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Bus ADM. LIBRA £ BANK RECORD REG. U. S. PAT. OFFICE New York Stock Exchange New York Curb Exchange Cleveland Stock Exchange New York Produce Exchange Pittsburgh Stock Exchange Chicago Stock Exchange Baltimore Stock Exchange Philadelphia Stock Exchange Los Angeles Stock Exchange Boston Stock Exchange San Francisco Stock Exchange Detroit Stock Exchange INDEX TO STOCK EXCHANGES PAGE PAGE N. Y. STOCK EXCHANGE—BONDS...18 BOSTON STOCK EXCHANGE N. Y. STOCK EXCHANGE—STOCKS—31 CLEVELAND STOCK EXCHANGE. PITTSBURGH STOCK EXCHANGE NEW YORK CURB EXCHANGE NEW YORK PRODUCE 41 EX¬ CHANGE 55 ' CHICAGO STOCK EXCHANGE.™" -56 PHILADELPHIA STOCK EXCHANGE.59 SAN FRANCISCO STOCK EXCHANGE DETROIT STOCK EXCHANGE MAY 1 66 .....68 QUOTATIONS PAGE OF 63 BALTIMORE STOCK EXCHANGE....64 LOS ANGELES STOCK EXCHANGE...65 INDEX TO GENERAL REVIEW 60 62 PAGE TEXTILE MANUFACTURING STOCKS. STEAM RAILROAD BONDS 69 NORTHERN STEAM RAILROAD STOCKS 73 SOUTHERN HILLS 86 CANADIAN HILLS 86 INVESTMENT TRUST ST'KS & B'DS..74 HILLS JOINT STOCK LAND BANK BONDS...91 MINING STOCKS... JOINT STOCK LAND BANK STOCKS..91 INSURANCE STOCKS & 86 86 SCRIP...86,112 FEDERAL LAND BANK BONDS .92 REAL ESTATE TRUST & LAND STKS.87 REAL ESTATE BONDS. Ill 75 TITLE GUAR. & SAFE DEP. STOCKS. 87 U. S. AND MUNICIPAL BONDS 92 -.80 CANADIAN MUNICIPAL BONDS—94 PUBLIC UTILITY BONDS....1 PUBLIC UTILITY STOCKS- INDUSTRIAL & MISCELL. BONDS....83 FOREIGN GOVERNMENT BONDS....93 INDUSTRIAL & MISCELL. STOCKS...87 BANKS AND TRUST COMPANIES... 101 EXCHANGE SEATS CANADIAN BANKS .85 June WILLIAM B. DANA William Street, —......Ill 1933 Qy COMPANY, Corner of PUBLISHERS Spruce Street, New York. CO. SAFE DEPOSIT & TRUST BALTIMORE OF Organized 1867 Chartered 1864 Surplus & Profits Over $3,141,000 Capital $2,000,000 Acts as Trustee of Fiscal Corporation Mortgages, Agent for Corporations Agent and Registrar. and Individuals, Transfer Depositary under plans of reorganization. Acts as Trustee, Administrator, Guardian, Attorney and Agent, being Executor, Receiver, and especially organized for careful management settlement of estates of every character. SECURITIES HELD ON DEPOSIT CORPORATIONS AND FOR OUT-OF-TOWN PERSONS. JOHN J. NELLIGAN WALDO NEWCOMER BLANCHARD RANDALL NORMAN JAMES SAMUEL M. SHOEMAKER , ROBERT GARRETT OFFICERS JOHN J. George B. Gammie Thomas B. Butler - of Board WM. R. HUBNER, 3d NELLIGAN. Chairman OSEPH B. KIRBY, President H. H. M. LEE, Vice-President ANDREW P. SPAMER. 2d V.-P. - - - Treasurer Secretary Vice-Pres. GEORGE PAUSCH, 4th Vice-Pres. R. S. OPIE, 5th W. D. G. Vice-President Wrlghtson Roland L. Miller - - - Asst. Sec. Cashier & Asst. Sec. Maurice J. Nelligan, Lechthaler Real Estate Off. Asst. Cashier & Asst. Sec. John W. Bosley Asst. Treas. & Asst. Sec. Harry E. Challis Asst. Cashier Edgar H. Cromwell, Auditor Asst. Treas. & Asst. Sec. Raymond E. Burnett Charles F. Andrew H. Troeger Assistant Treasurer Howard W. Baynard James S. Asher - - - Asst. Auditor Asst. Auditor Knapp- Assistant Treasurer Chalmers S. Brumbaugh - Statistician Robert B. Chapman Asst. Sec. Wm. E. Harris Asst. Real Estate Officer I. Campbell Connor Asst. Sec. J. Edward BANK COMPANY, In office of Librarian of Congress, Washington, D. C. Office at New York, N. Y., under the Act of March 3 Copyright In 1933 by WILLIAM B. DANA Entered VOL Matter/March 9 1928, at the Post Second Class as NEW YORK, JUNE 9 1933. 6 1879. NO 6. with Bank The and Quotation Bank consummate skill and promoted confidence in a new order of things , just what was needed to start the new order or Quotation Record and Commercial & Financial Chronicle and is issued monthly. Terms for the Chronicle States, $11.50 Alaska; except countries United and are States The subscription price to the Foreign year. postage other $13.50 in and Canada, United foreign Bank and Quotation Record is $6.00 a Canada, o0 cents States and United outside of LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, DANA B. William Street E.C. stimulating held prices and that is always for the time being. promise of higher^ against setback at least any It nevertheless is true that the time for low almost to the point of were complete exhaustion and inventories nearly everywhere Spruce Street, New York. in the state with same early replenishment necessity. OF MAY—COMMERCIAL REVIEW In the AND which FINANCIAL Two distinctive EVENTS. characteristics affairs in this country the course of One of during the month of May. was ness, which extended to all lines of industrial activity, and the other quite remarkable the intensification in trade and busi¬ recovery of efforts complete legislation for carrying at Washington to the Administration out of farm products, the higher about with such great came inflation talk of inflation. or and, it happened, in the as of the United States for 1933 to be was currency issues. crop of the West and the other the related there events, were independent numerous responsible for the improvement in trade. tion was an as a causes as infla¬ matter of fact there was no inflation either of Reserve credit there was the natural of money or in circulation. contraction following the increase that became necessary with the closing enormous down As far influence in stimulating trade revival, it was entirely anticipatory, for Instead extent inter¬ early in March of all the banks in the country. The there so long an incubus on upon the period of the banking crisis. May 31 was $5,812,000,000 $7,538,000,000 on as March 8. on March 8 at the Money in circulation against of the last of its high figure of of prices, holdings of wheat and also of cotton, whil© holdings of cotton against which loans had been made by the Farm Board were turned to the over Secretary of Agri¬ by him under The importance of the part provision of that Act. played by the operations of the Government in depressing wheat and cotton over prices estimated, and the from Washington for better Tuesday, May 23, that the Federal Reserve banks under long series of over a same cannot be years is to be said of the influence has been. on News a the market, course the 237,000 in comparison with $3,717,850,000 the circum¬ in the other, the fear of as completely eliminated, the Farm Board having disposed was the instance, Government holdings dumping of any which had been one money of the South, another strong favoring influence in was stance that in the by the total of the bill and security holdings acute mul¬ was the one money crop culture under the Farm Relief Bill to be held $2,216,- of prices extraordinarily short. regards both wheat and cotton, the volume of Reserve credit outstanding May 31 as measured was case of wheat there case as some a very relation whatever no tiplying evidence going to show that the winter wheat yield And to of values As in the for wide-spread inflation of banking credit and of were range rapidity and correspond¬ generally, farm values had dropped to abnormally low levels program While the two absolute ~ ^ •; case important part of the population, had to were an ingly improved the position of the farming classes, marked these the accentuating and the out incentive to greater activity an sort of guarantee a goods with few exceptions Publishers, COMPANY, corner in inflation ripe, the basis for it having been laid strong and f deep in the fact that both wholesale and retail stocks of CHICAGO OFFICE—208 South La Salle Street. WILLIAM effect some since recovery was Single copies are sold at 75 cents per copy. extra. have, since it is Territories. and era. did recovery, $10 per annum within Continental in Possessions Talk of inflation may have had, and doubtless new Record is one of the publications of the came the inflation rider to the Federal Farm Relief Act had been authorized to resume the purchase of U. S. Government securities, the amount of the prices which the removal of that pressing burden In talking of the general rise in commodity new acquisitions being $25,114,000, but in face of this further acquisition of Govern¬ tration ment securities tion, but that other the volume of Reserve credit actually showed a outstanding, decrease of $27,845,000 the reason being that concurrently with the new acquisitions of Government securities there was a decrease in the discount holdings of the 12 Reserve banks borrowing) and a (reflecting a diminution in member bank decrease also in the holdings of acceptances. prices it must also be remembered that the efforts of the Federal Adminis¬ in measures speeding legislation has not been confined to intended to bring about banking and credit infla- By the Industrial Recovery Act the Federal raising values. Government injects itself into activity with a every branch of industrial view to determining production and thereby a higher level of commodity values and likewise wages. Thus the promise has been held out of rising establishing raising f have likewise been fathered for measures The experience the next week when $27,866,000 more of U. S. securities were taken over, was the same; notwith¬ prices anywhere and everywhere, and unquestionably this standing this further acquisition of Government securities of the volume of Reserve credit in trade, outstanding fell off $5,688,000, the other items that go to make up the total of the bill and acted psychologically to establish a belief in a higher basis were were numerous independent serving to bring about business recovery causes that and would certainly have worked to bring it about even if no inflationary program had been devised or taken under consideration. In the first place, the low dead level of the was banking crisis early in March. at an almost complete standstill. was reached at the time Business activity then In the case of the banks which nevertheless doubtless in security holdings having further diminished by $22,178,000. The truth is there prices generally and in that way of beer led occur any why, to that the legalizing of the V the establishment of a virtually industry and that the demands growing out of the directly and indirectly, created lines of trade not industry. a same, new both vast lot of new orders in immediately connected with the brewing Then the Chicago Fair must not be left out of consideration ness. but prosaic fashion. more Then it should not be forgotten sale helped along the recovery due to was as a On that most potent factor in creating point it is worth noting that new a busi- Chicago there was for the time being a complete suspension of all operations, and the stoppage was only a trifle less severe in dispatch from Chicago, May 28 to the New York "Herald Tribune" had the following to say: industrial operations, the steel mills of the country being engaged to only 14% of capacity and many other industries being in much the same state of suspended animation. Any due to the change hence, had to be for either of the two national party years change for the better. After 3 of growing depression in trade, the culminating point a had at last been reached. The banking crisis was handled "General retail trade spurted to fever status last week opening of the Century of Progress Exposition, which has brought more people a year ago. into town than assembled conventions here almost The stores have been jammed since the middle of the week and hotels report present business and promise ; o MONTHLY should take the majority of them out of future patronage receivership." of As inflation stand two namely the announce¬ foremost, out May 1 that licenses for the export of ment which came on gold to meet maturing Government obligations or interest United States securities held abroad would be coupons on the ground that This meant breaking faith with the foreign creditors of the country as faith had already been broken with the domestic creditors. refused by the United States Treasury on The second momentous event of like character was the to the country from the remove Congress action kind of legal May 26 gold basis by statutory of all obligations in enactment by authorizing the payment any on This last is equally far-reaching money. Recently the Thomas amendment to the Agricultural Relief Act has made of every debt public and private. Due, however, to the language used, doubt has arisen whether obligations expressed to be payable in a particular forms of legal tender. While the Supreme Court of New York is case, Farm on by Adopted Provisions Aid if the One of of the resolution is to remove any doubt and to avoid confusion, debtors and creditors may have a clear definition of their legal existing legislation is differently construed in other jurisdictions. the purposes that position. law bill. May 12 when President Roosevelt signed the Congressional action pleted to on the insertion of a Inflation" rider, bill carries the Administration "Controlled along with its provisions for the refinancing of farm mortgages and The farm relief bill agricultural marketing projects. March 22; the measure em¬ bodying the Senate's farm relief proposals, was passed by that body April 28, attached to which was the inflation rider. originally passed the House On May 3 by a vote with the of 307 to 86, the House after a com¬ Senate, for the purpose credit inflation sections these form May 3, are and with The chief approved in exactly the The House vote, the inflation rider showed 273 Democrats, 30 Republicans ballots, were by the Senate and House. on Farmer-Laborites casting affirmative 4 and Democrats 7 Republicans 79 against. provisions of the Administration inflation plan summarized as footing. (H. J. Res. 192.] Whereas the are Reserve banks $3,000,000,000 worth holding of or existing amount of the Congress to regulate the value of the money of the United States, and are inconsistent with the declared policy of the Congress to maintain at all times the equal power of every dollar, coined or issued by the United States, in the markets and in the payment of debts, now, Resolved if it is not ade¬ Government obligations, of which 4% will be canceled annually; of America in Congress assembled, that (A) Every provision contained in the obligee the unlimited free coinage of silver at a fixed ratio with the President is authorized to accept silver up to $200,- 000,000 in the payment of war debts during the next six months, valuing the silver up to 50 cents an ounce, to be used as As a Every obligation, heretofore, discharged as may be vision be held against - Clause ment of Treasury Woodin Concerning Obligations Will Not Contain Clause. obligation currency) payable in money of the United States; and the term "coin or currency" As used in this resolution, the term "obligation" means an coin means notes and or of the United States, including currency Following the introduction in Congress on May 26 of the issued by the Government Secretary of the Treasury Woodin issued a statement on May 26 in which he said that one purpose of the resolution "is to make clear that future obligations, public and private, Washington account It was pointed out in a that date (May 26) to the New York gold clause." on "Times" that the resolution, the Government and issued being retroactive, would permit corporations to redeem in The last sentence of paragraph (1) of by increasing agricultural purchasing power, to raise revenue emergency for the May 26 by Secretary Woodin follows: A joint resolution introduced to-day in both houses of Congress de¬ signed to clarify the effect of recent legislation "gold clause" in public and private obligations. support of the Administration. respect reason of such emergency, to provide agricultural to National banking be legal tender for all debts, public and private, public charges, taxes, duties and dues except that gold coins, when below the standard weight and limit of tolerance provided by law for the single piece, shall be legal tender only at valuation in circulating notes of Federal Reserve banks and proportion to their actual weight." .. / '' - / . • •• • Roosevelt Signs Bill Providing for Federal of Securities—Purpose of New Regulation Legislation—Creation of Cor¬ poration of Foreign Security Holders. upon the status of the This resolution has the the Following the completion of Congressional action on bill the for providing on Federal regulation of securities, May 27 affixed his signature to the In approving the newly enacted bill. measure—President Administration been so some new legislation-—an Roosevelt stated that of the evils which have glaringly revealed in the private exploitation of the public's money." The President's statement issued with the signing of the bill on It May 27 follows: gives me much satisfaction to sign the Rayburg-Fletcher Securities Congress on Bill, and I know I express National feeling in congratulating its passage. For this measure at last translates some elementary of right and wrong into law. the merchandising of fair dealing on the part Such traffic demands the utmost good faith and of those engaged in it. capital must be invested in enterprise. other standards Events have made it abundantly clear that securities is really traffic in the economic and social welfare of our people. If the country is to flourish, But those who seek to draw upon people's money must be wholly candid regarding the facts on ment. within requires the publicity necessary for sound invest¬ It is, of course, no insurance against errors of judgment. function of which judgment is asked. To that end this bill no the limit government. of its powers, It does give assurance, That is however, that, the Federal Government will insist upon - knowledge of the facts on which judgment alone can be based. The was with poses," approved May 12 1933 is amended to read as follows: "All coins and currencies of the United States (including Federal Reserve a issued incurred by indebtedness, to provide orderly liquidation of Joint Stock Land banks, and for other pur¬ relief the investors' by the United States, current obligations containing statement sub-section (B) of Sec¬ National economic tion 43 of the Act entitled "an Act to relieve the existing any money the gold clause. The , banking associations. legal tender for the payment of public and private debts, shall not contain the Federal Reserve circulating notes of Federal Reserve banks and National the Act is "intended to correct joint resolution relating to the payment of obligations in or currency wnich is legal tender for public and private President Roosevelt Gold Repeal—One Purpose to Make Clear Future Govern¬ gold, making all coin thereto, shaU be necessary. deposits. Secretary not any hereafter incurred whether or or (including every obligation of and to the United States, excepting of the Treasury, to require exists and increase or decrease reserve balances required to by amount in money of authority contained in such law. or (B) approval of the President, the Board may declare an emergency Statement an debts. Any such provision contained in any law authorizing obligations to be issued by or under authority of the United States, is hereby repealed, but the repeal of any such provision shall not invalidate any other pro¬ at the time of payment possible curb against too much inflation, the Federal Reserve Board With the in dollar for dollar, in any coin or currency upon payment, President the Reserve banks to take such action obligation right to require payment in after incurred. the basis for the issuance of silver certificates. is authorized with the approval of the Secretary a or currency, or such provision is contained therein or made with respect notes and the gold dollar. In addition, made with respect to any or gold or a the United States measured thereby, is declared to be against public policy; and no such provision shall be contained in or made with respect to any obligation here¬ which purports to give particular kind of coin associations) heretofore or hereafter coined or issued, shall Reduce the gold content of the dollar by 50%; Provide for therefore be it of the United States by the Senate and House of Representatives emergency Direct the issuance of United States notes up to $3,000,000,000 to retire payment in gold or a of the United States measured thereby, obstruct the power of money for extraordinary expenses If the President is unable to arrange this operation, or of obliga¬ has disclosed that provisions emergency particular kind of coin or currency of the United States, or in an United States is the majority quate to meet the situation, the President may: restriction; and tions which purport to give the obligee a right to require of Government obligations, including stock in corporations of which the stockholder. and dealing in gold affect the public interest, therefore subject to proper regulation and Whereas the Section 2. and Board for the banks to purchase, and hold up to Currencies of the Value to the Coins and United States. follows: The President is authorized to arrange with the Federal by following is the full text of the resolution as signed Joint Resolution to Assure Uniform sections of the measure to conference of adjusting differences between the two measures, so far as their farm relief pro¬ visions are concerned. In the case of the currency and same The will makes it clear that all obligations past and future the President the next month: on paratively brief debate, passed the "Controlled Inflation" rider to the bill. Earlier in the day, May 3, the House sent the strictly farm-aid specific provision to this effect. contained in the resolution. provision guaranteeing the "cost- of-production" to the farmer. As passed by Congress and in the form in which it received the President's signature, the The Thomas amend¬ Such a provision is public and private, shall not contain the gold clause. ment did not contain -. resolution is to make clear that future obligations, the farm relief bill was com¬ May 10, when the Senate abandoned its efforts on secure on : - Another purpose of the inflation bill be¬ The Administration farm relief-currency came a could be satisfied by payment of other lawful forms of money, confusion may be created Signs Farm Relief—Currency Inflation Bill— Congress. reported to have held, in a recent that an obligation calling for payment in gold coin The resolution Report gold coin, may be satisfied by payment in other kind of money, such as be upon the same Conference paid, nor is it available for payment, upon now all coins and currencies of the United States legal tender for the payment in its consequences. President Roosevelt bank holiday, transactions public or private debts. so of the President in making a request to a supply which constitutes a reserve for the nation's Gold is not currency. would not be in the public interest." "such export declared Since March 6, when the President involving payments in gold have been brought under control in order to pro¬ tect and maintain the taken to promote financial distinctive steps the to REVIEW new law will also safeguard against the abuses of manship in security flotations. high pressure sales¬ It will require full disclosure of all the private interests on the part of those who seek to sell securities to the The Act is thus intended to correct some of the evils which public ' have been so glaringly revealed in the private exploitation of the public's money. This June, 1933.] MONTHLY law and its effective administration are old-fashioned standards of rectitude. steps in a program to restore some Without such an adopted by the affirmative j vote of The bill requires that before any one can sell, or offer for securities be must in inter-State commerce, sale the securities registered with the Federal Trade Commission. In the "United States News" of that the six main features of the Act Registration with the Federal pointed was a Trade Commission of information about forthcoming security issues. ayes and nays and recorded any condition of such membership or such credit and to have and exercise all powers, rights and privileges conferred upon any such member or bor¬ by the Federal Home Loan Bank Act or existent as now hereafter or as supplemented." Section 239 of the Banking Law is also amended by adding at the end two new subdivisions, to be subdivisions 14 and 15, to read as follows: ■ "14. .In bonds, debentures, or other obligations of a Federal Home Loan Supervision of the advertisements of securities. bank Power July 22 1932. on the part of the Commission to issue stop orders against any issue. Personal created "15. Exemption of certain Federal, State and municipal issues. pursuant to the In the capital stock of Federal Home Loan Bank Act approved Federal Home Loan bank, such amount a be required to comply with any condition of membership therein therefrom." as may or responsibility of officers for misinformation concerning their security offerings, and credit Four specific remedies in the case of fraud. Under the securities new Act .V J provision is made for the Government Securities by Postal Savings System? Announcement that President Roosevelt had authorized the Board of Trustees of the Postal Savings System to buy $100,000,000 additional Government bonds ties made was matter May 27, on or other securi¬ White House statement in the a (May 27) saying: Request of the Board of Trustees of the Postal Savings System for au¬ thority to purchase bonds or other securities of the United States to the amount of $100,000,000 was approved to-day by President Roosevelt. Previously the request had been approved by Postmaster-General Farley, Secretary of the Treasury Woodin and J. Crawford Biggs, Acting AttorneyGeneral, all members of the Postal Savings System Board of Trustees. The $100,000,000 purchase would be in addition to securities already authorized for purchase by the Board of Trustees. Power to grant the authority requested by the Board is conferred upon the President by the Act of May 18 1916, which provides: "When, in the judgment of the President, the general welfare and interests United States so require, the Board of Trustees may invest all or the postal savings funds, except the reserve fund of 5% herein provided for, in bonds or other securities of the United States. (Sec. 2, Act of May 18 1916)." of the any part of On May 27 the Washington correspondent of the New York "Journal Commerce" of New to Be Known President 788 of deposits, much the highest on record. more than $1,157,651 tives, by a vote of 259 to 112, adopted the conference report which adjusted This $500,000,000 Wagner Federal Aid to Unemployment States Relief Act including Congress, The signed was newly enacted Providing for passed by May 12 by President Roosevelt. provides that the sum of not to on Finance available out of funds of the Corporation for direct transmission lines for power diffusion States, supervise the economic development of the Tennessee Valley, construct dams, flood control and navi¬ gation works, and conduct forestation operations. Roosevelt D. inadequate. grants of amounts remaining will be used for grants to Federal, State and local funds Additional grants are authorized for those in distress who have no legal settlement in any State or community, and this also applies specifically to co-operative and self-help associations for the barter of goods and services. Federal Home New Loan York—Permits Home Loan In its Bank Banks Bill Signed Savings Banks and Purchase by to Governor Lehman of Become Members of Bonds of Latter. May 12 News Bulletin the Savings Banks Association permits savings banks to become members of the Federal Home Loan Bank and to purchase the bonds, debentures and other securities of such bank. law is Chapter 739 of the laws of 1933. Section 238 of the banking law is amended by adding as subdivision, a new follows: "13. To purchase and hold for the purpose of becoming a member of a Federal Home Loan bank, so much of the capital stock thereof as will qualify it for membership in such Federal Home Loan bank pursuant to an Act of Congress approved July 22 1932 entitled 'The Federal Home Loan Bank Act,' and hereafter any amendments thereof be enacted; to become a or supplements thereto that may member of such Federal Home bank; to purchase and hold stock of such bank in addition to such as may be required to qualify debentures on or other as a securities on Loan bank; to borrow from such bank such other evidence of indebtedness of the savings bank as may be required by such Federal Home Loan bank for such period of time and upon such terms and conditions as the talk broadcast throughout the nation on un¬ was no actual surrender of power" by Congress. "has been to happening," he continued, designate the President of the United States as the agency to carry out certain of the purposes of Congress." "This," he added, "was constitutional and is constitutional, and is in keeping with the past American tradition." passed or President, is in the as part process of a of enactment The giving of employment to a properly be can well-rounded well-grounded and quarter of a million unemployed in forestry and flood prevention work noted by the President Ac¬ "the legislation that has been as one of the measures was adopted, and in his talk he alluded to the proposal to put the Government properties at Muscle Shoals to work, and tcJ farm mortgage relief legislation. the plans for The program for direct relief through public works, the legislation (already enacted by Congress) authorizing the sale of beer in the various States was also referred to by the President. Attention was likewise directed to the Farm Relief Bill (then pending) as to which the President said: "This measure for emergencies and the extent of its entirely what the future has in store." upon were among the provides wide use will depend The 30-hour measures enumerated by the President, who said: It is wholly wrong to call the measures that we have taken Government control of farming, control of industry and control of transportation. rather a It is partnership between Government and farming and industry and transportation, not partnership in profits, for the profits would still go to the citizens, but rather a partnership in planning and partnership to see that the plans are carried out. Address of President Roosevelt Before Commerce—Urges Price Increase Rises—Also Asks Industries Reminded in United States Chamber of Wages Elimination That in Conformity of Unfair Recovery Be with Competition— Viewed in Terms of May 4, before the Chamber of Commerce of Nation Rather Than That of Unit• amount member; to purchase and hold the bonds, of such the note of the savings bank or a bill and the railroad bill Among the last of 30-day bills signed by Governor Lehman before he left for the South, was the Crawford bill, Senate introductory 1569, which to be subdivision 13, to read Only "The only thing that has been powers of the State of New York said: new His Since The President declared that in the emergency measures en¬ plan." are Action dertaken and what it is planning to do to effect recovery. of the first half of the fund, Recounts Necessary. Roosevelt, in be removed. States where the combined Talk Radio country since he assumed office March 4, President Franklin considered from to -—"Profits to Citizens—Farm Relief and Inflation Powers Half of the $500,000,000 fund is authorized for grants to States in the ratio of one-third of the amount expended by such States for relief. After Oct. 1 1933 this restriction will any in Effect Recovery—No Surrender of Power in Emergency Measures—Likens Moves to Partnership Entered into by Government with Farming, Industry and Railroads cording to the $250,000,000, plus sell to many Federal aid to States. The balance of huge development Muscle Shoals, operate construct and operate acted "there as a Govern¬ Sunday night, May 7, told what his Administration had 100%. measure exceed $500,000,000 be made Reconstruction measure, to power a Authority. In his second radio message addressed to the people of Signed—Funds to Be Made Available unemployment relief the the electric energy to States, municipalities and individuals; . Through Reconstruction Finance Corporation. The Wagner the Tennessee Valley as body will have complete charge of program, bonds given to the Government and place them back in the banks of the country from which they came. There is a requirement, however, that such postal up to With Under the terms of the revised bill there is created ,- The objective under the Postal Savings System is to take the deposits savings deposits be collateraled by Government bonds the ap¬ ment Commission known to Be Used if The $100,000,000 will not all be purchased at once. on Congressional action thus completed, the bill became a law on May 18, with its signing by President Roosevelt. The Secretary of the Treasury will supply the bonds either from old issues issues. House and Senate differences preceding day (May 16) the Senate proved the conference report without debate. from time to time. or new the On the measure. Authorization to purchase bonds will make it possible to place these excess deposits in such Congress¬ May 17, when the House of Representa¬ ional approval on Incumbency Savings System has Tennessee Valley Authority. as Roosevelt's program for development of the Tennessee Valley, with plans for government operation of the Muscle Shoals power project, received final President said: At the present time the Postal * "i Valley Authority—President Roosevelt Affixes Signature to Legislation—Provides for Creation of New Commission "Corporation of Foreign Security Holders," "for the purpose of protecting, conserving, and advancing the interests of holders of foreign securities in default." President Roosevelt Authorises Purchase of $100,000,000 of . House and Senate Approve Conference Report on Bill for Govern¬ ment Operation of Muscle Shoals and Creation of Tennessee creation of the The in savings bank; to comply with amended are: majority of such board taken by the minutes of such board; to pledge, assign or transfer bonds and mort¬ gages and other securities owned by such rower May 27 it 3 granted and prescribed by such bank and approved by resolution of the Board of Trustees of any such savings banks ethical foundation, economic well-being cannot be achieved. REVIEW may be Speaking on the United States, at its annual dinner in Washington, Pres¬ ident Franklin D. Roosevelt presented three requests. One of these was that employers refrain from further reduction in MONTHLY REVIEW 4 increase in the wage scale in conformity with commodity price rises. "It is essential," said the President, "as a matter of national justice that the wage scale should be brought back to meet the cost of living, and that this process should begin now and not and that where possible there be an wages, that industry The President's second request was later." overproduction and unfair wages and the elimination of improper working conditions to the end that order be brought out of chaos. Finally the President reminded each and all industries that they "are but an unite toward preventing integral part of must be a national economy of the whole, rather than in terms great whole, and that our expressed in terms of the unit." follows: message main arteries of commerce of At this time, however, available traffic is not sufficient the United States. profitably to utilize existing railway facilities and the supplementary facilities provided by new forms of transportation. "Our broad problem is so to co-ordinate ;. as "I do believe, however, that all agencies of transportation I am not yet ready to submit to the to maintain adequate service. permanent legislation. Congress a comprehensive plan for three emergency steps can and should be special session of the Congress. taken at this moment during the past two months, I have had to forego the privilege of discussing many matters of common interest with the members of the For the same reason, Chamber of Commerce of the United States. complete phase of our national problems. , I do not have to tell you that the Government of the its executive and legislative branches frankly, for you to-night any I have had neither time nor opportunity to prepare State Commerce Commission Act. impracticable. be placed definitely under regulation and control of the Inter-State Commerce Commission in existing provisions are unworkable and "Second, railway holding companies should the United States in has been seeking and obtaining action and to initiation of a co-operative spirit among all the nations of the world. We have sought through moderate and wise measures to increase the volume of trade, to give employment to the unemployed and to effect a broad elevation of commodity prices. of carriers, in order to avoid During the past few weeks we have witnessed a slight but definite upturn in most industries with a simultaneous rise of most commodity prices. Past experience indicates that when the price level begins to rise after a long period of declining commodity prices, wages which have been previously curtailed lag behind the rise in the price three requests. action on the part duplication of service, prevent waste, and financial reorganizations. encourage Such a co-ordinator should also, in this policy, render useful service in out carrying maintaining railroad employment at a fair wage. of this year will greatly Government and the carriers in preparation for a more perma¬ a more comprehensive national transportation policy at the experience gained during the balance assist the and nent 1934." regular session of the Congress in Confirms Nomination of Eugene R. Federal Reserve Board. Senate Black as That result has In the past burden; has prevented their just imposed upon those who labor an unfair and equitable share in the profits of industry, purchasing power of the overwhelming majority of our represent in all probability the majority of the member discussion, the nomination of Eugene R. Black, as a Mr. Black, who was Gov¬ Board. of the Federal Reserve of the Federal Reserve Bank of Atlanta, was ernor to the Reserve Board, to and Banking Senate named fill the unexpired term of Eugene Meyer, who resigned as Governor of the Reserve level. Member of 15 the United States Senate confirmed, without On May Requests—Wage Increases, Three I suggest the creation of a working with groups of rail¬ will be able to encourage, promote or require roads, "The relating to our own internal economy, and has limited the ; > recapture provisions of the InterThe Commission has pointed out that "First, I recommend the repeal of the Federal co-ordinator of transportation who, situation which has taken every of my time / "The steam railways still constitute the "Third, as a temporary emergency measure, speech follows: Because of a national and a world I present to you Roosevelt's The full text of President like manner as the railways themselves. ^ The President's and encourage financial reorganizations." prevent waste, Committee Currency Board. The approved Mr. 12. Black's nomination on May population. I therefore ask you, who from further reduction in the wages of your employees, and I ask you also to increase your wage scales in con¬ formity with and simultaneous with the rise of the level of commodity Jones Elected Chairman of the H. Jesse prices in so far as this lies within your power. scale of the nation has gone down during the past four years more rapidly than the cost of living. It is essential, as a matter of national justice, that the wage scale should be brought back to meet the cost of living and that this process should begin It is now, a simple fact that the average of the wage Announcing the election of Jesse H. Jones of Houston, Tex., as Chairman of the Reconstruction Finance May 5, the Corporation further said: Chaos—Elimination of Unfair My second request has to do with bringing order Competition., out of chaos. During what previously had been considered to be an orderly industrial system has degenerated into one of the highest disorder. You the past four years, competition, of cut¬ throat prices and of general chaos. You and I agree that this condition must be rectified and that order must be restored. The attainment of that objective depends upon your willingness to co-operate with one another to In almost every industry an industry are wholly willing to present time, attended the meeting. of the R. F. C. since its organization on working conditions. In the has been prevented by a small minority of units in many industries. I can assure you that you will have the co-operation of your government in bringing these minorities to under¬ stand that their unfair practices are contrary to a sound public policy. Reconstruction Finance Corporation Urges Recovery Be Viewed in Terms of Nation. Salaries important bearing on the other two. particular existence and interest of the company or of the the It is, therefore, not un¬ various industries of the country should apply this same Railroads Chiefly. to Affect Corporations which in the future wish to obtain loans from the Reconstruction Finance sive nounced by Jesse H. Jones, 60%, including previous cuts, while of reductions is until the corporations are of revenues. but are national economy must an integral part of a great whole, and that our be expressed in terms of the whole rather than in a sliding scale specified for salaries in lower brackets. The reductions will remain effective until the loans are liquidated or industries Chairman of the Corporation, on Under this ruling salaries exceeding $100,000 must natural that the own Corporation must reduce exces¬ to executives, according to a ruling an¬ salaries paid business with which one is personally associated. point of view to themselves. And yet I call your attention to what must be clear to all of us: That each and all of you in your own units and your Ruling Requiring Reduction Before Loans Will Be Corporations—Scale of Cuts Run from 60% on Highest to 10% Between $4,t00 and $10,000—Rule Expected be reduced though it has an It is human nature to view a problem the Corporation in con¬ Executives of in "Excessive" Salaries Made to May 28. My third request is of a somewhat different nature, of previously occupied by former Senator Atlee Pomerene of Ohio. co-operate with your past success in attaining these objectives Mr. Jones has been a director Feb. 2 1932. He has given partic¬ Mr. Jones succeeds to the position nection with the banking situation. overwhelming majority of the units prevent unfair wages, to eliminate improper Harvey O. Couch, Judge who constitute the Board of the R. F. O. ular attention in recent months to the work government. of the work together to prevent overproduction, to this end, and also your willingness to terms Secretary of Treasury; of unfair methods of and I acknowledge the existence in Woodin, H. William at the Would Bring Order Out of Corpora¬ tion, at a meeting of the directors of the Corporation on Wilson McCarthy and Mr. Jones, and not later. Reconstruction Finance Corporation Succeeding Atlee Pomerene. employers of the nation, to refrain the The procedure Pacific Southern Co. able to meet fixed charges out mentioned has been applied to when its $23,200,000 was approved. request for a loan of The statement issued by Mr. Jones follows: terms of the unit. It is ultimately of little while others avail to any of you to be temporarily prosperous permanently depressed. I ask that you translate your are welfare into the welfare of the whole; thai you view recovery nation rather than vision to lay asido in terms of the in terms of a particular industry; that you have the special and selfish interests to think of an act for a well- rounded national recovery. co-operation which I have had from your from his associates ? He has felt free to call on In that spirit the him. borrowing from the Reconstruction Finance Corpora¬ tion, the Board of Directors of the Reconstruction Finance Corporation made it such a a condition of the loan to the Southern Pacific Co. that, in the event law is passed by Congress, the officers of the Southern Pacific will put whatever limitation Congress imposes into effect from June 1 1933. Regardless of Congressional action, the Corporation made it a condition appreciation of the fine President, Mr. Harriman, and May I take this opportunity to express my special call Although Congress has not yet adopted the legislation limiting salaries of officers of corporations on me and 1 have felt free to nation is working itself out of its troubles. In that spirit we shall succeed. of the Southern Pacific Co. loan that salaries be reduced according to the following percentages: Any salary that has heretofore been more than $100,000 per year, to be reduced not less than 60%, including previous reductions; salaries that have ranged from $50,000 to $100,000, to be reduced not less than 50%, including previous reductions; those ranging from $25,000 to $50,000, to be Congress Urges Appointment Railroads—Repeal of Recapture Roosevelt in Message to President of Federal Clause mission Co-Ordinator for Urged—Jurisdiction of Inter-State Commerce Com¬ Would Embrace Holding Companies for Railroads. reduced not less than 40%, including previous reductions; those ranging from $15,000 to $25,000, to be reduced not less than 25%, including pre¬ vious reductions; those less than 15%, ranging from $10,000 to $15,000, to be reduced not including previous reductions, and those salaries and wages from $4,800 up to $10,000 to President Roosevelt sent to Congress on May 4 gency proposal for appointment of a Federal co-ordinator to reorganization. guide railroads through a also asked for immediate repeal clause his emer¬ of the Inter-State of the recapture of profits Commerce Act regulation of railway holding companies. message The President and for Federal He said in his that he would submit later a "comprehensive plan for permanent legislation." He outlined the duties of the Deductions of approximately salaried officials of this road. promote or require action on the part of the carriers, in order to avoid duplication of service, 25% have already been taken by the higher Union contracts Corporation's requirements. These are the maximum salaries that tion cam Corporation, required to as soon as or go are not affected by the be paid by the borrowing corpora¬ during the continuance of the loan of the Reconstruction Finance The road is also until the road is earning all fixed charges. to bankers and the public for funds to repay the Government the money market will permit. While the Southern Pacific Co. loan is the first in which reductions have been co-ordinator "to encourage, be reduced not less than 10%, including reduc¬ tions heretofore made. these salary required, it will be the policy of the Corporation to impose similar conditions in all future loans to railroads or other corporations paying excessive salaries. June, 1933.] MONTHLY Affair9—Thm Foreign Conference-—Adolf Disarmament Address• REVIEW statement, May 17, to the effect that the proposals made do not involve any departure from the long-standing policy Hitler's V 1?.^' of the United States Government. Efforts to preserve peace in Europe and to foster dis¬ occupied the statesmen of the leading countries during May, but it is not apparent that any great results were achieved. A war scare, which had prevailed in Europe "It was made plain at, the White House," a dispatch to the New York "Herald armament since ever Tribune" said, "that the proposed pact of non-aggression would not bind the United States to action or in any way involve a departure from this Government's established Germany turned to Fascism and nationalism, reached proportions 5 policy of forming its own conclusions and assuming its own, position in any particular case. The belief that the President pacific declaration of the 'was committing the United States to a pseudo League of early in the month that required the closest attentions of authorities in all the countries concerned. The allayed in part by a Chancellor, Adolf Hitler, scare was German lowed closely statement velt the on the heels of upon the disarmament on on May 17. Nations This fol¬ to conclude the In this aim, it negotiations for designed to keep the which peace for 10 years Union, In¬ and provide a embittered European Continent. the Although peoples It the part of some domestic commentators." on as was well to other Government as assumed in was heads, this being the more than a decade. some President that this was not the intent. /Chancellor Hitler's address before the Reichstag on the day after Mr. Roosevelt dispatched his message, was a forceful but diplomatic presentation of the German attitude on dis¬ half the appears a pact over-en¬ quarters that this might have the effect of recognition, but inquirers were informed by the method of likely to Signor Mussolini's endeavors, it will be considered was foreign commentators, and first official communication to Russia in imposed by the Versailles have result from successful. four-Power pact in Europe, a for the revision of the frontiers Treaty, was some occasioned by the fact that the message addressed to Mikhail Kalinin, President of the Soviet was attempt by Premier Mussolini of Italy, was an the part of Much interest growing political tension, not only in Germany, but throughout Europe. anything of the sort on over-fearful problem by President Roose¬ the previous day, with the express view of relieving dicative also or thusiastic profoundly important a an emas¬ culated document, according to recent reports, with little armament and of the statement and the German Chancellor "broke original substance left. Taken together, these in¬ cidents and their consequences are not very on the other hand, it is evident that all Chancelleries comments. are to avoid conflict. President Roosevelt's Appeal to the 54 Potentates of the Earth. and disarmament, addressed to the heads of 54 governments May 16. The decision to make this appeal was hastily reached, apparently with the impending statement by Chan¬ cellor Hitler in mind. Nothing was known in advance about on the Hitler declaration, the German Chancellor indicating merely that he would make the Reichstag, which was an address on disarmament to called in special session for a single day to hear the pronouncement. This method of emphasiz. ing the importance of his comments aroused keenest appre. tensions, as it was at first assumed that Herr Hitler would utter bellicose sentiments regarding the right of Germany to equality in armaments, which was granted in principle by other European powers last December in order to induce the Reich to return to the General Disarmament Conference. It was that and ado. feared that the Chancellor intended to serve notice Germany would put this grant into immediate practice serve notice that the Reich would Any procedure of this nature, it re-arm was without more of pronounced were the of the world," Herr Hitler stated. Germany, more than any other nation, is in need of security, owing to her disarmed state, the Chancellor continued, and apprehensions that he promised that the German Government will in situation, President Roosevelt took the leader¬ characteristic fashion, with a telling appeal for the observance of the dictates of ordinary humanity and the exercise of common sense. Addressed to all the participants in the General Disarmament Conference and to all nations invited to the World Monetary and Economic Conference, which is to open in London, June 12, this message called for world peace through the elimination of the instruments of offensive warfare and through the conclusion of of international non-aggression. the need for revising the peace treaties, Herr Hitler upon remarked that as "nation under a a new pact The President condemned Again and again the Chancellor de¬ manded that the highly armed countries disarm in accordance with the requirements of the Versailles Treaty, and thus afford the Reich a security which she lacks other great nation. The speech present He supported the MacDonald draft plan time it seemed that President Roosevelt's message a Chancellor Hitler's address had improved the Inter¬ national atmosphere sufficiently to insure early action on disarmament. Among the delegations to the General Disarmament Conference in Geneva, intense interest pre¬ vailed regarding further American declarations on a consul¬ tative pact. and M. It known that Prime Minister MacDonald was Herriot discussed this phase of the disarmament problem in Washington with President Roosevelt, but only broad intimations had been made public regarding the lengths to which the new Administration was prepared to commit the United States. Norman H. Davis, head of the American delegation at Geneva, finally made the American attitude an address on May 22. The United States, Mr. plain in case flict." to reach called upon to avoid increases All countries were moreover, to agree across satisfactory that they will send no armed their ^frontiers. The Disarmament more than conclusions, a come to conclusions This message produced a distinct impression in London abandoning its tra¬ ditional aloofness from European concerns, but such im¬ pressions were countered by a semi-official White House was in the peace in violation of its international measures against the violator, then, judgment rendered as to the responsible and guilty party, we will refrain from any action tending to defeat such collective efforts which these States may make Efforts quickly, he added. breach of the we concur to restore and Paris that the United States if a without being able year urged that petty obstacles be swept away and petty aims forgotten* The World Monetary Conference will meet soon, and must the States, in conference, determine that a State has been the President said, and he a willing to consult the other States, threat to peace, with a view to averting con¬ Further than that, he continued, in the event that of obligations and take Conference has labored than any and ment, while all nations force whatever more approved by the Reichs¬ Norman H. Davis Makes the American Attitude Plain. For guilty of steps toward disarma¬ requested, was tag by a unanimous rising vote. of disarmament warmly, and urged agreement upon a time and procedure for taking immediate of such negotiations. we of the relatively unarmed situation of Germany, as compared Davis announced, "is course perpetual stigma, with other countries. in during the a would find it difficult to belong any longer to the League of Nations." Much of the address was devoted to an exposition "petty aims'' and mischievous demonstrations by heads of were to the disarmament, provided other States do likewise. He warned, however, that the German Government will, under no circumstances, put its signature to any document perpetuating the discrimination against Germany. Insisting nations who seek to increase armaments beyond treaty limitations. go limit in Viscount application of "sanctions" against Germany in the House of Lords, if the Reich actually attempted to re-arm. ship peace recognized, would Hailsham, British Secretary for War, openly discussed the In this tense distinctly reassuring be only one great task to-day, namely, that can securing the provoke the instant resentment of France and Great Britain. So a He welcomed warmly the proposals made by "There is and Overshadowing other international incidents was the state¬ ment by President Roosevelt on political and economic peace was President Roosevelt for political and economic peace, and declared the German Government is ready to participate in the work of bringing order into international relations. of the dangerous drift and are making genuine efforts aware It no diplomatic despite the widespread expectations of bellicose China" comforting, but for peace. peace." made by Sir John Simon to provide implementation of the American declaration were for immediate in a consultation agreement, to be included in the General Disarmament Convention, and the subsequent debates in¬ dicate that some results may be achieved along this line. The general debate on disarmament gradually drifted back, however, to the old questions of security before disarmament, and disarmament as a means for security. France, as the MONTHLY REVIEW 6 most heavily armed State in the world and the chief proponent | payments due June 15, and for of the "security first" thesis, resisted all efforts for genuine The French Foreign Minister, Joseph Paul- disarmament. May 23 that offensive arma¬ to the League of Nations, rather than Boncour, proposed again on ments be turned over A long debate destroyed. aerial minor points of land and General Commission on armaments followed, and the until finally adopted a resolution on June 1 for adjournment not later than July 3. Government States United made has officially. change no in The the of the instalments now soon due, Washington dispatches have stated on many occasions during May. In London attempts were made to obtain statements from the MacDonald Government on the subject situation and awaits payments the in of House but these were unsuccessful. Commons, that payment of Herriot informed French authorities M. instalment defaulted the Premier Mussolini'a Four-Power Treaty. t review of the debt settlements, action toward this end has been recorded no would be a necessary December by France last due preliminary to any conversations with on the debt question, but no An effort was made to foster conclusion of the Four-Power Treaty insuring the peace of Europe for 10 years, as proposed the United States Government by Premier Mussolini of Italy. Some progress was made, recent reports indicate, but the Treaty has been been made by the Daladier ; in April generally ad¬ mitted in European chancelleries that it is nothing more than an empty gesture. Signor Mussolini revived the pro¬ ject on a British suggestion, and long conferences were held in Borne between the Italian officials and diplomatic subjected to whittling by France until it is representatives of Britain, France and Germany. result of these talks, it finally As a appeared that as part of the proposed terms for peaceful revision of the dangerous fron¬ tiers set by the Versailles Treaty, clauses were introduced calling for application of sanctions against aggressor States. Such views accord with the wishes of Poland and the Little Entente States, but they leave the difficult problem of main¬ the pessimism in Europe has pronounced following the lack of success in taining European peace untouched, and regarding the course of diplomatic events again become the several efforts to adjust The matters. Proposed World Monetary and Of almost ' Economic Conference. equal interest with the peace and disarmament negotiations during the last month were extensive prepara¬ tions for the World Monetary and Economic Conference, in London on June 12. which is to begin The arrangements gathering were started more than a year ago, but the prospects of a successful issue seemed none too bright until President Roosevelt indicated soon after his inaugura¬ tion that the United States Government would make de¬ for this termined efforts to achieve Invitations were President with Mr. Roosevelt lacked counts will throw Joint Statements The Like the which the as a Mr. mitted to was Mr. increase in gold produc¬ "monetary experience has demonstrated the modern world is to serve as a medium of international payment when the exchanges or international balances are adverse. If the international the report states, that the true of gold in should combat any able a as assure store of conception that gold is properly employ¬ or that its primary object is to wealth internal convertibility of notes so that all who will the detriment of the public good and of the general economic welfare. A more general employment of the gold bullion standard would appear to be desirable." The pressing economic problems of the world were con¬ sidered in the report from much the same sound viewpoint. may on hoard gold coin on demand, to remarked, and it must take shape along the closed national economies, with reduced standards of The world is at soon a crossroads, it was choose "whether the future is to lines of or revert to economic sense, and the monetary inter¬ nationalism to which we, in fact, were naturally and health living, fully tending in the days before the World War." If former alternative is chosen, the report added, then relieve the stricken economic world. War Debts to the United States• Con¬ problem of the war Government. Although it was great degree was the universally hoped in Europe that the Washington conversa¬ i j the the operation of the international monetary mechanism is deprived of its very foundation. "It has not infrequently happened," the nations were warned, "that measures which seemed from a national point of view to be appropriate—for instance, the imposing of higher tariffs to improve the trade balance and thereby protect the currency—have proved harmful from the general viewpoint and, by their cumulative effects, have served to accentuate the depression." With successful for the postponement of use gold standard is to be reconstituted, as it must be, practice should take account of this lesson, and the central banks the organizing committee indicated which provides merely that no advances in tariff rates or quota arrangement on imports will be made by the participants. With these exceptions, however, there have been few real indications of accomplish¬ ments at the World Monetary and Economic Conference of Much of the annual report was throughout the world, but the more significant passages relate to the monetary use of that metal. "More and more," economic distress was em¬ tions would result in arrangements McGarrah. tion their adherence to the truce, debts due the United States McGarrah urged "general restoration of a standard without delay." The report, sub¬ the heads of 26 central banks at Basle, May 8, devoted to the recent extraordinary organizing committee of the World Monetary begin at the opening of the and to last for its duration. Eight leading very annual report of that institution in which in the gold standard is ex¬ promptly approved and adopted. The directors also the United States, as President to succeed Conference, for a tariff truce to a McGarrah, elected Leon Fraser, of London by the ference to President of the Bank for Inter¬ Declares for Gold Standard. calm and much-needed faith pressed. garding the World Monetary and Economic Conference to a degree. Also satisfactory was an arrangement made at The Problem of the Retiring reformed gold of Foreign Representatives Indicate Overshadowing the World Monetary and Economic Standard. President of the Bank for International Settle¬ the retiring ments, issued an successively and Senor Torres of Chile. the nature clearly necessary to accomplish¬ also. prevailing uncertainty regarding the gold In view of the these discus¬ in aim of advancing price levels and work¬ represented score standard, it is refreshing to note that Gates W. Variations in the statements were not of great importance, save that in the announcements made in con¬ junction with the Canadian, Mexican and Chinese delega¬ tions, the aim of raising the price of silver was specifically stressed. These statements increased the optimism re¬ nations this national Settlements, phasized. conference on Question of the American Gold W. McGarrah, Gates Minister of Mexico, Senhor F. J. ing toward the amelioration of the impending negotiations Economic Conference. countries to original conversations in April, all common over uncertain, United States in voluntarily dropping from a metallic monetary base. Essen¬ tially this question remains as it was late in April, after President Roosevelt issued his proclamation on April 19. But a further step was taken late last month by the Adminis¬ tration in Washington to nullify all gold clauses in bond contracts, past and future. A measure was introduced in Congress for this purpose, and as many bonds of American origin with gold clauses now are he}d in other countries, this action necessarily caused resentment abroad. Such measures also whittled away the belief that accomplishments of note can be expected from the World Monetary and concluded by the issuance of joint statements were for approval, but such ac¬ the war-debt problem That owing to the remarkable action by the Common Aims. sions treaty-making question of the gold standard also remains The China, Viscount Kikujiro Ishii of Japan, de Assis-Brasil of Brazil, utilize his evident, and hopes for important ments have dwindled Dr. Hjalmar Schacht of Germany, Senor A. Le Breton of the Argentine, Dr. T. V. Soong, Alberto J. Pani, Finance would verification. deep shadow a at London is Jung of Italy, Finance Minister of Roosevelt undisguised in Washington late in May such treaties later to Congress throughout May. The representatives who appeared were Prime Minister Bennett of Canada, Finance Minister Guido Tomas rumors were and effect arrangements on the debts, presenting powers delegations to Washington for preliminary dis¬ cussions, and the first delegations appeared in April, when Prime Minister Ramsay MacDonald of Britain, and M. Herriot of France, came to Washington. The remaining conferred There concern. send special delegations for the entire situation obscure, and Europe regards it with remains that effecting any payments war-debt problem authorization In whatever. Government in France to obtain this Parliamentary genuinely satisfactory results. issued by Mr. Roosevelt to 11 Nor has any attempt steps toward payment were taken. June, 1933.] EEVIEW this factor in view, Reichsbank head remarked, and the object of the conversa¬ nations will find it tions is the hope was expressed that the 'various possible at the forthcoming World Mone¬ tary and Economic Conference to revise their previous lines of policy and to frame their economic and monetary plans in common. "The great desideratum in the monetary field," it was noted, "is a general restoration of a reformed gold standard without delay." As on former occasions, the warn¬ ing was expressed that little or no progress can be counted upon in the monetary sphere so long as governments fail to deal effectively with the great problems now confronting them. "Unregulated anarchy" and "short-sighted indi¬ vidualism" were condemned in the document as fatal to the satisfactory working of the gold standard. Increase of £200,000,000 in British Exchange Equalization Fund. increase in the British Exchange Equali¬ zation Fund to £350,000,000 from the former aggregate of £150,000,000 was requested in the House of Commons, May 4, by Chancellor of the Exchequer Neville Chamberlain, and promptly granted without a record vote. The increase was foreshadowed in the budget speech delivered by the Chancellor in April, but the amount remained undisclosed at that time. It was emphasized on May 4, as on the Authority for an former years, was portrayed by Dr. Schacht, supplied to show the present situation. The statements and the statistics were studied carefully by the bankers for some days, and the meeting was concluded June 2. A joint announcement by the representatives of creditors in the six lending nations was made m which general agreement was expressed that the free reserves of gold and foreign currency of the Reichsbank have fallen to such a point that further reductions might impair the exercise of central bank functions by the Reichsbank. The desirability of gradually increasing such reserves was admitted. "No concrete proposals for dealing with the situation were put forward by the Reichsbank, and the representatives of foreign creditors were present simply for the- purpose of receiving and giving information and not to conduct negotia¬ tions," the statement continued. "Those attending the meeting concurred in the view put forward by the Reichs¬ bank that whatever action the Reichsbank might feel obliged by the circumstances to take, the Reichsbank will use every effort not only to maintain contact with the various creditor groups but also to facilitate joint consideration of the and statistics Eresenting the budget,addition assome United States journals represented this April 25, being in directed tives of ave some way transmitted to the United States with the statement of intention itself, but if not, I can only say I regard it as extremely unfortunate that partial and mutilated accounts of important statements of this kind should be transmitted and thus become the foundation of misunderstanding be¬ tween two great friendly nations. I am sure I can convince the House that the purpose of the addition is not for forcing down the value of the pound relative to the dollar." The Part Mr. ChambeFain explained that the real purpose of the up the minor fluctuations in sterling The original sum of £150,000,000 would be exchange." ample for the seasonal fluctuations, he pointed out, but there has lately been witnessed the further phenomenon of "refugee capital," or capital which came to London tem¬ porarily for safety. When confidence is restored, it is quite likely such capital will return, the Chancellor added. He refused in the public interest to name the amount of such refugee capital on the ground that this information is just what the speculators want to know. Mr. Chamberlain refused to promise that no further increase in the fund will be requested, but he thought the further £200,000,000 provided an adequate margin. He expressed the opinion that the fund has been managed with great skill, but declined to disclose the "balance existing on the right side subject increase is to to "level realization." States was In the debate that followed situation with < It the United severely criticized by several Members of Par¬ liament for the recent decision to go off the gold standard. The £200,000,000 increase in the exchange account will be loaned by the Exchequer's consolidated fund, and it will mean a corresponding increase in the British Government's floating debt. that promise to become of international importance. the long-term marked that the decision for further action rests with the Reichsbank. "Our decision, which is irrevocable, is that permit further shrinkage of our gold and devisen (foreign exchange reserves)," the Reichsbank head declared. Those present assumed, an Associated Press dispatch re¬ marked, that Dr. Schacht's declaration foreshadowed a will not German transfer moratorium. iron and Steel Trade* Develop Further and Join in Higher Trade activity Price Movement*. division industrial all lines of the indications were than in the iron and steel week after the told week, the same in evidence more There the trade papers, growing activity, story of whole in the is history of the steel industry, which, as is well known, one of the remarkable ups and downs. It notoriously may be recalled that at the beginning of April the steel mills of the country were engaged to only 15% of capacity (dur¬ ing March, in the period of the bank moratoria, operations at one time were down to only 14% of capacity), and that during April activity steadily increased until by the end of that month production theoretical was proceeding at the rate of 29% having thus virtually That was considered quote remarkable in view of the depth of the gloom prevail¬ ing in March. But May was destined to see still further in capacity, production more activity of May the growth continued strength from was 29% to 31%, and said that growing price manifest in additional advances in scrap and pig iron and in the prospect of a general upward revision of quotations ter of the on year. finished steel products for the third quar¬ Buying stimulated by rising prices was coming from an ever-widening circle of consumers. users who had not been in the market for a year Many or more hastening to place orders. A tightening of delivery on certain products, especially those consumed by the auto¬ mobile industry, was probably as important a factor as were prospective price increases in influencing buyers to replenish their depleted inventories. In its issue of May than of recovery was 11, the "Iron Age" reported that steel operations in¬ creased it con¬ by the rapidly dwindling gold reserves and foreign exchange hold¬ ings of the Reichsbank. In effectr-Dr. Schacht requested the bankers present to suggest remedies. After July 1, Dr. Schacht stated, the gold and exchange reserves will have dropped to less than 300,000,000 marks, supplying a cover of less than 8% for the currency issues of the Reich. Con¬ tinuance of the present trend involves the danger of complete dissipation of reserves and of subsequent devaluation of the tl^ose of the German inflation of 1923, he asserted. "Such a catastrophe the Reichsbank will not permit," he added. German debtors are meeting their obligations promptly, the making the story And the best of it remarkable. uninterrupted, and the accounts of conditions in the industry grew more and more satisfactory with necessarily heartening effect all around. In its issue Dr. Schacht addressed the general meeting when vened May 29, and outlined the position created revival constituting a record of progress and of cumu¬ lative improvement that has seldom, if ever, been surpassed loans. disastrous consequences of industry. improvement and progress, more and extended to broadened and widened, pursuits, accompanied by quite general advances in market values. In no branch or virtually stib Hjalmar Schacht, President of the Reichsbank, and President Roosevelt, regarding the forth¬ coming World Economic Conference, intimations were given by the German officials that a partial transfer moratorium may be imposed on the external debt service due by German private borrowers. From the Reichsbank headquarters in Berlin, invitations were issued on May 15 for a meeting of private creditors of German borrowers, who were asked to assemble in Berlin May 29. Banking and other representa¬ tives of creditors in the United States, Britain, France, Holland, Switzerland and Sweden were sent to the meeting, the American delegates being Albert H. Wiggin, who acted for short-term American creditors, and John Foster Dulles, who attended for the long-term creditors. It is estimated that foreign loans to German borrowers now amount to 19,528,000,000 marks, of which 10,181,000,000 marks are short-term loans, and 9,347,000,000 marks are long-term Dr. even Great Activity with Im~ proving Price*—Non-Ferrous Metal* Also Manife*t Strength ington between with to noted in the joint communication that representa¬ was Immediately after the conclusion of conversations in Wash¬ reichsmark, lead doubled in this short period of time. German authorities also found it necessary to take exchange measures to creditors have established a small for maintaining contact with the Reichsank, similar to the short-term standstill committee. German foreign trade and world trade are fundamental to the problem of transfer, the statement added, and the view was expressed that one of the most urgent objectives of the World Monetary Conference will be to facilitate a prompt and permanent solution of the German transfer problem. Dr. Schacht read this joint statement to press correspondents, and then re¬ of Germany Deal* with the Problem of Transfers. the creditors with the intention understanding and agreements." ermanent group we Played by "Refugee Capital.*' were , mutual against their country. I do not know whether what I said by way of disclaimer in anticipation of the charge was adjustment of the exchange problem. an private credits in recent occasion, that the decision to increase the fund nothing to do with American abandonment of the gold standard. "I am sorry to see," Mr. Chamberlain remarked, "that despite my candid statement to that effect when had reach to The history of the exchange problem, particularly as it was affected by reparations and the huge German repayments of 18, the "Iron Age" reported that the upward swing of iron and steel demand had lost some of its force, and stated that while buying continued to gain, the of • increase was momentum in at a slower iron and rate. steel Indications demand of a loss already re¬ flected in scrap steel, always a sensitive commodity. The advancing tendency of scrap prices had not been universally checked, but signs of weakness had appeared at Cleveland and at Pittsburgh. Nevertheless, the national average of steel ingot output had further increased from 31% to 35%. In its issue of May 25 the "Age" reported that steel opera¬ tions further increased from 35% to 38% and remarked that renewed confidence the iron and steel both buyers and in the persistence of market had were improvements in characterized sellers and that such hesitancy attitude as of had been MONTHLY REVIEW 8 caused by the recent loss in steel demand or by the reaction had been dispelled by increased bouyancy in the automobile industry, a new spurt in tin plate business, a in scrap buying and fur¬ ther price advances on both finished steel and pig iron. Buyers were offering less and less resistance to prices, evidently being impressed both by the earnestness of sellers and the possibility of subsequent stabilization at still higher levels under Government auspices. The widely held expecta¬ tion of the industry that it would soon lose some of the support received from the motor car makers as summer ap¬ proached was not being fulfilled. Retail demand for automobiles was gaining rather than losing momentum, and total sales for May would surpass those of April by a wide margin. Motor car builders had accordingly revised their production schedules upward and it now seemed likely that May assemblies would exceed 200,000 units. Steel releases by leading automobile makers indicated that little change in operating rates was contemplated for June. At least a mild recession in activity was still regarded as a possibility for July, although this opinion was subject to modifica¬ tion according to the course of retail sales. The feature of price developments at this time was the announcement of third quarter prices on the heavy tonnage sheet mill products which were marked up $3 a ton over previous asking prices. Hot rolled strip was marked up $1 a ton to $1.60c. Pitts¬ burgh and cold rolled strip $2 a ton to 2c., Pittsburgh or steady broadening of miscellaneous steel • • Cleveland. in Eastern was Farm Federal Credit Farm Board disposition to get rid of the remaining Government hold¬ ings of both wheat and cotton and on May 12 announced that the last remaining cotton of the Cotton Stabilization Corporation would be sold to the highest bidder at the 'Corporation's office at New Orleans on May 16. This proved to be 19,306 bales of cotton belonging to the Cotton Stabiliza¬ tion Corporation, all in storage at various foreign locations; storage and carrying charges had been constantly accruing on this foreign consignment of cotton ever since it was shipped abroad the previous year, Mr. Morgenthau said and the Farm Board thought it wise to dispose of it so that the affairs of the Cotton Stabilization Corporation might be All other remaining stocks of cotton pointed out, were in process of delivery to the Red Cross for relief purposes as directed by Congress. It was Stated at the same time that the only other cotton to which the Farm Board had a claim was completely liquidated. of the Corporation, it w<as collateral in the 1930-31 season by the Co-operative Association and the Staple Cotton Co-operative Association. There is 1,557,000 bales of this cotton upon which the Farm Board made loans to permit advances to growers of 90% of the market value at the time the advances were made in the case of the American that pledged as American Cotton Cotton Co-operative Association cotton of the Staple Pig iron Pennsylvania advanced for the third time since mesh Wire Henry Morgenthau Jr., Chairman of and Governor designate of the Administration evinced from the first a Federal Government. the advanced $4 a ton. With and 80% in the case Association cotton. the sale of the small block of cotton held abroad the statement was made that the loss to the Farm April 1, going up $1 a ton. An increase of 75c a ton in Southern iron prices occurred at Cincinnati. Scrap steel weakened at Detroit and Pittsburgh, but advanced at Birmingham and St. Louis. In its issue of June 1 bringing conditions down to May 29 the "Age" was able to report still further expansion and steel production was raised still Board's revolving fund through the operation of the Cotton Stabiliza¬ tion Corporation was approximately $94,000,000. Under the by the subsidiary corpora¬ Farm Relief Act the cotton held tion is to be held for acreage acquired by the Secretary of Agriculture and disposal to planters who agree to reduce their in accordance with the provisions of the Relief higher from 38% to 41%, thus showing that in the two since the first of April production had almost trebled having risen from 14 or 15% to 41%. Not only Act and in pursuance to that, but prospects appeared to be becoming more favorable rather than less favorable, the "Age" noting scarcely any all the cotton months of Agriculture. regulations and the Secretary is not obliged to dispose of so acquired before March 1 1936. Printing cloths at Fall River qualifying circumstances to modify the outlook and with a growing belief that the so-called seasonal reaction whicfh has often marked the course of steel operations during the summer months would be absent the present year. The during April advanced from 2%c. April 1 to averaging $9.75 a ton against $9.42 a month earlier of pig iron $15.01 a gross ton against $14.10 and the price month earlier. The trend of the non-ferrous metals was also strongly up¬ ward, this being according to "Metal and Mineral Markets" "to the general improvement in business and the evidence that is accumulating as to the nature to credit the Administration's of program the Stock that points renewed expansion, control of industry aimed toward higher electrolytic copper was All the commodity markets, as well as Exchange, responding in similar fashion to this evidence of the determination to depreciate the speedy passage. of value commodity prices and wages, and constructive measures to balance the international economic system." Here in New York to effectuate that purpose and which was assured of gress which said that in response true 3%c. Saturday, In May there were further successive advances— to 3-3/16 May 3; to 3%c. May 6; to 3%c. May 10; to 3%c. May 24; to 4c. May 26; and to 4%c. May 27. (Extra sharp ad¬ vances being registered at this time by reason of the news which came from Washington on Friday, May 26, that Presi¬ dent Roosevelt had requested Congress to declare the country off the gold basis by statutory enactment and that a bill to that effect had been introduced in both Houses of Con¬ April 29. "Age" reported the composite price of finished steel May 29 pound against 1.867c. a month earlier, steel a enjoyed perhaps the sharpest rise in any In the case of 28 in. 64 x 60 the price class of cotton goods. at 1.892c. per scrap regulations issued by the Secretary No steps have yet been taken to issue these the dollar and bring about resulting inflation.) price of 27 in. cloths 60 x 64 which in April advanced from 2^4c. to 3c., rose still further to 4c. May 31, while 30 in. 40 x 30 7 oz. Osnaburgs after having risen from 5c. The successively advanced from 6%c. to 6^c. May 5, to 6%c. May 12, to 7c. May 26, to 7.25c. May 29 and to 7^c. May 31. It is of interest to re¬ call that during March electrolytic copper was quoted as low as 4.75c. Lake copper advanced by successive steps from 6Y2c. at the beginning of May to 7%c. at the end of the month. In March Lake copper sold as low as 5.00c. The April 1 The to 5%c. April 29 rose further to First National letter of May 27 Bank 7%c. May 31. of Boston in its New England after noting that the prospect of higher prices has permeated ttie cotton industry and stimulated a wave of buying in practically all lines, discusses the under¬ price of lead in New York during May moved up from to 4.10c., which compares with the low price of 3.00c. in March. Tin also showed a sharp rise, the New lying conditions responsible for this situation as follows: "The chief factor which is considered to justify higher York quotation some 3.50c. prices, aside from the general influence of the prospects of form of inflation, is the effect of the operation of the farm relief act and of the industry control bill in increas¬ May 31 being 40.75c. as against 32.62^c. May 1 and comparing with the low price of 23.50c. in March. Textile Markete Manifeet Growing Strength—Activity in ing the cost of manufacture of cotton goods. The farm act imposition of a tax on the first processing Do- meetic Cotton Mille at the Raw Cotton Aleo allows for the Higheet Rate in Several Yeare— Sharp Riee—Wool, Silk, Ray one Enjoy e and Rubber Share in a of cotton, greatly the hands of trade organizations in their efforts to unfair competitive practices and other maladjust> ments within their industry. The principal action under Growing activity in the textile trades with sharp advances in correct less a feature during May than in the of the iron and steel industry. The Census Bureau prices case was no this bill report issued under date of May 13 showed that cotton con¬ sumption by the mills of the United States during April had thus far envisaged has to do with the number of hours of operation per week. An effort is being made to provide for two 40 hour shifts, which has received the sup¬ port of a large portion of the industry. The effect of such an arrangement will be to more nearly equalize the allow¬ able operating time as between Northern and Southern mills and thus eliminate the adverse consequences of lack of aggregated 470,685 bales of lint and 54,731 bales of linters and though this was not quite as large as during March it compared with 366,481 bales of lint and 52,174 bales of linters in April 1932. Moreover Census figures of mill activity although thus far no definite action has been The industry control bill strengthens taken in this direction. Improvement• issued on May 20 showed that based on an activity of 8.96 hours per day the average number of spindles uniformity in state legislation along this line which now operated during April was 29,622,731 or at 95.7% capacity on a single shift basis. This percentage compared with exists. 93.9 for March and with only 70.5 for has been due to these new conditions, an underlying source April 1932. At the time, all reports agreed in saying that the present state of cotton mill activity was the highest in many years —according to the New York Cotton Exchange Service the highest since January 1930 when business activity and manufacturing production were just beginning to feel the effects of the long period of economic depression which lay ahead. Many cotton mills had orders booked ahead assur¬ ing capacity operations for many months. - The price of spot cotton in New York which in February had sold at below 6c a pound and in April had moved up from 6.40c. to 7.90c. jumped still higher and on May 31 was quoted at 9.35c. Aside from the growing demand for the staple there were some other favoring influences especially the freedom from a fear of further dumping operations by the of strength is the same J":' "While the buying manufacturers and of goods and the rise that has occurred low state of inventories in the hands of distributors. The replenishment of these in expanding production and by so inventories can go far doing can increase consumer purchasing power and (hence consumer buying. Whether or not developments will take this course remains to be seen." ■ • Wool and woolen goods shared in the general activity, and gossip had it that the American Woolen Co. solidly ahead for five months. The First National Bank of Boston analyzes the conditions in that division of the trade in the following interesting Wall had • Street orders booked fashion: "Mills producing wool goods have dhown a marked ex¬ pansion in operations. The demand for goods which came June, 1933.] MONTHLY BE VIEW 9 * with the first signs of definitely higher prices in the raw withdraw price lists and most of the business has been done on an 'at value' basis. cating Considerable buying inflation. material led manufacturers to of men's wear material has occurred and some manufacturers are very busy with a good back¬ April was 15% above March and 40% above the correspond¬ ing date a year ago. Even sharper gains were recorded by the mills in this section. For the first four months con¬ sumption of wool by the entire industry was 3.7% and by New England mills 15.5% over the same months of last year. "A buoyant spirit has prevailed in the wool trade during the past few weeks. Kaw wool prices have advanced sharply to the highest level since October 1931. From the low point in March the average of 25 grades at Boston has increased 43% while some grades have shot upward as much as 65%. Fine wools are now higher than at any time since the Fall of 1931 while medium grades are quoted at figures which have not been seen since 1930. The chief propelling force in the upward movement has been the com¬ petitive bidding for the new wool clip in the West With the major portion of the territory clip tied up as security for loans from Government agricultural credit agencies dealers have bid actively for the remaining free wool, which, combined with a firm attitude on the part of the grower, has resulted in a very strong primary market. The local market has followed rather than led in the advance. "While the immediate in cause for the spectacular advance wool prices has been the threat of inflation in this country, fundamental factors have provided a sound basis for ultimate strength. In addition to the technically strong position of the new clip, in which such a large part is subject to central control as to marketing and price, there is the even more important factor of the downward trend of domestic wool production. tion has been the decline and indications on For two years now, produc¬ are that this downward trend will be continued next year. It has been evident that with an increase in consumption, and perhaps without any increase, the importation of wool would again become necessary in order to make up for the deficiency in domestic production. Inasmuch as prices here had fallen considerably below foreign markets, tariff added, the local market would have to rise strongly in order to make imports profitable. Domestic prices have now reached a point close to import parity, so that our market will now became more dependent upon conditions abroad. "The situation in this country is supported by a sound con¬ dition in foreign markets. The large clips of the Southern Hemisphere countries have been well cleared at firm prices and recently foreign markets have advanced moderately. In spite of the depression and low consumer purchasing power, world production of wool has evidently been well absorbed. Stocks on April 1 in the leading exporting countries were smaller than a year ago, while supplies of wool in European consuming countries were only slightly larger." The silk industry formed an exception to the general ac¬ tivity in the textile trades, with mills reporting a slackening demand for greige and finished goods. But even here there was a sharp rise in prices, at least for raw silk, the latter part of the month, under accumulating evidence going to show the determination of the Washington authorities to resort to many different measures to bring about inflation. The sharp advance in raw silks noted in April was continued the early part of May, and Japanese double extra 13-15 deniers the early part of May were quoted at $1.57 %@ $1.62%. But this was followed by a sharp reaction and the quotation dropped to $1.45 @$1.50 May 19; then, however, a recovery took place, and May 31 the quotation was $1.65@ $1.70. This compares with $1.47% @$1.52% April 29; $1.15@ $1.20 March 31; $1.17%@$1.22% Feb. 28; $1.15@$1.20 Jan. 31; $1.47%@$1.52% Dec. 31 1932 ; $1.42%@$1.47% Nov. 30 ; $1.55@$1.60 Oct 31; $1.75@$1.80 Sept. 30; $2@$2.05 Aug. 31; $1.40@$1.45 July 30; $1.12%@$1.17% June 30; $1.10@ $1.15 May 31; $1.35@$1.40 April 30; $1.50@$1.55 March 31; $1.67%@$1.70 Feb. 29; $1,87%@$1.90 Jan. 30, all in 1932; $1.85@$1.90 Dec. 31 1931; $2.20@$2.25 on Nov. 30 and also on Oct. 31 1931, and comparing with $4.70@$4.75 on Jan. 31 1930. In the case of the 20-22 deniers Japanese crack double extra, after passing through similar variations, were quoted at $1.70@$1.75 May 31 against $1,52% @$1.57% April 29; $1.10@$1.15 March 31; $1.15@$1.20 Feb. 28; $1,12%@ $1.17% Jan. 31; $1.47%@$1.52% Dec. 31 1932; $1.42%@ $1.47% Nov. 30; $1.45@$1.50 Oct. 31; $1.60@$1.65 Sept. 30; $2@$2.05 Aug. 31; $1.45@$1.50 July 30; $1.17% @$1.22% June 30; $1,10@$1.15 May 31; $1.32%@$1.37% April 30; $1.42%@$1.47% March 31; $1.70@$1.80 Feb. 29; $1.95@$2 Jan. 30, all in 1932; $1.85@$1.90 Dec. 311931; $2.30@$2.32% Nov. 30; $2.10@$2.15 Oct. 31 1931, and comparing with $4.60@$4.65 on Jan. 311930. Crude rubber shared in full measure and in the in the general activity upward flight of prices. Especially was this the case on Saturday, May 27, when there was excited specula¬ tion in rubber, as in the case of all the commodity markets on the reports which had before that the President lation come was from Washington the day asking Congress to enact legis¬ eliminating the gold clause from all domestic and in¬ ternational obligations with a view to removing all distinc- This was interpreted as indi¬ further step in the carrying out of the program of a The effect prices 43 to 57 points log of orders. Mills working on women's summer wear are quite busy, while there are indications that buying of Fall goods will get under way at an early date. The amount of wool consumed by the mills of the entire industry during also tion between different kinds of money, and thereby do away with all preference for gold. sessions record. on rubber contracts rushed to cover on more At the that day was to send up rubber in one of the most active Saturday same time the outside demand for was unusually keen, and trade interests whatever remaining short accounts were Ribbed smoked sheets for spot delivery were quoted May 31 at 6%c. asked against 4 5/16c. asked on April 29, and 2%c. bid and 3c. asked March 31; 2 15/16c. asked Feb. 28; 2%c. bid and 2 15/16c. asked Jan. 31; 3 3/16c. bid and 3%c. asked Dec. 31 1932; 3%c. bid and 3%c. asked on Nov. 30; 3 %c. asked on Oct 31; 3%c. bid and 3 ll/16c. asked Sept. 30; 4%c. Aug. 31; 3 3/16c. asked July 30; 2 9/16c. bid and 2 ll/16c. asked June 30; 2 ll/16c. bid and 2%c. asked open. May 31; 3 l/16c. asked April 30; 3 1/lGc. bid and 3 3/16c. asked March 31; 3%@311/16C. Feb. 29; 4 5/16@4 7/16c. Jan. 30; 413/16@415/16c. Dec. 311931; 4 5/16@4%c. on Nov. 30; 4 9/16@4%c. Oct. 31; 4%@4%c. Sept. 30; 5@5%c. Aug. 31; 5%@5%c. July 31; 6 13/16@6 15/16c. June 30; 6%c. bid May 29; 5%@6c. April 30; 6%@7c. March 31; 7%@7%c. Feb. 28; 7%@8c. Jan. 31; 8%@8%c. Dec. 311930, and 15%@ 15%c. Feb. 28 1930. f Tire Prices Advanced 3% to 7% by Leading Companies—Sears, Roebuck & Co. and Montgomery Ward & Co. Also Increase Price ih Their Retail Stores. The B. F. Goodrich Co. notified its nation-wide dealer or¬ ganization, on May 1, of a tire price increase effective imme¬ diately, averagingapproximately-5%. "The increase in tire prices is prompted by the recent rise in commodities, namely, cotton and rubber, and in our opinion is fully justified," said J. D. Tew, President of the company. Mr. Tew added: We believe this increase will be cheerfully accepted by the distributor, as well as the tire-consuming public, as it is in the best interests of our employees, dealers and security holders. It is significant that this increase in price is the first to be made in nearly eight years. The advance in prices was immediately followed by other leading tire companies. The Kelly-Springfield Co. an¬ nounced advances ranging from 3% % to 7%, the latter rate applying to current popular sizes. The advances also applied to tubes and truck tires. Announcement was made by the United States Rubber Co. that it would meet the advances made by other companies. The Firestone Tire & Rubber Co. made the nouncement following an¬ regarding the tire price advances, according to advices from Akron, Ohio, May 2; We are glad to see tire prices raised, and tire dealers will rejoice also. The increase is more than justified, as it does not even cover the increased prices in raw materials. We will, of course, follow the increase in prices. Another advance in tire prices will have to be made if raw material prices keep advancing. On May 2 the Goodyear Tire & Rubber Co. followed the action taken by the other tire companies on May 1, according to R. S. Wilson, Vice-President and sales manager. He said the company increased its prices on various lines from 2 to 5%, effective retroactive to May 1. Advices from Chicago, May 2, said that Sears, Roebuck & Co. had officially announced that it Would advance tire prices in all its retail stores throughout the country, effective May 4. The advices added that the advances would be com¬ with the increase in selling prices announced May 1 by leading manufacturers. Montgomery Ward & Co. also announced that it would ad¬ vance tire prices about 5% in its retail stores. mensurate Hidest Leather and Shoes Share in the General Activity and Rise• In common with the general upward movement in com¬ modity values, sharp advances occurred in all classes of hide and leather products. After a low of 4%c. for light native cows, reached just before the bank holidays, and starting from the 6c. level which prevailed for some weeks prior to the departure from the gold standard, on April 19, says the First National Bank of Boston, hides have advanced almost without interruption until light native pound. Leather followed the raw cows sold at 11c. a material, lagging only slightly behind, and advances of as much as 50%, and even 100%, occurred, with the cheaper grades showing the great¬ est relative gain. Discussing the improvement further, the Bank adds: "It has were in a been generally recognized that hides and leather strong technical position. Although the consump¬ tion of leather had steadily declined, the supply of hides had decreased with the smaller slaughter of cattle in re¬ sponse to diminished meat consumption. Moreover, imports fell to almost the vanishing point, while large quantities of hides from country-kill were not marketed because of unremunerative prices. As a result of these factors, raw hide stocks had shown a declining tendency since the early part of 1932 and at the beginning of April were 16% below a year ago. The situation in finished leather was somewhat simi¬ lar. Stocks on April 1 were 3% less than a year ago, and although in recent months they have increased also slightly, the tendency during the past two years has been for the total consumption of leather, including exports, to exceed produc¬ tion. Tanners have kept their operations well in line with the ultimate demand. "In spite of this relatively strong situation which (had existed for some time, the hide and leather markets were under constant pressure for low prices. Shoe manufactur¬ ers demanded low-priced leather to satisfy the call for cheap 10 MONTHLY REVIEW i which shoes retailers found impoverished public com¬ pelled to buy. Several times prior to the present movement hides scored notable advances, but soon succumbed to this insistent pressure and to other depressive influences. "While the general feeling in the trade is that the present rise will be well maintained, there is 110 certainty that the upward movement will not be carried too far and a reaction For that occur. reason members of the trade would some prefer to see a period of hesitation and consolidation of the Tanners advance. are watching their sales of leather closely catering to speculative buying and in gen¬ eral are not selling far ahead. Leading shoe manufacturers have bought freely on the advance, and thus have committed in order to avoid themselves the to 1932 price for light native pointed out It is higher market. relatively speaking, hides and leather average that, still cheap. are The during the period 1890- cows a jump from 40 cents Position of Leather Improved Much Industry Fol¬ lowing 100% Rise in Hide Prices, According to David G. Ong, of President United States used largely in the manufacture of paints. Since the increase last year's in of volume May 10, that the recent 100% rise in hide prices marks the view that the Portland cement, hollow tile and fire brick, developed the following explanation: York have already seen the first "The building trades of New effects of inflation. business Price rises They activity. the major by coverages leather of the companies, he added, have greatly benefited from the morass increase in value of their inventories. loans in healthier condition. The Tanners and depression. Banks also find their Continuing, Mr. Ong also said: at But to-day we "Plants This is to be expected because production, as well have an out 1926, which is often designated of cattle hides totaled totaled 22,545,000. For sumption figures were: as con¬ and in been shut down, are or operating on reduced schedules possible employees and these employees are on of all proportion to the lowest out of a clear sky, has been the volume of stocks on hand. of what a would be (taking 1926 as compared with the amount of stock on hand for delivery at the present rate of factory, mill or quarry output, and at present wage rates, it bulks more than three times greater; and 1933 building construction has scarcely begun." "While this inquiry does not represent more than one-third year's building material requirement normal), when the prospective requirement is Grain Prices, and the past were three the years consumption in 1930 But production and were con¬ brought to market In other words, the surplus was 1932 in 107,000 hides. there In 1931, the nearly 100,000 more were hides consumed than were produced. Raw cattle hides in all hands in the United States have also been reduced. At the end of March 1932 there were 4,332,000 pieces on hand; at the of March This end modity Exchange, Inc. steers (Chicago packer of prices Against hides), a a the hide division of the Com¬ price of 4j^c. which March, the present price is 9J^c. 011 was pound. a pound for heavy native touched in the first week of This advance of over 100% is large in terms of percentage, but in terms of dollars and cents the gain is Figures compiled by Edward L. McKendrew, Vice-President great. of Commodity Exchange, Inc., and an authority on the hide market, show a low point of 9Kc. a pound for native steers was before in the Twentieth Century—on March 1 In effect, touched only twice 1908 and on April 1 1921. the recent advance has simply carried prices of native steers point where, at their new high for 1933, they are now touching the bottommost points reached In the 1907-1908 aind 1921 depressions. Lumber Trade Also Shows Marked Signs of Activity—Building fig¬ and this, coming concurrently with a growing demand, bring about a higher level of values. the statistics for the week ended the Re¬ Continue to Move Higher. continued their spectacular advance in the early part of May in response to favorable underlying con¬ closing part of the month as underlying conditions changed, possible improvement in the size of the crop better weather conditions. Manifestation of renewed and indicated under a Washington to carry out the Administration endeavors at of inflation were not wholly without influence, but program underlying conditions regarding wheat itself were dent that the primary factor in the course of wheat prices rather than Prices the latter part 3 or 4c. bushel, in response to inflationary news, but dropped back as the inherent primary influences asserted their sway. One such instance deserving especial notice occurred on Saturday, May 27, when prices sped upward with great rapidity on intelligence from Washington saying that President Roose¬ the general inflationary tendencies. of the month on several occasions bounded upward a velt had directed the introduction in Congress of bills, which destined were to quick passage, providing by statutory en¬ to make all classes of money tenderable in of payment and currency equally obligations and eliminating all preference in favor of gold, which, Tlie out of lumber continued to be held down to small served to Further Advancing ditions, which indicated a decided shortage of tlie 1933 win¬ ter wheat crop, but manifested a weakening tendency the actment Material Prices Move Higher. ures, a prices dropped back after each upward surge, making it evi¬ 1933 the figure was 3,646,000, a decrease of 686,000 pieces. improvement in the statistical position of the industry has been reflected in recent improvement Wheat prices Domestic consumption In 1980, 15,880,000 hides balanced. about Especially Wheat, Display Tendency the Early Part of May but { Were Reactionary Part of the Month Except for Several Upward Latter "normal" year, domestic pro¬ 12,759,000 against 13,058,000. 1932, of production over a kind of basic York are ex¬ -***■■ have bounds—Sugar and Coffee a as 19,058,000 hides. against consumption of 15,573,000; in 1931, 14.250,000 against 14,254,000, to of almost every wage rates. normal unusual condition in which actual consumption of duction that plants "The size of the inquiry, coming as it were, leather is much greater than production. not so manufacturing tremely low. sumption, of hides is automatically curtailed when general business slackens. two in common brick which, in¬ position of the hide and leather industry is one of the best among the major industries. In Wholesale movement further impetus. building material used in the metropolitan district of New Mr. Ong stated that the betterment of prices had gone a the A sudden rush to prospective buyers for the third and fourth cidentally, has not yet been advanced in the retail market. possible of talk of a Federal one, is held to be to dealers are being shortened as coverages line of certain to continue. seem of this price advancing movement. cause price practical being reported in almost every are "The New York State sales tax, and the leather industry since 1927. ucts—out diligent efforts to ascertain the price rises at this time, especially in during the week of the imminence heard trade of further price rises in domestic with the fewest long way to pull the entire hide and leather industry—from public and private projects being sufficiently large to approximate even totals, metropolitan district of the fact first important turn for the better which has taken place in the cattleman to the retailer of shoes and other leather prod¬ new these precipitous retail for reason "Inventories David G. Ong, President of the U. S. Leather Co., said, on con¬ ton, and other advances a released for construction is not yet Co. Leather in concrete in special cements, flue lining, wood lath, common lime, lath mortar, neat wall plaster and finishing plaster, sand, gravel, grit and linseed oil, the latter quarters of this year gave the price Statistical in other lines, as of May 15, including yard to $1.25 of cinders for use a Sheet steel up $2 to $3 struction. secure about 14c." was Current advances follow mark-ups an In reporting May 6, the National Lumber the indeed, was placed on level with other media for making the payments. same This was interpreted as the strongest evidence of the determination to carry and all yet shown out the inflationary program, commodity values, as also prices on the Stock Ex¬ Manufacturers' Association stated that for the first time this change, shot upward with great rapidity. at the mills had ex¬ remaining days of May again weakened. year, or last, lumber orders booked ceeded 200,000.000 feet. week reached The total of orders booked for the 208,665,000 feet, while the production was only 123,845,000 feet and the shipments 149,544,000 feet. But the high record for that wreek was exceeded during the week ended May 13, when the new business reached a total of 224,111.000 feet, the production was 134,003,000 feet, and the shipments 167,365,000 feet. For the week ended May 20 lum¬ ber orders at the mills overtopped previous 1982 and 1933 records, and production and shipments enjoyed the same dis¬ The But prices on the Agricultural Bureau report on the growing winter 10 and showing conditions as of May 1, confirmed the estimates of the previous month of an extreme shortage in the prospective yield, and, of course, wheat crop, issued May strengthening influence was a duction was on prices. The probable pro¬ put only a little higher than in the previous month, namely, 337,485,000 bushels, bushels , as against 334,087,000 which compared with 462,151,000 bushels harvested in 1932 and Orders totaled 237,759,000 feet, the highest weekly total since April 1931; shipments were 179,750,000 feet, while 787,465,000 bushels raised in 1931, and a five-year production (1926-1930) of 589,436,000 bushels. The indicated crop was smaller fIran the production of any year production was held down to 140 363,000 feet. since tinction. weeks of 1933 to date orders received of those booked during the same For the 20 average The condition 1904. excess was put at only 66.7% weeks of 1932, this favorable The abandonment ran slightly in comparison being due to the gain made during the last seven weeks of the period, other causes was of of the growing of normal, acreage or crop on May 1 the lowest 011 record. owing to winter killing and also without parallel in the records of the the orders booked during the first 13 having been only 84% of those of 1932. ending May 27 still further progress was re¬ ported along the same lines. Lumber orders booked at the Department of Agriculture. sawmills for that week slightly exceeded those reported for the previous week, and were the heaviest since April 1931; 1921-1930. weeks of the year For the week production and shipments exceeded all weeks since November 1931. Orders totaled 238,792,000 feet; shipments were 189,893,000 feet, and production 146,030,000 feet. As to market prices for lumber, and especially here in New York City, where the rise apparently was not war¬ ranted by in prevailing conditions, further retail price advances building materials were announced in the New York met¬ ropolitan district E. Beals in which went the on on Saturday, May 27, according to Allen Service "Daily Building Reports," Dow A $5 advance will be effective to-day, in the retail price of yellow pine a $4 to $5 advance in the retail price here of West Coast timber. There also an advance Of $4 a rwas with 14.7% the average abandonment for the 10-year period The acreage abandoned was placed at 12,889,000 which left the acreage remaining to be harvested at 27,096,000 acres, compared with 33,656.000 acres harvested in 1932 and an average of 38,560.000 acres for the five-year acres, period 1926-1930. This was the smallest acreage remaining since 1912. The last half of May, for harvest in 21 years, or however, weather conditions improved, leading to the sup¬ as to the probable size of the crop would be somewhat higher, and at the same time position that the June compilation weather conditions in the west also became spring wheat sections of the North¬ quite favorable. And this was reflected in the tendency to say: and was The percentage of acreage aban¬ put at 32.2% of the area sown the previous autumn, which compares with 13.7% abandoned in 1932 and doned ton on finishing hydrate lime: towards lower price levels, notwithstanding the general inflation program of the Washington authorities. The May option for figure of the month wheat at Chicago touched the highest on May 11, the day after the Bureau / June, 1933.] MONTHLY REVIEW 11 report was issued, but thereafter moved irregularly up and down, but with the general tendency downward and with the lowest figure of the month recorded on May 22 at 66%c. As far as Then there came some recovery, great demoralization the early part. largely as the result of in¬ flation news from Washington, an especially pronounced up¬ ward surge occurring on Friday, May 26, and Saturday, May 27, as a result of the special circumstances already enumerated, on which two days the price moved upward from 68%c. to 73 %c.; this last rise was better maintained than the earlier ones, and the close of May wheat at Chicago. May 31, was 71%c., which compares with a high for the month of 74%c., and with an opening price on May 1 of 72% c. The July option for wheat at Chicago was at its highest for the month on May 12, at 75%c., and at its lowest on May 22, at 6814c., with a recovery to 7514c. on Saturdays May 27, and with the close May 31 at 73 %c., which compares with the opening price of 73c. on May 1. At Winnipeg there were simi¬ lar wide fluctuations, but with the level of prices always much lower than at Chicago, with the close of the May option, May 31, at 6514c. against 6014c. the opening price on May 1. The July option at Winnipeg closed May 31 at 6514c. as compared with an opening price, May 1, of 62%c. Corn prices continued to move up strongly, one factor in the advance being that seeding of corn was much delayed by bad weather conditions. The May option for corn at Chicago closed May 31 at 43c. as against an opening price May 1 of 35%c., and the July option closed May 31 at 4514c., in com¬ parison with an opening price, May 1, of 38%c. Oats prices within narrow limits, the close for the May option Chicago, May 31, being 2314c. against 24%c. the opening price May 1, and the closing price for the July option, May 31, at 25%c. against 24% c. the opening price May 1. moved at Sugar prices advanced further after the previous sharp advance. Cuban raw sugar, in which sales were recorded at 1.37%@1.40c. on April 29, showed some sales at 1.40c. at the beginning of May, but later there was a recession to 1.32c. On May 31, however, there were sales to operators for prompt shipment at 1.48@1.49c., the spot price at the time being 1.30c. The wholesale price of refined sugar here in New York remained unchanged throughout the month at 4.50c. at all the leading refineries. Coffee moved somewhat higher. The Federal Farm Board, on May 8, disposed of 62,500 bags of Santos coffee at prices ranging from 9.26c. to 9.36c. This constituted the regular monthly allotment of coffee acquired from the Brazilian American wheat. Government in 1931 in exchange for At the April sale of 62,500 bags, the prices realized ranged from 8.28 to 8.85c. It was announced in Associated Press dispatches from Rio de Janeiro, May 28, that the Brazilian Government Coffee Department had de¬ cided to purchase 40% of the 1933-34 crop at cheap prices, its disposition to be decided upon later. Of the remaining 60%, one-half is to be sold freely to the coffee trade, and half retained for gradual release. No. 7 Rio for spot de¬ livery in the New York market was quoted at 7%e. May 31, April 29 and on Marcih 31, and comparing with 8@8%c. Feb. 28; 8y2c. Jan. 31; 8%c. Dec. 31 1932 ; 8%c. Nov. 30; 8%c. Oct. 31, and the nominal price of 10c. bid on Sept. 28. This last compares with 8%c. bid Aug. 31; 8%c. July 30; 7%c. on June 30; 8y2c. May 31; 7% @7%c. April 30; 7%c. March 31; 7%c. Feb. 29; 7%c. Jan. 30; also with 7@ 7%c. Dec. 31 1931; 6y2@6%c. Nov. 30; 5%@6c. Oct. 31; 5%c. Sept. 30; 5y2@5%c. Aug. 31; 5%@6c. July 31; 6%@ 7c. June 30; 6%c. May 29; 6%@6%c. April 30; 5%c. March 31; 5%@5%c. Feb. 28; 6%c. Jan. 31, all in the year 1931, and with 7%@7%c. Dec. 311930. the same as on No. 7 Santos, May 31, was quoted at 8@8%c., the same April 29 and on March 31, and against 8%@8%c. Feb. 28; 8%c. Jan. 31; 9c. Dec. 311932; 9%c. Nov. 30, and 10%c. Oct. 31. There was no quotation Sept. 301932 for this grade, but earlier in September the price was 14c. bid. This com¬ pares with 12%c. Aug. 31; 10%c. July 30; 9%@9%c. June 30; 9%@10c. May 31; 9c. April 30; 8%c. March 31; 8%c. as on Feb. 29; 8%c. Jan. 30. It also compares with 8@8%c. Dec. 31 1931; 7%@7%c. Nov. 30; 7%c. bid Oct. 31; 6%@7c. Sept. 30; 6%@6%c. Aug. 31; 7%@7%c. July 31; 8%@9c. June30; 8%@8%c. May 29, and the same figures for April 30; 7%@ 8c. Marcih 31; 7%@8c. Feb. 28; 8%@9c. Jan. 31, all in the year 1931, and with 8%@9%c. Dec. 31 1930, and ll%c. Oct. 31 1930. Petroleum and Ite Product*. In the oil trade attention was concentrated troduced in Congress by on the bill in¬ Representative Marland, of Okla¬ homa, and supposed to be sponsored by the Washington Ad¬ ministration, which would place the petroleum industry under the direct control of Federal agencies for a twoyear period^ with stringent penalties tions by individuals provided for viola¬ or corporations of any restrictions im¬ posed by the Federal appointee. The growth of the move¬ ment to have Federal supervision of the industry resulted in the Texas Senate adopting, by a vote of 20 to 6, a resolu¬ requesting President Roosevelt "not to appoint a direc¬ tor or dictator for the oil industry of this nation, insofar as such appointment may apply to the State of Texas," and adding that "regardless of conditions within the industry that may be peculiar to other oil producing States, the State tion of Texas is able without the interference of Federal authori¬ ties to manage her own affairs." On the other hand, Gover¬ nor Ferguson telegraphed Secretary Ickes of the Interior Department that the Marland bill met with her approval, and she thought its early passage was demanded to stop the ille¬ gal overproduction of oil in Texas and perhaps elsewhere. prices for crude oil are concerned, some improve¬ ment occurred the latter part of the month, after further In the following we show all the principal price changes of the month, both in the of crude oil and the refined case product: Crude Oil• May 3.—Sinclair Prairie posts flat price of 25c. a barrel for East Texas crude. May 3.—Humble Oil & Refining withdraws posted price of 10c. a barrel in East Texas and will hereafter pay what it interprets to be the "going price" in that territory. Humble also withdraws all gravity schedules in the entire State of Texas and posts flat prices, involving reductions ranging from 2c. to 34c. a barrel. A flat price of 25c. was posted for Ranger, Mexia, Powell, Boggy Creek, Richland, Wortham, Currie North Texas, and Moran crudes, as against former postings ranging from 28c. on low grades to 52c. on top gravities. Gray county crude is posted at 20c. a against previous prices ranging from 30c. to 40c. Carson and Hutchinson county crudes now priced at 18c., as against 20 to 30c. pre¬ viously. Conroe posted at 30c., as against 54 to 64c. Crane, Upton, Crockett, Ector, Howard, Glasscock, Pecos, and Winkler county, Texas, barrel, as and Lea county, New Mexico, were all cut 10c. a barrel to 20c. Gulf coast crudes 32 to 62c. are priced at 30c. Refugio heavy crude 15c. crude cut 10c. to new a price of 25c. a barrel, barrel to new as flat price of a against a range price of 30c. Petus cut 20c. to of Mirando price of 35c. new Salt Creek and Darst Creek crude cut 17c. to new price of 23c. May 3.—Gulf Oil withdraws posted price of 10c. in East Texas and will pay on current basis at time of purchase. May 4.—Stanolind Crude Oil Purchasing Co. lowered north and centra Texas crude oils to 25c., against previous posting of 52c. May 4.—The Texas Co. meets prices posted by Humble outside of East Texas field, and in addition posts 25c. price for north Louisiana crude, this being a over, Ark., crude, reduction of from 3 to 27c. a Texas also posted 20c. price for Smack- cut of 10c.; for Duval county, Tex., crude^ 25c., a reduction of 10c., and for Saxet crude, 30c., a reduction of 15c. May 4.—Bell Oil & Gas Co. reduces posted price for southern Oklahoma and north Texas crude to flat price of 25c. a barrel, as against former scale with top of 52c. for 40 gravity and above. May 6.—Stanolind Crude Oil Purchasing Co., subsidiary of Standard of Indiana, posts flat price of 25c. representing a barrel for Oklahoma and Kansas crude, reduction of from 3c. to 27c. a a barrel. May 8.—Shell Petroleum Corp. and Texas Corp. advance posted price for East Texas crude from 10c. to new flat price of 25c. a barrel. Other companies posting 25c. are Magnolia Petroleum, Sinclair-Prairie, Atlantic Refining, and Empire Gas & Fuel. Shell also advanced crude in Yates shallow pool, Pecos County, West Texas, 5c. a barrel to price of 20c. new May 8.—Texas Corp. meets reduction to 25c. a May 9.—Ohio Oil Co. posts price of 50c. barrel for Wooster grade, at the wells, a reduction of 20c. a barrel in Oklahoma. Other Ohio Oil Co. postings included a 15c. reduction in other central western grades, making new prices 55c. for Lima, 27c. for Indiana, 47c. for Illinois and Princeton, and 42c. for West Kentucky, Big Muddy crude in Wyoming is reduced from 50c. to per level of 25c. new barrel. May 9.—Pure Oil Co. reduces Midland Michigan crude 20c., making the new price 75c. a barrel. May 9.—All grades of Pennsylvania crude reduced 20c. a barrel, the Joseph Seep Agency announces. New prices are Southwest Pennsylvania Pipe Lines, 97c.; Eureka Pipe Lines, 92c., and Buckey Pipe Lines, 77c. Bradford District oil in National Transit Tidewater Pipe Line Co. reduced 20c. to $1.27. May 9.—Magnolia Petroleum Co. meets prices of Humble Oil & Refining for crude in Texas fields, other than East Texas. May 22.—Pennsylvania grade crude oils advanced 10c. per barrel. Gatoline and Keroeene. Gasoline prices on all grades were advanced May 1, in San Francisco. This followed a He. a gallon on Monday, lc. advance in tank wagon prices posted several days previous. May 8.—Standard Oil Co. of Indiana post reductions in gasoline ranging a gallon, effective throughout entire territory. from 2.2 to 3c. May 22.—Standard Oil Co. of New York puts efTect, based on tions of from prices at Gulf cargo markets. l-10c. to He. a gallon, follow: new tank car gasoline into New prices, showing reduc¬ Socony, above 65 octane: New York, 4.85c.; Portland, Maine, 5c.; Boston, 4.90c.; Providence, 4.85c. Unbranded.—New York, 4.60c.; Portland, Maine, 4Hc.; Boston, 4.65c.; Providence. 4.60c. |l;May 23.—Sinclair Refining Co. posts 2c. cash discount on all gasoline sold through its service stations in Cuyahoga County, Ohio. May 24.—Standard Oil Co. of Ohio meets 2c. cash discount posted by Sinclair in Cuyahoga County. May 29:—Tank car gasoline prices advanced He. to 4He. by smaller companies, and met by Standard of New Jersey and other majors. THE MAY FINANCING OF THE U. S. TREASURY. The May financing of the United States Government con¬ sisted entirely of the negotiation of Treasury hills offered on a discount basis, and, as was the case during April, these were disposed of at successively lower rates. In our review of the Treasury financing for the month of April we noted that the last offering of Treasury bills for that month came on April 27 and consisted of bills running for 91 days, and dated the next month (May 3), and carrying a maturity date of Aug. 2 1933. Bids were received up to the after¬ noon of Monday, May 1. The amount offered was $60,- 000,000, and the tenders aggregated $224,691,000. The age price realized on this sale was 99.877, making the age aver¬ aver¬ rate on a discount basis 0.49% per annum. The pro¬ an addition in the same amount to the ceeds represented public debt, and did not go to take up any maturing bills. May 3 Secretary Woodin invited tenders to another issue of Treasury bills, this time to the amount of $75,000,000. They were 91-day bills, and tenders were received up to Monday, May 8. They were dated May 10 and bore a maturity date of Aug. 9 1933. The tenders in this instance aggregated $225,173,000, and the amount accepted was $75,067,000; the average price realized by the Treasury was 99.878, making the average rate on a bank discount basis 0.48% per annum. These bills were put out to meet an issue of bills for $75,228,000 maturing on May 10. Notice On came on this last-mentioned day of still another offering of MONTHLY REVIEW Oil Seaboard bills, to meet a block of $75,202,000 of similar securities maturing on May 17. These bills were dated May 17 1933 and mature Aug. 16 1933. Bids were received up to and including May 15. The tenders aggre¬ gated $254,685,000, and the amount accepted was $75,442.000. The average price realized was 99.887, making the average rate per annum on a bank discount basis 0.45%. On 91-day Treasury May 17 the Secretary of the Treasury gave notice of another offering of bills, this time for amount of 000,000. Aug. 23 similar still $60.- These bills were dated May 24 1933 and mature 1933. The proceeds went to meet an issue of securities maturing on May 24. Tenders to this 22. The bids aggre¬ gated $221,557,000, out of which $60,078,000 were accepted. The average price obtained by the Treasury was 99.893, making the rate on a discount basis 0.42%. Bids for still another offering of Treasury bills, to amount of $100,- offering were received on Monday, May Notice of this offering came on May 23, and the Secretary of the Treasury, in inviting tenders, said that the bills would be for 91 days, dated May 31 1933, and maturing Aug. 30 1933. The pro¬ ceeds were intended to provide for an issue of $100,613,000 of bills maturing on May 31. The bids aggregated no less 000.000, than were received $407,553,000, of on Friday, May 26. $100,352,000 were which accepted. price obtained by the Treasury was 99.919, or rate on a bank discount basis of about 0.32% The average an average On May 31 Secretary Woodin gave notice of still another offering of bills, this time for $75,000,000, but these were bills dated June 7, and tenders were invited up to June5. per annum. NEW The volume of domestic offerings for the month of May like that of previous months was very light and consisted almost entirely of State and municipal obligations. Below we give the larger offerings for May: MUNICIPAL 4,677,000 Westchester County, N. Y., 6% various purpose bonds, due annually from 1935 to 1960, incl., purchased at 100.10, a basis of about 5.99%, by the Chase National Bank of New York and associates. Re-offered to yield 5.60% on all maturities. 4,000,000 Buffalo, N. Y., 6% home and work relief bonds sold at a price of par to a syndicate managed by the Guaranty Co. of New York. The bonds mature on May 1 1943 and were placed on the market at 103.25 and accrued interest, to yield 5.57%. 3,500,000 Rhode Island (State of) bonds were sold as follows: $3,000,000 3H% unemployment relief, due annually from 1934 to 1938, incl., purchased by Halsey, Stuart & Co. and associates, at 101.15, a basis of about 3.09%. Re-offered to yield from 1.75 to 3 %, according to maturity. A $500,000 4 % reformatory issue, due May 15 1983, was sold to a group headed by the Chase National Bank of New York at 106.84, a basis of about This loan was placed on the market at a price to yield County, Mass., 4H% hospital funding bonds, due serially from 1934 to 1948, incl., purchased by R. L. Day & Co. of Boston and associates, at 100.17, a basis of about 4.47%. Re-offered, priced to yield from 4 to 4.15%, according to maturity. Changes in dividend declarations in May were not as in previous months and were mostly of an un¬ numerous as sections, namely, The following table, divided into two "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: FAVORABLE the class A stock resumed by 30 1933. Mines, Ltd.—Extra dividend of 25c. a share in addition to the regular quar. div. of 25c. a share both payable July 20 1933. Dunean Mills, Greenville, S. C.—Dividend resumed on the common stock by payment of $1 a share on June 1 1933. Ewa Plantation Co., Hawaii—Extra dividend of $1 a share (characterized as a special distribution from surplus) has been declared on the capital stock, par $20, payable June 15 1933. First Chrold Corp.—Special dividend of $2 a share on the no par capital stock payable May 18 1933 . This compares with $1.80 a share paid on Feb. 18 1933. Commonstocks Corp.—'Quarterly div. due May share to 3c. a share. 15 1933 increased from 2.65c. a Co.—Dividend op the common stock payment of 25c. a share due June 1 1933. Stove resumed by the Consolidated Gold Mines, Ltd.—Extra div. of 5c. a share in the regular monthly dividend of 5c. a share both payable the common stock. International Petroleum Co., Ltd.—A dividend of 28c. a share in Canadian currency has been declared, payable on or after June 15 1933 in respect to the shares specified in any bearer share warrants of the com¬ pany of the 1929 issue. Previously reg. quar. divs. of 25c. a share in Hollinger addition to May 20 1933 on paid. Kansas Oklahoma & Gulf Ry.—Dividend on the series "C" 6% cumul. pref. stock resumed on May 18 1933 by the declaration United States funds were dividend of $1 a non" of a share. Keystone Custodian Keystone Funds, Inc.—Initial divs. of 5.46c. a share on the E-l, and 19.06c. a share on the series F Custodian Shares, series May 15 1933. shares both due Co.—-Dividend on the no par common declaration of 25c. a share, payable July 1 1933. Loudon Packing the share stock resumed by Agricultural Co., Ltd.—Extra dividend of 30c. a share on the capital stock, in addition to the reg. monthly dividend of 5c. a share. Muskogee Co.—Dividend on the no par common stock resumed by the declaration of a dividend of 25c. a share. Maui Pillsbury Flour Mills, Inc.—Quar. div. on the no stock increased fr< m 15o. a share to 25c. a share. & Co.—Dividend on the payment of $2 a share. Rockwood par value common the 8% cumul. pref. stock Ruud Mfg. Co.—Qaj r. dividend resumed by 25c. a share on the $5 par common stock. resumed by payment on June 15 1933 of - of no par of 75c. a a dividend of $1.33 per share was Ball "American" year ago. dividend of 10c. a share on Thrift Stores, Ltd.—Initial quar. common stock. the no par directors on May 22: declared a dividend of $1.50 per share on tne 1st pref. stock in reduction of dividends of $7.50 accumulated to April 30. The dividend is pay¬ able June 10 to holders of record June 1, unless on June 10 the financial condition of the company is such that the dividend could not then be United States & Foreign Securities Corp.—The legally declared. Agricultural Co.—Dividend of 60c. a share declared on the stock payable June 30 1933. This compares with 50c. a share Nov. 30 1932 and 30c. a share on Feb. 29 1932. Previously the company made quar. distributions of 60c. a share on the common stock, Waialua common paid on UNFAVORABLE CHANGES. Sugar Refining Co.—Dividend on the a share to 12Hc. a share. Acadia 6% cumul. pref. stock decreased from 15c. Products, Inc.—Monthly dividend on the capital value decreased from 10c. a share to 5c. a share. Affiliated no par RR.—Semi-annual div. of $1.50 a share on Alabama Great Southern of Illinois.—Quar* div. stock decreased from 15c. a share to 7 He. a share. on Co. Investment the stock omitted. 6% cumul. & partic. pref. American stock of American States Public Service the class "B" Co.—Quar. div, of $1.50 a $6 cumul. preferred stock of no par share on the value deferred. Antofagasta (Chile) & Bolivia Ry.—Dividends on the 5% cumul. preference stock and the consolidated ordinary stock both omitted. stock reduced from $2.50' Wharf Co.—Dividend on the common Boston share to $1.50 a share. a Bradley Co.—Dividend due June preferred stock omitted. (Milton) 1 1933 on the 8% $1.75 • the capital stock City & Suburban Homes Co. of N. Y.—Dividend on reduced from 30c. a share to 20c. a share. Coca Cola Co.—Quar. div. on the no par common cumul. partic. pref. stock reduced from share to $1.50 a share. a Coca-Cola Corp.—Quar. div. share. International Columbia Building the on common dividend on annual a & Loan Association, New Orleans, the capital stock decreased from $1.50 a stock La.—Semi¬ share to $1 share. Crow's Nest Pass Coal Co., Ltd.—Quar. div. of $1 a due March 1 1933 on the capital stock was omitted. share which became Davega Stores Corp.—The directors, at a meeting May 3 1933 decided to omit the payment of dividends until such time as current earnings will warrant resumption. On March 1 1933 paid a special cash distribution of $3 a share out of capital surplus. On Dec. 1 1932 a reg. quar. div. of 15c. a share was disbursed. Eastern Minnesota Power Corp.—Quar. div. of $1.50 a share on value due June 1 1933, omitted. the $6 cumul. pref. stock of no par Engineers Public Service Co.—The directors on May 18 decided to defer until a June meeting action on the quarterly dividends of $1.25 per share on the no par $5 cum. conv. pref. stock, $1.37 4^ per share on the no par $5.50 cum. pref. stock and $1.50 per share on the no par $6 cum. pref. stock, all due July 1. Regular quarterly distributions at these rates were made on April 1 last. Finance Service Baltimore.—Quar. divs. of 20c. a share on the omitted. Co., class "A" and "B" stocks Financial Institutions, Inc.—Quar. div. of $1.50 a 1933 on the $6 cumul. preferred stock omitted. share, due May 1 Fitz Simons & Connell Dredge & Dock Co.—Quar. div. on common stock reduced from 25c. a share to 12He. a share. Four Wheel Drive Auto stock omitted. Fuller Brush Co.—Quarr dividend on the class from 10c. a share to 5c. a Goodman Mfg. Co.—Quar. a share to 45c. a share. div. on the common stock reduced no par Corp.—Dividend on the $6 cumul. pref. stock share to 75c. a share. value reduced from $1.50 a div. of $1.75 stock omitted. Hathaway Bakeries, Inc.—Quar. , on from 50c. Power Co., Green Mountain Power of "A" common stock reduced share. Ltd.—Quar. div. of $1.75 a share on the $7 pref. stock of no par value normally payable June 15 1933 deferred. Great Lakes cumul. the no par Co.—Semi-annual dividend of $3 a share on the the $7 cumul. conv. pref. a Hawaiian Sugar Co.—Monthly dividend due May stock reduced from 20c. a share to 10c. a share. share due June 1 1933 15 1933 on the capital: Co.—Semi-annual dividend of $3.50 a share on the 7% cumulative preferred stock due July 1 1933, deferred. Holland Furnace Holt & Co., Inc.—Quar. div. on the $1.80 cumul. decreased from 22He. a share to 15c. a class "A" share. Hydro-Electric Power Co.—Dividend on the 7% annual pref. stock of no par value Dome Florence Bearing Co. compared compared with a (Henry) CHANGES. Community State Corp.—Dividend on declaration of 15c. a share payable June First the no par common stock declared common 2,250,000 Rochester, N. Y., 6% tax revenue bonds sold at a price of par to a syndicate headed by the Guaranty Co. of New York. The bonds, which mature in annual amounts from 1934 to 1938. incl., were offered for public investment at prices to yield 5.25%. favorable nature. div. on share to 15c. a share. Ball Bearing.—A dividend of $1.41 per "American" on the certificates representing "B" shares of Swedish Swedish FINANCING. 5,000,000 New Jersey (State of) emergency relief bonds, due annually from 1934 to 1941, incl., sold as 5s, at par, to a group headed by the National City Co. of New York. Re-offered at prices to yield from 4 to 4.60%, according to maturity. 1,470,000 Worcester Del.—Quar. a City Stock Yards Co.—Dividends on the $6 pref. stock value and on the no par common stock resumed by payment share and 37 He. a share respectively, on both these issues. Sioux decreased from $3.50 a share to $3 a $5,000,000 Nassau County, N. Y., bonds, comprised $3,000,000 emer¬ gency relief and $2,000,000 tax revenue issues, awarded to the Guaranty Co. of New York and associates, as 6s, at 100.20, a basis of about 5.95%. Due serially from 1934 to 1943, incl. Re-offered to yield 5.60% on all maturities. 3.70%. 3.60%. of Canadian Canners, Ltd.—Dividend on the no par conv. stock reduced from 10c. a share to 5c. a share. AND DIVIDENDS IN MAY. SECURITY ISSUES Co. increased from 10c. Indiana stock decreased from $1.75 a share to 87Hc. a share. International Power Securities of $3 a share was Corp.—Dividend of $2 a share on the series "A" of no par value. paid on this issue. $6 cumul. pref. stock, Previously a dividend Knitting Mills (Ore.).—Dividend on the 7% stock due June 1 1933 reduced from $1.75 a share to 50c. a Jantzen Key West (Fla.) Electric series "A" reduced from Co.—Dividend on the 7% $1.75 a share to $1 a share. cumul. pref.. share. cumul. pref. stock, Electric Co.—This company owned by the Con¬ necticut Power Co., has omitted dividend action on the common stock. The company was paying 12% on its capital of $560,000. Manchester (N. H.) Mergenthaler Linotype Co.—Quar. div. of 40c. a share due about June 30 on the capital stock omitted. "Montecatini" Societa Generale per L'Industria Minereria ed Agricola (Italy).—Dividend of 42Hc. a share on the American depositary receipts for capital stock. This compares with 60c. a share paid on this stock a year ago, covering the year 1931. Motor Finance Corp., Newark, N. J,—Quar. div. due May 311933 on the no par common stock reduced from 25c. a share to 20c. a share. National Life & Accident Insurance Co.—Quar. div. due about June 1 on the capital stock omitted. On March 1 last a distribution of 30c. a share made on this issue. National Transit Co.—Semi-annual div. of 35c. a share on the capital 15 1933. Quar. divs. of 20c. a share were paid ont stock payable June Sept. 15 and Dec. 15 last, as against 25c. a share previously each quarter. Inc.—Action has been deferred on the quar. div. of 1 %% the 7% cumul. conv. pref. stock. New Haven Clock Co.—Quar. div. of $1.62H a share due May 1 1933 onNeisner Bros., due May 1 on the 6H % cumul. conv. Niagara Hudson Power pref. stock, series A, deferred. Corp.—Quar. div. of 25c. a share payable about June 30 1933 on the common stock omitted. the no par common stock reduced from Ohio Finance Co.—Quar. div. on 37He. a share to 25c. a share. Otter Tail Power Co. (Del.).—Quar. div. of $1.25 a common stock due about June 1 1933 omitted. share on the no par- Foundation, Inc.—Semi-annual dividend of 10c. a share payable about May 1 on the class "A" stock of no par value omitted. Pan-American Petroleum & Transport Co.—Quar. divs. of 20c. a. share omitted on the common and class "B" common stocks. Pacific Seaboard Pennsylvania Rubber Co.—Quar. div. of $1.75 a 1933 on the 6% cumul. 1st pref. stock deferred. share due March 31. MONTHLY June, 1933.] Phoenix Hosiery Co.—Dividend on the 7 % cumul. 1st pref, stock from 88Hc. a share to 87Hc. a share. reduced transactions for that day having : the extra activity on these days will appear fur¬ ther below. There was one Saturday, too, when the business Loan,.& Savings Society of Detroit.—No action taken on the quar. div. due June 1 on the 7% cumul. pref. stock. On March 1 1933 a quar. div. of 1%% was paid on this issue. share to 70c. Pure Oil Co.—Quar. divs. due July 1 on the 5H% cumul. pref. stock, the cumul. pref. stock, and on the 8% cumul. pref. stock suspended. April 1 last dividends of 37He. were paid on the 514% and 6% pref. stock, while 50c. a share was paid on the 8% preferred stock. 6% shares, or the second largest on record for a Saturday half* day session. The occasion for the excitement on that day On Quarterly Income Aug. 11933. Shares, div. of 3c. a share, payable quar. div. of 3Hc. a share was declared. Inc.—Quar. Three months ago a Queen Dyeing Co., Providence, R. I.—Quar. dividend due June 1 1933 on the 7% cumul. pref. stock has been deferred with the approval of the majority of the preferred stockholders. Rich Ice Cream Co.—Quar. div. on from 35c. a share to 25c. a share. the no par common stock reduced Socony-Vacuum Corp.—Quar. div. of 10c. share on the capital stock a omitted. Southern Colorado Power Co.—Dividend reduced from $1.25 a share to $1 a share. Southeastern Massachusetts Power the on Co.—Quar. div. on South Penn Oil Co.—Quar. div. on the capital stock reduced from 25c. share to 20c. a share. Standard Gas & Electric Co.—Quar. div. of $1 a share on the $4 cumul. preferred stock of no par value, omitted. Standard Oil Co. of Calif. (Del.).—Quar. div. on the no par common stock reduced from 50c. a share to 25c. a share. St. Louis Cotton Compress Co.—Annual dividend on the capital stock reduced from 4% a share paid on April 20 1932 to 2% a share paid on May 4 1933. Tacony-Palmyra Bridge Co.—Quar. divs. no par common the class A stock and on the share to 25c. a share. on stock reduced from 50c. a Timken Roller Bearing Co.—Quar. div. on the no par capital stock due June 15 1933, reduced from 25c. a share to 15c. a share. Two-Year Shares Corp.—Two year Trust Shares declared a dividend of 20c. a share due May 15 1933. A distribution of 27c. a share was made on Nov. 15 1932. Union Tank Car Co.—Quar. div. of 30c. a share on the no par common stock due June 1 1933. This compares with a quar. div. of 35c. a share paid on United Fruit Co.—Action stock of on the quarterly dividend due July 15 1933 on the par value postponed until June 12 1933. Previously quarterly distributions of 50c. a share on this issue. no the company made United Gas Corp.—Quar. div. of 25c. a share on the $7 cumul. non-voting 1933 omitted. preferred stock due June 1 United Guaranty Corp.—Semi-annual dividend of $2 a share 1933 on the $4 cumul. pref. stock of no par value, omitted. due May 15 United States Products Corp.—Action deferred on the $7 cumul. conv. 16t pref. stock and on the $8 cumul. conv. 2nd pref. stock. Reg. quar divs. of $1.75 a share and $2 a share, respectively, were made on these issues. • ' Waldorf System, Inc.—Quar. div. of 25c. a share on the no par common subsidiary, have deferred the reg. quar. "A" pref. stock of no par a the $6 cumul. series Dairy Products, div. of $1.50 a share on value. West Ohio Gas Co.—Quar. div. of $1.75 a share on the stock omitted. Wisconsin Power & stock reduced from COURSE OF 7% cumul. pref. Light Co.—Quar. divs. on the 6% cumul. pref. $1 share to 75c. a share and on the 7% a pref. stock from $1.16 2-3 THE a share to 87Hc. a cumul. share. THE STOCK MARKET DURING MAY The buoyancy and 1933. bullish enthusiasm which was such a marked feature of the trading on the New York Stock Ex¬ change dUringApril widened and extended during the month of May and finally swept everything before it. Further spec¬ tacular and sensational advances occurred, and new and still •higher levels of prices were established nearly every day, outdistancing previous high peaks for 1933, and in many cases for much longer periods of time. end the month tions mere as From beginning to of unalloyed buoyancy, such interrup¬ was one occurred to the upward trend being in the nature of temporary setbacks, which quickly gave place to the resumption of the forward transactions reached course of prices. The month's aggregate, according to the official an records, of 104,213.954 shares, being the heaviest total of any since April 1930, when the dealings aggregated 111,041,000 shares, and comparing with the record for all month time established in October 1929, while the stock market col¬ lapse was under way, when the dealings aggregated 141,668,410 shares. In May 1932 trading aggregated only 23.136.913 shares; in May 1931, 46,659,525 shares; in May 1930, 78,340,030 shares, and even back in May 1929 no more than 91,283,550 shares, which last will furnish an idea of the magnitude of the 1933 business. On the New York Curb Exchange the dealings volume since March 14,089,000 shares. 12,601,139 shares, were 1931, when the sales In May 1932 the sales on the largest amounted to the Curb Ex¬ change were 3,251,890 shares; in May 1931. 8.117.2S8 shares; May 1930, 22,763,240 shares, and in May 1929, 35,954.099 in shares. The bond market and the rise just in prices spectacular. as was as in the active as the stock market, of the low-priced issues On the New York Stock Exchange the case bond dealings during May reached $377,017,900. This com¬ pares with $261,621,400 in May 1932; $238,708,000 in May 1931; $220,432,200 in May 1930, and $226,877,450 in May 1929. On the New York Curb Exchange the bond sales in May 1933 were $107,054,000 against $64,924,000 in May 1932; $87,804,000 in May 1931; $71,893,000 in May 1930. and $37,250.000 in May 1929. There on were The underlying causes of the great the same which those as started speculative revival the market on its upward swing during April. The market the whole time was under the influence of the inflationary policies which were being arranged in Washington and which took an everwidening scope. These provided for many different kinds of inflation on the theory that thereby, along with the de¬ preciation of the American dollar, commodity prices as well as security values could be abundantly advanced. The gen¬ eral public had faith that this could be done, and desirous of seeing the movement succeed. At the was also time same the steady rise of the foreign exchanges against New York, meaning steady depreciation of the American dollar, which was part of the Washington Administration's policy for rais¬ ing prices in this country, which adverse movement of the exchanges, continued throughout the month, served further to promote the speculative propensity and to increase faith it, since it appeared to be tangible evidence going to show that the Washington policy would find full fruition in the United States. One illustration of the way these events were influencing the course of speculation had come on the closing business day of the previous month (on Saturday, April 29), related in our review for the month of April, when the as foreign exchanges fell into several days during the month when the sales the New York Stock Exchange exceeded 6,000,000 shares, and, as it happened, the first day of the month (May 1) and the last two business days of the month belong in this cate¬ typifying the activity for which nearly the whole was distinguished. On May 1 the sales were 6.052.010 shares, and on May 29 and May 31. respectively (May 30 gory, month having been Memorial Day and a 'holiday), they were 6,953,640 shares and 6,076,350 shares. May 11 was another day when the sales ran in excess of 6,000,000 shares, the still vanced further a against new the state United of panic and ad¬ States, the stock market responding with a further sharp rise in prices.' The speculative enthusiasm thus aroused was carried into the month, new stock omitted. Western Dairy Products Co.—Directors of the Western Inc., its upward course. in June 1 1932. common in the enumeration of striking events for There was a number of .days when trading was less animated and when the sales ran only a little in excess of 2,000,000 shares, but these were generally periods of temporary reaction during which there was always a falling off in the volume of business, as if in the great excitement the market was taking a breathing spell on were the common stock reduced from 63c. a share to 50c. a share. a will also appear the month further below. 7% cumul. pref. stock Electric & exceptional size, namely, Saturday, May 27, when the hours' trading reached 4,311,340 transactions during the two share. a of was Public Service Corp. of New Jersey.—Quar. div. on the no par common a The been 6,163.850 shares. reasons for Provident stock reduced from 80c. 13 REVIEW and the following Monday (the first day of Exchange reached 6,052,010 shares, making it one of the big days of the month, as already related. As another illustration going to show how7 every adverse turn of the foreign exchanges, or any new develop¬ June) the sales on the Stock ment in the inflation program, served to start the stock mar¬ ket up anew7, the passage of the inflation bill in the House of Representatives on Wednesday, May 3, by the overwhelm¬ followed by a new upward move¬ of great strength on Thursday, May 4, following some ing vote of 307 to 86, ment was weakness in the interval since Monday, May 1. Multiplying signs of trade revival in the commodity mar¬ kets, many from independent causes, but also influenced more or less by the general speculative fever, served further to add to the buoyancy of the stock market. On May 11, which, as already noted, was one of the days of greatest activity, with the share sales running above 6,000,000 shares, a new poor speculative rise occurred, based in the main on the w7inter wheat crop issued by the Department of Agri¬ culture at Washington, after the close of business the day before. The Department stated that the indications pointed to a very winter w7heat crop of only 337,485.000 bushels, differing slightly from the estimate a month earlier of 334,087,000 bushels, leaving the A notable rise in crop the smallest in any year since 1904. wheat prices on that day the July option touching 75%c. as against 71 ^c. the day before, and cotton, rubber and several other commodities also soar¬ ing upw7ard, acted as a further stimulus, as did the passage by both Houses of Congress of the Farm Relief Bill with its for wheat provision for several different kinds of inflation. A very pronounced state of exuberance developed all around as a consequence. About the same time the fact that the Union Pacific RR. had declared a quarterly dividend of $1.50 a share, the same as before, served still further to bullish enthusiasm, the increase also did the further adverse turn of as foreign exchanges. Accounts regarding the textile trades encouraging, as also were the advices regarding the steel trade, and rumor had it that the American Woolen were very Co. had orders booked solidly ahead for five months. About the middle of the month, for a few days, the stock speculation displayed some hesitancy, with trading on a re¬ Europe. The Ger¬ duced scale, due to the troubled outlook in man Chancellor, address before Adolf the Hitler, Reichstag was on scheduled to make an Wednesday, May 17, the Reichstag having been called in special session to hear his remarks. This address apprehension, in view was of looked forward to with decided the belligerent attitude that the Hitlerites had been displaying. There because of the fast developing were really fears that hostility between Germany leading countries of Europe, a new European war might be precipitated at almost any time. As reflecting this, the stock market had been reactionary and lower on Saturday, May 13, and again on Monday and Tuesday May 15 and May 16, respectively. On the latter dav there'came the news of the sending of a special cable dispatch and the other which President Roosevelt were neva. was addressing to the 54 potentates who participating in the Disarmament Conference/at Ge which for over a year had been barren of results In MONTHLY 14 Roosevelt made an urgent appeal for dis¬ the menace of an¬ this 'address Mr. armament all around in order to remove general conflagration in Europe. Mr. Roosevelt's mes¬ sage was evidently timed with a view to modifying the tem¬ per and utterances of Chancellor Hitler, in his address on May 17, and in this the message was successful, as the Ger¬ man Chancellor declared unqualified approval of the Roose¬ other velt The Hitler address was May 17, and had the sharp upward spurt in stocks on that day. propositions for disarmament. received by a radio broadcast early on effect of causing a A further favorable feature on the same day, and tending stimulate the rise in stocks, was the action of further to the American Tel. & Tel. 'Co. in maintaining the quarterly 9% per year. The probable course of the directors of the company, with respect to this dividend, had been looked forward to with much interest, and the fact that the dividend rate was continued at the old figure, 2%%, dividend at in face of or heavily reduced earnings, was taken to indicate had faith that the signs that the directors of the company of recovery in trade and on business, which were multiplying side, would continue to make progress, thereby cor¬ every respondingly improving the outlook for the American Tel. & Tel. Co. For a time now the commercial markets displayed a soberer tone, and the stock market REVIEW better returns as to net for stocks in the virtually everything combined price of crude rubber, and so to foster speculation for higher prices. Of the stocks dealt in on the New York Stock to the end of May the rise from 46.85 March 2 to 84.42 May 29, with the close May 31 at 81.43. As perhaps the best indication of all of the wonderful appreciation in security values that occurred during April and May, the elab¬ orate compilations prepared by the New York Stock Ex¬ change show that as of June 1 the shares listed on the Ex¬ change had a market value of $32,473,061,395 against $26,815,110,054 on May 1, and only $19,914,893,399 on April 1, showing an increase for the two months of over 12% billion For the calendar year up for the 50 stocks show a averages In the closing portion of the month, however, the bullish enthusiasm was renewed in a way and on a scale that sur¬ passed all the previous moves of the kind during the month. The foreign exchanges once more turned strongly against New York, reflecting further depreciation of the American dollar, been a development which in ordinary times would have regarded as looked upon as a depressing influence, but which was now evidence that the policy of inflation was Rumors also gained currency that bearing the fruit desired. the Reserve banks had been definitely launched on the cam¬ paign of extending their open market operations, in the pur¬ amounts of United chase of additional These securities. rumors States Government found definite confirmation at the Treasury Department on Tuesday, May 23, and the result was on that prices swung upward again with considerable force Wednesday, May 24, and the rise was carried still fur¬ ther on Thursday, May 25, even though the grain markets once more showed a weakening tendency. On Friday, May 26, there came the further incentive to bullish enthusiasm in news that the New York Federal Reserve Bank had, after the close of business the day before, reduced its discount rate from 3% to 2%%, apparently with the view to making the inflationary moves more effective. Later in the same day there came what might be called the "piece de resistance," in a statement from Washington that a bill had been intro¬ duced in Congress, at President Roosevelt's request, which provided for taking the country off the gold basis by statute. This had the effect the next day (Saturday, May 27) of swinging prices upward with accelerated force, and making the day one of the most noteworthy in Stock Exchange his¬ ^ Exchange, no less than 985 attained new high records for 1933 (and many of them new high records for much longer periods) during the month, while only 24 stocks dropped to new low levels for 1933. On the New York Curb Exchange, 508 stocks advanced to new high levels for 1933 and only 51 stocks dipped to new low figures. Taking the averages for the 50 stocks compiled by the New York "Times,' the lowest figures of the month were recorded on either May 1 or May 2, and the highest figures either on May 29 or on May 31. The low for the 25 railroad stocks averaged 26.25 May 1 and the high was touched May 31 at 36.22, with the close the same day at 34.80. The low for the 25 industrial stocks was 108.66 on May 2, and the high 133.08 May 29, with the close May 31 at 128.06, while the low for the 50 stocks combined was 67.60 May 2 and the high 84.42 May 29, with the close May 31 at 81.43. The New York "Times" says that at the close of May prices were around the best levels since Novem¬ ber 1931. also quieted down. subsequent months with the car- loadings now running larger than in 1932. The rubber had to their advantage the great rise which occurred r dollars. the separate stocks are concerned, the low figures the high figures at the close of the month, the same as in the aver¬ ages of the 50 selected stocks, thus emphasizing the sustained character of the upward movement from beginning to end As far as rule as a were American Tel. & Tel. sold up from of the month. to made at the beginning of May, and 98% May 3 120% May 29; United States Steel common from 45% May 9 to 53% May 31, and the preferred from 79% May 3 to 97% May 29; J. I. Case Threshing Machine from 55% May 2 to 74% May 27; American Can from 77% May 8 to 93% May 29; E. I. du Pont de Nemours from 52% May 2 to 79% May 27; General Electric from 18% May 9 to 23% May 31; Consolidated Gas of New York from 49% May 1 to 57% May 31; Westinghouse Electric & Manufacturing from 34% May 9 to 45% May 31, and Allied Chemical & Dye from 87 May 9 to 109% May 24. In the railroad list there were also many noteworthy advances. New York Central rose from 24 May 2 to 36% May 31; Union Pacific from 77 May 1 to 112 May 27; Atchison from 50% May 1 to 70 May 27; Delaware & 9 to 75% May 31; Southern Pacific Hudson from 59 May from in prices in this country both of securities and of commodi¬ May 31; Baltimore & Ohio from Chesapeake & Ohio from 32% May 1 to 37% May 31; Illinois Central from 17% May 1 to 32% May 31; New Haven from 17% May 1 to 26% May 31; Great Northern from 14% May 9 to 23% May 29; Northern Pacific from 17% May 8 to 24% May 31, and Southern Railway from 12% May 9 to 17% May 25. The bond market, as already indicated, shared with the stock market in the general buoyancy and notable apprecia¬ tion in values, the low-priced issues being especially favored in that respect. The Rock Island issues may be mentioned as one of the exceptions, this being due to the action of the Railroad Credit Corporation in refusing to make any further loans to the company, besides which the Reconstruction Fi¬ nance Corporation early in June also refused to extend any ties. further tory, the total of the trading reaching, as already related further above, next to the largest record for a Saturday half-holiday. It was in this new speculative furor that busi¬ ness on the Stock Exchange was conducted in the closing on days of the month, with the volume of trading of the same exceptional proportions as on the opening day of the month (May 1), and with prices carried to new high figures, not alone for 1933 but for two or three years back, in not a few instances. The foreign exchanges kept turning against the United States, still lower. with the American dollar slumping lower and This, of course, appealed to the fancy of those carried away by the inflation frenzy on the theory that the lower the American dollar went the greater would be the rise Tuesday, May 30, being Memorial Day, was and the a holiday, only American market of consequence open in the the New Orleans Cotton Exchange, and United States was this showed further active speculation in cotton and an¬ a other advance in prices. The European markets on their part recorded the tendency of commodities still upward, the American dollar still undergoing depreciation. As a conse¬ quence, the speculation for higher prices on the Stock Ex¬ change on Wednesday, May 31, was carried to new high peaks for the month. Trade accounts proved in the highest degree encouraging, and all the commodity markets yielded to the general influence of buoyancy. The copper shares were whirled up on a rise in the price of copper to 7%c. a pound, and the oil stocks attracted buying because of the marking up of gasoline prices in New Jersey. The "Iron Age" reported the steel mills of the country engaged to 41% of capacity, as against only 15% at the beginning of April. Electric power production for the week ending May 27 made the best comparison of the year, showing total production of 1,493,923,000 kilowatt hours, or 4.8% above the correspond¬ ing figure in 1932. It seemed certain, too, that the carloadings for the same week, when compiled, would likewise show another increase over the corresponding week of 1932, the same as they had for the week ending May 20. The railroad group of stocks on many occasions manifested special strength, this being due to the circumstance that many dif¬ ferent roads in their reports for the current weeks of May were able to show larger carloadings than in the same week of 1932, and also because quite a number of roads (though by no means all) were able to report improved net earnings for the month of April in the face even of continued contrac¬ tion in the gross revenues, apparently foreshadowing even 19% May 1 to 26% 13 May 9 to 22 May 31; accommodation to the road. On the other hand, the noteworthy advances those in the case of the bonds of the Southern Railway Co. deserve especial mention. among Thus the development and general 4s, series A, after rising 29, touched 53% May 31. Among foreign government obligations the French obliga¬ tions selling on the New York Stock Exchange list enjoyed extra £harp advances on the news that the French Govern¬ from 17 24 Feb. ment had decided according to to 37 April to pay the coupons due June 1 in gold, their terms, notwithstanding that President Roosevelt had decided that the gold clause must be elimi¬ nated in all payments of obligations, both past and present, and, accordingly, payment in any form of legal tender would answer for the purpose, the American dollar in all these other forms having a greatly depreciated value. In the fol¬ lowing table we indicate, as usual, the fluctuations for the month in the different issues of United and also in a States obligations, large list of railroad and industrial bonds, and considerable number, likewise, of foreign bond issues; a First Government Bonds. Range During May 1933. Sale Last Sale May 1. Lowest. Highest. May 31. First Liberty Loan— 3^8 4tfs 1932-1947 1932-1947 ioo»i» 101«ii l00"«May 101*«uMay 1 102**,,May 24 1 102*°,,May 31 1 103*31 May 24 1 109**3,May 26 1 105«3iMay 29 102*<3i 102**n Fourth Liberty Loan— 4^s o! Treasury Treasury Treasury Treasury Treasury 1938 1947-1952 102«.i 107»« 102**3,May 4#s 4s 1944-1954 103«ji ..1946-1956 1943-1947 101**u 103**„May 101»»iMay 100*11 100 1951-1955 95**n 1933 3%a 3f$s 3s 35^s 3%s Treasury 3^s Treasury Treasury 1940-1943 1941-1943 1946-1949 107*31 May May 95«»iMay 1 104*«,,May 12 1 102 May 24 1 103*n 109**ii 105**n 104*n 101**n 99*31 May 24 98**n 100*31 1 OO'ii May 1 102*31 May 24 I01*»ii I00*u 100*3, May 97*»i May 1 102*31 May 31 1 100*3i May 24 101«n 97«ii 99**h June, 1933.] MONTHLY Price Lowest. 76 H Bost & Maine 1st 5a 61 34)4 A C.1967 Ches <fc Ohio ref & lmpt 4Mb B *95 Chic Mllw <fe St P gen 4s ser A '89 Chic Mllw St P & Pac 5s A.. 1975 conv 4^8 83)4 4754 19)4 14H 50)4 35)4 35)4 A. 1949 ser C C C & St L 4)4s series E..1977 Erie ref & lmpt 5s of 1927... 1967 Ref & lmpt 5s Of 1930 1975 Great North gen 4)4s ser E..1977 111 Cent C St L & N O 5s ser A '63 Kansas City Sou ref & lmpt 5s '60 Lehigh Valley (Pa) Mo-Kan-Texas 55 37 N Y N H & H 1st & ref 4)4s.1967 N Y Ont & West ref 4s 1992 69)4 1978 83)4 May 11 52 May 31 75 May 27 92 May 24 60 May 31 36)4 May 27 26 May 25 65 May 31 47)4 May 31 47)4 May 31 64 May 29 66 May 27 79 May 29 48)4 May 27 5554 May 31 14)4 May 25 32 May 27 70)4 May 31 62 May 25 75)4 May 31 1 1 1 2 1 1 1 1 1 2 9 2 1 May 1 10)4 May 18)4 May 51)4 May 57)4 May 68)4 May 42)4 1054 18)4 53)4 57 54 Pennsylvania RR deb 4)4s._1970 42 93)4 May 24 3 35 May 45)4 May 60 May 54 May 37 May 51 adj 5s_.1967 1975 1 50)4 May 35)4 May 47)4 4s..2003 cons cum Missouri Pacific gen 4s N Y C & St L 4)4s ser C Highest. 85)4 May 74)4 May 34 May 59 May 83)4 May 47)4 May 19 May 14)4 May 8654 Balto & Ohio 1st gold 4s....1948 Convertible 4)4s 1960 Chic & N W May 31 1933. May 1 1995 ser Price Range for May. 1933. Atch Top & S Fe gen 4a of business on Thursday, May 25, gave notice of the lower¬ ing of its rediscount rate on all classes of bills from 3% per Closing Opening Railroad and Industrial Bonds. 1 1 1 1 1 to 2%%, the change becoming effective the next Friday, May 26, and on this latter date the Chicago Federal Reserve Bank followed suit by reducing its rate from 3%% to 3%, effective Saturday, May 27. Somewhat later the annum 92)4 82)4 51 75 Boston 90 X 33 X 1950 1978 1956 1952 60 Allegheny Corp coll tr 5s....1944 15 1654 15)4 3754 35 Southern Ry gen 4s ser A Western Maryland 1st 4s Collateral & 5s......1949 28 28 Amer & Foreign Power 5s...2030 40 7954 85)4 42 )4 Int Tel & Tel 40)4 conv 46 loan 64 conv deb 4)4s.l939 Paramount Famous Lasky 6s 1947 Warner Bros Pictures 6s 1939 3 May May 11 83 3 May 1 42)4 May 4 38)4 May 6 1 May 2 23)4 May 2454 Foreign Bonds— Antloqula (Dept) 7s ser A... 1945 Argentine (Govt) 6s ser A... 1957 1 May 56 6 56 8)4 May 56 May 55)4 May ..1962 50 80 80 External 1959 5)4s Australia 5s of 1925 External 4Mb of 1928 ..1956 32 1947 1957 68 1958 5s. Sinking fund 5s 68 Chile (Republic) 6s Sept 1961 External sinking fund 6s-.1963 8)4 8 External sinking fund 6s__1960 8)4 French Republic extl 7)4s... 1941 External 7s of 1924 1949 German (Republic) 7s 131 130 from % of 65)4 4554 1949 German Govt internat 5)4s..l965 New South Wales (State) 5s. 1957 77)4 External sinking fund 5s.. 1958 77 Queensland (State) ext 7s... 1941 External 93)4 1947 6s Rio Grande do Sul 8s 1946 "2954" VOLUME OF BUSINESS 104,213,954 Bond sales (par value)— Railroad & mlscell 260,918,000 2 3 25 1 42 THE ON Month of May— Stock Sales—No.of shares 87 May 16)4 May 2954 May 1946 Uruguay (Republic) 8s 83 83)4 76,643,500 United States Govt 39,456,400 time obtainable at deposits would be reduced extraordinary financial measures Government at Washington,. such as the the United States securities held abroad would be coupons on refused on by the United States Treasury, the enactment of 90 the Farm Relief bill with its several different kinds inflationary rider authorizing inflation of and for reducing the dollar, and the introduction of bills in Congress at the instance of the President for taking the country off the gold basis by statutory enactment, which 1132321079865430 654 gold 11 in 13 58)4 59 54 54 83 82)4 77)4 content the 7)4 9)4 31)4 28)4 71 not of the remote past very would have been considered deeply disturbing events, were without influence in any branch of the money market. On the contrary, they were regarded with favor quite generally as indicating the carry¬ ing out of the President's program extending banking and and thereby, as claimed, furnishing a basis for higher levels of values in the commodity and security markets alike. Very little attention was given to the deeper import of all these measures when they shall credit 27 facilities, obtain full - 'io k" 10 sway, and providing, as they do, for the use of the printing presses in such a ready way for the issuing and 10 127 1 1 127)4 57)4 38)4 80 78)4 93)4 marketing of Government obligations in all their varied character which in the past history of the world has always been the certain forerunner of financial disaster. Other phases of the money market partook of the characteristic of extreme the time loan division the middle - 25 of the ease for month, as same the call loan division. In security loans there was, after a faint trace at one time of a hardening of the rate for loans of short dates, but this quickly disappeared, and, as a matter of fact, only an occa¬ . sional 1930. 78,340.030 transaction was recorded in time loanls, quotations being purely nominal, but nevertheless ruling at exception¬ ally low levels. $ S 166,062,700 47,490,500 6,879,000 161,647,000 62,823,100 14,237,900 114,961,000 59,851,000 86,809,400 the various 54 May 27 May 29 46,659,525 $ $ State, munlc. & foreign 43 H May 27 1931. 23,136,913 all was May 1 that licenses for the export of gold to meet maturing Government obligations or interest 80)4 STOCK EXCHANGE. 1932. 1933. adopted by 47 )4 May 31 May 4 May 1 May 27 May 27 May 5 May 27 May 31 May 29 the 52 May 29 May 27 May money 1% per annum to %%. of announcement 69)4 8)4 May 29 May 31 May Exchange throughout that the rate of interest allowed on 49 10 1 call 18)4 17)4 May 31 May Stock York 70 75 X 31 3 32)4 May 22 1 May 29)4 65)4 May 13 71 66)4 May 16 69 7 5 10)4 May 5 7)4 May 1054 4 11 7 May 118 8 133)4 May 8 131 117)4 May 55)4 May 12 65)4 35)4 May 15 4554 75 May 15 81 75)4 May 18 80)4 91 May 24 95)4 New 30)4 51 24 22 ..1957 6)4a of 1927 Brisbane (City) 26)4 May 17 5 2 May 6)4 May 11 554 6)4 24)4 1969 ...1941 1 9 the on of 60 13 May 27 62)4 May 26 6254 May 26 68 May 26 83)4 May 29 83 May 27 79 May 1 34 May 3 2 , 1%. One effect of all this was that the New York Clearing House on May 31 found it incumbent to give notice 32 1 May 78)4 May 12 7754 May 12 73)4 May 18 75 1958 Berlin (City) ext s f 6s Bolivia (Republic) ext 7s External 8s Brazil external 8s rate Exchange 13 51)4 May 31 13 May 29 50 1955 External loan 5s of 1927..-1957 6s of June 1925 from reduced the month ranged unchanged at 1%, while outside the Stock 70% 46)4 55)4 53)4 May 31 70)4 May 25 49)4 May 31 44)4 May 31 48)4 May 29 81)4 May 29 90)4 May 27 55)4 May 26 78 banks Stock speculation became very active, rapidly rising prices, but this was reflected in Stock Exchange borrowing in only a moderate way, and the call 65 May 27 18)4 May 31 38 Bklyn Union Elev 1st 5s 1950 Dodge Bros conv deb 6s 1940 Internat Paper 5s ser A & B.1947 Reserve at 46)4 19 May 18 14)4 May 22 2 36)4 May 60 1 May 2 34)4 May Francisco cisco Bank June 2. 21H 63 X News General 4s series A San and 3%% to 3%, the first effective June 1, and the San Fran¬ 60 St Louis-San Francisco— Con 4)4s series A 15 REVIEW At the close quotations % of were 1% of for the month these nominal loans of 30 and 60 days, 94(5)1% for 90 days and four months, and 1@1%% for five months and six months. Total bond sales 377,017,900 Jan. 1 to May 31— Stock sales—No.of shares Bond sales (par value)— 215,239,599 Railroad & mlscell 220,432,200 273,349,666 153,717,978 416,075,460 787,155,900 310,831,000 236,954,700 $ $ $ $ State, munlc. & foreign United States Govt 238,708,000 261,621,400 902,778,500 285,602,500 47,570,000 759,752,000 316,203,600 73,173,050 639,446,300 305,795,500 333,546,500 DAILY RECORD OF Rates TIME on May 1933. 5 Months. 1 Total bond sales 1,334,941,600 1,278,788,300 1,149,128,650 1,235,951,000 1 ON THE CURB EXCHANGE. BUSINESS OF Month of May— 1933. 12,601,139 Domestic. $ % $ 8 99,026,000 4,433,000 3,595,000 58,582,000 1,840,000 4,502,000 81,843,000 2,874,000 3,087,000 64,405,000 4,117,000 3,371,000 107,054,000 64,924,000 87,804,000 71,893,000 26,909,498 21,580,144 55,021,235 117,127,915 Jan. 1 to May 31— Stocksales—No. of shares Bond sales (par value)— $ Foreign Government.. Foreign corporate Total bond sales H@1 401,757,000 $ % $ 367,183,000 15,683,000 18,891,000 311,110,000 22,750,000 22,100,000 390,876,000 11,734,000 17,458,000 319,644,000 11,874,000 16,421,000 355,960,000 420,068,000 347,939,000 THE MONEY MARKET DURING MAY 1933. new money factors of importance developed in the New York market during May, and the condition remained one of profound ease, with rates inordinately low in all branches of lending, with indications pointing to still greater, be possible, if any change at all should occur. istration at Washington was unqualifiedly policy of credit inflation, effect to this policy. and On May if that The Admin¬ committed to a proceeded to give definite 23 news came from the @1)4 III"" been authorized to resume purchases of United States Gov¬ ernment securities, with the amount for immmediate chase put at Federal pur¬ Reserve banks for the week ending Wednesday Thursday evening, night, May 24, when it appeared on May 25, showed that the total of the holdings of Govern¬ ment securities had been increased by just that amount, or The following week $27,- tin exact figures, by $25,114,000. 866,000 more United States securities further indication of the were determination acquired. to As a give effect to Inflationary tendencies, and to make credit cheap and easy, even though monetary congestion was everywhere in evi¬ dence, the New York Federal Reserve Bank, after the close 1 @1)4 @1)4 @1)4 @1)4 @1)4 1 @1)4 1 @1)4 1 1 1 1 @1)4 @1)4 1 @1)4 @1)4 1 @1)4 1 @1)4 1 1 1 @1)4 @1)4 @1)4 @1)4 @1)4 1 @1)4 @1)4 @1)4 @1)4 @1)4 1 @1)4 1 1 @1)4 1 1 @1)4 1 1 @1)4 1 @1)4 @1)4 @1)4 @1)4 1 @1)4 1 @1)4 1 @1)4 1 @1)4 1 @1)4 1 @1)4 3A@ 1 1 3A@ 1 1 3A@1 3A@ 1 54@1 3A@ 1 1 X@1 3A@ 1 ....... 1 1 1 @1)4 @1)4 @1)4 1 @1)4 1 @1)4 1 @1)4 1 @1)4 1 1 @1)4 @1)4 Satur day Sun day X@1 H@1 H® 1 @1)4 ©1)4 @1)4 @1)4 @1)4 3A@ 1 1 @1)4 @1)4 @1)4 @1)4 @1)4 1 1 1 1 1 1 1 1 1 1 Satur day Sun day 1 @1)4 1 @1)4 1 ... @1)4 @1)4 1 3A 3A )4@ 1 54@1 Satur day Sun day 3A 3A 34@1 J4@l Holi day 3A CALL May 54@1 LOANS Low. ON THE High. 1 NEW Renewal. 1 2... 3A@ 1 YORK STOCK May. EXCHANGE. Low. High. 17. 1 1 20. 5 1 1 19. 1 21. 1 Saturday Sunday 22. Saturday Sunday .... 7 Renewal. 1 18. 3 6 $25,000,000 and the condition statement of the @1)4 1 X@1 H@1 4_i. Treasury Department that the Federal Reserve banks had 1 1)4 3A@ 1 25 No 1 @1)4 @1)4 @1)4 @1)4 @1)4 @1)4 Satur day Sun day 9 12 Domestic 54@1 5 22,763,240 8,117,288 3,251,890 $ Foreign Government— Foreign corporate Total bond sales 3A 4 1930. 1931. 1932. 6 Months. 1 3A 6 Stock sales—No. of shares Bond sales (par value)— 1 @1)4 @1)4 1 2 3 VOLUME LOAN RATES. Mixed Collateral. 1 23. 1 8 1 24. 1 9 1 25. 1 1 26. 1 10.. 1 27. 1 28. Saturday Sunday Saturday Sunday 29. 30. 1 1 Holiday 31. 1 1 The demand for commercial paper increased a trifle, and while the supply of paper also was somewhat larger nevertheless dealers. remained Rates at insufficient the close of to meet the month the were it needs of 1%% for MONTHLY 16 extra choice running from four to six months, and names Reports received by 2@2}4% for names less well known. Federal Reserve Bank from commercial paper the New York public on May 19 showed market commercial paper outstanding on April 30, which compared with $71,900,000 March 31, $84,200,000 Feb. 28, and with $107,800,000 on April 30 of the previous year. There were no new developments of moment in the mar¬ ket for bankers' acceptances. There was never any very urgent demand for bills, but at the same time the offerings remained very limited and no change in the open market rates for acceptances occurred, the American Acceptance Council continuing its quotations at %% bid and %% per annum asked for 30-day, 60-day and 90-day acceptances, and %% bid and %% asked for 120 days, and 1%% bid dealers tabulated for release to the total of only $64,000,000 of open a though a reduc¬ The report of the and 1% asked for 150 days and 180 days, % of 1% tion of American made all around. was Acceptance Council, made public on May 18, re¬ April in the volume of bankers' acceptances outstanding amounting to $25,695,866, raising the total April 30 to $696,813,357, or only $13,000,000 below the amount oustanding at the end of the previous December. Robert H. Bean, Executive Secretary of the 'Council, in commenting on the figures, remarked that although the increase for the month was of moderate pro¬ portions, there was significance in tlhe fact that the gain was made up of increases in all types of acceptance! financ¬ ing. The largest item of increase was in the volume of acceptances created against warehouse receipts for staple commodities in storage. These bills increased $14,830,110. vealed an There increase during the month of was finance also in gain a of the volume bills drawn to stored abroad or shipped between foreign countries, this total having risen $3,566,492 during the month. Mr. Bean thought the acceptance business would goods quickly reflect the increase in commodity prices now observ¬ able in practically all of the principal commodities, and deemed it not unlikely that some of the current increase might be ascribed to the change in price levels. There was, furthermore, an indication that acceptance credits were being considered for many of the important crop and com¬ modity requirements where straight borrowing had been used heretofore. This was apparent from preliminary in¬ quiries for cotton and wheat credits to be availed of as the season advances. Acceptance banks held of their own bills on April 29 $205,747,336, and of the bills of other banks $198,504,994, a combined gain of $143,000,000 over the hold¬ ings of the same banks at the end of March. The holdings of acceptances by the Federal Reserve banks continued to decline, the buying rate for acceptances by the New York Federal Reserve Bank remaining away above open market rates for came to the Reserve be noted that when its buying rates for that no so old bills matured. as new 3% to 2y2% bills It should New York Reserve Bank the rate from rediscount its acceptances, Bank lowered May 26, it kept unchanged, these rates acceptances on being 2% for bills running from one to 90 days, 2%% for 91 to 120 days, and 2%% for bills due in 121 to 180 days. The Federal Reserve banks' holdings of acceptances, after the big drop in April, suffered a further reduction during May, and on May 31 were down to $19,862,000 as against $177,450,000 on April 26 and $417,289,000 on March 8. The holdings of acceptances on behalf of foreign central banks also underwent further contraction, probably for the double that the yield proved less attractive and that offer¬ reason ings of bills were very PRIME light. REVIEW back reduction 2ya%. to Federal Reserve Bank of The Chicago, closely followed the action of the New York Re¬ serve Bank. On Friday, May 26, it announced the lowering of its rate from 3%% to 3%. The change became effective Saturday, May 27. On May 31, the Boston Federal serve Bank reduced from 3%% to 3% effective Junel on Re¬ and the San Francisco Reserve Bank on June 2 also reduced from 3y2% to 3%. The other Federal Reserve Banks kept their unchanged at 3%%. rates RATES FOR MONEY AT NEW YORK. Week Ended. May 6. May 20. May 13. Call loans on Stock Exchange— ind.coll.) 1 ind. coll.) ind. coll)— Range lor wk.(mixed & @1 Week's avge.(mixed & 1 1 @1 1 Time loans vmixed & @1 1 @1 1 @1 1 1 1 1 June 3. May 27. Four months 1 Five months 1 @1X @1X @1X Six months 1 ©IX X xm X@1 A® 1 M X@1 X@1 X@1 M@1 1 x@l 1 @IX ®1X X@1 X@1X 1 @1X @1X 1 ©IX @1X 1 1 @1X 1 @1X l ©IX @ix 1 1 @1X 4 ®1X 1 Prime 4 to 6 months 2X 2 Good 4 to 6 months 2X Thirty days - Sixty days Ninety days ■ .... X@1 X@l 1 Commercial paper— Double and single names- RETURNS THE THE FEDERAL OF BROKERS' @2X 2X@2X LOANS IN NEW There was a further 2 2 2 2X 2X 2X RESERVE BANKS— YORK CITY. contraction in the volume of Reserve natural seeing that the huge vol¬ during the acute period of the bank crisis in March had served its purpose and that there was no longer any need for more than the normal amount of Reserve bank credit, the position of the Reserve Banks themselves and of the member banks alike having been credit outstanding as was ume of extra credit put out in strengthened greatly the interval. significance, fact The however, of the contraction during May lies in the that it occured in face of the putting into effect of the Ad- inflation of Reserve credit through the open market operations of the Reserve Banks. On Tues¬ day, May 23, Washington advices said that the Reserve authorities had been "authorized" to resume purchases of U. S. Government securities and that the inauguration of minstration policy of the the program would be marked by the acquisition of $25,000S. Government securities and the Fed¬ returns for the week ending Wednesday, May 000 of additional U. eral Reserve 24, showed that the purchases had reached exactly $25,114,000. In the week ending May 31 there were further purchases in amount of of reserve and $27,866,000. But curiously enough the amount total of bill credit outstanding as measured by the security holdings during the earlier week was actually the sum of $27,845,000 and in the week ending reduced in May 31 by $5,688,000 notwithstanding these acquisitions of additional U. S. securities. The contraction was due to the circumstance that the member banks reduced their borrow¬ ing at the Federal Reserve institutions and that the Reserve banks' holdings of acceptances were also heavily diminished. The result was to demonstrate that it is easier to decree a policy of inflation than to put it into effect. The amount of Reserve credit outstanding, as measured by the total of the bill and security holdings, declined from $2,404,974,000 26 to $2,221,925,000 May 24, and to $2,216,237,000 May 31 in face of the acquisition of the additional United States securities referred to. Total holdings of United April States securities were $1,889,578,000 May 31 against $1,837,- 072,000 April 26, but the discount holdings of the 12 Reserve banks, reflecting member bank borrowing, were dowrn from $385,001,000 April 26 to $301,974,000 May 31, and the hold¬ BANKERS' ACCEPTANCES. ings of acceptances dropped from $177,450,000 April 26 to The effect of the purchase of new Government securities was of increase the reserves of the member banks, they $19,862,000 May 31. Call Loans 30 Days 60 Days 90 Days 120 Days 150 Days 180 Days Accept'ces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid & Ask Secured by May 1 X XX- X X 3 AXXX- X X X ■XA- x 4 X- X X- X x x x X A- X X- 2 AA^ X X 13 14 ..... 6— 7 8 ..... 9 ..... 10 ..... 11 . 12.... . ... ..... 15 ..... 16 ..... 17 18-»_. 19 ..... ..... X" X" XX- X X X X X- X XX- XX- X X X A- X As- X BAAs- X X X X- X A- X X- x- SA- X- X A- A- X 21 22 ..... 23 ...w. 24 ..... 25 X- X X' X" X X X X ..... X- ..... 26 A- 27— X X X A- X A- X AVs7/s- X X lx-l X lx-l 1A-1 1A-1 lVs-l X- X 7A- X lYs-l lx-l 1X-1 1M-1 lx-l 29 7A - X % X X7A- A- X A- X 1X-1 1X-1 1X-1 1X-1 lx-l ix-l 1X-1 1X-1 1X-1 lx-l X- X X- X 7A- X lx-l 1X-1 lx-l A- X X- X ix-l A- X 7A- X lx-l lx-l A- X 7A- lx-l X- X A- X X- ..... X A- 30 31— 7A - X ix-l ix-l 1A-1 Saturday Sunday 1 X A- X Holiday X- X 939,000 May 3, increased each week thereafter, and May 24 were 2,194.390,000, after which, however, they fell back to continued to undergo contraction, the total falling from $3,424,114,000 April 26 to $3,203,102,000 May 31, though as A- 28 receiving the proceeds paid for the securities acquired, and member bank reserves with the Federal Reserve institu¬ $2,166,721,000 May 31 diminishing correspondingly the need of borrowing at the Reserve banks. The amount of Federal Reserve notes outstanding also, % X K A- A- States tions, after falling from $2,135,808,000 April 26 to $2,033,- A 7AAVs- Saturday Sunday 20 to United 1X-1 1X-1 IX-1 1^-1 1^-1 Sunday 5 course of lVs-1 1X-1 lx-l lx-l ix-i ys- A- X A- X A- X Saturday Sunday X- X X- X A- X A- X As- X Saturday X volumes partial offset to this the amount of Federal Reserve bank notes in circulation and against which no cash reserves required, increased from $36,798,000 April 26 to $96,The Reserve institutions were also able further to enlarge their holdings of gold. These gold hold¬ are 280,000 May 31. ings increased from $3,396,338,000 April 26 to $3,519,898,000 May 31, and explaining these increases from week as to week, although there are now no imports of the metal of any great consequence and the hoarded gold would appear to all dislodged, the New York "Times," in its financial column, had an item saying that it has devel¬ have been nearly 7A - X lx-l ix-l 7A- 1X-1 ix-l X oped that under the Thomas amendment to the Farm Relief Act, which makes all coin and currency legal tender, it is As already indicated, several of the Federal Reserve Banks possible for the Treasury to substitute other forms of cur¬ reduced their rediscount rates the latter part of May or the rency beginning of June. against National bank notes and other Treasury currencies. On Thursday, May 25, the New York Federal Reserve Bank reduced its rediscount rate from 3% to 2Y2. At the time of the acute banking crisis on Mar. 2 the rate was duction to 3% raised from 2%%-to was made on 3%%, from which Apr. 7, followed now by a a of the gold that it has held some as reserves Upon making the substitution the Treasury deposited gold certificates with the Federal Reserve banks. With the gold re¬ further for of Federal holdings larger and the liability on account outstanding diminished, the ratio of re- notes June/ 1933.] to serves bined MONTHLY deposit and Federal Reserve note liabilities was further improved REVIEW authorities were very anxious to put a restraint on the rising tendency; if they did not actively intervene to hold the rise in check the early part of the month, they cer¬ tainly did the latter part, when tihe developments on this com¬ notwithstanding the increased liability of on deposit account, this last following by reason larger member bank reserves, which constitute the the main item in the deposit column. It deserves to be pointed out, however, that beginning with the week ending May 17 a change in the method of computing reserves was made, the effect ferred the of to. which is to increase somewhat Previously it computation item an the ratio termed non-reserve cash, accordingly swelling the ratio of total gold reserves deposit and Federal Reserve note liabili¬ The non-reserve cash method it is found that against 64.5% April 26 the as ratio thus combined for May 31 was 68.0%. It should perhaps also be pointed out that during May the Federal Reserve authorities returned to the practice of furnishing full returns once more for the member banks of the system. During tihe whole of the period of the bank¬ ing crisis the Reserve Board continued to furnish the fig¬ for the member ures banks in banks in New York and the member Chicago, but could not give complete tabulations for the 110 banks in the leading cities throughout the coun¬ try which had tions of the long furnished the basis for its compila¬ so member banks. Return to the old practice occurred in the statement for the week ending May 10, and statement covered banks in it then appeared that the new only 90 leading cities, instead of the 101 leading cities for¬ merly included in the totals. The 90 cities now included in the statement those in which are ing banks have been licensed to tions. It merly all, nearly all, report¬ or full resume banking opera¬ explained that licensed member banks for¬ was included in condition statement of reporting leading cities but not now included weekly statement had total loans and investments of $711,000,000, and net demand, time and Government deposits member banks for the 101 in the of $650,000,000 on May 10, indicating that the change to the smaller number of cities involved a considerable reduction in the totals. With reference to brokers' loans for the banks in Federal New reporting member compiled by the New York York City, as Bank, the revival of Reserve speculation the on New York Stock Exchange did not bring any such increase in borrowing on Stock Exchange account as might have been expected. As against $461,000,000 April 26, these brokers' loans for tihe reporting member banks in New York City increased to $618,000,000 May 17, then dropped to $563,000,000 May 24, and were $635,000,000 May 31. Ac¬ cording to the New York Stock Exchange's own compila¬ tion, which appears only once a month, the expansion in broker borrowing was somewhat larger, and yet moderate. These figures show that borrowing by Stock Exchange mem¬ bers collateral, contracted for and carried in New York, on May 31 as against $322,492,188 on aggregated $528,509,438 at the close of business April 29, on funds and $310,961,581 on March 31. OF STERLING Sterling exchange, changes, during May EXCHANGE DURING MAY. below its old that and, being gold value, and there were numerous events indicating that Washington endeavors were kind directed earnest and to that resolute end in and his that Mr. Roosevelt determination to such a state of things. The American dollar was increas¬ ingly wreak in terms of sterling and of most of the other leading European currencies. The dollar received many heavy blows of that kind, and confidence in its value and confused ous fact, the state of to what as maneuvers on foreign this demoralization break in the dollar. the probable status In of On the last business day of the previous month, namely, Saturday, April 27, cable transfers on London had advanced another 7c. on the development of a new scare as to what was to happen, raising the rate to $3.87. This scare ex¬ tended through the whole of the first week of May, and on Saturday, May 6, some cable transfers sold as high as $4.04%. After this, for a period of about 10 days, either as the result of operations by the Exchange Equalization Fund, or for some other reason, the course of sterling Showed a change in the other direction, and May 19 some cable trans¬ fers the sold for all the doubts and As be. a which developed even dollar more so matter with the of the first than in April, largely responsible uncertainties relating to the foreign was exchange markets of all countries. As a consequence, tihe swings in sterling and in all other foreign exchange units were at all times extremely erratic, often resulting from most on inconspicuous transactions. all currencies barely tions The views of the market kept changing almost hourly, and it was traders to put through,, sizable opera¬ possible ;for and feel certain that they would come out without loss. At the same time, with the American dollar dis¬ credited, the prestige of sterling steadily increased through¬ out the world, and funds continued to flow to London as tihe the only safe repository. difficulties of the This last added still further to British authorities in regulating sterling exchange in accordance with tiheir desires and the supposed requirements of the situation. Neville Chamber¬ lain, the $3.85%. as the up more spurted in this instance cause ington that British President instantaneous. given a The that the British The effect booni| on the Stock Exchange was vitality, all the commodity markets started upward, and cable transfers on London, new on as against $3.90% on Friday, May 26, sold up to $3.98 on Saturday, May 27, the American dollar suffering corre¬ spondingly in depreciation. The movement extended into the succeeding days, and on fers was efforts May 31 the rate for cable trans¬ $4.02%, notwithstanding very determined to up the part on of the British authorities to hold the rise in check. The Bank of England kept adding to its gold holdings, more moderate fashion than during April, and at tfie same time gold kept steadily moving into the London open market from South Africa, Australia, and especially from Indja, though most of the open market offer¬ ings were taken by Continental interests, which appeared though in much to be engaged in a hoarding process, though the gold was a matter of safety. It was esti¬ mated that during the current weeks of left mainly in London as May mately £35.000.000 and that Avas the metal was received approxi¬ in London, period not much more than actually exported. Gold hoarders and specu¬ during £3,000,000 of the same lators in the metal were ruling in the market. open attracted by the premium for gold The Federal Reserve Bank of New York to on May 26 reduced its rediscount rate from 3% 2%%, but under the unsettled conditions prevalent every¬ where with respect to foreign the rate here could have or quotations. no exchange, this lowering of on foreign exchange opera¬ effect As gold here was under embargo and Reserve bank rate higher a or lower of little consequence. The Bank of in its return for the week ended May 10, showed England, was a trifling loss in the gold holdings of the institution, namely, £17,978, but for tihe week ending May 17 there was an increase of £67,509, for the week ending May 24 an increase of £31,926, and for the week ending May 31 an increase of £394.090 tinued to to new rule high at a ground. Canadian considerable discount exchange con¬ throughout the month, but with the American dollar itself depreciated the discount was not as heavy as it had been when the American dollar still Canadian had its old gold dollar for dollar value. checks was quoted On May 31 the at a discount 11%%. The gold movement to and from the United States during May not of any great importance, as little gold came abroad, while the export movement was limited entirely to gold previously earmarked for foreign account. in was from The Federal Reserve movements for the Bank month of as New York summarized the follows: "During the month of May there was an increase of about $2,000,000 in the monetary gold stock of the United States, principally to receipts of bullion from domestic sources. due "Imports of gold -were negligible and releases of $22,100.000 of gold from earmark for foreign account were with¬ out effect on the gold stock, since this gold was exported, $15,000,000 going to England, $6,100,000 to Norway, $900,000 Uruguay, and $100,000 to France. "Although there was little change in the monetary gold to stock of tihe banks serve country, the gold increased flected a tificates reserves of the Federal $103,000,000 further between May 24. This increase reporting dates, April 26 and Re¬ the re¬ substantial return flow of gold coin and gold cer¬ to the Reserve System during the week ended May 3, some further coin and certificate deposits in the subsequent weeks, and also deposits of gold by the Treasury These deposits by the Treasury repre¬ sented gold which had been freed by the substitution of other forms of money doubt now felt that the gold obligations should be completely enactment by Congress itself, further rush a held no Roosevelt thereby re-enforcing his own efforts to that end. was contingencies, and there be with great rapidity, the propelling being the announcement from Wash¬ clause in the payment of eliminated by statutory Chancellor of the Exchequer, had an¬ nounced, toward the close of April, that the Exchange Equal¬ ization Fund would be increased from its old figure of £150,000,000 to £350.000,000 in order to be prepared for all can But tihe latter part of May by a new panic, and on dollar again weakened, and rates seized was Saturday, May 27, nervous in low as exchange market once of everywhere continued May, the to was exchanges indi¬ who, in view of the course place than the United States. the ultimate outcome of the vari¬ side Paris some by frightened holders of events, thought London a safer was bring about steadily waned, exchange dealers being all the time direction of London from centers, and perhaps also foreign exchange transactions restricted, indeed, all the European ex¬ were completely under the influence of the events on this side bearing on or growing out of the American policy for depreciating the American dollar of steadily in the rect transfers from the United States tions COURSE so and other Continental other no longer appears as a separate item, but is available for earlier dates, and recom¬ puting the ratio for these earlier dates on the basis of the new new indications that very radical policies adopted to bring about a depreciation of the dollar, but the task grew steadily more difficult, with the flow of re¬ and other cash to furnished would be cash, and $100,- which item had been running in the neighborhood of 000,000. Now this non-reserve cash is lumped with ties combined. side the practice to exclude from was 16a in the Reserve banks. against Treasury for gold which had previously been liabilities. This substitution was MONTHLY REVIEW 16b States currency legal tender." Reichs¬ transfers on with 27.51@ 27.75 on May 1, though on May 6 some transactions were recorded at 28.61c., while, on the other hand* on May 17 some deals were put through as low as 26.63c. The German authorities, however, did not follow the French practice of announcing that gold would be paid on obligations payable in gold; instead, advices came from Basle, Switzerland, on May 13, that Germany had informed the Bank for Inter¬ national Settlements that it intended to pay on June 1 the interest on the dollar, pound and kroner portions of the Young International 5y2% loan on the basis of the face value of the respective currencies instead of upon the gold basis. The Bank of Germany for the first quarter of May showed a decline in gold holdings of 9,742,000 marks, a loss of 15,775,000 marks in the second quarter, of 12,676,000 marks in the third quarter, and of 19,000 marks in the fourth quarter of the month, reducing the grand total of the gold holdings May 31 to 372,329,000 marks against 862,721,000 marks May 31 1932, and 2,390,327,000 marks on May 30 1931, giving force to the contention of Dr. Hjalmar Schadht, bank, but the rise was quite moderate, v Cable Berlin May 31 were 27.70@27.80, in comparison FOREIGN EXCHANGES. sterling ex¬ equal degree to the Continental exchanges, and especially to the French franc. The American dollar, as expressed in the French unit, steadily depreciated as a result of new moves on this side to weaken and debase the American unit. And the French franc was at its highest What has been said above with reference to change applies in point in the closing days of the month, when all the foreign exchanges were under the influence of President Roosevelt's determination to have the United States go off the gold enactment of Congress. Cable transfers on May 6, and after reaching a low point for the month of 4.48%c. on May 19, was back again to 4.74%c. on May 29, with the range on May 31 between 4.65^4 and 4.71 y2c. The French Government made known, however, its determination to pay the coupons on the French Government bonds selling in this market in basis by statutory up^o 4.741/4c. Paris sold on gold, according to the terms of the contract in face of the action of the American Government with respect to United States obligations, also payable in gold, but which, accord¬ President of the ing to the orders of our own Government, could be satisfied with other forms of legal tenders, and which were greatly Reiclisbank, in conference with the holders Germany's private creditors, on May 29, that if the Reichsbank should continue to endeavor to supplv bills of of The Bank of France is the only central bank demand without restric¬ depreciated. moved against the United States, though completely under official control of the even ; CONTINENTAL AND OTHER THE German exchange also bill making all United possible by a clause of the farm made which continues to deliver gold on German debt service the inevitab'e conse¬ exchange for the tion, and fears were expressed in banking circles here that France would be forced off the gold standard in these cir¬ quence than bank views were not shared in Paris, which, in turn, seemed to think that a considerable export of American capital was taking place, proceeding by round¬ about means, despite restrictions on exchange operations. It1 was pointed out that the extreme restrictions imposed by the French authorities in previous years did not suffice to prevent the export of French capital to other centers. The Bank of France was able further to enlarge its gold but cumstances, these The note circulation of the Reichsbank de¬ 128,443,000 marks during the first quarter of May, catastrophe. creased 73,365,000 marks during the second quarter, and 90,910.000 with the customary large expan¬ sion in the final quarter of the month, namely, 223,202,000 marks. Italian exchange also moved against the United marks in the third quarter, States, but fluctuations were quite moderate, the lire for cable transfers on May 31 being 6.17@6.23 against 6.10@ In its return for the week ending May 5 the French bank reported an increase of 41,088,429 francs. This was succeeded by a decrease of 2,937,843 francs the next week, but in the week ending May 19 there was again an increase of 25,154,006 francs, in the week ending May 26 an increase of 21,452,058 francs, and in the week ending June 2 an increase of 111,000,000 holdings would be a collapse of the mark more calamitous that of 1923. He added emphatically that the Reichs¬ would not assume responsibility for or permit such a during the month. 6.15 May 1. on The weakening of the American dollar found expression neutral gold basis, more especially Holland and Switzerland. Holland found itself under such pressure that it found it incumbent to raise its discount rate on May 11 from 2y2% to 3y2%. The trend of in the also exchanges of the countries that were during the war and which still remain on a francs. RATES OF EXCHANGE ON CONTINENTAL CENTRES. Swiss Amsterdam Belgium Italian Greek Paris Francs Guilders Belga Lire Drachma Francs Cables Bankers' Bankers' Cables Checks Cables Checks Cables Checks Cables Checks Bankers' Bankers' Bankers' Bankers' Checks 06.14% 6.10 o 16.64 16.42 a 16.65 6.08 16.28 o 16.39 16.29 a 16.32 o 16.36 16.33 a 16.40 6.01%o.07% 6.01%a 6.08 a 6.11 16.37 6.05 06.10% 6.07 a 1 4.63 22.76 2 22.47 022.66 47.30o47.80% 47.35a47.81 46.70a47.15 46.60o47.il 22.51 a22.65 46.79o47.17 46.80o47.21 22.56 022.70 46.95a47.16 47.00o47.20 16.30 o 16.44 16.31 a 16.45 023.19 23.03 O23.20 47.90o48.16 47.91048.20 16.61 o 16.69 16.62 a 16.70 6.21 06.24 46.75o48.15 16.29 o 16.79 16.30 a 16.80 6.18 06.29% 6.20%a O23.04 o4.68% 4.63%a4.68% 22.75 4.55%a4.62% 4.55%a4.62% 22.46%a22.65 04.62 M 4.57%a4.62% 22.50%a22.64 022.69 4.61 a4.64% 22.55 4.60%a4.64 3 4.57 4 23.02 6 4.68%a4.72% 4.69 a4.73 6 4.54%a4.74 4.54%a4.74% 22.45 7 a23.21 023.20 22.46 46.71o48.il 6.07%a 6.11 6.07%a 6.12 •65%o 6.21%a.24% .67%a .66% .68% 6.30 6.20 6.14%a.20% 022.83 22.53 a22.84 46.81o47.46 46.85o47.50 a 16.48 6.14%a 022.64 22.30 a22.65 46.40a47.01 46.55a47.02 16.21 o 16.34 16.22 a 16.35 6.10%a a22.70 22.51 022.71 46.84o47.21 46.85a47.25 16.29 o 16.31 16.30 a 16.32 6.16 11 4.60%a4.64% 4.60%a4.64% 22.64 12 4.61 a4.64% 4.61%a4.64% 22.68 22.68 13 4.62 a4.62% 4.62%a4.63 022.77 22.65 al2.78 47.02o47.35 47.05o47.39 16.34 o 16.46 16.35 022.79 22.69 O22.80 47.26o47.43 47.30047.47 16.34 o 16.42 16.35 a 6,17 6.11 a6.17% 6.21 16.47 6.17 a6.17% 6.17%a 6.18 16.43 6.l3%a 6.17 6.14 a6.17% 022.74 22.69 a22.75 47.10o47.26 47.15o47.30 16.35 o 16.39 16.36 a 16.40 a22.58 46.91o47.00 46.95a47.02 16.27 a 16.31 16.28 a 16.32 6.05%a 6.07 6.06 06.07% 16.27 16.23 a 16.28 4.58%a4.62% 4.58%a4.62% 14 022.57 22.52 a .66 46.80o46.90 16.22 46.21046.54 46.22o46.55 16.09 a 16.19 16.10 a 16.20 s.gs^ae.os1! 5.98%a 6.04 .64%a .65% .64 %a .66% .66% 46.39o46.50 16.07 o 16.13 16.08 a 16.14 6.02%a.03% 6.03 a 6.04 .64%a .65% .65 .66% 6.02 .65%a .64%a .65% .65% .65% a 05.98% 5.96%a.98% 45.86a46.30 15.89 a 16.02 15.90 a 16.03 5.941<a6.011i 5.94%a 20 4.49%a4.51 4.49%a4.51% 22.04 21 SUN DAY 15.93 o 15.97 15.94 a 15.98 5.95 022.29 46.26o46.31 46.29o46.35 16.03 a 16.07 16.04 a 16.08 6.00 06.01 % 6.00%a.01% a 16.17 16.05 a 16.18 6.02 a6.03% 6.02%a.03% 4.54%a4.56% 4.54%a4.56% 22.31%a22.37 22.32 o22.38 46.47a46.66 46.51046.70 16.04 a22.44 22.36 a22.45 46.52o46.71 46.56a46.75 16.09 a 16.19 16.10 a 16.20 6.02 46.58o46.76 46.62a46.80 16.14 a 16.19 16.15 a 16.20 6.03%a 022.45 22.41 a22.46 22.34 022.49 22.35 O22.50 46.51o46.65 46.55o46.80 16.10 a 16.20 16.11 a 22.79 022.83 22.80 a22.84 47.40a47.68 47.45o47.72 16.38 o 16.45 16.39 a 29 4.66%a4.74% 22.85 023.24 22.86 023.25 47.65a48.41 16.50 a 31 4.65 a4.72% 4.65%a4.72% 22.87 023.16 22.88 47.71o48.45 a23.17 16.49 47.60a48.25 47.56a48.21 16.71 16.51 a HOLI DAY HOLI DAY HOLI DAY HOLI DAY 30 SUN DAY SUN DAY SUN DAY SUN DAY 4.66%a4.74 a 16.69 16.50 a 6.02%a.04% 06.04 6.05 6.04 a6.05% 16.21 6.01%a.03% 6.01%a 6.04 .66% •64%a .65% .65 .65 .65% .65%a .66 .65%a .66 .65%a .65% .65%a .66% a 6.15 a6.23% 16.72 6.14 06.23 HOLI DAY .66 .67 .66%a 06.23 .64%a .65% .64%a .65% .64%a .65% 16.46 6.10 06.14% 6.11 06.15 SUN DAY 16.70 6.16%a.22% 6.17 a SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY a4.53% 4.52%a4.53% 22.21%a22.28 22.22 28 .65%a 46.77a46.88 O22.40 45.91o46.08 22.40 .66%o .67% 022.55 45.87o46.04 4.56%a4.58% 4.54%a4.58% 27 4.55%a4.67% 4.55%a4.69 .66% .66% 022.39 22.15 45.85o46.26 04.58 a .65%a .66 022.54 22.50 46.35a46.47 a4.58 .67% a .66%a .67% a .67% SUN DAY SUN DAY 6.04%a.06% 6.04%a.06% a22.15 26 4.54 .66% .66%a .67 .67 a 022.25 25 4.56 .67%a .68% .65%a .67% .65%a .67% .66 a22.36 22.35 .66% .66% .65%a 022.14 22.05 a4.56% 4.55%a4.57 .68% .65%a •65%o 022.24 22.05 24 4.54 .67%a 6.10%a 6.11 6.10%a.ll% 022.35 22.32 23 .69 .66%a .68% .65%a 18 4.52%a4.55 4.53 a4.55% 22.31 19 4.48%a4.58% 4.48%a4.58% 22.04 22 4.52 .67 %a a6.20% 6.16%a SUN DAY SUN DAY SUN DAY SUN DAY 15 4.57%a4.60 4.58 a4.60% 22.51 22.49 16 4.58 a4.59% 4.58%a4.60 17 4.52 a4.56% 4.52%a4.56% 22.14 16.47 16.39 a .68% •66%a .68% .66%a .67% .65%a .67% .65 SUN DAY 22.50 o •66%a .68% SUN DAY 22.29 16.38 .66 .66% 22.52 8 4.56%a4.65% 4.57 a4.66 9 4.52 04.61 % 4.53%a4.62 10 Cables .64%a .67% .66 a .67% a SUN DAY SUN DAY SUN DAY SUN DAY 6.15 16.41 O23.05 Checks .66 a .66% .65%a .66%a .68 SUN DAY • .67 a 66%a .67% HOLI DAY .67%a .68 .68% ,67%a Spanish Denmark Sweden Norway Berlin Austria Krona Reichsmarks Reichsmarks Schilling Peseta Krone Bankers' Bankers' Bankers' Bankers' Bankers' Bankers' Checks Cables Cables Checks Checks Cables Checks Cables Checks Cables 27.75 14.31 14.31% Cables Checks 10.05 O10.15 10.07 010.16 1 17.39 17.60 17.40 al7 20.00 O20.39 20.01 O20.40 19.89 a 20.14 19.90 a a 27.73 27.51 a 2 17.31 20.08 O20.14 20.09 O20.15 19.90 a 19.94 19.91 a 19.95 27.18 a 27.48 27.20 a 27.50 9.95 al0.04 9.95%al0.05 20.14 020.29 20.15 a20.30 19.89 a 20.08 19.90 o 20.09 27.20 a 27.49 27.33 a 27.50 14.43% 14.44% 14.43% 14.45 9.97 alO.14 9.98 3 17.29 17.40 17.32%al7 al7 17.42 17.30 alO.15 4 17.34 17.44 17.35 al7 20.14 020.36 20.15 020.37 19.95 a a 20.05 27.48 a 27.73 27.50 o 27.75 14.59 14.60 10.02%al0.08 10.03 alO.09 20.31 a 20.04 19.96 20.47 20.32 a 20.48 27.99 o 28.34 28.00 a 28.35 14.59 14.60 10.21 al0.37 10.22 alO.38 20.39 a 20.64 20.40 a 20.65 27.58 a 28.60 27.60 o 28.61 14.87 14.87% 10.04 al0.34 10.05%al0.35 5 17.73 17.88 17.74 al7 20.62 O20.74 20.63 O20.75 6 17.79 17.99 17.80 al8 20.54 O20.99 20.55 O21.00 7 SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY 20.15 27.50 8 17.59 17.82 17.60 017. 20.44 O20.69 20.45 O20.70 20.19 a 20.39 20.20 27.89 27.50 a 27.90 15.04 15.05 9.98al0.20 9.99 alO.21 9 17.48 17.64 17.49 al7. 20.24 O20.49 20.25 O20.50 20.00 a 20.34 20.01 a 20.35 27.15 a 17.74 27.45 a 17.75 14.99 15.00 9.84a 9.99% 9.91 alO.OO a 20.20 27.45 a 27.59 27.46 a 27.60 14.63 14.64 9.96%al0.04 9.97% alO.05 20.29 20.15 a 20.30 27.48 a 27.68 27.50 a 27.70 14.94 14.95 10.01 alO.07 10.02 alO.08 20.21 20.16 20.16%a20.21 20.17 a 20.22 27.50 a 27.67 27.55 a 27.68 15.03 a 20.22 27.48 a 27.58 27.50 27.60 14.73 15.03% 14.74 10.04 a 10.04 alO.07 10.05 alO.05 10.05 alO.OO 10 17.54 17.64 17.55 al7, 20.33 O20.39 20.34 O20.40 20.09 a 20.19 20.10 11 17.62 17.74 17.63 017. 20.25 O20.39 20.26 O20.40 20.14 o 12 17.68 17.74 17.69 017. 20.25 O20.39 20.26 O20.40 20.15 13 17.69 17.75 17.70 14 017, SUN DAY 20.34 O20.41 20.35 O20.42 o a 20.40 27.49 a 14.64 15 17.58 17.69 17.59 al7, 20.30 020.37 20.31 020.38 a 20.15 26.74 a 27.08 26.75 a 27.10 9.97%al0.02 17.59 17.51 al7, 20.19 020.26 20.20 020.27 a 20.05 26.81 a 26.94 26.83 a 26.95 14.56 a 20.08 a 20.14 20.09 19.95 a 20.04 19.96 14.65 a 16 17.50 14.56% 9.97a 9.99% 19.94 19.75 a 19.95 26.62 a 27.28 26.63 a 27.10 14.44 14.45 9.85 a a 19 17.19 20 17.19 a a o 20.05 O20.20 19.74 O20.14 20.07 O20.15 19.85%al9.91 19.86 a 19.92 27.09 27.231 27.12 a 27.25 14.91 14.92 9.86 a 9.89 9.87 9.90 al9.98 19.69 19.79 19.70 19.75 19.65 a 19.80 26.89 27.18 26.90 a 27.20 14.31 9.75 a 9.84 19.76 26.85 27.09 26.90 a 27.10 14.37 14.31% 14.37% 9.85 19.89 19.90 9.76 17.34 17.20 al9.97 9.75%a 9.77 9.76 17.24 17.20 al7, 19.79 019.84 19.80 al9.85 19.64 a a a a 19.79 19.70 a 14.24 14.25 9.82 27.21 27.10 a 27.23 17.39 17.30 017, 19.89 019.99 19.90 O20.00 19.69 o 17.51 17.40 al7, 20.08 O20.19 20.09 a20.20 19.85 19.89 19.86 a 19.90 27.09 20.10 020.28 19.91 a 20.01 19.92 a 20.02 27.10 a 13.62 13.62% 9.87%a 9.91 14.62 14.62% a 27.22 27.12 o 27.23 24 17.46 a 17.54 17.47 al7 20.09 020.27 25 17.43 17.52 17.44 al7 20.14 O20.24 20.15 O20.25 19.92 a 20.00 19.93 a 20.01 27.19 a 27.26 27.20 a 27.27 14.24 a 26 17.42 17.49 17.43 al7, 20.00 O20.19 20.01 O20.20 19.80 a 19.94 19.81 a 19.95 27.09 a 27.24 27.10 a 27.26 14.16 a O20.50 20.14 a 20.24 20.15 a 20.25 27.56 a 27.83 27.60 o 27.85 14.54 a 017, 20.37 17.84 17.71 al7.85 20.34 a 17.94 17.75 20.38 O20.49 20.35 O20.50 017.95 20.49 O20.60 20.50 O20.61 20.14 a 20.34 20.15 HOLI DAY a 20.24 a 20.34 20.25 a 20.35 27.61 a 27.83 27.62 a 27.85 a 27.79 27.70 14.17 14.29 14.55 14.30 a 27.80 14.79 14.80 9.83 a 9.86 9.88%a 9.92 9.90 a 9.92 9.89%a.91% 9.92a 9.94% 9.91o 9.93% 9.88a 9.92% 9.87a 9.91% 10.03ol0.15 10.02al0.14 SUN DAY 10.10 a 10.23 10.11 a 10.24 a 10.26 HOLI DAY HOLI DAY HOLI DAY 20.35 27.69 14.25 I a SUN DAY SUN DAY SUN DAY HOLI DAY HOLI DAY 30 O20.49 SUN DAY SUN DAY 29 17.70 a 81 17.74 17,74 17.65 9.85 27.22 27.20 27.02 19.80 27.00 9.78 SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY a 27 17.64 9.95 O20.19 20.06 17*29 28 a 20.04 al7, al7, 23 17.39 22 9.86 017, SUN DAY 21 9.98%al0.03 9.97%al0.00 9.94 17.49 17.42 17 17.34 0*17.54 17.35 18 17.41 alO.08 SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY 10.13 a 10.24 10.14 1933.] June, central bank rates. The MONTHLY rates, however, Bank of was Norway in the direction of lower its from rate on 6% to 5%%, the higher rate having been in force since Jan. 31 1933. On Monday, May 29, the ^ Bank of Greece reduced from 9%, the rate in effect since Dec. 3 1932, to 7%, and on Thursday, June 1, both the National Sweden Bank of reduced Denmark from cable transfers sold at 47.81 and the National Bank . CO CO CO CO CO of 3%% to 3%. Dutch guilders for 47.60@48.25 May 31, against 47.35@ The Danish crown rj? CO CO CO CO cp\ cc\ H\ CO* CO CO CO e co' 5* XXX \ao \« spo \hi \oo\hi\^i\po .ArArA«\ \®\aj 1249532087 Xp J/3 OS OS OS 00 Tjs co* co X U5 h- os os co co co co co \» Ap A»\b\ A A\io\ep\rAiA p THO<NC0»ft»0a3C003rN.00'<J<i0j/3t>.OsO0300iOn0 <3m <3 xgx OSOSOSOSOSOS OSOOOOOOOOOO OOOOOSOOOOOS'' OmN Os W os COCOCOCOCOCO OOOOOOOOOSOS COCOCOCOCOCO COCOCOCOCOCO CO CO XXX X no once established a X 00 OS OS co co co co co co co co' XX xxxxxx XXX X "S CO CO CO CO CO 3 O ,C3 C3 C3 s co' X TH X 00' C3 <3 <3 « <3 CO* XXX XXX COOCO^COCO XX 00 O SO CD OS OS 00 OS 00 00 CO* CO co' co' CO COCOCOCOCOCO CO © o e xxxxx iH os os os os os os CO CO CO CO CO ©©©©©© 0 03 03 0 00 00 C3 O <3 XX X 00OHH03C0 000003 00 03 I I I I I I III I I I till I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I t I I I to 18%d. May 26, followed by a recovery to 19 l/16d. I I I I lO CD W CO 03 CO CO CO CO CO CO I I I I co' CO xxxxx CO CO CO a (3 C3 CO CO CO CO CO CO CO CO CO CO CO c3 cj cs <3 C3 e os os os os os os ^ as co" co" ©<NCO(NCOt>. >> !-♦ X OS CO I s X XXXX I decline, how¬ •<# a Cj XXXXX IOTHWHON the I X a CO CO CO CO 00 O lO CO C<5 CO CO CO CO CO OS lO «5 00 NOONONN oo oo oo os os as co' xxxxxx \flO\00\pOSpO\M\» tA r-\ rA tA m\ O\ e.c3 a cs <3 e XX a xxxx CO CO CO CO CO CO r* OCOfNO-'f OS OS OS OS o o X os os os os a> os CO* CO* CO CO CO 3 3 3 8 OS OS 00 OS 00 00 CO CO XXXX 8 X 00. 00 00 00 OS OS OS" 00 O<NC0C0T»*00 OS 03 OS 03 00 00 CO* JSO rH CO ^ CO CO 00 OO 00 O CO CO VO^COrHOSC- os CO os os os SCO os OS 001^ ^ "rf" <3_<3 el "xxxx" a was X 00 O C3 rH rH CO 00 OS OS OS OS OS xxxxx In London the price, May 1, From this there XX rH (N OS lO CD OS OS OS 00 00 00 wco'cocococo CO CO CO CO has X OS OS OS OS OS OS cococo'eo'coeo lOOMNO^ Os OS OS OsO o Yokohama ranging on May 31 Boosevelt XX CO 03 CO OS CO CO eoccweoco'"*' .SJ <2? features of new XXX 00 OS 00 1-11- O 00 00 00 OS OS O 03 lower, notwithstanding that the infla¬ rider to the Farm Belief bill, which became a law during the month, provides for the unlimited coinage of sil¬ ever, XX' X ooooooooooos COCOCOCOCOCO The Japanese yen developed firm¬ gold and silver. XXX co ^ >0 eB8e88«888888«8ee88BH tion 20 %d. per ounce. XXXX CO CO CO CO silver market ruled was X CO OS CO 00 CO OS 00 00 00 00 00 co' CO 23.81@25.00 on May 1. Bates on the silver-using countries moved higher in response to higher prices for silver, though the latter part of the month the ratio between o <s Tf e New York must be covered on the Far East showed President O os CO aeeaea XXXX \po \oo \po X 00 co' CO CO CO CO iH OS i-H CO CO* after X OOOrHrHrHCO oo os 03 os OS os co' CO CO CO CO CO CO CO C- CO 03 CO at 24.43@25.00 against ver C3lO OS 00 OS OS OS OS xxxx The wide improvement in wool advantage to Argentine wool raisers. the yen on checks for xxxxxx OS OS OS 00 00 00 co' in favor of British goods. any great consequence. xxxxxx •A (N X tA I-A tA tA cA m\, WS«\ tA 00rj<-^t^t^C0j>I^C0(NO00C0|X00>-l(NTH(Nlt^>^ OS?1rH 030^ ososo30sosos^030so3osoqoo^oooso3ososos^j ©•<© coco'coeocoeOQCo'eoeoeococo'Qcoeo'eocoeoeon coQ^i iiiiiis obtained through exports to the Argentinian importers of American goods viewed the ruling with some concern as a discrimination ness, co' CO OS (N rH OS CO dollars on CO* co' CO CO co' CO 03 00 03 03 States. an »c\ w\ tA ~A OS CO aeaaaa XXXX difficult, and, indeed, means of transfer were often wholly out of the question. Buenos Aires advices stated that that Argentine Foreign Exchange Control Commission had prices proved Exchanges X 00 OS OS OS 00 © COCOCOCOCOCO X e XX 0000003U3 00 00 CO 00 OS OS Governmental control, which made transactions by XX lO CO CO CO OS SO Is* CO CO CO CO CO very United XX 00^-At>COCD -4* CO CO co e e e e a o exchanges on South America continued more or less nominal, the same as before, all of them being subject to exclusively e e e \ao CO CO CO CO CO CO CO \oo\P0S»\M eo\ OS GO OS OS OS © ruled that all dollar drafts e OS OS OS OS OS OS COOOrHOOOCO co' A 03 OS COCOCOCOCOCO e e a e S <3 03 00 00 00 00 00 CO CO CO CO CO CO The or a XX 'O Oi Oi Oi CO xxxxxx for \pi A \S0NS0\S1\M\M\i, xxxxxx \00 was CO 03 rH <N <N <N 00 OS 03 03 OS 03 CO CO CO CO CO CO 00 00 00 03 03 03 co' <J1 CO lOCOMOOOCO OS 03 03 03 00 00' \M rA * © © co'CO CO CO CO CO xxxxxx XXXX £ £ OO OOOiOJOiOi© CO CO CO CO CO 03 N. OS 17.75@17.95 May 31 against 17.40@17.61 May 1; the Swedish crown was 20.50@20.61 May 31 against 20.01@20.40 May 1, and the Norwegian crown 20.25@20.35 May 31 against 19.90@20.15 May 1. Bureau CO* co' CO* eaesee NQOS^IVOO xxxxxx 00 t-f <N 1-1 O CO ©©©00 00 00 Tjj CO CO CO CO CO XXX UO 1-4 01 © 10 CD oj © © © OS <N rH OS 03 00 03 05 03 0 exchanges joined the other Continental exchanges turning against New York, reflecting depreciation of the American dollar all around. XX r-0\ r<\ CDt-COtos cs XXXXXX May 1. cable transfers i-N rA 050500<-l000 ooooooosoiO navian in VCT Nff, r-\ The guilder was as high as 48.45 May 29, and as low as 45.86 on May 19. The Swiss franc was 22.88@ 23.17 May 31, as against 22.76@23.05 May 1. The Scandi¬ on 17 May 21. The Hong Kong dollar for checks was 27.95@28% May 31 against 27.31@28 1/16 May 1. The Shanghai dollar was 25.14@25 9/16 against 24.97@25%. Bombay rupees moved upward with the pound sterling, and the rate for checks was 30% @30.75 May 31 against 29.31@29% May 1. ! May 23 reduced its rate from 4% to 3%%, the higher rate having been in effect since Sept. 1 1932. The Bank of Finland on May 27 re¬ duced REVIEW I I I CO 1(11111111 I I I I I I I I I I I I I I I I I I I I I I I I I t I I I I I I I I I I I I I I OOC3©*-l<NCOTt<lOCOt>-OOC30rH (NCO^iOCOt>-00O3©iH hhhhhnci (N<N<N<N(N«N(NOJCOCO RATES OF EXCHANGE ON OTHER CENTRES. Czecho¬ May Bul¬ Canada slovakia Bucharest Polish Hungary Serbia garia Finnish Dollar Kronen Lei Zloty Pengo Dinar Lev Markka Checks Checks Checks Checks 1 121i«all"i»% disct. 3.56a3.62 •66a.80 12.69 2 12 % discount 17.52al8.00 3.54a3.60 ,69a.75 12.63^ 17.45al8.00 Checks Checks Checks Cables .73a.85 1.74 al.7934 .77a.85 1.73 al.7934 al.7434 3.52a3.60 ,68a.75 12.85 17.52al8.00 .78^a.85 1.74 3.56a3.60 .69a.75 12.94 17.45al8.00 1.54 al.68 .77 a.85 1.73 al.7434 3.59a3.64 .70a.80 13.26^ 17.45al8.00 1.64 al.75 .79 a.90 1.77 al.79% 3.57a3.64 .69a.80 12.63 17.52al8.00 1.58 al.75 .73 a.90 1.77 al.7934 123^% discount 13i16al2^% disct. 3.56a3.C0 .70a.75 13.25 al.68 1.77 al.79 .70a.71 13.25 18.00a20.00 18.00a20.00 1.64 3.50a3.55 1.64 al.65 .78 a. 12 % discount 3.55a3.56 .69a.70 13.25 1.61 al.63 .80 12al 1 3 1.50Hal.68 1.60^al.68 1.57Hal.68 a.85 3.53a3.55 12ysal2X % disct. 12y%al2% discount 12 all%% disct. 12^al2% disct. 4 5 6 7 8 9 Checks Milreis Cables Checks Cables 28.31a28.88 28% a29.00 28.31a28.88 2834 a29.80 7.45a7.50 7.50a7.65 7.45a7.50 7.50a7.65 28.31a38.88 2834 a29.75 28.31a28.88 2834 a29.85 7.45a7.50 7.50a7.65 7.45a7.50 ,7.50a7.65 7.45a7.50 7.50a7.65 28.31a28.88 2834 a30.35 28.31a28.88 2834 a30.35 7.45a7.50 7.50a7.65 SUN DAY a.85 .79 1.7334^1.77 85 1.75 al.77 28.31a28.88 2834 a30.35 28.31a28.88 2834 a29.85 28.31a28.88 2834 a29.75 28.31a29.95 2834 a30.00 7.50a7.95 7.65a8.00 7.50a7.95 7.80a8.00 7.50a7.95 7.65a8.00 discoimt 12*4% discount 13.17 18.00a20.00 18.00a20.00 1.63 al.65 .80 1.75 al.77% 3.52a3.54 ,71a.73 13.25 18.00a20.00 1.61 al.66 .83 a.85 1.75 al.7934 28.31a29.75 2834 a29.80 7.64a7.95 7.65a8.00 .70a .73 13.23H 18.00a20.00 1.61 al.66 .80 a.85 1.75 al.7934 28.31a29.70 2834 a29.75 7.64a7.95 7.65a8.00 28.31a29.80 2834 a29.85 28.31a29.70 2834 a29.75 7.64a7.95 7.65a8.00 7.64a7.95 .70a .73 14 12 y 16—. Brazil Peso 3.52a3.54 %% discount 12allJi% Argentina % discount 12 M% discount 13li6al2H% disct. 13 al2%%di8Ct. 13Mal218i#% disct. 13>^al3% discount 26.. 27.... 12 % discount 7.64a7.95 7.65a8.00 SUN DAY 3.51a3.53 .70Ha.73 13.30 18.00a20.00 1.60 ,70a.73 13.28H 18.00a20.00 1.56 al.65 .78%a.85 .7834a.85 1.75 3.49a3.51 3.49a3.51 .71a.72 13.13 1.56 al.65 .80 a.85 1.73 al.7934 al.7434 al.7334 3.47a3.49 .70a .72 13.02 18.00a20.00 18.00a20.00 1.56 al.61 .80 a.85 1.73 al.7434 3.45a3.49 ,70a.72 13.18H 18.00a20.25 1.56 al .60 1.72 34al.73 34 3.43a3.49 .69Ma.71 12.88 18.00a20.25 1.55 al.60 .7734a.85 .7834a.85 ,70a.71 13.00 19.84a20.25 1.56 al.60 .70a.72 13.10 21 13% discount 12 % % discount 12%% discount 12%al2%% disct. 12i»i6al2}£ % disct. a.85 al.65 1.73 1.73 al.7334 1.73 al.7334 28.31a29.70 2834 a29.75 28.31a29.65 2834 a29.70 7.65a8.00 7.64a7.95 7.65a8.00 7.64a7.95 7.65a8.00 28.31a29.55 2834 a29.60 28.31a29.60 2834 a29.65 7.84a7.95 7.65a8.00 7.64a7.95 7.65a8.00 28.31a29.25 2834 a29.30 28.31a29.45 2834 a29.50 7.64a7.95 7.65a8.00 7.64a7.95 7.65a8.00 SUN DAY 3.45 3.45a3.47K 3.46a3.47H 3.46a3.47^ 3.45a3.47J^ 20.00a20.40 1.56 al.62 .7834a.85 .7734a.82 1.73 al.7634 .70a.72 13.10 20.00a20.40 1.56 al.62 .80 a. 82 1.73 .70a.72 13.10 20.00a20.40 1.56 al.62 .77 a.82 1.73 al.7634 al.7634 .70a.72 13.12 20.00a20.40 1.56 al.62 .7734a.82 1.73 3.46a3.52 .70a.72 13.09 20.00a20.40 1.56 al.62 .80 a.82 3.53a3.57^ •71a.76 13.26 20.00a20.40 1.61 al.68 a.82 28 28.31a29.50 2834 a29.55 7.64a7.95 7.64a7.95 7.65a8.00 al.7634 28.31a29.45 2834 a29.50 28.31a29.45 2834 a29.50 7.64a7.95 7.65a8.00 1.73 al.7634 29.69a30.15 29.75a30.24 7.64a7.95 7.65a8.00 1.76 al .7734 29.69a30.24 29.75a30.40 7.64a7.95 7.65a8.00 1.76 34 al.77 34 29.69a30.40 29.75a30.45 7.64a7.95 7.65a8.00 7.65a8.00 SUN DAY 29.... ll%all%% disct. 30 .79 HOLI DAY 31—* 11 % % discount Bolivia Bolivi¬ 3.57a3.57% Ecua¬ Colombia .72a.78 13.32 20.00a20.42 1.64 J*al .66 Vene¬ .7834a.85 Yoko¬ Hong Singa¬ dor Uruguay zuela Chile Peru Portugal Kong Shanghai hama Manila pore Bombay Java Dollar Sucre Peso Bolivar Peso Sol Escudo Dollar Dollar Yen Peso Dollar Rupee Guilders Checks Checks Checks Checks Checks Checks Checks Checks ano Checks Checks Checks Checks 1 19.00 86.21a88.50 17.00 47.25a50.58 15.50 6.03 a 6.13 16.25al6.50 ,55 2 a3.60 27.31a281i6 19.00 24.97a25H 86.21a88.50 17.00 47.25a50.92 15.50 6.03 a 6.13 16.25al6.50 .54 3 a3.60 27.06a279i# 19.00 27.28a27"i« 24.48a2416ie 23.88a24.25 49 % a50% 24.81a253^ 23.88a24.25 49% a50% 86.21a88.50 17.00 47.25a50.58 15.50 Checks Checks Checks 23.81a25.00 49 K a51.00 45.25a45% 29.31a29% 47.25a47.65 47.25 29.15a29% 29% a29.40 47.25a47.50 45.38a46.00 29.37a29% 47.25a47.50 45.19a45% 45.31a45% 6.13 16.25al6.50 .55 4 19.00 86.21a88.50 17.00 47.25a50.92 15.50 6.03 a 6.13 16.25al6.50 5 ,52^a3.60 27.09a277x# 19.00 86.21a88.50 24.59a24J^ 17.00 47.25a50.58 15.50 6.03 a 6.13 16.25al6.50 60 a3.65 86.21a88.50 17,.00 47.25a50.38 15.50 6.03 a 6.13 16.25al6.50 .57 a3.65 27.46a271'i6 46.13a46% 46.38a47% 48.25 19.00 25.38a25.50 24.03a24.50 49% a50% 25.06a257ie 24.09a24.50 49% a50% 29.92a30.00 6 27.41a2711ie 30.00a30% 48.25 24.19a24.75 49% a50% 46.38a47% 29.88a30.00 47.25a48.00 45.50a46% 45.94a46% 29.47a29% 47.00 6.03 a 7 a3.62 SUN 23.90a24.25 49% a50% DAY 8 19.00 86.21a88.50 17.00 47.50a52.25 15.50 6.03 a 6.13 16.00al6.25 .61 c3.68 27.63a2716i6 9 19.00 86.21a8S.50 17.00 47.50a52.50 15.50 6.03 a 6.13 16.00al6.25 .57 a3.60 10 27.19a278i6 19.00 86.21a88.50 17.00 47.50a52.50 15.50 6.03 a 6.13 16.00al6.25 .58 11 19.00 86.21a88.50 52.50a54.50 17.00 6,00 a 6.06 16.00 a3.65 27.08a27^ 58Ha3.65 27.24a27 % 24.94a25>i 24.66a25M 24.08a24.50 49% a50M 24.52a2413i« 24.00a24.35 49% a50% 24.78a253^ 23.95a24.25 49% a50% 12 19.00 86.21a88.50 52.50a54.00 17.00 6.00 a 6.06 16.00 59 a3.68 27.47a271Bie 13 19.00 86.21a88.50 24.75a25H 52.50a54.00 17.00 6.00 a 6.06 16.00 .62 a3.68 27.29a2713i# 24.63a25.00 24.08a24.25 49% a50% 14 15 SUN 19.00 86.21a88.50 53.75a55.85 17.00 16.00 24.01a24.l5 49% a50% 6.00 a 6.06 .60 a3.65 26.91a29«i6 24.09a24>4 16 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.06 16.00al8.50 .60 a3.65 26.50a26lsi6 23.69a24H 23.95a24.15 49% a50% 19.00 86.21a88.50 53.75a55.85 17.00 6.00 a 6.06 16.00al8.50 ,58>4a3.60 26.75a27% 24.08a24>4 a 23.85a24.15 49% a50J4 23.89a24.25 49% a50% 19.00 86.21a88.50 54.00a55.85 17.00 6.00 19 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 7.25 16.00al8.50 ,52^a3.59 26.70a27% 20 19.00 86.21a88.50 54.00a55.85 17.00 6.00 53 a 6.06 16.00al8.50 6.62 16.00al8.50 57 21 SUN 22 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 23 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 24 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 25 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 26 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 27 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 28 29 46.25a46% 46.06a46% 29.92a30% 47.40a47.50 29.86a30xia 47.20a47.50 26.94a277i« 27.08a27»i# 24.05a24.25 49% a50% 45.81a46% 45.00a46% 45.13a46% 29.57a29% 47.00a47.15 29.36a29.75 46.65a47.00 24.14a24^ 23.89a24Ji 23.81a24.15 49% a50% 24.33a24llx« 23.70a24.l0 49% a50% 29.72a29.85 47.00a47.20 45.31a46.00 29.42a29% 46.65a46.87 45.06a45% 29.25a29% 29.13a29% 46.40a46.50 46.25a46.50 48.05a48% 44.94a45% 24.19a24H 23.S0a24.15 49% a50% 45.13a45% .57 a3.60 26.89a27 % 24.17a247ia .59 a3.60 26.97a27sie 24.20a24»i» 23.92a24.15 49% a50% 23.98a24.20 49% a50% ,58^a3.61 27.13a277i6 56^a3.60 26.91a276i# 24.39a24uie 24.08a24.40 49% a50% 24.16a24H 24.03a24.25 49% a50% 45.38a45% 45.44a45% 45.56a45% 45.44a45% 29.24a29% 29.39a29% 29.48a29% 29.53a29% 29.37a29% 62 24.72a25.00 24.26a24.69 49% a50% 46.13a46% 29.85a30% a3.65 19.00 86.21a88.50 54.00a55.85 17.00 6.00 a 6.62 16.00al8.50 61a3.64^ 86.21a88.50 54.00a55.85 17.00 6.00 a 6.75 16.00al9.00 64a3.65^ HOLI 46.25a46.50 DAY 26.94a275ie 19.00 47.40a47.50 a3.58 .51 SUN 30 31 a3.58 a3.59 47.40a47.50 DAY 17 18 29.61a29% 46.00a47.00 29.77a30% 27.31a27®i« 46.50a46.70 46.70a47.00 46.95a47.00 46.75a46.80 46.13a46.50 29.83a30.00 46.75a47.75 DAY 27.66a28*ie 24.75a25K 24.30a24.65 49% a50% 25.14a25»ie 24.43a25.00 49% a51.00 46.50a47.25 30% O30.75 47.75a48.75 DAY 27.95a28^4 New York Stock Exchange MONTHLY AND YEARLY RECORD OF RANGE BOND PRICES DURING MAY 1933. $377,017,900 1,334,941,600 May - Jan. 1 to May 31 Shares May $261,621,400 1,278,788,300 1932. 1933. Stock Sales. 1932. 1933. Bond Sales. 23,136,913 153,717,978 104,213,964 215,239,699 Jan. 1 to May 31 during May and the range since Jan. 1. They need no extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The The tables on 18 to 40 furnish a complete pages the bonds mature. the New York Stock Exchange in 1909, all quotations for interest-paying bonds Period" indicate in each case the month when black-faced letters in the column headed "Interest adopted by In accordance with the rule are at a price to which accrued interest must be added. A. few other bonds, like the interest is in default. record of the transactions on the New York Stock Exchange quotation "flat" will be found against the name but where this is the case the and bonds on which quoted "flat," of the issue. This method of quoting bonds The exceptions to the rule are income bonds Holland-America Line 6s, for special reasons, are also became effective Jan. 2 1909. tables see last page of bonds and For footnotes to Sales in Value. Y. N. STOCK EXCHANGE. P Jan. 3 Bid. u s government Ask. 13,000 1 443,000 Registered alOO**,, Sale 102",,Sale 1002S3iMay 102**,,Sale 1 102"„May 24 8 10210s2May 26 101**3, Sale" 102 "i, Sale" Sale 3 103»„Jan. 99»„Mar. 100*°,,Feb. 101 101*®3, Apr. 26 28 102*°,,May 26 20 102*»„Jan. 28 1 1022o„May 31 3 102»>„Jan. 25 101183jMay 19 1012832May May 1012®3iMay 20 102 1002*uApr. 29 102",,Jan. 26 31 101*®,,Feb. 27 102 24 24 100'*3*Mar. 103*®„Jan. 4 26 10l28siMay 101*®,,. 102 10211,,Sale 103h, Sale 102**uMay 8 99283iMar. Apr. 1027,, Sale 103 Sale 1027,, May 103",, Jan. 10 7 23j May 10 9 2232May 103*h,Mar. Ill *3, Feb. 2 l09»,,Sale 10912aaSale 23 26 100*3, Mar. 10783, Sale 109*31 May 109*32 May 25 107*°»,Apr 110**,,Jan. 23 106*7i,Sale 1032h,Sale 1052®,aSale 1032h,May 105»°32May 29 1051#8jMay 105*®s2May l6i»uSale" fo47Y, Safe" 101»„May 104*«3,May 12 12 l022»„Apr. i04"i»Saie~ 104®3j May 10 4 832 May 29 102 May 24 100 May 2 99*82 May 24 104 ®u May 93*®8,Mar. 99*3, May 24 23 95»o„Apr. 9 9 22,,May 23 l02»„Feb. 1 Oct 15 1947-1952 A A Dec 15 1944-1954 J J ...... Mar 15 1946-1956 m m e 8 D J June 15 1943-1947 J 100 ha Sale 101",,Sale 9528saSale 9824,2Safe D Sept 15 1951-1955 M S ~972"h,Sal~e" June 3H 15 1940-43 ... J D J M Registered Treasury 3%s Registered 8 D May 952®«May 100 ®32 May 982232May 102 232 May 10l1332May 1012»32May 24 100*82 May 102*82 May 100®,a Sale 10 1 283aSale Sale" 100*3, Sale l6f273aSafe" "9 9 "m Sale" 97 83i Sale "99«»,Sale~ 24 97®32 May 1028,, Sale 102»u 31 107",, Jan. 9981„Mar. 4 106»7„Jan. 4 105*7„Feb 98*h,Mar. 3 _ 97*3, Mar. 10483, May 29 102",,Jan. 26 99 102",,Feb. 98 Mar. Mar. 7 101"„May 24 102",,Feb. 2 99*®,,Apr. 96**8,Mar. 1028,, Jan. 8 J J June 15 1946-1949 May 982232May D M 1,262,000 Treasury 3%s........Mar 15 1941-1943 100 100 102*u Sale Registered... 13,000 Sale Prices. 103*8„Sale Registered. 6,55~1~666 Sale Prices. 103*»,,Sale Registered...... Treasury Highest. Sale Prices. A 12,231,000 Treasury 3s 4,000 Lowest. Sale Prices. 1038,, May 103»82 May _ : Highest. Oct 15 1933-1938 A Fourth 4%s Registered. 3,315,000 Treasury 4%s 1,000 Registered.. l,41l"666 Ask. Lowest. 101*®3,May June 15 '32-47 J 68,000 6,000 Bid. J .... First Sec'd 4%s 3,848,000 Treasury 4s Registered 2,000 2,143,000 Treasury 3%s Registered 1,000 2,147,000 Treasury 3%s Ask I0018s,102 First 4s June 15 1932-1947 J J Registered.... First 4 Ms June 15 1932-1947 J Fourth Liberty Loan— 3,989,000 Bid. J Registered 30,000 12,000 102»„Sale June 15 1932-1947 J First 3%s May 31. May I. 1933. Flr»t Liberty Loan— 2,301,000 RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS May. last page of stocks. D 1 10 0 232 May 24 99*832May 22 991832May 22 102»,, Jan. 23 95*,, Apr. 100*,, Jan. 4 99*8,,May 22 962®„Apr. STATE AND CITY SECURITIES (See Note below) 97% Feb. May 1957 MN N Y City 4%s FOREIGN GOVT. & MUNICIPAL'S 1947 P A 51,000 Agrlc Mtge Bank a f 6s Sinking fund 6s A Apr 15 1948 A 0 41,000 1963 M N 69,000 Akershua (Dept) extl 5s J 1945 J 115,000 Antloqula (Dept of) Col 7s A External s f 7s ser B 1945 57,000 External • f 7s ser C 1945 25,000 External if 7s se> D 1945 188,000 7s 1st series 1957 31,000 7s 2d series....... 1957 18,000 7s 3d series 1957 68,000 Antwerp (City) extl loan 5s 1958 134,000 A O 126,000 Argentine Govt public works 6s_1960 J D 293,000 Argentine Notion (Govt) ■ f 4s._ 1959 Exrl s 1 g 6s of Oct 1925 1959 A O 445,000 Sinking fund gold i« ser A ..1957 M S 336,000 External 1st s f 6s ser B ......1958 J D 254,000 Extl s f 6s of May 1926...... _1960 M N 181,000 External s 16s (State Ry) ...I960 M S 370,000 Extl s 1 6a (Sanitary Works) 1961 F A 167,000 Pubbc Works ext sfg 6s..May 1961 M N 158,000 Public Works ext s f 5 Hi 1962 F A 135,000 1945 M S 68,000 Argentine (Rep) 5s of 1909.^. Australia 5 of 1925 July 15 1955 J J 1,530,000 External loan 5s of 1927.......1957 M S 861,000 External g 4Hs ot 1928 1956 M N 836,000 J D 247,000 Austrian Govt s f 7s............1943 J International s f 7s 1957 J 111,000 Bavaria (Free State) extl 6Hi 1945 F A 101,000 1949 M S 165,000 Belgium 25 year external *%• External s f 6s............ 1955 J J 309,000 External s f 7s................1955 J D 346,000 Stabilisation loan 7s 1956 MN 508,000 28 29 65 7% 7 7 « 75 72 Sale Sale 11% Sale 12 8 8% 9 8 Sale 6% 7V& 32% Sale 32% Sale 30 8 7% 7% Sale 8% 8% 8% 8% 12 9 12 JS Sale Ja* 74 Sale 13% 13 Sale 11 Sale 11 14% Sale 24% 69% 8% 8% 8% 8% 8% 8% 8 a74% Sale a71H Sale 55% 55% 54% 46 % 47 Sale 56% Sale 60 Sale 56 Sale 47 Sale 57% Sale 46% 48 % Sale 56 59% Sale 59% Sale 59% Sale Sale 56% Sale Sale 56 Sale Sale 56 Sale Sale 26 60 Sale 47 47 Sale 56 Sale 61% Sale 58% Sale 59% Sale Sale 56 Sale 61 Sale 50 Sale 54 Sale Sale 64% Sale 70 Sale Sale 80 Sale 83 Sale Sale 82% Sale 77% Sale 91% Sale 56 Sale 42 56 fl54% ilH as 80 Sale Sale 75 Sale 92 Sale 86% Sale 58 Sale 61% Sale Sale P 49 51 46 40% 101% Sale Sale 95 Sale 105 Sale 107 Sale 104 Sale 104% Sale 63 * Sale Sale 96% Sale 91% Sale 100 Sale 100% Sale 55% 54% 50 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 64% a78% 77% 73% a85% 49% May 38 May o92% May 89 May 94% May May 33% May 22 33% May 19 72% May 4 13 May 27 13 May 27 13 May 27 13% May 29 12% May 29 13% May 29 13 80% 63% 62% 62% 62% 62% 63% 63% 62% 63% May May May May May May 17% Mar. 17% Mar. 63 7 Apr. 6% Apr. 6% Apr, 6 Apr. 6 Mar. 5 Mar. 4% Apr. 29 71 Apr. 6 Feb. 41 27 Feb. 41 26 40% Feb. 27 26 040% Feb. 26 a40% Feb. 40% Feb. 26 27 a40% Feb. 40* Feb. 26 Feb. 26 Feb. 38 26 49% Jan. 31 71% Mar. 29 Mar. 27 May May May May May 58 May 70 May 83% May 83 May 79 May i 85% 94% May 27 49% 63% May 27 38 45% May 4 a92% 101% May a88% 95 %May 94% 108% May 107% May Mar. 96 1 Jan. 11 M Feb. 2 May May 13 May 13 May 13% May 12 May 13 May 13 May 4 27 27 27 29 29 29 29 83 21 Jan. Mar. 63% May 27 62% May 26 62% May 27 62% May 26 65% May 26 63% May 26 63% May 27 62% May 26 63% May 26 58 May 26 70 May 31 83% May 29 83 May 27 79 May 1 Apr. 95 Jan. 16 May 64% Jan. 27 May 69 May Apr. May May Securities.—Sales of State and City securities occur very rarely on the New York Stock Exchange and usually securities being almost entirely at private sale over the counter. The Stock Exohange record henoe Is Imperfect and misleading. by active dealers In these securities will be found on a subsequent page under the general head of "U. S. A Municipal Bonds." tatlons. however, % 30 13 25 25 ..... 97% Feb. Jan. 11 102% Apr. 29 Jan. 107% Jan. 106 Jan, 98 25 25 24 Deferred delivery, note.—State and City dealings In such 66% Sale ... rCash sale. 30% Sale 1 only at long Intervals' Bid and Asked quo" n. y. stock june, 1933.] Sales in Price BONDS May. Value. N. T. 1933. Caldaa Dept of (Colombia) 1946 J Canada (Dom) Gold 4a 32 1834 634 634 534 120 J 22 J O ... Chile Republic ext a f g 7a......1942 MN External sinking fund g 6a 1960 A External a f gold 6a.. Feb 1961 F Ry ref extl Extl a a f g 6s ...Jan 1961 J f 6a int ctfs J 1962 M 8 1963 M N Chile Mtge Bank of gu a f 6 H* ..1957 J Sinking fund gold 634* guar s A ..Sept 1961 M S Extl alnktng fund 6a External sinking fund 6s Guaranteed 0 JD 1961'J D 1961.A C f gold 6s Guaranteed sinking fund 6a_.1962 Chilean Munlc Loan 7a 1960 19,000 Chinese Hukuang Ry 5s 1951 Chrlstlania (City) (Oslo)3f-yr 6s-1954 Cologne (Germany) a '634* 1950 26,000 109,000 557,000 527,000 55,000 105,000 61,000 71,000 112,000 95,000 13,000 29,000 Colombia (Rep) gold 6s External a f g 6a.. ....Oct 1961 Gold 434* Cordoba (City) external External a f 7a a f 7a 1957 Nov 15 1937 Cordoba (Prov) Argen 7a 1942 Costa Rica (Republic)— 78 Nov 1 1932coupon on... 16,000 1951 MN 7a May 11936 coupon on.......1951 2,000 19,000 Cuba (Rep of) 5a of 1964 1944 5a ext debt Ser A of 1914 28,000 1949 29,000 4>4* external loan .......1949 154,000 30-year a f 534* .1953 Public Works 534*-.-June 30 1945 413,000 734 29 49 « Sale Sale "43" 1834 19 22 h Sale 1134 1334 Sale 8434 934 Sale 67 Sale & 72 76 Sale 56 Sale Sale Sale 16 23 Sale 25 1434 Sale Sale 634 534 534 a934 Sale Sale Sale Sale 14 Sale 834 Sale 834 Sale 434 Sale 1634 1734 74 Sale 5334 Sale VA Sale 934 10 1134 Sale 834 Sale 834 Sale 634 Sale ~-~"l "88" Sale Sale 26 Sale 28 7134 Sale Sale Sale 27 22 60 17 85 Sale 4934 Sale Sale !* \i* 10 11 Sale 95 Sink fd 8a ser B 17,000 ..1952 243,000 Denmark 20-yr external gold 6s .1942 External g 5*4a 160,000 1955 External g 434* 635,000 1962 Deutsche Bank Am part ctfs Sa 62,000 26,000 20,000 . 9434 7 7 1034 Sale Sale 18* Sale 11 Sale 1034 11 Sale Sale Sale 11 11 834 1834 2834 2834 2734 2734 Sale Sale Sale Sale 33 Sale 27 70 63 33 Sale Sale Dominican Republicsf534*.. 1942 1st sec 534* of 1926.. ...1940 2d series sinking fund f 3*a..1940 32,000 29,000 Dresden (City) extl a f 7s ...1945 390,000 Dutch East Ind 25-yr extl 6) 4934 3734 Sale Sale 70 70 66 1534 Sale 3034 44 26 3234 29 1734 1934 n* IS* 89 67 73 1434 Sale 9034 95 89 92 8834 Sale 83 Sale 73 Sale 7834 40 Sale 68 1934 41 107 531,000 40-yr external alnk fd gold 6s .1962 70,000 30-yr external gold 534a..Mar 1953 45,000 30-yr external gold 534*..Nov 1953 2,000 El Salvador (Rep) 1st a ' 8a A...1948 Certificates of deposit...... 16,000 17,000 Estonia (Republic) 7s ....1967 56,000 Finland (Rep of) external 6s....1945 External sinking fund 7s 115,000 1950 External sinking fund 634*. 231,000 1956 Extl sinking fund 534a........1958 204,000 39,000 Finnish mun loan 634* A 1954 109 External 634* Ser B 28,000 1954 181,000 Frankfort (City c?) a f 634* —1953 958,000 French Republic 20-yr extl 7 34s.. 1941 External a f 7a of 1924 407,000 1949 .... 107 108 35 3534 4734 J J M S M 60 8 63 M S F i* A A O A O 56 5834 3234 M N I J D 131 D 130 1965 J D 60 Sale 1949 A O 80 Sale 7834 6634 33 12 May May May May May May May May May 29 31 29 29 1 31 29 29 31 Jan. 12 7834 3034 5534 51 May 120 3234 2934 2934 2734 _ 15 13 16 22 22 12 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 55 71 69 May 33 May 3434 May 1734 May 2634 May r20 85 74 17 16 16 16 15 5 4 6 5 5334 42 4134 52 34 1334 11 1034 11 5 5 1034 1034 1034 3 12 11 1334 4 2 r25 4 84 16 3834 _ 3 11 5 3 22 10 12 27 11 25 23 Sale 73 47 74 Sale Sale Sale 98 Sale Sale 7534 Sale 73 1434 Sale Sale 1834 a62 "4034 8434 8$ if* 2634 066 34 30 a71 3534 35 3234 3234 3234 7034 6734 1934 32 40 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 ft* iff iff 29 26 26 29 9 31 _ 29 29 31 31 26 27 27 29 29 27 31 27 24 31 11 22 22 29 29 31 3 29 29 17 24 30 1334 May 1 May 11 9034 May 8 8734 May 8 79 May 12 a6834 May 12 1934 May 29 9434 May 29 93 May 17 9234 May 29 87 May 31 77 May 27 a91 Sale 73 55 Sale 48 40 May 31 45 78 51 Apr. r20 Mar. Apr. 58 1 4 64* 13 Jan. 12 May 29 12 21 Jan. 21 12 May 31 Jan. 67 12 Jan. 11 12 May May May May 1034 Apr. 1034 May 10 M May 29 29 31 31 24 27 27 i!* if* Mar. 11 Jan. 15 14 Jan. 6 1134 May 27 1134 May 31 9 May 27 r25 May 24 8534 Jan. 27 5734 Jan. 13 3734 Jan. 12 May May Mar. Mar. Apr. Feb. 37 Jan. 28 3234 May 29 3234 May 29 3234 May 31 Feb. Mar. Mar. 73 Jan. 6734 Jan. 1934 May 32 May 40 May 1034 Jan. 2434 Jan. 2434 Mar. 14 11 29 17 24 May 25 5 Jan Jan. 4 Jan. 5 24 Jan. Jan. 12 May 27 1034 Apr. 19 Apr. 21 8534 Apr. 20 1934 May 29 9934 Mar. 15 Mar. Mar. 3 3 5834 Mar. 3 9234 May 29 8734 Jan. 13 77 May 27 88 75 69 May Apr. 3534 Apr. 4 03434 Mar. 39 Apr. 4534 May 6534 May It* Jan. 66J4 Jan. 7534 Jan. May 73 12 24 o44 31 1 31 13 31 31 31 27 18 1 1 1 3 29 11 29 29 29 29 29 17 Feb. 59 Mar. 29 May May Apr. May May May May May 75 434 Apr. 434 Apr. 5 Apr. 5 Apr. 5 Apr. 734 Apr. 934 Apr. Apr. Apr. Apr. 1634 1634 1834 1934 1834 Mar. 29 86 534 Apr. 5 May 27 Jan. 88 9334 Mar. 69 May 834 Apr. 03934 May 3234 May 3234 May o38 4 10134 Jan. 10034 Jan. 25 2334 Jan. 6 30 14 Jan. 30 24 1934 31 7834 Apr. 20 89 12 a7934 Apr. 11 9334 62 29 Apr. 6 a75 64 29 Apr. 8 7534 32 May 27 Apr. 5 48 May May May May May May May May May May May May May May May May May May May May May iff 81* 11 79 91 May May May 8534 May 72 May 74 J4 May 18 89 Jan. 60 3 57 15 29 Jan. 3 4 31 Apr. 6 29 334 Mar. 24 29 334 Apr. 6 1 O10134 Mar. 2 120 31 1634 Jan. 4 3234 29 1534 Jan. 3 2934 29 1434 Jan. 3 2934 31 1234 Jan. 4 2734 1 4634 May 15 7234 27 06434 Feb. 6 71 1 6334 Jan. 6934 2 7034 Jan. 7834 3 2434 Jan. 3034 37 Mar. 29 5534 3734 Jan. 25 50 29 3434 Feb. 27 51 16 Feb. 24 3534 29 29 2034 Apr. 4 34 29 1734 Mar. 2 33 21 29 Apr. 4 14 27 Apr. 18 24 02134 May 3 2734 May 20 17 May 24 82 May 3 8334 May a67 May a6734 May 10 a3934 May 8 May 2 May 26 42 "45"" 38 Sale 3734 May 19 ft* Sale 40 4034 Sale May 2 42 Sale 10534 Sale 102 May 17 109 Sale 10934 Sale al0534May 18 110 10734 10234 May 18 109 Sale 108 Sale' 10334 May 16 108 50 3534 Sale 3534 May 31 3534 Sale Sale 35 3534 3234 May 5434 5134 Sale a49 May 16 Sale 60 6534 May 1 Sale 70 Sale" 63 May 1 60 59 6434 Sale May 2 Sale 5734 56 May 2 67 57 6134 May 2 64 65 5834 May 2 64 Sale 2834 Sale 2634 May 16 3234 Sale 127 Sale 118 May 8 13334 Sale 12734 "Sale 11734 May 8 131 40 40 1947 2734 26 1932 M S Stamped extd to Sept 1 1935..... M 81* 31 28 27 4034 Sale 8434 Sale 7234 Sale 9* 'iff 3234 Sale 3234 Sale 7534 Sale o8934 Sale 7H 3234 Sale 8334 Sale 6634 73 9534 a38 Sale Sale Sale 82 Sale 69 1134 a3934 3234 Sale Sale Sale 15 80 1034 Sale a9434 834 Cundlnamarca (Dept Colombia) External a f 634* 314,000 .1959 34,000 Czechoslovak (Rep of) extl 8a...1951 ill a91 Sale 34 20 Jan. May May May May May May May May May May May May May May May May 834 43 Sale 39 2634 90 Sale Sale 84 2334 V 934 Sale Sale Sale 834 8 37 13 10 it* Sale Sale 84 6 Jan. 34 19434 Sale 8 7534 Jan. 3534 May 9834 Sale Sale 634 Sale 75 Mar. 28 2534 May 1 2734 May 9 2734 May 9 30 3234 3934 May 17 Sale 27 May 11 Sale 1534 May 16 r2634 Sale a2134 May 3 n* Sale 6 Apr. 22 2634 May 16 2634 Apr. 17 May 31 7434 May 25 3834 May 2 53 Sale Sale 65 63 34 2 10 16 17 1 11 10 Sale Sale 4934 834 834 834 834 6 Sale Prices. 75 Sale Sale 41 634 Sale Highest. Sale Prices 4634 92 42 Sale 6534 May 66 May 2634 May 2634 May 1834 May 634 May 5 >34 May 5 May 10934 May 24 May 2134 May 22 May 1934 May 4634 May 6534 May 6634 May 7534 May 2734 May 47 May Lowest. Sale Prices. Prices. iff 81 60 12 Sale Highest. 47 64 70 Sale 50 5634 Sale 5634 Sale 40 Sale 28 3034 3134 Sale 18 ..... Sale Sale 4634 3334 Sale 31 92 Sale 44 1834 89 Sale 3134 Sale Sale 7634 Sale o2734 2434 6834 6734 1034 2434 2334 1953 113 Sale 4234 20 6343 1947 Sinking fund 7a of 1926.......1946 Sinking fund 7a of 1927... 1947 Copenhagen external 5s 1957 Sale Sale 2934 2934 Colombia Mtge Bank 26 Sale 93 734 Sale §?* 75 50 Jan 1961 25 30 80 1960 A Sale Sale Sale Sale 70 Carlsbad (City) a 1 8a -.1954 J J Cauca Vail (Rep of Col)s f g 734*1946 A O Cent Agrlc Bank (Ger) 7a... 1950 M S 1938 Sale 2434 3834 3334 3334 99 f 6a .............1960 J 27 68 A f 6a Sale 68 1936 F s 30 55 <Hi Farm loan 6s series A 70 2034 Sale 8634 Sale 9934 Sale O 75 Sale 97 2434 Sale 2234 Sale 1952 M N .....1960 A 70 70 3934 Ask. Sale 36 30-year gold 5s a RANGE SINCE JAN. 1. Lowest. May 31. Ask. Bid. 6334 6534 ... Farm Loan PRICES IN MAY. May 1. Bid. ... Farm loan 19 Jan. 3 STOCK EXCHANGE. Foreign Government (ConHuued) 9,000 Bergen (Norway) ezt a f 5s.Oct 15 1949 A O External a f 5a 13.000 1960 M S 187,000 Berlin (Germany) e t tH* 1950 A O 366,000 External sinking fund 6s 1958 J D 24,000 Bogota (City) ext g 8a 1945 A O 268,000 Bolivia (Republic of) • f 8a 1947 M N 89,000 External sec gold 7a a 1958 J J Extl alnk fund 7a 174,000 1969 M 8 726,000 Bordeaux (City of) 15-year 6a... 1934 MN 193,000 Braxli (U S of) external 8a 1941 J D Ext a f g 6tt« of 1926 429,000 ...1957 A O Extl a f 6Ha of 1927 383,000 1957 A O 189,000 Cent Ry 30-yoar g 7a ..1952 J D 103,000 Bremen ext g 7a trust recta.....1935 M S 123,000 Brisbane (City) a f 5s ..1957 M 8 63,000 Sinking fund gold 5s 1958 F A 57,000 20-year a f 6s 1950 J D 225,000 Budapest (City) extl a f g 6a 1962 J D 18,000 Buenos Aires (City) extl 6H«---1955 J J 1,000 External a f g 6s aeries C-2 1960 A O 20,000 External a f 6s series C-3 1960 A O 113,000 Buenos Aires (Prov) ref. ext'l s f 6s 1961 M S 320,000 Stpd (Sept 1 '33 coup on) M S 23,000 External a f 6 H» ...1961 F A 114,000 Stpd (Aug 1 '33 coup on).... F A 50,000 Bulgaria (Kingdom of a f g 7a. .1967 J J Stab loan a f g 7——Nov 15 1968 M N 45,000 82.000 516,000 677,000 491,000 5,000 61,000 510,000 484,000 990,000 591,000 200,000 400,000 341,000 326,000 287,000 85,000 130,000 107,000 53,000 135,000 102,000 53,000 exchange-bonds 93 Feb. 9334 Feb. 9134 Mar. 9234 Mar. 26 Apr. 9834 Mar. 15 85 51 Jan. 11 May 24 May 4 5 4234 May 6534 Jan. 12 109 May 2 110 May 2 109 May 2 108 May 2 42 43 Feb. 24 3234 May 4234 Apr. 5834 Mar. 5934 Apr. 57 Mar. 3534 May 1 Feb. 23 67 Jan. 72 Jan. 66 Jan. 20 25 30 54 6434 May 31 64 May 27 64 May 18 Apr. 5534 Mar. 55 Jan. 2534 Mar. May oll234Mar. 118 51 Jan. 13334 May 131 May 12 1 1 German Gov't International— 5,849,000 35-year 5 34* of 1930 2,512,000 German Republic extl German Prov Ac 7s ... Communal 301,000 (Cons Agrlc Loan) 634* *er A--1958 J O 5,000 Grax (Municipality) 8s ..._1954 MN 5,220,000 Grt Brit Ac Ire., 20-year 534* 1937 F A Registered ............. 673",000 >' z4% fund £ op I960 Greater Prague—see 17,000 40,000 133,000 284,000 21,000 82i000 45,000 76,000 20,000 10,000 19,000 66,000 6,000 833,000 23,000 44,000 218,000 655,000 544,000 Greek Govt s f sec F Cash Hamburg (State) 6s 1964 MN 1968 F Sale 7234 30 30 Sale 3334 5134 53 10334 Sale 27 May 6 3234 May 23 46 May 16 4734 May 9 10134 May 15 107 May 1 a8734 Sale 08734 Sale a8434 May 24 08934 May 52 32 29 Sale 1534 1534 Sale 5734 Sale 2034 22 2334 2434 30 2434 3934 30 ... A 1960 MN (Kingdom) external a f 7a. 1951 J D Italian Cred Consortium 7s ser A 1937 M 8 External sec s 17s series B 1947 M 8 Italy Italian Public Utility a f g 7a.... 1952 J Japanese Gov extl a f 634a 1954 F J A 1965 M N payable 20 Sale 75 Sale Sale 30 Sale Sale 2934 Sale 6034 Sale 22 afc t Sale 7634 80 9834 Sale 9634 99 94 Sale 8934 Sale o5734 Sale 4834 Sale 17 Sale 55 2734 Sale 2434 31 32 3834 80 — 99 Sale 9934 89 9934 Sale Sale 2034 1934 J Hungary (King of) • f 734*-.....1944 F Interest Sale Sale 47 1946 J Irish Free State external 5s 1734 2334 52 3534 May 15 5534 May 12 Sale 10634 25 1634 Sale 7134 78 ......1946 A Unmatured coupons attached Extl sinking fund 534* 2934 1634 Sale ..... 78 Hungarian Land Mtge 734a A...1961 M N S f 734* series B_. 1961 M N 106 .....1952 A 7s coupon Accrued Sale 5334 Sale A Heidelberg (City) extl a f 734*..-1950 J Helslngfors (City) ext 634* ...I960 A Hungarian Mun Loan 734*.... 1945 J z 4434 Sale 4634 7134 1990 Haiti (Rep of) 6s series A sale, Sale 57 A Jugoslavia (State Mtge Bank)— Secured s f g 7s 55,000 1957 A C 13,000 Leipzig (City) external a f g 7a.. 1947 P A 20,000 Low Austria (Prov) sec a f g 734s. 1950 J D 672,000 Lyons (City of) 15-year 6s 1934 MN 644,000 Marseilles (City) 15-year 6a 1934 MN 77,000 Medellin (Colombia) 634* 1954 J D Mexican Irrig Assenting a f 434*. 1943 r 38 "Prague" 7a Sinking fund secured 6a External sf 4534 Sale 6534 Sale Bka— 2934 Sale p 26 Sale 32 86 88 Sale o94 9534 Sale 91 a96 92 Sale 8934 Sale 7334 Sale 6234 Sale 2034 2134 4734 Sale 1834 120 50 Sale 120 Sale he exchange rate lli 234 V/s 4 16 27 8934 Sale 6634 Sale 5134 Sale 4934 Sale 10434 Sale 10434 Sale 734 834 2 534 1834 May 1434 May 73 May 2834 May 28 May 5534 May 21 May 2134 May 22 37 56 Sale Sale 113 Sale 11234 Sale 1234 Sale 234 5 of $4.8 665 to the £ May May May May May May May 87 3i May 08934 May 65 May 51 May 24 20 77 34 32 6034 2334 2334 if* 31 3534 8734 100 8* 92 94 it* 1834 May 22 r25 36 May 22 4734 50 May 20 5634 11034 May 9 120 10934 May 9 120 834 May 8 13 May May May May May May May May May May May May May May May May May May May 6 3534 May 15 5434 Apr. 17 6434 Jan. 8634 Jan. 27 May 6 5534 Jan. 11 46 May 16 64 Jan. 25 10134 May 15 107 May 1 10534 Jan. 9 10534 Jan. 9 a72 Jan. 17 a8934 May 6 18 ol6 1434 29 5 o71 2834 2 4 6 11 2 16 11 23 10 31x4 26 7634 9 9434 2 9134 20 873 31 84 5 45x4 12 3534 11 47* it* ft* Mar. May Jan. If* Jan. Jan. WJan. ry. 23 23 11 Apr. May Apr. 60 Jan. 9 Jan. 61 Feb. 18 Jan. Mar. May 25* 11 Mar. 30 Apr. 8 Mar. 1634 May 16 3234 Jan. 30 Apr. 31 Jan. 45 Jan. ar. Jan. 8734 May 30 12 9 Mar. 101 Jan. May May 101 Mar. 28 Feb. Feb. Feb. 97 Jan. 25 19 9534 Jan. 31 7534 May 12 64 May 11 12 Mar. 26 r25 May 3 36 May 22 64 May 1 4934 Jan. 3 6034 May 26 Mar. 3 120 May 1 olOl May 1 O10134 Mar. 2 120 734 Apr. May 29 1 14 3 234 Mar. 31 sterling, a D eferred Delive 12 20 May Jan. 3 25 Jan. 24 May 1 May 1 Jan. 11 Feb. 7 EXCHANGE—BONDS N. Y. STOCK 30 n. y. stock Value. Jan. 3 ezchanoe. 1933. 1945 2% 2% Assenting 4a of 1904........-.1954 Assenting 4s of 1910 ....... 2% 2 3% Ask. Ask. Bid. Bid. 6 3 of 1899£ 1945 Lowest. 4% 4% 4% 5 4% 4% 4% 3% Assenting 4s of 1910 large Assenting 4a of 1910 small 17,000 Sale Prices. 6 May 20 5% May 20 4% May 20 3% Apr. 18 5% May 20 2% Mar. 15 6 May 20 5% May 20 4% May 20 4% May 27 4% May 25 2% Jan. 4 2% Mar. 15 4% May 27 4% May 25 * * * J * Small * Milan City (Italy) ext loan o27,000 Brasll.— External sinking fund 6)4a 84 85 Sale 23 Sale 85 O A Sale 81 Sale Mlnas Geraea (State) A 13 11% Sale 17% 20 12 17 72 Sale M 8 J D J D F A M 8 M 1959 30-year external a f 6a Oct 1952 110,000 40-year ext a f June 15 1965 136,000 External a f 5s Mar 15 1963 224,000 Municipal Bank extl a f 5s 1967 21,000 Municipal Bank ext s f 5s ..1970 4,000 1952 70,000 Nuremberg (City) external 6s 163,000 Oriental Development 6a........1953 External deb 5 %s. —...1958 406,000 1955 78,000 Oslo (City) 30 year a f 6a S M s D J F A F F A J Panama (Rep) external 5Ha 1953 s f 58 Be* A May 15 1963 Pernambuco (State) ext sec 7s__1947 Peru (Rep) Sec a f g 7a... .......1959 National loan ext a f 6a. 1960 National loan ext a f 6s 1961 Poland (Rep of) g 6a 1940 Stabill* loan 7a of '27. Oct 15 1947 External a f 8a 1950 Porto Alegre (City of) 8a____ 1961 External guar sink fund 7%a_.1966 "Prague (Greater City) 7%s ..1952 429,000 Prussia (Free State) ext a f 6%_._1951 106,000 137,000 87,000 136,000 413,000 177,000 96,000 264,000 87,000 18,000 145,000 gold 6a 1952 487,000 87,000 Queensland (State of) ext a f 7a.. 1941 25-year extl a f Sa Feb 15 1947 77,000 113,000 Rhine-Main-Danube deb 7a ser A 1950 126,000 Rio Grande do Sul (State) ext 8a. 1946 Ext s f g 6a 1968 295,000 Ext a f 7a of 1926 1966 145,000 Extl a f 7a munlc loan 1967 142,000 151,000 Rlode Janeiro (City) 25-yraf 8a .1946 External sec a f g 6 Ha ' 953 291,000 1952 370,000 Rome (City) external a f 6 Ha 1964 134,000 Rotterdam (City) ext a f 6a Roumania (Monopolies) 7a 1959 86,000 S f Saarbruecken MN M N D J 8 M M S MN M S f 54 % 94% 80 M S 66 O J d MN 8% A O 9 F A O 87 Sale 00 % Sale 32 Sale J _ M S 19 D F A MN F A Sale 20 33 Sale 33% 93% Sale 48% Sale 17 ' Sale 25 24 Sale Sale 24 Sale Sale Sale Sale Sale 23 19% 20% Sale 20% Sale a85% Sale 100 Sale 40 45 Sale 58 13 Sale 52 12 Sale Sale 12 12 Sale IF 57% 18% 43% 40% 60% 58% Sale 60 Sale 23 16 » Sale Sale 42 al8 Sale 55 Sale 44 54% 58% 18% 17% 41% 32% 65 65 Sale 16% Sale 41% 45 L06% Sale 46% Sale 43% 33% "40"" Sale 110 116 48% 48 mn MN 97% Sale A O 105 Sale F A 66 Sale J J M S O A M N M N J D J D F A 1952 .1952 A O MN 42% Sale 33% 36 Sale 44 11 61HSale 91% 75 73% 44% Sale 41 39% 48% Sale il% 88 Sale al07 Sale 73 Sale 63 Sale 7a.......1958 63 56% 55% 59% 49 60 42 44 45% 29% 50% dQ7/a 49% UK 60 Sale Yokohama (City) extl a f 6a.. ...1961 A 39% Sale J D 47 Sale 98% 58% Sale a33% Sale 26 35 B* 39 10% 24% 25 Sale 55 Sale 62% Sale 56 39% Sale 50% 36% 51% Sale 51% Sale 66 60 45 83 55 60 Sale UK 66 84 Sale 82 80 61 73 94% 92% 95 Sale 47 18 25 F 44% 66 Unmatured coupons attached. Warsaw (City) external 16 38 16 2 6 3 81 Mar. 22 80% 93% 93% Mar. 24 91 Mar. 20 Jan. 16 a75 27 Jan. 11 35 Feb. Mar. 88% 87% 2 Mar. 2 83 May 16 31% Feb. Feb. 80 Sale 98 1 1 5 27 31 31 31 29 25 31 31 2 3 May 29 May 31 May 31 24 24 May May Jan. 3 27 102% Feb. 10 46 Jan. 13 Jan. 14 Apr. Apr. Apr. May 11 59 Mar. 58% Feb. 23 Apr. 69 May May 8% May 8% May 18 29 31 31 Feb. 9 Feb. 23 20 45 3 26 31 31 UK 27 19% 17% 17 61 25 55 46% r62% 58% 20 17% 45% 38 rll8 51% 42% May May May May May May May May May May May May May May May May May May May May 27 31 31 29 26 29 15 5 12 29; 3ll %VA 88 78 41 Jan. May 31 19% May 16 93 Feb. 2 May May 63% Jan. 61% Jan. 11 Mar. 97 Mar. 28 May May &K May 87 May 49 May 25 May 24 May 24 May 21% May 22 May 20% May 9Q May 104% May 36 87 Jan. Apr. Feb. 12 8% Jan. 9 Jan. 8% Jan. Jan. 9 6% Jan. 82 Mar. 90% Mar. 32 Jan. 52 Apr. Mar. Jan. May Mar. 10% 7% 14% 13% oll% 9% 50% 12% 39% 37% a56% 54% 13% 12% 40 2 20 30% 10, 100 45 25 25 42% 72% Jan. 19 May 17% May 27 May 19% May 17% May 17 May 61 May 25 May 77% Jan. Fob. Feb. Mar. Mar. Apr. Mar. Apr. Apr. Apr. Mar. 42 35% 35% 100 63 50% 39% 66 25: 29. May May May May May May May May May May 29 Mar. Apr. May 6 31 11 Jan. 12 Jan. 13 13 21 12 10 26 25 4 Mar. 21 20 20 May 29 35% May 31 35% May 29 100 May 6 68% Jan. 20 50% May 18 41% Jan. 28 66 May 21 42 Mar. 35 11 21 r56 50% May 1 11 26 31 31 27 31 31 29 26 17 29 29 29 31 29 Mar. 56 3 29 98% Jan. May 76% May 59 May 48 May 63 May 16 May 75% Mar. 62% Jan. 21% Apr. 15% Apr. 16% Apr. 94 25 113 Mar. 181 29 25 31 31 22 Apr. 29. 14 31 31 21% Jan. 45% Feb. 50% Jan. rll8 May 57% Jan. 42% May Mar. 75 29 60 1 78 19 65 11 89 4 22 27 24 % 13 89% 76 15 13 a75% 31 44 13 27 68 2li May May May May May May May May May 11 69% Jan. 74% Jan. 113 49 Jan. May 71% Jan. 25 May 24 May 24 May 21% May 22 May 20% May 92% Jan. 104% May 45 May 3 088 Apr. 95% May May 17l al02%Mar. 66 Jan. May 29 18* May 29 59 33% Feb. 48 26 Feb. May 29 63 May 3l| 33% Feb. 16 8 May Apr. 65 61 Jan. May 55 May 29| 45% Apr. May May May May May May May May May May May May May May May May May May 41 42 14 29% 25% 97% Sale 65 Sale 37 110% 76% 57% 12 Sale Jan. Mar. 81% 81% o80% a74% o72% 74% May May 19 Sale 25 31 29 31 31 21 27 31 31 26 31 29 19 31 3 27 Jan. May 60 52 . 10 24 May May May May May May May May May May May May May 85 24 18% 2 6% 18 a5 29 3 31 3 31 52% 1 51% 1 5 a59 9 20 May 31 8 19% May 16 16 19 4 4 May 65 53% 28% 27% 26% 21% 95% May 31% May 14 May 11 May 8% May 8% May 58% May 58 May .68% May 16 12 1 2 1 2 May 92 94 Sale 110 Sale 50 1 4 4 VFJan. 32% May 64% May 60 May 85% May 13 May 11% May 14% May Sale al4 May Sale 12 May Sale 11% May Sale 55% May 18% May 26% Sale i\K May Sale 39 May 56% May 55% Sale 57 May 20 16% May Sale 14% May Sale 40% May Sale 30% May Sale 110 May 45 May 42% May 53 - 9} Sale 83 26 Jan. 11 88% May 87% May 83 Jan. Jan. 93% May 91 90 Feb. May 80% May 93% May 20 15% 16% Sale 20% a25% Sale 13% 19 May May May May 81 27% May 91 May 83 May 43 May 16% May 14 May 15 May 13% May 14% May 14% May 84 May 98 May 35 May 90 Sale 63% May May May May May May May May May May May 28 Sale 80 Sale Sale 1 15 18 3 1 11 1 4 1 25 16 2 * 3 Jan. Sale 14% 56 J Sale 28% 27% 26% 21% 1 3 3 2 Mar. 12 May 80 86% Sale alVi 16 62% 5 5% 52% 54% 62% 15% 15% 15 % Sale 12% 14% Sale D 17% 17% 87% 86% Sale 53 D J Sale 12* M N M n Sale 14% 67 8% M N Sale 14 12 7 % Sale 18 27 63 % 59 A F 1960 MN 1964 M N 1 7a Venetian Prov Mtg Bank Vienna (City) external 6a O A Sale 16 Fale 11 7 15% 11 13% 9 Sale 8% Sale 16 6% Sale A 18% Sale 8% 93% Sale 83% Sale 44% Sale Sale 9 D Sale 55% 57% 66% 19% 17% 13% 36 85 Sale Sale 38"" Sale alF i3oH Sale 65 84 % Sale J M N 60 a85% Sale 5% 5% 57% 57% 10 May 28% 64% 95 Sale Sale 66 6a Sale 52% Sale 44% Sale 83% Sale 11% 12 % 8% Sale J f 6a 83 83 74 32 95 Sale A 1954 Switzerland (Govt) ext5%a 1946 Sydney (City) a f g 5%a 1955 Taiwan Elec Pow 5^1 .......1971 Tokyo City loan of 1912 5a 1952 External a f 5Hs guar ..1961 Tollma (Dept of) external 7a 1947 Trondhjem (City) 1st ext g 5%a..l957 Upper Austria (Prov) extl a f 7a-.1945 External a f 6V^i June 15 1957 Uruguay (Rep) external a f 8a... 1946 a 86 Sale 14 O Extl g5Hs a Sale Sale O A 90% 87% Sale F ...... Extl Sale Sale 90 59 23 May 22% May 20 May Sale 15 May Sale a75 May Sale o75 May Sale 88% May Sale 87% May Sale 86% May Sale 84% May Sale 82 May Sale 75 May Sale 82% May 27 May 32% Sale 52 May Sale 44% May Sale 81% May 78% 93% 93% Sale 8 J . 90 Sale 9 a 1953 Sale 86% 87% 87% 84% 83 75 31 A .... Ext 77 40% Sale 5 0% 6 6% 4 % Sale 4 4% 53% Sale 53% Sale 60 Sale A 25,000 San Paulo (State) ext a External a f 8a 145,000 Ext 7s water loan 42,000 External a f 6a... 1968 152,000 Sec a f g 7a 1940 311,000 Sante Fe Pro? (Arg Rep) extl 7a 1942 124,000 453,000 Saxon Pub Works (Germany) 7S.1945 Gen ref guar aerial gold 6%a._1951 301,000 Saxon State Mtge Inst 7a 1945 103,000 SFg6%s _Decl946 46,000 Serba. Croats 8c Slovenes extl 8a .1962 213,000 Ext sec 7s ser B._ 1962 124,000 Silesia (Prov) extl alnk fund 7a..l958 66,000 1947 126,000 Sllealan Landowners Aaan 6a 163,000 Solasons(Clty)ext 15-yr g 6aNov 14 '36 Styrla (Prov) extl sec a f 7a__....1946 26,000 Unmatured coupons attached 1,000 Sweden (Kingdom of) 565,000 987,000 105,000 339,000 61,000 210,000 15,000 13,000 34,000 16,000 25,000 306,000 82,000 48,000 137,000 1,000 91,000 81,000 80 15 9% Sale 8% 8% M n Mar 1952 MN May 15 1957 M N f 8a 1936 J J J ...1950 S 1956 Ext Isec a f g 6Ha a77% Sale 87 May 16 Sale 20 100 % .00 r (City) a f6s Sao Paulo (City) a f 8a 26 23% Sale 170 % 78 70 % 79 46% 43 % 45 40% Sale 82 Sale ~ 29,000 27,000 152,000 21 Sale 11% MN 319,000 New South Wales ext a f g 5a—1957 External a f g 5a 1958 255,000 130,000 Norway 20-year ext a f 6a. Aug 15 1943 20-year external a f 6a. Aug 15 1944 154,000 28% 27% Sale 71% Sale 86 % Sale 85 Sale 84% 85 77 81 80 Sale 1958 1959 1952 128,000 Ext pec 6>$s series A. 147,000 34,000 Montevideo (City) a f g 7a Ext s f g 6s series A 34,000 * * * (large) 1933 J Treas 6a of 1913 assent * Highest. Sale Prices. 5% May 19 5% May 20 4% May 20 6 3% 3% Assenting 5a large 5,000 Lowest. Sale Prices. 4 May 6 3% May 17 Assenting 5a of 1899 15",000 Highest. Sale Price. May 31 May 1. Ask. Bid. FOREIGN GOV'T (Concluded) Mexico (U S) external Si 23,000 7,000 RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS Sales in May. Mar. 35% Feb. RAILROAD 1943 5,000 Ala Gt Sou 1st cons 5a ser A First cons 4s series B 1943 2,000 A 35,000 Albany Ac Susq lat guar 3%a. ...1946 1998 A 1,000 Allegh 8c West 1st g gu 4s Alleg Valley gen gu 4a 1942 M 15,000 July 1995 Q 14,000 Ann Arbor 1st g 4a 1995 A 1,949,000 Atch Top 8c S F gen g 4s Registered 1995 A 12,000 Adjustment g 4a Jnly 1 1995 Nov 54,000 Stamped .July 1 1995 M N 180,000 MN Registered.. Conv g 4s of 1909 1955 J D "8,666 Gonv g 4a of 1905... 1955 I 62,000 Conv g 4a of 1910 ...1960 J Conv deb gold 4%a 1948 D 495",000 Rocky Mt dlv lat 4a A 1965 J 10,000 72% "82% 61 ----- 93 94% 24 20 94% Sale 60 92 23 Sale 86% Sale 87 24 33 92% Sale ... ... Trana-Cont Short Line 1st 4a gl958 J 20,000 50,000 Gal-Ariz l«t 8c ref 4%a ser Atl Knox 8c No 1st g 5a A ...1962 M 1946 J A..1944 J 90 84 84% Sale 84 Sale 77 80% 85 Sale 80 74 84 79% 76% 73% Sale 83% 70 91 94 £ 88 68% 85 2,000 Oct.. 1952 1948 Second 4s 1948 Atlantic 8c Yadkin lat gu g 4a__ 1949 Austin 8c NW lat g 5a guar 1941 Bait 8c Ohio lat g 4s July 1948 L 8c N collat gold 4a Atlantic 8c Danville 1st g 4s MN J A J 39,000/ ( Con ref mtge gold 4a 1951 r Cash sale a Deferred delivery 54 45% 45% Sale 13% Sale 95 78 82 82% 95% Sale 95 97% 65 A 77% 86 70% 73% 58% Sale 60% Sale 83 26 Sale Sale Sale Sale 30% 34 33 49% 82% Sale 47% Sale Sale Sale 68% 66% Sale 62% 65 Sale Sale Sale 60 70 * Look und 91 87 87% 84 May 24 May 29 73 60 17 87 3 65 Jan. Mar. Apr. Apr. 21 16 97 May 13 May 3 May 3 91% 87% 88% 3 5 Jan. 9 4 May 22 May 2 1 58% May May 1 May 4 18 May 2 30 May 24 85 65 71 65 20 22 31 31 11 31 31 29 98% 28% Apr. May May 76% May 75 May 29 May 1 12 29 o79 78 25 89 24 26 87% 89 ?F 81 50 48 34% Sale 90 95% 70% 72 er 3 May 10 a74% May . * 51 70 Sale 54% 36 Sale 28% Sale 90 92% 94% 27% 93% 95% May 82 May 95% May 95 May 78 * Sale 65 May 1 May 11 May 9 88% May 1 87 75 76 72 * 40 82 87 Apr. 20 May 11 May 9 Apr. 10 May 29 May 1 May 19 Mar. 3 Feb. 10 Mar. 27 Jan. 6 Jan. 6 Jan. 27 Jan. 12 May 24 84 May 29 80% Feb. 14 95% May 29 85 Feb. 9 96% Jan. 17 97% Feb. 9 82 83 71% 68% 39% 30% 44 May May May May May May May May 8 Jan. 24 30% 20 Feb. 15 44 May May May May May May May May 74 72 Apr. 20 86 Jan. Jan. 80 Jan. 67% Mar. 22 65 May 22 66 Apr. 19 85 51 Feb. 6 45 Jan. 3 71% 68% 13% Jan. 3 39% 65 83 20 22 31 31 11 31 31 29 30 10 75 87 76% Sale n* Sale 68 19% Sale 37% Sale 81 % Sale 3 5 60 ..... 38 20 78% Sale ..... Sale 71% Sale 16 65 75 75 75% 24* 92* 19 M Convert 4)4 s ....1933 Refund 8c gen 5a aer A 1995 J D 659,000 lat gold 5s July 1948 A O 65,000 Ref and gen 6a, aeries G 1995 J D 691,000 P L E 8c W Va Sya ref g 4s 1941 MN 88,000 Southw Dlv lat 3)68 at 5% 1950 J J 226,000 TolCIn Dlv lat 8c ref 4a. 1959 193,000 Refunding 5a series D 2000 595,000 Conv g 4Ha 1960 3.458,000 14,000 Bangor 8t Aroostook RR 1st g 5s '43 ... 75 Sale J Q Registered * 58 69 May May 72 88% 80 5s ser B 1944 J Atlantic City lat con guar g 4a 1951 J Atl Coast L lat cona 4a July 1952 M General unified aeries A—1964 J D lat 30-year 29 1 8 11 17 1 1 13 3 3 73 73 91 80% 88% Sale 83 83% "95"" May May 83% May 65 May 92 May 9** May a85% May 89% May 76 May a75% May 80% 50 Sale 82% 87 64 loV.ooo > 83 77 Atl 8c Char Air Line lat 4%a 39.000 1,000 517,000 640,000 533,000 169,000 50,000 5,000 76 76% 75 60 "87" 63% Sale 89% 71% 80% 75% 65% 63% 51 90 75% list of Ma tured Sale Sale Sale Sale Sale Sale Sale Sale ..... May May May 1 66% May 65 May 1 50 May 47% May 34 May 90 May 11 70 May 8 UK 80 51 Bon ds on Page 30' 83% May 11 76 May 10 * 63% May 31 90 May 72% May 82 May 78 May 65% May 63% May 52 May 94 May 76 May 6 * * 33% Mar. 31 a79% Apr. 31 37% Jan. 25 61% Mar. Mar. 25 55 31 45% Apr. Jan. 31 31 Apr. Mar. 88 26 Jan. 29 65 IP 2 17 3 3 3 18 4 6 28 20 63% May 31 90% Jan. 31 72% May 31 82 May 25 78 May 25 65% May 31 63% May 31 52 May 31 96 Jan. 28 76 May 29 June, 1933.] N. Y. STOCK Sales in Price May. BONDS Value. N. T. STOCK EXCHANGE. It Ask. J 36 % 60 1936 J J 1951 A 1943 I O 60 83 Big Sandy Ry lat guar 4a... 1944 J D 1989 J 1936 J 358,000 Boston 8c Maine 1st 5a A C__ 1967 1st mortgage 5a aeries II.. 303,000 1955 lat g4%s aerlea JJ 109,000 1961 113,000 Boaton & N Y Air Line lat gu 4a. 1955 D J M Bid. Ask. Bid. 84% 83 87 83 May 19 83 May 19 80 Jan. 75 71 May 71 May 71 May 75% 90 75 95 61 Sale 75 Sale 64 Sale 60 64 74 Sale O 59 Sale 55% 70 Sale 59 May 58% May 59 May F A 51 83 59 55 60 Sale 55 61% 1949 J Sale 35 Sale 42 50 80% 86% 46% Sale 90 95 58 Sale 57 50 Sale 12% J 92 D D 45 61 69",600 D 28% 38 83% 75% Sale 75% 25% 36 A 36 60 35 Consol gold 5a Ref 8c gen 8% 1959 85 May 10 46% May 1 May 4 .,, 15 70 90 82% 1987 J J 79% 70 1954 75% 1960 56 99 1936 Sale 100 % Sale M 8 1993 A O 1995 ' J J gold 4a.. 712,000 2,147,000 16,000 89 y2 90 79 Sale N 79 % % Sale 58 74 12 90 Sale 85% Sale 72 Sale J 35 80 93 22 55 25 Sale 11 90 Sale 90 58 7 86% 30 22 J 12 15 Sale 13 50 40 10 17 I 29 Sale Sale 93 93% 95 60 46 40 50 49% Sale 54 49 57 47% 55 19% Sale 5% Sale 44 18 % 5% Sale Sale 37 % 40 40 44 97 47% Sale 43 Sale 44 Sale 54 46% 48% 70 40 47 49 43 Sale 55 97 60 54 Sale Sale 59% Sale 59% Sale 56 61 33% Sale 12 Sale 17% Sale 16 J O 1953 M S 1960 MN D "70"" 62 Sale 64 Sale 56% Sale 24% Sale 22% Sale 66 Sale Sale 73 Sale Sale 12% Sale Sale Sale 26% Sale 26 Sale 12% Sale 67% 41 D 40 61 35% 38 46 62 Sale 88* 97 24 Sale 22 Sale 93 97 Sale Sale 105% Sale Sale 31 Mar. 31 Mar. 30 31 80 31 29 79% Mar. 31 96% Mar. 3 Feb. 10 si* 90 29 49 31 31 a55 25 80% 29 58% 31 53% 29 5 29 26 29 10 May 68% May May 94 May 90 May 16 25 25 31 27 23 13 13 17 30 45 45 72% May 29 Jan. & 89 Jan. Apr. 13 Feb. 14 Apr. 1 Apr. 11 10 Jan. 9 Jan. 11 May 31 May 31 May 31 Jan. 12 Jan. 27 107 Mar. 30 Feb. 28 11 May 31 May 31 88% 93% 93% 93% 90% 89% 89% 104% 11 Jan. 99 11 Jan. 11 Jan. 11 Jan. 13 Jan. 13 Jan. 12 Mar. 18 68% 78% 90% 85% 77 15 Apr. 20 91 Jan. Jan. 5 90 May 19 26 60 44 42 Feb. Apr. 13 Mar. 3 9% Feb. 28 Apr. 3 2% Mar. 25 15 Apr. 26 3 30 10 May 29 Mar. 30 23 May 29 May 26 May 29 13 13 23 Feb. 28 24 May 31 Apr. 12 30 55 25 Jan. 14 45 82 83 77 Apr. 25 May 15 90 Feb. 17 Apr. 20 Jan. 11 Apr. 21 Apr. 7 May 16 68% Jan. 9 May 25 95% Jan. 30 Jan. 31 77% Mar .122 86% Jan. 13 78% Jan. 13 Feb. 80 2 70% May 29 alOO% Apr.24 106% 101% May 10101% 87% Apr. 20 103% 26 92 90% May 80 23 Apr. 93% 79 Apr. 20 24 93% 90 98 31 May 31 31 10 22 _ Jan. May Jan. May Jan. Jan. 31 10 25 26 31 31 85 May 2 92 May 17 85 Mar. 41% May 1 47 May 31 May 8 87% May 20 80 May 83% May 72 May 77% May 54 May 7 May 86% May 30 May 34 May 44 May 38 May 10 May 13% May 61% May 95 May 47 % May 42% May 47 May 48% May 53 May 19 May 5% May 1 95 91 Jan. 3 _ 5 1 May 86 6 93 8 55 1 12 3 92 49 1 4 13 13 1 1 10 16 2 50 44 38 29% 32 71% 95 60 54 60% 60 61 36% 12% 2 84 90 May Jan. 4 30 Apr. 10 47 May 31 Apr. 20 91 Jan. May 20 87% Apr. 78 Apr. 20 May 16 68 Apr. 21 May 18 May 31 76% Apr. 21 32 Apr. May 9 May 18 3% Apr. 21 May 20 a86% Apr. 25 20 Apr. 4 May 29 Mar. 30 28 May 23 44 May 13 May 13 Feb. 20 33 May 13 9 Apr. 24 May 27 12 Apr. 17 May 26 61% May 10 May 23 5 94% Jan. May 16 Feb. 24 38 May 31 Feb. 27 35 May 31 Feb. 27 40 May 27 Feb. 27 40 May 23 Feb. u8 38 May 25 11 Apr. 5 May 27 7 3% Apr. May 31 54 May 53% May 31 86% Feb. 16 6 98% Jan. 9 93% Jan. 26 86 May 18 93% Feb. 9 Jan. 6 12% Jan. 94% Jan. 49 May 50 May 44 May 38 May 29% May 12 13 29 23 13 13 58 27 Feb. 3 71% May 99% Feb. 60 May 54 May 60% May 60 May 61 May 36% May 12% May 23 1 22 31 31 27 23 25 27 31 Mar. 15 51% May 26 Apr. 5 Apr. 5 42% Apr. 20 40 Apr. 5 58% May 29 51% May 26 34 58% May 29 58% May 29 62% May 26 67 May 26 1 96 30 36. 70% 72% May 90 * * 58% May 29 62% May 26 67 May 26 74 40 36 31 27 27 27 25 25 43% Apr. 15 Apr. 15 15 2 74 36 4% Apr. Apr. 18 May 27 May 5 May 5 19 73 May 2 May May May 98% May 103% May 99 May 113 May 76 May 90 May 50 May 4 29 27 29 25 25 25 31 13 3 Mar. 31 27 27 35 27 26 25 66% May 25 40 Apr. Feb. 50 20 33 * 3 36 33 May May May May May May 27 5 5 18% Feb. 28 6 Apr. 5 20 May May 72 Mar. 29 78 Jan. 12 46 36 Jan. 60 54 Jan. 12 47% Sale 94% 96 106% Sale 65% Sale 55 50 May May May 98 Sale a92% May 97 102% 103% May 98 95 Sale May 105 May %§* Sale 76 Sale 63% May 77 81 Sale May 50 50 May 52 Sale 36 Sale 78 77 Sale 44 50 83 85 91 83 96 90% 84 May May May May May May May 36 65 Sale" 60 85% Feb. 20 Mar. 18 68% May 1 83 63% May 29 78% 66% May 10 a68 May 20 a64 55 45 May 1 70% May 29 26% May 25% May 12 May 68 84 73 29 78% May 5 31 79% Mar. 31 31 Mar. 31 31 % Apr. 1 31 a84% Feb. 27 84 Mar. 31 31 31 a84% Feb. 25 May May May May May May 42 27% Sale 27% Sale 15% Sale 40 gu g 4a....1942 MN 44 Sale 59 95 90 May May May 35 May 26 May 66% May Sale 32% Sale 21% Sale Aug 2 1936 Q F q f 3 33% Apr. 8 Apr. 29 45 May 16 May 19 56% May 24% May 22% May 22 May 14% May 55 May 33 14% Sale 73 75 J 1963 J Chic ftt West Ind Consol 50-yr 4a_1953 J J 1st ftt ref 5 Ha series A 1963 M S Choc Okl ftt Gulf consol 5s 1952 M N Cln Ham ftt Day 2d g 4Ha. J 1937 J 74 37% Sale 55 102% 101% 112% 64% 90 * 22 61 65 J Jan. Feb. 1 Jan. 31 * 68% 63% D 85 74 70 63% Feb. 3 84% Mar. 18 89% Jan. fj26 58 May 31 * 57 1944 J May 31 May 3 May 1 May 4 May 15 60 * D 1963 J 24 33 84 44 16 % Sale 11% Sale 24 23 % May 3 41% May 17 15% May 12 9 May 1 8% May 6 16 May 10 46% May 48% May Sale 54 J .......1934 A Sale D D 5 1 36 50% Sale * 51 Apr. 54% Apr. Apr. 54% Jan. 84% Mar. Jan. 58 * D con 67 57% Sale * D 1949 MN 1988 ... Deferred delivery* 58 32 - 44 1st 5s series B a Sale 13% Sale 61% 44 % 38 Guaranteed gold 5a lat 6 Ha aeries C Cln Leb ftt N lat Sale Sale Sale &* 50 58 94 m~s June 15 1951 Registered 27% 34% ..... June 15 1951 Cln Ind St L ftt C 1st 4s Sale J N 8* May 75% May 86% a81 95% Sale a90% Sale 84% Sale 76 Sale J —.1951 Chic T H fit S'east 1st ftt ref 5a D 1960 Income guar 5s Dec 1 1960 M S Chic Un Station lat gu 4 Ha A—1963 J J 82% $ Memphis Div 4s Cash sale, 87 100 87 90 90% Sale 34 % Sale 38 42% S 53 1 97% Feb. 1 75 May 27 ..... 90 86 77 .....June 15 1951 Registered r 80 92 MN Sec. gold 4%a series A_. Convertible gold 4Ha--——Chic S L ftt N O— Gold 3%a 4,000 186,000 394,000 217,000 79,000 78,000 288,000 216,000 262,000 2,000 80 82 N 93 May May May May May May May May May May 93% 92% 90% 89% 89% 101% May 101 May 96 May 68 May 75 May 87% May May May Sale Sale 82 88% 100% Sale" 88 ...1933 MN May 3037 Gold 5s Sale Sale 8 §8% 89 al01% May 3 106 101% May 10 101% 92 May 1 100% 81 90% 90% May 4 92 84 Sale "92% Sale" 84 92% May 1 83% Sale 83 % May 90% Sale 92 1 100 90 90 Sale May 31 90 92 J May 3037 J .... 101% 103 106 101% 80 ..1987 MN Stpd non-payt Fed lnc tax..1987 MN Stpd gen 4Ha non-pay inc tax. 1987 MN Gen 5s stpd non pay Inc tax.. 1987 MN Conv 4%a series A Chic R I ftt Pacific gen g 4a... 69% 47 -—1987 MN Q F 1st ftt ref 4 Ha stamped .May.. 3037 1st ftt ref 4 % a ser C 80 68 55% Sale 100 J Stamped (10% part redemp).... 15-year secured 6Ha.-Mar 1 1936 Sale 69% 41% Sale General 4a Registered Refunding gold 4s. 70 Sale 1977 F A 1971 FA 1934 A O Sinking fund deb 5a Registered 62 80 41 J 85 78% May 85% May 85 May «84% May 90% May a89% May a89% May 87% May a85% May 85% May 98 May 98% May 93% May 57 May 65 May 85% May 72 May 63 May 83 a69% Sale 85 84 8 1949 J 1958 M May 18 13 20 13 30 18 48 May 12 May 31 May 29 60 70% Sale 88 100 1949 ... - 93% Sale 77% O A 1949 Registered 2,832",555 88% 89 80 ... 1st ftt ref g 5s 70 J 1st ftt gen 6a series B 285,000 ..May 1966 J 23,000 Chic Indiana ftt Sou 50-yr 4a 1956 1,000 Chic L S ftt East lat 4%a 1969 337,000 Chic Mil ftc St P gen g 4a aer A--.1989 Gen g 3series B 50,000 May 1989 Gen 4%s series C 161,000 May 1989 Gen gold 434s series E..Mar 1 1989 410,000 Gen 4% aeries F 92,000 1989 4,611,000 Chic Mil St P ftc Pac mtge 5a ser A.1975 Conv adj 5s 8,017,000 Jan 1 2000 165,000 425,000 97 J Chic ftt E 111 Ry (new co) gen 5a..1951 M 41,000 Chic ftc Erie lat gold 5s ....1983 M 1,041,000 Chic Gt Western lat 54-yr 4s 1959 M 20,000 Chic Indianap ftt Louisa ref g 6a.1947 J Refunding gold 5s 1,000 1947 J Refunding 4a series C 2,000 1947 J 1st ftt general 5a series A.. 299,000 1966 M 1,222,000 844,000 7,738,000 185,000 94 1989 J M 478,000 * 83% Sale 83 84 % 1989 J May 19 71 100 104 % 8 J Illinois Division 4s 82 Sale 1993 M 1940 i General 4a 299,000 lat 8c ref 4 %• series B 127,000 lat 5c ref 5a series A 146,000 7,000 Chic ftt E 111 1st cons g 6a 79% Sale 78% 1939 M N 1939 M N ..1946 J Registered * 20 84 1949 83 1 22 Sale Warm Springs Valley lat g 5a .1941 * ..... 66 Chic ftt Alt RR ref g 3a 395,000 17% 18 24 Potta Creek Br 1st 4s... R 8c A D1t 1st con g 4a. 53,000 65,000 25 12% Sale 43 98,000 Chic Burl 5c O IU Dl? 3 Ha 209,000 12 60 ....... 275",555 24 10 16 Sale 85 1987 Chic & No West gen 3Ha- 20 18 532,000 Ches ftt Ohio lat cons g 5a.. 5,000 Registered General gold 4%a 366,000 Registered 13,000 Ref 8c Imp 434s aer A 158,000 Ref 5c impt 434s series B 416,000 Craig Valley 1st g 5a 3,000 ...May 333",555 19% Sale 9% Sale 59 33 Charles 5c Savannah 1st g 7a con 40% 30 Guar 5a "i"555 9 ................. 3d 65 Sale 48 17% 12 Sale 70 83 % Sale 60 44 61 Through St L lat gu g 4a 46"555 Sale 89 35 Registered "5",oo5 - 35% Cent Pac 1st ref gu g 4a 604,000 72 88 58 45 83 5a..1937 MN 1946 63 27 31 31 29 15 1961 tr g General 4a 535,000 15 % 5 ...1959 A Chat D1t pur money g 4a.....1951 Macon & Nor D1t lat g 5a .1946 Middle Ga ft Atl D1t pur m 5s..1947 Mobile D1t lat g 5a 11,000 27,000 Cent N E 1st guar 4a 58,000 Cen RR ft Bkg of Ga col 150,000 Central of N J gen g 5a 6,000 Registered 792",005 88% 68% 1945 MN O ... 5%s series B__ Ref 5c gen 5s aeries C May May May May May 12% 18,000 Caro Clinch & Ohio lat 5a -.1938 lat 8c con g 6a aerlea A.Dec 15 1953 72,000 Carthage 8c Adlr lat gu g 4s 1981 —1948 Not. 1945 F 75 74 70 1 2 2 5 92 85 D 1 87% Jan. A S 26 80 7riH 116,000 48,000 134,000 4,000 Sate Prices. 65 tin Cent Br Un Pac lat g 4a 16,000 Cent of Ga Ry 1st g 5a. Sale Prices. 82% - g 4s Highest. Sale Prices. ~71~~ Sale" "83" 62,000 Canada Sou con gu 8c col tr 5a_ .1962 A O 76 83 68% 79% 84 88 127,000 Canadian Nat guar 4%a_Sept 15 1954 M S a85% Sale Sale 88% Sale Guar gold 4%a 379,000 J 89 86% Sale Sale —.1957 J 86% Sale 232,000 Guar gold 4%a 86 86 % 1968 J 85% Sale 88% Sale 333,000 Guaranteed gold 5s 92 % Sale 90% Sale July 1969 J 92% Sale 399,000 Guaranteed g 5s 91 Oct 1969 A Sale 92% Sale 92% Sale 117,000 Guaranteed g 5s... 1970 F 93 91% 90% Sale 92% Sale 195,000 Guar gold 4%a_.. 89% Sale 87% Sale June 15 1955. J 90 Sale 255,000 Guar g 4%s 87 Sale 1956 F 86% Sale 89% Sale Guar g 4%s 298,000 86% Sale 1951 M S 86% Sale a87^ 601,000 Canadian No deb a f 7a 98 1940 J D 102% Sale Sale 101% Sale 209,000 J 35-year deb a f guar 4H( 103% Sale a98% Sale 101% Sale 1946 J 116,000 97 % 19-year gold 4H*. 95 Feb. 15 1935 F A 92% 97% 96% 97% 1,384,000 Canadian Pac 4% deb stock J J 66 % Sale Sale 67 Sale 393,000 Collateral truat gold 4%8-_; 73 Sale 1946 M S 75 Sale Zl* Sale 5s equip trust ctfs 141,000 J 84 —..1944 J 85% Sale 87% Sale 250,000 Collateral truat g 5a 72 82% Sale Sale 1954 J D Sale Collateral trust 4%a J 71 260,000 75 65 Sale 1960 J Sale cons Lowest. Sale Prices. Ask M n J 1938 J 1937 M S Conaol 4 Ha 1957 M N Burl Ced Rap 8c Nor 8c Col ta lat 5a '34 A O CaroCent 1st Highest. 56 81% 62 % Sale Brunaw 8c Western lat gu g4a Buff Roch 8c Pitta gen 5a 23",000 RANGE SINCE JAN. 1. Lowest May 31. 45 Beech Creek Exten lat g 3%« Belvldere Del con a gtd A 1H* 632,000 159,000 May I. 1933. Bid. Battle Creek ftt Sturgla gu 3a T, ooo Beech Creek lat gu 4a__. Second guar Hold 5a PRICES IN MAY. Jan. 3 $ t.666 EXCHANGE-BONDS "88"" 95 46 22 50 54 39 Mar. May 29 May 27 101% Feb. 14 14% Apr. 91 Apr. 95 39 Mar. 106 92% Mar. 88* 50 114 76 Feb. 90 May Apr. 85 95 Jan. 50 Jan. 82 Feb. 102% Jan. 103% Mar. 59% Jan. Feb. 6 9 10 May* 1 May 13 May 3 88% Feb. 18 8 95% Feb. 6 83 Jan. 10 22 EXCHANGE-BONDS N. Y. STOCK v Sales in Jan. 3 Ask. Bid. J 953* 13.000 Cin Union Term 1st 4)4* •«* A—202© J lit mtge 5s series B .—2020 MN G35.000 1st mtge g 5s series C ——1957 J 2,000 Clsarflsld & Mahon 1st gtd g 5s_.1943 102 73.0001 D 70 72 D 88 General 5s series B ..... Ref Ac Imp 6s series G Ref Ac Imp 5s series D_— Ref Ac tmpt 4)4s aeries E Cairo DIt 1st gold 4s Cln W Ac M DIt 1st g 4s St Louis DIt 1st coll trust g Spring Ac Col DIt 1st g 4s ... 1941 ...1963 1977 1939 1991 4s.1990 J 2,000 129,000 530,000 5,000 38,000 14,000 47 J 45 1940 1940 MN 1934 2,000 CleT Col G Ac Ind gen con 6s 8,000 CleT Lor Ac Wheel con 1st g 5s—1933 J A O 1938 1 J 72 M N 1942 1942 -1948 1956 ...1977 1941 Series D 3 4s General 44s series A 6,000 CleT Short Line 1st gu 44> O 1948 1955 8,000 ColAtTol 1st ext 4s_. Conn At Passum RIts ist g 4a 1943 Ti'ooo Consolidated Ry non-conT deb 4s 1954 Non-cony debenture 4s... JAtJ 1955 5,000 Non-conT deb 4s_. AAcO 1955 Non-conT debenture 4s 1956 Deny At R F A 82 A 79 O 67 ..... 683* Sale 623* Sale Sale 75 50 7734 87 31 40 D 27 30 MN Sale 79 A 9434 O Jan. 10 16 28 26 19 21 27 12 75 May May May May May May May May 31 31 27 26 25 29 24 24 38 May 3 49 40 Jan. 10 47 May 13 May 19 10 Apr. 3 Feb. 24 30 May 31 29 Mar. 3 Apr. 16 29 Jan. Jan. 25 Jan. 16 84h Jan. 30 Jan. 12 9334 Jan. 17 60 58 87 72 55 91)4 May 24 87)4 May 26 85 May 25 6434 May 29 9134 May 24 9034 May 24 7934 Sale 94 94 96 9134 Sale 49 5 47 May 1 2334 May 10 16 May 3 1634 May 23 7334 May 1 91 May 9 84 May 1 M Sale Sale" 343* 36 D J 30 «!*■ S J 30 473* Sale 4934 Sale Sale 143* Sale 2034 Sale 34 34 May 36 May Sale Sale 14)4 May 2034 May 20 30 D 30 A 80" 85 101 O J 2 Sale 30 —. 75 10i: 99 J Sale 12 15 J Sale 100 2234 30 73 1734 84 87 83 85 Sale 8634 92 J 4s—1996 31 18 18 31 29 12 29 1996 "70" 66 4534 4234 J .1951 1953 99 31 A 1953 A 101 Sale 3034 F ConT g 4s Ser A .... do Ser B Sale 2734 Sale 1 55 1 1 1 1 May 15 May 25 3 55 May 27 May 25 1927 —.1967 M N .....1975 A O Erie Ac Jersey 1st s f 6s.......1955 J Genesee RIt RR 1st s f 6s 1957 J J J D 27 84 Sale 65 "87" 16 43 30 M S "74"" Sale' Sale Sale 58)4 Sale 100 55 ..... 9834 99 54)4 Sale 55 Sale 493* 493* 46 46 97 5 4934 May 27 52)* May 29 22?i May 29 32 May 27 1 45 May 15 Apr. 21 3)* Apr. 15 May 25 55 Apr. 25 78^ Apr. 16 61 Feb. 21 10 15 1 29 24 May 24 8934 May 13 72 Jan. 19 85 May 29 8834 Jan. 31 6734 Apr. 20 84 May 29 May 27 40)4 Feb. 60 May 27 41 Jan. 41 Jan. 99 Jan. 9934 May 10 54 h May 31 55 May 31 4034 Feb. 14 4734 May 31 4734 May 31 85 a7234 May 3 84 May 9 60 52 MN 4 4 1534 3 J J J 4 60 May 10 4934 May 2 48)4 May 1 9934 May 10 54?* May 31 55 May 31 1 4734 May 31 4734 May 31 90 May 15 90?* May 25 99 90 80 373* 18 Sale Sale 5 534 Sale 46)* Sale Sale 46 92 92 8334 8334 20 3 2 May May May May May May May 5)4 May 934 May 11 334 May 5 40 Sale 14 133* 10)4 10 4 § 2 3534 May 35 May 85 May 85 May 373* 53 3?* 334 s 88% Jan. 31 5 29 29 29 11 11 D 9034 A O 60 O J J 4 1034 J 13 193* 3334 95 + 50 100 Sale 84 90 72 91 68 75 60 S 534 90 71 *' * May 31 May 17 90 78 15 20 —1940 118,000 Gulf Mob Ac Nor 1st 534* *er B...1950 lsc mtge gold 5s series C 121,000 195* Gulf At Ship Island ref 5s—Feb 1952 Greenbrier Ry 1st gu g 4s... 10 193* 23 2734 45 26 80 90 1023* Sale 9934 Sale 100 Sale 94 58 Sale 76 583* Sale 7134 7334 70 Sale 49)* Sale MN A O A O J Sale 72 4434 "46" 45 Sale 4334 45 4634 Sale J J Housatonlc RR con g MN 47 46 47)4 Sale 20 334 8034 2334 2134 Sale Sale 1999 5s..———1937 G 1st g 5s lnt gu ....1937 35 27 3234 32 893* 94 70 87 8534 100 8534 70)* 8534 J J A 84 Sale 75 78 1957 A O 523* Sale 46 1951 1st gold 334* ---1951 Extended 1st g 334*----.--—1951 1st gold 3s sterling.......——1951 Collateral trust gold 4s...—..1952 Refunding 4s 1955 J J 78 Purchased lines 1st 334* J Adjust Income 5s........Feb 6,000 Illinois Central 1st g 4s J A O M A O 1952 1953 MN J 73)4 91 45 59 56 5134 5434 53)4 57 74 Coll tr g 4s MN 41 44 73,000 192,000 Refunding 5s ..............1955 MN 15-year secured 6)4*..— 1936 J J 53 Sale 49-year 4Us Cairo Bridge gold 1966 F A 4a._........195* J D a Deferred delivery. 763 763 56 169,666 ........... 15 Jan. 16 34)4 Apr. 28 3 Jan. 11 2 Feb. 21 3 3* Apr. 23* Apr. May 15 90 h May 25 16 15 18 53 14)4 1334 9)4 5 27 29 29 29 11 May 11 Apr. May May May May 9 May 31 May 29 15 May 27 24 May May 19 r45 May 29 May 19 May 16 18 r45 88 92 Mar. 78 Apr. May 29 15 May 27 24 18 May 2334 Apr. 12 r45 May 29 May 19 543* Apr. 19 * * 534 Mar. 27 85 101- 98)4 May 93?* May 98) Jan. 9634 Feb. 104h Jan. May 31 May 25 96?* Mar. 93 h May May May May May May May May May 453* Apr. 66?* Apr. 66 Apr. 6 39 Feb. 24 40)4 Apr. 20 37 Feb. 27 34 Apr. 7 30 May 25 33* Apr. 25 101 ?4 Jan. 10 9 11 Sale 7634 7834 7534 78 70 Sale 68?* Sale Sale Sale 64 64 24 8 5 58?* May 71)4 May 12 70 May ' 49 May 80 76 75) 71) 47 May 45)4 May 70 45 34 May 30 May 64 64 25 30 27 23 25 31 31 31 29 25 8 80 80 May 27 Jan. 11 75) 71) May May May May May May 25 31 31 31 29 25 Jan. 10 70 64 64 30 4934 Sale 8 8834 32 22)4 Apr. 23 Apr. 88 May 11 97 84 Apr. 25 99 79 Jan. 36 47 Sale 60 94 9634 May 24 71 97 85 Sale Sale 85 79 49)* May 27 47 May 31 493* May 27 47 May 31 Sale — 12 May May 4834 97 81 80 Sale 53 Sale 78 May 45)4 May 84 54 May 12 May 6 16 80 8534 Mar. 24 78 Apr. 27 72 Apr. 4 3934 Mar. 3 89 82 50 Apr. 11 Apr. 5 74 Apr. 5234 Apr. 6034 Apr. 7 5 7 61 Feb. 24 Jan. 21 Feb. 1 Mar. 16 Jan. 13 45 82 72 May 29 72 May 29 7834 Jan. 28 78)4 Jan. 10 72 May 29 73 76 Sale 60 74 Sale 57 May 10 May ~ May 29 May 27 45 50 Sale 88)4 Jan. 13 Jan. 11 55 Apr. 20 79?4 Jan. 31 72 May 29 65 60 86 8134 Sale a81 May 31 8134 May 31 86 91 8 - ... 86 J J 78 35 82 Hudson & Manhat 1st & ref 5s 84 8734 100?* Sale 9834 Sale — 1937 J A.1957 F Hous Belt A Ter 1st 5s 90 — J Hock Val 1st con g 434* Feb. Apr. Apr. Apr. Feb. 473* Feb — 81 75 * * 65 D J .......1936 J J 1st At refund 434* Ser A 1961 J Stamped (without July 1*33 coup) I J Gen mtge 534* Ser B 1952 Gen mtge 5s Ser C— ... 1973 J J J J Gen 4>is Series D...... .—1976 Gen 434* series E ...1977 1 J Feb Green Bay Ac West deb ctfs A... 20) .... 85 J O 20 i 11 -- A f 7s 30)4 Jan. 30% Jan. 40 54 3534 Sale 3534 Sale 40 4 Gt Nor—Gen 7s Series A 67?* Apr. 22 91 May 9 79 Apr. 6 11 65 May 24 8934 May 13 May 4 May 14 a73 84 83 82 23* 234 MN 1st gu g 434* Cash sale, 9034 Feb. 75 Apr. 26 86 May 27 75 May 5 86 101)4 May 11 101?* May 24 10134 May 11 103)* Mar. 99 May 1 102)4 Feb. 99 8 May 1 101)4 May 12 Mar. 15 25 May May 29 14 May 4 25 84 Feb. 17 85. May 24 May 84 May 23 85 92 82)* 82)* 32 1953 A 4s Series D Ref Ac Impt gold 5s ser Ref Ac Imp 5s ser 1930 r 11 91)4 49)4 May 27 02634 Feb. 24 27 Feb. 27 52)* May 29 83* Apr. 7 22?* May 29 11 Feb. 28 32 May 27 J Debenture ctfs B 1,958,000 1,000 15 6434 J 1941 J 1940 A M 570,000 15-yer deb g s f 6s guar.......1936 Grays Point Term 1st gu g 5s 1947 J 57",000 15 85 25 15 85 101)* 823* 1941 el* 30 9134 98 90 A May May May 18 May 7934 May 9534 May 9134 May 28 21 87)4 20 103 J J 10 1 35 25 M N J May 13 May 19 71 92 92 923 33J A F Sale 18 Sale 84 2134 3 - 482,000 Grand Trunk of Can 172,000 3 17 24 80 20 2834 17 10 1734 7334 Sale 96 Sale 88 MN J "1,666 Feb. 80 Ga Caro Ac Nor 1st 5s 1929 " Jan. 86 1 Sale Sale 193* Sale 73 Do Houst Ac Tex 98 Feb. 25 19 49 30 26 32 Extended at 6% to 1934—, 12,000 3,000 Georgia Midland 1st 3s 1946 A O Gout At Oswegatchie 1st 5s...—1942 J D 251,000 501,000 Jan. May 44 1134 27 2734 J Fla Cent Ac Pen consol gold 5s —1943 56,000 Fla East Coast 1st 434s 1959 1st At ref 5s ser A 1974 548,000 Certificates of deposit 180,000 1952 1,000 Fonda John Ac Gl gen ref 434s 17,000 (Amended) 1st cons 434*.—1982 Fort St U D Co 1st g 434* 1941 "2",666 Et Worth Ac Denrer City 534* —1961 1933 44,000 Frem Elk At Mo V 1st 6s * GalT Hous Ac Hend 1st 5s 1933 Oct. 1945 21,000 Ga Ac Ala 1st cons 5s 39,000 86 6034 Apr. 54 Apr. 49 M Mar 8734 May 6734 Apr. 47 Apr. 8534 Jan. 90 May 49 49 50 22 23 D Registered 904,000 2,000 96)* May 20 70 46 20 20 20 86 Penn coll trust g 4s.....—... 41,000 44,000 450,000 365,000 503,000 7 99 Jan. 3 Mar. 18 May 31 May 31 May 27 May May Sale 81 1st consol gen lien 4s 2,964,000 Feb. Feb. 963* May 20 May 27 38 "663* O 141",066 ex 3 1 80 75 71 473* Sale 1534 1st g 5s 1956 MN 507",660 Gr R At I Apr. 27 78 38 31 D 1940 Registered 24,000 36,000 60 May May May May 26 May May 2 May 12 2734 2734 863* 3,927,000 Apr. 27 19 May 90 32 31 50 2,205",666 Jan. 66 893* 82 81 conT May 20 70 8334 Sale 64)4 Sale 9134 9334 Sale 56 32 M N Gen 5 May 663* 1965 A O 3 Vis sec B.1940 J 132,000 6 72 75 84 Sale Sale 5834 73 8734 893* 7234 Sale 40 Erie Ac Plttsb gen gu g 197,000 95 90 80 75 583* Sale 84 At prior lien Feb. 5 12 9634 May 16 101 h Feb. 95 Jan. 11 95)1 Feb. 99 4s....1935 Series G 3Vis.. 20 3 May 31 May 26 May 31 .... 80 Sale Sale 31 El Paso Ac S W 1st At ref 5s con • Sale 66 60 85 82 O A Second gold 4s 1995 28,000 Detroit Riyer Tunnel 1st gu 434s. 1961 1941 5,000 Dul Mlssabe Ac Nor gen 5s... 46,000 Dul At Iron Range 1st 5s.. ——1937 46,000 Dul So Shore At Atlantic g 5s....1937 15,000 Bast Ry M No DIt 1st g 4s... 1948 329,000 Erie RR 1st 863* 70 76 66 Sale 75,000 42,000 Elgin Jol Ac East 1st g 5s Feb. Mar. .... A 18 cons 25 11 May 23 May 31 .... F 45 Sale 1947 4s.....1995 47 26 37 31 068 19 623* Jan. 20 66 Apr. 15 Jan. Jan. 96 94 90 13 Certificates of deposit 7,000 5,000 Des Platnea Val 1st guar 4H( East Tenn Va At Ga 96)* May 20 99 87 36 Detroit At Mack 1st lien g 963* May 20 80 May May May May May 49 86 82 —1926 Des Moines Ac Ft D 1st gu g 90 98 87 96 Gr West gen Ref At Imp mtge 5s ser 10034 9834 5s Aug 1955 B 1978 Con sol gold4Hs 178,000 1,508,000 817,000 94 65 65 88 72 Sale J 1942 1952 serlesA...—1936 47,000 1st lien At ref 6a series B ...1936 39,000 1943 626,000 Del & Hud 1st Ac ref 4s 5s 1935 9,000 Gold 5^8— 1937 113,000 Del RIt RR Ac Bdge 1st gu g 48—1936 1936 1,297,666 Den At Rio Gr 1st cons g 4s... 9634 May 16 Sale 50 MN 484,000 Cuba Northern Rys 1st 5H« 228,000 Cuba RR 1st 50-yr g 5s 1st Ac refund 7Ht 96)4 May 16 95 May 5 88 95 96 90 86 J 72 60 96 A 101,000 CleT Union Term'ls 1st sf 54s A.1972 1st a 1 g 5s series B guar 1973 273,000 1st s f guar 44s ser C 1977 A O 159,000 1945 J D 5,000 Coal R1t Ry 1st gu 4s M N 167,000 Colo At Southern Ref Ac ext 44»- -1935 General mtge 44s series A 1980 M N 252,000 1,000 Col Ac Hock Valley 1st ext g 4s 9734 101 9534 9634 55 90 9634 Sale 6334 76 97 CleT Ac Marietta 1st gu 4)*s 1935 A O 1,000 CleT At Pitts gen gu 4>4« ser B..1942 Mar. 96 85 70)* May 31 503* Sale n Apr. 17 10034 3 105)* Mar. 3 10334 72 May 31 Apr. 15 7634 Apr. 6 8834 Apr. 22 703* Apr. 4 65 Apr. 18 65 May 4 88 93 96 72 100) 903 Series C gu 3Hs 20 25 23 31 69 J Series B gu 3)*a Series A gu 4>is May May May May 68 54'" 85 96 9 70)* May 31 54 May " 50)* May 85 - May 6334 May a68 May 70 75V* May 9734 May 1 103 > May 2 103 72 May 31 72 90 84 ~75~" M S Sale Prices. 75 8334 66 J CleT At Mahon Valley g 5s 67 "8634 J J Highest. Sale Prices. 100 Sale 57 J W W Val DIt 1st g 4s Sale 75 53 J Lowest. Sale Prices. 93 95 98 75 99 Highest. Sale Prices. Ask. 92 100 ?4 1993 1993 C C C Ac St L gen g 4s Bid. 9934 10234 Lowest. May 3i. May 1. 1933. X. STOCK EXCHANGE. Value. RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS May. 66)4 34)4 63)4 69)4 633* Sale 65 49 Sale 59)4 Sale 68)4 71 Sale 40 67 53 Sale 76?* 80 Sale 593* Sale 89 34 65 49 May 59)4 May 74)4 May 39)4 May 65 May 25 70 61 May 27 76?* May 29 90 60 65 May 31 May 29 M^y 25 40 30 5034 Mar. 3 70 May 29 May 27 May 27 h May 29 May 31 60 May 29 65 Jan. 12 76 90 N. Y. STOCK June, 1933.] Sales in N. \ Price BONDS May. Value. 23 EXCHANGE-BONDS RANGE SINCE JAN. 1. PRICES IN MAY. Jan. 3 T. STOCK EXCHANGE. 1933. >>*&. Bid. May 1. Ask Bid. Ask Bid. Highest. Lowest. Sale Prices. Sale Prices. Lowest. May 31. Sale Prices. Ask Highest. Sale Prices. Illlnola Central (Concludes) Litchfield Diy 1st 1951 J 3.__ 5054 1953 J ......1951 F St Lou DIt Ac Term g 3s 1951 J Gold 8%t 1951 J Spring! DIt 1st g 8%t 1951 J 58 Omaht Dlr 1st g 3s 55 17,000 11,000 1,015,000 304,000 A J 1963 J 4Hs series C D O 1950 J J 35,000 Indianapolis Ac LouIst 1st gu 4s.1956 J 1965 J 8,000 ind Union gen 8c ret 5s A Gen Ac re! guar 5s ser B 1965 J 11,000 J J 1952 582,000 Internet Ac Gt Nor 1st 6s Ad J mtge 6s series A.-July 1 1953 1,213,000 1st mtge gold 5s series B 1956 215,000 1st gold 5s series C 1956 106,000 40,000 Int Rys of Cent Amer 1st 5s B—1972 1st coll trust 6s gold notes 1941 41,000 First lien Ac ref 6HS 1947 28,000 Iowa Gent 1st gold 5s 41 37 H 83 Sale 51 Sale Sale 4734 Sale 73 Sale Sale 27 92 60 3 May 27 May 31 3854 Feb. 27 66 37 62 May 27 May 31 May May May May May May May May May May 27 Jan. 85 85 May 23 62 27 May 5 May 23 May 22 2454 May " 854 May 22 May 22 May 34 85 92 85 90 31 35 92 Sale Sale 12 Sale 88 22 Sale 3354 Sale 22 Sale 33 3554 3834 38 45 29 35 MN 39 4054 M N 4454 50 F 2954 36 . 3 54 13 683 ..... 154 154 52 Jan. Sale 39 1354 3454 34 3754 May 46 38 4754 4454 29 31 11 12 18 12 11 10 29 31 Jan. 30 14 Y 16 Mar. 22 16 Feb. 3334 Apr. 19 3854 Apr. 18 2654 Apr. 11 34 29 24 90 11 12 May 9254 Jan. May 39 May 1354 May 3454 May 34 May 46 May 4754 May 4454 May 18 12 11 10 4034 Sale 4734 50 4454 Sale May 2954 May 454 10% 154 Sale 6254 6554 60 r6 May 26 254 May 2 6554 May 27 70 May 4754 May 4734 May 5454 May 54 May 8454 May 77 May 11 60 May 18 3154 5654 May 25 37 5354 May 25 6754 May 31 a48 47 73 May 29 83 9254 May 27 80 7454 May 16 61 80 75 60 2 60 May 2 57 Jan. 26 60 May 6734 77 60 May 1 55 May 29 76 May 3 7254 May 12 70 May 27 May 29 May 18 May 9 58 Apt. 19 May 29 70 713* Apr. 6 7254 May 12 82 77 May 27 May 29 Feb. 1 Jan. 27 46 46 Apr. 26 29 31 6554 75 70 Sale 40 92 48 Sale 56 Sale 4754 5554 Sale 53 Sale Sale o67 Sale Sale a7054 Sale Sale 9134 Sale 7854 a7934 Sale 47 Sale 55 J J Sale 80 8554 __1987 8834 76 1W1 J 59 57% 1961. J J 40 J 40 J 55% 80 1940 2003 J 65 4554 62 60 79 Sale 1965 A M N A O 32 O 56 3354 Sale 3654 4354 .... 8454 70 9954 D 3,000 Long Island gen g 4s... 1938 1,000 Unified gold 4s 1949 M 8 83,000 Deb gold 5s 1934 J D 43,000 3S-year deb 5a 1937 MN 230,000 Guar ref gold 4s 1949 M 8 J J 797,000 Louisiana Ac Ark 1st 5s series A—1969 6,000 l<»u Ac Jeff Bridge gu g 4s 1945 M 8 MN J Registered 6054 6654 37 Sale 34 Sale 55 5834 Sale 74 5054 Sale" 44 55 59J4 91 94 86 91 8454 7634 85 82 8954 100 93 97 96 9234 84 9354 --- 92 9354 83 9854 91 92 8854 9954 8454 Sale 7954 32 Sale 37 Sale 68 74 57 70 9754 Sale 83 Sale 89 4854 71 100 9654 9054 6534 Sale 82% Sale 79 Sale 8854 Sale 8654 Sale 7854 Sale 60 88 100 55 70 IF:::-- 45 45 4854 20 53 MN 1959 MN 1st ext 4s J Mex Internat 1st 4s asstd 7034 76 53 May 26 254 May 2 r6 66 ; Apr. 7 Mar. 30 7 May 18 5654 May 25 5354 May 25 6754 May 31 73 May 29 9454 Feb. 9 82 Feb. 2 Apr. Mar. 15 Mar. 15 Jan. 3 Mar. 3 Apr. 27 76 75 55 Apr. 26 55 2 7154 May 31 4854 May 27 34 May 1 51 May 27 56 May 24 94 Apr. 12 8954 May 22 5954 Mar. 25 Apr. 9254 May 19 9254 May 19 9054 Apr. 3 101 96 96 9554 Jan. 4 May 89 May 100 May 9354 May 8954 May 4954 May 71 May 28 Jan. 3254 Mar. 33 Apr. 90 Jan. 79 Mar. 82 26 23 22 27 31 88 Mar. 31 70 Jan. 6 5 53 Feb. 82 May 12 85 Feb. 2 17 495* May 5 04954 Apr. 18 72 5 72 9954 101 95 55 4954 4954 May 52 45 51 72 70 Sale 45 20 Mar. 31 Apr. 21 89 50 Feb. Jan. 62 45 9 56 87 8054 4954 May 43 7854 Sale 9654 101 ..... Mar. 22 May 19 85 May 6654 May 29 80 May 12 9554 May 23 77" 100 52 75 20 70 53 9954 — Sale 50 2 76 8854 May 31 8654 May 31 79 May 12 May 74 5354 Sale 11 Mar. May 10 May 31 8054 May 75 May 7254 May 87 5754 "40" Apr. 97 90 Feb. 11 9854 Feb. 10 9154 Feb. 2 101 Feb. 4 100 Jan. 25 9154 Feb. 4 4954 May 27 7554 Feb. 11 9654 Apr. 17 rl03 8 8134 Apr. 8 77 Apr. 3 8854 6554 Jan. 6 6354 Jan. 8654 4 79 5954 Jan. 10154 May 27 9454 May 26 9854 May 74 §754 85 J 1934 21 28 7154 May 31 4854 May 27 34 May 51 May 27 56 May 24 9154 May 8954 May 22 4654 May 8 82 May 12 5754 May 1 76 May 31 9554 May 23 D 1941 J 7,000 Manito S W Colonls g 5s Man G B At NW 1st gu l%t Jan. Jan. May 6654 May 37 May 34 May 3754 May 44 May 90 May 80 May May 89 May 9754 May 90 Sale May 8954 a79 May 37 Sale May Sale 70 May 9754 9854 10054—93 Sale 8854 Sale ...1941 4,000 Manila RR South Lines 1st 4e...l939 55 81 8454 Sale 6154 9,000 St Louis DIt 2d gold 3s.. 1980 3,000 Mob At Montg 1st g 4 %t 1945 M S 99,000 South Ry joint Monon 4s 1952 J J 7,000 Atl Knox At CIn dlT g 4s 1955 M N 2,000 Mahon Goal RR 1st 5s..........1934 J J May 76 65 7954 7154 Sale 4654 Sale Paducah Ac Mem DIt 4s.......1946 5s 1 — Sale 3754 4054 9854 100 68 2003 2003 2003 ... 7854 80 57% 87— ..... Id At ref 5%t sorted A 5* series B 1,1 ref 454* uertee C... 50 7854 94 9554 J 2 60 ... O J 77 84 J 1962 MN 24,000 Lou 1st Ac Nashe gold 5a...._....1937 565,000 Unified gold 4s 1940 45 ■ A M N A ..... 7854 MN 4,000 Long Dock cons gold 6s........1935 Sale Sale 3003 2003 1941 Little Miami gen 4s series A 60 60 73 M N 30,000 Gen cons 4%t 110,000 Gen consol 5s 2,000 Leh V Ter Ry 1st gu g 5s.. 3 000 Lex At East 1st gu 5s 80 40 77% J 1945 M S Lehigh AC N Y 1st gu g 4s... Leh Vail Harbor Term 1st 5s....1954 F May 17 154 May 18 May 5 80 63 75 Sale 9 1997 50,000 Leh V <N Y) 1st gu g 4%n 523,000 Leh Val (Pa) gen con g 4s 2,000 Registered — D 1941 " Registered 74 80 1937 J 2nd gold 5s 3 .... J Lake Shore Ac Mich Sou g 3^s.._1997 254 Sale 60 ^ O 1,000 59.000 14,000 5 May 45 25 May 31 May 31 May 12 4 Jan. 6654 May 29 9 Jan. 80 May 12 9554 May 23 10154 Jan. 23 75 Jan. 70 May 20 47 May 20 Jan. 40 50 70 May 26 6 Feb. 23 79 61 May 13 Feb. 4 48 Jan. 50 May 31 5354 Jan. 1 5154 Jan. 26 7554 Feb. 1 47 Feb. 23 1977 Michigan Central-Detroit Ac Bay City Air Line 4s 1940 J .... J 80 —.1951 M S 3Ha 18,666 l«t gold 3Ha 5,000 Re' Sc Imp 4%t series C 15,000 Midland of N J 1st ext 5s 1,000 Mil Ac Nor 1st ext 4%t (1880) 1952 —1979 1940 1934 Cons ext 4Hs (1884) M J A J —1934 J N J O D 8054 86 71 79 79 84 60 73 47 68 46 88 68 47 65 40 Sale 55 62 40 50 Sale 80 69 D Mllw At State Line 1st guar Temp ctfs of deposit l*t At refund gold 4s_. 1934 MN 8 .... 254 11 5I 8 1949 M Ref Ac ext 5s series A ....1962 Q Certificates of deposit Q M St P At S S M 4s stpd F F 1938 J .... 1st Ac ref 6s series A 42 Cent J 1,000 Mississippi Cent 1st 5s A.1959 J ......1990 D ser ilH 9 5554 Sale 5054 Sale 85 May 6854 May 55 May 50 May 44 May 4854 May 22 a3454 Mar. 2 40 Jan. 20 22 12 27 31 20 85 May 6854 May 55 May 50 May 22 12 27 31 69 4854 Sale 5954 454 554 Sale 8 154 254 54 39 4054 24 16 8 1941 MN J 1949 J Mo Kan Ac Tex 1st g 4s 46 "3454 Sale" 50 May 13 May 11 May 1 May 31 79 Sale 43 Sale 22 Sale 1754 60 20 Sale 3 554 May 9 54 Apr. 5 154 Feb. 10 554 May 3 May 554 May 54 May 4854 May 22 40 Jan. 20 554 May 9 May 9 154 Feb. 10 3 14 May 23 May 2 May 29 May 1 May 12 9 May 22 5054 May 1 4154 May 22 25 May 23 24 Apr, 6 44 16 Feb. 2 25 45 May 19 May 29 May 29 May 31 2854 Apr. 24 954 May 12 a854 Jan. 14 37 Apr. 6 45 Jan. 23 62 May 29 May 29 Jan. 12 6554 May 10 17 May 3 70 May 1 6554 May 10 22 May 5 8454 May 31 65 Apr. 6 15 Apr. 7 6854 Apr. 24 85 Jan. 13 2854 Jan. 8454 Jan. 3 31 3354 2054 3454 954 23 21 60 21 Jan. 12 Term f 4s Missouri-Illinois RR 1st 5s 3354 254 8 154 35 1946 J 1949 M 1978 J 54 54 154 40 3654 1938 J 25-year g 5 He 1st ref 5Hs series B 10 2 2 3654 1938 J 5s 1st cons 5s gtd as to int MStPAtSSMAt Ik 82J4 3Hs..1941 J gold 5s 41 43 1947 M S J 39,000 M,1 8par At N W 1st gu 4s 52,000 263,000 Feb. 4754 May 27 ...1961 J s 71 Sale 37 1960 Plain. 1st Chic Term 6 30 62 8954 Sale Sale 1950 Aprlll950 Lake K AC W 1st gold 6s cons Feb. Jan. 66 2454 854 4854 Sale 1st 63 6754 May 10 66 May Sale 1936 A O 25",000 169,000 11,000 169,000 36,000 22,000 84,000 26 May 26 50 18 Ctfs of dep (Bankers Trust).. Kan City South 1st g 3s *2~, 000 1,000 47,000 Jan. 71 Sale 18 K C Ft S At M ref g 4s cons May 12 65 J Kanawha Ac Mich 1st gu g 4a Minn Ac St L 1st 53 62 74 J 34 Jack L At S gold Feb. 6 Feb. 9 Feb. 10 Feb. 11 May 25 65 J J J 1990 A O Gold 6054 6354 6054 5954 71 60 2 Kentucky Ac Ind Term 4H< Stamped 198,000 155,000 4 May 12 a58 53 86 J A 10 65 93 5* 4 25 Apr. Feb. 1938 — 311,000 Ref AC Imp 5s 293,000 867,000 Kan City Term 1st 4s 13,000 Kentucky Central g 4s 195,000 7054 36 80 23 ... Jan. 60 75 70 ..... J Kal Alleghan Ac G R 1st gu g As..1938 68,000 62 93 80 1951 M S 47,000 23,000 James Franklin Ac Clearf 1st 4f—1959 J D 5,000 210,000 86 ..... — 6154 53 62 75 67 J Certificates of deposit 1st Ac ret 4s 6,000 5754 6154 5054 62 54 J (nd 111 8c la 1st gold 4s — - —. J Western Lines 1st g 4s ...1951 F A (11 Cent 8c Chic St L Ac N O— Joint 1st 8c ret 6s ser A.. 1963 J D Ind Bloomington Ac W 1st 4s..>.1940 A 50% 47% 58 .., LouUt DIt 8c Ter g 8%t 60 82 Sale 78 2834 Sale Sale 75 6554 83 1554 1654 7054 Sale 6654 2254 84 ..... 82 2754 Sale Mlssour-Kansas-Tazas RR— 268,000 62,000 52,000 128,000 1962,- J 40-year 4s series B 1962 J J Pr lien mtge Prior lien 5s series A 1978'J J 52 1967 A O 34 1st At refund 5s series A-.....1965 F General 4s 1975 M 8 4%$ ..... ter D Cum adjust 5s series A Jan 06154 Sale a5154 Sale 59 6754 Sale a58 60 Sale 65 7854 Sale 70 70 Sale Sale Sale 42% Sale 5554 Sale 2154 Sale 1054 Sale 2154 Sale 2854 Sale 32 Sale 1054 Sale 13 Sale 29 Sale M* 32 Sale ■ 59 5154 May 31 55 May 25 1 a5554 May 31 03254 1 79 1 70 6654 May 18 70 a67 54 May o58 May 42 May 2834 1034 2834 2854 May 22 May May May May 31 Apr. 10 79 Apr. 4 70 Apr. 7 70 Apr. 13 o5554 May May May May 31 31 25 31 Missouri Pacific RR Co— 1,484,000 1,780,000 1,824,000 706,000 1,586,000 522,000 1,191,000 33,000 18",000 1st At ref 5s series F__ 1st Ac ref g 5s ser G 1977 M N 1978 MN Conrertible gold 5%t 1st ref gold 5s series H 1st Ac ref 5s ser 1949 M O ...1980 A A I Mo Pac 3d 7s ext at 1981 MN 4%....July 1938 J Mortgage gold 4s...... ..1945 Small.. ~2", 000 ....... Mobile Ac Ohio gen gold 4s.. l'OOO 42,000 48,000 J Mobile At Blrm prior Hen g 5s ...1945 Small . 22 Sale 854 2154 2134 Sale Sale Sale 6854 95 60 2954 Sale 6 Sale 30 Sale 2854 Sale mm 90 90 --- 8 3754 7 Montgomery DIt 1st g 5s 1947 F A Refunding Ac ImproT't 4Ms ...1977 M S Sec 5% notes .1938 M S ... Mohawk At Mai 1st gu g 4s Mont Cent 1st gu g 6s r gold 5s Cash sale, a 1991 M S 1937 J J ..1937 J .... 1st guar J Deferred delivery. 64 58 90 60 50 554 654 55 30 754 754 7454 9354 9254 1854 Feb. 27 7 Apr. 5 35 18 Feb. 27 1854 Jan. 18 a6 May 2954 May 2854 May 5054 May May 34 May 1054 May 34 May 34 May 65 May 27 27 19 27 27 27 3 Mar. 31 1854 Feb. 25 1854 Feb. 27 5054 May 3 3654 May 24 60 May 15 3654 May 24 May 11 60 May 11 May 29 654 May 17 7 May 2 15 3454 May 27 1454 Jan. 11 35 May 27 34 May 27 1354 Jan. 11 34 May 27 34 May 27 7354 Jan. 16 "91"' 55 J J .1938 M S Sale 954 Sale 33 3254 3154 Sale 3454 May 27 1454 May 25 "35" 1734 20 1154 1254 854 1354 Sale 60 6954 90 79" 89 60 60 28 15 May 29 1254 May 29 1354 May 31 60 May 15 60 May 11 Mar. 30 r72 May 11 754 Apr. 12 454 Feb. 27 454 Jan. 16 9 May 29 1254 May 29 1354 May 31 Mar. 30 65 9354 Jan. #2, 90 Jan. 6 92 64 Jan. 15 Mar. 31 935* Jan. Feb. 12 4 N. T. STOCK u Sales in May. Ask. ser Highest. Ask. Bid. Ask. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 69% 74 72 74 71 75% 81 64 78 65 72 65 67 % 68 72 MN 61 71 72% May 3 67% May 3 68 May 10 F A 66% Sale 64 69 75 1937 F A 65 80 83 84 90 85 A O 2000 J D 1955 MN A B Bid. Lowest. May 3x. 1978 Morris & Essex 1st gu 3H« Constr M 4%s ser May 1. 1933. M&4 Bid. Constr M 5s RANGE SINCE JAN.11. Jan. 3 T. STOCK EXCHANGE. $ 130,000 6,000 19,000 PRICES IN MAY. Price BONDS N. Value. EXCHANGE—BONDS ...1955 . 12,000 Nashville Chat & St L 1st 4s 6,000 Nash Fla 3c Shaft 1st gu g 5s 89 66 May May 76% May 26 69 May 4 72% May 25 4* 6 75 85 May 18 May 6 70% Apr. 12 67% May 3 60 Apr. 18 78% Feb. 60 75 85 Apr. May 5 6 9 69 May 4 72% May 25 85 May 18 May 6 National Ry of Mexico— 1957 Prior lien 50-year a f 4%s 5,000 "6~66o Assent 1977 Aisent cash 1% 1% 1% Flut cons told 4s ..-1951 Assenting cash warr rect No 4 on Naugatuck RR 1st g 4s 1954 M N J New England RR cons 5s 1945 58 72 — J 68 89% A 50 New Orleans Term 1st 4s.......1953 J inc Ss .1935 O 1954 A 145", 000 First 5s series B 24,000 111,000 275,000 1st mtge gold 5« series 1st 4H> series D "2", 066 1W c 1956 ......1956 First 5 Ha series A 1954 Npt & Cln B gen gu g 4Ha 1945 N Y Ac Bklyn at M B cons g 5s 1935 non cum 800,000 339,000 1,005,000 1,885,000 N Y Cent RR conv C N C.. 537,000 N Y C 3c H R g mtge 730",066 Debenture gold 4a 26,000 634,000 141,000 Debenture 4s of 1912 59 37 % O 42 % J 76 % 68 68 60 38 67 H ..1997 J ........1934 M N 1942 J Ref 3c Impt. 4Ha series A Lake Shore coll g 3H» ... Mich Cent coll g 3%e 2013 1998 ......1998 1998 1998 1974 1978 1935 1953 1953 Refunding 5H> series A Refunding 4Ha series C 3-year 6% gold notes Connecting 1st gu 4H> A 1st gtd 5s series B N Y 3c Erie 1st ext g 4s.. .....1947 N Y N Y 3c Greenw L guar g 5s N Y 3c Harlem g 3Ha N Y Lack 3c West ref 4Ha IX 62 Sale 62 35 70 1 Mar. 27 1% May 16 1% May 19 1 Apr. 18 1% May 27 1 Apr. 15 1% Feb. 16 68" "Mar ."24 9 Sale 22 21 Sale 90 64% 23% 27% Sale 24% 32% 25 29% 39% May 48 55 63 1 May 11 29 Sale 85% 20% May 22 May 22 May 20% May 1 3 4 1 79 Sale 73% Sale Sale Sale 62 Sale Sale 49 X Sale 66 Sale Sale 73 Sale 70 69 % Sale 75 Sale a72% May 83% Sale 73% Sale 61% Sale 70% Sale a69% May 68H 71 47 66% 75 Sale 67 X — 66 Sale Sale — 68 29% May 31 26 27 30 98% May 23 100 61 May II 80% 63 74 May 47 May 63% 67 49% May 1 Sale Sale May 16 May 26 30 Feb. 8 48 May 16 49 Apr. 20 63 May 26 May 19 May 27 May 27 16% Feb. 24 16% Apr. 6 16% Apr. 5 17 Apr. 3 29% May 31 May 19 27 May 27 30 May 27 26 90 100 63 47 77 70 6 2% Apr. 19 18 61 61 1% May 18 r2% Feb. 85 47 54 19% 20% 1% Mar. 16 2% May 23 83 85 39X Sale 20 X 20 % 1% May 18 May 31 68" "Mar ."24 2% 1% May 13 2 66% 66% 66 66 May May May May May 11 31 29 31 31 76 1 1 72 May 19 46% May 1 67% May 3 May 29 83% 73% 63% 73% May May May May 31 31 31 18 98 46 Mar. 20 100% Jan. 5 Mar. 2 80% May 31 74 May 29 57% Apr. 18 34% Apr. 17 39 Apr. 5 68% Apr. 19 70 Apr. 26 60 Apr. 7 64 Jan. 5 34% Apr. 17 60 Apr. 10 62% May 31 67 May 31 80% 74% 83% 73% 63% 73% Jan. Feb. May May May May 31 8 31 31 31 18 Jan. 68 A O M S 69% 79H Sale 16 14 Sale Sale 68% Sale 75% 22 34 Sale 69% 80 21 A O 12 H Sale F A 91 Sale 80 88 30% Sale 28% Sale 93% Sale F A 88 95 94 1946 M N 2000 M N B....1973 MN §1*::::: 86" llH 84% 39 73 "72" 56 May 12, 69% May 24 68 Sale 18% Sale 14% Sale MN 65 12 Apr. 26 98 May May 18% May 14% May 87 May 98 May 29 ..... 76 51% May 11 Feb. 20 71 Apr. 26 57 Apr. Apr. 36% May 29 Mar. 32 76 May 36% May 32 May 30% May 94 May 98 May 25 a66 14 29 12 27 5% 27 87 23 94 29 86% 51% 59% May 26 79% Jan. 97 Jan. 100 Mar. Feb. 17 10 Apr. 28 59% May 26 Feb. 3 88 89 Jan. May Feb. Mar. 3 May 27 30% May 27 Mar. Apr. 84 84% 85 65 57 1937 A O N Y Chic 3C St Louis 1st g 4s 20 18 19 O 1997 3%«_. .... Registered..... 29,000 4,406,000 1,562,000 1,277,000 137,000 6,000 Sale 50 Sale 20H Sale 92 Sale 100 Sale 54 A 3013 ...2013 Ref 3c Impt 4H* aeries A Registered. J 1998 Ref 3c Impt 5s series 19*1666 O o 1935 deb 6a Consol 4s series A Registered. A 34 % 54 30 1% Sale 83 90 J 2% ... 1945 N O Tex & Mex IX 1 % May IX IX 8$ V* 1986 1952 N J Junction RR gu 1st 4s N O & East ref 4Ha series A IX 2% 2 Nov 4 on rsct warr Cons guar 4s 37,000 41,000 IX IX No 3 on recta wart 5 on Nat RR Mex prior lien g 4%a —1926 22,000 21,000 cash Guar 4a Apr 1914 coupon Assent warr receipt No 85 N Y 3c Long Branch gen 4s ...1941 M S N Y 3c N E Boston Ter 1st 4s.. ..1939 M S 65 76 N Y New Haven 3t Hartford— 2,000 9,000 16,000 46,000 2,000 8,000 596,000 25,000 232,000 77,000 438,000 11,000 349,000 214,000 Non-conv debenture 3Ha Non-conv debenture 3H* Non-conv debenture 4s.... 62 % 8 Non-conv debenture 4s...-..-1947 O ..1947 1954 48 44 o 70 Sale Sale J 1955 1956 MN 45 "65" 60 53 47 50 56 J 50 35 43 55 1948 J J 76 H 80 65% Sale 80 Sale J 78 67 82 Sale D 74 % 38 57 % 86% Registered 1940 A O 1957 M N Collateral trust 6s Debenture 4a 1st 3c ref 4Hs ser 1967 of 1927. Harlem R 3t Pt Ches 1st 4a ) 4s-_June 1992 M S —1955 J D N Y Ont 3c West 1st g General 4s. A N Y Prov 3c Boston gen 4s. O ?iy> 82 Sale 61 89 Sale Sale 44% Sale 53% Sale 57% Sale 82 86 88 90 Sale 60 Sale 57% 70 48% Sale 53% Sale 92 70 87 70 72 66 47 1942 69* 48—1993 A O J J 27% ref g 5s 1937 65 Second gold 4H*----— 1937 F A 26 General gold 5a 1940 F A 13",066 MN 90 50 Terminal 1st gold 5s —.1943 Sale 1946 J J 38 436",606 N Y Westches 3c Bos 1st 4Ha Sale A O 106 Nord Rys extl s f 6Hs__ 1950 333,000 * N Y 8c Putnam 1st con guar 55 78,000 N Y Susq 3c West 1st 39% Sale 12,000 5,000 385,000 Norfolk South 1st 3c rex 'IV* 1961 F 5s A Norfolk 3t South 1st g 5s Norfolk 3c Western Impt 3t ext g Norfolk 3c West Ry 1st con g 4s Registered 277",660 48,000 Dlv 1st 3c gen g 4a 1941 6al934 1996 1996 1944 M F A A J 1941 J Pocahontas C 3c C Joint 4s Registered... 122",000 Ref 4t Impt 4Hs 818,000 73,000 68,000 Ref 3t Impt 6s Series B Series A D Ref 3t Impt 5s Series C 85 Sale 67 44 97% J A 95 D J J 3 62 Jan. 6 57% May 48% May 1 1 62 May 25 55% May 27 43 May 19 May 5 68 May 19 47% May 31 64 Mar. 31 23% Apr. 13 87 69 68 Sale 39 45 May 25 55% May 27 73% Feb. 11 47% May 31 51% Sale 25% May Sale Sale 37% May 31 38% May 3 105 Sale 104 96 Sale 4 14 May 16 May 29 98% May 31 99% May 29 96 May 29 94% May Apr. 99% Apr. * * 2 103 1 Jan. 31 * • 37% May 31 64 Jan. 10 52% May 29 110% May 5 16% Jan. 64 1 52% May 29 May 17 110% May 5 14 May 16 6 Apr. 3 101% Apr. 29 104% Jan. 87 Apr. 20 100% Jan. 94% Jan. 4 94% Jan. 93% Mar. 3 101% Jan. 89% Feb. 28 99% Jan. 30 5 4 6 24 98 18 22% May 15 17 May 4 35 Jan. 11 85% May 31 73 May 1 80 1 5 73% Sale 85% Sale 69 56% May May 74% May 31 85% May 31 80 May 31 78 May 27 74% May 4 48 Apr. 18 55% Jan. 9 50 Apr. 10 60 Apr. 59% Feb. 24 56% Mar. 5 87% Feb. 82% Jan. 60% Sale May 74% May 52 May 55 38% Jan. 19 Sale 76 Sale 82% Sale 52% Sale 54 Sale 60 70 Sale 55 74 80 55 64% 22 76% 38% Sale 87% 55% 46 92"" Sale 85 166"" Sale 80 85 Sale Sale 100 101 100 Sale 78% 42 Sale 17 May 4 73 62 60 May 63% May 55 46 91 1 May 4 May 85 May 94% May 105 May 105 May 85 May 82 May May 26 May 20 10 11 18 26 29 27 62 May 20 55% Jan. 74% May 85% May 80 May 78 May 9 31 31 4 31 27 3 55 May Feb. Mar. 2 89 2 85 May 10 May 11 84% May 2 96% Feb. 85 82 101% 102% J 103 Sale J 84 Sale 85% Sale 77 70 J J 50% Jan. 82% May 27 57% May 31 70% May 31 89 May 18 94 38% O J 83 Feb. 1 57% May 31 70% May 31 90 Jan. 31 1 1 1 4 61 67 J Apr. 21 82% May 4 59 Apr. 18 34% Apr. 21 May May 51% May 82% May * 102 *51" Sale 89 May 85 May 90 92% 84% May 101 % 103 100 May 100 103% May 84% Sale a78% May A 80 85 J 76% J 80 85 85% 77% 84 72 80 80 85 Paducah 3c Illinois 1st a f 4H>—1955 J J 78 93 90 8 101 102 80 70 99 100 75 Apr. 20 105 May 1 107 Mar. 2 89 Jan. Feb. Jan. 1 28 20 31 69 1938 F Pacific RR of Mo 1st ext 4s 396",666 96% 68 ... 2,000 al09 "37% 45 Ohio Connecting Ry 1st 4s 1943 M S Ohio River RR 1st g 5s. .....1936 J D General gold 5a 1937 1,000 1946 56,000 Oregon RR 3C Nav con g 4s Oregon Short Line 1st con g 5s—1946 130,000 Guaranteed con 5s 1946 69,000 372,000 Ore-Wash RR8cNav lst&ref 4s.—1961 31 72 38% Sale 79% 56% 79% 1938 21,000 Ogden 3c Lake Ch 1st guar g 4s. .1948 "5,000 ~2\% 55 84 1997 1997 Jan 2047 Jan 2047 2047 2047 2047 2047 Ref 3C Impt 5s Series D Northern Ry of Calif guar 5a 44 13% N 8% 11% May 11% 15% 19% A 103% 101% 103 102% 103% 101% May 98 Sale O 99% Sale 93% Sale 91% May 96 O 94% 94% Sale a95 99 Sale J 98% Sale ',a95 May Northern Pacific prior lien 4s Registered 44 10 M S Gen 3c ref 4 Ha series A 1974 M 8 19,000 Northern Ohio 1st guar g 5s....1945 A O Gen Hen ry 4t Id gt 3s 6 29 31 11 25 17 A North Cent gen 3c ref 5s ser A—1974 572,000 5,000 282,000 45 May 54% May 60 May 56 May 50 May 82 May 33 - .... Sale 43 ~19~,666 * 50 May 16 50 47 J 1954 MN Convertible debenture 3Ha Convertible debenture 6a 65 1956 J Non-conv debenture 4s 56 May 16 May 1 May 17 50% May 4 56 May 11 43 May 3 65% May 1 56 44 53 May 16 May 6 54% May 29 60 May 31 56% Jan. 26 51 Jan. 26 83 Jan. 11 3 May 1 Apr. 24 45 Apr. 13 45 Apr. 13 43 May 3 57% Apr. 7 56 60* Sale 41 1938 2d extended gold 5a Paris-Orleans RRExt a f 5Ha.-.1968 M 16,000 Paullsta Ry 1st 8t ref 7s .....1942 M 8 38 Sale A O 75% 93% 97% "97% al01%Sale 36% Sale 104% 40% Sale 73% Apr. 80 May 101% May 36 May 3j 85 May 11 75 5 Mar. 22 86% Jan. 85 Jan. 5 16 11106% May 5 a96% Mar. 3 106% May 5 Jan. 25 36 Feb. 28 46 40 May 18 5 Penn Ohio 3c Detroit RR— 67,000 35,000 93,000 18,000 397,000 699,000 581,000 566,000 332,000 709,000 452,000 1st 3c ref gold 4Hs series A 1977 78 1943 ...1948 Stamped dollar bonds....-.1948 Consol 4H* Issue of 1915 —1960 M N F A General 4H* Series General 5s Series B J D 79 80 .....1968 J D 85 Sale A 99% Sale 79% Sale 60% Sale 74% 71% Penn RR consol gold 4s Consol gold 4s A-......—1965 15-year secured 6Hs 40-year 5s ........ Debenture gold 4%s General 4^i series D r Cash sale, a M N M N 1936 1964 —1970 F A O 1981 A O Deferred delivery. MN 97 102% 75 Sale 90% 101 92% Sale 86 Sale 96% 96% Sale May May 92% May 96 101 97 Sale 103 Sale a96 79% 87% 98% 78% 69% 73% Sale 86% Sale 93% Sale 102% Sale 87% Sale 75% Sale 79 85 Sale Sale Sale Sale Sale 96 80 98 Sale _ 98 97% May 22 4 103% May May 2| 87% 4 95 May 1 103% 98% May 87% 78% May 68" 75% May 82 73 May 93 Sale 88 97 75 95 May May May May May May May May May May May 24 26 24 25 29 18 29 29 31 31 27 71 Apr. 95% Jan. 91 Apr. 90 Apr. 94% Apr. 73% Apr. 78 Mar. 95 56 Apr. Apr. Apr. 68 Mar. 73 88 Feb. 9 100 Feb. 21 100% Jan. 100% Jan. 104% Jan. 13 14 91% 97% 104% 92% 75% Jan. 30 Feb. 31 1 Feb. 1 Feb. 1 May 31 85% Jan. 31 June, 1933.] N. Y. STOCK Sales in Price BONDS May. Value. N. T. STOCK 1933. Bid. 7,000 Peoria & East 1st cona 4s 1940 A Income 4a (flat) 221,000 1990 A 25,000 Peoria 4c Pekln Un lat S%» \ 1974 F 170,000 Pere Marq lat 5a Series A 1956 J 50,000 lat 4a Series B 1956 J l>t ft 4%s series C 290,000 ...1980 M 32,000 Phlla Bait 8c Wash lat ft 4s 1943 M.N 1974 FA General 5a Series B Gen ft 4%s aeries C 22,000 20,000 P C C 4c St L ftuar ft 1977 J f 4s... 1937 J s J J 4%s »er A—.1940 A O Con 4%a series B ftuar ft.. Gon 4%s series G ftuar ft Gon 4s series D ftuar ft.... 1942 A O 1942 MN 1945 MN 1949 f A ..1953 J D .1957 MN 1960 F A 1963 f A 1964 MN Gon 3%s series E ftuar ft Gon 4s series P ftuar ft Gon 4s series G ftuar ft 1,000 Gon 48 series H ftuar ft Gon 4%s series I ftuar ft... ~8", 566 49,006 Con 4%s series J ftuar Gen ftuar 5s series A 75,000 69,000 General ft 5s ser B General 4Hs series C__ "i"oo6 Pitts McK 4c Y 2d ftuar 6s Pitts Shen 4c L E 1st ft 5s ..1970 J d 1975 A O ...1977 J J .1934 J J 1940 A O J J MN J D A O .1960 A O A..1948 J D 1962 F A First consol ftold 5s ...1943 Pitts Va 4t Char 1st ftuar 4s 1943 28,000 Pitta 4c West Va 1st 4%a ser A ..1958 28,000 1st mtfte 4%s series B 1959 135,000 1st mtfte 4Ha series G... Pitts Y 4t Ash 1st ften 4s ser 1st ften 5s series B Providence Securities deb 4s Providence Terminal 1st 4s. Ask 2m May 1. ... 1956 M . S 1951 A O 1997 { J 1997.J J Rensselaer 8c Saratoga 1st ftu 6s.1941 M N Richmond 4c Mecklenburft lst4s.l948'M N 8,000 Richmond Term Ry 1st ftuar 5s_.1952 J 8,000 Rio Grande June 1st ftuar ft 5s..1939 Rio Grande Southern 1st ft 4s...1940 Guar (Jan 1922 coupon) 1940 26,000 Rio Grande Western 1st ft 4s 1939 100,000 1st con 4c coll trust 4s series A.1949 306,000 Rock Isl*d Ark 4c Lou la 1st 4 H*.-1934 6,000 Rutland-Canadian 1st ftuar ft 4s. 1949 Ask. Bid. Bid. 36% Sale 234 Sale 65 7234 1 6956 35 Sale 43 37 32 36 40 Sale 9634 98 80 Sale 78 75 23 22% 22 Sale 95 Sale 97 98% Sale 99 y M S 96 99 1, 1 Sale Prices. 30 2434 May 31 ] ] 1 29 25 26 31 27 31 27 Sale Prices. Mar. 16 97 May 17 May 24 MayJ29 May 25 62 134 Jan. 25 6934 Jan. 4 2834 Apr. 18 28 Apr. 28 Apr. 1 55 94 Apr. 11 101 7?* Jan. Jan. 12 19 Apr. 1 Feb. 17 May 31 May 27 May 31 Feb. 11 Feb * 6 1$ 97 81 2 100 Feb. 88 16 2434 May 31 99 May 10 May 13 100 Jan. 27 Apr. 25 10134 Jan. 9934 Jan. 19 99M Jan. 28 19 95 98 90 Feb. 24 a93% Apr. 26 102 94 9634 90 8634 24 Feb. 95 92 92 May 27 92 May 27 9234 Feb. 14 96 May 27 May 17 9134 May 9434 Apr. 28 9834 Feb. 8 9834 Feb. 10 76 92 Feb. 1 92 Feb. 2 90 91 itll::::: 77 77 71 92 9434 91 9134 May 79 Sale 90 79 Sale 76 10034 10134 2 92 79 7634 Sale 8634 Sale 9134 9834 10034 — 9034 Sale 88 <?VA 100 79 May 7834 May 7634 May 9034 May 29 8934 May 29 8634 May 31 80 27 30 65 37 32 Sale 38 May 19 100 May 19 84 82 59 40 ..... 55 Sale 97 53 6834 Sale 3734 23 60 8534 87 52 44 ~9l" 7034 54 47 5634 May 31 May 29 5534 May 31 1 Feb. 24 31 3 102 30 30 Mar. 21 Jan. 3 30 Jan. 3 Mar. 66 48 2 1 — 70 Apr. 5634 May 31 48 May 29 5534 May 31 4134 Mar. 3 Feb. 11 Jan. 20 3 80 7 75% Apr. 20 78 91 78 9134 Jan. May 2 7834 May 1 81 May 10 7634 May 31 8834 May 19 87 May 24 9734 May 16 63 May 22 9734 May 16 65 May 26 97)4 Apr. 6134 May 18 3734 May 2 52 68J4 May 31 May 31 55 Apr. 25 2534 Feb. 23 2334 May 4634 May 3234 May 25 50 May 25 1 63 90 1 Feb. 24 80 May 15 7 May 22 1834 Feb. 28 3554 Apr. 5 39 70 8134 May 26 6434 — ::::: 40 70 55 81 81 ..— Sale 2634 Sale 55 J 63 6834 Sale 2334 Sale 4634 Sale 3634 99 3534 ... 3434 Sale Sale Feb. 28 38 9734 '50"" ~84~ 37 May 39 May 3634 May 75 7634 Sale 8734 Sale 90 8634 75. 7834 Sale 7834 82 8434 40 99% Feb. 20 17 10034 Jan. Mar. llH 75 7134 86% May 31 85 95 68 ... 83 Sale' 55 86 76 100 100 80 54 80 7034 Sale 5634 3634 Sale 9034 Apr. 4 Apr. 13 Apr. 15 65 36 Sale 27 85 69 69 9934 Feb. 20 100 95 35 J 4 May 634 May 77 May 6134 May 5434 May 55 May 99 May 90 J 1996 A O 62 ; ] 1 Highest. 85 J 2d ftold 6a Prices. Sale Prices 3634 May 234 May 72 May 43 May 36 May 40 May 94 May 9734 "97" J cons Sale Lowest. Highest | 2134 May 634 8334 100 95 95 Sale 62 34 4834 Sale 54 34 Sale 99 9734 95 8734 8634 2434 Sale 90 85 70 Ask 5334 534 Sale 28 28 ft 4H* ... 1941 J St Jos 4c Grand Island 1st ft 4s_.1947 J St Lawr 4c Adirondack 1st ft 5s..1996 J Rutland lat RANGE SINCE JAN. Lowest. May 31. 1957 M N 25,000 Read Go Jersey Gen coll ft 4s 122,000 Gen at ret 4%s series A Gen 8c ret 4%s series B 129,000 "5",066 PRICES IN MAY. Jan. 3 EXCHANGE. 88,000 Philippine Ry lat 30-yr EXCHANGE—BONDS Apr. 13 Apr. 28 Feb: 6 68% May 31 May 31 52 29 Jan. 51] 511 Feb. 8 Jan. 31 90 Jan. 12 28 9 Feb. 9 2834 Jan. 9734 Apr. 7 65 May 26 68 St Loula Iron Mtn 4c South— 524,000 146,000 160,000 78,000 Con M 4 2834 J 10 S 1034 Sale 834 12 734 Sale Certificates of deposit Sale Certificates of deposit 1978 M series A St. Louis Southwest 1st ft 4s 1989 MN J 2d ftold 4s Income bond Nov 1989 J 1st terminal 8c unlf 5s... 1952 J Gen 8c ref 5s series A 1990 J 5734 J A 30 d 7834 J 1933 * ■■■] 31,000 46,000 * 90,000 736,000 314,000 * 1937 J d 1940 1972 1st ft 6s.........1934 A O 11,000 397,000 736,000 50,000 494,000 1,040,000 1,905,000 103,000 Oct 1949 F 35 Sale 38 4134 3034 Sale 2034 Sale 45 Sale 32 Sale 37 75 47 Sale Sale Sale 93 Sale 89 9734 Sale 98 9834 9334 98 78 86 67 Sale 7434 31 23 31 27 31 May 44 May 4534 May 3334 May 47 May 93 Sale 59 60 9734 98 Certificates of deposit May 9234 May 1 4 8 9534 May 17 75 May 16 8 52% MayI31 99 May May May 9634 May 83 May 99 99 91 Sale 95 60 82 May May May 9 2 2 98 22 20 22 18 25 May 31 May 12 May 26 64 90 834 Jan. 10 Jan. 9% Jan. a6% Feb. 634 Feb. 17% May 27 49 Apr. 20 33% Apr. 26 19 Apr. 7 12 Apr. 11 28 Jan. Apr. 25 6 99 22 20 22 18 25 6l 71 Mar. 30 May May May 9634 May 83 May 99 Jan. 75 Apr. Apr. 44 99 89 Apr. 89 Apr. 8834 Jan. 92 May 31 May 23 45% May 31 3334 May 27 47 May 31 8034 Feb. 23 63 89 ); 1 m Apr. 26 101 54 Mar. 29 64 Jan. Feb. 82 May 90 Mar. 31 2 98 34 100 97 34 100 94 May 23 97 May 2 94 Apr. 23 97 92 94 93 May 9 95 May 15 90 Mar. 15 98 94 * * * * 34 134 15 1934 334 2 934 May 17 134 May 25 15 May 25 May 27 4 434 5 534 Sale 5 34/Sale * 734 Sale 9 Sale 834 * Sale * 5 May 2 534 May 1 5 May 15 Apr. 25 ' Feb. 6 * 3 Jan. 20 34 Mar. 22 15 3:4\ 734 May 31 934 May 26 934 May 26 May 25 May 27 * ■■ 3 234 2 2 15 3 634 34 134 ^ 5 10 * * * 5 m"s' 19 May 27 18% May 31 19 May 27 19 May 27 1834 May 31 Jan. 70 Sale 6134 85 34 —~ 80 * 86 92 90 34 May 7434 8034 34 May 1933 27 31 27 27 31 27 63 May 35 May 3034 May 20)4 May 37 May May 1834 May 19 May 19 May 1834 May 1734 May 75 92 100 94 A 1945 US Atlan-Birm Div 1st ft 4s 18 18 1 9 22 19 52 97 1959 AO Feb. 2% Jan. 4 1% Jan . 3 73* May 31 98/> May 26 May 26 2 1 1935 Certificates of deposit Series B.....................1935 Certificates of deposit Gen cons ftuar 5s 134 Sale 34 1936 f A ftuar 50-year 5s 1963 A O Sou Pac Go 4s Gent Pac coll Auft. *49 J d 1st 4%s (Oregon Lines) ser A..1977 M S cons Convertible 5s 1934 J Gold 4H» ...1968 M Gold 4%s with warr May 1 1969 Gold 4Ms.......^...... San Francisco Term lat 4s S M N ...1981 M N 1950 A O 566,665 Stamped Federal tax Southern Ry lat cons 5a Staten Isl Ry 1st ftu ft 4)6*. Sunbury 4c Lewlston 1st ft 4s Texas 4c Pacific 1st ft 5s Second ft inc 5s (flat) 49 4634 46 4734 Sale 4634 Sale 74 80 10034 88 Sale Sale 84 Sale 58 Sale Sale 5734 Sale 5534 Sale Sale 70 4534 Sale 7134 Sale 9734 82 99 8 534 May 31 1 Mar. 21 5% May 31 8 5)4 May 29 1% Mar. 29 5% May 29 Sale 84 May 25 4634 May 1 60 May 1 70 May 2 46 May 1 46 May 1 4534 May 1 71 May 2 84 6834 7634 5834 5834 5734 8334 May May May May May May May May 76 59 ..... 66 Sale 75 Sale 65 May 1 May 12 60 Mar. Sale 71 Sale "82" Sale 71 May I 8234 May" 26 May May May May May May May May 3734 4634 Sale Sale 52 Sale 66 Sale Sale 49 Sale 68 Sale 70 5734 58 81 36 75 45 1938 m s 56 70 1938 m s 20 24 1955 J 1534 21 1943 d J 1951 80 36 21 20 30 3634 May 2 May 1 48 May 2 5834 May 10 5434 May 9 70 May 1 3534 May 2 21 May 1 33 34 50 33 Sale 6134 Sale 75 Sale 4734 23 90 Sale 46 31 31 31 20 11 m 20% Feb. 40 Jan. 36 Feb. 60 Apr. Jan. 5 18 Jan. 24 19 11 15 31 25 Jan. 96 Mar. 98 May 29 22 Jan. 8234 May 26 59 Apr. 26 53% May 31 May 31 May 31 May 10 May 19 80 May 26 48 May 31 22 Apr. 11 Apr. Feb. Jan. 20 80 O 20 9934 A 99 7934 55 Sale" 69 Sale 60 6634 Sale 8434 If 8234 J A J 2000 d 27 . 33 ■ Sale 96% 9734 9634 100 9934 9734 100 7934 82 75 Sale May 96 May 9534 May 68 May 66 May 1 2 2 9 2 May 9934 May May 7534 May 75 May 94 97 8534 May 4 97 IP O 4234 Sale 44 j" D 4034 Sale 47 55 2 1 1 70 May 29 7034 May 31 70 May 31 Deferred delivery. 49 May 24 101% Feb. 14 100% Feb. 20 84% Feb. 4 75 May 31 9134 Mar. 68 May 52 56 70 Sale 5534 Sale 7034 Sale 55 Sale 70 Sale May 5534 May May 55 * Look und er list of Ma tured Bonds on Page 30. 59 Jan. 60 9234 Dec 1 2000 Mar 1977 A 49 i 3 a79 * 10 19 26 31 48 10 14 May 27 May 29 5734 May 29 Feb. 85 7 Jan. 102 6 74 o 1943 1980 a IVA l!M 1 May 29 Feb. Feb. 1936 m s 1979 Cash sale, 59 Jan. 5334 6734 69J4 5834 6234 55 59 17 Sale Gen ref 5a r Apr. Apr. Apr. Jan. Apr. Apr. Apr. Mar. 97% Apr. Sale 1934 Sale 1996 Feb. 25 75 29 40 31 53 19 67% 27 38% 29 37% 29 36% 26 a70% 83 73 26 40 Gen 4c ref 5s D Sale Sale 2 34 May ..... 26 Gen 4c ref 5s series C B 47 60 60 Sale 95)! 8034 5834 6834 7734 1956 128", 665 ser 47"' "84"" 74 48 58 75 * 2)4 May Sale 1956 328,000 151,000 ser 90 8534 534 v'V:"" 35,000 Tenn Cent Ry 1st M 6s ser A or B.1947 15,000 Term RR Assn of St L 1st ft 4%8..1939 First cona ft 5s 7,000 1944 Gen ref a f ftold 4s 11,000 1953 68,000 Texarkana at F S Ry 5Hi ser A..1950 ft 5a 2 34 434 * 57 1994 Reftlstered 1994 Devel 8t ften 4a series A.......1956 cona 134 434 * ....1955 1,208,000 Devel 8t ften 6a series A 998,000 Devel 8t ften 6Hs series A 2,000 Memphis Dlv 1st ft 5s 60,000 St Louis Dlv lat ft 4s East Tenn reorft Hen 5s 14,000 109,000 Mobile at Ohio coll tr 4s 2,000 Spokane Internet 1st ft 5s Texas 4c N O 87 80 d So Pac of Calif 1st cons 5s. 1937 MN South Pac Coast ftuar 4s J 1937 J South Pac RR 1st ref ftuar 4s....1955 72",000 90 O A O 761,000 1,948,666 Sale 72 10034 Sale 54 5934 1950 A O Certificates of deposit.. cons 6a series A 63 91 .1950 A South 4t Nor Ala ~6", 600 5234 Sale 77 9034 Certificates of deposit lat 4t Sale Sale Sale 84 1989 mn Stamped. Adjustment 5s Refundtnft ft 4s 80 70 1934 A O Seaboard-All Fla lat 6a A 191,000 1734 17 34 17 J 222,000 San Ant 4c Aran Paaa 1st ftuar 4a_ 1943 J J 6,000 Santa Fe Prose 4c Phenlx 1st 5s..l942 M S * 96 9334 Sale 8734 90 J ....... ....... lat ft 5s Sclo Vail 4c N E 1st ftuar ft 4s Seaboard Air Line 1st ft 4s Sale ..... 1933 Montana Ext 1st ftold 4s Sav Fla 8c West 19 Sale May May May May May May 45 ...1933 Pacific Ext sterlinft ftuar 4a St Paul Union Depot 1st 5s 4,000 5234 May 31 15 15 1534 Sale 1534 Sale 1947 1st consol ftold 6s_. "MOO May 13 1634 1634 1434 1434 50 St Paul 8c K G Short L lat 4 %•_—1941 F 6a reduced to ftold 4H>— 13~9~,656 45 18 18 Sale 17 71 2434 Sale 2134 Sale Reftlstered... Sale 1834 Sale 1734 Sale 1634 Sale Certificates of deposit stamped St Paul E Grand Trunk 4%a St Paul Minn 4t Man cons 4s 8,000 5234 1634 Sale 834 Sale 1950 St Paul 8c Duluth lat consol 4s .1968 J 98,000 171,000 327,000 11,000 52 — Prior lien 5a series B 759,000 497,000 J 1950 J Ry Prior lien 4a series A s * 1948 J St L Peo & N W 1st 5a 8t Louis-San Francisco 35,000 30,000 178,000 288,000 149,000 * 1933 MN River 4t Gulf Dlv 1st ft 4a 60,000 Apr. 65 Feb. 2 85% May 100 Jan. 27 4234 Jan. 43% Jan. 3 4 43 6 Jan. 70 May 29 70% May 31 70 May 31 EXCHANGE—BONDS N. Y. STOCK 36 N. Value. Jan. 3 82 70 70 40 90 45% Sale J Union Pac RR 5c land ftr ft 4a Registered 13,000 552,000 188,000 166,000 353,000 65 1967 96 Vandalla consol a 4s Consol 4s Series B J D 1944 M 1933 J A.........1955 5S.....1936 ..2003 80 98 81 85 65 Sale 2% 36% 92 Sale 79 85% ...1939 MN 1939 F A Deb 6s registered 1939 J lat Hen 50-year ftold term 4s 1954 J Dot 5c Ch Ex 1st ft 5s 1941 J Des Moines DIt 1st ft 4s 1939 J Omaha DIt 1st ft 3Ha 1941 A Tol fcChlc DIt 1st ft 4s... 1941 M Wabash Ry ref 9c ften 5%s A 1975 M Ref 5c ften 5s (Feb '32 coup) B..1976 F A Ref Ac ften 4%« aeries G 1978 Ref 5c ften 5s series D 1980 A 53% 40% 58 52 41% 33 J 1958 A O MN .... Wabash RR 1st ftold 5s... Second ftold 5s 35 60 32 Sale 80% .... Sale "2% 70% 62% 94% 85% 69% Sale Sale Sale Sale 51 53 61% 39% 40 40 32 40 55 15 27% 9% 8% 9% Sale Sale 6 A 86 Sale 52 Wash Term 1st ftuar 3%•____ 1st 40-year ftuar 4a.......—.1945 1953 1977 1937 1943 Wilmar 5c Sioux Falls 1st 65 Sale Sale 15 Sale 16 16% May 27 16 May 29 16 May 27 60 63 100 Sale Sale 57% 101 * o 82% "84% 8 IV* 70 Sale "27% Sale 67% RR** 68 1946 3 J 88 Sale 71 66 70 55 60 M S 70 Sale M S 60 M 8 72 70 75 70 15 25 25 Sale 85 89% 11% 76 11 Sale 93% 70% 78 101% 101% #99% May 79% May 82% "85" 37% Sale 27% May Sale a69 May ZR** Sale 72 64% May Sale 70 May 78 D 87 93% 69% Sale 78 90 May 93% May 60 May 63 May 88 90 94 Sale ... J West Shore 1st 4s Winston-Salem S B 1st 4a 30 Apr. 13 85 85 39 78% 72 19 25 3 31 25 6 21 37% Apr. 62% Feb. 35 Jan. 37 Jan. 55 Jan. 16 May Jan. 4 4% Jan. 5 6 17 11 17 24 16% Ma) 27 16 May 29 16 May 27 3 Feb. 3 21 2 Feb. 2 50 Feb. 52 91 a51% Feb. 87 Apr. 92% Jan. 53 J an« 52 Jan. 31 99% Mar. 19 79% May 19 20% Apr. 29 67 Apr. 31 64% Jan. 31 78% May 22 31% May 27 72% May 25 May 2% Jan. 25 92 Jan 23 75 May 26 62% May 31 96% May 19 89% Feb. 6 72 May 27 53 May 27 25 25 25 76% May 24 ZR** 60 82% May May May May May May May May May 13 37% Apr. 62 Jan. 23 35 Jan. 17 27% May 8 41 Apr. 26 5% Jan. 3 5}* Jan. 50 92 53 J 15 15 55 May 29 May 22 May 24 52 87% O Sale 65 35 27% May 8 55 May 22 9 May 3 9 May 2 9% May 8% May 64 79 Sale 10 Sale 9 Sale 6 4% Sale Apr. 13 1% May 80 Apr. 60 Apr. 36% Jan. 84 Mar. 78 Mar. 43 Apr. 33 Apr. 2% May 85 May 22 75 May 26 62% May 31 96% May 19 85 May 17 72 May 27 53 May 27 May 13 May 16 May 19 May 1 May 1 85 May 17 50% May 1 35% May 2 1% 84% 70% 47% 86% 40 40 ..... Sale 6 51 A Jan. Q'l Mar. 15 105% Jan. 31 1 69% Apr. 21 86% Feb. 96 Apr. 12 100% Feb. 23 74 98% 45 40 1948'Q M 1945 F A ser 13 95 May 27 May 24 98% 74 40 33 2000IF A ftuar.........2361 Registered 2361 Wheel & L E Ref 4%a ser A 1966 Refunding 5s ser B_. 1976 27", 666 Wheel Ac L Erie RR 1st con ft 4s. .1949 8,000 Wilkeo-B 5c East 1st ftu ft 5s_._—1942 "7", 660 Sale 87 74 Wash Gent Ry 1st ft 4s General ftold 4s Western Pacific 1st 5s 80% Jan. ... 95 60% 47% 42 50 West Maryland lat ft 4a First 5c ref 5Hi aeries A... West N Y 5c Pa 1st ft 5a 31 Apr. 20 May 26 a75 22 Warren RR 1st ref ftuar 3%« 10,000 3,000 388,000 401,000 40,000 6,000 593,000 270,000 117,000 38,000 a May 31 Jan. 90% Apr. 20 100% Feb. 10 93% May 16 99% Jan. 16 78 May 2 93% Jan. 31 85 83 95 80 Vlrftinlan Ry lat 5s ser A.......1962 1st mtfte 4%a series B 1962 MN 33,000 8,000 300,000 362,000 410,000 160,000 84% Sale 96% 100% 6 Feb. 8 May 16 Sale Sale 25 12 31 May 25 May 15 78 81% 87% 81 2 94 70 Sale First cons 5a a92 94 Sale 883 76% Sale 92% 100% 83% MN Va 5c Southwest 1st ftuar 5a Sale May 3 98 93% May 16 a96% May 2 88 a78 May 1 90% 97 May 1 103 75% May 3 86 85 Feb. 80 87] 102 Jan. 90 100% Jan. 84 94 Sale Sale Sale Jan. 44 98 Sale _ 81 80 A F 1st 4H*..1934 Virginia Midland fteneral 73 85 1 May 5 May 22 May 11 61 Apr. 11 May 2 ..... 1957 MN Vera Grus 5c P Asatft 93% ..... 88% Sale 87% Sale 100% — 80% 84 98% 98% J 1968 40-year gold 4a U N J RR 5c Canal Go ften 4s Utah 5t Northern 1st ext 4s 11,000 6,000 21,000 133,000 357,000 4,000 390,000 201,000 98% Sale J M S June 2008 M S 1st lien 5c ref 5s. 84% Sale 56 89 55 J .1947 J J Gold 4%« 60% 88 D June 2008 First & refundlnft 4a_ 80 80 86 80 100% 101 M S .... 1,087,000 89 70 80 May 5 May 22 May 11 90 Sale Prices. Sale Prices. Feb. 9 50 60% May 31 57 93 O 1946 45% May 92 86% D J 61 62 84% Ask. Bid. Bid A J May 5 86% May 11 80 May 2 Ask. 58 92}* Highest. Lowest. Highest I Sale Prices. 60 81 J .....1935 1950 Tol W Va 5c Ohio lat ftuar 4%« B.1933 lat ftuar 4s series C.. 1942 General ftold 5a Tol St L & Weit 59-yr ft 4a Lowest. May Zi. I Sale Prices. Ask. Bid. Tor Ham 9c Buff lat 4a..... May 1. 1933. y. STOCK EXCHANGE. M S 22,000 Tex Pac—Mo Pac Term 5%» A..1964 J 6,000 Toledo 9c Ohio Gent 1st g 5a....1935 Western DIt lat ft 5a 1935 A O 3,000 30",666 RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS Sales in May. Feb. Feb. 95 May 78 May 102% Feb. 85% Feb. May 39 78% May 25 31 Feb. 10 74 Apr. 62% Apr. 70 Mar. 18% Apr. 65 20 18 29 31 76% May 24 Jan. 80 11 79 V Feb. 27 31% May 27 J 5s.....1938 1960 J J 8% 1949 198,000 Wisconsin Gent 1st ften ft 4s MN Sup 5c Dul DIt 5t Ter 1st 4S...1936 95,000 J Worcester 5t Conn East Ry 4%«_1943 95 81% 12 . 19 10 J* 40 76% May May May Sale 8 Sale 14% Sale 87 63 Sale Sale 90% 67% Sale 102% May 10 19% May 31 14% May 31 8 0 1 76% Ma) 8% Apr. 6 Apr. Jan. 90 11 19% May 31 4 14% May 31 INDUSTRIALS— Abltlbl Pow 5c Paper lat 5s......1953 Abraham 5t Straus deb 92,000 57,000 48,000 259,000 1,404,000 1,416,000 1,685,000 237,000 10,000 53,000 . 32,000 2,678,000 255,000 57,000 ID 5%«—..1943 O 88 90 M 6 59 62 1953 A O Albany Perforated Wrap Paper 6s 1948 A O F A 93% Sale 83% 84% 25% 26% D 20 O With A warrants ..... Adams Express coll tr ft 4s......1948 Adriatic Elec Co external 7s Allegheny Corp coll tr cony 5s.. 1944 Collateral and convertible 5s..1949 1950 Collateral 5c convertible 5s 1937 Alpine-Montan Steel 7a. ...1955 Amer Beet Sugar conv deb 6a 1935 Amer Chain 10-year s f deb 6a 1933 Allla-Cbalmera Mfft deb ft 5s American Cyanamid deb 5a.. Amer 5c ForelftnPower 5a.... American Ice s 1942 ..2030 1949 534* 8 M Brooklyn Edison Inc ften 5a 78 Conv deb 5%a Debentures gold 5s 190,000 red 5a..1943 ...1941 A Cash sale, a Sale Sale 74 90 Sale 38 70 Sale Sale 52 81 Sale 105 Sale 103 Sale 8 102% 106% Sale 106% Sale 108% Sale al05%Sale 106% Sale a98 102 Sale Sale 98 Sale 101 102 Sale 105% Sale 100 Sale O 64 O 103% 77% 91% 83% Sale D J J J 70 35 Sale 97% Sale 52 Sale Sale 92 1 64% 65 30% Sale Sale Sale Sale 76% 102% 103% 98% ..... 35 Sale Sale 60 Sale 263 43 Sale 37 Sale 10% Sale Sale 85% 78% Sale 83% 79 71 J Sale 102% 102% O103 95% Sale 42 Sale 99% Sale 86 94 96 84 J J J 93% 87% 94% 98 94% Sale J 109 A O M 8 110 83 A O MN Sale 60 J Sale 583 Sale 98 103% Sale 102% Sale a77 Sale 46% Sale 48 Sale 43% Sale 57% Sale 85% Sale Sale 90 16% Sale 5% 8 4% 10 Sale 21 M 8 A O O 96 41 93 A Sale 62 J J Sale Sale Sale Sale Sale 101% Sale J Sale 100% 56% 91% 77% 78 MN J Sale 107 80% 87% Sale 9 7% Sale 50% 101% May May 69% May 74 May May 16 77 May 103 Sale Sale Sale 102 Sale Sale 90 May May May 103 98 101% May 97 May 101% May a99% May 96% May 52 May 76 Sale May May May 60 Sale 25 79% May 76% May Sale Sale 71 May 102% May M J Sale Sale 92 93% 95% Sale 92 86% 105 Sale 105% 82% 46% 43% 40% Sale Sale Sale Sale Sale 33% Sale 92% Sale 94% Sale 20% Sale ..... Sale 64 J J J 106 J J J J 107 91 A Deferred delivery. 69 88% Sale 60 * May 22 May 29 May 27 9 Jan. 60 Apr. 78 74% Feb. Mar. Apr. Apr. Apr. Apr. Apr. Apr. Jan. Apr. 49 27 16 31 92% a96% 100 93 99% 99 35 50 98 101 86 May 92 May 27 25 May 27 1 Jan. 12 24 Jan. 17 21 Jan. 6 20 Jan. 20 Jan. 5 21 Feb. 2 20 Jan. 3 Jan. 102% 102 % 76% 43% 41% a34% Jan. Apr. 20 77 Mar. 71% Jan. 65 101 May 26 May 25 May 25 Feb. 9 Mar. 24 Mar. 15 98 May 16 86% May 89% May u a28 15% May 26 8% May ~ 6% May 4% 4% 8% 3% 75 a66 105 Sale 101% 101 % 104% 105 7 10 7 71 90% Sale 54 70% 87 57 May May May May May May May May May 31 May 15 Feb. 3 Feb. 35 Jan. 3 May 31 97 Mar. 3 Feb. 2 Jan. 26 May May 94% May 21 May 18% May 14 May 1 a28 71 27 79 26 8 23 5 29 4% 16 May May May May May May 106 107% 84 49% 49% 45% 41 93 4% 7% 7% 72% 106% 106% 91 60 6 26 May 25 May 31 May 27 a22% Apr. 2% Apr. Apr. 20 a90 6 May 16 26 79% 9 90% 26 83 9 26 101 26 100% 75 25 11 36 11 2 a34% May 13 3 May May May May May May May May May 96% 94% May a90 12 Jan. Apr. 102% 12 Jan. 66% Apr. 12 Mar. 3 103 19 22 29 27 26 29 May 26 May 25 May 25 May 8 27 May 24 May May May May May May May May 2i 23 4 20, 1 26' 2 Feb. Apr. Apr. Apr. Apr. Apr. Apr. May 95 20 RR** 10 a90 21 111 22 !11% 4 89 18 70% 17 69% 15 64% 3 May 26 May 9 Jan. 5 Jan. 9 Feb. 3 Jan. 11 Jan. 12 Jan. 11 May 16 Mar. 3 Mar. 3 Feb. 2 Feb. 27 63% Jan. 13 Feb. 14 4 Apr. 10 Mar. 16 16 Jan. 93 95 May 27 Jan. 10 May 23 18% May 29 May 16 21 4} 7} 7} 65% Jan. 9 75 20 100% Apr. 22 108 19 100 Apr. 20 108 23 84% Mar. 3 96 57 May 17 60 26 May 2 May 23 May 20 Mar. 17 Jan. Jan. Jan. 5 6 13 May 26 J F 4% 102% Sale 103 Sale 60 MN J 82% Sale 108 Sale ""4% 27 29 20 22 11 31 31 19 31 Jan. 70% Mar. 2 23% Apr. 52% Apr. 13 7 64 Apr. 80 May May 41 2% 4% 3% 2% 22 29 27 31 12 16 27 May 31 May 27 3 87 5 84% 1 79% 9 103 May May May May May May May May 92 ..... Sale 8 D Mar. 80 53% Apr. Jan. 24% Apr. 25% Jan. 31 al9% Jan. 5 Mar. 19 65 Apr. 31 53 Mar. 5 26% Jan. 24 * May 25 4% May Sale Sale 29 20 22 11 31 May May May May May May May May May May May May May May May May May 83% May 47% J 75% Sale 104 MN ...1947 MN 1st lien At ref 5s series r 88 56% 73% Sale 54 * * 76% 103% 90% 95% 104% 101% 104% J O —1936 J J ..........1950 J D B.......1957 MN 104",000 40 62 MN * Sale Sale 85 78 70 65 * ,7 V." 31% Sale 52% Sale 7s....__1934 Brooklyn City RR 1st 5a A 59% 55% Sale %# 30 D payment of $435 part ser Sale 73 O A 1937 Broadway 9c 7th Ave lat con Certificates of deposit 1st lien Ac ref 6s 85 O 1949 Gen mtfte 5s aeries E—.—...1952 Bklyn-M Tr R T Sec 6s 1968 Bklyn Queena Co Ac Sub fttd 5s__1941 1st 5s stamped............—.1941 154,006 Brooklyn Union El 1st 5s.... 1950 123,000 Brooklyn Union Gaa Co 1st ft 5a. 1945 6,000 Sale A 1st 6 Ha 154,000 1956 278,000 Bethlehem Steel lat 5t ref 5a ft A.1942 427,000 20-year pur Ac Imp a f 5a......1936 3,000 Blnft Ac Blnft a f deb 6 Ha 1950 1934 344,000 Botany Cons Mills sec s f 6H« Certificates of deposit— 29,000 as to Sale 77 53 25 1951 J D 368,000 Berlin City Electric deb 6%e Deb sinking fund 6Ha........1959 F A 411,000 Debenture 6s 1955 A O 436,000 Berlin Elec Elev Ac Undftrd Rys— Stpd 19 A 13,000 Baldwin Locom Works lat a f 5a_.1940 1942 409,000 Batavlan Pete gtd deb 4Ha Belding-Heminway conv 6a 1936 1948 320",660 Bell Telephone of Pa 1st 5s B First 5c ref 5s series C ...I960 219,000 1946 60,000 Beneficial Indus Loan deb 6s Bowman-Bllt Hotels 1st Sale F J 7,000 22,000 39,000 29,000 209,000 365,000 1,527,000 4,000 43% Sale 11 May May May 34% May 28 May 10% May 77 May 54% May 55 May Sale Sale May May May May May May May May May May 63 99 30 Sale 49 28 6 MN 35-year sink fund deb ra......1966 1,174,000 20-year sinking fund 5 Ha 1943 MN 1,099,000 J Convertible debentures 4%«_.1939 381,000 F A Debenture 5s.................1965 1,843,000 A O 70,000 Amer Type Founders deb 6s....1940 A O 329,000 Amer Water Works Ac Elec coll 5s_1934 Debenture gold 6a series A 339,000 1975 MN 1947 J J 139,000 Amer Writ Paper 1st ft 6a.. MN 288,000 AnftloChllean Nitrate 7a........1945 Ark At Memp Bdfte Ac Term 1st 5a. 1964 M 8 Armour 5t Co. 1st real estate 4 Ha 1939 J D 361", 660 1943 I J 792,000 Armour 8t Co of Del 1st 5 Ha J D 75,000 Armstrong Cork conv deb 5a.___.1940 1935 M S 28,000 Associated OH 6% ftold notes Atlanta Gas Light 1st 5s.....-.1947 J D 122,666 Atl Gulf 5c W i SS Line coll tr 5a.l959 J J deb 5s 39 Sale Sale M 318,000 Amer Internet Corp conT #%>__1949 A 1939 2,000 Amer Mach 5c Fdy a f ftold 6a A 600,000 Amer Metal Ltd 5Ha ftold notes.. 1934 A 1947 696,000 Amer Smelting Ac Ref 5s ser A 133,000 Amer Sugar Refft 15-year 6a..... 1937 1936 M 31,000 Amer Tel Ac Tel Conv 4a 30-year coll trust 5s 1946 513,000 137,000 Atlantic Refining 30 35 26 8% Sale 76% Sale 53% 1953 1 deb 5s American I G Chemical A Sale 99% 86% May 83 79% Sale Sale 109% 110% 116% 80 Sale Sale 108 oaie Sale 103 109 110% 112% 158 102% 103 107 Sale •Lookund . 94% Sale Sale 101 er 102 Sale 103% Sale list of Ma tured 75 Jan. Apr. 24 87 81% May 29 Jan. 108% May 31 101% Apr. 22 112 102% May Mar. 2 117% Jan. 110% May 10 111% May 18 108 158 Jan. 28 158 Jan. Jan. 93 Apr. 21 105 94 May 3 102% May 31 May 24 97% Apr. 21 rl07%Feb. 100 May 2 104 78 Bon ds on May 11 Page 30. 6 12 26 28 9 10 June, 1933.] Sales in Jan. 3 N. Y. STOCK EXCHANGE. Bid. F A Buffalo Gen Elec 4%a ser B 1981 1952 A O 63 1955 J 33 % A J 67% 34 60 Sale 43 45 Conv deb sff .—1938 5Hs..... Camaguey Sugar Co— MN 1st 7s ctfs of deposit .1942 Canada Steamship Lines 1st 4s..1941 A O Central Dlst Tel 1st 30-year 5a—1943 J D Cent Hud G Ac E 1st 5s Jan 1957 M 8 Cent 111 Elec Ac Gas 1st 5s._.....1951 F A Central Steel 1st sink fund 8s...1941 MN Certaln-teed Prod s A—.1948 M f 8 5 %s Ches Corp conr col tr g 5s Hay Chic Gas L Ac C 1st gu A 5s 151947 ..1937 S MN J J Bid. Ask. Bid. 97% Sale 45 _____ 105% 62% 93% 95% 63% 96% 97% Ask. 101% Sale 52 15 Sale 17% Sale 36% Sale 40 Sale 51 Sale 58% Sale 78 79 81% 85% Sale 88% Loewst. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Price. Sale Prices. May 31. 102 O 1960 Gas 5c El Corp unlf Ac ref 5a—1937 MN 175,000 Calif Packing conv deb 5s......1940 J J 116,000 Calif Pet con* deb s f g 5s.. 1939 F A 29,000 25,000 60,000 425,000 93,000 556,000 3,113,000 153,000 104 By-Product Coke 1st 5H* ser A.-1945 MN Bush Term Bldfs 5s fa tax ex 55,000 Gal 75,000 Ask. 104 % Bush Terminal Go litis Consol 5s__ May 1. 1933. $ 85,000 19,000 121,000 132,000 98,000 RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS May. Value. EXCHANGE—BONDS N. Y. STOCK 70 97% 49% 13% 36% 51 102% May 23 May May 24 May 22 50 May 18 May 4 18 May 24 May 1 42 May 29 May 1 66 Sale 92 84 87 May May 81% May 86 May 5 19 37 12 18% 18% 106% 105% 106% 70 71% 87 95 35% Sale 65% Sale 105% Sale 2% 21% 25 104% 106 103% 103% 104 Sale 102* 51% Sale Sale 95 63 104% May 80 Sale 91 Sale 49% Sale 37 Sale 85 Sale 102 Sale 76 100 May May May Apr. 18 24% May 20 10% Mar. Jan. Jan. Jan. 13 C\PJ/a 105'% Jan. 17 Mar. 108 100 50 Mar. Mar. 107 75 95 17 18 May 26 51% May 26 85% May 31 70% Mar. Mar. 63% Mar. 97 29 3 106% Jan. 9 May 29 Mar. 15 86 Apr. 28 94% Jan. 13 Mar. 23 96 Jan. 6 102 26 12 11 29 5 Mar. % Feb. 24% May 20 1 104% May 24 63 May 29 95 May 26 51% May 26 85% May 31 102% May 23 20% May May 102 May 50% May 80 May 103 W* 76 99% 100 Apr. Apr. 31 100 29 62% 27 a81 27 a83 103% May 86 May 87 May a91 May al03% Sale 102 83% 85% all 1 105% Jan. 5 67% Jan. Apr. 8 36 6 64% Jan. Mar. 29 66 May 97% May Apr. 42 _ Apr. Chicago Rys 1st 5s stamped F l 1943 343,000 Chill Copper deb ft 5s._1947 214,000 Cln Gas Ac Elec 1st mtge g 4s A—1968 Clearfield Bit Coal 1st 4s 1940 1938 162,666 Colon Oil conr deb 6s 95,000 Colo Fuel Ac Iron Co gen a f 5s..1943 158,000 Colo Indus 1st coll tr 5s gu_.—1934 3,434,000 Columbia Gas Ac Elec deb 5s.... 1952 Debenture 5s Apr 15 1952 58,000 Debenture 5s—.—...Jan 15 1961 785,000 166,000 Columbus Ry P Ac L 1st 4H«- --1957 Secured cony g 5%s 1942 60,000 104,000 Commercial Credit s f 6s ser A...1934 Coll trust 5 Ha ser A 75,000 1935 512,000 Comm'l In* Trust coot deb5Hs_1949 22,000 Computing-Tab-Record s f 6s...1941 Conn Ry Ac Lt 1st g 4%s 1?51 Stamped guar 4%s —1951 A 34 Sale J 35 Sale 77,000 148,000 741,000 808,000 863,000 224,000 81,000 257,000 288,000 26,000 85,000 261,000 196,000 155,000 paid Consol Hydro-Elec 1st s Consol Coal Md 40-yr 5s f g 7a—1956 1950 1945 1951 Consol Gas (N Y) deb 5 %s Deb gold 4%a J F F 27 MN 85 O J J A O MN J J F A J J J J J D F A J D Sale 103% 103 j 90] Sale 63 Sale 44 Sale 106% Sale 101 100 J O D A 89% Sale 62 68% 57 65 44 Sale Sale 65 Sale Sale 70 62 77 * 88,000 117,000 342,000 1,335,000 1,168,000 36,000 Sale 81 J Sale 48% 49% 104] J J J 57% Gen Theatres Equip deb 6s A O Sale 77 Gent Steel Castings 1st 5Ha 5%a_1939 1949 1940 Certificates of deposit. J Hanaa S S Lines 6s with warr. 1939 O Harpen Mining 6s with 1949 J warr.. Havana Elec Ry cons g 5a.......1952 A Deb 5Ha series of 1926 1951 M S Hoe (R) 8c Co 1st 6H* eer A.. .1934 A O Holland Amer L 6s {flat) .....1947 MN Houston Oil sink fund 5Hs 1940 MN a f 5s series A..1962 J D Hudson Goal 1st Hudson County Gaa 1st 5s ..1949 MN Humb!e Oil Ac Refining 5a......1937 A O Illinois Bell 264,000 430,000 272,000 Telep 1st At ref 5a A.1956 J D Illinois Steel deben 4He...... 1940 A O Ilseder Steel Corp Mtge 6s 1948 F A 170",606 Ind Nat Gae Ac OH ref 5s ...1936 MN Inland Steel 1st M a f g 4H« A 1978 A O 1st m s f 4Ha ser B 1981 F A r Cash sale, a Deferred delivery* Sale 72 71% 83 67 Sale 70 70 Sale 52 99% Sale 101% Sale JSale 102% Sale Sale a75 68 _ 84 Sale 75 79 66% 77 Sale 71 78 58% 60 Sale 30 45 Sale 105 56% 59% 99% Sale 48% Sale 97 100 38 35 Sale Sale Sale Sale 60 98% 59% 77% 46% Sale 80 Sale 79 87% 76 _____ Sale 52%* 33 Sale 45% Sale 47% Sale 59 Sale Sale 50 70 Sale Sale 34% 36 Sale 44 24 16% 3% Sale 8 13% mm m 47 Sale' 106% Sale 103 93 % Sale 51% Sale 94 74 Sale 76 Sale *Lookund 48 a24% Sale 7 10 16 50 mm 34% Sale 103% 64% 69 66% 54 92% a98% "46] Sale 33 Sale 101% Sale 102 Sale 103 67 Sale 53 Sale 32 30 102% Sale 1 Sale 'Sale 85 81 74% Sale 5 Sale 46 Sale 90 Sale 69 Sale 87% Sale 80 89% 30 79 er Sale Mar. May May May May May May May 67 May 27 60 o 97X 3 106 12 11 9 Jan. 9 Jan. 12 Mar. Mar. Feb. 101% Jan. 101% Jan. 18 9 27 93 23 12 27 15 19 31 31 29 26 97 97 35 27 26 25 _ 29 24 31 29 27 27 15 31 29 13 23 2 26 19 24 19 5 5 - Apr. 20 105% Jan. Apr. 28 105% Feb. May May 5 May 13 5 107 Jan. 74 Jan. 54 Mar. 101 Mar. 56 Feb. 36 Mar. 100 73% 104% 98% 76% 64% Mar. 79 Mar. * 94 May 89% May May 88 Apr. 88 Apr. Apr. Apr. Apr. Apr. 84 Apr. Apr. Eg n* ir< Jan. 57 Jan. 13 May 31 May 29 May 26 6 Feb. 15 18 99 Jan. 16 11 101% Feb. 7 20 100 Feb. 14 26 r96% Mar. 16 Jan. 27 17 Jan. 25 21103 % Jan. 29 103 21 103% 21 100 21 103 5 91 9 10 Jan. 9 Jan. 9 Jan. 11 72 75 May 15 Apr. 17 3 73% May 29 6 105% Jan. 9 Jan. Apr. 20 107' * Feb. 15 * 68% Jan. 13 10 12 68 Jan. 11 80 Jan. 24 Apr. 6 Apr. 17 104% Jan. Apr. Apr. May May Jan. Jan. 8102% Apr. 72 63 May 27 May 15 Jan. 9 * 96 33 3 14 16 Jan. 98 95 106 35 Jan. 107 43 120 3 Jan. Jan. 3 65 Feb. 25 66 77% Jan. 13 48 Apr. 26 Apr. 18 60 Jan. 11 81 Mar. 21 93 May 93 Feb. * 73% May May May May May May May May May May May May Jan. I 3103% Feb. Feb. 16 96 Apr. 211100 May 11104% Jan. 30 95% 104 Apr. 20 108% Jan. 14 97 * a50 II* a26 101% IVA 51 Sale 70 Sale 45% 58% 93% 94% 97% 26% 32% 44% 45% 29% 37% 10 Sale 15% Sale 15% 20 66% Sale 37% Sale 37% 38 Sale 98 Sale 84% Sale list of Ma tuved 99% 37% 34% 31% 103% 86% a7 5 * 71 72 17il00% May 94 5 5 Apr. 19102 10% Feb. 15 48 May 5 May 13 39 24 8 15 r29 46 33 101% 101% May May May May May May May May May May May 67 May 27 80 Jan. May 16 5' Apr. 11 25 17 31 12 2 2 2 26 20 29 75 Jan. 48 91 Z8* 88 85 May May May May May May * 60 May May May May May May May May May May May May May May 52 71 93% 35% 45% a24% 10 20 r29 70 38% 103% 103 May May May May May May May May May May May May May May Bon ds on 1 1 Page 30. ■ 31 5 Apr. 20 May 31 Feb. 28 Jan. 12 Jan. 13 12 Jan. 5 May 20 May 29 Jan. May 31 Mar. 65% Jan. 91 May 19** May 88 May May Mar. Mar. 13 29 31 2/ 9 87 Jan. Mar. 60 Feb. 52 71 May 31 May 11 May 31 * 31 11 31 1 2 2 1 31 13 3 29 23 * Mar. Jan. 98% Feb. 10 May May 61 Jan. 13 72% Jan. 10 1 a24% May Feb. Jan. 10 Mar. Feb. 20 Apr. Apr. May Apr. 13 May 3 May 29 38% May 23 8 108% Feb. Mar. 104 21 Feb. 25 29 May 11 11 May 25 Jan. * Jan. . '85% May" 11 85 8 62% 57% Mar. 55% 24 105 Apr. Mar. 31 86% 7 a75 Apr. 31 3 29 31 27 22 May 2 105 May 29 97% May 3 102% May 29 26% May 15 33% May 2 May May Apr. Apr. * 102 80 79 82 3 101% Feb. 28 67% 2 102% May Mar. * M 51 85 67 May May 75% May 54 May 83 May 74% May Sale 103 82 101 * 104% Sale Sale 102% Sale 33% 30% Sale ~80"" Sale" May 16 77 9 71 May May 19 71 3 76 May 5 60 May 5 93 May May 9 100% 2 102 May May 13 48 97 79% 85 79% 100% Sale a99% 48 67% Sale 96 100% 101% 31% 34% 37 Sale 99% 98 Jan. 87% Mar. Apr. 68% Apr. 66% Apr. 84 Apr. 4 6 26 24 31 Jan. 16 66 35% May 17 May 27 6% Jan. 4 98% Apr. 20 107% Jan. 5 Apr. 20 101% Jan. May 17 May 24 May May 40 60 93 45% 74 89 Apr. 18** 66 * 101 100% May 107 110 May 35 May 17 44 33 May 16 43 $ 40% 36 Jan. Apr. 46% May May 63 45 May 89% Jan. Mar. 2 27 19 26 May 18 May 8 98 May May 18 91% May May 1 98% May May 26 93% May May 18 93% May May 1 100 May May 2 97 May May 98% May May 91% May 99% May May May 90% May 72 May May 75 May May 73% May May 103 May May May rl04%May 100 38 102% 105 * 17 99% 46% 41 * 1% 43% 48 75% Sale 54% Sale 86 Sale 105 * * 1% 87 54 97% 35% 32% 30% 102% 76% 58% 41% May 17 May 104% May 97 May 101% May 101% May 104H May May 54 May 70 May 103% May 98% May 76% May 64% May * 70 "62% "69"" 98% 100% * Sale 99% 101 108 110 110% 120 39 43% Sale 41% 43% "37"" Sale ♦ 1 — Good Hope Iron Ac Steel sec 76—1945 A"o Goodrich ( B F) Co 1st 6 Ha 1947 J J Convertible deb 6a ........1945 J D Goodyear Tire Be Rubber lat 5a...1957 MN D Gotham Silk Hosiery deb 6a 1936 A Gould Coupler lat 15-yr s f 6a 1940 A 68,000 Gt Cons El Pow (Japan) 7s.. 1944 J 1st Ac gen s f g 6 H*126,000 ........1950 D 206,000 Gulf States Steel deb 6%a 1942 J 4,000 Hackensack Water 1st 4a ..1952 192,000 102% 1948 M N f 5s—Aug 151940 F A J * 63,000 52,000 4,000 12,000 12,000 1,000 357,000 658,000 33,000 146,000 52 47 D General Public Service deb 90 75 79% Sale 98% Sale 55 a Sale 102 — 100 Gen Petroleum 1st Sale 89 Sale 73 80 104% F ......1940 91 99% 100 General Elec (Germany) 70—1945 J 6H* 98% Sale 99%+Sale S 90 87% 87% 82% 88% 93% 100% Sale 10% 17 89 89 47 Sale 95 Sale 92% * 94 100 56 95 1940 A May 101% May 93 85 Gen Amer Investors deb 5s ter A.1952 F S f deb g 6s 90 98% 100 90 91% 91% Sale 80 140,000 159,000 254,000 26,000 137,000 281,000 415,000 191,000 18,000 301,000 Debenture Sale 51% 1934 M 1947 1942 98 69% 62% 68 Gelsenklrchen Mining 6s— 5H* A.. Sale 93% 52 a32 46% May.. 557% May 31 Apr. Apr. Apr. Apr. * 98 57 39,000 Gannett Co deb 6a serlea A.....1943 F A Gaa Ac Elec (Bergen Co) 5a.. 1949 J D 26 24 31 27 26 29 18 22 13 13 20 31 W* 38 95 105 ____. 104% Sale 94% * 72 252",660 General Cable 1st s f g Sale * Sale 102 85% 89 82% Sale 89% Sale 85% Sale 66% 67% 70% 74 62 J 27 100 96 117% 119 uv 25 46% May 63 May 45 May 85% May 84% May w* May 92 May 103% May 101 May 98% May 100% May 108 May May May May May May May May May May May May 38% Sale 35% May 16 12 May 17% Sale 100% May Sale a89% May Sale 96% May 101% 97% May 97 Sale May 74 Sale 60 May 51 Sale 50 May 68 70% 76 May 103% Sale 101% May 98% Sale 87% May 76% Sale 61% May 65% 47% May 102 .1941 M S General Elec deb g 3 Ha Sale Sale 100 103 90,000 Framerlc Ind Ac Dev 20-yr 7 Ha. .1942 3 5 57% May 31 96% May 29 97 Sale 97 Sale Ed El 111 Bkn 1st con g 4s...... -1939 J f 5H« Sale 91 Sale 104% Sale 106% 106% s 82% Sale 100% Sale 88 Duquesne Light 1st mtge g 4%s A1967 A O -1957 M 8 1st M g 4%s series B Eastern Cuba Sugar s f 7%s—. -1937 M -1953 A 76% 74% 84% 98% 99% 96% 95% 90 Sale -1995 J 5s Corp (Germany) 6%s. -1950 M 84 90% Sale Ed El 111 N Y 1st cons g 74 Sale 96 J 29 Sale 100] 101] 101 A. -1966 MN 44% Sale Sale Sale 93 A AA-. ..1942 J 32 83% Sale 93 ..1952 A O f deb 6s..—...... -1940 MN -1942 MN Dold (Jacob) Pack 1st 6s General Baking deb 75 102 Sale Sale Sale 97 93 101 A 50 65 44 95 Sale 90 M N 46% May 38% May 40% May 91 % May 36 46% 59% 95 93% 100% M N C——....... -1962 F series D—..... -1961 F 29,000 Francisco Sugar 20-year 7 Ha— -1943 70% 101% 88% 61% 47% * ser Fisk Rubber 1st a f 8a 98% Sale -1955 J 1st sinking fund 6Hs 91% 97% 61 J Sale 96 104% Sale 96% Sale 101% 99% 100% Sale 100% 42 Dodge Brost Elec Pow Sale 75 Ernesto Breda Co 1st mtge 7s... -1954 With stock purch warrants.. 42,000 Il942 18,000 Federal Lt At Tr 1st s f 5s.. First 1 s f 5s stamped.—.—.. -1942 11,000 30,000 1st lien s f 6s stamped....... -1942 27,000 30-year deb 6s series B....... -1954 2,000 Federated Metals conr 7s...... -1939 -1946 141,000 Flat deb a f 7s. * Sale 105 103% 103% 105% 106 40% Sale 12% Sale 101 35 J ser 10 6 Sale S ref 7s Sale 62 106% Sale 100% Sale 68 1 57% Sale 96 III "99" 33 17 MN Sale 44 101 99% Sale 96% 98% 97% 97% Sale 100% 105 Sale 108 A M Donner Steel 1st 88 102 D 1937 Duke-Price Pow (Ltd) 1st 6s 85% 98 F J .... Sale 3 D Gen & ref 5s series E. 100% Sale 96% Sale 101% Sale 106% 82 96 I Gen & ref 4 H s Sale 99% 101% J Gen Ac ref 5s 96% Sale 105 J 15-year deb gold 5s 1943 Copenhagen Telep extl s f 8 5s—1954 Corn Prod Ref 1st 25-yr s f 5a—1934 Crown Cork Ac Seal s f 6s— 1947 Crown Willamette Pap 1st ■ f g 6a 1951 Crown Zellerbach deb 6s w w——1940 Cuban Cone Products deb 6s.... 1950 Gen Be ref 5s series B 76 Sale J C..1952 MN f g 6S.1946 J D 1st s 73% J J Container Corp of Am Sale 74 84% Sale J D 5s............1957 30 Sale 38% Sale 40% Sale 92% Sale 35% 26 34% 44% Sale 23 29% 84 J Debenture gold . * J Consumers Power 1st lien 5s 55,000 Delaware Pr Ac Lt 1st M 4%s.... ..1971 ..1909 1st & ref 4H*— 10,000 ..1969 1st mtge gold 4%S 3,000 33,000 Denver Gas Ac EI 1st Ac ref 5s... ..1951 8.000 Stamped as to Pa tax 255,000 Detroit Edison Co 5s Series A. —1949 71,000 10,000 208,000 263,000 99% Sale 35% o42% Sale 42 36J Consum Gas Chic 1st guar g 5s.. 1936 J 199,000 Gumb T Ac T 1st At gen 5s 364,000 32,000 196,000 253,000 953,000 55,000 76,000 346,000 303,000 202,000 A A ♦ * 1927 Aug 1 1932 20% part 254,000 Childs Co deb 5s r29 70 100% Apr. 21 107% 95 Apr. 21 103% 26% May 15 58% 95% Jan. 12 96% 66 Apr. 4 85% 65 Apr. 4 85 Jan. 16 Jan. Jan. Jan. Feb. May May 30 4 11 4 11 11 Sales in ■ May. T. N. Jan. 3 Ask. 47** Sale Bid. * ref 5s 6% notes...—— Certificates of deposit 10-year 30,000 * 83,000 413,000 1,008,000 103,000 258,000 597,000 1,174,000 2,273,000 2,350,000 54,000 186,000 125,000 256,000 133,000 255,000 61,000 6,000 I,000 39,000 28,000 5,000 15 deposit— ; Interlake Iron 1st 5s ser B ...1951 t Int Agrl Corp 1st Ac coll tr 5s— Stamped extended to _.—...1942 I Int Cement cony deb 5s —1948 1 Internet Hydro El deb 6s 1944 i Int Merc Marine lat a f 6s 1941 < Intern Paper cony 5s series A—1947 . Refunding 6s series A 1955 1 Internat T Ac T deb g 4H« 1952 , Convertible debenture 4Hs—1939 ■ Certificates of Deb gold 5s 42,000 Investors Equity 5s A Deb 5s ser B with warrants 76,000 Without warrants..— 71,000 KansasCyPw AcLt 39 23",556 Kings Co Elevated 1st g 4s Kings Co Lighting 1st ref 5s 1st Ac ref 6H* Kinney (G R) Go cony 7Hi 296,000 Kresge Foundation coll tr 6l Certs of dep for sec Sale [40 82 83 83 83 87 [82 Secured gold fund 5s notes Liggett At Myers Tobacco 7s 102*4 1035* 103*4 Sale 92*4 Sale • "64H Sale 105** 108*1 131** 133*4 1997 73H 74 .1949 103** 1954 112*1 118 1954 50*4 65 .1936 58*4 Sale 1936 J D 36",006 "5", 566 84 80 Sale Sale 80 Corp Inc 6s 20 35 Sale! Sale 99 Sale 100 17 15 34** Sale 34 87 Sale 93 Sale 85 Sale 65 % Sale 9K 15 55** 60 93** Sale 78** Sale 77** Sale 83*1 Sale 55 Sale 95 98 84** 665* 66** 73 MN 37** 54 Sale - .8* 80 83** Sale 84** Sale 102** 103** 70 67 Sale 102*4 Sale Sale 90 •- 103 1** 1** Sale 95*4 Sale ..... 34 Sale "l** 42 Sale 89*4 L03** 76** 105** 101** Sale Sale 80 Sale Sale MN 101** Sale 60 Sale 1947 MN 53** Sale 59 H Sale r 93 101** Sale Sale 102 May May May 52 May 50*4 May 18 Sale 95 25 82 59 59 59*4 39** 112 107 Mar. 16 98** 86*4 66** 685* 57*4 Jan. Jan. Jan. Jan. May 25 10 31 28 19 85*4 May 27 May 17 106*4 107 108 100*4 May May May May May May May May May May May May May May May May May May 75 32 2** May 31 1 75 91 Jan. 12 89 h May 26 Feb. 17 107 Jan. 11 ;il** Jan. .07** Jan. 6 11 95 Jan. 19 64** 64** 60*4 395* Jan. Jan. Jan. May 16 16 25 27 79 Jan. 9 L08** Jan. L08*4 Jan. L12** Jan. 6 9 26 Jan. 31 115 103 75 Apr. 18 3 5 Mar. 22 60 May 26 May 31 Apr. 18 ** Jan. May 16 5 May 26 60 May 31 101** May 17 May 16 59** May 29 61*4 May 3 51 Jan. 29 53 Jan. 3 77*4 Feb. 27 69 Mar. 26 31 102** Mar. 65 Mar. 26 Mar. 18 100 96** Mar. 25 76 Apr. 13 43** Apr. 31 44*4 Apr. 29 45 Mar. 31 26 Apr. 27 27 106*4 Mar. 18 101*4 Apr. Mar. 26 101 26 101** Mar. 24 a93*4 Apr. 95 "4** 60 Sale Sale 103 Sale 98*4 May Sale 100*4 May 93 May 8 106 1 101** 2 99** al00** May 3 103?* 39 May 2 53** 91 *4 May 52 Sale 100 Sale 95 56 Sale 55 37 Sale 33** Sale 98*4 May 3 105*4 Feb. 15 1 101 67 May 31 May 28** May 16 list of Ma tured Bonds May May May May May May May 25 27 24 15 31 25 18 37** May on Page 30. Apr. 24 2** May 31 1** Feb. 24 1** May 22 Sale er May 9 105*4 Sale 99*4 Sale 98*4 Sale 103 1** May 42 Sale Look und 102 77 61 • 77 106** May 97** May 95** Sale 40 59** 61*4 87** 89*4 103** 50** May 30** May May 101*4 May 105*4 Sale 101** May 106*4 Sale al07*4 Sale 102** May 96*4 99*4 95** May 3 91 Sale 61*4 82*4 83** 102** 67** 59*4 Sale 38*4 Sale 112 1** 93 47 May May May May 80 87 9 Sale ocuo O 54 53 1 102** Sale 104** Sale 15 12 3 28 19 81 May 31 94** Apr. 10 107** Jan. 19 May 31 Feb. 23 85 58** Sale 2** 102 May 31 75 4** M N D 78 May31 IK M N A 85*4 May 27 85 2 Sale * ♦ 79** May 15 8 9 May 29 i 20** May 31 41 May 24 35 May 24 31*4 May 23 89*4 Mar. 3 57 May 19 57** May 16 75** Jan. 9 53** May 31 104 May 27 99 Feb. 10 90 Jan. 16 76** May 29 18** May 22 67** Jan. 28 95 Jan. 3 84 Jan. 10 83 Jan. 6 86 Jan. 16 62 Feb. 10 May 31 Sale 100 Jan. 50 22 85 95 Sale 44*4 88 . 96** 100 85 Sale I 95 100 ** Sale 31 Sale 103 105 Jan. 14 Feb. 24 99** May 1 60** Feb. 1 31 May 10 30 May 4 30 May 4 73 May 4 126** Jan. 20 110** May 31 84** Jan. 11 90*4 Feb. 15 L14** May 22 99** May 20 L06** Jan. 25 53 Feb. 9 90 ■ 69 59 Sale 67*4 Jan. 13 66** Jan. 12 13*4 May 29 62 97*4 May 29 a87*4 Mar. 78** Apr. 85 May 8 59*1 May 59*4 May 3 68** Jan. 57*4 May 57*4 May 19 85 27 89** May 31 96 Jan. 12 21** 23** May31 58** Sale 50** Sale 30** Sale 108** Sale 103** Sale 13 J* Apr. Feb. 23 81 Sale q36** Mar. 10 May 17 Sale 101** Sale J 40 Sale 51 Sale Apr. 69 • 52 111 MN 25 80 106** May 57*4 May 19 Sale 107 May 100 67 77 Sale May May May May May May May May May May May 8 Sale 32* 113* 70** Mar. 1 Feb. 16 [35 Jan. 20 77** Feb. 1 [05** Jan. 18 L14** Feb. 20 69 May 19 70** May 29 57 W4 3 Sale 59** 22 May 99 Sale 74 L08 May 31 * 59*4 May Sale IE* IP 22 * 94** May 72** 103** 99** Sale 106 79 105 Mar. May Apr. Apr. May 19 May 31 May 31 * 97** Sale 86 84*4 81 54 Sale 75 deposit...... Sale Sale 70 84** Sale 54 109** 111** 1942 1943 ......Jan 1965 Sale 87** Sale 40 80 78 104 50 3 May 17 May 29 41 2 67 67 Sale Sale 2 IP 95 88 May Sale 41 53*4 Sale 100 100** Sale 104** 86 90 84** 85 Sale 73 74 J* Sale 79*4 Sale 73*4 Sale 18*4 "35" 11** 40 o33** 35 39** 86** 93*4 Sale a86** Sale 69 78*4 Sale 67** 72 78 Sale 67** 67** Sale 69 Sale 70*4 725* 79 50 Sale 60** 62** 50 1035* 106 57 May 19 57** May 26 72 May 31 53** May 31 104 May 27 90 May 18 79*4 May 31 76** May 29 18** May 22 35 May 25 93*4 May 27 79 May 18 79 May 24 81** May 26 61 May 26 33} 61} 21 12 Mar. 13*4 May 29 85** May 31 78 Apr. 79** May 12 99** May 99 *£ May 1 45 Jan. 50 May 4 20 Feb. 31 May 10 16** Apr. 30 May 4 22 Feb. 30 May 4 57 Feb. 73 May 4 126 May 25 117** Mar. Mar. L10** May 31 102 48 Mar. i77 May 29 78** Mar. 87** May 5 L14 ** May 22 al02**Mar. 90 Mar. 99** May 20 94*4 Mar. L01 ** May 27 42 May 48 May 26 42** May May May 41 May 56** Sale 85 31 41*4 Jan. 45 95 48** Apr. 2** Mar. 77** Apr. 30 55 81 Jan. May Jan. May 17 60 33 87*4 82 — Mar. 75- Mar. 79** Apr. 48 Apr. Sale 30 55*4 85 79 70 86 [04** Jan. 13 [05*4 Jan. 14 Apr. 89** May 31 90** May 26 63*4 May 31 22 31 70 55 2 Apr. 20** May 31 41 May 24 35 May 24 31*4 May 23 22 94** Sale 3 May May May May 35 86 70 665* 78** 40** M N 13*4 May May 45 Sale Sale 86 Feb. 2 May 31 May 10 May 10 May 10 86 Mar. 15 66 47 Feb. 36 20** 38** 1 25 Mar. 15 21 72 4 Mar. 31 22** 25 28** 5 1 Apr. 70** May 29 * 20** 17 42*4 55** 29*4 41** 51*4 44** 2 Apr. Apr. May 19 69 34** May 24 * 15 68,000 New York Steam 1st 6s ser A——1947 1st mortgage 5s...............1951 109,000 1st mtge 5s .......—........1956 190,000 1939 501,000 N Y Tel 1st Ac gens f 4Hi 1946 116,000 N Y Trap Rock 1st a f g 6s 59,000 Nlag Lock At Ont Pow 1st 5s A...1955 290,000 Niagara Share deb 5Hs.....—.1950 Nordeutsche Lloyd (Bremen)— Sale $ * —1939 Deferred delivery. 36** 35 a49 * 102 a 47 24** Sale 35** Sale Sale Cash sale, 75*1 83** 112** 48 107 r 68** 124*4 110** Sale 93** 97** * 1956 20-year s f 6s 20** 16** 109 108 M N 415,000 "50" 13 123 105** Sale Sale 66 Sale 85 121 Sale J* 10 33 63 H Prior lien 6s series A 1965 67,000 1951 20,000 N Y At Rich Gas 1st 6s A N Y State Rys 1st cons 4H* A...1962 Certificates of deposit 3,000 1st con 6Hs series B. 1962 Certificates of 25 83 1135* 115 97 975* MN 104** Sale F A 45 Sale 1945 86 50** May 50** May Sale 5 May Sale 79** May 79** May 12 89 99** May I 50 May 4 "64"' 24 May 2 32 29 30 May 4 29 30 May 4 69*4 May 11 72*4 3 125** 121 ** May Sale al05*4 May 2 Sale 66 May 1 Sale 81** May 16 Sale 107 May 3 Sale 93 May 2 Sale 96 May 1 42 May 16 51 85** 99** Sale 75 45** 28 21** 78 Jan. May 31 Jan. 10 May 31 May 26 May 29 May 31 May 31 79 24 101*4 May 29 L01 ** May 18 85 May 20 20 May 2 45 May 19 57 May 31 74 May 31 65 May 5 L02** May 6 [26 May 31 72** May 6 LOO May 23 Sale 85 80** 70 At RR 5Hs 5s Dock At impt ext 77 77 36** 36 59 Sale 89 81*4 Sale 44 Feb. May 10 May 10 86 63*4 Sale 108 57** May 26 Mar. 31 44 J* May 31 86 May 10 May 50** Sale 50** Sale 120*1 122" 1944 60** May 26 Apr. 12 Apr. 4 38) 26 31 a503 24} 31 31 26 29*4 May 29 May 32 266,000 Nassau Elec guar gold 4« stpd—1951 5,000 National Acme 1st mtge 6s......1942 1948 1,129,000 National Dairy Prod deb 5 H® 1,120,000 Nat Steel 1st coll 5s............1956 1948 8,000 Newark Consol Gas 5s. 1940 64,000 Newberry (J J) Co 5H8 287,000 New England T At T 30-yr 5s A...1952 1st g 4H« series B ... 1961 239,000 I960 210,000 N J Pow At Light 1st 4Hi 241,000 New Orleans P S 1st At ref 5s A—.1952 1st Ac ref io B ...........1955 239,000 1951 92,000 N Y Dock 1st gold 4s....— Serial 5s g notes 1938 267,000 123,000 N Y Edison 1st Ac ref 6Hl ■« A..1941 1st lien Ac ref 5s B 1944 204,000 1st lien At ref 5s series C._...—1951 233,000 1948 54,000 N Y Gas El Lt Ht Ac Pow 5s Purchase money coll tr g 4s—1949 153,000 N Y Rys 89** Sale 40 1937 N Y L E Ac W Coal May 19 20** Ac ref A 5s 1941 General Ac refunding 5s A.....1955 Gen Ac ref 5s series B 1955 Gen At ref s f 4 Hi set C 1955 Gen At ref s f 5s ser D ...1955 II,000 12 57 35 Mont Tram 1st 409",000 12** 18*4 100*4 1964 1974 1938 Mortgage-Bond Co 4s series 2 1966 Murray Body 1st 6H> .....1934 Mutual Fuel Gas 1st gu 5s— 1947 Mutual Union Tel 5s 1«41 87 84** 55 Sale (Chicago) 4s. 1938 Morris At Co 1st s f 4Hs— 86 Sale 84 16 4 ..... 101 ....1936 Mllw El Ry At Lt 1st At ref 5s ser B1961 1st mtge gold 5s.... ..1971 Montana Power 1st At ref 5s A 1943 Deb gold 5s series A ..1962 Montecatlni Min Ac Agr Co Inc 6O",556 85 Sale 87 H Metropolitan Edison IstAtref 5sC.1953 1st g 4 Hs series D._. 1968 Met Water, Sewer At Drain 5Hi—1950 "4~,666 Sale 90** Sale 62 60*4 61 58 Meridional Electric 1st 7s ser A..1957 Deb g 7s 51 44 12** 82 X 1941 146,000 McCrory Stores deb gold 5Hs 1950 1,406,000 McKesson Ac Robbins deb 5Hi $ Manati Sugar 1st s f 7 Hi 1942 Certificates of deposit 35,000 * Stamped Oct 1931 coupon on..1942 Certificates of deposit — 14,000 1990 643,000 Manhattan Ry (N Y) con g 4s Certificates of deposit.... 42,000 2d 4s 2013 38.000 Manila El Ry Ac Lt 1st 5s 1953 1943 17",556 Mfr tr ctfs, Namm At Son 6s 1947 64,000 Marlon Steam Shovel s f g 6s 129,000 Market Street Ry 1st 7s....Apr 1940 145,000 3,000 5,000 41 Jan. 70 Feb. 28 Apr. 41** May 31 51*4 May 31 98** May 99 Sale 101** 101** Sale 96** May 100 97 *4 Sale Sale 77 May 85 77 78 Sale 13** May 18 19 Sale Sale 36 May 42 36 Sale 41 May 41 Sale 55** Sale Sale 67** May 74 i67 ** Sale 68 64** May 60 67 102** May .02 102 ** 103** Sale" 120 May 126 L16 ** 125 68** May 68 *4 74 ** 71** Sale 99 May 90 106 100** 106 115 110 47 May 69" Sale 44 88 57 May 57 Sale 67** Sale 12** 12 — 1951 1941 1952 Lortllard (P) Go deb 7s 1944 6s ...1951 Loulsv Gas At El 1st At ref 5s 1952 Lower Austrian Hydro-Elec 6Hs.l944 Miag Mill Mach 1st s f g 7s Mldvale St AtOrd cony s f 5s 71 69 6s Met West Side Elev 36*4 30** Lombard Elec 7s series A Mead Corp 6s with warrants Sale 28 Loew's Inc deb s f g 6s 157,000 61,000 28,000 89,000 94,000 5,000 12,000 54,000 180,000 190,000 225,000 140,000 [81 Sale Sale 87 ** • First At ref sinking tr4 57** May 79 May 43** May 42 54 May 55** May May May May 31** May 42** May May 16} May 32} May 038} May 36} 83 May 82 May 82** May 40 34 Sale 52 32 May 4 60** May 26 66 28** Sale Sale Sale Sale 84 5 Sale 82 , 5s...—1959 1st At refunding 5s Sale 30*4 60,000 Lackaw Steel 1st cons 5s ser A..1950 M 1934 A 102,000 Laclede Gas L ref Ac ext 1st 5s Coll Ac ref 5H» series C 1953 F 288,000 Col & ref g 5Hs ser D 1960 F 237,000 1954 J J 1,143,000 Lautaro Nitrate Co Ltd 6s 7,000 Lehigh Coal Ac Nay 4Hi ser A-..1954 Cons sink fund 4H* i®r C 1954 7,000 1934 2,000 Lehigh Valley Goal 5s 1st Ac ref s f g 5s 1944 3,000 1st At refunding 5s...... ...1954 16,000 3,000 4,000 12,000 161,000 203,000 178,000 110,000 79,000 132,000 177,000 14,000 Sale 43 34 40 *4 Kreuger Ac Toll class A 235,000 79 Sale 5s——1935 Pow gold 5s 1937 Purchase money 6s 58** Sale Sale Sale Sale Sale 28*2 64** Sale Sale 27 1946 i 1942 with warrants..1948 Keystone Telephone 1st Kings Co E L At Sale Sale 14 < 65 * 64 61** May 17 49 May 1 Sale 61- * 24** May 25 Mar. 22 14 * # 63: 66 40 55** P) 1st ser g 6s Kelly-Springfield Tire 6s Kendall Co 6Ha *21 58* Sale Py 59 * 24** May 25 May 18 Prices. Feb. 3 Sale Feb. 28 47 May 24 58 May 11 * 23 21 [35 31** 42 ** [18** Sale Lowest. Sale Prices. * 49 41 38 40 19611 4 Hi—1980 Karstadt (R) Inc 1st Mtge 6s 1943 Keith Corp (B *20 40 lstg4HsserB1957. lat M 4 Hi Kansas Gas Ac El 1st mtge 19 Highest. Sale Prices. 55 56** Sale Sale * "37*4 ~44~** 1955 1 1947 , 1948 1948 56 *4 Ask. Bid. Ask Bid. ♦ 1932 ] 10-year 7% notes 102,000 91,000 1966 J 1932 i Highest. Lowest. Sale Prices. May 31. May 1. 1933. STOCK EXCHANGE. Interboro R T lat Ac RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS Value. 1.346,000 EXCHANOF,-BONDS N. Y. STOCK 28 1** Feb. 24 90 Jan. Apr. 25 109 Apr. 20 104** Jan. Jan. Apr. 20 104 98 Mar. 98 90 3 106 38** Apr. 25 14 11 8 60*4 Jan. 31 94** Apr. 25 105 53 Apr. 7 72 28** May 16 Feb. 11 60 Feb. 13 8 Jan. 12 Jan N. Y. STOCK June, 1933.] Sales in N. 7. Jan. 3 1933. STOCK EXCHANGE. Ask. Bid. 145,000 290,000 50,000 196,000 261,000 60,000 198.000 104,000 1,000 134,000 87,000 36,000 43,000 67,000 3,00" 28,000 ■415,000 93,000 M 8 No Amer Cement deb iH* A..... 1940 1961 F A North American Co deb 5a 22 87 M 30 Sale M S North Am Edlaon deb 5s aer A... 1957 F A Deb $H* aer B Aug 15 1963 Deb 5s series C Not 15 1969 MN 77 80 Sale M S Nor Ohio Trac 8c Lt gen 8c ref is. 1947 .1941 A o North States Power 5s A .1941 A o 1st 8c ref is series B J 80 h 7756 Sale 102 h Sale 103 105 10554 10654 Northwest Teleg 1st 4 Ms .1934 J Norwegian Hydro-El Nit 5M» .1957 MN 6756 Sale Ohio Pub Service 1st 8c ref 7H*- .1946 A O lst 8c ref 7s series B._ .1947 F A Old Ben Coal 1st g 6s .1944 F A Ontario Power N F 1st 5s .1943 F A May I. Ontario Transmission 1st 5s .1945 MN Oslo Gas &: Elec extl Otis Steel sec g is series A... .1963 M S .1941 M S Owens-Illlnols Glass .1939 J 1 g 5s s f Ss 43,000 Pacific Pub Serv 5% g notes—..1936 121,000 Pacific Tel 8c Tel 1st 5s 1937 76,000 30-year 5a series A.... ...1952 * 16 19H Sale Sale 75 Sale 6856 Sale 62 Sale 78 74 Sale 87 8856 Sale 9256 Sale 100 93 10054 64 J 6854 Sale Sale 24 101 28 32 j 106 M Sale m 8 j j 87 M 10656 Sale 108 M Sale MN J "73"" Sale I 86 Sale 9356 Sale 9956 Sale Sale 103 95 Sale 8956 7956 91 14 97 Sale 87 95 92 Sale 1656 Sale Sale Sale 3356 Sale 9956 10154 Sale 34 Sale 2656 30 10356 Sale 10056 Sale 6856 6154 Sale Sale 102 0454 Sale Sale 101 10356 Sale 28 37 14M Sale 1354 Sale 38 Sale 36 Sale Sale 11 Sale Sale 3156 Sale 1356 Sale 3154 32 Sale 6 856 }"j Park-Lexington leasehold 4M*--1953 7,000 Certificates of deposit......... 29,000 Parmelee Trans conv deb 6s 1944 A O M S 3,000 Paterson & Passaic G Ac E 5s 1949 55,000 Pathe Bxch deb 7n with warr 1937 MN 1354 Sale 756 11 10454 65 71 Pennsylvania Co— M S Guar 3 Ms coll tr reg ctfs ser A.1937 F A 2,000 Guar 3 Ms coll tr ctfs ser B 1941 lT.ooo 188,000 J Guar g 3M« tr ctfs series Guar g 3 Ms tr ctfs series Peoples Gas Ac Coke 1st is..—. .1943 M S 153,000 Refunding gold 5s.. 1947 M S Registered Phila Company secured Phila Elec Co 1st 4 Ms J D gold 5s.1947 1947 MN j d —.1971 223,000 339,000 1st & ref g 4s J J 189,000 Phila 8c Read C Ac I ref 5s 1973 M 8 836,000 Convertible deb 6s—.—.....1949 J D 577,000 Phillips Petroleum deb 514* 1939 a O 83,000 Plllsbury Flour MiUs 20-yr is 1943 - MN 18,000 Pirelli Co (Italy) conv 7s ...1952 J 6,000 Pocahontas Con Coll 1st s f 5s 1957 J 16,000 Port Arthur Canal Ac Dock is 1953 F A F A 1st mtge is series B_. —1953 M S Portland General Electric 4 Ms I960 J 104,000 Portland Gen Elec 1st 5s .....1935 J 203,000 Porto RIcan Am Tobac conv is..1942 J J 715",660 2,791,000 Postal Teleg Ac Cable coll 5s .1953 Pressed Steel Car 10-year 5s 1933 275,000 Public Serv E Ac G 1st Ac ref 4 Ms.. 1967 150,000 1st Ac ref 4 Ms 1970 356,000 1st Ac ref gold 4s— .......1971 160,000 Pure OH Co s f g 5M% notes 1937 307,000 Sinking fund gold 5Ms 1940 160,000 Purity Bakeries Corp s f g 6s 1948 73 IV* 83 Sale 80 43 Sale 94 M Sale 104 10454 10956 111 Sale 86 10456 Sale 99 56 Sale 60 Sale 4456 Sale 7154 Sale 10154 Sale Sale 100 64 90 May 8656 May 99 May May May May May May 9556 May 26 93 May 25 May 31 2 27 12 9756 May 17 May 31 24 95 May 31 31 79 38 May 12 103 May 12 2 9 34 May May 6354 May rl06 May 10456 May 29 May 9956 May 6056 May 102 May 101 May 105 Sale 9954 Sale Sale Sale Sale Sale Sale 102 Sale Sale 10056 Sale al00 60 9254 60 9156 5256 4354 7456 9956 101 37 A A o j 81 6456 F 8 Sale 80 Sale 5254 Sale Sale 95 Sale Sale 2656 3456 Sale Sale * ,■ 9354 Sale 58 Sale 47 Sale 86 Sale 10156 Sale 71 68 68 Sale Sale 100 9154 Sale 75 Sale 73 80 Feb. 10 8 104 Apr. Apr. 19 27 9356 May 12 10154 8956 May 24 10054 64 Apr. 19 79 956 Feb. 27 38 99 Feb. 27 103* 86 14 Apr. 18 34 Mar. 3 10654 May 12 8856 Mar. 2 10756 Mar. 22 10*854 25 25 Jan. 16 May 31 Jan. Jan. 17 12 May 31 May 12 May 12 May 31 Jan. 3 Jan. 6 Jan. 5 Jan. 9 * Feb. 24 Mar. 17 456 Mar. 24 554 Apr. 13 756 Apr. 20 3856 May 17 16 M Jan. Jan. 9 6 1656 May 29 1056 May 25 Jan. 4 Mar. 18 18 May 31 654 Mar. 15 25 Apr. 5 10654 Feb. 3 May 25 4756 Jan. 26 75 d8 101 4 78* Jan" *9 73 May 3 7956 Jan. 24 80 Jan. 27 75 Apr. 20 74 Feb. 27 8256 Jan. 27 8356 Feb. 6 90 Feb. 7 75 May 90 68 97 60 50 Jan. Jan. May 31 Jan. 9 Jan. 12 Jan. 25 Jan. 12 10556 Jan. 4 Jan. Jan. Jan. 3 20 6 100 67 49 8654 May 31 Feb. 7 104 3 19 27 May 1 69 May 29 7056 May 25 101 1656 Apr. 7054 Jan. 11 10156 May 31 3756 May 12 40 May 5 10056 May 12 97 10554 101 9754 9056 6854 6356 5956 10156 3756 40 Sale 85 Sale 82 Sale 8156 Sale a9756 9754 9056 7354 6756 70 May 29 May 31 May 12 May 5 4356 Apr. 94 Apr. 18 Mar. * * * 10056 Sale 9554 Sale 73 May 24 May 29 Apr. 20 105 9956 Mar. 104 May May 2656 May 33 May * ' Sale 6756 7056 90 May 1 May 24 101 May 3 69 ■ May 29 May 1 7056 May 25 10256 9456 5956 4856 8656 May May May May May 5 4 Jan. Feb. Apr. 26 6354 Mar. 22 Apr. Apr. 90 Apr. 48 Apr. 3256 Apr. 6756 Mar. 95 Apr. 95 98 65 • 29 29 11 26 31 May 31 May 26 52 103M 104 59 86 88 m 71 100 7656 Sale 7556 7656 51 Sale Sale Sale 85 12 Jan. Jan. 6554 May 31 3456 Apr. 6 6554 76 Apr. 20 9656 8856 May 29 Apr. 22 114 5 10956 May 26 103 97 90 May 1 10756 May 31 1 6956 May 9856 May 90 May 5256 May a42 May 7456 May 98 May Sale 58) 1013 3354 3856 99 Sale 8056 May 22 78 May 1 70 Sale 31 26 25 8356 May 25 88 May 31 May May 4456 May 6554 Sale 87 8056 Sale 7854 May 10556 10854 10754 10956 10556 May 97 Sale 90 9356 Sale May 67 104 84 24 7556 May 11 73 May 3 Sale Sale 2356^ Sale 75 88 May May May May Jan. Jan. 87 * 4 3 75 73 Sale 51 33 8256 78 60 30 75 73 78 all56 May 24 12 25 1356 May 10156 May 19 104 62 May 3 75 Jan. 5 13 9 14 14 Jan. 89 May 1 6154 Apr. 20 57 Apr. 20 88 May 5 9056 May 3 98 Apr. 24 $ May 3154 May 6 May 756 May 756 May Sale Prices. Apr. 20 23 31 26 i 9954 18 6056 23 101 26 10056 3856 May 17 36 May 31 13 May 29 1656 May 29 1056 May 25 35 45 67 J A 84 65 D F 81 60 J I 7956 35 35 63 101 J M 1056 12 756 10 25 Sale 1356 Sale 10156 10354 10256 104 75 Sale 6156 70 75 D C—1942 J D D—1944 40-year guar tr ctfs 4s Ser B..1952 "J Secured gold 454s 1963 M N 126,000 Penn Dixie Cement 1st is A..—1941 M S a o 750,000 Penn Pow 8c Lt 1st M 4mb 1981 A o 25,000 571",600 60 22 May 16 8056 May 31 May 79 May 31 May 80 68 May 27 May 75 May 31 6154 May 88 9756 May 26 May 9956 May 25 9056 May 10354 May 25 9956 May 93 May 24 May 24 93 73 May 29 May 1 80 d Pan-Am Petr (Cal) 1st g is 1940 60,000 Certificates of deposit........ J 83,000 Paramount B'way 1st 5H* .1951 j d 329,000 Paramount-Famous-Lasky is 1947 F A 469,000 Paramount Prsblls Corp 5 Ms ..1950 9,000 Certificates of deposit.. 5,000 13 54 May 64 Sale 79 Highest. 67 15 94 Lowest. Sale Prices. 10 56 Feb. 7 9356 8956 7056 2056 7356 9956 Sale Prices. Sale 6754 20M Sale Prices Sale 96 56 95 9654 Highest. 27 75 101M 102 M d 9,000 Pacific Coast Co 1st g 5a... 1946 387,000 Pacific G & E gen 8c ret 5s ser A—1942 100 25 99 Ask V8056 Sale 64 Lowest. May 31. Sale Sale 3% 99 92 | Ask IBta. Bid. 100M Sale s RANGE SINCE JAN. 1. PRICES IN MAY. Price bonds May. Value. 29 EXCHANGE—BONDS May May May May May May May 9556 May May 83 May 84 May 29 31 27 24 29 55 Apr. Apr. May Apr. Jan. 10556 Jan. 10056 Jan. §556 May 83 May 84 May Apr. Mar. 9 12 5 27 24 29 Radlo-Kelth-Orpheum part paid ctfs 9,000 108,000 414,000 93,000 112,000 60,000 260,000 124,000 236,000 363,000 552,000 451,000 * for deb is 8c com stk 45% pd..l937 Debenture gold is ... 1941 Remington Arms 1st a f is 1937 Rem Rand 5M> A with warr.. 1947 Republic Iron Ac Steel s f 5s.. 1940 Ref Ac gen 5 Ms A 1953 Revere Copper Ac Brass is A 1948 Rheinelbe Union a f g 7s.... 1946 Rhino-West Elec Power 7a 1952 6s ...........1953 Cons mtge 6s Cons mtge 6s with warrants... 1955 Richfield Oil Calif of D 15 17 6254 Sale MN 4556 Sale A o J J "3*566 Roch Ac Pitta C & I pur money 5s.l946 38) Sale 38 Sale 2556 Sale 2956 Sale Sale 43 44 99 102 56 70 Sale 72 75 68 61 70 78 Sale J 5854 Sale 5456 Sale 4056 Sale 36 Sale 32 Sale 70 5856 Sale 3954 Sale Sale 38) 2954 4756 3856 3754 Sale Sale Sale Sale J MN 7 A K O F A Sale Sale 60 a58 ' Sale 26 Sale 10556 M s 97 104 8 97 Sale MN A o 5MS........1941 St Joseph Ry L H 8c P 1st 6s 1937 MN St L Rky M Ac Pac 5s stmpd 1955 J J St Paul City Ry Cable 5s 1937 8856 Sale 5956 Sale 94 Sale F .1948 ...1952 MN 1947 MN 1949 A O ....1952 J D 1935 J J f 4Mb——........1951 M S Siemens Ac Halske sec a f g 7a Sierra Ac Sam Fran Power 1st 5s__1949 F A 1946 F A 1941 7 A 394,000 Sinclair Cons Oil 1st lien 7s 1937 MS 229,000 1st lien coll 4Mb aeries B 1938 J D 115,000 Sinclair Pipe Line 29-year 5s....1942 A O 243,000 Skelly OH deb s f 5 Ma 1939 M 8 180,000 365,000 298,000 30,000 728,000 672,000 * Solvay Am Invest sec g 5s A.....1942 South Bell T Ac T 1st s f 5s Southw Bell Telep 1st Ac ref 6a M 8 J 1941 J 1954 F A Southern Colorado Power 1st g is *47 J J Stand Oil (N J) deb g 5s..Dec 15 1944 7 A Stand Oil (NY) deb 4mb 1951 J D Stevens Hotel 1st is oerles A a Deferred delivery. Sale 9456 Sale 79 40 50 51 25 50~ a5756 May Sale 92 45 42) 97) Sale 783 85 39] 41 5 100 89 May 3956 May 9456 May 79 May 3156 May 20 69 Sale 28 Sale 76 Sale 7356 Sale 8256 Sale 7856 Sale 73 Sale 79 Sale 35 4256 51 Sale 42 May 75 May 30 48 36 3756 ^ 76 99 50 Sale 100 58 3656 Sale 9856 Sale 95 10356 6656 8856 10656 10756 7554 10456 9754 Sale 10354 Sale Sale Sale Sale 7/56 Sale Sale D 4456 Sale 10756 * Look Had 90 8* 34 36 Sale 40 60 40 45 Sale 50 9156 10156 Sale Sale 10256 Sale 61 Sale 10154 Sale Sale 93 Sale 104 Sale 7656 Sale 5256 May 97 9756 o92 30 3256 Sale 38 Sale 3356 9856 Sale 9656 96 Sale 9356 10254 Sale 10156 79 Sale 6956 96 Sale 9156 10454 Sale 10056 10554 Sale 10156 59 7256 Sale 10356 Sale 10156 9756 Sale 9154 * 34 50 Ma * 106 orllst of Mai tured May May May May May May May May May May May May May * 2956 Sale Sale 3 8 13 2554 May 103 Bon ds on May Page 30. 9 9 19 2 3 29 22 23 16 12 12 80 May May May May May May May May May May 52 May 12 82 50 50 50 46 84 81 1 5 13 5 8 6 3 22 3 Feb. 24 May May 97 May 37 May 40 May 99 May May 103 May 80 May 97 May May May 75 May 10456 May 9756 May 80 10 May 31 11 93 Jan. May 26 Mar. 24 Jan. 3 Feb. 3 55 92 50 May 2 May 2 May 29 5856 May 22 46 May 23 Jan. 10 85 50 50 83 Jan. 8354 Jan. 52 3 3 May 12 * 30 12 5 Apr. 5 5956 Jan. 12 May 17 4256 Jan. 16 Apr. 5 Jan. 16 Mar. 1 100 Mar. 1 9756 Jan. 12 May 16 Apr. 18 16 12 26 3 5 26 1 13 27 24 31 31 18 18 31 95 Jan. 8256 Jan. 102 Jan. 20 Apr. 20 10354 Jan. Mar. 15 80 Mar. 15 97 May 27 May 24 Apr. 20 107 Jan. 3 x07k Jan. Jan. May 2 Jan. Apr. 20 105 Mar. Agr. 20 * 3456 May 15 106 May 29 Feb. 10 Jan. 40 51 * * * 75 55 « D j3ale 9056 Sale Api 9756 May 31 80 May 26 40 May 26 May 17 May 19 Jan. 6 8 05756 May 8 16 93 May 29 Jan. 11 28 62 11 50 76 48 34 8356 Sale 83 Sale 8354 Sale 30 28 34 May 18 5056 35 55 Sale Sale 25 76 20 * * 1956 Mar. 21 32 3756 Feb. 27 4656 9656 Apr. 22 107 9954 Feb. 20 9954 3 10554 96 Apr. 8 05756 May 8 8 93 May 29 45 May 20 May 9 May 1 May 2 May 26 50 May 29 40 May 23 28 May 1 76 May 1 7156 May 4 72 May 4 85 3354 ?7H 32 May 17 4656 May 19 105 May 16 May May 102 10356 105 8956 98 Sale 9656 May 4 Jan. 11 19 10 856 Feb. 58 Feb. 24 10056 May 24 24 6 65 May 27 27 a4154 Apr. Mar. 25 85 May 27 55 27 Mar. 30 70 May 26 30 26 May 31 31 4954 Apr. 17 78 May- 15 6656 Jan. 11 2 a30 Jan. 12 8 28 Apr. 2 Jan. 13 47 May 26 2 Jan. 11 1 3256 May 16 Jan. 11 11 3256 May 16 Jan. 11 32 May 15 70 11 * * 68 70 8054 1945 694,000 Studebaker Corp 6% gold notes. 1942 J 56,000 Syracuss Lighting Co 1st g 5s 1951 J rOash sale, 8954 35 59 Sale 33 Shubert Theatre deb is.........1942 Sllesla-Elec Corp gold 456*— SIlestan-Am Corp coll tr g 7s 9756 a395l Sale 95 8556 ................. Debenture a 87 50 — 19,000 385,000 53,000 42,000 50,000 96 58 55 ...........1937 20,000 8an Antonio Public 8erv 6s 1952 2,000 Schulco Co guar 4M« —1946 4,000 Stamped (July 1933 coupon on) 3,000 Guar sinking fund 6Ms B.....1946 ▲ O 56,000 Shlnyetsu El Pow 1st 4Mb 60 * M s M 20 May 10056 May 65 May 85 May 70 May 78 May 42 May 35 May 5956 May 42 May 4156 May 41 May 2556 May 44 Sale 64 58 MN 47,000 Stamped 73,000 Sharon Steel Hoop s f 5M> 236,000 Shell Pipe Line s f deb 5s 316,000 Shell Union Oil a f deb 5s 291,000 Deb 5s with warrants 59M Sale 24 38 9354 Sale 79 Royal Dutch deb 4s with warr... 1945 1948 A o Guaranteed 5s. 20 57 Ruhr Chemical 6a St Joseph Lead deb Sale 15 May 7456 May 54 May 70 May 56 May 65 May a30 May 28 May 47 May 3256 May 3256 May 32 May .... 75 36 M . 1,000 597,000 57,000 247,000 4,000 5,000 12 6656 90 5456 Sale M B 1944 MN MN it 107,000 Certificates of deposit.......... 20,000 Rlma Steel s f 7s —..........1955 8,000 Rochester Gas Ac El 5M* ser C—1948 Gen Mtge 4 M* series D .1977 116",000 Gen mtge 5s series E..........1962 105 MN J 1953 J 1950 MN Rhine-Ruhr Wat Serv 6s Direct mortgage gold MN J 2054 Apr. 103 May 3 100 Jan. 4 3 11 5 13 * 4456 Jan. 8 110 Feb. 3 1 N. Y. STOCK 30 EXCHANGE-BONDS 2-a Sales in N. 7. STOCK Value. Jan. 3 EXCHANGE. HO- $ Tenn Tenn 33,000 474,000 1,300,000 279,000 1,127,000 20,000 937,000 78,000 Con? deb 6s series B..........19B J J M 8 55 J 1951 Coal Iron & RR l«o 5s Copper A Chem— D 97 92 Texas Corp conv Tokyo Eioctrlc Light (Ltd) 774,000 1st M 6c 3 Series....-.June 6,000 23,000 112,000 l.oOO 1,000 29,000 69,000 356,000 128,000 6,000 53,000 37,000 207,000 58,000 1,200,000 15 1953 Ac Elec 1st 5s Truax-Traei Coal cony 614s Trumbull Steel 1st s i 6s 1949 1943 -—1940 Twenty-third St Ry Imp At ref Tyrol Hydro-Klec Power 7H« Guar sec s f 7s M 5s.l962 1955 Trenton Gas 9 13,000 Certificates F VI 5554 5554 4254 Sale 10354 Sale 10454 Sale 15>4 18 A 8 Sale 28 10054 100 5 8654 875' 9654 97J4 65 54 Sale 6 J 24 J 4554 Sale 9054 M N "56" J J 9554 J A 55 A 6454 Sale 6654 Sale A F Sale Sale "1854 99 5354 9654 Sale 10054 Sale 20 1654 102 9954 83 Sale 5954 8854 82 Sale 33 Sale Sale 34 Sale Sale 27 Sale Sale 9654 Sale 10 1334 Sale Sale 34 Sale 5254 Sale 6154 Sale ■10034 61 95 "4054 65 7134 10254 Sale 103 105" 24 J4 Sale 04354 Sale 50 Sale 8" Sale Sale 7 I* J M 8 11 M 8 103 50 9754 4754 J J 10254 99 A O Sale 2 12 1054 2 M S O A O 8 18 Sale L0554 Sale i39 Sale LO634 Sale L0234 10554 L0154 Sale 10154 Sale 101 10134 269,000 Western Electric deb 5s_.——..1944 1938 187,000 Western Union coll tr 5s Fund At real est IMi gold 1950 519,000 416,000 15-year 614s gold..——— 1936 Gold 5s 1951 607,000 Gold 5s ————..I960 719,000 647,000 Westphalia Un El Pow6s.... 1953 32,000 Wheeling Steel Corp 1st 5J<« A—1948 1st and ref 454s series B 1953 224.000 5,000 White Sewing Mach deb 6s w w—1936 A O J J 67 M N 58 9954 Sale F A J D 88 Sale Sale 73 I J 6854 7354 5554 Sale 5434 59 49 Sale J J 61 Sale A O 50 55 M S J 12 J 33 J 33 1940 MN 33 ... *40" 35 57 Sale Sale Sale f ———.—1970 J J 73 Sale 56 7154 7154 2854 5854 Sale 3254 Sale Sale 5754 Sale 2034 3134 2354 2754 2154 28 Sale 81 65 58 62 7054 Sale 35 ..... 34 54 33 26 5 Sale 8934 Sale. 87 Sale 77 Sale 68 5254 Sale a27 2654 90 Sale Sale 5654 35 10 3 5754 2354 38 38 66 7354 Sale Sale Sale 2 54 37 154 34 34 Sale Sale Sale 90 52 Sale 68 8654 Sale 3 154 61 83 Sale 254 Cast sale, a 105 33 May 7854 Sale ¥ May May May May May May May May May May May May 69 8854 7154 7154 33 8054 7354 all 35 33 254 May 11 354 May 23 May 9 8954 May 2 66 May 1 68 May» 1 36 2 31 29 26 29 29 31 1 26 17 11 22 May 19 May May May May May May May May May May May 554 May 29 5 May 44 May 95 May 78 May 7854 May 26 29 25 29 31 3 90 Mar. Mar. Jan. Feb. 26 1 41 Feb. Feb. 6154 May 11 5454 May 31 23 May 17 10654 Feb. 30 May Apr. May Mar. May May 18 27 6354 Mar. 1 18 11* Feb. 11 31 18 62 54 Jan. May 11 6054 May 12 Jan. 18 Apr. 20 102 Feb. 3 Apr. 21 105 20 May 17 Apr. 10 Feb. 23 10554 Jan. 16 9 Apr. 3 10054 Jan. 91 May 31 Mar. 1 Feb. 28 Jan. Mar. 29 100 May 31 12 12 Jan. 12 Jan. 12 3 Mar. Feb. Mar. 28 19 Apr. Jail 28 Jan. May 15 May 16 May 15 May May May Apr. May May Apr. Apr. Apr. Apr. Apr. 18 May 19 6 Jan. 15 8 1 20 17 2 4 4 28 5 12 11 12 Mar. 17 Jan. Jan. Jan. Apr. 28 May 31 May Jan. 10054 May Feb. 7 Feb. I Feb. 3 7 Feb. 16 Apr. 10054 Apr. 10054 Apr. 9954 Mar. 84 69 8854 7154 7154 5754 8054 7354 2 Mar. 3654 Mar. 31 3654 Apr. May Feb. 4154 Apr. a27 May 2254 Apr. 2254 Mar. 37 37 54 Feb. Apr. Mar. Jan. 3 3 5254 Jan. 3 May May May Jan. May May Feb. 29 29 31 6 26 17 6 Jan. 27 Jan. 27 37 154 Mar. 15 52 Jan. 31 May 29 May 26 L02 Apr. 52 Apr. 3754 Apr. 81 35 10 May 22 Feb. 10 Mar. -84 29 27 29 31 Jan. 9 May 31 May 20 Jan. 2354 5 May May May May Apr. 52 30 Jan. 1254 Apr. 1354 Apr. 10254 Mar. 55 31 Jan. 854 Mar. 102 23 Jan. May 30 2 Jan. 1654 May 12 10 18 12 12 Jan. Jan. Jan. 154 Jan. 1054 Mar. 95 Apr. 4754 Apr. 9754 Mar. 10 20 7154 May 10 Mar. 31 554 May 29 5 May 7954 Jan. 95 May 78 May 7854 May 26 19 25 29 31 ' "l . r 9 100 97 88 89 May 31 7154 48 Sale Sale 6 154 67 ilH May 9654 58 Wickwire-Spencer Steel 1st 7s...1935 J Ctfs dep Chase Nat Bank..... Wlckwlre-Spen Steel Co 7s.. Jan 1935 MN Ctfs dep Chase Nat Bank Willys-Overland 1st s f g 654s 1933 M 8 Wilson Ac Co 1st s f 6s series A...1941 AO A O Youngstown Sheet Ac Tu 1st 5s A 1978 1 3654 9654 1854 May 5 9954 May 26 May 2 May 2 48 9854 May 2 10154 May 27 May 29 10 34 May 15 21 20 18 May 27 28 1654 May 26 1154 May 29 Sale 1454 May 2 28 May 31 Sale 2354 May 2 32 25 1254 May 2 2354 May 29 2354 18 Sale May 17 2454 May 31 21* Sale 30 May 20 18 May 28 1 105 10554 May Sale May 105 a39 6454 May 22 Sale 59 May 10354 May 27 10054 May 10354 105 10554 May 22 10254 May 105 104 105 May 25 Sale 104 10154 May 10454 May 18 May 10434 10454 101 Sale 104 54 10154 May 10454. May 22 7354 62 2854 37 2854 Feb. 102 2054 Feb. 2 1 1 31 19 1 11 31 17 23 12 12 Sale 101 1354 15 2454 Sale 1154 1254 1154 20 A O A 1854 9954 10454 5054 1434 Sale 48 83 10 Jan. 11 May 29 93 Mar. 15 May 4 6254 May 31 81 May 26 May May May May May May May May May May May May 10054 Jan. May 72 36 13 May 11 68 7754 Mar. 31 25 11 31 18 4 23 12 19 17 17 25 15 31 27 10 May 10 50 8 llH May 2654 654 5454 May 104 May 30 May May May 60 May 5654 May 6054 May 101 May 10354 May 20 May 104 May 10054 May 91 May 9954 May 7154 May 7854 May 2654 May 2554 May 25 May 94 May 10 May 3354 May 5254 May 6154 May 100 May 9954 May 2154 May 19 May Sale D 9154 May 31 May 29 2854 May 25 8754 May 9 9654 May 29 6154 May 11 4654 May 20 F 81 48 May May May May May May May May May May May May May May May May 15 28 16 6154 Sale 82 Sale F D 1st M 5s series B 96 Sale 2934 Sale J 52,000 7,000 132,000 419,000 86,000 102 7054 22 1454 4654 Sale 37 83 9054 Sale 100 Sale 75 5454 9454 10254 10354 100 18 2754 10334 10454 102 §954 10054 Sale Sale 9754 59 54 5954 Sale M 18,000 Sale 15 50 22 deb 6sl939 - 60 60 Sale ——.—1963 1956 Without warrants.—. s f deb 6s "5954 10 28 Without warrants... Partlc 5654 55 54 5634 "60~" J Warner-Quinlan deb 6s.........1939 J D Ref 1st 7s........1941 M 8 War 1 en Bros Co deb 6s ——1941 Wash Wat Pow 1st 30-yr 5s 1939 J J J D Westchester Light gold 5s —1950 M 8 West Penn Pow 1st 5s series A—.1946 21,000 23,000 5154 iol" Warner Sugar G Sale 100 1945 1st 5s series E a24 Sale with warrants.1944 1st secured 5s series "3l" 108 M Warner Co 1st 6s Sale 5134 10254 10254 2654 7254 10254 of deposit..— f 5s f 6s series A 25 43 Sale 54 4354 Sale Without warrants—... s Feb. J 1953 97.606 Va Elec & Pow conv 554s 1942 14,000 Va Iron Coal Ac Coke 1st g 5s 1949 151,000 Virginia Ry Ac Pow 1st 5s 1934 42,000 Walworth Co 614s ser A (with war) '35 1st Apr. 27 10454 Jan. 50 J 1942 Warner Bros Pictures cony 97 May 11 May 15 9654 Sale 6054 Sale Sale 5654 Sale 5654 Sale 9354 Sale 5 1954 J May 19 68 May 72 May 84 May 4054 May 23 May 85 May 93 May 55 May Sale 89 86 89 Sale Prices. May 12 100 4754 Sale Sale 101 106 104 MN M Victor Fuel 1st s 3,000 210,000 713,000 39,000 14,000 91,000 28,000 261,000 23,000 18,000 50,000 51,000 73,000 91 10 J 1,000 United Rys St L 1st g 4s__ 1934 1,315,000 U 8 Rubber 1st Ac ref 5s series A..1947 3,000 United Steamship 15-yr 6s —1937 375,000 United Steel Wks g 6)4* •«' A—1951 362,000 6 Yi* series C ............—1951 223,000 Sinking fund deb 6 Ms ser A...1947 43,000 United Stl Wks(Burbach) s f g 7s 1951 54,000 Universal Pipe Ac Rad deb 6s 1936 172,000 Unterelbe Power Ac Ltg 6s —1953 116,000 Utah Light Ac Trac 1st At ref 5s.. 1944 270,000 Utah Power Ac Light 1st 5s 1944 2,000 Utica Elec Lt At Pr 1st sf g 5s 1950 18,000 Utlca G Ac El ref At ext 5s 1957 637,000 Utilities Pow Ac Ltg deb g 554«— '47 1,925,000 Deb 5s with warrants 1959 Debs 5s without warrants 371", 666 Vanadium Corp (Am) cony 5s—1941 80 2354 104 30 5154 Sale MN warrant......Apr 1945 Biscuit (Amer) deb 6s 1942 Drug Co (Del) 5s. 1953 Vertlentes Sugar Sale 104 54 22 J4 Deb 5s with United 52 36 Sale Prices 57 75 Sale Sale 65 41 55 Sale Lowest. Sale Prices. a98 10054 5554 61 7854 Sale 8734 Sale 85 89 46 UJigawa Elec Power 7s. —1945 A O Union El Lt & Pow (Mo) g 5s 1957 J Union Elec L Ac P (111) 1st 5*s—1954 A O Union Elev Ry Chic 1st 5s 1945 Union Oil Cal 36-yr 6s ser A May 1942 First lien s f 5s ser C Feb 1 1935 United 4354 Sale 23 87 98 MN 1952 Sale 4154 D J 59 Sale 99 96 Highest. Highest. Sale Prices. Ask. Ask. Bid. Bid. 995* 101 & Power 1st Ac ref 6s....1947 A O deb 5s......—1944 Third Ate 1st ref 4s 1960 J J A O Adju tment income 5s....Jan I960 J J Third Ave RR 1st gold 5s ...1937 MN Tobacco Prod Corp deb 6 H'--—2022 Toho Elec Power (Ltd) 7s ser A..1955 Tenn Bloc Ask. Lowest. May 31. May 1. 1933. Bid. 25,000 1 RANGE SINCE JAN. 1. PRICES IN MAY. Price BONDS May. Deferred delivery. MATURED BONDS (Negotiability Impaired by Maturity) May. N. Value. Y. STOCK EXCHANGE. P Jan. 3 May 1. 1933. Bid. Mexico Treas 6s '13 assent large..1933 Ask. J J Bid. M S 4 354 Sale 354 Sale Ask. Bid. 6854 Sale Small 554 Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. May 31. Ask. FOREIGN GOV'T & MUNICIP AL'S 6,000 5,000 RANGE SINCE JAN. 1. PRICES IN MAY. Price Sales in 554 554 554 May 20 554 May 17 RAILROADS 204,000 Bait & Ohio conv 4^8 31,000 Chic & No West deb 5s 3,000 ; Registered 1933 1933 29,000 Galv Hous & Hend 1st 5s 133,000 Norfolk South 1st & ref 5s A. St Louis Iron Mtn & South— 1933 1961 River & Gulf Div 1st g 726,000 6s—.—1940 Gould Coupler 1st 15-yr s f 6s...1940 Interboro Rapid Transit 6s...—.1932 10-year conv 7% notes i.1932 Manati Sugar 1st s f 754s —....1942 Stamped (Oct 1931 coupon on) — Pan-Am Pet Co (of Cal) conv 6s—1940 Pressed Steel Car 10>year 5s.....1933 Gen Theatres Equip deb 250,000 Richfield Oil of Calif 6s 71,000 Stevens Hotel 1st 6s series A Cash sale M-L.. r a deferred delivery, i-wr err. Sale 8454 Sale 754 Sale May 2 7654 May 1 80 May 12 72 May 9 454 May 1 Sale 5054 Sale 40 Sale 7654 Sale 82 54 59 90 8254 Sale 89 A A 84 60 O F 254 454 3 y 4s...—-1933 INDUSTRIALS 1953 270,000 Abitibi Pow & Paper 1st 5s 21,000 Amer Chain 10-year s f deb 6s...1933 Chicago Rys 1st 5s stamped Sept 1 1932 20% part paid 25,000 1950 1,101,000 Cuban Cane Products deb 6s 235,000 East Cuba Sugar 15-yr s f g 7^8.-1937 780,000 Flsk Rubber 1st sinking fund—1941 " 55 M N 12,000 Seaboard Air Line 1st g 4s—...—1950 Gold 48 stamped... 1950 57,000 Refunding 4s 1959 362,000 Atl Birm Div 1st g 4s Mayl933 70,000 882,000 120,000 233,000 352,000 14,000 17,000 159,000 58.000 MN MN A A O 654 23 O 254 AO 15 M J3 J D 1354 Sale A O 65 F A 5054 J J M S M S A O F A Sale — 3^ lH 5054 154 5354 3 6 Sale 19 A O 16 M S 5754 Sale 354 5 254 10 A O A O J D J J 1944 MN .1945 3954 Sale J J 28 Sale 5754 Sale 25 1254 Sale 16 40 ' 8 654 454 7 23 16 1254 454 10 16 18 1854 754 Sale 12 15 1354 Sale 20 Sale 50 Sale 60 69 53 5 Sale Sale 5854 9 59 10 Sale 254 Sale 554 7 20 2054 6254 Sale 15 20 36"" Sale" 3754 43 2554 Sale 1754 Sale 4 Sale Sale 1054 Sale 6454 Sale 554 Sale 1054 Sale 82 May 1 654 May 25 May 10 454 May 8 954 May 5 10 1354 May 1 May 1 50 5254 May 10 2 May 9 7 59 May May 154 May 554 May May May May 15 May 25 23 Sale May 4 3854 Sale a33 46 Sale 3854 May 11 1 31 Sale 2554 May 1 16 1754 May 2254 Sale 19 6354 Sale 62 Sale 15 22 24 _ 554 May 17 5 54 May 17 94 May May 80 May 8454 May 8 May 88 17 18 12 31 31 5154 May 29 1254 May 23 17 May 26 8 May 27 15 May 31 21 354 Jan. 3 354 Mar. 15 67 58 Jan. Jan. 59 Jan. 3 6 9 65 Jan. 254 Jan. 5 18 6 Feb. 23 94 17 18 12 31 31 May May May 8454 May 8 May 88 80 Jan. 14 1254 May 23 17 May 26 8 May 27 854 Apr. 20 Mar. 31 Feb. 2 Mar. 20 Apr. 4 Jan. 28 54 1054 Apr. 22 Apr. 13 21 3554 154 554 154 6 May 31 7054 May 24 38 58 54 May 31 49 554 May 1 1054 May 27 69 May 24 554 May 31 1154 May 19 2454 May 24 65 May 4 24 May 31 23 May 31 3954 May 18 47 May 6 31 May 25 23 May 15 654 Feb. 23 Mar. 2 54 Jan. 16 254 Feb. 3 45 Feb. 28 1 Mar. 30 454 Apr. 21 12 Feb. 27 5154 Mar. 5 Feb. 2 Jan. 10 5854 May 31 654 Apr. 20 1054 Apr. 21 69 Apr. 24 May 31 May 19 May 24 16 2 Jan. 2 May 31 May 31 May 18 19 2554 Feb. 27 3554 Apr. 21 21 May 31 7054 May 24 Feb. 24 Apr. Jan. 3 May 25 May 15 New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING MAY 1933. Shares 104,213,954 * In accordance with ots a 153,717,978 — Jan. 1 to May 31—— rule of the Stock Exchange, effective Oct. 3 1915, all stocks are now quoted except in the case of stocks which AGGREGATE SALES. sell only in a small way. 1932. 1933. $377,017,900 $261,621,400 1,334,941,600 May 23,136,913 215,239,599 Jan. 1 to May 31 ' Bond Sales. 1932. 1933. Stock Sales. May 1,278,788,300 Prices are on basis of 100-share dollars per share Option sales are disregarded PRICES STOCKS N. Y. STOCK EXCHANGE Jan. 3 May. Shares. Shares. Par. Bid Susquehanna. 100 145 Allegh Ac West Ry 6% gtd.100 I,582,755 Atchison Top Ac S Fe——100 40 RANGE SINCE JAN. 1. IN MAY. Price Since Jan. 1. In 1933. Albany 580.700 10,700 155.700 603.000 45,310 16,300 300 3,600 8,300 600 6,200 706,400 22 % 100 70 26 506,100 31,500 109,100 21,700 29,000 330 190,400 520,100 8,900 Sale 13% Sale 15% Sale 30% Sale Sale Sale 40 14% 30% Sale 46 50% 45 % 10< 100 1 10<> 100 80,900 Chicago Great Western._10< Preferred 100 100,000 40 Chic Indlanap At Louis* pflOO 96,100 Chic Mil St Paul Ac Pacific..* Preferred ..100 265.200 50 10 C C C At St Louis pref 40 Common 8 "56k 69 26% 25 AVi Sale 2 1% 6% 8% 6 1 1% 2% 10% 14 Sale Sale At 20 15% J 2% 48 2 pref 100 2% 3% 49% 21% 50 Western.. Denver Rio Gr Ac Wes 2,600 83,400 38,600 6,000 108,600 64,500 12,500 Sale 3% 11 11% May 40 May 10 70 367,100 822,700 30 "3",800 8,600 5,700 11,600 IS 54" Sale" 70 4% First preferred 100 preferred.......100 Erie At Pittsburgh ....50 Great Northern pref....-100 Green Bay At Western 100 Gulf Mobile At Northern..l00 Preferred. ...100 5% Second 3 20 800| 353,600, 6,400, 680. 1,650' 79,900 ""'130 Sale Sale Sale Sale 1 Sale 1 Sale aVA Sale 75 2% Sale 6% Sale 1% 6 Sale 2 2% Sale Sale Sale Sale Sale 60 1,290 1,300 1,880 3,150 52.960 72,906 1,100 25 15% Sale 8% 40 5% Sale 5% 8% Kansas City Southern.. pflOO 100 21,400 Preferred........ —100 249,700 Lehigh Valley.. 50 364,745 Louisville Ac Nashville....100 460 90 "MOO 2,600 10 470 6,900 1,800 2,100 780 236,400 75,300 40,400 75,600 780 11% 26,600 49,000 3,060 72 Sale Sale Sale 2 5% 1 22 8 13% 15% Sale 11% 50 4 3% 13% 27% Sale Sale Sale 17% Sale Sale 9 6% Sale 1 A* Sale Sale 2 8 Sale 175 1 Sale 16 Sale 11 Sale 22) 123 8 % 4% 14% 35 Sale 14% May 31 44 May 26 1 4% Sale 30% Sale 42 Sale 2 Sale 27 Sale 51 Sale 17 20 2 1% 3% 10% 2 Preferred series A.....100 New York At Harlem 60 103 3% 50 N Y Lackawanna Ar Wear. 100 Ex-dividend 90 3 Sale 106 Sale 5 Sale 21 15% % Sale % % 5% 14% 18% Sale 29 Sale 14 % % 6% 1 Sale 12% Sale 18% 9% Sale % 1% 7% 2% Sale % 56 Sale Sale 2% Sale 3% Sale 55 46% Sale 26 s, Sale 10* 3$ Sale 3% 4 Sale Sale % 3 3 73 143 28% 3% 4% 60 45% 24% Sale 1% 7% Sale 2% Sale 37% MayJ24 80% Mar. 27 6% May 19 50 May 18 16% May 29 6 7% Apr. 40 May Jan. 3 6 24 31 1% Apr. 5 2 Apr. 5 2 Apr. 5 3 Apr. 10 2 Apr. 11 5% May May 15 May 4 May 6% May 10 17 18 26 19 2 2 May 2 May 25 May 15 May 16% May o 5 May ivj.ay 6% May 1 3 4 2 t 9 30 25 May May 29 May 24% May 8% May o>i xviay 9% May 1 3 27 26 17 1/ 17 59 May 9 25% May 9 4% May 2 3 May 10 75% May 31 34% May 29 7% May 27 3 May 10 % May 26 % May 2 38 19 Jan. 2 May 2 Feb. 20 30 Jan. May 1 May 3 May 27 3% May 1 16% May 3 41% May 17 3% May 12% May 27% May 1 2 1 3% May 1 16% May 3 41% May 17 1% Feb. 21 11% Feb. 27 27% Apr. 29 32% May May May 19% May 8% May 4% May 3% May 14 May 1% May 16 Mar. 31 32% 4% 4% 1% 1% 4% Jan. Apr. Feb. Mar. Mar. Apr. Jan. 31 29 18 25 24 15 15 17 11 31 62 11% May 21 16% May 31 11 May 31 50 Jan. 11 23% May 29 10 Mar. 30 9% May 29 17 May 27 9% May 29 May 27 49 31 10% May 19 16 May 13 9% May 5 13% May 5 11% May 18 3% Feb. 4 2 May 2 May 10 Mar. 23 % Feb. 23 % Feb. 14 3 28 17 43 18 26 19 75% May 31 34% May 29 7% May 27 3 May 10 5 Mar. 23 1% May 27 1% May 31 Feb. 2 2 1 17% May 21 May 36% May 9 May 5% May 2% May 2 May 8 May 1 May 1 17 37% Feb. 25 17% Feb. 25 May May 11% May 31 16% May 31 11 May 31 45 May 29 23% May 29 Apr. 5% May May 15 May 4 May 6% May 10 25 3% Apr. 4 4% Apr. 3 2% Apr. 4 45 Apr. 15 4% Apr. 5 10 Mar. 30 1% Mar. 31 2% Mar. 31 1 8% May 1 5% May 1 45 May 29 14% May 9 90 15% Feb. 24 12% Apr. 10 10 Mar. 2 1 % Feb. 24 2% Jan. 6 5 6 % May 14% May 31 44% Feb. 11 45 Apr. 24 67 May 29 88% May 31 37% May 31 2% May 25 3% May 25 30 May 1% May 27 1% May 31 3Ih 10% May 15 May 14 May 38 May 19% May 31 29% May 24 20% May 31 54 May 31 15 24% May 23 16% May 24 2% May 25 May 3 9% May 2 % May 15 Sale 10 Sale 20 3 8 9 May May May May 4 May 7% May 15 May 29% May 31 29 11 29 25 31 31 31 Sale 2% May 3% May May 24% May May % May 17 3% May 6 May May 46 May % May 1 May 18 18 Sale 4% Sale Sale 65 Sale Sale 2 Sale 111 18 26 Feb. Feb. Mar. Apr. Apr. 8% Apr. 5 29 __ 24% May 26 8% May 17 9% May 17 28 32% May 31 May 29 49 May 18 19% May 25 8% May 24 4% May 15 3% May 15 14 May 17 2% Apr. 27 6% Feb. 27 £12 Mar. 31 8% Feb. 24 21% Jan. 3 19% May 31 29% May 24 20% May 31 54 May 31 Mar. 16 Jan. 3 % Feb. 21 1 Jan. 25 1% Mar. 3 24% May 23 16% May 24 2% May 25 21 Jan. 23 Mar. 20 % May 29 1 9 18 27 27 -3 1 43 166" 175" 15 13 4 4 12% 19% 39 Sale Feb. Feb. 21% 64% 3% 35% 50% Apr. 4 Apr. 4 24% Feb. 28 % Apr. 18 % Apr. 5 58 May 18 90 Apr. 1 1% Apr. 6 2% Apr. 5 60 May 20 1 Apr. 6 1% Feb. 28 67 May 29 88% May 31 37% May 31 2% May 25 3% May 25 58 May 18 50 40 Sale Sale Jan. 68% Jan. 2 May 19* 17 11% 14% Sale 6 N. Y. Chicago At St Louis. 100 May May May May 5% May Sale 11 45 35 Sale 15% 100 5% a7% 4% 6% 30 Sale 1% 175 7% .11 10% — x 10 1 Sale Sale Optional sale, 1 183 73 33 8 4% 3% 3% 10 1% Sale a Sale 8 Sale 5 2 5,500 Nash Chatt Ac St Louis... 100 12,100 Nat Rys of Mex 2nd pref—100 1st preferred 1,220 100 No par valile. Sale Sale 50 3 pref.. 25 Sale 453 4% non-cum 18 28 24% 7% 21 4% 2% May 1 6% May 1 6 May 20 1% May 1 2% May 1 30 32% 6% 6% Sale 8% Sale 5% Sale 20 27 31 29 31 31 31 29 79 48 60 36% Sale 50 10% May May 32% May % May 1 May 58 May 18 2 Sale " New York Central 37% May 24 79% May 24 6% May 19 50 May 18 16% May 29 8 22 100 2,653,140 35,400 73,800 4,960 Sale 32% Convertible preferred.. 100 263 Morris At Essex............50 20 30 * Sale 10< Missouri Pacific Sale 9% Sale 8 18 30 New Orl Tex At Mexico ....100 1,10"0",966 4 15 24% .............. 86,900 189,400 7 Sale Sale Sale 4% Sale 7% Sale ..........100 Prior preferred Second preferred 8% 14% 61 5% .100 9,900 Minneapolis At St Louis..100 3,900 Minn St Paul At S S M 100 4,300 Preferred 100 Leased line 1,700 ...—..100 416,200 Mo Kan-Texas —.._—* 169,100 Preferred series A......100 100 3,280 5,000 Preferred Sale 30 1,085 Manhattan Ry mod 5% gu 100 Mod guar 286,500 ,_10t 1,240 Market Street Ry 101 610 6 27 3 14% 100 14,600 152,600 96,000 97,600 30 21 ..* Certificates..........——* Preferred...... 10(1 Jollet At Chicago RR 7% Sale 12% Sale Sale 30 15 4 l& ......100 Central 9% 9% 3% % 1 Rys of Cent Amer Iowa Sale 2 3 ...100 679,100 Illinois Central 6% pref series A 100 8,900 Leased line stock ...100 1,410 RR sec stock ctfs ser A 1000 2,690 292,000 Interboro Rap Tran v t c .100 Int 75 5 May May May 22 May 29% May £34% May 91 May 70 34% Feb. 50 Apr. 16% Feb. 8% Feb. 9% Apr. 10% May 19 16 May 13 9% May 5 13% May 5 11% May 18 64 32% 1% Ry Preferred 880 5 50 37,800 Hudson Ac Manhattan....10C Preferred 100 1,600 640 Sale Sale 10 ... Havana Elec. 17,100 100 ......... 1 6 54 64 18 5% . 27 31 29 31 31 31 29 42 ..... 100 Preferred May 9 May 6 May 1 May 17 May 1 Sale 3 Duluth South Sh At Atl..l00 Erie 30% 74%. 3% 44% 12% Sale 19% 40 100 1,100 3,300 Highest Sale Prices. 26 Sale 11 50 Detroit At Mackinac Ry—100 Preferred 100 50 ""'900 54% May 50% May 1 70 May May 1 79 May 29% May 9 48 13 May May 9 22 15% May 1 29% May 29 May 10 £34% May May 83 May 3 91 63 62 35 Hudson...—100 At Lack Del Sale 481% 2% 56% 2d preferred Delaware Lowest. Sale Prices. Sale 4% 6% 5% .......100 100 34,000 Conaolld RR of Cuba pref. 100 1,170 Cuba RR pref 100 663,800 1,195,900 11,400 Sale 4 40 80 8 1st preferred 780 91% 26 Sale 5% Sale 110 Cleveland At Pittsburgh—50 10 Special .....50 400 Colorado Ac Southern...-100 7,485 Highest. Sale Price*. 70 ~~2% Sale 100 Common Sale Sale 60 100 845,900 Chicago At North West Preferred .......100 53,300 100 148,500 Chic Rock Isl At Pac 7% proffer red.. ......—100 41,300 6% preferred ....—.100 44,200 150 Chi St P M Ac O 7% pref—100 10 Sale Sale Sale 3% 32% 7% Sale IY 72 % 101 6% preferred Sale 12 100 Stamped Central RR of N J. 14,000 100 18,800 Pacific.. Canadian 1,273,600 Chesapeake Ac Ohio 4,400 Chic Ac East 111 RR 10 670 Sale Sale 30 70 —101 100 Canada Southern. 240 Carolina Clinch Ac Ohio ..100 """16 5,190 -50 .25 1,322.692 320 40 ifa 26 % 12,400 62,900 187,800 60 Sale 853,600 Bklyn-Manhattan Transit $6 preferred series A......* 29,400 12,800 Brooklyn Ac Queens Transit.* Preferred * 1,700 10,100 Boston Ac Maine.......—100 """180 62,900 ......... 20 Beech Creek RR 8,500 379,300 3,400 7,700 ei'Ioo 50% Sale 63% Sale 75 Preferred 940 Lowest. 70 Sale 21 80 10 k 58 ...... Ask. 158 67% Prefer red 100 33,900 100 301,000 Atlan Coast Line RR II,145,050 Baltimore At Ohio........100 Preferred 100 126,410 50 32,400 Bangor Ac Aroostook * 199.465 Ac Ask. Bid. Bid. Sale Prices. May 31. May 1. Ask 2% % % 1% 1% 5 8 May 29 May 9 May 16 May 13 May May May 55 6% % % 3% 60 5 29 6 Sale 24 % Apr. 3% May 4 May 7 k Mar. 15 May 29% May 27 1 1% Apr. 1 1% Apr. 49% Apr. 22 4% Jan. 11 Jan. 10 60 5 46 13 Jan. 3 % Jan. % Mar. 16 18 29 May 3% May Sale 4 137 Sale 110 85 May May 2 1 1 8 36% May 31 10% May 27 15 May 25 148% May 27 25 % Apr. 11 4 Apr. 10 5% Jan. 3 11% Jan. 3 Feb. 2 14 Feb. Jan. , 7 29 25 20 31 31 iH May 5 May 29 May 18 May 29 9 Feb. 25 99 AW Sale Jan. 1 6% May 31 Feb. 9 100 80 12% May 12 2 36% May 31 2% Jan. 25 10% May 27 May 25 2% Apr. 11 15 100 Mar. 31 148% May 27 75% .Tan. 12 105 28 Jan. 23 75% Jan. 8 N. Y. STOCK 32 EXCHANGE-STOCKS •s Since STOCKS Price N. 7. STOCK EXCHANGE In May. Jan. 3 Jan. 1. Shares. 359,300 28,600 80,700 12,600 7,200 17,100 260 10 327,100 120 120 400 686,400 12,200 11,700 6,425 6,280 "2,866 Par. 787,600 N Y N H & Hartford 100 86,800 Convertible preferred.-100 223,900 N Y Ontario 9c Weatern__100 13,300 NYRya pf * 12,000 Norfolk Southern.— 100 42,800 Norfolk 9c Weatern 100 1,280. Preferred 100 20 Northern Central...... 00 725,822 Northern Pacific. 100 590 Pacific Coast 100 380 First preferred..... 100 1,031 2d preferred...........100 1,795,800 Pennsylvania -.—50 12,600 Peoria 9c Eastern 100 16,344 Pere Marquette 100 13,130 Prior preferred 100 10,350 Preferred 100 Phlla Rapid Tranait pref..50 9,600 Pittsb 9c West Virginia..100 Pitta Ft Wayne 9c Chicago. 100 150 Preferred 100 20 Pittsb McKeesp & Yough^-SO 10 Pitts Youngs flt Ash pf 7% 100 59,400 Reading Company 50 43,000 First preferred 50 7,500 Second preferred 50 144 Rensselaer 9c Saratoga 100 10 30,400 1,600 5,200 130 10,000 Rutland RR. pref 3,600 27,100 15,500 1,300 ... 105,600 12,000 821,300 478,700 133,200 1,800 1,100 21,300 2,000 I 390 292,000 5.800 •: 9,300 17,700 100 155,200 22,300 v 12,100 23,600 7% Sale Sale Sale 120,800 Seaboard Air Line * 14,300 Preferred 100 1,842,400 Southern Pacific Co 100 786,900 Southern Railway 100 280,800 Preferred 100 3,200 Mobile 9c Ohio certlfa.-lOO 2,000 Texas 9c Pacific.... .100 38,000 Third Avenue 100 4,400 Twin City Rapid Tranait * 1,010 Preferred 100 1,091,200 Union Pacific... 100 24,200 Preferred 100 13,600 Wabash 100 27,000 Preferred A.. 100 800 158 252,200 1,700 44,300 30,200 15,000 83.500 121,700 12,000 396,600 2,800 260,300 22,400 10,300 6,900 7% Sale 12 8% 5,000 168,000 11,700 29,500 3,700 148,400 200 400 44,600 54.700 2,150 51,500 7,380 24,800 * ........100 Preferred ....... 13% L34 280 586,700 3,700 59,900 13,900 4,000 1,400 11,200 100 Adams Mlllla .* Addressograph Multigraph.* Advance Rumely ........* Affiliated Products....... • Air Reduction Inc • Air-Way Elec Appll Corp ♦ Juneau Gold Min.10 A P W Paper Co Allegheny Corp 160 "95" 120"' 25 25 22 Sale 96 99 45* 1 265* 25 6 Sale IX Sale 75* 4 5 40 X Sale x x 16 x Sale 5 Sale 6X Sale 6 9 16 40 55* 65* l* a* 7 12% 71% Sale 60 64 34 Sale 52 30 Sale 31 34X Sale —.100 9 11 1% 1% 3x 4x 605",700 39,300 14,100 41,800 5,600 56,800 40,400 50,000 2 152 May 9 24 §8* 70 Jan. Feb. Apr. 5 20 20% 13% 17x 18 23 5% 1 sx 77 Sale Sale Sale 22% 35 Sale ix 9% Sale 62% Sale 1% Sale 2% Sale ix 3 8% Sale 32% Sale 105 15% 12 Sale 2 i§* 21 May 31 15* May 1% May 6 May Sale Sale Sale Sale Sale 33 9 Sale 195* 125* 165* 195* Sale iff w 26 Sale Sale 55* 15* Sale 25* Sale 109% 71% 2% Sale 77 Sale a61 ' Sale §t Sale 15* r* i» Sale Sale Sale Sale Sale 40 10 9 May 31 May May May May May May May 20 23 29 23 31 31 26 25* May 17 3 3 13 May 8 May 31 26 33 94 925* 1005* 95* Sale 635* Sale 165* Sale 9% Sale 65* Sale 85* Sale 785* Sale 35* Sale May 15* May 25* May 265* May 175* May 325* 36 May 33 May May 95* 3 May 12 May 112 May May 715* 3 May May 45* May 25 May May 45* May May 85* it* May May May May May May May May May May May May May May May 155* 25 77 21% 100% 4% Sale 50 64 14% Sale 10 2 Sale 7% 63% 11% 8% Sale Sale Sale Sale 3x Sale 3 95* Sale 58 Sale 11 Sale 67 x Sale 1% Sale 2 Sale Sale 1 13 x 1 ix 2X 1% ix 7 ix Sale ix Sale 3 2x 2% sx ix 155* 15* 15* 2% 2 45* Sale 8 Sale 15* 35* Sale 1% Sale 18 3 Sale Sale 25* 55* Sale Sale 5 Sale 55* Sale 25 , May 805* May 65* May 62 May 115* May 75* May 3 May 75* May 65 May 15* May 135* May 2 May 15* May 25* May 15* May 15* May 12 May Sale 87 115 Sale 12 May May May May May May May May May May May May May May May May May May 175* Sale 14 Sale 102 Sale 119 118 116 Agrlc Chem Preferred 125. 105* * * iV Sale 2% Sale 255* 375* 3 Sale 95* M 285* Sale 215* 195* Sale Sale 21 Sale Sale Sale 175* 15^ Sale jx Sale 495* 53* Sale 395* 45* 23 Sale 37 Sale 23 iSH Sale 275* Sale 19 85 Sale 83 Sale" 77 895* Sale 117% Sale 7 16x 2 • 100 Sale 39X * American Chicle 4 Jan. 25 Feb. 25 Feb. 25 Jan. 3 Feb. 17 Mar. 3 Jan. 3 Feb. 28 65* Apr. 19 265* 485* 135* 2x 25* 143 Apr. 49 May 985* May 235* Apr. 25 Apr. 235* Mar. 97 May Jan. 31 May 20 985* May 23 55 May 29 315* May 23 325* May 31 105 May 31 165* May 26 49 Jan. 6 5 May 25 245* May 31 45* May 19 65* May 29 3 May 19 28 May 31 May 25 195* May 27 255* May 25 n. 21 5* May 31 5* Jan. 30 1 Apr. 17 55* Mar. 15 25* May 17 May 8 May 31 3 13 May May May May 31 31 25 31 31 31 31 25 31 5* Jan. 27 31 27 27 25 25 25 26 26 % 115* 45* 55* 8 Mar. Feb. Mar. Jan. Jan. 15 Apr. 45* Feb. 15* Jan. 5J* Apr. Apr. Apr. Jan. Apr. Jan. Feb. _ 55* Jan. 1 Apr. 15* Mar. May 31 May 31 265* May 31 175* May 25 325* May 31 36 May 31 33 May 31 May 31 May 25 12 May 31 5112 May 27 6 715* May 31 3 May 27 45* May 27 May 25 May 25 May 25 45* May 26 85* May 26 Iff I* !* Feb. 17 11 Feb. 17 12 19 2 33 90 10 65 26 2 3 19 2 1 185 95 75* 115* 825* 4 20 35* 3 55* 55* 55* 2 May May May May May May May May May May May May May May May May 31 26 31 18 27 27 29 1 29 23 27 9 31 31 29 29 175* May 31 Sale 18 4 130 Sale 155* Sale 305* Sale 22 Sale 41 Sale 3 Sale 7 65* Sale sx 36 x 13 37 Sale 15 20 445* Sale 43 Sale 14 50 15 165* 21 45* Sale 85 775* 1165* 9 1095* May 24 May 27 9 120 2 175* May 31 10 165* May 24 4 May 18 8 1 255* May 29 2 395* May 31 3 May 31 29 29 215* May 31 2 205* May 31 May 29 2 23 1 495* May 31 55* May 17 3 1 425* May 16 May 31 2 29 May 10 31 90 8 935* May 29 May 29 3 130 145* May 9 305* May 1 3 May 1 7 May 1 42 May 24 255* May 425* May 65* May 145* May 445* May 27 31 31 29 1 13H Feb. 23 Mar. 3 3 Feb. 28 39 Apr. 11 8 Apr. 7 55* Apr. 15 15* Feb. 21 75* May 26 475* Feb. 25 80 33 May May May May May 31 26 31 18 27 5* Feb. 28 115* Jan. 14 Jan. 5 5* Apr. 4 1 5 15* Mar. 30 15* Apr. 17 1 Apr. 5 Mar. 30 705* Feb. 115 Apr. 6 Feb. Jan. Feb. 185* Mar. 2 May 105* Mar. v 34 Iff 60 Mar. Mar. Apr. Jan. Jan. Mar. Mar. 495* Feb. 112 Feb. 65* Feb. 23 15 Feb. 2S 15* Mar. 31 35* Mar. 1 34 Mar. 10 65 18 10 7 11 Jan. 3 May 29 May 1 825* May 29 4 May 23 20 May 27 35* May 9 3 May 31 55* May 31 55* May 29 55* May 29 175* May 31 1095* May 24 1 1215* Feb. 175* May 31 165* May 24 May 18 255* May 29 395* May 31 3 May 31 May 31 May 31 23 May 29 495* May 31 55* Apr. 20 425* May 16 29 May 31 90 May 10 935* May 29 1285* Jan. 28 Feb. ? 90 2 255* 425* 65* 14J* 445* May May May May May 27 31 31 29 1 Alleghany New 25 2 10 10 .......20 19% 3% Sale ox * 85 (6) » Steamship si 10 Amer Hide At Leather * Preferred 14 si 100 Amer Home Products * 10% 140 65* Sale 9 Si Sale sx 9 6 Si Sale ............ 2d pref A 50 25* Sale Sale 315* Sale" 55* Sale 105* Sale 85 140 85 10 Sale 175* 135* 105* 65* 65* Sale Sale Sale 65* 24 Sale 125* Sale 235* Sale 195* Sale 155* Sale 105* 105* 155* Sale 435* Sale 21 Sale 2 1 Amer Encaustic Tiling .....* Am Hawaiian iff Sale 17 liff 100 Preferred 165* Sale 295* » ..... Preferred 2 • Chain of Sale 100 Foundry.... Co Sale (Conn)..* ... Preferred Preferred Apr.5 11 Sale 12 100 Coal Mar. 15 31 45 95 American 4 40 45 * Amer Car At 4 25 9 15* 25* 4 21 ♦ 100 1,105,400 Am Ac Foreign Power.....__* 112,600 6 Sale Allied Chem Ac Dye Preferred Am European Securities 10 American Express Co 97,500 49,600 81,310 9,800 69,600 47,200 Sale Sale 1 May 20 49 985* May 23 985* 33 55 May 1 29 May 2 315* 255* May 1 325* 97 May 15 105 105* May 2 165* Sale 26% 26% 83 • Am Com Alcohol v t c 19,200 18,300 Mar. 31 25 31 19 29 19 31 25 27 25 31 27 Jan. 134 116 7x • County, N J 9,000 American Colortype... 16,400 8,700 135* May 49 102 7 ........ 347",600 27 150 15* "35* 97,000 Amer Agrlc Chemical (Del).* 10 84,100 American Bank Note.. Preferred 50 3,210 * 107,400 American Beet Sugar Preferred ........100 15,190 • 53,800 Am Brake S Ac F Preferred ...100 1,490 25 2,014,500 American Can Preferred .....100 13,750 235" 100 135 8 Pref series A $30 ex-war .100 Pref series A $40 warr'ts 100 Am 4,900 110 49 • Pref series A $30 warr'ta .100 200 Amer 104,900 28,100 6,200 2,600 34,400 Sale Sale 100 135" * . 31,000 265,620 Allis Chalmers Mfg 21,100 Alpha Portland Cement 34,600 Amalgamated Leather Preferred 6,510 232,900 Amerada Corp 500 Sale May May May May May May May May 31 31 18 29 19 27 May May May May May May Feb. Apr. 31 31 18 29 19 * 6,370 Alleghany Steel..... 1,537", 800 Sale May May May May May May May May May 35 Alliance Realty. 455",400 17% May 1 265* May 1 485* Sale 9 135* 10% May Sale 25* % May 15 Sale 2 % May 25* Sale 6 152 137% May 74 Sale May 9 82 70 69 May 25 70 Sale 8 245* 175* May 15* May 1 45* 3% Sale 45* May 22 65* 2 3 May 8 4% Sale 28 215* May Sale 15* May 65* Sale 75* May 195* Sale 115* May 255* Sale 215* 85* May Sale Sale Prices. Prices 111 Adams Express Preferred Alasna Sale 2 1 Highest. Sale Prices MISCELL. 9c Preferred 502,000 2,600 68,400 62,700 26,600 149.900 353,500 15,100 939,300 3,900 419,400 43,100 21,800 8,900 Ask. Sale Sale Sale 10 1 2a 21% Sale 100 100 100 100 100 .100 7,200 Abraham 9c Straus.. 140 18 285* Sale 11x Sale x 6a % a 140 Sale 77 Sale 1% 4% ........100 Preferred B._ 236,100 Western Maryland.... 27,500 Second preferred... 20,100 Western Pacific 31,500 Preferred Wheeling 9c Lake Erie 3,310 Preferred Bid. 19 X 100 Abitlbl Power 9c P....... 2,040 26 % 53,600 St Loul8>San Francisco..100 32,550 Preferred 100 2,300 Louis Southwest 100 Preferred ....—100 INDUSTRIAL 4,300 Ask Sale Ask. Highest. Lowest. Lowest. Sale Prices. May 31. May 1. 1933. Shares. 20 range since jan. 1. prices in may. aggregate sales. Sale 38 x Sale 6: Sale 375* Sale 40 25* May 45* May 31 2 Feb. 355* May 27 55* May 31 105* May 29 1 195* May 15* May 6 May 13 Feb. 1 Jan. Sale 35* Apr. 109 140 125* May May May 16* Msty May 155* May 445* May 425* May 85* May 17 May 135* May 105* May 65* May 55* May 23 May 36 May 31 31 11 12 29 29 31 31 May May May May May May May May May May May May May 27 29 31 12 31 iv 35* 75* 65* 45* 45* 25* 13 5* 295* Feb. Feb. Apr. Apr. Apr. Jan. Mar. Feb. Mar. 24 45* May 31 255* May 27 May 31 May 29 loi 109 Feb. 25 125* May 31 May 31 May 11 16* May 12 May 29 155* May 29 445* May 31 425* May 31 iv Rights 117,706 167", 200 American Ice 5,300 231,000 5,700 7,700 424,530 11,100 Amer 460 810 47,200 10,000 87,000 12,400 3,200 272,900 6,697 1,200 91,500 22,500 161,500 19,700 6,100 414,100 17,837 2,080 •No par value. Preferred. 4X Sale ...... .......100 ... Internet Corp.. 41 * 2 ...........100 Amer Locomotive Preferred ........ ...... Ex-Dividend. Sale 43 Sale Sale Sale Sale 185* 45* 35* 195* 625* 215* Sale Sale Sale Sale Sale Sale 125* Sale * 38 ..100 t/Ex-rightc 18 Sale 2 Voting trust ctfs........_* American News Co.........* Sale 105* Sale 5* Sale 45* Sale 14 J 3 ...100 ....... a Sale Sale 55 145* Sale Amer Machine 9c Metals.... • 6% Conv preferred 36 125* 35 * Am Mach Ac Foundry......_* American Metal 34 Sale 105* Sale 5* 5* * Am La France Ac Foamite Preferred 35 7 19 x a 20 Sale 185* Sale Optional Sale. 65* 335* 85* % 2 125* 345* 145* 25* 2 9 May May 10 9 May 4 May 1 May 9 May 1 May 2 May 10 May 1 May 95* May 355* May 185* May iv 12 45* IS* 195* 45* 35* 9 22 3 65 2 x24 31 31 31 31 24 29 29 5 35* Feb. 25 Feb. 45* 5* 15* 55* 175* 85* Feb. Apr. Jan. Jan. Jan. Feb. 135* May May May 5* May May May May 195* May 45* May <&V* May 22 May 65 May 27 29 31 12 31 31 31 31 31 24 29 29 Feb. 6 56 12 # 30 n. y. stock June, 1933.] AGGREGATE SALES May. 1933. Shares. 356,300 Par. Amer Power 8c Light.. 685,600 . Preferred 28,900 30,900 90 990 .......100 Preferred 604',720 382,400 7,900 6,600 16,100 American Republics.. Am Rolling Mill 35,200, Preferred .........100 2d Preferred.. 25,300 37,800 American Snuff ..........25 Preferred. ...........100 880 Amer Solv 8c Ghem Corp... . . Preferred. 99,900 430 8.400 4,415 288,900 214,600 7,100 160,000 89,900 12,800 2,440 83,700 2,200 992,500 3,500 139,100 193,100 1,590 55,800 336,800 12,300 172,500 3,084,745 152.400 1,116,500 14,200 16,300 6,405 406,000 254,600 11,100 243,100 218,100 16,830 2,840 124,200 4.100 1,978,065 4,800 172,100 340 860 1,100 16,600 2,800 31,300 80 710 12,000 402,200 307,200 63,700 18,800 1,560 24,400 748,600 494,100 140,500 28,100 3,280 1,980 50 500 15,300 92,600 2,400 2,500 450 800 400 426,100 32,800 630 Amer Steel 11,200 6,600 11,700 6,000 580 12% 2» 16/ 12 % 17% 14% 9% Sale Sale Sale 92 100 15% Sale 18% Sale Sale 33 2ltt 31 30% 101 Sale 5% Sale % 7/i Sale 18 Sale 34% Sale 75% Sale 57% 62 60 Sale 48 Sale 32% Sale 101% 105 VA Sale Sale Sale 103 Sale 13 % a 34 20% 22 43% 104 Sale 105 Sale 47 Sale 105 May 9 10 Lowest. Highest. Sale Price. 4 Feb. 27 May 31 Sale Price. 10 May 31 May 14% May 9% May 92% May 26% May 17 22% May 17 13% May 31 105 May 26 9% Apr. 26% Apr. 22% 4% Feb. 27 13% 81% Apr. 6 105 May May May May 13 May May May May May May May May 19% May May 5% May May 18% May 36% May 75% May 60% May 47% May 105 May 29 31 31 17 19 29 31 29 29 5% 20% % % 29 31 31 17 19 29 31 May 29 May 29 10 May 50 May 39% May 49% May 97 May 9% May 98% May 76 May 77% May 107 May 7% May 15 May 18 May 14% May 45% May 8% May 36% May 16% May 70 May 45% May 62 May 103 May 16% May 120% May 86 May 89% May 112% May May May May May 67 May 12% May 47% May 31 5 31 29 18 31 29 29 29 22 13 May 23 % May 1% % 12% 26% 58 44 43 104 5% Sale 12 Sale Sale 68 Sale 45% Sale Sale 59 87 97 Sale 103 Sale * 7 10% Sale 15% 117% Sale Sale Sale Sale 115 Sale 100 Tobacco 25 25 ..........100 Type Founders .* • Sale Sale * Preferred Sale ........100 Am Wat Wks&El Certificates 1st preferred 53% * ....... American Woolen Sale Sale * Preferred 100 Writing Paper tr ctfs* » Pref voting trust ctfs.. Preferred Anchor Gap Corp..........* Preferred Preferred.. ........100 Armour (Del) pref 100 Armour of Illinois class A..25 Class B. 25 Preferred ..100 Arnold Constable Corp.. Corporation Preferred * 2% 10% 95% 41 1% 6 12 99 Sale Sale % Sale 7% Sale 1% 1% • 100 Sale 50 4 F h 18 27% Sale 18% 14% Sale 27 Sale Sale 23% Sale 46 Sale 65 Sale 8% 40% Sale 11% Sale 45% Sale Sale Sale Sale 5 18 97 60 3% 2% Sale 8 Sale Sale A* Sale 101 Sale Sale Sale 22 Sale. 3% 3% 50% 3% Sale 4 "4% Sale b Sale 26% 21 31% Sale ......25 14% 4% 5% 15% 11 • Stores 17 8% 61 7 11 Sale 9 61 Sale 85 Sale 13 25 Atlas Powder............... • Preferred..............100 Sale Sale 21 100 Sale 8 ...100 Sale 75 15 .....100 1st preferred...... 2d preferred.... Sale 83% Sale 86% Sale Sale 109% 112 12% 69% ...* ... 81 16% 107 13 7 50 Anaconda Wire 8c Gable.._.* Andes Copper Mining Go...* Archer Daniels Mid....... * Sale 5% Sale 34% Sale 25 Anaconda Copper 101 2" * 1 Amer Zinc, Lead 8c Smelt Atlas Tack 25% Sale 17 50 1,300 Atl G 8c W I SS Lines Preferred 2,100 Atlantic Refining..... 13",500 Sale 22% Reflnlng.100 830 Associated Oil 740,700 52,700 1,984 7 40% 50 % 900 Art Metal Construction....10 17,580 Associated Apparel Indus..* 1 173,700 Associated Dry Goods : Highest. Sale Prices. 9% Sale 55 Telep 8c Teleg Artloom Ask. ...100 Preferred Am 7% 21% * Glass B Amer 17j * Toh American Lowest. Sale Prices. May 31. Ask. Bid. 7% Sale Sale 22 20 u?a && 7 % Sale 91 100 .........100 Preferred Amer May 1. Bid. 31% 22% Foundries.. Stores.. American Sugar Am Sum Ask. 33 9 Mar. Apr. Mar. 19% May May 5% May May May May May 33 Apr. 11% Mar. 10% Feb. 31 17 17 31 26 33 m Jan. 20% Jan. 32% Jan. 102% Jan. itF Feb. 23 ...... Preferred. American Atlas 360.800 25 25,100 American Safety Razor.....* * 6,000 American Seating * 23,200 Amer Ship 8c Gomm 2,090 American Shipbuilding ——* —* 987,100 Amer Smelt 8c Refining, 210 21,600 102,700 5,000 106,300 1,045,200 31,600 282,700 4,600 *' Am Radiator 8c Stand San..* 1,010 340.800 15,500 4,100 20,500 7% * * * $6 preferred A stpd 15 preferred new 59,000 62,300 1,409,700 Bid. .—........... Preferred (#) 778,600 RANGE SINCE JAN. 1. Price Jan. 3 Jan. 1. Shares. 33 PRICES IN MAY. stocks N. T. STOCK EXCHANGE Since In exchange—stocks 37 15% 13% 9 9% 18% IF Sale 1% Sale 5% Sale 8% Sale iff fit iF 45 Sale 15 Sale 14 11 17 Sale 25 Sale Sale 21% Sale Sale 67 70 21% Jan. 80 Jan. 6 Jan. 86% Apr. 49 M" 31% May 11 May 13 May 14% May 17 May 15% May 65 May Feb. W* May 70 May 45% May 62 May 19 103 May 13, 16% May 18 120% May May 231 86 25 89% May 2% Feb. 20 5 Feb. Feb. 4% Jan. Jan. Jan. Jan. 1% Feb. % Feb. 7 Feb. 18 Mar. Feb. Feb. Apr. Feb. fo\ 27 271 18 9 36 m 55% May May May May May Jan. May 3% May May May 45| May 20 1 May 15 ft May 15 May 26% May May 70 May B" Mar. Mar. Apr. Feb. Feb. 60 31 5 31 29 31 31 27 31 31 29 Mar. 18 Jan. 6% 4% 4% 12% 13 12 31 31 17 15 31 3 Feb. 15 14 2ZJF May 31 75% 1% Jan. 2 48% 3% % 3% Jan. May May May May May May May IF Feb. Mar. Feb. 31 5 31 29 18 31 29 29 29 May May May May May 14 May 24% May May May May % Feb. % Feb. 6 5 Feb. 50% Feb. 02% Mar. i'n7 4% Apr. 10 19% 10 Apr. 12 32% 31 £10% Apr. 28% 9% Apr. 31 25% 35 Mar. 67 17 3% Mar. 15 12% 22% Feb. 16 47% 31 May 31 May 5 9% May 31 49% May 29 17 May 31 14 May 31 24% May 27 81H May 31 May 31 24% May 29 100 May 4 75% May 31 6% May 17 4 May 17 36 May 31 4% May 26 5% May 31 50% May 4 5% May 31 3% May 5 May 27 May 27 45 May 27 20 May 31 15 May 5 15 May 16 26% May 29 21% May 29 70 May 10 2 tin 20 30 2 % May May May 53 34% May Sale 10% May 14 Sale 8 May 22% Sale 12% May Sale 68 May Sale 5 May 23 Sale 17% May 100 May 100% 100 75 Sale 59 May 6 Sale 3% May 3% Sale 1% May 20 34% Sale May 4 Sale 2% May Sale 3% May 60 50% May 4 5% Sale May 1 Sale May Sale 9% May 49 53 40 May 42 4% Feb. 37% Mar. Apr. 17 17 31 26 31 27 31 5 27 27 27 31 5 16 29 29 10 ........* Corp 3 • 882,000 Auburn Automobile 10,400 Austin, Nichols 8c Co Prior A 1,040 * ......* ....* 49 Bale*' 14* li* 47 3% Sale 2 2% 16% 16 7% 62 3 22% Sale Sale 3% 25 3 May 13 42% May 8 1% May 15 May 8% May 31 65% May 31 3% May 29 22 May 19 10% May 22 13% May 31 1% Feb. 27 31% Feb. 28 % Feb. 2 Feb. 24 8% May 31 65% May 31 3% May 29 22 May 19 5% Feb. 27 13 % May 31 13 Austrian Credit Anstalt Autosales * Preferred 884,500 491,800 21,990 378 250 100 2,400,700 50 ;.. Aviation Corp of Del (The). . 5 576,300 Baldwin Locomotive ...._..* Preferred 100 35,600 2,849 Bamberger (L) 8c Co pref..l00 720 630 Barker Bros 100 670 36,500 400 10,300 70,700 1,500 395,500 41,600 425,900 45,900 1,850 59,600 1,520 20 20 97,300 800 769,500 134,600 901,600 11% Sale 12% Sale 6% 18% 75% Sale Sale Sale 8% 30% Sale Sale 7% 100 Sale* Barnsdall Corp....... 5 Bayuk Cigars, lnc 1st preferred Beatrice * ........100 Creamery........50 Preferred 100 Beech-Nut Packing. 20 Beldlng Brothers...........* 30 11 % if 35 Sale 46* Sale' 15 4% Sale 5% 23% 65 Sale Sale 35% Sale Sale 78 Sale 69 Sale 75 ZW Sale 70 60 Sale 62 Sale Sale 6% Sale 77 75% 16% Sale 16% 5% Sale Belg Nat Rys part pref.... Bendlx Aviation Corp... 63% Sale 75 Sale 5 10 13% Sale Best Ac Co * 9% 10% 14% Sale 21 Sale 25% Sale 52 Sale 13% 8% Sale Sale Bethlehem Steel Corp • Sale 71,400 Blaw-Knox...... 1,660 Bloomlngdale Bros.........* Preferred. 8 ...100 90 Blumenthal 8c Co pref 176,700 3,200 2% a Sale May 16 May 75% May 1% May 8 May 9% May 11 32 8 1 May 11 82% May 16 2% May 31 15 May 31 3% 9% 68% % 5% Apr. Apr. Feb. Jan. Apr. 9% May 11 32 May 11 82% May 16 2% May 31 15 May 31 25 3% Sale 3 11% 7% preferred 100 120,500 5,240 Bigelow-Sanford Carpet lnc * 330 A 8 83 6 * 7% preferred 645,400 34,850 1,630 86,100 5,800 34,100 104,700 5,900 Sale • Preferred Bar net Leather 407,100 31,960 6% 4% Sale 12% Sale 71 79 Bohn Alum Ac Brass 61 100 21 Corp...* Bon Ami class A 80 lift s* 11" 90% Sale Sale Sale Sale Sale 16% 65 39 35 "60" Sale 23% 37% 64 * Sale Sale 67 31% 12% % Sale Sale 1 33% Sale 16 Sale 11 Sale 13 68 5 May 18% May May 16 May 70 May 58% May 4% May 73% May 12% May 19 May 24% May 49% May 13% May 7% May 10 May 65 May 35 May 21% May 63 May 69 8% May 31 37%. May 29 80 25 12 27 11 45 9 39% 3 66 1 35% 16% 2% 13% May 13 May 31 May 12 May 5 21% 85 64 7% 75% 17% 23% 28% 68% 19 2 15 16 18 14% 16% 65 35 31 5 Mar. 3% Jan. 31 17 May May May May May May May May May May May May May May May May May 3 9 12 25 2 22 9 22 15 3 27 7 45 Jan. 6 Mar. 2 Feb. 24 Jan. 5 3% Feb. 20 62% Apr. 7 6% Feb. 27 9 Mar. 27 31 27 27 27 16 10% 25% 6% 3% 6% 53 Jan. 18 24 Apr. 29 25 2 18 9% Mar. 52 2 Mar. 2 Feb. 28 Apr. 5 Feb. 28 Feb. 28 Feb. 25 19 2 23 8% May 31 37% May 29 80 May 31 21% May 17 85 May 25 64 May 12 7% May 27 75% May 11 17 % May 31 23% May 5 28% May 27 68% May 19 May 14% May 16% May 65 May 35% Feb. 39% May 66 May 31 27 27 27 16 14 29 25 Booth Fisheries. 1st preferred 215,000 177,000 4,300 1,300 100 658,300 Borden Co.(The).... 25 317,100 Borg-Warner Corp........10 4,400 Botany Cons Mills A.......50 * 4,600 Briggs Ac Stratton Brock way Motor Truck Preferred 23,600 9,000 400 265,600 50,300 29,000 54,100 56,300 384,700 73,500 39,800 66,400 70,900 2,420 66,300 4,300 134,100 63,700 6,100 2,450 750 45,400 3,300 108,200 52,100 4,600 2,150 100 260 400 236",300 13,300 1,500 300 21,700 15,300 4,400 241,200 1,190 c 700 580 400 300 Sale 8% Sale % % 8% 9% Preferred Sale 15 * * ...100 Brunswick-Balke-Coll ......* 77% Sale 32 35 108% 110 4% Sale 21 ...10 Conv preferred...........5 Sale 115 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale ..* Sale ■I* Sale 58 43 6 4% % 4% 5% 43% 1% * 1% Bullard Co • Sale 1% 4% * 5% 2 Sale Bulova Sale Sale 2 Budd Burns Wheel Watch Brothers Class Arte Preferred ........* ... ........ 2* * 5 100 Class B • Class B certificates Sale 4 Sale Sale % Sale j * Sale 13% Sale Sale 44 Sale Preferred 8 4 1 » 100 May May May May May May May May May May May May May May May May May May 23 80% 2 49% 12 113 2 12% 11% 2% 9% 14% 63 23 15 29 31 3% 14% 5% 10% 4% 2% 7* 1% May May May May May May May May May May May May May May May May May May 11 31 12 31 26 19 29 27 18 31 31 31 27 31 31 15 31 31 % 365,700, ByersCo 74 Sale Sale ..100 23, Gash sale* May 10% May % May 11 May 113 6% ni 100 Preferred 7% Sale Sale 4p Bucyrus-Erie Co G) Mfg Sale 115% 43% Brunsw'k Term 8c Ry Sec...* Preferred (7) 75 43% 111 361,000 Burroughs Add Mach • 24,600 Bush Terminal Co...... * Debenture stock.... 6,680 100 2,080 Bush Term Bldgs gtd pref. 100 37,000 Butte Copper Ac Zinc.......5 22,000 Butterlck.. .....* 10,800 Butte 8c Superior Mining..10 1,500 31 Feb. 27 5% Feb. 28 % May 4 7% Feb. 28 18 35% May 13 16% May 31 2% May 12 13% May 5 * Briggs Manufacturing._._._* Budd (E 2% ....100 52,500 Brooklyn Union Gas.. 16,400 Brown Shoe, lnc 10 24 Sale 3% Sale 7% Sale Sale 10 20 Sale Sale Sale 60 11% May 1 2% May 10 4% May 11 8 May 1% May 2% May 1 May 16% May 41 May 17% 3% 7% 10% 2% 4% 1% 24% 62 May May May May May May May 29 25 23 15 31 17 31 May 29 May 29 5 82 63% Apr. 28% Mar. 3 49% 108% Mar. 22 113 2% Feb. 24 12% 1% Mar. 3 11% % Jan. 11 2% 2 Feb. 27 9% 2% Feb. 23 14% 20% Mar. 31 63 % Apr. 15 3 1 Mar. 16 Feb. 8 2% % % % 1% 7 Feb. Mar. 2 Apr. 17 4 Jan. 6 Jan. 1 May 31 1 % Feb. 6% Feb. 14 1 1 Apr. 1 3 Apr. 26 31 1% Apr. 10 1 Feb. 10 8% Feb. 25 2 30% Mar. 7n Jan. May May May May May May May May May May May May 4% May 2% May May May 1% May 7* Feb. 4 11 31 12 31 26 19 29 27 18 31 31 31 27 31 31 15 31 31 1 May 29 Jan. <3* 23 2 Jan. Jan. May 4 May 1 May 24^ May 62 May 5 11 5 31 17 31 29 29 EXCHANGE-STOCKS N. Y. STOCK 34 RANGE SINCE JAN. 1. PRICES IN MAY. aggregate sales, N. Y. STOCK In Since May. Price Jan. 3 EXCHANGE Jan. 1. Shares. Shares. 1933. ' 11,700 295.300 58,600 12,500 300 68l",200 2,721,700 5,330 230,100 488,800 4,000 10,800 2,120 30,000 6,100 14,090 403,300 540,900 4,800 11,300 3.170 114,600 9,900 1.171 813,600 44,800 1,800 360 279,700 37,600 1,500 2334 Sale 134 Sale 8% Sale 19 34 10 Sale 2134 Sale Campbell W 8c C Foundry—* 5 Canada Dry Glng Ale Cannon Mills 3034 Sale 9% Sale 25 34 * Capital Admin Co Ltd c A. A......—B0 Preferred class Case (J I) Co Pref 7% Celanese Corp of Celotex Co Sale Sale 26% Sale 434 Sale 134 Sale 634 Sale 28 Sale 72 20 America.. * Voting trust certificates..• 100 Preferred Central Agulrre Associates.* Century Ribbon Mills * Preferred... 100 Cerro de Pasco Copp.. 334 Sale 7034 80 2234 Sale 434 Sale 1634 25 * * Certain-Teed Prod ...100 7% preferred Checker Cab "3,506 165,300 56,100 12,800 4,000 12,400 12,000 1,290 1,172,800 28,500 4,300 10 22,100 8,900 18",400 28,900 580 730 610 110,200 9834 100 82 34 Sale 47 4734 ♦ Coca-Cola Co (The) ...* Coca-Cola Internat Corp...* Class A 239,621 2,800 300 118,200 6,200 20 •7*516 670 160 25 21 20% Sale 2034 Sale 7934 77 3334 Sale 2734 May 25 27,400 117,700 884,600 14,500 24,400 808,900 63,100 232,000 2,138,800 47,300 59,850 1,467,400 4,500 163,300 54,100 87,200 136,300 176,900 27,400 300 125,000 42,200 61,200 110,700 130,600 11,000 Prior Prior 350 6534 1034 Sale Sale * 1934 Sale 7834 Sale 1134 Sale 66 82 634 1034 1234 Sale 42 30 Sale Sale Sale Sale ...100 72 2934 Sale 50 7134 Sale 1834 Sale 65 Sale 1634 Sale 234 Sale 4134 Sale Sale Sale Sale 69 1 1934 May 31 May 26 1234 ivAay 24 6334 May 17 1034 May 23 1234 May 31 45 May 24 75 May 17 1934 May 31 5734 May 6 5834 May 27 1734 May 29 334 May 17 4334 May 17 1334 May 24 30 May 26 21 May 31 22 May 29 77 May 27 79 3434 May 31 ..100 preferred (634) .—100 oref Consol Film z warrants..100 Industry......1 * Preferred Consolidated Gas..._..___.* L02 84 *i# 10% 3% 734 50 50 4% 44% 47 45% 1H 5% 59% 105 87 Sale Sale 13% Sale 67 55% 5% 46 4734 2% 0% Sale » 99 Consol Laundries Corp.....* Consolidated OH Corp * 4 Sale Sale 5% Sale 100 92 Pref $5 8% preferred Sale 1% % 34 3% Sale 34 % 3634 Sale % Consolidated Textile. Container Corp class A Class B 20 • Continental Bak clA * Class B ♦ Preferred 99 100 1 92 9334 1734 Sale 4 6 1134 Sale 934 Sale ..... 9434 May 1834 Sale 1534 May 8 334 May 10 11 May 2 934 May 1 52 May 26 1934 534 1434 1334 8 7 1434 Sale 1334 Sale 67 52 634 Sale 42 Sale 48 9234 Sale 8934 May 10 50 4734 48 234 Sale 834 Sale 4934 Sale 87 Sale 1234 Sale 2434 2934 4534 Sale 45 4734 5 1334 5434 Sale 1 Sale 1534 234 47 Sale 60 Sale Sale Sale Sale Sale 10234 Sale Sale Sale Sale Sale Sale 15434 Sale 534 Sale 58 Sale 1034 2534 Sale Sale 3 Sale 734 Sale 9634 110 34 Sale 4 2 Sale Sale 634 Sale 90 5 1134 99 134 634 3 634 May 40 May May 17 43 May 22 234 May 734 May 49 May 43 8434 2 84 634 9634 May May May May May May May 43% May 52 13 May 48% May 48 May 48 May 534 May 1434 May 5734 May 9034 May 5 May 1134 May 9834 May 134 May 8 May 334 May 1734 May 234 May 6234 May 9 25 17 29 29 26 465,700 Continental Can 20 42,900 Continental Diamond Fibre 5 216,400 Continental Insurance..2.50 714,500 Continental Motors. * 1,278,800 Continental OH of Del * 684,900 Corn Prod Refining 25 4,0801 Preferred 100 126,400 Coty, Inc • 93,300.Cream of Wheat ctfs * 159,700 18,300 41,700 15 Sale 234 Sale 6 Sale 5434 Sale 137% Sale 4 25 Sale Sale 20 Sale 234 934 7234 12934 334 30 Sale Sale Sale Sale Sale Sale 6 Sale 22 3 14 Sale Sale 7334 Sale Sale 534 Sale 3234 Sale 133 5934 1034 2634 334 5234 May 534 May 1934 May 2 May 834 May 67 May 12734 May 334 May 30 May May 27 May 31 5 10 31 29 16 31 3334 May 5 May May 15 May 7534 May 133 May 534 May 100 • * • 280 Crown Wll P 1st pf 15,600 Crown Zellerbach v t c 76,500 Crucible Steel of Amer Preferred 12,120 106,100 Cuba Co (The) 341,500 Cuban American Sugar Preferred 10,735 54,400 Cudahy Packing _ ....... 10 Sale 17 Sale Sale 46 Sale 24 27 2734 Sale 36 37 • 36,400,Crosley Radio 223,400.Crown Cor*.„ 8c Seal 27,500 Pref en ed 210 11,900 58,000 4,470 59,800 162,400 3,170 Sale Sale . Crex Carpet..; 23*566 3934 4% 1834 25 17 234 3 134 Sale * 100 1534 Sale 100 19 Sale 1 » 10 I* 100 50 22 2% 10 24 Sale 234 Sale 1734 Sale 3334 Sale 234 Sale 8 Sale 45 Sale 48 4134 434 Sale 24 51 Sale Sale 234 Sale 18* Sale 59 Sale 3834 Sale 4834 Sale 1634 Sale 4434 Sale 1834 Sale 50 2 Sale 3 Sale Sale 3 Sale 534 Sale 534 May 2134 May 2734 May 17 May 2 May 1634 May 2834 May 134 May to 534 May 16 40 May 16 38 May 9 2034 May May May May May 62K May 29 31 26 31 31 31 Feb. 28 all* it'A Apr. 49 Jan. Jan. 10 92 7334 Jan. 44 Apr. 47 2 31 17 27 27 1 4 1934 May 31 Jan. 18 1234 May 24 6334 May 17 12 Jan. 4 1234 May 31 45 May 24 7734 Jan. 16 1934 May 31 5734 May 6 5834 May 27 1734 May 29 334 May 17 50 Jan. 12 27 27 30 Mar. 30 Apr. 3 Apr. 4 6334 May 17 534 May 10 334 Apr. 4 7 81 49 3 16 Apr. 10 59 Mar. Mar. Apr. Feb. Mar. Apr. Apr. Feb. Feb. Mar. Mar. Mar. 9 45 2334 634 134 21 4 16 1834 1834 70 1334 May 24 May 26 21 May 31 22 May 29 77 May 27 22 21 24 Mar. Jan. zl8 3434 11134 11134 9734 10334 Jan. 84 Jan. 1034 May May May 3334 May 434 May 25 h May 5334 May 334 May 1134 May 6034 May 50 May 31 27 16 17 31 27 31 26 29 31 24 1934 May May 334 May 634 May 90 May 68 May 1634 May 634 May 31 29 17 17 11 18 27 31 52 38 9 Feb. Apr. Jan. 634 Feb. May 5534 Jan. 334 Apr. 33 Apr. 31 Apr. 3834 Apr. 52 72", 166 20,000 562,100 150,800 50,600 918,700 204,100 50 30 20,300 7,800 . ;? Preferred • Curf '.ss Wright Corp Class A 50 23,600 6,600 417,900 35,500 125,700 3,900 29,900 * 40 1 1 610 Cushmans Sons 7% pref.. 100 190 8% preferred.. • 3 74 60 1st Preferred ........... Dome Mines Ltd 100 .... 66,100 Dominion Stores Ltd * 333,700 Douglas Aircraft Co Inc ..* 10,400 Dresser (S R) Mfg conv cl A..* 37,500) Class B. • No Dar value x Ex-dividend a 5 68 82 934 Sale 334 Sale 86 95 82 7034 1634 Sale 6 Sale 3 3 7 734 Sale 1234 Sale Sale Sale 76 21 23 Sale Vkv* 19 70% 86 86 Sale 19 Sale 2234 2834 1734 1634 1434 Sale Sale Sale Sale Sale Sale Sale 2334 2734 Sale Sale 27 Sale 183 14 J Sale 67 10 26 Vr 2634 1234 Sale 1434 Sale 1134 Sale 734 8 % 234 Optional sale. May 22 May May May May 68 May 18 934 May 234 May 1434 4334 134 334 8234 51 Sale 2 66,900.Diamond Match............* 16,000| Participating 6% Pref._25 797,306 75 334 334 • 90 7734 234 170 Debenham Securities 36,200 Deere & Co pref ..........20 43,500 Detroit Edison .100 4,400 Devoe 8c Reynolds A.. * 390 Sale 434 * 30,480 Cutler-Hammer, Inc 19,900 Davega Stores Corp........5 100,700 Davison Chem 60 17,600 16,300 1,700 934 1234 4134 234 Sale Curtlss Publishing Co (The)* 57 13 6 12 Sale 1434 934 Sale 134 May May 57 May 1734 May 86 May 2234 May 2634 May 1634 May 16 May 1334 May 13 May 6 May 24 10 31 11 22 134 May 24 1234 May 31 79 May 29 2134 May 27 86 May 31 25 May 13 2834 May 1 2934 May 27 2034 May 17 16 May 29 17 May 17 1034 May 17 Mar. 2 1 Jan. 134 May 16 May 13 May 13 May 27 May 27 May 29 334 1734 234 6234 5934 May 27 1034 May 31 5 2634 May 334 May 10 May 31 15 7534 May 29 14534 Jan. 21 534 May 31 5 3334 May Mar. 23 Mar. 8 3534 Feb. 334 Feb. 1034 Mar. 1 Mar. 434 Mar. 4534 Feb. 11734 Mar. a2 May 31 31 3 *16 Jan. 1934 May 25 534 May 17 1434 May 29 1334 May 29 52 May 26 5534 Jan. 30 13 May 27 4834 May 12 5034 Apr. 22 4934 Apr. 13 May 29 1434 May 29 6334 Jan. 11 Jan. 3 99 534 Jan. 10 1134 May 31 10034 Jan. 11 Feb. 234 Mar. 28 Feb. 27 Feb. 27 May 1 10 Apr. 2 Mar. Feb. 27 Feb. 21 Jan. 16 Jan. 9 2034 Feb. 21 Curtlss Aeropl & Mot Co Inc • 32,466 6 5 31 29 31 24 May 26 May 23 134 May May 334 May 11 May 2934 May 9534 May 27 12 3 2 134 Jan. 29 5% Mar. 29 40 Apr. 31 Apr. 18 a80 234 Apr. 31 5 Mar. 31 9534 Mar. 13 34 Mar. 16 134 Jan. 13 34 Feb. 13 Mar. 3 27 34 Jan. 27 36 Jan. 29 1 137,600 29,200 107,700 607,200 794,300 206,500 1,360 63,300 < 29,800 May 29 May 27 22 34 May 31 >i« Jan. May May May May May , May May 3 2034 Jan7"l8 3134 May 31 734 Mar. 73i Mar. 45 Apr. 40 Apr. % Feb. 34 Mar. 134 Jan. 5 Mar. 90 16 74% May 27 75 May 27 2134 May 29 33 May 27 4% May 17 3 34 May 18 734 May 17 3034 May 5 5 May 18 71 May 20 2434 May 31 434 May 31 16 May 25 234 Mar. 534 Feb. 634 Jan. 5 Mar. 2 Feb. 6 Jan. 26 Jan. 104 ........100 Preferred 3,280 1?34 Sale 1,935 Convertible 27,700 Warrants stamped 1,000 1,537,500 Commercial Solvents..._.._* * 1,100 Conde-Nast Publlc'ns. 189,500 Congoleum-Nalrn Inc. .....* * 9,200 Congress Cigar 20 Conn Railway Ac Lighting 100 4% preferred 100 10 * 14,710 Consolidated Cigar...... 570 IB 20 100 preferred....* 230 1234 May 48 May 45 May 34 May 34 May 3 May 634 May 1534 May 90 May 80 May 4434 May 12 *34% preferred 552",400 «if* 8* 1634 May 30 * .... Preferred 645 7 May 29 19 May 27 2234 May 31 2034 May 29 May 31 May 26 May 31 May 31 6234 May 31 45 May 26 May 6 May 5 May 31 May 29 2934 May 31 9534 May 24 92 May 26 47 May 23 334 May 8 May 934 May 1434 May 4 May 934 May May 29 134 May 31 834 May 31 11 May 29 23 May 31 3134 May 29 9% May 25 25 Apr. 3134 May 31 Sale 2% Sale May 20 "l§"" May"l8 14 May 23 2034 May 1 Sale Sale 9 * ... ....... Comm Inv Trust 71 2434 May 31 434 May 31 16 May 25 24% 55 Sale 27% Commonwealth & Southern Preferred 68,000 183,400 Commercial Credit Class A 30,200 Preferred 7%.. 2,280 Preferred B 4,270 1st preferred 4,510 55 Sale 9% Sale Sale ....... Sale" Sale .....100 Preferred...... 16,200 Columbia G&E1 Preferred 100 Common * 1,597,475 500 5% pref series B 100 * 520,500 Columbian Carbon 50,200 Columbia Pictures Corp ▼ t c* 1,447,516 May 27 3154 May 29 33 May 27 4% May 17 334 May 18 734 May 11 3034 May 5 5 May 18 50 50 * .* Sale 69 May" 27 75 1234 May 1 May 634 May 9 6334 May 17 534 May 10 734 May 6 30 May 11 65 May 1 1534 May 1 40 May 5 3934 May 2 934 May 3 134 May 1 2834 May 1 534 May 1 17 May 1 19 May 1 1834 May 1 71 May 2 12% Sale 7934 7934 434 5% 50% 7034 10% 15 5% Sale 12 24 70 Sale 16 Sale .100 3,700 Colonial Beacon Oil Co 130,300 Colorado Fuel 8c Iron 960 7434 Highest. Sale Prices. 7% Mar. 2 % Jan. 19 2 Feb. 27 2 Feb. 28 734 Feb. 25 14 Feb. 2 434 Feb. 24 2534 Jan. 18 3034 Feb. 27 41 Feb. 27 534 Mar. 2 434 Feb. 27 % Mar. 15 % Feb. 4 133 Jan. 5 14 Jan. 3 2 Apr. 19 52 Feb. 27 534 Jan. 4 1 Jan. 9 4 Mar. 27 180 165 ...... Preferred 100 Sale Sale 29 ...100 Preferred Sale Sale Sale 55 Sale Sale Sale 11 * * ..* 234,950 Colgate-Palmolive-Peet Co..* Preferred. .............100 10,300 * 120,300 Collins & Alkman 470 139,100 4,900 14 5 Sale Sale 2334 1734 6234 4534 134 134 334 25 ........ Class A 10,900 100 400 1934 Sale Voting trust certificates..* 790 140,000 269,800 30,600 773,200 Sale 6 1,700 Clark Equipment 9,600 Cluett, Peabody 8c Co 43,000 1,500 , Chile Copper 620 3,300 889,700 21 * • 2534 May 29 134 May 31 834 May 31 11 May 29 23 May 31 3134 May 29 934 May 25 8 1 1 1 1 2 9 5534 May 60 May 1334 May 11 May 134 May 34 May 3 May 25 May 18 2 34 May 2 68 May 8 1834 May 15 134 May 2 10 May 2 Sale Sale 7 Sale Prices. Prices. May 34 May 434 May 434 May 1034 May 2234 May 634 May 3034 Sale ...* 10 Cbickasha Cotton OH ChildsCo Sale 17 "15"" "1734 18 ... Chicago Yellow Cab 9,100 170 1,600 77,000 1534 Sale 2134 Sale 54,500 City Ice 8c Fuel Preferred .........100 6,730 100 820 City Investing.. * 33,200 City Stores 570 2,300 82,500 Sale 15 * ..* Preferred 2,468,300 Chrysler Corporation 1,200 4,900 138,865 ... 78.0001 Chicago Pneum Tool 20,000 7,790 20,800 23,300 2,320 1834 1734 New.................... 432,100 Chesapeake Corp Sale 6934 100 100 * Caterpillar Tractor Ask 3 id. Bid. Par. Calif Packing Corp. ..10 60,900 Callahan Zinc-Lead 215,600 Calumet & Hecla Cons Cop 25 Lowest. Sale Prices. Highest. Lowest. May 31. May 1. 171,800 68,000 50,400 127,300 8,700 234,900 37,300 7,200 • STOCKS 1034 May 31 May 27 May 16 33 34 May 17 434 May 31 2534 May 27 53 34 May 31 334 May 26 1134 May 29 6034 May 31 50 May 24 52 38 1934 May May 334 May 634 May 31 634 Mar. 3 Feb. 134 Feb. 2 Mar. 74 Mar. 6034 Jan. 434 Jan. 134 Feb. 23 23 30 2 51 29 17 90 12 6 23 70 May 11 Apr. 19 30 34 Mar. 27 134 May 24 634 Feb. 24 48 Apr. 3 10 Mar. 1 1634 May 27 634 May 31 434 Jan. 10 234 Jan. 20 1234 May 31 79 May 29 2134 May 27 7934 Jan. 3 1734 Feb. 28 90 27 Feb. 28 Feb. 27 28 Feb. Feb. Feb. Mar. 14 27 1 17 Jan. 17 13 29 29 27 20 17 16 May 29 17 May 17 1034 May 17 25 May Apr. May May N. Y. STOCK June, 1933.] AGGREGATE SALES. In May. Price Jan. 3 exchange Jan. 1. Shares. 1933. far. Shares "1,660 570,000 Drug Inc * 9,800 Dunhill Int......... 1,700 DupUn Silk... * Preferred... .......—.100 "3~, 850 Ouqueine Light 1st pref._100 10 60,800 120,000 81,300 335,118 Eastman Kodak Co. of N. J.* Bid. . Eastern Rolling Mills. 600 160,200 1,086,300 9,000 30,600 4,400 414,200 870 42,000 58,700 950 Preferred. ,.... American 408,800 29,600 19,500 26,300 4,820 3,140 -100 ........ 207,300 Eaton Mfg. Co * 2,507,300 fi I duP ds Nem & Co......20 26,200 6% cumul pref erred.... 100 39,900 Kltlngun Schlld.. !;:■ 4,600 634% conv 1st pref 100 850,100 Electric Auto-Lite (The).-.5 Preferred..............100 1,540 .......3 96,600 Electric Boat 125,700 Elec & Musical Ind— 733,900 shares Elec Power & — Light—..—* * Preferred certificates. 58,000 44,700 59,800 4,920 3,150 (6).............* Preferred Elec Storage Battery. * May 1. Ask. 36J4 Sale 207 Durham Hos Mills pref—100 201,600 9,200 300 aVA Sale oO 74, 10134 10034 Sale 13 Bid. T* aV* Sale 120 34 5 34 Sale Sale Sale 6* Is* 18 Sale 8334 1X Sale 634 Sale 1534 Sale 14 15 22 23 s 34 ........50 X Highest. Sale Prices. Sale 4134 May 1 3 Sale 10 14 Sale 134 May 14 May 29 43 It* 534 6534 11334 834 5334 100 34 Sale "94" 5334 8434 9534 Sale 16 Sale Sale 634 78 Sale Sale 134 May May May May May May May 234 May 25 934 May 31 May 12 1934 May 17 4034 May 11 34 May 26 134 May 29 > May May 26 434 May 1934 1134 Sale 2134 Sale 8234 234 85 Sale 6334 May May 834 May 5234 May 9934 May 34 May May May 7934 May 134 May Sale Sale Sale Sale Sale Sale Sale 234 834 1934 1734 3934 34 134 Sale Sale Sale Sale Sale Sale Sale 634 1334 1234 3234 34 34 115 Sale Sale Sale A* Sale 83 134 734 1434 1234 34 34 34 34 11734 119 Wi 10IM Sale Sale Sale Sale 5534 May 29 1034 May 29 16 May 31 9534 May 31 15 May 26 734 May 27 8034 May 29 119 May 29 1334 May 17 7934 May 27 108 May 29 2 May 29 1234 May 31 2 2234 May 31 May 24 8 83 234 May 16 9 90 15 Sale 5 88 Sale 1 Ask Lowest. Lowest. Sale Prices. May 31. Ask. Bid. 15 Elk Horn Coal Corp....... Preferred RANGE SINCE JAN. 1. PRICES IN MAY. STOCKS h. y. stock Since 35 EXCHANGE—STOCKS 110 17* 5534 May 29 1034 May 29 16 May 31 34 Apr. 10 934 Apr. 22 90 4 102 May 16 934 Feb. 20 Mar. 30 734 46 8 Apr. 4 8034 May 110 2 130 Jan. 30 Apr. 24 May 27 May 29 Mar. 20 334 Mar. 3 1334 May 17 3234 Mar. 2 7934 May 27 9734 Apr. 20 108 May 29 4 Feb. 2 May 29 4* 10 Mar. 29 Apr. 4 7834 Mar. 29 1234 May 31 May 31 2231 88 Jan. 5 1 Jan. 3 234 May 16 1 > 22 Highest. Sale Prices. Sale Prices. 29 Mar. 31 Feb. 14 234 May 25 934 May 31 May 12 1934 May 17 4034 May 11 34 May 26 134 May 29 334 Feb. 27 4 734 Apr. 5 o634 Apr. 21 Feb. 16 4 34 Jan. 34 Apr. 29 22 Emerson-Brant cl A 19,100 20 Emporium Capwell Corp * 35,600 Endlcott-Johnson.......—50 300 27,000 3,700 4,800 2,300 22,200 21,100 10,000 700 .—.100 Preferred... 36,600 Engtneers Pub Service. $5 cony preferred ———* 5,600 $5.50 preferred 11,200 * $6 cum preferred......—* 4,100 40,620 Equitable Of flee Bldg —* 25,500 Eureka Vacuum Clean. 5 15,400 Evans Products Co 170 490 Exchange Buffet Corp 4,600 7,500 220 900 560 900 Fairbanks Co 300 190 300 400 * Pair (The) Co.. ♦ Preferred 100 ..... 1 3 29 3234 104 115 634 2334 Sale Sale 734 30 11 22 2434 Sale 25 Sale 434 1 1 50 IX i* i* 6 7% preferred...........100 Fashion Park Assn.........* 17 70 Preferred..............10# 660 31,600 12,800 28,200 57,800 .......* Preferred Federal Federal Motor Truck ""Ho A* Sale 20 * 434 534 1034 Sale Sale 40 Sale 134 2234 Sale 50 Sale Sale 534 Sale 4 §* 24 W* 50 40 45 35 Sale o \H 234 Sale 1934 Sale 634 8 1534 7834 20 85 173B Sale 63 Preferred series A——100 111,500 First National Stores Sale 2 Sale 234 Sale * Firestone Tire Ac Rubber... 10 269,700 26,800 1 • Federal Water Service A 15 26 • Federal Screw Works 10 1234 Sale 62 5034 30 Mining At Smelt.. 100 .........100 Preferred... Fidelity Phenix Fire Ins.2.50 830 Fifth Avenue Bus Sec Corp.* 160 Pllene's 80ns............—* 400 Preferred 100 290 197,400 8,600 34,400 134 434 1734 834 4034 Federated Departm't Stores.* Federal Light Ac Traction..15 2,500 2,400 34,600 15,700 53,900 137,328 40 1234 Sale 1134 Sale 434 Sale Sale Pref ctfa of deposit.....100 900 30 Sale Fairbanks Morse &: Co......* 900 35 1 230 450 25 A* Sale Sale 32 5 19,100 1,090 10,000 1,460 14,700 9,400 6,200 3,100 934 Sale 32 Sale 130 450 534 134 Sale 120 334 Sale 234 Certifs of deposit— 25 ........100 Preferred 14,700 9,300 30 5 43 X 27 934 Sale 5 IX 1034 434 10 3 30 5t* 115 634 Sale 28 28 38 26 25 44 107 55 X Sale Sale 5934 Sale 3 Sale 3 Sale 25 n Sale 9 834 1634 83 34 Sale ?l* 60 Sale Sale Sale 4334 May May 634 May 2334 May 2234 May 2634 May 834 May 5 May 134 May 10 May May May May May 334 May 334 May May May 1 May 434 May 1734 May 8 May 42 May 39 May 34 May 2 May 134 May 234 May 19 May 7 May 107 50* 1H i# 8334 1634 6234 5634 1 10 17 1 1 26 2 3 3 Apr. 24 Apr. 24 26 Feb. 27 5234 May 27 5234 May 27 Feb. 17 10834 Mar. 16 10834 May 10 107 4 Feb. 23 12 12 May 17 May 17 7 35 35 1534 Apr. May 17 May 17 4 15 Apr. 39 39 May 15 May 15 40 2034 Apr. 19 40 May 17 May 17 634 Mar. 27 1234 May 31 1234 May 31 4 3 Apr. 1134 May 31 1134 May 31 Mar. 1 May 31 434 May 31 4 Jan. Jan. 4 10 May 9, Mar. 31 May 31 1234 May 311 Feb. 28 52 May 25 Apr. 26 2 May 17 May 31 May 31' 1 May May 20 IX May 20 1 Feb. 23 6 May 19 May 19 234 Apr. 22 534 May 19 May 19 ir 234 Mar. 31 May 29 May 29 Feb. 25 10 May 27 4034 May 27 Jan. 27 May 10 234 May 10 Feb. 23 7 May 15 May 15 734 Feb. 27 23* May 29 2334 May 29 6 12 Apr. May 16 May 16 JX 38 Feb. 11 50 Apr. 20 54 May 12 Mar. 31 15 48 48 May 29 May 29 18 Feb. 9 45 45 May 31 May 31 34 Mar. 16 834 May 27 834 May 27 34 Feb. 27 334 May 27 334 May 27 134 Feb. 25 334 May 12 334 May 12 1034 Mar. 27 2634 May 31 2634 May 31 Mar. 22 5 8 8 May 19 May 19 9 5 Apr. 1634 Apr. 25 81 6 Jan. 16 85 Apr. 86 May 4 23 May 31 May 31 Apr. 4 23 Mar. 3 74 74 May 29 Apr. 29 43 Mar. 2 62 62 May 31 May 31 10* 33* 1* I* it* 11* if* 3* 24 4 11 2 4 2 2 2 May 31 May 2 May 1 May 8 42* ♦ Flsk Rubber First preferred.. 100 First preferred conv..—100 700 3.200 Florshelm 890 220 19,800 1,600 133,500 20 26,100 32,400 106.800 190 144,500 3,600 190 460 6,700 2,090 1,700 177,600 101,600 118,100 3,100 509,500 156,000 238,500 1,480 115,800 50,500 15,535 21,300 39,500 1,750 18,400 220 1,310,700 36,700 233,600 68,600 500 Corp.——5 * General Baking Co.........5 Preferred .............—*i General Bronse...————5 Preferred Class * General Electric...... Special ...... * .—---10 Preferred A (7).—.— —• Preferred A (8)...... ——* Conv preferred A ..—..* 2.120 General Printing Ink 410 Preferred... ... 62,200 General Public Service 116,500 General Ry Signal 90 330 7%..........100 A 5,950 5,100 General Italian Edison 218,000 General Mills .—.——.* 9,800 Preferred...........—.100 7,553,200 Gen Motors Corp.——...-.10 Preferred (5) 42,600 —* 12,100 Gen Outdoor Advertising—.* A » 8,400 190 106,300 13,800 28,600 Cable...—....... Gen Cigar Inc.... * Preferred (7).........—100 410 29,200 53,200 ——* Preferred... 2f060 11,700 4,400 4,100 1,160 * Gen Amer Transp General Asphalt General 140 Preferred 4 431 934 8 10 50 110 2Y 1831 131 3 Sale Sale 16 Sale 25 Sale ~"93i\ "2434 7 1 2 7 Sale 23 234 21 Sale Sale 1234 86 12 Sale Sale 15 95 Sale 31* 39 2934 Sale 10634 Sale 10 1934 5 634 134 Sale 734 6*1 12 May 8334 May 7 May 8 May Sale 1034 May 45 8734 May Sale 434 May Sale 2034 May Sale May 40 May Sale 29 May Sale 106 May 16 1234 May Sale 6 May Sale 134 May Sale 634 May 734 Sale 834 Sale 1134 Sale 55 4234 434 Sale ... 08* 23 * Sale Sale Sale 18 Sale 10334 105 4 334 1134 6 Sale 34 1534 19 34 10434 734 Sale Sale Sale 31 It* 3734 Sale 106 10934 10534 22 34 1934 Sale 1134 Sale 1134 £3234 Sale 3334 Sale 8^ 134 Sale 13 18* 9 13 14 7 10 12 3134 Sale 55 Sale 94 Sale 3234 5534 9934 2134 Sale 25 80 88 334 Sale Sale 8 i?h * I* ——* 42 34 51 * 334 2534 Sale 434 Sale 3234 1 100 147,000 Gen Realty Ac Utilities Corp.* 18,900 Preferred • 40,600 General Refractories ....* l,090.Gen Steel Castings pref * ... 2V 16 May 19 May I 1334 May 29 1034 May 26 18 May 31 4634 May 8 1034 May 31 2534 May 31 4 May 10 45 May 13 3734 May 31 119 May 25 20 May 17 11 May 17 2 May 12 1734 May 31 85 734 Feb. 80 Apr 7 16 May 19 19 97 Jan. Feb. 28 Apr. 19 Feb. 28 3234 Feb. 2 Feb. 7 27 1334 Mar. 1 34 Mar. 29 12 Jan. 24 1634 Feb. 28 Apr. 19 97 9 Jan. 4 Jan. 19 1 Feb. 27 9 634 Jan. 20 1334 May May May May May 2534 May 4 May 45 May 3734 May 119 May 20 May 11 May 2 May 1734 May ir #8 10 29 26 31 8 31 31 10 13 31 25 17 17 12 31 .........5 663,200 General Foods.. —.———* 136,000 Gen Gas Jc Elec Cl A * 1,120 Class B • 20 3,781,500 14 Sale Gen American Investors 2,755,400 149,800 110 2,600 3,600 55,800 1,900 10 85 - Gardner Motor 41,600 9,845 16,300 10 97 ...... 105,306 99,600 6 90 .........* 25,400 2,100 Food Machinery Corp......* —* 182,700 Foster-Wheeler 150 7% conv preferred........* * 30,700 Foundation Co....... 80,100 Fourth Nat'l Investors..—. 1 * 198,000 Fox Film "A" 1,405 Franklin Simon pref 10ft 328,700 Free port Texas Co......... 10 4,800 6% conv pref .........100 2,080 Puller Co prior pref........* 2d preferred.... 1,030 .* 8,500 Gabriel Co (The) Class A...* 4,750 Gamewell Co (The)..—...—* 46,506 890 _...* 100 Shoe class A Preferred 6% Follansbee Bros ....... 77 134 834 934 16 734 80 11 52 34 79 Sale 2 Sale 15 Sale 20 ii* 29 634 May 78 65 May Sale 2334 May Sale 10 May Sale 15 May Sale 10334 May Sale 4 May Sale 234 May Sale 1134 May Sale 534 May Sale 33 34 May 110 105 May Sale 1834 May Sale -1134 May Sale 30 May Sale 34 May 5 34 May 9 20 May 13 19J4 May 1534 834 May 3134 May Sale 5234 May Sale 9334 May Sale 2034 May Sale 80 May Sale 334 May Sale 734 May Sale 734 May 60 45 May Sale 3 May Sale 23 'May 10134 7734 May Sale 1 May Sale 834 May Sale 734 May Sale 1834 May 8 78 36 1634 2034 105 834 8 33 16 3934 10934 2334 1134 3434 134 134 J!* 1234 3334 5734 100 2534 88 534 1134 11 51 434 3734 80 234 1634 W* 29 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 29 23 29 31 29 31 24 31 31 31 31 15 31 26 31 31 15 26 24 29 29 29 31 27 24 18 31 29 19 31 27 2 24 May 24 May 15 May 31 234 Feb. 42 Feb. 1334 Feb. 434 Mar. 13 Jan. 9934 Mar. 234 Feb. 1X Mar. 634 Mar. 2)4 Feb. 29 Jan. 100 Mar. 1034 Feb. 1034 Apr. 21 Feb. s/a Apr. 34 Apr. 7 Apr. 5 Apr. 334 Apr. 2434 Jan. 3534 Mar. 9234 Mar. 10 Feb. 6534 Mar. 234 Mar. 534 Jan. 334 Jan. 31 2 Mar. Apr. 1334 Jan. 6934 34 534 234 934 Jan. Feb. Jan. Feb. Feb. 8 May May May 1634 May 2034 May 78 36 10fg 8 33 16 40 112 ?i* I* if* 29 23 29 31 29 Jan. 26 May May May May Apr. 24 31 31 31 29 Jan. 25 May 31 Jan. 12 May 31 May 31 May 15 Feb. 23 15 May 24 1234 May 29 3334 May 29 5734 May 29 100 May 31 2534 May 27 88 Apr. 24 534 May 18 1134 May 31 11 May 29 51 May 19 434 May 31 IV* May 27 80 May 2 234 May 24 1634 May 24 May 15 29 May 31 Gen Theatre Eq v t c 309",666 7,800 87,700 4,800 106,000 1,420 152,400 204,900 800 30 381,100 29,000 495,000 24,400 113,500, 3001 • 742,900 Gillette Safety Rasor • 29,500i Convertible preferred * 166,220,Glmbel Brothers...... * 7,200, 7% preferred 100 145,300 Gildden Co (The) ♦ 2,360j 7% prior preferred...—100 253,800 Gobel (Adolf) * 340,600,Gold Dust certificates .....* 2.400J 2 34 1334 734 52 Sale' 13 34 Sale Sale Sale Sale 5234 434 60 734 Sale 1934 Sale 20 1234 7434 1134 2134 Sale Sale Sale 24 Sale Sale Sale Sale 1134 4934 234 1234 734 59 7 1834 * 96 102 102 40 Gold At Stock Telegraph..100 597,300.Goodrich (L /)——.— * 60 76 75 66 1434 Sale 934 2234 2734 Preferred 40,900, 7% preferred .......—100 1,214,000 Goodyear T Ac R • 68,900 1st preferred ...* 153,400 Gotham Silk Hosiery......* 1,824 Preferred ..... 100 Preferred ex-warrants..100 Gould Coupler**A" * • 1234 5134 No par value, a Optional Sale 1034 2234 2934 Sale Sale 60 Sale 12 Sale 3134 Sale 41 42 103 Sale 3534 Sale 7434 Sale 14 34 Sale 54 Sale 100 57 1034 41 May May May May May May May May May May May May May May May May 1434 May 5534 May 5 May 2134 May 1434 May 76 May 13 May 2234 May 101 May 66 May 1534 May 4234 May 37 May 7434 May May May 64* 5 5 31 29 29 29 27 31 25 5 31 31 31 31 31 31 y n Apr. 934 4734 Apr. 34 Feb. 534 Mar. 334 Mar. 48 Apr. 3 12 100 Feb. Feb. Jan. 66 May 3 Mar. 9 9 27 Feb. Mar. Feb. 734 Apr. Apr. 41 2034 Jan. 75 Jan. 5 May 2134 May 1434 May 76 May 13 May 2234 May 103 69 Jan. 11 9 31 29 29 29 27 31 4 Apr. 24 1534 May 31 4234 May 31 37 May 31 7434 May 31 1534 May 31 54 May 31 N. Y. STOCK 36 aggregate sales, In PRICES STOCKS Jan. 3 Jan. 1. 1933. 31,400 5,200 1,900 24,320 94,800 291,900 2,570 65,000 Grand Union Co trust ctfs..* 13,506 Conv preferred aeries * 3,200 Granite City Steel • 76,720 Grant (W T) ~* 175,100 Great Northern Ir ore prop.* 558,900 Great West Sug * 8,290 Preferred 100 220 Greene Cananea Copper. .100 190,617 Grlgsby-Grunow Co —.* 98,700 Guantanamo Sugar— * 530 Preferred 100 43,900 Gulf States Steel • 7% 1st preferred ..100 1,046 8,800 Mackensack Water ....25 1,370 Preferred A 25 185,l00 Hahn Department Stores...* 8,700 Preferred..............100 320 16,500 416 3,700 200 139,100 3,700 7,800 Hall Printing..... 8,640 Hamilton Watch. 4,700 7,600 170 10,700 31,600 870 40 63,900 3,600 1,500 12,000 500 12,900 4,400 26,300 5,900 14,000 150,500 14,200 3,900 98,000 74,200 45,700 122,500 102,000 17.500 720 6,600 263,400 79,300 — 10 * Preferred 100 Hanna (M A) Co $7 pref—.* Harbison Walker Ref... * Preferred 6%.. 100 Hartman Corp class A * Class B * Hat Corp class A 1 preferred 100 Hayes Body.. • Holme (G W) 25 90 7% preferred 100 3,100 Hercules Motors ■ 104,600 Hercules Powder— —* 2,280 Preferred 100 30,400 Hershey Chocolate * 12,900 Conv preferred .....—* Hoe (R) at Co class A.. * 46,400 Holland Furnace * 8,400 Hollander (A) Ac Son * 60,400 Homestake Mining 100 175,700 Houdallle-Hershey clB ♦ 15,600 Class A ♦ 10,500 Household Finance part pf 50 154,200 Houston Oil of Texas 100 136,300 Voting trust certlf lcates.25 126.000 Howe Sound vot trust ctfs--5 183,800 Hudson Motor Car * 156,357 Hupp Motor Car Corp 10 25,300 Indian Motocycle 47,400 86,200 26,100 17,235 56,600 85,000 28,700 7,700 92,600 76,470 155,800 176,000 38,100 2,600 2,113,700 8,100 136,700 31,300 100 Indian Refining .......10 Industrial Rayon Corp * Ingersoll-Rand » 6% preferred ...100 Inland Steel... * Inspiration Cons Copper..20 Insuranshares Corp (Del)...* Insuranshares Ctfs Inc.....* Intercontinental Rubber...* Interlake Iron.. * Internet Agricultural......* Prior preferred ...100 Int Business Machines ..* Internat Carriers Ltd ..1 Internat Cement ._.* Internat Combus Eng......* Conv preferred ....• Preferred certificates _..* Internat Harvester,.... * 7% preferred 100 Internat Hydro-Elec Sys A..* Internat Mercan Marine * 1,058,437 2,725,337 Internat Nickel of Canada..* 1,800 1,750 9,700 15,200 38,400 61,800 3,500 4,550 3,220 , . 20,606 53,700 10,200 5,500 41,800 51,300 25,400 5,100 25,400 44,400 78,100 91,700 24,400 1,700 671,200 1,400 90,200 20,600 130 37,500 23 100 28,600 1,740 1,383,800 42,900 1,150 870 14,200 460,700 175,700 Preferred 9,000 20 6% 6% 1 M 1% 17% 3 ....100 Preferred 590 70,000 International Salt.........* * 51,300 International Shoe ...100 93,400 International Silver 7% preferred 100 9,110 • 2,597,400 Internat Tel & Tel * 52,100 Interstate Dept Stores Preferred. 100 1,320 57 Sale ~6~, 700 Intertype 17.600 24,700 Corp 155 Sale 2 Sale a* n 8 A" 2! Sale 92 99 13 Sale 2% Sale ■3% Sale 1% 1% 1% Sale 2% 3 1% Sale 5 Sale 89 Sale 3 Sale 8% Sale •* 2 % Sale 21% Sale 78% 80 5% Sale 1% 1% 80 % % % 2% 3% 42% % Sale 4% ' 10 2,100 17,706 590 500 87.200 * 4 15 May 8 34 Sale 2% Sale 27 201 21 191 671 3 A* Sale Sale 59% 3% 1 2% Sale Sale 5% Sale 14 Sale 27 Sale Sale 49 19% Sale 4ft Sale 6% Sale 6% 47% 5 45 Sale 5% Sale 20% Sale Sale Sale Sale 9 3% Sale 4% Sale % 4% 1% 44% 40 - Sale 1% Sale 27% 4% 2% 11 2% Sale 61% Sale 54 Sale 81% 102 35% Sale Sale Sale Sale Sale 7 Sale Sale Sale 2 3% 2% 3% 8% 2% 13% Sale 1 % 5 Sale 9% 7 114 Sale 4% 16% 3* 33* 120 Sale Sale Sale Sale Sale Sale Sale Sale Sale 7% Sale Sale 28 Sale Sale Sale Sale 2% Sale 37 Sale 110% Sale 7% Sale 3% Sale . 14% Sale 15% Sale Sale 95 24 3 9 3 2 24 1 5 8 1 2 2 22 10 2 H Sale Sale Sale Sale Sale Sale 3 5 3 6% Sale 12% Sale 25% Sale 48% Sale Sale 29 Sale 45% Sale 48 Sale 12 Sale 14% Sale 6% Sale 29 • 3 16% Sale 20 3 4% 30 Sale 5 29 Sale lift May May May May May May May May May May May 4% May 4 May May 2% May 6 May 43% May 17% May 3% May 15 May 6% May 3% May 180 % May 1 4% May 16 1% May 9 42% May 37% May 9 9 253 43 2% 1% 1% ~ 1% 5 9 109 4% 15% % 1% 31% 97% 4% 2% 12% May 22 May " 3% May May May May May May 10 May 5 May 8 38% May 9 23% May 16 40% May 3 11 May 4 2% May 2 20 May 2 89 34% Sale 27% Sale 59% Sale 61 Sale 100% 105 11% Sale 5% Sale 10 Sale May 4 19% May 10 4 14 42 Sale Sale 13% Sale 6% Sale 25 Sale 3% Sale 42% May 38 Sale 78 100 76% Sale lo5 1 23 Sale 14 May 4 2% 2% 6% 9% Sale 16% Sale 20% Sale 8 10 48 7% 7% 4 5 60 60 42 2 Sale Sale Ex-dlvldend p 100 1% 15 30 Y6 8% 9% 92 3 a VA 30% 16 3 Sale Sale 14 94 94 A* 40 64 41 33 50 42 31% Sale ...._._* 4 5 8 Ex-Right* Sale 20 Sale Sale 12% Sale 96 6% Sale 25 Sale _ % Sale Preferred 1.050 ............100 343,700 Lambert Co (The) a 6 29 May 16 May 29 29 27 31 5 31 2 31 4 Apr. 20 24 lift Feb. Jan. ill'4 Jan. 78 Feb. % Mar. % Jan. 5 Feb. 6% Feb. 16% Jan. 15 Mar. 25 Apr. 1% Feb. 9 Apr. 27% 8 May May May 75 May May May May May 38 May 10 May 3% May 92% May 125 May 8 May 3% Feb. 2% Apr. 6 25 Feb. 15 45% Jan. 6% Feb. Mar. 48 % Mar. i && 69% Jan. 116% Mar. 3 Jan. May May May May May 29 May 3 May 4% May 29 May 22% May 43 May 22 May 28% Jan. May May Feb. Mar. Feb. 27 35% 85 Apr. 5 102 35% Mar. 29 57% 64% Apr. 5 84% 15 Jan. Mar. Jan. Mar. Apr. May 16 Mar. Feb. Jan. Feb. Mar. % Mar. 23 4% May 16 1% Apr, 11 24 Apr. 4 19% Feb. 27 Feb. 9 29 31 31 27 31 31 31 29 31 31 12 25 12 24 27 31 31 27 31 29 24 29 31 29 8 31 25 27 19 May 31 May 31 Jan. 11 May 12 8% May May May May May 51% Jan. 29 s/ May May May May May 22?* iS* 2!B 1% May 11 May 3% May 66% May 58 May 36 Feb. Apr. Mar. 2% Mar. % Feb. 5 1 Feb. Jan. Mar. Apr. Apr. 12 31 31 31 31 24 17 31 23 27 29 10 31 31 31 17 17 27 29 29 Jan. atg 10 Jan. May 5 11 Jan. May 110% May May 4% May 13% Feb. 80 Jan. 15$ Jan. 75% 2% 6% % 1% 31 27 27 31 31 May 29 May 31 May May May May May 124% May 7% May 29% May Mar. Jan. 2% Apr. 1% Jan. 6% Feb. 27 27 31 31 17 15% May 31 May 31 9% May 24 3% May 20 1% May 19 1% May 19 9% May 19 10 May 29 56 May 31 26% May 31 49% May 31 31% Apr. 20 50 Apr. 20 15 May 31 7 May 18 Jan. 11 Jan. 4 Apr. 21 Apr. 1 Jan. 6 2 Apr. 5 3% Feb. 28 35 Apr. 18 13% Mar. 28 24% Jan. 3 9% Feb. 25 24% Mar. 2 5% Feb. 28 1% Mar. 2 12 Apr. 7 95 34 May 26- 20 6 Feb. 27 Mar. 17 29 May 16 May 29' 90 Jan. 23 Feo. 43 72 2% % % % 1% Jan. 11 12% Mar. 42 Apr. 35 Feb. .00% May 6% Feb. 2% Mar. 8 23 May 31 Jan. Jan. 6 May 41% May 72% May 76% May 110 Optional tale. Sale Sale 34% Sale 4 10 6 Sale 8 May 22 May 19 May 2 29% May 4 May 7% May 8 1 3 May May May May May May May May May 31 29 17 20 31 15 31 31 27 29% May 51 May 59% May 37% May 6% May 10% May 26 24 27 6 18 15% 4% 16% 13% 95% 6% 25 34 1 Jan. 4 23 May 31 Mar. 1 Apr. 4% Feb. 5% Mar. 1 3 51 7% Feb. 5% Apr. 10 27 17 13% May 31 7 May 2 25 May 31 Feb. 3% Feb. 30 Jan. 88 29 29 27 31 Jan. % Feb. 2 Feb. 2 Jan. 11 May 12 Jan. 10 Jan. 13 % Mar. % Jan. May 12 21 50 • ..100 19 19 29 31 31 31 31 31 31 18 26 May 12 5% May 13 10 May 11 50 May 1 26 Sale 1% 31 31 24 20 19 2% May 1 2% May 1 6% May 1 45 May 19 65 x May 24 May 31 a!8 Sale 52 No par value. 15 1 Jan. Apr. Mar. Jan. Jan. 'it Jan. 8 18* 50 6 Jan. % Jan. 30 800 Lane Bryant 122,400 Lee Rubber Ac Tire 4 2 11% Mar. 51 Sale 25 20 ... 3 3% Mar. 22% Apr. 1 Sale 9% Sale 47% Sale ._* 15% May May 9% May 3% May 1% May 1 % May 9% May 10 May 56 May 26% May 49% May 30% May 48% May 15 May 7 May 34 May 95 May May May May 13% May 7 May 25 May 12% Sale 2,480 Kresge Dept Stores 17 31 23 27 29 May 29 34% May 26 May 59% May 60 May lo0% May 10% May 5% May 14 May 33% Sale .100 1% May 11 May 3% May 66% May 58 May 9 36 May 29 May 9 7% May 31 May 1 3% May 29 May 2% May 31 May 10 3 3% May 31 May 1 9% May 31 May 3 3% May 17 May 3 15% ivxay 17 May 9 L24% May 27 May 2 7% May 29 May 2 29% May 29 May 9 % May 16 May 9 5% May 16 May 3 May 18 May 23 9 39% May 27 May 1 110% May 31 May 2 7% May 31 May 9 4% May 17 May 28% Sale 7% preferred.... 600 Laclede Gas. Apr. 3% 31 2% 27 2? 145 1 31 4% 31 43% 31 8% 31 1% 31 31 3 31 1% 24 1 52% 4% Sale 30 32% 98 31 May 3 May 31 91% May 1 102 50 1 May 6 55% May 78% May 31 84% May 12 ay 85% Sale Sale Sale Sale .........10 May 31 May 31 May 27 May 3 May z9 May 24 May 29 May 31 May 29 May 8 May 31 May 25 May 27 May 19 35%M 23 17% Sale 703 . May May 12 May 29 33% May 31 14% May 31 28% May 27 106 May 31 29 May 31 3 May 31 4% May 29 29 May 31 22% May 31 43 May 12 22 May 25 28% May 5 4% May 24 27% May 27 388,200 Kroger Grocery At Bak Kresge (S S) Co 1 3% Mar. 85 Sale 9% Sale 4' Sale 14% % 33 1 20 1 4 Sale 97% Sale 5 Sale 7 2 2 2% % 37% 8 1 10 27 * ........... 624,900 May 24 May 31 Sale 20 Sale 14 15 W. ft J* 8J* 54% Sale 78% Sale 38 7 32 6% May 27% May 16 May 28% May 8% May 19 May 98 May 25 May 1% May 1% May 15 May 18% May 26 May 17% May 25% May 2% May 16% May 8% preferred... .100 • 5,900 Kress (S H) At Co. 378,900 Kreuger At Toll Co (Amer ctfs) Copper 1,925,700 * 7,300 Klmberley-Clark * 9,800 Kinney (G R) 8% preferred.............* 3,440 200 08,800 1 8% May 10 15% May 10 May 1% May 8% May 9% May 92 May 2 May 24 25 May 31 32 May 27 Kennecott Highest. Sale Prices. 1 8 4% May 6 9 2% May May 16 25 1 75 Sale 55 May 3 Sale 19% May 75 8 85 May 1 Sale 1% May 1 Sale % May 3 1 May 3% 20 May 16 10 1 Sale 3% May 2 92% May 93% 125 130 May 27 125 8 Sale 4 6% May 33% Sale 99 Sale 210 20% Sale 39% Sale 50 2,060 8 4 Sale 43 Sale 80 85 125% Sale 16 15 24% Sale 9% 12 Sale 100 6% pref ctf of deposit..... 22,210 6% preferred.............* _..* 19,100 Kelsey-Hayes Wheel 500 Chase Nat Bank ctfs of dep..* Convertible Class A 1 3,000 Conv class B_.......... 1 1,600 » 505,500 Kelvinator Co 1,160 Kendall Co part pref ser A..* 2% Sale Sale % 81 Certificates of deposit 27% 3% 41 400 Lowest. Sale Prices. Sale 89 8% Sale 28% ...... S'A 11 81 25 .... lh Sale Sale Sale Sale 90 ........... 72 Sale 181 Sale 13 * 583,200 Johns-Manvllle Preferred. 100 3,310 Jones Ac Laugh Steel pref. 100 4,700 18% 5 Sale 48 75 10 125 7 28 Sale 5% Sale 25% 2% 6% 50% 14% 85 ... 25 24% 80 Sale 1 Preferred Jewel Tea Inc 2 Prices. 1 1 Island Creek Coal Sale 4 23% 91% 54% 3% Sale 5% 3% .... _ 8 -3 88 2 Class B * 21,000 Class C • 46,600 Preferred ....100 81,820 .* 5,610 Internat Printing Ink 27 4% Sale Sale 27% Sale 22% Sale Sale Sale 17 6 55 *72 27 Sale 120 16 82 Iff Sale 21 1% 6 Sale 17% 86 13% 2% Sale Sale 27% 2% 15% 4% -3% 118% 139 5% 7 50 Sale 43 6 5% Sale 40 Sale 13% Sale 60 95 % Sale % Sale 1% Sale H Sale Sale 55 78 29 2% Sale 27 J17 16% 67 .... 106 25 20 19% 1061 952,300 3,300 7,500 2,670 319,200 Sale Sale 13 590 Kansas City Lt 1st pf Ser B * 370 9 33|1 13} 26 h Sale ■1% 10 ..5 137,800 Kayser(J) Ac Co 24,800 Kaufman Dept Stores..012.50 3,050 Kelth-Albee Orpheum pf.100 * 1,000 Kelly-Springfield Tire New... 5 123,000 2,400 1,400 388,400 Sale m 270 14,500 24 M 5 70,100 14,500 >1,350 85,665 Sale 19% Sale 98% Sale 9% 25 1% Sale 2% Sale Sale 24% 16 28 12 20 28 3% 28% Sale 28 Sale 9% 17 % Sale Sale 7% 31 12% Sale 7 Sale Sale 23 7% 72 % 100 110 9,900 252,100 1,310 2,460 Sale pref 7%..100 14,800 Internat Paper & Power cl A * Preferred Internat Paper Pref without warrants.. 100 "2", 800 5 30% 11% 140 3,170 56,000 230 13,900 35,800 1,120 250 72,200 13,900 50 1,780 51,300 20 9% Sale Grand (F & W) Stores pf_100 ; 130 2 Sale Sale * Grand Silver Stores 131,500 42,100 Sale Sale 5 1 523,800 Graham-Paige Motors.. 136,700 Granby Cons M S & P—.160 Ask, 3% Sale 14% Sale Ask. Bid. Bid. 2% 364,700 94,900 Highest. Sale Price* Lowest. May 31. May I. Ask Bid. Par. Shares. Shares, RANGE SINCE JAN. 1. IN MAY. Price N. T. STOCK EXCHANGE Since May. EXCHANGE—STOCKS 13 May 12 May 13 May 11 May 1 May 31 15% May 29' 4% May 17 16% May 20May 31 Jan. 5 May 31 May 31 34 May 27 21 ill4 2I* Jan. 3 14% Feb. 30* 50 65 Apr. 20 > Jan. 30 61 Jan. May 37% Apr. 22% Mar. 3 Feb. 3% Mar. 16 37% May 27 May 6 May 18 x§8 N. Y. STOCK June, 1933.] aggregate sales. In Jan. May. Shares. 7,300 360 30,100 9,500 54,600 33,500 394,800 16,100 1,800 8,000 132,800 34,800 8,700 205,200 177,600 4,700 51,800 5,200 23,400 1933. 1. Par. 10,600 Lehigh Portland Cement__50 Preferred. 100 1,300 * 40,600 Lehigh Valley Coal.. — 13,300 161,000 49,100 456,400 29,100 4,700 46,700 637,300 45,700 18,500 326,100 494,300 15,500 Preferred 600 9,200 10,800 2,700 5,800 1,000 186,400 55,300 147,400 34,300 61,100 310 12,400 * Liggett & Myers Tob pref.100 Common 25 25 . Lily Tulip Cup Corp——* Link Belt Co ————* Liquid Carbonic.... Loews Incorporated........* 123 50 1st preferred 19 Sale 6 12 Sale 28 Sale 129 19 Sale 130 Sale 51% Sale 16 14% 9% 9% 13% Sale 20% Sale 59 200 Common ... Louisiana Oil 100 Steel 165* Sale OX Sale 199* Sale 15x Sale 50 x Sale 1 preferred——* McCall Corp .....—* McCrory Stores............* 4 McKeesport Tin Plate.—* 5 pref series A——50 McLellan Stores class A..—* Preferred Sale 3X Sale '25X Sale 74 x Sale 3X Sale 7% Sale x Sale Mclntyre Porcupine Mines..5 100 MacAndrews 8c Forbes Co—* Preferred 487 35 Sale ix Sale ix ...100 5,150 1,610 2,140 15,500 4,900 102,000 21,900 148,700 89,200 1,300 106,300 19 33 Sale Sale ..... ... 2,300 1,100 100 100 1,900 15,500 158,700 3,180 14,100 6,200 5 7 x x x ix IX Sale 5% 7 x x 10 x Sale 7 Sale ix 4x x lk 5k 1 Sale Sale 11 3% 7 4 10 1 7X 11% x 9x x Sale Sale Sale Sale ix Sale Sale Sale Sale 1 72", 500 Sale 18 Sale Sale Sale Sale Sale Sale 23% 2% Sale Sale .2% b Sale a 9* 27% Sale 82 Sale 4% 12% Sale 8^ Sale Sale Sale 35 Sale 35 61% Sale 8% 12% 1% 8% 17% % 16% 2% Sale Sale Sale 8% Sale Sale Sale Sale Sale Sale Sale Sale 50% 3% 11% 1% 8% 2% May 11 4% May 8 4 May 10 May % May 7 May 11% May % May 9% May May Sale 21 80% 18* 2% 10% 3% 8 28% 4% 6% 4 Sale 105 Sale 19% Sale 2% 6% 8% 25% 8 20% "42% 20% Sale 8% Sale 35 32% 16% Sale 20% 19% ...* ..* Mengel Co.—..........—..1 100 Preferred Mesta Machine Co 5 Wetro-Goldwyn Pict pref.-27 preferred.... h 9% 20* S3 preferred ex-warrants..* $6 1st preferred il* 18% Sale 42 50 60 31 20 18 17 27 12 26 27 19 27 29 16 29 25 29 31 3% May 23 May 4% May 29 May 17 May 8 40% May 25 May 9 116% May 31 May 26 May 15 100 May 9 21% May 31 May 31 May 1 May 26 May 15 May 17 May 9 19 May 8 14% May 29 May 12 42 May 31 May 9 24 May 29 3 May May 18 3% May 15 May 9% May 18 May 6 May 24 May May 27 May 19 30 83% May 29 May 5% May 17 May 13% May 27 May May May 221 May May 26 May 11 May 31, 79% May 17| May 2 108 108 Melville Shoe Corp...... 8% 44~,506 % Sale 1% Sale 6 130 Mexican Petroleum..——.100 120 198,200 38,990 3,700 3 Sale Sale Sale 93,900 May Dept Stores ..........25 * 4,200 Maytag Co (The) Pref with warrants 3,300 500 9,000 99,700 2,410 10,800 2,400 Sale 2 29x 539* 3% 12 x 2 ix 7% preferred...........100 220 43",900 Sale 64% Sale 186,400 Mathieson Alkali Works..—* 330 Sale 20 May May May May May May May May May May May May May May May May 27% 14 x 76 100 * 265,510 Mack Truck Inc * 189,100 Macy (R H) Co, Inc.— 18,300 Madison Sq Garden v t C—* Magma Copper ......—* 57,300 ♦ 16,300 Maillnson (H R) Co 7% preferred .......100 780 22,983 Manati Sugar.....—.....100 7% preferred.... ....100 5,440 * 2,890 Mandel Bros............. .....25 22,700 Manhattan Shirt * 8,100 Maracaibo Oil Ezplor ..10 197,100 Marine Midland 41,900 Marlln-Rockwell ..........* 189,000 Marmon Motor Car.........* 148,900 Marshall Field Ac Co 2,800 Martin Parry Corp 165,500 62,500 5,200 24,800 12,500 Sale 33 1 McGraw Hill Pub Co....—* Conv 20% 16% Sale Claee B McKesson 8c Bobbins..... Sale Sale 18 22 x Convertible 0% preferred Sale Sale 89 3% Sale 4 2% 38 Sale 113% 117 116% 101 07x 101 19 X Sale 20% 1 Sale 2% 10 4x 19x 17 x Sale ®18% 9 Sale 14% Louisville Gas 8c Elec A..—* Ludlum Sale Sale Sale 2x x * ... 6H% preferred 82 Sale 36 X * - 80% Sale 131% 90% 17 3 65 May 3% May 6% May 15 66 : May 22 20% 30 I May 20% May 132 May 90% May 92% May ! May 21% 19 May 36% May 22 May May 64% Sale 17 127 10% Prices. I May Sale 18 Lowest. Sale May 70 2% 5% 63% 20% 47 X IX Sale 3% Sale 58% Sale Highest. Prices. Sale 17 Sale 68 1% 3% Sale ...100 100 Lorillard (P) pref 11 Ask. Ask. Bid. 45 40 ...—* Preferred.. 600 2,300 870,800 25,800 1,420 53,800 71,300 1,500 31,400 26,512 15,515 21,815 2,700 640,700 227,100 176,563 56,500 116,200 2,441 17,800 1,140 36,400 54,800 Glass—* Lima Locomotive Works •*B" 3 41% 16% 5% 9% 6% Bid. Lowest. May 31. May 1. Ask. 5% 36% 1 % SO ..... Lehman Coro (The) Lehn 8c Pink Producte Co..5 Libby-Owens Ford Bid. * 100,100 Loft Incorporated...... 6,470 Long Bell Lumber A..——* 25 79,400 Loose-Wiles Bisc 80 range since jan. 1. Price Jan. 3 Shares. 500 258,900 16,400 prices in may, STOCKS n. t. stock exchange Since EXCHANGE-STOCKS 15% 4% 29 11 16% 55 May May May May May May 37% 61% 4% 15% 3 13 3 % 8% 8% 12% 2 8% 18 % 18 3 May 6 28% May 1 105 May 9 28% May 3 May 17 May 24 May 12 20% May May 9% 36% May May 20 May 58% May i May May May May May May May May May May May May May May May May 27 31 17 31 16 17 1 29 31 31 19 31 31 May May May May May May May May May May May May May 31 1 31 18 _ 31 31 24 24 29 31 15 15 16 24 22 Highest. Sale Prices. Sale Prices. 5% Jan. 5 34 Feb. 9 1 Jan. 13 2% Apr. 10 37% Feb. 28 14 Feb. 27 4% Mar. 1 10 121 Jan. 49 Feb. 16 49% Feb. 16 6 17 25 22 4 17 Apr. 6% Apr. 10% Feb. 8% Mar. 35 Apr. 1% % 19% 113% 87% 10% % 3% 13% Feb. Jan. Feb. 24 8 Apr. 28 3 Mar. % Apr. 15 1% Jan. 13 2% Mar. 17 3 .4 Apr. 18 Mar. 16 44% 1% 3% % 2% 9% Jan. Mar. Mar. Feb. Jan. Feb. Apr. 13% 24% 1% 5% % 3 % 4 2 3 24 Jan. Jan. 5 1 Jan. Apr. 25 May 31 Apr. 26 18 80 13 , 3 3% 8% 8% 12% 18 27 May May May May May 27 31 17 31 16 May 17 Apr. 29 May 29 May 31 May 31 2 May 19 11% Jan. 9 18 May 31 1% Jan. 11 18 May 31 3 May 18 28% May 31 105 Apr. 29 28% May 31 May 31 9% May 24 8% May 24 40 May 29 20% May 31 9% May 15 36% May 15 18% May 16 20 May 24 58% May 22 Jan. Feb. Apr. Apr. May Apr. 8% Feb. Mar. Jan. 7 5 ) May3I 30 May 27 83% May 29 5% May 17 13% May2T 6 Feb. 22 Jan. 12 6 8 Feb. 2 3 21 21 % May 5 4% Jan. 30 % Jan. 9 15 6 19% Jan. 14% May 3 9 May 51 24 May 3 9 37% 61X 4% 15% Feb. 14 26 31 31 26 42 Feb. 27 Feb. 25 Mar. 30 Mar. 2 Feb. % Jan. 100% 9% 1% 3% 8% ii* Jan. May May May May 16 5% Mar. 31 14 n 16 Jan. % Jan. 1% Jan. 5% Apr. 6 6 3% Jan. May 29 May 25 4o 9 120 23 100 16 21% 5 14% Mar. 28 74 m 28 27 Feb. 13 90% May 27. 92% May 29 May 16 May 29 May 25 May 29 64% May 31 24 Feb. Feb. Feb. May Feb. 1 Feb. Mar. 22 132 13 4 May 31 May 20 3% May 18 6% May 17 66 May 27 May 12 30 May 26 20% May 27 17 65 Feb. 13% Mar. 55 Apr. ...100 Miami Copper.. 5 335,000 Mid-Continent Petroleum..* * 66,190 Midland Steel Products First preferred.. ..100 7,100 2 2x 4X Sale Sale 6 38 46% 16k 17% 3X Sale 7% Sale Sale 42 7% Sale 11 Sale Sale 13% 65% Sale Sale Sale 10% 3% May 6% May 9 May 15 42 May 1 7% 11% 14% 65% 14% 1% 11% 11% 22 May May May May 31 31 31 31 1% Mar. 3% Mar. 3 2 3 Mar. 2 26 Mar. 3 7% 11% 14% 65% 4 22 May May May May 31 31 31 31 Milwaukee El Ry & Lt pf.-lOO 5,400 150,400 4,300 37,900 33,600 1,228,400 7,100 41,800 103,700 46,900 37,000 45,200 4,520 11,100 294,200 7,300 367,200 30,100 11,250 199,600 6,340 62,400 79,566 3,365,500 10,000 56,400 111,500 91,500 54,920 99,000 9,590 12,200 371,300 8,500 701,700 45,700 Minn-Honeywell Reg Co .* Minn Moline Pow Implem—* Preferred ._..—* ... a 7 6x Sale Mohawk Carpet Mills * Monsanto Chemical Wks...* 28 Sale Montgomery Ward &Co.....* Morrell (J) Ac Co... * 13 22 Sale Mother Lode Coalition Moto Meter Motor 25 x * Gauge 8c Equip.* • Products Motor Wheel .—• Mulltns Mfg Corp Convertible Munslngwear 129 3 —-*l ... Murray Corp of America.. 10 Myers (F E) 8c Bros Nash Motors Co • Sale^ 3% 6 * preferred....*) x f 3% 7} Sale 9x 3x 10% * 13 Sale .......10 2 Sale ....... National Acme 22 Sale 2 1 4 Sale 3 Sale 13 Sale 17 12% 43% 22% 32% x Sale Sale Sale 40% Sale 14% Sale 16 4% Sale Sale 5% Sale 13 Sale 10% Sale 3% Sale 18% 15% Sale 48% Sale 22% Sale 46% Sale % Sale ix Sale 21% Sale 7% Sale 40 20% 35% % % 14% 3% May 1 May 10 May 8 May 13 May 6 May May May May May May 22 Sale 5% May 11% May 13% Sale 10 9% Sale 9% Sale 10 Sale 19 Sale 16% 3% Sale Sale 19% 6% Sale Sale May 10 3% May 10 May 15% May 3 3% May National ~2~ 166 191,900 800 252,900 551,200 6,700 890 526,000 23,500 234,430 1,400 6,300 1,200 "3", 166 Bellas Hess ......* 7% preferred........—.100 570,400 National Biscuit....... 10 7% preferred .....100 5,200 * 389,800 Nat Cash Register A 1,200,300 Nat Dairy Prod Corp —.....* 11,100 National Dept Stores * 1,650 708,100 35,100 234,430 2 1% 39% Sale 137% Sale 7% Sale 17% 7% 1st preferred.......100 Nat Distillers Prod $2.50 cum 40 2x 25 327,400 407,300 76,400 3,350 51,500 161,800 10,300 31,200 743,600 84,400 5,020 124,300 384,400 12,800 64,700 National Steel...........—* National Supply 400 460 390 680 170,000 650,400 3,800 414,000 * 50 ...... National Surety National Tea Co.. Nelsner Bros Nevada Cons Cop Newport Co (The) 100 10 .... * * ... ...* .... 600 New York Dock Sale 18% % Sale Sale^ 2% 31% Sale 35% Sale 18% 20% 4* 62% 72% 1 Sale Sale Sale 110 89 102 13% 109% 114 95 78% 11% Sale 92 14% 2% May 47% May May Sale 12% May Sale 17% May Sale x May Sale 2% May Sale 28% May Sale 33 % May x May Sale 8% May Sale 89 May 117 103% May 90 97% May Sale 11% May Sale Sale 19% Sale 5% Sale 37% Sale 7 Sale 44% Sale 21% Sale 21 25 Sale 49 Sale Sale 3% 20% 8% 10% Sale Sale Sale Sale 4% Sale Sale 6% 6% 1% Sale 5 Sale 6% 3 2 18% Sale 3 Sale 8% Sale Sale Sale Sale 17 Sale 6% 13% 100 .... a 2 4 12 .... 82 Sale Sale 8% * ..... Ex-dividend 5% * 5% preferred.. 1,500 100 96,592 N<Y Investors Inc.........* 220,900 N" Y Shipbuilding 1 6,551 7% preferred.... .100 1,770 New York Steam pref 6%.—* 7% 1st preferred.........* 1,692 466,500 Noranda Mines Ltd.......—* 1,320,100 North American. 6% preferred 14,200 ..50 699,500 North American Aviation 5 x 13% Sale 54% 136 127 35% May 6% May May 1% May 18 May 3 May 7% May 25 Apr. % Feb. May 29 3% May 17 19% May 29 7 May 18* May 29 25 50 29 8% Feb. 25 24 May 12 25 Jan. 6 46% May 31 9 % Jan. May 31 5 % Jan. May 16 7% Mar. 2 22% May 31 II 8 1% Mar. Apr. 31 6 2* 1% Mar. 21 5 Mar. 21 5 Mar. 30 ix Feb. 25 8 4% May 1% 55% May 27 31% May 27 118 5% 20% May 29 21% May 31 May 19 May 27 71% May 27 16% 24 May 27 5 May 26 % May 31 43% May 31 117% May 29 101 75, 95 May 25 15% May 29 6% 10/, 7!% iH* 46 24% 50% 4% 21% 8% 10% May May May May May May May 31 31 31 18 27 31 31 Jan. 25 11% Apr. 12 1% Feb. 28 136 5^ 3 7 Jan. 23 Mar. 3 Feb. Jan. 8 4% May May 27 Feb. iliU Jan. May inMay Mar. Mar. Feb. Mar. 71% 76% 13% 4% Feb. Feb. May Feb. Mar. Feb. Apr. Feb. 4 Apr. 6 17 Feb. 23 27 3 1X May 4 6% Jan. 1% Jan. 16 Feb. 10 29 31 19 27 27 27 31 26 31 29 25 May May May May May May 111 May 117% May 95 May 15% Jan. 11 5/& Feb. Feb. 15 4 9% Apr. 31 22% May 26 14 May 17 10% May 31 20 May 5 20% May 29 6% May 31 28 46 24% 50% 8% 21% 8% 10% May 31 May 31 May 31 Jan. 6 Apr. 29 May 31 May 31 * ..... No par value Sale 9% May 31 22% May 26 14 May 17 10% May 31 20 May 5 20% May 29 6% May 31 13 .........50 14,700 Newport Industries Inc 25,100 Newton Steel 27,900 New York Air Brake 400 59,900 52,100 of Del Preferred Class A 10,300 14,300 21,600 26% Sale 129 Rights 2,200 Nat Enamel Ac Stamp.......* 100 16,800 National Lead Preferred A... 100 3,655 Preferred B 100 1,820 651,900 Nat Power Ac Light ,-* 700 Sale Sale * pref Sale 2% 48 127 May 29 3% May 17 19% May 29 16% May 29 50 May 29 24 May 12 46% May 31 % May 31 2 May 16 22% May 31 8 May 31 Optional sale. i5* 5, 7 12 Sale Sale 62 Sale 83 Sale 96 Sale 24 Sale 22% Sale 38% Sale 6% Sale Sale 8% 14% Sale jfi Sale 90% 100% 28% 26% 43% 7% Sale 105 Sale Sale Sale Sale 2% May 3% May May 7% May 11 May % May 6% May 61 May 80% May 96 May 23% May 22% May 38 May 6% May 12 4% May 5% May May 9 May May 1% May 8 May 68 May 90% May 100 May 29% May 28% May 43% May 8 May 19 1% Mar. 8 2 Feb. 1 6% Apr. 13 5 11 Apr. 6% Mar. 13 % Apr. 19 12 1% Jan. 31 Jan. 12 80 Mar. 31 6 fl93% Apr. 31 17% Jan. 31 15% Apr. 32 Feb. 31 5 4 Feb. 4% May Apr. May 9 May 14% May May Apr. Apr. ii* & 8 24 13 11 13 19 7 7 18!* Jan. 9 110 Jan. 11 29% May 31 11* Jan. 11 Jan. 12 8 Apr. 29 STOCKS N. Y. STOCK In Since May. Price Jan. 3 EXCHANGE Jan. 1. 340 • 34,000 30 881,266 500",956 5% 25% 1% 24% * * Nu tin ally Co Ohio OH Co (The) 13,000 93,400 Omnibus Corp etc (The)—♦ Preferred A 100 2,000 32,300 Oppenhelm Collins Ac Co—* 700 Orpheum Circuit Inc PreflOO * 332,100 Otis Elevator...... 30,200 260 128,600 2x 22,530 110 20 5 6 11,960 2,920 170 1,094,100 661,000 Glass B 19,900 Panhund 220 510 5x 100 of 200 x 10x 7H • Pathe Exch 1 Sale * ..... J 6 $4 preferred class A —. Patino Mines & Ent Cons Preferred.. 160 60 Sale Sale Sale Sale 102 Sale Sale Sale 84 103 x Sale 4x, Sale 1% Feb. 27 3% Feb. 28 23% May 29 7% May May May May May May May May May 100% May 77% May 2x 74% 5X ix 14 x 96 x 3% 7X 29 29 29 31 31 27 11 11 31 31 27 33% May 23 May 85% May 105 May 4% May May 29 May 29 13% May 29 2k 1% Mar. 80 Jan. 2% Feb. 64 5% 1% Jan. 42 105 77% May 27 43% Jan. 23 May 85% May 110 Jan. 4% May 11 11 18 29 13 17 5 12% Jan. 11 2 12% Feb. 18 31% Jan. 20 Apr. 25% Alar. 6 Feb. 65 Mar. 101% May 1% Mar. Jan. 1 ix X Sale 7 9x ix x x 8 Sale 2x Sale X Sale ix Sale Sale 27 3% Sale 2% Sale x 2* iS* Sale Sale Sale Sale Sale 44 x Sale Sale Sale 38% Sale Sale 103 90 89 4 3x 5% Sale 3% 20 24 a2va Sale 66 x 15 10 70 *73% Sale Sale 78 6 101 Sale Sale xx 29 X 24 X 100 ... v.8,700 People's Gas L Ac Coke.. 11% Mar. 6 Sale 12 27 May 11 May 11 Jan. 5 Feb. 17 6 19 2% Feb. 22 Apr. 100 Apr. 31% Mar. 18 29 27 17 Jan. 102 93% Apr. 1% Alar. 18 Jan. 20% May 31 10% Feb. May 12 27 23% May 29 x May 15 May 73% May l6l% May 3% May 13% May 31 5% May 29 23% May 29 "4% "Feb.'27 5% A.ay 29 May May May May May May May May 36 May 100 x May 53 May 25% Sale 31x Sale 22 'i§%~May"3l 12 deposit..10 Park Ac Tilford — 41,100 24% 29 x 15% 73% 101 3x 3 9 1 1 % 10% 2% 1% 29% 3% 2% May May Jan. May May May May 18 15 4 31 x May 1 6 May 8 1% May 13 10% May 15 x 7x 2x x May May May May 2 2 1% 29% 3% 2% May A4ay May May 31 27 31 31 1 May May May May May May May May May May May May May 1 Alay 31 4 31 % Jan. 4 May 31 31 1% Jan. 25 31 5% Jan. 16 17% May 31 1% May 18 18 % Feb. 16 25 *25% Feb. 27 45% May 25 27 19% Alar. 2 39% Alay 27 s 4 cl04%Feb. 17 31 90 Jan. 4 % May 29 2 29 % Feb. 5% May 15 15 % Jan. 25 31 4% Mar. 2 21% May 31 28 Alay 29 29 10% Jan. 25 78 May 31 31 65 Apr. 11 78 Jan. 9 18 27 41% Apr. % Apr. 18 26 % Mar. 30 % Apr. 5 5% Jan. Sale 2 Corp—10 10,000 Peerless Motor.... 99,800 Penlck Ac Ford........— 578,600 Penney (J C) Co 101 Preferred 35,007 5,800 Penn Coal Ac Coke...... _5( 109,900 Penn-Dlxle Cement.... 100 7% preferred series A 2,800 1,900 People's Drug Stores Inc 900 100x Sale 71x Sale 3 5 26% Apr. 27 1% Feb. 23 £9 May 3 Sale x * 8% preferred Certificates *12" 5 Ac Ref Prod 161,200 Park Utah Cons Mines 29,200 Parmelee Transport Co. 2,000 91,700 1,900 Sale Sale May 7x May 2% May 9x May 74% Jan. 16 8 Mar. 20 41% May 31 3% May 27 Apr. 19 May 18 48 67% May 17 / May 1 41% May 31 3% May 27 29 May 3 50 new.. Paramount Publtx 41,300 31,000 161,940 Sale Sale 5X Highest. Sale Prices. 11% "T.920 23,600 15,500 106,240 6,100 25,000 137,400 8 Sale Sale Sale 16 Lowest. Sale Prices. stock.......—-.50 B 14,600 474,900 19,600 31,200 Sale 7x New Class 16",500 Sale 2% Sale Pan-Amer Pet Ac Trans 27,700 78,100 23,600 12} 2} 37 39 Packard Motor Car """400 81 Sale 40 30 X 2 29 98 x Sale 78 108 28 19 103% 34 5 Sale Sale 80 Sale May 4 May 18 May 2 May 3 Sale Sale Sale Prices. 54 Sale 7 3X Sale 70 76 Sale 25 320,100 Pacific Gas & Elec * 146,800 Pacific Lighting Corp 100 19,450 Pacific Mills 7,345 Pacific Teleph & Telegr..100 Preferred...........—100 1,230 138,800 79,200 2k Sale 9% sale 2 "X Highest. Sale Prices. Sale Ask 12% Sale" 4% Sale 23 Sale '~8% Sale" 11X Sale 98X 100 . 177,900 ' IX 40 66*1 7k 7k 60 6% preferred.... 100 2,210 * 269,600 Otis Steel Prior preferred.. 100 41,921 .............—* 470 Outlet Co Preferred. ........100 160 25 362,800 Owens-Ill Glass Co 700 180,700 42 Sale ix ix 3X 5 178,600 Oliver Farm Equip Preferred A,..————* 32,400 800 7 ~6% 116,700 17,800 Ask. Bid. 67 x 50 56 6 6 Sale 41x 28% Sale 3X 2X Sale 30 v 24% 29 Bid. 71 66 * 11,100 North Amer Edison pref 6,200 North German Lloyd 550 Northwestern Telegraph..50 * 59,700 Norwalk Tire Ac Rubber Preferred 50 30 3,500 3,800 Ask. Lowest. May 31. May 1. 1933. Bid. Par. Shares. Shares jan. 1. range since prices in may. aggregate sales. v EXCHANGE—STOCKS N. Y. STOCK 38 % May 2 May 10% May % May 42% May 33% May 101 May May May May May May 54 May 4 17% 1% 45% 39% 103 4% 5% 21% §' 28 78 69% Jan. 6 M 26 Jan. 9 Mar. 21 27 31 31 . Rights 18,100 15,100 85,400 295,000 4,900 5x 6% 4X Sale 4X Sale 30 x 34 • Pet Milk 194,500 Petroleum Corp 576,347 Phelps Dodge ...25 10,800 Philadelphia Co pref 6%_.50 900 500 $6 241",400 161,306 Phila 10 * 3% * ........100 3x 18% pref 8c Reading C&I non-cum 1,200 Phillips Jones Corp.... 100 Preferred 17", 200 Philip Morris Ac Co 859,952 Phillips Petroleum 2,030 Phoenix Hosiery... 13",000 549,500 1,240 9 8 10 4 7 39% 4x Sale 2% 2x * 5 100 35 40 1,800 Plorce-Arrow Mot C prsf__100 3,400 Class A ..» 101,900 Pierce OH Corp 25 17,600 8% preferred..........100 17 19 470 900 2,800 78,500 10,100 74,100 40,300 Preferred 112,206 Pierce Petroleum 79,306 Pilsbury Flour Mills • . 290 5,000 630 9,200 4,330 3,700 248,400 40,000 13,300 18,000 78,600 5,756) .......100 Pref conv 2x 5 X Sale 3% 10 31x 4% 17% 2 10x 40 6 18 2x 12 10 6,900 33,800 134,800 2,520 47,100 1,168 2 16 17 6 xx 1,398| 7% preferred.. 110i 10 50 ; ....... 600 12,366 12,966 1,900 3,000 & ... 29 x 101 Sale Sale x Sale 3x 4 Pref ctfs of deposit 3,300 PubSer Corp of N J pf 8%.100 423,200 Common * 4,500 7% 100 1,200 161,900 6% preferred $5 preferred ...... 100 * 4 1 1 * lot ..50 Sale 8 4x 4,500! Preierred 5% 51,400 Producers At Ref Corp 2!* 5 2 Common... 395,450 Procter Ac Gamble Sale 8 10,520 Pressed Steel Car 1% pf-.lOO 700 3,400 ....... Poor Ac Co class B 30 5 54,400; 46,l66 va ix 2X x 5% 5% 7x 285,300 Plymouth Oil « Sale 18% Sale 42% Sale 12% Sale 1 21,700 Porto Rlcan Am Tob cl A * 22,300: Class B 124,500 Postal Teleg At Cable pref.100 1,600 Prairie Oil Ac Gas 25 9,025 Prairie Pipe Line 25 • 5 Plttston Co (The).... ix Sale % Sale 1 x ix 9% 2x Sale Sale Sale 6 8x 5,450 10 % 120x 125 53 x Sale 105 x Sale 298 Sale 84 88 2% 33% 1% 7% 3% 3X 1% 12% 7% 10% Sale Sale Sale Sale Sale Sale Sale Sale 10 12 6X Sale 1% Sale 38 Sale L00% Sale 2 5% 57 Sale 3% 8% 25% 60 12% Sale 14 Sale 8% Sale 35% 45 2^ 6 10% Sale 10% Sale 14% Sale 30% Sale 52 4x Sale 3x 9" 17% 74. 10% Sale 8x Sale 6 * 2,400 Pirelli Co of Italy A 23,900 Pittsburgh Coal (of Pa) 100 9,800 6% preferred 100 9,106 Pittsburgh Screw At Bolt * 1,400 Pittsburgh Steel pref....100 7,600 Pitta Term Coal .......100 936 6% preferred 100 11,300 Pittsburgh United 25 900 12,900 7,400 7,400 31 55 28 61 preferred.. 5% 8X Sale 8X Sale 10% Sale 12 7 Sale Sale 1% Sale 10% Sale 1% Sale 21% Sale 46 16% Sale 40 5% 35 Sale Sale Sale 1% 8% Sale Sale 5 56 Sale Sale 2% 16% 8% 5% 3% 13% 11% 16% 3 Sale Sale Sale Sale Sale 11% Sale 8% Sale 2 Sale 41% Sale 100 Sale 1% Sale 6 8% 9 3% 4% Sale 120% Sale Sale 51 Sale 8% 7% 9% 27 47 May 18 10% May 31 15% May 31 30% May 31 52 May 29 11 May May May 2 May 11 May 12 May 31 5% May 9 6 3% May 5% May 13% May 29 14% May 31 8% May 31 10 May 8% May May 3 9 4 4% Jan. 3 4% Jan. 4 25 Apr. 11 47 Alay 12 22 12 - 12 4 3 11 10 May 2% May May 101% May 2 May 9 May 3% May 120% May 51% May 105 May 92% May 79% May 4% May 1% May 37 May 97 May x May 5 May May 1% May 10% May 1% May 23% May 47 May 16% May 42 May 6% May 38% May 2% May 10 May 5% May 58 May 3% May 17 May 9 May 6% May 4 May 16% May 9% May 16% May 12 7 May 3% May 109 May 109% 41 46% May 102 94 98 104% 98% May 85 87% 89% 92% 84% May 72 Sale 71% May 79% Sale 15% Alay 31 32 Jan. 20 52 May 29 May 31 5% May 9 6 2% Feb. 27 Feb. 8 3 Feb. 8 13 % May 23 Mar. 31 31 31 24 31 Feb. 17 7 Apr. 18 Apr. 18 31 12 24 29 31 29 18 27 19 25 2/ 31 19 31 27 17 17 11 23 31 29 14% May 31 8% May 31 40 Feb. 7 4% Jan. 4 1% Mar. 15 25 5% May 1% May % May 6% May % May 18% May 42% May 12% May 30 May 3% May 25 May 1% May 06 May 2% May 32 May 1 May 7 May 3% May 3% May 1% May 11 May 8% May 11% May May 18 10% May 31 11 2 6% Feb. Jan. 12 May 31 Jan. 3 1 % May 24 Feb. 28 Jan. 23 10% May 31 1% Alay 31 23% Alay 12 47 May 29 16% May 31 May 29 42 6% May 18 38% May 27 May 19 Alay 25 May 27 May 31 3% May 19 May 31 17 9 May 27 6% May 17 4 Alay 17 16% May 11 9% May 23 16% May 31 4 Apr. 4 Feb. 25 17 Jan. 25 1% Feb. 10% Jan. % Feb. 15 4 Jan. % 15% % 6% 1% 1% % 8 6 Feb. Feb. 27 1 Apr. Feb. 24 3 Apr. Mar. 23 Feb. 27 Feb. 4 6 18 27 5% Mar. 21 Alar. 22 7 51k 271 8% May Jan. 2% May % Jan. 21' 28 43% May 19% Feb. 97 Apr. 18 104% Jan. May x Jan. 3, 2 May 2 9 3 Feb. 3 Feb. 231 3% May Jan. 25 125 167 Apr. 4 55% Jan. 33% Apr. 17 112% Jan. 91% Apr. 4 101 % Jan. 80 Apr. Apr. 18. 88% Jan. 31; 68 31 5 27 3 103% Jan. 27| 46 May 11 26 31 5 27 22 19 24 8 31 31 13 25 3 12 19 24 8 9 11 12 24 31 Public Service El At Gas— 1,800 149,500 101 103X 19 x Sale 5,500 $5 preferred.. 427,400 Pullman Company.. iPunta Alegre Sugar.... 301",700 420,600 Pure Oil.. * .........100 363,200. Purity Bakeries * 6,5261 3,370 182,100 1,614,900 11,900 143,800 3,195,433 21,800 268,600 58",666 132",000 Radio Corp of Amer.......* 146,200 107",800 8% conv pref 7% preferred 93 * 34% Sale 94 97 41% Sale 8% Sale 4% May 37% May 14% May 95% May 26 May 26 89% May 32 May 89% May 46 18 8% May 23 May 24 23% May 27 30 Feb. 50 "A" 50 _• Preferred B Sale Sale 49 Sale 7X Sale i5% Sale 22 Sale 5X Sale 18% 9X Sale 22 3X Sale 60 67 16 4% 37% 6% Sale Sale 15% Sale 59 2 6% May 1 9 May 9 40 14% May 8 22% May 31 May 3a May 31 2% Mar. 2 Mar. 3 5% Feb. 24 3 Feb. 23 8% May 23 62 Jan 12 23% May 27 9 May 31 May 31 22% May 31 8% Sale 36% Sale 21 21 2% May 1 3% May 29 1 Mar. 31 3% May 29 5 Feb. 23 1 17% May 27i 15% May 17| 60 May 16 2% May 17 9% May 17% May 27 15% May 17 60 May 16 2% May 17 9% May 16 Sale 13% Feb. 28 6% Feb. 28 40 Radto-Kelth-Orpbeum cl A.* Class A • new... Rand Mines... 62,900 440 101,800 3,700 190,300 Rem'ton-Rand 1 I st preferred 100 3d preferred ...10* 420,120 Reo Motor Car ............5 835,106 Republic Steel Corp 140,305 Convertible preferred ..100 7,500 Revere Copper Ac Brass.. • 950 241,700 476,900 77,000 3,200 1,900 460 69,000 8,400 No ......... 6,406 800 * * ..10 94,600 Real Silk Hosiery Preferred.. —.....100 1,540 • 9,800 Rels (Robt) Ac Co_.«. 1st preferred 760 100 240 9.100 par ... 2,180 1,150 3% Sale Sale 10% Sale 14 Sale Sale 50 46 2ff • c Cash salt 9* 4% Sale 15 17 1% 4% 55 Sale 7 Sale Sale Sale 11% 16 4% Sale Sale Sale Sale 27% Sale Sale 13 3 4 13,300.Reynolds Spring Co Sale *16% 20 • Ex-dividend 2% Sale 12 ......100 Preferred... x a7,* Sale • Class A 87,100,Reynolds Metal Co value 3X Sale ...... Raybestos-Manhattan 4 6% Sale 25 Sale Sale 10% Sale Sale halo Sale a u 11% May. 9 46 May May % May 10 3% May 12 4% May 15% May 16 May 4 May 12% May 25% May 3 May 6% May 20 May 10% May 4% May 16^ 7% May May May May May May 10 May 12 May 46 May 19% May 10 May 3 28 2 9 ~ 27% 5% 15% 36% 2 8 29 26 29 15 17 31 31 17 31 31 29 5% Feb. 27 Jan. 4 x Jan. 1% Jan. 3 3 25 2% Feb. 23 7% Feb. 27 Feb. 27 1% Feb. OR 4 Feb. 9 Feb. 27 28 Jan. 10 8 Mar. 2 Feb. 14 Feb. 27 1% Feb. 28 7% May May May May May Alay May May May 19% May 10 May 29 26 29 15 17 31 31 17 31 31 29 N. Y. STOCK June, 1933.] AGGREGATE SALES. Since May. Shares. 564,300 380 May 1. 1933. Par. Bid. Ask. Sale 39% Sale 10 300 Rhine Westphalia Rlec Pr 123,500 Richfield Oil Co of Calif 27 60 61 61 Sale 14 > 20 14 Ask 42% Sale 60% 61 Sale — Sale • % % Sale 3,500 Rltter Dental Mfg 67,550 Rossla Insurance ........—5 67,600 Royal Dutch Co N Y shs 111,200 Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. May 31. Ask. Bid. Bid. 1* 1,558,000 Reynolds (RJ)Tob cl B Class A 2,742 300 RANGE SINCE JAN. 1. Price Jan. 3 exchange Jan. 1. Shares. PRICES IN MAY. STOCKS n. y. stock In 39 EXCHANGE—STOCKS 3% 4% 20% Sale 11 Sale 3% Sale 24% Sale 7% 40 Sale 17 Sale 20 Sale Sale 46% Sale 50 Sale 85 Sale 86% Sale 1% 38% May 60 May 14 May % May 4 2 43% May 31 61 May 15% May 17 1% May 16 26% Jan. 3 60 Jan. 5 14 May 1 Feb. 21 43% May 31 62% Jan. 24 18 Feb. 14 1% May 16 100 Rio Grande Oil............ ~2, 200 42,450 18,600 245,200 115,100 530 1,780 17,200 66,600 2,280 810 155,900 3,800 757,400 5,800 1,700 422,800 258,600 4,520 5,070 22,000 74,200 3,290 2,390 359,110 4,700 1,693,600 17,100 5,000 St Joseph Lead.. —10 Safeway Stores...........—* Preferred (6)......——10* Preferred (7) ........100 Savage Arms Corp..........* Schulte Retail 150 224,700 10,000 4o,i00 174,500 Scott Paper........— Seaboard OH Co of Del.....* 2,900 2,000 3,560 $5 conv ...1 preferred 88 96% 2% f* Oil Corp.. —.25 100 8c Ir.100 100 Snider Packing.. New 33,366 1,940.456 Sale 20 Sale 37% 40 31% Sale 4 4% 35 27% Sale 1% 1% 25% Sale 2% Sale 36% Sale 1% 2% 34 % 2% 5% 3% 25% 8% Sale Sale Sale Sale Sale Sale 15 11 Sale Sale * 10 13,300 317,600 i3% 700 Sale Sale 14 4% Sale 4 500 252,100 69,200 7,800 3,600 2,800 10,800 3,700 442,000 22.300 683,100 3,400 33,000 12,800 5,000 136,000 358,900 2,120 149,600 8,100 420 12,100 168,800 35,500 3,700 8,400 14,700 17,200 41,100 531,000 229,700 100,500 186,800 9% May 26 30 May 26 40 May 29 33% May 29 4% May 29 31% May 31 3% May 31 May 31 44 Apr. 18* zlH 18* il* 31 27 18 26 27 29 31 31 31 31 31 8 2 6% Feb. 27 28 Mar. 72 Apr. 3 _ 80% 2% % 3% Feb. 15 Apr. Mar. 3 Apr. 25 28 Jan. 24 15 3 Feb. 13 1% Feb. 25 12% Feb. 25 1% Feb. 28 24 Feb. / • 9 May 31 35% May 29 26% May 31 32% May 27 Sale 2% May 8 % 1% 1% 2% 21% 5% 11% 3% 28% 24 14% May 27 7% May 31 May 31 27 21 % May 31 52% May 27 90 May 11 97% May 19 9% May 29 9% May 26 30 May 26 40 May 29 33% May 29 4% May 29 31% May 31 3% May 31 44 May 31 ■ Mar. 28 Feb. 4 Feb. 23 Feb. 27 Mar. 2 Apr. Mar. Feb. Mar. 4% Feb. 4% Feb. 4% May 31 Sale 8% Mav 3 11% May 31 Sale 26% Sale 25 Sale 30 8% 12% 36 2% 2% Sale "7% Sale" 10% Sale 11 70% Sale 82 2 63 Sale 16% Sale 112 4% 4% May 31 31 25% Sale Sale 32% Sale 118% 124 22 Sale 20% Sale ..... 4% 16 317,600 Sperry Corp (The) 4,300 Splcer Mfg Co. v t"c 5 1 8 21 17 28 28 28 22 % May 31 5% May 27 May 18 7% May 26 38 May 27 10% May 29 18 Jan. 25 7% May 31 49% May 31 11% May 31 15 May 31 10 9 35% 26 % 32% Feb. Feb. 7 Jan. 3 8% Feb. May 31 May 29 May 31 May 27 % Mar. 31 4% May 31 Mar. 23 11% May 31 5 Sale 2% Preferred (7%) Preferred (6%) 18% 3 15% Sale 121% 123 11% 20% JS" 21% * Com'l Tobacco 48 Sale Sale .* Standard Investing Corp...* Standard OH Export pref. 100 Stand Oil of Calif • Standard Oil of Kansas.—. 10 Standard Oil ef N J 25 Starrett Co (The L S)...—--* Sterling Sec Corp cl A * Preferred * Conv 1st preferred 50 194,500 497,400 Stewart Warner Corp. Stone 8c Webster.. Studebaker Corp pref Common % 100 Sale Sale 24% Sale 15 15% 30% Sale 5 % 1% 22 8 % 2% Sale ....* • Preferred 100 Superior Steel is 105,800 3,400 49,100 9,600 11,000 52.300 82,400 2,600 413,700 37,300 M '8 1,100 1,500 190,400 320,900 • 1,300 Tidewater OH........... 4,900 5% conv preferred......100 10 247,800 Tlmken-Detroit Axle Co • 558,700 Ttmken Roller Bear Third Nat'l Investors —"l —25 Tidewater A««oc Oil.. Preferred 0%.. 26 — - Tobacco Products Corp... 8% 45 o 1/ 14$ 15 50 o Sale Sale 36i Sale 100% Sale Sale Sale 5 37% 9% 55 3% 24% 34% Sale 7 Sale 14% Sale Sale 21 Sale 4 Sale Sale Sale 94% Sale Sale 2% i: Sale 16 3% Sale 42% 40 Sale Sale Sale 9 12 * Sale Sale Sale 16% Sale 25% Sale 2% Sale 6% Sale 575 775 1 400 VP* 39 6 Sale Sale Thompson Starrett Preferred.. 125 12% Sale Sale 7% Sale 33 35% 2% Sale 16% Sale * 122 IPs 3 4%\Maie Sale 9 Sale 10 Thermoid Co........... Thompson (J R) Thompson Products 7 5% Sale Thatcher Mfg Convertible preferred. Sale 24 1 ... 8% 20% Sale 10% 100 92,500 3,300 39,000 3,200 6,400 41,000 72,600 1,100 258,700 17,200 Sale 93 Superheater Co (The)......* Superior Oil * 4,800 Sweets Co of Amer (The)—50 * 9,700 Symington Co Class A i * 25,000 26,300 Telautograph Corp * 53,900 Tennessee Corp .... * 913,930 Texas Corp (The)....——25 572,300 Texas Gulf Sulphur • 130,400 Texas Pacific Coal 8c OH—.10 1 310,600 Tex Pac Ld Trust ctfs Certificates (old).. .100 Sale 35 Sale a 9% 20% 3% 38% 100 Sun Oil................ Sale Sale * — 123 25 25% Sale 32% 1% 2% \K 2 1% Sale 100 97% Sale 33 30% Sale 15 Sale 25% 10 8,269 461,725 14,900 1,830 27,200 231,200 47,500 4% Sale 2% 21 1% % 11 122 Sale 30 Sale Sale May 11 May 17 ~~6~ May 17% Sale 5% Sale 12 10% 13% Sale * ....... Sale 20 15% 20 3% 4% 19% Sale 24 31 12 31 3 May 29 8% May 29 40 Sale 35 28 ""5"" ""5% May May May May Feb. 25 85 May 24 34% May 31 Mar. 30 28 Jan. 11 2% 6% 19% 4% 17% 122% 5% 8% 17% 3% 37 96 93% 10% 1 % 5% 18% Sale 2% Sale 8% Sale 3 Sale 1% Sale 2% Sale 12% Sale 5% Sale 22% Sale 28% Sale 6 Sale 8% Sale 750 2% Sale Sale 19 Sale 12% 13% 3% Sale Sale Sale 21 Sale 7% Sale 41 58 15% Jan. Jan. 112 17% Apr. 12 4 120 7 3 2 2 19 15 9 13 35 5% 20 18 5% 9% 21 8% 21% 22 11 124 May May May May May May May May May May May May 31 31 31 29 15 31 31 25 26 29 27 4 15% May 12 23% May 12 44% May 12 40 May 12 May 31 May 31 100 May 29 34% May 31 26% May 31 37% May 31 9% May 24 2% May 17 6% May 27 36 May 24 IS May 1 May 1 May 10 May 6 May 12 May 5 May 2 May 4 May 1 2% May 4 % May 10 1 May 3 10% May 3 May 14% May 24% May 2% May 5% May 7% May 15 16% May 17 21 May 31 4% May 44% May 31 96 May 29 19% May 17 3% May 31 9% May 26 3% 1% 2% 13% 5% May May May May May 23 May 29% May 6% May 8% May 24 18 31 17 31 31 29 29 29 4H Feb. l* Jan. 25% Mar. 4% Feb. 31H Jan. Jan. 25 >■:<- Jan. Feb. 15% Jan. 5% Mar. 8% Apr. 20 Apr. 17 Apr. 1 4 11 10 3 41 Jan. 2% May 31 2% May 31 Jan. Mar. Mar. Mar. 101 Jan. 6 34% May 31 26% May 31 37% May 31 9% May 24 2% May 17 6% May 27 May 24 36 Apr. Mar. Feb. Mar. 2% Feb. 24 5% Feo. 27 3 9 Apr. 1% Mar. 20 35 Feb. 25 89 Mar. 16 7% Feb. 17 4 % Jan. 28 2 Feb. 1 Mar. 22 % % 8% 1% 10% 15% 1% 3% 11 Jan. 25 46% Jan. % Jan. 1% Feb. 20 23 2?M Feb. 13% Mar. % 92% 19% 12% 22% Jan. May 31 5% May 31 May 25 May 26 8% May 29 21% May 27 124 May 4 11% Mar. 121 3 18 7% Apr. 2% May 5 Feb. May 31 May 31 5% May 31 1% May 29 35 Feb. S 27 May 29 May 29 13 17% Feb. 20 Jan. 6 11 17 28 28 20 3 Mar. 31 Apr. Apr. Feb. Feb. Feb. Feo. Mar. May 15 May 17 11 7% 16% 34% 5% 44% Jan. 98 Feb. Jan. 6 May 31 2 19% May 17 3% May 31 9% May 26 3% 1% 2% 13% 5% Mar. May May May May 15 18 31 17 31 23 May 31 29% May 29 6% May 29 8% May 29 950 18% Sale 41% May May May May May May May May May May May 10% May 13% May 31 May 25% May 1% May 1 May 94% May 26% May 14 May 31 May 5% May 1 May 3% May 23% May 43% Sale Sale 6 3% Jan. 11% Sale 12k $4 preferred.............* 1} 4] 13 33 1% Sale % 1% Convertible preferred A..* * 20 3 20 12,800 Spiegel-May-Stern Co......* * 1,196,600 Standard Brands Preferred * 2,600 Standard Gas 8c Elec.. §8 31% 6 22 1 .* 70% May ' 1 85 26% May 15 34% May 4 120 18% May 2 23 117 12 ?% 4 » Sale 29% 115 114 ...100 18,200 Spencer Kellogg 8c Sons....* Stand 27 11 19 29 3 3 4 8 33 18 ♦ 790 Spear 8k Co 90 7% preferred 443,200 119,500 15,600 8,600 5,100 20,000 24,300 873,507 68,200 1,612,210 4,000 43,500 19,700 8,800 52% May 90 May 97% May 9% May May May 21% May 8% Sale 31 Sale 7 1st preferred...........100 100 Spang Chalfant 8c Co.. * 600 18 21 % May 31 % May May May May May May May May 49 H May May May % May 2% May 5 Sale May 3% May Sale 38% 25% May 7% May Sale Sale 15 May Sale 5% May Sale a38% May Sale 5 6% May Sale 9% May 25% Sale Preferred 100 5,856 135,500 Sparks Wlthington.........* 300 8,900 516,700 8% 6% 37% 10% 7 * Class B 2,200 Spalding (A G) 8cJBros. 460 Sale Sale % Sale 4% Sale 9% 830 101,200 3% 44 6% Feb. 25 2 17% Mar. ._......_* _ 15,300 5%% preferred ...100 515,600 So Porto Rico Sug * 1,336 8% preferred ....100 256,300 Sou California Edison—25 90 200 30% Sale 7% 47% 10% 6% 40% 26 15% May 45% May 85 May 90 May 4 May 1 May 4 May 35 May 25% May 1% May 22% May 2% May 15 35 May 3 14% May 27 7% May 31 May 31 27 ......* Socony Vacuum Corp.....25 Solvay Am Inv Corp— 400 4 Sale 500 Southern Dairies class A—* 300 300 Sale 2 .100 . ....... •■■■i Sale 8 5% Sale 11 May 3% May 23% May * — 97 Sale Sale Sale 2% 31 88 1 19% Sale 14% 16% 6% Sale 26% Sale 4 92 30 19 Preferred 121,000 14 Sears, Roebuck 8c Co...... Second Nat Investors.......1 42,500 Skelly OH Co... Preferred 11,900 3,200 Sloss Sheffleld Steel Preferred 7,080 26,600 230 1% 2 8% preferred.. 1,800 157,600 94 Corp (The).......* Sea grave Sinclair Con 960",600 100 * 8% preferred 77% 10 38,900 Seneca Copper .........* .........1 323,800 Servel Inc 48,200 Sharon Steel Hoop .....—* 114,900 Sharp 8c Dohme * Conv pref series A 5,600 * 196,800 Shattuck (G F) * 1.240 Shell Transp 8c Trading— £2 * 365,200 Shell Union Oil Convertible preferred-. 100 23,900 10 114,000 Slmms Petroleum .......* 291,900 Simmons Co 16,500 238,500 36,200 80,700 2,800 122,300 22",900 * Stores.. 7 Sale 12 15% Sale 60 62 65 Sale Sale 5% Sale 25% Sale 5% Sale 6% Sale 0^4 5% oaie Sale 7% 8k 6% Sale 7% May 1 8 2% May 10 15 May 5 9 May 1 8 May 1 1 May 1 19 May 13 2 4% May 34 May 3 May 31 May 01 41% iviay 31 3% May 16 19 May 31 12% May 31 13% May 31 3% May 31 21 May 31 7% May 31 42 May 31 11% May 15 May 6 3% May 3 20% May 9 M ay 26 5% May 31 27% May 29 30% May 55 15% May 31 60 5 Feb. 15 27% Feb. 6 28 10 Mar. 1 6% Mar. 18 5% Jan. 6 % Mar. 3 12 Jan. 10 3% Jan. 13 23% Apr. 6 1 Feb. 9% Apr. 20 45 Feb. 2 1% Mar. 22 13% Feb. 23 19% May 31 41% May 31 3% May 16 May 31 May 31 May 31 i May 31 May 31 7% May 31 44% Jan. 12 15% May 31 Apr. 24 5% May 31 27% May 29 60 • Certificates of deposit....* Class A • Class A certifs of deposit..* 412,700 746,900 Transamerlca Corp.. 6,800 252,210 4,200 50,800 9,500 37,200 35,500 34,000 8,500 Tran 8k Williams Steel Forg* 472,310 Tri-Continental Corp • 9,700 Preferred................* 62,300 Trico Products .....—.* 11,100 Truax Traer Coal......—* 10 53,900 rruncon Steel Co • 44,000 Ulen 8c Co. 67,700 Underwood Elliott Fisher..* 30 140 14,700 394,000 24,100 1,179,500 * No par value, * 7% preferred _• Union Bag 8k Paper...—.—* Union Carbide 8k Car ......* a ..... Optional Sale 5% Sale 5% Sale 66 35 1% Sale 23% Sale 88 90 9% Sale 34% Sale Sale Sale 2% Sale 28 98 Sale 105 14% Sale 5% May 5% May 5 May 60 May 24% May 1 May 4% May 1% May 20% May 90 May 9% May 32% May 2 7% May 31 2% Mar. 9% May 17 2% Mar. 2% Feb. 41 Apr. 20% Feb. % Apr. 6% May May May 3 May 7% May 2% May 29 May 100 May 14% May 40% May 73 35 31 9 29 20 24 18 31 22 31 29 2 Mar. % Jan. 9% Feb. 76 Apr. 5% Jan. 19% Feb. 2 7% May 31 9 May May May 35 May 3 May May 2% May 29 May 100 May 14% May 40% May 6 73 17 31 9 29 20 24 18 31 22 31 29 STOCKS N.Y. STOCK In Since May. Price Jan. 3 EXCHANGE Jan. 1. 1933. 141,200 21,700 2,011,100 4,200 3,000 81,200 110 1,763,100 44,900 4,590 900 Preferred... 680 500 9,800 40,600 2,200 21,200 65,200 10,000 63,500 7,700 32,800 142,300 3,225 27,100 577,100 198,100 180,300 3,000 290 800 730 21,400 335,000 149,100 106.100 1,000 96,300 220,400 125,200 134,900 4,300 1,683,000 92,400 11,900 4,153,545 United States Steel 449,600 7% preferred 33,300 U S Tobacco 70 280 259,300 59,900 600 57,100 2,020 21,500 620 960 365,800 8,910 930 600 830 19,000 100 51,500 4,500 31,200 10,000 372,200 900 19,800 117,900 4,910 90,300 19,800 780 580 8,900 19,600 437,000 61,700 497.101 710 24,300 700 26,700 6,500, 700 800 23,900 20,700 4,100 42,500 1,400 118,500 97,900 28,800 445,100 119,100 1,800 4,500 490 22,300 3,100 195,800 1,500 22,800 200,900 12",006 140,900 11 Sale 25 103 14 9X No par value, x 7 17% Sale Sale 2 % 115* 5% £19% Sale 9454 92% 2% Sale 1 50 47 53% 30% Sale 11% 10% 4% 50 2 Sale 54 Sale 6% Sale 104 Q Sale 9% Sale 34% Sale L05 Sale 2% Sale 29% Sale 2% Sale Sale Sale Sale Sale 40 Sale Sale 59 139 62 Sale Sale 1 50% 4% Sale 48 % 77 7% Sale 88 80 ix 1x 3 3 Va A Sale 12% 16 Sale va Sale IX 4 9% 9 IX .... 1 Sale 10 * Sale 49 ..* 38% Sale * 45 49 % 7% preferred. 100 Sale 43 Preferred (6) ..108 106% Sale West Penn Pow pref 7%..100 Sale 6% preferred 100 100 Sale 4 Western Dairy Prod A— * l3/ Class Bvtc — * 27 % Sale Western Union Teleg 100 11% Sale Westlnghouse Air Brake * 27 a Sale Westlnghouse El At Mfg-50 Sale 70 7% 1st preferred 50 4% 6 17 x 12 ox 7x 20 - 10 8x 24 x 47% 30 102 11% 11% 15 2 5 354 1 854 8 20 Sale Sale 10 % 6% 57 70 Sale 16% Sale 39% Sale 112 109 8% Sale 45% Sale 16% 57% 33 14 Sale 6 23% Sale 70% 75 56 Sale Sale Sale Sale Sale Sale 1% 41% 7% 76% 2% 11 28% 68 7% 73 154 454 1% 13% Sale 43 Sale Sale 10 55 2% Sale 4 8 1% Sale 6% Sale 12% Sale 10% Sale 3% Sale 60 65 % 1 18% Sale 50% Sale 35% Sale 40% Sale 35 Sale 97 Sale 86 Sale 4% Sale 2 38% 21% 35% 73 r/> Sale Sale Sale Sale Sale Sale 6% Sale 11% 17% 11% Sale '' Sale Sale F 1 4 7 Sale 5 % 7 78% 1% 4)% 1% 16 1 Sale 13 Sale 26 16% Sale 12 Sale 58% 65 ya 2** Sale 53 Sale a 58% Sale 64 Sale 53% Sale 103 92 15 May 5% May May May May May 35 95 Sale 86 Sale 4% 1% 34% 21% 34% Sale 73 Sale 18 5% May 10% May 10% May 8 10% May 30 May 11 16 May 27 13% May ~ % May 2 May 3% May 20 May 2% Sale 9 3 10% May 3 May 61 May % May 17% May 49% May 35% May 39% May Sale 7% Sale 43% 28% 43% 83% 3% May May 14% May 80 May 15 - May 54 Sale Sale 16% Sale 17% Sale 43% 52 Sale 52 May 19 100 8% May 26 78% May 11 7% May 2 10% May 2% May 1 May 2 28% 2% May 7% May 15 Sale 3 Sale 9 31 Sale Sale 16 34% 17% Sale 39 Sale 26% Sale 26 31 Sale 37 Sale 34 Sale 24 45 7 27 27 29 19 26 16 18 17 31 11 3 eg 13 1 17 18 Mar. 31 3 1 9% Sale 6% Sale Sale 54% Sale 15% Sale 17% Sale 49 Sale 13% Sale 4% Sale 21 Sale 22 37 Sale 2 Feb. 4* 4 4 2 Jan. 10% Jan. 37% May 3 May 40 May May May 2% May 12% May 20% Jan. 31 23% Jan. % Apr. 8 31 26 23% May 27 27 11 11 17 26 12 29 18 3 Apr. 19 11 14 Mar. 31 Jan. 9 1 100 85 May 2% May 25 x Jan. 23 4 3% Mar. Apr. % Feb. 45 Mar. 21% Apr. 96 Apr. 10 Apr. 6% Mar. 12% Apr. 28 7% % 3% 36% 18 101% 1 % 13% 2% 4% 1 10 23 26 30 23 28 16 17% May 27 May 40 9 112 Jan. 3 Apr. Feb. 28 1 Mar. Feb. 25 24% 4* May May May May 70 May May Feb. Feb. 10 May 29 Feb. Jan. Jan. Mar. 28 30 Feb. 2% 2% 5% 13% 39% 23% 53 59 .25 35 23 Mar. Jan. Mar. Mar. 11% May 31 44% 49% 53% 97% Feb. Mar. Mar. Apr. FeD. May 31 May 29 Apr. 27 May 31 May 29 85 Apr. 20 130% Mar. 21 May 31 72 5 May 11 1% May 16 24% Mar. 20 22% May 29 4% May 20 1 % Apr. % Jan. 15% Jan. 7% Mar. 1% May 20% May 14% May % 35% 3% 65% 2% 3 27 29 25 29 26 18 20 22 29 29 25 31 23 27 27 29 19 26 W 19* 24 Jan. Jan. Feb. Mar. Feb. 40% May May May May May 5 May 15 May 1% May 9% May 73 May 1 19 Feb. Feb. 7 J 21 Feb. 2 14% May 31 74% Jan. 25 May 27 3 19 50 38% Feb. 17 22% May 29 23 31 2 17 28 May May May May May May May 31 May 31 May May May May May May 12 11 31 27 27 29 3% May 16 May 18 14% May 17 85% Jan. 25 15 May 11 54 4% May 29 10% May 25 3% May 31 May 19 May 19 17% May 17 4% May 31 61 May 12 2 May 19 22 May 29 53 May 31 58% May 26 64 May 31 55 May 26 103 May 31 94% May 29 7% May 15 2% May 17 46% May 31 29% May 31 45% May 31 14 28 83%,£lay 31 10% May 16% May 16% May 18% May 39 May 18 May 18 12% FeD. 25 52 4 100 Feb. 57 5% Mar. 75 Apr. % Apr. 2% Mar. % Apr. 11% Apr. 29 29 5 15 13 17 25 1 Feb. 4% % 2% 7% 7 Feb. Mar. 21 Feb. 25 Feb. 14 20 5 Feb. 1 Jan. 16 50 Jan. 20 7* £&. 40 Mar. 11 3 3 3% Feb. 27 Mar. 31 Mar. 3 16 31 17 10 7% Jan. 4 22 5 25% May 29 2% May 18 6% May 18 5 May 29 15 Feb. 14 Jan. 27 25 2 Mar. 2 26% May 31 15 Mar. 1 5 11% Apr. 1 x Jan. 20 1% Jan. 14 5% Sale 45 8% Sale 20% Sale 15% Sale 28% Sale % 1 5% Sale 2% Sale 6% Sale 2% May 8 May 30% May 33% May 16% May 30 May 11 24 May 9% May 44 May 4 6% 17% 54% 40%; 28% May May May May May 38 May 34 May 24 May 50% May 31 31 3^ 29 27 16 31 27 25 May 4% May 20 May 7% May 18% May 21 31 17 7 25 18 13 5 % May May May 6 May 36 May 16% May 31% May 31 29 2% May 31 7% May 31 8% 88% 7% 10% 2% 28% 8 i7|| 8 2 14 Mar. 15 14 Feb. 6 28 Apr Jan. 2% Mar. Mar. 2 2 3% Mar. 30 7% Feb. 28 % Feb. 3% Feb. Jan. 12 Jan. May May May May May May 11 15 17 31 31 31 31 10% 16% 16% 18% May May May May 18 16 31 17 39 May 22 19% 25% 2% 6% Apr. May May May 24 29 18 18 21 2 34% Feb. May 27 May 29 28 3 Mar. Mar. 13 20 3 Jan. 25% Apr. Jan. May 31 May 27 5 May 29 26% May 31 2% Jan, 4 17% Jan. 24 6% May 31 17% May 31 54% May 31 40 % May 29 28% May 27 38 Miay 16 34 May 31 24 May 27 50% May 25 % Jan. 4 19 May 31 May 31 Jan. 20 4% May 29 10% May 25 3% May 31 14 May 19 28 May 19 May 17 May 31 61 8 May 12 2 May 19 22 May 29 53 May 31 58% May 26 64 May 31 55 May 26 Apr. 22 4 37 Apr. 6 33% Apr. 92 Apr. 13 110 3 101 81 Apr. 5 2% Apr. 7% % Mar. 31 2% 17% Feb. 25 46% 3 11% Jan. 29% 19% Feb. 25 45% 2 60% Feb. 83% 30 1-16 Mar. 30 12 Feb. 14 11 355* Sale 80 9 20 20 10 4 3 9 1 May 25 27% May 3 5 7x 9x 33* Sale 213* 26 25 31 23 31 29 2 May 92 31 May 22% May May 62 May 8% May 60% Apr. 99 May 30 4% Sale 26% Sale 8% 1 % May May 6% May 70% May 40 12% Sale 2% 11 May 29 17% May 40 May 112 May 9% May 54 May 14% May 8 24% May 6 70 May Sale 71* 15*1 35 73 Sale 24% Sale 1% Sale Sale May w Sale 11% Sale 50 Sale Sale 100 81 Sale Sale 78% 85% Sale OX Sale 9 A Sale Sale Sale 2% Sale 15% 28% Sale Sale X Sale 4 May 13% May *8* 31 27 27 24 27 29 25 29 26 18 20 22 29 10 May 29 5% May 7 A May llV* May 31 28 May 31 13% May Sale 34 May 44% May 29 48 49% May 29 May 49% Sale 53% May 31 51% Sale 45% May c82 Sale 97% May 29 May 95% Sale a79 2 83% May 82% Sale 79% May 81% Sale 5 127% May 127% May 127% 68 Sale' 72 May 31 72 61% May Sale 5 May 11 3% May 4% Sale Sale Sale 1% -May 16 % May 7 21% 21% 17% Sale 16% May 9 22% May 29 21% Sale Sale 4% May 20 4 2% Sale 1% May 5 30 30 27 May 2 30 37% 20% May 24 10 23% 18% 22% 14% May 11 22% May 29 6% 83* 14% 42% 49% 48% ~14x 185* ■ 25 35 a Sale 133* Sale 163* 23 May 104% May 2% May 24% May Sale 60 92 3 23% 2% Sale 12% Sale A Sale May May May May May May May May May May May May May 9% May Sale 8 Sale 1 Sale 18 57 rM* Sale 109 May May May 51% May 40% May May May May iVIay May 15 May 1% May May 6% May 55 18% 25 16% Sale Sale 16 12 a 4 1% May 18 39% Sale 105 May 85 75 Sale 75 3 8 Wells Fargo Ac Co Wesson Oil At Snowdrift $4 cony preferred. West Penn £1 Co "A" Ex-Dividend % May 5% May 17% May 15 $3.85 conv preferred—.—* Warner-Quinlan * Warren Bros—....—.....• Convertible preferred....* Warren Fdry At Pipe * Webster Elsenlohr. 346 Preferred 100 25 Yel Trk Ac C'ch class B...10 7% preferred .100 Young Spring Ac Wire Youngst'n Sh Ac Tube • (Blue) certificates 14,500 Zenith Radio Corp * 190,800 Zonlte Products Corp 1 4554 May Sale L013* 102 65 Yale At Towne Mfg Co 5154 Sale 13% Sale 61 9,166 319,600 2,350 31,300 327,100 Sale 4 Sale 46 65 16% 1,110,450 Woolworth (F W) 10 167,500 Worthlngton P Ac M 100 4,000 7% preferred "A" 100 5,300 6% preferred B . .100 1,580 Wright Aeronautical Corp..* 63,700 Wrigley (Wm) Jr..— * 50 33 70 Sale 16 33,100 Weston El Instr ...._* 1,200 Class A * 39,200 Westvaco Chlorine Prod * 8,500 Wheeling Steel Corp * 2,700 Preferred-. .100 ,300 White Motor .50 32,100 White Rk M Spr ctfs * 25,800 White Sewing Mach * 6,600 Convertible preferred * 73,200 Wilcox Oil Ac Gas 5 2,400 Wllcox-Rlch Corp class A...* 513,300 Willys-Overland 5 900 7% convertible pref 100 159,300 Wilson Ac Co » 133,700 "A" * 43,200 Preferred ...100 Sale 3 Sale 39% 3% Sale Sale 240,890 Vulcan Detinnlng 100 1,100 7% preferred —100 31,900 Waldorf System * 600 Walgreen 6%% preferred.100 62,400 Walworth Co ... * 6,300 Ward Baking class A * 46,000 Class B • 14,000 7% preferred... 100 169,200 9% May 12 37% May 11 3 May 17 40 May 26 4% May 12 54 May 29 2% May 18 12% May 3 20 May 29 95 May 22 2% May 25 8 55 1,246,901 3,450 75* May 9 31% May 1 1% May 12 30 May 4 2% May 57 34 1,130,779 8% Sale 34% Sale 80 Sale 3 33,600 Sale Sale 12 2,760 12,420 23% May 27 30 1X —100 1,730 116,800 12,500 6,200 7,828 4,290 4,020 2 85 99 Preferred 5 16% May Sale 32 17 34 Mar. 2 Feb. 21 Mar. 2 Mar. 1 3 Mar. 21 13% Feb. 24 10% Feb. % Jan. 3% Jan. 4% Mar. 24% Apr. % Feb. 28% Jan. 22% Sale 6 Sale * —* 100 -50 ......50 .100 100 * Warner Bros Pictures 7A Highest. Sale Prices. 8% 10% 16% 51% Sale 17 1 ......100 Utah Copper.............. 10 Utilities P Ac L "A" * Vadsco Sales Corp * Preferred.. ..........—100 Vanadium Corp of America.* Van Raalte Co ...._* 7% 1st preferred 100 Preferred stamped ..100 651,525 1,900 31,100 156,600 8,710 104,000 38,600 Prices. 17 May 31 22% May 31 34 May 29 May 8 62 8 May 31 25 May 24 99 May 2 MayMay May May 5 May x21% May 16 92 May 2 IF 18* A Sale Sale 100 73,600 Va-Caro Chem • 6,020 7% prior pref .—.100 31,600 6% preferred 100 1,800 Virginia Elec At Power 6% pf* 1,310 Virginia Iron, Coal Ac CokelOO 10 1,540 42,100 6,500 2,560 2,700 1,710 Sale 100 Preferred 19",510 115 101 154 39% u S Express 100 U S & Foreign Secur Corp ..* Preferred J. * U S Freight * U S Gypsum Co 20 7% preferred 100 U S Hoffman Mach * U S Indus Alchol * US Leathery t c * Class A y t c * Prior preferred y t c 100 120 8,240 a 20 600 Sale * * Co__* Preferred 153,400 41,400 201",500 10 Sale ——100 159,900 U S Realty Ac Impt 376,000 U S Rubber 199,400 8% 1st preferred 413,000 U S Smelt Ref Ac Mg 21,490 Preferred 20 Sale Sale 6154 8% Sale 2354 Sale Sale Sale United Piece Dye Works * Preferred 100 United Stores A * Preferred Universal Leaf Tobacco * Preferred.... —100 Universal Plctlst pref 100 U S Pipe Ac Foundry. 20 1st preferred............-* U S Dlstrlb Corp —* 700 25,700 1,500 27,100 2354 93 Sale 13 J 818,010 United Gas Ac Impt Co ♦ 11,900 Preferred * 1,000 United Paperboard Co—100 133,200 14,100 2,500 760 15% Sale 595* Sale 98% Sale 31 Sale 56 5 6 100 Preferred 52,200 1,870 41,900 4,800 39,100 1,030 1,430 208,600 31,000 3,100 35,600 Sale * * 100 34,300 United Electric Coal— 505,300 United Fruit 53,200 Universal Pipe Ac Rad 520 339,300 2,300 —* 1 2,974,600 United Corp 170,700 Preferred 6,430 United Dyewood 160 28 16% Sale 21% Sale 133* Sale 15% Sale Sale Publishers.* 298,500 United Carbon 118,500 United Cigar Stores.. 600 6% preferred 130 22,900 141,600 43,500 Sale 100 Preferred. 240 United Business 178", 800 Sale 241.300 Union Oil, California 25 34,500 Union Tank Car ♦ 4,322,200 United Aircraft Ac Tr Corp--* 11,700 6% pref series A 50 3,800 United American Bosch Corp* 107,500 United Biscuit of Am...—* Ijowest. Sale Prices. Highest. Sale Prices Ask Ask. Bid. Bid. Lowe rt. May 31. May 1. Ask. Pwr. Shares. Shares. RANGE SINCE JAN. 1. MAY. PRICES IN aggregate sales * EXCHANGE—STOCKS N. Y. STOCK 40 27 28 May May May 16% May 31% May 6 36 31 17 25 31 29 2% May 31 7% May 31 RANGE OF PRICES ON NEW YORK CURB EXCHANGE Stock Sales. 1933. May Shares 1932. Bond Sales. 12,601,139 26,909,498 Jan. 1 to May 31 3,251,890 21,580,144 In Shares $64,924,000 401,757,000 347,939,000 Jan. 1 to May'31PRICES IN MAY. NEW YORK CURB EXCHANGE Since Jan. 1. Shares. AND RANGE SINCE JAN. 1. Price Jan. 3 1933. INDUSTRIAL Par Bid. May 1. Ask Bid. Lowest. Highest. Lowest. Sale Prices. Sale Prices. Sale Prices. May 31. Ask Bid. Ask MISCELLANEOUS 100 Abbott Laboratories com 900 Acetol Products. Inc. A 225 300 Acme Steel Co 800 100 6,800 Acme Wire Co * t c 675 Adams Mlllls 7% 1st pf 2.400 400 Agfa Ansco Corp com 4,600 Alnsworth Mfg Corp com Sale * X 50 mmm 200 * Preference 6,600 600 2 4% % Sale 6% 10 500 642 * 100 1,039 50,800 190 Amer Beverage Corp 400 Amer Capital Corp 3% 4 Sale 41 % Sale 52 2,100 132,400 800 54,200 * 3 100 200 575 575 100 Corp Warrants 16,800 10,344 Amer Laund Mach com 2,300 Amer Maize Products com 1 300 11,500 4% 4X X 4",300 159 Arundel Corp Sale X May May May May May 8X May May 14 May X May 36X May 3 May 12 5 4X May 55X May 51X May 8 May 28 May 35 May 2X May 17 4% May 1 12% May 13 2% May 12 May 22 45 May 29 3 May 12 3X May 4 53 May 13 12 18 29 27 19 29 31 31 31 13 2 20 Sale %> 8X Sale X Sale 9 Sale Vi 2% Sale Yi May May 1 5 1 10 May 2 May 27 1 Sale H 2% ' X 2X Sale IX 15 X 3 Sale X 8X X 9% 3X Sale 11Sail1 22 100 43 X Sale Sale 4% IX 14 X Sale Sale Sale Sale 7% May 16 a7X May 19 X May 1 2X May 18 X May 2 1 May 22 15X May 26 9 May 5 18 May 17 3X May 1 X May £ 11 May 1 21 May 8 May 27 4X May 31 IX May 31 15 25 May 17 May 12 Sale 4 X IX 7 2X 7 2% 5 10 z3X Sale IX Sale I X Sale IX May X Sale 7% May Sale 1 May 10 May 7 May 3% May 2% May 6% May 2 17 17 25 27 9 3 320,500 8,000 52,967 7,200 Sale 4X X 7 1 Sale 7X Sale X 11X 3X X May * 100 4,825 Alton Fisher Tob class A--10 2% 3 X 1 2% 3X IX Sale X 4 2 "~7% 33% 254 Sale 35% Sale 4,150 Babcock & Wilcox Co 100 2,200 Bellanca Aircraft v t c new.. 1 20,400 Benef Indus Loan com.__...* 2.100 6,500 300 300 Benson & Hedges com Conv preferred 400 500 Blckford's Inc com 300 100 2 1,600 Black & Decker Mfg 100 50 65 Sale 12 Sale IX 9X 4X Sale 14X Sale 42X Sale Sale Sale 53 58 Sale 2 9Ys IX 2X Sale 3 ._* ; * com * 300 Blauner's -..-* 6 1 25 175 Bohack (H C) Co common * 25 7% 1st preferred.. 100 30 Boston & Albany RR Co.. 100 common 12 3 29 IX IX 3% Sale 3 5X 10 3X Sale 2X Sale A* Sale 25 X 12 4 Sale Sale 31% 6X Sale 8X X May 15% May 15 4% May 29 _ May 900 100 : - 24 Sale For footnotes see Brill Corp class A Class page 54. B 4% X 3 Sale H *% * • • "X ""% 4 4X 1 Sale X 1 Sale 1 Sale X 2X X 2X 1 36 4% Jan. 3% Feb. 5* Jan. Jan. 2% Jan. 8 Apr. May 22 8 Apr. 9 May Y' 12% Feb. 8 2 Apr. 8 %6 Mar. 29 6% Feb. 28 15% Feb. 23 Feb. 9 10 3 5 May 8 Apr. 29 4 Mar. 30 2% Apr. 19 2 20 Jan. Jan. 18 May 27 4X May 31 1% May 31 15 May 17 25 May 12 10 Feb. 43% Jan. 9 May 10 May 7 May 3% May 3 Jan. 2% May May May 2X May 25% May 3% May 10 3 3 % May 3 29 24 22 1 10 10 16 17 2 15 15 22 5 29 1 31 29 13 3% 3% 32% 6% May May May May May May 20 90 May 20 May May May May May May X May X May % May 1 4 24 9 18 2 2 11 12 37 May 25 17% May 10 20% May 24 4% May 29 9 May 31 1 May 13 X May 2 3% May 19 1% May 18 , 27 20 3 7X Jan- 11 % Feb. 16 IX Jan. 11 %8 Jan. % Feb. 5 15 Mar. 3 X Mar. 15 10% Apr. 3 % Jan. 5 X May 5 15% May 15 4X May 29 12% Feb. 6 51 May 2% May 10 May 5 May 8 May 4 May 9 10 17 17 25 6% May 20 5 11 9 15 15 22 16 31 9 31 15% May 26 Jan. 4% 15% 43% 5% 11 4 23 1% May 16 1% May 17 15% May 26 25 3% May 11 3% May 18 2% May 19 27 19 29 31 31 31 13 Feb. 28 May 2 May 27 Feb. 6 Jan. 30 utH May May 9'i Feb. Jan. T Jan. 51 May 1% May 9 May 3 May 6 May 4 May 24 9 X 1 38 15 * 1 10 55 20% 2% 7% X * Feb. %« Jan. 4% Jan 30% Mar. 118% Jan. 2X Apr. % Apr. 1 3X 3% 2% 4% Jan. 1% Apr. 5X Apr. IX May 8% Apr. 3 May 4% Jan. 4 May 15% Apr. 2% May 6 Jan. 1 Feb. 11 19 15 30 22 17 3 16 2 1% Feb. 27 21% Mar. 1 2 21 » 3 11 5 13 11 27 31 21 12 18 29 4% Apr. 24 53 May 13 X Jan. 5 21 23 26 24 100 4,800 2,000 Mar. 11 12% X Feb. Jan. May Feb. 100 100 Bright Star Elec class B 3,000 34 44% 8% Mar. A preferred stamped 300 Bower Roller Bearing 2,100 Bridgeport Machine com 300 May 13 Jan. 3 May 12 Mar. 2 9 2% 1% 3% 25% D preferred stamped Inc 4,300 Bourjols May May May May May May May May May May Jan. 33 90 Boston & Maine RR— Prior preferred ....100 27 Apr. 20 Apr. 20 12% % 2% IX IX May 29 9 Mar. 5 7 May 31 May 31 May 11 May 31 3 May 25 3% May 26 52 May 29 10 10 Feb. 2 2 17 19 2X May IX May IX May 3 May 10% May 39% May 3% May IX May 3% May 26 43 May 1 80 3,000 900 2 10 * 2,700 Bliss (E W) A Co common • 161.563 Blue Ridge Corp com 1 Opt 6% Conv pref 52,463 .._..* 1,232 Blumenthal (S) Be Co com...* 60 Sale 48 1,800 53,300 21,200 1,100 50 80 3% Sale 2 Sale 44 ZH $2.50 Conv pref 400 1,600 3 10% Sale Sale 3X Sale 39 X 100 Aviation Sec of N Engl new.l 1,200 1,500 20 a _ 4 Mar. 31 8% May May May May 36 May 3 14 38 10 9 May 3 10 May 17 7 May 25 2X May 12 2 May 4 6%May 3 May 27 1% May 19 5 84 70 43% Jan. 5 8% May 20 73 Mar. 27 2X May 1 IX May 16 IX May 17 15% May 26 15X May £6 60 ... 5 11 3 May 17 3% Mar. 7VS Apr. 27 13% Mar. 3 37 8X May 16 ,9% May 31 % May 3 17 2% X 15" "12" common Jan. % Jan. 7 9% • American deposit recta.. £1 14,900 11,400 Associated Rayon Corp com.* 2,300 Atlantic Coast Fisheries * 3,000 Atlas Plywood Corp * 629,366 Atlas Utilities Corp com...* * 21,900 $3 preferred A Warrants 125,467 10,900 Auto Voting Machine com..* 1,400 2,600 8 17% Feb. 21 3% Mar. 22 3 Apr. 1 37% Feb. 28 X Sale 22 X Jan. 25 Mar. 31 1% Feb. 23 % Jan. 24 5% Mar. 3 % Jan. 10 11 27 31 Associated Elec Industries— 7,300 8,200 11 24 7 2% Mar. 2 60 Apr. 4 X Feb. 15 17 13 May 7 May 84 May 70 May 9 May 38 May 44% May 8% May 11 May 12X May a 8 ..... 100 16,600 Anchor Post Fence com. Anglo-Chilean Cons Nitrate 1,100 Corp Common * 9,600 Arcturus Radio Tube J 32,500 Armstrong Cork com • 21,900 Art Metal Works common. ..5 25,700 12,900 27 19 Highest. Sale Prices 22% Jan. 2X Feb. 13 Apr. 1 725 Amer Transformer common 400 Amsterdam Trading Am shs 100 3% IX 10X X 20 X Sale 7 200 Amer Potash & Chem Corp^_ 400 Amer Salamandra Corp 50 •5,100 Amer Thread preferred B 100 45 X 1 10,300 6,750 800 1,200 2% Sale Sale X 7% 1st pref. ser B ...50 6% 1st pref series D.....50 500 American Hardware.......25 31,500 American Investors com 1 175 M X ♦ common 325 Amer Mfg Co common Preferred 130 1,375 American Meter Co... 17 20 cl A* 12,400 100 Sale 46 X » New 17 May 8X May 73 May IX May % Sale 5 new com Sale 10 • Sale 11 * * Amer Founders Sale 7 Common class B 16,500 38 44X Sale Common class B __* 4,112 Amer Dept Stores Corp. • 63 7% 1st pref series A.....100 American Equities Co 4,500 • 16,200 16,500 Sale 4% Sale 406,400 1,400 5% Sale 78% Sale Sale 29 S5.50 prior preferred 25 American Cigar Co. com.. 100 6,600 Amer Cyanamid com cl A...* ------ Sale 34 4X Sale Six Sale ... S3 preferred 4,700 3,700 1,900 Sale 44 ... 1,200 12 25 »5 5 360 American Book Co 100 500 Amer British St Contr Corp.* 2",800 ■A* Sale cV4 14 100 Series C warrants Series D warrants 600 Amer Bakeries cl A stock 9,400 4 Sale * 100 American Arch Co com. 600 Amer Austin Car Com 200 1 % 10 20 » 6% preferred 879 361 100 "~3% % Sale • 800 Aluminum Goods Mfg... Aluminum Ltd.. 11,800 1,650 IX Sale 2% 5 8% 9% pref..* conv 20,400 Allied Mills Inc 138,500 Aluminum Co common Preferred 18,400 5,800 ih 3 4X May 8 67 May 16 1 May 17 50 750 Allied Int Inv S3 13,900 66,200 x X * 16,300 Air Investors Inc com v t c__* Convertible preference 4,500 * 13,250 Warrants 2,135 Ala Gt Sou RR ordinary 50 2,500 1,600 „ 17 X May 100 2,100 Aero Supply Mfg class B 7,900 1,700 4% 25 1,400 - 3% * 25 .... r 1932. $107,054,000 AGGREGATE SALES. May. 1933. May Feb. 18 15% 43% 5% 3 3% May May May May May May May May May Jan, May 2% May 12% Jan. 5 May 8 May 5% Apr. 15%/Apr. 3% May 10 May 3% May 3 X May 32% May 6% May 11 18 19 31 31 H 31 25 26 13 16 17 3 15 15 10 17 5 29 1 31 29 13 Mar. 29 26 Feb. May 20 82% Mar. 23 90 May 20 Apr. 21 22% Jan. 15 May May Apr. May Mar. May 37 May 25 17% May 10 20% May 24 4% May 29 9 May 31 1 May 13 X May 2 3% May 19 1% May 18 90 20% 2% 7% % X % % Feb. Jan. 26 4 24 26 18 20 2 2 4 85 1 NEW 43 NEW YORK Since Price CURB EXCHANGE In Jan. 3 Jan. 1. 1933. 2,300 """loo Bid. INDUS. Be MISC. (Con.) Par Shares. Shares. range since jan. 1. prices in may. aggregate sales. May. EXCHANGE YORK CURB 10 8 .......* Sale .245* British com 5.300 10,500 Amer 100 600 Amer 4,400 5,500 100 100 275 275 Brown Co 6% pref__ 65* May 23 13 25 Amer Tobacco, Ltd— dep rets ord bear. £1 dep receipts reg10s Lowest. Highest. Sale Prices. Sale Prices. Ask. 8X Sale 22x 24x Ask. Bid. Bid. 18 4% 28,600 Brillo Mfa Co common......* Class A.. 350 100 Bristol Brass Corp Ask. Highest. Sale Prices. Sale Prices. Lowest. May 31. May 1. 205* Sale 1 May 10 13" "May 11 May 11 May 31 205* May 24 21 185* May 3 205* May 24 65* Feb. 2 185* Apr. 18 13 May 11 115* Apr. 24 225* Apr. 28 13 May 11 Mar. 23 165* Jan. 19 21 May 31 205* May 24 16 British Celanese Ltd— Am ix dep rets ord reg shs 15* May 25* 2x ix 3 2% May 24 45* May 27 4 May 29 45* May 27 3 May 26 45* May 27 4 May 29 8 29 31 10 29 125* May 8 2 5* May 29 5* May 18 2 x May 3 Am dep rets Bulova 100 100 700 165* 11 * Burma 2x 2 1x ix Corp, Amer dep rets. .....10 Butler Bros Cable Radio Tube x4x 12x 2x 35* 2% 3x x x x 5* Sale c_* com 1t xx xx Sale Sale Sale x 25* 5x Warrants 4,700 8,200 conv Carnation Co 8 * A stk 4x 95* 5* May 25* May x Sale May May May May May X May 4 35* May 16 4 4 95* May 55* May 18 1 1 May 10 Carreras Ltd— 10 9,400 12,600 Am Sale 5 Carrier Corp common.. 8 7 95* May 27 Celanese Corp of Amer— 11,375 4,025 17,700 650 1,400 6,000 100 2,700 100 240 1st preferred Conv pref 580 Chllds Co preferred 200 26 . Sale ... 300 City Auto Stamping Co 500 Claude Neon El Prod com Sale Sale 75* Sale Sale 6 295* 25* Preferred B Sale Sale Sale * Preferred BB Sale 25 * Preferred 4 Sale 2X 14 X Sale Sale 865* Sale 85 Sale 105* Sale 395* Sale 30 5* Sale Sale 7x 15 2X 145* ...» Cities Service common 3X 5 1 * 100 300 3 4 Apr. 29 55* Mar. 3 X Jan. 35* May 6 Feb. 18 May 5* Jan. 25* May * 65* % * Sale Sale Sale 7 Sale 4 May 865* May 12 May 395* May 32 May 4 May 75* May 35* May 22 May 185* May 93 May 685* May 3 May 26 May 20 May 26 3 May 9 7} * May 31 2) * May 2 22 May 2 145* May 25 47 27 31 31 31 31 31 31 29 2 5 65* May 31 May 29 25* May 31 25 May 31 9 May 29 a2 5* May 125* May 1 May 3 9 May 2 5 May 11 7 May 3 X May 15* May 5 5* May 16 105* May 12 26 19 20 3 75* Apr. 21 35* May 29 May 2 185* May 5 22 25 1 65* May May 25* May 25 May Feb. 23 2 30 29 9 1 Mar. 12 7 May 29 Jan. 5 X May 31 May 19 X May 19 155* May 31 Apr. 12 15* Apr. 28 5* May 16 8 Jan. 17 30 Apr. 4 85* Feb. 27 May 7 x May May % May 155* May Sale 9 May 4 185* May 31 ix 15* Sale 1 May 10 25* May 13 Mar. 16 • x Sale $3.50 preferred * 24,566 Cons Retail Stores Inc com.* 1,400 Continental Secur common.* 5* *A 15* 5* 25* May 3 May 24 May 19 May 2 5* May 6 15* May 24 1 May 26 45* May 29 15* May 24 5*8 Jan. 18 X Jan. 28 15* May 24 1 May 26 15* Jan. 4?* May 29 Mills 4 ...100 Inc 95* 18 ix 35* x 7,800 100 100 Merchandising v t c x x x x 15* 5*, Jan. Apr. 4 185* May 31 5* Jan. 16 25* May 13 13 Continental Shares Inc— 700 pref 100 3,800 3,300 5,200 543,000 2,700 1,700 1,700 800 3,939 3,700 5,800 New com 100 800 100 600 93,500 2,000 200 20 1,600 10,000 3,100 4,700 400 8,800 pref class A. 10 4x 35* 14 Sale Sale 55* 65* 45* 35* Sale Sale 65* 6 Sale Sale 125 25 conv 1 15* May 16 125* May 29 7 May 26 May 31 65* May 31 75* May 12 May May May May 900 Cuban Tobacco 1,700 * com v t Cuneo Press com. 1154 10 200 18 12 14 11 19 Sale 9 9 Sale 15 c—* ... 15 100 65*% Pref with warr 900 Davenoort Hosiery..... 35* 9X 85* Sale x x * 100 304,100 Deere Be Co com 6,400 Detroit Aircraft Corp 200 Dictaphone Corp common 20 Dixon (Jos) Crucible Co..100 115* 8 Sale 10 18 Sale 185* 5* % Sale Sale Sale 45* Sale 40 ix 1,900 Doehler Die-Casting. 12,500 Dow Chemical Co com... 10 2x IX 395* 25* Sale 100 Draper Corp 7 5,400 Driver Harris Co common.. 10 18,000 Dubiller Cond Corp com— Sale Sale 965* * 100 . 56 Sale 43 Preferred. 155* May 16 May 12 May 105* May 65 May 8 May 145* May X May 5 May 35 May 25* May 395* May May 965 43 May 6 May May 2 May 5* May * Preferred series B 1 Sale 105* Sale 9 7X 5* Sale 5* Sale 2 Sale 5* 15* 1 Sale Sale 35* Sale Sale Sale x 400 Durham Hosiery cl B com x x ix ix ix • 10,000 Duval Texas Sulphur 11.500 Eisler Electrfc Class A 10 —1 3x Sale 385* 11,900 Electric Shareholdings com.l $6 Conv pref with warr * 5,700 525 Elgin Nat Watch new.....15 Sale Sale 8 Sale 8 37 35* Sale 37 55* 425* Sale 10 2 12 19 1 20 . 11 11 3 31 31 3 18 16 1 225 7 Sale 45* May 4 May 35* May 415* May 55* May Sale 25* May IX 645* Sale Sale 45* 43 55* 485* ■ 965* May 43 May 105* May 15* May 3 May 25* May 31 31 27 May May May May May May 44 May 75* May X May 1 May 29 31 27 5 24 18 29 24 31 11 16 25 1,400 2,300 2,400 Falrchild Aviation class A..* 100 3,700 Fajardo Sugar 1,100 Fansteel Products Inc......* 600 500 500 100 "5,966 3,100 210 25,350 3,600 3,500 32,000 250 800 Fedders Mfg Co class A 1,400 Federal Bake Shops com 800 Federated Capital Corp _.* * Nat Stores 7% 1st pf_100 71,450 Fisk Rubber common.. Preferred..... 100 6,900 * 5,700 Flintkote Co class A.... 61,900 Ford Motor of Canada cl A__* 775 Class ix 15* 40 "I 2 25* 3x Sale Sale 15* 25* Sale 85* 7 Sale 25 100 6% preferred 12,800 F.E.D. Corp 6,300 Fiat Amer dep rets 590 First * * * x 4X Sale 9 10 135* 110 111 1095* 15* Sale 35* Sale Sale Sale 35 6x Sale 3 6x Sale 65* Sale 15 B Sale 4 Sale 2 3 4 6 2 35* May 31 M',y May 15* May 15 4 May 6 5* May 10 a X May 15* May 17 645* May 31 3 May 29 5 May 13 1 May 10 1 40 a5* May 8 7 I May 95* 125* May 18 145* 145* 113 111 1125* 1095* May 55* 3 May 45* Sale 33 May 20 42 345* Sale 45* 3 May 11 16 5* "Sale" 65* May 175* 16 Sale 115* May 19 75* 135* May 29 May 29 May 24 May 24 May 24 May 19 May 31 May 31 Ford Motor Co, Ltd, 28,500 500 1,100 100 89,900 4,200 1,100 100 Amer dep Sale 45* Sale 5* rets.-Ord reg £1 Sale Ford of France Am dep rets Foremost Dairy Prod com...* Conv * preferred 500 100 600 6,500 35,200 10,500 7,500 800 600 New capital stock ....* 3,100 1,700 Franklin (H H) Mfg com....* 100 7% preferred 100 "4 4x i 35* Sale 1 15* 2x 7 _* 4,200 Garlock Packing Co com 9,700 General Alloys Co 82,350 General Aviation Corp com * New common 1 10,500 General Elec Co of Great Brit 65* x 2x 7 x Sale 6 1 Sale 65* Sale £1 65* 2x 6x 3x 8 Sale 15,700 1,200 American dep receipts Gen Fireproofing For footnotes see page 54. com— 700 General Rayon A stock • * 2 55* 8 Sale 15* 85* Sale Sale 85* 55* Sale Sale May 26 May 31 65* May 31 75* May 12 7 Apr. 21 May 10 22 16 16 May 29 May 10 12 Mar. 15 Jan. Mar. Mar. Feb. Jan. 1 3 31 95* Apr. 28 15 Jan. Mar. 21 65 Apr. 22 55* Mar. 2 10 May 19 May 29 60 6 Jan. 8 35 6 May 5 May 11 15* Feb. 23 Mar. 3 965* May 31 43 May 31 35* Feb. 25 % Feb.. 1 2 May 16 5* Feb. 3 30 H 15* x 25* 25* 25* 35 Apr. Mar. 28 15* Feb. 24 Mar. Mar. 1085* Mar. X Apr. 18 May 45* May May 965* May 43 May 105* May 15* Apr. 3 May 25* May 31 40 57 31 29 31 31 27 10 16 25 245* Jan. 17 35* May 31 15* May 17 645* May 31 3 May 29 5 May 13 May 10 Apr. 27 105* Jan. 31 May 29 145* May 29 113 May 24 May 24 May 24 4* May 19 May 31 175* May 31 5* Apr. 15* Apr. 25* Jan. 54 Feb. 5* Feb. 105* Jan. 3J* Mar. 9 2 4 6 15* May 31 35* May 27 IX Jan. 26 85* May 24 85* May 18 55* May 29 48 Jan. 27 75* May 31 Apr. Jan. Apr. Apr. Apr. Mar. 55* May 22 195* May 5* Jan. 55* May 4rs Jan. 15* Feb. 45* Feb. 95* Feb. 35* May 22 35* May ~ 5* May 16 1 May 25 45* May 31 4 May 5* May 17 1 May 25 25* Feb. 28 3 Mar. 31 5* May 16 1 May 25 45* May 31 45* Jan. 4 X May 17 1 May 25 25* May 20 5* May 16 3 May 35* May 31 15* May 17 5 Mari7 25* Mar. X Jan. 3 May 3 35* Jan. 6 15* May 17 5 May 17 Foundation Co. 1,300 ill Apr. 25 IX May 16 125* May 29 10 22 2,000 Ex-Cell-O Aircraft Be Tool..* 29 16 31 15 25 23 5 57 19 25 31 31 45* 45* 25* 25* 6 31 45* May 31 * Class A non-vot com 1 5* Mar. 25 45* Mar. 45* Feb. 28 5* Apr. 3 15* May 13 6 Mar. 31 10 Emerson's Bromo-Seltzer— 1,200 Mar. 21 1 29 10 2 31 19 29 2 31 May May May May May May 195* May 5* May 55* May 40 May 15* 35* 15* 85* 85* 55* X May 15* May 35* 1 new new 1 4 1 .._* com. 31,000 Elec Pow Associates ,55,375 15* 35* 15* 45* 900 East Utll Invest cl A com.. * 4,800 Easy Washing Mach class B_* May 31 May 9 11 85* May 1 May 15* May 13 105* May 10 Sale 125* 11 4X Sale 3X Sale 55* May 31 15 May 29 1 2 Zellerbach Corp— 500 4,400 1,200 525 115* 7 2.900 3,700 18,600 40,900 9X Sale ix 2 10 9 May May * 10 $6 Sale 20 25 com 2 "i'x Sale' 38,200 Crocker Wheeler Elec Mfg..* 36,500 Crown Cork Internet cl A 10 100 6X Sale x ix 55* 12 12 dep rets for ord stk req 450 Crane Co Crown 100 25 9x 1 common $6 Conv, pref A...........* Courtaulds Ltd £1 Am Sale 2 '454 "io" X Jan. 75* Apr. 55* May 15 May 2 Jan. 115* May 5*« Apr. 75* Apr. 25 X Sale ...100 * Cooper Bessemer Corp com..* $3 pref A with warrants..* Copeland Products Inc ..* Cord Corp —5 Corroon be Reynolds com...* Convertible 100 Continental Steel 19 19 31 30 x Apr. Convertible preferred. .100 175 2,600 Consolidated Aircraft com 3,700 4 Securities— Consol Automatic 21,200 24,800 31 Sale" 25* * Columbia Pictures Corp com * Commonw'lth 400 31 155* com Colt's Patent Fire Arms Mfg25 10 Columbia 188",20G 31 175* xt * 1,800 2,000 1,100 31 105* Mar. 2 1 Apr. 15 5 Apr. 15 5 May 11 30 10x 1 2,400 900 May 27 865* May 31 12 May 31 395* May 31 32 May 31 4 May 31 93 11 Jan. 26 May 27 Apr. 5 Apr. 5 Apr. 21 May 25* Jan. 7 Apr. 5* Mar. 13 5* Mar. 65* Mar. 10 16 27 10 X 35* Claude Neon Lights com Cleveland Tractor com 400 Club Aluminum Utensil 1,400 11,633 Jan. 26 Feb. 20 4 Apr. 21 May 29 x Sale 21,600 5,600 ""666 "2",100 25* * 600 400 2 * 250 ,300 4,400 Sale 2x 2 * 1,290,800 28,200 5,000 Sale 69 X ... $7 div preferred 1,400 10,100 Centrifugal Pipe Corp 400 Charls Corp com. 4 4,500 Chicago Corp com 740,000 11,300 3,300 100 47 18,215 7% 1st partic pref.... 100 7% prior preferred......100 5,470 15 24,700 Celluloid Corp com 900 15* Feb. 28 15* Feb. 27 25* Jan. dep rets B ord Apr. 12 May 29 Maj 31 135* 25* 5* 25* 55* 5 4x 8 155* Sale 8 Sale 5X * common 125* 25* 5* 25* 55* 125* May 8 25* May 29 x May 18 25* May 2 35* May 2 200 Can Indus Alcohol cl A 300 Carman be Co "3", loo Inc— $3.50 conv pref 100 Burco Inc common... 2,900 27,700 13,700 200 Co 200 9,500 7,400 800 Watch 45* May 27 3 May 26 15s .100 Apr. 1 24 British South Africa Co— 65* 5* 65* 75* May May May May 22 75* May 4 3 May 4 5* May 26 8 Mar. 31 May 31 15* May 15 95* May 854 May 29 85* May 12 65* May 29 1 May 10 Mar. 22 25* Jan. 3 75* May 22 4 Mar. 25* Feb. 25 5* May 26 May 31 15* May 15 95* May 5 854 May 29 8 85* May 12 65* May 29 1 Apr. 2J, June, 1933.] NEW YOEK CUEB AGGREGATE SALES, In May. RANGE SINCE JAN. 1. PRICES IN MAY. NEW YORK CURB EXCHANGE Since Shares. Price Jan. 3 Jan. 1. Shares. 43 EXCHANGE 1933. INDUS. 8c MISC. {Con.) Par Bid. Bid. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. May 31. May 1. Ask. Ask. Bid. Ask. Gen Theatret Equip Inc 11.30C 20,500 20c mm,'— — $3 preferred conv x * 54 X Sale 1,940 -- 56.30C IX 45* 95* Sale * 88,200 Glen Alden Coal Co.. 10,400 Globe Underwriters......—2 7,300 Godchaux Sugars class B—* 4.30C 7.00C 57,100 Gold Seal Gorham 450 Elec com ..1 500 1,540 % 100 100 Gt Lakes Dr & Dock Co 400 54 May May 51 May 5* 2 125* Sale 55* Sale 1 9 8 54 62 X May 31 May 31 May 31 54 Mar. 15 Apr. May 15* Feb. 654 Apr. 23 62 9 May 554 May 4 May 4 Feb. 25 254 Apr. 18 IgK 9X 14 Sale 11 120 Sale Sale Sale 165 Sale 11 14554 Sale 11954 Sale * 15* 2 1254 May 1654 May 29 13 14 May May 11 14 May 31 1354 Sale May 121 Sale May 24 1195* May 15 122 163 175 Sale 18154 May 15 May 16 May 27 May 27 16 11 23 May 29 May 2 154 May 17 25* May 18 5*6 Apr. 7 Feb. 145* May 20 6 May 5 654 May 18 5 95* Apr. 13* 6 54 May 2,000 Greyhound Corp Jan. 6 Sale 2 Sale Feb. 1 Jan. 9 May 15 16 2 May 27 May 29 May 18 9 May Apr. 154 Apr. 11 254 May 17 154 May 19 124M Mar. Mar. 9 2 * com 1654 May 29 1554 Apr. 20 854 Apr. 118 128 25 Grief Bros Cooperage com A. * 2", 000 May 31 May 31 May 31 54 51 145* May 20 6 May ' 654 May 18 9 (Name cha nged to Pac ific Eastern C orp.) %> Sale 5* Sale 54 May 5* May 1 Sale 12 800 Great Northern Paper Co..25 600 Greenfield Tap & Die com. 400 35 Sale Inc— $3 preferred with warr * 3,000 3,500 Gorham Mfg Co com v t c_ 3,250 Gray Tel Pay Station com—* 2,830 Gt Atl 8c Pac Tea 1st pref.100 Non-voting common stock * 5,060 1,300 1,150 X 2 Sale 55* Goldman Sachs Trading— 34,030 5* 11 Sale 62 100 • 6% preferred A 300 Gilbert (A C) Co com 54 Sale 54 225 Gen Tire & Rubber com—25 1.94C Mar. 23 Mar. 3 254 May 17 154 May Grocery Stores Prod-— 6,300 Common 6,300 t c new Sale 54 May • v 1 2 354 May 54 25c 1,600 Hall fC M) Lamp Co 800 8 354 May 24 May 29 54 May 2 1 May 29 15* Mar. 24 354 May 24 5* Apr. 54 Mar. May 154 Mar. 20 5* Mar. 1 8 Apr. 18 1 Apr. 29 54 Jan. 11 655* May 27 3 Apr. 29 5* Feb. 18 12 May 13 195* Feb. 20 15* May 31 12 Apr. 17 225* May 31 Handley Page Ltd— 100 600 2,900 76,100 Am Dep rets part pref 8i 1 4,900 Happiness Candy St cl A.. 76,200 Hazel Atlas Glass Co.. 100 1,100 Hazeltlne 2,200 X Corp • 3,100 Helena Rubinstein common 2,100 Heyden Chemical Co 700 300 1,900 "25* "45* X Horn 8c Hardart com.......* 200 7% preferred 100 700 Huyler's of Del 807 7% preferred 1,500 45,300 1,100 ~2 1054 24 I§ Sale 15* Sale 2154 20 Sale 5* 225* Sale 1 354 100 6,500 Hydro-Elec Secur com 49,352 Hygrade Food Prod new 2,200 Hygrade Sylvania Corp 754 45* 35* 854 5 .* May 23 54 May May 3 May 54 May 1054 May 17 May 15* May ' 44 15 27 12 3J 1 May 23 54 May 655* May 27 3 May 15 54 May 24 12 May 13 18 May 18 15* May 31 44 „ 17 Apr. 20 15* May 31 Apr. 17 1754 Apr. 6 12 205* * com Sal? Sale 354 8 54 Sale 454 5* • 6,300 50 500 500 Sale 61 850 Hires (Chas E) class A com..* 100 Horn (A C) Co common * 1st preferred 100 ..50 100 54 X 25 on 65* Sale 65* Sale 554 4 Sale 1354 195* May 87 May 5* May 20 May 554 May 35* May 19 May 9 25 27 23 18 225* May 87 May 254 May 20 May 65* May 75* May 24 May 31 25 29 23 31 26 17 Feb. 85 18 90 5* May 27 20 Jan. 19 35* Mar. 31 254 Mar. 3 13 Feb. 23 Jan. 30 254 May 29 20 Jan. 19 754 Jan. 4 75* May 26 24 May 17 Imperial Chem Industries— 500 500 3,100 Am dep rets ord reg 454 May 11 8 May 185* May 15 _£1 200 4,800 Imperial Tobacco Co of Can.. 8,400 Imp Tob of Gt Brit 8c Irel__£l 12,000 2,300 29,500 Insur Co of North Amer.._10 2,625 (nternat Cigar Machinery.. 19,600 23,000 I nternat Products com • 1,800 Internet Safety Razor cl B_* 30,900 Interstate Equities com 1 $3 conv preferred 10,900 50 2,200 Interstate Hosiery Mills... 29,300 Irving Air Chute com new._l 400 Industrial Finance v t C....1 o 34 X M 3454 38 154 o Sale 54 42 454 May 11 *85* May 29 19 May 12 3754 May 4254 May 31 2654 May 29 454 May 11 65* Feb. ~ 54 Apr. 18 May 16,700 5,700 800 28,100 200 Warrants 500 ,54 154 % Sate 145* Sale 654 8 254 Sale 154 154 5* Sale 145* Sale 10 Sale 554 Sale 254 Sale 154 254 1 254 May 24 154 May 3 May May 10 May 1 554 May 5* May 29 Sale 1854 Sale 1054 14 85* Sale _ ... 354 25* 15* 1854 125* 854 54 454 May 11 *85* May 29 19 May 12 I Jan. 17 Mar. 31 42 54 May 15 Mar. 23 2654 154 354 25* 15* 1854 125* 854 31 29 28 6 19 18 31 17 24 100 Internatl Holding & Invest.* 500 16 25 154 Sale Feb. 15 154 54 154 54 Apr. Feb. Mar. Jan. 9 Apr. 754 Jan. 454 Apr. 54 Apr. May May 19 May 18 May 31 May 17 May 24 May 18 28 17 16 4 11 5 13 21 1 May Apr. May May May May May May 54 Jan. 21 Jan. Feb. 10 JonasScNaumburg Corp— 5,400 Common 8,900 1,000 3,200 200 100 100 New Corp 1 3* 10* Sale 3 Sale 1 May 31 52 May 29 1 5* Apr. 25 Feb. 6 2 19 Jan. 28 52 May 29 Mar. 21 Feb. 3 1 10 7 11 354 4 8 10 454 Sale 454 May 1 1 May 11 1 May 19 754 1 Mar. 21 1 10 10 65* 6 2 45 * common common 3 May 25 May 9 50 54 Klelnert (J B) Rubber com..* 620 Knott 5* 554 2 • 100 100 Kellogg Switch B&Sup comlO 400 Klein (D Emil) Co common..* ...... ------ X ......* S3 Convertible pref 710 Jones & Laughlln com 200 550 Feb. 23 10 2 75* May 29 1 May 11 1 May 19 1 7 Apr. 54 Apr. 19 May 19 75* May 29 15* Jan. 24 1 May 19 Kolster Brandes Ltd— 500 1,700 475 1,500 American shares X £1 54 54 54 Sale 5* 54 May 16 54 May 31 54 Jan. 54 May 31 1 Koppers Gas & Coke— 6% preferred 900 Kress (S H) 8c Co 300 1,400 spec 3,100 Lakey Foundry 8c 10 Mach 5 Lane Bryant 7% pref 300 2,700 1,700 10,500 200 1,050 31,600 mm.— — — 154 54 54 154 Sale * 25 62 May 19 105* May 5 45 54 May 54 May 25 X May 15* May 24 54 May 6 255* May 2 5* Jan. 18 54 May 5 2554 May 2 25 Apr. 4 85 May 1 54 May 8 3 Apr. 15 1 554 Apr. 3 5 2 100 ... 85 4 6 754 Sale 3 5 1854 154 20 .154 85 Sale AX 4 15* Sale 754 Sale 554 26 754 29 35* Sale 2 Sale 65* 754 854 Sale 654 8 35 5 40 Sale May 1 54 May 8 May 1 754 May 1 654 May 29 29 May 6 354 May 1 4 85 May May May 9' May 7 May 38 May 55* May 2 7} 1 31 26 25 15 25 16 100 80,300 Louisiana Land 5* Sale 8c Expl com.* 600 Ludlow Mfg Associates.....* 700 900 6 H % pref with com 2,100 Mapes Cons Mfg Co 900 Marlon Steam Shovel 200 2,200 47,200 5* * 300 Lazarus(F&R)& Co 6% pf.100 6,800 Lefcourt Realty com new 1 Preferred 3,300 .....* 21,900 Lehigh Coal 8c Nav .* 600 Lerner Stores Corp com • 614% pref with warr 2,450 100 49,200 Llbby McNeil 6c Llbby... 10 — 51,100 May 15 105* May 17 pf__10 800 Land Co of Florida.. 10 Landers Frary & Clark 800 45 100 500 2,700 200 26 54 6,400 900 1 25* May 19 X 15* 54 Sale 28 3054 % Sale 34 36 5* a\ 40 2 56 54 5854 1 Sale 35 2 38 Sale 60 Sale May 10 154 May 2 2 May 3 X May 2 32 May 29 1 May 27 5854 May 2 32 May 24 154 May 2 35* May 16 15* May 15 37 May 17 2 May 31 69 May 5 103 8 10 11 1354 125 75 — —- — 50 7,400 100 100 200 600 $2 conv 1,800 3,200 $2 non-cum dlv 154 1 Sale IX Sale 54 Sale 400 12 May 29 May 4 54 May 9 54 May 11 Vs May 9 554 May 23 25 2 12 25 24 9 .10 pref 354 Sale * 354 May 31 4 354 Sale shares....* 300 6X Sale 200 100 15 Sale 100 J —————— 110 18 154 12,585 2,000 Sale 1754 35 18 May 1 May 19 May 1 May May % May 54 May 6 May 18 400 24 Sale 17 19 22 9h 1,300 Sale 9 Sale ^ 154 1 10,500 Sale 24 261,6001 Sale 600 "50 725 14,500 .50,200 ""430 450 67,6001 350 24,0001 For fODtnotes 3 5 3 53 5 Feb. 28 154 Feb. 5*6 Apr. 2 Feb. Apr. 17 21 Feb. 27 27 Feb. 24 May 24 154 May 2 45* May 16 15* May 15 37 May 17 2 May 31 69 May 5 19 70 Jan. 21 12 May 29 X Feb. 14 4 154 Apr. 5* Jan. 28 27 1 Mar. Feb. 38 J* Feb. 70 Jan. 8 Feb. Mar. 28 2 9 13 32 19 154 Sale 3054 Sale Sale 254 Sale 33 Sale 20 Mar. 20 Apr. 8 Jan. 20 May 11 May 9 May 23 25 12 25 24 9 18 54 54 54 554 May May % May 54 May 6 May 2 Feb. 27 6 65* May 31 6554 May 23 7054 May 4 1554 May 18 654 May 11 5* May 29 154 May 4 80 5*6 May 4 754 May 1 154 May 31 54 May 2 15* May 1 2954 May 22 Mar. 20 20 May 185* May 654 May % May 2 May 54 954 154 54 May May May May May 3354 May 3 15 26 11 29 12 1 Mar. 28 18 Apr. 17 59 Apr. 3 154 Jan. 17 4654 Feb. 27 1 11 1 141 Feb. 17 654 May 11 5i May 29 154 Feb. 27 54 2 4 54 8 31 2 31 31 *20 4 45* 68 May 26 May 1 Apr. 17 Jan. 10 154 Jan. 19 May 15 80 20 Jan. 6 654 May 11 X May 29 3 Jan. 10 Feb. 15 Jan. 26 Feb. 28 May 2 May 8 May 31 May 2 3 May 31 3354 May 31 Mar. Apr. Apr. 5 4 Jan. 23 54 954 154 54 6 Mar. 17 83 5 $2 conv pref * Dairy Prod pref A....100 ational Investors com....-I 85* 17 at 554% pref 554% preferred Warrants see page 54. 12 81 '354 Sale" 10 20 Sale 2% Sale 5 12 81 354 Sale May 254 May 1 8 875 4 May 22 35 4 May 31 100 new 1 40 154 Sale IX Sale IX Sale Sale 2754 May 17 154 May 2 40 May 31 154 May 31 1 27 83 Apr. 17 6 105* Feb. 10 18 Feb. 6 11 12 Feb. 24 1 Feb. 28 8754 May 22 354 Apr. 25 15 1001 - Jan. 154 Mar. 1 31 26 25 15 25 16 3 19 15* Apr. 8 54 May 19 300 10 — — mmemmrnm - X Sale 200 155,900 4,300 — a > X X 854 Sale 2001 100 - 145* 75 3 4,400 50,500 100 f 16 Sale 100 1,900 24,300 4 17 24 6 2 4 354 May 31 6454 May 19 74 1001 100 Mar. 21 15* May 54 May 255* May 25 Apr. 85 May 2 May 754 May 954 May 7 May 38 May 55* May 154 Feb. 25* May 4 200 100 11 65* May 31 1 May 26 18 May 1 May 5 560 2,300 1,200 May 19 105* May 17 20 400 200 954 May 19 23 54 9,900 9,800 8.000 62 7 w.* * 300 154 May 1 45 com. 2,500 88,500 2,100 200 pur Sale 15* Sale Mar. Mar 1 18 Apr. 21 54 Apr. 4 40 24 Feb. 27 Apr. 17 Mar. 24 Mar. 17 May 31 154 May 31 NEW 44 Price NE .TORE CURB EXCHANGE In Since Jan. 3 Jan. 1. 28,900 2,900 1 Bid. INDUS. & MISC. (Con.) Par 36,500 National Leather Co com—* * 4,900 Nat Rubber Mach com.. 900 Nat Screen Service Corp.—.* 34,766 800 500 27,000 300 1 57,000 National Service Co new Conv partlc preferred * 1,000 1,700 Nat Steel Corp warrants.. * 58,700 National Sugar Reftf 1,600 National Union Radio corn—1 200 Nebel (Oscar) Co common.. 200 Nehi Corp com 200 21 23 x % Sale 35X Sale % Sale :::: "§~% ex 8x x 2% 13 80 400 "3",000 300 New Haven Clock Co com.. 10,729 New Mexico & Arls Land—1 ""166 12,800 25,000 75 3,600 400 200 400 "i',706 1,700 100 300 2,800 300 30 4 34 7 126 42 k Sale 18 7,500 2,200 5% 1"X Sale" Sale 26 3k 17% " 1,450 9,800 5,400 1,000 Parker Pen Co common 34 k 4% 8 45% Sale 14 eK k ix 3% 18 k 5 3X Sale 40 Sale 8 Sale „ Sale Sale 21% Sale Sale 45 Sale 2 Sale Sale 25 3 Sale 47 Sale 70 Sale 2 * .1 100 100 —10 new pref Sale 700 Pie Bakeries Inc 9 400 100 x 320 3 Apr. May 43 -- x 3X Sale Sale 45 6 19 % May 26 At Jan. 19 X Mar. 15 2 Sale Sale 15 ix k 17% May 3x May 34 May 16 May 18 23 May IX May 47 May May May May May May 19 31 26 11 27 18 28 35 Jan. Feb. 30 8 14% 6% % 1% 3% 3 31 29 25 29 13 27 27 1 19 16 3 May May % May 20 X May 1X May 4 May 26 x May 1 14 May 20 OX 5X X 3X ox May 31 3x May 22 x May 12 2X May 1 Sale 19 x Sale x ox 12 x May May May May May 8 May ik 20 x Sale 17 x 20 2x Sale Sale Sale ax At Sale 6% 16 26 19 31 May 31 May 26 May 3 May 19 % Jan. 31 1% Apr. 28 X Apr. 26 k 1% Apr. 4 3% May 31 Feb. 27 41% May 29 2% 12% 3 % 20% 10% Feb. 15 Mar. 1 May 2 Mar. 2 Apr. 24 Mar. 28 Mar. 24 Feb. 27 Feb. 17 Feb. 27 Mar. 3 Mar. 1 Mar. 11 8% May 25 22% May 29 7 May 13 50 May 27 18 May 27 23 May 1 3% May 19 77% May 16 84 Jan. 31 3 May 16 20 May 26 % May 19 20% May 31 15 1% 26% 1 % 15 At 9% 1% Jan. 30 1% Apr. 20 % Apr. 15 Feb. 2 Mar. 13 Feb. May 25 eX May 23 10 73 k X 3k 3 24 % Mar. 20 Mar. 29 Jan. 27 8 10 Apr. 21 May 23 5 % May 26 X May 26 x May 26 1x 16 Apr. 25 28 May 33 May 2 May 20 X May 15 May 4 7% Sale 7ax 7ax At Sale 6 6X '32 Sale 6 73x X 3X At 7X May 76 May X May eX May *32 May May 11 May May May May 7% Conv pref Rike-Kumler Co • Raytheon Mfg, com » t c * Reliance Management 15% 2k 1 Sale * Republic Gas Co Reybarn Co., Inc Reynolds Investing Sale 11 10 10 27 1 116 114 vl ...10 % X ft Sal/6 Sale* Sale 20 ix ix x At 20" "22M 2 3 3x Sale ix ix at x ix Sale % Sale ix x ix x Sale Sale Sale Sale May 12 AX May 29 May 31 May 25 May May y May 10 May 1 May 1 May 9 May 12 May 11 May 10 May 2 May 4 May 4 May 1 IX May 18 X May 6 X May 3 8 Ma y 26 23 May 5 3 May 31 3X May 31 1% May 27 X May 11 2 May 13 X May 31 6 X May 6 41 May 26 1 8X May 27 X May 1 X May 17 7X May 1 20 X May 1 1X May 20 X May 29 10 May 27 29% May 27 % X X 4% 20 1X IX 1 X IX X 6 * Richman. Bros Co 10 Richmond Radiator Sale Sale Sale 2 29 x com... Goods Co ix % x 1 May 5 116 May 25 114 105 113 ax 13 * Reliance Internet com A 116 114 ix x • ...» com 125 108 x x x Rainbow Luminous Prod A.* Reeves (Daniel) com May 12 May 2 120 Sale 111 Railroad Shares Corp com..* Class B Sale 4 100 125 26 20 31 29 29 31 26 60 15 May 23 1 * com 6% preferred 1,450 4 22 5 21 29 27 28% Jan. ' At Feb. May May May May 7 May 50 May 18 May 23 May 3X May 7734 May ak May 47 Sale 10 Reliable Stores Jan. X May May % Mar. 2 Jan." 4 8% May May 105 Jan. 11 140 34% Feb. 28 47% May % May 22 31 26 11 27 3X 41x SX 22 X 2X May May Sale * $7 participating pref Rice Stix Dry 17 May 13 6% Apr. 6 7% May 24 May 19 14 May 31 24 7 4% Apr. Jan. 1% Mar. 28 1 % Apr. 19 1% Apr. 20 12 May 25 Jan. 25 3 Feb. 28 Mar. 15 % Feb. 15 1% Mar. 23 57 J»j Apr. Securities— 700 4,800 3,600 7,400 2,100 1% Jan. 29 19 30 18 10 17 18 May 25 12 May May May May ex X IX 3X 34 60 10 % Sale 3k 4% x Sale * preferred 6,600 2,400 1,300 3,300 7,900 7,100 1,300 1,100 800 63 * 4,900 2,300 3,800 3,900 2,500 6,800 10,600 6,400 12,000 16,600 12,600 1,300 1,390 ^0 Sale Sale 46 44 Sale 70 4 |6 preferred 1,370 Quaker Oats 10 19 18 Apr. 11 3 65 May 10 Feb. 25 % Mar. 15 % Jan. 30 1 1 Mar. 6 100 10,000 Pyrene Mfg 430 1 5 com Warrants. £Pr' Mar. 29 May May Jan. Apr. Jan. May 73 24 10 May 19 14 x May May May 26 May 1 May 10 11 32 15 12 k Pub Util Holdg without war * $3 X 2X 1 Prudential Investors com.. Public Util 1,900 2,500 Sale 3% Sale (The) Corp com * McCallum Hosiery 225 Prudence Co 7% pref 70,600 1,620 77,000 16,400 67,660 % Sale Sale 5 o 10 1,600 Mill'! Co OX 5X x 1X 5 1 8%May 29 May 27 2 140 3 47% May 26 20 20 x Powdrell & Alexander 1,600 700 5% May May May 31 * 200 Feb. 9 26 • 4,100 Sale 26 x stock 2,900 14 2% 575 8,200 10% 3 510 Pratt At Lambert Prentice-Hall Inc— 27,400 4,400 20 eX Sale 150 250 21 Sale 15,900 Pittsburgh Plate Glass com 25 5 6,300 Potrero Sugar com new Propper 3 21 1ax X 74 ix 75 Pitts Bessemer & L E RR..50 50 3,500 Pitts & Lake Erie RR_. Process 2k 20" 10% 200 23",200 Sale * com 30 18 2,500 Pierce Governor Co com—,_* 86,200 Pilot Radio Ac Tube class A.* 34,200 Pitney Bowes Postage Meter* conv x May 26 1 May 6 x May 22 35 May 5 29% 4% 3% % 16% 1 2% Mar. 16 3% Jan. 30 70 2% 34,000 Philip Morris Inc Class A 35 I,000 17,000 Phoenix Securities common. 1 Conv preferred A 10 5,900 Partlc 6 5 123 41 Sale Sale 1 2 23 Sale * com 242,300 Pennroad Corp com vtc 1,920 Pepperell Mfg Co 1,250 May 25 ox May 12 7X May 24 45 May 19 14 May 31 1 39 3ak —• 10 Parke Davis & Co. Sale 3 (Formerly Goldman Sachs) Paramount Motors Corp....* 23,570 Parker Rust-Proof 100 2,300 65,500 20,600 12 At May 3X Sale Pan Amer Airways com....10 100 Pet Milk 7% Feb. % Feb. 14 22% Feb. 3 X Jan. 13 'X May 26 1 Apr. 7 18 25 16 12 15 18 31 31 27 7 1 200 Pender (D) Grocery cl A 100 ix May 13 3 May k May 22 34 May 25 Sale 250 Patterson Sargent Co com..* "7",800 May 17 May 3 May 13 65 18 May 25 5X May AX May 43 May 7x May x Sale 1 ix 7x Sale Sale 5x 100 1 "30 43% ...* 225 176,700 1,370 May 12 ex 33 x Ohio Brass class B 300 19 May 1 May 3 May 10 1 ix ix Sale 12 x At Sale 1 ik 5 28% 1 Pacific Eastern Corp 12,190 5 2% 2 * Novadel Agene com 88,626 34,900 15,300 63,900 16 15 5x 5% 4!% 11 65 20 ix x 5 U 4 * Oilstocks Ltd common 5 800 Outboard Motors cl B com..* Class A conv pref * 800 * 3,800 Overseas Securities Co 34,700 18,400 10,500 21,800 May 29 May 19 a} 8x 16 78 2% Northwest Engineering 1,480 11,500 4~X 2x 12 aha Noma Elec Corp com 27,100 950 -4 18x ik ik 360 Northwestern Yeast Co—100 9,100 20} ix 3 % 200 North American Cement— 2,100 Northam Warren Corp pref.* 300 North & South Amer Corp A* 170 x Apr. 5 Mar. 18 3 Prices. 3% May 5 May 10% Mar. 2% May 6% May 3% May 39 May 1 May % May 1 Apr. Feb. 10 Mar. 29 Chile (Cosach) Ctfs for ord b 2,700 Sale" Sale 1 70 78 16 1 46,600 Niagara Share Corp class B 5 A preferred 75 100 * 5,650 Nlles-Bement-Pond com 23,400 3,600 65 12 X 644 N Y Auction Co common.. 100 N Y Merchandise Co com...* N Y Shipbuilding Co Founders shares 1 56,800 Nitrate Corp of 18,900 38% 2x May 12 ox May 15 3% May 18 39 May 31 1 May 31 X May 27 14% May 11 ax May 19 Sale 14 15 73 com ix May 1 3 May 31 2x May 4 34 May 3 x May 1 x May 26 ix Sale Highest. Sale X % 5% X 9 * 2,800 Newberry (J J) Co 50 3X May 18 5 May 25 x May 2 May 15 "5"* "Io% Sale 10 Lowest. Sale Prices. 2 ix * Highest. Sale Prices Sale 3 250 7% preferred —* 800 New Engl Grain Prod Co.. 1,200 Ask. 2k 700 Nelsner Bros pref 100 200 Nelson (Herman) Corp $5 350 Neptune Meter class A * 250 Nestle Le Mur Co class A.. 290 New Amsterdam Casualty. 10 350 100 1% 9 Sale Bid. "~2x ih Ask. Bid. 2k Sale 1% 5% ik Ask. Lowest. Sale Prices. May 31. May 1. 1933. Shares. Shares. range since jan. 1. prices in malc. aggregate sales. May. EXCHANGE CURB YORK 29 X * com * • com Rolls Royce Ltd— Am dep rets ord reg £1 1,109 5 7,600 Roosevelt Field Inc Rossla Internat Corp * II,900 * 15,000 Royal Typewriter com... 100 2,800 Ruberold Co AX Sale 7 x k 5K x* 6K 18 10 7% 8x 10 sal/6 Sale 11x Sale x Sale 93-2 iox Sale Sale 29 May 1,130 Ryerson (Jos T) Ac Son Inc. 2,700 128,700 4,100 8,675 Safety Car Heating Ac Ltg.lOO 10 238,900 St Regis Paper Co 7% preferred 100 4,790 Sale 2X Sale Sale 16 May 29 2 May 29 20% May 31 15 May 26 May 25 6% May 23 15 Apr. Jan. 7% May 76 May % Apr. 6% May % Jan. 3 8 X Feb. 22 % May 9 % Feb. 28 2 15% % 1% X % X % 6 25 Feb. 27 Jan. Apr. Feb. Apr. Feb. Jan. Mar. 13 24 21 29 1 18 2 May 4 Mar. 18 % Apr. 26 1% Apr. 27 Mar. 23 4 20 18 11 10 28 27 3 2 Feb. 3 4% May 29 Mar. 30 115 109 Feb. 24 May 31 33 116 Mar. 64 60 31 26 11 11 May 31 Feb. 9 VA May 18 % Jan. 11 % Jan. 11 8 May 26 23 May 5 3 May 31 3% May 31 1% Jan. 12 %6Jan. 25 2 May 13 % May 31 6% May 6 41 May 26 % Apr. 26 1% Apr. 27 8% May 27 29 x 1 18 23 8% Feb. 8 1% May 20 % May 29 10 May 27 29% May 27 2% Apr. 15 18 May 27 29 May 1 2 x May May 2 47% May 31 3 x May 12 34% May 31 16% Feb. 3 1% Feb. 31 12% Mar. 12 47% May 31 3 % May 12 34% May 31 81 May 5 11% May 18 2% May 29 24 May 31 1 May 17 71% 6% X 9% % 10% May 4 7% May 17 May 17 1 May 18 4% May 31 26 * 200 Russeks Fifth Ave Inc """550 2 30 May May Jan. Jan. 11X May Sale 20 x 5 Apr. 27 May 1 6% 5% 2% 3% a7x Sale 3X Sale 3ax Sale 16 1 May 27 Jan. Jan. Apr. Mar. Feb. 1% Apr. 7% Mar. 7% X % 5% 15% 27 25 4 22 27 24 Savannah Sugar Refining— 160 7% preferred 1,500 Schiff Co com.... 4,300 Schulte Real Estate 100 1,000 4,300 1,450 Scoville Mfg Co 7,600 Seaboard Util Shs 950 6,100 ..100 12 9 * 10 ix 22x 25 com May 5 9X May 11 X May 26 16 May 14 X May 4 80 ex com new.l X Sale 12x Sale Sale Sale 1 Jan. 23 Feb. 9 May 26 Feb. 23 Apr. May 5 11% May 18 2 % May 29 24 May 31 1 May 17 81 Securities Allied Corp— 200 2,300 7,400 18,000 3,900 600 Non voting stock. * 5,200 2,900 Securities Corp Gen'l com. 7,900 Seeman Bros common 36,000 Segal Lock Ac Hardware com * 6,900 Selberllng Rubber com Selfridge Prov Stores, Ltd American dep rets.. £1 1,900 300 47,700 4,150 5,350 400 600 8* 21 8 3 I 29 X IX For footnotes see page 54. 5 Sale % Sale 3 x Sale 29 x Sale 3 13 600 Selby Shoe Co com ...1 85,900 Selected Industries $5.50 prior stock ....* 9,800 Allotment certificates.. 16,900 * 4,300 Sentry Safety Control... ....* 1,300 Seton Leather com 300 Sheaffer (W A) Pen com ii • ix ix x x "7" "lox ex ex 32 x 1 Sale ax Sale 34 Sale ix Sale aax Sale 44 15 11 Sale 10 4X 29% X 2% May 12 May 12 May May May 9 X May May IX May 4AX May 44 May X May 2 May 4 Sale Sale 56 Sale at 5x 1 X May 25 May 27 2% May 31 54% May 31 57 May 27 At May 25 4% May 18 20 13 2x 54% 36 3 " 9 6 2 24 Apr. 13 Jan. 28 Feb. X Feb. 1% Apr. 7 13 % Feb. 16 9% Apr. 7 % Feb. 28 33 Mar. 28 26 Mar. 30 Jan. 6 Apr. 10 Mar. 15 10% May 4 7% May 17 May 17 May 18 4% May 31 36 1 1% May 25 May 27 2% May 31 54% May 31 57 May 27 At May 25 4% May 18 7 Jan. 20 20 JUNE, 1933.] NEW YORK CURB EXCHANGE AGGREGATE SALES. NEW YORK CURB EXCHANGE In Since May. Shares. 8,500 INDUS. MISC. (Conct.) Par 330 6% preferred AA May 1. Bid Ask. 2 2% 16% 23,100 Shenandoah Corp common. 1 7,175 6% conv preference.....50 $3 Conv pref new 4,975 25 19,325 Sherwin-Wllllama Co com..25 330 RANGE SINCE JAN. 1. Jan. 3 1933. Shares. 4,300 12,975 PRICES IN MAY. Price Jan. 1. 15 Bid. 15 Bid. Sale Lowest. Ask 3 Sale 20% Singer Mfg Ltd —£1 Am dep rets ord reg shs 1,500 100 Slsto Financial Corp * % Sale 19% Sale 38% Sale 15 Sale 143% Sale Smith (A 25 Smith 1,000 2,900 O) Corp com 18 3% 10 39% Sale 19 3% 43 May 29 34 May 2 May 29 47 May 31 6 8 * * 2% May 16 May 2% Sale 3% Mar. 17 Jan. 39% 80 89% X Feb. 24 % 90 Mar. 27 143% May 27 May 29 May 19 Jan. 10 May 31 1% Jan. 30 2 5 Apr. 26 5 11% Feb. 25 47 108% Jan. 6 108% May 31 Jan. 6 May 27 (L C) & Corona 11,500 Typewriter ▼ t c 5,300 Southern Corp com.... Feb. 28 Apr. 18 Apr. 22 Mar. 3 May 5 15 1 143% May 31 May 29 Highest. Sale Prices. 20 May 27 39% May 29 89% May 19 10 Sale 1% 11% 12% 12% 20 May 117 2 * -.100 Preferred 3 Sales Prices 1 1 5 ... 26,385 Lowest. Sale Prices May May May 20 Sale 117 Highest. Sale Prices. 2 May 3 80 12,100 Silica Gel Corp com ▼ t c_._* 3,573 Singer Mfg 100 500 •May 31. Ask 2% Sale .100 760 9,535 45 1 2% May 17 Feb. 27 18 % Jan. 4 Apr. 25 Apr. 26 6 May 27 2% May 17 Spanish & General Corp Ltd 1,400 Am dep rets ord reg shs..£l 6,700 1,700 Spiegel. May Ac Stern pref.. 100 2,000 Stahl-Meyer Inc com .* 1,400 Standard Cap & Seal com—5 400 1,200 700 950 x x % 7% 10 11% % May May 4% May 24 May 20 10 May 10 May % May % May % May % May 4% May Sale 18 Sale Sale 28 1.750 Standard Invest 15% pref. 100 Stanley Works common .25 100 Sale Sale ... 100 1,500 Starrett (The) Corp Common new 2,300 2,300 200 9.900 4,650 * com 6% % x % 1 4,650 "% " l x 50 pref 6% preferred new 550 Stein (A)A Co com.. 160 6%% pref 300 % May May 10% May 28 May 18 May 10 May % May % May % May 2% May 7% May Sale % Sale 10 2 • " <H Sale 100 31 29 % May 25 4% 5 May May May May May May May May May 24 19 19 18 27 4 16 19 19 31 16 29 29 31 9 1 15 35 Xt Jan. Apr. 2% Apr. 18 Feb. X % % % 4% 1 400 Stein Cosmetics Co * com X 1% 165 Stetson (John B) Co com—* 300 Stinnes (Hugo) Corp. 100 9,000 ♦ * Stutz Motor Car Co * 38,300 200 300 Sullivan Machinery Co 2,500 4,800 300 851 100 Sun f3 Investing Co conv % 15 % * com * 2,400 Swift International. 15 700 ...» 3,100 Taggart Corp com * 2,000 Tastyeast Inc class A... 137,700 Technicolor Inc common.. 200 Thermold Co 7% pref.....100 * 2,800 TobaccoA Allied Stocks 2,900 9,700 118 Sale Sale 23,800 Tobacco Products of Del...l 800 102,600 100 6,000 Tobacco Prod Exports Tobacco 800 75 Am 700 16,700 16% 23% 19% Sale 27% Sale Trans-Lux Sale 30 Sale 200 Sale 10% Sale 11% Sale 2% Sale 5% Sale 6% Sale IX Sale IX IX 1% Sale 1% Sale 8% 2,800 Union Amer Invest 9 * 575 * com 11% 6% pref without 8,000 United Carr Fastener com..* United Chemicals Inc 320,100 United Founders com 83 United Milk Products 100 T.200 100 120 615 6,300 5,114 50 50 11,600 13,900 8,200 1,700 2,300 300 «. 50 2% 7% 9% 5 14 11 20 X % % Sale 37,300 Walgreen Co 200 112,100 16,700 10,700 3,700 2,600 3,000 3,500 1,000 200 300 100 m — — — 1 — 850 500 see 24 31 1% 4 Sale 18% Sale % % 2% Sale % 26 Sale Sale 7% Sale 1% Sale 13 15* 16* 43 1 Sale Sale 18 Sale Sale 2 6 5 1 7 1 7 4 1% 2% 1% Sale 34 Tx "ix 3 Sale 1 Sale 8 Sale 2% Sale "l% Sale' 3% 2% 2% 4% Sale a X X %6 % 23 25 12% Feb. 25 % Apr. 26 X Apr. 10 2% Feb. Feb. 5 22 Jan. % Jan. %s Apr. 2% May 8 % Mar. 31 10% May 29 10 May 1 37 May 2 1 May 13 % May 11 5% Feb. 14 10% May 9 12% May 24 May May May May 10 Jan. Apr. 19 12 3% 14% 30% 6% 16 May 29 27% May 27 6% May 31 17 May 24 2 1 2 May 23 %6 May 16 16% May 24 % May 17 11 45 May 26 May 27 45 May 26 1% Feb. 24 48 May 29 May 31 1% May 17 3% May 7 Apr. May May May May 21 10 22 18 29 20 6 May 11 May 22 May 10 3 X May 5 1 1 8% Mar. 1% Jan. 7% Jan. 3 3 6 Mar. 3 %6 May 16 20 '8 % 2% % May 6% May 41 May 4 8 1 30% May 8 % May 3 % May 22 1% May 11 2% May 18 12 May 18 4 May %8 May 26 (May % May 10 15 May 15 1% May 31 % May 24 Jan. X % 3% 18% 25 Mar. 3 Apr. 19 May 5 Apr. 3 16 May 29 27% May 27 6% May 31 17 May 24 16% May 24 X May 17 6 Jan. 26 May 27 May 29 1 May 31 1% May 17 3% May 5 18% Apr. 3 5 May 29 1% May 2 34 May 1 May 2% May 2 X May %8 May 5% May 25 May 22 10% common..15 com.... * """"" Preferred 7% Sale % 1 13 13% Sale 4J- Sale 8% ... 9 1% 4% Sale 19 Sale 5% Sale 9% Sale m Sale 12 Sale 8 Sale iPs Sale 3% Sale Sale 14% Sale 17 61 Sale Sale 100 40 10 t c 7 4% Convertible preferred....* Wilson Jones Co com • 12% 6 "30" 5 o Sale 8% 10% 7 May May 46% May 1% May 4% May 31 17 29 31 25 12 8% 1% 43% 1 18 2 % 9 1% Feb. 2 % Feb. 15 6% May 8 33% Jan. 9 30% Mar. 16 X Jan. 5 % Jan. 3 1 Feb. 4 X Jan. % Feb. 12 May 2% Apr. %6 Jan. 17% Mar. % Jan. 12 11 18 10 3 31 26 8 Mar. 3 1% May 31 % May 24 1% Feb. 2 1% May 31 6% May 8 47% May 27 5% May 25 May 22 9 2 May 31 19% May 31 1% May 24 May May May 23 % May 1 2 May 11 13% May 3 .16 May 1 55% May 22 May May May 1% May 3% May 15 May 19% May 62 May 40 42 May 18 18 14 1 % May 29 2% May 25 1% May 31 % Jan. 24 4 8 2 9 3 11 5 16 4 25 Apr. 13 1 Feb. 7 1% Apr. 17 31 2 X Jan. X Jan. Apr. 13 13 Feb. 14 19 9 May 22 10 31 4 22 3 24 May 7% May 1 % May 7% Jan. % Mar. 11% Feb. 1% May 27 24 3% Feb. 28 7% Feb. 27 % Jan. 21 % Mar. 15 Feb. 23 May May 46% May 1% May 4% May 13 17 29 31 25 3 % Mar. 17 % May 31 Apr. 19 5% May 25 9 May 22 31 10% May 31 9% May 27 1 % May 22 7% Jan. 3 2 May 31 19% May 31 1% May 24 18 14 May May Apr. May May 27 17 24 29 31 9% Jan. 6 1% 1% 3% 15% 19% 53% Apr. 3 62 May 22 May 27 May 18 42 May 24 Apr. 24 3 May 25 56% Jan. 11 6 Apr. 7 7 1 Mar. 16 11% Feb. 28 40 6 8} 4 z % May 2 7% Feb. 23 S3 31 May 18 8% May 27 1% May 31 43% May 31 1 May 31 18 May 24 2 May 13 % May 24 Feb. 1% Apr. 10 May 24 May 11 May 5 9% May 5 May 3 Jan. 12 Jan. May 4 May 25 May 4 May 25 May % May 8% May 8 May 27 17 15 29 31 1 22 27 Mar. 22 36 1 % May 17 % May 31 1% May 27 May 1% May 24 14 7 Sale 1 31 18 27 31 31 31 24 13 24 10% May 31 9% May 27 1% May 22 8 6% H May May May May May May May May May May 31 7% May 4 1% May 22 Stationery v 31 8 27 11 29 25 31 9 2 Sale 8 Sail* Western Auto Supply com A * Cartridge 6% pf.100 3% % 14 4 9 9 9 common 1% May 6% May 47% May 31 May % May 2% May 1% May 3 3 %« Sale % Sale % Warren) Co...* Wayne Pump Co com * Convertible preferred... Western Air Express Corp.. 10 Common Sale 2 12 Watson (Jno Western Sale % Sale 1% 1% 1% Sale IX Sale 25 Walker (Hiram) Gooderham A Worts common __* Feb. 10% May 9 12% May 24 12 Sale "2% ""3% Warrants page 54. Feb. 1% May 16 7 5 May 24 5% May 19 17% Jan. 14 11 May 18 4% May 9-7 28% May 4 1% May 16 22 May 19 29% May 19 3% May 29 2% May 31 May 26 2% May 2 Sale * 3,100 3,500 175 200 4% Mar. 17 1% Feb. 28 21 21 Mar. 18 9% May 8 May 13 75 200 2,000 2,600 For footnotee 20 46% Sale X X X Sale IX 1h 100 mmmmmmrn'm 5 Jan. 1 1% Mar. 22 % Apr. 8 12 1% Sale 100 Western Maryland Ry— 70 7% 1st preferred Western Tablet & 70 15 1% Sale * common Reclaiming 110 Waltt A Bond Inc class A__* Class B 1,500 900 18 17 8% Apr. 3 9 3% May 29 2% May 31 15 4 100 900 Wahl Co (The) 200 100 * common 1,000 Wagner Electric 900 Apr. 2% Feb! Feb. 2% Apr. % Feb. 1 3 45 2X 300 Waco Aircraft Co 1,000 900 Finishing Preferred 400 Vogt Mfg Corp 50 Vortex Cup Co 300 500 IX 25 26,500 Van Camp Pack com 5,100 7% pref 10 Virginia Ry Co v t c 100 900 Preferred 11,000 Utility A Ind Corp com.....* 10,300 Preferred • 22,000 2,300 104,400 7,800 5,100 1,100 13 25 com 750 Universal Insurance Co.__20 400 Universal Pictures 18,500 Utility Equities com * 4,140 Priority Stock * 10,100 2,010 6,800 5,700 Feb. Mar, 15 z80 3 7 22 10% Jan. 13 2% Jan. 13 10% Feb. 9 30 May 18 2% Jan. 3 5% May 12% May 3% May 15 May 10 500 U S Radiator 100 U S Rubber 100 Jan. 10 22 18 29 1 % May 1% May * 13,400 U S Foil class B new 1 19,600 USA Internat Sec com... 1st preferred with warr 17,800 • U S Lines Inc 3,100 pref * 4,780 U S Playing Card com.. 10 500 3% 14% 30% 6% 4 Preferred U S 3% May 10 11% May 1 30 May 18 4% May 16 14% Sale 25% Sale 6% Sale com. 700 U S Financial Holding Corp.l 3,600 29% 2% May % May 15 10% May 29 10 May 37 May 1 May 13 % May 11 16 Sale 3%' Sale new. 15,200 United Stores Corp com vtc.* 1,200 United Wall Paper • 6,500 U S Dairy Prod class B * 900 22 May 31 May 9 %6 Apr. 25 % May 15 % Jan. 23 2% May 31 7% May 29 dep rets for ord reg__£l 14,445 United Shoe Mach 7,700 11 4% 29% 1% .... S3 preferred United Molasses Co Ltd— Am 7% Sale 14 13 3,100 Unit Profit Sharing com....* 100 8,950 23,100 14 15 18 50 warr S3 cum par tic pref 3,000 • 6,700 United Dry Docks com......* 150 10 16 9 4 % May 2 % May 12 3% May 10 May 30 May % May %» May Transp— 2,100 2,100 - 13 IX Sale * 3,800 83 10% 5 1,900 Union Tobacco Co common.* United Aircraft A 194,100 11X 4% ... 200 22 3% Sale 2% Sale ........ 400 Sale '""% Pict Screen Tubize Chatillon Corp— Common 39,100 Class A 8,600 21,900 Tung Sol Lamp Wks com S3 conv pref.. 1,500 1,900 '31% "40" 2% 27% 1% 14% 5% 15% 5s Am rets for ord. shs. reg£l 1,200 300 Trunz Pork Stores Inc 1,800 6,900 19,500 1,100 4% 1% 2% % Sale 8% Sale 3% Sale 10 Triplex Safety Glass Ltd— 400 Sale Sale 3% 1 Common... 37,300 ..1 34,595 Trl-Contlnental Corp Warr. 11,800 32 "2VS Sale '20X "22" 5% 12% 5 10 dep rets ord reg sh»..£l 2,200 Todd Shipyards Corp 75 Torrington Co of Maine * 40,900 Transcontinental Air Transpl 21,800 3% Sale 27% Sale Ltd Am dep rets def reg 24 19 10 17 9 • Secur Trust Co 400 ""300 1 3% 10 14% Sale 13% Sale 2% IX .... 133,200 "2% "4% Sale 20 100 Super Maid Corp common..* 25 549,820 Swift & Co.. 322,800 76,900 May May May May May May May May May 18 May Apr. May Apr. May May Feb. 1% 5 * pref 5 8 * 400 Stromb-Carlson Tel Mfg 100 Stroock (S) & Co Inc.. 200 % May 35 Feb. 6 10 70 100 % May 31 May 16 10% May 29 28 May 29 15 6 Mar. 22 Jan. 14 Apr. 20 May 4 3 May 25 58% Feb. 2 6 Apr. 7 8% May 11 May 5 12% Jan. 18 2% 8 % Mav 3 EXCHANGE YORK CURB NEW 46 RANGE SINCE JAN. 1. PRICES IN MAY. aggregate sales. NEW YORK Price j Jan. 3 CURB EXCHANGE In Since May. Jan. 1. Wool worth (F W) 7,300 20 3,300 46,200 1,300 5,200 150 Amer Dlst Tel N J 25 29,600 213,800 5,200 57,700 71,200 508,900 12,500 92,300 300 900 432",300 987,300 15,300 17,000 Amer Ac Foreign 26% Sale 3 % Sale 6% preferred 2,900 11.500 40 10 20 3,400 7,300 2,100 170,125 2,920 33,100 2,100 83,000 660 4,600 Sale Sale Sale 17 Sale 13 Common new Warrants Associated Sale 3,200 Sale 1st Sale Sale Sale 76 X 934 17 X 9 8 Sale 21 pref.25 preferred........—* Am dep rets 425 Carolina 10 $6 preferred """16 4,400 1,800 A ord sh B ord sh pref sh P Ac L $7 pref 1 12% May 1934 May 1 9 3X May 57% May 20% May 1 1 1 100 1,630 1,360 270 Sale 183,400 % May 2% 12 X 12 Central ""'150 150 5,300 3,125 3,900 1,200 Warrants 102,500 2,100 50,400 950 12,600 450 101266 50 1,650 3,300 1,588,400 41,700 11,700 2,075 19,300 X Sale 65"" "66" Sale Xt Sale a% Sale 47 X Sale Fuel Assoc..* 4% 4% 4X Sale 143* IX * Sale $6 preferred series * Sale Sale 21X Sale • Convertible stock 173 ..5 Elec Bond Ac Share com $6 preferred $5 preferred 18% 41X 40% • * Elec Pow At Lt 2d pref A 8% 3% Option warrants... 900 2,200 12,800 3,550 Empire G Ac F 7% pref 100 1,350 8% preferred 100 850 6% preferred 100 500 6%% preferred 100 2,000 Empire Pow Corp part stk—* 12,000 European Elec Co of Can A.10 40,100 Option warrants 2,000 Florida Power At Lt $7 pref..* Sale Sale Sale Sale Sale 4 100 700 4,250 96% Sale 6,750 550 "l",906 $ 6conv pref ser B * 10,050 * 1,250 General Pub Serv $6 pref • 6,875 Georgia Power $6 pref 100 Green Mtn Power $6 pref...* 9,100 Hamilton Gaa Co com v t c.l r 25 * 275 Hartford Electric Light 100 2,925 525 150 250 8,550 7,600 72,900 4,000 Illinois P Ac L $6 pref 8% Sale SX 14% 2X Sale X Sale 25 X Sale 2% Sale 17 "81800 1,600 22,600 4,700 2% Sale Sale 24% Sale 51 Sale 44 Sale Sale ~3% Sale 17 21 Sale Sale 18% 113* Sale Sale 4 * 1 A Sale 10 Sale 2% % 3 Sale 15% 12% 4% % 17 Sale Sale Sale B_ Italian Superpower X % 44% Sale cl A Kings County Lighting 7% pref series B 5% preferred series D 50 56 52 Sale 21% 62% Sale 300 77,400 167,600Marconi Wlrel Tel of Can...l % May a% May 47 May 1 1 1 % May 12 1 May 29 61% May 29 3 55 May 24 11 Jan. May 27 Jan. 25 May 31 May 31 Jan. 13 Jan. 13 Sale 52 54 7X IX 6 Sale 1 Sale 63% May 31 9 3% May May 17 May 17 May 3% May 145 May 26% May 52% May 44 May 17% May 4 May 17 May May May 21 May 8% May 12% May 4% May % May 16 10 3 i* May May May May % May 1 26 8% May 4 17% Sale 7% 9 2% Sale 12 26 27 17 18 17 31 31 31 17 1 31 29 26 26 1 29 29 31 4 39 % May 2 May 15 21% May 23 52 May 15 13% May 1 5% May 12 1 May 1 % May 19 7 May 3 12 3 Jan. IX X IX X 1% Sale Sale 2 % Sale 1% May 10 % May 19 a58 12 X 1334 10% Sale 76 82 62 64 X 70 47 Sale 51 10% Sale 75% Sale 64% Sale IX Sale 1% Sale 6% Sale 1% Sale Mar. 30 16 14 May 29 May 29 43 % May 15 53 May 26 26 May 20 18% Mar. 31 43% Apr. 28 33 Apr. 25 % Jan. 4 48% Mar. 30 18% Apr. 20 75 53 Mar. 30 Apr. 12 Apr. 6 75 May 17% May 8 May 2% May % May 10% May 26 24 26 29 31 31 2% May 11 % May 10 May 5 11 62 50 May May 3 May 22 76 6 9 33% Jan. 13 May 29 «58 5% May 1% May 11 12% May 29 4% May 29 % May 31 5 10 86 Jan. 11 11 5 Apr. May 29 May May 64% May 86 May 13 12 31 22 6% May 31 2% May 1 . % % 5% 13% % % Feb. 4 Feb. 15 Mar. 21 Jan. 20 Feb. 27 May 19 70 Feb. 7 94 X Sale 10% Sale 31 31 31 17 May 31 17 23% May 29 May 26 21 May 26 21 Feb. 72 1 11 19 3% Jan. Mar. Mar. Mar. Apr. May 22 11 22% Jan. 174% Jan. 26% May 52% May May 44 17% May Mar. Apr. 6% 6% 2% % 11 3% May 12 May 26 17 May 27 15 Mar. 6 Jan. 68 7% Apr. 10 5 19 8% May 31 59% Feb. 11 Mar. May 6 May 29 43 May 29 62% May 29 3 1 May 17% Apr. Jan. 56 55% Apr. 1 % Mar. 16 May 15 May 13% Apr. 1% Apr. 132% May 10 Feb. 25 Apr. 22% Apr. 4% Feb. 1% Feb. 13 44% May 13 8 May May May May May 30 82 38% Apr. 43 8% May 31 47 May 19 9% 14% 6% 6% Jan. 82% Jan. May 24 *At Apr. 63% May 31 60 634 50 % Apr. Apr. j Apr. 17! 35X May 1 iiH Jan. 30 Apr. 17 % May 12 1 May 29 65 Jan. 4 1 May May 15 May 14% May IX May 132% May 16% May 32% May 29 * May Apr. 18 26 12 5 3 May Ylt Sale 13% 32~" 75 Louisiana P Ac L $6 pref Marconi Internat Marine— Communication Am dep ret 1,100 For footnotes see page 54. 72% May 31 ..100 100 8,300 Long Island Light com 7% preferred 100 1,780 6% preferred series B ..100 2,550 225 Los Angeles G At E 6% pf._100 1,950 May 31 Feb. 3 Feb. 9 98% May 31 5 68 1 15 % May % * 100 * Warrants.. 1 700 3 99% May May 23 Sale 61 Warrants for class B stock. 1 6,600 31 May 139 Jer Cent P Ac L 5X% pref. 100 25 98% May 31 24 il'A Sale Sale 12% Sale <►%% cum pref 100 Hydro-EI $3.50 conv pref.* 890 Interstate Power $7 pref 100 Iowa Sou Util 7% pref 290 May 10 39 30 7 Int Internat Util class Class May 27 May 26 May 2 May 3 4% May 6334 Sale Indianapolis Pow Ac Lt— 6,450 6,400 47,100 1,200 May 31 May 31 May 16 43 7A Sale 1 134 59 Sale Gen Gas Ac Elec— 3,175 4 26 56 Sale 71 32 X 700 Empire Dlst Elec 6% pref. 100 325 22 354 1% Feb. 23 Jan. 9 12% 9 Feb. 25 10 6 Apr. 24 17 12% Feb. 14 14% 7 Jan. 12 % % Apr. 1 26 9% Mfar. 15 24 11 Mar. 28 20% Apr. 4 32% 99% May 3 110 14% May 27 87 Sale 41 VA IX Sale 250 200 30 * B Sale 43 100 Eastern Util Associates 3,350,800 105,300 26,600 10,550 44,300 3 May 25 May 25 13% May 25 1 Mar. 22 8% Mar. 17 Jan. 13 35% May 58 X 250 Edison Elec Ilium (Boston) 100 190 28% Feb. 7 Jan. 20 1 Apr. 24 38 82 8934 Sale §7 preferred series A 200 Sale 100 100 Duke Power Co 2,950 7,500 24 X ~32' 100 6% preferred 100 100 4%% prior preferred...100 26,300 Eastern States Pr com B * 200 rl3 8 Ac Light— 25 Consol Traction of N J 675 Cont'l G Ac E 7% pr pref Eastern Gas Ac Jan. 5 May 20 Jan. 31 30 May 10% Apr. 18% Apr. 20 Apr. 1 Apr. May 24 10 20% 15% 23% 99% Sale Sale Sale 26 24 SOX 25 6% 1st preferred—.—..100 47,323 Commonwealth Edison 100 Commonwealth Ac Sou Corp. 295,200 Warrants 2,300 Community Water Serv new.l 85,000 Con Gas E L Ac P Bait com..* 22,500 1,550 % May 17 X May 6 48 12 7% May 1 X Corp— 5% Conv preferred 2,975 1% May 11 3 30 3% May 31 6 May 29 12% May 31 22% Jan. 12 92% Jan. 11 100 6% preferred 28,625 50 4 2% May Sale 334 3 86 Feb. 22 8% May 12 pref..* Cities Serv Pr Ac Lt $6 490 """200 Sale 10 6 — Columbus Ry Pow 11",900 234 Sale 2X 11 % Apr. 3 May 25 May 25 13% May 25 May 25 May 20 3 Jan. % Jan. 18% Jan. 1% Jan. 2% Feb. 37 Feb. May 20 12% May 19 20% May 25 834 May 17 3 Elec com—1 Columbia Gas Ac Elec 15,825 6 30 20% May 25 2% Jan. 10 Feb. 24 Feb. 24 Apr. 1 Apr. 12 16 May 11 At May 17 3% May 6 May 20 May 23 13 650 t7 preferred .———-.* 14,800 Cleveland Elec Ilium com...* 10 75 6 11 100 6% pref with warrants. .100 6% pref without warr__100 Conv preferred ; 100 Conv pref opt ser 1929.. 100 575 """525 12% May 31 2034 May 18 80 May 25 7% preferred 1,315 1,010 400 States 70 6 30 12% May 29 86 May 24 3 Jan. 26 May 31 Jan. 23 38 May 27 2% Jan. 3 2% May 31 85 3 134 May 11 May 1 Sale 1 29 18 22 6 69 1% May 20 1 Apr. 4 May 22 >n Apr. 19 18% Jan. 10 X Mar. 31 3 May 2 9 May 1 1734 May 1 7634 May 18 1234 Sale 11% 35 8% May 26 34 May 5 75 preferred—..* $7 preferred...... ...* 150 May 27 1% May 2 31 24 38 3 5 Apr. 21 Apr. 18 Apr. Jan. 2% May 31 2 May 31 1% May 1 May 22 %6 May 15 3 19 31 8% May 37 May 91% Jan. 20% May 21% Jan. 1 Apr. 5% Jan. 2% Mar. 31 Apr. 3 15 May 29 May 29 May 31 May 1 2% Jan. 52 38 3 $7 Prior lien 530 91,900 38 13 16 93% Feb. Jan. 16 2% Apr. 4 17% Mar. 31 69% Apr. 28 12 Apr. 28 18 Apr. 20 1 Apr. 22 2 May 17 May 27 May 31 5 68 1% May 20 Sale 7% Sale At Sale sale 11 x %„ Mar. 31 % Mar. 31 84% May 9 83 75 Cent 111 Pub Serv $6 pref—* 100 Cent Pow Ac Lt 7% pref—100 50 Cent Pub Serv $4 pref......* Cent Ac Southwest Util— 300 Common * 10 - 73% May 2 "3k" '2% "2h * Cent Hud G&Evt C. 32% 5% X % % May * * Am dep rets Am dep rets 25% Feb. 28 3 Feb. 28 May 27 1% May 5 IX 1 X £1 £1 £1 7,100 24,300 8,100 % Feb. 15 Apr. 11 32% May 29 5% May 29 X May 31 May 1 May 9 May 26 May 31 May 31 May 31 20% May 29 21 May 12 X X "lX "ix Telep Utilities..* 25 65% Jan. 56% Jan. X 2 4% Sale Sale 38 Sale "\X Sale" Cables Ac Wireless- 3,400 4,400 1,700 X Feb. 18 Apr. 11 Apr. 20 36% Apr. 25 68 1% 16% May 245 Feb. 9 37 19% Sale Sale % — 16,600 Buff Niag Ac East Pow $5 1 4 53% May 29 4234 May 26 Sale 1% Sale 2% 52,700 400 9 Feb. 38 2% 750 Bell Telep Co of Canada.. 100 Brazilian Tr Lt Ac Pr ord — * 300 36,500 2,600 Sale Sale 85 * Assoc Gas Ac Elec. com 12,300 Sale 22 200 Assoc Telep Co $1.50 pref— T, 66o 57 X 66 * 1 * $5 preferred.. 4 4% Sale 67 * • Preferred * Appalachian El Pow $7 pref.* Arkansas P & L $7 pref * 1st preferred Sale 8% 34 2 Sale 1 A—* American Superpower— Class A Sale Sale Sale Sale 6% 25% 7334 4% —.25 Pub Serv com Sts Sale *A Sale X Sale Sale X 83 % 30 % com...* ' com 25 ■ 11% Jan. 26% May 1 3% May 1 34 May 10 X May 16 84 X May 9 234 May 26 6 X May 9 2434 May 1 5" Sale g :::: Power warr. Amer Light Ac Trac Sale Prices. 16% May 24 1 May 10 May 22 40 pref...100 Preferred May 42 Sale 4% American Gas Ac Elec 200 Amer 15 62% Sale 250 Amer Elec Power $6 pref.... 100 Highest. Sale Prices. 25 PUBLIC UTILITIES Pat 1,420 Ala Power Co $7 pref-.....-* 16 preferred 365 * Amer Cities Power Ac Lt Corp Conv class A ........-25 8,700 Class B 1 92,300 2,600 Amer Commonwealth Pow clA Class B * 6,050 590 Lowest. Sale Prices. Sale Prices. Ask. 15X Sale Sale 15 Sale 12 Ask. Bid. Bid. a»k Bid. &MISC.(C<wi.) Par. Ltd— Am dep rets ord •h»re«-.5» 30,100 Amer dep rets 6% pref—£1 300 Yates Amer Machine Co—<— 1,500 Participating pref * 60 Youngstown S & T pref—100 INDUS. Shares. Shares. Highest. Lowest. May 31. May 1. 1933. Feb. 17 18 10 May Apr. 28 48% Apr. 28 85 Apr. 17 72% Jan. 16 59 Jan. Apr. 70% Jan. 11 Jan. 31 % Feb. 57 Jan. 34% Jan. 17 42 9 5 May 26 19% Jan. 31 8 May 26 2% May 29 % May 31 Jan. 30 13% Jan. 20 2% May 11 % Jan. 18 11 71% Jan. 94 72 Feb. Feb. 14 18 18 12% Mar. 21 2 16 95% Jan. 12 73 Jan. 31 82% Feb. 74 Jan. ► i 6% May 31 2% May 1 June, 1933.] new york curb exchange AGGREGATE SALES. PRICES IN MAY. NEW YORK CURB EXCHANGE In Since May. Shares. 700 1933. 300 10,706 Jan. 3 PUBLIC UTIL. (Concl.) 5,800 Mags Util 5% Associates Par preferred— con* 25,300 Memphis Nat Gas Bid. Ask May 1. Bid May 31. Ask. Bid. Lowest. 75 55,200 2,125 800 Middle West Utll $6 conv Mlaland 6% May ""% 54% May % May 1% May 75 54 % May 2 73 % Jan. % Apr. 15 3 1 25 16 24 11 12 3% Feb. May 17 % May 23 3 May 24 May 4 May 16 62 May 24 27% May 2 90% May 5 83 May May 62 May 32% May 96% May 4 31 24 31 26 50 May 1 9 May 29 31% May 1 9% May 27 63 May 18 10% May 31 47% May 27 10% May 26 25 Sale Sale Co— 2% Feb. 3 25% Jan. 23 6% May 1 3% Feb. Apr. May 62 May 21% Apr. 80% Apr. 61 5 % Sale 3 1% May 17 24% Mar. 21 2% Feb. 28 1 25 Sale * 6 Jan. 12 % May 23 May 24 100 100 2d 100 preferred 1,600 Montreal Lt Ht & Pow com. 240 Mountain Sts Tel & Tel..100 7.000 1.0. 0 4,ul5 16 preferred —• 18,300 100 1,030 Nevada Calif Elec com.. 7,845 New Eng Pow Assn 6% pfd 100 50 100 New Eng Pub Serv $6 pref.. 60 $6 prior Hen pref— 80 $7 prior Hen pref-. 650 New Engl Telep 8c Te1eg__100 1.100 1% May 19 4% May 22 1,000 Mohawk Ac Hud Pow 1st pref.* 75 Sale Prices. Sale * 30 6% prior Hen— 40 Miss River Power pref 10 375 75 Highest. Sale Prices 1% May 17 6 » com pref ser A— Utilities Lowest. Sale Prices 50 com new__5 Metropolitan Edison Co— 475 |6 pref series C—....... 36,100 Highest. Sale Prices. Ask. t C.. y RANGE SINCE JAN. 1. Price Jan. 1. Shares. 47 32% Sale 75 75 68 May 1 4 Feb. 14 May 24 May 31 May 26 Nat Power & Light— 20 50 66% Sale 51 Sale 44% Sale 32 Sale 59% Sale 10% Sale 46% Sale 85 New Orleans Pub Serv— Com v t c 100 150 N Y Pr & Lt $6 pref 475 7% preferred 3,380 N Y Steam Corp com 100 700 Class A option warrants 34,900 Class B option warrants 3,200 Class C Cptlon warrants. 11,550 2,850 Nor Amer Lt & Pr com $6 preferred 125 1,200 Nor Amer Utll Sec com 200 50 """166 115 Sale 15% Sale % Sale 3% 110% Sale 114% Sale 75 74 70% May 83 May 37 May 16 42 110% May 1 115% May May May May 10% % 4 Sale 9% % 1% % 9% Sale % Sale 2% 2% % Sale Sale 1% Sale 4 * • May May May May 4 May 7% May % May Sale 7% Sale % 13 12 29 22 Apr. 1 May 27 Feb. 27 Feb. 27 Apr. 21 Mar. Jan. 5 10% May 31 48% Jan. 9 12% Jan. 13 23 Feb. 6 30 Feb. 17 94 Jan. 5 1% % % 27 1 1 29 31 31 27 12% % 2% % May May May May 4 May 7% May % May 5 Mar. 16 Jan. 24 Jan. 27 45 Jan. 5 6 116% Jan. 16 Jan. 24 Jan. 5 70% May 77 Apr. 35 99 Mar. 109% Apr. 16 • 5 6 Jan. 8% Mar. 18 31 31 31 27 16$ Apr. 1% May % Feb. 2 Apr. 7% Mar. % Mar. ' Jan. 3% Jan. 11 21 Jan. 5 5% Jan. 24 13% Feb. 10 50 75 Norlnd Pub Ser 6% pref.. 100 7% preferred.... 150 ..100 75 Nor N Y Util 7% pref 100 25 25 85 80 ... 4,560 12,700 1,400 May 19 May 31 69 3 May 29 5 100 N Y Teleo *%% pref 100 50 N Y Water Serv 6% pref...100 Niagara Hud Pow com 15 188,500 1,125 161",506 85 Apr. 9 * ..... 100 Sale May 19 May 31 34 26% 9% 19% 22% 63 72 66 72 39 70 May 25 May 4 25% May 1 39 70 May 25 May 4 May 29 Feb. 54 Jan. Jan. 39 May 54 Feb. 68 Mar. 12 17 A.. 100 com 37% ...100 25 2,600 Okla Nat Gas 6% % pref..100 4,400 41,550 Pacific G & E 6% 1st pref..25 5H% 1st preferred 25 3,000 2,150 Pacific Ltg Corp $6 pref.... * 38% Sale 10 Ohio Power 6% preferred. 100 100 Oklahoma Gas Ac Elec proflOO 1,900 25% Sale 25 Ohio Edison $6 preferred...* 10 50 "38% ""650 6% Sale -4% Sale 1,500 Pa Power At Light $7 pref... 13,400 Pa Water At Power * 1,800 Philadelphia Co com 4,400 300 21% Sale 11 30 150 7 2,220 Puget Sound P At L $6 pf $5 preferred 3,010 1,400 "54% 47" 8 82 10 "49" 8 Sale 54 Sale Sale 16 9 Sale Sale 26 Power.* 11% Sale 25 8,400 Sou Calif Edison pref A Preferred B_ 25 16,300 5 % % pref class C 25 14,400 500 Southern Calif Gas pref A.25 23% Sale 19% Sale Colo Pow cl A..25 Nat Gas Co com...* 10 800 Sale 350 30 14% Sale 20% Sale 18% Sale 1% 1% 3% % Sale 500 Southw Bell Tel 7% pref. 100 110 Sou'west G At E 7% pref.-lOO 3,100 Standard Power Ac Lt com..* Class B common * Preferred 5% Sale * ..... 8,200 Tampa Electric Co 7 9 40 48 5 7 Sale 5 Sale 5 Sale 25% Sale Sale 23 24 6 28 Sale 26% Sale 28% Sale 22% Sale 26% Sale 7% preferred 10° 500 Tri-StateTel Ac Tel 6% pf-10 50 13,900 Union Gas of Canada 34,000 United Corp warrants 11,700 11,300 287,000 22,120 18,600 40 151,500 1,100 56,400 23,850 100 375 56",I66| 2,300 2,100 470,300 United Gas common 62,320 $7 44,700 * aVA Sale 1 ...... Warrants. preferred...... % Sale -* ""% Sale' 50 United G & E 7% pref 100 276,400 United Lt Ac Power com A—* Common class B 2,200 * $6 conv 1st pref 96,900 * 53,650 U S Elec Pow com with warr_* Stock purchase warrants 3,700 1,300 Utah Power Ac Light pref...* -- .... 3% Sale 4% 7% 15% Sale % Sale 1% 2% Sale Sale 82% May 29 55 May 31 10 May 29 30 12% May May May 16 32% May 17 33 May 22 19% May 18 27% May 17 17 7% May 17 115,130 Util Pow Ac Light com Class B v t c 5,200 4,550 7% preferred..... 750 West Massachusetts Cos STANDARD Sale 7% 1 26 Jan. 6 Jan. 23 31* iiK 72 Mar. Jan. Apr. 24 Mar. 17 Jan. 6% Jan. 95% Jan. 76% May Apr. 39 30 20 10 26 60 Jan. Mar. 10 May 29 94% Apr. May 32% May 22 Apr. 102 x5 32 8 Mar. Jan. Jan. 21 28 3 14 14 19% May 18 27M May 17 12 Apr. 10% Feb. Feb. 5% Apr. 17 10% May 31 Feb. X42 Jan. Feb. Feb. 45 30 14 Mar. 16 10% May 31 99% Mar. 16 Mar. 24 87 May 11 96 May 11 100% Feb. 10% May 2 58% May 19 23 May 12 18% May 16 17% May 14% May 31 58% May 19 8 % May May % May 112 May 45 May 3 % May 2% May 25 May 23 May 96 Mar. 16 25 May 26 21% May 12 18% May 17 27 % May 19 103 May 1 % May 3 113% May 27 48 May 6 24 May 6 20 May 30 35 May 28% May 31 19 29 13 31 2 1 13 31 Feb. 22% May 13 47 May 23 53 May 15 26% May 31 47 May 23 May 24 62 58% 22% 18% 17% May Apr. May Mar. 20 Apr. 3% Apr. 60 Jan. 24% 22% 22% 3% Mar. Feb. 27 Jan. 113* 90 Apr. % May 111 Apr. 45 May 3% Ma* 2% May 16 Apr. 18% Mar. Jan. Sale 1% May May % May 1% May 19% May % May 48 May 25 3% May 1 5 May 6 11% May 1 % May 4 %e May 11 24 May 4 2 2 19% % 3% 3% 11% % Sale Sale Sale Sale 5 Sale Sale 2% Sale 29% Sale % Sale 6% Sale 9 Sale 24% Sale 1% Sale 4% 2% 2% 3% 31 % 49 7% 9 26% 1% %6 29% May May May May May May May May May May May May May 19 12 24 5 31 5 25 31 29 31 23 11 31 Jan. Jan. 50 6 May 7% Feb. 9 Jan. 20 Jan. Feb. 73 Mar. 3 2 Sale 5% Sale 14% Sale 1% May 2 4 May 11 9% May „ 1 2% May 11 5% May 13 18 May 17 14 Mar. 27 Mar. 30 2% Feb. 25 8% Mar. 31 % Apr. 19 %9 Apr. 5 Mar. 3 Mar. 22 20 89 1% Sale 2% 4 9% Sale Apr. 11 Feb. 31 Apr. 6 Feb. 23 26% Feb % Apr. 11 2 7 18 2 3 a6% Feb. 23 4% 3% 2% 3% May Jan. May May May Jan. May May May May Jan. Feb. 19 11 24 5 31 6 25 31 29 31 5 9 36 Jan. 18 89 Mar. 22 31 % Feb. 28 2 8 33 75 Feb. 2 Jan. 70 13 14 36 19% Apr. 4 May 23 May 15 42 25 1% May 29 116% Feb. 16 53 1% 1% 1% 1% 15 12 31 13 Apr. 7 Apr. 21 May 31 47 Mar. 18 May 31 % 49 7% 9 26% 1% % 2% May 11 31% Sale" Mar. 23 8 5% Apr. 19 24% Apr. 21 35 74 100 * 4% 2% Sale 29% Sale 1% 5% 100 Western Power 7% pref.-.100 May 11 1 10 Utica Gas & El 7% pref...100 FORMER 25% Jan. 19% Mar. May 5% Apr. 06% Feb. 23 800 United El Serv Amer shs... 400 21 % Apr. 78 Feb. 8% May 11 73 125 Tenn Elec Power 7% pref. 10" 90 Toledo Edison 6% pref--100 100 23% May 24 76% May 6 May 3 8% May 27 55% May 3 May 24 13 79% May 12 103 3,400 Swiss-American Elec pref-100 3,000 4% Jan. 1 46 10% Sale 40 Sou New Eng Telephone.. 100 800 Southern Union Gas com...* 1,500 3,600 67 1 80 2,300 3,600 6,800 1,100 1,100 1,200 75 Feb. 99 20 Sierra Pacific Elec 6% pf._100 2,200 55% May 3 May 24 67 100 17,925 Shawlnlgan Water At 100 Southern 75 67 100 6%% 1st pref 2,800 Southern 10 z42 * 10 1,900 71% Jan. Feb. 6 96 7,925 12 May 12 May 16 32% May 17 28 May 16 * 6% preferred D Rochester Telep Co— 11 6 Jan. 75 30 1,275 Railway At Llgbt Securities 100 Rochester G & E 7% B pf.100 400 5 10 52" 100 Quebec Power Co, com.....* 400 Apr. *68% Mar. 4 Com $100 par stock....100 50 '""790 21% May 55% May 3 May 24 May 23 8% May 11 70 40 7 6 50 Phlia Elec Co <5 pref * 8% preferred 50 25 250 Public Serv of Ind pr pref 100 • 300 PubUc Service of Nor 111 """25 23% Sale 78 100 Pacific Pub Serv 1st pref...* 100 Peninsula Telep Co com 90 7% preferred 1» 500 Pa Gas Ac Elec class A 650 55% May 3 May 24 May 23 5% May 23 /5 67 40 23% Apr. 61 34,508 Nor States Power 800 7% preferred. 22,900 74 Jan. 6 Mar. 17 8 12 x39 May 17 May 31 Mar. 17 Feb. 1 25% Jan. 13 OH SUBSIDIARIES 1,300 Borne Scrymser Co.. ...25 2,000 Buckeye Pipe Line... 50 3,750 Chesebrough Mfg 25 Cumberland Pipe Line— 1,050 800 1,900 50 450 400 2,950 96,300 183,000 6,550 6,700 9,400 1,500 10,600 4,200 63,200 65,900 3,500 3,100 5,800 400 1,200 1,900 "lloo 10,800 250 415,700 36,300 For footnotes see 2!m 6 28% 84 6% 8 239 Sale 6 30 Sale 30 Sale 103 108 84 May May May 8 2 May 17 2 a:39 May 31 1 100% May 26 6 Jan. 25 Jan. 71 Apr. 18 6 100% May 26 - Liquidation receipts certlfs Eureka Pipe Line Humble OH Ac ..100 Refining Imperial Oil (Canada) Registered 25 * * Indiana Pipe Line........-10 National Transit......-12.50 New York Transit -5 Northern Pipe Line Ohio Oil 6% pref 200 Penn Mex Fuel common '2,800 18,800 1,750 931,400 88,400 6 221 85 J 10 100 4% 23% 45 6 27 Sale 7% Sale 7% 8% 3% 3% 7 7% 3% 4% 5% Sale 73 75 4 23 Sale 27 53 % 9 Sale 9% 3% 6% Sale Sale Sale 9% South Penn Oil Standard Oil (Ind) 25 Standard Oil (Kentucky!._10| page 54. 49 32% Sale Sale 4 Sale 9 Sale 8% 3% 6% Sale Sale 79 May 1 May 16 May 3 May May May May May May 17 May 1 4 May 1 26% May 31 73% May 31 12 May 31 11% May 27 7% May 29 10 May 29 3% May 26 6 May 25 79 May 29 4 .!?« 25 50 24 Sale 2 1 — 6 Sale 3 5 76 Southern Pipe Line.......10 So West Pa Pine Lines.. 3% 26% 70% 11% 11% 7% 9% 33 3% 3 6 4% 5% Sale 37 28% Sale 15% Sale 72 3 May 14% May 30 May 22 23% May 2 12% May 3 6 May 17% May 32% May 30% May 15% May 29 31 4 May 20 Mar. Mar. 40 6% 6% 3% 5% 3 3 Feb 27 4 Mar. Feb. 23 Apr. 8 Feb. 24 4% 70% 1 % 2% Apr. 7 Apr. 20 Feb. 24 Apr. 10 11 Feb. 8 6 Apr. 28% Jan. 73% May 12 May 11% May 7% May 10 May 3% Feb. 6 May 79 May 2 28 12 31 31 27 29 29 1 25 29 Mar. 17 6 May 29 17% May 31 24% Mar. 29 31 33 17 30% May 29 15% May 31 Mar. 8% Mar. Jan. 12 CURB EXCHANGE YOEK NEW 48 RANGE SINCE JAN. 1. PRICES IN MAY. AGGREGATE SALES Since Price CURB EXCHANGE In May. NEW YOEK Jan. 3 Jan. 1. FORMER Shares Shares 3,200 8,095 80 340 1,200 1,700 7 5.800 1,400 10,100 21,800 14% 20% 22% 80 1 84 2 70,700 16,700 142,000 9,500 -25 11% 12 17 X Sale 60 65 2 Sale 12% 17 24% Sale "'406 75,700 14,600 5,500 4,200 2,100 * 10 Class A Preferred... 900 1,800 108.166 100 7,400 22,100 1,500 26,800 31,100 9 8X 7% 7% 800 20,700 42,300 7,200 T.766 7,000 2,800 9,300 * % Vs Sale Vs % % ... . T" "2 1,470 200 2,700 4,700 100 1,400 6,900 10,600 20,100 700 2% 3% 1H 2% 1% 15,700 14,400 11,100 16,000 4,800 2 % IX 2% Me Sale 10% Sale • 1% % Sale X X 3 Sale 12X Sale X % Sale 7 2 1% 1 Sale % Sale 3% 3% 12% Sale IVs Sale 2 Sale Sale Sale Sale 1 % % 4% 29.282 Sunray Oil 21,600 Texon Oil & Land Co. 23,400 Venezuelan Petroleum 6,400 Woodley Petroleum Corp. 1,800 "Y" Oil & Gas CocIA —. Sale x4 * 5 28,600 Southland Royalty Co X 7% .* 5 k »/ Sale % 4% 92",200 100 400 27,600 49,700 300 2,000 157,700 39,400 Sale 15 3l" 900 7,600 21,300 33,100 118,700 700 3,800 300 64,700 1,400 200 10,600 87,800 1,300 31,000 65,100 2,300 340,300 37" 000 65,600 5,400 9,600 200 12,900 81,900 103,100 '300 100 35,700 5,500 1,000 72,800 185,400 10,700 May 19 May 24 May 2 May 31 20 May 27 1% May 31 % Sale Sale Sale % Sale % Sale 5 1% % 3% % May 16 May 2 May 2 May 3 % May 1 lit May 16 28 May 2 % May 1 % May Sale 1% 5 Mi Sale % Sale 8% Sale " Sale 4 May % 7% lit 1% May May May May Sale iv, 8 % May 12 8 3% May 3 1% May 19 % May 2 4% May 1% May 1 % May Sale 4Vs Salal Sale Sale 20 Comstock Tun & Drainage 1,800 Copper Range Co 49,600 Cresson Consol G M 8c M 163,900 Cusi Mexicans Mining 400 Eagle Picher Lead Evans Wallower Co - % % Sale % M? Sale .1 % ...5 1% Sale 1% Sale Sale 50c % % Sale % Sale % Sale X Mi Sale 20 Vs 1 10 25c 5 * 10 ...4 1 1,800 Kirkland Lake G M Ltd 1 214,800 Lake Shore Mines Ltd 1,700 Mining Corp of Can * 600 Mohawk Mining...........25 25 41,300 New Jersey Zinc 10 188,325 New Mont Mining Coro 10 8,700 NY 8c Hond Rosario M 58,900 Niplssing Mines 5 1 119,000 Ohio Copper Co * 4,000 Pacific Tin special stock 1 698,300 Pioneer Gold Mines Ltd 100 Pond Creek Pocahontas Co 1 78,600 Premier Gold Mining 103.200 Roan Antelope C Mines Ltd.. 18,900 St Anthony Gold Mining...1 5 17,700 Shattuck Denn Mining 5 1,800 Silver King Coalition 5 24,300 So Amer Gold 8c Plat 256,600 Standard Silver Lead. 1 261,900 Teck Hughes 2,100 Tonopah Belmont Devel—1 325 Tonopah Mining of Nev__..l 68,900 United Verde Extension..50c ...5 6,800 Utah Apex Mining Co 2,000 Walker Mining 98,900 Wenden Copper Mining 419,200 Wrlght-Hargreaves Ltd. 16,700 Yukon Gold Co........ Sale Mi Sale "2% "2% 5 Vs Sale 2% Sale Mi % 4% 7% 5% Sale Sale Sale Sale Sale Sale Sale Sale 6 9 8% % % lit 35% Sale Sale Sale Sale Sale 32 10 Sale 20% 30% 15% Sale 42 Sale 30% Sale 47% Sale 40% Sale 9% Sale 16 Sale 15 Sale 1% Sale 2 Sale X 2% Sale Sale 4% Sale 4 % Sale 7% 8 % Sale 1 IX 6% Sal/8 7 Sale % Sale 8% Sale 11% Sale 2 X 2% % 3% Sale 5 %6 %, 4% 7% 5% S 12 Sale "i'Vs 'TVs 21 Sale % Sale 3% Sale 1 1% Me Sale 3% Sale 3% Sale Vs 1 % 4% % Sale Sale Sale Sale Sale 5% Sale .. 4% Sale 1% 1% Vs Sale lit Sale 5% Sale Sale May May May May May May 22 May 2 29 May 18 May May May May May 15% 1% % 6% 6% May 15 May 3 May May May 1 31 42 31 1% Vs % 6% 10 % % May 19 % 1 lit May 6% May 27 Vs May 31 % May 29 1% May 31 45 May 27 % May 1 % May 31 1 % May 16 1 % May 8 4% May 12 3% May 31 % May 19 9 May 31 3% May 11 5 May 9 % May 19 13% May 29 % May 20 2% May 22 Mar . % Mar . 3 May 19 % May 24 % Apr. 17 May 31 May 17 20 May 31 Mar. 27 May 19 % Feb. 6 6% May 27 % May 31 XH 21 28 % May 29 1% May 31 May 27 Vs Jan. 31 % May 31 1% May 16 1 % May 8 4% May 12 3% May 31 % Jan. 19 9 May 31 28 lit May Apr. % Jan. % Apr. % Jan. 1% May 3% May Vs Feb. % Feb. 3% Feb. % Mar. 3% Feb. % Jan. 6% Apr. % Jan. 1% Mar. % Jan. 16 15 20 29 5 21 23 28 31 11 '31 Jan. May 29 May 29 43 40 45 8 3 8 8 24 24 3% May 5 May Vs May 13% May % % May 2% May 11 9 19 29 20 22 % Jan. 14 4 1% May 5 May May May May May May May May 22 31 % May 8 1% 1% 86% 5% % % 5% % 22 31 av 2 10 47% 42% 16 2% lit 12 May lit May 15 1% May 3 5 May 31 Vs May lit May 3% May lit May % May 22 May " % May % May 20 lit May 4% May lit May 3 9 16 15 4 13 15 Jan. 12 X Jan. 29 1 TVT % May 11 6% 9% 9% % % lit 38% 40 % Jan. % Mar. % Mar. % Jan. 55 Jan. 1% Feb. 5 20 14 15 3 23 28 31 May May May May May May May May May May May May May May May May 31 27 31 31 2 31 27 29 1 31 29 1 29 31 31 31 4% % 2% lit lit 2% 5% 2% % % 1% May 31 22% May 31 % May 31 3% May 5 May 1% May % May 6 May lit May % May 4% May 1% May % May %8May 6% May lit May 31 31 31 1 27 15 22 31 18 29 29 27 31 Apr. Feb. Feb. Jan. Jan. Feb. Jan. Jan. Jan. Jan. May 29 May 29 43 14% Jan. 15 Apr. % Jan. 18 3 18 5 18 1 % May % Mar 1 % May 1% 86% 5% % May May May May 5 16 22 31 22 31 31 1 Apr. 21 5% Maj 29 % 2% % lit 6% 9% 9% % % Apr. 21 Feb. May May May May May May May 15 8 11 31 27 31 31 2 Feb. 6 25% Mar .28 1% Apr. 4 8 Apr. 26% Mar. 38] May 27 2 May 29 11% Mar. 7% Feb. 42 Jan. 1 18 lit Jan. 6 Jan. 13 3% Jan. 3 3 13 lit May % Sale % Sale 1 lit May 11 % May 8 86% May 22 3 May 11 % May 2 Vs May 9 4% May 12 % May 2 10 Sale 3% Sale Vs May 1 1 __1 * % Sale lit Sale 20% Sale IVs May 2 25% May 24 24 1% Sale Sale .....100 33,300 Falcon Lead Mines 12,900 Goldfield Consol Mines 42,800 Hecla Mining Co 94,500 Hollinger Consol G M 260,100 Hud Bay Min 8c Smelt 1,600 Iron Cap Copper 6.700 Kerr Lake Mines Ltd Sale 25 Lead 7% preferred 36% Sale 39 _5s American shares 100 May 1 May 1 May 19 May 3 % Sale May 6% Jan. 5 Apr. 4% May 3 Jan. 9 Jan. 9 Jan. Jan. 11 Feb 27 9 Jan. Mar .27 3 Apr 4 Jan. 1 6 31 9 % % % 2% 1% Sale 1 31 24 31 4% May Feb. 4% May 31 May 13 1 1 May 2 26 2 6 1 3 May 11 May % Sale 6 Sale 18% Sale 1% Sale 31 20 31 5% May 31 5% May 31 % Jan. 5 14% May 31 12% May 26 1 % May 31 % May 5 23 Mar. Feb. % May % % 3% 12% 21 1 % Apr. 4 1 a 31 4% Apr. 3 H May 6% Apr. 5% May % Feb. 5% May 2% May 25% Apr. 51% May 9 STOCKS Sullivan....10 Voting trust certificates .10 Consol Copper Mines 260 Consol Min & Smelt Ltd 5,500 1% May 31 % May 5 4% May 31 9 May 31 Sale 100 Chief Consol Mining Co.. 27,900 14% May 31 Vs May 10 % May 4 4 6% May 29 31 8 31 23 18 Apr. Jan. Jan. Feb. 12 % May Vs Jan. % Apr. 1% 1% lit 8% 12 % May 26 2 Vs May May May May May Mar. 1% 2% 4% 4% 5% * Bunker Hill 8c 7,800 5% May 31 5% May 31 Sale 4 4% 1% 4% Sale Vs % 7Vs Sale Vs % Bwana M'kubwa Cop Min— 5,700' Sale 3Vs 4 41% May 31 3 Sale 25 4 31 29 31 31 2 12% May 6 Jan. 25 Vs Feb. 25 1% Jan. 16 3 Jan. 5 2% Jan. 25 2% Apr. 3 4% May 26 % Feb. 1 2% Feb. 27 % Mar. 15 25 Apr. 24 24 Mar. 3 1 May 31 May 2 5 3 8 % Apr. May 29 May 31 May 8 May 31 May May May May May 11% May 31 9 May 5 1 Apr. 17 1% May 29 Feb. Feb. Feb. May 6% 8% % % 5 .X .10 10 Salt Creek Consol Oil Salt Creek Producers 900 Shreveport El Dorado lie Apr. 24 % Feb. 4 May 11 1% May 1 1% Sale % Sale 4% Sale 9 Sale 3% 10 3% Sale 38 1 1,800 Prior pref new -10 9,600 Ryan Consol Petroleum....* 2 31 31 31 31 Apr. 15 May 10 May May May May 1% 3% 3% 4% % IX Mar. 1 Feb. 24 1 6% 5% % 5% 2% 1% May 12 Sale 13% % Sale % % 100 Root Refining new com 1% 2% 4% 4% 2 IX 3% 7% Sale Stock purchase 575 14 % Mar. 30 1% Feb. 6 12 Vs May 26 warrants Corp— Pure Oil Co 6% pref.. 100 350 Red Bank Oil Co * * 2,900 Reiter-Foster Oil Corp 5,100 Richfield Oil of Calif pref..25 225 4 31 31 31 31 9 36 Sale 13 % Mi '% 3 1 3 1 5% Sale 5% Sale Producers Royalty MINING 2% May 27 Apr. 4 20 Apr. 11% May 31 9 May 5 1 May 17 1% May 29 3 5 1 2 49% Sale Sale 1% % 3% % Vs X Sale 5% Sale 2% Sale 2% 1 % Vs 1% 4 6% Sale 6 7% Class A vot trust ctfs * 10,900 Class B vot trust ctfs * 9,700 II,400 Mountain & Gulf Oi ICo.—1 37,500 Mountain Producers Corp.10 * 61,300 National Fuel Gas 5 22,200 New Bradford Oil 100 New Engl Fuel Oil Corp... 5 8,300 North Cent Texas Oil 1 26,900 North European Oil com * 3,100 Pacific Western OH Corp 13,500 Pantepec Oil of Venezuela..* 5,175 Sale 2% —* 5,900 Mexico-Ohio Oil Co 31,800 Michigan Gas & Oil Corp...* 3,100 Jan. 1% May 10 May May 4% May 26 % May 8 3 May 2 "5% Sale" Vs Sale 2% 3oy 1% IX 37 X 26% Sale 25 Indian Terr i llum Oil Co Non-voting class A 1,300 Class B stock 2,200 5 23,400 Intercontinental Petrol * 303,300 Internat Petroleum com 100 Registered 12,400 Klrby Petroleum. * 22,400 Leonard Oil Development—25 * 3,625 Lion Oil Refining.... * 62,900 Lone Star Gas May May May May 1% 3% 3% 3% May 1 May 2 May 10 May 1 5 "5% Sale Sale .... .... 178,100 Gulf Oil of Pa 30,500 37,200 1 6 Sale 9 Pref ctfs of deposit.....100 1,000 * 219,800 Creole Petroleum Corp Common new 5 14,600 1 15,767 Crown Cent Petrol Corp 7,100 Darby Petrol Corp • 7,400 Derby Oil 8c Ref com —* 22,500 13,000 2,220 85 14 % May 1% May 2% May 2 May Sale n Sale 21> 4% 3% 4% Sale Vs 1 1% Sale 1% 2% 2 Sale 1X 1 Vot trust ctfs * 26,200 10 4,500 Consol Royalty Oil * 6,300 Cosden Oil Co common Certificates of deposit— 30,200 Preferred 100 800 Petroleum Corp of Amer— 19,700 13,000 May 31 May 31 Jan. 9 26 60 2% May 27 9 May 8% May Vs May % May 11X Sale 12 % Sale 1% Sale 10% Middle States Petroleum— 7,600 80 1% May 10 -50 British-American Oil Co....* Coupon stock (bearer) — 8,400 Registered I,400 28,900 Carlb Syndicate com ...^.25c 23,800 Colon Oil Corp common Preferred 500 Margay Oil "3",300 % 1% 1% 2% 3% Sale 3% Sale 4% Sale a a 500 Atlantic Lobos Oil com..—* Preferred 26 17 Apr. 13 15% Mar. 3 Apr. 18 11 May 31 May 31 May 19 17 3 4 4 5 14 8 X Sale 1% IVs 1% Sale 2% Sale % Sale 1% 1% 1% Sale 3% Sale ....1 * Arkansas Nat Gas com 100 108,800 1% May 3 2Vs Sale Prices. STOCKS. American Maracaibo 1,300 May 60 .... Highest. Sale Prices, Highest. Sale Prices. 11% May 17 May Sale Columbia Oil & Gasoline— 14,000 2,100 1,900 15,400 Ask. Ask. Bid. Bid. 25 % preferred OTHER OIL '""loo Ask. 13 100 5% pref Swan-Finch Oil Corp 10 48,300 9,100 75,800 3,600 Bid. OIL (Concluded) STANDARD SUBSIDIARIES 4,800 Standard Oil (Nebraska)—25 15,105 Standard Oil (Ohio) com..25 Lowest. Lowest. Sale Prices. May 31. May 1. 1933. lit 7% lit % 2% % lit 3% lit % 1% % % Mar. 24 Apr. 11 Mar. 3 Jan. 5 Feb. 15 Jan. 6 Mar. 28 Feb. 3 Feb. 27 May 9 Mar. 29 Mar. 3 Jan. 9 Jan. 6 lit Jan. 25 3% Jan. 3 Xt Feb. 25 10j. Apr. May May 16 h Apr. 2% May %t May 8% May 47 V\ 11% May 13 Mar. 1% May 22% May % Jan. 3% May 5% Apr. 1% May % Apr. 6 May % Feb, % May 4% May 1% May % May lit May 6% May 3 31 29 28 29 31 31 31 24 31 31 3 31 28 31 24 27 24 22 31 18 29 29 27 lit May 31 BONDS $ 286,000 40,000 90,000 30,000 114,000 $ 1,328,000 155,000 246,000 431,000 401,000 Alabama Power i^i 1st 8c ref 5s. 5s 1968 1st 54 1946 1951 1st 8c ref 5s For footnotes see page 1967 1956 54. Sale 57 Sale 01% Sale 82 % Sale 07% Sale 91X Sale 63 62 Sale Sale 75 56% May 63 60 May May 76% May 68 Sale 74% Sale 68 May May 17 May 18 72% May 17 84% May 29 76 May 18 68 76 Apr. Apr. 58% Apr. 75 Apr. 66% Apr. 54 61 26 81% Jan. 12 Jan. 9 28 95 29 89% Jan. 16 26 100% Jan. 16 Jan. 18 20 97 June, 1933.] NEW AGGREGATE SALES In new yore curb exchange 1933. BONDS (Continued) 1,501,000 381,000 120,000 50,000 22,000 189,000 523,000 2,643,000 278,000 542,000 Bid. Aluminum Co ■( deb 5*—1952 Aluminum Ltd 5s. May 1. Ask, Bid. Sale 98 8454 Bid. Deb 5Hi 1 54 Sale 94% Sale 16 Sale 23 3,075,000 6s without warrants..2016 343,000 Amer Radiator deb 4 H*—1947 Sale 76 Sale 4554 May 8654 May 6254 May 29 9654 May 29 8254 Sale 27 Sale 1754 Sale 25 Sale Sale 16 Sale 23 Sale 4554 8754 Sale Sale 61 Sale 5154 6354 Sale Sale 56 Sale 95 54 1,563,000 Deb s f 5s 1948 2,225,000 4H% notes 1933 70,000 Amer Seating 6s 1936 90,000 Amer Thread 5H« 1938 1,164,000 Appalachian El Pr 5s_.__1956 Sale 46 Sale 62 54 Sale 9654 Sale 125,000 160,000 25', 000 97,000 189,000 1,311,000 22,000 3,020,000 40,000 287,000 ' 905",600 80,000 3,000 3,232,000 14,000 359,000 3,000 3,346,000 7,000 175,000 2,255,000 2,000 239,000 6,000 11,000 336,000 169,000 114,000 75,000 Con* deb 6s 1945 Conv deb 6s series B 1945 Appalachian Power 6s 2024 5s 1941 Arkansas Pr & Lt 5s__—.1956 Arnold Print Works 6s...1941 Associated Elec 4HB 1953 327,000 Assoc Gas Sr. Elec 4H>—-1948 3,000 4%s registered 1948 7,950,000 6s 1968 24,000 5s registered 1968 1,409,000 5^s lnv ctfs 1938 90,000 5H» in* certifs reg 1938 8,380,000 ®er»e» C 1949 8,000 4%a C registered 1949 640,000 5h« 1977 5,883,000 Cony deb 5s 1950 2,000 5s registered 1950 463,000 Aasoc Rayon Corp 5s 1950 27,000 Assoc Simmons Hard 6H« 1933 43,000 Assoc Telep Co Ltd 5s... 1965 1,259,000 Assoc Tel & Tel 5H» A...1955 2,053,000 Assoc Tel Utll 5H« 1944 349,000 2-year 6% secured notes.*33 136,000 Atlas Plywood 5Ht——-.1943 68 1 9 50 Sale May 9 6954 May 2 8254 May 10 40 97% May 4 100 76 May 2 a8754 7854 Sale 9154 Sale 5 6 31 24 29 17 29 654 May Sale Sale 5 63 May 1 3 1 Sale 10354 8554 May 63 51 Sale Sale 7854 Sale 9554 May 6454 May 3254 Sale 3554 Sale 31 17 Sale 1854 Sale 1954 Sale Sale Sale 46 Sale 9654 6554 2154 Sale May 20 «i!H 11* it* 21 % Sale' 15% Sale 21 Sale 15% Sale 21" Sale" 2054 Sale 14% Sale 1854 Sale 1254 20 22 54 Sale Sale 2254 Sale 15 17 1554 Sale 19 14 Sale 1954 3954 Sale 15 a Sale 2* 79 2654 Sale 19% Sale Sale 37 % 41 25 Sale 36 Sale 854 1154 Sale 15 Sale 2454 854 Sale 49 Sale 33 Sale 1154 May 23 May 22 May.16 May 23 May 22 May 23 May 16 May 18 May 16 May 16 May May May 26 May 10 May May May May . 25 31 26 31 29 May May May May May 5 60 9954 Sale 8554 Sale 31 26 29 13 80 2 a30 Appalachian Gas Corp—- 29,000 95 May May May 2 May 3% May 85 May 2354 May 85 May 25 May 23 May Sale 22 Lowest. 79 May 22 9954 May 15 7854 May 31 42 May all* IV4 2154 18 1954 17 23 2254 1954 42 15 79 3654 17 22 49 5 May 8 May 27 May 12 May 25 May 31 May 29 May 12 May 29 May 5 May 12 May 8 May 29 May 31 May 10 May 31 May 5 May 6 May 31 Highest. Sale Prices. 80 Apr. 6 4754 Mar. 15 54 Apr. 19 % Feb. 16 3 May 16 64 Apr. 10 1254 Apr. 17 69 Apr. 20 13 Apr. 5 11 Apr. 19 Prices 2 4 May 5 1 May 4 3 May 16 7154 May 3 15% May 76 May 1654 May 15 May 1 —1953 9054 Sale 8454 May 6054 May Sale Am Community Pow 5H« 1953 Amer & Continental 5«—1943 Amer Elec Pow deb 6s 1957 Amer Gas & Elec deb 5s ..2028 Amer Gas & Power 6s 1939 5s. 1953 Highest. Sale Prices. Ask 1948 Amer Commons Pow 6s. 1940 Amer Rolling Mills— 542,000 1,209,000 22,000 37,000 252,000 RANGE SINCE JAN. 1. Lowest. May 31. Ask American Power A Light 1,168,000 112,000 49 Jan. 3 $ 498,000 70,000 34,000 18,000 8,000 102,000 127,000 770,000 96,000 178,000 EXCHANGE PRICES IN MAY. Jan. 1. S CURB Price Since May. YORK Sale Prices. 99 Jan. 11 3254 Apr. 83 4 Apr. 20 80 May 26 254 Jan. 11 May 13 2 8 Jan. 6 85 May 25 26 Jan. 12 92 Jan. 29 Jan. 10 2554 Jan. 18 3 6454 Jan. 16 97 Jan. 31 May May May May 31 24 29 17 Jan. 16 33 45 Apr. 6954 Apr. 4 8254 Apr. 18 40 9654 Jan. 25 100 7154 Apr. 20 9754 22 454 Jan. 454 Jan. 63 May 8 Mar. 30 8 Mar. 28 8554 Feb. 3 94 Feb. 16 Apr. 6 105 62 Apr. 30 9054 Jan. 12 3554 Apr. 18 61 Feb. 3 2554 Apr. 3 4754 Jan. 11 27 1254 Mar. al2 May 26 Jan. al6 May 27 13 Mar. 27 Jan. 13 Mar. 25 13 Mar. 26 Jan. Jan. 1254 Mar. 1154 Mar. 15 May 11 31 11 28 Mar. 2554 Jan. 2654 Jan. 2454 Jan. Jan. 13 54 Mar. 1954 May 1954 May 16 33 Mar 11 27 8 10 52 15 Jan. Jan. Jan. 17 Apr. 8954 3654 2454 5354 Jan. 16 Mar. 49 May 31 Mar. 1554 Feb. 5 27 26 Jan. Apr. 6 75 26 31 Mar. May 31 11 May 31 Baldwin Locomotive Works 263,000 123,000 1,184,000 317,000 348,000 55,000 35,000 1,000 96,000 42,000 994,000 151,000 5,864,000 1,222,000 1,204,000 255,000 74,000 419,000 286,000 142,000 *H% notes 1933 5Hs ctfs of dep 1st M 5s 5s ser B 8354 Sale 66 80 Sale 63 Sale 79 Sale 38J4 97 % 97 % 97 % Sale Sale Sale Sale 46 Sale 6354 Sale 9654 Sale 1933 Bait & Ohio RR 5s F Bell Tel of Canada 5s 1996 1955 June 1 1957 series C 1960 Bethlehem Steel 6s 1998 Blnghamton L H & P 5s..1946 Blackstone Valley G & E— 6,000 11,000 53",600 47,000 13,000 36,000 31,000 70,000 6,000 326,000 16,000 6,000 419,000 124,000 101,000 19,000 19,000 16,000 383,000 65,000 290,000 51,000 9,000 35,000 27,000 5s series B 1939 Can Nat Steamships 5s..1955 Canadian Pacific Ry 6s..1942 Capital Admin 5s A 1953 45 Sale 40 103 Carolina Pr & Lt 5s Sale Sale Sale 68 Sale 100 90 Sale Sale 9054 Sale 7854 Sale 72 1956 6454 Sale Caterpillar Tractor 5s 1935 Cedar Rap Mfg & Pow 5s. 1953 Sale Sale" 5954 10054 Sale 8954 7554 Sale Sale 7154 Sale' 75 % Sale 75% Sale 1968 297,000 1,218,000 Cent States Pr A Lt 5HS.1953 Chicago Dlst El Generating 174,000 81,000 713,000 323,000 warrants. 1949 1948 5Hs with warrants..-1954 5Hs without warrants. 1954 7054 Sale 8954 Sale Sale 97 Sale 87% 9154 Sale 51 Sale 59 Sale 57 Sale 57 Sale 6754 6454 5954 Sale Sale Sale 74 Sale Sale 65 65% Sale Sale 2 Sale Sale Sale 6054 4 3054 Sale 35 Sale 6054 Sale 6954 Sale 5954 May Sale 30% Sale" 30 5§ Sale 1970 80 Sale 88 Sale 10,000 94,000 Union Stock Yards 5s. .1940 74,000 133,000 Chic Pneum Tool 5>*•---1942 96 Sale 86,000 63,000 61,000 300,000 4,773,000 1,000 343,000 Chic Rys 5s ctfs of dep..1927 108,000 Cincinnati Street Ry 554sl952 51% 4554 Sale" 4554 Sale 77 522,000 120",000 1,129,000 516,000 2,000 69,000 41,000 129,000 Conv deb 1950 554s registered 1949 ..... 5s 4454 Sale 55 Sale 37% Sale 3654 Sale 1954 1939 340, OOf 109,000 203,000 147,000 98,000 212,000 682,000 1,000 410,000 Bank 5H« 3,080,000 1937 574,000 Commonw Edison 4H>-—1957 58 series A 664,000 1953 5s series B 786,000 1954 4Hs series C 798,000 1956 4Hs series E 1960 665,000 4s series F 1,775.000 1981 4s registered 1,000 .1981 2,282,000 5%s series G 1962 374,000 277,000 6,000 4,000 16,000 55,000 223,000 15,000 1,331,000 785,000 18,000 25,000 187,000 312,000 2,755,000 56,000 107,000 For footnotes Com'w'lth Subsid 5 54s A.1948 Community Pow & Lt 5s. 1957 Conn Lighting 8c Pow 7s.1951 5 Ha series B 1954 4Hs series C see page a 54. 30 54 Sale 3154 Sale Sale 44 Sale 4554 Sale 107 105% Sale 65 Sale 3054 Sale Sale 10554 Sale 165 Sale 5554 93 54 10014 9954 Sale Sale Sale Sale 3154 Sale Sale" 63 10354 10354 6054 Sale Sale Sale 5354 Sale 8754 Sale Sale Sale 94 100 Sale .1962 1954 77 Sale Sale Sale May May 3054 May 31 May 10354 May 103 May 10354 May Sale 9354 Sale 8654 Sale 94 Sale Sale 92 Sale Sale 78 Sale 8154 Sale 106 Sale 9854 Sale 10154 Sale 80 Sale 10554 Sale" 66 63 454 4 4654 46 4454 3554 1 9 May May May May May May May May 29 29 17 29 31 10 15 25 24 29 26 25 3 8654 Jan. 11 5 80 May 11 27 6354 May 31 87 Mar. 3 10054 Jan. 16 Jan. 11 8554 Apr. 5 100 87 Mar. 31 10054 Jan. 13 99 Feb. 10 May 4 104 Feb. 85 Jan. Apr. 20 102 Jan. 80 5754 Jan. 58 54 May 2 Feb. 28 40 10254 Feb. 9654 May 101 Apr. 9754 Mar. Apr. Apr. 59 4 105 Mar. Jan. 20 4854 Jan. 10654 Feb. 10754 Jan. Mar. Feb. 27 70 98 Apr. 8554 Feb. 7054 Jan. 67 Apr. 6754 Apr. 54 Apr. 88 16 10354 Jan. 16 10454 Feb. 2 10354 Mar. 22 102 Apr. 15 in iii* 12 11 6 May 29 102 Mar. 25 Jan. 3 9254 77 % 7754 7354 9754 9854 8654 Mar. 7754 Apr. 41 May 9854 Apr. 48% Apr. Jan. 90 Jan. 6 Feb. 2 Feb. 11 Jan. 9 Jan. Jan. Jan. Jan. 11 31 20 24 13 16 24 53 Apr. Apr. Jan. Jan. Jan. Jan. 15 3 16 17 49% Apr. 8154 May 85 May 53 Apr. Jan. Jan. Jan. Jan. 31 23 17 24 16 31 29 29 12 Apr. Apr. 54 Jan. 54 Jan. 2754 Apr. 28 Apr. 29 Apr. 23 Apr. Jan. Jan. 4 12 7154 May 17 7954 May 24 9354 May 52 54 May 5854 May 58 May 62 May 44 May 4554 May a34 May May 5154 May 4154 May 4854 May 30 May a31 May o34 May 4254 41% 9954 105J4 Sale 9754 Sale a7154 9754 93 12 8554 17 44 26 10254 63 May 1 69 1 May 67 May 1 2 6154 May 26 r8454 May 5 8654 May 68 3 May 35 4754 May 90 4654 Sale May Sale Sale 105H 104 J4 99 75 May May May May May May May May May May May May 50 Apr. 4854 Apr. 32 1 17 27 27 31 31 31 18 52 49 10 42 75 67 23 12 12 11 10 31 11 454 Mar. 15 454 Mar. 16 t?* 41* May 31 Jan. 11 May 29 Jan. 21 5854 Apr. 21 74 Apr. 6 84 54 Jan. 94 Jan. 27 9354 May 1 98 27 Jan. 18 11* 4154 4854 2454 2454 a32% Jan. 5254 May 17 Mar. 22 59 May 4 Apr. 28 58 Mar. 31 Mar. Feb. 3 27 Jan. May 6354 Jan. 44 May 4554 May 13 27 30 31 31 6354 Sale 75 Sale 41 4954 Sale Sale 10254 Sale 9154 Sale 100 Sale 9654 Sale 61 30 4954 May 85 May 9254 May 9354 May 84 May 8454 May 7754 May 80 May 9754 May 6354 040% 11154 10754 9754 10154 May May May May May May 89 May 10254 May 9954 May 2 6054 May 31 77 May 31 4254 May 31 42% May 31 31 May 10 10754 May 26 10854 May 26 106 May 25 58 May 9354 May May 100 May 95 May 92 May 8354 May 80 May 10354 May 101 26 31 26 29 31 26 17 11 18 7654 May 31 4954 May 29 11154 May 4 10754 May 24 100 May 11 10654 May 23 9754 May 17 104 May 4 10254 May 26 18 35 Jan. 3 60 May 31 4754 Feb. 21 48 ...1956 Conn River Power 5s....1952 Consol Gas of Bait 5s 1939 4H Sale' 1949 1961 Commerz und Privat 19,000 51% 1950 5 Ha gold deb 251,000 Cleve Elec Ilium 5s series B 211,000 5s 798,000 34% Sale 3 70 3 10054 8954 9054 7554 10 93 54 May Sale 6054 ...1966 5s 5s registered... 5s series D Sale 1955 1,705,000 Cities Service Gas 5H>—1942 5Hs reg 3,000 —1942 547,000 Cities Serv Gas Pipe L 6s. 1943 3,698,000 Cities Service P 8c L 5 H"-1952 1,649,000 2,000 9354 50 Sale' a May 31 May 23 May 26 42 2 May 5 1 10454 May 20 1 10454 May 11 May May May May May May May Sale 41 1935 68 series B May 55 May 5154 May 8154 May 85 May 58 May 37 >4 ol54 Sale 41% Sale Deb 5Hs 1,076,000 Cities Service 5s... 55 154 254 30 J4 3054 3554 3054 4Hs series A 16,745,000 10,000 15 11 31 31 31 3i 25 26 17 12 3 104 5254 May 49 5254 Sale 4954 Sale 254 Sale Chicago Junction Rys & 124.000 6654 May 9954 May 89 May 7854 May 72 May 70 May 63 54 May 8954 May 8654 May 7854 May 41 May 101 May 51 May Sale 4H« series H 1981 Cent Maine Pow 4Hs E..1957 5s series D ....1955 Cent Ohio Lt & Pr 5s A..1950 Cent States Elec 5s 9954 May May May 10254 May 36 64 Sale Cent 111 Pub Serv 4 He F.1967 5s sories E 1956 5s Series G 6 101 May 23 103 64 96% Central German Pow 6s..1934 Cent Illinois Light 5s....1943 5He without 9654 May 9654 May May May May 55 May 104 85 69 9654 May 102 10254 Sale warrant Central Power 5s ser D..1957 Central Pow Sc Lt 5s 1956 Cent Pub Serv deb 5He.. 1949 604,000 669,000 69,000 8254 May 80 May 6354 May 9654 May May May May May May May May May 5854 May 4054 May 103 Canada Nor Power 5s.... 1953 Canadian Nat Rys 7s 1935 223,000 1,600,000 2,293,000 149,000 1,396,000 1,915,000 81,000 71,000 519,000 126,000 19,000 101 205,000 Cent Arizona L 5c P 5s...1960 78,000 79,000 1,434.000 363,000 636,000 165,000 98,000 188,000 196,000 63 99 85 Sale 1952 5s Without 66 4554 8854 8854 8854 1951 23,000 Boston & Albany RR 4s.. 1933 141,000 Boston Consol Gas 5s...1947 358,000 Broad River Power 5s A..1954 1956 111,000 Buffalo Gen Elec 5s 1st & ret 5s 1939 228,000 110,000 404.000 15,000 1,405,000 34,000 31,000 1,547.000 564,000 436,000 9654 Sale 9554 Sale 6754 Sale 40% ... 5s series A 8954 Sale 8954 Sale 100" Sale Birmingham Elec 4 ^s...1968 Birmingham Gas 5s 1959 26,000 16,000 32,000 Sale 49 Feb. 16 3 77 May 3 Apr. 4254 May 6 Apr. 42% May May 10 .31 May Apr. 25 10854 Jan. Mar. 21 110 Jan. Mar. 3 10654 Jan. 31 31 31 10 42 54 25 2554 21 10254 10254 10154 Mar. Jan. 8 4754 Apr. 8354 Apr. 25 9154 Apr. 22 10654 92 Apr. 27 10554 8354 Apr. 21 10254 82 Apr. 21 101 7454 Apr. 20 9354 80 May 11 80 95 Apr. 20 10654 M 57 Apr. 21 4 3654 Apr. 110 6 11 11 18 Jan. Jan. 25 Jan. Jan. Jan. Jan. Jan. 4 5 ll 9 12 11 May 11 Jan. 3 Jan. Jan. 11 11 Mar. 22 Feb. 15 10254 Mar. 1 9754 May 13 Jan. 20 Feb. 15 100 2 Jan. 17 2 May 5 10254 May 9754 Apr. 21 Jan. Jan. 89 Mar. Jan. 9 12 24 / In Ask. Bid. (Continued) Lowest. Ask. Ask. Bid. Bid. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices, May 31. May I. 1933. BONDS 11ANQE SINCE JAN. 1. Jan. 3 Jan. 1. Consol GfiL&P Bait— 13,000 79,000 305,000 118",000 132,000 95,000 204,000 SHi series B 4%s series G 4Mis series H 1st ref s f 4s 1,914,000 4s new 562,000 550,000 Consol GGL&P 1952 1063 1969 105' 1970 99 1981 ___--1981 103)4 4%a.._1935 Sale 97)4 93)4 Sale Sale 97 10094 Sale 9594 Sale 89 10294 Sale Sale 10094 May 486,000 817,000 6J4s with 1,000 6s A registered 213,000 122", 600 148,000 9,000 280",000 45,000 94,000 50,000 75,000 281,000 50,000 20,000 17,000 59,000 53,000 8.000 16,000 49,000 23,000 284,000 267", 660 396,000 1,972,000 15,000 19,000 6,000 195", 066 508,000 Sale a4% 31)4 11 Sale 44 Sale 35 1,488,000 Consumers Power 4X»--W58 103 1st Ac ref 5s 1936 105)4 902,000 57)4 3,803,000 Continental G Ac El 5s ...1958 1937 9694 991,000 Continental Oil 514s 50,000 Cont'l Secur Corp 5s A.. 1942 69 1940 546,000 Crane Co 5s 1940 481,000 Crucible Steel 5s 93,000 Cuban Telephone 7%s—1941 ...1944 5,000 Cuban Tobacco 5s 91)4 811,000 Cudahy Pack deb 5)4*—-1937 5s 1946 103)4 278,000 320,000 Cumberland Co P Ac L 4)4* '56 Sale 7%% stamped 188, 000 Dallas P AcL 5s series C..1952 6s series A 1949 282, 000 1.284, 000 Dayton P Ac L 1st Ac ref 5s '41 271 000 Delaware Blec Pow 5)4s..l959 261 000 Denver Gas & Elec 5s....1949 Sale Sale Sale 1 May 17 56,000 Detroit Int Bdge 6%s.-_1952 6 %• certifs of deposit. . 1952 34,000 9,000 25-yr s f deb 7s ....1952 7s certifs of deposit....1952 3,000 Dixie Gulf Gas 6)4* 1937 with warrants 316,000 85,000 Duke Power Co 4)4*—-1967 Sale Sale Sale Sale 98% Sale Sale 55)4 Sale 97 70 Sale 78 Sale 70)4 Sale 72)4 Sale 89% 100% 72)4 Sale Sale Sale 103 Sale 101 Sale 100 70 50 Sale 95 Sale Sale Sale 84)4 Sale 61 774,000 147,000 68 Sale 76) 67)4 97 % Sale Sale 9194 Sale 81 Sale 90 Sale 16% Sale 10194 Sale 10294 Sale 99% 99% Sale Sale 32 Sale 44 Sale Sale 71 Sale 70 60 264,000 761,000 228,000 611,000 119,000 174,000 99,000 Jan. 5 61 Jan. 12 Mar. 98 Jan. 14 Jan. 54 Jan. 6 72% May 31 72% May 31 43",000 68 82 May May May May May May May May Sale 59% Sale 51% Sale May May May May May May 72 7,000 40,000 890",000 84,000 267,000 3,000 1,000 3,000 107,000 94,000 39,000 37,000 1,000 22,000 Jan. 17 99 Jan. 16 Apr. 21 108) Apr. 20 106) 60 Apr. 5 83 96% Apr. 27 102) 60 May 2 74) 91 68 May 1 75 Mar. 3 98% May 31 91% May 31 Mar. 21 3% May 15 4 May 31 3% May 23 294 May 16 May Mar. 21 May 18 13% May 2 Sale 1961 ..1939 21,000 Garlock Packing 6s 1934 833,000 Gary Elec Ac Gas 5* A 1956 2,456,000 Gatlneau Power 5s 6s 1941 545,000 6s series B 1941 502,000 221,000 Gen Bronze conv deb 6s. 1940 67 65 40 6s with warr Aug 15... 1937 27,000 718,000 Gen Water Works 5s A. .1943 Gen Water Wks Gas Ac Elec— 6s series B 1944 314,000 6s B ctfs of deposit.... 1944 197,000 27,000 Georgia Carolina Pow 5s. 1952 .1967 3,353,000 Georgia Power ref 5s 1978 192,000 Georgia Pow Ac Lt 5s 58,000 172,000 140,000 171,000 25,000 4,000 88,000 122,000 67,000 111.000 56,000 65,000 54,000 31,000 208,000 6s without warrants...1953 657,000 783,000 Gillette Safety Razor 5s. 1940 1,850,000 Glen Alden Coal 4s...... 1965 1935 279,000 Glidden (The) 5)4s Gobel (Adolf) 6%s ser A. 1935 With warrants 331,000 40,000 Godchaux Sugars 7)4s.._1941 523.000 For footnotes see page 54. Jan. 11 9 17 26 Jan. 23 Jan. 18! >f 47% Jan. Jan. 88 86% Jan. 60 May Apr. Apr. Jan. Apr. 50 12 27 11 Jan. 25 21 28% Apr. 88 Apr. May 3 76% Feb. 3 Jan. 26 3 104 May 29 52% May 29 37 75 May 6 92% May 26 66 60 70% Jan. 12 Jan. 17 Mar. 18 Sale Apr. 66% Sale 50 May May 9 3 66% May 19 30 May 20 46 Apr. 4 Mar. 31 19 66% May 19 30 Jan. 13 3 Jan. 5 9 31 May 11 18 Apr. 17 36 Jan. May 20 May 53 May 6 88% May 17 91% May 31 38 53 May 68 Jan. 3 Mar. 30 71 Apr. 3 24 24 25 25 60 37 36 Jan. 17 Sale 28 Sale 29 38 80 Sale Sale 52 Sale 80 Sale 51% Sale 86% Sale 91% Sale 86)4 Sale 86% Sale 25% May 70 1 51 79 86% May 63 66"" Sale" 63 May 49% May 49 May 59 May 51 % May 59% May 61% May 16 71% May 31 63 May 31 64 May 31 62 May 18 49% 50% Sale Sale 53 53 Sale Sale 59 Sale 64 Sale 41)4 47)4 58)4 62)4 Sale Sale Sale Sale 71 67 4794 Sale 64% Sale 50% Sale Sale 64% May Sale 6294 Sale 44)4 Sale 49% Sale May May 56 May 66% May 64% May 68% May 56 42 % May 47 Sale Sale Sale 50 May 49% May 49% May 5194 Sale 60 Sale 24 18 50 71 64 Sale 60 Sale 101 101% Sale 100% May Sale 102% Sale 101 102 Sale 68 May May May a22% May Sale Sale Sale Sale 30 14 May 59 May 2 14 60 May 101% May 23 102% May 31 2 102% May 27 May 19 18 70 May 26 9 43 May 27 1 33 46 Sale 13 Sale 42% Sale 55% Sale 14% Sale Sale 66% Sale 74 ~" Sale 63)4 101% 57)4 81 Sale Sale Sale 45% Sale 92 Sale Sale 80 5094 Sale Sale 5 65% Jan. 56 May 24 56 May 24 40 Feb. 27 44 Apr. 3 48 Mar. 31 66% May 25 64% May 25 70 Jan. 13 Jan. 10 35% Mar. 29 59% Apr. 39 Mar. 3 39 Mar. 2 43% Apr 10 72% Feb. 27 72 Jan. 3 71% Jan. 16 63 May 31 64 May 31 62 May 18 May 18 Sale 80 89% May 49% May May 1 71% May 4 May 3 1 94 90 May 18 May 1 May May May 17 May May a30 May Sale Sale 96 Sale 98% Sale 95% May 93% Sale 97 92 75 Sale 62 Sale 75% Sale 70% Sale Sale May 61 % May 57% May 92 % May Sale 63% Sale Sale Sale 77 59 97% 65% Sale 50% Sale 100% Sale 97% May 65 Sale 63 74 Sale 74 65% Sale 50 97 45 38 35% Sale 34 Sale 42 Sale 4 4 9% May Sale 33% Sale 46% Sale Mar. Mar. Feb. 17 May 18 75% May 18 56% May 26 35 42 1961 12 May 21 May 27 Jan. 23 91 73 100)4 99% 17% Mar. 11 10 Apr. 29 10 Feb. 3 84% Jan. 5 60 Apr. 20 40 Apr. 12 37% Sale 93% Sale 55% Sale 96% Sale Jan. 13% May 24 15% May 29 1 90"" "Sale 11 75 43 33 28 89 Apr. 12% May 12 11% May 3 42% May 93 1937 1947 1956 65 5% Feb. 25 60 May 26 50 Sale Feb. n4% Jan. 20 38% Mar. 2 9 Sale 14 104 May 17 May 26 8 1 2 9% Sale 94 Feb. 103% Jan. 103 Mar. Mar. 99 100 5 86 100)4 . 100% Mar. 22 May 80% Sale 25 1 23 Mar. May 18 65% May 91 6 88% May 17 91% May 31 89 43 85)4 10 Feb. 20 Sale 36 3 70 1948 1943 Jan. 100% Jan. 23 Calif 5s. .1946 Green Mountain Pow 5s. 1948 Guantanamo Ac W Ry 6s. 1958 Guardian Investors Corp— 6s May Feb. Mar. Apr. Apr. 60 Gt West Power 1936 224,000 Hood Rubber 7s 333,000 Oct 15 1936 89,000 Houston Gulf Gas 6)4*..1943 23 18 May 24 Grand Trunk West Ry 4s 1950 193,000 Hackensack Water 5s A.. 1977 5s 1938 1,287,000 1947 429,000 Hall Printing 5)4* A 1935 184,000 Hamburg Elec Co 7s 633,000 Hamburg El Ac Und Ry 5%s'38 183,000 Hanna (The M A) Co 6s..1934 Jan. Jan. May 11 r30% May 19 Sale Grand Trunk Ry 6)4*...1936 81,000 988,000 Gulf Oil of Pa deb 5s Sinking fund deb 5s 833,000 430,000 Gulf States Utll 5s 4)4* series B 128,000 20 17 May 69 33 Grand (F At W) Properties— Conv deh 6s ...1948 29.000 68 ctfs of dep 1948 20,000 Great Northern Pow 5s.. 1935 14 31 May 29 52% May 29 60 27 133,000 5% serial notes... 1934 266,000 5% serial notes.......1935 312,000 5% serial notes 1936 103)4 29,000 Gen Pub Serv Co 5s—..1953 24 194,000 Gen Pub Utilities 6)4*.-1933 6)4* series A... ...1956 445,000 23 51,000 Gen Rayon Ltd 6s A.....1948 231,000 General Refractories 5s..1933 5s series A 17 Apr. May 21 May 38% May 45 12 2% Jan. 29 53 5s..1942 First Bohemian Glass Wka 1st 7s without warr_._1957 20,000 1931 313,000 Fisk Rubber 5 H* Certificates of deposit 642,000 8% ctfs of dep 1941 1,101,000 766,000 Florida Pow Corp 5%s A 1979 2,967,000 Florida Power At Lt 5s... 1954 9% 99% 99% 98% 102% May 25 99% May 102% May 25 9994 May May 31 31% May 2 45 73 May 16 67 May 10 67% May 5 70% May 17 May 25 60 May 25 60 Jan. 27 30% Sale Firestone T At R Cal 90 May 11 17% May 29 92 90 Jan. 9 10 12 Jan. 87 Apr. 12 Mar. 26 102 70 84% May 24 3 9 Jan. 4% Feb. 4 May 1% Feb. % Jan. 11 Jan. Feb. 63 Sale Sale 343,000 135,000 264,000 594,000 30,000 62,000 6 103% Feb. 11 100 60 Gesfuerel— 227,000 137,000 534,000 138,000 May 98% May 18 29 26 22 24 15 96% Ma* 18 103% May 17 91% Feb. 10 Sale 63 33 Firestone Cotton Mills 5s. 1948 11 Mar. a67% May 88 May Sale 39 Jan. Mar. 99 82 Gen Vending Corp— 16,000 294,000 40 Jan. 87 Gen Motors Accept Corp— 13,000 48,000 17,000 3,000 23,000 174,000 May 11 72% May 31 Jan. 4 73 79 Apr. 25 Apr. 55% Apr. 65 May 11 79 Finland Residential Mtge 316 000 106 50 45% Sale 48 177,000 30,000 Farmers Nat Mtg Inst 7s. 1963 7,000 Federal Sugar Ref 6s.... 1933 860,000 Federal Water Service 5s. 1954 9 104% Jan. Mar Apr. 88 Sale Sale Sale 1 13 92 101% 103% 104% 76% 98% 67% 76 1967 6s Jan. 90% Apr. 98)4 101 % 99% 65% 9694 Sale Sale Sale Bank Jan. 40 10-2)4 Sale Sale 84)4 Fairbanks Morse Ac Co 5s. 1942 554,000 603,000 355,000 52 45 Jan. Without warrants....... European Mtge At Inv 7s Series C 563,000 30 Mar. 21 Jan. 37 96% May 18 103% May 17 84% May 29 Sale 4 63 172,000 4 100 89% May 100% May 72 May 394 Sale 100 11% May 16 44% May 29 35 May 17 15 Jan. May 17 4 105 May May May 60 90 Apr. 21 99% May 25 May 26 56% May 16 98% May 17 91 May 101)4 May 44% May 96% May 99 50 104% Sale Sale 45 76 66,000 East Utll Associates 5s...1935 19 Sale 1,162,000 Eastern Utll invest 5s A 1954 12,000 Edison Elec 111 (Bos) 4%% *33 5s 1934 10294 Sale 1,866,000 Sale 5% notes ......1935 103 2,633,000 39 Sale 5,087,000 Elec Pow Ac Lt 59... .....2030 31,000 Elmlra Wat Lt Ac RR 5s.. 1956 83 Sale 1950 123,000 El Paso Elec 5s A 20,000 El Paso Nat Gas 6)4* A..1943 1,000 6)4*--1938 632,000 Empire Dlst Elec 5s 1952 1,881,000 Empire Oil At Refining 5 Hs '42 5)4* 92)4 101)4 106 35 4 50)4 Sale 105)4 Sale 105 Sale 6%s with warrants 1953 Erie Lighting s* ......1967 European Elec 6 Hi .1965 2,000 153,000 335,000 4 11% May 16 44% May 29 35 May 17 1 Ercole Marel Elec Mfg 65,000 200,000 100,000 5 104% Feb. 30 100 115 000 Derby Gas Ac Elec 5*-——1946 357 000 Detroit City Gas 5s B...1950 593 000 6s series A 1947 290,000 267,000 273", 606 Jan. 99% Mar. 1936 43,000 29,000 96,000 13,000 11 10 9 3 103% May 15 a4 )4 May 31 May Sale Sale Jan. 107% Jan. 99% Jan. Sale 5,000 1,315,000 1943 1943 4%*—1936 \ 47)4 4,000 Consol Publishers 279,000 225,000 Sale 5 25 warrants....1943 1st Ac coll 6s ser 3 106% Jan. Apr. 96% Apr. 89 May 97% Jan. 98 May 11 101 % May 12 May 3 100% May 15 96% May 11 May 4 101 Sale - Jan. 105 Sale Consol Gas Utilities— 143,000 249,000 1,000 . Price NEW YOEK CURT) EXCHANGE Since v MAY. PRICES IN AQQREGATE sales. May. EXCHANGE YOEK CURB NEW 50 30 42 2 1 3 3 4 10 35 May 18 89 75 Feb. 16 Apr. 21 102 58% May 19 Apr. 18 91 May 27 Apr. 25 84% May 12 91% May 24 55 Feb. 25 77 Feb. 9% May 1 9% May 18 98 May 61% May 97 May 99% May 73 May 12 29 26 22 3 45 12 Apr. 8 10% Mar. 20 Apr. 3 100% 50 66% Apr. 15 89 Apr. 27 101 93 May 3 106% 73 88% May 3 12% Apr. 19 27 8 27 11 25 24 24 26% Apr. 16 15 4 4 11 18 13 29 90% Apr. 94 May May May 79 May 61 May 98% May 61 May 55 May 34 May 46% May 29 84% May 12 91% May 24 7 May 12 101 1 94 27 May 100 May May 8 99 76% May 9 May 3 70 8 1 69% Jan. 46% May 8 96% May 15 58% May 19 91 May 27 42 May 9 May 26 May 2 May 3 May 5 May 18 May 24 May 2 18 Feb. 7 15% May 29 Feb. 9 90% Jan. 12 59 Jan. 11 92 92 50 53 6 42 12 Feb. 14 Jan. 16 Jan. 6 Jan. Jan. 6 Jan. 11 Feb. 8 May 12 May 27 2 Apr. 20 101% Feb. Mar. 3 100% Jan. Jan. Apr. 4 82 Jan. Apr. 15 74 9 5 9 Feb. 14 96 Mar. Feb. 10 49 Mar. Apr. 29 62% Apr. Jan. 10 43 Apr. Jan. 20 92 Jan. 44 Feb. Apr. 27 May 13 May 29 31% Mar. 21% Mar. 31% Mar. Jan. 18 Jan. 16 NEW YORK CURB EXCHANGE 51 PRICES IN MAY. NEW YORK CURB EXCHANGE Sine< on. ] 1933. T 278 BONDS 403 98, May I. Ask. 101 4 May 31. Ask. Bid. Bid. 91 Sale 83 Sale Sale 984 Sale Falls 1st Ac ref 5s Ref 5c 27 1947 Sale Prices. 88 Sale 594 Sale 98 43 44 1004 Sale 364 Sale 88 Sale 46 Sale May May May 1024 May 45 May 26 22 22 31 31 5 May May May May 87 100 464 Sale 99 May May May May May 43 1949 Idaho Power Co 5s Highest. Sale Prices. 83 1950 A ..1949 6s series B Lowest. Sale Prices. Sale Sale 884 1014 Improvement 5s. 1951 ser Highest Sale Prices. 45 Hungarian Ital Bank 7^s '63 Hydraulic Power of Niagara Hygrade Food 6s Lowest. Ask 84 4J^s series E 1981 Hud Bay Min Ac Smelt 6g_1935 93 270 Bid. 4hs series D—.......1978 71 221 (Continued,) Houston Lt Ac Pr 5s A...1953 252, 493 RANGE SINCE JAN. 1. Price Jan. 3 9 1034 May 23 4 1014 May 24 4 594 May 31 4 534 May 20 91 90 97 May May 4 1 5 May May May May May May May May May May May May May May May May May 2 2 2 1 25 3 2 1 1 12 1 15 2 1 1 11 1 52 854 May ,517 Illinois Cent RR 44® 1934 203 Illinois Nor Utll 5s.. 1957 Illinois Power 5s A 1933 Illinois Pow Ac L 5«s 1957 44 Sale 1954 54 Sale 594 Sale 684 Sale 59 Sale 64 Sale 57 63 54 4 Sale 594 Sale 53 4 55 May 29 694 May 29 90 May 27 40 614 852 54s series "B" ,624 ,912 6s series A .......1953 5s series C 1956 2 5s series C 68 Sale 85 49 Sale 1956 70 198 93 323 58 150 74 95 ,050 5 96 5s series C ...1951 Sale Indiana Hydro-Elec 5s A. 1958 Indiana 5c Mich El 5s 1st 5c ref 5s 1955 70 Sale 52 Sale 514 744 Sale 49 Sale 75 98 1963 ser A..1957 49 954 964 Sale 94 82 20 26 Sale Sale" ..1950 1st Hen 5c ref 5s 904 Sale Sale 20 Sale '304 Sale' 20 "924 Sale' 774 Sale 30 Sale 194 74 Indianapolis Gas 5s A...1952 Knd'poUs P 5t L 5s 534 70 1957 Indiana Service 5s 43 64 1953 Indiana Gen Service 5s..1948 202 499 583 Sale Indep Oil 8t Gas deb 6S..1939 Indiana Elec Corp 6s A..1947 64s series B 46 Sale 66 854 Sale 774 May 664 May 70 May 62 May 55 May 98 May 73 May 764 May 67 May 994 May 62 May 954 May 86 May 32 May 31 May 75 May 864 May Indianapolis Water 54s.1953 Intercontlnents Power Co— 38 Deb 6s with warrants.. 1948 4 Deb 6s without warr 1948 Int Pow Sec 64® series C.1955 7s series E ..1957 7s series F ....1952 492 448 328 245 International Salt 5s 8 Internat Securities 5s. ..1947 165 17 Without 77 85 Sale Sale 59 Sale Sale 59 Sale 534 Sale 44 894 Sale 454 Sale 86 Sale Sale 604 Sale 474 Sale 6s 655 Sale 22" 3 36 May 31 1956 51 Sale 644 Sale 47 Sale 57 Sale 51 May 1 464 May 2 53 May 16 71 May 24 67 May 2 63 May 634 May 74 May 614 May 75 May 744 May 18 65 ...1958 18 25 25 24 22 31 31 27 31 11 Invest Co of Amer 5s A...1947 1961 106 Without warrants...... 384 Iowa-Nebraska L Ac P 5s..l957 34, 461, 5s Series B 1961 (sarco Hydro-El 7s 1952 190 109 ,912, 96, 52, 143, 248, 78, 376, 392, Without 75 Sale 63 warrants Sale Sale 80 "784 Sale" 80 Sale 75 Sale 82 Sale Sale 774 Sale 764 May 1 80 47 384 May 1 474 May 31 Laughlin Steel 5s *39 Sale 40 Sale 924 Sale 1024 Sale Sale 884 Sale 95 Sale 83 Sale 90 Sale 102 Sale 71 100 Sale 101 . Jersey Cent P 5c L 5s B...1947 448 series C 1961 Kansas Gas & Elec 6s Kansas Power 5s A Sale 87 Sale 474 Sale 2022 1947 Kansas Pow Ac Lt 5s B...1957 824 Sale 1955 6s series A Kentucky Utilities 5s 734 Sale 874 Sale 1969 58 1961 59 Sale 64s series D 54« series F 924 Sale Sale 5s 1948 67 74" 1955 Klmberly Clark 5s A Sale Sale 1943 936, 575, 78, 129, Koppers Gas Ac C deb 5s.l947 Deb 54s 1950 744 Sale 77 Sale Kresge (S S) Co 5s 89 Sale Sale 75 Sale 824 Sale 349, 89, ,625, Laclede Gas Light 54s..1935 Larutan Gas Corp 64s..1935 67 Sale 734 Sale 74 Sale 74 Sale 484 Sale 634 Sale 70 Sale 96 Sale 80 Sale 61, 92, 674, 123, 84, 13, 250, 74, 117, 22, 34, 193, 8, 3, 92, 122, ,198, 5s certlfs of 1945 deposit... 1945 Lehigh Pow Secur 6s 2026 Leonard Tlets Inc 74s.. 1946 Without 85 784 Sale 824 Sale 1952 Llbby McNeill Ac Llbby 5s 1942 Lone Star Gas Corp 5s 1942 1945 Long Island Ltg 6s Conv deb 54s A 1952 Los Angeles Gas 5t Elec 5s '61 5s 1624 Sale" 54s series E Sale Louisiana Pow At Lt 5s... 1957 86 Sale 744 Sale 84 470, Manitoba Power 54o 1951 Mansfield Mln Ac Sm (Germ) 404 Sale 25 36 21, 58, 532, 627, 39, 7s with warrants 1941 7s without warranto...1941 Mass Gas Co 54s 1946 158, 1, 944 Sale Sale 80 Sale 1955 Mass Utll Assoc 5s A 1949 McCallum Hosiery 64*--1941 1st mtge 5s series F..1962 Middle Sts Petrol 64® A.1945 Middle West Utll—■ 5s ctfs of dep 5s ctfs of dep 17 1004 814 May 26 May 16 May 31 May 17 99 May 11 1004 May 25 48 May 31 Sale 1034 Sale Sale Sale Sale Sale 92 Sale ...1955 81 101 Sale Sale 64 Sale 10 12 27 27 Mar. 1 25 Mar. 24 6 May 31 May 31 Feb. 1 Jan. 4 Jan. 13 May 22 594 May 27 59 May 31 28 1054 Mar. 24 384 Apr. 8 3 52 Jan. Feb. 5 Feb. 204 Apr. 1 424 Jan. 13 91 31 744 Mar. 28 464 Apr. 24 45 Apr. 6 53 May 16 65 Mar. 31 63 Mar. 20 63 Apr. 25 634 Maj 4 74 May 8 604 Apr. 27 75 May 6 71 Apr. 24 63 Jan. 3 374 Apr. 25 61 Jan. 784 Jan. 3 26 72 Jan. 26 65 Jan. 26 75 75 Jan. 844 844 924 834 Jan. Jan. Jan. Jan. 92 Feb. 1 864 Feb. 6 80 Feb. 18 2 31 12 30 3 May 20 474 May 31 Jan. 11 304 Apr. 3 51 98 Jan. May 11 102 5 86 Apr. 27 1014 Jan. 9 804 Mar. 29 "4 Jan. 10 101 Apr. 7 104 May 23 69 65 71 83 52 Apr. 20 May 8 May 1 Apr. 7 Apr. 19 854 Jan. 80 95 Mar. 22 75 67 Apr. 21 Apr. 21 Apr. 25 93 56 Apr. 20 Mar. 2 Apr. 4 664 Mar. 28 Mar. 31 584 Jan. Apr. 56 5 1 29 May 564 Apr. 464 Mar. Feb. 744 Jan. 55 72 Jan. 894 Feb. 13 2 7 10 3 Feb. Feb. 2 804 Feb. 814 Jan 1 5 . 9 794 Jan. 31 May 29 83 96 90 Jan. 18 Jan. 23 67 May 31 93 May 25 884 Jan. 20 684 Jan. 13 Jan. 31 IV* 70 Jan. 87 80 Apr. 97 100 Feb. 86 May 17 Mar. 17 Jan. Jan. 20 25 100 Mar. 103 4 Jan. 1064 Jan. 1044 Feb. 99 Mar. 1044 Feb. 20 103 23 914 May 1004 Mar. 974 Apr. 984 May May 18 1064 Jan. 19 48 May 31 48 Jan. Feb. 10 23 6 80 364 May 16 20 484 May 50 May 874 May 83 May 804 May 19 25 31 29 1 25 May 1 484 May 16 484 May 17 79 May 1 72 May 3 80 May 4 May 954 May 964 May 75 May 88 May 42 May 29 26 29 29 17 20 11 Sale May 15 944 May 9 81 May 3 70 May 23 81 May 1 39 May 5 144 May 14 May 144 May 14 May 514 May 97 May 824 May 5 18 5 5 11 19 29 May May May 11 May 49 May 92 May 724 May 11 Sale 11 Sale 95 Sale Sale 102 Sale 101 May 1 102 59 May May May May 2 1 1 1 10 11 Sale 66 49 Sale 48 60 Sale 60 Apr. 21 46 Jan. Apr. 10 474 Apr. 18 75 Apr. 20 714 Apr. 26 54 Feb. Feb. Feb. Jan. 12 80 534 994 944 884 Feb. 14 Jan 16 Mar. 20 Jan. 16 41 84 Apr. 12 15 11 9 25 92 81 Jan. 4 May 29 954 May 26 3 103 May Apr. 24 86 Apr. 27 964 274 Mar. 15 444 Jan. 31 68 Jan 10 79 Jan. Jan. 28 11 34 Mar. 29 §1 Mar. 27 Mar. 1 Mar. 21 Feb. 25 91 Apr. 21 724 Apr. >7 May 5 18 5 5 May 11 \V* May May m May ip 90 Jan. 9 Jan. 19 MayI16 100 724 May 19 82 May 31 624 May 26 70 6 16 47 41 al5 82 11 24 1934 1978 1955 Miss Power 8c Light 5s. ..1957 834 Jan. 17 103 Feb. 21 954 Jan. 12 Sale Sale 994 13 26 13 11 6 714 Sale 40 6 40 47 964 1044 1024 1004 11 11 8 5 3 Feb. Jan. Jan. Jan. Jan. 324 Jan. 31 May May May 744 Mar. 67 80 1943 1967 Apr. 70 81 May 5 654 May 19 70 May 17 90 May 29 87 May 8 Jan. May 25 May 24 15 105 19 99 82 4 3 1 36 11 12 Mar. 16 49 May a784 May 74 May May 29 60 May 4 634 May 9 84 May 20 80 May 1 Jan. Jan. 55 Mar. i25 105 1 76 May May Apr. Apr. Apr. Apr. 14 Jan. 14 Jan. 70 72 77 May 31 May 25 May 17 724 Jan. 77 71 80 784 May 25 83 May 29 934 May 26 844 May 29 93 19 20 3 Sale 114 114 114 114 1932 Minneapolis Gen El 5s... 1934 2 17 6 13 12 Sale " Sale Minneapolis Gas Lt 44®-1950 ,ge 54 1 16 604 Jan. Jan. 874 Sale 834 Sale 72 "924 Sale" 1935 Mississippi Pow 5s Feb. Jan. 784 Feb. 3 99 Mar. 3 1024 Jan. Feb. 894 Ma) 16 102 734 May 3 944 Jan. Sale 1934 5s ctfs of dep 5s reg Minn Pow & Lt 44s 1st 8c ref 5s 98 91 91 5 1004 Feb. 27 1004 Jan. May 31 1014 May 2 894 May 16 944 May 6 734 May 3 85 May 29 804 Sale 1933 5s ctfs of dep Midland Valley RR 5s Milwaukee G L 44s 2 80 Louisville (Ky) G & E 6s A '37 Sale 255, 309, 316, 241, 136, 282, 550, Mar. Apr. 20 Apr. 17 Apr. ,18 9 4 2 1 100 984 Sale 1950 Louisville Henderson & St Louis Ry Co 5s 1946 McCord Rad & Mfg 6s 1943 Melbourne El Supp 74® A '46 Memphis P & L 5s ser A..1948 Met Edison 4s series E...1971 11 31 31 31 24 20 26 31 18 1024 Jan. 17 694 May 29 3 25 734 May 764 May 884 May 75 May Sale 1943 100 29, 106, 289, ,671, 95, 71 Sale 1024 Sale 1961 el: 27 31 16 29 23 75 May 714 May 88 May 924 May 69 May 68 May 88 May 74 May 79 May 694 May May May 874 May 574 May 58 May 744 May 62 May 72 May 65 100 100 1949 May 20 May May May May May 88 914 May 1014 May 100 May 994 May 99 May 984 May 48 May ..1947 54s series F 5 4® series 1 5s May 1 474 May 11 101 May 1 96 82 May 3 n93 1014 May 1 104 98 48 1942 44 series C 8 Apr. May 994 Apr. 38 Apr. 50 Apr. 52 Apr. Apr. May 80 1939 6s... Los Angeles Pacific 4s 40 29 warrants.. Lexington Utll 5s |3 764 Sale 1963 Jacksonville Gas 5s ..1942 Jamaica Wat Sup 54s A.1955 Jones 5c May May 614 May 71 May 72 May 804 May 80 May 82 May 75 May 79 May 834 May 59 384 Sale Italian Superpower 6s Without warrants 143, 79, 41, Sale Sale 1942 166 503 81 65 614 804 Sale Iowa Pow 5c Lt 44s A...1958 Iowa Pub Serv 5s. ..1957 Iowa Ry 5c Light 5s A.. 1945 Isotta Franchlnl 7s ,005 May 1949 5s series D. 29 130 May 12 35 34 229 56 Sale 44s series F._ Interstate Telep 5s A 200 3 24 4 1952 648 series B 281 4 33 85 52 Interstate Public Service 22 May 1957 Debenture 40 854 May IF 8 May 31 9 May 31 864 May 5 904 May 3 81. May 1 85 May 22 594 May 27 59 May 31 6 31 4 106 Jan. 26 May 4 Apr. 594 May 31 Apr. 11 534 May 20 98 103 1957 5s reg 802 Sale 50 May 17 May 31 May 22 82 May 8 70 May 5 764 May 1 47 May 2 39 May 2 Jan. Jan. 9 Jan. 9 May 31 May 31 994 Apr. 25 1074 Jan. 41 15 18 18 17 25 24 29 15 62 24 16 98 49 19 31 94 17 80 26 14 11 124 31 65 25 1014 734 warrants Interstate Power 5s 1 5 9 82 81 Interstate Iron 5t St'l 54s '46 InterstateNat Gas 6s 1936 ,363 Sale 40 Sale Sale 1951 554 Sale 9 87 95 88 May 5 104 784 Apr. 26 964 794 Apr. 21 964 77 Mar. 15 1024 354 Feb. 24 45 May 19 6 Mar, 2 1034 Feb. 994 Apr. 24 Apr. 24 Jan. 12 57 Apr. 26 IF 66 44 50 1 May 5 Apr. Apr. 20 87 Jan. 14 734 Jan. 12 Jan. 12 83 CURB EXCHANGE YORK NEW 52 RANGE SINCE JAN. 1. PRICES IN MAY. AGGREGATE SALES. In Price CURB EXCHANGE Since May. NEW YORK Jan. 3 Jan. 1. Ask BONDS (Continued) $ 1944 132,000 Miss River Fuel 68 Without warrants 66,000 1951 104 4 Sale 491,000 Miss River Power 5s 86 Sale 1955 103,000 Missouri P & L 54» A 300,000 Missouri Pub Serv 5s A--1947 Monongahela West Penn Pub Service 5 Ha B 1953 582.000 84,000 Montana Dakota Pow 54s '34 944 Sale Montreal L H & P 5s "A". 1951 1,576,000 934 Sale 5s series B 1970 505,000 Munson Steamship Line 10 Sale (Hi with warr 1937 270,000 $ 84,000 18,000 81,000 25,000 125,000 180,000 21,000 216,000 85,000 146,000 Narragansett ElecCo 5s__1957 Sale 1024 Sale 85 Sale 53 Sale 69 Sale Sale Sale 29 88 88 914 914 Sale Sale Sale 14 Sale 104 Sale 29 874 May 96 Sale Sale 97 Sale 984 Sale 994 Sale 67 Sale 74 574 144 Sale Sale Sale 634 Sale 174 Sale 664 May 564 May 14 May 5% gold notes...May 11935 350,000 2022 68,000 Nebraska Power 6s 44a 1981 324,100 Nelsner Bros Realty 6s.. 1948 354,000 64 Sale Nevada Calif Elec 5s —1956 1,031,000 101 Sale 181,000 New Amsterdam Gas 5s_.1948 554 Sale New Eng G & Elec Assn 5sl947 1,897,000 5s 1948 465,000 Sale 55 £ Conv deb 5s 1950 2,164,000 564 Sale New Engl Pow Assn 5s—1948 1,358,000 Sale 5s.... .......1951 103 61,000 oi 57 H Sale Deb 54a 1954 1,554,000 57 4 Sale New Orleans Pub Serv 4H»'35 2 838,000 6s series A 1949 173,000 82 Sale N Y Cent Elec 54a 1950 46,000 2026 2030 D„.1978 '61 % Sale 17 4 Sale 9,000 33,000 492,000 211,000 20,000 39,666 59,000 36,000 120,000 i"o",666 53,000 38,000 672,000 90,000 39,000 133,000 70,000 95,000 138,000 65,000 36,000 230,000 38,000 2,000 7,000 6,000 88,000 17,000 287,000 i7i",666 163,000 1,000 12,000 58,000 33,000 178,000 36,000 67:6oo 1,000 43,000 Sale 80 2 1 1 69 19 84 200,000 46 Sale 22 57 Sale 594 Sale 55 May 90 May May May May May May May May May May 44 45 a44 Sale Sale Sale 474 Sale 494 Sale 334 434 444 Sale Sale 50 50 494 Sale 554 Sale a44 464 994 494 474 604 Sale 504 Sale 33 Sale 624 # 60 894 Sale Sale 87 Sale 694 814 Sale 89 Sale 904 Sale 79 Sale 87 45"" Sale' 764 Sale Sale 25 Sale Sale 24 Sale 86 Sale 63 Sale 514 Sale Sale 72 Sale Sale 94 Sale 1940 1961 87 Sale 94 Sale 324 354 864 774 774 Sale Sale Sale Sale Sale Sale 92 78 May May 974 May 434 May 105 1054 Sale Sale 221,000 1,737,000 notes. _ 44a 4 Ha series 1,143,000 1956 D 2024 Deb 6s 34,000 Ohio Public Serv 6s C 1953 86,000 5s series D—...... 1954 254,000 54» series E 1961 109,000 Oklahoma Gas & El 5s 1950 910,000 6s series A 1940 233,000 68 series A reg ..1940 2,000 265,000 Okla Pow 8c Water 5s A—1948 1938 1,000 Osgood Co 6s w w .1941 235,000 Oswego Falls Co 6s 36,000 1.593,000 464,000 1,034,000 83,000 1,000 281,000 150,000 13,000 3,000 262,000 3,000 181,000 51,000 1,174,000 560,000 108,000 38,000 909,000 42,000 2,000 9,000 ,68,000 584 Sale 100 964 Sale Sale 1024 Sale 964 Sale 954 Sale 874 636,000 584 Sale Sale Sale Sale 854 Sale 474 Sale Sale 514 Sale 52 " Sale 994 1104 994 Sale Sale Sale Sale Sale Sale 664 1960 F... Sale 884 1054 994 964 884 Sale Pacific Power 8c Light 5s. 1955 Corp of Louis is '38 Park 8c Tilford 6s 1936 Penn Cent Lt 8c Pow 44» 1977 81 55~" 73 Sale 64 Sale 814 May 25 16 Sale 82 .1949 6% ctfs of deposit 143,000 38,000 381,000 162,000 112,000 147,000 41,000 55 Sale — 816,000 Peoples Gas Lt 8t Coke 4s B'81 44 % serial notes......1934 105,000 4.4% serial notes .1935 7,000 44% serial notes .1936 14,000 68 series C ...1957 2,274,000 209,000 Peoples Lt 8fc Pow 5s..-.1979 1966 447,000 Phlla Electric Co 5s 1972 940,000 Phila Elec Power 5 4» 77,000 Phlla Rapid Transit 6s..1962 64 4 534 Sale 884 Sale 99 Sale Sale 604 Sale Sale Sale "904 Sale" 95 Sale 1014 Sale loi"" Sale" 64s class A 1960 858,000 134,000 Piedmont 8t Northern 5s_1954 1949 104,000 Pittsburgh Coal 6s 151,000 Pittsburgh Steel 6s—...1948 189,000 Pomerania Elec Co 6s.... 1953 43,000 9,000 97,000 33,000 ...1939 141,000 Poor 8c Co 6s 94,000 Portland Gas 8c Coke 5s. 1940 383,000 Potomac Edison 5s ser E_ 1956 44s series F -1961 150,000 19,000 T 92,000 1,000 Potomac Elec Power 5s Potrero Sugar 1st footnotes see page 54. 7s 1936 .1947 Jan. 99 Jan. 24 914 Jan. 28 105 Jan. 19 106 Feb. 12 12 14 974 Jan. 10 7 Apr. 10 92 Feb. 7 May 214 Apr. 1 91 Jan. 24 3 46 Jan. 13 13 8 364 Jan. 22 May 784 May 13 1024 Feb. 10 3 594 Apr. 21 904 Feb. 17 91 Feb. 7 25 854 Jan. 27 9 80 Apr. Apr. Apr. 77 May 70 Mar. 31 92 Jan. 28 75 Apr. 20 974 Jan. 9 59 54 5 103 4 Jan. 2 1004 Jan. May 31 Jan. 9 93 144 Jan. 13 May 12 Jan. 10 Feb. 2 Feb. Feb. 10 11 t!k 10»lH Apr. Apr. Apr. 55 85 75 95 1074 Sale 105 Sale 103 Sale 104 Sale 100 1684 Sale" 974 Sale 24 Sale 1074 Sale Sale 904 14 Sale Sale Jan. 6 12 11 97 Jan. 26 954 Jan. 14 Mar. 894 Jan. 70 Apr. 91 35 May May May May May May 29 31 27 31 27 744 May 29 May 5 634 May 18 704 May 13 85 May 31 464 May 22 754 May 29 78 May 17 96 914 784 764 594 254 794 Ma> 864 Apr. Sale Sale Sale Sale Sale Apr. 26 764 Jan. 1084 Feb. May 714 Jan. Apr. 704 May 574 Apr. 884 Feb. 794 Apr. 42 464 May Apr. 60 804 Feb. Apr. 90 Feb. 76 May 64 103 48 Sale Sale 6 16 8 12 13 8 22 1 6 53 1 64 May May May May May May May May May 19 16 26 1 22 26 3 1 15 4 804 May 18 May 25 3 100 984 May 29 34 May 20 108 May 29 1054 May 12 52 May 29 May 1024 May 434 May 954 May 100 May 100 May 27 May 5 654 May 9 704 May 29 May 4 80 1 86 47 28 82 74 65 9 11 71 4 May 103 Sale 6 344 Mar. 18 May 66 67 12 Mar. 344 Mar. 21 824 May Sale 8 Jan. Jan. Jan. Jan. Jan, 1014 3 1124 984 Apr. 20 1064 944 May 5 1054 86 Mar. 31 1014 101 30 29 May May 90 784 Sale 354 Sale Feb. May 29 30 May 4 95 97 May 9 994 6 83 4 814 May 73 May 18 764 93 90 May 31 94 May 11 96 May 1 1064 101 67 Sale 47"~ Sale' "954 70 Sale 66 55 674 70 824 Jan. 93 Mar. 764 Feb. Mar. 254 May 36 Apr. Jan. 53 704 Apr. 63 13 9 13 Jan. 23 Feb. 1 Jan. 4 Feb. 344 May 3 344 May 16 664 May 19 534 May 100 65 5 Jan. 1044 Jan. 994 Jan. Jan. 904 May 81 Apr. Jan. 5 Mar. 3 514 Apr. 27 824 Sale 784 Sale 74 65 1034 Sale 102 May 1 May 17 May 1 May 11 May 1 May 1 May May 29 May 19 79 May 26 364 May 27 67 May 2§ 88 May 26 83 May 24 79 May 22 3 1034 May 31 744 Jan. 12 23 Jan. 25 76 Feb. 9 Jan. 31 104 Jan. 13 100 Jan. 3 93 974 Feb. 16 83 Jan. 944 May 11 101 994 Feb. 24 108 Jan. 24 70 Apr. Apr. Apr. Mar. Apr. Apr. 90 Mar. 28 45 85 96 81 4 25 29 24 28 934 1004 1004 1014 1064 66 Apr. 974 Mar. 95 Sale 12 91 834 Jan. 824 May §64 Apr. 105 25 12 May 10 60 98 let 8c refunding 44s..1957 149,000 29,000 Phila Suburb Water 5s—1955 Piedmont Hydro-Electric Co 202,000 39,000 20,000 83,000 69,000 95 20 May 103 Phila Suburb Cos G 8c B 42,000 1,000 21 3 784 Mar. Apr. 95 May 71 884 Sale 3 15 60 64 85 984 834 12 12 Jan. 82 78 944 1074 1054 1014 1950 70 Sale Without warrants 364,000 54a series B 1959 204,000 564,000 Penn-Ohio P & L 5 4s A.1954 1014 Sale ..1956 1004 Sale 433,000 Penn Power Co 5s 984 Sale 1947 111,000 Penn Pub Serv 6s C Sale 90 " ■ 5s series D 1954 49,000 Sale 95 Penn Telep Corp 5s C 1960 64,000 Sale 453,000 Penn Water 8c Pow 44a_.1968 100 5s 1940 1054 Sale 274,000 11 Jan. 65 75 80 344 May 3 344 May 19 55 May 1 Sale Penn Electric 4s series F.1971 Penn-Ohio Edison 6s 80,000 78,000 103,000 124,000 8,000 8,000 7,000 102,000 86,000 30 12 6 554 May 15 254 May 29 53 May 31 46 4 May 64 May 76 1949 11 Feb. 27 29 31 29 25 May May May 81 May 87 May 124 May 80 Penn Dock 8c Warehouse Co 68 without warrants 12 494 Jan. 10 Apr. May 88 Apr. 82 Apr. 684 Apr. 80 Apr. 100 Apr. 82 Apr. Jan. 654 Jan. 254 Apr. 13 624 May 24 78 May May May May May 63 Sale 18 624 Jan. Mar. 31 May 27 88 May 10 54 Sale 24 3 105 May 934 May 17 May May May May Jan. 594 Jan. Mar. 31 134 May 12 May 27 904 May 23 904 May 15 254 May 29 404 May 1044 984 944 874 9 26 60 3 6 384 Apr. 374 Apr. 68 May 6 Jan. Jan. 27 6 3 1084 Jan. 104 Mar. 29 Jan. 24 97 Apr. 21 106 26 354 Feb. 21 534 May 13 13 994 Mar. 22 1004 Jan. 10 864 Apr. 25 964 Jan. 24 May 25 May May May May 99 45 Jan. 4 97 May 17 834 Jan. 80 Apr. 27 984 Jan. 11 894 Apr. 26 1014 Jan. 11 5 494 May 24 17 Apr. 474 Apr. 20 694 Jan. 12 5 89 Apr. 18 1024 Jan. 3 594 Jan. 12 37 Apr. 91 904 May 854 May 78 May 77 May 70 May 704 May 704 May 65 May 6 Jan. 234 Jan. 114 Mar. 28 24 4 29 13 17 29 May 19 74 Mar. 31 41 May 31 824 May 3 14 May 31 854 May 1 824 May 3 104 May 10 12 May 12 584 May 1 86 4 May 804 May 614 1979 5s Feb 8 944 May 2 1034 96 Apr. 20 103 984 Jan4 101 85 50 Mar. 31 88 May 65 754 Sale 25 26 864 May 31 87 May 23 85 Sale Sale 964 Jan. §54 Jan. 73 70 654 Sale Pacific Western Oil 6 4s. 1943 Palmer 27 28 74 68 103 1942 5s Feb. 82 35 A...1948 Without warrants Jan. Feb. 27 84 May 26 824 May 27 May 12 354 May 31 884 May 27 774 May 31 774 May 31 70 May 27 924 May 29 88 May 25 88 1064 Sale 1044 Sale 1014 Sale 934 Sale 50 25 10 95 794 May 22 105 —....1941 Pacific Ltg 8c Pow 72 404 1955 44«-1957 Pacific Investing 5s 854 Sale 964 Sale 91 Sale Sale 1952 1st 8c ref 44a §34 Sale 874 Sale 81 Sale 1st & ret 5s D 1,613,000 Sale Sale 1st 8c ref 5HsC 1st & ret 6s B 814 85~~ Sale Sale 1064 Sale Pacific Gas at El 1st Sale 1940 Pacific Coast Power 5s 120,000 298,000 347,000 Sale 91 14" 854 Sale 12 Sale Jan. 884 May 3 764 May 1 68 May 1 24 May 1 22 May 8 784 May 13 62 May 664 May 574 May 84 4 May 77 May North Texas Utilities— 7s without warrants...1935 152,000 Northwest Electric 6s 1935 41,000 46,000 Northwest Pow 6s A..—.I960 68 A crfs of dep ..I960 15,000 308,000 Nor'weat Pub Serv 5s A—1957 1945 209,000 Ogden Gas Co 5s.. Ohio Edison Co 5s 1960 2,185,000 5s new 1960 241,000 Ohio Power 5s series B 1952 487,000 3,000 462,000 138,000 289,000 129,000 188,000 824 Sale 854 Sale 864 Sale 6 76 29 22 6 5 6 18 3 18 12 8 26 May 904 1054 3 1014 534 1 Nor States Power 5 4% Jan. 5 18 31 23 944 May 914 May 804 May 93 May May 15 May 8 854 May 3 69 May 1 81 May 1 Sale Sale Sale Sale 65 89 944 Sale Sale 1956 Nor Ohio Trac 8c Lt 5s May Sale N Y Ac Foreign Invest 5H* A with warrants.. 1948 74,000 N Y Pa & Ohio RR 4M!s—1935 147,000 964 N Y P at L Corp 1st 4*8-1967 3,861,000 88 N Y State E 8c G 44« 1980 2,233,000 99 54s 1962 190,000 N Y & Westchester Ltg 5s '54 68,000 96 4s 2004 230,000 106 % 354,000 Niagara Fails Power 6s..1950 5s series A 1959 386,000 543,000 Nippon Elec Pow 6 His—1953 Nor Amer L & P 5% notes *33 25,000 Serial 5% notes.. 1934 51,000 Serial 5% notes.......1935 151,000 Serial 5% notes ..1936 191,000 404 54a s f deb ser A 1956 2,216,000 34 Nor Cont Utii 5 4s A 1948 260,000 Nor Indiana G&E 6s 1952 193,000 Nor Ind Pub Serv 5s 1966 406,000 58 series D 1969 340,000 784 4Hs E 1970 265,000 Nor Ohio P 5c L5Hs 1951 1004 501,000 May 22 65 Apr. Apr. May 18 May 17 May 13 874 May 97 May 494 May 604 May May May 53 May 53 May 2564 May 994 May 624 May 53 May 424 May 70 May May 89 374 Apr. 25 May 17 97 894 May 964 Sale 874 Sale 96 Sale 27 31 25 31 48 78 May 19 National Tea Co— 90 79 98 994 May 15 994 May 25 944 May 96 May 90 May 23 Feb. 21 884 May 23 6 May z 1054 Jan. Mar. 15 Apr. 29 93 Mar. 30 79 May 23 May 22 May 23 May 31 May May May May May' 2 10' Highest. Sale Prices. May 23 16 May May a87 Prices 694 424 934 914 564 May Sale 42 4 80 39 5s. 1945 Nat Pow & Lt 6s' * A" Deb 5s series B Nat Pub Serv 5s C O Sale Sale 169,000 27,000 22,000 197,000 272,000 44,000 244,000 114,000 659,000 572.000 18,000 488.001 284,001 87,000 12,000 Nassau & Suffolk Ltg 80 404 98 102 234,000 486,000 375:666 1957 5s series B 85 1024 1,110,000 375,000 37,000 1,079,000 1,505,000 1,860,000 248,000 94,000 90 May 1 May 10 884 May 2 103 85 May 1 May 2 53 85 Sale 85 Lowest. Sale Prices. Highest. Sale Sale Prices. Ask. Ask. Bid. Bid. Lowest. May 31. May 1. 1933. Did. Mar. 874 Apr. 4 Apr. 103 May 1014 Mar. 434 May 95 95 May 9 Jan. 12 Feb. 14 Jan. 5 Feb. 4 Jan. 4 May 20 n3o^ Jan. 108 Feb. 7 604 Jan. 13 5 8 1044 Jan. 11 Jan. 26 Mar. 30 1044 65 Jan. 604 Apr. 82 Apr. 634 Feb. 28 May 44 Apr. 82 May 74 Apr. 65 May 102 5 Jan. Apr. 24 84 Feb. 24 764 Jan. 23 80 May 29 9 89 Jan. 79 May 26 Jan. 13 67 May 29 1004 Jan. 24 894 Jan. 12 Jan. 24 Feb. 18 24 864 ioag Feb. June, 1933.] NEW YOEK CURB EXCHANGE AGGREGATE SALES, In May. % Jan. 3 1933. Power Corp of Bid. May 1. Ask. Bid. May 31. Ask. Bid. Can 44 s B 1959 Sale 58 Sale 6 4* serlei A ...1942 Power Securities Corp 6s. 1949 Prussian Elec 6s__ .......1954 1044 Sale 594 Sale 464 Sale 984 Sale 104 Sale Sale 52 Pub Serv of N H 44* B..1957 329,000 255,000 746,000 234,000 411,000 1,533,000 1,853,000 1,105,000 447,000 180,000 569,000 1,858,000 538,000 1,712.000 81,000 11,000 4,000 6% perpetual certificates Pub Serr of Nor Ills 5s C.1966 5s-..-.-.——.——..1956 i4* series G..........1937 64s series H 1952 11654 Sale 954 Sale 97 h Sale 1054 Sale 1961 644 Sale 614 Sale 604 Sale 1950 1950 6,000 Sale 89 72 Sale 714 May Sale Sale Sale 914 Sale Sale 494 Sale 524 Sale 484 61 61 Sale" Sale Sale 163,000 Rochester Ry Ac Lt 5s....1954 17,000 Rochester Tel 414* C 1953 1,736,000 Ruhr Gas Co 614s.. 1953 237,000 Ruhr Housing 614* A 1958 58,000 Ryerson (Jos T) Ac Sons <»1943 67,000 1,000 352,000 117,000 744,000 St Louts Gas Ac Coke 6s.. 1947 1,086,000 Safe Harbor Water Pr 414* '79 3,000 414* reg... ..1979 64,660 295,000 San 16,000 18,000 24,000 39,000 804 May 31 754 May 18 884 May 3 55 514* series D 1960 San Joaquin L Ac P 6e B..1952 5s series D 112,000 ...1957 1955 196,000 Sauda Falls Co 5s 71,000 599,000 6s... 1937 3,000 Schulte Real Est Co 6s...1935 148,000 6s without warrants...1935 163,000 Scrlpps (E W) Co 514s, 1943 438,000 Seattle Ltg Co 5s........1949 25,000 Serrel Inc 5t............1948 564 Sale 55 .. . 184 Sale 144 Sale 324 Sale Sale 434 Sale Sale 1034 Sale 39 Sale Sale 12 Sale 924 Sale 97 Sale 8 1014 Sale 103 Sale 60 1004 Sale Sale 25", 000 78,000 139,000 10,000 363,000 245,000 324,000 215,000 18,000 48,000 21,000 762,000 277,000 87,000 149,000 156,000 76,000 11,000 6,000 34,000 1,855,000 893,000 884,000 1,015,000 54,000 122,000 135,000 2,943,000 1,230,000 475,000 548,000 806,000 199,000 81,000 79,000 236,000 17,000 63,000 14,000 89,000 119,000 304,000 10,000 61,000 531,000 250,000 955,000 77,000 17,000 102,000 515,000 170,000 Shawlnigaa W Ac P 414s. .1967 414s series B .1968 123,000 41,000 111,000 72,000 194,000 9,000 30,000 289,000 306,000 437,000 86,000 364,000 424,000 471,000 373,000 33,000 5,000 609,000 140,000 1,412,000 414s series D 1970 564 Sale Southern Calif Edison 5s 1951 General 5s...... ...1939 Refunding mtge 5s....1952 Ref Mtge 5s 1954 Sou Calif Gas Corp 5S-.-1937 Sou Calif Gas Co 5s 1957 514s Series B 132,000 17,000 386,000 119,000 343,000 10,000 164,000 52,000 of California 414s Gas Co 614* Without Sale 614 Sale 65 Sale 69 58 Sale Sale 304 Sale 614 Sale 40"" Sale' 61 694 Sale 104 Sale 1064 Sale 1014 Sale 1044 Sale 59"" Sale' 95 Sale 1014 Sale 94 4 Sale 954 Sale Sale Sale 644 Sale 1004 Sale 1054 Sale 101 Sale 1004 Sale 1968 Southern Ind G Ac E 514*-1957 Southern Indiana Ry 4s. 1951 Southern Nat Gas 6s....1944 Stamped 1044 Sale 38 Sale 102 Sale Sale 424 Sale Sale Sale Sale 62 544 49 Sale 47 1944 45 So'west Assoc Tel 5s A...1961 Ac E 5s.. 1957 58 series B Southwestern L Ac P 5s..1957 Southwest Nat Gas 6s...1945 Southwestern P Ac L 4s..2022 Southwest Pub Serr 6s A. 1945 Sale warr warrants.. .1939 78 65 Sale 504 Sale 33 Sale 43 334 Sale Sale 59 Sale 59 Sale 49 Sale 1940 1961 1968 1940 1944 May 15 May 27 864 May 26 5 1004 May 1 484 Sale 484 Sale 374 Sale 374 Sale 68 10sl* 894 97 85 May 2 Sale 36 May May 674 May 61 2 1 5 504 May 1 314 May 1 May 1 64 May 22 77 May 1 63 Sale 48 4 474 Sale 47 Sale 374 374 63 64 364 Sale 454 Sale 364 314 Sale 10 Sale 23 Sale 10 564 Sale 534 Sale 41 Sale 374 Sale May May May May May May May May 101 1004 Sale 85 Sale Sale 69 102 Sale Sale Sale 96"" Sale" '884 Sale' 78 944 1024 Sale 59 Sale Sale 92 Sale Sale 994 Sale 704 Sale 974 Sale 1024 Sale 704 Sale 794 Sale Sale 63 70 Jan. Jan. 98 Jan. 30 13 105 Jan. 9 47 8 May 16 Mar. 22 94 79 May May Apr. May Apr. 75 Apr. 29 94 Sale Sale Sale Sale Sale 77 994 Jan. Sale 80 984 Sale a45 564 Sale 824 Sale 91 Sale 82 4 May 874 Sale 68"" Sale" 5s A. ..1979 Toledo Edison Co— 508,000 423,000 4,649,000 1st mtge gold 5s 1962 920,000 Twin City Rap Tr 514s A. 1952 192,000 3,000 69,000 842,000 CJlen At Co 6s.....1944 21,000 Union Amer Invest 5s A.1948 178,000 Union Atlantic 414s 1937 97 Sale 314 Sale 15 77 Sale Sale 21 Sale 224 Sale Union E'lectric Lt Ac Pow (Mo) 5s series A 1954 .1950 534 784 224 834 76 984 444 58 May 24 May 29 May May May May May May May May May 1 29 18 29 29 19 31 27 23 34 9 98 974 May 884 May 924 May 96 May 2 103 944 1014 96 Sale 994 Sale Sale Sale' Jan. 924 Jan. 1 26 Mar. 15 Apr. 35 Mar. 30 5 554 Apr. 15 694 Mar. 24 35 Apr. 1 284 Apr. 6 284 Apr. 8 63 Apr. 28 61 Apr. 21 264 Apr. 10 10 Apr. 28 56 19 Jan. 5 May 27 May 23 May 22 Jan. 26 Jan. 17 13 12 Jan. 70 Jan. 12 43 May 23 634 May 17 69 Jan. 10 85 May 17 644 Jan. 12 12 534 Jan. 12 71 May 29 684 Feb. 3 504 May 17 324 Jan. 6 Jan. 65 594 Jan. 1024 Jan. Feb. 101.4 Jan. Mar. 69 46 100 834 934 824 98 1034 1064 1084 12 4 4 9 Feb. 7 Jan. 12 12 Jan. Jan. 13 May 23 Feb. 3 Jan. Feb. 31 6 May 3 Apr. 20 954 Jan. 11 94 Jan. 13 Jan. Feb. 814 Feb. 2 964 Apr. 96 May 101 Apr. 63 11 Jan. 534 Jan. 66 Apr. 294 May 994 Apr. 60 10 Jan. 824 Jan. 82 11 26 11 66 Apr. 114 Feb. 70 Apr. 66 Apr. 90 Apr. 264 Apr. 444 Apr. Jan. 13 57 Jan. 11 90 224 May, 29 92 Jan. 24 824 Jan. 10 Jan. 12 104 444 May 27 69 Jan. 12 15 Jan. 3 34 May 31 724 Mar. 16 784 May 27 92 Jan. 16 Apr. 25 100 1 3 Sale Sale 5 32 70 29 31 804 Apr. 20 20 Apr. 25 204 May 904 924 Mar. 15 87 12 12 12 12 924 May 24 344 May 27 224 May 74 May 95 May Sale 60 90 10 16 11 1 1 304 Sale iol*" Sale" Sale 184 714 684 924 81 34 103 1957 1967 Sale w* 66 Mar. 30 954 Apr. Apr. 764 May 59 May May 6 May 13 May 2 Sale Sale Sale Apr. 1§ 29 31 27 23 24 102 May 24 1044 May 24 Jan. 95 35 60 504 May Jan. 103 32 l9 Jan 4 96 914 Jan. 98 Apr. 21 105] 34 Apr. 17 49] 39 7 57 Apr. 7 59 394 Apr. 7 102 914 Apr. 4 26 10 20 75 93 47 87 17 May 31 20 1054 Jan. 11 Jan. 12 108 1054 Jan. 11 1054 Jan. 10 89 Fen. 6 Feb. 85 65 Jan. 66 82 4 Jan. May 72 504 Jan. mJan. May 8* May 944 Apr. 94 724 Feb. Jan. 474 Mar. 101 17 674 Jan. 11 84 Feb. 4 10 May 26 65 64 Mar. 29 29 13 12 29 26 17 3 6 May May May 29 23 17 17 May 634 May 674 May 85 May May 40 May 1024 May 1004 May 99 May 71 May 85 May 72 May 98 May 1034 May May 1004 May 96 May 60 May 764 May 59 May 92 May 99 May 96 May 103 May Sale 68 43 6 107 44 100 80 Sale May 19 784 May 31 78 May 29 9 21 106 May May May May 71 May 67 May 504 May 25 May May 294 May 73 89 49 634 634 514 514 37 36 o31 804 May 16 924 May 2 944 May 24 100 May 1 1024 May 24 41 May 10 49 4 May 27 44 57 May 1 May 23 47 59 May 1 May 22 11 Mar. Apr. 704 Jan. 924 May 774 May 974 Mar. 99 48 1054 1014 23 7 Apr. 3 164 Jan. 90 Jan. Apr. 21 102 1014 Jan. 6 1014 Jan. 65 May 3 834 Jan. Feb. ...........1937 54 Jan. May 234 May 804 Mar. Apr. 135,000 Thermoid Co 6s with warrl934 ee page Ifi 23 102 Jan. 1084 Feb. 65 II* 25 31 23 May 25 11 4 100 Jan. 28 67 Jan. 12 604 Jan. 12 85 Jan. 26 Mar. Mar. 784 Jan. ill Mar. Apr. May May May May a31 May 464 May For footnotes 13 25 100 Apr. 40 61 Jan. Jan. Jan. 13 194 Feb. 20 57 48 2022 448 85 May 11 87 884 May 3 100 50 Sale Sale 1956 Texas Cities Gas 5s 1948 Texas Elec Service 5s.... 1960 Texas Gas Utilities 6s 1945 Texas Power At Lt 5s 1956 5s series B Union Gulf Corp 5s Mar. Apr. 25 49 Sale , 40 17 17 29 17 29 31 29 17 27 26 26 27 27 18 13 27 64 May May 634 May 58 May 70 May 28 May 53 May 584 May 94 May 1014 May 94 4 May 94 May 72 May 86 May 94 May 80 May 4 71 72 May May May May May May May May May May May May May May May May 63 57 12 16 12 77 Feb. 11 804 Jan. 11 674 Jan. 11 66 Jan. 13 63 Jan. 11 7 Apr. 21 584 Apr. 3 30 Apr. 11 494 Jan. 24 58 9 17 Feb. 754 Jan. 26 29 16 11 65 11 11 12 12 Jan. Jan. 100 May May May May 73 93,000 1,405,000 224,000 1,299,000 92 93 10 45 Jan. 1074 Jan, 66 May 5 May 2 324 May 1 594 May 10 774 534 774 224 824 281,000 Tide Water Power Apr. Apr. Apr. Apr. Apr. Apr. Apr. 42 Apr. 47 Apr. 454 Apr. 61 63 63 1954 8 without warrants. 1953 58. 96 5 43 1957 t970 Ternl Hydro-Electric Co— 6s.....^ 60 604 804 754 544 524 May 12 674 Sale 424 Sale 604 Sale 68"" Sale" a45 ...1934 249,000 fenn Elec Power 5s 170,000 Tenn Pub Serv 5s Sale "674 Sale of 111 414s..1970 107,000 6s 494,000 44s 815,000 Swift Ac Co 5s 5s 646,000 133,000 Syracuse Ltg 5s B— 1st Ac ref 514s 230,000 784 Sale 1942 Standard Gas Ac Elec 6S..1935 614 77 1957 Stlnnes (Hugo) Corp 7s Oct I '36 without 464 May 24 May 24 85 May 3 May 15 102 May 16 70 954 Feb. 10 119 Jan. 98 Jan. 1004 Jan. 904 Jan. Mar. 54 75 Southern Pub Utll 5s_..„1943 Southwestern G 60 1935 warr .........i— 94,000 Sun Pipe Line 5s._ 139,000 13,000 191,000 34,000 299,000 62 574 Sale ...1961 Southern Counties Gas 504,000 Super Power 804,000 126,000 1,428,000 466,000 1,741,000 17,000 466,000 Sale' Sale 1034 Apr. 61 Apr. 8 1st Ac ref 414s 7s 1946 without 1,143,000 355,000 Sun Oil 514s 74,000 5% notes..... 116,000 26,000 Sale Sale 1952 961,000 Cony 6s.....;,...i.^.*19J5 6s 1,432,000 1951 6s 1,075,000 ....1966 120,000 Standard Invest 5 "4* 1939 5s without warrants 25,000 1937 1,664,000 Stand Power Ac Lt 6s....1957 290,000 Standard Telep 514* A...1943 1,111,000 Sale Sheffield Steel 514* 1948 Sheridan Wyo Coal 6s...1947 Sou Carolina Power 5s..1957 2025 "59 47 70 68 174,000 Stale? (A E) Mfg 6s... 134,000 182,000 118,000 4,000 17,000 106,000 22,000 76,000 164,000 133,000 16,000 169,000 574 Sale 584 Sale 1970 Southern 34",000 324 5s series C Southeast P Ac L 6s 9 Sale Sale "65" 84 51 19 4 60 774 May 27 984 May Saxon Public Works— 23 63 3 1 434 Apr. 85 Apr. May 18 164 May 8 984 May 15 77 4 May Jan. Apr. 21 664 Jan. 13 984 May 2 1054 Feb. 3 May Apr. Apr. 2 1 92 y\ 924 May 60 994 Feb. 15 44 50 74 May 924 May 102 924 Sale Apr. 3 52 Apr. 11 804 May 9 55 14 18 27 25 11 13 35 San Diego Cons G Ac E— 23 May 29 354 May 16 234 May 17 85 May 3 May Highest. Sale Prices. 52 May 25 May May May May May 65 324 Sale .1958 — May 18 May 18 55 al4 19 May 2 14 194 May 3 324 May 444 1 1004 May 8 1034 55 al03 149,000 72,000 Ant Pub Serr 5s l9 27 31 18 50 Radlo-Kelth-Orpheum— Deb 6s full paid 1941 With warrants 22,000 184,000 Republic Gas Corp 6s A..1945 al54 Sale 241,000 6s A ctfs of deposit....1945 502,000 Rochester Cent Pow 5s A 1953 293",000 10 27 26 31 13 15 13 11 27 27 3 72 May 11 884 May 3 Reliance Management 5s. 1954 5,000 42,000 125,000 105,000 37,000 May May 844 May 76 May 75 May 76 May 974 May 92 May 73 May 73 May 64 May 624 May 594 May 57 May May 594 Sale 544 Sale Sale 96 Sale L10 82 1054 May 714 May 63 May 66 May 644 May 89 May 834 May 61 May 594 May 484 May 52 May 514 May 484 May 75 73 73 Sale Sale 184,000 Quebec Power 5s 1968 30,000 Queens Boro G 8c E 514*. 1952 52,000 414s........— -1958 5,000 81 614 Sale 73 ...... 66 63 Puget Sound P & L 514s. 1949 5s series C 834 Sale 844 Sale Pub Serr Subsld 54s A..1949 414s series D 1084 Sale 724 Sale 734 Sale 67 854 Sale Pub Serr of Okla 5s D...1957 5s series C 1054 Sale Lowest Sale Prices. Prices May May 25 May May 15 May 2 May May 29 May May al044May 20 May 16 55 May 20 May 27 864 May 16 88 804 Sale 4^s series D..........1978 44s series E._ 1980 414a series F— 1981 Highest. Sale 52 60 85 60 Sale Prices 42 "57" Power Corp of N V 5HI..I947 Procter & Gamble 4 4s..1947 Lowest. Ask. Pub Service Co of N J— 59,000 96,000 116,000 50,000 92,000 238,000 644,000 118,000 139,000 68,000 147,000 410,000 160,000 572,000 RANGE SINCE JAN. 1. Price EXCHANGE BONDS (Continued)— J 185,000 118,000 118,000 93,000 598,000 729,000 54,000 28,000 63,000 39,000 28.000 183,000 99,000 10,000 PRICES IN MAY. NEW YORK CURB Since Jan. 1. 53 May 31 784 May 27 May 29 May 31 96 1 May 13 1 994 May 23 1 1004 May 29 97 994 Jan. 5 34 May 31 Apr. 20 106 874 Apr. 21 994 924 Apr. 27 104 96 Apr. 20 103 Feb. 4 Jan. 26 Jan. 11 Feb. 4 CURB EXCHANGE YORK NEW r»4 RANGE SINCE JAN. 1. PRICES IN MAY. AGGREGATE SALES. In Price CURB EXCHANGE Since May. NEW YORK Jan. 3 Jan. 1. BONDS (Concluded,)— $ 147,000 129,000 172,000 128,000 276,000 493,000 72,000 517,000 94,000 126,000 110,666 128,000 85,000 117,000 118,000 132,000 102,000 1,848,000 29,000 26,000 20,000 Ask 91% Sale 26,000 Union Terminal Co 5b_~1942 572,000 United Elec of N J 4s 1949 101% Sale United El Serv (Unes) 7o_1956 74% Sale 337,000 Without warrants 58 Sale 818,000 United Indus 6%a 1941 59 H Sale 453,000 1st 6a 1945 51 Sale 492,000 United Lt & Pow 6 %s 1974 47 % Sale 890,000 Deb 6s .1975 69 % Sale 213,000 S%« 1959 1,481,000 United Lt 8c Rys 5 Us.—1952 358,000 enrles A 1952 243,000 Deb 6s series A 1973 9,000 United Rys of Havana 7%s *36 229.000 US Rubber 6%% Notes.. 1934 38 Sale 184,000 Serial 6)4% notes 1935 35 Sale 151,000 ' Serial 6H% notes 1936 159,000 Serial 6%% notes 1937 575,000 Serial 6)4% notes 1938 240,000 Serial 6%% noteo 1939 187,000 Serial 6%% notes 1940 91 Sale 2,736,000 Serial 6s 1933 58,000 Utah Power & Light 5S..1944 87,000 <»s series A 2022 87,000 Utlca Gas & El 5s E 1952 45,000 5s series D... 1956 16611 Sale" 95% Lowest Ask. Ask. Bid. Bid. Highest Lowest. Highest. Sale Prices. Sale Pricea Sale Prices. Sale Prices. May 31. May 1. 1933. Bid.. 95 % May Sale 73% Sale 44 % 41% Sale 41% Sale 34% Sale 35 Sale 61% Sale Sale '51% Sale" 47% Sale '53% Sale" 44 Sale 66 Sale Sale 75 Sale 30 46% Sale 60 Sale 94% Sale 60 83 Sale 44 Sale 39% 37 68 65 Sale 37 Sale 37% Sale 41 40 65 65 65 Sale 40 100 Sale 39% Sale' Sale 37% Sale Sale 81% Sale 53 Sale 50 Sale 81 % 53 49 93% 49 48 15,000 Valvollne Oil 7s ....1937 167,000 Vamma Water Power 5%a '57 133,000 Van Camp Packing 6s 1948 Van 68 % Jan. 74 May 29 Jan. 11 Jan. 0 Jan. 13 50% Apr. 4 29% Jan. 28 27 Feb. 23 25 Apr. 4 27 Feb. 27 25 Feb. 68 20 23.005 129,000 51,000 73,000 Sale 92 30,000 112,000 227,000 11,000 68,000 89 71% 45 Sale 55 8% "57~~ Sale' 67% Sale 58 Sale 63% Sale 58 Sale 58 Sale Sale 73 57 1st 78 with warrants 1954 7s with warr COD 1954 Ward Baking Co 6s 1937 Wash Gas Light Co 5s 1958 Wash Ry 8c Elec 4s. 1951 Wash Water Power 5s...1960 191,000 384,000 261,000 39,000 1,550,000 542,000 74,000 55,000 132,000 152,000 150,000 154,000 94% May 31 4 Sale Sale 93 Sale 88 27 53 Sale Sale 99 % Sale 87% Sale 92 % Sale 64 43 May 27 May 31 6434 May 29 Sale Sale 8834 May 27 92% May 24 "83"~ Sale" 73 May 62 % May 77 59 1944 2030 Wes# Penn Pow 4s H-^.1961 West Penn Traction 5s._1960 West Texas Utll 5s A 1957 May 75 May May May May May May May May May May May May 93 60 83 % West United G 8c E 5Ha A 55 Westvaco Chlorine 5%s__ 1937 Wheeling Elec Co 5a 1941 Wis Elec Pow 5s A 1954 Wis Minn Lt 8c Pow 5s... 1944 Wisconsin P 8c L 5s E 1956 5s series F 1958 Sale Sale Sale 101 80 52% Sale 85 % Sale 101% Sale 101% Sale 93 64 55 42% May 85% L0134 101% May May May 68 101 99 LOO 98% May Sale 99 64 83% Wisconsin Pub Serv 75,000 4;ooo 6s Series A 85% Sale 190,000 Yadkin River Power 5s._1941 68,000 York Rys Co 5s 1937 43,000 6,000 Sale 85 Feb. Jan. Jan. 10 82% May 29 24% May 13 17 23 62% Jan. 71% Jan. May 27 May 19 25 1 11 Jna. 16 Jan. Feb. Jan. 6 Feb. 30 Feb. Apr. May May 64 101 May 31 Jan. 9 Feb. 15 8* Mar. May 18 1 89% Feb. 4 103% Jan. May i04 Jan. Mar. 103 91 Feb. 89 Apr. Apr. Jan. 89% Jan. Apr. May May 6 21 10 27 27 Jan. 9 81 May 10 97 Jan. 17 May 29 86% May 24 75 May Apr. 2 4 89 92 Jan. Jan. 10 11 17% Apr. 1 16 Mar. 31 30% Apr. 20 24% Jan. 31 34 May 17 19 Mar. 15 29% May 13 35 35 Mar. 17 Mar. 17 May 17 30 May 1 29% May 13 33% May 19 33% May 22 36 May 24 38 May 12 38 May 31 35 May 11 31% May 21 3 14% May 29 81 1952 Jan. 55 Apr. 12 Apr. 29 22 31 31 93 31 60 27 18 35% 64 31 13 101 99 31 97 17 70 31 27 62% 59 25 May 93 42% Sale 68 % Sale 48% Sale 27 May May May May 23 47 1 16 11 12 Feb. 5 Mar. 31 13% 10 2% Feb. 21 97 90% Apr. 1 94% 78 Mar. 31 91 82% May 12 87 May 1 102% 93 May May 75% Sale Conv deb 6s West Penn Elec 5s Sale 23 ~ 53 1334 May 27 10 May 19 May 17 9034 May 26 5 3 1 80 1 82% May 12 87 May 1 Sale 80% Sale 57 58 8 May 4% May 91 Sale Sale 93 88 Sale 91 72 1 3 4 May May May 31 Jan. 11 7% Feb. 15 Jan. 31 May 13 101 Jan. 11 Apr. 12 103 77 Jan. 30 Apr. 29 4 Western Newspaper Union— 75,000 111,000 1,000 11,000 528,000 130,000 25,000 21,000 26,000 27,000 22,000 11,000 May 13 12 31 72 May 24 66 May 25 66 May 25 65% May 25 66 May 25 100 May 18 10% Feb. 15 96 Waldorf Astoria Corp— 6,000 101,000 371,000 866,000 71,000 277,000 75,000 68 89 w Jan. May !!* May Feb. 25 Jan. 5 82% May 29 24% May 13 94% Sale 89% Sale 97% Sale 57 80 15 69 May 1 62% Apr. 20 Apr. 27 103 Apr. 20 103% 53 75% May 8 15% May 15 Sale 18 27 28 20 Apr. Feb. 45 Sweringen Corp— 27,000 6s with warrants^..... 1<»35 223,000 Virginia Elec Power 5s...l955 19,000 Virginia Power Co 5s_.__1942 509,000 Virginia Pub Ser 5%s A..I946 155,000 6s 1946 246,000 5s series B 1950 12 53 97 Sale 53% Jan. 13 12 8 53 18,000 83,000 2 12 Jan. 54% Mar. 31 31% Apr. 1 64 Apr. 6 25% Apr. 3 20 Feb. 28 27% Apr 94% May 31 83 May 31 72 May 24 66 May 25 May 25 66 & May 25 66 May 25 100 May 18 66 May 26 6234 May 29 96 May 13 May May May May May May May May May May May Feb. Jan, 68 35 52% May 27 48% May 29 74 May 29 55 May 18 76 May 29 46% May 29 15 23 8* 66 70% May 10 May 16 35% May 16 29% Apr. 18 May 26 May 24 May 24 79 70% May 10 35 May 16 35 % May 16 33% May 2 33% May 61 % May 42% May 65 May 30 May Feb. Jan. 84% Apr. 25 92 95 Mar. 2 103 9 9934 May 1 May 10 85 75 2 May May 15 85 May 10 May 4 May 31 May 18 82 78 FOREIGN GOVERNMENT AND MUNICIPAL Ag-lcul Mtga Bk Rep of Col— 28 122,000 20-year 7s Jan 15 1946 100,000 20-year 7s Jan 15 1947 193,000 Baden (Germany) 7s 1951 533,000 Buenos Aires (Prov) 7%s_1947 10,000 7%s stamped 1947 653,000 7s 1952 42,000 7s stamped 1952 30,000 35,000 55,000 59,000 10,000 52,000 42,000 26 Sale 36% 30 Sale 32 32 38 34 Sale 34 Sale 31 % Sale Sale 13 Sale 32 Sale Cauca Valley (Dept of) Rep of 77,000 Colombia ertl 208,000 - 8% f7fc._ .1948 8% May Cent Bk of German State & 195,000 72,000 83,000 20,000 18,000 347,000 278,000 71,000 51,000 75 ^ 275,000 98,000 99,000 212,000 49,000 235,000 377,000 346,000 2,976,000 613,000 849,000 Sale 54% Sale . 37 Sale Sale 37 31 May 26 28% May 15 26 May 15 53% May 16 28 May 18 39% May 24 38% May 24 57 % May 31 34% May 2 Sale 55 33% Sale Sale 63 32% Sale 57% Sale Sale Sale Sale 69 % 72 Sale "l~% Sale' 12 Sale 24% Sale 18 Sale 27% Sale 1947 28 1931 11% Sale Sale 29% 8% Mtge Bank of Denmark 5sl972 Parana (Stateof), Braz7s_'S8 Rio de Janeiro 6%a 1959 Russian Govt 6%a 1919 6%a certificates 54 Sale 54 1947 7s Issue of 1927 (A8cO) Mtge Bank of Chile 6s May 26 28% May 1" 65% May 18 47% i95i Mtge Bk of Bogota 7s 37 69% May Sale 40 55 % Mendosa (Prov) Argentina 7%s 41% May Sale 66 35% Sale 35% Sale Sale 41 487,000 1st mtge coll a f 7s 1944 32,000 Lima (City), Peru. 6Hit—1958 18,000 6%sctfsofdep 1958 125,000 Maranhao (State) 7s 1958 153,000 Medellln (Colombia) 7a__1951 125,000 11,000 22,000 37,000 13,000 81,000 132,000 120,000 1,430,000 220,000 284,000 66 Jan. 1? 55% Jan. 1" 75 Jan. 3 68 May 8 72% 36% May 19 30 May 6 5 Indus Mtge Bk of Finland 120,000 11,000 5,000 56,000 45,000 36% May 19 30 May 6 58 Mar. 3 57 Jan. 17 Sale Sale 71 Sale Sale Sale Sale 33 Sale Sale 8% 17 Sale 2 ..1919 4 2% Sale 24% 28% 28% 8% 61 % 8% May May May May May 25 May 11 May 3 2% May 15 2 May 6 2 May 3 2 May 13 Sale 100 % Sale 17 4 Mar. 31 Feb. 23 3 29 26 31 27 24 59 99,000 7s 1935 48,000 Saarbruecken (City) 7s..1935 34,000 44,000 18,000 29 17 12 32 33 Feb. 9 6% Jan. 10 5 Jan. 12 15% May 27 16 May 24 Mar. 31 Mar. 23 18% Feb. 24 24 29 32 33 Mar. Jan. 29 29 29 29 2 May 100% May 9 102 103% May 13 103% May 13 97 11% 66 13% 17 4% 4 4% 4 13 8 Apr. 28 57% Apr. 12 17 27 Jan. 13% May May 4% May 4% Jan. 4% May _ Mar. 24 4 1% Apr. 15 Apr. 103% Jan. * No value, par n Sold under the rule. a Deferred delivery sale*, May 1 5% May 10 5 May 10 r Sold for cash, x March 15. Narragansett Electric 5s series B 1957, $1,000 at 104 Jan. 17. N.Y & Westchester Ltg. 5s 1954, $5,000 at 106% March 27. Southwestern at 70 Feb. Public Service 6s A 1945, $1,000 14 at 23% Associated Jan. G & 24. E. Feb. 5s Telephone 1968, Public 95% Jan. 13. Service 5s 1970, $1,000 reg., pref., 100 at 9. - 19% - - ,c„ April 7. Cities Service, com., 100 at 1% April 13. Commonwealth Edison 5s series A 1953, at 91 April 24. Commonwealth Edison General 26 18 4% Jan. May 25 8% May 27 10% May 29 Mar. 24 4 23 80 5s series C 1951, $7,000 at Feb. 2. 13 Jersey Central Power & Light 5%% pref., 25 at $1,000 at Beneficial Industrial Loan, com;, 200 at 8 April 19. Central States Electric 5s 1948, $16,000 at 27% at Electric Feb. 1. Indiana 58 $1.50 $5,000 4%s, series O 1956, $2,000 at 83 April 24. Bronze Corp. 6s 1940, $7,000 at 43 United States Rubber 6s 1933, $8,000 at 100% April 10. Gesfuerel 6s without warrants 1953, $2,000 at 34 May 19. "Deferred delivery' sales affecting the range May 16. were made as follows in 1933: Illinois Power 5s 1933, $13,000 at 100% Jan. 9. Arkansas Natural Gas, com., class A, 400 at % Independent Oil & Gas 6s 1939, $1,000 at 91% March 15. April 27. Tennessee Apr. 13 International Petroleum, 200 at 8% March 29. Associated May 25 8% May 27 10% May 29 10 Ex-dlvidend "Under the rule" sales affecting the range were American Manufacturing, pref., 30 at 43 % Feb. 7. 'made as follows in 1933: Associated Gas & Electric 5%s 1938, reg., $5,000 Ohirago District Electric 5%s 1935, $7,000 at 95% Feb. 2. Crown Central Petroleum, com., 67 at 1 April 24. Federal Sugar Refining 6s 1933, $2,000 at 4 JaffT5. Hygrade Food Products, new com., 52 at 3% 26 Jan. 27 29 10 29 Apr. 25 17 102 6 103% May 13 Sant* F® (City) Argentina 17 May 17 May 24 May 22 Jan. 6 66 Apr. 15 1% Mar. 24 2 21 73 17 May May May May May May May May May May May 7 Sale 65,000 Republic extl 7a....... 1945 130,000 Santiago (Chile) 7s.... ..1949 71,000 Santiago (City of) 7s 1961 54% Jan. 6% Jan. 10 Saar Basin Con Counties 9,000 6,000 27 13 12 May 18 May 6 May 4% May 15% May 16 May 72 27 Sale 8% 53% May 16 May 18 28 Jan. 62% Jan. 61% Jan. 61 Mar. Jan. Sale 102 May 15 5 Sale 4 26 22 29 29 27 Sale 4% Sale 6 20 Sale ~~2% 5%a .......1921 5Ha certificates 1921 3 4% May 26 3 May 18 10 May 5 11% May 12 Sale 4% May 62 31% May 21 14% May 29 50 67 Sale 44% Sale 12 12 31 11 Mar. 31 7 May 2 38% May 25 73% May 27 68 May 8 46 55 % 988,000 Prov Banks 6s 1951 400,000 6s 1952 183,000 Danish Cons Munlc 5%a_1955 87,000 5s. ....1953 Danslg P 8c Wat'way Bd 319,000 external a f6%a 1952 2,012,000 German Cons Munlc 7s..1947 2,251,000 6s 1947 956,000 Hanover (City) Ger 7s..1939 414,000 Hanover (Prov) 6Ha 1949 57% Jan. 38 May 38 May 35 May May 29. Lefcourt Realty Corp. pref., 100 at 2% April 4. Niagara Hudson Power, class B option warrants, 100 at 1% March 21. Peoples Light & Power 5s 1979, $1,000 at 1% Jan. 5; $2,000 at % April 18. San Antonio Public Service 5s 1958, $1,000 at 64 May 3. Syracuse Feb. Lighting Union 5%o 1954. $1,000 at 109% 1. Tide Water Feb. 14. Power American 5s A 1979, Investment 5s $3,000 at 60% w. $1,000 at 72 April 12. Newspaper Union 6s 1944, Western March 16. w. 1948, .000 at 21 RANGE OF PRICES ON SECURITIES MARKET ON THE NEW YORK PRODUCE EXCHANGE Stock Sales. 1933. May Jan. 1 to May 31_. AGGREGATE SALES. In ; NEW YORK PRODUCE EXCHANGE Jan. 1. % 1,000 Shares. 1933. May 31 PRICES IN MAY. 1933. Bid. May 1. Ask Bid. May 31. Ask. Bid. Lowest. Ask. Amer Chain 10 yr 6s c d__1933 Edison EI Ilium 5s W I_._ 1936 May 4 Lowest. Sale Prices. 40 May 4 Certificates of deposit. 1941 13*4 124 64 17 600 99 8 82 May 19 88 May 26 15 Jan. 84 8854 $1 600 Altar Consol Mines Inc. 10 Anheuser Busch Inc cap 900 1,000 25 Feb. 27 84 Feb. 82 May 19 88 May 27 Bancamerica-Blair cap 200 Bon Ami Co class B ~9~666 "5",166 £09,000 28,800 31,100 100 500 34,400 52,600 800 1,200 100 T,§66 "'"306 12,500 1,900 12,500 1,900 300 100 2,200 76,000 40 100 Inter 1 64 cum conv $7 cum conv 12c 20c i* J" 15c 20c 12c Sale 1.60 1.70 pref c-d 100 National Liberty Ins 1,000 Newton Steel Co 2 18c 25c 15c 20c 40c 50c 5c 10c 1.00 9c 25c 1.00 Sale 1.35 Sale 2.25 300 500 * 13c .90 1.20 1.45 7% preferred 14,000 Polymet Mfg Corp com 50 2X IX 1.15 1.10 12c Sale 5* Sale 8h 954 1.00 1.15 4 2,300 Sherritt-Gordon Mines Ltd.l Shortwave 8c Television 1 25c 1.95 3 Sale 3.00 4.00 165* Sale 54 Sale m 1.30 Sale 10c 34 Sale Sale & 11 1.40 i9M 16 1.40 5 25c 6 X 14 654 Sale 24 Sale Sale 6 64 24 7§c* 4 Sale 32c 40c 4 4 2.50 2.00 2 Sale 1 2.50 3 2 25* 20c 2 I* lie* Sale 3 Sale Sale 2 Jo Sale Sale 25c 4 ----- 5X 1.25 Sale Jan. 13 Jan. 19 Mar. 16 35c Apr. 21 354 May 25 17c Apr. Feb. 2 Mar. 18 20 Feb. 25c May 10 May May 29 May 13 20c 1 10c 15c May 1 Sale" 2.15 Sale Mar. 50c May 13 Feb. 15c 1.50 Mar. 21 May 10c 4 Jan. Feb. 84c 28 May 27 May 5 IX May 27 25* Apr. 13 15* Apr. 26 20c May 29 45* Jan. 12 4 May 13 30c 1.50 Mar. X Mar. 29 10c 84c Jan, 10 Feb. 27 2.20 Feb. 6 354 Jan. 23 1.38 May 17 24 24 2.80 7 25* May 16 May 3 May 8 May 2 May 1 1.50 May 4 35* May 31 35* May 23 2.80 May 8 205* May 27 54 May 31 2.20 Feb. 6 354 Jan. 23 1.30 Feb. 1.50 Jan. 1.27 10c 35* 10 1.25 5* 35* May 29 May 8 May 31 May 1 May 3 May 9 May 19 May 9 2 4 155* 1.43 5* 5 29 8 1 27 27 29 19 May 1.27 22c May May May May May May May 9 14 25* May 16 2 Jan. 2.80 May 7 May 2 3 8 2 10 35* May 31 35* May 23 2.80 May 8 205* May 27 55* May 31 Apr. 7c 2 2 19 Feb. 16 14c Jan. 18 Apr. 19 May 29 20c Apr. 29 . 1.00 Feb. 23 Jan. 25 10c 25* Jan. 4 85* Mar.31 Mar. 27 1 4 May 19 25* Mar. 1 4 Jan, 254 Mar. 17 1.30 Apr. 28c 10 Feb. 4 May 155* Ma; 1.75 Ft 5* May 19 May 9 5* Jan. 5 65* May 1 35* May 11 5 64 May 1 34 May 11 38c May 15 15* May 13 1 13c May May 5* May 1 May 20c May 5* May 85* May 1.50 May 31 31 31 31 1 19 12 22 50c May 24 15* May 13 15* May 31 May 25 254 May 26 15* May 27 38c 31c May 11 5* May 19 10 May 12 2.25 May 1 5 55* Jan. 6 154 Mar. 17 56c Mar. 3 13c Apr. 7 74c Feb. 14 50c Jan. 3 2.10 Jan. 6 May 15 25* May 1 90c Sale 18c 8c 25c 3.50 34 25c May 30c May 5* Feb. 25* Apr. 15* Apr. 8c May 1.00 80c 254 140 Jan. Mar. Jan. 13c 10c 2X 62c 2.00 7 Mar. Feb. May 27 30c May 5 154 May 27 10c 14 F25 63c 1.50 Jan. Jan. 105* May 15 1}4 Feb. 7 4.00 1.25 19c Sale X 5% 58c 7c Feb. 1.50 May f 24 14c May 25 105* May 154 Feb. X 4 5H 19c 15* Mar. 10c 10c 1.35 1.60 14 2.10 Jan. 6 15* May 13 25* Apr. 11 1 May 31 13c May 31 5* May 31 1 May 31 25* Apr. 11 15* May 31 38c May 25 254 May 26 15* May 27 10c 35c Feb. 9 5* May 19 85* May 12 6 Mar. 17 3 Mar. 16 5* May 19 May 12 2.25 May 1 10 50c 30c 14 75c Sale 3 5 185* Sale 4 6 15*' 19c Sale 15 135* 24 24 32c LI 11'4 a 4 Sale 135* 44 44c 154 Sale 12 15 44 2 40c 45* 3X IX 14 a Sale ■ Sale 1 4 Sale 4 1354 May 6c May 4 May 15* May 32c May 11 May 45* May 2 May 17 4 27 10 1 17 5 22 27c May 1 5* May 22 Sale 185* May 6c May 4 May 154 May 50c May 12 May 45* May 35* May 27 4 27 15 27 8 5 16 15* May 31 4 May 10 1 Mar. 80c Feb. 1 30c Feo. 1 62c 30c Feb. 14 62c Feb. 14 28 185* May 27 135* Apr 6c . 2 Mar. 16 4 May 15* May 19c Jan. 11 May 45* May 2 May 15* Feb. 27 10 3 8c Mar. 15 5 Jan. 17 5 22 23 12c Mar. 31 38c Apr. 6 15 7 8 9 17 32 39 7} 201 Sale 2 May 20 May 15 May 24 854 May 19 May 23 25* May 31 31 13 3X Sale X 1 50c 75c Sale \H Sale o 1 3 H Sale 90c '""54 ""I" IX lh 2.10 Sale 65* 85* 7 1.10 85* Sale 4 854 125* 95* 195* 1.25 1.65 65* 14 24 30c 42c 42c 57c 31c 40c 18c 25c 2 7 17c Sale 25c/ X May 4 14 May 25 1.45 May 26 14 May May "I May 13 2 May 16 2.10 May 31 1 8 5 25* May 24 5 May 8 1154 May 26 1.00 May 29 15c May 12 1.00 May 29 17c May 6 5 9 May 4 154 May 15 50c May 27 Feb. 3 May 5 May 16 Jan. 6 May 31 15* Feb. 17 .. 6 4 10 Tr Ltd..5 sh b Gash sale 2.38 Sale 13c IX 1 7% cumul preferred...—25 Seller, 25c May 10 30c May 5 IX May 27 8c 25* 1 200 Rossville Alcohol 8c Chem.._* a 13c 25c 1.18 2% Sale 2.40 2.90 2 ...* new com 800 Reno Gold Mines Ltd cap 1 500 Retail Stores Corp capital..5 11,500 May 12 5c 15c Sale 1.50 15c 14 _. 90 No par value, 25c 3 .5* ,254 Sale ""350 1,496 May 12 354 May 25 May 31 105* May 15 Sale 5c 20c 1.00 24 4,200 Rhodesian Selec May 25 25* May 1 8c May 2 105* May 15 40c 2.28 1.85 25c 10c Sale' 50 846 25c 19c 354 Sale 2 100 Petroleum Derivatives of Me* 450 Pittsburgh Brewing com * 50 Prima Co 14c 154 Mar. 20 Mar. 1.50 May 3 1.75 2.25 1.10 22,800 Petroleum Conversion cap..5 "3~200 IX 15c 1.15 6,300 1,800 800 Iff „!2 "Wf- * _ 14 26 25c 20 18c * 1 5c 8 1.00 * pref 112,200 Kildun Mining Corp cap _.l 100 Kinner Airplane & Motor * 500 Kirkland Hud Bay G Mines. 1 15,200 Krueger (G) Brew com W I. 4,500 Lebel Oro Mines Ltd capital 200 Lessings, Inc 5 2,200 Lock Nut of Amer Corp 1 361,000 Macassa Mines Ltd I 190 Macfadden Publica's $6 pf..* 28,700 Railways Corp 1,800 Renner Co 135* 12c 12c 53",900 14,000 May 1.50 May 24 45* Sale 300 N Y Title 8c Mtge cap 1 79,800 Paramount Publix Corp...10 """400 Sale 115* 2" Combustion Eng Corp. * $7 10c 45c ,8* 10c 10c 0 90 35c Sale 14c —-1 100 Intl Vitamin Corp capital..* 400 Interstate Natural Gas * 1,000 4 45c 24 8c Typewr.l Howey Gold Mines Ltd Huron Holding C-D 300 400 14,700 1,000 Henion & Hubbell common.* Hooven Automatic 172,600 Internat'l Rustless Iron 100 20c 11c 554 * 300 Idaho Maryland Cons Mines. 1 200 Indep Brewing of Pittsb 50 50 Independent Brewing pref_50 "300 Inter Combustion Inc w i_ 1 100 X 2X • 2,050 Helena Rubenstein $3 pref..* 100 Hendrlck Ranch Royalties..* 8,600 12,400 27,000 7,400 May 22 140 20c IX 9c 1.65 100 Great Lakes Aircraft A 5,600 26.200 15c 1 28,800 Falstaff Brewing Crop ..1 32,400 Fidelio Brewing com W W 1 2,700 Fisk Rubber common .* 200 Fisk Rub 7% cum con 1 pf 100 Fort Pitt 200 Brewing 1 3,300 Fremont Gold Mines Inc 1 196,200 Fuel Oil Motors Corp.. 10 248,800 General Electronics...... 1 2,600 Golden Cycle Corp cap -.10 7,400 Grenada Gold M Ltd cap 1 "i",506 63,700 Fada Radio & Electric 100 Falconbridge Nickel M Ltd 1,050 9c 6c 1.50 May 24 7c May 3 com 100 Eagle Bird Mines Inc cap..„l 50 Edison Splitdorf Corp 1,000 Eldorado Gold Mines Ltd. 21,800 Elizabeth Brewing Corp. 1 100 Sale IX 600 Detroit 8c Canada Tunnel..* 700 Dividend Shares Inc cap..25c 200 6c BA "I 200 Columbia Baking 1st pref * 200 Columbia Baking 2nd pref 39,000 Co mo Mines 1 2,000 Conrad Razor Blade Inc cap 1 11,600 Continental Shares Inc_.._* 100 CorpTr Shares Series AA 11,200 Davison Chemical 11,500 8c 1.25 1.50 14c Sale 8c 1 Brett Trethewey Mines Ltd.l 500 Castle Tretheway Mines Ltd I 700 Chemical Research. * 200 154 Mar. 8c 150 X 2,500 500 6c 10c * 1,000 B-G Sandwich Shops lnc.. 200 Bird Aircraft Corp 21,800 76,700 3c Barry Hollinger Mines Ltd..l 25 Berghoff Brewing Corp..__.l 2,000 Sale 7c 1 .«rr..5 500 Assoc Dye 8c Print v t c Bagamac Rouyn Mines Ltd. Bagdad Copper _.l 1,000 7,500 7,500 50,000 Apr. 17 Apr. 21 13 X Feb. 3 16 Jan. 14 Par. 31,500 Andes Petroleum "'"405 • 40 21 29 18 19 Apr. Apr. 6H Apr. 65* Apr. 84 Apr. 15 U S Rubber 3-yr 6s wi ...1936 144,000 Admiralty Alaska Gold 27,000 Sale Price 40 135*. 15 Trl-Contln'l new5% convl953 STOCKS Highest. Sale Prices. 99 9h Certificates of deposit. 1947 Highest. Sale Prices. 40 International Match 5«._1941 Shares. $30,000 35,000 RANGE SINCE JAN. 1. 300 ABC Trust Shares Series D 31" 000 1932. $5,000 59,000 - Jan. 1 to Price * 4,000 May Jan. 3 BONDS 2,000 10,000 20,000 16,000 6,000 1,000 4,000 Bond Sales. 369,109 2,369,479 -.2,860,231 Since May. 1932. S/mres. 1,159,626 Feb. 7 Apr. 3 205* May 2 May 15 Apr. 54 Apr. 15* May 1.45 May 65* Feb. 15 24 7 31 19 35* Jan 2 May 2.10 May 75* Jan. 25* May 5 May 1154 May 1 Jan. 1 Jan. 35* Jan. 30c 15c Feb. Apr. 25 26 8 11 3 3 3 1 6 Feb. 15 854 May 19 May 23 25* May 31 15 Apr. 7 3 16 31 3 24 8 26 1.00 May 29 40c Jan. 25 NEW YOKK PRODUCE EXCHANGE 50 NEW AGGREGATE SALES Price EXCHANGE In Since May. Jan. 3 Jan. 1. x STOCKS Bid. Par. Gold Mines Ltd cap..l 600 Standard Brew of Scranton.* 200 Standard Utilities Inc 50c 600 84c" "91c 1 800 Sylvestre Utilities A B 100 20c 27 2434 90c 98c 1 28 1.10 134 134 % 134 1% 50c 1.50 75c 35c 1.25 % 1.04 May 29 40c 60c 1.40 1.65 4.82 Sale 96,600 200 200 4.82 May 100 U S El Lt & Pr 100 tr ctfs B 2,200 2,700 2,700 Ventures 2~40 ~2~95 ... 300 Utah Metal & Tunnel.. Van Sweringen Corp. ""800 68,100 178,500 74,700 34 100 100 37,500 12c 25c 1,20 Sale 10c 1.20 30c May 24 1.20 May 31 90c 5% Sale May 13 May 23 May 27 May 2 May 1 9c Sale 5 28c 15c Sale 6c 12c 6c 20c 7X Sale 28c Sale 20c 10 6 50c 49c May 434 May 6 May 1 May 31 15c Sale 3 5 934 3 5 15c May 23 May 23 May 1 334 May May 35c . ■. 1 2 5 20 Jan. 19 13 4.82 May 31 3X May 22 May 25 434 May 17 25c 2.75 May 27 35c Feb. 9 May 24 30c 1.20 May 31 Mar. 30 May 12 Mar. 30 534 Jan. 10 25c Apr. 6 2 Jan. 26 3 Apr. 3 6c Mar. 31 5 May 23 6c May 27 3 May 2 9c Jan. 14 90c 4 434 10c 8 1 30c 34 Sale 34 Sale 4% Sale Jan. 1.50 Jan. 2.75 May 27 35c Feb. 9 12c Jan. 31 2.75 May 27 May 10 May 12 9 1 434 May 17 434. May 17 1 100 Preferred 25c 134 Jan. 25c Feb. 28 6c May 25 May 1 434 May 17 2.75 May 27 13c 22,200 Wing Aeronautical cap 10 1,350 Wisconsin Holding class A.10 1 64,400 Zend a Gold Mining 300 May 31 3% May 22 1.10 May 29 20c 20c 5 264,500 Willys-Overland 4,300 1.00 34 Sale 25? 3 4 534 • Western Television..... 2 18c 75c 55c Ltd Participating A__ .....1 100 White (S S) Dental Mfg 20 239",600 4".82 §1 "40c" "65c" "50c" "80c" 45c 20c 20c 1 300 Warner Aircraft 100 16",000 10 May 24 1 8c Sale 6 23c 2 100 Preferred Sale 8c 1.60 Apr. 24 534 May 31 75c Feb. 24 33c Apr. 10 1.30 Mar. 3 1934 Apr. 5 2 354 May 27 Feb. 25 33c Apr. 10 1.30 Mar. 3 1834 Apr. 5 1.04 May 29 % Feb. 4 1 Jan. 20 23c Jan. 12 1.25 Jan. 13 4.82 May 31 3% May 22 ~i".i6~May~29 354 May 22 135,900 United Cigar Stores of Am__l 1.01 Mar. 534 May 31 % May 24 B 200 1.60 May 27 40c 34 26c 1.25 Highest. Sale Prices. 1.17 30c * Tom Reed Gold Mining Lowest. Sale Prices. 74c ' 200 . 1.08 33c 75c 400 Treadwell Yukon Ltd 1 100 Trustee Stand Oil Shares A__ ""100 1.55 534 Sale 20 24 ""34 "l » cap.l 4,500 j. 1834 100 Swedish Ball Bearing..100 kr Mines Ltd—1 1,100 Sylvanite Gold 300 1.35 28c 2,000 4,500 "i'loo 1.55 1.30 Highest. Sale Pri es. 1.30 May 23 3 h May 27 Ask. Ask. Bid. Bid. Ash. 1.24 Sale 14,150 Siscoe 1,200 Lowest. Sale Prices. May 31. May 1. 1933. Shares Shares RANGE SINCE JAN. 1. PRICES IN MAY. YORK PRODUCE 534 Jan. 10 % Jan. 3 May 31 3 Apr. 3 49c May 23 5 May 23 6 Feb. 20 934 Jan. May 5 5 1 35c ' Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK Stock Sales. BONDS 5,000 37", 606 11,000 10,000 "Y.666 12,000 165,000 2,000 "9",600 Chicago City Ry 5s Ask. 1927 Certificates of deposit. 1927 Chic City & Con Rys 5s.. 1927 1927 Chicago Railways 5s 1st mtge 5s ctf of dep..1927 .1927 5s series A 5s series B 1927 Com'wealth Edison 536s_l%2 Sale 47 634 5134 9 55 Sale 52 8 11 5 334 10534 10634 Consol Elec & Gas 6s 1937 25 30 Holland Furnace 6s 1936 46 49 Insull Util In* 6s.."B,,..1940 1 Bid. Ask 46M 4634 4834 4734 6 7 34 52 55M 5234 Sale 1034 14 3 34 534 Lowest. 10 13 1938 10 13 53 17 52J4 May 1 12 34 May 11 734 May 18 23 5434 May 26 1814 May 25 23 May 19 61 20 4634 May 18 1234 May 19 21 58% 5834 1st mtge 5^8 186,000 8,000 Union Elevated Shares. 14 5,200 5,415 150 23 26 52 I May 14 14 19 24 15 19 24 15 Sale 25 27 31 2134 May 20 May 15 20 1634 20 2734 21H 23 27 29 27 10 13 1734 20 2734 634 * 25 Acme Steel Co * "T.600 1,800 Allied Products Corp cl A..* 30 30 Altorfer Bros conv pref 100 All-Amer Mohawk cl A 350 Amer & Dominion ""400 com 450 Art Metal Works 29,250 Asbestos Mfg Co 50 5 May May 14% May com... 5 com 1 10 S6 preferred 1,900 7,030 100 uar $6 conv May 19 23 May 19 Apr. 18 34 Mar. 22 % Feb. 6 1 6 % May 4 vnluo. x i£x-d!vd>-nti conv 3 9 5 23 Feb. May May Jan. Jan. May 4 26 25 18 13 25 Jan. 26 9914 Apr. 19 26 Jan. 11 44 Mar. 20 8 VA Jan. Feb. 17 6 1614 May 23 May 9 14% May 5 5 1614 May 23 15 May 9 14% May 5 1214 Apr. 15 May 14 % May 9 26 9 23 1814 Feb. 28 1634 Mar. 3 2834 Apr. 20 23 May 23 21% Jan. 9 10 Feb. 5 Apr. 28 11 1 Feb. 1 May 34 Jan. 4 May 8 May 34 May 34 Jan. 234 Apr. 17 5 3434 May 27 2934 May 29 634 Feb. 17 3 May 31 7 May 17 34 Jan. 5 12 May 26 834 May 27 34 May 23 34 Jan. 10 10 May 24 34 Jan. 5 9 9 May 16 May 23 1 3 3 234 534 634 . - - 1234 34 34 May 31 1734 May -2 534 May 8 2 May 22 7 May 17 27 4 8 8 15 _ 30 7 Sale 10 X 4 1 ... 734 34 X X 1X 5% Sale 40 234 43 234 4 3434 May 27 2934 May 29 634 May 18 3 May 31 7 May 17 May 4 May 12 34 May 23 12 4 10 7 May 26 834 May 27 34 May 23 134 Sale 134 4 Sale 53* 1034 34 Sale 334 May May 24 Mar. 234 May 37 534 May 31 May 12 2 May 29 3 May 12 May 29 37 54 Feb. 2 Apr. ----- 2 29 22 26 4 19 11 2 3 2 1 6 1 134 34 ..... X 2 34 Sale 4 4 1 1 % May 3 % May 19 1 ■ 1 4 11 Mar. 25 40 41 4 12 23 16 26 31 36 *5 33 5 51 6 • pref* 7 1 • pref A 100 Automatic Washer ^ 100 7% preferred 34 % * Assoc Tel Util Co com.. 290 6% 2534 Sale 5 4 1 40 Assoc Tel & Tel Co Class A.* 110 4% Ih 4h ..... 3 com 600 Associates Invest Co com...* 20 J.H * ' 640 American Pub Serv pref..100 500 Amer-Yvette Co Inc No 23 5014 5414 1834 57J4 5914 15 Par. Abbott Laboratories com ♦ 50 Ainsworth Mfg Corp com.-10 * 300 Allied Motor Ind Inc com 100 24 1945 5s 50 * 4814 Mar. 21 11 Jan. 10 4J4 Mar. 27 9934 Apr. 19 50 20 360 Adams (J D) Mfg com 652 Adams Royalty Co com 17,700 8 May 25 May 25 May 22 59 104 1958 STOCKS Shares. 1,950 3,700 11 43 934 35 1946 Mar. 3 Jan. 23 Mar. 3 42 49 61 134 1134 11 34 Sale Prices. Prices. 4534 Mar. 20 55 208 So La Salle St Bldg— 62,000 3,000 Sale 55 53 Highest. Lowest. Highest. Sale Prices. 1949 48.1938 Ask. 26 47 42 Bid. 103 99 97 ..... Sale 6s without warrant 21,000 Metrop West Side El. Ext 4s 5,000 1,000 Texas La Power 6s 5,000 5,000 1,000 RANGE SINCE JAN. 1. Sale Prices. May 31. 1933. Bid. 18,000 72,000 13,000 15,000 87,000 17,000 21,000 3,000 3,000 7,452,000 Price Jan. 3 $ % "5",660 - CHICAGO STOCK EXCHANGE Since Jan. 1. May. May 31 PRICES IN MAY. AGGREGATE SALES. In Jan. 1 to 1932. $346,000 $156,000 640,000 May 1,216,000 8,205,000 Shares. 3,547,000 ..6,363,000 1933. Bond Sales. 1932. 1933. May.......... Jan. 1 to May 31___ EXCHANGE May 12 % May 19 , May Apr. Apr. 34 Apr. 54 May 1 Apr. X Jan. 31 524 May 31 Mar. 21 234 Jan. 19 1 Apr. 22 37 6 Jan. 13 5 1*4 Jan. 434 Jan. 24 1 Apr. 11 June, 1933.] CHICAGO AGGREGATE SALES. May. Jan. 1. PRICES IN MAY. Shares. 20 57 RANGE SINCE JAN. 1. Price Since Shares. EXCHANGE chicago stock exchange In STOCK Jan. 3 STOCKS 1933. Par. 20 Backstay Belt Co common. Bid. 3% * May I. Ask. Bid. 7 3% Lowest. May 31.' Ask. Bid. Ask Sale 3X Sale 4X Highest. Lowest. Highest. Sale Prices Prices. Sale Prices. Sale Prices. 3X May 31 3% May 31 3X May 31 Balaban Ac Kati Corp— 50 280 49,950 101 Preferred 53,700 Bastlaa-Blesalng Co 3 * com 300 Baxter Laundries Inc A— 69,866 15 • % 135,850 Bendlx Aviation Corp com__5 25,900 Berghoff Brewing Co .1 1,700 Blnks Mfg Co d A c? pref..* 25,900 800 10 170 Blums Inc 172,950 con* 780 1,450 850 8,700 83* 55% ..100 870 Canal Const Co 2,800 Convertible 3,760 10 Serv pref 880 410 990 V t 12 Sale 80 75 Sale 8,250 50 63* 5X 8 Sale 7 Sale 3 3 Sale 5 143* 7 1 IX "25" 4' ' Sale 18,650 100 ,V* 5 % % 1 1% J Sale 20 Sale * * 9 21 230 Chic N S At Mllw pref 8% 9X 8X 11 10 133,980 3,020 3 ig Sal* 1 17 • Sale 3% 6 3 950 * 5% 7614 Sale * com 220 7% cum pref 20 653,026 20,206 Cord Corporation Crane Co com 5,370 200 70 4% 210 3X 6% Sale 4 4% 20 * 4 5 4X 160 % Class A Common : 425 Dexter Co (The) com 3,710 De Mets Inc pref w w 1 100 Y2~.406 3,060 1,500 Goldblatt Bros Inc com ..* 4% 9 3 19,450 Hall Printing Co com 10 650 Harnischfeger Corp com * 1,600 Hart-Carter Co conv pref * 566 Hart Schaff & Marx com 100 200 450 100 5% 14% 6 23* 6 1 1 2% 10 15 % 3,800 20 1,210 27 3,760 4,854 1,850 300 Jefferson Electric Co com...* Kalamazoo Stove com.__...* Kats Drug Co com 1 Sale 4% Sale 3 4% 33* 4 14}* 3,000 70 Preferred 130 27,300 9,000 ""865 100 130,350 200 250 Preferred. .... com 7% preferred..... 210 Loudon Packing 32,966 Lynch Corp com 100 common .... 200 Meadows Mfg Co com... Sec cl A com x (ix-dlvidend. r 6 1 8 7 X X X IX 11 7X 2 May May May X May X May X May Jan. 31 14% May 1 5 7 Feb. May 29 3* Jan. 4 17% May 31 14% May 27 3 12 Apr. 26 5% May 31 2% 163* 4% 333* 4 1 8 12 May 29 1 Feb. 25 26 May 27 May 29 8X Feb. 14 21 5 Mar. 10 May 18 9 Mar. 23 2 3 Feb. 21 Mar. 20 4 16% May 31 84% May 27 8 May 31 8% May 18 4% May 17 10% May 24 28 5 17 13 May 17 % Mar 28 3* Feb. 27 3* Mar. 15 Jan. 20 M Mar. 21 29 31 17 25 12 9 5 "2" ^ 6 Sale 10 11 6X 4 2X 13 X Sale 18 8 12 4* 3 Sale 5% Sale 17 X IX Sale 18 }* May 20 23* May 18 60 May 15 63* May 31 13* May 17 6X May May IX May 1 May X May 1X May 1 May 7X May 8 X May 5X May 26 May 2X May 5 May 7 May 713* May 43* May 2 May 13* May 17 56 8 27 3 17 18 8 12X May 15 5 May 26 1 May 2 24 31 3 24 5 X Jan. 19 13* Feb. 23 1% May 17 1 2 31 29 26 2 9 13% May 27 53* May 26 2X May 31 May 8 May 6 May 24 4X May 24 6 May 9 12 May 23 3 12 6X May 11 Sale Sale Sale Sale 3 May 3X May May X May 11 May Feb. 33* 13* 3* 3* May 2 Feb. Apr. Jan. Jan. 1 Apr. 3* May X May 593* Jan. IX Sale 4X 2X 6 5 Sale 3X ..... 33 22 15" 5 7X Sale Sale !?* II* Sale "!§}* Sale 7 13 X 5 2X Sale Sale 60 11 Sale ,3* 1* 18 IX I* P 19}* IX 30 Sale 25* rA Sale 25 !* 2 2 Sale 5H- 7 ,«K 10 3 % ,0^ 30 Sale 10 IX Sale 5X Sale 2X Sale "§"" 4 6 Sale 39 X 12 X May Mar. Apr. Apr. 1 May 6 Apr. 43* Feb. 3 15 4 May May Apr. Jan. 31 31 22 11 May 29 May 31 Feb. 10 * May * Jan. * Apr. 5 May 26 May 21 May 25 10 8 Jan. 4 3 29 27 29 11 Apr. 28 2 Sale 5 10 3 Sale 4X 4% Sale Sale Sale Sale 32 Sale 8X IX 9% 3 "x "~Ji X IK 43* 7X 12X 193* 3X 30 9X 2 3X 4X 38X 15:X Sale 27 133* May 27 53* May 26 23* May 26 Jan. 30 21 8 2 May 24 3 Feb. 1 43* Jan. 10 3 13* Feb. 3 13% May 5 May 10 May 16 May 25 27 27 26 3 12 _ IX 2X Sale 11 16 X 4X IX Sale 40 Sale 11 Feb. 24 May 23 43* Feb. 23 12 73* May 16 9 17 3 9 21 8 May 11 May 31 63* May 24 5 May 3 6 203* May 29 133* May 29 53* May 29 8 60 11 May 29 May 22! May 29 3X May 1 1 May 24 7 May 24 IX May 1 3 May 6 2X May 1 10 May 3 133* May 1 53* May 17 23* May 31 10 May 25 4% May 31 6 May 5 4% May 27 14 May 25 36 May 27 2% 3* X 103* X Jan. Feb. Mar. Mar. Feb. 6% Feb. Feb. 12 21 15 1 24 27 3 % May 10 % Apr. 1 33* Mar. 23* Mar. 3% Jan. 5 May 8 21 203* 133* 53* 3* Mar. 1 Feb. 3 3* Jan. Apr. 11 25 173* Mar. 1 % Apr. 25 7 32 2 25 4 13* Feb. 4 25 Mar. 17 3* Feb. 15 Apr. 10 13* Feb. 24 13* May 15 May 24 9% May 1 5 May 12 May 19 4% May 26 May 9 16% May 31 31 23* May 31 May 24 17% May 31 5% May 9 30 2% May 24 Jan. 4 7 May 24 13* Feb. 11 2 Jan. 24 13* Feb. 8 10 8 Mar. 16 Feb. 27 3* Apr. 1 1^ Apr. 17 23% Feb. 24 7 Jan. 3 13* Mar. 23 1}* Mar. 27 May 24 4% Feb. 4 30 5 243i 14 Jan. 6% May 1 10 3: 22 8 Mar. 31 25 Jan. 3 63i May 25 33* Mar. 30 Feb. 8 Feb. 27 11 Feb. 4 Feb. Jan. May 29 May 29 May 29 8 May 29 66% Feb. 9 533* Apr. 63* Apr. 3* Apr. 3 26 31 27 29 23 17 31 May 11 May 31 63* May 24 Feb. 3 May May Feb. May May May 20 May 93* Feb. 2% May 2% May 3* 63* 17% 1% 6 Jan. 12 May 31 8 uS 30 30 May 31 6X May 25 10% May 10 24% May 24 22 May 31 7 May 27 30 May 19 25 May 29 4 May 31 10 May 10 50 May 29 2X May 11 May 9 8 J* May 2 Jan. May 17 May 9 12 May May May May May May 19 6X May 2 2 May 1 53* May 2 50 May 29 31 9 Jan. 1 May 4 3X 27 Jan. Apr. 25 Jan. K Sale 14 2 33* May 9 60 May 22 9% May 12 11 3 24 16 20 29 2 31 29 26 6 21 1 4 1 24 4 123* May 15 1% Jan. 27 2X May 17 2X May 31 May 6 May 2X May 7 May 82 Jan. 43* May 2 May 13* May 5 May 5 May 12 May 11% May 10 May 53 May 27 1 25 27 27 26 % May 18 33* May 18 23* May 18 4 May *29 283* May 31 3 X Mar. 2 63* Feb. 4 10% May 19 % Jan. 3 % Jan. 20 1 Apr. 22 % Jan. 31 23* May 18 61 Apr. 20 6% May 31 13* May 17 Mar. 15 2 X May 10 1 May 3 15 8 28 5 13 17 24 27 Feb. 17 Feb. 24 23* Jan. 6 30 5 25 5X Sale Sale 22 2 IX Sale Sale 9X Sale . 1 13 X Sale 10X 2 4 8 28 12 SB„i„ 9 2 22 X 2 * 6X 33 J* Sale 10 * Sale 33 9 12 11X 6X Sale Mar. 31 13* X 3* 13* 24 May May 13% May 5 May 10 May 16 May 63* May 26 173* May 31 IX May 27 20 May 29 4X May 1 May 3 5X May 11 5 May 3 24 63* May 17 50 3 9 5 20 22 20 17 17 3* Feb. 20 2 5 1 2 1 14 14 3 3* 29 May May 12 May 11% May 10 May 53 May 2X May 6 May Feb. 12% Apr. 16 20 5 7X May 16 IX Sale 2% Sale 10X 13 X IX 4X Sale 5% 7% 12 X Sale 18X 19X X 1 5 Gash sale. X May 20 X May 17 60 May 15 2X May " X May 1 10 5 X Sale 14 40 2 • X May 18 33* May 18 23* May 18 4 May 29 28 X May 31 3X May 15 33* May 9 10% May 19 Sale 8% 11 .* • X May 17 3X May 18 1% May 17 2 May 2 21 May 1 3X May 15 3X May 9 5 May 2 1 IX 2 75 IX i No par value 1} 3} 13 h 3 4X 7X Sale 20 100 Mapes Cons Mfg capital * 206,696 Marshall Field A Co com * 850 Material Service Corp com.10 4 12X 10 IX 1,650 Manhatt-Dearborn Corp com* 51 5 6 4 UX 1* 5 9 49 X 2 4 5 470 McQuay-Norris Mfg ...» 13,100 McWIIIiams Dredging Co....* 1,430 Mandel Bros Inc capital....* 1,450 Mer A Mfrs Sale ..50 160 McCord Rad & Mfg "A" 2,050 McGraw Electric com "l",250 • 7 Jk* 62 2,730 Lindsay Light com .....IP 13,950 Lindsay Nunn Pub $2 pref..* 4,950 Lion Oil Ref Co com. • 1,850 10 2 6X X IX 4X Sale 15 31 J* 30 LawbeckCorp6% cumpfdlOO 84,750 Libby, McNeill A Llbby.—10 3,500 Lincoln Printing Co com _..* 250 5 25 19 100 ... 850 La Salle Ext Unlv 200 4 IX 5X ..... Kellogg Switchboard com..10 1,790 Kentucky Util Jr cum pref.50 1,100 Ken-RadTube At Lpcom A * 3,600 Keystone Steel A Wire com.* 550 5 May May 17 May 16 May 9 May 3 May 1 May 10 May 2 16 1% Apr. 25 7X Apr. o5 9 1 13 580 ""480 2,220 7,700 4,150 Sale 2X 4X Sale 4,600 4,860 5,604 3,000 2,200 7X .... Sale 11 12 20 Investment Co of Amer com.* Iron Fireman Mfg Co v t c.._* "1,850 47,450 3,150 5 Sale 4 21 7,650 Illinois Brick Co -25 176 Illinois Nor Utilities pref.100 1,650 Indep Pneum Tool v t c ---• 1 4% 10 Sale 20 Hibb Spencer Bartlett com.25 13,100 69,960 3 % 11 3 4,040 Hormel A Co (Geo) com A..* 14,000 Houdallle-Hershey class A * 74,610 Class B • "3",240 Sale 3 IX 8 48,150 Great Lakes Aircraft A * 53,550 Great Lakes DAD com * 60 Grelf Bros Cooperage A com * 99,250 Greyhound Corp com ._* 145,600 Grlgsby-GrunowCocom • 9,500 Sale 5 100 Gardner Denver Co com * 790 General Candy Corp A 5 20 General Parts Corp conv pf_* 21,070 Godohaux Sugar Inc cl B * 780 2 43* • 100 Empire Gas & Fuel 7% pf.100 Fits Simons A Connell Dock 2,050 A Dredge Co com. 1,350 Jan. 21 2 * 5 ... 100 87,300 7 70X 2X Sale 296 Eddy Paper Corp (The).... • 18,830 El Household Util Corp. 220 11,400 Sale Sale Sale common 250 100 270 99",250 7 Sale 3 70 5% X 100 Decker (Alf) At Cohn Pref 100 '""250 32,800 39,400 1 60 Sale 4X Prior common.. 270 ..... 14 5X Sale 5H 100 9 X 6 Sale I* Sale X 2X 9X Sale ... 5 Preferred 110 220 1 % May 5 8 1 1 Dayton-Rubber Mfg— 210 1 4% Jan. 4 113* Mar. 23 IX Feb. 20 May 18 2 3X 3X ..... 3 25 400 Curtis Lighting Inc com 980 Curtis Mfg Co com 8X X 4X X Sale % 100 Preferred 57 X 3 4X * com 5X —~ 100 3,600 Continental Steel IS 2X Sale X Sale . 110 220 2,000 286,270 14,650 3,260 60* Sale 9 X 66,020 Commonwealth Edison. .100 2,206 Community Tel Co cum part * 1,050 Construe Mat'l Corp$33*pfd* 2,250 Consumers Co com 5 220 6% prior preferred A...100 100 3% Apr. 13 43* Feb. 28 4% Jan. 4 26 X 6 ... 100 350Coleman L'p & Stove 23 7 9X May IX 2X 3X Sale 5X Sale Sale 2.100 6,900|Club Aluminum Uten Co 700 1 X Sale 2 100 Common X X 2X Sale 21X Sale 3% 4X 3}* Sale 100 Prior Hen 3% Participating ctfs "I"..100 120 Chicago Towel Co conv pref * 269,620,Cities Service Co com * 300 3* Jan. 4 6% Feb. 27 2 May 31 1 Apr. 21 2% Apr. 21 5% Feb. 28 70 Jan. 14 12 2 3X 50, 20,500 14 X May 3X May 31 Feb. 24 Feb. 23 4 15 ... 40 10 22 8 11 6 12 2 Sale ..... T" 147,100 Chicago Ac N W Ry Com..100 ser 2X May 31 16X May 31 15 3 • 72,800 20! 9X X Sale }* Sale X X 33* Sale 24X Sale IX Sale 890 Chicago Electric Mfg A.....* 170 Chicago Flexible Shaft com.5 501 May 12 8X May 2 6X Sale ..... 12 • Common.... 320 Chicago Rys part ctf 5X May 31 2 1 a X IX sale 15 2X Sale 163* Sale 3X 8 22 X Sale Sale 8 Sa.e* 14% * 100 270 1 3% 10% 74 X 6 X 6X 5% Sale 11% * 1,000 Certificates of deposit 326,745 Chic Corp common 62,600 Preferred. 151,250 3X May 13 May 25 May 29 14 ----- 83* 1 com 23 6 14 X May 27 2X May 29 3 X May 22 16X May 31 84X May 27 8 May 31 8% May 18 4X May 17 10 X May 24 1 Sale 13 IX IX 6X 12 5X 14 X Sale 30 10 10 14 3X Sale 10 7% 9 31 12 4X Sale 11 2 * Participation preferred 200 1,000 Sale Sale IX Chic City A Con Ry— 7,900 15% 84}* 2 100 c common 370 Chain Belt Co com 160 Cherry Burrell Corp ..... 1 47,950 Central S W Util com new..* Prior lien preferred 3,370 ...» Preferred 5,312 80 Sale 1 preferred 4,370 Central Public Util A 40,850 2,030 2,460 3 ..... 5X 113* 1% May May May May May May May May May May 17 X May 31 6 12 Sale Sale 4 » 50 Central Ind Power pref 2,610 Cent Pub Serv Corp A 2,310 3 2% 6 * Cent III Secur Corp— Common 6,800 4,300 1,150 2 4% com 10 210 Cent Cold Storage Co com.20 5,310 Central 111 Pub 1 4% 3,000 Castle & Co (A M) "2". 170 2 4 » 20 11X Sale • pref conv Sale • 85,875 Butler Bros.................10 250 1 May 25 May 1 20 l4" Sale" "163* Sale" * 210 Bucyrus-Monighan class A..* 60", 800 6 ..... 12 X 10 com 7% preferred 15 60 1 Sale * 4,700 Brach Ac Sons (B J) com 1,400 Brown Fence & Wire ci A Class B 1,150 16,400 Bruce Co (E L) com 950 10 91^ pref 374,730 Borg-Warner Corp 200 5 12 % Jan. 30 % May 19 10 50 May May May May 10 24 31 27 Mar. 3 May May May May 29 31 10 29 % Mar. 16 15 Feb. 6 53* May 17 2% May 31 10 May 25 43* May 31 6% Apr. 10 4% May 27 14 May 25 36 May 27 3 Apr. 4% May May 163* May 13* Mar. 23* May 30 May 17% May 63* Jan % Mar. 23* May 31 . 24 26 9 31 23 31 24 31 13 15 24 Price STOCK EXCHANGE Jan. 3 In Since May. Jan. 1. stocks 1933. 114,840 3,100 1,990 400 90 210 Lowest. Ask. Ask. Bid. Bid. Highest. Lowest. Sale Prices. Sale Prices. Sale Prices. May 31. May 1. Ask. Shares. 120 Metropol Ind Co allot ctfs— 41",200 range since jan. 1. prices in may. CHICAGO aggregate sales. Shares. EXCHANGE STOCK CHICAGO 58 7 4 Sale 6 56,550 Mlckelberry's Food Prod coml 185,347 Middle West Utilities new..* $6 con*, pref. 'A" * 5,075 4,940 Midland (Jolted Co com....* Convertible ©referred— * 1,750 2% lien.-100 100 100 100 2 ' May 3 x May 2 1 May 5 x May 10 % May 9 1% May 24 Sale 3x 2' 3x Sale 250 Midland Utll 6% pr 630 7% prior Hen Preferred 6% Preferred 7% 130 80 180 500 700 Miller 100 A A Sale Sale IK Sale 3 5 ' May May May May May May 15 300 3 "3",400 1,100 90 530 600 50,666 59,950 230 1,050 1,030 8,200 1 Jan. ix Jan. Apr. pref. * com—1 conv. Sale" % x8 J ...100 27 4,760 National Standard com..—* 50 National Term part pref * 14 6% preferred ""850 25,425 Noblltt-Sparks Ind Inc com.* 2,550 * 3,450 North American Car com ■'O 450 North Amer Gas & El cl A...* 6,700 Nor Amer Lt Ac Power com..* ----- 450 Rights.. 570 "5,630 2,650 x May 2% 2* i 18 -2- 1 May ** May 5 ix May 11 5 21 13 x May 3 ix Sale 22 x Sale x May 12** May 5 8 Sale Sale 3x May X May 2x May 9 2 5 4** Sale x 1 ix 2x Sale May 29 22 8 1 3% Sale 90 260 8% Sale 4** 5x 5 8x 1 7x 7** Sale * * "§** 270 Nor West Utll pr Hen pref. 100 151 100 7% preferred 300 Omnibus Corp v t c com 470 Ontario Mfg Co com x Feb. 14 X May 5 9*1 23** May 31 8 6 Sale Sale 12x 5x 7x 5 May 5 May 17 May 11 3 7 7x 5** 10 5 May 2 2% Apr. x May 2 1J* Apr. 11 ** Mar. 18 8% May 8** May 26 8** May 26 5 May 26 5** May 24 8 May 6 7% May 19 9 Mar. May 31 1 May 31 3% May 31 5X May 24 * * Feb. 27 10 ix May 31 8X 8X 4 ** Feb. 3 ix May 11 27** Mar. 29 22 May 29 x Feb. 14 1** May 31 23** May 31 . 1 5 Feb. 1 28 Mar. 15 2 May May Jan. Mar. Mar. May 12 Feb. 5** Jan. 8 2** Jan. 30 5 Apr. 11 5x May 24 5** ** 10$* 8** 31 31 25 20 16 26 7 25 5** May 24 May 6 Feb, 21 4 May 29 May 16 ** Feb. 25 3 May 17 19 ** Mar. 15 ** Mar 1 27** Mar. 29 33 17 6 $4 Apr. 11 ** Feb. 25 ** Mar. 1 May 17 3 x Sale 13$* ix 1 x May 19 25 Feb. 1** May 29 8 May 20 7** May 11 ix Apr. ..... 14,480 Nori hwest Bancorp com 3,850 Northwest Eng Co com 20 300 220 Sale 24 29 24 19 5 31 29 15 10 4 J* May 30 3$* Mar. 18 14 25 24 May 31 13 Apr. Apr. ** Feb. ix Jan. 2 6$* May 29 19 May 16 Sale 1 *£ 850 National Union Radio com_.l 15,100 1,550 19 5X May 16 18% May 11 8 x 2X 2 6** Apr. ix May 29 8 May 26 7x May 11 1?* 17 May 31 4** May 25 x May 15 4x May 9 3 May 5 Sale 5x 5** Jan. May 4 May 12** May 1 Apr. 6 10 13 Jan. 4 23 8 5x 19** 3] 16 5 4 2 May 25 3 May May May l*i May 2 May 3 24 10 15 24 14 12** May 15 7x May 12 x Sale 2x 4 25x 35 1 Sale Trust— Nat Secur Invest Co Cumul. 4** 4 4 Sprlngfllled com.* National Battery Co pref—* Nat Elec Power A com * National Leather com 10 50 "2"£00 2 Nachman Nat Republic Invest 3$* 35 ix 3,850 Muskegon Mot Spec cl. A—* 450 Sale 2 21 190 Mosser Leather Corp com—* 3,320 3% 34 ] 4,850 Morgan Lithograph com.—* 90 9 3 26?4 * Preferred. 8 7 Modine Mfg com 560 Monroe Chemical Co com...* Mar. 30 4 ** Feb. 21 1 8,000 650 Feb. Jan. Feb. May Apr. May Feb. May 31 May 29 2 200 Minn-Moline Pow Imp com..* 7,450 Mar. 30 2** ** ** ** ** ix 25 24 24 29 24 2** May 26 4 May 26 8 x May 8 3 May 29 12 May 11 Sale 9 pref.* & Hart Inc conv Highest. Sale Price* 8 12 11 10 Oshkosh Overall Co— 2,650 300 1,700 1,700 100 42,400 4,850 7,000 1,750 2,110 560 5,890 674 10,725 1,060 10,200 300 2,810 * Common 10 100 10** Convertible preferred....* 210 * 23,955 Quaker Oats Co com Preferred.... 100 2,444 14,275 Railroad Shares Corp com..* 10 2,540 Rath Packing Co com * 17,650 Raytheon Mfg Co com 683 Reliance Internat Corp A..* 5,010 Reliance Mfg Co Common. 10 ..100 120 Rollins Hos Mills conv pref.* * 300 Ryan Car Co (The) com • com 52,600 50 150 1,150 18 j Sale 2 17 Sale 18** Sale on 5% Sale 36** Sale 36** Sale Sale 50 100 50 83 X 107 x 15x 2 corn- Sears Roebuck & Co com.. * i"J8 8 7* -X* x 18** 3x 250 Sivyer Steel Castings 6 * x 30 3,500 Standard Dredge conv pref_ Common ...» 3,050 25 12,300 Storkline Fur conv pref 150 Studebaker Mail Order com.* 150 250 11,050 27,260 Thompson (J R) 25 15 com 25 50 Transformer Corp of Am com* 290 12th St Store pref A 30 20 Wacker Drive S6 pref 160 6,850 * Union Carbide At Carbon 270 Convertible 430 U S Radio ft Telev com.. 81,815 5,400 9,240 20,450 ♦ 92,465 Utah Radio Products com..* 8,050 21,340 Utility Ac Ind Corp com Convertible preferred.... 29,700 '"150 150 Utilities Pow At Lt Corp A..* Common non-voting * 450 4 50 100 19,300 4,190 2,400 36,650 Preferred Wabl Co 3,350 71,850 Walgreen 50 70 3,710 Co ix 800 460 20x 102 com..""Ill" preferred._H_""I6o Ward (Montgom) Ac Co cl A. 410 Waukesha Motor Co com.. 2,290 Wayne Pump Co com Convertible preferred.."! 1,260 com 3 ~ 5x 1** x 25x 4x x Sale 89 8 May 2 550 Wieboldt Stores Inc com 500 Williams Oil-O-Matic com... 500 2 20** Sale 1 30 5 ix ix 4** ix x x Sale 8 5** • • 9 Sale 50 42 x x 4x -• Vs x 6.. x x 1 1% 2% 16 x Sale 23 x Sale 3 5** 3** 7** ** % Sale Sale Sale 1 Sale 2 Sale 2% 19** 27** 7** 8X Sale x x 2% - 12** x ix 14** Sale Sale 3 Sale" ix 2x ** May 11** May May 17 6$* May 27 1$* May 17 31$* May 31 6 May 10 7$* May 19 1$* May 19 4 May 15 ix May 12 44** May 25 5 $* May 31 4 May 31 8 May 27 ** May 18 $* May 31 2$* May 16 4 May 15 21** May 19 29** May 19 6$* May 24 1$* May 19 4 May 15 ** May 4 44 May 23 % May 3 ** May 4 4X May 10 ** May 18 ** May 20 ** May 6 2$* May 4 14$* May 9 22** May 2 3 May May May ** May 1 May 7 9 34** 2 1 3 35 39** 2** ** 40 3 1 25 16 4 15 17 32** May 2 May ** May 23 105 V* ix 3x 6/. 3 ix 3x 3x 1 2 4** 25 7 Sale Sale 25 25 18 19 x 81 90 54 Sale 20 x ix ix Sale 4 Sale 20 x x 14 x Sale 73** —73** Sale 15** 24 % ** i x Sale 2x 5 Sale Sale Sale 3 May 25 10$* May 19 12$* May 31 ** May 15 1** May 18 2 35** May 11 2$* May 29 ** May 2 24 ix 19 75** 75 20** 1 2** 2% 5x 30 27 1% Sale 85** Sale 30 Sale 4 1 "4x 5 May 29 9 39 5 May 5 105** May May 31 May 2 22 1$* May 31 May 2 1X May 17 May 10 -4$* May 25 May 1 2 33 May v Apr. 7 May 3 Jan. 25 Feb. 27 5 1 6 Feb. 27 Apr. 16 Apr. 16 Apr. 37** Apr. 40 Apr. 6 15 15 10 1 17 17 Feb. 63 Jan. 5 Feb. 4 May 16 16 6 16 3 3 18 20 12 4 14 Apr. Apr. 4 Mar. 31 May 15 Apr. 17 4 15 Feb. 2 Jan. J* Feb. 1 ** Jan. 18 Feb. Mar. May 24 6** May 9 19** May 4 25 May 24 10** May 29 24** May 23 17 1$* May 20 May 76 May 79$* May 25 May ix May 3 May ** 11** 75** 47** Jan. Feb. May Feb. 12 Feb. _ 24 29 11 13 27 31 26 6 7% Sale 1 2 2 1 May 20 5** May 4 2 May 22 4x 4 May 2 May 22 Sale 1 May 20 7X May 31 2 May 22 Apr. 4$* Feb. Apr. 20 6$* ** 1$* 31$* 6 May Feb. May May May 27 7 17 31 10 7$* May 19 1$* May 19 Jan. 17 1$* May 12 20 5$* May 31 4 May 31 8 May 27 ** May 18 $* May 31 2$* May 16 4 May 15 21** May 19 29** May 19 6 51 ** Jan. 3** Jan. 30 13 Jan. 12$* ** 2** $* May May Jan. Feb. 20 31 15 25 15 May 11 May 29 May 2 Feb. 10 29 28 31 31 17 25 21 24** May 23 1 20 Mar. 31 ** Feb. 1 Apr. 27 4 Apr. 21 2 May 22 1 $* May 24 May 29 82 x Mar. 22 1 23 16 Apr. 20 25 May 24 10** May 29 Mar. May 15 May J May May 20 May 12 ** May " 1$* May x 14** 75** 70** 20 4 20 25 Jan. 39 May 106** Jan. 22 May 1$* May 1$* May 4$* May 3% Jan. 2 May Mar. 101** Apr. 6$* Feb. $* Jan. x Feb. 1** Mar. 2$* Mar. 1 Jan. 35** 2$* ** 1% 1 3** 6** ** x $* Feb. & May 31 6** May 24 48 Jan. 9 47 Jan. 11 85 Jan. 12 95 Jan. 14 18 May 31 2** May 29 20 May 29 12** Feb. 23 20 3 May 27 May 24 3 10 17 Feb. Feb. 7 90 27 7 May 19 8 22 ih May 19 May 27 8 May 26 2$* Jan. 27 11$* May 31 Feb. ** Mar. ** Mar. Jan. May May Apr. May 12 8 27 x Jan. 3$* ** ** ** 2$* Feb. 117 1 ** Mar. 15 4 May 15 42 ** Apr. 117** May 27 ** Feb. 7 ** Mar. 15 13** Feb. 25 6 May 10 3 ** May 23 11** 2** 3 16 1 ix "3x 105** 8$* x $* 2** 5 Sale 7x Sale x x 13 x Sale 2 35 Sale 38** 109** 20** ix % Sale 1 ix 4** 2x Sale 4 4** 3x 1 ix ix 4 4 2% 33 x 104 9x ** Apr. Apr. $4 May 31 24 17 25 24 29 $* May 10 22$* May 9 6 May 10 5 2 115** May 23 106 Apr. 1x May 19 ** Jan. 27 May 27 15$* Jan. 8 May 26 IX Jan. 2** May 1** May 11x May 31 6 Feb. 90 May 83** Jan. 10 May 31 Mar. 5 2x May 29 ** Mar. 20 May 29 7% Mar. May Sale 3 x Sale 6 3 3 Sale 19 17 27 24 117** May 27 May May 89 Sale 6$* Sale ix 6 4% 4 110 Sale 7x 5 103 Sale Sale x May 20** May 4$* May ix May 9** May 70 Western Pow Lt & Tel cl A.. 50 350 Sale 19* Sale 12 - 10 — ..... 9 8X Sale .18$* ... 630 Western Grocer Co 90 x 17 x 6 24,350 130 76** 115 Sale 114** 109X 112 1** x x 26** 20x Sale 6 4% Sale 2** 2** Sale 9x 10x 11** 52* 26 * com..", "j J com Sale 62 73$* 8** May May May 3 May $* May 18** May 6** May 39** May 37 May 633* May 73** May 7 22 1 • * Vortex Cup Co Class A Sale 5% 7x 25 7x x 2x 100 Viking Pump Co common.._* 15,600 2,300 24 - 5 May 9 5 May 3 17** May 8 ix May 1 $* May 6 13$* May 18 2 May 8 23 May 1 23 May 1 47** May 10 53 May 4 May 22 » 20 joo Preferred 2x 25 preferred. U S Gypsum 19,450 20 I* 3X Sale x x 2x x ix 3x 7X Sale 14 x Sale * 200 United Gas Corp common..1 200 United Ptrs Ac Pubs com 150 100 "¥,050 10 301 Telephone Bond Ac Share A.* First preferred 100 950 860 900 * common. 529,500 Swift Ac Co stk 182,450 Swift Internacional 80 14,660 50 * com 200 Sutherland Paper 200 297,650 103,950 Class A 250 12,950 Super Maid Corp --§~ 15** 440 Southw GAcE Co 7% pref.100 2,600 2,500 2,800 Sale Sale Sale 60 23 x Southern Union Gas com.. 1,650 2 ix 12 110 Signode Steel Strap Co pf_30 Common * 200 com x 15x Sale 6 ix 3 104 Sale x Sale 100 Shaler Co (The) class A 100 90 Seaboard Utll Shares 18,550 104,350 12x ix x 21% • 60 bettboaru Pub Serv Co $0 pfd * 12",700 6 88 .... 780 Sangamo Electric Co_ 7x 6% Sale 5 5 10 May 22 10 78 ....... 6,350 Ryerson Ac Sons Inc 4 8 x 10% 18 ix 1 ix 10 x Sale 2x 3** 42 % Sale 39 45** 40 450 4 15** ix 230 4,100 -iO- 6 30 150 6* 2 2,950 Parker Pen Co (The) com..10 ..* 1,450 Penn Gas & Elec A com 1,850 Perfect Circle (The) Co.....* ..5 5,600 Pines Wlnterfront com 705 Potter Co (The) com * 96,900 Prima Co common.._.......* * 6,500 Process Corporation com * 19,850 Pub Serv of Nor 111 com Common 100 6,050 6% preferred ...100 4,830 7% preferred 100 1,670 Preferred 22H Mar. 15 79$* May 25 May 1** May 3 May 2** Apr. 1 Apr. 7** May 2 May 13 27 31 26 21 27 31 22 Wisconsin Bankshares— 1,800 10,400 Common new. 7X Sale 2 4** May 13 10 May 22 2 Apr. 2 Jan. 10 Woodruff & Edwards Inc— V 40 40 1,560 8,200 14,150 Participating class A 2,510 Yates-Amer Mach part pref.* 12,500 Yellow Cab Co Inc (Chic)..* 16,360 Zenith Radio Corp com..... •Nopar value. 1 Ex-dividend /•Casusa.e 9 x x x x 6 ** 10 $< Sale % Sale 2$* Sale 21** Sale 2** Sale % May 19 9** May ~ J* May 2 May 22 2$* May 27 21** May 31 2$* May 31 ** Jan. 6 Apr. 4 4 ** Mar. 15 May 22 2$* May 27 21** May 31 2$* May 31 RANGE OF PRICES ON PHILADELPHIA STOCK EXCHANGE Stock Sales. 1933. May. Jan. 1 to May 31 AGGREGATE SALES In PHILADELPHIA STOCK EXCHANGE Since Jan. 1. May. 20",600 May 31 1,000 1933. Adjustment 5s Bid. 108 Ask. 109 May 1. Bid. May 31. Ask 102 % 104 Bid. Lowest. Ask Highest. Sale Prices. Sale Keystone Tel 5s 1935 64% 33% 109% 13% 11% 105 % 106 4 500 500 Sale 21% Sale Sale 21 67 18; 17! 60 Sale 69 70 9 1 21% May 31 21 May 31 86 36 48 39 May 23 86 91% May"20 91% May 23 52 Lukens Stee Certificates i'5'900 . 4,375 1,750 ^ v 290 1,500 52,400 70,125 450 1,550 4,400 25 . 2,400 1,200 1,538 2,150 . 99 93% 33 30 Apr 43% Apr. 62% Apr. 100 93% Sale 99% Sale 108% 109 Sale 106 % 5s_ * No par. x 100 100 74 Phlla Insulated Wire Phila Rapid Transit Ex-dividend, 42 Feb. 7 44 Apr. 7 80 30 Feb. 28 Jan. 28 100 20 94% Jan. 14 34 Jan. 4 Jan. 93% 93% Feb. 107 Sale 103% May 1 107% May 29 Mar. 105% May 25 105% May 25 Mar. 103 May 6 103 May 6 103 May 103% Feb. 20 21 3 22 6 101 Feb. 14 24% May 20 99% 97% 102% 104% 93 May 15 93 May 15 16 Jan. 3 99! 110% Feb. P4 105% May 25 108 Feb. 9 20 103% Feb. 20 93 May 15 43 Mar. 28 93 May 15 61% Feb. 2 60 Feb. 7 60 31 29 Apr Apr. 7 7 47 Feb. Feb. 4 29 Apr. 9 7 44 Feb. 8 44 Feb. 4 51 Jan. 27 51 Jan. 27 51 Jan. 27 52% Jan. 50% Jan. 27 31 31 23% Apr. 6 36 Feb. 24 62 Feo. 28 40 * 50 100 * Preferred.. 81% Jan. 28 10 7 3 Feb. 18 89% Feo. 4 53 Jan. 23% Apr 45% Feb 72 Jan. 6 3 24 40 Feb. 18 89% Feb. 4 Par Inc of N J 30 . Feb. 24% May 20 1987 STOCKS 3 21% Feb. 18 Feb. 87 35 1973 . 10 18 Feb. Feb. 86% 23 104 3 89 80% 35 Clothier 5s '48 ..... 600 20 31 20 24 100 80% 23 1981 United Light & Rys 6s Mar. 15 91% May 20 30 1969 warrants • 40 m 112 3% 1% 4 10 115 6 2 5 1% 2 Sale 7% 8 108% Sale 3% 6 1 % Sale 4 Sale 44 45 6% 7. 111% Sale 9% 4% 15 Sale 19 21 32 39 40 33 Sale 83 .28 89 34 10 11 10 Sale 11% Sale 1% Sale 20 21% 35 23 90 20 94 83 20% 87% 90 32% 34% 7% Sale 11 Sale % % 1% 14% 26% 1 1% Sale Sale Sale 38 Sale 31 Sale 20 23 91 Sale 7% Sale 14% Sale 1% 1% 2 Sale 21% Sale 35% 45 40 95% Sale 30% Sale 19 21 1% 2 4 4 4% 4% 4% 20 % 23% 4% % 24% 5% 20 19 Sale Sale 2% 22% 91 41 100 8% 19% Sale 42% 1 m 2% 5% i 2 Sale 22% 85 30 101 4 Sale Sale 24 45 1 May 29 8 7% May 2 1 111% May 31 17 33 »8 a* May 6% May May May 1 1% May 1 May 1 9 May 21 1% May 1 18 May 15 1% Sale 35 22 40 108 30 Feb. 6% May Mar. Mar. ""3% Sale' "l% May""2 "3% May~31 34 50 4,320 7% preferred 50 4,169 Phlla 9c Reading Coal 9c Iron* 6,850 Philadelphia Traction.....50 200 ctf of deposit 450 Phila & Western Ry 50 740 Railroad Shares Corp * 445 Reading RR 50 3.300 Reliance Insurance 10 110 87% Jan. Jan 5,550 100 1 24 81 109,200 Penn road Corp v t c ..» 201,988 Pennsylvania RR 50 2,235 Penna Salt Manufactur'g.50 50 Philadelphia Co 6% pref—50 291 Phlla Dairy Prod pref.....25 5,240 Phlla Elec of Pa $5 pref • 17,500 Phila Elec Pow pref 25 """258 May 23 Apr .29 15,378 Insurance Co of N A 10 30,300 Lehigh Coal Ac Navigation..* 33,949 Lehigh Valley 50 Mitten Bank Sec 1,300 Corp 25 Preferred 3,200 25 300 Jan. 86 19 Electric Storage Battery..100 Fire Association 10 513 Horn 9c Hardart (Phlla) com.* 2,300 Horn 9c Hardart (N Y) com..* 4,400 8,800 5,875 70 1955 8,198 5,350 130 200 20 2 _ 48" "52" Southern Ry Co 6s 1956 Standard Pow & Light 6s 1957 458 Con Tract Feb. May 23 84% Jan. 18 86 Mayl31 22 12,120 Camden Fire Insurance....5 4,175 Central Airport 81 88% Feb. Feb. 23,100 Budd (E G) Mfg Co"""""1* 2,404 Preferred 100 10,100 Budd Wheel Co.. 1,348 Cambria Iron... II.—Lso 2,328 8,300 1,033 3,920 2,775 14 Mar. 15 Mar. 18 tr ctfs 4s... 1943 Strawbridge 9c 330 Bornot Feb. 22 6,440 American Stores 3,670 Bankers Securities pref 4,250 Bell Tell Co of Pa pref 400 1,050 28 30 49 "38" ... 1,600 6 Feo. 1940 1st 4s '35 4%8 1935 Penn Cent L 9c P 4^8—1977 Penn RR 6%a 1936 Penna Pow 9c Lt 4%a 1981 Shares. Apr. 33 May~20 1,000 Southern Pacific Co 4%s_ 1968 Shares. Jan. 15 17 s. 35" 2003 Lehigh Vail Trans A 1st Feb .125 Jan .f 27 May 31 37% Jan. 91% May 35^4 Jan. 49 | Mar. General 4s York Rys 5 Apr. 78% 33% 21% 21 68 15% May 17 % May 68 ......... 1,000 2,000 6,000 1,000 1,000 4 5 82 21% 68.. 4%s with 4%s Apr, 33 20 500 Reading 4s..... 1937 14,000 Standard Gas & Elec 6S..1935 1,000 Convertible 6s... 1935 8,000 6s 1951 1,000 6s. 1966 1,000 So East'n Pr & Lt 6s deb. 1957 1.000 2,000 Jan. 30 64% Jan. 31 Apr. 26 33% Apr. 26 Jan. 14 109% Jan. 14 Feb. 10 13% Feb. 10 9 7 Feb. 13% Feb. 78% Feb. 25 Lehigh & New Engl 5s... 1954 Lehigh Power 5c Light 6s.. Lehigh Valley 4%« —2003 13,000 s f 4a.l966 12,000 1971 1st 5s. 108,700 1966 1st 5s reg 2,500 1966 32,000 Phlla Elec Pow Co5H« .1972 5,000 Phlla Suburban Water 5s 1955 1,000 Highest. Sale Prices. 2000 Phlla Elec (Pa) 1st 1st Ac ref 4s 28,400 Lowest Sale Prices. Prices. Georgia Power 9c Lt 5%«_1967 Peoples Pass $501,900 2,312,302 RANGE SINCE JAN. 1. 6,000 Nat Dairy Products 5%s_1948 11,000 New Orl Pub Serv inc 6s..l949 4,000 21,000 1,000 12,000 10,000 1932. $138,100 459,888 PRICES IN MAY. 2,000 Delaware Elec Pow 5%s__1959 4,000 Denver & Rio Grande 4s. 1936 303,500 Elec & Peoples tr ctfs 4s. 1945 Certificates of deposit 13,788 1,500 Jan. 1 to Chic & North West 4%s_1949 Chic Milw St P & Pac Ry— 3,000 7,000 5,000 1,500 13,000 7,300 20,.00 16,000 2,000 1,000 15,000 2,721,304 1933. May Price BONDS 7,000 Bond Sales, 473,161 Jan. 3 % i 2,000 Baltimore & O 4%a stp..l933 1,000 4%s 1960 1,000 Bell Telephone 5s 1948 1,000 Chic R I & Pac conv 4%sl960 74,200 7,000 1932. Shares-1,138,269 2,812,474 1% 2% Sale 27% Sale 46 25 100 Sale 50 Sale 31% Sale 19 5% 5% 5% 20% 21 Sale Sale Sale Sale 33 May 4 2 22% May 82 May 4 20 May 3 85 May 25 38 May 1 7 May 9 14% May 1 % May 4 1 May 4 1% May 21% May 40 May 1 1 2 14 5 33% 12% 2% 20 May May May May May May 29 31 31 29 29 23 Mar. Mar. Apr. Apr. % Apr. 17 Mar. 21% Feb. 16 86 May 4 17% Jan. 25 80% Feb. 27 2 3 May 18 28 May 31 May 26 21% 91 41% 9 20% % 46 20 15 29 29 18 31 23 27 30 May 13 30 May 13 May 10 100% May 27 May 1 31 % May 24 May 29 19% May 29 May 2 2% May 27 3 May 3 5% May 16 4% May 2 5% May 31 18% May 5 21 May 17 94% 30 19% 1% 18 82 25 5% 8% % % Mar. 30 Mar. 31 Mar. 27 Feb. 25 Feb. 23 Feb. 23 1% 13% 25% 29% Mar. Jan. Mar. Jan. 30 May 93 Apr. 28% Apr. 19% Feb. 1% Mar. 3 Feb. 2% Feb. 1 32% 4 33% 54 4% 4 1% Sale 4% 1 May 5 36% May 10 4% May 10 1% May 18 54 May 31 4% May 11 15 ■J" Feb. Jan. Jan. Apr. Jan. 31 Apr, May May May 11 31 29 31 39% May 26 29% May 29 99 Jan. 24 Apr. 93% Jan. 41% May 9 May 20% May % Feb. 2 May 3 28 46 29% Jan. 42 33 20 18 21 21 29 18 31 3 27 May 18 May 31 May 26 17 Mar. 18 103% Jan. Jan. Jan. 9 17 23 2% May 27 6 Jan. 4 5% May 31 Mar. % % 25% 3% May 29 Feb.* 7 5 34% Jan. 12% May 29 2% Maj 29 20 Mayi23 Mar. 17 ... 6 Mar. 33 9 39% May 26 29% May 29 May May May May May May May May 45 m Jan. 20 Feb. 4 Feb. 1 May 18 May 31 4% Jan. 12 54 PHILADELPHIA STOCK EXCHANGE 60 Price STOCK EXCHANGE Jan. 3 Since STOCKS. Jan. 1. 519 Scott Paper * Series B 6% preferred—100 299 Series A 7% preferred —100 166 * 3,550 Seaboard Utilities Corp.. 101 Sale IK 21K Sale 100 (J S Dairy Prod com 20 K Sale H K 8K Sale Sale Sale class B Sale • 5K K ,.LM. i§ 50 3,373,867 Jan. 1 to May 31 In Since Jan. 1. BONDS Ask. Bid. * East Mass StRR sec A 78,000 39,550 17,800 4,250 100 —- 80 Boston Elevated 100 66 67 67 1st preferred class A....100 1,003 Ser B 1st pref stamped.. 100 11 1st preferred class B Sale Sale 10K Prior pref. stamped * Ser A 1st pref stamped..100 100 30 1,040 Ser D 1st pref stamped..100 12 28 28 1st preferred class D 9,894 246 100 169 Boston At Providence.....100 552 Chic Jc^Ry A USY pref.100 May 25 May 24 72 May 25 May 24 107 K 100 53 Sale Sale 222 East Mass St Ry Co.......100 First preferred.........100 66 130K 82 18 Sale Sale 16K 16K 128 Sale Sale 15 22 Sale 10 1 133" 80 83 K 84 50c —- 130 95c 100 85 ..... 6K 2 3 i* 1 20 12 K 31c 3 IK 6 100 10 Sale 13 K 25 12 50c 100 16,390 NYNHfc Hartford 40 58 100 Adjustment 613 1,386 Maine Central Preferred 175 20 19 Sale 12 75c 25c 100 Preferred B__ 105 Sale 103 60 K 5 mil 2 May 16 107 K May 25 5 6 105 May May 8K May 23 May 16K May 12 May 15 May 20 May 12K May 17 May 13 May May 130 75 May 62 May 14 15 3 2K May IK May 18K Sale 23 24 Sale 71 84 78 Sale 821 Old Colony 100 73 K 80 76 K 13 K Sale 21 % Sale Sale 81 31,693 Pennsylvania RR.........50 100 341 Prov & Worcester Ry K 84 115 105 78 108 5 15 May May 17 K May May May May 15 May 10 May 40 May 18 May 15 May 25 May 20 May 22 May 27 May 16 May 130 May 84K May 67 May 68 108K May May 21K May 105 May 73 Sale 84 80 Mar. 25 31 • 29 27 K May 91 May 31 Feb. 3 1 98 K Feb. 29 May 29 Apr. 21 5 11 Apr. 22 Apr. 3 34 32 33 K Apr. 33 Feb. Feb. 3 105 70 27 6 14 23 15 26 10 24 40 9 5,291 6,614 2,805 910 285 36,074 16,733 27,440 Amer At Continental First preferred..........50 30,640 Andes Petroleum. a 25 50 Preferred 115,641 Amer Telep 5c Teleg 24,767 Amoskeag Mfg Go value, Corp..* Amer Pneumatic Service Assesrnent paid 100 * 4 Sale 27c 50c 2K ..... 18 IK Sale 2 Ex-divldend. 70c Sale r 5K Sale 65c 1 4 Sale Sale lOOK Sale' 117K 3K 6c 1 t Sale Oash «ale. Sale 7c 8K 14c Sale Sale Sale 6 May 1 1 May 6 4 May 1 17 12 May 22 98 K May 2 120K 9 3K May 1 14c 5c May 4 4 40c 2 May May May May May May May 15 May May May 12 22 May 10 27 May 16 18 May 1 135K Feb. 27 Jan. 23 85 3 26 25 26 Apr. 7 67 Mar. 1 7 15 May 4 23 2 11K Mar. 74 Apr. 20 81 Apr. 12 Mar. 15 73 Jan. 11 May 29 26 K May 31 Jan. 4 77 20 84 Jan. 80 May 26 27 K May 31 Mar. 25 10 115 Feb. 8 5 8 3 6 3 Mar. 24 25c Mar. 31 1 IK 7K 86 K IK Apr. 3 4 5c May 10 IK May 31 4K May 29 4K May 29 2 May 24 5 31 29 31 31 29 29 31 5 26 26 29 26 31 31 23 31 29 23 20 Jan. Feb. 70 May May May May May 23 28 13 K Jan. 108 Apr. Feb. 25 Jan. 5 17 2 12 7 104 4 50c 6 May 29 10 MISCELLANEOUS— 2,085 1,650 1,405 24 Feb. 10 IK Jan. May 14 2 May 24 Jan. 18 May 25 Apr. 13 38 Apr. 13 38 102 K Feb. 14 102K Feb. 14 17 72 53 53 May 24 97K Jan. 18 97H 95 Feb. 3 107 K 69 17c May May 11 2 ._K 27 K May ll6 May 26 Apr. 24 20c IK May 4K May 4K May 2 May 9K May 23 May 26 K May 80 78 14 85 25 Jan. 29 80 27 60K Apr. 5K Apr. 5 6 Feb. 26 8K May 26 Feb. 29 17 Feb. 6 26 12 May 31 10 Apr. 31 May 23 20 8 Apr. 31 29 14K Jan. 13 May 23 23 128K Apr. Jan. 25 82 May 10 62 92 90 88 27 K May May 8 22 75 6 4K Sale 100 47 Northern RR... 137 Norwich & Worcester pf.100 5 Vermont & Massachusetts 100 80 K May 53 K May 50c 2K 24 Sale 1 — 82 12 100 20 Conn & Pass 387 May 97 28 Mar. Prices. May 25 May 11 58 3 Jan. Jan. 98K 100K Sale 12 61 May 29 30 K May 12 23 May 24 33 81M 5 Ser G 1st pref stamped..100 482 5,839 93 29 53 107K Sale 6K 30 175 29 Feb. 31 17 May May 27 K May 34 May 88 May 96 May 28 33 33 ..... 414 156 101 4 1 Highest. Sale Prices. 25 11 11 21 27 23 58 25K May 17 28 May 2 72 23 9 453 480 27 K 30 100 Preferred 65 1,171 970,450 Lowest. 31K May 12 Sale 31 Sale 33 May May 14 6,929 4,022 1,305 93 12 65 415 97 29 stpd.* * com stamped 1932. 439,650 Sale Prices. Par. Boston & Albany 418 20 88 95 55 103 102 2,965 53 155 31 $174,750 Highest. Sale 43 K May 2 25 May 8 25 May 26 27 K May 23 82 29K 78K 92 . 27 Sale 65 72 70 93 K 1,000 Massachusetts Gas Co 5Ks *46 1935 37,000 P C Pocahontas deb 7s. 1,000 Power Gas & Water 5s..1948 1944 1,000 Swift & Co 58 & Maine t? 31 67 12 Jan. RANGE SINCE JAN. 1. Sale Prices. 83 Sale 25 1934 Preferred 34 29 K 5s Boston -26 26 25 K "27" III- 500 74 22 24 25 6,000 477 30 30 69 5 60 27 K "93" 98 1948 STOCKS 48 22 24 City Mem At BIrm 4s.1934 3,883 11,306 43 88 95K 1948 _ Bid. 86 ...1948 Series C 6s Jan 1 Series D 6s Ask. 20 17 15 "27"" III- Kan 250 V 1933. - Lowest. May 31. Ask. Bid. 42 K 20 43 38 4Hl 1948 Series B 5s 241 226 May 19 $138,400 Jan. 1 to May 31. May 1. 1933. ..1948 96,900 Amoskeag Mfg Co 6s 1946 20,000 Brown Co 5K« AKs 1950 6,000 11,000 Canad'n Intl Paper Co 6s. 1949 30,000 Chic Jet Ry & U S Yds 4S.1940 5s 1940 48,000 Shares. 1,781 4,690 Feb. 1 Mar. 20 Jan. 3 May. Shares. 4 Price 8TOCK 12",000 4 Feb. 4K May 11 IK Jan. 10 May 26 May 23 40 PRICES IN MAY. BOSTON EXCHANGE AGGREGATE SALES. 500 7K May 27 Mar. 31 May 1 IK Feb. 4 3K Feb. 8 1 Mar. 28 May 472,195 2,840,364 S/tares.1,482,815 500 1 Apr. 26 6 3 20 K Jan. 11 Jan. 11 12 K Jan. Mar. 86 5 4 18 May 3 14 29 15 4K May 11 1 May 9 5Vs May 26 5K May 23 49 May 5 31 9 17 23 19 30 K Jan, Feb. K Jan. 12 3K Mar. 29 Bond Sales. 1932. 1933. . 31666 % Jan. 1 2 31 27 May 11 3 May 20 Feb. 18 Jan. 1 19 STOCK EXCHANGE RANGE OF PRICES ON BOSTON 34,000 7,750 May 24 May 11 May 11 K# May % May 8K May 7K May 20 May 95 May 16 Ex-dividend. Slock Sales. " May 1 May 5K May 5K May 40 May 9 50 45 50 31 4 10 5 May 8 May 4 May 1 May 27 May 9 May 1 86 1 6 4% Sale * 246 W Jersey Ac Seashore RR 3 4 10 .* 19K Sale z92 K Sale 1 5 4 Sale Sale 98 K 1 * com 2,600 Victory Insurance Co 1,050 Warner Company.. 1,125 Westmoreland, Inc. 1,750 Westmoreland Coal t 21,000 13,000 6,000 3,000 13,000 20,000 K K 6K 7K 17 K May W* 95 Apr. 9 Mar. 21 20 104 IK May 24 K Jan. 21 99 K Jan. 5 May 6 Sale « 6K Sale 20 K 25 Apr. 28 Jan. 28 38K May 16 92 « 4 IK 30 5 May 5 102 K May 4 IK 5 IK May 2 19 May 20 23 Certificates of deposit 200 300,398 United Gas Impt Preferred 4,667 x 29K Highest. Sale Prices. 102 101 100 K o Sale 1 Lowest. Sale Prices. 92 ioo'" 105 100 Highest. Sale Prices. 34 K May 45 Q9 90 25 10,500 Shreve El Dorado Pipe L 1,032 Tacony-Palmyra Bridge.—-* 30 Telephone Security pref—.50 90,700 Tonopah-Belmont Devel —1 ...1 24,800 Tonopali Mining 50 17,950 Union Traction No par value, 30 31 29 Lowest. Sale Prices. Ask. Ask. Bid. 30 Bid. Ask Bid. May 31. Mayl. 1933. Par. Shares. May. RANGE SINCE JAN. 1. PRICES IN MAY. PHILADELPHIA AGGREGATE SALES, 12 May 29 May 31 May 31 Jan. 17 Feb. 7 Apr. 18 120 K May 29 9 May 29 Mar. 22 14c May 31 Apr. 21 June, 1933.] BOSTON AGGREGATE SALES PRICES IN MAY. May. Shares. 2,152 880 75 — - 460 4,211 1,790 3,965 6,382 195 706 2.775 1,985 120 318 9,551 14 17 Sale 13 19 45 Sale 55 Sale Sale 45 55 8 2 X Sale 2 1H 53 353 25 5% 35 85 5 4 1 8X 4% 40 Sale 7 Sale 33 90 60 X * 35 105 Sale 137 6 19 14% 1% 2% Sale Sale 3 * 18 Sale 5 3X 1 Sale Sale * 7 Sale 1% 1% 2% 12 X Sale * 51X 11% 38 90 15 149% 8 3 21X Sale IX 3 Sale 14 Sale 12 16 15 75c May 4X May Sale 56 May Sale 38% May Sale 6 May Sale 34 May 95 105 May 14 16% May Sale 133 May Sale 5X May 2% 10 May 2 May 11 May 1 2 May 6 2X May 18 8 2X May «\y* Sale 2 1 * Preferred 1,058 10 3X 2X 14% Sale _ 80 Sale 78 50c 57 173" Sale" * 8,108 General Capital Corp 501 Georgian, Inc (The) A pref 35 Sale 5% 28 9 IX 1% 67% First preferred. 100 875 Economy Grocery Stores...* 87 Hatha way's Bakeries cl A Class B 495 Highest. Sale Prices 12 50c 5 205 13,081 Edison Else Illumination. 100 8,308 Employers' Group Assoc T C. 81 Ask Sale 190 Continental Securities Cnrt 5 215 Lowest. Sale Prices. May 31. Ask. Bid. 37 common 714 Gilchrist Corp... 9,801 Gillette Safety Rasor Co Bid. Sale 8 Sale 50 100 305 Crown Cork Internet Corp 10 1,076 Bast Boston Lena. 12,587 Eastern Gas Ar Fuel Asan com 4H% Cum Prior pref... 100 4,753 6% Cum preferred 100 8,450 14,741 Eastern SS Lines. Inc Preferred ♦ 2,120 100 May 1. Ask 7% Sale • Preferred.. 330 Brown Ac Durrel Co 650 3,850 1933. Bid. 2,670 Boston Personal Prop Tr_ _100 1,474 Brown A Co 6% Cum pref. 100 50 . STOCKS 5,670 Bigelow-Sanford Carpet. 175 1,073 RANGE SINCE JAN. 1. Price Jan. 3 Since Jan. 1. Shares. 61 EXCHANGE BOSTON STOCK EXCHANGE In STOCK 25 6 17 May May 9X May 5 May 2X May 2X May 1 Lowest. 27 31 8 29 15 6 May May May May May May May May May May 25 31 31 31 31 31 27 10 29 25 May 1 1X May 5 IX May 11 11% May 2 2 May 5 2 May 5 15% May 29 May May May May May 2 May 24% May 27 3 31 5 25 25 25 18 24 1 8X 2 60 X 1 15 18 27 1 51X 11% 38 95 16% 3 150 4 17 8 22% 1 % 3% 14% 2% Highest. Sale Prices. 6 Feb. 2 28 Feb. 23 6% Apr. 4 1% Jan. 3 1 % Feb. 28 1% Mar. 2% Mar. Apr. 3% Apr. 54 Apr. * Preferred 24 18 55 ..... 22 X 70 X Sale 80 May 4 May 10 70 70 May 16 May 10 967 ing Machine Co 1,003 1,597 Internet Hydro-Elec Co..... 2,078 550 1,402 11,177 3,147 5,497 v t c Mergenthaler Linotype 100 Nat Service Co com shs tr ctfs 90 New Engl Equity Corp. * New England Public Service 10,175 100 15,403 Pacific Mill* 120 Public Utility Holding com.l 230 Ry A Lt Sec Co common 10 1,019 Reece Button Hole Mach 693 Reece Folding Mach.... 10 23,855 Shawmut Assa T C 22,039 Stone A Webster Inc cap stk 25 36,167 Swift A Co 6,411 Torrlngton Co 125 7,815 11,709 19,041 2,899 73 10,539 22,028 1,006 100 100 1,535 100 230 350 21,744 .... 5 673 Union Twist Drill. 800 United Carr Fastener Corp .. 22,021 United Founders Corp com 1 57,171 United Shoe Mach Corp...25 Preferred 4,713 ....25 547 U S Elec Power Corp...... * Utility Equities Corp 55.50 dlv priority stk allot ctfs.. 150 880 Venezuela Mexican OH CrplO 4,483 Waldorf System Inc ...» * 430 Waltham Watch class B 18 2% 3X Sale 8 Sale 20 25c 50c 10 9 11 7X Sale 5 5% 6 Sale 23 ~2~~ Sale 28 2 22 X Sale 2 60 Mar. 2 3 Sale 92 7% Sale 25 75 2 IX 2 1 9% May 25 7% May 31 3% May 1 5 May 22 1X May 10 20 May 23 IX May 8 5% May 29 6 May 11 2% May 8 28 May 13 1% May 8 2X IX May May 4 1 90 If ay 29 14% Sale 21% Sale 14 X May 1 23 May 18 9 May 24 May 26 7% 6X Sale IX 1 Sale 6X 8 Sale 7 7% Sale 30% 8 10 1% Sale 33% Sale 31% Sale 50c % 10 9% Sale 16 X Sale 5 Sale 8 1 40 Sale Sale 30 31X Sale 9 % 7% X Sale 10 6 X May 10 May 1 May 1 X May 10 IX May 17 47% May 31 31% May 1 % May 10 8 9 Sale 15 28 Sale 9 All 25 50 fl* 34 X 25 75 Sale Sale 40 31 50 8 1 % May 11 10 May 29 43 7% Sale 5 12% l8 Safe 12 30 Sale 40 6X Sale "l% 40c 13 % 10 15X 50 Sale 5 6X IX 4 75 3 Sale May 7X May 5 May 10 May 30 May May May 4 May IX May 23 19 15 ift 24 40c May 8% May 5 May 16 May 43 May 14% May 25 May 6 May 3 May 23 15 15 20 20 19 27 16 31 11% May 31 Feb. 38 82 Jan. May 31 95 May 27 16% May 10 11% Feb. Mar. Jan. 133 5 183 8 13% Mar. 27 1 Mar. 27 1% May 11 10% Apr. 21 1 Apr. 12 50c Feb. 15 15% May 29 22% 1% 3 % 20% 2% Jan. 9 May 25 May Apr. May Jan. May 27 22 25 11 5 2 May 25 24% Apr. 20 12 Feb. 25 24 64 Jan. 25 70 8% Feb. 2% Apr. 4 10% Jan. 25 7% May 31 1% Feb. 18 May 22 1% Apr. 6 15% Feb. 18 5% May 19 6 May 11 2% Jan. 5 9 5 40c Mar. 18 Jan. 23 1% Mar. 18 72 Apr. 10 5% Mar. 2 % Mar. 31 28 May 16 May 10 Jan. 13 1 % May 8 19% Jan. 24 4 Jan. 17 94 Jan. 5 23 25c May 18 Feb. 24 Mar. 16 9 Jan. 4% Jan. 13 1 May 1 8 May 26 8 6% Jan. 11 5% Feb. 28 Feb. 25 7 22 5 Apr. 1 Apr. 25 1% Feb. 24 X Apr. 20 33 Jan. 3 30% Jan. 18 % Jan. 6 Mar. 17 25c Feb. 23 Mar. 30 Feb. 23 1% Jan. 10 May 16% May 22% May 37 May 12 May 2% Apr. 1% May 47% May 5 Jan. 5 Feb. 25 Apr. 18 Apr. 27 Jan. 10 18 11 6 29 17 19 31 31 25 17 31 32 Jan. 1 Jan. 9 42 Jan. 24 Mar. 23 5% 3% 9% 30 2% 9% 5% Feb. common 17 Jan. 28 7X Sale 59 IX 16% May 17 22% May 19 37 May 31 12 May 31 1 12 10 3% May 5 May 15 May 1 May 1 May 1 May 8 May 9 May 10 6 36 29 3 8 7X Sale IX IX 9X Sale 14 X Sale 19 X Sale 32 41 3% May 27 75 25 7 9 Sale Sale 79 5 7% 3 86% Sale 7% 6% IX Sale 79 50c Convertible preferred 283 Warren (S D) A Co... 376 Westfleld Mfg Co car stock.. 410 Wilson A Jones May May 5 Feb. 5 18 IX 300 273 220 9 14 100 Prior preferred 507 28,511 Warren Bros--... 290 11 Sale ...100 Preferred 815 11 ! 1% New * 3,038 14,382 New England Tel A Tel...100 687 I 7% 2 * 1,695 5,038 351 • 10 Loew's Theatres Mass UtII Associates 1 28 284 Llbby McNeil Libby 55 3,953 CO ^ .11 9 May 31 Jan. 23 23 Internet Button Hole Sew¬ 110 May 6 Apr. 11 Jan. 70 Hygrade-Sylvania Lamp— Com stk Jan. 3 May 27 9% May 8 5 May 29 2% Apr. 24 55 19 2% 21% X sx 50c 35 Sale Prices. Jan. 5 10 8* Jan. 20 5 Jan. 31 16 43 May May 14% May 25 May 6 May 3 May 5% Feb. 20 20 19 27 16 31 18 MINING— 3,641 7.632 5,704 Calumet A Hecta 15,702 Copper Range Co 25 500 Hardy Coal Co 1 100 Hancock Consol Mining...25 376 Island Creek Coal 1 Preferred 11 ..........1 100 61 m - «• « - •» 2,795 500 735 388 63 3,765 Isle Royal Copper.. 3,460 Keeweenah Copper 3,085 LaSalle Copper...... 915 14 * 50 10c 50c 12X 13% 19% 85% 20X 75c 25 51c ......5 50 Norma nd a Mines 34,329 North Butte... 9% 15 IX Sale 60c 11 10 Sale 20 ----- Sale 1 4,240 Old Dominion Co. 25 5,268 Pond Cr Pocahontas Co * 11,521 Oulncy Mining Co 28 710 Union Land A Copper Mln Co 13,295 Utah Apex Mining..... 5 50c 60c .... Utah Metal A Tunnal. Ex-dlvldend. r 4X May 2X May 1 1 8% May 31 6 May 31 1 1% Feb. 1% Apr. IX Sale Sale 12 ?X IX 10c 27 X 50c 28X 85% IX Sale May 19 May 11 10?* 12 10 2% ~~2X 10c May 19 21% May 17 3 1 1 May 7% May X May IX May 8 9 1 2 10 2 13c 90c May 31 May May 8 12 May 29 8% May 22 % May 1 2% May 29 11 7 10 10c May 19 14 Jan. 85 X May May May 13c 88c Sale" IX 10c 19 Jan. Mar. % Jan. 6 3 6 10c Jan. 9 60c Feb. 6 8 Apr. 11 7% Apr. 10 % May 1 85c 30c 65 Sale 75 9 51c Sale IX Sale 16 X Sale '31c" Sale" 30c 35c 50c 8c 75c 25c X Sale 53c Sale X Sale 2% Sale 20c Sale IX Sale 70c Sale 30c May X may o May 12% May 13 50c May 1 74 20c 65c 51c May 31 May 10 May 8 May May May May May 1% May 78c May 31 31 26 31 31 19 17 Jan. 21 20% Feb. 30c x Sale * 25c No par value 50c 13c 88c 2.50 55,695 4X Sale 2% Sale 10 30c 100 2% 2 Sale 10c 25 Common 2,382 Niplssiag Mines. m^ 2% IX 25 1,245 Mohawk Mining Co 25 220 New River Co preferred...100 14 22,811 2,900 1,725 7,057 200 10,420 26,575 25 7 Jan. 4 20c 40c Apr. 26 9% Jan. 12 30c 5c 31c 25c Feb. 21 Jan. 10 Jan. 3 Jan. 11 8% 2% 10c 10c 21% 85 2 35c 90c May 31 Apr. 25 Jan. Mar. 3 May 31 Apr. 25 May 8 13% Feb. 15 10 May 19Maj 17 Jan. 15 3 1 % May 2% May 2 20% Feb. o 55c May 3r 1% May 3i 17% May 2, 2% May 3<» 25c Mar. 1, 1% May May 78c ll ll Cash sale 7 \ RANGE OF PRICES ON Stock Sales. May 31-- 167,743 PRICES IN Since Jan. 1. BONDS STOCKS Shares. 1,030 40 540 1% 2,592 564 10 306 2,149 3,588 30 923 462 315 4,554 78 41 1,322 ■' Sale 5 1H 43 Edwards (Wm) pref 100 265 Elec Controller & Mfg..—-• * 1,577 Faultless Rubber """26 100 23* 110 Sale 109 694 Corrlgan McKinney voting.. 1 479 Non-voting. 1 * 8,045 Dow Chemical Preferred 100 135 ""538 572 100 75 718 Cliffs Corporation v t c • 750 Columbus Auto Parts pref 200 Commercial Bookbinding—* 305 '1*086 18 18* }§* * 58 m 100 ..100 75 63 5,884 200 70 25 1,773 6,355 2,923 2nd 14 * * ... Company 358 Medusa Portland Cement...* 113 Metropolitan Paving Brick..* * 2,512 Mohawk Rubber. 100 10 52 441 111 2,205 50 250 ""150 ""389 8,637 ~7~,221 416 830 38 15,386 877 3,205 2% 40* Sale Sale 2% 2X 15 3 18 A ~ * * ._....* 10 Preferred.. National Acme.. ♦ Preferred 100 65 _* 250 Otis Steel 30 Packard Electric stamped...* Ohio Brass"B".. Packer Corporation 60 Paragon Refining B 3d end.* * 1,271 Patterson-Sargent. * 17,503 Rlchman Bros 150 Robbins & Myers pref v t c .25 11,456 Seiberllng Rubber.......—* . — Preferred ..........100 1,344 Selby Shoe 162 Sheriff Street Market 22,238 Sherwin-Williams 1,415 Preferred... 40 Swartwout No par value. it* 14% 4 8% 1 7% 2X 11% "3s 8 57 39 Sale 96 '26" 20 X 25 18 32% 3% 33 30 50 55 50 60 Sale 9X Sale 6 7X X IX 28 X Sale "26" 1 14 May 11 May 11 May May 17 May 23 May 9 May 5 2% May 6 6 May 31 35 3 4% 9% 3 3% 20% 10 May 50 May IX May 18 5% 4X IX IX }$ 1 24 25 5 3 —— Sale 3 Sale Sale 4 Sale 5 May 9 38% May 3 3 X May 20 2 Sale" "I" 1 2 IX 5 10 * "4" 3 16 20 4% May 12 12" Sale 20" 80 82 13 1 75 13 Mar. 27 2 3% Jan. 19 2% Feb. 16 12 Jan. May 31 May 27 Mar. 27 33 Jan. 2 Jan. 8 X May 18 46 May 29 60 May 31 1% May 18 40 5 'l2HMity"23 30 Jan. 26 4 1% Jan. 26 47% Apr. 10 31 02 X Jan. 5 17 12 Jan. 5 8 9 5% Mar. 21 7 Apr. 46 6 Apr. 25 29 Feb. 23 1% May 18 Feb. 14 5% Jan. 11 40% May 29 10X Feb. 23 Mar. 20 May 29 60 May 31 IX May 18 6 Jan. 25 5% Jan. 11 56 40 X May 29 35% May 29 May May 5 15 May May 19% May 29 5 May May 125 6 120 May Sale 4 3 May 24 1% May 24 2 May 8 May 24 2% May 23 37% 60 2% Sale % 20% 3% May May 2 May 3 May X May 1 29 31 12 13 29 26 29 23 24 23 18 17 15 May May 4 May 22 5 Sale 90 55 Sale 55 23 20% May 7% May 20% 6 18 20 22 Sale 43 Sale 3 5 27 20 29 29 27 29 May 27 13% May 15 29% May 1 20 May 29 43% May 29 4% 17 Sale 20% 13 X 10 3 15 May May 8 6 13 % May 5 6 May 24 May 1 20 Sale Sale 38" Sale 20 80 90 95 80 9 80 7 12 X 28 May 5 11 30 Feb. 11 Mar. 31 8 6 May 5 4% May May 20 May 6 May 38% May 91 May 16 31 29 31 24 Mar. 24 5% Feb. 3 38 X Jan. Feb. 52 26 2X X 1% X X 14 4 Jan. Mar. 22 May 24 Jan. 18 Feb. 24 2X Apr. 24 Mar. 30 0% Apr. 18 Apr. 19 9 1% Feb. 15 1 May 2 6 Feb. 25 2 Apr. 22 1 Mar. 23 5 May 29 May 5 Apr. 15 3 8 2 140 110 3 30 1 Apr. 18 May Jan. 4 18 8 May X Apr. 28 20% May 22 5% Jan. 11 Feb. 18 4 6 May X Jan. 24 2 Feb. 8 X Feb. 16 4 9X Jan. 22X Apr. 18 Jan. Jan. 18 17 May 24 2% May 23 9 4% Jan. May 19 Apr. 19 May 3 ¥ 20 x May 9 May 4 May 3 May 5 May 7 May 19% May 5 27 20 29 29 27 29 1 Mar. 25 Apr. 19 10 Jan. 20 6 Feb. 10 29 13% Feb. 24 27 70 Mar. 22 Feb. May 29 0 Jan. 55 10 X Apr. 21 21 2% May 29 3% May 23 X May 24 Jan. 24 13 14% May 18 May 17 0% May 15 55 7* 20^ Jan. 24 Apr. 25 Feb. 16 May 29 43% May 29 Jan. 6 10 5 X Jan. 24 Feb. 1 Feb. 1 93 Apr. 18 0% May 31 May 12 140 May 12 Mar. 25 122% Feb. 16 3 44 2 May 24 X Mar. 22 IX May 24 4 Apr. 28 77% Mar. 23 2 12% May 23 Jan. 19 70 38 X Jan. 26 4 48 Apr. 1 7 Sale Mar. 31 11 Feb. 93 May May May May ox May 14 4 34 Feb. 3 2% May 5 May 20}$ May 9 May 4% May 3% May 5 May 7 May 19% May 140 30 Sale 23% Mar. 31 15 X Mar. 29 38% May OX May May 122 May 6 May 40 May 2% May 3X May 5 3 1 27 20 4 29 140 15 510 15 2X 7 Jan. 10% Jan. 27 8 May 5 10% May 23 2% Jan. 27 21 12 % May 19 May 3 2% May 29 9 9 15 Feb. Apr. 20 120* 20 X 12 4 24 10 4% May 1% May 3 3 29 X Jan. 2 24 5 122 3X X 15 Sale Apr. 19 May 12 1 1 43X Feb. May 10 12 X May 27 22 May 25 2% May 23 9 6% Sale 3X 9X 40 Feb. 43 34 5 3 183* 15 18 3 25 29 X 5 15 Feb. "15" 11 .X 7% 116" 2*-T- Apr. Apr. X Feb. 11 17% Jan. May 150 45* 34 6 6 X Jan. May 12 22X May 5 Jan. 14 95X Mar. 31 110 22 10 May 31 May 27 33 May 12 2% May 6 28 May 5 2% 19% 15 21 4 24 Feb. 20 35 2X 2X 7 5% 90 5 May 31 52 14 40X May 29 28 May 2 IX May 24 30 1 4% 16 2 23 Feb. 18 7 Feb. May 31 93 2% 16 76 3 Apr. 21 98 ----- 6 ..... 4 1 Apr. Apr. 9% Apr. 46 Apr. X Jan. 4 3 3 "16" 1 2 13 Mar. 20 96 May 12 10 X May 31 55 May 26 . _ 50 IX ■15 1 Apr. 2 May 12 10% May 31 35 May 26 98 Apr. 2U 12 May 29 May 29 12 13 12 3X 4 X Feb. 25 29 50 9 7 30 42 2X 2% Feb. May 17 May 12 May 6 19 32 28 35% Sale 6* 60 53 40 10 14% 14 1% Jan. 18 1 % Feb. Apr. 13 8 15 28 7 * * May 7 Feb. 20 10 Sale 35 16 IX 5 10 Mar. 27 32X 2X 26 2 5 "l% "2~ ....25 100 6 May 16 May 31 Apr. 22 2 6 11 11 17 45 5 31 8 10 5 12 5 23 11 98 X Feb. 88 Jan. May 12 65 May 8 May 10 May 31 31X May 16 18 103 32X May 32 May X May 60% May 8 May 4% May 15 Sale 4 2 Jan 65 22% May May 32X May 37 May X May 80 May 8 May 8 May 10% May 2% May May May IX May 4 200 100 52 National Tool pref ..* 464 Nestle Le Mut"A" 478 Nineteen Hundred Corp' A"* 466 5X 11X 98 98 2 _ 570 62 Sale 5X 100 10 National City 120 Sale 1,062 National Carbon pfd.....100 3h 4 3,675 National Refining........25 48 100 Preferred. .....100 1,131 1 IX * National Tile— 3,010 4,186 IX W% 22 10 12X May 18 1 2 Jan. 14 80 70 74 100 Preferred 26 Standard Oil of Ohio pref. 100 • 60 Htouffer Corp "A" * 12 5% 39 22 200 McKeeB.... 140 Murray Ohio 230 Myers F B k Bro 733 9% 1 6 60 9 80 2% Lamion Sessions....— 140 1,831 1,062 2,009 ~T* 1 .... ....10 * * 700 Kaynee 1,857 Kelly Island L&T 200 200 2 3 238 Jaeger Machine.... 6,635 Sale 33 10 -JH 12 65 May 10 12 X May 20 20 28 * .... India Tire & Rubber.. 200 "1,670 "... 97 14% * Interlake SS... 463 Korach 36 - X ~60~~ 2 45 ....100 preferred 45 68 57 55 Hlgbee 1st preferred.... .100 56 22% Sale 103 100 * 4 May 12 May 6 78 "21" ♦ Preferred 230 Hanna M A J7 pref 440 Harbauer 60 H arris-Sey bold-Potter " ""593 36 45 A ... 610 50 Sale 30 381 Great Lakes Towing..—..100 Preferred. —.100 58 .* 619 Greif Bros Cooperage 100 598 Guardian Trust 10 590 Halle Brothers Preferred 100 139 5~275 ~35% 30 - May 17 65 100 7,649 ""loo 25 Sale 9% * 6 45 4% May 5 May 12 2 May 6 49% May 12 75 55 ~"~X A* 40 6% preferred 763 100 Geometric Stamping 95 Glidden prior pref 81 Goodrich (B F) 12 % 11 65% 17 X Sale 13 X 95 166"" -* Foote Burt May 16 May 31 May 4 5 "Jx 83 "75 49 200 Fostoria Pressed Steel Corp.* 25 1,141 General Tire & Rubber 1,280 ""162 14 7 Sale" 30 Federal Knitting Mills 7 "31" 30 10 45 65 Sale 2% ■J 73 ♦ 267 Ferry Cap & Set Screw 210 Firestone T & R 6% pref__100 1,290 21,191 Goodyear Tire & Rubber...* 20 Goodyear 1st preferred.. """89 60 H Sale 39^ 40% 35 150 "12" w Certificates of deposit.. 100 1,843 1.305 Cleveland Securities prior pf» 150 ...100 117 3,111 Cleveland Trust 11 9% * 140 Cleveland Union Stkyds 3% 4% * 3,003 Cleveland Worsted Mills 870 749 "% 75 preflOO 100 Elec 111 6% 420 Cleveland Rys 5 "T" 4!* 2 2% ""% 100 3.304 Cleveland 30 423 3X 50 * 2 May 24 May 4 X Feb. Sale 100 Mar. 21 X Jan. 31 May 16 2 10 15 X 40 1« 100 Clark Fred G 353 Cleveland Cliffs Iron pref—* 983 Sale 5 11 * Pref Highest. Sale Prices. 2 3 2X -* Canfield Oil preferred 100 Central United National 20 Chase Brass & Cop pfd—100 City Ice Ac Fuel * 266 ""348 IX Preferred 210 Byers Machine A 2 Lowest. Sale Prices. 84 Par. 15 Prior pref 225 Brown Fence & Wire "B" Highest. Sale Prices. 91% Feb. 21 - 115 American 785 Apex Electric...... 15 Lowest. Ask. Bid. 108X 80% Sale * i—* * Vitrified Prod—50 Allen Industries. Ask. Bid. 90 650 Aetna Rubber 730 135 175 Ask. Sale Prices. May 31. May 1. 1933. Bid. S 1933 57,000 Cleveland Railway 5s 25,000 Firestone of California 5s '42 25 RANGE SINCE JAN. 1. MAY. Jan. 3 In May. """260 $37,900 Price STOCK EXCHANGE Shares. 15 $82,000 May 31 Jan. 1 to CLEVELAND AGGREGATE SALES 1032. May 31,339 184,557 - 1933. Bond Sales. 89,362 Shares_ May Jan. 1 to CLEVELAND STOCK EXCHANGE 1932. 1933. ■ ib 20 6 6 May 31 May 29 May 31 Feb. 10 38% May 29 91 May 27 77% Mar. 23 5 'X CLEVELAND STOCK EXCHANGE AGGREGATE SALES. In May. Jan. 1. Shares. PRICES IN MAY. 390 200 Jan "2", 572 STOCKS 10 Truscon Steel pref. 14,404 2,590 Bid. Van Dorn """425 ''May 1. Ask. 55* Bid. Ask. 75 73 986 Weinberger Drug— Highest. 10 Lowest. Sale Prices. Prices. Sale Prices. 95* May 17 May 17 May 18 85* May 10 May 17 May 18 2 5* 15* 25* 35* 3 75* "S" 75* 9 35* .. ♦ 15* May 12 8 564 95* May 17 Jan. 25 60 Jan. 25 May 18 30 May Jan. May Feb. Jan. 18 15 19 18 28 5* Mar. 28 % Apr. 28 15* Mar. 23 35* May 19 7 Highest. 60 6 105*. 35* 15* 85* May 22 May 7 Feb. 3 Feb. 7 145* Jan. if* 25 145* Jan. 25 17 9 10 Feb. 50 May 29 6 200 Youngstown Sheet 8c Tube.* 193 1. 30 Sale 155 West Res Inv Corp pr pref 100 50 300 White Motor Preferred JAN. Sale Prices 65* Feb. 23 60 30 60 30 5* * Sale 12 55* 75 ........ Tool Lowest. May 31. Ask. Bid. ..100 Union Trust..............25 110 Vlchek SINCE 3 1933. Par. 650 Thompson Products Inc * 393 Trumbull-Cllffs preferred 100 10 RANGE Price Since Shares. CLEVELAND STOCK EXCHANGE 63 10 100 15 25 35 38 49 51 39 50 May 12 May 29 18 Feb. 175* Feb. 3 7 Feb. 17 RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Stock Sales. 1933. Shares Jan. 1 to May 31 AGGREGATE SALES. 1932. 377,712 63,256 778,139 May 481,515 Jan. 1. BONDS Par. 7,000 19,000 Shares. 913 45,716 Blaw-Knox Co m m — 1,375 15.093 » 20 Byers (A. M.) pref -100 1,555 Clark (D L) Candy.... 30,749 Columbia Gas 8c Electric * 25 25 Consolidated Ice... 485 1,877 Devonian 110 3,525 Oil If ....... Products 275 Follansbee Bros pref 150 Preferred 10 m 330 Jones Ac Laughlin St'l pf-.lOO 3,860 Coppers Gas 8c Coke pref.100 m m m ~ — 2,922 375 1,600 a. mm — m - 7,260 15,429 126 3,520 7,848 21,812 7,895 28,995 170 6,500 mm mm mm mm mm m 175,470 Lone Star Gas • 100 McKinney Mfg............_* 6,073 Meats Machine .5 28,995 Renner Brewing Co 220 Ruud Mfg 9,800 San Toy Mining 6,400 Shamrock Oil 8c Gas 72 15 14,207 6,340 6,226 1,655 15,184 5,500 1,300 3,377 34,878 13,105 2,900 56 May May 1 9 82 May 27 May 26 125* May 35* 45* 3 17 May 29 12 15J* Sale 7 1H 8ale T"::::: Sale 8 3 ;ir 155* Sale 7H Sale 15* May 25* May 75* May 135* 75* Sale 85* 5H Sale Sale 45* Sale 5H 4H 2 Sale 9 5 25* 195* Sale 15* Sale 23 Sale 2 Sale Prices. Mar. 16 Mar. 15 56 82 55* Apr. 4 75* Apr. 26 17 8 Feb. 14 Jan. 25 15 8 1 Feb. 16 35 65 May 27 May 26 Sale 7 50 May 35* May 31 35* May 27 15 May 15 May 5 155* May 1 1 May 25 15 15 1 25* Apr. 19 45* Feb. 28 4 75* May 31 185* May 31 1 May 25 8 May 5 15* May 13 195* May 1 15* May 12 135* Sale 185* Sale ~2~" Sale" 15* Sale 85* May 20 2 May 29 May 5 25* May 2 22 135* May 1 May 5 May 5 May 4 May 29 May 1 3 Sale Sale 64 Sale 75* Sale 9 Sale 7 175* Sale 11 50 Sale Sale 25* 5 45* 4 5c 25 425* Apr. 29 3 May 5 95* Apr. 1 1 May 25 7 Apr. 1 15* May 13 10 55* 7c 75* Sale 17 Sale 38 1 135* 2 8H 14M 2H 9 25 Mar. 3 May 31 May 27 May 15 May 29 425* Apr. 29 75* May 31 185* May 31 1 May 25 85* May 20 2 Feb. 22 May 14 5 May 195* May 31 605* May 5 2 3 75 65 2 May 1 May 31 May 29 May 22 95* May 31 15* Jan. 3 25* Mar. 16 4 1 Jan. 65* Feb. 21 605* May 5 15* Mar. 21 2 37 Mar. 22 Feb. 9 45 Mar. 23 5 Mar. 31 5c May 1 May 4 May 20 18 5 . 5c May 16 May 15 May 20 7 Feb. 25 2 Apr. 29 May 20 5c 28 6% Sale 25* Sale 19$ 31 205* 4 Sale 8 Sale Sale 55* Sale 165* Sale 1 4 55* May 165* May 12 38 May 4 15* May 3 20 May 1 35* May 12 7 May 3 9 40 41 May May May 3 May 315* May 6 May 165* May 24 27 24 17 29 17 31 195* 605* 35* 45* Jan. 75 May May Mar. Mar. May 65 Jan. 4 31 5 17 16 29 6 95* May 31 15* Mar.28 18 5 5c " May 16 Apr. 29 May 20 Jan. 10 28 Jan. Jan. 11 10 Mar. 16 10 Mar. 2 165* Jan. 27 15* Feb. 20 40 27 24 17 20 17 31 13 Mar. 28 15* Feb. 25 65* Feb. 25 | May 41 May 3 May 315* May 6 May 165* May _ 10 12 Sale I 15* May 29 May 25 May 2 8 2c 2 12 3c * 12 15 T ^Western Public Service....* 125* 75* 10 185* Sale Sale Sale 75* Sale' 285* Sale 435* Sale Sale" 5 May 4 145* May 2 1 May 12 55* May 4 215* May 2 345* May 9 9 20 1 May 12 May 31 May 5 May 17 May 8 May 12 15* May 29 2 6 Mar. 24 12 lc Feb. 23 1 15* Sale * Westlnghouse Air Brake.. * Westghouse El Ac Mfg.. 50 Feb. 15* Mar.28 11 5} 12! Jan. 15 May 29 31 31 May 29 Jan. 20 Feb. 18 1 3X 49 750 Standard Steel Spring. * United Engine A Fdy • United States Glass.......25 4,662 1,525 21,862 18,280 15,785 100 45 87 Sale .... 771 Nat Fireprooflng Corp pref 50 1,600 Phoenix Oil com.........25c 100 Pittsburgh Bess & L Erie..50 16,026 Pittsburg Brewing 50 63,168 Preferred.. .......50 386 Pittsburgh Coal Co pref..100 4,280 Pittsburgh Forgtngs. * 12,825 Pittsburgh Plate Glass 25 31,053 Pitts Screw 8c Bolt Corp • 12,935 Plymouth Oil 6 400 2,300 Highest. Prices. 8 60 75 ...100 5,830 Independent Brewing....450 6,500 Preferred... 50 85,569 Lowest. Sale 7 Sale * 1,090 3,024 1,255 Highest. Sale Prices. 20 100 108,467 Fort Pittsburgh Brewing... 1 350 Hachmeister-Ltnd Co • 5,288 Harb-Walker Refrac com. 150 Lowest. 73 50 -210 Electric 180 30,717 Ask. Par 32,517 — $8,000 RANGE SINCE JAN. 1. Sale Prices. May 31. Ask. Bid. 30 Aluminum Goods Mfg 275 Amer Fruit Growers pref.100 10 Amer Window Glass pref.100 16,392 ■» m Bid. 45 2,506 Arkansas Nat Gas Corp 2,792 Preferred .......10 24,907 Armstrong Cork Co * 434 May 1. Ask. 1,695 Allegheny Steal mm 66,000 IN MAY. 11 STOCKS Shares. • Bid. 37,000 Independent Brewing 6s_1955 29,000 Pittsburgh Brewing 6s..1949 810 May 31 PRICES Jan. 3 1933. * 1932. Price Since May. 1933. $26,000 Jan. 1 to PITTSBURGH STOCK EXCHANGE In Bond Sales. May Feb. 15 1 Feb. 3 Mar. 1 9 Feb. 1 20 May 17 May 8 Mar. 2 10 1 3c 1 May 12 May 31 Apr. 24 Mar. 15 2 75* May 29 May 31 455* May 29 45* Mar. 31 3 125* Jan. 195* Feb. 25 75* May 29 May 31 455* May 29 8 May 29 255* May 29 5 Apr. 10 95* Feb. 27 265* Jan. 31 29 29 UNLISTED. 503 Copperweld Steel • General Motors Corp......10 Gulf Oil Corp Leonard Oil Development..25 2,033 Lone Star Gas 6% pref...100 130 411 8,123 1,882 872 14,563 •No par 4H% preferred 641 Penroad Corp 20,963 1,882 6,390 35,639 13,727 value, a; United States Steel $West Public Service 100 r 75* Sale 255* Sale Sale 15c 655* 78 "50c" Sale' Sale' 66" Sale' 76 Sale 50 25 100 v c Cash sale, _* 145* Sale 22 Sale 305* Sale 285* Sale 55* Sale 35 49 Sale t Listed 46 50c 76 May 24 May 27 May 31 80 * ..... 55* May 9 205* May 4 375* May 1 50c May 27 66 May 1 on Mar. ^ale 16. Sold 271 8] Sale Sale 525* Sale as 15* May 8 215* May 1 7 May 26 345* May 1 455* May 9 unlisted prior to that 25* May 17 275* May 31 85* May 31 35 May 1 535* May 31 datt$ 15c Jan. 9 65 Apr. 1 8 May 255* May 46 May 50c May 76 May 80 22 375* Sale * v t c Pennsylvania RR Radio Corp Standard Oil of N J Ex-dividend, 3 125* Sale 25 Jan. 5 80 1 Apr. 3 135* Feb. 25 7 May 26 23 Mar. 1 235* Feb 28 45* Mar. 2 Jan. 29 29 24 27 31 5 25* May 17 275* May 31 85* May 31 35 May 1 535* May 31 55* Jan. 9 Baltimore Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BALTIMORE May 1932. 90,144 256,353 Shares_ Jan. 1 to May 31 aggregate sales. STOCK EXCHANGE Bond Sales. 1933. 26,874 134,522 Stock Sales. RANGE SINCE JAN. 1. Price Jan. 3 In Since May. Jan. 1. BONDS May 1. 1933. Bid. BALTIMORE CITY BONDS— Ask. Bid. Ask Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. May 31. Bid. Ask 500 1,000 1943 93 ...1962 87 4s 2d Water 48 Conduit 1,600 2,466 25,500 1,000 3,300 100 48 Jones Falls 1,000 4s Sewerage 48 Dock Loan 4s . 94 May 26 88 1980 Co. Nth Div 1st 5s 77 May 16 May 15 10*$ May 29 12*$ May 11 12*$ May 10 May 5 1005$ May 25 96 May 12 96*$ May 12 12 1942 1934 99*$ 96*$ 100 98*$ 1935 . 96 Consol Gas gen 4*$s. 1954 Consol Gas El Lt & Pr...l935 i Danville Trac 1st 5s. i 1,000 1 Florida Cent & Pen 5s Georgia & Ala 6*$s_1934 95*$ • Bankers 16 9 > Sec i First 4s (flat)... 1949 11*1 STOCKS. 1 Arundel 15 50 1 Atlantic Coast L 20 May 15 May 9 13 Sale" 10 *$ 1 9*$ Sale 13 common.. Sale 27*$ 100 30 9 52*$ May 31 2*$ May 31 52*$ May 31 3 May 17 11 12 "n"::::: 2 2 *$ May 2 10*$ May 12 23 Sale 40 Sale 12*$ May 9 May 11 31 24*$ May 29 May 25 40 1 6*$ Sale 7 May 1 May 4 11 112*$ May 1 115 13 10 May 11 20 May 5 20*$ 75 May 19 75 19 May 3 20*$ 2 i Commercial Credit Corp com. Commercial Credit pref B..25 19 1st preferred.....100 7% preferred 25 Saie 112*$ Sale 115 Sale ..... 75 72*$ 19 May May May May May May May 31 29 31 23 17 31 24 Sale Sale Consol Gas E L & Power 1 60 • 780 160 • Fidelity & Guar Fire Corp. 10 Fidelity & Deposit ..50 350 1,519 121 1015$ Sale ...100 Emerson Bromo Selts A 435 1 Finance Co of Am class A * Class B com Common class i Finance 45 6c 1*$ 23 *$ 6 34 Service Mfrs Finance 2J$ ..... 10 Sale 98*$ Sale 20 Sale 7*$ Sale 25 Sale Sale 20 Sale 11 Sale 38 Sale Sale 55$ Sale 4*$ Mav 19 35$ May 4 7 Amsterdam Sale 6 2*$ Sale 4 Sale 2 25 Sale 28*$ 15 Sale 25 ::::: "H*$ * 16 Casualty. Central Preferred > May May May May 31 May May May May May 29 18 31 31 1 27 24 27 8 23 11 38 4 4*$ May 19 55$ May 31 May 24 28 17 Sale 10*$ Sale 14*$ Sale 61 50 70 65 Sale _• May 1 23 May 4 11 May 4 50c May 16 15 May 1 1 May 18 10*$ May 3 63 May 3 40 May 1 7 May 31 4*$ May 27 May 14*$ May 50c May 27 May 1 May 14*$ May 71 May 54*$ May 29 31 29 16 29 18 27 31 29 Standard Gas Jan. 27 * No par value. 6 12 52*$ May 31 27A May 31 5*$ Apr. 10 3 Jan. 4 135$ Jan. 31 8*$ Apr. Y Apr. 8*$ Apr. 1*$ Feb. 2o rR 13*6 Jan. 6 91*$ May May 116*$ Feb. 13 May 20* May 18*$ 43 103*$ 97 Feb. 8 May 29 24* Jan. 16 May 31 38 May 31 5 3*$ May Apr. Apr. Apr. Apr. Mar. 40c Mar. 6*$ Apr. 1 U S Fidelity 8t Guar 20c 10 3?$ Sale 3 Sale 4*$ Sale 2 *$ May 0 5 May 13 Apr. 26 20 9*$ Feb. 17 Feb. 3 27 Apr. 8 May 29 May 31 14*$ Jan. 20 Apr. 10 May 29 1 May 18 6 17*$ Jan. 27 71 9 11 13 5c 13 12c Jan. 10 1 % Mar. 20 Jan. 18 60 Mar. Jan. Jan. Jan. 5*$ May 31 Mar. Jan. 11 7 5 5 0 1*$ Mar. 19*$ Jan. 10 Mar. 50c Apr. 9*$ Mar. 1 May 7 Apr. 63*$ Apr. 1 Jan. Apr. 4*$ Apr. 4*$ Apr. 4 4*$ 45$ 4*$ 2*$ 4 40c 7 7 23 17 20 H May 24 Jan. 12 Jan. 4 65 110*$ Feb. 10 Jan. 30 107 Jan. 3 102 Feb. 2 20c 1*$ Feb. 15*$ Apr. 4*$ Mar. 15 Mar. 40 31 29 7 Jan. 70 May 25 Jan. 9 Feb. 8 11 May Apr. Apr. Mar. Mar. Mar Apr. Apr. Apr. Apr. Apr. 4% 18*$ 9 1 Feb. 112 8 6c 40 Feb. 1 5 Feb. 24*$ May Feb. 9% Apr. 13 % Apr. 1 Jan. 5c 25 100 Equip pref United Porto Rican Sug pfd United PortoRican Sugar com United Rys 8c Electric.....50 21,740 16 Jan. Southern Bankers Secur Corp : May 25 Feb. 2*$ Feb. 3 5*$ Apr. 10 2 3% • Penna Water 8c Power 1,511 4*$ May 13 20 May 1 7 May JL 22*$ May 3 35$ May ,9 3*$ Sale 3 .25 Northern 2 61 1 108 995$ 1 99 1 25 Transp New 145 Apr. 28 12*$ Jan. Apr. 4 Common 5,536 May 915$ May 4 Mt Vern-Woodb Mills pref 3 98 8 .25 Monon W Penn P S pref Mort Bond 8c Title 391 47*$ May 103*$ May t__25 Second preferred 24 4 4 4 preferred. 10 100 Maryland Cas Co 142 Sale .... 100 10 B common v Merch Ac Miners 915$ Sale 60 106 cl A..10 1st preferred... 190 17,870 1,897 Sale Sale Houston Oil preferred 4,590 47*$ Sale 103*$ Sale 98 * Finance Service : Sale 104 Eastern Rolling Mill : 64 109 100 Consolidation Coal "555 • 100 6% preferred ser D 5*$% pref ser E__. 5% preferred " 15 30 52 Y May 31 17 Convertible A 192 18* 6c 5 50 ~4~956 May 3 Apr. 11 May 26 20 May 9 6*$ Apr. 12 98 6 2*$ Sale 116 6*4% *$ May 0Y May 5 * common i Ches&PotTel of Bait pf_„100 10 15 50 May 20 May Apr. Apr. 22 May 9 May 3*$ Apr. 6c 16*$ Sale 50 99 163 23 Apr. 2 9 Preferred 155 22 9 2 May 25 May 22 * * (Conn) 100 ) Black & Decker ! 17 7 Feb. 103 98 May 2 May 6 May 15 21 par. Corporation Preferred 348 3 May 26 4 11 Baltimore Tube 16,679 Feb. 1936 Appalachian Corp 851 May "2*$ Sale" 1949 Shares. 10,464 9 106% Feb. May 15 50 52*$ Sale 2*$ Sale First 6s (flat) Income 4s (flat) n Feb. 100 Feb. 98 55 (flat) i 1 24 Apr. 26 101 Corp United Porto Rican 6*$s flat United Ry & El funded 5s l 13,000 6,000 41,000 11 15 12*$ May May 96 May 1065$ Feb. 3 15 5% coll. trust notes 1938 Wash Bait & Anp 5s (flat) 1941 1 Feb. 9 101 100 May 26 May 9 5% (flat). 1961 1 North Avenue Market 6s. 1940 Southern Feb. 24 100 Feb. May 20 5%. 1947 Elec Ry 6*$8...1957 Norfolk & Sou 8 100*$ Feb. 15 100*$ Feb. 15 88 May 16 May 16 88 Jan. 20 74*$ May 12 91 Jan. 31 10*1 May 23 12 98 97 (flat) 1942 1 Maryland 1,000 3,000 98 5s (flat).. 1 Macon Dublin & Sav 8,000 4,000 Shares. 96*$ 1943 con 1 Lake Roland 1st 5s T666 Feb. May 26 Apr. 13 100*$ Jan. 31 Apr. 10 Apr. 10 93 15 15 1941 1 Finance Co of Amer Feb. 103 Fairmount & Clark Tr 5s 1938 2",000 Feb. 94 Balto _ Commercial Credit 6s 5*$s 11 May 16 74*$ May 12 10*$ May 23 1955 SparPt&Ches43$s.l953 88 6 Feb. 21 16 102 Jan. May 26 93 1937 Trac 94 91 Bait Jan. 6 100 Feb. 21 100 101 3 *$8 Balto 94 May 26 1947 _ 13 May 16 92*$ May 19 Jan. 13 May 13 100 87 1947 4s Harbor 3,000 3,000 1,500 Jan. 90 995$ Feb. 21 101 -.1948 Water Jan. 13 100 Jan. 20 May 13 100 Feb. 9 Apr. 15 102 91*$ Apr. 19 91 % Apr. 19 LOO - 4s Harbor Serial- Jan. LOO school loan 00% May 18 92 Apr. 17 Apr. 11 92 92 LOO 93 1957 _ 4s 3rd Sewer Ser (cpn) 4s 2nd School Loan 2,000 1,100 2,000 92*$ May 19 87 May 13 87 1951 Laon.. Engine House 4s 2nd May 16 May 13 May 26 LOO 1951 1954 Improvement.. 1951 4s Paving 4s 2nd 94 ...1952 School 4s Annex 4s May 13 1957 Library. 4s Annex Improvement. 100 Sale 1957 House 4s Public 4s 3rd 87 90 100 1958 Airport 48 School 4,000 1,200 87 905$ May 18 91 Apr. 13 92 Apr. 11 87 1958 _ 87 LOO 1960 - - Loan. Apr. 93 LOO 94 May 26 905$ May 18 1961 .... 4s Conduit 4s Water May 19 May 9 87 87 May 12 905$ May 18 1961 . 93 May 19 May 9 90% 1961 . Impt 4s Burnt District 3,100 2,000 11 100 Apr. 11 May 19 May 19 93 1 May 9 101 y Feb. Jan. 13 Jan. 13 100 8 May 12 102 y Feb. LOO 500 500 $147,000 400,700 609,400 Jan. 1 to May 31 PRICES IN MAY. BALTIMORE STOCK EXCHANGE 1932. 1933. $106,900 May. Jan. 23 5c Jan. 4 Apr. 1 Jan. 9 11 13 6c Jan. Feb. 17 15 14c 5 May 13 RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock Sales. 1933. May Shares_ Jan. 1 to May 31 Jan. 1. % 1933 2,000 2,000 10:666 10,000 1947 "1:660 1,000 4,000 Shares. 2,400 200 "i;206 30,500 155 400 "1:425 11 1,400 1,150 13,900 800 >6°5° 100 3,500 100 " 1,367 1,600 ""700 182 100 14,966 "i",266 700 1,200 400 500 600 276 3,600 200 liaOO 7,200 2,200 5,200 20 106 101 62 47 50 1955 1957 5s 1942 Pacific Light 8c Power 5s. 1942 So Calif Edison 5s 1951 18 965* 20 60 63 104 105 .1952 104 1954 104 1045* 1045* 1045* Gas5>*s.l952 101 102 88 89 5s.. 5s 4H« 1961 So Calif Telephone 5s 1947 So Counties Gas 45*8__._1968 Union OH of Calif 6s 1942 5s. 1945 STOCKS 1045* 1055* 88 89 1035* 86 2,200 Barnsdall Oil Corp A 25 38,300 Bolsa Chica OH Corp A 10 876 Broadway Dept Store pfd.100 900 Byron Jackson.. ....» 1,450 California Bank 25 1,770 Calif Packing Corp .....25 Discount 875* • 3,100 Douglas Aircraft Inc 2,000 Emsco Derr 8t Equip Co * VA 30 1 9 * 400 Hal Roach Studios 8% pfd.25 7,900 Hancock OH Co A ...» 1,700 Internet Re-lniur Corp 10 231 L A Athletic Club 10 5,575 L A Gas 8c Elec 6% pref...100 L A Investment Co ..10 500 Monolith Portl Cem com....* Preferred 2,500 10 1,158 Mortgage Guarantee Co..100 200 Pac Amer Fire Ins Co 200 Pacific Clay Products... 165* "2s if" 45* Sale 310 6 6 10 6 10 a* Sale 33 4 55* 6 92 A ..... 55* 65* Sale 200 19,800 1,218 4,200 4,200 6,100 300 300 74 12 6,400 31,200 174 """166 118,800 40 44,400 300 """166 * pref com 2,000 Taylor Milling Corp 329 Title Insur 8c Trust Co 287,100 Transamerica Corp 146 Union Bank 8c Trust Co 121,000 Union OH of Calif 2254 35* 23 27 105* 12 75* Sale 15 1454 4 25* 260 85* 654 65* 65 35 5 276 95* 254 115* 6 7 Sale 65* 75* 54 88* 83K Sale 12 30 3 14 293 80 65 25* 9 "115* 10 80 Sale 35* 1 100 6 4554 Feb. 27 45 5 May 4554 May 5 May 25 100 May 2 94 May 25 May 2 \i* 10554 10454 9254 10054 10754 9854 Prices 13 Jan. May Jan. Jan. 24 5 25 23 4554 1454 4554 10654 10454 10054 Apr. 12 Apr. 6 100 Jan. 17 107 23 Mar. Feb. Feb. Jan. May 1 6 27 24 5 Jan. 20 Jan. Jan. 23 Apr. 18 6 17 Jan. 94 May 2 10454 Feb. Jan. 9654 Apr. 25 105 103 Jan. 20 103 54 Jan. 24 Mar. 1 Feb. 15 10254 Apr. May 29 8354 May 29 May 4 102 May 4 May 1 9054 May 25 62 20 24 Jan. 92 » 25 • 25 • 3h VA 105 102 45* Sale 15* 70 ^ % 80 "50" 30 Sale 5 y4 35* Sale 4 83 102 83 Mar. . 1 May May 4 1 105 9254 10254 9154 10454 9054 25 1954 May 26 15* May 19 Jan. 10 18 20 25 Apr. 4 Jan. 2n Jan. 2^ May 2* 3 1 May 10 25* May 1 8 23 26 May 55* May May 3 May 23 21 31 89 55* 195* May 5 May 2254 May 29 May 115* May 5 May 115* May 155* May 254 May 287 May 115* May 10 May 24 10 16 1 29 80 May May May 75* May 1 May 65 7 19 29 25 1 31 4 31 29 24 25 26 29 Sale 235* 2154 325* 35* Sale Sale Sale 55* Sale 25* Sale 54 785* 60 Sale Sale Sale 15 Sale 385* 754 Sale 35* 35* 2154 Sale 315* Sale 24 245* 90 21 Sale May 5 95* May 17 5 May 19 45* May 2 85* 95* 231* 225* 205* 305* May May May May May May 10 77 May 9 2054 May 21 25* May 11 90 305* Sale 33 Sale 6 75* 55* Sale 100 Sale 245* 150 135* Sale 2 9 10 654 13 Jan. 24 115* May 31 5 May 4 115* May 31 155* May 29 3 301 65 7 I* May 25 May 1 98 May 5 105* May 26 3 Jan. 3 Jan. 10 May May Apr. May May May May 26 29 29 31 26 16 29 Jan. 30 12 30 Jan. 3 5 May 19 Mar. 16 Jan. 26 2 2 75* May 85* 95* 255* 235* May May May May 21 May 325* May 795* May 26 May 35* May 2 10 12 12 31 65* 25* 15* 15* 785* Jan. 5 105* May 26 May May May May May Jan. 11 5 24 Apr. 7 Apr. 24 May 9 25* 75* 95* 85* 95* 305* 255* 225* Apr. Mar. Jan. Jan. Feb. Mar. 30 43 Jan. 11 May 925* Feb. 295* Jan. 45* Jan. 20 5 Mar. 17 Jan. 10 2 2 31 18 13 5 8 16 31 Apr. 21 29 24 17 16 31 Mar. 16 9 Mar. 27 May 11 110 120 165* Sale 5 11 Apr. 15 May 5 Jan. 6 21 27 10 13 10 11 11 Mar. 17 107 Mar. 17 Mar. 29 65* May 29 Feb. 21 25* May 24 Feb. 1 Jan. 18 15* May 17 15* May 16 98 Feb. 9 31 70 Feb. 9 48 Jan. 30 Apr. 28 27 Jan. 16 12 4 26 2 415* May 754 May 31 4 May 19 Mar. 27 225* May 32 May 245* May 215* May 195* May Apr. 5 May 9 Apr. Apr. Apr. May May Apr. 6 455* Jan. 75* May 4 May 275* May 405* Jan. 275* Feb. 245* Jan. 225* Jan. 225* Apr. 245* Feb. 29 15 5 1 3 4 22 May 215* May 835* May 26 May 335* May 6 May 31 8 17 17 31 8 29 5 29 31 4 Mar. 1 Mar. 20 3 24 29 15 27 Feb. 25 Feb. 27 May 24 23 55* May 7 7 110 May 8 115 12 May 3 1654 35* May 5 35* May May May May May 24 31 23 31 5 Jan. 20 11 31 17 17 25 11 31 12 28 16 90 Feb. 26 May 29 9 335* May 31 May 4 8 Jan. Sale Jan. Apr. 18 23 Sale Sale 20 May May May May May 19 84 26 5 15* 5* 5* 785* 25 16 86 215* Sale 105* 4 9 23 Sale Sale 81 25 Sale 21 1 2 375* May 6 May 35* May 195* May 30 May 235* May 205* May 175* May 215* May 21 May 835* May 195* May 265* May 6 May 20 Jan. Apr. 835* May 9 25* May 31 6 35 38 Jan. "23" 195* Sale Feb. May 26 19% May 19 May 29 w* May 25 31 25 16 29 29 70 15 235* Sale 205s Sale 175* Sale May 29 May 23 Feb. Sale "22" Sale" 1 3 38 3 65* 95* 85* 95* 255* i" J* 29 23 40 58 65* Sale 15* 195* May 26 3 15* Jan. Apr. 17 1 25* Sale 5* 5* 105* ...v 35* 55* May 3 5* May 36 185* May 5 May "235* 175* May Sale 26 May Sale 75* May 14 5 May Sale 75* May 15 145* May 35* 25* May 310 280 May 12 95* May Sale 8 May 654 Sale 67 May 57 May "lo" 7 May Sale 5 May 1 1 May 40 30 '265* 100 446 Weber Showcase 8c Fix pfd__* Air Express 10 100 Western Pipe 8c Steel 10 145* May 16 15* May 19 99 1,100 Western V Mar. Feb. 62 40 23 5* 25 245 So Counties Gas 6% pref. 100 100 No par valuet 35* 33 75* 5 ..... 25 A! 8 75* 35* Sale 40 Sale If* * 100 1,600 Signal Oil-Gas A ....25 60,900 So Calif Edison Ltd com. ..25 2,005 Original preferred......25 18,700 7% preferred .....25 24,200 6% preferred 25 20,800 55*% preferred ...25 274 Superior Oil 100 105 185* Sale 15* 65* 29 new 33,100 Security First Nat Bank...25 9,700 Shell Union Corp com.... .* 16,000 Southern Pacific Co 89,600 Standard Oil of Calif Sale 12 IVA 35* 55* 25* 45* Sale 95* 85* 10 95* 245* Sale 22 225* 195* 205* 10 6% prior preferred 100 120 Seaboard Dairy Cred pref. 100 150 Seaboard National Bank...25 A 104 "Is" 1 • 14,900 Pacific Western Oil Corp...* 11,900 Republic Pete Co Ltd 10 3,600 Richfield OH Co com.......* 7,100 96 S Joaq Lt 8c Pw~7% pr'pfdllOO 400 So Calif Gas 900 6% pref 3 • 600 Pacific Public Serv pref 50 Pacific Tel 8c Tel pref 40 Sale 15* 3 8,450 8,500 1854 25* 10 6% preferred 11,200 Pacific Mutual Life Ins 40 25* Sale 11 21,400 Pac Finance Corp common. 10 Preferred series A 5,200 10 4,100 Preferred series C 10 Preferred series D 4,100 10 8,700 Pac Gas 8c Elec com.......25 1st pref 5,500 6% ...25 800 5 5*% preferred 25 2,700 Pac Lighting Corp com... • 630 35* Sale 30 28 Sale 14 290 1,752 Goodyear Textile pref 100 1,304 Goodyear Tire 8c Rub pfd.100 "§5* 36 6 154 9 6 33 10 "mi 300 Farmers 8t Merch Nat Bk.100 300 Food Machinery * 25 37 A 2 37 3 Milling Sale 1 6 » 8,700 103 Highest. Sale Prices. 10554 Jan. 13 10554 Jan. Apr. 10 10854 Jan. 10454 Jan. 24 10454 Jan. 9754 Mar. 1 10154 Jan. 955* 10054 10154 100 945* 955* 10054 10154 94 945* 955* 10054 10154 95 96 9854 9954 80 82 84 8554 101 102 10254 10354 75 77 83 84 8354 101 102 10354 10454 102 83 Sale 92 83 8954 16 A 10 9,900 Consolidated 011 8c Lowest. Prices. 103 94 5* 15* Sale 264 Central Investment Corp.100 4,900 Chrysler Corp ...» 6,100 Citizens Nat Bank 20 18,600 Claude Neon Elec Prod Ltd.* 1,900 Globe Grain Sale Par. 800 Associated Gas 8c Electric..* 50 Barker Bros pref 100 400 Golden State Co Ltd 50 700 105 58 955* Highest. Sale Prices. 102 104 103 45*8 Ask. 1005* 1015* 945* 955* 1025* 1035* 1961 5s Lowest. Ask. Bid. 1005* 10254 10354 99 1005* 1005* 10154 92 93 965* 9754 100 1015* 10354 10454 50 535* 5354 5554 47 43 445* 4554 34 36 415* 43 46 51 54 445* 99 995* 10354 10454 955* 965* 1015* 102 88 89 9354 9454 100 101 10354 10454 1939 100 Commercial $13,000 127,000 RANGE SINCE JAN. 1. 100 102 5s Pacific Electric Ry 5s 1949 Pacific Gas 8c Elec 5>*8.-1952 Bid. 101 104 4.500 Alaska Juneau Gold Min'g 10 300 1,000 May 1. Ask. 101 L A Railway 1st mtge 5s..1938 1st ref 5s .........1940 Miller & Lux 7s... 1935 Shares. 100 3,500 Bid. 5s Southern Calif May 31 PRICES IN MAY. $ 1,000 Great Western Power 5s. 1946 3,000 L A Gas & Electric 6s....1942 1,000 1,000 2,000 1,000 2,000 3,000 1,000 4,000 1,000 1,000 12,000 17,000 12,000 2,000 8,000 4,000 18,000 3,000 4,000 Jan. 1 to 1932. $28,000 123,000 Jan. 3 BONDS 20,000 1933. May Price Since May. LOS ANQELES STOCK EXCHANGE Bond Sales. 279,535 1,027,836 1,151,261 AGGREGATE SALES. In 1932. 449,740 4 7 Apr. 15 24 7 Apr. 3 Apr. 18 200 Feb. 28 165* Feb. 2 35* Apr. 21 Apr 22 . Feb. 17 May 31 Feb. 24 May 31 May 5 Feb. 25 105* 11 10 May 26 10 May 26 15 Feb. May 26 10 May 26 2 Jr RANGE OF PRICES ON THE 1933. Stock Sales. May- ------ Jan. 1 to May 31 In Jan. 1. "T.ooo 50,000 62~000 1,000 1933. 7~,600 l'ooo 8,000 2,000 1,000 93,000 2,000 202,000 1,000 1935 Associated Oil Co 6s Atlas Diesel Eng Co 6s—1935 Calif Gas & Elec Corp 5s. 1937 5s....1940 Coast Co G & E Co 5s 1960 Calif Packing Corp Emporium Capwell 5)4a_-1942 Gt Western Power Co 5s_1946 2,000 Ins Exch Bldg Co 6s... 1931-44 2,000 Langendorf Un Bak 634s.l941 11,000 Los Ang Gas & Elec Corp 6s'42 3,000 Market Street Ry Co 7s_.1940 4,000 Mercantile Amer Rlty 5s. 1951 1945 67,500 Miller & Lux Inc 6s 7a 1935 19,500 21,000 Nor Amer Invest Corp 5s. 1947 2,000 North Calif Pow con 5s..1948 Orpheum Theatre & Rlty Co 6s 1946 1,000 1942 1,000 Pacific Elec Ry Co 5s 16,000 Pacific Gas & El Co 5s...1942 Paraffine Cos Inc 5s 1957 2,000 4,000 Union Oil Co of Calif 6s..l942 STOCKS 15 1,805 372 3,959 14,499 4,285 2,270 8,030 125 400 28 38,168 25 829 07", 251 3,717 382 10,343 100 52,903 2,789 1,005 209 4,847 294 2,932 200 22,956 10234 May 10234 64 61 Sale 79 Sale Sale 85 8 10234 May 6434 cap-J® 18.938 Alaska Juneau Gold M 45 Alaska Packers Assn cap-.*®0 20 46,627 Anglo-Calif Nat'l Bank 7,027 Assoc Ins Fund Inc com caplO 15 Associated Oil Co capital..25 4,568 Atlas Imperial Diesel Eng A * 1,304 Bank of Calif Nat Assn caplOO 9,282 Bond & Share Ltd cap... 21,114 Byron Jackson com cap Sale 1 64 * * 94 May 1.383 El Dqrado Oil Works cap * 7,902 Emporium Capwell cap * 541 Fireman's Fund Indem cap 10 Fireman's Fund Insur cap 25 15,719 455 First Nat Corp of Portland A * 38,108 Food Machinery Corp com..* 1,740 Foster & Kielser com 10 (capital) ._....* 1,064 * 851 General Paint Corp A 500 common 250 200 82 7534 105 6 1.384 Hale Bros 5.666 643 2,103 5,834 1,327 3,394 1,750 Stores, Inc. cap..* Co., Ltd, capital....* Co of 1,000 85 "4",659 2,714 727 28 33 12 16 80 50 52 220 42 50 85 3 76 Apr. 18 53 Jan. 25 Mar. 20 4034 Mar. 22 1434 Jan. 8134 Mar. 17 7634 May Apr. 20 Apr. 20 102 102 ..... 102 65 May 5 44 May 10 101 44 105 101 May 5 May 10 9834 May 9834 May 5 5 16 Jan. 16 65 10634 Sale 983? l04^May~29 10134 103 91 9634 95 72 73 7134 98 .... 95 73 10434 95 May 16 May 6 8 73 May 16 May 6 8 9234 May 9234 May 103 May"29 May 104 9234 May 81 102 93 10334 Feb. 85 Jan. May 16 May 6 73 5 1 18 10434 May 29 10534 Feb. 23 10134 Apr. 10534 Feb. 95 5 3 10634 Jan. 103 34 Apr. 20 Jan. 6 10534 Jan. 85 Jan. 4434 May 4434 May Apr. 10334 Apr. 101 9834 Mar 13 1334 40 18 IX 1934 IX 16 16^ 5034 75 1234 Sale IX Sale IX 145 IX y\ X 234 "3 157 X tyi 234 IX 9 Sale 100 1534 Sale IX Sale 14X 15 16 X X 20 Sale 18 X Sale 18 79 157 Sale Sale 22 3234 18 19 X 4 16 16 23 23 8 22 5 1 May May 2 1 1734 May 1 m% Sale Sale Sale 200 1034 13 334 5 1334 1634 37 X Sale 1034 12 834 Sale kX 1 May May 26 1334 May Sale 2 May 4 1634 May 31 134 May 19 12 May 11 534 May 26 14234 May 6 5 May 27 4 May 27 55 1 5 210 434 Sale 2534 Sale 2534 Sale r° ~6~ 14 15 45 Sale 1034 12 IX Sale IX 195 2 13 13 May 25 May 1 May 3 May 2 1334 May 18 334 May 2 1334 May 11 37 X May 1 1034 May 16 834 May 1 1 May 10 31 334 6X Sale X IX 0% 4 9 2634 29 May 2 434 "6" 1034 Sale 434 1 Sale Sale 634 1034 29 39 Sale 3834 May 26 22 .2834 IX 25 44 Sale Sale 20 33 354 X 6X 134 434 8 334 34 534 34 134 634 May 9 May 11 May 8 May 11 May 6 May 11 Calif capital.....10 20 8X 23 1 OX 120 Sale 1034 10X 40 60 40 Hunt Bros Packing Co cl A..* 2 4 5X 10 15 3 6 6 10 685 Investors Assn The (capital)* 2X 3X 3 2 Hutchinson Sug Plant cap. 7,303 Langandorf United Bak cl A * 7.516 Leslie-Calif Salt Co capital.* 4,100 L A Gas & Elec Corp pref_.100 225 Lyons-Magnus Inc A__ _* 2 5 7 12 14 92 X Sale 4 534 10 4 3X Sale 14X 1634 (85 Sale 434 1434 Sale 40 934 Sale 6 834 10 2134 May 31 1734 May 31 70 May 10 May 26 200 May 1 434 May 31 2534 May 29 2534 May 31 21 1334 May 18 6 May 29 14 May 25 4534 May 29 May 8 1234 May 29 134 May 19 12 May 11 4 May 16 34 May 11 734 May 1 134 May 29 4 May 27 8 May 27 35 May May 44 May 22 * Honolulu Oil Corp Ltd cap.* May 31 1834 May 31 34 May 3 2 May 17 18 May 27 75 May 23 2434 May 27 65 May 16 24 May 13 20 18 20 14 25 63 13 200 May 1634 May 57 14 1 74 70 12 5X IX 20 67 Sale Sale 1734 Sale 18 13X Sale 78 2334 Sale 1434 May 16 May 34 May 134 May 1634 May 66 12 8 18 1934 Sale 1834 Sale X Sale IX 4 1634 1834 1934 May 26 1434 May May 834 May 134 May 12 May 3 May 125 May 334 May 2 May 55 Sale 1334 Sale 734 UX 3X 137 4X SaUe 3X Sate 64 118 3^ Sale 19 6 81 60 Sale 12 X 240 4 17 79 JX 70 1 5 132 145 3X Sale 234 Sale j X 14 4X 4~X 140 14X 16 10 2 43 X 11 18 60 18 14 27 11 23 7234 Jan. 7134 Jan. 7534 Apr. 7534 May 12 52 May 31 40 May 23 7634 May 5 7534 May 12 50 May 9 3534 May 8 7634 May 5 Sale 39X 48 33 Honolulu Plantation cap. .50 No par value Feb. Feb. 9 Apr. 12 10834 Feb. 3 9834 Apr. 3 9834 Apr. Apr. 12 10534 Jan. 21 72 34 Sale 400 Jantzen Knitting Mills com.* "2",105 §234 82 6 9434 May 2 100 Home Fire & Marine Insur 3,186 6 23 May 102 —. Hawaiian Commercial AcSugar 1,730 May 5 May 26 5 4 21 10034 Jan. 21 Mar. 31 6434 May 27 Jan. Feb. 82 80 75 B * 35,804 Golden State Ltd cap 20,448 Haiku Pineapple Ltd com..20 205 Preferred 25 354 May Jan. Feb. liS ... 841 • 10234 6334 10033 5034 9434 May 27 6 Galland Mercantile Laundry 105 8 May 54 100 8,631 Calamba Sugar Estate com 20 Preferred 20 4,025 x 10 9,630 California Copper cap % 315 Calif Cotton Mills cap.._100 California Ink Co Inc A * 821 167 Calif-Ore Power 7% pref.100 .* 125,546 California Packing cap 45 California Water Serv preflOO 30 X 6,372 Calif West States Life Ins.. 10 30 Voting pool 10 1.665 6X * 276,745 Caterpillar Tractor cap 13 X Clorox Chemical A... * 3,882 7534 1,287 Coast Cos Gas & El 1st pf 100 Consol Chemical Industries 12 Inc class A partic ref * 19,196 300 Crocker First Nat Bk SFcaplOO 200 IX 74,517 Crown Zeller com vot tr ctfs ♦ 7 Preference series A * 5,676 6X Preference series B * 2,997 925 20,300 4,944 Sale Prices* Sale Prices Jan. 4 10234 Mar. 15 103 Jan. 13 30 2234 Jan. 21 10234 May 5 10234 May 5 May 26 7834 May 12 85 94 34 May "54" 55 53 Highest. Lowest. Highest. Sale Prices. Prices. 95 77 May 16 Feb. 9 8 10534 Jan. Apr. 24 93 30 Feb. 20 Mar. 23 10634 Jan. 12 Par Shares. 24,189 3,585 10234 103 19 34 105 5s—-.1935 1,000 10 30 Sale Ask 108 6,000 Ry Equip & Rlty Co 6s—1938 3.000 S J Lt & Power Corp 6s..1952 13,364 35 10234 6s.. 1941 3,000 9,000 5Hb 1952 104 34 5s! 1955 103 2,000 85 6,000 Pacific Pub Serv Co 5s...1936 11,000 Pacific Tel & Tel Co 5s...1937 10534 5s 1952 10534 6,000 1,000 Shares. Ask. Bid. Bid. 1943 1949 534s 5 He 1,000 2,000 .4,500 RANGE SINCE JAN. 1 Lowest. May 31. May 1. Ask. Bid. 6,000 1,000 5,000 - — PRICES IN MAY. BONDS 2,000 1,000 2,000 7,000 1,000 May 31-_ $101,500 Price $ % 1,000 Jan. 1 to 3,042,860 $144,000 520,003 - Jan. 3 Since May. May 448,994 1932. 1933. Bond Sales. 1932. ' Shares-1,237,610 3,042,713 SAN FRANCISCO 8TOCK EXCHANGE AGGREGATE SALES. SAN FRANCISCO STOCK EXCHANGE May 26 1 1434 May 31 37 X 634 7 18* iVA 17X 8834 Sale 534 8 May 20 May 26 334 May 4 9 May 1434 May 8334 May 16 534 May 27 1034 May 29 7 May 26 534 May 5 134 May 29 1834 May 26 90 May 25 534 May 27 1934 May 26 May 4 1134 Jan. May 834 May X Apr. 12 May 55 55 20 Feb. 2 Feb. 101 134 Feb. Mar. 1 Jan. 134 May May 534 May 15234 Jan. 5 May 4 May 12 10 19 n 26 5 27 27 20 Mar. 23 May 31 Mar. 20 1834 May 31 3 34 Jan. 28 hX May 2 May 17 34 Jan. 4 18 12 Mar. 18 May 27 Jan. 14 74 May 23 85 May 27 834 Mar. 1 63 Apr. 1 Apr. 24 Jan. 6 13 Apr. 10 J an. 6 19 Feb. 28 May 31 534 Feb. 27 13 May 2 May 31 Jan. 27 57 May 1 79 8 11 §8* P Mar. 11 1 21 Apr. 10 215 Feb. 7 434 734 Mar. 15 2534 7 Mar. 15 2534 185 1 10 1 Jan. Feb. Apr. Mar. Apr. Jan. 25 30 21 4 Jan. 1034 234 1234 3434 1034 534 31 11 2634 Mar. 25 334 May 9 34 May 11 38 Apr. 5 Mar. 20 May 26 Feb. 2 May 31 May 29 May 31 1334 May 18 6 May 29 16 Feb. 16 4534 May 29 1234 Mar. 31 1234 May 27 IX May 19 35 4 May 11 May 16 34 May 11 734 May 1 134 May 29 May 27 May 27 134 Apr* 434 Apr. 5 2734 Jan. 6 45 Apr. 29 Apr. 21 834 Feb. 24 30 Mar. 31 2 Feb. 3 22 Jan. 14 May 31 Apr. 29 1 18 42 ^ 6 Apr. 18 1034 May 29 7 May 26 234 Mar. 15 2 Apr. 8 434 Feb. 29 1134 Feb. 24 8334 May 16 534 May 27 1034 May 29 1834 May 26 9834 Jan. 30 534 May 27 5 534 May 5 Jan. 31 3 June, 1933.] SAN FRANCISCO STOCK EXCHANGE AGGREGATE SALES, In May. Shares. SAN FRANCISCO STOCK EXCHANGE Since Jan. 1. Shares. 15,940 PRICES IN MAY. 100 STOCKS 1933. Par. Preferred 160 1,547 RANGE SINCE JAN. 1. Price Jan. Z Bid. 50,694 Magnavox Co Ltd capital.. 1,936 Magnin & Co (I) common.._* 581 67 ...... 2,868 Merchant Cal Mach Co 100 com 10 Ask % Sale 3% 4% 57H 620 Market St Ry prior pref.,.100 2 % 7i May I. Bid. % Sale J2 , 52 % % 70 2 Lowest. May 31. Ask. Bid. Ask % 5% 60 Sale Sale 95 1% Sale 2 Highest. Prices. % May 10 4% May 4 May 25 70 1 Sale Lowest. % May 29 5% May 31 May 25 1% May 19 70 May 11 Highest. Sale Price. Prices. Sale Prices. % Mar. 30 3% Feb. 25 60 Feb. 17 % Mar. 16 5% May 31 May 25 1% May 19 2% Jan. 3 70 % Feb. 15 2% Jan. 3 Sale Mercantile Amer Realty Co 215 1,745 733 preferred 6% cumul 100 * 8,610 Natomas Co capital 1,506 North Amer Inv Corp com. 100 420 6% preferred...........100 498 5%% preferred 100 17,313 North Amer OH Consol cap. 10 1,453 Occidental Insurance cap..10 1,123 Oliver United Filters Inc A..* B 2,860 1,528 PaauhauSugarPlantCo capl5 174,417 Pacific Gas & Elec Co com.25 6% 1st preferred........25 117,451 5%% 1st preferred 25 31,465 52,353 Pacific Lighting Corp com..* $6 dividend pref * 12,172 • 11,587 Pac Pub Serv com non-vot First preferred— 38,619 6,972 Pac Tel & Tel Co common.100 Preferred 2,745 ..100 ♦ 19,805 Parafflne Cos, Inc., com Phillips Petroleum Co cap..* 1,745 310 665 Plg'n Whistle Corp partlc pf * 7,701 807 180 109 8,527 655 883 1,564 943 57,830 22,108 5,532 16,005 1,929 6,667 15,854 2,579 534 7,449 V. «, *» 138 938 15 59 m. mm m. 2 16 13 5 9 3% Sale 4 22% 18 Sale 29% 79% Sale 5/8 11% Sale 6% Sale 2 4 25% Sale 20 Sale 75 102 Sale Sale 17 Sale 8 9% % 14 3 5 Sale Sale P 79% Sale 3 2 May May May May May May May May May May May May May May May May May May May May May May Sale "24" Sale" 9% 8 3% 3 1% 5% Sale 24% Sale % 65% Sale 33% Sale I 83 105 20 Sale Sale Sale Sale Sale Sale Sale 13% Sale % Sale m. Preferred series Preferred * 1 4% Convertible 6 * I* J series 2........* preferred * 7^"i2:" 3% 2% 2% 4 5 5 .... May 2% May 2 May 8,636 6,390 300 64 760 Roos Bros Inc common 1 Series A preferred...... 100 172 46 50 65 82 167 San Joaq Lt & Pr prior pf.100 85 79 Sale Prior preferred series A. 100 75 70 60 70 60 13 13 840 % % 2% 40 1,240 Schleslnger 8c Sons cl A com * 46,315 Shell Union Oil Corp com..* 115 5%% cum conv pref 100 135 Sherman Clay & Co pr pf.100 28,779 105 40 10 % 6% 565 Class B 60 10% 20% 1,030 Teleph Investm't Corp cap.20 200 210 Thomas Allec Corp class A._* 14,760 23,082 Tide Water Assoc Oil Co com * Preferred 2,802 .........100 1,063,758 Transamerica Corp capital..* 792 430,231 41,468 7,155 280 30,104 208 200 10 Transcon'lAlr Trans Inc cap* 92,480 Union OH Co of Calif cap..25 12,470 485 Union Sugar Co common..25 Preferred .....25 96,221 United Aircraft * 50 Weill 8c Co (Raphael) pf.100 1,441 WellsFargoBk 8c UnTrcap 100 400 West Amer Finance Co pf_.10 Western 12,545 AeTransp 25,792 No par 3% 30 31 42 4% 2 5 42% 5% Sale 9% A Sale 22% 3% 2% 3 39 Sale iYA 23 3% Sale 37% 5% 4% 13% Sale Sale 7 Sale 3 14 Sale 25% Sale 27% Sale 94 90 195 220 % 2 175 Sale % 1 13% 1% 3% Sale Sale % 6% Jan. 15 Feb. 2 Feb. 18 16 18 10 iF 80 May 10 1 % May 31 ■3* May May 105% May 21% May I 14% May 31 May 89 31 27 31 31 29 12 11 66 May 35% May 5 May 21 May 20 May May May May 2% May 6 May Apr. Apr. May Jan. Feb. 3% Apr. 20% Apr. 21% Mar. 19% Mar. 25% Mar. 77 May % Mar. 2 Apr. 67 Apr. 99% Apr. 8% Feb. 9% May % Feb. 29 29 13 4 31 Mar. 7% 3% 8% 3% % 11 iF Jan. 23 29 27 25 25 27 25% Jan. 9 Jan. 10 11 16 8* Jan. Jan. May 31 4% 89 110 J an. 5 May 27 Jan. 12 21% May 31 14% May 27 (Consolidated) cl A .10 ser 1.50 7% Sale 9% Sale 1 1% 4% 8 8 5 5% May 26 2% May 8 May 27 3 % % 3% 2% 1% Feb. Feb. Apr. Feb. Mar. Jan. 16 16 10 16 17 % 7% 47 60 56 Sale Jan. 24 6 79 75 32% May 3 3% May 31 4% May 2 34 May 3 5% May 1 May 3% May 7% May 42 May 7 May 26 31 31 31 31 12 16% May 31 3% May 11 May 26 33% May 29 % 5% 60 Sale 13 25 13 2 2 8 11 3 8 3 25 12 3 25 25 13 31 29 19 11 12 31 29 29 26 31 50 24% 26% 3% Sale 7% Sale May May May May May May May May May May May May May May May May May May May May May May May May May May 40 5 6 37% Feb. 65 70 11 4 6 Jan. 13% May 31 1% May 22 1 May 16 4 May 12 45 May 11 49 10% 25% Sale 7% 4% Sale Feb. 6 13% May 31 % May 1 % May 1 4 May 12 40 May 4 8% 20% 6 4% 3% 27 23 30 60 % 7% 47 60 60 10% 26% 7 4% 4% 33% % Jan. 31 % Feb. 24 2 May 13 60 May 25 % Jan. 27 4 Feb. 23 38% Jan. 23 50 Apr. 12 53 Apr. 20 Feb. 6 Feb. 25 Jan. 16 4% "May 25 2% Apr. 5 20 Feb. 27 % Jan. 26 % Feb. 16 6 Jan. 14 2% Feb. 16 3 1 Feb. Feb. 3 6 13% May 31 1% May 22 1 May 16 4 May 12 45 May 11 97 Jan. 20 60 May 25 % Feb. 2 7% May 31 47 May 29 Mar. 27 61 60 May 11 10% May 12 26% May 31 7 May 29 4% May 29 5% Jan. 16 33% May 31 Sale 6% 16 Sale Sale 3% Sale 14% 18% 31% Sale 90 190 200 % May 3 May 1 May 26 25% May 9 3 14 175 % 10% Sale 1% 9 25 14 May 1 195 May 5 May 27 % May 26 May 12 11 May 29 17 Feb. 25 Feb. 20 3% May 13 7% May 31 44% Jan. 11 7 May 31 5 Apr. 21 16% May 31 3% May 11 14 May 26 33% May 29 94 42 Pipe 8c Steel of Calif common Yellow 8c Checker Cab Co— 50 ?* 3% 910 Spring Valley Co Ltd capital * 158,795 Stand Oil Co of Calif capital * 260 11 Sale m _* 54,989 % Sale 55 9,020 Socony-Vacuum Corp cap..25 107,561 Sou Pacific Co com (cap'l).lOO 5,806 Sou Pac Golden Gate cl A..* 854 Sale Sale 6% 40 30 Sierra Pacific EI Co pref.. 100 ' 790 ' 60 1 1,420 Rainier Pulp Ac Pap cl A com * 12,250 Richfield Oil Co of Calif com * Preferred 8,979 ...25 185 4,449 41,336 2,190 May 23 35% May 29 5 May 27 21 May 25 20 May 25 May 27 May 29 May 29 2% May 13 6 May 4 26% May 12 24 May 26 21% May 26 33% May 18 66 11 * First preferred 1,188 10 m a61A 19% Sale 420 Ry Equip 8c Rlty Co Ltd cl A * Class B............... 180 132 mm 60 Jan. 26 94 22% Apr. 26 3% May 31 3% Feb. 6 24 Apr. 6 4% Mar. 31 5 Apr. 21 9% Feb. 28 1% Mar. 28 11% Apr. 21 165 Apr. 31 5% Feb. Jan. 26 8 210% Jan. 16 % Mar. 22 % May 27 15 1% Feb. 28 11 May 29 1% Feb. 28 value ft Detroit Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON DETROIT 1932. Shares 729,824 157,962 — May Jan. 1 to May 1,163,167 1,147,161 In Jan. 3 Since Jan. 1. STOCKS * 21415 ~Y, 759 17,368 100 770 3,635 1,034 635 605 1,726 1,277 26,958 200 4,372 11,343 3,017 2X Sale Pederal Motor Truck com—* com—* cl A..* 5x ex Federal Screw Works class A_.—* Motors com.. 10 Grabnm-Palge Motor com.. 1 Hall Lamp com...... * Class B 100 Kalamazoo Stove common..* 109 Kermath Mfg com........—* ...10 54,148 Sresge (S 8) Co com — 30 * Mesta Machine common 5 Michigan Sugar com. 10 Preferred 10 Motor Bankers Corp com—1 Motor Products Corp com...* Motor Sale 13 IX 2X 2 2X 4% 8 Wheel .... Sale 12c 4X 4X 3% 16c" "18c 13 12 X IX .<*ouare D class A .. 747 Third Nat Investors com Tlmken Axle com 450 Universal Cooler class A 64,342 Class B Universal .. 1 10 * 100 * • • Product com 650 Walker Ac Co units 68,948 Warner Aircraft Corp com.. 1 Yoaemtte Holding com 17 4 24 May 2 May 1 1 May 11 3X May 16 May 31 3% May 11 3% May 18 3% May 16 5% May 31 May 13 May 31 57 4X May 17 2 May 13 May 1 78 IX May 10 17 X May 2 29 IX 2 40c 14X Sale 30c 3 .... Sale ex 7X Sale 4 Sale 2 "oX Sale" 9 Sale 12 X Sale 2X 4X IX Sale 4 Sale Sale 2X Sale 7% Sale X 9% Sale 2X "~3% Sale" "~4X Sale" 18 X Sale Sale 21X Sale 4% Sale 4X Sale 2X Sale 36 40c 50c 10 x Sale 2% Sale 36X Sale 2X X 48 Sale 18 Sale 3 Sale 38 Sale Sale 19 Sale 5% 6 80c Sale 2% Sale 7 2 1 3X Sale 4 4% X Sale 29 31 29 29 9% May 2 2X 3X IX Sale Sale 2X Sale 3X X Sale 5 10 Sale OX 1% Sale % Sale 10c X 9% May 1 2 May 1 4% May 12 11% May 3 65c May 1 2 May 2 4 May 26 15 May 4 4% May 1 May 1 May 17 May 2 May May May 10 May 3% May 40c May 16% May 2% May 35 May 20 3% 2% 35% 3% 17% 35% 13 May 31 2% May 5 May May 2 May 4% May 4 May 22 May 7% May 18 1 12 16 29 29 26 31 31 10% May 31 3% May 29 44% May 29 5 May 17 21% May 31 50 May 27 10 May 2 5% May 16 2% May 18 18 May 25 3 May 27 40 May 26 14% May 5 3% May 9 2% May 31 6 May 5 2 May 20 80c May 1 2% May 1 6% May 12 44c May 2 19 May 31 1 May 31 5% May 31 2% May 31 8% May 20 3 May 11 1% May 11 5 May 31 6% May 12 1% May 19 Sale 1 May 31 1 "l0X Sale" 410 Young (L A) Co com— 14% May 29 16% May 31 BANKS Ac TRUST COS. 19,286 26,912 Detroit Bankers. Guardian Detroit 20 20 496 935 333 383 4,490 869 881 17,824 1,508 1,075 2,828 295 5,060 1,779 • No par 2,476 American Radiator 675 Amer Tel & Tel Co 935 Bendix Aviation Corp. 1,176 Borden Co 10 X * 100 5 25 100 X IX Sale * General Foods Corp * Kelvinator Corp * Kennecott Copper Corp * Kroger Groc & Bak Co * National Dairy Prod Corp—* 768 Purity Bakeries Corp * 7,689 Socony-Vacuum Corp.....25 * 3,163 Standard Brands Inc value, 13% Sale 118% Sale 17 383 Borg Warner Corp com 10 7,631 Commonw & Southern Corp * 1,504 2,136 24,469 2,478 2,183 5,313 Sale Sale Sale 16% Sale 3% Sale Consolidated Oil Co a Option sales, r Sold for cash, 32 X Sale 6X Sale 16% Sale 29 Sale 18X Sale 10% 19 X x Ex-dividendJ Sale Sale 33% 9% 20% 29% 20% 5% Jan. 4 17 May 22 11% Apr. 1 1 Apr. 3 1% Mar. 24 4% 1% 4% 1% Mar. 30 May 2 Apr. 22 Apr. 4 Feb. 3 3% Mar. 29 Apr. 26 Mar. 30 5% Apr. 5 1% Mar. 22 4% May 12 10% Apr. 27 15c Jan. 11 1% Apr. 5 4 May 26 10% Apr. 4 1% Mar. 30 1 Jan. 27 1 % Mar, 22 1% Mar. 23 20% Jan. 25 1% Apr. 17 13% Apr. 3 22% Apr. 5 10 May 2 1% Mar. 29 30c Jan. 4 14 Apr. 5 1% Mar. 31 31% Apr. 20 3 Jan. 3 2 Feb. 2 % Mar. 23 Apr. 7 1% Mar. 22 Feb. 2 14 2 6 2 35c Sale Sale Sale Sale Sale 11% Sale 20% Sale 9% 99% 12% 31% 11% 1% 6% 30% 6% 16% 26% 17% 15% 8% 17% May May May May May May May May May May May May May May May 13% 119% 17 35% 16% 3% 10% 33% 10% 20% 29% 21% 23% 11% May May May May May May May May May May May May May May 31 31 31 29 31 13 29 27 Apr. 21 26 31 Jan. Jan. 2% Apr. 24 4% Jan. 18 X Mar. 24 1% Feb. 1 1 May 31 % Jan. 3 14% May 29 11 31 6% Feb. Apr. 12% May 20% Jan. 11% May 88 1 Mar. 5% Jan. 24 Jan. 3% Apr. Feb. Feb. 31 27 31 21% May 29 Feb. Mar. 6% Mar. 14% Feb. 5 1 Apr. 3% May May 13% May 10% May 4% May 1% May 8 May 3% May 10% May 24,% May 6% May 25% May 3% May 4% May 27 29 27 17 31 4 26 27 24 31 29 31 29 24 31 16% 2% 13% 5% May May May May 29 31 29 29 11c Feb. 3 29 Mar. 24 3 11 May 31 May 31 78 23 17 3 3% May 16 6 6 4 27 6 2 6 20 23 10 18 Feb. 6% Feb. Sale Unlisted Dept. 1,398 Apr. 2% Apr. Apr. 1 Apr. 1% Jan. 17% May 4 Apr. 8% May 1% Mar. 60c Apr. 1% Jan. % Jan. 4% Apr. 11 Sale 13! 7] 2 48 Jan. 4 11c 9 1 2% Mar. 31 7% Mar. 23 2% Feb. 11 9% Apr. 4 3% Feb. 2 1 Mar. 28 X Mar. 25 3% May 16 11% 5 3 3X Sale 9 May May May May 16% 2% 13% 5% 4 26 27 24 31 29 31 29 24 31 Mar. 27 3 I 2 31 31 27 11 31 2 11 1% % 8% 12% 16% 2% 40c 'lex Sale" '22" Sale' 1 42c OX May 29 27 17 31 28 Sale Sale 67c 2X May 6 2 1 3 IX May 3% May May 13% May 10% May 4% May 1% May 8 May 3% May 10% May 24% May 6% May 25% May 3% May 4% May 55c 9X 16 X 2X 8X May 1 8X May 20 2% May 1 May 2X May 1 May OX May 20 X May 10 3 May 22 20% May 4 IX May 1 2X May 1 6 X May 19 * * 333 Whitman & Barnes com 100 Wolverine Portland Cem 3,635 ""416 3% 3 1 350 U S Radiator com Preferred 281 ""loo 10 Class B 8% May 31 12% May 31 16% May 27 6 % May OX Sale 2X Sale ~4~~ Sale" 2% Sale 16 X Sale 29 30 28,404 2,178 2% Sale 1 18 com......* * Parks Davis 8c Co * Parker Rust Proof com.....* Preferred 1 66 22,775 Reo Motor com.........—5 13,148 River Raisin Paper com....* It 5,498 Scotten Dillon com. 2,626 Second Nat Investors com_.l Preferred —* 123 350 Silent Automatic com.....* 350 600 Sale 2 Sale Sale Sale Sale 5X Packard Motor Co com. 275 26,034 1,662 21X Sale OX 25% 3X 3% ..... Sale National Steel Co 50 100 * 1 National Investors com 33.772 OX Sale 3% Sale 10% Sale Sale 55c 10 X * com Murray Corp common 70 317 24,495 3 2 2% Sale 20 Muller Bakeries class A com.* 65,646 2,058 2,198 65,749 48,996 8,186 Sale 3X Sale 5X 6 3 450 Mahon (R O eon* oref 165 McAIeer Mfg Co com.. 12,624 6,947 70 "~6% Sale' 3 2 23,693 70 3X Walker-Gooderham 8c Worts com "~8~, 804 9,788 12,588 3,500 1,740 ..... 22 h Investors corn..! 250 Houseman Spltzley class A..* ... 11,614 Hudson Motor Car 66 Sale 1 2 Gemmer Mfg Co 128,091 3,766 2X 10 X Ford Motor of Canada General 3X Sale 77 Sale Sale 8% 72,904 44,667 22,528 5,123 2% 5% 57,495 52,796 1,203 1,322 2% Sale 2X 2 IX Hiram 8,710 6,080 1 5 • 10 500 Hoover Steel Ball com 460 Houdallle-Hershey class A..* 30 5X Sale 2X 57 X * Ei-Cello Aircraft & Tool Fourth Nat Sale 2 ;— Manufac'g Co com— • Eureka Vacuum Cleaner 500 430 60 2X Sale IX Sale 2X X IX Eaton 250 Federal Mogul common—..* 79,149 3,296 6 2X 2X 1 2 1 3 Feb. Feb. May May May Feb. 24 May 3% Feb. 3% May 26c 2 % Feb. 5% May 6 May 11% May 1 689 165 "~2% '""X "2X 449 150 Sale 5% Sale 2j2 3 1,232 55,335 27,171 11,194 901 18 70 X Sale 8,618 4,326 7,678 1,811 1,252 113,357 36,753 15,003 6,837 3,595 4,104 16% X IX 8X Sale 12 X Sale iex iex 2X 23 x Sale 3X 10 10* Gray Iron & Fdy_._.5 Paper Products. * 605 Dome Mines Ltd Sale IX Delsel Wemmer Gilbert com It 3,096 1,277 32,326 12 2 Detroit Edison com. 150 Detroit 685 Detroit 5X Sale 6% Sale Feb. Feb. 1 3 X Feb. Feb. 10 1% Jan. 30 1 16% Highest. Sale Prices. 25c 5% Sale 4% 4% 7 7X Detroit Ac Clevel Nat com.. Prices 5 1% 5 18,904 Bower Roller Bearing 22,435 Brlggs Mfg Co common.....* 8,811 Burroughs Adding Mach—* 100 Capital City Products...—* 46,705 Chrysler Corp common.....5 Consolidated Paper com... 10 • 14,498 Continental Motors com 24,795 Copeland Products Inc.....* 100 Crowley MUner & Co com—* Ask Ask. Bid. Bid. Lowest. Sale Prices. Highest Sale Sale Prices. V/ ... ...» * 300 Baldwin Rubber class A Class B * 80 11,625 15,937 5,470 Ask Bid. Par 250 Alloy Steel data A Class B 350 Lowest. May 31. May 1. 1933. Shares. Shares. RANGE SINCE JAN. 1. PRICES IN MAY. Price STOCK EXCHANGE May. 31—. DETROIT AGGREGATE SALES. STOCK EXCHANGE 1933. Stock Sales. 8 8 9% May 29 11% Apr. 26 % Mar. 30 13 May 31 2% Feb. 2 May 12 May 16 May 29 5 18 2 4% May 4 May 22 May 7% May Jan. 1 29 26 31 31 27 10% May 31 3% Apr. 24 44% May 29 5 May 17 21% May 31 50 May 27 10 May 2 5% May 16 2% May 18 18 May 25 3 May 27 40 May 26 Jan. 2 20 Feb. 4 3 % Mar. 23 19 May 31 5% May 31 2% May 31 8% May 20 3 May 11 1% May 11 May 31 5 6% May 12 1 % May 19 1% Feb. 1 May 31 1 Apr. 20 16% May 31 1 14% Jan. 9 Jan. 13% May 31 119% May 31 17 May 31 35% May 29 16% May 31 3% May 13 10% May 29 33% May 27 10% May 11 20% May 31 30% .Apr. 20 21% May 31 23% May 27 11% May 31 21% May 29 General Quotations OF BONDS AND STOCKS In the earlier part of this publication complete records of the dealings the country, for the latest month and for the calendar year to General Quotations those dealt in to the we combine in are the leading stock exchanges of on furnished. , In this department of comprehensive whole, securities of all classes and descriptions, not only one the exchanges, but also on date, leading unlisted and inactive securities. The following is an index different classes of securities quoted: Page Page Steam Railroad Bonds 69 Public Utility Bonds....... Steam Railroad Stocks 73 Public Utility Stocks.. 91 Industrial & Miscellaneous Bonds 91 Industrial & Miscellaneous Stocks Joint Stock Land Bank Bonds Joint Stock Land Bank Stocks . Federal Land Bank Bonds.. 92 Real Estate Bonds. nrestment Trust Stocks and Bonds Manufacturing Stocks Mining Stocks ...74 Quotations from all Stock Exchanges are as 87 Stocks—87 United States and Municipal Bonds .87 .92 Canadian Municipal Bonds. .....94 Foreign Government Bonds...............93 86 ... ..86-118 Title Guarantee and Safe Deposit ..83 85 Textile Stocks and Scrip Real Estate Trust and Land Stocks 80 ...... Exchange Seats 111 Pago Insurance 75 ..86 possible for the closing day of the month preceding the date of issue. As the New York Stock Exchange began with Jan. 2 1909 to quote all bond prices "and Interest." we have adopted the same method and no longer employ a designating mark to Indicate the fact except where there is a deviation from this rule. The reader will understand, therefore, that unless the letter "f" is prefixed near as tathe price, he must pay accrued Interest in addition to the price. the price includes the Interest, should there be any. This, however, does not apply to income bonds or bonds In default. In which cases The letter prefixed to bond prices denotes that the quotation is a flat price—that is. that the accrued interest forms part of the price, and herefore the purchaser does not have to provide for it separately in making payment. As already stated 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 Quotations for guaranteed stocks thus (d) are per share. All others are average maturities "and dividend"; that is, the accrued dividend must be paid in addition to the price. are per cent except It should be borne in mind in the use Stock prices marked bank stock prices, which are quoted per share unless otherwise stated. of these tables that the quotations for many inactive and unlisted securities are merely nominal, but in all the figures are obtained from sources which are considered reliable. cases The following abbreviations are often used, vis.; "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consolidated conv" for convertible, "s f" for sinking fund. "1 g" for land grant, "op" for optional. The black-faced type in the letters showing the Interest period indicates the month when the bonds mature. NOTICE.—All bond prices Bonds. Bid. are "and interest" except where Ask. RAILROAD BONDS Bonds. Bid. 77 80 Eq 6s 1933-1935 (yr)._.J&J 15 Eq 4Mb 1933-'41 E (yr).F&A Gen & ref 6s 1945 ser A-.A&O Gen & ref 5 He 1945 ser B A&O 20 20 Atlantic Coast Line of S CJ-— Gen 1st g 4s July 1948 J&J Atl & Danville 1st 4s 1948 J&J 2d g 4s 1948 J&J 25 25 Alabama Great Southern— cons 87 g 5s 1943 ser A J&D 1st cons 4s 1943 ser B J&D Alabama N Orl T & P June— 66 "A" deb 5s g '40 red '10-M&N / "B" deb g 5s *40 red '10-M&N I "O" deb g 5s Nov 1 1940.A&O I Alabama Tennessee & Northern— Prior lien 6s 1948 J&J Gen Income 6s Oct 1948 Alabama & Vlcksburg By— Allegheny Val 101 49 50 Ref & gen 5s 2000 43 % 5s series F 1SH 92 H 185* Eq Eq Eq Eq Eq 95 61 73 24 33 75 85 85 65 92M 84 84 84 83 % 84^ 95% 80y2 95^ 94 95 Ifxl 17 97 X 127 82 82% 15 20 88 % 1st 6s, 1938 A&O Atlanta Terminal 6s 1939...F&A Atlantic City gu 4s 1951 J&J 40 76 45 ser M&N J&J Toledo & OIn Div 4s 1959 J&J Bangor & Aroostook— 1st M 5s g Jan 1 1943 J&J Oons refund g 4s 1951 J&J Medford Ext 5s 1937 M&N Plscat Div g 5s Jan 1943--A&O St Johns Rlv Ext gu 5s *39-F&A Van Bur Ext 5s g Jan '43-A&O Washburn Ext 1st 5s *39--F&A Bat Greek & S 1st gu g 3s '89 J&D Bedford Belt 1st 5s 1938 J&J Beech Or 1st 4s g gu 1936 J&J 2d guar gold 5s 1936 J&J Beech Ork Ext 31^s 1951--A&O Belt BR & Stk Yds (Ind'p'lis)— 1st ref gold 4s 1939M&N 1943--J&J Big Sandy By 1st g 4s 1944-J&D BIrm Term 1st g 4s 1957 gu_M&S Boonville St L & Sou 5s *51-F&A Boston & Albany 5s Oct *63--J&J 75" Eq 8Mb Feb 1936 (year) F&A 75 84 68 08% 45 Z - 72 5s June 1942 J&D 5s July 1 1938 J&J 4Mb July 1937 J&J 4Mb impt 1978 F&A 4s May 1 1934 gu N Y O.M&N 4s May 1 1935 gu N Y O.M&N 3Me Jan 1 1951 J&J Ref 3Hs 1952 gu N Y O—A&O 68 68 ... 87% *89% 88 91 50 52 1943 5s Jan 1943 5s May 1940 1st m 5s 1967 1st m 58 ; 1955 ser AO 2 M&S M&N (London 73M 75 70 69 M UK 70 6.50 4Mb 1961 ser JJ A&O Eq 4Mb 1934-1943 (yr)—A&O Boat & Maine (old) 4Mb J&J 4a Feb 1 1937 F&A 4s Aug 1942 F&A 3s July 1950 J&J Equip 5Mb 1932-1937(yr)F&A Eq tr 6s 1932-38 (year) J&D m 5.50% 55 60 76 50 45 7.00 7.00 68 50 5.50% 5.50% 72 Wor Nashua & Roch 4-5s 1945 4s Oct 1 1934 A&O Bos & N Y A L 1st 4s g 1955.F&A Boston Rev Beach & Lynn— 1st m 4Mb July 16 1947.J&J15 fog 7% 7% 7% 7% 7% 71 Gen m 6s '33 extd to '38-J&J 15 Brook & Mon 2d 5s 1938—J&D , Brun & West 1st 4s 1938 J&J k Buffalo Creek 1st 5s 1941—J&J 25 82 87" 1st ref 5s 1961 J&J Buffalo Rochester & Pittsburgh— General 5s g 1937 M&S Con g 4Mb 1957 —M&N 75 78 63 % II II 6% 80^ 82 73 % 77 M 05% 90 94 UK 73 73 77 75 Eq 6s 60 M 98 M 90 57% 6.00 5.50 % 68 70 55 59M 58 94 62 45" Gen M g 4s 1955 F&A Cambria & Ind 1st 4>^s '68..J&J 75" Eq tr 5Mb 1934-38 (year) M&N 100M 87 80 75* 65 80 75M 90 ^ 62 20 66 25 78M 80 82 73 67 90 92 8* 60 90 57 nNominal, 89" Canada Atl 1st 4s 1955 J&J Canada South 5s 1962 ser A.A&O Can Nat Rya 4^8 gu 1954.M&S 50 84 88^ 88% 88^ 88 % 88 % 90 % 92^ 92% 93% 4Mb guar 1957 J&J s guar 1968 J&D 8 guar 1951 M&S s guar 1956 —F&A s guar 1955 J&D 15 40-yr 5s guar 1970 F&A 5s guar 1969 J&J 5a guar 1969 A&O Eq tr 6s 1935 ...M&N Eq tr 4Mb 1932-1942 (gu) M&N Eq tr 4Mb 1932-45(ann)__J&D Canadian Northern— 8.00 8.00 8.00 8 F deb 7s 1940 J&D 8Mb 1946 -—J&J 4Mb Feb 15 1935.F&A Winnipeg Term 4s 1939-- -J&J 101 % 101 96 H 8 F deb s Sale price. 95 50 M ser 75 83 100 84 M Con 1st & coll tr 5s g '34--A&O Butte Anaconda & Pac 5s*44 F&A Cam & Clear—1st 5s g 1941-J&J 73 01% 25 K 1933 (s-aj —F&A Buff & Susquehanna BR Corp— 1st 4s Dec 30 1963. J&J Burl Cedar Rapids & North— 10-yr it Last sale. 68 68 ser 100 70% 5% /This price Includes accrued interest, 68 68 — g % 5Basis. 74 68 68 5s Mar 1942 - 1st Belvidere Dal 1st 3Mb as A 4Mb 1964.J&D tr 4Mb '33-'41 O (yr)_.F&A tr 5s 1932-37 (yr) F&A tr 5s 1933-38 (yr) F&A tr 6s "33-'35 (yr)— J&J 16 . 92 82% 86 65 Gen unif tr 4Hs 1932-40 (yr)__M&N 70 85 D—M&S Refund gold 4s 1941 Div 1st 5s 1950 1st M 5s 1944 ser B J&J Atl Knox & Nor 1st 5s 1946.-J&D Atlanta & St Andrews Bay— Atlantic Coast Line BB— 1st cons 4s July 1 1952 M&S Ool tr g 4s Oct 1 1952 op.M&N Conv deb 4s 1939 op 1916M&N ser 1996 S W Atlanta & Charlotte Air Line— 1st M4«s 1944 ser A J&J 5% M&N 60" Pittsb Lake Erie & W Va— 1st M 5s 1964 M&S fc Aroostook Nor 5s g 1947 A&O Atchison Topeka & Santa Fe— Gen mtge gold 4s 1995.—A&O Adjustment 4s July 1 1955 Nov Stamped .—M&N 8Mb 1929 extd May 1954 M&S 4Mb 1933 42 Bocky Mt DIv 4s 1965—J&J Athens Terminal By— 1st g 5s 1937 J&J 75 83 F&A Trans S L 1st g 4s 1958...J&J Gal-Ariz 1st & rf 4 Me '62 op M&S Series B 85 Baltimore & Ohio— 1st M 4s k July 1 1948—A&O 1st M 5s July 1 1948 A&O 5s May 33 49% Ask. 68~ April 1947 5s Apr 1944 W* 28 34 25 Oonv g 4Mb I960. F&A Ref & gen 5s 1995 series A.J&D Ref & gen 6s 1995 series O.J&D Bid. 5s June 1945 5s Jan 1946 37 16 87 4s-5s 80 100 J&D A&O Oonv g 4s of *09 due 1955 J&D Oonv g 4s of '05 due 1955. J&D Oonv g 4s of '10 due I960. J&D Conv deb 4Mb 1948 J&D 5% 5% 6.50 80 65 gen M 1949--A&0 Aug Term 1st gu g 6s 1947--A&O Aus & NW 1st 5s g 1941 J&J 6.50 Augusta Union Stat 4s 1953-J&J Baft & Harris g 5s 1936 M&N 1st M West Ext g 5s 1938 M&N 82 4s 1942..M&S & West 4s guar 1998 A&O Ann Arbor 1st g 4s 1995 Q-J Eq tr 6s 1932-35 (s-a)..J&J 15 Ark & Mem By Brge & Term— to Atl & Yad 1st gu g 4s Oonv A1 1st Bonds. Boston & Maine (new) 5s Sept *41 106 106 105 101 3 1st M g 5s 1974 series A..M&N Albany & Susq 3Mb g 1946.A&O Alleghany Corp— Coll tr conv 5s 1944 Ooll & conv 5s 1949 Ool & conv 5s 1950 Ask. Atlantic Coast Line BB (Concl) Adirondack 1st 4^s 1942 guM&S Akron & Barb Belt g 4s 1942. J&D Ak Oant & Youngst— 1st marked "f" and income and defaulted bonds. r 88 RAILROAD BONDS 70 marked "f" and Income and defaulted bonds. NOTIOB.—-All bona prices are "and Interest" except where CanadianNW4H« Oct221943- r Canadian Pacific— perpetual—J&J 20-yrcoll tr 4H« 1946__„M&8 Coll tr 5a Apr 15 1934 A&O Coll tr 5s 1954 J&D S f 4%m Dec 15 1944—J&D15 Coll tr 4%a 1960 j&J Cons deben 4a Conv coll tr 6sl942 M&S Eq tr 5s 1944 J&J Eq tr 4Ha 1933-1938 a-a—J&D Eq tr 4Ha 1940-1945 a-a.J&D Oaro Cent 1st g gu 4a 1949- -J&J Oaro Clinch & Ohio 5a 1938--J&D 1st cona 6a 1952 ser A_ J&SD16 Equip 5s 1932-1937 a-a—A&O Eq 5a 1932-1933 a-a -J&D Eq tr 6a 1933-'35 (yrly)-J&J 15 Cart & Adlr 1st 4a 1981 J&D Oatawlsaa cona g 4a 1948 A&O Cent Ark & Ea 1st 5s 1940 op J&J OentrBr Un Pac lat g 4a '48-J&D Oentral of Georgia— lat M g 5s Nov 1 1945—F&A gold 5a 1945— M&N Ref&genSHs 1959 aerB.A&O Ref & gen 5a 1959 aer O—A&O Eq tr 4Hs '33-'40aer P(yr)M&S Eq tr 4Hs '33-'40aerQ(yr)M&N Eq tr 5s 1933-*38 (yrly)—J&D Chat DIv gold 4a 1951—J&D Macon & Nor g 5a 1946 J&J Cona Mid Ga& Atl lat 5a 1947—J&J MobileDiv g 5a 1946 J&J Cent New Eng lat qu 4a 1961 J&J 90 85 74% 80 83 80 81 62 77" 7i % 89 % European loan 4a 1946.M&S Cent RR & Bkg 5a 1937 M&N m Oentral Vermont Ry— Eq tr 5s Dec 14 '32-"44 (yr) Char & Sav gen 7a 1936. J&J Charl & W Oar lat 5s 1946—A&O Chattanooga Sta 4a 1957 gu.J&J Chesapeake & Ohio— 1st cona g 5s 1939 M&N General 4Ha gold 1992—M&S Ref & Impt 4 H a 1993 ser A A&O Ref & lmpt 43*s '95 ser B J&.l Eq tr 4%a *32-*40 W (yr)_A&0 Eq tr 5a 33-*38 (yr) M&S16 Eq tr 5Ha '32-'37 (yrly)-J&D Eq tr 6a 1933-35 (yrly)_J&J15 Eq 6Ha 1932-*35 (ann)___J&D Craig Valley lat 5a g 1940-J&J Potts Creek 4s 1946 J&J R & A Dlv lat con g 4a '89.J&J 2d con g 4a 1989 --.J&J Warm Spr Val lat 5a g '41.M&8 Chesapeake & Ohio Northern— lat M 5a 1945 guar A&O 4a July 1 1949 Chic & East 111 (new co)— Gen M 5a May 1951 J&J 10% 10% 10% b b 7.50 SI* Income 5a Oct 1982 Chic Grt West lat 4a 1959--M&S — Chicago Indiana & Southern Ry Con mtge g 4a 1956 guar.-J&J Chicago Indianap & Louisville— Ref M g 6s 1947 aeries A..J&J Ref M g 5a 1947 aeries B—J&J Ref M g 4a 1947 aeries O..J&J lat & gen 5a 1966 aeries A.M&N lat & gen 6a May '66 aer B J&J Equip tr 6a '33-'35 (yr)—J&J15 Monon Coal gu 6a '36 opt J&D Chic Indianapolis & St. Louis— Short Line 1st 4s 1953—A&O Chicago Late anore & Eastern— 1st M 4H« 1969 opt 1919. J&D Chic Memp & Gulf 5a 1940--J&J 13.50 12.50 88 b 12.50 6 12.50 12.50 90 46 Eq 4Ha '32-'42 O (yr) J Eq tr 4Ha *32-*45 (s-a)---J<5 Chicago St Loula & N O— Con g 5a June 16 '51-—J&D Con g 3Hs June 15'51 J&D. Mem Div 1st 4a 1951 J4 Ohlc St Paul Minn & Omaha— 40}* 59 24 60 80 90 38 45 44 1JH 12 13.50 13.50 13.50 lat & ref g 5a Dec 1 Inc mtge 5a Dec 1 b 70H KK* ' 55 1 b lat gold 5s 5s 9% 9% 9% ^ 36 36% 112 70 66 98 Conv 77 783* 81 5a 1952 50 60 945* 50 75 l°ft Cincinnati Hamilton & DaytonGeneral 5s gold 1942 J& "4% 2d mtge gold 4H» 1937 Cine Ind & St L Sh Line Ry— J<S 83 88 4% 79% 69% 80 % 80 68 30 43 695* 35 11.00 95" Oln Ind & West 1st 5s 1965-M& 60 68 Oln Leb & Nor 4a 1942 74 85 90" M& Cine & Musk Val 4a 1948—F& 66.50 to 963* 102H . 103 105% 100% 91% 4.60 4.60 4.60 4 60 4.60 90 I 1063* 1005* 92%. 91% 4.30% 4.30% lat cons guar g 4a 70 75 69 62 H r 64 60 75 5 J&J 36 3% 1 3 J&D <£. 90 93 75 84 Frem Elk & Mo V 6s 1933. -A&O alv Houston & Henderson— * 85 83 % 92" 15 20 6~.75 973* A&O lat M 5a 1933 J&J & Ala 5s Oct 1945-- 5 / 23 5 25% Ext at 6% to July 1 1934 eorgla & Florida RR— 101 & 70 965* 55 90 3 % / Ctfs of deposit 94 eorgla Fla & Ala RIt— 1st M & ref 6a 1952-——F&A 1 a Mid lat g 3a 1946 A&O a RR & Bkg ref 6a 1951—A&O 4a Jan 1 1947 J&J ) 94 a )fc 86 96 H f Cleveland & Pittsburgh- §6" 45 93 75 92 90 92 50 12 20 10.50 Eq tr 4Ha 1932-1939 a-a.M&N 46H 84" 87 H 87 93 803* A&O 2d 4a 1936 Cleveland Union Terminals— 67 lat M 3a —J&J 1962- 81% 75 ) 40 50 58 80 90 2nd 4s Gold Sterling 1955-A&O lat 4a Feb 25 '39 Alg gu_M&N 88 ) 67 73 H 583* 873* 75 lat 4a Feb 15 '42 Alg 84 73 ) 83 H 30" 32 9% 643* , Eqtr6a 1933-35 Columbia & Port fyear)__J<! 5 6 Col & Tol 1st g 4a 1955 85 913* 893* k 65 }* 50 ) 97 35 38 J 94 101 473* 46 20 20 26 25% 193* 16 11 85 70 75 34 34H W 12% 595* Gen g 3Ha B May 1 1989—J&J Gen 4Hs May '89 aeries O.J&J 51%. 58% 53 59 60 ) 56 61 J 13% 13% lst 5s 1951. 3 J J Deb 4s 1955 Deb 4s 1956 guar ) J 9% ) 9% St ) c Imp & equip 5s I960-—" Union 4a 1949 Dayton " I I 1 50 % 57 52 57 H k 66 Sinking fund deb 5a 1933-M&N 15-year 6Ha Mar 1936—M&S lat & ref 5a May 2037 J&D lat & ref 4 Ha May 2037—J&D lot & ref 4%a May 2037C J&D Conv g 45*a 1949 aer A..M&N 82}* 73% 36% 31% 313* 11% 93 H 58 Gen M 7a 1936 series 79 76H A—J&J .J&J Stmpd (without July 1 1933 475* Gen M 6H« 1952 aer Gen M 5a 1973 aer O 49 49 50 265* 26 Western 21H \\ 90 Fruit Express 6.50 94 96 793* 91H 5.50% 5.25% 6.50 Eq 5s J'ne 15'32-*39 (yr) J&D Eq tr 4Hs 1932-1940-J&D reat Northern Ry of Canada— 5.25% 85 opt to 1914.-A&O Gceenb Ry 1st g gu 4s '40 -M&N •een Bay & West debt certs A„ 79 87 24" 5 Deb ctfs B_- 92 39 6.50 21H ^ ) 22 303* 32 J 6 12.50 47 48 J 47 51 t Guintanamo & Western— 1st M 6s 1958 ser A 9% 82 33 H - 36" 1 / 2 8/30 ) 15 * 27 1st 5s 1950 Series O. A&O A&O 20 47 49 45 H 47 Gulf & Ship Island RR— 1st ref & term g 5s Feb '52. J&J Gulf Termlnel of Mobile— 1st mtge g Is 1957 gu J&J Hirl R & Portch—See N Y N 60 40 50 H & Ha rtford. Valley Ry— 1st cons gold 4Hs 1999---J&J Eq tr 58 1932-1938 (ann).A&O Eq tr 5s 1932-1939 (yr)„.J&J Eq tr 6s '33-'35 (yr) J&J 15 94 5.50 5.50 6% 96 H 4.75% 4.75% 5% 65 85 J : ' 20 ) 3H J&J 15 Hocking Denver & Salt Lake Rylat mtge 6a 1950- 1 63 62 H 6% t 6% t 6% t Cons 4s 1934 91 31H 32% 233* Certificates of deposit. 66 J&J D J&J Gen 4Ha 1977 ser E J&D Eq tr 4Ha 1932-1939—M&S Eq tr 4Ha 1932-1940 D (yr)J&J Eq tr 5a 1932-1938 (yr)-M&8 1st 5 Hs 1950 ser B Eq tr 4Ha 1932-42 (yr). Denver & Rio Grande— ?!* B—J&J Gen 4H* 1976 ser 5 6 1 99" 65 7% 47 % coupon) 74 Det R Tun 4%a 1961 gu 52 8.50 lat & ref g 4 3*s '61 opt '41 J 15-yr Eq ' 101H 98% Great Northern— 7l" J 23 F&A 1950-J&J $ July 1 1950--J&J Eq tr 5s Dec 14 '32-'43 (yr) Jrays Pt Term g 5a 1947 J&D 6 Ha 1936 series F frand Trunk West 4a £ 90 J 65" 62 Sink fund g deb 7s 1940--A&O Deb g 6a Sept 1 1936 M&8 5.50% Delaware & Hudson— ) 54% 64% Gen M 45*a'87atpdlnctaxM&N Gen M 4Hs*87 atpd lnc tax M&N 93 H 100H 98% 96% trand Trunk Ry of Canada— Connecting Ry (Phila)- 50-yr 5a 1975 series A F&A Conv adj 5a Jan 2000 A&O Gen g 4a A May 1 1989—J&J 13% 13% 7.00 9l" 92% lat g gu 4a ) 68 895* Deposit— k 93 % gu.M&N Gen 4a 1962 Can Gov gu__J&J Colorado & Southern 38 27% 30% 13% 8.50% rand Trunk Pacific— Cleveland Terminal & Valley— lat 4a gold guar 1995 M&! 1 46}* 78 35 - 80 ) 90 100 1945--J&J — I — 13* 14 A&O Sou & Fla lat g 5a Deb 5a 1952. 27 H M&N lat M 6a 1946 aer A Cleveland Lorain & Wheeling— Cona now lat 5a 1933 Ai Gen M 5a 1936 J* 11 84 % 70J* / 6 Olev Oolum Cin & Indianap— Gen cons gold 6s 1934 J 40 10 4 3% 65 65 I & 50 80 32 k 25 13% 50 60 68" Equip to 6s 1932-1935 10H 14" 10% J&J Ext at 5H% to 1961 J* 88 100 94 37% 20 53 13 % 84 70" 64 H 80 86 92 90 99 ! r 90 H 84% 93% 86% 95% J&J 99 82 H 823* 1940--J&J (May '32 and May 37 coup)- / ort Dodge Dea Moines & Sou— lat 5a 1938 J&D f 90 1940-—F& r 93 7.50% 7.50% 7.50% 98 H 90H Gen ref gold 4s 1950 J&J lat cona ref 4 H* '52 opt.. M &N 1st con 4Hs 1982 Olev Cine Ohlc & St Loula— 90 8% 44 9.00 9.00 9.00 onda Johnstown & nioversv— 103H 1033* Cleveland Akron & Columbus— 80 45 44% Amended 4.30% 4.30% 4.30% 100 96 55 54 44" M&N la So lat g gn 4a 1945 lorida West Sh 5a 1934 98 60 545* 53% A&O A&O Eq 4Ha '33-'41 H (a-a).-M&S 70 1st M 4 %s 2020 ser A 1st M 5s 2020 ser B - Eq 4Ha '33-'35 G (a-a)—A&O 5.25% 85 83 50 54 1st cons 5s gold 1943 J&J lorida East Coast 4Ha '69. J&D lat & ref 5a 1974 M&8 Certificates of deposit Cincinnati Union Term Co— 70 90 Gen gu g 3 H« «er B Series O 1940— 903* 8.50% 65 61 Itchburg 5a Jan 1 1934 J&J lorida Oentral & Peninsula— 60 lat gold guar 4a 1953 A& OISL&Clst4ag Aug "36--Q- Oln N O & Tex Pac Ry— 100 k J&J J&J A. A&O 50 M&: 93 % 4.75 aer 86 85 84 75 55 A&O Eq tr 6a 1933-35 (year)_J&J15 Eq 4 Ha '32-'41 LL (a-a)—M&S Eq tr 4%a 1932-43 (s-a)—M&S Penn coll g 4a Feb 11951-F&A Choctaw Oklahoma & Gulf— gold gold 4a 1953 A&O Series B 1953 Series D 1953Ref & lmpt m 5a 1967 Ref & mtge m 5s 1975 98 75 H Chicago & Western Indiana— Conaol gold guar 4a 1952 J& lat & ref 5Ha 1962 A M& Choc & Memph 5s 1949 J& lat & ref 5a 1965—1 rle— Prior lien gold 4s 1996 Gen lien gold 4a 1996 103 H 113 97% 85 1950-J&J A&O 1951-J&J lat 6a 1910 ext at 4% Income 5s 2862 1 Paao & R I lat gu 5a 1 Paao & S W RR— i 85 66 I IIII 22 83 Georgia— 87 18 M&N - 30 84 ..M&N dmonton, Dunvegan & Brit Columbia Ry 43*8 1944--A&O 90 1960--M, 23" 22 W* 73 -J&J Conaol 1st g 5s 1956— 9% 97H 1023* 1935 ast Tenn Va & 11 55 H 9% 9% 42" 1941——J&J 1937 Ry of Minnesota— Nor Dlv lat g 4a 1948 A&O astern Tenn & West N C— 16H 51% 9% 11% 101% astern 13.50 J&J <5 Eq 4Hs '32-*43 E & F (yr)_J&J Eq 4Hb '32-'41 G & H(yr)_J&J Equip tr 6a 1933-35 (yr)_J&J15 Equip tr 5s'32-'40 ser B(yr)F&A Chicago & North Western— Gen M 3 Ha g 1987 M&N Gen M gold 4a 1987 M&N Stmpd non-pay Fed Inc tax Gen M 5a *87 atpd lnc tax M&N Gen g a f 5a Jan 1 60 '60 opt J* Eq 6a 1933-'35 (ann) 10 1003* •uluth South Shore & Atlantic— 8% Chic Terre Haute & Southeast 20 65 Chic Milw St Paul & Pac RR— Gen 4Ha May '89 aer E—J&J Gen M 4 Ma May '89 aerF.J&J 8% 27 H b 6.50 7.00 65 100 •uluth Mlaaabe & Northern- 27 b 5.50% 5.50% 5.50% Ask. lat gold guar 4a 1953 -J&J >ul & It Range 1st 5a 1937-A&0 27 863* M&N Chicago & Eastern Illinois— lat conaol 6a gold 1934-- -A&O Chicago & Erie 5a lat g '82-M&N 8% 8% 8% 8% 263* 16% 123* 6.60 Bid. Bonds. •utcheaaOo RR 4 Ha 1940- J&D 92 Chicago & Alton RR— Refunding g Ha 1949 A&O / 44 H Equip trust 6s Jan 15 '32-'35 (yearly) J&J15 b 10% Chicago Burlington & Qulncy— 89 H Gen M 4a 1958. M&S lat & ref 4Ha aer B 1977-F&A 83% lat & ref g 5a 1971 aer A..F&A Illinois Dlv 3 Ha '49 op '29 J&J 10% 88 Oentral Pacific— 1st ref 4s g guar 1949 F&A lat g guar 4a Oct 11954—A&O Guar g 5a 1960 ...F&A 10% >5 ib 6.50% 6.50% Conaol Eq tr 6s '34-'35 (yrly)—J&J15 Eq tr 4Ha 1932-'41 (yr)-F&A 10% 16 Eq 6s Jan 15 '33-'35 Eq 6H» 1933-36 aer Eq 6Ha 1932-36 K Eq4Hs'32-'42 (yr.) Ohlc R 1 & Pac Ry— 90 f.& Atk. Chic & North Western (ConcIJ— tb - 675* 83}* • 67 % Oentral of New Jersey— Gen M (now lat) g 5a 1987 J&J Gen M 4a 1987 J&J Bid. Bonds Ask. Bid. Bonds 57 25" Detroit Toledo & Ironton— lat 5a Mar 1 1964 6 Basis. n Nominal, * Negotiability impaired by maturity, r Canadian price s Sale price. /This price includes accrued int. k Last sale. I In London, m Dollar per 500 francs per £20. JUNE, 1933.] RAILROAD NOTICE.—All bond prioss Bonds. Bid. ore Mand interest" except Ask. 1st lien g 5s 1937 Hudson & Manhattan— 1st gold 5s 1957 Bonds 71 79 M 55 65 Mo Pac (old)—Gen 4s 1975 M&S 82 89% Litchfield & Mad 1st 5s '34.M&N Little Miami guar 4s 1962.-M&N 85 Bid. 70 Eq 6%b 1933-'36 (year).-F&A Eq tr 6s '33-'35 (year)..J&J15 3d 7s ext to July 1938 at 4% M&N Mob & Blrm pr lien 5s 1945. -J&J Little Rock & Hot Ask. 86 Spr West Ry— 85M 1st gold 4s 1939 guar J&J Long Dock 6s con g 1935—-A&O 44 83 % Long Island—Unified g 4s'49M&S Refunding g gu 4s 1949—.M&8 Gen mtge gold 4s 1938 J&D Debenture gold 5s 1934—J&D Debenture gold 5s 1937.M&N Equip tr 5s 1932-39 (yr)..A&0 Equiptr6sl932 (yr) F&A L 1 City & F con 5s 1937...M&N Los Angeles Un Term 6s '41-M&N m% 1st gold 3 Ms 1951 53* 8i % J&J 3-year notes 4M® 1934 J&D Main L est 1st k 3Mb 51-A&C s £4s gold of 1952 £4s gold of 1963 I I .... Coll crust gold 4s 1952 A&O Col tr L N O & T g 4s '53-M&N 67% 45 85 58 .73 Refmtge 5s 1955 76% Ref 69 g —M&N 4s 1955 opt 1918. M&N Pur lines 1st g 3Ms 1952-J&J Jt 1st ref M (10 & OSL& N O) 5s 1963 ser A J&D Ser B 5s(£100 & £200)*63J&D Series O 4Mb 1963 J&D Gold 6Ms July 1 1936— -J&J 40-year 4%a Aug 1 1966—F&A Eq tr 4Mb 1932-1939 K..F&A Eq tr 4Mb 1932-1940 L—A&O Eqtr 4Ms'32-'41 M (s-a)_M&N Eq tr 4Mb 1932-41 Ser N.A&O Eq tr 4Mb '32-'36 (yr) O..J&J Eq tr 5s 1932-38 ser J M&N Eq tr 6s '33-35 (year)..J&J 15 Equip 6 Ms 1 933-1934 (yr). F&A Equip 7s 1932-1935 A&O Cairo Bridge 4s g 1950—J&D LItch Dlv 1st g 3s 1051—J&J Loulsv Dlv 3Ms g 1953—J&J Omaha Dlv 1st 3s g 1951—F&A St Louis Dlv 3Ms g 1951—J&J St Louis Dlv 3s g 1951 J&J Sp'fleld Dlv ext 3M» 1951 J&J Western lines g 4s 1951 F&A Id Blm & W ext 4s 1940 A&O Indiana Harbor Belt RR— Genl mtge 4s 1957 ...J&J Gen mtge 4Kb 1957 J&J Ind 111 & la 1st g 4s 1950 J&J 65M If 60 60M M&S Ha 1935 J&J Ref & ext 5s series A 1967.. J&J Ref & ext 6s series B 1967—J&J Jamestown Frank & Clearfield— 1st r 4s 1959 guar J&D Joplin Union Depot Co— ist g 4M» 1940 _ guar on .M&N Kalamazoo & So Hav 5s '39 M&N Kalamazoo & White Pigeon RR 1st gold 5s 1940 —J&J ^ Kauawna Br & Ter 5s 1948-. A&u Kana & Micb 1st 4s 1990—A&O Eq tr 6s 1933-35 (yr)...J&J 15 Kanawha & W Va 5s 1955—J&J Kan City Ft Scott & Ref 4s 193fi guar A&O Income 5s Mar 1934 Assented 2d mtge 3s 1980 61% 86 58% 65 74 71 65 H ^ 36 w* 30 30 Eq tr 6s 1933-35 (year).. J&J15 (year) M&S Ry— 1st g 4s 1960 opt 1930 J&J Kansas Oklahoma & Gulf— 1st M 5s 1978 12% a* Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 4Mb 1961 (sterling)_J&J accrint at exchrate 4.8665 Stmpdaccrint at rate 4.8665 Lehigh & New England— 1st M gold 5s 1945 J&J Gen mtge gold 5s 1954....J&J Ssjseries B 1954 J&J Con M 6s ann lrred Con M 4Mb ann lrred Gen J&D J&D gold 4s 2003 M&N gold 4 Ms 2003... M&N gold 5s 2003 .M&N cons Gen con Gen con Lehigh Valley Ry of New York 1st 4Mb gold 1940 J&J Lehigh Vail Term 5s 1941... A&O 83 35 45 83 Ind_1957J&JlO 54"" Mlddletown & Unionville— 1st M 6s 1933 M&N 2d M adj inc 6s 1933 Midi RR 4% franc bonds (Foreign series) 1960 Midland N of J 1st 5% to 1940.. Adj M Apr 1 *53 qo Milwaukee & Cons to Mil 55% 34% 36M 55 62 6s 1913 ext 1934 (1884) at 48 52 72 6.25% 91% 91% 63% 78% 65% 68% 1st consol gold 5sl934 Certificates of deposit 1st ser cons 1st cons 80 75 80 67% 77 50 58% 76% 78% 1st Ch Ter 87 87 A.Q-F J! 1% 39 28 45 J&J 16 J&J M&S 58 f 4s '41op'16.M&N g 45 49 50 55 53% 59% 71% 79 91 Conv g 5%b 1949 ser A—M&N 77 5% 2% 21 Adj M 5s Jan 1967 ser A..A&O Mo Kan & Tex (old company)— 1st gold 4s 1990 J&D Eq tr 6s 1933-*35 (year)_J&J15 Mo Pacific RR (new company)— 1st & ref 5s Jan 1965 A F&A 1st & ref 5s 1977 ser F M&S 1st & ref 5s 1978 ser G...M&N 1st & ref 58 1980 ser H—A&O 1st & ref 5s 1981 ser I F&A 96 , 4% 2% 43 Prior lien 4s 1962 ser B J&J Prior lien 4Mb 1978 ser D.J&J 85 59% 15 / 5s 1949...J&J Mo-Ill RR 5s 1959— J&J Missouri-Kansas-Texas RR— Prior lien 5s 1962 ser A J&J 102 86 69 48% 40 17% 14% 14% 5 14% b 14% 20 b 10% 10% b 10 10 82 66% 22% 82 IS* 67 IVA 70 70 71% 55% 27% 55 84 7.00 . . . 84 5.50 ir I In London, m 2 2 1% 2% 1% 2 83 98" 102 77 66 K 60 85 56% 70 70 20 59 18 25 25 13.50 85% M&N A&O New York Central & Hud Rlv— 1 1997 J&J Eq tr 6s '33- 35 (year)__J&J15 NYC L eq 5s '32-'37 (yr)_J&D NYC L eq 5s 32-'39 (yr)_J&D NYC L eq 4Mb ,32-,37(yr)M&S NYC Lines eq 4 %b Mar 15 1932 to (yearly) M&N15 NYC RR eq 4Ms *36-'32..J&J NYC RR eq 4%a ,32-'45.M&N N Y O & St L 1st g 4s 1937. .A&O 3-yr 6% g notes Oct 1 '35A&0 Ref 5%b 1974 ser A A&O Ref 4Ks 1978 ser O M&S Equip tr 4Ms 1932-*44 (yr) F&A Equip tr 5s 1932-*38 (yr)—F&A 6% 6% to to 1939 (year) M&815 NYC Lines eq 4 Ms '33-*35 J&J NYC Lines eq 4Ms '32-*40 6% 6% to .50% to 6% .50% to 6% .50% to 6% llh/* 80 28 29% 32 35 30 30% 6% 6% 6 50 6.50 New York Connecting RR— 1st M 4%» 1953 series A—F&A 1st guar 5s 1953 series B F&A New York & Erie RR— 1st 4s ext g 1947 M&N N Y & Gr Lake gu g 5s 1946.M&N N Y & Har 1st g 3%b 2000—M&N N Y Lack & Western— 1st & ref 4%b 1973 ser B—M&N N Y & L Br gen 4s 1941 M&S NY & NE Bos Ter 4s 1939—A&O N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv—J&J15 Deb 4s May 11957 M&N Deb Deb Deb Deb Deb Deb 4s July 1 *55 non-conv J&J 4s 1956 non-conv M&N 4s 1947 non-conv M&8 33 32 33* 98 76 34% 85 65 80 76 81 52% 58 60 i 56 60* Equip tr 4 Ms Sept 15 1932 to 32% 33 Mar 15 1945 (s-a)._M&S 16 4 Hs *32-,46(yr).J&J Harl Rlv & Pt Ohes 4s *54 M&N 9} 60 k Last sale. p 1 A&O 32 33% 32% 11 f This price Includes accrued Interest, 1st gold 5s 1935. New York Central RR—• Conv deb 6s 1935 3 Ms March 1947 M&S 3%b 1954 non-conv—A&O 3M* 1956 conv.— J&J 15-year secured 6s 1940 A&O 1st & ref 4 Ms 1967 J&D IVi Equip trust 5s 1933-'40(yr)M&S Eq tr 4Mb *32-*44 P (yr)-M&N 22% CentTermRy— s Mississippi Cent 80 93 73 41 47% M&N 25-year 5%b 1949 Eq tr 4s '32-'38 s-a_— J&D15 Eq tr 4Mb 1932-36 (s-a)_M&N Eq tr 5s 1932-'33 (s-a) M&S Eq tr 6s 1932-*35 (year)..M&S MStP&SS M & $ L S coll tr g 3%a 1998 F&A M O coll tr g 3%b 1998._.F&A J&J 2d M gold 4s guar 1st ref 6s 1946 series A 1st ref 5%b 1978 ser B Eq trust 4Mb 1932-'42 A&O Newport & Cincinnati Bridge— 1st M g 4%a 1945 guar___J&J New York Bklyn & Manh Beach 15 J&J 1949._.J&J gold 5s 1938 5s 1938 gu lnt 9 1% 1% Eq tr 7s '32-'35 (year)__A&015 J.J refdg gold 4s 1949....M&S Ref & ext 5s Feb "62 8% 27% 24% 65 4J Certificates of deposit Minn St P & Sault Ste Marie— 1st cons gold 4s 1938......J&J 75 62" 10 Minneapolis & St Louis— 1st 7s '27 ext at 6% 1932..J&D 6.25% 7.25 J&J 50 Sparta & NW 1st 4s 1947M&S 73 75% 78 71 84 New Orl Term 1st 4s 1953.—J&J New Orleans Texas & Mexico— Non-cum lnc 5s *35 ser A..A&0 1st 5s 1954 series B A&O Ref g 3Ms July (1880)..J&D 71 72 61 Deb g 4s '34 tax-exempt.M&N Deb 4s 1942 tax-exempt. .J&J Ref & ref 4 josser A 2013—A&O Mil&State Line lst3Msl94J_J&J 85 66 67 72 7.25 perpetual™_J&J Consol g 5s July 1 1945 J&J N Hav & North 4s 1956 gu—J&D N J June 1st 4s gu 1986 F&A Ref & impt 5s 2013 O J&D 1910 A&O Northern— 1st ext 4Mb 1934 98 Cons mtge 4s 1998 ser A..F&A Ref & Impt 4%b 2013 A A&O 40 M&N A....Sept ser 84 40 A&O 6s Midland Valley—5s 1943 5.50% 88 79" 64% 61 — 46 ext at 53 — M&S 89 29 58 1st M 5Ma 1954 series A..A&O 1st 5s 1956 series O F&A 1st M 4Mb 1956 series D_ .F&A 89 50 45 C. J&J 1st g 4s Jol & N 90 72 f 4Mb 1955.- Extended at 5% 1940 M&N Ref & Impt 4 %a '52 ser A.. J&J 86 1st g 3Ms J L & Sag 1951.M&S 1st gold 3 Ms 1952 M&N 96 85" 35 1st 5s Kal &S H 1939 M&N 1st mtge M Air L 4s 1940.-J&J 83 7.00 99 f 98 79* 78 s 1st coll trg 5s Oct 11947.. A&O lat & con & coll tr g 5s 1951 A&O New Orl Gt Nor 1st 5s *55-.F&A New Orl & Nor East 6s 1915. 70 ser 69% 55 95 A&O 1st M 51 45 Asst (cash warr & coup) 75 20 Naugatuck 1st 4s 1954 M&N New Brunsw 1st g 5s 1934.—F&A Cons deb 4s New Lon Nor 1st 4s 1940—J&J New Mexico Ry & Coal Co— Secured 5%b 1932-1956—J&D b Basis, 70 101 96% M&S / 55 60 National Transc Branch Lines Co 54 10Vs 1% 79% J&D 72 76% 50 Eq tr 4Kb 1932-42 (yr)„A&O b 5.50% Lehigh Valley Harbor Term R 1st mtge 5s 1954— Lehigh Valley— 1st 6s ext gold 4s 1948 62 30 62 49% Michigan Central— Ref & Impt 4%b 1979 65% .. .. Plain 1961 J&J Lake Erie & West 1st 5s *37..J&J 2d gold 5s July 1 1941 J&J Lake 8hore & Mich South— Con g ref 3Ms 1997. J&D 89" 80% 75 75 55 6% g notes *15 ext to *33--J&D 6% g notes £ *15 ext to *33-J&D Nat RR of Mex p 1 g 4 %a '26 J&J 1st cons gold 4s 1951 A&O 51 35 70 72 80 95 40 F&A 95" New Eng cons 4s 1945 gu Prior lien 4 %b 1947 1st con gold 4s 1977 44 % 92% A 51 50 62M ser 92 53 12% 14% iP Prior lien g 4Mb s f 1957—J&J Gen mtge 4s 1977 .A&O ManitowGB&NW3 Ms'41 J&J Maryland & Pa 1st g 4s '51-M&S Memphis Union Station Co— 1st g gu 5e Nov 1 1959..M&N Meridian Term 4s '55 guar.M&N Mexican International— 9% 45M 1st M 4s 1978 Eq tr4Ma 1932-'37 (year).A&O Nash F & S 1st gu g 5s 1937..F&A National Rys of Mexico— 50 41% ilH Constr»n4M» 1955 ser B.M&N Nashville Chattanooga & St L— 78% Philippine Govt gu M&N Sinking fund g 7s 1937..M&N 37 40M 1st mtge 5s 1935 J&J Morris & Essex 3%a 2000— -J&D Constr'n 5a 1955 ser A...M&N 48 1st J&J 5% 50 95 46 35" 60 17% 25 J&D 4M? 1935 90 M&S J&D Manila RR Sou Lines 4s'39.M&N 4s 1939 ext to 1959 —. 92 13.50 J&J J&D 1st & ref 91 J&J 77 45 M&S 1st & ref 5s Dec 1935 1st & ref 6s Dec 1935. 65 Eq tr 5Ms 1932-38 6% Manitoba S W Col 5s 1934—J&D 75 Kansas City Terminal 99% 4.75% 4.75% 5.50 Maine Central— 75 81 M&« M&S SI* 78% gold 4s, 1952 J&J L & N Term 1st g 4s '52 gu J&D Macon Dub & Sav 5s 1947.-J&J Macon Terminal 5s 1965 J&J Mahon O RR 1st 5s 1934 J&J 53 Sept 1 Kan City Sou—1st g 39 1950 A&O Ref & Impt 5s Apr I 1950. _J&J _ 88 5.50 6s 1937 Montour RR 93% A-0 A&O g 58 1st 5« 1963—F&A Morgantown & Klngwood— 85 11* Mob & Mont 4Mb 1945..M&S Southern Ry joint Monon coll 52% K C Mem & Bir 4s 1934 1st guar gold 5s 1937 Mont Wyo & So 5s 1939 93% Memphis— er Certificates of deposit. Gen 6s 1955 Mont Cent 1st J&J 58 M&S 82 100 % Atl K & Cln Dlv 4s 1955..M&N Pad & Mem Dlv 1st 4s '46.F&A S E & St L Dlv 6s 1971-M&S 57% Secured 5s 1938 Eq 4%b *33^41 O (yr)_.J&J15 Eq tr 5s 1932-'38 (s-a) M&S Eq tr 5s 1933-'39 (year)...J&J Montgom Dlv g 5s 1947--F&A Moh & Mai 4s 1991 .M&S Consol gold 3%b 2002 M&S Monongahela Sou 5s 1955..A&0 49 M&N 5s 1941 if Mob & Ohio, gen 4s 1938. ..M&S Ref & impt 4Mb 1977 M&S 20 70 70 64 35" 16 Eq tr 4%b 1932-37 (year)_J&D Equip 6Ms 1933-36 (year) M&S Eq tr 6s 33-'35 (yr) J&J15 J&D Jacksonville Terminal— 100 Bridge 1st & ref 5Ms 2003 ser A—A&O 1st & ref 5s 2003 ser B A&O 1st & ref 4Mb 2003 ser O—A&O ?! 31 Iowa Cent 1st g 5s 1938 Certificates of deposit 1st & refg 4s 1951 la Minn & N W 1st 3 4.75 Unified gold 4s 1940 58 Indianap & Lou 1st 4s 1956—J&J internat-Great North Ry— 1st M g 6s 1952 series A..J&J Adj M 6s July 1952 ser A-April 1st col tr 6% notes 1941-M&N 6% notes 1936 1st 1& ref 6Hs 1947 F&A 5.25 if* 50-year gold 5s 1937 7% 7% 7% 7% 7% 88 88 J&J J&J 93% 4.75 ~ Vk* 70 60 J&J 79 J&J Guaranteed gold 4s 1945—M&S Louisville & Nashville— 86 % Gen & refg 5s 1965 ser A—J&J Series B 1st M 58 1956 series B 1st M 58 1956 ser C. 99% Ask. w* 60 55 Gen M g 4s 1945 Small 48 1st mtge gold 5s 1946 Louisville & Jeffersonvllle / Indianapolis Union— Eq tr 4Mb 1932-42 (yr)__A&U Internat Rys (Central America)— 1st M 5s 1972 opt— M&N 96 Bid. Small 90% 89% 96% 89 Louslana & North Western— 1st M gold 5s 1935 A&O / Louisvhie Henderson & St Louis— 50 48 100 93 Louisiana & Arkansas— 1st M 5s 1969 *58M Bonds 90 J&J opt.. F&A Adj lnc up'to 5% Feb *57.A&O 1st M 4Mb1957 conv F&A Illinois Central—1st g 4s *51-J&J _ 71 Lehigh & N Y 1st 4s 1945—M&S Lex & East 1st 5s 1965 A&O Holldaysburg Bedford & Cumb 1st M g 4s 1951 guar.. J&J Housatonic con 5s 1937 M&N Houston Belt & Term 5s '37-J&J Houston & Texas Central— BONDS where marked "f" and lnoome and defaulted bonde. 60 Eqpt. tr 53 79% 83" 70% 72 .75% 5.50% 5.50% 'Z§% 88 70 Dollars per 1,000 franc bond, a Nominal, s 54 55 Sale price 60 1 BONDS RAILROAD 73 80T10B. — 'and interest All bond prices u« Bid Bonds wbtti marked "f exo«pt Bid. Bonds Atk. ft* 60 Gen M g 4b 1955 red J&D N Y Pa & O p 1 4M« 1935-M&S 1 1st p 4s 1937 s f opt gu— Pitts Bessemer & Lake Erie— 235* 73 70 77 do Ser B 87 do 69 985* 99 97 m Ser O 1942 66 99 1 - 85 I ) 1947 90" 80 do Stock trust ctfi 4i 1948 N Y Prov & Bob 4a 1942 1993 A&O N Y Short Line 1st 4s 1957-F&A N Y Suaq A Western— 1st refunding 5b 1937 J&J 2d mtge 4Ms 1937 F&A Gen mtge 5* g 1940 -F&A Term 1st g 5b 1943 M&N N Y Westchester & Bos By— 1st M g 4Ms 1946 guar J&J Nord By s f 65*s 1950 A&O Norfolk & Oar 5s 1939 A&O N Y A Put lit 4b g 1942 ) 45 M 47 M 33 do do 4s 35" 37 5* do Ser 4s ser H ser 90 1960 1963 1 1 fc G 1957. r do 90 52 103 525* 105m B. 88 Ms 1977 ser 85 Gen M 5s 1975 Gen M 4 ser 15M / 83"" \rA N & W Pocahontas 4s '41.J&D M&N b A&O b J&J b Northern Central— Gen & ref 5a 1974 1025* 98M 985* 96 4.50 4.50 Pitts Shaw & N—1st g 6s 1035* 985* Gold 4s Feb 1 1952 1927— Pittsburgh & Shawmut— 1st s f g 5s 1959 P S & L E 1st g 5s 4 '4 6% receivers* ctfs Norfolk & Western Impt & exten 6b 1934 F&A N & W By 1st con 4s '96.-A&O Dlv 1st lien & gen g 4s July 1 1944 opt Jan 1 1929 J&J r 7m 88 if if 1 15 ) 50 98 4% 1st g guar s f 5s 1942 Pitts Va & Char gu 4s 1943 40 65 r f 54 54 54 > ) ) Gen & ref g 4 Ms ser A*74_ M&S Nor Maine Seaport 6s 1935-A&C Nor Ohio 1st gu 5s g 1945—A&O 78 92 95 1st gen 4s 19 22 1st M 5s 1962 series B— Q-J Q-F Bef & Imp 4Mb 2047 ser A. J&J Bef & Imp 6s 2047 ser B—J&J Bef & Imp 5b 2047 ser O—_J&J Bef & Imp 5a 2047 ser D J&J Eq tr 4Ms 1932 (yr) F&A15 b Eq tr 4 Ms 1932*40 (yr)M&S15 b No By of Cal 5s g gu 1938.-A&O North Penna ext'd 4s 1936—M&N Gen g 3 3-10s 1953 J&J 85 595* 60 72 84m O Ind & W g 5s Apr 1938 78 r 85 42 55 79 Raleigh & Augusta Air Line— [ I 91 Reading Company— 79" ) J 84 J&D 82 1st m 4Mb 1950series O—-J&J 95 Que deb gu 5s perp___ J&D i 107 6%capital stock Gen & ref 4Ms 1997 B. ser 90 1015* 103 m g gu 1st M a F&A f f 6Ms 1948- Oardelet Br 1st 4Mb 1938-A&O Paducah & 111 1st 4 Ms 1955.J&J Paris-Orleans extl 5Ms 1968 M&S 3 92 h r 103 to 1956 —..J&D h Paulista By 1st 7s '42serA M&S15 & Rensselaer Gutr ctfs g3Ms 1941 Gu tr ctfs g 3 Ms 1942 M&N M&S F&A J&D J&D Gu tr ctfs g 3 Ms 1944 Sec g 45*s 1963 M&N Pa&NYOanal con 5s 1939—A&0 8 g 1941--M&] 12 r 90 7% 78 J 97 ) 89 355* 105" ) 43 '< 3 75" 82 M j 78 h 88 90 Rutland con45*s 1941---—J& J St Clair Mad & St Louis Belt— 83 M&N J 102m 86 M 98 95 5 60 75 74 % 4.40% 4.40% 3 60 60 75 75 J IP 17 1 Louis St iiS it* Southwestern— 2d g Inc 4s Nov 1989— . 1st term & unif 5s 1952. J 625* 38 445* 415* 1 Gen & ref 5s ser A 1990. j 31 34 Eq tr 5 Ms 1932-1939 (s-a Equip tr 4Ms 1932-1945. 4.40% 62 5* 3 1st g 4« 1989 65* It* — * b 12.50 J b 12.50 65 46 8.50% 8.50% St Paul & Duluth— \ 75 45 455* 90 96 j 965* 90 96 j 98 82 m 97 5* 85 j 965* 99 ) 78 95 i III 50 Eq tr 6s '33-'35 (yr) J&J 15 Perkiomen 1st 5s '18 ext to '38Q-J 12.00 j 63 Gen 5s 1974 series B_ F&A Gen M 4Ms 1977 ser O—_J&J & N Y 3s 1942.-A&O 185* 3 59 < Ph a & Bait Cent 4s 1951-M«« Phila Bait & Wash 4s 1943-M&N 19 - 18 165* 16M 1st g 4s July 1956 ser B..J&J 1st 4Mb 1980 ser O _.M&8 2d 5s 1918 ext to 1938 185* 17 j 86 M 80 H 80 WA St Louis-San Francisco Ry— 103 m 795* 102 M 86 M Peoria Ry Ter 4s '37 gu op„-J&J Pere Marquette Ry— „ 68 *505* 50 I 94 „ 1st g 6s July 1956 Ser A..J&J 645* St Louis Iron Mt & Sou— 93 „ , 90" I 1 J&J i 85 74 A&O Eq tr 5s 1933-38 (yr) M&S 64.75% Gen equip 5s 1932-39 (yr) A&O 64.75% EqtrlMs 1932-39 (yr)—A&O 64.75% Peor & East cons 4s 1940—A&O 53 m 5 5* 2d cons inc 4s 1990 Apr 1 Peoria & Pekin Union Ry— let g 5Ms 1974 series A—F&A 55 ) Con M 3Ms g £ 1945 Deb 4 Ms 1970 „ 3 88 96m 96m 96 275* 54" 53 36 81 J St J 86 50 44 47 J 87 I* Rock Island-Frisco Term Ry— 73 78 F 515* 26 ), 84 63" f f 46 40 m 75 99" Richmond-Washington Co— 89" F&A 5.75% 85" 80 15-yr 6 Ms Feb 1 1936 40-yr 5s 1964 96" 101m 38 ) 103 m 87 5* 86 5* Phila & Reading BR—See "Readi ng Co" 55 9% *47-_ St P & K O Sh 4 M« 1941—1 St Paul Minn & Manitoba— St Paul East Gr Tr 4M« 1st St cons Paul red to 4Ms g 1933. Union k J 455* 985* 985* 975* 86 745* Depot— J Salt Lake City Un Dep 975* 98 m f Th'8 Price Includes accrued Interest, 102 15 1st gu 6s 1935 / series A—F&A deposit———, / Certificates of 1st gu 6s 1935 ser B--—F&A Certificates of deposit.----- / Lewlsb g— July 1 1925 ext at 5 5M "4M 5% to July 11945-—-J&J Shrev Bdg & Ter 5s 55 gU—F&A Sioux City & Pac 3M" 1936--F&A Somerset Ry 1st & ref 4s 55-J&J 1st M 4s July 2 1950------J&J * 5s 1936.F&A 5s 1963— -- A&O So Pac Coast 1st g 4s 1937—J&J Southern 111 & Mo Bridge Go— Gen cons gu g 1st M g 4s 1951----—-—M&N South Indiana 1st g 4s 1951--F&A So Pacific Branch L 1st 6s 37 A&O _ 49 J&D Lines) A mac J . -M&S M&N -m&N Equip 7s 1932-1935 (yr) J&D Equip 5s 1932-1939 (yr)-M&N 40-year 4M« 1968— 50-year 4Ms 1981 4Mb 1969 with war Equip tr 5s 1932-38 (yT)-J&® Eq tr 4M» 1932-40 (yr)--_J&D Eq tr 4M" '32-*41 (yr) J&D Pacific Fruit Express equip 7s (yr)--J&D Eq 5s '33-89 O (yr) M&S Eq 5s *32-'41 D (yr)._.- A&O Southern Pacific (Golden Gate Ferries) 1st 5Ms 1949 A&O June 1 1932-1935 1st con g 5s gu 1937-- --M&N 1st ref g 4s 1955 op 1910--J&J Railway— gold 5s 1994— - J&J Develop & gen M g; 4s 56-A&O Develop & gen 6s 1956. --A&O Develop & gen 6Ms 1956-A&O Eq tr 6s *33-*35 (yr)---J&J 15 Eq tr 5s 1932-39 (s-a)—-M&S 99 100 X 40 46 30 30 / 10 95 M 80M 88 47 50 48 , 51 97 54m 58 68 68 M 77 m 84 57 m 56m 57 m 57 m 57 m 5.75 5.75 5.75 §z° §z° 5.75 5.75 5.00 5.00 5.00 79 58 m 5% 5% 5% 4.50% 4.50% 4.50% 82 99 74 75 80 M 50 82 H _ (^|) A&O 1938 M&S Eqtr 4mb Oct 32-*39 66 13.50 12% 12% 75 lien 5s 58 1st Mem Div g 5s 1996----J&J St Louis Div 1st g 4s 1951-J&J L & N So joint g 4s—See L & N 47 Mobile & O coll tr 4s 38-M&S 35 Spartanburg Un Col 4s 95.-J&J 20 SpoK Internat 1st g 5s 1955-J&J Staten Isl Ry 4M» 1?43--—-J&D 34" Stephenv N&S Tex 5a 40 op_J&J 10 Suffolk & Oar con 5s 1952—-J&J Sun & Lewis 1st g 4s 1936.---J&J Sunbury Hazleton & W-B—98 2d mtge inc 6s 1938 coup-M&N Susquehanna Bloomsburg & 85 Berwick RR 5s 1952 Tampa & Gulf Coast— 2m 1st g 5s 1953 —A&O / 32m Tampa North 1st 5s 36 op_J&J Tennessee Central Ry — 33 m 1st m 6s 1947 s«r A.. —-A&O Term RR Assu (St Louis)— 99 h 1st gold 4H* 1939 --—A&O 97 h 1st consol gold 5s 1944—-F&A 79 m Gen ref s f g 4s 53; op 10—J&J 82 Terre Haute & Peor 5s 1942-M&S Texarkana & Ft Smith 73 m 1st m 5 M« 1950 guar --F&A 46 Texas City Term 6s 1941-J&J26 Texas & N O con 5« 1943—- J& J 94" Texas & Pac 1st 5s 2000-—-J&D 2nd inc g 5s Dec 2000-——Alar f 66 m Gen & ref 5s 1977 ser B.—A&O 67 m Gen & ref 5s 1979 ser O—A&O 69 Gen & ref 5s 1980 ser D--J&D Eq tr 5s 1932-1939 — M&N b 8.50 8.50 Eq tr 4 Ms 1933-42 (yr)—A&O b 8.50 Eq_tr 4 Ms 1933-43 (yr) — F&A b Tex Pac-Mo Pac Term RR—• 62 1st M g 5Ms 1964—---/-M&S 70 Tol Can Sou & D 1st 4s 56--J&J 86 m To I & Ohio Gent 1st 5s 1935-J&J West Dlv 1st 5s g 1935—-A&O Gen gold 5s 1935 ---J&D 7".50 Eq tr 6s 1933-1935 (yr).J&J15( b Toledo Peoria & Western RB-" 43 lstm. 6s 1952 J&J Toledo St Louis & Western— 60 1st gold 4s Apr 1 1950—-A&O 75 Tol Term 1st 4 M« *57 gu—-M&N TolWalb Valley & Ohio-— 1st g gu 4 M« 1933 ser B—-J&J k 100 M 1st g gu 4s 1942 ser O M&S Toronto Hamilton & Buffalo— 56 1st gold 4s June 1 1946—-J&D 55 Consol m 4mb 1966 ser A—F&A B Tenn reorg 505* 65 X 70'" 9% 9% 9% 90 81 61M 475* 30" 36m 100 5 50 100 82 86 75 52 97" 70" 69 71 7% 7% 7% 92 93" 89 84 m 6% 46 605* 80 84 65 103 ) J?,?3,8/8- 59 ) * 60 60 60 85 J liability impaired by maturity. 45 & RR— 1 San Fran & San 60"" 1st consol Richmond & Mecklenburg— 85 84 Gen g 5s Dec 1 1968 J&D Gen m 45*s 1981 ser D—A&O 4.50% 90 84 69 W 8M 45 45 Southern Pacific RR Cal— 90 Saratoga— bds May 1 80 72 A&O Pennsylvania RR— Con M 4s gold 1943 M&M do 4s gold 1948 M&N do 4s gold 1948 sterling stamped dollar bond do 4Hag I960F&A Gen g 4Mb 1965 J&D 78 Rich Fredericks b & Potomac— 77 m Cons mtge 4s 1939 A&O Penn Ohio & Detroit RR— 1st & ref 4M" 1977 ser A—A&O Cons mtge 4M« 1939 85" 755* 83 m 86 m 5.25 56 845* Pennsylvania Company— Gu tr ctfs g 4s 1952 Gu tr ctfs g 3Ms 1937 12" ) 84 m 77S f, §* Ry— Southern 6% franc bonds (foreign series) red 25 8 25 75 93 945* 1005* ) Pacific Coast Co—See Mlsc Bonds Pacific Coast Terminals Ltd— Pac of Mo 1st ex g 4s 1938—F&A 2d ext 5s gold 1938J&J b j 6% 4s *61 opt--J&J I 68" 100 117 Oregon-Wash BR & Nav— !■£ & ref* / if I 85 Ont & _ 75 60 ) 26 70 73 85 35 23 73 7 7m _ Florida 1st 4M» (Oregon 1977 Conv g 5Vi934l-- 73 72 *3M ♦/ / Coll tr 4s (O P) Aug x 70 77 Portsmouth Great Falls & 94"" 2 */12 „ 71 72 80 1 ~5% 1st Seab-All 71 65 Q-J Ore KK & Nay cons 4s 1946-J&D Ore Short Line 1st 5s 1946--J&J 1st cons guar 5s 1946 J&J ■mmmmrn 68 68 1 18M / Eq Southern Pacific Co— L lst M 6s 1953 series B. 65 _ mm mm mm ---- ) F&A 1st M 5Ms 1944 1st M 5s 1945 series B 925* ) Port Arthur Canal & Dock- 5% 18 */16 / 15 S & N Ala cons M g 595* O— 75 845* 76 M 76M 6% 6% 94 South Bound RR 85 series A 1948-_ 1st gen 5s 1974 series 1st 4M* 1977 ser D Northwestern Terminal BB— Ohio Biv BR—1st g 5s 1936. J&D Gen gold 5s 1937A&O Old Colony BR 4s 1938 J&J * Pitts Young & Ash— 3 1st M 5s 1977 f Norwich & Wor—4Ms 1947.M&S Ogd & L Oh 1st g gu 4s 1948.J&J Ohio Connecting 4s 1943---M&S 45 West Va Ry— 4.50 94 Northern Pacific— Prior lien g 4s Jan 1997 Gen lien g 3s Jan 2047 92 1950-A&O */16 Stamped Ctfs of dep stamped.----A&O AdJ mtge 6s Oct 1 1949--F&A Ref gold 4s 1959 opt- —A&O Certificates of deposit-----1st & cons 6s 1945 ser A—M&S Certificates of deposit..-— 5% secured notes 1931--*&a Equip tr 6s (s-a) 1932-37-F&A Eq tr 5M« 1932 (■-»)---AAO Eq tr 5s 1933-1940 (Va)--J&J 2d 6s gold k 100 Pitts & Seab Air Line 1st g 4s 100 Shamokin Sunbury & > k 100 1940 A. —M&S ser 4 25 Pittsb Term RR & Coal— 99 P SclotoVaf&N1:IVtV1989 Atl 7.25 •5.75% 985* 1005* )b 6 92 m 99 Pitts & Lake Erie 85 * let gen g 5s 1954 opt J&J Norfolk Ter 1st gu 4b 1961—M&N Eq tr 45*s 1932 (yr) Eq tr 4Mb 1932 (yr) Eq tr 4 >4a 1933-f35 92 92 { - Norfolk Southern— 1st & ref g 5s *61 opt '15—F&A Norf & South 1st 5s 1941.M&N 965* 85 90 90 i do 61 100 90 do 80 95 100 > Cons gold 5s 85 M&N J&D AAO 85 m 23 m Pitts Cln Chic & St Louis— 94 N Y Phil & Norf—lit g 4b *39 JAJ Atk. Bid Santa Fe Prescott & Phoenix 60) 55 J defaulted bonda. Bonds Atk. Philippine Railway— New York Ontario & We*tern— lief l«t g 4s June 1992——M&S Income 4* Jan 11939 and Inoome and 82 85 615* Joaquin Val— h Dollars per 1,000-franc bond, k sale. I In London, n Nominal, r Sale price *Nego' JuNH, 1933.] RAILROAD NOTICE.—All bond prises ere "and interest" Bonds and Stocks. Bid. Ask. 87 H 102 40-year 4 Hi 1907 J&J 40-year 4s 1968 J&D Eq tr 4H« *32-'38 (yr) M&N Eq 4Kb Sept 15 *32 '39.M&S15 Eq tr 5s 1932-'37 (yr) M&S Bq tr 7s 1932-*35 (yr) J&D Union Terminal Go (Dallas)— lit g 5s 1942 opt 1922 a&O 88* 89% 85 4.50 4.50 4.50 88 United N J RR & Oanal Go— General gold 4s 1944 M&S Series B 1957 Vera Oruz & Pacific RR— lit gold 4Hi 1934 opt J&J lit gold 4 Hi 1934 1 assenting Vermont Vail 1st 4Hs 1940—A&O Vlckiburg Bdge & Term Ob— 1st Msf 6a 1958 M&S Vlckiburg Shreveport & Pacific— Prllen 6s *15 . cons g 5s 1968 26H 70 ext 5% '40—M&N Gen 5s May 11941 M&N Virginia Mid gen 5s 1936 —M&N Va & Southwest 5s 2003 J&J lit 2% 60 25 o 62 75"" Brunswick Ter & Ry Sec Go Oamden & Burl Go (guar). Canada Southern Canadian Pacific.. 5.25 4.55% 5.25 4.50% 4.75% Ohesapeake Oorp 70% Chesapeake & Ohio 53 74"" 15"" 16 14% 10& 10% l\% 98H 40 55 65 32 40 17 14H 14H 15H 52 Washington Go Ry 1st g guar 3HiJfan 1954 op 1924 J&J 30 88 93 H Washington & Vandemere— F&A 50 60 J&J 93 95 Comi 3H« g series B 1930..J&J West Maryland 4s 1952 .A&O 1st & ref 5Hi 1977 ser 91 93 A..J&J West N Y & Penna 5s 1937—J&J Gen mtge gold 4s 1943 A&O Western Pacific RR Oorp— 22 35 69% 77 101 78 85"" 82 -- — ~1% "l% 23 42 H 28 25 d 14H 14% 40 45 72 . 60 67 70" 35 40 d 35 40 d 28 80 32 30% 36% 37 60 70 2% 2% 4% 9% 3 4% 9H 1 (t) d 3 12 % 3% 100 Chicago & North Western...100 Preferred 100 Ohic R I & Pacific common 100 4 6 14 6% 8% 14% 7% 8% 7 9H 7H H 100 100 10 8 7% preferred 2 100 Oinc New Orl & Texas Pacific. 67 100 Preferred 80 100 Oinc Sandusky & Oleve pref 50 d 40 Gin Union Term 5% pref 88 H 100 Oleve Oinc Chicago & St L...100 110 Preferred 58% 100 Oleve & Pitts (guar Pa RR)_. 50 d 58 Colorado & Southern 1st preferred 2d preferred Columbus & Xenia (guar) 50 d 100 loo 100 50 d 90 105 luo 8 4s 1940--—F&A White & Black River Valley— 1st 5s 1980 J&J Wichita Union Terminal Ry— l?t g Ku 4Hs 1941 opt M&N W kes & E 1st g 5s 1942- ..J&D Willamette Yal Southern Ry— _6s 1939 —F&A W111& s if 1st 5s g 1938 J&D *Mlm & Newb 4s 1947 F&A Wilmington & Welden RR— 1st gen gold 5s 1935 J&J uen mtge g 4s 1935 ..J&J Winston-Salem Southbound— 1st gold guar 4s 1960 J&J Wis Gent Ry—1st M g 4s *49 J&J 1st & ref 4s 1959 A&O 66 25 Denv & Rio Gr West pref Denver & Salt Lake Detroit Hills & S W (guar) 100 Detroit & Mackinac 100 81 100 (1; Ry 31 % 50" 90 85 51* 19% 10 Sup & Dul Dtv 4s 1930—.M&N 33Worcester Nash & Roch—See Bo ston Yosemite Val s f g 5s 1930—J&J / 3 14% Maine. 5 RAILROAD STOCKS. Par Preferred Alabama Tenn & Nor Preferred Alabama & com 60 d 32 35 go d -.100 43 48 1 ioo Vlcksburg 100 4 50 d & Eastern 33 6H 7 40~" 45"" 1 10 100 11 16 16% 100 10 11 48 55 30 1 1 1% 55 60 35 40 53 , Erie & Pitts (guar Pa RR)... 45 Ft Wayne & Jack pref 55 (guar) .100 Georgia RR & Bank Go (gu)._100 120 Great Northern Ry—Pref 100 d 22% Ore certificates 13% (no par > d Green Bay & Western 12% 100 60"" 130 22 H 13% 50 112*" 100 135 Preferred (guar Penn RR)_. 100 55 Pittsburgh & Lake Erie 50 d 49 Pittsb McK & Yough (guar) 50 d Pittsb & West Va common 19 100 60 Albany & Surquehanna (guar) 100 160 Alleghany Oorp m d 2% 5 H % preffwlth $30 warr). 100 4% 5H% pref (without warr).. 100 o 5 H % pref (with $40 warr) 100 5% Allegheny & West (guar.) 100 72 Atch Top & Santr, Fe 100 67 70 166 2% 5% . Preferred —.100 Atlanta Birm & Coast pref 100 Atlan & Ohar Air L (guar). 100 110 Atlanta & West Point 22 *100 Atlantic Goast L Go of Oonn__60 d 39 Atlantic Coast L RR com 100 , 45% Atlantic 1st leased lines rent tr. I 84 Augusta & Savannah (guar)..100 25 6 6 80 1st 50 d 50 d preferred 2d preferred Rensselaer & Saratoga (guar). 100 Rich Fred & Potom—Com 100 Dividend obligations 100 17 20 19 Sharon 13 % 14H 100 35 40 Southern Pacific Go Southern Ry common Preferred 31% Non-cumul 6% pref Leased lines (guar) ser 100 Mob & Ohio stk tr ctfs 31 Internat Rys (Gent Am) com. Com vot trust ctfs (t) (fi d Preferred 100 Joliet & Ohlc (guar O & A)__.100 Troy & Gr'bush (gu N Y C)— 50 Tunnel RR of St Louis Union Pacific—Common 46 89 tittle Miami original guar.._ Spec guar betterment stk— 4 4 13% 100 175 65 Preferred United N J RR & Canal (gu).100 Utica Chen & Susq Val (gu).100 27 61 29 Utica Clinton & Binghamton.100 Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac com 100 Preferred 100 65 Virginian Railway 50 18H 19 50 d 50 d 15 71 25 Wabash Railway Preferred A 50 d 33 36 (gu)..100 Preferred Lackawanna RR of N J Lehigh Valley Preferred 3H 2 100 100 d 100 55 70 19 % , 80 19H 75 com. /This price includes accrued interest. Jt,Last Sale. 100 » 25H 23 H 30 38 36 31 30H : 40 50 102 107 110 109 % 71 201 73 206 65 70 20 25 75 92 46"" 48 100 4 Preferred B 100 Warren N J (guar D L & W)_ 50 West Jersey & Seashore .50 Western Maryland Ry com..10^ 1st preferred 100 2d preferred 100 Western Pacific RR Oorp 100 Preferred 100 3 40 53 2% 100 Preferred 50 100 100 100 30 85 25 H 23% 30H .100 45 12% d . SVheeiing & Lake Erie Ry b Basis, d Price per share, not per cent. rights, x Ex-dividend. tNo par value. 1H 2H 100 .100 45 H 25 80 100 41 Stk tr ctfs—See RR Securs Go. 60 41 2% Southwestern of Ga (guar)...100 Texai & Pacific. 100 v t c. 50 52H 1** 2 100 ; 15H 12 9 Seaboard Air Line common.100 100 107 51 Preferred 100 Saratoga & Schenectady (gu). 100 Preferred-.. 70 102 100 100 9% 70 60 12 100 100 Kansas. City Southern 27 60 100, 0% preferred Preferred..: Hartford & Oonn Western Hudson & Manhattan Preferred Kal^UIegan&J&r Rap (gu)__.100 K O St L & Ohic—Pref 125 106 142 100 St Louis Southwestern 18 51% 31 32 105 74 74 6% guaranteed. 100 7% guaranteed —.100 Roch & Genesee Val RR 100 Rome & Glint (gu D & H)__ 100 Rutland pref 100 St Louis Bridge 1st pref— 100 2nd preferred St Louis-San Francisco Ry 22 H 116 108H 4% 111 Gent stk ctf 1952—1000 50 d 8 67 % 79% 5* 102 Reading Company 100 50 d rf 50 .100 A. .100 70 6 100 100 100 c 26% 1H 19% 19H 100 100 com Pitts Youngst & Asht pref 10% Huntingd & Broad Top 50 15 100 Marquette Ry Prov & Worcester (guar) Railroad Securities Go— 47 Preferred v t Illinois Central 55 40 50 d Gulf Mobile & North com Ala Great Southern com d 50 d 73 5% non-cum pref. 100 Duluth South Shore & Atl... .100 Preferred 100 East Penna (guar P&R) 50 d Elmira & W'msport (guart 50 d Preferred (guar Nor Gent). 50 d 50 d 50 d 50 100 32% 33 72 160 1st preferred-... 2d preferred Erie & Kalamazoo (guar) 27 & Syrac (gu D L & W) Passaic & Del Ext Paterson & Hudson River Paterson & Ramapo 100 -1 Erie—Common 31H — Pitts Gin Chic & St Louis Pitts Ft W & Ohic com (gu) - ~9H Dayton & Mich com (guar) 50 d 28 Preferred (guar OH & D)__ 50 d 67 Delaware & Bound Br (guar) .100 150 Delaware & Hudson Co 71% 100 Delaware Lack & Western... 50 d 32H Delaware 30 25 90 20 ~7H 7% 6% 7.25 _ Preferred 6 Wheeling Term 12% 1% 144 81 Adjustment preferred 100 105 No Carolina (guar So RR). .100 75 North Pennsylvania. 50 67 Northern Gent (guar Pa RR) 50 d 76 North'n N H (guar B & M) 100 Northern Pacific Ry 23% 100 37 North RR of N J (guar Erie) .100 d 25 Northern Securities Go stubs 78 North Pennsylv (gu P&R) 50 d 50 Ogden Mine RR (gu On N J) .100 d 81 Old Colony (gu NYNH&H)—100 Ontario & Quebec 100 I 107 95 5% permanent deb 100 I Pennroad Oorp v t c__ 1 k Peoria & Bureau Val (guar)—100 15 85 46 24 Prior preferred 100 Phila Germ & Norris (guar) 50 d 112 195 Phila & Trenton (gu Pa RR)_100 27 Pittsburgh Bess & Lake Erie 50 d 55 Preferred 50 d 100 60 24 H 100 100 100 100 28 Preferred Cuba RR preferred 6sJan 15 1933-35 ..J&J 80 100 100 25 771 701 67 12H 136 80 50 23% inn 821 751 34 9 100 50 NYC ' ' Western Ontario & " Norfolk Southern Norfolk & Western Ry 1 26 % Cripple Greek Central 77 New York Central RR Dividend payable in London.. N Y Ohic & St Louis com 100 artf 44 H % Pennsylvania RR 70 65 Registered 95 100 100 100 100 75"" , 90 W Va & Pitts 1st 4s g 1990—A&O Wheeling & Lake Erie RR— 1st consol gold 4s 1949—M&S Ref M 4Hs series A 1960.M&S Ref gold 5s series B 1960.M&S 2d preferred New London Northern New Orl Texas & Mexico 9l"" 18 J&D J&J 100 28 Pere J&D 100 60 Nashv Chatt & St Louis 100 d Nashv & Decatur (gu L & N) 25 National Rys of Mex 1st pref. 100 Peoria 5Hs 1934-'38 (yr) 100 5 25 61 38 H West Shore 1st 4i 2361 28H 3% 36 25 M&S Oonn & Pass Riv pre? Gonsol RRs of Cuba pref.. com Preferred 100 Mobile & Birm pref (guar) .100 Mobile & Ohio—See Southern Ry Morris & Essex (guar) 60 d ~8~" Oswego 33 1st M 5s 1940 series A EQ tr 5 Hi 1933— 39 m 7 14 100 (no par) 100 100 com 7% preferred. 2% 9% Mo-Kan-Tex RR Preferred N Y Lack & West N Y New Haven & 60 100 100 0% preferred N Y & Harlem com (gu) 85 31 50 50 Chicago Burl & Quincy 100 Ohlc & East Illinois common. 100 Preferred 100 Chicago Great West com .100 Preferred 100 Ohic Ind & Louis v common 100 Betterm't stk (guar Pa RR) 77 d 25 d 3* 100 4% leased line ctfs - 42 Minehill & Schuyl Hav (gu)__ 50 Minneapolis & St Louis 100 Minneapolis St P & S 8 M 100 _ d (f) d Common Preferred 50 Preferred d 100 Preferred Ohlc Milw St P & Pacific— 600 3 25 50 Missouri Pacific 2_ d common 22 100 Mississippi Central — 130'" Ohic St Paul Minn & Omaha. 100 25 Wash Term Go—3Hs 1945—F&A 1st gold 4s 1945 guar F&A 1st 4Hi 1947 West Jersey & Sea Shorn— Gonsol gold 4s 1936 19 19 (t 7% preferred 6% preferred Q-M 39"" 7H 100 100 Michigan Central Midland Valley com Preferred- 38"" Chestnut Hill .... mmmmm m mmmrn—w 32 70 50 100 50 d 325 50 d 45 Preferred 15 13 4% non-cum preference—100 I 4% perpetual cons deb....100 I Eq tr 4Hs 1933-1940(yr)—J&J 6 Eq tr 5a 1932-1938 (yr) .M&N b Eq trust 6s 1935 —J&J 6 Warren 1st refg 3Hi 2000—F&A Wash Gent 4s Mar 1948 16 25 Oaro Gilnchfleld & O com 4%_100 Common stamped 5% 100 Oatawlssa RR—1st pref (guar) .50 2d pref (guar P & R) 60 Oayuga & Susq (gu D L & W)_ 30 Central of New Jersey 100 .... Preferred 18 22H _ 5.50 69 77 105 17 H * 95 H Ref & gen 5s 1976 ser B—F&A Ref & gen 4Hi 1978ser0.A&0 Bef & gen 5s 1980 ser D—A&O 75 H 103 Preferred stamped Bost & Prov (guar Old Ool) 100 Boston Rev Beach & Lynn...100 65H 51 Mahoning Goal RR Pref (guar L S & M 8) 16H 94% 85 H Wabash RR—1st g 5s 1939.M&N 2d gold 5s 1939 F&A Deb mtge 6s series B 1939.J&J f lit lien term gold 4s 1954.J&J Ref & gen 5Hs 1975 A M&S Eqtr 6s 1933 35 (year)_J&J15 b Eqtr 4H« 1932-42 (yr)__.A&O 6 Det & Ohlc ext 1st g 5s *41.J&J Des M Dlv 1st g 4s 1939.-J&J Toledo & Ohlc 4s g 1941—M&S Omaha Dlv 1st 3H" g 41.A&O Wabash Ry— 26 1st preferred D unstamped. 100 1st preferred E unstamped-100 Prior pref. 1st M gold 5s 1962 opt M&N 1st in 4Ha 1902 ser B—M&N _ _ Louisville & Nashville 13% 60 A&O 34H Bid. Par. Maine Central — ... 95'" Virginian Railway— 27 H 20 Preferred Beech Greek (guar N Y O) Belgian Nat Rys Go American shares partic pref— Boston & Alb (guar N Y O) 100 Boston & Maine com (stpd)-.lOO 1st preferred B stamped—. 1st preferred O stamped-_. 1st preferred D stamped... 1st preferred E stamped... AH Stocks. Lit Schuyl Nav RR & Ooal(gu) 50 Louis & Mo Riv pref (guar)-.100 34H 86% 50 100 50 1st preferred A stamped... 83 83 M&N - 100 H 91 96H bonds 21 1st preferred A unstamped. 100 1st preferred B unstamped-100 1st preferred O unstamped. 100 91 89 H Gen lit g 3Hi Mar 1 'SI-MAS Vsndalla RR— Ceng 4s 1965 series A F&A „ „ 4% 4% 4% 4.50 defaulted Ask. 100 com and Income and w* 27 100 Bangor Aroostook 97% 87 H 100H 73 STOCKS "f Bid. Par. Bait & Ohio—Common Preferred ry & land gr 4o g 1947—J&J lit & ref 4i June 2008 M&S lit & ref 5i June 2 2008 M&S „ AND where marked Stocks. Colon Pacific— lit BONDS oxoopt 0% JJIn London, n Nominal 100 100 s 45 % H 4 5© 10% 40 15 50 15* 4H 7% 8 10 40 9 45 Sale price, y Ex- NOTICE.—All bond prieei are Stocks and Bonds. Per Class B ii* 13* Gen'l Realty & 67 1.52 70 1.65 $6 pref with warr__ German Credit & Invest. 2 9= it; 70 1% Amer Founders norp common.. 1 5* if* 6 Amer & Gen Sec com class A.(t) Common class B (t) preferred 6% 11% 1% 32* Eiffi 4 1$ % Warrants 5% Associated Stand. Oil Shs 4% 15 Utilities ( common ( f3 preferred A Warrants 14% IS 0 Bankers Nat Investing com A (t) Bankers Sec Corp of Am m 3 10 2 10 (t> 1.05 _. 2.85 Canadian Investment Fund Capital Administration cl A 9% 1 Class B ser 2% (t) 10 25 74% 21% 16 % 17 100 24% 86" % y 4% 5% 2 4 86 84 87'"" 2.90 3.10 4.45 2% 2 16% 20 67 (t) -(t) IT) 50 _.(t) (t) Super Corp of Amer class A..—. $1.20 preferred $3 cum conv 1st pf Sun Investing Corp com.. $3 convertible preferred 66% 56% 60% 2% 2 % 5% 6* 35 34 3% 32 m 2.88 2.08 2*35 3.03 2*30 Class D 5.70 6.30 6.20 4 - ... _ 1 1.64 «.■*< 10.72 ; 10.98 1.55 Series G % 2% Series G-l 8 -% % 2% Series H-l SOriCS T 9 Series H ;-- -- am mm mm mm mm mm Loomis-Sayles Mutual Fund __(t) Low-Priced Shares 19.43 2.27 1.29 ill ■ 2.48 2.48 Nat Bond & Share National (t) (t) 75" ...10 15 78 11 14" National . 3.30 2.60 Diversified Trustee Shares A B shares ;i 3.25 4% 5% 1.24 .... Dividend Shares 1.33 5 Trust Fund Share n3 7% 3.38 10% United Founders common 30c United Bank Trust shares 3 3% (t) 47 preferred North American Bond Trust Ctfs. 63 5 5% 50 78% 81% 1.87 2.40 2.65 2.40 2.65 (+) 100 % 5% 48% 1 (t) 25 52% 1.19 56% 1.36 30 35 Dil Shares units 6 8 1 1% 64 68 Dec 15 1952—. 64 68 Securities Northern Debenture 4%s Old Colony Trust Associates— 1st serial trust shares 8 (t) 3% warr..J&J Pacific Southern Invest pref__( 73% 12% Securities Pacific Investing Corp— Overseas Deb 5s 1948 without 9% 3% 75 Class A -.-( Class B Phoenix Sec Corp. Preferred 20% 8* A.(t) (t) -(t) Premier Shares Primary Trust Shares t No par value. cEx-couDon. d Price per share, not per cent, Ex-dividend. * Negotiability impaired by maturity. k Last sale, n n* 21% 3% 1.35 Petroleum and Trad'g Corp 4% 3% 3% -(t) Common 5s ser A with warr 1948—J&D United Fixed Shares ser United Insurance Class B Preferred. Deb g 5s 3% 3% 2*95 13% 15% 16 20 78% .....1 2% 1% "3 % 3% 2% Y Trust.. U S & British Internat ~4% 2.60 — Corp— 4% .... _ class A_(t) (t) .--(t) M&N 1948 U S Elec Light & Pow tr Trust ctfs ser B Trust shares North Amer Util Secur Union Amer Invest United Oil Trust Shares. Old Colony Invest Trust com_(t) Debenture 4%s Feb 1 1947 43* Twentieth Century Fixed Tr Series B Two-Year Trust bhares. 1% 28% 1956. 15 ...—-- i* 10c. 2.13 Trust Shares of America 1955 1% -—— 1% 26% 60 North American Series B... Si* Niagara Share Oorp (Md)— Conv deb 5%s 1950 M&N B common 5 cum — Trustee Standard Oil shares A— 34 New Jersey Bankers Securities._. N Y Bank Trust Shares— $6 2.19 32% 1953 Eastern Utilities Investing Oorp— Common A (f) Deb 5s 1954 with warr M&S 15 {k Equity Trust Shares Elec Shareholdings Corp com.. 1 Bank Voting trust ctfs 2.4£ 2.97 Shawmut 1.50 2.45 2.40 — 2 National Trust Shares Nationwide Sec Co tr ctf B 68 4.10 2.34 1 -— 2% l"I6 1.35 A— O 10 Warrants 10 Class B Trustee Stand Invest ser Class D 36 70 2% 2.20 1.02 Trusteed Amer Bank Shares Trusteed N Y Bank shares 2% 17% 34 1 6% cum pref Warrants 19% 6% 65 Tri-Continental Oorp 1.51 18% 6% Investors Third National 6% (t) $5.50 preferred 12 6%s 1938 1.38 1.41 Supervised Shares 3.28 Corp. Investors 73% (t) 4% Mutual Management com 2;41 20.96 2.43 5 _ 2.41 ACC (modified) Credit Alliance class A 10.32 1.74 11.33 11.66 1.66 62% .... Major Shares Corp AA (modified) m Class B Mutual Investment Trust x (t) Sec com A Common B 85 1% 14% 5.80 2.33 First Common stocks Corp....(t) 3 2% % 2.08 Accumulative series — F&A 16 1939 State St Investment Oorp 2 ijj% 67 Ex warrants Deb 5%s 3% 2% 9.71 Mohawk Investing Corp Federated Capital Corp com 6% preferred Fidelity Fund, lnc 1 . 2% Class BB Massachusetts Investors.. !( Southern Corp com (f) Spanish & Gen Corp Ltd— Am dep rets ord reg—-—£1 Amer dep rets ord bearer £1 Spencer Trask Fund lnc (t) Standard All Amer Corp. Standard Amer. Trust shares Standard Investing Corp com_(t) $5.50 preferred It) Deb 5s Mar 1 1937 with warr.. 10 4 Class C 2.33 $6 conv pref with warr (+) Class AA 2"40 O shares.. D shares 1 19 ll" 9.68 Series F_: 100 _ 19 ff 9.14 60 58 7% cum preferred^ 100 Cumulative TrustShares (t) Deposited Bank Shares ser N Y Deposited Insur Shs ser A Deposited Bank Shs N Y A 9 54* 1 25 Sterling 84 AA com 57 9.82 55 100 8% preferred Orum & Forster Insursh B 54 5% 9.28 Series E-l Corporate Trust shares old series. Orum & Forater lnc si* 55 Series E 1942 Convertible preferred 19% 19% 1.31 7.38 Series B 4 Class B_ Debenture 5s May 1 Without warrants 1948 with warr.. 4.00 1952 Slsto Financial Corp Investors Trustee Shares 2 Consolidated Equities, lnc (t) Continental Secur Oorp com._(tl Preferred B 2.60 Series D Chartered Investors (t) preferred (t) Chelsea Exchange Corp cl A.. ser Without warrants... Keystone Custodian Funds lnc— 2 cum Deb 5s 2.54 1.25 6.70 50 $3 convertible preferred 71 75% 79% 23% . Class B Century Trust Shares Chain & Gen'l Equities lnc 6%% pref $5 k * (t> Investment Trust of N Y coll A__ Investors Equity common (t) Debenture 5s series A 1947 29" 5s 87" Invest Fund of N J 5% 1942 Shenandoah Oorp common 3 7f* Without warrants (t) $5.50 prior stock (t) Allotment certificates Selected Management Trustee sh. Shawmut Association (t) Shawmut Bank Inv Trust (T) 2% 7% preferred ...—100 5s series A with warrants 1947.. 34 75 (f) (t) A 5s series A 1953 with warrants Without warrants Cent Nat Corp class A 3$ 15% 15% 59% 13% 3.00 9% 2 % IIS 15 11 4%s 6%% preferred 6% preferred —.100 Debenture 5s 1947 J&D k Internat Securities Tr of Amer— Secured gold 6s 1933 Secured gold 0s 1943 Secured gold 5s 1933 Secured gold 5s —1943 Interstate Equity common S3 convertible pref "A" Investment Co or Am com —(t) 1730 12% 10 1.40 Selected Income Shares Selected Industries com 1 2% (t) 100 A 14 3 -1 Int Sec Corp of Am com 17% 17% 2.30 19% 3.57 Selected American Shares lnc Selective Cumulative Shares \2Ii F&A ♦/ 6s 1940 B with war—J&J / Certificates 3.29 (1) 7% preferred Basic Industry Shares British Type Investors c 1A Bullock Fund Ltd pref 14* 1 .7% Bansicilla Corp cum 14% 42% 5% 42 Bancamerica-Blair Corp S3 fB if* 14% Units Atlas Deb g 43% 7% 16% 16% Insuranshares Co. of Delaware_.l 5% -——(+) Selected American shares 45 l" 3.10 4 Preferred 43 Voting trust ctfs units.. 2.X "3% 6% Tnsuil Utility Invest— Deb g 5s Jan 1949 9.47 16% 60c 2.05 8.97 % 50 50c Incorporated Investors (f) Independence Trust Shares (t) Indus & Power Securities Oo__(t) 1% 23^ ctfs(f) (t) Security Allied Corp ( Securities Corp General com__( $7 first preferred ( $6 preferred (t) 42 (t) 1.40 21* Common 35 3 Associated National Shares Atlantic & Pac Int com w w__(t) Preferred w w 60 1948 J32 6* (t) Class B common—... 6% preferred 8 ...—(t) Hydro Elec Sec com Illuminating Shares class A Income Fund of Boston 42 2 Amer Insuranstocks Corp Amer Investors lnc com B ( ( Debenture 5s series A a* 71% 19* hares Representative Trust Royalties Management A Seaboard Utilities Shares 1 Second Custodian Shares Second Int Sec Corp A com._(t) i* 4* ( Gude Wlnmill Oorp Huron Holding Corp (t) A(t) (t) Reliance Internal Corp com Preferred share. 8 ill $3 preferred Quarterly Income Shares il* 4 $7 preferred "4% — Second Nat Inv Corp unit $6 units $3 units 83 3% 1% 10% 2 1st pref ( Guardian Investors com ( 6 4% 14 Pref. allot, ctf. 25% 10 *} (t) J&J 6% preferred ser D 7 % preferred ser A .... 78" 4% 1 (+) Utiitiea com Prudential Investors 2.24 8 Ask. Pet 4% 4% 74"" —(t> Glass B 25% 4% 3% 7% 2.09 General American Investors.-it) Preferred (with warrants)—(t) 1.38 Deb 5s Feb 1 1952 without warr General Investors Trust ..—(t) 1.20 k fit Fundamental Trust shares A 9 m 6s 1943 k Amer. Composit Trust Shares... Amer Elec Sec partic pref ! 1 Fundamental Investors lnc—— 1% American & Continental Corp— Common American European Secur Coll tr s f 5s 1958 ser A Series B Fourth Nat'l Investors w w d (t) (t) S3 preferred 7.31 Five Year Bid. Par. S6 preferred Public Utility Holding com w w(t; Common without warrants, (t) 8.95 -(f) 3.30 2~.88 Fixed Trust Shares series A—.(t) Stocks and Bonds. afiare. 3.10 Fixed Trust shares— 36 (t) F&A Capital Corp A 15* 40 Amer Business Shares Amer. Ask. Per 16.90 First Custodian Shares Oorp First Invest Co of N H pref A—* ily' Common lb preferred Deb g 5s 1953— Bid. Par. share. 15.90 Administered Fund com——(t) Air investors lnc v t c. (t) Convertible preferred (f) A1 lred Invest Tr 4%8 Dec _.1967 4%s 1908 Alliance Investment com (f) 5s A with warr 1949 J&J Allied Int Investing Corp com. (t> S3 convertible preferred (t) Am Bank Stk Trust Shares Amer Bankstocks Corp __(t) American British & Continental— Stocks and Bonds. Ask. Bid. Par. "and interest" except where marked "f" and income and defaulted bonds. ctf A.. 2 % 14 48 52 14 2.59 1.05 Voting trust ctfs.— U S Elec Pow Oorp com w 1 10 war(f) 1.12 1 Warrants U S & Foreign Securities com.lt) $6 1st preferred (+) U S & Internat Sec (t) (t) 1st pref with warrants 8% 70 7! 1% 42% U S Securities Corp— Coll trust income 7s 1962 United N Y Bank Shares O 3 4 United Insurance Tr Stocks F 2 U S Shares H Universal Trust Shares. 4% Utility Equities Corp com—(t) $5.50 priority stock. Utility & Industrial Corp Convertible preferred.. V* 46 1% 4% 4% 2% 5 _ 3.02 50* iB 2.15 4% Nominal, s Sale price. t New stock* v Ex-3tock dividend All bond prices in "and Interait" except whin marked ••r* and Income and dafanltad bonds. NOTICE. Bid. Bonds. Adriatic Bonds. Ask. Bid. Bonds. Ask. (Italy)— Extl ■ A&O Alabama Power 1st 5s 1946 -M&S 1st & ref 5s 1951 J&J 1st & ref 5s 1956 M&N 1st & ref 4%s 1967— J&D 1st & ref 5s 1968 M&S 34 74 75 62 66 Alabama Water Service Oo— 1st M 5s 1957 ser A J&J Albany Ry—See United Trac. 5334 Term 3 10234 85 75 77 64 68 5534 Sp Pt & Ohes—-See Un Ry & El 3alt Traction—See Un Ry & El Bangor Hydro Elec 5%s '49-M&S 1st lien & ref 5s 1955 M&S 434» I960 J&D Bangor Ry & El 1st 5s *35—J&J Bar Harbor & Union River Pow— 1st 5s 1935 98 90 Alleg Bellev & P—See Phila Oo Allegheny Gas Oorp 6 Vis'43 M&N 1 Convertible 7s 1938 M&N / Allentown-Bethlehem Gas 1st s f 6 2 5%s1954 A&O Alliance Power lstjisjl952—M&S Alton & St L Bridge 7s 1947 M&N Deb 7s 1942 Alton Water 5s 1956 A&O Altoona & Logan Val Elec Ry— Con g 4%s 1933 gu P&A 15 Amer Commonwealths PowerDeb g 6s 1952 ser A Deb g 534« 1953 1 100% 97 99 — S) deb 6s 1942.A&0 / Rouge Electric Oo— 1st mtge 534s 1954 J&D 1st M 6s 1959 ser B F&A Bear Mt Hud Rlv Bdge Oo— 40 1st 7s ! 103 / f f 2 26 6 81 / 28 CO14I— O■l I I 1 1 • 1 30% 1 *fk6~~ M&S *fk 1% Deb 5%s 1953 J&J Secured notes 5%s1931--M&N f Amer Elec Pow deb 6s'57 M&S 15 Amer & Foreign Power Oo— ;/3% Deb g 5s 2030 M&S 30 , Amer.Fuel & Powi7sjl934—J&J f Amer G & E deb 5s 2028—-M&N s Amer Gas & Power Co— Sec deb 5s 1953 M&N k Secured deb 6s 1939 J&D k American Natural Gas Corp— Deb 634 s 1942 with war—A&O Am Pow & L deb 6s 2016—M&S Amer Stater Public Serv— 1st 1 5 34s 1948 ser A M&N Deb 6s 1938 J&D Amer Telep & Tel eg— Oonv g 4s *36 conv aft '09-M&S J&D J&J Deb 53*a Nov 1 1943—-M&N Oonv deb 434e 1939 J&J - 35-yr deb 5s 1965 F&A Amer Toll Bridge 1st 7s '45-A&0 2ndiconvertible 8s 1945—A&O 35" 23% *1* 3 8234 48 83% J&D M&N Amer W W & El 5s 1934 Deb 6s 1975 Ser A Deb 5s 1975 ser B 134 62% 49 34 105 106% 100% 78 102 104% 10134 105% 106% 101% 80 67 12 15 2 5 92 M&N 11* 63 78 65 Annap & Chesapeake Bay Pow— 1st 6s 1948 J&D Ana & Pot R RR—See W Ry&El. Androscoggin Elec 1st 5s *34 A&O Androscoggin Water Power— 1st 6s 1945F&A Appalachian Elec Power— 102 88 M&N 88 Appalachian Power 5s 1941 J&D 100 7% gold bonds 1936—F&A Deb gold 6s 2024 Appalachian Gas 10234 J&J 80 Oorp— Oonv deb 6s 1945 ser A--M&S Oonv deb 6s 1945 ser B M&S Ardmore St Ry—See Phila Oo. Arizona Edison 1st 5s 1948—-J&.l 6s . s f series A 1945-- 8 734 36 A&O 38 6%s(ext fr'm Dec'31)'33-J&D 20 22 Arizona Pow 6s 1917 ser A M&N Arkansas El & Wat 6s 1944-F&A Ark & Mo Pow 1st 6 11953--J&J Deb 634s 1935 M&N _ 10 42 28 1st s f 7s 1953 J&J Arkansas P & L 1st 6s 1956-A&0 Arkansas Western Gas Co— . 75" 36 82 Ashland (Wis) L & Pow St Ry. 1st M gold 5s 1939 _J&J Ashtabula Water 5s '56 A&O 87 Assoc Elect 4%s 5s Jan 11961 J&J 36" J&J 37 — Associated Gas & Elec Oo— Oonv deb 6%s 1977 F&A Oonv deb 4 Ha '48 with warM&8 Without warrants Oonv deb 4%s 1949 Cons ref deb 5s 1968 22X _ ii% J&J 15 A&O Oonv deb 5s 1950 20 F&A 20 Oonv 5%s 1938 M&N Cons ref deb 434s 1958-.M&N 22 (N 1938- Y) A&O Corp participating 8s '40.M&S Boston Oon Gaa deb 5s '47 F&A Boston Elev Ry 4s 1935—-M&N 17 1434 1634 1634 2134 M&S O.M&N 2-yr 6% notes 1933 A&O Associated Telep & Teleg CoDeb 534s 1955 ser A M&N Atchison Ry, Light & Power— 3634 70 51 62 66 94 96 85 82 90 86 102 99 99 43 29% 104 104% 88% 89 80 92 80 80 82 10-year 10-year 10-year 10-year 93 98 96 deb 534s 1934 deb 6s 1934 deb 5s 1937 F&A M&S F&A 99 9334 1st M & 1st lien 5%s 1953-J&J Oentral States Utilities Oorp— 10 yr sec 6s 1938 J&J Oentral Traction—See Phila Oo Oent Vermont Public Serv Oorp— 1st & ref 5s 1959 ser A— A&O 98 M&N M&S M&S 83 86 81% 99 93 85 82 90 63 101 97 87 85 94 64 65 62 62% 3% 3% 4% 4% 45% 45% 46% s 35 35% 8% 9% 90 22% Chattanooga Ry & Light— M&N Bridgeport Gas Lt 4s 1952-_J&J 52 54 98 100 7s Sept 1947 Brandenburg (Germany) El Pr Extl 1st s f 6s 1953 British Col Power 534s 5s series B I960 99 87% 1st & ref g 5s 1956 op *16—M&N 72% 1960 74 M&S 68 70 British Ool Tel 5s 1960 Broad River Power Oo— 1st & ref 5s 1954 Ser A—M&S 79 39 40 10-yr s f 634s 1934 -M&N Bway & 7th Ave RR—See N Y Rys Bronx G & E 5s 1960 J&J Brooklyn Borough Gas Oo— Gen & ref 5s 1967 F&A Bklyn Oity RR 1st 5s 1941—J&J Brooklyn Edison Oo— Gen m 5s ser A 1949 J&J Gen m 5s ser E 1952 J&J Bklyn-Manhattan Transit Oorp .. f 6s 1968 ser A „ J&J Brooklyn Queens Oo & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July '41(stp)— M&N Bklyn Un Elev 5s 1950—F&A Kings Oo El 1st 4s 1949—F&A. Nassau Elec 1st g 4s 1951-J&J 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 Oonv deb 534s 1936 J&J A; Deb 5s 1950 J&D Brownsville Ave—See Phila Oo. Buff Gen Elec 1st 5s 1939--F&A 1st ref 5s April 1 1939 J&J Gen & ref 5s 1956 ser A—F&A Gen & ref 434s 1981 F&A Niag Falls El L & Power— 1st & ref 6s 1951 102% 99% 71 75 0011 tr s f g 5s Jan 1 1«27-A&0 Certificates of deposit Chicago City Ry 1st 5s '27--F&A Certificates of deposit Ohic Diet Elec Generating— 1st M 434s 1970—— M&S 1st 6s series B 1961 M&N 105 106 104% 105 90% 91 54 70% sox 59 82 74% 59^ ' 107% 112% 103% 108 103% 158 oo 1st mtge gold 5s 1936 1st & ref 6s 1955 ser A 1st & ref 5 %s 1956 105 105 105 92 94% 99 Calgary Power 1st 5s I960—A&O Oalifornia Gas & Elec Oorp— 71% Unif & ref g 6s *37 op s f__M&N 103% 1st 104 m 5%s Apr 15,'52 ser 1st 6s 1955 ser B Cities Serv deb 5s Jan '66 96 91 98 93 65 84 89 80 100 1st & ref 534" 1960 ser B—J&J Calumet & South Chicago Ry1st M rehab g 5s *27 op '12F&A Certificates of deposit Camden & Sub Ry—See P S Oorp Oanada Nor Pow coll 5s '53-M&N Canadian L & P 5s *49 op '14 J&J 62 52 Deb 5%s 1952 Deb 5%s 1949 Citizens Gas 70 73 78 a* i3°* 13 12 15 15 3% 3% \IK 19 95 9534 96 88 92 AA&O 59 62 A&O 63 M&S 42% 37% 66 44 A&O 1st M pipe line 5%s 1942.M&N Oities Service Gas Pipe Line Oo— 1st M 6s 1943 J&J Cities Service Power & Light— 54 22 12 1 Deb g 5s 1963 M&N Deb 5s 1969 -.-M&S Oonv deb 5s 1950 J&D Cities Service Gas Oo— 54 52 59 22 20% 10% 92 Oin Newport & Gov L & T— 1st ref 6s 1947 series A J&J Cincinnati Street Ry— 74% 58 58 20% 17% J&D Cincinnati Gas & Electric— 1st M 4s 1968 series A A&O Deb g 5s Apr. 1958— 1st & ref 6s 1942 ser B J&J 1st & ref 534s 1955 series O F&A Deb gold 534s 1942 A&O J&J Chippewa Power 6s 1947 Generating— !S * _ 1st & ref 6s 1953 ser A Adjust deb 6s July 1963 Certificate of deposit 12 J&J / AdJ Inc 4s Feb 1927 opt May / Certificates of deposit.. Chicago Rapid Transit Oo— 1st & ref 6%s 1944 J&J 101% 78 1951-J&D J&J / A&O mon 4-5s Feb '27 ODt-J&J1/ Certificates of deposit / 103 75 f 5s 78 Chicago Railways Oo— 1st 5s 1927 stpd as to 20% pt red and pay Feb 1 1933 */ Otfs of deposit / Oons M 5s ser A Feb '27—A&O ' Certificates of deposit Series B Feb 1927——J&D'/ Certificates of deposit I/ 104 s 81 103% Pur 102% 101 f g 5s *48 op aft *12.-M&S 71 Chic North Shore & MUw RR— 98 s 19 55 55 5348 1935 A&O Chic Gas Lt & Coke 5s '37—J&J 102 1st 20 Deb F&A Butte El & P 1st 75 J&J Chicago City & Connec ing Ry 35 RyBurlington (Vt) G L 5s 1955.J&J Butler Water 5s 1957 A A&O Oalifornia Electric 85 65 104 Ohatt Rys 1st cons 5s '66-M&N Ohes & Pot Tel of Va 5s '43-M&N Chester Water Service Co— 1st 4%s 1958 series A M&S Ohic Aurora & Elgin RR— 83 80 93 57 58% Charleston Cons Ry Gas & El Oonsol gold 5s 1999. M&S 79 97% 86 96 83 2234 22% West End St 5s 1936 5s March 1944 M&N 8834 59 65 60% 88 Series B Series O , Oalif Water Service 5s 1958-A&0 Calumet Gas & Elec Oo— 101% 63 102% 56 Oentral West Public Service Oo— 1st 1 coll 534a 1956 ser A—M&N 80 57 10034 64 104 Oorp— deb]5sll940 J&J Sink fund gold 6%s]1957—F&A Refunding 634s 1942 2-year 434% notes 1933—M&S 67 58 Oent Pow & Lt 1st 5s 1956—F&A Oent Pub Serv Oorp— Oonv deb 5%s *49 with warF&A Oallfornia-Oregon Power— M&N Athens (Ga) Ry & Electric— 1st & ref s f g 5s '50 opt '15 J&J Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947 J&D 48 44 91 101 1st & gen 5s 1955 ser D J&J 1st & gen 434« 1957 ser E. J&D 1st & gen 5%s 1961 ser F—J&D Oent Ohio L & P 1st 5s 1950 A&O Oent Pow 1st 5s, 1957, ser D J&J 81% 106 18 62 Oentral Indiana Power Oo— 1st & ref 6s 1947 ser A J&J Oent MalnePr 5s '39 op *19 M&N 1st & gen 6s 1942 ser B J&J Lt 85 65 103% 1st & ref 5s 1968 ser G M&N 1st & ref 434s 1981 ser H 6s series I 1957 F&A Oent Indiana Gas— Ref mtge 5s 1957 M&S & 84 44 Oentral Illinois Public Service— 1st & ref 5s 1956 ser E M&N 1st mtge 4%s 1967 ser F„ J&D Pow 92% 47 43 Central German Pow 6s *34-J&D Uent Hud Gas & Elec Oorp— 1st & ref 5s Jan 1957 M&S Oent Ills Elec & Gas Oo— 1st & ref 5s 1951 F&A Oent 111 Light 1st & ref 5a '43A&0 States 70 101 3-yr 5%% notes 1933 F&A / Central Georgia Pow 5s '38-M&N Oent ~6" 3 69 91 104% Central Elec of N J 5s 1940—J&J Oentral Gas & Electric Oo— First lien coll trust 6s '46-M&S First lien coll tr 5%s '46--J&D Oentral States Elec Oorp— Oonv deb 5s 1948 J&J Deb 534s 1954 with war M&815 40 41 101 62 Without warrants Oentral Ry—See Un Ry&El (Bait) 76 80 Telep (Jtil deb 5s 1942A&0 66 47 Deb g 434s Oct 1 1937—-A&O 33 M&S 85 Deb g 434s Nov 1 1941—M&N Deb g 5s Dec 1942 J&D 1st M 5s 1965Assoc Atlantic Oity (N J) Gas—^ 1st g 5s Jan 1 I960 opt *20- J&J Atlantic Oo Wat 5s *58 AM&S 98% Mtge & col tr 5s '51 ser A. A&O Mtge & col tr 5s *52 ser B_A& ) Bleecker St&FulFy—See NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940 M&N Bolivian Power 8s ser A '45-A&0 1st gold 5s 1942 Buffalo Ry—See Internat Atlanta Nor Ry—See Ga Ry & Bi Atlanta Wat, El & Pr 5s 1943 J&J Atlantic Oity El 5s 1938 M&S 1st & ref 5 34* 1954 M&N 1st & ref 5s 1956 A&O 97 m 5s 1954 ser B ...J&D 1st mtge 5s 1957 ser O F&A Blackstone Val G & E 5s *39-J&J Buff & 1st 5s Nov 1935 35 A&O k 85 ser 32 Works A&O Gas Associated Pub Utilities Oorp— 1st lien 5s 1947 ser A J&J Associated Telep Oo Ltd— Oonv deb 6s 1941 Oonv deb 534s 1944 47% 45% 41% Birmingham Elec Oo— 1st & ref 434s 1968 M&S Birmingham Gas 1st 5s *59 -M&N Birmingham Term'l 4s '57—M&S Birmingham Water Works Oo— 1st m 534s 1954 ser A A&O s 1st 7s 1939 with warr —J&J Arkansaw Water 1st 5s 1956-A&0 1953—, J 75 1st 101: 103% 10134 9134 1st & ref 5s 1956 70 1st mtge s f 634s 1956 5s 101 46% 43% 3934 Sink fund deb 634s 1959—F&A Deb 6s Apr 1 1955 A&O Berlin Elec Elev & Underg Rys— 1st 105% 106% 99 Bellows Falls Hydro-Elec Oorp— 1st mtge 5s 1958 A&O Berlin Oity Elect 6%s 1951—J&D Binghamton 94% 94% 95 105% 105% 1st & ref 5s 1960 ser O A&O Beloit Water, Gas & Elec Oo— 1st g 5s 1937 M&S 1st ref 5s Feb 1946 25 A&O J&D Bell Telep Oo of Pennsylvania— 1st & ref 5s 1948 ser B J&J 45% Binghamton (N Y) L H & P— 23 American Utilities Oo— 1st lien & ref 6s 1945 Deb 6 >$ ■ 1941 Ooll trust s f 6s 1959 w w A&O fr 44% Beaver Valley Wat 6s 1935-M&N 88 Bell Telephone of Oanada— 94 1st g 5s 1955 ser A M&S 1st g 5s 1957 ser B 94% J&D 1st mtge 5s 1960 ser O 94 M&N 7 | Ask. 28% 100 Cent Ark Pub Serv Corp— 1st 1 & coll tr 5s 1948 ser A F&A Gent Orosst'n RR—See N Y Rys. Cent Dlst Telep 1st 5s '43—J&D 88 83 71 A&O 1953 Beauharnois Power Oorp— F&A M&N Oonv deb 6s 1940 Amer Community Power— Ooll trust 5s 1946 Deb sf 5s 1960 ^ 1 M&S M&N Capital Traction (Wash, D C)lst g 5s June 1 1947 J&D , Oarbondale Ry 5s Nov 1933.-J&J / Carolina P & List 5s 1956—A&O Oedar Rap Mfg & P 5s *53.-J&J Central Arizona Light & Pow Oo 1st mtge 5s 1960 J&D 100 94 98 Barstow (W 14 634s 1951 Canton Elec Oo 5s 1937 107 104 Baton / Bid. Canadian Rail & Harbor— Salt & Ann S L—See Md El Ry Electric Oo f 7a 1952— M&N J&D 37% 37% 44% 39% 39% 39% 45% s 59 60% s 75 77 41% 41% 42% 42% 75 80 (Indianapolis)— 1st & ref gold 5s 1942 J&J Augusta Ry & El 1st 5s 1940 J&D b Basis. / This price Includes accrued Interest. AjLasc sale, n Nominal, r Canadian price. S Sale price. * Negotiability impaired by maturity. PUBLIC UTILITY BONDS 76 Interest" except wboro marked "V NOTICE.—All bond prion «• Bonds Citizens L Pa) 1914—-M&N 92 OltlzensStRy—Seelnd'p'sTr&Ter Citizens Tel (Gr Rap) 5s '36-J&D Citizens Water (Washington, Pa) 5Ms A 1951 .—.J&J City Elec San Fran 5s 1937—J& J City & Sub Ry—See Wash Ry & El City of New Castle Water— 100 70M 74M 100 J&D- 86 Olty Water (Chattanooga)— 1st M 5s 1954 -J&D 90 5s 1941 90 93 90 1st M 5s 1957 series C_—M&N Olev El 111 1st 6s '39 op '24.A&0 s 104 M Gen M 5s 1954series A—M&N k 105 M Gen M 5s 1961 series B—A&O k 107 M&J Oleve Ry 1st 1933 Oleve Southw Ry & 93 105 95" 92 Darby Med & Ches Ry—See Phila 82 Davenport Water 5s 1961—J&J 102 Dayton Ltg 1st 5s '37 op '12.M&S 102 Dayton Pow & L 1st 5s '41 - .J&D Day 8p & Urb—See Ind Col & E Delaware Elec Power Co— Deb 5Hs 1959 —J&J s 75 Delaware Power & Light Co— 97 M 1st M 4Hs 1971 J&J 90 1st mtge g 4 Ma 1969 ..J&J 1st mtge g4Ms 1969J&J k 98 M 96 M Denver Cons Tram 6s 1933-A&0 99 Denv Gas & El 1st g 5s '49—M&N 90 1st & ref 5s 1951 M&N 81 Stamped as to Pa tax Denver Tramway Corp— 18 Gen & ref 5s 1950 ser A J&J Aeon I 8 Clinton 91 5 93 84 M 83 M&S Community Water Service Co— 1957 1st m 58 1950 93 89 87 Oonn^Ltg^fe Pow 5s 101 101 95 93 81M s 103 105 65 51 95 94 83 104 69 M 56 96 85" 90 85 90 34M 33 M 105 106 M 106 M 96 97 102 J& ' '52—A&O 87 43 M 44 % 102 103 A&O 102 102 M 102 M 100 103 Consol Gas Elec Lt & P (Bait)— Feb 14 1935. ..J&J 1st & ref s f 4 Ms 1969 ser G M&8 1st & ref s f 4 Ms 1970 ser H J&J 1st & ref 4s 1981 J&D Consolidated Gas (N Y)— Gen g 4 4s 99 95 M 104 X 5Hs 1945--.. F&A 95 M 20-yr deb 4 Ms 1951.——J&D 101 M Debenture 5s 1957 J&J Underlying cos—See N Y G E L H & P. Consol Gas Utilities Co— 1st & coll 6s 1943 ser A J&D */ 42 M Conv deb 6Ma 1943 ser A^J&D */ 10 Consol Hydro-Elec Wks of Upper Wuertterabu/g 1st 7s '56. .J&J 35 Deb 102 100M 96 104 M 96 % 101 % 44 10M 39 Con Ry (New Hav)—See "R.R." consolidated Telep of W lsc— M&N 1st M 5Ms 1942 ser A 71 73 M&N —M&N 69 72 1st M 6s 1958 Consumers El L & P (New Orl)— 75 79 J&J 90 Cons Tr (K J)—See 91 4 Ms 1st M 5s 1936 «... 5s 1938 J&D — 100 ..... .M&N 1st lien & unif 4M» 1958.M&N Oontin Gas & El deb 5s 1958 F&A s OooperRlvBrl'ge I nc lst6s'58M&N / Copenhagen Telephone Co— Exti « f 6s Feb 15 1954-F&A15 104 M 103 104M 103M 98 M s 99 M 54% 15 M 70 M 76 55 Ry—See Col Ry & Lt. Cross St Ry—See Int Tr (Bufn Cuban Telep conv 5s 1951 ..J&J 55 1st lien & ref 7 Ms 1941—M&S 65 s f 6Ms 1950 1st sink fund 6Ms Electric P & L Deb 55 % 17 M Council Bluffs Gas 5s 1948.M&N 80 86 72 76 93 78 M 50 23 Deb 6s 54 Great 79 83 J&D 87 90 Oumb'land T & T 5s 1937...J&J 104 104 % Dakota Central Telep Co— 1st gold 6s 1935 100 103 94 96 Dallas Gas 1st 6s 1941 J&D A&O J&J 105 M 1st g 7Ms 1949 ser B J&J 107 1st g 5s 1952 ser O J&J 7c 101 1st gold 5 Ms 1954 ser D J&T 102 Dallas Ry & Ter 1st 6s 1951-J&J 33 M Dallas Telep 1st 5s 1933 A&O 100 M Dauas Pow & Lt 6s 1949 — Danville Tr & Pow 1st 08 '41.J&J b Basis 15 1st m 5a Deb 6 Ma 1938.. Empire District Elec Co— 1st & ref m 5s 1952 103M 36 l Co l ^OOi n Nominal, 50 M 65 80 23 99 102 M 81 101 71 71 65 M '37J&D f 51M 78 72 97 M 16M 102 M 29 M 9X 1951—— M&S 87 6s '52M&S Fair Pass Ry—See P hil R T Home Tel & Tel (Ft Wayne) 95 1st 6s series A 1943 J&J 94 1st 5Ms series B 1955 A&O Home Telep & Teleg(LosAngeles 101 Oal) ist refunding 5s 1945J&J Home Tel & Tel of Spokane— 100 M 1st M g 5s May 15 '36-M&N 15 31 Houston El Co 1st 6s '35 J&D Houston Gulf Gas— 43 1st M & col 68 1943 ser A..A&0 28 Deb 6 Ma 1943 with war„A&O 98 Hous Home Telep 5s 1935—M&S 98 M Houston Lt & Pow 1st 5s *53 M&S 89 M Istlien&ref 4Ma *78ser D M&N 87 1st lien & ref 4Mb 1981 ser E.. Houston Natural Gas Oorp — 1st m coll 6s 43 with warr. J&D 103 Hudson Co Gas 5s g 1949..M&N Deb g 5Ms Helena Gas & Elec 1st 39 12M 12 M 12M 3 74 71 70 M 60 Hunt'g'n Wat 1st M 6s *54 AM&S 4l" 1st M 6s 5s 1962 s Empire Gas & Elec and Empire Coke jt lst&ref 5s '41 opt.M&S Empire Public Service Oorp— Deb 6a 1950 w w 1950 J&J / Ercole Marelli Elec Mfg Co (Italy) 1st s f 6 Ms 1953 with war M&N k k Last sale, 49 Harrisburg Gas 5s 1970——M&N Havana Elec Ry 5s 1952 .F&A S* k Empire Gas & Electric Co— Gen & ref 6s ser A 1952-.-J&D f This price includes accrued Interest, J&J Ltd— M 6s 1932-1944 M&N Lakes Utilities Co— 6Ms 1950 Hamilton Gas 6 Ms A w w 80M J&D M&S 59 M _ 99 * 1950 ser A J&D 6 Ms '43-J&D El Paso Nat Gas 1st With warrants 4 59 — El Paso El Co— 1st M 5a 1959 37 M 100 2 Hest Man & J&D / Cumberland Co (Me) Pow & Lt— 1st 4Ha 1956 J&D 37 M 98 21 5 Ms 1942—M&N 97 106 Great North Pow 5s 1935—F&A Great West Power Co of Calif— 101M 29 Grt West Pow Go 5s 1946.J&J 32 Green Mountain Power Oorp— 78 36 1st mtge 5s 1948. F&A 99 Greenwich Wat 4Ms '57 ser A J&J 8 Greenwich Wat & Gas System— 69 Ool tr 5s 1952 ser A. A&O 69 83 Col tr 6s 1952 ser B A&O 62 75 Gulf Power 1st 5s 1968 A&O Gulf Public Service Go— 50 1st m 6s 1945 A&O 17 M Gulf States Utilities Co— 75 1st M & ref 58 1956 ser A.M&S 69 84 1st M & ref 4Ms 1961 B...J&D 94 H 85 Hackensack Wat 4s '52 op '12J&J 92 94 Gen&ref5sJunel5'77 A..J&D15 55 5s secured conv notes 1938J&J k 100 M 28 Hamburg (Germany) Elec Co— Extl g s f deb 7s 1935 M&N k 74 Hamburg (Germany) Elev Under¬ k 56 H ground & St Rys 5Ms '38 -J&D J Serv Eliz & Trenton RR s 1st lien coll tr 97 Public Corp. Elmira Water, Light & RR— 1st & con g 5s 1956— M&S 60 89 F&A 1st & gen Utilities Co— 15 year sec 6s 1942 ElizPlainf & Cent J ISee J&D 55 Great Lakes Power 1st 78 / 11 / 11 */11 f X A&O / M 1937 Electric Public 3 90 Gas L 5s '39-F&A Ry 1st 7s *39 M&N / Great Cons Elec Pow (Japan)— H HOOO rl-i—10 0 Service Co— 1941 ser A A&O 1941 ser B A&O Sec g 5 Ms 1942 ser O A&O Deb 6s 1936 —J&D Sec g 6s Sec g 6a 97 85 Grand Rapids Grand Rapids 96 82 M 91 -J&J k '90—_J&J 1st M 7s 1944 M&N M&S 1953—A&O 5s2030.F&A 44 76 Electric Public 57M Orosstown St 5s *54 op Qeafurel 6s 1953 x w 1st guar 82 3-year 5% notes 1936 Ed El 111 (Bkn)See KlngsOoEL&P Edison El 111 (N Y)—See N Y G Electric Co of N J 1st 5s 1947—— Electric Ferries 1st 7s '41—A&O Electric Pow Corp (Germany)— 1st J&J 1st & ref 5s 1936 op '16 1st 1 & unif 5s ser 01952. 38* 40 Wisconsin Electric Co— & ref 6s 1942 J&D 1st lien & ref 6Ms 1948.-M&S Sheboygan Elec 5s 1946. -T&J Eastern Cons El 5s 1949.. .M&N Easton & So Beth Transit 8s '36— Edisou Elec Ilium of Boston— Consumers Power Co— .J&D 1978 23 1st lien 1934. 95 73 Georgia Ry & Elec— Atlanta Cons St 5s 1939—J&J Atlanta Northern Ry Co— 2 J&D 1935 58 72 J&J 1967—M&S Georgia Power & Light Co 1st mtge 5s 25M Eastern 5s 1952 5s Georgia Power 1st 5s 78 , 2-year notes 5s Oonsum L H & P Co (Eliz, N J)— 2 50 5Ms 1951 M&S 58 E Oregon Lt & Pr 5Ms A '51-M&S 51 5s series B 1953 ..J&J Eastern Connecticut Pow Co— 104 M 1st m s f 5s 1948 series A.A&O Eastern Mass Street Ry Co— 26 Ref m 4Ms 1948 A J&J 28 Ref m 5s 1948 B J&J 33 Ref 6s Jan 1948 ser C—M&S15 Eastern Michigan Rys— 5 1st mtge coll tr 7s 1958 J&J / Eastern Shore Pub Service Co— ' 79 1st m 5Ms 1947 ser A M&S 1st M & 1st lien 5s 1955 B M&S Zi* 90 Eastern Util Assoc 5s 1935--A&O k Eastern Util Inv 5a A 1954.M&S s 16 M With warrants — Pub Ser Corp 1958 50~ . E Minn Power Consolidated Water of Utica— 1st Galesburg Ry Ltg & Power— Con 5s Oct 1934 J&D Galesb Ry & L 5s 1934 J&J Galveston-Houston Elec Ry— 1st M s f g 5s 1954 opt A&O / 64 64 M 67 M Gary Elec & Gas Co— s 50 M 1st lien col 5a 1934 ser A—J&J 102 M 98M Gas & El of Bergen Co 5s *49.J&D 101M Gen 58 Nov 1 1954 M&N 99M Gateway Bridge 7s 1938 A&O 70" Gatlneau Pow 1st 5s 1956-- J&D 60 Debenture gold 6s 1941 J&D 15 59 Deb 6s 1941 series B A&O General Gas & Elec Oorp40 5% notes Aug 15 '33—F&A15 40 5% notes Aug 15 '34—F&A15 40 5% notes Aug 15 *35—F&A15 83M General Public Service Corp— 70 52 Conv deb 5s 1953 J&.1 81 Conv deb 5 Ms 1939 J&J 32 General Public Utilities— 30 Ry. 1st M coll tr 6 Ms ser A '56 A&O 38 99 Conv ser 6M % notes 1933.J&D General Water Wks & ElecOorp— 54 1st lien & col 5s 1943 ser A.J&D 71M Conv deb 6s 1944 ser B..A&0 */ 10 *f 14M 69" Certificates of deposit 14 Ext deb 6s ser A 1934 J&D 100 K Georgetown Gas Lt 1st 5s '61 F&A Georgia-Carolina Power 1st s f 99 M&S15 *f Phila Co 1940... 41M k m 100 99 M .F&A */ Trae—See Phila C« I Durham Pub Ser 7s A '49—A&O; East Coast Utilities— 1st coll 5Ms 1937 ser A—F&A Conv deb 6s 1933 ser A. _M&N / 5s . 5M» 1979 ser A J&J 1st m 5Ms 1956 ser B J&J Florida Pow & Lt 1st 5s '54—J&J Florida Public Service Co—_ 1st M 6Ms 1949 F&A 1st 6s 1955 series B A&O f Florida Telep 1st 6s 1945—A&O Fontana Un Wat 6s 1953—J&J Ft Pitt ["Taction—See Phila Co Duquesne 1st 96M 82 stamped—J&J Apr 1954 100 1932—-——J&J / 103" E. Kootenay Pow 1st 7s 42.A&O East Prussia Pow 6s 1953—J&D 106 E St L & lnterurb Wat 5s '42 J&J 1st m 6s 1942 .—.J&J 1st m 5s 1960 ser D F&A 166" East St Louis (111) Lt & Pow— 96M s 29 s M&N Inc— 1957—M&S _ 6% conv notes Oonsol Gas of Bait 5s 1939--J&J Gen g4^s 91H 82 Bridge— 6M% notes 1935 Duquesne Light—See 35M 34M 113 '39--A&0 Consolidated Cities L P & Tr— 1962 90 81 20-yr ■ f6H» 1948 A&O 30 Dry Dock E B & B RR—See Thi r Ave Duke Power—1st 4Mb 1967.J&Di 97 Duke Price Power Co— 1st tn 8 f fts 1966 ser A .M&N| 71 Dumbarton B'ge 6 Ms to *36- J&J, 85 6 Ms 1937 to 1949 65 Duquesne Gas Corp— 1st conv 6s Mar 151945.M&S15 */ 2 8 107 M 101 2 5 f deb g 7s 49 M k Oonnelisv Wat 5s Oct 2 1st lien 5s 10M M 3M */ 4 1952 F&A */ ^ Certificates of deposit... */ M Det & Pt Huron Shore Line— i 1st gold 5s 1950 J&J / 3 Dixie Gulf Gas Co— 1st 6 Ms 1937 A with war.M&S 83 Dominion Gas & Elec 6Ms 1945— 50X Dortmund Munlc Utll (Germany) 1 48 J&J *31?_ 95 8 97 } 1952 Certificates of deposit.. 100 94 94 *63—A&O & coll trust 5s 1956 J&J Ry & Lt 4Mb 1951 _ —-J&J Conn River Pow 5s A 20" 1949 series 1st m s f 6 Ma Utilities 1st lien col tr 5 Ms 1st 96 Gen 19 M 1M Phil Co Conv deb 5 Ms 1954 ^ Detroit International J&J / / Florida Power Corp— Gen 92 J&D 6s 1947 gold notes 1932 Fed St & Pleas Val—See Federated Gen & ref 5s 1955 ser !01M 100 Connecticut Power 5s 1st 69 58 M _ Federal Water Service Oorp— A.A&O B—J&D C—F&A &ref 4Mb 1961 ser D-F&A & ref 5s ser E 1952.-A&O Gen & ref 5s lOi" conn Conn 67 71" M&S 1st 1 6% 60 J&J A&O series B ----- B—J&D Federal Public Serv Oorp— _ Detroit Edison— 98 100 Light & Power— 1st & ref s f 7s *51 ser A—M&N 1st & ref 5 Ms 1954 ser B--F&A 1st & ref 4 Hs 1956 ser C__J&J Stamped 1st lien g 6s 1942 stpd Debenture 6s 1954 ser 20 50 6 M&N 1948—M&N Detroit City Gas Co— 1st m 6s 1947 series A 52 53 J&D B M&S 4s 1950-_J&J 1st & ref 5s ser D 1962 Tunnel— 1st m s f 6s 1953 50 Conv s f deb 6 Ms Deh g 6s 1946 ser A Deb g 5Ms 1946 ser Oonestoga Trac 1st 100M 91M 91M 5 92 69 k 69 Without warrants ... Fairmont & Clarksburg Trac—. 53 1st g 5s 1938 opt 1913 A&O 105 Fall River Elec Lt 5s 1945 —J&J Federal Light & Traction— 66 M 1st s f g 5s 1942 opt M&S 98 M —M&S 1st m 5s 1956 Detroit & Canada 40 91 Commonwealth-Edison Co— 1st M 6s 1953 -J&J 1st M col 5s 1954 ser B—J&D 1st M col 4M« 1956 ser O.-A&O 1st M col 4 Ma 1957 ser D..J&J 1st M col 4 Ms 1960 ser E A&< 1st M 4s 1981 ser P M&8 1st 5Ms series G 1962 J&D Commonwealth Elec 5s 1943 M&S Oommonw Sub Corp—See Misc. Com'w'lth Tel (Pa) 5 Ms *45 M&N Com'w'lth Tel (Wis) 5s A '48 M&S Commonwealth Utilities Corp—_ Conv deb 6s 1938 M&N Commonwealth Wat 5Ms A 1947. lst M 5s 1956 ser B F&A 1st mtge 5s 1957 ser O—F&A Community Power & Light Co— Col M 5s 83 M 100 84 J&D 93 102 Equit G & E Utica 5s 1942.A&0 Erie Rys—1st 6s 1954 A&O / 5s 1967 A&O Europ'n Elec Oorp (of Canada) Deb 6 Ms 1965 w w F&A Erie Ltg 1st m 65 Gen & ref 5s 1962 ser *14—Q-J 98 100 80 series A M&S 16 Des Moines City Ry 5s 1936 J&J / Des Moines Elec Co— 100 1st m 5s, 1938 —M&N Des Moines Gas Co— 3 99 A&O 5M® 1942 76 Bid. Bonds. S F 6s 1937 opt Columbus Ry Pow & Light— 1st ref 4Ms 1957 ser A .J&J Sec conv g Terminals Co— 1933-1937- -M&S Derby Gas & Elec Corp— 1st lien 5s 1946 P&A Des Moines & Cent la Elec Co— 90 '36—A&O Col Ry 1st 4s *39 opt Cross St 1st 5s g 1933 104" Denver Tramway 1st M g gu 5s _ Columbus (Ga) Pow 5s 85 60 6% notes Oct 1 1933 Light— 5s 1954—_ —M&S ' (La) W W let 6s 1939F&A Coast Cos Gas & Elec— 1st M 5s 1960 M&N Colorado Power 1st 5s 53--M&N Columbia Gas & Elec Corp— Deb g 5s 1952 M&N Deb g 5s 1952 A&O 15 Deb 5s Jan 151961 J&J 15 Columbia River Longview Bridge */ 6Ms stapmed 1953 Columbia (S C) Ry Gas & El Co 1st M s f g 5s 1936 J&J Columbus Dela & Marion Elec Co 1st & ref 5s July 1937J&J / 1st & ref 6s (stmpd) 1937--J&J / Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1954; ser B—M&N Gen mod Income and defaulted bonis Ask. R Tr. H & P (Johnst'n, let g 5s 1934 opt Bonds. Ask. Bid. Bid. 58 % M&S 90 80 77 59 M 77 1954 ser B 82 76 M 73 M r Canadian price, s Sale price. * Negotiability impaired by maturity. June, 1933.] PUBLIC NOTICE.- -All bond Bonds. or loss Bid. 98 104 25-yr 11 8 .... 64 1st & ref 5%s s 59 1st & ref 6s 1956 s 57 64% 59% 59% 48% 50 s 101 . . 71 / . 19 % / / 15 k k 74% 66% 20 75 1st mtge 5s 1058 ser A—M&N Indiana & Mich El 5s 1957—F&A 1st & ref 6s 1955 M&S Ind Nat Gas & O—See Peo G L&C Indiana Pr 1st 17 %• *41 A .M&N Indiana Ry & Lt 1st 5s *43--J&J Indiana Service Oorp— 55 95 97 1st 1 & ref 5s 1963 . F&A s 1 32 ( 1 1st g 5s 1023 ext to 1933—M&S 1st M 5s 1957 A ser 74 1st s ..J&J f gold 5s Jan 1 1933—A&O / 6s gen 1958 39 Ind'p'lis Wat Wks Sec Ool tr 6s 1957 ser O.. Debs f 7s 1936 Oonv g 7% notes 1932 —M&S Certificates of deposit.. Intercontinents Power Oo— Debs A 6s 1948 with Without warrants Oonv deb 6s 1948 — wsutsvivuiBi warr aajuiV-UIIUL Sec 7s 1952 ser s Buff Trac 1st 5s 1948 Buff & Lock 1st g 5s 1938 Buffalo & Niag Falls Elec k J&D International Telep & Teleg— Deb g 4Ms 1952 J&J Oonv deb 4Ms 1939 J&J Deb 6s 1955 F&A Interstate Bridge 6 Ms 1950.M&N / Interstate Gas & El 6s 1951—J&D interstate Nat Gas 6s 1936—J&J Interstate Power let 5s *57—J&J Deb gold 6s 1952 J&J Iiterstate Pub Serv Oo— 1st & ref 6 Ms 1949 ser B__J&J 5 1961... ser ser 95 71% 95% 6Ms 1942 with warr— &D w w6Ms 1938.-J&D f 2% 3% 2% m 5Ms 1948 ser B M&8 47 49 88 74 81 97" 60 62 1st ref 0%s 1954 F&A / WW 7Ms s f 1946——-__J&D k Memphis Power & Light Oo— 60 68 44 48 51 48 lat & ref 5a 1948 ser 1st & ref 4Mb 1978 aer Memphis St Ry Erie Pow & Lt 6s 1946 A&O 80 Lake Roland Elev—See Un Rys & Elec. Lake Sh Elec 1st con g 6s '33 JAJ / — Gen gold 5s Feb 1 1933—F&A / 2 Lake Shore Power Go— 1st and ref mtge 6s 1950—.J&J 82 Lake Superior Diet Pow— 1st M & ref 6s 1956 J&D Larutan Gas 1st 6 Ms w w '35J&D (Mass) Gas & Elec— 1st M 4Mb 1940 ser B F&A Lehigh Power Securities— Deb g 68 2026 45 ser A Ref & lmpt 1960 J&D 5s series B Dec 1 1935 M&S g 5s Leipzig Overland Pow 6M» '46— (Ky) Ry—See Ky Tr & Term Lexington (Ky) Tel— 104" 62 51 54 90 75 73 62 81 79 81 79 75 82 48% 73 4 90% 63% 59% 67 85 18 7 1st M 6fl 1944 M&S Lexington Util 1st 5a 1952..F&A Lexington Wat ref 5Ms 1940.F&S LexingtonWa Pow Co 1st 5s'68J&J Conv deb 5 Ms 1953 J&J Lincoln Gas & Elec 5s 1941-J&D Lincoln Tel & Tel— 1st M 4Mb 1961 ser A J&D Little Rock G & F 6s 1937-M&N Little Rock Ry & El 6s '38—A&O Lockhart Power 5Ms 1950—F&A Lombard Elec Oo (Italy)— 76" 76 78 78% 85 52 51 53" 32% 34% 82% 1952— —J&D Lone Star Gas s f 5s 1942 ..M&N aer A A&O 86 78 73 87 50 J&J M&S 1st gold 4s 1938 F&A Exten gold 4s 1938 J&J Mexican El L lat M g 5a '42.J&J Mex Lt & Pow 1st 5a '40 s 1932.. 96 74% 99% 1935—.III Middlesex & Boston St Ry Gas Uo— Oonv deb 6s 1935--. IP 50 55 M 65 40 45' 75 94 96 45 62% fk fs fk fk 83 »89 Long Isl Lighting 5s 1936—M&S 100M 1st ref 6s 1948 J&J 99^ 1st & ref 5s 1955 ser B...M&S 94% Secured g 6s 1945 J&J 87 Conv deb g 5 Ms '52 ser A.A&O 72 Lorain Telep 1st 5s 1958 71 Los Angeles Gas & Elec Oorp— 1st & ref g 5s 1939 opt_._M&S k 104% 1st & gen 5s 1961— M&S k 96% Gen & ref 6s 1942 ser D..M&S k 102% Gen & ref 5Ms 1947 ser E J&I) k 100% Gen & ref 5Ms 1943 ser P M&S 100M Gen & ref 6s 1942 ser G_ M&S 103 Gen & ref 6s series H 1942. 103 Gen & ref 5Ms 1949 ser I.A&O k 100 M Los Ang G & E 5s 1934 J&J 100% 11% 11 11 12 65 12% 50 55 16% 18 78% 76% 79% 77% J&J f Midland Util deb 6s 1938...M&S Millv Etna & Sharps—See Phil Co Milwaukee Elec Ry & Light 1st & ref 5a 1961 ser B J&D 2 96 97 80 80% 101% 42% 102 44 78 69 81 61 64 72 Mississippi Power Co— 90 65 70 104 99 Minn Gen El 1st 6a *34 op..J&D Minnesota Nor Pr Jt 68 1934 A&O Minnesota Power & Light Oo— lat & ref 5s 1955 J&D 1st & ref 4Mb 1978 ..M&N 96 50 65 102 1st M 4Mb 1967 M&S Minneapolis Ga* Light Co— 1st M4M« 1950 —J&J 69 62 43 66 1st M 5a 1971 _J&J Milwaukee Gaa Light Co— 8* 55 35 33 46% ...Iff andNatural 4Ms 1932.J&J ref mtge Midland 46 79% 75 88 40 1948-M&S 5s ctfs of deposit 1933.. 5s ctfs of deposit 1934 5s ctfs of deposit 90 18% 21% f.F&A Michigan Associated Telep Oo— 1st M 5s 1961 A&O Michigan Gaa & Elec Oo— 1st & ref 6a 1943 M&S 1st M 5a 1956 J&D Middle West Utilities On— 5s ctfs of deposit 12 104% M&N M&N ^!°Wgan Light lat 6a 90 30 23 47 63 M f 7a 1957 84 6 Michigan Nor Pow lat 5s '41.J&J Michigan Public Service Oo— lat g 5a 1947 aer A A&O 79 42 80 Metrop Edison Corp 6s 1961 M&S Metropolitan West Side "L" 14 Lex 3 79 .F&A Lehigh Teleg 5s ser A 1949--J&J Lehigh Valley Transit— 1st M g 4s Dec 1935 opt—M&S Oons gold 4s 1935 J&D a lat M 4s 1971 ser E 1st 5s series F 1962 46% 74 1st 1st & ref 5a 1953 aer O 1st M 4Mb 1968 aer D 106 115 Lawrence 41% 50% 68 2 90% O-.AAO con g 5a '45.J&J / Metropolitan Edison Co— 72 10 95 Meridionals Electric Oo— Wyoming Val RR 1st extl 7s J&J J&D 95% A.-Ij 100 1st M coll tr 5Ms'53 ser O F&A 61% 1st col&ref 5%a 1960 ser D F&A "v 58 5M% gold notes 1935 F&A k 66% 43% 58 84 "5" A—.J&J Gen J&J 6a 1958 20 20 57* 82% 83 9 20-year a f 5%a 1946 J&j Sink fund deb 5s 1955 M&N Mass Utilities Associates— 8 f deb 5s 1949 ser A A&O McGav & Mt V—See Nash Ry&L Melbourne Electric Supply— Lake 77 87 84 89 64 63 85 82 Massachusetts Gaa— S* 79 63% 60% 60 56 65 40 1st 5s 1951 F&A Debentures 6s 1948 F&A / Laclede Gas Lt ref 5s 1934.-A&O 74 55 69 I Lackawanna & & 9 67 ser 57% 36 9 69 1961 23 44 70 67 H 23 43% Q-j j&j series 21 40 50 A aer Bait & Ann S l 5a 1946—F&A Maryland Light & Power— lat M 5%s 1950 aer 57 22 32" f 7a 1940 67 Kokomo 65 85% 76 ._ a 46 100 Ref & 1st 40 44 gen 5s ser A 1956. J&J Market St El Pass Ry—See PRT Market St Ry (San Francisco)— F&A F&A 1st 1 & ref 6s 1951 ser B._.A&O ..... 36 Guaranteed 6s 1933 .A&O 1st & ref 6%s 1957 aer A..J&J ist&ref 6 Ms 1962 aer B..J&J 100M 74 31 1st Ms f 5 Mb 1952 ser B..J&J Mannheim & Palatinate Elec Cos 15-year s f 7s 1941 ...J&D Manuf'rs Wat (Pa) 5s 1939.J&D Maritime Tel & Tel 1st 6s 1941 J&J Maryland Electric Rys— W2 95 Kings Co Elec—See Bklyn-Queens Kings Co Gas & 111 1st 5s "40. A&O Kings Co Ltg 1st ref 6s *64—J&J A 1949 B 1950 1st & ref 5s 1955 70" M&8 Mississippi Power & Light— 1st M 5a 1957 87 M Mississippi River Fuel Corp J&D k 70 — lat s f 6s 1944 with warr F&A 15 Without warrants 101 95 M 89 87 103 Mississippi Riv Pow 5a '51. _J&J Deb 5s May 1 1947 M&n 91 90 103% 90 Missouri Gas&Elec 6s A 1944M&S 1st & ref 5s ser B 1957 J&J Missouri Power & Light— 42 44 35 38 lat M 5%s 1955 ser A M&8 lat M 4Mb 1958 aer B M&N Missouri Public Service CoFirst mtge 5a 1947 aer A—F&A 90 77 85 80 84 Mo Riv Sioux City Bdge Co— 1st s f 6s 1953 M&S 15 73 ; 75 49 52 56 104 104 85 / This price includes accrued Interest. 70 93% 101 35 lowa-Nebraska Lt & Power— 1st lien & ref 5s '57 ser A.M&N 1st 1 & ref 5s 1961 ser B..M&S Iowa Pow & Lt let 4 Ms 1958 M&S Iewa Pub Serv 1st 5s 1957-J&D a: Dbd 5s 1968 ,_M&8 1st mtge 5%s 1959 M&8 iowa Ry & Lt (Oedar Rapids)— 1st & ref 5s June 1946 B...J&D 1st & ref 5 Ms Oct 1945—M&N Iowa Southern Utilities— 1st & ref 6s 1943 F&A 1st & ref 5 M« 1950 J&J Deb 6s 1950 ser A.. M&N Iron wood & Bessemer Ry & Light 1st s f g 5s *36 opt after '15.F&A t Basis. • 132% s Interstate Tel & Tel 5 Ms 1953 J&J Interstate Water 6s ser A1940 F&A 1st lien & ref 6s 1st lien & ref 5s M& 126 s A&O iowa Electric Oo— 1st mtge 6s 1934—.. M&N 100% 21 35 102 53 1st & ref 5s 1956 ser D J&D 1st & ref 4 M« '58 ser F...M&S Interstate Rys 4s 1943 Interstate Teiep Oo— 57 41 Purch money 6s g 1997—A&O Edison El IU Bklyn 4s '39. J&J Ry— 87% 37 92 103% 45 36 33 88 84 Kings Co E L & P 1st 5s '37.A&0 35 35 J&J 1st M 5s gold 1935 J&J Internat Ry ref 5s *62 op.M&N 1st M 6 86" 39 30 31 86 6 85 80 86"" 37% 56 70 92 U/BI<CU1 F 25 96 70 58 *fk 9 ♦/ 7 J&J 16 International Railway (Buffalo-r 20 81% 1st lien & coll tr 6a '53—M&S 94 J&D *fk 8 Bee 7s 1957 serE 102% lBt lien coll tr 5Ms 1937—A&O Manitoba Power Oo Ltd— 1st M a f 5Ma '51 aer A...J&J M&N 43 104 Manila Gas Co— Keokuk Elec 6s 1945.. 35" Oonv deb 6s 1944 w w A&O Internat'l Pow Ltd 6 Ms 1957 M&S Deb 6s 1957 M&S International Power Sec Oorp— 6M% sec bonds 1955 serOJ&D k 98 101% 101 86 Key West Electric 5s 1956--F &A Keystone Pub Serv— 1st M 5s 1978— M&N Key Tel 1st g 5s '35 opt '08..J&J 1st 1 & ref 5Ms 1955 ser A.J&D f „ 90 95 84 Kewanee(Ill)Pub Serv 6s A '49 J&J 4 * 104 85 80 99 15 103 103 76 1st 7s series J 1957 1st 6s series K 1957 Keokee Consol Coke 5s 1959.J&J 1 J&D / Inter borough Rapid Transit— 1st & ref g 5s *66 op tax-ex. J&J 6% notes 1932. A&O ♦ Certificates of deposit.. 102% 102 Manhattan Ry con 4a g '90. A&O Cent Hanover Bk ctfs of dep 2d gold 4a 2013 J&D Manila Elec RR & Ltg Oorp— 4 Oonv deb 6s 1934 51 48 101% 1st & ref 6s 1954 M&S Debenture 7s 1944 —J&J Macon Ry A Light lat 5s '53.J&J Madison Oo (111) Light & Powerlet g 5a 1936 J&D Madison G & El lat 5a 1940-A&O Gen & ref 5s 1950 M&N Madison Rys 1st g 5a 1936—M&N Mad Riv Pr 1st 5s *35 gu od.F&A Malone (N Y) L & P 5%s '56.J&J 4 A&O 47 46 A—M&S ser 3 J&D 101 23 87 99 A&O Inland Telep 1st 6s 1948 Inland Utilities Inc— 101% 35 19% 83 81 93 B ..M&N 32 _ 65 3 5s 1958 J&J ser 86 90 95 105 89 1st M 5s 1969 Sinking fund deb 7> 1938.F&A Inland Pow & L s f 6s *36 A M&S f 6s 1941 70 10 5 96 % 96 % 6 4s 1938 Certificates of deposit s 60 90 89 inland Gas Ooll tr 78" 105 20 5s 98 M&8 90 101 101 op'13 A&O 76 94 101% 19 Kentucky Utilities Co— 1st M 6 Ms Sept *48 ser D M&N 1st M 5Ms 1955ser F A&O 70 1st lien & ref 5 Ms 1954—M&S 1st lien & ref 5s I960.....J&D 91 100% 86 18 95 & ref 5s 1970 1942 1st M 5s j 961 series G 65 lit lieo 6s 10 J&J 90% 1 101% 100% M Kentucky Traction & Terminal— 1st & ref gu 5s *51 opt '14.F&A Lexington Ry 1st 5s 1949. J&D .... 1st & ref. g 4%s 1040 opt—J&J 1st lieu & ref 5 %■ 1953—_M&8 90 Kentucky Power & Light Oo— 86 Indianapolis Water— 85" 95 55 84 c Gen M 6a 1950 F&A Lower Austrian Hydro-Elec— 1st af g 6 Ma 1944 Luneburg Pow L & W W (Germ'y) 1st M s f 7a 1948 ..M&N Luzerne Oo (Pa) Gaa & Elec— lat ref&imp g 5a'48 3 87" 1st 35 5 14 14 X = » Conv deb 75 85% 4s 1033.--J&J / Oitizens St con 5s g 1033 M&N / Indianapolis W W Sec Oo— Secured 5 / — 100% 13 J&J 1958 F&A 1st Indianapolis Trac & Term Oo— Indlanap St 1st & ref 4Ms 1961 ser O.F&A Deb ■ f 6s 1937 aer A A&O Louiav Ltg 5a '53 unatmpd-.A&O LoulavMe Ry 2d 4Mb 1940-M&8 61 Kentucky Fuel Gas Oorp— 30 Indianapolis & Northwest Trac— Indianapolis Power & Light— 63 7 45% 50 99% 1st & ref. 6s 1947 ser O—F ' 1 41% Louisville Gas & Elec 'lo (Ky)— 1st & ref 5s 1952 ser A...M&N 1st M 6s 1955 ser A 1st M 5s 1957 ser B 32 o0 b f g 5s 1940 J&D Los Angeles Ry 5s 1938—.A&O .. 98 70 Indiana & 8 W Gas & Util— 6% conv notes 1940 J&D Indianapolis Gas 5s 1052 A&O Indlanap Nor—See Un Tr of Ind 1st & ref 48 Deb gold 6b 2022 87% 30 47% 1st mtge 4Mb 1980 J&D Kansas Pow 1st 5s 1947 M&S Kansas Power & Light Co— 61 Indiana Hydro-Elec Power— let & ref M 5s Jan 1 1050--J&J 45% 30 10 Kansas Elec Pow 6s 1937—-J&D 1st M 6s 1943 J&D 1st M 5s 1951 J&D Kansas Gas & Electric— 100 • 29 Kansas City Power & Light— 1st mtge 4Mb 1957 ser B..J&J 1st M 4Mb 1961 -F&A Kansas City Pub Ser 6s 1951 J&J mmmmm .... 98 81% Bid Los Ang Pac Oo—See Pac EIRy Los Ang & Pasad—See Pac El Ry Los Angeles Railway Oorp— 46 1st J&J bonds 28 1st & ref 5s 1936 F&A Kanawha ValTr 1st M5s '40. J&J / Kansas City Gas 1st 5s '46--F&A 1% , 1st M 5s 1948 defaulted Bonds. 80% Kanawha Trac & Elec Co— 72 k and Ask. 26 _.T&D f Jamest'n (NY)Telep 5s 1954. J&D Jersey Central Pow & Lt Corp— 1st & ref 5s 1947 ser B F&A k 1st M 4Mb 1961 ser O J&D Jer City Hob & Pat—See P S Corp Johnstown (Pa) Trac 5s '43—J&J Joplln W W 1st 5s 1957 M&S 74 17 Inooms Louisiana Pow & Light Oo— 1st mtge 5s 1957 ..J&D Louisiana Stm Gener 6s 1939 M&N 1st sink fund 6 Ms Deb g 7r 1943 100 Indiana Central Telep Oo— 1st lien coll 5% 1938 M&N Indiana Columbus & E Trac— Gen & ref g 5s *26 op '11..M&N Dayt Spgf & Urb 5s *28—M&N Indiana Electric Corp— 1st M 6s 1947 series A—M&N 1st M 6%s 1953 series B..F&A 1st M 5s 1951 series O—M&S Indiana Gas Utilities 5s 1046 J&J Indiana General Service— 77 and 1st gold 5Ms series A 1955-J&J James River Bridge Corp— 37" 90 **f" Debenture 6s ser A 1952-M&N Jacksonville Trac 1st 5s '31 _M&ft / Jamaica Pub Serv 5s B 1950-J&J Jamaica Water Supply Oo— 55 1st 6s 1944 —J&D Illinois Water Service Oo— 1st mtge 5s 1052 series A.-J&J .M&N a Jackson Cons Tr—See Mich E Ry Jacksonv (Fla) Gas § f 5s *42. J&D 34 1954 ser B..J&D ser O J&D ft f deb 5%s 1957 M&S Illinois Power 1st 7s 1936 J&D Bid. f 5%b 1953 ser A..M&S Italian Superpower Oorp— Deb 6s '63 (without warr)—J&J .54 IH-Ky Bdge 6%s 1947 M&S / Illinois Northern Utilities Oo— 1st & ref 5s 1057 opt A&O k Illinois Power & Light Oorp— 1st & ref 6s 1053 series A.. A&O s BONDS marked Hydro-Elec Oo (Italy— 1st M s f 7s 1952 Island Gas & Electric— 102 J&J except vbira Bonds. 103 M&S UTILITY Interest" iaarco Idaho Power 1st 5s 1047 J&J 111 Bell Telep 1st 5s 1956—J&D Illinois Cent Trac 5s 1933 J&D Illinois Commercial Telep— 1st mtge 6h 1960 ser 111 Commun Tel 6s 1949 'and Ask. Hydraulic Power of Nian Falls— lstr& refunding5s 1050 J&J Ref & lmpt 5s 1051 A&O 1st 5s series A 1948 tra A; Last sale, n Nominal. Canadian price, a Sale price. * Negotiability impaired by maturity PUBLIC 78 - Bway & 7th Av cons 5s '43 Certificates of deposit 79 Cons g 34 ff 103 60 1st ref M 6s 1951 65 85 67% 69 43 j 5s 1951 s 90% 90 38 91% 39% 6% 87 89 1st, M 5s 1951 ser Y 1st mtge 5Ma 1953Norf & Ports Bdge 7s 1942 J&J k 51% 60 Norf & Ports Tr—See Va 61M 66% Norf Ry & Lt 1st 5s 1949.-M&N Norfolk St 1st g 5s 1944--J&J 88 93 Ry & P 97 97 orth American Co. Conv deb 5s 83 101 99 90 93 82M 85 North Carolina Pub Serv Co— Deb 5s Nov 15 '69 ser C 100 99% 1st & ref 5s 1934 opt-. B .M&N Nat Public Service Corp— 17% Debenture gold 5s 1978—F&A / Certificates of deposit———— *f 17% 3% .T Toll Bridge 6s stmp 39-J&J f Neb-Iowa Bdge 6%s 1943-F&A 94" Nebraska Pow 1st 4%s 1981-J&D 73 Deb 6s 2022 ------M&S 58 Nev Calif Elec 1st 6s 1950—A&O 60 Debs 6s July/1941——-— J&J 110 Newark Gas 6s Apr 1 1944—Q-J 108 M Newark Cons Gas con 5s 48-J&D New Amsterdam Gas—See N Y GELH&P New Brunswick (Can) Pow Co— Deb 5s 2030 ser Salisb & 100% 82 75 74% It* 97 76 61 71% 1957—M&N North gold 58 1937 opt California F&A Gen'l 1 & coll 5%s 1901 orthern Calif Pow 5s 1948. Northern Conn Power Co— 50% North El Co & Nor Pap Mills— 1st M 5s 1934-1947 M&N 51 50% Northern Ind Pub Serv— 55 57 O—M&N s 1st & ref 5s 1969 ser D M&S k lst&ref m 4%s 1970 serE_J&D North Ind Gas & El 6s *52.-M&N 60 Tel & Tel-1st 5s 1952 series A 1st 4Hs 1961 ser B 61 101 1954------—J&D 1st 5s 1951---J&J New Eng Pow 102 New Eng 105% 101% -J&D M&N Hampshire Pow 6s Dec.1943 105% 101% 1st & ref 5s 1966 ser Northern N Y Utilities Inc— 1st M & ref 5» 90 40 1st 1 & ref 6s 1943 C 80% 1st 1 & ref 5Hs ser D *49._J&D 1st 1 & ref 5s 1955 ser E..J&D 70 Watertown L & P 5s 1959-J&J 66 Gen & ref 5 % s 1951 Northern Ohio Telep Co— 59 57 M 1st lien & ref 5s 60 59 s 49 M 4%s 1935————J&J Inc 6s Nov 1949 ser A.-.J&D */ 34 New Orleans Ry & Light Co—■ 84 90 NOOy& Lake 6s 1943—J&J Newp News & Hamp Ry G & E— 1st & ref 5s 1944————J&J Newp News & Old Pt Ry & EJ 1st g 5s Nov 1 1938 M&N Gen g 6s Mar 1 1941—-M&S New Rochelle Wat 5%a 51-M&N 1st 5s series B 1951 M&N N Y Cent Elec 1st 5%s '50-M&S k N Y & East River Gas—See NYGELH&P Co— 1st lien & ref 6%s 1941—-A&O 1st 1 & ref 5s ser B 1944—A&O 1st 1 & ref 6s 1951 ser C—A&O Y Gas Elec LH&P Co— 1st g 5s Dec 1 1948 J&D 51 1956 Gen & ref 6s 1947 ser A 1st & ref 58 1956 ser A 1941 1st & ref 6s 1941 ser B 79 81 80 5M% notes 1940 82% 73 New York Edison 111% 112 105% 96 % 110% 94% New Amster Gas 5s 1948—J&J k 96 NY&ER Gas 1st g 5s *44—J&J 93 Con 5s 1945 J&J 87 NY&Westch Ltg 4s 2004—J&J Deb k 5s 1954 op guar—J&J k 100 4s 1949—F&A 5s '95 J&J s A—J&J Adj income 6s Jan 1 1965-Apr f 89 100% 58 3% 78% ..F&A 50 88 51% 19% 61 A&O s f 6s 1947 ser 89 100 65 53% 56 77% 79 81 55% 34 B—-F&A Penn Pub 8 1st 6s serO '47.M&N 1st & ref 5s series D 1954. J&D Pennsylvania Electric Co— 1st & ref 4s 1971 ser F—- M&N 1st & ref 5s ser H 1962—A&O _ 14% 40" 29 77 27 52 56 11% 101 69 4% I In London. r» Nominal, f r 98 95 54 90 47 104" 107% 104% 103 94% 94% 1 27 61% 61% 104% 104% 50 40 102% 44 8 Pennsylvania-Ohio Pow & Lt— 1st & ref 5 Mb '54 ser A—J&J Penna Pow Co 1st 6s 1950—J&J Pennsylvania Pow & Light Co— 1st M 4Mb 1981 A&O Pennsylvania State Water Corp— 1st lien 5%s 1952 series A-M&8 Penn Tel 5s 1960 ser O————Penn Water & Powers f 5s 40J&J 1st ref 4Mb 1968 ser B M&S Oauaiiaii ( price, s Sale price. 104 49 12 96% k s k k k 97% 74% 75% 64% 60% 83% 76% 61% 66 73% 74% 49% 52 68 70 65 _ 14 *411. 45 Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A—M&S Pennsylvania Gas & Elec Co— 1st 1 & ref 5Mb '55 ser A—M&S 1st lien & ref 5b 1958 M&S Deb 6s 1940 J&D _ F&/ Northwestern Power Co Ltd— /1st m s f conv 6e '60 serA.J&J Certificates of deposit—.... 1950 104% 103% J&J Without warrants 100 25% 27% 100 60 J&D Deb 6%s 1959 ser 1 24 97 98 Central Light & Power Co— 1st & ref 4Mb 1977 M&N Penn-Ohlo Edison Co— Deb g 6s 1950 ser A M&N 92 30 .... 96 r Penn 92 89 / / Last sale. 95 95 A&O Peninsular Tel Co 1st 5%s '51 86 Northwestern Elevated (Chic)— k 96% 65 & Passaic Gas & Elec consol gold 5s 1949 M&S Pecos Valley Power & Light Co. 1st 6%s w w 1937 ser A-.M&N Debenture 7s 1942 J&J 87 75 b Basis / This price includes accrued interest. Negotiability impaired by maturity 22 92 A.A&O 5s 1937 103% 38 B 20 94% Paterson 5 1935-. Northern Utilities Co— 1st lien 8 f 6s 1943 ser A..M&N S f deb 6%s 1943. M&m Series 65" 70 Paterson Ry—See Pub Serv Corp 100 84 war 98" 90 83 85% J&D 99% 90" 96% 103 108 120 89 s without 69 5-year 5% notes 1930 M&8 Pacific Teleph & Telegraph— 1st & col tr s f g 5s 1937—J&J 2 Ref M 5s 1952 series A M&N Parr Shoals Pow 5s 1952—. A&O Passaic & Newark El Traction— 84 99% A&O A&O Northwest Louisiana Gas- 107% 94 76% 107 ^ 99% 81 105% 106% 85" 93% 70 1st 7s §5" 90 82% f g 5s 1940 opt J&J Northern Texas Utilities Co— Coll tr 86% 86 J&D 81 77% 92 F&A M&S Northern Texas Elec Co— 85 99 M&S 78 75 70 83 1st & ref 5s 1962 4 Northern btates Power Co— 1st & ref 5s 77% 85% Northern Penna Power Co— 38 Gen 102 83 1st s f 5%s 1957 ser A F&A Northern Ohio Trac & Light— 50 72 36 30 6%s series O 1939 A&O 96 5%s series D 1945 J&J 93 5s series E 1946 .A&O Ozark Power & Water Co— 51% 1st s f 5s 1952 M&S 85 Pacific Coast Power 5s 1940-M&S 44 Pacific Elec Ry g 5s 1942-- J&J ! 28 Refunding 6s 1961 ...M&S Los Angeles Pacific Co— k 48 1st ref g 4s 1950 opt '15—J&J 56 1st & ref mtge 5s 1943-M&S 103% Pacific Gas & El ref 5s '42—.J&J s 106% 1st & ref M 6s 1941 ser B.J&D 104 1st & ref 5Mb 1952 ser O.J&D 101% 1st & ref 5s 1955ser D J&D 94 1st & ref 4 M» 1957 ser E..J&D 94 1st & ref 4Mb *69 ser F J&D Pacific Light & Power Corp— 104 Pac L & P Co 1st 5s 1942.J&J Pacific Northwest Pub Serv— 26 Conv deb 6a 1950 —M&S Pacific Power & Light Co— s 61% 1st M 5s 1955 F&A Pacific Public Service Co— 13% 86 M&N Northern Ohio Pow & Lt— 100 88% 70 Otter Tail Power Co (Minn)— 98 1st lien & ref 6s 1947 B...M&N & Electric— Oonsol & refg 5s 1933 J&J New Mexico Power— 1st M 5s 1958 ———J&J N ew Onean* Pub Service Co— 1st & ref 5s 1952 series A—A&O 1st & ref 5s 1955 seriei B—J&D 53" 86% 46% 5s 1948 ser A.___ Ref & coll tr 5s 1957 90 J&J 1963 1st lien & ref 7s 1946 A...M&N New London Gas m 41 84% 50 45 Ottawa Valley Power Co— 1st M s f 5%s 1970 37 k 85 opt-——M&S 4%s *60—A&O New Jersey Water Co— 1st M 5s 1950 —F & A 75 87% 98 M&S 37 79 M Hud Riv Ry & Ferry—■ 1st gold 4s 1950 N J Pow & Lt 1st 32 Northern Elec Co Ltd—See Misc. MP 1940 52 39 Oregon Elec Ry 5s '33 opt.-M&N Oregon-Washington Water Serv— 1st M 5s 1957 series A _J&D Oslo Gas & El Works (Norway)— Extl sink fund 5s 1963 M&S 48 12% 100% / 49% =J&D Conv deb 6s 1950 —M&N New Eng Pow Assn 5s 1948.A&O 82 100% 60 1st & ref 5 101% 1st gu g 5s '45 op bef '10- -M&N Orange & Pas Val R—See P S Corp Orange & Rockland Elec Co— 1st m 6s 1958 F&A 100 Power— Northeastern Public Service— 90 81 k A.-J&J F&A 99 86 50 M&S 77% k 1st sf5%s 1950— J&J Ontario Transmission Co Ltd— 45% 1st & cons s f 5s '48 op '15.J&D _ 97 92 85 k Ontario Pow 5s *43 op to '13.F&A Ontario Power Serv Corp— 96% 6s A 1947 M&S North Shure Gas Co of Illinois— 1st 94 95 91 Ottawa Trac 1st 5 %s, July '65J&D North Shore Electric Co— 1st & ref g 5s '40 op '20—A&O orth Shore Coke & Chemical— 63 92% Ottawa L H & Power— 49% Association 91% 82 67 86 100 North Penn Gas Co— 1st M & lien 5%s 90 ol (Hoboken, N J) 5s 1938--A&O North Jer St Ry—See P S Corp. 101 100 Omaha & Council Bluffs St Ry— Income 5s 1937 J&J f 75 Spencer 5s 1945-M&N 15 99 99 Old Dominion Pow 5s May 15 '51 Omaha & Coun Bluffs Ry & Br 82 99 99 78 North Hudson Lt II & P Co 25"" 1st IF 8 Okla Power Holdings 5Mb '43 J&J Oklahoma Ry 1st & ref 5s '41. J&J 31% 98 55 87 5s 1937—--———-M&S Castle (City of) W 5s 41 J&D 1st M 87% 63 1st m 5s 1948 ser B Oklahoma Power & Water 88 83 Corp— coll & ref 5Mb 1948 ser A— 1st 3 Okla Natural Gas 6s 1940 1st North Continent Utilities 64 100 95 J&J 74% 52 30% A&O 1956 1st & ref 5s .... 15 95 lst«%s 1943 (with war) J&J Ohio Valley Water 5s 1954—J&J Ohio Water Serv 5s A 1958-F&A Oklahoma Gas & Electric— 1st M 5s 1950 M&S Debenture gold 6s 1940—-M&S Oklahoma Gas Util 6Ma 1934 100 70% 50 Ohio Valley Gas Corp— 73 B...F&A15 98 M 98 M 1958——J&J N Y Power & Light Corp— 1st mtge 4Mb 1967 .-A&O N Y & Queens Gas 1st 5s '34 F&A ser M&N15 North Amer Light & Power Co— S f deb 5Mb 1956 ser S J&J Serial 5% notes 1934 A&O Serial 5% notes 1935 A&O Serial 5% notes 1936 A&O orth Boston Ltg Properties— 5%% secured notes 1937-A&O 96 % 91 52 98 J&J D.J&D —J&D 106 73% Zi* 79 1957 ser A__M&S Deb 5Ma 1963 52" 47 50 - A-A&O 1st & ref 7s 1947 ser B F&A 1st & ref 6s 1953 series O-M&S 1st & ref 5sl954 ser D—M&S 1st & ref 5%s ser E 1961M&N Ohio State Telep 5s 1944 J&J Ohio Val Elec Ry 1st M 5s '46J&D 80% F&A Deb 5s 1901 North American Edison Co— k 59 Ohio Public Service Co— 3 / 49 52 63 99 Nippon Elec Pow Ltd (Japan)- 101% Heating Co— 101M 1st M gold 5s 1937 guar.-M&N Nassau El RR—See Bklyn Queens 96 M Nassau & Suff Ltg 6s 1945—F&A Nat Elec Pow Co deb 5s 1978 J&J ' Nat Pow & L deb 6s 2026 A.F&A * 1959 1st & ref 5s 1955 series A.A&O Nashville Gas & New York Rys Corp— Prior lien 6s 1965 ser 105 100 '50.-M&N J&J Niagara Lockport & Ont Power— series A 6%s 1947 fund ser B 1957-J&J Nashville Railway & Llgnt— Cons g 5s 1963 opt 1908—J&J Ed El 111. N Y. con g M&N f notes 1935 lOO" 100 1st 5s sink Pur mon coll tr 1st & ref 4Mb 1956 ser Deb g 6s 2024 Westchester Lighting— 1st & cons 6s ser AA 5a 67 A--.—-J&J _ s & 72 64 M&N A. iagara Falls Power— 86 Ry—See Phila Co M&DOTr Co—See Un Tr of Ind Muncle W W 5s Oct 2 1939-A&0 Municipal Gas Co (Texas)— 1st M 6s 1935 ser A -M&1S Municipal 8erv coll 6s 1950-F&A Mutual Fuel Gas 5s 1957—M&N Mutual Telep (Pa) Ist5s45-A&0 Mutual Un Tel—See West Un Tel Narragansett Elec Co— N 103 107% 103% 98% 103% See N Y Gas Elec Lt & Pr Mt Wash St N J & 98 92 s 55% New 105% 99% Ohio L & Pow 1st 5s 1944 Ohio Pow 1st & ref 5s 1952 B 92 56* 1st M & ref 7 mb '46 ser 67 Deb 5%s 9 M&N A.A&O England G & E 1% M&N 1955 ser B-.-A&O f 4Hs 55 ser_C A&O Gen & ref s f 5s 1955 ser D-A&O Morn side El St Ry—See Phila Co Mount Home Telep 5s 1938-J&J Mountain States Power Co— 1st & ref 6s 1938--J&J 1st M 6s 1938 series R---J&J Deb g 6s 1947—— Conv deb 5s 1948 2% 80 1st M 5s 1956 Gen & ref s ew / 4 / 1st M Gen & ref 5s New 99 33% 9§ 7s 1942 mmmm 68% 30% Ogden Gas 5s 1945 M&N Ohio Assoc Telep 6s A 1962.J&J Ohio Cent Telep 1st 6s '47—J&J Ohio Cities Water Corp— 1st m col tr 5%s 1953 ser.A J&J Ohio Edison 1st 5s 1957 A&O s 1st & consol 5s 1900 F&A Ohio Elec Pow 1st M 5s 1957 J&D Ohio-Kentucky Gas Co— 1st s f 6 Mb 1943 ser A J&D / 98 101 80 Alt. 68 k Teleg Light & Power Co— 1st M s f 5s 1958 ser A —J&D Oberpfalz Elec 7s 1940----Ocean City Costal Highw Bdge— 50 r 78 M&N 83 Nova Scotia 8% 93 J&J ---M&S 4Mb 1980 62% 67 N 6s 1952 78% 60M opt——J&J Ref & ext gold 5s m Certificates of deposit 1st con 6 %s 1962 Certificates of deposit Montreal Tramways— M 5s 1957 ser 10 103 A&O —-J&J 1st m 5s ser A 1957 Northw Teleg—See W U 25 A—M&N 80 M f 5s 43 op 18—J&J 1962 ser A—-.—-J&D Montreal Isl Pow 5%s 1957-M&N Montreal bt fit & Pow Oonsol— 1st ref & coll tr 5s 1951-—A&O 1 «t ref col & sf 5s 1970 serB M&8 3s conv deb 1939—— J&J Montreal Pub Service Corp— 1st & ref 5s 1942 M&S Deb g 5s 1st ser 5Mb 1962 1st m 43 Power—■ m Few York State Rys— 1st con g 4Mb '62 op '13--M&N 28 1st & ref s 1st & ref g 5s 1941 Gen & ref 5s 1955 series 1st 1st 41 Bid. Bonds l6" F Y State El & Gas Co— 38 . Am* [ Y & Richmond Gas Co— 81 Monongahela Valley Water 1st M 5%s I960 series A—J&J Monongahela West Penn Pub Ser 1st lien & ref 5%sser B 63 PA A Mont Cities Gas 7s A 1937-M&N Debenture 7s 1937———M&N Montana-Dakota Power Co—■ 1st m 5%s 1934 J&J Montana 79" 100% 20 7 7 30 f J&D / / Sixth Av RR pur M 5s '65-J&J / Third Ave—See under "T". 34th St Crosst 1st 5b '96—A&O 23d St Ry 5a 1962 J&J 44 RR 1st g 6s 37—.J&D 5s 1941--------M&S a a Asa Northwestern Pub Serv Co— Bleeck St & F F 1st 4s *50- J&J 20 Mob Lt & M Bid. 50 26 Monmouth Cons Wat 6s 50-J&D Monongahela Light & Pow Co—1st M 5s 1949—— Monongahela Valley /lj"actl°?7^. 1st M g 5s 42 opt ,22_—J&D Mobile Ua» imp & — . 23 45 Bridge 7s fund 7s 2nd sink UTILITY BONDS 22 1951-J&J 1951-----J&J rei 7s 61-J£" Mobile Bay _ Bonds. Ask. Bid. Bonds. _ _ 68 58 fc 95 98 98% 87 88 95 68 97 104 105 96 97 65 JUNE, 1933.] PUBLIC NOTICE.—All bond prices Bonds. Bid. Ask. Peoples Gas (N J) 1st 5e '68- J&D People's G L & Ooke. Chicago— 1st cons g 6s 1943 A&O Refunding gold 6s 1947—M&8 78 UTILITY BONDS 83 1st & ref 4s 1981ser B J&J lot & ref 6s ser O 1957 J&D Serial 4*% notes 1934—F&A Serial 4* % notes 1935 F&A Serial 4* % notes 1936 F&A Chic G L & O 1st 5s 1937—J&J : 107* 96* 79* 101* 1st 5s 1948 1st & ref 5s 1950 M&N Debenture 4s 1950--- f 15 Jersey Gas El & Trac— Guar g 5s Mar 1 1963.. 1 Public Service Elec & Gas Oo- 87 90 * Puget Sound Power Co— "" 1st g gu 5s 1933 opt Ji Puget Sound Power & Light— 14 18" 12" 26 15 )k 17 22 1 107 18 49 76 r r 70 70 I 49 Eq 5*s 1933 Darby Media & Ches St Ry 1st 4His '36 opt '16 gu—J&J Best Mantua & Falrm 5*s '34 Market Street Elev Pass Ry 1st g gu 4s 1955 M&N Sink fund 5s ser "8" '51.M Sink fund 5s ser "9" '52.M Sink fund ser "10" '53-M 50 68 70 Elec & Peo 4s tr ctfs '45. A&O 19 21 People's Traction Co— P P Ry tr ctfs 4s *43 .F&A 25 30 5s 47 53 1941— See "R R". Pnua Subur-Counties Gas & Elec 1st & ref 4*8 1957 M&N k 100 Phila Sub Water Co— 1st M 5s 1955 1st M 6« 1969 M&N A&O M&N A&O 1st M 4*8 1967 1st M 4*8 1970 Phila & Western Ry 5s 1960—J&J Piedmont Hydro-Kl Co (Italy)— 1st & ref s r 6*s 1960 ser A A&O Piedmont & North 1st 5s 1954. J&J Pitts & Alleg Telep 1st 5s 1949— Pitts Alleg & Man—See Phila Co Pitts & 100 sec. notes ) 83 1 i 98" 103 35* 35* Portland General Elec Co— 1st & ref 4Kb 1960 M&S 5s 1935 J&J. Portland (Ore) Gas & Ooke— 58* 99* Cons M g 100 1st M 6*s 1942 Ser A.M&N f 6s 1942 Ser B..M&N Deb gold «*■ 1947 —M&N Power Gas & Water Sec Corp Coll tr 5s 1948 with warr.M&N 1st M s 100* 85 80 Power Secur coll tr 6s '49 J&D Providence Gaa Co 1st 5*s 1942 4s series B 1963 F&A Prussian Elec 6s 1954 Public Elec L Co & (St Albans, Vt) 1st 5*s 1956 A&O - *a*54 series B. M&S 1st & ref 6s series O 1961-M&N Deb 6a 1946 99* | Rockland Light & Pow— 89 90 s 82 82* 79 St Clair County (JL11) Gas & El— 1st cons guar 5a 1959 M&L St Joseph Gas—1st 5s 1937—J&J 60 40 59* 97* 54 Gen geld 5s 1944 Gen & ref 6s 1952 80 77 81 88 Refunding 6a 1956 100* 97 42 R T. 99 0 £ 100* 102 99* Pub S ervice. 103* 50 74 68 92 90" 82* 77* 90 O 1947 M&S 1st & ref 5*s ser D 1960.M&S ser 23 33 36 20 25 73 77 (Calif)— ^ 82* 83* 97 xow v ilv"""1 ser A.M&S £ outhern Natural Gas CorD— 1st s f 6s 1944 with warr J&J Without privilege Deb Telep 1st 5a 1948.J&D g 5s 1970. J&D £ 0 Ohio Elec 6s 1955.. J&D 1st g 5*s 1959 ser D J&j S ou Pub Utll 1st 6a 1943 J&J 9 outhern Trac—See Phila Os. Q outhern United Gas (Jo¬ ist lien 6s 1937 with warr A&O / a — 60 a yum wuoLuiii AHUC 54 55 108 106 75 103 102 104 96 59 108" 95 92 97 9 84 86 98 10 ieiep uo— 1st M 5s 1961 A&O Q 72 56 96 93 suthwestern Bell Telep— 1st & ref M 5s 1954 ser A-F&A 3 outhwestern Gas & Elec Oo— 1st mtge 5s 1957 ser A J&J 1st M % 1957 ser B M&N 1st 6s series C 1961M & N 50 2 100 63 5*s '57—A&O k 102 95 1st ref 6s 1952 series A 1st & ref 5s 1958 ser B San Antonio Tr 1st 5s '49 J&J J&J k *0 !«t M ■ f 6*s 1939 £ outh lnd G & E „ 54 1st & ref 6s J&J 100 92 £ ^nth N E M&N M&S San DIega Consol Gas & Elec— ISt g 5s 1939 spt 1914 M&S 1st & ref 6s ser A 1939 M&S 1st & ref 5s 1047 ser B M&S 1ft g 6s 1947 series A °i1%rn.9ount,e8 Gaa £ 44 San Angelo Telep 1st 5s 1958 F&a San Antanla G & E 5s 1949-M&S San Antonla Public Service— 92 73 73 66 90* 102* 15 Salt River v»i Water Users Assn 6s 1938-1943 F&A 84* 81 £ 99* 95* M&S J&J Salisbury & Spencer—See Na Oar Salmsn Rlv Powgu 5s '52 ap F&A 85 83* g suthern n ,1955 Colorado Power Co 97 21 74 St Louis Public Service— Conv 6% notes ext to '34—J&. St Louis Sprlngf & Peoria RR— 1st & ref gu g 5s '39 opt—J&E St Paul City Ry—See Twin City St Paul Gas Light— r 1958—A&O A F&A IIII 101* 85 68 98 Co Ltd— 85 60 86 95 87 «8r h!k & 90 55 84* 82 54 St Louis Co Gas 1st 5s 1951—.. St Louis Co (Mo) Water Co— 101 85 78* St Joseph Ry, Lt Heat & Power— 1st g 5s Nov 1 1937 ft " 101 81 *1 3®,1966 ser A A&O £ outhern Cities Pub Serv Co— °<>nv deb 6s 1949 M&N £ outhern Oitleo Utilities Co— 97* 84 105 Public Service Co of Nor 111— 1st & ref g 5s 1956 op '21—A&O 97 105* 101* 101* 101* 101 M&8 ' IIII 96 60 16 104* 4* 1961 M&S £ outh Calif Telep 1st M 5s 1947 £ -u.uoiu v>»_iaua Pr 90 39 85 66 78* . 1st & ref 5a 1957 1st & ref 80 k 13 104* -J&J J&J M&S J&D California Gas Corp— Collateral trust 5s 1937-.M&M £ outhern California Gas Co— 1st & ref 5*s 1952 ser B..M&S 100 67 39" 1952 g °"thern M&N Rome (Ga) Ry & L 5s '46—A&O Rome (N Y) Gas. Elec Lt & P 1st ref 5s 1946 104 99 1st ref 4*s 1958 ser A 62 66 68* / 94 Edison— ng 5s 93 53 77 Refunding 5s 1954.. Gen M 4*s May 1948—M&N 75 96 gi,B Nov 1939 gfftmd ng 5s i951 Refund Rutland Ry Lt & P 1st 5s'46.M&8 87 1st mtge 5s 1961 ser O. M&S First mtge 5a 1957 aer D.M&N 95* 56 37 94 90 94 103* 1* 50 M&N Public Service Co of N H— 1st & ref 5a 1956 ser A—M&N 1st & ref. 4*s 1957 ser B.A&O lct& ref 5e 1966 aeries O-M&N Public Service Co of Oklahoma— £ * 51 55* 104* 96* 90 B-JAJ ft. 1944.—Sb c 46 62 58* Corp. ser A-J&J 67* 18 97* 64 61 74 99* 93* 40 Public Service Co of Colorado— 1st & ref 6s 1953 series A—M&S 1st & ref 5 f 83 37 82 J&j 89*1 99* £ 102 59 5s 1936 guar—J&J k 103* A&O 60 k , 10 96 94 <5IE & T—See Pub Serv Pittsburgh Water Co— 1 105 100 Power Corp of Canada Ltd— Conv deb 4*8 1959 Ser B.M&8 Power Corp of N Y— 56 1 1943—J&D Bay Consol Water— 1st ref 5s 1950 M&N outh Carolina Power Co— Jst J en & ref 5s 1960 1960 84* 83 93 auth Jer Rochester Teler 38* °-Fj& 1951--"J&J fc 14 5 34* 76 72 Rochester & Syracuse RR— Plattsburg G & El 1st 5s 1939---. Pomerania Elec. 6s 1953 Portland (Me) Gas L 5s A '50 A&O Gen lien & ref 6s 1953 8°.. k i03 / >/ Potomac Edison Ca— "* S&J8** 1st lien & ref 5s 1957 - outh Ferry—See N Y Rvs 35 103* !IH 81* F&l B-V— Mt Wat & Pr 5s 1937—J&J omerset Un & Middlesex Ltgnow outh k 99* 1st mtge 5a 1956 aer B M&N 1st M 4*s 1961 aeries F—A&O Patomac El Pow 34 17* 97 95 Porto Rico Telep 6s 1944 J&D Postal Teleg & Cable 5o '53—J&J ser ^tge g 4s Dec 8* 94 I?* 1949 i outh 95 98 f Rio Grande Valley Gas Co- 74 1st & ref g 5s '40 opt '20—J&J 1st l'n & gen 4*s 1940 J&J Portland (Me) RR 3*s 1951.J&J 1st 1 & con m 5s 1945 m&N Porto Rican Power 6s 1950.M&N Porto Rican Rys Ltd 5s 1936M&N 85 85 101 70 Pittsburgh Trac—See Phila Co Pittsburgh Rvs—See Phila Cic Plainfield-Un Wat 5s A '61.M&M 6? 1st , Pittsburgh Suburban Water Serv M&S 80 83 !Sm ff f 1ouX Charleroi—See Phila Co 1st 1 & ref 5s 1958 97 46 80 1st coll tr g 4s 1952 JA Rio de Janeiro Tram Lt & P— 80 32* jfe lw9 MrlM B.V.V.JiJ 86* 75 92 101 35" 75 Power— 2d M 82 1st M 5s 1957. 32 92 70 77 48 60 115 ierra Pacific Power Co— 1st & ref 5s 1950 ser A...M&S Ierra & San Francisco Richmond (lnd) W W Ooi 100* 15* 51 1951—. A&O hreveport Rys 1st 5a, *33-44.J&J 39* ZX* 42 1936 62 Co. 66 hore Richmond (8 I) Lt & RR— W Phila Pass 2d 5s 1926— Ext at 6H% to 1956.M&N 1st 7% ) 61* ec Richland Public Service— Union Traction— Ter Cons 6s 1955 with rights.. 69 40 36* 6s 1953 with war.. 62 61 1st sink fund 6*s 1952—J&D Lighting Co— 30* 46* m 61 1st mtge 5s 38 Con 55 36 (Japan)— 30 54 50 Read _ IIII r 52" 20 & _ 60 18 Phil 4*s *67SerA A&O 1st col tr 4*s '68 aer B..M&b 1st coll tr 5a '70 ser O F&A 1st coll tr 4*s ser D '70.-A&O heboygan Elec—See East Wis El henango Val Water 5s 1956A&O hinyetsu Elec Pow 89* 78* */18* *f 18* > Certificates of deposit. Rhine-Ruhr Wat Serv 97 1944 II* , .wT" *»okoi at rowor <Jo— 1st M&cols f 68 Railway & Light Securities— 45 M&S J&J 1962 6s 25 65 —I 3 21 52 15 50 80* ) 107* Phila & Garretsford St Ry— 1st 5s 1955 F&A Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f— F&A 8 f guar 5s *62 opt r17 M&S 69 9 . 96* 88* 96 104* 67 13* S?bg.?89l9i4993aQPtlW4-^|S 58 81 95 Quebec Power Co— 98 104 79 Sa^e9ft^ioS--M4N JtliW^clDl1914--M*a 54 755 102 85 M&S Ci-t Nov 32.J&J If' A ref ^ 1W7 F&A 62 54 53 101 notes 1933 J&D15 1st & ref 5s 1967 ser A— F&A a! 61 ) 90 3 50 Water Serv- 4*% 100 70 1958 wn_wPg 34 5 62 102* 93* gold 32 32 70 90 80 75 Co— 1st 4*8 62 f Philadelphia Elec Power Co— 1st mtge 5*s 1972 F&A m r e 61 3 18 102* 93* 1st 94 Utilities Consol Corp— 70 1st 6s 100 ) JBt *£ £8D1946opt 1919 .M&8 VfLRy & Pr 1st 6S'43.J&D Slec £8 cranton Gas & J7 #DI '12-J&J Water 100* 100* 95* is Public 76 70 1st 5s 1927—A&O So Trac 1st & coll tr g 5s *50 A&O — 100* 1970. 103 70 Pitts Trac M 4s 1986 A&O 1st lien & ref m 4*s 1967 M&N 1st & ref 4s l971 J&A 1% 102* 55 A ser achenectady Railway Co— 102 ) lat & ref 4 1st ref 4s 70 Pitts & Birm Traction— Browasv Ave 5s 1926—-Jf&* Pitts & Charleroi 6s '34. -M&N PIttsb Rys 5s 1953 A&O 3d Ave Tr 1st 5s 1934 J&D United Trac 5s 1997 ctfs—J&J West End Trac con 5s '38-J&J Phila Elect 1st 5s 1966 A&O 20 102* 102* 32 So 83 80 51 f 5s 1955 s A&O k 100 Savannah Elec & Power Oa— 1st & ref 7*s 1941 ser 85 A..A&0 1st & ref 6s 1945 ser B 75 A&O Savannah Elec Co 5s 70 g '52 J&J Sayre (Pa) Elec 5a 85 1947.—A&O 72 40 J&D Alleg Belle & Per 5s 1935. A&O Ardmore Street 5s 1958.-A&O Central Trac 1st 5s 1929.-J&J Duquesne Lt 1st M 4*s'67A&0 1st M 4Ms 1957 M&S Duquesne Trac 1st 5s '30--J&J Fed St & P V 5s May 1 '42. J&J MlUv Bt & Sh 5s 1923. .-M&N Morn'side El St Ry 5s *35 A&O Pitts Alleg & M gen 5s '30 A&O 100 1953. J&J 1st 99 Philadelphia Company— Joaquin Light & Power— dauda Falls Co Ltd— 102 68 3 96 Sandusky Bay Bdge 6*s '42-J&J 34 39 37* 1 st 5M 945 out aft 101 n J&r> San Jose Water Wks 5s 39 72 89* Bridget Unif& ref 5s 1957 ser D—J&J San 38 87* Secured gold 5s 1987 111 Paterson Ry- 62 Bay Toil M sink fund 6*s *57.M&r. Deb s f 7s 1942 M&N San Joaquin Lt & Power Carp— Unlf & ref 6s 1952 ser B..M&8 79 1 87 F&A San Francisco 90 55 100* 100* Net callable 65 63* M&N 92 96* 108 ) M&I- con San Kran G & E 4*s 1933..M&N J 3 84 51 Sandusky Bay Bdgelst6*a'42J&J 91 _ 42 q iilt Bid Supply Co— MA* 74* 96* ) rClia Plalnf & Cent Jersey Ry1st g 5s Dec 1 1950 J& ) 98 100 2 defaulted bonds 96 91 Public Service Corp of N J— Trust certs 6% perpet M&a\ Peoples Tract. SeePhilaRT Peoria Water Works Co— 1st consol 4s 1948 Prior lien 5s 1948 73* J 76 74 73* J Pub Serv Corp of Long Islandlst 5s 1943 96 J&J */ s 2 s 103 39 and Bonds. Ask. 75 J 99 102 —J&J s J 93 79 "t' and income San Diego Water 100 100 99 96* 1979 Bid 96 98 Mutual Fuel Gas g 5s '47 M&N Peoples Light & Power Corp— 1941 Bonds. 109 99 100* lien 5*s Gonv deb 5s "and interest" except where marked * Oonsum Gas 1st g 5s '36—J&D lnd Nat G&O g 5s '36 gu.M&N 1st are 105* 53 106 77 77 78 83* 85 78 100 104 103 102 101 b Basis. lished on / This price Includes accrued interest, k Last sale. I la London, n Nominal. Montreal and Toronto Exchanges. 'Negotiability impaired by maturity. r Canadian price. $ Sale price, s Minimum price estab- PUBLIC UTILITY BONDS AND {JO where marked "f" and ■OTIOl.—All bond prices are "and Interest" except Bid Bonds. Light & Pow Do M 5s 1957 8er A J&A M 5f> 1957 ser B.—-—F&A Southwestern 1st 1st 67% Power & Light— 6s 2022 series A——M&S Deb g Southwestern Public Service lst M s f 6s 1945 set A Southwestern States Telep 1st M 6s 1948 Southwest Gas Co— 1st unOHs '37 with warr. 41 60% 60% 65 -J&J Wat 1st ref Spg Br'k Union Trac (Pnila) 4s 1952—J&J Union Water Service Oo— 52 A.M&N 66 1st lien 5Hs 1942 MAS 15 Unit Elec Oo of N J 4s '49-J&D 95 First lien 5Hb 1951 ser A&O FJA 63% 46 14% 15% 37 DcU 7s 1W0----A&O Suburban Gas Co of Phlladelphlh 1st s f g 5s Apr 1 52 op 07 A&O Super-Power Oo of 111 M. Stettin Pub 1968 4 Ha 70% s 69 70 102 A North17---M&N 1957 Tr lBtg5s g 5s 193Q, / 105% 1951-JAD JL&A 2d mtge Debenture 5s Deb 5s Tennessee 1952-------J&p 5s 1st A ref 70 81 75 85" United 78 AAO M k6s 1954--—MAN Terre Haute W W Corp 1st M 6s 1949 ser B——JAD 1st M 5s 1956 ser B F&A Texarkana W 1st 6s Texas Cities Gas 1st 5s 48-M&N Texas Elec Ry 6s 1947-——J«J Tex Trac 1st 5s 1937 opt.-J&J Texas Electric Service Co— 1M mtge 5a 1900 J" 70 80 73 : 1956--—-.—'AD opt—MAN : 100 k f / s (New York)—4s I960 opt aft 14 J&J iird Avenue Ry A Battery— 1932———J&D Dry Dock E Bway 1st 5s gold Electric Power (Japan)— 1st s f 7s 1955 ser A—M&81C ►kyo Elec Light Oo (Japan)-— 1st g 6s 1953 series J&D1 o dedo Edison 5s 1962--— MAN >1G E A H con 1st g 5s 35-AAO enton G A El g 5s 1949--M&& enton 8t Ry con g 6s 38.J&J 1-State Telep A Tel eg— 2 11 5 }JAN B——-MAN Un Tr (Alb) TrjPittsb)- 89 86 79 1st 5s I960—J&J 102 % 103 60 40 57 60% 96 102 % 40 100 99 101 100H 50% Cable 69 89 91" 2 56% 55% 59% 56% 59% 60 72 72 75 80 11* 105" - J&J 1st lien A ref 6s ser H1952 M&N Wisconsin Pow, Light A Heat— 90 1st A ref 6s 1946 JAD Wisconsin Public Service Oorp— 1st 1 A ref 6s 1952 ser A—-AAO 1st A ref 5 Hb 1958—i—JAJ 83 77 102 98 98 Wise Pub Service Oo— J&J 95 26 29 WIscon Rlv Pow 1st 5s 1941 MAN 81 26% Wise Val El 1st A ref 5s '42M&N 90 MAM 6% notes June 15 1933—JAD Wolverine Power 7s 1943 J&D 92 D ser Wthout 1st A ref 26 warrants Utilities Public Service Oo— Conv 6s 1933 JAD / 6%a ser A 1938-F&A M&S,, Debenture 7s 1948 M&S f Virginia Public Service Oo— 1st A ref 5Hs 1946 ser A..F&A s J&Dls ladkln River Pow 1st 6a 20 85 41.A&O Yonkers Ry—See Third Ave Rv. 98% 98% 86 York Rys 1st M g 5s '37 opt.JA D 71X 63 74 —J&J . Wyoming Vail P S 6s 1971—A&0 York (Pa) Gas 1st 5s 1941-MAN York Haven Wat&P 1st 6s 51 J&D 24 H 2X PUBLIC UTILITY STKS. i Par 76 Alabama 2 H 101 s AAO 101H 99% 4 3 Washington Gas A El Oo— 1st s f 5Hb 1947— 1st M 5 H* 1953 88 102 4 103 88H Power $7 pref 53 100 47 preferred (f) $5 preferred (t) Allegheny Traction—See Phlla Oo Amer Oltles Pow A Light cl A.25 54 60 56 41 43 58 83 37 h A&O City A Sub 5s g 1948 FAA Washington A Suburban Cos— Coll trust 5Hs 1941— M&S Washington Water Power Oo— 1st ref 5s 1939 op J&J 1st A gen 5s 1960 JAJ Waterbury Gas Light Oo— 1st mtge 4Hs 1958 MAN Waterloo Oed Falls A No Ry— lBt M s f g 5s 1940 op '15—JAJ Certificates of deposit Watert'n LAP—See No N Y Util. Waukesha Gas A Electric Oo— 1st 5s 1959 J&J Westchester Elec—See 3d Av Ry. 37 H 44 59 63 103 H Glass B— Common B 17 first preferred--. $0H first preferred Amer DlsTel of N J com 101 4 5 3 50 ..(t) - 88 2% 12% -—100 — (f) A Foreign Pow com 1 $7 Preferred $7 second pref series A $6 cum pref Warrants (t) (f) Amer 23 1 15* 18* 8 —— Preferred Amer Power & Light 33% -(f) $6 preferred _(t) Amer Gas A Pow $6 1st pref— (t) American Light A Traction 25 Amer Natural Gas com 97 %6 ( Amer Elec-Power $6 Dr 6% 92 X 32J 5j A( ( ( Amer Gas & Elec com.. 105 33 1 Amer Oommonwlths Pw com Preferred 58 FAA J&J 1st M 5a 1955 M&N 1st lien A ref 6s w w 1960-F&A Wash Ry A El g 4s 1951 J&D no •• 104% 30 H S0 J&J not 97 101H 98 I960—M&N d price per share 99" 99 Worcester a Conn Eastern Ry— 1st gf g4Ws 1943- 1 98 55 Deb s f 6s 1946 F&A Virginia Ry A Power— 1st A ref g 5s 1934 J&J Norf A Ports Tr 5s *36—J&D Washington Bait A Ann El— 1st M 5s Mar 1941 op—.MAS Otfs of deposit Negotiability impaired by maturity. 0 Baals, s Sale price. (t) No oar. 16 93 99 H 10-yrsecconv5Hsl942 .M&S. Vicksburg Bridge & Terminal— . B 3 / 1 *f 13 Pow ist on 19L4—J&D Va Elec A Pow 1st 5s 1955--A&O 5e. 1942— 1st mtge 5H* 1942 16H Anacost A Pot 5s 1949 88 MAN V j*D E ser 95 1956 Refunding 5s 1958 6s m 1936 ser B 34 ser 1st lien A ref 5s ser G 1961 95 J&D15 1949 Wash'n (D O) G L 5s 32 1st 1 A ref 5s I960 88 JUlgnt— 99 5s 1st A ref 6s series O 1952.M&S 83" <sc J&J Utilities Power A Light Corp— Deb g 6Ha 1947. JAD Deb 5s 1959 with warr F&A 5Hs 1st A ref 5s 1950 ser 53 82 90 77 1947 1st & ref 8s 1944 Wisconsin Power 80 J*J M&N A ref 7s AAO Gen 6s 1958 s. Gen 37 62 Virginia 58" 86 1st lien A ref 5s 1953 Gen 5s 1952 series E Conv deb 15 40 91 - 59 H 70H Utilities Service 6s 1953 f 1st A ref 5s June 15 '57-J&D15 1st M4H« 1901 J&J Wisconsin Minn Light A Power— 1st A ref 5s 1944 opt *19—MAN ~2~ H Utlca G A El ref A ext 5s '57.J&J Gen M 48 P 64 6s 1947-. ..AAO Wisconsin Michigan Power Oo— MAN M 5s 1944 F&A M 4Hs 1944-FAA 1st 1 A gen 98 1st M Phila Cor. 3ee Utica El A 28% Ry—Bee N * ttyb Rapid Transit Co—_ ref 6H® 1952—J&D Paul City By— cnt 5s 1937—--J&J16 Guaranteed — rln States Gas A Electric— 1st A ref 5s Oct 1953----AAO 1st 1 A ref 5 Hb 1945 Ser A.MAS rln States Natural Gas Ck>— Conv deb 6s 1933 F&A rrol Hydro-Elec Pow Co—1st M s f 7Hs 1955 MAM Guar • f 7s 1952 .FAA llgawa Elec Power (Japan)— 1st M s f 7s 1945 M&815 Ualt 5 99 H otreev 1st lien A Albany;— 98 99 * 4Hs 2004 J&D Albany Ry con M 5s g '30-J&J Gen g 5s 1947 J&D g J&J 84 101 1st g 5s 1952 opt 1919—JAD Wisconsin Hydro-Elec Oo— Utah Power A Llgnt Co— Deb 6s May 1 2022 83 % 61 26 1st M 5s 1954 ser A FAA Wisconsin Gas A Electric—• 50 M&N A.. A AO 75 *52 J&D Canadian price. 15 II* w* 83 85 1954 A&O Wisconsin Electric Power Oo— Ref M 6s 61 53 77 Winnipeg El Oo let ref 5s '35 JAJ 55 1st 1 A gen 51 89% 41 1st m 5s Aug 1952 ser A .-MAP Telep(Del)6s A 1948 A&O 11* 37 98 76 Wllltamsport Water Oo— 28 16 18 62 ^ rln City r 13 20 H Utah GasA Coke 1st 5s 1936-JAJ 2- 70H 70H Wheeling (W Va) Electric Oo— k 101H 1st M 5s 1941 opt MAN White Line St Ry 6s 1935 93"" Wichita Water 0s 1949—--MAS 81 1st M 5s 1950. ser B FAA 80 1st m 5s 1900 ser O MAN 13 1st 6s '42.M&S 22% 16% Boulevard g 5s 1945—JAJ 52 Union Ry 1st 5s g 1942-F&A 50 Westchester El 1st 6s g 43 J&J 35 Yonkers Ry 1st 6s 1946.-AAO oo NY Ry ilrty-fourth St Crows town-—Set NY Ry s 56% de WatS power lat 5. '79-F&A s 5BW St 13 1st coll 8s 1934 47% 37—J&J Sou d '42—JAD / Utah Lt A Tr 1st 5s 1944 22 66 86 Whatcom Oo RyALt 5s '35.MAN 33H 77 W* Westphalia United El Pr (Germ) 1st M s f 6s 1953 JAJ 14 "3 76 76 Western Utilities Corp— 1st coll tr s f 5Hs 1948._-J&D ~2 76k 75 53 % 85 Mut Uu6s ext at 5%to'41.M&N Northw'n Tel 4Hs 1934 JAJ 1 - * 15« Falls Pow & El 5s A 1 United Wat G A E 5s 1941 Unterelbe Power & Light Co—. j S f M 6s 1953 A&O 80 Util. 6s 1945— Texas-Louisiana Power Oo— 1st 6s 1946 series A—-—-J AJ / f 1st 5H« I960 series B—;MAS/ S f deb 6s ser A 1942 —MAS / Texas Pow Corp 6s 1956—M&S General 6J^s 1956—----M&S Texas Bow A Lt 1st 5s 1937 -J&D Deb g 6s 2022 ser A JAJ 1st A ref 5s iuou-IBv ol rei o» 1956— — irner !2h 12 H Troy City Rv 5s g 1942. -A&O 95 Texas Gas SHs 1942 1st M 5s 1942 ser oy City Ry—See 28 26 M&N Con 78 52% - 11 United Tel A Tel 5 Ha A1953 1st lien 6s ser B 1953 Uuiceu Traction 81 77M 72 1st con .ho 27 11 Eq 7Ha Feb 16 1936 —F&A U United Rys of St Louis— Gen g 48 July 1 1934 JAJ City A Sub Pub Serv 5b *«4. JA i 80 60 5s 1962 ref g Adj lnc g 5s Jan 1960 Third Ave BR 1st 5s g 26 24 United Railways of Havana 1st A ref 5s 1970---— Ternl Hydro Elec 6H» 1953--— Terre Haute Traction A Light— 1st El Ro Lake 39 38 36% M&S F&A / 1953 No Bait Div 1st 5s ■ Public Service— " Cent Ry ext and Imp 5s..1932 Extended to 1934 at 6 % M&S 100 -— 49 Teleg coll tr 6a 1938-JAJ Pdg A R E M 4Hs g '50—MAN 6Hs Aug 1 1936 FAA 25-year g 5s 1951 J&D 30-year 5s Mar 1 1960 M&S 2 Baltimore Traction Oo— ovt. 1943—— -PAA 1955 ---MAN Electric Power— A ref 6s 1947 ser A—JAD Tenn Pow gu 7 } Income g 4s 1949 op '29—J&D lnc funding g 5s 1936 J&D Bait Sparrows Pt A Ohes— 4Hs 82 H West Un 2 11 gu 63 / 1st 1 coll 6s 1948 ser 1st 5a series B 1957 27 g 64 M&N United Corp— s f 6Hs 1955 JAD Western United Gas A Elec Oo— 1st 5 Ha 1955 Rpr A .TAD 86 AAO 1st 63 MAN J&J Western 78 B—.A&O 84 68 A—-FAA 1st lien 6s series B 1950 A&O 2-yr 6% notes Feb 15 '33-FAA f Western Puolic Service Oo— 1st A ref 5H" I960 -FAA Western States Util 6s A '45-AAO 47 83 H 1st lien 5Hs 1947 ser 3 81 54% 75 1st lien 6s 1947 ser O 87 1st M 5s Ref m 6s Tennessee —- 83 J&J Co A&O 51% Coll tr Unit Rys A Elec (Baltimore) 1st consol g 4s 1949 M&b 1st con M 6s 1949 M&S sivr* 107 J&D 1958.— Eastern Elec 75 53 % 45 FAA 6Hs 1933 with warr 104 3 1 / / Tenesssee 1st 75" 98 Pow.—See Foreign U Tampa Electric Go— 1st M g 5s 1933 s f oo.-JAD Telephone Bond A Share Co- Taiwan Elec ZR* 70 48" 75 '52-—AAO 1973 J&J United Power A Light (Kansas)— 1st mtge 5s 1947 ser B FAA 1st 6s series A 1944 J&J United Public Service Oo— Coll tr 6s 1942 ser A AAO 102 1946-MAS Tacony-Palmyra Bridge— 47 % 51% 73 % M&N 1959—A&O MAN 7Hs 1937—A&O _ United Pub Util 6s 1947 A—A&O series B 6a 51H 1975 1st lien & cons 85 102 k 19§8-][|£ Syrac Rap 6Ha 1974— United Lt A Rys 0* A Deb g 5 Ha1952— 105 5 SuburbanLt A Pow 6s Sweetwater Water 5 % s-52 - -A&O Syracuse Gas g 08 1946-----JAJ Syracuse Lighting 5s g 1st A ref 5Hs 1954 United Light A Power Co Deb g 6s s AAO Western Pow (Can) 5s 1949--J&J Western P L A Telep— 101 1st 1 & consol 5 His 64 f 6Hb'37 1st 5s series B 1950 Conv deb 6s 1935 100 F&A 1940 1 s 1st M 5s 1951 73 H Deb 6s MAS Syracuse Lake Shore 1st M g 5s 47 opt 40 103 -M&b - hif 1970 23 12 Feb 4s 1st Deb g f f 55 48 United Elec Serv (Italy) Extl 1st s f 7b 1956 ser A—JAD k Without warrants United Ilium Oo New Haven 16% 17% 22 9 1948—F&A J&D 70 97 Gen ref M 4s Jan 1951 ser B— 45 1957 .—-—-F&A Standard Public Servk* Ooro- 1st 48 49 94 with war.JAD West Va-Ohio River Bridge— 1st M 6Hs 1952 JAJ / 12 Western Mass Cos— 99% 4H% notes Sept 15 '34-M&S15 99% 5% notes 1937 A&O 102% Western N Y Utilities 5s '40-J&D Western N Y Water Oo— 66% 1st M 5Ha 1950 MAN 1st United Elec Rys (Providence) Gen ref M 5s Jan 1951 ser A 62 62 Deb g 6s 1st M ' il* 48 6s 1966-JAD 0% conv notes 1935A&u Standard Power A L Corp— Debenture l.tlcoltr5H«'43serA-MAN 6s 1938-—---MAN West Texas Utilities Oo— 1st M 5s 1957 ser A West Virginia Gas Oo— Union Water Wks Oo— 82 61 Rv 104% 1st M 5s 1956 series 12 92 Ave Third Rv—See Union 104 % M&S G—J&D 1st M 4s 1961 ser H J&J West Penn Tr 1st 5s 1960--J&D W Phlla Pass Ry—See Phila R T. 80" UnionPubServ(Minn)5sA'58J&D 45 Conv dob f 19% io lst lien 6s series A 1st lien 0s 1940 ser B Standard Telephone Oo— 1H 1H Union Gas Util6Hs A w w 1937— 31 ttlec ol Delaware 6% g notes 1935. Debenture 6s 1951 W Elev 102 A.M&S 1st M 5s '40 op '21 ser 1st M 5s 1963 series E 103 % 102% 63 H s West Penn Power— — J&J 17% , West End St Ry—See Boston El West PennElec.deb5s2030.AAO 95 94% s M&N 1957 4%s 1st g 5Hs 1954 ser A Union Kiev RR—See N 68 80 Standard Gas A 99% 100H 29 M&S 5s '65 .A&O oDringlXOia Aeiluiuai "j 98% 100 Without warrants Do-— 103 % 1967 ser B—E&A 1957 A&O 5s Union Elec LA Pow of Illinois Oo~- u. Gen 40 % s 102 % Genl mtge 5s General Southwestern Natural Gas (Jo¬ int s f 6s 1945-—------M&N Southwestern 66 104 Westchester Lt 1st g 5s '50—J&D Union El Lt A Pow Oo of St L— Gen 5s series A 1954 J&D 68 % 62 s Bid Bonds and Stocks. Ask. Bid. Bonds. Ask. STOCKS income and defaolted bonds k 26 —(f) com— 82 2 19% 9* 24* 21H 4 $6 preferred S5 pref ser A ... .... .... ... 97 woof f Flat price. k Last sale. I In London. n Nominal. JUNE, 1933.] PUBLIC UTILITY STOCKS NOTICE.—All bond prlooi Stocks. Bid. Par. Amer Public Service 7% pref-100 Amer States Sec. com A —(t) d Amer States Pub Serv A ..—(t) $6 preferred ——Si) Amer Superpower Corp com —(t) First $3 preferred...... (t) Preferred $6 series-.-.. (t) American Telep A Teleg 100 % (t) S6 1st preferred --(t) Appalachian El Pow 7% pref.100 U.1UU Appalachian Gas Corp com d 4K 75 27 23 65% 76% 67 78% % =8 2 % 3 (t) .....10 W 3 4% Arkan A Me Pew 7% pref 100 Arkansas Pew A Lt $7 pref— 1 Associated Gas A Elec com— 1 Common class A (t) 42 3 A** 40 42% IK IK Original preferred... 14 preferred........ $5 preferred—...... 2 2 "4% 2% 7% pref__ d 6% W 24% 6% Si* 78 20 80 ik 54% 65" (t) d 16% 17 ~8% 16" 42% 44 36 40 55 48 2 11% 6 12% 7i" 24 10 58 65 33% Corp......! ~3% ■3% d 6% conv pref 100 16 opt conv pref (ser 1929) _.(t) Central States Pow A L $7 pf (t) Cent Vermont Pub Ser 16 pr—(t) Ches A Poto Tele of Bait pref.100 Chic City A Con com part ctfs.(t) 4 6 70 ....(no par) 75 1 2% 2 Chic Dist Elec Generat 16 pref (t) Chicago Bys partlc ctfs series 1— 4 58 60 1 % .... % n 80 20 Preferred 100 18% r. 74 85" 83 n^r ®,,8 '2r ordlnary stock rice Corp 65 E*ec £^Pint£wn, 3 com A preferred (T) -"({) n % com purch war)(t) Georgia Power 56 preferred., (i) m*?—See PhUa RT Gold A Stock Green A 42 (t) "Utfirtlm $7pfdZZ(t) ^ 97% Telep (guar) Coates—See Phlla Ys 41% 14 1% 41 RT* 40 48 49 42 60 SSiSS S1*0"10 L,"° Hartford Gas com 53 Preferred.. 53 61 % 108 103 99% 55 11 82% warrants_..(t) 83 86 68 70 _ _ " loo 6%pr°ef0errre7d%Prer- ^ loSSnt toXo^p.- >'"-100 6% 65 59" preferred.. 176 Ji?D «Llght 92" Class A warrants. 46 76 63% 8% 45" 8% Street Ry Co.—.100 7% pref-100 J roritrutt ctn-.ioo atAHydro"E1 8yst A 25 Conv pref $3.50 (t> ~ jqq Securities com", (t) 56 preferred.. Hs International Ry v t cr"7"l00 International Telep A Telair"" (t) Internationa! UtUltles A .„..(}! % 14% $ wafrriIHZZ(t) Warrants Interstate Power pref 17 Iowa Southern Utfl, 7% 8 4% % % —.. 86 50 ~2% ~2% 19 3% 3% 149 % 78 64% 5%% preferred Kansas City Power A LIgh't" 1st pref 56 series B Kansas City Pub Serv com Preferred Kansas E let Pow 7 %"pref 100 58 (t) 100 (t) /+( ".".100 SSS!ni2Vr?i.5Iec pref Pref-100 Kentucky Utilities, ?%, 100 UH 44% 8% 8 8% 19% 18 4 91 111 1) 48' o% preferred.. 3 60 ItDeSenK;SCOmm°nA(t) 55" d r "< tT pref.VlOO TeJephone preference 60 d Kings Co Ltg 7% pref 100 5% preferred joO Laclede Gas Light .1 "lOO Preferred I ioo Lake Sup Dist Pow 7% prefZZlOO Lexington Utilities 6%% pf..i00 Lincoln Telep A Teleg com 100 Lone Star Gas Corp..... Preferred Long Island Lighting .... r 88 63 52 50 54 75 8% (+) (t) 63 7% preferred...——......100 Empire A Bay State Teleg..—100 37 42 6% preferred ioo Empire District Elec 6% pf Los Angeles G A B 100 15 19 Corp. pref.100 Empire Gas A Fuel Co pf 8%.100 Louisiana Power A Light 50 pf (t) Preferred 7% 100 25" 22% Loulsv Gas A Elec com cl A—(t) d%% preferred—; 100 Louisville Railway Co 100 6% preferred 100 19% Preferred —.100 Empire Power Corp partlc itk.( rtlc stk.(t) 15 Lowell Electric Light....... 25 56 preferred 41 Lynn Gas A Elec Oo ——-(f) 25 Empire Pub. Serv. oom i. Mackay Companies pref A—.(f) 100 Engineers Pub Serv com n 15" Manhattan Elev Ry (N Y) (t) 100 55 conv pref (t) Modified guarantee 34% 100 55% pref (with warrants)..(t) 32 35 Marconi Int Marine Communi. 56 preferred 30 40 (t) American deposit receipts Erie Lighting pref.—...(no pan Marconi Wlrel (Canada)....—l Essex A Hudson Gas .....100 145 Marconi Wireless Telegraph Ltd European Elec class A. 4 Am dep rets for bearer shs Debenture rights Market St Ry (San % Francisco).100 Falrm't Pk A Hadd Pass By—See PhiiaR T. Preferred —.—100 Fall River Elec Light..... 25 d 28 32 Prior preferred... ...100 Fall River Gas Works 26 .....25 29 Second preferred 100 Federal Light* Tr com 15 Mass Power A Light Associat'n— UK A* Preferred ($6) ft) 46 50 Common with warrants—.. FedStAPleasantVal—SeePhiiaCo Common without warrants Preferred. ........... not per cent, k Last sale. I In London, n Nominal, Toronto Exchange, t Without par value. % 70 75 40 Z"Zl00 com ▼ t c (t) 5% conv partlc preferred—.60 17% 55 (guar)..100 Preferred Internat Power ..... —... or |7 7K series"771165 Internat <^Jean Tele8 Power com 57 preferred ex 95c. 148 100 Eighth Ave BB—See N Y Bys Electrical Securities, 5% 50 pref.100 Electric Bond A Share (t) 24% 56 preferred 50% (f) 55 preferred 42 (f) Elec Power Association 8 1 Class A full paid 1 7% Elec Power A Light Corp (t) d 8% Second pref (17) ser A (t) d 19% 56 cum pref. (f) I 17% a Purchaser also pays accrued dividend, d Price per share, Ex-dividend, s Minimum price established on Montreal 10% ]00 Warrants Mass Utilities Associates * 25 D'UU]eVa%prin00 68 35c. —.(*) dk 17 (+) d 17 3 (t) d 60 24 36 ... 100 10u pref—I W0S,rSSi?.Lt- 8™::§ 68 d ... SSS1? &Power PhllaRT Holyoke Water F—See 75 com(B)(t) Optional warrants El Paso Electric Co (Del) Preferred series A 7%.. 25 Stock purchase warrants Hudson County Gas 79% 100 100 t "fon Light. 20 41 (t) Adjustment stock 100 * Eastern Michigan Rys (t) a Eastern N J Pow 6% cum preflOO East Shore Pub Serv 6)4 % pf (t) d Eastern Shore G A El 8% pf.25 d East Kootenav Pow Ltd Edison Elec Blum (Boston) Preferred Haverhill Elec 90 100 —100 $6 preferred series B. Eastern Utll Assoc com Conv stock o*. or . Havana Elec Ry cem.— Houston Natural Gas 90 176 25c. 93 ........ Eastern States Pew Cor Hackensack Wat»7——— " 2P Preferred —Sfi Hamilton Gas common v t c (t) 63 Duquesne Gas Corp oom (f) d Duquesne Light—See Phlla Co— Eastern Gas A Fuel Assoc's— Common .......(t) 6% preferred ——.100 4%% prior preferred 100 Eastern Mass St By com.....100 First preferred stamped 100 57 pref without (f) (t) dorp—. Elec 31 % (t) .100 Derby Gas A Elec $7 pref- Edison Duke Power. (t) A $6 conv pref ser B Gen Italian Edison 1 ... 7 % preferred 100 8% cum pref (Without warr).100 Cine New A 10 ... % 16X Transp— 100 Gov Lt A Trac...100 Denver Tramway com... Preferred Detroit 12 —111 coaY Pref 70 37 - (t) Gas 41 (t) Preferred class A 8% 36 33% 95 V(t) 40 1 Preferred B stock 45 100 102 Central Illinois Light 0% pf—100 69 Cent 111 Pub Serv pref—(no par) d 22 Cent Indiana Power 7% pref-100 8 Central Maine Pew 8% pref.. 100 54 7% preferred 100 62 Cent Miss Val Elec Prop pref_100 Central Pow A Light 7% pref.100 Cent Pub Serv (Del)— Preferred (t) Cent A 8 W Utll com (t) 17 preferred (f) Cincinnati 2% % 56" 100 100 Dallas Power A Light 7 % pref 100 Dayton Power A Light 6%prefl00 80 6% preferred h- Preferred Cuban Telephone com... Preferred Cunningham Nat Gas cl A Central Gas A El Co %Q% pref.(t) d Chicago Bap Tr an "romZZZZZlOO Certificates of deposit— Prior preferred A —.100 7.2% prior pref ser B 100 Chris A 10th Sts BR—See NY Bys Cincinnati Gas A Electric pref 100 Cincinnati Car Co class B —...(t) $5 preferred Continental Gas A Elec com., (f) 7% prior preferred 100 Oontlnen Pass By—See Phlla B T 18 35% «• Series 2 Scsricss 3 100 (+) ...... Cumberland Oo(Me)P A Lt pf 100 —.....100 Pref partlc ctfs Ctfs of deposit Consumers Gas (Toronto) 100 Consumers Pr (Maine) pf 8%-100 preferred 20 7%———(f) m% Class B v t c (f) d Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phlla Co (no par) .— 70% 41 cum 8.6% 26 41 A Light— 28 Calif Water Serv pref 100 Can Hydro-El Corp 6% 1st pf 100 Canada Nor Pow com (t) r Preferred —.100 r Capital Trac (Wash, D O) 100 Carolina Pow A Light t7 pref (+) d t6 preferred (f) d Cent Arkan Pub Serv Corp pf 100 15 30 32 68 72 j 3% 32H 37 (t) Gen Gas A Elec (Del) com A Common class B Preferred class A 79" pref series D 106 100 5%% preferred series E 100 100 5% preferred series A——100 98% Consolidated Gas (N Y) com..(f) d 54% $5 preferred (f) d 89% Oonsol Gas Utll class A ft) 6 Bklyn A Queens Transit com_(t) Preferred (t) Brooklyn Union Gas. (no par) Buff Niagara A East Pew prer.25 S5 first pref —(f) Cable & Wireless, Ltd Amer dep rec 7 H % A ord £1 Amer dep rec B ord. £1 Amer deposit rets 5 %% pref £1 Calif-Oregon Pow 7% pref—100 6% preferred series or 1927-100 Warrants (f) (f) d Connecticut By A Lighting 100 Preferred —100 Cons Gas E L A P (Balt)_ (no par) d pref-.100 B'way A 7th Av BR—See N Y Bys Brockton Gas Light Co v t o—25 Bklyn-Manhat Transit—(no par) Elec 100 =f & Elec-Light... t—50 Florida Power A Lt 57 pref FrankTdAS thwark—seePhilaRT Franklini Telegraph (guar) 100 Bergen County.100 General Electric Co Ltd— Amer dep rets 76" First preferred 6% 100 Ser com.. 1 Connecticut Elec Serv com—_(t) d Connecticut Power ..25 Bread River Power 7% Central States Co 3K 5% 5% _ <+as A Elec of 63 100 $6 pref Community Power it 17 prior pref 35 26 Community Water ... t c B 6% % Com'wealth Utilities cl B ... com v ser , —......— Cent Hud G A E 21 StcS)U5,g Ga» Bid. Par. com A fweignLlght A Power units.. (|) 4gd StA Grand St—See N Y Rys 7% Commonwealth-Edison Bangor Hydro Elec com .2 7% preferred... 100 6% preferred -——100 Baton Rouge Elec Co $0 pf-.-(t) Beauharnois Power A (t) Bell Telephone (Canada)——.100 Bell Telep of Pa 6K% of 100 Birmingham Elec t7 pref (t) t6 preferred ...—(t) Birmingham Gas t6 pref——(f) Blackstone Val Gas A E pref—50 Bleeck St A Ful Fy—See N Y Bys Blue Ridge Corp —1 S3 conv preferred —(f) Bsston Elevated BB com..—100 Brazilian Tr Lt A Pow ord——(t) Bridgeport Gas Light (f) Bridgeport Hydraulic Os Hydra 2(J Brit Col Pow Corp 25 24 7% preferred 100 Columbus Ry PAL 1st pf A 6 % 100 Com'wealth Pr Corp 6% pf—100 d Commonwealth A Sou Corp comf Optional warrants d $7 first pref It Associated Telep Utll com A.. ( S3 pref with war.. ( 37 pref ( Atlantic City Elec, t6 pref ( Class B 20 10 Preferred —.100 20 Oleve Elec Ilium common (t) 29% 6% preferred .—..100 101 % Cleveland Railway —.100 Certificates of deposit 32" Coast Co Gas A El 1st pref...100 65 Oolum G A El Corp (Del) com (t) d 18 6% preferred series A......100 .71 5% preferred series B 100 55 5% conv preferred 100 96% Columbus Delaware A Marlon „ AssoclatedTelp A Teleg (56)pref( 29% 2K 2% 7 ( ^preferred 29 % 7 warrants Associated Pub Utilities com _(" 6 6 Citizens Traction—See PhUa Co. City Ry (Dayton. Ohio) —100 Preferred Option Preferred series A 60 4 6% preferred-..— 7 preferred 18 int bear allot ctfs. 5 6 Stocks. Water Service $6% preferred 57 preferred A* 62 ..... 3 4 4 ifl preferred.....—. Ask. 8% — §5 1 Bid Cities Serv Pr A Lt $6 pf (t) 7% preferred 100 Citizens Gas (Indlanap) com..25 d Preferred 100 Citizens' Pass Ry—See Phil R T. 1172 23 17 conv pref ser A d Arizona Edison 6%% pref d Arizona Power 7% pref——100 - Cities Service com.. 38 117Y* 26 % Par. ..50 50 t Preferred 100 Preferred B._......... 10 Preferred BB —100 2 15 jk Com voting trust ctfs Preferred Stocks. Cincinnati Street By Olncln A Suburb Bell Telep —. 68 37 Amer Wat Wks & Elec com—(t) Arkansas Natural Gas Corp Class A com Ask. 5 81 "and Interest" exoept whore marked 'T'and Income and defaulted bond*. art Canadian price, 10% 75 64 86 59 18l 2 50 93 19 14% 20 6% 1% 1% % 6% 1 1% 50c. 19 "1% 22 t Sale price PUBLIC UTILITY STOCKS 83 Far Stock*. Bid. 4% Memphis Natural Gas (f) Memphis Pow ft Lt, 7 % pf.no par Metropolitan Edison Co— B (t) $7 preferred series B .... locum .Tr. « Midland — 2* d n.lA* 1tftil 7 % prior llen-.VlOO ttxii 1mm 75 63 1921—....100 1892-1897. . 100 60 47 r d (f) A—....100 100 —100 "stamped 100 100 66 13 15 34 Warrants B Penna Gas A Elec Corp 87 12 ViK 1 5 15 95 98" 57% 62 143 593 li» 92 9 94 15 40 45 Phila R T Philadelphia Elec Co 85 pref.. 96 Phila A Grays—See (f) 47% Preferred N Y A Richmond Gas N Y Steam Co com Niagara A Hudson Option warrants pref Pow 79 61 30 74% 83% 2% Light A Pow. _,—(■{• Light preferred—..— Not Amer Utility See—Com list preferred Mfcrt.h Amer North Amer Preferred North Continent Util com 1 AA 0% preferred —100 i'% preferred-------------100 Nor Indiana Pub Sop 0% P'"-]™ >referred -100 preferred...———..100 Northern N Y Util pre/——-100 N«»r Ontario Power Co 6% pref 100 Nur States Power (Del) com.. 100 7% preferred 100 0% preferred.... ..100 100 Ottawa Traction Pacific A Atlantic Tel (gu) Pacific Gas A Electric preferred (6%) First preferred (5)4%) First 100 25 .—25 25 25 * Southwest Gas Util com—._( 52 6 57 Southwestern Lt A Pr com 15 7 105 10 % 2Vs 26% .214 42 66 . tl* it* _ 3* 2H I* 14 17 69 71 100 39 42 65 57 105 42 72% 80% 79 53 % 50 "7" 71 2 9 25% 22% 23% 5 12 25 23^t 23% 75 75 76 45 50 70 7% 23d Street—See N Y Railways Twin City Rapid Transit (t) 35 39 37 Union E L A P 2% 10 12 (III) 0% pf —100 88 93 99 Un El L A Pow (Mo) 0% pf—100 14 66 98 100 (t) 103 7% preferred Union Gas (Canada) 105 „ 4% 4% Union Pass—See Phila R T IF II* 18 17 71 61 56 60 82 United Gas Corp com 7 pref series A 51% 125 102 104% 92% (1) —(f) United Gas A Impt (t)[dl 19 vot 85 cum pref (non-vot) (■ )!« 92! United 111 Co of New Haven.. ( 23 18 , arrant*, 116 §¥A 78 (t) f3 cumulative preferred Tarrant* United Gas A Elec(Conn)pref 100 United Gas A El of NJ 5% pf-100 85 50% 6 Union St Ry (New Bedford)—100| Union Traction—See Phila R T United Corp (t) 12 45 67 58 ) United Lt A Pr com A... ( ) Common B— ...——.(+) United Pub Serv com 80 89 0% cum. 1st 145 pref.. d 94 97 (t) d 40 43 20 21% United Pub Util 86 pref (t) \& United Rys A El (Bait) cam—.50 36"" 37" Utah Power A Light— 87 64 76% Utlca Gas A Electric 7% pref 100 50 Utilities Power A Lt 01A 43 15 27 46 Class B ctfs. 17 28 w* 67 16% 71 36 8% 36% 20% 21 834 6%_cumjpref B (t) Rap Tran St Ry—See P 8 Corp Republic Gas com (f) - Ridge Ave Pass—See Phila R T Rochester G A E 7% pref fi—100 6% preferred series O 100 0% preferred series D 100 Roch Telep 80)4 Pref 100 Rocky Mtn Motor com A 25 d 23" ,. 84 Preferred 100 100 50 77 77 mm mm 25c. mm 85 66 70 29 Corp..—100 30 -- 100 71 Telegraph 7% cum preferred 100 d 100 100 0% cum pref West Penn Power 7 % 16c" 77% 82% Winnipeg Elec Co 77 60 27 85 70 33 92 Preferred 100 d Wisconsin Power ALight 0%pflOO 7% preferred 100 Wisconsin Pub Ser Corp7%pflOO Wisconsin Telep 7% pref 100 43^ 54 62 53 90 100% 44 68% 64 54 92 West Phila Pass—See Phila R T. 9 0% preferred Serv d 325 81 J 82% Water pref.100 --— 260 100 West Penn Elec Co Class A— (t) mm d Massachusetts Cos..(t) d Western Union 96 80% 25c. 100 Western Power Preferred 89 75 80 .—(t)ld 50 Washington (D O) Gas 20 Washington Gas A Elec 7% pflOO Western 8 100 ill Wash Bait A Annapolis Preferred 1 100 Washington Wat Pow 6% pf—(t) 38 75 93 ..... Wash (D O) Ry A El csm 15 22 — 7% cumul pref Virginia Elec A Power 86 preferred Virginia Pub Serv 7% pref 6% preferred ..... % % Rhlne-Westph Elec Pow Amershs d Rhode Isl Pub Serv pref (t) d Class A <t) d 1^1 (t) 87 preferred 60 (f) pf A 7% 1 7% prior preferred ——100 6% prror preferred 100 Savannah El A P#w 0% pref.100 Scranton Electric 86 pref (f) Seaboard Public Service Co— 83.25 conv pref with warr.. $6 M,,- 47 100 (t) ... preferred 72% Power common (T) Borough GasAE16%pfl00 adio Corp of Amer (t) 7% cum pref A 50 d Price per share, not per cent, Minimum price established on Montreal or Toronto Stock i% 100 Preferred 100 IF 50% 10 Preferred San Joaq L A Pow 88 56% 7.2% 1st preferred.. 1001 1st preferred (0%) 100] 5% cum 1st preferred 100 Texas Power A Light 7% pref.100 Third Avenue Ry (N Y) 100 Toledo-Edison prer A (7%)—100 0% preferred.. 100 5% preferred 100 Trl-State Telep A Teleg— (t) 21 70 0% preferred 1 7% preferred — 100 Public Service of Okla 7 % pref 100 Pub 26 (t) Tennessee El Pow 1st pf (7%) 100 19 —(f) — 30 (t) » Tampa Elec Co 20 pref—100 100 Preferred series A mid 50 13 22 80 preferred 7 % prior preferred Public 8ervice Co •f Nor Hl.-(t) St Louis — __ Syracuse Ltg 0% preferred—100 6%% preferred 100 8% preferred 100 100 Preferred St Louis County vtc_. 19 ueens 18 Serv 18 uebec 20 ... Pub 14 45 Rapid Transit St Ry Co...100 A Elec Trac..100 50 53 14 Preferred 11 So Jersey Gas 39% 65% h IT4 5* Class A parttc stock (f) d Sub R T St Ry—See Phila Co f Swiss American Elec pref 100 55 8% preferred 100; 7% preferred... — ...100 6% preferred —.100 85 preferred (t)| Consolidated Trac of N J—100 35% 61% 39% it) d 20 Public Serv Corp of N J—(no par) 46 13" 37 (t).a 16 93 100 0% preferred Puget Sd Pr A Lt 86 pref 85 preferred. 26 com—-(t) d Lt Standard Corp of Canada com__(t) Public Serv of Ind 07 pref... 41 A Class B 35 100 Pub Serv El A G 85 pref 31 Standard Pow sF pref.100 pref..100 5% preferred cum cum 30 A Cable 7% pf.100 Public Serv of Colo 7 % 23 12% 77 Public Serv. Co. of N.H. 80 pi-(t) 115 ~3 55 27 27 (t)'d (t) " prior pref preferred J0 prior pref 100 % 4% 100 6% preferred 95% 7 4 29" 26 26 Standard Gas A Elec com (no par) 25 Providence Gas (free stock) Certificates of deposit 16" Sprlngf (Mass) St Ry Cos pf-_100 Spring Valley Co Ltd 20 12 48% 21* 48 25 Free stock 40 115 —( .....( Springfield Gas A Elec pref Springfield (Mass.) G L Co vtc 2 Preferred 96 119* ._ 113 47 A—( Common class B 10 50 60 100 Portland Gas A Coke, 7% pf—100 Preferred oPurchaser also pays accrued dividend, a;Ex-dividend. 34" R T 5)4% preferred Northwest Electric 6% pref—100 18 Preferred 7 % 100 104 Northwest Bell Telep 0%s pf.100 41% Northwestern Teleg (guar) 60 Ohio Bell Telep pref 100 d 70% Ohio Edison $6 pref (t) 07 preferred (T) d I 78 Ohio Power 6% pref 100 50% Ohio Public Serv pref A (7%)-100 45% 6% preferred .100 Ohio River Edison 7 % pref 100 Ohio Valley Gas common (f) d II— 71 Oklahoma Gas A Elec 7% pf—100 6 OklaNat Gas Corp 6%% Df—100 Omaha A Council Bluffs Railway 5 A Bridge 4 % cum pref 100 Ottawa Light Heat A Paw 100 Preferred 30% 62 106* d preferred 86% Preferred Power 1(6 (t 100 100 Southwestern Bell Telep pref. 100 Southwestern Gas A El 7% pf.100 Phils A Western Ry com Potomac Elec Pow 6% 7. A 10 Potomac Edison Co 6% ~ warrants B Co com . ....(t) 6% preferred 50 Nurth Amer Edison S6 pref..(t Jk* 50| Postal Teleg 42% 57 48 Porto Rico Telep com 105 70 55 100 7% preferred Southern Nat Gas Corp (t) Southern New Eng Telep 100 So Jer G El A Tr—See P 8 Corp. d Southwest Gas Util com 42 Piedmont A Northern Ry (t) (t) dlOOH 87 % (t) 100 dll4% .10 15 68 99 A* 50 50 66 50 Phila Traction—See Phila 82 A* 12 54 4 78 40 68 95 25% South A Atlan Teleg (guar) 25 Southern Indiana G A E 0%pf 100 83% 7534 66 City Pass Ry (822 H pd)50 Ry 50 Phil A Gray's Fy (825 pd)—50 Philadelphia Traction 50 Ridge Ave Pass (828 pd) 50 2d A 3d Sts Ry guar 50 13th A 15th Sts Pass Ry 50 Union Pass (830 5-0 pd). ...50 Union Traction (817)4 Pd)._60 61 100 Option Ltg Prop cam 73 Phila A Darby Pass 1 ..100 100 North American N'tir Boat 82 Phila 15 28 6 % pref 100 S7 preferred ser A S6 dividend pref— N Y Telephone fl%% 17" -.25 Corp 86% pref—(t) Co 0% pref 25 Power———(t) Preferred 100 Southern Col Pow com A 25 Preferred —100 68 com——.50! Preferred (J ' El L A P— 64 50 A Ooates Sts (815 pd)-50 Hestonville M A F Green 15 iuu Twenty-third St guar 16% 26 25 Southern Canada 8 German town Passenger 15 (t) Perry.100 B'way A 7th Ave guar 100 Christopher A Tenth Sts 100 Eighth Avenue 100 N Y A Queens 20% Sou Calif Gas 42 d West Phila Pass guar Ferry i 13% Warrants South Calif Edison common...25 73 6 8% pref——2 Philadelphia Rapid Transit 60 7% preferred 50 Citizens Passenger guar—..50! Continen Pass Ry (829 pd)—50 Falrm't Pk A Hadding'n 50 Frandf'd A Southwark Pass.50 oP 30 ~ 42d St A Grand St Sixth Avenue old 22% 19% 75 Participating preferred——(t) 39% Phila Elec Power 28 New Haven Water 50 N J A Hud Riv Ry A Fer pref.100 New Jersey Pow A Lt SO pref (f) New Orleans Public Service— .100 New 45 7 21% - 5% % preferred series O 6% preferred series B_— 7% preferred series A 39 pref (t) $5 preferred (t) Pennsylvania Water A Pow—(J) People's G L A O (Chic) 100 d Peoples Light A Pow com A—(fi Phila City Pass—See Phila R T Philadelphia Co com (t) S5 preferred 50 6% cum preferred 50 $0 cum pref (t) Allegheny Traction.. .—50 Citizens Traction 50 Consolidated Trac pref 60 Duquesne Light 5% 1st pf.100 Federal St A Pleasant Val—25 Monongahela Lt A Pr.. 50 Monongahela St Ry 50 Phila A Darby—See Phila R T 80" 79 §7 preferred — SO preferred |6 convertible preferred S6 prior pref .(t) New England Telep A Teleg-.lOO N Eng Wat LAP Asso 6% pf-100 preferred 11* 40 5 1% Penna Gas A 41 (t) Preferred 100 New England Power. Co. pref 100 New England Pub Serv com— (t* 87 prior preferred /+ 7% 47 ~5~" Participating class A stock.(f) Elec Co 7% pref_100 pref.] Pennsylvania Pow A Lt $7 Pf- 77 Assn com N Y Rys Corp 87 pref Bleecker St A Fulton (t) Preferred (87) Sou Calif Gas Warrants— Class B Class O New Eng Pow 65 12 67 38% $6 preferred d 7% preferred d National Power A Light com..(t) 10 preferred-Nat Public Service Corp— " 86 62 , Preferred Newark Consolidated Gas New Eng Gas A El Assn— 45" 83 7 73 100 7% preferred series Nebraska Power, pref (t) 100 pref(t) pf—100 Penn-Ohio Edison 7% pr 42 Montreal Telegraph 40 r Montreal Tramways, com 100 a Mountain States Power, com.(f) 7% Preferred Mountain States Tel A Tel 100 Nassau A Suffolk 7% pref ..100 Nevada-Calif Electric com 9 Penn Central Lt A Paw $5 38 (f) 100 100 133 503 55 sk 3 81 .(t) Peninsular Telep Co com Preferred 62 100 49 99 .100 d —.—(t) ... 24 23 100 d 106 95 Paterson A Passaic Gas A El. 100 80 Pawtucket Gas pref 100 62 60 « Power A Light 0 % pref — (t) I cum Mississippi Riv Pow pref 100 Missouri Pub Ser 7% pref—.100 Mohawk-Hudson Power lstprf(t) Second preferred (f) Monongahela L A P—See PhllaOo Monongahela St Ry—See PhllaOo Monon-West Penn P S 7% pf-25 Montreal L H A Pow. Oons.(f) National Elec Pow cl A 1st preferred Pacific Telep A Teleg Shawlnlgan Water A Power—(t) City Gas A El 7% Pf—100 Sioux Preferred % pref100 pf—100 preferred E0 Common non-voting 3% 3 Light— 0% pref. series 0% pref. series Milwaukee Gas Light 7% Minnesota Pow A Lt 7% 100 100 Pacific Pow A Lt 7% pref Pacific Pub Service— 20 13% 48% Sierra Pac Elec pref 100 Sixth Avenue— See N Y Rys Somerset Un A Middlesex Lt.100 Southeastern Pr A Lt com— (t) 10 7 t) — 3* 2 79 Ask. 6 Second Ave RR Corp (N Y).... 2nd A 3rd Sts Ry— See Phila R T 32 —.100 Prior preferred Preferred 3% —...100 A—.—100 A 100 6% prior lien 7 % preferred class 0% preferred class Mllw. Elec. Ry. A .——(f) Pac Northwest Pub Serv it) without war—(t) Utilities- pref 70 61 (T> preferred series O SO Middle West 78 Bid. Par Stocks. Ask. SI* 78 com—ft) Pacific Lighting Corp Preferred (80) 5 75 Bid. Par Btooki. Ask. 89 — York pref—100 100 (t) dr 3% --- 30 38 63 102 (Pa) Railways Preferred.50 d 20 k Last sale. / In London, n Nominal. Exchange. t Without par value. 103 3% 8 104 27 rOanadlan price. * Sale price, Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear under the previous two headings, namely "Railroads (Steam)"and "Public Utilities." In the case of stocks, how¬ ever, Safe we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Deposit Companies" under separate heacls, then follow with the rest of the "Industrial and Miscellaneous*'! bond notice.—All Bonds. prioss Bid. ars Atk. Bonds. INDUSTRIAL AND ■ISOKLLANEOUS BONDS. 86 Abbotts Dairies deb 6s 1942-M&S Abltlbl Pow & Paper— 1st M 5s 1953 ser A Abraham & Straus Inc— 16M 18M DebSMs 1943 with warr—A&O 90 M Acadia Sugar 5s 1946 Acme Cement Corp 6s 1935-F&A Acme Steel Goods 6s 1943-M&S Adams Exp coll tr g 4s '48-M&S 74M 951 771 J&D . _ 32 95 68 J&D Advance Bag & Paper 6s '52. J&D Ajax Rubber 1st 8s s f 1936—J&D Alabama By-Prod 6s 1955—J&J 69 M 67 28 5 62M ~2~~ Coll tr g 4s 1947 M 5s 1933 MAN Alabama Mills 1st 0 Ms *43 A. A AO 25 Alaska Gold Mines 6s A '25-M&S 6s series B 1926 M&S 23 cons 4 23 Albany Peri* Wrapping Corp— 1st M coll tr 6s 1948 A&O Alberta Pacific Grain 6s. 1946—- 69 73 Aigoma Steel 1st 5s 1962—-A&O Allied Packers deb 6s 1939—J&J 1st M & coll tr 8s 1939 J&J 10 13 30M 30M 40 AlUs-Chalmers Mfg Ce— 84 f debt 5s '48—T&J 80 4 Aluminum Ltd s 53 93*A Without warrants..— Amer Austin Oar 7% 1933.M&N American Beet sugar Co— Oonv b f deb 6s 1935 F&A Amer 84 M 60 94 H 20 28 18" 58 M 70 Cons deb 5s 1940J&J Calif & Hawaiian Sug 5s '37 _F&A Calif Pet deb 5 Ms 1«38 M&N Conv ■ f deb 5s 1939 F&A 83 X 11M 14M 71 73 Can Cement 1st 62 25 35 35 30 90 M 92 M 65 60 70 69 38 '43.F&A15 J&J 5s 1955 M&S Capital Admin Corp— Deb 5s 1953 with warr—-J&D 25-yr guar 97* 91* Caterpillar Tractor 5s 1935 Cedar Rapids M & P 5s 1953-J&J Central bceel 1941 M&N Oertaln-teed Prod Corp— Deben s f 5 Ms 1948— M&S 50 Coll tr sink fund 7s 1934-J&D 96M Sinking fund deb 5s 1948—J&J 4M% notes 1933 M&N Amer Sales Book 6s 1939—-A&O Amer Seating conv 6s 1936—J&J Amer Service deb 6M» 1934.-J&J / 68 ser A with warr 1944—J&J / Chic Mill & Lumber 6s *43- M&N Uhlc Pneumatic Tool O Deb s f 5Ms 1942 A&O 66 M 79 93 69M Chicago Stock Yards 5s 1901 37 45" Amer Smelt A Ref 5s 1947--AAO 95 M Rolling Mill— 81 4 ~7 i04M 96" 105 99 101 97 51 98 45 52" Si* 57 55 50 J&J 39 J&J 45" 39 Anglo-Chilean Cons Nitrate— estate 82 6M% gold notes 1933—J&J Atl Gulf & W Indies SS Lines— Coll tr g 5s Jan 1 1959 J&J Atlanta Laundries 6Ms w w 1943Adantlc Kefln deb 6s 1937—JAJ Atlantic Steel 1st s f 6s 1941-J&J 85M 77 45 103 39M 50 Balaban & Kati Corp—5M % notes 1933 Oemmander-Larabee Osrp— 1st mtge 0s 1941 Fairbanks Morse & O Sink fund deb 5s 1942 Famous Players Canada 1st 85 89 97 Corp— A&O 52 deb 6 Ms 1948—A&O Farmers Nat Mtge Inst 7s '63A&0 30 18 s 1948 A ser 28 M&S Farr & Bailey Mfg 7s 1942. M&S Federal Sugar Ref 6s 1933—M&N Federated Metals a f Fiat a I deb la 1940 104M */ 6 7s '39—J&D 93 X ■ J&J Residential Mtge Bank sinking fund 6s 1961 —M&S 51 64 Firestone Cotton Mills 5s *48M&S>A; 56 M Firestone Tire & Rub(Oan)7s 1937 100 M Firestone Tire & Rub of Calif— 8 f 5s 1942M&S J 91 First Bohemian—See Boh G1 Wks Flsk Rubb Oo 1st 8s 1941-M&S */ 63M Certificates of deposit */*64 26 50 59 65 38 44 100M 96 loi" 97 H 70 56 100M 57 1st col tr conv 6s 1949 ser A J&D 34 12 Fox Film Oorp deb 6e 1930&A&O Oorp— Deb 7Ms 1942 J&J Francisco Sug 7Ms 1942.M&N15 Franklin Co Coal 7s 1951 J&J 8* 15 French Nat Mall SS Lines 6s '52 s 75 107 92 / 76M 108 94 14 107 55 67 72 Frick-Reld Supply 0s 1943—J&D Gannett Co deb 6s '43 ser A. F&A Garlock Pack Co deb 6i '39. A&O Gelsenklrchen Mining Oo— M&S 6-yr 6% notes 1934 53 General American Investors Inc— Deb 5s 1952 ex warr General Amer Tank Oar 6M% notes April 15 1936-A&0 54 J&D / 75 85 48 55 49 Oonsol Textile 1st 8s 1941 Oonsol Tobacco 4s 1951 65 Osnsol Coal 4Mb 1934 opt--M&N / 7 Ms coll notes stamped '36-J&J J&D / 6M 58 9H 41 10M 17" 93 M / 15 16 F&A 79M Oorp— Equip 5Ms 1934 .M&N 99% Equip 4Ms 1942 —F&A b Eq tr 4Mb 1932-45 J&D 6 Gen Amer Transports System— Eq tr 4Ma 1932-'40 (yr)—M&S b Gen Baking deb 5 Ms 1940—A&O 100M II General Bronse deb 6s 1940M&N General Gable Oorp— m 23 74 60 1st mtge sf5Mi 1947 ser A. J&J Gen'l Elec 3Ms 1942 opt—F&A Gen Elec (Germany)7s'45.J&J15 Deb 6M8 1940 — J&D 68M 70M 29 31 Consumers Co 1st 6s 1940—J&J Container Corp 1st 6s "46-J&D15 52 80 M Deb 5s 1943 with warr__J&D Continental Oil Co— 50 80 97^ 98M Baragua Sugar 7Ms s f 1937-J&J ttalavlan Petrol 4M s gu 1U42 JAJ 10 Deb 5Ms 1937 —M&N Continental Roll & Steel Fdy— 1st M conv s f 6s 1940 J&D Corn Prod Ref 1st g 5sl934-M&N 25 102 M 103 M IH 67 100 M 34 M 32 5% serial notes 1934— M&S 5% Berlal notes 1935———M&S 5%serlal notes 1930 M&S Gen Petrol 1st 5s Aug 15 1940 Jen Rayon deb 6s 1948 w w. J&D General Refractories Co— Bates Valve Bag Corp— Deb s f 6s 1942 79 92 95M 93 X 95M F&A Without warrants 50 Bsyway Terminal— 1st m 6 Ms 1940Certificates of depositBeacon Oil deb 6s 1936 J&J 10 6 M&N 8 10 93 Corporation Securities Oo— 6% serial notes 1933 M&S 5% serial notes 1934 M&S 5% serial notes 1935 M&S Oosgrsve Meehan Coal 6M* 1954Crane Co 5% notes 1940— -F&A Credit Alliance 6 Foreign Power Secur Corp— Framerlcan Ind & Dev 99 K _ *fk53 *fs52M Foltis Fisher Inc 6Ms 1939—J&J *f 31 f g 5s 1950-— J&D 86. Flour Mills of America Inc— Oonv g 0M% notes 1946.A&O J&J Connor Lumb & Land 6s *41 M&N Oonsol Agrlc Loan 6Ms 1958 See Ger & Com Bks (For Govts) J 5M% notes 1931 Certificates of deposit 24 M 22 M&N Baldwin Locomotive Works— 8-yr 5 M% notes 1933—M&S Certificates of deposit 1st g 5s 1940 M&N 5M% notes 1934-38 5 64 44 M 46 M&N J&J Oomm'l Invest Trust Corp— Conv deb 5Ms 1949 F&A s F&A 55 36 Certificates of deposit.. Oonsol Mach Tool 7s 1942 Oonsol Publishers. Inc— f 0s 35 J&J */ 41M Consolidated Investment Corp of Canada 4Ms 1959 —1- / Oonsolidated Laundri—— 55 25 47 M 30 Finland 50 Connecticut Coke 5s 1948. _M&8 ibix 75 Farmers Mfg Co 7s 1943 70 95 14 Osmputlng-Tabulatlng-Rec Co Sinking fund gold 6s 1941-J&J 19 51M M&S 50% 86 J&J 86 50 103 M 41 O Fabrics Finishing Corp— 1st m conv ■ f 6s 1939 84 M Chile Copper Oo deb 5s 1947. J&J Clearfield Bit Coal 4s 1940—J&J Small series B ..J&J Colon Oil deb 6s 1938—-—J&J Col Fuel & Iron s f 5s 1943—F&A Oolo Indus 1st 5s A & B 1934 F&A 1st & ref M&N 65 A&O 80 Plywood Corp— Conv deb 5Ms 1943—M&N Autocar Co. 1st 7s 1937 M&N Chllds Co deb 5s 1943 w w 1936 Certificates of deposit Oomm'l Credit 6s 1934 Ooll tr s f 5Ms 1935 9 61 83 12 M ♦j*15 101 J&J Oommers-und Privat-Bk(Germ'y) 5 M % notes'37 (Am part ctf )M& N Commonwealth Subsidiary OorpDeb g 5M« 1948 ser A—M&S 1st Arnold Print Wks 6s 1941—A&O Associated Oil 6% notes '35-M&8 Associated Rayon 5s 1950 Associated Simmons Hardw Cos Atlas 10M Guar gold 4s 1942- 7% notes 10 jf 20-year 96 53 ser 95" Chesapeake Corp— 79 — J&D 97M Everlastlk. Inc 1st 7s 1937-M&N Inc— Oonv col 5s 1947 M&N15 Chic Jet coll tr ref g 4s '40—A&O Coll trust ref 5s 1940 AAO American Mater 6s 1946 American Piano 6s 1935 Amer Radiator deb 4Mb '47 M&N 10M si 1st 17s 1907 Ohateaugay Ore & Iron— 91 Co—Real Si* Empire Oil & Refg Oo— 77 1st 8s 89?- A w 99 Eastern Steel 5s 1931 ctfs—F&A Elk Horn Goal 1st 6Ms 1931-J&D 7 % notes 1931 74 Without warrants Ohapin-Sacks. 5)4% g notes Apr 1 1934-A&0 gold 4His 1939 opt. J&D Armstrong Cork deb 5s 1940-J&D II* European Mtge & Invest— 1st 1 7 Ms 1950 ser A M&N 1st 17 Ms 1900 ser B F&A American Metal Co Ltd— Armour 92 54 K & col tr 5Ms 1942—A&O ErnetibC Breda 7s 1954 w w-.F&A r±. 5a 78 Deb 7s 1945 M&N Armour A Co of Delaware— 1st M 5Ms 1943ser A JAJ 39M Driver Harris Co— 1st mtge sink fund 6« 1942-J&D Eastern Car Co Ltd 6s 1952-J&J Eastern Cuba Sug 7Ms '37 M&S 37 SS L deb 76 103 H Amoskeag Mfg 6s 1948 2 82 F&A 35 f 0s 1939-A&O '39.J&J 90 71 Donner Steel 7s 1942 J&J Dow Chemical 6% notes'40-F&A 2M 5M® 1947-M&N Donnacona Paper— 1st s f 5 Ms 1948 ser A 1st M 6s 1949 Canadian Nat Steamships— 82 Amer Writ Paper ■ f 7-6s 1st 6s 1947 90 91 80& A&O 92" Oamaguey Sugar 7s 1942 A&O 15 Certificates of deposit Canada Biscuit 6M« 1946--M&N Canada Bread 6s 1941 F&A 73 f 0s Oct 15*60 A&015 59 M&N Deb gold 6s 1940 85M 87 49 M Domin Coal 5s '40 op *10—M&N Dominion Glass 0s 1933—-J&D2 Dominion Tar & Chemical Oo— Deb s f 6s 1949 ser A J&J 2 6s series B 1949 J&J Dominion Textile 6s 1949— 98 87 _8M Dodge Bros deb 6s 1940 M&N Dodge Mfg 1st 7s 1942 J&J Dold (Jac) Pack 1st 0s '42.M&N Dominion Oanners 1st 0s '40 A&O 52 M&N s 57 Amer International Corp— Oonv 5 His 1949 —J&J Amer Wire Fabrics 1st 7s '42M&8 Farm Ln 17M 38M A California Packing Oorp— 4J 104) 96) 95 85 Stamped (Mar '33 coup on) '35 Deutsche Rentenbank— 73 M 98M 90 Amer Type Fdrs deb g 6s '37.M&N Deb gold 6s 1939 M&N 26M 26 30 Canadian Cottons 5s 1940—J&J2 Canadian Internat Paper— 95 72 Sugar Refg 6s 1937—J&J 13 H 40 64 k Amer Thread 1st 5 Ms 1938.M&N Am Tobacco deb 4s 1951--F&A 10 1st mtge 0s 1953 J&D Denver TTn StkYds 5s 194fl__J&J Detroit Times serial 6s 1933.M&S ^ serial 6s 1934 to 1943 Deutsche Bank (Berlin)— 6% notes (Am part ctfs)__M&S 66 70 Amer 18" 25 103 96 Ask OoalOorp— 85 25 Amer IG Ohem Corp— Oonv deb 5 Ms 1949 American 90 83 21M 83 88 s s f 5s 1940—J&D Sink fund deb g 5Mi 1937 A&O De Bardeleben 84 M 14 24 ser 4X Oudaby Pack 24M 5Ms 1945 Bid. ' Colortype 6s 1942----F&A Fdy 63 51 87 1st 5 Ms 1950 ser B M&S Budd (E G) Mfg 6s 1938 Burmeister& Wain (Copenhagen) Canada Amer Oyanamld deb 5s 1942. A&O Amer Ice Co deb 5s 1953—J&D Am Macb A Bonda. Cuba Cane Products— Deb 6s I960 ——J&J 62 1933—A&O Amer A Continental 5s 1943 Ask. 1st & gen m 6s 1941 ser A.A&O Oanad Cons Rub 6s 1946 A&O Amalg Laundries 6 Ms 1936-M&S Amalgamated Phos 6s 1936-F&A Amalgamated Sugar Co— 1st s f 7s 1937 A&O Amer Aggregates Corp— Deb 08^43 ser A with war.F&A Amer Chain deb 6s Boston Wharf 1st 4s 1941 A&O Botany Oonsol MilJs 6Ms '34 A&O t Certificates of deposit Bridgeport Brass— Oonv deb 6Ms 1939 J&D Brown Co 1st 6Ms 1946 A&O 1st M Deb gold 5s 1937 MAN Alpine Montan Steel Corp— 1st sf 7s 1955 MAS Aluminum Co debs 5s 1952.M&S BW., Bohemian (First) Glass Works— 1st 7s 1957 without warr..J&J k Borden Mills 1st sf 6s— Ext at 6M % to 1934 F&A Boston Store (Chic) 5s 1938 Boston Term Co 3 Ms 1947-f&A J&J f 15-yr s f extl 6s 1940 Bush Term 1st 4s 1952 A&O Oons g 5a Jan 1955 J&J Bush Term Bldgs 1st 5s '0O-A&O k By-Products Coke Corp— 30 Alabama Cons Coal A Iron-— lit "and interest" exespt whsrs marked "t" and inooms and defaulted bonds. 22 69M Deb s f 6s M&N 1948 30 M General Motors Acceptance Corp ff 5 79 Corp— 66 71 Beld'g-Hem'way6% notes *36 J&J 86 M 92 Deb 5Mi 1938 with warr.M&N Crowell-Colller 6s 1939 J&J w* 78 Crowley. Mliner & Oo— Deb s f 5Ms 1937 —M&N Crown Cork & Seal Oo. Inc— 21 20-year sink fund 6s 1947—J&D 97 102 % 22 M M&S 85 Certificates ot deposit Gen Stl Cast 1st 5Ms '49 w w J&J 70 ' Gen Tbeat Eq deb 6s 1940.A&O Certificates of deposit— Beech Creek C & O 5s '44--J&D 102 % 102 % _. 2-year 5% notes 1933 78 101M - 74 4M 2M 98 79 Beneficial Indus Loan Conv deb 6s 1940 Corp— M&S 80 Beneficial Loan Soc 6s B 1939 Q-J 76 6s profit share deb 1956--Q-J 77 Beth'm St 1st 1 & ref 5a '42.M&N 92 Purch money 5s 1936 J&J 94 Purch money 6a 1998 Q-Feb.— k 104 Penn-Mary Steel 6s 1937-J&J 87 79 72 94K Crown Wlllamet Crown Zellerbach Pap 0s '51-J&J Corp— 76M 95 91 Deb 0s 1940 with warr M&S Crucible Steel Oo deb 5s "40-M&N & s 70 ft Basis. 1 This price Includes accrued Interest k Last Sale. 1 In London, n Nominal, Stock Exchanges, r Canadian price. * Negotiability impaired by maturity, s Less 2. Gen Vending 6s 1937 F&A Certificates of deposit— German Atlantic Cable 7s 1945— 79 German Bldg & LandBk 6Ms 1948 ' 4 ' 3M 59 30 72M s Minimum price established on Montreal or Toronto INDUSTRIAL & MISCELLANEOUS BONDS 84 ■OTIOI.—All bond prleea art "and Interest" except wbaro Utilities. Gesfnrel—See Public Gillette Safety Razor— Debentures 5s 1940 ^ 94] A&O f4s 65-MAS Goal M s 544% notes '35-JAD Globe-Wernicke 7s 1940 JAJ Gabel(Ad'f)6%% ww *85—MAN Godchauz Sugars 7%s 1941 Good Hope St & Ir Wks (Germ'y) 8 f g 7s Oct 15 1945—AAOIS GaadrTcb (B F) 1st 6 tf ■ 1947.J&J Deb g 6s 1945 JAD Gaodyear Tire A Rubber— 1st mtge coll tr 5s 1957--MAN Gotham Silk Hob deb 6s '36 JAD Gould Coupler 1st 1 6s 1940.FAA Grand (F A W) Properties Oorp— Oonv deb 6s 1948. JAD15 Otfs of deposit . Great Lakes Paper Go Ltd— Glen Alden Glldden Go 1st s f 6s 54 j 91 / 15 MAS 6%notes'33MA8 45 90% 70 8744 1st conv 6s 1954 with war. 8944 9% */ */ 11 9 8 2144 23 40 / 32 98% 96% 97 40 70% 44% Leipzig Trade Fair 7s 1953 Liboy McNeil A Llbby— 73 76 22 26 644s 1934 to 1947 Go lBt 644s A '34 AAO Holland-Amer Line 6s '47-MAN Holllngshead (RM) Go 7s'38 FAA Holly Sugar 6s 1943—... Heed Rubber 7s 1936 JAD Oony 644 % g notes 1936AA015 11* 86 60 II* 11* ft k 15 54 MA815 Ind Limestone 6a 1952 MAN 6s prior lien sf 1942 MAN Inland Steel 1st 444s 1978—AAO 1st m s f 444s 1981 ser B FAA -c- _ Oonv deb 5s 15344 .... 49 ft* 49 92"" 510544 i3044 L56 —MAN 1948——MAN 12" 85" 8444 65 Without warrants Goal A Iron f 5s 1950.JAJ efferson A Clearfield Indiana Go 1st s A Laughlln St 5s '39-MAN Journal of Commerce 644s 1937— larstadt (Rudolph) Inc— 1st 6s 1943 with Am sha.MAN Kaufman Dept Stores Sec Oorp— Ool tr 544 % notes July 15'43 FAA Celth (B F) Oorp 6s 1946..MA8 Kelly Springfield Tire 6s '42.AAO Kendall Go 5 44s 1948 Kentucky Rock Asphalt— 8 f 644s 1936 JAD Keokee Cons Coke 5s 1949—JAJ aeyatone St A Wire Ss 1941 AAO Kimberly-Clark Oorp— 1st mtge 5s 1943 ser A JAJ Kinney (GR) Go 744a 1938.JAD Kirby Lumber 6s 1938 —J&J16 Keholyt Oorp 644« 1943.. Koppers Gas A Ooke GoDeb sf 5s 1947— JAD 8 f dob 544a 1950 JAJ Kresge Foundation 6s 1936. JAD Kresge (S S) 1st 5s 1945 JAD Otfs of deposits ft 112% 100 .... 22 22 66% 55 66 70 .... 19 35 36% 49% 49% §2y° 86 54 mmmm 6% 7% 41% 4144 53 5444 53.. 55 40 —- 41 , „ 92% 55 50 44 37 MAS Miller A Hart Inc deb 6a '43.JAJ Oonv a f 5b 1936 AAO / 7% gold notes 1936 AAO J Minnesota A Ontario Paper Go— 1st 6s series A 1945..—.AAO 5] 1st 6s series B1948..—... JAJ 5! 1st 6a series O 1950—..—MAN 5] 5-yr 6% notes 1931—..—MAS 5 Monon Goal—See Ohlc Ind A L Ry. Monroe Goal Mining 6s 1947 52 9344 5344 27% 28% 55 57 101% MAN 81 84; 5944 59 5244 58* 60 71 71 mm mm m 77% —— 70 101* • W* h 7344 56 40 89 93" 80 82 65 35 69 34 36"" II* 78 „ 83 66 90 6844 80 85 95 23 25 14 15 80 23* IS* 38% 83 65% 60 8744 8344 54 75 45 JAJ 60 RR. 6s 32 JAJ 1942a-— 15 Potrero Sugar 7s 1947—MAN15 Pressed Steel Oar 5s 1933— JAJ Oonv deb 5s 1943 JAJ 46 22 353 35) 103 40% 90 84 82% 82 MAN/, ' Railway Express Agency Inc— Serial 5s '32-'38 (s-a) MAS!? Series 5s *39-'49 («-a) MAS1& 80 15 59% 39% 93 88 Reliance Bronse A Steel Oorp— S f conv deb 6s 1944 AAO Reliance Mgt OorpSa 1954—FAA 6844 70 65 9 8% 12 5 5 1 55 64% Repub Gas Go (formerly Saxet Go) 60 10 93% Remington Arms 6s 1937...MAN Remington Rand, Ino— Deb 5%s 1947 with warr.MAN 75 75 Certificates of deposit Republic Iron A St'l 5s 1940 AAO Ref A gen 544> '53 aer A..JAJ Republic Motor Truck Go, Inc— Deb 644s 1937 with war-JAJ Revere Copper A Brass— 1st Inc 6s July *48 ser A—MA Reynolds Invest 5s 1948 58 62 59 95 95 63 52 45 Oar— Equip 5s 1932-1943 (s-a>—JAD 5 10% 5 10% 19% 32% Without warrants 1st lien coll 6s 1945 N Y A Foreign Investing Oorp— North Amer Oement Oorp— Deb 644s A with warr '40.MAS North German Lloyd— 20-yr sf 6s 1947— MAN 80 Quaker Olty Gold Storage— 1st 6s s f 1951 MAN J. 72 Hoboken Ferry 5s 1946—MAN N Y A N J Ferry—5s '48—JAJ NYLEAWOA RR— 1st 6s ext 544% 1942—..MAN N Y L E A W D A 11st 0s '13Extended at 5% to 1943—JAJ N Y Shlpbldg 1st 5s Nov 1 *46— New York Trap Rock Oorp— 1st M s f 6s 1946 JAD Debenture s f 7s 1936—.JAD 30 PrudenceOo guar coll544s'6lMAN Prudential Refg 1st 644s '43-JAD Pub Serv Subsid Oorp see "P U Pure Oil Go— 10-yr 544% ■ f notes '87—FAA 10-yr s f 544 % notes *40—MAS Purity Bakeries 5s 1948 JAJ Oonv deb 6%s 1941 85 72 Deb 544a 1948 with warr.JAD N Y A Hob Fy 5s May *46—JAD 67 k Quaker Olty Tank Line 5%s 1936^ Radlo-Keith-Orpheum Oorp— 37 Part pd ctfs (for 6% deb and common stock) 65% paid 89% Debenture gold 6s 1941—JAD 88 b Basis. /This price Includes accrued interest, ftLast sale, n Nominal, r Canadian prices, Montreal and Toronto Stock Exchanges. * Negotiability Impaired by maturity. 83 6s 1933 53 JAD 8644 Nat Dairy Prod 5%s 1948—FAA National Fire Proofing Go— 21 Deb s f 544a 1947 MAS */ 29 Nat Food Products 6s 1944 National Steel Oorp— 89% lstsf 5s 1956AAO National Tea 5s 1935 MAN Nat Union Mtge 6s 1946 Newberry (J J) 544a 1940—AAO New Eng Sou Mills 7s 1933 I 57% N Y Dock Go-1st g 4a '51-FAA Eq tr 5s '32-'45 (s-a)—MAN15 100% 7s 1946 AAO Provincial Bank of Westphalia 30 64 Nassau (Ger) Landbank 644s 1938 Amer 3 101* Procter A Gamble 4 %sl947 Protestant Church of Germany— 29 Namm (A I) A Son—See Mfrs Tr Go. North 84% 7 Certificates of deposit 82 1940 1st m)A coll tr 0%s 1936—JAD 1st m A coll tr 6%s 1937-. J AD 60 47 , Pittsburgh Goal Go— Sinking fund deb 6s 1949-FAA Pittsburgh Screw A Bolt Oorp— Deb ■ f g 544a 1947 ...JAD Pitts Steel s f 6s 1948 FAA Oonv 10244 40 40 35 42% 53% 72 78 u* Porto Rican Amer Tobacco— 56 25 19 18% 75 Price Bros A Go 1st 6s '43 A.FAA Serial 5% notes 1938——.AAO N Y Evening Journal— 1st m A coll tr 0%a 1933..JAD 1st m A coll tr 64is 1934..JAD 1st m A coll tr 6%s 1935..JAD 15344 34 34 Part Arthur Canal A Dock—See Nat Acme Ga 1st 6s 1942 59 63 Plllsbury Flour Mills 6s 1943 AAO 1st gold 5s 1957 op Poor A Go 6s 1939 B* Murray Body 1st 644a 1934. JAD 84* Pocahontas Oonsol Collieries— Mtge-Bond Go 4s ser 2 '66_AAO|/ 6s series 4 1933 MAN / 544s series 16 1940 MAN / Munson Steamship Line— Secured 6s 1937. JAJ Deb 6%s 1937 with warr. ! Murphy (G O) Go6s Peabody Goal Go (Oonsol Go)— 1st s f 5s 1953 ser A MAN Penn Mary Coal 5s 1939 Penn Mary Steel—See Beth Steel Pennsylvanla-Dlxle Cement Oorp 1st m s f 6s 1941 ser A.MAS15 Penn Dock A Warehouse Go. L'hold s f 6s 1949 w W—FAA Certificates of deposit Pennsylvania Glass Sand Oorp— 1st M s f 6s 1952 JAJ Penn Greyhound Lines. Inc— 5% % notes 1933-1935 AAO Phila Inquirer 6% notes '40.AAO Phlla A Read O A 1 6s 1978.-JAJ Oonv deb 6s 1949 MAS Pittsburgh-Westmoreland Goal 1st • f g 5s 1947 opt ..MAN 97) 873 Deb 644 23 70 Pirelli Go of Italy con 7a *52M AN PIttsb Brewing 6s Feb 4 "49—JAJ 76 With warrants Morris A Go 1st s f 444a '39.JAJ. 6 10% 1044 43 JAD. Phillips Petroleum Go— Sink fund deb 5%s 1939—JAD Pickering Lumber 6s A *46-.MAN Gen Ind Mineraria, Italy)deb 7s '37 JAJ 7% f 6s 1936 Pine Hill Oolllerles 1st 6s 1942... , 1st s f 544a 1942 Montecatlnl (Socleta s Pierce Butler A Pierce 644s '42— 28 1144 Parker-Young 1st 6 %s 8 f *44 FAA / Parmelee Transportation Go— f 8 f conv deb 6s 1944 AAO Path Ex deb 7s '37 with war MAN 2244 82 47% 10 Sink fund 544s 1950 FAA Certificates of deposit.. Park A Tllford 50 f 6s 1947 -AAO Massey-Harrls Go 5s 1947 AAO McOampbell A Go— 644% notes 1937 JAD McGord Rad A Mtg— Deb 6s 1943 with warr—.FAA McOrory Stores 544s 1941.JAD15 McKesson A Bobbins Ino— 20-yr conv deb 544a 1950.MAN Mead (The )Oorp— 1st M 6a 1945 with warr..MAN Merchants Refrig 6s 1937 Metropolitan Chain Properties— 1st conv. a f 6s 1948 MAN Metropolitan Wat Sew A DrainBoard s f 544s 1950 AAO A: Miag Mill Mach'y 1st 7s 1958Middle States Petrol 644a 1945— k Mldvale Steel A Ordnance— 37% JAD 20-yr s f g6« 1947 Paramount Publix Oorp— 48 JAD 3744 Panhandle uorp— 2-yr 6% notes Mar 15 '33 MAS15 Paramount Fam Lasky Oorp— Monsanto Chemical Works— 77% 1946 ser B.MAN 76 80 1st mtge s 8344 1st 7« 1937 with com ... Pan Amer Petrol Go (of Oallf)— 1st conv s f 6s 1940 JAD15 Certificates of deposit...... 50 Miller A Lux Inc 1st M 6s'46 96 5844 istta-Fraschinl 7s 1942— •n 66"" 6144 htertype Corp deb 544s '42. JAD uvestment Go of Atner— Deb g 5s 1947 with waiT—AAO ft Without warrants ones 38 84% 8444 nternatlonal Match Oorp— Deb a f 5s 1947 MAN Certificates of deposit Oonv deb 5s 1941 .JAJ15 Certificates of deposit hternat Mercantile Marine— 1st M coll trust 6s 1941—AAO nternationa Paper— 1st A ref s f 5s 1947 ser A..JAJ 1st A ref s f 5s ser B 1947-JAJ Ref mtge es 1955 ser A—MAS internat Power A Paper— 1st M 5s 1968 JAJ internat Salt g 5s 1951 op—AAO international Securities dorpDeb g 5a 1947 JAD k inierstate Iron A Steel Go— k lstsf 544» aeries A 1946—MAN 1st Msf 544s 70 i02% m stamped ext to 1942 nternatlonal Oement— 25 Manufacturers' Finance Ob— Namm A Son 6s 1943 f 10* Interlake Iron Oorp— 1st m 5s 1951 ser B MAN Internat Agricultural Oorp— 1j p« 1st A coll tr a f gold 5s 1932 7 70 with warMAN Palmer Oorp of La 1st 6s1948J AD Pan Amer Indus Oorp 110 Marlon Steam Shovel— 90 ft 8 f deb 6%s 1943 12544 a AAO jpartlo lu A 75 Pac Invest—See Invest Trust Pacific Western Oil Go— 2(S% Ool tr 6% notes 1935 30% 32^ „ Without warrants 45 334 101 90 Pacific Coast Go g os 1946--JAD ~ Pac Fruit Exp Ea—See 8o Pacific Go. 70 —AAO k f 5s 1942 Mfrs Tr Go ctfs of 48% 63 FAA Independent Oil A Gas— Oonv deb 6s 1939 »« 29% 50 s Liggett A Myers g 7s 1944—AAO 124% iold bonds 6b 1961 FAA 109% Little (A E) Go 7s 1942 AAO / —— Loew's Inc deb 6s 1941 AAO 7544 Logan County Goal 7s 1942 20 Long Bell Lumb 6s ser A '42. JAJ / 13 6s series B 1943 AAO / 13 6s series O 1946 ..FAA / 13 LsrUlard (P) Go g 7s 1944—AAO 112 5a. 1951 FAA 99 1st extended 5s 1955 —MAN f 27 Lukens Steel 1st M g 8s '40 MAN */ 27 Magnolia Petrol 9944 Deb 444" 1934— FAA 9944 Oeb 444s 1935 —FAAl Manatl Sugar 1st 744 s *42.. A AO Certificates of deposit..... 2144 Stpd Oct 1931 coup on 20% Certificates of deposit 50 Mansfield MlnASmelt 7s '41 (ww) 49 Hughes Tool (Tex) 544s'36.AAO 103 Humble Oil A R 5s 1937—AAO Hungarian Disc AExch Bank— fk 45 85-yr a f 7s 19637. JAJ fk 45 Hungarian-Italian Bank Ltd— Sinking fund 744s 1963—AAO ♦/42% ♦/ 42% Hygrade Food Products Corp. 1st A ref 6s Jan '49 A AAO s 58% 48 6b 1949 series B_. JAJ 45 Ice Sec 644a. 1939 89 Ideal Oement Go deb 5s '43.JAJ 102% Illinois Steel deb 444s 1940..AAO 30% Useder Steel mtge 6s 1948 FAA Independent Brewing 6s '55 JAJ / 51 - 99 25"" 10 Oil Go of Texas— 68 10-yr sec s f 544s 1940—MAN s Hudson Bay Min A Smelt 6s 1935 s 101% 101 37% Hudson Goal 1st 5s 1962 A.. JAD n" Hudson (J L) Go— 90 6% notes 1933 FAA - 9844 57 Houston - 70 12* Hoe iR) A FAA 69 Pabst Oorp 1st 5%s to 1939.MAS Pac Coast Oement 6s A 1942.JAD Pac Coast Steel Oorp 5s to '40 JAJ 29 9644 93 Pineapple Go Ltd— 64 32 27 4544 90 5-year 5% notes 1936 AAO Hawley Pulp A Paper Go— 1st 6s s f 1946......JAJ Haytlan Oorp 8s 1938 Hearst Magazines 6s 1934.-MAS 6s 1935 to 1942 Hearst Publications 644s'33 MAN 50 95 7444 Harpen Mining Oorp— 6s with war for Am Hartford Times 6s 1943 55 19 Oswego Falls Oorp 6s 1941 Otis Steel 1 st 6s 1941 ser A.MAS Owens-Ill Glass s f g 5s 1939 2244 2044 1644 25 32% shs—JAJ 89 _ 26% '34.FAA 55 10 Extl deb 544s 1958 MAN Osgood Go deb g 6s 1938——JAD 88"" 8544 8544 72% 1st M 24 1939 with w JAJ Oregon-Am Lumber 6s 1942AAO Oriental Devel Go Ltd— Extl deb 6s 1953 MAS 15 38% 93 29 50 65 8 f 644 % notes 68% 34 Hama Steamship Lines 10-yr 6s 1939 with warr.. AAO 1934-36 13 13 67 5% notes 12% 1% 17 Ohio Fin deb 644s ww 1944.MAN Did Ben Goal las 6s 1944—F«A Oneida Community Ltd— 50 Sec 6% gold notes 1938—JAJ Leh A W- B Goal con 4s '35.-JAD «st A ref 6s 1974 9 Nova Scotia 8 A O 6a 1959—JAJ 6s perpetual stock. JAJ O'Gar* Goal 6s '66 op aft'Oi MAO 45 AAO Leblgh Goal A Nav fund 4s '48 JAJ Oons s f g 444a 1954 JAJ Cons a f 444s 1954 ser G„JAJ Lehigh Valley Goal— 1st A ref 5a 1934 FAA FAA 1st A ref 5a 1944 lBt A ref 6s 1954 FAA 1st A ref 5s 1964 FAA 45 79 M 18 _JAJ 10.50 90 Norwegian Hy-Eleo Nitrog OorpRef A Imp 544s *67 aer A MAN 89% Lawrence Portland Cement Go— 88 80 ♦ 65 60 98 Hawaiian 25 89 Line Eq tr 5s 1933-1939 (s-a).MAN North'n Elec Go Ltd 5s '39.JAD 1244 50 Deb g 544s 1942 deb 5 44s'42 J AD Go deb 6s 1244 Lautaro Nitrate Go— 92 69 Hall (F W) Printing Go— lit m A col tr 544s '47 Int HAN Ham-Am Line 6 His eq'32-'40 JAD Hanna (M A) North Western Refrigerator Lane Bryant Inc— 8 f deb 6s 1940 with warr.MAN 44 Bid. Bonds. Ask. Bid. Kreuger A Toll class A ctfs of dep for secured 5s 1959—MAS Kroehler Mfg deb 544s '34—JAJ Debenture 544s 1935 to *38-JAJ| Lackawanna Steel 6s I960—MAS Lake Superior Corporation— 1st A coll tr gold 5s 1944—JAD f 91% 6% notes 1938 ft Gulf Oil of Pa deb 5s 1937—JAD s Sinking fund deb 5a 1947—FAA Gulf States Paper Oorp— 1st s f 6%s 1943 with war. JAD Gulf States Steel 85"" 78 ft 1950 ser A GreyhoundOorp Ask. Bid. Bonda. markad **t" and Inooma and dataaltad bonda. Bonds. J&D15 87" 72 s Sale price. Union t Less 1. 7s 1946 s Minimum 40 76 JAJ 65 RhinelandsrjPaper 544s '37-MAS Rnlne-Maln-Danube7s I960 Mfr.S 53% Richardson A Boyn 644s '37-J AD Richfield OH of California * Ool tr 6o 1944 ser A MAN 8% / Otfs of deposit-.!.. 8% Rlma Steel Ooro 1st s f 7s *55 FAA / Rlordon Pulp A Paper Ltd— 20 1st 6s June 30 1942 JAD30 32% Roch A Pitta O A I 5s '48—MAN Rocky Mtn Fuel 5s 1943........ Rhelneibe 75 35 80 39 35 36 42 65 48% 48% 12 18 28% 29% 43 31 2944 70 68 75 .... .... 40 price established June, 1933.] INDUSTRIAL & MISCELLANEOUS BONDS 85 NOTIOI.- •All bond prices are "and interest" except where marked "f" and income and defaulted bonds. Bid. Bonds. Roman Catholic Church 6Hs 1946 45% 38% Rom Oath Church Welfare 7a 1946 Root Glass Co 1st 6s'34to'37F&A Rowntree Ltd 6s Royal Dutch Co— . _ 92 22 A&O Rueplng (F) Leather 6s. 1933-'38 Ruhr Chemical 6a 1948 A&O Ruhr Housing 6 Ha 1968 J&J 40% 93 26 45 s 31 Ryeraon (Joseph T) & Sons— Sink fund deb 6s 1943. M&N fc 85 100 St.. Clair Furnace 1st 6s '39-F&A St. Joseph Lead Oo— Conv deb 5H8 1941 96H M&N St Leula Gaa & Coke Corp— 1st M a f 6a 1947 10H JAD s 81 Louis Refrig & Cold Storage— _ 6s 1942 J&J St L Rky Mt As P 6a '66 «tpd-J&J St. Paul Un Stk Yards 5s '46 A&O St. Regie Pap 6He 1934 Santa Ana Bug 8s 1931 Saxon Pub Was ft* 100 82 H —1937 Deb 4s 1946 with warr Ask. 65 39H 32 % 97 12 70 41 A&O / 15 (Germany)—_ 1st extl ■ f 7s 1946 Gen & ref flHs 1951 6% notea 1937 Schulco Oo 6H8 1946 Stamped (July 1933 Guar —F&A M&N J&J fc A&O — Scripps (R W) deb 6He 1943 F&A Scuflm Steel lit 6s 1941 A&O Security Mtge 6s Sept 1 *45 ser E 6% bonds Apr 1 1946 ser F— Seneca Copper 7a 1933 Servel Corp (new) 5a 1948 Sharon Steel Hoop— let s 50 65 66 30 30 46 76 M&N 78 79 Deb af 5a 1949 with warr. A&O Shell Pipe Line a? 5s 80 79 80 83 37% f 45 Shreveport-El Dorado— 56 Bhulcs Bread 1st 6a 75 . » - 55% 99 95 96% — 101^ 79% Snider V~l/. J i'CYY L US yr 1st 6s 1937 8 yr 1st 6s 1939 1 37 36 5% gold notea 1942 Southern Advance Bag & Pai 96 Southern United *VW UO w 5Hs / >/ ff Dairy Products 6 1938—... M 14 13 9% \*f O' — 39 12" 5 1st e f Ks 1Q48 31 72% 70 32 34 6H% unstamp A w w 1937 M&S */ 12 7s stamped 1937 / U United Steamship 6s 1937—M&N 82 United Steel Works (Germany)— with warr.J&D 6H« 1947 with warrants.. J&J United Steel Wlcs of Burbach s f 7s '51. A&O J&J 6H% serial notes 1934 M&S 6H% serial notes 1935 M&S 6H % serial notea 1936 M&S 6H % serial notea 1937 M&S 0H% serla notea 1938 M&S 8H% aerial notes 1939...M&S 6H% serial notes 1940 M&S 3-yr 0% notes 1933 J&D W434 26 955* 33 20 23 H 24H 90 64 Victor Fuel 1st a f g 5s 1953.. J&J Va Iron Coal & Cose 5s '49-M&S 25" Walworth Co 1st 0s 1945—.A&O Deb 6Hs'35 ser a with war A&O 37% 39H Without warrants Ward Baking 6s 1937 35% 62% f 6a 65 A. J&J B. A&o 70% M&N 75 35 34% _ —M&N 1940 Wickw Spencer Steel 7s '85— J&J Certificates of deposit— Wickwire Spencer Steel Oo— 33 / 3 - 91 Witherbee Sherman 6s 1944— Certificates of deposit 92 4.55% 102"" 70H Wood (Alan) Ir & St 6s 1944 Woodward Iron 5s 1952 1st lien 6% notes 1937 Yellow Mfg Accept Corp— J&J F&A lat m s 48 1st m 15 734H 11* F&A f 5a 1978 aer A 5s 1970 ser B 98% J&J A&O 0H % notes 1934 Youngst 8h & Tube— 48 77 78 16 15 EXCHANGE SEATS. 88 H 33 35 28 96% No. Last Sale N Y Stock Exch—1,3758164,000 950 N Y Cotton Exch.. 450 19.500 N Y Produce Exch. 1)577 N Y Oof & Bug Ex. N Y Curb Exch... 344 550 6,000 32,000 950 19,500 4.600 77 139 30 7".B66 5,000 Chicago Bd of Tr—1,550 Chicago Stock Exch u470 9~506 8",000 6,500 7,500 94% Cincinnati Stk Ex.. 83 65 68 Cleveland Stk Exch Columbus Stk & B. 61% 65 Denver Stock Exch. 09% 65" 65 65 100 Detroit Stock Ex— Ft Worth Gr & Got Hartford Stk Exch. Kan City (Bd of Tr) Los Ang Stock Exch Los Angeles Curb Ex 41 % 18H 37 Louisville Stk Exch Mllw Grain & Stk. 50 41 12 19 500 90 65 20 1)266 217 68 88 1,000 185 200 206 Pittsb Stock Exch. 2.200, 115 19 1,800 cl.000 2,200 1,800 Montreal Stock Ex. 66 98 9 aPortl'd Stk&Bd Ex 8) 18) Salt Lake Stock Ex. 100 1,750 1,750 3o"666 2,400 2,100 50 51 San Fran Stk Ex 75 St Louis Exchange. 27" San Fran Curb Ex. Seattle Stock Exch I Washington Stk Ex J&D15 91 34 28 93 % M&S 31 32 11H 8',500 29 New Orl Stock Ex. New Orl Cotton Ex 20 1,200 K500 t1,125 Phlla Stock Exch.. 57 if h l'.eoo 214 544 21 66 500 70 Minn Oh of Comm. Minn-8t P Stk Ex. % 64% *f 16% mm Certificates of deposit / 5 Sec conv 7 %a 1932 M&S */ 18 Wleboldt (W. A.) & Co. 5Hs "AO. 53 61 93 79 It* mmm, 38 35 Pr lien & coll 7s Jan 1935.M&N 1042* 100 % 18 63 81 72 80 38 65 SVarner Bros Pict 6s 1939 ser ser Willys-Overland 1st 6H« *33 M&S 36H 22 a 27 Boston Stock Exch. Buffalo Stk Exch— 33 l '53 mmm>m 25% Baltimore Stk Exch Universal Winding Co 7s '37.J&J Camp Pack.—6s 1948 Us s Witoop & On 1st fla 1941 —A&O Wise (Wm H) & Co 8s 1938—J&D 114 M&N Vanadium Corp. of Amer.— Conv deb 5s 1941 A&O f 4 49 96% 100H 57 U S Steel 5s 1951 U S Trucking Corp 5Hs '43—J&D Universal Pipe & Rad 6a *30.J&D Van * 26 H J&J 100 Union Oil Oo of California— 6a May 1 1942 Ser A F&A 103 H 8 f g 6a Feb 1 1936 Ser O A&O 100 Deb 6a 1945 J&D 90 Union Rock 1st 6s s f 1947..M&S / 12 H Un Tk Car eq 4Hs 1932-36—A&O b 5.50 Union Term Coal Stor 6s '39.F&A 72 United Biscuit of Am 6s *42-M&N 100 United Drugfis 1953 M&815 70 United Industrial 1st 6s 1945.J&D 44 H Deb 6Hs 1941 44 H M&N United Porto Rlcan Sugar Co Van Blyke & Horton 7s 1938 Vertlentes Sugar 1st 7a 1942.J&D Certificates of deposit s Vs 68 s s 26 ' M&S k 101% — Deb 70% Trumbull Steel s f fls 1940.M&N 10-yr deb 7s 1935 ex-warr M&N F&A 1 st & ref 15 95 % White Sew M 6s '36 with w_. J&J Without warrants.... 20 36 22 44 / Western Elec deb 5s 1944—A&O Western Newspaper Union— 91H 2H 45 96 H Valspar Corp.conv.deb6s'40F&A Certificates of deposit 103% 60 1 Deb 6s w w 1948 J&D Webster O&O 1st g 5a *42 op M&S W Va Coal & Co 1st 6s I960-.J&J 91 A&O Thermold Oo0% notes 1934.F&A fc Tobacco Prod 6%a 2022 Trl-Utllltles Corp— Conv deb 5s 1979.. M&S Truax-Traer Coal Oo— Conv deb 6H« 1943-M&N15 97% Stlnnes (Hugo) Industries— Deb 7a '46 (without war.) Btrawbridge & Clothier— 100 57% ..M&S Whltaker Paper 7s 1942 12% s 21 104 M&S M&S 5%% notes 1937 Wayne Coal Co 6s 1937 Wayne Pump Co—■ 75 97 Stern Brothers 6s s f 1947... Stlnnes (Hugo) Corp— Gen 7a *36 (without war).. 100^4 Warren Bros Oo— Conv a f deb 0s 1941 65 M&S \f Stanly-Rowl-Clark 6s 1946.. Btarretfc invest sec 6s I960.. Steel Oo of Can 6s 1940 Steel & Tubes deb 6a 1943—] Stpd (July 1930 coup on) 1939. 101 Conv deb 6s 1944 ser B Texas Corp deb 5s 1944 Valvollne Oil 7s 1937 85 103 % 25 105H 6% 6% Corp 1st 7s *39 J&J 5%a 1937 Wheeling Steei Corp— 1st & ref s f 5 Hs 1948 65 \k M&S 1939— Warner Sugar Ref 7* 1941—J&D Warner Sugar Conv deb 6a 1944 F&A Westvaco Chlorine Products 90 1933. 1st m 6H« Staley (A E) „ 97% ice Co—" Southwest w mmmm Corp— 35 23 23 % 23 H ....... Without warrants Warner-Quinlan Oo— 26H 1st & ref 6s 1947 Ser A I Amer Invest 29 M 101 97 57 Bid. A&O 29 H Deb g 5s 1948 —M&N U S Radiator deb 6s 1938—F&A U S Rubber— Packing Corporation 5% Solvay f g 6s '44 J&J 10-yr 6% notes 1940 M&S Taylor-Wharton I & S 6s '42M&S lit & ref 7Hs 1946 Ser A..J&J Tetta (Leonard). Inc— U S & British Internat Ltd— 55 oa.i 39 Conv deb 6s ■ Each-Dudelange 61% ~ Swift & Co lat 8 F 0Hs 1951 Series O 98% • - 38 55 1st 1 coll 7s ser A 1937-M4—^ 1st lien coll 6Hs '38 ser B.J&D i 76% 54 36% SIlealan-Am Corp 7s 1941.-F&A Simmons Oo 5a Nor. 1 1944. Sinclair Cons Oil Corp— ni 62 74 1940—5 Blemana&Halske 10-yr7s'35--J&J Siemens & Hai-81em-8chuck— Deb g a f 6Ha'61with warMJ Bonds. Warner Co lat 6s 1944 With warrants... 30 25 Certificates of deposit—M&S / 3 Sugar Pine Lumber Oo— lat M aerial 6a 1932-1942.M&8 / 39 Sun OU deb a f 5Hs 1939...M&S 100 % 5% note July 1 1934 J&J 100% Sun Pipe Line 6s 1940— k 100 % Superior Steel Corp 6s 26 1938.J&D| Susquehanna Silk Mills— S f deb 5s 1938 J&D 18 Ulen & Co deb 6e 1944 Union Gulf Corp— Coll trsf 5s 1950 82 M&N 1st 6s Sheridan-Wyoming Coal Oo— J&J a 60 Corp— 1952— Ask. 29H - Stuts Motor Car 7Hs 1937. A&O Sugar Estates of Orlente— 1st ■ f 7a 1942 ... 61% f 5Hs 1948 ser A F&A Sheffield Steel 5H« 1948—M&S Deb 34 30 I a Shell Union Oil Corp— Deb s f 6a 1947 36" 25 on) Stamped 45 51 35 26 40 40 J&J coup f 6Hs 1946 ser B_ s it* Bid. Wells Titus vllle— 6Hs 1943 Studebaker Corp 6s 1942—J&D 7Hs 1946 without warrants 27 H Temple Anth Coal 6Hs '44.M&S */ 1 Tenn Coal I & RR 6s 1951—J&J 100^ Tenn Coper & Chemical— Ts* J&D Bonds. S druthers Seattle Curb & M _ {Wheeling Stock Ex Winnipeg Gr Exch 94 f Toronto Stock Exch _ 62 20,000 20,000 40 13 465 51".000 b Basis. are held as / This price Includes accrued interest, fc Last sale. dividend seats, 27 held by the Exchange, leaving are fixed. No open market. memberships on nrisare available v tSafe July*51932. {Prices of Wheeling Stock Exchange of Ft. Worth Grain & Cotton Exchange is Portland Stock & Bond Exchange temporarily suspended on Feb. 1 SQOactivemem^rehips outetanding. wh V Par Stocks. uo Mfg.. igo Preferred 14% igo 43 Go 10c 45 6 25 17% TOO „d % cum pre! 18 100 Victor-Monag Oo_J Border u Mfg (Fi^. Boss Mfg com 10b "3" ~6~" lOOj 95 Wallace Mfg Co¬ Ware Shoaln Mfg 100 40 2% 65" 52% . * 1 75 57% 2 62 r J 100 r Montreal Cottons (N B) I Weetamoe M (FR). Westfleid Mfg cornPreferred 100 Whitman M (NB)_i 63 Preferred - r 1001 Preferred 50" Cornell Mine (F r> ♦ 60" • Continental Life—10 60 Mo State w 40 % 41 20 j.u. 81 1 i 25 85 3 40" 10 12 10 (SO) I 35" Idellty A Guaranty Fire Corp 10 , 2% 10 3% 11 40 10 Mills Arcade Ooctou (Los Angeles)-.10 West Coast Life—1 Boston. 10 MUIb—100 10" 20 Boston 100 409 30 Oolum Nat LlfO-100 102 Avondaie Mills 400" 550 ■smondM (Bl).yf, KieretiM (Mass) , Beaumont Mfg 7 % preferred 50" Fairh Mills com_l00 Belton Mills (SO)— 1 Preferred 5 10 35 40 Bibb Mfg 75 80 11 15 draper Corp fyl BWight Mfg (Maee>. — Preferred iot 25% • ooonold M (jn 7% J Gl Falls Mfg iJM 10 37% 70 liTI GrlnnellMfg (N B). Mamilt W 27 ""% B~) If Preferred-. Notes "7" (Mass).Ii "9"" Hill Mfg Go (Me) » Holmes Mfg (BBj.., Preferred Jmi, Ipowich Mills iou Preferred iuo 2 ~2% Ailburn M (N B) 75 Eing Philip m (Fhn aawton Mills Lock wood Go (Mei 27% 3 ■5" 32% 33 ...l(/o 12" Luther Mfg (F R>._, ManemetM (N B) , 15 32% 5JMb Cutl Mills. io"t Merch Mfg ♦ iffi Go ~(M)? GarPet -20 U L«°°d Mills 100 - Preferred 100 2 3 3 14 5 15% 17 15% 100 Brandon Gorp A Glass B 2 26 I* iv).... inn NaehawenaM f NwhuaM (N H) 100 Preferred 100 Nat Fabric A Fin 100 Naumkeag (Mass) 28" 2 . Gannon Mills — 60 50 40 60 iCoiumbus Mfg (Ga) Converse (D J£)_10U 30 45" Cowpens Mlds DallasMfg lAla).10u 10 17% 41% 10 45% 10 48 (FlrejllllO 53 Fire Life insurance. Casualty A Aetna . 25 10 Aetna Life Conn Gen Lincoln Nat 80 90 Travelers 70 35 45 10 Gaines vdle Got Mlds 30 Glen wood Mills Gluck . Grantevdle Mfg_100 Greenw'd O M(S G)_ Jf,yr N atlonaIir_~25 Old Line Life 25 30 Wisconsin Nat Life I — 15 40 60 35 70 45 65 60 75 American 45 55 Firemen's Mills 40 97 — 100 2 /in II.I.5 8% 5 9% 5% 50 70 80" 40 50 10 15 Ins 24% 26% New Orleans. Pan Amer Life ... 10 13 15"" 1% 86% Copper 6 Oon Mln A Smelt.-26 Mexicana—50c 1% 1% "7" 1% 26^ 27 29J1 30% 5 32 Dome Mines . <t) Amer Alliance 10 Amer Eqult com_~ ft Amer Reserve, "Jo _ _ nf^Hrxr& sWP-l25 City of New York 100 Continental 13% 8% 6% 21% 110 25% 15% 10% 7% 29% Qoldfleld 6 % % 1 Federal M A Sm.100 25" 100 $ 42 55 50 Oonsol Mines % 10 % Granby Oons MSA 100 Power 14 18 22 39 45 12 20 35 —— S^^^y-Pbenlxl 2*. 60 Rufc8era--25i UamUomer'Cao -18 gS? a Greene-Oananea.100 Guanajuato Oons__6 30 liH 26 26% Hancock 10c 50c" 15% 14% 16% 39% 29 18% 2 'in 25 27 400 19% 2% 6% 65" 75 80 1 Poe. F W. Mfg (SO)/ 10 15 4% 2% Riverside A Dan R'^ 10 8 y°coln .. 60 """Jo ^SSSS'nf" A"fg 24 Northern 50 120 Hecla 55"" 25 23^ 14% Consul Falcon Lead Piedmont Mfg (8 G)i Common 1 8% 22H .25 Preferred 100 Evans Wall Lead (t) 14 New York. Pickens Got Mills 0% preferred 39 2 Eagle Pich Lead.-20 i0 50 Norris Got Mills Pacolet Mfg (8G)_ Preferred 100 Panola Ootton Mill ac Preferred Musgrove Mills Newberry O M (SO)/ Ninety-SixMills—.. Orr Got M (8G)_100 Preferred 41 36% Dome Mines Ltd.(t) Security 30 - 38 Oop Range Oon.100 12 12 25 "I Cusi mm 60 6 Copper OressonOonGMAMl New Haven. mm 70 J 16% Comstock T & D__l Mills (SO)./ ...» Cliff Mining.., Newark. 35 40 65 5§* 16% 8% Chief Oonsol Mln—1 Ohile 100 Ootton 10 Calumet A Hecla.2£ Nor'west F & M 30 — 4?S 1% % Calif Copper Co. .10 Callahan Zlnc-Bea^ 50 20 15 10 18% 1% Co 10 pflOO Z Go c Oerro de Pasco 20 Monarch OM(SO)i 37% 73 Minneapolis. Preferred 67 32% 68 600 Grendel Mills 18 Copper Mln Co.. Firemen's 25 ~ 97% 10 Bwana M'Kubwa— 35 20 ~ 75% A —1 25 Vot trust ctfs— Butte Gnp A Butte A hud Milwaukee. 21% 22" Lead ASulllvaiiMAO 10 140 1 60 70%| Bunker Hill Louisville. 21% 25 LIfe-_5o! Louisville Flre& Mar 40 90c Gold -.10 Zinc Preferred Indianapolis. Mills Mills pref MoUohon Mfg pref 18 Juneau Mining Amer 345 Smelting 75 m _ Marlon Mfg N O 75 20 Alaska 330"" 95 25 < 85c MINING STOCKS 29 40 30 Gaffney Mfg (S O). Preferred 20 47% 17% 27 AnacondaOopMln 50 60 10 26 97 15"" 7 % preferred 12 22 96% 15 Florence Mills Marlboro C M — ... Andes Cooper M_(t) Arnold Mining 25 Serial notes Lydia Union 5 Lauren h G M (S G)_i limestone G A M ~ in "10 LlfelllO jQO Am Central 46 11 100 50 20 5 45% 15% 80 rnmtmim Preferred B—100 26 jn Surety 19% Atlantic Mutual— Insp A Ins 15 22 MARINE INSUR ANCE 8CRIP. 33% 10 National 40 Eagle A Pbenlx_100 Easley Got M, pref(Enterprise Mfg (Ga). Fairforest Finish Co in 10 Fire Hartf Steam Boll Phoenix King (J P) Mfg (Ga) 1 45 Preferred-r._ in( QMssett Mills (NB) Preferred iqq (Fire) Hartford 64"" l\* Aetna Automobde Ins 50 Lancaster G M 20 Peppered Mfg (Me) B>- ^ O ' Preferred com 11 PamaquldM— 30% — Fireman's 15 National Clifton Mfg (SO) 100 Oilnton Cotton Mills Preferred 11 Hartford. ft Darl'g'n Mfg (8 G)-« Drayton Mills 100 Dunnean Mills—100 5 6 m «* m tm Ohlquola Mfg— AmericanCorcoran 30% (t) 21 Washington. Camden. 60 111 Springfield,Ma** Sprlngf Fire A M.25 14% Brooklyn—See N Y Camden Flre_ 5 80 damrlck 11% 40 Onesnee Mills Serial notes -£aP®r — 50 30 Judson Mills A 20 0.bo„Mm. WH).i *6 preferred Mills (Mass) 100 — Industrial O M pref. Xnman Mills Preferred 100 Newmarket Mfg Co (JN H) 100 Nenqultt M (N B) t Nyanaa M 100 1 ac — dartsvllle Got Mill*. 10 M Steam Got Go ion Nelld Mills (N B)_ New Bedf'd Got M_. M 4 Preferred Oalhoun Mills Gossett Mills. 25 Mass Bonding 434 110 75 Preferred 30" Middlesex Arkwrlght MUIb O bad wick-Hoakins26 Harmony Mills pi... FR)_. Merchants Mill.. ' Merrimack Mfg Preferred - (Maee) Flint Mills (F By , General Cotton 1 _ 47 106 Oallf-West State Life Firemen's Fund. 100 Home Fire A Marin* Occidental 10 Pacific Mutual Life Baltimore. AndersonG M (SO).J 4% San Tranclsoo. Baltimore Amer_2.50 Arcadia 35 35 43 II, Preferred 3% St.P^ulF AM— 26 Southern Mill*. Abbeville G M 10 St. Paul, Minn. 77 INSURANCE STOCKS. Bartmoutn Mig Corp (N B>.._iou 19320 23" 58 Preferred III I_ 14% 14% 5 Gent States Life 105 r Penmana.Ltd com(t) Got 50 (t) 25% 32 6 St. Loui*. 56 100 Preferred Winnsb'oMllls pf 100 York Mfg (Me) .100 Contln'i M (Me) 100 com 100 Domin Text, Ltd_(t) Preferred 100 23% 22 4 Richmond. 22 Wamsutta M City Mfg Co (NB)25 Conn M com A... Common Davol Mills uexdale ilos 35 Virginia F A M— 26 Deposited stock Life Puritan 4 3 Rhode island 28 lUu 4 Prov Wash'ton—100 Canadian Mill*. Utlca Knit Go—100 4 (t) Merchants 70 Oan Oottons.Ltd.100 Val 12"" Cameron Mills. Charlton Mills.. 100. Preferred 43 105 45 55 Oau Convert, Ltd—1 Pre/erred 7 2 Providence. Woodside Cot Mills Utlca Steam A Mob Mfg pref-lyc Bourne Mills (FR;. Ari.toi Mfg (NB;__ Cabot Mfg lye 21 45 15 45 Preferred — Association 60 Preferred 2% (N B)—1 (Mass) Preferred 50 ttosten preferred 39 10 40 10b Union Mills 20 Beutt Mills (Maae>_ 19 7 4% 28 40 10 10 Casualty—10 Pbila Life 10 Reliance 10 Victory ...—10 10 -_10 1st pref M (Mass) 100 Troy Got'u A Wool'n Mfg (F R)——600 Union Got Mf (FRi » 3 Ins Co of N A Mfrs 2d pref Tremont A Suffolk Booth Mfg (JN B|__» Preferred lwo Preferred Taber Mills Thorndike Preferred igy Beane (Danielj Woolen Mills 20 Fire 70 Common 42 Preferred Blgel-Sanf Uarpt—i / 28 Philadelphia. Union-Buffalo Mills Go Soule Mill at* 28 Westchester 85 75 Serial notes Suncook Mills pr— Co—(t) 10 —10 16% 38% 26 25 States 75 50 Preferred Skenandoah 7 5 15 Fine Spinning 100 11 Spartan Mills (SO) Jl Spencer Corporation (Fit).100 50 Preferred Berkshire 95 Southern Worsted pf (NBi_» A* 10 United 14% 28% 6% 1% 25 .—.5 Stuyvesant 55 share Southern Franklin— Ootton (Utlca)— (M Bi-100 Stafforu M (F R)—1 Stevens Mfg (F R) Barnard Mrg (FR)_» 12 Process common- Snove Mill Batea Mfg (Mey.iU0 2nd 100 B)—i 100 Mills Shawmut Out Assoc Textile Cos—t Preferred j Mfg 9 VF R) common 100 Preferred—100 Shaw Stocking Amoskeag Co pref__ Androscog M (o&e).i Appleton Go (Mmm>« Arlington M (Maes;* Beacon (N H) Preferred Amoskeag Mfg Pacific Fire 49 Preferred Serial notes Salmon Fads Mfg Sharp Mfg (N 22 Rossla Ins Bleachery A Print Wks corn- 33 29 100 (F K) 135 17 % 47 Sibley Mfg (Ga).100 Per New York (Cone.) North River —25 Southern Mfg AsU. Bid. Par 25 15 16 100 Saxon MUls 5 100 (F R). 9agamore Stock*. Ask. Per share. ttich Borden Mfg 120 Bid. Par Stocks. Ask. Per share. Per share. Morth. Mill*. par Arcadia M Algonquin Print i American Bid. Par Stocks. Ask. Bid. TEXTILE MFG. STOCKS. Oons Mining 20 26c 5% 6% 3 39% 4 28. 5 9 *1 nnnD stock, m 12 % ? Purchaser also pays accrued dividend, b Assessment paid, c Par value S700 d Price per share nnt imp h Pa* nina E -dividend, Ex-right*6* Wx^fwdeend°°'t^vlrihSnJn^Um^nfc PaIdvriniNon,in 1 ° Ex~II(lu'datingMontreal and r Toronto stock exchange.price, t New dividend., price. * Sale t Without par value, z Minimum price established on (Janadlan June, 1933.] Stocks. INDUSTRIAL Bid. Par <Y.y.Y Zollinger Mines.-.6 Per 204 20 Bay MIn A Smelting (f) Inspiration Cons Copper __20 Iron Cap Copper, 10 Island Creek Coal.l 8% 8% 28p 1% 6 6 r 216 1 r MotherlodeCoal n(t) Nevada Oon« Oop(t) New Jersey Zinc..25 New River Os...100 Preferred 100 ll% Copper OJibway Min 2.15 10% 12%c % 10% 47 % 27% I'd Patlno 70 5 25 k v * t C..25 k auis (T) (t) 17° pf tigraph Corp.. 10 d Aeolian Co pref..100 Piano A Plan..100 100 Aero Supply Mfg— Class B. (f) d Aetna Rubber (t) d Preferred 100 Affiliated Prod-- (t) Agfa Ansco (t) d 16 Afnsworth Mfg 10 (t) d 1 Air 2% Reduction Appliance... Ys Alexander Ind com 1U in 5c8 Shattuck Denn 5 Silver King Coal...5 3% 5% 3% With |30 warr.. 7 1.57 1.60 1 r 1% Stand Silver-Lead. 1 Teck-Hughes G M.i 5% Tonopah Belmont. 1 Tonopah Mining.. 1 k United Verde E&»6uc Utah-Apex Utah Copper Co 5 J% 67 10 Utah Metal * Tun 1 Ventures Ltd (t) Walker Mining 1 Wend en Copper.. .1 % 4% 65c r 1.30 25c Y 5 Ys ~4% 1 Ys Without warr.. Allesrh Steel com.(D d 7% cum pref. .100 "§"% Corp 7% pref. Amer Ship 6c Oora(t) d AmSmelt A Refg. (t) d Preferred Common (t) d Aloha Portl Oem.(t) d 5Ps Y 5% 5% 4% 17% 118% 5% 70c 1.40 5% 5% 5% 17% 101 102 % 118% 0% 6% preferred-.100 10% 15 10% 10% 07 Aluminum Co cora.t d .5 SEAL E8TATE TR * LAND STOCKS Albany Tr (Boat) 100 Bedford Tr (Bos) 100 Berkeley HotelTr (B) 1 Bd of Tr Bid Tr (O).I Bos Gr'd R'T Tr (O)i Bos RET (Bos).100 Bos Stor W'h'se (B) .1 15 a a 35 35 15 a 35 a t d American Stove. 100 Am Sugar Refg..100 d Preferred t 25 100 Am Wool Preferred Amer (t> 1 13 Anchor Cap 22% Appanaug Co A P W Paper 79" Archer-Daniels Midi d 20 — Factory Bldg Tr (B)l Fifty Associates (B)_ 12 3Ys 25% Com CI A -t d 38 Preferred 10% 20 \ a 6% 35 25" Amer 26 87 —25 d Am Can Preferred 15 1000 30 80% 120% 100 d 1 8% 8% Am 84 41% 2% 3 100 Title OyanamidA(t) 6 1st 9 20 s Stores, .(t) pref 7% —100 d Class B Am Dept 35"' 36 38 Am Preferred..... 100 Equity Co 5 1 sVA -100 Amer Hard Rub. .50 Am Express - Am Hardware 26 d Am-Hawaiian 88.10 Am HIde& Leath(t) Preferred -100 Amer Pone Prod--l Amer Hosiery 26 Amer Ice Co (t) 6% non-cum pflOO 1 d 100 d 1 d 5% 17% 10% "5% 2% 0% 18% d 15 1°Y 43% d 40 d .... 12 Com k 2 (f) d 49 .100 d 114 Brunswlck-BalkeCollender (t) d 10% Preferred. 100 48 Brunswick Terminal & Ry Secur (t) 49% Buckeye Pipe L .60 Bucyrus-Erfe Co .10 7% cum $2% d conv 3% SY d* 8% 54% pref..5 — ^3.50 IVA 37 d pref. .100 conv. 115 1% da pref (t) 12% 'iff xi 14% 4% 5% 9% 4% 9Y 14% 2% 12% t 2 3% Burden Iron pf_-100 20 "3" Burma Corp Ltd— Am dep receipts _. Warrants 19 15 Burns Bros 2% com n% 35 iff A(t) Cora class B 16 Vot tr 4 21% 67 1% 21% 7% ?7% 6i* 62% 3% Butler Bros 22% 25 Butler 12% 1 Wks_(t) d 100 Baltimore Tube.lOG Preferred 100 2 100 Bldgs pref 100 Butterlck Co (t) Byers (A M) com.-t 3 100 Preferred d 0% 9 (f) d Wyant & Fdry_.(t) d Canada Cement. 100 r 5 20 5% % 3% 4% 22% iff 6% 4% 23H 58 Cable RadioTube(t) 23^ 24H 8% 9% Campbell Cannon "8% 100 Preferred. 30 r Can Dry Glng Ale 5 d Canada SS Lines. _T r 5 Bamberger (L) 6c Co 0%% pref 100 xd 83 Bancroft (J) 6c Sons t d 2 Preferred lOfl 20 Bankers Sec Corp.5C d 1 17 2% 6 20 (James) —10 d Preferred 3 12% 15 8% 20% 2 6% 10% Bush Terminal Calif Pack Corp 25 d 100 d 5( (f) ctfs—(i) 7% cum pref_-100 Burr Add Machine (t) d Bush Term Co com (T) 7% debenture.100 Preferred..*—100 6c (t) r Preferred.. 27 r 12 (t) 100 Canadian Car 6c F(t) Preferred .25 55 25 19% "7% r Canad Celanese—(t) d Preferred 100 Canad "9% 8 Canadian Bronze "7% 21% 3 r Class B 30 7 32% 21% (i) Canada Wire Cable A "4"" 12% 49 2% Brown Shoe Burco Inc com 40% d 2% 45 58 Preferred 11% 20% 6% 42 49 44 13 11% 20% 20% k pref—(t) B (f) Bulova Watch—(t) 53 Preferred 140 24% 85 53 47% Baldw Loc 100 it* Babcock A WH..100 Balaban 6c Katx— c 8 12% 2% j| "2% 2% Al* 49 Axton-Fish Tob A10 V t 25 Budd (E G) Mfg.(t) Preferred 100 Budd Wheel.. (t) d Bullard Co (+) 2 Aviation Corp (Del) 4 d Aviation 8ec of N E1 d Preferred % 10% Am Eno Tiling—(t> d "o% 17 9 k 20 ti 25% AutoVot Machine(t) 3Y 60 11% 11 43% 4% 5 25 Atlas 21" 4 6 100 d Auburn Automob (t) Austin. NIch 6c Oo.i d Prior A (t) d 100 15 Class A 100% % Refln'g__25 d Atlas Plywood... (t) d "o% 100 100 25 d 10% Amer Oolortype—10 4% Amer Commercial Alcohol com—20 d 31% 11 13 Vot tr ctf—(t) Atlantic Tack 11% Amer dep rets 24 335* 2 (t) d Powder ""% Brown Fence & Wire 3 W Ind Preferred 9 British Celanese Ltd 192 5% 3% 34% 11% 2 43% Cigar—.—100 Amer 6 d Commonwealth— 25 d Associated Rayon (t) Atl Coast Fisheries, t Atlas "i d Ordinary bearer £1 k 76 5% Apparel Industries (+) Assoc Dry G'ds—1 d 1st pref.. 100 2d pref —100 Assoc El Indus, Ltd Am dep rets ord registered —£1 20 5 Preferred Amer Coal 87 25 d 15 1 d Am Chicle 25 d Preferred (t) .(t) 7% pref Associated Atl Gulf A 2 4 d Brit-Amer Tob regftl 12 9 11 "% Brlt-Am Oil Corp (t) d 82% 16 t B Mfg Cla-s A Bristol Brass 75 100 Associated OH 85 7 Preferred Art Metal Works. .5 11 Chain com—(f) d % Armstrong Cork 5 d Arnold, Constable.5 d Arfeloom Oerp t d 7% pref 10« 2 Prer (with common TITLE OUABANT EE & SAFE DEP08IT ST OCKS. Bond A M Guar 20 2% Casualty Phila.10 d Empire Title&GulOO Fidelity A D (Md) 20 d Home Title Ins (N Y) Kentucky Title Co 89% 135 22 1% 100 Preferred Am ¥Y 40 100 Preferred itk warrants)..100 Chicago T A Tr.100 CitySD(Alb.NY)100 37 21% Am Caramel..—100 % Class Brillo (111)— OemOlB S3 Lines (t) Properties Texas Pacific Land Trust sub shares.l :P Armour 6fc Co Canadian Am Oar A Fdy— it! d 15 % 21H J* 1 d 100 Preferred 1st preferred..100 2d preferred..100 (Washington) 5 100 Common a 20% 47% Preferred..60 Am Brake Sh 6c 7 1 % .... lu d Preferred 9 21 Am Bev'ge Corp —5 American Book..100 — a 4 19 10 Am Beet Sugar —(t) d 5 a a HotelTr (Boston)..! a Kimball Bldg Tr(B)I a New Orleans Land 10 New York Investors Common (t) d Oslumbia . Am Bank Note 300 P 100 100 11 1 50 d 28 a Preferred 3% 24% 37% Amal Leather a a Preferred East Boston Co (B). Essex St Tr (Bost)J 7 Amer Agric 15 City RET (OK-500 Congress St Associ¬ ates (Boston) 1 Devonsh Bldg Tr(B)I 6 23 34 8% Brlggs 6c Stratton it) d Bright Star El B.(i) Brill Corp cl. A t d 55% (t) (t) ... 78 Amer Agric 400 d 68 30% Biit Hotels- Bridgeport Mach. (t) Brlggs Mfg (t) 23 (t) $0% conv nref-(t) d 181% Anchor P 6c Fence(f) d 1% Andes Petrol 1 10 Anheuser-Busch. 100 187 Bear_(f) preferred Second preferred. 14 30 15 67 29% 33% 15% 60 First 1% 5% $6 pref \ t c_._(t) d Anaconda W A O.(t) d 37 20 Bo win 22 1% 5% 95 10% 100 Bower Roll 11% 40% 19 100 Wringer Am Wr Pap v tc JX 60 29 85 Preferred 112% 17% 28% 11% 45% d 25 d Botany Cons M. A60 d Bourjois, Inc (+) 87 16% 28 6c Rubber com_(t) 16 Si* 83 Armour A Co of Del 52 a 105 3 5 Preferred...100 Arcturus Rad Tube t 40 a Traveler Corp Boston Woven Hose 3 (Mass).(t) 50 a Ohlc R E Trus's 1000 50% 9 59 15 65 80 25 d Borne. Scrymser Boston-Herald 50 100 39 Preferred 7% Amerada Corp 25 Borden Co Borg-WarnerOorp 10 7% pref 100 100 44 s 1 a o 47 w Am Vitrified Prod .50 Preferred (t) d 45% 80% 111% 15% 27% Preferred ...100 Am Type Found, (t) Preferred Brass Bohn Refrlg pref. 100 Bon Ami com A (t) d Common B t d 44 103 15 100 - pref...5 d Am Tobacco com.25 08% 30% Ltd 6% pref Chem— (Conn) com (t) d $6 cum pref (t) American Arch., (t) Boston Wharf Go. J Business R E Tr (B)I Cent Bldg Tr (B)..I 62 3 (t) Inc 7 % oref iuO Bohack (H O) com.t d 7% 1st pref—100 Bohn Aluminum & 68 100 American Stores Ohem— (Delaware) 1 d share 79 25 d 100 105 Am Steel F'drles.(t) d 10% ...IOO Aluminum Class D warrants. Per a 34% 57% 40% Am Snuff Preferred Class C warrants. Yukon Gold % 34 % 3% 18* (8)— Common 5% 76 -IOC 6% second pf-100 3 Mfg 100 10 Amer Wind Glass 102 Inc..(t) Preferred 18 Am Thread 3% t ..inn Allied Mills 16 Am Sum Tob io" "2% 14 14 9% 100 13 Blaw-Knox Co Bliss (E W) Co Preferred.. ...50 2d preferred 10 d 11 5 O 70 12" Bloomlngdale Bros.t d Pref cum 7%—100 d Amer Seating vtc.f d Amer Ship bldg.. (t) d 3% Alles & Fisher..—(t) Allied Uhein A Dye Ailis-Ohaimera l% 77 .... 80 n Wright Hargreaves Mines _(t) 2% 8% 18% 6 10 Blumenthal Preferred With $40 warr.. Siscoe Gold Ltd 1 So Am Gold A Plas.l "8% 105 2 4 (f) (f) d f com 45 American Screw, loo 1% 2% 13% 27% 66% 70 33% Am Salamandra—10 d 21 10 13 Ys 9% 3 22% (t) d 32 5 "i% 7 Preferred 35 i\ 17% 0% 3% B.100 d 70 76 13% Ranor (+) d ser Preferred 60 8% partic pref. 100 Alleghany Corp U) d 5%% preferred 100 Joseph Lead Seneca Cop Min 21 Best A Co Ino (t) d Bethlehem Steel, (t) d 101H pref. .100 Am Rolling Mill..25 i Shannon 20 % cum 6% pref 1 lYs 1% (t) d St f 7% Common B Alaska Pack AssnlOO 21 Loan pref.. (t) Benson & Hedges (t) A Stand Snnlfc—.(t) d Air-Way Electric St Anth Gold M -.1 9% 1% 22% 27% 00% llP 63 Blauner's (t) k Radiator \ruer Am Safety 1 Preferred 3% 11% 20% 100 % 8 Aeolian-Weber 3% 11% 2 8 Ys 6 18 .1 .. 3% 34 7 Ys olH T 100 10% Quincy.. 16 Roan Antelope Min Ltd, Amer shares. ~3% 30 15% 15% 75 2 16% 10% 3 ... Ohem r Advance-Rumely (f) Pand Creek— Bellanca Aircraft.(S) d 80 00% 0% Bendix Aviation (f) d Beneficial Industrial Blrtman Elec Co..5 d 45c 8 90% 61% 6% 2% 16% d 00 15 1st preferred—60 50 Amer Potash & Preferred. w w—ioo Addressograph Mul- 1% Belding Hem'way(t) 20 Abbotts Alderney Dairies pref2d_100 Abitibi Pow A Pap.f Express 6% preferred Adams Mills 10 t d 4 23 1 Co.—-1 d 6% preferred. .100 Amer Metal 18J* 4% 7% cum pref. .100 Billings A Spen 25 d 40% 2% 28% 75c Maracaibo__l 4% 3% 21 80 1 28 Premier Gold M Am Maize Prod—(f) k 20% 7% preferred .100 Beech-Nut Pack__20 d 43 18 Ys # d 22 42c Pocahontas Preferred .10i Amer Mach A Fdy.f d Am Mach & Met (t) d Vot trust ctfs—(t) d Amer 15 18 76 65c 40 Pioneer Gold, Ltd-1 24% 10% 4% 3% 14 % 35 d 0% 21% (f) Mines 14% 25 50c 2C d — Locomotive _t 8% d 26 d Acme Steel Acme Wire Park-Utah— Consol Amer d (t) d 10% A com 3% 2% 2% 2% 15 Pneu Serv 15 20c" % d amer 02% % % .100 Barker Bros (t) 6%% pref 100 Barnsdall Corp Class A voting 5 Bayuk Cigars t 7% 1st pref. 100 Beatrice Cream. .25 American Meter Amer News ad 2% % 11 Ys MISCELLANEOUS 7% preferred--100 Acetol Prod A...(t) 48 Per share. 10Vs Oorp.(t) Laundry Machinery Ask. Bid. Par INDUSTRIAL AND 14% (f) Mines Enterprise 23% Stocks. Amer . 6% pref. 1 100 Abraham A Straus, t 12 ..10 Pacific Tin 2 — 10 d!4 Guar A Trust of New York...20 Title Gu Tr(StL) 100 13 %c 10 25 Old Dominion Os.26 Foamite 3% 37 %c N Y & Honduras Ohio 3^ 2 Wash Cons Tit pf.50 d 25c Rosario Newmont Minlng.10 Nipisslug Mines ...5 Noranda (f) North Butte.. ...15 — USFidel6eGu(Md) ¥ Amer IG Chem A (t) d Am Intern Oorp_.(TJ d Ask. Per share, 15 25 Amer-La France 35% 27 H 7 McIntyrePorcuplne6 3% 3 Ys 12 87 STOCKS Bid. Par Preferred (+) a 10 Casualty (Bait) Copper..26 Moss Gold M 8 Title H Stooks. Title "I % 35% Louisiana Lm & Ex t Magma Copper Co 10 a Mayflower Old Col 26 Mohawk A 29^ 20"" Lake Sh Mines Ltd 1 La Salle MinlngCorp(Can) (f) •2% Nat Title Guar..... New Amsterdam 85 % Kirkland Lake Gold 1 Coppnr Mtge Bond com Keweenaw 26 Kennecott Copper, t Miami Lawyers' M Co...20 Lawyers Westchester Mtge. A Title. 100 Nat Surety Co Preferred 1 Isle Royale Cop—25 Ask. Per share. Maryland Oas Co. 2 d Hudson Kerr Lake Bid. Par share. 9 Ys 216% 20% 9 Homestake MIn.100 Howe Sound v t c.5 Stocks Ask' MISCELLANEOUS & 17 16% 11 JgK 74 79 , Eagle Oil _(f) d Can Falrbank pf-100 r 80 ' l- 1 a Purchaser also pays accrued dividend, d Price per share, not per cent, lontreal and stock, Srice. t New Toronto stock and curb exchanges, (t) u Ex-cash and stock dividend. Ex-stock value. dividend. par v Without ft Last sale. I Par value $100. x Ex-dividend, n y Ex-rights. Nominal, r Canadian price, s s Minimum Drice established Sale on INDUSTRIAL 88 Per (f) B Class Claos B "OX (t) W* 100 (t) 16" Oont Bkg A (Vot) (t) Class B (vot)—(t) 72 Co.-100 Caterpillar Tract, (t) d 20 CelaneseCorp —(t) 7% 1st part pf_ 100 70 75 28^ 86 7% prior pref-100 Gelotex Co 80X 4 com Vot trust ctf— 7% pref IX d 1 6 Celluloid Corp —15 1st preferred (T) 17 89 (t) pref Preferred 10 Am dep rets Crane Co 3X 3X 70X 4% 10X 7%preferred..l00 Champion Ceatod Paper 100 100 100 Preferred Special pref Charts Corp Checker Cab 70 45 (t Mfg., 15 Cherry-Bur Corp (t 3 Chesebr'gh Mfg._25 d 103 2 Un St Yd stpd. 100 Preferred 20K Crown-Willam Paper lBt preferred t 84 J Crown-Zellerbach Vot tr ctfs (t) Class A pref ox 71 18 17 Chic Wllm A Prank Coal com 100 Preferred 20 Preferred 166 Chrysler Corp 6 Oln Un Stk Yds. ft) City Ice A Puel 23 X 5X City Investing-. Olsy Stores (f) Ctfs. of deposit Class A _(f) Certifs of depositClark Ea Co coin_(t> Claude Neon Lt 1 Clove Cliffs iron—" Preferred (+) d Olevel'd Quarries 100 Cleve Tractor-—(f) Olev Un Stk Yards. 1 Cliffs Corp vtc. (t) d Olinchfield Ooal.100 Preferred 100 Clorex Chemical Club (t) Aluminum-(t) duett, PeaDoay t Preferred —100 Coca-Cola Co t 14 19 45X IX I* X 10% 21 17X 63 55 ~3X 8 11X 3% 5 11 1 22^ 4 10 15 6 10 30 40 17 17X 25K 26 98X 82* 100 82 47 X 180 Zl00 ffi11? $ Alkman (f> 77~ ' 78' ' r,Jfcef #%>-—100 Colon Oil Corp.„(+) Color Pictures Iron". 166 Preferred ioo Colt's Patent Fire Arms Mfg 25 d 11 82 25 _ 4 2d pref lox OX IX 3% 12 X IX 4% 12 X 42 50 15 X 70 16 7% Deep Rock Oil A Ref 7 % pf—100 d Deere & Co com—(t) d 7% preferred 20 d Phonofilm Denv Un StkYda.(T) Preferred 100 Derby O & Ref com t d Detroit Aircraft_(t) d Det A Olev Nav—50 Fed Screw Wks—(t) Federated Dept Sts t FED Corp (t) 7 12% X 20 25 Filene's Sons 85 90 2X 3-16 2X X 2X 85X 90 21 23 7% cumlst pf__26 Pref cl B—.25 gH% o% cum pref 100 conv cl A 60 comm 1 Invest Tr. t Conv pref opt ser t Comm Solvents t Oompo Shoe— Mach vtc l Oonde Nast Pub.(t) Oongoleum-Nairn- n*r°ferr%r Congress Cigar t 10° t Consol Aircraft—__+ Consol Auto Mer vtc Consol Oar Heat-100 Gonsi CigarOorp- (t) Dominion 13 cum part pf._t Con i Laundries— (t) Consol Oil Corp—(t) ► 8% preferred—100 Consol Retail Sts f kL 8% pf with war 100 12X $7 conv 60" 2X 18X 2X 18 X 63 Preferred t 100 (f) 6% 90X 4X conv Driver Harris Co 100 Preferred 100 44 Gamewell Co (t) Gardner Denver c(t) Garlock Pack—.(t) Drug. Inc.— 03% Gen 10 9 Alloys Co _■ General Gen Aspn com._-10 Transportation—5 20 stock—100 conv 22l" 2 2X 2X 3X 25* 29 49 X 50 21X 40X 100 22 42 4 27 X 24X pf_100 1 100 3 ox 50 " ~3% 7% 6 5 10 Hanley Page Ltd Am dep rets pt pf 7% 5X 25% k —— 1 ---- (M A) 1st 57 cum.pref (f) Happiness Candy Stores class A t d 73 ' 75 X X Harb-Walk Ref— i% d Common Preferred 19 72 100 B 85 d 1% d Hartman Oorp cl A' Class 18% X i'<4 X Hart, Schaffner A Marx 100 11 33 75X 107 75X 108 Hat Corp class A—1 3 0X% cum pref with warr 100 Hathaway Bak A( Duplan Silk _t 8% cum pref. .100 DuPont (E I) de N A Co com American 27 107 Hanna 2d Dry-Ice Holding.(f) Dubilier Gond'ser (t) Deben 36 X pref. 100 preferred-t Gabrim Co. clA—t 25" X IX 2* t Sug common 60c. Fuller (G A) Co— Partic pref (t) Draper Corp T Dresser (S R) A—t Class B f _ 10 d Hamilton Watch, (t) d 56 pref 100 Hammermill Paper i 20 43 12 9 100 20 102 (W S) Printing vto 100 56 Drug 40 ' 23 Hall r Freeport Tex Co.. 10 Preferred 122X 30" Halle Bros...--..10 Preferred 100 Hall Lamp com. -(f) k Franklin RySup.(t) Dow 14X 177 120 100 Preferred Mfgi Eraser Cos Ltd 19 24 Hale A Kllburn— 17X 55X Fox Film cl A iF — Dow Chem com 33] 21 174 1 100 Preferred 4 1 Douglas Aircrf (t) Douglas Shoe pf.100 32^ IX 3! 7! Groc St Prod v t c25c 10< 105 X 29 J 12 X OX % (t; 100 26 24 Tea Gulf Oil Oorp 25 Gulf States St'I__ (t) 1st preferred. .100 Hahn Dept Sts__(t) pref—_(t Franklin (H H) Preferred 14X 55 19 (t) Foreign shs A—(f) Foundation Oo(Oan) 14X 47 Preferred 1O0 Greyhound Corp_(1\ Grlg8by-Grunow..(t ... Foundation Co 20 X 14 13 2 Class B t Ford Motor France. Forem't D'y Prod(t) Conv pref 92X 14X 12 d Foster Wheeler— 87 101 t Ford Mot of Can 100 Fostoria Glass Preferred Guantanamo Guar Tr rets 65 13^ 10 Grnfld Tap A Die. Ford Co Ltd— 89 Station com Gt Atl A Pac Non vot com Preferred 60 5 36 X 35X 74X Gray Telephone Pay Preferred 100 Great Nor Pap 25 Great West bug..(t) 4X 35X 73X 16 d Gt Lakes Tow.—100 15 25* (f) Graton A Knight.-t Preferred100 T) 9 33 X 4- 42 A u 112X 95 Class A n 40 100 Dunhlil Internet, (t) Sffip!dww-10" OH % pf ex-warl00 60 14$ It* 100 4 12X (t) Bdge.100 Stores.(t) (f) 59 111 86 Preferred Domin Textile Preferred 75 21X 6% pref. 100 Follansbee Bros. (t) Food Mach'y (j) 50 d Domln Rubb pf.100 Dominion Steel A Coal B 0% 1st pref..-100 First Nat Stores. _(t) 7% 1st pref...100 Fishman (M H) Florsheim Shoe comf Dominion Glass. 100 Preferred 100 Commercial OreditlO FlrestoneTARub-10 9 .... 85 27 Vs DIGiorgio Fr't units. Dixon (J) Oruc__100 Doehler Die-Cast (t) com.t Cwium Carbon vtc (t) OX % cum pref 100 27 X Dom Coal pref. .100 Columbia Pic 73X (t) 24 100 t A Granite City Steel (t) d 17X 8X 16X 87 X 21X 5th Ave Bus Sec. 22 103 % 100 Tire Grant (W 17 X 23 X Dictaphone com.(t) + 12" 21X 1 Grand Union Co— 1 d S3 pref (t) d Preferred 100 Flintkote Co cl A. (t) „ OolO & G vtc— (f) Co Preferred Fisk Rubber mmm 1 Hosiery (voting) _t d 7 %pf(withwar)100 Graham-Paige Mot.l d 272L 135X _1 & Brewery (Marshall) Field 6X % pref (with warrants) 100 Preferred FIdelio 18X 12X IX 100 Diamond Match _(f) Preferred 25 Diamond Shoe— Tr_.(t) Flat Am dep rets. 3 75 6 • 11% S3 pref with war-t d 6X 2X 18 12X 12% 74% 5X X Gorham Mfg vtc.(t) d Gotham Silk— 20* 2 Raynolds Inc 1st pref 100 Class A (non-vot)t d Dexdale Hosiery. 100 Dominion t 4 IX 4X 102 pfd-t Gorham Inc com A.t P pref—100 Fedders Mfg A—_(t) Federal Mot d Amer shares Preferred cum Faultless Rubb. $0 cum conv Gold Seal Elec Preferred-- 10 Decker (A) & Cohn Common A t d A 9X 20* Fashion Park Aaso.t 4K 24 4 12 X 12 % Rubber com., (t) d $7 1st pref (t) d Goodyear T A R of California pref... Goodyear T A R of Canada com—(t) n Fansteel Products (f) 11* 55 20 Gold Dust Corp v t cl Goodyear (+) Preferred 86 Debenhams Sec— Preferred B'casting System Inc (t) Columbia Bak comt 1st preferred + ^ 11 66 t _ Devoe 19H Collins Co ioo Colonial Beacon Oil t 1 A__ DeForest 19X Columbia Conv 7% cum pref—(t) $8 cum pref t Cutler Hammer. ft) Darby Petroleum (f) Davega Sts Corp. .5 Davenport Hos'y (t) 2 14 52% 4X Preferred 1 Glen Alden Coal—t d Glidden Co t d Goodrich (BF) Preferred Players Can Corp com-.(t) Voting tr ctfs— Fanny Farmer Candy Common (t) 2Vs 5X 9 13« d Glmbel Bros mtrnmmm X Pacific East.Corp. Famous 49 X IX J (t) d Gilbert (A O) (t) Gillette Saf Rax. (t; d $5 pref. (t) d Change of name to 5X 10X (t) 18 (D Inc.—(t) preference—-20 GoldmanSachsTrad l Fairbanks Morse. _t Preferred 100 _ A Gobel (Adolf) Co..5 d ffajardo Sugar.—100 Falstaff Brewery. .1 CurtissWrightCorp 1 17 preferred Co Fairchild A via A X 55 6% cum pf A—100 Globe-Wernicke -100 k Preferred 100 k 100 25 Otft of deposit. 8%non-vot pf_100 Ctfs of dep.. 100 31 5 J 7% prior pref. 100 Globe Underwriters 2 5 14 (t) Oushman's Sons (f) Colo Fuel A Cuneo Press 10 X (The) Ohfc—t Fairbanks 48 X 50 Cudahy Pack Cumberl Pipe L rets 1 Oolgate-PalmolivePreferred tc Clean Preferred-. 59 9 100 t IX 25 (+) Coca Cola Intern, (t) d 165 Peet v 10 Curtis Pub com—(t> 11* Class A „ it* 11* Cuban Tob Fair 2X 10 x 1 Cuban-Am Sug Preferred Chic Yellow Cab Chllds Co com (Cleveland) —(f) Co 120 12 28 Ex-Cell-0 A & T_(t) Exch Buff Oorp—1 23 50 X 100 Preferred 53" Pipe L—100 Evans Prod 41X 4X Crucible Steel—100 Cuba 100 &H%cumpf„100 Class B d UX Gibson Art (SM) Dairy 7% preferred 16 84 d Eureka 101X Georgian 22 Evans 22 pref—-(f) 125 d —(f) pref— conv 10 19X 100 Chic Pneu Tool 65 100 Eureka Vac & 34X 100 $0 preferred—(t) Gen Theat Equlpt Conv pref vtc-(t) Gen Tire A Rub--25 Equit Office Bldg(t) 36 (t) 60 pfwithwarr.(t) Preferred Endicott-Johnson. 60 ~4X Preferred Chlckasha Cot O-10 d Chic June Bys A $3% Crown Cork Int A 1 11H General Refrac 1 Gen Steel Cast com f preferred..100 Preferred 4 Ink—(tj Gen Ry Signal com t Emp Uapw Oorp.(t) 3X X 6X Crown O'k A Seal (t) Preferred $6 Seltzer class A_(f) Crown Cent Petrol (f) t .v Emerson's Bromo 9X 19X Crowley Milner__(t) 108 Chestnut A Smith Com vtc GenPaintCpA (t) Class B com (t) 1st preferred—100 2d 88X Advertising A—t Ely Walker DG..25 80 8X 5% pref (t) Outdoor— General ■fllgln N Watch... 15 Elizabeth Brewing. 1 Elk H Coal Oorp—t Preferred 50 6 Preferred 17 X 12 OX d ..: 100 5X Grosley Radio—(T) Crosse & Blackwell t CrowellPublish'g (t) 70 # 102Z*< 32 X (t) — 1 Mills 26 Preferred 100 Cream of Wheat—t Creole Petrol 5 Crock-Wheeler !*< Corp.(t) Gen'l Print OX 9% 26 UX 35X Electric Boat 3 Elec A MusicalIndus Am shs—— Elec Stor Batt * ord£l com 22 X 6% cumpref—100 General Motors--10 — 5 8 .100 General Sts— 100 Preferred 7% 15X 32 M 39 X 110 <4 Fireprooflng—t Preferred Gen Foods preferred 100 Eltlngon Schlld (t) OX % 1st pref. 100 Electric Auto-lite (5) d Courtauds Ltd- 10c Gen Eisemann Magneto t d 100 Coty Inc 10c Preferred 100 Oert'n-Teed Prod—' d Preferred Pref ctfs of deposit 27] Centrifugal PipeCentury Bib Mills, t d Edison Bros 100 Preferred Central Aguirre Associates (t) d Central Airport .(t> d Central C & O —100 Preferred 100 1 6 Eisler El Corp—(t) . 28 50 IOO Easy W Mach B_(t) Eaton Mfg Co 1 Economy Grocery(t) Oosden Oil Com ctfs of deposit 35 5 Preferred 10 Preferred — Eastman Kodak—T Cooper Bessemer. .1 S3 cum pf A w w_t Corroon A Rey'ds(t) $6 conv A pref (f) Cord Corporation. .5 Corn Prod Refg—25 104 4 Co pref— t Gen'l Bronx —5 General Cable—(t) Class A (t) 7% pref. 100 Gen Cigar common t Preferred 100 General Electric, (t) Special 6% stk.10 Gen Electric Ltd— An dep rets £1 Gen Bak 79? 1st pref—100 $3.50 cum pref-(t) Oont'l Oil (Del)— 5 OontWdScrewcomlO 20% Equities Eastern SS Lines Pf(8%)(non-v) 100 Continental Can..20 Oont Diam'd Fibre. 6 Continental Mot—1 Case Lockwood A Lock East Roll Mill t 300 69^ 100 Preferred Eastern Mfg Prior pref Eastern Container Corp A-20 Case Brainard Eagle 8 7 (J I) Co Stpd ctf— 100 (t) .-25 Warrants 8X 19X Gen Baking..—6 Preferred 6% prior pref-100 7% 1st pref 100 Class B Ash. 1 Gen Aviation Corp. Duval Texas Sulp - Carnation Co. 7% pref Carrier Corp Bid. Par share. Hosiery— 100 Durham Consumers Co com 5 1 Stocks. Ash. share. Consol 4§ Carman A Co A__ Bid. Par. Consol Royal Oil-10 Textile 1 120 5% 4X Can Power & Paper. Oarlb Syndicate. .25 Stocks. Ash. STOCKS Per share. 116 56 Canadian Oen El 100 Preferred50 Can Indus Alch. (t) Bid. Par. Stocks. Ash. Bid. Par Staaka* MISCELLANEOUS & 11 20 ClassBvot tr ctf (. Preferred (f) 15 25 2 60X 01X Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale, n Nominal, r Canadian price, s Sale price, t New stock. u Ex-cash and stock dividend, r Ex-stock dividend, x Ex-dividend, y Ex-rights, z Minimum price established on Montreal and Toronto stock and Curt exchanges, t Without par value. * 2X Hayes Body t Haytian Oorp of Am Haxel-Atlas Glaas.25 3X june, 1933.] dtooka. industrial Par. Bid. Stocks. Ask. & Bid. Par. Per share. Haxeltine Corp t Hearst Oonsol Pub— 7% cl A 25 KeUy-8prlngf Tlre.5 6% 20 19% H Rubens tein (t) $3 pref. Helme (G W) Oe -(I) Common...—26 85 100 125% J.UUVUlV.ftl d 8% Hercules Powd (f) d 33% Preferred-. inn 100 vwvd d 9 d 54 d 78 12 k $ 93% 130 10 . 34 104 13% 54% . 5 20 2% 13% Klelnert Rub - 14 £* (t) F i 7H 100 Amer shares 22 Horn (A O) com—(f) Horn & Hard't(N Y)t 5 Preferred w 23 HsndalUe-Hershey Class A Class B (t) New 52 Kress Hupp Motor Baking Lake ft 100 (t) d 8 100 Am dep rets ord £1 68 1 Lerner Stores Preferred 100 Indiana Pipe Line 60 d Indian Motocycle t d 7% preferred—100 14 7% A* Indian Bef com 10 d Indiana Terr Ilium— 3 6% 5% if) Indus Accep Oorp.t 4 100 Educational— d Int Merch Mar— (f) d Int Nickel (Canada) t d 7% cum pref..100 d Inter Pa per7 % pf 100 Int Pap & Pow A (t) d Class B d Class O „ (f) -» j com Preferred (with com RazB—it) 100 Preferred100 IntTextBook new (t) Interstate Dept Sta.t d Prfferred 100 d Interstate Hos'y.(f) mtertype Corp i r d Irving Air Chute. (1) Jewel Tea d —it) d Jshns-Manv Inc.(t) d Preferred .100 Johnson Tin Foil — A Metal 100 Jonas AN aumburg (f) $3 cum pref—(t) Jsnes A Laugniin Steel 7% pref. 100 K O Stk Yds Me.100 Preferred 100 Kaufman Dep St Com. 12.50 d Kaynee Preferred oZ* 28 f Liquid Carbonic T Locomotive Flreboxf Loew's Inc 1 33 — 10 94 8 2% 1 :h 13% 10% Long Bell Lum A (t) Loose Wiles Bis.-25 preferred--100 20 62 3% 18 4} 333 20% 64% 5 3% 4 38 116% Louisiana Oil Ref (t) 97 6%% pref —100 Ludlum Steel. 1 $6% cum convpf t MacAnd A Forbes 10 Preferred 100 1UU 9% I* 8 100 14 Macfadden PubPreferred 12% »Inc (T) Mack TruckB 58 Mad Sq Gar ▼ t c (t) 2% 2% MaUison (H R) 3% 4% 39% 118 100 Preferred iS?* 20% 108 2% 18% \iH 40 49 20% 21% 80% 75 35* 60 3 2% 9% 3 13% 35% 61 4 2% 12 49 2 2% 6 32*f 30 10# 14 4% 5 7*1 8% 41% 38 42 38% 100 78 Manhattan Shirt. 25 Manlschewitz—. (ti Preferred 100 7 12% 8 100 Manning Bowman A Oo class A—(t) (t) 1 Maple Leaf M1U. (t) ion Preferred it* 6% 16 Maracaibo Oil Expl t 40 .... % 3 "1% Margay Oil Oorp.(t) 3 % 10 Midland—10 8% Marine 9 Marlln Rockwell Corp v t c. 76% 62 64 6% 6 77% .68 70 6% 15 77 13"" 13% 20 26 Preferred——100 1 17% Marion St Shov—(t) Marmon Motor Cart 1% 28 29 20 % 6% 80 9% 4% 42% 8 9% 7% 18 19% 6% (f) 4 19% 19% 6% % 9% 8 1% 2 2% 4% "3 (t) Baking, (t) Preferred.. —100 Nat BeUas-Hess 1 100 10 54 100 d 135}< t r 100 (t) - (t) preferred.-100 Nat Casket com_(t) Preferred S7 (t) conv i:1f pref preferred-.100 cum — (t) pref_(t) Nat Enam AStpg. (t) 7% pref A 6% pref B 100 100 National Leather. 10 Nat Licorice com 100 Preferred. 24 30% 85 122 34 125 83 38 86 19 5 12 .100 Nat Ref com M 67 63 71 13 62% 4% 19% 19% 18% 18*' 108* 111 114 117 92 18* 97% 2% 6 10 4% 22 7 80 il* 98% 5% 16 J 98% 20 2% 3% 3 3% 5% 4% 15 39 7 9 1% 6 1% 10 % 8 % 8% d 1 Parke. Davis Oo. (+) Parker Rust Prf. - (t) Park A TUford Inc 1 d 21% 21% 45 46 27 27% 10 Corp Trans, (t) d Parmelee A.._f+) Patterson-Sargent (t) Peck, Stow A W He 26 Peerless Mot Oar.-3 Pender(D)Groc'y At P snick A Ford—_t Pref class k d d 2% % 3% 1% 2% 1 3% 18 2 1% m.rn 1% d 25 30 d 44% 45 38% 6% eumel ApflOO 102% Penn Coal A Coke 5u d 3% Pa-Dlxle Cement.. 1 5% Series A pref—100 17 39 Penney (J O) Co (t) d Common Mfg—50 45 2% d Penn Traffic 43 W* 76 12% Pantepec Oil Co—-t Paramount Mots. (T) Paramount-Publlx Penn Salt 4 5% 20 46 2 19 6% 100 37% 5* 1% 3 40 16% 1% 3% a Purchaseralso paysaccrued div. d Price par share, not per cent k Last sale, a Nominal Noc r Canadian price, rights, z Minimum price established on Montreal and Toronto Stock and Curb Exchanges. 1 Without par value. SteelProd(t) Oppenheim Collins, f Orpheum Circuit... 8% preferred—100 Otis Elevator— (t) Preferred 100 Otis Steel 1 Prior pref (vot). 100 Outboard Mot A.(+) Class B IT) Outlet Co com. —(t) Preferred. -100 Owens-Ills Glass -25 Oxford Paper pfd 6 % Pacific Ooast Co_ -10 1st preferred.- (+) 2d preferred., (t) Pac Eastern Oorp.l Pacific West Oil. (t) Packard Motor—10 Palrpoint Corp -100 Pan-Am Airways 10 Pan Am Petrol A w 14 Ontario Pathe Exch Ino.-(t) d 11% Nat Rub Mach-.(t) Nat Screen Serv.(t) Nat Service Oos.(f (f 18 20% 26 Conv part pref. 10 87 4 Corp v t c.t A—1O0 Preferred Transpcom.. - 5 d Panhandle P A R__ t d Preferred 100 5% 98 Nat Pap A Type.100 d Preferred 136 23*1 18% Nat Dairy Prod.-(f) Preferred cl A-100 Nat Dept Stores...! $2.60 4% 54% 30 50c. Nat Fire-Proofing 60 38 4% 14% 75 Preferred 50 Nat Fuel Gas (t) National Lead—100 35% Maytag Oo 1 1st $6 pref (t) 13 con cm pf— (t) 22 13% Nat Aviation 3 Mavis Bottling A--1 Mayflower4Assoc_ (t) May (The) Dept 6% 9% 2?* 1 28 108* Stores Oo com..10 5% 110 17 Omnibus AV* 7% 175 50 Preferred 100 Oilstocks, Ltd...—t Okonite pref 100 Oliver Farm Equip, t 6% pr pf w warr-t 22 National Nat DIst Prod 16% ..100 Preferred 2!H $7 conv pref it) Munslngwear Inc.10 Murphy (G O) Oo 8% cum pref--100 Murray Corp 10 Murray Ohio Mfg Myers (FE) A Bro(f) Nash Motors—_(t) Preferred 30 45 Ohio Leather —-(t) Ohio Oil (t) 3 Mount'n A Gulf Oil 1 Mountain Prod—10 Mullins Mfg (t) 1st % MarshallFleldA Oo.t Martin-Parry Cor.t Mathi'son Alkall_60 18 3 48 21% 7% 3% 50 — 21% Moto Meter G A E.l Motor Products t Nat American -(t) Ohio Brass pref—100 Class B + 9% - Nat Acme Oo 5 7% 137% Rubber 22 45 t Class A 25 Morse Twist DrUl A Machinery.-100 $2 8% 12 Novadel Agene—(t) Ogilvie F1 Mills—(t) Preferred 100 75% 19 3 Nat Cash Reg Nat Container "2 % 5% Norwalk Tire A 16 74 2d preferred--100 Nat Oarbon pref. 100 Pref class B—100 26 N'West Yeast—100 Preferred Class A (t) Moody's Invest Serv part pref (t) Moore Dr For A_(t) Morrell (John) A Oof MorrIs(Phil.)AOo 10 Morris (Philip) Cons National BrickNat Candy 2 N'west Eng com_(t) 22% 1st 2 Class B_ 3% 18% 22% Preferred 12% 33% North German Lloyd Amer shares North A Judd t Nat Breweries 75 Corp convpf—(t) North Cent Texas_5 No European OH Ward Nat Biscuit 47% 7% North Pipe Line--50 Co common 9 1 Amer Avia.l North am Warren 49 8 Mangel St com.-(f) 6%% pf w w—100 16 North 23 47% 8% Mandel Bros Ino_(t) 29 12 OhUe Noma Elec Corp_(t) Monsanto Oh WkslO d 8 49 3 12% A Preferred 25% 7% 65 10 . 3 3 48% 17 13% 73 100 Nitrate Corp of ctfs for ord B 2% 3 25^ 3 i% FUe_. (t) Nlles-Bem't-P'd (+) 7% 34 ManatI Sugar—100 Preferred 100 25 21% 65% 1% 100 -100 35 1 9 10" 38 Y Merchandise— First pref 7%-lOu N Y ShipbuUdlng—1 d 4 Voehrlnger pf .100 Mohawk RubD-.(t) Preferred 100 Mot Wheel Corp—5 1% 1 (t) dk Common .25 Nicholson 100 Minneap-Honeywell Regulator 6% pref ser A.100 k Mlnneap-Mollne Power Implem..t d $6.50 cum Dref-.T d "l% 18% 100 Preferred Mo Portl Cement-25 75 75 "3 A Mock Judson 100 preferred.-100 10 (I) common 89 90 Lord A Taylor.-100 2d Miller 89 % 140 Loew's Boston Th 25 LorUlard (P) Preferred 28c —.100 Kayser (Jul) A Co.5 d Keith-Albee Orph— 7% preferred.. 100 KeUogg Switch A 810 28% 5% 3H $6 % cum pref with purch warf d 15 3% 10% 4 1 Second pref N Y Dock 1% 6 17% t Sons Pref 6%% 40 4* Mldvale Oo Montgomery (t) 100 sh 8 2% 1st preferred.-100 37% ] in 25c t . _t d inter Silver 11 50c 37 10 $2 non-cum 6 10 1st pref I.oft Inc 4% N 100 dlv (t) 4% —. 1 d N Y Investors Inc(t) d First pref 100 11% 3 70 N Y Air Brake 7% pref Loew's Ohio Theatre 5c 56% 2% 1% Intl Rustless Iron—1 Internal Salt Internat Shoe l\* 4% "Ik 1% % com N Y Transit 20 121 1% 1% 3% 11 4 14 19 Wks.t Lion Oil Refg d c—(t) 2% 14 New Mexico A Arlsona Land— 1 N Y Auction—(t) 4 3% 68 Lima Macy(R H)Co Inc war)...100 Internet Prod—(f) Intl Saf 89 130 Link Belt Oo 100 pf-100 13% Lindsay Light d 100 d 88% 25 100 Locom Vo pref N J Worsted Midland Steel 35 28% 5 LIg A Myers Tob.25 Preferred New Hav Cl 60" 64 2 B 20% First pref Liberty Baking 1st com.60 d 60 d Preferred-. Pref warrants. 100 k Llbbey-Owens-Fordt d Lib McNeil A Lib. 10 Preferred 19% vtc—(t) k Royalty— $2 conv pref (t) 4 Cord¬ 50" 5 Products cem—t 20% 3% Prior pref 100 Int Business Macb.t d 120 Inter Button Hole Sew Machine.-10 9 Int Carriers Ltd 1 d 7% Int Cement Corp t d 27% i+) ({) 9 20% 43 37 t d Preferred Harvester— (t) Preferred 100 % 6% 35 100 Common 5 18 A* 62 Interlake Iron—-(f) d Interlake Steamshlf) Int Agr Cor com _t d Int Petrol Int Ptg Ink Preferred t v Bedford 70 Lily Tulip Cup_-(t) 54 102 . Int 7% v 25 Indus Finance vtc 10 Industrial Rayon (t) d InsersoU-Rand (t) d Preferred_ .loo Insur Oo of N A—10 Inland Steel (t) Publishing 20 (t) d Preferred Oil non-vot A-(t) Class B int Class A 3% 3 2 17% 65 Class B 63% 20% % 60 60 k m 16% 2% Preferred 100 k Metro-GoldPlct pf 27 d 29% age com 15 d Preferred 100 New Bradford OH. .6 d New Engl Grain Products com—(t) 1H Midland 2% 5% India Tire A Rub. (t) Rub 11 10 3 63% Lehman Corp.--(f) Lehn A Fink Prod 5 d Leonard Oil Dev.-25 intercom 9% 1% 6% 8% 15% Lehigh Valley Ooait d 0% cum conv pf 50 of Gt. Brit Alrel'd ■IX t d pref 100 conv Common. (t) Preferred 7%_100 Newport Indust—1 Middle States Pet- Lee Rub A Tire—.. 6 d Lefcourt Rlty Corp 1' Oonv pref _(t) Leh Coal A Nav.(t) Leh Portl Cement 50 Preferred Neptune Meter A (t) Newberry (J J) Co 1 d Michigan Sugar.-10 d Preferred——10 Mid-Oont Pet. _(t) d 6 65 95 7% New Machine—(t) d 31 Nelson (Herman) __5 35 Mich Steel Tube.( 36 12 18 Common (t) Preferred 50 Merrlt, Chapman A Scott.. —(t) "l% 4 35 60 -100 d Mexico-Ohio Oil. Mich Gas A Oil- 34 100 90 34% 1% 34% 20% 2% % . 8 Corp pref. 100 Mex Eagle OH Mexican Petrol -—25 9% r Imperial Tobacco Cumpref 15% Lawrence Portland Cement 100 \lH Imperial Tobacco — 28% common 8% Merrimac Hat G Mesta 20% 2% Nehi Corp com—(t) Neisner Bros.. (t) 321 MercantUe Stores(t) Preferred 100 Metron Pav Brick Lane Bryant Inc com 27" 80 Mesabi Iron 34 29 17 50 r t d Clark Registered shares, d Indepen firew'g Preferred 12% 96 6*! 8 of Canada com..6 12% 94 3% 26 Imperial OH Ltd 40 Landers, Frary A Huylers Sta (Del) (t) HygradeFoodProd -5 Hygrade Sylvan-(f) Ideal Cement— (t) Illinois Brick 16% Woods Lambert Co 1UU k _ ~6% 6 15 .50 the Preferred 100 Lakey Fdy A Mach t (f) k preferred of Milling Huylers Inc— 62 32% common t d Laclede Steel 10 10 Common— (8H) AOo,(f) % Kroger Grocery A 2 com Preferred 100 Hudson Mot Oar__t Humble Oil AR__26 7% 4 2lPs 25 Howe 8cale 10 d 100 Preferred Household Fin pf_60 Houston OH (Tex) 100 % 50 Natomas Oo of Cal 21 Merck £1 Com (vot). 14% t d 16 Koppers Gas A Coke Preferred 100 k Kresge Dept Stores 6 d Preferred 100 Kresge (S 8) Oo— 59 Corp common.---—(t) 100 MengelCo 1 7% cum pref—100 Kolster-Brand Ltd— 10 Shoe 49 Preferred 100 Nat') Transit .12.60 d Nat Union Radio (f) 1st pf 6% 6H J Cum pref 7%_100 is \ Melville 121 8 6% preferred.-100 Mead Johnson A Oof 22% 100 Nat Tea com t National Tile (t) Nat Toll Bridge A(t) Nat Tool com-. 50 5 39 25 Preferred-- 82 3 25 45 44% 38% Nat Sugar Refg—(t) d Nat Supply Oo 6 4% 12 % % 5 25 d 2 8 4% 81% Preference A 50 McLeUan Sts com(t) 3 1 17 8 2 cl B_t cm Common Kobacker Stores— 19% Non vot Nat Shirt Sh Del (t) Nat Steel McKeesport T PI (t) 1 Hat com ..ft) d Bid. Par. Per share. 23% McKesson A Robb—- Klrby Petrol (t) Klein (D E) CO-fj) 81. Stocks. Preferred-—-100 Pf(7 %)(non-v) 100 McGraw-Hill Pub-t 48 16 . „2d preferred—100 i 7% 9% 44 Ask. 23 McCall Corp ft) McCord Rad ct B (t) McOrory Sts (vot)-t 24 I* Common _.t Klnner Air & Mot.l Kinney (G R) Inc._t Preferred 100 Knox Hires (OE) OoA_(t) Hollander (A) ABon it) d Holland Furnace, t d Holly Sug Oo Bid Par. Per share. KJmberly-OlarkOdrp Higbee 1st pref- .100 „ Stocks. 4 23* cum pref —♦ Kelsey-Hayes Wheel Oonv class A——1 Class B _1 Kelvinator Oorp.(t) K«ndall Co$6 pfd (t) 6% Preferred Ask. 89 stocks Per share. 8 3% miscellaneous s Sale price, x Ex-dividend. |/B INDUSTRIAL 90 2 d 1 d Pennroad Oorp Peoples Drug Stores Common (t) 0% % cum pref.10 d Pet Milk.. (t) d Bitter Dental Mfg-t 28% River Raisin Pap (t) Riverside Silk Mills t Rockwood 78 10% 7% preferred—100 k Preferred 10% 4 9 (t 5 Root RefOo 14% 4 25 50 19 21 Roxy Theatre units. Common (t) d Phil A Bead O A I. d Phillip-Jones Oorp. d 10 Preferred Phillips Petrol Phoenix Hosiery f d 100 35% 6% 8 naot Oorp t 7 Preferred .100 12 Pierce Governor.(t) Pierce Oil Oorp Preferred 100 Pierce Petrol 8 20 4% i % 10% 1% 4% 26 — Pigg Wigg Oorp... Plllsbury Flour Mills (t) d Pilot Radio & T A. common d PittB Screw A Bolt (t 3% 9 38 45 Salt Creek Con OHIO 1 Salt Greek Prod.-IT 32 6 Savage Arms (t) Savan'h Sug com..t 38 60 8% 55% 2% Pittston Oo (f) Plimpton Mfg OolOO Plymouth Oil 5 Poor & Oo class B.(t) A* 5i* Preferred Scott Paper 8 t 7% pref ser A.100 6% pref ser B.100 Scovill Mfg Seaboard Oil 16 8 Porto Rlc A Tob— Prairie Oil a uas .26 5% 3% 1% 11% Prairie Pipe L 15 17% 20 5 26 2 (t) 100 100 5 Prac a Gamble., (t) 8 % Preferred._ 100 41 4 pyrene Mfg .. 10 Quaker Oats (t) itaaia-Keith-Orpb _t Railroad Shares. _(f) Rwy & Lt Secur(t) 1% 5% 8% 50 3% 1% 11% % % 11% Pref Keece voting)..100 ■ irA 6*% pref 100 Rels (Robt) & Oo-.r 1st pref (Ohio) inn Belter-Foster OH. ft) Reliable Stores ({) Reliance Internat At Reliance Mgt(OhIo)t Remington Arms __t 1st pref. 100 _ n Rand 1 cam Pro/ 100 Reo Motor Oar ion 6 Id pref Republic Steel—_ (t) Preferred 100 Reepro Inc t Preferred 10 Revere Cop A Br..t k r Preferred 100 Silver (Isaac) A Brot r 7% cum cv pf.lOf 1 Petrol Oo.lC d 1% 22% 72 If* 6 76 7 28 27% 36 7% 9 12 it* 25 45 75 Reynolds 18% t Met (t) Reynolds Spring. Reynolds Tob B common .. [U „t 10 60 H 10 4|H Rhinelander Pap 100 Rice Stix Dry Gds.t lot Pref 2nd pref 2 100 loo 18% 9% 61 42% 14 75 5% 14" 13% 10% 11 Oorp(+) 25 43 40 43% 4% 4% 11 11 % Pref with warr.100 80 89 50 5% 2% + South Penn Oil 5% 5 17 32% 37 25 40 11 13 35% 50 40 12 2% 28 d d d 17 17% 5 4% 10% 12 25 8 35 9 1 d 10% (t) 20% Standard Brands (t) d 87 pref ser A + d 122 11% 20% com 125 80 Pref 25 x-warr 25 Richman Bros < (t) Jfc Richman Radiator— Common 7% V conv (f) pref...t 7 1% 22 % d 5% 6 7^0 d ?8 11?^ 950 , 58 28% 12 J 42 1% 1 41 % 1% 95% 2% 2% 100 * Thompaon-Starrel (t) « 83% pref m d Thompson (J R)..2M Thompion Prod A.t d Tide W Assn OH "t d . 100 Univ Leaf Tot>_. (t) 13 13 13% 7% JP 42 41 , 14 5% 25% I 18% 2 5% — (t) 7% preferred..100 Valley Mould A Iron common (t) 1% 21% 15 25 1 Van Camp Pkg—(t) 21 21% % 26 Preferred W. Van Raalte Oo 30 1st preferred.. 100 Stamped Venezuelan 18P. d Petrol TnrrlngtonOo , Preferred 51 10 3% . 7% 84 Trunz Pork Stores (t) Truscon Steel—.100 6% Union Oarb A Oarb t Union Oil of Oalif .25 Un St YdeOmahalOO Union Tank Gar. (t) Unit Aire A Trans, 14% J 27% 98 ,1 % 13% 38% 16 % 72 21% , d 15% 6% 105 2% Warner Aircraft, Warner 15 Bros 9% o lVi 28 % (f) K)% 2% 2lM Pict—d Common 39 16% 6% (t) Preferred 4% 4 15 (f) Warner-Quinlan 75 Oo 3 (f) Warren Bros 1 13 13^ 27 62 16 16% 46% 8% Oonv pref (ti Warren FdyA Pipe Washburn wire—(t) Watson (J W) Oo (t) 26 43 Unit Amer Bosch.(t) ® United Biscuit— d of Am com 21% 31% 60% warr.50d Pf without warr 50 d Pref with 10 12% 23% Wayne Pump Oonv pref ' 23% 101 22% 4% Unlted-Carr Fast (t) United Chemical 115 , L (f) I* (f) 1% 4% W ebster Eisenlohr 25 58% 65 60 $7 preferred —100 WelchGrape Juice Preferred 100 Wells Fargo Expr— 70 1% 1% W esaon Oil A Snow¬ 20 $3 part pref (t) Un Cigar Stores. .10 Preferred 100 drift t c r 20 West Air Express. 10 West Auto Supply— Canadian price t No par value. s Sale price. 21% 52 (f) 14 conv pref 21c 2 v Common A A: Last sale, n Nominal, stock and curb exchanges. 10 50 12 Oom Olass B.. (t) Preferred 100 28% 13 40 100 Oom Olass A., 15% 5 31 , d (t) pref. 100 II* Walworth Os (t) Ward Baking Oorp— 24 f conv Preferred 34 (f) d 2% d 8% 85% 75 (H) Good'm com..(t) (r) Waltham WatchB(t) Prior pref 100 , Oorp.. (t) Walgreen Oo com ft) 0%% cum pf .100 Preferred „ J 1% 7% 18% t & Worts 18 6% d 2 W aitt A Bond Inc A (t) Olass B (f) Walker --- Ulen A Co com Underwood Elliott Fisher _(f) Preferred 100 Unexcelled Mfg. .10 10% Oorp 2 d 95 Walker Dishwasher 16 % Tubize Chatillon (f) Class A —1 Preferred B 34% .... 100 (t) Waldorf System 51% 50 10P W aco Aircraft Truax-TraerCoallOO Trumbull-Olifrs Furnace Dref (t) Preferred. . 12% 30 5% Vulcan DetlnnlnglOt Steel Forging fd Trico Products _(t) Triplex Saf Glass—. Am dep rets reg £1 * 12 7% 15 100 Vogt Mfg II TransamerlcaOorp t d Trans Lux Daylight Picture Screen... 1 22% 2% 1 0% part pref.. 100 Va Iron O A O..10C Prod Expts. Todd Shipyards, 4 37% Va-Caro Ohem— 7% prior pref. 100 'Tob 3% 100 Preferred Vanadium Oorp Common d £ (t) £ (t) d (t)id I % Common (t) Stocks, Inc 40 109 (f) Univ Pipe A Rad. Preferred. ..100 Vadsco Sales Oorp 65 25% 1% 2% Universal Pictures(t) 1st preferred 100 25 62 5% , d Timken Roll Bear (f) Tobacco & Allied % 75 105 10P Cooler A. (t) B '3% 3 50^ 3 I* Preferred 24 }2H d t 100 Timken-Det Axie.io "3% 3% 20 127% t c_(t) 16 preferred...(t) United Wall Pap_(T) Univer 81% 80 t v 1 H* 100 Common 70 ---- d .1 18% 18% 40 nnited Garbon vtc t d 1% % 52"" 95 100 pref Class . United Business Publishers pf__ 100 d 77 a Purchaser also pays accrued div. d Price per share, not per cent. Ex-rights. z Minimum price established on Montreal and Toronto d , 7% Richfield Oil of Oalif Common 5% Un BAP 5 4% % Common Spear A Oo d Tung-Sol Lamp. _(t) 33 Spalding (AG) ABr (t) 1st preferred..ion Spang Ohalf't A Oo t 6% cum pref. .100 Sparks-Wltn'gt'n Oo Stahl-Meyer 5 A* ill* 25 t t Pref 100 Spencer Kellogg, (f) Sperry Corp v t c__1 Splcer Mfg Oo (t) 83 cum conv pref t Spiegel-May-Stern Splitdorf-Beth El(t) 3 5% So Porto RIcoSug (+) Preferred .100 S'west Pa P L 20 2 Transp (t) 8% 12% 5% .4% 22% % 12% ThatcherMfg(vot)(ti d Conv pref (t) » Thayer-Fosspref 100 Tide Water Oil 49% 51% Preferred 100 United Stores com.t 7 5 , Transue A Williams 40 t 1st Land Trans Air Transp 13 Exp..100 2 % d Trust old stk—100 Preferred 42 49 Tobacco Products (t) 9 Socony Vacuum Corp 25 d Solvay Amor Inv Olass B. (t) Co... 9% 11% 27% 40% 50 Preferred.. 16" Pref (non-vot) ...100 3* 6% 26% 21% 4% - 31 South Air 8 — . 27% South'n Pipe Line 10 Southland Royal.(t) 1% 6% _ II U 8 Stores com., (t) _. 7 % conv pref. 38 30 Southeast 25 2% 10 27 t d (t) d preferred..100 Preferred 15 9% USSm RefAMIn.50 Tex Par CoalAOil.lO Tbermoid 48 25% Sloss-Sheff 8 A 1.100 4% 3% 3% 1% M 143% 2% South Dairies A., J% <• 100 U 8 Stamping 100 U 8 Steel Corp.. 100 Texon Oil & Land..t 7% I* I* 60 _(t) Rubber 1st 10 18 18 U 8 Texas Gulf Sulph (f) 'm 16% 18% 17% UBKeaJty&lmp 100 Pacific 18 Preferred (t > Telaut'g'pb Corp.. 5 Tennessee Corp.. 5 Tennessee Prod pf.50 Texas Oorporatlon25 Texas 16% (t) Preferred 6% 38% Simon (Franklin) & 35 Oo pref 1H( 141 Singer Mfg...._10f 1% Singer Mfg Ltd... £1 d 8% Skelly OU 25 d 36 6% cum pref..100 Snider Packing., (f) 109 1% J d Simmons Oo 6% 37% 9% 5% 17% 7% 47% 37% 89% 13% 70 Smyth Mfg Oo 8 1% t d 5%% conv pf.100 Smith (A O) 7% cum pref..100 Reybarn Co Inc 1 Reynolds Invest, (t) Class A d Sherw-Williams __2A d 14 16% 20 ~8% _(t) £2 d 55 % Jbutton-Hole Rem | Pen Preferred. Machine 10 Reece Fold Mach.10 Reeves (Daniel), (t) _ 15 Silk Raybestos-Manhat t Red Bank Oil (f) .... Shell Transp A Tr Shell Union Oil % 5 4% Sharp A Dohme " d 83.50conv pref—. d Simms 116 3% 1% 9% Hosiery M (vot)10 "%6 1 d c 6% prelAA—10C Oan._(t) 22% 4% Rainbow Luminous Product A Olass B com Kteal Servel Govt 65 20 1st pref U 8 Tobacco Preferred Technicolor Inc 23% 1% U S Radiator Iron A Steel com. t 4% 20% % U 8 Playing Card. 10 U 8 Print A Lltho— Common (t) 100 Taylor Milling Taylor-Wharton 1 75 23 Common 17% 2%| t Preferred 70% pref—.(t) Pipe A Foundry U 8 t A 14% cum pr pf.10 Part conv Acl A(t) Taggart Oorp com. t Tastyeast Inc cl A(t) Taylor-Oolqultt Oo t 6 4% 17 100 . Sher-Wms 21% 3% 114 Olass 34 3 50 d _ Preferred.. Sheaffer 49 Rainier Pulp & PapA Preferred. Preferred v t c-100 Sharon Steel Hp. (t! 78 42 8 „ 30% Oo 46 13 ft) Alcohol, 9 45" 7% InterL.at'1—15 _. Sentry Safety Con(t) 7^ 74$ It* 73 Symington Oo % (t) d com Sellers (G I) & Sons Co pref ..inn 1% ( 8% preferred.. 100 Purity Bakeries. _(f) ware Shattnck (Frank G> 41 ( %---(t) Sc Hard- 3 "I Propper M'Call'm(t) Prudential Invest (t) $6 preferred (t) Pullman Inc.. Pure Oil Oo... 2% 8% 4 Producers Royalty. 1 30% 32% Seeman Bros Seiberling Rubb. (t) d 100 1% 4 19 23% 31% 4% Segal Lock & 2 41% 155 99 Publication Oorp (t) First pref 100 5% 3% 8 7% 1% 100 17% 22% 31% 26 (t) d Swift 8 Ind 112 8% Machin'y5 U S Lines 25 Swift A 8 Hoff 39^ 109 10r Preferred U Sweets Oo of Am_50 101 92 Seagrave Oorp . ck a Sears, Roebuck A Co common u— (t) d ( 11% 16% (+) if) 100 39% 25 Preferred iVA 50c 20 U Swan A Finch Oil.25 40 26 U 8 Gypsum Cement B 26 37% 13% 16% U 8 Glass Superior Steel job Swallow Airplane (t) 5% 20 1 U S Freight 42% 94 % .Id Portland— Superior I 4% 10% 7% U 8 Leather v tc.(t Superior Oil.. 94 12% Scotten-Dillen ...10 3 90 15% 9 86 72 5% d T Sugar Estates Oriente pref...100 Sun Oil com (f) d 6% cum pref..100 SunrayOil 5 Superheater Oo_. (t) d 3% 35% % 8% 10 10u . 100 5 66 U 8 Express... ..100 U 8 Finishing (t) Preferred. 100 8 Foil B 3% 20 40 8 Envelope—100 Preferred 100 y Stuti Motor Oar_.t 66 com (t) 7 % preferred—100 Schulte Retail St.. 1 70 1% 5% pref. 100 Pr«rl A Ref Oorp. 50 Preferred 50 Ctfs of deposit 8% It* 100 Schiff Oo Pitts United Corp 25 7 % conv pf 100 Preferred 100 Preferred. 10 100 Preferred I* si* s* ilH Preferred 10 14% 3% 3% 20% 14% (f) Oorp Preferred St Regis Pap. com.it °referred Studebaker 37% 10 1% % AFullerft) Stroock & Oo 15 t 100 U 8 DIstrib 9 Webster (t) d Stone A 2 100 Preferred 16 Plttsb Term OoallOO Preferred 100 Price Bros Stix Baer 95 sf. —100 Preferred.. 7 25 40 35 Speed.10 d Stinnes(Hugo)Oorpt k 47% U 8 Dairy Prod A (t) Common B—(t) 30 Stew-Warn 40 2 ...(f> . U 8 Bobb A Shut.100 7 3% 38 Preferred % 25 r 2 cood—(t) Sugar Un Prof Sharing, (t) Untd 8b Mach «Jo25 Preferred. 26 28 (f) d 25 d 14* 75 Preferred—-.100 United Ports Rlcau 79r/ Preferred Preferred 52 preferred_.(+) Stetson (J B) 34 15% Pittsburgh Steel Fdy com (t) d Pratt & Lambert Pressed Steel Oar 26 St L Rocky Mt A Pacific Oo 100 38 5% 88 4 14% Unit Piece Dye com T 6% 6%% pref 100fc Stein Cosmetics—(t) k Steel Oo of Can., (t) r 90c 7% preferred.. 100 30 Stein (A) & Co— Common. (t) s 47% 50% 23 St Lawrence Flour Mills com 100 46 d Plttsb Steel pref.101 26% m ii* 50 Paperboard 100 Unit —. 97 Preferred 100 St L Car Co corn..10 7 1 96 50 A Pref class 10% 1% 3% Preferred 60 Pitts Coal (Pa)..100 Preferred 100 Plttsb Oil A Gas 6 d Plttsb PI Glass...25 Class B Potrero Sugar. * I on _ . 21% Pltney-Bowes Post." Plttsb Brewing. ..60 Olass A % 26% 9% 29% 3% 16% 45% 50% 86% St L Mat Stk Y__100 Pirelli Oo of Italy Am shs 600 lire.. Preferred % Ryan Cons Petrol (t) Ryerson (Jos) (t) Safety Oar H A L100 Safeway Stores..(t) 6% pref 100 7% pref.. ...ion St Joseph Stk Yd 100 St Lawrence Oorp (t) 8 Pie Bakeries Inc.(t) Oar Ruberoid Oo Royal Dutch Go * v lH Royal Typewriter (t) 14% 6 Preferred Pierce-Arrow 60 14 5% 8% 36 23 5 (t) Preferred A 5% 3% 25% d d 5% preferred.. 100 d 81 Stand Oil Expt pflOO 100 Standard 8crew_100 30 Preferred A 100 100 Stan Text Prod 100 Preferred A 100 Preferred B—100 Stanley Works...25 d 19 8tarrett(L S) Oo.(t> d 7% Starrett Oorp.— Id 2 Preferred 10 d 9-16 IP. Conv prior pref.10 Rossia Int Corp.. (t) Phlla Insul Wire.— Stand Oil (Ohio)__25 Stand 1 12 Stand OH of N J—25 Stand — 14% Stand 25% 15% 15 10 100 Petrol & Trading A. Phelps-Dodge 26 d Phlla Dairy pref with warrants—.t 2% d d Stand 3% Dye wood. 100 Preferred 100 United El Goal v t c t Un Eng A Fdy 1 United Fruit t United MUk Prod (t) United 33 28% 13 2% United Corp warr— United Dry Dock (t) 29 d d share. Par 2% (Oal)—(t> Oil (Ind)_..25 Oil (Kan)„ 10 Oil (Ky)... 10 Oil (Neb)..25 Stand Oil 39% 1% Rogers Peetcom.100 Roosevelt Field 6 8 16 50 11% Oo—(t) 100 Preferred 10 1(,H 27 Stand Cap A Steel .5 Stand Oom Tob—1 10 2 2 Rocky Mt Fuel—100 75 Warrants Petrol Derivatives 4 46 24 Pet Oorp of Am...5 8% 14% 1) Hlke-Kumler 4 45 Ask. Bid. Stocks. Ask. Per share Par Per share. Par Per share. Penn-Mex Fuel Bid. Stocks. Ask. Bid. Stooks. Ask. Bid. Stocks. MISCELLANEOUS STOCKS & 53 15 (t) k 17% x Ex-dividend * June, 1933.] INDUSTRIAL & MISOELLAUEOUS STOCKS 8tocks. Bid. Par A 74 2* 7 8 28 m 9 12 t 100 100 14 54 (t) d (t) d t Ns par value, 2 54 WIllys-0 verland. _25 Preferred 100 Wilson & Co t Class A t Preferred 100 Wolverine PortlO 10 r Ask. J 41 45 5s ) 35 39 35 39 5s 1965 5s I JL €7 KM ml VJIW ■ A 4U wm mm 35 39 35 39 3 43 9 «• 43 47 43 43 54 Bonds. Bid. 25 5s V California—5s 29 > o 29 33 < 5s July 1 1953 Central Iowa—6s ' 5s May 1 1942 4Kb Nov 1 '52 c Chicago Joint 5 *s 6 s 1951 opt 193 5 s 1952 opt 193 5s 1963 opt 1931 4Ks 1952 opt II 4Ks 1963 opt 1 414s 1952 opt ■ itiut ) 44 46 First Trust of Dallas— 49 < 54a Nov 1951 opt 1931. remont—5s 1953 opt *2 5s 1952 opt 1932 5s 1954 opt 1934 / 20 r 26 26 20 51 54 26 44a Mar 1958 opt 1938. 44a 1956 opt 1936 Iowa 44a 1955 opt 1935— mm* tm 40 f 46 4i 32 32 32 36 52* 51 50 47 52 44 49 .44 / 13 / 13 / 13 5s 1953 opt 1933 1 / 13 5*s 1951 opt 1931 / 13 First of Montgomery 5s *54 34 opt '34 49 17 17 17 17 17 38 38 38 38 44 44 44 -JAJ JAD 18 18 18 18 MAN JAD MAS MAS 18 JAJ 18 .MAN 54 54 MAN MAN —JAJ JAJ MAS 54 54 54 54 o 44 42 50 50 50 44 48 48 48 44 44 49 5s Aug 1955 opt 1935 talon (Det) 6s *54 53 53 ^ 53 Minneapolis Trust— 42 44 46 5s 1955 opt 1935 48 50 50 46 50 JAJ 46 46 46 50 50 50 46 50 46 50 50 5s 1956 opt 1936 —.JAD No Oaro—5s '53 opt '38—MAS 6s 1952 opt 193 1— MAN 5sl955 opt 193 J 6s 1956 opt 1936 FAA 46 46 39 STOCKS 43 43 43 43 MAS AAO 39 5s 1954 opt 1934 JAJ 6s Jan 1958 opt 1938. JAJ iOregon-Wash 5s '52 opt' 12.MAN 5s Oct 1953 opt 1933 .AAO 41 41 41 40 40 50 50 50 43 43 43 43 47 47 47 Par Atlanta. , 46 41 37 43 41 40 43 39 39 37 41 lrglnia-Oaro 5s '53 opt '33-MAN 5s Aug 1954 opt 1934 FAA 5s May 1957 opt 1937—MAN 6s 1956 opt 1936— FAA Virginia—5s '53 opt *33—MAN 5s Nov 1 1951 opt 1931—MAN 5s 1955 opt 1935 JAJ 50 5s 1956 opt 1936 MAN N Y A Pa—5s '53 opt '33...JAJ N Y A N J 5s 1953 opt '33..JAD 6s 1954 opt 1934 ...MAN 5s 1955 opt 1935 JAD 13 13 13 4*s 1957 opt 1937——JAJ Union Louis vine. Ky— 5s 1952 opt 1932 MAN 5s Nov 1954 opt 1934—MAN 6s 1957 opt 1937 FAA I';. 46 47 13 6s May 1955 opt 1935—MAN 6s 1956 opt 1936 JAJ 6s 1957 opt 1937 JAJ 4*s 1955 opt 1935JAJ 4 4a 1956 opt 1936 JAJ — 38 -FAA opt *34..MAN 53 49 53 36 54 64 44 henandoah Val 5s 45 op '35 JAD Minn 54a '51 opt "31 MAN 5s May 1953 opt 1933 MAN 5s 1952 opt 1932 MAN 5s 1964 opt 1934 MAN / outhwest (Little Rock, Ark.)— 5s May 1956 opt 1936 —MAN 5s May 1957 opt 1937—MAN 62 46 36 47 5s 1957 opt 1937 5s Mar 1958 opt *38 62 46 36 49* 45 43 51 62 46 36 32 32 53 53 60 , 49 i 5s 1953 opt 1933 5s 1954 opt 1934 5s 1956 opt 1936 40 46 r May 1953 opt *33 39 38 46 40 40 5s 53 Antonio— 36 58 54 54 49* an 42 58 54 51 42 58 54 51 1928 5s Mar 1954 opt 1934 5s 1955 opt 1935 44a 1956 opt 1936 42 48 26 51 opt 1938 1953 opt '33 1932 42 54 54 34 34 34 5s Jan 1958 St Louis—5s 5s 1952 opt 5s 1943 opt mmmm 40 26 51 51 44 53 35 52* 52* 52* 52* f '«• 44 opt 1936—JAJ 33 26 f f 45 38 38 38 26 49* 49* 49* 44 45 50 26 l *8! 5s 26 • 1963 46 46 44 50 50 44 44 5s 1967 opt 1937 MAS Phoenix 44a *61 opt *41 JAD 5s 1961 optional 1941 JAD Potomac 5s 1954 opt 1934—JAD 5s 1956 opt 1936—. JAD 5s 1957 opt 1937 FAA 40 40 44 44 44 67 69 40 40 40 40 5s *5o opt '33.MAN 5s Feb 1955 opt 1935 FAA 5s 1966 opt 1936— AAO 50 20 20 20 20 20 20 1 d JAJ Pennsylvania 42 ( 51 ► 5s Nov 1953 opt 1933 53 42 35 1 if if if if if 51 24 64 Bid. 64 64 64 65 20" * 20 1 29 (t)d 5s Mar 1954 opt 1934..MAS 5s Sept 1957 opt 1937—MAS Salt Lake O—5s ^53 op '33 JAJ 5s July 1956 opt '33 46 5s Apr 1957 opt 1937 iOhlo-Penna .. 39 35 40 35 40 • * ' j * /Flat price, d Price per share, not per cent. 16 49 100 5s 1954 opt 1934 MAN 5s 1955 opt 1935 MAN 5s 1956 opt 1936 JAJ Los Angeles—5s '63 opt '33 JAJ 5s Mar 1957 opt 1937—MAS San Fran—6s '53 53 49 60 33 20 Preferred Portland. Ore—5s'53op'33 JAJ 46 .48 50 & 284 Pacific Coast Jt 8tk Land Bk— 48 42 First Trust of Chicago— 37 37 uyv lstofFtWayne5*s'31oi 48 41 * 4*s 1965 opt 1935 AAO ) Dallas—5s 1953 9 opt 1933_—MAS 6s 48 41 Jf < 15 „.(t) Bonds and Stocks. 40 44 1 _ Wire.. 174 494 48 44 opt 1935 i 16 16 9c Zenith Radio Zonite Products & 44 1943 opt 1933 j )/ 100 35 49 ^ Young (L A) Spring It* 33 4 Ask. 63 31 29 37 21 50 81 Preferred Youngstown Sheet A Tube (unstpd.)f d 36 36 44 60 60 — 4 264 Wright Aeronaut'l.f Wrigley (Wm) Jr__t 2 47 27 Dec 1953 Preferred A 100 Preferred B...100 *28.._j j? 5s 6 16 47 3 40 100 54 100 - 894 154 Salt. 100 A Mach 47 9 *53 opt 43 43 14 39 Worthlngton Pump 47 r ) Bankers—6s -A 18 dep rects ord. 28c 16 52 Preferred 20 Young (J S) Co.. 100 i§* Ask. Per share. Yale & Towne 25 d Yellow Truck A Coach Mfg cl B_ 10 d Ltd— 94 47 5s 1954 opt 1934 14 Worcester 51 3 1 100 9 Bid. Par 2 Woolworth Am 8tocks. 3 4 84 51 1 47 47 I 14 Preferred 100 Woodward Iron. 100 Woolw'tb (P W1..10 2 Ask. Per share. (j) Woodley Petrol Woods Mfg 91 Canadian price. Bid. I VW 64 Bid. Par Wood Chemical Prod Class A (t) m 26C 3 d Price per share, not per cent, Bonds 4* (t; Stocks. Class B 30 5 d _ Williams (R C) WIl-Low Cafe. Oonv pref 16 H 18 62 20 50 d 77 75 ?7* m 78 15* 17* 43* 2*4 Class A 15 73 Gas WUcox-RIch Corp— 18 t Pap_.j Products A 85* Ask, Per share. White Rk MIn Spgst First pref 100 Second pref 100 Wilcox A Glbbs—50 WUcox (H P) Oil 43* iK Preferred 100 Westvaco Chlorine Wheel Steel Corp Preferred White Motor WhiteSew Mach Preferred Bid. Par 74 2 * 1st preferred 50 Weston El Instrn..t W Va Pulp Ac Stocks. Per share. West Dairy Pred At d Class B v t c_ .ft) d West Tab A Sta v t c Westing Air Br'ke(t) West'hse El 9c Mf _50 Class Ask. 2% 7 quotation* wherever they can be obtained The custom, Therefore in moat cases it will be found that Instead of actual prices we have Inserted in the column headed "To Net" certain figures to Indicate the interest rate at which business in the bonds is being dons. Thus 4.35% means that the particular security can be bought or sold at a price that will yield the purchaser or seller 4.35% per annum to the maturity of the issue Where two figures appear .as for instance "4.25% to 4.35%."the rate of return varies according to the maturity—the shorter maturities yield¬ State and municipal securitlea. we give bid and asked municipal securities on the basis of the return they yield per annum. below priced for In reporting however, la to quote ing the lowest rate, and the longer maturities yielding the highest return. In State and municipal bonds the custom has always been to quote them Nota.—Owing to the present demoralized "and interest." That is. the accrued interest must in all cases be added on. almost practically out of the question and sales or causes good bonds to be offered at almost brokers and dealers find it difficult, and in many cases, condition of the municipal bond markets, impossible to make quotations for municipalJbonds. Bid prices, especially for the smaller municipalities, are terms are simply a matter of bargaining between buyer and seller. In fact the absolute lack of demand often any price. . V. - ■ : Bid. Bonds. UNITED STATES—See First Liberty Loan— 8H% ofl932-1947_---J&I> Oonv 4% of 1932-47.-J&D Conv 4H% of 1932-47 J&D 2d conv 4 H% ,32-,47-J&D Fourth Liberty Loan— 4 H% of 1933-38 A&O Treasury 4H" 1947-1952 A&O _ Treasury 4s J&D 1944-54 2« Fan Oan Nov 102u,» I0218»t I02i»n 102 103»i» 1038,, I0915»i I09i8«i 105«»i I05«i»i 1048»» 104108, 10l28i» 101*i»i 10l»3t 102 10l*ht 102 9928,, 99 H 10010»i 10028n 100",1 lOOiOn 100»n 102 <n 10217,, 10126si 101«», 10228m 102»o« 101»»* 101i»3i 10220»i 10228ii 10l2n 101 <,i 101»n 10l22si TEBBITOBIE8 & U. S. PO sses Honolulu (City & County;— 6s Pub Impt 1958—J&D 15 6s Jan 15 "34-'56—. J&J 15 95 95 6 5.00 6 5.00 Hawaii,Terr,4Ha '49.M&S 15 4Hs Jan 1945 -— to 6 4.90 to 4.70 6 5.00 to 4.75 to 4.75 6 5.00 92 89 89 4 Ha 1950— 1957 M&N 4Hs Oct 1959 4s g L Pur *84 opt *14—Q-F 4f P Wks & Imp 1935--Q-M 4s Impt 1936 opt 1916.F&A 92 92 88 «Hi 90 87 95 100 94 98 94 98 6s April 19556s Feb 1952- . 94 94 98 6Hs Aug 1941 99 X 98 102 X Puerto Rico 4 Hi 1937-1940 J&J 4Hs Funding 1934-'40_J&J 4s Jan 1 1944-1950 J&J 4s gold 1933-1960 J&J is July 1954 to 5.10 6 4.75 to 5.10 6 4.75 to 5.10 to 5.10 6 4.75 4H* Harbor imp 1934-73 4Hs 1952 M&S 4ms 1956 & 1959 M&S 4Hi *36. '42 '46. *49.—M&S 4s Pub Highway 1949-51-M&S Anniston— Ref g 5Hs Dec 1 1939— — 6s Schools 1933-1947—J&J 5s Funding 1947 Birmingham 5Hs Pub Imp 1933-35 M&82 A&O A&O A&O A&O 4Hs Pub Imp 1933-37.A&O 4Hs 1934-1936. —A&O 4 Hi 1937-1960 A&O 4Hs Pub Imp 1933-1937— "5sSewers Sept 20 '41—M&S Gadsden 6% Impt 1933-3*-6s Schools 1933-40 J&D Huntsville 6s Funding 1942.. 6s Pub Imp 1936-1938 Jefferson County— 4Hs Ot H'se 1934-43—M&N 4Hs Ref 1934-1961 A&O Mad'son Co 6s Refunding 1940 Mobile 6s School 1943—J&D - 70 70 45 80 55 64 64 75 64 75 75 75 75 75 75 75 75 70 70 64 80 55 75 ; 64 64 64 64 64 64 65 65 3.90 3.90 3.80 4 4.20 % 4.25 % to 4 to 99 4.80 4.30 to 4.00 30 to 4.30 4% % 35 33 28 4.60 % to 25 22 23 19 to 6 4.00 to 5% 5% 1934 to '41.A&O 6 4.00 1934-'40.__A&0 to 5% 1933-51.J&D 1945.M&N 5.05 5.00 M&S 5s Municipal 1933-61—F&A 5Hs Harb Imp '33-'61M&N LoiACSD 5Hs.'33-34 M&N 5Hs Nov 1935-60 M&N 6a 1933-1934. .F&A 5s 1935-1964 F&A 4s 1933-1934— J&D 4a 1935-1936 J&D 4s 1937-1945 J&D 4s 1946-1961 J&D Los Ahg Co 4Hs '34-'49—F&A 4 Hs 1934-1969 6 4.50 6 4.50 6 5.00 6 5.00 6 "5.00" 5.00 5.00 5.05 % 5% to 5.05 % to 5.10 % to 5.25 00 to to to 5.25 loo 5~. 10 to L00 5.00 5.00 68 Oakdale Irrig Dist 5s. I 16 Oakland 5Hs 1933-43—-F&A 6 4.00 4Hs Mun Imp '33-'43-F&A 6 4.00 4Hs 1934-1965 F&A 6 4.25 Oakland 8 D 4s 1933-44—J&J 6 4.00 Orange Co 5s 1934-45 M&S Pasadena 4s Jan 1933-42.J&J 72 19 to 4.60 to 4.40 to 4.40 to 4.25 :o 4.75 M.OO" to 4 .50 % Riverside 5s 1933-'53 J&D Riverside Co 5s '34-*54—M&N 4.80 4.50 4Hs Wat Pl't '33-*36—A&O Redlands 5s 1933-51—J&J15 opt 6 4.00 to 4.40 % 4Hs Sew & Dr 1933-34.J&J Sacram'to Co 4Hs *33-'46 J&D 6 "4.OO" to 4.00 4" 50 48 48 I In London, n Nominal, s Sale 95 75 85 J&J J&J 6 3.50 6 3.50 to3% 3% to price, 4.40 A&O 6 4.75 4Hs'33'50-J&D 6 4 50 to 6 4.50 to 5.50, 6 4.50 6 4!50 to Ito 5.50| to 5.50 5.50 6 4.50 to 5.50 6 4.50 to 5.50 6 4.50 to 5.50 " ■ East Hartford (Town)— 4Hs Sch 1933-36 4Hs Sch 1937-49 4Hs Sch 1950-59 M&N 6 4.50 M&N 6 4.50 M&N 6 4.50 to 5% to 5% to 5% East Hartford Fire District— •5Hs 1934-1951 M&N 6 4.00 to 5% 4s Water Jane 1933 J&D 6 5.00 to 4.50 Glastonbury MHs '34-58- J&J 6 4.00 to 4.50 Greenwich *4Hs 1933 J&J 6 4.00 to 4.50 6 3.00 to 4.25 ♦4Hs 1934-1942 tax exm't 6 3.50 to 4.25 4H« 1933-1934 6 4.50 to 4.75 4 Hi 1935-1951 _ S D 4Hs 1933-1960._ 6 4.40 to 4% Hartford 3Hi Bdge '55—J&J 6 4.00 to 4.30 •4a Water Jane 33-'39 J&D 6 4.00 to 4.35 •4s Water 1940-45 J&D 6 4.35 to 4.25 6 3.50 to 4.25 •4s Water 1933-1938.; •4s High Sch *34-'55 J&J 6 4.00 to 4.30 •4Hs 1934 M&S 6 3.80 to 4.10 •4Hs 1935-1938 M&S 6 4.00 •4Hs 1939-1960 M&S 6 4.101 4Hs Munlc Bldg 1933 M&N Hartf'dSD •4Hs'33-*47-M&8 6 4 00 •4 Hi Northeast 1959-J&D 6 5.00 4Hs 2d North 1944 J&J 6 4.75 8Hs South Sept 1955-M&8 6 4.90 v Per £20. to 4.30 to 4.35 to 4.50 to 4.60 to 4.40 to 4.50 4Hs Southwest 1944—M&N 6 4.75 •4Hs Wash't'n '41-'47-J&J 6 4.75 to 4.35 4s West Middle 1937—F&A 6 4.60 KlUIngiy(Town) 4 Hs'33 -60J&J 6 4.00 to 4.30 Litchfield 4 Ha 1935-37 6 4.25 to 4.75 M&N 6 4.25 to 4.80 •4Hs 1934-1944. 4H" 1934-1951 M&N 6 4.25 4 Hi 1934-1949 M&N 6 4.25 Meriden (City) 4H 1934-1943 J&J 6 4.00 Meriden (T) 4s *34-'35—M&N 0 4.00 Middlotown 4s 1934-35.M&N 6 4.00 New Britain (County)— 4s Munlc Bldg 1948 J&J 4s 1933-1952.-. F&A 6 4.25 •4Hs School 1933-'40-F&A 6 4.25 *4H« School 1940-'62-F&A 6 4.60 4 Hi Water Aug 1941—F&A 4Hs 1933-1969. F&A 6 "4.25" •4H« Sch Auk '33-'43-F&A 6 4.25 *4i Park 1933-1943—-F&A 6 4.25 New Hav (O) 3Hs '33- 86A&0 6 4.25 •4s Apr 2 1940 tax-expt.A&O 6 4 75 4 H« Paving Mar 1930-M&8 6 4.50 6 4.50 •4Hs 1943-1952 •4 Hi Paving Aug *37—F&A 6 4.50 70 f Flat price, 95 90 to 4.40 to 5% Manchester 9th School Dist— 70 48 90 5.00 63 63 Refunding 1949 M&S / 40 4H* Refunding 1937—A&O / 40 4Hs Water & Sew '39.J&J / 40 102 4.75 5.00 4.80 /"40" to 5.00 Manchester— 22 Merced Irrg Dist 6s Modesto Irrlg Dist 6s Sacramento 4s Jan *34-'45 3.91 tc Groton 4.00 60 "48" to 4% J&D 6 4.50 to 5 50 5.75 to 5' Bristol 4Hs Water 1939—J&J •5s July 1 1933-55 J&J 6 5.75 to5< 3.50 •Cheshire 4Hs 1934-45—J&J 6 4.00 to 4.50 5.00 to 4.50 3.60 Danbury 4s 1946 taxable. J&J ♦4 Ha 1933-05 3.75 J&D 6 4.75 to 4.25 3.90 8Hs Fund 1941 taxle.A&O 6 5.00 to 4.50 50 50 60 to4% •5s Construc'n 1933-49 97 to 6.50 to 6.50 to 4% J&J Bridgeport 4Ha 1933-65-J&J 4Hs High Sch 1934-03-J&J •4 H« Sewer 1933-40 A&O 4 Hi 1933-1957 A&O •4s 1934-1908 F&A 8Hi improvt 1933-41-J&J 3.85 6 7.25 01 b 3.50 4Hs Water 1941-70—.A&O 6 4.50 4Hs Sch 1933 to 1944.J&D 4Hs 1933-1968 J&J 6 4.50 45 Bessemer 6s Pub Imp 1933-38. 3.85 6 7.25 6 7.25 to 4% 4 Ha 1934-1952 Branford (T) 6.50 to 6.50 to 6.50 to 6.50 to 3.25 Bloomfleld— to 6 7.25 4.40 % to J&J •4s July 1930 •5s July 1 1930 4s 1946-1962 6 7.25 6 7.25 4.20 to to 4.20 J&J 5Hs 1947-1956 6Hs 1964-1973 5s 1974-1983 39 3 Hi Water 4Ha Water ALABAMA 1956—J&J 39 6 4.50 Los Angeles 4Hs 22 CONNECTICUT 4s Water 1933 to % h0 62 6 4.40 J&J No 1 4H« 1934-53. J&J 6 4.10 1 1933-1947 J&D 6 4.10 4s July 1941-1945 J&J 6 4.05 Durango 4 Hi 1944 M&S 6 5.25 98 MoffatTunImpD5 H S44-68J&J 4s 1946-1945 to 5.10 "33" (City and County)— BONi 36 36 4H« 1948-1952 F&A 4s Hsrb Imp 1985 opt '50. J&J 4s Jan 2 1941-1943 J&J2 4s J*n 2 1944-1948 J&J2 Alameda 4a 1933 to 1941-J&D 4Hs Man Imp '34^41-A&O Alta Irrlg DIat 5s Bakersfleld 5a 1934-'52—A&O Berkley 5s 1942-1951. J&J 6 5s School 1934-1955 J&J b Brentwood Irrlg. District 6s_ Citrus Heights Irrlg Dist 6s.. East Bay Mun Util Dist— 5s 1935-1974. _.__J&J 6 Imperial Irrlg Dist 6s *38.J&J / / 6 4.75 6 4.75 !so 4.60 to 4.60 4H« Water 1944 J&J 6 4.10 s Ref Wat 1933-34-J&D 6 3.75 6 4.10 s Ref Wat 1935-67. J&D a Water 1962-1965. J&D 6 4.10 Univ Blag Jan5'34-65J&J 6 3.60 Highway 1936-'48. J&J 30 b 3.50 1934-1947 F&A 6 3.60 Olympiad 1936-71. J&J2 Jan 2 1934-1936 J&J 2 s 1935-1936 F&A s 1937-1940 F&A 1941-1947 F&A to 4.75 4.55 to 4.45 6 4.40 Spgs 4s Mar 11941 4Hs 1933-1939— Denver CALIFORNIA 4.75 4.75 6 5.00 4Ms Nov 16 '33-'05-M&N15 4«s Nov 15 1936-58—M&N 4s May 15 '46 opt 36.M&N 4s Aug 1947 opt 1937—F&A Philip Isls 4Hs 1952 J&J I °70 to 4.55 COLORADO Colorado Hi '83-'50-M&S 33-40—M&N 1941-50 M&N Little Rock S D 4s '33-'65M&S St Francis Lev D 6s 1947. J&J 5Hs 1945-1964 J&J 5Hs 1950-1969 J&J 5s 1949 opt 1929 J&J 100 to to 4.70 83 4Hs Fond 100 100 95 J&D15 5.75 OANADA—See vage 94. 95 M&S Highway 1933-37—J&J3 6.00 28 68 17 Irrig Dist 6s West Side Irrlg Dist 6s Little Rock 4Hi 6Hs iXa 4H« 4Hs 4 Ha 4 Hs 6 00 6.00 6 4.50 to Turlock 5s 1936-1962 Hot Springs 4 sion 6.00 1934-1966—F&A 4Hs 1933-1961 J&J 4Hs 1933-1951 M&N 6 4.50 4Hs Water 1938-1977-J&J San Joaquin Co 5s *83-'49.J&J Santa Barbara 5s '84-41-JanlO 6 4.00 4Hs gold Aug 1943 F&A 30 So. San Joaq Irrig Dist 5H«— 7.50 8.00 to 7.50 8.00 to 7.50 4H« Highway 1938-48—J&D / 4Hs Highway '38-'68_—M&N / 4ns Highway 1935-65 J&J. 91 1954 opt 1934...J&J Less 3. 65 65 ARKANSAS lty< c 65 "8 00 Net. 6.00 6.00 4Hs Wh & Har *34-'52.J&J 4*a Water 1933-1964 3Hs g July 1 1933-44—J&J 23 San Dlegulto Irr Dist 6s ... San Francisco (City & County) 5s Water 1934-1951 J&J 6 4.60 6s Water 1952-1969 J&J 4Hs Water *57. '58. '59-J&J Navajo Co 4Hs Jane 15 *33-*36 6 6.25 Phoenix 4Hs *50 opt '30..J&J 6 6.25 4Hs 1934-1956 J&J 6 6.25 4Hs Court Hse *33-'48.J&D 6s Ian 1 1946 J&J 6 6.25 6 6.25 5s Jan 11954 opt 1934..J&J 5s W W 1934-1950 J&J 6 6.25 80 Phoenix Un H S D 4Hs 1048 80 Prescott 5s 1948 J&J 8 Roosevelt Irr Dis 6s'45-'53J&J / / 8 6s 1938-1957 J&J 85 Tucson 5s Water 1950 -J&J 6 6.00 4H«W Mar 10 *38—M&S10 1027,, 102«n 4s 1937-1941 5s School ARIZONA lOO'n 4s 1942-1961 60 55 1008sj 4s 1935-1936 60 Maricopa County 8 D Ne 1 6s Highway 1947-51-J&J15 101H Eg 6 Basis, 53 1008S1 — 4s 1934— 60 53 55 55 99 H 102 X _ BHs Renewal cl C 53 55 5Hs serial 102 H 99 H 1937 - 6s 1933-1956 55 Ask. San Diego 5s WW '43-'54 A&O 5s Water 1933-63 J&J 5s Municipal 1933-1960J&J 55 5s Road 1957— 102i8ii 102*131 3M% Sept 15 1937 100*31 1002n 2*3% Feb 1 1938 Instrumentalities of U 8 Govt Bonds Federal Land Bank—Farm 85 4s Nov 1 *57 op '37 M&N 85, 4s 1958 opt 1938—M&N 86 H 4 *s 1956 opt 1936—-J&J 4Mb Jan 1957 opt '37 J&J 4Mb 1957 opt 1937-M&N 42* 1968 opt 1938-M&N 6s 1941 opt 1931—M&N 101 4Ha 1933 opt 1932 . J&D 91 (s 1942 opt 1932.M&N 91 is 1943 opt 1933 J&J 88 X |s 1953 opt 1933—J&J 88 X is 1955 opt 1935 J&J 88 X is 1956 opt 1938—J&J 91 Is 1953 opt 1938 J&J ts 45 Morgan Co 5s 1938-52. 6 Tuscaloosa 6s Pub Imp *33-*35 6 5s Pub Imp 1935 6 5s W W 1939-1957 Tuscaloosa Co 6s Bridge 1941. 9818»i 99 X 101H 8s Conversions 1946-47—Q-J U S Treasury Certificates and notes— 1 H% June 161933 4% Aug 15 1933 % Sept 15 1933 Vo Deo 15 1933 % Dec 15 1933May 2 1934 1% Aug 1 1934 3% June 151935 2%% April 15 1936 3h% Aug 1 1936 JH% Dec 15 1936. 55 6s Road 1951 9928n 9828», ts Panama Oanal 1961—Q-M 2s Aug 1 1936-- 3% April 15 102l8ij 1011#»» Q-F 1938 45 45 45 1933-1948 5s School 1936-1945 4Hs R & B 1933-38—J&D 4Hs 1939-1958 J&D Montgomery Pub Imp 6s 1934 5s Pub Imp 1933-1938 4H Sanitary Sewer 1933-44 Montgomery Co 4Hs 1957-59 5s Road 1935 A&O iHs To or Bid. Bonds. Net. Ask. Mobile Co- also pa ge 18. _ Treasury 3Hs 1946-56— M&S Treasury 3Hs 1943-47--J&D Treaa 3 Ha June 16 *40- 43J&D Treas 8 Ha Mar 15 *41-43 M&S Treat 8 Hs 1946-1949--J&D Treas 3s 1965 opt '51 —M&S15 Bid. Bonds. Net. Ask. To or To or Yield Basis Yield Basis Yield Basis % to 4.90 to 4.90 to 4.35 to 4.25 to 4.25 4.90 to 4.85 to 4.85 to 4.85 to 4 .85 to 4.75 to 4.60 to 4.50 to 4.50 to 4.25 to 5% to 4.25 •4Hs Mch 15 *34-'35-M&S16 6 4.25 to 4.50 ♦5s 36-'37-,39-'40-'41—A&O 6 4.25 to 4.75 •5s 1933-1951 —J&J 6 4.00 to 4.75! < * Tax free tn Connecticut. % June, 1933.] STATE AND MUNICIPAL Yield Basis To or Bid. Bonda Ask. 6 4.10 to 4.35 6 4.75 6 5.00 to 4.50 6 4.75 to 4.40 6 4.50 to to 4.50 5% Bid. Bonda. Argentine Repnb— Internal 6s(of '09) 1946M&8 4a £ loan of 1897 A&O ■xt 6a of '23 1957 A—M&8 1st g 6a 1951 Ser B J&D 5% 6 4.00 b 4.00 Sxtl 8 f 6s 1960 Ulxtl s f 0s 1900 5% ■xt A&015 6 4.50 6 4.75 5% 5a 1933-71 Her walk (T) 434a 1943—J&D 434a 1936-1968 Norwich 4 34a water 1939-MAS •434a 1933-1964 M&S15 434a Refunding 1938—AAO •Plainfleld(T)4 34* '34-'57AAO Putnam (T) 434a '34-'40-A&O •Rldgefleld (T) 434 a Jan 1 '43 Stamford (O) 4a 1943—MAN Stamford (T) 434a '34-*45 JAJ •434 Sch 1934-1965--MAN 434a High Sch 1933-'5Q J&D Terrington *534> '34-'35-J&J •534a Fund 1936-'41—JAJ 434s July 1 1939 JAJ ----- to 4.50 6 4.25 to 5% 4.40 4.75 4.50 4.75 6 4.75 to 6 4.00 to 6 4.75 6 4.25 to 6 4.25 to 4.75 6 4.60 6 4.60 to 4.25 6 4.00 to 1^33-46 Int f 7a 1957 a to 4.60 Extl 6 4.25 to 4.50 to 4.75 6 4.75 to 4.50 J&D 6 4.00 to 4.75 to 4.75 1947 Extl 7b 1958 Extl s f 7s 1969 to 4.75 6 4.00 to 4.50 6 4.00 6 4.25 to 4.50 434b City HaU '33-'63—JAJ 4Mb July 15 1933'66-J&J15 •434a Water 1934-44-J&J16 •434 Bdge,8t.&c.'4«-64J&J15 •434a 1946-1953 JAJ 15 •434a Water 1935-'64—J&J •434a 1933-1934 JAJ15 fisWater 1933-1951—M&N 5aWater 1952-1971-MAN 15 Weat Hartf'd 434a 1943—JAD to 4.40 6% 6 J&J M&S to 4.50 6 4.35 to 4.75 4%s of 1883 6 4.40 to 4.75 6 5.50 to 6 4.00 to 4.25 6 4.00 6 4.50 to 6 4.30 to 5% 4.60, to 4.75 6% 27 4% ^ 4%sof 1888 4a of 1900 4a #f 1910 4a ef 1189 31 27 28% 27% 29 18 19 17 16 29 4a 1935-1937 4a 1938-1942 .J&J 6 4.50 J&J 6 4.60 4a 1942-1952 4.50 to 4.60 to 4.75 Extl 7 Ha 1947 Stamped— 3% 4s 1938-1941 4a 1942-1948 Central Bank of 6a A 1952 AAO FLORIDA. 20 30 8 8 6s inapt 1933-1938 .-J&J 6s Rer & Impt *33-*66 var_ 12 12 Ry ref 6s 1901 a 4J 1944 JAJ Jacksonville 5a Jan 1 '80-JAJ 5a Jan 15 1934-45-J&J 15 92 88 97 96 88 88 96 96 96 40 35 26 534a Jan 15 1934-45-JAJ 15 434a Feb 1937 —FAA 5a Apr '45 88 35 Lakeland 6a Feb 11933-*41 Miami 534s 1934-35 MAS 5a 1934-1939 MAS 30 23 23 5a 1940-1956 5a 1933-1935 M&S O&A 26 23 26 23 434a 1936-1938 A&O 434s Munlc Imp'84-'55M&8 6s School 1940 .JAD 26 23 23 23 26 26 26 Miami Beach MAN M&N M&N Moore Haven 6s 1933-1955 New Smyrna 6s 1933-1945-.i._ 534a 1934-1935 534a 1936-1939 534a 1940-1950 62 60 60 70 60 72 30 45 Panaacola 434a ref 1941—A&O • % School 1934-1951—J&J Pinellas Co 6a 1940 Newberry 5a 1933-1942 31 Augustine 5s 1955— •a Impt 1934-1937 J&J F&A Certlflcatea • FOREIGN GOVTS. Agricul Mtg Bk (Colombia) Guar a f 6a 1947 F&A Guar s f 6s 1948 A&O 20-yr 7a 1946 A&O 20-yr 7a Jan 15 1947 —J&J Akershus (Dept of). Norway— 6a 1963. M&N Antioqula Col (Dept of)— Extl a f 7s ser A 1945-—J&J Extl a f 7s Ser B 1945—J&J Extl a f 7s aer O 1945—J&J Extl a f 7s ser D 1945—J&J f 7s 1957 1st ser. A&O Extl a f 7s 1957 2d ser.A&O Extl a f 7s 1957 3d aer.A&O Sink fd 7a (of 1927) '47 F&A Cerdoba (Prov) Argentina— Extl a f 7s 1942 J&J Costa Rica (Republic)— S f g 7sNovl <12 Ext s Ext ■ 35 33% 34% 29% 32% 32% 31% 29% 32 Extsf 6s 1962 M&S 5%s Mar 1953—M&S 6%s Nov 1953—M&N El Salvador (Rep)— 20 8s A 1948 /12 36 a 15 23 89 87 73 73 46 "74 47% 93 18% f 0%s 1950 f 5%a 1958 86% 74% 50% 37 38 19 55 40 42% 108 109% 107% 107% 110 13 5a premium 1920 13* 11 11 11 12 14% 13% 64% 5 Basis, c Basis 15 to the 4. Sale price par 1.000 guilders, /Flat price, u Dollars per Negotiability Impaired by maturity. M&N 45* 128 7%s External 1941 J&D Internal— 5%% loan of 1930-65-J&D German extl 7a 1949—A&016 127% German Govt 5 % % Ext Ln Dec '21 _ _ J&D Certificates of deposit Saar Basin Cons 7a 1935-A&0 mti Ext'l 8a 1950 Extl water 7a 1956 Sec f 0s(of 1928) f 7a 1940 a a 27 J&J M&S 19 '68-J&J A&O 17% 60% 26% Santa Fe (Prov) 7s 1942.M&S Santander (Dept) Colombia Ext a f 7s 1948 A&O Saxon State Mtge Institution Sink fund 7s 1945 J&D Sink fund 6%a 1940—-J&D 15 60% 57% Serbs Croats & Slov (King of) Ext 8s 1902 M&N if* Extl 7a 1962 aer B M&N Silesia (Prov) Poland— Extl a f 7s 1958 J&D Slleaian Landowners Assn— 57% & Communal Agric Loan) 6%s 59% 20 17% 42% 38 (Bank of the) 1st 6s '47F&A S f 5%a 1071 JAJ of) 7a "47-M&N Upper Austria (Prov) 7a'45 J&D Extlaf6%a 1957—J&D 15 Uruguay 8s ext 1940—F&A 40 54% Tollma (Dept a a 92% 111% 58% 14 56 48 50 42 f 6s 1960 f 6s 1964 18 55 M&N M&N Venetian Prov Mtge Bank— 8 f 7s 1952 ser A A&O Extl Extl 44 11* 35% 99 99% 74 80 33 35% FOREIGN CITIES. Ac. Antwerp (City) extl 5s 58J&D Baden Extl ■ f 7a 1951 J&J 29% 65 41% 39 Prov J&D F&A Taiwan Electric Power— 63 36 4%% premium 1933 7a ext of 1924-1949—J&D 12 Institute 7a 1959 70% 39% 13 J* J&D J&D (Monopolies) 65 "67 " M&S F&A 12 f 7a 1907 f 6s 1968. Styria (Prov of) 7s 1946-F&A With coupons attached 48% Only unmat'd cpns attached * 42% Swedlsh5%8 ext 1954--M&N 91% Switzerland 5%s Ext '46-A&O 111 55 4%% Oonv loan 1932. 12 J&J M&815 Paulo (Brazil) State of— 8% external loan 1936-J&J 105 France (Republic of) 4s 1917— 12 76 58 Russian 6%s June 18 '19-J&J Certificates of deposit Extl 0 He Mun loan '54 cl A A&O Class B A&O Ext'l a f 7a 1950 M&S a 22 San 56 64 a 1% 30 Queensland (State) 7a '41 A&O Ext g 0s Feb 15 1947 F&A15 Rio de Janeiro 6%a 1959 Rio Grande Do Sui (State) Brazil ext s f 8s 1946—A&O 7a extl a f 1960 M&N a 35 Extl 76 27k M&S A&O Extl s f 8s 1950 Prussia 0%a 1951 0a 1952 Extl J&J Extl 71% 2 Extl sO 6s 1944 F&A 6s Ext f ct 15 1952.A&015 Extl Certificates of deposit Estonia (Rep of) 7a. 1967-J&J Finland (Repnb) 6a '46--M&S 32% 5 Brazil Sf 5%s 1950 „ Rumania 96 98 Extl 5% Norway ext 0s 1943—F&A 15 27% 92% 88% 75% Extl 4 New South Wales (Australia)— 5s extl a f 1957 F&A Extl a t o« 1958— A&O Met Wat 8erv & Dr Board 40% 91% ser VA Extl 6%a 1959 ser A-M&S 27k Mtge Bank of Denmark— Exch a f 5s 1972 ser IX J&D k 61% Mtge Bank ef Jugoslavia— Secured a f 7a 1957 18% A&O Newfound 6%b 1930—J&D30 74% 5%s 1942 & 1943 65% J&J 5s Dec 31 1952 60% J&J 5s 1955 60% J&J 26% 94% 94% ser Minas Geraes (8tate) Extl 6%s 1958 39 J&J F&A Ext'15%8 1956 Trust rets 4%s 1902.A&O15 Dominican Rep 5%s '42.M&S 5 He Oust Adm 1940—A&O 2nd ser 6%s 1940 A&O Dutch E Indies 6s 1947—J&J '58— 100% A—A&O B—A&O Bks (Cons s 18% 98% 33 Dep(Oelombla) f 8s 1951 f Hs 1952 German • c'pon.M&N Denmark ext rte 1942 44 - a a f 6%s 1947 A&O Sink fd 7a(of 1926) '46 M&N Extl s f 6%s 1959 M&N Czechoslovak Republic— 35 25 25 25 25 44 44 534s 1933-1953 J&J 534a June 1954 J&D 6a 1983-1938 Tampa 5a June '55 op *25 J&J la W W Porch '33-72-F&A 434a Impt 1933-37 J&J West Palm Beach 6s 1933-*40_ 20-yr "" / 6 m Extl a' 0s 1901 A&O Poland (Rep of) 6s 1940-A&O Stab'n 1 a f 7a 1947-A&0 15 — Chinese Government— Gun din am area 35 St Petersburg 534a 1949—J&J 9% 9% r 15 Pernambuco (State of) BraxllExtl a f 7a 1947 M&S Peru sec a f 7a 1959 M&S Nat Loan extl 6a 1960 J&D 13* Hukuang Rya 5s £—J&D15 4%s of '98 £ red *44—M&S [ Colombia Rep 6s 1901—J&J Extlsf 6s (1928) 1901-A&O Colombia Mtg Bk— £100 and £200 pieces._II!*/ 4 ' l'A '/ Parana(State of)Brazli 7s 10 J&D **11 6% notes 1931 "Extl" a f 5 He *53—J&J15 5%a Pub WksJune30 '45J&D 5%s June 30 1933 .J&D 31 Serial 5%s 1933-37 J&J 45 40 Orange County 5a 1944-.JAJ 5o 1952-1953. J&J Palm Beach 6s 1933-1952 !°0* Ohill Mtge Bk 0%s *57 J&D31 S f gu 6 % s Jne 30'61 .J&D 31 8 f gu 6s 1901 A&O 0s 1902 .—M&N "Extl" g 4%s 49 opt—F&A "Extl" g 5s 1949 F&A 62 25 Orlando 534a 1933-1952 10 M&S 58% Extl a f 5s 1907 J&D Guar a f 5a 1970 J&D Panama (Rep) ext5%s'53 J&D Extl a f 5a 1963 M&N15 10 M&N 60 40-yr s f 5%a 1965 J&D 35-yr extl a f 5a '63—M&S16 Norway Municipalities Bank— 10 J&J f 6s 1962 May 1 1936 coupon Cuban 5s 1944 opt 1911—M&S 62 46% 10 f 6s Sept 1961—M&S Extl Dist No 2 ia Armory s Extl 35 J&J Extl 40 F&A k 36 s 46 Extl a. f. 6s 1963 1933-1935. Duval County— Jaekaonv 8 D Ne 1 43* A&O 12 55 5a 1933-1937 Dade Co Spec Sch A&O 16 15 II* Chill (Rep) ext 7s 1942.M&N Extl s f 6s 1960 A&O Extl a f 6s Feb 1961 F&A 65 8 50 50 Dade Co 5a Oct 1947-'54 14% 13 Germany— 6s series B 1951 * Extl Cauca Val (Dept of) Colombia 7%a 1946 A&O Extl sec 7s 1948 J&D Cent Agricul Bank (Germany) Farm loan 6s 1900 A&015 Ser A Int ctfto '38.A&015 Brevard County School Tax Districts 6s 1933-55 Coral Cables 534s,33-'56A&0 20 18 Farm loan 7s 1950—M&S15 Farm loan 6s I960-— J&J15 SAO A&O A&O 4a 1936-1937 *I§" 23% M&N 15 Caldas (Dept oQ Colombia External a f 7%s 1940-J&J to 4.50 39% 32% 16% 5 ,*/ 5% Internal sliver 5s. Internal silver 3s 32% F&A 1968 to 4.50 34 , Bulgaria (Klngd) a f 7a '67 J&J Sec a f 7 %a stabilisation loan 534s 1936-1944 JAJ Sussex Uu 5s 1934-1970 J&J 6 5.00 4348 1934-1953 A&O 6 5.00 WUmgton—434a '33-'87.AAO 4 34aBldg—-Oon'53-'82 MAS 434a 8 F 1960-63 (a-a).A&0 434a 1936-50 (a-a) AAO 35% 38 72% - "88% 36% 37% 69 58 79 73 Mendoxa (Prov) Argentina—. 7%s extl s f 1951 J&D * 27% Mexican Irrigation s f gtd 4%s (May 1914 coupon on) 1943 2% M&N Mexico (U 8 of)— 4% 3% 30 s 1961 72% F&A £20pieces Stamped (Aug 1 1933 substitude coupon on) F&A Kent Co 434a 1945-1950-M&S NewCastleOo 434a'33-'34JAD 5a 1947-1949 f 6%a s 56 77 / / 31% k _ 58 Extl er5%s 1965 61 M&N Oriental Dev Co 6s '53_M&S 69 Orient DevCo 5%s'68M&N 55 Lower Aust(Prov)7%s 55' 50J&D Maranhao (State Brazil Est ■ 17s 1958 M&N */14 A&O /34% A: 31% f 7s 1962 Stamped Ext DKLAWASK. 434a *60 opt any date 105.JAJ 434a 1961 opt '22 at 105..J&J Dsvp* 8pecS D 5a '34-'40 AAO Sterling Loan of 1899 5s Sterling loan of 1907— 4s Sterling loan of 1910 6s Storing loan 1924 90% 56 67 4s / / to 4.40 a 91 90 Extl 4s of 1910 (£20"pieces)I £100 and £200 pieces Treas 6 % notes *23 ext to '33 Wlndham(T) 434a ,34-,30-JAJ 6 4.15 Aires (Proves 'ftlM&S Stamped (Sept 1 1933 sub¬ stituted coupon on). -M&S Extl 21 54 97% 4s of 1904 Buenoa 4.35 30 20 53% 72 to 4.50 to 28% 72 95% Pub wka ext 7s B '47 M&S Pub Utll Credit a f 7a *52 J&J Japanese Government— g.f 6%s 1954 38% as I* u External 5s of 1899 British—Cons 2He op '23 Q-J I 70 103% 5%s f Feb 1 1937 F&A 4s fund 1990 opt 190O-M&N 86% to I* 51% to 4.15 J&J 6 4.15 J&J 6 4.35 35 16 to 4.75 4a 1934 33% 50% " Bremen (State) 7a 1935—M&8 6 4.00 to 4.50 31 19 19 19 18 17 W HavU8D*4%s'34-*50.M&N 6 4.00 6 4.25 Weatport 4 34a 1935-1944 Weston (T) 434a '33-'45_M&N 6 4.15 4J4a Mar 15 1933-'48-M&8 (K-lngd) extl 7a '51-J&D 5% IntConsol j&j Prestlte Lltterle 5a Ital Cred Consortium for Fub wks ext 7a A '87.M&8 9% 9% 30% / / / If / / 75 31% 29% 29% 32% coii78 July 1 1944— Rtah Free State 5s 1960.M&N 31 8% ext 1941 J&D 7a Cent Ry elec 1952—J&D Extl a f 6%s(1920) '67-A&0 Extl a f 6%s(1927) '57-A&0 5a of 1195— 5a af 1913- 72 r 102 90 A&O 20 28 Gold 6s 1946-A&O Hanover (Province) Germany Harz W W 0%. 1949 -F&A 100 96% Brazil 4a Water 1933-1939-J&J15 6 4.00 4a Water 1940-1965—JAJ15 6 4.40 Haiti (Rep) 0% Ex'52 A-A&O 100% Bolivla(Rep) E« 8a '47-M&N Waterbury— Mtg 7 He 1901 ser A—M&N Sf 7%s 01 ser B($bda)M&N 53 fi* To Net. Hamburg (State of) Germany Bogota (Mtge Bk) 7a May *47 *fk 33 7s Oct 51% 7s 1964—M&N -F&A Sink fd 0# 1968 41% 97% 91% 101% J&D 7a 1955 t W Ask. Hungarian Land Mtg Instlt'n 91 60 38 Stabillz'n loan 7s 1956M&N 6 4.30 f a Greek Govt« §2% 77 Belg Govt extl 0%s 1949 M&8 External a f 6s 1955-. J&J to 4.50 to 4.50 66 73 82% Bavaria (Ger'y) 0%b'45-F&J 6 4.00 Bid. Bonda. Hungary (Klngd) 7%s'44 F&A Industrial Mtge Bk of Finland -J&J 6 4.00 6 4.00 1933. '31. *43. '41. '58 Ry)'60 M&8 Extl 6a aanlt wka 1961.F&A Ext) 6s pub wka 1961-M&N ■xtl5%a pub wka '62-F&A Auitralia (Commonwealth)— Ext 5s July 15 1955-J&J15 Extl 5a 1957 _M&S Extl 4%a 1950 M&N Austrian Govt a f 7a '43-J&D to 4.25 Waillngford (Town) 434a 4a f 6a(State a Net. ISH A&O 334s Sewer 1947-70- J&D15 6 4.50 5% To Ask. 60% 60% 60% 60% 60% 60% M&N 5% 93 Yield Basis Graa(Man)Austria 8s'54 M&N [ Sink fund gold 6a 1959-J&D Extl a f 0s Oct 1969—A&O 6 4.00 BONDS Yield Basis or Net. New London— •4 Ma Imp 1934-1935—M&S 4%a Park July 1943—J&J •4%s Water 1950 F&A 5a Deo 1 1937 J&D Nerwalk (Ola 1954-1964— *434a Sch Mch 1933-1953—•4%a Improv t '33-'39_-J&J 3 %s 1933-71 A&015 I s 32 30% k Last sale. I In London, m Dollars per rubles flat, n Nominal, 1.000 lira flat v Dollars per 1.000 franca, to Dollars per 500 francs, p v Per £20. Per £200 r a Canadian price' Per £300 bond' MUNICIPAL BONDS STATE AND 94 70 49-A&O 16 Berlin 6H» I960——---AAO 6s June 15 1958---J&D 15 Bogota (City) extl 8s *45-A&O Extl s f 6H" 1947 A&O Bordeaux (Olty) 6s '34—M&N Brisbane (Olty) 'ill* 23 115 Oall(Oolombla)s f 7s '47-M&N Carlsbad (Olty) s f 8s '54.J&J Chilean Cons Municipal LoanExtl s f 7s 1960 ser A—M&8 Ohrlstlanla (Norway)— 30-yr b f 0s 1954 OslogneGerm'y 6 His '50 M&S16 Copenhagen— 5s June 1 1952 1937——M&N 15 Municipal Loan "53" 14k 85 8k 80k 86 34 36 70 68 1935-1945 —.-A&O s 10 ks 1953 M&N GermanOons Munlc 7s'47F&A Cons munlc 6s 1947—J&D Hanover (Olty) Germany Extl conv 7s 1939..—M&N Havana—1st 6s 1939 Q-J Q-J 89 82 86 82 86 82 86 73k 4ks 38 42 s 32 k k 57 k 95 95 30 'hi* 105 105 33 60 k 23 20 k '~W* 40 6k 5s 113k 113k Medellin (Munlc) (Columbia) */16 7s extl Dec 1 1951 — 0Ks 1954 Milan (Italy) ext 0Hs'52_A&O Montevideo (Olty) 7s '52_ J&D Extl s f 6s 1959 ser A.M&N Nuremberg extl 6s 1952. F&A Oslo s f g 6s 1955 M&N Porto Alegre (City), Brazil— Sinking fund 8s 1961—J&D 8C40-yr 7Ha 1966—J&J 12 13 k 85k 26 k 20k 85k 82 k ill 18 23 17k 20 Prague (Greater) Olty— 7his loan of 1932-52—M&N 20 Bio de Janeiro 8s 1940—A&O 19k Extl s f 6Hs 1953 F&A 10 5s of 1904 86k Borne extl s f 0Hs 1952—A&O 100 Botterdam (O) ext 6s '64.M&N Baarbrucken (City), Germany Ext 7s Mar 31 1935— A&O Jfcl03k 52 Extl s f 0s 1953— J&J Santa Fe (Olty) Arg Rep extl 7s 1945 A&O »/24 —-- 16 22 il* 87 k 102 k 53 26 115k Sydney (City) N S W— 25-yr s f 5ks 1955—F&A Tokyo (City of) 5s of 1912— 75k beg'17-52.M&S A&O ExtlsfSKs 1961 Trondhjem (City). Norway— Extl sffiks 1957 M&N 1S8 20 7; 6s Nov 14 '30—M&N 18 116 77 54k 66 26 I* CANADA Dominion of Canada— 1960—A&O M&S M&N '33.M&N 5Hs Vict Ln Nov "34.M&N 5ks Vict Ln Dec '37--J&D 5ks Vict Ln Nov '36M& 15 '41M&N15 Alberta (Prov of) 6s "60AAO15 4Kb Jan 15 1957 —J&J 4 Ha Jan 15 1942 J&J15 4H« July 16 1958 .J&J 4 Ho Apr 1 1961 A&O 4H« June 11967 J&D 4 k* Apr 1 1935 —A&O Brit Ool (Prov) 5s '48-J&J 15 6s Apr 25 1954 A&O 25 4Hs 1933-1946 J&D29 4 Ha 1947-1956 J&D29 4 H s ■ f deb Jan 23 *69 J&J23 4ks deb 1936 F&A15 Calgary 5s 1935— a—J&D 15 5s July 11946 —J&J Edmonton (O) 5s *45& 50 A&O 5s s f 1955 & 1960—A&O 5s N Serv Nov 15 5s N Serv Nov 15 mmm mmm •mmm ■ mmm 84 97 98 91 92 98 k 98 k mmm 15 52 M&S15 85 89 -II M&N15 M&S15 1944 —M&S Jan 15 '33-'47—J&J15 Jan 16 '48-'67—J&J15 1934 M&N15 1935-'38 M&N15 1939-70 M&N 15 85 89 mmm 97 100 1941 1943 (non-call)—J&D16 1959 (non-call) M&N 90 88 96 90 87 88 88 87 96 96 90 mmm mm. 4s mmm mmm mmm 80 80 83 83 .— mmm 92 95 mwrnrn. mmm 90 95 mmm 86 80 91 mmm 86 95 90 86 90 86 90 89 91 85 88 88 91 89 92 78 82 78 82 73 73 77 77 77 82 86 68 94 72 98 94 98 mmm mmm mmm 92 mmm mmm 89 mm m mmm mmm mmm mmm 86 84 86 J&J F&A 81 81 74 1934-1937- 83 Ohlc Line Pk 4s *34-'48 M&N 74 77 4Hs 1933 M&N 4Hs 1934-1938 M&N 4Hs 1939-1948 M&N 4Hs 1933-1930 J&J 4 1937-1949 J&J 4ks Jan 1 1950 J&J 4s 1933-1945 J&J Ohlc So Park 4s '33-'39 var— 75 65 65 79 65 i0 70 70 4s 1940-1945 var 4s 1932-1947 4s Sept 3 1937-'41 4s 1934-59 86 79 4 ks 1935-1948 6 6.50 Granite City 4Hs 1934-48 Jackson Oo 4«b 1939-1944— 4.75 72 78 72 78 72 69 78 78 75 91 82 74 78 mmm 74 78 mmm 74 78 mmm 68 78 mmm 86 mmm mmm mmm mmm mmm --- mmm mmm mmm mmm GEORGIA b 4 00 b 4 00 to to 3.75 3.75 Albany—5s 1945 J&D b 4.60 Athens—4ks June 30 1943— b 4 60 b 4.20 Atlanta—4Ha Jan 11940- J&J to 4.20 1934-'37 J&J 6s Water 1938-'51 J&J 4ks 1934-1956 J&J 3ks July 1 1933 J&J Augusta—4 ks Flood '42M&N 5 1942 to 1946 4.50 4.50 1947 to 1957 4.50 A&O A&O A&O *Fort Wayne Sch D 5s 1933*Gary Sch City 4 ks Oct 1943 Haminon (City)— 4s O H 1942-1956—J&J30 Indianapolis— *6 k§ Track Elev '34-*47 J&J *4s Fire Dept J'ne 1 '41 J&J 14 ks Sch J ne 15 '40J&D15 14 ks 1933-1955 J&J *3 Ha Hospital 1930 _J&J Jfc3ks Olty Hall 1939-J&J k Indianapolis 8 D— *4s Bldg Sept 1 1940—J&J *3ks July 11941 J&J *5s Oct 20 1933-39-A&O20 Logansp't *4 k s '33-'37 J&D15 80 Bend *4Hs W W '43-M&N *4ks W W Dec *43—J&D *5Hs 1941 M&S South Bend School Olty— 4Hs Impt 1939-1948-F&A 4,50 6.00 6.00 4.40 4.40 4.40 4.40 4.40 4.40 4.40 4.40 4.40 4.75 4.75 4.75 4.75 to 6s Water to 4.25 4.75 to b 4 20 4% 4% to 4% to 4% b 4.20 to 4% b 4.20 b 4 20 b 4.20 b 4.40 refunding 1934——J&J b 4.20 Clarke Co 5s 1934-41 J&J. 4s to to to 4% 4% 4% to 4 10 to 4.25 Pulaski Oo 5s 1934-48—- J&J 98 Rome4sMunIcbldg'84-'39A&0 8avannah—4ks ref 1943.J&J 6 4.40 101 to 4.10 73 5.25 4.50 5s 1950 & 1951 var 6 4.50 77 62 15 78 6 4.40 69 82 5.25 5.25 Fort Wayne— 4ks 1933 to 1941 to 4.10 83 6~.00 A&O J&J 72 74 Elkhart 4ks WW '34-75 to 4.10 83 79 78 7% (see footnote 0) 72 6 4.40 88 5.10 to Lake Oo 5s road 1934-35-F&A 5s Road 1936-49F&A River Forest S D No 90 89 82 82 79 79 78 6 4.40 84 5.50 M&N 85 78 Hydro-Elec 5s '34-'57_F&N Dougherty Oo 5s '34-*48 M&S Macon 4ks W W 1933-36-J&J 4s Pay & Sew *33 to "39-J&J Marietta 5s W W 1939---F&A 74 79 96 92 90 91 70 73 6b 1934-1944 Evanston S D No 76— INDIANA Columbus—5s 1933-44—J&J b 4.40 to 4.10 100 95 Bibb Co 4Hs 1948-49—M&N 6 4.40 to 4.10 79 79 79 79 79 79 62 70 70 89 J&J J&J 86 4Hs For Pres *33-'43-J&J15 / 74 k" 1935-1943. J&D / 66 4s Ser M 1934 J&D / 66 85 4k» ref 1935-1945 3ks Jan 1934-1935 86 4 85 Winnipeg, Man. 5s *44--A&O 4ks non-call 1944 M&N 4ks June 1 1940— J&D 4Hs June 15 1950—J&D15 is Aug 1 1946 F&Alfl 86 86 Evansvllle *4s ref 1942 14 86 83 83 Case Co o4s 1933—-M&N J&J 70 M&N M&N 89 1970 65 65 65 83 83 83 83 89 89 15 70 70 J&D 85 5s Jan 77 77 74 85 4ks 1942 and 1907—F&A Verdun deb 5s 1954 83 —A&O 4Hs 1937-1950 A&O Chicago Sanitary District— 4Hs 1934-1930 / 57 4ks 1933-1947. Springfield Sanitary District— iks 1933 J&D 100 91 74 97 84 93 97 90k 79 79 75 m 93 98 •74 95 J&J J&J Elgin Sanitary Dist— mm 93 89 86 4s 1935-50 57 Chic West Park 4s 1930-41— Cook Co 4ks '34-'40—A&O / 66 98 89 86 84 is Forest Pres 1934—A&O / 73 97 95 84 Chicago School District— mmm mmm 90 5.25 5.25 — 4s 1935-1936 4s 1937-19504s 1934-1937— 92 96 74 74 m 88 91 Highway 1934-1940—May Highway 1941-1943—May Highway 1945-1954—M&S 4s 1945-1956 M&N 4s 1945-1958 M&N Bloomington Township H 8 Dist No 206 4k- '36-'46 Champaign County— 5s Road 1934-1943—M&N Chicago 4s 1934-1935 J&J 4s Jan 1937 1939-i—J&J 4s Jan 1934-1941--—J&J 4s 1934 J&J mmm 84 80 88 88 4.20 4.25 4.15 4.00 4.00 4 00 4.00 4.00 4.00 - 92 "87 4.20 — "92" "96" 89 to 4.25 4s 86 89 89 74 to 4.10 to 4.25 4s 93 k Crisp Co— 89 75 to 4.25 to 4.25 4s mmm — Oordele 5s W W *34-'38—J&J 88 to 4.25 ILLINOIS 4ks Serv Oomp 1933-43 F&A 4ks Aug 1 1953-38 F&A 4 Ha 1933-1943 F&A 4ks 1933-1944 F&A 4s May 1 1934-1935 M&N mmm , 86 86 4ks July 21945 J&J2 4ks 1955----4ks Mar 15 1960—M&S 4s Nov 15 1935—M&N 15 4s Nov 15 1957 M&N15 Toronto 5s 1933-1940 J&J tts 1940-1950 J&J 5s 1933-1934 J&D 5s 1935-1939 —J&D 5s 1940-1949 J&D 5s 1950-1959 J&D 4ksl933— A&O 4ks 1934-1935 A&O 4ks 1936-1937 A&O 4ks 1938-1939 A&O 4ks 1940-1941 —A&O 4ks 1942-1945 A&O 4k« 1946-1961 A&O 4s £ July 1 1948 J&J 3ks July 1 1944-45 J&J Vancouver, BC.5ks'39 A&O 5ks 1952 F&A 5s 1940 & 1941 var 61 65 Tucuman(Glty)Argentlne Rep Secured 7s 1951 l&D /24k 61 Vienna (C) extl 6s *52--M&N 39 k Warsaw (City) 7s 1958—F&A 61k Yokohama extl 6s 1961—J&D 4 Hb Feb 1 1936 —F&A 5s refdg Oct 15 '43.A&0 15 mmm 42 , 4k s Gap Bldg 1934-1939-J&J 6 4.55 6 4.50 4ks imp 1933-47 opt '30— 4ks Ref 1934-35——A&O 6 4.25 4ks Ref 1936-1939 A&O 6 4.50 4.50 4ks Ref. 1940-45 A&O 4ks Road 1937 opt '27-J&J 6 4.50 5s 1945 & 1946 var... 86 k Santlago(01ty)Ohlle78'49 J&J2 ♦/ .76 Extl a f 7a 1961 -M&N ♦/ 7 15 Sao Paulo Brazil 8s 1952 M&N Extlsf 0Hs 1957—M&N 15 Solssons (City), France— 6s mmm 83 --M&N 4s May 15 1934-43-M&N 15 4s May 15 1944-57-M&N 15 4s May 15 1958-68.M&N 15 Hydro Elec Pow Com— 5s Jan 11935 J&J 2 4ks Jan 1 1970 J&J 2 Ottawa City 5s '33-'45 J&J 0s Munlc Imp '33-'50—J&J 5p July 1 1933-1958 J&J 4k« 1934. 1935. 1944-J&J 4ks 1933-1937 J&J 4k« 1938-1942 J&J 4k» 1943-1900— J&J Quebec (Province)— 4ks 1950 spt 1945—M&S 2 4kssf 1961. M&N Quebec Olty 3Hs 1933—J&J 5s 8 P (non-call) 1960 M&N Saskatchewan (Province)— 4s 30k s 4k« 4ks 4ks m mmm 83 D«b4ks 1900 4ks 4 Ha mm 92 Ontario (Prov) 6s "43- 26 29 (Germ)7ks'60 J&J Helslngforo (Olty) Finland— 60 k Extl s f 0Hs 1960 A&O Hungarian Oons Munlc Loan 21k sfg 7«s 1945 -J&J Unmat'd coups attachedExtl 8 f 7s Sept 1946-. J&J "20k Unmat'd coups attachod. "36k Leipzig (City of) 7s 1947—F-A Lima (City) Peru— Extl ■ f 6Hs 1958 M&J ♦/5k Certificates of deposit— Lyons (City) 6s 1934—M&N Marseilles (Olty) 6s '34.M&N 112k Heidelberg 19k m s Extl 6s Mar 1937 5s May 1952 84 Is May Deb 4ks Sept 7s SO-yr 4s Oct 1 90 3 M s 60 ftH« 1955 MAN k 72k 66 5s 1953 F&A Danxlg Port A Wat Ways Bd 36 Extl s f 6H» 1952 J&J 40k Dresden (Ger) extl 7s *46 MAN Frankf't (Ger) 35 , 7s 1934 A&O Red ann s f May 1 1933 £ M&N 1 1944 M&N refdg May 1939-M&N Mefcrsp-O# 4ks *53. '54 &'01 4k» May 1 1965 M&N Harbor Commissioners— 5s Not 1 1909 M&N New Brunswick— 4ks non call 1958-M&N 15 4ks ■ f Apr 15 1961 A&015 4ks 1955M&S Vortta Vancouver 5s '00.-J&J Nova Scotia (Prov)5s 1934F&A Deb 5s 1960 M&S mmm 85 83 87 mmm 89 80 mmm 97 84 82 • 56 / 14 Danish Cons Ext g 90 mmm mm 100 is Cordoba^ (Olty,) ^Argentine^Rej? 2d 6s— 97 28k -J&D MAN 1953 82 82 1933 1934-1935 1936-1939 1940-1951 June 1 1971 s 50 k 90 J&J A&015 A&016 A&OIS A&Olfi J&D Jan 1944.—-. • s 47 k 46 k 91 87 Net. Ask. IDAHO rnmmm ■mmm 86 86 72 , 73 88 Bid. Bonda. mmm 97 79 77 77 73 To or Net. 87 93 75 Iks May 1 1945 M&N 4Hs Dec 15 1050 J&D15 Montreal 5s Dec 1 1945-J&D 5s s f Nov 1 1950 M&N s May 1954 —- 76 28 Ask. 83 Lachlne P Q 5s 1954—-J&D Matsonneuve Q 5ks '36.M&N Manitoba (Prov) 5s 1944J&D2 s P Bid. Bonds. Net. 71 F&A 20-yr s f 6s 1950 J&D Budapest (Olty of) Hungary— Extl s r 6s (of 1927)'02_ J&D Buenos Aires, Argentine Rep_ Exten 6Hs 1955 ser B. J& J Extl s f 6s 1960 Ser 02 A&O Extl s f 0s 1960 ser 03 A&O Extfsf 7s 26 Australia— 8 f 5s 1958—— Extl g 4Hs 27k 25H 1957——MAS 30-yr s f 5s 30 26 k lWivjx-viJS* 75 28 £ Bergen. Norway— Extl s f 5s Extl ■ f 5a Octlfi 90 72 Bonds. Ask, To or To or Bid. Yield Basis Yield Basis Yield Basil 6 4.50 to 4.25 6 4.20 to 4% 6 4.20 to 4% 4ks Drainage 1944—F&A to 4% 4ks Refunding 1959—F&A 64.20 102 98 Spalding Co—5s 33-'49—J&D Swalnsboro 6s 1934-50—A&O Valdosta 5s 1934-1942 Jan 6 "4.70 to 4.40 % 103 100 Ware Co 5s Road 1933-49-J&J 90 100 Watkins S D 0s 1934-50-M&N 100 90 Woodbury 6s 1933-49—J&D INDIAN TERRITORY (See Oklah oma). IOWA 4Hs 1933 J&D 4Hs 1934-1940 J&D Burlington 4ks 1933 M&N Cedar Rapids 4 Ha *49-'53M&N Davenport Indep Sch Dist— 4 k 1939-1940 M&N 4 ks 1940-1941 M&N Des Moines 5s *33-'57 —J&J 4ks W W 1934-42—-J&D 6s Gen Oblig 1933-40—J&J Des M Ind 8 D 4Hs *33—J&J 4ks Sept 1 1945 M&S 4ks 19444s Sept 1 1945 M&S Fort Dodge 5s Fund '39—A&O Fremont Oo 5s 1933-35—J&J Marshalltown Ind S D— 5 4.50 5 4.50 5 4.85 to 4.25 5 4.85 to 4.60 % to 4.25 1 to 4.60 % 5 5 to 4 60 5 5 to 4.60 5% to 4.60 it to 4.60 to 4.60 % I t to 4.60 % 5% 5% 5% to 4.60 % to 4.60 % 5 to 4.60 % 5s Olty Hall 1933-39..M&N 5 5% to 4.60 % to 4.60 % 82 80 76 65 65 86 70 Halifax N 8 4s July 1945-—— 71 70 75 —J&J 86 89 1941—A&O 82 87 6s Jan 1951 Hamilton— 4s Elec L & P Basis. * Last Sale. ♦ Negotiability Impaired by maturity n Nominal. 0 Tax-exempt, under a law approved March April 23 1903, bonds issued after that date by municipal corporations are tax-exempt and these sell on a better basis, /Flat price. Which went Into effect 9 1903, and s Sale price. STATE AND MUNICIPAL BONDS Yield Basis Yield Basis or Bonds Mar shall town— Ask. Bonds. Bid.0T Ask. New Orleans— 4Kb Water 1934-42 A&O 4Kb Water 1943&'44—A&O Ottumwa 4Kb June 1930 Polk County— 5s Funding 1934-35 Sioux Bid. Bonds. 6s Pub Belt RR '39-'49.J&J 5s Pub Belt 1950-59 J&D 4 Kb 1934-89 J&J J&J J&J 4Kb190O-07 J&J 4Ha 1933-1977 A&O 4b Floating debt 1948- A AO 4s Constitutional 1942-J&J 4s Public Impt 1950 opt 1942 (old Issue) J&J 4s Pub Impt '42 opt '2S.J&) 4^s 1940-49 4 KB 1950-59 J&J City 6s '35-'45—F&A15 0s Ref Aug 15 1940—F&A15 5s Fire Fund 1933 ——J&J 5s Police Fund 1933— M&N 4Kb Sewer 1934-47—M&N J&J Sioux City S D 5s 1941 Orleans District— KANSA8. 5s July 4Ks 1933 ———————J&J to 4J4s to 4b to Soldiers Oompen *34-'52 Oomp 1953—J&J Oomp 1954—J&J Crawford Co 4Kb 1939 Soldiers Soldiers 4b 1950-1969 J&J 4Kb 1934-1901 A&O 4Kb Sept 1 1933-1968.M&S to 4% to 4.50 Orleans Parish Sch Board— 5s 1930-1944— J&D 5b 1945-1967—— J&D Plaquemlne Parish E Bank— Hutchinson— 4Kb Pub Bldg '01 op '31 J&J 4Kb 1933 4Kb 1939... to 4.25 to 4.25 to 4.25 5s Oct 1952 opt 1942—A&O Pentchartrain District— D 6s 1944 MAN 6s July 196S J&J Red River A & B B District— City 5s"l942——Zf&A 4Kb Wat & Light 1944-J&J 4Kb Wat Plant Pur *39 J&J Kansas 4Kb — Imp July 18 '49-.J&J Board Education— 1934-1953 F&A 4Kb 1933-1953——J&J Sch DIst 4Kb 1934-54—J&J J&J J&J 1934-1939 1940-1949 5s July 5s July 4% 4% 4% 6s 1950 Series B or 5s Mar 1953 4KB A&O opt 1943-M&S 5s 1965 Series D F&A Shreveport— Leavenworth— 5s 1934-1930—F&A 5s Dec 1 1933-1909—J&D 4Kb Water 1934-1947—J&J Leavenworth Co 5s 1935 McPherson 4Kb 1945 5b Wat Wks Riv '34-'40M&8 4Kb W W& 8ew'33-'54-J&J 1 4Kb May 2 1934-07-M&N2 < Reno Co 5s 1941 Saline Co 4Kb 1945 Tensas Basin Levee District— 5s Jan 1957 Sedgwick Co 4Kb 1940— Shawnee Co. 4Kb 1944 Topeka 4Kb 1933 F&A J&J MAIN! - 4Ks 1948 Topeka 8 D 4Kb 1933-40— Wichita 4Kb 1933-30 Wyandotte County— 4Kb Bridge *34 to '41—F&A 4Ka 4Kb 1933-19391940-1945 5s Hway an Bdge *34-'54-A&O 4s Sept 1 1934-1953 M&8 4s HIghw & Bdge *35-39 M&N 4s HIghw & Bdge '40-44 M&N 4s State Pier 1934-1942—M&8 3Ka 3Ks 3Ks 3Ks 3Kb kentucky 4Kb Bridge 1950 J&J Ashland—5s 1934-37 M&S 4Kb SI'42. *47&*52.-M&S Bowling Green—5s 1955.J&J Covington— 0s WW Jan 15*33-'01 J&J 15 4Kb Fdg 1934-48 F&A 4 Kb 1935-1950 4Kb WW 1934-51 A&O J&J 5a S D 1938 4s 1935 & 1940 tax-ex—J&J Augusta 48 Oct 151934-55A&0 3angor— 4s Ref Wat '35 (taxable) .J&J Bath 4b Ref 1941 tax-ex. J&D Belfast 4Kb Ref 1933-1950.-. BIddeford 4s 1934-35—M&N 8rewer 4Kb Ref 1905 4 K« Jan 1 1970. J&D J&J 4Kb Sewer 1969 4b Ref July 1 1937 J&A J&J F&A 4s Sewer 1947 4s Lou W Co 1959 3Kb 4s 1934 Kennebec M&N (taxable)..J&J Water District— Old Town Water 4s July 4s July District— J&J J&J 1933-1939 1952-1958 Portland— 4s O H *34-*45 tax ex_A&0 4s High Sch 1936 tax-exem. Portland Bridge DIst (taxable) 3K«" July 1934 to 1939-M&8 Portland Water District— 4s Funding 1938 4s Funding 1948 Saco 4s April 1939 J&D J&D A&O iouth Portland Sewer DIst- F&A J&J 1970 Ref 1943 4s 1933-1950 Watervllle 3 K» 1935 M&N M&S J&J Owensboro—5s So vrer- . MARYLAND .J&D Paducah—> 4Kb w w 1933-1970—A&O Warren Co—4Kb *34-*59-J&J LOUISIANA. 4Ks Aug 15 1933 F&A16 4Kb Rd & Bdge.'33-'40 J&D15 4Kb 1933-1942— J&D15 4Kb 1933-1942 J&J Annapolis 4Kb W W '42-A&0 Baltimore—5s 1934-1946 M&S 5s 5s Port Oomm'n *34-*59—J&J 5s Highway Dec 15 "35-49 J&D 5s Dec 31 1938 —J&J High High High High High High 1934 DIst— 4s Ref May 1 1959—M&N KIttery Water District— 6s Jan 1934 to 1938 J&J 3s Sew & Park 1941—J&J McCracken Co—5s 1933.M&S 4Kb 4Kb 4Kb 4K* 4Ks 4Ks 4Kb Sch Water District— F&A 4s Sewer 1965 4s Jan 1 High 4K» 1933-1945 Jaralner J&D Livingston County— 5Kb R&B Fdg Marl'49A&0 Louisville—5s Sch 1902-A&O 4Kb Hospital 1951 M&S 4Kb Bridge Rev *48—M&N M&S M&S M&S M&S M&S Auburn-— 4b Fdg 1952 opt '42—F&A 4Kb School 1933-09 Crittenden County— 5Ks Fdg Feb 1 39-'49_F&A Henderson County— 4Kb R&B Oct l'34-*50 A&O Hickman—0s Fdg 1949--M&S Lexington—4b 1945 F&A 1933— 1934-1935 1936-1937 1938-1939 1940-1951- 1934-1961 6s Gen. A&O Imp. 1943-45—M&S 6s Water 1961 A&O 5s registered 1946 1934 1935-30 J&D 15 J&D 15 1937-39 1940-45 1946-49 1950-55 J&D 15 M&S 4Kb Mar 11934-'55—M&S 4Kb Mar 1 1955 M&S 4s Aug 1 1951 F&A J&D 15 J&D 15 J&D 15 4s Annex 1954 J&D 4s Parks 1955 4s Mar 1 1901 -M&N F&A15 F&A15 F&A15 4Kb 1942-1952 F&A15 Atchafalaya Levee DIst— 5s Sept 1933-1972—M&S15 5s DIst ref & imp '49—M&S M&S 4Kb 1935-1937 4s Aug 1 1901 F&A 4s School 1934-1939—M&N 4Ks 1938-1941 4s 5s 1934-1909 Baton —F&A Rouge—5s '34*'54.M&8 Bossier Dist Levee 5s '64. A&O 5s Nov 1958 M&N Caddo District Levee— 5s 1951 opt 1941 Fifth District Levee— 1950 opt 1940 5s 1952 opt 1942 5s J&J 4s M&S A&O 1956-1965 M&S 1972-1975 M&S 1933-1957. A&O 3Kb Impt 1940——J&J 3Ks Mar 1945 M&S 3 Kb Refunding 1952—J&J 3 Kb Sewage Impt '80-A&O Oumber'd 4Kb W W '41-A&0 4s 4s 4a Hagerstown— J&J J&J 5s Oct 15 1902 op '52—A&O 5s Oct 15 1963 A&015 5s 1957-1907 A&015 5b 1959-1909— F&A15 5s 1972 Lafourche Basin Levee— 5s Water 1938-19S7 4Kb 1930-1980... A&O A&O Montgomery Co 4Kb 1939-1968 M&N Washington Sub San DIst— 4Ks Sewer g 1973 J&J . 5s 1909 . 6s Jan 1954 opt 1944 1945-1971 ReglB'd atk 1940-57.M&N 4s 1933-1944 J&J 5s Jan 1937 opt 1928 J&J 5s 1956-1970 —A&O Lake Borgne DIst Levee— 6s Dec 1952 opt 1942..J&D MASSACHUSETTS 4s 1933-52 (tax-exempt)—Var 4s Water registd 1933-'58.J&J 3Ks 3Ks 3Kb 3Ks gold July 1 1935 J&J 1950 ref (tax-exem).J&J 1937 reg (tax-exem).J&J Water 1942 J&J b Basis. y /Flat price, n Nominal, o Tax-exempt, under a law approved Mar. 13U909,and which went into effect Sept. 11909. muniolDal corporations are tax-exempt and these, accordingly, sell on a better basis * Less K. rLessl. yLess K* Bonds issued after that date fLasslK. uLess2. pLsbs 4 STATE 96 AND MUNICIPAL BONDS Detroit (concluded)— 4Mb J»n 1 1943-1957—J&J o4M« 1934-1935 M&N SIms M&N M&N 1935-1937 o 4Mb 1935-1951 4 MB 1942-19524Mb JaD 1 1957 J&D 4MB 1934-1934 wsl&i SJ&N15 4M"1936-1960 m&N15 School 1944.—-- M&8 o4s School 1940 .--M&N o4s May 15 1956—M&N 15 o4b May 11901 M&N oFllnt 4 Mi '33-'54—M&S15 J&D 4M» 1934-1937 o5s (Mar 15 & Apr 1) '33-'60 Flint Union Schoo 1 Dlst—» 5s 1934-1964 M&S 4Mb Mar 11935-1939——— Grand Rapids 5b 1934- . -A&O 4M« Oct 1 1934-1938—A&O 4MB 1933-1953. F&A 4Mb 1933-1935 F&A 4M» 1936-1942 F&A 4s 1933-1953 —— 4B 1943-1900 F&A 8MB 1933-1933— F&A 8MB 1934-1937 F&A 8MB 1938-1941 F&A 8Mb 1942-1961 F&A Grand RapldB SchooiDtotrict— 4M 1934-1943 M&S Highland Park— 04Mb Sept 15 1934—M&S o4M* April 15 1957— 4b 1934-*47_A&016 4Mb Gen Impt '33-'54 M&N Jackson 4Mb Jackson Un S 4MB 4Mb Ask. 56 56 56 59 56 59 56 59 56 56 59 59 56 59 56 - 59 56 59 56 59 55 65 50 52 50 52 50 57 50 57 82 78 78 78 78 78 78 78 78 82 82 82 82 82 78 82 82 78 81 78 81 65 70 70 65 68 M&N 65 68 1933-'30-J&J3 6.CO 1937-1946 J&D Muskegon 4Mb 1934-44—J&J 4b May 1 1934 M&N 4s* 1933-1933 F&A 4s 1934-1938 F&A 4s 1939-1961 F&A 6.00 6.00 6.00 6.00 6.00 6.00 Muskegon S D 6b 1942---Jul 80 84 '34-47—-M& 36 42 36 36 42 36 36 42 42 36 42 ----- 42 Wayne County— 4Msbldg&bdge 34-89M&N 4Mb 1942-1949 A&O 4MB 1933-1941 A&O Wyandotte 4Mb 1934—J&D 8% 5 7.50 to 6 7.50 to 8% 6 7.50 to 8% 6 7.50 to 8% 4Mb 1940-1950 4 Ms 1934-1950 4.05 4.10 M&N 4.10 4M» 1933 4Mb 19374Mb 1946 4flWater & Light 1936. A&O 4b 1933-1940 —J&J Duluth Ind School Dlst— 5Ms 1930. 193S. 1940-A&O 4Mb Feb 1 '40 op *80—F&A 4.10 5s 1941 A&O 4.10 4.20 4.20 4.10 4.10 Minneapolis— 5a 1935. *30. *40. '43. '45^ *40. '47. *48. '49. '50-J&D 64.00 1934-1935 1934.A&O A&O 4Mb Apr 1930 & 1937-A&0 4Mb Apr 1938-1939—A&O 4Mb Apr 1940-1952—A&O 4Mb 1934-1937 A&O 4Mb School 1933-1941 4Mb 1934-1934 A&O 4MB 1935-1940 A&O 4a School Jan 1 1935—J&J 4Mb Apr 1934 & 4Mb Apr 1935 6 6.50 to 6.25 b 8 s 6 6.25 to 6% 6 to 5.75 6 6% 6% 6% b 6% 6 6 4.00 to 4.10 % to 4.10 % 6 4.00 6 4.00 to 4.10 % to 4.10 % 6 4.00 to 4.10 % % % % % % % % % 6 4.00 to 4.10 6 4 00 to 4.10 6 4.00 to 4.10 6 4.00 to 4.10 6 4.00 to 4.10 6 3.00 6 4.00 to 4.10 6 4.00 to 4.10 6 4.00 to4.10 to 4.10 % ,34-'45—M&S 6 3.80 to 6 3.60 6 4.00 to 3.80 6 4.00 to 4.75 6 4.10 to 4.75 ) 4.25 6 4.25 to 4.75 to 4.75 6 4.00 to 4.70 6 4.00 to 4.75 6 4.25 to 4.75 6 4.00 4MB 4MB 4MB Bsgota 6 4.00 to 4.50 6 3.90 to 4.10 6 3.90 to 4.10 100 100 to 6 4.00 4.00 J&J J&J J&J A&O A&O A&O 6 3.90 4Mb July 1 1955 4Mb 1934-1937— 4M« 1938-1959 4b 1934-1935 4a 1930-1939 4b 1940-1901 to 4.10 4 00 4Mb Impt 1953 95 to 4.10 6 3.90 to 4.10 to 4.10 95 90 to 6.00 to 6.00 91 % to 4.10 to 4.10 1 1 jatr IceRef 5b '44 6 3.90 to 4.10 % Beatrice S D 6s 1933-54—F&A 6 3.90 to 4.10 % to 4.10 % >ougias County— 6b Highway 1942——A&O irsnd Island Sch District— 4Mb Ref 1933-40, opt 1930 Holdrege S D 5s 1939-52-J&D Kearney— 4Mb Sch '44. apt 1929-J&D Lincoln School District— 6 3.90 6 3.90 6 3.90 6 3.90 to 4.10 % to 4.10 % to 4.10 % to 4 10 % 100 opt '84 A&O 93 4.75 to M&N 4.20 to 6% McCook Fund 6b '84-43-F&A 5.50 to0% Norfolk 4Mb ref 1945optM&S North Platte Sch Diet— 4.60 J&J 6 0.25 J&J 6 0.25 to O 70 6% to 0% 4Mb 1934-1953 4Mb 1940-50 Omaha 4Mb ref 1933 5.25 J&J 4.20 4Mb Ref *42. opt '82.M&N York School District— 4Mb 1936-55 J&J to 6% to 6% to to 6% to 6% to 6% to 6% to 6% to 6% to 6% to 6% to 5.50 to 5.50 to to 6% to 6% 6% to 6% 6% to to 6% 6.50 % 6 6.75 to 6~25 6 6.75 to 6.25 6 6.75 to 6.25 6 6.75 to 6.25 to 6.25 6 6.75 to 6.25 6 6.75 to 6.25 to 6.25 J&J 6 6.75 6 6.75 1937-1970 6 6.75 6 6.75 J&J 6 6.75 1935 & 1936 to 6.25 J&J Cape May—5s 1934 I 6% to J&D 6 to 6.25 to 6.25 8% 8% 8% to 7% to 7% to 7% § to 7% to 7% j* §•£§ 5.75 5.75 5-75 ? 6.00 & 5.30 £ 5.30 £ 5-3R 5.40 to 5.40 to 5.40 to 5.40 to 5.40 to to 6% to 6% to 6% to to 6% 5.50 to 5.05 to 5.05 to 5.05 & 5.30 6 5.30 6 5.30 to 5.05 & 5.30 to 5.05 to 5.05 to 5.05 to to 6% 8% 8% 8% to 6% to to . 4Mb Bldg&Rd'33-'45 J&D20 Hackensack—4Mb 1942-F&A 4Ms Imp 1934-1942 J&J 6s 1934-1954 F&A Hoboken—-4Mb 1940 J&J 5a School 1934-1954—J&J Hudson Co—4Mb 1948—A&O 4Mb May 1 1&50 M&N & 6 6 6 6 6 4Mb 1934-1978—M&N15 6 4b g Park 1954 & *69—M&N 6 refunding 1935-F&A 6 4Mb Jo,F '33-*34—J&J15 6 4Mb July 15 *35-'74 &J15 6 6 25 7.00 7.00 7.00 to 6.50 to 6.50 to 0.50 75 70 75 70 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 4.20 4.20 4.30 4.25 5.75 4.80 b Basis, d Nowpaid by N. Y. City. /Flat price, n Nominal, o Tax-exempt; under a law approved March 13 1909, and which Sept. 11909. bondslasued after that date by municipal corporations are tax exempt and these, accordingly sell on a better basis. 6.50 to 6.50 4b gold J&J 4Mb Wat wks Dec 15 '41J&J 4Mb May 11950 M&N 5b 1948 J&D Omaha 8D 4 Ms May 1*55 M&N Scottsbluff— to 6% (Bora) 5s 1933—J&D — 6 0.25 6 0.25 0% to 6% Gloucester Co— 6 0.25 M&S A&O to 6% 6 6.25 Fairview—5s 1944 6 9% 5.00 GloucesterCIty4Ms*33-66 J&D & 9% 4.60 5Ms Water 1937-1955& 9% NEBRASKA 6 3.90 6 3.90 60 to 8% to 6% - o 6 3.90 60 60 to Englewood—4s Sept '35-M&8 Essex Co 4Md Road *35- F&A 4MB 1934-1935 M&S15 4Mb 1930-1949——M&816 4Mb 1950-1960 M&S16 4Mb Road 1933-1930--F&A 4s Hospital 1940 F&A 3.65s Park '34 to *35—F&A Essex Fells (Boro) 5s July 28 1933-1960— 90 rhlliips CoSsDec '35 op'33J&J 6 3.90 MISSISSIPPI 5 Mb Impt 1934-1940 5Mb April 1934-1934 4Mb 1933-1950 4Mb 1933-1934 J&J Lincoln Co 5s '34 op 7% to 4s Water 1933 J&D & 5.75 Elizabeth—4Ms 1955 j&J 6 6.25 4Mb 1934-1967 &O 5 6.25 5Ms Dec 1 ie33-1940-J&D £ 6.25 6B 1934-1972— J&J 6 6.25 98 fi '27.-J&J Kalispeli 5b 1933 7% i to 3.75 95 93 4 Ms Wat & Sew to.4.10 % to 7% J&D 6 6.50 6 7% 1944 97 5Ms Sewer *35 to '39.-J&J 6 7.00 '33-'50.J&J 6 7.00 to4.10 6 3.90 6 3.90 8 B 100 90 7% 7% to %°.i 95 90 7% to 4Mb School 1934-1951.M&8 6 3.75 4 Ms 1934-1952 M&S 6 4.00 Cape May Co— 5s 1934-1935 4.00 M&S * 5b 1930-1940 M&S £ % East Orange 4Ms '33-'46_F&A 5 to 4.50 4Mb 1933-1909 J&D £ 5s Sewer 1934-1900 J&J £ 4s 1934 A&O 6 98 7% to 7% J&D 6 6.60 J&D 6 6.50 1943-1949 1950-1954 1955-1958 Brlgantlne 5Ms Sew "33—J&J 1933-01 F&A 4Mb School 1943 A&O 4Mb Water '34 to '0O.M&N 4 Mb 1942-1909 J&J 3.75 Camden Co 4Mb 1932--F&A 4Mb 1935-1957— J&J s 1933-1904 F&A s 1933-1934. J&J Great Falls— 6 3.90 to to F&A Camden 5 Ms MONTANA to 3.90 to 7% 6 7 4Mb 1933-1940 J&D Bound Brook 4 Ms '33-'42 J&D 6 7. City— to 4.10 to 7% 4Mb 1933 to 1969—J&D 15 Bridgeton (City)— 4MB 1933 J&D 6 0.50 4MB 1934-1935 J&D 6 6.50 6 6.50 4MB 1936-1942 J&D to 4.25 1933-1943 4% to 4% 4MB 1935-1939 4MB 1940-1953.1 F&A b 3.50 to 4Mb W W 1934-1945-A&O 4% 4Mb 1933-1948 M&N 6 3.50 to 4% 4Mb 1941-1948 M&N 4s 1936 M&N 4s 1937-1940 M&N 4b 1941-1945 M&N 4s 1946-1951 M&N Springfield 4Mal934-49.M&N 6 4.25 to 4.75 6 4.00 60 60 60 60 1936-1940 4Mb Dec 15 1933-64—.J&D 6 6.00 6 6.00 to 4.75 6 4.00 4% Bloomfleld— to 4.75 6 4.00 to 4.10 to 60 4Ms 1934-1939— A&O 4Mb Aug 1933-1938—F&A 4s Court Hse '34-'38—A&O to 4.50 to 4.75 6 4.00 to 4.10 to 4.10 5s Dec 1944 J&D 5s Dec 15 1933-1956.J&D 15 to 4.75 6 4.00 4% 4% to to 4.10 Audub S D 6s 1933-'40—A&O Bayonne 6s 1934-1949 J&J to 4.75 6 4.00 to 6 4.20 6 4.20 F&A 4Mb School 1934-60—F&A Belleville 5s 1934 & "44-M&N Belleville SD 5s *33-'44M&N Bergen Co 5M8 33-'34_.J&D 5 Ms Dec 1 1935-1942--J&D 6Ms Dec 15 1933-60-J&D15 6 4.00 to 4% 6 4.20 J&J 6 4.15 lo: 3-1963 4Mb Fundlnu 1945— 4Mb School 1933 J&J 6 3.50 F&A 6 3.70 6 4.00 bdge 1938—J&J 4Mb 98 M&N J&J16 NEW JERSEY 4.10 Inst Conatr 1942-'49_ J&J 6 4.10 Inst Constr 195O-'60-J&J 6 4.10 Road & Ddge 1933—J&J 6 4.20 Road & Atlan Co. 4Mb 1934-35-A&O 4Mb Bridge 1930-57-A&O 4.10a 1933-1934 M&N to 4.75 98 A&O 3Mb 95 91M 4Mb 1938-1958 J&J 4Mb Paving 1938 J&J 4Mb Jan 1 1945 J&J 4Mb June 1 1933-80-J&D 4.40s 1934-1954 M&S 5a 1934 F&A 5s 1935-1939 F&A 5s 1940-1947 F&A 6b 1948-1908 F&A 3.90 St Louis 4Mb Bridge *35.A&O 4Mb Public Bldg & Imp 1933-1941 M&N Ramsey Co 4Mb *33-'50.F&A 4Mb Dec 1 1935-1950.J&D 4Mb Rd&Bdge 38- 44 M&N 4Mb Rd&Bdge '83-'37 M&N 4Mb Rd&Bdge '33-*43 J&D St Paul—0b Sc July 1 *61.J&J 4Mb W W 1933-42—A&O 5b School July 1 1951..J&J 5b Gen'l impt 1934-02. J&J 4Mb July 1935 J&J 4Mb Sewer July 1 '43—J&J 4Mb Water Aug 1 '43-F&A 1942. J&D* 6 4.00 98M -— M&N M&N M&S 1951-1900 M&S 4 Mi 1934-1970 M&N Atlan City 4Mb 1933-38—J&J to 3.70 SMsEducat'lopl '31-*41- J&J 4Mb Educational 1944 J&J Billings 5s 1934 op 1929-J&J Butte 5s 1934-1930 J&J 6s 1941 J&J Daniels Co 6« 1933-1942... da Improvement 4b 1944 98 1933-1934 4Mb 4Mb to 3.50 6 3.60 3 Mb 1941-1951 1934-19434MB 1942-1949 99 M&N 4s Road 1950 J&J -J&J 4Mb 99 10nW 99 Aflbury Park (City)— 4Mb 1935-1939 4Mb 1934-1953 3.50 St Joseph 4Mb ref 1951 University 99 a 1940 —J&J 4Mb Highway *54 opt '39-J&J 4Mb 1955 opt 1940 J&J 5.75 to 5.75 to 5.75 to to St Joseph S D 4Mb 1935 4b 1940 100 100 M&N 6Ms Bridge 1933-40-M&N 4Mb Sanltorlum'33-'42-J&J 4Mb Hospital *34-'41.M&N 4MB 8 J&J St Joseph 4 Ms 4.20 Hennepin County— 0b Bridge 1934-40 5aStImpMay2'37-'4lM&N2 6.50 to 6.25 6.50 to 0.25 J&J 4Mb Dec 1 1939 J&D Duluth 4Mb 1934-1947—-J&J opt 1924 4a 4s 1935-1940 4s 1941-1945 Net. 99 M&S Ms Highway 1934-43—J&D oncord 4Mb 1942 J&D 4Mb '38, '40, *42. '44.M&N 6 6 J&J J&J 4.00 4b 1934 to 6.50 , J&J J&D Keene 4 Mb 193^-1942 Manchester— to 6.60 . J&J15 4Mb 1933-1942 to 6.50 HAMPSHIRE 4b July 1933-19484s June 1933-1938 4s Highway 1934-43 Ask. 0.50 6.25% — MINNESOTA 4Mb July 15 1943 to 6.50 0.60 6.25% 6.50 6.25% 4Mb Road 1948-1950—M&S 4Mb 1933-1937 A<*U 4Mb 1938 & 1939 A&O 4Mb 1943-1940 M&S 4s Road 1734 Ser D M&S 4al943-1947M&S 4s Road 1944-1948 A&O 4s Nov 1 1948-1952 M&N 8mb 1948-1952 4Mb Road 1938-42 Jackson Co 4s 1933-'61 J&J 4Mb 1934-1950 J&J 4MB 1936-60 J&J15 4Mb 1949—J&D 4Mb Road 1937-52 4Mb Court House 1937-52 Joplin Sch Diet 4Mb 1943-'48Kansas City 4mb 1935 J&J 4b 1935 J&J 5b 1935 J&J 5s sewer 1935 J&J 4Mb 1939-J&J 5s water 1939 J&J 4Mb 1940 J&J 5s bridge & road J&J 4Mb Various 1933-72 4Ms Jan & July 1942—J&J J&J 4Mb 1933-1954 4MB 1933-1943 J&J 4MB 1934-1955 -A&O 4Mb 1933-1947 J&D 4mb Airport 1933-'54—A&O 4s Airport 1936-1951 4s Auditorium 1933-1970— 4b Various 1933-1970.M&N Kansas City S D 4s 1941-1951 J&J 65 4b 1941-1957 4Mb 1946-1951 M&S 5Mb Sewer 1933-1942 F&A da Wat Impt 1933-35—J&D 0s Wat Impt 1936-60— J&D Saginaw 4Mb sew 1933—J&J 4Mb Sewer 1933-1949-F&A 4Mb Sewer 1933-1951-J&D 4MsWat Jan 2 '34-'39-J&J % 8% 10% to 6 3.00 78 4Mb Pantlac—4Mb to 6.50 7% 610% 6 15% 7% 7% 7% 7% 6s March 1933-1930 Lansing— 04 Mb Jan 3 6 6% MISSOURI 82 M&N 1937-1946 NEW to Bid. Bonds 6 6.25 6 6.25 6 6.25 6 6.25 To or Net 82 82 78 78 Ask. 82 D— 1933-1930 Bid. Bonda. 4Mb Flood 1933-'53 A&O is July 1 1933-1935J&J _,is July 11930 J&J 3 mb State 1934 opt 1914-J&J Greenville 6s fund '43-'50 F&A BIloxI 5Ms 1934-1943—A&O Harrison Co 6Ma 1940-60 F&A Jackson 5Mb July 1 1933-J&J 5 Mb 1934-1954 A&O 4Mb 1933-1952 4Mb 1933-1952 M&N fones Co 6b 1933-1942.— M&N Meridian 5s Dec 1 1939--J&D 4Mb School House 1941 J&J Mississippi Levee District— 6b May 2 1944 M&N 6b July 11963 J&J 4Mb Sept 1934 M&S Vicksburg— 6s Pub Imp 1934-48—.F&A Yasoo-Mlss Delta Levee Dlst6s 1933-1954— M&N 4Mb July 1949 J&J 4b 1952 optional 1922-.J&J 59 59 56 Net. 59 To or To or Bid. Bond* Yield Basis Yield Basis Yield Basis went into effect June, 1933.] STATE AND MUNICIPAL Yield Basis Hunterdon County— 4 Ha 1934-1934 J&J 4Ha road & bldg '35-*46 J&J Irvlngton 5a School '63—J&D 4Kb 1933-1933 J&D 4 Ha 1934-1939 J&D . Ask. Bid. Bonda. 4 Ha 1940-1959 6 6.50 6 6.50 to 6% to 6% to 6.25 to 6.25 6Hs Dec 1 1933-1933—J&D 6 6.50 5a 1933-1969 A&O 6 6 50 J&D 6 6.50 4Ha School 1945 J&J 6 6.50 to 6.25 to 6.25 to 6.25 4Ha School 1933-58 4Ha Water 1961 A&O 6 6.50 4Ha 1933-1966 J&D 6 6.50 4a Refunding 1949 F&A 6 6.50 6 9% Keansburg 5Ha 7.00 Kearny 4Ha 1936 F&A 7.00 4Ha Water 1934-1962-M&N 4 Ha Water 1933'34-J&D15 7.00 7.00 4Ha Water 1935-70. J&D15 7.00 4Ha Sch Impt '33-"52-J&D 5 Ha 1933-1949 7.00 J&D 5 Ha 1950-1970 7.00 J&D Ladl—5a 1934-1947 —J&J Long Branch 5a 1943 -M&N 4a June 1 1935 J&D 9% Lyndhurat 5a 1933-1957-.J&J Maplewood (Township) i 4a 1933 —-J&D15 6.00 4a 1934-35 J&D15 6.00 4a 1936-67 —J&D15 6.00 Mercer Co— 8a Road 1933 J&D 5.50 8Ha April 1941 A&O 5.50 5Hf July 1 1937 J&J 5.50 6a Road & Bdge 1934. F&A 5.50 Middlesex Co 4H« 1934 J&J 6.25 4Hs Fund July 1933-1939— 6.25 4Ha Road 1934-44—F&A2 6 6.25 to 6.25 to 6 25 to 6.25 to to - to to to to to to to to II — 6.25 8% 6.50 6.50 6.50 6.50 6.50 6.50 6.50 7% 8% 8% 8% to to to Union Co 4Hs 1037 to 5.50 to 5.25 to 5.25 to 5.25 to 5.25 to to to 6% 6% to to Valla burg—See Newark. Vent nor City— 6% 6% 6.00 to 5.75 to 5.75 5.50 to 6.00 70 5.25'% 4Ha 1942 opt 1922 J&J 8Ha 1933-1934 J&D 15 8 Ha 1935-1938 J&D 15 5.50 to 5.25 5.50 to 5.25 5.50 to 3Ha 1939-1949 J&D 15 MorrlBtown 4Ha '33-'42—J&D 4a 1934-1936 M&N 5.50 M&N 6 5.75 M&N 6 5.75 F&A 6 6.50 M&S 6 6.50 M&S 6 6.50 to 5.50 6.00 6.00 6.00 6.00 6.00 6.00 6.00 5.00 6.00 6.00 8% 5Ha Mun Bldg *34-'58-A&0 Vlneland (Boro)— 6Ha 1934 M&S 5 Ha 1934-1950M&S Westfleld 5a June 15'33-'0O J&D 4 Ha 1934-1906 A&O West New York 5a 1930—M&S Weet Orange (T) 6a *38- M&S to 5.50 to 5.50 to 5.25 to 5.50 to 5.50 to 5.50 1 to 5.50 1 to 5.50 1 to 5.50 ' to 5.50 ' to 5.50 4 to 5 50 4 to 5.50 4 to7% to ' 8% to 8% to 8% 6% 6% to to to 5.25 5.75 5.75 A&O 4s Park 1934-1937 M&N Union Township Sch Diat— 4 Ha 1933-1968U&J b 6% Monmouth Co— 6.50 6.50 M&S 4a Oct 11942 /u to 5.25 Bonds. 5.75 to 5.25 5.75 to 5.25 5.75 to 5.25 5.75 to 5.25 5.75 to 5.25 5.75 to 5.25 6.00 to 5.75 6.00 to 5.75 9.00 to 7.50 6.75 to 6.25 ' 5.75 to 5.40 5.75 to 5 40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 5.75 to 5.40 7.00 to 6.50 4Ha Park 1930-'37-.J&D15 % to 5.25 5.75 5,75 6s Sept 15 1937—M&S 15 6a March 15 1938-M&S 15 4 Ha 1942 —M&S 4Hs Oct 15 1933-'52 4 Ha Road&Bdge'34-47 F&A 4Ha Park 1933-'35—J&D15 to 5 50 to 5.50 Ask. 5.75 4H* 1933-1969 J&D 4Hs 1933-1967 J&D 4 Ha 1933-1968 J&D Summit 4Ha Sch 1941—-F&A 4a 1933 —M&N 4 Ha Imp & Sch'33-'38-J&D 4 Ha Imp & Sch '39-'60-J&D Sussex Co 4 Ha '37-'44—-M&S 4a Impt 1934-1955—M&N Teaneck (Twp) 5H« '33-38 Tenafly 4 Ha 1934-1963-F&A Trenton 5H« 1933-1951-A&O 5a School 1934 A&O 5s School 1935 A&O 5a School 1936-1937—A&O 5a School 1938-1939—A&O 5a School 1940-1955—A&O 4Ha Water 1943-...—A&O 4 Ha 1934-1939 F&A 4 Ha 1940-1960 F&A 4 H» 1934 F&A 4 H« 1935-1960— F&A 4a City Hall 1939 J&D Union City 4 Ha '33-'64—J&D 4a 1937-1940 4a 1941-1969 Newark—4 Ha 1944 6a 1934-1935 6a 1936-1972. 5Ha Oct 15 '33 ta '59 A&015 6 5a 1933-1958 J&J 6 4Hs 1934-1969 M&S15 6 4Ha Dock 1959 F&A 6 4 Ha Apr 15 '34-'61-A&015 6 4Ha School Dec 1 '45—J&D 6 to 5.50 to 6.25 to 6.25 to 6.25 to 6.25 6.50 6.50 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 6.50 to 6.25 6 6.50 6 6.50 5 6.50 4a Sch Houae 1959 opt 1949 4a Paa Val Sew'61 op'ol J&D 4a 1933 J&D 4a 1934-35 J&D to 6.25 to 6.25 to 6.25 to 6.50 Highway 1935-1940—J&J 5Ha Highway 1935-1940-J&J 4Hs Re? 1953 opt 1933..J&J 4Ha Deo 16 1952 opt '22-J&D 4i Fund 1939 opt 1919-M&S 4a Highway 1933-1944—J&J 95 90 95 93 90 95 80 Albuquerque 5s W W 1962J&D 4 Ha 1933-1950 J&J b 6.50 4 Ha 1933-1950 J&J 6 6.50 Middle Rio Grande GonterDiat 5 Ha *34-*73 F&A 62 Secorro Co 5s '41 op '21—A&O 75 NEW 3.80 to 6.25 to 6.25 5a Jan & Mar 1946-1970 6.50 to 6.25 4Ha Highway 1963.. 4Ha Canal 1964... 4Ha Canal 1905 6.50 to 6.25 0.50 to 6.25 to to 8% 8% 60 60 to to 6% 6% 6% 4a School 1959 M&N 4Ha 1933-1902 various Rahway 4 Ha 1933-34— 4Ha 1935-1930 4Hs 1933-1934 4Hs 1935-1930 104 104 to 5.50 to 6.75 11 to 0.75 to 6.75 to 6.75 to 6.75 5.75 to 5.50 5.75 to 5-50 5.75 to 5.50 6 0.75 to 6.25 6 6.75 to 6.25 6 0.75 to 6.25 to 6.25 to 7% 4Hs 1933-1953 M&N 8<% to 7% Rldgewood 4Hb 1934-02.M&N 7. 6.00 to 5.75 6 5Ha 1933-1939 J&J 6 6.00 to 5.75 4Ha 1934-1908 M&N 6 6.00 to 5.75 Riverside 5a 1933-1933—A&O to 8% Sea Isle City 5s 1942 F&A to 8% Somerset Co 4Hs 1933-49 J&D 6.00 to 5.75 4Hb 1933 J&J 6.00 to 5.75 4HS 1934-1952 J&J 6.00 to 5.75 "II South Jersey Port District 4Hs Marine Term 1934-73- 6 5.75 to 6.50 6 Basis, d Now part of N. Imp Mar 1958 M&S 104 104 to 6.75 7% 8% 4a g High 4a g High 4a Hlghw Imp Mar "01_.M&S 4a Palisade Park 1961 M&S 4a Canal Jan 1962 J&J to 6.50 IZ° 6 0.75 A&O 4a Canal Term 1942 J&J 4a Canal Term Jan 1940—J&J to 6.50 6.00 Ramsey 5s Water 1933-1940— 6 Red Bank (Borough)— 3.40 3.40 3.50 3.50 3.50 4a Canal Imp Jan 1961 J&J 4a Canal Imp July 1961—J&J to 4s School House 1934—J&D 6 7.00 to 6.50 Passaic 4 Ha 1934-40 M&S 6 7.00 to 0.60 5Ha Gen Imp '33-'44—J&D 6 7.00 to 6.50 5Ha Gen Imp *45-'51—J&D & 7.00 to 6.60 5a Imp. 1934-1948 M&N 6 7.00 to 6.60 5a Water 1935 m&N 6 7.00 to 0.50 4Ha Refunding 1944—M&N 6 7.00 to 6.60 4Ha Water 1939-70 J&J 6 7.00 to 6.50 Passaic Co 4Hs 1933-1930 J&J 6 6.75 to 6.25 4 Ha 1937-1940— J&J 5 6.75 to 6.25 4Hi 1933-1968 J&D 6 6.75 to 6.25 Paterson 5H« *33-'34—M&N 6 6.25 to 6.00 5Ha 1935-1959 M&N 6 6.25 to 6.00 4Ha Feb 1 1945 F&A 6.25 to 6.00 Plalnfleld—4s 1933 ta'84-J&D 107 8% 8% to Ml —A&O M&S J&J A&O 4a High Imp Mar I960..-M&S 4a Canal Imp July 1900—J&J 60 60 Perth Amboy 4 Ha Apr 1944-. 4Ha Water 1934 M&S2 4Hs Water 1935-04—M&S2 4Ha School 1934-1900.A&O 4Ha School 1938 5a Feb. 1930-1977—F&A 4Ha Bonus 1933-1939 4Ha Bonus 1940-1949 110 110 107 104 104 104 104 to OrimgG—• 4Ha School 1943 J&D 6 7.00 4H« Sewer 1933-1964.A&0 6 7.00 4Hs 1933-1967 Ha Highway 1965 4Ha Barge Canal 1945 4 M&S -J&J J&J Y.City. Imp Sept 1958 M&S 4a Hlghw Imp Mar '02—M&S 4a Canal 4s 1933-19484a June 15 1900 104 104 4a St Inst Bldg '34 *63 M&S la Apr 15 1940-1955—-A&015 3Ha St Ina Bldg *34-78 ..M&S 3Hs Mar 15 *34-*35—M&S 15 3Ha Mar 15 '30-'39-M&8 15 3 Ha Mar 15 '40-'81„M&S 15 3 Ha Mar 15 *34-'35..M&8 15 3 Ha Mar 15 '30-'39-M&8 15 8 Ha Mar 15 '40-'81._M&8 15 3a g Jan 11950 J&J 3a g July 1 1958 J&J 3a g Canal Jan 1 1959—J&J 3a Canal 1957-59 J&J Albany Co 4Ha 1936-38.M&N 4 Ha 1934-1960 —M&S 3Ho Fund 1934-1941—M&N Albany 4Hs 1934-39 M&N 4 Ha 1940-1969M&N 4Ha 1933-1954 J&D 4 Ha 1933-1935 J&D 4Hs 1936-1970 —J&D 4a Manic & Sch "34-"03-J&J 3Hs 1933-1933 J&D 3 Ha 1934-1935 J&D 3 Ha 1936-1939 .J&D 3Ha 1940-1971 J&D Alb Pt Dist 4 Ha *33-71—F&A 4 Ha 1933-1972 M&N Allegany Co 4Ha*34-'30_M&S Amherst 4 Ha 1934-'55— M&S 5 Ha 1933-1930 M&N /Flat price, 5Hs n 1937-1947 Nemlhal. M&N 5 5 5 J&D 4a 1933-1958 3Ha Water 1933-35 3 Ha 1935-1964 5 J&J 5 5 5 f 00 M&S M&N Oohoea 6a Ref Wat *33-"45 J&J 5H» 1933-1939 M&N 5Hs 1940-1949 — 5 he 1950-1960 Columbia Co 4 Ha 7.00 7.00 7.00 4.75 M&N M&N '34-*35 A&O 4 Ha 1936-1959 A&O Corning 5Hs 1934-'60—M&S Cortland Co 4Hs *33-'51-J&J Delaware Co 4.20s'34-'52 A&O Dutchess Co 4a 1934 M&S 4s 1935-1937 M&S 4a 1938-1946 M&S 4s 1947-1954 M&S East Cheater 4 Hs 1934—F&A 4 Ha 1935-1958 F&A 4.75 4.75 4.75 4.75 4.75 Elmlra—4a 1935 M&S 4Hs Water 1933-"45—A&O 4 Ha Apr 1 1933-1935 Erie Co 4 Ha 1933 J&D 4 Ha 1934-1935 J&D 4 Ha 1936-1938 J&D 4 Ha 1939-1959 J&D 4a 1945-1953 M&B Essex Co 4a 1933-1956—. M&S Franklin Co 4 Ha *34-'40.M&S 6 5.50 Ser*33-45M&N 6 6.50 6 6.50 104 3.30 3.40 100 3T40 3.40 3.50 3.40 3.40 3.40 3.40 3.30 3.30 3.30 3.25 to to to 5% 6% 6% 6% 6% 6 6 50 6 6.50 to 6 5.75 to 5.50 6 6.25 to to % 6% 6.25 6.50 6.25 to 6% to 6% to 5.75 6-25 to 5.75 6 6.50 6 6.25 to 6 25 6 6.25 to 6% 6% to 6% 6 6.25 J&J 6 6.00 J&J 6 6.00 6 6.00 J&J Hunt!ngton(T)4s '34-'52.J&J Islip(T)4s 1934-35 M&S 4a 1930-1937 M&S 4a 1938-1951 M&S Irylngton 4.10a '34-'30—A&O Ithaca—4 Ha Water 1942.J&J 4 Ha 1°40-1954 J&J lamest'n 4a Mar 20 1943 A&O to to 5.50 to 5.75 to 5.75 to 5.75 6 5.75 6 5.75 to 5.50 6 5.75 6 5.75 to 5.50 to 5.50 to 5.50 6 5.75 to 550 6 4.75 6 4.75 to 4.50 6 5 75 4H« 1834-1940 A&OIS 6 5.75 Jamestown 8 D 5a'33-'39.J&D 6 5.75 fehnscown 4Ha Dec 1933-*37- 6 5 75 to 5.50 IKlngs Co 4a May 1 '34-*44 6 5.00 Kingston 3Ha g 34-"80—A&O 6 5.00 Lackawanna 4 Ha'33-*54 M&N 50 to 4.50 to 5.50 to 5.50 to 5.50 to 4.75 to 4.75 60 6 5.75 6 5.75 to 5.50 to 5.50 6 5 75 6 5 75 to 5.50 6 5.75 1943-1949 4 Ha Sch 1933-1944 4.40s 1943-1949—M&S 5s 1934-1942 ..M&S Long Beach 5 Ha '34-*60.M&N 6Ha 1933-1934.. J&D 6Ha 1936-1940 J&D 5Ha 1941-1960 J&D Mamaroneck (T )4H a*33-64J& J Mamaroneck Un F 8 D No 1— 5Ha May I *34-*52 M&N 3.90a 1936-1936 J&J 3.90a 1937-1939 J&J 3.90a 1940-1904 J&J Middleport 4.36a '33-'42.J&D 4.36s Sewer *33-*39 J&D Monroe Co 4s 1934-44 F&A 3.90 Co Bldg '34-'60—F&A Mlneola (V) 4.40s 1933-68 J&J Mt Vernon 4Ha '34'-43—A&O 5Hs 1934 A&O 5Ha 1936-1941 A&O 4Ha School 1902-73—M&N 4a Sewerage 1960-66—M&N to 5.50 6 to 5.50 7.00 to 6.50 6 7.00 6 7.00 to 6.50 to 6 50 6 7.00 6 7.00 to 6.50 6 6.50 6 6.50 6 6.00 to 0.60 to 64. _ to 5.50 % 6 6 00 to 5.50 to 5.50 6 5.00 to 4.75 to 4.75 6 5.00 to 4.75 6 5.00 to 4.75 6 5.00 6a Jan 2 1931 ...J&J 5.00 Nassau Co—5a *34-'39--M&N 5.75 3.25 6H1 1937 M&S 15 6 5.75 3.25 4Ha 1933-1934 .A&O 5.75 4.10 4Hs 1936-1944 A&O 5.75 4.10 4Ha 1933-1940 M&S 6 5.75 4.10 4a 1934-1939 M&N 5.75 4.35 3Hs 1944-1960— J&J 6 5.75 4.35 3Hr 1951-1961. 5.75 .J&J 4.35 Newburgh 4Ha 1934 F&A 6 5.00 4.35 4 Wat Imp 1942-62 J&J 6 5.00 4.35 4Ha Wat Imp 1933-41 -J&J 6 5.00 4.35 New RocheUe 5s '33-'50 M&N 5.00 4.35 4Hs 1934 M&N 6 5 00 4.35 4Ha 1936-1936 M&N 5.00 4.35 4Hs 1937-1944. M&N 6 5.00 4.35 4H» 1946-1965 M&N 6 5.00 5 4Hsl934._ M&N 5.00 5 4 Ha 1935-1903 M&N 5.00 4.75 8Ha 1933.. J&D 6 5.00 8 8 ~ " % to 6' 6 6.00 6 5.00 3.25 8 4.75 4.75 4.75 4.75 4.75 60 60 60 5.00 5.00 5.00 5.00 5 00 4.75 Regulating Diat— 4 Ha 104 4a Bldg constr "83-*39 M&S 4a Bldg constr '40-'49 M&8 4s Grade OroBa &c 1933. -M&S Is Grade Oroaa &c *34-30 M&S 5 5 A&O Lackport 4 Ha 1933-1944 104 Imp Jan 1907...J&J 4a Hlghw Imp Mar *07—M&S 4a Palisades Park 1907—M&S 5 5 4HsJune 15 1904—J&D15 4Ha 1933-1908 J&D 4 Ha 1933-1938 J&J 4Hs 1938-1967 A&O 4 Ha 1933-1934 4Hs 1935-1965. 4.70a 1935-1965 3.40 3.50 3.40 6 6.50 Brunawick4 H >33-57F&A 4Ha Sch & Wat 33-'69 J&D 4Hs 1933-1967 J&D North Arlington (Borough) 5Hs Impt 1933-1935 6a Impt 1933-1935 North Bergen 6a 1941—J&D 6a School 1933-58 M&S Nutley S D 4Ha '34-'42- F&A 4Hi 1943-1967 F&A 5Ha Nov 15 1933-89.M&N Ocean City—5a 1944 F&A 4Hs Impt May 15 1938-'66. Ocean Co 4Ha 1933 J&D 4H« 1934-1960——J&D 7 5 Hornell 4 Ha 1934-1947—F&A 6 6.00 YORK. Vatlaburg 4Ha 1934—J&J New 65 80 5s March 1934-1935 M&S 5a Jan & Mar 1 1930-1045 5a Jan 1934-1935— J&J 4a 1943-70 8Ha Track Eler 1954-F&A 6 6.50 J&J J&D15 M&N M&N 5s 1935-1950 Hudson Rlv to 6.25 to 6.25 3 Ha gold 1930 Buffalo 6 Ha 1944 68 1934 Hareratraw 4.12a *33-*37 M&S Hempetead(T)4 Ha'34-'59A&0 Hempstead 4 Ha 1933-65 M&8 Hempstead Un F 8 D No 1— 6a 1934-1954 M&S to 6.25 to 6.25 „ Greenburgh U S Sch Diat No 9 4.40s 1933-1965 J&D 6 Groton 6a Wat ^-'SO—M&N 6 Harrison (T) 4Ha *34-*35 F&A 6 4 Ha 1936-1980 F&A 6 to 8 8 7 Brooklyn—d—3 Ha *34-'37J&J 95 98 95 92 100 6% 6% 4.60 „ - 85 4.75 4.60 4.60 4.60 8Ha Bridge 1935 F&A Brighton (T)5s'l934-1942M&N 5a 1933-1952 J&D 100 to Ask. Amsterdam 5a Wat 1933-37 Auburn—4Ha 1933-1934 J&J 4.20 sewer 1940-190O-M&N 4Ha 1933-1951 M&N 4.40a 1934-1950 M&N Garden City 4 Ha 1933-52.J&J Greenburgh (T)— 4a 1934-1951 J&J SEW MEXICO Sa Bid. Blnghamton—4s '34-'36.F&A 4 Hi 1933-1971 —_yar. Freeport 4.20 to 6.50 to 6.25 6 6.50 J&D 6 6.50 J&D 6.50 J&D 6 6.50 4a 1936-37 4a 1938-42 5.25 To Net. or Bid. Sou Orange—4a '33 to "44-J&J 6a 1934-1902 M&S to 6% Jersey City 5 Hs 1942-53. A&O 6 6.50 6a Aug 1 1935 F&A 6 6.50 4 Ha Mar 15 "34-'50-M&S 4Hfi Rd&Bdg '34-'51F&Al5 Montclalr 4Ha Sch 1941-A&O 4 Ha High Sch Bldg '44. J&D Morris Co—4a '85 opt '05-J&J Bonda 6% 6 6.75 6 6.75 J&D to 97 Yield Basis or Net. to 6.25 to 6.25 6 6.75 6 6.75 BONDS Yield Basis To or to 4.75 to 4.75 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 4.75 to 4.75 to 4.75 to 4.75 to 4.75 to 4.75 to 4.75 to 4.76 to 4.76 to 4.76 to 4.75 1 Ask. 6s Corp stk 6s Oorp stk 6s Oorp stk 4Ms 4MB 4Mb 4Mb 4Mb 4Mb 90 5s Dec 15 1933-1943 90 Jan25 35 J&J 25 Jan25"36 JAJ 25 Jan25'37 J&J 25 June 1966 J*D 1963—-MAS May 1967 -MAN Nor 1957-------MAN Oorp stock 1967--J*J Oorp stk 1971—JADlj) 78 78 78 3M 78 — April 1 1966—__AAO Apr 16 1972—A AO 16 Rap Tr A Wat "74 JAD Feb 15 1934 66 JAA16 Feb 15 "41-1966-FAA15 Feb 15 1976 -F&A15 Nor 15 '33-'68-MAN15 4Mb Nov 15 1978—MAN15 4s Oct 1 1980 -AAO 4b May 1977 -MAN 4s Various 1936 MAN 4b Nor 1955 MAN % exempt 1942 MAN R T 1948-1950-MAN g exempt 1952-MAN 8 exempt 1953-MAN 8 exempt 1954—MAN 8 Water ex 54—MAN exempt 1955 MAN 8mb stock Apr 1 1954-AAO NIas Falls—5Ms 41-41 MAN 3s 1933— 77M 74 72 to 6.50 7.00 72 74 72 74 72 6 7.00 6 7.00 to 6.50 to 6.50 74 6 7.00 to 6.50 6 7.00 to 6.50 6 7.00 to 6.50 6 7.00 to 6.50 6 7.00 to 6.50 68 70 70 70 68 70 68 68 65 75 75 Guilford Oounfcy— 4Mb 1933 to 6 4.50 to 6 4.50 to to 5.20 6 4.50 to 6 4.50 to 4.75 4.75 6*4.50 to 6 4.50 to 4.75 4.75 6 4.50 to4.75 6 4.50 to 4.75 Warren Co 4Ms 1984-'60-FAA 5.00 5 Mb highway 1934-"53-FAA Warsaw Union Fr 8 D No 10— 6.00 1933-1942 1942 4Mb 1933-1953 5:00 6 Oct JAJ 5s 1933-1945 JAJ -JAJ 4b May 1938 4.75 6 4.50 to 4.75 4.50 OHIO 1939-70 1 1933-54 5B 6.00 6.00 5.50 5.50 4.75 4.75 5.50 5.75 5.75 4.75 5.25 5.50 4.50 4Mb1933-52JAD 4Mb San Sew 4Mb Parkway ; 6 5.25 to JAD 6 4.75 6 4.75 to 5.30 4Mb Co Bldg 1933-44—AAO 6*4.75" 4Mb *44. *45.' 50 A '69 JAD 4s Co Bldg 1934-69—MAS 6*4.75" 4s 1934 to 1935 —FAA 6 4 50 5.30 5.20 to 5~25 to 6.50 % to 5.40 % to 5.40 % 90 80 % to 4.75 % 5.25 5.00 5.25 5.25 5.25 5.00 5.30 5.30 5.30 White Plains— 5.20 5.25 5.00 6.00 (reg)—MAS "33-'42JAJ 6 6 6 6 6 6 6 6 6 5.10 5s 1934-1938 FAA FAA 5.00 4a 1934 4s 1935-1954 b 5.75 to b 5.75 b 5.75 to 4s 1941-1954.. b 5.75 4s 1967-1968 b 5.75 to 4.90 Asheville— 6s 1934-1969 4s 1933-1939 34- 47--JAJ 1934-- MAS 4Mb '33-38 (reg)—FAA15 4M» 1934-1946 MAS Rockvllle Centre (V)— 4.90 4 Ms 1935-1959- —----MAS 4a Imp Sch Ac Rockland Co—4s - JAJ 1934-1957 ...JAJ Street 1934-30—FAA 1935-1969 MAS 1933-1905 MAN 1934-1902 AAO Rye(V)6b Mar 10 "34-"38 MAS Rye A Har'son Un Fr S D No 6 4.40s 1934-1953 FAA 6.00 4.45s'34-'39FAA Saratoga Co 5b 1933-1941---4 Ms 1933-1955. MAS 6.00 4.90 / 6 MB / 5Ms / 5 Ms / 4Mb / 4Mb / Buncombe Co 5s'33-"40—JAD / 4Mb Funding 1939—MAS / 0s Bridge 1934-37—AAO / 3Ms Water *45 op '25—FAA 3s Water 1939 op '19-FAA 1934—AA013 4MB 1933 —— MAS 4MB 1934-1952 MAS 4s 1930 opt 1900MAS 3Ms 1940 opt 1912—AAO Cleveland 'SMs 1940-70-J AD ♦6s 4.80 Charlotte 5 MB 1945-1954—MA8 Saratoga Springs— 4Mb Park 1934-40 AAO 4.80 6.00 4.15s 1933-1952 JAD Rome 5 Ms 1934-1941—A AO 5.00 6.50 Saranac Lake 4s Sept 1 Scarsdale 4 Ms 1933-45 Schenectady 5a 1933 5s Dec 15 1933-1941 4.30s 1933-1948 MAN 5.00 8 1930-1941 5.50 ■ 1942-1946-- —MAN • 1947-1955 JAD 5 4.50 to 4.80 1 4Mb 1933-1934 JAJ 5 4.50 to 4.75 1934-1939 AAO 5 4.50 to 4.80 ?80 4.15s 1940-1960 AAO 4s Oct 151933-1944 -AA015 54750" to4~.75 % 4.15b -5 ?asi8, l ?H.P,riC0/ "Nominal; 75 75 75 Durham 4Mb 80 1933-1940..JAJ 64 64 64 75 75 65 75 65 75 65 65 to 5% to to to JAD 6 5.50 to 4% to 4% 4% 4% to 4% to 5% to 5% to to 6 5.50 to 6 5.50 80 80 to 5% 5% 85 85 5.50 5.50 to 5.50 5.50 to 5% 5% 5% to 5% 5.50 to 5% 5.50 to 5% 5.50 to 5% 6.25 to 6% 6.25 to 6% 6 5.50 to 5% 6 5.50 to 5% 6 5.50 to 5% 6 6 6 6 6 6 6 6 6 to 6 5.50 to 5% 6 5.50 to 5% 6 5.75 6 4.60 to 5.50 to 4.30 to 4.30 to 4.30 to 4.30 to 4.30 to 4.30 to 4.30 4.60 to 4.30 6.25 to 6.00 75 75 4Mb 1942 to I960 5s Water 1934 to 1945.JAJ Durham County— 4Mb 4Mb 4Mb 4Mb 1933 JAD19 6 uyahoga Co *08 '33-'39-AAO 6 ♦5b 1930-1939 AAO 6 ♦4Mb 1833-1935 .—AAO 6 •4Mb 1936-1944 AAO 6 4M 1933-1943 AAO 6 4Mb Koad 1933-1934 6 4Mb Road 1935-1936 6 4Mb Road 1937-1938 6 4Mb Road 1939-1941 6 4s 1934-1941 AAO b 80 75 5% to 3.75 Columbus S D— ♦6B 1943-1952 80 MAN MAN 1950-1979 1933-1934 1935-1937 1938-1939 1940-1951 —JAD —JAD JAD JAD 80 75 — 6.00 to 5.50 6.00 to 5.50 6.00 to 5.50 6.00 to 5.50 6.00 to 5.50 6.00 to 5.50 6.00 to 5.50 6.00 to 5.50 6 00 to 5.50 ♦ Subject to taxation: By an amendment to the constitution of Ohio, adopted Sept. 31912. bonds issued after Jan. 1 1913 by municipalities in that state are subject to taxation 80 4.50 % 28 80 -JAJ to 4.90 28 80 —JAD b 4.50 28 75 5.50 to to 5% to 5% to 3.75 •4MB 1934-1935 •4MB 1930-1938 22 75 5.00 5.50 5.50 Cleveland 8 D— 22 75 76 to 10% MAS 6 4.60 MAS 6 4.60 ♦4M« 1933-1953. 6 4.60 4Mb 1933-1955 #-a FAA 6 4.60 48 Wat W '45 opt *20—MAS 6 4.60 8Mb 1933 opt 1912 JAJ 6 4.60 22 '33-'48—MAN MAN MAN 4Mb 1934-1970 4MB 1934-1935 76 76 4.00 4.10 4.10 4.10 4.10 4.10 5.50 6 6 6 6 6 6 6 ♦4Mb 1933 to 1935 •0s 1933 to 1935 JAD Cleveland Heights 8 D— •6s 1933-1959 AAO Columbus *08 1949-57—MAS 22 % 76 6 4.00 ♦5Ms Pub Hall 1970—JAD •6s W W 1930-1968—JAD ♦5s 1933-1935 AAO ♦5s 1930-1940 AAO •4MbGradCros*33-'54 AAO •4Mb Paving 1933-34—JAD •4Mb St Imp Feb 1 '34-FAA •4Mb March 1949 MAS •4Mb Fire Dep '34 '55-AAO 1Mb Clark Av Bdg *42- AAO 4Mb Park 1938 AAO ♦4Mb 1933-1935 MAS ♦4Mb 1930-1950 MAS ♦4b 1933 AAO ♦4s 1934-1955 —AAO 3 Mb 1933-19.56 AAO 5.50 22 to 74 80 AAO Cine S D »4Ms 5.50 5.50 to 6.5(i 5% 5% 4% •5Mb Imp Feb '46. *51 FAA 6 4.10 to 4% •5s July 1 1905 JAJ 6 4.10 to 4% •4Mb July 1943 _JAJ 6 4.10 to 4% •4Mb Sewer 1955 AAO 6 4.10 to 4% •4Mb Sew Sept 3 '37-MAS3 6 4.10 to 4% 4s 1933-1956MAS 6 4.00 to 3.75 3.65s g Feb 1937 FAA 6 4.00 to 3.75 to 5.50 22 19 19 19 19 19 19 22 22 22 to •4Ms Dec 5 1939-42—JAD 6 5.50 •4.40s 1950 .-—6 5.50 Cincinnati—♦SMs 1941-MAS 6 4.10 to 5.50 4.90 4s 1934-1935 5.00 5.00 6 6.50 6 6.50 •6Ms Fund 1933-37—JAD 6 5.50 •0s Water 1944-1959—AAO 6 5.50 ♦Canton S D 5s 1954—AAO8 6 5.50 to 5.50 b 5.75 5.00 1940-1954 1967-1968 6% 6% 6% 6% to 6 7.00 Asnland ♦SMs 1933-44-AAO Cambridge-—4Mb '33-'34_JAJ •5s Sewer 1953 MAS •5b Sewer 1933-37 MAS Canton—♦Ss Sew 1953—MAS 6 5.50 to 5.50 b 5.75 5.00 5.00 JAJ 1934-1902 1934-1935 1936-1939 to •Allen Co 5Ms 1934-'50_A&() 6 8.00 to 5.50 4MB 4Mb 4Mb 4Mb 4Mb 5.00 to 6 6.50 6 6.50 76 to 5.50 b 5.75 5.00 5.00 1937-1938— FAA 1939-1962 FAA 6J 1934 A 1935 MAS 4Mb Pub Imp '33-58-FAA 4Mb 1934 MAS 5s 5s 6 6.50 (See footnote *> 4s Water Works 1942 to 5.50 — to 6.50 74 6 b 5.75 b 5.75 - to 6.50 6 9.00 76 76 76 CAROLINA 58 July 1901 to 6.50 6 9.00 1 to 6.50 ♦4Mb 1933-1947 AAO •4Mb 1930-1955 AAO •4Mb 1933-1946 '4Mb 1933-1939AAO •4Mb 1940-1952 AAO 4MB 1934 AAO 4MB 1934-1937——..AAO 4MB 1938-1956 AAO 5.00 5.00 to 6.50 6 9-00 76 76 Rensselaer NORTH 6 9.00 6 9.00 74 74 74 74 74 74 5.10 County— 4Mb Highway 1933-36 4Mb Highway 1937-58 MAS MAN16 JAJ JAJ JAJ 76 5.10 FAA FAA Rochester 5s 1934-1951 -FAA 6s 1934-1936 FAA 1934-1958— 6.50 to 74 6 4s 9.00 -JAJ 6 9.00 wAJ 6 FAA AAO % 9.00 9.00 9.00 *5 Ms 1938-1951 6 Febi111934-1936 AAO 6s Feb 1,1937-1939 AAO 6s Febjl 1940-1952 AAO 6 Ma Jan 1934-1961—AAO 5s 1933-1961 AAO 4Mb July 1 1934-62—AAO 4Mb Feb "34-'36 AAO 4Mb Feb "37-*49 AAO 4Mb Mar 1 "34-*56—AAO 4Mb Feb 1934-1930—AAO 4Mb Feb 1937-1949—A&O to 4.50 70 76 % 1959-1904—JAD 1933-1934 JAD 1935-1939— -JAD 3Mb 1940-1951 JAD 3Ms 1952-1980 —JAD 3Ms 1933-1934 JAD 3M» 1935-1945 JAD 3Ms 1946-1951 JAD 3Ms 1952-1903 JAD Wolcott 4 Ms Jly 15 Yonkers— 45 45 74 5.25 to 5.25 6a Port of N Y 60 30 30 74 I 3 Ms 3 Ms 4Mb 1935-1959 63 74 J°30 5 Mb Sch 1934-1936—AAO 3.90s 1934-1954 FAA 6.50 1937-1966 — AuthorityArthur Kill Bridges— 4Mb Ser A1934 to'46MAS b 7.50 George Washington Bridge4s Ser B 1936 to '50-JAD b 5.75 4Mb Ser B 1939to"53MAN b 5.75 Bayonne Bridge— 80 4s Ser C 1938 to "53-JAJ3 Inland Terminal— 70 4 Mb Ser D 1936to"60MAS Holland Tunnel— 4Mb Ser E 1934to'60MAS b 4.75 Putnam Co 4Mb '34-"51-AAO Port Jervis 4Mb 5-30 to 4s June 1 6.50 _ J&D JAD 63 63 52 JAJ .90 JAD *34-"82—JAJ 1902-80-J AD 5.10 MAS 52 •5MB 1933-1937 to 4.80 MAN 5s June 6.00 38 ♦Akron 0s 1933-1940 AAO •5s Water 1933-1953—AAO % Westchester County— 6.00 38 52 —MAN NORTH DAKOTA 5s Farm Loan 1935.1940.1945 and 1950 JAJ 5Ms 1945 A 1948 ser O—JAJ 5Ms July 1933-1933 JAJ 4Mb July 1951 A '55 JAJ 4Mb Jan 1957 JAJ Grand Forks 5s—May '33-'38 5.10 4Mb MAN to 4.75 6 4.50 4Mb 1934-1958 4Mb July 1 1942 4Mb July 1 1952 4Mb 1934-1973 5.20 6 4.50 5s 1933-19365s Sept 1933-1947 5% 5% *34-'35—MAN '36-"51-MAN Watertown 4Mb FAA Winston-Salem— 6 4.50 3Ms May 15 5.00 -—--JAJ 6s 1934 47 Water Works 1954—JAJ Wilmington— 5s Ref A Impt 1955—AAO 4Mb 1934-1902 AAO 4 Ms g Wat A Sew '48__ AAO 4Mb Pub Imp 1934-1900JAJ JAJ 5.00 Un Fr Sch Dist 1944-1966--—- 1934-"69 47 39 4« 0s 1934-1941 5.00 4Mb Water 1934-39——JAJ Onondaga Co-4Ms "33-47AAO 3.70s 1934-1951-——-A AO Ontario Co 4s 34- 51—MAN Osslnlng 4Mb 1934-42-—MAS 4Mb Water 1934-1969-AAO Oswego—5 Ms 1934-46—MAN Oyster Bay Wat Dist— 6s 1933 39 % 70 Rutherford Co 5a '33-*52—JAJ 3 Ms May 15 5.00 5.00 5.10 5.10 8~25 Net. 47 Salisbury 0s Impt '33-'35_JAJ 5.00 1947-72—------JAJ 40- 45-JAJ 4s School 6 "4.50" to 4.75 5Mb Water 1933-1950—JAJ Troy 6s 1933-1940 reg.. AAO 4Mb 1934-1950 AAO 4Mb Feb 15 1933-1057—-4Mb 1933-1970 JAD 4MB 1933-1965 JAJ 3Mb Water 1933-36—--JAJ Utlca—4Mb 1934-35 MAN 4Mb Pub Imp '33-"45-JAJ16 4.20s 1934-1937-; FAA 4.20s 1938-1949 -FAA 4.15s 1934-1950 MAN 5.00 4.10s 1934-1940— AAO 5.00 3.90s 1934-1948 FAA to 39 45 5s Bridge 1937-1951—FAA Mecklenburg Co— 0b Ref Nov 1950MAN Pitt Co 5s 1934-'30 MAN 4Mb 1943-1947-, MAS 5s Fund June 1959 JAJ Raleigh 5s Munlc Bldg '39JAJ 5s Impt June 1 1944 JAD AAO 4Ms 1933-1907 Randolph Co 4Mb *34-'47.FAA 4Mb 1948-1959 FAA 5.00 Oneida—4b Water Port Chester— to 4.60 4Mb Sewer 1933-1953—JAJ 5b Water 1933-1950 JAJ Hempstead 5s 1934-- JAJ Hempstead S D No 7— 4Ms 1934-1942 JAD North Tarrytown (6) 4Mb Water 1933-45—AAO 4Mb Water 1946-64—AAO Poughkeepsle to 4.60 4Mb 1934-1942- No - of) (City 73 No (T) 6 4.25 6 4.25 JAJ 1954-*58 4Mb July Tonawanda 73 MAN 3s May 1 1935-———MAN NlagFallsSD—4 M» 33- 34FAA 4Mb 1935-1960 —FAA No 1 4.60s % 70 70 1942-1945 4s 1936-1950--- to 4.76 Ticonderoga S D No. 5— 74 72 4.10% Sewer 1935-50—J&J 4Mb Wat May 1*41- 41 MAN 4Mb Repar 1934 res—MAN 4Mb Sew '39-'40 reg—MAN 3.95 Nov 1 1901-1970-MAN Pelham to 4.50 to 4.75 6 4.50 -—JAJ15 3s 1937-1940 JAJ15 3s 1941-1951 JAJ15 3a 1952-1971——JAJ15 to 6.50 ~ 4Mb 6 4.25 6 4.50 V8.50" - 3s 1934-1936 r 1905-70—MAN 4.15s Sewer 19 8Mb 5% JAJ15 -JAJ15 JAJ15 3 Ms 1937-1940 3 Ms 1941-1951 6 7.00 6 7.00 8Mb 8Mb 8Mb 8Mb 3 Mb 8Mb 8Mb — 1933-44—JAD15 4s L933-1946 FAA 3 Ms 1933—— JAJ15 3 Ms 1934-1936 JAJ15 4s June 15 76 1956—----MAN 4b Various May 1957-MAN 4b Nor 1951 MAN 4b May 1959 MAN 481933-1937 MAN 4fl 1938-1967—-——-MAN 3Ms 8 exempt 1941—MAN to 4.75 to To Ask. 65 4Mb 1934-1957 MAN High Point 4Mb 1933 *48 JAJ / 33 5s Wat Serv 1933-1909 JAD / 33 Iredell Co 5a Aug 1 '42-FAA 4Mb 1934-1939 AAO 4Mb 1940-1950 -AAO Lincoln Co 5s 1943 A '48-JAJ to 4.75 6 4.50 MAN 4Mb 1933-1944 76 4s Various Greenville 6s W W '58 4.75 6 4.50 4Mb June 15 *33-34-JAD15 76 76 7.00 76 FAA 34-'45-AAO 4.20s Dec 15 1933-71 JAD15 4Mb Mar 1 4Mb Mar 1 1904———MAS 4Mb April 1936 AAO 6 7.00 4Mb 4Mb 4Mb 4Mb 4Mb 4Mb 4Mb 5.50 5.50 Syracuse 4Mb 1933-'35 Various 64".5'0" to 4~75 5s May 15 1933-1931 6 4.50 to 4.90 5M* 1933-1960 --MAS 74 76 76 76 1930—-MAS MAS 1962 MAS 1960 1933-1951 Sullivan Co 4Mb b 7.00 Is 1960 opt 5.80 Fomyth Co 4M« '33-'58.JAD Granville Co 4Mb "39—MAN Greensboro 5s 1942 W—FAA 4Mb 1933-1903 JAJ 4Mb 1934-1905 FAA &> 5.75 Southampton 5s '36-'43-MAN 5s 1944-71--MAN Steuben Co 4Mb "34-"37—FAA 6 4.50 Suffolk Co 4Mb 1934-57-AAO 78 78 Bonds 4.75 to 4.80 b 4.50 Solvay 4Mb 1933-"40 FAA Somers (T) 4Mb '33-"63-MAN 90 Bid. Net. Ask. 5s Dec 15 1944-1948- 4Mb Corp stk 1933-1935JAD b 7.00 is Corp stk 1930-79, J&D 76 [s Jan. 1 1977------ J&J 6 7.00 b Sch A Var *33- 39-J&D 4Mb "42-*51—JAJ Schenec Co 4Mb New York OUy— Bid. Bonds Net. or To or To or Bid. Yield Basis Yield Basis Yield Basi$ Bonds BONDS AND MUNICIPAL STATE 98 s Sale orice. t Loss 4. u Less 3. p Less 1, x Less 1M. 11/ Less !#• t Less 2. tLess2M June, 1933.] STATE AND MUNICIPAL Yield Basis To or Bonds. Ask. Bid. •5Ks W W •5a W W Bonds. •5a Mar 16 '34-'40-M&S16 Fast Cleveland— to 5.75 6 6.25 to 5.75 b 6.25 to 5.75 b 6.25 b 6.25 to 5.75 b 6.25 to 5.75 b 7.50 b 7.50 to 6.50 to 5.75 to •5Ks Hoa&Bge '34 *35 F&A b 4.50 Hamilton Co »4Ks 1943-F&A b 4.10 •4Kb Oct 1 1939 A&O b 4.10 to 3.90 to 4.50 to — 4Ks *33'39A&0 b 5.00 •4Kb Oct 1945 A&O b 5.00 •5b Park & Imp '33-'41.A&0 b 5.00 to 4.50 to 4.50 to to 65 60 60 J&D2 J&D2 65 65 •4H8W&SSepl0'33-35M&Sl0 60 1933-1935 —J&D 60 Mahoning Val. San. Dlst— 4Kb water 1933-52 A&O 6 6.00 Marietta—*4Ks 1933 J&D 6 5.00 Martin's Fy •5b'33-'44_-M&S 6 6.00 Miami Conservancy Dist— 5Ks (1 to 5 yr mafy)—J&D 6 4.90 6 Kb (5 to 10 yr mafy).J&D 6 4.90 5Kb (after 10 years)-._J&D 6 4.90 Montgomery County— •5s Fl Emerg *33-'42—J&D 6 10% 5s ref 1933 -A&O 6 10% 5s ref 1934-1935 A&O 6 10% 5s ref 1930-1941 A&O 6 10% Newark *4Ks 1934-41—A&O 6 4.50 Portsmouth—6a '34-*30_-J&J 6 6.50 Portsmouth City 8 D— 4KB 1933-1950 6 6.50 Springfield *5s 1933-1934 6 4.75 4Kb 1933-1935. M&S 6 4.75 4Kb St Impt 1934-39—M&S 6 4.75 •4Kb 1934-1949 M&S 6 4.75 65 5s 4s 1934-1955 6% 6% 60 4b Ref 1930 to 5.50 % % % % 6% 6% 4s Pub to 4.50 to 4.50 Summit Co— »6a Pub Wharf I960—M&S ♦5s Sewer 1949 M&S 4Kb 1933-1954 M&S15 •4Kb Wat 1933-34 J&J •4Kb 1934-1953——M&S 4Kb Bdg 1933 & *38—F&A 4Kb 1933-1953 4s Park July 1 1942 J&J Toledo Sch Diet— ♦4Kb 1933-1950 4Kb 1934-1956 •6s 1933-1960 60 D5Ki 6 6 6 6 6 J&J 6 60 70 70 70 4Kb Nov 1 1948 J&J 60 70, 4Kb Sept 10 1975 60 V&limDec 17 60 70 70 70 60 70 60 65 60 60 65 65 _ *5b 1933-1944 SBanesville—*58 City „ o 1934-1940 to 4Kb 4Kb 4Kb 4Kb 6 9.00 b 9.00 to 8.50 to 8.50 b 9.00 b 9.00 b 9 00 v, Baker City 5s to 5.75 % —J&D —J&J 4Kb Mar 15 5s 1934 1934 M&S Clatsop County 5s 1934-A&O Columbia Co 5s 1934 A&O Eugene 5s 1942 M&S III to 4.20 5% 4Kb July 15 '33-'39—J&J15 J&J15 1933-1953 4Kb May 1934-1942—M&N 4Kb Mar 1934-35 M&S 4b May 15 1948 M&N 8Kb g High Sch 1954-J&D Pawtucket—4Kb 1950—J&J 4s July 15 '40-'45 4Kb Sewer 1952— 4Kb School 1954 4f Water 1937- • Subject to taxation. are J&D M&N —M&N 98 104 98 98 to to 6 9.25 to 4.20 to 4.20 to 4.20 to 7.50 —J&J 6 7.00 to 6.75 to 6% 6% *33-*40—A&O 6 M&S 6 M&S15 6 J&D 6 6.50 6.50 6.50 6.50 to 4.20 to 4.25 to 4 25 to 4.25 106 99 99 to to 6% 6% 6% to 6% to 6% to 6.50 % to to to 6.50 to to 6.50 6.50 to 6% to 6% to 7% 7% 7% 7% to to to to 6.50 to 6.50 to 1 1959.J&J 35 5K» Road 35 Chattanooga— 4Kb School 1950J A&O b 7.00 4Kb Memorial Aud "52M&N 7.00 6s Hospital 1954 7.00 M&S Cocke County— 4Kb Road July 15 '47—J&J 60 Cumberland Co 5s I960—J&J 60 Davidson County— 4Kb Highway 1947 J&J > 4.10 5% Co Memorial'33-'50J& J > 4.10 Dyer Co 4Kb 1955 35 Fayette County— 4Kb Road 1958— 53 J&J Giles County— ' 6% Highway 1947 6.25 J&D Gibson County— 4% Road 1934-1958—.J&J 1 9.00 Hamilton County— 4K% Refunding 1957.A&0 6.25 6% 40 40 . to 4.20 to 4.20 100 to to Carter County—■ 6s funding Jan to 4.20 o5% o 5% 5% o 5% o 5% to 6 8.00 _ 4.20 108 9% 9% 9% 9% 9% 9% 9.25 M&N J&J 4Kb highway 1939 J&D 6 7.25 4K« bridge 1945 J&j b 7.25 4Kb refdg July 29 1955—J&J'6 7.25 4KsJulyll945-—I:;;: j&j 7.25 4Kb wtfmay 1939 7.00 j<fej 7.00 I8 J?fdg ^7 29 1955 J&J 5s MemorialAud'm 6.50 1961 J&J o II| to 6 9.25 6 9.25 6 9.25 - 7% 6.75 % 85 95 to 9% TENNESSEE to 4.20 M&N 5 Kb June 1 to 5s Road 1933-1939—M&N Multnomah Co S D No 1— 82 to4.20 to 4.20 N Prov'ce 4s June 15 '47-J&D 4KB 1949-1956 F&A 5 6.25 4s Bridge 1945-1955—J&D / Flat Price. 89 106 to 6 9.25 4Kb fund 1933-47-M&N 15 6 7.00 Perkins Co 4Kb fd '36-'47 J&D b 7.00 Stanley Co 4Kb fd '43-'48 J&D 6 7.00 SIsux Falls 8 D 5b 1935—A&O 6 6.50 6 Ks Dec 11940 J&D 6 6.50 82 3.60 .—A&O A&O 6 6% Newport—4Kb '34-'39—M&S 4Kb Bridge 1933-1944-J&D fc^Rasis. '34-73-M&S15 5s 1935-1942 Johnston 4Kb 1935-1940 Multnomah Co— 1013 by municipalities in that state 3Ks gold 8 H 1934 Cranston 4s sch 1934-37.J&J 4s 1938-1966 ——J&J 90 6 9.25 Corson Co 5s fd 1934-47-M&N 6 7 00 Jackson Co— RHODE ISLAND M&S J&D J&J to 80 J&J j&j15&6.50 J&j16 6 6.50 1Kb Rural Credit 1939..J&j 6 6.50 to 4.25 4s Charit Inst 1905 4s June 1 1977 7.25 7.00 M&S M&S 5s Mar 15 1934^35 5s June 1 1933-39 5s Jan 15 1934-40 5 Kb Jan 15 1943 to 6% 6 4.50 F&A 6 4.50 4^9„ ImPt 1940-1945—J&J 8% 8% SOUTH DAKOTA to 4.25 York 4Kb 1933-1943 7% to 5b Rural Credit 5s Sept 1941 76 76 ___J&j 6 4 50 4Kb Imp ser I '33-'38-A&0 6 4 50 4Kb 1933-1940 J&J 6 4.50 to 8.50 to 93 86 to 4.20 4a 1933 to 1935 OREGON Highway *33-Apr*44 A&O Astoria 5s 1953 5 KB 1933-1949 92 to 4.20 to 8.50 1933-1944 (s-a) A&O H'way '33-'35 (s-a).A&O H'way *36~'49 (s-a)-A&0 4s Highway 1933-42 A&O 4b Highway 1933-41 A&O 4s Aug 1 1933 F&A 3 Ks Oct 11952A&O 6r6.50 to 4.20 to to 6.50 to Kb'37-47M&S to 4.20 to 8.50 6.75 6.75 j&j 6 8.50 4K« 1934-1950 Sumter Co 5s '34-'52 York Co 4Kb 1934-'50 to 4.20 J&J 6 4.50 Scranton 4Kb '33-'41—F&A 6 4.50 5s 1933-1950 F&A 6 4.50 4s 1934-1937 M&S 6 4.50 4b 1934 & 1935 A&O 6 4.50 Scranton SD 4s 1933A&O 6 4.50 4Kb 1934-1956— J&j 6 4.50 Wash'n Co 4Kb 1934 M&S 6 4.50 4s 1933 M&N 6 4.50 Wilkes-Barre— Tulsa— 5Kb July 1940 F&A 5 Kb Wat & Park *34-*49 F&A 5Ks 1934-1939 F&A 5s 1934-1947 F&A 6b Feb 11933-1939 to 4.20 to 4.20 6 4.50 6.50 to 1941-J&J 5s Sept 1 1939 5s Nov 1 1943 to 4.20 to 4.30 Schuylkill Co— 4kb 1933-1955- 6% —J&D b 6.25 to 6% M&S b 6.25 to 6% 4Kb Sewer 1936 F&A b 6.25 to 6% 4Kb Water Works 1941.J&JA 6.25 to 6% Okla Co 4Kb 1933J&D 5 6.25 to 6% Okmulgee 5s Mar 15 1943 b 8.50 to 8% 5s Water 1936- to 4.20 6 4.60 4Kb '34-'38 taxable__M&N 4MB ^ghw 1934-1945.F&A to to Spartanburg 4Kb 1935-A&0 4Kb Water 1934-1939—J&J 4Kb Water 1940-1905-J&J to 4.20 J&J 6 4.30 Reading 5s Impt 1943-49-J&J Oklahoma City— 5Kb 4kb 1935-1937 4Kb 1938-1940 4s 1933 to 1939 4.50 „ OKLAHOMA Muskogee 5s Sew 1936—M&S b 6.50 6 4.30 M&S 6 4.30 M&S 6 4.30 6.75 7.00 Rock Hill 5s 1951 opt '31-J&J1 to 4.20 76 to 4.50 to 5.50 . 82 73 6.50 to 7.00 *31-F&A 4Kb 1934 to 4.20 75 80 70 7.00 St 1942—J&J Richland Co 6s 1933 76 76 76 76 Hall & Market 1933-1939 M&S b 4.75 Zaneaville 8 D *58 '33-'43A&0 b 4.75 to 5.50 75 101 fia Jo!y 1940Marion Co-— 1 % to 4.20 J&J 6.50 75 80 5s Highway 1934-1940.F&A 67.25 Lancwter 8 D-{, 8.50 to 4.20 J&J 6.50 to 80 to 4.20 4s 4.50 % % ,zO,% to 4.20 75 to 75 n v0 '5 4.20 75 75 7% 85 70 Greater Greenville Sewer Dlst 4Kb 1907 M&N 6 7.00 Kershaw Co— 76 Pittsburgh—4Kb *33-'50 J&D Youngstown— ♦6s Bdge 1933-41——A&O 5 6.0ft »4Kb 1933-1957 A&O & 6 00 Youngstown School Dlst— •4Kb 1944-1947 M&S b 6.00 ~ J&J b 6.75 b 6.75 4K/40-'55-J&J to4.20i J&J 83 to 80 '32—July 1 5s Water 1958opt GreenvIUe Co to 4.20 % to 4.20 J&J 81 b 8.00 70 75 100 Greenville—5s to4.20 % 75 to 5.50 to % to 4.20 % 75 to 5.50 M&S b 4.75 A&O r39-'53-J&D Cheraw 5s '52 opt to 4.20 % to 4.20% to Funding 1947 Clarendon Co— 0s May 15 "30-'4O—M&N15 OolumbK 5b Ref 1941 M&S 4Kb Water 1946 J&J 86 82 M&S b 6.00 5s 1934 J&D ¥6* Sig£way 1934-37-F&A 4Kb Highway 1938-43-F&A OharJeston—4Kb Jan '62-J&J „4s Refg 38 (tex-exem)_J&J to 4.20 to4.20 85 80 July 26 1972 75 —J&J 3Ks Julyl 1934— 75 J&J Phlla S D 4Kb '33-'43 J&J 6 6.50 4kB JL941-1959 80 M&N 4Kb Apr 15 1939-58-A&Ol5 87 4s 1933-1942 80 ..J&J 4s 1937-1956J&D 6 4.50 Warren Co J&D Charleston Co 6s 1937—J&J to 4.20 J&J — M&N 4Kb ctfs indebt to 4.20 J&J 1978 4b July 1939 4s July 1942 4s Jan 1 1940 4s Feb 16 1955 4s Nov 1 1900 1934-1935—M&N Aiken Co 4Kb 1937-1945 Anderson Co— 4.20 to Imp *34 to '30-M&8 6 4.50 6 4.50 60 A&O A&O 4.50 4.50 4.50 4.50 4 50 4.50 McK'p't S D 4Kb '34-'43to&N 6 4.50 33-'47—F&A 6 4.50 Norristown S D 4Kb 1943-J&J b 4.50 Philadelphia 4s 1937 J&J 89 5s/Jan 1951 J&J 92 4Kb May 1948 J&J 85 70 M&N % 97 Mercer Co 5Ks 70 60 97 K SOUTH CAROLINA. '35. '40. LowerMerIonTwp4s.4kb,4Ks b 4*50 6% 70 60 60 94 K A&O J&D 4s Refund 1952 opt 1932-J&J 99 3Kb Sewer 1934 M&S 6 4.50 Lancaster S D 4b May 1945-- 6 4.50 6% 6% 60 to 4.20 to 4.20 4s 1934-1942 F&A 6 4.50 Jeanette 4Kb 1933-1956-M&S 6 4.50 Lackawanna Co 4s 1944.F&A 6 4.50 Lancaster Co 4Kb & 4Kb 6 4.50 Lancaster— to 4.50 •4«s 1933-1937 3 1 I to 4.20 to 4.20 4s May 16 1934-1953 to 4.50 to 4.50 ♦4K 1933-1940 A&O Toledo *5a W W '37-'44-F&A •5s Sept 1933-1942 M&S 5s 1934 J&D15 I Harrisburg— to 4.50 to 4.50 7% 7% 7% J&D - M&N 4s to 4.20 % to 4.20 — M&S 6 4.75 Imp "33-'35.A&0 S 4Kb 1935-1940— 8% to 8% to 8% to 8% Steubenville *58 1934-35.M&S 6 5.00 •5s Road to4.20 to 4.20 Chester 8 D 4Kb '33-'47-'42_.|6 4.50 Erie—4Kb Sch 1934-'39.A&o;6 4.50 4Kb 1933_ F&A 6 4.50 4Kb 1934-1960 F&AI6 4.50 Erie 8 D 4s 1933-1938 —F&A!6 4.50 4Kb 1934-1937—>A&0 6 4.50 4Kb Jan 1 1930-1946 6 4.50 Fayette Co 4s road 1936.A&O 6 4.50 to to 4.25 95x4. 1937-1942 M&N 5s Funded 1934-1959-A&Oi % 98 98 '45. *50 J&D 8raddock 4Kb ,84-'44—M&N 4s 1934 to 1935—M&N Cambria Co 4Kb '33-*45 Chester 4s'37 op'17 tax-ex J&J Sprlngf'd 8 D •5s'33-'39-J&J2 6 4.75 „ to 4.20 97 Bethlehem to 4.60 95 95 K 94 K M&N £« 1933-1930 5s 3 98 to 5.50 to to 4.20 to 4.20 97 to 4.50 to 4.60 J&J 4Kb 1933-1907 4Kb Funding 1944 4Ks 1933-1967 3.50 % opt 1910—J&J 4a to 4.60 99K J&J M&N 2 / to Highway *37 opt '32-J&J Altoona S D 4s '34 to '35-A&0 65 to to 3.50 to 3.50 - to 4.50 •Lawrence Co 5b 1934-—M&S b 5.00 Lima *5 Kb Sewer 1933-1947- 6 7% •5b Sewer Feb 15 *33-*51 6 7% 4Kb 1933 1934-1940 4% 6% Net. /and 1930-1901—M&N 118 July 1 1951 Series O—J&J Ask. 99 A&O 4a May 2 1957 4s May 1902 4s Water 1902 4s Oct 1 1904— 4s 1933-1950 4Kb Dec 1 1951 opt '30-J&D b 3.75 4Kb 1934. 1939.1944.1949J&J 6 3.75 4b Highway 1935. 1937. 1940, 6 3.75 *42. *45. *47.'50. *52 4s Highway 1941. '43. '46. 4«. *51. *53 M&8 6 4 50 Allegheny—4s 1937 M&N 6 4.50 Allegheny Co 4Kb *43—M&N 6 4.50 4Kb 1934-1937 A&O 6 4 50 4KB 1938-1940— A&O 6 4.50 4Kb 1941-1902 A&O 6 4.50 4Kb 1933-1956 A&O 6 4.50 4Kb July 1934-1958 J&J 6 4.50 4Kb 1940-1959— J&J 6 4.50 4s Bridge 1942 F&A 6 4.50 4s 1934-1958 M&S 6 4.50 Altoona—4s '34 opt '14—J&J 98 to 3.90 to 3.90 Lake wood 4 H» to 5.50 % 0s Fund 5% to Lucas Co 4s O-H 1944—M&S 4s Jan 1 1945- PENNSYLVANIA 5b to 4.25 •4Kb Sewer 1933-'45 b 4.10 4s O H June'36 op *lfl_J&D b 4.25 Ironton *4Ha W W *30.-J&D b 7% J&D J&D Woonsocket 4Kb Fd *41-J&D to 4.75 to Bid. 4s Oct 1 1954 4s July 1950 Pt of Coos Bay Harbor 5s Port of Portland 4s 1934—J&J to 4.75 Fostoria »5s W W '34-'40 M&S b 5.50 Franklin County— Bonds. 4Kb 1938-1959 4b Water Jan 2 1930 to 4.75 To ot Net. Providence— 4Kb 1933-1937 4b Water 1939-1958 J&J b 6.25 4s Water 1940-1959—F&A Pt of Astoria 5s Refg 1955. J&J 5% 5% to Ask. 4s Water 1937 M&N 4s Water 1936-1955—M&N to 6.50 •5b St Impt 1934-35—A&O b 5.25 East Liverpool—4b 1940-J&J 5 5.50 Elyria 4s 1933 to 1938—J&D b 5.00 •4Kb 1933-1952 M&S b 5.00 •5s W W 1933-1946—-J&J & 5.00 Bid. Portland— 5s Harb Dev 1933-50-M&N 4Kb Dock 1943 M&N 4Kb Oct 1933-47 A&O 4Kb 1933-1960 M&N to 5.75 Imp 1944-J&D 6 6.25 Imp 1945—F&A b 6.25 99 Yield Basis To or Net Dayton— •4Kb Bdge 1933-1951_M&8 •4Kb W W Imp 1940 J&D •4Kb Bdge 1933-39 A&O •4Kb 1933-1940 M&S 4Kb 1941-1961M&S Dayton 8 D 5Ks *41-'01 M&S BONDS Yield Basis . 5% Bridge 1944 4K % Ref 1934-1948—J&J Johnson City— 5Ks Impt 1933-1940—J&D Knox Co 5s Pike & Bridge May 1 1933-1940 M&N Knoxvllle— ■< 4Kb Impt 1933-39 F&A 4Ks Park 1933-1935—A&O 6s 1934-1937 —M&S 1938-1951. M&S 5K % Fdg Sept 11950.M&S Madison County— 5s to 6.50 to 6.50 to 6.50 65 65 to 4% toi7° 58 to 6% to 8% to 6% 6.25 to 6% 8% to 7% 55 6.50 52 52 52 52 52 4K % Highway *33-*49 J&D 6 0.50 60 to 6% 55 55 55 55 55 to 6% By an amendment to the constitution of Ohio adopted Sept. 3 1912, bonds Issued after Jan. subject to taxation, n Nomina! v Less 3. Icer Jan STATE 100 MUNICIPAL BONDS AND Bid. Ask. Memphis 6s July 1954---J&j 6s River Term 34- 48-A&0 4Kb Water 1933-1962—J&J 5.75 to 5.50 5.75 to 5.50 5.75 5.75 5.75 to 5.50 6 5.75 to 5.50 6 5.75 to 5.50 4Us Water 1949--—-J&J 4Kb Park 1959 A&O 1933-1956 -j&d 1933-1964—---M&8 4Kb 4s Montgomery land River Nashville 6s fis March Co—5s Cumbei^- 1953-F&A 1934-1942—A&O 1934-1900—M&S Memorial 8q 33- 60—-4Kb High Sch 1940----j&J -J&j M&S J&D 1933-1967 *KB 1934-1948 Polk Co 6s 1933-46 s Robertson 5.50 % 5.25 5b 5.25 b 5.25 70 6.00 1967—_ A&O b 5.00 b 5.50 b 5.50 Mkt H'se "49--M&8 Clarke Oo 5s '35 opt 6 6.50 to 5.50 to 5a 75 6 6.25 to 5.50 6 6.25 to 5.50 White County— 8K% Highway 6 6.50 1965—M&S to 6% TEXAS. Abilene 6s Feb 15 Amarillo 4Ks 34- 60 58-M&S15 1933-1942—---J&j 32J&j SchBlg&Hos 52op j&j j&J 4KB 1934-1961 4Kb 1934-1963 4KB 1964-1958.-------J&j Beaumont 5s *52 op 32—A&O 70 55 5.75 5.75 5.75 6 5.75 6 5.75 73 to 5.15 57 57 57 57 57 67 57 , 1 to 5.15 to 5.15 to 5.15 67 67 Ogden 4K% 1933-1945-— Salt LakeClty— 5s Refunding 1941 J&J 4Kb May 1 1934 M&N 4Kb refunding 1934—M&N 4b Ref 1934-1935 A&O 4s Ref 1936-1945 A&O 4s Ref 1946-1965A&O Salt Lake City S D— 4Kb Aug 1 1933 -F&A 4s May 1 1949 M&N Salt Lake Co 4Kb 1941 6 4.35 92. to 4.25 6 4.00 to 3.75 6 4.20 to 4.10 4Kb Park 1963 6 4.60 to 4.50 6Ks Impt Apr 10 1956-1965 Cameron County— 4Kb 1934-1942—----M&S / 26 6b Road Mar 15 1934-1957— / 26 33 to 4.50 to 4.50 to 4.50 WW*62op*32 j&J Corpus Ohrlsti 5a fd 67-F&A 65 to 4.50 25 6 4.60 to 4.50 J&D 1933-1949—A&O MIddlebury 4b *41op'21-M&N Co4KsSeptl0'61 AprlO Feb 10 Apr 10 El Paso 6fl W W Purch'50 A&O '31—M&S '36—j&j 6s Impt Aug 1 1948—F&A 4Kb 1934-1960 A&O 6b Fund 1951 opt 6b School 1966 opt 1933-1934 5s 1935-1959 4KB 1936-1971 4Kb 1936-1964 4b Refunding 1941 6 8.50 to 6 8.50 6% to 6% 6 8.50 to 6% 6 8.50 to 6 8.50 to 73 73 85 73 78 85 J&D J&D —F&A F&A J&j 73 7.00 7.00 5s Grade Rais 1944—A&O 6 7.00 6s School 1933-1964—M&S 6b 1934-1956 A&O 6 7.00 7.00 4Kb Grad. &e. '48op'28 J&j 7.00 4Kb Grad,&c.'49 op'29A&0 Galveston County— 6b Bd Apr 10 Grimes Co.— 5Kb Road '51op*3l A&O 1934-'54-A&010 A&O 4Kb Apr 10 '34-'56-A&010 4Kb Road Apr 10 '32-'60Houston—5b 8ewl939—M&N Harris Co 4a '47 op '17 6b Ref Oct 16 *41op'31-A&0 5s Mun Imp *34-'36—F&A 6 5.75 60 4Kb 1937-1951-—-—-J&D 85 to 6.25 to 6.25 to 6.25 to 6.25 to 6.25 to 6.25 to 5.25 70 4Kb July 1 F&A 1939-1950-J&J 6 4.75 to Fairfax Co 4Kb 1945--F&A2 6 4.75 to 4.25 J&J 6 4.75 6 4.75 4.10 % 6 4.25 to 4.10 to 4.10 op 21 4.10 to4.10 to4.10 to 5.00 to 5.00 to 5,90 5.50 to 5.00 5.50 5.50 to 5.00 6 5.50 to 5.25 6 5.50 to 5.25 6 5.50 to 5.25 6 5.50 to 5.25 6 5.50 6 5.50 to 5.25 A&O A&015 to 5.00 to 5.25 to 5% Lynchbg4Ks 4Kb Pub Impt 1948—J&J 4Kb Water 1951 J&J 4b Ref Oct 1934— J&j 4s Pub Impt 1939-1959-J&J Newport News 4Kb '48-J&D 4Kb Feb 1953— F&A 4b Street Nov 11941—M&N Norfolk—4% Jan 1934-36 4K% April 1941-47— 5% Water May 1952 5% Port Terminal May '525K% School Oil 1952 Petersburg 4Kb 1952—A&O 6 4.75 to 4.25 6 4.75 to 4.25 6 4.75 to 6 4.75 6 6% 6% 6% 6% 4.25 to 4.25 4Kb 7% to to 6.50 % to 4.50 % 6% 6% to 6% to4.10 % to4.10 J&J 6 4.30 6 4.30 to 4.10 to 5.25 6 4.30 6 4.30 to 4.10 4Kb July 1 1965 4s 1938 to 1943 J&J 4s 1941 J&J 4s Elec Light 1942—J&J 4s 1943 J&J Roanoke 4Kb Ref 1936—J&J 4Kb Street Impt May 1940 4Kb Pub Bldg 1941—M&N 4Kb Pub Bldg 1944—M&N 4Kb Apr 1952 ——A&O J&J 4s Street Impt 1936 1933-1937 J&D 4Kb 1938-1949 J&D Milwaukee—5s 6% 7.50 6 5.50 to 6% to4.10 to 4.10 98 99 98 98 '33-*40 J&j 5s July 1933-1940 J&J 4Kb 1934-1939 J&J 4Kb Park 1934-1835—J&J 4Kb 1933-1945 J&j 4a 1933-1936 —J&J 4b 1937-1944 J&J Milwaukee County— 4Kb Ot H'se '33-*34 M&N15 to 4.50 6 5.00 to 5.50 6 5.00 6 5.00 to 5.50 6 5 00 to 5.50 6 5 00 to & 5 00 to 5 50 6 5.00 to 6 6 00 6 6 00 to 5.50 4Kb Ot H'ce"35-"50 M&N15 6 6 00 4Kb Sew Mar 12 *36-'45— 4K« court h'se '33-'35J&Dl6 4Kb court h'se *36-'49J&D 16 Oshkosh 4K'a 1984 F&A to 5.50 6 4.75 6 4.75 to 4.50 to 4.50 to 5.50 to 5.50 to 4.50 Racine Oo 6a 6 4.75 5.50 to 5.50 to4.10 to 4.50 5.50 6 4.75 to4.10 to 4.50 to 5.50 6 6 00 6 6 00 6 4.30 6 4.75 6 4.75 6 4.75 100 100 6 4.75 6 6.00 Racine—4Kb '33'-57.—M&N 6s 1933-1941 F&A 6 6.00 to 4.50 100 100 to 4% 6 5% 4Kb 1933-1947 to6% 6a W W 1933-1935 M&N 6 6.50 6 6.50 to 6% 6b W W 1936-1960—M&N Madison— 6 4.75 to 4.50 5% to 5% 6.90 to 5% Green Bay— to 5% 7.25 to 5% WISCONSIN Chippewa Oo 4Kb '33-'34— DaneOo 4Kb 1934 M&N Ban Claire 4Kb W W '33-'44 Fond dn Lac 4Kb '34-'35-Mar to 4.10 51 to J&J to 4.60 to4".25 Pub Imp'39J&J 6~4.75~ 6 4.30 6 4.30 45 6 4.25 to 4.50 4Kb June 1 1957 J&D Lee County 5b 1934-41—J&J Henrico Co Sen 5a '34-'50 4.25 6 4.30 6 4.30 5.25 2% to4.10 to 4.10 Parkersburg— 6 5.25 4Kb June 1 1933 J&D 6 5.25 Wheeling 5b W W '33-*52_J&J 6 5.25 4b Ref 1933 to 1936 July to 4.25 to 6% Port Arthur— F&A 4Kb Ref Aug 1942 6 4.75 6 6.50 6 6.60 to to 6 4.25 Morgantown 5s 1933-48—J&J 4Kb Imp Oct 1 1942—A&O 4Kb Sch & Sew 1938—J&J 4Kb 1933-1954 J&J 6s Water 1948 -J&D Richmond—4Kb 1949 J&J 4Ks 1958 J&J 4Kb July 1 1964 J&J 4Kb July 1 1941 J&J 1934. *39. *44. *49. '54.769. '641934-1970 5s Danville— 2.50 6 4.25 to Mercer Oo 5fl '44 to Palestine 5s Sch Aug 1 5s 1962—M&8 Water Impt 1958 J&J to 6 6.25 to6.25 to 2% to 4.50 to 4.50 6 6.50 6 6.50 to 5.25 to 6.25 6 2.50 to 4.50 to 4.50 Portsmouth—5Kb 1951—F&A 6 6.50 to 5.25 to 6.25 6 4.25 to 4.75 92 5.50 to 5% 5.50 to 5% 5.50 to 5% 6.25 to 5.25 6.25 to 5.25 6.25 to 5.25 6.25 to 5.25 6.25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 Sept 1934-1952—M&N Oct 26 *38 op '21-A&0 1933-1957 J&J Imp 1934-35 (s-a)-J&J 4Kb Impt 1936-89 (s-a)-J&J 4Kb Impt 1940-65 (s-a)-J&J 6 6.25 6 6.25 4Kb 1942-1947 Houston 8 D 6s Feb 1952—_ 6 6.25 4Kb 4Kb 4Kb 4Kb 6% 6% 85 85 85 73 6 A&O Olarksbg 8 D 5b *41 op '21M&S Hancock County—5b Grant Road DIst '46 opt '82.M&N Huntington 5s 1944 Oot 5s Ind Sch D 1934 J&J Martlnsburg 5s '43 op '29 Deol to 4.50 Charlottesville 5s to 5.50 to 6.25 6 6.75 5s 1935-1953 Bristol 5 Ks Sch *84-'53 to 5 6 6.75 to6.25 J&j Clarksburg 5s *33-'34— to 5.50 to 5 b 6.50 A&O 1934-1935-J&J Galveston—5s 93 4Kb ctf Indebt 6s Viad't & Bridge 1964 opt 1924 6s 92 3s 5% to 5.50 9.00 6 4.25 J&J 6 4.25 3Ks 1951 & 1952 J&J 6 4.25 8Kb 1943-1952 J&J 6 5.25 Charleston 4Kb '41 opt '27J&J 5.50 Charleston S. D. 5s *33-,34J&j 5.50 5s 1935-1952 J&J 105K 4s to 4Kb 1934-'4 5 M&N 6 5.40 4Kb 1946-'65 M&N 6 5.40 4s School 1933-1951—j&j 6 6.00 Dallas Fort Worth 6s 1951 J&J to 5% 5% to 5% to 5.50 6 5.75 J&J 4fl 1939-1950 4s July 1948-1952— 100 (commonwealth) 1902—Funded debt 1991 J&J 1933-37—J&J Albemarle Co 5s 1948 J&J Alexandria 6s 19S3-1956-A&0 Arlington Co 6Kb '34-'54_F&A to 6 5.40 6 5.40 6 5.75 I to 6.75 1933-1934—j&j 1935-1946—j&j 4Kb July 1946-1948 J&J 4Ks 1945-1954.— J&J VIRGINIA. 6 5.40 to 6 7.25 I I to 9.00 5s Highway 5s Highway 4Kb 1933-1934 1933-48 6 5.40 6 8.50 6 8.50 100 K 34 1933-1959—F&A Dallas 5b 1934-1960 -M&N 4Kb 1934-1970M&N 4Kb July 11933-1949-J&j 6s Water to 900 WEST VIRGINIA 4Kb Oct 1 34 6 8.50 to 4.50 100 6 4.60 33 70 25 Cleburne 5s to 9.00 to 9.00 to 4.50 6 4.60 to 9.00 6 8.50 J&D 4Kb 1935-1943 Rutland 4Kb 1946-48 6 8.50 4Kb Water '39-*43 (s-a) J&J 6 6.75 4KBE1L&P *42-'48(B-a)_J&J 6 6.75 4KsElL&P '34-*51 (s-a) A&O 6 6.75 4b Water 1944-46 J&J to 4.50 6 4.60 % 9.00 % 6 8.50 Tacoma—Rev enues— 5b 1933 6 4.60 to 6.75 to 9.00 4Kb Bridge 1933-38—J&J 6 4.60 to 6.75 to -J&J to 3.75 to 4.75 6 4.60 7% to 7% to 6.50 6 8.50 Spokane— 6 4.00 6 4.60 to 7% to 6 850 —M&N 6 4.85 VERMONT. 3 Kb J&J A&O 5 KB L & P 1934-43—M&N 5s Light & Pow 1942-56A&O 4K Lt & Pr I939-'58 M&N s 1934-1940 A&O a 1941-1955 A&O s 1934-1935 A&O s 1936-1957 A&O Seattle School DIst Ns. 1— 4s 1946-1950 67 70 6 7.50 6 7.50 _ to 3.75 6 4.00 F&A 1933-1938 M&N 4Kb Jan 1934-1955 Seattle—6s 1934-41 55 & 6.5._ to 7% to 7% to 7 % 6 7.50 6 7.00 Pierce Oo 5s Sept 1 '33-378ept 6 6.90 Port of Seattle 5s '33-'55 M&S 6 6.90 55 55 67 60 76 1936--J&D 5b Road 1935 55 55 18 general oblig 4Kb Bridge 67 57 Brasorla Co— J&J J&J 4Kb Capitol Bldg 1934—A&O 4Kb Road 1939 J&J 4Kb July 1 1939 J&J 4s Capitol Bldg 1934 J&J 67 1954-M&S 6b 1934-1939— A&O 6s 1940-1965 A&O 4Kb 1933-1935 j&j 4KB 1936-1970 j&j 4s 1942 opt 1922 J&D 6a Water Works to 5.15 to 6.25 71 4Kb Bridge 1939-1949 M&N 6 7.50 4K" 1933-1934 M&N b 7.50 4Kb 1935-1950—— M&N 55 pages UNITED STATES—See 8% 80 to 4.15 •fi- 60 5Ks Water 1934-38-M&S 6 7.50 King be—5s Ot H 1933—May to 1937-1968—J&J Fund Revenue— to 6% 6 6.25 5Kb April 1 1941 5a Capitol Bldg 1934 6 4.35 6 6.75 Everett— UTAH. n 5s 6a Gen to 6.50 b 9.00 5Ks Fdg 1936-1968—J&J Tipton County— , 4Kb Road July 2 *33-'68J&J Washington County— 6% Fdg June 1 1964—J&J 6s to 5.50 to 5.50 to 5.25 b 7.00 1934-1940—J&J '25-Jan 1 6 6.50 b 6.50 Wichita Falls 6s 1950 M&N / 41 5 Kb 1933-1940M&N 7 41 6s Feb 10 1960 F&A10 / 41 4Kb 1933-1955 M&N / 41 4Kb 1933-1960 J&D / 41 4Kb 1934-1946——F&A 10 / 41 to 5.25 WASHINGTON to 5.60 b 6.50 to 5.25 to 5.75 to 4.60 to 5.50 1937—J&J Water-Works 1942—J&J Sewer %~ to 4.50 to 4.50 Washington Co sch *34-*39 J&J to 5.50 6% to 5.50 4Kb Water 5.25 4K% Jail 1940-1961—M&S Smith County— Austin 5s St Imp DIst No 2 1943— 4Kb 1934-1987 J&J 4Kb 1933-1968 F&A San Antonio 8 D 5s '66—F&A Tarrant County— to 5.50 Net. to 4.50 6 Staunton 5s 1933-58 M&8 4.75 6 4.75 5s 1957 — 6 5 Tazewell Co 5b 1933-46-— J&J 6 5 to 5.50 '34-'53-M&8 To Ask. Bid. Bonds. Net, to 5.50 Waco—5b 5.25 5.25 F&A 1948 Shelby County— 4s Courthouse b 6 50 5 Kb W W 1934-'35 M&N b 6.50 b 6.50 5 Kb W W 1936-'65—-M&N 5a Sept 1933-1953 M&8 b 6.50 b 6.50 5b Sept 1933-1959 San Antonio—5s 6 7.50 4Kb Oc* 10 1933—A&O10 6 7.50 4Kb Oct 10 '34-'69—A&O10 b 5.25 County— 4Kb Road 6s Aud to b 5.25 Hospital '34- 56--J&J 1935-1968 M&N |i in to 5.50 5.25 Bdge 6s to 5.50 Ask. Bid. Bonds. Net. or To or To or Bonds. Yield Basis Yield Basis Yield basis 1934-1940—J&J 6 6 00 6 6.00 4Kb 1934-1947 70 Superior 4Kb Sch '33-'44-J&J 6 5.50 Wood Oo—5s 1934 A&O 6rl937 and 1938 A&O 6 5.50 to 5.50 to 5.50 to 5.50 to 5.50 80 to 5% to 5% to 4.50 WYOMING 4s Road 1951 opt 1941 A&O 98 100 Natrona Oo S D No 2-— 5b 1932-1944 9Baals. /Flat price t Less 3. 6 6.50 6% % Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS Quotations in this department as near as are given per share, not per cent, except for stocks of Canadian Institutions, and are possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) denotes sales. Figures of deposits, capital and profits for the National banks are insti¬ from the Comptroller's last call; for all other tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For the Clearing House banks of New York and Philadelphia, deposits are taken from the latest weekly statement. National Banks Dec. 31 Capital. Birmingham— Dec. 31* Par. Deposits. Nomi nal. Per share, $ $ 1,276.092 25,031 100,000 First National Bank. t5.000.000 84,141 5,057,616 16,807,858 363,341 1,096,538 38,210,750 Capital. Ask. Bid. Los Angeles (Concl.) Union Bank Sc Trust. Wilahire Nat Bank- 100 100 100.000 31,019 306,063 First National Bank. Merchants' Nat Bk. Amer Nat Bk&Tr Oo 1,000,000 1,000,000 500,000 1,684,185 1,204,631 117,499 14,982,733 10,229,251 690,130 100 20 Mobile— 100 100 1,200,000 1,200,000 500,000 300,000 2,754,515 1,987,917 203,744 172,332 38,109,535 23,799,675 3,157,521 6,558,580 100 100 290,022 156,877 810,109 2,385 263,886 3,064,718 4,112,530 9,537,292 1,019,851 2,532,538 100 N o 14,397.014 976,722 3,285.662 837,294 100 re cent 100 100 sa les 145,000 505,395 104,448 102,719 68,138 150,000 28,821 1,841,461 100 1,000,000 500,000 600,000 100,0()( 811,531 717,202 200,000 41,690 22,928,637 10,580,050 4,326,743 1,328,381 100 116,072 757,915 61,916 1,540.336 10,412,460 1,198,468 100 10 Security Nat Bank- 300,000 500,000 1,000,000 100,000 300.000 205,693 39,609 230,362 118,636 400,000 100,000 200,000 100,000 100 100 1,872,503 534,000 1,310,535 1,318,500 100 100 100 100 Sacramento— Capital Nat Bank Citizens Bk of Sacra. 500,000 50,000 N o re cent sa 100 25 100 100 les 10 Belma— Belma Tr St Bar Bank 27,478,089 300.206 Pasadena— ' Oity National Bank. People's Bk&Tr Oo. Belma National Bank Ask. Bid. Nomi Ml. Per share. $ 1,922,246 17,791 Citizens Coml Tr Sc S First National Bank First Trust Sc Sav Bk Pasadena Nat Bank- 100 Montgomery500,000 1,000,000 200.000 Par $ 5,000,000 200,000 Central Sav Bank—c Central Nat Bank— c First National Bank. Farmers Sc Mer Sav. 100 e Gross Deposits. Oakland— 25 Bank— Alabama Nat BankFirst National Bank. Union Bank & Tr Oo Surplus A Profits. 100 Woodlawn-American National State Institutions Dec. 31. CALIFORNIA Gross Surplus A Profits. $ 1,000,000 75,000 Blrmlng'm Tr Sc Sav. Ensley Bank&TrOo Industrial Sav Bank. National Banks Dec. 31. State Institutions ALABAMA N o re cent sa Merchants Nat Bank Sumitomo Bk of Cal 200.000 125 n lee SanBernardino— American Nat Bank. National Banks Dec. 31. San Diego— First Nat T Sc S Bk. San Diego Tr Sc S Bk State Institutions ARIZONA Dec. 31. Security Tr Sc Sav Bk d United States Nat Bk Nomi Ml. Per share. Bilbao— Bank of Bisbee 100.000 250.000 Miners Sc Merch Bk. Phoenix— First Nat Bk of Ariz. Phoenix Nat BankPhoenix Sav Bk & Tr Valley Bank Ac Tr Co 111,813 294,439 300,000 2,316,981 3,304.611 100 100 500,000 250,000 1.050.000 343,564 409,958 166,778 565,535 2,755,938 4,333,709 2,882,895 6,724,533 20 25 25 25 400,000 250.000 123,822 301,184 7,496,602 4,664,653 100 N o re cent sa les Tucson— Consolidated Nat Bk Sou Arizona Bk Sc Tr Nelimel Bmhs State ARKANSAS Dec. 31. 100 Dec. 31. Nom iml. Per share Oity National Bank. 200,000 500,000 500,000 First National Bank. Merchants Nat Bank 68,768 681,827 556,447 2,411,069 6,074,736 6,838,945 100 N o 100 25 re cent sa les Little Bock- 100,000 600,000 350,000 500,000 200,000 Bank Union Bank—... W B Worthen Oo 51,279 119,440 177,333 312,080 357,866 685,625 6,659,954 3,148,575 8,046,599 3,810,717 Commercial Nat Bk. Farm Sc Mer Sav Bk. First National Bank. Stockton— First National BankStockton S & L Bank Union Safe Dep Bk A 52,624 592,943 908,812 5,816,052 100 11 130 150 IIX / 9500 60 200 Io5 50 100 25 No re cent sa les 1,029,774 1,792,542 7,560,241 25 200.000 1,000,000 534,531 1.216.738 2,945,074 8.545,726 100 100 N 83,200 1.983,000 ino sa See o les ' 111, Sale price. a rz re cent CANADA ( Page 25 March 31 1933. 25 375 210 500.000 * tdmmons Nat Bank. 20 100 52,300 213,841 332,762 25 100 25 Pine Bluff— CottonBeltBk&TrCo 75 200,000 150,000 750.000 100 100,000 200.000 t Peoples 50 Ac Savs Assoc 25 50,000,000 49,890,774 700,447,811 Bank of America 4,000,000 2,448,000 49,210,493 Bank of Montreal... 197,676 3,090,191 155 1,000,000 Canadian Bk of Com 531,065 1.300,000 12,946,309 100 Crocker First Nat Bk 200 6,000,000 a4,028,920 58,024,109 100 The San Fran Bank. 1,000,000 5,350,000 151,114,627 1000 8500 Pacific Nat Bank 40 1,000,000 186,208 7,278,419 100 Wells Fargo Bank Sc Union 'mist Co.._ o.odo.ooo 8.274.737 159,513,641 10Q 188 Yokohama Specie Bk 325,983 1,225,000 3,872,173 Trust Twin Oity Bank Bankers Comm'l Tr. 5,793,639 167,072,365 7.637,448 85,216,895 465,509 30,195 American Trust Co.. 10,000,000 11,500,000 200,932,852 Crocker First Federal Trust Co 1.500,000 a2,093,578 44,123,790 San JoseFirst National Bank 855,617 600,000 7,261,691 San Jose Nat Bank.. 89,722 500,000 1,809,499 Santa Ana— ImiMm i Fort Smith— San Francisco— Anglo California National Bank... 10,400,000 Bank of Calif, N A._ 8.500,000 Bank of Canton Ltd. 300.000 Bank of Amer Nat Tr 25 100 100 & The Bankers' Trust Co., Union Trust Co. and Peoples Trust Co. of Little Rock, Ark., succeeded by the Bankers Commercial Trust Co., the Union Bank and the Peoples Bank, all of which opened for normal business May 2 1933. In process of reorganization. on National Banks Dec. 31. CALIFORNIA State Institutions c Dec. 31. d As of April 8 1933 the La Jolla National Bank of San was e Nomi nal. Per share. Long Beach— Oallf First Nat Bank Farmers Sc Merch Bk Farm Sc Merch Tr Oo Western Tr Sc Sav Bk Los 300,000 1.000,000 100,000 225.000 101,937 597,490 3,042,023 9,499,453 none 100 100 178",999 1,735,170 100 5.000.000 1.000,000 3,240,692 783,000 78.049,131 25 100 1 N ! Savings Bank Farmers Sc Mer. NatSeaboard Nat Bank. 5,000.000 7,232,798 91,248,800 3,000,000 4,977,932 75,055,296 2.000,000 8,105,375 568,945 Security-First NatBk 30.000.000 24,173,484 452,777,582 a: 20 "25 n cent les 27 3834 -— Fully paid up stock with par of 100 yen. r On s New stock with par of 50>en. Federal Conservator appointed. a restricted basis, t April 14 1933. t The First National Bank of Birmingham, Ala., has arranged to increase capital by $7,500,000 of new preferred stock; $5,000,000 of new stock was sold to the R. F. 0. and $2,500,000 to the First National Co. and local directors and stockholders. Owing to a blunder made in our Bank & Quotation Record for May 5, in placing a mark with a footnote against the name of the First National Bank of Birmingham, Ala., it was made to appear that a conservator had been appointed for this bank. There was of course never any basis for the statement. it 100 money. Sale in Canadian funds. I Last sale price. o re sa Angeles— California Bank California Trust Co. Cltlsens Nat Trust Sc f Par $40 Hong Kong 20 Diego, Calif., absorbed by the Security Trust & Savings Bank of San Diego. March 18 1933. National Banks Capital. National Banks State Institutions Dec. 31. COLORADO Dec. 31. COMPANIES TBUST AND BANKS 103 DIST.OF COLUMBIA Dec. 31. Par. Deposits. Ask. Bid. Gross Surplus & Profits. Gross Surplus &, Profits. Capital. State Institutions Dec. 31. Par, Deposits. Nomi nal. Per share. Nomi nal. Per share. $ Colorado S S 250,000 100,000 Washington— Columbia Nat Bank- 623.815 194,465 558,128 1,110,152 First National Bank- Colo Title & Tr Co- 202,189 133,144 305,097 b63,496 77,616 1,408,777 1.389.560 5,569,887 6.002.801 1,207,255 100 388,311 103,181 1,318,183 82,597 1,224,790 2,236,984 4,879,527 2,508,607 33,541,326 100 Lincoln Nat Bank McLachlen Bkg Corp 400.000 500.000 500.000 B Exchange Nat Bank. Colorado Spgs Nat 100 Mt Vernon Sav Bank 400,000 r 100 100 p2.000.000 Franklin Nat Bank.. p 225.000 600,000 Liberty Nat Bank Bank & Trust Co. 100 10< Denver— American Nat Bank- Central Sav Bk & Tr South B'way Nat Bk Stock Yards Nat Bk_ U S National BankGuardian Trust Go— 1,000,000 50.000 1,500,000 1,500.000 200,000 250,000 550,000 120,000 International Tr Co. 500.000 1,925,470 65,337 1,606,175 100,000 22,380 Colorado Nat BankColorado State Bank Denver Nat Bank— First National Bank- 25,000 137,592 100 22,459,193 40,152,471 436,651 1.321.561 18,017,392 530,382 12,818,112 166 1.012,495 Pueblo— First National Bank- 13,108,544 1,282.167 1,448,187 3.246,133 o 100 Western Nat Bank.. Pueblo Sav & Tr Co- Wash- Nat Capital Bank— Nat Metropol Bank. 151,818 340,479 705.622 178.069 153,318 150,000 ,20 100 100 100 5,980,801 1,990,763 3,029,30. > 1,132.270 100 100 100 100 8,897,739 234,670 1,530,375 1,050,000 200.000 800,000 3,000,000 750,000 100 1,647,005 18,731,804 62,191,663 5,853,921 5,311,717 412,846 31,780,003 16,151,275 4,799,669 9,236,496 2,162,297 16,299,042 100 100 1,005,208 500,000 30,000 b 132,788 105,134 100,000 268,723 100,000 6 Mlnnequa Bank Bank of Nat N 597.701 re cent sa 100 100 100 100 les Riggs National Bank 3,816,342 100 Wash'ton Sav Bank. p 100.000 Amer Secur & Tr Co. 3,400,000 412,738 328,482 29,612 3,806,256 100 Nat'l Sav & Tr Co.. 1,000,000 2.000,000 Munsey Trust Co Union Trust Co 2,000,000 U S Savings Bank p 100,000 1.000.000 Wash Loan & Tr Oo_ 2,788,889 1,536,763 1,142,410 183,639 2,531,755 Second Nat Bank 300.000 Secur Sav & Com Bk Leadville— Carbonate Amer N B 15,178,950 4,026,258 3,037,276 Bank of Oomm & Sav District Nat Bank- pi.000,000 Federal Amer Nat'l 50,000 100,000 300.000 300.000 150.000 Colorado SaV Ban 100 10 3,935,256 1,506,529 7,079,183 100 100 100 10 100 100 100 100 100 100 100 100 100 National Banks Dec. 31. Institutions State FLORIDA Dec. 31. Nomi nal. Per Jacksonville— National Banks Dec. 31. CONNECTICUT sta,e^Tion' Nomi nal. Per share. Bridgeport— 1.177,892 15,520,901 20 100,000 fcl.750,000 300,000 300,000 200,000 100,000 300,000 3 . . - West Side Bank . 25 16.600.846 166,081 12 100 25 1,243,693 share 10 100 584,576 15,404,367 0 inn Lakeland— Florida Nat Bank— 0 1,000,000 77,705 1.522,114 168,140 71,459 168,152 117,362 361,592 948,653 17,937.277 100 3,767,946 100 1,615,140 1,854.492 1,103,050 2,312,761 100 Miami 100,000 Florida Nat Bk & Tr 0 100 3 10 24,629,788 14,503,140 434,502 Barnett N B of Jack1,500,000 ol,086,773 n 26,085 Citizens Bank 100,000 Florida Nat Bank— 01,500,000 o 715.251 Atlantic Nat Bank— <*3,000,000 o 70,752 45 Miami- 25 55 100 25 Beach J 00 400.000 465,750 70,132 138,283 300,000 171,775 4,340,747 100 200.000 100.000 217,407 76,154 2,350.872 2,432,324 100 100 800.000 200.000 203,626 115,869 3,098,141 2,512,362 100 25.000 100.000 96,915 65.683 540.649 1,505,661 100 135,464 2,404,797 25 1,250.000 1,500,000 500,000 586,249 849,282 206,623 9,978,355 10,751,050 1,316,114 100 ino.ooo First National BankFirst Tr & Sav Bank. 32,803 353,468 2.210,282 3,202.549 1.200.000 100,000 t 1,599,073 25 First National Bank... - I OrlandoFirst Nat Bk & Tr Co Hartford— Florida Bank 300,000 Capitol Nat Bk Conn River Bkg Co. 150,000 1,150,000 r 100.000 r 4.000,000 100,000 1.600,000 -a 250,000 0 3,000,000 200,000 250.000 0 125,000 100,000 0 500,000 0 200,000 100.000 r _ . . 228,922 910,654 1,220,477 118,428 4,903,856 265,733 1,771,771 392,760 4,022,704 333,422 257,390 91,559 67,076 712,571 213,708 135,895 25 2,707,526 5,317,870 12.633.355 1,301,312 39,714,574 30 450 100 50 80 loo" 70 80 10 18 100 27,591,811 100, 100 3,407,002 28,976,601 2,158,958 2,396,480 1,582,011 374,539 9,763,278 1,671,188 1,122,139 0 N 40 190" a.. 25 . "55" 45 100 100 Cit & People's Nat Bk People's Bk for Sav -. St Augustine Nat Bk 75 60 100 100 i75" 25 100 St. Petersburg— Tampa— Exchange Nat Bank. First National Bank. First Sav & Tr Co . 200.000 0 "50" 40 cent les 100 St. Augustine— Florida Nat Bank "25 o re sa Pensacola— American Nat Bank- . . o 100 100 West Palm Beach Meriden— West Palm Beach At¬ 100 25 438,489 423,942 76,159 70,181 149.985 1,423,272 5,035,977 1,383,449 5,676 1,409,437 100,000 1,260,000 1,600,000 750.000 1.458.700 352,759 ol,219.720 ol,321,900 ol,097,752 01,245,399 1,778,586 22,206,777 7,355.069 8,520,633 12,307,268 k . 0 225 250 25 30 100 200,000 500,000 200,000 100,000 100.000 - 70 75 100 140 100 National Banks ) L Second Nat Bank 100 100 100 100 190 100 190 State Institutions GEORGIA Dec. 31. 190 165 165 Dec. 31. Nomi nal. Per Atlanta— share. 130,151 232.227 100 Citiz & So Nat Bank. r5.000,000 03,392,014 First Nat Bank 5,400.000 i6,365.423 622,224 Fulton Nat Bank 1,000.000 New London— Nat Bk of Comraer New London inn 100 125 New Haven- 50,065.778 67,263,323 13,633,595 2,320.146 tlO 10 11 10 19 20 200.000 American Sav Bank. 300,000 514,663 4.988,267 100 N o Ga Sav Bk & Tr Co— re cent Trust Co of Georgia- 565.070 500.000 2.000,000 12,705,840 200,000 300.000 150,000 0 151,269 301,267 98,530 2,667,549 100 sa Bank—. . - 1,036,488 100 100 Augusta— Georgia RR Bk & Tr 1,000,000 100 100 les City National 250,000 150 100 lantic Nat Bank Cent Farmers Trust. 993,546 120 6,147,410 e 6,027,692 50,065,778 2,478,331 100 122 130 no 10 11 784,119 142,693 50,154 309,466 174,560 5,539,325 1,479.253 854,539 1,595,972 1,009,862 100 100 100 100 100 Citiz & So Nat Bank- r5,000.000 03,392,014 268,539 First Nat Bk & Tr Co e 500,000 50,065,778 6,176,511 457,276 tio 385,078 Citiz & So Nat Bank- r5.000.000 o3,392,014 180,110 400.000 Nat Exchange Bank. e ioo 90 Norwich— Thames Bk & Tr 550,OOC 200,000 . i 499,508 136,569 25 2,958,976 1,168,253 No re cent sa 100 les Columbus— 850,000 300,000 100,000 200,000 200,000 Columbus Bk & Tr__ Fourth Nat Bank Home Savings BankMerch & Mech Bank Stamford— First-Stamford Nat' 1 . 0 - First Nat BkofOol— 1.000.000 ol.331.895 200,000 1,067,961 700,000 1,598,084 N o re cent sa les 100 8,085,047 4,535,660 7,333,354 Macon— 100 100 112,322 50.000 Macon Savings Bank 10 11 10 11 10 100 Water bury— Ni Waterbury Nat Colonial Trust Co__ k k . 600,000 500,000 1.000,000 891,148 367,686 2,654,089 300.000 380,298 0 100 50 125 Citiz & So Nat Bank r5,000,000 03,392,014 290 350 Liberty Nat Bk & Tr e 100 9,522,089 4,006,252 6,773,123 2,405,583 100 45 100 50 100 Savannah Bk & Tr— 600,000 700.000 Citizens Bk & Tr Co. Cltis & Mfrs 300.000 55 Savannah— * Sale o 0 131,929 114,841 88,832 50,065,778 3,666,723 1,713,309 665,500 10 10 100 100 price, t Branch of Savannah. a Affiliate of the Hartford National Co. 6 Feb. 25 1933. d Member of the Atlantic Group e National Banks Dec. 31. in Florida. Affiliate of the First National Bank of Atlanta. Ga. / Sept. 30 1932. DELAWARE State Institutions 0 Dec. 31. Member of the Florida National Group. h Affiliated with the Barnett National Bank of Jacksonville, Fla. 1 April 7 1933. Nomi nal. Wilmington— Per Central Nat Bank Farmers' Bank Industrial Trust Co. Union Nat Bank Delaware Trust Go— Equitable Trust OoSecurity Trust Co Wilmington IV On _ 210.000 329.505 500,000 2,699,447 2,000,000 334,86L 203.175 907,216 1,000.000 652,856 1.500,000 02,479,851 1.121,000 1,367,561 4,000,000 10.734,531 1,468,591 23,485,210 1,898,853 3,127,386 7,883,347 8,913,302 7,920,771 24,031,526 100 50 share. 95 110 200 240 10 15 Bridgeport-City Trust Co. of Bridgeport, Conn., and its affiliate, the Bridgeport-City Co., have voted to completely separate their corporate A: association. I Last sale. 50 25 90 100 n In liquidation; taken over 100 160 180 o March 31 1933. 25 60 75 100 50 175 90 195 105 p r Combined statement t Trust funds. x by State Banking Dept. in March 1933. In process of reorganization, Ex-dividend. June, 1933.] BANKS State Institutions AND TRUST COMPANIES IDAHO Dec. 31. National Banks Surplus & Profits. Institutions State ILLINOIS Dec. 31. Capital. 103 Dec 31. Gross Deposits. Par. Bid. Ask. Surplus A Profits. Capital. Gross Bid. Par. Deposits. Nomi nal. Boise City— First Nat Bk of Idaho % 308,202 297,141 18,187 300,000 First Security Bank. Boise Trus Co 150.000 150,000 Per 5,563,301 100 4,360,498 30,440 25 Ask. Nomi nal. share. Quincy— % 200.000 Mercantile Tr A S Bk Per $ short. 139,719 2,832.320 100 058,341 291,095 310,359 3,040,651 100 re cent 1,546,662 3,646,623 100 sa les 189,468 119,822 4,738.307 3,191,172 6,553,589 3,780,863 100 100 Bockford— Illinois Natl Bk A Tr N Co 200,000 Swedish-Am Nat Bk_ 125,000 500.000 Third Nat'l Bank o 100 SpringfieldNational Banks Dec. 31. ILLINOIS State First National Bank. Illinois Nat Bank Institutions Dec. 31. 300.000 300.000 200.000 Merchants Nat Bank Old Second Nat Bank 104,712 123,289 196,570 1,853,705 1,604,730 1,621,123 N 100 100 100 257,410 100 10G 100 o re cent sa les National Banks Dec. 31. ' Belleville— Belleville Bk A TrCJo Belleville Nat Bank. 150.000 100.000 300.000 200.000 150.000 Belleville Sav Bank. First National Bank. St Olair Nat Bank.. 165,479 13,506 385,647 343,573 167,671 1,250,611 375,101 2,838,309 3,618,415 100 1.576,479 100 100 100 100 Nomi nal. Ev&nsville—: Citizens' Nat Bank.. Citizens Tr A Sav Bk Chicago113,194 450,000 151,188 38,635 500.000 100,000 500,000 100,000 500,000 524,045 178,038 319,895 14,297 271,008 8,247,142 1,051,116 7,139,072 1,182,299 8.576,464 1.250,000 25,000 1.750,000 300,000 300,000 717,726 11,957 1,415,445 206,212 1,214,066 8,819,974 276,922 19,060,219 955,891 5,057,963 Gary State Bank 200,000 615,140 Gary Tr A Sav Bk._ 4.161,249 100,000 100,000 Fletcher-Am Nat Bk 63.600.000 100,000 2,000,000 200,000 Marion Co State Bk. 50,000 Merchants' Nat Bk__ 1,250,000 1,366,099 109,109 2,344,722 135,128 100 60 1UI 2,032,532 100 • m — 'a*—' « — ^ 70 City Nat Bk & Tr Co Drexel State Bank.. Drovers Nat Bank. 500.000 IO Bank & Tr Co 300,000 210,466 43,410 56,449 350,000 500,000 300.000 Lawndale Nat Bank. Lawndale State Bk_. Liberty Bank Live Stock Nat Bank /400.000 104 350 300,000 0 108,160 50,000 167,308 100 101 10 loo 10(1 101) — - 0 101 10( 40 8 12 — — State Bk of Clearing. Terminal Nat Bank. 100,000 200.000 33,508 143,508 35 45 170 80 50 55 50 65 35 38 1,716,288 200,000 200,000 500,000 100,000 200,000 119,279 102,686 100,696 18,687 299,859 1,181,053 1,508,367 2,036,943 258,142 463,078 200,00C 300,000 200,000 145,409 101,142 51,484 1.831,542 14,000,000 Amalg Tr & Sav Bk. Banco di Napoh Tr. Bway Tr & Sav Bank Central Republic Trust Co Chic City Bk A Tr.. Drovers Tr A Sav Bk Bast Side Tr & 8 Bk. Harris Tr A Sav Bk_ Howard Ave T A S Bk Lake Shore Tr A S Bk ion ion 935,739 369,362 100 225 240 loo 250" 260"" 325 20 20 20 20 20 100 100 Indianapolis— Fountain Sq State Bk Indiana Nat Bank.. Live Stock Exch Bk. 29,048 2,098,548 200.000 250,000 500,000 100,000 1,500.000 1.000.000 200,000 600.000 Aetna Tr A Sav Co.. Bankers Trust Co Fidelity Trust Co Fletcher Trust Co.. Indiana Trust Co Security Trust Co Union Trust Co 333,070 57,087 576,705 185,823 1,844,353 1,557,673 490,992 2,420,387 South Bend— Citizens Nat Bank.. Citizens Tr A Sav Bk First Bank A Tr Co. Merchants Nat Bank 700,000 500,000 600,000 250,000 224,569 210,546 141,358 500,000 500,000 596,413 595,311 60,278 26,303,033 611,360 37,874,009 494,716 411,422 12,830,329 1,737,941 1,437,901 1,757,682 1,407,395 24,842,584 10,482,099 3,543,708 10,224,563 100 100 100 1150 100 100 100 "no" 150 100 100 100 100 100 107 92, 100 100 110 130 100 405" 500" 4,622,028 1100 3,574,686 100 3,622,979 100 1,068,041 N o re cent sa les Terre 100 S 10,795,851 4,820,221 20 20 11 100 40 100 d 70 100 share• Gary— Terre Haute— Haute First National Bank Terre Haute Trust 9,969.019 k 115 25 10(1 582,480 2,109,332 West 31st State Bk_. Western State Bank. 60 100 100 100 31,175 210,918 398,810 41,484 500,000 UnivSt Bkof ChicUpper Ave State Bk. 22 50 70 200,000 350,000 700,000 200,000 800,000 Dime Sav Trust Co.. People's Tr A Sav Co People's State Bank. 200 155 100 Sears-Com State Bk_ Second Security Bk. h Security Bank h Skala State Bank So Chicago Sav Bk n Uptown State Bank. - 20 125 Nat'l Builders Bank. 500,000 198,705 Nat'l Boulevard Bk. 500,000 0 256,143 Oak Park TrASav Bk <1,000,000 602,000 Personal Ln A Sav Bk 2,000,000 01,218,101 Pioneer Tr A Sav Bk 750,000 • 642,280 1,703,872 1 Lincoln Nat Bk A Tr N orth Side StateBank Old First Nat Bk ATr 107 300 17 200,000 0 Mutual Nat Bk of Ch 85 100 2,000,000 Metrop State Bank.. Mid-City Nat B & Tr 100 100 52,683 122,951 100,704 200,000 a H* Mi 1 100 d 80 100 70 First National Bk 25,000,000 018354744 First Nat Englewood 200,000 0 752,096 Halsted St State Bk. b 200,000 Hamilton State Bk.. 1 'loo "~69}| 362,265 689,221 1,000,000 . 1 Per 100 1800 100 Fort Wayne— 70 «. 60 101 4,000,000 01,164,423 Oont 111 N at Bk ATrGo 76.000.000 031000287 State , Institutions Dec. 31. INDIANA National City Bank. North Side Bank. Old Natl Bank Aetna State Bank... n 200,000 Amer Nat'l Bk A Tr 1.000.000 Austin State Bank.. 6 500,000 Beverly State Sav Bk 100,000 0 50 85 90 100 100 100 National Banks Dec. 31. "Io6 ""30" "50" y* IOWA State Institutions Dec. 31. m 1,600,000 01,170,084 350.000 0 702,810 5,932,017 4,515,036 100 45 60 100 75 85 200,000 57,847 6.000,000 07,930,093 200.000 21,299 400.000 0 199,667 600.000 01,108,263 330,271 99,622,107 245,585 3,473.386 100 250 260 35 130 140 Nomi nal. n 50 lUu Burlington— 40"" 1.000.000 600,000 500.000 2,737,483 638,151 0 336,712 0 529,248 3.000,000 08.215,796 137,863,862 Pullman Tr A Sav Bk 300.000 0 3,684,297 162,809 W Side Tr A Sav Bk nl.000.000 5.903,501 38,770 Per Farmers A Merch S B 100 100 60 70 Too 30 342 974,012 100 166,462 74,882 1,058,110 89,473 235,048 2,307,038 1,535,697 16,161,650 N o 100 re cent 100 sa les Cedar R&pida— Oed Rap SBATr Co. Iowa State Sav Bk_. 200.000 200.000 500,000 People's Sav Bank.. Amer Tr A Sav Bk.. 100,000 200.000 c 100 100 350 100 share 45 917 50,000 Merchants' Nat Bk. Madison-Kedsie Tr A Savings Bank Mercantile Tr A Sav. Merchandise Bk A Tr Northern Trust Co.. 0474,395 Nomi nal. Per share. AuroraAurora Nat Bank__ Lakevlew Tr A 8 Bk. 500.000 300.000 500,000 500.000 Springfield MarineBk First State Tr A S Bk 167 100 35 «■ •» 1,826,323 1,840,527 100 — Elgin» Elgin Nat'l Bank... First Nat'l Bank Union Nat'l Bank Elgin City Bkg Co.. 100,000 300.000 100,000 300.000 64,344 158,749 148,931 254,113 816,605 2,234,257 1,177,708 1,865,953 100 Sale price. a 100 Placed in the hands of the State Auditor on April 28 1933. b In process of reorganization, 100 100 c Sept. 30 1932. d New stock e J oliet— N First National Bank. 61,040,000 c 461,127 8.083,069 20 o re sa les Bank of Peoria Cent Nat Bk A Tr Co Com Mer Nat Bk A T *irst National Bank. Jefferson TrA Sav Bk 200,000 73,738 600.000 619,162 2.000,000 02,086,359 660,000 01,187,967 200.000 101,899 1,088,942 5,812,048 15,268,451 8,698,653 1,015,707 100 60 Feb. declared a 23 1933 the moratorium. / Charter 0 Peoria— On Citizens National Bank of South Bend, Ind. cent was issued May 6 1933 by the Comptroller of the Currency. V on March 25 1933. h The Security Bank tions, both of Chicago, Chicago, effective as of and resorves of $50,000. and the Second Security Bank, affiliated institu¬ HI., succeeded by the National Security Bank of May 27 1933; new capital, $200,000 with surplus W: ^ ; -r:;f 1 Reopened for business on May 1 1933. 20 k 20 I Last sale. 20 n Reopened for business on May 29 1933. Closed. t Trust deposits. x Ex-dividend. V Ex-rights ] " f"? National Banks Dec. 31. Surplus <5b Profits. Council Bluffs— Olty National Bank. Oonn Bluffs Say Bk. First National Bank. State Savings Bank. DavenportDavenport Bk 8c Tr_ 600.000 Par. Bid. New Orleans— American Bank 8c Tr 100 Continental Bank 8c Trust Oo— 100 Nat Bk of Oomm.&.. 1.000,000 731,754 64,449 p202,500 2,700,000 300,000 O750.00C 1,300,927 2.800,000 1/4,395,027 Whltney Nat Bank— Hlbernla Natl Bk 100 12,842,869 Gross Par. Deposits. ... First National Bank- Per 1,000,000 150,000 250.000 232,344 119,595 279,025 Olty Sav Bk 8c Tr Oo 100 Commercial Nat Bk. 100 6,171,297 1,790,779 8,910,074 52.000.000 100,000 Home Savings Bank. 50,000 University State Bk. 500,000 Valley Nat Bank.... 150,000 Valley Sav Bank 1,114,388 62,927 3,729 241,136 267,633 24,390,593 1,407,950 Bk 8c Tr Oont'l-Am B 8c Tr Oo 360,255 49,463 543,139 513,916 17,146 240.531 N o re cent loo sa les 12,379.971 4,892,706 12,057,915 5.045,603 100 ft 100 100 456,803 100 3,548,461 /100 3,100,639 I 10 N o re 200,000 50,000 1100 500,000 1,000,000 700.000 National Banks Dec. 31. cent ■a Dubuque— First National Bank. les Institutions State MAINE Dec. 31. 100 3,435,564 1,061.365 Nomi nal. 100 Augusta— Sioux CityFirst National Bank Live Stock Nat Bank ft 146,446 216,567 263,233 264,926 110,753 400,000 200,000 200,000 250,000 p 100.000 Toy Nat Bank Security Nat Bank- National Banks 300,000 First Nat Granite Bk Augusta Trust Oo— n 400,000 100,000 State Trust Co..— n Bangor— 100,000 Merchants' Nat Bk. 200.000 Eastern Tr 8c Bkg Oo 1.000.000 Merrill Trust Oo Portland— 600.000 Canal National Bank 600,000 First National Bank_ 425.000 Portland Nat BankFidelity Trust Oo— rl .000.000 Oasoo-Mercantlle Tr ®1.263.900 10 2,989,297 4,592,266 5,481,133 4,444,666 1,901.755 ftlOO 100 100 100 National Banks Dec. 31. State Institutions KANSAS Dec. 31. Per Hutchinson— share 100 150.000 150.000 250,000 47,446 90.000 1/158,756 760,076 1,200,000 100 N 0 2,505,335 100 re cent sa les 750.000 200.000 200.000 100.000 Exchange Nat Bank. First National Bank- Exchange State Bank People's Nat Bank.. Riverview State Bk. 264,994 136,835 62,008 255,358 9,002,384 1,912,287 1,808,719 1,958,497 100 100 100 100 Leavenworth— 150.000 First National BankLea venworth Nat Bk 150.000, Manufac'rs State Bk 127,199 284,174 21,100 50,000 2,285,135 2,592,436 100 822,000 100 100 Topeka— Oentral Nat Bank Central Trust Oo 192,845 205,318 62,143 Fidelity Sav State Bk Guaranty State Bank Kaw Valley State Bk Merchants' Nat Bk. Nat Bank of Topeka State Savings Bank. Topeka State BankWichita— First National Bank. N 0 100 re cent 100 sa les 58,456 63,083 1,077,447 734,073 57,764 58,900 27,057 200,000, Union Stock Yds Nat 100 493,159 1,000,000 1,000,000 200,000 Fourth Nat Bank... Southwest Nat Bank Union Nat Bank 7,574,511 uoo 1,161,408 f— 69,779 22,308 117,411 500,000 400.000 200.000 50,000 50,000 200,000 500,000 100,000 50,000 100,000 5,463,811 14,359,216 3,001,112 222,241 668,466 5,942,681 7,210,758 16,637,653 410,938 258.204 766,807 1,646,168 768,323 5,279,087 7,168,020 10,843,659 25,304,444 15,173,108 100 re cent 100 sa les 100 100 100 375 650 300 450 100 100 50 145 100 100 State MARYLAND Cumberland— Commercial Sav Bk_ p 100 1,365,570 812,414 417,238 3,633,085 7,709,521 1,249,311 1,087,916 Peoples Bank Second Nat Bank— Liberty Trust CoFrederick— Citizens' Nat Bank-. Oomm'l Bank of Md Farm 8c Mech N Bk_ Frederick Oo Nat Bk Fr'k Town 8av Inst. Baltimore Nat'l Bank 100 100 100 100 100 50,000 200,000 100,000 500,000 500.000 Flrst Nat Bank 100 18,653,171 11,573,548 1,190,877 1,049,707 482,698 Baltimore310,883 Bait Oomm'l Bank-. pi .000.000 4,000,000 Baltimore Nat Bank. 347.300 200,000 Calvert Bank 100,000 129,270 Canton Nat Bank— 300,000 221.272 Oommonw'lth Bank200,000 128,173 Mercantile Bank— o 4,000,000 1/8,293,649 First National Bank400.000 557.370 Nat Cent Bk of Bait600,000 1/741,088 Nat Marine Bank— 725,901 750,000 Western Nat Bank— 400,000 436,053 Colonial Trust Oo— 1.250,000 2,038,141 Equitable Trust Co. 1,000.000 1,446,680 Fidelity Trust Oo— 2,500,000 1,569,910 Maryland Trust Co. 1,500,000 3.560,673 Mercantile Tr Oo— 600,000 212,692 Real Estate Tr Co.. 2.000,000 3,527.280 Safe Dep 8c Trust Oo r2.500,000 p5,510,947 Union Trust Oo — Kansas City— Oomm'l N Bk of K O 320,626 809,815 297,113 1/914,896 Per share. N o 100 Institutions Dec. 31. Dec. 31. Nomi nal. American Nat Bank. share. 1,800,091 100 17,623,390 16,842,636 "100 25 72,998,680 25 14,165,564 1,000,000 100 Des Moines— Bankers Trust Oo.. Gap Olty State Bank Central Nt Bk & Tr Oo Iowa-Den Moines Nat Ask. 100 13,892,823 Shreveport— ' Bid. $ 100 100 1,355,262 2,432,629 2,549,984 2,438,894 Dec. 31. Nomi nal. Nomi nal. Per share. lnt-State Tr 8c B Oo. 306,221 Surplus & Profits. Capital. Ask. Institutions State LOUISIANA Gross Deposits. $ 100,600 206,682 103,250 188,483 $ 120,000 150,000 300,000 150,000 COMPANIES National Banks Dec. 31. State Institution* Dec. 31. IOWA Capital. TRUST AND BANKS 104 100,000 200,000 125,000 150,000 150,000 Nomi nal. Per share 100 6,909,265 5,589,734 2,630,566 3,663,149 2.322.120 88,461.459 3.665.121 4,523,473 6,781,172 1,379,693 16,533,776 18,508,229 26,992,290 18,587,120 1,229,472 6,086,279 45,333,404 833,771 74,281 417,920 101,647 345,035 660,362 3,865,025 1,072.267 5,245,573 2,529.237 993,611 114,028 428,305 71,885 422, Q50 7,477,198 2,020,136 3,880,905 1,930,357 3,234,932 25 65 10 25 60 100 50 "16" 25 135 115 25 24 10 100 95 30 22 20 25 19 100 "lS '20" 26 10 50 100 100 10 100 100 25 100 50 1180 40 510 I 540 1 390 50 250 400 75 100 40 45 285* 100 20 25 15 100 4,000,000 100 10c Nomi nal. Boston— First National Bank. 44,500,000 30,860,281 550,939,757 National Banks State Institutions KENTUCKY Dec. 31. Dec. 31. Nomi nal. Per Covington— 60,000 200,000 500,000 650,000 200,000 ) ) ) a 42,757 416,991 319,791 355.734 210,622 1,153,429 2,837,091 4,609,060 4,045,022 1,742.645 share. 100 100 N 0 100 re cent 100 sa Les 100 Lexington— Bank of Commerce. Cttizens Bank 307,306 300,000 . 1.934,193 100 85 100 8c . ) Second Nat Bank- . Union Bank & Tr C Security Trust Oo_. > . 200,000 d 295,707 1,000,000 1,013,752 287,027 150,000 98,892 150,000 a 500.000 239,820 1,132,603 9,663,131 2,612,111 1,885,649 2,594,248 25 50 50 60 100 200 250 250 300 100 100 3.000,000 5,267,110 63,482,593 Merchants' Nat Bk. 21,078,311 1,500.000 3,756.001 Nat Rock Bk of Bos Nat Shawmut Bank- 20.000.000 11,910.666 158,082,661 51,686,974 2,000,000 4,212,538 Second Nat Bank— 9,387,352 366,354 1,000,000 Web 8c Atlas N Bk__ 380,642 c 1,251,724 750,000 Banc Com Ital Tr Oo 22,002,030 2.000.000 3,850,501 Boston S Dep 8c Tr_. 379,636 c 2,014,074 100.000 Columbia Trust Co.. 399,505 7,882,785 2.500,000 Day Trust Oo 2,236,665 155,161 500,000 Harris Forbes Tr Co. 1,000,000 2,869,980 26,057,662 New Eng Trust Oo_. 5,756,895 5,224,760 Old Colony Trust Oo «5,000,000 3,000,000 3,786,412 c56.383.062 State Street Tr Co.. 2,598,978 500.000 227,190 Union Trust Co 1.400.000 1,668,864 cl3,169,188 U S Trust Oo 141,571 c 2,354,396 100.000 Winthrop Trust Co__ Beverly— Beverly Nat Bank.. Beverly Trust Oo— » 200,000 - - - - - 1,000,000 2,000,000 1,000.000 1,000,000 300,000 <71,000,000 750,000 100,000 1,000,000 United States Tr Oo. 525,000 » Lincoln Bank & Tr. 10 1,422,737 32,680,562 1001 / 6,460,507 100 f 100 20,626,409 10 14,314,985 1,824,730 100 100 Q 3,645,027 8,922,307 100 1/471,981 100 175 79,056 701,982 10 7,356,778 1/746,785 100 229,226 1,428,401 73,342 1/2,081,132 yl ,914,894 yl ,567,670 1/2,032,332 1/143,124 1/1,464,286 - Stock Yards BankLouisville Trust Co. - - - 400 t Stock has to be offered to a June 30 1932. 26 M 285 54 25 20% 26-H 25 90 95 100 100 44 40 100 I t280"" 1 1 1 • 1 1 1 100 100 100 100 t400 e ion "195" 210 145 150 50 25 100 100 100 board of directors. succeeds the Canal Bank & Trust Co. of New Orleans, 54 Includes savings deposits. c d Sept. 30 1932. 200 265 Newport— Affiliate of First National t Bank of Boston. / Citizens Union Fidelity unified certificates. g Affiliated with the First National Bank of Louisville. h Member Northwest Baucorporation. x i Trust funds, 100,000 100.000 100,000 - . r 176,427 427,081 220,773 1,318,144 3,132,520 1,121,812 100 fc March 3 1933. 100 I Last sale. 100 Closed. n National Banks Dec. 31. LOUISIANA State change of its title to the Carrollton Institutions 1933 by the State Dec. 31. In process of reorganization, p Nomi nal. Baton Rouge Bank of Baton Rouge p 250,000 Louisiana Nat Bank. 300,000 p Per 150.000 504,010 249,073 286,430 4,421,578 3,058,303 2,993,787 100 100 25 Md., and a Bank of Baltimore approved on May 2 Bank Commissioner, Reorganization plan of the Mercantile Bank, Baltimore, 0 c 3,299,717 1,203,797 Reopened for business on May 22 1933 and La. b 300 100.000 334,103 61,708 share. 25H 275 50 Sale price. Louisville— Bank of Commerce 300,000 Per 20 100 20 share. r Operating s on a restricted basis. Hibernia Bank & Trust Co. of New Orleans, La., under title of the Hibernia on appointed for the institution. v Conservator x Ex-dividend. V National Bank March 31 1933. reopened for business May 22 1933. june, 1933.] banks and trust companies National Banks Dec. 31. Surplus A Profits. Capital. . 600*000 Brockton Nat Bank. Home Nat Bank 500,000 Gross Deposits. $ 433,985 562,756 Par. Bid. Surplus A Profits. Ask. Nomi nal. Per share. $ 7,543,390 6.907,909 Cambridge Trust Oo 100,000 74,965 600,000 497,083 Duluth Nat Bank... 200,000 76,146 First & Amer Nat Bk <3.000,000 <1,203,637 Minnesota Nat Bank of Duluth 600,000 151,103 Northern Nat Bank. 1,000,000 436,444 Pioneer Nat Bank.. 100,000 34,230 Western Nat Bank.. 150,000 40,250 N o cent ■a les re East Cambridge Lechmere Nat Bank. 100.000 174,949 400.000 1.200.000 300.000 156,922 870,940 179,000 2,112,637 100 5,124,865 7,777,463 2,614,818 100 100 85 5,142,235 100 200 Fall River— Fall River Nat Bank Durfee Trust Oo, Fall River Trust C 100 500.000 t Gloucester— Oape Ann Nat Bank. 274,580 150,149 234,822 150.000 120,000 200.000 Glouc Nat Bk of Glou Glouces SDTrOo. 768,958 c 2,759,806 1,166,634 4,080,237 Blooming'n-Lake NB b 200,000 Central Nat Bank.. i 100,000 Fifth No'west'n N B < 100,000 First Nat Bk&Tr Co 6.000,000 Marquette Nat Bank 200,000 Midland NatBk A Tr <1.000,000 Minnehaha Nat Bk b 100,000 Northwest'n Nat Bk <5,000,000 100 10 20 Produce State Bank. 2d Northwest State. Third N'west'n N Bk 4th Northwest Nat'l. 25 Haverhill— Essex National Bank First National Bank. 100.000 200,000 200.000 2,425,576 2,054,368 3,720,294 240.000 Haverhill Nat Bank. Haverhill Trust Co. Merrimack Nat Bank 136,071 76,324 847,196 177,391 1,310,316 100 100 100 N o re cent sa 400.000 100.000 t 750.000 190,744 217,514 320.901 7,311,640 2,503,263 10,950,885 Bay State Nat Bank- k Merchants' Trust Oo k 600.000 300.000 201,088 475,224 7,470,161 4,992,746 100 100 Lowell— Appleton Nat. Bank Union Old Lowell Park National Bank. 300.000 187,454 2.960,263 100 les 596,970 10,594,244 60 30 218,485 395,658 143,730 524,435 636,727 912,080 3,357,424 3,052,141 100 100 3,272,780 2,719,156 3,548,180 8,180,581 New BedfordFirst National Bank. Merchants' Nat Bk. Bafe Deposit Nat Bk 500,000 1.500,000 500.000 333,778 1,559,391 358,798 7,680,175 6,027,038 4,366,638 100 100 100 21,206,121 < 25 N o re cent 3,172,644 6,281,179 100 les sa 100 100 100 680,557 567,945 72,632 5,422,160 1,604,299 1,346,625 730,886 84,016,224 58,447 1,468,845 252,038 30,582 2,281,576 33,757 47,968 39,203 151,195 J 111,208 1,609,465 11,465,053 1,202,407 78,780,162 1,017,589 940,841 999,229 2,360,093 2,111,683 14,008,480 66,357 25,936 ft... <—. <—6— 100 < 6— 8H 11 i <_.< /i—. <___ 191,716 68,991 4,060,472 plOO 1,140,055 100 No re cent sa les 563,874 15,182,549 100 437,596 3,182,452 100 27,563 1,424,358 5,549,745 90,439,422 ploo 58,642 1,823,037 176,251 4,498,421 86,569 3,272,012 <_.. 20,000 1,118,162 133,603 g 1,646,704 100 Lynn S Dep & Tr Oo Security Trust Oo___ 200,000 200.000 300.000 250,000 100,000 200.000 First Trust Oo 75 1.000.000 200,000 50,000 St. PaulAmerican Nat Bank. 500.000 Oommercial State Bk 50,000 Drov ExchState Bank 0 100,000 First National Bank. p6.000,000 First State Bank p 100,000 EmpireNatBkATrCo < 350.000 Stock Yards Nat Bk. < 350,000 Twin Cities Nat Bk. 100.000 re cent sa 100,000 60,000 200,000 First National Bank. Union Nat Bank.. LawrenceNo Ask. Rochester— les 100 100 100 Hadley Falls Tr Oo__ b I < < 100,000 Marquette Trust Oo. 200,000 Minn Loan A Tr Oo. <1.000.000 Holyoke— Holyoke Nat Bank.. Bid. Minneapolis— 100 105 Fitchburg— Safety Fund Nat Bk. 387,476 4,227,088 1,505,935 City National Bank- 100 20 Par. Nomi nal. Per share. Bank of Oomm A Sav 100 150,000 t 625.164 c 4.917,079 1.000.000 1,533,284 cl6.186.861 Gross Deposits. Duluth— 100 Cambridge— Harvard Trust Co__. State Institutions Dec. 31. minnesota Capital. Brookton— 105 National Bank. ... Lynn— Central Nat Bank Manufac'rs Nat Bk. National Olty Bank. Essex Trust Oo National Banks Dec. 31. State mississippi 187 If 390 100 20 76 Jackson Capital Nat Bank 100 20 48 Jackson-State 100 245,171 36,100 51,262 177,492 881,882 2,165,729 893,915 1,852,512 4,164,086 5,608,839 100 150,000 400,000 100,000 157,065 145,047 60,105 2,207,761 2,647,962 1,531,774 100 100 500,000 300,000 N Bk. Merch Bank A Tr Oo 11 Nomi nal Per share. 300,000 100,000 100,000 300.000 750.000 Citizens Sav Bk A Tr Depos Gu Bk & TrOo 25 Institutions Dec. 31. U2X 268,721 290,786 4,655,488 4,001,351 25 100 100 100 15 12H Meridian- Peabody— Warren Nat Bank... 200.000 114,650 1,677,632 100 145,306 404,977 3,100,360 5,256,134 50 10 1,000,000 <1,263,784 1,500,000 <2,349,074 350,000 18,245 1,000.000 1,456,015 1.000,000 1,716,354 160.000 64,918 12,807,000 26,972.255 N Salem— Merchants Nat Bank Naumkeag Trust Oo. o n Citizens Nat Bank.. First National Bank. Mer A Farmers Bank Nat Bk_. Third N Bk A Tr Oo West Mass Bk & Tr. A Tr. Union Trust Oo West Springfield Tr. Springfield S D sa First Nat A Tr Oo... Merch NatBkATr Oo 50 20 100 10 150 100 2,135,759 12,135,683 13,638,506 1,391,528 National Banks Dec. 31. 100 25 "50" 25 60 60 50 State Institutions Dec. 31. MISSOURI 25 r 200,000 300.000 277,618 429,394 1,805,222 3,796,010 No 100 100 re cent s'a les Worcester— Baltimore Bank Olty Bank a Tr Go__ Columbia Nat Bank. 100,000 300.000 500,000 Community State Bk Mechanics' Nat Bk.. 500.000 Worcester Oo Nat Bk si .888,150 WorcesterBkATr Oo *3.800.000 Skandia Bk & Tr Oo 200.000 940,643 1,598,64-1 1,019,308 111,648 11,603,287 21,603,572 20,36-1,455 1,626,486 100.000 600.000 200,000 Fidelity Nat Bk a Tr *4.000,000 Fidelity Savs Tr Oo. t 500,000 Drovers' Nat Bank_. East Side Bk of Com 100 l 20 10 First National BankInter-State Nat Bank 2.000,000 500.000 100,000 200,000 200,000 100,000 50,000 200,000 100,000 Linwood State Bank. Merchants Bank Merc Home b a Tr_ Missouri Sav Bk a Tr Park National Bank- National Banks Dec. 31. michigan Plaza Bank of Comm Produce Exch Bank. Traders' Gate Oity State Institutions Dec. 31. Nat'l Bank 400,000 100,000 300,000 100,000 100,000 100,000 6.000.000 Southeast State Bk__ Stock Yards Nat Bk. Bay City— Bay City Bank _ People's Commercial \ & Savings Bank 300,000 400.000 500.000 Nomi nal. Per share. 12,271 142,314 2,165,643 3,879,098 1,026,990 9,040.266 100 100 100 Detroit— _ Detroit Savings Bank First National Bk.w Guard Nat Bk ofCom Highland Pk StateBk Nat Bank of Detroit United Savings Bank Bankers Trust Oo Equitable Trust Co . Detroit Trust Oo Highland Park Trust Un Guardian Tr Oo. Burnes Nat Bank First National Bank. First Trust Oo 1,000.000 dl,127,315 12,261,471 100 1,500.000 V2,640,484 46,053.044 25,000,000 26,758,612 423,357,897 / uiooooooo 7,672,073 138,385,923 * 1.000,000 1,908,304 21,756,923 100 25,000.000 10 1,000.000 20 "960",537 11,633", 955 1,000,000 856,370 g 392,483 100 1,000,000 466,802 1,988,263 /3,000.000 4,273,008 <738,140,944 s 500,000 264,990 1,164,698 *5,000,000 2,382,059 931,438,601 Flint— Olt Com A Save Bk. 500,000 First Nat Bk A Tr Co a 400,000 Gen68866 Oo Savs Bk al ,000,000 Un Ind Tr & Savs Bk 2.000.000 677,701 506,370 849,105 1,061,840 4,805,590 6,927,259 9,469,720 13,882,548 850,000 433,584 3,861,862 15,355,241 St Jos Stock Yds Bk. Tootle-Lacy Nat Bk. Empire Trust Oo Missouri Vail Tr Oo. Amer Home Sec Bk Grand Rapids Tr Oo. Union Bank of Mich. Michigan Trust Oo— * a c 2,000,000 750,000 500,000 1.200.000 1,489,577 705,115 275,283 556,290 - of f 702,032 1,229,275 1,026.914 20 Bank of Saginaw Olo sed. ..... "3" 12 16 10,179,872 3,733,900 TrOo........... f1,250,000 1,955,699 11,863,720 «... Nat Bank A 20 4,755.412 mm 115,645 2,805,838 6,988,941 669,187 2,701,704 1,045,262 534,492 615,636 85,643,354 302.227 170,038 383,198 121,890 172,327 202,474 130,429 102,689 2,803,507 4,627,891 2,732,911 2,219,664 5,295,704 1,719,931 879,993 . 6,571,455 310 140 70 125 200 mm mmmmrn. mmm mm mmmmrn mm mm mm mm 350 180 100 ~rnmm,mm 210 mm mmmmrnrnm 100 100 100 125 100 110 100 125 mmmmrn 100 925,989 1,990,165 119,148 mm 100 3,294,641 715,415 112,788 47,168 mi mmmmrnmrn mm mm, mm m mm 100 75 50 100 170 100 100 100 80 150 180 100 80 90 160 180 190 100 100 90 70 190 140 100 «.»•*« 100 100 1180 100 j *--- 100 100 ... 175 200 100 Includes savings deposits. on On a petition May 10 1933 ordered the Trust deposits Trust Co., both of Lawrence, Mass., contemplate reopening for business under the charter former, about July 1 1933. 1 Last sale. n o r 15 20 s March 14 1933. American National Bank of St. Paul affiliate. Member of the First Bank Stock Corp. In process of liquidation. Member of the Guardian Detroit Union Group, Inc., Detroit. 1933. appointed by Comptroller of the Currency. u No re cent sa les Receiver x 100 Second 6,449,693 j 74,138,687 100 5,480,958 100 100 668,714 100 1,904,548 32.317 40,696 260,167 155,150 mm mmmmrn Sale price, t No par. Conservator appointed. t March 31 679,054 478,676 80 60 160 55 50 100 of the v 50 1,250,000 500.000 100 36,420,884 1100 h See Marquette National Bank. < Member of Northwest Bancorporation. k Bay State National Bank and the Merchants' ..... 30 1,181,311 513,165 3,524,432 993,592 31,845 137,337 200,002 200,000 9,770 40 110 40 30 1932. Affiliated with the Worcester Bank a Trust Co. /Member of the Detroit Bankers Co., Detroit, Mich. 0 •— 24,952",070 r 939,242 the directors, Judge Theodore j. Richter dissolution of the Detroit Bankers Co. "20 20 36,804 100 100 100 100 100 d Sept. 20 *— * 200,000 200,000 500,000 100,000 350,000 200,000 200,000 100.000 n352,414 904,436 9,346,119 3.245,016 478,142 4,915,770 e Saginaw— People's Am State Bk Norn inal Per share. 39,863 894,457 52,750 37,342 b First National Group. Grand Rapids— Grand Rap Nat Bank *1,000,000 338,598 Grand Rap Sav Bank *1.000.000 al,087,619 Old Kent Bank Weztport Ave BankWest Side Bk of Oom Union Av Bk of Oom Commerce Trust Oo. St. Joseph— American Nat Bank. Gom'wealth-Com'l State Bank.. cent les Vickaburg— les Kansas City— Taunton— Machinists' Nat Bk. Bristol County Tip Natl Bk of Bay City o re sa re cent 200,000 250.000 Springfield— 8prfngfield pi .000,000 40 Ex-dividend y April 4 1933. Reopened for business on May 25 1933 without restrictions. process of reorganization. z j In National Banks Capital. Dec. 31. Gross Surplus A Profits. Deposits. Nomi rial, Baden Bank Boatmen's Nat Bank Bremen Bk & Tr Go_ Cass Bk & Tr Oo—1 Cherokee Nat Bank. First National Bank. Grand Nat'l Bk Jefferson Bk & Tr Co Jeff-Gravols Bank.. Lemay Ferry Bank.. Manchester Bank— SecNB S&TrCo.. South'n Com & Sav. Telegraphers Nat Bk Tower Gr Bk & TrCo United Bk & Tr Co.. 2,100,000 23,357,576 100 100 4,801.017 516,794 4,395,407 422,672 n 1,174,860 65,018 7,127,427 168,369,232 c 153,325 2,149,758 151,757 2,377,078 130,170 3,252,618 24,000 249,837 "3,821',257 374,887 10,346,590 350.000 182,487 2,514,241 200,000 209,620 4,748,983 500,000 675,641 7,983,513 500,000 587,038 7.002,144 1,000.000 90,983 1,309,135 200,000 112,853 1,231,703 200,000 317,358 2,510,100 200,000 138,927 1,874,846 300,000 400,000 300,000 17*200,000 12,000,000 700,000 200,000 500,000 fclOO.OOO 500,000 Chippewa Trust Co. E as ton-Taylor Tr Oo Guaranty-Plaza Tr.. Llndell Trust Oo MercantlleOommerce Bk & Tr Oo Asbury Park— AsburyPkNatBk&Tr Asbury Park & Ocean 60 50 100 20 14 12 100 100 100 Bayonne Trust 100 100 100 100 8,209,164 7,564,356 100 1.481.301 4,106,024 1,314,588 100 100 153,564 529,436 400,000 500,000 Oo.. 512.671 100,000 200,000 200,000 159.465 387.058 r 50 50 60 153,571 1,314,312 1,004,344 8,230,919 100 175 100 200 100 140 23,656,333 28,427,269 25 100,000 1.050.000 218,600 1,091,841 1,268.141 4,405,066 20 101,252 r737,278 1.902,417 1,596,974 8,293,065 18,696,465 100 150 100 25 350 16 500,000 700,000 500,000 620,000 750.000 258,032 598,964 235,683 201,779 958,119 4,611,734 12,818,645 3,541,723 4,561.575 9,548,926 100 625,000 100,000 800,000 910,586 70,282 400,000 10,735,020 1,011.933 100 3.500,000 100 500,000 1,600,000 400,000 1,250,000 3,400,000 2,213,042 23,558.400 3,620,089 24,662,160 52,589,991 24,862,424 576,658 64,071,896 1,658,779 100 150,000 5,700,000 400.000 115,000 1,295,288 139,752 1,255,810 4,123,057 2,706,140 161,990 5,308,876 216,388 200.000 r250,703 2,339,046 100 200,000 250,000 200,000 Morristown Trust Oo 1.000.000 344,810 254,217 221,139 248,909 5,620,719 6,179,996 1,478,884 8,250,222 100 National Iron BankAmerican Trust Oo.. 100,000 200,000 200.000 18,955 419,277 159,050 314,126 25 1,884,374 1,019.603 50 100 100 100 150 120 275 988.183 2,895,854 4.390.581 200 175 100 East Orange- Elizabeth— Elizabethport BkgOo National State Bank Central Home Tr Oo Elizabeth Trust Oo.. Union County Tr Oo Bank. Columbia Trust Oo.. Jefferson Trust Co.. Jersey City— Journal Sq Nat Bank First National BankFranklin Nat Bank.. Hudson Oo N B_— Commercial Tr N J__ N J Title Guar & Tr. North Bergen Tr CoTrust Oo of N J West Bergen Tr Co.. 2,035,000 Long Branch— Long Branch Bkg Oo MONTANA Dec. 31. share. Per 100 3,409,739 1,141,584 1,559,944 146,304 93,890 111,417 200,000 150.000 100,000 Midland Nat Bank.. Sec Tr & Savs Bank. 100 Bank. Mt. Holly— 100 Mt Holly Nat Bank. J Unlon Nat Bk&TrOo Butte— First National Bank. Miners S Bk & Tr Oo Metals Bk & Tr Oo. 0 806,514 64,226 684,966 300,000 200,000 600.000 N o 11,275,056 100 803,452 11.053,713 100 re cent <7— sa les Farmers' Trust Oo__ Newark— Helena— 70 150 125 25 30 518,617 166,901 300,000 250.000 NEBRASKA 7,259,031 3,138,198 Q— Institutions State e NatJBk of Oommerce Omaha— First National Bank. 228,345 303,049 239,275 200,000 850,000 300,000 Packers Nat Bank.. Stock Yards Nat Bk. 750.000 State Bank.. U S National Bank.. 342,624 169,124 .,225,971 24,166 374,092 27,379 821,044 ,250,000 450,000 ,250,000 200,000 200,000 .100,000 Live Stock Nat Bank Omaha Nat Bank Union National Banks Dec. 31. NEVADA Dec. 31. 100 75 100 4,706,610 100 150 200 19,500,428 4,240,242 24,603,204 1,770,474 5,837,381 550,277 18,305,630 100 100 100 N o 100 re cent sa les 'lOO First Nat Bk in Reno United Nevada Bank n 48 53 25 16 19 26 if "14" 100 155 Dec. 31. 5,439,833 933,649 1,949,553 100 N o 100 re sa les cent les 8 130,545 661,084 100 175 2,061,887 1,141,987 43,965 31,481.291 11,070,169 100 145 100 400 321.550 25 815,214 204,207 4,787,340 25 915,088 29,497,470 25 15 20 26 33 37 25 37 42 25 38 43 25 30 3.000.000 500.000 100.000 700.000 400.000 c 4,056.250 6.666,675 2.500,000 Fidelity Union Tr Oo Merch & Newark Tr. So Side N B & Tr Oo. Union National Bk. United States Tr Oo West Side Trust Oo 300.000 375.000 600.000 1,075,000 75 4,011,698 9,432,553 149,214,507 2,932,777 16,741,791 1,135,096 210,945 2,460,130 189,063 1,932,206 906,223 5,013,541 1,502,137 New Brunswick 1,000,000 Nat Bank of N J 200,000 Peoples Nat Bank.. 300,000 New Brwnsw Tr Oo_. North & West Hu dson— 300.000 IstNat Bk of Un Oity 300.000 First N Bk, West NY Hamilton Nat Bank 150.000 of Weehawken Sale Sept. 30 560,017 310,097 373,139 11,415,675 3,611,721 5.928,242 100 81,532 223,666 4.792,625 4,272,590 100 37.342 1,270.234 100 100 100 100 N o re cent sa n les 100 100 943,496 100 2.000,000 1.000,000 1,600,175 1,015,385 24,910,886 12,946,276 25 25 Oo. of New Jersey, Jersey Oity. stock. 1932. d March 15 1933 e 20 35 price. 6 Includes security c "15 25 b 27 1,469,418 6,459,018 5,907,951 100 2,181,021 100 1,272.128 rtlOO 25 6.580.494 25 27,551,017 Affiliated with the Trust a 25 1,000.000 1,000.000 150.000 People's Bk & Tr Oo. 155 100 17,418 506,354 638,435 128,773 274,456 1,009,100 2,759,361 50,676 100.000 500.000 800,000 100.000 350,000 a Passaic— Passaic N Bk&Tr Oo * o 150,000 225,000 cent 100 N re sa 30 Woodcliff Trust Co.. share. 50 100 25 7 Bk & Gutt'b'g Bk & Tr Oo PkTr Oo Weehawken WeehawkenT&TitOo Huds Tr Oo Un Oity. State Institutions Per Riverside Bank 25 100 25 Liberty National Bk Guttenberg Merchants Trust Oo Oomw'lth Tr Un City Nomi nal. 90,771 88,240 126,713 70 14 25 Federal Trust Oo 5,135,241 10,548,535 Reno- 200,000 50,000 *400,000 19 15 .... 25 26 Oolumbus Trust Oo. Nomi nal. Per share. First National Bank 25 100 10,299.688 5.471,467 Mt Prospect Nat Bk. Nat Newark & Essex e Lincoln— Continental Nat'l Bk 7K 4 ■ 790,754 Olinton Trust Oo_. National Banks Dec. 31. mm + mm, 380,943 Banking Oo National State Bank Central Bk & Tr Oo. e mrnmmmm 600.000 Franklin Wash Tr Oo Tr Oo.... First Nat Bk & Tr Co mmrn 1,200.000 Lincoln Nat Bank Marzano State Union Bank & Tr Oo — 20 90 50 Morristown— First National Montana Nat Bank. •• State Institutions Nomi nal. Billings- 168 100 100 Hoboken— First National Dec. 31. 27 22 25 1,500,000 1,200,000 100 Nationa 1 Banks 1330 20 Merchantville Nat'l Bank & Trust CoWest Jersey Trust Oo 65 100,000 Union Nat Bank o o les 150,000 Ampere Bank & TrCo 500,000 Essex Oo Trust Co.}. Sav Inv & Trust Oo. n, 500.000 60 100 100 Southern Missouri Tr 28,998 N re cent sa Camden— 100 125,834 425,935 43,527 600,000 20 100 FirstQamNatB&T O Camden S D & Tr Oo 100 1.760,265 100,000 300,000 100,000 100 Bridgeton Nat Bank. Cumberland Nat Bk. Farm & Mer Nat Bk. 100 6,956,115 Citizens' Bank 3,710,978 Bridgeton— 100 100 100 Springfield— 202.726 Mechanics' Trust Oo 6,000,00G 200,000 200,000 500,000 Trust Oo 100 100 Bayonne— 2,325,994 67,674,715 1,123,716 WebsterGroves Tr.. 1,075,939 1,467,800 9,756,773 4,942,212 prf300.000 100 ■ share. Per $ 613,840 207,031 1,342,954 221.737 300,000 Grove Bank. 100 91,391 3,047,295 61,000 112,770 1,008,665 350.000 Ask. Bid. Par. 120,000 1,000.000 225,000 Guarantee Trust 100 6,095,784 101.829,739 10,000,000 Mercantile-Com¬ merce Nat'l BankMiss Val Trust Oo Mound City Tr Oo North St Louis Tr Oo Northwest'n Tr Co__ South Side Bank & Deposits. $ $ 400,000 Bankers Trust Oo— Oo. Equitable Trust Oo. 100 215,749 1,041,597 Gross Surplus A Profits Atlantic City— Boardwalk Nat Bank share. Per 200,000 2,600.000 Dec. 31. Nomi nal. I St. Louis- NEW JERSEY Capital. Ask. Bid. Par. State Institutions National Banks Dec. 31. Sidte Institutions MISSOURI Dec. 31. TRUST COMPANIES AND BANKS 106 . Member of Northwest Bancorporation Savings /Merger of the Trust Co. of Orange, Orange, N. J., with the of East Orange contemplated. Proposed basis of exchange is five shares of $25 preferred stock, to be issued by the Savings Investment & Trust Oo. for one share of the $100 par stock of the Trust Investment & Trust Co. Co. of Orange. Nomi nal. Per Manchester— c c 200,000 150.000 150,000 796,299 496,238 73,214 3,941,466 2,617,338 2,577.015 100.000 300,000 427.682 581,210 449.903 4,169,266 4,587,593 6,283.645 share. 100 N o 100 re cent 100 sa les Et PortsmouthFirst National E New Hamp Nat Bk. 300,000 250.000 100.000 130,740 141,464 3,250,192 1,158,800 filed in the District Court n 100 , .... 23 1933. June 30 1932. o On May 1 1933, the Asbury Park Park, N. J., opened for business on an 100 100 . Reopened for busines on May ILast sale, 100 100 asked by a group of depositors in a complaint on March 27 1933. This bank was closed on Appointment of a receiver k i appointed as receiver National Bank of St. Louis, Mo. Nov. 1 1932. Nashua— h On April 22 1933 a 1 Corp. National bank examiner was Member First Bank Stock 0 for the Cherokee o cent sa tes p r Conservator appointed, March 31 1933. t New stock. x Ex-dividend, & Ocean Grove Bank of Asbury unrestricted basis. June, 1933.] banks National Bank Surplus & Profits. Capital. Par. Mid-Olty Trust Oo__ Plainfield Trust Oo_. 100,000 650,000 234,786 106,816 145,368 560,715 State Trust Oo 150,000 176.315 175,000 National Banks Dec. 31. Bid. 4,219,376 1,249,330 679,353 24,663,968 3,141,552 100,000 680,000 50,000 Security Trust Co... 100.000 172,923 801,647 31,399 145,351 r 614,100 1,297,168 250,000 2,605,118 g 119,146 23,993 825,000 471,301 803,608 43,178 29,387 10 U 8 Trust Oo 600,000 1,831,110 First National Bank. Haledon Nat BankLabor Nat Bank 300,000 Patera on Nat Bank.. 1,200,000 Second Nat Bank— 750,000 Nat Bank of Amer.. k 500,000 Paterson Sav Inst— 1,000,000 100.000 Prospect Park Nat Bk Westslde Nat Bank. £75,000 Oltlxens' Trust Oo— 600,000 Franklln Trust Oo__ Hamilton Trust Co.. Merchants Trust Oo. 600,000 750,000 100,000 25 N re cent Anglo-South Am Tr. sa les Bk of Athens Tr Oo. o 100 Banca Com It Tr Oo Banco dl Nap Tr Oo. 25 Bank of N Y & Tr Oo Bankers Trust Oo Bank of Sicily TrOo. 100 275 100 100 100 130 27,616,317 2,035.117 253.364 9,276,824 2.422,108 7,870,399 431,124 290,959 100 14,959,052 Bronx County Tr Oo Oent Han Bk & Tr Oo 130" Chemical Bk & Tr Oo 200 Olty 25 140 50 135 Ollnton Trust Oo— Colonial Trust Oo_. Oontinental Bk&TOo 50 100 250,000 2.000,000 300,000 1,000.000 1,400,000 Trenton Trust Go— 1,316,525 4,067,241 310,107 1,505.809 1,846,779 10.978,864 33,458.658 2,251,274 14.144,876 22,437,572 "75" 25 FederatlonBk&TrCo. Fulton Trust Oo 275 Fiduciary Trust Co.. Guaranty Trust Co.. 100 350 375 Hellenic BkTr Oo... 50 80 90 50 lid" 125" 50 Irving Trust Oo—r J Henry Schroder Tr Lawyers' Trust Co__ 70 80 100 Manufacturers' Tr._ Marine Midland Tr. Mercan Bk & Tr Co. New York Trust Oo_ Title Guar & Tr Co- & Mechanics' National Bank—. First Nat Bk & Tr Co 100,000 200,000 Woodbury Trust Oo. 100.000 464,585 485,231 423.581 2.064,183 2,057,076 1,212,155 10 N Par. o % Dec. 31 '32 732,400 1,000,000 2,779,000 527,400 500,000 3,740,600 2,000,000 2,016,469 11,044,806 700,000 1.000,000 4,412,083 413,577 1,800,000 6,121,550 6,000,000 9,219,826 104,970,279 25,000,000 77,136,109 621,867,431 520.668 1,550,000 13,608,888 21,000.000 r64.023,679 553,218.681 21,000,000 45,412,502 324,457,852 50 re cent Trust Oo of Nor Am. 10 sa les 11,797,536 529,053 612,589 10,000.000 500,000 3,000.000 4,000,000 15,000,000 500.000 2.000,000 6.000.000 825,000 2,000.000 1,000,000 90,000,000 1,000,000 50.000,000 700,000 3.000,000 32,935,000 10.000,000 900,000 12,500,000 10,000,000 500,000 1,000,000 2.000.000 Corporation Trust Oo County Trust Oo Empire Trust Oo 30" 20 100 Qross Deposits. Bid. Underwriters Tr Oo. U S Trust Oo of N Y r5,756,315 Atik. Nomi nal. Per share. 100 100 100 142 100 ""io" 20 12 345 355 61 % 63 % 100 10 20 9% 20 12% 128 37 10 Farmers' Corn Ex Bk & Tr Oo 100 100 100 Woodbury— Farm Bank Trust Oo Trenton— Broad St Nat Bank. First-Mech Nat Bk H'nover CapitalTrCo Trenton Banking Oo State Institutions Dec. 31. N. Y. City (Concl.) Trust co. returns da te 100 100 1.126,504 10,017,910 814,048 3,465,198 11,353,936 15,113,013 2.256,419 Surplus A Profits. Capital. Paterson— Broadway Bk & T Oo 107 NEW YORK Ask. Nomi nal. Per share. $ 220,000 companies Gross Deposits. Plainfield— First National Bk Plainfield Nat Bank. trust Slate Institutions Dec. 31. NEW JERSEY Dec. 31. and 50,752,702 2,183,018 50 30 100 3934 20 8,954.718 28,768,003 132 % 11 37 15 10 26,301,138 214,950,107 20 112.700 57,500 100 2,706,585 20.293,982 25 3,188,563 58,898,277 20 675,000 8,477,480 10 3,003,049 16,250,168 100 .1,130,516 8,835,374 rl81.299.854 952,543,091 "loo 508,547 3,336,843 100 62,764,862 390,832,015 10 628,848 4,386,122 100 2.116.612 13,572,824 ion r20.297.483 317,921,507 20 5,546,186 61,865,031 < 20 235,700 4,221,800 r22,104,005 239,307,520 ""25 20,467,093 37,405,223 20 275,939 3,460,836 100 1,044,662 6,516,733 20 27.050,746 68,592,559 73,500 2,384,200 1,000,000 1,310,420 Lincoln-Allia Bk&Tr 2,000,000 2,787,736 Central Trust Co 878,920 600.000 Genesee Vail Tr Co.. 1,000,000 2,211,041 Roch Trust & S D Oo 1,000,000 3,250,000 Security Trust Oo 1,692,670 300,000 Union Trust Oo <5.000,000 r4,021,205 7,860,623 53,673,363 17,137,498 17,551,246 IF "27k 230" 260"" 295 300*" 22 "I§k 21% 16% 18% 88% 91% 26% 24 M "35" *45" 25 41,173,702 37.473,567 17% 60 100 100 1475 1525 Jamaica, L. J.— Jamaica Nat Bank— National Banks NEW YORK Dec. 31. e N Y State Nat Bank First Trust Oo 200,000 250,000 1.500,000 205,179 1.199,714 5,039,606 2,298,317 2,487.159 2.000,000 1.000,000 First Nat Bk & Tr Oo Dec. 31. Nomi inal Per share Albany— Central Bank. Mech & Farmers Bk Nat Oom Bk & Tr Oo 2,250,319 3,168,230 47,430,993 44,137,578 28.420,508 100 100 100 100 O300.000 450 310 130 25 20 20 20 39,022,071 Schenectady- 100 Union National Bank Oitizens Trust Oo 150 322,292 448,237 1,248,311 9,248.312 5,848,962 14,709,620 928,397 930,632 225,255 3,978,017 1,651,513 8,551,316 6,563,364 4,599,909 53,284,381 28,159,470 <1,500,000 600,000 300,000 200.000 1,629,935 702,953 396,811 177,594 22,438,642 7,936,099 5,627,208 3,574,864 100 2,000,000 600,000 5,747,930 770,372 39,024,310 6,917.386 5 8 10 20 30 31 500,000 300,000 500.000 225,632 142,216 5,275.115 3,122,298 8,965,679 100 767,638 851,705 1.129.044 10,350.247 15,898,798 100 20 300,000 300,000 750.000 Schenectady Tr Oo„ Auburn— Auburn-Cayuga 100 Rochester— State Institutions r 1,200,000 750.000 800,000 5,400,000 2,500.000 r 100 100 250 100 300 20 19 14 Bank & Trust Co. Auburn Trust Oo 400,000 485,916 407,292 250,000 6.545,543 5.635,796 Syracuse— 100 N 100 o First National Bank. Marine Midld Tr Co. i 200,000 600,000 750.000 787,710 652,000 616.554 7,552,541 8,439,088 7,074,336 re Lincoln Nat Bk & Tr Merch Nat Bk & Tr. Salt Springs Nat Bk cent sa Binghamton— Olty National Bank- les 100 ^100 200,000 200,000 300,000 500,000 500,000 1.450,000 1,000,000 500,000 Fort Greene Nat Bk. Klngsboro Nat Bank Lafayette Nat Bank. Nat Exch Bk& Tr Oo People's Nat Bank.. Brooklyn Trust Co.. 28,785 140,904 50,500 33,500 388,856 58,390 pi ,207,073 178,735 8,200,000 r5,354,458 500.000 6,665.136 Kings Co Trust Co.. 849,975 1,502,679 100 1,480.700 475,200 100 1,795,852 2,728,763 2,037,106 5,070,703 97,794,645 29.401,971 100 Manufactur Nat Bk. National Oity Bank. Union Nat Bank Troy Trust Co 25 ... 34 100 95 First Citizens Bk & T 25" "40" Oneida Nat Bk & Tr. 50 6 9 14% 510 86 100 116 100 1900 Lincoln Nat Bank Mfrs & Traders Tr Marine Trust Oo 123 2000 Aft. Vernon—1st N__ 500,000 Mt Vernon Tr Oo. si,500,000 New Rochelle— 12 16 25 50 Ithaca— First National Bank. Tompkins Co Nat Bk Ithaca Trust Co.... 800,000 1.237.500 2,055,193 893,770 9,097,593 9,894,458 378,426 287,266 r 437,631 3,636,026 2,228,938 6.572.841 Nat Ohautauq Oo Bk Union Trust Oo i 300,000 252,198 500,000 450,000 615,728 292,193 406,060 1,238,062 1,928,121 9,579,090 4,117,799 10,717,393 250,000 200,000 229,540 341,975 1,315,794 2,283,628 1,033,698 440,972 188,430 200.000 467,588 466,367 13,063,930 100,000 490,079 8,059,465 & Trust Oo Ossining Trust Oo. Westches Oo Nat. / Pleasantville— 100 1400 Mt Pleas 25 Port 25 FIrstNBkofRondout _ Ulster County Bank & Trust Oo. Rondout Nat Bank. State of N Y Nat Bk Kingston Trust Co.. B&TrOo Chester—1st 375 200,000 150,000 150,000 250.000 690,977 25 105,135 135,764 3,012,073 1,426,557 3,160,732 7.223,981 70 100 Amalg Bank of N Y_ 650,000 7,900 4,388,100 100 Bk of the ManhatCo. 20,000,000 36.889,182 278,503.000 20 23 % Bank of Yorktown.. 1,500,000 154,223 3.616,165 100 Ohase National Bk. nl48.000.000 127067730 1257.316, 20 ~25% Oomrn'l Nat Bk & Tr 7,000,000 8,653,041 45,920,000 100 144 Dunbar Nat Bank.. 500,000 240,873 : 1,256,649 25 Fifth Avenue Bank.. 500,000 3.672,985 43,827,000 100 1220" First National Bank. fclO.OOO.OOO 72,579,841 411,172,000 100 1375 Grace Nat Bk of N.Y 1.500,000 1.120.661 cl7.198.668 100 Harbor State Bank.. 200,000 105,221 708,587 25 Harrlman N Bk & Tr 62.000.000 940,991 100 Merchants Bank 400.000 120,000 1,329:666 100 Nat Bk of Yorkvllle. 600.000 , 83,276 1,752.686 100 30 Nat Bronx Bank 1 525.000 182.613 c 4.853.926 50 25 National Olty Bk 124,000,000 81.454.097 989.770,000 20 30 Nat Safety Bk & Tr Oo 1.428,600 109.662 2,742,249 25 4% Penn Exchange Bank 826,000 114,516 1,177,334 25 Public Nat Bk&TrOo 8,250,000 4.406.662 68,152,000 25 27% Schroder Bkg Corp. 5,000,000 2.652.373 cl3,701.481 Sterling Nat B & T_. 1,500,000 1.017,360 clO.646,994 ""25 Trade Bank of N Y__ 660,000 208,402 2.797.192 100 2,626,149 5,205,718 3,096,282 3,030,884 1,995,547 545,458 121,505 1,816,884 6,401,170 1,385,684 8,341,599 100 75 25 100 3 6 250 350 100 ' " 20 27% 154 35 45 100 70 90 20 25 35 100 75 100 61*000.000 1,118,030 15,583.327 8,703,502 20 306,000 510,815 1,263,254 9,431.402 100 25 400,000 1001 • a Sale price. Sept. 30 1932. b Federal conservator c e 35 cent les 211,074 237,174 210,737 200,869 appointed, Dec. 31 1932. d Withdrawals against deposits or other credits limited 2 5% 0 re 210,429 Westches'r Tr Oo. d les temporarily. The Central Bank of Albany, New York on March 21 1933 taken over by the State Banking Department at the request of the bank's directors. f Coimsel for depositors announced that the Westchester Oounty National Bank & Trust Co. of Peekskill, N. Y., would be reopened for unrestricted banking business on May 20 1933. 1270" g 1425 h April 14 1933. 200 t March 15 1933. Controlled by Marine Midland Corp. k Closed temporarily. I Last sale. 40 30 32 6H 29m W u* m> 95 Yonkers Nat Bank & Trust Oo re cent sa New York City— Deposits N ew York Ci ty banks are repo rted ne t and are of June 3 1933. Sur plus and pr oHts are o' date Dec. 31 '32 for National and Dec. 31 19 32 for Stat e banks. A divi dend i ecord of banks and trust companies in New Yo rk City and Broo klyn m ay be found in our"Rai Iwav Secti on, pages 148. 149, 1 50,1 51. 20 500,000 Bank & Trust 100 mm mm 70 N 400,000 300,000 Peoples N B &T Co Oounty Trust Oo. Yonkers—First Natl 100 mm "6d" sa 250,000 200,000 Citizens Bank—— 100 100 mm 20 200,000 Tarrytown N B&TrOo White Plains— 100 60 50 20 500,000 300,000 Rye—Rye Nat Bk... No 375,924 720,339 prices 250 N_ Mutual Trust Oo. 20 150 — 50 20 25 5,486,788 100 6,772,929 25 3,297,609 <100 0 les 100 Ossining—1st Nat Bk Kingston— Nat'l 20 Huguenot Tr Oo._ Bk & Tr Oo 832,500 153,300 500.000 600,000 mm re cent sa Central Nat Bank. Nat Olty Bank Jamestown— Bank of Jamestown The First Nat Bank- N 50 9H 8% 100 a, — 200 Nom. r PcdcsJcill**""* 250,000 200,000 400,000 62% "65"" 120 180 25 New Rochelle Tr__ First Nat Bk&Tr Oo 100 25 25" "16" Elmira— Tr Oo if iF 25 Buffalo300.000 67,605 25 1,427,182 5,500,000 10,031,533 48,701,676 100 b 200,000 31,921 50 1,122,377 6.000,000 rl3,384,406 77,333,631 25 i 12.500.000 rl5,598,760 137.364.693 i 20 17 Watertown— Jefferson Oo Nat Bk Watertown Nat Bk. North'n N Y Tr Oo. Westchester Co— IV* 100 Bast Side Nat Bank. 6 Liberty Bank 21 20 Utica— "30" 100 25 25 20 Troy— st Co. retur ns date Dec. 31 1 932. Nat. banks Dec. 31 19 32. Bensonhurst Nat Bk Citizens Bk of Bklyn Flatbush Nat Bank- s First Trust & Dep Oo Syracuse Trust Co.. Brooklyn—State B ank A Tni Ohemung Can 200 Nat i- - _ On May 24 1933 the directors of the Chase National Bank authorized in surplus of the bank to $50,000,000 and directed certain charge-offs and additions to reserve accounts. n a reduction 0 Normal operation of the Jamaica Island, resumed on May 31 1933. p April 15.1933. r March 31 v New stock. s 1933. x National In process of reorganization, Ex-dividend. Bank, Jamaica. Long COMPANIES TBUST AND BANKS 108 National Banks Dec. 31. NORTH CAROLINA aiate£?Tm' Capital. Surplus A Profits. OKLAHOMA Gross Ask. Bid. Par. Deposits. Dec. 31. Gross Surplus A Profits. Capital. Institutions State Bid. Par. Deposits. Nomi, nal. $ Ashevillo— First Nat Bk 8c Tr Oo Charlotte— 500,000 Charlotte Nat Bank. 600.000 Commercial Nat Bk. 200,000 Mer 8c Farm N Bk.. / 300,000 Union Nat Bank 1,200,000 American Trust Co.. 635,954 667,481 504,733 654,541 1,148,512 884,364 Independ'ce Tr Co.. 1/1.000,000 share. Per S 110,786 300.000 V 100 2,484,456 100 60 105 125 100 100 100 100 Nat Bank. Cltiiens' Fidelity Bank Oklahoma Depositors Natl Bk. Home Savings Bank. 100 25 210,060 20 1,573,569 1,075,166 1/2,500,500 25 50,000 200.000 5,000.000 300,000 1,200,000 100,000 500,000 3,675,899 155,131 400.000 y o re WilmingtonPeople's Sav Bk 8c Tr 100,000 300.000 232,050 480,564 1,785,435 3,780,691 2.500,000 250,000 200,000 8,000,000 1,000,000 2"l0"283 400,000 100,000 276,202 59,197 6,996,194 1,145,626 100 25 Winston-Salem— Farmers N Bk 8c T Co Wachovia Bk &Tr._ 500,000 2.500.000 46,200 2,470.861 1,339,804 41,634,545 Exchange Trust Co. 100 100 100 20 150 25 185 40,677,111 4,267,987 12,236,114 555,817 9,567,542 756,663 51,961 109,000 _ cent les 100 100 125 90 100 125 33 inn 90 150 120 100 100 125 160 24,638,834 3,416.272 3,354,298 20 12 14 20 10 14 20 10 14 1,182,614 100 100 100 lea 25 Nat Bk of Wilson... cent sa o re 483,654 3,624,216 55,692 75,851 1,669,428 92,228 469,221 12,139 171,277 City— Nat Bank of Tulsa. N 100 100 1,401,170 3,474,183 5,091,292 43,113 307,160 212,085 Nat Bk of Oom'erce. Raleigh— Page Trust Co. 100 100,000 300.000 600,000 Fidelity Nat Bank.. Liberty Nat Bank Oklahoma Nat Bank. Tradesmen's Nat Bk Tulsa— First Nat Bk & Tr Oo Fourth Nat Bank 10 19,337,618 1,900,000 N First Nat Bk & Tr Oo Greensboro— No Oar Bk & Tr Oo 48,000 sa Capitol State Bank. City Nat'l Bk&Tr Oo 9,125,286 2,287,455 1,103,593 100 65,269 ,.,88,845 100.000 First Nat Bk & Tr Oo 500 528 107,082 1,143,743 100,000 95,384 . Muskogee—* Durham— 100,000 120,000 200,000 100.000 100,000 50.000 Cltliens National Bk Commercial Nat Bk. 255" 225" Guthrie— First National Bank. First State Bank... McAlester— First Nat Bk of McA 65 100 2,526,991 2,915,962 1,547,179 3,094,069 20,144,912 2,380,778 Ask. Nomi nal. Per share 100 Wilm Sav 8c Tr Co.. 10 Wilson— Branch Bkg 8c Tr Co 100 150 National Banks Nomi nal. 4.832,057 147,488 400.000 2,500,000 rl ,547,011 35,733,877 190,377 663,123 h 500,000 297,813 a 26,356 50,000 2,551,891 127,235 300,000 4,000,000 r3,142,407 ,64,211,689 100 15 25 100 70 82 28# 30 * Amer National Bk— State Institutions Dec. 31. First National Bank. Nomi nal. share. Per Fargo— Fargo National Bk.. First Nat Bk & Tr Oo Merch Nat Bk&TrCo Nor 8c Dakota Tr Co Security Sav 8c Tr Oo Live Stock State Bk. Portland Tr 8c Sav Bk United States .NBk. 222,170 68,961 200,000 150,000 100 20 100 1,909,104 719,978 100 5,816,690 <_— 2,426,914 d__. 100 662,312 131,558 88,039 202,569 67,487 129,074 150.000 50,000 <300,000 d250,000 150.000 Dakota Nat Bank— share. Per 2,827,982 1,179,723 100 100 National Bank First NORTH DAKOTA Dec. 31. Eugene— 100 United States N Bk. Portland— National Banks Dec. 31. State Institutions OREGON Dec. 31. N o re cent sa les State Institutions Movant, PENNSYLVANIA National Banks Dec. 31. Dec. 31. Nomi nal. Nomi nal. Per Akron— Commercial Bk 8c Tr 350,000 200,000 100,000 200,000 Dime Savings Bk Oo Standard Sav Bank. Firestone Pk Tr 8c SB First Central Tr Co. 1/7.420.525 322,452 270,249 32,882 410,565 2,841.274 Dec. 31. State Institutions OHIO 2,840,581 50 2,530,662 460,567 6,303,062 41,845.421 100 100 100 50 share. Allentown—:• Allentown Nat Bank Merchants Nat'l Second Nat Bk. Bank.. Lehigh Vail Trust Oo Nj o re cent sa les Per 1,000,000 1,000,000 450,000 500,000 1,806,606 2,480,126 1,340,860 1,203,843 9,497,804 6,782,967 4,639,617 6,920,320 150,000 250,000 249.300 448,103 560,808 312,050 5,166,989 2,337,774 823,358 100 10 125,000 300,000 300,000 391,232 1,517,043 605,032 100 500,000 523,880 1,225,612 816,884 23,309 1,566,778 8,533,357 6,623,142 8,554,226 7,706,767 8,583,429 662,091 304,611 245,900 947,185 300,000 z 861,508 400,000 937,800 1,398,677 400,000 rl ,065.391 400.000 zl,340,314 413,308 250,000 1,916.063 3,840,059 3,011.316 3,537,333 7,360,599 4,860,679 2,228,209 50 25 713,212 200,000 600,000 1,038,329 300,000 r 589,590 1,062,500 u2,645,748 466.000 200,000 7,634,869 8,939,902 5,224,418 13,467,319 3.000,000 share. 100 25 010 50 Altoona— First National Bank. Altoona Trust Oo Central Trust Oo I 300 50 100 III"j 300 Erie- Bank of Erie Tr Co.. Canton— Cent Sav B 8c T Oo. t First National Bank 200,000 500,000 1,776,745 9,702,399 116,344 1,458,418 100 First National Bank. 1400 100 Marine Nat Bank— Second Nat Bank... / Erie Trust Oo Secur-Peoples Tr Oo. Cincinnati— Atlas Nat Bank Cinn Bk 8c Tr Co... Columbia Bk & S Co First National Bank- 400,000 1,105,002 335,786 150,000 247,046 100,000 6,000,000 r5,115,794 6,568,989 2,642,903 100 100 1.558,146 10 Allison-East End Tr. 41,377,104 100 100 Harrlsburg Nat Bank Central Trust Oo— Commonwealth Tr Co 100 60 Dauphin Dep Tr Oo. Harrisburg Trust Co 100 10 Union Trust Go 100 100 10 Conestoga Nat Bk.. Fulton Nat Bank— 100 Farmers' Trust Co.. Northern Tr & S Oo. 100 Union Trust Co Harrlsbur g— Norwood-Hyde Park 1,250,000 4.000.000 1,299,566 3,792,012 4,535,920 6,500,401 2,015,216 4,488,238 29,579,906 9,436,625 4,812,373 11,570,321 57,869,149 5,000.000 5,866,604 70,694,919 300,000 Bk & Tr Oo Lincoln Nat Bank.. Northside Bk & Tr Co People's Bk & Sv Oo Prov S Bk & Tr Co. Second Nat Bank So Ohio S Bk & Tr Oo Western Bk & Tr Co Central Trust Co Fifth Third 500,000 300,000 204.200 314,905 1,237,040 239,293 150,000 277,143 V 200,000 1,800,000 r2,816,317 985,808 1,000.000 422,594 250,000 600.000 Lancaster— Lancaster Co Nat Bk Union Trust Oo r Philadelphia—De posits of N 100 100 100 50 ational ban ks dale Jan. 3.040,000 r6,430,752 r40,067,329 4,175,000 677,828 1,125,000 City National Bank. 9,041,000 1,212,854 Commercial Nat Bk. /2,000,000 Corn Exch Nat Bank r9,549.191 r56,792,882 4.550.000 8c Trust Co 982,022 107,441 s 600,000 Erie National Bank. k 3.111.000 r6,597,334 r59.379.866 First National Bank. 1,562,951 127,160 200,000 o Gimbel Bros Bk & Tr 451,480 96.740 300,000 Guardian Bk & Tr Oo 6,325,000 682,488 350,000 Kensington Nat Bk. 363,426 15,391 s Lehigh Nat Bank... / 200,000 1,000,000 r4,218,728 r23,985,138 Market St Nat Bk.. 400,000 1,628,112 s 9,592,465 NatBkofGer&TrOo 348,448 264,437 s 250,000 North Broad Nat'l Bk 973.945 56,237 s 200,000 Northeast Nat Bank 4.258,000 NorthwNatBk&TOo / 600.000 1,561,901 Central-Penn Nat Bk Cleveland— Amer Sav Bank Co.. Central United 100,000 351,922 3,484,391 100 550 Nat 5,000,000 r3,014,538 65,055,043 2,717,657 Clev Sav 8c Loan Co. 250,000 u 560,293 611,709 8,804,892 Lorain Str Sav 8c Tr. 500,000 National City Bank. 2,000,000 1,303,302 28,849,405 106,679 3,377,105 North Amer Tr Oo. 200,000 Cleveland Trust Co. 13,800,000 r9,641.631 225,644,791 Guardian Trust Co 7,000,000 J7,604,830 109,751,629 614,544 2,205,086 Union Sav & L Co.. 900,000 Union Trust Oo e\ 22.850.000 /14303 515 194,925,361 Bank ... f 20 13 11 100 100 100 150 100 10U 65" 60 100 100 25 r24959113 r227879 867 Philadelphia Nat Bk 14.000.000 Columbus— Brunson Bk & Tr Oo City Nat Bk & Tr Oo Columbus Saving Bk Fifth Ave Sav Bk Co Huntington Nat Bk Market Exch Bank.. Northern Sav Bk Oo Ohio National Bk 77,650 250,000 t 1,200,000 1,556,597 89,219 50,000 80,209 200,000 2,000,000 rl ,662,377 370,118 100,000 24,902 100,000 c4,000.000 r3.053,038 2,849,393 16,990,742 751,278 1,561,039 24,755,281 2,821,153 785,710 35,602,222 TruPt Co 18 70 170 100 100 250 300 100 I 70 20 20 160# 50 10 1130 116# 50 1933. 28 10 21 100 19 23 21 29# 30# 10 20 100 100 225" 235'" "50 60 42 48 10 100 10 10 50 220" 31 240 34 "12" "17 20 20 "50" "52 i::: 100 100 N ♦ o rel cent les sa 100 Sale price. t Central Savings Bank & Trust Co. of Canton, a license from the State to reopen. Ohio, has not as yet received 6 April 12 1933. Member of the c BancOhio Corp. Stock Corp. d Member First Bank 200,000 400,000 1,000.000 136.192 349,576 789,504 2,737,978 of e Merger of the Union Trust Co. and the Guardian Trust Co., both Cleveland, Ohio, contemplated, under title of the First National Bank abandoned, the above institutions failed to open for business after the National bank holiday. 100 7,210,660 19,213,152 100 100 6,490,895 7,915,609 50 / Conservator appointed. f Toledo— Commerce Guard Bk 500,000 First National Bank 500.000 West Toledo Nat Bk 8pitser-R T 8c S Bk 200,000 600.000 Citizens Trust Co- 175.0001 Toledo Trust Oo 15 60 25 20 10 Merchants' Winters N Bk 8c Tr 60 100 Dayton— Nat Bk 8c Trust Co. Third Nat Bank & 50 5.000.000 515,677 752,092 119,549 327,337 162,567 63,302,655 40 h Trust funds. New stock. i Member Northwest 100 808,887 2,392.579 1,855,135 100 N 100 15 sa 39,952,807 Bancorporation. April 7 and .May 5 issues of the "Bank & Quotation Record" we stated in error that a conservator had been appointed for the Erie National Bank of Philadelphia, Pa. There was, of course, never any basis for the statement, inasmuch as the bank is operating on a 100% basis and was licensed to reopen for the conduct of its usual banking business as of k In the 50 rel March 13 1933. Toungstown— Dollar Sav 8c Tr Co. Mahoning Nat Bank Mahoning Sav 8c Tr. Union Nat Bank y Tr 8c Sav Bk... 1,250,000 1,000,000 150,000 1,250,000 750,000 825,447 397,553 142,118 1,406,542 952,504 13,399,738 100 5,052,086 1100 2,320,513 15,957,579 100 25 5,699,642 15 65 I Last sale. 1933. o Feb. 28 r 175 25 March 31 x y 1933. s Dec. 31 1932. Ex-dividend. In process of t March reorganization 15 1933 t June301932. u Sept. 301932 June, 1933.] BANKS AND TRUST 109 COMPANIES RHODE ISLAND Surplus & Capital. Gross Profits. Deposits. Par, Philadelphia t Ask. (Concluded.) 65.000 / 209,802 1,066,178 500,000 1,648,898 k 8,374,393 327,502 300,000 4,237,000 273,280 300,000 1,568,000 90.370 k 1,030,091 300.000 30 50 16 10 100 100 25 14 Bank Sc Trust Oo_ 100 95 100 Wyoming Bk & Tr__ 50 8 15 i i Tioga Nat Bk Sc TrCJo Real Est Tr Oo Real Estate Land T Sc T Oo 8,400,000 U18429438 175,038,213 800,000 939,924 726,275 3,200,000 ul3559064 28,954.888 3,027,800 2,306,673 7,394,418 7,500,000 13,719,803 PittsburghAllegheny Val Bank. 100,000 100,000 268.728 Arsenal Bank Bk. of Amer. Tr. Oo. Braddock Nat Bank. Olty Dep Bk & Tr Oo Dollar Savings Bank Farmers Deposit Nat Fifth Avenue Bank.. First National Bank- Forbes National Bk. Fourteenth St Bank. Freehold Bank Homewood Bank at Par Bid. Ask. Newport— $ Per share. Aquldneck Nat Exch Bank Sc Sav Co Newport Nat BankNewport Trust Co 300.000 333,207 127,632 570,942 416,610 3,350,222 50 60 100 500,000 954,914 2,848,389 25 300,000 125,000 6,864,535 Providence— 3,300.000 u4,857.331 r25,130,100 200,000 144,394 1,067,951 Banca Oom It Tr Oo. 1,000,000 y 321,800 1,250,000 Broad Street Trust.. 1,000.000 441,421 1,436,279 Ohestnut Hill T & Tr 211.391 250,000 726,737 Fidelity Phila Tr Oo 6,700.000 U16264928 76.645,103 Finance Oo. 1st pref. [2,350,000 7.762,019 665,477 2d preferred Frankford Trust Oo. 500,000 1,643,726 6,432,515 Qermantown Tr Oo. 1,400,000 3,111,253 14,266,788 Qlrard Trust Oo 4.000,000 u9.910.686 79,698,172 Industrial Trust Oo. 882.250 3,888,628 9.532,976 2.087.920 u9,020,609 37.746,910 Integrity Trust Oo Kensington Security Bk <fc Trust Oo ol,300,000 2,183,347 8,207,797 Liberty Title Sc Tr Oo 1,000,000 1,608,834 5,582,240 Medla-69th St Tr Oo o 375,000 1,254,829 5.405,145 Mitten Men Sc Mg't Bk&Tr— 1.500,000 u 336,743 2,713,423 Ninth Bank Sc Tr Oo 1.375,000 2,323.465 15,808,524 North City Trust Oo o 500,000 309,448 636,588 Northern Trust Oo._ 500,000 3,320,328 9,197,870 Nor Phlla Trust Oo. 500,000 1,392,737 4.692,834 Penn Wh'g & S D Oo Provident Trust Gross Deposits. Nomi rial, Tradesmen'sNatlonal Penn Oo for Insur on Lives Sc Grant Ann Tr Sc Safe Dep Oo_ Surplus & Profits. Capital. Nomi nal. Per share. Roosevelt Bank... Second Nat Bank... Sixth Nat Bank Southwestern Nat Bk Bid. Dec. 31. 500.000 „ 391,374 79,499 1,101,360 1.000.000 ul ,806.755 6.000,000 100.000 6.000.000 300.000 200.000 200.000 4,474,833 tt8,367,516 124,747 u7.271.605 315,299 360,330 1.076.286 -- "50 10"" 60 15 25 100 100 300 160 315 180 10 10 20 23 10 10 10 W4 10 50 54 5 200,000 10 2.481.167 132,928 120,000 60 110 272,808 1.226.168 50 17 500.000 4,866,822 250,296 50 45 850,000 945,356 6,916,953 50 110 450,000 1.211,449 3,166,783 1,500,000 2.599.088 9,896,460 100 160 4,000,000 10,068,376 113,844,289 100 170 18 26 125,000 808,967 186,210 5,000,000 12,182,648 84,283,479 1000 2000 1.000,000 1,495,906 19,862,424 100 115 High St Bk & Tr Oo Mechanics' Nat Bk, NatBank of Oom&Tr Phenix Nat Bank Providence Nat Bank Industrial Trust Co_ Lincoln Trust Co Rhode I Hos Tr CoUnion Trust Co 23 49 180"" 20*" 2150 125 7H Woonsoeket— Woonsocket Trust Co 50 A 45 50 10 10 55 200,000 600,000 433,680 514,995 200,000 50,000 .500,000 750.000 38,880 624,731 181,839 390* 45 115 100 2,754,465 12 360" 316,686 20 10 50 100 50 100,000 55 10 27 100 100 100 300 70 31,245.915 2,697.606 1,091,044 319,663 9,425,162 14,031.671 45,540.099 55,421.116 1.385,665 64.236,601 4,697,590 3,105,475 601,955 50 50 50 10 100,000 53,702 775,928 Iron Sc Glass Dol Sav 172,700 529,972 3,304,320 Keystone Nat Bank. h 600.000 1,136.596 3.977,492 Mellon Nat Bank 7.500,000 U17672015 171,228,404 Nat Bank of America 200,000 339,612 4,086.416 Ohio Valley Bank 100.000 81,761 795,433 Union National Bank 2.000.000 u4.188.385 23.468,507 Union Savings Bank1.000.000 3,904,435 27,278,737 Western S Sc D Bank 250.000 735.638 2,528.219 700.000 1,144,641 Allegheny Trust Oo. 4,361,590 Oolonlal Trust Oo 2,600.000 u3.122.971 22,455.039 Oom'wealth Trust Oo 1.500,000 ul ,965.804 10,425,025 Dormont S Sc T Oo. 125.000 153,629 1,773,000 Farmers Deposit Tr. 1,320,000 1,050,462 33,153 2.000.000 u8.278.144 13,813.120 Fidelity Trust Oo Haslewood 8 Sc T Oo 165.400 550,615 1*968,370 Hill Top 8 Sc T Co.. 150.000 415,812 1,840,837 Manchester Savings Bank Sc Trust Oo. 250.000 476,335 1,712,498 Penn Trust Oo 500.000 598,893 2.804,520 People's Pittsburgh 6.000,000 U13400942 65,863,185 Potter Title Sc TrOoI ; 500.000 1,158,386 6,294,654 Provident Trust Oo. 150.000 208,763 693,942 South Hills Trust Oo 125.000 299.309 1,623,532 Union Trust Oo 1.500,000 U66651011 163,977,852 1.000.000 1,223 682 Washington Tr Oo 4,884,767 West End S B Sc Tr.. 574,915 3,255,995 125,000^ William Penn Tr Oo. 125.000 199,445 1,130,410 Worklngman's Savgs Bank Sc Trust Oo. 100,000 2,626,635 9,689,729 77 13 Blacks tone Can Nat. Columbus Exchange Trust Oo 50 100 60 78 9 100 15 250 150 25 290 Columbia— Central Union Bank- t Nat Loan Sc Exch Bk h 200 103 108' 175.739 655,000 2,371,643 flrlOO 2,779,501 0100 100 3,087,581 352,807 100 16,813,881 100 6,172,966 100 500.000 419,930 65,110 7,364,447 2.592,266 10 100 200,000 200,000 50.000 331,891 467,231 131,354 2,415,732 2,343,323 1,297.438 0 400.000 155,785 3,056,751 100 GreenvilleFirst National Bank. Peoples Nat Bank - Piedmont Sav Sc Tr. iUo 50 100 100 50 29 65 315 Nomi nal. Per share. CharlestonAtlantic National Bk 0 Citizens & Sou Bank 0 Carolina Sav BankMiners Sc Merch Bk_ South Oaro Nat Bank Cl So Carolina State Bk 100 10 201 17 185 14 Spartanburg— Central Nat Bank National Bank Dec. 31. 100 SOUTH DAK0TA*%MtoM Pittsburgh 100 75 100 100 100 100 100 100 100 50 100 100 100 50 100 25 130 140 70 National Batiks Dec. 31. 95 68 125.000 100,000 200,000 250.000 Security Nat'l B & Tr 75 90 Nomi nal. Per share Sioux Falls— Citizens Nat Bk & Tr Corn Exch Sav Bank First Nat'l Bk Sc Tr. 75 879,163 k hi,500,000 1,450,872 2.000.000 ul,101,983 CO 00 Nomi nal. Per ehare. 100 125 150 10. 100 "95"" 105"" 5,599,570 14,592,553 21,028,900 Knoxville— 203,125 500.000 107,644 281,486 26 20 1.000.000 al,125,579 enl.000,000 750,000 50.000 72,885 8 23,033,684 Ic 27 25 10 130 304,170 8,826,745 - 140 190 300 310 Memphis— First National Bank. . 4955"" 5155' 70 75 60 90 500 100 . 1,321",629 "iod 196 j 100 80 Bank Sc 3,500,000 700,000 4,129.316 1,476,511 21,535,337 5,036,737 3,169.464 1,000,000 563,691 300,000 422.425 £ 800.000 982,229 .6 800.000 pi .272,803 £ 600,000 182,017 37,188,026 9,583,250 4,496,869 7,715,830 8,594.429 6,911,833 . 5 50 9 lea 40 20 20 100 100 100 100 100 50 50 N re cent sa State Institutions Dec. 31. ' 625.000 - . 50 100 100 100 100 1,259,994 728,567 3,062,850 4,153,134 TENNESSEE Chattanooga— 100 50 38,021 46,350 133,825 321,552 9K uoo} } 1000 Nashville— Reading— Farmers' Nat Bank Sc Trust Oo Berks Oo Trust Co.. Pennsylvania Tr Oo. Reading Trust Oo_. - 8,000,000 r 1,000,000 1.500.000 2,000,000 1.170,300 738,213 2.093,817 2,412,656 3,314,149 6,931,646 9,004.461 8,284,527 6,567,915 80 200,000 5,000.000 196,767 4,882,090 232,984 206,481 763,554 594,646 181,644 330,836 166,964 760.732 61.013,001 556,909 940.428 3.841,701 11,286,640 3,602.065 2,497,109 25 26 c 5 lo...!.*? 10 28 8 29' }1° 25 10 12 14 60 70 14 16 (&) 100 120 115 Scranton— E. Scranton State Bk First National Bank. Green Ridge Bank Providence Bank South Side Bk Sc Tr. Third Nat Bk&TrOo Union Nat Bank. West Side Bank Pennsylvania Tr Oo. Wilkes-B&rre— First National Bank. Hanover Bk Sc Tr Miners Bk of W-B— Second Nat Bank W-B Dep Sc Sav Bk. Wyoming Nat Bank. 200.000 200,000 400,000 1,000.000 500.000 250.000 250.000 750,000 2,032.720 250,000 361,959 2.500,000 6,786.505 1.000.000 3.164 293 499.000 1,826,385 500.000 ul,061,748 40 65 80 100 50 50 25 25 100 National Banks Dec. 31. Nomi nal. 25 266,001 336,355 395,848 3,011,633 1,828,763 8,878,667 10 20 10 250.000 238,374 150,000 441.272 500,000 584,228 125.000 235,194 225,000 520,702 300,000 957.433 500,000 546,265 500,000 719,541 750.000 Ul ,482,038 2,255,456 2,275,441 5,186,825 1,154,549 3,339,979 3,851.893 2,874,276 2,905,528 5,448,053 50 300,000 300.000 200,000 400,000 512,887 800.884 40,315 427,802 4,177,424 9,100,069 2,352,642 4,745,533 100 100 100 100 Beaumont— American Nat Bank. First National Bank. Secur St Bk Sc Trust 400.000 400,000 125,000 350,483 633.097 5,935 6,518,709 9,130,586 852.052 100 65 110 25" 165" a 40 45 c 10 les 100 200 100 Sale price, March 17 1933. Security Corp. of reorganization. savings bank with First National Bank. In process d A mutual s 100 20 25 25 o re cent sa b Member of First Sold /Sept. 30 1932. 10 100 share. 125 * 10 10 N 300 95 400 Williamsport— York— Oent'l Nat Bk&TrOo Drov & Mech N Bk. First National Bank Industrial Nat*Bank. Western Nat Bank.. York Oo Nat Bank.. York N Bk & Tr Oo. Guardian Trust Co— York Trust Oo Per American Nat Bank Austin Nat Bank Republic Bk & Tr Co Security Trust Oo 2,014,884 100 50 50 100 25 600,000 250.000 Williamsport N Bk— Lycoming Trust Co. o2.000.000 State Institutions Dec. 31. Austin— loo" 25 8,469,010 1,176,809 22,124,820 12,981.182 3,390,505 6,567,915 First National Bank. TEXAS 100 60 g Affiliated with the Citizens Sc Southern National Bank of Savannah, Ga. h Federal conservator appointed. benefit of stockholders of i Capital stock trusteed for National Bank Sc Trust Oo. k Dec. 31 1932. Union Planters I Last sale. n Reorganization of the Bank of Commerce & Trust Oo. of Memphis, Tenn., under the title of the National Bank of Commerce opened for business on May 1 1933. 0 Operating on a restricted basis. p June 30 1932. Conservator appointed. Combined statement. 1 Branch of the Central Union Bank of Rock Hill, 8. C. u March 31 1933. x Er-dividend. t No par. r . < s y Operating without restrictions; date of figures. May 25 1933. z & Potter Title & Mortgage Guarantee Co., affiliate of the Potter Title Trust Co. of May 1933. Pittsburgh, Pa., separated from the latter institution In National Bank» Dec. 31. State Institutions Trust Co —- Nat Bank of Comm. Co Co Texas Bank 8c Tr Co Dallas Bank & Tr Oak Cliff Bk & Tr 2.656,693 386,857 703,435 35,737 25,000 4,000,000 150,000 1.000,000 100,000 125,000 State Institutions VIRGINIA Dec. 31. Surplus A Ask. Bid. Par. Deposits. Nomi nal. Per share. $ 8,000,000 6,642,596 45,216 150,000 398,058 2,000,000 BankLiberty State Bank — Mercantile Bk & Tr_ Republic Nat Bank 8c Dec. 31. 28 20 100 66,698,175 751,406 12,651,583 30 150 20 ' "30"" 28 125 10 100 20 2,934,301 2,144,805 100 125.000 $ 147,748 562,840 100 475"" 2.500.000 2,000.000 600.000 778,293 751,119 236.957 19,302.237 10,007,899 3.606.957 100 70 70 700,000 750,000 154.491 309.991 3,253,463 2,561,593 500,000 250,000 500.000 99,233 85,667 223,431 5.098,600 488,137 1,896,646 100 737,030 616,616 600,000 1,000,000 d 607,643 3,000,000 d2,010,902 205,745 200,000 154.500 g 139,500 15,017,053 5,684.147 7,067.113 40,513,093 1,390,000 650,000 25 2,500,000 200,000 1.000 000 1.525,745 432,547 623,754 29.786,354 2,056,570 5.588,686 100 1,000,000 1.000.000 800.000 553,863 1,453,180 435.672 5,064,932 18,703,814 2,152,467 100 100 % Norfolk— 250.000 Norfolk Nat Bank of Com & Trusts— Seab'd CItlx Nat Bk 125 Virginia Nat Bank $ 100 / 180,476 300,000 300,000 Bank 985,610 4,214,266 11,309,078 100 100 10 N Co— First National BankFt Worth Nat Bank- Merch & Farmers Bk 38,616 304,363 1,293,955 1,876,539 117,336 27,022 100,000 750,000 1,100,000 2,500,000 200,000 Stockyards Nat Bank Union Bank & Tr Co 100,000 540,367 6,640,709 19,905,304 26,082,810 2,933,844 376,356 100 100 Bank American Trust Co 20 100 Hutch In gs-Sealy National Bank--U S National Bank— les 100 100 8c /3.500.000 Bank of Comm 8c Tr 100 Central Nat Bank— First 8c Mer Nat Bk_ Mech & Mer Bank OalveBton— 7,734,934 3,748,433 100 200,000 307,750 271.797 100 N re cent 750,000 1,000,000 340,819 120,199 7,438,950 7,890,556 100 sa les 100,000 9,910 714,230 269,920 170,272 1,050,236 2,225,287 200,000 100 100 850,000 612,063 33,771,045 2,972,667 6,294,286 20,776,964 19,308,999 5,512,572 14,725,599 752,978 159,663 356,454 •965,855 336,433 180,705 25,160,251 1,401,290 97,834 5,275,829 5,097,318 3,061,842 200,000 sa Richmond— 20 __ City National Bank. First National Bank- o re cent Portsmouth— American Nat BankCitizens Trust Fort Worth— Amer Bank & Tr Oo_ Continental Nat Bk- 75 76 25 50 jgj State National 510 25 PetersburgFirst Nat Bk & Tr Co Petersb Sav 8c AmTr f El Paso Nat Bank— Ask. Bid. Par. Nomi nal. Per share, 125 Merch & Planters Bk 25 22 100 20 100 39,966,516 4,380,974 11,511,372 1,215,417 657,462 Deposits. Capital. Mer & Mec Sav Bk— 10 20 Gross Profits. Gross Surplus A Profits. 5 Dallas— First National National Banks Dec. 31. TEXAS Capital. COMPANIES TRUST AND BAMS 110 Poll'd 8c Bagby Tr Co o Trust Co Sav Bank 8c Tr Co 100 20 20 100 Bank State-Planters 8c 20 Virginia Trust Co 25 25 Roanoke— Houston— Citizens State Bank- 7i3,000,000 City Bank & Tr Co500,000 First National Bank. Houston Nat Bank-_ ol ,000,000 Second Nat'l Bank-1,000,000 1,000,000 600,000 1,000,000 Nat Bank of Comm. State National Bank Union National Bank South Texas Com¬ mercial Nat Bank. 1,500,000 400,000 Federal Trust Co— 200,000 Fidelity Trust Co— Guardian Trust Co Houston Land & Tr_ San Jacinto Trust— _ f 600,000 1,000,000 500,000 _ 60 Colonial Amer Nat B 100 l5" 20 100 100,000 100,000 609,731 100 115 100 155"" 100 115 130 100 175 100 225" I 130 100 100 National Banks Dec. 31. WASHINGTON s'a%IcV.T"m' 100 100 100 Nomi ual. 150 30 100 750 375 100 350 100 Per Seattle— 100,000 500.000 C200.000 8,360,000 95,871 2.649,727 39,424 1,520,641 834,651 Central Nat Bank of Commerce First National Bank 150,000 First Security Bank- 2,000,000 300,000 300,000 1,200,000 350,000 600,000 10,437,156 2,264,121 100 100 725,597 17,951,361 2,259,783 10,295,738 100 100,000 500,000 150,000 CommonweaithB&Tr Frost National Bank Groos National Bank Nat Bank of Comm. National Bank ofFort Sam Houston San Antonio Nat Bk So.Texas Bk.&Tr.Oo. 800,447 28,823 59,320 1,224,465 175,974 510,042 13,422 135,477 69,891 465,545 2,552,860 2,630,601 1,119,352 4,933,124 45,643 Ballard First Nat Bk Canadian Bk of Com San Antonio— Alamo National Bank Commercial Nat Bk- 100 175 2,659,574 2,414,100 316,306 p Mountain Trust Bk_ 165 326 100 100 130 o 100 100 100 Port Arthur— First National Bank. Merchants Nat'l Bk. First Nat Exch Bank 100 100 Nat Bk of Commerce c2.500.000 100 N 100 100 re cent sa les o Pacific Nat Bank—. People's Bk 8c Tr Co Peoples First Ave Bk Sumitomo B of Seattle Tower Savings Bank University Nat Bank Washington Nat Bk • • 2,600,000 600,000 300,000 200.000 500,000 400.000 38,002 33,620 383,301 W Seattle State Bk— Seattle Trust Co 405,649 250,553 2,043,426 13,040,722 661,877 10,024.732 1.246.278 771,224 121,246 32,912 100.000 1,200,000 1,049,073 351.263 2,142,557 58,316 elOO.OOO of Commerce 100 100 1.721,279 100 67,274,316 < 20 1,992,978 < 20 26,121,858 c 25 14,655,407 100 100 8,777,963 2,107,686 100 1,415,161 1,898,337 100 20 3,345,527 309,550 73,017 84,924 64,564 137,973 10,181,575 1,901,196 302,670 share. 100 19H 21 loo"" ild" r_—.. 25 35 75 85 45 52 c 100 100 Waco Citizens' Nat Bank-First National Bank. 250,000 1.000,000 National City Bank- 231,196 238,099 83,807 100.000 National Banks Dec. 31. 175 75 100 100 6.229,311 9,100,159 516,524 100 100 Dec. 31. Nomi nal. Per Ogden— First Savings Bank— b First National Bank- 6 600,000 200.000 d Puget Sound Nat Bk Puget Sd Bway Bk— 100 b 8 Bank b ZIon Sav Bk & Tr Co Utah Sav 8c Trust Co Walker Bk & Tr Co. 269,732 613,854 616,967 836,363 197,320 850,000 600,000 750,000 500,000 1,000,000 300,000 1.500,000 Per 60 100 8,070,452 13,483,763 10,267,357 12,655,820 1,443,814 18,073,321 Per Capital City Bank.. 110 90 Charleston Nat Bk— 1,062,500 60 100 100 100 People's Nat BankQuarry S Bk & Tr Co 147,381 244,230 83,726 70 Kanawha Bkg Sc Tr_ Kanawha Valley Bk_ Nat Bank of Comm. 1,000.000 200,000 600,000 Dec. 31. HowardNatBk&TrCo Merchants Nat Bank Burlington Trust Oo_ share. 100 5,253,483 3,513,727 739,635 5,506,560 First National Bank. Montpelier Nat Bank Montp'r S B & Tr Co Clement Nat Bank— Killington Nat Bank Rutland GoNat Bank Rutland Trust Co 100 52,608 1,019,080 25 491.814 3.633,108 3,823,859 1,207,084 10,223,692 3.316,219 100 629,683 154,022 3,039,096 577,806 100 190 880,415 6,411,161 100 180 1,165,600 Security Trust Co.. Wheeling Bank Sc 300.000 Trust 190,754 77,472 122,911 150,286 100,000 150.000 150,000 100,000 3,178,025 les 500,000 Co • 100 129,000 235,729 152,098 161,136 186,178 732,000 2,976,340 255,743 1,895,923 1,542,327 b Member of First Security 100 Member of the Marine 100 e 100 100 1933. 100 h As of May k Dec. 31 State Institutions 3 1933 the First National Bank of National Bank in Houston. 662,592 5,399,755 100 96 o lis A Trust Co 1,000,000 500.000 630,785 455,799 2,829,043 2,447,053 200,000 108,334 118,454 934,625 940,945 3,899,588 100 100 p 90 115 Loan Corp 100 Lynchburg Tr & 8 B. 150,000 300,000 500,223 100 10J* "250"" the^Joseph F, Meyer interests. March 31 1933. s 300 Corp. Trust funds. u 4 5 10 , May 25 1933. Controlled by Member People's Citizens' Mutual Ind Com'l Tr 8c Sav Bank 1932. r Lynchburg Nat Bank People's Nat Bank.. Corp. 1 Last sale. Dec. 31. Nomi Per 1.000.000 Bancorporation. (/Sept. 30 1932 100 Lynohburg— Corp. Member of the Northwest n First National Bank. 185" Bancorporation. < Member First National VIRGINIA 140 11n process of reorganization. succeeded by the First National Banks Dec. 31. 100 New stock. d March 31 n 25 150 100 100 Sale price. a 100 c 100,000 100,000 100,000 100,000 50,000 : cent sa 100 2,460,823 1,715,402 4,163,935 125 o { Rutland— Central Nat Bank— 100 Dollar Sav 8c Tr Go- N loo 1,179,598 100 40 re 100 4.394.534 100 ) 100 107,727 100,000 500.000 600,000 100,000 Nat Bank of W Va 100 100 555,478 Nat Exchange BankSo Side Bk & Tr Co. 328,960 365,747 117,904 395,940 200,000 600,000 150,000 250,000 100 Trust 8c Sav Bank 100 25 100,000 < Co share. 100 600.000 Center Wheeling Sav Citizens Mutual Tr Half Dollar 100 ■ Montpelier— Capital S B & Tr Co Co— Wheeling— BurlingtonChittenden Co Trust 1,030.566 13,758.914 2,646,650 11,234,513 1.069,113 100.000 805,647 361,999 257,297 t 1,015.800 84,885 89,337 1,413,345 258,344 1.669,502 27,227 200.000 50.000 500,000 200.000 fc Charleston Trust Co. State Institutiom 3,556,945 4,912,071 1,868,950 ^r, 20. Nomi nal. 60 115 Barre— 100,000 200,000 100,000 100 Charleston- 60 Per u WEST VIRGINIA 100 100 75 155 Nomi nal. Granite S B & Tr Co 100 100 75 Central Trust VERMONT les share. Peoples Exchange Bk National Banks Dec. 31. o cent sa 10 Nomi nal. Utah State Nat Bank N re 100 share. national Ban,, First National V 100 inn 100 Salt Lake CityOontl Nat Bk&Tr Co 100 100 3,246,317 3,069,007 5,649,614 160,195 301,779 322,865 300,000 250,000 500,000 Commercial Sec Bk_ 418,435 71,276 Tacoma— Nat Bank of Tacoma <1,000.000 State Institutions UTAH Spokane— 500,000 OldNatBk&UnTrOo ul ,500.000 25,000 Security State BankSpok 8c East Tr Co. _ •1,000,000 200.000 Washington Trust Co First Nat Tr & 8 Bk_ Conservator appointed. v Traded in at Ex-dividend 1/ Ex-rights. as Old National Corp Houston, 'Texas, was June, 1933.] BANKS National Banks Dec. 31. TRUST 111 COMPANIES State Institutions WISCONSIN Dec. 31. Cross Surplus & Profits. Capital. AND Deposits. Par. Bid. Ask. Nomi nal. La Crosse— $ 600,000 60,000 600,000 60,000 100.000 Batavlan Nat Bank Exchange State Bank Nat Bk of La Crosse. Security Says Bank State Bk of La Crosse $ 446,153 116,174 454.343 16,241 120,870 Per 2.8ll,006 660,995 3,928,383 468,383 1,432,703 20 share. 30 40 100 N o 100 re cent 100 sa les Reserve Cross Fund. Deposits. Capital Milwaukee— Par. Halifax- Amer State Bank- 200,000 43,920 322,041 400,000 401,439 3,806,523 d 100,000 52,936 732,879 300,000 61,696 1,574,586 d 200,000 164,273 1,672,101 10.000,000 7,404,506 138,831.518 75,334 / 200,000 6 745,962 68,605 0 100,000 460,769 100,000 97,832 538,663 150.455 100,000 591,909 2,200,000 Cl,002,164 15,824,565 1,500,000 2,881,355 25,685,809 d 200,00) 130,571 1.842,857 i 400,000 232,085 950,938 200,000 10,463 1,733,057 ! 200,000 103,416 1,762,755 200,000 46,224 163,696 ! 200,000 22,680 626,992 400,000 36,277 240,719 200,000 k 44,018 1,100,941 ! 200,000 129,659 944,865 400,000 792,721 2,477,151 300,000 454,024 1,861,661 1.000.000 526,583 2.727,926 100 Badger State Bank.. d Oltisens Bk of Mil.. City Bank A Tr Co.. East Side Bank First Wise N Bk Home Sayings Bank. Holton St State Bk. Kilbourn State Bk.. Lincoln State BankMarine Nat Exch Bk Marshall A Hsley Bk Mer A Farmers St Bk Milw Oomm'l BankMitchell St State Bk. North Ave State Bk. Park Sayings Bank.. 16th Ward State Bk. State Bank of Milw. TeutonlaAveStateBk Vliet St State Bank West Side Bank Wisconsin State Bk. First Wise Trust Co. a $ $ $ Bank of Nova Scotia 12.000.000 24.000.000 198,785,616 50 Bid. Ask. 100 Per cent. 240 244 100 100 172 145 175 150 100 100 143 148 146 150 mrnmmmmmmmm d 100 70 d t rnmmmm 20 Toronto— 20 Per 100 Bank 100 Can Bank of Comm. 30,000,000 30.000.000 429,914,628 Dominion Bank7,000,000 9.000,000 86,401,567 20 20 26 28 20 of Toronto- 6,000,000 9.000.000 80,945,047 cent. 21 Imperial Bank of Can 7.000.000 8.000.000 98,157,935 d 20 100 d mm mm mm mm mm mmmmmrnm 100 d mmmmmrnm mm mm mm mm mm m 100 Montreal— Per mm cent. Bank of Montreal— 36,000,000 38,000,000 20 17 d mm mm mm 100 __ 170 20 mm 20 mm'm' 100 100 190 Banaue Oanadienne. 20 100 128 195 130 150 155 717,958,723 96,025,379 Barclays Bk (Canada) 500,000 4,321,761 Provincial Bk of Can 4.000,000 1.500.000 35,239,505 Royal Bk of Canada. 35.000.000 35.000.000 536.459.4d6 * 7,000,000 100 100 100 Sale price. t Wisconsin a 7,000,000 500.000 Bankshares Corp. no par stock. Closed. b May 15 1933. c March 31 1933. d Unit of the Wisconsin Bankshares Corp. e Member of the Northwest Bancorporation. / Stockholders National Banks Dec. 31. Feb. 24 1933 accepted recommendation of on a special committee that the institution be placed on a stabilization basis: this action makes it necessary to collect a 100% assessment from stockholders and WYOMING secure waivers on deposits. ffOna restricted basis. h Cheyenne— 228,782 215,164 250,000 300,000 Bid. Bonds, Albany Metropolitan Corp— 6 Ms 1938 Allerton N Y Corp 5 Ms *47. J&J Certificates of deposit Amer Insur Un Bldg 6s '41-M&N Atlanta Poat Office 6 Ms 1937 M&S Bing A Blng deb flMs 1950-M&S 2,375,520 3,342,399 1 12 14 9 11 W* 38 35 Boston Poat Office Serv Station— 3 Oleve Term Bldg 6s 1941_—_ JAJ Hall 25 41 20" 23 Lake Sh Ath Club (Chic) 6 Ms '45 10 12 2M La Salle Hotel 5 Ms 1940 FAA Lefcourt Manhat Bldg 5 Ma 1941. Liggett Bldg 1st 1 h 6 Ms '52.FAA Certificates of deposit..... 33 mmmmmm mm 32 Lincoln 42d St Corp— 1st mtge s f 5M8 1953 s f 6 Ma '48 with JAD 4 6 17M 10 mmmmmm. mmmmm mm 35 war. J AD 1 62 35M 37 73 76 Without warrants J&D 79 Madison Ave Bldg 6s '40-M&S Sevilla-Bilt Hotel 7Ms'37—MAN Shelburn .lnc(AtlOyj0Ms*4O _ JAJ Sherry-Netherland Hotel 5 Ms *48 Shubert Theat deb 6s '42.J&D15 60 Broad St Bldg 6s 1939 F&A 610 Park Ave Bldg 6s 1940 37M 1st s f 5Ma 1953 JAD Mercantile Properties, Inc— Sees f 6Ms 1946 JAJ 12 18 55 60 Stevens Hotel Merchants Nat Corp 6s w w 1958 14 51 17 35 40 20 24 20 27 11 54 M 39 15M 22 59 21 18 43 Exchange Place Bldg 6a 1938- 43 46 11 15 33 35 25 36 39 2 4 / 10 9 11 *2 f 6Ma 1941 MAS / Fox St Louts Theatre Bldg— lstsf 6M» 1942 AAO / Fuller Bldg (G A F Realty Corp) 10 12 a JAJ JAJ Conv ■ f deb 6s 1948—JAD15 New Weston Hotel Annex 6s 1940 6 8 30 ff if" *32* 39M 53 11 2 13 38 41 10 20 24 26 M 1H 46 47 14 16 */ 2M (Chic) 6s 1945-J&J */ 16 24 21 32 15 88 M 36 1st s f 5Ms 1958 MAN Tyler Bldg 6s 1953 AAO Un Post Offices 5 Ms '35.F&A15 26 IVA 24 Vanderbilt Ave Bldg Corp— 1st leashold 6 Ms 1944—JAJ 15 Van Swerlngen Co 6s 1935—FAA 34 1st m s f 6s 1948 A& 111 John St Bldg 6s 1948—. FAA 134 Waverly Place Apts ctfs 43 47 f 6s 1938 A&O Vanderbilt Ave Bldg 6 Ms *44. J&J Varlck St Sta P O (N Y) 6s 1941 Wadsworth Bldg(NY)6s {63.AAO 26 30 7 15} 153 Waldorf Astoria 165 Broadway Bldg 5Ms '51 FAA General s f 7s 1951 F&A One LaSalle St Bldg 6s 1949 J&J Bldg 6s '33-'39 M&N Palace HoceHSan Fr) 5s '45-F&A Param Bway Corp 5Ms'51—J&J Paramount Theatres 6s 1945-JAJ 27 Corp 6Ms 1943—J&D Park Lexington Co 0Ms *53—J&J Certificates of deposit..... 17 Park Row Bldg 0s 1943 13 17 Pennsylvania Bldg 0s 1939—MAN Pitts Hotels Corp 1st 5Ms*48M&J 44 18M 19M 17 M 50 9 38 32 H 15 ..AAO 2 , / MAS */ _ 4M 74 43 12 Certificate of deposit 11 __ 40 36 16 5 7M 10 11 17 M 15 21 24 mmmmmmm 40 k Last sale. s *f 8 (John)Phila.. 5Ms'49 80 Wardman Real Estate Properties 1st A ref 6 Ms 1948 M&S / 6 Certificates or deposit f 6 Wanaraaker 50 40 1st & coll 1st lien 7s 1954 45 Sale price 16M 53 34 Steuben Bldg(Ohic)6s 1943-M&S 12 Park Lane 25 / Sixty-One Bway 5 Ms 1950—A&O Gen mtge 7s 1945 A&O Stanley Real Est 5Ms '45.-JAD State A Wash Bldgs (Chicago)— 1st sink fund 5s 1948ser A -MAS Sink fund 5s 1948 ser B—MAS N Y Athletic Club 6s 1946 AAO Norfolk P O 6s Mar I 1935-MAS North Station Indus Bldg (Bosi One Park Av 31M George Washington Hotel 6s* 1944 Grant Bldg (Pittsb) 7a '47—FAA / Graybar Bldg (East Offices Inc)-1st m leaseh 5s 1946 JAD Se leaseh 5 M 1934 (s-a) ..JAD Realty, 26 AAO Inc— Certificates of deposit 37 Fox New Eng Thea 6Ma '43.FAA / Fox Theatre A Office Bldg Nat Hotel of Cuba 6s 1959.MAS Nat Press Bldg 5Ms 1950 A&Olfi 6 Ma 1948 Neisner Bros 5th Av A 29th St Bldg 6s *48.FAA 6th Ave & 55th St 6Ms 1945 , Millinery Center Bldg 7s 1944 Minneapolis Parcel P O—6s July 1 1942JAJ Montague Court Off Bldg 6Ms '45 Munson Bldg (N Y) 6Mo'39.MAN 10 8 7 29OL 301 East 38th St Bldg ctfs Trinity Bldg 5 Ms 1939 JAD 2 Park Ave Bldg 6s 1941—a— 208 South La Salle St Bldg Corp— 16 42 Broadway Bldg 6s 1939—JAJ For Det Theatre 6a 1942 .AAO / 19 9 Taft Realty (New Hav) 6s'40AAO 10 East 40th Street Bldg 6s 1940Textlle Bldg 1st 6s 1958 M&N 25 22 40 Wall Street Bldg lat 6$ 1958— 4 8 22 M 19 Schulte Real Estate 6s 1935— -i With warrants J&D */ 1st m A leaseh sf 6s '58..MAN Mercantile Arcade Bldg (Los Ang) 15 19 1512 Spruce St (Phila) 1st m 6a 1943 AAO / 10 Bway Bldg (N Y) 6a '40-M&S 1600 Walnut St (Phila) 1st 6s'47- / 29 21 * Savoy-Plaza Corp 6s 1945..J&D 38 95 40 18-20 East 41st St. Bldg. 6s 1940Kighty Fifth Ave 6s 1940 11 West 42d St 6Ms 1946—MAN Eppley Hotels 0Msl941 J&J Eqult Office Bldg (N Y) 5s 1962— Ferry Sta P O (San Fr) 6a 1934— 36 Bldg(Denv) 6 Ms'40-M&S Roxy Theatre 6Ms 1940 —A&O Russeks 5th Ave Bldg 6s 1944—. 8t Charles Hotel (Atl Oy) 4d 1945 St George Hotel 5 Ms '32-s43 M&N Saks Realty 6s 1945 A&O 6s 1940 A&O Louisville P O 5Ms Jan 11943 JAJ Mack Trucks R E Sec 6a 1933-40. Manhattan Co Bldg— 19 J&J 64 M 39M Repub 21 22 M Prop 6a'45.JAD Dallas P O 6a Sept i5 1936 M&S 15 3 45 .J&D A&O 65 65 *y.... _ s 21 1M Loews Theatre Rlty 6a '47 MAS15 Lond Gu A Acc Bldg (Chic) 6s '62 17 Nomina), 14 Loew's New Brd Dodge Bldg 6Ma 1943 Drake (The) 6a 1939 n 6s 1939 6s 1943 40 M 10 / Flat price, 18 38 64 21 lat a f 5Ma 1949 51 43 64 - 6s 1944——........ m Lord Bait Hotel g m 6Ms '45 AAO Lords Court Bldg 6Ma 1942.JAD Orossways Apts Bldg ctfs 1st mm Bid. Pittsburgh P O Serv Station— 5Ms Dec 1 1938J&D Postum Bldg 6 Ms 1943 MAN Prudence Co 5Ms 1961 M&N Quincy Station P O (Chicago)— 6s May 1 1941 J&D Realty Assoc Sec Corp 6s '37-JAJ 41* Apts ctfs Fox Metropolitan Playhouse— sink fund conv 6M® 1932.MAN 48 mm 46M 35 Court A Remaen Sta (Brooklyn) 6s 1940 A&O _ 49 — 18 Deb 44 - Colonial 6 21 39 31 17 21 Bonds. mmmmmm 80 Hotel St George 5Ms 1943 2M 44 M 15 46M Insurance Center Bldg 6Ma 1943 Jewelers Bldg (Chic) 6s "SO-JAD 45 21 21 38 ... Harrlman Bldg 6s 1951 MAN Hearst Brisbane Prop 6s '34. J AD 6s 1934 to 1942 Ask. 14 Hotel Pierre(NY) 6 Ms 1949.AAO Hotel Sherman (Chic) 5Ms '46J&J 42 B'way Barclay Office Bldg 6s 1941 Bway Mot Bldg (N Y) 6a748.FAA Bway A 38th St Bldg 7s 1945... Bway A 41st St Bldg 6 Ms 1944— Bryant Pk Bldg (NY) 0Mb'45J&J Budd Realty 6s June 1941.. 6a Sept 1941 Bush Term Bldg 1st 5a 1960.AAO Carbide & Carbon Bldg 6s '40J&J Chesebrough Bldg 6a 1948.-A&O Oh Av Sta P O 5 Ma Novl532M&N Chrysler Bldg 6a 1948 AAO Cigar Stores Realty Holdings— 8 f deb 5Ma 1949 aer A..JAJ Certificates of deposit. Bid. FAA Herald Square Bldg 6s 1948 MAN Hlghbridge Station P O. N Y— 5 Ma Dec 1 1938 JAD Hotel Lexington 6a 1943 M&N 20M j.A&O 1935 Bonds. Greeley 8q Bldg 6s 1950 Harding Court Apts ctfs 11 6Ms July 1 1938 J&J Bowman-Blltmore Hotels 7a 1934 7s stamped as to payment of $435 partial redemp'n 1934 6% notes 1931 ext to 1933-J&J 100 100 Ask. Boston Parcel Poat Station— 5Ms Oct i Consolidation of the Security Savings Bank and the Gateway City Bank, both of La Crosse, Wis., under title of the Commercial Savings Bank, proposed. k May 27 1933. ZLast sale. t Trust funds. x Ex-dividend, Per share. American Nat Bank. Stock Growers N Bk. May 5 1933. » Negotiability impaired by maturity. Wardman Realty A Construction Deb g 6Ms 1938 ...-M&S / Westlnghonae Bldg 6a 1939 White Motor Realty 6s 1931-40-Woodbridge Bldg 5Ms '41 A&O 7s 1940 —A&O 2 26 M 70 55 47 INSURANCE 113 STOCKS NetSurplus Capital. 10 26 10 i 450,000 6 ) 5 Amer Equitable (N Y. Amer Plre (Wash'ton]l 100 . Amer Home 1,000,000 100 000 10 i Flre(N Y 1,000,000 3,343,740 1.000.000 $463,950 5.000.000 1,500.000 1,000.000 3,000,000 1,000.000 2,000,000 )2% 10 . 10 - 10 ) >2 hi 25 I Beaton (Boston) 100 - ) 100 ) 6 500.000 10 1,316,242 2,052,570 384,744 2.415,347 400,278 677,960 4,825,172 522,016 471,194 2,982,281 494,845 1,002,428 6,864,561 643,182 2,118,093 - - - - - 6 - Per Share $ $ 2,000.000 1.000,000 25 10 3,167,230 1,745,033 1,034,414 13,392,977 1,727,826 - __ 5 10 2,159,813 4,240,368 23 % 200,068 197,860 4~~ 738,081 1,738.768 1,078,187 334,137 1,542,532 1,283,855 843,675 2,072,404 8,323,641 169,807 2,084,876 680.799 3,020.390 10,259.625 908,975 4,387.415 20 (Rochester) Rossla Ins (Hartford). 25 St Paul F & M (StP). 596,704 25 10 5 5 Seaboard F & M (NY) Security Ina (New Hav) 10% 1,653 10 Southern Fire 120 1,374.890 5,264.688 12,640,247 Springfield Fire A Mar (Springfield, Mass). Stuyvesant Fire (N Y) 26 25 10 2,142", 078 1,722,151 18,045,761 9,177,513 15" U S Fire 2% 49% 3% 53% 26hi U ni versall ns (N e war k) 20 Victory Ins (Phila)— Virginia F & M (Rich¬ 10 5,000,000 1,000.000 2,000,000 2.000.000 1.000,000 1.000.000 25 mond) Westchester Fire (NY) 2 hi 26" 25% (Hartf) 100 (New York). 4 Travelers Fire 5 25 - ) 5 ) 10 25 - * )— 10 Harmonla Fire (Burf) Hartford Fire (Hartf)- 10 - 10 uanover inre - - 5 - 10 ) 31 7 46 28 5 II,882,337 10,616.497 5,526,054 45 * 162-1 14 % 6,097,129 3,058,041 2.000,000 7,458.200 8.150.000 12,011,342 805,383 2.000.000 500.000 726,020 4.000.000 4,135,105 596,717 1.000,000 12.000.000 22,033,317 12,000.000 20,167,637 1.000.000 1,101,093 25 % "§" 30 ~106" ill" M 75 hi 70 hi 1 hi 584,597 9,207",406 354 26 4% 369 28 1,548.110 5,671,463 10,582,276 460,908 349.907 5 8 192,863 199,717 4 4 hi 500,000 1.000.000 331,895 3,934,583 884,476 7,269,463 11* 3,000,000 1,000,000 7.500.000 800.000 6,855,502 1,859,420 1,784,666 1,336,511 8.640,820 45 hi 408.580 5,881,412 1,382.779 47 hi 30% ?! 20 2,572,237 20 1.750,000 750,020 1,500,000 2.400.000 6,799.575 1.063.498 2,225,595 6.109.640 18 30 % (» 3,200,000 2,392,772 750.000 10 "2l" Casualty & Surety 19,100,961 15.557.641 656,031 269,164 4,416,183 849,393 32,869,538 38,742,215 2,248,936 2Vi 9% AmerReinsur 500,000 — Continental (Hammond, Ind).. Y) Employ eroRe-ins (KO) Fidelity & Dep (Bait) York) — 10 1,000,000 214,432 26,791 26 - 1.000.000 352,586 533,490 3 7% Lloyds 1,096,121 1,557,011 10 12.000,000 28,168.271 22,134.067 42 40 0 100 - 100 50 1.000.000 500,000 1.000.000 5(1 200,000 600,000 - - Liberty (Louis v. 50 - 5 - - - 0 25 5 26 10(1 . n 2hi >f 100 (New York)-. 1,000,000 1.000.000 250.000 600,000 1.000.000 750.000 1,000,000 « 907,416 1,064,462 508,505 141,710 540,479 1,125.839 4,716 739.475 2,459,940 12,900,253 2,078,636 1,661,014 133,057 63,840 2,021,325 1,763,157 "~4 hi "6 hi 55 2 1,963,252 2,407,949 3,857,657 2% ~YQ)" (19) 24 28 90 5 810,031 1,562,260 1,000,000 1,010.064 601,370 1,000,000 5.000,000 10,628.101 855,903 1,486,789 16,217,954 1.000,000 4hi 6 hi 7 1,876,447 4% 6% 3,000,000 4,693.533 7,142.070 45 % 48% 1,000,000 1,000,000 1,808.795 1 % 3hi 2 1,000,000 1,000.000 1.075.020 2,899.446 504,726 10,534.438 26 (Phila) Maryland Oas (Bait). Mass Bonding A Ini 4.000,000 2,000,000 10 750,000 3,000,000 11% 5% 10 6,000,000 3,966,077 574,897 8,732,622 National Oas (Detroit National Surety (N Y New Amsterdam Oai (Baltimore) Preferred Acciden (New York) Seaboard Surety (NY Stand Accident (Mich U S Fidelity A Gum anty (Baltimore)... 10 4.500.000 1,500,000 5,709,268 13% 15% 5 1,035.398 509,631 1,137.220 1,562.599 8% 10% 20 875,000 1.000.000 1,213.360 6,257,739 2 2.000.000 8,469,413 13.372,203 4hi 5% 10,34; ,572 354,752,800 15 hi 17% 19 hi 19% 10 500.000 100 3 5 (a) 10hi 20 2,414,814 7 3% l5% 3. 317.943 Policy Reserves. e - 8% 7% C< .. "3" 850,000 1,435,837 2,453.495 Cas'ti (Boston), js 10 6 J) 5 6 10 5 Insurance of America— Manufacturers e 5 10 7 5% 10 26 Amer 48^,803 259,298 10 Cast Excecs Ins (N Gr 4,932,000 10 A (Hartford).(NY). Amer Surety (NY) Oonsol Ind & Ins (NY) Aetna Casualty Insur - Life- 4 e Merchants t - ,) 50 10 - ) 50 Brunswick F (New Brans, N J] 001 10 - 7,925", 066 "5" 289,075 1,830,520 102,306 6.462,510 "41" "43" 10 1.000.000 602,944 1.339,645 England Fire (PittsfTeld, Mass] Hampshire 10 - 400,000 259,294 369.162 10 3.000.000 5,199,959 4.517.925 . 20 5 ) 2 hi ) 12i* 13 10 Holding company. 525,736 4,385,287 2,039,026 1,000,000 1,550,517 2,260,291 6,888.962 3,719,356 576,989 1,607,708 7% 32 500.000 100 35 Wayne, 1.000,000 10 100 10 12% 10% 12% u% 39% 10% Phila Life 2.500.000 5.000.000 1.000.000 1,000,000 10 700.000 100 2,000.000 100 20.000,000 1 575.361 6 320,000 no *ar shares, Co. 2,000.000 3.000.000 10 1,000.000 1.000,000 2,000,000 1,000.000 by North British & Mercantile 14,504.624 10 (Boston) 15 r - 419,527 Columbian Nat'l Life e . 400.000 100 Louis) F - 38,594.008 --- e New 1,000,000 6 "49" 1.741.656 10 321,429 1,812.609 5 . 0 10 15.000,000 1 4,000.000 100,000 1.100,000 2 . Fire (Pit 500.000 1 20 NaflLiberty (NY).. Nat'l Union (Wash)— a ------ 5hi 5 •s New 60 1 25 216,560 6,105,818 1,541,162 2,500,000 1,000,000 10 - New 4 hi 50 25 "IS" 2,303,311 22.555,228 31,800 25 hi 3 hi ' Ohio) Republic (Dallas)—_ Rhode Island (Prov). Rochester American I,148,022 ~54% 9,443,075 7% 52% 1.000.000 1,500.000 4,000,000 1,000.000 2.000.000 10 529.570 Reliable Fire (Dayton, 4,691.328 2,091,471 2,373,384 4,988,684 2,088.107 4,475,528 12 38 hi 2,761,210 28 hi 250,000 2.000.000 1.000.000 10 ton 11 767.561 3.000.000 1.000,000 1.000.000 10 (Providence) Public Fire (Newark) Reliance Ins (Phila) 412,146 73 68 5,533,892 1.000.000 1.000.000 745,001 6.000,000 17,404,286 25 (Phila) Phoenix Ina (Hartf)— Providence - Washing¬ "blla Nat e Nat Union Ask. Bid. e Falls Hudson * (Milwaukee) 4,753,259 64.654 - . Fire & Marine— Occidental Ins (S F).. Pacific Fire (NY):... 112,932 476,114 - Reserve. Capital. North westernNatlonal 18,392,366 5,085,899 1,707.356 10 1 - 10 /1.000.000 740,454 Voting trust c — ) 765,024 Olty of NewYork(NY; 100 1,500,000 200,000 10 26,045 Oelonial States (N Y). Commonwealth (N Y.) 100 1,000,000 2,572,837 4,823,990 19,580,601 Continental Ina (N Y.) 2% 100,000 6o 342,373 Corcoran (W ash'ton). 10 200,000 590,136 Oosmopol n Fire (NT ) 815.000 921.922 Eagle Fire (Newark -2 hi 10 2.000.000 8,433,319 Federal Ina (Jer Olt,,) Fldelity-Phenix (NY). 2hi 3,464,825 12,850,518 10 2,000,000 3,621,953 Fire Aaaoc of Phil ) 20 217,070 1 200.000 Fireman's (Wast 26 7.500,000 6,698,489 ) 6 9.397,690 11,288,020 6 3,000,000 2,581,040 Glen Par Ask. Bid. Reserve. share 7.500.000 3,000,000 3.000.000 Premium 1932. Premium % % Fire St Marine— Dec. 31 1932. Unearned Dec. 31 Unearned Par h In liquidation. c Including 400 shares no par A^Last sale, t New stock, 750,000 1,555,235 35.786.804 4,597,931 131,544.229 15.054,842 533,361 102 no 27 29 61,358,302 375 425 6.527,542 3,500.000 74,419.651 1,245,341 132,934.599 19,232.929 241,430 1,289.008 25.229.471 377.901 11,709.654 5.997,946 515,231.017 18,139,869 559,335,165 298,305 19,061.735 general management stock carried at $2,000. v Ex-stock dividend. V Ex-rights, 40 '"3% 4% ...... "l4" 2 3% 370 420 345 1 90c ( 330 85c a All stock owned t No par value.