014
5,276,005

89,396
895,096
382,461
767,941

20

7

100
20
100

160

190

35

38
_u

Class A
Class B

j 691,806

24,862,213

45

100

Bid

Nomi nal.

245,008 ]
50,000
200,000

(voting)
Washington Trust Oo
__

T acorn a—
Nat Bank of Wash.. al.375,000
Puget Sound Nat Bk a 730,000

No

848,513

8,575",384

100

1,083,285

22,439,368

293,023

7,931,201

100
25

NaShTs WEST VIRGINIA

»•>■

1.00

.80
1.15

No

"ST1

WYOMING

140
19

125
17

Cheyenne-

Per

American Nat Bank.
Stock Growers N Bk.

250,000
300,000

share.

100

5,888,835
8,546,730

390,459
305,998

100

March 26
Nomt

Charleston—

Per

Charleston Nat Bk_
KanawhaBkg&Tr Co
Kanawha Valley Bk.

1,675,774
447,528
1,404,494
130,333
319,931

1,000.000 cl,325,221

Nat Bank of Comm.
Central Trust Co

25

23,560.380
6,078,762
23,737.117
3,913,937
s
1,122.528

1,062.500
600,000
1,000.000
200,000
500,000

N

100

Canadian Bank Statements

o

100

re cent

100

sa

Returns

lea

are

all of Mar. 30, 1940.

Prices

are per

cent, not per share.

100

Huntington—
First Hunt g Nat Bk
Twentieth St Bank..

O109.550

58,352

17,742,655
1,076,742

a

150.000

72,539

1,119,265

100

Say Bank
a
Nat Bank of w Va__
Nat Exchange Bank. i

439.605
500.000
500.000
100.000
300.000

87,395
746,953
671,002
121,710
803,649

2,178,653
5,421,874
5,740,151
1,145,079
5,526,716

1.800.000

2.936.446

21.721,898

19

12l$

65

50

Wheeling—
Center Wheeling Sav
Half Dollar Trust Ac

So Side Bk & Tr Co.

Security Trust Co..
Wheeling Dollar Savs
& Trust Co

National bankt

WISCONSIN

March 26

NOVA SCOTIA
20

25
100

120

100
100

100
300

100

25

113

100

150

136'

Surplus &
Profits

Capital

Gross

Deposits

Par

$
$
$
Bank of Nova Scotia 12,000,000 24,000,000 252,129,669

Per

ONTARIO
Toronto—

Per

Nat Bk of La Crosse.
State Bk of La Crosse

100.000

Exchange State Bank

a

300

100

March 26
Nom inal.

500,000
175,000
400.000

Ask
cent.

160

State Institutions

La Crosse—
Batavian Nat Bank

Bid

■

Halifax—

302,154
78,659
367,994
180,862
156,809
173.977

3,055,412
4,010,086

4,893,221

20

1.267,405

100

N

6.380,083 elOO
3,076,225 100

sa

share.

20

25
0

Bank

Per

of Toronto

6,000,000

9,000,000 131,794,694

Can Bank of Comm. 30,000.000 20,000,000 552,467,727
Dominion Bank
7,000,000 7,000,000 114,209.930

Imperial Bank of Can

7,000,000

8,000,000 129,513,872

100
100
100

100

cent.

♦254

145

148

200

208

re cent

les

Milwaukee—

Amer State Bank

200.000

City Bank & Tr Oo.
First Wise Nat'l Bk—
_

Common

a

305.000

20

7,500,000 17,185,869 243.692,459 J
7.500.000
Home Sayings Bank.
a350.000
182,545
2,568,449
Kilbourn State Bk._ a
150,000
63,783
1,840,389
.......

25

55

60

Montreal—

t

20

Common

Income debentures

Marshall & llsley Bk
Mitchell St State Bk.
Northern Bank
Park Savings Bank..

State Bank of Mllw.

50,000 1c
60,426
225,000
2,200,000 2,246,595
a2,925,000 2,091,896
a
596,000
15,269
a
200,000
92,610
a
539,500 d
84,232
a
71,481
550,000




1,554,120

16

193

205

140

18

2ft

145

100

t Wisconsin Bankshares Corp.
40,117,088
49.679,587
2,467,072
3,505,476
1,878,531
2,285,208

cent

100
100

36,000,000 39.000,000 749,111,480
7,000,000 5,000,000 134,072,539
1,000,000
750,000
BarclaysBk (Canada)
17,785,015
Provincial Bk of Can
4,000,000 1,000,000
47,958,094
Royal Bk of Canada. 35,000,000 20,000,000 781,664,440

Lincoln State Bank:

Marine Nat Exch Bk

Per

Bank of Montreal

Banque Canadlenne.

1—-

Preferred

QUEBEC

28

100

no par stock.

20

39

42

a Common

20

20

23

c

March 26, 1940.

20

30

s

Trust funds.
All stock held by Old National Corp.

20

mtm

100

10

20

4

20

5X

d Oct.

•

100

113M 115

100

155

* Sale price.

and preferred stock debentures outstanding.

2, 1939.
e Member of the Northwest Bancorporatlon.
i Member First National Corp.
t

100

157

MONTHLY REVIEW

113
(Concluded from
decrees

European and Argentine assets.

neutral

affecting

either American or Canadian, were re¬
quired to be turned in to the Bank of France or to be
deposited in a bank within French territory by July 1.
The decree was of especial importance in so far as it
embodied the first measure requisitioning foreign assets
in France.
Gold coin and bullion which French corpora¬
All

dollar

notes,

hold at home or abroad were also required to
be surrendered by the same date.
Foreign corporations
established in France or whose principal field of activity
tions might

France were also subject to the decree.

in

was

Foreigners residing in France, while required to conform
to the decree as to notes and currency, were under no obli¬

gation
stood

Canadian

respect to

with

securities

authorities

French

that

United

or

France

in

either

held

States dollar

abroad.

It

detected

an

or

had

is

under¬

influx

of

forged Canadian and American bank notes from Germany
and Russia.
The strained French financial situation is

expanding note circulation.
The Bank of
France statement for the week ended May 23 shows circula¬
reflected

tion

at

a

circulation
of

A

year

ago

121,390,968,515 francs.
Future statements
hardly fail to record further extreme in¬

was

bank

the

high of 166,696,000,000 francs.

new

can

of nearly

3,000,000 refugees from Belgium, accentuated by
demands of refugees from northern France.
Furthermore,
under the conditions prevailing since the war it was natural

to keep on his person or im¬
bank notes than usual, especially
not widely used in France.

since checks

Belgian
invasion

are

more

ceased to be quoted after the

currency

German
The last quotation in New York for

May 10.

on

the

belga was 16.56, on May 9.
After the invasion of the
Lowlands the United States Treasury Department extended
these

to

change

countries

and

the

financial

general moratorium
transactions

which

on

had

foreign
been

ex¬

previ¬

ously applied to Denmark and Norway.

At the same time
Treasury's general license with respect to withdrawals

the

from

certain

strict

held

accounts

regulation

the

requiring

extended to the Low

was

in

proof of
Countries.

United

States

ownership

under

and

right

Gold held under ear¬
mark at the Federal Reserve Bank for these countries was

subject to the control of their respective central banks.
The defection of

King Leopold on May 28 created
to the legal Belgian Government.

a

May 22, subject to the inspection of
sale to the East Indies Bank of
United States dollars at the official rate of exchange.
Swedish exchange was extremely limited throughout the
entered into prior to

plexing problem as
With
respect to the Bank of Belgium's account with the Federal
Reserve Bank

of

Belgian Cabinet

New

York neither King Leopold nor the
domiciled in France is empowered to act.

Only officials of the Bank of Belgium
drawals

from

officials

are

Bank's

the
in

now

account,

month, with spot ranging between 23.17 and 23.87.
Exchange on Norway and Denmark has not been quoted
in New York since April 9.

the

Bank

France and

are

time

of

the

invasion

Danish

amount

of

these

of

reserves

gold to the United

the

Before

large

a

States

and

England.
Holland guilders ceased
of

the

Lowlands

guilder

was

to be quoted

New

in

York

after

influence.

man

turmoil

the

spite

relatively steady throughout May de¬

Europe.

in

Swiss

The

unit

ruled

around 22.40.

marks

German

New

in

quoted

not

are

exchange situation offers

York,

and

the

features of importance.
Italian exchange continued throughout May to be quoted
no

the official rate of 5.05c.

at

lira for spot exchange

per

on

Rome.

Rumanian

exchange is

New York.

minor unit in

a

On

May 18 the Rumanian Government empowered the National
Bank to increase the value of its gold stock by 50%.
On

available at the time the gold stock
21,028,000,000 lei at the old rate and to 31,-

of reports

basis

the

amounted

to

542,000,000 lei after revaluation} The exchange rate of the
lei in New York continued throughout the month at around
0.50

(nominal).

the South American countries was on the
steady throughout May.
The Argentine
official rate for the peso was quoted at 29.77 throughout
the month.
The unofficial or free market was 22.98@23.05
Exchange on

whole

notably

and 22.40@22.50 on

May 1,

were

May 31.

Brazilian milreis

quoted at 5.03@5.15 on May 1, and at 5.02^@5.15 on

May 31.
Exchange

the Far Eastern countries presented no new

on

features of

importance during May. A summary of Nether¬
lands Indies exchange is given above under remarks on the

after the

The

guilder.

Far Eastern units were in general
as the yen is linked to
The London price for silverwas

Japanese yen were an exception,
States dollar.

21 7/16d. on May

1, and 21 11/lGd.

May 31.

on

The Hong¬

19.83%@20.20
on May 31.
The Shanghai dollar was 5.91@6.05 on May 1,
and 5.37@5.63 on May 31.
Yen checks were 23.44@23.50 on
May 1, and 23.44@23.50 on May 31.

kong dollar was 21.63@21.75 on May 1, and

invasion

xxx

xxxxxx

xxxx

May 10.
The last quotation for the
May 9, at around 53.08 for spot.

on

quoted

not

was

currency

April 9.
On May 28 the Copenhagen Stock Exchange re¬
opened under the supervision of the German regime, with
transactions limited to markets within the sphere of Ger¬

Holland

of

undisclosed

Finland,

under the influence of the London official exchange control.

of

acting in cooperation
gold

Switzerland, Denmark,

Sweden,

Italy,

Germany,

and Czechoslovakia.

the United

the

was

most

Belgium were estimated at $626,000,000.
May 10 Belgium was understood to have shipped
but

28 the Norwegian foreign exchange market

On May

opened in German-held Norway, with the United States
dollar quoted at 4.40 kroner, making the krone equal to
22.72c.
The only other currencies quoted were those of

authorize with¬

can

and

with the Belgian Cabinet there.
At

the

and

documents

the

on

per¬

or

United States of the unblocking for liquidation of contracts

almost every Frenchman

mediately available

States

dische

Swiss francs were

The increase in circulation is due in part to the demands

reexport to the United

May 29 receipt of advices from the Nederlandsch InHandelsbank at Batavia notifying all banks of the

on

creases.

for

sterling zone for

Japan will eventually produce dollar or yen balances in¬
stead of sterling.
The New York Foreign Exchange Committee announced

the

in

the

to

16)

page

xxx

xxxxxx

xx

x
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(

Throughout the month the foreign exchange departments
were kept busy
untangling transac¬
tions among themselves relating
to future contracts of
Belgium, Holland, and their overseas possessions.
This
they were doing by offsetting contracts between each other

'

xxxxx

xx

—

of the New York banks

and paying compensation for small
differences, thereby
ducing the volume of contracts outstanding.
'

xx

g

May

on

14,

it

appeared

that

the

Bank

of

b- © © ©

.

°

them

were

expected to establish their headquarters

#in

were

for

the

planning

to

be

a

Netherlands

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is

as

backed

either in London

or

a

new

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unit
in

of

that

his

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b-©00 ©©-*
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whereby it is assured that Netherlands Indies exports

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agree¬

respectively, in terms of the United States dollar,
7.55-7.65 for the pound sterling.
All transactions
in free sterling were prohibited.
In addition, arrangements have been made with the Al¬

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average

Netherlands East Indies guilder

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be maintained

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ounces.

Government had

the

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sellers,

lies

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tt;

established within the Anglo-French currency bloc.
Hence¬
forth the Java guilder is fixed at 1.875-1.895, buyers and
and

CO*

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May 27 the Batavia Government concluded
by

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New York and believed to total between

dollar

of 1.875 guilders
ment

£

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rf © © N CO r-l
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agreement was that the Netherlands trade with the sterling
will
be
allowed
only on sterling at the official
cross rate on the basis of 7.60 guilders to the
pound.
The

On

xxx

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xxxxxx
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xxx

XX

The

(genuine guilder)
by Dutch stocks of gold held abroad

French monetary agreement.

United

rH
CO

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account

London.

May 23 the Netherlands Minister at Washington

nounced

HHH
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"pukka guilder"

16,000,000 and 17,000,000 fine
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On May 20 London dispatches stated that the
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and

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of

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Netherlands and other principal banks in the country had
removed their headquarters to London,
though some of
East

$

£

Tfl T}l Tfl Tf
o

After the end of Holland's resistance to the German inva¬

sion,

xxxx

x

•

•

t

i

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For

Daily Rates
17 and 18.

;

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pages

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of

Foreign

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se