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BANK/QUOTATION
RECORD
RES.

FEBRUARY

U.

S.

PAT.

i!
'

0PRICE

IN RETROSPECT

Page

F!!|

1

.

Cotton.

9

.

Federal Reserve Bank-

I

Page

Hides and Leather

.

_

_•

Iron and Steel Trade

14

Money Market

15

New

11

16

Petroleum and Its Products

Security Issues

5

Rubber

17

Textiles

8

Stock

Exchange--.

_

_

Chicago Stock Exchange

Detroit Stock

9

United States

9

Treasury Financing

...

11

_

Exchange

_

Exchange.

___

____

_

Page

57

New York Curb

58

New York Stock

Exchange—Bonds

19

Exchange—Stocks

31

Exchange

41

54

New York Stock

59

Philadelphia Stock Exchange

60

Pittsburgh Stock Exchange-__

66

64

San Francisco Stock

62

_

Exchange

Los Angeles Stock

9

___

_

STOCK EXCHANGE QUOTATIONS

Boston Stock Exchange

Cleveland Stock

7

.___

Page

Baltimore

8

.___

12

Grain—Coffee-

INDEX TO

I

i

|i

61

Exchange

INDEX TO GENERAL QUOTATIONS
Page
Banks and Trust

Companies-

Domestic

102

Domestic

111

Canadian

-.

Canadian

Exchange Seats

92
94

84

Public Utility Bonds.

Federal Land Bank Bonds

92

Public

Foreign Government Bonds

93

Railroad Bonds.

Industrial Bonds

81

Railroad Stocks

85

Real Estate Bonds

Insurance Stocks

100

72

Joint Stock Land Banks—

Securities

84

_.

85

_

IMZazrcIb.

WILLIAM

B.

William

78

67
71

101

Real Estate Trust and Land Stocks

85

Textile Stocks

85

Title Guarantee and Safe Deposit

Mill Stocks—see Textile Stocks—

Mining Stocks.

73

Utility Stocks

Industrial Stocks

Investing Companies Securities.

ii.

Page

Municipal Bonds—

DANA

Stocks.

92

United States Territorial Bonds

92

7,

1940

COMPANY,

Street, Corner

of

85

United States Government Securities.

PUBLISHERS

Spruce Street, New York

,i.|l




ii»

V




Jfofje gepflsit and ^rust
—OF

Co.

BALTIMORE—

Capital $2,000,000

Surplus and Profits $4,196,364

gjINCE 1876 this Company has devoted

itself

exclusively to the management and conser¬

estates—specializing the whole effort

vation of
of its

Jt

is

business.
of the few trust companies in the

highly trained organization in this
one

^hich

country

has

never

engaged in general

banking, selling securities, etc.

Its Directors are:

Charles H. Babcock

A. E. Duncan

Edwin G.

William L. Galvin

Baetjer

William G. Baker,

Howard Bruce

*

Jr.

Robert Garrett
J. Edward Johnston

George C. Cutler

Blanchard Randall

Lyman Delano

Charles E. Rieman

/

BANK/QUOTATION
RECORD
REQ.

PAT.

OFFICE

March 9, 1928, at the

Second Class Matter,

as

S.

COMPANY, in office of Librarian of Congress, Washington, D. C.
Post Office at New York, N. Y„ under the Act of March 8. 1879

Copyright in 1940 by WILLIAM B. DANA
Entered

U.

Bank

Quotation Record

and

to

the

of

information

issued monthly.

Terms for the Chronicle

118

are

within the United States

per annum

Canada; $21.50 in South

and U. S. Possessions and Territories; $19.50 in

Mexico and Cuba, and $23

Central America. Spain.

in other foreign

countries.

a

Record is $12.50
Single copies are sold at

Bank and Quotation

The subscription price to the

Postage outside of United States extra.

year.

$1.50 per copy.
CHICAGO

*

on

European

developments coming through

Department

channels,

it

WILLIAM

than to have four

announced

that

European

William Street corner Spruce

Street. New York

Diplomatic

AND

FEBRUARY—COMMERCIAL

OF

The continuation

explorations of the possi¬

conflict in Europe, and

bilities of bringing peace out of the
intensification

the

of Congress, the

of the economy efforts

the Administration's

of

renewal

of

whole

produced little in

ments, either domestic

representatives \to
Roosevelt took
for the time
and

its

After dispatching two

the European situation, President

leaving behind

vacation cruise last month,

a

world-wide

reduction

ditions

not

defense—to

be

thrashed

out

Congress.

by

Although the national Legislature devoted most
this

to

progress

was

whether

the

successful

of

problem

made

in

Federal

finance,

of

would

economy

of its at¬
enough

not

appropriation bills

the

on

advocates

indicate

to

be

ultimately

efforts to reduce the President's budget

their

which

indicated

extended

be

the President hopes

his

as

by

personal

representative

Under-Secretary of

sending

was

to

can

Welles completes

the President.

announced

Feb.

on

Mr.

as

the President's

been

Continental

which is likely to remain

one

time

such

reports
as

Mr.

Taylor,

brought

President

the

no

to

Rome.

Europe,

The announcement of

ostensibly

for

the purpose

prevailing conditions,

on

conference

press

involved

Mr.

Welles

Great

and

President
ditions
tinued
Mr.

in

to

and

the

Arriving

in

Italian

velt.

and

the

Mr.

of

9.

the

and the allevia¬

Welles's tour of

gathering informa¬

In

a

prepared

state¬

the President explained

going to visit Italy, France, Germany

Secretary
The

State

of

President's

to

will, of
the

course,

name

the

of

made

to

Government

him

by

response

purpose

to

of

officials
be

the

of

of Mr.

pleas

for

adjustment that will follow the

peace

in

Rome

Feb.

on

described

communique

and

message"

autographed

covered

the

way

President

Roose¬

what Mr. Welles's

President's

the

secret

a

the

was

it—from

what

or

him

gave

No inkling, however, was given of

conversations

Welles

Under-Secretary

26,

Mussolini

Premier

with

message

' '

contained.

Republican and Democratic National Conventions
Whether Mr.

Roosevelt wrould try to be or would

candidate for

a

third term

not be

President was the political

as

plans

were

holding

for

laid

tain

liis

ence

on

on

reticence

5

Feb.

two

the question,

on

forbade

he

the

major

presidential

Mr. Roosevelt continued to main¬

nominating conventions.

at a press confer¬

and

reporters

to

query

him

again

According to action taken last month, the

the subject.

Republican National Convention will meet in Philadelphia
on

Democratic National Convention .will

June 24, while the

convene

tion

in Chicago on July 15.

campaigns

Taft

Attorney
the

are

laid out

Dew^ey,

Senator

of

pre-conven-

side, New7 York City Dis¬

Yandenberg

and

Senator

leading contenders for the designation.

the Democratic side there

host

Meanwhile the

by various bidders for the

On the Republican

nomination.
trict

were

candidates

On

is, perhaps, Mr. Roosevelt and
includes

which

Vice-President

a

Garner,

Secretary Hull, Senator Wheeler, Postmaster General Far¬
ley, Attorney General Jackson and Federal Security Admin¬
istrator

McNutt.
Congressional Action—Urgent Deficiency Bill

Aside

from

actions

its

authorization

loan

credits

additional

of

on

the

could

be

resolution

a

increasing

Export-Import
extended

to

the

Bank

so

that

Finland

for

non-

military purchases and a resolution extending the Admin¬

con¬

istration's

con¬

Congress last month devoted most of its time to consider¬

no

United

the

proposals
States.

by

of

these

to

negotiate1

bills.

appropriation

number

will

him

be

solely

final

the

recoprocal

Although

measures,

consideration

urgent

tions of

additional

authority

only

a

each

body
of

few

trade

pacts,

passed

them

a

received

Further¬

governments

communicated

com¬

or

information

on

Welles's visit, the President explained




to

that will

problems

present

as

Secretary of State.

its

in

of neutrals as

announcement

be authorized to make

the strictest confidence and will

other

Secretary

received

been

had

made

being

economic

the

Feb. 28, the

on

reactions

soundings

on

message—"an

ing
in

the President and

In

expressing

a

"solely for the purpose of advising the

Europe."

statements

more,

than

:

Welles

mitments

kept in

was

Britain

con¬

war

These conver¬
in so far as

war.

conferred

made by the President

was

Feb.

on

ment, which he read to the press,
that

him

sufferings might be assisted" by Mr. Taylor's pres¬

in

his

designation

with

more

peace

at

and

Dec. 23, presented himself at the Vati¬

liojje that "our parallel endeavors for
of

unanswered

whose

Pope

tion

Powers,

his mission

the

tion

Welles

personal representative to the Pope had

on

27, but

from

message

ence

XII,

Pius

Sumner

question which remained unanswered at the end of

a

month, and

until

States Steel

Pope

to

State

to conduct conversations with Western

the

all

question which faced the Nation last month as preliminary

to accomplish by sending My¬

C. Taylor, retired Chairman of the United

Corp.,

present

belligerent nations

to

conference

favorable

the

to

European

he recommended.

Abroad—Myron C. Taylor, Vatican Envoy

and

com¬

problems of future peace.

common

press

attitude

their
be

a

that

response

a

ron

involving

Matters

these preliminary conversations.

of

can

Under Secretary of State Welles Named to Study Conditions

What

been

have

character

emphasized

be

armaments.

of

part

a

course,

Later, at

figures and thereby avoid the necessity for the additional
taxes

of

they involve these two

corollary problems of Avhat to do about the farmer

tention

are

sations,

on

of definite develop¬

wray

being at least the Federal budgetary problem—

national

and

the

foreign.

or

survey

informal

an

should

It

governments.

pre-convention presidential cam¬

the

paign were the outstanding features of a month which
the

of

governments and will probably be continued with

neutral

that these conversations
involve no plan or plans, but are in* the nature of preliminary inquiries
relating to a sound international economic system and at the same time
neutral

FINANCIAL. EVENTS

Secretary

world situation:

of the

view

conversations

with

international economic

sound

a

a

directed

and

world-wide disarmament program.

a

Hull said that in

menced

REVIEW

of

nations,"

all

for

about

bringing

to

with

made

been

already

view

a

peace

restoration

the

system and

had

with

lasting

of State Hull

Welles's visit, Secretary

contacts

neutrals

After the President's

capitals.

as many

announcement of Mr.

toward

Drapers' Gardens, E.G.

COMPANY, Publishers,

countries

five reports from as many men perma¬

or

nently stationed in

"sound-* and

Smith, 1

DANA

B.

satisfactory to

more

was

report from one man after visiting.various

a

OFFICE—208 South La Salle Street.
OFFICE—Edwards &

LONDON

have

with the quality

that while he was satisfied

press

State

companion publication

The Bank and Quotation Record Is one of the
of the Commercial & Financial Chronicle and is

and

NO. 3

NEW YORK, MARCH 7, 1940

VOL. 13.

on

6).

became

bill,

(final

was

congressional

It was passed

law.

which

$57,541,300 and which

Feb, '12

Feb.

and

deficiency

One

carried

of

total

these

was

appropria¬

signed by the President

action

was

by the House on

completed

on

Jan. 25 and by

MONTHLY EEVTEW

2
Senate in

(he

Senate

the

to

$2,700,000 below those called
became
the bill

appropriations about

carried

1. The House agreed
As enacted, the bill

amended form on Feb.
amendments Feb. 6.

estimates.
Another measure which
when the President signed it on 1 eb. 12 was
budget

in

for
law

appropriating $252,340,776 for emergency national defense
neutrality expenditures during the current fiscal year.
This measure was $19,658,747 below budget estimates.

and

Appropriation Bill

Naval

defense expenditures
would not be immune from Congress's economy endeavors
came on
Feb. 16 when the House passed a record peace¬
time navv supply bill providing an
appropriation of $965,772,878 for the next fiscal year.
While this appropriation
was
$50,412,000 above the same appropriations for the
current fiscal year, it nevertheless represented a reduction
of $112,699,699 from the President's budget figures.
The
cuts in the bill, most of which were made by the House
Appropriations Committee, which reported it on Feb. 13,
represented appropriations which would not actually be
needed in the next fiscal year, but which will probably be
required in the fiscal year 1942. The $1,000,000 sum recom¬
mended by the committee for the improvement of the har¬
bors at Guam, although smaller than that requested last
year, was again deleted on the floor of the House.
Ad¬
ditional national defense funds were provided in the $203,472,567 bill for non-military functions of the War Depart¬
ment
which the House passed on Feb. 29.
As approved
by the House, the measure was $16,609,134 under budget
estimates, bringing to about $286,000,000 the amount thus
far saved in requested. appropriations by the House.
The
slashes in the $1,300,000,000 authorization bill for a 25%
tonnage increase in the Navy, previously decided on, were
given official and unanimous approval by the House Com¬
indication that national

further

A

mittee

In approving a $654,-

Naval Affairs on Feb. 14.

on

902,270 two-year naval expansion program the committee
cut the originally requested authorization by about 50%.

bill

the

House action on the bill followed testi¬
mony
by Jesse H. Jones, Federal Loan Administrator,
before the Banking and Currency Committee that he still
considered Finland a good credit risk.
The bill was sent
to the President on Feb. 29 after the Senate accepted minor
House amendments.
It was Signed March 2.
Federal Loan
Administrator Jones announced March 1 that the ExportBank

Finland,

to

also had

and

allocated $20,000,000 for an additional

had

Import
loan

made a $15,000,000 loan to Sweden,
$10,000,000 loan to Norway.

had

made

a

Reciprocal Trade Agreements

question of the tariff was injected into congressional
debates in February with a vigor which lias largely been
absent since the rise of the New Deal and its initiation of
The

a

Congress began consideration of the

renewing

of

question

Justice and

for State,

Bill

Commerce

important bill passed by Congress last month
appropriation for the State, Commerce and Justice
Departments and the Federal courts.
The House on Feb. 8
voted $107,225,660, .and the Senate on Feb. 26 cut the ap¬
propriation for these departments to $107,079,000.
The bill
the

then

was

both

in
for

the

sent

to

Attempts

joint conference committee.

a

House

Senate and

the

delete

to

the

appropriation

salary of the United States Ambassador to Russia,

and

thus

sion

of

the

evidence

Finland,

displeasure

before final

defeated

were

the Soviet's

over

inva¬
The

passage.

stable

Republican bloc, thus giving rise to one of the first clearcut issues between the two major parties since 1933.
By
216-to-168

a

vote,

party

House

the

23

Feb.

on

a

ments

the House refused to amend the resolution so that

measure

the

strictly

resolution extending the Reciprocal Trade Agree¬
Act for three years beyond June 12.
In passing the

passed

pacts would have to be approved either by both houses

by the Senate before becoming effective.
In the Senate,
it was believed that there would be defections in

or

however,

Administration's; ranks,

the

doubts

and

expressed

were

whether the Administration would be able to muster enough
votes

all

subject

negotiated
by the Senate.

Votes Additional

House

29 that

Hatch
that

the

ratification

two-thirds

a

$50,000 to Continue NLRB Inquiry

legislative

recoprocal

the

of

trade

this session would
appropriation bills,

at

program

of action

on

and

resolution

renewal

of a measure strengthening the provisions of the
anti-politics bill, it was considered quite i>ossible

Congress would

action

take some

Labor

National

the

to

Senator Barkley, majority leader, indicated on

Although

passage

would make

amendments to the bill which

defeat

to

pacts

passage

Another

was

to

peace," have been opposed by an almost solid

Feb.

Departments

authority

"an indispensable part of the foundation of any

were

and durable

consist only of completion

Appropriation

Administration's

the

negotiate the trade treaties.
The reciprocal treaties, which
President Roosevelt in his annual message to Congress said

by President Roosevelt.
of

The occasion for

of reciprocal trade treaties.

program

the debate arose when

Representative Vinson, Chairman of the committee, said on
Feb. 6 that the bill had been approved in its reduced form

Passage

House vote, 168 to 51 in

and the

49 to 27,

was

favor of passage.

Relations

Act

amendments
adjourns.

on

before

to

it

A

special House committee, headed by Representative Smith,
has been inquiring into the records of the NLRB and some
of

activities

the

of

of

desirability

passed

resolution

a

with

additional

Board

the

changes

would

seem

law.

Although

the

in

to

the

suggest

House

the

Feb. 23 giving the committee $50,000

on

which

continue

to

its

investigation

of

the

NLRB, the committee suspended public hearings the latter

anticipated Senate action on the House's $66,900,000 reduc¬
tion
(reported in the February issue) in the President's

part of February to enable it to draft preliminary recom¬

''bedrock"

which

estimates

of

the

agricultural appropriation was
not forthcoming last month; instead, it was reported that
Senate farm bloc leaders were willing to defer action on
the

measure

cut

from

until

defense

it

was

determined

if

could

enough

be

appropriations to raise the subsidies for

mendations

House.

the

is

House.

the

supply

was

House

the

separated; and that the unit of representation be
than be left to the board
present.

at

Other

the

bill

In

ure.

was

the

had

been

passed

Treasury-Post

by

Office

$1,032,784,115.
The
$629,503 of the $11,491,000 reduction made
the House.
Another major appropriation

by

by the Senate
passing

$39,506,261

of

this

the

was

bill

on

reduction

Feb.
as

8

the

made

Senate

by

the

restored

House

on

While
about
tions

House

this

left^the bill still under budget estimates by

$55,010,945, the total exceeded comparable appropria¬
for the current
year
by $23,247,596.
The largest
cut restored by the Senate' was
$39,000,000 to finance

Maritime

Commission

particular political

contracts

interest

was

already

under

Of
Senate

way.

insertion

by the
of $710,000 in the bill for the National Resources
Planning
Board, a New Deal agency whose funds had been deleted
by

the

House.

conference
went

to

Congress

on

The
Feb.

conference
Passes

Export-Import

independent offices bill was sent to
13, and the Treasury-Post Office bill
Feb.

on

Resolution

Possible

Loan

Authorization

Non-Military

Loans

Wagner

struction

of

Roosevelt's

the

subjecting
ment

by

of

by

$10,000,000

a

experimental

the

House

Rules

regulations

and

other

Federal

House

Feb.

on

of

9

civil

service

agencies

now

exempt

an

decision

A

of

defer action

to

Silver

the

Senate Banking

the

a

new

transmission
President

Feb.

20

befose

office.




on

President

7

and

on

bill

a

agencies

independent
bill

number

the

Work

to

Govern¬

which

extends

of

300.000

Projects

Admin¬

it

on

extending
State

In

the

Hatch

Act,

to

budget in

the

years

which

in

outgoing President would
have

would

until

Congress.

of

Elections
which

the

Frazier-Lemke

Committee

outlaws

receive part

the

bill

Feb. 28 of the amended bill to extend for four

Senate

employees who

Federal

Feb. 20 of the $90,000,000 first deficiency bill.

the

addition

13

bill designed to change the date

a

the

provisions

mortgage

by

19 of

Under

to

Passage by the House
farm

Feb.

on

repeal provisions of the 1934

but the incoming President

usual

as

sending

on

the

Feb.

on

Congress of the

Passage by the House
years

to

takes

the budget

prepare

to

of

on

Act.

Feb.

"pernicious

their pay

from

of

23

political

a

bill

activities"

Federal

funds.

signing by the President of the bills

service

vote

by
con¬

authorizing the Treasury to buy foreign silver.

Passage by the House
of

military purchases

Senate

Feb.

on

boards

Ranispeek

to

other agricultural purposes.

The

line with

Currency Committee

and

the Townsend resolution

on

Purchase Act

House duplicated the Senate's extended consideration,
finally passed the bill on Feb. 28 after rejecting amend¬
ments designed to permit Finland to use the credits for

this country.

Federal

for

istration.

but

in

and

day

same

estimated

except

The

increases the

in

the

on

the

to

the

which

of hospital

the

on

Committee

of

restrictions

executive

of

employees

the

$100,000,090

$300,000,000 Federal

a

program

basis"

mentioned above, he also approved

by

of

1

and improvement
introduced

capital of the Export-Import Bank
and which is designed to permit an ad¬
ditional
loan
of $20,000,000 to
Finland.
After
a
timeconsuming study, the Senate passed the bill on Feb. 13.

hill

would

that

proposed.

was

placing

the

classified

Approval

month, Congress did not speed up its consideration

"an

on

bill

a

agencies.

Passage

Finland

Although Finland, after fighting valiantly for more than
two months, slowly gave way to the Russian invasion last

George,

orders
and

review

court

the

action

Feb.

on

bill

another

In

hospitals

included:

of

voluntary mediation of employee-

for construction

suggestions

Favorable

18

within the jurisdiction of the NLRB.

now

and

month

Feb.

on

for

by Senator Mead

program

Senators

board

Federal

facilities.

sanitation

of
to

introduction

The

last

Senator Wagner

three-member

a

long-term loan

1G.

Increasing

Bank—Makes

by

emplover disputes not

the independent offices meas¬

18, thus putting the total of the bill at $1,139,693,258.

Jan.

create

Congressional Activities

congressional activities

introduction

The

was

carrying appropriations of

bill

voted

these

which

passed by the House Jan. 25; on
passed by the Senate, which returned it to

Senate restored
in

of

bill, which

15 it

Feb.

One

measures

the

board be

During the month under review the Senate adopted only
appropriation

That

are:

decided upon by Congress rather

Other

few

recommendations

the

to make

three-member board be replaced by a five-member
board; that the judicial and administrative functions of the

Treasury-Post Office Supply Bill—Independent Offices Measure

a

Among

expected

present

as

the farmers,

to

committee

the

a bill on Feb. 2 extend¬
ing for another two-year period from June 11 the authority

of

the

of .first

the

Land
and

Bank
second

Commissioner
mortgage

purchase of farms,
salary
was

rate

of

to

loans

to refinance

continue
to

assist

farm

the

in

debts,

making

financing
and

for

A bill providing an increase in
letter-carriers in the village delivery

vetoed by the President on Feb.

13.

Passes

House

$203,472,567

of
Canal

Build Additional Panama

to

Locks Denied

passed and sent to the Senate an
appropriation bill carrying $203,472,567 fur the non-military
activities of the War Department.
The appropriation is
$16,609,134 below President Roosevelt's budget estimate.
The House backed up its Appropriations Committee by
Feb. 29 the House

On

failing

to

000,000

$15,-

President Roosevelt's request for
appropriations and $99,300,000 in

restore

direct

in

con¬

authority to begin construction of a third set of
locks at the Panama Canal.
As the bill was reported to the
tractual

House

it carried only $850,000

Feb. 27 by the committee

on

be used for

to

Temporary

locks;

plans and specifications for the new

this amount the House
National

approved.

Economic

Committee

Defer Final Report

to

Until After November Elections

Temporary

avoid

who said the decision was made to

mittee Chairman,

unanimous

viction

of

campaign.
Senator O'Mahoney
said that many reports on particular phases of the com¬
mittee's investigation would be submitted to Congress about
involvement in the political

four

Florida

robbery and murder of
On

Feb.

26

white

only

were

establish

a

to

26,

In

legal

the

of

Black rendered

majority decision reversing a decision of

a

Appeals, contending that it based
Waterman Steam¬

union discrimination order against the

ship Corp. of Mobile, Ala., on "mere suspicion" instead of
"substantial

evidence."

In

Board's

the

upholding

order,

the

Supreme Court directed the company to offer reem¬
ployment, with back pay, to a group of seamen who, ac¬
cording to the Board, were discharged after changing their

Labor to

membership from an American Federation of
Congress of Industrial Organizations union.
Another

which

case

not

Arkansas

in

the

minority

enjoined

Feb.

on

actual

the

12

decision
opinion.

was

im¬

for

the

Under

the

as

from

imposing a tax on
of 20 gallons) carried in the fuel tanks

buses

if

which

in

the

the

question

they

gasoline

declared

"the

of

trade among the

for

were

in

use

other

States"

that

the

courts

constantly increasing barriers
to Congress.
"Spasmodic and

intended by the Constitution," the dissenting justices
declared.
merce

Another loophole in the tax law

Supreme
of

advices,

Supreme
T.

conviction
of

the

for

fine.

He

Court

within

New

on

New York when

of

conspiracy to sell judicial favors when he was senior judge
Circuit Court of Appeals at New
York.
Judge Manton

Federal

sentenced

was

simply because it provides for price-fixing.
Feb. 26 declined a plea from Federal Judge
it refused to hear his appeal from a

Court

Manton

the

from

unconstitutional

The
Martin

is

York

in

June

to

serve

permitted to
25

file

a

two

years

petition

prison

in

for

a

and pay a $10,000
rehearing by the Supreme

days.

Appellate Division Denies Immunity to Lawyers in Court

Court

Involved

in

decision

a

was

rendered

plugged

family trust which George

a

Minneapolis set

B.

by the

up

Feb.

on

New

York

Appellate Division in Brooklyn, in what
has been termed an unprecedented decision, ruled on Feb. 8
attorney who in the future invokes his constitu¬

an

self-incrimination and refuses to
by the courts shall be
disbarred.
The ruling, which was rendered by a majority
of three to two, asserted that this was a question of vital
importance to the bar and the public alike, and one that
"some day should be answered with finality."
The new
policy will only apply to investigations by the Appellate

privilege

testify

Division

26.

The

Clifford

against

investigations conducted

in

"to

Jr.

and

unlawful

uncover

Federal

Judge

unethical

practices im¬

of justice."

pairing the due administration

Government's Plea for Injunction

Refuses

Against

Chicago Dairy

Federal

Judge Charles E. Woodward on Jan. 31 refused
request for a temporary injunction to

Government's

the

force

Chicago dairy to comply with a Federal milk mar¬

a

keting order or go out of business, it was reported in the

Chicago "Daily Tribune" of Feb. 1. The ruling, it is noted,
the first setback for Secretary of Agriculture Wallace

was

in

his

efforts

current

ducers

in

the

to

regulate milk handlers

and pro¬

Chicago area.

should

unrelated instances of litigation cannot afford an adequate
basis for the creation of integrated national rules which
alone can afford that full protection for interstate com¬

case

for the products, Washington
of Commerce" reported.

"Journal

York

dissent

a

Justices Black, Frankfurter and Douglas rendered

dissent

leave

for

was

gasoline (in excess
interstate

decided

was

much

so

contained

statements

to

The constitutionality

law.

minimum

price

the New

strong

The

Court Decisions

few important United States Supreme
in February.
One more vic¬

a

the Fifth Circuit Court of

States.

a

majority opinion, Justices Frankfurter,
Black and Douglas contended that the matter should not be left hanging
over next
year's crop, but should be decided by the court now.
The minority took the position that the Florida law is "obviously con¬
stitutional," a position which the majority did not challenge, but appeared
on
the other hand to confirm in contending that an Act is not to be con¬
a

tional

a

de¬
the

^

by

Court,

Supreme

the operation

Feb.

that

of

for

of the law was
The law was intended to protect
citrus growers of the State against unduly low prices for their products
by authorizing a commission, upon complaint of 50% of the growers, to
against

tory was added to those the National Labor Relations
Board has obtained from the court on Feb. 12 when Justice

decision

man.

death

questioned by independent fruit canners.

Court decisions handed down

portant

12

Feb.

on

to

Investigations
United States Supreme

a

sentenced

were

5-to-3 ruling, refused to pass
upon the constitutionality of the Florida cost-of-production law, returning
the case to the lower courts for hearings on the precent injunction order
the

March 1.

There

Justice Black

police methods and reversing the con¬

who

Negroes

a

by

down

handed

decision

nouncing the "secret, inquisitorial"

sidered

National Economic Committee will not
issue its final reports until late in November or December,
it was announced on Feb. 6 by Senator O'Mahoney, Com¬
The

A

Functions

Non-Military

for

Bill

War Department—Funds

,

3

REVIEW

March, 1940]

Allegations by Federal Government Against Southern Pine Associa¬
tion and others Under Anti-Trust Act

Fines totaling

in

organizations
tion

is

the

distribution

and

1 heir

$12,000 were imposed in the Federal Court
on
Feb. 21 against three of the largest

Orleans

New

at

with

country identified
of Southern pine

produc¬

the

lumber

following

pleas of nolo contendere to an indictment alleging, it
violation of the Sherman Anti-Trust Act.
From

said,

United Press accounts from New

the

Orleans, Feb. 21,

we

take

following;

and the income from which was to
be paid to Mrs. Clifford: upon the termination of the trust

Southern

Pine

the

duction,

orders

estate.

by "approving" certain dealers,
inspections, agreeing on price standards and
other practices controlled the industry in Virginia. the Carolinas,
Georgia,
Florida, Alabama, Mississippi, Louisiana, Texas, Oklahoma and Tennessee.

up,

property was to be restored to Mr. Clifford or his
In holding
that "the transfer made by the tax¬
payer
(lid not in any real sense change his economic
position," the court said that Mr. Clifford's trust "furnishes
taxpayers

precisely

the

has been assiduous in
the court

Mr.

upheld

type

loophole

of

which

attempting to prevent."

result,

a

$2,756 deficiency tax assessment against

a

involving the NLRB last month the
ruled that the Wagner Act empowers

court

unanimously
only the NLRB, and not labor unions, to take the initiative
in
compelling employers to comply with NLRB orders.
This case, which was decided on Feb. 26. arose when the
Congress of Industrial Organizations Amalgamated Utility
of

Union

brought suit in

Appeals charging the

York
not

with

the

Second

Consolidated

Circuit

Edison

Court

of

had

with

Labor

a

directed.

The

Board

order

as

the

last

order

Apex

Hosiery

Co.

Full-Fashioned

by

striking
A

had

of

I.

O.)

for

damages

on

the

on

Feb.

5

bond

of

holding that

private

a

postmaster

a

without

mail

the

allegedly caused

user

cannot

consent

of

sue

the

for

Gov¬

ernment.

As

to

this, Associated Press advices, Feb.

"Justice

Reed

delivered

the

opinion

United
are

against

loss

of

case

funds

and

the

Eighth

Circuit

a

Government's

high court

affirmed dismissal of the suit

by the

Court.

"Justice Reed said:

handled

damage suit brought by the Midland Loan Finance
Patrick J.
Malone# Acting Postmaster at

against

The

through

'.Congress intended that claims

the Government

individuals.' "




rather

on

than through

the

bonds

various

alleged

did not

the

and does not admit any

complaint

such illegal activities.

laws, but rather than interrupt

program

the
pro¬

Southern

filed

the

by

resulting confusion

or

illegality

Government,

The Association

has

never

in contravention

hinder the Association's

of benefits and service to the industry, and to obviate

large expense that might

any

in

does not desire to undertake any activities

undertaken and

in

scribing manufacturers,

by protracted litigation, with the

be caused

the industry and uncertainty on the part of sub¬
the Association thought it wise to enter into the

decree.

United

ton.

Diamantopoulos New Greek Minister to United States

Diamantopoulos,

Mr.

would

suits

by

the

new

arrived in New York

States,

on

Greek
on

Minister to

the

Feb. 3 aboard the

the way to his post at Washing¬

Diamantopoulos said

he was proud to represent
America and would do his best to further the

good relations between

the two

countries.

Senate Confirms

Appointment of Three Ministers to Foreign Coun¬
tries—Also Approves Reappointments to Federal Reserve System
The

Senate

on

Feb.

9

confirmed

President

Roosevelt's

appointments (on Feb. 7) of George H. Earle 3d as Minister
to Bulgaria, David Gray as Minister to Ireland, and Louis
G. Dreyfus Jr., now Minister to Iran, to he also Minister to

Mr.

Afghanistan.
post
On

involved

Minneapolis

Montgomery, Minn.

be

of

upheld

'to furnish security to the
property for which postmasters
was

responsible.'

"The
Co,

States

5, 6aid:

which

argument that the sole purpose of the bond

true

in part:

sponsor any

of the anti-trust

widespread

as

his country in

agreeing to review a suit, brought by the
Philadelphia against the American Federation of
(C.

the

after

Greek lir-er Nea Hellas

26

Hosiery Workers

not

Kimon

workers.

decision

damages

Feb.

on

did

and

Circuit

included:

month
issued

activities

its

Kimon

Supreme

An

in

was

that the Board
exclusive power to prevent any unfair labor practice.
Other decisions and rulings handed down by the
Court

reflect

New

held

court

Pine Association and
distributed reports on

and

did not

the defendants,

that

lumber

Southern

the

"which

The statement issued in the matter by the Southern Pine

consent

Co.

being in contempt of that court because it

complying

Court

and

that

Exchange compiled

shipments

The Southern Pine Association

another decision

Workers

and

Association follows,

Clifford.

In

charged

Lumber

industry,'

pine

grade-marking

Congress

As

indictment

The

Feb.

on

Feb.

Florida

7

the

Earle,
was

President

Minister

to

who

former
also

was

into

sworn

Governor
nominated

of

David

Ireland,

nomination sent to the Senate for confirmation
was

that

Minister

of
to

Afghanistan.

Louis

Iran,

his

new

Pennsylvania.

succeeding John
recently made Ambassador to Belgium.

as

who was

14,

Gray of,
Cudahy,
Another

(on Feb. 3.)
G. Dreyfus Jr. of California, present
also to hold the title of Minister to

MONTHLY REVIEW

4

Marriiier S. Eccles and Chester C.

The renominations of

Davis

Governors of the Federal

members of the Board of

as

Feb. 9.

System were approved on

Reserve

the

By this means, it is evident, the liquida¬
tion of such holdings will be stimulated, and the British

Murphy Sworn in

Associate Justice of Supreme Court

as

his service as an Associate Justice
Court on Feb. 5 after taking
administer justice impartially.
The judicial

Frank Murphy began

of the United States Supreme

oath

an

to

Charles Elmore Cropley, Clerk of the
Court, and was witnessed by seven justices and many
friends of Mr. Murphy.
Justice Black was absent because
oath

by

given

was

of

illness.

C.

R.

Under-Secretary of Agriculture, Succeeding

Wickard Named

M.

L.

Wilson

1 the
Claude R. Wickard of Indiana to be Under-

Roosevelt

President

nomination of

all

Senate

the

to

sent

Feb.

on

but before the order was issued the owners
to liquidate at their own discretion, sterling

authorities,
free

dollars.

received

Treasury

British

the

while

paid

of this voluntary nature was

that liquidation

is known

It

British

holdings

were

by

$4.03^2-

to be made in sterling at a rate of
already were registered with the

paments

Such

will be paid levels indicated

60 stocks

the

quotations of the previous market session, with

final

the

being

>

of

Owners

exchange for the purchase

added

States of airplanes and other war supplies.

United

the

in

obtain

will

authorities
Frank

British holdings of 60 selected

all

of

requisitioning

American stocks.

tending to diminish early this year, and the assumption
seems
warranted that acceleration of the process is the

There will be no "dumping" of the

aim of the latest step.

Orderly liquidation is

issues, it was stated in London.

Senate confirmed the appointemnt on Feb. 15.
Mr. Wickard was named to succeed
M. L. Wilson, who resigned to become head of the Agricul¬

60

tural Extension

previous months.
The list of stocks is a representative one,
ranging alphabetically from Allied Chemical & Dye to
Texas Gulf
Sulphur.
There were noteworthy omissions,

Lewis

The

of Agriculture.

Secretary

Service.

Compton Takes Oath of Office

as

Assistant Secretary of the

Navy

Lewis Compton

of New Jersey took the oath of office as

Secretary of the Navy on Feb. 9.
He was sworn
in in the presence of Secretary Charles Edison, Admiral
Stark, Chief of Naval Operations, and other high Navy
Department officers.
President Roosevelt nominated Mr.
Compton for the post on Jan. 25, and this was confirmed by

Assistant

Senate

the

such as American Telephone, U. S. Steel, Bethle¬
and General Motors.
It was stated in London

however,

Steel

hem

stocks

that

was

own

financial

~

~

Col. Fleming

as

market

did not affect prices.
Swedish

Wage-Hour
-----

appointment of Colonel Philip B. Fleming as Admin¬
istrator of the Wage and Hour Division of the Department
of Labor was confirmed by the Senate on Feb. 19.
The
nomination
on

sent

was

Feb. 13.

The

the Senate by

to

before Colonel Fleming could assume

He

passed.
ber to

his full title has been

originally named Administrator last Octo¬

was

Elmer

succeed

President Roosevelt

legislation required by Army technicalities

F.

Andrews.

after

officially assuming the
Fleming issued a warning to
in order" to avoid employee
the minimum-pay standards

title

In

James J. McEntee
15

to

Director

statement

Administrator, Colonel

as

nominated

was

become

first

employers "to put their houses
suits for unpaid wages under
of the Wage-Hour law.

J. J. McEntee Named Director of Civilian

Feb.

his

of

Conservation

Civilian

Conservation

Mr. McEntee, a native of Jersey City,
Executive Assistant Director of the CCC since it
in

April,

1933, and served

been

had

estab¬

was

Acting Director

as

since

the death of Robert Fechner last December.
Strike of Credit

About 100 employees of the Credit Clearing House of New
a

four-week-old

nounced in

strike.

12 after settlement of

Feb.

on

Settlement

of

the

strike

was

President of Local 16 of the United Office and Professional

America, Congress of Industrial Organizations.

The agreement

between the two groups provided wage in¬
creases for all employees, a union
shop, arbitration.of griev¬
ances and vacations and sick leave with
pay, according to
the

joint

statement.

determination

to

Both

establish

sides

expressed

harmonious

the

in

measures

reflected ln

are

and

sessions,

brief

two

ever

regulations

the

26. A
provided the

placed in effect at the start of business Feb.

were

occasion
either

capital

of

flight

developing

Sweden

from

while the threat of involvement in

the move,

for

part in the

both of Europe's wars also played a

or

Remaining reserves of Swedish gold and foreign

decision.

exchange are ample, and it appears that Swedish authori¬
ties are determined to keep them so.
Prior permission of

obtained, under the new regulation,

Riksbank must be

foreign exchange.
The importation of
securities, and trading in imported securities, likewise are
for

in

dealings

covered

regulations.
Swedish kronor bal¬
nationals and by "non-residents""

Riksbank

by

owned

ances

other

by

transferrable, although a general watch ap¬
be exercised.
The gold export prohibition,,
finally, wa3 made definite and all-inclusive.
Trade rela¬
tions may
come
under official control if the financial
measures do not suffice, it was intimated.
will

be freely

an¬

joint statement by Joseph A. Kavanagh, Exec¬
utive Vice-President of the company, and Peter K.
Hawley,
a

Workers of

neutrals

parently is to

Clearing House Employees Settled

York City returned to work

Increasing financial difficulties now encountered

European

the

by President Roosevelt

the

Corps.
lished

Corps

t

Control

Exchange

by the
closer- regulation
of international trade and finance.
The Swedish authori-^
ties found it necessary to apply restrictions, Feb. 24, on
the exportation
of capital and on dealings in gold and
foreign exchange.
The Riksdag, or Parliament, ratified

—

Administrator

r

The

step in Washington, while in our
the British action was well under¬

by the

-

Confirms Appointment of

Senate

No con¬

time, as circumstances dictate.

to

caused

cern

be added to the

the 60 issues will

than

other

time

from

list

stood and

Feb. 2.

on,

aim, it was added, while a second is that of assuring a
sales volume which
would be at about the average of

one

"common

a

relationship in

the

future."

American

Diplomacy

diplomatic machinery was started in motion during
February by President Roosevelt, with respect to the great
Fresh

in

now

war

latest
ment

made

was

in Europe, but the real intent of the

progress

presidential

remains obscure.
Announce¬
President on Feb. 9 that Under-

measures

the

by

Secretary of State Sumner Welles would visit a number of
Mr.

the

and

Roosevelt

order

in

countries

European

gather information for
of State.
Italy Ger¬

to

Department

France and England would be visited in turn, accord¬

many,

of advising the
Mr. Welles, it
authority to make proposals

ing to the statement, solely for the purpose
Toledo, Ohio, Gas Workers' Strike Settled

Administration

The Toledo gas strike, called Feb. 1
by Local 12024
and By-Products, Coke and Chemical Workers
Union,

of

gress

Industrial

Gas

and

was

ended

the

Northwestern
Feb.

on

year agreement
pany

officials

matically
strike

Feb.

were

Ohio

Natural

of

3%

Gas

Ohio

Fuel

The

1

and

back

Feb.

on

provides

June

1,

12.

for

an

of

com¬

to

jobs, and

full

In

reporting

the

increase

Eastern

in

1941.

3%

Features

include

some

time between

incorporated in

recognition

of

the

the

Railroads Denied Extension

of

Feb.

15

denied

to have expired on Jan. 24, but had been extended until
March 24 to permit hearings on the carriers'
petition.
The
maximum rate for coach travel on March 24 now will
revert
to a basis of 2c. a mile.
The basic rate of a maximum

3c.

a

mile

for

travel

in

Pullman

cars

will

remain

un¬

changed.

liner

Requisitions United

States

Stocks

a

third term in

Welles

Mr.

Rex,

sailed

taries

was

Welles

the

trip

House

in

of

an

In

the

for

relations

i

■

■

world emergency.

accompanied by Myron C. Taylor,

without

the

misgivings

meanderings

World

War

in

United

the

was

Europe of

about
too

close for

com¬

business

was

Meantime,

regime
and

in

the

countries it was

European

United

the

of

Rome.

*




to

the

four

other information

Russian

order

or

Feb. 17 on the Italian

pointed out
that mediation by Mr. Roosevelt is anything but welcome.
Officially, only the most correct attitude naturally pre¬
vailed in European circles.
During the course of the trip
to Europe hints were dropped that Mr. Welles would en¬
deavor, among other things, to improve the diplomatic
fort.

Pacific, in the

18, in the form

viewed

not

performance

Feb.

on

and it can hardly be contended that the countries
about to be visited will be enthusiastic.
The resemblance

nounced

London,

was

national

a

Europe

States,

One of the European war developments that is of direct
and immediate interest to our financial markets was an¬
in

he

and

for

previously apiiointed the personal emissary of the President
to the Vatican.
The journey undertaken by these digni¬

in
Britian

which

mand for

Colonel
on

to the effect that the Presi¬
develop, with the aid of Mr. Welles, a situa¬
would occasion an apparent country-wide de¬
moreover, was one

dent hopes to

of

2)4-Cent Fare Rate

Interstate Commerce Commission

petition of the Eastern railroads to extend to Oct. 31 the
present one-way coach fare of 2y2c. a mile.
The rate was

of

easily

tion

Feb. 10 said:

immediate

union,
granting of sole bargaining rights, and provisions
protect¬
ing temporary employees.

The

conference, and he warned that conjecture might

his press

and

arrangement

Government.

the announcement at

on

conjectures,

accepted the two-

by union negotiators and

union will be granted the additional

April

to enlarge

refused

President

workers

members

promises another 3% if the rate issue
with the city is settled.
If the issue is not disposed of the

working

commitments in behalf of the United States

or

Companies,

explained, would have no

was

Con¬

Signing of the agreement auto¬

out

9.

resumed

agreement

the

conditions.

present

produce a false impression.
Needless to say, this
merely stimulated conjecture, as Mr. Roosevelt doubtless
was
aware
it would.
Among the most prominent of the

Union

striking

against

settlement, the Toledo "Blade"

"The
wages

10.

worked

on

started

operations

Organizations,

Gas

to

as

a

States

Mr.

course

Roosevelt

speech

President

vacation

and

But

Germany.

no

disclosed until the emissary arrived

at

blasted

Washington.

betook himself

journey to

the

on

the

Soviet
that

After
a

Caribbean

"secret""
and

the

of which he ostentatiously examined

Panama
chant

defenses

Canal

Rome on

in

arrived

Roosevelt

Mr.

of

emissaries

indulged his pen¬

privately

and

Navy vessels.

for fishing from

Both

MONTHLY REVIEW

"

March, 1940]

immediately
began to whirl.
Mr. Taylor, whose duties are confined to
•conferences at the Vatican, presented his credentials on
Feb. 26, and on the following day conferred at some length
with Pope Pius XII.
A letter delivered by Mr. Taylor,
and promptly published, indicated that Mr. Roosevelt hopes
for "parallel endeavors for peace and the alleviation of
suffering."
That this would be the intent of the Taylor
Feb.

25, and the wheels of the new diplomacy

mission

introduced

was

the

on

in advance, and no mystery

been made known

had

The visit of Mr. Welles,

by the incident.

hand, continued to arouse all sorts of inter¬
speculation;
It was pointed out that the usual

other

national

of

sources

remained

information

from all

open

the coun¬

the

account

5

and

endeavored

to

our

from
the

American

"interpretations"

came

of

first conversa¬

his

held

Under-Secretary

The

event.

centers,

as

step

a

made known on Feb. 26 that
omit their calls at Bermuda after
March 15, and references to the weather supplied the only
acknowledged reason for the change.
At though to empha¬
size the political aspect, it was stated on Feb. 27 that Ber-'

failing in his duties.

muda

It

was

would

be

omitted

as

port

a

call

of

only

east-

on

bound flights, the returning clippers to

continue their calls
at the islands.
Delays suffered by American merchant
shipping at British control ports were cut down consid¬
erably during February, and there was less complaint on
this

score.

Germany and the

Six

Not only from Europe, but from Japan and

South

force"

of

the aerial clippers would

and 110 faintest intimation had been given
Embassies had failed to function adequately in

this respect.

"show

the

excuse

enabling the clipper captain to surrender the mails without

tries concerned,

that

Unfortunately for the

eyewash."

"complete

Ambassador's reputation for veracity, Bermuda authorities
confirmed the Associated Press account on the same day

of

months

autumn

Allies

warfare

winter

and

now

have

been completed in the great war being waged between the
German Nazi Reich and the Anglo-French Allies, and the
actual military position remains little changed.
February
brought its quota of scouting expeditions on the front be¬
tween Germany and France.
On the sea and in the air

leader on Feb. 26, when he was
received by Premier Benito Mussolini.
It was promptly
disclosed, after the conference, that Mr. Welles had de¬
livered an "autographed" message from the President to
the Italian dictator, but no information was made avail¬
able as to the contents.
This produced a fresh flood of

the

imaginative accounts of the real intent of the mission.

all parts of

nears,
however, tension is increasing in
Europe, and especially in the belligerent coun¬
tries, where a violent offensive by either side or both is

of

view

tion

with

European

a

It
was pointed
out that there would be no reason to hide
the fact of the message, if the epistle had been merely one
formal

-endeavor

again

was

the controlled

in

cerned

The. belief that some sort of peace
the real aim gained ground,-but it was stated

greeting.

that

such

of the countries

newspapers

mission

a

would

little

have

con¬

of

chance

After

few

a

Rome, Mr. Welles left for the Ger¬

days in

capital on Feb. 28, but he lingered a day in Switzer¬

land

arrived

and

March

Berlin

in

1.

He

was

received

2 by Chancellor Adolf Hitler, and rather extensive
accounts of the course of the conversation were made avail¬
March

German

able from
view

presumably
intimated.

sources

been attacked
is

The "publicly known" German
expounded by Herr Hitler, these

sources.

was

According to this
the

and

question of

view,

war

or

Germany

has

therefore

peace

to the Allies.
The usual demand for "lebensraum"
made, with a German Monroe Doctrine desired for

up

was

Southeastern Europe.

would

which

situation

Britain

to

Assured freedom of the
leave

not

it

possible

"hunger blockade"

impose a

seas

and

Great

for

the Reich

on

a

com¬

another item, while return of the colonies "stolen"
from the Beich in the World War made up still another.
prised

Armaments

is

limitation

leader.

man

It

was

held

was

admitted

to

be

an

aim

in Berlin that

of

Ger¬

the

this

program

hardly one which the Anglo-French Allies could accept,

and

it

insisted that the

was

war

must

Mr. Welles

go on.

considered

submarine
and

activity,

suggestive of

peace

The
for

move

general

European

intensification

directed against

of

the

increased aerial and

the United Kingdom,

attempt to overwhelm the French Mogi-

an

If the Allies take the offensive, a

line.

military move

upward through the Balkans against Germany's rear,
a
move against Russian "oil
supply lines from the

sweep

and

of

Baku

The

area.

view

that

Allied

an

offensive

might de¬

velop in the Near East was tempered, in the early days of
March, by indications of Anglo-Italian friction.
Clearly
imperative, for any Near Eastern military operations, is
assured control of the Mediterranean.

Set speeches were made on Feb. 24 by the British Prime
Minister, Neville Chamberlain, and the German Chancellor,
Adolf Hitler, which possibly can be viewed as preludes for
vastly enlarged military operations.
Taken in conjunction
with the visit to the belligerents by the American UnderSecretary of State, Sumner Welles, these addresses may
also contain the germ of peace developments.
They were
bellicose, however, and appeared to offer few chances for
a
settlement short of that complete victory by one side
the other

over

dresses

latter

to somewhat
Now that

and

perhaps will be made- against the Limes line, but it was
considered more likely, during February, that a vast aggre¬
gation of Allied forces in the Near East might attempt a

ities,

received cordially, but not in a manner

mercifully

probable.

German

a

possibly of

vanquished

to visit France and England.
In the
countries, it was made fairly evident, he would be

less

take the form of sharply

would

war

than

more

that

was

returned to Switzerland after his talks with German author¬

and prepared

waged

was

spring weather

not

success.

man

struggle

greater effect, but hardly in a decisive manner.

which could

only mean devastation for the

and near-exhaustion

were

the only important

for

the victor.

ones

The ad¬
made by the leading

spokesmen for the antagonists in the course of the month,
importance to the contexts.
Other

which also lends added

speakers engaged in their usual patriotic forensics, designed
whip up sentiment against the enemy and encourage the
embattled peoples to endure their sacrifices patiently.
But

negotiations.

to
Neutrality

Troubles

Although the United States sacrificed important and
recognized international rights in the neutrality legislation
•of last autumn, in order to avoid friction which
might lead
to

involvement

our

in

the

European conflict, troubles

of

all sorts continued to afflict the

neutral
sisted

during

of

largest and most powerful
One of these vexations con¬

February.

growing hostility toward

Soviet Russia, occa¬
by the attack of Red Army troops on little Finland.
suggestion was made and finally enacted early in
a

Mr.

Chamberlain and

turnity

Herr

Hitler display

increasing taci¬

the war progresses.

as

Mr. Chamberlain presented the aims of the Anglo-French

Allies in

and well-ordered speech before his friends
at Birmingham.
He detailed briefly
the aggressions of the German Nazis which, he indicated,
a

grave

citizens

fellow

and

occasioned

the

war

declarations

last

September by

Great

sioned

Britain and France, and dwelt upon the formidable prepara¬

The

tions

March

for

increase

an

of

the

external

lending authority

of

the Export-Import Bank of Washington by
$100,000,000,
the real intent being to add $20,000,000 to the
equal sum

previously
way

be

available

United

to

are

to

States

course

a

also

the attacked

to

receive

various

thus

official

of

Latin

embarked

lending,

some

loans

money

American
ever

Nor¬

country.

handsome

funds, and it is understood that

made

The
on

Sweden

and

official

made available

of

may

countries.

more

decisively
notwithstanding the un¬

fortunate results which

usually attend that form of politi¬
diplomacy.
The authority to increase the
lending capacity of the Export-Import Bank was voted by

cal-financial
the House

on

Feb. 28 and the Senate

Roosevelt 'signed

the

on

Feb. 29.

President

March 2, immediately upon
his return to Washington from his Southern vacation.
British

provided

measure

interferences

with

American

shipping and

'mails

the

principal vexations suffered by the United
States, as a neutral.
Some of the reports of interferences
are
disputed, but it appears that no denial yet has been
made of a report of Feb. 15 that even mails between
the
United States and Colombia had been censored at

Jamaica.

Even

Kingston,

more

interesting and

Associated

Press disclosure

mails

been

at

had

the

removed

on

from

Feb.

22

aerial

surprising

was

that United

an

States

clippers at Bermuda

point of the

bayonet.
The lame explanation was
promptly made in Washington thlat our authorities had not
been

informed

Lord
stated

Lothian,
that

no

of this

the
such




use

of

British
incident

force by British authorities.
Ambassador to
had

Washington]

occurred, and he

called

in

by the Allies for war to the finish.
After dealing
general terms with such matters, Mr. Chamberlain de¬

clared

that

especially

the

at the

Nazis

aim

at

world

domination

and

destruction

of the British Empire.
In
contrast with the alleged German aims, he maintained that
Great Britain is fighting to right the wrongs that Ger¬
many has inflicted on people who once were free.
"We are
fighting for the freedom of individual conscience," said
"We are fighting for the freedom of
fighting against persecution, wherever
it may be found. . And lastly, we are fighting for the
abolition of the spirit of militarism and of that accumula¬
the

Prime

religion.

tion

Minister.

We

are

tof armaments which is pauperizing Europe and Nazi

Germany herself,

for

only by the abolition of that spirit
can Europe be saved from bank¬
ruptcy and from ruin."
In concrete terms, Mr. Chamber¬
lain added, England expected to achieve such aims by re¬
and

of those armaments

storing the independence of Czechs and

Poles.

satisfactory

be

tangible
that

will

and

pledges

evidence

must

Secondly,

forthcoming

and assurances, when they are forthcoming,
As in previous addresses, Prime Minister

be fulfilled.

Chamberlain asserted that no faith can be placed in the
present German regime, and he stated that it is for Ger¬
many to take the next step.
With obvious reference to the
United States and other leading neutrals, Mr. Chamberlain
remarked that the Allies do not want to settle the new

Europe alone, and will welcome the aid of others.
Chancellor Hitler spoke at Munich in a retrospective
manner, befitting the celebration of the twentieth anniver¬
sary of his original emergence into public life at the same

MONTHLY REVIEW

6
The address was

spot.

marked less by a declaration of

defensive assertion of Reich power,
and by fervent expressions of faith in the people of Ger¬
many
The warning recurred in the speech, a Berlin dis¬
patch to the New York "Times" said, that the Reich would
not tolerate dictation and intimidation from abroad.
Caus¬
aims

war

references

tic

by

than

a

made to British spoilsmen, and

were

Herr

sallies of his foes by
emphasizing the strength of German arms.
In the course
endeavored

Hitler

to

the

answer

German Chancellor declared that
colonies restored and her "living room"
in Europe assured.
References were made to Italo-German
interdependence, and to the sympathetically neutral atti¬
tude of Japan.
That Great Britain is regarded as the
enemy
of the Reich was made abundantly clear, and
hardly a* reference was made to France.
Confidence in
victory was expressed by the German leader, but there
was
no assertion
of a right to rule the world.
Much of
the address appeared to be a protest against the pariah
role allegedly assigned to the Reich in the period after
the World War, and it may be significant that Herr Hitler
even invoked the aid of Alighty God.
The express recog¬
nition by the Fuehrer that there is a "higher justice" is,
perhaps, the most favorable aspect of the speech.
Actual developments of the great conflict were in keep¬
ing, during February, with those of previous months.
The
long frontier between Germany and France was a battle
line only, in the sense that huge armies manned the ex¬
tensive fortifications and seldom ventured out.
The occa¬
sional scouting parties probably were designed mainly to
produce something of interest for the bored forces.
Bit¬
terly cold weather prevailed at times, especially during the
early part of the "month, and this tended" to restrict opera¬
tions even more than might have been expected.
A few
aerial dogfights took place over the Western Front, but
they were of little importance for the conduct of the war.
On the high seas the German submarine and mine sinkings
were continued, and
another British naval vessel fell vic¬
the

exposition

this

of

Germany wants her

tim

the

19

Feb.

succumbed
British
cause

to

of 162.

It

and

torpedo,

the sixth
from one

was

to go down during the war
Merchant vessels went down regularly,

another.

authorities

German

and

crew

German

a

destroyer

or

the

on

Daring, wTith only five
The ship admittedly

the destroyer

of

loss

rescued from

men

The British Admiralty announced

the warfare.

to

claimed

Allied

that

and

neutral

shipping losses amounted to 1,493,000 tons at the start of
February, while at the end of the month such losses were

of the Finns in men and materials,

strained the resources

aid were made to neighboring Scandinanian
countries.
But the Finns received little more than volun¬
teer aides, and the course of the struggle looked dark for
the valiant defenders at the end of February.
There were some important international repercussions
and pleas for

of the Russo-Finnish

Finland

lend

struggle in February, and others were
States Government decided to
$20,000,000, under authority of a

The United

foreshadowed.

further

a

March 2, which raises

signed by President Roosevelt on

bill

by $100,000,000 the lending capacity of the Export-Import
Bank of Washington.
These funds, however, are to be
used

"peaceful" ways, and the amount of immedi¬

only in

defense is

aid available for the

ate

matter of discussion.

a

British authorities made it known that they had

dispatched

airplanes to Finland, and arrangements were made
to permit some Britons to volunteer in the fight for the
small country's independence.
Sweden, as the next-door
144

neighbor of the beleaguered country, debated official aid
in mid-February.
Premier Per Albin Hansson stated in

lidwever, that Swedish neutrality could not be

Stockholm,

compromised by official aid, although private assistance
to
the
hard-pressed country certainly was permissible.
Public opinion in Sweden was at such a pitch that King
Gustav found it advisable to state personally, on Feb. 19,
that the decision for strict neutrality had been taken with
approval of the Cabinet, the Parliament and the
This disposed of hopes that Finland would be
obtain aid from nearby countries.
It is still con¬

full

the

Throne.
able to
sidered

possible, on the other hand, that a widened scope

the

of

thus

Russian

divert

such

event—the

as

nation.

a

The

war might involve Russia,
energies to the Near East.
In

European

greater

Finns

Finns--might have
able

were

chancer-for- survival

a~

back

beat

to

and
any

the

Russians

with

comparative ease in the early stage of the war which began
Nov. 30, 1939, but
during February the tide of battle
turned
of

against

the defenders.
The small nation
found it necessary to call ever older
into the line of battle, which is an ample indica¬

heavily

4,000,000

reserves

people

of the lack

tion

of man-power.

Toward the end of Febru¬

45 and 46 years old were called to service.
The Russians began the latest phase of their invasion on
ary

reserves

Feb.

1

when

they

suddenly

launched

tides

vast

of

men

and

equipment against the Mannerheim line on the Kare¬
lian isthmus.
This frontal attack was anything but sur¬
prising to the Finns, who resisted stoutly.
The incessant

said

by the Germans to total 1,903,000 tons.
These figures
considerably higher than the known sinkings.
German
aerial squadrons droned over the East Coast of England

artillery

are

and the

back.

bombardment of the carefully prepared attack,
simple lack of reserves, gradually forced the Finns
They inflicted extremely heavy losses on the Rus¬

and

sians,

but

Scotland, wherever weather conditions were propitious,
and the bombing airplanes inflicted some damage on ship¬

ping.

on

occasions

of

British airplane raids were made on a number of
over
Helgoland and other German bases, with
the damage not a matter of public knowledge.
One of the most significant incidents of the month was
the so-called Altmark case, involving a German supply ship
of
that
name
which accompanied
the scuttled German
pocket battleship Admiral Graf Spee in the South Atlantic.
With some 300 British seamen prisoners in her holds, this
where she

ship entered Norwegian territorial waters,
discovered by

authority
Cossack

British aerial patrols.

of

British

the

closed

in

on

the

Cabinet,

the

Altmark

on

the prisoners and precipitating a

dispute as
For the

to

rights

the

between

war

Acting

and

British

troublesome international

duties

of

neutral

Norway.

Germany and the Allies, the incident

important chiefly because it emphasized the use being
by German ships of the territorial waters of Norway
and Sweden, in order to avoid the British blockade.
The

was

made

British

Admiralty

February,

instituted,

during

the

structed

by

continue.

But fresh

the Finns

second

half

of

close patrol of Scandinavian waters, clear to
the Arctic boundary with Russia.
This resulted in a few
a

Russian

a

Neutral

To

degree

one

tries

their

found
in

now

Reports of the undeclared
against
were

the

small

Northern

terranean
the

and

area

country

by
of

Russia
Finland

discouraging during February, owing to a strenuous
unremitting offensive started by the Russians On

and
Feb.

1

against

isthmus.

the

Mannerheim

Despite

enormous

contrast

with the two

line

of

the

Karelian

losses, the Russians pushed
steadily forward in bitterly cold weather, and through deep
In

snow.

ing

in

prowess,

this

the

war,

but by the

nation found their

same

previous months of fight¬

Russians
token

activities

the

ever

displayed

remarkable

defenders of

the little

trying.
The month
of fighting brought the invaders
through the western end
of the Mannerheim line, and to the
gates of the small city
of Viborg, which is an
admittedly important strategic point.
There

was no

more

great disparity in the reports of the fighting

from either side, which makes the matter clear to the out¬
side world.
The Russians engaged in offensive

operations
the Karelian isthmus, but also north of Lake
Ladoga, and far to the north in the Petsamo region.
The
requirements of defense at these widly scattered points

not

only

on




Europe

the diplomatic

strains

and

the Scandinavian countries

going difficult.

coun¬
wars

stresses

The Low Countries

also found

subjected to

were

various infractions of their neutrality,

and to heavy losses
shipping, but both the Netherlands and Belgium are
clearly determined to remain neutral at any cost, unless
of

and

other

peninsula,

There

through

supplies.

Allied

an

was

Coupled

desperate

a

February

for

with

this

was

offensive from the Near East,

against

Germany's

tug-of-war

Rumanian

rear.

The

oil,

in

wheat

possibility

a

the Balkan

up

Allies

were

re¬

to have concentrated

upwards of 500,000 troops in
East for such an endeavor, heavy arrivals of
Australian troops in Egypt being one indication.
Turkey
Near

the

being waged

war

to

untenable, and Fin¬

were

various

ported

European

were con¬

destined

amply reflected throughout February in reports from
capitals.
The principal problem was that of
Southeastern Europe and the Near East, while the Medi¬
the

of

reported.

hastily
seems

were

selves in such waters, and one or two sinkings of the
were

and

i>rogress,

all

Conflict

conflict

another, all the European neutral
interests deeply involved
in the

or

invaded.

Russo-Finnish

the

division.

actually

other parts of the world also

the*

troops withdraw from that area.
North of Lake
Ladoga, however, they claimed the defeat and decimation

of

progress

same

stormed

nish

that the Allies were preparing to attack or blockade
Russia, but the real intent of the measure was fairly obvi¬
ous.
A number of German merchant ships scuttled them¬
rumors

type in

defense lines

and

The Petsamo defenses

was

removing

Red troops

Feb. 26.
The forts were the last defense of the City
Viborg, which the Russians virtually surrounded at the

start of March.

destroyer

16,

of

waves

the direct

on

Feb.

greater

ever

defenses, and the Koivisto Island fortifications finally fell

appeared
side

early

to

lean

in

ever

February.

sharply

more

Late

in

toward

the

the

Allied

month,

however, a
squabble occurred between Great Britain and Italy re¬
garding coal shipments in Italian bottoms from Germany
to Italy, and it is at least
possible that this reflects diplo¬
matic

difficulties

efforts

to

enlist

which

the

Allies

Italian

support,
move in
the

or

encountered
ensure

in

Italian

their
neu¬

trality, for a major
Near East.
Obviously,
Italy lio]ds the key to any such war effort,
Large-scale troop movements were noted from the Hol¬
land

side

of the border late in
February, and this occa¬
deep concern as to German intentions respecting
the srqall neutral State.
Early in March, German airplanes

sioned

shot down two
upon

spread

in any

as

Belgian airplanes, and apprehensions there¬
to

the intentions

spring movement.

These

of

German

commanders

troublesome matters,
but the Scandinavian neutrals found their
difficulties even
more

for

pronounced.
problems

the

Sweden

were

endeavored

occasioned

by

the

to

find

Russian

a

solution^

invasion

of

Finland, but finally decided to avoid official aid for binwhile permitting private aid and enlistments in the

land,

problem in
"state vessel
carrying some 300 imprisoned British seamen to the Reich,
after capture in the South Atlantic by the scuttled German
ship, Admiral Graf Spee.
The British destroyer Cossack
ignored territarial limits of Norway and several Norwegian
warships on Feb. 16, when the imprisoned men were rescued
deep within a Norwegian fjord, a number of
German sea¬
men
being killed in the course of the action.
This pro¬
voked a series of protests from Germany to Norway, and
from Norway to Great Britain, but no satisfaction was
granted anywhere, and it is possible that the settlement
of this dispute will be deferred until the end of the Euro¬
pean war.
The Scandinavian countries met at Copenhagen,
Feb. 24, for study of their mutual neutrality problems.
Finnish

Norway met a peculiar

defense corps.

the Altmark

which involved a German

case,

Italy, as the most powerful of the European neutrals,
relatively free of diplomatic encounters in the first
five months of the great European struggle, but toward
was

seemed suddenly to
still is lacking. The
facts, as reported, are simply (that Anglo-Italian trade
negotiations suddenly were suspended in February.
This
was followed on March 1 by a British decision to halt ship¬
the

of

end

7

MONTHLY EEYIEW

March, 1940]

situation

the

February

change, and an adequate explanation

civilians

including airplane bombing of helpless

old tactics,

The railway from French
Indo-China to China proper was bombed on many occasions
early in February.
Japanese military commanders claimed
for a time that they had
"trapped" great numbers of
Chinese troops, but the "trap" appears to have had an out¬
let
somewhere.
Spring weather now is approaching in
China, and military observers expect a further series of
military moves by the Japanese and Chinese, but it also
is possible that political incidents will vary the course of
in various centers of

population.

events.
America

Latin

Relatively quiet political conditions prevailed throughout
Latin America during February, possibly because the usual
"palace"
tion

intrigues

require¬

the

by

dampened

been

have

carefully neutral procedures in the world situa¬
it now exists.
Costa Rica held a national election

of

ments
as

Feb.

into power
democratic
and opposed to communism.
The European war is bring¬
ing a mild sort of prosperity to a number of Latin Amer¬
ican countries, but the tendency is still to look toward the
on

Dr.

10,

and

Rafael

United

in

"Inter-American

and

aid

This ten¬
for an

leadership.

of

elaboration

the

is

who

Guardia,

financial

reflected

was

brought

balloting

Calderon

States for

dency

quiet

the

Angel

i>lans

economic and finan¬
As
destined for Italy.
Ostensibly a move against the Reich, outlined on Feb. 7, the Bank would have a capitalization
this British decision clearly must be related to Italian de¬
of $100,000,060, to be supplied by the various countries in
velopments, for the incentive to interfere with German
accordance with their foreign trade totals of 1938.
Under
exports was well illustrated in the complete shut-down of
this scheme the Bank would, .of course, receive most of
all but the coal shipments to Italy, at the start of this
its capital from the United States.
l?he passage by the
__year^~.The -strategic- positiori-of Italy in the middle of the. -United States Congress .of the bill providing the ExportMediterranean, and the reputed desire of the Allied com¬
Import. Bank of Washington with authority to lend a fur¬
mand to operate in the Near East, give this incident un¬
ther $100,000,000 aroused keen interest in various countries
usual

significance.

Turkish
control

the

have

must
men

on

aim

free

several

attack

to

Black

the

to

access

occasions

they
Turkish spokes¬

Germany from the rear,

have

Sea.

declared

that

they are not

merely non-belligerent, and the £60,000,000
"loaned" by Great Britain to Turkey indicates clearly on
which side Turkey is "not neutral."
The possibility of
but

neutral,

Allied

an

much
is

attack

all

if any

certain

that

reported

was

lines

oil lines

Russian

it

almost

that

on

discussed, and

February

move

has been

Baku

from

of this sort develops

it

Turkey will participate.
Late in
from various Balkan centers

communication

of

cial

with

Turkey

were

inter¬

for

American

fresh

Argentina

being

having

external

cent

no

Feb.

on

bonds
to

The Turkish

war

unless

that

this

Turkish

sudden

relates to

an

Russian

policy, he said, is to stay out of the
interests

change in

Italian

Mediterranean.

a

The

are

involved.

the Turkish

decision

to retain

It

is

possible

view of the

a

free hand

change at Ankara is the

more

war

in

the

start¬

ling in view of expulsions earlier in February of German
technicians

•

employed in a Dardanelles shipyard.
Among the Balkan neutrals, Rumania found her position
by far the most difficult during February, for the oil and
wheat supplies of that country are bones of contention
between Germany and the Allies, while Bulgaria, Russia
and

Hungary would not be displeased by events which
might restore to them territories incorporated in Rumania

made

was

two

on

Rumania.

appeared
to

German troops, on the other hand, have
the northern border of the country, ostensibly
the railway connection running through the

But
on

protect

Polish
sweep

occupied by Soviet Russia after the German
Poland, and Rumanian authorities also en¬
placate Berlin.
Fearful of the results of the

area

over

deavored

to

conflict, Rumania brought

more

and

more

men

in

February, and by the beginning of March

to

be almost

completely mobilized for

war

under

was

arms

reported

developments.

Hardly

a

change of note

East

1940

after

on

area

was

concerned

Jan. 26, aroused the greatest concern

in the Island Em¬

pire, where it apparently was thought that the step would
be followed by an embargo on war materials
shipments
from the United States. * So
seriously was the situation
regarded that a Cabinet change occurred in
Japan in Janutry.
But more than a month now has passed since the
treaty

lapsed, and no measures have been taken by the
Washington Govertomknt.
Apprehensions are dwindling
in Japan, and the United States is
losing "face" in the
Far E&st.
The invaders of China rapidly resumed all their




0%

dollar

re¬

move

dollar

The Colombian Ambassador

loans

Feb. 12 that

on

Government

his

of

will

are

be

to

.

held

with

the

Foreign

Bondholders

Steel Trade—Non-Ferrous Metals

The

steel

ward

trade

trend

prices.

of

announced

steel

continuance

a

production, with

of

low

new

the

down¬

steel

scrap

Increased activity was reported in the non-ferrous

metals markets.

The

"Iron

Age" of Feb. 22 stated in part

follows:

"Although steel ingot output continues to de¬
cline, the drops are becoming less precipitous, indicating,
perhaps, that a leveling off process may come within the
as

next few

ments

There have

weeks.

cancellations

of

tonnage

have been

Meanwhile,

been

mill

on

requested in quite

business

new

is

relatively few outright
but deferred ship¬

books,

not

number of instances.

a

showing

gains.
At best
aggregate volume of incoming tonnage represents 40%
50% of capacity, while in some cases it is not that good.

the
to

Most of the current

vidually small."
the
last

few

enough
or

of

new

days.

fill-in

are

lots which

the

enough

of

indi¬

are

same

publica¬

"A noticeable change for the better in
steel orders has occurred within the

While

large

nor

orders

In its issue of Feb. 29 the

said, in part :
volume

the

improvement

to

be

is

conclusive

downward

trend

of

neither

broad

evidence
the

of

past

a

two

three months,

decline

in

halted.

it is, at any rate, the first sign that the
buying and in production may have been

new

Taken

in

conjunction with other factors, such as
upward trend in automobile manufacturing, an increas¬
ingly good export trade, the approach of spring, the sta¬
bility of the price structure, and the fact that the 'Iron
Age' steel scrap composite price is unchanged for the first
the

since

time

mid-January,

slight though it is,
^

at present

have

the

betterment

in

order

volume,

may be of more significance than,

be established.

consumers

also

can

Inquiries for steel from domestic

appeared

in

larger numbers,

indicat¬
ing, perhaps, the working down of inventories,
though some
are suspected of 'feeling out' the market to deter¬
mine the strength of prices.
Current export sales and

buyers

pros¬

for further

within

reported in February in the
directly in the Japanese inva¬
sion of a vast portion of China.
The termination of the
1911 trade treaty between the United States and
Japan,
Far Eastern

American

Latin

in

one

Protective Council.

pects
Far

February.

Only

be

general reversal

British pressure clearly was
applied to prevent shipment of oil, and especially of avia¬
tion gasoline, from Rumania to Germany.
British, French
and American capital chiefly is interested in the Rumanian
oil
fields, which makes the problem a difficult one for

loans.

1940 at half the contractual rate, while $400,000
provided for market purchases and subsequent
cancellation of the bonds.
Negotiations for debt' service
would

however, also centers

wheat riches available there.

in

themselves

be paid in

tion

Rumania, because of the oil and

proved

Venezuela

and

exception

debts—have

longingly

countries—

the

of

most

honorable

an

known to look

are

But

Washington, Dr. Gabriel Turbay, stated

interest

after the World War.
There is little immediate prospect,
however, of any conflict between the Balkan States, owing
to the threat of involvement in the larger European con¬
flict, most observers contend.
That threat of involvement,
on

0

loans.

unworthy of additional
adjustment of defaults on

toward

29 that his country has no intention

of attacking Russia and has no reason to expect
attack.

special

a

years

rupted, and that mobilization had been ordered at Ankara.
But the Turkish Premier, Refik
Seydam. declared in a
radio address

Bank," by

advisory committee of all the American republics.

south of the Rio Grande which

developments were watched narrowly, owing to
of the Dardanelles exercised by that country.

the Allies

If

Italian bottoms,

coal from Rotterdam in

ments of German

some

of

expansion are attracting more attention
industry than the domestic situation.
With

companies^ February export totals

any

war

the

month

caused

a

withstanding

since September,
rush

the

will exceed those
when the outbreak of the

of

foreign buyers to this market.
difficulty of doing business with

countries

ficial

owing to
exchange restrictions
barriers, the total volume from all

encouraging.

The

growing

volume

of

and

world

war

other

arti¬

sources

orders

placed

Not¬
some

is

being

in Canada, together with normal non-war
require¬
ments, has fillediip Dominion mills for some
months, caus¬

ing a larger overflow of steel orders into the
United States.
Among important steel-using
industries, the automobile in¬
dustry is outstandingly the most active.
Railroad equip¬
ment demand, more or less dormant
since the heavy buving

last

fall, has

sprung to life in

a

moderate way."

Tin-plate

MONTHLY REVIEW

8

production at the close of February was at the rate of
approximately 55% of capacity, as against 65% at the end
of January.
The "Iron Age" steel scrap composite price
was reduced on Feb. 6 from $17.33 a gross ton to $17.08;
on Feb. 13 to $17.00, and on Feb. 20 to $16.71, or approxi¬
mately the lexel of Sept. 12, 1939, which was the first
week of the sharp rise that followed the outbreak of war.
the close

At

The "Iron Age" composite prices of
and pig iron remained at 2.261c. a pound
gross ton, respectively, as compared with

steel

and

$22.61

a

2.286c. for finished

65.9% for the week beginning Feb. 26, 1940 (the lowest
since the week of Sept. 4, 1939, when operations were

reported at approximately 58.6% of capacity), and com¬
with 67.1% for the week beginning Feb. 19, 1940;
68.8% for the preceding seven-day period; 71.7% for the
week beginning Feb. 5, 1940, and 77.3% for the week be¬

pares

At the close of February, 1939, opera¬
be at the rate of approximately
55.8% of capacity; in the last week of February, 1938,
at 29.3%, and in the like weeks of 1937, 1936, 1935 and
1934, the rates were 85.8%, 52.0%, 47.9% and 45.7%, re¬
ginning Jan. 29,1940.

reported

were

to

spectively.
metals,

As to non-ferrous

"Metal and Mineral Markets"

reported during the month in substance as follows:

Buy¬
during the week ended Feb. 27,
1940, following the excitement of the previous seven-day
period that involved an increase in price and heavy sales.
During the holiday week ended Feb. 27 a total of 9,045 tons
of copper were sold in the domestic market, as against
112,425 tons in the previous week, 14,899 tons in the week
ended Feb. 13, and 7,078 tons in the week ended Feb. 6.
Domestic copper sales amounted to 141,920 tons for the
ing of copper moderated

full

the

Feb.

to

month

27,

month

which

of

with 24,987 tons for
and 29,211 tons in December.

compares

January

Shipments of domestic refined copper during February are
estimated by the trade to be between 80,000 and 85,000

against 91,428 tons in January.

tons,

After declining from

11.62%c. to 11.25c. a pound, Connecticut Valley,
the

of copper was

price

increased

Feb.

on

Feb. 7,
to 11.50c.

20

Feb.

28, when sales totaled 12,214 tons, which contrasts
with 15,767 tons during the week ended Feb. 21; 12,632 tons
during the week ended Feb. 14, and 1,600 tons during the
week ended Feb. 7.
The quotation for lead, after dropping
on Feb. 7 from '5.25c. to 5.00c., New York,
on Feb. 28 was
at

the

5.25c.

level.

Demand

for

zinc

im¬

proved during the week ended Feb. 24 on nervousness over
the price situation, with sales for common grades amount¬
ing to 9,431 tons, against 1,161 tons in the preceding sevenday period, 1,855 tons in the week ended Feb. 10, and 1,016
in

tons

the

week

ended

Feb.

3.

Shipments of common
grades of zinc for the week ended Feb. 24 involved 4,018
tons, against 3,237 tons the week before, 3,733 tons in the
week ended Feb. 10, and 3,964 tons in the week ended
Feb. 3.

Effective Feb. 26, the quotation for zinc was raised

one-quarter cent to 6.14c., New York, or to the same price
that was m effect .prior to Jan. 22.
Tin prices were higher
at

the close of the month, reflecting the firmer undertone
in the London market and better buying here, and closed
on
Feb. 20 at 47.75c., New York, which compares with

45.75c.

on

Jan. 31.

The International

Tin

Committee met

London

in

on Feb. 26 and fixed the export quota for the
quarter of 1940 at 80% of standard tonnages, as
against 120% the rate agreed upon for the first quarter.

second

Lumber Movement

According to reports to the National Lumber Manufac¬
turers Association

from

regional associations covering the
operations of representative hardwood and softwood mills,

lumber

production during the week ended Feb. 24, 1940,
0.1% less than in the previous week, shipments were
3% less, and new business 1% less.
Compared with the
corresponding week of 1939, production, shipments and new
was

business showed

tively.
average

an

increase of

11%, 2%, and 22%,

respec¬

The industry stood at 67% of the seasonal weekly
of 1929 production and 65% of average *1929 ship¬

ments.

Reported production, shipments and
eight

4%

weeks

and

ended

9% in

Feb.

excess of

24;' 1940,
the

new

were,

same

orders

for

respectively,

figures for the

the

9%,

corre¬

sponding period of 1939.
For the eight weeks of 1940 new
business was 10% above and shipments were 6% above
production.
The ratio of unfilled orders to gross stocks
was 21% on Feb. 24, 1940,
compared with 16% a year ago.
Unfilled

orders

last year ;

gross

were

24% heavier than
were 4% less.

at

the

same

time

stocks

In the week ended Feb. 24, 1940, a total of 508 mills
pro¬
duced 202,586,000 feet of softwoods and hardwoods com¬

bined; shipped 193,311,000 feet, and booked orders of 194,323,000 feet.
Revised figures for the four preceding weeks
follow:




537
522
530

Jan.j 27, 1940

198.592,000
215.044,000
211,490,000
189,938,000

(Feet)

204,565.000
203,296.000
207,018,000
209,405,000

..

Hides, Leather and Footwear

The First National Bank of Boston, in its

29, comments

Letter," under date of Feb.

"New England

these mar¬

upon

kets as follows:

"Shoe

relatively

maintained at a

been

has

production

ber

New

rising prices.

against

protection

a

as

business

staples has been dull for some time, however, and the
industry has had to rely upon spring novelty lines for the
bulk of its business.
A cautious attitude regarding retail
in

agree on prices has
hand-to-mouth basis.
Preliminary estimates for production in February accord¬
ingly indicate a less than seasonal rise over January.
Some new business is being placed for delivery in April
and May, and prices, while showing no real improvement,
are
expected soon to advance in some lines.
"Tanners report a quiet business, and prices of many
leathers have shown a softening tendency.
Backlogs which
Were built up in September have been worked down to a
low level, and finished cattle hide leathers have accumu¬
with

trade

caused

buyers to operate on a

view

lated

in

demand.

leathers

inability to

consequent

a

many

with

the failure

of

have

of

of

Producers

to, curtail Jm.line

tanners

the"

expensive upper
demand more

more

brought output into line with

than have sole leather tanners.
"Spot hide1 prices firmed during the first two weeks of
February under the influence of a rising futures market.
Most of the buying, however, has been by traders whose
readily

purchases ultimately must find their way back into the
spot market.
Heavy native steers are currently quoted
13c.

at

pound as compared with 16 %c. at the end of
although the seasonal differential in quality

per

September,

between the two months accounts for much
"In Buenos

on

Buying of lead, which had been active for a period of two
weeks, continued at a high rate during the week ended

reestablished

194,521,000
191.849,000
185,787,000
178,408,000

January is estimated to liave been 17% above the 10-year
average for that month due in part
to the substantial
orders for staple footwear which were placed in Septem¬

rate

tions

544

---

of steel companies having approxi¬
of the industry, according
Institute, was scheduled

mately 97% of the steel capacity
to the American Iron and Steel
at

17, 1940
Feb. 10, 1940
Feb.
3, 1940

Orders Received

(Feet)

high rate thus far this year, although activity has not been
uniform among the various types of footwear.
Output in

operating rate

The

Shipments,

steel and $20.61 for pig iron in Febru¬

of last year.

ary

Production,
(Feet)

Mills

Week Ended

Feb.

1939, steel scrap was quoted at

of February,

$15.08 a gross ton.
finished

No. of

p

of the decline.

Aires, where the current take-off is of prime

quality, the trend of prices has been slightly upwards

on

a

are

Argentine steers now
priced at 16%c., duty paid in New York after allowing

for

the

European

good volume of
recent

buying.

in

increase1

rates."

freight
Grains

Prices for wheat displayed easiness during the early part
of

the

past month, and after a

sumed

downward

a

tendency.

sharp recovery again
A

continued

lack

of

re¬
new

price-raising influences caused a continuance of the liqui¬
dating movement at the outset.
Crop news was featureless,
and there were reports of beneficial rains and snows in
sections

important

of

indication

snow

wheat
came

belt.

with

The

first

reports from

would suggest a more active demand for
wheat, and especially so in view of the

Argentine crop.
belief

the

duction

in

Private estimates appeared to

that

con¬

that the Argentine pro¬
below the output of last sea¬

quarters

many

will be considerably

Indications

European

warfare would

likely be¬

intensified in the spring also made sellers more
less cautious.
However, neither the adverse European

come
or

trend

possible extensive damage to European winter
as a result of extreme cold and inadequate
covering.
Naturally, a prospective decrease in Euro¬

small

son.

in

crops

pean production
North American

firm

winter

the

of

abroad

wheat

of

reversal

a

more

outlook

the war caused any unusually heavy in¬
export demand, and with improved domestic
weather and crop conditions, offerings increased and prices
against reacted.
The reports of an unfavorable European
crop outlook were partly offset by estimates placing the
crop

in

creases

Australian
last

nor

the

at 210,448,000 bushels,

crop

compared with the

official estimate of

186,500,000 bushels.
Furthermore,
the liquidation of loan wheat appeared to be
assuming
larger proportions.
The maturity date of the loans is
drawing closer
and
Washington
officials
have
denied
that

rumors

extension

contemplated.
of wheat held
rye,

to a

Thus, it
on

of

the

was

maturity date was being
predicted that the liquidation

loans is

large extent,

likely to increase. Corn, oats and
followed the trend of wheat.
In

regard

to corn, the inactivity of demand for export, the
large supply, and the fact that the hog-corn ratio has be¬

increasingly unfavorable for corn constituted the
depressing influences.
In Chicago the May
wheat option closed on Feb. 29 at 103c. as
against an
opening of 96c. on Feb. 1.
At Winnipeg the May wheat
option closed on Feb. 29 at 89 %c. as against an opening
of 84 ^c. on Feb. 1.
May corn in Chicago closed on Feb. 29
at 56% c. compared with an opening of 55
%c. on Feb. 1.
come

chief

price

May

oats

38 j^c.
with

on

an

closed
Feb.

1.

at
•

40 %c.

May

opening of 66c.

compared

rye
on

with

an

closed at 66%c.

opening of

as

compared

Feb. 1.
Sugar

More
market

less narrow price fluctuations characterized
the
for sugar "futures" during the

or

feature during the month

past

was

month.

The

the_ surprise announcement

MONTHLY REVIEW

March, 1940]
25

Feb.

on

by

nal

quota

Dec.

29

1940

for

and

Wallace that the

Secretary of Agriculture

quota was to be reduced

6,725,100

of

The origi¬

by 117,355 short tons.
tons

announced

was

on

Secretary then stated that some adjust¬
ment might be necessary when consumer requirements be¬
came more clarified.
This development, however, failed to
cause more than a temporary flurry in prices.
There was
some buying for speculative account, which soon subsided.
The $ugar trade appeared to interpret the reduction as a
"token" cut, and as an indication that the Government
was
"friendly" toward the market.
The reduction never¬
the

theless

was

rise

prices.

in

not

sufficient

Demand

to

for

than

more

cause

limited

a

continued- inactive, and

raws

the grinding season now under way in Cuba increased
supplies of raws should be available to the market.
Fur¬
thermore, refiners appear to be well supplied with raws.
with

A

minor

blow

to

frosts

recent

in

the

consumption

the

South

outlook

which

scored by

was

fruit

destroyed

crops,

erable

steadiness, and prices were able to regain part of
previous month's losses.
Early in the month the an¬

the

nouncement, made late in January, concerning the discon¬
tinuance of cotton
ther

in

securities and

small

exclusive of duty:

On Feb. 1 ex-store at 1.90c.;

Feb. 10,

on

port movement

supplied

was

well

as

temporary
scarcity

of

let-up

of

that

stocks.
1.

the

quoted.

was

general

-during the
levels.

trend

past

in

market

the

month

Liquidation

March

"futures"

coffee

for

slightly

towards

was

contracts

lower

was

price

feature.

a

Although spot markets ruled comparatively steady, roasters
purchased sparingly.
The cold wave throughout the coun¬
try caused some pick-up in the consuming demand, but the
volume

No.

was

Santos

7

sufficient to

not

cause

great enthusiasm.

any

quoted on Feb. 29 at 6^c.@6%c., the
against 6%c.@6%c. Dec. 29; 6%c.@
6%c. Nov. 30; 6%c.@6%c. Oct. 31; 6%c.@7c. Sept.
30;
6%c.@6%c. Aug. 31; 6%c. July 31, the same as on June 30,
against 6%c. May 31; 6%c. April 29 (April 30 was Sun¬
same

day)

as

on

was

Jan.

31,

6%c. March 31, and 7c. Feb. 28.

;

No.

7

Rio

wras

quoted

Feb.

on

Jan. 31; 5%c. Dec. 29; 5%c. Nov.
and

29 at 5%c. against 5%c.

30, the

Sept. 30, against 5%c. Aug. 31, the
June 30; 5%c. May 31, the same

and

March 31, and

same as on
same

as

on

Oct. 31

July 31
April 29 and

as

on

5%e. Feb. 28.
Rubber

Crude

rubber

during

the

first

half

of

February rallied

moderately,

chiefly under the influence of favorable ad¬
vices from the London market attributed to active demand
from England and Continental sources for
spot

and

short

to

covering

in

the

March

position.

material,
Additional

supporting factors were scattered purchases by tire fac¬
tories, cable reports that freight rates from Hongkong to
New York would be increased, and the
release of the
United

States

to 54,978 tons,

consumption figures for January amounting
and exceeding previous trade estimates by a

substantial margin.
Subsequently the market assumed a
waiting attitude, and prices receded, pending the delibera¬
tions

of

which

International

Rubber

Regulation Committee,

Feb. 20 decided to leave the
export quota for the
quarter unchanged at 80%, ruling at the same time

on

second

that

the

additional

no

new

planting

from

January,

1939,

to

December, 1940, will be permitted.
The quota decision,
although generally expected, was followed by moderate
trade and commission house

a

reversal

in the

the continued

large

ex¬

in
a

kets

was

to

mild

users

by

a

because

of

11.33c.

of

was

10.89c.

10.81c.

Feb.

on

Feb. 3,

26,

and

Business in the gray cloths mar¬

moderate revival

a

York
low

a

high

a

also

planning to cur¬
further accumulation

New
to

caused

were

prevent

reaction

and

dull during most of the month, but late in

very

the period

exports

domestic mills

order

Spot cotton here in

After

of

appeared

to

of

buying by converters and

be getting

under way, partly be¬
of successive price recessions conceded by the
mills,
and in part
owing to the fact that supplies in users' hands

selling, and additional

had

been

permitted

sink

to

below

normal

levels.

Print

cloth

at Fall River for 28-inch 64x60's was marked
downFeb. 9 from 4%c. to 4c., at which
figure it stood Feb. 29.
The price of 27-inch cloth 60x64's was
3%c. Feb.
on

29,

with

pared

S^4c.

Feb.

4c.

29

Jan.

31,

against

and

8V2C.

Osnaburgs

Jan.

31.

were

com¬

quoted

at

The

report of the
Census Bureau, issued Feb. 14 and
covering the month of
January, showed that cotton consumption reached a new
high record for that month, and moreover
was, with the
exception of March, 1937, the largest for any month on
record.

The

amount consumed in
January was given as
730,143 bales of lint and 91,057 bales of linters, compared
with 652,695 bales of lint and
104,687 bales of linters in
December, 1939, and 598,132 bales of lint and 65,622 bales

of

linters in

January, 1939.

The

woolen goods markets continued to be
dominated by
between-season influences, and mill
operations showed a
further tapering off.
Prices, however, ruled steady, re¬

flecting the receipt of numerous fill-in orders from
clothing
manufacturers, and continued satisfactory reports about
sales.
Trading in women's wear materials remained
fairly a_ctive, under the influence of the steadily
expanding
movement of finished goods in
distributive channels.
Japanese double extra 13-15 deniers were quoted Feb. 29
retail

at

$3.00@$3.05 against $3.10@$3.15 Jan. 31;
$4.50@$4.55
$3.43@$3.48 Nov. 30; $3.55@$3.60 Oct. 31; $3.10@
$3.15 Sept. 30; $2.65@$2,70 Aug. 31;
$2.70@$2.75 July 31;
$2.51 @$2.56 June 30; $2.58@$2.63 May 31;
$2.46@$2.51
April 29 (April 30 was a Sunday) ;
$2.10@$2.25 March 31,
and $2.20@$2.25 Feb. 28.
Dec. 30;

In

the

extra

case

were

of

the

quoted at

20-22

deniers

Japanese crack double

$2,91@$2.96 Feb. 29, against $3.03@

$3.08 Jan. 31; $4.43@$4.48 Dec. 30;
$3.41@$i3.46 Nov. 30;
$3.47@$3.52 Oct. 31; $2.94@$2.99 Sept. 30;

$2.50@$2.55

Aug. 31; $2.58@$2.63 July 31; $2.49@$2.54 June
30; $2.56@
$2.61 May 31; $2.39@$2,44 April 29;
$2.13@$2.18 March 31,
and

$2.25@$2.30 Feb. 28.

Petroleum and Its Products

pressure

exerted

was

through heavy liquidation in the March de¬
Late in the month prices steadied somewhat under

livery.

the influence of renewed

purchases by tire factories.

Ribbed smoked sheets for
spot delivery were quoted at
18 9/16c. asked Feb. 29 against
18%c. asked Jan. 31; lO^c.
asked Dec. 29; 20%c. asked Nov.
30; 20%c. asked Oct. 31;
21c. asked Sept. 30; 16%c. asked
Aug. 31; 16%c. asked
July 31; 16y2c. asked June 30; 16 ll/16c. asked
May 31;
16c. asked April 29 (April 30 was
Sunday) ; 15%c. asked
March 31, and 16%c. asked Feb. 28.
Textiles

The

textile trades continued
inactive, with between-seainfluences, adverse weather conditions, and the further
recession in industrial activities
forming the chief retard¬
ing factors.
Retail business experienced a
perceptible set¬
back, the degree of which was closely related to weather
son

conditions prevailing in the various sections of
the country.
Apparel lines were least affected, whereas other
divisions,
such

as

home-furnishings,

public buying power,
ment.

Wholesale

felt

due to

trading

the

results

of

decreasing

slackening industrial employ¬
profited

somewhat
by fill-in
merchants, apropos of preparations for the
demand.
Generally, however, wholesalers as

orders of retail

pre-Easter

well as retailers maintained their
cautious
in view of the many

buying attitude,
uncertainties, both domestic and inter¬
surrounding the nearby business outlook.
Mod¬
erately optimistic opinions with regard to the future vol¬
national,

ume

continued

cause

Coffee

The

by

volume

other

of 4.40c. to 4.50c.

range

started

shipping facilities,

some

operations

Feb.

in

available

until Feb.

a

the

reports that domestic mills, not¬
withstanding slackening sales, continued to maintain opera¬
tions at high levels.
In the closing days of the month a
slightly easier trend got under way, chiefly owing to a

the quotation rallied to
closed at 11.20c. Feb. 29.

28, when

did

as

as

February shipment at 1.92c.; on Feb. 23, March shipment
2.00c.; on Feb. 26, March shipment at 1.98c. and 1.97c.,
and on Feb. 28, prompt shipment at 1.95c.
The wholesale
price for refined, immediate delivery, was quoted at 4.50c.
at

market,

cloth

other commodities

favorable factor

tail

of

the

in

domestic

price trend which, subsequently, became slightly accelerated
owing to fair-sized short covering operations. An additional

indicating smaller sugar requirements from canners in the

during the month were
volume and consisted of the following, all c. & f.

the

business, and further heavy
selling from foreign sources.
A let-up in the latter, and a
general moderate improvement in the price structure of

spring.

raw sugars

export subsidy payments had some fur¬

repercussions

dulness

of minors

Sales of Cuban

9

of business

predicated
retailers'
sound

on

the

entertained, however, in many quarters,

realization

inventories

condition

for the

are

better.

and

of
need

that wholesalers'
merchandise are in

replenishment, at

Raw cotton in




as

well

as

thoroughly

the first

turn

February displayed consid¬

vied

Texas

with

Washington for the headlines in the
petroleum news during February as the Federal
Courts ruled the proration setup for the East
Texas field

domestic

unconstitutional

and

the
Cole hearings in
Washington
State-industry front against the planned
legislation which would place the petroleum industry under
showed

a

united oil

Federal control.

AlsoTnewsworthy was the fact that for the first time in
history, the Texas Railroad Commission ignored the recom¬
mendations of the United States Bureau of Mines in
setting
the allowable for March.
Quick to follow was Louisiana
and oil men feared that the movement
might become general
with a resulting swell in crude oil production.
A three-judge Federal Court ruled in a
decision handed
down in Austin late in the month that the
Texas Railroad

Commission!order covering production in the East Texas
the basis of three-fourths of the production allow¬

field

on

able,

on a per

well basis,

was unreasonable and unconstitu¬

A court order granting a permanent
injunction to
the Humble Oil & Refining Co. and the Rowan & Nichols
Oil Co. was staved off by news that the Commission would
tional.

appeal the decision. In making known the court's decision,
Presiding Judge^ Sibley said that the Court's general conclu¬
sions were not final, and it reserved the
right to make more
definite rulings later.
|&The decision ruled that the contentions

of the two

com-

panies^ involved in the litigation that the

present order's
provisions making an allocation of 20 barrels for each well,
other than marginals, and prorating the remainder

according

formula, works inequitably against the properties with
greater reserves, but expressly sustained the present top
to a

allowable for East Texas field

as

set

by the Commission.

It

MONTHLY REVIEW

10
•was

well law is not invalid but the
significant because it is prescribed for

ruled that the marginal

20-barrel quota is not

"perishing" wells.
'
Early in the month, the Texas Railroad Commission an¬
nounced that it would rescind the 7-day production week
which had been restored February 1 for the first time in
,

many

Chairman Lon A. Smith

months.

announced that he

Jerry Sadler and E. O.
Thompson home from Washington, where they were testi¬
fying before the Cole sub-committee, to sign the new orders
restoring a five-day production week.
When Mr. Sadler
and Mr. Thomspon returned to Texas, the picture changed
and it was announced that the 7-day production week would
would

summon

fellow Commissioners

remain in effect.

*

•

Th* substantial increase

in the March allowable for Texas

and State representatives who
held that the States, through the
exercise of their police powers, can protect, and in most
instances, do protect petroleum reserves against waste.
Should the Cole bill be enacted and be sustained by the
as

other

did

Governors

testified at the hearings,

against the certain tests that would be made,
said "I predict it will prove the entering
wedge for those who seek Federal control of all production
and industry."
Toward the end of the month, political gossip in Wash¬
Courts

Governor Phillips

ington

was

freely predicting that the Cole measure, at least

in its present form, has little chance of becoming law during
the current session of Congress.
It was pointed out that the

oppositon shown the measure by the spokesmen
oil-producing States makes the bill too much of a
"hot potato" for a year as important in politics as 1940 will
be.
Republicans, naturally, can not be expected to support
sustained

for

the

Railroad Commission in the final week of
for the recommendations
Mines aroused fear in the any measure which would place any industry under Federal
control.
Democrats probably would prefer not to have to
industry that this move might precipitate a wide-spread vote on the
bill, and its proponents are reported unwilling
disregard of the recommendations of the Federal agency to risk a
sharp defeat, preferring to wait until conditions are
which might result in excessive production of crude oil
more favorable for pushing the bill.
throughout the nation.
E. O. Thompson, of the Com¬
A bitter attack, challenging the constitutionality of the
mission, pointed out that the March raise was due to the
Cole bill, was initiated by Jack Blalock, Houston attorney,
fact that demand in Texas for crude had risen to the point
representing the members of the Interstate Oil Compact
where withdrawals from storage totaled 900,000 barrels in
Commission.
In making his onslaught, which was preceded
the same week that the Bureau issued its recommendations.
by a brief resume of similar attempts to pass such legislation
The Texas Railroad Commission set the March allowable
in Congress, Mr. Blalock pointed out that he would not make
for the State at 1,479,521 barrels, which was approximately
any effort to show the undesirability of the legislation or the
90,000 barrels above the February 1 allowable. The Bureau
lack of necessity for its passage, but would confine himself
of Mines recommended a 40,000-barrel reduction in output
to the legal questions involved and to showing that the bill
in the Lone Star State during February in its regular monthly
was uncontitutional.
market demand estimates.
Illinois, which during February
"The exclusive power to regulate production of crude oil
increased production to the point where it threatened Okla¬
rests in the Sovereign State itself
through a reasonable
homa's position as third-largest
producer, has no State exercise of its
police power," he argued.
Contending that
control and therefore does not follow the Federal recom¬
under the Constitution, authority of Congress to provide
mendations.
However, the industry felt that Oklahoma,
for national defense is limited to the imposition and collection
Kansas and Michigan might follow the lead of Texas and
of taxes, Mr. Blalock stated that his interpretations had
Louisiana in ignoring the Bureau's recommendations in
been adopted by the courts in numerous decisions.
setting future allowable schedules.
"Does this bill provide for the laying and collection of
Daily average market demand for crude oil in the domestic
taxes, duties, imposts and excises for the purpose of providing
market during March was estimated by the United States
funds for the common defense?" he asked.
"It does not.
Bureau of Mines at 3,500,000 barrels, a monthly total of
The bill in no manner brings into operation
the taxing
108,250,000 barrels.
The March allowable represented an
power of Congress; on the contrary, it just boldy purports
increase of 4.5% over actual market demand in the compar¬
to regulate the production of petroleum.
Testing the bill,
able 1939 period but was 28,400 barrels under the figure
therefore, in the language of Section 8 (1) as interpreted and
representing estimated market demand during February.
defined by the framers of the Constitution itself and by our
The report indicated that the disappointing showing for
United States courts, we must conclude that it cannot be
March was due to the record high holdings of gasoline.
sustained under the 'National defense' theory.
Congress
Organized opposition to the Cole bill, which would place
does not have the authority to enact provisions contained
the petroleum industry under Federal control, was shown at
in H. R. 7372 under the authority of Section 8(1), Article 1
the meetings held by the special House Interstate and
of the Constitution of the United States."
Foreign Commerce sub-committee in Washington during
While admitting that the Constitution delegates to the
most of February.
Representative Cole, who also is chair¬
Congress the power to regulate interstate commerce, he
man
of the special sub-committee, introduced the legis¬
argued that production of oil from the ground is neither
lation at the last session of Congress with the support of
"interstate commerce" nor even "commerce" and no au¬
President Roosevelt who at that time said that he believed
thority accrues to the Federal government until the oil
that such legislation was necessary for the proper conserva¬
starts to move from the production point.
He suggested
tion of the nation's natural resources.
that the Federal government could constitutionally provide
When the hearings began early in February, Chairman
for the national defense by "conserving oil in the lands
Cole made public in Washington a report from C. C. Brown,
already owned by the United States and by purchasing
a Federal Power Commission engineer, which was an out¬
ordered by the

February without consideration
of the United States Bureau of

#

right demand for complete Governmental control of pro¬
duction of oil.
Mr. Brown's report to the Commission,
which had not yet been acted upon by the Federal Power
agency, was

in direct Contradiction of the claims

advanced

Compact Commission
and representatives of the oil-producing States that the
States were "capable of running their own affairs, and the
national defense setup is not adversely affected by the
presence of State-controlled production of oil."
"It is my definite opinion," said Mr. Brown in his report,
"that the proper and adequate conservation of petroleum,
natural gas and other hydro-carbons, cannot be satisfactor¬
ily accomplished through State control, either individually
or by means of State compacts."
In view of this, he pointed
out, "it is therefore my recommendation that appropriate
Federal legislation be enacted completely controlling the
production, conservation and wastage of pertoleum, natural
gas and other hydro-carbons in the United States."
by the members of the Interstate Oil

Mr. Brown's report was

quickly seized upon by opponents

definite proof that the primary
interest of the Government had from the start been for
Federal control of the oil industry.
Since the Brown report
of

the

Cole

measure

as

holds that petroleum and natural gas, unlike coal, metals
and other solid minerals, are "migratory commodities that
do not respect State
mean

a new

slant

on

lines," oil

mean

feared that this might
based on

the Government's approach,

the contention that oil deposits are in interstate commerce

and therefore subject to Federal control.
Governor Leon C. Phillips, of Oklahoma,
chairman of the

Interstate Oil

the first witness to testify at the hearings on

ington.

newly-elected

Compact Commission, was

Feb. 5 in Wash¬

He told the sub-committee that the exercise of

the

the Cole
would be
confiscatory and which would violate the fifth amendment
to the Constitution which guarantees that no person shall
be deprived of property without due course of law.
"Since the bill grants such powers, I am convinced that
it is unconstitutional," he pointed out.
Governor Phillips,
broad rights granted the Federal government in
bill would result in rules and regulations which




oil-bearing lands from others."
That the industry itself opposes the Cole bill was made
strikingly clear in the testimony of George A. Hill Jr.,
President of the Houston Oil Co., first industry witness to
testify before the sub-committee.
committee that the Cole bill "must
of

a

general program of reducing

Mr. Hill told the sub¬
be considered as a part

and submerging free initia¬

independent enterprise into a general system of
government regulated and managed economy."
In sup¬
porting this contention, Mr. Hill pointed out that the Colabill is not backed by either oil producing States or the oil
industry, that the Federal Government is now exercising its
constitutional powers to support the Interstate Oil Compact
Commission, and that Federal legislation cannot be extended
tive

and

further

without

supplanting powers now

exercised by the

States.

Representative Wesley E. Disney, of Oklahoma, testified
opposition to the Cole bill in final hearings at month-end.
"If the proof shows that there is a clear, positive, unim¬
peachable, overwhelming, need for this legislation, based
upon our actual, immediate, possibly national peril, it would
still be unwise to consider this bill favorably except as a
last possible necessity," he declared.
"It plays right into
the hands of those who believe that the States are and ought
in

to be obsolescent."

Paul E, Hadlick, counsel for the National Oil Marketers
Association, told the sub-committee that the opposition of
this group was due to its belief that with the exception of
State laws designed to prevent actual physical waste, there

should be

no

regulation of production of

crude oil by either

"Our petition to this
committee," he added, "is that you repeal the legislation
that has already been proven to aid the oil monopoly.
We
ask you not to carry that control further as proposed in
H. R. 7372." Frank Buttram, President of the Independent
Petroleum Association, also spoke in opposition.
The House Appropriations Committee issued a ruling
early in the month that was generally construed as a defeat,
for the government in its aim to take over submerged oil
the States

or

the Federal government.

lands.
of

to

The Committee recommended that the Department

Justice

in any attempts to establish
Federal claims to submerged oil lands within the boundaries
of the States through litigation based upon "doubtful or at
least theoretical construction of law."
The action of the
Appropriations Committee, thoroughly unexpected, was
generally interpreted as a direct slap at the Administration.
During the past several years, the Government has been
seeking to establish a Federal claim to submerged oil lands,
mainly on the California and Texas coasts, on the basis that
the national defense value of these properties entitled it to
spend

11

MONTHLY REVIEW

March, 1940]

no

money

control of them.

bonds of

1940-43, outstanding in the amount of $352,993,450,

would

be called for redemption on June 15, 1940.
He indi¬
cated at the same time that holders of the bonds might be

offered, prior to the redemption date, an opportunity to
exchange them for other Treasury securities.
The assump¬
tion in the market was that the Secretary would make an
exchange

offer

for

called

these

bonds

March

on

15

and

would, in addition, give holders of the $728,428,400 of 1%%
maturing June, 15, 1940, the privilege of exchange

notes
for

a

must

issue

new

take

on

care

notes which

not

were

March

the

15

March

on

of

The

date.

tax

the

Treasury

$77,182,000 of 1%%

exchanged in December for the 2*4%

Illinois moved up to within

striking distance of Oklahoma, bonds or the 1% notes then offered. The Treasury has no
long-ranking third largest oil producer in the country, during bond or note maturity between June and December of
February when production continued to reach record heights this year.
each week.
The American Petroleum Institute report for
The Federal Intermediate Credit banks sold on Feb. 16
the week ended Feb. 24 [Latest available figures at month$23,450,000 of %% consolidated debentures, of which $21,end.—Ed.
Note] showed Illinois production at 414,200 000,000 was offered publicly and $2,450,000 was sold within
barrels.
The obligations were dated March 1 and fall
Daily average production over the Jan. 27-Feb. 24 the system.
period showed a gain of 120,500 barrels to 3,732,100 barrels. due on Dec. 2, 1940.
The Federal Intermediate Credit
Stocks of domestic and foreign crude oils were up
1,589,000^ banks used $20,200,000 of the funds so raised to meet a
barrels during the Jan. 29-Feb. 17 period, totaling 238,maturity on March 1, and used the remaining $3,250,000 as
new capital.
928,000 barrels at the latter date.
As of the close of business March 1, $189,The Mexican situation showed little change during the
975,000 of these debentures were outstanding.
month although it was unofficially reported at month-end
Secretary Morgenthau stated on Feb. 15 that market
that Consolidated Oil had reached an agreement with the
transactions in Government securities for
Treasury invest¬
Cardenas Administration.
Internally, the Mexican Govern¬ ment accounts in January resulted in net sales of $9,475,000
ment was not doing too well in the oil industry with President
as against net sales of
$3,157,000 in December.
Cardenas asking workers in the petroleum industry to take
The Treasury Department issued on Feb. 5 a memoran¬
"pay-cuts and "subordinate their own interests for the good dum saying that the face^ amount ol .Treasury obligations
of their nation."

There

were

Y—-——

—

■—

•

—r'

price cuts posted during the month..

no

In the refined

petroleum products field, the record high
gasoline held the spotlight, with inventories on
Feb. 24 rising to 96,719,000 barrels, up nearly 9,000,000
barrels from the total reported for Jan. 27 by the American
stocks

of

Petroleum Institute.
Gasoline

prices weakened in reflection of the weakened
position, with the mid-continent bulk market
sliding off until it was below the price structure maintained
during the comparable 1939 period.
Fuel oil prices were seasonally strong, with the West
Coast^market regaining the 15-cent a barrel loss sustained in
the first month of 1940.
The strength in the California
market brought some hope that the crude oil price cut, which
had affected those grades rich in fuel oil, would be rescinded.
statistical

Domestic market demand for gasoline

during March

was

estimated

by the United States Bureau of Mines at 45,100,000 barrels, up 6% from the actual market demand
during March last year of 42,520,000 barrels.
Export
demand was set at 3,400,000 barrels, nearly 1,000,000
barrels under the figure for the like 1939 month when foreign
demand was heavy.
Representative price changes showing the trend of the
major markets for refined products during February follow:
Feb. 3—Bulk gasoline prices sagged 34 cent a gallon in the mid-continent

Feb.

10—The Shell Oil Co. advanced fuel oil prices

90 cents,
Feb.

14—The

Feb.

on

15 cents

barrel to

a

Co.

met

the

advance in

15-cent

distributors

Ohio

of

cut

gasoline

prices in the

Toledo

34 cent a gallon in gasoline prices in Louisiana

posted by Standard of Louisiana.

was

FEBRUARY FINANCING

THE

OF

Though still running

UNITED

STATES

deficit, the Treasury

a

TREASURY

through

the collection, in the first 28 days of February,
$172,024,427 of social security taxes and the sale of
$137,122,732 of United States savings bonds, the so-called
baby bonds.
The Treasury's position was made somewhat
more

easy, too,

by the decline in the

excess of expenditures

this

period to $214,215,219 from a total of $245,114,188
in the like period of 1939.
The
weekly offerings of discount bills were eagerly
taken,

though

the

rate

at

which

they

bid

were

in

was

somewhat less favorable to the

January.

issue

par
in

dated

The

rate

on

Treasury than was the
the $100,000,000 discount

case

bill

Feb.

7 was so slightly below par that it was
by the Treasury in its announcement of
sale, for the accepted bids ranged from slightly above
down to 99.999.
This issue, like those in January, was

calculated

the

demand

avoidance

in

Middle

the

For

purposes.

West

for

last

the

personal
three

property

bill

issues

in^Fehruary the average rates were 0.005% to 0.006%
against 0.004% om the last issue of January.
of
Government' securities moved
in
a
narrow

Prices
range

in

February

closed

With

only

the slightest of
In fact, the Federal Reserve Bank of New York's

changes.
index

and

of

average

yield

on

Treasury

bonds

not

within

12 years was unchanged in the
month
The average yield on
Treasury notes of three to

maturity, though,
0.50% on Jan. 31.
With

the

was

market

Henry Morgenthau Jr.




$45,000,000,000."

corresponding period
28

sales

of 1939.

0.44% at the month-end,
steady,

Secretary

announced

on

of

the

callable

at

the

fiscal

year

savings bonds totaled $801,964,573 as
against $456,257,771 in the corresponding period of the
previous year. Redemptions of savings bonds also increased
slightly, the total for the first 28 days of February

being
$7,251,127, compared with $5,856,465 in the previous
year,
the total for the fiscal year to that date
being $67,066,577 as against $50,968,230.
The Treasury's daily statement
reported that receipts
for February to the 28th totaled
$430,061,871 as against
$417,349,324 in the like period of 1939.
The excess of
and

expenditures

for

$2,635,897,691

fiscal

the

year

Feb.

to

against $2,232,267,597
The details of Treasury bills sold on
given in the following tables:
as

Bills

Bills

Offered

Dated

Feb.

2 1940

Feb.

2S

a

amounted

discount basis

Amount

71940

Feb.

14 1940

Feb.

16 1940

Feb.

21

Feb.

22 1940

Feb.

28 1940

May

are

Subscrip¬
tions

91 days
91 days

May 15 1940
May 22 1940
May 29 1940

1940

o

Offering

8 1940

to

1939.

in

Mature

7 1940

91

91

$100,000,000 $270,753,000
100.000,000 223,822,000
days
100,000,000 200,702,000
days
106,000,000 215,771,000
To Redeem

Bills

Subscrip¬

Amount

Average

Offered

tions

Accepted

Price

$270,753,000
223,822,000
200,702,000
215,771,000

$100,420,000
100,444,000

99.999a

0.001 %a

99.999

0.005%
0.006%
0.005%

2 1940

Feb.

7 1940

Feb.

16 1940

Feb.

22 1940

The accepted

bids

100,836,000
100,454,000
tendered

were

Maturing
Yield

99.998
99.999

Issue of—

$100,320,000
100,196,000
100,161,000
100,114,000

at

prices ranging from slightly above
par
down to 99.999, the average price
being slightly under par.
Of the amount ten¬
dered at 99.999, 33% was accepted.

NEW SECURITY ISSUES

New

financing

February
since

undertaken

reached

June

of

the

in

greatest

IN FEBRUARY

the

peak

domestic

for

any

market
one

in

month

last

year.
The very substantial offering of
Bethlehem. Steel Corp., in the amount of
$105,000,000,
and placed on the closing
day of the month, largely ac¬
counted for the good showing in total dollar
volume for
the period.
The offering comprised three separate issues

the

and

was

wide

represented by underwriters taken from

list

of

investment

oversubscribed

the

Emissions

new

continued

for

day

to

reflect

of

any

the

totals

We

enumerate

appearance

banking firms.
of

offering

capital

and

purposes

improvement

The
the

placed

and,

a

nation¬

issues

books
in

likewise,

were

closed.

February
exceeded

previous month since mid-year of 1939
the larger
offerings to make their
in February's market:
below

RAILROAD

FINANCING

$960,000 New

York
New
Haven
&
Hartford
RR.
McMnste
Hutchinson & Co., W. H. Newbold's Son &
Co
and Putnam
& Co. on Feb. 28 offered
$960,000 trustees' 234% equipment
trust certificates at prices to
yield from 0.35% to 2 15%
according to maturity
The bankers were awarded the issue
Feb. 21 on a bid of 103.51.
PUBLIC UTILITY FINANCING

$26,000,000 Kentucky Utilities Co.—An
underwriting group headed
by the First Boston Corp. offered Feb. 29, $20,000,000 first
mortgage bonds 4% series of 1970, due Jan.
1, 1970 at 102
and int ; and $6,000,000
434 % sinking fund mortgage bonds,
due Feb. 1, 1955 at 10134 and int. It was
announced that the
issues were

2.33%.

five years'
as

For

of

,

tax

mar¬

keted
as

Feb.

was

of

not

the

to

a

in the
relatively comfortable position in February or not having
to approach the market with a new money offering.
Its
balance, indeed, w?as well maintained throughout the month

in

in

cut gasoline prices 1 cent a gallon in

gallon.

23—A reduction of

Arkansas

of

of

savings bonds fell substantially below
the record-breaking pace of
January, the $137,122,732 of
these obligations which the
Treasury sold in the first 28
days of the month were almost double the $68,340,413 sold

Feb.

Oil Co.

limit

debt

sale

fuel

area.

cent a

the

the West Coast.

Petroelum

General

20—Standard

y2

Feb.

in

statutory

While

the West Coast initiated by Shell Petroleum.

on

19—Independent

Toledo, O.,

and

Diego base,

San

prices

Feb.

area

ent

Feb.

aroa.

oil

outstanding on JanT3l was $42,230,176,025, leaving $2,769,S23,975 of securities which could be issued under the pres¬

against

Treasury

Feb. 13 that the 3%%

oversubscribed the day of offering.
group included, in addition to The First
G. Becker & Co., Inc.; Halsey, Stuart &
Co., Inc.; Harris, Hall & Co. (Inc.); Glore,
Forgan & Co •
Bonbright & Co., Inc.; Harriman Ripley & Co.,
Inc.; Blyth
& Co., Inc.; Central
Republic Co.; Kidder, Peabody & Co •
W. C. Langley & Co.; Lazard Freres &
Co.; Lee Higginson
Corp.; F. S. Moseley & Cel.; E. H. Rollins & Sons,
Inc., and
Stone & Webster and Blodget, Inc.
The

underwriting

Boston Corp.; A.

MONTHLY REVIEW

13

25,000,000 Dayton Power & Light Co.—A banking group headed by
Morgan Stanley & Co., Inc., offered Feb. 8, $25,000,000 of
first mortgage bonds, 3% series due 1970.
The bonds are
priced at 104, to yield 2.801% to maturity and 2.782% to
Jan. 2, 1966, the earliest date at which they are redeemable
at par. Other principal underwriters of the issue were: W.E.
Hutton & Co.; Smith, Barney & Co.; Harriman Ripley &
Co., Inc.; Bonbright & Co., Inc.; White, Weld & Co.; Mellon
Securities Corp.; Union Securities Corp. and Kidder, Peabody
& Co.

24,800,000 Southwestern
Feb.

made

Gas & Electric Co.—Public offering was
through

14

an

underwriting group headed by

Bonbright & Co., Inc., and Harriman Ripley & Co., Inc.,
of an issue of $16,000,000 1st mtge. bonds, series A, 3%%,
due Feb. 1, 1970.
The company concurrently offered an
issue of 75,000 shares of 5% preferred stock to the holders
outstanding 7% preferred stock under an exchange offer
which was also underwritten.
The 1st mtge. bonds were
priced at 103 and accrued int. from
subscribed the day of offering.

Feb. 1 and were

585,000 Rustless Iron & Steel Corp.—Further public financing of
the corporation through the sale of common stock to obtain
new
money for a proposed construction program was an¬
nounced Feb. 20 with the offering by W. E. Hutton & Co.,
New York, of 40,000 shares of common stock
(par $1).
The shares were offered by means of a prospectus

7,222,500 General Telephone
Corp.—Public offering of 135,000
shares (par $50) of $2.50 preferred stock was made Feb. 15
through an underwriting group comprising Bonbright &
Co., Inc.; Paine, Webber & Co., and Mitchum, Tully & Co.
The price to the public, exclusive of accrued dividends from
Jan. 1, 1940, was $53.50 per share.
3,400,000 Indiana

rectors

through the same bankers, 2,660 shares of $5 cumulative
preferred stock at a price of $104 per share, or a total of
$276,640. The bond issue was oversubscribed.

2,000,000 Interstate Telephone Co.—The company on Feb. 1 sold
privately to two insurance companies through Paine, Webber
& Co.; Mitchum, Tully & Co., and Bonbright & Co., Inc.,
an issue of $2,000,000 1st mtge. series A 3 % % bonds, dated
Jan. 1. 1940; due Jan. 1, 1970. Bonds were sold at 102% and
int. (from Jan. 1, 1940).
Proceeds will be used to retire on
March 4 all the outstanding 1st mtge. 5s due 1961 at 104.

1,000,000 San Diego County Water Co.—Company has placed
privately with the Northwestern Mutual Life Insurance Co.,
Milwaukee, an issue of $1,000,000 1st mtge. 3 % % bonds due
March 1, 1960.
The transaction was arranged through Blyth
& Co.

Proceeds were used to retire on March 1 at 105 the $804,500
1st mtge. 6s of 1962 and the balance will be used to repay the
company's treasury for funds advanced for construction of
properties.

New

York,
.

1940, the di¬

16,000 shares of no-par common stock
share at private sale.
This sale has been com¬

$26.50 a
pleted, and the proceeds will be used to provide additional
working capital and plant expansion.
[Of this block it is
understood that 4,000 shares were sold to Jackson & Curtis.
9,000 to Consolidated Investment Trust, and 3,000 to
Supervised Shares, Inc.l

400,000 Solar Aircraft Co.—Eldred, Potter & Co., Los Angeles, and
Heinzelmann, Ripley & Co., Inc., New York, offered on
Feb. 7 50,000 shares (no par) pref. stock, series A ($0.50
dividend, cumulative, convertible) at $8 a share.

400,000 (J.)

Weingarten,

Inc.

(Texas)—A syndicate headed

by

Moroney & Co. and including Milton R. Underwood & Co.,
Neuhaus & Co., Chas. B. White & Co., and A. W. Snyder
& Co., all of Houston, Texas, offered at par ($50 per share
plus accrued dividend from Feb. 15, 1940, to date of de¬
livery) $400,000 5%% cum. pref. stock, series of 1940.
Stock was offered to residents of Texas only.

375,000 Brainard

Steel Corp., Warren, Ohio—P. W. Brooks &

Co., Inc., New York, offered on Feb. 8, by means of a pros¬
pectus, $375,000 1st mtge. conv. 5%% bonds, series A, due
serially Jan. 1, 1941 to 1955, at prices ranging from 99%
to

21 of $3,400,000 first mortgage bonds, series A,

due Feb. 1, 1970, through.an underwriting group
headed by Bonbright & Co.. Inc.. and including Paijne.YVebber
Co. and MftcEum, Tully &*co.
Ihe bonds were priced at
105 and accrued int.
At the same time the company an¬
nounced that it had made arrangements to sell privately,

Galligan,

voted to sell

at

Associated Telephone Corp.—Public offering was

made Feb.

3%%,

&

424,000 Dewey & Almy Chemical Co.—On Feb. 9,

an.

Power Co.—On Feb. 15 the company
banking syndicate headed by White, Weld
1st mtge. 3%% bonds dated Feb. 1, 1940,
and due Feb. 1, 1960, and 7,500 shares of $5 cum. pref. stock.
The bonds were offered at 103% and accrued interest and the
preferred shares at $98 each.
Associated with White, Weld
& Co. were:
A. C. Allyn & Co., Inc.; Kidder, Peabody &
Co.; Coffin & Burr, Inc.; Halsey, Stuart & Co., Inc., and
W. E. Hutton & Co. The bond issue was oversubscribed.

Corp.—Stolz

offered at $3 a share 185,000 shares of common stock ($1 par)

over¬

Reserve

Gravure

555,000 Morart

The public offering price of the

offered through a
& Co., $7,750,000

were

575,000 John Carroll University, Cleveland, Ohio—DempseyTegeler&Co., St.Louis, offered $575,000 lst& ref.mtge.bonds
(price on application).
The bonds bear 3%, 3%%, and 4%
coupons and become due semiannually Nov.
1, 1941 to
May 1, 1955.

Sreferred
1.
stock was $103 per share, plus accrued divs. from
8,485,000 Marion

and

priced at the market (approximately $14%).

102%, according to maturity.

300,000 Menasco Mfg. Co.—A total of 300,000 shares of common
-'stock' (par "$T) was offered to sto(:kholdets fdf" sOTjscffption
pro rata in the ratio of one new share for each two shares
held of record affile close of business on Feb. 10, 1940.
Transferable subscription
warrants
evidencing such sub¬
scription rights, exercisable only in amounts calling for full
shares, and expiring 3 p. m. (PST) on March 6, 1940, or at
such later date as shall be decided by the company, but not
later than March 27, 1940, were issued to such stockholders
of record.
The issue was underwritten by Sutro &
Co.
(without firm commitment).
250,000 Cola Self Service Co., Inc. (N. Y.)—S. G. Lyon & Co.,
Inc., New York, offered 50,000 shares of partic. pref. stock
(par $1) at $5 a share.
The offer was limited solely to resi¬
dents of New York State.

200,000 Mid-Continent Airlines, Inc.—Murdoch, Dearth & White,
Inc., Des Moines, Iowa: George F. Ryan & Co., St. Louis,
Mo., and Kalman & Co., St. Paul, Minn., offered at $4 a
share 50,000 shares of common stock (par $1).
180,000 McLouth Steel Corp., Detroit, Mich.—Campbell, McCarty
& Co., inc., Detroit, recently offered at 102 and int., to yield
5.15% to maturity, an issue of $180,000 1st mtge. sinking
fund 5%% bonds, series B
(with stock purchase warrants
attached).
Bonds were sold to residents of Michigan only.

INDUSTRIAL AND MISCELLANEOUS FINANCING
MUNICIPAL FINANCING

S105»OOO.OOOlBethIehem Steel Corp.—Public offering of $105,000,000 of
securities of the nation's second largest steel producer

new
was

made Feb.

Of the total, $30,000,000 were consol.

29.

mtge. 20-year sinking fund 3% bonds, series G, due Feb. 1,
1960, priced at 98% and accrued interest; $40,000,000 were
mtge. 25-year sinking fund 3%% bonds, series H,
due Feb. 1, 1965, priced at 100% and accrued int., and
$35,000,000 10-year serial debentures maturing March 1,
1941 to 1950, incl., priced at 100% and accrued int. for all
maturities.
Interest rates on the serial debentures range from
consol.

H of 1% for the 1941 maturity up to 2.60% for the 1950
maturity.
The underwriters of the three issues included a
list of investment banking firms headed by
Kuhn, Loeb & Co.; Smith, Barney & Co. and Mellon Securi¬
ties Corp. managing the offering.
Other principal under¬
writers were Morgan Stanley & Co., Inc.; Harriman Ripley
& Co., Inc.; Dillon, Read & Co.; The First Boston Corp.;
Union Securities Corp.; Blyth & Co., Inc.; Bonbright & Co.,
Inc.; Goldman, Sachs & Co.; Hemphill, Noyes & Co.; Lazard
Freres & Co.; Lehman Brothers; Kidder, Peabody & Co.;
Lee Higginson Corp.; Glore, Forgan & Co.; Hallgarten &
Co.; G. M.-P. Murphy & Co.; Dean Witter & Co.; Clark,
Dodge & Co.; Hayden, Stone & Co.; W. E. Hutton & Co., and
White, Weld & Co. The issues were oversubscribed the day of
offering and the books closed.
In addition to those underwriting firms who maintain retail
organizations, more than 500 dealers across the country par¬
ticipated in the distribution of the $70,000,000 consol. witge.
bonds.
The serial debentures were sold for the account of
the underwriters thereof by the managers of the public

nation-wide

offering.

30,000,000 Commercial
Investment Trust Corp.—The company
placed privately with the Metropolitan Life Insurance Co.
and the Prudential Life Insurance Co. a total of $30,000,000
of notes consisting of $20,000,000 seven-year 2% notes dated
Feb. 1, 1940, and due May 1, 1947, and $10,000,000 threeyear 1% notes dated Feb. 1,
1940 and due May 1, 1943.
Proceeds will be used to finance expansion of company's
operations.

16,000,000lSkelIy Oil Co.—A $16,000,000 financing program for the
company

got under way Feb. 20 with the public offering of

$10,0()0,000 3%

r

debentures through

an

underwriting group

headed by Eastman, Dillon & Co. The announcement
April

Eastman, Dillon & Co. also placed privately serial
aggregating $6,000,000, maturing annually from
1,

stated that
notes

1942 to 1946, and bearing interest rates ranging from 1%%

priced at 100 and accrued
interest.
Associated with Eastman, Dillon & Co. in the
offering of the debentures were The First Boston Corp..
Halsey, Stuart & Co., Inc., Kidder, Peabody & Co., Union
Securities Corp., Hemphill, Noyes & Co. and Riter & Co.

to

r
*

2%%.

The debentures

were

The issue was oversubscribed.

3,000,0003Blaw-Knox Co.—Mellon

Securities

and associated

Corp.

offered Feb. 16 $3,000,000 1st mtge. 3%%
bonds at 100 and accrued interest.
Moore, Leonard & Lynch,

underwriters

Pittsburgh, and Dillon, Read & Co. were associated in the
offering of the issue.
1,000,000 Affiliated Fund,

Inc.—Lord,

Abbett &

Co.,

Inc., New

York, offered $1,000,000 additional 4% 10-year secured con¬
debentures at par and interest, thus bringing the
total amount of 4% debentures outstanding up to $8,000,000.
vertible

$98,500,000 Triborough Bridge Authority, N. Y., callable revenue
bonds, including $50,000,000 sinking fund 3%s due Feb. 1,
1980, $40,000,000 serial 3s due from 1953 to 1975, incl., and
$8,500,000 serial 2%s due 1945 to 1952, incl., were purchased
by a large banking group headed by Dillon, Read & Co. of
New
York.
In the reoffering,
the 3%s were priced at
102.25 and accrued interest and the serial 2%s and 3s were
offered from a yield basis of 1.50% to a price of 99.50.
The
Authority received a price of par plus a premium of $86,000
for the issue.
The financing resulted from a consolidation of
the original Triborough Bridge Authority and the New York
City Parkway Authority, and $71,000,000 of the proceeds
were set aside for redemption of the outstanding debt of the
previously autonomous units.
Call for retirement of such
indebtedness

Corp.,

Dallas, Texas—Dallas Rupe &

Dallas, Texas, offered
stock at $10 a share.




Y., 3% fourth series

3,100,000INewport, R. I., waterworks system purchase bonds purchased
by an account headed by Phelps, Fenn & Co., Inc., New
York, as 2%s, at 100.36, a basis of about 2.22%.
Due
annually from 1941 to 1971, incl., and reoffered on a yield
basis of from 0.15% to 2.40%, depending on date or the
maturity.

2,775,000JHartford,

Conn.,

public works

bonds,

due serially from

1940 to 1959, incl., sold to a group headed by the First Na¬
tional Bank of New York as 1 %s at 100.189, a basis of about

1.48%.
Reoffered from a yield of 0.15% to a price of 98,
depending on maturity.
2.398,000 Pittsburgh, Pa., 1.90% refunding bonds purchased by
Singer, Deane & Scribner of Pittsburgh and associates, at a
price of 100.08, a baste of about 1.89%.
Due from 1941 to
1960, incl., and reoffered to yieldfrom 0.20% to 2.13%.

1,500,000 Mississippi (State of) highway bonds bearing interest rates
of 2% and 3%% and due semi-annually from 1941 to 1952,
incl., sold to a group headed by John Nuveen & Co. of Chicago
at a price of par plus $11.11 premium, or a net interest cost
/of about 2.14%.
Reoffered to yield from 0.40% to 2%,
according to interest rate and date of maturity .|fi
1,300,000 Ohio Bridge Commission, Ohio, 2% Sandusky Bay Bridge
revenue
refunding bonds awarded to a group headed by
A. C. Allyn & Co., Inc., of Chicago, at a price of 102.11,
a basis of about 1.59%.
Due from|1940 to 1948, incl., and
callable

under

various

conditions.!!

1,100,000 Cincinnati, Ohio, Southern Ry. refunding bonds
were
purchased by the National City Bank of New York and asso¬
ciates as 2s, at a price of 101, a basis of about 1.94 %.
Dated
April 1, 1940, and due April 1, 1960.
1,000,000

revenue bonds sold to an account
Securities Corp. of Nashville.
Due

Gadsden, Ala., 4% water
headed by the Equitable

from 1941 to 1978, inclusive.

100,000 shares of class A preference

5% convertible debentures, due June 1, 1946, at 103 % %
before March 1, 1940; and for general working capital.

on or

N.

6,300,000 Erie County, N. Y., home relief bonds, awarded to Halsey,
Stuart & Co., Inc., New York, and associates, as 1.90s, at
100.039, a basis of about 1.89%.
Due $630,000 annually
from 1941 to 1950, incl., and reoffered to yield from 0.35%
to 2.10%, according to maturity.l

Son,

750,000 Securities Acceptance Corp.—Barney Johnson &
Co.,
Chicago, on Feb.8offered $700,000 10-year 4>3% conv. debs,
at 100 and int.
Debentures are dated Jan. 1, 1940, due
Jan. 1, 1950.
Company is to apply net proceeds (estimated
at a total of $654,730 after deducting expenses but excluding
accrued interest) to retirement of $370,000 outstanding 10year

York Authority,

general and refunding callable bonds, dated Dec. 15, 1936
and due Dec. 15, 1976, awarded to a syndicate headed by
Halsey, Stuart & Co., Inc., New York, at a price of 99.188,
a
basis of about .3.02%.
Reoffered at a price of 100.25,
to yield about 2.989% to maturity. -

Proceeds to be used for investment purposes.

1,000,000 Prudential

has been issued.

33,000,000lPort of New

DIVIDEND

Dividend

favorable nature.

tions,

CHANGES

declarations

namely,

in

IN FEBRUARY

February

The following list,

"Favorable

Changes," gives the

more

were

largely

of

divided into two

Changes"

and

a

sec¬

"Unfavorable

important of the changes:

March, 1940]

MONTHLY REVIEW
FAVORABLE CHANGES

Aluminium Ltd.—Dividend of
SI.50
March 27

American

share payable in Canadian funds.

a

the common stock.

on

Colortype

of

25c.

share

a

the

on

Co.—Initial quarterly dividend of $1.18% a

the 4% % preferred
stock, payable April 1.

on

American Ice Co.—Dividend of
50c. a share on the 6% non-cumulative
preferred stock, payable March 15.
Last previous payment amounted
to 25c. a share and was
made on Sept. 24, 1938.

Arizona Power
Corp.—Initial dividend of $3.66
cumulative preferred stock,
payable March 1.

Arkansas
Feb. 15

Western

Gas

Co.—Initial dividend

share

a

of

$1

the common stock.

on

the $6 non-

on

share

a

paid

was

Atlas Powder Co.—Dividend of
75c. a share on the no par common stock,
payable March 11. A distribution of $1.50 was made on Dec.
11, last and
dividends of 50c. a share were
paid in each of the three preceding quarters.
Basic Dolomite, Inc.—Dividend of
12%c. a share on the common stockpayable March 15.
On Dec. 15, last a distribution of 25c. a share was
made and 6%c. a share on
Sept. 15 and June 15, 1939.

Bayuk Cigars, Inc.—Dividend of 25c.
payable March 15.
Previously regular
share

were

share

a

a

Boston

Woven Hose & Rubber Co.—Dividend
increased from 25c. a share to 50c. a share,

on

the

stock

common

payable March 15,

Co.—Regular quarterly dividend

participating dividend of 25c.
pany, payable March 30.
Bunte

Brothers—Dividend

share to $2

share

a

of $1.75

the

on

a

stock

increased from

share payable March 1.

a

$1

a

California Ink Co.—Dividend of
62 %c. a share on the no par common
stock, payable March 20. Previously
regular quarterly dividends of 50c. a
share were distributed.
On Dec. 20, last, an extra of
12%c. a share was
paid along with the regular
quarterly dividend.
Canada Iron
Foundries, Ltd.—Dividend of $3 a share on the 6% noncumulative preferred stock,
payable April 30.
A distribution of $2 a
share was
made

Canada

Canada

37%c.

Steamship Lines—Dividend

a

on the no par capital stock in~
share, payable March 15.

of 62%c. a share on the
5% preferred

A payment of 50c.

Canners, Ltd.—Participating

addition to

stock and

a

a

a share was made on

dividend of five

regular quarterly dividend of 25 cents

participating dividend of five

quarterly dividend of 15c.
payable April 1.

share

per

cents per

on

share

the first pref

cents in addition to a

regular

the second preferred
stock, all

on

Directors also declared a dividend of 12
% cents per share
stock, payable April 1. This will be the
first dividend paid
shares since April 1, 1932 when
five cents per share was

on

the

common

on

the

common

distributed.

Canadian Celanese,
Ltd.—Participating dividend of $1.16
regular quarterly dividend of $1.75 a share on
preferred stock, par $100, both
payable April 1.

Canadian

Cottons, Ltd.—Extra dividend

^arterly dividend of $1
Canadian
on

Foundries

of

$2

the

a

7%

share and a

cum.

partic.

share

a

and

a

regular

a share on the common stock, both payable

&

Forgings, Ltd.—Dividend of 37%C. a share
the class A stock,
payable April 2. Last previous distribution amounted
a share and was made on
Dec. 1, 1938.

Canadian General Electric
Co., Ltd.—Dividend on the common stock
increased from $1.50 a share to $2 a
share, payable April 1.
Canadian Marconi Co.—Initial dividend
of 4c. a share on the common
stock, payable June 1, next.

Carpenter Steel Co.—Dividend of 50c.
Is payable March 20, next.
Champion Paper & Fibre Co.—Dividend
a

share to 15c.

a

the common

on

stock-

the common stock increased

share, payable March 15.

Canal Co.—Extra dividend of
$4 a share and a regular
quarterly of $1 a share, both payable March 30, on the common
stock.

Chicago Mill & Lumber Co.—Dividend of 50c. a share on the
class A
and class C stocks,
payable April 15. The last previous pavments on the
above issues amounted to $1.50
1937.

Clark

share each and

a

March

amount

were

a

stock,

15.

March 13.

of $1.25

on

Oct.

1,

share

a

on

distribution of
both payable

the common stock,
payable

This compares with $1 a share
paid on Dec. 23, last.

Cluett, Peabody & Co., Inc.—Interim dividend
par common

of 50c.

a

share

stock, payable March 25.

on

the

on

the

stock increased

common

from 25c,

a

share and

a

share, payable March 15.

Telephone Co.—Regular quarterly dividend

stock incrased from 25c.

share to 30c.

a

share and

a

a

participating
the

on

common

initial quarterly

an

dividend of 62%c.

a share on the new $2.60 preferred stock.
The com¬
dividend is payable March 15 and the
preferred on April 1, next.

mon

General Telephone Tri
Corp.—Dividend of 50c. a share on the common
stock, payable March 22, next.
This/compares with a dividend of 25c.
a share paid on Dec.
22, last, and an extra of 75c. a share also on the
date.

Goodall Securities
par

common

Corp.—Dividend of $1

share

a

common

paid Feb. 1 on the

was

stock.

Goodyear Tire & Rubber Co.—Extra dividend

of 25c.

share

a

on

the

stock, payable March 15.

(W.

F.) Hall Printing Co.—Dividend of 25c. a share on the common
stock, payable March 20.
This will be the first common dividend pay¬
ment made since Feb.

Harbison-Walker
stock,

common

2, 1932, when 30c.

Revractories
payable

share

a

distributed.

was

Co.—Dividend of 25c.

March

1.

share

a

on

the

This

compares with 55c. paid
the three preceding quarters.

on

Hathaway Manufacturing Co.—Dividend of $1.50 a share on the com
mon stock,
payablelMarcn 1.
This compares with $1 paid in each of the
preceding quarters.

Haverty Furniture Companies—Dividend of 25c. a share on the common
stock, payable Feb. 24.
A distribution of five cents a share was paid on
Nov. 25 and

on

Oct. 25, last.

Hercules Powder

Co., Inc.—Dividend

of 60c.

share

a

the

on

stock, payable March 25.
This compares with $1.65 paid
last, and 40c. paid in each of the three
preceding quarters.

common

Dec. 22,

on

(Charles E.) Hires Co.—Stockholders on Feb. 13 took action to amend
the certificate of incorporation to eliminate the class B stock and sub¬
a

new

class of stock to be known

as

capital stock,

value $1.

par

The directors declared an initial dividend of 30c. on the new
stock, payable
March 1 to stock of record Feb. 23.
When the amendment takes effect
each share of class B stock will be converted into three shares of the new

capital stock,

so that the initial dividend of 30c.
90c. upon the old class B stock.

becomes equivalent to

Hooker Electrochemical Co.—Dividend on the common stock increased
from $1 a share to $1.25 a share and was
paid on Feb. 29, last.
Hoskins

Mfg. Co.—Dividend of 25c. a share on the $2% par, common
stock, payable March 26.
This compares with 40c. a share paid on
Dec. 22, last, and 20c. a share paid in each of the three
preceding quarters,

(Harvey) Hubbell, Inc.—Dividend of 40c.

share

a

on

the common

payable March 20. This compares with an extra dividend of 20c.
together with a dividend of 30c. a share paid on Dec. 20, last.

Independent Pneumatic Tool Co.—Dividend

40c.

of

stock payable March 29.
A dividend of $1
a share in previous quarters.

common

a

share

a

share

was

stock,

a

share

the

on

paid on

Interstate Hosiery Mills, Inc.—Dividend of 25c.

a

share

on

the common

stock, payable March 15.
This will be the first dividend paid on this1937, when 75c. a share was distributed.

issue since December,

Jamaica Public Service Co., Ltd.—Initial quarterly dividend o
share on the common stock, payable April 1.

Keystone Steel & Wire Co.—Dividend
increased from 20c.

a

share to 25c.

a

17c.

a

on the no par

value common stock
share, payable March 15.

(J. A.) Lang & Sons—Special dividend of 30c. a share and a regula*
quarterly of 17 %c. a share on the common stock, both payable Aprill.
Land & Exploration Co.—Dividend of 10c. a share on the
stock, payable March 15.
A distribution of 5c. was made on

common

15, last.

Ludlow Mfg. Associates—Dividend of $2
dividends of $1.25

This
a

compares with

a

share

on

$1.50 paid

the

stock,
1, last and

common

Dec.

on

share in the three preceding quarters.

Magma Copper Co.—Dividend of 50c. a share on the common stock of
$10 par, payable March 15.
This compares with $2 paid on Dec. 15, last,
and 25c. paid in each of the three preceding quarters.
Monsonite

Corp.—Extra dividend of 25c.
on

a share and a regular quart3rly~
the common stock, both payable March 10.

Master Electric Co.—Dividend on the common stock increased from 40c.
a share to 60c. a share, payable March 20.
Matson Navigation Co.—Dividend en the common tsock increased from
25c. a share to 30c. a share and was paid on Feb. 15.

McLouth Steel Co.—Initial dividend of 25c.
the common stock.

a

share

was

paid Feb. 15 on

Consolidated Investment Trust—Special dividend of
10c. and a regular
quarterly dividend of 30c. a share on the capital
stock, both payable

Miami Copper Co.—Dividend of 20c. a share on the common stock, payable
March 1.
The last previous distribution was made on Dec.
1937,
and amounted to 15c. a share.

David

Modine Mfg. Co.—Dividend of 50c. a share on the

March 15.

& Frere. Ltd.—Extra dividend of 10c. a
share and a
quarterly
dividend of 25c. a share on the class A
stock, both payable March 30
Previously regular quarterly dividends of 15c. a share were
distributed.

Deisel-Wemmer Gilbert Corn.—Dividend
increased from 25c.
Duncan

Electric

from 25c.

a

a

on the $10
par common stock
share to 37%c. a share, payable March
25.

Mfg.

Co.—Dividend

share to 35c.

a

the

on

common

stock

increased

share, payable Feb. 24.

14, June 14, and March 14, 1939.

Eagle Fire Insurance Co.—Dividend

a

share

The last previous distribution

to 15c.

was

share and

paid

on

payable March 20.

Dividend of 75c.

the common stock'
this issue amounted

Monarch Machine Tool

Co.—Dividend of 50c.
stock, payable March 1.
This compares with

on

Sept. 30, 1937.

Ward

a

& Co.—Dividend

share to 50c.

a

National Bond

Feb. 23.

This compares with 10c.

a

dividend of 50c.
last.

a

share

on




the

par common

share distributed

Faber, Coe & Gregg, Inc.—Special dividend
common

an

extra

common

.a

increased

stoc

on

the common stock in¬

share, payable March 21.

on

Nov. 15.

were

paid

a

National Life

share

on

the common stock

a share

paid

Dec. 15,

o

& Accident Insurance Co.—Stock dividend of
40% on

the common shares payable

a

March

1, next.

on the common stock increased from 50c.
share to 60c. a share, payable April 1.

on

England Telephone & Telegraph Co.—Dividend of $1.75
the common stock payable March 30.

23

last,

and

regular

quarterly

Dividend of $2

dividends

of

$1.50

a

wras

a

share

paid

share

on

were

previously distributed.
Newmarket Mfg.

quarterly

no

Feb. 26,

on

on

a

pavable March 15.
This compares with 17%c.
last, and 7 He. in preceding quarters.

a

stock, payable

of $2 a share and

stock, both

the

National Container Corp.—Dividend of 20c.

Dec.
no

on

& Investment Co.—Dividend

New

the

pre¬

the common
of 25c. and a

on

Montreal Cottons, Ltd.—Dividend on the common stock increased from
50c. a share to $1 a share, payable March 15.

Ex-Cell-O Corp.—Dividend on the common stock
increased from 30c.
share to 40c. a share, payable April 1.
on

share

share, payable April 15.

(j. J.) Newberry Co.—Dividend

share

a

regular dividend of 30c. paid on Dec. 1 last.

Montgomery

Electrolux Corp.—Final dividend of 30c. a share on the
$1 capital shares
payable March 15, 1940. A distribution of 20c. was paid on Dec.
15, last

a

stock!

paid Dec. 20, last, and

on

Electric Controller & Mfg. Co.—Dividend of 75c. a
share on the no par
value common stock, payable April 1.
This compares with 50c.
paid in
each of the four preceding quarters.

Exolon Co.—Dividend of 15c.

was

no par-common

viously a regular quarterly of 25c. a share.

creased from 20c. a share to 25
of 5c.

payable March 1.
a

,

from 25c.

(E. I.) du Pont de Nemours & Co.—Interim dividend of $1.75 a
share
on the common
stock, payable March 14. This compares with a
year-end
dividend of $3.25 paid on Dec. 14, last, and a dividend
of $1.25 on Sept.

•

General

of like amount

dividend of 25c. a share and
declared on the common

Chrysler Corp.—Dividend

no

made

were

Equipment Co.—Extra

similar

a

payable March 1.

Chicago Dock &
I

Co.—Dividend

share to 60c.

this issue on Dec.
on

increased

value increased

General Steel
Wares, Ltd.—Participating dividend of 7c.
regular quarterly dividend of $1.75 a share on the
7%
preferred stock, both payable Feb. 20.

Louisiana
share

a

stock

par

Dec. 28, last, and 25c.

to 25c.

from 10c.

Gamewell

stitute

share to 50c.

a

1^ ^939 Er' payable April

Canadian
in

Nov. 5, last.

Malting Co., Ltd.—Dividend

creased from

P April

on

no

share, payable March 15.

.«_Dec-4-rJastr.a-nd-15o:^-paid-in-each of

share plus a
the preferred stock of the com¬

common

a

stock of

common

Fruit of the Loom
Co.—Dividend of 2,5c. a share on the preferred stock,
payable March 15. A distribution of $1 was made on
Dec. 20, last, and
an initial dividend of
10c. on April 1, last.

three

on

share to 25c.

a

the

dividend of 50c. a share and a regular
quarterly dividend of 25c. a share on the common stock, both
payable
April 1. An extra of 25c. was paid on June 30 and one
onfApril 1,19o9.

no

Bobbs-Merrill Co.—Dividend of 50c. a share on the common
stock, payable
Feb. 19, marking the
resumption of dividends on this issue. A distribution
of 60c. a share was
previously made on June 20, 1938.

Wheel

from 20c.

on

(Peter) Fox Brewing Co.—Extra

stock,

common

Belden Mfg. Co.—Dividend of 20c. a
share on the $10 par common stock,
payable March 1. This compares with 30c.
paid on Dec. 1, last, and 15c.
on Aug.
15, last.

Budd

Foote-Burt Co.—Dividend

same

the

on

quarterly dividends of 18%c.

distributed.

Bank Stock
Corp.—Dividend on the common
from 25c. a share to 30c. a
share, payable April 1.

common

American Export
Lines, Inc.—Dividend of 25c. a share on the common
stock, payable March 15. This compares with 50c.
paid on Dec. 21, last
and 15c. on March 21, 1939.
share

Fafnir Bearing Co.—Extra dividend of
50c. a share and a regular quarterly
dividend of $1 a share on the common
stock, par $25, both payable
March 30.
first

Co.—Dividend

stock, payable March 25, the first payment to
be|made on these shares
since June 30, 1931, when 20c. a
share was distributed.

American Gas & Electric

13

par

Co.—Dividend of $1 a share on the common stock of
value, payable Feb. 15.
A distribution of $1.50 a shar was made
15, last, and previously regular quarterly dividends of 75c. a

Nov.

share

were

distributed.

.

MONTHLY REVIEW

14

Shipbuilding Corp.—Dividend of SI.75 a share on account
7% preferred stock, payable April 1, and marking the

York

New

of accruals on the

resumption of payments on this
Ohio

class A and class B

Co.—Dividend of 50c. a share on the

Brass

stocks, payable March

common

issue.

Johns-Manville Corp.—No action on the payment of a common
at this time.
A distribution of $2 a share was made on Dec.
and 75c. a share on Sept. 25, last.
Lake

of 25c. a share and a regular

Indemnity Co.—Extra dividend
quarterly of 40c. a share on the common
April 1.

stock of $10 par, both payable

Managed Estates, Inc.—Dividend on the common
8c. a share to 4c. a share, payable March 15.

from 20c. a share to

Petroleum Exploration,

Inc.—Extra dividend of 10c. a share and a regular
the common stock, both payable

quarterly dividend of 25c. a share on

mon

& Electrotypers, Ltd.—Extra dividend of 50c. a share
like amount on the common stock, both
payable March 1.

STOCK MARKET DURING

COURSE OF THE

stock increased from

Progress Laundry Co.—Dividend on the common
10c. a share to 20c. a share, payable March 1.
20c. was paid on this issue Dec. 1, 1939.

An extra dividend of

stock

The

acted in. the first

market

as

Quaker State Oil Refining Co.—Dividend of 25c. a share on the $10
par, common stock, payable March 15.
This compares with 50c. paid
on Dec. 15 last, and 20c. in each of the three preceding quarters.

though it might break out

it

had

Real Silk Hosiery Mills, Inc.—Dividend of $2 a share on account of ac¬
cruals on the 7% preferred stock, payable March 25, the first paid since
Dec. 22, 1936, when $10.50 a share was distributed.

settled

Co.—Dividend of 25c. a share on the common
March 15.
An extra dividend of 15c. and a quarterly of
paid on Dec. 15 last, and a regular quarterly of 20c. a share

Rheem Manufacturing

stock, payable
25c.

were

previously.
Scoville Mfg. Co.—Dividend of
April 1.
This compares with
Oct. 2 last.

25c. a share on the common stock, oayable
75c. cn Dec. 22 last, and 20c. a share on

Seiberling Rubber Co.—Dividends totaling $138,929 on all classes of
preferred stock, including payment of arrears on the old qlass B preferred,
were declared on Feb. 20.
All dividends are payable April 1 to holders
of record March 15.

declarations were: A dividend of 45c. on the
stock covering the period from Jan. 26
(the-date-ofjthe issue) to April 1, 1940; a dividend of $1.25 on class A pref.
for the period from Jan". Ttb April 1, 1940': and a dividend of $75?38 on
class B preferred for the period from Jan. 1, 1930, to June 1, 1939.
This action eliminates arrearages on class B preferred and clears the
way for resumption of dividends on common stock.
Included in the dividend

$2.50 convertible prior preference

■■■>•

Corp.—Dividend on the $1 par common stock increased from
share to 10c. a share, payable April 1.

Shelter Mfg.
7 Ac. a

Shepard-Niles Crane & Hoist Co.—Dividend of 50c. a share on common,
payable March 1.
This compares with $1.50 paid on Dec. 1 last, and
25c.

share in each of the five

a

preceding quarters.

Sloss-Sheffield Steel & Iron Co.—Dividend of 75c. a share on the common
stock, payable March 21. This compares with $2 a share on
and 50c. a share on Sept. 21, and on March 21, 1939.

Dec. 21, last,

Soule Mill—Company paid an initial dividend of $1 a share on its common
stock on Feb. 15, last.
•
South

Pennsylvania Pipe Lines—Dividend of $5 a share on the
1939 four quarterly

West

stock, payable April 1.
During the year
a share were distributed.

common

dividends of 50c.

Bros., Ltd.—Extra dividend of 60c. a share and a regular
quarterly dividend of 15c. a share on the common stock, both payable
April 00. An extra of 40c. was distributed on April 1, 1939.

Stedman

Steel

Products

Engineering Co.—Dividend of 20c. a share on the $1
Dividend of 30c. was paid on
July 1, last.

capital stock, payable March 30.

par,

Dec. 26, last and 15c. on Sept. 30 and

Sundstrand Machine Tool Co.—Dividend of 50c.

a

share

on

the

common

stock, pavable March 30, the first since Dec. 28, 1937, when 25c. a share

J

distributed.

was

Tappan Stove Co.—Dividend
payable March 15.

.

of 25c.

share on the common stock,

a

Tecumseh Products Co.—Dividend of 10c. a share was paid Feb. 25, on
the common stock.
This is the first dividend paid since Dec. 20, 1937,
when

regular quarterly of 12 Ac. was distributed.

a

Inc.—Dividend of $1.75

Time,

share on the common stock payable

a

On Sent. 30 and June 30, 1939, extras of 50c.

in addition to regular

dividends of $1 a share were paid.

Todd Shipyards Corp.—Dividend on the no par common
from 50c. a share to 75c. a share, payable March 15.

stock increased

Transue & Williams Steel
the
the

common

Forging Corp.—Dividend of 15c. a share
stock, payable March 14.
This will be the first paid

Carbide

Union

10c.

a

on

Carbon

&

creased from 50c. a

United

on

stock since Dec. 1, 1937, when 30c. a share was distributed.

common

Elastic

Corp.—Dividend on the common stock in"
share to 60c. a share, payable April 1.

Corp.—Dividend on the common stock increased from
a share, payable March 23.

share to 15c.

United States Envelope Co.—Dividend of $1 a share on the common stock*

payable March
since March

This will be the first paid

1.

on

the

common

shares

1, 1938, when $2 A a share was distributed.

clas8

Utah-Idaho Sugar Co.—Dividend of 30c. a share on the preferred
A stock was

paid

on

Feb. 23, last, the first paid since September, 1938.

Veeder'

Root, Inc.—Dividend of 50c. a share on the common stock,
payable March 15. A distribution of $2 a share was made on this issue on
Dec. 15, last, and compares with regular quarterly dividends of 25c. a
share paid previously.

Virginia Coal & Iron Co.—Dividend on the common stock increased from
25c. a share to 50c. a share, payable March 1.
-

Wagner Electric Corp.—Dividend of 50c. a share
payable March 30.
This compares with $1 paid

on

'

25c.

a

on

the common stock,
Dec. 20, last, and

share in each of the four preceding quarters.

Waltham Watch Co.—Dividend of $7 a share

on the 7% preferred stock,
payable March 15, the first paid since Oct. 3, 1938, when $1.75 a share

was

(S.

distributed.

D.)

Warren

Co.—Dividend of 75c.

pavable March 25.
a

share

in

Dividend of $1

each of the four

a

was

share

paid

on

the common stock*
Dec. 26, last, and 50c.

on

preceding quarters.

Westinghouse Air Brake Co.—-Dividend
from 12

West

Ac.

a

Virginia

share to 25c.

Pulp

increased from 5c.

a

&

a

on the common stock increased
share, payable March 15.

Paper

Co.—Dividend

share to 10c.

a

on
the common
share, payable April 1.

Westvaco Chlorine Products Co.—Extra dividend of 35c.
common

a

share

stock

the

a

proved short lived,

share

was

to its

down

FEBRUARY

week of February

of the trading rut in which
months, but the advance

and after this brief flurry the market
familiar routine of dulness and small

The week ended Feb. 10 saw a rise of 2.10
stock price index, and sufficient interest
in trading was generated to give the week one 1,000,000sliare day.
But that was the only day in all of February
when share turnover ran into seven figures.
For the entire
price changes.

points net in the

slightly less than

of

volume

It was the smallest
and for any Febru¬

and for February,

shares,
The

stock

The'total for January was 15,990,665
1939, was 13,-873,323 shares.

1921.

since

600,000 shares.

month since last June,

volume for any
ary

days,

trading

13,470,755 shares, giving a daily average

to only

amounted

23

of

consisting

month,

range

of prices was the

narrowest of the last year,

of 50 stocks compiled
low being 105.40. The
closing level of the index was 107.24, almost equidistant
between the high and low, and the net change was an
advance of 0.S0 point, compared with a decline of 3.56
points in January and a rise of 3.66 points in December.
Behind this small net change for the index, however, there
were some pronounced cross currents among various stocks.
Chemical issues and aircraft shares were for the most part
strong, and the steels and coppers found more support
with investors than did stocks generally.
The decline in
steel production, in progress since
December, began to
flatten out, and the trade noted an improvement in buying
of steel for export
Sales of copper toward the close of
the month were at the best levels since September, and the
trend
of the price of copper toward lower levels was
reversed.
Utility stocks and a number of rails, on the
other hand, lagged behind the general list.
Utilities came
under something of a cloud when the Securities and Ex¬
change Commission issued, as the month closed,, its first
show-cause orders under the Public Utility Holding Com¬

high being 109.22 for the index
by the New York "Times," and the
the

Act.
This action was foreshadowed by fqequeut
of action by the Commission.
An outstanding feature of the stock market's perform¬
ance this year is its failure to show a decline commensurate
with the decrease in business activity from the peak of
last December.
Just as the stock market did not show a
rise last fall proportionate to the rapid improvement in
business, so it lias not kept pace with the slackening in
industrial activity in the last two months.
From a level
of 128 in December, a record high, the index of industrial
pany

Board of Governors of the Federal Reserve
declined to 120 in January, and declined further
to the 110-112 level in February, according to expert esti¬
mates.
The stock index, on the other hand, was at the
end of February at 107.24, or only 3.11 points under its
December high.
The behavior of the stock market would
seem to besiieak a belief on the part of investors that the
recession in business activity would not long persist.
There was no mistaking the fact that industrial output

output of the

System

after seven consecutive
65.9% of capacity as February
closed.
Electric power production and car loadings were
reduced still
further, though they remained well above
the volume at this time last year.
The brightest spot in
the industrial picture was the seasonal expansion in auto¬
mobile output in the latter half of the month, fringing
production up to a level approximately 35% higher than
in the corresponding week of 1939.
In the commodity mar¬
kets, firmness was shown in non-ferrous metal and wheat
was

distributed.

Steel

declining.

declines,

weekly

was

production,

at

prices.
British Treasury

The

announced on Feb. 18 that it was

the holdings of British subjects in 60 American
The newrs was without immediate effect on the

taking

over

market

here,

nificance

Youngstown Sheet & Tube Co.—Dividend of 25c. a share on the com¬
mon stock, payable April 1.
This will be the first paid on the common
1937, when 75c.

issue

recent

in

moving

been

stocks.
on

stock, payable March 1.

since Dec. 20,

com¬

promises

An extra of $1.25 and a dividend of $1.50 were oaid Dec. 20,

March 11.
last.

reduced

amounted to 10c. a share

semi-annual dividend of

a

dividends

States Sugar Corp.—No action taken on the payment of
dividends at this time.
The last payment made on this
and was distributed on Oct. 20, 1939.

United

March 15.

ordinarily

Standard Screw Co.—Dividend on the $20 par, common stock
from 30c. a share to 15c. a share, and was payable Feb. 27.

Photo Engravers
and

stock de¬

stock decreased from

Refining Co.—No action taken on the dividend
due at this time.
Previous to November of last year quarterly
of 25c. a share were distributed.

National Sugar

Corp.—Dividend on the common stock increased
25c. a share, payable March 1.

Peoples Gas & Fuel

Mines, Ltd.—Dividend on the $1 par, common
share to 50c. a share, payable March 15.

22, last,

creased from 75c. a

23.

Pacific

Shore

dividend

for

it was

but
the

an

event

The

future.

of possibly great sig¬
said that

announcement

payment would be made for the securities on
delivery was made not later than Feb. 23.

March 4, if

It was un¬
issues began in
At the time of the announcement T. J. Carlyle
February.
Gifford, special representative of the British Treasury, was
in New York prepared to begin the sales when the securi¬

likely, therefore, that liquidation of these
UNFAVORABLE

CHANGES

Beattie Gold
common

Mines, Ltd.—Interim dividend of 4c. a share on the no par
stock, payable March 15.
Dividends of 5c. were paid pre¬

viously.

ties

Brown Fence & Wire Co.—Dividend on the no par class A preferred stock

decreased from $1 a share to

Central

Cold

from 25c.

a

65c. a share and was payable Feb. 29.

Storage Co.—Dividend on the common stock decreased
payable March 15.

share to 12>^c. a share,




were

sured
ties

available.

The

market

here

was

perhaps

that there would not be any dumping of the

by that part of the announcement

purpose

of

such

vestings is

to insure

which said:

reas¬

securi¬

"The
of

that realization

securities

in

the

volume

total

American
of

VOLUME OF BUSINESS ON THE CURB

in¬

Kingdom,

United

the

from

and that

be orderly

shall

markets

sales

Month of February—

cluding both vested and non-vested securities, should over
a
period of time continue at about the average volume
of

recent

individual

in

Domestic

stocks, Allied

Foreign

of

vanced

Feb.

on

29.

In

the

railroad

moved fractionally higher on Feb. 9 to 5%, and closed off
Feb. 29 at 5%.
Chesapeake & Ohio opened at 39% Feb. 1,
rose to 41%
Feb. 9, and subsequently gave ground, closing
29 at 39%.

Feb.

at

19%.

at

17%

Delaware &

20%

Hudson sold at 18% Feb. 1,
Feb. 9, and turned lower Feb. 29

on

Neiv York Central
and

its

low

point

closing

Feb.

29

sale

16.

Southern

at

at

16%,

reached

of

the

slightly

Pacific

its top

better

opened

figure Feb. 9

Feb.

month

1

than

Feb.

1

at

15%,

its

opening
12%, im¬

at

proved Feb. 9 to 14%, and later declined to 12%
Northern Pacific, after opening at 8% on Feb.

Feb. 29.

on

1, rose to
Feb. 9, and closed the month at 8%.
fractionally lower
than its initial sale xirice.
Union Pacific followed the same
9

on

course, moving up from 94 Feb. 1 to 96 Feb.
24, and finally
selling off Feb. 29 at 93% ex-dividend.

Bonds

were

in

York

Stock

917.000 in

bad

as

investor interest

case as

stocks,
Bond

so

far

volume

arousing

as

the

on

New

Exchange declined

January.

This

was

to $120,384,000 from $144,the smallest amount of bond

trading since last August and, save for the
February, 1939,
of $118,993,000, the smallest for
any February since
1918.
Turnover in bonds did not show
any greater decline
because of a decided pick-up in
trading interest in traction
bonds in connection with the New York
City subway uni¬
fication
program.
Government
bond
prices
ended
the
month at
approximately the levels at which they began it.
The New York "Times" index of domestic
bonds showed an
advance of 0.22 point in
February following a loss of 0.25

in

points
since
In

January.

to
last

the

The

foreign

bond

index

dropped 11)3

58.62, the lowest closing level for any month
September.
following table we indicate the fluctuations for

10 most active

the

$24,492,000

$45,522,000

$23,133,000

$42,399,000

306,000

foreign, railroad and domestic corporate
bonds sold during the current month:

6,389,694

7,331,860

6,893,289

34,873,631

$63,393,000

$86,097,000

$47,827,000

$95,968,000
2,981,000
3,539,000

497,000

726,000

1,092,000

892,000

719,000

1,224,000

Further

the

large

member

excess

DURING FEBRUARY

chief development

Early in

ary.

to

reserves

record,

was

during Febru¬

decline in the

slight

a

carrying

in

high

new

a

in the money market

month

the

resulting

importations,

gold
bank

$50,143,000 $102,488,000

$87,542,000

$64,742,000

THE MONEY MARKET

reserve

position occurred, mainly because of heavy payments to the

Treasury for

Social Security taxes, but subsequently the
large gold influx and excess Treasury disburse¬

continued

ments were instrumental

Feb.

on

that

28

to

in

raising the total excess reserve

peak of $5,690,000,000, with predictions
further swelling of this figure will be
inevitable^ if

a

the

a

present gold movement shows no interruption.
The
failure of the large inflow of gold from abroad to result in
a

corresponding increase of foreign deposits at the Federal
was ascribed to the fact that the major part

Reserve Bank

of

these

credits

materials in

is

being

now

used

for

purchase

the

of

this country.

While commercial loans experi¬
decline, the latter was held to narrow proportions,
reflecting the belief that the present recession in business
will not be of long duration.
Actual Government financing

enced

a

limited

was

a

concerned.

was

total

point,

287,000

Foreign government

Total bond sales.

list,

& Santa Fe opened Feb. 1 at 23%, ad¬
Feb. 26, closing Feb. 29 lower at 23%.
& Ohio's initial sale on Feb. 1 was at 5%; it

moved forward to

419,000

Foreign corporate

22%

Baltimore

15,344,284

$39,614,000
1,241,000
1,544,000

_

Domestic

Topeka

to

2,718,510
$21,976,000
554,000
603,000

Bond sales (par value)—

proved its position from 115% Feb. 1 to 117 Feb. 28,
closing the month a trifle lower at 116%.
Westinghouse
Elec. & Mfg. opened 'Feb. 1 at 108, rose to 114 Feb. 9, and
Atchison

2,974,615
$44,929,000

__

Jan. 1 to Jeb. 29—
Stock sales—No. of shares.

opened at 32 Feb. 1, advanced to 32*4 Feb. 7, and
the month at 31%.
General Electric opened at 38
Feb. 1, moved ahead to 40% on Feb. 9, and closed Feb. 29
at 37%.
United States Steel rose from 56% Feb. 1 to 61%
Feb. 9, closing Feb. 29 at 58%.
Steel preferred also im¬

112%

r.

Total bond sales.

29

Y

to

government

Foreign corporate

closed

back

3,167,928
$23,901,000
172,000

American Tel. & Tel. moved

175%.

up from 170%
Feb. 1 to 172% Feb. 21, closing Feb.
fractionally lower at 172.
Consolidated Edison Co.

slipped

1937

1938

Bond sales (par value)—

Chem¬
& Dye advanced from 171 Feb. 2 to 180 Feb. 13, and

then sold off Feb. 29 at

N.

EXCHANGE

1939

1940

Stock sales—No. of shares..

months."

As to the fluctuations
ical

15

MONTHLY REVIEW

March, 1940]

to the usual four weekly bill issues of $100.each, to replace similar maturities, but on Feb. 14

000.000

the
Treasury issued a call for redemption June 15 of
8353,000.000 of 3%% bonds, indicating simultaneously that
holders may be offered an exchange for new securities.
Gold imports during the four weeks ended Feb. 21 totaled
$216,900,000, of which sum $43,400,000 came from Canada,
$32,700,000 from Sweden, $25,500,000 from Holland, $21,-

300,000 from
100,000
from

South

from

Africa, $20,300,000 from

Norway,

Switzerland

cluding

the

$14,300,000

and

from

$6,400,000

release of

from

earmarked

England, $19,$10,500,000

India,

gold

Australia.

holdings,

the

In¬

gold

stock of the country during
to

a

February increased $245,000,000
high record of $18,166,000,000.
Discount holdings

new

of

the

to

$6,679,000

12

receding

Reserve

Feb.

from

banks

28.

receded

Total

$12,149,576,000

Feb.

7, increased steadily to

Feb.

28.

from

member

Jan.

$6,946,000 Jan.

bank

31

to

reserves,

31

after

$12,096,727,000

new' peak of $12,317,794,000

a

Average yields on 91-day Treasury bills increased
0.004% Jan. 31 to 0.005% Feb. 28. while average yields
long-term Treasury bonds remained unchanged at 2.33%,

from
Feb. 1
Bonds

on

Range During February, 1940

Opening

Feb. 29

Closing

Price

Lowest

Highest

82X Feb.
15X Feb.
59* Feb.

85* Feb.
17* Feb.

14

84 X
17

65* Feb.

17

62

Price

Feb. 1972

.

Brazil 6*s of 1926
Buenos Aires 4*-4*s.
5s

83

1957

16*

1977

60*

1952

Colombia 6s
Cuba

to

those

102

101

Feb.

30 *

1977

1962

57*
42*

.1954

79 *

30X
57X
36*
79*

67

61

Denmark 4*s
Japanese Govt 6*s
Norway 4*s.._

1965

Peru 6s

1960

9*

104 X Feb.
33 X Feb.

Feb.

Feb.

61

Feb.

43* Feb.

Feb.

85

Feb.

Feb.

72

9* Feb.

Feb.

7

26 *

26

21
28

33*
60*

1

36 X

28

84 X

Feb.

9

9* Feb.

5

61*
9X

Feb.
Feb.

Feb.

27 »A Feb.

9

26 X

Feb.

16 X Feb.
1.7 X Feb.

21

15*

34

Feb.

21

32*

56* Feb.
58* Feb.

10

54

Hudson Manhattan adj 5s

1957

14*

Missouri Pacific 5s

1977

16*

Mobile & Ohio 4*s.
1977
N Y Chic & St Louis 4*s._.1978
Northern Pacific 6s.i
.2047

28*
5334}

14X
16*
28X
53X

55

54

Feb.

St Louis-San Francisco 4s
Southern Pacific 4*s
Southern Ry 4s

11*
45*

11

Feb.

ser F

Wabash Ry 1st 5s

1950

1969
1956

-...1939

57 *
40

Feb.

9

9

54*

13* Feb. 20

12*
45*
57*

45* Feb.
56X Feb.

47

Feb.

9

59 X

Feb.

9

40

45* Feb.

14

Feb.

17

106*
78 *
127 X
75 X

Nassau Electric 4s

1951

49

1960
1953

72 X
18 X

.1945

105*

Third Avenue Ry 5s.
Wheelin? Steel 4*s

106* Feb.
87X Feb.
126* Feb.

109* Feb. 21

108

101* Feb.
129* Feb.

101*
126*

28
17

74* Feb.

77 X

Feb.

17

74*

49

81

Feb.

29

81

75% Feb.

8

Feb.

72% Feb.
18X Feb.
105* Feb.

25* Feb. 28
113* Feb. 15

73

23*
109*

1960

15

14J* Feb.

19* Feb.

16

19

1966

97 *

97

99 X

28

99*

Feb.

VOLUME OF BUSINESS ON THE

Feb.

1...

1

Feb.

2..,

1

Feb.

3...

STOCK

.0/ February—

1940

1939

Stock sales—No. of shares__
Bond sales (par value)—

13.470,755

13.878,323

Railroad and miscellaneous

$99,176,000

$96,722,000

18,843,000
2,365,000

17,400,000

Foreign Government
Govt.

Total bond sales
Jan.

Feb.

Feb.

4,871,000

1938

14,256,094

1937

50,248,010

$96,374,000 $229,157,000
20,205,000
36,655,000

11,014,000

19,647,000

$120,384,000 $118,993,000 $127,593,000 $285,459,000

29,461,420

39,055,673

38,678,025

108,919,426

salesj (par value)

Railroad and miscellaneous $220,079,000 $228,212,000
$225,355,000 $496,725,000

Foreign Government

39,097,000

37,940,000

40,781,000

86,136,000

6,125.000

12,452,000

27,367,000

45,285,000

United States Govt

YORK

Renewal

High

EXCHANGE

Low

High

1

1

Feb.

16..

1

1

Feb.

17..

Saturday

Feb.

18..

Sunday

Saturday

4...

STOCK

•

1

Renewal

1

1

Feb.

19..

1

1

1

5...

1

1

1

Feb.

20..

1

1

1

6...

1

1

1

Feb.

21..

1

1

Feb.

7...

1

1

1

Feb.

22..

Feb.

8...

1

1

1

Feb.

23..

1

1

Feb.

24..

Saturday

Feb.

25..

Sunday

Feb.

9...

Feb.

10...

Feb.

Sunday

.

1

Saturday
Sunday
Holiday

11-;..

1

Holiday
1

1

1

.

1

1

1

Feb.

27..

1

1

1

1

Feb.

28..

1

1

1

1

1

Feb.

29..

1

1

1

1

1

Feb.

12...

Feb.

13...

1

1

Feb.

14...

1

Feb.

15...

1

Feb.

26..

Trading in bankers' acceptances continued inactive, with
bill offerings falling even farther behind the

existing demand than heretofore.

Total outstanding accept¬
according to the monthly survey of the Acceptance
Analysis Unit of the Federal Reserve Bank of New York,
ances.

published Feb. 13,
$232,644,000 Dec.

$265,301,000 $278,604,000 $293,503,000 $628,146,000




were

30,

$229,230,000 Jan. 31 compared with

1939,

and $255,402,090 Jan. 31, 1939.
Import bills receded from $102,563,000 Dec. 20, 1989, to
$100,821,000 Jan. 31; export bills from $38,753,000 to $38,251,000j domestic shipments from $9,617,000 to $7,831,000,
domestic

warehouse

while

dollar

credits

from

$44,114,000 to

exchange increased

$43,-

from

$15,616,000
to $16,356,000, and hills based on goods stored in or
shipped
between foreign countries from $21,981,000 to $22,948,000.
Bills held by accepting banks totaled $179,139,000, of which
sum own
bills aggregated $110,655,000, and bills of others
$6S.4S4,000.

Rates

for

bankers'

acceptances

again

were

quoted at %% bid and 7/16% asked for 30-day, 60-day
and 90-day bill&: at 9/16% bid and %% asked for
120-day
bills, and at %% bid and
9/16% asked for bills running
150 and 180 days.
The New York Federal Reserve Bank,
in

its

ket

the

"Monthly Review," discussed conditions in the mar¬

for

"To
Total bond sales...

NEW

Feb.

and

EXCHANGE

1 to Feb. 29—

Stock sales—No. of shares..

Bond

THE

Feb.

023.000.

United States

ON

available

Portland Gen Elec 4*s.,
Postal Tel «fe Tel 5s

M onth

RATES

Low

42

Domestic Corporates—

Bethlehem Steel 3*8.
-1952
Bklyn-Manhat Transit 4* a. 1960
Commonwealth Edison 3*8.1958
Interboro Rapid Transit 5S..1966

Studebaker Corp 6s

unaltered at 1%.

LOAN

101

Railroads—

Chicago Great Western 4s... 1959

CALL

.

Oct 1961

4*8-...

17

short-term Treasury notes eased from 0.50%
On the Stock Exchange the rate for call loans

on

0.44%.

remained

Foreigns—

Argentine 4s

Canada

and

bankers'
an

even

conditions

acceptances
greater

of

as

degree

limited

follows:

than

supply

in

and

commercial

active

paper,

demand

con-

MONTHLY REVIEW

16

the market for bankers' acceptances

tinned to characterize

February.
Dealers' quoted rates remained un¬
changed.
On Jan. 31 the volume of bills outstanding
totaled $229,000,000, a decrease, usual in January, of about

RETURNS

$4,000,000 from the December total.
In comparison with
a
year ago,
the January volume was $26,000,000 lower,
reflecting a drop of $32,000,000 in bills based on goods
stored in or shipped between foreign countries, and a de¬

export bills, partly offset by an
in bills drawn to furnish dollar
increase of nearly equal amount in import

$19,000,000 in
of $14,000,000

of

cline

increase

exchange and an

The

large receipts of

member banks

February by the effects of the

gold from the rest of the world. Most of
brought to bear on the banking system

the other influences

made for a reduction

in the supply of reserves,

but the gold

imports were large enough to offset these other influences
and to leave member banks on Feb. 28 with $168,218,000
more

actual reserves than
increase

The

in

they had on Jan. 31.
of the United States in

the gold stock

Feb. 28 was $235,000,000.

four 1 weeks to

the

ACCEPTANCES

RESERVE BANKS
YORK CITY

position of Federal Reserve

reserve

rendered still easier in

was

bills."
PRIME BANKERS'

OF THE FEDERAL

BROKERS' LOANS IN NEW

during

Included in

imports was a substantial amount of gold from Scandi¬
navian countries and South Africa.
Deposits of gold cer¬
the

MUtt

Call Loans
150 Days
120 Days
180 Days
90 Days
60 Days
30 Days
Secured by
Bid & Ask Bid & Ask Bid & Ask Bid & Ask
Accept'ces Bid & Ask Bid & Ask

Feb.

Xa7it

1
2

Ho.7 it

Xa71#

_____

Ha7it

htaH

Haht

Haht

Ha7 it

#i toH

Ha91»

Ha9 ie

Ha'it

3

Saturday-

4

Sunday

5
•

_____

7

_____

8

_____

9

_____

Ha7 it

®i taH

Ha9 it

Xa7\t

Ha7it

Ha7 it

htaH

%a9i.

Haht

Xa7it
14a1 is

Ho7 is
Ho7 is

Ha7 it

h taH

Ha9 is

Ha9 ie

Ha7n

htaH

Ha91#

Ha9 it

Xa7it

Ha7 it

Ha7 u

9i taH

Hah,

Haht

Ha7 n

Xa7lt

.....

6

10.—

Saturday

11—

Sunday
Holiday

12
13

Xa7it

14

^a7i6
Xa7it

15

..

16

.

.

_

Xa7it

.....

Ho7 it
Ha7 is

Ha7 it

htaH

Ha91«

V»a9it

Ha7u

htaH

Ha9it

Hah

Ha7 u

Ha7 u

htaH

Ha9 ia

Ho7 it

Ha7it

htaH

Ha9 it

Haht
Ha'it

Saturday

17—.

Ho7 it
Ha7 is
Ha7 it

}4a7it

19
20

Xa7\t
H«7n

.....

21.—

—v

22
23

h,aH
htaH

Ha9it'

Ha916

Ha'it

Ha9 it

Haht

Ha9it

htaH

Ha9 ie

Ha9\t

Xa9it

'

H

Saturday
Sunday

25....
26

.

27j

29

Ha7u

Ha7 it
Ha7n

24

28

htaH

Hah,

Xa7it

......

Ha7 is

Holiday

-—

.

_

.....

Time

loan

Ha716

Ha7 it

Ha7it

htaH

Ha91«

Xa7 le

Ha7 le

Hah,

9itaX

Ha9 ie

Xa7u

Ho7 it

Hah,

9i taH

Ha9 u

Xa7it

HO716

Ho7 is

htaH

Ha9u

rates

on

collateral

security

Ha9it
Ha9it

Haht

■

continued

be

to

quoted at the nominal figure of 1%% for 90-day loans,
and 1V2% for loans running 180 days.
The listless trading

markets furnished little incentive for seek¬
accommodations and, as heretofore, transactions
virtually restricted to the renewal of expiring older

the security

in

ing

new

were

loan contracts.
DAILY

OF TIME LOAN RATES

RECORD

Rates on Mixed Collateral

30 Days

4 Months

90 Days

60 Days

6 Months

5 Months

Feb.

1...

IX

IX

IX

1H

IX

IX

Feb.

2...

IX

IX

IX

1H

1X

IX

Feb.

3...

Feb.

4—

IX
1X
1H

IX

Satur day
Sun day

IX

1H

6...

IX
IX

IX

Feb.

IX

IX

Feb.

7...

IX

IX

IX

Feb.

8—

IX

IX

Feb.

9...

IX

IX
IX

IH
1H
IH

IX

1H

Feb., 5...

Feb. 10...

Satur day

Feb. 11—

Sun day

IX

1H

IX
IX

IH

IX

Holl day

Feb. 12...

Feb. 13...

IX

IX

IX

IX

Feb. 14...

IX

IX

IX

IX

Feb.15.._

IX

IX

IX

IX

Feb.16...

IX
IX

Feb.19.__

IX

IX

IX

IX

IX

IX

Feb. 20...

IX

IX

IX

IX

IX

Feb. 21...

IX

IX

IX

IX
Holi day

IX

IX
IX

IX

IX

IX

IX

'

Feb. 23.._

IX

,

Satur day

Feb. 25...

Sun day

IX

IX

Feb. 27.._

IX

IX

Feb.28.._

IX

Feb.29...

IX

IX

w

IX

IX
IX

IX

IX

IX

IX

IX
IX

IX

IX

IX

IH

IX

IX

rise of

the

supply to cope

at

of

New

at

to

1%,

an

York announced

that

returns received from

com¬

dealers showed a total of $219,400,000 of open
commercial paper outstanding on Jan. 31, com¬

mercial paper
market

pared with $209,900,000 at the end of the previous
and

$195,200,000

month,

Jan. 31, 1939.

on

RATES

industry and agriculture declined $2,000,000, but
$6,000,000 increase in these advances in the last week
the month gave rise to some wonder whether the sea¬

merce,

deipand, although it was noted
offerings originated from a growing variety of busi¬
enterprises.
While prevailing rates for average grade
to

expansion in bank reserves was accompanied, in the
the reporting New York City banks, by a rise of

of

$91,000,000 in the reporting New York City banks'1
of other securities.
Total loans decreased $17,000,000, but investments were $72,000,000 higher.
In the
four weeks to Feb. 28 the New York banks' loans to com¬

six-month paper continued to range from
increasing amount of choice paper went
%%, with the bulk of business still being transacted
%%.
Under date of Feb. 14 the Federal Reserve Bank

%%

commercial loans was beginning.
Open
increased $5,000,000. Aside from other securi¬
ties, the New York banks did large-scale buying only in
Government-guaranteed securities, of which their holdings
increased $30,000,000 to a total of $1,270,000,000.
Treasury
bills declined $39,000,000, and Treasury bonds were $12,000,000 lower, but Treasury notes increased $2,000,000.
Reflecting the receipt of capital from other countries and
an inflow of funds from other districts, demand deposits—
sonal expansion in
market paper

adjusted of the New York banks increased $259,000,000 to a
new record high at $8,986,000,000.
Loans and investments of the weekly reporting banks in
101 cities increased
in

FOR MONEY AT NEW YORK

the four weeks

$5,000,000
loans

Week Ended—

Feb. 3

Federal

'•

and there were no
funds came to the
Treasury largely through the sale of baby bonds and col¬
lection of social security taxes.
While the $63,000,000 rise
in currency circulation carried the volume up to a new
high for the time of year at $7,439,000,000, the increase was
actually less than in the corresponding period of 1939*
Between. Feb. 1 and March 1, 1939, currency in use ex¬
panded $76,000,000.
With the New York City banks trading in Government
securities against the market trend, the Federal Reserve
banks did not feel called upon in February to oppose a rise
or ease a decline in the market.
The regional banks' Gov¬
ernment
securities portfolio was unchanged throughout
February, bond and note holdings remaining, as they had
been since Jan. 10, at $1,344,045,000 and $1,133,225,000, re¬
spectively.
Bills discounted for member banks decreased
$267,000 to a total of $6,679,000.
Industrial advances rose
$331,000 to a total of $10,704,000, and commitments to make
advances were $590,000 higher at $8,966,000.
Foreign cen¬
tral bank deposits in the Federal Reserve banks declined
$26,469,000 to a total of $380,844,000, but other deposits
were $48,097,000 higher at $363,381,000.
On Feb. 28 surplus reserves of member banks stood at
a
new
record high of $5,690,000,000, representing an in¬
crease during the four-week perior of $130,000,000.
Excess
reserves have risen $840,000,000 since their Dec. 13 low.

a

with the active investment

ness

accounts.

offering was made during the' month,
substantial income tax receipts.
The

of

prime four-

circulation, and the $21,-

deposits and other

$55,000,000 in loans and investments. This rise was trace¬
able, more than to any other factor, to the circumstance
that New York State and New York City were in the
market with short-term issues during February, making for

IX
IX

Commercial paper remained in inadequate
that

non-member

holdings

Feb. 24...
Feb. 26._.

in

v
The rise in the Treasury's balance in the Reserve banks
was
achieved in the face of the fact that no new money^

case

IX

Sun day

Feb. 22...

rise

Reserve

The

IX

.

Satur day
.

$63,000,000 increase in currency

IX
IX

IX
IX

IX

IX

IX

IX

Feb. 17...

Feb.18...

amounted to

000,000

Sunday

18

the Federal Reserve banks by the Treasury
$241,501,000, indicating that the Treasury had
made use of some $0,500,000 of its ffee gold during the
four weeks.
Sums paid out by the Treasury for this gold
naturally found their way promptly into the supply of bank
reserves.
The only other sources of supply of reserve
funds worth mentioning during February were the $34,000,000 rise in Federal Reserve Bank credit in use and
the $9,000,000 increase in Treasury currency.
Serving as
partial offsets to these additions to reserves were the $11,965,000 rise in the Treasury's deposit t balance in the Re¬
serve banks, the $16,000,000 increase in Treasury cash, the
tificates with

Feb.10

Feb. 17

Feb. 24

Mar. 2

were

$28,000,000 to a total of $23,211,000,000
24 to Feb. 21, with loans off

from Jan.

and investments up $33,000,000.
Commercial
unchanged at $4,316,000,000.
Holdings of Treas¬

notes $14,$12,000,000 and Gov¬
ernment-guaranteed issues rose $13,000,000.
Other securi¬
ties
increased
$86,000,000.
Demand
deposits—adjusted
were $93,000,000 higher at a record total of $19,256,000,000.
ury

bills

declined

$64,000,000,

and

Treasury

000,000, but Treasury bonds were up
Call loans on Stock Exchange:

Range for week (mixed &

Indus, coll.).

1@1

1@1

1@1

1

1

1

1

IX

IX
IX

IX
IX

IX

IX

IX

IX

IX
IX

IX

IX

IX

IX

IX
IX

IX

IX

IX

IX

x@l
x@l

H® 1
H® 1

1

Indus, collateral):

Thirty days

—

IX
IX

Sixth days

Ninety days..
Four months

.....

months.

IX
IX

Five months
Six

1®1

1@1

Week's aver, (mixed & Indus, coll.).
Time loans (mixed &

....—

IX

IX
IX

IX

IX

Commercial paper:

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




R/

@1

X® 1

H@ 1

x®i

H® 1
X@1

Loans to brokers and dealers of the

reporting New York

City banks—the so-called brokers' loans—declined
000,000 to a total of $457,000,000.
Street loans, as

$18,com¬

piled by the New York Stock Exchange, decreased $4,-,
576,553 during February to $555,474,347 Feb. 29. from $560,-

050,900 Jan. 31.

A

year

ago,

on

Feb. 28, 1939, these loans

outstanding aggregated $6S3,432,399.

At

EXCHANGE IN FEBRUARY

COURSE OF STERLING

exchange market in New York during Febru¬
continued unchanged in all important respects from
character in December and January.
Trading was on

The foreign
ary

its

the whole extremely limited, though on a
volume of operations exceeded the levels

few occasions the
of the two previ¬
ous
months.
A softer tone developed toward the end of
the month and the range for cable transfers from Feb. 1
to Feb. 15 moved down successively from $3.99% to $3.94%.
These rates compared with the low of $3,87% on Nov. 30.
Sterling was more freely offered in the Far Eastern mar¬
kets, the European neutrals, and the South American
The

centers.

taken

liquidated sterling balances were

by

up

debts in

United

States

British

of

terms

and

importers

78.50.

and

London

unchanged
mium to

from

continued

to

one-montli

quote

New

months:

previous

delivery

%%

York,

pre¬

Paris, parity for sellers and buyers; Am¬
sterdam, 1% Dutch cents premium to par; Brussels, par
to 2 centimes discount; Zurich, 3 centimes premium to par.
London dispatches on Jan. 28 stated that in the interests
parity;

-

of

the

all direct or indirect news concerning the
gold for British account would be suppressed,
owing to the necessity for secrecy especially in connection
nation

movement of

Government's

the

with

imports and

of specie.

exports

February the London authorities further imposed
all commodity transactions, so that there was

on

mestic
ish

earmarkings
New

of

York

of

gold

Federal

the

at

a
high level,
determined.

were

could not be exactly
In

with

to

mons

vote

"token"

Great

this

means

war

activities

their

extent

of hostilities.

Therefore, esti¬

mates made

by the most expert authorities in
necessarily lack authoritative basis.
On

23 the

Feb.

sions

in

place

additional

which

York

New

the

Bank

and

for

of

purchasing commis¬
they have decided to

that

aircraft

much

as

field will

French

announced

orders

amount to

may

While

British

any

as

in

United

the

States

$1,000,000,000.

England's selling and

buying rates
for sterling have been fixed since Jan. 8 at
$4.02% and
$4.03%, respectively, it developed during February that a
body

strong

of opinion

in

London

is

sterling rate to $4.50 or higher.
On Feb. 9 Conservative members
the

matter

the

Government

official

to

notice,

should

raise

one

the

seeking to

would

do

more

to

the

Parliament brought
member asserting that

value

of the

pound ster¬
He said that such

keep down prices than any other

step that could be takep, that it would enable Great Britain
to buy more cheaply in the United
States, and that any
adverse effect on British exports would be in dollar
and
not in sterling areas.
Another
cellor

of

Conservative
the

member

Exchequer

to

said:

consider

"I

if

it

ask

the

would

Chan¬
not

be

advisable

to raise the pound sterling back to
$4.50, and
then, if necessary, to give a subsidy to exports in
sterling,
because if you raise the value of the pound in dollars
'you

would

avoid

assumed

Richard

one

be

to

a

of

the

rise

main

in

causes

of

what

so

easily is

prices."

Hudson, Secretary for Overseas Trade, inter¬
vened in the debate to say:
"I would not like it to get
out

that

ports

there

on

a

is a possibility
large scale."

To this the member replied:
of

sterling

sure

the

bold,

you are

just

Government

as

can

strong measures in

nomic

of

subsidizing British

"By artificial depreciation

much subsidizing exports.

rely

ex¬

I

am

this House to support
developing a comprehensive eco¬
upon

policy."

There

can

be

question that British export trade has
declined considerably since the outbreak of the
war
in
September, but this has been only an acceleration of the
no

trend which began in 1914.
Nevertheless, the decline in
exports was not as great as appeared on the surface.
Since

September, and with increasing force in February, respon¬
British opinion on every occasion
emphasized the
necessity for increasing exports.
The great London banks
sible

took

a
leading part in this policy.
They were steadily
directing the flow of credit away from the production of
non-essentials and were extending credits to
concerns en¬
gaged in export trade.

It
of

was

the

disclosed

"Big

Five"




early
banks

in
of

February
London

that

were

the

deposits
at high levels.

was

greatly

the

expenditures

following table,

it

such

as

sells.

The

income

Exports and

Import

Reexports

Balance

£104,961,000

£44,731,000

86,582,000
49,924,000
81,097,000
75,570,000

42,671,000
25,458,000

deficit

from

merchant

marine,

dation

the

in¬

since

giving

£60,230,000
43,911,000

24,466,000
39,532,000

41,465,000
44,076,000

31,494,000

It is normal for the United Kingdom to buy more

than

re¬

Imports

*

abroad

paid for by invisible receipts

is

earnings of the

foreign investments,

insurance premi¬
ums, &c., but in recent years these receipts have not been
sufficient to
offset
a
foreign trade deficit of between
£30,000,000 and £40,000,000 a month.
An outstanding event of the month affecting foreign ex¬
change was the order issued by the British Treasury on
Feb. 19 requiring British owners of stocks in 60 United
States corporations to sell their holdings to the British
Government as a preliminary to the eventual orderly liqui¬
of

commissions,

banking

securities.

It

noted

was

that

list

the

enu«.

merated

only what might be called second-class American
securities.
All the highest-grade and more active stocks
were

omitted from the enumeration,

Steel, Bethlehem Steel, American
Co., and Pennsylvania RR. Co.
British

authorities

requisitioned

would

such as United States

&

Telephone

Telegraph

explained carefully that the
be immediately sold or at

not

time disposed of in such a way as to disturb the mar¬

any

kets.

It was

understood

that, if necessity

required, other

issues would be added from time to time.
The

action

making
was

an

was

taken

comprehensive
The listing

heavily since August
It

was

to

indicate

plans

for

also

British

that

intends

the
to

was

further

a

Britain

action

indication

as a

of

draAvn

resources

implied
its

conserve

here.

that

actual

last resort.

the

is

several years'
also surmised,

Go\rernment had

its gold and cash

on

holdings and to part with them only
decree

Great

of

of the stocks, it was

considered

Government

that
war

a

indication that the British

the

gold
The

extraordinary

strength of the exchange control exercised by the Bank
of England.
On Feb. 9 the gold stocks of the United States reached

$18,041,217,231, and

Avere

$18,166,000,000

on

Feb. 28.

On Feb. 1 the Bank of England issued on order that the
sale of rupees to United States citizens will be permitted

only when positive assurance can be given that the dollars
involved have been sold to the British control.

It

shown in February

that the combined gold stocks
France, which in 1914 were only 50,000,000 ounces, at the end of January totaled 175,000,000
ounces worth $6,000,000,000.
As for foreign resources, the
was

Great Britain and

British

held

investments

abroad

amounting to about

000,000,000 at the then current rate of exchange.
is considerably less than in 1914 and only a
amount

of it

is

readily convertible

into cash.

This

$13,sum

minimum
British in¬

vestments abroad prior to 1914 were estimated at around
$18,000,000,000 computed at $4.8665 to the pound.

Bank

of

England

note

circulation

on

Feb.

29

stood

at

£531,216,000.
The note circulation reported on Dec. 27,
1939, of £554,615,983 was the highest in the Bank's history.
Throughout February, as since September, Canadian ex¬
change continued to move in close sympathy with sterling,
with which it was officially pegged by the rates established
by the British exchange control.
The Canadian unit was
therefore at

S.

to

and

the

shoAvn

August, 1939
January, 1939.

of

of

ling in the months immediately ahead.
action

raise

trade

In evaluating the

The failure of exports to balance the

August.
is

imports

duration.

appropriations of £100 units.
By
hopes to disguise the cost of its

the end

materials

war

January, 1940
December, 1939
September, 1939

Bank

Britain

until

of

in
key months in the past year:

The

way

keeping with this policy a plan was laid before Parlia¬
toward the end of February for the House of Com¬

ment

of

end

the export

import balance.
consideration must be given

the

swollen

of

condition

the adverse

volume

stocks

Reserve

though

in

situation

secrecy
no

even approximately the extent of British do¬
foreign trade.
It Avas likewise known that Brit¬

or

unfavorable

creased

In

determine

to

The

flected

owing

others

exchange.

Canada, 4.43@4.47.
Berlin, as in previous months, was not
quoted.
The Italian lira was unofficially quoted between
Official

the end of 1939 they reached £2,094,100,000, against
£1,950,100,000 at the end of 1938.
The previous high level
was £2,030,100,000 at the end of 1937.
The year's increase
of 7%% was the largest during any year since 1932.

apparently

Despite the fact that the spot rate had declined on
foreign liquidation, the underlying firmness of the pound
Avas reflected in the improvement in quotations for 90-day
forward delivery.
In November and December 90-day ster¬
ling was offered at around 6 points discount, but in Febru¬
ary the discount narrowed to between 4 and 3% points.
The Bank of England continued its pegged rates on the
several markets as folloAvs:
New York cables, 4.02% @
4.03%; Paris checks, 176%@176%; Amsterdam, 7.50@7.55;

77.50

17

MONTHLY EEV1EW

March, 1940]

a

discount throughout

the United States dollar.

between

ary

the month in terms of
Montreal funds ranged in Febru¬

discount of 13%% and a discount of 12%%.
on Feb. 1 at $3.97% @$3.99%,
Feb. 29 at $3.92% @$3.94%.
The high for sterling
a

Sterling cable transfers sold
and

on

was

$3.99%

on

Feb. 1, and the low

was

$3.92%

on

Feb. 29.

In

commenting on the foreign exchange situation during
February the Federal Reserve Bank of New York said in
its

"Monthly Review" for March 1:

"One of the outstanding developments

in the foreign ex¬
change markets during February was an accelerated flight
of capital from Sweden, which culminated in the introduc¬
tion

of

official

The

new

trol

over

exchange control in Sweden on Feb. 25.
regulations, which strengthened the informal con¬
capital transfers applied by Swedish banks since

the middle of

December, invested the Riksbank

ized banks with

a

and author¬

monopoly of exchange transactions and

provided for the control of foreign exchange.
Foreign ex¬
change will be made available only for approved transac¬
tions, and the export and import of bank notes and securi¬
ties is prohibited.
The new restrictions do not affect
Sweden's clearing agreements with other countries.
Despite
recent pressure, the Swedish krona rate was main¬
tained throughout the past month near the level of $0.2382.
the

<v.

MONTHLY REVIEW

18
"Trading in

other neutral European exchanges ^was

tlie

belga and the
guilder.
The Belgian currency, which had risen to a fourmonth high of $0.1698% on Jan. 29, receded to as low as
$0.1681% in the middle of February.
Subsequently, how¬
ever,
the belga showed some renewed firmness, ending
February at $0.1687%.
After opening the month at $0.5309,
the Netherlands currency rose to $0.5326 during the first

featured

A

week.

rate turned

Netherlands Government issue, which

the offering of a new

At

oversubscribed.

end of the month the guilder

the

quoted at $0.5319%.

Swiss exchange, meanwhile, con¬
tinued steady at about the rate which has prevailed since
the latter part of November.
was

"With respect to the

currencies of the allied countries, a
during the first half of the
The pound-dollar rate, which had advanced
past month.
to as high as $4.00 toward the end of January, declined
irregularly to reach a low point of $3.94% on Feb. 15.
This reaction was reportedly due in large part to relatively
heavy European and South American offerings of the Brit¬
weaker

tendency

ish currency,

second

presumably induced by

pound

half

of

rumors

the rate

discount

the

February,

however,

During

quotations

for

the

declined

to

$3.94%.

three-month

on

In the forward market

sterling

deliveries

narrowed

during the month from the equivalent of 3%% per annum
to about 3%%.
The New York rate for French francs continned

to

keep more
official. cross

less in line with sterling, in view
of 176% francs to the pound.
Toward the end of February the franc was quoted in this
of

the

market at

$0.0223%,

about

reached

"The

States

rate

compared with the high of $0.0226%
earlier.

as

month

a

Canadian

United

or

dollar

currencies

widening from 12 5/16%
of

February,

Of

the

the

Latin

Argentine

showed

weakness

against

during

February^ its discount
Jan. 31 to 13%% near the end
discount in about three months.

on

largest

American

some

currencies, the "free" rate for the

which

improved noticeably in January,
appreciated further in early February, reaching $0.2347 on
Feb. 8, as compared with about $0.2250 at the beginning
of

peso,

January.

adverse

Despite

pressure,

reported

to

have

been occasioned largely by discussion in this country of a
proposal to suspend the foreign silver purchase provisions
of the Silver Purchase Act, the dollar rate for the Mexican
peso

maintained at about $0.1672 throughout the past

was

month."
Details

of the

gold movement at the Port of New

during February

were

Review"

Federal

of

the

outlined

as

Reserve

follows in
Bank

the

New

of

York

"Monthly
York

somewhat

be

to

imports into the United States de¬

further

substantial.

very

under

tinued

despite
of

earmark

for

during February, but continued
In addition, the amount of gold
foreign account at the Federal

at

the

the

Federal

month

held

under

Reserve

amounted

earmark

Bank

to

New

of

for

foreign

York

account

the

at

end

of

about

$1,090,000,000.
reported by the Department of Commerce, gold im¬

"As

ports into the United States during the four weeks ended
Feb. 21 totaled $216,900,000,
of which $43,400,000 came
from

Canada, $32,700,000 from Sweden, $25,500,000 from
Netherlands, $21,300,000 from the Union of South
Africa, $20,300,000 from England, $19,100,000 from Nor¬
way, $14,300,000 from India, $10,500,000 from
Switzerland,
$6,400,000 from Australia, $5,600,000 from Russia, $4,900,000 from Japan, $2,800,000 from Italy, $1,400,000 from
Hongkong, $1,400,000 from the Philippines, $1,000,000 from
Belgium, and $500,000 from New Zealand.
the

CONTINENTAL AND

French

The

agreements

franc,

between

OTHER

being
Paris

FOREIGN EXCHANGE

fixed
and

changed throughout the month at
the

pound.

York

operations
on

As

moved

in

were

occasion

a

sterling

by

mutual

result of this close tie the franc in New

strict
on

showed

At the end

to

London, continued un¬
176.50@176.75 francs to

of the

sympathy with sterling, and though
the whole extremely limited, the franc
some

independent demand.

increasing

that

the

stated that four months after the opening of hostilities
France was in a strong position and that the
country had
benefited by the serious efforts made toward
recovery in

the

preceding the war and had been still further
by the economic and financial accords with Great
Britain, which secured the franc against the danger of
and

assisted

the

French effort

to

finance the

"cash and carry" basis.
War conditions, he asserted, have
obliged France

war

op

a

to make




Government's

the

to

The first Bank of France statement for
circulation

high

This
of a

adoption

22

showed

York

1 at

of 154,455,000,060 francs,
Bank's statement for the week

The

New

Feb.

February showed

outstanding

record.

Feb.
the

circulation

free

at

market

2.25@2.26%, and

153,360,000,000

Paris

cable

new

a

ended

francs.

transfers

In

sold

on

Feb. 29 at 2.22%@2.23%.

on

Belgian

currency was irregular in February, although
than in January.
This statement applies exclu¬

steadier

sively to the spot rate as quoted in the New York market.
Belga futures were generally at a sharp discount, ranging
39 down to 45 points discount from the basic cable
rate.
Belga cable transfers sold on Feb. 1 at 16.96@16.98,
from

and

Feb. 29 at 10.85@ 16.88.

on

Italian

lire

the control

held

were

at Rome.

steady throughout

it

On

the

by

New

peFIifa. """This rate has
of

end

September,

when

gradually lowered from 5.26c.

was

lire

since about

unchanged

the month

The rate for commercial lire in

York-did"not deviate"froffi~'5X>oc.
been

Feb. 1 the

to

4.22,

in

the

of

20%

Rome control

reduced

with 4.55 the

compared

in effect since

early in October.

the

price of tourist
which

rate

had

been

It was also reported early

month

that Italian exporters will receive a bonus
foreign exchange paid in return for their prod¬
ucts.
In other words, an exporter who sells $100 worth
of goods is to receive 2,360 lire from the bank instead of
1,976.50 lire.
Cable transfers on Rome did not vary in
on

the New York market

German marks
York during
tations

for

so-called

during February from 5.05c.
not quoted in either London

February, although there
the

free

Exchange

were

mark

in

New

York

New

or

occasional quo¬

were

around

40.20

for

the

gold. mark.

or

the

neutral during the war of
trends in February.
The Swiss
franc continued steady with a firm undertone, as
exempli¬
fied by the London quotation on 30-day Zurich of 3 cen¬
on

countries

1914-1918 presented mixed

times

premium

The

to

Holland

parity.

guilder

irregular.

whs

An

undertone

of

displayed in the quotations for 90-day guil¬

was

ders,

which ranged from 57 to 75 points discount from
-In mid-February the Netherlands Government intro¬
duced a bill authorizing the issue at
par of a 4% 40-year
"semi-forced" loan of 300,000,000 guilders.
It was stated

spot.

should

the

3%

a

offering

forced loan

prove

failure

a

would be

on

issued,

voluntary

a

for

which

indi¬

viduals would be obliged to subscribe at a progressive
according to their property tax.
The

Scandinavian

currencies

moved

in

close

rate

sympathy

with sterling throughout the greater
part of February.
On
Feb. 24 the Swedish Government instituted
rigid restric¬

tions

the

on

exchange

export of capital

gold.

or

restrictions

it

In

was

and

few

days

estimated

that

a

had taken flight from Stockholm.

on dealings in foreign
before the adoption of

about

20,000,000

krona

On Feb. 15 the Swedish

National Bank held foreign currency reserves of
432,000,000
krona and gold reserves of

1,000,000,000 krona.

The foreign exchange order prohibited
dealings in foreign
of

means

payment and foreign claims to the countervalue
Swedish currency between two
parties without the in¬

of

termediation

of the Riksbank, which was
granted a mo¬
nopoly of foreign exchange transactions.
It was expected that Norway and
Denmark, which had
hitherto exercised a partial control of
foreign exchange,
would follow the example of Stockholm and institute total

control
effect

The

measures.

Scandinavian

decrees

had

little

the

on

foreign exchange market in other centers,
especially in New York.
While the Scandinavian curren¬
cies
to

had

for

London,

the

pound

months

the

sterling
link

and

on

of

transfers

sold

with

close relationship
krona to

Swedish

September

the

Feb.

on

@53.16.

in

the

last

severed

was

Feb. 29 at 53.11%

Cable transfers

link

established

was

23.42 @23.43%

at

previous moved

traditional

Guilder cable

1

and

an

dollar.
at

53.08%@53.10,

Swiss cable transfers sold

Feb. 1 and at 22.42@22.43 on Feb. 29.
Sweden sold at 23.81@23.83% on Feb. 1

on

on

and at

23.81@23.83% on Feb. 29.
Exchange on the South American

restricted
tine

and

official

Feb.

on

free

drastic alterations in her system of finance
and economy.
After long resistance the Government was
obliged to estab¬

largely

policy of non-importation with the exception of war ma¬
terials and other items indispensable to the country's wellbeing and defense.

months

aided

devaluation

trade

ascribed

was

year

ers,

February asserted that exports have
there is every reason to believe
balance, which improved considerably in
that

and

1939, lias already returned nearly to pre-war levels.

unofficial

M. Pierre Fournier, Governor of
the Bank of France, in his annual
report to the stockhold¬

hostilities, permitting France after four
purchase supplies without exhausting its

Paris dispatches in

basis,

gold

supported, M.
which con¬

was

capital

of

to

war

been

that

of

money

repatriation

the

gold reserve.

ther

$30,000,006 fur¬
during the month, following a decrease of $40,000,000
in January.
Chiefly as a result of these factors, the gold
stqck of the United States increased about $245,000,000 in
February, after a gain of $287,000,000 in January.
The

French

the

of

by

said,

months

Reserve Bank of New York decreased about

amount

stability

weakness

"The volume of gold

held

The

for

March 1:

clined

a

Fournier

impend¬

an

sterling outside the London official market held
stable at about $3.95% until the end of February,

fairly
when

of

rigid control of exchange, and this forced the Bank
the supervision of gold movements
and of business in foreign currencies.

shown

was

ing tightening of the British exchange regulations.
the

lish

to assume new duties in

up¬

again in the latter part of the month, accompanying

ward

was

occurred, but the

then

reaction

the

in

fluctuations

irregular

by

1,

steady
rate

and

market

at

was

Brazilian milreis
at

5.01

@5.15

on

throughout

for

the

29.77

22.95
were

peso

on

on

Feb.

Feb.

1,

countries

February.
-was

29.

and

quoted
The

(Continued

on

page

118)

Argen¬

at

29.77

unofficial

23.45

quoted at 5.03@5.15

Feb. 29.

continued

The

on

on

Feb.

or

29.

Feb. 1, and

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF BOND PRICES DURING FEBRUARY 1940
Bond Sales

February

1940

-

1939

$120,384,000
265,301,000

_

Jan. 1 to Feb. 29

Stock Sales

$118,993,000
278,604,000

February

Shares_

Jan. 1 to Feb. 29

1940

1939

13,470,755
29,461,420

13,873,323
39,055,673

NOTICE—Gash and deferred delivery sales are disregarded in the month's range unless they are the only transactions of the
month, and when selling
outside of the regular monthly range are shown in a footnote in the month in wnlch they occur.
No account is taken of such sales in computing the
range

for the year.

The tables

19 to 40 furnish a complete record of the transactions on the New York Stock Exchange during
for 1939.
They need no extended introduction, as they are self-explanatory.
The tables
security dealt in on the Exchange.
We give bonds first, using the classification adopted in the official list.
on

pages

Feb., 1940, and the
embrace every

range

The italic letters in..the column headed. .<</.»lemt. /?eriQd.,!Tndicate in each case the month when the bonds mature.
In accordance with the rule adopted by the New York Stock Exchange in 1909, all

~

quotations for interest-paying bonds

price to which accrued interest must be added.
The exceptions to the rule are income bonds and bonds
interest is in default.
This method of quoting bonds became effective Jan. 2,1909.
are at a

sent one or more

32ds of

Sales in

a

N. Y.

Value

which
repre¬

point
Price

BONDS

February

on

Quotations after decimal point

•S'C
2

STOCK EXCHANGE

PRICES IN FEBRUARY

Jan. 2,
1940

^

Bid

Feb.

1

Bid

Ask

Feb. 29

Ask Bid

RANGE SINCE JAN.

Lowest

Ask

Sale Prices

Sale Prices

U S GOVERMENT BONDS

1947-1952 A

48,000 Treasury 4Hs

O

119.31 Sale

D

114.28 Sale

Registered.

63", 000

Lowest

Highest

Sale Prices

Registered
2,000
6,000 Treasury 3Hs

Sale

(119.29Sale

1119.30 Feb.

120.3

Feb.

6

119.30

Feb.

Jan.

12

119.29

Jan.

114716

114713 114717

120.10

Jan.

23

Sale

114.14

114.18

Feb.

14

114.14

Feb.

114.29

Jan.

3

zll4.12 Feb.

26 114.12

Feb.

26

114.12

Feb.

11479 "Sale

114.25

Jan.

2

114.19

114.9

Feb.

29 114.14

Feb.

10

114.9

Feb.

114.30

Jan.

5

Feb.

23 102.2

Feb.

114.25 Sale

Feb.

114.22 114.28

114714

114.8

Jan.

101720

Jan.

30

102.14 102.22

I6I73~1 Sa'le

114.8

D

2

101.22

Feb.

102.8

Jan.

7

101.30

Jan.

154221 Sale

10475"

Jan.

25

104.10

I03.26 103731 103726 Feb~.~27 10473" Feb"." 15

101.30

S

103.26

Feb.

104.24

Jan.

5

1943-1947 7

D

109720 no*

109722

109.27

109719

109.20

Feb.

21

!09!3"0"

Jan.

"i

105.6

Sale

104726 105"""

9

Registered

^Treasury 3 Ha
Registered

23"000

Treasury 3H8

120.17

S

1946-1956 M

43",000

Sale Prices

120

119.29 Sale

..1944-1954 J

Treasury 4s.

1940-1943 J

-

....1941-1943 M

101.26 101.22

Registered

15.665

Treasury 3 Ha

5"O",666

Treasury 3Hs
Registered.

59",000

Treasury 3 Ha

71",000

Treasury 3 Ha

109.24

109720" Feb"."21 109724" Feb"."6

Registered

...1941 F

A

105713

1943-1945 A

O

109227 Sale

109725 lib""" 165727 Sale" 109726

.1944-1946 A

O

lI67l2

11678"

Sale

Feb"." "5 10576" Feb.""! l6i73~6 Feb"."

loUi

Jan.

"I

Jan.

iio7i"

Jan.

"4

109.26

Jan.

109.30

Jan.

11

110.6

Jan.

110.18

Jan.

5

110.6

Jan.

110.6

Jan.

Feb".~26 11178" Feb"." "2

16

111

Feb.

111.20

Jan.

10

111.8

Jan.

111.12

ill 7f7 lii'il ill 7l9

Fe"b"."23 iii724 Feb"."20

Jan.

19

111.19

Feb.

112 13

Jan.

10

110.10

Jan.

110.28

Jan.

5

110.17

Jan.

110.17

Jan.

25

109.28

Jan.

110.30

Jan.

11

29

1104.30

....

Feb"."

13

l"l"o". 12 11079" Sale" 11078" Feb"."

5

109728 Feb."

2

Registered
Sale

ii67l2 Feb"." "6

Registered

hi",000

Treasury 3 Ha

1946-1949 J

D

mho nV.i3 11179

l"l"l7l3 111"" 11174" ill

1949-1952 J

D

111727

111.28

D

116718 Sale"

110.14 110.18 110.10 110.14

ii67ll

Feb"."20 iio7l~5 Feb"." 13

(109.29

Feb"."23 11079" Feb."2

107.12

Feb.

Registered

Yf.666

1

Highest

Treasury 3Ha..

112.4

111

72*3

109.25

Registered....

27~666

Treasury 3s......
Registered

1946-1948 J

oY.666

Treasury 3s

1951-1955 M

S

il67l0 Sale"

110.3

Treasury 2Ha_.
2,000
Registered
52,000 Treasury 2 Ha
1,000
Registered

1955-1960 M

S

10773*0 Sale"

107715 Sale"

1945-1947 M

S

109 5

Sale

10971

lbb".8

10972

13,000 Treasury 2 H8

1948-1951 M

8

10878

108*.l6 10876"

Sale"

108727 lbb"

10771*2

Sale

167.6"

Sale"

167"

106.31

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

__

Sale

109.29 Sale

Registered

110

22I"66O

107716 Sale
Sale

Jan.

110

Jan.

Feb.

107.7

Jan.

108.10

Jan.

6

(107.18 Feb.

19 (107.18 Feb.

107.8

Jan.

108.4

Jan.

10

108.30

Feb.

21

108.28

Jan.

109.13

Jan.

108.30

Feb.

19 108.30

Feb.

108.30

Feb.

109.3

Jan.

3

108.2

Feb.

9 108.6

Feb.

108.2

Feb.

108.20

Jan.

6

Feb

26 107.13

Feb.

106.28

Jan.

30 107.30

Jan.

6

Feb.

26

26 107.24
109.3

Feb.

4

Registered

i27~666

Treasury 2Ha

1951-1954 7

D

"

Sale

2

HACflfltOPAd

"21",000

Treasury 2

36.666

Treasury 2Ha

272,666

Treasury 2 Ha

"3", 000
16,666

Treasury 2 Ha
Registered
Treasury 2 Ha

523",006

Treasury 2 Ha

Hs!777777"777!.77i9564959

M

S

106721 Sale"

206715 106718 106.9"

l567l2 16679""

106720" Feb." 17 10676" Jan7"6i 106731

Jan! "§

Registered
D

166720 Sale""

10673"

106.6" 105726

.1960-1965 J

D

106713

106

Sale

1945 J

D

108723 108".28 108713 108". is 108712

1958-1963 7

Registered

105.30

165729" Feb"." 26 10678"" Feb"."

Sale

163727

Feb". "26 l667l2" Feb"." 13

105.25

108.16

108710

Feb"." 21 108714 Feb"."

13

108710" Feb."21 158730 Jan!

19

i077l7

Feb""
24

108.3

Jan.

9

105.1

Jan.

106.4

Jan.

10

14

i6672"7 Jan7"§I 106726 Jan7"i!

*

106220

105728

Jan.

30

i66726 Jan! "!6

Registered

1948 M

S

107718

107.24

D

105713

Sale

107."l9 107723 107716 107726 I67.Y7" Feb". "24 167720

Feb"."

105 7l4

105.16

Feb.

Registered

1949-1953 J

Registered
91,000 Treasury 2 Ha
82,000 Treasury 2 Ha
16,000 Treasury 2s
30,000 Treasury 2s
11,000
Registered

"

Sale" " 10578"

Sale

10575" Feb"." 7

2

105.17
S

105.17 Sale

105.14 Sale

105.9

Sale

105.8

Feb.

8,105.18

Feb.

2

1951-1953 J

D

102.31 Sale

102.31

103

Sale

102.29

Feb.

5 103.8

Feb.

13

1947 J

D

104.18 104.23

104.15 104.18 104.15 104.19 104.16

Feb.

7 104.23

1948-1950 J

D

103

103.7

1950-1952|M

103.6

Sale
Sale

103.2

Feb.

10

Jan.

105.23

Jan.

6

105.5

Jan.

106.6

Jan.

11

102.20

Jan.

103.20

Jan.

10

105.4

104.16

Feb.

Jan.

11

102.23

Jan.

16403.22

Jan.

10

103.5

Feb.

21 103.7

Feb.

14

108.20

Jan.

24

Jan"""6

103.1

Feb.

103.10

Feb.

2

103.5

Feb.

103.7

Feb.

14

108.12 108.9

Feb.

Feb.

1

108.9

Feb.

103.6

Federal Farm Mortgage Corp—

42,000

1944-1964 M

3Ha
Registered

~73~666

3s

"3" 000

3s

S

1944-1949 M N

108.11 108.16

108.16 Sale

108.8

21 108.16

10878

Sale""

16573"

Sale"

167731 10873

107729

10577"

105.12

10574

10576

10573"

10572" Feb." "§ 10574" Feb"." "2

15572

105.8"

Feb.21

io§76 " Feb"."

1

107729

Jan!

108J3

105.1

Jan.

105715 Jan!" "6

Registered

...1942-1947 7

J

10576

Registered...

15,066

2Ha
1942-1947 M S
Home Owners Mortgage Corp—
54,000
3s Series A
1944-1952 M N

104726 104731 104725 104729

104.26

Feb.

107.24 108

107.24 108

107.18

Feb.

107.20 Sale

5

i0473"l~ Feb"." 13 104726" Feb!
107.24

105.2

Jan.

Feb.

2

107.18

Jan.

108.4

Jan.

5

24

1,000

Registered.:

107.17

Feb.

107.17

Feb.

23

107.17

Feb.

107.17

Feb.

23

46,000

2Ha Series G.

1942-1944 J

7

104.17 104.22

104.17 104.23 104.19 104.23 104.15

Feb.

104.20

Feb.

19

104.15

Feb.

104.22

Jan.

5

41,000

1 Ha series M

1945-1947 7

D

101.15 101.24

101.14 101.20 101.19 Sale

101.16

Feb.

101.20

Feb.

7

101.10

Jan.

101.24

Jan.

4

N Y CITY BONDS—See page 97.

FOREIGN GOVT & MUNICIPALS

Agricultural Mtge Bk (Colombia)—
6,000
4,000

iGtd sink fund 6s....

.....1947 F

iGtd sink fund 6s
1948 A
Akerahus (Kingd of Norway) 4a_1968 Af
33",000 AAntioqula (Dept of) Col 7s A..1945 J
^External 8 f 7s series B
25,000
1945
a External s f 7s series C_.
5,000
1945

AExternalsf 7s series D
5,000
45,000
a7s 1st series
a7s 2d series
50,000
a7s 3d series
34,000
47,000 Antwerp (Oity( extl loan 5s

A

27 X

O

27

30
94

8

26 X
26%
_

32

26 X

28

32

26 X
55

28

69

z27 X Feb.
27 X Feb.

28X Feb.

16

29

15

27X Jan.
3
26X Jan. 23

29

Feb.

J

14

17

14

Sale

13 X

14 X

14

Feb.

1

15 X

Feb.

15

13X Jan.

J

14

18

15

Sale

10

Feb.

15

17

15

Sale

10

10

14 X

15 X Feb.
15 X Feb.

13
14

14

7
27

14

17

15
Feb.
14 X Feb.
13 X Feb.

16

14

14 X
14 X

1

J

14

13 X Feb.

1945 J

J

14

1957 A

O

13

1957 A

O

13

1957 A

O

13 H

1958 J

153
16:

D

66 X

Sale
69

1948 MN
Sinking fund external 4H»—1971 M N

94 X

Sale

88

Sale

S f external

80 X Sale
79 X
81%

16X

13%
13%

Sale

12 X

Sale

13 X

Sale

12X
12X

28% Feb.

16

Feb.

15

16
16

16X Feb.

15

16

Feb.

19

15X
15X
14 X
14 X
14%
70

Feb.

15
14
14

65

13 X
13%

12 X Feb.
12 X Feb.

23
20

14 X Feb.
14 X Feb.

1
15

13 X

12 X Feb.
67 X Feb.

21

14% Feb.
70
Feb.

15
7

95X
91%
85 H
85 X

21
16
17
17

69

72

68

Sale

95

X
90 X

Sale

95 X

Sale

Sale

83

Sale-

83 X

Sale

91X
84 X
84 %

29

Jan.
Jan.

12X Jan.

27

19

12 X Feb.

20

12 X Feb.

21

67

Jan.

3

Feb.
Feb.
Feb.
Feb.

1

15
15

Jan.

11

95 X Feb.

21

Argentine Nation (Govt of)—
549,000
188,000
695,000
347,000

S f external 4 H®

8 f external

conv
conv

For footnotes tee page 30a




loan 4s.Feb 1972 F

loan 4s__ Apr 1972 A

A
O

2

Sale

95 X Feb.
89 X Feb.

Sale
Sale

82 X Feb.
82 X- Feb.

5

5
5

Feb.
Feb.
Feb.
Feb.

91% Feb.
85 X Feb.

16
17

85 X Feb.

17

Sales in

11

BONDS

February

(Continued)-—
229,000 Australia 5s of 1925---July 15 1955
External loan 5s of 1927
1957
161,000
External g 4%s of 1928
217,000
1956
5,000 iAustrian Govts f 7s.------—1957
iBavaria (^ree State) ext 6%s—1945
135", 000 Belgium 2&-yr external 6%s
1949
Externals f 6s
1955
176,000

Bid

FOREIGN GOVT

External! f 7s
iBenin (G^ltmany)

J

J

M S

MN
J

J

P

A

M S
J

J

}955

----

1941
1957
1957

7

89

79
8

81%
1

100

Sale

l'A

98

94% Sale
102% 103%

Sale

\rSale
75

F

a

75

90
Sale

J

D

87

Sale

J

D

7

M S

63

M S

5734

Sale

F

A

O

MiV

56%
56%
5634

58

A

J

J

3834

5834
Sale
40

1967 J J
1968 MN

11%
11%

14%
20

Sale

8%

Sale"

Sale

21%

Sale

17

Sale

17

17%

76

9%

29
3

99% Feb.

7
15
15
13

97% Sale
92% Sale
103% Sale
22
12%

20%
16%
16%

"...

97% Feb.
91% Feb.
100
Feb.
13% Feb.
20
11% Feb.
Sale
19% Feb.
Sale
15% Feb.
Sale
15% Feb.
Sale
16
Feb.
70
Feb.
73%
74
Feb.
73%
84
83
Feb.
8
7%. Feb.

9

7
12

22

16%

1
1
1
7

76%
75%
73%
6%

Sale

73%

uk

75

Feb.
Feb.
Feb.
Feb.

Sale

13

Sale

89%
89%
81%
7%

Sale

78

Sale

22
Sale

29
26
29
13

76%

Sale

11

16%
69

"78%
92
9

69

81

7%

Feb.

1 104

Feb.

76% Feb.
75% Feo.
73% Feb.
6% Feb.
12% Jan.
96

Jan.

89

Jan.

100

Feb.

13

Jan.

11%
17%
13%
13%

Feb.
Jan.
Jan.
Jan.

1

Highest

Sale Prices

Sale Prices

Sale Prices

Feb.
Feb.
Feb.
Feb.

Sale

Sale

22

Ask

Ask Bid

Lowest

Highest

Lowest

Feb. 29

Feb. 1
Bid

11%

M S

1950
1962

(Province of)
stamped
---Readjustment 4%-4%s

Sale

13£
17 J13 y8

1958

1952
1957
1958

83 %

11

1950

5,000
s f 6%s
AExternal sinking fund 6s
5,000
230,000 iBrazil (U S of) external 8s
AExtl s f g 6 %s of 1926
416,000
iExtl s f 6%s of 1927
322,000
iCent Ry 30-year g 7s
190,000
1,000 Brisbane (City) s f 5s
7,000
Sinking fund gold 5s
11,000
20-year s f 6s_-_-_
10,000 iBudapest (City of) 6s—-

87

Ask
Sale

75

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price
Jan. 2,
1940

exchange

n. y. stock

Value

145,000

EXCHANGE-BONDS

N. Y. STOCK

20

Sale Prices

29

91

Jan.

15

26
29

90% Jan.

24

Jan.

24

8% Jan.
12% Jan.
100% Jan.

30

84

95
Jan.
104% Jan.
14

Jan.

30
5
8

29

Feb.

28

13%
11%
22%
17%
17%
17%

Feb.

14

13

Jan.

28

70

Feb.

28

70

Feb.

79

Jan.

30

27

77

Feb.

17

74

Feb.

78

Jan.

24

27

87% Feb.

13

83

Feb.

87% Fda.

13

FCb.

9

7% Jan.

Jan.

19

59% Feb.
59
Feb.

65% Feb.
63% Feb.

17

60% Feb.
60% Feb.

66

Feb.

19

67

Feb.

17

57% Jan.
57% Jan.
56% Jan.
56% Jan.

13

15
2
2

1

15

8

Feb.

8

Feb.
Feb.

14
14

Feb.

14

11% Feb.

20
8

23

25

Jan.

17% Feb. 14
17% Feb. 14
1834 Jan. 25

8

Buenos Aires

a6s

287,000
116,000
58,000
54,000
6,000

Refunding s

1976

1975

bonds

3 %s external s
ASecured

s

1984

f $ bonds

Bulgaria (Kingdom
3,000
5,000

1977
1976

f4%-4%s_

Extl readjust 4%s-4%s
Extl s f 4 %-4 H, §

of)—

f 7s

AStabilization loan

---

7%s

1960 A O 101%
260,000 Canada (Dominion) gold 4s
30-year gold 5s
---1952 MN 106%
356,000
lC-year 234s
Aug 15 1945 F A 96%
245,000
25-year 3
1961 J J 93%
122,000
7-year 2 %s
..---1944 J J 9634
131,000
30-year 3s.
1967 J J 8834
119,000
30-year 3s__
— 23,000
-}^8 MiV 88%
ACarlsbad (City) s
f,8s--1954 J J
1950 M S
3;666 ACent Agric Bank (Ger) 7s,
AFarm Loan s f 6s
1960 J J 12%
9
a6s July coupon on.*..
1960 -—13%
AFarm loans f 6s
1960 A O
32,000

.....

"

76%
6034
59%
59%
59

42

12%
13%

Sale
Sale

96%
Sale
Sale
89
Sale

15%
32

7;666

1960

----

1942 MiV

a7sassented
---1942
63,000
AExternal sinking fund g 6s—1960
19,000
a6sassented
----I960
163,000
AExternal s f gold 6s
Feb 1961
7,000
a6s assented
Feb 1961
148,000
ARy
ref
extl
s
f
g
6s
Jan 1961
14,000
a6s assented
-Jan 1961
64,000
AExtl s f 6s int ctfs
Sept 1961
1,000
a6s assented
Sept 1961
44,000
AExt sinking fund 6s
1962
5,000
a6s
assented
1962
51,000
AExternal sinking fund 6s—-1963
2,000
a6s assented.—
1963
123,000
6,000 AChile Mtge Bank of gusf 6%s_1957
a634s assented
1957
10,000
AGuar s f gold 694s
1961
5,000
a6 %s assented
1961
12,000
AGuaranteed 8 f gold 6s
7,000
a6s assented
1961
31,000
AGuaranteed sink fund 6s
1962
1,000
t6s assented
1962
86,000
1960
17,000 AChilean Munic Loan 7s
a7s
assented
1960
28,000
1951
2,000 AChinese Hukuang Ry 5s
ACologne (Germany) s f 634s—1950

MiV
A O
A O
F A

Colombia

(Republic of)—

_

„

Oct
-Jan
Bank 6%s
ASinking fund 7s of 1926
ASinking fund 7s of 1927
a6s of 1928.
AExtl

f g 6s
AColombia Mtge
s

debt Ser A of 1914

7,000

5s

9,000

4)4s external loan

1,152,000
41,000
52,000
2,000
11,000

164,000
121,000
328,000

ext

7,000
8,000
16,000

Sale

J

Sale

J J
M S
M S

"2",000
1,000

27,000
44,000
42,000
2,000
15,000

'Xooo

13*%
16%

14
15

13%
12%

14%
14%

Sale

9

15
13%
9%
13% "l5~~
11%
12%
13%
14%
12% Sale
14%
13%
11%
12%
13%
11% "12%
13%

Sale

12

13

Sale

16%

Sale

MN

13

13%
11% "12%
13%
12% Sale"

J D
J D

14%
12

14%
12

A

O

14%

A

O

12

Sale

17%

12%

12%
uM

Sale

17

12%

MN

12

15

13
Sale

11

M S

"13"

15% Sale

9%

15

11%

D

7

13

M S

11

6%
11%

J

17%

"13"

'26"

S

15%
Sale

12 *

14%

M

"Sale"

13

MN

62%

Sale

94%

Sale

92%
84 %
92%
80%

Sale

93%
Sale

81

81%

5

15%
32

14

30"

Sale
9

Sale"

12

10%

6%
11%

19

14

Jan.

10

5

14

Jan.

11

94% Feb.

•

.

9

7
8

Feb.

8

94% Feb.
85% Feb.
85% Feb.

13

90

7
9

13% Feb. 15

15% Feb.

15

13

Feb. 28

14% Feb. 21
13% Feb. 21
14% Feb. 29

O

30%

Sale

J

o

MN

F

a

J

D

MN
F
j

"26% :::::
26%
26%
44%
41%

A

J

1951
1944

MN

1949

F

M S
a

70%

30

1942 M S
1940 A O

26

30

43

Sale

37% Sale
62%

75

75

99

75

Sale

47%

Sale
Sale

70%

74

58

Sale

70

57% Sale
100% 102%
13%
13%
67%

31
26
26

Sale
42%

16%
25
100%
100% 103

74

30% Sale

71

71
A O
70%
74
M S
71
534s 1st series
1969 A O
71
72
534s 2d series.
1969 A O
10
ADresden (City) extl s f 7s
1945 M N
El Salvador (Rep) 1st s f 8s A—1948
J
J
13
15
ACertificates of deposit
42
90
Estonia (Republic) 7s
.-1967 J J
40
Sale
Finland (Rep of) external 6s
1945 M S
AFrankfort (City of) s f 634s
11%
19%
1953 MN
French Republic 7 %s stamped. .1941 J D 101% 104
7 34sunstamped
1941
External s f 7s stamped
1949 J D 108
105%
7b unstamped
-.1949
2d series sinking fund 5 34s
1940
Customs Adm 534s 2d series..1961

Sale

Sale
Sale

33%
32%
26%
26%

,

Sale
26% Sale
39%
40
34%
35
61%
83
Sale

-----

76

21

Sale

13%
13%
63% Sale
51% Sale
42% Sale
71%

72

70

76

70
71
70
70

Sale

~72~"

11

15

15

Sale

Sale

13%
13%
54%
41%
36%

71%
71%
71%
71%
71%
71%

7

15% Jan.

4

14

Jan.

19

4

14

Jan.

5

13% Jan. 23
11% Feb.
8
13% Jan. 19

23

12

Feb.

1

29

19
3

Feb.

26

Feb.

21

13% Jan.
12% Feb.
13% Feb.

Feb.

26

12

Feb.

2
8

Feb.

15

13% Jan.

29

Jan.

25

5% Feb.

13

Jan.

19

5

Feb.

28

7

Jan.

2

4

Jan.

22

7

Jan.

2

4% Jan.

22

7

Jan.

2

4% Jan.

24

7

Jan.

10

4

Jan.

20

6% Jan.

9

Jan.
Jan.

22

12

Feb.

1

4

8

9

7

3

3% Jan.
6% Jan.

4

19
9

Jan.

20

6% Jan.
3
Jan.

6

12

Feb.

12%
11%
13%
11%
12%
11%
13%
11%
15%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
11
Feb.
6% Feb.

Feb.

16

Feb.

26

13% Feb.
12% Feb.
13% Jan.

Feb.

23

12

Feb.

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

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

13

Jan.

21
Feb. 29
Feb. 23
Feb. 21

Feb.

Feb.

7

Feb.

23

Feb.

7

23
16% Feb. 21
12% Feb.

Feb.

29

6% Feb.

5

12

30% Feb.
30% Feb.
26% Feb.
26% Feb.
26% Feb.
39% Feb.
33% Feb.
62% Feb.
75
Feb.
Feb.
Feb.

Feb.
Feb.

Feb.
Feb.

Feb.
13% Feb.

76

1

33% Feb. 21
34

Feb. 21

34

Feb.

9

Jan.

15

Feb.

26% Jan.
39% Feb.
33% Feb.

27

13
27

27

26%
27%
26%
44%

Feb.

26

19

42

Jan.
Jan.

5

63

Jan.

6

84

102

Feb.

60

Jan.

6

99

Jan.

12

61

Feb.

28

56

Jan.

13

7 103
1
80

Feb.
Feb.

6

101

28

74

71% Feb.
Feb.

7

70% Feb.
70% Feb.

19
14
21

15

14%

16

14% Feb. 28

15

Feb.

23

43% Feb.

1

71% Feb.
71
Feb.
71
Feb.
71
Feb.

5

Jan.

20

102
1 103

102% Feb.

10

20

6% Feb.

J 20%
26

1 102% Feb.
26 100% Feb.

2

102

33% Feb. 21

16

Jan.

19

24

15

Jan.

7
2

2% Jan.

16

17

5

3% Jan. 25
6%!Feb. 21

Jan.

73

1

5
4

26

Feb. 24
Feb. 26

19
17

23

6

27% Jan.
28% Jan.

Feb. 21

27

5

15

Jan.
Jan.
Jan.

14

84

29

22

5
19

Jan.

17
20
26 102

29

Feb. 28
Feb. 28

Jan.

21

2

Feb.

3
8
21

Jan.
Feb.

26

17
17

Jan.
101% Jan.
61
Feb.
Jan.
104
Feb.
80

28

13 %

Feb.

26

26

Jan.
Jan.

2

26

28
17

Jan.

12

Jan.

23

13% Feb.
13% Feb.

J
26

54

Feb.

28

13% Feb.
67% Jan,

45

Feb.

28

58

36% Feb.

19

48

71% Jan.

31

71% Feb. 20

Feb.
Jan.

2
3

7

71

7

71

Feb.

7

3

70

18

71

Jan.

3

1

70% Jan.
70% Jan.

13

71

Feb.

1

13

71

Jan.

9

21

71% Feb. 21
13% Jan. 23

71% Feb.
13% Feb.

21

71% Feb.

10

11% Jan.

3

Feb.

23

13% Jan.

15

16

Feb.

23

53% Feb.

14

48

Jan.

23

53% Feb.

14

Feb.

14

40

Jan.

2

Feb.

14

12% Jan.
102
Jan.

18

12% Feb.

15

16
e50

12% Feb. 15
5
Feb. 29 104% Feb.

12% Feb.

3

9
Feb.
Feb. 13
Feb. 29
8
Feb.
7
Feb.
Feb. 17

36% Feb.

48

11

26%
27%
26%
43%
39%
62%

23

13% Feb. 26
13% Feb. .26
3
64% Feb.
8
54% Feb.
1
43% Feb.

71

8

Jan.

8

Jan.

4

22

4

2% Jan.
6

10% Jan.
6% Fob.

14

4

6

11% Feb.

13

3

11

6

50

22 105

Jan.

18

18 115% Feb.
3 107
Jan.

27

100

100

112% Sale
108%

25

6

45

Sale

9

10

Feb.

50

45
Sale
43% Sale
11%
19%
11%
14
102
Sale
103% 108

Jan.

88% Jan.

13% Feb.

71% Feb.
13% Feb.

48

43

3

89

27

Feb.

14%
13%
14%
13%
13%

93% Jan.
96% Jan.

27

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

54

75
72

27

1

213% Feb.

74
74%
75

26

9
3

10
2

9

Sale
Sale

Jan.

29 107
Jan.
1
96% Jan.

Feb.

12

19

80

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

13% Feb.
12% Feb.
13% Feb.

19
20%
101% 105% 102
Sale 102%
2102 %
100
99% 101%
99%
57%
60% Sale
57% Sale
102% 105% 102% 105% 102%

19%
101%
102%

91%
83%
92)4
79%
79%

13% Feb.

„

a

93% Feb. 26 101% Jan,
101

7

Feb.

45% Feb. 21

19

Jan.

Feb.
Feb.
Feb.
Feb.
Feb.

12

17

11% Jan.

97% Feb.

Feb.

Feb.

13

104% Feb.

12

67

3

Feb.

13% Feb.
12% Feb.
13% Feb.

19

2

17

16

93% Feb.

14% Feb.
11% Feb.
13% Feb.

Feb.

Feb.

14

14

19
8

66

Feb.

Feb.

U'Xeb"8

20

14

10%
14%
1334
13%
14% Sale
13% Sale
14% Sale
13%
13%
14% Sale
13% Sale
14%
13% "13%
14%
13% "13%
14%
13% *13%
15%
13%
12% Sale
17%
13%
12%
12%
28%
13%
12%
12%
28%
13%
12% Sale
16%

6534 Feb.
63% Feb.

4

13% Feb.

13

6

Jan.

14

15% Feb.

14%

2

3

40

Feb.

91%
83%
92%
79%
79%

19

45% Feb. 21

42

101

Sale

101

.10%

Sale

D

63%

65%
45%

16%

D

Sale

42%

61%

13

13%
16%

Sale

61

Sale

M S
M S
MN

1949

f 5Ms

13%

13%
Sale
Sale

A

434s external debt
1977
30-year s f 534s
—1953
APublic Works 534s.-June 30 1945
ACz9choslovak (Rep of) extl 8s—1951
ASink fund 8s series B
--1952
Denmark 20-yr external gold 6s-1942
External g 534s
--1955
External g 434s
1962

2,000 Dominican Republic s
1st ser 534s of 1926

13
17

Sale"

F

1961
1961
1947

1946
1947
Copenhagen external 5s
1952
Gold 434s
—1953
§ ACordoba (City) 7s stamped__.l957
Cordoba (Prov) Argentina 7s—1942

12,000 ACosta Rica (Rep of) 7s
9,000 Cuba Rep of) 5s of 1904

14

9

17

J

—

386,000
324,000
2,000
2,000
1,000
72,000
132,000
3,000
45,000

_

62
61

91% Sale
86% Sale
93% Sale
83% Sale
83%
82%
5
15%
14%
13%

-

a6s Oct coupon on...
AChile Republic ext s f g 7s

Sale
Sale

Sale
102

85

79

112% Feb.

115%
108%

1 115% Feb. 27

110

Jan.

106

Jan.

18

German Gov't International—

A35-year 534s stamped
....1965
a534s unstamped
1965
a5%s stpd (Canadian holder).1965
103",666 AGerman Republic 7s stamped. .1949
a7s unstamped
1949
16,000
German Prov & Communal Bks—

200,000
3,000

13,000

a7s part paid
aS f secured 6s

15", 066

a6s part paid

22",660
7,000
4,000
6,000
5,000
9,000

D

.1964
...1968

..1968
Haiti (Rep of) 6s series A
—.1952
AHamburg (State) 6s
1946
AHeidelberg (City) extls f 7 %s__ 1950
Helsingfors (City) ext 6%s
1960
Hungarian Cons Municipal Loan—
ASecured s f g 734s
—1945
ASecured s f g 7s
Septl946
AHungarian Land Mtge 7 %s A—1961
AS f 7 34s series B
1961
Hungary 7 34s ext at 434 to
1979

Italy (Kingdom) extl s f 7s
1951
Altalian Cred Consortium 7s B..1947
10,000
Italian Public Utility s f g 7s...1962
50,000
1954
284,000 Japanese Govt extl s f 6%s
Extl sinking fund 5Hs....... 1965
162,000
For footnotes see page 30.




11

Sale

8%
5%

8%
7%

Sale

11%

11%

25

12%
23%
15%
20%
15%
87%
8%
7%
22%

8

7%

F"

A

AO

12%
23%
16%
18%
14%

A

O

J

J

84%
8%
7

A

O

24%

J

MN

6%
6%
6%

MN

6%

J

F

A

Irish Free State external 5s_....1960 MN

279",660

8%
6

O

a(Cons Agric L'n). 6%a ser A.1958 J D
AGreek Govt secured 7s
-.1964 M2V

"2",066
13,000
5,000

J

J

D

M S
J

J

F

A

MN

8

20%
16
90

10%
30

"8%
9

22%

30

91

94%

70%
70%

Sale

53

Sale

79%
60%

Sale

75
Sale

7%
7

7%
7%
25%

9%

25
20%
-----

18%
90
10%
10%

8
7%

10%
6

Sale

8% Feb.
5% Feb.

Sale

14

Sale

11% Feb.
7% Feb.

8% Feb. 26

10% Jan.
7% Feb.

25

14% Feb.

15

Feb. 20

13% Jan.

20%

17" ""Feb".

18

Feb.

;

14

8%
14%
23%
17%
19%
15%
80%
10%
9%
29

7%
7

Sale
Sale
21%
15
Sale

8%
8%

8

30

7%
27%

95

28
91%
Sale

70% Sale

70%

Sale
52
Sale
79% Sale

74

49%
84%

52
Sale

57% Sale

62

Sale

71

10% Feb. 27
6
Feb. 24

8% Jan. 23
5% Feb.
8

77

21

15% Feb. 29
79
Feb. 20
11

Feb.

26% Feb.

15

17

Feb.

8
8

Feb.
Feb.

28

Feb.

16

16% Feb. 24
88
Feb. 10
11
Feb. 15
31

Feb.

14

8% Feb. 28
8
Feb. 19
8
Feb. 15

7% Feb.
7

Feb. 28

8

Feb.

15

28% Feb. 14

Feb.
Feb.

49% Feb.
79% Feb.
57% Feb.

1

3
20
1

1

14
74% Feb. 24
72

Feb.

52% Feb.
85
62

6

Feb. 28
Feb. 28

7

Jan.

8

14

Jan.

10

9% Jan.

10

15

Feb. 20

i6"""JanT"l7

18

Feb.

14% Jan.

17

79

Feb.

20

16% Feb. 24
90
Jan, 18

10

Jan.

11

11

Feb.

15

22% Jan,

19

31

Feb.

14

7

Jan.

18

8% Feb. 28

7

Jan.

17

8

Feb.

19

7

Jan.

17

8

30

8

Feb.
Feb.

15

7% Jan.
25% Jan.

28% Feb.

14

92

.70
70

9

10% Feb. 27

Jan.

16
9

9
69% Jan.
68
Jan. 17
49% Feb. 20
77% Jan. 25
57% Feb.
_

92

72

Jan.
Jan.

76% Jan,
54% Jan.

16

15
9
3

10
3
28

85

Feb.

62

Feb. 28

Sales in

S3,

BONDS

February

N. Y. STOCK

Value

EXCHANGE

GOVT

FOREIGN

S

Jan. 2,
1940

A Lower

Austria

AMexican Irrigation 4

10,000

194o

a4s of 1904

1954

M

1954

54

Sale

75 m

M

13

Sale

1254 Feb.

6

Sale

75

Feb.

3

M

1933

1

%
%

1M

%

1M

%

1m
1m
1m

1M

%

1m

Sale
1%

ASmall

52 M

34,000 Oslo (City) 4 Ms extl sink fund. .1955
139,000 APanama (Rep) external 5 M s--1953
AExtl s f 5s ser A—-May 15 1963
6,000
AStamped (assented)— —1963
131,000

M 5

D
MJV

J

F

A

A

O

F

A

F

A

Af S
A

O

F

A

J

D

AExternal

s

f 8s—

M N
A

O

MN

4H« assented

9

1

Jan.

9

20

54 Jan.

4

134 Jan.

23

h
54
M
1M

Feb. 20
Feb. 19
Feb. 23
Feb.
7

1

Feb.

27

1

17

1

Jan.
Jan.

3
3

27
7

54 Feb.
54 Jan.
M Feb.
54 Jan.

20

54 Feb.
54 Feb.
1M Feb.

23

% Feb. 27
1M Jan. 22

Jan.

25

Jan.

2

1

Feb.

7

4954 Feb.

13

Feb.

2

1154 Feb. 24
1154 Feb. 26

8

1034

12M

95a Feb.

7

Feb.

23

47

46

"54""

"78""
86 M

46

Sale

Feb.

47

23

6854 Feb. 28

72

11%

654
1254
654

6M
6

78

17 m

"1134

17 M
Sale

5934
55% Sale
51.%
72
6954 Sale
103 54 104m 10354 105
54

55 m
52 m

77

80
Sale

69. m

6%'" Sale
9M
9M
9M

Sale

59

Sale

Sale

8%

7m

10
Sale
Sale

10

9M
9M
8%

•

9m

.

7

13%
7m

11
8

7

5%

7

6934 Sale

10m
Sale
Sale

11
9

10M
9M
9M
854

9%
Sale
Sale

954

""8M

7 M

/X
854
654

7 M
554

"

9

28

30

Feb.

28

Jan.
93 M Feb.
93 34 Feb.

Feb.
Jan.

19

Feb.

28

7754 Jan.
73 M Jan.

7654 Feb.

9

59

Feb.

29

73

Jan.

Feb.
Feb.
Feb.

8

75% Jan,

20

80

Jan.

13

20

20

12

Feb.

20

Feb.

24

1

77

Feb.

20

12

55M Feb.
52M Feb.

2

60

2

55M Feb. 27

Feb.

28

69

103M Feb.
77

Feb.

68

Feb.

73

7 10354
26
78
2

~8T—Feb"—7

Feb.

7

Feb.

2

Feb.

13

73M Feb.

7

Feb"

26

"9"

12

55M
5154
6754
103M
74M

24

68

Feb. 28
Feb
1
Feb.
1
Feb. 26

1054
954
954
854

1554
7M
754
554

Feb:
8
Feb. 28
Feb. 15
Feb.
8

16M Feb.
754 Feb.

17

"8M
-----

754 Feb.

15

Feb.

13

13

11M Feb.
1054 Feb.

14

6

Feb.

.1961
D
6,000 APorto Alegre (City of) 8s
_.1966
J
AExternal loan 7 Ms
13,000
APrague (Greater City) 7 Ms—'..1952 Af N
24.666 APrussia (Free State) exts f 6 Ms 1951 M S
ASinking fund gold 6s
1952 A O
20,000
_

131,000 Queensland (State of)
25-year extl s f 6s
40,000

ext s f 7s._1941

1947

Feb 15

A

O

F

A

ARhine-Main-Danube deb 7s ser A '50 M S

"91", 656

aRIo de Janeiro

1946

(City of) 8s

A

O

6 Ms
—1953 F A
Rio Grande do Sul (State of)—
a8s
extl
loan
of
1921
1946
32,000
a6s extl sinking fund gold
1968
74,000
a7s extl loan of 1926
1966 M N
28,000

248,000

AExternal

sec

— -

a7s Municipal loan
--1967 J d
3,000
85,000 Rome (City) external s f 6 Ms.-1952 A O
5,000 Alioumania (Kingdom of) 7s—1959 F A
AFebruary 1937 coupon paid-----6,000

1953 j"j

(City) s f 6s
Sao Paulo (City of)—
a8s extl secured s f._
27,000
a6ms extl secured s f
21,000
San Paulo (State of)—
ASaarbruecken

7,000
130,000
59.000
264,000
182,000
1,000

7,000
17,000
1,000

9%
9%

11m

11

11
99 m
90

12 m
8 34

14 m
12

11%
11%
101m

Sale
91

96

Sale
Sale

8M
7m

9

Sale

10M

734
7j4
7%

Sale
9m
8M

66

Sale

8

Sale

7m

8m
8m

-----

22

954
9 Vs
854
654

18

7M Jan.
7
Jan.
554 Feb.

16

9m
754
12

M N

8

Sale

M N

7M

Sale

13

1921

8M
7m
7M

a8s external

-----

Sale
8m
Sale

24

Sale

14

15

14
Af N

11 m

16

Af N

11

12 m

D

5

J

D

5

8%
7m
15m
954
9m

8m
32

12m
11m
534

41,000
;y
33,000
External s f 5Ms guar..-. —1961
59,000
1,000 AUruguay (Rep) externals f 8s__1946
AExternal sinking fund 6s
1960
1,000
AExternal sinking fund 6s _ —1964

J

83 m
55 m

Sale

55 m

M S

39

Sale

36 m

A

O

56 m

Sale

53 m

F

A

52 M
49 %
4954

"52"

Af N

52%
52%
52%

105,000

16",000

1454

12M Feb.

1254

14

12

Sale

101

Sale

Sale

90

M Sale

54 Feb.

10054 Feb.
90
Feb.

Sale"
8%
Sale

954
9M
12M
Sale
Sale

22

9J4
954
1134
10 M
10)4
1034
5554
954
7M
12

11

8 54 Feb.

Sale

754 Feb.

12

954 Feb.

Sale
11M
1 234
Sale

9

9M
9M
55M
934
754

Af N

854

Sale

1834

Sale

12

Sale

10M
1054
32 M

9

Sale

86

5

12

9

1979

Af N

43 m

44 m

48%

Af N

43 m

44

1978
1978

J

40 m
48

54-4M-4si»% extl conv

4_4^_4
external readj
3 Ms external readjustment -

F

D
A

-1984

J

J

Bank 7s..-1952

A

O

_

(City of) 6s—
A Warsaw (City) external 7s
a4Ms assented-3,000
85,000 Yokohama (City) extl s f 6s
A Vienna

1952
1958
1958
1961

M N

47

Sale

48

47

~50""

49 %

8

39

16
'12

11
10M

Sale

1154
11

Sale

A

6m

F

A

6

Sale

5

J

D

59

Sale

57

J

D

51

Af S

104

7

27
7
24

Feb.

13

Jan.

23

Feb.

26~
14

20
20

1154 Jan.

3

5

18

16 34 Feb.
754 Feb.

17

7 54 Jan.
634 Jan.

11

Feb.

14

Feb.

23

11M
10 54
12M
12 54
1254

16

3

Jan.

8

Feb.

13

Feb.

15

99

Jan.

16 103

Feb.

7

27

90

Feb.

27

98

Jan.

27

21

Jan.

12

21

Jan.

12

7M Jan.

16

1054 Feb. 28
954 Feb. 20

98

Feb.

10M Feb. 28
954 Feb. 20
1154
1154
1054
9M
57M
954
754

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

8M Feb.
854 Feb.
15M
954
954
854
31M
18

1254
1154
5M
434

1354
1254

7

Feb. 19
Feb. 20
Feb. 23
7
Feb.
Feb. 10
1
Feb.
1
Feb.

834
754
754
754
55M

Jan.

2

Jan.
Jan.
Jan.
Jan.
Feb.

16
19

16
9
6

Jan.

2

754 Feb.

27

8

6
9

1134 Feb. 19
11 M Feb. 20
10H Feb. 23
934 Jan. 24
60M Jan.
2
9 34 Jan.
10
754 Feb.
1

754 Jan.
Jan.

17

1054 Feb. 24
9 34 Jan. 24

Feb. ,26

13M Jan.

12

19

Jan.

17

12 34

Jan.
Jan.
Jan.
Jan.

16

113-8 Feb.
11
Feb.

19

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

3

1054 Feb. 24
9M Feb. 26

12M Feb.
1154 Feb.

15

8

19

Feb.

19

3354 Feb.
18
Feb.

15

11

7

7M
7M
2154
17M

6

1154 Feb. 23
7
1154 Feb.
554 Feb. 10

Feb.
1154 Feb.
5M Feb.

13

8
17
10

"6

2

Feb. 26
Feb. 15

19

16

34

Jan.

19
27

11

18

Jan.

18

11M Jan.
11M Feb.

8

13

Feb.

7

12

Jan.

8

5

Jan.

13

5X8 Feb.

10

5

Jan.

15

5

Jan.

15

1554 Jan.

15 M

87 M z85M Feb.

2

87

Feb.

16

56M Feb.
38
Feb.

2

58M Feb.

7

9

40

Feb.

24

1

5754 Feb.

28

a59

Feb.
Feb.

29 a59

59

Feb.

26

Sale

77

57

58

Sale

38 M

40

Sale

Sale

62 M
a59

63
Sale

59

53

59

9

1554 Jan.

9

Jan.

24

24

31

58 M Jan.
Feb.
40
57% Feb.

Jan.

15

87

5534 Jan.

15

37

Jan.

25

53

85

8

9

28

Feb.
Feb.

29

83

Jan.
Jan.

18

53

Jan.

18

26

52

Jan.

10

59

Feb.

26

59

Sale
50

48 M
Sale

52 M
42

4854 Feb.

53M Feb.

29

44J4 Jan.

9

5334 Feb. 29

51M
52
60

50M Feb. 20

51

Feb.

23

3

51

14

51

Feb.

16

16

51

49

Feb.
Feb.

4354 Jan.
43 54 Jan.

1

53

Feb.

27

46

Jan.

16

53

51

49

Feb.

21

51

Feb.

24

43

Jan.

25

854 Jan.

26

51
Feb.
8 54 Jan.

Sale

42 M

51M

50

Feb. 23
Feb. 16
Feb. 27

38
43 M

49

854
5M

854
5%

F

Feb.
Feb.

16

39

4534

13

1254 Feb.
1254 Feb.
24 103
Feb.

1937)
1979

8

Jan.

23

13

22

16

15 m

88

954
9M

9

12

13

19

1937)

External conversion

Venetian Prov Mtge

12 M

12M

5

12

A

3

~ii%

1754
1654

A

12,000
10,000

1054 Feb.
9M Feb.

10

13

854 Feb. 26
654 Jan. 16

Feb. 26
Jan. 17

10

"13""

11

9

Jan.

15

16

Jan.
Jan.

"9

10

Jan.

10 34 Feb.
10 34 Jan.
1034 Jan.

8

8M Jan.
754 Jan.
1154 Jan.

n

1957

a7s extl water loan
a6s extl dollar loan

354-4-434% (S bonds of
External readjustment
3 54-4-4 M% ($ bonds of

10

Sale
i

24.000

285,000

10J4

19

7M

10

10 M
10

11

1952

1936
—1950
1956
1968
ASec s f g 7s
1940
A Saxon State Mtge Inst 7s.-.--1945
fund gold 6Ms.Dec 1946
Serbs Croats & Slovenes (Kingdom)
a8s secured external
1962
a7s series B sec external
1962
ASilesia (Prov) extl sink fund 7s. 1958
a4ms assented
1958
ASilesian Landowners Assn 6s—1947
*a8s extl loan of

8

7m
1054

28

Jan. 26 60
55 M
Jan. 31
20
73
Jan
7 105 M
Feb.
4
78
Jan.
2
74%
Feb.

/

Sale

89

1%-Jan: 13
3
9 54 Jan.

Feb. 14
5
Feb.
Feb. 13
26
Feb.

10M
9M
954
854

.

23

85

76M Feb.
12

23

61

72

59

Feb.

68

Feb. 28
Feb. 29

61

85

7

14

o

M Feb.

9

28

85

Sale

6154 Sale

90

10

Feb.

Sale

70

Feb.

27

13

28

8654

47

8034 Feb.
78
Feb.

Feb.

Feb.

Sale

47

19

10

Feb.

Sale

20

93 M Feb.
93 M Feb.
77
Feb.

78

Sale

Jan.

Jan.

1

85

67

5

44

40

Feb.

80

6934

8M Jan.

23
9

Sale

92

1154 Feb. 24
1154 Feb. 26

23

89

Sale

3

5334 Jan.

Feb.

28

Sale

Feb.

00

90M Feb.

47

80M Feb. 27

Sale

Sale

47

83

90 34

66 H
76 34

19

10

Sale

7 34

19b8
| 9o0
1963

12m

Jan.

Feb.

48

92

80

14 M Feb. 15
77M Feb. 23

1

Sale

89

10634

8

Feb. 20

72 54
71

71

Jan.

30
19

17% Jan.
12 M Jan.

1

75

103 m
70

D
Af N

18

Sale

Sale

80

12M Jan.
72

11

Sale

Sale

14M Feb. 15
7754 Feb. 23

49 %

Sale

17m

J

10

"54""

58 m
52 %

1947

—

l\y'

12

19

48

41%
89m

Sale

57 m
52

1940
1958

assented

38 m
80 m

"16""

,

4 Ms

4?B

A

F

9m

Sale

40

Af S

28,000 APernambuco T^tate of)' 7s
I0|7 W's
M S
21,000 APeru (Rep) Sec s f g 7s -----r-19o9
ANational loan ext s f 6s
1960 J D
305,000
ANatiorial loan ext s f 6s
1961
148,000
1,000 APoland (Rep of) g 6s
4Ms assented
AStabilization loan 7s
"3", 665

8m
7%

48 m

Sale

Jan.

%
1m

I'm

Sale Prices

Sale Prices

12M Jan.

15

6

17M Feb.

1

M

1M

1m

17

1

Highest

Lowest

Sale Prices

Sale Prices

15% Feb.

76 m

%

ASec extl s f 6 Ms
1959
49,000
1,000 AMontevideo (City) 7s
1952
a6s series A
---1959
1,000
69,000 New South Wales ext s f g 5s-_-1957
External s f g 5s
—1958
31,000
117,000 Norway 20-year ext s f 6s
1943
138,000
20-year external s f6s.1944
External sinking fund 4 Ms—1956
363,000
External sinking fund 4Ms—1965
519,000
4s sinking fund extl loan
1963
465,000
3.000
Municipal Bank ext s f 5s.—1970
1,000 ANuremberg (City) external 6s_-1952
1953
94.000 Oriental Developments 6s
External deb 534s
---1958
48,000

1,000
8,000

Ask

17 M

15

7 '

A O
100,000 Milan City (Italy) ext loan 634s. 1952
Minas Geraes (State of, Brazil)—
ASec extlsf 6Ms
1958 Af S
56,000

3,000

13 M

74M

Sale

1

RANGE SINCE JAN.

Highest

Lowest

Feb. 29

11%
1034

1

M
34

1943

£-1945

AAssenting 5s of 1899
a Assenting 5s large
AAssenting 5s small

*

15M
75

1

Ms gtd—1943

AAssenting 4s of 1904
AAssenting 4s of 1910 largeAAssenting 4s of 1910 small.
*
ATreas 6s of ' 13 assent (large)

8,000
3,000
21,000
4,000

18

10?4

8

10M
70M

1954

-

17 M

11%

1954

a4hs stamped assented
AMexfco (U Sf extern 5s 1899

|

1

Ask Bid

Bid

20

14

(Prov) 7 Ms,—r1950

26,000 AMedellin (Colombia) 634s
25,000 Mendoza (Prov) 4s readj

Feb.

Ask

Bid

(Concluded)

11,000 iJugoslavia (State Mtge Bk) 7s.1957
iLeipzig (City) external s f g 7s. _ 1947

.

PRICES IN FEBRUARY

Price

ll

21

EXCHANGE—BONDS

N. Y. STOCK

March, 1940]

Feb.

Feb.

15

56M Feb.

Feb.

29

5
Sale

615!

Sale

5

24

5

7 34 Jan.

3
6134 Feb. 29

Feb.

56M Feb.

railroad and industrial
companies
18,000 ♦jAAbitibi Pow & Paper 1st 5s__1953
1948
3,000 Adams Express coll tr g 4s
Collateral trust 4s of 1907
1947
2,000
4 Ms stamped
1946
17,000
1952
10,000 Adriatic Elec Co external 7s
Ala Gt Sou 1st cons 5s ser A----1943
First cons 4s series B
-1943
44.660

6,000 Albany Perforated Wrap Pap 6s_1948
6s with warrants assented
1948
7,000
;1946
28,000 Albany & Susq 1st guar 3 Ms
190,000 Allegheny Corp coll tr conv 5s-_1944
Collateral and convertible 5s--1949

83,000
259,000

-.-1950
1998
.1942
^Allied
Stores
Corp
deb
4Ms—1950
12,000
4mb debentures
1951
108,000
a5s stamped

17,000 Allegh & West 1st g guar
78,000 Allegh Valley gen gu 4s

159,000

3i"o",666
139.000

65,000
409,000
270,000
144.000
8,000
39,000

4s

1952
AAlpine Montan Steel 7s
1955
Amer & Foreign Power deb 5s—2030
American I G Chemical 5Ms—1949
Amer Internat Corp conv 5 Ms_.1949
American Telephone & Telegraph—
20-year sinking fund 5 Ms
1943
3 Ms debentures
1961
3 Ms debentures
1966
Am Type Found 6 f debs 2M-5s .1950
Amer Water Wks & El 6s ser A-.1975

Allis-Chalmers Mfg conv 4s

For footnotes, see page 30




53
Sale

J

D

102

F

A

108 %
67

Sale

107
52

107 m
58

A

O

J

D

J

D

A

O

83

54 M

60
85

F

76 m
68

A

41

A

59

74 m

108"

53 M

Sale

Sale

61

Feb.

104

10854
108M

Sale

108 %
108 M
108

101

Af N

103
104 m

Sale

m n

109

Sale

A

O
D

108 %
108 %

Sale

3

J

J

UN

60

102

Sale

100 M

Sjale

J

107 M Jan.

104

l5oIM

Sale

96

Af S

Sale
105 m 106
10734 108 m

Sale

Sale

31

Sale

8554

11%

Sale

54M Feb.

Jan.

23
5
23

28

53

Jan.

25

61

Feb.

28

85

Jan.

2

87

Jan.

18

76M Jan.
6634 Jan.

22

80 M Jan.

30
15

7054 Jan.
45M Feb.'

5
5

17

6234 Feb.

14

29 106 M Jan.
2 101 M Jan.

10

41

Jan.

59

Jan.

Feb.
Feb.
Feb.

8

10554 Jan.

5

100

7

Feb.

8

9454 Jan. 16 97
109M Feb. 20 111
17 M
17 M Jan. 20
6454
61
Jan. 12

Feb.

14

Jan.

8

102

Jan.

103

Jan.

Sale
Sale

10854 Feb. 29 10854 Feb.
10854 Feb. 27 109M Feb.

8

Feb.

9

Feb.

10554 Feb.
10754 Feb.

26 109

Feb.

Feb. 10
Feb. 23
Feb. 27
2
Feb.
Feb. 14

21

108

8
6
2
2

Jan.

Feb.

104

24

60

15 104M Feb.

Feb.

5554 Jan.

27

103

103% Feb.

15

2 10454 Feb.
16 10354 Jan.
15 10854 Jan.
31
80 M Feb.

23 109
3 108

104
Sale

Sale
105 M 10554 105M 108
108 M Sale
108
Sale
10854

Feb.

Feb.

103 M

106m

100

1?^

Jan.

Feb.

Sale

106

O

31

Jan.
Jan.

102

58

Sale

"43""

6654
44 M

68
Sale

Sale

104

Feb.

103

Sale

110m
13 m
63 m

51

Feb.
Feb.

108

Sale

77 54

A

J

55

10754 Feb.
60
54M Feb.
53
Feb.
70M
Sale
8554 Feb.

Sale

86 M

F

S

108

°16M
6254

79 m

85 M

Feb.

107 M Jan.
70
Jan.
109
Jan.

86M
Sale
7954
77M Feb.
68
Feb.
Sale
7054
42 M
40 M
41M Feb. 23 45M
Sale
62
Feb. 14
62M
62
106M 10554 Feb. 17 106M
106
101
100M Feb. 21 101
100
9454 Feb. 20
9654
96 M Sale
109M Feb. 20 Ill
11054 Sale
31
16M
62
Feb.
Sale
63M
62

Sale

A

Af

Sale

109M

107 %
58

Af S

m s

52 M

104

109

A
J

-----

5l54 Feb. 28 55
6 10454
10454 Feb.
102M
Feb. 21 102M
9954
13 108
10754 108M 10754 10854 107M Feb.
70
Feb. 23 80M
70
66
81
70
53

104 %
102 M

9

13 106M Feb. 24
10834 Feb. 26

Jan.

3
4

Feb.

8

Jan.

20

Jan.

5

Feb.
15 104 20 104M Feb.

21

10834 Feb. 29 10934
108
Jan. 26 10954
10754 Jan. 24 109
105M Feb. 13 107
107

Jan.

2

16 109

Jan.
Jan.
Jan.
Jan.
Jan.

8

2

12
5

11
5

22

n. y. stock;

Sales in

?!

February

BONDS

Value

N. Y. STOCK EXCHANGE

Price

$

Bid

77,000 Anaconda Cop Min s f deb 4 Ms-1950 A O
Anglo-Chilean Nitrate—
28,000
ASinldng fund income deb
1967 Jan
11,000 tAnn Arbor 1st g 4s
July 1995 Q J
11,000 Ark & Memp Bdge & Term 1st 5s '64 M S
281,000 Armour & Co 4s s f ser B (Del)-.1955 F A
163,000
1st M s f 4s ser C (Del)
1957 J J
Atchinson Topeka & Santa Fe—
339,000
Gen g 4s
1995 A O
13,000
Adjustment g4s_.__. July 1 1995 Nov
119,000
Stamped 4s
July 1 1995 MN
5,000
Conv g 4s of 1909
1955 J D
12,000
Conv g 4s of 1905—
D
1955
4,000
Conv g 4s of 1910-D
1960
234,000
Conv deb gold 43*s
D
1948
25,000
J
Rocky Mtn div 1st 4s A__
1965
32,000
Trans-Cont Short Line 1st 4s gl958 J
J
23,000
Cal-Ariz 1st & ref 4 Ms ser A..1962 M S
Atl Knox & No 1st g 5s
1946 J D
8",000 Atl & Char Air Line lst4Ms A—1944 J J
8.000
1st 30-year 5s ser B
J
1944 J
161,000 Atl Coast L 1st cons 4s
July 1952 M S
105,000
General unified 4 5*s series A— 1964 J D
39.000
10-year coll trust 5s—May 1 1945 MN
L & N coll at gold 4s
99,000
Oct., 1952 MJV
28,000 Atlantic & Danville 1st g 4s_ —.1948 J
J
Second 4s
26,000
1948 J
J
17,000 Atl Gulf & W I SS Line coll tr 5s. 1959 J
J
48,000 Atlantic Refining deb 3s
1953
47,000 t*AAuburn Auto conv deb 4MS-1939
12,000 Austin & N W 1st g 5s guar
1941
2,000 Baldwin Loco Works 5s stpd
1940

248,000 JBalt & Ohio 1st mtge g 4s_ July 1948
70,000
1st mtge g 5s
July 1948
145,000
Certificates of deposit-J_
ARef & gen 5s series A
251,000
1995
ACertificates of deposit
291,000
ARef & gen 6s series C
277,000
--.1995
ACertificates of deposit
192,000
ARef & gen 5s series D1
1217000
.2000
—

—

94,000

185,000
139,000
26,000
19,000
19,000
13,000

ACertificates of deposit—
ARef & gen 5s series F

M S

49 M

45

Sale

95

96

98

34 M

37 M
Sale
98 M
1005* Sale
99M Sale
106

102M Sale
100M
Sale

107 5* 108M
99

95M

99M

76
61

75
62
39

64 M
M Sale

32

Sale

J

29

Sale

r~£>

30

M Sale

30
28 M

Sale

MS

28 M
28 M

Sale
29

29

Sale

1996 M S

Sale

2.000 Battle Creek & Sturgis gu 3s
1989
Beech Creek Exten 1st g 3 Ms—-1951
57", 000 Bell Telephone of Pa 1st 5s B
1948
First & ref 5s series C
37,000
1960

35""

il5M
133

Belvidere Del cons gtd g 3Ms
1943
10.000 ABerlin City Electric deb 6Ms—1951
ADeb sinking fund 6 Ms
1,000
1959

Sale

102
13

13 H
13

ADebentures 6s
1955
Berlin Elec Elev <fc Undgrd Rys—
Alst 6Ms2,000
_■
1956
410.000 Bethlehem Steel 4Ms series D—1960

11,000

Cons mtge 3 Ms series E
3 Ms s f conv debs
i

8*
si*

13 M
107 M

"29"
22

Sale

M JV

38M

2,328,000
213.000
87.000
15,000

Certificates of deposit
1st 5s stamped

185,000
51,000
133,000

O

195°

gu g

tACent of.Ga Ry 1st
52,000
10,000

9.000

108

108 M
41
39M
38M Sale
9
5M
4M
6M
62
69540 M
42
53 M
51M
103 h Sale
83 M
85
103 M Sale

M S
J

J

113M

J

J
J

194s J
F

g 5s._Nov 1945
AConsol gold 5s
-.1945
ARef & gen 53*s series B
1959
ARef & gen 5s series C
1959
AChat Div. pur money g 4s._.1951
AMacon & Nor Div 1st g 5s—.1946
AMiddle Ga & Atl Div pur m 5s '47

AMobile Div 1st g 5s
Central

gen g

5s.

For footnotes see page 30.




20

41

Feb.

7

25 M
27 M

Sale

25 M
25 M

Sale

Sale

14

Sale

Sale

13

14

55

Sale

57

Sale

54

Sale

48 M
48 M

53

Sale

46 M

99 M 100
65 J*
67 Vs
45
38

D
A

1987

1987
1962

Sale

57

14 M

8M
73
69
109 3*
87 M

22

Sale

Sale

Sale

Sale
Sale
Sale

45

Sale

Sale

Jan.

26M Jan.
26M Jan.

22

32

29

24

Jan.

30

31M Feb.
29 M Feb.

24

Feb.

Jan.

30

24M Jan.
24M Jan.

30

29M Feb.
29 M Feb.

29

29M Feb.

25M
28 H
25M
25M

Feb.
Feb.
Feb.
Feb.

29

26 H Feb.

28

28

28 % Feb.

28

28

25 M Feb.
26
Feb.

28

26

18M Jan.

4

26

18

3

24

24

61M Jan.

5

Feb.

28

58 M Feb.
57 M Feb.

Jan.

3

45 M Feb.
45
Feb.

1

54

29

Jan.

29

Feb.

28

59

43 M Jan.

19

41M Jan.

19

9
49M Feb.
48M Feb. 29

Feb.

1

54

2

49 M Feb.
48 M Feb.

29

56 M

53

Feb.

1

Feb.

23

26

99

H Feb.

2

55

59 H
59 H

96M Feb.
59 M Feb.

20

64 M Feb.
66 M Feb.

7

7

60

45

Feb.

7

45

20 117M Feb.
1 133 M Feb.

9
23

115M Jan.
131M Feb.

Feb.

29

17

15% Feb.
15% Feb.

15
29

15M Jan.
14M Jan.
15

16

Feb.

26

Feb.

7

53

58

Jan.

2

96M Feb. 26 101
59 H Feb. 20
70

Jan.

16

Jan.

2

13

Feb.
Feb.

26

72

Jan.

7

45

Feb.

14 M

22

159*

Sale

14 H
106% Sale
105 M
108

Sale

100 H

Sale

Sale

89

75

Sale

10
Sale

75 M

109 M
101 M

Sale

Sale

Feb.

7

117M Feb.
133M Jan.

9

Feb.

9

Feb.
15M Feb.

15

Feb.

27

15

16

19

Feb.

29

15 M Feb. 10
15M
106% Feb. 28 107
105
Feb. 26 105 M
1 109 %
106 M Feb.
100M Feb. 26 101 %
109 M Feb. 23 109 M
44 M Feb.
8
46
8
44 M Feb.
46 M
44 M Feb. 28
46 *
9

Feb.

73
69

Feb.
Feb.

109

Feb.

87 H Feb.

19
1

9M
90

Feb.

10

Feb.

6

Feb.

2

Feb.

21

Feb.

14

Feb.

23

Feb.

1

Feb.

1

Feb.

3

Feb.

7
17

Feb.

1
75 M Feb.
2 110
Feb.
2 101M Feb.
1
90
Feb.

Jan.

4

16

155* Feb. 15
155* Feb. 29

Feb. 10
J5M Feb. 10
Feb. 28 108 M Jan. 10
2 105M Jan.
Jan.
11
Jan. 23 1095* Feb. 21
2 101H Feb. 14
Jan.
Feb. 23 109M Feb. 23
Jan.
4
Jan. 15 48
Jan.
4
Jan. 16 48
Jan.
4
Jan. 15 47
9
Jan. 15
4
93* Jan.
5
Feb. 17
90
66M Jan.

15M
106%
104 M
104%
100M
109M
41M
41M
40M

17

62

7
28

109

Jan.
Feb.

83M Jan.

3

75M Feb.

2 110

Feb.

30 101M Feb.
30
90
Feb.

17
7
28

Sale

45

Feb.

1

84

Feb.

29

39M Jan.

5

84

Feb.

29

45 M
Sale

42 M Feb.
54 M Feb.

3

46

Feb.

20

38

Jan.

2

46

Feb.

20

85

Feb.

19

46

Jan.

5

85

Feb.

99 h

Sale

50 M Feb.
Feb.

21

44M Feb.
88M Jan.

14

Sale

44M Feb.
89M Feb.

16

89 M
89

Sale

"50"

1125* Sale
112M 113

86
112

85M Feb.

88 H
89
112 H 112

Feb.
Feb.

14

14
1

100

1
92
27 113

16

14

87

Feb.

1

112

108

37 M
37

5M
5M
68 M
40
52

Sale

38 M
37 M

7
6

5M

Sale

Sale
7

5M

37 M Feb.
37
Feb.

68 M
44 H

40M

Sale

5M Feb.
68M Feb.
40M Feb.

58

58

Sale

53

Sale

102

Sale

99 M

Sale

1015*

Sale

Sale

68

103
81 %
98 M
100

Sale

Sale

Sale

15

39M Feb.
13

83 %
Sale

86 M

85

Jan.

98

Feb.

8

Feb.

16 103

M Jan.

100

Feb.

5

100

Feb.

7

101M Feb.

19 1063* Jan.
23 107 M Jan.

6

101

7
7

99M
97 M
97M
110M
60 M
80M

Sale

96

Sale

Sale

16M
27 M

Sale

11K

7 M

6M

Sale

2 M
2 M

3

8

2H
10

5

7

5

8

5

8

7M
6M

4M

7

4 M

7

6M

4M

6M

95
76 M

98
79

97M Feb. 27 101 M
97M Feb. 20 ioom
1 113
110-M Feb.
1
63 M Feb.
66 M
83 M Feb.
3
87
101
Feb. 27 105 Vh
81 M Feb. 23
84 Vs
1
73M Feb.
77 M

1

Feb.

19 107

Feb.

9

Feb.

13

Feb.

27

Feb.

5

Feb.

13

Feb.

14

Feb.

23

108

Feb.

9

9

17

22

Jan.

Feb. 23 105M Jan.
Feb. 27 1033* Jan.
Feb. 20 103
Jan.
Jan. 19 113M Jan.
8
Jan.
66 M Feb.
3
Jan.
87
Feb.
101
Feb. 27 108M Jan.
8
79H Jan.
84 H Feb.
70
Jan.
3
77 M Feb.

Feb.

108M Feb.

Jan.

Feb.

97M Feb.

13

94M Jan.

24 109M Jan.
29
97M Feb.

86M Feb.
16 M Feb.

89H Feb.
17 M Feb.

14
20

86 M Feb.

26

8M
30M
6M
25*
2M

10

96

109

13
27
11
13
14

23

95

98

70

75

6M Feb.
2% Feb.
2M Feb.

19

6M Feb.

5

16

3

Feb.

8

14

2M Feb.

9

Feb.

16

8

Feb.

16

8

13

76

9

11

20
9
2

18

3M Jan.
3M Jan.

4

6M Jan.

11

Feb.

16

5

Jan.

5

Jan.

5

95

Jan.

3

Jan.

11

95 M Jan.
77
Feb.

13

76

Feb.

77

Feb.

2

107

Feb.

5

111

Feb.

16

110

47M Feb.

9

44

ISM Feb.

9

16

Feb.

1

108M Feb.

1

106 M

Jan.
Jan.
Feb.
Feb.
Jan.

90 M Jan.
17 5* Feb.
30 M Jan.
73* Jan.

107 M 106M Feb.
111
110M Feb.
110M
"46 M 44M Feb.
44
41M "46 M
18 H Sale
17 M Sale
16M Feb.
Sale
16
15
13 M
15
Feb.
108 H Sale
106 H 107 Vs 106M Feb.

108

Feb. 28

12

50

3 M

106

3
12

Sale

16 100M Feb.
19 102 M Feb.
23 105
Feb.
19 104 H Feb.

3
31

Sale

Sale

2

10

Jan.

2

5M

14

3
23
21
26

Jan.

■

1 103 M Feb.
M Feb.
Feb.
80M Feb. 28 84

2

19
16

21

6M Jan.
69 H Jan.

Feb. 14
44
Jan.
3
Jan.
Jan. 22
60
Feb.
Jan. 29 104J* Jan.

14
29

Feb.

16

48 Vs

"86 M

22 M

10

7

5

68M
40M
515*
102M
80M
98

108M 109

33

2M

40

5

14

Sale

96

23

Jan.

17

Sale

89

35M Jan.
5M Jan.

16

75 M

96 M

24

Feb.

Sale

110

10 1083* Jan.
41
Jan.

Jan.

60

Sale

42

973* Feb.

3 106M Feb.
M Jan.

23 112

68 M Feb.
Feb.

70 M

102 M
82

50

20

Feb.

5

2%
2%

JVs

Jan.

25 114

13

~6M
8

13
92
Feb.
Feb. 27 113 3* Jan.

109 M Feb.
36

39M Feb.

Feb.

Jan.

111M Jan.
93M Jan.
105

50 H Feb.

15 100

Feb.

110M Sale
65 M Sale

52 M

87"

Jan.

108M Jan.
Sale

102 M
84

108 H
95 M

82

Feb.

113 M 113M
96 H Sale
106 M Sale

8 114
112M Feb.
Feb. 23
Sale
94
5
93H Feb.
97 Vh Feb. 21
Sale
106
1 106M Feb. 26
105M Feb.
110M 112 M 109 H 109 M 109M Feb. 23 110M Feb.
7

43

Sale

29M Feb.
29M Feb.

Sale

82 H
74 M

Sale

30

87 M
84

60

Sale

30

Jan.

21

27
3

44 M
85

713*

16

70

24M Jan.
24

Feb.
Feb.

% Jan.
70'M Jan.
70 M Jan.

4

Feb.

Sale

18M

16

56 M

4M
4M

109 M

24

Jan.'

9
24

14

98 M
98

Sale

Jan.

66

87

Feb.

13 M Feb.
54
Feb.

Sale

Sale

13

67

12

7

Jan.
Jan.

28 101

97

J

46 M

64M Jan.

Jan.

4

Feb.

9

82

3

Feb. 20

41

100 M Feb.

55

J

110

3
64M Jan.
Feb. 28

38

4

Jan.
Jan.

1

101M Feb.

93
100
76 M 100
109

76
70

9

101
Feb.
99M Feb. 23 102 M Feb.

108

62

28

Feb.

Sale

7

28

5
15

Feb.

Sale

10M

53 M Feb.
71
Feb.

25

16

Sale

33
Sale

Jan.

Jan.
95
Jan.
96 M Jan.
77
Jan.

8

43

73

8M
30M

74

16
17

15 H Feb.

99 M

11*

25 114

IW*
26

101M
101M

Sale

Jan.

93 M Feb.
94M Feb.

96

109

86

105

92

Feb. 23 100 M Feb.
5
109M Jan.
2 110M Feb. 21
107
Jan. 16 108 M Feb.
3

26

55
60
50
35
45
84 Vs
83 H
70
116M 116 M 116
116M 117
133 M 133 M 131M
131M Sale
105 M
105 M
Sale
16
145* "29"
15M

Sale

88"

10

100

21

28

19

29

26

Sale

108M 109

Feb.

Feb.

14

Sale

Sale

93 M Feb.
95M Jan.

2 103 5*

20
15
23

13 H Feb.
54
Feb.

104

Sale

2

4

88 M Feb.
92
Jan.

28
29

103

Sale

11

Jan.

101M Jan.

Jan.
87 M Feb.

Feb.

103 M

Sale

2

27
28

28

101H
99 M
99 M
110M
63 M

3M Sale
3M Sale
9
55*

J

M

28

25M Feb. 28
25M Feb. 29

28 107
20

32
Jan.
2
34M
69 M Feb. 17
71M
105M Feb. 29 107 M
43M Jan. 23 54 M

26 H Feb.
28 H Feb.

Sale

MiV
O

Sale

29

Sale

A
A

29 M

25 M Feb.
28 M Feb.

3

15
30
30

70

Sale

79 M

1946 J

AGeneral 4s__
14,060
20.000 Central N Y Power 3 Ms

Feb.

28

45 M
44 M

80 M

12*
26

Central mtge 5s_..
4,000
1941 M
14,000 Cent Hudson G & E 1st & ref 3 M '65 M S
20,000 Central Illinois Light 3 Ms
1966 A O
47,006 t ACentral New Eng 1st guar 4s.. 1961

103,060 jACentral of N J

70

Feb.

5

Jan.
Jan.
2 101M Jan.

'

107 M

J

Foundry 1st mtge 6s.-.1941 M
-

61

D
J

4s_.1949

90
Sale

Sale

103 M
103

12.000 Caro Clinch & Ohio 6s ser A
D
1952
57,000 Carriers & Gen Corp deb 5s w w_1950 MN
Carthage & Adir 1st gu g 4s
1981 J D
58,000 Celotex Corp deb 4 Ms w w
1947 F A

4,000 ACent Br Un Pac 1st g 4s

2

38

52

Sale

Sale

107 M
105 M

M S

47 M

Sale

1970

J

40 M

95 M

June 15 1955

—

Sale

112M

Guaranteed g 5s

t ACarolina Central 1st

66 % Feb.

Sale

3

34 M
35 M
33
32 M Feb.
5
9
34M Feb.
68 M
71
70M 69M Feb. 17 70 M Feb. 27
Sale
105M Sale
105M Feb. 29 106 M Feb. 15

Sale

105 M

Guaranteed g 5s
Guar gold 4 Ms

-

65
64

112M Sale

106 M
107 M

Guaranteed gold 4Ms—
1956
Guaranteed gold 4Ms
1951
118,000 Canadian Northern guar 6 Ms
1946
296.000 Canadian Pac 4% deb stock....
Collateral trust gold 4 Ms
62,000
1946
5s equip trust ctfs
121.060
1944
Collateral trust g 5s
114.000
1954
Collateral trust 4Ms120,000
I960

28.000

86 H
113M

_Julv 1969
--..Oct 1969

188.000
298.000

Sale

9M

89

1955
68,000 Bush Term Bldgs 1st 5s gu___--1960
133.000 Calif-Oregon Power 4s.
1966
14.000 Canada Sou con gu 5s ser A
1962
206.000 Canadian Nat gold 4 Ms
1957
Gu iranteed gold 5s

69 M
39

93*

A

5.000

196.000

3

Sale

1950 F

1st 5s. .1934 A

ACertificates of deposit
8.000 Bush Terminal Co 1st 4s.
18.000
Consolidated 5s

Feb.

45 H
44 M

43 5*
40

ACertificates of deposit

*t ABurl Ced Rap & Nor

75

46 M

J

32.000 Buffalo Gen Elec 4Ms ser B-...1981 F A
Buffalo Niagara Elec 3'Ms ser C.1967 J D
93,000 t ABuff Roch & Pitts cons 4Ms. -1957 MN
~

28

Sale

1941 J

74,000 Brooklyn Union Gas Co 1st g 5s 1945 MN
1st lien & ref 6s series A
38,000
1947 MN
Debentures gold 5s
193,000
1950 J D
1st lien & ref. 5s series B
122,000
1957 MN

123,000

28

Feb.

46 M
45 M

38

Certificates of deposit
3,000
470.000 Brooklyn Union El 1st 5s
106,000
Certificates of deposit--

53 M Feb.

71

Sale

59

3

Sale

Sale
10

21

Feb.

Sale

Sale

62

Fen.

54

45 M

J

5

71

Sale

A

Feb.

Sale

46

F

29

23

Sale

J

Feb.

114

44 M
45 M

435*
8M

95

Jan.
Jan.

Jan.. 23

91M Jan.

76 M Feb.
57 M Feb.

57 M

92

19
21

33

57

99M Jan.

Feb.

Sale

15 h
153*

Feb.
6
40
Feb.
1
50
Jan. 30
98M
Jan.
9 101M

Feb.

29

Sale

O

.

92M Feb. 27 93 M
95 M Feb. 21
95 M
7 103 H
102M Feb.
100
Feb. 23 100M
109M Feb. 13 110M
7 108 M
107 % Feb.

15
1

Feb.

Sale

A

1

88 M Feb.
92
Feb.

75

101M

§53*
84

97 M
97

29

Sale

109

MN

2.242,000

85M Jan.
85M Jan.

Feb.

86 M Feb.
92
Feb.

75

109

Sale

20

86

Sale

77 M
Sale

1959

109 M

103 M Feb.

5

1944

MN

9

6

Sale

67.000

28 106 M Feb.
28
87 M Feb.

Feb.

Sale

Ms series JJ
1961
t ABoston & NY Air Line 1st gu 4s '55
Brooklyn City RR 1st 5s
.1941
Certificates of deposit
Bklyn Edison cons mtge 3 Ms
1966
Bklyn Manhattan Transit 4Ms. 1966
Certificates of deposit
Bklyn Queens Co & Sub gtd 5s_.1941

103M Feb.

95

106 %

1st g 4

Sale

16

105 M
106 M

Boston & Maine 1st 5s ser AC..1967 M S
1st mortgage 5s series II
1955 MN

1
6

94M

14 5*

110M

27 101M Feb.
28 101M Feb.

100

Sale

100M Feb.
100M Feb.

Feb.

Sale

1952

Cons mtge 3 Ms ser F
Big Sandy Ry 1st mtge 4s

98

95

104M Sale
107 M Sale
100 M Sale

1966

45

8

.14 M

239,000
637,000
470,000
2,000
360,000
198,000
177,000
16,000
131,000
197.000

34

9
2

93 M Feb.
94 M Feb.

D

11*
11*

28

Feb.

46 M
52 M
2
51
47
Feb.
Feb.
§2™ Feb.
80 M
89
85 M
85 H Feb. 20
86
87
100 ys 102
1002S32l02
100M Feb. 28 100M Feb.
Sale
66
65 M Feb. 28
66M Sale
67 % Feb.
67 M
Sale
68
68
68 Vs Feb.
67M Feb. 27
1
70
67
66M Sale
66M Feb.
68 H Feb.
25
Sale
1
24 M Feb.
29 M Feb.
25
Sale
1
29 M Feb.
24% Feb.
1
27 M Sale
27 M Feb.
Feb.
32
27 M Feb.
27M-SaLe_.
31M Feb.
24 M
2
29 M Feb.
26
25M Feb.
25
Sale
1
25
Feb.
29 M Feb.
1
25
Sale
25
Feb.
29 M Feb.
25
Sale
25
Feb.
29 M Feb.

29 M

AConvertible 4Ms—
304,000
18
1960 F A
Sale
ACertificates of deposit-.
392,000
Sale
PLE&W Va Sys ref 4s
37,000
1941 M N
Sale
14,000
Certificates of deposit
58
So'western Div 1st mtge 5s
71.000
1950
Sale
Certificates of deposit
140,000
44
Sale
Toledo Cinn Div ref 4s A
45,000
1959
58
Sale
17,000 Bangor & Aroostook RR 1st g 5s 1943
100 m 101
Con ref mtge gold 4s
23,000
1951
Sale
70
4s stamped11,000
1951

Feb.
Feb.

94 5*
Sale

66 M

Sale Prices
17 107M Feb. 23

106M Jan.

46
2

40

68 M

1015*
68 M Sale
Sale

95

106 M
45

47 M
86

Feb.

Sale Prices

1I4"

66 M

Sale

43

liH

Feb.

98

1

Highest

36

87

86 5*
92 M

93 M

57
74

Sale

70

Ref & gen 5s series F_

Sale

"75"

Sale

70
28 M

D
1995
2000 M S

92

93

Sale

A O

1995

Sale

104

114

65
71M
105M 106
80

Ref & gen 5s series A_^.
Ref & gen 6s series O
Ref & gen 5s series D

86M

Sale Price

107M Feb. 23

Feb.

34
45

Lowest

98

47
98
Sale

96
96
103 Vs Sale
1025* Sale
100M 100M 99 M 100 M
109 % 109 M Sale
107 5*
107 3* 108

100

101

1996 MS

Sale

95 M

J

ACertificates of deposit
Stamped modified—

105 M

92

95 M

37

M

97 M

85

Sale

92

36
44

iuu M
100
Sale
°4
100M 101M 100 M

95

109 M

Bid^^Ask
Sale Prices
Sale
106 M Feb.

101 5*

Sale

Highest

107 M

35M

85M
85 M Sale
97 M
92 % Sale

MN

-

Ask
Sale

J

D

Bid

5* Sale

RANGE SINCE JAN.

Lowest

'eb. 29

1

107

J

O

Feb.

Ask

106

J

A

ICES IN FEBRUARY

Jan. 2,
1940

ffi

£a.

~

exchange-bonds

106M Feb.
Jan.
Jan.

16 M

Feb.

15

Jan.

106 M Feb.

19

16

10 109

5

2

Jan.

5

Feb.
Jan.

16

2

14

23

48

14

20M Jan.

4

15

18

Jan.

3

23 110

Jan.

5

4

n. t. stock

Marce^ 1940]
Sales in

Value

Jan. 2,

1940

15,000
6,000

1949
1954

Cent Pac 1st ref guar g 4s

Through St L 1st gu g 4s

Guaranteed 5s
1960
Central BE & Bkg of Ga 5s
1942
Oentrai Steel 1st sink fund 8s—1941
Certain-teed Prod s f g 5Ms A.-1948

Champion Paper & Fibre—
S f deb 4ks (1935 issue)
1950
S f deb 4Ms (1938 issue)-----1950
Chesapeake & Ohio By—
General gold 4Ms
—--^92
Bef & impt mtge 3Ms ser D--1996
Bef & impt mtge 3 Ms ser E..1996
Bef & impt M 3Ms ser F
1963
Craig Valley 1st mtge g 5s
1940
Potts Creek Br 1st 4s
1946
B & A Div 1st con g 4s
1989
2d con gold 4s
-—-1989
Warm Springs Valley 1st g 5s_1941
AChic & Alt EE ref g 3s
1949
Chic Burl & Q 111 Div 3Ms
1949

F

A1

A

O

F

A

Feb. 1

Ask

Bid

$

151,000
3,000
201,000
1,000
3,000
175,000

71M Sale
67

.....

154,000

137,000
7,000
1,000
5,000

155,000
198,000
29L000

1357000

General 4s

75,000
175,000

1st & ref 4 Ms series
1st & ref 5s series A

Ask Bid
68
66 M Sale
60
63

235",600

*t AChic & E 111 1st cons g
t AChic & E IU By g 5s.

M S

49 k
59 M

F

99k

118

103 H
103
16

106

106 k
103

113k

Sale

14 k

Sale

15

Sale

14 k Feb.

2

95
99 M

Sale

92 M

Sale

92 k Feb.

28

15 k Feb.
95m Feb.

16
7

Sale

28 100
27
90

5

Sale

Feb.
Feb.
Feb.
Feb.

Feb.

89 k
80

97k
87k
77M
83 M

Feb.

1

27

81

Feb.

6

29

87k Feb.

6

16

Feb.

23

18

9

15k Feb.
a85M Feb.

16

17m Feb.

1971

A

6s—1934
1951

A

O

13,000
412,000
1,000
282,000
137,000
220,000
27,000
105,000

1357666
1,000
16,000
1,000

\lh
12
6k

607666

1,000

12,000
91,000
199,000
77,000

257666

St Louis Div 1st coll trust g

63,000
1,299,000

~1,666

1st mtge 3 Ms series
Conv deb 3 Ms

I

D
D

91,000
2,000
262,000
14,000
16,000

A

s

f 5s

Consumers Power Co

36.000

5,000
73,000
153,000

mtge 3Ms—

1st mttre 3 ks

For footnotes, see page 30.




Sale

Sale

54M
14 M

13k
Ilk
5M

17 M

6M
6

6M
5k
2M

AfN
J
J

D
D

_

14

15

8M
16 M
9

8k
8k
3k

14

17 k
Sale

17

Feb.

18
16
-----

63M

14
12 M
8
8
57

13 M
11
5k
5k

5k

Sale
17k
Sale
Sale

46M
15k
13 M
5k
5k

62

Sale

51

54

51

J

M 5

101M 105 M

53k

106 k Sale
107 k
106
106 M 106 k
107 k Sale
107 M
105 M 106
106 k

90

Sale

90

89 H
49 H
12 M

Sale

90

Sale

91k

16

27m Feb.

9

Feb. 29
1
Feb.
5
Feb.
1
Feb.

Feb.

9

47k Feb.

26

Feb.

21

12k Feb.
6 k Feb.

5
17

Feb.

19

16

Feb.

7

6

6k Feb.
5k Feb.
Ik Feb.

7

7 k Feb. 15
6 k Feb. 21
5
2k Feb.

52

47M Feb.

13

63 k
54

62

Sale

5
2

80 k
67

48

Feb.

5

D
D

J
J

64M
_•

_

53

47

65M

J

J

"95 M 166""
109 H
107 M
105 H

Sale

62

100 k
95 M

106 k' 108

75

52

50 k
46 k

64 k

63
99

106 k
105

105 k
106 k 106 k
109

102 k
104 M

102 k
104

M

80

"84 k

80

89 k
81V

Sale

89 k
80

73
105

Sale

74k

105 k
70

AfN
A

O

J

J

A

O

F

A

MJV

33 k
104 M
104 k
103 k
110

Sale

109
114
106

Feb.
Jan.
Jan.

15 109
Feb. 15
13 117k Feb. 15
22 106
Jan. 22

14

Jan.

92k
97k
87k
77 k
83k
118m

Feb.
Feb.
Feb.
Feb.
Feb.
Jan.
16
Feb.
15k Feb.
Jan.

23k Jan.
Jan.
Jan.
Jan.
Jan.

5
28

16k Jan.
97 k Jan.

28 102 k Jan.
27
92 k Jan.
Jan.
27

16

19
6
18
15
11

15
12

57

Feb.

17

P

Jan.

3
11
24

Jan.

25

11*Feb.
13

Feb.

1

24

60

Feb.

7

105k Feb.

"92k

90

Feb.

94 k

91

Feb.

6
108k Feb.
2 106k Feb. 23
1

51k Feb.

13 k
12k Feb.
Sale
108k Feb.

109k Feb.

12

Jan.

24

TanTir
3
27
11
11

Jan.

11

Jan.

16

23 k Feb.

26

26 k Jan.
26 k Jan.

6k Feb. 27
lk Feb. 26

7k Jan.
2k Jan.

2

Feb.

23

Feb.

29

3

Jan.

23

12k Jan.

23

14

Jan.

10

15k Feb. 27

13k
13k
13k
15k

2
Feb.
Jan. 18
Jan. 26
Jan. 19

16k Feb. 14
9
17 m Feb.
Feb. 26
16
9
18k Feb.
10m Feb. 10

12

8

Jan.

15

\rA

8k Jan. 15
8k Jan. 13
2k Feb. 27

10M Feb.
10k Feb.
Jan.

3

46k Feb. 29
13k Jan. 13
5
12k Feb.

27

21

4

5

Jan.

17

Jan.
49
Feb.
16
12 k Feb.
Feb.

4k
5k
5k
lk

Jan.
Jan.
Feb.
Feb.

15

Feb.

75

Jan.

24

67

Jan.

4

67

Jan.

47k Feb. 13
61 k Jan. 10

48

17

5
2

Feb.

Z8 Feb.
Jan.
7 lHJan.

106

106k Jan.
104k Jan.

21
5
17
15

21
2
24
4

Feb.

5

63 k Feb.

26

53 m Jan.

5

8

Jan.
31 107
26 108 k Feb.

2

6 106k Feb.
Jan.
94

23
10

93

Feb.

19

90

5

94

Feb.

21

1

57

Feb.

21

12 k Feb.
27
28 108k Feb.
5 110 k Feb.

27
9

2
89k Jan.
2
49k Jan.
12k Feb. 27

Jan.

10
10

Feb.

1

7

26

23 k Feb.
26k Jan.

24 107

24 107

Jan.

8k Feb. 26
8M Feb. 26

it2m Feb. 27 ti4
26
2
23m Feb.
24k Jan.

Jan.

8

27 k Jan.

88

Jan.
Jan.

Feb.
106 k 106
108
107k Feb.

6
4

5

106

8

4

12
8

16

Jan.

24

2

8 118m Jan.
Jan.

90

23

6

21

2

Jan.

29

15

Feb.

79 k
Sale

50k Feb. 24

53

Feb.

2

94
57

6

Jan.

11
Feb. 21

12k Feb. 27
108
Jan. 26 109 k Jan. 11
5 110k Feb.
7
109k Feb.

64

26

77

Jan.

22

49k Jan.

16

Feb.

16

28
13

100k Jan.

2 109k Feb.

24

108 k Feb.

50

2 110m Feb.
5
4 HIM Feb. 23
Feb.
2
2
75

Jan.
Feb.
Jan.

109
75

64 k Feb.

16
21

50

8

108k Jan.

13 100k Feb.

Feb.

63
Feb.
64 k
100
100k Feb.

49

109 k 108k

46

Jan.

62

Jan.

66 k Jan.
79 k Jan.
54 k Jan.

5
24

3

17
51k Jan.
Jan.
13
67
29 100 k Jan.

29

Feb.

110k Jan.
108k Jan.

4
29

106k Jan.
106 k

109m Feb. 24 109k Feb.

4

4

24

5
106k Jan. 29 106k Jan.
109k Feb. 24 109m Feb. 24

102 k
104 k

81k

Sale

78

Sale

Sale
70 k
73
106 k
106 k
105k 106"" 105

Sale

72

73

28

Sale

Sale

Sale

103 k

Sale

104

105

104

Sale

Sale'

104 k

Sale

104 k
113

Sale

111

112k
109 M

108 k

Sale

109 k

Sale

128 k
80

Sale

110 k
127 k

Sale
Sale

92

85

108k

89
-----

Sale
Sale
Sale
106 k Sale
108 k Sale
14

2

Feb.

28

Feb. 26
70k Feb. 28

105

109 k
126 k
85

Sale

108k
cl09k
108k
106 k

Sale

107

107

106

117k
Sale

108 k
107 k
107 k
106 k

108

Sale

108 k

108 k 108

105 k
11

Sale
16

*11
17

11

61k

56 k

16

11

.Tan.

87

Feb. 28

76k Feb. 26
70k Feb. 28

Feb.

2

Feb.
Feb.
Feb.

19

83k
90m
82k
74k

Jan.
Jan.
Jan.
Jan.

13
11
3
19

1

3 106k
Feb.
8
68
Jan.
73 k
8
34m
27k Feb.
103k Feb. 29 105k

Feb.

7

104

Feb.

28

Feb.

3

108k Feb. 27 109k Jan.

3

27 110k Feb.
29 129k Feb.

1

109k Feb. 27 111

Jan.
Jan.

22
3

1

17

Feb. 20 108k Feb. 20
Feb. 10 109k Feb. 27
2 109
Feb.
8
Feb.
2 107 k Feb. 26
Feb.
2 107 k Feb.
5
Feb.
1
Feb. 23 106k Feb.
1 109k Feb. 16
Feb.

105

Feb.

103 k Jan.

125

Jan.

Jan. 22
Feb. 19
Jan.
4
Jan. 12

9 105
Jan.
2 104k Feb.

15 130

15

28

Feb. 20 109k Feb. 27
3
Feb. 10 109k Feb.
2 109k Jan.
Feb.
2 107k Jan.
Jan.
Jan. 15 107k Jan.
106
Jan. 23 107k Jan.
107k Jan. 17 109k Jan.

108k
109k
108k
106k
106k

Jan.

5

15

Jan.

30

16 105k Jan.
16
Feb.

9

15 k Feb.

23

15

Jan.

31

15k Feb. 23

16
57

Feb.

10

Feb.

9

15k Feb. 23
55k Feb. 29

Feb.
107 k Feb. 21 109
109
Feb. 14 109k Feb.

1

Feb.

104k Feb.

Feb.

16

1 105k Feb.
16
Feb.

13

16

Feb.

8

15k Feb.

26

15 k Feb.
55k Feb.

23

15

14

14

Jan.

104k Jan.

5

14

5

11

11

11

58 k

Sale

26

80

9

14

13k

13k
.11

3 106

Feb. 27 109

109 k 109 k Feb.
Sale
126 k Feb.
89

Feb.

89k Feb.
80k Feb.
73 k Feb.

73 k
Feb. 28
8
30k
27m Feb.
103 k Feb. 29 104k
9 105
104
Feb.
2 104k
104
Feb.

Sale
Sale

105

Feb.

80

72

107 k
106 M

17

11

Feb.

87
76 k

108 k 109
106 k Sale

Sale

11

80

112
108 k 108 k 108k

109

109

109 k
106 k
106 k

11

Sale

75

71

109

11

79 k

87

Sale

Sale

111k

105 k

78

Sale

30 k
104 k

Sale

108 k
109

1956
-i960

13
3

109""

A

AfN

5

99k Jan.

15 107 k Jan.
2 101k Jan.

19

166""

108 k 108 k 109
108 M
108 k
105 k

MJV
F

Sale

51M
Sale

66

MS

28 125k Feb.
25
99 k Jan.
24

Feb.

103

79 k

85
Sale

Feb.
Jan.
Jan.
Jan.
Jan.

Jan.

5
110k 110k 108 M 109 k 109k Feb. 23 110k Feb.
1 111k Feb. 23
111
111k 110k Feb.
110k Sale
2
2
75
Feb.
65 M
75
Feb.
68
75
1
65
Feb. 27
64 « Sale
64 k "65 k
64k Feb.

J

122k
98m
98k
103k
101k

50

108 k Sale
108 M 109
60
75

A

10 104

9

AfN
F

21

Jan.

52 k Feb.

103

108k 109

6 106m Feb.

4

103

16

103 M

A

15

50k Feb.

1 107

Sale

62m Jan.
1121» Jan.
82
Feb.

26

106k Feb.

Jan.
Jan.

5
25
3
18

54

63 k Feb.

109 M

F

13

63

1

D
MJV

J

Sale

73 k Jan.

Feb.

93 k
91k
56 M
51k Sale
13 k
12M
12M
108 k Sale
108 k
109 M 111k 110M

A

AfN

104k Jan.

16k
12k
12k
6k

Feb.

13

8k Feb. 26
8m Feb. 26
57
Feb.
57m Feb. 17
l12akajeebu
h-2k~Fetrr?7
23k Feb.
25k Feb. 28
21
Feb.
23 k Feb. 27
24M Feb. 26 25k Feb.
9
7
24k Feb.
25k Feb. 27
25
Feb.
2
23 M Feb. 26
1
6 k Feb. 27
6k Feb.
1 k Feb.
5
1M Feb. 26
14 k Feb. 23
12 k Feb.
1
16
Feb. 29
2
12 k Feb.
1
15 k Feb. 27
13
Feb.
2
16 k Feb. 14
13 k Feb.
9
14 k Feb.
3
17k Feb.
16
Feb. 26
6
13 k Feb.
9
18 k Feb.
2
16 k Feb.
"
1
9
Feb.
10k Feb. 10
5
8 k Feb.
10k Feb. 10
2
10k Feb. 10
8k Feb.
2 k Feb. 27
3k Feb.
46k
13 M
12k
5k

Sale Prices

26

58
Jan.
lloki Jan.
75
Jan.

86

14

Feb.

Jan.
Jan.

48k Feb.

17
9
9
26

17

12M Feb. 14
12M Feb. 29
2
6 k Feb.
.7
Feb.

Feb.

5

Sale

60
48
61

9 a87

Feb.

Sale

Sale

74

J

16k
15
Sale

7

81

J

Sale

5M
lk

67

J

60

7

7lH

106 M 106 M
106 M Sale
107M Sale

8k

6
2

60

51

Sale

11.2k
2? "Sale
Sale
22 M
25k
24 M Sale
25 M
22
26
25
20
35
25
6 k Sale
Sale
lk Sale
Sale
14 k Sale
Sale
Sale
15 k Sale
18k
15k
16k
15
14k
16k
Sale
17
15..
14M
15M
16 M Sale
Sale
Sale
9 k Sale
9M
9%
10k
9 k Sale
9
3 k Sale
Sale

67
62
52

Sale

114

51

54 M

M S
O

Feb.

80

O

J

26

70

43

17
94
Sale

60

D

A

J

lk
12 k
13

7M

Sale
Sale

it*

Sale

66
63

17 k
57 k

11

55 k

18 k

Sale

29

16

Feb.

10

60

Jan.

4

—

1st lien & unif mtge 3 Ms
1st mtge 3 Ms——
1st

15

9K
3k

24 M
6k

Sale
Sale

17 k
9k
a
VA
9k Sale

M S

1968
1958

ADebenture 4s

14M
18 M

5

J&J 1955
A&O 1955

ADebenture 4s

v.ooo

27,000 Consolidation Coal

13 M

13
16

O

3Ms debentures
1948
3 Ms debentures
1956
3 Ms debentures
1958
AConsol Hydro-Elec Wks of Upper
Wuerttemberg 1st 7s—:
1956
Consolidated Oil conv deb 3Ms_1951
t AConsolidated By deb 4s
.1954

"

Sale

45 k

Conn & Passum Bivs 1st g 4s—1943
Conn By & Lt 1st g 4Ms—-—1951

ADebentures 4s

2

it*

M1V

Stamped guar 4Ms
1951
7,000
48,000 Conn Elver Power s f 3Ms A—-1961
120,000 Consol Edison (N Y) deb 3MS--1946
205,000
107.000

24 M
24 M

14M

4S-1990 MJV

a5s income mtge
--1970
5,000
283,000 Colorado & Southern 4 Ms ser A-1980
235,000 Columbia Gas & Elec deb 5s----1952
Debenture 5s
--Apr 15 1952
31,000
Debenture 5sJan 15 1961
266,000
Columbia & Hock Val 1st ext g 4s 48
Columbus & Toledo 1st ext 4s—1955
43,000 Columbus By Pow & Lt 4s——1965
Commonwealth Edison Co—

21

15
15

112M 119

23~M' "Saler

23

7M

Sale

Feb.

15 117k Feb.

85 k

Sale

Sale

Sale

84

15 109

26 M

7

112 k

Sale

78M

Feb.
Feb.

94

Sale
67

.....

88

109

117

Sale

Sale

26k
25 k
27 M

MN

Sale

7

24 M
24 M

MIV

J

13

21M

13
13 M

81

~~7k

26-

J

14

12M

58 M
112k 114,:
25
23 k

Bef & impt 4 Ms series E
1977
Cin W & M Div 1st g 4s--—1991

Spring & Col Div 1st g 4s
1940
W W Val Div 1st g 4s
.
1940
Cleve Elec Ilium 1st M 3Ms-—1965
Clev & Pitts gen gu 4Ms ser B—1942
Series B gu 3 Ms
1942
Series A gu 4 Ms
1942
Series C gu 3 Ms
1948
Series D gu 3 Ms—
1950
General 4M» series A---—.--1977
Gen & ref mtge 4M8 series B.1981
Clev Short Line 1st gu 4 Ms—--1961
Clev Union Term 1st gu 5 Ms A-1972
1st s f g 5s series B guar1973
1st s f 4 Ms series C
1977
Coal Biv By 1st. gu 4s
-----1945
Colo Fuel & Iron Co gen s f 5s..1943

85 M

J

17,000
Memphis Div 1st 4s
—1951
9,000 Chic T H & S'east 1st & ref 5s.- I960 J D
Income guar 5s-.-----Dec 1 1960 M S
21,000

39,000
113,000
41,000
157,000
99,000
1943
71,000 Childs Co deb 5s.
3,000 1 AChoc Okl & Gulf consol 5s—1952
Cine
Gas
&
Elec
1st
mtge
3MB-1966
37,000
1st mtge 3 Ms
1967
14,000
Cin Leb & N 1st con gu g 4s— -1942
Cincinnati Union Terminal—
1st mtge guar 3 Ms series D—1971
49,000
1st mtge guar 3H8 ser E_—---1969
60,000
1,000 Clearfield & Mahon 1st gtd g 5s. 1943
1993
10,000 O C C & St L gen g 4s
General 5s series B^----——1993

16

88
Sale

J

MJV

Chicago Union Station—
^Guaranteed 4s
---1944
1st mtge 4s series D--———1963
1st mtge 3 Ms series E
—1963
3Ms guaranteed-------—1951
Chicago & Western Indiana 4s—1952
1st & ref mtge 4M» ser D
1962

Sale

J

J

25,000

18k

17 M
14 M

Sale

87 k Sale
121118
16M Sale

83

J

15-year secured 6 ms—--—1936 M S

4Ms ser C----May 2037
AConv 4Mb series A
--1949
♦tAChicago Rys 1st 5s stamped
Feb 1 1938 25% part paid—1927
t AChic B I & Pacific gen g 4s—1988
ACertificates of deposit
---.
•ABefunding gold 4s—
1934
ACertificates of deposit-------♦ASec gold 4Ms series A-.—1952
ACertificates of deposit
AConvertible gold 4Ms——-I960
Chic S L & N O gold 5s.
---1951
Gold 3 Ms
June 15 1951

Sale

24

MJV

Alst & re

118M

J

MJV

Alst & ref

Sale

J

AfN
J
J

Sale

81

79
85
117
19

109k

103

F

D

15
14
19

117""

Af S
F A

J

104 M 105
100

122k Feb. 28 125k Feb.
2
98 k Feb.
99m Feb.
1
99m Feb.
98k Feb.
104
Feb.
1 105k Feb,

111M 118

1977

mpt

Sale

Sale

106

1958

5s-_-—---May 2037
4 Ms stamped-May 2037

99

100

Sale

g

99k Sale

Sale

Sale

t AChic Mil St P & Pac mtg Ss-ser A 75
AConv adj 5s
Jan 1 2000
t AChic & No West gen 3 Ms —1987 MJV

Alst & ref

Sale

5

118

AGen g 4M« seriesE—-May 11989
AGen 4Ms series F—May 1 1989

a

Sale

109

Sale

4Mb-—----1969
t AChic Mil & St-P gen g 4si ser A-1989
AGen g 3 Ms series B- - -May 11989
AGen 4Ms series C-—May 1 1989

122 k

2 106m Feb. 21
Feb. 19
13 104

lliM

101M

AfN

99
104

107 M

Chic L S & East 1st

*

Sale
Sale

A

Af S
A O

Sale

125

124

Af N

95 M

tax-1987

2

105M 106 M 106
106M 105M Feb.
103 M 104 k 103 k Feb.
103 k 105

104 M

100 M
89

AStpd non payt Fed inc

Feb.

104 M

J

1987

63
50

Feb.

102 M 105

J

AGeneral 4s_.

68m Feb. 20

63

1

Highest

Sale Prices

Sale Prices

Sale Prices

66M Feb.

M S

M S

J

t AChic Indianap & Louisv rf g 6s 1947
iBefunding gold 5s sot B
1947
ABefunding 4s series C__
1947
Alst & general 5s series A----1966
a 1st & gen 6s series B—-May 1966
Chic Indiana & Sou 50-yr 4s—1956

65

MS

MN
MN

^Certificates of deposit
---81,000
.—---1982 Af N
6,000 Chic & Erie 1st gold 5s
497,000 t AChic Gt Western 1st 50-yr 4s.l959 M S

23,000
8,000
52,000
122,000
62,000
2,000
1,000
55,000
38,000
100,000
42,000
42,000
635,000
562,000
149,000
155,000
21,000
95,000
108,000
9,000
104,000
113,000
115,000
167,000
351,000

Ask
Sale

Lowest

Highest

49 k Sale
Feb.
9
50 M
48M Feb.
7
60
62
Feb.
7
65
62
Feb.
7
65
110
110»3a 112
110k 110*32 Feb. 20 110»3» Feb. 20
78 k Sale
82
Feb. 15
76 M Sale
76M Feb.
1

J

B

Lowest

Feb. 29

Sale
58
Sale
112*11 H2M
75
Sale
51M

1949

Illinois Division 4s

,

Bid

,

45,000
220,000

RANGE SINCE JAN.

PRICES IN FEBRLARY

Price

bonds
N. T. STOCK EXCHANGE

February

23

exchange-bonds

1965
1967
1970
-1966

AfN

108 k

MJV

108 k 109 k

MJV

MJVi 106k

107k Sale
109
109k 108k 109 k
Sale
110 k Sale
109
106 k Sale
106 k Sale
109

Sale"

Sale

108 k
106 k

Feb.

Feb.

24 110 k Feb.
26 107k Feb.

6
6

13

107k
108k
108k
105k

Feb. 21 109k Jan. 27
5 110k Jan.
9
Jan.
Jan.
4
Feb. 24.111
Jan. 17 107k Feb. 13

24

N. T. STOCK

Sales in

Price

BONDS

February

$

Bid

11,000
38,000
87,000
68,000
23,000
112,000
79,000
96,000
54,000
3,000
3,000

Container
Deb

Corp of Am 1st s f g 6s 1946 J D
gold 5s
—1943 J D

Continental Oil conv deb 2
Crane Co s f deb 3 Ms
Crown Cork & Seal

s

Ms—1948
—1951
...1948

Cuba Northern Rys 1st 5Ms
Cuba RR 1st 50-yr g 5s

J

J

1942
1952
1946

7 Ms series A extended to

A

Sale

Sale

29 M
35 M

Sale

42

Sale

33

Sale

36M
45M
Sale

110

Sale
60
108 M 109

J

4MS-1947

106

104 M

J

J

Sale

106

J

Sale

J

J

F

A

10 M
Sale

J

J

M S

Gen & ref 4 M s series D
1961 F A
Gen & ref mtge 4s series F___1965 A O
Gen & ref mtge 3 Ms series G.1966 M S
Detroit & Mack 1st lien g 4s
1995 J D

Sale

110M Sale
11QM 113
40
54 M
22 M
35M
98

100

105 M 107M
106 M

Sale
17M

13M

Sale

109

Elgin Jol & East 1st g 5s

1941 MN

196j5

5s stamped
Erie & Pittsb gen gu g
Series C 3 Ms

A

O

1965
3 Ms ser B 1940

1940

112,000 t AErie RR 1st con & prior lien 4s 1996
Alst consol gen lien 4s
1996
402,000
AConv g 4s Series A
__1953
57,000
a4s series B
—1953
36,000
AGen conv 4s Series D
1953
5,000
*ARef & impt gold 5s ser 19271967
462,000
*ARef & impt 5s series 1930. .1975
426,000
AErie & Jersey 1st s f 6s
1955
13,000
AGenesee Riv RR 1st s f 6s
1957
16,000
aN Y & Erie RR ext 1st 4s...1947
2,000
*
A3d mtge 4 Ms
1938
1954
52*000 Ernesto Breda Co 1st mtge 7s
1956
19,000 Fairbanks Morse deb 4s
1942
12,000 Federal Lt & Tr 1st s f 5s.
5s International series
1942
First lien s f 5s stamped
1942
lb",000
1st lien s f 6s stamped
1942
16,000
30-year deb 6s series B
1954
5,000
115,000 Firestone Tire & Rubber 3 Ms..1948
tAFla Cent & Peninsular 5s
1943
2,000
:_ 1959
45,000 JFla East Coast 1st 4Ms
Alst & ref 5s series A
1974
192,000

A

O

J

J

75

J

D

107 ~h

M S
M S

103 5/i
101

M S

103M

M S

104

A

D
O

J

J

J

D

M S

AS f deb

g

6s

1 AGa & Ala 1st cons 5s

MN

26",000

Gt Cons El Pow

Grays Point Term 1st gu g 5s
(Japan) 7s

1st & gen s f g 6Ms
23,000
Great Northern Ry—
1st & refund 4 Ms series A
68,000
Gen mtge 5Ms seriesJB

1941
1947
1944
..I960

Bar pen Mining 6s
2,000
Hock Val istcong4Ms-_

«




see page 30.

5M

Sale

8M
2%
2M
5M

4

Sale

4M

3

2M

50

109
109 M

34

106
91H
140

29
9

Feb.

6
14

33

43 M Feb.
Feb.

23

4

Feb.

1

4M Feb.

68 M

101

91

51

51

101
56 M
22 M

Sale
Sale

18

19M

18

20 M
18

100M
55 M
22 M
17

15M

108M Feb. 27 109M Feb.
112

Feb.

2 Ill
21 113

43

Jan.

1

32

Jan.

31

23

-----

12 M

Sale

7

J

J

78

J

J

70

103

Sale

90M Feb. 20

9

Feb.

16

Feo.

20

6

68 M
56

52M Feb.

91M Feb.

1

13

2

Feb.

8

109M Feb.

28

8 141

Sale
Sale

"53"

Feb.

'16

54 M Feb. 26
1
2J M Feb.
19M Feb. 16
19M Feb. 16

56M Feb.

1

92

Feb.

8

9
Feb.
9
Feb.
8
Feb.
Feb. 26
9
Feb.
9
Feb.
9
Feb.
57 M Feb. 13
7
92M Feb.

Sale

94

Feb.

6

97

Sale

107
104

19 M

19M
23 M

18

Feb.

8

51

52

58

54 M
92

60

J
Feb

Feb

92

107 M 107 M
103
102

104 M 105
101M 102 M
103 M 104 M
104 M Sale

3

108M Feb. 27 110M Jan.
2
109H Jan. 31 111M Jan. 17
3 113
Feb. 20
110M Jan.

12

Jan.

7 101

13

Jan.

11

107M Jan.

8

108M Feb. 15
Feb.

6

106M Jan, 30 109M Jan.

2

13

90M Feb. 20
141

Feb.

107M Jan.
105M Jan.
52M Feb.

93M Jan.

29

8 141
Feb.
15 109M Feb.
25 105M Jan.

28
25

8

13

60

Jan.

2

59

Jan.

3

59

Jan.\

3

8
51M Feb.
54 M Feb. 26

23 M
20 M
20 M
19M
15M
15 M
52M

53

Jan.

13

3

57

Jan.

26

Jan.

4

24M Jan.

3

I
21M Feb.
18M Jan. 30
19M Feb. 16

Jan.

3

18

21

Jan.

3
3

8

Feb.

24

14M Feb.

24

18

Jan.

14H Feb.

24

18

Jan.

49% Jan.
53M Jan.

15

54

Jan.

15

58

Jan.

31

92M Feb.

7

97

Feb.

22 108
13 105

Jan.

7
6

Feb.

9

92

Feb.

8

93

Jan.

18

3

104 M
104

Sale

104

105 Vs
46 M

Sale

106

Sale

Sale

51M

Sale

43
Sale

50 M
7

Sale

Sale

6M

Sale

Sale

49

2

100»82103

49M

50 M

7

7 107 M Feb.
Feb.
Feb. 26 105
Feb.

19
9

103 M Feb.
104 M Feb.

26 104 M Feb.

17
20 M

%

90

17

2M
10D32 103
50 M

52 M

2M Feb.

2M Feb.

1001732Feb.

100l73jFeb.

49M Feb.

51M Feb.

Jan.

9 104M Feb.
10 104 M Feb.

8
Jan.
2
3 104
Jan. 11
101M Jan.
105M Jan. 16 106% Feb. 20
1
46M Feb.
46M Feb.
1
103

49

Feb.

5

6M Feb. 28
6

Feb.

23

Jan.

9

8 H Jan.
8M Jan.

3
3

54

2M Jan.

26

2M Jan.
100l7J2Jan.

30

49

Jan.

123M Jan.
13 104 M Feb.

103

Jan.

20 102 M Feb.

101

Jan.

32 M Feb.

29

32 M Feb.

29

28M Feb.

13

28M Feb.

13

27 106M Feb.
1
70M Feb.

19

1

2M Jan.
2M Jan.

18

24 100l7sjJan.

4
24

23

10

53M Jan.

19 124M Jan.
22 105
Jan.
4 103
2
24M

24M Jan.
Feb. 29
26M Jan. 10

32 M

Jan.

Jan.

32M Feb.

28M Jan.

19
5
30

2
29
23

Jan.
104M Feb. 27 107
17
66
Jan.
70M Feb.

10

Jan.

25

18M Jan.

2

17M Feb.
21 M Feb.

2
20

105M Jan.
91M Jan.

5
10

19

...-

15 M
20 M

Sale

104 %
86 M

Sale

Sale
30

104 Vs 105
104 M Feb.
68 M Sale
66M Feb.
16 M

Sale
35

27

104

103M Jan.

1 104 M Feb.
2
7 104
Feb. 19
103M Feb.
105M Feb. 26 106M Feb. 20
1
1
46 M Feb.
46 M Feb.
5
7
49
Feb.
50 M Feb.
7
7 M Feb.
6M Feb. 28
1
6
Feb. 23
6M Feb.

124 M
124M
103 M 105
104
104 M 103 M Feb.
102 M 102M 102 M Sale
101M Feb.
26 M
26 M
58
58

Sale
Sale

106M Jan.

8

3M
3M

2

Feb.

I04M

103 M 104

103

23
35

1

17 M Feb.

2

21M Feb. 20

21M Feb.

20

17

Feb.

17

1 104 M Feb. 20
104
Feb.
Sale
1
89 M
86M Feb. 26 90M Feb.

104

I05M

104M Feb. 20 104M Feb. 20
9
80
Jan.
80
Jan.
9

Feb.

86M Feb.

28

104 M

104 M

86 M
74

Sale

106 M

Sale

76 M

Sale

104 M Feb.

20 104 M Feb.

20

93

Sale

86% Feb.

5

96 M Feb.

23

85

Jan.

4

80

Sale

74

9

80

Feb.

29

72

Jan.

5

5 107 M Feb.
27
98 M Feb.

23

107 M

Sale

Feb.

106 M Feb.
96 M Feb.

96 M Feb.
80
Feb.

23
29

3 107M Feb. 23
105M Jan.
Jan.
3
96M Feb. 27 100

96 M

Sale

90

Sale

90

Sale

90

Feb.

Feb.

13

90

Jan.

9

92

Jan.

26

83

84

82

Sale

81

Feb.

27

83

Feb.

5

81

Feb.

27

84

Jan.

82 M
100 M

Sale

81

Sale

87

Feb.

23

83

Feb.

2

81

Feb.

23

84

Jan.

4
8

9

99M Jan.

17 104

Jan.

3

91M

Sale

100M Feb. 28 102M Feb.
90 M
89 M Feb. 28
92
Feb.
Sale
72
Feb. 26
73 M Feb.
64
58
Feb.
7
58
Feb.
7M
7M Feb. 13
8M Feb.

8

88

.Tan.

16

8

72

Jan.

17

7

58

Jan.

12

Feb.
92
75 M Jan.
Jan.
58

8
12

90 M

Sale

73 M
58

Sale

72 M

64
9

49M

8

4M Feb. 23

Feb.

4

75
96

67 %
13

Sale

4

16

50

106 M

105M 105M
99 M Sale
90 H
89
81M Sale
82 M Sale

3M Jan.
2M Jan.
6M Jan.

1 107 M Feb.

12

55 M
90

Sale

72

Jan.

6

2M Jan.
2M Jan.
5M Feb.

106% Feb.

49M

Sale

-----

Jan.

10

2

24

27 M

84

6
2

Feb.

106M Jan.

24

32 M

104M

3

25
30
24

15

14 M Feb.

29

A

5

63 M Jan.
Jan,

10M Jan.

2 108M Feb.
26
13
Feb.

14 M Feb.

34

D

108 M Jan.

106

Feb.
Feb.

108

Sale

27 M

J

2

108 M Jan.

19

Sale

32

F

4

2

Feb.
Feb.

97M Feb.
105M Feb.

14M

104

Jan.

33M Jan.

Jan.

19

"14M

40

Sale
93

Jan.

109

23

Sale

35

91M

8

Feb.

Jan.

99 M Feb.

Sale

24M

25

58

19 105 M Feb.

14M

27 M

105 M

1042832Feb.

108M
104M
106M
8M

38
46

"45""

"14M

Sale

17
Sale

29
4

Jan.

100 M

24 M

19M

2 103M Jan.
18 104
Feb.
12
30M Jan.

Jan.

70

140 M 148
141
Feb.
Sale
109
108M Feb.
105 % 105 %

8

101M

Jan.

Jan.

Jan.

23

1042832Feb.
58
Feb.

102M Feb.

7
11
27
29
17

17
18

_

5M

35

10

106

92 Vs

108 M Sale"
105 M 106
70
51
51

Feb.

Feb.

35
25
34 M
99
97
97 M Feb.
Sale
105M 107M 105 M 106 M 105 M Feb.

F2

2 104

43

25
98 M

107 H

27 105M Jan.
19 106M Feb.

8 104% Feb.
28
61 M Feb.
108M Feb. 19 108M Feb. 23
1 104 M Feb.
104 M Feb.
5
7 107 H Feb. 17
106 M Feb.
9
8
9M Feb.
8M Feb. 27
10
8
Feb. 28
9
9M Feb.
3
Feb. 14
2M
2% Feb. 13
8
2%
2M Feb. 16
2M Feb.
Sale
6
5M Feb.
5M Feb. 29
Sale

112

108M

26 110M Jan.

Feb.

32

110M 109% Feb.

-----

Feb.

104M
104 M
102M
101M
28 %

30 M Feb.
Feb.
38

110

107M
12K
13
107
Sale

108

16
6

Sale
111M 113

40

1

29M Feb.
35 M Feb.

Sale

53

101M Jan.

Feb.

103

109

40

Sale Prices
Sale Prices
105
Jan. 11 105M Jan. 27

7

Sale

Sale

8

18M

Sale

73 M
58

8

8M

81

85 H

100 M
89 M
72 M
55
6

1 e91

Sale

2

.

8

13

8M Jan.

24

23

83

Feb.

15

26

79M Feb.

13

87M Feb.
83M Jan.

23

13

87 M Feb.
83 M Feb.

1

97 M Feb.

27

96

Feb.

9 108M Feb.

8

108

Jan.

21M
120M
75M
44M

Feb. 27 21M
4 123
Jan.
Jan. 29 80
Jan. 17 47M

5

7M Feb.

MN
A

O

85

Sale

A

O
J

82 M
85 M

Sale

J

99

Sale

1949 J

1999 J
12,000
Hoe (R) <fe Co 1st mtge
.1944 A O
8,000
23,000 t*AHousatonic RR con g5s_. 1937 MN
Houston Oil 4 Ms debs
1954 MN
23,000

Forlfootnotes,

Sale

3M
2M
2M
100 M 103 M
48 M
53 M

15

Gulf States St'l 1st mtge 4Ms. .1961
A O
8O~,66O
Gulf States Util 3Ms series D
1969 MN
87,000
a

102M

2

13

1961 J
1952 J
1973 J
1976 J
1977 J
-.1946 J
1946 J

197,000
Gen mtge 5s series C
67,000
Gen 4Ms series D
79,000
Gen 4Ms series E_
76,000
Gen mtge 4s series G
308,000
Gen mtge 4s series H
228,000
Gen mtge 3 Ms series I.
1967
118,000
AGreen Bay & West deb ctfs A
2,000
Alncome debenture ctfs B
5,000
Greenbrier Ry 1st gu g 4s
...1940
Gulf Mob & Nor 1st 5 Ms ser B.1950
54",000
1st mtge gold 5s series C
1950
100,000
Gulf & Ship Island 5s stpd
1952

8

106M
69 M

164,000 HGoodrich (B F) Co 1st M 4 Ms. 1956 J D
Gotham Silk Hosiery deb 5s w w_ 1946
13,000
M S
Gouv & Oswegatchie 1st 5s
1942 J D

*5",066

10M

107

104

Oct. 1945

1st gu g 4 Ms

108

104M
101M 103
105 M Sale
43 M
51
53
Sale
8M Sale

101

+*AGeorgia Caro & Nor 6s
1934
1*000 AOood Hope Steel & Iron sec 7s_1945

ex

8M

Prices
Feb.
8

104 M Feb.

Feb.

1

Highest

Feb.

-----

6 000

Grand R & I

107 M

75
90

98

122

1945
1940

...1948

55

'

A

J

Sale
Sale
55M

90

F

1949

ADebenture 6Ms

17 M
17 M
53 M

M S

Gen Amer Investors deb 5s ser A1952
General Cable 1st s f g 5Ms A
1947

General Motors Acceptance Corp—
15-year debenture 3 Ms
1951
128,000
Gen Steel Castings 1st 5Ms w w.1949

Sale
107
59 M Sale
57
95M
101M
101M 101M
54M
24 SA Sale
23 M Sale
19
24M

49

___

.

108 M
105 M

J
MN

J

Sale

"58""
108 H
104 M

Sale"

21

MN

ACertificates of deposit
*_
*t AFonda Johns & Glov ref 4Ms 1952
Proof of claim filed by owner
MN
♦a(Amended) 1st cons 2-4s
1982
Proof of claim filed by owner
MN
ACertificates of deposit
1,000
Fort St U D Co 1st g 4 Ms
1941 J~ J
3,000
Francisco Sugar coll trust 6s
1956 MN
21,000

AGeneral Elec (German) 7s

91M
-----

-----

35,000

Gas & Elec (Bergen Co) 5s

91

140

43

Lowest

Highest

Sale

30 M
38 H
Sale

32

8M
8M
2M
2M

50
110

RyM No Div 1st g 4s^T948 ATU 105 M 106M

El Paso & S W 1st & ref 5s

1 000

3
Sale

AO

RANGE SINCE JAN.

Lowest

27 104 M Feb. 19
106M Feb.
5 106 % Feb. 29
102% Feb. 27 103 M Feb. 20

Sale

29 M
35 M

104% 108 M

J

J

Sale

104 M
106
106M 106 M
102 M 103
103 M
103 M Sale
104

107 M
Sale

O

Feb. 29

Ask Bid
Ask
Sale
Sale Prices
105 M 104 M 105 % 105
Feb.
6 105 Vs
Sale
101M Sale
101M Feb.
7 102 M
Sale
108 M 109 M 108
Feb. 26 109 M

J

_

95,000

102 M
109 M
104 %

J

25,000 Eastern Tenn Va & Ga 1st g 5s .1956 MN
1995 J J
1,000 Eel El 111 N Y 1st cons g 5s
118,000 Electric Auto Lite conv deb 4s_ 1952 F A

'

105

MN

Eastern

39 000

Bid

Del & Hud 1st & ref 4s

36,000
Ry 3 Ms
-1962 A O
9,000 1*aDu1 So Shore & Atlantic g 5s_1937 J
J
1965 J D
257,000 Duquesne Light 1st M 3 Ms

Q 000

Ask

105

Delaware Pr & Lt 1st M

ASecond gold 4s
----1995 J D
87,000 Detroit; Term & Tun 1st gu 4Ms 1961 MN
1951 J D
1,000 Dow Chemical deb 3s__
Duluth Missabe & Iron Range

~6~, 000

Feb. 1

101M 102 M
108 % Sale
104 M Sale
105
105M
102M Sale
103
103 M
29M Sale
38
44 M
32 M

—1946

6s series B extended to

t ADes Plaines Val 1st guar
Detroit Edison—

110,000
72,000
19,000

D
D

Crucible Steel 4 Ms deb ser A—1948

1!Dayton Pr & Lt 1st & ref 3 Ms 1960
1943
4Ms—1971
1st & ref 4 Ms
1969
1st mtge gold 4 Ms
—1969
t* iDen & Rio Gr 1st cons g 4s_ _ 1936
*
AConsol gold 4Ms_
1936
t ADenv & R Gr West gen 5s Aug 1955
AAssented (subject to plan) ----ARef & imp mtge 6s ser B
1978
t ADes Moines & Ft Dodge 4s—1935
Certificates of deposit
6,000

8,000
246,000
9,000
5,000
7,000
123,000
11,000
23,000
33,000
84,000

J

J

1950 MN

f 4s

S f 4Ms debentures.

PRICES IN FEBRUARY

Jan. 2,
1940

n. t. stock exchange

Value

EXCHANGE-BONDS

108M
15

_

Sale

-----

119

78
46
97 M

80 %

Sale

85 M
96

81H
85 M

Sale

97

108 M 108 M 108 M
20
122

Sale
Sale
98 M

87 M

75 M
44

97 M

20

123

Sale

Sale

70

47 M

45 M
97

83

Feb.

15

79M Feb.
96

Feb.

108M Feb.

21 M Feb. 27
21M
122M Feb. 26 123
Feb. 16
76
76 M
47
45M Feb. 26 47 M
97 M
97
Feb. 16
97 M

121M 123

80
Sale

Sale
82 M

76

Feb. 27
Feb.

23

Feb.
Feb.
Feb.

2

97

Jan.

1
99
5 109

L

9

Jan.

2

Jan.

11

Feb.

27
23

Feb.
Jan.

3

Feb.
98M Jan.

3

8

N. Y. STOCK

March, 1940]
•Safes fn

h

N. Y. STOCK EXCHANGE

Value

Ask

Illinois Bell

Extended 1st g 3%s
1st gold 3s sterling

2,000

Collateral trust gold 4s

27,000
122,000

Refunding 4s
Purchased lines 1st 3 %s
Coll trust gold 4s

16,000

117,000
16,000
257,000
2,000
3,000
12,000

Refunding 5s
40-year 4%s
Cairo Bridge gold 4s
Litchfield Div 1st g 3s
Louisv Div& Termg3%s
Omaha Div 1st gs3s

"Y.ooo

St Lou Div & Term g 3s
Gold 3%s

Springf Div 1st

g

3 Ms

-

Western Lineslstg4s

1,000

1951
1951
1951
1951
1952
1955
1952
1953
1955
1966
1950
1951
1953
1951
1951
1951
-1951
1951

34

33M

Sale

112%
91

MJV

48 %

UN
UN
P

A

Sale

Sale

91

85

85

46% Sale

J

,!

Sale

Sale

47

Sale

41%
45%

43 M
Sale

42

44

45

Sale
Sale

46%
53%

Sale

54

44

Sale

80

85

78

81

70
60

55

65

32% Sale
126

47% Sale
15% Sale
111% 112

11"

Highest

Lowest

Sale Prices

Sale Prices

32
125

Feb.
Feb.
6
Feb. 19
Feb. 21
1 111% Feb. 26
90
Feb.
9
9

34
21
7 126%
1 49%
16%
1

Feb.
Feb.

47% Feb.
14% Feb.
110% Feb.
90
Feb.

54%

54

43%
47%

60

*

721,000

J

J

F

A

J

1932

Al0-year 6% notes.

A

ACertificates of deposit-

24,000
.

M S

76

-

-

344,000
133,000
128,000
36,000
59,000
382,000

-

41

45%
52

43%

"56""

63

6

54

Feb.

45

8

45% Jan.

IIM

Jan.

9

Jan.

45

Feb.

10

42

Jan.

45

Feb.

3
10

46%
54%
45%
78%
63%
65%

Feb.
Feb.

1

44

Jan.

3

Jan.

4

Jan.
Feb.

3

27
Feb. ' 9

51% Feb.
43% Feb.
78% Feb.
63
Feb.

Feb.

7

62% Feb.

46%
56%
46%
78%
63%
65%

Jan.

8

Feb.

62% Feb.

52% Feb.

2

52% Feb.

2

Feb.

17

Feb.

17

9

Feb.

Feb.

ffi*

51

86*

76
75

55

52%

52% Feb.

2

Feb.

17

53

53

105

-

1941 A
Paper conv 5s series A— 1947 J
1955 M S
Refunding 6s series A

Int Merc Marine 1st s f 6s
Intern

Int

1972 MN
1947 F A
Ji
1952 J

Rys of Cent Amer 1st 5s B

First lien & ref 6 %s
Internat T & T deb g 4 %s
1955
Deb gold 5s
356,000
7,000 X Alowa Central Ry 1st & ref 4s_. 1951
1959
James
Franklin
&
Cleart
1st
4s..
49,000
64.000 Jones & Laughlin St'l 1st M 4%s 1961

F

A

M S
J

D

M S

1990 A

O

180,000 J*aKC Ft S & M ref g 4s.
a Ctfs of dep (Bankers Trust) 76,000
75,000 Kan City South 1st g 3s
Ref
& Imp 5s
April
83,000
141,000 Kan City Term 1st 4s

1936 A

O

36,000 Kansas Gas & El 1st mtge 4 Ms.

3 980 J

Kanawha & Mich 1st gu g 4s...

-

1950 a'O
J
1950 J
J
1960 J

D

68

Sale

102% Sale
97% Sale
84
81%
Sale

96%
41% Sale
43% Sale
1%
1%
53

94%

Sale
Sale

29%

88%
31

28

29%

68% Sale
65
Sale
108% Sale
103% 104%

3

20

9

105

1932
"72%~74
r,l-932|,M"S{
73,00 ■^-AjulQsyearTffir-notoa j
a Certificates of deposit
73
Sale
97,000
89
90%
1947 A O
79,000 Interlake Iron conv deb 4s.
Int Agri Corp 1st & coll ctf 5s—
1942 MN 102%
Stamped extended to
1,000
J
1952 J
16% Sale
196,000 X A Jnternat Gt Nor 1st 6s A
a Adj mtge 6s series A.July 1 1952 A
1% Sale
62,000
Sale
a 1st mtge gold 5s series B
14
1956 J
73,000
Sale
1956 J
14
A 1st gold 5s series C
42,000
Sale
1944 A
73
135,000 Internat Hydro El deb 6s

Jan.

86% Jan.

91

Feb.

90

Jan.
8
Feb.
6
Jan. 24
Feb. 21
.Jan.
4

Feb.

Feb. 13
49
Sale
48% Sale
48% Feb. 29 50
48
1
47
Feb. 13
45% Sale
48% 45% Feb.
5
1001»S2l01% 100% 101% 100u3»Feb. 21 100%. Feb.
20%
98
98
100%
56%
61
55%
59
57% Feb. 28 57% Feb. 28
3
1
12
Feb.
13
Feb.
12
Sale
10%
14

-----

45% Jan.
12% Jan.
110% Jan.

47% Feb.

49
Sale
45
Sale
100.27101.4
15%
95
100%
55
61
10
13%

102% Sale
109% Sale
J
74% Sale
74% Sale
O
30
Sale
.29%

37%
126%
50%
16%
112%

Feb.

51% Jan.
Jan.

6

27
Feb.
9

Feb.

7

52% Feb.

2

Jan.

6

63

57%

_

Sale Prices

Sale Prices
32
Feb. 21

125

47% Feb.

54

Feb.

45% Feb.
46% Feb.
42% Feb.
44% Feb.
51% Feb.
43% Feb.
78% Feb.

111 Cent & Chic St L & N O—
Joint 1st & ref 5s ser A.
1963
239,000
4 Ms series C
1963
79,000
1940
17,000 Illinois Steel deben 4 %s_
illseder Steel Corp 6s
1948
Ind Bloomington & W 1st 4s
1940
2,000 Indiana 111 & Iowa 1st gold 4s. .1950
5,000 t ilndianapol & Louisv 1st gu 4s_1956
Indianapolis Union Ry—
Ref &impt mtge 3 %s ser B—1986
1948
200.000 Industrial Rayon 4Mb
1961
53,000 Inland Steel 3 Ms series D
833,000 tlnterboro R T 1st & ref 5s—--1966
ACertificates of deposit
962.000

Highest

86% Jan.

68

63

57

Ask

68

"m

76

Feb. 29

Lowest

85

,,

68

M S
A O

37 M

Sale

85

86 %
86 M

J

Sale

£4

Sale"

45 M

llVA
89

1

Ask Bid

Bid

126% 127

125

13%

Adjust income 5s
Feb 1957
Telep3%sser B--.-1970

a

Feb.

1940

Hudson Coal 1st s f 5s series A-.1962 J D
Hudson County Gas 1st 5s
1949 UN
Hudson & Manhat 1st & ref 5s A 1957 F A

Illinois Central 1st g 4s
1st gold 3%s

1

Jan. 2,

Bid

166,000
22,000
335,000
696,000
40,000
6,000

RANGE SINCE JAN.

PRICES IN FEBRLARY

Price

BONDS

February

25

EXCHANGE—BONDS

105

101%

Sale

109

Sale

Sale
Sale
Sale
Sale
Sale

102% Sale
13% Sale
1%
1%
12
11%
12
11%
72% Sale
67% Sale

103

_

Sale

90%

W

Sale

39

Sale

43%
1%

Sale

50%

94%
65

Sale

51%
Sale

88

Sale

75
72%
Sale

Feb.
Feb.
Feb.
Feb.
Feb.
32
Feb.
73
Feb.
71% Feb.
84
Feb.

31%

29%

33

19 109
26
29
1

17

"20

102% Feb.
13
Feb.
1% Feb.
10% Feb.
10
Feb.
Sale
71
Feb.
Sale
67% Feb.
Sale
102% Feb.
Sale
97% Feb.
Sale
90% Feb.
Sale
96% Feb.
Sale
39
Feb.
Sale
42% Feb.
1%
1% Feb.
52
Feb.
55%
Sale
93% Feb.

12%
13%
1%
1%
10% Sale
10* 10%
70%
102%
99

93
97

40%
43%
1%
53%
93%
65

Feb. 28
1
Feb.
77% Feb. 17
77
Feb. 16
38% Feb. 28
36
Feb. .28
75
Feb.
2
\73% Feb.
86
Feb. 21

5 105

101%
106%
74%
73%
31

17

50% Jan.

3

15

47

Feb.

13

21 100% Jan.

6

99% Jan. 17
57% Feb. 28

99% Jan.

17

61

Jan.

5

13

Jan.

5
25

25 105

Feb.

28

19 109% Jan.
2
77% Feb.

2
17

12

Jan.

101

Jan.

26

7

1

1 102% Feb.

27
26
28

27
29
1
1

1
5
29
1
2

15
3
27

9
14% Feb.
1% Feb. 19
7
12
Feb.
9
Feb.
12
9
74
Feb.
76% Feb. 19
6
103
Feb.
9
99% Feb.
93
Feb. 28
98% Feb. 19
9
41% Feb.
8
44% Feb.
1
1% Feb.

106% Feb.
74% Jan.
73% Jan.

5
Feb.
Feb. 13
Feb. 27

Feb.
Feb.
Feb.

Feb.

16

Jan.

2

38% Feb. 28

30%
72%
71%
83%

Jan.
Jan.

6

36

Feb.

Jan.

8

90% Jan.

11

1 102% Jan.

31

27

1% Feb. 26
10% Feb. 28
Feb.
Feb.

27

71

67

10

2&

rT5"%Janril

Feb. 26
Jan. 29

102% Feb.
13

30

Feb.

29

75

16% Jan.

2

2

Jan.

18

14%
14%
74%
76%
103%

Jan.

2

Jan.

2

Jan.

5

Feb.

19

Jan.

2

Jan.

22

101% Jan.
96% Jan.

29

Jan.

11

Jan.

3

93

Feb.

28

96% Jan.
38% Jan.

4

99

Jan.

23

84

24

Jan.

15

1% Feb.

43% Jan.
46% Jan.
1% Jan.

5
5

15

Jan.

23

55

Jan.

10

1

93% Feb.

27

95

Jan.

4

35

Feb. 20
Feb. 24
69% Feb. 13

28% Jan.

15

35

34

28

12

34

Feb. 20
Feb. 24

55

24

Feb.

94% Feb.

68% Feb.
Feb.
Feb.

3
11

1 102% Feb.

29
20
15

1

77

15

30

42
52

88%

30%
34%
35
33% Sale
31%
67%
67% Sale
67% Sale
67%
67% Sale
68% Sale
107% 107% 107
107% Sale
103% 104% 103% 104% 103%

30%

47% Jan.
43% Jan.
100n32Feb.

56

106

104%
106%
Sale
74%
Sale
76
73%
Sale
31
35%
29'
32%
31%
ale
"Til
T0"%
75
72%
70%
86
84
85%

Sale

53

20 107%
6 104

2

Jan.

15

24

69% Feb.
2
68% Feb.
107
Feb. 20 108% Jan.
6 105
Jan.
103% Feb.
65% Jan.
64% Jan.

6

13
3
4

16

Kalarstadt (Rudolph)

Inc—
1943
stpd (par $645)
1943
8
stpd (par $925)
1943
8
a With warrants (par $925)
1946 M S 101%
29,000 Keith Corp (B F) 1st ser g 6s
J 106%
1987 J
3,000 Kentucky Central 1st gu 4s
J
1,000 Kentucky & Ind Term 1st 4%8_- 1961
J
1961
Stamped
a

Ctfs

w w

A

Ctfs

w w

—

25
24

"2",000

Plain.

4 %s

unguaranteed
Kings Co Elec Lt & Pow 6s
112",000 Kings Co Elevated 1st g 4s
Certificates of deposit
86,000
Kings Co Lighting 1st ref 5s
2,000

"*6",o5o

1961

J

80

1961

J

CO

1997 A
1949 F

O

1954

j

71,000 Koppers Co 4s series A
J
24,000 -Kresge Foundation coll trust 4s. 1945
1947 F
3%s collateral trust notes
35,000

X Kreuger & Toll class A—
26,000
46,000
32,000

80,000
20,000
11,000
3,000

*

J

J
1954 J
1951 UN

1st & ref 6 Ms

a

A

24

J
A

1959 M S

5s Uniform ctfs of deposit

O

86%
106%

i04"
"90%

1 in

Sale

24
Sale

102

106%

"60"

"92%

80

83%

80

87

80

87

83

85

80

83

82

160

170

Sale
87%
Sale

170

160

89

Sale

88

Sale

89
99% 100
88
88%
106% 107%
107%
107% 108
Sale
105
104%

106%

Sale

2 %

Sale
84%
86

85% Sale

3%
87%

85

75

3

Sale

4

1939 A

Ref & ext mtge 5s
Coll & re 5 Ms series C
Col & ref g 5%s ser D

1953

45%
43%

Sale
48

48

Sale

1960

48

49

Coll tr 6-s series A

1942

39

44

42

43

40

1942

40

45

41%

42%

40

42%
50%

78%
82%
82%

82

Collatera

trust 6s series B

Lake Erie & Western

80

Sale
Sale

46%
46%

Sale

5s 1937 extended at 3% to—

1947 •7

J

75

1941 J

J

80

1997 J

D

reg.Dec 31 1975
129,000
45,000 Lehigh Coal & Nav 4%sser A._ 1954
1954
1965 A

81%

60

84%
34%

J

36% Sale
50% Sale

J

48

Sale

49%

1st mtgi income

Cons sink fund 4%s ser C—
59,000
>9,000 Lehigh & Nj-» Eng RR 4s A...
17.000 Lehigh & N Y 1st gu g 4s_

5

80

Feb.

23

82

Feb.

5
23

100

Feb.

21

91

Feb.

14

Feb.
Feb.

88
82%

1

3

Feb.

85

Feb.

1

83

Feb.

21

46% Feb.
47% Feb.

1

7

Feb.

28

42% Feb.

7

41

Feb.
Feb.
Feb.
Feb.

a5s stamps 1

42,000
3.000

15,000

O

1945 M S

86%
30%

1944

37

Alst & refunding 5s
1954
a5s stamped.
1954
Alst A refunding 5s
1964
a5s stamped..
1964
a First & ref inking fund 5s.-.1974
a5s stamped
.1974
ASec 6 % notes extend to 1943
a6s stamped
1943
Leh Vail Harbor Term 1st 5s
1954
JLeh V (N Y) lstgug4%s
1940
4 Ms as -,en ed
—
1940
X a Leh Vai (Pa) gen con g 4s
2003

F

A

F

A

F

A

F

87%
32

9.OO0
20,000
36,000

A48 assented..-Gen cons4^s
a 4 %s asse it- d
A Gen consol 5s
a 5s assented
JLeh Va 1 Ter Ry 1st gu g 5s
8.000
5s assented
3,000 Lex & East 1st gu 5s

315,000

26,000
120,000
11,000
88,000

A

2003
2003
2003
2003
2003
1941

"26%

Feb.

15

80

5
Feb.
Feb. 23

80

Feb.

85

Jan.

5
25

30 100
11
91

Feb.

82

88% Jan.
106

Jan.
Jan.

87

1

107

Jan.

104

Jan.

15

104

Feb.

2% Jan.

52

60

75
Sale

87% Feb.

26

89

Sale

83

Feb.

29

85

Sale
55%
52%

35%

Sale

1

52

Sale

34% Feb.
49% Feb.

52

Sale

49

88

89

89

32%

34%

32%

12103

85

Jan.

82

Jan.

44

Jan.

Feb.

21
14

2 106% Jan.
Feb.
24 108
Feb.
15 106

25
1

29 106% Feb.
3 106% Jan.

15

2

31
3
3

15

18

3% Feb. 24
90% Jan. 18
85% Jan. 23
51% Feb. 20
49% Feb. 16

43% Jan.

2

Feb.

28

44

42% Feb.

7

45

Jan.
Jan.

9
10

28

41

89%
Sale

Jan.

23

89

Feb.

81% Jan.

15

85

Feb.

1

1

5

34% Feb.
49% Feb.

39% Jan.
55% Jan.

5
9

7

48

11
23
2

Feb. 28
1
Feb.
15

36% Feb.

IP

54

20

52

15

89

32% Feb. 29

35

Feb.
Feb.
Feb.
Feb.

14

14

Feb.

14

28% Feb.
Feb.
29% Feb.
29
Feb.
27
Feb.

5

88

Feb.
Feb.

.

23
2

29

30

32

28%
28%

30

30

29

"26%

"J

F

A

43%

J

J

J

J

43%
43%

50

Sale

52

48%
Sale

50%
48

15

Sale

MN

15

Sale

MN

14%
14%
15%

Sale

17

Sale

49%
49%

"60~"

MN

MN
MN
A

O

17
19

O

O

117

81,000 Liggett & Myers Tobacco 7s
1944
39,000
5s
1951
31,000 Lion Oil Ref conv deb 4%s
1952
15,000 Liquid Carbonic 4s conv debs... 1947
Little Miami gen 4s series A—.1962

A

O

F

A

A

O

127
127%
129% 130%

J

D

214,000 Loew's Inc s f deb 3 v?s

A.

debs..

9,000 a Long Dock Co 3 Ms ext to

For footnotes, see page

30.

1946
..1952
1953
1950

97

120%

100

107% 109%

27%
46%

29%

28

Sale

29%
70

A

Feb.

21

27%
27%

29

Feb.

8

26

24% Feb.

23

24%
24%
53%
53%
44%

26

24% Feb. 27

18

26% Feb.

as

Feb.

23

29

8

2
1

6

16

Jan.

2

87% Jan.

10

89

Jan.
Feb.

4

35

Feb.

32

Jan.

54

12

37% Jan.

29

Feb.

14

35

Jan.

20

26%
28%
24%
24%
24%

Feb.
Jan.
Feb.
Feb.
Feb.

21

20

23

33% Jan.
29% Jan.
29% Feb.

27

29

Feb.

1

23

29% Jan.

29

50

Jan.

9

Jan.

9

20

50

12

20
2

52% Feb.
44% Feb.

52% Feb.
48% Feb.

21
2

49% Jan.
43% Jan.

23

29

22

52% Feb. 21
2
48% Feb.

Feb.

26

45

Feb.

2

42

Feb.

26

45

Feb.

2

Feb.
Feb.
Feb.
Feb.
15
Feb.
18% Feb.
17% Feb.

27

47

Feb.

10

42% Feb.

27

47

Feb.

10

27

1

15

Jan.

2

2

15

16

16% Feb.

1

13

17

26

16% Feb.

1

14% Jan.
15% Jan.
14% Jan.

16% Jan.
16% Feb.

4

14

16% Feb.
16% Feb.

Feb.

8

17

Jan.

23

19

Feb.

8

26
19% Feb.
18%
17%
49%
51%
54
52% Feb.
50% Feb. 19
51% "54% 49%
2 117% Feb.
117% 117% 112% 116% 117% Feb.

10

16% Jan.

17

19% Feb.

10

46%

60

46%
43%
43%

Sale

\lH
16%
16%
18
18

44%
45%

40%

60
Sale

50%

42

45

42%
15%
14%
15%

Sale

40%
15%
15%

Sale

15

16

Sale

15

Sale

19

17

20

Sale

_

Sale

Sale

18%

127% 125% 126% 126% Feb.
127% Feb.
127% 129% 129% Sale
99% 101
99% Feb.
99% 101
109
Feb.
109
Sale
109% Sale
127

UN
F

29

25

w

82

37% Jan.

37%
35

29%

J

MN

30

30

A




50

3% Feb. 24
9
87% Feb.
9
85
Feb.
51% Feb. 20
8
49% Feb.
9
44
Feb.
42% Feb.

83

17

A

69,000 Lombard Elec 7s series

20

15

105% Jan.

89

75

26%

1941
1965

39,000 Lone Star Gas 3 Ms

16 107% Jan.

Feb.

9

87%
Sale

37%
35

A

_

20,000
36,000

5

Feb.

50

15

Lehigh Valley Coal—
1,000
40,000
5,000

Jan.

107

101% Jan.

RR—

2d gold 5<
16,000
64.000 Lake Shore A Mich Sou g3%s.
Lautaro Nitrate Co Ltd
a

85

Feb.
Feb.

Feb. 28 108
3 106
Feb.
104% Sale
Sale
104
Feb. 29 106%
105% 105% 104
105% 105% 105% 105% 105% Feb. 10 105%

108

104% 105%
105% 105%

Sale

16 107% Feb.
15
50
Feb.

85

88

ALaclede Gas Lt ref ext 5s

1942

101% Feb.
107
Feb.
50
Feb.

87%
89%

106%
104 %

8
8

156%
89

25

25
8

—

6

7

19

2

21

Feb.

2

Feb.
Feb.

23

1 109% Feb.

19

19 127
5 130
7 101

2

2

2

Jan.

4

16% Jan.

11

50% Feb.

54

Jan.

11

117

Jan.

118

Jan.

16

126%
127%
97%
108%

Feb.
Feb.
Jan.
Jan.

19 127% Jan.
5 130% Jan.

3
22

Feb.

2

16(109% Jan,

9

3,101

107

102%
66

108

72%

Sale
75

Sale

102
69

109

63

102% 103%
Sale
73%
Sale
109%
63%

Sale

101% Feb.

Sale

69

Sale

109

73

Feb.

Feb.
63% Feb.

103% Feb. 27
73% Feb. 29
109% Feb.
8
26
67
Feb.
7

101% Jan.
68
108

Jan.
Jan.

63% Feb.

2 103%
25
73%
2

26

Feb. 27
Feb. 29
109% Feb.
8
67

Feb.

7

26

STOCK EXCHANGE-BONDS

N. Y

Sales in

BONDS

February

n. y. stock exchange

Value

Price

c ^

Jan. 2,
1940
Bid

12,000
125,000
42,000
17,000
15,000
93,000
85,000
10,000

—1949 M 8
1949 M S
-1949 M S

Long Island unified 4s
Guar ref gold 4s
4s stamped-Lorillard (P) Co deb 7s.

a

1944

o

5s
-1951 F A
J
Louisiana & Ark 1st 5s series A- -1969 J
Louisville Gas & Elec3%s
1966 m S
Lou & Jeff Bridge gu g 4s
1945 M S

Louisville & Nashville RR—
Unified gold 4s
39,000
1st & ref

4%s series C-__\—2003
1st & ref 4s ser D
2003
1st & ref 3 %s series E
2003
Paducah & Mem Div 4s
1946

3,000

St Louis Div 2d gold 3s.
Mob & Montg 1st g 4 Ms

1980
1945
South Ry joint Monon 4s
1952
Atl Knox & Cin divg 4s__
1955
a Lower Austrian Hydro-El 6 Msl 944

22,000
6,000
32,000

10.000

M S
M S

J

J

MN
F

A

66,000
20,000
46,000
105,000
138,000
351,000
116,000

McCrory Stores Corp s f deb 5s. . 1951 MN
Maine Central RR 4s series A—1945 J D
Gen mtge 4Mb series A
1960 J D
Manati Sugar 4s s f
Feb 1 1957 MN

204,000

ACertificates of deDosit
Manila El Ry & Lt 1st 5s

4sl990

J a Manhattan Ry (N Y) con g
a Certificates of deposit
a

A

2013 J

2s 4s

!

O

D

Bid

Ask Bid

88%

89

88%

127

83

Sale

110

Sale

107%

125%
125% 127
128
126%
84% Sale" 84%
109 M Sale
108%
109 M
108%
101"32 Sale

Sale

99

90%

Sale

90

88

Sale

85 M

82%
103%

Sale
Sale

110%
75M

"77%

111% 112
77% Sale

105

106M

105

80

79

107% Sale
78

Ai*

106

106

107%
77

79

55 M

Sale

40%

Sale

11*
79

Sale

40%
80%
80%

Sale

42 M

Sale

41M

44

J

J

15

A

O

68

Sale

m

Sale

81M

~83%

85 M
25

"70" ~

66%

J

MN

22 000 Metropolitan Edison 4Ms ser .D-iytjS M S

58

105" 105%

105

112

110%

36 000

Met Water, Sewer & Drain 5%s-1950 A O

*82

000

JjLtiMeti West Side Elev (Chic) 4s 1938 f—a

—6 Mr

29 125% Feb.
Feb.
13 128

26

Feb.

15

85% Feb.

19

Feb.

13 109% Febv
5 111% Feb.

28

108% Jan.
108% Jan.

1

101% Feb.

Feb.

Feb.

90

16 101173sFeb.
1 100
Feb.

101% Feb.
Feb.

90% Feb.

1

7
7

1

89

Jan, 10 91%
87% Jan. 20 90%
87% Jan. 24 90
125% Feb. 29 126%

Jan. 22
7
Feb.
Jan

24

126% Jan.

Feb.

26

83

Jan.

13

98

92% Feb.

24

90% Feb.

Jan.

5 128
2

Feb.

85% Feb.

18 110

2

28

16 101% Jan.

3

26 100% Jan.
1
94% Jan.

Feb.

23

88

Feb.

1

82

82

Feb.

26

82% Feb.

20

103 % Feb.
79
Feb.

1

104

Feb.

14

19

81

Feb.

23

79

Feb.

2 112

Feb.

2

112

Feb.

79
76% Feb. 23
9 107
105% Feb.

Feb.

7

18

Feb.

21

73M Jan.
105% Feb.

106

27 107% Feb.
81
19
Jan.

"81""

zll2

"79%

Feb.

Feb.
Jan.

102% Jan.

19

Jan.

85

85
82

6

20 111% Feb.

Sale

Sale

Sale
Sale
43

79

Sale

44

"88%

85 M
31
15

"69%

76

Sale"

67

64%

-55 M

Feb.

14

78%
53%
40 M

Sale

15

51%

6

Feb.

Sale
48 M Sale

64

Q

Feb.

1

77 M

45

43%

Sale Prices

7

29

Feb.

98

Sale Prices

90% Feb.
90% Feb.

Feb.

Sale'

Highest

23

88

4

4
4

26

83

Jan.
Jan.

12 104

Jan.

24

82% Jan.

2

19

2 112

79

9 107

9

Feb.
2
Feb.
7
Feb. 21

10%

Sale

50

111%
76%
106%

Sate Prices

Sale Prices

z89%
88%
90 M
89%
Sale
125%
Sale
126%
Sale
84%
Sale
108%
111% 108%

104%

85

10%

J 52

Ask
Sale

1

Lowest

Highest

Sale

101%

98%

Sale

Manila RR South Lines 1st 4s—1959 MN

89

89 M

102 M
82 M

7

89%
89 M

Sale

RANGE SINCE JAN.

Lowest

Feb. 29

90%

Sale

125% 127 M

86

t AMan G B & NW 1st gu 3 Ms.-1941
1947
32,000 Marion Steam Shovel s f g 6s
Certificates of deposit
1,000
Apr 1940
60,000 Market Street Ry 1st 7s
Certificates of deposit
9,000
1945
32,000 Mead Corp 6s with warrants

Feb. 1

91M

126

M S

1953

Ask

89

88%
87 %

101% Sale
100
100%
92 % Sale
86 M Sale
83
81%

1940
2003

1st & ref 5s series B

88,000
88,000
36,000
49,000

PRICES IN FEBRUARY

2-.2

Sale

Feb.

27 107% Feb.
19
79
Feb.

77% Feb.
53% Feb.

14

Feb.

77% Feb.

55% Feb.

52

Jan.

2

Feb.

39

Jan.

27

78%
77%
42%
42%

Jan.
Feb.
Jan.
Jan.

40

Feb.

8

79

Feb.

26

82% Feb.

77% Feb.
43 % Feb.
43% Feb.

29
2

'81 % Feb.
51
Feb.

1

44% Feb.

42

2

29

55% Jan.
42

Feb.

8
12
19
6

82% Feb. 16
81% Feb. 16

2

51

Feb.

28

5

44% Feb.

16

27
8

82

Sale

76

66% Feb.

71

66

Feb.

Sale
Sale

58

Feb.

63
54% Sale
105% 103 M Sale

-

27

Feb.

8

Dec.

7

1
63
Feb.
54% Feb.
103% Feb. 21 105% Feb.

29

5 111% Feb.
28
90
Feb.

28

80

80

Feb.

66
68

1

110% Feb.

111%

86 M

106

Feb.

8

21

64% Jan.

11

76

Feb.

Feb.

8

66

Feb.

66

Feb.
7
52% Jan.
4 68
Feb. 29
52% Jan. 16 63
103% Feb. 21 105% Jan. 17

110% Jan.
80

Feb.

26 112% Jan.

9

Feb.

21

28

90

"

a

Mex Internat 1st 4s asstd.

-1977 M S

a 4s
(Sept 1914 coupon on)—1977 M S
Miag Mill Mach 1st s f g 7s—.1956 J D
Michigan Central RR—?
I
JackL&S gold 3Ms
1951|M S
2, 000
1st gold 3 Ms
1952 MN
7, 000
Ref & Imp 4 Ms series C
1979 J J
15, 000

a

-

252, 000 Michigan Consol Gas 1st M 4s__1963 M S
1940 J D
134, 000 t a Midland of N J 1st ext 5s
j Milwaukee & Northern RR—
*

1st ext 4

a

Ms

*

a Con ext 4 Ms
4 ,000
44, ,000 t a Mil Spar & N W 1st gu 4s
iAMilw & State Line 1st gu 3

1939 J D
1939 J D
1947 M S
Ms 1941 J
J

1934 MiV
40,,000 I AMinn & St Louis 5s ctfe
a 1st & refund gold 4s
1949 M S
21,,000
a Ref & ext series 5s A
1962 Q F
9,,000
121,,000 J*aM St P & S S m 4sstpd guar-1938 f J
*

12,,000

103,,000
5,,000

Alst

cons

♦Alst

cons

a

5s

5s grd as to int
1st & ref 6s series A

25-year g 5 Ms
5Ms series B
26,,000 t AMissouri-Illinois RR 5s
Mo Kan & Tex 1st g 4s
152,,000
a

ser

a

595,,000

1st & ref series F
a

43,,000

118,,000
2,,000

a

90 ,000
147,,000

a
a

31 ,000
337 ,000

a

*

75

74 M

42%

31M

20

12%

14

14%

30 M

73
6M
Sale
2
Sale
5%
6M
3
Sale
55
64

30%
6%

73

1%

3

Sale

27 M

Sale

5%
5% Sale
1%
2%
1% Sale
58%
60%
62% Sale
26% Sale

Sale

14

Sale

13 M
13%

Sale

11%
11%
5%

14%

16%

Sale

17%

Sale

15

Sale

17

Sale

2%
16%
15%
16%

Sale

1967

7M

1965 F

A

1975 M S
1977 MN

1981 F

a

14%
13%
3%
14%
13%
14M
13%
2%
14 M
13%
14%
13%

A

22 M
28 M
33 M

4Ms__

66

----

Sale
Sale
14 K
Sale
14 K
----

Sale
15M

106

6s debentures
1965
106 000
270 ,000 Montana Power 1st & ref 3 Ms--1966
Mont
Tram 1st & ref 5s series A.1941
24 000

D

100

Sale

J

85

Sale

General & refunding 5s A

l955

O

Gen & ref 5s series B__
Gen & ref s f 4 Ms ser C
Gen & ref s f 5s ser D

51

1955

O

51

60
72

O

1955

Morris & Essex 1st gu 3%s_
164 000
Constr M 5s ser A...
53 000
Constr M 4 Ms ser B
115 000

O

51

D

41M

Sale

40

Sale

1968 J D
1947 MN
-1941 MN

Nashville Chat & St L 1st 4s A..1978
30,000
Nassau Elec guar gold 4s
stpd—1951
513.000
Certificates of deposit
591,000
National Acme 4 Ms extended. .1946
3,000
National Dairy Prod deb 3
Ms w w '51
183,000
fNat Distillers Products 3Ms... 1949
95,000
_

F

A

J

J

a

15

il*

1%
16%

M

15

13

Feb.

20

6% Feb.
1% Feb.
1 % Feb.

7% Feb.

5

5

Feb.

5

Feb.

5% Feb.

1

6

9

5% Feb.
1% Feb.
1% Feb.

20

Feb.

27

Sale'

13

Feb.

26

Sale

11% Feb. 29
12% Feb. 27
5% Feb. 29

13

Feb.
Feb.
Feb.
Feb.
Feb.

16

Feb.

1

23

17% Sale

16% Feb.
1% Feb.
16% Feb.

17

17

Sale,

17

Sale

17

Sale

17%
16%

Sale

1% Sale
Sale

16%

Sale

17%

Sale

16

Sale

17

Sale

16

Feb.

79

73

74

73

Feb.

34

18%32%

38%

52%
53% 51
106
106% 108
110

Sale

111

Sale

99%
83 %
54%
54%

24%
Sale
Sale
55
Sale

110%
110%
99%
86
83%
56% 54%
72
54%

Sale

17

91% Jan.
62

Jan.

101% Jan.
9% Jan.

2

18

18% Jan.

17

94% Feb. 23
66% Jan.

3

2 103% Feb.

15

27
17% Feb. 29

22% Feb.
13% Jan.

28

32

15

15% Jan.

3

5% Jan.
1% Jan.

15

7% Jan.
2% Jan.

26

2

23

15

1

Jan.

22

13

4%
4%
4%
1%
1%

Jan.
Jan.

23

2

4

Jan.

3

Jan.

4

Jan.

23

Feb.

28

10

8

59

Feb.

20

70

Jan.

30

9

26

Feb.

27

31

Jan.

3

6
17% Feb.
7
14% Feb.
12% Feb. 23

13

Feb.

26

19%
15%
16%
8%

Jan.
Jan.
Jan.
Jan.

2
4
2
4

18% Jan.

25

7

Feb.
Feb.
Feb.
Feb.

Feb.

19
29

28

5

11% Feb. 29
12% Feb. 27
5% Feb. 29

13% Jan.

12

15

14

Jan.

4

13

Feb.

8

17%
16%
1%
17%

Feb.
Feb.
Feb.
Feb.

Jan.
Jan.
Jan.
Jan.

30

17

2%
13%
13%
13%

23

13

Jan.

9

19

Jan.

17

Jan.

9

17

Feb.

1%
13%
15%
13%

Jan.
Jan.

18

17% Feb.
24

4

Jan.

Jan.

1% Feb.

1%
59%
69%
29%

23

Jan. 23
Feb. 19
Jan. 17

Feb.

16

Jan.

20

53

Feb.

2% Feb.
17% Feb.

1

Jan.

6%
5%
6%
2%
1%
59%

17

9
8

8

9
9

12

12
12

12

17

Feb.

8

14

Jan.

4

73

Feb.

24

68

Jan.

15

25

Jan.

Feb.

17

13

15

Jan.

3

lIK

Jan.

24

Jan.

25

18%
17%
2%
18%

Jan.

25

Jan.

2

Jan.

25

17

Feb.

9

18% Jan.

25

Jan.

25

17% Jan.

24

73

Feb.

24

Feb.

20

Feb.

20

Feb.

21

20% Jan.
26% Jan.

25

34

18

34

Feb.

21

39

Feb.

21

32

Jan.

15

39

Feb.

21

54% Feb.
26 106% Feb.

11

51% Jan.

12

54% Feb.

22% Feb.

Feb.

17

Feb.

13

28% Feb.

106

Feb.

2

13

16% Feb.

33% Feb.
53% Feb.

2

6% Feb.

17% Feb.

Feo.

71

19%
22%
28% Sale

19
29

Feb.

2
2

6

Sale
109% Feb. 21 110% Feb. 17
110% Feb. 17 Ill
Feb.
2
Sale
1
5 100 r Feb.
99% Feb.
Sale
8
2
84
Feb.
83% Feb.
85
27
55M Feb. 27
57%
55% Feb.
72

105

Jan.

109%
109%
99%
83%
55%

Jan.
Jan.
Jan.
Feb.
Jan.

12

8 107

Jan.

11
25

3 110% Feb.

17

8 111%

Jan.

25

12 100% Jan.

11

2

86"

Jan.

56% Jan.

17
9

36 M
108 %

116M
101%

67%
42

68
54%
68
43
Sale
Sale
42% 40% Sale
.35% Sale
Sale
107 V 108% 108% Sale
118
117% 120
119%
101%
105%
54%

Sale
Sale
-----

9

28

3

29

2

42% Feb.

41%
36%

39

—.

Sale

68

44

49

Sale

Sale

46

Sale

70%

70

Sale

81

Feb.

120

Feb.

6 120

101 % Feb.

9

Feb.

14
6

101% Feb. 20

47% Jan.

11

28
44% Jan.
Jan.
35% Feb. 29 39
107% Jan. 29 109% Feb.

10

41 % Jan.
Feb.

2

39

118

Jan.

101% Jan.

6

10 101% Jan.

3

70% Feb.

17

66

Jan.

18

49

Feb.

I

81

Feb.

29

81

Feb.

1

Feb.
Feb.
Feb.

26

2

5

102% Feb.

106% Feb.

14

106

Jan.

105

51%
5 102%
1 107%
1 105%

43% Jan.
42% Jan.

3

46

Feb.

10

104

Jan.

Sale

105

Sale

102% Feb.
Feb.

4

14

Feb.

4 120

69% Feb. 28

105

102%

108

45% Feb.
43% Feb.
37% Feb.
2 109% Feb.

Sale

Sale

102%

26

Feb.

35% Feb.

44%

104%

70% Jan.

25

Feb.

29

51 % Feb.

26

5 102%

Feb.
2 107% Feb.
3 105% Feb.

5
14

10

(

J
J
J

%

%

O

%
%

%

O

%

%

%
%

J

%

O

%

M

o

%
Vs

1M
-----

%

""%

o

a

o

1954
5,000 I a Naugatuck RR 1st g 4s
Newark Consol Gas 5s
1948
1,000
l.OOn t a New England RR cons 5s guarl945
a Cons guar 4s.
1945
5,000




Sale"

15

28

Feb.

26

M S

a

For footnotes, see page 30.

Sale

23

Feb. 27
Feb. 29

15

16%
16%
2%
16%
16%

2%

Feb.
Feb.

26

22% Feb. 28
13% Feb. 13

5

Sale

D

4s April 1914 coupon on
1951
4s April 1914 coupon off....1951
a Assent warr & rets No
4 onl951
1,000
National Steel 1st M 3s
1965

217.000

7

13%
15%

94%
65%
103%
1
17%
1

Feb.

107

1926 a

a

69%

6

16

56
59

Sale

.

a

64

5

106

a Assent warr & rets No
4 onl957
4s April 1914 coupon on
1977
a 4s April 1914
coupon off
1977
* Assent warr & rets No 5 on 1977 A
Nat RR of Mex prior lien
4Ms—

on.

2%
1%
Sale

2%
2%
Sale

MN

J

4mb July 1914 coupon on_1957
4Ms July 1914 coupon off. 1957

*a Assent warr & rets No 4

1%
1%
57

»*

7

50% Sale
102%
106% Sale

a

_

68

42 M

National Rys of Mexico—
a 4
Ms Jan 1914 coupon on_1957
a

Sale

7%
1%

15"

O

1955

1955 m N

Mutual Union Tel 5s
8, 000

109% 109M
110M 111%

2000

1955 m N

28, 000 Mountain States T & T 3 Ms
Mutual Fuel Gas 1st gu 5s
5 000

Sale

5 %

33

O

...

5

Sale
Sale
Sale
59

105%

1%
1M
5M Sale

70

1960

3 000

25

Sale
Sale
8%

7%

7% Jan.

57

Sale
73

14 %
16 %

1978

a

1st mtge

52

1962

F

71 000

17%

91% Feb.
96
66 M
63% Feb.
102% Feb.
Sale
12% Feb.
Sale

Sale

M 5
Sec 5% notes
1938 M S.
1991 M S
5 ,000 Mohawk & Mai 1st gu g 4s
50 000 Monongahela Ry 1st M 4s ser A.1960 MN
Monongahela West Penn Pub Serv—
*

92%
63

103 M

Sale

Montgomery Div 1st g 5s
1947
Refunding & Improv't 4MS-1977

a

66

15

J

a

94%

Sale
Sale

27

j

85 ,000
697 ,000
625 ,000

63

1—Jam—4

18% Jan.

49

.July 1938

2 ,000

92

102 M
12 M

g

75%

16

J

Certificates of deposit

Mo Pac 3d 7s ext at 4%
JMobile & Ohio RR—
a

9M

Sale
74
Sale
12M

65

76

Feb.

V

%

Sale

1946 J

1949 MN
1980 A O

1st & ref 5s series I
a

39 ,000

91M
65 M
101M

65

6

—...

19

J

1978 MN

1st ref gold 5s series H
a Certificates of deposit

88

%
%
16%

1962

J

1938 J

Certificates of deposit

1st & ref g 5s ser G
a Certificates of deposit
Convertible gold 5 Ms

~i6%:::::

1990

1938 J

A. .1959

Missouri-Kansas-Texas RR—
Prior lien 5s series A
191,,000
40-year 4s series B
87,,000
Pr lien mtge 4Ms ser D
20.,000
ACum adjust 5s series A Jan
181,,000
J AMissouri Pacific RR Co—
Alst & refund 5s series A
99,,000
a Certificates of
deposit
7,,000
AGeneral 4s
264,,000

%

-----

13

T%- —7"—Feb".

7%

5%
1%
Vs
6%
5%
6M
2%
1M
50 M
63 %
29 %

1949 M 8
1978 J J

1st ref

33";ooo

M

—7

a

o

A

O

102

MN

68

73

123

124

J

D

J

J

J

J

33 M
35

Sale

60
Sale

%

% Jan.

3

Jan.

19

% Jan.

25

Jan.

6

u

%
%
%

1%

%

1%

%

%

Feb.

23

% Feb.

% Jan

103 %
66

Feb.

29 103% Feb.
ly
70% Feb.

102

Jan.

103% Feb

Feb.

70

Jan.

Eeb.
Feb.

7 124% "Feb.
17
35% Feb.

123% Jan.
35% Feb.

%
%
%
%
102
Sale
102
Sale
73
70
66%
71
123% 125^
124%
37%
39% 36
38%
35%
36
36
36
36%
37%

Feb.

2

W

37

Feb.

Feb.

•

34

Jan.

71

25
8

Jan.

11

124% Jan.
36% Jan.

31
5

37

Feb.

3

Sales in

Jan. 2,

,000 New England T & T 30-yr 5s A.1952 J D
1st g 4Ms series B
,000
1961 m n
F A
N J Junction RR gu 1st 4s
1986
33 600 N J Pow & Light 1st 4 Ms
I960
47 000 New Orleans Great Nor 5s ser A_1983
14 000 N O & N'eastern ref 4 Ms ser A_1952
36 000 New OrleansP S 1st & ref 5s A. .1952
79 000
1st & ref 58 series B_ F1955
28 000 New Orleans Term 1st 4s guar. .1953
8 000 t*AN O Tex & Mex income 5s_.1935
24

iCertificates of deposit—
iFirst 5s series B

006

18 000

iCertificates of deposit
Alst mtge gold 5s series C
iCertificates of deposit

*2~

000
35 000

Alst 4%s series

D

Feb. 1

1940

N. T. STOCK EXCHANGE

Value

1954 A O

1956

F

1956

F

A

1954

A

O

A

4 000

12 000 Npt & Cin B gen gu g 4Ms
New York Central RR—

129M

125% 126 M 125 M

Sale

*70"

126 M 126 % 127
69 %

"70%

Sale

108M 109 M 108 M 109

107M
69

74M

72

52 M

56

54

105M 106
105M Sale
68 M
67
29 M
34M
34M

37

35 M

Sale

32 M

166 000

Consol 4s series A

83 000
726 000
415 000

10-year 3 Ms secured s f
Ref & impt 4 Ms series A
Ref & impt 5s series C

126 000

Conv secured 3 Ms

Sale

104 M

Sale

58,000
15,000

71

70
25 M
30 %

Sale

30 M
30

37

29 M
29

Sale

559,000
82,000
130,000
54.000

87,000
11,000
20,000
17.000
49.000

49.000

35

30

Feb.

32

33

29

Feb.

31M

40

28

32 M
34 M

33

7 109

Sale
-----

Sale

111

1998

F

A

61

Sale

-1946
2013

A

O

74 h

Sale

77 M

A

O

55

Sale

A

O

60 M

Sale

mn

61

Sale

51M
57 M
57 %

Sale
Sale
Sale
Sale
Sale

J

78M

78%
86 M
58 %

79 %
87 M
Sale

32 M Feb.
28
Feb.

3
6
13
2

1

29

29

"34%

37 M

32 M
111

35

1
31M Feb.
33 M Feb. 21

Sale

31M
28M

Ill

58

Sale

77 M

Sale

Feb.

Feb.

Sale

53 M Feb.

27

Sale

79M Feb.

1

Sale

82 M

84

1

%

Sale
Sale

109

Sale

6,000 N Y Gas El Lt Ht & Pow 5s...1948 J D
Purchase money coll tr g 4s. .1949 F A

125M
117M

Sale

11M
30.000 aN Y & Greenwood Lake 5s—1946 mn
4.000 N Y & Harlem g 3 Ms
2000 mn 100M
53 M
19.000 N Y Lack & Western 4s ser A..1973 mn,
Guar 4Ms series B
11,000
—1973 mn| 62 M
61
iNYLE&W Coal & RR 5MS-1942 mn!

*3;000

iDock & impt

3,000 N Y & Long

1st 5s
Branch gen 4s

1943
1941

J*iN Y & N Eng (Bost Term) 4sl939
+iN Y New Haven & Hartford—
1947
iNon-conv debenture 3 Ms—1947
iNon-conv debenture 3 Ms
1954
iNon-conv debenture 4s
1955
iNon-conv debenture 4s
1956
iConvertible debenture 3 Ms. -1956
iCon vertible debenture 6s
1948
iCollateral trust 6s
1940
iDebenture 4s
1957
iNon-conv debenture 4s

2.000

1.000

44,000
39 000

_

37.000
41.000

197.000
32.000
45.000

126.000
21.090

89.000

of 1927
1967
t iHarlem R & Pt Ches 1st 4s.1954
jaN Y Ont & West 1st g 4s
1992
ilst & ref 4Ms ser

J

A

O

Feb.

8

59M Jan.
Feb.
85M Feb.

15

10

14

JaN Y Prov & Boston gen

4s—1942

11,000 N Y & Rich Gas 1st 6s A

1st ref g 5s. 1937
gold 4Ms_—1937
iGeneral gold 5s
1940
iTcrminal 1st gold 5s.
1943
Y Tel ref 3 Ms series B__
1967
Y Trap Rock 1st s f g 6s
1946

1.000

22.000
7.000
37.000 N

10.000 N
33.000

1946

6s stamped

149,000 J*iN Y Westches & Bos 1st 4Ms 1946
41.000 Niagara Falls Power 3 Ms
1966
48.000 Niag Lock & Ont Pow 1st 5s A. .1955
60,000 Niagara Share (Mo) deb 5 Ms -1950
123.000 ♦JiNorfolk South 1st & ref 5s A. 1961
iCertificates of deposit
61,000
1941
34.000 ♦tiNorfolk & South 1st g 5s

Debenture 3Ms

54.000

Debenture 4s

•

1954
1959

194,nnn
225.000
164.009

756.000
53.000

68.000

100,000

48,000 iiOgden & Lake Ch 1st guar g
3,000 Ohio Connecting Ry 1st 4s

4sl948

17

16 M

16 M
15 M

19M

Sale

19M

Sale

29 M

5%

Sale

5M

18M
60M
5M

Sale

F

A

J

J

D

80 M

j"

M S
A

O

mn
F

A

mn
O
A

F

A

F

A

A

Feb.

9
42

110M
86

Sale

57

16

Feb.

16

2

16

16

15

23

15

14

3

108"

104 M
11

5M

7

108""

110

Sale

86

Sale

85

87

Sale

89

110M

90 M

11 %

11M
54%
124 M

12 %
12M

13

57

60

Sale

12M Sale
65

Sale

Sale

112

113

107 M

107 M
.....

37 H

45

40 %

52

39

Jan.

6

Feb.

24

16

Jan.

11

18M Jan.
28M Jan.

6

20M Jan.

11

12

33

Feb.

27

18M Jan.

22

20

60

Jan.

24

5M Feb.
2M Feb.

27

Feb.

5

Feb.

Jan.

6

9

3

6% Jan.

8

Jan.

10

22

13

Jan.
63
6m Jan.
3% Jan.

16

52

Jan.
Jan.

9
16

4

3

45

Feb.

16

107 % Feb.20 108M Feb.

20

107% Feb. 20 110

Feb.

19

19 105M Feb.

6

106M Jan.
104M Jan.

12 108m Jan.
3 105m Feb.

23
6

104

Jan.

9

Jan.

23 105 m Feb.
15
17m Feb.
Feb.
7
8

29

46

Feb.16

Feb.

105 M Feb.

104% Feb.

15 108

1

11

Feb.

1

7

Feb.

e

6M Feb.

2

Feb.

9

109M Feb.

6

48

105M Feb. 27
17 M Feb. 29
7

Feb.

9

SM Feb. 28
50

Feb.

14

110M Feb. 24

5M Jan.
5M Jan.
39M Jan.
100% Jan.
85M Jan.

Feb.

1

87

Feb.

1

87

Feb.

1

17

87

Feb.

Feb.

29

90M Feb.
6M Feb.

14

5

Jan.

12 M Feb.
10
Feb.
70

Feb.

9

8m Feb. 28
Feb.

14

30 110m Jan.
Feb.
87
15
1
90 m Feb.

10

6m Jan.

8

11

3

50

1

17

110

Jan.

9 112

Feb.

7

Feb.

7

108

Jan.

20

102

Feb.

25 109
29 104

Jan.

26

Jan.

11

16
2

Feb.

7

15

14 m Jan.

11

12M Feb. 14

11m Jan.
10
Feb.

16

13 m Jan.

11

66

54 m Jan.

22

66

Feb.

24
8

23

Feb.

24

29 125M Feb.
14 106 M Feb.

8

3 114

6

7
14

.....

114

Feb.

3

—-

107M Feb. 21 107 M Feb.

21

Feb.

15

27

29 103M Feb.
2
13% Feb.

Feb. 23 112
Feb. 24 109
Feb.

121m
104%
105m
105%

Feb. 29 125 m Feb.
Jan. 27 106 m Feb.
Feb. 15 106 % Jan.
Jan.
Jan. 26 108

114

Jan.

107m Jan.

6
19
4

Jan. 29
31 107m Feb. 21
29 114

45

Sale

42M Feb.

1

Feb.

24

47

Feb.

5

47%
108 M

Sale
Sale
Sale
Sale

54

47

Feb.

108

7%

Sale

57 M

55

Sale

54 M

Sale

45 M
48

48

48 M

Sale

Sale

Sale

109 M

Sale

Sale

46

86

44

49

21

66% Feb.
42 M Feb.

Jan.

29

40

64

Jan.

19

68 m Jan.
42 m Jan.
47 m Jan.

9

39m Feb. 26

46

Feb.

9

58M

Feb.

9

42
53

49M Feb.
49M Feb.

13

8

Feb.

24

109% Feb.

13

2
8% Feb.
108M Feb. 23

26

Jan.

40
2

1

Jan.
Jan.

46 m Jan.
46
Jan.
108
Feb.

20

19
16

13

29

60 m Jan.
51 m Jan.
51 m Jan.

24 109 m Jan.

95

9K

8

107
108

Sale

1967

M S

1st mtge 3 Ms
28.00O Oklahoma Gas & Elec SMs
4s debentures
17.000

1972

J

Sale

108 M
109

108 M

109

106M 106%

107 M

Sale

Sale

110M

Sale

107 M
110

106

Sale

107.9

108

106 M
107 M

ios""

106 %
105

105 M

116

117

3

J

117

3
3

105M
76 %

J

D

1964 J
102.009 Pacific Gas & El 4s series G
1st & ref mtge 3 Ms series H..1961 3
157.000
1st & ref mtge 3 Ms series I.-.1966 J
88.000

D

112%

Sale

D

108 M

109 M

59

113

Urn
Sale

Sale

Sale
Sale

16

Feb.

13

108

Feb.

1

Feb.

10

Sale

109

Feb.

28

109

Sale

107

Feb.

7 109M Feb.
8 108
Feb.

112

1098^

Feb.

9

Sale

106M Feb.
104% Feb.

106

110M Feb.

29 107

9
1

Feb.

9

19 107M Feb.
2 lOnM Feb.

2

0
117M 105 M 117M 105M Feb.
111 M
Sale
110M Feb. 17 Ill M Feb. 19
1 117M Feb.
1
117
Feb.
Sale
117 M
1 118M Feb. 24
118
Feb.
Sale
118
118M Sale
6
Sale
106
105M Feb.
106M Feb. 24
105M 106
5
Feb.
Sale
74 M Sale
76
V74M Feb. 27 77
6
60 M
59
61
59M Feb. 21
58M Feb.
112
Feb. 28 112M Feb.
2
112 % Sale
112M Sale
110K Feb.
1 111M Feb. 19
111 M Sale
110% Sale
Sale
1 109M Feb.
107 % Feb.
Sale
109
7
108

105M 117 M
110% Sale

J

7M Feb.
108

Sale

108

'

110

J

D

17
17

15

Sale

49

J

17

Feb.

Sale

J

D

Feb.

10

Jan.

3

64 M Feb.
39 M Feb.

J

J

5M Feb.
2M Feb.

Sale
Sale

43

mn

2
7

5
19M Feb.
62M Feb. 26
9
5% Feb.

40%
64 %
40 M

Sale

J

,

50

Sale

7M

Feb.

16

Jan.

49

Sale

J

6

15 106M Feb.
M 106 M 106M Feb. 28 107% Feb.

42

M

19M Feb.
30"a Feb.

Feb.

18 M Feb.
60 M Feb.

iSale
5
6
5M
Ill M
111 M 111% ll'lM vSale
108 M 108M 108M
108 M Sale
102
Sale
102
103 M Sale

46 M

1945

55
Sale
Sale

J

1946

Sale

Sale
Sale

8

J

5s_.1946
5s stamped
1946

Sale

10M

7

F

3

19 M Feb.
Feb.

107M 107

48 M

42

Sale




45

105 M
"17 M

8

Sale

For footnotes see page 30.

5M Sale
4
8M

66 M
40

1966 J D
1946 J D
1943 F A

63

Sale

Sale

5

108 M
108 M

1st guar cons
16.009
137.009 Ore-Wash RR & Nav 1st & ref 4s 1961
.1962
97.000 Otis Steel 1st mtge 4Ms A
1946
15.009 Pacific Coast Co 1st g 5s.

;t*

-

18%

105 M 106

108 M

34.000 Oregon RR & Nav con g 4s
25,009 Oregon Short Line 1st con g

5

106

5

28.000 Ontario Power N F 1st 5s
3.000 Ontario Transmission 1st 5s

29

108M 107

106 M
105

1965 MN

97 ooo

Sale

17

82

48%
109%

49

J

16m Jan. 16
15m Feb. 23

9

03.000 Ohio Edison 1st mtge 4s
1st mtge 4s
26.000

1943

20

Feb.

Sale

50

109M

Jan.

16M Feb.

106

J

16

17

Sale

A

29

16

Sale

F

20

17

107

J

28

Feb.

Sale

105 M

40

Feb.

16 M

Sale

13
Feb. 26
99M Feb. 17
60
Jan.
8
64
Feb. 23
67

16 %
15

Sale

5
23

72

16 M

19 M

23

30

Jan.

29 M

24

Jan.

15

Feb.

2

31

71

15M Feb. 23

16

14

25

20

6

106

Sale

23

Feb.

Feb.
Feb.

3

65" Feb". *26

15M Feb. 23

Sale

M

Feb.

64

16

Sale

68

12
17
2

15M Feb.
16M Feb.

i06M

36

11% Jan.
99M Feb.
53M Jan.

15 M Feb.

105%
106%

37*" "i5"

82 %

30

126M Jan. 29
118M Feb. 19

16

121 M Feb.
121 M Sale
106 M 107
105M Feb.
195M 105 M 105M Feb.

O

J

Feb.

125M Jan.
117M Jan.

17

31M
5M

19

16

Sale

16

122 %
106

105M 117

19

15 M

Sale

9M
6M

22

20

15 M

5M
2M
78 M

Sale

61M
53M
77M
81 %
78M
104%

15 M
Sale

Sale

88 M
4%
4%
109 M 110M
108 M 109 M
103 M 103 M
12M Sale

l\y>

72

66

83M

J

15

61 M

Sale

J

71 M Feb.

62

106M 108M
104M 106

5M
5M

"28

18 M
Sale

*54* *

38 M
110

23

Feb.

17M

32 M

mn

Feb.

67

99%

J

9

64

"26

74

O

105

23

Feb.

75M

mn

A

Feb.

65""

72 M

A

F

64

69

99 %

J

J

70

73

Sale

109M

63
64 M
60

-----

15 M

8

75

70

70

15 X
15%
15M

ref 5s ser A..1974 m s
Gen & ref 4Ms series A
1974 m s
tiNorthern Ohio Ry 1st guar 5s

Apr 1 1935 and sub coupons..1945
lOct 1938 and sub coupons...1945
iCertificates of dep stamped
Apr '33 to Oct '34 coup
1945
April *33 to Oct *38 coup.-.1945
Northern Pacific prior lien 4s__1997
Gen & lien ry & id gt 3s__Jan 2047
Ref & impt 4Ms series A
2047
Ref & impt 6s series B
2047
Ref & impt 5s series C
2047
Ref & impt 5s series D
2047
Northern States Power 3Ms.--.1967
N'western Teleg 4M8 extended.1944

26

99M Feb.
58M Feb.

J

1.000 North Cent gen &

1,000

Feb.

19

J

125.00O Norfolk & West Ry 1st con g 4s. 1996 A
11 =4000 North Amer Co deb 3 Ms—- —1949 F
79.0on

'15

17

15 M
15 M

167.000 New York Steam Corp 3 Ms...-1963 J
iSecond

15

56M Feb.

16M

1951 mn

179.000 J*iNY Susq & West

11% Feb.
99 M Feb.

75

78

19

118.M Feb.

57

16 M
101M

75

3M

16

26

13 M

15

O

118

Sale

55

15

A

118

95

O

s

10 126M Feb.

Feb.

124M 125 M 125M Feb.

3

Jan.

13

O

m

9

15

3
4
2

Jan.

58 M

A

mn

Feb.

56M Jan.
62% Jan.
63 % Jan.

67

99 %

A

D

79

60

55 M
58

99M

J

2

22

15

11H

16

J

Jan.

27

95

75M

J

Jan.

62

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

■

125 M
117 %

M s

mn

Jan.

31

31 111
23

3
86
Jan.
Feb.
1
82
81 M
Sale
81M Feb. 27 85
16 105M Jan.
105M 105 M Sale
104% Feb. 16 105M Feb. 14
Feb.
15
106
108M
Jan.
106
Feb.
Sale
107
Feb.
5
15
104
108M 107
1
52 M Feb. 24 t~50M Jan. 15 52 M Feb:
51M Sale" -50m:~52"mn5•lM^FebT
47
Jan. 24
51M Feb.
1
52
49
Feb.
50
49
Sale
51M Feb. 23
Feb. 26 109M Jan.
Sale
108
Feb. 26 109 M Feb. 16 108
108
108M Sale
Jan.
7 110
9 108M Feb.
7 109M Feb.
108 M Sale
104 M HO
108M Feb.
85

63 M
65

18*
llH

Jan.

56M Feb.

105

75 M

6.000 N Y & Putnam 1st con guar 4s_.1993 A O
32,000 N Y & Queens El Lt & Pr 3 Ms.-1965 MN
New York Railways Corp—
Prior lien 6s stamped
--1958 J J
9.000

*

63

m S

1995 J D

iGeneral 4s

5.000
"

J

13 M
102
Sale
65

Ill

1

18

79M Jan. 30
90M Feb. 29
59M Feb. 28

N Y & Erie—See Erie RR.

40,000

Jan.

2

15

54
82

.49

32M Feb. 28
3
39M Jan.
33 M Feb. 21

Feb.

33

17

56M Feb.
82% Feb.
85M Feb.

Sale
Sale

109

1

29

31M Feb.

3
13

Jan.

9

79 M
84

28

34 M

Jan.

3

53 M

Feb.

2

86

Feb.

Sale

15

56

Feb.

Sale

Jan.

34 M Jan.
37 M Jan.
32 M Feb.

Feb.

28

6

90M Feb. 29
59M Feb. 28

67

57 M

38

4
8

27

60

81

Jan.

27

3

64

30

Feb.

Feb.

Sale

12

56M Jan.

63

60

64

8

Jan.

77

Sale

58

5

Feb.

5

6
Feb.
9
57M Feb.
56M Feb. 27

Sale

3

Jan,

13

Feb.

65

Jan.

32M Feb.

Feb.

A

23

30

79

86 M

23

Feb.

Feb.

60

F

52—Sale"

30

30

Feb.

Jan.

2

Sale

85

Jan.

Jan.

29

27

Sale

77

30

Feb.

77 M
Sale
59 M Sale
56 M
59

59

15

78M
55 M
105M
106 Vs
71M
29 M

30

Feb.

57
77

11

11
3

57

Feb.

10

Jan.

Feb.

86

83 %

Feb.

2 109

16

25

61

75 M
90 M

Sale Prices

3 128M Jan. 10
17 127 M Feb. 10

27M Feb. 21

1

J

81M

Feb. 13
Feb. 28
Feb. 28
Feb. 20
Feb. 21

79

A

75

32M
34M
32M
36M
33M

60M Feb.

F

105M Sale
105M 107

8

28

J

58 M

14

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

54M Feb.

51M Feb.
57% Feb.

1998
1998

-

Feb.

107M
69M
53 %
102M
103M
66M

1

52% Sale
58 M Sale
58 M Sale

1942
_

24

31M Feb.

1 111

1997

$ St Louis—
Refunding 5Ms series A
1974 A O
Refunding 4Ms series C
1978 m 5
4s collateral trust
1946 F A
1st mtge 3 Ms extended to
1947 A O
3-year 6% notes
—1941 A O
N Y Connecting 1st gu 4Ms A.. 1953 F A
1st gtd 5s series B
1953 F A
N YDockrlst gold4s- ;."_-—-—1951 FA
Convertible 5% notes
1947 A O
N Y Edison 3 Ms series D
1965 A O
1st lien & ref 3 Ms series E... 1966 A O

35

26

Lake Shore coll g 3 Ms
Mich Cent coll g 3 Ms

3 Ms

Feb.

125% Feb.
124M Jan.

56M Jan.
74M Jan.
51 % Jan.

57 M Feb.
77 M Feb.

Debenture 4s of 1912

79 M

New York Chicago

106.000

Feb.

72M Feb.
6 78M Feb. 23
"55" 59 M 53 M Feb. 10 55M Feb.
103 M Feb.
104 M Sale
2 104M Feb.
104
Feb. 15 105M Feb.
105 M Sale
69 M
70
Feb. 19
69 %
71M Feb.
28
34
27M Feb.
27M Feb. 21
78 H

32

58 M

2013
1952

126M Feb. 20
127M Feb. 10

1

Highest

Sale Prices

Sale Prices

Sale Prices

125% Feb.
126M Feb.
108

Lowest

Highest

J

91,000 N Y C & H R g mtge
250.000

*37 % ~40""

If*

104M

Sale

107"" :::::

1945

Ask

Ask

127

125M

•

Alst 5 Ms series A
iCertificates of deposit

Ask Bid

Bid

Lowest

Feb. 29

Bid

28

iCertificates of deposit—

3 000
44 000

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price

bonds

February

H

exchange—bonds

stock

n. y.

March, 1940]

105M

8% Jan. 23
7M Feb. 16
2
Feb. 13 108 m Jan.
5
107m Jan. 23 109 m Jan.
2 109m Jan. 23
108m Jan.
Feb.
9
5
108
106% Jan.
109% Jan. 22 110m Jan. 11
Feb.
9
5 107
105m Jan.
104m Feb. 19 108m Jan. 11
2
2 105 m Feb.
105m Feb.
110M Jan. 16 111M Jan. 26
1
116m Jan. 15 117M Feb.
13 118M Feb. 24
118
Jan.
18 106 m Feb. 24
104 m Jan.
Feb.
5
77
74 m Feb. 27
60 % Jan. 27
6
58m Feb.
108

Jan.

27 113% Jan.

4

109m Jan.
107m Jan.

30 112m Jan.
26 109 m Feb.

10

112

7

28

n. y. stock exchange—bonds

Sales in

bonds

Value

n. y. stock exchange

U
F

A

3
A

J
O

J

D

3

J

M S
f

a

1

Jan. 2,

1940
Bid

7,000 *APacific RR of Mo 1st ext 4s__1938
*A2d extended gold 5s
-1938
19~66O Pacific Tel & Tel 3 Ms series B._1966
79,000
Ref mtge 3MS series O
1966
Paducah & Illinois 1st s f 4 M8--1955
68",000 H Panhandle Eastern Pipe L 4s A1952
Paramount Broadway Corp—
70,000
1st mtge s f g 3s loan ctfs--.-1955

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price

February

75
68

Feb.

Ask

80
80

109 m 109 M

110M 110M
101%
104 M 105
48 m

50

1

Lowest

Highest

Lowest

Feb. 29

Sale Prices
Sale Prices
Ask Bid
Ask
Feb. 17
74 M Feb. 26 75
74 M
70
79M
70
74M
75M
108 M 109
6
108 M 109 M 108J4 Feb.
2 109M Feb.
109 M 110M 110M
110M Feb.
6 110 M Feb. 15

Prices

74M Feb. 26

Sale Prices
79
Jan. 30

75

75

Bid

101%

---<t

103 M

Sale

49 M

Sale

101M 104
103 H 103 % 103M Feb.
50

Sale

49 M Feb.

85 M

Sale
43 M

84 M Feb .
43 M Feb.

Highest

Jan.

24

Jan.

24

108% Jan.
109M Jan.

25 109% Jan.
24 110m Jan.

11

12 104% Jan.

12

1 103 M Feb.

3

103 M Jan.

Feb.

14

48M Jan.

25

50

84M Jan.
43M Jan.

3
31

86% Jan.

8

45
Jan.
9 125% Feb.
Feb.
2 72

26

1

50

Jan.

10
10

Paramount Pictures Inc—
M S

64,000

3 Ms conv debenture
1947
15,000 Parmelee Trans conv deb 6s
1944 A O
7,000 Paterson & Passaic G & E 5s___1949 M S
5,000 APaulista Ry 1st & ref 7s ser A__1942 MS

Pennsylvania Co—
Guar 3 Ms coll tr ctfs ser B...1941
Guar g 3 Ms tr ctfs ser C
1942
Guar g 3Ms tr ctfs ser D
1944
13,000
40-year guar tr ctfs 4s ser E__1952
129,000
28-year 4s
-—1963
35,000 Penn Dixie Cement 1st 6s A—-1941
3,000 Penn Glass Sand 1st mtge 4%s_1960

2,000
5,000

F

A

J

D

J

D

MN
F A
M S

3

D

83H'
41M
124

67 m

84M
44

Sale

102 m
104 %

85
43 m

125

125
70

105 % 106

102M
105%
106 M

104 M
103

105 M
103 m

94

105M

--

104%
Sale

98%
-----

96

105

86

44 m
126
Sale

-----

42 M

125 % 126M 125
70
70
72

102 M
105 M

Feb.
Feb.

102% Feb.
105 % Feb.

3
8 85 m Feb.
2
17 44M Feb.
5 125M Feb. 26
72
Feb. 20
1

10 102% Feb. 10
14 105M Feb. 14

124

67M Jan.

102M Jan.
105% Feb.
106

107
105 M Feb.
105M
103 M 104 M 103 M Feb.
Sale
Sale
94
Feb.
95 M
97 M
105 M Feb.
106% 106 M
-

19 106M Feb. 10
8
2 104 M Feb.
97
Feb. 19
1
7 106M Feb. 20

Jan.

Jan.

3 102% Feb.
14 105% Feb.
5 106
Jan.

104M Jan.

5 106% Feb.

Jan.

6
20

10

14
5

10
8

94

Feb.

2 104% Feb.
1
97% Jan.

105

Jan.

4 106m Feb.

96M
97M
107%
107 "
108%
113m

Jan.
Feb.

3

98M Feb. 15

1

99

103

19

20

Penn Ohio & Detroit

RR—.
108,000
1st & ref gold 4Ms series A—1977
33,000
4%s series B
—1981
221,000 Pennsylvania Power & Lt 3 Ms--1969
85,000
4Ms debentures
—1974
1,000 Penn RR consoi gold 4s
1943
80,000
Consoi gold 4s
1948
28,000
Stamped dollar bonds- - - - -1948
234,000
Gen mtge 3 Ms series O
1970
105,000
Consoi 4Ms issue of 1915
1960
449,000
General 4Ms series A
—1965
128,000
General 5s series B
1968
341,000
Debenture gold 4 Ms—
1970
251,000
General 4%sseries D-------1981
157,000
Genjmtge 4 Ms series E
1984
214,000
Conv deb 3 Ms
•--1952
57~,000 P-eoples Gas~&_Goke 1st 6s- .—-1943
19,000
Refunding gold 5s___
—1947
175,000 Peoria & East 1st cons 4s
1940
86,000
ilncome 4s (flat)
- -1990
Peoria & P.ekin Un 1st 5Ms A. _ 1974
44,000 Pere Marquette 1st 5s series A__19£>6
22,000
1st 4s series B
1956
52,000
1st g 4Ms series C
—1980
120,000 Phelps Dodge conv 3 Ms deb—1952
25,000 Phila Bait & Wash 1st g 4s
1943
3,000
General 5s series B
1974
6,000
General g 4Ms series O
1977
7,000
General IMs series D—----1981
246,000 Phila Co secured gold 5s
---1967
81,000 Phila Electric 1st & ref 3 Ms
1967
43 ,000 t APhila & Read O & I ref 6s—1973
63,000
AOonvertible deb 6s
1949
128,000 t*APhilippineRy lst30-yrsf 4s_1937

A

O

J

J

F

A

F

A

MN

_

______

1,000
6,000
1,000
19,000
1,000
27,000
64,000
135,000

101M Sale

J

D

108

A

O

87 M

O

96M
95M
85%

J

J

A

O

A

O

--1975

General g 5s series B
General 4%s series O

Apr
f

A

J

J

J

J

M S

1951

|AProvidence Secur deb 4s gu___l957

J

D

106

M S
J

J

M S
J

J

A

31,000
198,000
35,000

O

D

M S
J

J

J
J

J

87,000
147,000
47,000
4,000
1,000

_

_

1,000
10,000
1 -000
80,000

J

J

MN

Gen & ref 4Ms series A./,
1997
Gen & ref 4Ms series B__
1997
Remington Rand deb 4 Ms w w_1956
4Ms without warrants
1956

J

1,000
_

_

_

42,000
47 000

Republic Steel Corp 4 Ms ser B__1961
Purch money 1st 5Ms conv-_1954
Gen mtge 4Ms series C
1956
Revere Copper & Brass 1st 4 Ms. 1956
ARheinelbe Union s f g 7s
---1946
-a3 Ms assented.
1946

113 M

Sale
113M 114
88 M Sale
117M 118
100 Vs Sale
107 M Sale
86 M Sale
97 M Sale
96 M Sale
84 M Sale
114M Sale
II¥M~Sale
66 M Sale

97

Sale
-----

Feb.

97 M Feb.
107 M Feb.
107
Feb.

6

Sale

64 M
55

57 M

110M
109 H
113M
108 M
107 M
105 M
110M
11M
3M
6

66 M

2 98 M Feb.
Feb.
1 99
26 108H Feb.

15

Feb,
Feb,

21

2 108
108M
114M
114 M
90 M
118M
102 M
107 M
87 H

108M Feb.
zll3M Feb.
Feb,
114M 115
Feb,
114
114M 113 M Feb.
89 M Sale
88 m Feb.
Feb,
118
Sale
117 M Feb.
Feb,
100 M Feb.
Feb,
101H Sale
Sale
Feb,
106M Feb.
86
Feb.
Feb,
87^8 Sale
98
Feb,
95 m Sale
95 m Feb.
Feb,
95 m Sale
95M Feb. 27 98
Sale
85 M Feb
83
83
Feb. 29
114
Feb.- 1- 115M Feb,
115M 116
1 MM Feb.
116 M' Sate
1 116M Feb
Feb
Feb.
68
64
67M Sale
Feb
Feb.
10
9
6
9M

13

6
9

20

,

_

106 5A 110M 107

96 m

110M
98

63

110

23
10

113

24

117

9
6

26
6

7
9
13
29
28
19

■

64 m
54 7A
Sale

64

57
52 M
55
57 m
57M
Sale
110M 111
11.1 M 110 m
109M
109M
114
115
1115
115
108H 109 Ji 108 M
107 "
107M
105 M Sale
105 M
Sale
110M HOM 109M
Sale
11M
11M
11M Sale
3M Sale
Sale
3M
6
6M
8M Sale
-----

——

102 M 103 M
107 m 109
108 M
109 m
105

111M Sale
99 M Sale

Feb.
Feb.

10

3

5
Feb.
9
56
Feb.
9
60
Feb.
111M Feb. 28
110M Feb. 13
7
115
Feb.
65

Feb. 26
Feb. 19
Feb. 21
7
Feb.
Feb. 21
7 109
Feb.
10 108
Feb. 27
Feb.
~
'
1 106 M Feb. 19
Feb.
1
6
110M
Feb.
Feb.
9
5
12 M Feb.
Feb.
3% Feb. 13
Feb. 29
6
Feb.
8% Feb. 21

111M 112
100

100 M

111 M Feb.
99 m Feb.

9
7 112M Feb.
1 100 M Feb. 21

102% 103 M 102% 103 H
Feb.
107 M 108
107 H 109
107 m Feb. 19 108
108 M
108 %
108M Feb. 28 108 M Feb.
109
111M
105

87m
100m
106m
85

95%
95m
83
114

Feb. 26 109
2 108%
Feb,
Jan. 19 109%
Jan. 13 114%
Jan. 31 114%
Jan. 29 90%
Jan. 20 118m
Jan. 31 102%
Jan. 31 108%
89 m
Jan. 23
Feb. 27 98 m
Feb. 27 98
Feb. 29 87 m

Feb.

13

Jan.
Jan.

8
3

Jan.

25
9
8

Jan.
Jan.

Jan.
6
Feb. 24
Jan.

8

Jan.
Jan.
Jan.

Jan.
Jan.

22
22 116% Feb. 29
69 m Jan.
4
64
7
Feb.
Feb. 19
1
10
6
Feb.
106m Jan. 24 106% Jan. .19
Jan.
5
63m Jan. 20 67

Feb.

1 116

Jan.

114% Jan.

55
57

Jan.

24

58

Jan.

2

Jan.

20

61m Jan.

9

109% Jan.
109% Jan.

19 111% Jan. 10
17 110% Feb. 13
Jan.20 115
3

114

Jan.

107

Feb. 21
3 109
Feb. 27
9 108
Jan.
Jan. 20 106 m Feb. 19
6 111m Jan. 10
Feb.
6
12m Jan.
Jan. 17
3
3% Jan.
Jan. 17
Jan. 26
8% Feb. 21

106%
104%
109%
10%
3%
6

Jan.

107 M 108 M
103 m 108
95
99

108
43

108
40

108% 109 %
108
116
115

"45%

44 m

Sale

44 m
106

Sale

105
109

40
42 M
106

28
28

110% Jan.
98

107
109 M 109
109

108
109 M
109
115M 116M 116

Jan.

102% Jan.
107m Jan.
108% Jan.

12 1123

Feb.

9

3 1003

Feb.

21

3 103
19 108
28 108%
4 112

Jan.
Feb.

5
28

Feb. 21
Feb.
5
Feb. 24

Feb. 28
Jan.

112

Jan.

21

108

Feb.

5
24

109% Feb.

21 108
2 110

109

Feb.

24 109

116

Jan.

Feb.

23
16

18 116% Feb.
16 115% Feb.

Feb.

9

105 M

Feb. 21 108
2 110
Feb.
108
Feb. 24 109
Feb. 20 116m
116
ii7m
115M
115M 116M 115M Feb. 16 115m
Sale
105 M 108M 105
105
Feb. 29 107
105 M 106 M 103 M 105 H 105 M Feb. 23 106 m
99
98 m Sale
98 H Sale
97 M Feb. 21

105

Feb.

Feb.
Feb.
Feb.

Feb.

6

Feb.

2

Feb.

9
17
15

115% Feb.
104% Jan.

19 108% Jan.
Jan.
22 107

4

23
16
10
5
11

105% Jan.
97% Feb. 21 100

Jan.

46

Jan,

5

44% Jan.
46% Jan.

2
4

108

"43""

42% Feb.

51

42M Feb.

6

44 m

45

44

43

44 m Feb.

Sale

42

Feb.
Feb.

6

Sale

29

44M Feb.

Sale

72% Feb.

1

75% Feb.

8

7 107% Feb.
1
78
Feb.
2
78
Feb.

23

104

Jan.

29

59

Jan.

42

6

Jan.

24

40% Jan.

23

67% Jan.

24
81% Jan.
5
20 107% Feb. 23
Feb. 29
10 78
78
Feb. 29
16
15
25% Feb. 28
Feb. 26
16 110

41

106

110M

110M

110m

106

106

106

80 M Sale
106%
62 m Sale
64 M

105 M
59

iilM

111M

146

149

219

223

142
219

109

Sale

A

O

J

J

J

D

J

D

52 M

J

D

50

A

O

55 M Sale

J

J

73 M

J

J

73

M S
M S
F

A

MiV

MN
J

3

J

J

"3

1950 MN

1952 MN
1953 F A
1955 A O
1952 M S

±Rima Steels f 7s

1955

Richmond Term Ry 1st guar 5s .1952 J

3

t*ARio Grande June 1st guar 5s 1939
+**Rio Grande Western 1st g 4sl939
Gst con & coll tr 4s series A_ 1949

ARuhr Chemical 6s
1 a Rutl and-Canadian 4s stpd
jARutland
RR 4%s stpd__
55,000

_

For footnotes, see page 30.

M
M
M
M
M

A O
J
J
A

J
J
O

Sale

Sale

77 M

M Sale
96 M
99 m
98 M 100 M
99

95

107 M
95 M

Sale

Sale
Sale

100M 100 M
20 H
15

12M
13M

19 m

-----

13 M

13M
13M
108

-----

Sale

49

Sale
12M

73
107

Sale"

6M
68

77
75

107 m 106M Feb.
Sale
59
Feb.
Sale
59
Feb.

1
18% Feb.
25%
9 110
109M Feb.
"83"" 82
Feb. 17 82
3%
3M
5M
3% Feb. 28

Sale

29

Feb. 28
Feb.
Feb.

26

Feb.

28

17

111M Feb.

13 112

Feb.

8

150
148
Feb.
147
223 m 222
222 m Feb.
108 % Sale" 108M Feb.
109 M Sale
103 M Sale
104 m 104 M 103 M Feb.

19 148

Feb.

19

28 223 % Feb.

19

26 109m Feb.
1 104% Feb.

19

55 m
55 m

57
72
72 m

111M 112

61M

50 M
50

64

Sale"

Sale

60

Hale

71M Sale

Sale

71

72

Sale

15M
14 M

Sale

29

Sale

16 m

19m

14M

14

14

28 M

30 M
Sale

28 M

120

10M
121M

107

107 M

108

11M

9

23

1

Feb.

29

30

17

Feb.

20

17

8

8

97

21

21

13

8%

9 %

Sale

109%

"9%
9%

95 m

104

96 M
111

82% Jan.
5

Jan.

9
5

14% Feb.
15
Feb.
14 m Feb.

30 m
Sale

7 M
7M

Jan. 19
5 112
110% Jan.
148
Feb. 19 148
Feb. 19
Jan. 30
222% Feb. 28 224
6
108% Feb. 26 109% Feb.
102% Jan. 15 104% Feb. 19

52% Jan.
57% Jan.
55% Jan.
71

Feb.

71

Feb.

27

19

Feb. 29
Feb. 20

28% Feb.
10% Feb.

8

14% Feb.
Feb.
7
14% Feb.
26 108
Feb.
2

2

30

1

98% Jan.
98% Jan.
91% Jan.
107

Jan.

92

Jan.

99% Jan.
26

15

Jan.

Feb.

26

18 100% Feb.

19

8 102

29
95% Jan.
2
5 108% Feb.
9
26
96
Feb. 24
27 100% Jan.
19
30
Feb.
3

17

Jan.

30

15

15% Jan.
14% Jan.

30

14

11

15%
15
15%
14%

Jan.

14% Feb.
106

Feb.

105

Jan.

19

10% Jan.

28

30 M Feb.

20

29

11% Feb.

13

2
28% Jan.
10% Feb. 29

109% Feb.
9% Feb.

21

8% Feb.
8m Feb.

13

98m Feb.
Feb.

14

108% Jan.
107 % Jan
6% Jan.
.

30

Jan.

30

Jan.

12
7

19 105
20

13

16

Jan.

Jan.

10% Feb.

3

29
Feb. 20
Jan. 30

7
26 109

13

Feb.
Feb.

Feb. 20
64% Feb.
9
60% Feb. 23
75% Jan.
9
75
Jan.
5
65

16% Jan.
15

111M
111M
107 M 108% 108
mn 107 M 108
9
7
7
9%
7m

16%

18
28

2

26

109 m

105 m

Jan.

3% Feb.

79

2
8

94 M

29

108 M 106

120

20

9

6

Feb. 28
9
Feb. 24 108m Feb.
1
96
Feb. 24
Feb.
1 100% Feb. 14
Feb.
Feb.

106 m 106
Feb.
103 M 105%;103M 105
12
10M
8M
10% Feb.
7%
49
39
40
35 M

108

65

6

"19 m

!5M
14 %
14%
14%

15M

8

Feb.
64% Feb.
60% Feb.
8
71
Feb.
73
Feb.
73
Feb.
71
Feb. 27
2 102
Feb.
99% Feb.
3 100 M Feb.
99% Feb.

57% Feb.
64 M Feb.
56M Feb.

101M Sale
99 H 100 M Sale
98M
100 M
100 H
93"" Sale "94 m Sale
93
107 H Sale
107 M Sale
107 m
95 M Sale
93 M Sale
93%
99
100 m
99M Sale
99M
r30

58% Jan.
17% Jan.
108% Jan.

65

153""

14
-----

102 H 105

28 M
11-

5
S
S
S
S
__1948A O
1949 J
J
1941 J
J

107,000 Saguenay Pow Ltd 1st M 4MS--1966
St Jos & Grand Island 1st g 4s__1947
2,000
St Lawr & Adirondack 1st g 5s_ 1996
2d gold 6s
.1996

103 % 104

40

_

83.660

4

60

110M

1953 J

Rochester Gas & El 4 Ms ser D..1977
Gen mtge 3 Ms series H______ 1967
Gen mtge 3 Ms series i
1967
Gen mtge 3 Ms series J
1969
71,000
107,000 *t ARock Is Ark & Louis 1st 4 Ms 1934

84 Vs
4M

60

Sale

60
58 M
23 m
18M Sale
108 M 109 m 109 M
82
81
71

J

ARhine-West Elec Power 7s
ADirect mortgage gold 6s
ACons mtge 6s
mtge 6s
H Richfield Oil 4s conv deb

______

£7/*

Sale

J

ARhine-Ruhr Wat Serv 6s

_

80

Sale

72 M

D

^




Sale

97 M
98

108M Sale
107 M Sale
109

J

J

„

_

Sale

6

110

109

Rensselaer & Saratoga 1st gu 6s_1941 MN

185,000

Sale

110M Sale
11H
12%
3%
v<*
7%
6%

XI*

J

1956 M S

AProvidence Terminal 1st 4s

3,000 Public Service El & Gas 3Ms--j1§68
1,000
1st & ref mtge 5s _
2037
9,000
1st & ref mtge 8s_---2037
79,000 pub Serv of Nor 111 3Ms-_-_ — -1968
53,000 Purity Bakeries Corp s f g 5s___ 19-18
t ARadio-Keith-Orph pt pd ctfs
for deb 6s & com stk (65% pd)
117,000
*iDebenture gold 6s
1941
2,000
*a6s stamped.______
1941
26,000 Read Co Jersey Cen coll g 4s___1951

122,000

Sale

97

Sale

1977

2,000 Pressed Steel Car deb 5s
t

Sale

J
D

J

4s ser A__1948
1962
—1974

580,000 Portland General Electric 4Ms.-I960
26,000
1st 5s extended to 1950
163,000 I APorto Rican Am Tobac conv 6si942
410,000
a6s stamped
1942
3,404,000 t* APostal Teleg & Cable coll 5s-1953
34,000 Potomac Elec Power 1st M 3 Ms-1966
10,000

Sale
Sale
Sale"
Sale
Sale
.116 M
Sale
9M
110M

J

1977 J J
4s.__-1943 MN

1st 4 Ms series D

_

7M
106 M
65
58

Sale

59 M Sale
110M Sale
109 M HO
110M 115
106 M 107
106 M

D
MJV
F A

J

38,000 Pitts & West Va 1st 4%s ser A_1958 J
6,000
1st mtge 4 Ms series B
1959
66,000
1st mtge 4 M s series C
1960
Pitts Y & Ash 1st
gen
1st gen 5s series B
1st gen 5s series C

115%

MS ITS
A O
69M

—

Pitts Va & Char 1st guar

107 m

D

4Ms series A-__1940 A O
Con 4Ms series B guar g
1942 A O
Con 4Ms series O guar g
1942 MN
Con 4s series D guar g__,
1945 MN
Con 3 Ms series E guar g__.—1949 f A
Con 4s series F guar g
1953 3 D
Con 4s series G guar g
1957 MN
Con 4s series H guar g
1960 F A
Con 4M8 series I g
1963 F A
Con 4mb series J guar
1964 MN
Gen guar 5s series A
1970 J D

—

Sale

J

P C C & St L g

10,000
1,000

97 m
108 M

A

A

94 M

Sale

f

MN

MN
A O

deposit114,000 Phillips Petroleum conv 3s___--1948 MS
33,000 Pitts Coke & Iron conv 4Ms A. -1952 M S
ACertificates of

Sate
100

109
1C9M
113 >2 114%
113 % Sale
88 M Sale
118
Sale

-

_

97 m
94

108 m
108

Feb.

9

Jan.

19

10% Jan.

20

31

Jan.

24

12% Jan.

3

8 111

Jan.

29

11 109% Feb.

24

16
9% Feb. 21

29

8%
8

27

Feb.

27

95
94%
97%
111
111% 112

94

94

60

94

80

79M

60

79%

23

7% Feb.
7 % Feb.

Feb.

6 111%

6

15

7% Feb.
7% Feb.
95

Jan.

110% Jan.

23

9

Jan.

2

27

9% Jan.

23

30

98% Feb. 15
14

16 111% Feb.

N. Y. STOCK

March, 1940]
Sales in

Value

Jan. 2,

Feb. 1

1940

n. t. stock exchange

Ask

Bid

_

"

12,000
37,000
66,000
37,000
17,000
11,000
8,000
34,000
31,000
89,000

j" J
m S

63

j

58M

J

J

115* Sale
11M Sale

yj

Sale

12

115* Sale
M S

J

J

Ms 1941 F

A

iASt Paul E Grand Trunk 4 Ms.. 1947
ASt Paul & K O Short L gu 4
t Paul Minn & Manitoba—

61M Sale
61
Sale
21M
25

J

jASt Louis Southwest 1st g4s—1989 mjv
J
A2d gold 4s income bond Nov 1989 J
*Alst terminal & unif 5s
1952 J J
J
a Gen & ref 5s series A.
1990 J
St Paul & Duluth 1st consol 4s..1968 J D

"5,666
24,000

MN

Bid

tPacific Ext sterling guar 4s_.1940 j

J

J
St Paul Union Depot 1st 5s guar.1972 J
J
San Ant & Aran Pass 1st guar 4s.1943 J
San Antonio Pub Serv 4s
1963 A O
M
N
San Diego Cons G & E 4s
1965

11M Sale

10M

HM

60
27 M

64

33
175* Sale
105* Sale
82
95
4M Sale
6M
8

ill" 115^
Sale

54

107 M 108 M
110
112
Santa Fe Prescott & Phoenix 1st 5s'42 m S 1095*
J
J
185*
25
t ASchulco Co guar 6 Ms
1946
3
J
185*
20M
AStamped
29 M
32
AGuar. sinking fund 6 Ms B—.1946 A O
-

AStamped

—

A

O

29 M

32

1989 MN 115
13 M
16
11,000 ♦t ASeaboardAir Line 1st g 4s.. .1950 A O
15 5* Sale
♦AStamped 4s
1950 AO
108,000
6,000 Scio Vail & N E 1st guar g 4s

#

^Adjustment 5s
-Oct 1949 f
♦ARefuhdlng g"4S—n959 a

24,000
53,000
ACertificates of deposit
20,000
Alst & cons 6s series A
1945
261,000
ACertificates of deposit146,000
X* AAtl-Birm Div 1st g 4s May 1933
12,000
103.000 t ASeaboard Air-Fla 6s A ctfs
1935
a6s series B ctfs of dep
...1935
-.1954
444.006 Shell Union Oil 2Ms debs
10,000 Shinyetsu El Pow 1st 65*s
1952
1951
5,000 ASiemens & Halske deb 6Ms
1946
1,000 ASilesia Elec Corp 6 Ms
16,000 Silesian Am Corp coll tr g 7s
1941
1952
202,000 Simmons Co conv deb 4s
1951
22,000 Skelly Oil debenture 4s
1964
200,000 Socony-V acuum Oil 3s debs
South & Nor Ala gu 5s
...1963

47,000
134,000
41,000
26,000
24,000
375,000

5

45*
m S
MB
A

35*

f
J

A
J

3M

J

D

m S
f A

a

Ask Bid

Ask

M S

mn
mn
J

J

O
J

29 M
Sale

J
J
J

50
48 5*
48 5*
48 M
56 M
80
63

Sale
Sale

Sale

Sale
Sale
Sale
Sale
Sale
Sale

J

Sale

O

Sale

79M

o

Sale

J
J

78
73
112

D

J
MN

J

107 M

1075*

J

195*

F

A

107

J
J

D

Sale

J
J

Sale

J

Sale

MN

106M

Sale
30

16M

17M

9
85

90

4M
5M

9M

75*
55*

Sale
Sale
Sale

14

Sale

12

Sale

11M

Sale

57 M
28 M
16 M
9
82

58
33
Sale

4M

5M

Sale

15
13 5*

iM
15
55*—Sale
4 5*
45*
7% Sale
6 M Sale

5M
6M

13

16

25* Sale
2M

35*

95 5*
57

Sale

295*
13 5*
25M

33

62

39

121M 125
11
10H

15M
2M Sale
35*
Sale

62 M
65
31M
14 M Sale"
24 M
25
101M Sale

—

106 M 107
43 5* Sale
48 K Sale
46 M Sale

455*
455*
52 M

775*
59 M

465s

78 M
60

Sale

45 H
52 5*

Sale

Sale

Sale
Sale
Sale
Sale
Sale

45 M

Sale
Sale

Sale
103M
Sale
Sale
Sale

106 M 107
45
Sale
47 M Sale

Sale

6
21
16

3

26

Jan.

Jan.

15
13
12

20

105* Jan.

12

20

10

Jan.

14

585* Feb.

21

30

Feb.

24

5M Feb.

6

5

105* Jan.

135* Feb. 20
13

Feb. 20

15M
15M
12M
12 M

Feb.
Feb.
Feb.
Feb.

20
20
20
20
4

20

10

Jan.

12
6

2

56

Jan.

23

64

Jan.

275* Jan.

12
12

30

Feb. 21

Jan.

Feb. 21

17M Feb.
9M Feb.

2
8

85* Jan.

19

175* Jan.
105* Jan.

Feb.

24

19
6

2

8

4M Jan.
5M Feb.

J an.

6M Feb.

6M Jan.

4

122 % Feb.
12 M Feb.
11
Feb.

1

975* Jan.

26

98M Jan.
Feb.
5 116
2
61M Jan.

14

5

98M Feb. 26

1 116
Feb. 24
2
27 57 M Feb.
5
1 108M Feb.
8
23 111M Feb.
Feb. 21
26 Ill
29 30% Feb. 19
5
305* Feb. 19
8
43 M Feb. 21
8 44 M Feb. 20

16 1235* Feb.
15
125* Feb.

45* Feb.
Sale
Sale

95>l

3

10

Feb.
Feb.

28
1M
25*
1M Feb. 14
-r-4M Sale.. -4M Feb. .28
Sale

4M
6M

Jan.

235* Jan.
66 M Feb.
62M Jan.

11

57
30

$*

—:

62

15

20

155*
155*
12 M
125*

97 5*
Sale
985* 97 5* Feb.
Sale
115M H6M 1145* Feb.
55 H
56
56
Feb.
57 M Sale
1075* Sale 107 % Sale 107% Feb.
1115* 1115* 111 M 1115* 1115* Feb.
109 5* 110
109M 110
109M Feb.
28 M Sale
28M Feb.
II*
28 M
26
Feb.
295* 25
43 M Sale
37
Feb.
34
Sale
43
38
M
36%
Feb.
35M

13

3

18

20

13

2

16M Feb. 21
9
.Feb. 15

62M Jan.

20

2

5

18

Feb.
Feb.
Feb.
Feb.

2

6

Jan.
Jan.
Jan.
Feb.
Feb.

13 M Feb.
Feb.

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

8

7

66M Feb. 21
58M Feb. 26

11

97 M

13

Feb.

105*
125*
115*
105*
105*

114 H

116

21

595*
585*
18M
65M
58M

16

2
2

90

87 M Sale
57 M Sale
76 M Sale
Sale
80
H Sale
Sale
78
72 M
78
68
66
69 M
110M 111M 1115* Sale
107 M 107 5* 107 M Sale
104aJtl04M
Sale
21
17M
18
107
105
107
1075*
105 M Sale
105 M Sale
Sale
105
104 5* Sale
105 M Sale
1095* Sale
105 M Sale
106
Sale

86 M

575*
775*
80 M
72 M

Sale
Sale

13
15
8

135* Feb.
1M Feb.
55* Feb.

5
13

Feb. 28

75l Feb!

1

45* Feb. 27
7
13 M Feb.
25* Feb. 29

6M Feb.
145* Feb.
35* Feb.

1

17
5

95M Feb. 29

96M Feb.

10

6

60

Feb.

7

33

Feb.

17

63

Feb. 26
17

14M Feb. 29

33 M Feb.
14 M Feb.

21

285* Feb.

25

Feb.

995* Feb.

29
7

2 101M Feb. 27
1
26 102 M Feb.
7
29 105 M Feb.

Feb.
1075* Feb. 28 109
1035* Feb. 26 104M Feb.
1065* Feb. 27 1085* Feb.

3
5
?

Jan.

114

54
Jan.
107 M Jan.

1095* Jan.

1095* Jan.
21

Jan.

18M Jan.
285* Jan.
29M Jan.
118

Jan.

-2!
Feb. 28

4M Feb. 27
7
13 M Feb.
25* Feb. 29
35* Jan. 24
Jan.
Jan,

95
57

2

Feb.

5

105

19

975* Jan.

106 5* Feb.
43 5* Feb.

2 1075* Feb.
46
Feb.
1

8
9
9

1065* Jan.
435* Jan.
47H Feb.
455* Jan.
455* Jan.

5

Feb.

2
Feb.
Feb. 29
1
Feb.
Feb. 15
Feb. 13

9

47

Feb.

9

47

Feb.

9

45

55
Feb.
79 M Feb.

9

51M Jan
77 M Feb
58
Jan.

8

60M Feb. 29

Jan.

'

11

3
6
25

Jan.

Jan.
Jan.

25
3

Jan.

11

Jan.

31

Jan.

2
12

45* Jan.

Jan.

10
16
17
29
24

Feb.

27

Feb.

Jan.
Jan.

Jan.

Feb.

46

4

13

Jan.

Jan.
Jan. 26 109
Feb. 26 1055* Jan.
Feb. 27 1085* Jan.
Feb.
3 Ill
Jan.

2 1005* Feb.

8

Jan,

96 M Feb.
64
Jan.
33 M Feb.

14M
Feb. 21
305*
995* Jan. 18 101M
102"j2Feb. 26 105
1045* Feb. 29 106

2 106

45M
455*
525*
775*
58M

26

15M
15*
J&5£
5M
8M
75*
15M

25

20 Ill

495* Feb.
475* Feb.

15

4
29M Jan.
14M Feb. 29

Feb.

475* Feb. 27

27 1235* Feb.
Jan.
15

1M Feb. 14

6

19

15 1085* Feb.
5
11 1115* Jan. 26
Feb. 21
9 111
25 305* Feb. 19
16 305* Feb. 19
11
43 M Feb. 21
11
44M Feb. 20

Feb. 28

1055* Feb.
985* Feb.

110

5

125* Feb. 15
11

1075*
103M
1065*
1095*

3\
9

8
3
4
2

6 106
Jan. 31
2 1005* Feb. 19
9 107M Feb.

8

26

485* Jan.

3

27

53

Jan.

4

30
15
27
27
15

50M Jan.
505* Jan.
505* Jan.

3
3

27

D

1966 J

D

A

94
122

11

O
A

75 5*

805* Feb.

1

69 M Feb.

8

9

Feb.
Feb.
Feb.
Feb.

2

21

9 1075*
Feb.
1055* Feb. 29 1065*
1 105M
104 5* Feb.
1 113 M
1055* Feb.
1055* Feb. 29 106

107

8
Feb.
Feb. 24
Feb. 17
5
Feb.
29
Feb. 24
9
Feb
Feb. 10
Feb. 15
1
Feb.
Feb.

128M Feb. 17 128M Feb. 17
2
Feb.
1145* Feb. 24 115
6 108M Feb. 20
1075* Feb.

Sale

Feb.

9

96

Feb.

8

Feb.

16

Sale

99
125

...

—

8

114"

A

Sale

J

Sale

110

63

93

97

106M
56 M
87
63

Sale
Sale

Sale

Sale

62 M

Sale

855*

65 M

107

66

Sale
87

Jan.

3
4

80M Jan.
655* Jan.

5
4

58

67

107

Jan.
Jan.

Jan.
78
3
72
Jan.
8
19 1115* Jan.
22 1085* Feb.
9 1065* Jan.

1045* Feb.
17 M Jan
23

15

17
3
Feb. 29
107 M Feb. 24
1065* Jan. 19
105 f* Jan. 12
1135* Feb. 15
21

105

Jan.

1045*
104M
995*
1055*

2
Jan.
1
Feb.
2
Jan.
Jan. 11 106

1265* Jan.
1145* Jan.
107M Feb.

5
5

88

67
92

Jan.

Jan.

3

3 128M Feb.
2 115
Feb.

17
2

"6 !095* Jan.
92
Feb.
4

105M Feb.. 24 1075* Jan.
13 1045* Feb. 28 106 M Feb.
66 M Feb.
1
55
Jan. 12
66M Feb. 23
1 108
Feb. 27 110M Jan.
27 1095* Feb.
1
Jan.
1
695* Feb. 10
675* Feb.
IV« Jan.
69 M Feb. 16
1
67M Jan. 30 72

Feb. 16
Feb. 20
8
Feb.

Jan.

Feb.

505* Jan.
135* Jan.
95
106

31
16
15

72

Jan.

Jan.

59

Feb.

5

5
11
13
23
11
10
11
5

8
16

195* Feb. 16
4
Jan.
995* Feb. 20
5
Feb. 23 1075* Jan.
15

Feb. 23

2
24

63
87

Feb. 23
1
Feb.

565* Feb.
2
85M Feb. 24

63

65M Feb.

10

665* Feb. 28

64M Jan. 20

665* Feb. 28

j
85)

Feb.

Feb. 24
99M Feb.
Feb.
Feb.
5 125
Feb.
Feb. 17 107

28

135* Feb.

16

5
17

98
125

107

Jan.
Jan.
Jan.

31

89 M Jan.

99 M Feb.
Jan.

23 125

2

28
23

Jan.

5

13 M Feb.

16

12 108

14

135*—
Sale
Sale

85*
112% Sale

Sale
113% Sale
107M Sale
102 M

Sale

96 M Sale
96M Sale
108M

62 M

Feb.
Feb.

Jan.

69M Feb
110

Jan.

615* Jan.
795* Jan.
845* Jan.

Feb.

56

—

12 M
12M

86 H
107 M

Feb.

675* Feb.
67 M Feb.

99
98 M 1005*
125
1245* 126
107
Sale
110M 107

115

Sale

Sale

63
108

100 M
124

Sale

Sale

68 M

92
Feb.
8
Feb.
1055* Feb. 24 107
1045* Feb. 28 106M Feb.

90

69
1
67
Feb.
68 M Sale
93 M
92
Feb. 16
92 5*
91
59
51
Feb.
5
Sale
55 M Sale
14 M Feb.
1
Sale
195*
Sale
19
99 M
97
Feb. 13
98 M Sale
98 M
106
Feb. 23 107M
Sale
105 H 106

114M
Sale

92
60
110
108
68 M Sale

Jan. 17
785* Jan. 23
78

110M
1075*
1045*
175*

69M
3 1115*
5 108M
9 104M

67 M
67

89 M
1945 m s
J 1075* Sale
1962 J
A

1
86M Feb.
56M Feb. 26

9

Sale

106M 110M
12

9

79
Feb.
82 M Feb.

109 M
67 M

72
73 M

571

10

595* Feb.

Feb.

69
Sale
Sale

o89M
Sale

J

87 M Feb.

28

76

Sale

Sale
Sale

J

1
86M Feb.
56 5* Feb. 26

1285*
114M Sale
114M
107 M 1075* 107 M Sale
Sale
91
92
91M
106 M Sale
106 5* Sale
1055* Sale 104 M 105 M
126 H 129

1125*
1025*
114 M
s 107 M
s 113 M
O
96 5*
35-year 3 Ms debenture——1971 mn
965*
United Biscuit (Amer) deb 5s—1950 A O 108 M
United Cigar-Whelan Stores 5S.1952 A O
67




57 M
27 5*

14 5*

108M 1085* 107 M
104
Sale
103M
107 M 108 M 107 M
110M
110M
105 M
1055* 106
100
98 %
99

105M
1085*
109
109M
105 M Sale
97 M Sale

J

1952 F

30.

12 M

108 M 109
105
108

O

Union Oil Cal 30-yr 6s ser A May '42 F
3s debentures..
1959 F
Union Pac RR 1st & land gr g 4s.l947 3
First & refunding 4s
June 2008 m
1st lien & ref 5s
..June 2008 m
34-year 3 Ms debenture—
1970 A

page

Sale

11M
125*
11M
12 H
105* Sale
10 M Sale

102"uFeb.

65 M Sale

see

12 %

11

104M Sale" 1045* Feb.
119M

4s.1950 A O
Tol W Va & Ohio 1st guar 4s O—1942 MS

For footnotes

Sale

625* Feb. 23
6
605* Feb.

J

g

♦jAUnion Elev Ry Chic 1st 5s_ .1945

11M

Sale

Sale

Ujigawa Elec Power sec 7s

63

54

6
Feb.
Feb. 27
3
Feb.
Feb. 26

Sale

D

Union Electric (Mo) 3 Ms

60

24 M

58 M

20 M

60M
20M
65M
58M

105 M

98 M
Sale

f 7s

62
23M
655*

61M
20M
64 %

10

Sale Prices

Sale Prices

Sale Prices

Sale Prices
60 % Feb.

102 M

♦AThird Ave RR 1st gold 5s
1937 J
Tide Water Assoc Oil deb 3 Ms—1952 J

sec s

61

Sale

104 M
105 M Sale

99
Sale
Sale

AGuaranteed

61

Sale

38 debentures
.1959
Texas & N O cons g 5s
1943
Texas & Pacific 1st g 5s
2000
Gen ref 5s ser B—
1977
Gen & ref 5s series C
1979
Gen & ref 5s ser D
1980
Tex Pac—Mo Pac Term 5Ms A.1964 m S
J
Third Ave 1st ref 4s
1960 J
AAdjustment income 5s..Jan 1960 A O

Tor Ham & Buff 1st 4s—

61

100

106 M
47

j

M S

Sale
62M

10M
99 M

1946 J

2M

Sale 4
Sale
Sale
Sale
16
Sale
6

25
24 M

.1949 m 8
1,000 Trenton Gas & Elec 1st 5s
J
3,000 Tri-Cont'l Corp conv deb 5s ser A *53 J
ATyrol Hydro-Elec Power 7 Ms—1955 mn

34,000
77,000
1,000
44,000
162,000
165,000
222,000
85,000
93,000
118,000
12,000
41,000

95 M

Tenn Coal Iron & RR gen 6s -.1951
Term RR Assn of St Louis 5s
1944
Gen ref s f gold 4s—
.1953
Texarkana & F 8 Ry 5Ms A guar 1950
Texas Corp deb 35*s
—1951

18,000 Tol St L & West 1st

""5,666

14

f

Southern Calif Gas 4Ms—-...1961 M 8
1st mtge & ref 4s
1965 f A
Southern Colorado Pow 1st g 6s. 1947 J

Southern Kraft Corp 45*s
Southern Natural Gas—

8

7M

Tokyo Electric Light (Ltd)—
1st M 6s $ series
June 15 1953 J
576,000
21,000 Tol & Ohio Cent ref A imp 3MS-1960 J

"2,000

!M,

o

Southern Bell Tel & Tel 35*s—1962
3s debentures
1979

fist mtge pipe line 4Ms
1951
133,000
201,000 Sou Pac Co 4s Cent Pac coll Aug '49
1st 4 Ms (Oregon Lines) ser A.1977
329,000
Gold 4 Ms
1968
147,000
Gold 4 Ms
...May 11969
484,000
Gold 4 Ms
1981
439,000
209,000
10-year secured 3 Ms
1946
San Francisco Term 1st 4s
1950
31,000
276,000 South Pac RR 1st ref guar 4s... 1955
4s stamped
1955
1994
145".660 Southern Ry 1st cons 5s
Devel & gen 4s series A
1956
493,000
Devel & gen 6s series A—
1956
91,000
Devel & gen 6 Ms series A
1956
110,000
Memphis Div 1st g 5s
...1996
St. Louis Div 1st g 4s
—.1951
"T.666
44,000 Southw Bell TU 35*s series B...1964
1st & ref 3s series O
1968
113,000
11,000 fS'western Gas & Elec 4s ser D.1960
37,000 iASpokane Internal 1st g 5s
1955
7,000 Staley (A E) Mfg 1st mtge 4s...1946
.1961
131,000 Standard Oil N J deb 3s
193,000
15-year 2 Ms debs
1953
767,000 Studebaker Corp conv deb 6s. .1945
141,000 Swift & Co 1st M 3 Ms
—1950

5,000
16,000
109,000
49,000
248,000
220,000
5,000
93,000
59,000
68,000
94,000
22,000
691,000
2.829,000
47,000
82,000

a

60 M
59

1

Highest

Lowest

Highest

Lowest

Feb. 29

St Louis Iron Mtn & South—

A*River& Gulf Div 1st g 4s. --1933
124,000
ACertificates of deposit
7,000
1948
53,000 lASt LPeo&NW 1st 5s11,000 St Louis Pub Serv 1st mtge 5s. 1959
46,000 St L Rky M & Pac 5s stamped.. 1955
J iSt Louis-San Francisco By—
APrior lien 4s series A
1950
773,000
ACertificates of deposit
199,000
APrior lien 5s series B
1950
448,000
ACertificates of deposit
97,000
ACon M 4Mb series A
725,000
1978
ACertificates of deposit stamped
350,000

61,000
2,000
28,000
17,000

RANGE SINCE JAN.

PRICES IN FEBRLARY

Price

BONDS

February

29

EXCHANGE-BONDS

"65""

135* Feb. 16

94 M

865* Feb.

95

Feb.

107 M 109
8M
95*
1115* 112*ii
1015* Sale
114 M Sale
Sale
108

107 M Feb.

108

Feb.

8
13

85* Feb.
1125* Feb.
1015* Feb.
113 5* Feb.
1065* Feb.

8M
1125*
102 M
115

Feb.

6

1155* 116

115

Feb.

975* Sale
965* Sale
1075*
65 M Sale'

965*
965*
1075*
61M

Feb.
Feb.
Feb.
Feb.

1165* Feb. 19
975* Feb. 21
97M Feb. 17

90

108

109

Feb. 15
7
Feb.
Feb.
Feb.

13
16

Feb.

8

65M Feb.

16

135* Feb. 16

8
10
20
15
Jan.
8
Feb. 13
Jan.
4
5 1165* Feb. 19
1135* Jan.
Jan.
8
96
Jan. 25 98
96
Jan. 30
975* Jan. 12
Jan. 17
107M Feb. 28 109
61M Feb. 13 67M Jan. 11

85M Jan. 13 95
1 109
1075* Feb.
9
8M Jan. 17
1125* Feb. 28 1125*
1015* Feb. 29 102 M
113
Jan. 15 115
6 1085*
1065* Feb.

Feb.

Jan.

Jan.
Feb.

Sales in

Ii

BONDS

February

n. Y. stock

Value

1940
Bid

5s__-—1953

2,000

"8,666
46", 000
117,000

173,000
40,000
22,000
57,000
33,000

M S

M S
UNJRR & Canal Co gen 4s— 1944
U S Steel Corp3Ms debs__ ---1948 J D
J
AUnited St$el Wks g 6Ms ser A 1951

assented
1951
a6Ms series C------ 1951
A3Msser C assented
,.1951
ASinking fund deb 6 Ms ser A 1947
a3 34 s ser A assented
1947
United Stockyards 4 Ms w w —1951
Utah Light & Trac 1st & ref 5S--1944
Utah Power & Light 1st 5s_--- 1944
t*AUtilities Pow & Lt deb g 5Ms 1947
5 Ms stamped
1947
*ADebenture 5s
1959
5s stamped
1959
a3 M8 ser A

~

Sale

Sale

106M
23 M

Sale

106
22 M
14

22 M
14

J
J

22 M

90

A

102 M
103 M

F

J

89

14 M
25

Sale

14M
91M

Sale

14M

20

92 M

102

93
Sale

Sale

102

Sale

Sale

95

Sale
..

Sale

89

Sale

14M

J
F

105 H
23 M

*a4Ks July 1914 coup off
1934
*
a4 Ms assented
-_1934
5,000
MS
Virginia Elec& Pow 3 Ms ser B--1968
42,000
M S
Va Iron Coal & Coke 1st g 5s—1949
Va & Southwest 1st guar 5s
2003 J J

108"" III
M

87
Sale

109

109

109

M

M

1

35M
58 M

45

62

42

M

55

61M
106 M

J

46

J
4s—1939
O
AOmaha Div 1st g 3 Ms
1941
aToI & Chic Div 1st g 4s.
1941 M S

16

*ADes Moines Div 1st g

12

J A Wabash Ryref &gen 5 Ms A--1975
F A
& gen 5s (Feb '32 coup) B '76,
& gen 4 Ms series C—- -1978 AD
63,000
ARef & gen 5s series D—
1980 A O
55,000
Walker (Hiram) G & W deb 4 Ms 1945
18,000
Walworth Co 1st mtge 4s
1955

■75,000

41,006 __ARef
ARef

Maryland 1st g 4s
1952
148,000
First & ref 5 Ms series A
1977
7-6,000 Western N Y & Penn gen 4s
1943
31,000 t AWestern Pacific 1st 5s ser A--1946
22,000
AAssented31,000 Western Union Teleg 4Ms gold. 1950
76,000
Gold 5s_
-.-1951
226,000
Gold 5s
1960
184,000 AWestphalia Un El Pow 6s
1953
11,000 West Shore 1st 4s guar
-2361
69,000
Registered
2361
35,000 Wheeling & L Erie RR 1st con g 4s '49
8,000 Wheeling Steel Corp 4 Ms ser A_ 1966

85
34

34

M

75

O
J

O

50

126M
108M 109M
118M Sale
108M 109

108

84
Sale
88 M Sale
108
Sale

126 M
126 M
108 M 108 M 107 M
Sale
120
117%
Sale

111M

84

Sale

89 M

Sale
108M 109

17M
17M

18M
Sale

18

Sale

M S

18

Sale

MN

66

Sale

J

68 M

Sale

65 M
68 M

Sale

67

Sale

D

M 5

67

Sale

J

J

12

15

J

J

J

J

F

A

.

444,000 White Sewing Machine deb 6s__l940 MN
3,000 J* AWilkes-Barre & East 1st gu g 5s'42 J D
19,000 Wilson & Co 1st M 4s ser A
1955
Conv debentures 3 Ms
37,000
.--1947
1960
100,000 Winston-Salem S B 1st 4s

1,000 {AWisconsin Cent 1st gen g 4s. .1949
ACertlficates of deposit
122,000
*
5,000
ASup & Dul Div & Ter 1st 4s. 1936
ACertificates of deposit
39,000
2,000 Wisconsin Elec Power 3 Ms
1968
1961
59,000 Wisconsin Public Service 4s
32,000 t AWorces & Conn East Ry 4 Ms-1943

36M

107M 108

108

M S

M S

50 M
44
114
98 M

Sale

Sale

O

D

J

J

Sale

10D®32

Sale

12 M
105 M
99

105

109

18

Sale

18

Sale

9

Sale

6M

A

Sale

44

114M
97 M

103 M 104M
97
Sale

13

66 M

13M
48 M Sale

Sale

101 "«i

MN

J

Feb.

2

Feb.

1

100M Feb.

28 102 M Feb.
23 e93
Feb.

1

101

Feb.

3

87

Feb.

Feb.

29

24 106M Feb.
23
93
Feb.

14

Jan.

90

93 M Jan.
102 M Jan.
103 M Jan.

23

93 M Jan.
106 M Feb.

30
14

103 M Feb.
87
Feb.

93 M Jan.
Feb.

30

Jan.

5

9

101M Feb. 27 105

9
9

109

Feb.

40

Jan.

21 110
23 42

59

Jan.

23

Feb.

M Feb.

24
22
19

23 106

10

15

14

106

100M Feb.

Feb.

9

M Feb.

21 109 M Feb.

M Jan.

M Feb.

6

9

Jan.

2

Jan.

11

106 M

62 M Jan.

26 J08M Jan.

3
8

45M Feb.

14
11

40

Feb.

1

Feb.

28

19M Feb.

14
8

37M Jan.

17

Feb.

28

20

Jan.

27

Feb.

10

28

Feb.

14

25M Jan.

30

28

Feb.

9
44M Feb.
13M Feb. 27
10M Feb. 26

47

Feb.

14

41

Jan.

19

47

Feb.

14

13 M Feb.
12
Feb.

27

12M Jan. 15
10M Feb. 26

13 M Feb.
13
Jan.

27

45 M Feb.

23

17

5

14

17

Feb.
Feb.
Feb.
Feb.
Feb.

9M
7M Feb.
20
9
9M
7M Jan.
9M
8 M Fab-.-15|
~8t
7M Jan, .36
26
9M
8M Feb. 10
7M Feb. 26
21 105 M Feb.
9 105M Feb. 21 106M

Jan.
Jan.

2
3

Jam

3

Jan.
Jan.

2

Feb.

17

67

Feb.

2

75M Feb.

21

76

Feb.

28

88

Feb.

20

33M Feb.

15

8

7 M

Sale

35 M

A

A

93

26 102

5

25

101M Feb. 27 104M Feb.

7 M

Sale

Sale

Sale
36

A

D

17

Feb.

6
14

64

M S

J

23M Jan.

24 M

Feb.

7M
7M
105M

M S

Western

Feb.
Feb.

8

.--1955

J

5

3

Jan.
Jan.
Jan.
Jan.

42 M

M S

J

Feb.

24 M

Sale Prices

81M
110M
106 M
24M

83

28M

J

105M Feb.
23 M Jan.

29

Feb.
8
62
Feb. 20
62M 60
106 M Feb. 26 108M Feb.
8
Sale

Sale

83

Sale

A

D

87

Feb.

100M Feb.

1M

Sale

55

107 M

J

J

Jan.

Feb.

25

45

F

M S

5

109 M 109

109 M 109 M 109

O

A

Sale Prices
77
Jan. 24

M

i

110"" Sale2

MN

F

24 M Feb.

29

t*AWabash RR 1st gold 5s
1939
*
ASecond gold 5s
1939
Alst lien 50-year gold term 4s 1954
ADet & Chi ext 1st g 58--—1941

Warner Bros Pictures 6s debs—1948
251,000
t a Warren Bros Co. deb 6s
1941
78,000 Warren R R 1st ref
gu g 3 Ms—2000
Wash Cent Ry lst'g 4s
1948
~5~,006 Wash Term 1st guar 3 Ms
1945
4,000
1st 40-year guar 4s
1945
2,000 Westchester
Light gold 5s
1950
7,000
Gen mtge 3 Ms
1967
27,000 West Penn Power 5s series E—1963
13,000
1st mtge 3 Ms series I
1966
50,000 West Va Pulp & Paper 3s
__1954
6,000

24M Feo.

Feb.
Feb.

A

6s debentures

2

Feb.

M S

5s

80M Feb. 26

13 106M Feb.

91M
100M
101
101M Sale
87
86 M
103 M
100M 102

--1958

42,000
3,000

1

Highest

20

A 1966

cons

16,000
Virginian Ry 1st & ref 3 Ms ser
167,000

1

105M Feb.

Sale

101

101M Sale
109 M

103M 104

'

"Feb".

100 M

105M 106M

Feb.

24 M

93

F

77

110

23 M

Sale

20
Sale

14

A

Sale

14 M
23 M

14 M

23 M
25

80
110

Sale Prices

Sale Prices

Ask

Ask Bid

Bid

77 M
110

J

90,000 ^Vanadium Corp (Am) conv 5s-1941 F
Vandalia consol g 4s A
.—1955
Consol 4s series B
1957 MN
Vera Cruz & Pacific RR—

556,000
98,000
13,000
12,000
5,000
15,000

Ask

Lowest

Highest

Lowest

Feb. 29

Feb. 1

80 M Sale
J09M

J
J

A

First

RANGE SINCE JAN.

PRICES IN FEBRLARY

Price
Jan. 2,

exchange

207,000 United Drug Co (Del)

363,666

EXCHANGE—BONDS

N. Y. STOCK

30

8M
109 M Sale
109M 110

17

Sale
Sale
Sale

Sale

110M

83 M

36 M
70

6

5
85 M Feb.
31M Feb. 26

8M Feb.
8M Feb.

.

9

8

70

Feb.

8

107M Feb. 14
109M Feb. 20
127 M 126M Feb. 21
Feb. 26
108M 108
117 M Feb. 19
118
Sale
110M Feb. 21
99M Feb. 26

108

Feb.

14

70

Feb.

109

Sale

89% Sale
108 M
17 M

Sale

16 M
65 M
70 M

Sale

Sale

64
74

70

Jan.

4

Jan.

22

77

Jan.

3

88

Feb.

20

35M Jan.

5

3d

Jan*

5

70

Feb.

8

107 M

Feb.
109M Feb.
126

109

Feb.

13

108

120

Feb.

1

111M Feb. 13
99M Fed. 28

17

84M Jan. 15
31M Feb. 26

109M Feb. 20
127 M Feb.
9

Jan.
Feb.

35 M
70

Jan.

8

Jan.
20 109 M Feb.
29 127 M Jan.
26 109 H Jan.

16

14 108
__

85

Feb.

9

28

90

Feb.

5

88M Jan.

2

Jan.

107 M Jan.
17 M Jan.

4

Feb.

82 M Feb.

26

15

Feb.

26

Jan.

15

Jan.

29

67 M Feb.

1

69M Feb.

13

25

Feb.

29

66M Jan.
14
Jan.

Jan,
Jan.

3

«Jan.

48
Feb.
2
49 M Feb.
49 M Sale
44
Feb.
1
47
Feb.
46 M Sale
115M 116M 115M Feb. 23 115M Feb.
97
Feb.
1
99 M Feb.
99 M Sale
6 102M Feb.
102
Feb.
10213J
12M Feb. 29 12 M Feb.
12M Sale
105 % 106
104M Feb. 23 105 M Feb.

29

46M Jan.
41M Jan.
113M Jan.

19
18

Jan.

23

16

Feb.
Feb.

28

96M Jan.

29

Feb.

6

Jan.

12M Feb. 29

Jan.

69
15

99

109 M
18 M

26

Sale

67 M Feb.
66 M Feb.

Sale

14M Feb.

13

99 M

Sale"

99

Feb.

110

Feb.

16M Feb.

67

Feb.

6

1

70 H Feb.

1

15

1 100
6 110

6

5
1

64

102

Feb.

Feb.

9

103 M Jan.
97
Jan.

Feb.

6

110

7

29
7
16 M Feb.

18 M Feb.

7
19
13 M
16M Feb.
19
7M
6M Feb. 26
7M
6M
Sale
7
Feb.
5
12
6
7
8M
6.M
108 M 108M 108 M 108 M 108M Feb. 24 109
1 110
109 M Sale
109 M Sale
109M Feb.
20
9M
20
9M

13M
7M

29

Feb.

1

Feb.
Feb.

5

Feb.

2

8

22
12

2
1

Jan.

16 M Feb.
Jan.

65

Feb.

66 M
Sale

20

Jan. 17
117M Feb. 19 120
110M Feb. 21 111M Jan. 24
99M Feb. 26 99 H Feb. 28

82M Feb. 26
Feb.

5

Feb.

3 108M Feb.
7
108M Feb.
17M Feb. 29 18 M Feb. 21
16 M Feb. 26
8
18M Feb.

89

9

Feb.

18

Feb.

6

Feb.

16 M Feb.
16 M Feb.

6

Jan.

7

Jan.
Jan.

21

Jan.

2

Feb.

6M Feb. 26
5
7
Feb.

07
4
4

4
4
8
4
29
23
28
10
2
30
9
6

Jan.

108M Feb. 24
109M Jan. 17
9M Jan. 26

Jan.
Jan.
Jan.

9
26

Youngstown Sheet & Tube—

•

A

1948 M S
1961 MN

Convertible deb 4s

270,000
151,000

1st mtge s f 4s series C

Bonds selling flat.

Italian Credit Cons, for Public Works 7s series B
Distillers

Products

Corp.

3Ms

1949,

partially March 1.
Panhandle

Eastern

Line

Co.

4s

Corp.

of America

15 at 101.




Sale
Sale

108 M

105 M

Sale
Sale

105M Feb.
105M Feb.

J Companies reported as being in bankruptcy,
receivership, or being reorganized under Section 77
of the Bankruptcy Act. or securities assumed by
such companies.
a

the

Deferred delivery sales, only transactions of
month, and not included in year's

current

n

Under the rule sales, only transactions of the

1952,

June 15 at 100.
March

105 M
105 M

current month and not included in year's range.

Pipe

partially March 1.
Richfield Oil Corp. 4s 1952, partially March 15.
Southern Nat. Gas 4Ms 1951, partially April 1.
Southwestern Gas & Elec. 4s series D
1960,
entirely March 21 at 104.
United States of America 3 Ms 1940-43, entirely
Vanadium

Sale
Sale

range

1947, partially March 1.

National

105 M

t The price represented is the dollar quotation
per 200 pound unit of bonds.
Accrued interest
payable at exchange rate of $4.8484.

Negotiability impaired by maturity.

Tf The following bonds have been called for
redemption, either entirely or partially:
Allied Stores Corp. 4Ms 1950, partially April 15.
Chicago Union Station 4s 1944, partially April 1.
Dayton Power & Light Co. 3Ms, 1960, entirely
March 16 at 104 M.
Goodrich (B. F.) Co 4Ms 1956, partially Mar. 15.
►

109 M

5s

1941,

r

Cash sales,

only transactions of the current

month, and not Included in year's range.
t Odd lot sales, not

included in year's range:

Treasury 4Ms, 1947-52. Feb. 28 at 119.28.
Treasury 3Ms 1941, Feb. 23 at 104.28.
Treasury 3s 1951-55, Feb. 26 at 109.27.

entirely
x

Ex-interest.

1 108 H Feb.
2 106M Feb.

17
10

105M Jan.
105M Jan.

e
The following cash sales
during the current month and

22 109 M Jan.
22 106M Jan.

were
are

transacted

not included

in the monthly or yearly range.

Finland 6s 1945, Feb. 27 at 51.
Great Northern 5s 1973, Feb. 7 at 92 M.
Utilities Power & Light 5Ms 1947, Feb. 1 at 95.

z

The

following

deferred

delivery

sales

were

transacted during the current month and are not
included in the monthly or yearly range.

Agric. Mtge. Bank 6s 1947, Feb. 23 at 26M»
Conn. Ry. & Ltg. 4Ms stpd 1951, Feb. 19 at
Cuba 5s 1949, Feb.

109.

23 at 100.

Czechoslovakia 8s 1952, Feb. 2 at 12.

Long Island unified 4s 1949, Feb. 8 at 88.
Louisville & Nashville, Mob. & Mont. 4Ms 1945.
Feb. 23 at ltlM.

Pennsylvania 4s 1948, Feb. 24 at 113.
Sydney 5Ms 1955, Feb. 23 at 84M.
Treasury 4s registered 1944-54, Feb. 23 at 114.11.

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING FEBRUARY 1940
February.

Shares.

Jan. 1 to Feb. 29

4

1939

13,873,323
39,055,673

except in the case

a

....

1939

$118,993,000
278,604,000

Jan. 1 to Feb. 29.

265,301,000

rule of the Stock Exchange,

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

February

effective Oct. 3,1915, all stock? are aow quoted dollars per share. Prices are on a basis of
of stocks which sell only in a small way.

la accordance with
ots

1940

$120,384,000

Bond Sales

1940

13,470,755
29,461,420

Stock Sales

100-share

the month's range, unless they are the only transactions of the month, and when sellin g
the month in which they occur. No account is taken of such sales in computing the

for the year.

AQQREQATE
SALES
In

February
Shares

Since
Jan. 1

Jan. 2

1940
Feb.

Par

Shares

3,600

8,000 Abotfc Laboratories........—*

50

454 conv preferred
150
.100
——*
10 Abraham & Straus
5,000 Acme Steel Co.............25

10

4,600
16,500

28,400
1,400
4,800
46,100
1,600
23,600

900

2,700
24,900
-800

11,300

10'100

19.266

15,600
1,900
1,900

34,100
4,900

800
23,500
30

2,100
43.800
30

3.700

Adams Express
*
Adams Millis—........——*:

Addressograph Multigraph-_10
Air Reduction Inc
,
—*
Airr-"Way EVlec Appli Corp....*
Alaska Juneau Gold- Min—lb
Albany & Susquehanna RR.100
Allegheny Corp.—.————*
Pref series A $30 warr'ts-lOO
Pref series A $40 warr'ts.lOO
Pref series A $30 ex-war. 100
$2.50 prior conv pref
-*
Alleghany Ludl'm Steel Corp *
All eg & West Ry 6% gtd—.100

3,700
9,500

5,200 Allen Industries Inc....—.1
.... *
20,300 Allied Chem & Dye

1.400

2,000
26,200
53,200
1,900
53.200

10.900
22,200
700

21.900

5

Allied Kid Co.

Allied Mills Co Inc
*
Allied Stores Corp...———*

....—100

5% preferred
AlRs-Onalmers

Mfg..—.—-*

4.300 Alpha Portland Cement-—-*
1
5,900 Amalgam Leather Cos. Inc
6% cum preferred—.—50
1,400
5,900 Amerada Corp.. ........... *

1,400
3.300
700

2,500
1,800
20,800
5,800

6,100 Am Agric Chemical (Del)....41
American Airlines Inc...—10
American Bank Note.......10

57,500
13,500
1,200
19,900
12,100

460

17,400
4,900
130

310

12.300

29,300
2,200
35,100
4,800
24,600

1,000
19,600
2.600

13.600
200

200

1,600

2,800
20

20

6% preferred............50
b American Bosch Corp
1
Am Brake Shoe A Fdy
*
534% conv preferred....100
American Can.............25
Preferred
.——100
Amer Car & Foundry..
*
Preferred..
..........100
American Chain & Cable.....*
5% conv preferred
100
American Chicle..-.-...-..-*
Am Coal Co of Alleg Co N J-25

14,100 American Oolortype........10
.....20
5.900 Am Com Alcohol
11.800 Amer Crystal Sugar Co.....10
6% 1st preferred........100
420
16.900 Amer Encaustic Tiling......1
800 Am European Securities.....*
20,000 Am & Foreign Power....—.*
$7 preferred......
..*
23,000

12,500
1.600
6,900
220

3,300
300

8,600
5,400
1,200

2d preferred

8.400
16,500

3.100
12.200
8,500

$6

A............*

preferred..............*

Hawaiian Steamship.... 10
80,200
18,300 American Hide & Leather... 1
Am

900

6% preferred............50
2,000
1
12,700 Amer Home Products
..........—*
32,600 American Ice
6% preferred—.........100
8,900
13,100 Amer internet Corp....—.—*
*
1.400 Amer Invest Co of Illinois

1,800
8,300
2,500
7,700
3,100
5,400

5% conv pref—
—50
2,100
*
24,500 Amer Locomotive
Preferred
—.—.....100
5,700
Am
Mach
&
Foundry...—...*
17,800
6,500 Amer Machine & Metals....*
*
16,800 American Metal

100

6% conv preferred..— —100
1,880 American News Co..........*
84,600 Amer Power & Light—......*
$6 preferred............—*
34,300

700

4,700
12,100
3,500
4,800

2,400
4,400
3,500
1,120
26.600
700
1.900

400

8,500
1.700
1,000
22,000
5,700
15,700
1.200
6,200
30.500
1,300

7,500
6,800
15,800
200

105.900
1,400
4,100
2,000

ii
11

46,800
10,600
3,300
15,100
4,100

Amer Steel Foundries......
American ^Stores

.....—..*

AmericanjStove Co.....——*
American *Sugar^Refining. .100

Preferred. .............lOO

2.400 Amer Sumatra/Tobacco—*
53,600 Amer Telep & Teieg—.....100

14,600 American Tobacco.———25
Glass B
—25
40,300

3,000
13,300
77,100
2,700
19,600
15,000
29.900

6%

preferred..—.......100

American Type Founders....*
Am Wat Wks & El..........*

$6 lstipreferred—

*

American Woolen——.—*
Preferred. ............. 100
Amer Zinc, Lead &ASmelt... 1

700

$5 prior conv pref....—.25

202,700 Anaconda Copper.—..—...50
2.300 Anaconda Wire & Cable.....*
8,300 Anchor,Hocking Glass .Corp *
$6.50 conv preferred..—.*
2,180

For footnotes see page 40.




48

754 Sale
2154
2254
18
1754
4854

Sale

Bale

Sale

1

Sale

Sale

Sale

11

Sale

12
Sale

13

Sale
8% Sale
67
6854
4654 Sale

15

J-V4
Sale

4554

65i Sale

1054
17654 Sale

*S1$

2154

4154
46

140
Sale

10

12
14

Sale

Ask
6854 Sale
136
15954

J.
Sale

1154
1554
14**
2154 Sale

954 Sale
10
954
14

16

20

Sale
Sale

10

17254 Sale
13

US

145a
Sale

854
6554

67 54
Sale

3554

Sale
Sale

.

16
Sale

Sale

11354 Sale
175
17854
3154 Sale
50
90

Sale

Sale
14

Sale

6754
3654 Sale

130

133

173

654

Sale

Sale
Sale

6
Sale

2

171

Sale

454

Sale

d*

Sale

60

Sale

Sale

554
a

554

3

23 54
120

2H
2854

30
.554 Sale

41

5154
1954

B*
3

23 54
11554

Sale

25

Sale

Sale

Sale

Sale

Sale

354 Sale
5554 Sale
4554 Sale

Sale

Sale

155
Sale

162
Sale

70
Sale

Sale

65 54
Sale

1054

144

3254 Sale
1254
Sale
Sale

30

Sale

9
161
15

6754
1214
1054
3054
4854

£4754 Sale
14554 14854 142
69
70
6854
14754
14754

Feb.

5116

171

Feb.

21 174

13
6

24

3954
2054
2154
11354 11454

56

Feb.
Feb.

142

Sale

8
21

15
21
9

17
17

Sale

6854 Feb.

70

Feb.

9

1554
2154
94 54

15

Sale

3754
Sale
Sale

39

6
Feb.
Feb. 29

Jan.
Jan.
Jan.
Jan.

15 138

15

Jan.

Feb.
Feb.

3
2

Feb. 26
6
Feb.

87

1

28

Feb.

Feb.

11154 Feb.

16
1

2254 Jan.

16

119

2354
354
5254
4354

Jan.

4

18
24
16

U

1

i4

16
20
24

4
354 Jan.
2454 Feb. 21

21

Jan.
Jan.

5
8

Jan.
Feb. 29
Jan. 27
Jan. 27

Jan.

Feb. 26
1054 Jan.
8 16054 Feb.
Jan.

Feb, > 5
2
Feb.
2
Jan.
Jan. 16
2
Feb.

46

Jan. 22
Feb. 28
Jan. 11
70
Jan. 18 15054

68

Jan.

dm

Jan.

Feb.

Jan.

1854 Jan. 23

5

93

3154 Feb.

38
Feb.
21
Feb.
3
21 11354 Feb.

95
754
4154
554

Jan.

39

Jan.

19

3

Feb.

5
7
23

Jan.

24
23
4

Jan.
Jan.

9
3

Jan.

3
21
11
3
2
5

Jan.
Feb.

Feb.

2

2654 Jan. 22
5
3554 Feb.

11

Jan.

Feb.

22

17

Jan.
Feb.

2
Feb.
Feb. 26
Jan. 30

28

4

3
19
Feb.
9
Jan. 22
Jan.

Jan.

3
16
5
Feb. 23
Feb. 23

22
1

8
4

16
Jan.
3
11*
Jan.
5
70
5
1254 Feb.
Feb. 23

1454
6454
1154
954
2954
142

9

4 120
Jan.
30
2554 Feb.

24

24
21

8
8

3
2
2
6054 Jan.
354 Feb. 19
3054 Feb. 24
6
654 Jan.
Feb. 23
Jan. 23
Jan.
3
Jan.
4
Jan.
3
1454

15
13
3

Feb.

Feb.

8
4

Jan.

3554 Jan.
654 Jan.
Jan.
37

Feb.

40

15
23

Jan.

2
20

15

3
Feb.
9
Feb.
9
Feb.
Feb. 21

16
2
2

Jan.

29

29

12

9854
854
4754
754

Feb.
Feb.

Feb.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Feb.
Feb.
Jan.

2654 Jan.

2354 Feb. 23

3
12
29

1454 Feb. 23

2

16

6

4

854 Feb. 23
5
854 Jan.

26

9
3054 Feb.
1354 Feb. 16
Feb.

13

2
81
Jan.
Feb. 23
15 54 Feb. 15 £1454 Feb. 29
1 17254 Feb. 21 16754 Jan. 15
Feb.
1
2
89
Feb.
7
85
Jan.
Feb.
8
2
90 54 Feb. 23
Feb.
8654 Jan.
7 14654 Feb. 29
Feb. 29 15054 Feb.
5
5
Jan. 12
Feb.
554 Feb. 23
9
Feb. 26 1054 Feb.
954 Feb. 26

2654 Feb.
3554 Feb.
19

1

3
20

Feb.

5

149

150

19

Jan.
854 Feb.
4554 Jan.

50

3
9
8

9

8

5054 Feb.
1154 Jan.

Jan.

155

Feb.

Jan.

9

154 Feb. 28
2254 Jan. 31

8

146

21

9

24
3
4

21

16054 Feb. 16
8
,1554 Feb.
29

Jan.

254 Jan.
1654 Jan.
5654 Jan.

Feb.

2454
554
4054
5054
1854
5154
1354
254

28

16

554 Jan.

24

1454 Feb.
354 Feb.
2454 Feb.
11954 Feb.
2554 Feb.
454 Feb.
5684 Feb.
4754 Feb.

4

354 Jan.

254

28

9

4154 Jan,

4

5

19

13

9
2

Jan.

68

17

27
29

19
23

Feb.

Feb.

654
1054
815a
254

1954
28 5s
454
3354
5654

Feb.

5

2054

15

5254 Feb.
2054 Feb.

Feb.

36

14

5
1254 Feb.
1154 Feb. 23
33 54 Feb. 17
5154 Feb. 20

42
Sale

Sale

15

67 54 Feb.

43
Sale

Sale

1

4154 Feb. 23

1

99

27

Sale
11

Sale

W*
37

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9

Sale

Sale

39

Feb.

24

Sale

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

10

Sale

Sale

554 Sale
1154 Sale

9

254
554
154
2654
554
2154
3254

5854
3 H
3054
6 54

Feb.
Feb.

Sale
Sale
Sale

Feb.

Feb. 21

554
3454

Sale

Sale

149

3

354 Feb.
5454 Feb.
4454 Feb.

97
Sale

Sale

23

7

Feb.

29
9
13
25

3
1954 Feb. 23 2354 Jan.
Feb. 15
10854 Feb. 15 109

Feb.

148,4 Feb. 23

Jan.

954 Jan.

Jan.
5 132
5 11654 Jan.
Feb.
Feb. 21 17654 Jan.
1
3254 Jan.
2354 Feb.
5
42
Feb.
5154 Jan.

Jan.
Feb.

87

Feb.

112
171

6

Feb.

Sale

13
22

133
13

Feb.

954 Feb.
2954 Feb.
£4754 Feb.

554 Jan.
3854 Jan.
13054 Jan.

23

Feb.

Sale

22

Feb.

162
Sale

Sale

Jan.

854 Feb. 23

12

Sale

9

15

5
1454 Feb.
154 Feb. 28
1454 Jan. 15
3
5354 Feb.
1954 Jan. 18
4154 Jan. 12
1054 Feb. 28
46

Feb.

1054 Feb.

1354 Jan. 15
754 Jan. 19
6354 Jan. 22
1
3554 Feb.

13

Feb.
Feb.

2654 Feb.

Sale

9

1251 Jan.

73

2 180
14
10

15

1954 Feb.
2954 Feb.
454 Feb.
3354 Feb.
5754 Feb.
254 Feb.
28

109'

9

Feb.

15

Sale

2154
9214

5

19
9
20

171

15
19
23

Feb.

Sale

8954
1554

21

954 Jan.

19

Feb.

Sale

Sale

3
14

Feb.

5 138

15

654 Feb.
11

Sale

87

Feb.

1954 Feb.
10854 Feb.
13554 Feb.

1954
8854
xl4tt
Sale
17054
Sale
8754
Sale
£8854
Sale
14654
Sale
554
Sale
954
9854 9654
Sale
754
Sale
4154
Sale
554

Sale

15
1454
17154 Sale
8554 Sale

13

Feb. 21
6
Feb.

2754 Feb.
4654 Feb.
2154 Feb.

2354 Feb.
42

Sale

1654

Feb.
Feb.
Feb.

9

_

112

554
4054
52
5054
Sale
1854
Sale
5154
Sale
1354
Sale
254
2354 2254
122
11954

Sale

1054 Feb.

20
554 Feb.
9
44
Feb.
3854 Feb.
13054 Feb. 21 13154 Feb. 10

42

25

Sale

9

1954 Sale
3154 Sale

Sale

Sale

95

Sale

Sale

Sale
55
Sale

Sale

5

Sale

4054
52 54

120

Sale
Sale

Sale
34
58 54 Sale

Sli*

Sale
Sale
Sale
Sale

iy
13

1254
Sale

Sale

34 54

254
254
2354
654 Sale

m

137

Feb.

23
5

^

Sale

45 xa

8*

47

2354 Sale

a

2854 Sale

a*

2554 Sale
43 54

72

Feb. 29

21

Feb.

Jan

73

1554 Feb.
2 54 Feb.
1654 Feb.
5654 Feb.
2054 Feb.
5054 Feb.
1154 Feb.
4954 Feb.
854 Feb.

Sale
Sale

4

9

Sale

6

3

Jan.

3854 Feb.

8254 Feb.
254 Feb.
554 Feb.
154 Feb.

Sale

UK Jan.

1

4554 Feb.
1054 Feb.

8

4
1254 Jan.
3
1654 Jan.
2354 Feb. 21

3554 Feb.

20

8

18

13

90
8754
254 Sale
554 Sale
154 Sale

8554

Sale
25
654
2054 Sale

¥

4154 Sale

175

14

8154 Sale
Sale

,4954
Sale

133
Sale

137

15
954
654 Sale

3

Sale

154 Jan.

30
31

9

954 Jan.
1354 Jan.
1854 Jan.

Feb.

5354 Feb.

2
9

7* Jan.

1054 Jan.

9

68

Feb.

4

Jan.

.

9

5

1454 Feb.
154 Feb.

1754 Jan.: 20
4854 Feb.
5
54 Feb.—7
"654 Feb. 24

8
1154 Feb.
8
1654 Feb.
23 54 Feb. 21

Feb.

15

3
15

1354 Feb.
1154 Feb.

8
1254 Feb. 29 xl4
9
1354 Feb. 14 15
8
Feb. 26
954 Feb. 13

66

9

Jan.

2254 Feb.
1954 Jan.
5854 Jan.

Jan.

31

2 180

IP
6i

9

4854 Jan.
9

754 Feb.
21

54 Jan.

Feb.

1

Feb.

Fen.

45

1

171

17554 Sale

2

Feb.

15
8

1

1

1

9

Feb.

Feb.

Feb.

1054

1
2

Feb.

Sale Prices
Sale Prices
68
Jan. 15
7054 Feb. 14
Feb.
8
147
144
Jan.
3
4154 Feb.
4154 Feb.

Feb.
1

10

10

Sale
2054
11354 10854 112

10654 11354

54 Feb.

2

19

131
115

Sale

24

Feb.

Sale

132
Sale

Sale

52

Feb.

8

3
14

Feb. -1

72

6

4454
138
131

7

73

20

Sale
Sale

17
5

1554
1354
2254 Sale

4754 Sale
1054 Sale
4854

6

Feb.
Feb.

Feb.

11

10

Sale

4754

By

Feb.

Feb.
Feb.
Feb.
Feb.

11

Sale
1454 £15
2
254
154
1654 1554
1654
54
53 54
5454

Sale

!P

4854 Feb.

Feb.
Feb.

954
954
1454
2054

Sale

Sale

1054 Sale
4954 4954

xtP
IP

11

IP

Sale

46

Prices
Feb. 14

1

Highest

Lowest

Highest

Sale Prices
Feb. 17
Feb.
8
Feb.
3
Feb.
6
J4 Feb. 5
Feb.
8

U

5554
2054 Sale

64,000 Amer Smelt & Refining....—*
Preferred
...........100
3,800
3,400 American Snuff..........—25
6% preferred—.......—100
30
1

300

1854
5054

50,100 American Rolling Mill... —.25
454% conv preferred-.—100
4,300
8,600 Amer Safety Razor....-.18.50
7,200 American Seating Co........*
3,480 American Ship Building.....*

21,900

lM

5654 Sale.

Lowest

Feb. 29

Ask Bid

6954 Sale
14454 147
4554
47 54

/P

un Sale

1

Bid

2254

$5 preferred-.............*
44,400
186.400 Am Radiator & Stand San—*
Preferred
...........100
40

20

Ask

68 54 Sale
Sale
144
48
42 54
50
48
8 54 Sale

400

1,210
19,300
7.500
11,700
83.200

6,500

Bid

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price

STOCKS
N. Y. STOCK EXCHANGE

Jan.

Jan.

3, 2154
_

11154 Feb. 21114
a

Jan.
Jan,
Jan.

10

3 58

N. Y. STOCK EXCHANGE-STOCKS

aggregate
sales
In

Since

February

Jan. 1

Shares

Shares

100

1,800
1,900
27.700

2,800
300
9 600

1,300
3,600
20

11,300
300
400
600
560

38,900
3,200
9,400
1,900
800

•

15,100
1.200
19,300
2,600
3,300
430

600

9,600
9,120
1,440
47,100

27,400
20,500
5,500
3,300
1,170
4,400
900
430

20,900
18,500
100

1,500
^

100

Jan. 2

1940

1,300
200

131,200
8,300
1,100
2,800
85,300
22,875
8,100
2,900
2,800
25,500
2,200
100
30

37,600
6.000
430

1,100
5,700
24,600
35,800
600

2,400
8,600
12,600
13.500
600

2,400
43,300
29,500
25,600
218,500
22,300
25,400
7,000
500

21,500
9,500
290

15,700
670

50,600
7,900
2,600
25,400
20,400
4,100
160

2,300
1,000
6,700
6,100
520

2,600
11.700
100

29,000
20,800
5,600
136,400
80

62,400
600

2,000
1,030
220

1,700
3,000
2,600
160

11,900
67,800
2,720

128.800
160

11,700
5.100
300

1.000
3,700
100

Bid

Co—20
5

*
3,500 Archer Daniels Midland
3,900 Armour (Del) 7% preferred. 100
5
70,800 Armour of Illinois
8,700
$6 convertible priorpref.
400
7 % preferred
100
30,400 Armstrong Cork Co
*
3,000 Arnold Constable Corp
5
6,300 Artloom Corporation
*
30
7% preferred
100
24,300 Associated Dry Goods
1
1,000
6% 1st preferred
100
3,300
7% 2d preferred
100
1,100 Associated Investment Co—*
1,050
5% pref
100
92,500 Atchison Top & S Fe
100
8,900
5% preferred
100
100
19,500 Atlan Coast Line RR
3,200 Atl G & W I SS Lines
3,300
5% preferred
100
37,700 Atlantic Refining
25
1,600
4% conv pref series A—100
39,400 Atlas Corp
5
7,700
6% preferred
-—50
*
4,900 Atlas Powder
620
5% preferred
100
1,800 Atlas Tack Corp
*
20,700 J Auburn Automobile
*
9,520 Austin, Nichols &Co
*
1,570
$5 prior A
132,900 Aviation Corp (Del) The
3

78,000 Baldwin Loco Wks vt tr ctfs_13
46,900 J Baltimore & Ohio
100
4% preferred
100
12,8p0
9,100 Bangor & Aroostook
__50
3,040
5% conv preferred
100
8,800 Barber Asphalt Corp
---10
2,600 B arker Bros. —Trr...
780
5*% preferred
50
5
39,400 Barnsdall Oil Co
31,200 Bayuk Cigar Inc
*
110
1st preferred..
100
11,800 Beatrice Creamery
25
209
$5 preferred with warr....*
20 Beech Creek RR Co

""'566

50

12%

AH

32

106*
5%
47*
52

-

14,300
31,700
37,600
1,700
5,100
52,000
41,900
33,900
319,200
36,900
43,500
24,600
700
38,800
21,800
720
36,300
2,130
64,500
11,100

_

*

-

Borden Co (The)

15
5

Borg-Warner Corp
Boston & Maine

100

Bower Roller Bearing Co

5

Brewing Corp of America..3
Bridgeport Brass Co
*
Briggs Manufacturing
Briggs & Stratton
Bristol-Myers Co
Brooklyn & Queens Transit..*
0

$6 preferred
86 pref ctertifs of deposit..*
Bklyn-Manhattan Transit
*
$6 preferred series A
*
Certificates of deposit
Brooklyn Union Gas
*
Brown Shoe, Inc
*
Brunswlck-Balke-Coll

Bucyrus-Erie Co
7% preferred
Budd (E G) Mfg
Preferred 7%

*

10

100
*
100

Budd Wheel.
Bullard Co

*
*

6,200 Bulova Watch

*

77,700 Burlington Mills Corp
37,400 Burroughs Add Mach
*
12,700 Bush Term Co
1
JBush Terminal Bldgs—
840
Depos. ctfs. 7% pref....100
8,300 Butler Brothers
10
2,300
5% conv preferred
30
13,500 Butte Copper & Zinc
5
12,400 Byers Co
Partic preferred
1,400

4,700 Byron Jackson Co
25,500 Calif Packing Corp
300
5% preferred
47,800 Callahan Zinc-Lead

*

.--.100
*

Sale

Sale

Sale

Sale

Sale

Sale

5* Feb.

Sale
58
Sale

Sale

Sale

Feb.

60
Sale

68
Sale

Feb.

For footnotes see page 40.




78

77

73

73
Sale

Feb.

41

Sale

Sale

Sale

Sale

;

109*

; 110

Sale
Sale

I

108

8%
47%

18$

P

Sale

107*

Sale

50
Sale

65

123*
6*

123%

A*

Sale

Sale

Sale

14* Feb.

1

Feb.

9

5.
Feb. 24
6* Feb. 26
11* Feb. 29
44* Feb. 29

5* Feb.

9

Feb.

9

Sale

;
r.

15*
7%
28*

Sale

6*
11*
44*
14*
7*

28*
11

Feb. 24
8
Feb.
Feb. 28
Feb.
1

28

28

21

Sale

Sale

19* Feb.
9* Feb.
18
Feb.

Sale

Sale

2*
Sale

19*
15*

18

14*

23* Sale
24* Sale

Sale

Sale

37

Sale

51*

Sale

Sale

Sale

Sale
Sale

Sale

57

22

36

Sale

24* Sale
9* Sale
105

Sale
Sale

22*
Sale
Sale

71

24*

Sale

30

Sale

18*

Sale

12

Sale

51*

Sale
Sade

Sale

Sale

5

Sale
Sale

102

69
14
Sale
55
Sale

7*

Sale
Sale

Sale

5*

Sale

40

39
Sale

39*
5*
Sale

87.
85*
24* Sale
3

68

Sale

70

115* 118
49

Sale

28*
113*
11*
64
65*
Sale
23*
Sale
2*
113* 113
4*
4*

Sale

Sale

Sale

Sale

Sale

Sale

Sale

5*
99

17

6* Feb.

17

Feb.

37
10

8

5*
94*

66
Sale
Sale

8

7
13* Feb'.
24* Feb. 28
52

Feb.

1*
6*
13*
18*

1
Feb.
1
Feb.
Feb. 27
1
Feb.

36

Feb. 21

3

4* Feb.
38* Feb.

1

5

Feb.

27

39

Feb.

1

6

86* Feb. 23
Feb.
Feb.

24
3

67

5

3
24

...

""5*

4* Feb.

20

8*

6* Feb.

1

«Sk
99

5* Feb. 26

9

10
9

16

17

110

29

Jan.

64* Feb.

Jan.

41

Feb.

Jan.
Jan.
Jan.
Feb.
Feb.

Feb.
Jan.

Jan.
Feb.
Jan.

9

Jan.

78

Jan.

85

Jan.

18

Jan.

11
11
16
43
Feb. 21
100* Feb. 19
3
25* Jan.
9
54* Feb.
3
23* Jan.

Feb.

j.u

Jan.
Feb.

Jan.

9

10

16* Jan.

19

Jan.

15
18

18

1* Feb.
1 * Feb.

14* Jan.
5

Feb. 29
Jan.
4
Feb. 23
Feb. 23
Jan.
2
Jan.

Feb.

24

6* Jan.

Feb.
Feb.
Feb.
Jan.
J&Hr
Feb.
Feb.

26

8

28

Jan.

15

29

29
18
.8

2:3

Jan.

22

Tan.
Jan.

10
15

Feb.
Jan.

Jan.
Jan.
Feb. 16
Jan. - 9

29

Feb.

15
27

Feb.., 7

««30* Jan.

24

27

64

Feb.

33* Feb. 21
22* Feb. 23
56* Jan. 18

Jan.

15

39

Jan.

3

Jan.
Jan.

22

83* Jan.

3
26

Feb.

Jan.
Feb.

23
16
5

18

29
17

62

22

Feb.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

4

12

Jan.
Jan.
Jan.
Jan.

3

15

Jan.

9

25* Feb.

Jan.

17

31* Jan.

15

35* Jan.

21* Jan.
2

6

Feb.

Jan.

10*
19*
38*
51*
1*
12*
12*
13*

Jan.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.

49

48

2

5

3

15
23
28

16

5
5
4

75* Jan. 30

26
Feb.
12
11 123* Jan.
65
Jan.
5
5

26

34*
22*
11*
23*

24*
23*
25*
'ZaA
2*

22

28

15
15
19

Jan.

19* Jan.
9* Feb.

14*
55*
21*
21*
117*

15

Jan.

9* Jan.

207u Jan.
10
Jan.
2 121

28

20

13* Jan.
4
31* Feb. 29

6 127

Feb.

Jan.

14*
52*
15*
8*

5 115

Jan.

Jan.

14

Feb.

7*
2%
4*
28*
7*

6*
11*
44*
13*
7*
26*
10*
25*

25

Feb.

29 124* Jan.

7* Jan.

6

16

8% Feb. 20
51
73

63

3
4

18* Jan.
23* Feb.

19 110

47* Jan.
120

7

Feb. 13
4
10* Jan.
9* Jan., 4
*
96* Jan. *2

8* Jan.
96* Jan.
7* Feb.

36*
97*
22*
50*
18*
13*
14*
20*
107%
8*

29

51* Feb. 13

Jan.

75
70

Feb.

6* Jan.

Jan!

9
10
5
3

Feb. 21
Feb. 21
Jan.
3
Jan.
4
4

6* Feb. 27
3
12* Jan.
3
22* Jan.

g*

5

Feb.

23

Feb.

20

Feb.

2

1

Jan.

28

30

17* Feb.

17

20*

Feb.

Jan.

30
3

85

Feb.

20
27

Jan.

15

59* Feb. 17

21* Feb. 26

25* Jan.

35

35* Feb. 10
25* Feb. 21
9
10* Feb.

Jan.

15

Jan.
Jan.
Jan.
Jan.
Jan.
4* Jan.

15
15

21*
8*
101*
5*
39*

15 105

Feb.

4

16

5

30

6* Jan.
44* Jan.

5

18

Feb.

17

30

Feb.

19

20

Jan.

19

26

Feb.

19

17

Jan.
Feb.
Jan.

31* Jan.

1

28*
18*
11*
3*

12

19* Feb.

27

21* Jan.

3
10

2

Jan.

19

12* Jan.
4* Jan.

9* Feb. 28

12* Jan.

26

12* Feb. 13
9
4% Feb.
11
7

Feb.
Feb.
Feb.

19

- '

52

18

30

Jan.

4

3

Feb.

10

29

J an.

22
8

13* Jan.
81* Jan.

3
3
3

8

Feb.

Feb.

7

9
3

51

Jan.

2

1*
6*
13*
16*

Jan.
Jan.
Jan.
Jan.

23

39

Feb.

15
15

4* Jan.
38* Jan.

13

21

1

8
89* Feb.
9
25* Feb.
3* Feb. 21
70* Feb. 16

Feb. 27

Feb.

9

Feb.

15

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
5* Feb.
9
Feb.
5* Feb.

69

13* Feb.
23* Jan.

15* Feb. 15
22* Feb. 21
39
Feb. 15
5* Feb. 27
39* Feb. 13
5
5* Feb.
40

4

6* Jan.

20* Jan.
3* Jan.
11* Jan.

21
—

3

1

15

14,
26!

3

10

4* Feb. 19
9
13* Feb.

Feb.
Feb. 14 116
Feb. 26 52*
30*
5
26* Feb.
Ill* Feb. 26 114*
12*
6
9* Feb.
64
Feb.
2
66*
22* Feb.
2
24*
2* Feb. 14
3*
113
Feb. 23 114
111

17

3% Jan.
3
35* Feb. 27

Jan.
Jan.
Jan.

30* Feb.

71

38*

90

Feb.

43

Feb.

14*

24*
3*

21

69

Sale

Sale

22

Feb. 27

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

67

35*
5*

Sale

53* Feb.
59*
21* Feb. 26 23*
Feb. 27 35*
1
22* Feb.
25*
9* Feb. 27
10*
103
Feb. 13 105
5* Feb. 14
5*
35

22

10*
Sale

Sale

42

Sale

85

22
21*
3*
11* Sale

Sale

65

55* Feb.

Feb. 28
Feb. 26
Feb. 14
8
Feb.
Feb. 27

Sale

Sale

17* Feb. 17
20* Feb. 20

9%
6*
21*
3*
11*

9*

25

Sale

10

2
5
Feb.
Feb. 27
Feb.
1
1
Feb.

13*
52

1

28*
18*
ill*
3*

3* Sale

14

28

Feb.

5

22*
29*

15

14* Feb.

5* Feb.

Sale

10

20

Sale

Sale

Sale

16

1

Sale

Sale

51* Feb.
1* Feb.
14* Feb.

39* Feb.

M

74*

38* Feb,

Sale
6

9

6* Feb. 27
11* Feb. 21
9
21* Feb.

Sale
Sale

1

Feb.
Feb.

Sale

Sale

Sale

Sale

9

Feb.
Feb.

28

13

15
9

Feb.
Feb.
Feb.

Sale

15*
17*
36*

6*
38*
86*
25*

Sale

21*

Sale

Sale

Sale

35

Sale

15*

55

37
Sale

Sale

81

Sale
Sale

1

15

17
Feb. 14
Feb. 21
Feb. 21
Feb.
9

10* Feb.
19* Feb.

Sale

104

Feb.
Feb.

Sale

Sale

7%
20*

15

23* Feb.

Sale

19* Sale
81* Sale

12

80

23* Feb.

10*

2

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Feb.

20*

39*

Feb.
Feb.

14* Feb.
70

6* Feb.

Sale

Sale

a\K
Sale

Feb.
1
Feb. 19
Feb. 16
8* Feb. 17
29
Feb. 20
12* Feb. -1
31* Feb. 29
115
Feb.
7

Feb.

16* Sale

Sale

11

20*

Sale

Sale
119* 119
118
64*
63
64* Sale
23*
23*
24* 22*
Sale
23* Sale
22*
Sale
22* Sale
22
2
2*
2
2*
Sale
32
33* Sale

Sale

19* Sale
11* Sale
4* Sale

15

Sale

38
52

1*
Sale
13*
Sale
Sale
49*
Sale
38
Sale
Sale
103
Sale
Sale
Sale
24

Sale

70

Sale

39
Sale

Sale

Sale

6*
11* Sale
22* Sale

6

7*
12*
46*
15*

Sale Prices
15
Feb. 23

2* Jan.
31*
106*
5*
46*
58*

1

Highest

Sale Prices
11
Jan.

31* Sale
114
2
114* 114* 115
114* Feb.
28
27
8
27*
27* 27* Feb. 26 28* Feb.
115— 109*—112* 109*~Feb~. ~3 109** Fe57~3 1109*
30*
32
30*
Sale" 123
Feb.
Feb. 13 122
126* 122
9*
9
Feb.
Feb.
9*
3
9* x9
66*
64*
67
63* Feb.
Feb. 28
63*
Sale
32
Sale
Feb. 21
29* Feb.
26*
Sale
22
21
Sale
Feb. 23
21* Feb.
Sale
55
55
55* Sale
Feb.
Feb.
1
37
38* 37*
Feb.
Feb. 21
38* 37
Sale
75* Sale
Feb. 20
72* Feb.
70*
Sale
il9313j Sale
Feb.
xl931«Feb.
1
17*
Sale
Feb.
Feb. 28 115
117* 118* 116

20*
10*

23*
Sale
Sale

i"
&

Sale

Sale

3

14* Feb.
7*
26*
10*
26*

27

Sale

IW

-

8*
29

Sale

64

31

Sale
Sale

Sale

22*
21*
25*
2*
33*

1*
12*
12*
14*
49*
48*
23*
35*
21*
9*
L01*
5*
40*
5*
22*

6*
Sale

Sale

17 Ji

Feb. 29
Feb.
1
Feb. 23
Feb. 23
Feb.
5

5* Sale

20

Sale

Sale

Feb. 20
Feb. 14
Feb.
9
Feb.
2

15* Sale

Sale

i

9

Feb. 21
Feb. 23
Feb. 16
Feb.
5

Sale

Sale

Sale

16

Sale

52

Sale
63*
Sale
Sale
Sale
39*
Sale

20* Feb.

7%

Sale

31

5

1

Sale
Sale
Sale
Sale

Sale

Feb.

6* Feb.

17*
5%
7%
13*

30

1

9

Sale

Sale

12* Sale
26* Sale
113* 114*
27% Sale
107* 108*

24

Feb.

13

2%
4*
28*

Sale

15*
9

24

Feb.

7

15
7
8

%

29

Feb.

9

13

Feb.

26

14*
8*

3

26

1* Feb.
1* Feb.

Sale

20

I

9

Feb.
Feb.

29

Feb. 28
Feb. 16
76
Feb.
7
72
Feb. 20
43
Feb. 21
100* Feb. 19
8
24* Feb.
9
54* Feb.

15

Sale

2*

2%

i

10

Feb.

Feb.
Feb.
Feb.
41
Feb.
10* Feb.

Feb. 16
16*
Sale
21
Feb.
1
23*
108* 107* Feb. 19 110
Sale
1
8* Feb.
Sale
49
Feb. 23
51
66
Feb.
1
73
70*
Sale
Feb. 29
120
Sale
6
Feb. 21

20

26

98*
22*
50*
18*
13*

16

16*

26

Feb.

41

100
Sale

Feb.

Feb. 23

15

U5*
88

rlH
70

Lowest

7
2* Feb.
35* Feb. 27

Feb. 26
1
8* Feb.
96* Feb. 28
Feb.
6
Feb. 13

'

Sale

Sale

*

Sale

Sale
Sale
Sale

1

100

Sale
100

Sale

22H Sale

at*

.....

Sale

100

9

Feb.

108

Sale

10*

Sale
52

130 Canada Southern Ry Co
100
105,200 Canadian Pacific
25
2,200 Cannon Mills
3,600 Capital Admin Co Ltd cl A--1
1,680
$3 preferred class A
10
360 Car Clinchfield & Ohio Ry__100
84*
3,700 Carpenter Steel Co
5
23*
7,300 Carriers & General Corp
1
nV*
7,200 Case (J I) Co
100
73
1,160
7% preferred
100 118*
23,000 Caterpillar Tractor.
*
54
114,700 Celanese Corp. of America
*
29*
7,220
7% prior preferred
100 109
142,600 Celotex Corp.
......_*
10*
250
5% preferred
100 .61*
16,200 Central Aguirre Associates
*
23*
13,000 Central Foundry Co
1
3*
770 Central 111 Lt 4* % pref. -.100 112
2,300 ICentral RR of N J
100
5,000 Central Violeta Sugar Co
500 Century Ribbon Mills
20
Preferred

A*

„

20

Highest
Sale Prices

Sale

37M
10*
10*
9*
9%
96% 101%
8
8%
75
77%
36%
95
97 %
24% Sale
50% Sale

18

Lowest

11* Feb.
2* Feb.
32* Feb.

15

3

range since jan.

Sale Prices

Sale

i\H Sale

.

12

13*
Sale

*
50

32,300 Calumet & Hecla Cons Copper 5
14,700 Campbell W & C Foundry.
191,900 Canada Dry Ginger Ale

Ask

Sale

—

2,120
Class B
9,800 Bond Stores Inc

Feb. 29

Ask

Ask

1,600 Beech-Nut Packing
20 126
3,600 Belding-Hemin way
*[
9*
200 Belgian National Rys part pref
61*
214,400 Bendix Aviation Corp
5
31*
20,900 Beneficial Indus Loan Corp..*
21*
Prior pref $2.50 div ser '38
1,900
56*
*
5,300 Best & Co
38*
194,000 Bethlehem Steel Corp (Del)..*
80*
54,375
18
115% preferred
20
20,800
7% preferred.
-.100 115
12,200 Bigelow-Sanford Carpet Inc..*
30*
7,200 Black & Decker Mfg Co
*
21
*
42,300 Blaw-Knox
10*
4,500 Bliss & Laughling Inc
.5
300 Bloomingdale Bros
*
360 Blumenthal & Co pref
100
108,100 Boeing Airplane Co
*
10,500 Bohn Alum & Brass Corp
5
1,500 Bon Ami class A.
*
*

57,600
76,400
3,100
8,200

PRICES IN FEBRLARY

Feb. 1
Par

2,400 Andes Copper Mining
800 APW Paper Co Inc

*,100

Price

STOCKS
N. Y. STOCK EXCHANGE

11

Jan.

18

27

2* Jan.

30

5

Feb.

38* Jan.
86* Jan.
23

66
111

Jan.
Feb.

107* Jan.
9% Jan.

7
10
23

26

15
18

2

27
4

30

4

Feb.

9

Jan.

16

Feb.

21

Feb.
Jan.

21
8

Feb.

21

Jan.

12

Feb. 27
Jan.

3

Jan.

4
23
8

Jan.
Feb.

Jan.

3* Jan.
75

Jan.

14 118* Jan.
56* Jan.

47* Feb. 26
26* Jan. 18

2

23
9

15* Jan.

52^
1*
8*
16*
22*
39*
5*
40*
5*
40*
89*

15
21

18

62

30* Jan.
12 114* Jan.
12* Feb.

22

Jan.

12

21* Jan.
2* Jan.

22

112

Jan.

22
2

4* Jan. 15
1
6* Feb.
5* Feb. 26
93* Jan. 31

26
15

66* Feb. 21
24* Feb. 23
3
3* Jan.
114
Feb.
7
5* Feb. 10
9

Jan.

2

5* Jan.
94* Jan.

2
30

33

N. Y. STOCK EXCHANGE—STOCKS

March, 194g]
AGGREGATE
SALES

In

Since

February

Jan. 1

Shares

Shares

9,200
30,000
25,450
600

Feb. 1
Bid

Ask

24.400 Cerro de Pasco Copper
*
38,700 Certain-Teed Products--—-1

38

Sale
Sale
Sale
20%

5,600
2,900
11,300

8,200
4,500
35,700
68,900
2,700
1,300

900

2,200
1,900
9,600
24,700
19,300
3,100
6,500
1,500

5,800
6,600

13,900
32,100
29,800
6,300
14,200

3,000

3,000
1,500
5,600

400

900

900
300

2,100

3,400
14,600

6,300
21,700

700

30
'

82,200
3,400

400

6 %
32%
19 %

Champion Paper & Fibre Co—6% preferred
—100 101
25%
Common..
—————*
16%
Checker Cab Mfg.-—5
4%
{Chesapeake Corp
*
41
Chesapeake & Ohio
—-25
Preferred series A—
100
IChic & East 111 RR 6% pf-100
{Chicago Great Western—
4% preferred
100
Chicago Mail Order Co
5
{ChicMilw St Paul & Pacific.*
5% preferred
100
{Chicago & North Western .100
Preferred-100
Chicago Pneumatic Tool——*
$3 conv preferred
*
Prior pref ($2.50 cum dlvs) *
{Chicago R I & Pacific——100
7% preferred—--------100
6% preferred
100
Chicago Yellow Cab
—*
Chickasha Cotton Oil--.-.-10
Childs Co.—
*

103

26
17
Sale
Sale

Sale

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Feb. 29

Ask Bid

Ask

'

Sale

37%
6%

37%
Sale

38%

Sale

37% Feb
6% Feb.

30

Sale

33%
19%

Sale

29

Feb.

1
10

Sale

18% Feb.

13

105% 105
23 % 22
20
Sale
Sale
4%
Sale
39%
Sale
94%
2%
1%

Sale

18%
103

23%
y\
19%
4%
39%
96%
2%

19%

Sale

7

5

21
15
15
19% Feb. 10

39% Feb.
8% Feb.
36% Feb.

5 105% Feb. 20
103% Feb.
2
22% x21 % Feb. 27 23% Feb.
Sale
18
Feb. 16
20% Feb. 27
1
4% Feb.
9
4%
4% Feb.
Sale
39
Feb. '28
41% Feb.
9
Sale
1
94% Feb. 29 96% Feb.
2
2
Feb. 17
2% Feb.
9
1

1%
10%
%
%
%

Feb
Feb.
Feb.
Feb.
Feb.

1

1%
10%
%
%

%

Sale

% Feb.

9

13%

Sale

14% Feb. 13

35%

Sale

35

Feb.

47%
%
%
%

36
Sale

6

49

48

Feb.

6

Sale
%

34%
49%
%
%
%
8%
12%
6%
29%
83%
13%

12% Feb.
33% Feb.

6

34

%
%
%
8%
11%
4%

2
Feb.
1
Feb.
3
Feb.
Feb. 28
7
Feb.
8
Feb.

49%
%
%
%

Feb. 29
6
Feb.
1
Feb.
7
Feb.

31

Feb.

a

Sale
Sale

Sale
Sale

49%

Sale

Copper---—-----—25
5
196,200 Chrysler Corp
16,500 City Ice & Fuel
—-_-—*
6% preferred————100
1,550
10 City Investing Co
-—-100
————-5
3,600 City Stores

410

Bid

1%
10
9%
% Sale
%
o
%6 Sale
1
%
13% Sale

Sale

30 Chile

"2j66
10,300

100

29,870
6% prior preferred—
1,600 Chain Belt Co
200

80i

exchange

1

Jan. 2
1940

Par

70

29,900
,

n. y. stock

RANGE SINCE JAN.

PRICES IN FEBRIARY

Price

STOCKS

11%

11%
4%

Sale

31

Sale

80%
13%
97%

Sale

13%
Sale

45

Sale
Sale

H

Sale

%
%
9
Sale
Sale

32
Sale
Sale

97%

iP

Sale

Sale
114
111%
37% Setter*- -40
78
~76%
77%

Sale

29%

30%

35

2

% Feb. 28
% Feb. 28
6
% Feb.

Sale

3%
33%

3

15.200 Clark Equipment
—-*
Clev Cine Chic & St L Ry--

Sale

1%
Sale

1 % Feb.
10
Feb.

3

9

Feb.

1
3

2
2

7

1

12% Feb. 21
6% Feb. 29

102

Jan. 23
Jan. 22
Jan. 26
Feb. 13
Jan.

15

Jan.

4% Jan.
39

Jan.

94% Feb.
2

Jan.

1%
9%
%
%
%
%
12%

Jan
Jan.
Feb.
Feb.
Jan.
Feb.
Jan.
33% Jan.
.

6

29% Feb.

Jan.

5
5

Jan.

3

Jan.

5

Jan.

8

Jan.

8

29
9
2

Feb.
Jan.
Jan.

Jan.
Jan.

3
9

Feb. 21
Feb. 29

4% Feb.
79% Jan.
12% Jan.
94% Jan.

3% Feb. 20
35% Feb. 15

4

Jan.

Jan.
Jan.
Jan.
Feb.
Jan.

31

Feb.

24

Jan.

Jan.

1

14

Jan.

%
%
%
8%
11%

9

31

1

Feb. 20
Jan.
3
Feb. 27
Jan.
3
Jan.
8
Jan. 16
Jan.
3

46

Feb.

1

41% Jan. 10
8%-Feb. 15
36% Feb. 15
20% Jan.
4
105%
26%
20%
4%
42 %
97%
2%

z21% Feb.

87% Feb.
2 '13% Feb.
98
Feb.
Feb. 24

80% Feb.
13% Feb.
96

Feb.

1

5

37%
6%
27%
18%

Feb.

Feb.

1

Jan. <>3

26
Feb.
6
Jan.

30

Jan.

Jan.

3

Jan.

Jan.

2

28

Jan.

Feb.

15

111

Feb.

27 114% Jan.
2 40% Feb.

17

14

z60

^

-100

5% preferred
170

12,800
100

18,300
65.400
230

3,600
400

73,000
5,000
300

5,500
140

3,900
270
690

70

13,700
6,800
60,000
3,700
140

3,100
4,000
1,000

16,900
500

17,020
300

61.800
48,800
4,500
89,100
1.500
6,900
7,200
340

14,900
36,000

_420 Cleve Elec 111 $4.50 ser pref—» .113%
35%
23,100 Cleve Graphite Bronze CThe)-I
76
110 Cleve & Pitts RR Co 7% gtd-50
45 %
Special gtd 4%.~stockw—;—50
3914
—48","200 Climax Molybdenum Co——*
—*
35%
125,400 Cluett Pea body & Co
230 —Preferred-: -.—--100 130%
* 118
8,400 Coca-Cola Co (The)-Class .A.
^
62%
1,300
18%
129,900 Colgate-Pafmolive-Peet Co—*
6% preferred
100 105%
8,100
300
6% preferred called
15.900 Collins & Aikman
33%
230
5% preferred
100 110
18%
6,200 Colorado Fuel & Iron Corp—*
100
780 Colorado & Southern
4%
5
4% 1st preferred
-100
2,900
4% 2d preferred
180
——100
4%
Columbia Broadcasting
System Inc class A
-2.50
24%
23,000
Class B
2.50
24
11,700
*
163,900 Columbia Gas & El_\
J*
88
6% preferred series A_ - -100
9,000
5 % preferred
290
100
74%
*
93
4,800 Columbian Carbon v t c
7
10,200 Columbia Pictures Corp vtc.*
$2.75*conv preferred
*
5,600
19%
34,600 Commercial Credit————10
46%
•

1,050
161,000
195,300
15,500
2,700
3,200
9,200
111,100
1,500
5,400
1,100
2,800

600

1,200
13,600
9,800
6,300
2,400

27.400
500

2,800
16,300
224,700
17,700
6,600
1,380
11,900
300

30,800
12,600
21,200
1,100
1,000
2,300
31,200
700

1,300
27,500
520

9,500
900

510

25,700
810

2,900
7,800

9,200
2,400

255,800
21,200
505

55,800
1,500
5,300
29,400
502,700
48,900
10,000

800

2.500
170

19%
Sale
Sale

5

$4.50 preferred

*
_

5
_2.50

-

Continental Oil of Del--Continental Steel Corp

5
-

—...

Cudahy Packing—

—

50

Cuneo Press Inc

—

5

Feb.

26

Sale

Sale

Sale

87

Feb.

2

78

82

Sale

112%

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

Feb.

23

Sale

7%

Sale

1 %

Sale

Sale

18

17

3%
14%
101%
15%
12%
1

Sale
115

7
7%
40% Sale
3% Sale
23% Sale
28%

a2W
Sale

1

16

Sale

4% Sale
23% Sale
28
27%

Sale
Sale

Sale

Sale

55%

113

4% Feb.

3

Sale

1

Sale

Sale

Feb.

1

Sale

22%
101%
31%

Sale

Sale

Feb.

28

Sale

100%

Feb.

28

3%

sF<

27%
Sale
Sale
Sale
Sale
Sale
85
4

38
15%
89

41%
42
Sale

90%

35% Sale
79
3

Sale

Sale

3%

6% Sale
80

Sale

14
13%
26% Sale
3% Sale
42% 43%

90

53

55

20%
4%

18%

60
Sale

1

rA

niH

Sale

Sale

.

Feb.

15

Feb.

29

32%

Sale

28

Feb.

1

ft"
40

44%

41

Feb.

3

42

5,

17

Sale

40% Feb.
15% Feb.

90%
38%
82%
3%
7%

Sale

89

Sale

35

Feb: 20
Feb.
1

Sale

79

Feb.

1

3% Feb.
6% Feb.

13

88

13%
4

43%
10%
28%
88%
57
19

4%
Sale
'

90
Sale

80

Sale

26

Sale
Sale

4%

5

15%

17

112% 111

1

Feb.

14

Feb.
Feb.

1
2

18% Feb.

1

1

i*

It

Feb.

5

Feb.

26

Feb.

3

Feb.

15

Jan.

18

Jan.

2

Jan.

15

Jan.

5 % J an,
22% Jan.

12

Jan.

4
2

8
3
3
17

13
15

Feb.

29

Feb. 29

8

79

Feb.

10

Jan.

Feb. 29

'86

Feb.

23

Jan.

7% Jan.
30% Jan.

30

Feb. 21

15

Feb.

18

Feb. 29

15
9
29

3

Feb. 17
9
Feb.
Feb. 14
Feb. 29
2
Feb.
2
Feb.
14
Feb.
9

Feb. 26
45
—Feb.
9
42%

17% Feb, _9
17;-'
91 % Feb.

39%
%
,_%
82%
3%
8%
%
'

1

2

7%
111% xll

Feb. 23

Jan.
Jan.
Feb.
Jan.

5% Jan.
25% Jan.
7% Jan.

'8

Feb.
Feb.
Feb.
Feb.
Feb.

8

107

Jan.

Jan.

% Jan. 19
8% Jan. 31
3% Feb. 27

Jan.

7

31

Jan.

24

Jan.

Jan.

1% Jan.
3% Jan.
Feb.
Jan.
Jan.

14%
100%
14%
12%
1

15
2

27
3
7

Jan.

3

Jan.

5

23
28

Jan.

24

Feb.

15

Jan.

Feb. 26

Jan.

10

Feb.

Jan.

10

Jan.

10

94% Feb.

Jan.

7
5

9

23
21
23
24
3

Feb.

24

Feb. 13

41% Jan.

19

a*

Feb.

24 177

2
4% Jan.
% Jan. 10
20% Feb. 28

98

Feb.

31% Jan.
6% Jan.

28 105
8

Feb.

15

Jan.

3m

27

Jan.

9

37

Jan.

9
2

Feb.

15

Jan.

Feb. 20
34% Jan. 22
78% Jan. 22
3% Jan. 16
1
6% Feb.
z79
Jan.
12

Jan.

15
89

Jan.

12% Feb. 20
26

Feb.

14

3% Jan.

15

ii*
4§

ii

9

28

Jan.

23

Feb.

9

82

Jan.

90
53

Jan.

9% Jan.

25
15

11

Jan.

5
5
2
20
26
9
2
6
4
23

Jan,

6

Feb.

23
24

Feb.

14% Jan. 11
29% Feb. 24
4
4% Jan.
46
Jan.
3
9
11% Feb.
2
30% Jan.

3

42

Feb.
Feb.

82% Feb.

9

Feb.

Jan.

37% Jan.

Feb.

Feb.
Feb.
Feb.
Feb.

Jan.

5% Feb. 28
3
1% Jan.
3
24% Jan.

% Feb.
% Feb.

20%
4%
16%
8%

19 112

5

Feb.

68
Sale

4%

7

1

Feb.

87

6

15
9

Feb. 29

_

Feb.
1
Feb. 29

Sale

90

Feb.

15

Feb.

5% Feb. 29
1 % Feb. 29
23% Feb. 15
1
101 % Feb.
5
32 % Feb.
7% Feb. 15
7.
33;% Feb. 20

12% Feb. 20

4%

17%
Sale

31eU

29
Jan.
3
Feb. 21
Feb.
9

172

Sale

7
Sale

4
11

Jan.

9

Sale

175

Sale

Jan.
Jan.

2

15

2
1% Feb.
95% Feb. 29

"

Sale

32

3
9

2

7
5

Sale

32%

26

Feb.

28

Feb.

174

105
Sale

10

Jan.

Feb.

1

Feb.

Feb.

Jan.

Jan.

13%
1%
60%
30%

4

2

65
2
24 174

Feb.

Feb.

9
9

Feb.

26

172

3

12

28

51% Jan.
110% Jan.

104

2

Jan.

55

8

Feb.

23%
26%
53%
62%

6% Jan.
19% Jan.
46% Jan.

3

Jan.

12

Feb.

47%
115%
7%
40%
4%
24%
29%

Jan.
Jan.

Jan.

Feb. 29

14

19%
4%
5%
4%

47% Feb 17
113
Feb. 29 116% Jan. 26
4
6% Jan. 13
7% Jan.
38
Jan. 19 40% Feb. 29
Feb.
2
3% Jan. 15
Jan.
5
22% Jan. 12
25
Jan. 22 29% Feb. 14
5 61% Jan.
3
53% Feb.
62
Jan.
13
4
65% Jan.

6% Feb.
39% Feb.
4

17

8

29

Sale

14
29

Feb.

Feb.

Sale

21

8

,1

Sale

29

16% Feb.

42% Feb.

Sale

29

7

Sale

63%

Feb.

Feb.

42% Sale
115% 116

54

87

5

2 104

5

40

90

Jan.

23

9

Feb.

Sale

19

4% Jan. 19
3% Feb. 27

Jan.

Feb.

94% Feb.

Sale

Jan.

Feb. 27

Feb.

16

Sale

3

63

Feb.

9% Feb. 21
7
32% Feb.

3

Jan.
Feb.

8

13

7
8% Feb.
1
4% Feb.
9
7% Feb.
2% Feb. 29
3 % Feb. 13

5

82

3
19
14
4

15
20
Feb. 21
23 106% Feb.
6
30 103% Jan. 30
16
3
35% Feb.
28 112% Feb. 10

17% Feb. 29

Feb.

1

172

40%

Jan.

13

Feb.

29

30
110

6

1

28

Jan.

16% Jan.
103% Jan.
103% Jan.

6

3

64% Sale
172% 180
4% Sale

90

39*

2
44
Feb.
29 142
Feb.
2 123% Jan.

26

81

1

Jan.

61

9
.

23

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

27

Feb.

22% Jan.

5%
24%
13%
8%
29%
14%

1 109

13
26
7

83




86

Sale

82

40.

10

Sale

7% pref.... 100
$8 preferred
————*

page

Feb.

3 %

10

5
preferred———25
1
650 Dayton Pr & Lt4y%% pref-100

79

Sale

29% Sale

Conv 6%

1
2

Sale

10%

6,500 Davison Ohem Corp (The)

14

Feb.

Sale

30

*

Feb.

8

c,

1

14,900 Cutler-Hammer Inc
1,900 Davega Stores Corp—...

7

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Curtiss Wright
Class A
Cushman Sons

7

Feb.

26% Feb.

7%
31%
107%
%
8%

13%
26%
4%
44%

—1

9

Sale

103
Sale

29

5% Feb. 21
2
22% Feb.

Sale

81%

Feb.

35% Jan.
35% Jan.
136
118

9

8
Feb.
Sale
46% Feb. 16 48
7 108% Feb. 21
109% 107% Feb.
9
1
Sale
55% Feb.
53% Feb.
2 112% Feb. 23
112% 112% Feb.
9
Sale
14% Feb.
13% Feb. 26
3
1 % Feb.
1
Sale
1% Feb.
67
Feb. 28
2
Sale
63% Feb.
9
Sale
31% Feb. 29 32% Feb.

Sale

94%

ilH
!?*

19

9

Sale

108%

Sale

23%

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

21

Sale

31%
7%

10

78

15

Sale

101%

103

35% Jan.
76% Feb.

Feb.

Sale

Sale

7%

Sale

6
Feb.
1
Feb.
3
Feb.
Feb. 10
8
Feb.
7
Feb.
8
Feb.

Sale

76%

Sale

94%
Sale

26%
26%
6%
89%
78%
93%
7%
22%

Feb. 27
Feb. 21

75% Feb. 28
3
87% Feb.
6% Feb. 21

Curtis Publishing Co (The)-.*
Preferred
...—
*

Corp

1
6

6

2%

61

13

23% Feb.

Sale

113

Feb.

1 123
Feb.
Feb. 281 63
20
1
Feb.
Feb. 10 106%
1 103%
Feb.
Feb. 26 35%
Feb. 28 112%
Feb. 29
19%
6
4%
Feb.
4%
Feb. 19
4
Feb. 27

23 % Feb.

Sale

Continental Diamond Fibre
Continental Insurance.
Continental Motors

14

Sale

Sale

42%

9

19

Feb.

Sale

Sale

Continental Can————-20

Feb.

44% Feb.

Sale

Sale

------------

39

1

24

Sale

-

5

29 142

Sale

Sale

Class B

Feb.

Sale

Sale

8% preferred—---——100

Feb.
Feb.

Sale

Sale

Consolidated Oil Corp
*
Consol RR of Cuba 6% pf-100
Consolidation Coal Co v t C-25

Feb.
1
27 114
1
40% Feb. 17
78
Feb. 19
14

Sale

Sale

Sale

——

see

Sale

Sale

$2.25 conv pref w w
*
1,550
Preferred ex-warrants
*
3,600
52,700 Crown Zellerbach Corp.-——5
$5
conv
preferred
*
2,040
21,200 Crucible Steel of America.. 100
Preferred
.—.100
1,500
100
920 Cuba RR 6% preferred
10
41,700 Cuban American Sugar.
Preferred
.100
1,920

For footnotes

65
Sale
Sale

100

40,200 Crane Co
5% conv preferred.:
100
2,000
2
3,000 Cream of Wheat Corp (The)
4,600 Crosley Corp (The)-—-—*
*
57,800 Crown Cork & Seal

600

Sale

Sale
36%
37% Sale
Sale
43
38%
38% Sale
Sale
136
134% 139% 1136
Sale
120
119%
119% Sale
61
62%
63%
62%
63%
19% Sale
17%
17% Sale
105
106
106% 105% Sale
103% Sale
103% 104% 103%
31
30%
31%
34%
34%
110
111
110% Sale
17% Sale
17%
17% Sale
4
3%
3%
3%
3%
4%
4%
4%
4%
4%
3 %
3%
3%
5%
4%

9%

$5 preferred
——*
Consolidated Film Industry- _1
$2 partic preferred-———*
Consol Laundries Corp.—---5

Feb.

37% Feb.
76% Feb.

37

Sale

100

—

111

46

Sale
Sale

Consol Coppermines Corp
5
Consol Edison Co of N Y Inc.*

7% preferred
6 %% prior pref

--1
1
-.———-25

200

78

Sale

73,000 Coty Inc
32,900 Coty International Corp

30

"7",6 55

Sale

Sale
8
Sale

4.410 GornJExch Bank Trust Co--20
25,000 Corn Products Refining—-—25
Preferred
—----100
1,000

5,000
11,600
14,300
8,100
550,600
52,200
515

77-M

Sale

5% preferred v t c
--100
Consumers Pow Co $4.50 pref-*
35,800 Container Corp of America..20
26.800 Continental Baking Co class A
17,300
5,400

Sale

103% 105
52% Sale
110%

__*
3,500 Conde Nast Publications
—*
11,700 Congoleum-Nairn Inc
——*
9.900 Congress Cigar
350 Conn Ry & Ltg 4 % % pref- -100
—1
42,100 Consol Aircraft Corp-—
——
*
41,700 Consolidated Cigar

690

700

«• <»

»•

900
4%% conv. preferred—-100
39,520 Comm'l Investment Trust—*
$4.25 conv. pref ser of 1935-*
700
-_*
168,100 Commercial Solvents
267,500 Commonwealth & Southern--*
$6 preferred
-_*
16,900
256,300 Commonwealth Edison Co.-25

300

2,600

•

—

100

84,600
75,900
5,900
2,100
1,400
6,100
42,500

•

114%

Feb.

9

53

Jan.

12
12

Jan.

12

181
4)

Jan.

30

20% Jan.
4% Jan.
16* Jan.

11
8

Jan.

5

16

Feb.

26

6)
1113

Jan.

22

8

Feb.

Jan.

31 112

Jan.

31
9
5

34

N. Y. STOCK

EXCHANGE-STOCKS

AQOREOATE
SALES
Since

February

Jan. 1

Shares

Shares

30.000

4,000
4,400

7,900
13,100
1,500
1,000
2,100
1,200
1,100
10,000
11,800
1,200
1,700
2,590
3,000
19,100
32,300
6,800
12,400
3,200
200

N. Y. STOCK

56,000
6,600
5,800
33,500
34,500
2,300

2,000
3,800
4,400
3,800
17,600
42,000
2,600
3,690
4,490
8,300
31,800
69,900
15,100
23,300
6,100
1,000
340

28",600
6,250

-*

Deere & Co

Preferred
20
Deisel-Wemmer-Gilb Corp..l0
Delaware & Hudson
100
Del Lackawanna & Western 50
J Denver Rio Gr & West pf_100

—100

Detroit Edison

*

Raynolds A

Co...2
Corp-Seagrams Ltd---*
5% pref with warrants...100
Dixie-Vortex Co
*
Class A
—*
Doehler Die Casting Co—-.*
*

Dome Mines Ltd—..

Douglas Aircraft Co
Dow Chemical Co

Inc

*
-

.

2,800
24,500
17,900
6,800
5,100
4",000
4,900
2,100

—

3,300

240

570

24,400

85,300
4,400
1,700
2,900
11,100

800

600
800

1,600
2,800
1,800
900

"4~,I6O
4,600

11,600
1,000
340

12,200
11,700
1,800
90

1,200
5,800
3,800
14,000
500

3,000
7,600

"4",000
1,200
6,400
15,400
1,200
300

4,200
1,500

4,500
6,700

1,600

10/700

1

30 Filene's (Wm) Sons Co.._.._*
Firestone Tire & Rubber
10

720

9,300 1
150
d finn
'

on

13",300
5,200
5,500
3,900
2,300
30

2,900
900
200

1,800
200

7,100
6,600
1,220
1,400
9,500
2,800
2,000
3,600
1,160

105,000
18,600
600

8,800

"3",500
1,020

85,100
3,600

4,200
28,300
4,000
50

1,000
3,600
110

7,500
1,600
4,300
4,100
2,350

12,700
6,500
1,200
50

6,900
20.400
2,400

25,800

13

Sale"

173

176

29 Vs

16%
1%

Sale
17
Sale

38

Sale

100

6% preferred series A

*

First National Stores
FlintkoteCo

--*

(The)—

—.*

Florence Stove Co
Florsheim Shoe

(The) cl A—*

IFollansbee Bros

...—.—*

Food Machinery Corp

434%

conv

10
100

preferred

Sale
Sale

2834
4)4
Vs

Sale
4%
1

24

Sale

21)4
23)4
20 Vs Sale
04)4 105
46

Sale

20 Vs

Sale
3434 Sale
24
24%.
2)4
2%
33)4
3434
0654 10734

4%
30
32 Vs

5%
35

*
*•654
-—* 102
Gen Amer Transp Corp.—
5
56)4
15,600
General Baking Co
5
7)4
19,300
$8 preferred
—* 138
1,560

$6 preferred

17,900
5,300
3,300
9,300
2,410
251,500
51,400
1,400
20,200

Qloaq

*
♦

A

Preferred 7%IIIIIIIIII1100
General Cigar inc.—
*

7% preferred
General Electric
General Foods

$4.50 preferred

3)4
1134 Sale
2134
23
53
53 Vs
1854 Sale

.......

$6 conv preferred A
40
General Mills

*

*

145

3

.......100 113%
.*
4054
*
4754
* 117

General Gas & Electric cl A

6)4
103)4
Sale
Sale

40

Sale

Sale
Sale
121

34

Sale

j

Sale

*
91 *
9334
9,500
5% preferred
100 128)4 Sale
3,200
General Motors Corp.....
10
54 Vs Sale
263,900
Preferred 5%
...—..* 125)4 128
7,600
Gen Outdoor AdvertisingjA..*
3634J 39
6,800
Common
*
4
454
35,400
General Printing Ink
.1
9%
9Vs
8,600
$6 preferred
._.* 105 4110
280
General Public Service
*
%
1
3,500
General Railway Signal....
*
1854 ir1934
10,800
6% preferred...
100
89 A Sale
250
Gen Realty,& Utilities Corp__l
54 Sale
13,80J
$6 preferred..
*
17541 18
6,000
General Refractories._.._...*
3254 Sale
12,100
General Shoe Corp
1
14% i 15
11,000
Gen Steel Castings,$6 pref
*
29
i Sale
6,310
General Telephone Co
20
19)4 Sale
28,000
Gen Theatres Equip Corp
*
13
t
Sale
17,600
Gen Time Instrument Corp..*
16
»
1654
1,800
6% preferred
100
82K *99%
100
General Tire & (Rubber Co
5
2254 Sale
18,900
Gillette SafetyIRazor.
5
6)4 Sale
42,400
$5 conv preferred.....—.*
47% 4-49
6,300

For footnotes see page




.....

...

40.

27

3254
2

8

81

76

27

81

Jan.

25

2

1354 Jan.

3

18 Vs
Sale
Sale
Sale
Sale

13
Sale
Sale
Sale
Sale

154
Sale

Sale

Sale
Sale

Sale

3)4
1334
13%
103

Sale

14%

11

Sale
Sale

4754 Sale
117)4 Sale
% Sale
44

92"
130

:

Sale

154
254
134

454
9)4

Sale

!fM

90
Sale

40

Sale

24)4

Sale

2)4
Sale

75

554
34
Sale

2%

Sale

3%

Sale

14%

Sale

Sale

104
Sale

12

17934 Feb.
122)4 Feb.
Feb.
29
Feb.

1

1734

91)4

91

17

Sale

)!

2834
15)4

29

Sale

2734
21)4
2134
1234 Sale
15)4
16)4

26

95

2

12

129

A

53

5)4

178
92%
al7
29

14)4
2834
2354
1254
1734

Feb.

554 Feb.

9

Feb.

9

Feb.

154 Feb.

1

Feb.

29

6

28% Feb. 26
2434 Feb 26
2
29
Feb.
134 Feb. 27
37

Jan.

27

Vs Jan.

6

16

Jan.

1

Jan.

154 Jan -

2

Feb.

29

2

3954 Feb.
45

8)4 Feb. 29
82

Feb.
Feb.

29
8

87

Feb.

29

54 Feb.
154 Feb
254 Feb.

1

1% Feb.

20

.

Feb.

24

8% Feb.

15

2134 Feb.

1

Vs Feb.
4% Feb.
38)4 Feb.

14

4

1
1

Feb.

26

7

15)4 Feb. 29
Feb.
Feb.

x96

24

Feb.

5 Ill

Feb.

10

Feb.
Feb.

76

1

19

834 Jan.

16

20 34 Jan.

15

Feb.

24

Vs Jan.
4% Jan.

17

34)| Jan.

15

1

Feb. 19
Feb. 23
Feb. 23
9
Feb.
Feb.
Feb.

25

r96

20

24

4)4 Jan.
% Jan.

22

21 V% Jan.

23

87)4 Feb.
1734 Feb.
3934 Feb.

1

Feb.

24

Feb.

2

34 Feb.

32

Feb.
Feb.

29

Feb.
45% Feb.

13

2054 Feb.

35% Feb.

15
8

Feb.

29

24

17

6

254 Feb. 23
33% Feb. 16
8 107% Feb.
1

29

10

Feb.

5

3)4 Feb.

8

70

2054 Feb. 24

26 106

3
Feb.
5
Feb.
Feb. 24

23!

Feb.

2

3% Feb.
Feb.

14

8

234 Feb.
354 Feb.
17% Feb.

17

13% Feb.

16

Feb.

104

101

Feb.

Feb.
Feb.

7

Feb.

22

Feb.

21

Feb.

59

Feb.

21

Feb.
Feb,

23

9

8

Feb.

2

334 Feb.

17

Feb.

20

11

9

Feb.

4034 Feb.
4834 Feb.

Feb.

11734 Feb.

1

% Feb.

54 Feb.

2

9

13

111
Sale

6

Sale
Sale

1234 Feb. 28
2
1554 Feb.

1834

654 Sale
5054 Sale

5

32

Feb.

9

10

2

Feb.

10
2

Jan.

2

8634 Jan.

16

9

15% Feb.

24

28
8

98

Feb. 23

55%

25 126
4

54

4H

10934 Jan. 27 110
IVs
% Feb. 20
16
Jan. 12
19%
8634 Jan. 15 99%
5
34 Feb.
17 34 Feb. 19
18)4
2754 Jan. 19 33
1434 Jan. 13

9
2954 Feb.
2354 Feb. 29
1334 Feb. 19
18% Feb. 27

51

2

95-54 Feb.
15 13034 Jan.

1

22% Feb.
654iFeb. 21

6

Jan.
Jan.

15

5

20% Feb.
5
634 Feb.
4954 Feb. 27

Jan.

Jan.

5

Feb.

44^

Jan.

Feb.

9 100

nlff

51

Feb.

.

8% Jan.

128'

15

24

57%

21 145
Jan.
16
3% Jan.
5
11)4 Jan.

34 Jan.

116

20% Feb.
Feb.

26
3

Jan.

Feb.
5
23)4 Jan.
Feb.
6
59
Feb. 21
Feb.
5
Jan. 15 1954 Jan.
2 116% Jan. 31
113 34 Jan.
Jan.
2
37% Feb. 29 41
Jan.
2
4534 Jan. 12
9%
1834
48J4
I734

25

98

Jan.

7
Jan.
19 10334 Jan.
15
Jan.

16

19

Sale

Jan.

50

8

24

Feb.

17% Feb.

100

29

454 Feb.

27Vs Feb.

98

51
Jan.
7 34 Jan.
142 % Feb.
2 54 Jan.

16

Jan.

3

30
15
Sale

21

Jan.

102

9

29

16
Feb. 29

13 104
2
5
22
14

37% Jan.
454 Jan.

Sale

Sale

4%
11)4
4954
634

20

14

99)4
a

9
3

Feb.

5
1854 Feb.
9934 Feb. 21
1
54 Feb.
1
1754 Feb.

4

3Vs Jan.
17% Feb.

5

6

3
9

2% Jan.

2

16% Feb.
9134 Feb.
34 Feb.

24

18

Feb.

1

3

Jan.

Jan.

2

x44

Feb. 23
1
Feb.

Jan.

32 Vs Jan.
35
Feb.

123 54 Jan.

Feb. 16
Feb. 23 110
1
54 Feb. 20

5

15

9

9

14

29

16
3

110

3

Feb.
Jan.

Jan.

2
9554 Feb.
Feb.
Feb. 19 13034 Feb.
55
Feb.
1
Feb.
Feb. 21 12454 Feb.

654 Feb. 20
9
954 Feb.

Jan.

5
18
23

9254
128%
5254
12354

54

27

31)4 Jan.

40

8

9

3

Feb.

8 107 34 Jan.
2014 Jan.
5
72 34 Jan.
8
6
Feb.

Feb.
Feb.
Jan.
Feb.
Jan.

5534 Feb.
754 Feb.

4

Jan.

9

Jan.

144

8
3

Jan.

13

Feb.
Feb.
Feb.
Feb.
Feb.

Jan.

25

35

101

9

2834 Jan.
4)4 Jan.

29

Feb. 29
6
Feb.

Feb. 23

285|

30

26

Feb.

3

2

30

102

1

3
8

Jan.

Feb.

5

Jan.

334 Jan.

4)4 Feb.
13% Feb. 13
4934 Feb. 29

434 Feb.
12

Jan.

23

3)4 Feb.

4

3
8

634 Feb. 19
4254 Feb. 23

Feb.
Feb.

105

8

21

14

8

Fen.

8

8

19
25

16

16

5

12
8

8
954 Jan.
2434 Feb. 27

2354 Jan.
2 J4iJan.
32

4
8
8

Jan,
8
Feb. 27
1% Jan. 10
41 Vs J an.
3
45% Jan. 29

35% Feb.
24% Jan.
334 Jan.

31

Feb.

44

Sale

Jan.

32

3

,ian.

Feb.

Feb.

Jan.
Jan.

3

46

Feb. 10

'

Jan.

2

18

17 %

19

Sale

4356 Jan.
1754 Jan.

70

116

Sale

104

19

6

1%
8%
36%
31M
31 %

Jan. 12 89%
20
Jan. 30
Jan. 18 4054
8
22 34
Jan.
Jan. 31
2154
Feb. 26 106

21

Feb.

Sale

85Vs
17)4
37 %
22%
19 54

Feb.

35

3254 Feb.

Jan.

5

7134 Feb.

19

17

4

19

1

2

895a Feb. 27
9
1954 Feb.
4054 Feb. 14

9

27

23

21

1

'

2

Jan.

3254 Jan.
1734 Jan.
1% Jan.
Jan.

Feb.

23

24

19

17 % Jan.
16 100 34 Jan.

Feb.

5

Feb.

Feb.
Feb.

434 Feb.
Vs Feb.

6

1

9

25% Jan. 31
1534 Feb. 29

29

Feb.

5

3

1

17
27

434 Feb.
% Feb.
22

Jan.

4

Feb.

6%
4254
2854
1654

17
17

12534 Feb. 29

Jan.
109% Jan.
3 111
834 Feb. 2a
1254 Jan.
73
Feb. 29
83
Jan.
82
Feb.
8 89
Jan.
87
Feb. 29
97
Jan.
54 Jan. 22
Vs Jan.
I54 Jan. 23
1% Jan.
2% Jan. 23
354 Jan.
1% Feb. 20
1% Jan.

954 Feb.
24% Feb.

16 100

1

..

2
8434 Feb.
91
Feb. 19
9
% Feb.
154 Feb. 24
1
2% Feb.
134 Feb. 10

5

6

28% Feb. 26
9
2434 Feb. 26
27rft~~2874" "J an7~23
1
1)4 Feb. 27
24
3534 Jan. 12
42
Jan. 12
14
9

10
8

4

18

Jan.

39)1

27

2

Jan.

19178

154 Feb.
6)4 Feb.

Feb.
Feb.

2

3454 Jan.
1454 Feb.

Feb.

9

1354 Jan.

2 118 % Jan.

22

9

154 Feb.

Feb.

Feb. 28

15 185)4 Feb.

24

27

8

5

Feb.

44% Feb.
110

6

4 120

15)4 Feb.

31)4 Feb.

18)|

9

173

9

86

15634 Feb. 15

3

1

31% Feb.

29

454 Jan. 22
6)4 Jan.
145)4 Feb. 26 16654 Jan.

13

7

Feb.

3134 Feb.

Feb.

39

35)4 Feb.
1454 Feb.

2634 Jan.

9

3234 Feb.
1734 Feb.
134 Feb.

Feb.

9)4
108

Jan.

178

.Sale

2

Jan.

122

116

161

4754 Sale
11634 11854
18

175

3
^

3054 Feb.
1634 Feb.
1

Jan.

1 185)4 Feb. 17
8 125% Feb. 29

Feb.

175

117

2 11654 Feb.
1
31)4 Feb.

Feb.

100

21)4
654 Sale
5034 Sale

Jan.

Sale

Sale

Sale

Jan.

1454 Jan.
534 Feb.
1254 Feb.

115)4

12354 Sale

111

75
142

4)4 Feb.
145)4 Feb.

Sale

18

U37%

Sale

109

9

15

18% Feb. 28

38

3

19Vs Feb. 27
23)4 Jan. 10

15

Feb.

86

1

107)4 105
Sale
17% Feb.

Sale

45
4334
4)4 Sale
9
934

19)4 Feb. 27
2234 Feb. 14

31
34% Jan. 15
1654 Jan. 15
2054 Feb. 29

6 15634 Feb.

_

116

Feb.

1154 Jan.

5

Sale
1954
10454 104
Sale
43 34
Sale
18%
35
3334

52)4 Sale
124

Feb.

.38

2354

34 Vs

93
Sale

8
29

634 Feb.

,

117

Feb.

5

1254 Feb.

,

38

14

Feb.

1334 Feb.

8

5)4 Feb.

654

11IM

6

Feb.

43)4 Feb.

1254 Feb.

Sale

4)4 Sale

18*

80

50
4934 Sale
4954
6)4
6)4
654
634
104)4 102
10334 102
Sale
5254 52
51%
754 Sale
734
754 Sale
142
144
133)4 140
142%
3
2)4
2)4
254
Ay*
954 Sale
10)4 Sale
934
21
19
1934 Sale
1854
Sale
56
59
48%
46

102
52

Feb.

14854 Feb.
1554 Feb.

Sale

23)f

101

454

23

2054 Feb. 29

73

25%

16

106

4

sea

Sale

Sale

28

8

27

27

Sale

234

3454 Feb.

2

10

Feb.

Sale

24

Sale

3354 Feb. 20

Feb.

3

12)4 Feb.

1534 Sale
100

4*

28

22% Feb.

3

% Jan.
120
Feb. 21 125)4 Jan.
20 •
Feb. 24
23% Jan.
33 Vs Jan.
2 3454 Jan.
39% Feb. 23 43 % Feb.

Sale

Sale

*§*

Sale

24

2354 Jan.
5)4 Jan.

Sale

6^

Sale

21 123

Feb.

29

Jan.

4234 Sale

Sale

Feb.

20

26

Feb.

1034 Feb. 21

4)4
834
24

1834
1834
2354
1954 Sale
2034
104)4 105)4 10454
44
Sale
44 Vs
19
Sale
1954
34
3354 Sale
24
23)4
2434
2
254
32
3234
106
107)4 Sale
1754
1754
7034
715-4
5
434

2J4 Sale
3% Sale

Gen American Investors

5

81*

24

102

120

1854 Jan.
454 Jan.
54 Jan.

3

Jan.

19

20

Sale

40

80

General Bronze.........
3,500
General Cable

%
1)4
234
154

Sale

$3 preferred
——10
16
Sale
7,800
Gamewell Co (The)
*
14% Sale
3,380
Gannett Co Inc conv $6 pref—* 102
103
100
Gar Wood Industries Inc
3
454 Sale
6,800
13
13%
2,100 Gaylord Container Corp...—5
5)4% conv preferred
50
45
50
300
700

Sale

Sale

4)4
554
3834 Sale
25
25)4
16
1654

9

_

2354 Jan27

15

25%

87

8)4

2054 Feb.
554 Feb.
34 Feb.

18)4 Feb.
4% Feb.
54 Feb. 26

5

Jan.

15

Sale

Sale

16

Jan.

Sale

Sale

Sale

Gabriel Co (The) class A....*
Gair Co Inc
(Robt)
1
11400
'

24

Sale

19% Feb.
25)4 Jan.

29

18% Jan.

29

154

9
17

Feb.

10)4 Feb. 21
1954 Feb. 16

Sale

19

19

—10

Sale

Sale

Feb.

19

2154 Feb.

6

Sale

6

2854

40

72

Freeport Sulphur Co

5

8%

86%

—-10

7 200

6,800

54
154
254
1)4

27

Feb.

20

1)4

91

Feb.

121)4

Sale

4)4 Sale
%
34
21%
2254
8734 Sale
17)4 Sale

85

534
1254

13

5

19% Feb.

nn

Feb.

Sale

86

Highest
Sale Prices

Feb.

Sale

3134
1%
Sale
3834
Sale
44 Vs
110
11034 110)4
Sale
8%
„?*
71
73
74)4
84)4
8634 82)4

Sale

7% conv preferred
*
Francisco Sugar Co
*
Franklin Simon pref....... 100

Foster-Wheeler

Sale

Sale

2334 Sale
1
IVs
4%
6
3934 Sale

99

18

Sale

Sale

27
15 Vs

Sale

118

2954
2554
2854
154
37 Vs
4454

Lowest
Sale Prices

854 Feb.

4)4
5
16034 Sale
15134 Sale
175
Sale
17634 178
32
Sale
3154 Sale
16
1634
1654
17
1
1
Sale
134
3554 Sale
3754 Sale
1534 Sale
1454 Sale

Sale

Highest
Sale Prices

W*
76

Sale

18%
2054
8234
15234

Sale

154 Sale
734 Sale

Lowest

39%

Sale

77)4

Sale

5

15% Sale

27

Sale

Sale

179% Sale" 184)4
123% Sale
12534
116
U7% 11634
2934 Sale
3054

Sale

6
Sale

Sale

*19

118

lH

15,700 Fajardo Sug Co Porto Rico—20
Federal Light & Traction.-.15
8,500
$6 preferred
*
300
Fed Mining & Smelting new..2
3,400
Federal Motor Truck—
*
10,800
Federal Water Service A
*
6,100
Federated Department Stores.*
3,400
434 % preferred
.100
1,600
Ferro Enamel Corp
1
6,100
16,600 Fidelity Phenix Fire Ins—2.50

620

5,000
120
3,500

Sale

5)4
166%

12)4

1554
634
12)4

182% Sale

30

82

11

80

120

122

80

151

17%

ly<

Sale

19
5

3554 Sale
18% Sale
2254 Sale

Sale

117

21%
26)4

1934 Sale

Sale

28%? 'Sale
IVs Sale
4134 Sale
Endicott-Johnson
——50
43
4134
5% preferred..
100 10934 11034
Engineers Public Service
1
11% Sale
$5 conv preferred..
*
79% Sale
$5.50 preferred w w
* 88% Sale
$6 cum preferred
*
93M Sale
1
Equitable Office Building....*
Erie RR
100
IVs
4% 1st preferred
100
3)4
2
4% 2d preferred
100
1%
Erie & Pitts RR Co_
50
Eureka Vacuum Cleaner——.5
3Vs
4)4
Evans Products Co
5
8)4 Sale

94,400
Ex-Cell-0 Corp
3
20,800
*
1,700 Exchange Buffet Corp
440 Fairbanks Co 8% preferred.100
*
20,500 Fairbanks Morse Ac Co..

8,300
3,600
13,800
30,400
3,200
1,000
12,500
4,900

4234
9
Sale

Light 5% 1st pf-100 117 %

American shares
11,100
*
79,700 Electric Power & Light.
$7 preferred
*
66,800
preferred
27,800
11,200. Electric Storage Battery
3 loflfEIk Horn CoaI Corp—
22,800 El Paso Natural Gas Co.....3
-

Sale

17

1

*
10,900 Eitingon 8child
5
52,500 Electric Auto Lite (The)
-3
68,300 Electric Boat
Elec & Musical Industries—

*

Sale

Sale

23

Ask

54
5
123
Sale
120% Sale
2154 Sale
2054 Sale
34
Sale
33)4 Sale
42
40
43)4
3934
9
Sale
954 Sale

77
74%
12% Sale
35
34%
17%
18%

1

--100

5,500 Eastern Rolling Mills-.-..—5
27,200 Eastman Kodak Co of N J—-*
6% preferred
100
336
—■—4
38,800 Eaton Mfg Co
2
2,900 Edison Bros Stores Inc

3,600

Sale

82% Sale
* 142
Sale

Mfg Co
Dunhill International.

Duplan Silk
8% preferred

Sale
Sale

*

Dresser

850 Duquesne

1

Sale Prices

Feb. 29

Ask Bid

20% Sale
26
26)4
15)4
16)4
1854 Sale
454 Sale
34 Sale

26
Sale

124

19

preferred-.-—-25

Partic 6%

Bid

Sale

2334
2534
16)4
22 54
554
%

Diamond T Motor Car

2,700
18,900

26,300
21,000

Ask

Distil

--*

Diamond Match

77,000 Eastern Airlines Inc—

216

Bid

21%
33 %
41)4
8%

Devoe &

RANGE SINCE JAN.

1940

Feb. 1
Par

24,700

13,200
1,600

PRICES IN FEBRLARY

Jan. 2

EXCHANGE

54,800 Du Pont de Nem & Co (E 1).20
$4.50 preferred
16,150

410

•—

Price

STOCKS

In

Jan.

15

19 Vs Jan.
11 Vs Jan.

2

1554 Feb.
Feb.

16
2

30'

Jan.

Jan^

8
16

5
3

8

FebJ 20
Feo.
Jan.
Jan.
Jan.

20
10
3
11

Jan.

4

Feb.

21

Jan.

9

Jan.

9

Jan.

4

Jan.

11

Jan.

2

2354 Feb. 29
4
1354 Jan.
1834 Feb. 27

9 100

20 Vs Jan.

18

Jan.
23 54 Jan.

17
4

634 Jan.
4734 Jan.

3

Feb.

21

Jan.

11

3

sV

AGGREGATE

STOCKS

Since
Jan. 1

Shares

Jan. 2

500

18,200
8,900
50

31,000
3,700
44,700
2,800
4,800
180

36,900
11,000

3,100
2,800
1,400
4,800
700

15,000
48,300
6,900
710

~6"; 600
41,900
2,500
9,100
660

200

1,000
700
200

17,500
300

834

cn

50

28,400 Gobel (Adolf)
1
16,300 Goebel Brewing Co. __
--1
90 Gold & Stock Teleg Co—-100
55,800 Goodrich (B F)
6,200
$5 preferred.
—
87,100 Goodyear T&R
4,400
$5 preferred
*
—-*
7,500 Gotham Silk Hosiery

100
119,100 Graham-Paige Motors....—1
Granby Consolidated Mining
21,300
Smelting & Power Ltd
5
Preferred

Grand Union Co (The)—
With div certifs
7,000
Without div certifs
5,200

2,600
8,400
1,500
51,800
93,800
12,000
1,570

*
*

Granite City Steel
Grant (W

10

T)

20

5% preferred

Prop—

Great North Iron Ore
Great Northern

pref

Great West Sugar

—

17 X

Sale

3834
234
234
8334
1954
6434
23 54
9234
334
68

Sale

M

Sale

25

1,800 Hackensack Water..
Preferred Arf
520
32,800 Hail Printing
500 Hamilton W atch

25

10

85

66

64

17

"50

140

100 101^108
860 f(M"A)" U6'$5 pref— .* 10234TOW
27
Sale
13,400 Harbison Walker Refrac— — *
150
6% preferred
100 135
734
734
—1
"4",600 Hat Corp class A
87
91
6 34 % preferred with warr 100
270
334
Sale
Hayes
Mfg.
Corp—
-2
34,900
3,000 Hazel-Atlas Glass Co—.——25 11134 Sale

7,100

"2,000
20

13,200
1,200
7,100
1,000
100

I,000

4,500
4,700
5,100

13,700
1,330
1,500
2,200
1,000
8,800
8,600
10,900

17",600

29,766

4,500
720

300
500
300

-1

17,900 Hecker Products Corp
1,600 Helme (G W)
170
7% preferred
2,800 Hercules Motors
Hercules Powder..

Holly Sugar

Corp

7,700
1,800

13,900

500

18,400
8,700
11,600
6,400
19,400
22,500
29,500

900

1,300
6,600
1,100
30

28,800
3,200
1,490
2,850
4,600
12,800
3,500

13,500
59,400
8,400
49,600

"4.805

10,500
1,710
2,500
89,300
18,600
3,100
5,200
60,700
1,800
23,200
219,900
5,000

930
800

400

II,200
102.200

1,900

65,800
400

82,700
73,500
1,300
1,000
1,100
1,900
1,300

250

30

4,800
2,100
7,000
;

190

2,600
1,100
90

900
700
200
100

1,400

60

— - -

100

5% preferred
Houston Oil of
Howe

Sound

Texas v t C—25
Co..
—5

Manhattan..--.100
5% preferred—— --—---100
Hud Bay Min & Sm Co Ltd —*
Hudson Motor Car—-------

Hupp Motor Car

1

Corp—

3

Industrial Rayon

-*

Inland Steel

Interchemical Corp.-

Conv class B

3634
Sale

1
—1
pref ser A.*




40»

Feb. 28

Feb.

8

64

Feb.

7134 Jan.
134 Jan.

9
30

734 Feb.

Feb.

1

Feb.

2

1334 Jan.
934 Jan.

Feb.
Feb.
Feb.

Feb.
Feb.

Feb.
Feb.

16
16
21

9
9

21
6

834 Sale
96

93
3 34
108

Sale
110

734 Feb.

6

93 34 Feb.

16

334 Feb.
Feb.

107

Feb.
10
1034 Sale
10634 10734 10734 Feb.

160

157

1434

Feb.

160

Jan.

4

Jan.

29

2834
100
Sale

Sale
Sale

Sale
9

2534

8134
11.34
5 34

"8234
..

Sale

I

Sale

1734
Sale

734
14
Sale

3434
Sale

22J4
Sale
Sale

634
Sale

87 34 Sale
13 34 Sale
Sale

Sale

4

Sale

Sale

934 Sale
634
634

158

11234 Feb.
Feb.

17

834 Feb. 26

Feb.

10

1534 Feb.

13

Sale

4

88

5

16 114

Feb.

Feb.

3034 Feb. 28
2
53i Feb.
1
1234 Feb.

18

Sale

5734
1434

Sale

Sale
19

19

13 34
9834
1434

1534
100
15

95

1134
734

Sale
Sale

TO 34

90

Sale

9534

6

1134
Sale

97%

14

61

Jan.

17

Jan.

3

Jan.

8
31

1534 Jan.

3

12 163

Jan.

8

5 13334 Jan.
62
Jan.

30

91

15

8

16

11534 Jan.

9

23

1854 Jan.

4

4
734 Feb. 27
1534 Feb. 23
Jan.

3054 Feb. 28
534 Jan. 18
1
1234 Feb.

34

6034 Jan.

12

Feb.

17

8
5434 Feb.
3334 Jan. 30
2
1134 Feb.

6734 Feb. 29

69

Feb.

1

6734 Feb. 29

Feb.

110

534 Feb.
4834 Feb.
34 Feb.

7 11034 Feb.
1
6
Feb.
26
10

Feb.

8

23 34 Feb.

29

534 Feb.

3

34 Feb.

9

11

Feb.

26

2134
3834
534
534
2534

Feb.
Feb.
Feb.
Feb.
Feb.

27
1

3

8234
1134
534
334

Feb.
Feb.
Feb.
Feb.

5034
134
7 34
2534
634
1

1234
23 34
4034
534

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

16
9

21
20
20
9
17
1

Feb.
Feb.

112

Feb.

27

150

Jan.

Feb.

29

7
2
2

7

8734
14% Feb. 21
6 34 Feb. 14
534 Feb. 28

43 34 Feb.
5 11034 Feb.
6
434 Feb.

16

1

27

7
1

3434 Feb.
3434 Feb. 26
6
2534 Feb.

9
14
16

60

29

Jan.

28 118
3 154
22
90

Jan.

22
17
15
15

Jan.

Jan.
Jan.

Feb.
Jan.

634 Feb.
3

Jan.

8

Jan.

8
14
6

Feb.
Jan.

Jan.

180

Jan.

5334
16334
354
854
634

Jan. 15 6254 Jan.
Jan.
Feb. 24 171
534 Jan.
Feb. 29

Feb.

17

634 Feb.

9

Feb.

17

Feb.

In

Feb.

9

Jan.
Jan.

3554 Feb.
131
Jan.
1134 Jan.
5054 Jan.
434 Jan.
51" Jan.
3454 Feb.
3454 Feb.
2534 Feb.
9734 Jan.

234 Jan.

38
22 191

15
19
1

Feb.

9

Feb.

10
6

Feb.
Feb.
Feb.
Feb.

7
1
16

14

93

Feb.

2

29

73

Feb.

9

5

Sale

14 12634 Feb.
Feb.
3
62
29
1434 Feb.

Sale

120

Feb.

8 120
Feb.
21
734 Feb.

3

Feb.

24

4
22
5
1134 Feb. 17
Jan.
3
7

3834 Jan.

22 133

Jan.

18
18

Jan.

2

1434
6034
534
5634

1

36

Feb.

9

20
8

354 Feb.

2

26
6

28*

9

24
6
7

Feb.
Jan.

5
21

Jan.

30

4% Jan.
1034 Jan.

8234 Feb.

16

86

Jan.

15

■J**

Jan.

1434 Feb. 26

17

Jan.

17

93

Feb.

8

Jan.

2454 Jan.
123

87

6934
12354
5534
*1334
120

Jan.

Jan.

18 27
13 126

Feb. 29 7734
Jan. 19 128
Jan. 16 67
Jan. 18 1434
8 12034
Feb.

Feb.
Feb.

Jan.

Jan.

30

Jan.

4

Feb.

15

1534 Jan.

23

23

13
97

Feb.

23

97

13
12 34
9534 11734

1234 Feb. 27

13 34 Feb.

5

1134 Sale
634 Sale
9434

8
1134 Feb.
2
534 Feb.
9234 Feb. 26

13
90

100

13

15

97

Feb.

6

1254 Feb. 27
95

13 34 Feb.

734 Feb.
9534 Feb.

15
15
5

Jan.

9

1054 Jan. 31
534 Feb.
2
90
Jan.
2

6
9
16
29

Jan.

13 34 Feb.
Feb.
97

14

JM

3
3

Jan.

Feb.

8

Feb.
Feb.

Jan.

5

Jan.

17

634 Feb.
17

9

5

Jan.

15 10054 Feb.
29
434 Jan.

334 Feb. 29
9

2

Jan.

1834 Feb. 21

7

4
11

Feb.

22
8

1734

4
5

Jan.

.

9

iVA

14

534 Feb. 28

17
1

27
4

1434 Feb. 21

15 4434
3 11034
15
6
12 34
19
1

2

Jan.

24

Feb.

Sale

5

Jan.

Feb.

16

Sale

20

Jan.

Feb.

26

92

Feb.

634 Feb. 17

14

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

69 34 Sale
12434 Sale

Jan.
Feb.
Jan.
Feb.

27

Feb.

1434
9034
6934
12434
5634
1334

Sale

434
934
154
3234

3

Feb. 21
Feb. 20

16

98

15

Jan.

Jan.

21

9

§§*
36

Jan.

Jan.

29
10

Feb.

Feb.

35
27

40
108

Jan.
Jan.
Jan.
Jan.
Jan.

3

Jan.

7034
11134
634
5034
134
734

Feb.

Feb.

ixM

8034
1134
534
334
234

1334 Jan.

Jan.

Jan.
Jan.
6
Feb.
Jan. 31
Feb. 26

3

35

1334
2434
4154
634
654

2134
3834
534
534
2534

28 11434 Feb.
Feb.
27 154

15

26
19
25

Feb.

26

26

11

11

6 34 Feb.
27 34 Feb.

Feb.
6
Feb.
1034
7
2 34
Feb.
1
34 34
Feb.
1 191
Feb.
7
Feb.
5634
Feb. 24 166
29
Feb.

Feb.

Jan.

8

Feb.

*53

3

2334 Feb. 29
534 Jan. 19
9
34 Feb.

9

2

7

1
554 Feb.
4734 Jan. 24
3
34 Jan.

Feb.

634 Feb.

9

Feb.

110

Feb.

6

1
3534 Feb.
3734
13134 Feb. 24 133
1
14 34
Sale
1234 Feb.
1
60 M
54
Feb.
Sale
4%
434 Feb. 28
434

Sale

90

29

3234 Feb.
9
734 Feb. 27
1534 Feb. 23

5 10034 Feb. 21
Feo.
10234 100
1
434 Feb.
334 Feb. 29
Sale
4
334 Sale
2
3 34 Feb. 29
434 Feb.
3 31 Sale
4
434
2
Feb. 16
9
Feb.
1034
10
9
934
934
8234 Feb. 16 82 34 Feb. 16
93
82 34
93
8134
1
1
834 Feb.
834 Feb.
8%
8 34 Sale
83§
Feb. 16
7
27
2534 Feb.
2734
2634
2534 Sale
Feb. 29
Sale
12534 Feb. 21 126
126
124

94

.Jan.

2

434
934
134
32 34
34
18034
Sale
53 34
Sale
16234 16334
Sale
334

2534

Sale

155

19

434

27

126

11334 Jan.

17

Sale

3634
3434

8934

14

Feb.

Sale

34

Sale

Feb.

107

934 Jan. 10 1054 Jan.
Jan.
10734 Feb. 28 110

1234 Feb.

Feb.

36

Sale

334 Jan.

5934 Feb.

Feb.

Sale

Sale

8"

12
22
4

834 Feb. 26
Jan. 30
11

6

35

41

Sale

Sale

19

95

3

1134 Feb.

109

5m

26

3

Jan.

5434 Feb.

Sale

WA
2534

734 Jan.

334 Jan.

91

3434 Feb.

Sale

Sale

9834 10134

_

11234 Jan.

Feb.

27

sm Sale
3534
132 34 13434 13134 133

54^

29
9

5
6

91

434

934 Sale
634
634

Sale
Sale

2

Feb.
3034 Jan.
5 34
Jan.
3434 Jan. 17 37
1734 Jan. 15 2034 Feb.
j 6 —-Febi-21- 17—Jan.
10434.Jam 25 looKJap.
ziOT Feb. 14 10334 Jan.
24
Jan. 22
2834 Jan.

2

Feb.
Feb.

634

166

4

1734 Jan.

Feb.

10

131
61

61

434
334 Sale
3
334
334
4134 Sale
4234
110
10934 Sale
434
434
434
1034
934 Sale
2
134
a
33
32 34 Sale
Sale
18934
18034
53 34
53 34 Sale

6

Feb.

3 34 Jan.

15

Feb.

Sale

4934
134
134
534
534
23 34 Sale
6
Sale

11534

20

8
3

4
3
234 Feb. 23
2834 Feb. 23

87 34 J an.
131
Jan.

2

29

49

Sale

9

Jan.

12

Feb.
1134 Jan.
234 Jan.

9
8 *13234 Feb. 1
21
6134 Feb.* 17

Feb.

6734 Sale

534
534

Feb.

34
17

16 163

Feb.

113 34 105
110
Sale
534 Sale

534
534
2634

2
6
29

Jan.

16
2
6
6
1034 Feb. 20
28 10934 Feb.
5

14

Sale

22 34

Feb.

Jan.

16

Feb. 23

2
16

142

1834 Jan.
2754 Jan.
2934 Jan.

3034 Jan.

93 34 Feb.
3 34 Feb.
14 112 34 Feb.

88

1434

Sale

334

21

Jan.
Jan.
Jan.
Jan.
Feb.
Jan.

9

13

Sale

5534
33 34
1234

1

4
3

Jan.

110

101

Sale

Jan.

Jan.
3434 Feb.
2434 Feb.
16

147

135

Sale
34 34

834 Feb. 24

9
1

19

110

21

Feb.
Feb.

Feb.

3

3

Feb.

9l%

\rA

Feb.

13

3134
2334
1234
2234
2734
13334

2434 J an.

3434 Feb.

34

Feb.

32

5

9

55

Feb. 23
Feb. 16
Feb. 17

17

24

34 Jan.

834 Feb. 24

1434
934
1434
3434
2434
1434
2534
28 34

234
2834
3 34
1734

Feb.

1

Convertible class A—

For footnotes see page

Sale

34

Wheel—

210 Kendall Co $6 part

3

69

2

154

Sale

.

1734

1

9

154

Sale

Preferred

Jan.

1 142

13

153

Sale

— *
4,000 Kansas City Southern
4% preferred
100
1,600
1,000 Kaurmann Department Stores 1
5% conv preferred
100
100
-----5
2,800 Kayser (J) & Co.:
200 Keith-Albee Orpheum pref. 100

17,900
13,500

5934
33 34
1134

152

133
Sale

*
—*
---100
5,900 Jones & Laugh Steel pref..100
3.200 Kalamazoo Stove & Furn Co 10
100 Kansas City Lt 1st pref ser B_*
740

101

Sale

Sale

——---1

1

5

Feb.

Feb.

Sale

—-1

7
23

3 34 Feb.
15
Feb.

20

11334 112

Sale

*

8

2034

12

.

114

166
Sale

—-—10

2

Jan.

3534 Sale

88
8734
89
*13234 Sale 132
5934
6134 60
113
11134 114
1634
1734
1834
3134
3234 3034
534
6
1334
1234 Sale

118

Sale

—-50

1534

15

Sale

Sale

7% preferred
—-—100
International Tele & Tel
*
Foreign share certificates—*
Interstate Department Stores *

10,600 Jar vis (W B) Co
5,100 Jewel Tea inc.17,900 Johns-Manville.

14

1134
2134

Sale

-

2,000 Intertype Corp
3,500 Island Creek Coal
$6 preferred
60

147
734 Sale
9434
96
334
334
111
112
1034
1034
108
110
155
162

133

38 34

Sale

—*

17

Feb.

88

-

24

Sale

—100

Feb.

2

35
Feb.
2 3534 Feb. 27
6
Sale
2034 Feb. 19
1734 Feb.
Feth -2-1
16
-Feb.- 21
-1514—4634
5 104 34. Feb^ 5
10434 Feb.
10434 Sale
10434
Feb.-14 1B234 Feb.
7
102
*101
102
Sale' TBI
Feb. 16
24
2534 Feb.
2
2434 Sale
2534
26

Sale

Sale

Agricultural
—*
preferred
--.100
Int. Business Machines———*
International Harvester
—*
7% preferred
—-100
Internat Hydro-Elec Sys A.25
International Mercan Marine.*
Internation Mining Corp. — 1

Feb.

3

7

Sale

5 34
Sale

Prior

Jan.
Jan.
Jan. &&
Feb. 28
Jan.
Jan.
Jan.
Jan.
Jan.

2
Feb.
1
85
20 34 Feb. 27
Feb. 28
69
24 54 Feb. 19
97 34 Feb. 21
8
434 Feb.
Feb.
5
67
1
134 Feb.

1134 Feb.
234 Feb.

Sale

8834

Internat

1134 Sale
234 Sale
28
2434
334
334

34

Sale

3834
234
234
8034
1634
6334
2134
9134
334

43

17

17

1134
2134
4034
534
534
2634
11134

Interlake Iron

Preferred

Sale

Sale

6% preferred
100
Intercontinental Rubber..—

6

334 Feb.
234 Feb.

29

Sale

109

5% preferred
International Salt
International Shoe
International Silver

12

Feb.
Feb.

Sale

Sale

—

Feb.

Sale

Sale

*
—100
- -

Feb.

4
6

55
16

4K

Sale

Corp---—*

1

32

Sale

6% preferred series A
100
Leased line 4%----100
RR sec stock ctfs ser A-1000
Indian Refining
10

6

Sale

Sale

100

Illinois Central

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

140

Jan.

734 Jan.

57

50

Sale

1

13

32M .Sale

3234
3534
1.834

26

3234
2334
1334
2234
2734

Sale

534 Sale

26

5
26

Sale

4934 Sale
34

734 Feb.

1634

Sale

6

Sale

142

1534

6

1434 Feb.
934 Feb.

32

6834 Sale
11034 114

Hudson &

K6lsey Hayes

13,300
8,700

-j. ^

^ |B>

„——

-

80
900

„

34
Sale

148,000 International Nickel of Canada*
Preferred
-—100
1,500
146,400 International Paper & Powerl5
5% conv preferred.100
138,100
8,700 Internatl Rys of Cent Amer—*

36,500
13,000
2,500
1,300

Sale

Inspiration Cons Copper—20
Insurancshares Ctfs Inc—-.1
tlnterboro Rap Trans
100
Certificates of deposit
200

3,530
1,600
3,500
2,300
1,000
91,200
21,500
6,400

400

(^Islss B

Ingersol-Rand
6% preferred
330

5,800
35,800
3,100
37.100

38,100
6,700
1,400
1,600
32,600

110

Homestake

Household Finance—
Common stock
3,600

400

350
660

634
1334

Mining.—.—12.50
3,200 Houdaille-Hershey class A—*

7,500
4,400
11,300
6,000
9,000
12,800
18,300
12,000

Sale

---100

7% preferred
500

.

Sale

5
--*

28

1934

9

16

lHaM——.IT""™

13134
6134
11534

10

(Del)
Hollander (A) & Son

Holland Furnace

2734

17%

Sale

6% preferred
100
Hershey Chocolate
*
$4 conv preferred—
-*
Hinde & Dauch Paper Co—10

Sale

35

Sale

-

Sale

Sale

32

-25
100 15534 160
15

Sale

13 34

4

Feb.

Sale

23

234

1
5

34

24

24

Feb.
Feb.

834

Sale

60

28

27

Sale

Sale

Feb.

29

Sale

16

Jan.

43

1
2

Feb.

1434

3

5654 Feb.

17

20

Feb.

Sale

1434

J an.

4734 Jan.

9

29

Feb.

Sale

34

24

Highest
Sale Prices

Feb.

16

1434
934

Lowest
Sale Prices

Feb.

6

14

Sale

Sale

14

Sale
109

10
107

8034
Sale
1734
63 34
6834
Sale
2234
97 M *9134

Sale

234

3 1 34
3534

43 34
Sale

AA
Sale

3 34

1834 Sale

Sale

5

Feb.

Feb.

3 34

Highest

Feb.
8.
56 34 Feb.
1834 Feb.

Feb.

334 Feb.
Feb.
64

64

734

18

334
4
1734 Sale

6% preferred

W*
96

Sale

48

.

130

68 34

10

—'

•;

1934

Sale

1334
.3234
2334
13 34
23 34
27 34

5634

83

1434 Sale

1134 Sale
2 34 Sale
21
27 34

30 34
34

Sale

734

140
60
Sale
Sale

33

17 34
4134
3 34
234

334
334
69
6734
134 Sale

69

3!

1734 Sale

92

9434
SM

Sale

16

54

2234 Sale

Sale

3334 Sale
23 34
2434
1734 Sale
2634 Sal©
2834 Sale
45

100

88
Sale

Sale
9 M Sale

10 Green Bay & Western RR-100
1
11,000 Green (H L) Go
110,600 Greyhound Corp (The)
534% preferred
10
4,700
14,600 Guantanamo Sugar..
850
8% preferred
100
1,200 Gulf Mobile & Northern.—100

6% preferred

Sale

14 M

L34

1,800

Sale

Prices

Ask
Sale

734 Sale
5534 Sale
17 34 Sale
43
42 34
234 Sale
234

734 Sale

100

Preferred

Bid

Sale

51

50

1

390

Ask

Bid

*

31,700 Gimbel Brothers
6,500
preferred
23,200 Glidden Co (The).. — 2,500
434 % conv preferred

Ask Bid

Sale Prices

Lowest

Feb. 29

Feb. 1

Par

Shares

14,500
3,000
5,500

1

v

1940

exchange

n. y. stock

In

February

RANGE SINCE JAN.

PRICES IN FEBRLARY

Price

SALES

35

EXCHANGE-STOCKS

N. Y. STOCK

March, 1940]

20

Jan.

5

8
23
8
9

Feb.

1534 Jan.
95

Jan.

1334 Feb. 15
734 Jan.
3
9534 Jan. 30

N. Y. STOCK EXCHANGE-STOCKS

36
aggregate
sales
In

Price

PRICES IN FEBRLARY

STOCKS

Jan. 2

N. Y. STOCK EXCHANGE

1940

8hares

75,200
4,900

1,300
1,100
680

10,200
200

9,600

20,300

Par

Shares

■

580 Laclede Gas Light

220
50

940

3,400
3,600
3,100

9,500
1,300
13,400
8,100

300

640

6,200
8,200
4,400
16,600
2,900
1,700
15,700
10,600

12,300
16,600
8,200

200

1,200

1,300

9,500,
500

800

1,700
3,400
2,900
13,100

73,600
34,300
700

505,900
$.,900

♦

Kennecott Copper
'*
Keystone Steel & Wire Co.
*
Kimberly-Clark
:::i
Kinney (G R)
♦
$5 prior preferred
::io
Kresge (S S) Co
200 Kresge Department Stores. ..I
*
13,600 Kress (S H) & Co.— ----*
41,800 Kroger Grocery & Baking.

147,100
9,100
5,100
3,300
2,770
24,400

47,900
5,500
4,800
32,000
18,200
2,600
4,500
24,800
1,300
3,400
5,400
7,900
7,600
29,600
185,000
63,400
1,400

5% preferred
Lambert Co (The)
Lane Bryant.

—

-5

Lee Rubber & Tire

Lehigh Portland Cement—-25
4% convpreferred..
100
Lehigh Valley
60
Lehigh Valley Coal
-*
6% convpreferred
50
Lehman Corp. (The). —
1

Lima Locomotive Works
Link Belt Co

15,400

Lion Oil Refining

Co

1,200
30

12,400
7,300
1,600
3,100
8,500

690

14,900
21,300
1,700
700

26,500
900

38,700
71,700
219,200
2,700

70

700

5,600
1,700
5,200
19,200
2,600
300

4,100

40

700
32,300
19,400
8,060
1,410
7,100
38,800
18,300
10,000
1,910

270

2,500
25,300
6,600
3,400
640

6,200
100

3.800
400

2,500
7,000
11,900
2,000
13,600
2,400
9,900
130
40

45,800
400
870

6.700
12,700
4,100
6,400
1,880
6,200
3,100
30

93,900
1,200

Sale

15

16

Sale
Sale

15*
4*

Sale

32

5

22%
114%

111

3*
iy$
3*
22%

Sale

Sale
Sale

Sale

1

Feb.

3

Feb.

17

Feb.

Feb.

19

Feb.

Feb.

13

Feb.
Feb.
Feb. 14 43*
Feb. 28 107*

Feb.

17

Feb.

13
29

*

Feb.

Sale

107

108

Sale

3

Sale
20

Sale
105
Feb. 26
176* 175* Feb.
1
20*
19* Feb. 20

Feb.

175*
19*

Feb.

10

Feb.

8

Sale

Feb.

8

107

Feb.

14

30

Sale
Sale

Sale

30

Feb.

A

Sale

17% Sale

100

109

-10

24* Sale
156% Sale
20% Sale
58% Sale

—100
*
100

*
-*
10
1
*

—

guar.100

*

110

34% Sale
134%
27% Sale

133

34*

Sale

12

Sale

33*
2*
6*

7

6
26

28

29

27

29

28*
15*
15*
14*
1*

14%
14%
15%
1%
4%

Sale

14%
Sale
o

Sale
Sale
Sale

16

1*

5

Sale

14
40

Sale

5
Sale

Sale

8

Sale

30%
161%

37*
Sale

52% "53%
3% Sale
25% 26%
98

100

14% Sale
15% Sale
106

24%

110
25
8
Sale
Sale
Sale

Sale
70

63%

Sale

14*
Sale

Sale
Sale
Sale

108

Implem.. 1

Sale

*
*

Sale
Sale

9

29*
166*
50*
3*
25*

1

Sale

Monsanto Chemical Wks.-_.10

17

Sale

107

Sale

$4.50 preferred

*

118

Preferred series B

*

110

120

119

Sale

51*
44*
30*
11*
16*
24*

Sale

4

Sale

31

11*
69*
Sale

Sale
52

3*
25*

10*

11

5*
50*

110
Sale

51

3

20
20
2* Feb. 19
21
Jan. 16
12* Jan. 12
26* Jan. 18

48*
6*
41*
105*

9*
18*
16*
5*
35*
23*

Feb.
6
Jan. 15
Feb. 21
Jan. 31 115

Feb.
* Feb.

4

Jan.

22

18
2
2

106

Jari.

Jan.
Jan.

4

27*

Jan.

Feb.— 9
14

Feb.

Feb.

3

Feb.

7

19* Feb.
59* Feb.

5

9
6

3 108* Feb.

16*
107*
23*
153*
16*
55*

4

Jan. 30
18*
Jan. 31 109
Jan. 15 25
Jan. 12 159
Feb. 10
Jan. 22 60

112
Sale

7*
Sale

11*
Sale

112*

10*
80
Sale
Sale

Sale
Sale

7

27* Jan.
11* Jan.

15
9

33* Jan.

19

13

23
8

Jan.

3

11

Jan.

5

Jan.

7
4

Jan.

25

27

6 111

5
Feb.
Feb. 24

Feb. 29

10

Feb.

64

Feb.
Feb.
99* Feb.

1

1

24*
8*
44*
12*
8*

28

14* Jan.

17

3
20

14* Jan.
14* Feb.
1 * Jan.

16

Jan.

9
2

4* Jan,

13

3* Jan.

21
9

35* Jan.

20

7* Jan.
35* Feb.

13

99

Jan.

10

Jan.

64

Feb.

Feb.

66

30* Feb.

1

Feb.

3

2
22* Feb.
14* Feb. 29

Sale

29

Feb.

33* Feb.
5* Feb.

5
24
28

108

Jan.

12

21* Jan.

20

14* Jan.

3
26
15
27

Feb.

29
51
Feb. 20 110

Sale

12*

12*
75

Feb.

5
1

13

1
4

1

15
25

9

47

Feb.

29

2

106

Jan.

4

Jan.
Jan.
Jan.
Feb.
Feb.

29

22

6
6

*5 Jan.

% Feb.

23
8

* Jan. 18
£16* Feb. 29

13

104

19

Feb.

1

117

Jan.

8

120

Jan.

5
2

45

Feb.

30*
11*
18*
25*
5*

1
Feb.
9
Feb.
Feb. 27
Feb. 29
Feb. 16

28
24

23

5* Feb.

1

16

15

3

Feb.

Jan.

14

13

50

13
28

9

Feb.

10* Feb.
68* Feb.

16
2

13

8 121* Feb.
1
55
Feb.

5

3*
37*
9*
*
3*

Feb.

5 110* Feb.
Feb.
2 118

14
29
14

29

Feb.
Feb.

1

29

Jan.

8* Jan.
13* Jan.
33* Jan.
Jan.

8
4* Feb.
42* Feb. 28
10* Feb. 19

28

28

Ill

3
3
2

30

109

Sale
Sale

Feb.
Feb.

Feb.

3

5

21

Feb.

.

108

5

Feb.

21

15

50* Jan.

43*
28*
10*
15*

Feb.
Feb.
Jan.

Jan.

23

Feb.

4

Jan.

30

Feb.

10

Jan.

67* Jan.
109

Feb.

5* Jan.
50

Feb.

i\y>

25*
8*
47*
12*
9*
2 102*
12
11*

15

8* Feb.

47

1
22

6
53* Feb.
30
29* Jan

26
7
3

Jan.

5

Feb.

13

Feb. 21
Feb.
9
Feb. 20
Jan.
8

31* Jan.

6 169

26

31* Feb. 29
11* Feb. 21
Sale
14
Feb. 24
15* Feb. 13
Sale
9
35* Feb.
33* Feb.
3 119* Feb. 28
118* 113* Feb.
Sale

16

Feb. 23
Feb. 10
Feb. 29
7
Feb.
Feb. 13
Feb.
6
Feb. 24 108
Feb. 17 x22* Jan. 15
7* Jan. 17
9
Feb.
2
40* Feb. 29
Feb.
10* Jan. 15
Feb. 21
1
9
8* Feb.
Feb.
9

5

5*
5*
15*
42*
14*
40*

53*
4*
26
Feb.
2
27*
98
Jan.
11 103*
14* Jan. 13
16*
14* Jan. 31

8

Sale

Sale

28* Jan.
161* Jan.
50* Feb.
3 * Jan.

Feb.

6

16* Jan.
1* Jan.

Jan.

Feb.

Feb.

5

13

1

53* Feb.

Jan.

27
Feb. 28
Feb. 28
Feb. 28

5 102

11
64

4

Jan.

13

Feb.

4

Feb. 16
Jan.
2

28

15

23*
7*
40*
10*
8%

Jan.

28

20

108

3

Jan.

Feb.

~

5

3

Jan.
Jan.

27

Feb.

_

2* Feb.
6* Feb.

28*
30*
12*
37*
3*
6*
35*
31*

6

Feb.
Jan.

28

Feb.

Feb.

15

Jan.

33* Feb. 24

21

53

15

23

Jan. 26
Jan. 12
Jan.
6
2ly* Jan. 3
40
Jan.
2
13% Feb. 17
18* Feb. 23
9
32* Feb.
37* Jan.
3

~.L* Ee.b...2&-

31

100* Feb.
14* Feb.

3

46* Jan-, .2

17

4%
26*
6 103*
15*
16*

_

18* Jai

20 169

Feb.

3

42* Jan. 15
3 *- Janr 15

9

Feb.

26

5
4

F.eJb.J£8

50* Feb.
3* Feb.

28* Feb. 26
169

Sale

8

3

Feb. 13
Feb. 29

35
Jan.
12 134* Jan.

Sale

4

10

11

19

15

17

10

25

15

5
5
11

29

36* Jan.
11* Jan.
15* Jan.

28* Jan.
33* Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan

1* Jan.
4* Jan.
23* Jan.
14
Feb.

Jan. 15
53*
Jan. 12
7*
Feb. 14
43*
Jan. 15 108
Feb. 26 108*
Jan. 31 178*
Jan.
4
20*

105
175

3
Feb. 21

30

73

110*
7*
50*

4*
31*
21*
109*

1

29* Jan.

Jan.

3$

Sale
109

30

Jan.

3*

39

4

27
19

24

Sale
3* Feb.
40
39
45
Feb.
9* Sale
9* Feb.
Sale
* Sale
* Feb.
Sale
Feb.
3* Sale
Sale
* Sale
% Feb.
Sale
*
*6
% Feb.
17* £16* Sale £16* Feb.
Sale
105
Feb.
zl07*Sale
117* 117
118
117* Feb.
121* 120
121* 121* Feb.
Sale
53* Sale
51
Feb.
45
43*
44*
43* Feb.
Sale
28* Sale
28* Feb.
Sale
10*
10*
10* Feb.
Sale
17* Sale
16* Feb.
24*
25* Sale
23
Feb.
5
Sale
4% Feb.
niH
32

29

Jan. 24
Feb. 16
Feb. 26

26

133

Sale

3*

Sale

Sale

Feb.
Feb.

2?"

.

31

Feb.

Feb.

159

15
15
16

9

15
Sale

Sale

44*

30
51

4
3*
39
37*
9* Sale

15

2% Jan.
25* Jan.
24* Jan.

27

168

Sale"
26*

Feb.

38% Jan.
3
14* Feb.
9
Jan.
3
2* Jan 24

39

Sale

103*

Sale

Sale

Sale

9

Sale Prices

Sale

14*
15*
14*
15
14*
15*
105* 109* 109
23* Sale
23*
8
7*
7*
41
45*
44*
10* Sale
11*
8* Sale
8*
99* 100* 102*
Sale
10
10*
67
76
62*
54* Sale
65*
30* Sale
33*
5* Sale
5*
23
23*
24*
15*
14*
14*
29
30
31*
8* Sale
10*
14* Sale
14*
34
33* Sale
Sale
116
115*
49*
47
50*
109* 110* 102

Sale

Sale

Sale

99* 105

--*

Sale

Sale

37* Sale

7% preferred series A
100
^Missouri Pacific
—100
Convertible preferred----100
Mohawk Carpet Mills
20

*
113,900 Montgomery Ward & Co
800 Morrell (J) & Co
*
50
2,500 Morris & Essex
*
11,400 Motor Products
6
20,500 Motor Wheel
1
11,900 Mueller Brass Co
1
10,500 Mullins Mfg Corp class B
$7 conv preferred
*
2,670
*
7,400 Munsingwear
*
4,900 Murphy Co (GO)
5% preferred
100
80
106,700 Murray Corp of America.—10
1,400 Myers (F E) & Bros—_—._*

3*

4

Feb.

16* Feb.
56
Feb.

9

Feb.
33* Feb. 24 34
134* Feb. 27 134* Feb..
Feb.
24* Feb. 24 27
Sale
28
Feb. 20
29* Feb.
Sale
12* Feb.
11* Feb. 28
Sale
1
33* Feb.
37* Feb.
Sale
5
2* Feb.
3* Feb.
6*
6* Feb. 28
6* Feb.
6
34*
28* Feb.
35* Feb.
Sale
1
28* Feb.
31* Feb.
Sale
1
17
Feb.
15* Feb.
Sale
16
Feb.
15* Feb. 27
15*
14* Feb. 16
15* Feb.
1 * Feb.
2
1*
1* Feb.
Sale
7
4* Feb.
5* Feb.
Sale
3
5* Feb.
4* Feb.
Sale
13
Feb.
1
15* Feb.
Sale
1
37* Feb.
42* Feb.
Sale
5
8* Feb.
14* Feb.
36
Feb.
35* Feb. 24 39

7
Sale

Sale

158

Feb.
Feb.

34

12*

Sale

13*
37*

56*

Sale

4

36%

18*

34*

28*

Sale
Sale

Feb.- 23

_

Sale

140
Sale

12

Sale

-

158*

25

„

_

19*
19*
59* Sale

134

Feb.

36* Feb.

34* Feb. 29
108* 107* Feb.
5
Sale
23* Feb.
5
"Sale" 42*"Febr28
44
3*
3*. Feb.
8 -3*
Sale
17*
16* Feb. 23
Sale
109
107* Feb.
Sale
24* Feb.
24*

108*
24* Sale
"4T*"'SaIe^
_a* Sale.
16*
17*
107* 109
24* Sale
158

25

38*

107

29

Sale

Mid-Continent

36

34%
3%

Sale




Sale

9

Feb.

23

MengelCo
—,
5% conv 1st preferred
50
Merch & Min Transp Co...*
Mesta Machine Co
5

For footnotes see page 40.

27

48*
6*
41*
105*

Feb.

Feb.

Sale

_

13

13*
Sale

Sale

16

"

-5

410
380

Sale

Feb.

16* Feb.

Sale

Mo-Kan-Texas

1
20

9
2

Sale

1

$6.50 preferred
Mission Corp

20

Feb.
Feb.

Sale

Sale

Minn Moline Power

Feb.

* Feb. 20
2* Feb. 19
21 * Feb.
~

Sale

3*
3%
21% Sale
13
13*
27
Sale
48* Sale
6 * Sale
42*
41*

15* Feb.

16*

Sale
32H Sale
35% Sale
106% Sale
18% Sale
-46%- Sale"*
3% Sale

Petroleum.-.10
Midland Steel Products
__*
8% 1st preferred100
11,100 Min-Honeywell Regulator Co.*
4% conv preferred ser B—100
580

12,300
1,900
7,100
20,600
27,400
13,000
45,400
7,000
19,300

Feb.

7% Jan. 13
14* Feb. 28

16

16

100
*
$6 preferred series A
*
$5.50 pref ser B with warr..*

Copper

3

3*
Sale

Sale

6
21

*

7% gtd certifs of deposit
Modified 5% guaranteed 100
Certificates of deposit
Manhattan Shirt..
—25
Maracaibo Oil Explor
1
Marine Midland Corp
---5
Market Street Ry prior pref 100
Marshall Field & Co—
*
Martin (Glenn L) Co
1
Martin Parry Corp
*
Masonite Corp
—*

Miami

Feb.

8* Feb.
15* Feb.
Feb.

17

*

Melville Shoe Corp...—.

110

28* Jan.

2

Feb.

—25

preferred

113

21

27

.... —

S3

Sale

Feb.

4

Feb.

*

Macy (R H) Co Inc..
Madison Square Garden
Magma Copper
Manati Sugar Co

Sale

30

14
3
16

12

1

-

5*

5*

Feb. 16
Feb. 28
Feb.
1
Feb.
6
Feb.
5
Feb. 21

26

28

Feb.
Feb.
Feb.

Sale

$6.50 preferred—

Preferred

16

Sale

1

7*
14*
15*
4*
31*
21 *

15*

17
Sale

26

13

Lo hg

.

Sale

22* Sale
110* Sale
3*
3%

Sale

Sale

8*

7%

14

%iH
22

Sale

9

12*

540
6% conv preferred
11,400 Mead Corp

40

Sale

Sale

21

Feb.
Feb.
Feb.
Feb.

Sale

$6 1st preferred
*
*
9,300 McCall Corp
--1
23,800 McCrory Stores—
700
6% conv preferred..
100
1
11,400 McGraw Electric Co
*
4,400 McGraw Hill Publ Co.
12,100 Mclntyre Porcupine Mines.-.6
10
36,300 McKeesport Tin Plate
--1
7,800 McLellan Stores Co.

600

10,900
6,500
2,720

Sale

Sale

38* Feb.

12%

10,700 May Department Stores—-.10
*
3,900 Maytag Co (The)

2,500
10,000

Sale

1
20
1
25* Feb.
3* Feb. 29
Feb. 27
25
1
x28% Feb.

1

Highest

Sale Prices
2
34% Feb.
13* Jan. 12
35
Jan. 15

14*
36*
2*
30*

26

40

700
280

4*

..

Sale

2* Feb.
28* Feb.

7

Feb.

Sale

5,100
2,300
200

3*
29

28*

35

37

15,800 Mathieson Alkali Works—...»
60
7% preferred —--100

8,200

Sale

2*

13* Feb. 29

Sale

25

*

400 Mandel Bros
IManhat'n Ry Co 7%

2,120
1,100
25,900
49,800
5,300
2,200
57,300
2,200
56,500
134,200
281,600
10,800

25

Sale

Sale

2,400 MacAndrews & Forbes Co.-10
300
6% preferred
100
Mack Truck Inc
—*

300

1,240

26

3
Sale

Sale

35% Sale x37
13%
13% Sale
36
36*
34%
2% Sale
2*
30
29* Sale
25% Sale x25%
4%
3*
3%
26
28
28%
30
*28 * Sale

Sale

1

14,300 Louisville Gas & Elec A
8,300 Louisville & Nashville

29,600
24,700
5,500
8,000
12,400

Sale

Lowest

Sale Prices

40

Loew's Xnc_

5% preferred.
32,700 Lorillard (P) common
960

Sale
14

38

Highest

Sale Prices
2
34% Feb.

Ask

28

Liquid Carbonic Corp
Lockheed Aircraft Corp

250

370

8,400
2,800

37X
13 *

Ask Bid

Bid

*
—*
-*

1,070,700 Loft Inc

23,700

Ask

Lehn & Fink Products Corp-.5
12
13%
Lerner Stores Corp
27
*
28%
52
Sale
Libbey-Owens-Ford Glass....*
6y
Sale
Libby McNeill & Libby
7
Life Savers Corp
41
Sale
-5
Sale
Liggett & Myers Tob com—25 106
Series B
-25
% Sale
Preferred
100 176
178%
17
Lily Tulip Cup Corp ...
*
18%

2,000. *^*ta<?wan6,900 Long Bell Lumber A
8,200 Loose-Wiles Biscuit.
1,200
150

100
100
*
*

Bid

Lowest

Feb. 29

Feb. 1

February

RANGE SINCE JAN.

4
Feb. 20

Jan.

4

Feb. 23
Jan. 13
Feb. 29
Jan.
8
Jan.
4
Feb.
Jan.

24,
4

Feb.

9

Jan.
Jan.

3
9

Jan.

4

Jan. 11
Jan.
6
64
Feb.
5
66
Feb.. 24
33* Feb. 28
5
6* Jan.
26
Feb. 21

16* Jan. 10
31* Feb.29
11* Feb. 21
2
16* Jan.
37
Jan.
4
119* Feb. 28
8
53* Jan.
110
Jan. 20

4*
42*
10*
1*
4*

t

Jan.
6
Feb. 28
Jan.
8
Jan.
2
Jan.
3
Jan.
8
Jan.
3

4
19* Jan.
15 110* Feb. 13
16 118
Jan.
8
4 121* Jan. 30
15
56
Jan.
3
14
45
Feb.
2

29
12

20
6
30
3
22
23
13
13
15

30* Feb.
12* Jan.
18* Feb.
26* Jan.
5* Feb.
39
Feb.
14
Feb.
75
Feb.
110* Feb.
Feb.
Jan.

5f*

1
3

27
9
16

28
15
24
23
16

12

N. Y. STOCK

March, 1940]
AGGREGATE

SALES
Since

February

Jan. 1

Shares

61,100
710

12,400
7,300
26,100
200

3,100
500
600

10,100
3,000
36,200
360
330

3,100
2,300
19,300
200

16,000
600

26,600
800
170

6,000
15,200
11,700
9,400
1,000
3,000

n. y. stock

Shares

1,400
23,900
7,500
72,100
1.110

3,610
5,600
17,900
3,800
1,000

8,100
2,000
800

Corp-*

Cash Register

*

25
Co of Pa—10

$2 conv. preferred
40
5%% prior preferred—--100
6% prior preferred
--100
National Tea Co
*
Natomas Co
*
Neisner Bros Inc——-—--1

4 %% conv serial pref—100
500
--*
1,500 Newberry Co fJ J)—
5% preferred series A
100
200
10
4,400 Newmont Mining Corp

39,300
7,400
249,600
7,800
21,000
5,200
1,300
900

160 New York & Harlem..

50

10% preferred

50

650

1,200
2,100
250

39,900
2,300
3,400
68,400
370

V ,400
900
470

3,200
60

33,100
7,300
2,900
500
300

11,500

430

470

9,100
80

22,700

50
20

30

460

200

470

3,400
147,100
228,500
571.700
3,200
7,000
2,700
115,300
1,700
9,600

300
900
950

2,450
700

2,800
11,800
27,400
3,900
700

3,000

5

7%
110%

"52 H
Sale
Sale

h
Sale
32
Sale
Sale
Sale

58
Sale
89
Sale

111%
Sale

Sale

44%
Sale
Sale
Sale
Sale

6%

100

Sale

1st preferred—

Outboard Marine & Mfg..—5
Outlet Co
*
...

Preferred

100

...

Owens-Illinois Glass Co.. 12.50

Pacific Coast
1st

43
Sale
55
51%
116% 120

62% Sale
5% Sale

10

-

6%
23%

*

preferred

Pacific Mills

Pacific

600

14,100
7,300
39,100
11,900
9,900
2,300
1,000
180,500
1,000
5,700

12%
Sale

*

Sale

.-100
100
_1

132

"7%

10

12%
23%

Sale

18% Sale

Sale

Packard Motor Car

Sale

Pan American Airways Corp.

Sale

165
18
97

Sale

112

109% Sale
Sale

6

6%

5%

Sale

23%
12%

13%
10% Sale

5%
6

24%
13

11

91
96%
93
21%
19% Sale
174% 2171
172
Sale

148

Sale

8

41

40

41%
40%
3% Sale
9% Sale
24
87

138

22%
7%
67%
8%
13%
42%
42%

5%
9%

24%
86

41%
40%
107% 109%

72% Sale
11% Sale

'SSif
IF

Panhandle Prod &

5
1
*

Ref

Paraffine Cos Inc

100

4% conv preferred
Paramount Pictures__
1st

preferred
2d preferred
Park & Tilford
Park

1

113

110

110

Sale

95

1
1

15

Penick & Ford

—-*

Penney (J C) Co

*

Penn Coal & Coke

.10
*

Penn-Dixie Cement

$7

pref series A
*
Penn Glass Sand Corp v t C—*
$7 conv preferred
__*
Pennsylvania RR Co.—
50
People's Drug Stores Inc
*
People's Gas Light & Coke.100
conv

100
900 Peoria & Eastern
Pere Marquette
-100
2,000
Prior preferred
100
2,760
Preferred
100
6,370
Pet Milk—
*
1,000
Petroleum Corp
5
8,900
Pfeiffer Brewing Co
*
25,800
25
66,500 Phelps Dodge
50
9,600 Philadelphia Co pref 6%
$6 preferred
*
1,700
10,900 Philadelphia & Reading C & I_»

For footnotes see page 40




-

-

— —

Sale

8%

il*

2% Sale
Sale

44

19% Sale
10

vf

Sale

Sale

6% Sale
59% 61
95

Sale

2% Sale
Sale

23
13

37

3%

11%
33
27

20%
8

Sale

22%
8%

6%
6%
40% Sale
43

44

81%
%

83
' %

Feb.

2
1

Feb.

1

1
Feb. 23

18% Feb.

10% Feb.

ill*

Feb.
Feb.

Feb.

86% Feb.

41%
110

Feb.

74%
Sale

71% Feb.
11% Feb.
Feb.

19% Feb.

5

16

Feb.

Feb.

Feb.
% Feb.

54

a

% Feb.
13% Feb.

Sale

93

15% Sale

41% Feb.

15

9 109% Feb.
1
75% Feb.
5
14% Feb.
1
47
Feb.

24
21
20

17% Feb.
19% Fern
Feb.
Feb.
Feb.
Feb.
Feb.

9
9
9
6
9
29
27

28
1

Feb. 14
3% Feb. 16
6% Feb.
8
112% Feb.
8

1 % Feb.

59

10
Feb.
2
1
16 a;24% Feb. 28
87
Feb. 14
21

Feb

Sale

100%

Feb. 26

97

Feb. 13
5
11% Feb. 19
5
17% Feb. 21
1 114
Feb.
7

41% Feb. 20
109

% Sale
1 %

6% Sale
19
18%
13% Sale

6%
19%
13%
Sale
105
104%
4%
5%
4%
17%
153%
17%
141% Sale 138%
Sale
10
10%
36
40
34%
27%
27% Sale
55

51

120
Sale

115

62%
6

Sale

6

Sale

22

•

12%
11%

y

%
41%
95

7%
83%
8%
17

3%
...

119

Feb.

13

34%
32%
4%
7%
115

9

Feb.

20

% Feb.

2

Feb.

1

Feb.

14
19

56

2

10
1%
14
%
1
3 107

Feb.

Feb.

27
31% Feb. 24
Feb. 24
218
112% Feb. 10
22% Feb. 15
57% Feb. 26
57% Feb. 21

35

43%
76%
%

5

Sale
144
Sale

37%
28%

10

1

37

8

Feb.
Feb.
27% Feb.
55
Feb.

Sale
Sale

Sale
88
9
18
Sale
Sale
Sale
Sale
Sale
6%

92
Sale

18
Sale

26

% Feb. 13

Sale
Sale

Sale
Sale
%

44%
76%

%

22

15% Jan.

22

T6"%Jan.
30% Jan.
31 % Feb.
3% Jan.
6% Jan.

"22

110

Jan.

52%
%
1%
%

Jan.
Jan.
Jan.

92

Jan.

Jan.
13% Jan.

28% Jan.

23
14
12
31
9

15

88

8
Feb.
Jan. 26
Feb. 15

Jan.

7% Jan.
Ill

Jan.

30

Jan.

31

41% Jan.

24

4

6% Feb. 24
18% Jan. 20
13% Jan.

103% Jan.
5

Jan.

2

Feb.
34% Feb.
Feb.
Feb.

17
10

32% Jan.
46% Feb.

15

12

8

29

11

Jan.

Jan.

5

23

3

7% Jan.

12

Feb.

15

12

Feb.

8

3% Jan.
t/15% Feb.

Feb.
Feb.

28
8

15

Feb.
Jan.
Feb.
Jan.

14

18

16

20

7

Jan.

5

8% Feb.
86% Feb.

5

85

Jan.

2

6

11*

Feb.

20

8% Jan.

18

Feb.

6

2%
43%
21%
1%
11%

Feb.

21

4

Feb.

8

4

Feb.

24

Feb.

17
19

14%

14

Feb.

9

14

Feb.

9

36

Feb.

3

Feb.

10%
30%
21 %
21%
7%

16

1
Feb.
1
Feb.
1
Feb.
1
Feb.
Feb. 10

7%

Feb.

8

Feb.

17
2

Feb.

2
10% Feb.
5 x39% Feb. 21

8% Feb. 20
34%
41 %
76%
%

Feb.
Feb.
Feb.
Feb.

2

45

1

80

2

Feb.

Feb.

13
2

% Feb.

5

Feb.

87%

.Tan.

18

25
4
4

9% Feb. 20
6

18

Jan.

15

22

Feb.

28

Jan.
Jan.
Feb.
Feb.

11

2% Jan.
3% Jan.

2

1%
9%
5%
55%
88

13

17

1% Jan.

4

11% Feb. 21
Jan.
2
7

1

62% Jan.

6

95

23

4

5

25

24

Feb.

16

Jan.

24

30% Feb.
21% Feb.

1

10

-

15
5

16

1

Jan.

4% Jan.

Feb.

5

16%
118%
24%
36%
38%

Feb.
Jan.

Jan.

Jan.
Jan.
Jan.
Feb.

9

Feb.

3
4
4
17

Jan.

4

Feb.

2
2
11
4
4

Jan.

Jan.
Jan.

14
30

40

Jan.

20

47

Jan.

74% Jan;
% Jan.

26

85

Jan.

5

3

5
5
4
27
3

Jan.

12%
36%
28%
22%
8%
10%
40%

Jan.

11

5
2
8
17
3

4% Jan.

7% Jan.
6% Jan.
34% Feb.

21

5

Jan.

Jan.
Jan.
Jan.
Feb.
Jan.

3

9

Jan.

44

101% Jan.
15
8% Jan.

10
2
23

3

16
28

Jan.

Feb.

Feb.
Feb.

12

3

Feb. 28

2% Jan.
44% Jan.

3

Feb.

15

Jan.

9

15

11%
34%
25%
22%

Feb.

Jan.

7
24

Feb.

3

Jan.

17
3
4
23
24
4
4

Jan.

38% Feb.

36

7%
8%
3%
20%
1%
7%

6
13
4
9

1% Feb.
42% Feb.

17

20%
13%
118%
21%
33%
35%

23% Feb. 20

21% Feb.
33 % Feb.

Feb.
Jan.

16% Jan.

13

Jan.

1

Feb.

Jan.

Feb.

%
6%
%
41%

50

Feb.

26

5

Feb.

6 154

Feb.
Feb.

100

3

5

Jan.

16 134

6

57% Feb. 14
90% Feb. 21

Jan.

4
19
Jan.
3
Jan. 11
Feb.
8
30
Jan. 22
55
Jan. 17
120
6
64% Jan.
6% Jan. 10

iUM
IF

Jan.

2

6

4
8
7

Jan.

Feb.

6

Feb.

Feb.

Jan.

Jan.

130% Jan.

14

.

6%
23%
12%
151 12%
15 34%

151

21

26% Jan.

17

6

21

3

Jan.

24

6

Feb.

7% Jan.

Jan.

58

4*

Feb.

Feb.

34% Jan.
5% Jan.
42% Jan.

3
8
10
3
20
3
Id
3
3
12

59

29

Feb. 23

Feb.

31% Feb. 24

Jan.

23

7

Feb.

56

10% Feb.

20

Feb.

2

Jan.
4
75% Feb. 21
14% Feb. 20
50
Jan.
3"
18%.Jan... 3
21% Jan. " 4~
39
Jan.
33
Jan.
5% Jan.
7% Jan.
115
Feb. 27

22
13
14%
22 106%
24
5%

15% Feb. 28

Feb.

20

41%

5
90% Feb.
18
9% Jan.
17 112% Feb.

33% Jan.

Feb.

Feb.

87

4
Feb. 23
15
Feb. 29
Jan. 29
Jan.
3
Feb. 14
Jan. 25

3

5% Feb.

Feb.

5%
10%
25%

3
4

26

Feb.

6

Feb.

Jan.
Jan.
jau,

Jan.

Feb.

% Feb.

43

22 219

Feb.

1

4
3

Jan.
Feb. 26 113
Feb. 29 8* Jan.

2 101
1

Jan.

Jan.
Jan.

Jan.

6

7

27

8%
73%
9%
13%
43%

Jan.

Feb.
Feb.

86% Feb.
8% Feb.
17% Feb.

4
Jan
Feb. 13
Feb. 21
Jan.
6
Jan.
3
96
Feb. 31
21% Feb. 29
173% Jan. 31
148% Jan. 29

Jan.

15
13
9

5

3
3

110%
21%
56%
56%
22%

59% Jan.
5% Feb.

Feb.

4

208

3
1

6%
23%
12%
12%

8

6%
6%
25%
15%
12%

2

24

Feb.

Jan.

3

20
3
4
Jan. 11
25
15
16% Feb. 19
Feb. 27
30 107
5

Feb.

6

97

20% Jan.
16% Jan.
12%
124% Jan.
17% Jan.
116% Jan.

23

Jan.

5

%

18

10

Feb.

80,y

1

37

3 % Feb.
20% Feb.

Sale

Jan.

41

2

24
20

17 110

9
11% Feb.
38% Feb. 20

24

Sale

Jan.
Jan.

40

108% Jan.
71% Feb.
11% Jan.

4

10
12
26
16

Feb.

88

38

Jan.

42

Sale

22%
Sale
9%

24
83

10

101

Sale

Sale

Jan.

40% Feb.
3 % Jan.
9% Jan.

23
15

1 % Feb. 28
2
10% Feb.
5
5% Feb.
1
55% Feb.

21%
7%
8%

39

Feb.

Sale

25

Feb.
Feb. 29
Jan. 22
Jan. 15
12% Jan.

21%
7%
63%
8%

119

26

33% Sale

7
12

Jan.

144

10

Feb.

Sale
11%

3
10

19
26

11

-----

36
Sale

19

10% Jan.
93% Feb.
19% Feb.
170
Jan.

Feb,
63% Feb.

20

22% Sale
34%
35%
37%
38

15

19

42% Feb.

Sale

3%
24%
14%

23
2

Jan.

22

Sale

3%

Sale

Jan.

Jan.

Sale

Sale

Feb.

6

23
13

55

7
24

Sale

30 114

25

Jan.

5
47%
46% Feb.
15%
14%
13% Feb. 26
1 134
135 % 130% Feb.
6 152
Feb.
152% 151
Sale
6
Feb. 26
7%
7% Feb. 28
6
Sale
3%
3% Feb.
Sale
t/15% Feb. 15 19%
1%
Sale
% Feb. 14
7
Feb. 26
Sale
% Feb. 13

102

Jan

15

6

Sale

7%

23
30

Feb.

10% Feb. 29
11% Feb. 28

1
42

17

1

20

100

4

Jan.
Feb.
Feb.
Jan.
Jan.
Jan.

1

Jan.

18% Feb. 16
Feb. 26

Jan.

Jan.

Jan.

14

24% Jan.

92%
18%
14%
10%
16%
110%
109]
53

6

5% Feb. 24

33

16

7% Feb. 15
22% Jan.
3
16% Feb. 15

24 167

26% Jan.

Sale

12%

Jah.

8

Sale
Sale

165

Feb.

59% Feb. 29
5% Feb. 29

Feb.

2
Jan.
Feb. 20
Jan. 13
Jan. 16
2
Jan.

140

30
55
Feb. 23 120

119

6%
18%
13%
11%
22%

19

Feb.

Feb. 27 144

140

12%
12%

3%
3%
10% Sale
30% Sale
22% Sale
21% Sale
8
7%

n87"

Sale

9
7% Feb.
6% Feb. 24
5
20% Feb, 23
18% Feb.
13% Feb. 15 13% Feb. 10
7
104% Feb. 26 106% Feb.
Feb.
7
5
7
5
Feb.
9
15% Feb. 28 17% Feb.

23

21% Sale
35
36

Sale

6%

1%
43 %
21%
1%
10%
5}
55 % Sale
89% Sale
3

20%

55
119
115
60% Sale
5% Sale

47% Sale
13% Sale
130% Sale
152
151
6% Sale
7%
7%
3% Sale
17% Sale
7

Sale

51

Sale

34

13%

4%
12%

5

nm

16%

Sale

28

Feb.

Feb. 15
Feb.
2
Feb. 15
Feb.
3
Feb.
9
165
Feb.
2
18% Feb. 16
7%
20%
16%
13%
24%

7
Feb.
31%
32% 29
5
212% Feb.
214% 214% 216
Sale
110% 112% 110% Feb. 26
21% Feb. 29
21% Sale
21% Sale
8
56% Feb.
56%
57% 57% 58
2
57
57% 56% F.eb.
56% Sale
9
Sale
23
Sale
26% Feb.
24% Feb.
24%
24%
1
Sale
Feb.
90% Feb. 20
90% 89
89
89%
Feb.
9
9
24
Sale
Sale
8
Feb.
8%
8%
Feb. 24 112% Feb. 15
110% 111% 110% 111% Ill
8 34% Feb. 14
33% Sale
33% Feb.
33% Sale
9
1
4% Feb.
4%
4% Feb.
4%
4% Sale
42
44% 40% 42% 41 % Feb. 24 42% Feb. 15

21

37
Sale

Feb.

29

27%

25

118%
23% Sale"

1

17X Feb.
95

24

%

13% Sale

Feb.

9% Feb.

10
25

118

54

%

%
1%
'%

Feb. 20

if*

7% Sale

54

51

Highest
Sale Prices

6 113% Feb. 24
109% Feb.
Sale
6% Feb.
5
5% Feb. 23
6
Feb.
3
6%
6% Feb. 13
Sale
1
23% Feb.
25% Feb. 21
13
Feb.
9
Feb.
9
13% 13
Sale
5
11% Feb. 15
10% Feb.
95
93% Feb. 26 95% Feb. 14
Sale
7
21% Feb. 29
19% Feb.
Sale
Feb. 29 173
Feb.
7
xl71
146% 144% Feb. 27 148% Feb.
Sale
3
24% Feb.
21% Feb.
Sale
8% Feb.
7% Feb. 29
Sale
Feb.
1
69% Feb.
Sale
Feb.
1
9% Feb.
Sale
Feb. 27
13% Feb.
Sale
Feb.
5
40
43% Feb. 23
Sale
Feb. 15
40% Feb. 10 43
Sale
1
5% Feb. 29
3% Feb.

Sale

4

5
3%
7
5%
112% 115

Sale

85

10

7%

42
40%
98% 100
7% Sale

-.100
10

Utah Cons Mines..

Patino Mines & Ent Cons

6%

18%
14%
11%
23%

Sale
44% 43
jSale_ —16% -Safe.. .15.K
Sale
18
17
17
16%
Sale
Sale
31
32
31
Sale
32% 32
31%
32%
43

Lowest

Sale Prices

Sale

90

40%

Sale Prices
5
6% Feb.

165

18%
99%
19%
15%

110% 113%
2112

Rights
Pan Amer Pet & Trans

Sale
Sale
Sale
Sale
170

18%

Highest
Sale Prices

Lowest

Ask
Sale

14%
15% Sale
11% 11% Sale
10%
16% Sale 216% Sale

94

Sale

24,300
Parke Davis & Co
*
16,100
Parker Rust Proof Co
2.50
23,100
Parmelee Transportation Co.*
2,600
Pathe Film Corp
1
89,300

100
700

conv

Telep & Tel eg
6 % preferred
Pacific Tin Consol Corp
16,700
Pacific Western Oil

52,100

2,300

32%

Sale

100

68,900

Sale

*

10

500

"Bale

Sale

30,300
Pacific Lighting Corp
14,500
630
350

1,400

50%

Otis Steel

13
Sale

Sale

23
85

Sale

13,800

59,200
6,900
3,400
21,700
7,100
7,100
2,000

6% preferred-.-.,

9%

*

Otis Elevator

$5.50

Sale

Sale

50

Preferred

Sale

Sale

50

Northern Central

Sale

41
40%
110
111%

-.10

It*

170

95

A*

Sale

66% Sale
8% Sale
13%
13

83

78

Sale

14%
12%
24%
163%
17%

21% Sale

2d preferred
*
Pacific Finance Corp (Calif). 10
2,200
Pacific Gas & Electric
...25

90

200

II

6% Sale
20

Sale
Sale

47

990

8,300

5,100

9

U°A

Ask Bid

Bid

27
Sale

111%

29,300
Pacific Amer Fisheries Inc.—5
30,400

240

13,300
6,900
3,600

25%

*8"
72

Ohio Oil Co

90

100

Sale

144

1

;

96
Sale

20

(The)....
73,700
Oliver Farm Equipment
*
13,400
Omnibus Corp (The)
6
8,900
8% pref series A__
100
1,070
1.500 Oppenheim Collins & Co....*

3,100

400

l\H

166% 172

-

1,000

79,900
190,900
571,700
1,600
1,900
1.500

sJP

Northern Pacific.
-.100
62,300
North States Pow Co $5 pref.*
2,100
Northwestern Telegraph
50
1,130
Nor walk Tire & Rubber
*

510

6,700

19%
15% Sale
12% Sale
16 % Sale
115 h 116%

132,100
Preferred 6% series—
50
4,400
Preferred 5%,% series
50
7,200
North American Aviation...-1
176,500

600

250

Preferred

North American Co

28,600

800

16

94%
19%

JN Y Ontario & Western. .100

500

13,500
8,300

15

91

N Y Lack & West Ry Co.. 100
100
13,100 JN Y N fl & Hartford
Convertible preferred
100
14,600
2,700
1" Y Shipbuilding pt stock—-1
66,800
7% preferred--100
1,330
2,000 Noblitt-Sparks Indus Inc—
Norfolk & Western..
1
6,000

230

650

15
13 % Sale
22 % Sale
172
165

"""766

13,300

10,900
5,500

22%
15%

---100

5% preferred--

100

2,800
5,200
1,500
38,500

Sale

Newport Industries Inc—-—1
New York Air Brake
*
New York Central
*
N Y Chicago & St Louisa—100
6% preferred series A-..-100
N Y City Omnibus Corp.:
*
New York Dock--—-----100

500

"""490

Ask

Bid

Cylinder Gas Co—1
Dairy Prod Corp---*
7% preferred class A-.—100
7% preferred class B—--100 113
6%
National Dept Stores..
_*
6
6% preferred
10
24% Sale
National Distillers Products-.*
1-3 %
Nat Enamel & Stamping
12%
*
Sale
National Gypsum Co
1

26,300 National Steel
26,500 National Supply

15,600
1,600

26,300
3,100
113,700

Bond & Share

1,020
8,200
5,600
39,600
2,000
40,500
$4.50 conv preferred—---*
1,000
-10
53,100 National Lead
7% preferred A—
100
1,300
6% preferred B
——100
830
14,900 Nat Mall & Steel Cast Co----*
-*
40,100 National Power & Light

700

4,100

-5
-10

National Aviation Corp
National Biscuit

Feb. 29

Feb. 1

800
7% preferred
--100
4,900 Nat Bond & Investment Co__*
1,100
5% pref series A.------100

500

400
200
200
60

1940

Nash-Kelvinator Corp
--5
Nashville Chatt & St Louis_100
National Acme
1

National
National
National
National

1

Jan. 2

exchange
Par

139,600
2,600
20,700
17,100
68,000

RANGE SINCE JAN.

PRICES IN FEBRLARY

Price

STOCKS

In

37

EXCHANGE—STOCKS

fe%

Jan.

N. Y. STOCK

EXCHANGE—STOCKS
PRICES IN FEBRUARY

Price

STOCKS

Jan. 2

N. Y. STOCK EXCHANGE

1940

5

"¥
17
7

5% conv pref series A—100
Phillips Jones Corp
*
Preferred
100

1

-*
5

Phillips Petroleum.
Phoenix Hosiery..—
-

2

10

Philip Morris & Co—

100

Preferred....

Pierce Oil 8% conv

pref

100

Ask

Sale

140
135
3%
o P*
30
25%

41 %

2%
43 %
8

Sale

424H
Sale
Sale

Pillsbury Flour Mills
25
49 %
46
Pirelli Co of Italy Am shares.
100
5 % Sale
Pittsburgh Coal (of Pa)
100
6% preferred
100 24% Sale
8% Sale
Pitts Coke & Iron Corp
*
70M Sale
$5 conv preferred
*
Pitts Ft Wayne & Chicago—
171
7 % guaranteed pref. .... 100 167
8% Sale
Pittsburgh Screw & Bolt----*
to h
ii%
Pittsburgh Steel Co
*
40
31
7% preferred class B
100
18
19
5% preferred class A
100
29
32 %
5% % 1st ser conv pr pf. .100
15 % Sale
Pittsb & West Virginia
100
Pitts Y & Ash By Co 7% pf-100 146%
Pitts C C & St L RR Co

3
1

13
1

1
1

2

"T
5

5

20

Pond Creek Pocahontas Co..*

4

7
4
16
1

17
1

15
1

12%
Poor & Co class B.
,*
12%
tPorto Rican Amer Tob cl A. *
1%
Class B—................*
%
Pressed Steel Car common—1
14%
5% conv 1st preferred.-...5
14%
5% conv 2d preferred
50 43%
Procter & Gamble—
*
55%
Preferred 5%
100 118%
Pub Serv Corp of N J com.. _ *
40 %
$5 preferred
* 112
6% preferred
.100 125
7% preferred
100 141
8% preferred
100 161

Sale

90%
4

4%

34

*38% Sale
4% Sale
55% Sale
8% Sale
26% Sale

38

49

45

8

Sale

72

172% 175
6% Sale
9% Sale
25

33
Sale

17%
26% Sale
Sale

12

13 %

Sale
Sale

14%
44%
Sale

Sale
Sale
112%
125%
143
Sale

Lowest

Highest
Sale Prices

5

58

A*
62

8%
26%

9%
28%

Feb.

2

4% Feb.

6

Feb.

1

37% Feb.
Feb.

90

Bf4
218

49%

9

37% Feb. 27
Jan.
6
3

Feb.

1
2

1

Feb.

28

Feb.

10

22% Sale
7% Sale

22% Feb.

27
29
5
16

*69% Feb.

.

30%

31

17

18

28%
22%
12% Sale

30
17

Feb.
Feb.

10

Jan.

Feb.

4% Feb.

72

Jan.

1

Feb.

173% 174% 173% Feb.
6% Feb.
6% Sale
10%
9% Feb
9%

Jan.

27

Feb.

Feb.

Highest

14

st*
66

Feb.

8%
27%
49%
107%
5%
23%
7%

19
9
8

44

Jan.

5

66

1

8
26

Jan.

2

21

Jan.

22

48

Jan.

4

8% Feb
27% Jan
49% Jan

Feb.

13

Feb.
Feb.

10
29

Feb.

6

Feb.

2
1

14
9

<

1

Feb

41% Jan
6% Feb

Feb.

Feb.

7
23

06%

34

Feb.

14 173% Feb.
19
7% Feb.

72

4%
30

10% Feb.
33% Feb.

8

Feb

107% Feb. 10 110
4% Feb. 27
5%
Jan. 29
21
27%
Feb.
7
5
8%
*69% Feb. 16 72%
Jan.

171

Jan
Jan
Jan

Jan

Jan

5 173% Feb
19
8% Jan

6% Feb.
9% Jan. 20

Jan

11

Jan.

18

Feb.
Feb.

9
13

16% Jan.

15

34% Jan
19% Jan

24

Jan.

18

32

9

12

Feb.

5

15% Jan

%
20%
12%
10%
%

Feb.

"ii

%Jan
22% Feb

26% Feb.

1

19
32

12

Feb.

5

14% Feb.

%
20%
12%
10%
%
%
11%
11%

Feb. "14

.9

30

Sale

20% 21
14%
12%
10% Sale
1

¥»

Sale

%
21%
12%
10%
2%

Sale
14
Sale
Sale

Sale

%
Sale

u%

12

36 %

11% Sale
12

ii»

36%
68% Sale
113% Sale
40% Sale X41% Sale
111% 112
111% 111%
125%
124% 125% 124
142
143
141
142%
Sale

Sale

113

Sale

162

Sale

162

2
Feb.
Feb. 27
5
Feb.
2
Feb.
6
Feb.
5
Feb.
Feb. 24

"""% Feb.""I
22%
12%
11%
2%
%

Feb.
9
Feb. 27

Feb. 13
Feb. 27
Feb. 27

13

Feb.

9

12

Feb.

20

Feb.

13

Jan.
Jan.
Feb.
Jan.
% Jan.
11% Jan.
11% Jan.
Jan

36
1
68
Feb.
69%
112% Feb. 16 114
1
40% Feb.
42%
110% Feb. 21 111%
124
Feb. 20 125%

Feb.

143

160% Feb.

9 143
6 163

Feb.-

Feb.
Feb.

6

27
6

Feb.

6

Feb.
Feb.

27

9

Feb

2
13
5
12

16

15

Jan

12 % Jan
Feb

23

18

% Feb
14% Jan
14% Jan

16

42

15

Jan

2
69% Feb
Jan.
Feb. 16 118% Jan
Jan. 18 42% Feb
Feb. 21 115% Jan
124
Feb. 20 *127% Jan
9 143
Feb
141% Jan.
6 164
Jan
160% Feb.

65%
112%
39%
110%

Public~Sarv4ce Elec & Gas—
~
*
*
.....—*

$5 preferred
41
25
2
13

69,

"8"
30

3,
3,

':
1,
2,

Pullman Go

-

Pure Oil

6% preferred
100
5% conv preferred
100
Purity Bakeries.—
*
Quaker State Oil Rfg Corp-.10
Radio Corp of America
*
$5 preferred B
*
$3.50 conv 1st pref
*

{Radio-Keith-Orpheum Corp.*
Raybestos-Manhattan
*
Rayonier Inc
1
$2 preferred
25
Reading Co
50
1st preferred...
50
2d preferred
50
Real Silk Hosiery
..5
Preferred
Reis (Robt) & Co 1st
Reliable Stores Corp

Remington-Rand
Preferred w w

60,
7,
54,

2
1

9
3
5

15

1,

16

7,
*

1

33

6

2,

1

1

26

20
3
27
1

5
11
1

25

.

.

5
*
100
100

5
10

100
100

Reynolds Metals Co
5%% conv preferred
Reynolds Spring Co
Reynolds (R J) Tob cl B

*
100

.*

*
{Roan Antelope Cop Mines
1
Ruberoid Co capital stock
*
tRutland RR
preferred
100
—

1V*
23

90

liH
29
81

51%
9%
87%

69
Sale

100%
Sale

Sale

66
1 %

Sale
20%
21%
17% Sale

20
17 %

19%
17%

27% *28
15
Sale
25%
26
25%
22
22
21%
3%
3%
3%
Sale
44
54%
12
12%
16%
7 % Sale
7
12% Sale
12%
9% Sale
10%
49% Sale
55%
64
67
68%
Sale

90

699-8
11%
22%

71%

Sale
84 %

77

53%

37

527%

7%
12%
19%
1%

conv

preferred

*

Sale

Sale

.

Sharon

__*

Steel Corp

$5 conv preferred
_.*
Sharp & Dohme.
Conv preferred series A_. II*
"*
Shattuck (Frank G)__
Sheaffer (W A) Pen Co
II*
Shell Union OU

ioo
-.5
*

_

.

Sale
1 %

._*

III

......

Simonds Saw & Steel Co...

lio
*

Ii 5

Skelly Oil Co..
6% preferred

♦

$6 preferred

lio

Smith (A O) Corp
Smith & Corona Typewr

85% Sale

\lH
53%

Socony Vacuum Oil Co Inc.

lis

South Amer Gold & Plat... ..i
Southeastern Greyhound L. —5
*
South Porto Rico Sugar
.

50

6%
37%
12%
105%
6%
22%
2%
22

20%

Sale
60

67

6%
12
Sale

Sale

%

2*

2%

4

52%

Sale

112

Sale

111

16% Sale
Sale

20%
12% Sale
2% Sale
Sale

25%
144

13

28% Feb. 20

20

16

25% Feb.
21% Feb.
3% Feb.

17

12

Feb.
Feb.

23

7

Feb.

16

12% Feb.
9% Feb.

1

44

5
5

1

2

49% Feb.
68% Feb.

6

1% Feb.
19% Feb.

2

5

Feb.

9
26% Feb.
22% Feb. 10
8
4% Feb.
54
Feb. 28
12% Feb. 20
1
7% Feb.
9
13% Feb.
10% Feb. 15

55% Feb. 29
5
68% Feb.

Feb.

29

Feb.

6

11%
22%
76%
45%
11%

Feb.
Feb.

6

6

27

Feb.

20

Feb. 16
Feb. 28
1
Feb.

82
46

Feb.
.Feb.

26

90

Feb.

2

6% Feb.
40% Feb.

7

12%

47
Sale

46

14%

94

89

Sale

#
,1"

Sale

.19%

Sale

54
Sale
7

12%
1%
Sale

38%
%

Sale

Sale
3

2%

7

Feb.

5

2

16

3
6% Feb.
11% Feb. 21
1
18% Feb.
Feb.

1

36% Feb.
% Feb.
% Feb.

15
7
2

2

2

Feb.

2

4

Feb.

19

1%
21%
89%
76%
13%

15%
92%
8%
41 %

5

84%

Sale

14

Sale

13%
55%
5%
50%
x6%

Sale

13

Feb.

59%
Sale
51

60
Sale
.

7

38
Sale

11%
106% 107

Sale
22

Sale

2%
22%

Sale

23%
20%

19%
103% Sale

18
--

20

102%
112

Sale

112%

10%

Sale

11%
2%
14%

Sale

24

Sale

148

Sale

15%
152

11%
107

6% Sale
21% Sale
2%
2%
23
25 %

108

22%

39

!iH

111

16%
10%

Sale

106

104

15

Sale

1

14%

9%
23%
11%
2%

,

Sale

9
Feb.
5
Feb.
Feb. 28
Feb. 21

23

Feb. 20
3
Feb.
Feb. 13
Feb. 26

7% Feb.

9

Feb.
Feb.

28

19%
1%
38%
%
%
3%

Feb. 29
9
Feb.
Feb. 21
Feb. 17
1
Feb.
9
Feb.

7

Feb.

4

1

27

19

Feb. 17
Feb. 20
1
Feb.
Feb.

23

Feb. 27
Feb. 15
Feb.

13

Feb.
Feb.
Feb.

21

Feb.

23

2
8

Feb. 27

% Feb.
1

60% Jan.
1% Jan.
19% Feb.
16
Jan.
27
Jan.
14% Jan.
25% Feb.
20% Jan.
3% Jan.
40
Jan.
12
Feb.
7
Feb.
11% Jan.
9% Jan.
49% Feb.
68% Jan.

1% Jan.
18% Jan.
79% Jah.

1

3

2

Feb.

19

85

Feb.

8

l6% Feb.

1'

Jan.

88

Jan.

1

36% Feb.
% Jan.
% Jan.
2

Jan.

4

Jan.

44% Jan.
Jan.
Jan.

104

112

Feb.

24

6% Feb.
Feb.
10% Feb.

3
2

.

23

Feb.

2

16

25

9
1

Feb.

19

Feb.
Feb.
Feb.
Feb.

7
20% Feb.
19 103% Feb.
6 118
Feb.

20

Feb.

7
26

Feb.

9

6 112% Feb.
16
Feb.

2
Feb.
11% Feb. 28
1
2% Feb.
14% Feb. 26

22% Feb.
148

22% Feb.
2% Feb.

7
24

Feb.

7

10% Feb.
24% Feb.
12

Feb.

1

Feb.

Feb

23
16
19

Jan

13

Jan

8

Jan

30

13 % Feb
10% Jan

6

55% Feb

22
4

22

23
23

4

23

7

3
19

30
9

Jan

69

1 % Jan
23% Jan

92% Jan
76% Feb
14% Jan
Jan

29

82

Feb

53

Jan

15% Feb
Jan

94

8%
41%
52%
8%
7%

Feb

Jan
Jan

Jan
Jan

Feb

12

20% Jan
1% Feb
Jan

42

% Jan
% Jan
3% Feb
Jan

4

15
50% Feb
2 110% Feb
10 114
Jan
30 116
Feb
15
28% Feb

2

50

6%
36%

10%
.05

5%
21 %
2%
21%
19%
99%

Jan.
Jan.
Jan.

Jan.

% Jan
1 % Jan
Jan

20

2% Jan

l|

87

26

16% Jan

16

15

26

54% Feb
5% Jan

2
24

54

Jan
J an

Jan

13

7% Jan

11

40 % Feb

1

13% Jan
Feb
Jan
Jan

15 108%
19
6%
2
24
8
2%

Jan

19

Feb

25

15

22% Jan
3 103% Jan

21

105

Jan.

15

111

Jan.

23
10

15

Feb.

30 118
Feb
29 112% Jan
7
17% Jan

10

Feb.

26

11% Jan

19% Jan.
11% Feb.

13
28

24% Feb
12% Jan
2% Jan
16% Man

9

9

8
2% Feb.
9
15% Feb.
28% Feb. 23

2 150

31

31

4%

1

Jan

4% Feb
Feb
54

Jan.
Jan.
Feb.
Jan.
Feb.
Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Feb.
Feb.

54%

23 108% Feo.
19
6% Feb.

Jan
Jan

23

15

26

Feb.

Feb

16

26

Feb. 21
1
Feb.
Feb. 21
Feb. 13
6
Feb.

5% Feb.
21% Feb.
2% Feb

5

Feb
Jan

15

Jan.

54% Feb.

106

16

% Jan.
% Feb.

26

50

13

18

54% Feb.
4% Feb.

38

15

66%
1%
21%
19%
28%
16%
26%

113% Jan.
19% Jan.
11% Jan. 23
13% Jan
3
Feb
72
Jan.
77
8
% Jan.
% Jan
4% Jan. 11
7% Feb
Jan
46% Feb. 16 49
112% Feb. 10 115% Jan
109
Feb. 27 109
Feb

8

5%
51%
7%
40%
11%

2
8

6% Jan. 18
2
39% Jan.
52% Jan. 29
7
Feb. 16
6% Jan. 20
10% Jan. 25
18% Jan. 15

14% Feb.

2

3

6
11% Feb.
6
22% Feb.
76% Feb. 16
45% Feb. 28
3
9% Jan.

1

Feb.

18% Feb.

Jan.

65

26

19%
103
102%,
118
105%
112% 111%
15
15%
10
10%
Sale
21%

14% Sale
26% Sale
149% 150

17

11744-Jan....J, 148—-Jan
5
25% Feb.
32% Jan
7
8% Feb.
9% Jan
2
85
Feb.
89
Feb
Jan
77% Feb. 13 79
14% Jan. 19
15% Feb
14 % Feb. 29
15% Feb
6
5% Jan.
6% Jan

1%
80%
13%
12%

Sale

Sale

Feb.

12

27 109

Feb. 26
8
Feb.
1
Feb.
1
Feb.
Feb. 26

Sale

Sale

.

% Feb.

Sale

13%

»«

Feb.

109

%
18%
1 %
82 %
13%

Sale

IVA

109

% Sale
% Sale

Sale

18%

8

86

Sale

i'4

7

2%

24

Feb.

6*

6%

24

Feb.
Feb.

70

Sale

4

37%

Sale

17

Sale

18%
1%
83%
15%

1

Feb. 21
1
Feb.
Feb. 23
5
Feb.

27
15

19%

1
47% Feb.
48% Sale"
50%
Sale
1 110%
106% Feb.
110% Sale
Sale
112% Feb. 19 113%
112% 114
Sale
115
115% 113% Feb. 10 116
Sale
1
23% Feb.
27% Sale
28%
Sale
Sale
1
12% Feb.
13%
76%
74% Feb. 27 77
75%
Sale
1
% Sale
% Feb.
%
Sale
6
Sale
3
5% Feb.
7%
Sale
*46
Sale
47
46% Feb. 16 47%
Sale
112% 113% 113
112% Feb. 10 114

Sale

107%

Feb.

6

66%
1%
21%
18%

Sale

Sale

47%
106%
113%
114%
23%
12%
75%

16

Sale

Sale
38

8

Feb.

89

78% Feb. 29
15% Feb.
9
15% Feb.
3

87
75

83%

Sale

16

Feb.

3

29% Feb.
9
8% Feb. 23

Sale

81

55

62% Feb.
1% Feb.

Feh^_28

118

1%
20%

23

10%

Sale
Sale

99%

_.

ioo

Sale

Sale

._*

Snider Packing....

Sale

19%

100

Sloss-Sheffield Steel & Iron. 100

7%
13
Sale
Sale

108

♦

100

Servel Inc

40.

Sale

13

82%
52%

Sale

7%
6%

Sale
55

26

11% Sale
94
87%
6%
6%

T'

26%
Sale

IVA
26

_*

{Seaboard Air line
4-2% preferred
Seaboard Oil Co of Del
Seagrave Corp (The)
Sears, Roebuck & Co

8% preferred

114

15%

15%

86

Sale

Sale

27

Sale

55
Sale

19
1

75

Sale

Sal*

7%

100%
Sale

Sale

39%

12

62%
1%

1%
19%

—10
41% Sale
Sale
100
6% preferred.
100
%
2
{St Louis Southwestern
100
2%
4
5% preferred
100
5%
Sale
Safeway Stores.
*
47
Sale
5% preferred..
100 104
6% preferred
100 112% Sale
Sale
7% preferred
.-100 114
Savage Arras Corp.
*
20% Sale
Schenley Distillers Corp
Sale
5
72
5%% preferred
100
70
{Schulte Retail Stores
1
% Sale
8% preferred—
.100
6%
4%
Scott Paper
*
48% Sale

Simms Petroleum




64

Joseph Lead.

Simmons Co

For

9

75

{St Louis-San Francisco

6

14,
93,
12,
2,
11,

J*

10% Sale
51%
54

1

10
10

Common.
Richfield Oil Corp
Ritter Dental Mrg..

Conv preferred
Silver King Coalition

5,

23

12 %

...

9

2

27

12

7% preferred
5%% preferred.....

$4.50

11

21%
3%

10
.1

$4 preferred
132

16 %
25

16%

Class A

st

18% Sale
28%
Sale

28

13
8

....

9,

100%
60% Sale
1% Sale
10%
20%

38

tReo Motor Car
Republic Steel Corp
6% conv preferred
6 % conv prior pf ser A
Revere Copper & Brass

3,

75

100

Rensselaer & Sara RR Co.. 100

19,
109,
1,
2,
11.

Sale
8% Sale

pref.. 100
*

Reliance Mfg Co

12,
3,

rmttim 114"%—149—14-744- -Feb-.—2
5
26% Sale
Y6% Sale
25% Feb.
7
8% Feb.
8% Sale
8% Sale
Feb.
2
85
85
87
87
88
89%
92%
77% Feb. 13
77% 77% 78.% Sale
77%
78%
15% Sale
14% Sale *14% Feb. 15
14% Sale
15
15%
14% Feb. 29
14
15
14% Sale
6
Sale
5 % Sale
5% Feb. 28
5% Sale

31 %

19

2

1

Sale Prices
95% Feb. 28
Jan
23 136
Feb
31

Feb.
Feb.
Feb.

Sale

70

95% Feb. 28

136
30

110

"5%

Lowest
Sale Prices
88% Jan. 15

147

147

$

Sale'

49
Sale

48

107% 111*
4% Sale
22
23%

7%

148
Sale

6%

Sale

30

%

Sale

95%
140

140

134

"1

Pittston Co (The).
Plymouth Oil.

Ask
Sale

Ask Bid

Bid

Sale Prices

Feb. 29

Feb. 1
Par Bid
90 %

RANOE SINCE JAN.

Jan,

19

14% Feb. 26
22% Jan. 16 28%|Feb
6 150
144% Jan.
Feb

march, 1940]

n. y. stock

.

39

exchange—stocks

AGGREGATE

SALES
Since

February

Jan. 1

Shares

Shares

13,900
50,400
22,900
18,900
100

~L406
28,600
6,800
530

53,600
30,000
66,000
1,300
6,500
5,800

7,500
16,400
326,600
5,700

6,400

"47000
2.400

800

11,600

63,100

7 prior preferred

113,000
80,600
149,200
2,900
14,100
14,000
24,800
49,900
500.300

,

5,200

11,800
800

770

18,500
1,400
18,900

6,100
2,400
31,300
3,100
11,100
7,200
12,900

43,200
800

9,600
600

1,900
200

14,000
1,300
1,300

2,800
5,000
56,100

36,700
290

8,200
8,100
2,300
8,100
55,800
75,900

3,900

1,500
650

2,100
8,100
110

1,100
200

4,400

1,500
4,900
200

6,200
700

7,500
68,300
7,900
3,100
2,400

50
5

Telautograph Corp
Tennessee

Texas

-5
—25

Corp
Corp (The)

17

Sale

34 H
37

Sale

29?*

Sale

2)4

Sale

7

75*

65

22)4

21H

Sale
Sale

100
1

30,000 Thermoid Co
1,350

$3 dividend conv pref—-10

100

27,100 Third Avenue
2,400 Thompson (J R)
29,990 Thompson Products
16,600 Thompson Starrett
9,900
52,100
4,600
38,000
16,300
27,500
95,600
1,900
31,200
1,100
4,400

25
*
*

Preferred

-

33 X

Sale

Sale

Sale

Sale

6

101)4 103X
2X
2%
654 Sale

$4.50

conv

Timken Roller Bear

$1.50 preferred
4,200
3,400 Twin City Rapid
820

*
*
100
1

Preferred

62,700 Twin Coach Co

11.200 JUlen & Co
*
10,500 Underwood Elliott Fisher—♦
177,40()|Union Bag & Paper
*
77 400 Union Carbide & Carbon
*
2 220 Union Elec Co of Mo $5 pref,,*
20i300|Union Oil, California
-25
18,800'Union Pacific
-—100
4% preferred
100
5,500

192

1001

'—

Sale

28

80

Sale

77 34

8)4

Sale

5

Sale

7%
6)4
10X
10)4

11 J*
954
56)4
122

Sale
Sale
58

122)4

9X

Sale

27 X

Sale

2)4
16)*
295*

Sale

7

17
Sale

8X

22X

Sale

32

Sale

8% Sale
ex
7x
5)4
34)4

Sale
Sale

4)4
65*

Sale

44 5*

Sale

52,000

3,300
980

Sale
Sale
8

Sale

78

4?*
9)4
12X
24)4
2X
24?*
10)4

Sale

i\x

Sale

Sale

J8/8

28

Sale

100
*

United Drug Inc
United Dyewood

5
10

Preferred

800 U S Distributing Corp
U S Freight

4,500
18,700 U S Gypsum Co,
7% preferred
380

3,200 U S Hoffman Mach

5X% conv preferred

15,600 U S Industrial Alchol
4,900 U S Leather
Class A
Prior preferred

16,000 U S Pipe & Foundry
1,900 U S Playing Card
19,800 1U S Realty & Impt

177,200 U S Rubber
8% 1st preferred
18,600
5,600 U S Smelt Ref & Mining
Preferred

For footnotes see page 40.




Feb.

28

33 X Feb.

28

29?* Jan.

26

7

Sale

33X

107)4 108
15* Sale
Sale

2
29X Feb.
6?*, Feb. 27

107

24

9

25X
42 5*
28X
76X
754

Feb.
Feb.
Jan.
Feb.
Jan.

29

2454 Feb.
27X Feb.
44)4 Feb.

15

Feb.

17

27

80X Feb. 27
8)4 Feb. 15
8
6?* Feb.

Feb.

24

11 •

Sale

10

11)4 Sale

2

Feb.

10
Feb.
1
1254
2
59)4 Feb.
6354
124 \ .12234 Feb.
1 124
10)4 zlOX Sale xlOX Feb. 29 10)4
Sale
Sale
24
23
Feb.
2
24X
Sale
Feb.
2
1
2)4 Sale
2)4
Sale
Sale
15
13 X Feb.
1
16X
Sale
x34X Sale
28X Feb. 19 3554
7
7
34
7)4
7)4
6)4 Feb.
Sale
1
x22X Sale
22)4 Feb.
2354
32
31X Sale
31X Feb. 19 31X
Sale

40

23 X Feb.

24

10

5X
5X
37)4

1

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Sale

7)*
6
5X

19

9

Sale

59 34
59)4
Sale
123

Jan.

iex Fgb.

Sale

Sale

19

29

34 Sale

80

7)4 Feb.
5X Feb.

5

5

Feb.

2

36

Feb.

5

9

Feb. 21
Feb. 20
Feb.

13

Feb. 28
9
Feb.
3
Feb.
9
Feb.
Feb. 28

4

92

X

2154
473*
5)4
14)4
7

2X
78

454
8)4
11X
24)4
2X
26)4
10X

94
Sale
Sale
Sale
Sale
7%
Sale
85

4)4
9)4
Sale
25
234
Sale
Sale

4

1
5
1

11234 113
16)4 Sale
94

Sale

86)4
2454
47 X
15X
15)4

Sale

113

54)4
17

2)4
39)4
5

4)4

34
85 X

Sale

*

14)4

Sale

4)4

181

Sale

50

30

31

*

24

Sale

654
11
65

654
Sale
70 X

36

Sale

34

Sale

IX

Sale

10

40 X

Sale

100
50

112X

Sale

,.50

68 X

62

Sale

70

1

11
7

3
2)4 Jan.
3
1754 Jan.
3554 Feb. 28
7

Jan.

11

2354 Feb. 15
32X Jan. 25

95*"-Jan.

3

37?* Feb.

10

34X Jan.

2

7X Jan.
5)4 Jan.
37?* Feb.

10

2

12

Feb.

8

11

Feb.

23

17

Feb.

1

13

18
Sale

22)4 Sale
48)4 Sale
5X Sale
15)4 Sale
8
7X
2X Sale
83
78)4
4)4 Sale
9
9X
11X Sale
23 X
24.X
2)4
2X
27 X
26
11X Sale

6
8
2

1

25* Feb.

5

Feb.

27

30X Feb.

1

2

Feb.

2

18

Feb.

21

10

Feb.

1

91

Feb.

26

2154
4754
5)4
14 X
7)4
2)4
77)4
4X

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

16

Feb.

13

1

2
6

1
8
2

4

25
Sale

IX

Sale

Sale

16

Feb.
Feb.
Feb.
Feb.

16

34

Jan.

16

20

3)4 Jan.
265* Jan.
25* Feb.

16

16
Sale

56
18
Sale
Sale

Sale

5

59)4
4%
34)4

15x8
116

57)4
1854
2)4
40)4
5)4
45*
62

4X

16)4
119
Sale

1934
Sale
Sale

Sale

Feb.

13

Jan.

2

21
9

27 X Jan.

15

Jan.

15

Feb,
Feb.
Feb.
Feb.
Feb.
Feb.

5

16 3* Jan.
10
Feb.

13

23

6

7

91

9

20X
46X
5X
12 54

22X
10?*
93X
22X
50?*
5?*
165*
7?*
2X
78X
5

15

19
2

Feb. 19
9
Feb.
Feb. 10
Feb. 23
Feb.

27

954 Feb.

21

6

12 X Feb.

19

27
17
1

24)4 Feb.
2X Feb.
27X Feb.

13

Feb.
Feb.

10

Feb.

6

13

Feb.

91

7I

5

65
Sale

4

3

Feb.

27

6)4

8)4
8654
179

4)4

6)4
845*
8)4
8)4
Sale

Sale
Sale
31

21^8
5)4
9)4
65

36)4
35)4
1)4
35)4
110)4
eix
69)4

Sale

5%
Sale
Sale
Sale

35)4

6

86)4
8
9

82 X

174

454
30

ex
Sale
10

9)4
Sale

180
5

325*
Sale

2154
5X
9)4
60 X
37)4

Sale

36

Sale

Sale
Sale

63)4

IX
35X

Sale

Sale

Sale

113?*

Sale

Sale

Sale

Sale

62

Sale

Sale

65)4

Sale

3

95

Jan.

24

Jan.
Jan.
Jan.

13

24X Jan.

3

19

52

Jan.

23

Jan.

15

Jan,

19

6
11X Feb.
235* Feb. 27
2X Jan. 26

654
165*
83*
25*
7954
5X
954
13)*
253*
254

Jan.
Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
Jan.

24

7

2 54 Feb.

2

77 X Feb.

16

4X Feb.

13

Feb.

16

9

3
9

19

3
4

10
4

21
4

23
4

Jan.

15

28

Jan.

30

9X Jan.

15

13

Feb.

21

IX Jan.

11

1

Jan.

2

39X
1254
78X
11254

Jan.
Jan.
Feb.

16

45

15

14)4 Jan.
8854 Jan.

Feb.

Jan.
3 115
16
17X Jan.

3

Feb.

19
8
4

12

8

16

Jan.

Jan.

15

29

97X Jan.
89X Feb.

10

3

27

19

11

27

Feb.

19

9
49X Feb.
1654 Feb. 20
16X Feb. 13

4354 Jan.
14 54 Jan.
1554 Jan.

15

49X Feb.
16)4 Jan.
16)4 Feb.

13

16

2 119
5

1
1

13

Feb.

17

4)4 Feb.

29

5?* Feb. 23
7
83X Feb.
8

Feb.

9

Feb.

6

81X Feb.

28

Feb.

Feb.

23

57X Feb.

29

Feb.

21

2X Feb.

9

19

8

5454 Feb.
17 X Jan.
2 54 Jan. 31

8
2

9
6)4 Feb.
86X Feb. 29
954 Feb. 21

10

Feb.

16

1
8654 Feb.
Feb. 21
6
4)4 Feb.

Feb.

28

Feb.

24

2254 Feb.

9

5X Feb.
9X Feb.

26

Feb.

26

Feb.

9

105* Feb.

9

65

1

6

1

x37X
36X
1
154
6
38X
2 1135*
5

Feb.

Feb. 28
Feb. 28
9
Feb.
9
Feb.
Feb. 29

33

Jan.

35

Jan.

75

Feb. 27

135*
11554
1054
45*

18

5?* Feb. 23
80

Jan.

3

7)4
86X
954
1054

3
Jan.
Feb. 29
Feb. 21
3
Jan.

89

Jan.

8 181

Jan.

15

7X Jan. 25
8)4 Jan. 23
81X Feb. 28
177

13

3
85X Jan.
15
Jan.
6
Feb. 29
7 117 X Feb. 24
Feb.
5
1354 Jan.
Jan. 13
5
8
Feb.
5)4 Jan.

Feb.

1

25
11

4X Feb.
29X Feb.

13

31

21

Feb.

24

26 3* Jan.

5

5X Feb.
9)4 Jan.

26

6?* Jan.

10

63

Feb.

35X Jan.
34
Jan.
1 X Jan.

34?* Jan.
109

Jan.
Jan.

18

5X Jan.

11

26

70X
38)4
36)4
2
15*
29
4154
15 1135*
18
2

Feb.

6

61

69X Feb.

1

64X Feb. 29

64

3

4X Jan. 11
5654 Jan. 10
454 Feb. 29

2

3

4

21

Feb.

15

Jan.

Feb.

3

23

Feb. 21
4
Jan.
8
Feb.
3
Jan.

Jan.

5

5

9

5?*
5)4
61X
554

38

61X Feb.
454 Feb.

254 Jan.

4

42

13

31

Feb.
Feb.
Feb.
1
Feb.
Feb. 29

Feb.
31 119
5
605* Jan.
12
19
Feb.

21

13

1

Jan.

2

Feb.

8 179X
1

112

15

55* Feb.

42

29X Feb.

Feb.
Feb.

Jan.

85
Jan.
22 5* Jan.

Feb.

63

3

93

1

36X
35X
154
35X
110)*
61?*
64X

27

11X Jan.

1

19

21

4

Jan.

1

10

Feb.

Feb.
4X Feb.

17

24

2X Feb.
39X Feb.

177

23
21

Feb.

1654 Feb.

Feb. 21
34
Feb. 16 35
34
35)4
2
Sale
75
Feb. 27 82X Feb.
Sale
78
1
Sale
13?* Feb. 29 145* Feb.
13
1454 Sale
7 117X Feb. 24
1155* 11654 112)4 1155* 11554 Feb.
6
11
Feb.
12X Feb. 27
11?*
11)4 Sale
11X
5
554 Feb. 29
4X Feb.
4)4
5)4
5X Sale

8

16
20

89X Feb.

82

83

16
20

96

2

Feb.

-

19

2

5

Feb.

Feb.
Feb.
Feb.
Feb.
Jan.
Feb.
Jan.

1

15?* Feb.
112)4 Feb.
5454 Feb.

4?*

Feb.

4

8

Feb. 23
4
Jan.
9
Jan.
4
Jan.
Feb. 14
8
Jan.
4
Jan.
8
Jan.
8
Jan.
Jan. 29

5

16

13

58

IX Feb.

3 114

Feb.

5

4

34>2 Feb.
254 Feb.

20

16

18

3
12

4?*
6)4
46X
4)4
35)4
854
654
12X
18)4
52X

42X
5)4
33 X
4?*
4X
34 X
2)4

42X
5X
33X
4X
4X

Feb.
Feb.

15

19

Feb.

Feb.

3

21

15)4 Feb.
50X Jan.
3X Jan.

50?* Feb. 28

11X
23?*
2X
26)4

9

2

5

5

Sale

23

Feb.

Feb.

2)4

Eeb. 28

4

6

19

30
4

1

4

6

Sale

4)4

5

42 54 Feb.
3X Jan.
32?* Jan.
7X Feb.
554 Feb.

14

Sale

Sale

25

554 Feb.

14

Feb.

13

Sale

Jan.

21

35 Y2 Feb.

23

42

23

Feb.

1

Feb.
Feb.
Feb.
Feb.
Feb.

Sale

4?* Feb.
654 Feb.
45

21

Feb.

33 X

91

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

11

10)4 Sale

5)4
31X
4X

4)4
554
4254
3)4
34X
7)4
554
15X
50X
3)4
35X
3X

17

*

175

19

2

Sale

815*
8X
1054
85 X

Jan.

5

114

Sale

5

2

13 X Feb.

26

Sale

7)4
9?*
84X

13
20

27 X Jan.

Feb.

80

79

Feb,

10)4 Jan.

2

5

Sale

Sale

8

4
Jan.
3
Jan.
5
Jan.
4
Jan.
3
Jan.
Feb. 15
Jan. 27
5
Jan.
Feb. 21
Feb. 20

7X Jan.
5X Feb.

88

65*

9

13

lly*

Sale

8

21

14X Feb. 16
84)4 Feb. 23

liex

4

2

305* Jan.

45

11X
5X

16

Feb.

9

1

115

2
18

6X Feb.
5X Feb.

2

1

35)4

Jan.
Jan.
Feb.
Jan.
Jan.
Jan.
Jan.

9

9X Jan.

2

1

5

2654
27?*
4654
3354
80?*
8)4
6)4
1254
1254
6354

Jan.

23

15

Feb.

4)4

33?*
7X
10854
254
7)4
18)4
22?*

23 124

8

Feb.

Sale

15

Jan.

Jan.

1

Sale

2

23

122

22

13X Feb.
Sale
78)4 Feb.
113)* 113)4 11254 Feb.
16
Feb.
1654 Sale
93
Feb.
x93 X Sale
87
86X Feb.
85)4
24?* Feb.
26X Sale
47 X Sale
46X Feb.

5

8
31

Feb. 24

2854 Jan.
6X Feb.

42

18)4

23

Jan.

9

16

Sale

Sale

24

56X Jan.

15

Sale

Sale

10

Jan.

Feb.
Feb.

Sale

17X
2)4
3954

5

Feb.

14)4

60

4

19

14

31

2

Jan.

19

1

20
8

Jan.

Jan.

9

Feb.

23

6

103)4
IX
354
10X
13 X

Jan.

1

Feb.

24

60

Jan.

Feb.

6

Sale

16

5

8

Sale

Sale

1

Feb.

2

Sale

Sale

Feb.

13

Sale

31

10im

28

23)4
25)4
42?*
29X
76X
754
5h

25)4
43 X

1

Feb.
Feb.

Sale

30

Feb.

9

2
lh Feb.
4X Feb. 29

24

Sale

5

100
20
10
*

65

Sale

4)4
33)4

*

2

10)4

59

*

Jan.

19

Sale

5

28

2)4
4)4
30X
2)4

29

Sale

*
20
100

3

Feb.

39

5

*
pref, 100

11X Jan.

65

36)4
Sale
30)4
Sale
Sale
Sale
Sale

59

6,900 U S & Foreign Secur Corp..
$6 1st preferred
2,900

1

2

53

/

100
5

x

1

Feb.

44

116

42X Jan.

60

Sale

Sale

29

Sale

10

Sale

15)4

Jan.

23X Feb. 26

x64 34
33

Sale

United Biscuit of American—*

65

16

9

1

Sale

29

Jan.

3

13)4

16 X

Jan.

21

Feb.

42

United Air Lines Transport._5

5

65

47

Sale

Sale

Jan.

3454 Jan.

9

Sale

16)4 Sale

7

,5

Feb.

Sale

1

2

15

IF

39 X

47

*
28'600! United Merch & Mfrs Inc vtc.l
12 400 United Paperboard Co
10

4,200

90X

23X

28,900 United Fruit

500

18)4

Feb.

12

53

Sale

6

Jan.

Sale

Sale

254 Feb. 23

50 X Feb.
9)4 Feb.

16

30X

8

29

51

Sale

4

Jan.

IX Feb.

17

53
4

29

3

39

3

3454 Feb. 28

Sale

Sale

26

3

34X Jan.

52 X Feb.
1054 Feb.

17

3634

Feb.

3

5

Sale

36

2

Jan.

1554 Jan.
20)4 Jan.

5

Sale

Sale

Feb.

30

15

Feb.

14

7)4

6

19

iex Feb. 28
28 X Feb. 26
375* J an. 15

30

11

5X

35

8
22)4 Feb.
43)4 Feb. 28

Feb.
9
Feb.
8
39
Feb. 24
254 Feb. 23

28 X Jan.
12 X Jan.

50X Feb.
9)1 Feb.

50)4
3X
35 X
3)4

*

116,700 United Gas Iinpt Co
Preferred
1,300

9,300

'iff

5

2

9

54
Sale

*77)4
5)4

Feb.

6

Feb.

Sale

17

Sale

Sale

6

2

13X
29 X
ex
22 X
31)4

8

Feb. 20

44)4

50 X

4

5

13,100 United Electric Coal Cos
United Eng & Foundry
4,100

200

3h

10)4
24X

24

29)4
14X
18h
31X

52)4

Sale
Sale
6
ex Sale
Sale x44X Sale
Sale
4
3)4
x34X Sale
Sale
8
7X
Sale
Sale
554
5X
11
Sale
10)4

87 X
Sale

5.70C United Carbon
2,300 United-Carr Fastener Corp— *
*
177,400 United Corp
Preferred
*

49,300

28

122B

Feb.

1)4 Feb.

39

Sale

Sale

1

34

4)4
5%
42)4
3)4
34)4
7)4
5X
11)4

454

Sale

Preferred

70X

Feb.

23 X
Sale

Sale
Sale

Sale

64

25X

Sale

12% Feb.
1
16)* Feb. 28
28)4 Feb. 26

23

Sale

26 X

Highest
Sale Prices

29

ex

15X

95

Union Tank Car
17,200
125,800 United Aircraft Corp—

5

Sale

Sale

Transit

Sale

44)*
33)4

Lowest

Sale Prices

Sale

Sale

Sale

if*

Sale

5
Tran & Williams Steel Forg—*
Tri-Continental Corp
*
6% preferred
*
Truax Traer Coal
*
10
200 Truscon Steel Co
32,800 20th Century Fox Film Corp.*

Sale

4X

24)4
26)4
43)4

Highest
Sale Prices

Sale

40

2

Sale

50 X

2

2

39

13

23 X

Transamerica Corp
Transc & West Air Inc—

Sale

29)4
12)4
16 34
29X

Sale

*

preferred

Timken-Detrolt Axle Co

Sale

Ask

at*
20

10

*

Sale

Sale

—*

—

9)4

Sale

30)4
2 X
17)4
1054
90X

Tide Water Associated Oil--10

30X
Sale

52

10X

Sale

7% preferred

70X
22 34

60

ex
12 54
16)4
50)4
3X
32)4
4?*

990

6

Sale

Sale

Sale

Texas Pacific

5)4

69

Sale

Texas Gulf Producing Co
Gulf Sulphur

Texas

Sale

2

65

34
52 M

Sale

42)4

38

2054
45)4

8X

620

500

5)|% preferred

29)4
12)4

Sale

Sale
Sale

3)4

320

5,100
9,700

-—

Sale

32 X

140

5,700
2,100
14,900
57,700

——25

Ask Bid

14 X
20

39

Lowest
Sale Prices

Feb. 29

1

29X

*

7,500

2,400

100
10c
*
--1
Superior Steel
100
Sutherland Paper Co
-10
Sweets Co of Amer (The)—50

Ask 'Bid

-*

3,700

1,500
48,200
23,300
23,300
1,900

1
-*

Corp

Bid

Coal & Oil
10
Texas Pacific Land Trust—,—
Texas & Pacific,
100
Thatcher Manufacturing
*
$3.60 conv preferred
*
700
—*
2,200 The Fair Co

380

53,800

Studebaker

SymingtonL-Gould .Corp with
stock purchase warrants-—1
Without warrants
1
-9
1,700 Talcott (James) Inc

800

17,100

*
Standard Oil Co. of Ind
25
Standard Oil of New Jersey .25
Starrett Co (The LS)
-*
Sterling Products Inc
--10
Stewart Warner Corp
5
Stokely Bros & Co Inc..——1
Stone & Webster
*
Standard Oil of California

12,600
7,300

6,900
7,100
108,700
18,600
28,300
18,600
14,200
2,500
2,500

1,500

*
*
—*

*

43,900 Swift & Co
13,500 Swift International Ltd

5,400
3,100
56,700
7,800
13,700
5,100

300

*
*

6% preferred
32,000 Sunshine Mining Co
10,600 Superheater Co (The)
19,200 Superior Oil
910

190

1,800

*

12,100 Sun Oil

70

9,100
2,000

certife—.100

4 preferred
6 prior preferred

59,100

600

19,100

Ohio

469,000 Standard Brands
4,700
$4.50 preferred
30,300 Standard Gas & Electric

420

12,100
4,200
8,200
2,000
10,900

-*
100

11,300 Sparks Withington
*
400 Spear & Co
1
10
$5.50 pref
*
3,100 Spencer Kellogg & Sons
*
68,300 Sperry Corp (The) v t c
1
12.4H0 Spicer Mfg Co
*
1,310
$3 conv preferred A
*
45,800 Spiegel Co Inc
—2
Convertible $4.50 preferred *
2,190
16,000 Square D Co class B
1

200

1,700
5,300
6,700
1,200
9,700

Feb.

Mobile &

1

1940

Par

60,000 Southern Railway
5% preferred

46,200
500

RANGE SINCE JAN.

Jan. 2

exchange

38,000 Southern California Edison.-25
100
121,000 Southern Pacific Co

6,100

20,300
1,080
7,700
77,800

n. y. stock

PRICES IN FEBRUARY

Price

STOCKS

In

2

65

Feb.

4

28

Jan.

2

Jan.
Jan.
Feb.
Jan.
Jan.

28

8
4
5

3

Feb. 29
Jan.

4

70 5* Jan.

11

N. Y. STOCK EXCHANGE-STOCKS

40
AGGREGATE
SALES

Price

STOCKS
N. V. STOCK

February

Jan. 1

Share*

Shares

166,300
8,000
4,700

*432,900 United States Steel
19,100
7% preferred
100
*
13,400 U 8 Tobacco
970
7% preferred
25
4,200 United Stockyards Corp
1
Conv preferred (70c)-----*
2,400
5
6,400 United Stores A

1,800
800

2,500

2

234

2

7

A*
Sale

7

69

180

15,800
4,000

"~2~, 400
10

"l",900
2,000
2,500
320
90

300

800
200

700

2,300

100

Preferred

230

37,600 Vanadium Corp of America. .*
5
6,300 Van Raalte Co
410
7% 1st preferred
100
5
5,300 Vick Chemical Co—
30 Vicks Shreve & Pac Ry Co.100
5% preferred
100
5
"6,006 Victor Chemical "Works
*
7,800 Va Caro Chemical
6% preferred
.100
8,400
770 Virginia Elec & Power 6% pref*
Virginia Iron, Coal & Coke 100
""370
5% preferred
— .100
25
1,500 Virginia Ry Co
6% preferred
•
25
2,300
360 Vulcan Detinning
100
7% preferred...
100

1,700 JWabash
Preferred A..
7,000

100
100

160

Preferred B

"4",700

"8",660

3,400

8,500
2,300
30,600
11,300
4,100
2,200
—5;900
4,700
61,600
1,550
7,600

300

16,100
5,000
3,000
400

-178001"
1,400
30,000
,

680

2,600

100
20

1,600
1,900
2,600
2,600

15,000
~

3.500

1,900

300

2,400

18,100
17,000
16,100
140

800

5,700
3,300
10

1,150
26,300

""100
700

13,500
1,700
7,900
400

1,000

1,100
13,200
10,600
18,200
3,500
10

5,800
60,300
7,400
100

1,000
700
410

3,000
1,400
47,600
270

2,800
31,800

13",600
6,600
3,300

16*
33*

7% preferred

100

Warner Bros Pictures

$3.85

5

*
t Warr en Bros
*
Convertible preferred
*
$1 1st preferred
1
Warren Foundry & Pipe
*
Washington Gas Light Co—No
conv

preferred

*

Wesson Oil & Snowdrift
conv

preferred.

55

"36"

1954
Sale

62

45

35
Sale

132

-134

117
5 34

4534
3334
90

1

134
134
634
2134
9434

534
34

si*

2934
334
28
Sale

6 34

4634
3434
Sale

Sale

Sale

234
7
Sale
Sale
Sale
Sale

Sale

Sale

107

Sale

111

Sale

105

Sale

104

115

Sale

2934

30

JI

334
2834

11634

108

Sale

13434
2634
3534
3534

Sale

934

32
95

20
3

134
334
534

54
Sale

2434
Sale
Sale

1

134
134 Sale
134
234
734 Sale
2134
2234
96

534 Sale
34

59




r

8

1634
Sale

-434
2434 Sale
334 Sale
4834
4934
134
134
634
834
334
534
30

29

1634 Jan.
2854 Jan.
3554 Jan.
114 54 Jan.

44

5934 Feb. 28
2934
334
2734
11634

2

Feb.
Feb.

5

Feb.

5

Feb.

434 Sale
2434

'W

69

Sale

10734 109

Feb.

148
67

Jan.

5

Jan.

15

Feb.

13 159

Jan.

22

Jan.

19

9434 Feb.

7

Jan.

6

54 Jan.

12

19

3

Feb.

29

3454 Jan.
3954 Feb.
23 11554 Jan.

3
23
8

Jan.

8

22

15

6

9

28 54 Jan.
3 34 Jan.

43

12
3
12

70

2

23

Feb.

31

Feb.

4534 Feb.
3334 Feb.
9934 Feb.

Feb.

1

Feb.

19

134 Feb.

1

Feb.

2

634 Feb.
2134 Feb.
9434 Feb.

3

534 Feb.

3

1

1
1

1
3334 Feb.
1634 Feb. 16
734 Feb. 20
-134 Feb. 272
2234 Feb.
6
334 Feb.

47

Feb.

134 Feb.

2734
11634
134
534
4434
3134

Jan.
Feb.
Jan.
Jan.
Feb.
Feb.

90

Feb.

46

5934 Feb. 28

1

Jan.

17

Jan.

4

434 .Tan.

4

31
3154 Jan.
29 118
Jan.
12
254 Jan.

4

31

29

6
3
5

23

8

Jan.

23

48

Jan.

27

35

Jan.

4

9934

Feb.

10

1

9

734 Feb. 27
2234 Feb. 17
96
Feb. 29
534 Feb.
9
35
Feb. 17
1634 Feb.
1

834 Feb.
134
2434
434
50

—

2

Feb. U
Feb. 29
Feb. 19
Feb.

21

134 Feb.

16

654 Feb.
2054 Jan.

18

9334 Jan.

31

534 Jan.

19

#
754
134
2134
334
4554
134
634

Jan.'

5

Jhn-.,-..„3.
Jan.

2

Jan.

15

Jan.

13
11

Jan.
Jan.

13
11

Jan.

Jan.

3

Jan.

11

Feb.

1

Jan.

10

Jam

10-

2534 Jan.
434 Feb.
50

Jan.

10
19
3

134 Jan.

3

Jan.

13

11

26
21

2854 Feb.
1954 Jan.

4

Jan.

16

24

Jan.

4

334 Jan.

5

2iH
W

2234 Feb.

2

Feb.

8

22

Feb.

3

434 Feb. 23

2334 Feb.

I

2534 Feb. 20

Feb.
Feb.
Feb.

15

24

3

27
17
4

27

9
7
9

4

15

Feb.
Jan.

Feb.

1834 Feb.

27

Jan.
Jan.

2234
98
654
3534
1654
954

Feb.
Feb.

3034 Feb.
2834 Feb.

21

Feb.

Feb.

3

454 Jan.
Jan.
31

Feb.

17

154 Jan.
234 Jan.

134 Jan.

2734 Feb. 26

68
107

Sale

Ill

70
Feb.
8 109
Feb.
8 11334 Feb.

1

6

2234 Feb.

1

Feb.

6

134

26

Sale

9

14 10434 Feb. 24
7 11654 Feb. 20
Feb.
Feb. 20
1734 Feb. 14
Feb. 14 10334 Feb. 14

Feb.
Feb.
Feb.
Feb.

23

13
27

Feb.

10734 Feb.

5

7

434 Feb. 23

Feb.
Feb.

3934 Feb. 24

1

4

Feb.

5

1

7

Feb.

8

% Feb.

9

2534 Feb.
2654 Feb.

9

2334 Feb.
68

Feb.

105 54 Jan.
Ill
Jan.

1

10234 Feb.
11434 Jan.

14

Jan.

31

16

2734 Jan.

10

10334 Feb. 14
3334 Jan. 13
334 Jan. 13
1
634 Feb.
54 Jan. 31
15

5

7*

1 114
Feb.
27 13534 Feb.

9
9

130

Jan.

15 118
15 138

26

9

26

Jan.

20

3334 Jan.
3554 Jan.

23

2734 Feb.
3834 Feb.
3934 Feb.

13

13

lJ

Feb.

Jan.

4

Jan.

2

Jan.

5

Jan.

Jan.

2954 Jan.
3834 Feb.
3934 Jan.

8

65

Feb.

8

65

Feb.

1

9434 Jan.
2554 Jan.

29

98

Jan.

18

3334 Jan.

6634 Jan.
934 Feb.
1134 Jan.

23

70

29

10

23

Feb.

8

65

9734 Feb.
29
Feb.

5

98

5

3234 Feb.

9

13
5

Feb.
Feb.

15

Jan.

2854 Jan.
2834 Jan.

2234 Jan.
2234 Jan.
10534 Jan.

9

3

4
27
Jan.
3
Jan.
8
108
11654 Feb. 20
4
1934 Jan.
10334 Feb. 14
3934 Feb. 24

15
75
2 109
30 114

13
3

8
30
3

110

Sale

Sale

5

J an.

Feb.

9

4

34 Jan.

2

Jan.
Jan.
1334 Jan
634 Jan.
634 Jan.

Feb.

27

38

Jan.

4

49

28

2034 Feb.

2

1954 Feb.

28

22

9
Feb.
2
Feb.
5
Feb.
1
Feb.
5734 Feb. 16

Feb.
Feb.

10

334 Feb.

16

134 Jan.

5

Feb.

15
9

3

Jan.

15

434 Jan.
5154 Jan.

13

67

6934
934

Feb.

13

67

Feb.

934 Feb.

29
1

Feb.
Feb. 17

Feb.

7

534 Feb.

23

934
1254
534
534

4534 Feb.

20

49

1934 Feb.

1134 Feb.
5

60
Sale

334
Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

116

334
134
334
534

121

Feb.

Feb.

534 Feb.
65

24 121

Feb.

3

29

Feb. 24

2334
4034

Sale

Sale

Feb.

Sale

Sale

Feb.

23

19

Sale

Sale

Feb.

Feb.

28
8

20

73
38

Feb.

26

3734 Feb. 23

35

3634

45

48

1

2534 Feb.
4134 Feb.
70

Feb.
Feb.

9
7

24

9

5

Jan.

2

2254 Jan.
3854 Jan.

20

116

2

3
11
8
8

26

Feb. 27
Jan.
4

11
16
15
Jan. 29
6
Feb. 29
65
Feb. 24
121
9
2534 Feb.
7
4134 Feb.

354 J an«
134 Feb.
434 Feb.

2154 Jan.

9

18

Jan.

2

8

68

Jan.

19

71

24

3734 Jan.

Jan.

8
25

70

*

35

48

Feb.

1 114

Feb.

4534 Feb. 26

10
8

107

Sale

Sale

107

87

5
8534 Feb. 29 8934 Feb.
6
24
Feb.
2234 Feb. 28
5
1654 Feb.
185-4 Feb. 21
24
14
12234
Feb.
11834 Feb.
9
1
1154 Feb.
1034 Feb.
8
43
Feb.
1
39
Feb.

Sale

Sale

2334 Sale
1734 Sale

23
Sale

Sale

120

Feb. 20

Jan.

13

3

Jan.

5634 Jan.

16

13 54
62

56 54 Jan.

Feb.

Feb. 20
Jan.
Jan.

2

19

5934 Feb. 28

334 Feb. 13
9
2934 Feb.
Feb. 27
Feb. 29 118

5
534 Feb.
4434 Feb. 23
3134 Feb. 27
1
90
Feb.

29

2834
18Sale

Sale

46

Sale

1034

Sale

122
Sale

Sale

39

Sale

Sale

89
Sale

81

23

86
Sale

Sale

15

Sale

Sale

234 Sale

Sale

1634

29

65

35

Sale

34 Feb. 24

1
3534 Feb.
3634 Feb. 27

56

117

1

70

70

8734

1

Feb.

38

75
70

Sale

Sale

1534

Sale

6734

Sale

Sale

2734

72

Sale

Sale
99

534
534 Sale
4334

Sale
Sale

634
4534.

634
4434

35

Sale
Sale

Sale

2234 Sale
2334 Sale

1134
534

Feb.

9

70

63

Sale
Sale
10234
11434 11534 11634 11734 116
Sale
163
16
1534
1634
1003a
10334
3434 Sale
3834
3434
334 Sale
334
334
6
634 Sale
634
34
34

66

13

48$

2

15

85

Sale

Ifl
8*

Feb.

28
Feb.
7
Feb.
7

19

Highest
Sale Prices
3
22 6854 Jan.
4
19 11834 Jan.
Jan. 27
2

133

70
Sale

1

1

24

Feb.

45

Sale

434

Feb.
Feb.

2

2

1634 Sale
834
9
__.4~34-—4-342334 Sale
334 Sale

2234

13

20

Feb.

16

Jan.

Feb.

3334 Feb. 21
3934 Feb. 23

69

Sale

Jan.

Feb.

35

Feb.

1

2334

Sale

54

5534 Jan.
115

Feb.

1

Sale

34p

9

14

Sale"

Sale

Feb.

Feb.

Feb.

7334
10534
11234

1934

2

Feb.

23

26

23

Feb.

3734 Feb.

23

Sale

Feb.

16
9

20

Sale

2734
1734

334

15

Feb.

Feb.

Sale

18

Sale

134 Feb.

4334 Jan.
134 Feb.
6 54 Jan.
154 Jan.

45

28
2

Sale

17

iH

6

Feb.
Feb.

19

134
834
534
3034

1934 Sale
2234 Sale

Feb.

39

134
534
334
2934

3

19

33

Sale
6

1

Feb.

3634 Feb. 20

Sale

Cash sales,
z Ex-dividend,
y Ex-rights.
from United American Bosch,
g Change of name from Peerless Corp.
a

1

Sale Prices

56 34 Feb.
115

Sale

47

9

Prices
Feb.
9

Said

Sale

134

4634
234

'

Sale

Sale
Sale

.5
3,800 Wilcox Oil & Gas...
48,100 Willys-Overland Motors
1
18,500
6% conv preferred
334
10
48,100 Wilson & Co
534
52
9,300
$6 cum preferrred
100
30 Wisconsin Elec Pow 6% pf.100 116
16,300 Woodward Iron Co
10
2334
134,100 Wool worth (F W)
3834
10
18
29,200 Worthington P & M
100
130
7% preferred A
100
6634
6% preferred B
60
100
Prior pref 434 % series...100
"2",600
3434
Prior pref 4 34 % conv ser 100
3,800
4334
870 Wright Aeronautical Corp
* 114
6,500 Wrigley (Wm) Jr
8534
*
6,000 Yale &, Towne Mfg Co
2434
25
109,600 Yellow Truck & Coach cl B..1
1834
1,070
7% preferred.
___400 11534
7,300 Young Spring & Wire
*
1134
83,900 Youngstown Sheet & Tube...*
4634
300
534 % preferred series A..100
84
22,800 Youngstown Steel Door
*
2734
II,500 Zenith Radio Corp
1634
*
6,000 Zonite Products Corp
234

name

34

47
6

Sale
Sale

AA
Sale

2234
3%

60,500 Western Union Telegraph. .100
2634 Sale
*
2734 Sale
37,000 Westinghouse Air Brake
36,900 Westinghouse Elec & Mfg..50 11634 Sale
138
410
7% 1st preferred
50 136
Sale
5,300 Weston Electric Instrument._*
W4Sale
*
37
11,800 Westvaco Chlorine Prod
3834
3734
6,400
5% preferred
30
10 Wheeling & Lake Erie Ry__ 100
40
70
Sale
95
1,720
534% conv preferred
160
46,100 Wheeling Steel Corp
3134 Sale
*
110
90
6% preferred
100
""606
70
$5 conv prior preferred....*
68
10
9
1,900 White Dental Mfg Co (SS).20
Sale
1
12
34,600 White Motor Co
6
634
4,900 White Rock Min Spgs Co
*
57,600 White Sewing Machine..
1
434 Sale
Convertible preferred
33
3634
I,100
*
Prior preferred
6,300
2034 Sale
20

Deferred delivery,

Sale

116?4
3734
4534

Sale

130

134 Sale
134 Sale
3
134
7
6%
2134
20%
9534 Sale
534 Sale
33 % Sale
16
1634

II.

45

"66"
3

Sale

Sale

11734 11534 11734
44
4434 Sale
4334
65
5934

2734

m

93

i!SS
28

Sale

4434
33 34

17*
2934

Sale

2

Sale

Lowest

Highest

Sale Prices

134
134
5434 Sale
5434
5534 5434
13 34
13
1434
1334
1434
6734 62
6334
6634
6634
Sale
150
148
15734 149
Sale
83
7834
7834 Sale

80
Sale

11734 118

60

3,700 West Penn Pow Co 434 % pf 100
5,700 West Virginia Pulp & Paper. _*
100
6% preferred
100
19,800 Western Auto Supply Co
10
6,100 Western Maryland
;
100
2d preferred
1,300
.100
4,800 Western Pacific 6% pref-„100

Sale

334
29

*

*
1,000 West Penn Electric Co A
7% preferred
100
1,600
6% preferred
-..100
1,820

157

11454 11534
44 34 Sale

100
*

Sale

38

—L44-

1

* No par value,
Change of

*

6,900 Wayne Pump Co

3,300

620

Ward Baking Co class A

26,200 Webster ELsenlohr
7% preferred

13406

780

*

-

Walker (H) Gooder & W Ltd.*
Preferred
*

6

1,000

1,300
2,000
100
13,300
1,800

Walworth Co.

5,200 Waukesha Motor Co

3~,80d
400

Waldorf System.
*
Walgreen Co
434 % preferred with warr 100

l
56*

4,100 Vadsco Sales Corp

--*

Sale

Ask

58

Sale

Sale

654

2,700 Universal Picture 1st pref_.100

370

Steel

Tobacco

Sale

2

1,380

Leaf
Preferred

Ask Bid

Sale

2,400

900 Universal-Cyclops

Sale

Bid

43

14

$6 conv preferred-

1,340

2,200 Universal

Ask

5634
£11534
3734
4434

68
151

290

b

66 34

w

*
100

900

.

Bid

Lowest

Feb. 29

Feb. 1
Par

*
1

500
400

RANGE SINCE JAN.

1940

Since

100

PRICES IN FEBRUARY

Jan. 2

EXCHANGE

In

Feb.

8534
22

Feb.

1434 Feb.
234 Feb.

2454 Feb. 21
16

Feb.

23

254 Feb. 21

35
44

Feb.
Jan.

105

Jan.

85

Jan.

2234 Jan.

18
5034 Jan.
22 11434 Jan.
22
8934 Feb.
20

25

Jan.

8
8
2
5

3

4
1934 Jan.
5 12234 Feb. 24

5

1654 Feb.
11534 Jan.
1034 Feb.
3854 Jan.

Jan.

3

22

4834 Jan.

3

86

Jan.

15

89

22

Feb.

5

1434 Feb.
234 Jan.

3

I Companies reported in receivership.

1

19

12

Jan.

6

2834 Jan.
1634 Jan.
234 Jan.

4
3

3

T Galled for redemption,

RANGE

...Shares_

Jan. 1 to Feb. 29--.a-

NEW YORK CURB EXCHANGE

ON

PRICES

6,389,694

Jan. 1 to Feb. 29

NOTICE—Deferred delivery, under the rule and cash sales, are disregarded
and when selling outside of the regular monthly range are shown in a footnote

1939

$45,522,000
87,542.000

$24,492,000

February

2,974,615
7,331,860

3,167,928

1940

Bond Sales

1939

1940

Stock Sales

February

OF

64,742,000

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

computing the range for the year.
AGGREGATE

In

Shares
150

13,755
3,000
1,300
8,200
3,500
3,400
125

470

260
200
100

Jan. 2

STOCKS

Par

450 Acme w ire Co common
Aero Supply Mfg class A

17" 155

10

1
1

Class B

7,100 Ainswortb Mfg Corp com
5
1
5,400 Air Associates Inc common
10,300 t Air Investors Inc common—*
Convertible preferred
4,000
*
Warrants
4,400
325 Ala Gt Sou RR ordinary
50
800 Ala Power Co $7 preferred. .
860
$6 preferred
—
400 Alles & Fisher Inc common
*
200 Alliance Investment common *

200
100

400

5,600
8.400
350
600
110

1,300
100

200
300

2,400
1,000
1,100
4,900

62.755
31,200
600
550

9,200
"

V.555
975
325
950

1,300
4,800
300
350
10

3,300
500

1,100
425

5,300
6,400
15,100
950

2,300
2,500
800

800
100

350

19,100
3,000
11,229
5,500
190
200

3,300

$3 conv preferred-_.
*
600 Allied Products Corp com—10
400

Class A

35,550 Aluminum Co common
5,600
6% preferred
900 Aluminum Goods Mfg
5,700 Aluminum Industries com
15,350 Aluminium Ltd
900
6% preferred
1,600 Ameriban Beverage Corp
1,310 American Book Co
2,600 Amer Box Board Co com
500 Amer Capital Corp cl
Common class B
800

A

Bid

Ask

•

22 %
20 %

Sale

5%
5%
10%

Sale

2§*

22 H
Sale

Sale

Sale
Sale
o

25
*

100

21

18%
73

2h
1

3
1%

%

9%

Sale

Sale

115

16%

*
*

97

100
1
100
1

10c

10%
20

19

18
Sale

105% 107
1%
k%
44
42%
6%
7%
3
2%

$3 preferred
$5.50 prior preferred.
*
7,500 American Centrifugal Corp._l
Amer Cities Power & Lt Corp—
Conv class A
-.25
1,425
Class A with warrants
1,900
25,
Class B
1
8,800

20%
70%
%

Sale

31%

33

28%

31

400

315 Amer Cyanamid com class A. 10
Common class B non-vot-_10

112,700

40.700 American Export Lines com._l
2,200 Amer & Foreign Power warr
*
1,500 Amer Fork & Hoe Co com

31,100 American Gas & Elec new..10
$6 preferred
18,400
*

10c
3,800 American General Corp
$2 preferred
1
2,225
350
$2.50 preferred
1
1,650 Amer Hard Rubber Co com .50

1%

5% Sale
10%
11%
2%
2%
26% Sale

3

%s

site*

2%
1%

38%
114

3%
25%
30
12

20

68

'

1
*

1.100 Angostura-Wupperman
200 Apex Elec Mfg Co common

Appalachian Elec Power—
610
$7 preferred
81,100 lArcturus Radio Tube
9,100 Arkansas Nat Gas common..*
Class A non-voting
*
20,929
14,400
6% preferred
10
710 Arkansas P & L $7 preferred.*
5
700 Art Metal Works common
10.600 Ashland Oil & Refining Co-.l
Assoc Breweries of Canada
*
—

74

75

107

108

2

1%

16

15%

32*
84*'
7%
5%

15%
3%
1%
1%
12%

ii*
Sale

116

Sale

29
2

6
8

26% Feb. 28

Feb.
Feb.

75*

Feb.

8

34% Sale
15% Sale

31
Sale

16%

16%

Sale

29

23

20

85

68

Sale

%
88

7%
Sale

74%

15%
Sale

1%
2

13%

%
2%
Sale
Sale

6%
Sale

17
Sale

Sale

Sale

33
13%

34*
95*

30

Sale
80
Sale

35%
Sale
99

6% Sale
5%
5%

74*'
13%
3%
1%
1%
10%

M
2%
2%

7%

Sale

Sale
14

3%
1%
2

12%
Sale

%
2%
Sale
Sale
Sale

6% Sale
5% Sale

6
6

Jan.

10

Jan.

9

10% Feb. 26

20

Feb.

7

20

6

10% Feb. 26

7

20

Feb.

9

1% Feb.

8

Feb.

7

1 168% Feb. 13
5 116% Feb. 20

2

1% Feb.

1

32

a

Sale

34%

33% Feb.
33
Feb.
1% Feb.

21
21

Feb.

15

% Feb.
3
11% Feb. 13
34% Fen. 28

3% Feb.

1

3% Sale
29% Sale

27

Feb.

1

Sale

31

15% Sale

13

Feb.
Feb.

3
7

33

16% Sale
15% Sale
28%
29%
18% Sale
% Sale
33%
34%
%
%
97% 101
6% Sale
6
6%
% Sale
66% Sale
12% Sale
3 % Sale
1% Sale
2

Sale

11%

12%

114% 115
%6 Sale

19

1

41

Jan.

13

7

6

Feb.

23

1% Jan.
% Jan.

16

13

7

19

29

72

28

99

Feb.

6%
5%
%
66%
12%
3%
1%
1%
11%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

113% Feb.

%6 Feb.

2
1

2
1

31% Jan.

14

2

24
6

14

Feb.

20

7

Feb.

3

95% Feb.
6% Feb.
5% Feb.

2
1

1

8

Feb.

17

2
28% Jan.
18% Feb. 29

21

Feb.

1

6

Feb.
Feb.
Feb.

9
6

Feb.

16

Feb.

27

11% Feb.

14

14 114% Feb.
8
%6 Feb.

2

Jan.

31

15

Feb.

23
2
2% Feb.
2
2% Feb.
2
7% Feb. 28

68

Feb.

19

% Jan.

18

32

Jan.

2

% Jan.
85% Jan.
6% Feb.

16

4% Jan.

4

%
66%
12%
3%
1%
1%
11%

29
3

Jan.

26

II*
34*

1

Feb.
Jan.

24

Feb.

14

%« Feb.

13

2

8|

Feb.

19

2

Feb.

20

7% Jan.
94% Jan.

9

29

1
16

6

8%
%
%
2%

Feb.
Feb.
Feb.
Feb.

24
20
1
6

7%
%
%
2%

Feb.

3% Feb.

4

Jan.

15

5% Feb.

1

Feb.
Jan.

Jan.

3

Jan.
Jan.

9

16% Jan.
29% Jan.

11

26

22

Jan.

5

68

Feb.

19
11

o

%

36

Jan.

29
17

Jan.

% Jan.
Feb.

6

7% Jan.
6% Feb.

3

6

Jan.

4

75

Jan.

17

Jan.

9
8
6

3% Feb.
1% Jan.

4

Feb.

27

12% Jan.

10

2

14 115

2

Feb.

17*

15 104

Jan. 17
Feb. 29
Feb. 29
2
Jan.

113% Feb.

6% Feb.
5% Feb.

99

Jan.

16% Feb. 21

25

29

Feb.

Feb.

75

4

15

Feb.

1

4

3
10

9

30

%s Jan. 13
11% Feb. 13
24% Feb. 28
Ill % Jan.
2
3% Jan. 19

Jan.

14

Jan.

2% Jan.
*A Jan.
20% Jan.

40% Jan.

31 % Jan.
15
Jan.

15

19

18
21
10
31

3

4

16

Feb.

Jan.

7

21

Feb.

Jan.

15

Feb.

45

7
13
20'
20

11% Jan.

17

14

Feb

17% Feb.

8

8
3
30
37% Feb. 21
Feb.
6
m
Jan,
6
.Jan.
3
12
Jan.
8
39
Jan.
6
115
3
3% Jan.
29% Feb. 21
Feb. 29
33

22

Feb.

3% Feb.

1*

4

Jan.

1% Jan.

Feb.

6% Feb.
6% Feb.

29

2% Sale
7% Sale

5%

35*
104*
74*

19

Sale
7

19

30

31

Feb. 29
16% Feb. 21

7

Feb.

8

3% Feb.
9
29% Feb. 29

29

Feb.

5%

Feb.

16

% Jan.

2

13

33

68

4

7
11% Feb.
16 105% Jan.
8 107% Feb.
23
1% Jan.

Jan.

Feb.

12

.

Feb.

1
% Feb.
34
Feb. 19
1
% Feb.

2

99
6

Jan.

Feb.

2 168% Feb.
29 116% Feb.

1

36% Feb.

16% Feb. 28 sl6%
Feb. 29
15%
5
29
Feb.
29%
18% Feb. 29 20

Sale

2

17

7% Feb.
93% Feb.
103% Jan.

6

2% Jan.
1% Feb.

1

37% Feb.
18% Feb.
% Feb.

15

68

85

65

138% Jan.
114% Jan.

31

33% Feb.

Feb.

Feb.

Feb.

34

1% Sale
35%
36% Sale
17% Sale

8
28
8
2
77% Jan.
Feb. 28
108
97% Feb. 23
Feb.

1

10% Feb.

5

Feb.
Feb.

Jan.

8

32

12

31%
12%

Jan.

Jan.

1% Feb.

Feb.
Feb.

Jan.

1% Jan.
17% Jan.
% Jan.
74% Jan.

2

2

147% Feb.
114% Feb.

10

93

9

33

34%

Sale

29

101

Feb.

34%

ii*' n&
3% Sale

2

Feb.

5%
6%
11%
2%
26%

10

2

33%

36% Sale

27

22% Jan.

28

Sale

Sale
25%

19

Feb.

7

a*

1%

Feb.

4% Jan.
5% Jan.

Feb.

Feb.

20

33
32%
Sale

19

Sale Prices

97% Feb. 23

8 108

95

20

160

Feb.

Feb.

74% Feb.
105% Feb.

98%
2%
1%
%

20

19

ilH

5% Feb.
6% Feb.
11% Feb.

29

97

5%
5%

19% Feb. 27

18
17
Feb.
1
17% Feb.
17%
7% Feb.
7 11% Feb.
10% Sale
93% Feb. 16 105% Feb.
105% Sale
106
9 107% Feb.
107% zl05%Feb.
Feb.
1
Feb.
2
1
Sale
1%
Feb.
Sale
44%
44%
44% Feb.
8
Feb.
7
6
Feb.
23
6%
5%
6%
6%
Feb.
2
2
Feb. 13
2
2%
1%
2%
%
19
Feb.
19
Feb.
7
20
19%
20%
72
Feb. 19
75
Feb.
Sale
75
76
% Feb.
%>
% Feb.
5
%
%

114

2%
2%
7%

19

2
4% Feb.
5% Feb. 28
5
10% Feb

Sale

72S

Sale

73

Feb.

19

Highest

Sale Prices'

99% Sale
106% Sale

31%
30%
1%

Sale

10

10
20
19%
147% Sale
115* Sale

%

'£»

100

13,500 Amer Republics Corp com..10
8,300 Amer Sea!
tl-Kap Corp com
2
*
•power
46,500 American Superj
.*
referred $6 series
1st pr
3,100
*
Preferred
$6 series
9,700
5,300 American Thread preferred—5
2,500 Anchor Post Fence common..*

76

33% Sale

*
425 American Invest of 111 com
3,500 American Laund Mach com .20
11,900 American Light & Traccom.25
6% preferred—
1,000
25
600 American Mfg Co common. 100
1
7,900 American Maracaibo
*
1,600 American Meter Co
*
1,600 Amer Pneumatic Service
825 Amer Potash & Chem Corp..*

%

Sale

S&*

Sale

4*'
140

21%

Lowest

Highest
Sale Prices '

Sale Prices

22

5%

97%

*

1,800

-

19%

22%

106

%

Preferred

21

Sale

10c

10

19

2

Lowest

Ask

20%
4%
6%
10%

77% Sale
101

Feb .'29

Aks Bid

Bid

*

Allied International Investing

14,700
2,700

.Feb. 1

1940--

-Jan.!
Shares

1

Price

NEW YORK
CURB EXCHANGE

Since

February

RANGE SINCE JAN.

PRICES IN FEBRUARY

SALES

%
2%
2%
7%

9

Jan.
Jan
Jan.
Jan.
Jan.

26
6

2

Jan.

11
18

6% Feb
5% Jan.

11

99

Associated Elec Industries

2,700
5,300
21,100
1,400

American deposit rects
£1
2,800
12,800 tAssoc Gas & Elec common. .1
Class A
1
71,700
$5 preferred
13,700
*

7f
i.
5%

8%
Sale
Sale

5%

7%

7%
%
%
% Sale
2%
2%

8%
8%
% Sale
*At Sale
2% Sale

7%
%
%
2%

6
Feb.
2
Feb.
9
Feb.
Feb. 26

Jan.
Jan.
Feb.

12

18

Jan.

18

21

Feb.

21

20

2% Feb.

7

9

8%
%,
%
5%

Feb. 24
Jan.
2
Jan. 10
Jan.
3

Warrants
Assoc Laundries of America..*

800

800

V t

c common

*

%, Feb. 21

Assoc Tel & Tel class A.....*

Atlanta Birmingham & Coast
RR Co preferred
100

5,900

Atlanta Gas Light 6% pref.100
Coast Fisheries
*

9 300 Atlantic

For footnotes see page 53.




%

%9
1
65

70

102

3

Sale

62

70

68

% Feb. 21

2%
70

101% 105% 106%
2% Sale
2%
3

2% Feb.

7

3% Jan.

-

4

"3

NEW

42

YORK

EXCHANGE

CURB

AGGREGATE
RANGE SINCE JAN.

PRICES IN FEBRLARY

SALES

1

Price

NEW YORK
CURB EXCHANGE
„

„

Since

In

February
Shares
180

STOCKS (Continued)
Shares
800 Atlantic Coast Line Co

700

1,100
7,400
3,200
5,900
2,500
1.400

3,000
1,300
225

900

150
25

600
400

5,000

1940

Jan. 1

5,100
2.000
4,200
2,000
1.000
800

33,100

400

7,500

Par
1

Atlas Drop Forge Co com
Atlas Plywood Corp

5
*

*

10,400 Babcock & Wilcox Co

14,000
440

1,500
9,400
1,650
1,700

•

100

20

$1.50 conv preferred

1
24,700 Beech Aircraft Corp com
33,400 Bell Aircraft Corp common.. _1
20,500 Bellanca Aircraft common...1
963 Bell Telep Co of Canada...100
400 Bell Telep of Pa 634 % pref .100
350 Benson & Hedges common...*
Convertible preferred _._._*
190

2,400

4,000 Berkey & Gay Furniture Co.-l

700

100
50

Purchase warrants
700
*
900 Bickford's Inc common
250
$2.50 conv preferred
*
300 Birdsboro Steel Fdy & Mach. *
*
200 Blauner's common.

4,800

10,700 Bliss (B W) & Co common—1

4,700
2,500

8,600 Blue Ridge Corp common.. .1
$3 optional conv preferred.*
6,700
*
4,500 Blumenthal (S) & Co com
Bohack (H C) Co common.._*

200

250

400

80,666

—

200,
1701

1?*.

6
Sale

15

Sale

5

554
%
a
334 Sale
1634
1654

h
15

Sale

1934

2034

1934
534
54
234

Feb. 26
Feb. 27
Feb. 26
Feb.
5

14

Feb.

A
134
524
554

18

Sale

6

Feb.
2
Feb. 21
Feb.
8
Feb.
6
Feb.
Feb.

1
1

154 Feb. 23
354 Feb.
1
Feb.

42

Lowest

Highest

Sale Prices

Sale Prices

Highest

Sale Prices

17
15

Sale
45

334

2134 Sale

624
20

134

134
324 Sale
50

30

150
40

225

6

3

1454
34
134
624

Ask
Sale

19

Sale Prices
2034 Feb. 16
Feb. 15
6
24 Feb. 21
17

l£

Feb.
Feb.

9
8

Feb.
Feb.

2

Feb.

9

8

Feb.

9

1924

Feb.

15

Feb.

14
1

154 Feb.

10

4

Feb.

17

50

Feb.

1

4

22

Sale

20

Feb.

8

22

Feb. 29

23

Sale

23

Feb.

29

25

Feb.

1934 Feb. 26
534 Feb. 27
54 Feb.
234 Feb.
1334 Jan.
A Jan.
134 Feb.
554 Jan.
5 54 Feb.

2334 Jan.

16

1954 Feb. 14
1534 Jan. 12

Jan.

1434 Jan.
134 Jan.
334 Jan.
42

Feb.

3

Jan.

1934 Jan.

6

Feb.

% Jan.
354 Jan.
17

Feb.

34 Jan.
154 Jan.
654 Feb.
7

Feb.

154 Feb.
434 Jan.
53

22

4
15
3
8
8
11

15
9
9

10
8

Jan.

2

334 Jan.

17

22

Jan.

5

2654 Jan.

10

Locomotive—

7 % preferred— _
Purch warr for common
24,600
900 Baldwin Rubber Co com

4,200

100

14,800
21,400

$

_

300
100

11,800

iiy:

Purchase warrants_
1,400
85,800 Aviation & Transport Corp—1
1,550 Axton Fisher Tob class A—10
600 Ayrshire Patoka Collieries -.1

1
2,100 Beau Brummell Ties Inc
200' Beaunit Mills Inc common. .10

400

1934
Sale

tAustin Silver Mines
1
Automatic Products Corp
5
Auto Voting Machine com.-.*
Avery (B F) Sons Co
5
6% preferred with warr—25
6% preferred ex-warr
25

20

50

Ask Bid

Bid

Lowest

Feb. 29

Feb. 1
Ask

24

1
Bardstown Distillery Inc..—1
Bari um Stainless Steel
—1
Barlow & Seelig Mfg class A.-5
Basic Dolomite Inc common. _1
1
44,100 Bath Iron Works Corp
Baumann (L) & Co com..
30
7% 1st preferred
100
200
7% 1st pref vot tr ctfs—100

300

1,200
7,700

Bid

50

Atlantic Rayon Corp
Atlas Corp warrants

Baldwin

900

Jan. 2

100
25

7% 1st preferred

1,900
1,100

5,300 Borne Scrymser Co

1,500

3,700

100

300

2.700 Bourjois Inc

2434 Sale

754 Sale
6k
734

I%

6

Sale

1

H

"6

734
7k
1234 Sale
154

624
1154 Sale
134
124

20

23

20
5

21

20
25

53

434
12?4

43

15

Sale

734
12234
3734
45

Sale

144"
40

A Sale

38

624

&

14
3834
724

Sale

1054 Feb. 28

1034
134

534
434

134

Sale

Sale

12334 124
45

Sale

i v.

Sale

0%

Sale

38

554

l32

1334
39

534
4

"1434 "1.454

1334

134
40 J4
634
334
30
2834

134

134
40

634
234
2634
27
5

Sale

42

Sale

134
Sale

754

534

854
224
30
3334
554

J*

%

2

2734
33

16

27

Feb. 16
634 Feb. 20
8
1234 Feb.
10

%

14*'
Sale
7

Feb.
Feb.
Feb.
Feb.

A
A
1324
38
4

6
Sale

134
4134
734
154
2734
3754
554

Sale
4234
754
254
Sale
Sale
524

854
134
734
634
1554

Sale
Sale
Sale
Sale
Sale

25

10

6

Feb.
Feb.

9/. Ja
n
Jan.

Feb.

23
26

934 Jan.

5

Feb.

27

6

1054 Feb

.

28

8

7

Jan.

3

Jan.

3
20

54 Feb.

54 Jan.
1054 Jan..
734 Jan.
1354 Jan.

21

Jan.

27

20

Jan.

3

25
25

10

534 Jan.
434 Jan.
1234 Feb.

4

6

454 Feb. 24
1234 Feb. 21
854 Feb.

9

1

2634 Feb.
854 Feb.
13 13554 Feb.

9

1

9

1

9

8 12434 Feb. 15
Feb.
5
Feb. 27 43
Feb.
Feb. 19 46
Feb. 19
2
A Feb.
Feb. 27
Feb. 27
A Feb. 27
Feb. 10
Feb. 19 14
Feb. 10 39
Feb. 29
Feb. 27
634 Feb. 27
Feb.
9
4
Feb.
9
Feb. 27 1454 Feb. 17

634

1334

27

454 Feb. 24
1234 Feb. 21

46

50

A

7

Feb.
Feb.

6

654
2134
654
130
13254 13134
12334 12434 124
41 !41
3734

""A
34
1434
3834

25

554
534

754

45

14*'

Feb.
Feb.

9
734 Feb.
6
634 Feb.
20
54 Feb.
9
% Feb.

23
Feb. 29
5 54 Jan. 13
634 Jan. 17

6

15
9

3

154

15

13

Sale

1324

6

27

Sale

28

Feb. 26
A Feb. 26
10
6

1054

28

Sale

1

Feb.

Sale

25

534

Feb.
ie

Sale

25

6

6

34
954

35

21
6

42

654
654
54

30

15

12

734 Sale
20

634

624

9

1334

Feb.

1

4134 Feb.
754 Feb.

19
7
15

134 Feb.

7

Feb.
Feb.

1

42
8

6
2734 Feb.
3934 Feb. 19
554 Feb. 26

Feb.

5

19
21

Jan.
Jan.
Jan.

Jan. 22
•854
Jan. 15 2634
Jan. 22
854
Feb. 13 136
123
Jan. 15 12434
4
40
Jan.
4334
2
45
Jan.
46
2
34
A Jan .
A Feb. 27
1354 Feb. 19

Feb,

9

Feb.
Feb.

9
9

Jan.

22

Feb.

15

Jan.

24
17

Jah.

Jan.

10

Feb.

27

14& Jan.

38

Feb.

10

634 Feb. 27

6

6
9

454 Feb. 24
1234 Feb. 21

634
1734
634
13134

5

Feb.

29

654 Jan.

25

39

Jan.

11

6

Jan.

4

1234 Jan.

20

15

Jan.

4

Feb.

19

4054 Jan.

3

4

1

6

.j.

2734 Feb.
3334 Feb.

4

Jan.

134 Jan.
2634 Jan.
2834 Jan.
5

Jan.

9
10
4
3
2

154 Jan.

8

Jan.

11

42

Jan. 30
9
Jan.
9
Jan.
Feb. 19
5 54 Feb. 26

834
234
2754
3934

„

Bowman Biltmore Hotels

300

5,200
7,500
32,600

1,600

400
750
300
100

100
-*

7% 1st preferred

1
1

Preferred

1,000

*

3534
49

:ioo

224
134
2834

400 Brillo Mfg Co common..— ..*
♦
Class A
150

3734
Sale
55

3

'lOO

Class B

7% preferred

*VA
Sale

6

1124 Sale

734

9
154
754 Sale
554
634
12 24 Sale
1

12

3
134
2934
1234

36

36

38

254
4534
254

3
55
254
154

1

31

Sale

1234

1234

«.

1.400

7

Feb.

1

6

Feb.

2

1254 Feb.

1

54
834
154
734
624
1654

Feb. 15
Feb. 13
9
Feb.
Feb. 20
9
Feb.
9
Feb.

34 Jan.
734 Jan.

2

1

Jan.

18

7

Jan.

5
12

54 Feb. 15
834 Feb. 13
154 Feb.
9
8
Jan. 22

8

654 Feb.

Jan.

12

16 54 Feb.

2 54 Jan.

30

554 Jan.
10

9
9

38

254

224

254 Feb.

254

Sale
134

234 Feb.
154 Feb.

Coupon stock (bearer)—
Registered.

1754

1854

1854

19

3

334 Feb.

10

1

3

Feb.

33

36

31

1254
3254

13
35

1234 Feb.
3034 Feb.

38

18

1834

1834 Feb.

7

1924 Feb.
1954 Feb.

5

Feb.

Feb.

1234 Feb.
3254 Feb.

3

5

49

Jan.

5

30
31

3

Feb.

14

134 Feb.

6

Jan.

1

154 Feb.

334 Jan.

Jan.

254 Jan.

49

British-American Oil Co—

700

5
34 Feb.
854 Feb. 29
134 Feb. 27

*
'

2,400 Brill Com) class A
800

34 Sale
624
854
134
124

*

Bridgeport Gas Light Co..
4,000 Bridgeport Machine com—
10

Y.6O6

*

Common

2d preferred
11,300 Brazilian Tr Lt & Pr ord
13,900 Breeze Corp
107,400 Brewster Aeronautical
700

Feb.

2934 Jan.
1234 Feb.
3034 Feb.

12

14

1234 Jan.

3

14

32 54 Feb.

17

15

38

5

1824 Feb.

13

1834 Feb.

7

1954 Jan.

2034 Feb.
Feb.

1

1834 Jan.
1854 Jan.

2

2034 Feb.

1

9

15

20

9

British Amer Tobacco Ltd-

400
200

700

1,400

25

100
1,500

4,966
300

1,600
8,200
1,550
5,600
600
800

500

1
*
Brown Rubber Co common.. 1
29,566
5
500 Bruce (EL) Co
50
3,650 Buckeye Pipe Line
Buff Niag & East Pow pref.25
16,500
3,150

pre]
Bunker Hill & Sullivan—2.50

15,100
1,500 Burma Corp Amer dep rets—
1234c
1,700 Burry Biscuit Corp

"2,166
200

50
140

6,900
900

1,400
250

22,200 Canadian Colonial Airways—1
200 Can Indus Alcohol class A—*
-—1

.*
25c

6,000 Carib

com

conv

A stock--*
—*

common.

—

*

4,800 Carnegie Metals Co common. 1
Carolina Pow & Light $7 pref.*
600
$6 preferred
*
460
Carrier Corp common.
31,100
Carter (J W) Co common
1,100
Casco Products
1,900
Castle (A M) & Co
350

4,800
5,400

20

610

.1
1
*

.—10
Catalin Corp or America
1
Celanese Corp of America—
7% 1st partic preferred. .100
Celluloid Corp common
15
1st preferred part. .
*
$7 dividend preferred_*

1,600
Cent Hudson Gas & Elec com.*
3,600

20

1,400

Co

Class B
1,000
2,700 Carnation Co

2,875
1,600

1,840

Syndicate

200 Carman &

11,138

1,600

*

non-voting

Canadian Marconi Co

400 Capital City Products

17*.500

2,138

500

434 Sale

124

zi
21

2034

22

154

154
2134
2334
434
1634

134

1234 "2434
454 Sale

154

124

254 Sale
11

Sale
Sale

28
22

12

3534 007
3554
2124 Sale
00

104

Sale

1324 Sale
234
254
134
134

1254
124

24

54

24

354
434
1754 Sale

354
1534

434
1734

13

234

254
1034
3754
2154

101H

1254
154

60

Cent Maine Pow 7% pref. .100
Cent N Y Pow 5% pref
100

3,700
Cent Ohio Steel Prod
3,100

For footnotes see page 53.




54

154 Feb. 16

20

134 Feb. 21

13

Feb.

134 Jan.

25

Feb.

27
3

5

2734 Jan.
5^4 Feb.
1854 Feb.

134 Feb. 28

154 Feb.

Jan.

134 Jan.

27

22

Feb. 27
Feb.
9
7
534 Feb.

22

Feb.

27

22

5

27

22

Jan.

23
2

1854 Feb.

5

18

154 Feb.

5

5

22

Feb.

22

Mar.

454
18

454 Feb. 27
1854 Feb.
5
134 Feb. 28

434 Jan.
Jan.

7
5

42

234
Sale
Sale
Sale
Sale
Sale
Sale

Sale

1

1

124

9

24
24

134
38

434

4

-50c

Voting trust ctfs

Am dep rects 534 % pref—£1
600 Calamba Sugar Estate Co—20
Camden Fire Ins Assn
-.5
175 Canadian Car & Fdy pref—25

200

1,400
2,800

134

2034

%
%

•24
u

234
1034
3534
2154
10134
zl234
154
24

5
254
Feb.
Feb. 20 1034
5 43
Feb.
Feb. 28 2254
Feb. 17 104
8
13
Feb.
Feb. 24
154
1
7
Feb.

9
Feb.
Feb. 20

16

454 Jan.

4

1034 Feb. 20

Jan.

26

Feb.

28

Feb.

13

Jan.

4

13

2

Jan.

2

2154 Feb. 28
10134 Feb. 17
8
*1234 Feb.
154 Feb. 24
7
14
54 Feb.

9
Feb.
1
Feb.
Feb. 21
Feb. 24

Feb.

11

% Feb.
% Feb.

13

% Feb.
% Feb.

13

% Jan.
% Jan.

10

1534 Feb.

28

1634 Feb.

9

1534 Feb.

Feb.

7

19

Feb.

3

3

i8M

Jan.

9

1434 Jan.
234 Jan.
134 Jan.

12

5
5

% Jan.
54 Jan.

11

28

1754 Jan.

2

7
12

22

11

Cables & Wireless—

B

10",900

134

27'" Sale"

2034 Sale
2034
2054

400 Cable Elec Products com. __50c

1,400

"""166
100

1834 Sale
1834
2054

Class A preferred-

2,300 Brown Forman Distillery
$6 preferred

500

10,400

-£1

100
2,950 tBrown Co 6% preferred—
—1
2,500 Brown Fence & Wire com.
♦

100

800

ord

Amer dep rets ord reg
British Celanese Ltd—

Am dep rets ord reg—.— 10s
900
*
25 British Col Pow class A—

500

1,250
1,500

Amer dep rets

bear. -£1

1

"2034 "2254
654 Sale
234
334
234
334
1

Sale

934 Sale
136 Sale
2234
5

3834
54
10034
9234

2454
534
<39
Sale
Sale
Sale

Sale
734
734
1034
11
20
Sale
254
224
13 34

107

354
72
21

1434

9754
8

Sale

334
Sale
Sale

1424

97 54
Sale

19"" "2034
634
234

Sale

254
2
254
% Sale
1

23

Sale

25

354

1534
30
19

654
234
2

134
1

23

654
734
39
3934
54
34
105
10634 10534
97
9654 Sale

634
3854
54

13

Sale

3

134
25

7
40
Sale
Sale
98

10934
554

Sale
Sale

113

454
83

3134
1534

754 Feb. 20
3
234 Feb.

654 Feb.
234 Feb.

654 Jan.
234 Feb.

24 Feb.
1

Feb.

25

Feb.

2

3

Jan.

3

754 Feb.
254 Jan.

20

134 Feb.
954 Jan.
134 Jan.

19

22

9

25

654
4034
7
A
A Feb.
10534 Feb. 21 10554
99
1
9654 Feb.
654 Feb.

39

Feb.

54 Jan.

24

8

Jan.

30

1

Jan.

15

25

Feb.

9

25

Feb.

9

534 Jan.

5

Jan.

12

A Jan.
10034 Jan.
9234 Jan.

19

654 Feb.
4034 Feb.
34 Jan.

2
10
8

17

134 Feb.

"134 Feb".
2

3

Feb.

9

Feb.
Feb.
Feb.

10
3

2

Feb. 13
Feb.

9

Feb.

9

38

Feb.

8

1234 Jan.
734 Feb.
,10
Feb.

3-934 Feb.

7

18

3

Feb.

14

1 113
10934 Feb.
5
534
454 Feb. 27

Feb.

24

Feb.

1

Sale

Sale

19

3

10

1934

Feb.

19

Sale

Sale

3

"32"" "3234

2034
Sale

1254
734

1754
254

20

33

8

20
334

1254 Feb. 23

734 Feb.

5

Feb.
Feb.

16

254 Feb.

1

10
18

Sale

85

84

3134
1524
1534
1554
1554
107
10954 10854
100
Sale
10034 Sale
9934
8
9
Sale
951
Sale

3

14

754 Feb. 27
12

Feb.
7
Feb.
85
5
Feb. 29 3434 Feb. 15
8
Feb. 27 1734 Feb.
2
2 .0854 Feb.
Feb.
5 10354 Feb. 13
Feb.
Feb. 16
9
Feb. 26

Jan.

25

99

Feb.

9

5

16
25

234 Jan.

16

Jan.

334 Jan.
6934 Jan.
2054 Jan.
14

Jan.

106 54 Jan.

9734 Jan.
7 54 Feb.

2

2 106
2

Jan.

105

3

1554 Jan.

3
7 54 Feb. 27

12

Feb.

8

20

Jan.

2

334 Jan.

8

5 11334 Feb.
8
Feb.

24
1

19
5

3

d*

m

Jan.

31

Feb.

15

Feb.

8

Jan.

10

9 10354 Feb.
16
Feb.
9

13

3 109

26

new

March, 1940]

curb

tork

AGGREGATE
SALES
Since

February

Jan. 1

Shares

Shares

(<Continued)
Par
Light 7% pref_100

1,000 Cent Pow &
Central & Southwest Utilities—
Common
50c
13,000 Central States Elec common--1

20,300

100

400
425

125

650

175

250

200
600
25
600

2,850
400
500

1,250
20,300
5,200

33,900 Cities Service
Preferred
9,500
900

510

600
Preferred BB
810 Cities Serv Pr & Lt $6
650
$7 preferred--

480

170

4,100

100

50

300

400

2,200
,

1,300

8,400

12,800
700

1,900
400

1,000
25
900
240

6,300
1,750

20

200

2,000
200

950

500

11,700
600

1,300
140

pref—*

84

89

822*

-*
10

*
1

com

50
£1

Courtaulds Ltd

Am dep rets for ord stk reg _ 700
—5
26.500 Creole Petroleum com
6,900 Crocker Wheeler Elec Mfg—*

100
•

7,400 Croft (The) Brewing Co
Crowley Milner & Co com

"3",100

Crown Cent Petrol

1
„*
5

(Md)

1,400

1,900 Crown Cork Internat cl A

3,400

4,500 Crown Drug common.-----25c
7% conv preferred
25
450
Crystal Oil Ref Corp com.--.*
$6 preferred
10
""150
-*
300 Cuban Tobacco common

300

"166
100

2

Sale
Sale
2X

3

Sale

5%

*

""150

""400

850 Davenport Hosiery

250

7,100 Dayton Rubber Mfg
Class A
1,520

3,100
520

33,100

Dei

ca

925
80

-.5
— *
-1
35
1

Records common.

800 Dejay Stores Inc common
4,000 Dennison Mfg Co class A
$6 prior preferred
925
8% debenture stock
80

300

4,000

1
-5

100
300

1,600
3,000

""225

75

"8,500

13,100

""300

"i",400

80

For footnotes

52*
55
84 2*

6

22*
1182*
12*
372*

Sale

162*
2*
12*
71

Jan,

31 100

Feb.

30 104

Feb.

7

Jan.

23

Feb.

28

Jan.
Jan.
Jan.
Jan.

23
11

Jan.

23

Jan.

11

Jan.

3

Feb.

6

322* Jan.
52* Jan.

11

3*6 Feb.

2

Feb.

6

482* Feb.
72* Feb.

19
28

5

12*
2

72*
1

Feb.

7

2

Jan.

32* Feb.

19

3

Jan.

2

52*
72*

6

Feb.

26
14

6

Feb.

26

6

Feb.

26

6

Feb.

26

73* Feb.

2

72* Feb.

14

83* Jan.

9

62*
8

72* Feb.
12* Feb.
4 2* Feb.
52* Feb.

12*

22*

3

12*
42*
912*
2*
62*
10

82*
52*
152*
2*
12*
73
12*
9

17
8

12*
42*
62*
812*

Feb.
Feb.
Feb.
Feb.

9

77

Jan.

22

64

Jan.

2

X Feb. 23
IX Feb. 21

Feb.

20

X Feb.

2

2

3

Jan.

12

782* Jan.

18

Feb.

6

Jan.
Feb.

4

13* Jan.
392* Jan.

25

972* Feb. 15
12* Feb. 24
42* Jan. 23

32*
972*
13*
53*

Jan.
Feb.
Jan.
Jan.

24
15
4

90

98

Jan.

8

2* Jan.
72* Jan.
102* Jan.

4

3

Jan.

19

15

24

27

51* Feb.

8

8

93?* Feb.

10

14

7

92*
252*
53*
162*
3*
13*
772*
12*
92*

117

Jan.

12* Jan.

Jan.

6

Feb.
Feb.

2

Feb.

23

Feb.

8

9

Feb. 19
Feb. 15
Feb. 16
Feb. 27
8
Feb.

12* Feb.

5

9

Feb.

13

7

Feb.

6

7

Feb.

6

192* Feb. 27
42* Feb. 26

22

Feb.

14

52* Feb.
2* Feb.

1

2*6 Feb.

1

Feb.

13

73* Feb.

16

1

Feb.

3

182* Feb.

5

82* Feb.
22* Feb.
1112* Feb.

5

3

5

31
4

Jan.

18

92* Jan.

12

82* Jan.
25
!5
4
42*

15

"B

22

Jan.

31

Feb.

1

Jan.

11

22
* Jan
5
IH Feb.

70

Jan.

19

1
12* Jan.

27

9

Feb.

13

7

Feb.

6

193* Feb. 27
43* Feb. 26
4
2* Jan.

13* Jan.
72* Jan.

25

12* Feb.

15

1

Feb.

Feb.

7

18

Jan.

3
26

82* Feb.
22* Feb.

5

7

Jan.

19

Ill

24 112

Feb.

3
26

23* Jan.
Jan.

9

28

2

183* Feb.
172* Feb.

23

19

Feb.

14

172* Jan.

14

192* Feb.

24

17

Jan.

32

Feb.

16

29

Jan.

5

72*
42*
13*
272*

Feb. 13
Feb. 23
Feb. 23
Feb. 23

7

Jan.

12

4

IX
23
90

I5/*

32

Sale
4X
1H

101*

18

17

VA

12*
182*

IX
1

%
21 V*

261*

23

42* Feb.
3* Feb.

16
5

42* Feb.
3* Feb.

16
5

Feb.

15

94

842* Feb.
12* Feb.

6

92

Feb.

21

5

2

Feb.

21

6
842* Feb.
13* Jan. 31

11

Feb.

27

10

172*
12*
12*
13*
212*

Feb.
Feb.

15

2

11?*
17 H
IX
IX
IX

11

17

6

Feb.

5
15

14

50

102*

Feb.

7

3
26

25

38

Sale
17
Sale
12*

31

Sale

10

Feb.

20

172*
12*
12*
3*
182*

Feb.

8

Feb.
Feb.
Feb.
Feb.

8

23
28
8

Feb.
Feb.
Feb.

8
15
1

29

28?*

14

Feb.

Jan.

2

Feb.

19

Feb.

15

Feb.

16

Jan.
Jan.

2
20

73* Jan.
223* Jan.

11

ihH

62* Jan.
2* Jan.
2 2*

3
4

2

Feb.
82* Feb.

27
15

12* Feb.

15

Feb.

7

19

28

Feb.

7%

23

Feb.

7

42* Feb.

20

3
5

Feb.

7

28

292*
Sale
Sale

Jan.

Jan.

5
3

26

19

8

19

26

Feb.

Sale

2

Feb.

62* Feb.

Feb

5

3
12 112

4

4

103*
252*
53*
163*
X
13*
772*

2

82* Feb.
23* Jan.

42*

62* Jan.

3 2*

83

5 120
2

22* Feb. 27
82* Feb. 15

19

15

Feb.

9

20

26
2

Feb.

31* Feb.
971* Feb.
1?* Feb.

1
Feb.
Feb. 26
Feb. 28
5
Feb.

372* Jan.
3* Feb.

3
15

18

19

Feb.

13

45

Feb.

Feb,

11

9

35

7

Jan.

2* Jan.
13* Jan.
463* Feb.

8

2

1

102* Feb.

2

21
4

83

Feb.

2

6

Jan.

702* Feb.
22* Jan.

172* Jan.

2

15

22* Jan. 10
43* Jan,, 25
62* Jan.
4

45

Feb.

42*
152*
2*
12*

Feb.

1

IX Feb.
371* Feb.

2

25

70

22

2*6 Feb.

4

282*
72*
42*

12*
Sale
192*

82* Feb.

7

3

182*

12*

12*
20
2*
92*
22*

7 120

Jan.

x34

3

72*

18

12*

12*
102*

13

4

2*6 Jan.
12* Jan.
402* Feb.

1

18

12*

75

6

Feb.

12* Feb. 29
62* Jan. 29

62*

182* Sale

12*

%
12*

31* Feb.
83

5
62* Feb.
93* Feb. 27

82*

Sale

50

52*
Sale

1

16

702* Feb. 21
22* Feb.1

1

5

30

9
12* Feb.
5
42* Jan.
52* Jan. 25

1
17
13

2* Jan.

8

19

12*

92*
26

91

2

42*
Sale

42*

12*
43*
92
2*6
Sale
102*

3*
22*
22*

12*
192*
2*
82*
32*
22*
1102*

Sale

95

3

2*6
12*
22*

12*

42*

32*

72*
73*
20 2* Sale
52* Sale

42*
172*

40

12*

9

Feb.

11

Feb. 19
Feb. 28
4
Jan.
Jan. 13

2

972* Feb.
12* Feb.
42* Feb.

2
22*

482*
73*
22*
32*

2

3

203*

5

7

Feb.

Sale
% Sale

4

8

5

19

5 2*

4

72*
62*
163*
2*

Feb.

2

202*

6

Jan.

15

12*
12

Feb.

52*
62*
162*
2*
42*

Feb.

73

16

82

Feb.

12*
92*

Feb.

50
89

18

Sale
2*
Sale

24

Feb.

12*
62*

92*

3

Jan.

8

45

Sale

582* Jan.

7
28

1

62*
102*

3

Jan.

5

542* Feb. 21
42* Jan. 10

Feb.

2

2*6

30

Feb.

72* Feb.

172* Feb.

93

30

Jan.

3

172*

79

Jan.

4

93* Jan.
8
% Feb. 29
273* Feb. 29

2

17

15

43* Jan.
19

Feb.

9
14

193* Jan.

5

32

Feb.

8

Jan.

16
3

43* Jan.
2
13* Feb.23
272* Feb. 23
92

Feb.

21

2

Jan.

3

Jan.

24

11

Feb.

27

16 2* Jan.

12

13*
12*
3*
183*
263*

18

172*
13*
13*
12*

Jan.
Jan.
Jan.
Feb.

17
2
4
1

8

22

Jan.

2

8

263* Jan.

Jan.
Feb.
Jan.
Feb.
Jan.

23
3

8

10

12*

13*

14 J*

1

42i»

132*
7 2*
42*

143*
Sale
52*

112*

113*




Feb.

45
Feb.
442*
46
3 2* Sale
3
Feb.
32*
79
Feb.
Sale
812* Sale
120
1182* 1192* 1182* Feb.
1 2* Sale
Sale
12* Feb.
35
Feb.
Sale
342*
352*

Sale

12X

53.

Sale

172*

Am dep rets ord reg
£1
Divco-Twin Truck Co com—1

page

54

37

Sale

25 2*

8

Sale
5

-*

—

24
24

21

76

52* Feb.

25

Sale

572* Feb.
52* Feb.

1

82*

«

19

1

4 2*

22

Feb.

4

lH *2,H
Sale

352* Feb.
2*6 Feb.

Sale

1

5

1

3

Sale
3*6

Sale

102*
162*
12*
12*

9

11

2 104

Feb.

362*
2*

il»

50

16

2* Feb. 13
42* Feb. 29

352* Sale
2*6 Sale

2*
62*
102*

Sale

Jan.

83* Feb.
2* Jan.

13

89

32*

68

92* Feb. 28
2*6 Feb. 29
272* Feb. 29

1

2 100

52* Feb.

46

28

Jan.

46?* Feb.

92*

22*

452*

Feb.

110

7

97"

Sale

84 2* Feb.
92
Feb.

Sale

5

IX

99

3

90

Sale
Sale
Sale
22*
2
8

16

44

41

12*
52*

222*
5X
2*
12*
12*
72*

Feb.

12

113 2* Feb.29
76
Feb. 28

1

12*

732*

50

2*8 Feb.
12* Feb.
402* Feb.

5

Sale

58

Jan.

Feb.

Sale

IX
Sale

Sale

2

10

12

29

IX
52*

1%

Feb.

6

Jan.

1

12* Feb.

32*

72

1

5

Jan.

15

Feb.

1

542* Feb.

52*

Jan.

7

Feb.

5

3

1

9

Feb.

4

13
2 116

7

Feb.

292*
13*

*
Dominion Tar & Chemical—*

kly*
97

Sale

4

5

32* Feb. 17
62* Jan. 25

12

66

282*
12*

Dominion Textile Co com

Sale

9

Jan.
Jan.
Jan.
Jan.
2 3* Jan.
2 3* Jan.

16

13

x

X
2*
82*
23*

29

Feb.

32* Feb.

682*
Sale
72*

*
5

Dominion Steel & Coal B —25

Sale

42*
562*
43*

9

83* Feb.
2* Feb.
213* Feb.

Feb.

2

68

3X

2

92*

2

22* Jan.

Feb.

13

3X

1

2

Feb.

2*« Sale
12* Sale

162*

5

78

Sale

X

2

Feb.

12*13*
4 2*
42*
52* Sale
79
81

'u

95

16

2

12*
42*
52*

Sale

3X
Sale
117
117X
IX Sale
362*
372*

Feb.

22* Feb.

2* Feb. 14
2
2* Jan.
53* Feb. 23

2* Feb.

8

22*

2%
81X

2

8

15

Highest

Sale Prices
Sale Prices
109
Feb.
5 115
Jan.
8

2* Feb.

73*

Sale

Sale

22*
22*
22*

62* Feb.
22* Feb.
22* Feb.

272*

7

2X

17 X

5 1102* Feb.

8 Feb.
52* Feb.

Sale

Sale
22*
32*

Sale

S4-i

92*

44

662*

IX
Sale

Feb.

4

452*

Sale

IX
42?*

12*
12*

Feb.

Lowest

14
10
23

104
902* 100
72* Sale
62*
63*
15
162*
3*6
2*
2*
42* Sale
5

64

7X

109

Sale

10

7% preferred
Diamond Shoe Corp com
Distilled Liquors Corp

110 Draper Corp

see

Sale

79

IX

100 Dobeckmun Co common
Dominion Bridge Co

100

Sale

Sale

6X

Distillers Co Ltd—•

100

X
232*

83

AX

Highest
Sale Prices

Sale
62*

2,

9

Sale
42*
53*
802*

2
AH

40

1.000 Detroit Gasket & Mfg Co—-1
6% preferred w w
20
400
2,600 Detroit Gray Iron Fdry com.-l
1,000 Detroit Mich Stove Co
2,400 Detroit Paper Products._ —
Detroit Steel Products
«.*
3,600
De Vilbiss Co common
--10
10

400

1,300

52*
12*
3

is

y

50
100

4,500 Derby Oil & Ref com
A conv preferred

3,600

2*
42*
45

.8

Sale

Lowest
Sale Prices

42*
32* Feb. 17
2
63*
72*
62* Feb.
Sale
102*
12
Feb.
1
112*
Ill
Feb.
1142* xll3 2* Sale
8
76
Sale
Sale
3
712* Feb.

5

Curtis Mfg Co (Mo)

1,300 Daroy Petrol Corp

600

52*

10

100
160 Cuneo Press 61*% pref
Curtis Lighting Inc com——*

30

9,000

43 X

1X

872*

X
3%

3X

2,500 Colon Development Co Ltd-Is
1,100
6% convertible preferred £1
4,600 Colorado Fuel & Iron warr
2,750 Colt's Patent Fire Arms Mfg 25
Columbia Gas & Elec Corp—
2,075
5% preferred
100
1
21,300 Columbia Oil & Gas com
75 Columbia Pictures Corp
*
Commonwealth & Sou Corp—
w &F,r<]LIVt/S
26,700
1,100 Commonwealths Distribut—1
5,175 Community P & L $6 1st pf._*
Community Public Service—
Common
25
6,450
400 Community Wattr Serv
1
Compo Shoe Machinery—
V t c ext to 19461
2,100
Conn Gas tc Coke Security—
$3 preferred
25
*
1
1,200 Consolidated Biscuit Co

$6 preferred A

Sale

931* Sale
5X Sale

8X

370

82*
2*
212*

60

*

7,800 Cosden Petroleum
5% preferred
1,600

3,600
1,100

73

54

—

4,200 Cooper Bessemer Corp com—*
$3 prior preferred
700
*
*
6,500 Copper Range Co
5
16,800 Copperweld Steel com
5c
800 Cornucopia Gold Mines
1
1,400 Corroon & Reynolds

1,100
4,300

Sale

91*
10
X
X
23 X Sale

1
3,300 Continental Oil of Mexico
3,500 Cono Roll & Steel Fdy com...*
2,550 Cook Paint & Varnish Co.---*

"2",200

""500

72

111

58
6

3,000 Cons Retail Stores Inc com—1
20
8% preferred
100
10
1,200 Consol Royalty Oil
5,000 Consol Steel Corp common...*
1,150 Cont'l G & E 7% pr pref.-.100

1,400

" Sale"

57%
5%

8,400 Con Gas E L & P Bait com—*
520
41*% series B pref
100
1
18,500 Consol Gas Util com
5
3,800 Consol Min & Smelt Ltd

3,200

6,400
3,000
3,900

110

*»*•

2,450

ig

Ask

52*

22*

*
*

1,900 Cohn & Rosenberger com

600

2

12

*

*
*
100
600 Clinchfield Coal com
2,100 Club Aluminum Utensil com_*
*
50 Cocks hutt Plow Co Ltd

700

1092* 1092*

3*« Sale
/*# Sale
52i
7
22*
22*
222*

41*
71*

6 X

4%

3,250 Cleveland Elec Ilium com
21,900 Cleveland Tractor com

1,000
14,900

950

4

1
5,600 Claude Neon Lights com__— 1
600 Clayton & Lambert Mfg Co--*

300

107

x
1* Sale
71*
9
2 X
3 1*
2X
3X
2X
3

10

Preferred B

5,300 City Auto Stamping Co
100 City & Suburban Homes
50 Clark Controller Co

"3~, 600

Ask Bid

42*
552*
52*
52 2*

common

300

Bid

%

Conv pref opt ser
Chamberlin Metal Weather

500
Strip Co
5
1,050 Charis Corp common
10
150 Cherry-Burrell Corp com
5
900 Chesebrough Mfg
25
3,650 Chicago Flexible Shaft Co—5
1,800 Chicago Rivet & Machine
4
1,000 Chief Consol Mining Co1
2,025 Childs Co preferred
100

110

109

Feb. 29

Feb. 1
Ask

Bid

100
100
100
1929--100

7% preferred
6% preferred
Conv preferred

1

Jan. 2

1940

stocks

RANGE SINCE JAN.

Price

new york
curb exchange

12,200
6,100
250

43

PRICES IN FEBRLARY

In

425

exchange

113*

122*

27

261*
IX

28

13 X

141*

9

41*

262* Feb.

26

72* Feb.
43* Feb.

1

92* Feb.

28

9

4 3* Feb.

9

73* Jan.
43* Feb.

112* Feb.

2

112* Feb.

8

113* Feb.

Feb".

26

272* Feb. 26

262* Jan.

17

Jan.

15

13 2* Jan.

^

28

IX

Sale

4X

26

35

11

112*

13 2* Jan.

93* Feb. 28
43* Feb.
9

122* Jan.

3

67
4

76"" "77""

77" ~80"~

73

5,2*
76

75

78" ""Feb". "8

75

Feb.

26

78

Jan.

11

NEW

44

YORK

EXCHANGE

CURB

AQOREGATE
SALES

PRICES IN FEBRLARY

Since

NEW YORK

Price

CURB EXCHANGE

Jan. 2

1940

Jan. 1

STOCKS (Continued)
Par
700 Driver Harris Co common—10
10
7% preferred
—
100
1
4,400 Dubilier Condenser Corp
—100
450 Duke Power Co
*
4,000 Durham Hosiery cl B com
1
2,900 Duro-Test Corp common
— *
4,000 Duval Texas Sulphur.

Bid

10
12,200 Eagle Picher Lead Co
*
5,800 Eastern Gas & Fuel Assoc
6% preferred
100
9,750
4%% prior preferred
100
7,475
150 Eastern Malleable Iron Co.-25
*
1,200 Eastern States Corp com
750
$7 preferred series A..
*
$6 preferred series B
*
1,725
5,000 Easy Washing Mach class B.*
709 Economy Groc Stores com—*
1
12,600 Eisler Electric com
5
214,800 Electric Bond & Share
$6 preferred
15,200

12

Shares

29

VA
Sale
a

%

1

2 %
6%

2%
7

1 %

134
77

Sale
24 Sale
2%
2%
7%
7%

Sale

10

Sale

3 % Sale
1934s Sale

3
19

Sale

44

Sale

334

4434

4424

%
1624
16%
324

%
17%
17%
4

o

18

Sale

17%
4

Sale
Sale

17 J*

16

17

1

18%
1% Sale
7% Sale
67% Sale

67

59

Sale

56%

3
12 %

Sale

1

134
1%
6% Sale
Sale

5724

"234 "224

13%
Sale

12%
1%

14%
1%

Watch Co—15
Elec 6% pref--100
Empire Gas & Fuel 7% pf.100
8% preferred
100
6% preferred
100
6 % % preferred
100
Empire Pow Corp part stk—*
Emsco Derrick & Equip Co.-_5
Equity Corp common
10c
$3 conv preferred
1
Esquire Inc
1
Eureka Pipe Line
50

24

Sale

100 Empire Dist

76

85

75"

§5"

6334*

70

68

69

61

70

68%
64%
64%

70%
66
65%

26 %

28%

25

27

23%
434
22%

Sale

1
1

11

Sale

1

734
23%

"724

670

64
60

-

100

350
1.600

27,100
3,375
8,500
600

14.300 Fairchild Aviation

com

105,600 Fairchild Enigne & Airplane.
2.600 Falstaff Brewing

_

10%

12

5
2,000 Fedders Mfg Co common
Fed Compress & W'house—25
""200 Fiat Amer dep rets

634

Froedtert Grain &

$3

conv

1734

£1

224

Feb.

6

28% Feb.

1%
74%
24
2%
7%

Feb. 10
Feb. 29
1
Feb.
Feb. 28
5
Feb.

1% Feb.
77
Feb.

1024
2%
1824

Sale
Sale
Sale

10

Feb.

10% Feb.
3% Feb.
19% Feb.

9

10

6

48

Sale

48

Feb.

29

2% Feb. 20
17% Feb. 23
42% Jan. 15

9%
%
19%
19%

Feb.

6

Feb.

6

Feb.

5

% Feb. 29
16% Jan. 30

Feb.

5

16

Feb.

28

24
2%
•7

27% Jan.
108% Jan.
1% Jan.

9

16

18

15%

16

16

924
% Sale

17%

Sale
1%

4
16%
1% Sale
6% Sale
6524 Sale
57% Sale
14 34
16%
234
2%
14%
12%
1%
n%
24
2534
3%

80

6624
67%
66%
66%

4%

Sale
28 24

24

Sale

13

Sale

13

11

"7% "8"
6%
9%

2^'

67

Sale
1024

Sale

6%

69%

Sale

1%

6%

5#

1%

3%
1

14%

31

Feb.

8

14% Jan.
2% Feb.
12% Jan.

27

20

8

8
4

20

Jan.
Jan.

14

1

Feb.

27

23

Jan.

29

24

Jan.

Feb.

24

77

Feb.

24

79

Feb.

24

69

Feb.

63% Jan.

5

69

Feb.

23

7
15

65% Jan.

13

60% Jan.

6

5

Feb.

8

10% Feb.

14

Feb.

27

Feb.

10

25*'

6
4% Feb.
23
26% Feb

6

Feb.

2

Feb.

29

12

Feb.

14

26

Feb.

1

Feb.

7
1
1

9

15
27
28
8

13

26

Jan.' 13

Feb.
Feb.
Jan.
Jan.
Jan.

1

11

Jan.

10%
5%
7%
23%
10%

Feb.

26

Feb.
J n.
Jan.
Jan.

29

29

8

12
14
2

15

Jan.
Jan.
Jan.
Jan.

4

Feb.

2

Jan.
Feb.
Feb.

Feb.

12

%

6

Jan,

Feb.

70

8
27
10
6
23

29
10
29

5

16% Jan.

3
23
8
2
10

2

3% Feb.
1% Jan.
14% Feb.

21

10% Jan.
19% Feb.
32% Jan.

19
17
26

Jan.

12

27% Feb.

14

30

15% Jan.

10 110% Jan.
2 10.3
Jan.
5
17% Jan.

15% Feb.

Feb.

20

1524 Feb.

5

15% Feb.

5

Feb.

1

2
334 Feb.
2
1 % Feb.
21
14% Feb.

2% Jan.
1% Jan.
12% Jan.

10% Feb.

2

17

9% Jan.
17% Jan.
27% Jan.

15

19% Feb.

2
1% Feb.
14% Feb. 21

Feb.

12% Jan.
5
6% Feb. 15
8% Feb. 27
24% Feb. 28
14% Jan.
8
7
Jan.
8

23

Jan.

Feb.

4% Feb.
26% Feb.

2

9%
%6
67%
13%
105%
96%
15%
15%

15% Feb. 21
110% Feb. 13

25*'

3

29
2

19 101
16
5

27

Jan.

10%
%
23%
4%
23%

Feb.

29

Feb.

Jan.

25

6

Feb.

70% Feb.
67% Feb.

4
3
30
5
2
24
7
15
27
27

64

10

% Feb.
70

1% Jan.

17

3

Jan.

3% Jan.

12

Sale

Sale
134
15%

5

61%

Feb.

Feb.
Feb.
Feb.
Feb.
Feb.

Feb.

z

Jan.

79

6%
8%
24%
14%
6%

100

23

Jan.

24

29
5

13% Feb.
110% Feb.

Feb.

70

6

Feb.

Sale

5
25

2

Jan.

12

Sale

2

57

26

it

Jan.

29

9

Feb.
Feb.
Feb.
Feb.
Feb.

68

5

Jan.

18
20

Jan.

24

20

10% Feb.
% Feb. 29
23% Feb.
4% Feb. 26
24% Feb.
9

a

Feb.

1% Feb.
6% Feb.

Feb.

25

12

Jan.

17%

5

Feb.

39

Jan.

8

Feb.

8

Jan,

18

65

8

10

Jan.

13

Jan.

13

16

9

48

%
19%
19%
4%

13

8
2% Feb.
13% Feb. 21
7
1% Feb.

Jan.

12% Jan.
3% Jan.
22% Jan.

16

Feb.

3% Feb.

23

Feb.

Sale

1

Feb.

66

10%
5%
724
23%
11%

9

11
3

1% Jan.
2% Jan.
7% Jan.

Feb.

16

25

12

Sale

1

70% Feb.
67% Feb. 27
67% Feb. 27

6424 Feb

77

7% Feb.

II*

Feb. 26

Feb.
Feb.
Feb.
Feb.
Feb.

Feb.

2

1% Feb.
2
6% Feb. 29
Feb.
5
57% Feb.
6
14% Feb. 26
2% Feb.
8

4
22

29

% Jan.
2% Feb.
6% Jan.

16% Feb. 13

65

35

110% Sale
100"
10024 Sale
16
16
15%
16
17%
1524
3

15

Sale
Sale

14

8

Feb.

70

25%

26

324 Feb.
16

90
68

Sale
69
25
28%
9%
10%
% Sale
25

Feb. 28

Jan.

108% Jan.
1% Jan.

11

74%'Feb.

% Feb.
2% Feb.
7% Feb.

1

2% Feb. 20
17% Feb. 23
4424 Feb.
2
9
Feb. 16
% Feb. 29
17% Feb.
2

10% Sale
5.34 Sale
8%
8%
24 24
23 24

10%

5

1
*
100

stock

*
*

30 Gamewell Co $6 conv pref
Gatineau Power Co com

90
5% preferred
100
-*
1,700 General Alloys Co
General Elec Co of Great Brit
American dep receipts—-£1
500
*
5,700 General Fireproofing com
*
20 General G & E $6 pref B
1'
2,800 Gen Investment Co com

*

$6 preferred

200

24

23%
12%
624

1

-

1

4% conv preferred.

50

4% Sale
25%

24

Sale

17

1
15

Partic conv preferred
4,300
24,000 Fruehauf Trailer Co
225 Fuller (Geo A) Co com--

325

Highest
Sale Prices

9

9

2
9

Malting—

Common

1,800

Sale

1034
%
%
6734
68%
1534 Sale
107% Sale
9624 Sale

64,200 Fisk Rubber Corp common... 1
6% preferred
100
17,570
4,300 Florida Power & Lt $7 pref..*
7,200 Ford Motor of Canada cl A—*
Class B voting
*
200
Ford Motor Co Ltd—
Amer dep rets—Ord reg
200 Ford of France Am dep rets. .
350 Fox (Peter) Brewing Co.

1034 Sale

23$ 24*

9

10

9,000

Sale

%> Sale

2,100 Fanny Farmer Candy com—
20,900 Fansteel Metallurgical Corp.

9,000 Fidelio Brewery
610 lire Assoc of Phila

Lowest
Sale Prices

28

16

450 Elgin National

400

Highest
Sale Prices

124
Sale
1
Sale
7%

29

1%
74 34

9

$5 preferred
*
2,900
1,650 Electric Power & Lt 2d pf A—*
Option warrants
2,200

1,000

Lowest

107% 111

nVA
75

—

500 Electrographic Corp com
2,942 Electrol Inc vtc

31

r

Ask

24 Ask Bid
28
2734
2924

Bid

1

Sale Prices

Feb. 29

Feb. 1
Ask

RANGE SINCE JAN.

10%
10%
17'%
1724
27% Sale
19
19%
Sale
Sale

26
41

10

1534

10% Sale
18% Sale
30% Sale

10%
1024
1934 Sale
2924
30%

17

19

16

18

17

25%
39

27
42%

22%

23

22

39

41

85%
1124

90
12%
7724
1%

1234

13%

73

"134 "1%
14 24
14 24
39
48
% Sale
14%
13%

60

45

10% Feb.
18% Feb.
29% Feb.

"T% "134
1534
14%
20

1%

Sale
15

16

30

20

%

%
45

60

16%

16%
Sale
35

53*' 58*

19
6
26

Feb. 26
Feb. 28

4

2

32

Feb.

18

Feb.

8

17

Feb.

26

27% Feb.

14

22

Feb.

28

41

Jan.

2

41

Jan.

2

85% Feb.

15

87

Jan.

25

78

Jan.
1% Jan.

27

9

19

85% Feb.

15

85% Feb.

27

Jan.

5

1% Feb.

7

1 % Feb.

6

1% Jan.

30

1
15% Feb.
16% Feb. 29

14% Jan.
13% Jan.

11

Feb.

19

73

1
15% Feb.
6
14% Feb.
25
Feb. 19

25

5
%6 Feb.
50
Feb. 15

% Feb. 21
55% Feb. 16

Feb.

19

25

19

% Jan.

2

Feb.

15

50

3

15% Jan.
1
16% Jan. 29
25
Feb. 19
% Feb. 21
55% Feb. 16

arran«...

""550f Gen Outdoor Adv 6 % pref. 100

85

Sale

3824 Sale
24
134
134
1%
7434
76

24
1%
73%

1
Sale
7324

5134 Sale

5034

50%

.

600 General Pub Serv $6 pref
200 General Rayon A stock.

3.300 General Shareholdings
conv preferred
—
680
General Telephone Corp—

*
*
1

*

87%
39

%
1%
73

88
42%
1
1%
Sale

8
Feb.
Feb. 13
Feb. 28
1
Feb.
72% Feb. 10

84%
39%
%
1%

87% Feb. 26

4

75

Jan.

Feb.

19

35

Jan.

% Feb.
1% Feb.
74% Feb.

28

23

5

% Jan.
1% Feb.
72% Jan.

17

50% Feb.

16

49% Jan.

11

44

13

13
1

87% Feb.
Feb.

26

% Jan.
1% Jan.

23
3

77

Jan.

3

52

Jan.

4

44

19

~

conv

3,300

General

preferred

*

*
*
*
*

preferred

1,900 Georgia Power $6 pref
$5 preferred-.
40
500 Gilbert (A 0) Co com
Preferred.70
100 Gilchrist Co

*
*

--

104%

38,800 Glen Alden Coal Co
250 Godchaux Sugars class A

'

Class B

120
$7 preferred
3,100 Goldfield Consol Mines
25 Goodman Mfg Co
Gorham Inc class A com

97%

"98%

101%

5%

6%

5%

7%

*

24

*

9

*

98

1
50
*

5,100 Gray Manufacturing Co
10
350 Gt Atl & Pac Tea 1st pref. .100
Non-voting common stock.*
2,175
2,500 Great Northern Paper Co—25
2,300 Greenfield Tap & Die com—_*
Grocery Stores Prod—

200

26,200
300
320

25c
Grumman Aircraft Engineering
Corp common
1
Guardian Investors common.1
Gulf Oil Corp.
25
Gulf States Util $6 pref-. ——*
Common

$5.50

preferred

Gypsum Lime & Alabastine.

3,900 Hall (C M) Lamp Co
2,100 Haloid Co—
Hamilton Bridge Co com
""500 Hammermill Paper Co com.
200 Hartford Electric Light
3,300 Hartford Rayon com vtc..

%

%

1%

1

15%

$3 preferred

Sale
27
Sale
105

2534

35,100

1034
Sale
5%
42

4%

5

424

*

1,900

39

45

40

3,400 Gorham Mfg Co common—10
300 Grand Rapids Varnish Corp..*

"'375

9%

9

8%

534

*

Gladding McBean & Co

1,100

10

Tire & Rubber—

6% preferred A.
100
300 Gen Water Gas & Elec com—1
230
425

50% Feb.

524
9
131
110
44

17
26%
7
Sale
132
Sale
44 24

•8%

234
16

..5
..5
*

7

23
23%
2434
10
834
8%
100
99% 102,
%6 Salle
23
1

1

II*
18*
135

42

Sale
26

9%
Sale

%
27%

113

43%

234

2%

2% Sale

5%

11

14

'67

70

x7 %

9
4
4

Jan.

10
4

4% Jan.

3

3
15
2
23

24

6

Feb.

26

45

3

7% Feb.

1

6% Feb.

15

8

Jan.

24

Feb.

28

23 % Jan.

11

24

Jan.

9

Feb.

23

8% Jan.
100
Feb.

19

9

Jan.

15

Feb. 20 101

100

%6 Feb.

1

Feb.

28

25

Feb.

6

% Feb.

8

Feb.

28

25

Feb. 26

Feb. 29

20 102

17

%6Jan.

8

Feb.

28

25

Feb.

28

15%
25%
6%
8%

Feb.
Jan.
Jan.
Feb.

26

15%
27%
6%
11%

Jan.

16

130

Jan.

109% Jan.

4

22

21

5 135

Jan.
Jan.

7% Jan.

20

8% Jan.

3

2% Jan.

12

17% Feb.

21

15

14% Jan.
% Jan.
34% Feb.

23

Feb.

27 112% Feb.
Feb. 29 111% Feb.

1

112

1

109% Jan.

11

6

37

Feb.

Jan.

46

17% Feb. 21
% Jan. 12
39% Jan.
4
23 114
Jan. 11
12

8

111% Feb.

28

Feb.

1

5% Feb.
14% Jan.

19

18

23

29

Feb.

1

28

Feb.

23

30

70%
1%
%
1%
7%

Feb.
Feb.
2
Feb. 28
Feb. 29
Feb. 29

69

Sale
16%

29

Sale

27%

28%

28

Feb.

69

71

69%
1%
%
1%
6%

Feb. 21
Feb. 13
Feb. 23
6
Feb.
Feb. 17

1

7% Feb. 28
Feb.
1

7% Feb.
18

15%

Jan.

29

8
5% Feb.
15% Feb. 27

Sale

9
19
30
11
8

Jan.

3 114

12

Feb. 29

6

Feb.

30

2% Jan.

Feb.

Feb.

Jan.

40

5

5

Jan.

%6 Jan.
25

2% Feb.

2% Feb.

15
Sale
16% Sale
%
%
Sale
34% Sale
34%
rll2
Sale
112% 114
109%
Sale 109% Sale
2%
5
5

6%

Feb.

24
8
40% Feb.
5
101% Feb. 13
90
Jan. 16

22 105% Feb.
23
9% Feb.

6

8% Feb.

17

5%

45

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Feb. 28

6% Feb.
24

„

36%
112%
11134
2%

Feb.

2|l

15% Feb.
6
27% Feb.
9
9
6% Feb.
Feb.
15
21
9% Feb.
Feb.
2
Feb. 10 x!35 Feb.
Sale
Ill
Feb. 10 114
Feb. 13
3
43% Feb. 29
41% Feb.
Sale
8% Feb.
7% Feb. 13
8%

224

5

42

6

103%
9%
5
39%
13
98%
87%
10
5%
13
40%
4%

6

8

i/

Feb.
Feb.

6

5%

834

15%

104% Feb. 29 105% Feb.
8
9% Feb.
9% Feb.
40
Feb. 13
40% Feb.
1 101% Feb.
101% Feb.

1%
1%
16
15
16%
15%
Sale
26
26
26%
6%
7%
6%
7%
9
10%
9%
8%
13624 133% 135% 133%

11134 113
41

"

46

4%
5%

7%

Sale

5%

43*

9

%
34
3824 Sale
112% Sale
109
112
2%

Sale

7

9

40%
101%
89%

Sale
§*/.
Sale
Sale
91

—

500 Hartman Tobacco com

.10
.25

-1
*

-1
2,700 Harvard Brewing Co
-1
2,700 Hat Corp of Am clB com...
Haverty Furniture Cos—
Conv preferred

For footnotes

see




page

53.

1%
34
1%
6%

1%
%
„

124

Sale

68%
124
34
1%
6

71
1%

1%
7

1%
%
1%
7%
20

1%
%
Sal*
Sale
30

Jan.

27

1% Feb.
% Jan.
1% Jan.

13

6

13

Jan.

9
3

Jan. 22
70% Feb.
8
1% Jan. 10
% Feb. 28
1% Jan.
3
7% Feb. 29

March, 1940]

NEW

CURB

YORK

AGGREGATE
SALES

45

EXCHANGE

PRICES IN FEBRLARY

3,600
6% conv preferred
29,600 Heela Mining Co
1,500 Helena Rubenstein Inc

50
25c
*
*

A

1,100 Heller (W E) & Co common.-2
250
7% preferred w w
25
100
7% pref ex-warrants
25
1,300 Hewitt Rubber Corp com
5
5,275 Heyden Chemical Co
—10
1,450 Hires (Chas E) Co class A
*
1,-400 Hires (Chas E) Co cap stock--1
1,500 Hoe (R) & Co class A
—10
7,600 Hollinger Consol G M
5
1,000 Holophane Co Inc common. _*
Holt (H) & Co class A part.-*
25 Horder's Inc
450 Hormel (Geo A) & Co com—
Horn (A C) Co common

""""io

Ask

Bid
28

293*
Sale

2

16 V*

1%
83*

183*
63*
53*
8 5*
8 3*

Sale
68

693*
Sale

50

Ask Bid

Bid

263*

29

18*

Sale

29

9k
83*

19/*
72

123*

6,700 Hummel-Ross Fibre Corp
5
Hussman-Ligonier Co,
*
JHujler's of Del common
1
3,050
7% preferred stamped—100

133*

3

323*
13*

20

Sale

63* Sale
73*
103*
93*
103*
263*
273*
26 «
273*
123*
78 K Sale

ilH

35

23*

*20"" "213*
7

Sale

67

i?K
7H

Sale

12

7

7%
83*

2

3

7% pref unstamped
100
Hydro-Elec Secur common—*
6,400 Hygrade Food Prod
5
2,300 Hy grade Sylvania Corp
*
*
7,500 Illinois Iowa Power Co
21,700
5% conv preferred
50
Div arrear ctfs
11,900
75 Illuminating Shares Co A
*
Imperial Chem Indus Ltd—
Am dep rets ord reg. — --£1
1,300
20,000 Imperial Oil (Canada)--.-—*
2,200
Registered..
*
4,000 Imperial Tobacco Co of Can..5
1,400 Imp Tob of Gt Brit & Irel-_£1
2,600 Indiana Pipe Line
10
540 Indiana Serv Corp 6% pref. 100
470

23*
283*
33*
233*
53*
59

33*
Sale
Sale

Sale
Sale
Sale

243*

53*
153*
153*

A

6

9

23*

3 3*

23 3*
5
62

175

7% preferred
—100
10
6,900 Insur Co ot North Amer
*
2,300 Internat Cigar Machinery
3,000 Int Hydro-Elec $3-50 pref—50

Sale
65

3*

93*
713* Sale
213*
223*
123* Sale

213*

713*
Sale

14

Sale

10

Feb.
2
Feb. 21
Feb. 20
Feb.-13
Feb. " '

Jan.

5

Jan.

30

Feb.

15

Jan.

23

Jan.

3

10

Feb.

Jan.

17

263* Feb.

Jan.

11

Jan.

9

2h

18*

273*
263*
123*
793*
553*
213*

Jan.
Jan.

20

Jan.
Jan.

2
27
10

9

26

Jan.

22

Jan.

2

Feb.

Feb.

28
9

17
4

12

Feb.

6

Feb.

26

J*

Jan.

113* Feb. 26

Jan.

20

Jan.

26

14

Jan.

22

143* Feb.
9
35
Feb. 23

143* Feb.
29% Jan.
Jan.

113* Feb. 13
72

Feb.

1

553* Feb.
1
203* Feb. 28
7

Feb.

363*

34

9

Jan.
Feb.

8

Feb.

125

120

Feb. 26
Feb.
Feb.

2

Feb. 26
Feb. 23

383*

23*
33*
233*
243*
43* Sale
63
Sale

5
233* Feb.
43* Feb. 27
63
Feb. 29

3

23*

23*

63*
113* Sale
113*
113*
123*
123*
243* Sale
53*
63*
14

Feb.

3

133*
13
1103* Ill

110

3*
3*
At

13*
13*
3*

103*
703* Sale
213*
22
93*

Sale

11

21

10

16

110

Feb.

14

623* Feb.
53* Feb.

8
103* Feb.
103* Feb. 10
7
23* Feb.
9
23* Feb.
40
Feb. 14

3 3* Feb.
253* Feb.
•63

Feb.

6

Feb.

10
7

113* Feb.
123* Feb.
243* Feb.
63* Feb.
Feb. 14
13 3* Feb.
5
Feb.
133* Feb
2 1113* Feb.
Feb.

2

Feb. 27
Feb. 19
Feb. 16
7
Feb.
5
Feb.

Feb. 20
Feb. 20
3
At Feb.
93* Feb. 21
703* Feb. 27
1

1

Feb. 15
Feb. 28

11

9

15
15
29

53* Feb.

.

21

333* Jan.

Feb.

12 3* Feb.

Feb.

6

113*
113*
123*
233*
53*
12

353* Feb.

15 Ill

Feb. 16
Feb. 16
7
23* Feb.
2
23* Feb.
3
323* Feb.

13*

9

Jan.

23*
213*
63*
63*
103*

Sale Prices
29
Jan. 17
Jan. 11
Feb. 21
Jan. 11
m Feb. 13
Feb. 14
Feb. 20

143* Feb.

9

35

Feb.

23

27 120

Jan.

27

13*

10*
1113* Sale

Hughest

Prices

Jan.

32

38

Sale
243*

i

Feb. 21
Feb. 27
Feb.
1
Feb. 17
Feb.
1

143* Feb.

i^

.*
71

23*

Sale Prices
29
Feb. 26

123*
793*
553*
213*
73*

16 3*

2

113* Sale
113*
123*
12 3* Sale
23 3*
243*
53*
63*

13*

Feb.
Feb.
Feb.
Feb.
263* Feb.

113*
123*
63*
133*

Sale^
35

-

63*
53*
93*
83*

#

3

Class B stock

900 Industrial Finance vtc

Feb.

34
343*
343*
1103* 1113* 110
Sale
16
14
Sale
60
593*
583*
5
53*
43*
12
123*
3*
93*
9
11
103*
93*
93*

Sale
Sale
Sale

3*

10

323*

12

111

860

23*
29

113*

23

5

2

60

13.

61

103*
3*

500

73*
113*
133*

z283* Feb. 29
23* Feb. 29
18

Lowest

Highest

Sale Prices

Sale

111

300

"A" stock pur

Sale

z283* Sale
23*

118

"i",6o5

Non-voting class

113*

11X8 Sale
133*
123*

Horn & Hardart Baking Co—
& Hardart common

150
5% preferred
100
700 Hubbell (Harvey) Inc—-—5
23,700 Humble Oil & Refining
*

500

83*

Lowest

Ask

553* Sale

2,050 Horn

1,800

Sale

Sale"

31%

13*

23*

63* Sale
53* Sale

"8 k
113*
123*

Feb. 29

Feb. 1

1940

Shares
stocks {Continued)
Par
900 Hazeltine
Corp
*
2,100 Hearn Dept Stores common, _5

Class

1

Jan. 2

Jan. 1

950

RANGE SINCE JAN.

Price

new york
curb exchange

Since

24

29
20
2

12

353* Feb.
Feb.

1

12

16

585* Feb. 26
4 3* Feb. 23

68

Feb.
Jan.

27
4

3* Jan. 13
5
73* Jan.
83* Jan. 20
7
2 3* Feb.
3
23* Jan.
Jan.

29

3

3
Feb. 21
2
233* Jan.
45* Feb. 27
4
603* Jan.

Jan. 25
Feb. 27
Feb. 19
Jan. 16
Jan. 17
5
5 3* Feb.

53*
113*
113*
123*
223*
12

Feb.

14

5 3* Jan.

2

Jan.

22

3*
105*
103*
2%

7

Jan.

Feb.

29
14

Jan.
4
26 3* Jan.

11
5

63

Feb.

29

6

Jan.

18

Jan.

3

Jan.

3

125*
123*
13 3*
243*
65*

Jan.

3

Feb.

29

Feb.

27

16

Jan.

8

163* Jan.

11

Jan.

5

Feb.

5

Jan.

2 113

20

4

63* Jan.

13

20

10

3

Ill

Feb.

8

Feb.

40

8

Feb.

Feb.

Feb.

10

3
At Feb.
93* Feb. 21
733* Feb. 16

7

15 111

Feb.
Jan.

3* Jan.
3* Jan.

30

1

Feb.

20

31

1

Feb.

20

At Jan.

3

Jan.

8

9

16
3* Jan
9% Feb. 21
Feb.

16

Feb.

6

21

Feb.

15

22 3* Jan.

10

123* Feb.

1

11

Feb.

28

153* Jan.

8

13* Feb.

1

11

Feb.

14

23*
193*
193*
43*

Feb.
Feb.
Feb.
Feb.

2

7

13*
93*
13*
173*

Feb. 28
Feb. 26
Feb. 28
Jan. 15

7

18

Feb.

1

43* Jan.

19

22

703* Jan.

5

735*

warrants

"3~, 666

Internat Industries Inc

1,000
40,700
39,700
2,000
2,200

Internat Metal Indus cl A

1
*

Internat Paper & Pow warr_.
Internat Petroleum com
*

---*

Registered

Internat Products common...-*

1,400 Internat Safety Razor cl B—-*
*
2,200 Internat Util class A
Class B
1
5,100
1.75 preferred
700
*
3.50 prior preferred
*
1,050

13*

13*

13* Sale
9
Sale

8

23*

Sale
Sale

18

173*
43*

183*
53*

36

3*

8% si*
18

19

323*

343*

23* Sale
173* Sale
Sale

18

43* Sale
3*
H
9
At Sale
16
173*
333* Sale
83*

2

183*
183*
183* Sale
43*
43*

3* Sale
83*
93*

14* 1.*
323*

30

13* Feb. 28
93* Feb. 26
13* Feb. 28
1
173* Feb.
1
18
Feb.
43* Feb. 27
9

3* Feb.
83* Feb.

14

3* Feb.

5

Feb. 28

14
32

Feb. 20

1

% Feb. 21
Feb.
3* Feb.
15
Feb.
333* Feb.
9

6

3* Jan. 31
83* Jan. 25
5
3* Feb.

7
13

14

Feb. 28

13

32

Feb.

20

35* Feb.
83* Feb.

19

3

Jan.

9

13

Feb.

16

33*
3*
173*
173*
At

Feb. 24
7
Feb.
Feb. 20
9
Feb.
Feb. 29

13* Jan.
3
123* Jan. 17
3
Jan.
2
19 3* Feb.
7
193* Feb.
7
5
Jan.
4

% Feb. 21
Feb.

6

3* Jan
183* Jan.

6
5

9

Jan.

8

35* Feb.
85* Jan.
13
Jan.
53* Jan.
3* Jan.
173* Feb.
173* Feb.

19
19
20
3
26
20
9

At Jan.

20

37

Warrants

"6",400

1

International Vitamin

13,000 Interstate Home Equip com.-l
*
1,700 Interstate Hosiery Mills
900 Interstate Power $7 pref
*
1
2,000 Investors Royalty Co
1,900 Iron Fireman Mig com v t c._*
1
3,400 Irving Air Chute common
200 Italian Superpower cl A
*

1
11,100 Jacobs (F L) Co
*
2,500 Jeanette Glass Co
Jersey Central Pow & Lt Co
475
53*% preferred
100
650
6% preferred100
7 % preferred
530
100
100
13,800 Jones & Laughlin com
Julian & Kokenge com
100
70 Kansas G & E 7% pref
Keith (Geo E) Co 7% pref. 100

4", loo Kennedy's

Inc

350 Ken Rad Tube &

"""20

1,20
20

5
Lamp cl A..*

Key Co common
Kimberly-Clark 6% pref—100
Kingsbury Breweries com
1
Kings County Lighting—
7 % preferred series B
100
5% preferred series D
100
Kingston Products..
Kirby Petroleum

3,500
4,100
1,200 Kirkland Lake G M Ltd
200 Klein (D Emil) Co common.
200 Kleinert (I B) Rubber
700 Knott Corp common
Kobacker Stores Inc

605
25

1,000
5,100

-.100
1

24,600
10,400 Lakey Foundry & Machine..1
100
20 Lane Bryant 7 % pref
2,100

Lane Wells Co common

23*
13*
87

1

23*
13*

200

Class A

*

Class B--___

*

Lefcourt Realty com.....
Convertible preferred
100

24,700
16,000
2,300
3,400

Line Material Co

950

For footnotes

6%

;

preferred

Lit Brothers

com

...

Loblaw Groceterias class A..
Class B

see page

53,




163*

3*

At

Sale
13*
23*

2 3*

893*

Sale

273*

20

24

63*
43*
111

63*
53*

83
62

13*
23*
13*

13

903* Feb.

2

973* Feb.

903*

24

43*

At

%

7

91

Sale

68

66

70

Sale

73*
12

13*
23*

90

893*

86

55
12
123*
53* Sale

55

123*
53*

1

843*

86

88

473*

60

473*

94

683* 72
3-3*
13*
23* Sale
1
13*
123*
133*

123*
103*
63*
63*

10

63*
63*

113*
7

4

Sale
Sale

"93* '103*
15

73*

163*
9

1

23

Sale

4

Sale

93*
15

73*
3*
6

343*

353*

103*

*

13*

"113*
Sale

10

20

23* Feb. 14
13* Jan. 19

95
103

313* Feb.

21

27

63* Feb.
43* Feb.

14

14

3
23* Feb. 27
Jan.

3

Jan. 25
903*
98
Jan. 19
9 105
Feb.
5
36
Feb.

88

6

Feb.
Feb.

6

Feb. 24
5
Feb. 28
Jan.
3
Jan.

4

116 3* Jan.

19 1193* Jan.

31

x6

Jan.

4

Feb.

73* Jan.
43* Jan.

8
25

Ill

Jan.

1123* Jan.

31

91

Feb.

1

13* Feb. 13
9
23* Feb.
Feb.

13

13 3* Feb.

19

1

92

Feb.

9

5
13* Feb.
23* Feb. 21

89

Jan.

26

92

Feb.

9

673* Jan.
i 3* Jan.
23* Jan.

12

68

Jan.

3

2

2

J an.

3

Feb.

13

133* Feb.

19

1

13
26

Jan.

2

65* Jan.

11

1
10

Feb.

19

15

Feb.

133* Jan.

7

Feb.

19

7

Sale

86

Feb.

23

88

Feb.

2

85

Jan.

5

65

55

Feb.

10

55

Feb.

10

55

Feb.

10

123*
53*

123* Feb.

6

23

Feb.

14

6
123* Feb.
53* Feb. 20

113* Jan.

5

5

Feb.

14

41

Feb.

2

42

Feb.

41

Jan.

24

203* Feb. 19
33* Feb. 16

23

203* Feb.
33* Feb.

19

423*
20
205*
4
Sale
82
95
93* Sale

17

23*
13*
133*
103*
73*

Jan.

9

Jan.

8

Jan.

26

Jan.

8

Jan.

5

21

Feb.

2

Feb.
12 3* Feb.
z63* Jan.

10
6

16

423* Jan.
253* Jan.
43* Jan.

3
3
8

88
55

8

Feb.

1

43* Feb.

23

Jan.

12

80

113* Feb.

10

93* Jan.

15

113* Feb. 10

163* Feb. 21

163* Feb. 21

163* Jan.

4

165* Feb. 21

3* Feb.

5

3* Feb. 23

3* Feb.

5

Feb.

20

Feb.

20

Feb.

1

23* Jan.

11

Feb.

8

x71

93* Feb.

6

Jan.

15

9

7*

6

23* Sale
•A a >

33

18

At Jan.

12

41

233*

17

Jan.

3*

At

13*
23*
13*
133*
113*
73*
12

11

Jan.

16

28

1143*

112

At Jan.
16

293*
130
30
63*
43*

20

24

9
73* Jan.
1
103* Feb.
3 3* Feb. 27

Feb.

9 105

5

9

6
23* Feb.
23* Feb. 27

Feb.
Feb.
Feb.

92

Sale
23*
13*

23* Feb. 14
13* Feb. 13
Feb.

33*

%

5
At Feb.
8
163* Feb.
3
163* Feb.
At Feb. 29

90

Sale

At

91

1
Feb.
1
73* Feb.
1
103* Feb.
33* Feb. 27

3

963*
983* 96
1043* 1053* 103
29
Sale
27
293*

Sale

6

163*

23* Sale
2
23*

1193* 1233* 121
18

4

i63*
17
At Sale

27K
1163* 120

1
25
*

17

Sale"

5

500 Lipton (Thos J) class A

3,000

16^

163*
16

883*

35

Sale
83* Sale
113*
13
3 3*

33*

103 3*

_3*

*
Lehigh Coal & Nav
*
Leonard Oil Development—25
Le Tourneau (R G) Inc
1

73* Sale
113* Sale

893*

Langendorf United Bakeries—

"""300

Sale

3

i04"" Sale"

63*

Koppers Co—
6% preferred
100
Kreege Dept Stores—
i
4% conv 1st preferred-..100
Kress (S H) & Co spec pref-.10
Kreuger Brewing Co
1

120 Lackawanna RR N J
Lake Shore Mines Ltd

73* Sale
103*
12
43* Sale
At
3*
163*
173*
163*
173*
At
3A

10

*

com

33* Sale

Sale

'103* "Ilk
13* Sale

213* Sale
1
13*
20
243*
20
243*

23*
At
313*
93*
165*
183*
1

5
Feb.
3
Feb.
Feb. 23

Feb.

6

Feb.

5

6

Feb.

20

23* Feb. 10
6
At Feb.
33 k Feb.
9
113* Feb. 10
163* Feb. 23
213* Feb. 27
9
13* Feb.

6

At Jan.
313*
93*
103*
183*
1

Feb.
Jan.
Jan.
Jan
Feb.

18
5

18
16

16
5

6

5* Feb. 23
Feb. 20
5
Jan.

23*
5*
353*
113*
163*
213*
15*

Jan.

9

3
Jan.
Feb. 10
Feb. 23
Feb. 27
Jan.
2

46

YORK

NEW

PRICES IN FEBRLARY

In

Since

February

Jan. 1

Shares
450

1,400
23,000
34,700
2,725
9,025
4,300
21,600

775

1,425
2,700
7,300

0Continued)

Par

Bid

5
*

13

Locke Steel Chain Go
Lone Star Gas

7% preferred series A—100
6% preferred series B
100
Loudon Packing Co com
*
Louisiana Land & Expl com.. 1

Combination...10
5

1,800 Lynch Corp win.

850

17,800 Majestic Radio & Tel Oorp—1
4,300 Manati Sugar opt warr
700 Mangel Stores Corp com
1
80
$5 conv preferred
50 Manischewitz (The B) Co.,—*
700 Ma pen Cons Mfg Co
*
Marconi Internat Marine—
Communication Am dep rct.
100 Margay Oil Corp
*
*
2,500 Marion Steam Shovel com.

6,500
2,100
400

80

..

"loo

100

1,600

—

1

600 Mass Util Associates v t c

300

2,100 Massey Harris Co common—
3,150 Master Electric Co
May Hosiery Mills—
$4 preferred
—
900 McCord Radiator & Mfg B._
9,800 McWilliams Dredging com—*

1,600
2,350

900

2,900

1,400 Mead Johnson & Co

575

*

com

5

2,500 Memphis Nat Gas com
150 Mercantile Stores Co

1,300
100

*

800 Merchants & Mfrs class A

200

1

Participating preferred

125

75

*

2,900 Merritt Chapman & Scott
225
636% A preferred

1,000
100

Common stock pur

700

700

*
100
warr'ts..
1

10,200 Mesabi Iron

7,500
2,300

2,800 Metal Textile Corp com.

.

.

Participating preferred
Metropolitan Edison Co—
$6 preferred
230
10

40

1,300 Mexico-Ohio Oil Co

"1Mb

13

Sale

44

Sale

3836
1%
5%

Sale
ih
5 34
103

36
25

Sale
2636

31

38
Sale

10

2636

2636

236
236
436
22

1836
Sale
234
5
23 36

24

1036 Feb.
136 Feb.

Sale

Sale

42

Feb.

7

40% Feb.

Sale

38%

Sale

3834 Feb. 29
136 Feb.

136

5

5%

2556

Sale

%

V

38~36

5Y

7
17

3
234
236
2%
5
4 34
24 J4 Sale

2,100
300

1,700
5,000
10,200

Middle States Petroleum—'
Class A v t c new..—_—1
3,800
Class B v t c new.
1
6,000
15,900 Middle Wejt Corp common..5

236
Sale

2 36
7 36

153

Sale
Sale

536
1436
4%
236

636
17
Sale
236
4%
Sale

4

28

60
236
836

336

8

336

3 34

29 Y
4

436
Sale

27

4 36

4

Sale

Sale
Sale

3;

%
236
42

62

.

_

2 36
41Y

%
234
45

%

& Sale*
6 36

8

%

634

%

%

4

534

3%
3 %

8

4%
V*
Sale
5 36

5%

%

8%

,36

Sale
Sale
5

3%
%
'

%

2
4

2

Feb.

5

Feb.

2

6

Jan.

3

103

Jan.

5 10536

2
18

Jan.
36 Jan.
2636 Jan.

24
2
6

Jj Jan. 5

136 Feb.

536 Feb.

2636 Feb. 26
% Feb.

Feb.
Jan.

5
4

35

Feb.

29

9

Jan.

2

36
10

Feb.

10

Jan.

2

2536 Jan.

20

29

Feb. 24

10

15

Feb.

>

Feb.

29

36

Feb.

9

29

Feb.

24

29

Feb.

24

15

Feb.

10

15

Feb.

10

15

3

Feb.

6

2 36 Feb.
4
Feb.

8
24

Feb. 29
236 Feb.
8
436 Feb.
3
2934 Feb. 13

Feb.

15

2 36 Feb.

736 Feb.

7

836 Feb.

2

Feb.

436 Feb.
15

Feb.

2 167
Feb.
6
436 Feb.

67

63

Feb.

% Feb.
236 Feb.

6

4 36

3 36
2936
4%
6 '63
6
34
7
36
336

Feb.

Feb.
Feb.
Feb.

20
9
27

9
8
9
1
9
6
6
2

17

44
Feb.

104

29 10536 Feb.

27

20

Xs Jan.
2
% Feb. 23
6

1

% Feb. 23
136 Feb.

Feb.
Feb.
Feb.

%

36 Jan.
2436 Jan.

35

2436 Feb.

7

8
3
4
20
20

136 Jan.

336 Feb. 28
9
2836 Feb.
336 Feb. 14

a

Feb.

Jan.
Jan.
Jan.
Jan.
Jan.

38 36 Jan.

336
2936
4%

.

Feb.

2 36

Jan.

2

236 Jan.

20

Feb.

24

2136 Jan.

16

4

Jan.

5

29 34

Feb.

2

15
236
7
936
29 167
436
436 Jan. 24
15
Feb. 29
1536

736 Feb.

152 36 Jan.

336 Jan. 26
9
2836 Feb.
336 Feb. 14
63

Jan.

36
%>
236
4236

Feb.
Feb.
Jan.
Jan.
Feb.

104

15
6

7
4

5

10

436 Feb. 29
236 Jan. 20
3

Feb. 13

Feb
Jan
Feb

Jan
J^n
Jan

4

3036 Jan
436 Jan
Jan

67

36 Feb
.54 Jan

336 Feb
4236 Jkn

z

29 108 36 Jan
% Jan

36 Jan-. *19

5

Sale

At Feb.
6% Feb.
■% Feb.
436 Feb.

336
%
836

3%
Sale
9

3V6 Feb.
% Feb.
836 Feb.

536

6

% Sale
536
736
36
1

42

13 36

1036
136
4836
4436

Feb.

1536 Feb.

Sale

104

24

Feb.

29

% Sale
336

3

3936

Feb.

28

% Feb.

%
2 36
37 %

23

1

136 Feb.

153

166

15

"IX ~~436
67

2

1

936 Jan.

Sale Prices

2

366 Feb. 14
% Feb. 5

0

4%

i*8

9

Highest

Sale Prices
13
Jan. 15

43

2

2634 x24% Feb.

%
%
136 Sale
35
Sale
1036
14
2736
30

163

154

Feb.

5

Sale

5436

lii aW

834 Sale
162 34 165 36

1

Tube Prod.—2.50
_*
2,600 Michigan Sugar common
300
10
preferred

Sale

Lowest

105

Sale

"29

15

1%
5%
101

105 36 108

35

13 36 Feb.*

Feb.

1Y

"27"

1336 Feb. 23
6
936 Feb.
1

43

34
36

13%
Sale

Sale

25

Highest
Sale Prices

13%
9%
1Y
4236

13H
Sale

936
1%
46 36

7

5

1536

Ask

Ask Bid

Xt Sale
36 Sale
136
2

Lowest
Sale Prices

Feb. 29

1

10334 10536

450 Mich Steel

350

13%
Sale

*

,

7,600 Michigan Bumper Corp.

„

.25c
15

Bid

1]

* 101

100 Louisiana P & L $6 pref

Feb.
Ask

lOj

Long Island Light common... *

500 Lucky Tiger

1

Jan. 2

1940

STOCKS

RANGE SINCE JAN.

Price

NEW YORK
CURB EXCHANGE

Shares

6,900
8,100

EXCHANGE

CURB

aggregate
SALES

28

Jan

1
636 Feb.
34 Jan. 25
436 Feb. 21

7Yt Jan

Feb. 20
% Feb. 16
8
Jan.. 2

436 Jan
% Jan
936 Jan

5

536 Jan.

6

1836 Feb.

14

1736 Jan.

19 110
Feb.
5
134 Feb.
26
734 Feb.

16
1

28

""36"Feb."6
636 Feb.
% Feb.

5
27

21

5

29

20

■

Feb.

5

336 Feb.
% Feb.
9 36 Feb.

6

Feb.

5

6

18

Feb.

5

16

% Feb.

3 36

V

Jan
Feb

Midland Oil

$2 conv

900

300

Corp—
pref

*

436

Feb.

5

Jan

Midland Steel Products—

1,000

250

2,200 Mid-West Abrasive Co
4,60.0 Midwest Oil Co
100 Midwest Piping & Supply

Co.*
_*

100 Mining Corp or Can
*
6,300 Minnesota Min & Mfg Co
Minnesota P & L 7% pref. .100
160 Miss River Power 6% pref. 100

'"loo
2,550

""120

3,100 Missouri Pub Serv common. _*
3,300 Mock Judson Voehringer._2.50

700

1,600

500

*
50c
-10

850 Midvale Co

300

1,900
2,300

21,500
1,500
1,800

♦

$2 non-cum div shares

1
48,700 Molybdenum Corp
1,700 Monarch Mach Tool Co com.*
1
3,900 Monogram Pictures com
1
700 Monroe Loan Society cl A
Montana Dakota Utilities—10

~

1,250 Montgomery Ward & Co A.
4,450 Montreal Lt Ht & Pow com..*

'"640
2,950

pref.*
JMoore (Tom) Distillery Co_.l
Mtge Bank of Col Am Shs
Mountain City Copper Co._5c
Mountain Producers Corp—10
^Mountain States Pow corn-

125

400 MoodY's Investors par tic

500

600

100

39,606

60,400

2,800

6,200

100
250 Mountain Sts Tel & Tel

'"loo

290

800

200

7,300
12,700

6% preferred

200

18,000 Nat Rubber Mach

2,300

3,500
600

600
30

1,050
13,000
6,100
2,400
1,600

""90

National Tea

*
Co 536 % pref. 10
12.50
*

National Union Radio

1

com

Navarro Oil Co

*

JNebel (Oscar) Co com
Nebraska Power 7% pref.. 100

Corp common

*

preferred
""600 Nelson (Herman) Corp
400 Neptune Meter class A.

—

900 Nestle Le Mur Co class A
50 Nevada Calif Elec com

300

7% preferred..

25

280

600 New Haven Clock Co

3,900
2,400

com

2,500 New Mexico & Ariz Land
3,300 Newmont Mining Oorp

~436 Sale
5Y

100

2",300

For footnotes

N Y & Hond Rosario M

see page




53.

Sale

Sale

11%
1%
Sale

136
5 36
10 J4
36
6436

1836
109 36 106 36
136
1%
736
Sale
H36
1
136
58
Sale
„

Feb
Feb.
Feb.

3

Feb.

1

Feb.

2

Feb.

65

Feb.

24

Sale

4%
10Y

Sale

6%
2534

Sale
26 Y

Sale

2%
0%

2%
7Y

117

11736
436
436
1036
11

636
28%
%

*8.

3Y
534

29%
Y

Sale
Sale

2936
1

Sale
836 Sale
%
y

136 Jan.
736 Feb. 26

8

Jan

11

Jan.

23

11

1

Feb.

2

1

Jan
Feb

5736 Jan.

11

65

2

23 36
27 36

36
436
436
536
36

Feb.

436 Feb.
1036 Feb.

26 11736 Feb.
5

2
1

636 Feb.
2
25 36 Feb.
% Feb. 21
2

Feb.

168

20
434 Feb.
8
1036 Feo.
1

Jan

7 36 Feb.

2936 Feb.

20
17

9%
153*

10%
7%

Sale

10%

10%
7%

% Sale

Feb.

117

436 Jan.
1036 Feb.

2

1136 Jan

2
536 Jan.
2436 Jan. 18
156s Feb. 21

736 Feb
2936 Feb

Feb.

1

20

236 Feb.

15

2

Feb.

16936 Feb.

9

168

Feb.

1

26 11734 Feb
15
5
Jan

20

Jan

1

236 Jan

736
Feb.

6

2436

2336 Feb.

20

25 36

29

28 36 Feb.

13

29 36 Feb.

36 Feb.

9

169

168

28%

Sale

117

-

Y

Feb.

% Feb

.

2
6
20

536
Sale

Sale

336 Feb.
536 Feb.

14

4 36 Feb.

2

536 Feb.

21
1

1

2 14134 Feb. 15
14136 13836 Feb.
1
1236
9% Feb.
1136
1134 Feb. 27
16 36 Feb. 2J
1536 Feb. 19
1636 Sale
Sale
10
10
Feb. 29
836 Feb. 29

139 36

1056
1536

Jan.

105

99

95

117 36

34

36

79

Sale

10

11

836 Sale
36 Sale
28
2936

113-2
1654 Sale
46Y
40%
10
Sale
12% Sale
3
3%
43
4436
9436 Sale

52

10 K

5Y
56

Sale

Sale
1Y Sale
%
%
12% Sale
9Y

114Y U7
67
69

5

5

*

534
%

*

100

*

0Y
6
1

72% Sale
24
27%
124
124%
5

*

25
1

10

__*
100 New Process Co common
*
100 N Y Auction Co common
N Y City Omnibus warrants.

"loo

Sale
2734

24
26

1V

23 36 Feb.
26
Jan.

36s
436
336
536
36

79

Feb.

29

79

29

1036
7 34
36s
28%

Feb.
Feb.
Feb.
Feb.

13

1036 Feb. 13
836 Feb. 23
36 Feb.
5
2934 Feb. 27

1036
736
%6
2836

19
1

13

Feb.

Jan.
Jan.
Feb.
Feb.
Jan.
Jan.

138

936
1536
836
79

10

623

$

29

12%
Sale

1Y

113

10

Feb.

16

Feb.
Feb.

29

Feb.

29

95

Feb.

Feb.

10

15%

15

Sale

15

Feb.

15

45

44 36

43

Feb.

20

Sale
Sale

1036
1236
2 36
4136

4536
Sale
Sale
336
Sale

1036 Feb.
12 36 Feb.

23

Feb.

20

4136 Feb.

9136 Sale
3k
336
636 Sale

91

1134
1236
3

41Y
93 %

3%
43

Sale

4%
51Y
10%

5
53 Y
1036

9h
1%

9%
lk

12

123S

110% 117
67% Sale
5 36
6
1

6
7%
136

48 36
10 36

10

H

51
11

Sale

1136
Sale

$
1136
116

nl
Sale

6236 Sale
8536
536
6
534 Sale
34
136
136
236
30

35

12

Sale

3

3

2
Feb.
Feb. 26
Feb. 28
7
Feb.
5
Feb.
Feb. 13
9
Feb.

12

Feb.

16

115

6 171

Jan

20

26

Jan

17

30

Jan

15

X* Feb
436 Jan

14

4% Feb

4

5 k

Jan

36
14134
26
1134
5
1636

Jan

2
3

11

Feb
Feb

Jan.
Jan.
Jan.

29

8136 Jan

Feb. 13
Jan. 29

1136 Jan

Feb.

6

Jan. 24
Feb. 13

Feb

Feb

10

Jan

9

Xi Jan
31

Jan

Feb.

Sale

IK

62

1

Sale

136

Feb.

6
10

634 Feb.

13

3

7

2%

29
2

36

35
Sale

33
14

18

23

2336

1536

18

15H

18

24 Y

2634

27

2836

236

3

19

1134 Feb
1636 Jan

Feb.

20

47

10

11

3

20

41

Feb.
Jan.

1136 Jan
1336 Jan
3 36 Feb

15

44

91

Feb.

29

9736 Jan

236 Jan.
3 36 Jan.
4836 Feb.

26

Jan.

15

536 Jan.

16

8 34 Jan.

15

Feb. 20
Feb. 29
Feb. 28
Feb.
2
Feb.
2

10

12

Feb.

16

12

136 Jan.

26 116

Feb.

29

115

23

Feb.

b

60

53-8 Feb.

16

536 Feb. 26

534 Feb. 29

6

Feb.

9

1

Feb.

9

12

Feb.

9

Feb.

29

1236 Feb. 23

Feb.

29

73 36 Feb.
24 36 Feb.

26

5 13036 Feb.

9

Feb. 26
Feb.

9

12

17

2

Jan

Feb

3

634
5436
1136
736
1136

Feb
Jan
Feb
Feb
Feb

134 Feb

% Feb.

9

34 Jan

Jan.

27

1234 Jan

Feb. 26 117
70
12

Jan

6
6

Jan
Jan

1

Jan

Jan.

536 Feb. 16
5 34 Feb. 29
5
36 Jan.
136 Jan. 19

Feb

134 Jan

12
Feb. 29
1336 Jan. 12
65
Feb. 29
7636 Jan. 11
2536 Jan.
3
2436 Feb. 26
3 13036 Feb.
9
12436 Jan
656 Jan. 27
536 Jan. 19
Feb.

7

Jan.

3

13 36 Feb.
62 36 Feb.

7

12

Jan.

15

26

60

136 Feb.

2

1

Feb.
Feb.

15

7036 Jan.

18

Feb.

6

33

2

Feb.

1

2

Feb.

1

24

Feb.

24

2836 Jan.

25

Feb.

15

60

Feb.

1

Feb.

3
15

33
2

Feb.

33

Feb.

33

Feb.

2

Feb.

24

Feb.

24

Jan

20

Jan.

1136
736
1136
134
36

1

16

9 34 Jan.

Feb.

70

Feb.

12

51

73

35

1436 Jan.
43

6036 Feb.

65
67 36 Sale
7136
22
2436
2536
2436
127
131
132
12636 127
6
6Y
536
6
12 34
13
Sale
1336 Sale

136

28

4 36
4836
1036
6 36
9 36
136
%

71
25

62

27
17
Feb. 28
Feb.
8
Feb.
2
Feb.
8
Feb.
9

1134
1536
4536
11%
12 34
3 36
43 34

14%
43

100

2,200 New Idea Inc common
9,500 New Jersey Zinc

Tioo

f*.

59%

1836

106 % 107 36

*

175 New England Pow Assn com.*
6% preferred
;
100
3,130
$2 preferred
*
125
100
560 New Engl Tel & Tel Co

50

1,130

l'.ioo

18

4%
*

National Tunnel & Mines

1st

200

com

National Transit

8,400 Nehi

•5,900

""300

*

600 National Steel Car Ltd
4,000 National Sugar Refg

350
850

1

300 Nat Manufacture & Stores—*
4
6,800 National Oil Products
National Power & Light—
$6 preferred
6.575
*
300 National Refining com

3,150

7,100

*
"

50

31,300 National Fuel Gas

300

14,600

536 Sale
27
28
%
%

1Y
7%
10 Y

1836 Feb
24 11436 Jan
23
134 Feb
9

25

National Candy Co com
2,000 National City Lines com
$3 conv preferred
600
20,200 National Container (Del)

""300

2,300

Sale

11

11

50

7% preferred

"*300

"4" '~4%

1,500 Nachman Springfilled Corp..*
11,500 Nat Automative Fibres com._l
1
11,400 Nat BellaR Hess com
690 National Breweries common. _*

1,600 Muskegon Piston Ring
425 Muskogee Co common

10

9436

91

10
15

225

Sale

58

*
2.50
*
100

800

300

18%
105 Y

1

100

2,200 Murray Ohio Mfg Co

1,000

5,500
5,700

18 36
Sale
136
734 Sale
10 %
11H
1
1H
1736

11436

Sale

2836 Feb.

6

3

IV

Jan.

8

7236 Jan.

15

Feb.

6

March, 1940]

new

york

curb

exchange

47

AGGREGATE

SALES

PRICES IN FEBRLARY
new york
curb exchange

Since

Jan. 1

Feb. 1

1940

Shares

STOCKS (Continued)

3,700 N V Merchandise Oo
900 N Y Pr 4 Lt $6 pref

1,480
6,100

com..

s

330

10

Ask

Bid

Niagara Hud Powcom...-.10
5% 1st pref....
100
5% 2d pref
100
Class A warrants

5%

.5
100

200 Nineteen Hundred Corp

B...1
5
1

814

Sale

*

26

27

75%
24%

25%

27

24

49

50

50

50

%
3%

2%

1
Sale
_100 100
100
6%
7%
10

-

25

*
*

14*4
16%
35%

1,050 Ohio Edison $6 preferred---4,650 Ohio Oil 6% pref
-.100

107
98%

Sale
18%
36%

Ohio Brass class B

Sale

98*%

570 Ohio Power 6% preferred--100
450 Ohio Pub Serv 7% 1st pref. 100

6% 1st pref

100

1,200 Oilstocks Ltd common
Oklahoma Nat Gas com

5

25,200

-15

2,950
$3 preferred
1,300
$5.50 conv pref
8,884 Oldetyme Distillers
Oliver United Filters B

50
*
1

8%
19%

9*%
19*%
Sale

47

113% 115
1%
1*%

500 Overseas Securities Co

*

200 Pacific Can Co

♦

common

15,400 Pacific G & E 6% 1st pref.-.25
2,100
5 % %lst preferred
25
25 Pacific Lighting $5 pref
*
320 Pacific P & L 7% pref
200 Pacific Public Service com

a00

7*%
2%
11

*

Page-Hersey Tubes com
Pantepec Oil of Venezuelae
American shares
100 Paramount Motors Corp

_1

150 Parker Pen Co

10

31
89

5%
20

140 Patchogue Plymouth Mills.

9%

(D) Grocery cl A
*

Class B.
880 Peninsula Telep Co com
Class A cum preferred

*
25

42%
11%
34

Sale

25
25

51 %

44%
12
Sale

2

1

12

*

100
—

*

1
14,700 Pharis Tire & Rubber Co
4,500 Philadelphia Co com
130 Phila Elec $5 div preferred1,125 Phila El Pow 8% pref
25
2,700 Phillips Packing Co
*
300,000 Phoenix Securities common—1
$3 conv preferred A
24,650
10
*
1,100 Pierce Governor Co com

<

100 Pines Winterfront Co

1

1
18,000 Pioneer Gold Mines Ltd
6,900 Pitney Bowes Postage Meter.*

10

7% Jan.
104% Jan.
114% Jan.

14% Feb.

27

12% Feb.

Sale

1

7.50

22.5 Pneumatic Scale Corp Ltd—10
5,100 Polaris Mining Co
25c

5,900 Potrero Sugar com
5
2,000 Powdrell & Alexander com. --.5
125 Power Corp of Can com
60
6% 1st preferred
.-100
*
2,700 Pratt & Lambert
7,000 Premier Gold Mining.
.

*

com

1

-_25c
*
*
*

com

*

Public Service of Clorado—
6% 1st preferred
100

100
*
*

5,300 Public Serv of Ind pr pref
$6 preferred
3,600
Public Service of Oklahoma—

6% prior lien pref
340
100
180
7% prior lien pref
100
28,400 Puget Sound P & L $6 pref—*
$5 preferred
*
11,400
16,000 Puget Sound Pulp & Timb—*
50 Pyle-National Co com
5
600 Pyrene Mfg...
10

27 105% Feb.

118% Jan.
6

21 % Jan.

4% Feo.

2

1

5% Feb.
89% Feb.
81% Feb.

15

87% Feb.

Jan.

*22 Feb.

8

bi Jan.

Feb.

27
16

% Jan.

8

Jan.

22

76

Feb.

5

%2 Feb.

3

% Feb.
5% Feb.
94% Feb.

2

14

63

Feb.

16

8% Feb.

14
1

Sale

4% Feb.
% Feb.

14

75% Feb.

1

23 % Feb.

24

24%
50%
o%
2%

23

%

Sale
Sale

7%

37%

36

Sale

21 % Sale
20%
110% 110% 109%
103% Sale
102%
Sale
114
115% 113%
113% 114 % 112%
106
108
106%
7 %
8%
7%
8%
7%
20
19% Sale
19%
19%
48 %
49
49
49%
48%
111
112 ^ 112% Sale
112
1% Sale
1% Sale
1%

21%
109%
102%
116%

Sale

Sale

8%
Sale

13%
Sale

Sale

89%

4

5

8%
3%

9

15

Feb. 21
Feb. 26
Feb. 20

15
Sale

88

Sale

5%

4%
3%
9%

Sale

4%

46

10%

48""

13%
33 %

Sale

2%
2

Sale
4%

5%
3%

12%
9%
27%
46%
13%

9%
35
48
Sale

34

Sale

13

11%

%

%6

2%

2%
1%

Sale

31

6%
21%
93%

20

3

\%H

2%

"67% Sale

172
14

71%

174
Sale

72

89

91%

79

81 %

26%

29

25%

27

8

7%

5%
6%
36

Sale

8

6

Sale
Sale

10£ u£
1% Sale
7% Sale

7%
6%
30%
5%

Sale
6%
Sale

5%
8% Sale
40% Sale
10%
12
% Sale
1% Sale
7% Sale

11%
56

10%
100 %

1%
9%

12
Sale

Sale
Sale
1'/

10%

9%
58

Sale
58 %

11

Sale

171

13%
67%
78%
26%

V*

9

14

Feb.

1

1

Feb.

3

Feb. .13, 114
Feb.
1
Feb.
1% Feb.

88

1

Feb.

29

6

Feb.

23

Feb.

20

20

Feb.

6

"i%"l'% "1% "1%
%

<1^
1

4%
8%

4%
8%

Sale
Sale
Sale

i%
40

9J4

22
Sale
42
Sale

~4J4 Sale"
8%
6

93

8%
6%

97%

106% 109
110% 115
90% Sale
50

Sale

103 % 104%
110
Sale

24%

Sale
Sale

78%
12% Sale
6%

6%

21%
1%

39%
7%
%«
4%
9%
6%

18

16% Jan.
36% Jan.

26

19% Jan.

13

107

3

46

112

Jan.
-

Feb.

13%
33%
30%
108%
88
6
20

16

Jan.

3

23

Feb.

21
26

27

2

1

115% Jan.

17

23 107% Jan.

31

26

23
24

8

Jan.

19

Feb.

6

Jan.

19

Jan.

11

20%
49%
13 114%
1
1%
12

9

Feb.

3

Jan.

10

8% Feb.
3% Feb.

13

14

20

Feb.

16

Jan. 22 34% Jan.
1
Feb.
31% Jan.
Feb. 28 108% Feb.
Feb. 29
95% Jan.
Feb. 23
6% Feb.

28

Feb.

6

4% Jan.
3% Jan.

22

6

Feb.
Jan.

27
26

Feb.
Jan.
Jan.
Feb.

21
8

Feb.

5

34% Feb.

21

49% Feb.

15
5

43% Jan.

4

24

12

Jan.

5

16

34% Feb. 21

33% Jan.

17

2% Feb.
13% Feb.

1% Jan.
11% Jan.
38% Jan.

9% Feb.

9

27

11

23

Feb.

48% Feb.
13% Feb.
33% Feb.

26

Jan.

8

9

20

16

12

4

Feb.

37

110% Jan.

2

Jan.
Feb.
Feb.
Jan.
7% Feb.
18% Jan.

ii*

3
26

Jan.

3 104% Feb.
23 116% Feb.

Jan.

98%
113%
112%
106%

7% Feb.

Feb.

Feb. 26
1
Feb.

65
Feb.
Feb.

3
15

Sale
Sale

Sale

59%
12
Sale

1%
Sale

Feb.

30% Feb.

11

2

Jan.

110

Jan.

17

111

19
2
10 112
2 113

Feb.

6

16
72

Feb.

17

Feb.

3

13

80

Feb.

2

16

27

Feb.

28

1

5
2

11%
%
1%
7%
43%
9%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

58% Feb.
11

Feb.

100

Feb.

1% Feb.
10% Feb.

7% Feb. 23
7% Feb. 26

28 117

8% Feb.
Feb.

5
5

Feb.

31%
6%
11%
44%
13%
%
1%

28

Feb. 29
8
Feb.
Feb. 19
Feb. 15
Feb. 21

1

16

29
2

15

Feb.

7

1%

1% Feb.

7

1% Feb.

6

8%

%, Feb. 14
4% Feb. 20
1
8% Feb.

% Feb. 23
9
4% Feb.
1
8% Feb.

Sale

%
4%
10
Sale
106

1

8%
%6
3%
9%
6%
99%

Feb.

Feb.

14
2
9

22

Feb.

1% Feb.
10

Feb. 24

Feb.

13

Feb.

12

28 120

11

31

29

30% Jan.
5% Jan.
6% Jan.

30
2

34

Jan.

17
25

23

Jan.

16

9% Jan.

15

Feb. 29
1
Feb.
Feb. 13
Feb. 20

28%
82%
17%
8%
7

Jan.
31% Feb.
6% Feb.

1
4

5

8

11% Feb. 19
44% Feb. 15
13% Feb. 21

1

3

4

2*
45*

Feb.

8
8

Feb.

29

Jan.

P

1

Jan.
Jan.

5

Jan.

5

Feb.

16

Jan.

15

104*

Feb.

29

1% Jan.
9% Jan.

ll*

Jan.

10

3

Jan.

Jan.

9

15

Feb.

7

1% Feb.

7

1% Jan.

20

99

13

5

6

14

Jan.

2

Jan.

26
5

4% Jan.
8% Feb.

4

8% Jan.
81% Jan.
20*% Jan.

% Feb.
4

25
18

&15/8
22

Jan.
Feb.

1
24
2

Jan.

8

1% Jan.

13

39% Jan.
8% Jan.

16

3» K Jan.

16

13
8

7

9% Feb.

6

7

Jan.

31

4 100

Feb.

27

5

Feb.
Feb.
Jan.
Jan.

10

27

Feb.

8% Jan.
8% Jan.

7

Feb.

21 109% Feb.
3 112% Feb.

4

13

Feb.

Feb.

28

13

$ Jan.

Feb.

Feb.

72% Jan.
90% Jan.
27% Jan.

30

5

Feb.

6

17

8
%«Jan.
3% Feb. 26
8
8% Jan.

Feb.

106% 109% 106% 107% 106% Feb. 10 106% Feb. 10
113% 114% 113% 114
112% Feb. 19 113% Feb.
9
82% Sale
7
84% Sale
79% Feb.
84% Feb. 29
44
7
45% 40% Sale
39% Feb.
44
Feb.
3
106% 108% 107
108
108
111% 113% 110% 113% Ill
25
26% Sale
25% Sale
80
Sale
78% Sale
78%
12% Sale
15%
12%
15%
8%
8%
9%
6%
7
7
6%
6%

17

Feb.

20

1

%6 Feb. 24

5
Feb. 26
Feb. 14
9%
7
Feb. 20
Feb. 15 100

Feb.
Feb.

Feb.

55

7 104
Feb.
19
1% Feb.

19

Jan.

9

29

11
19

Feb.

6

9

5

Jan.

Jan.

7% Jan.

Feb.

21

16

3

117

' Feb.

Feb.

16

Sale
40

Feb.

11

8

Feb.

1%
38%

26

60% Feb.
11% Feb.

1

15 175
9
16

66% Feb. 23
77% Feb. 13

45

1

14

41*

Feb.

1

1

Feb.

20% Feb.

12

5

Feb.
Feb.

11

Sale

Jan.

166% Jan.

9% Jan.
*4 Feb.
1% Jan.
7*% Feb.
40% Jan.
9% Jan.

1

10

5

14

ii*

Jan.

6

5% Feb.
39

11

19

7% Feb. 20
6% Feb. 20
117

19

Jan.

Feb.

77% Feb.
Feb.

13% Feb.

Feb.

26

28%

Jan.

15

2

6

23

Sale

13
11

26 112

66 % Feb.

Sale

4^

100

13

Jan.

7
8

Feb.

Feb.

30

Feb.

22

99% 105

12

Feb.

105%

3 114

3

9

14

9%
6%

2

Jan.

16

13 113

Sale

7

100

106% Jan.
6% Jan,

Feb.

20 175

Sale

%6

3
30

7

Feb.

Feb.

10%

9

13

Jan.

2% Jan.

10

Feb.

45

4

Jan.

3

30

Feb.

13

5%

ie*

2

3

16

12

22

9%

3

15

27

:

21

25

Jan.

%6 Jan.
2% Jan.
%6 Feb.

Feb.

171

%
%A
1% Sale
7% Sale

8

Jan.

49% Jan.

30

1

&

6

5%
3%
12%
10%
35%
49%

Feb.

12

3

5% Feb. 27

16

2

Jan.
Jan.

Jan.

12% Feb. 21

3

Feb.

Feb.
Jan.

Jan,
26% Jan.

1

16

11

1%

23% Feb. 24
24% Feb. 23

9

84

21

176

Sale

13

12
14

5%
99%
67%
8%
1%
5%

9

2%

Sale

101% 104
1%
r_
1%
9%
10%
10%

27
16
19

1

4% Feb.

Sale

10%

100

Feb.

29

7% Jan.
2% Jan.

Feb. 17
Feb. 14
Feb. 28
88% Feb. 13
6% Feb. 23

8

4% Jan.
% Feb.

8% Feb. 13
3% Feb. 20
16

%2 Jan.

73 % Jan.

1% Feb.

Feb.

12
18

17

Jan.

5
3

12% Feb.
9% Feb.

Sale

39

57%
10%

1

9

Feb.
14
Feb.
34%
Feb.
31%
Feb. 28 108%

20

5

9
13

6% Jan.
89% Feb.
81% Feb.

12

94% Feb. 14
57% Jan. 20
8% Jan. 12

5

5

Jan.

31%
%

117% 119
31% Sale
6

x73

19

37

114

9

23
Feb. 26
Feb. 21
Feb. 23 110% Feb. 15
1 104% Feb. 27
Feb.
Feb. 23 116% Feb.
1
2 113% Feb. 26
Feb.
Feb. 17 107% Feb.
7
Feb. 26
7% Feb. 26
Feb.
1
20% Feb. 24
Feb. 13
49% Feb. 26

Feb.

13%
33%
30%
108%

1%
11%
41%
65
67%
2
2%
1%
2%
110% 111% 110
112% 113% 112%

Sale

Feb.
Feb.
Feb.
Feb.

z86

80% Feb. 13
9
25% Feb.
25% Feb. 19
51 % Feb. 13
a% Feb. 26
2% Feb. 20
7
%# Feb.
8
105% Feb.

8% Feb. 23

3%

12%
34%
30%

6

20%

5% Feb.
99%
66%
8%
1%

2

4% Feb.

9

%„ Feb.
103% Feb. 29
110% Feb. 29 114
Feb.
3
7
Feb. 19
7%
7% Feb. 26
12
12
Feb. 19
9
12% Feb.
18%
6
16% Feb.
18
Feb. 16
36% 36% Feb.
8
37
Feb.
9

103%
111

17*

1

1

Feb.

Feb.

6% Feb.

6

14% Feb. 27

27 105% Feb.
13
6% Feb.
2
29
Jan.

5% Jan.

6

Sale

3%

Feb.

104

Feb.

1

24*%
24%
51*%

9

13

25

%

17

325 Pitts Bessemer & L E RR—50

4,500 Pittsburgh Forgings Co
50
2,570 Pitts & Lake Erie RR
2,200 Pitts Metallurgical Co
10
10,000 Pittsburgh Plate Glass com--25

Feb.

80%
23%
23%
50%

7%

%

2* Sale
*VA

1

*

$7 preferred




13

Feb.

9

9%
1%

%

Sale

88%
5%
19%

Sale

99
Sale

3

12%
16%
36%

90%
6
21%

*
Sale
* 111
50 167% Sale
20

1.125 Pennsylvania Salt Mfg
575 Pennsylvania Sugar Co
5,600 Pa Water & Power

For footnotes see page 53

107% Feb.

19

4%

i%

a

Sale

Sale

*
*

410 Pa Gas & Elec class A
220 Pa Pow & Lt $6 pret

7% 1st preferred

5%
95%
63%
8%

9%

113%
6%

Sale
31%

%

2.50

25 Pa Edison Co $2.80 prel-.
50
$5 preferred

100

1%
5%

31

—50c

41,100 Pennroad Corp com
50,600 Pa Cent Airlines com

30

Highest
Sale Prices
9
22
Feb.
3
109
Jan. 19

5% Feo.
24% Fed.

332

65

_

6,200

3,900 Prudential Investors
$6 preferred
2,950

1

Sale Prices

118

6

7

12%
33%
30%

4*% Sale
3*%
4%

4,200 Parkersburg Rig & Reel Co-

100 Prentice-Hall Inc

80%

%

84

69,100

5,900 Pressed Metals of Amer
4,000 Producers Corp
3,900 Prosperity Co B common
500 Providence Gas Co..

78%

Sale

%
2%

9
3%
13

33%

*

1st preferred

104

6%
24%
Sale

i*.

■■

1

3,000 Pleasant Valley Wine Co
2,800 Plough Inc common

88

*

Omar Inc

1,050 Pepper ell Mfg Co
300 Perfect Circle com

%

84

*
-.5

,

Penn Traffic Co—

4%

*
*

Sale

Sale

„

1,500 North European Oil com
1,350 Nor Ind Pub Ser 6 % pref.
650
7% preferred
3,100 Northern Pipe Line
10,800 Nor States Power A
900 Northwest Engineering
2,000 Novadel-Agene Corp..

1,700

12% Feb.

5% Sale

Sale

8%

9%
1%
4%
4%
1
Sale
1

1

200 Nor Amer Util Sec com
300 North Cent Texas Oil

common

62 %

Sale

6%

Sale

%

preferred--

Penn Mex Fuel

Sale

23

25%

5%
87%

5% Sale
Sale

86 %

6

5%
25

—

Niagara Share Corp class B

450 Pender

Sale Prices
9
Feb.
3

8
8% Feb.
106% 106% Feb.
117
116% Feb.

'

67 %

100

14

13%

104 %

2?g Sale*

*

l',156

12%

13

Class B warrants

2,100 Nipissing Mines
2,800 Noma Elec Corp com
22,500 Nor Amer Lt & Pow com
3,850
$6 preferred.:
2,700 North Amer Rayon cl A
Class B common
1,610
770
6% prior preferred--

'

8%
106

Lowest

Highest

Sale Prices

Corp—

com

375

Sale

Lowest

Ask

116

11%

—

Class A

Feb. 29

Ask Bid

8%

7%
8%
107
Sale

-1

5
preferred
100
New York Transit
-5
N Y Water Serv 6% pref—100

5,100 Nlles-Bement-Pond

\,975

Bid

100

hares

N Y State Elec & Gas

70

3,000
1,850
114,300
3,475
570
10,000
1,100
3,200

Par

7% preferred
N Y Shipbuilding Oo—
Founders

RANGE SINCE JAN.

Price
Jan. 2

14

19
3

Feb.

3

Feb.
Feb.

19

Feb.

13

13

Jan.

97% Jan.

106%
110%
79%
39%

Jan.
Jan.

Feb.
Feb.

104% Jan.
109% Jan.
24% Jan.
78

13

Jan.

106%
9 113%
7
93%
7
50%

8 109% Feb.
15 112% Feb.
2

32% Jan.

Jan.

24

85

11% Jan.
8% Feb.
6% Jan.

26

17% Feb.
8% Feb.

13
3

7

Jan.

Feb.

5

7

9
8

3

14
19

10
10

19

13
13

NEW

48

NEW YORK

Price

CURB EXCHANGE

Jan. 2

Par
—*
-——100

Bid

Ask

Bid

117

118%
153 %
16

118

920 Railway & Light Securities—.*
100 Rys & Utll invest ci A c<?m—1

9

STOCKS (Concluded)
Shares
510 Quaker Oatecom

6% preferred
50 Quebec Power Co

1,100

150

12%

13%

$3 conv pref
—50c
1,900 Raytheon Mfg com
1,900 Red Bank Oil Co
*
1,300 Reed Roller Bit Co
1,200 Reeves (Daniel) com———*
Reiter
Foster
Oil
Corp
50c
4,700
5
500 Reliance E1& Eng Co—

"l",306
1,000
1,600
100

2,600

34 H

35%

%
2%

VA
2%

24%
5%
%

25%
Sale
Sale
14%

13%

117,900 Republic Aviation Corp-----l
1
3,800 tReynolds Invest com.
—1
1,700 Rheem Mfg Co_
*
600 Rice Stix Dry Goods Co
1
5,600 Richmond Radiator com
Rio Grande Valley Gas Co—
Voting trust etfs —
1
7,000
750 Rochester G & E 6% pfD__100
25
6% preferred C
100
Rochester Telephone Corp—
10
6%% 1st pref.
100 115
12
11%
300 Roeser & Pendleton Inc
Rolls-Royce Ltd—
Am dep rets ord reg
£1
"2", 200 Rome Cable Corp common—.5 U % Sale
2%
1%
-5
1,400 Roosevelt Field Inc
Sale
3
1
3,600 Root Petroleum Co com
9
7%
SI.20 conv preferred
.20
500
Va
%
*
2,900 Rossia Internal Corp
Royalite Oil Co Ltd—
*
63
60
%
1*450 Royal Typewriter com
*
3H
2.50
100 Russeks Fifth Ave Inc
14%
1
23,500 Rustless Iron & Steel Corp
46%
82.50 conv pref
*
650
2H
2%
._*
1,300 Ryan Consol Petroleum
1%
8,700 Ryerson & Haynes Inc com—-1
Sale
*
500 St Lawrence Corp Ltd
Sale
15
A 82 conv. preferred...,.-.50
150
--5 ,3% Sale
36,600 St Regis Paper Co—
Sale
7 %_ preferred..
4,150
— —TOO
Sale
1
7,255 Salt Dome Oil Co
1
1,100 Samson United Corp com—.1
39
Sanford
Mills
*
10
i
1%
5
300 Savoy Oil Co
12
*
2,100 Schiff Co com
IVA
30
29 %
25
8,300 Scovill Mfg Co
Scranton Elec $6 pref
*

10,666
300
300

6,000
100
50

14,100
750

2,755
800

'loo
200

4,800

4%

"""310

20

23

Scran ton-Spring Brook Water
Service 86 preferrek
50
1,900 Scullin Steel Co common
.*)
Warrants..
7,000

"l'ioo
3,600

5%
Sale

%
104%

Mb
Sale

74,500
5,400
300

2,900
550
750

%
39 %

81,100 Segal Lock & Hardwardcom—1
*
10,100 Seibevling Rubber com
*
550 Selby Shoe Co com
.1
8,800 Selected Industries..
Convertible stock
5
1,300

%
8%

1,300
2,050

"3",200

26,666

25

85.50 prior stock
Allotment certificates

—

15

14

13%

11

38

37

1%
2%

2

25%
5

VA
2%

Sale
2

2H

Mb
18%
4%
1%

101*'

57

55

14"" Sale"
Sale

45

VA
1H

2

Sale

Sale

3
72
•

33*

1%
IVs
66

1%

k

39

%

13

14
29

7%

S

%
5%

1
1

Sentry Safety Control..

100 Serrick Corp class B com
700 Seton Leather com

1%
2%

2%
Sale
8

17,300 Shattuck Denn Mining...—5
1,400 Shawinigan Water & Power. .*
8,550 Sherwin-Williams Co com..-.25

11,300
1,000
4,450

340

90

5% cum pref A A A

850 Sherwin-Williams

100

of Can.

ViSale
i8%

18%
Sale

94

5%
18%
92%

Mb
18%
4%
1%

Feb. 10
Feb. 28
Feb. 15
8
Feb.

16

6

10% Jan.

13

14

Feb;

Jan.

25

9

8

37%
1%
2%
26%

Jan.

% Jan.
2% Feb.
24% Jan.

Feb.

24
2

8

Feb.

21

35

1% Feb.
2% Feb.

24

21

26

Feb.

23

5%
%
13%
6A
Me
19%
5%
2%

Feb.
Feb.
Feb.
Feb.

8

Jan.

2

Jan.

20

8

5% Jan.
% Jan.
13
Feb.

Jan.

31

9

5% Jan.

12

Feb.
Feb.
Feb.
Feb.

2

1

16

15

9

10

M? Jan.

9

1

28

20

18% Feb.
4% Feb.
1% Feb.

2

% Jan.

5

13

1

15
8

2

Jan.

10
6

Feb.

9

Jan.
Jan.

9
22

Jan.

4

Jan.

8

101

Jan.

M« Jan. 25
10 104% Feb.
1

104

Jan.

29 104

9 116% Feb.

9 116% Feb.

6%
Mb
19%
5%

Jan.

Jan.

29

116% Feb.

9
29

14

Jan.

10%
1%
2%
7%
Mb

1
Feb.
Feb. 23
Feb. 16
Feb. 15

2

12

2%
3%
7%
%6

Feb.
Feb.
Feb,
Feb.

7
24
6
15

Feb. 24

10%
1%
2%
7%
Mb

1
Feb.
Jan. 18
Feb. 16
Jan. 29
Jan. 12

12%
2%
3%
7%
Mb

Jan.
2
Feb. 24
Feb.
6
Jan.
5
Feb. 24

62

59%
3%
13%
44%
1%
1%
3%
14%
2%

Sale
3%

56% "Feb.

16

59% Feb.

9

56

Jan.

19

Jan.

5

Feb".

20

14% Feb.

9

22

3% Jan.
15% Jan.

30

13%

3% Jan.
13% Jan.

30

Sale

45

Feb.

1

43

Jan.

25

47

11

9

45% Feb.
2
Feb.
2
Feb.

3

1% Feb.

21

%
1%
3%
15
2%
57%
6%
%

9
Feb.
Jan. 12
Feb. 26

'1
31 i

%
13%
30%

46

2%
1%

Feb.

Sale

1% Feb. 19
3% Feb. 26
15
FCb, 16
2% Feb. 20

•68%

66

4

15%

Sale

%

Feb. 23

6% Feb. 21
% Feb. 26

1

5

3% Feb. 26
15
Feb. 16
3% Feb. ■5
2
72% Feb;
■

Feb.

9

Feb.

14

Feb.

1

1

14
Sale

3

*13% Feb. 28
28% Feb.

Feb.

1

3

13% Feb. 26
30% Feb. 21

Jan.

2% Jan.

5
24

15

8

6

Jan.

4

27

45% Jan.

15

Jan.

17

Jan.
Jan.

1

18

26

6

4% Jan.

12% Jan.
28% Feb.

2
Jan.
Jan. 12
2
Jani
Feb. 21
Feb. 26

4

Feb.

2

Jan.
3% Jan.
75% Jan.
Jan.
Jan.
Jan.
1
Jan.
14
Jan.
31
Jan.

35

32

29

27

42%
%
Sale

42%

1%

%
5%

Sale

8

8%

%
4%
53%
54%

7%
Sale
18%
Sale

26% Feb.

8

8% Feb.

14

109?
Sale
Sale
55
Sale

1%
%
2%

% Feb. 28

39% Feb.
% Feb.

3
2

Sale

112

Sale

10

14

Sale

3
39% Feb.
1% Feb. 29

39

Jan.

% Jan.

12
18

9

8% Feb. 21

7

Jan.

16

Feb.

28

10% Feb.

6

10

Feb.

28

%
4%
53%
53%

Feb. 29
Feb. 19
Feb. 17
6
Feb.

% Feb.
5% Feb.
55% Feb.
54% Feb.

2

%
4%
52%
52%

Feb. 29
Feb. 19
4
Jan.
4
Jan.

%t Feb. 21
2

Feb.

27

7

Feb.

6

7
5% Feb.
16% Feb. 29

10%

% Feb. 28
% Jan. 11

Feb.

Feb.

89

Sale

8

9% Feb.
1

24

7

91

113 Mi

26

10

5%
8%
5% Sale
15% Sale

*

Feb.

27

52
9

39

100

Eldorado
.25
Pipe Line stamped*
Silex Co (The) common—

9
28

16

%

2

7

Feb.

5% Feb.

Feb.

10% Feb.
% Feb.

MB

% Sale
%
%

1 h
9

*

2% Feb. 21
2
25% Feb.
1
5% Feb.
1
% Feb.

13

24%

*

%

i*

8

16

27
16

12% Jan.

Sale

11

Selfridge Prov Stores, Ltd—
American dep rets reg
£1
100
700

Feb.

37

14

8
%
% Feb
% Feb.
Feb. 26 104% Feb.
101% 102
102%

8

54%

54

14

21

Feb.

J*

2
3
20

3
24
18
26
17
12

112

28

Sale

54

1

Feb.

Highest

8% Jan.
% Feb.

13

6
16

14

9%
6 %
5
54%
51%
54 % Sale

2

16

10% Feb.
% Feb.

Feb.

116% Feb.

1

Sale

%
18%
5%

115

Sale

5»/4.

8%
%

Sale

Sale

6

10

o

Mb

13

% Feb.

13

5%

3$. 4*

25%

Sale

26
5%

%

17%
10 %

24

Sale

*

850

12%

101

115%

%

9SA Feb.
% Feb.

1

Sale Prices
Sale Prices
Feb.
9
117
Jan.
4 125
Jan.
5
149% Feb.
2 153

Sale Prices

36
1

49%
8%

*

700 Securities Corp Gen'l com
500 Seeman Bros common

"""loo

Sale

1%

1*

Scranton Lace Co common—

%

Ms
19 %

it*

36*

Sale

6

"

"""700

Sale

11

110

10

10

A

—*

Common

Ask

9

Sale

Raymond Concrete Pile1,250

Lowest

Highest

Sale Prices
Feb.
9
Sale
119% Feb. 29 125
Feb. 27
152
153
152
149% Feb.
2 152
13
Feb.
16
13
Feb
16
12%
13%
14 %

Ask Bid
120
120

150

Lowest

Feb. 29

Feb. 1

1940

Jan. 1

475

RANGE SINCE JAN.

PRICES IN FEBRLARY

Since

2,400

EXCHANGE

YORK CURB

AQQBEOATE
SALES

Feb.

21

Feb. 13
113% 112
10% Feb. 20
11%

13
9

% Feb.

2

Feb.

27

2

7%
6%
18%
92%
112%
10%

8
Feb.
Feb. 21
2
Feb.
1
Feb.
Feb. 10
Feb. 13

Mb Jan.

5

2

Feb.

27

7'

Feb.

6

7
5% Feb.
16% Feb. 29

Feb.

21

111% Jan.
10% Jan.

25

2

89

2

Feb.

26

45% Jan.
9% Feb.

15
8

Jan.

2

9
% Jan.
3
39% Feb.
1% Jan. 29

if*
6)1
65*

Jan.
Jan.

5
16

Jan.
Jan.
Feb.

2

Jan.

24

% Jan.

12
27

Feb.

2

7%
6%
18%
96%
114%
10%

5
9

Feb.
8
Feb. 21
Jan. 31
Jan,
5
Jan. 10
Jan. 30

Shreveport

"""566

Simmons-Boardman
200

*

4,200 Simmons H'ware & Paint Co..*
1
800 Simplicity Pattern Co—
100
650 SingerMfg Co..
Singer Mfg Ltd—
Am dep rets ord reg shs—_£1
Sioux City G & E 7% pref. 100
10 IO Skinner Organ Co common—5
Smith (Howard) Paper Mills.*
1
1.200 Solar Mfg Co
10,600 Sonotone Corp
1,700 Soss Mfg Co
1
1,100 South Coast Corp com

"2",300
800
240

"""400
"■"606
6,000
500
600

1

1

1

1

(

1

1

1

2%

1

Sale

4%
4%
2%
30% Sale
30%
29%
44 %
45%
1%
84

"""166

162

"'"166

600 Southern Phosphate Co
5,600 Southern Pipe Line.
5,900 Southern Union Gas com
Preferred A
525

250

3,200
9,700
1,200
3,500

3,000
2,300
900
1,400

660

290

400

'""600

700
100

Ml

100

M

7,900

2,800
1,150

3,500

10
10
*

74*

170

2

2%

15%

34

Jan.

18

21

19

Jan.

5
25

2%

2%

Sale
T* ;i%

21%

Spalding (A G) & Bros Inc
1
5% 1st preferred
*
Spanish & General Corp Ltd
Am dep rets ord reg shs.._£l
Spencer Shoe Corp
*
Stahl-Meyer Inc com
*
Standard Brewing Co
.-*
Standard Cap & Sea! com
1

2%

...10

1% Feb.
1% Feb.
148% Feb.

VA Sale
1% Feb.
VA
VA
1% Feb.
Feb.
143% 145% 143

15% Jan.

29

Jan.

8
13
2

10
3

19

1% Jan.
1% Feb.

1% Jan.
1% Feb.

155

Feb.

143

Jan.

13
8

2%

2

"T"
1%
1%
4%
2%
29%
28%

1%
55

Sale

29

75*
Sale

6

2%

23
a

VA

Sale

12

Mil Sale
2%
1M

14*

2%
%
Sale

19 H Sale

"5%
41 %
23%
2%
12%

1%

Sale

25
3

13%

Sale

4%

29%
43%
1%
65

167
6

6%
2%
17%
5%

15^ Sal*
Sale

VA
12%

2%
13%
9%
Sale

8
Feb.
1
Feb.
Feb. 28
Feb. 14
1
Feb.

30

29

Feb.

5

45%
1%

45

Feb.

27

4%
Sale

72
172

6%

I*
19%
5%

39% Sale
32
34%
3
2%
14%
14%

"VA Sale"
15%
20%

% Feb. 21
1%
1 %
4%
1%
29%

2

30

1%

21%

%

V*
Sale
a

2%
Sale

169

5%
5%
2%

%

Sale

46

43

164

"4% "5%

10

preferred

Sale
1%

25

Southland Royalty Co.
South Penn Oil
So West Pa Pine Lines

Conv

VA
1%

"~l"
1%

100

7% preferred
500

14%

103

%

South New Engl Telep Co.. 100

2,700
1,700

2

154

152

100

120

lh

VA
1%

6,500 Sou Calif Edison 6% pref B. .25
5% % p^f class O
25
5,600
5% original pref..
25
360
1,400 Southern Colo Power cl A—25

3,600
3,400

15

14

Pub

Corp conv pref

1% Feb.
167

Feb.

6%
5%
2%
18%
5%

6

Feb. 10
2
Feb.
9
Feb.
Feb. 27
2
Feb.
Feb.

2% Feb.
13% Feb.

1% Feb.

% Feb.

21

15

3

2

1% Jan.
1% Jan.

13

1

4

Jan.

5

Feb.
Feb.
Feb.
Feb.

6
8
2

1

3

30% Feb. 28
29% Feb. 26
45% Feb. 27
6
1% Feb.

17 167

39% Feb. 28
25

% Feb. 21
1%
1%
4%
2%

Feb.
6% Feb.

17
1

7% Feb. 26
Feb.

14

19% Feb.
5% Feb.
42% Feb.

13

Feb.

24

2% Feb.
15
Feb.

5

3

35

2
2

16

1% Feb. 29

3 % Feb.
29% Jan.
28% Jan.

1% Feb.
167

Sale*

15

Sale

20% Feb. 23

Feb.

1

15% Feb.
21% Feb.

-

Feb.

6%
4%
2%
14%
5%
39%

Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
22
Jan.
2% Jan.

Jan.
Jan.
Feb.
Jan.

3
2
1
6

31

30% Jan.

30
3

29% Feb. 26

2

46

Jan.

2

Jan.

3

17 167

Feb.

17

6

22

3

6% Jan. 23
7% Feb. 26

4

3

10

Jan,

8

13

19% Feb.
5% Jan.

13
13

28

44

Jan.

10
3

35

Jan.

2

15

Mb Jan.
1% Feb.

2

Mi Jan.
2
1% Jan. 16
2
Jan.
4
% Jan. 23
9
15% Feb.
21% Jan.
8

12

2

1%

Jan.

45

14

% Feb. 21

1%
1%
4%
2%

5

1

Jan.

4

% Jan.

23

3

Feb.

24

2% Jan.

11

Feb.

16

9

14

Jan.

2

2

19% Jan.

2

l%?Jan.

3

2% Feb.

9

12%fJan.

23

lSM.Feb.

14

"i Jan.

25

10%*Feb. 26

20%i-Feb. 15

Standard Dredging Corp—
200

100
400

1,000
6,700
3,900
375

1,700
400

<

$1.60 conv preferred
.20
450
1,350 Stand Invest $5Mi preferred..*
10
16,800 Standard Oil (Kentucky)
25
7,300 Standard Oil (Ohio) com..
5% preferred
100
625
1
9,000 Standard Power & Lt com
Class B common
._*
1,200
600

100

800

3,800
2,500

2

Common

87 preferred

4,900 Standard Products Co
14,400 Standard Silver Lead
6,300 Standard Steel Spring Co

300

100

For footnotes see page




53.

i*

Sale
Sale

108%
Sale

Mb

%

9%

20%

30

29

109

%
%

Sale
Sale
Sale

*
..1
1

5

1
800 Standard Tube class B
Standard Wholesale Phosphate
& Acid Works
....20
100

/

12%
Sale

9%
40

1%

Sale
Sale

1%

9%
9%
*/& Sale
34
Sale
1% Sale

20% Feb.

1

29

Feb.

5

109

Feb.

1

9
2% Feb.
13% Feb. 14
10% Feb. 26
20% Feb. 15
30% Feb. 19
110
Feb. 21

1
% Feb.
% Feb. 29

%*Jan.

% Feb.

19
1

22%|Jan.
8%|Feb.

9
2% Feb.
12% Feb. 20

9% Feb.

2

14

24

Feb.

8%
%
33%
1%

Feb. 28
Feb. 15
Feb. 24
1
Feb.

21

Feb. 29

% Feb.
Feb.

14

*9% Feb.
Mb Feb.

8

37% Feb.

13

24

20

Jan.

3

29

Jan.

24

108%?Jan.

19
19

'A

2

Feb. 21
Jan.
3

Jan.
£ Jan.
27%

10
11

28

10

Jan.

19

8

Mb* Jan.

15

33%lFeb. 24

40%jJan.
l%*Feb.

3

% if Jan.

1

1

Feb. 29

21

-

32%fJan,

12 110

20

%|Jan.

8

1% Feb.
21

~

Jan.

22

Feb. 29

_

21

8

Feb. 29

March, 1940]

new

york

curb

exchange

49

AGGREGATE
SALES

PRICES IN FEBRLARY

new york
curb exchange

Since
Jan. 1

Shares

STOCKS (Continued)
9,200 Starrett (The) Corp vtc

Par

Bid

1

Ask
Sale

12

135*

13

5% 2d preferred

350 Stetson (John B) Co com
1,400 Stlnnes (Hugo) Corp
800 Stroock (S) & Co Inc
2,400 Sulli van Machinery Co

1,000 Sun Ray Drug Co com
12,000 Sunray Oil

4

Sale

35

Sale

1

6

1

35

7% preferred A

10 y

IX

H

36

35A

365*

34

6A

6A

7A

II

*

...

95*
A
63 A

14,800 United Corp warrants
400 United Elastic Corp
103,700 United Gas common
$7 1st non-voting pref...
11,100
Warrants
9,300
100 United G & E 7% pref
100
*
40,100 United Lt & Power com A..
*
Common class B..
9,700
*
$0
1st
pref
70.300
*
*

United Molasses Co Ltd—
Am dep rets for ord reg._

10 A
33 A

14
15*
64 5*

Sale
Sale

?t
Sale

1y

5,300 U S & Internat Sec com
1st preferred with warr
4,415
56,300 U S Lines Inc pref

11,100 U S Plywood Co common
$1.50 conv pref
5,550
1,800 U S Radiator common
600 U S Rubber Reclaiming
400 U S Stores Corp com
$7 conv 1st pref
30
com

Universal Consol Oil Co
Universal Cooler class A
Class B
Universal Corp v t c

15*
2
115*
12 A
2 A
3y
17 A Sale

'At

25
.1

6A

Sale

135*

14

59

61

5A

11*

60

% Sale

1H
935*

a

Sale
Sale

Sale

20
1

♦
50c
*

85
1

2,800 Walker Mining
300 Wayne Knitting Mills
4,600 Wellington Oil Co common

a

1 **

Sale

55*

VA

A
A
83 A Sale

A

5A

4
4A

4A

A
81A Sale
4A

Sale
7

"'A '"'A
3A

22
30

1A
2A

Sale

Sale*
^ Sal^

Sale

63

Sale
Sale

35*
35*
215* Sale

Sale

29

Sale

2

Sale

2A
3A

2A

2A

2$ Sale^
13

4
1

8**
1A Sale
Sale

62

1

9
8

13
1

Sale
98**
Sale
88
Sale
Sale
Sale

55*

145*
5A
2A
Sale

185*
9**

"15* Sale"
615*

62**

1

52 A

1$

1A
Sale

18*4

VA
Sale

iA
18

i y
19**

25

26

ia
72

10**
4A
5A

iy
75

Sale

1

M
n
H
1** Sale

17*|
1

73

Sale

43

43**
Sale

Sale

65* Sale

Sale
1 **

4

16*|
62

1

54

1A
155*

67

69

10

10**

10**

55

5

45*

65*

7

71

VA
3'

VA
4A

15*
35*
5*

i

iy

1

13**
25*

15

3y

2**
45*
1

14

ilm

3

35*

Sale
2

25*
y
55*

Jan.

9

13

Jan.

9

31

95* Jan.

19

45* Jan.

Jan. 10
Jan. 16
Feb.
7
Feb. 27
Feb. 23
Jan.

2

Jan.

2

29

365* Jan.

23

6

Jan.
Feb.
Feb.

8

4 1135* Feb.

13

Feb.

26
9

105* Jan.

20

70

Feb.

1

645a Jan.
1055* Jan.

3

35*
5*
5*
15*
125*
35*

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

18

105*
395*
3**
75*

Feb. 21

Feb. 21
Feb.
Feb.

16

14

45* Feb.

16

24

1

14

24
19
1

29

28

Feb.

2

Feb. 24
Feb. 20
6
Feb.
Feb. 29
9
195* Feb.
J*
15*
135*
3 A

70

Feb. 27

5
242

5*
715*
435*
4**

Feb. 17
55*
Feb. 29 243 5*
5
Feb.
15*
Feb. 29 825*
5
44
Feb.
1
Feb.
55*

55* Feb.

2

7

1

Feb.

& Feb. 23
62

Feb.

3

26

Feb.
Feb. 28
275* Feb. 28
15* Feb. 20
2
2** Feb.
5* Feb. 15
21

** Feb. 13
25* Feb.
1

Feb.

1

185* Feb.

8

95* Feb.
165* Feb.
15* Feb.

2

6

615* Feb.

6

15*
1 **
57

1$
165*
Sale
Sale
Sale
Sale

75*
75*
5*
66**
6

Feb.

27

Feb. 23
Feb. 20
Feb. 19
5
Feb.
Feb. 14
9
Feb.

Feb. 20
Feb. 15
Feb. 10
Feb. 29
Feb.

19

23** Feb.
305* Feb.

8

2

Feb.

9
1

25* Feb. 23
5* Feb. 15

1

iy Feb. 27
1
Feb.
6
1
535* Feb.
6
5* Feb.
1
15* Feb.
155* Feb. 26
15* Feb.
17

5

Feb.

15

265* Feb.

3

1

5* Feb.
25* Feb.

13

45* Feb.

8

Feb. 27
Feb.
9
185* Feb. 13
15* Feb. 24
625* Feb. 19
11

15* Feb. 27
1

Feb.
6
Feb. 21
6
5* Feb.
2
15* Feb.
5
185* Feb.

9

1

Jan.

9

26

59

Jan.

26

20

5

Jan.

31

105* Jan.

20

112

Jan.

At Jan.
1

Jan.

25* Feb.
At Jan.
z85* Jan.

71

66

14
10

11**

105* Feb.

2

115* Feb.

Feb. 28
Feb. 28

55* Feb.

45*
Sale

2

7

1**

25*

2

Feb.

17

5

35* Feb.

6

1

Feb.

145* Feb.
3

Feb.

5

6 1075* Feb.

19

3 115
Jan.
22
5* Jan.
31
15* Dan.

29
2

23

3 5* Dan.
At Jan.
z85* Jan.

19

31

5* Feb.

24

15* Feb.

19

12

Jan.

4

35*
175*
645*
55*

Feb.
Jan.

29

Jan.
Jan.

18

12

2

15

7
3

31

105* Jan.
3
395* Feb. 21
35* Jan. 20
8

.?

Jan.

11

45* Jan.
15* Jan.

2
11

1

Jan.

5

15* Jan.

10

135* Feb.
6
35* Feb. 29
195* Feb.
9
64 5*'Jan. 18
75*|Feb. 24

Jan.

18

Feb.

Jan.

22

Jan.

1
At Feb.
5* Jan. 11

Jan.

65* Jan. 24
15* Feb. 29

9,

I
8

29
4
9

Jan.

3

Feb.

14

25* Jan.

4

925* Jan. 15 101
8
5* Feb.

Jan.
Jan.

26

83

Jan.

11

15* Jan.
Jan.

3
3
8

Jan.
Feb.

27

Jan.

22

8
5* Feb.
5* Feb. 28
295* Jan. 31

24

Jan.

3

70

Feb.

27

45* Jan.
240

Jan.

10

89

313
24
70

Jan.

3

3

55* Feb. 23

25 2435*

Feb. 20

8
5* Jan.
715* Feb. 29

15* Feb. 19
835* Jan.
2

43

Jan.

9

44

Feb.

14

4

Jan.

5

55* Feb.

9

45* Jan.
65* Jan.
5* Jan.

2

75* Feb. 20
75* Feb. 15
5* Feb. 10

61

Jan.

3

195*
275*
15*
2 5*
At

3

2

Feb.

29

Jan.

5

Jan.
Jan.
Feb.

15

Feb.
Feb.
Feb.
Jan.

19
8

Jan.

12
20

2
Feb.
Jan. 27

Jan.

Jan.

13

Jan.

3

Jan.
Jan.

3

5* Jan.

3

3

25* Feb.

8

Jan.

Jan.
Feb.

4

3
24
6

Jan. 22
Feb.
6

15* Feb. 27
1

Jan.

5

Jan.

17
12

Jan.

17
25
1

9
6

12
11

175* Jan.
85*
165*
15*
615*

9

23

Jan.
Jan.

24

5* Jan.

23

13

Jan. ,25
Jan. 15

45* Feb.

8

23
11
18

Feb.

13

1

Feb.

66

Jan.

24
8

Feb.
Feb.

27
9

15* Feb. 27
15* Jan.
55
Jan.

24

At Jan.
15* Jan.
205* Jan.

11
8

9

3

15* Feb. 21
225* Feb. 20
285* Feb.
7

Jan.

11

Feb.

14

Feb.

10

76

Jan.

8

9

95* Jan.

30

115* Feb.

9

9

45* Jan.
55* Jan.

15
4

55* Jan.

9

Feb. 29

7

Feb.

29

Feb.
Feb.

15* Jan.
35* Feb.

18
6

2

Jan.
Jan.

11

1

Feb. 17
Feb. 24
Jan. 11

145* Jan.

12

90

4

Jan.

354 Feb. 14
5* Feb. 24

15

Feb.
Feb.
Feb.

70

1
85*' Feb.
315* Jan. 26
25* Feb. 29
75* Feb. 10

54

Feb. 21
22
Feb.
reo.
20
7
285* Feb.
5
15* Feb.
At Feb. 13
69
Feb. 26

2
25* Jan.
235* Feb. 29
125* Feb. 21

Jan.

8

23

9

5* Jan.

5

105*
18
Sale

70

6

45* Jan.

60
1
'A» Feb.
5* Feb. 15
5* Feb. 24
5* Feb. 10
9
65* Feb.
8** Feb. 14
15* Feb. 29
1
15* Feb.
975* Feb. 28 101
Feb.
5
8
5* Feb.
5
'At Feb.
8
875* Feb.
8
875* Feb.
8
5* Feb.
1
15* Feb.
5* Feb. 28
8
5* Feb.
30
Feb.
1
38
Feb. 27

At

13
15

18

Feb.

1
Feb.
2
Feb.
Feb. 29
Feb. 10

H

5
2

1

85*
315*
25*
75*

3

12

5

Feb. ■27

6

Feb.

At Jan.
5* Jan.
125* Jan.
1105* Jan.
25* Feb.

33

Feb. 26

25

Sale

1** Sale

62

1

V*

A
At
25* Sale
13**
145*
4
5**
15*
2

19
26**
1 5*

16**
25**

a

28** Sale

215*
85*

13

z65* Jan.

45* Feb. 24

At Sale

663* Sale
4** Sale

1**
20**
265*
1**

55*
6

iy

53 ** Sale

55*
Sale

15*
25*
At

22

Jan.

65

Sale
Sale
9

242
1

21 J*

Jan.

2

Jan.

145* Feb. 29

6%

36

21

125* Feb.

45*

11

Feb.

45*
5*
105*
105*
13

29

13** Sale
60

5*
**
75*
1**
97**
5*
83**
%
5*
365*

365* Jan.

34

16
20

75* Feb. 24

1

♦

1

2** Feb. 13
5
18** Feb.
3
115* Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

55* Feb.

5

1

.5

2

5**
355*
5*
At
165*
1135*
25*
23**
125*

Sale

75

...»

Class B

7

70

1

*
100
♦
.♦

Feb.

75* Feb. 23

2 107"** Feb. 19
1065* Feb,
1145* Feb. 10 115
Feb. 26
A*
5* Feb.. 13
A Feb. 13
1
" Feb.
1
*15* Feb. 20
25* Feb. 23
7
35* Feb.
7
At Feb.
** Feb. 14
7
85* Feb.
7
8** Feb.

Sale
185*

78

650 Universal Products Co.
8.500 Utah Idaho Sugar Co
1,700 Utah Pr & Lt $7 pref

1,400 Wagner Baking com vtc
7% preferred
"""300 Wahl (The) Co common
1,000 Waitt & Bond Inc class A

113

65

ib

68

78

3

2,400 Waco Airfraft Co—

8

57

i*

68

18

2,100 Van Norman Mach Tool com.5
1
36,500 Venezuelan Petroleum
Rights
77,800
610 Virginia Pub Serv 7% pref .100
*
2,100 Vogt Mfg Corp

ii

26

*

1
5

1
29

1

Sale

23

*

10c
1,500 Utility Equities common
$5.50 priority stock
1
1,325
5
1,200 Utility & Ind Corp com
Conv preferred
7
6,500
4,850 tUtil Power & Lt 7% pref—100

23

26
17

Feb.
Jan.
Feb.
Jan.
Jan.
15* .Jan.
335* Feb.
4**
5*
95*
95*
105*

.

26

2
10

*

'At

23**

1

6,600 Valspar Corp common
$4 conv pref
725

88
Sale

A

50c

5

109

30

61
1

Feb.

14

iy
34 A Sale
22
245*

8

com

IV*
65

1A Sale
98** Sale
At
'A

700 Universal Insurance
1,900 Universal Pictures com

100 Utah Radio Products

Sale

A Sale
A
A

lH

y

5

*

Feb.
Feb.

1

115

35*

28

5

5

67

18

Feb. 10
Feb. 13
Feb.
7
Feb. 27

59

1A

100

*

Sale

9**
9**
37
35**
25* Sale
75*
75*

i*8'

Feb,

** Feb. 20
5* Feb. 20
1
145* Feb.

Sale

8 A Sale
31A
32y
3
35*
7A
7A

18

12

19

15* Feb.

33

VA

lx: l'A
tS 10*

1A
1A
VA
12 A Sale
2A
3A

Jan.

35* Feb.

1

19

2

45*
**
10**
105*

Feb.

Feb.

Sale

114

A

2

23

Feb.

35* Feb.

14**

115*

35*

2

9

3y
Sale
9

Sale

Feb.

75* Feb. 23

15

63
108

1

Feb.

8

35A Feb.

Sale

4

36

17

23
15

34

1

A

29

Feb.

55* Jan.
15* Jan.
2** Jan.

75* Feb. 23

Feb.

3A

8A

Jan.
Jan.

8

13

At

/At

a

33

17

35

4A

\K

4

26

Feb.
Mpeb-

4A

14

16

Feb.
Feb.

10

Sale

33

Sale

36
8

15* Jan.
5
Feb. 20
145* Jan.
2
45* Feb. 16

62

12

...

7

56

a

18

Feb.
Jan.

20

12

12** Feb.

34

12s
11A

Jan.

62

2

13 A

2A

n„%
70

1

20

56

4H

4,400 United Profit Sharing com. 25c
.25
13,300 United Shoe Mach com

common

4** Feb.
** Feb.
95* Feb.

Sale
36

15*|
113 A

At
a\At
1 5* Sale
3*3
35*
A Sale
8
9A

10c

♦

4A

1

Feb.

10 A
10 A

At

60
Sale

4A

25 Union Stock Yds of Omaha- 100
—1
10,100 United Aircraft Prod

Preferred
5,600 United Specialties common.

16

Sale

H

880

15* Feb.
25* Feb.

Sale

.10

70 United N J RR & Canal

1A
2A

115*
15*

„*

$3 preferred

2

20

__1

com.

Feb.

1

200 Union Investment Co com.

75 United Milk Products

6

5

*

4,000 Union Premier Food Stores

United Chemicals Inc—
Common
1,900
300
$3 cum partic pref
79,400 Un Cigar-Whelan Stores

Sale
Sale

5*

1105*

*

Series B pref
300
1,100 Unexcelled Mfg Co Inc
Union
Gas of Canada
1,000




10

13

32

Sale

17

A
9

38
345*

Sale

26

15* Feb.
145* Feb.
45* Feb.

62

15

Feb.
Feb.

Sale

25,200 Udylite Corp
1,100 J Glen & Co series A pref—

•

A
Sale
10 A
12 A
VA

4** Feb.
8

Sale

1A

27

36

2

5s
*
100
-.100

Toledo Edison 6% pref

For footnotes see page 53

7A
2A

Sale

100

Common
7,000
Class A
1
3,500
1,900 Tung Sol Lamp Works com..l
80-cent dlv pref
1,400
♦

100

45*
39
8A

o

•

200 Trunz Pork Stores Inc
Tubize Chatillon Corp—

17,100

4

34

IH
335*

5*

*

Am dep rets def reg
Todd Shipyards Corp

2,300 United Stores Corp
24,000 United Wall Paper

9

40A

Tobacco Secur Trust Co Ltd—
Am dep rets ord reg shs
£1

66.200 U S Foil class B
950 U S Graphite Co

20

Feb.

3

A

Sale

65*

7,300 Trans-Lux Pict Screen com.-l
7,400 Transwestern Oil Co
10
6,600 Tri-Continencal Corp warr

25

Feb.
Feb.

14

Sale

9A
9A

9%
105*
125*

33

1

600 Tonopah Mining of Nev.

1,000

ji

Highest
Sale Prices

1
62

55*

2A

Lowest
Sale Prices

13 A

4A

5A
2

Highest
Sale Prices

63

13

300 Tobacco & Allied Stocks

90

y
9H
95*

345*

15

5,300 Tobacco Prod Exports

200

6
2
2h

2

10,600 Thew Shovel Co common
4,500 rilo Roofing Inc
500 Tishman Realty & Oonstr

,

; 35*

Lowest

12

15*

1

Sale Prices

1
58

15

common

6,700 Taggart Corp com—...
4,300 Tampa Electric Co
300 Tagtyeast Inc class A
3,500 Taylor Distilling Co
49,100 Technicolor Inc common
220 Texas P & L 7% pref
3,900 Texon Oil & Land Co..

*

55*
15*
25*

11

....

2,600 Swan-Finch Oil Corp

"l~425

1A Sale

Ask

4A

*

55*% conv preferred
50
2,100 Superior Oil Co of Calif
25
Superior Portl Cement A—

400

Ask Bid

7

5

950

Class B

Feb. 29

20

5,000 Sterling Aluminum Prod
2,100 Sterling Brewers Inc.
4,500 Sterling Inc

25

Feb. 1

*

-

(A) & Co

com—*
*
4,600 Sterchi Bros Stores Inc.
125
6% 1st preferred..-....-.50

100

Bid

1

25 Steel Co of Canada ord
600 Stein

RANGE SINCE JAN.

Price
Jan. 2
1940

17
24

15* Feb. 24
7
145* Feb.
35* Feb. 19

66

1
1

3

Jan.

15

11

15* Jan.

3

% Feb. 13

4

15* Feb. 24
145* Feb.
7
4

Jan.

22

NEW

50

YORK CURB

EXCHANGE

AGGREGATE

February

Jan. 1

„

Jan. 2

EXCHANGE

CURB

l,900j
3,600
50

STOCKS (Concluded)

Western Maryland

210

90

Feb.

1940

Par
5,800 Wentworth Mfg Co
—1-25
1
8,500, Western Air Express Corp
150 Western Grocery com
20
%

1

Price

NEW YORK
Since

$

RANGE SINCE JAN.

PRICES IN FEBRLARY

SALES
In

Bid

1%
4%

Ask

Bid

1 %
434

1%
5

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Feb. 29

1

Ask Bid

1

1
Sale

Ask
.

433

533

133
Sale
634

134 Feb
433 Feb.

6
14

1 % Feb
17
4% Feb. 21

134 Jan.
434 Jan.

31
12

Jan.

3

534 Jan.

6

Feb.

26

6

Feb.

26

6

Jan.

11

6

3
11

55

Ry—
55

100

7% 1st preferred

Sale

2

Jan.

Feb.

27

59

Feb.

16

55

Feb.

27

5934 Jan.

6

1734 Feb.

13

1734 Feb.

13

1434 Jan.

15

1734 Feb.

13

1033 Feb.

19

11
10

29

19

Jan.
Jan.

1034 Jan.

1033 Feb.

1034 Feb.

19

Western Tablet & Stationery
15

750
Common
475 Westmoreland Coal Co.
375 Westmoreland Inc

200

"~l25

West TexasUtil

250

160

$6 preferred

300

1,100
100
100

1,900
75

-.

10

1034
933

*

100
9933 101
2
134
iys
8
633
734
6
533
534
634
634
633
134
133
1%
8
9
834
11
10
1034

.10
2

4,200 Wolverine Port Cement
7,500 Wolverine Tube Co com

1

400 Woodley Petroleum Corp
Woolworth (F W) Ltd—

5s
*

Am dep rets ord shs
4,300
60,100 Wrigbt-Uargreaves Ltd

1,400
23,900

1834
1133
1033

*
*

234
634
534
634
1%
7%

§£
5 34

Sale
734
154
734
8
11
-11%
634
134

10

233
7
Sale
Sale
2
8
1134

9

434
634

434 Sale
634
634
5

5

Sale

11%
633

11%
12%
634 Sale

10634 10934
434
Sale
433
634
Sale
634
5
533
5%

1234

1333
Sale

27 102

Feb.

Feb. 23
3
Feb.
1
Feb.
1
Feb.
Feb. 13
Feb.

3

Feb.

16

Feb.

234
734
634
634
134
933
11

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

9634
134
634
534
634
134
734

Jan.
Feb.
Feb.
Jan.
Feb.
Jan.
Jan.

10

Jan.

102

Feb.

8

234
734
634
634

Jan.

19

Feb.

15

Feb.

1

2

Jan.

26

934 Feb.
113* Jan.

14

Feb.

19

8

3

1

Winnipeg Elec com cl B
*
50 Wisconsin P & L 7% pref__100
1,300
3,100

17

18

Itier Co—

4,600 W Va Coal & Coke com—--- *
450 Weyenberg Shoe Mfg Co
1
10
3,200 Wichita River Oil Corp
100 Williams (R C) & Co
*
900 Williams Oli-O-Matic Htg_--»
*
3,100 Wilson Jones Co com.
875 Willson Products Inc...
1

2,300

16

17

13
Sale

6

10434 Jan.

433 Feb.
634 Feb.

433 Feb.
634 Feb.

1

26

4 34

Jan.
634 Jan.

5

Jan.

4 107

34 Jan.

4J4 Jan.

30

2
31

7 34 Jan.

4

2

534 Jan.

22

9

12

Feb.

8

12 34 Feb.

Jan.

4

Feb.

23

634 Feb.

28
1

12

6

6

Feb.

23

654 Jan.

5

29 10334 Feb.
Feb.
19 105

1

102

Feb.

26

29 103 34 Jan.
19 10534 Jan.

19

12h Feb. 28

BONDS—

107,000
7,000
39,000
31,000
91,000

1967

317,000 Alabama Power 434®
23.000

66,000
103,000
137,000

1956
1968
1946
1951

1st & ref 5s
os_

1st 5s

1st & ref

os

Sale

10334

Feb.

104

105

104

Feb.

104

10534

10734

Sale

107

10734

10634

Sale

10434

Sale

102
Sale
10233 Sale
104
105 34 10434
105
10634 Sale
10433 10533 104
108
10834 10734
10734 108
107
107 34 10434 10534 10433

Feb.

Feb.
Feb.

15 10634 Feb.
Feb.
8 109

27 10734 Feb.

10434 Feb.

Amer Gas & Elec deb 5s _-2028

9

Jan.

15 10634 Jan.
3 109
Feb.

28

10434 Feb.

27 10734 Jan.

15

104

Feb.

28

107

13

1

1951

5s registered

179",000

10234

10634 Jan.

2

10634 Jan.

19

11

American Power & Light—

2016

6s___:

101

I0i

iol

102

Sale
10734
109
Sale
12733 12634

1,221,000

31". 600

48",000

50,000
143,000
38,000
1,000
75,000
521,000

86,000
205,000
50,000
1,000
201,000
1,571,000

Appalachian El Pow 4 34s-1948
4s
1963
Appalachian Power 6s.-2024
6s A registered
2024
Arkansas Pr & Lt 5s
196b
Associated Elec 434s
1953

10734

10633
6033

Sale
Sale

17,000
244,000

94,000 X*Assoc Gas & Elec 434s_-1948
♦5s.
1968
1,618,000
♦5s registered
.1968
♦4 34 s series C
1949
1,479-606
♦4 34s registered
1949
♦534s
1977
145",666

2534
2833

Sale

17

Sale

17

2634

Sale

16%

34

Sale

1834

28%

Sale

17

7234

Sale

7134

6s registered
American Seating 6s

2016
stpd-1946 "99" 161"

Sale

Sale

9933

460,000

33

34

102

9953 Feb.

Sale" 10134

181",000
39",000
152,000

1,021,000

85.666

214",000

♦Cony deb 5s

1950

♦5s registered

1950

Assoc Tel & Tel 534s

A—1955
534s A registered
1955
l"0",666 Atlanta Gas Light 434s—1955
67,000 Atlantic City Elec 334s—1964
28,000 Avery (B F) Sons 5s w w__1947

"9",000
23,000
20,000
11,000

29,000

5s

Baldwin

122,000
32,000

572,000
483,000
187,000
147,000
1,000
520,000
330,000
77,000

134,000
91,000
102,000
79,000
48,000
137,000
265,000

437,000
126,000
203,000
149,000
177,000
332,000
640,000

254,000
235,000
62,000
110,000

193", 000

Works
1950

Locomotive

^Convertible 6s

Bell Tel of Canada 5s B-..1957

Bethlehem Steel 6s

1960
1998

6s registered
Birmingham Elec 434s
Birmingham Gas'5s

1998
1968
1959

5s series O

Broad River Power 5s A--1954

Canada Nor Power 5s
1953
Canadian Pacific Ry 6s—1942
Carolina Pr & Lt 5s
1956
Central Power 5s ser D—1957
Cent States Elec 5s.
1948

1954

534s_

Cent States Pr & Lt 5 His.-1953

Chicago 111 Midland Ry—
434 s series A
1956
18,000
Chicago Junction Rys &
Union Stock Yards 5s__1940
41,000
216,000 jAChic Rys 5s ctfs of dep—1927
69,000 Cincinnati Street Ry 534S-1952

5,000
22,000
111,000
22,000
3,000

15,000

41,000

554",066

5

10634 Jan.

Feb.

1

47

Feb.

19

6234 Jan.

Feb. 28
Feb. 28

16 34 Feb.

3

30

Jan.

3

2

1434 Feb.
1434 Jan.

28

17 34 Feb.

11

2834 Jan.

3

2

1434 Jan.

11

2634 Jan.

2

27 107
55
19

14 34
15

Sale

15

17%

14 34

Sale

1434 Feb.

29

1634 Feb.

1 933
18

1534

16

Feb.

23

15

Feb.

28

1834 Feb.
17 34 Feb.

71

Feb.

28

75

1833
Sale

Sale

10634 107
107 34 Sale
9734
98
93
9133

11634 11733
11533 Sale
11634 117

1434

,

71

1 534

1633
1533

Sale

14 34

10833 10633 Feb.

108
Sale
Sale

10733 Feb.
98
Feb.
93
Feb.

108 34 Feb.

2

100 34 Feb.
95
Feb.

29

21

97
Feb.
1
96
Feb.
Sale
9734 Feb.
9534 Feb. 28
9534 Sale
1 10234 Feb.
10133 10233 10054 Feb.

8

Sale
Sale
Sale

9634
9634
10034

Sale
Sale
Sale

9934
7834
10633
9933
3834

Sale

9833
8234
10634

96
96
Feb. 26 9934
Sale
83
82 33
8034 Feb. 19
83 34
8134
1 107
106 34 Feb.
Sale
10633 107
1 10034
99
Feb.
Sale
10034 Sale
3234 Sale
3234 Feb. 29 3634
3634
3634
33 34 Feb. 29
33 34 Sale
Sale
1
Sale
7634
7633
7434 Feb.
Sale

99

Sale

35 34
3634

7433

Sale

7434

10433 10534

29

1 11334 Feb.
105 33 Feb.
Feb.
10934 Feb. 26 114
11034 Feb. 27 11534 Feb.
Feb.
6 151
144 34 Feb.

97%
9433
10034

38

21

107 34

100 34
95

Sale

81

8

107

141

Sale
Sale
Sale

Feb.

107 34 Feb.

105 34 Sale
11134 Sale
110
Sale
11334 Sale
Sale
11534 11634 111
148
151
14434 Sale

9654

_,0

104 34 10533 104 34

10534 104 34 Feb.

9

3

17

5

20

Feb.

5

Feb.
Feb.

20

3

Feb. 24
Feb. 17
9
Feb.
Feb. 10

2 105 34 Feb.

15

87
90

----1966

77

79

7034

Sale

74

Sale

7034 Feb.

74

Feb.

21

68

Sale

7133

Sale

6733 Feb.

7234 Feb.

9

10033
46 33

Sale
Sale

10034
4734

Feb.

16

Feb.

15

Jan.

6834 Jan.

3

3

9 127

Feb.

9

2 107

Jan.

15
8

3434 Jan.
2854 Jan.

17

75

Feb.

10634
10654
9534
9234

Jan.
Jan.
Jan.
Jan.

10 10734 Feb.
2 10834 Feb.

95

Feb.

105

Jan.

8

21
2
3 10034 Feb. 29

15

29

23 120

Jan.

10934 Feb. 26 116
11034 Feb. 27 117

Jan.

9

Jan.

24

Jan.

2 151

Feb.

17

139

Jan.

29 139

Jan.

29

96

Jan.

21

9434 Jan.
10034 Jan.

2

141

96

8034
10634
9834
3234
33 34
7134

3

9834 Jan. 11
9934 Jan. 20
11 102 34 Feb. 20

Feb. 26 10054
Feb. 19 83 34
2 107 34
Jan.
Jan. 31 10034
Feb. 29, 41
Feb. 29 4134
Jan. 12 7634

10

Jan.

25
16

Jan.

Feb.
Jan.
Jan.

Feb.

24
8
8

10

Jan.

8

10034 Feb. 26 10034 Jan.

2

10434 Feb.

2 106

Jan.

Feb.

7

Jan.

17

85

Jan.

3

90

Feb.

21

90

Jan.

4

91

Feb.

14

70

Jan.

31

80

Jan.

8

6734 Jan.

30

7834 Jan.

8

66

7034 Feb.

31
19

77 34 Jan.
70 34 Feb.

19

66

Jan.

31

8234 Jan.

24

83

Jan.

24

7634 Jan.
92 34 Jan.
9234 Jan.

9534 Feb.

46

49

1966
1950

7634

Sale

1950

-

1958

5s

75" Sale
7433
9133
9234

9234

76
Sale

71"~ Sale'

66

Sale

7133

Sale

66

Feb.

1

83 34
8334

Sale
Sale

85

Sale

83

Feb.

1

8534

Sale

83% Feb.

1

7134 Feb. 20
7034 Feb. 19
7134 Feb. 26
9
8834 Feb.
8
88
Feb.

1

'0634 Sale"

Sale

1

6634 Feb.
7034 Feb.

19

Jan.

8
9
4

4

94

Feb.

9534 Feb.

9

91

Jan.

19

133

Feb.

16 133

Feb.

16

133

Feb.

16 13434 Jan.

9
24

12534 12734 12533 12633 12534 Feb.

27 127

94

Sale

132

140

131

126 34

129 34

Sale

137

94 34

133

Sale
138

Feb.

5

12534 Feb. 27 12734 Jan.

24

8 108J4 Feb.
10834 10834 10834 Feb.
10833 109
Feb.
10934 11034 10934 10933 10934 Feb. 27 110

17

Jan.
3 109
10734 Jan.
10934 Feb. 27 11034 Jan.

30

17

7834 Jan.

12

85

34 Feb.

17

16

88

Jan.

30

93

Jan.

10

5334 Jan.

11

Feb.

26

5834 Feb.
9634 Jan.

Feb.
Jan.
Feb.
Feb.

17 107

Consol GEL&P Bait—

1969

334 s series N

1971

10733 10734
10934 11034

1943

7934 Sale

1958

92
60

83,000

1958
1944
"13",006
Cudahy
Packing
Co
334S--1955
271,000

14,000
38,000
39,000
123,000

48,000 Delaware Elec Pow 534s-_1959
82,000 iDetroit Int. Bdge 6348--1952
ACtfs of deposit
70,000
A25-yr s f deb 7s.
1952
130,000

106
10634
533
634

7734 Sale
11034 Sale
8033 Sale

"9", 000

& Fuel 4s A--1956
1965
190,000 Edison Elec Ilium 334s
2030
420,000 Elec Pow & Lt 6s
56,000 Elmira Wat Lt & RR 5s. .1956
5s registered
1956
1950
24^006 El Paso Elec 5s A

51,000

134,000 Empire Dist Elec 5s

71,000
20,000

161,000
53,000

213,000
513,000

443,000

14,000

Feb.

106 33 Feb.
47
Fob.

Sale

10634 109
10633 Sale
9533
9434
9134
92%

3s series P

142,000

127

86

589,000 Community Pow & Lt 5s_-1957
1951
7,000 Conn Ltg & Pow 7s A
7s A registered
1951
15",000 Oonsol Gas of Bait 434s—1954

11,000

9

Feb.

51

Sale

16

T26

14

93

209,000
1,000

605,000
87,000
316,000
27,000

55

1 108
Feb.
10654 Feb.
10834 Jan . 30 11144Jan.
Jan.
Jan. 30 129

15

1 108

1 110

88

2,000
127,000
381,000
181,000

"3",000

10634 107

10633 107

13

Jan.

16

12634 Feb.
127

6

13 10234 Feb.

106

Feb.
Feb.

10653 Feb.
10833 Feb.

Sale

Sale

27 10534 Jan.

9934 Jan.

3 127 34 Feb.
Feb.
9 127

Sale

84

5s registered--1958
2,000
5s
1969
227,000
1,217,000 Cities Service P & L 534s_1952
534s gold deb
---1949
666,000

lb",660

125

1955

Conv deb 5s
5s registered

10734
10834

129

1
Sale
10034 10054 10034 Feb. 26 10034 Feb.
7
4734 Feb. 21
46
Sale
46*
Feb.
Sale
90
Feb. 21
2
87 33
8734 Feb.
9034
91
91
Feb. 14
8
90 34 Feb.
94
95
95

6s series B

112,000 Cities Service 5s.
5s registered

1,618", 660 3,037",000
274",000

1947

ex-warr

Sale
11133

126

8

102 33 Feb. "13

Feb.
"

111

Feb.

5

16

Consol Gas Utilities—

1,430,000
-

6s A stamped
Continental G & El 5s
5s A registered--.
Cuban Tobacco 5s

1,174,000 Eastern Gas

1952

96

-7%

Sale

6133
Sale

8234
8834

Sale
Sale

8433
9054

5734

60
Sale

55 34

Sale
6
6
1

106 33
6 34

94

106 34

554
533
54

7

1

7934
110

9434

Sale
Sale
5 9 34

Sale

1

88

Feb.

1

85J4 Feb.
9234 Feb.

57

Feb.

10

58 34 Feb.

7

93

Feb.

26

10734 10434 Feb.
534 Feb.
6 34
534 Feb.
534 Sale
34 Feb.
53
33

8034 Sale
7834
Sale
11034 110
11034 110
7834
7834 Sale
Sale
119
120
11834

119

7834
11834

10434 10534
10334 104

10434 10534 10534 106
104
Sale
10433 Sale

.

8234 Feb.

9534 Feb.

2

17 10634 Feb.

2

634 Feb.
534 Feb.

26

6
9

% Feb. 26

3

Feb.

7

21

8i 34

Feb. 21

93

10434
534
534
34

7734 Jan.

Feb.

5 11034 Feb.

2

110

Feb.

Feb.
Feb.

7934 Feb.
2 11934 Feb.

13

78

Jan.

10534 Feb.
10333 Feb.

1

18

Jan.

20

634 Feb. 26

9

6

Jan.

5

3

1

Jan.

8

2

8134 Feb. 21

5 112

27

Jan.

4

8334 Jan.

8
16

16

11734 Jan.

18 11934 Feb.

8 10534 Feb.

8

3

20

10434 Jan.
10334 Feb.

23 10534 Jan.

15 10434 Feb.

15 10534 Jan.

25

17

17
9

Ercole Marelli Elec Mfg—

634s
2,000
29,000 Erie Lighting 5s

—.1953
1967

165,000 Federal Water Serv 534s_-1954
Finland Residential Mtge
6s stamped
1961
32,000

For foo+uotes

see

page




53

4334
109
99

2033

4933
111
Sale

2334

35

4833

43

109 34 109 54 10953

9634
28

Sale
Sale

4933
109
Sale

9934 Sale
2653

40

4634 Jan.
Feb.

10954 Feb. 24

9634 Feb.

9934 Feb. 28

2633 Feb.

31

Feb.

13

4634 Jan.

Jan

15 10934 Jan.

Jan.

29

2234 Jan.

3

109

96

9934 Feb. 28
31

Feb

13

a:

March, 1940]

new

curb

york

AGGREGATE
SALES
In

Since

February

Jan. 1

51

PRICES IN FEBRLARY

Feb.
Ask

Bid

bonds (Continued)
a First Bohemian Glass 70-1957

98 M
104

743,000

1,000

5s

1

Feb

.

29

Ask Bid

Bid

Lowest

Ask

Lowest

Highest

Sale Prices

Sale Prices

Highest

Sale Prices

Sale

100% Sale

101

Sale

100

Feb.

Sale

104 M Bale

104 M

Sale

104

Feb.

Sale Prices

101% Feb. 20
104% Feb. 19

1954

registered--

1

Jan. 2

1940

194,600

RANGE SINCE JAN.

Price

new york
curb exchange

$

343,001)

exchange

98% Jan.
103% Jan.

2 101% Feb. 20
104% Jan. 18

103

4 103

Jan.

Jan.

4

Gary Electric & Gas—
36,00()
17,00( )
87,00()
7,00( )
128.00C)

97,000
5s ext stamped
..-1944
17,000 Gatineau Power 3 Ms A—1969
173,000 Gen Bronze conv deb 6s..1940
31,000 Gen Pub Serv Co 5s......1953

384,000 Gen Pub Utilities 6%s A..1956
4,000 iGen Rayon Ltd 6s A—.1948
129,000 Gen Wat Wks & El 5s A—1943

40"66()
252,00(
55,00(

597,000 Georgia Power ref 5a
108,000 Georgia Pow & Lt 5s

mm

272I660

IO^OOC

1491600

4s

16,OOC
"

llooc

11666

5,000
7,000
5,000
10,000

35,000
17,000

13,000
69,000

31",000

61",660

5,000

11,000

28.000
133,000
76,000

35,000

—

_

98 M
98 M

81M
Sale
Sale
76

74

96 M

Sale

106 M
66 M
17

Sale
Sale
Sale

71

Sale

88

100M 101
97 M Sale

101

83

74
96 M
106

IntPow Sec 6 Ms series O--1955
7s series E
.1957

76

74
97

Sale

Sale

107

Sale

68 M
18

Sale

75 %

Sale
78 M
81
107 M 110%

72 M

Sale

70 M

Sale

60M

"62"

47

50

40

43

38.M

50
30

15 M

102%
104
Sale
50

Sale
67
Sale

98M
IOo
SaleSale
Sale
Sale
Sale
64

Sale

49

43 M
Sale

44

46%

41M

14%
102%
101M
103 M
110M
5

68
68
108 M

40

69
69 M
Sale

97% Sale
104

Sale

102

105,000

AMansfield Mining & Smelt—
|
7s ex-warrants
.--1941

13,000

9,000

18,000
38,000
24,000
44,000

Debenture 4mb
lengel Co 4 Ms

52,000

72,000

62,000
89,000

191,000
311,000

20.666

881666

80,000

376,000

98,000
29,000
66,000

263,000

71,000

98 M
64 M
66

102 %
98 %
99
67
66 %
Sale
65

77,000
55,000
6,000
13,000

--—1956

3,000
11,000
89,000
26,000
75,000

533,000
533,000
12,000

1

DebSMs—

17,000
9,000
54,000
73,000
64,000
24,000
5,000

91,000
177,000
73,000 '

2030

.1981

"91666

1948
1950

5,000
17,000 I
24,000
,

5s

stamped—

A6s series A

see

15
40
102 M Sale
103 M 104 M
107 M Sale

17

25
70

64
62 %
70
107 M 108 % 106 M

Sale

4s

2004

I
1

page

.1945

.1957

53.




Feb.

5 107

105% Jan.
66% Jan.

2

5
24

10

Feb.

7

69% Feb.

16
30

1

70

Jan.

13

73% Jan.

2

87% Feb. 23

Jan.

31

87% Feb. 23

8

77

26

43 %

121
68 M
67 %
68

Sale
79M
81
105
Sale

7
Feb.
9
Feb.
3
Feb.
5
Feb.
Feb. 29

70

Feb.

68M Feb.

Feb.

2

123
Sale
Sale
65
Sale
Sale

109

Sale

15
23

13

7

107 M 106 M Feb.

2

14

72

Feb.

27

6 107

Feb.

19

42% Feb. 29
2
46% Feb.
44% Feb. 28

Feb.

27
64
Feb.
40
Feb. 27
44
Feb.
6 106% Feb.
105% Feb.

Sale

16

106

51

104

106

4

42% Jan.

5

Feb.

7

Jan.

11

Jan.
Jan.

3
3

Jan.

2

Feb.

23

15

3

Feb.

21

Jan.

.

103 %
105%
101%
98%
65

75

4

71% Feb. 28

6 109% Feb. 15
26 100
Feb. 23
Jan,
25 105
3

Jan.
2 106% Jan.
Jan.
Jan. 15 103% Jan.
Jan.
Feb. 21 100
Jan.

31
14

73% Jan.

24

23

3
2
5

Jan.
5
64% Feb
IV* Feb. 27
62% Jan. 31 72
6 109% Jan. 22
106% Feb.
.

40

Jan.

43

Feb.

19

43% Jan.
49% Jan.

41

Jan.

31

Jan.

4

Jan.

3
3
12
3
5
3

68

27
51
Jan.
6 106% Jan.

105% Feb,
104
Jan. 24 105% Jan.
6 109% Jan.
107% Feb.
42% Jan. 31 48% Jan.

16
2

38

Jan.

20

41

Jan.

45

Jan.

17

51

Feb.

7

103% Jan.

5 105

Feb.

3

105

4 105% Feb.

3

Jan.

4

105% Jan.

24 106% Jan.

8

9
126% Feb.
102»3iFeb. 29
104% Feb. 16
106
Feb.
7
103% Feb. 10

125%
102%
103%
105%
103%

20|126% Feb.

9

107% Feb.

10

9

106

Feb.

67

107% Jan
97% Jan.

2

Feb.

3

Feb.

66% Jan

40

Feb.

9

Jan.
Jan.
Jan.
Jan.
Jan.

5 10225jjFeb. 29
22 104% Jan. 19
4 106

Feb.

7

3 103% Feb.

10

105% Jan.

5 107% Feb.

10

102% Jan.
104% Jan.

121102% Jan.

17

21

105

10

103% Feb.

Jan.

3 106
30 108

2

Jan.

16

Jan.

11

---.

103% Feb.

'68% "70"

68

Sale

100

100

Sale
92%
107% 107
111
109%
Sale
99%
66 M
65%

92 M
107 M
109 %

100

65

Feb.
Feb.

Sale
Sale

109 34
94 M

Sale

99 H

Sale

Feb.

103% Feb.
109% Feb.
92% Feb.

112%
107%

Sale

80%

127

21

Feb.

6

93% Feb.

21

20 109

Feb.

Feb. 28 110% Feb.
Feb. 13 100
Feb.
7
Feb.
66% Feb.

101% Feb.
102% Feb.

98%
Sale
111%
Sale
106%
23% 21%

6 100

Feb. 29

106 % 106 M 106% Feb.
Feb.
103 M 103% 103

104%

10 103% Feb.
15
70% Feb.

8
2

13
15

1

Sale

Sale

Sale

97 % Sale
109%

16 104

17

Feb.

6

3 104% Feb.
1 110% Feb.
1
95
Feb.

26
20

13

2

127% Feb. 27

1 110% Feb.
109% Feb.
Feb.
106% Feb. 13 108
80% Feb. 29
82% Feb.

Jan.

.

102

64%
64%
95%
97%
109%

92

Feb.

2

15
16

Feb.

14

23

13
14

13 102
Feb.
2 102% Feb.

15

86% Feb.

29

Feb.

29 104% Feb.

2

106
Sale
105% Feb.
113% 114% 113% Feb.
104M 104M 105%
104% Feb.

106% Feb.
114% Feb.

M Sale

Sale

55

Feb.

14

106

Feb.

27

57

Feb.

23
26
5

Sale
9 102%
101% Feb.
105
Feb. 10 105%
3
46% Feb.
46% Sale
48%
106»»» 107
105% 105% 105% Feb. 21 106%6
104
105M 103 M 108
105% 106% 106
106% 105% Feb.
9 106%

Feb.
Feb.
Feb.

Feb.

9

7

Feb. 20

22

Jan.
Jan.

Jan.

78% Jan.
Jan.

Jan.

8 106% Feb.
11 104

Jan.
15 104% Feb.
22 110% Feb.

6
17

21% Feb. 27
124

16

Jan. 25
Jan. 19
2
Feb.
Jan. 10
4

5 103% Feb. 27

6

106

70

Jan.

2'103% Feb. 20

27

106

Feb.

69

18101

Jan.

16

1
Feb.
68% Feb.
2
Feb.
68% Feb.
Feb. 29
99% Feb.
Feb. 29 100% Feb.
Feb. 14 109% Feb.

5
141 70% Feb. 21

98% Feb.
111% Jan.

121
64

Jan.

103% Jan.
109% Jan.

108% Jan.

13

105M 105M 105% 106

65

13

9

10 104% Jan.

3. 93%
20,109%
108
Jan.
4,110%
99% Feb. 13:100%
Feb.

105% Jan.

106% Feb.

Feb.

62

99% Jan.
90% Jan.

107

1

123
Sale

Jan.

100% Jan.
102% Jan

6
Feb.
99% Feb. 16
3 112% Feb. 29
Feb.
1 107% Feb. 23
Feb.
7
Feb. 27
23% Feb.

Feb.

67

103% Feb. 20
2 103% Feb. 27

Feb.

47%

9

Jan.

Feb.
7
15%
Feb.
9 103
Feb.
3 103%
Jan. 29 104%
Feb. 29 Ill

9

Feb.
17 105
105% Feb.

Feb.
Sale 104% Feb. 29 106
Feb.
107 M 105
3 107% Feb.

107

100% 101M 101
102
Sale
102% Sale
84
85 M
86% Sale
104
Sale
104M 104% 104

45

50

15

40

104 M

57
101% 102M 102

15%
102%
101%
103%
108%

Feb. 27

7

105% Feb.
103% Feb.

Sale

62

35% Feb. 28

61

Feb.

125% Feb.
102% Feb.

102 %
84 M

55

4

16

3 105% Feb.
104%'Feb.
7
6 108
108% 107% Feb.
Feb. 14
Sale
7
42% Feb.
45% Feb. 29
Sale
Feb.
5
39% Feb. 10 41

-

106

23

67% Feb.

105% 106%

£**
97

Feb.

14

48% Feb.
104 M 105 M 104% Feb.
105% Sale
105% Feb.

67%
67%

5

110% Feb.

64 M Feb.
62 M Feb.

71

50

121

19

Feb.

7

Sale

45

121%
64 %
64 %
64 %
97 M
99 M

104

7

7

61

Sale

13

Feb.

Sale

99 M

15% Feb.
102% Feb.
101% Feb.

71% Feb. 28

63

100
93 M
109M
Sale
100 M
66 M

9

15 109% Feb.
1 100
Feb.
4 105
-Feb.

Sale

...

Feb.

39% Feb.

75

1

81%

113 %

106% Sale
103
105

35M Feb. 28

19

108 M
40

50

Jan.

60M Feb.
50
Jan.

68

25 M
23 M
21%
126
128M 126% 128
109 %• Sale
Sale
110
106 M 107
107% 109

105

112M
104 M

2

Feb.

103M 104
67 M
69 M

102

Feb.

42% Feb.

Sale

102 M

Feb.

43

Sale

Sale

19

24

45

106 H

Sale

Feb.

29 105% Feb.
1
63
Jan.

Sale

98 M
112

Sale
Sale

19 108

Feb.

44

Sale
Sale

107 %
107
26
24 M
121
124%
108 M 108M
105 M 107 M
79M Sale

Feb.

104

Sale

104M 106
Sale

65

108

24

26

105 %

17

Feb.

19

29 105% Feb.
1
61% Feb.

Feb.

47 %

16

77

19 108

Feb.

Feb.

40

46 M
42 M
62 %

15

Feb.

Feb.
Feb.

70
75

Sale

Sale
Sale

Sale

55
65
102 M 104
104 M Sale
46
48

I
J

IJ

Feb. 19
Feb. 28

28

42 M
43

Sale
Siile
103M 104
109 % Sale
92 M Sale

1942 102 M Sale
--1949

4 Ms registered
1980
3 Ms--1964
r Y & Westchester Ltg 5s-'54

561666 J

For footnotes

41

5s....1948
98% Sale
1954 100 M Sale

247,000 1

59,000
160,000
129,000
47,000
14,000

45%
38

107 M 108 M

1,000

"5", 000

Conv deb 5s
few Engl Pow Assn

89

13 100% Jan.
29
75
Jan.
16
98% Jan.

Feb.

10

106 %
103 %

1955

19,000

,

72% Feb.

4

22 102

Feb.

Feb.

Sale
Sale

1978

1st & ref 5s

5s

70

16

66

106
103
103 M
110
96

1978

4%s registered

12.000

245,000
472,000

Feb.

69% Feb.

Sale

102 M Sale
101% Sale
102 M 102 M 103 % Sale

20,000

477.0003

107

105% Feb.
66M Feb.

98% Feb.

107 M 108 M 107
42
43
45 M
40
38 M
41

48

111M

107,000
141,000
248,000
201,000

96

Sale

108 M 110

99 M

189",000

2

1

Sale
Sale

1967

.1960

14,000
204,000

Feb.

16

20

100 M
102 M

4Mb-

97

Feb.

3 103
Feb.
21
99% Feb.

lilwaukee G L 4mb
linn Pow & Lt4%s

1947
1971
1965

67,000

100,000
29,000
441,000

45,000

96

101 % Feb.

fiddle Sts Petrol 6 Ms A—1945
lidlahd Valley RR 5s—1943

Deb 5s series B

95% Jan.
97% Jan.
74% Jan.

Sale

99M
91%
106%
110M
99%

236,000

9

106% Feb.

98
100M
86 M
90%
107 M 109 M
108
110M
100 % Sale
67 M Sale

4s series G

Jan.

28

106

40 % Sale
105 % 106 K 106
106 J104 M 105 M 106
107 \

66

let Edison 4s series E

81

Feb.

Feb.

Sale

48%
105% Sale
105 M 106 M

104% 105 M

191,000
213,000
180,000

99 M
104%

106

9,000

19

99

108 M Feb.
97 M Feb.
103 M Feb.

1966 105% 106M

270,000
270,000,Louisiana
Pow & Lt 5s—-1957

28,000

71M Sale

108M

3M% series A-

221666

23.000

Sale

1948
1955 103M 103%

iLeonard Tietz Inc 7M0--1946

40,000

73

6%s series D
5Ms series F-.

-

"3,666

Feb.

25

106 M 106% 108
125M 126 M 125 M Sale
1Q2 M Sale
1022*8jSale
104
Sale
104 M Sale
105 M 106 M 105% 106
103M 103% 103% 104

30I660

11,000
11,000

5

Sale

105 M

Sale
Sale

36 M

TTO

105 M 106 M
125 M 127
102 M Sale
104
Sale
105 M 105 M

Hydro-Electric 7s.-1952
1963

Italian Superpower 6s

65 %

35 M

25

24,000 Kansas Electric Pow 3 Ms. 1966
6,000 Kansas Gas & Electric 6s..2022
107,000 Kentucky Utilities 5s__—1969
5s
1961
101,000

33,006

89
8 102

15 M
50
50
30
20
15M
102 M 103
103
102%
102 % 101M
102%
104 M 103 M
104 M 104
H2
108% Sale 108M

48
104 M 105
.105 M Sale

118,000

100% Jan.
101% Jan. 29
87% Feb. 27 87% Feb. 24

Feb.

87% Feb. 24

Feb.

85
Sale
72 M
76 M
77
75
107 M 110M 107 M 110M 108
104
Sale
104
60 %
61% Sale
60 M
64
48
50
49
52
50

45M 46 M
103M 103M
105
105M

5s series B
-—1961
Iowa Pow & Lt 4mb A
1958

18,000

101

27

Feb.

97 M Feb.

72 M
78

71
75

187,000 Jacksonville Gas 5s stpd—1942
119,000 Jersey Cent P & L 5s B—1947
4Ms series C
—1961
82,000

5,000

Sale

67 M
18

128,000
38,000

7s series F.---1952
Interstate Power 5s_
1957
Debenture 6s
1952
Iowa-Nebraska L & P 5s.-1957

58,000
42,000

102

98%

Sale

48,000
42,000
70,000
596,000
215,000
61,000
31,000
97,000
40,000
188,000

7,000
2,000
47,000
44,000
16,000
20.000

87 M Feb.

83
101

Sale
76M

18,000
26,000
44,000
331,000
97,000
29,000
12,000
50,000
22,000
102,000

43,000

100M Feb.

87%
Sale

1965

57,000 Idaho Power Co 3 Ms
1967 108M
97
264,000 Illinois Pow & Light 5%s—1957
5 Ms series B
197,000
1954 104%
68serie8A_i_1953 10524
302,000
5s series O
1956 103
587,000
101,000 Indiana Hydro-Elec 5s A--1958
1950
71M
208,000 Indiana Service 5s
70
1st lien & ref 5s
1963
192,000
62
71,000 Alndianapolls Gas 5s A
1952
98,000 Indianapolis P & L 3%s_1968 108M

Isarco

Sale

101

100M 101

87%
80

15
iHamburgElec Co 7s
1935
14
iHamburg E & Und Ry 5%s'38
Heller (W E) & Co 4s w w.1946 102%
Houst Gulf Gas 6%s x w__1943 103M
6s
1943 104 M
Houston Lt & Pr 3%s—.1966 111
AHungarian-Ital Bk 7%B-_1963
66 M
Hygrade Food 6s ser A
1949
65 M
6s series B
.1949

"

21,000

registered

14,000 Grocery Store Prod 6s—-1945
5,000 Guantanamo & W Ry 6s.. 1958
Guardian Investors Corp—
5s series A
1—1948
25,000

2 00C

270,000
49,000
72,000
74,000

1953
1965

Gobei (Adolf) deb 4%s..-1941
67,000 Grand Trunk West Ry 4s 1950
1,000 Great North Pow 5sstpd .1950
5,000 Green Mountain Pow 3 Ms-1963

55.00C
1.00C
5.00C
10.00C

104.000

1967
1978

AGesfuerel 6s
'
Glen Alden Coal 4s

100% Sale

5

98

99%
112%
107%
25%
127%

17
8

26
20

Jan.

4

Jan.
Feb.
Feb.
Jan.
Feb.

29
23
18
27

3 111
Jan.
19 108
Feb.
15 82% Feb.

9

17

16
9

2 122% Jan.

63% Jan.

25

63

23
24

71% Jan.
71% Jan.
71 % Jan.
95% Feb. 29 99% Jan.
97% Feb. 29 100% Jan.
108% Jan. 15 109% Feb*. 14
Jan.

62% Jan.

101

Jan.

9 102% Jan.

102
81
104

Jan.

17 103% Jan.

Jan.

3

Feb. 29 105%
104
4 104
Jan.
1 106%
105% Feb.
1 114%
113% Feb.

104% Feb.
55

Feb.

101% Feb.
104% Jan.

5 106
14

57

Jan.

6

10

Jan.
Feb.

4
7

Feb.

3

Feb. 27
Feb. 23

9 102% Jan.
Jan.

2 106

45% Jan. 22 49% Jan.
105% Feb. 21 106% Jan.
104% Jan.

5'

86% Feb. 29

3
12
10
2

2 106% Feb. 20

NEW

52

EXCHANGE

CURB

YORK

aggregate

range since jan.

prices in febrlary

sales
Jan. 2

exchange

1940

Jan. 1
Bid

bonds

83,000
230,000
291,000
42,000
43,000

1968

Ohio Public Service 4s.—1962

Ms B

Okla Pow & Water 5s

108 M

113
Sale

111M
107 %

Sale

108 M

1955 107 M Sale
A—1948 103
103M

1940 100 M 103
5,000 1 acific Coast Power 5s
101,000 Pacific Gas & Elec 6s B—1941 109 M Sale
Pacific Investing 5s A
1948
93
94
Without warrants
73,000
112
1942 110
32,000 Pacific Ltg & Pow 5s
93 M Sale
1,134,000 Pacific Power & Light 5s.-1955
43 M Sale
7,000 Park Lexington BIdg 3s—1964
602,000 Penn Cent Lt & Pow 4 Ms. 1977 102 M Sale
103
M 104 M
5s1979
39,000
125,000 Penn Electric 4s series F__1971 104 M Sale
4s series F reg
1971
5s series H
1§62 107M 107 M
117",600
Penn-Ohio Edison 6s
1950
Without warrants
109M Sale
57,000
—

—1959

5 Mis series B
76.000
31,000 Penn Pub Serv 6s C
5s series D
24,000

1947
1954

35,000 Penn Water & Pow 4 Ms.
CJg

_

-1968

Peoples Gas Lt & Coke 4sB_'81
4s series D
1961
513,000
1972
181,000 Phila Elec Power 5 Ms
1962
102,000 Phila Rapid Transit 6s
Piedmont

109

107M

Sale
106M 107M

106

111M Sale
107 M Sale
108 M 108 %
106
107M
104M Sale

Sale
Sale
Sale
106M 107M
103 M Sale
99

99M 102

102

109 M 109M 109M

94M
110
93

Ask

Sale

95 M
96
110
111
93 M Sale

Sale
112
Sale

107M Feb. 26 108h
108
Feb.
1 108v8
106M Feb. 24 107M
103M Feb.
1 105

Sale

110M
107M
107M
106M
102M

Feb.
6
Feb. 23
Feb. 15

95 Vs
97 M

13

16

Feb.

14

93 M Feb.

Feb.
27 111
1 95 M Feb.

10

109M Jan.
90 M Jan.

93M Feb.
Feb.
92M Feb.

110

5

96

9

9

2
29 103M Feb.
8
1 105M Feb.
Feb. 15
2 105

113M 114M
94M
95M

115
98

96 M
98 M

Sale
Sale
114M 115

Sale
Sale
Sale
98 M

98

99

_

1940

5s certifs of deposit

105,000 Potomac Edison 5s ser E__1956
4 Ms series F
1961
32,000
11,000 Potrero Sugar 7s stamped .1947
61,000 Power Corp of Can 4 Ms B 1959
.

APrussian_.Elee$ric As

43 M
46
104M 104M

105

100

100M 102

Sale

42 M

12M
83 M
82 M

30

13

Sale
83

85

30
Sale

84

Sale

108M

Sale

110

111

49 M

88

1Q54 —14—

51M
Sale

30

92 M
87

Sale
Sale

89 M

87

89

16

14

16

112

104

80,000 Queens Boro G &

E 5Ms—1952

1,000 iRuhr Gas Co 6 Ms
1,000 ARuhr Housing 6 Ms A

—

1953
1958

1979
204,000 Safe Harbor Water Pr_
3,000 San Joaquin L & P 6s B—1952

151M 155
107
108 M
98 M Sale
98

Sale

92 %

Sale

96 M

Sale

103 % Feb.

Feb.
Feb.
Feb

107 M Feb.

106

108M Feb.
108M Feb.

107M Jan.
107% Jan.
103 M Jan.

95M Feb.
97

Feb.

113M Feb.
98
Feb.

83% Feb.
83M Feb.

89M Feb.
15Feb.

2

3 108 % Feb.
109M
107M
108M
108 M
106 M

Jan.

9

98% Jan.

5

41M Jan.
104M Jan.

24

15
14

100

Feb.

9

16

45h Feb. 29

14

Jan.
Jan.

83M Jan.
83M Feb.

26 115

Feb.

1

5 100

Feb.

9

Jan.

12

3 106M Feb.
2 102
Feb.

14

Jan.
Feb.

28

46

12

14

2

93

2

93

Feb.

28

13

88

Feb.

21

26 109

Feb.

3

108M Feb. 26 109

6

110

Feb. 24

50

5

110M Feb.

1

53

5

90M Feb.
15
Feb.

19

3

2
Jan.
Jan. 10
9
Jan.
Feb. 16
2
Jan.

97M Jan.

6 100

3 106 M Feb.
102
Feb.

11

26

1

2

22

30

13

Feb.

7

Jan.

97% Jan.

43 M Jan.

95M Jan.
96% Jan.
113% Jan.
96
Jan.

96 M Feb.
98 M Feb.

13 115

23

2 157 M
152M Feb.
151M 152M 157 M Sale
Feb. 20 107M
106M 107M 107
106M 108
5
98%
98 M Sale
96% Feb.
97 M Sale
94
Feb. 14 96
95
Sale
95 M Sale
5
93 %
91M Feb.
92 h Sale
93 M Sale

Jan.
Feb.

13

87M Jan.

27

19

14

Jan.

13

Feb. 29
Feb. 16
Feb. 23

150

Jan.

12

90M Jan.

5

Jan.

11

6 110 % Jan.
1
53
Jan.

13

15

91M Jan.
15
Feb.

9

9

10
19

19 157 % Feb. 29

Jan.

12

24 100M Jan.
24 100
Jan.

11
11

31 108

6

Jan.
107
94 M Jan.
91 % Jan.

Feb. 13

90 M Jan.

23

97

Jan.

7

95 M Feb.

28

99

Jan.

5

18M Jan.

10

18M Jan.

10

Jan.

17

15

Jan.

17

9 109M Jan.
16 134
Jan.

16

Feb.

8

,

97

97 H

95
17
14

96 M

95 M Feb.

28

98

Feb.

35

17

35

17

35

14

35

14

35

109M 110

109

Sale

108

108]

133

132

138

133M

134\

137

Jan.

107M Jan.

6

2
103% Feb.
8
105 % Feb.
105M Jan. 24

101M Jan.

Public Service Co of N J—•

79,000
6% perpetual certificates. ___
32,000 Pub Serv of Okla 4s
1966
1,400,000 Puget Sound P & L 5Ms..1949
386,000
5s series C
1950
1,076,000
4^s series D
1950

Jan.

107% Feb.

108 M Sale
107M 108M 108M Feb.
110M 110M 110M 110M 110M Feb.
50
Feb.
50
54
50
Sale
88 M
44 v

25

108% Feb.

42
Feb.
45 M Sale
Feb.
106 M 106M 105
100
102
100M Feb.
13
30

Sale
106

Jan.

Feb.

Hydro-Electric Co—

6 Ms series A
1960
Pittsburgh Coal 4s
—1949
Pittsburgh Steel 6s
1948
APomerania Elec Co 6s—1953
Portland Gas & Coke 5s—1940

96

6 108M Feb.

108
108M 107H
107M 107M 107M 107
108
108
Sale
107M 109
106 M 107M 107M
108
109

95 M
97 M

18

107M Feb.

Sale

3

3 111 M Jan. 26
6
19 108M Feb.
5
19 109% Jan.
30 107% Jan.
2
Feb. 13
18 105

99 M Feb.
9 100M Jan.
109% Feb. 27 110% Jan.

43

Sale

Sale
98

Jan.
Jan.
Jan.
Jan.
Jan.

Feb.

43 M
44
44
101M Feb.
Sale
102M Sale
106
106M 105M Feb.
105 M Sale
103M Feb.
103M 104M 104M Sale

108
107

Highest
Sale Prices

99M Feb.
9 99M Feb.
Feb.
109M Feb. 27 110

43 M
102

108 M 108M 108M

Lowest
Sale Prices

Highest

Sale Prices
Sale Prices
111
Feb.
7 111M Feb.
7

1940

_

389",606

136,000
13,000
53,000
5,000
722,000
162,000

106

Ask Bid

Bid

Lowest

Feb. 29

Feb. 1
Ask

109 4

1945 110M

Ogden Gas Co 5s
Ohio Power 3 Ms
0 da Nat Gas 3

1

Price

new york
curb

Since

15

35

107M Feb.

9 109M Feb.

3

107 % Jan.
134
Jan.

3

ASaxon Public Works—

6s
ASchulte Real Estate 6s
-

17,000
55,000
147,000
325,000
207,000

-1937
1951

Scripps (E W) Co5Ms

1943

Scuflin Steel Co 3s

1951

Shawinigan W & P4Ms—1967
4 Ms series D
1970

56,000 Sheridan Wyo Coal 6s
247,000 Sou Carolina Power 5s

1947

1957
2025
562,000 Southeast P & L 6s
250,000 Sou Calif Ed 3 Ms-May 1 1960
3 Ms series B — _July 1 1960
140.000

11

35

12

—

12

95

65
Sale

103 M
67 M
97 M

95 h

Sale

96 M

29
Feb. 27
25M Feb.
30
25 M
29
1
102M 103M 102M Feb. 26 103 M Feb.
Sale
9
3
69
Feb.
67H
Feb.
69
Sale
68 M
1
94 M Sale
94M Feb. 29 97 M Feb.
Sale
8
95 M Sale
95M Feb. 29 97h Feb.
Sale

91

-95M
Sale
Sale
Sale
Sale

91
98 M

Sale

21M
103 M
64

99 M
112M
109 M
109 h

23

Sale

25

111

95
Sale

92

Sale

100M Sale
111M Sale

108 M
Sale
108M 109M 108 M
108 M

Sale

Sale

92

98M
110M
108M
108M

29 94 M
1 100M
Feb.
1 111%
Feb.
Feb. 26 109 M
Feb. 29 109 M

Feb.

105M 105M
51
105

52

109

103

104M

107 M

Sale
50

1948
^.1948

67 M
67 M

6s
6s

gold debs
933,000
6s
1,071,000
1,337,000 Stand Power & Lt 6s
146,000 AStarrett Corp 5s
Stinnes (Hugo) Indus—
7s 2d stamped.
18,000
7s 2d stamped
5,000
Terni

82,000
318,000
145,000
17,000
229,000
491,000

60

Sale
* Sale
Sale

Texas Power & Lt 5s

5 Ms A

United Elec Service 7s

89.000
1,000
11,000
176,000
428,000
45,000
759,000
111,000
80,000
82,000
104,000

Sale

1940
1946

32

32

35

35

37

24 M

25

22

26

20

26

1953

44 M

1960
1956

104 M
107 M

Sale
Sale
Sale

115

Sale

60

Sale

58M Feb.

1

59 M

Sale
Sale

58

Feb.

1

59 M

Sale

Sale

59 M
21

Sale
22M

59 M

Sale
Sale

Feb.
Feb.
Feb.
Feb.

1

60

58M
58M
58M
21M

29

35M Feb.

7

42 M

102 M 102M
62 M Sale

45 M
Sale
Sale
117
119M
101M Sale
65 M Sale

8M
117M

11IM.

104M
107 M

1950
1949
1956

1941

16

1974

85

1959
United Lt & Rys(Del) 5 Ms 1952
United Lt & Rys (Me) 6s A1952
5Ms

Deb 6s series A

1973

Utah Power & Light 4MS-1944
6s series A2022

210,000 Virginia Pub Ser 5Ms A
6s_
119,000
5s series B
173,000
-

44 M
19

1945
1975

Deb 6s

21M

83 M
107

9

Sale

Sale

117

101M
65 M

Sale

101M Feb.

West Penn Traction 5s

Wheeling Elec Co 5s
Wisconsin F&L4* A

151,000 Yadkin River Power 5s
44,000 tAYork Rys Co 5s
5s stamped
74,000

For footnote! see page




53.

27 110M Jan.

3
8
2
5
6

50

Jan.

20 105M Feb.
12
52
Feb.

26

6

106M Feb. 28

105

Jan.

10 106 h Feb.

Jan.
2 105M Jan.
99
Feb.
107M Feb. 28 108m Feb.

28
3
6
5

Feb.

16

64%
64%
64M
64M
64%
64%
24M

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

37

Feb.

108

Feb.

Feb.

8
8
8M
118
118M Sale

Feb.

20

Feb.

15 118M Feb.

4 102m

58

50

Jan.

3

ie!

49

Jan.

19

72 M J an.

15

49M Jan.

19

72 h Jan.

15
15
16

48

Jan.

19

48

Jan.

19

72

48

Jan.

19

16

49

Jan.

19

72M Jan.
71M Jan.
24 M Feb.

6

72M Jan.
Jan.

5

19

Jan.

2

9

29

Jan.

10

37

24M Jan.

3

26

Feb.
Jan.

9
19

Jan.

22

46

Jan.

3

14

118M Feb. 28
102% Feb. 10
3
66M Feb.

65

66

95 M Jan.

104M Jan.

45M Feb. 29
6
105M Feb.

Feb.

117

44M
20

Sale

42

104M Jan.
107M Jan.
115

Jan.

100

Jan.

62M Jan.

18

35

19

30

80

Sale

77 M

Sale

85 M
83 M

Sale
Sale
Sale

Sale
Sale

118

Sale

99

80 M
Sale

99

Sale

107 M 108 M 108%
88 M
91M
87 M
Sale
118
117M
83
77
75 M

Sale
Sale

Sale

99M 100

99 M

Sale

99M Feb.

Sale

10M

Sale

1951
1968
1941

1937
1947

52 M

Sale
107

104 %

Sale

97

Sale

97

98

Feb.

99 M 100

100 %

115M 119
104 M Sale
105 % Sale

Feb.

107M Feb.
88M Feb.
117M Feb.
76M Feb.
99

98 M
102

106 M

Feb.

76

Sale

102 M

1944
2030
1960

18M Feb.
80

99

Sale

107 M 109

43 M Feb.

99M 103

Sale
Sale

100

Sale

101M

8M

9M

7M

108 M 109M 109
55 M Sale
108
115M 116
104M 109

107

Sale

8 105 % Feb.
11 108M Jan.

6
19
2 118% Feb. 28
17 103 M Jan.
5
2
66M Feb.
3

Sale

106 M

Sale

104M 105
95 M Sale
98

Sale

8M
113

5

16

45% Jan.

11

20

17M Jan.
77M Jan.

11

86M Feb. 20

75

26

107
88

108 M Feb.

92% Feb. 24
119

7
Feb.
Feb. 23

Jan.
Jan.
Jan.

74

Jan.

99
99

Jan.

2
Feb.
Feb. 26
1
Feb.

102

Jan.

9
9
Feb.
19
3 108% Feb. 23

60M
Feb.
1
Feb.
6 108
Feb. 24 115M
Feb. 16 104M
Feb. 23 106%

Feb. 23
Feb. 29

Feb. 24
Feb. 16
1
Feb.

104M 104M 104M Feb. 23 104% Feb.
94
Feb. 23
94
95
95M Feb.
Feb.
91M
96
95M Feb. 27 98

2
1

24

Jan. ll
19M Feb. 28
9
89 M Jan.

24

87 M Jan.

8

2 108% Feb.
93% Jan.

26

31

117M Feb. 29 119

2
99M Feb.
100M Feb. 23

84

1 100
15 102

7M Feb.
108M Feb.

8

19

10

43 M Jan.
20
Jan.

24 103

Feb.

Jan.

3 118% Jan.

20

14

Feb.

101

Feb.

117M Jan.

19M Feb. 28
87M Feb. 19

45 M Feb.

98M Feb.

102

59
Sale
55M
Sale
107M
115M 116M 115M
104M
104M 105
106
106M 106

108

3

8

9M Feb.

25

87
Sale

100

1946
1950

43 M
35

19

93
80

42 H

*

Waldorf Astoria Corp—

Conv deb 6s
West Penn Elec 5s

1

43
Feb.
45 M Sale
105M 105M 104% Feb.
107M Feb.
107M 108

30
30

1946 102 M Sale

a5s income deb
1954
270,000
1951
14,000 Wash Ry & Elec 4s
Western Newspaper Union—

100,000
42,000
15,000
25,000
86,000

1

29

1952

Without warrants

AUnited Indus 6 Ms
a 1st 6s—United Lt & Pow 6M8

1

Sale

60

59

tUlen & Company—
6s 4th stamped
157,000
16,000 United Elec of N J 4s

Feb.

19

1966

Tr 5Ms A-1952

registered

58

28

1957

6s
2022
Tide Water Power 5s A—1979
Twin City Rap

Sale

59 M
59

Hydro-Electric Co—

6Ms series A
Texas Elec Service 5s

60

66M

67 h
66 Vs
67 M

Feb.

Feb. 27

Jan. 30
Feb.
9
98 M Jan. 19
97 % Jan. 22
69

6

9 105M Feb.
2
52
Feb.

2 101 % Feb. 16
99
100
100H Sale
99
Feb.
5
107M 108M 107M 108M 107M Feb. 28 108M Feb.
1
58
Feb. 16
58
Sale
55
Feb.
Sale

1957
1950

1951

92

29

31 100 % Jan.
6 112 M Jan.
31 110M Jan.

! 55

Sale
Sale
Sale
Sale
Sale
Sale

3

94% Feb. 29
95M Feb. 29

102 1932Jan.

49M

6s stamped—
6s conv stamped

51

4

4 104

98M Jan.
110M Jan.
108M Jan.
108 m Jan.

102M

106,000 ASpalding (AG) & Bros 5s 1989
Standard Gas & Electric—■

1,433,000
1,071,000
1,292,000

105M 105M 105M Feb.
Sale
50M Feb.
51M
52
51M
105M Feb.
106M 108
105H 108
105 H

Jan.

63 M Jan.

Feb. 17
Feb. 24
Feb. 20
6
Feb.
8
Feb.

Southern Counties Gas
of California 4 Ms
1968
94,000
1951
97,000 Southern Indiana Ry 4s
67,000 S'western Assoc Tel 5s A.-1961
1957
3,000 Southwestern L & P 5s
2022
113,000 Southwestern P & L 6s
51,000 S'western Pub Serv 6s A__ 1945

23

102% Jan.

Jan.

97h Jan.
100M Jan.

7M Jan.
108 M Feb.

52M Jan.
106M Jan.
115

Jan.

104M Jan.
105M Jan.

Feb.

4

7

84 M Jan.

9

2 100 M Jan.
2 101% Jan.

15

24

15

Jan.

18

29 100% Jan.
2 102M Jan.

25

20 103

24

TOM Jan.

3 108M Feb.
2

6

3
23

60% Feb. 23

6 108

Feb. 29

22 115M Jan.
11 105
Jan.

12
23

15 106M Feb.

1

Jan.
104 M Feb. 23 105
97
Jan.
94
Feb. 23
98M Jan.
95 M Feb. 27

2

2
3

March, 1940]

•

53

NEW YORK CURB EXCHANGE

AGGREGATE

•

RANGE SINCE JAN.

PRICES 11

SALES
new york
In

Since

February

Jan. 1

a

1

TltCG

Jan. 2

curb exchange

Feb

1940
Ask

Bid

.

1

Feb

Ask Bid

Bid

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

29
Ask

foreign government
and municipal

8,000

11,000

"4,666

12,000

5,000

5,000

3",000

3,000
1,000

Agricul Mtge Bk Rep of Col—
120-year 7s
Jan 15 1946
7s certifs of deposit
1946
120-year 7s
Jan 15 1947
7s certifs of deposit
1947
16s ctfs of deposit
1947
Antioquia (Dept) Colombia
i7s A ctfs of deposit
1945
7s B ctfs of deposit
1945
i7s C ctfs of deposit
1945
i7s D ctfs of deposit
1945
i7s 1st ser ctfs of dep
1957
7s 3rd ser ctfs of dep
1957

i7s ctfs of

deposit
7>*s ctfs of deposit

35

273*

35

263*

35

35

22

35

22

35

1948

263* Feb.

30

273*

28

263*

293*

35
35

22

35

22

35

25

22

35

22

35

11

25

10

25

10

25

11

25

10

25

10

25

11

25

10

25

10

35

11

25

10

25

10

25

26 3*
25

2,000 iBaden (Germany) 7s
1951
Bogota, City of (Colombia)
18s ctfs or deposit
1945
Caldas (Colombia)—
a73*s ctfs of deposit
1946
iCauca Valley (Dept of) Rep of
Colombia extl s f 7s
1948
22,000

8,000

263*
25

6

29

Feb.

15

263* Jan.

15

29

Feb.

15

13

283* Feb.

13

17

263* Feb. 23

283* Feb.

13

26 3* Jan.

12 3* Feb.

17

12 % Feb.

17

12 3* Feb.

17

12 3* Feb.

11 % Feb.

17

11 % Feb.

17

10

25

10

25

10

25

10

16

10

25

10

25

113* Feb.
113* Jan.

17
30

113* Feb. 17
113* Jan. 30

12

30

12

30

12

30

12

Jan.

29

12

Jan.

29

15

35

15

35

10

40

10

35

10

35

10

40

13 3*

16

14

Sale

13

133*

12

26

10

25

10

25

25

10

25

13 K Feb.

2

143* Feb.

14

13 34

Feb.

2

15

Jan.

20

Feb.

29

14

Feb.

Feb.

29

14 3*

Feb.

29
13

14

13

14 3* Feb.

13

52
41

Jan.
Jan.

7

Jan.

30

13 3* Jan.

17
30

10

25

10

123*
123*

35

12 3*

35

14

Sale

35

123*

35

14

35

26

40

22

40

22

40

513*
423*

70

44

60

45

60

50

Feb.

10

50

Feb.

10

48 3*

Jan.

16

1953

50

383*

43 H

35

44

39

Feb.

28

41

Feb.

10

39

Feb.

28

ADanzig P & Wat'way Bond—
Aexternal s f 63*s
6,000
1952
25,000 AGerman Cons Munic 7s__1947

15
2

7

Feb.

2

123*

133* Feb.

19

63* Feb.
123* Jan.
123a Jan.

15
3
8

1946

iCent Bk of German State &

1,100
5,000

1,000
5,000

Prov Banks 6s B
a6s A

Colombia

1951
1952

8,000

4,000
6,000

10,000

5s

6,000
19,000
66,000
15,000

8

(City) Ger 7s
1939
(Prov) 63*s
1949
(City), Peru, 63*s.-1958
AMaranhao ? State) 7s
1958
AMedellin (Colombia) 7s__1951

113*
93*
93*

AHanover
ALi ma

7 % ctfs of deposit

1951
a63*s ctfs of deposit
1954
Mortgage Bank or Bogota—
a7s issue of May 1927
3,000
1947
a7s ctfs of dep (May)
1947
a7s issue of Oct 1927
1947
Y,66o
a7s ctfs of dep (Oct)
1947
Mtge Bank of Columbia
63*s ctfs of deposit
1947

1,000

2,000
45,000

5,000
53,000
16,000
45,000
58,000

6,000
12,000
2,000
3,000

3,000
50,000

5,000

1,000
14,000
2,000

•

n
a

No

1,000
19,000
4,000

par

AMtge Bank of Chile 6s
1931
Mtge Bank of Denmark 5s 1972
AParana (State of) .Brazil 7s '58
ario de Janeiro 63*s
1959
ARussian Govt 63*s
1919
63*s registered
1919
a5ms
1921
Santa Fe (City) Argentina—
a7s stamped
1945
ASantiago (Chile) 7s
1949
a7s

value,

Sold under the rule.
Deferred delivery sale,

-

10

6

10

63* Feb.

30

13

20

12 3* Feb.

123*

203*

123*

203*

13

11%

25

20

.113*

20
11

163*

25
113*
113* .20
11
93*
153*
113*
13 3*
14 3*

Sale

14

Feb.

26

Feb.

24

26

Feb.

24

14

13

Feb.

133* Feb.

9

12

43

393*
103*
83*
3*
H
3*

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

43

Feb.

3

133*
93*
3*
%
3*

Feb. 29
Feb. 14
Feb.
6
Feb. 16
Feb.
1

383*
93*
7H
3*

10

25

25

10

25

263*

26 3*
22

27

35

40

2S

26-

28

22

35

26

32

24

35

22

35

26 3*
22

21

35

18

35

20

143*
423*

183*
53

13 3*
393*
93*
7%
%

103*

7 3*

3*

8
Sale

3*8
703*
13 3*
13 3*

%

%

15

19

15

133*
30
13 3*

Sale

8 H

93*
3*

Sale

76

79

153*
153*

25

16

%

%
77%
163*
163*

%
79

77J* Feb. 28

77 3* Feb.

25

16

16 3* Feb.

25

163* Feb. 23

Feb.

Abbreviations Used Above:
"conv" convertible.
"cum" cumulative.

Sold

"m" mortgage.
"n-v" non-voting.

Bonds

"vtc"

voting trust certificates.

"w i" when issued.

"w w" with warrants.

Abbreviations Used Above:
"cod" certificates of deposit,
"cons" consolidated.




"x-w" without warrants.
a

7
17
26
24

14

Feb.

2
4
16

26

Jan.

27

263* Jan.

17

26

Feb.

24

26

Feb.

24

Jan.

19

13 3*

Feb.

0

Jan.
Jan.
Jan.
Jan.
3* Feb.
J* Jan.

17

43

Feb.-

3

13

13 V* Feb.
9 3* Feb.

40

113*

Sale

10

8
6

40

42 3*

%

Jan.

16

25

10

3d

15

Feb.

10

35

Feb.

14

16 3*
25

24

12

17
26
16

25

263*

11

Feb.

12

12 3* Feb.
Feb.

Jan.

12

93* Feb.

123* Jan.

93* Jan.
10J* Jan.

12

123* Feb.
10
Feb.

26

143*

14

7

7
26

Feb.

12

103*

12 3* Feb.

12

93*
113*
133*

9

1961

6

Ex-dividend.

being traded flat.
t Reported in receivership.

143* Feb

12 H

x

for cash.

14

13

20

r

a

29

Sale

10

5
12

1947

a6s
iHanover

1,000
11,000
1,000
3,000

14

(Republic of)—

a6s ctfs of dep (A & 0)_-1961
28,000 Danish Cons Munic 53*s__1955

13,000
6,000

Feb.

14J* Feb.

Deferred delivery sales, in which no account is

taken in computing range, are given below:

2

28
19
163* Feb. 23

773* Feb.
143* Jan.
143* Jan.

Nat. Pr. & Lt. 6s A 2026,

6

2

16
6

28
4
11

29
14
% Jan. 31
3* Feb. 16
3* Feb.
1

77 3* Feb.

28

19
163* Feb. 23
163* Feb.

Feb. 1 at 1113*.

N. Y. Pa. & Ohio. RR. 43*s 1950, Feb. 9 at 833*.
Power Corp. of Canada 43*s B 1959, Feb. 16
at

91; Feb. 29 at 86.

n (Jnder the rule sales, in which no account
taken in computing range, are given below:
No sales.

is

r Cash sales, in which
no account is taken in
computing range, are given below:
Amr. Seeating 6s stpd. 1946, Feb. 21 at 103.

Chicago Stock Exchange
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON CHICAGO STOCK EXCHANGE
Stock Sales

1940

February
Jan. 1 to Feb. 29-

—

AGGREGATE
SALES
In

February

—

—

-

.

—

1939

$232,000
494,000

—

$365,000
423,000

RANGE SINCE JAN.

PRICES IN FEBRLARY

1

Price
Jan. 2

BONDS

1940
Bid

232,000

1940

484,000 February.
1,303,000 Jan. 1 to Feb. 29-

CHICAGO
STOCK EXCHANGE

Since
Jan, 1

Bond Sales

1939

510,000
1,117,000

494,000 Commonwealth Ed 3%s—1958

128% 128%

Bid

Ask Bid

127% Sale

Lowest

Highest

Sale Prices

Sale Prices

Feb. 29

Feb. 1
Ask

Ask

128% 129

Lowest

1 129

Feb.

68% Feb. 17

70

Feb.

8

45% Feb.

48% Feb.

14

10

17

129% Feb.

Highest
Sale Prices

Sale Prices
9

126%

Jam 15 130

Jan..

STOCKS
2,050

3,384 Abbott Laboratories com
170
4%% cumconvpref

278

740
m

'

m

850

2,900
1,100
100
200

\

200 Allied Products Corp
Class A
200

2,210
6,366
15,005
3,700
14,700

2,534
*6,660
950

300

Sale

10
25

47

82

350

23-76
6,500

10,725
5,450

1,000
2,300
1,150
1,550
17,900
10,900

200

350

1,900
6,240

3,286
11,100

800
700
700

250

530

550
950

Armour & Co common
Aro Equipment Co com

1

VA

800

1,250

19

iSJf

15Y}

*

35

Belden

Mfg Co common....10
*
5
Berghoff Brewing Corp
1
Binks Mfg Co capital
1
Bliss & Laughhn Inc com
__5
Borg-Warner Corp common. 5
Brach & Sons (E J) capital
*
Brown Fence & Wire cl A pfd. *
Belmont Radio Corp
Bendix Aviation Corp com

.

100 Bunte Bros

100

_1

5

common

10

common

1,400 Burd Piston Ring common
1
6,885 Butler Bros common....... 10

300

3,065
1,100

5%

27,150

100

630
760

450

1,410
1,380

1,510

600

1,600

5,010

cum conv

pref

30

Campbell Wyant & Cannon
Foundry capital
*
Castle & Co (A M) common.10
Cent Cold Storage Co com
20
Central 111 Pub Ser v pref
*
Cent 111 Secur Corp—
Common

5

2%

550 I

115
1.150

%
7%
3%

900

2,560
50
90
815

5,448 Chrysler Corp common

2,541

.5

2,320 Cities Service Co common
10
*
3,350 Club Alum Utensil Co com.
260 Coleman Lamp & Stove com..*
133,250 Com'wealth Edison com
25

600

3.240
490

__

3,100 Compressed Indus Gases cap .5
1,150 Consolidated Biscuit com
1
7,415 Consolidated Oil Corp
*
Consumers Co—
550

V t

100

Com part shs v t c A

30

"""586

1,806

170

430

30
942

30

280

1,800
790

1,400

2,750

20
600

280

350
30

2,069

10

40

555

50

50
Common part shs v t c B_
*
Container Corp of Am com. .20
Continental Steel common
*
Preferred.
ioo
Crane Co common
.25
.

—

Common.

10

Preferred!

100

4

Sale

23

Sale

25%
21%
17%
4%
10%

Sale
Sale
18%
4%
11%

13

2% Sale
7% Sale
20%
21

14%
15%
21%
11%
14
82 % Sale
20

T Motor Car




Sale
48

10

11

3%
Sale
2%
12
13%
19%
20%
9%
10%
20%
19%
Sale
36%
Sale
18%
99
88%
Sale
172%
Sale
5%
Sale
13%

170%
5%
14%
% Sale
38

41

0%
2%

42

6

9%
17%
8%
4%
..

com.

Feb.

21

20% Feb.

6

10

Feb.

10%
Sale

37

Sale
Sale

4%
19
19%
23% Sale
21
22%

19

Feb.

10
1

100

Feb.

9

Feb.
Feb.
Feb.

172%
5%
14%
1%
42%

Feb. 29
9
Feb.
9
Feb.
Feb. 16
Feb. 20

Sale

170%
Sale
5%
Sale
13%
1%
%

%

6% Sale
3% Sale

19

Sale
Sale
-----

Sale

21

Feb.
Feb
Feb.

18%
4%
10%
14%
2%
6%
21%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

Sale

Sale

22% Sale
21%
22%
17%
18%
5
4%
11
10%
17

2%

25

2%

13%

14%

18

20

11%

11%

13%
14%
19% Sale
9
9%

Sale

6% Feb.
3% Feb.

18

5

Sale

Sale

Feb.

18

10

Sale

6%

1

11% Sale
4
3%

M
31%

80

Sale

6%

7%
%

7

5% Feb.
1% Feb.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

7

Sale

Feb.

6%
9%
17%
8%
4%
29%
10%
3%

7

10%
Sale

22

82

Sale

39

Feb.

22

A

110

71X

8% Sale
90% Sale
4% Sale
3

Sale

23%
35
32% Sale
12%
14%
2%
3%
7% Sale
3%
1%

41B

109% 110
9%
81%
4

10%

Sale

Sale
3%
Sale

3

7%

2

1

30

23* "24""

18H
23%

1%

%

8

16%
27

60

18%
1%
18

31

30

2%

9

4%
1%
%
16%
28%

107%
22% Sale

18%
3%
19%

73

3%
36%

13%

4

Sale

Sale

32

1%
28

Sale

Sale

3

34%

4%

107

74

70

1%
30
20 %
5

65%
Sale

3%
18%

5%

18%
1%

8

J&n.

29

37

Jan.
Jan.

Feb.

16

12

Feb.

20
31

Jan.

8

Jan.

2

3

Jan.

8

15

Feb.

7

18% Feb.
9% Feb.

8
S

Feb.

20

Feb.

21

33%
11%
3%
19%
23%
22%

Feb.
7
Feb. 16
Feb.
2
Feb.
8
Feb. 21
20
Feb.
9
5% Feb.
11% Feb.

Jan.

3

Feb.

20

Jan.

2

Feb. 29

Jan.

3

5

Jan.

18
22

Feb.

5

Jan.

.5

Feb.

9

Feb.

7

14% Feb.
2% Feb.
7% Feb.

3
Jan.
Feb. 26
7
Feb.
Jan. 31

Jan.

Feb. 26

Jan.

22% Feb.

21

Jan.

3

Feb.-

23
2

15

18

82

1

Feb.

% Feb. 20
7

Feb.

76

% Feb.

7

8

Feb

5

3% Feb. 21

9

Feb.

29

% Feb.

5

Feb.

7

Feb.

21

Feb.
Feb.

9

4% Feb.
3% Feb.
37

Feb.

32%
15%
3%
7%

Feb.
Feb.
Feb.
Feb.

4% Feb.

1

Feb.

6

70

Feb.

8% Feb.
79% Feb

14

% Jan.
6% Jan.
% Jan.

17

6

5

8

Jan.

15

13% Jan.
2% Feb.

5

7

Feb.

9

5

3% Feb. 21
Jan.

17

% Jan.
15% Jan.

13

25

22

Jan.

15

110% Feb. 28
20% Feb. 26

8

Jan.

3

4%
1%
%
17%
29%
110%

Feb.

8

Jan.

13
13
Jan.
3
Feb. 20
Jan.

Feb.

28

Feb.

19

2

18

Jan.

10

19

Feb.

2

20

14 Feb.

20

2

Jan.

12

19% Jan.
31% Jan.

23

17

Jan.

15

10

2% Feb.

26

1% Jan.

31

2

Feb.

2

30

45

30

Feb.

8

30

Feb.

8

21

21%

19% Feb.

5

21% Feb.

17

5

Feb.

24

24

10% Feb.

15

11

9

3
32% Jan.
15% Feb. 15
3 % Jan. 26

Jan

29% Jan.

Feb.

4

11
26

70

17

9

Feb.

24%

16

9%

3% Jan.
37

10

31% Feb.

9%

3

Jan.

15

5

9

Jan.

59

13

24

Jan.

19

Feb.

Feb.

15

Feb.

Feb.

5

Jan.

Jan.

2
2

18

6

8

5

Feb.
Jan.

31

5

29

11

35
6

9

Feb.

Jan.

21

18

2%

n

Feb.

Feb.

Sale

2%

70

Jan.

Sale

2

ily<
8**

23

18

2

11

109
Jan. 16 no
69% Jan. 10 71
8% Feb. 21
79% Jan. 15

31

9
18% Feb.
1 % Feb. 20

3

Jan.

16
16

% Jan.
% Jan.

19
Feb.
1 % Feb.
19
Feb.

18%

Jan.

Jan.

67

Jan.

8

7

2

4

17

8
10

11
25

Jan.

3

8

.

Jan.

11% Jan.
84% Jan.

36

35
31

16

16% Jan
20

56%
4%
18%
10%
1%

113

17

15

Feb.

9

26

19

Feb.

2
% Jan.
Feb. 24 120% Feb. 13
77
Jan.
11
15
Feb.
4
3
6% Jan,
Jan.
Jan.
2
Feb. 13
Jan.
2
Feb. 20
Jan. 12
Jan. 23

1

61

7

Jan

13% Jan.

2

21

4%
10%
14%
2%
6%

2

Feb.

Feb.

18

16

Feb.

3
8
3

21

15

9
Feb.
Feb. 29
I
Feb.
9
Feb.

Feb.
Jan.

Jan.

3
12

/"Feb.

Feb.

4

15

15

3% Jan.

11% Feb.

3

Feb.
Jan.

10

19% Feb.

36%
31%
13%
2%

4

9
Feb.
5
Jan.
Jan. 13
Jan. 31
Jan. 31
Jan. 15

2

Feb.

Jan.

6%
9%
17%
8%
4%
27%

14

73

4

16

%

Sale

23

Feb. 29
2
Jan.

23

8
15% Sale
15% Feb. 14 16% Feb.
29
30
28
Feb. 10 29% Feb. 20
107%
110% Feb. 28 110% Feb. 28
Feb. 15
20% "21""
20% Feb. 26 23

67

Jan.

Jan.

2

%

15

31

%
2%
110% 111
109% Feb. 10 110
70
71
Feb. 14
75
70%
8%
8% Feb. 21
9%
9%
83% Sale
3
80% Feb.
87%

3%

Jan.

167%
5%
13%
%

Feb.

516

4% Sale
3
3%
35%
37
31% Sale
14% Sale
3
3%
7% Sale

11

% Jan.
6% Jan.
3% Jan.

Sale

% Sale
2%

8

Jan.

Feb.

76

Sale

Jan.

19

Jan.

Sale

iVA

Sale

1

Feb.

16

73

55%

5%
19%

3

Feb.

Feb.

Sale

112*

74

Jan.

19

1

72

Sale

70

14

4
5% Jan.
1% Feb. 26

7% Feb.

6

12

Feb.

1

10

% Feb. 20
1
6% Feb.
9
% Feb.

6

Jan.

1

7% Feb.
3% Feb.

13

Feb.

93

8% Feb.
79% Feb.

14% Feb.
18

3
12

8

11%
1%
36%

117%

Jan.

15
Feb. 21

1
18

Feb.

Sale

70

4

2% Feb.
1% Feb.

36%

108

15

Jan.
Jan.

38% Feb.

Feb.
Feb.

Sale

Sale

Jan.

2

19% Feb. 29
35% Jan. 31

Sale

3

Sale

30

9

10

?3°M
J*

P

9

Jan.

3% Jan
2% Feb
11% Jan.
18% Jan.

14

5%
18%
12%
1%

4%

3

Jan.

26

1
% Feb.
113
Feb. 24 120% Feb. 13
115
Feb.
8
50% Feb. 15 73
59%
5
5
Feb. 28
Feb. 28
5%
18% Feb. 13
19% Feb. 10
19%
Sale
1
10% Feb. 20 12% Feb.
Sale
1
1% Feb.
1% Feb.
Sale
37
Feb.
9
36% Feb

Sale

6

J an.

8

Feb.

19

22

21%

Sale

Sale

! Jan,

2

68% Jan.

20% Feb.

10

19% Feb.
35% Feb.
93

Sale

18*

9

3% Feb.

91%

43%

6

2% Feb.

20

1%
%

3%

7

14

Feb.

2

11

4%
11%
13%
2%

Feb.

1

30

18

12

Sale

7

15

Jan.

45% Feb.
.

20

1%

7%
10%
Sale
Sale
5

Feb.

20

6

Sale

Feb.

Sale
Sale

Sale

%
0% Sale

9

4%

Sale

1%
%

3%

23% Sale
4%
0

56

19

97

Sale

0%
9%
18%
9%
10%
5
5%
31% Sale
10
10%

18 %
2

825

3

11%
19%
9%
19%
35%

%

Sale

see page

3%

1

5%
9%

_

140

30

For footnotes

pref part shares

1,400 Dayton Rubber Mfg common .1
Cum class A pref
580
35
►ecker (A If) & Cohn—

374

250

c

38%
5%
2%

17%

eP8

32,050 Chicago Corp common
1
Convertible preferred
3,300
*
1,750 Chicago Flexible Shaft com. .5
3,850 Chicago & N WRy com.-.100
260 Chicago Ry pt ctfs "I"
100
140 Chicago Towel Co conv pref..*
Common capital
120
*
1,080 Chicago Yellow Cab capital--*

14,250
1,200

Sale

69
46

144

2

2,250

100

Sale

09%
47
Sale

1

Preferred
^
*Lt "pref-1 *
1,590 Central States"Pr
615 Chain Belt Co common
*
1,800 Cherry Burr ell Corp com
5

1,220

10%
20%

1

Convertible preferred
2,650
*
75,750 Cent & S W Util com (new) 50c
Prior lien preferred
920
* 113%

1,300
50,150

3%

12%

1

Bastian-Blessing Co common.*

Common
1,700
2,150 Bruce Co (E L)

VV

o

09%
45
9

Sale

Sale
*
19
♦
22%
94
96
100
100 171% Sale
5
5% Sale

330 Backstay Welt Co common...*
Barlow & Seelig Mfg A com..5

150
400

49

9%

2,850 Athey Truss Wheel capital. .4
137 Auburn Auto Co common
*
350 Automatic Products com
__5
300 Automatic Washer common..3
6,421 Aviation Corp (Del)
3
1,720 Aviation & Transport cap
1

1,250

47,150
1,500

Sale

Asbestos Mfg Co common
500 Associates Invest Co com

10,050

90

69

Com

1,351 Allis-Chalmers Mfg Co
50 Altorfer Bros conv pref..
American Pub Serv pref
Amer Tel & Tel Co capital

385
30
840

1,070
1,950

*

100 144

357 Acme Steel Co common.....25
1,020 Adams (J D) Mfg common
*
350 Adams Oil & Gas Co com
1,100 Advanced Alum Castings
5
3,500 Aetna Ball Bearing common
1
14,050 Allied Laboratories common
*

.

4

26

2% Feb. 26
30

Feb.

8

23% Jan.
5% Jan.
10% Feb.

4
12
15

CHICAGO

March, 1940]
AGGREGATE
SALES
Since

February

Jan. 1

Shares
909
450

1,550
300

5,350
2,650
490

55

EXCHANGE
PRICES IN FEBRUARY

chicago
stock

In

STOCK

RANGE SINCE JAN.

_

1

Price

exchange

Jan. 2

STOCKS

*
1,559 Dixie-Vortex Co common
Class A.
1,300
2,800 Dodge Mfg Corp common—*
550 Eddy Paper Co. (The)—- — *
-5
8,500 El Household Util Corp
4,350 Elgin Nat Watch Co
15
595 Fairbanks

Feb. 1

1940
Par

Shares

Morse common

Dredge
& Dock Co common
*
Four-Wheel Drive Auto
10
Fox (Peter) Brewing com
5
Fuller Mfg Co common
1

Ask

Bid

11% Sale
34%

33 %
13
15

Sale

15%
Sale

Feb. 29

Ask Bid

Bid

11%

12%

13

35
12

36%
12%

36

38%

11%

17%

15

12
16

15%

Sale

22

Sale
23%

39% Sale

37

39%

3%
24

Ask

3

Sale

3%
24%

43

10%
4%
14%
4%

12
5
15

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

12% Feb.
2
35% Feb.
7
11% Feb. 20
15
Feb. 27
Feb.

1

22% Feb.
39% Feb.

2
7

11

Feb.

20

4

3

3%
Sale

41

Lowest
Sale Prices

13% Feb.

14

Feb.

26

12% Feb.

2

36

11% Jan. 31
34% Jan.
3
11% Feb. 20

Feb.

16

13% Jan.

Feb. 28

13

Jan.

Feb. 24

2
Jan.
3
Feb. 25
Feb. 28

15

Feb.

27

3

Jan.

26

22% Feb.
37% Jan.

2
23

16%
3%
24%
42%

10
7

10% Jan.

10

14

Jan.

5

27

12% Feb.

17

Jan.

16

15%
51%
10%
2%
45%

Jan.
Jan.
Feb.
Jan.
Jan.

15

18

31

57% Jan.

51

Jan.

15

4%
6%
10%
21 %
11%

Jan.
Jan.
Jan.
Jan.
Jan.

12

17

25

Jan.

15

6%
12%
24%
12%
27%

17% Jan.

15

20% Feb.

3% Feb. :
24% Feb. :
42% Feb. :

6

36

Fitz Simons & Connell

400

700

850

1,150

1,450
2,100

2,450
4,500

1,400
657
600
500

755

5,692
219

656

1,850
1,826
500

3,700
1,539
60

150

2,650
800
90
40

50

2,600 Gardner Denver Co com(new) *
895 General Amer Transp com
5
600 General Candy class A
5
1
2,050 General Finance Corp com
*
2,052 General Foods common
12,203 General Motors Corp com—10
*
434 General Outdoor Aav com
1,506 Gillette Safety Razor pref-.-*
2,750 Goldblatt Bros Inc common. -*

10%
4

13%
4%

11%
4%
Sale
Sale

16

16%

56%

Sale

10%

11%

2%
47%

2%
Sale

54 %

Sale

3%
6%
10%

Sale

a

4%
11

11% Sale
4%
4%
13
14
4
Sale

16%
51

10%
2%
47%

52%
4%
6%
11%

3,951 Goodyear Tire & Rub com---*
2,150 Gossard Co (H W) common--*
9,600 Great Lakes Dr & Dk corn-- *

23%
12%

Sale
Sale

12%

27

Sale

27

10
3,797 Hall Printing Co common
460 Hamilton Mfg cl A part pref_10
350 Harnischfeger Corp common-10
3,900 Heileman Brewing Co G cap.. 1
3
1,800 Hein Werner Motor Parts
360 Hibb Spencer Bartlett com—25
*
900 Horders Inc common
650 Hormel & Co (Geo A) com— *

18%
7%
5%
8%

Sale
7%
6%
Sale
8%
Sale
13%

17%

8%
39 %
13 %

31

30

23

17

17%

53
10%

52

3
Sale
Sale
5
Sale
Sale
.Sale
13
Sale

13%

10%

2%
47 %
52%

13%

2%
Sale
Sale
6

6%
12

Sale
12%

23 %

Sale

12%
25%

Sale
26

18%
7%

19

5

7

5%

5%

Sale
8% Sale
38%
40
13%
15
33
34%

9%
9

Feb.

1

16% Feb.

5

18

Feb.

Feb.

29

55

Feb.

19

10% Feb.
2% Feb.

8

10% Feb.

28

5

2% Feb.
48% Feb.

17

52

11

5%

7

17

4

Sale

5%
9%

Sale

Feb.

12% Feb.

11% Feb.
4% Feb.
15
Feb.
4% Feb.

47%
52%
4%
6%
11%

22%
12%

25%

5
Feb.
1
Feb.
Feb. 10
1
Feb.
1
Feb.
2
Feb.
8
Feb.
Feb. 26

13

5% Feb.

2

Feb.

29

8%
Sale

7

Sale
9%

9

14

15%

8% Feb.
Feb.
15
Feb.

33

36%

34% Feb.

38%

45

39

13

Feb.

8

Feb.

19

Feb. 27
6
Feb.
Feb. 17
Feb. 21
1
Feb.

20% Feb.

19

Feb.

14

5% Feb.

2

10

Feb.

7

1

9

Feb.

7

2

39

2

9

15

Feb.
Feb.

9

2

34% Feb.

2

8
.

4

27

6

27

2

Feb.
Feb.

18

13

55

6%
12%
24%
12%

4

Jan.

11

4% Feb.

7

Feb. 27

15

4% Jan.

2

Feb.

27
8

Feb.

28
17
6
3
19
27
6
17
21

Jan.

27

8

10% Feb.

10

2% Jan.
48% Jan.
55% Jan.

13
4
4

15

Feb.

6

Feb.
Feb.

Feb.

19

Jan.

20

8

Feb.

14

Jan.
Jan.
Jan.
Jan.

22

5% Jan.

22

10

Feb.

9

Jan.

7
9

13

Jan.

30

Jan.

7

5%
8%
8%
38%

2

18
9

2

13

39% Jan.
15
Feb.

5

34% Feb.

2
3
27
23

9

Houdaille-Hershey—
915

1,050
50

850

1,019
500
591

200

1,031

Class B
1,640
1,200 Hubbell, Harvey, Inc com
255 Hupp Motor Car common

200
200

2,650
2,300
100

520
210

300
850
600

500
800

50

3,568
700
260

1,000
690

587
105

1,950
300

550
10
100

16,295
1,150
880

3,750
12,400
650

1,300
1,200
800
100

596 Inland Steel Co capital

*

■""600
2,950
100
50

300

130
45

600

*
5

25%

*
*

5,500
1,190
7,100
54,400
1,700
3,950
1,600
1,350
1,050

*
1

Mer & Mfrs Sec cl A com

*
Mickelberry's Food Prod com.l
Middle West Corp capital
5
$2 cumul part pref

1%

Convertible preferred A

*
100
7% prior lien
100
7% preferred A
100
6% preferred A
100
Miller & Hart Inc conv pref-_*
Minneapolis Brew Co com
1
Modine Mfg common
*

Midland Util 6% pr

lien

30 Montgomery
Common
4,345

*
*

Ward & Co cl A_ *
*

Sale

11

22%

21

2% Sale
81%

83

53% Sale

n

7%

Sale
2%

4%
10
12%
16%
1%
.28
8

2%
16%
14%

19

21

19%

20%

47%

46%
5%
8%

48

46%
6% Sale
7% Sale

"45%

45

Sale

101

5

4

Sale

3

%
1%
3

"%
1%
3%

6%
2%
24%
4%
9%
12%

6

Sale
Sale

2

13%

17

10

1%
25

Sale

25%

5%

Sale

1%

38

26

13

Sale

4

Sale

29

Sale

Sale

"2%
4%
4%
%

c

>

Sale

4%
4%

3%

Sale

9

Sale

2%
5%
5%

4

~l"6%

10%

18%

21%
2%

3%
10%
19%
1%

42

40%

1%
41

160%
55%

11% Feb.

27

14

Feb.

23

4% Feb.
12% Feb.
23% Feb.

5

Feb.

16

'

4% Feb.
11

21%
2%
82%
53%

1

Feb.

1

Feb.
Feb.
Feb.
Feb.

2

1
2

7

16%
14%
19%
46%
5%
7%

Feb. 27
Feb. 24
Feb. 16
Feb. 10
Feb. 27
1
Feb.

3

2

13% Jan.

Jan.

5

16

Feb.

% Jan.
4% Jan.

3

1

Feb.

Feb.

8

21%
2%
82%
53%

2
Feb.
Jan. 11
Jan. 23
7
Feb.

17
16

Feb.
Feb.

20%
47%
6%
8%

Feb. 28
Feb. 21
9
Feb.
Feb. 21

9

Feb.

9

Feb.

2

Feb.

6

1 103% Feb.
14
4% Feb.

13
23

Feb.

1

Feb.
Feb. 13
% Feb. 10
1% Feb. 20
3% Feb. 19

3

% Feb. 29
1 % Feb.
7
6
3% Feb.

14%
3%
27%
3%

Feb.

15

22% Feb.
4% Feb.

5

10%

9% Feb.
12% Feb.
16% Feb.

8

13

27

5%

6

5%
%

%

%

%
6%
10%

4%
11 %
20%

2%
42%

51

Sale

77

82

850 Nachman Springfilled com
230 i\ational Battery Co pref

*
*

300 Nat'l Bond & Invest com
1,300 Nat'l Pressure Cooker Cor

*

2

10%
37%
14%
4%

11%
Sale
15%
5%.

*

%

1%

21

Sale
39
29%
Sale
3%
28

Sale
Sale

7
11

Sale

1%

2

41%

42

53%

22%

20%

10

11

10

38

40

17

18

4

5

17%
4

7
5
2

1% Feb.
Feb.

6

5% Feb.

1

1

6%
7%
2%
24%

Feb.
Feb.
Feb.
Feb.
5% Feb.
10% Feb.

Jan.

26

3% Jan.

27

Feb.

17

Jan.

21%
48%
6%
8%

Jan.

100

Jan.

2

Jan.
Jan.
Jan.

15

Jan.

44% Jan.
100

Jan.

4% Feb.
2% Feb.
% Jan.
1% Jan.
3% Jan.
25% Jan.

8 101

Feb.

5% Jan.

13

3% Jan.

2

26
30
11

Feb.

15
7

Jan.

1%

2^

5
3
8
16
4
3
12
9
10
3
11
17
9
3
9
11
13

11
30
22

Feb.

13
6

Jan.

11

Jan.

6% Jan. 11
7% Feb. 24

Feb.

10
3
27
21
4
21
19

Jan.

12

25% Jan.

24

5% Jan.

31

7% Jan.
36% Jan.

10

Feb.

28

2

12

.Tan.

Feb.

19

15% Jan.
1% Jan.

25% Feb.

23

25

7% Feb. 21

Jan.

14

22% Feb.
4% Jan.
9% Feb.

17% Feb.

Feb.

49% Jan.
18 103% Feb.

15

1

Jan.

3

20

8

2

5

15

Jan.

21

26^

5

Feb.
Feb.

5

15
15
4

Jan.
Jan.

Jan.

13

17% Feb.
2

4

Feb.
Feb.

6

36

Jan.

17

28

26

Jan.

6

15% Feb.

21

12%
3%
27%
3%
7%

Feb.
Feb.
Feb.
Jan.
Jan.

10

d

Jan.

26

30

Jan.

5

3% Jan.
9% Jan.

11

% Jan.

10

36

Feb.

6

36

29

Feb.

28

29

1
12% Feb.
3% Feb. 10
27% Feb. 26
8
3% Feb.
1
8% Feb.
5
%. Feb.
1% Feb. 23
6
5% Feb.
6
5% Feb.
% Feb. 14
% Feb. 19
3
3% Feb.
10% Feb. 28
7
20% Feb.

17

6% Jan.

21

Jan.

19

Feb. 24

6

Feb.

13

.Tan.

Jan.

24
1

Jan.
Jan.

14%
19%
46%
5%
7%

24

27

Feb.

3

90%
62%
4%
4%

Feb.

1

29% Feb.

3

4

9

3% Feb.
9% Feb.

1

%s Feb.
2% Feb.

5

Feb.

23

5

6% Feb.

20

% Feb.
% Feb.

14

7% Feb.

16

6

5

19

11

Feb.

19

22

Feb.

17

13

1

10
2

29

15% Feb. 21

Jan.

6
4

10

1% Feb. 23

Jan.

4

Jan.

8

6% Jan.

24

4% Jan.
% Jan.
% Jan.
3% Jan.
9% Jan.

8

Jan.

23

19

Jan.

11

% Jan.

20

Feb.

16

Feb.

19

15

4
22

1% Jan.

8

Jan.

168% Jan.
50% Jan.

6»

6

23

Jan.

41

8

iTH

Feb.

17

1% Jan.
42% Jan.

24

22

30 169
Jan.
22
55% Jan.

8
30
3

54

51

Feb.

1

54% Feb.

2

83 % Feb.

7

76

Jan.

3

22%

79% Feb.
21% Feb.

15

21% Feb.

15

21

Jan.

17

22

Jan.

7
13

10%
39%
18%
4%

10% Feb.

15

11%
39%
18%
4%

Jan.
Feb.
Feb.
Jan.

8
6
20
6
15

80

21%

2

25

3%
8% Sale

6

6% Feb. 24
2
6% Feb.

5% Jan.
13% J an.
24% Jan.

16

10

9 101

Feb.

1

11

86% Feb. 28
56% Feb. 17

47

24

9

Feb.

21%
5%

%
2%

%
%

%

Sale

Sale

2

30

3%

1%

17%

16%

17

26

3%
7%

Sale

2%

20%

5%
10%
12%

4%

36

3%

8%

6%

7%

7

30

30

6

3%

38%
Sale

20

Feb.

1

25%

"6%

6

%
1%
3

26

14%

12% Feb.
16

23

Feb.

1

45% "46%
45%
101
102% Sale
4
4%
4%
3
2%
2%

3

3%
28%

2
11% Feb.
14
Feb. 20

101

7%
37%

Ig

17%
Sale

100

23%

Nat Republic Invest Trust—
Cumul conv pref

2%
86%
53%

15%

77

60

21%

5
Sale
23
Sale
Sale
Sale

5%
17%

Sale

_

11%

%

15%

22

A-

17

%
4%

3%
16%

75

140 Muskegon Mot Spec class

Sale

15%

4

*

630 Mountain States Power pref 100

12%

3

25%

Midland United Co common.-*

National

2,900
2,550

15%

McQuay-Norris Mfg com
270 Mapes Consol Mfg capital
25,180 Marshall Field & Co com

150 Monroe Chemical Co com
Preferred
110

800

9%
11%

*

3%
%
1%
3%

26

4

*

"A"

210

2

25

*

2,015 Lion Oil lief Co capital-267 Liquid Carbonic common
3,500 Loudon Packing common
500 Lynch Corp common
940 McCord Rad & Mfg

5

11% Sale
14%
13%
1
%
4% Sale

100

2%

*

1,960 Lindsay Light & Chem com. 10
Preferred
—10
740

8%

102
Sale

99

%

-.10

400 Le Roi Co common

Sale

6

8%
98%
43 %

1%
3%
24%
6%
6%

6,998 Libby, McNeill & Libby com.*
*
1,650 Lincoln Printing Co com
$3.50 preferred
310
*

600

40

-----

4

1

5
*

950 Leath & Co common
Cumulative preferred
10

500

1,100

2%
88
Sale

3

*

$6 preferred

2,300 Kingsbury Brewing Co cap
1,100 La Salle Ext Univ common

400

20

2%
86%
61%
3%

25

44%

250

200

23%

1,260 Kentucky Util jr cum pref. .50
620
6% preferred.
100
1,350 Ken-Rad Tube & Lp com A— *
1,550 Kerlyn Oil Co common A-—5

400

450

4

12%

1
4%
12%

16%
17%
16% Sale
19 3^ Sale
45%
49%

3,000

20

15

%

*
370 Iron Fireman Mfg Covtc
6,720 Jarvls (W B) Co new capital-.1
*
1,650 Jefferson Electric Co com
450 Joslyn Mfg & Supply Co com.5
1
6,150 Katz Drug Co common
*
4,350 Kellogg Switchboard com
Preferred
100
160

200

180

13%

14

3,037 Internat Harvester common—*
20 Interstate Power $7 pref
*

2,610

2,005

13%

3,650 Illinois Brick Co capital----10
100
2,804 Illinois Central RR com
1,200 Indep Pneum Tool s t c new- - *
1
991 Indiana Steel Prod com

130

200

3,000

*

5
1

10% Feb.
39% Feb.

15

40

18%

17% Feb.

10

11%

5

1%

6

4

Feb.

19

1

Feb.

15

Feb.

28

1

2
Feb.
6
Feb.
Feb. 20
Feb. 14

37

Jan.

2

16% Jan.

18

4

Jan.

25

83% Feb.

Jan.

9

Feb.

26

Feb.

28

Jan.

3

29

28

Feb.

2

Feb.

29

28

3

Feb.

20

3% Jan.
7% Jan.

6
30

Feb.

15

27% Feb.

19

32

Feb.

3% Feb.

Standard—

Common stock
10
3,350
5,300 Nobhtt-Sparks lnd Inc cap—5
4,100 North American Car com_._20
*
130 Northern Paper Mills com

1,450 Northern 111 Finance com--__*
*
7,250 Northwest Bancorp com
*
250 Northwest Eng Co capital
90 Nor West Util pr lien pref..100
7% preferred
100
1,490
240 Nunn-Bush Shoe common__2%
155 Omnibus Corp common.
690 Ontario Mfg Co common

6
*

27

Sale

27

31%
3%

Sale

28%
3%
7%
10 K

7%

10%
10%

4
16

11
10%

17

Sale

60

70

IT4

27%
Sale
Sale

8

27%

Sale

26

32

Sale

28

Feb.

2

Sale
16

3

Feb.

20

Sale

11

Feb.

6

3%
8%

15

7%
10%
10%
16%

Jan. 30
3
Jan.
Feb. 27
Jan. 22

Feb.

23

62

Feb.

23

Feb.

1

18

Feb.

7

12% Feb.

3

12

Jan.

28

12

Feb.

12

12

11%
17

10%
18%

10% Feb.
16% Feb.

27

17

5

18

Feb.

63

66

62

Feb.

23

62
19

74
Sale

10%

19
2

11% Feb.

18%

20%

19

12

13%

12

13%

12

19%
13%

12

Feb.
Feb.

7
16

12%
12%

14%

13%

14%
Sale

13% Feb.
11% Feb.

13% Feb.

12

13%
12%

20

14%

13%
11%

23

12

Feb.

1

8%
29%
11%

9

Feb.

26

9

Feb.

Sale

31%
13%

Feb.

3

12% Feb.
% Feb.

16

38*

29%
12%
%

29

12%
%
40

40

42

14%

15

15
14%
3
1%
22% Sale
38
36%
27%
26%

17%

18

32

12

Feb.

12

Jan.

19
20

18

Feb.

15

70

Jan.

11

22%

Jan.

11

16

42.% Jan,

18

13% Jan. 19
11% Feb. 23

14% Jan.

5

12

Jan.

23

9

Feb.

26

Oshkosh B'Gosh Inc—

120

260

240

270

150
450

170
150

150

1,998
1,622
320
800
450

105

850

1,540
670
570
650
650
450

.__*

Common

Convertible preferred
350 Parker Pen Co (The) com.

*

::io

600 Peabody Coal Co B com__ ...5
.100
230
6% preferred
30o Penn Elec Switch conv A. ..10
*
400 Penn Gas & Elec A com

5%
24

12

%

1%

23%

2,979 Peoples Gas Lt & Coke cap .100
*
610 Perfect Circle (The) Co

88*
27

1.550 Pictorial Paper Pkg com... :::-5
850 Pines Winterfront common ...I

4%

*

225 Poor & Co class B
850 Potter Co (The) common.. -.1

3.397 Pressed Steel Car

common

1,790 Quaker Cats Co common—
72 »

Preferred

1,200 Rath Packing common
800 Raytheon Mfg Co com—

6% preferred
140 Reliance Mfg Co common.

700

For footnotes see page




56.

*

12*
%
14%
119

TOO

145

.10

45

50c

%
%
11%

-_5
.10

13%
%
41

"IB"

:i5o

3,983 Pennsylvania RK capital-_

8
31

,

15%
2%

2

Sale

Sale
Sale

"48"
1

%
13%

3
Sale

38

28%
4%
%

9

10

Sale

27%
5

%
10%
%
11%
119%
151%
48%
%
%
11%

Sale

10

%

13

33%
%
%

35

11%

13

1%
1

5

% Jan.

22

29% Feb. 20
12% Jan. 25
9
% Feb.

.Tan.

12

40% Feb.

21

14% Feb.

15

15

Jan.

2

Jan.

11
17
3
15
8

5% Feb.

14

15

2

Feb.

15

21% Feb.
35% Feb.

3

23

Feb.

21

1

7

38%
27%
5%
%
10%
%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

15

Feb.

26

153

%

11

Jan.

Feb.

2

Sale
1

4

Jan.

2

u*
Sale* uH 12*
Sale

Jan.

12

15

5

Sale

7
29

Feb.

Sale

4l|

26

Feb. 20
Feb. 16
9
Feb.
Feb. 21
Feo. 15

14% Feb.

40

4%
%
%
11%
10%
10%
%
11%
118% 120
118%

Sale

9

29%
12%
%
40%
14%

Feb. 26
Feb.

23

Feb. 27
6
Feb.
13
Feb.
Feb. 28
Feb. 20 123% Feb.

150

Feb.

33

Feb.

19

% Feb.
•% Feb.

14

2

21% Jan.
35% Jan.

15

26

1

-

Jan.

Feb.

16

7

14

4% Jan.

8

5

% Feb.

23

7

16
9

•

10% Feb. 27
6
% Feb.
11% Jan. 23

2% Jan.
24% Jan.
38% Feb.
28

4

%
12%
%
14%
123%

Jan.

Feb.

7

154

Feb.

29

Jan.

4

Feb.

16

Jan.

2

7

118

.Tan.

3

Feb.

29

150

Feb.,

3

52% Feb.
1% Feb.
% Feb.

14

33

Feb.

19

20

% Jan.

22

2

% Jan.

11

55% Jan. 17
1% Feb. 20
% Jan. 25

11% Jan.

12

12

3 154

9

40

Jan.

30

56

CHICAGO

AGGREGATE
SALES

PRICES IN FEBRLARY

CHICAGO
STOCK EXCHANGE

Since

February

Jan. 1

Shares

Shares

STOCKS

1940

Par Bid
_

com

(new).*

50

140
3,800

430 Sivyer Steel Castings com
*
5,300 South Bend Lathe Wks cap_-5

2,140

3,740 Southw G & E Co 7% pref.,100
50 Southwestern Lt & Pow pfd—*

900

""1,041

2,061 Spiegel Inc common

7
140

2,050
41

2,851

5,123 Stand Oil of Ind capital
25
430 Stein & Co (A) common
*
450 Sterling Brewers Inc common. 1
2,986 Stewart-Warner Corp com
5
500 Storkline Furniture com
10
7,000 Sunstrand Mach Tool com—5
17,355 Swift & Co capital stock
25
3,563 Swift Internacional capital.-15
1,750 Texas Corp capital
25
2,350 Thompson (J R) common—25
2,350 Trane Co (The) common
2

30
50

1,558
250

3,000
7,605
2,060
1,238
950

1,050

932

200
226

5,178
640

1,800
1,350
1,500

1%
25%
9

JrA

27

Sale

29

9%
83%
1%

10
Sale
Sale

9%
84%

85 %

27

10
Sale

1,250
3,456

3 ,150

6,899
136

20
„

1,945
709

400
60

950

100

200

170

Ask Bid

1 %

1%

1%

28

29

29

15
14

17
Sale

17
14

23

Sale

107%
95

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

41

42

75%

"12%
Sale

Sale

iS*

7

15%

22

Sale

32

Sale

4

14%

4%
Sale

1%
Wahl Co common
*
20%
Walgreen Co common
*
21%
Wayne Pump Co capital
1
26%
Western Union Teleg com. .100
West'house El & Mfg com
50 116
Wieboldt Stores Inc com
*
6%
90
Cum prior preferred
*
Williams Oil-O-Matic com
*
1%

1%
Sale
22
Sale
117%
Sale

550

1,350
400

2,980
•

13,300
Common
.-*
2,400 Woodall Indust common
2
2,024 Wrigley (Wm Jr) Co capital
*
1,100 Yates-Amer Mach capital
5
4,890 Zenith Radio Corp common
*

No par value.




x

Ex-dividend.

4%
3%
84%
2%
16

5
4
88
2%
16%

27

81% Jan.
1% Feb.

13
1

2

Feb.

Jan.

20

30

Jan.

14
27

Feb.

16

Feb.

29

16

Feb.

29

17

Jan.

29

Feb.

24

14% Feb.

14

Jan.

18

2

Feb.
Feb.

28
15

15
25
15 111

Jan,

22% Feb.
108% Feb.

10% Feb.

13

25
1 111

8

15

39

13

80
13%
1%
2

2%
1%

Sale
2%
Sale

1%
1%

15

1%
7%
6%

2
Sale
7
16%
Sale
32

16

22%
31%
42%
4%
13%

Sale
Sale
14%

80

Sale

15

Sale

26

Sale

13

14

1%
8%
6%
19%

2
Sale
7
Sale

23

Sale

31%
44%

Sale
Sale
4%
16

4

15%

ft*

9% Feb.

38%
75%
12%
1%
1%
25%
12%
1%
7%
6%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

16

Feb.

Sale

15%

1%
21%
22
23
22%
22%
23%
23%
107
108
111%
6%
7
6%

1%

1%

5%
4%
86%
3%
15%

5%
4%
Sale

5%
3%
85%
3%
15%

Sale

Sale

99

Jan.

11

Jah.

15
24
4

38% Feb.

1

7%

13
5

7
7
1

1

Feb.

10

Feb.

10

Feb.

6

Feb.

13
17

Feb.

7% Feb.

7

Feb.

21

19

12

Jan.

1%
7%
6%
15%

Jan. 15
5
Feb.
Jan. 29
9
Jan.

78% Feo.

3

84% Feb.

21

15% Feb.

14

1% Feb.

1

45% Feb. 15
1
4% Feb.
15% Feb. 21

20
1
1

Feb.

9

56

Feb.

17

Feb.

8

Feb.

1

Feb.

5

9

Feb.

9

Feb.

27

40

Feb.

27

Feb.
Feb.
Feb.
Feb.
Feb.

13

2

Feb.

5
2

Feb.

IVA

1

22% Feb.

19

23% Feb.
25% Feb.

2 113% Feb.
14
7
Feb.
16
93% Feb.
13

1% Feb.

5% Feb. 27

5% Feb.
4% Feb.
89
Feb.

4

Feb.

8

85% Feb. 20
3
Feb. 13
5
14% Feb.

2

Feb.

Feb.

1% Feb.

14% Jan.

1% Feb.
86% Feb.

Feb. 26
1
61
Feb.
Feb. 19 117
Feb. 20
1%
1
Feb.
2
Feb.
1%

2

6

3
78% Feb.
14% Jan. 15
1
1% Feb.
81% Feb. 26

16

19
10
15
8

15
13

3
2
9

3% Feb.

1

16% Feb.

23

115%
1%
%
1%

ft*
rA
7%
19%
23%
32%
45%

Jan.

3

Jan.

22

Jan.

23

Feb.

17
7

Feb.

Feb. 21
Feb.

14

4
15
4% Jan. 17
15% Feb. 21

16

Jan.

4

Feb.
7
13% Feb. 15
2% Jan. 30
2% Jan. 19

3

2

32

Feb.

80

Feb. 28

31

6% Feb.

-

Feb.

1
Feb.
Feb. 27
8
Jan.
Jan. 24
Jan. 22

Jan.

93

Sale
4%
Sale
Sale
Sale

?8
51*
%

38%
75%
11%
1%
1%
25%

22

2
1%
22
21%
23%
23%
Sale
22%
Sale
108%

2

15

7

15

30% Jan.
42% Jan.

Sale

93

1%

5

31

14

•

1% Sale
21% Sale

17

1

Feb.

13% Feb.

80

Feb. 28

Jan.

28

'

«

23
28

38% Feb.

Jan.

9% Jan.

Feb.

81%
56%
Sale
116% 117% 115%
1% Sale
1%
VA
Sale
%
%
%
1%
1%
1%
,1%
20%
19%
40
38%
59

2

4

23% Feb.

"81"" "83""

Sale

1

27

87

11

Feb.
Feb. 20
1
Feb.
Feb. 14
6
14% Feb.

22%
31%
42%
4%

Sale

Sale

22% Jan.
108% Jan.
97

75%

9
4

28

Sale

37

3
26

7

99

13

Feb.

14

14

80

1 % Jan.
Feb.

30

Feb.

Wisconsin Bankshares—

5,900

15

Feb.

Feb.
Feb.

Sale

108%

Jan.

9

2

12%
24%

Sale

26

9

30

15

23

Sale

39%

85

1% Feb. 27

26

1

16

12

115%

1

1

Feb.

10% Feb.

7
29

Sale

78

86
6%

30

16

90

2

Sale

1% Feb.

1
Feb.
Feb. 27

82% Feb.
1% Feb.
29% Feb.

38%

13

1% Feb. 27

Sale

10%

12

6

9

2

Sale

26%

2%

27

Sale

30

9%

1%
*VA
26% Sale
13

Sale
Sale

30
18

97

10% Sale

12
1 %

1 %

Sale

22%
108%

a

90

397

Bid

87% Sale
3,981 Union Carbide & Carbon cap.*
16% Sale
2,923 United Air L Transp capital-.5
200 United Gas Corp common
1
83~86~~
864 U S Gypsum Co common
20
66% Sale
14,021 United States Steel common._*
Sale
1,292
7 % cumul preferred
100 117
1% Sale
3,350 Utah Radio Products com
1
%
%
2,100 Utility & Ind Corp common..5
2,350
Convertible preferred
7
\A
19
Sale
250 Viking Pump Co common
*
40
Sale
120
Preferred
*

1,957

541

2

7 St Joseph Lead Co cap
10
210 St Louis Nat Stockyards cap..*
1,150 Standard Dredge (new) pref_20
4,755
Common (new).
—1
141 Standard Gas & Elec com
*

750

Feb. 29

Feb. 1
Ask

Mills—

Common

Sangamo Elec Co

Schwitzer Cummins capital
1
Sears, Roebuck & Co capital—*
Serrick Corp class B common.l
600 Signode Steel Strap Co pf—30
450
Common
*

380

1

Price
Jan. 2

Rollins Hosiery

2,550
3,400
2,150
5,655
1,200

2,730

RANGE SINCE JAN.

„

In

1,550
1,250
1,400

STOCK EXCHANGE

88

16%
1%
87%
Jan. 22
68%
Feb. 19 118%
Feb. 20
%
Jan. 30
5
Jan.

Jan.

Feb.

Jan.

3

Jan.

3

Feb.

1

Jan.

25
3
4

Jan.
Jan.

Jan.

2

20

Jan.

5
12
5
24

39% Jan.

12

40

Jan.

12

19

1%
20%
22%
22%
106%
6%
91%
1%

.

Jan.
Jan.

Feb.

Feb.
5
2
Jan. 10
2
Jan. 15 22% Feb.
8
Jan. 17 24% Jan.
3
Jan. 15 28% Jan.
4
Jan. 23 117% Jan.
Jan. 25
7% Jan. 10
Jan. 13 93% Jan. 15
9
Feb. 13
1% Jan.
4

5

Jan.

4

Jan.

3

84% Jan.
2% Jan.
14% Feb.

29
8
5

5% Feb.
4% Jan.

89% Jan.
3% Jan.
16% Jan.

3
6
5
19
3

If*

Baltimore Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
Stock

February

Sales

Shares.

-

Jan. 1 to Feb. 29
AGGREGATE
SALES
Since

February

Jan. 1

60,600
20,500
2,000
3,000

Shares

STOCKS

7,563 Arundel Corp
54 Atlantic Coast L (Conn)
2,517 Bait Transit Oo com vtc

1,353
2,103

4,145

1st preferred v t c
65 Black & Decker common
938 Oonsol Gas E L & Power
286
454% pref B
50 Davison Chemical Co com

65
434
123
50

1.245
450
379
96

1939

125

3,183 Houston Oil preferred
9,150 Mar Tex OR....
Common class A
5,319

940
5

5

*
50
*

*
♦

100

Maryland & Pa RR

com

-.25
1

.1

100

72
70

460

240

2,912
656
399

424 Northern Central Ry_

18,450 Owings Mills Distillery
893 Penna Water & Power com

4,500
623
62

2054

5

750 Western National Bank

303
par

value.




x

2954
34
94

Ask Bid

Sale
35
95 54

103 54
100

31

Ask
Sale

3654 Sale

-

RANGE SINCE JAN.

1

Highest

Lowest

Highest

Sale Prices

Sal&iPrices

Sale Prices

Lowest
Sale Prices
29
Feb.
5
34

Feb.

10354

9554 Feb.
10354 Feb.

100

101

21

Sale
1.55 Sale

20 %

Sale

8054
82%
117% Sale

45c
Sale
1.80 Sale

1954

Sale

19

Sale

19

42c

Sale

40c

1.70 Sale

20%
80
83
79% Sale
118
119% 118% 119

1034 Sale
30% Sale
123

30%
9%

125

Feb.

31%
6
3654
95 54
2
6 10354

20 101

32%
10

31%
9%

30

2
1

60
1
♦

20

19

Feb.
1.60 Feb.

Feb. 24
Feb. 26
Feb.
2
Feb.
6
Feb. 20

21

Feb.

14

17% Feb.

1

46
Sale

17%

Sale

17

35c
3ac

48c
Sale

50c
48c

Sale
Sale

45c

50c

42c

35c

55c

30c

2654 Jan.
31
92

Jan.
Jan.

Feb.
Feb.
Jan.
Jan.

24

Feb.

20

2154 Jan.

16

3154
3654
95 54
12 103 54

4

15
4

10354 Jan.
101
Feb, 20 101

258

27%

14%

....

28%

13%

Sale

2

Feb.

20
Feb. 21

35c

45c

67%

68

1.35

15% xl5% Sale
1.35
1.25
1.50
89%
00%

Sale

20c

Sale
3354 Sale

26

27
12

2

Feb. 29
Feb.

9

15

Feb.
1.25 Feb.

13
7
20
13

20
2954 Feb. 13
254 Feb. 26
47
Feb. 27
Feb.

4654 Feb. 13
15% Feb. 23
1.45 Feb.

88% Feb.

1

24

29c

Feb.

26

72

7

87

67
87

Feb.

75
40

36

/

Feb.

2

90

35

60c

258

Sale

it*

6

15
1

68

Ex-dividend"

5

Feb.

15

80

Sale

26

Feb.

23c

21

8954 Feb. 23

9
2

Jan.

4

154 Jan.
4554 Jan.
4454 Jan.
1254 Jan.

11

1.25 Feb.

13

28

4

8
4

Feb.

1

Feb.

16

67
87
75

4
Jan.
Feb. 24
Feb. 26
Feb.
7
Feb.
2

36

Feb.

Feb.

2

75

Feb.

2

17

36

Feb.

17

8

2354 Feb. 21

34

1

35

Feb.

8

88

2254 Jan.
3354 Jan.

2

15 260

23c

Feb.

Feb.

Feb.

Jan,
13M Jan.

5

22% Feb.

Feb.
8
55c
Jan. 25
1.85 Jan. 26
21
Feb. 15
83
Jan.
6

20

5
1.50 Jan.
Feb. 15
7854 Jan. 22
8 11954 Feb. 10
116
Jan.
6
754 Feb.
6
754 Feb.
1154 Jan.
3
8% Feb. 13
Jan.
3
27
Feb. 15 31
5 130
Jan.
8
126
Jan.
5
3254 Feb. 27
3054 Jan.
10
Feb.
5
6
954 Jan.
50
Feb.
6
46
Feb. 14
2
17
Jan.
1754 Feb. 15
4
60c
Jan.
9
40c
Jan.
55c
Jan. 11
30c
Feb. 21

Feb.

72~" Sale"

Sale
Sale

23

Feb.

Feb. 27

Feb. 21
Feb. 29
2
Jan.

21

10 260
13% Feb. 29 15

87

23%
34%

Feb.

1754 Feb.

50

Feb.

Feb.
Feb.

37%
22 %

26c

15

19

9

9

28% Feb. 13

Sale

Feb.

19
40c

Feb.

46
15

21

8

Feb.

Feb.

46% Feb.

88%

19
28

55c

2

258

28%

"2% "3
43%
13% Sale
1.40
1.50
86%
89

1

Feb.
Feb.
1.85 Feb.

20

48c

2

1.25

Sale

9
15

20% Feb.

30
130

Sale

~

Feb.

9

2
83
Feb. 13
78% Feb.
5 11954 Feb. 10
.118Feb.
6
6
7 54 Feb.
7% Feb.
8% Feb. 13
954 Feb. 23

17

13%
16%.

Feb. 21
Feb. 29

9% Sale
28
27
Feb. 15
30
29%
12754 128
126% Feb. 16 128
32% 31% 33
31% Feb. 19 3254
10
10%
9% Feb. 13
10%
9%

9% Sale
28%
127

100

5 Seaboard Oomm'l 5% pref -.50
13,767 U S Fidelity & Guar—..
2

5

Feb. 29

Feb. 1
Bid

22
40c

82 Phillips Packing Oo 554 % Pf 100
5 Real Estate Trust Oo
-100

3,464

No

Preferred

43 National Marine Bank
6,791 New Amsterdam Casualty
6,681 North Amer Oil Co com

38

Jan. 1 to Feb. 29-.--

1

189 Mercantile Trust Co.
,_50
986 Merch & Miners Transp
*
612 Monon W Penn PS 7% pref.25
420 MtVern-Woodb Mills com. 100

118
535

1939

$147,900
472,500

par

230 Finance Co of Am class A
5
125 Guilford Realty Co 6% pref100

1,173
5,700

-

PRICES IN FEBRUARY

2,646 Eastern Sugar Assoc com v.t.c.l
Preferred v.t.c.
1
1,170
1,070 Fidelity & Deposit-20
533 Fidelity & Guar Fire Corp
10

494

1940

$257,600
638,450

Sales

...

Price

BONDS

Shares

54

February

Jan. 3

Ask
$
BALTIMORE CITY BONDS- Bid
27
Sale
475,000 Balt Transit Oo 4s flat..--1975
A 5s Hat
1975
110,450
3154 32%
B 5s
1975
28,500
4,000 Finance Co of Amer4%-.1947 103 54
3,000 Interstate Bond Oo 5% -.1946 100

5,300

♦

1939

30,505
94,413

BALTIMORE
STOCK EXCHANGE

In

$
154,500

-

Bond

1940

38,359
93,958

17
15
2

Feb.
Jan.

9

15

1654fJan. 11
2954|Feb. 13
2 54fJan. 26
Jan.
9
4654 Jan. 13
1554 Feb. 23
1.45 Jan. 11
8954 Feb. 23

48

Jan.

3

7254 Jan.

9
11

40c

89

75
36

Jan.
Feb.

Feb.
2354 Jan.
35

Feb..

2

17

19
8

Boston Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BOSTON STOCK EXCHANGE
Stock Sales

1940

February

Shares.

Jan. 1 to Feb. 29____

______

1939

.

282,466
639,438

Bond Sales

February.

334,182
849,431

—

Jan. 1 to Feb. 29

1940

1939

$45,100
88,650

$26,750
78,300

AGGREGATE

BOSTON

SALES
Since

February

Jan. 1

$
30,000
5,850
3,000
4,650

345
335

BONDS

69,000 East Mass
Series B
7,750
Series C
3,000
Series D
7,300

St RR

1940
Par

Bid

A 4%s '48
1948

92

5s
6s

1948

96

6s

1948

96

ser

-

1948

STOCKS

Shares

First

94

102%

preferred

50

35c

15H

50c

%

lH

171

Sale"

30

31%

390

92

Sale

11%

Sale

78

Sale

2,519
1,432
1,270
15

249
76
9

982

3,643

332

952

101

121

6% cum pref
100
Bird & Son, Inc..
Boston & Albany
100
Boston Edison Co
.100
Boston Elevated
-.100
Boston Herald Traveler Corp.*
Boston & Maine pref stpd
100
Common (stamped)
100

preferred

ClaSs A 1st pref stpd
1st preferred class A
Class B 1st pref stpd

.

Sale

8%

Sale

2

2

100

2% Sale
2%
2%
1%
2%
1%
2%
2%
1%

CI E 4% % cum. pf std-_100

1,504

2,314 Boston Personal Prop Trust..*

226

429 Boston & Providence
100
520 Brown & Durrel Co common.*

527

1,044 Calumet & Hecla

5

2,139

3,440 Copper Range Co
37 East Boston Co

*

40

210
225

916
45

"2",358
30
50
80

678
106
50

537

""l25
27
527
375

2,068
756
1,617
960

530
35

1,634
625

8,074
43

400
53
111

861

2,335
459
345

190

2,554
1,144
"

2,356

""675
^6,551
134

3,495

""395
265
155
*

..10
992 Eastern Gas & Fuel Assn com.*

4%% cum prior pref
100
6% cum preferred.......100

620
Preferred B
483
Adjustment
5,296 Eastern SS Lines, Inc
45

Preferred

.100
100
100
100
*
*

5 Economy Grocery Stores
*
5,135 Employers' Group Assoc.....*
140 General Capital Corp
*
Georgian Inc (The)—
55
8% cum class A pref
20
302 Gilchrist Co
;_*
2,059 Gillette Safety Razor Co
_.*
327 Hathaway Bakeries class A...*
120
Preferred..
*
1,447
Class B
*
50 Int'l Button Hole Mach Co. .10
635 Isle Royale Copper
15
47 Loew's Theatres (Boston)
25
1,284 Maine Central
100
575
Preferred 5%
100
3,064 Mass Util Associates vt c
1
2 ,714 Mergenthaler Linotype
*
4,546 Narragansett Rac'g Assn Inc.l
960 National Ser Co common.
1
530 National Tunnel & Mines
*
170 N E Gas & El Assn pref
*
4,359 New England Tel & Tel
100
1,007 N Y N H & Hartford
100
19,157 North Butte Mining
2.50
58 Northern RR (JN H)
.100
1,046 Old Colony
^
100
98
Certificates of deposit
343 Old Dominion Co
25
1,180 Pacific Mills.
*
7,039 Pennsylvania RR
50
941 Quihcy Mining Co
25
605 Reece Button Hole Mach
*
240 Reece Folding Mach Co
10
4,667 Shawmut Assn.
*
3,591 Stone & Webster Inc.
*
100 Suburban Elec Secur com
*
4,912 Torrington Co (The)_......_*
200 Union Cop Land & Min Co..25
995 Union Twist Drill
5

10,894 United Shoe Mach Corp
25
681
6 % cum preferred
25
4,932 Utah Metal & Tunnel
1
41 Vermont & Mass Ry Co
100
1,258 Waldorf System Inc.._....._*
469 Warren Bros.
♦
160 Warren (S D) & Co common. _*

No par value.




arE>. dividend

1

2

14

844 East Mass St Ry Co
117
First preferred

Sale

1

100

1st pref class C
100
Class D 1st pref stpd.--.100
Class D 1st preferred
100

537

Sale

100

146
95

2,750
2,261

Sale

18%

10%
83%
148%
40%
19%

100

100

1,183
1,427

Sale

44 %

31
98

2%

1st preferred class B...__100
Class C 1st pref stpd
100

""357

170%

3

767

Sale

38c

Sale

1%
15%
172%

_

%
9%

264
257

370

13 j

2%

180
50

14

145 %

100

309

100

Lowest

Highest

Sale Prices

Sale Prices

Sale

50c

1%

Sale"

Feb.
1% Feb.
13% Feb.
17034 Feb,

50c

35c

1%
1534
172%
34

%> Feb.

__

Preferred

Prior

Highest
Sale Prices

93
Feb. 13
94%
95% Sale
95% Feb. 29
98
Feb.
6
99
Feb.
9
99
100
99
6
103% 102% 106% 103% Feb.
6 103% Feb.
102
103% 102% 106% 102% Feb. 21 103% Feb.
6
103%
103%

523 Assoc Gas & El Co class A
1
130 Bigelow-Sanford Carpet com. *

2,765
5,110
6,099
2,999
2,366

Ask

102

17,501 American Telep &Teleg_._100

2,325

Lowest
Sale Prices

Feb. 29

Ask Bid

93%
98%

93

311

2,040

Bid

92% Jan.
93% Jan.
103% Feb.
102

Jan.

16 95%
16 99
6 103%
30 103%

Feb. 29
Feb.

9

Feb.
Feb.

6
6

par

2,740 American Pneumatic Service._*
1,215
6% non-cum preferred
50
415

Feb. 1
Ask

7,016

""'175

1

Price
Jan. 2

Series E 6s

Shares
1,400

RANGE SINCE JAN.

PRICES IN FEBRUARY

STOCK EXCHANGE
In

2%

14"

If

17
1

6%
4%
7c

5^
20c

1%
2%
1%
1%
1%
2%
1%

12%
17%

28

Sale

101

102

11
Sale

84

Sale

Sale

19%

6%
4%
7c

44%

11%

140% Sale
49% Sale
19% Sale
1

2

2%

2

2%

2

2

Sale

%
7%

Sale

2

4

2%

3

2

8%
2%
3%
2%
3%
2%
3%
4%
3%

2

5

3

2

2%

2

2

2

2%

2

3

2

Sale"
19

Sale"
Sale
20c

3%
Sale

14

16%
1%
7%
5%
6c

Sale

19

Sale

60c

15^
2%
3%

16 %

15%

21

23

15%
23%
30%

2%

3%

4

24

18
Sale

15
23

Sale

1

6%
3

1

1%
6

6

654
4%

1034
8334
140%
40%
19

Feb.
Feb.
Feb.
Feb.
Feb.

2

Feb.

102

16

14

Feb.

8

1% Feb.
1% Feb.
1% Feb.

7
2

16

10% Jan.
78

2

Feb.

834 Feb.

14
8

2

Feb.

1

2

Feb.

28

234
1%
134
134

Feb. 16
Feb. 21
8
Feb.
Feb. 20

17

19

Feb.

1.00

2%
4%
Sale

%

Jan.

8

1234 Feb.

Feb.

2

8
1% Feb.
834 Feb. 21
5% Feb. 21

1% Feb.
0% Feb.
4% Feb.

92

Jan.

14434 Jan.
44% Jan.
1834 Jan.

3

Feb.

9

Jan.

2

Jan.

17

2% Jan.
2% Jan.

1

Jan.

17

1

7%
1%
1%
1%
1%
1%
1%
2%
2%
1%
12%
16%
1

2

Feb.

6

4

Feb.

2

29

25

Feb.

29

16

1534 Feb.

23" "Feb.

1
3

1

1
6% Feb.
434 Jan. 25

5

2434 Feb. '29
3034 Feb. 14

10%
234
2%
2%

Jan.
Jan.

4

5
5

Jan.

6

Jan.

25

2% Jan.

10

Jan.

15

Jan.

4

2

1*

5
2% Jan.
1% Feb. 13
14% Feb. 28

19% Jan.
1% Feb.

23
20

3% Jan.

15

48 % Jan.
21% Jan.

8

1

Jan.

15

63

Jan.

Feb.
Feb.
Jan.

16

1734 Jan.
2% Jan.
4% Jan.

3
25
25

Feb.

29

1834 Jan.
21% Jan.
29% Jan.

1834 Jan.

4

17

24 h

Feb.

29

24

31%

Jan.

4

Jan.

17% Feb. 20

15
5
4

5c

25

Jan.

Feb.

Feb.

1

Feb.

9

1

Feb.

9

Jan.

5

Feb.

7

4% Feb.

9

Jan.

20
30

6% Feb.
434 Feb.

26

6

Jan.

3

Jan.

10

2% Jan.

2
8

Feb.

39

Feb.

2
8

9

Feb.

36

Jan.

9

Feb.

27c

75c

31c

65c

32c

65c

25c

Feb.

32c

Feb.

9

25c

Feb.

6

Feb.

17%
1%

12%

17%
1%

12% Jan.
1% Jan.

iiH

25

22

2%
17

4% Sale
3c

2%
15
5

10c

1%
3

38

125

Sale

8

2%
15%
5%
10c

"J%
34

1%
30
Sale

%

64c
59

Sale

52c

Sale

Sale

61
27c

Sale

25c
28c

23c

10c

14%
23%
1%
9%
1%

12*
60c
30 %

7c

24%

Sale
Sale

2%
9%
Sale
Sale

Sale
1.00
Sale
10 c

28

84% Sale
43%

Sale

47c

55c

80

90
7

6%
1%
25%

1%

11c

13%
21%

6%
1%
26

534 Feb.
5c

1%
131%

1%

,o3/8
56c

Feb.

6
23

Sale

% Feb.

2% Feb.
15% Feb.
534 Feb.

5

6c

Feb.

9

15
26

5

14

15c

6

22c

15%
23%
1%
8%
1%

Feb. 15
Feb. 20
Feb. 16
Feb. 13
6
Feb.

12

11c
22c

Feb.

13% Feb. 23

Sale

22% Sale
2
1%
8% Sale
1%
1%
11% Sale
10% Sale

45c
89

7

1%

7%
1%
30

15
26

5

14

90

Feb.

% Jan.

28c

2*

9

Feb.

21

Sale

54c

Feb.

4

8

13

Sale

1% Feb.

13
23

Feb.

15c

7c

Feb.

Feb.

22c

27%

5c

„

Jan.

28c

"25%

4

Feb.

3

25c

21

Feb.

3

1%
8%
134
10%
9%

Feb.

13

Feb. 23
Feb. 21
2
Feb.
Feb. 24

28

Feb.

13

Feb.

Feb.

34

13
Feb. 21

45c

Feb.

Jan.

2

61

Jan.

17

Feb.

27

25c

Jan.

26

Jan.

24
29
18
11

29

11c

Jan.

6

19c

Jan.

14

3

Feb.

30

Jan.

23

Jan.

3

Jan.

4

1% Feb. 13
834 Jan. 20
2
134 Jan.

Jan.

16
12

13% Jan
21

Feb.

Jan.

Feb.

6
17

Feb.

17

Feb.

10

10% Jan.
9% Feb.

4

10% Feb.

24

Jan.

5

57c

Jan.

22

Jan.

22

21

29

Jan.

15

Feb.

21

8

Jan.

8

65c

Sale

Jan.

15

Sale

56c

15

4

26

75% Feb. 27

31%

Feb.

2% Jan.
14% Feb.
4% Jan.

13

Jan.

30c

80c

10

124 34 Jan.

7

1

Sale

Jan.

8

6

1%

Feb.

22

13

Feb.
Feb.

10 %
Sale

Jan.
Jan.

13

1% Feb.
3434 Feb.

Feb.

76

6

12

1334 Feb.
634 Jan.

2 13134 Feb.
2
% Feb.
14
60c
Feb.

1 % Feb. 26
7
3434 Feb.

Sale" 126% Feb.

15

Feb.

7c

50c
84

5
9c

9

Feb.

27c

81% Sale
43%

5%
6c

8% Feb.
25

45c
70

9

24

734 Feb. 27
22% Feb. 29
5
2% Feb.
14% Feb. 13

1% Feb. 26
5
1434 Feb.

Sale

2

30

15

17
13

"40c"

8%
1%

56c

15

1 % Feb.
13 34 Feb.

27c

70

1%

10%
10%

8

22% Sale
2% Sale

34

127%
%

26c
22c

4%

ilHSale
7

24

20
24
29

1

37

18

8

434 Feb.
634 Feb.
4
,Feb.

41

12%
1%
13%
7%

23
10

1

37

16
7

8

Jan.

40

"2"

5

8% Feb. 2i
5% Feb. 21

3%
30%

1A

4

25
17

Jan.

43

12 %

15

Jan.

2
36

14%
6%
21%

5
29

5
Sale
4

16
2
8

2% Feb.

25

15
5

5

29% Feb.

4

17

Feb.

6134 Feb.

31

Jan.

5934
12%
1%
3 %

15

Sale

5
13

1

1% Feb.
Feb.

Jan.
Feb.
Feb.
Jan.

Feb.

5934 Feb.
1234 Feb.

25

Feb. 20
Feb. 14
7
Feb.
Jan. 29
7
Feb.
2
Feb.
Feb. 16
3
Jan.

60c

14

Feb.

1

75c

Feb.

Feb.

11% Jan.
86

15 149% Jan.
2
49% Feb.
4
20% Feb.

42

1

3% Feb.

2

47% Feb. 29
2
1934 Feb.

Feb.

60c

2 102

29

2

5<J

2% Feb. 20
1
44% Feb.
17% Feb. 20

Feb.
5
60c
Jan. 18
Jan. 17
2
Jan. 20
5
Feb.
15% Feb. 28
5
Jan. 15 172% Jan.
Jan. 10
Jan. 16
Jan. 10
Jan. 15 32

8

Feb.

134 Feb. 13
14% Feb. 28

134 Feb.

1%
1334
167%
%6
2834

1134 Feb.

5
149% Feb.
4934 Feb. 29
2034 Feb. 15

7% Feb. 20
1% Feb. 14
7
134 Feb.
2

Feb.

35c

86

17

24 %

30

4%

2%

15

16

31

Feb.

97

1

20c

62

b

30
18

29%

%

6

17

2

1
4

60
12

4

5%

Sale

19

60c
58

3%

Sale"

Sale

1.00
61

62

14%
17%

2%
47%

21

58

11%
Sale

2

1

3

2% Sale
43% Sale
20
99c

2

27

31%

Feb.

1
Feb.
Feb. 28
Feb. 29
7
Feb.

29% Feb.

32

Feb.

2534 Feb.

28

Feb.

9

25% Jan.

4

Feb.

9

72

Feb.

8234 Feb.

2

72

Feb.

29

Jan.

43%

43

Feb.

44

Feb.

5

42% Jan.

12

Jan.

2
5

50c

45c

Feb.

50c

Feb.

16

45c

Feb.

10

Jan.

87

Jan.

18
5

Jan.

17
28

13

Feb.
Jan.

16

Feb.

6

5c

20c
28
Sale

Sale

1%

6% Feb.
1% Feb.
27

Feb.

7% Feb. 28
1% Feb. 16
30

Feb.

6

Jan.

6% Jan.
1% Jan.
26% Jan.

3

3

I '

V

THE CLEVELAND STOCK EXCHANGE

RANGE OF PRICES ON

Shares_

February
Jan. 1 to Feb. 29

40,361

28,675

February.

78,315

70,467

Jan. 1 to Feb. 29.

1939

1940

Bond Sales

1939

1940

Stock Sales

AGGREGATE

In

Jan. 1

Shares

Shares

175

225

60

85 Apex Electric & Mfg
Prior preferred
122

177 uBond Stores
6 Canfield Oil

6

17

common.—

405
22

532

"~45

common.

115

101

25
50
7
21
*

255

540

389

35

22

10

35

150

444 Murray Ohio

20

625
62

865
295

"'722
267

z35 34

Jan.

Feb.

5

Sale

11

Feb.

1

Feb.

1

Jan.

19

1834 Jan.
1234 Jan.
734 Jan.
115 34 Jan.
z3254 Jan.

50
50

1334
4234

1334 Feb. 27

102

18
13
Sale

15

4134

prices in primary markets

Unlisted.




on

21

Feb.

5

al5

1934
734
1134

"2534

10

Sale

22

734

634
1034
1034
1434
1434
1934

12

13

1434

1334
2334

15
Sale

^634

Sale

9

1254
2034
3834

8

8

31
48

33
48 %

20

4%
UK
UK

56 %

58

5%

5

com..

..2

which odd lot sales

were

21

39

834

334

6

634

1

134

12
40

23 %

based,

9%
61K
UK
40 K
23 %
z

10

Jan.

20

a7

14

z3534 Jan.
1634 Feb.

1634 Feb.

6

334
534
134
954

33

Jan.

15 z42 34 Feb.
7
1734 Jan.
Jan.
33
9

15 34
60

Feb.

19

41
24

_

15 z37
734
434 Jan. 30
2434 Feb. 18 2934
1154
934 Jan. 26
Feb. 23
50
51

z21 34

Feb.

z234
3634
134
z54

Jan.

12

Jan.

9

Jan.

24

2

2
10

10
9

10

Feb.

19

14

Feb.

6

Feb.

8

14

1334
2 o2134
6
3934
9
a834

5 a61

10

Feb.
Feb. 10
Feb. 21
Feb. 23

534
334
634
134

1034

Feb.
Feb.

27

Feb.

21

Jan.

Reflects range of prices in primary

17
9
9

8
4

Jan.

4

3 34 Jan.
Jan.

30

3 z27

5

..

154 Jan.

27
4

Jan.

26

40
1

22 z1854 Jan.
29 3034 Feb.

3

zl9 34 Jan.
z6 34 Feb.

13 z23

Feb.

21

z754 Jan.
31 z1234 Jan.

3
8

934 Jan.
1334
12 34
zl854
3634
z7

24

2

2

Jan.

2

10

Jan.

Feb.

19

14

Jan.

4

Feb.

14

14

Jan.

19

Jan.
Jan.

22 z23J4 Jan.
3
3934 Feb.

Jan.

16

3534 Feb.
Feb.
2
Feb. 21 z2734 Jan.
Feb. 20 z4634 Jan.
4
Jan.
Feb. 14
z934 Jan.
Feb. 21
1434 Jan.
Feb.
z5534 Jan.
534 Feb.
Feb.
6
334 Jan.
Feb. 15
534 Feb.
Feb. 27
134 Feb.
Feb. 21
954 Feb.
Feb.
3

all34 Feb.
7 ol234 Feb.
a3934 Feb, 24 04234 Feb.
02334 Feb.
8 a24% Feb.

9
8

zl5 34 Jan.
Feb.
30

10

6

Feb.
Feb.
Feb.
Feb.

Jan.

8

Feb. 28
Feb. 17
Feb. 27
Feb. 12
15
zl3 34 Feb. 23 zl654 Feb

1

39

17 34 Jan.
60
Jan.

Z33 34 Jan.

z834 Jan.

3

27
5

Jan.

6

15 >.3434 Feb.
19 z52
Jan.

20

2

26

36

3

534 Feb.

14

Feb.

21

15 zl3

1454 Jan.
22 z6854 Jan.
3
534 Jan.
18
3 % Jan.
10
6 3g Feb.
21
134 Feb.
23
1034 Jan.

23

3
3

20
25
—

27
21
2

Jan.

26

Feb.
zll34
z3854 Jan. 22 z48 34 Jan.
Feb.
z22
5z2834 Jan.

15

65
12

Jan.

"

9

3

6

3

20

Feb.

Feb.

4

12

17

Feb.

9

10

^

Jan.

„

Feb.

134 Feb.

10

Feb.

15

8

1334
1234
al934
3634

z25 34

_

Feb.

Feb.

Feb.

Jan.

7 ol634 Feb.
7 02434 Feb.

37

16

3

9

10

58 34 a5634 Feb.
5 34 Feb.
534

3%

41

14 zl0334 Jan. 22
4
Jan. 29
3
26 z29
Jan.

Jan.

20

6

20

4

2
3534 Feb.
3534
5 a3434
3334 a3034 Feb.
4834 a4934 Feb. 16 a5034
434 Feb. 26
534
534
1134 01134 Feb. 15 al234

4

1%
11K

1234
4734
2834

1434
1334

22

Jan.

9934 Feb.

13

15

Sale

Jan.

15

10

13

25

15

5

134 Feb.

10

52 34 Jan.
50
Jan.

Feb.

Feb.

31

1

6

51

3

13

21

1

1634

20

Feb.

2854 Feb. 26
1134 Feb. 26

29

3

15 z24 54 Feb.
14
Feb.

26

Feb.

1734 Feb.
Sale
30
Feb. 29
30
3034 Feb.
2134
2234 O2034 Feb. 26 a2234 Feb.
Feb.
2
a7
654
634
a654 Feb.
Feb.
3 all34 Feb.
1034 olO
1034

134

1634

4

Feb.

Feb.

Feb.

3

3

1
Feb.
Feb. 26
1
Feb.

a2234 Feb.

2

Jan.

11

28

Feb.

Jan.

15 zl9 54 Jan.
15 z2034 Jan.

27

13

Feb.

6 03434 Feb.
734 Feb.

3434 a34
434
28
"35"" 2854
1134
1234
934
50
5034 Sale
7

6

3

Feb.
Feb.

2 a39

7

19

354 Feb.
13

3334

Sale

*

13

Feb.

3634

35

com. *

6

3
11

3634

'

Youngstown Steel Door

1734 Feb.

17

Upson-Walton

m

7

Feb.

10**

112

Feb.
Feb.

3

Jan.
Jan.
Feb.

z934 Feb. 28 z12 34 Jan.
Feb. 20
40 34 Jan.
Jan.
9
1734 Feb

60

....

555 YoungstownjSheet <fc Tube

17
13

27

Jan.

37 34
16

17

Stouffer Corp—
Class A $2.25 cum pref
Thompson
Products Inc com.
1,342
112 uTimken Roller Bearing com.
1.190 Troxel Mfg

112

3934 Feb.

Feb.

45

335

20

6
26

25

14

28 al034 Feb.

1
3

11

Feb.

Feb.

60

1834

50

17

Jan.

50

26 a2734 Feb.

23

1334 Feb.

50

14 alOl

Jan.

zl634 Jan.
z2154 Jan.
13 34 Feb.

1

65

334

zl7

5

60

Sale

2

Jan.
6
1734
31 z21 54
zl954
3 34
334 Feb. 19
z37 34 Feb. 29 z41
z2034 Jan. 18 z23 54

27

Feb.

50

65

2734
1034

Feb.

Jan.

Feb.

50

60

6

45

1334 Feb.

1

5

5

8%

574 Weinberger Drug Stores...... *
115 W R I Corp 6% prior pref .100
1
624 White Motor

13

Feb.

35

com

7
20

Feb.

16

30

632

Feb.
Feb.

19

35 Nineteen Hundred Corp A
185 Ohio Brass class B_.

375 uTwin Coach common
325 Onion Metals Mfg Co
1,836 uU S Steel common

15

1534 Feb.

134
%
1834

com

2

Feb.

1534

770 National Tile
302 Nestle LeMur "A"
853 uN Y Central RR com

6,122 Richman Bros
495 Seiberling Rubber Co

9

Feb.

1534

39

3,431 uRepublic Steel common

19

33

36

...

Feb.

8

31

34 34

common

10

41

a9934 Feb.

4134 a3834 Feb.
1634 Feb.
1734

18

23

344 Patterson-Sargent
583 Reliance Elec & Eng com....

7

11434 Feb. 24
z2734 Jan. 15

35
Sale

16

common

Feb.
Feb.

534
2634 02534 Feb.
o934 Feb.
Sale
3734 Feb.

2234
334

...

Feb.
Feb.
Feb. 29 a40
3 a22
Feb.
Feb. 28 al834
8 O2034
Feb.
6 o2454
Feb.
14
Feb. 26

60

334
3634
134

25

nH

17

50

2834
1234
4234
1634
1634
434
1234

Feb.

13

Feb.

15

4

2 z40 34
20

1734 Jan.

66

41

Feb.

Feb.

5134

10334

2

_

1634 Feb.
1134 Feb.

1534

462 Vlchek Tool
192 Warren Ref & Chem

Reflects

17

13

20

16 a2034 Feb.
19
334 Feb.

13

26

1
60 54 Jan.
5
27 zll434 Jan. 10

5

2634

440

"""375

20

24M

Feb.

7

3

2,084 Van Dorn Iron Wks Co

303

2334
1834

65

1934 Feb.
1534 Feb.

2034 al934
334
"3734 a3734
2134 a2134
1734 al734
Sale
al734
2334 02234
14
1334

~41~~

634 Feb.

Sale

26

.....

967
192

Feb.

300 uNat Malleable Steel Cast com

1,136 Otis Steel Co
521 Packer Corp

385

39%

10

1,963 National Refining
$6 prior preferred
1,321

364

1,759
3,532

Feb.

5034
14 %

1.098 uOhio Oil

134
483

2134

134 Jan.
51

23

115

12

12

26

zlll

220 Myers (F E) & Bros Co com..
900 National Acme Co com

414

92

3%
40 K
2234
18%
1934
2334

Feb.

9

20

21

16
21

65

88

23 zl234 Jan. 15zl434 Jan. 26
Feb.
17
6
17 z9434 Feb. ~"z98
zl654 Jan. 11
1634 -Ian. 11

29

50

2534

Mfg..

8
116

Jan.

5 z2434 Feb.

"

Feb.

2034

12%

"16
23

Feb.

Feb.

9
2

"

2

Feb.

27

10

Jan.

52

51
alll

7

4
21

Feb.

Jan.

26

zl934 Jan.
10 34 Feb.
954 Feb

13 z6034 Jan.
14 zl234 Jan.

Jan.

1

55
Sale

11

85

13

134 Feb.

20

4

100 Monarch Machine Tool Co...
'

3634
Sale
Sale

Feb.

17

41

Steel Prod

6334

Feb.

65

20

19 z22
z6
13

27 all 134 Feb.
7 O4034 Feb.
4034 a3734 Feb.

2

115

a96

aQH Feb.

2 al334 Feb.
17 a98
Feb.

x
834
11434 Feb. 24 11534 Feb.
5 a3234 Feb.
3134 a5054 Feb.
45
Feb.
2
4934
4534 Feb.

1534
2834
1634

...

2,243 Miller Wholesale Drug

100

183

—

3

26

3034

1334
1334
3 34
1234

........

Metropolitan Pav'g Brick pf 100

339 Midland

130

1.795

500

Jaeger Machine

Feb.

al334 Feb.

6 o2234 Feb.
2

29%
4934

114

12

45 McKee (Arthur G) class B...
472 Medusa Portland Cement

107

1834
1734
1134
7K

2834

100 McKay Machine

35
_

36

36

.......

345 Leland Electric
.135 uMartin (Glenn L) common..

225

598

SS

571 Kelly Island L & T—
3,293 Lamson-Sessions

417

2,803

1634

102
3

1,505 Interlake

649

98

18

42 Hanna (M A) $5 pref
473 Harbauer Company

690 ^Industrial Rayon com
485 wlnterlake Iron common

270

97

~46%

...

65

16H
IK

195 Greif Bros Cooperage A com.
5
145 Halle Brothers
Preferred
50
137
...

T

94

58

Highest
Sale Prices

2434 a2254 Feb.
a634 Feb.

13

113

Lowest
Sale Prices

Sale

12H

100

Preferred

32

20

731

com..

1,123 Goodrich (B. F.) Co. common
1,348 Goodyear Tire & Rub com
101 Great Lakes Towing
100

687
702

125

...

565 General Tire & Rubber
410 uGlidden Co common

100

530

1

com

14 Fostoria Pressed Steel
718 wGeneral Electric com

356

180

59

50 wFirestone Tire & Rub com. .10

14

249

3

100
5

282 Faultless Rubber Co

m

12H

100

320 Commercial Bookbinding-._.
695 Dow Chemical 5% pref
100
'
1.509 Eaton Mfg. Co.common
170 Elec Controller & Mfg

20
133

,552
74

5K
59 K

6

100

715 Colonial Finance Co

8

22

*

1,787 Cleveland Kys
13,693 Cliffs Corp

8

87

Highest
Sale Prices

2 *17 K' Jan.
al734 Feb. 26 al834 Feb.
Feb.
9
9
Feb. 19
1034 Feb. 21
Jan.
8
9
Feb.
8
954 Feb. 27
7
Feb.
9
7
Feb.
9
634 Jan.
a58
Feb.
3 o5834 Feb. 26 z5634 Jan.
Feb. 14
1134 Feb.
all34 Feb. 14 al2

18K

—1

Lowest
Sale Prices

Feb. 29

1

Bid

*
100

1
30 Clark Controller
2.537 Cleveland Builders Realty
*
870 Cleveland Cliffs Iron $5 pf
*
30 Clev El IU $4.50 cum pref
*
922 wCleve Graphite Bronze com.l

2,312

636

common

2,352 City Ice & Fuel
46
6K% preferred

673

6,757
365

-

2,590 Brewing Corp of America

1,379

Feb.

1940
Par

63

121

u

STOCKS

330 Amer Coach & Body
5
u American Home Products—1

180

a

Jan. 2

311 uAddressog-Multigraph com. 10
175 Air-Way El Appli 1st 7% pr 100
500 Akron Brass Mfg common----*

147
305

1

Price

STOCK EXCHANGE
Since

February

RANGE SINCE JAN.

PRICES IN FEBRUARY

CLEVELAND

SALES

markets.

Jan.

Jan

x

22

65

24 zl3 54

3
4

No print sales only*

RANGE OF PRICES ON DETROIT STOCK EXCHANGE
1940

1939

j

249,427

221,643

I

Sock Sales

February....

Shares_

/
Stock Sales
Jan. 1 to Feb. 29.

Shares.

1940

1939

461,273

523,372

AGGREGATE

DETROIT
STOCK EXCHANGE

SALES

In

Since

February

Jan. 1

Shares
400

5,665
1,625
3,053
295
323

STOCKS

2,245 Auto City Brewing common.. 1
1
5,482 Baldwin Rubber common
295 Bohn Aluminum & Brass
5

1,408
1,691
2,098
1,850

Bower

Roller Bearing

Briggs Mfg Co common

.1

Burroughs Adding Mach
Burry Biscuit Corp

__*
12%c
*
*

Chamberlin

266

700

12,153
163

"""352
2,158
449

1,325
2,175
1.200
357
680

942 Divco-Twin Truck Co.
Durham Mfg Co common.

1,273
12,315
1,564
1,975
450

806
120

514

1,087
17,702
5,143
8,451
7,875

7,883
3,101

3,287
1,800

7,5&8

"3",350

"~3", 270

"6",830

3,955
7,620
2,812
2,750
5,646
2,382
3,532

200
500

18,109
11,580
3,749
1,976
2,841
22,398

~

3,771
1,720
2,954
1,773
672
1,802
8,967
350

200
42

1,189
3,663

1

*
*

General Finance Corp com
1
General Motors common
10
Goebel Brewing Co common. .1

Graham-Paige Motor com
.1
Grand Valley Brew common.. 1
.*

*

_

Class B

_*

Hudson Motor Car

.*

Hurd Lock & Mfg Co com
Kingston Products Corp
Kinsei Drug Co common

Kresge (S S) Co

1
1
1
10

common

Lakey Fdy & Mach

common.. 1

*
10

_

Micromatic Hone Corp

1

Mid-West Abrasive com
50c
Moore (Tom) Distillery Co... 1
Motor Products
Corp com
Motor Wheel common

*
5

Murray Corp common
10
Muskegon Piston Ring com 2.50

10,362 Tivoli Brewing Co common.. 1
876 Union Investment Co com
*

546

1,687 United Shirt Distributors....*
3,700 United Specialties common...1
200 U S Graphite Co new com.
.5

420
200

""450

100 U S Radiator common....
1
Preferred
215
__5o
Universal Cooler class A
*
Class B.
*
1,450

1,198

1,323 Universal Products common..*

-——

"

...

Foa footnotes see page




61.

23

Sale"
IK

6% Sale
23%

Highest
Sale Prices

1% Feb.
2% Feb.

8
5

Feb.

6

18c

1% Feb.
3% Feb.
20c

Feb.

14
9
23

IK Feb.
2% Feb.

8

Jan.

12

18c

5

6% Feb.
9
24% Feb. 29

6% Jan. 20
24% Feb. 29

32

Feb.

6

32

32

20%
1%

20% Feb.

6

Feb.

5

21% Feb.
8
1% Feb, 20

5

12

Feb.

9

15

1

Feb.

1

87c

20

90c

98c

12

Lowest
Sale Prices

34

20%

Sale

IK
3%
20c

6% Sale
24% Sale

19%

1

Highest
Sale Prices

33
80c

11%

Ask

11

90c

12

Sale

6% Feb. 20
24% Feb. 29

90c

11% Feb.
87c

Feb.

Feb.

6

9%

1 % Jan.
6
9
3% Feb.
3
Jan.
3
Jan.
24% Feb. 29

25c
7
35

Jan.

3

Feb.

6

19% Jan.
11% Jan.

26
18
2

Feb.

15

9% Jan.

3

3
Jan.
Feb. 20
4
Jan.
5
Jan.
3
9% Jan.

82% Feb. 26
15% Jan. 16

88c

Jan.

22%
1%
12%
1%

9%

95c
Sale

"16 %
80c

Sale

123%

Sale

IK

IK

IK
IK
IK
15 K

IK

IK

15%

Sale

87c

Sale

4% Sale

25%
Sale
5%
Sale
29 K
5%
Sale
14
n

2K

Sale
Sale

83%
66c

73c

Sale"

72c

124% 120
1%
1%
1%
IX
1%
1%
90c
1%
15
14%
15%
19
20%
9%
1%
1%

122

5
4%
23
21%
12% Sale
4%
4%
2%
2%
27% 31%
4%
4%
32

33
13

10%
3
2%
52% Sale
2%
.

72c

5K

6K

5%

18K
13 K

15%
14

30

33%

13%
5K

13%
Sale

11

45c

Sale

47c

IK

2

5%

75c

6
6%
18
14%
34%
11%
5%
Sale

1% Sale

82% Feb. 26
1
15% Feb.

82% Feb. 26
15% Feb.
1

82% Feb. 26
15% Jan. 24

75c

87c

75c

4

Feb. 24
Feb. 14

1% Feb. 14

Feb.

1

4% Feb.
1% Feb.

2
14

18%
Sale

"15 K
13 %

"85c"
2

19

75c
Sale
Sale
Sale

14% Feb. 28

15

19

21

14% Sale
4
4%
2%
2%
30
31%
5
4%

70c

7%
15%
13%
12

4?

35

12%

Ǥ*
Sa^
73c

Sale
6%
17%
14

Feb.

Feb.

26

1% Feb.
1% Feb.
1% Feb.

17

Sale"

4%

10%
2%
52%
2%

1% Feb. 29
5
1% Feb.

95c

24

32

18% Feb. 27
18% Feb.
80c
Feb.
Feb. 23
70c
Feb.
119
Feb. 28 123

91c

.....

Sale

"70c"

83%

4% Sale

2

"18%

33

"3K "l~K

5

5

81%

80%

3
19
Sale

8

8% Feb. 23

Feb.
Jan.

13

15%
4%
2%
31%
4%

Feb.

9

Feb.

15

Feb.

7

Feb.

14

32

Feb.
Feb.
Feb.
Feb.

16

1

Feb.

1

54% Feb.
2% Feb.
1% Feb.

65c

Feb.

8

75c Feb.

5% Feb.

9

17% Feb.

7

7
1
2

16

Feb.

6

Feb.
Feb.

26
14

10% Feb.
2% Feb.

16

11% Feb.
5% Feb.

5
3

12% Feb.
6% Feb.

46c

41c

9

47c

1% Feb.

1

Feb.

1% Feb.

53c

40c

45c

42c

45c

35c

Feb.

15

42c

Feb.

24%

25

25

25%
4%
1%

25

26

25% Feb.

14

26

Feb.

4

IK

4K

IK

1%
21

90c
18c

25c
2K

Sale
40c

Sale

2K

4K

7K

IK
25c

11%
15%
6

3%
44%
19%
8%
1%
6%
1%
1%
2%
2%
24%
4%
1%
1%
12

96
23

95c

6K
Sale
Sale
33c

12
16%
Sale

Sale
Sale
20%
Sale
1%
6%
-2
2%

3%
Sale
25
5

1%
13%
100
24

2% Sale
2%
5
4
4

Sale

4%

2%

5%
1%
18%

2%

Jan.

3
30

21

Feb.

19

8
3

3
8
25

32% Jan.

90c

Jan.

22

27

60c

Jan.

6

7

9

Jan.

16

5

6

8

26

Feb.

29

5
15
2

5

33
13%
2%
55%
2%
1%
75c

28

Feb.

4% Jan.

2

5

Feb.

Jan.

2% Jan.

16

7
24

31%
4%
23%
15%
4%

2

15

Feb.
Jan.
Jan.
Jan.

1

9% Feb. 27

2% Jan.
28% Jan.

Jan.

3

Jan.
Jan.

30
24

Jan.

5

Jan.

3

Feb.

2

Jan.

5

Jan.

27

7% Feb. 29

5% Feb.

9

17% Feb.
13% Jan.

7

Jan.
14% Feb.

3

15

11% Feb.
5% Jan.

5
22

13% Jan.
6% Feb.

3
17

Feb.

9

Jan.

10

Feb.

15

41c
1 %

35c

24% Jan.

15

Jan.

13

4

1% Feb. 20

2%
7

81c

40c

11%
16%
6%

3%
43%
21
22%
9% Sale

4%
9%

4*0*

m

.....

Sale
Sale

43c
Sale

17%
IK Sale

3% Sale
43
43%
20
20%
9
1

a

8% Sale
1%
2
1% Sale
2%
3
2
2%
24% Sale
4% Sale
1
1%
1%
1%
13%
15
99
100%
21%
21%
2% Sale
2%
3%
3%
4%
4%

aV/s

Sale
87c
Sale

8%
1%
1%
2%

10

1%
9%
1%
1 %
3
2

22

4%

23%
5%

\K
1% Sale
13

14
99

22%
22%
2% Sale
3% Sale
3%
4
5

Sale

8

74c

Feb.
4% Feb.
8
Feb.
i% Feb.

38c

Feb.

7
29

23
16
14
2
2

10% Feb, 29
5
16% Feb.
3
6% Feb.

3% Feb.
43

Feb.

5
2

20% Feb. 23
9

Feb.

1%
8%
1%
1%
2%
1%

Feb.
9
Feb.
1
Feb. 23
Feb.
9
Feb. 23
Feb. 27

23

7

Feb.

21

4% Feb.
1 % Feb.
1% Feb.

1

2% Jan.

9

40c

Feb.

Feb.
Feb.

17
2
7
29
27
29

30c

22c

13
10

?*

Feb.
Feb.
4% Feb.
9% Feb.
Feb.

80c

41c

Feb.

3%
43%
20%
10%
1%
9%
1%
1%
3

2%
24%
5%
1%
1%

17
8

18

8

Jan.

9

1% Jan.

10

52c

4% Jan.
1 % Jan.

5
24
8
4

1% Jan.

11

50c
26

y

Feb.
9
Feb.
1
Feb.
3
Feb. 27
Feb.
8

5
1%
18

3%
17

16

40c
25c

7

Feb

29

r

74c

Feb

23

83c

4

Jan.

26

Jan.

2

26c

Jan.

2

Jan.

4

10% Feb. 29
16% Jan. 17
5% Jan. 15
3% Jan.

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

19c

29

11% Feb. 13
18% Feb. 27
8% Feb. 16

2

13

90c

Feb.
2X Feb.
Feb.

30c
19c

Jan.
Feb.
Jan.

26

Feb.

40c

Sale

8

3%

3%
IK

11

Jan.

13

43

Feb.

20%
8%
1%
6%
1%
1%
2%
1%

Feb.
Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Feb.

15
2

Feb.
Jan.

17
2

Jan.

18

Feb.

29

Jan.

3

4% Feb. 29

?8
43c

Feb.
Feb.
Jan.

11% Jan.

Ws

29
17
27

Feb.

25
27

Feb.

16

Feb.

15

Jan.

8

23
8

Jan.

31

Feb.

19

23

Jan.

15
8

Jan.

3
2
19

Feb.

5

Jan.

Jan. 25
Feb. 27

Jan.

3
15

Jan.

3

23

Feb.

21

Jan.

4

Jan.
Jan.
Jan.
Jan.

26

Feb.

29
24

Feb.

3
27

9

Feb.

13

Jan.
Jan.

26

Jan.

17

14

Feb.

Feb.

4%
1%
1%
13%

99

Feb.

Feb.

99

Feb.

21

Feb.

8

12

Jan.

3

Feb.

2% Jan.

2

Jan.

Feb.

16

Feb.

3

Jan.

13

Feb.

3% Feb.
4% Feb.
7% Feb.

5
6
19

Feb.

3% Jan.

17

Jan.

Feb.

4

Jan.

10

Feb.

Feb.

7% Feb. 19
2% Jan. 30

Feb.

27
26
5
8
19

Jan.

30

Jan.

19

Jan.

24

1% Jan.

12

16% Jan.

10

1% Jan.
18% Feb.

3
10

22% Feb.
2% Feb. 21
3

10

2%

3

Jan.

26
28

Jan.
4% Jan.

Feb

1

19c

99c

3%
5
8% Sale
1%
1%

8

4% Feb.
1% Feb.

15

20c

40c
Sale

1%

9

1% Feb. 20
Feb,

23c
21c

10%
16%
5%

Feb.

90c

98c

38c

4

Sale

Sale

76c

4%
1%

Jan.

30% Jan. 20
4% Feb. 17
20% Jan. 15
12

15
3

Jan.

10%
2%
51%
2%

17
17

Jan.

1%
1%
1%
15%

14

10
8

85c

29
22

Feb.

7
8

18% Jan. 29
18% Feb. 29

.....

92c

8
83c

4%

23

2

28 125

32

7% Feb. 29
17% Feb.
14% Feb.

12%
6%

1% Sale

Feb.

8

Feb.

7

1% Jan.

19

32

Feb.

14% Feb.

23

28

Feb.
Feb.

1% Feb.

3

31% Feb. 28
8
4% Feb.

2

70c
119

91c

17

6

8

5
5
2

19
1

2

Jan.

19

28

Feb.

7

5

4% Feb.

27

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

14

10

Jan.

3% Jan. 23
1 % Feb. 14
18% Jan. 29
2
16% Jan.

Feb.
Feb.

31%
4%
22%
12%
4%
2%
30%
4%
10%
2%
52%
2%

29

24

Feb.

9 K Feb.

50c

.

■

Sale

*
_

\* 4,566
3,016 Stearns (Frederick) common..*
5% cum part pref.
129
100
4,926 Timken Axle common
..10

2,600

IK
3%
18c

2

3

1,724 River Raisin Paper com
♦
3,250 Scotten Dillon common.
Z10
10,967 Sheller Mfg Co common
..1
475 Simplicity Pattern common..1
Standard Tube Co class B.. .1

874

3%

Gar W ood Industries com

1,312 Prudential Investing Corp
1
4,805 Reo Motor common
..5
1,117 Rickei (H W) & Co common. .2

490

90c

4%
2K
27 K
4K
32 K
10%
2%
54%
2K

_

558

IK
3%
20c

5
90 K

*

16", 430

3,840

2

18c

14

1

Packard Motor Co com
♦
*
7,658 Parke Davis & Co.
3,503 Parker Rust-Proof com.".".". 2_.50
*
6,073 Parker Wolverine Co com
1
2,745 Peninsular Metal Products
*
7,789 Pfeiffer Brewing Co com

9,72§

4

IK

Lowest
Sale Prices

Feb. 29

Ask Bid

27c

9

Frankenmuth Brewing com
Fruehauf Trailer Co com

2,402 Michigan Sugar common.
Preferred
478

1,350
378
8,837
7,750
1,700
1,046
1,569
18,732

UK
IK
9K

12 K

LaSalle Wines & Champagne.2
Mahon (R C) class A pref.
.*
Masco Screw Products
1
.*
1,833 McAleer Mfg Co common
12,402 McClanahan Oil Co common. 1
1,100 Michigan Silica Co common.. 1
500 Mich Steel Tube Prod....2.50

1,833
6,650

21%

*

Hoover Steel Ball common. 10
1,772 Hoskins Mfg Co common..2.50

1,660
2,885
4,000
1,830
1,300
2,112
1,502
1,025

2

1

Bid

23

Federal Mogul commonFederal Motor Truck com

Houdaille-Hershey class A

2,451

5

8,304 Hall Lamp Co. common
Home Dairy class A

510

6%

3

""§27

"

IK
2
25c

Feb.

Ask

4

660 Gemmer Mfg Co class A
Class B
598

400

"'"668

1

Eaton Mfg Co common
891 Eureka Vacuum Cleaner
2,718 Ex-Cell-O Con>

16,213
2,169
4,979
1,719
2,261

Bid

1

"2",360

515

1

Metal Weather

Strip Co common
5
1,844 Chrysler Corp common
5
753 Consolidated Paper com
10
1
2,804 Consumers Steel Products
20,722 Continental Motors common. 1
273 Crowley, Milner & Co com
*
100 Cunningham Drug Stores.2,50
452 Deisel Wemmer Gilbert com.10
.10
5,354 Detroit & Cleve Nav com
943 Detroit Edison common
100
2,105 Detroit Gray Iron Fdy.
1
4,275 Detroit Mien Stove common-.1
2,190 Detroit Paper Products
1
574 Detroit Steel Corp common
5
*
680 Detroit Steel Products

622

"""395

5
*

Brown-McLaren Mfg Co

100 Capital City Products
Casco Products Corp

1,844

1940

Par
Shares
860 Allen Elec & Equipment
1
5,665 Atlas Drop Forge common
5

1,040
3,769
2,191
4,634
3,330

RANGE SINCE JAN.

PRICES IN FEBRUARY
Price
Jan. 2

5
18

1% Feb.
17% Feb.

2
9

1% Feb.
18% Feb.

2
10

61

STOCK EXCHANGE

DETROIT

March, 1940]
AGGREGATE

Since

February

Jan. 1

Shares
420

1,095
8,070
14,770
1,950
350
11

UNLISTED DEPT.—
——*
2,424 American Radiator
542 Amer Tel & Tel Co
100
788 Borden Company
15

375

546 Borg Warner Corp common--5
2,081 Commonw & Southern Corp__*
700 Consolidated Oil Co
*
248 Dow Chemical Co com---—*
1,187 General Foods Corp
1,485
upp Motor Car Corp
1
552 Ihternat Industries com——1

300
17

423

1,085
1304
358
320
755

Bid

23#
3

1#
1

9c

1#

Sale

AX
12c

6#
7#
78# 104
11
11#

Ask

Ax

16c

30c

Sale
Sale

9# Sale

170# Sale
23

Sale

1

Sale

10

.1
*
1,623 Kroger Grocery & Baking Co.*
6,120 Nash-Kelvinator Corp..
...5
2,049 National Dairy Products——*
*
7,967 New York Central RE..
162 Purity Bakeries Corp
*

1

Sale

1# Sale

205
708

883 Socony-Vacuum Corp——15
*
6,037 Standard Brands Inc.—.

885

3,712

No par value,

Deferred delivery sales,

a

Sale

16# Sale"
16# Sale

16" Sale

Sale
5# Sal©

124

11# Sale

20c

10

Feb.

Feb.

5

x

Feb.

8

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

21

47

Feb.

172#
23#
23#
1#
7#
156#
48#

87c

Feb.

1

Feb.

1

1#
2#
34#
28#

Feb.
Feb.
Feb.
Feb.

1# Feb.
2# Feb.

6

Feb.

16#
15#
14#
11#

21
9
16
21
15
15
1

38# Feb. 21
30

Feb. 26

7# Feb. 16

6# Feb.

17

Feb.
Feb.
Feb.
Feb.

Feb.

13

8
17# Feb.
14# Feb. 15

Feb.

9

7# Feb.

5

12

6# Feb.

Sold for cash,

r

30

28# Sale
6# Sale

Sale

6% Sale
16# Sale
18# Sale

9

1

Sale'

150#

29

15c

7# Feb.
150# Feb.

Sale"
Sale

1

Feb. 15
Feb. 23

1

Feb. 10
3# Feb.
7
1# Feb. 20
1# Feb. 28

27

3# Feb.
7
1# Feb. 13

170# Feb.
22# Feb.
22# Feb.

7*4 Sale
48#

Lowest
Sale Prices

5*4
54
5#
6# Feb. 24
84
6# Feb.
6
104
Sale
Feb. 29
104
Feb. 29 104
784 104
10#
10#
10#
11#

10# Sale

171# Sale

Highest
Sale Prices

26# Feb.

"3#

1# Sale

1*4

AX
17c

Lowest
Sale Prices

Feb. 29

Ask Bid
27
26
3#
3

Ask Bid
24
27
3
4

443 Jacobs (F L) Co com.509 Kennecott Copper Corp

2,125

*

Feb. 1

1940
Par

....

295
508

♦

STOCKS

—*
Class B-...............—*
1,215
21,004 Warner Aircraft Corp "corn— 1
15,270 Wayne Screw Prod common—4
4,850 Wolverine Brewing Co com—1
930 Wolverine Tube Co com
-2
11
Preferred.
—100
449 Young (L A) Spring & Wire—♦

276

1

Price
Jan. 2

Shares
420 Walker & Co class A

1,130

RANGE SINCE JAN.

PRICES IN FEBRLARY

DETROIT
STOCK EXCHANGE

SALES
In

Highest

26# Feb.
9
3# Jan. 22

1# Jan.

2

1

Feb.

15

10c

Jan.

5

6# Jan.

31

Sale Prices
27
Feb. 10

3# Feb.
7
1# Jan.
8
1# Jan. 11
Feb.

5

6# Jan.

19

20c

Feb. 29 104
12
Jan. 19

104
11

9

4
10# Jan.
5
172# Jan.
23# Feb. 21

Feb.

167# Jan.
21# Jan.
22# Feb.
1

Jan.

7#
145#
45#
87c
1#
2#
34#
28#
6#
16#
15#
14#
11#
5#

Jan.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.
Feb.
Feb.
Jan.

Feb. 29
Jan.
4

3
3
4
15
2

Jan.

2P
8

Jan.
Jan.

156# Feb.
48# Jan.

Jan.
2
1# Jan. 11
6
2# Jan.
4
38# Jan.
Feb. 26
30
7# Feb. 16

17#
18#
15#
12#
7#

Jan.

5

Jan-

3
17
2
19

Jan.
Jan.
Jan.

Ex-dividend.

RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE
Stock Sales

February...

Shares_

Jan. 1 to Feb. 29--———
AGGREGATE
SALES

February
%

$

29.500

Shares

976
1.921
245
60
647
605

2,467
125
256

2,428
2,956
200
95

3,914
240

1,589
8,146
6,756
101
200
264

2.090
20
340
567

925

1939

227,676
471,869

181,656
413,648

PHILADELPHIA
STOCK EXCHANGE

Since
Jan. 1

In

1940

120
500
381
993

1,682
2,762
811

43,341
583
194
200
*

PRICES IN FEBRLARY

BONDS

1940

181,500 Elec & Peoples tr ctfs 4s.-1945

STOCKS

Shares

1939

$70,000
134,000

RANGE SINCE JAN.

1

11#

Feb.
Ask

Sale

*
—.100
4,642 American Tel & Tel
245 Bankers Sec Corp pref
50
145 Barber Asphalt Corp
10
1,350 Bell Tel Co of Pa pref-100
1,165 Budd (E G) Mfg Co—
»
*
3,114 Budd Wheel Co
458 Chrysler Corp.
.—...5
401 Curtis Pub Co common...
*
4,459 Electric Storage Battery
*
...—.10
5,550 General Motors

12#
171
14
14

122#
54
5#
90#
4

28#
54#

12#
Sale
16

14#
Sale
5#
Sale

Sale

Pennroad Corp vtc
16,044 Pennsylvania EE
166 Pennsylvania Salt Mfg

23,761

...

1

..60
..60

200 Penn Traffic common

2

23#
"

*

.2#

144 Phila Insulated Wire

*

Sale

19

2# Sale
11#

Sale

11#
8

Sale

«Sg

120

34#
2#
1 #
8#
2

Sale

15

Feb.

Lowest

Highest

1

Sale Prices
14
Feb. 10

Highest

Sale Prices

11# Jan.

13# Feb.
123# Feb. 17 124# Feb.
5
Feb.
5
5# Feb.
Sale
5
5
Feb.
6# Feb.
3
83# 80# Feb.
86# Feb.
1
4# Feb.
3# Feb.
Sale
29
Feb. 10 31# Feb.
Sale
5 54
Feb.
52# Feb.

Sale

81

1251

120# 123
34
Sale
351
Sale
2# Sale
3#
3h
#
Sale
7#
7h

2

Sale Prices
14
Feb. 10

175

171

16

19

16

46

47 J

48

1

Sale

3#
4
2# Sale
40

Sale

14# Sale

.15# 116#

21

Feb.
Feb.

1
5

2# Feb. 10
23# Feb. 21

Sale

Sale
1

Sale
Sale
Sale
Sale

Sale
11

13# Feb. 20
15 175# Jan.
8
15
Feb. 21

15# Feb. 17
125# Jan. 31
6
Jan. 10
18
Feb. 17
~

Jan.

4]

Jan.

Jan.

4
3

Feb. 27

55# Jan.

4

119
34

Jan.
125# Jan. 10
Feb. 27 35# Jan. 30
2
Jan. 29
2# Jan.
6
3# Jan. 22
3# Feb.
8
7*4 Feb. 27
8*4 Jan.
3

1# Jan.
21

66#
2#
117#
30#
15#
2#
4#
11#

13
2# Jan.
4
Jan. 15 24# Jan.
4
Jan. 13 175# Feb.
8
Feb. 17
2# Feb. 17
Feb. 19
Jan. 10
3 31
Jan.
Jan. 20
Jan. 23 16
Jan. 23
Jan. 30
Jan.
21
2
Jan. 17
Jan.
4
5]
3
Jan.
14# Feb.
6

14# Feb.

6

Jan.

24

46# Feb. 29

47# Feb.

1

46# Jan.

27

47# Feb. 24
# Feb. 14
# Feb. 29
1
Feb.
1
4# Feb.
3
2# Feb. 10
41# Feb. 13
1
14# Feb.
Feb. 29 117# Feb. 24
Feb. 26 10# Feb. 28
Feb. 10
10# Feb. 10

41# Jan.
#s Jan.

2

7

Feb.
6
Feb. 14
Feb. 27
Feb. 21
Feb.
3
Feb. 28
Feb.
1
Feb. 29

90!
31:

1

6 *A

%
1

17
15
28
27

8
Feb. 20 175# Feb.
Feb. 17
2# Feb. 17
Feb. 19 119# Feb. 26
5
Feb.
31# Feb. 13
16
Feb. 14 16
Feb. 14
5
2# Feb.
1
2# Feb.
1
5
44 Feb.
Feb.
1

13# Feb.
6#

41

3#

17#

2# Sale
4# Sale
13# Sale

1

6 125# Feb.
Feb.
5
Feb. 27 35
Feb. 19
2
Feb.
1
2# Feb. 10
3# Feb.
2
8
3# Feb.
1
74 Feb. 27
8# Feb.

Feb.
Jan.

Feb.
Feb.
Jan.
Feb.
Jan.
Feb.
Feb.
Jan.

7

120
34

2
Sale
1#
21#
22# Sale
170
175
2#
2#
2#
2#
2#
118
Sale
117# 118# 117#
31
30# 31
31# Sale

Sale

21# Sale

172

Sale

3
13# Feb. 20
6 172# Feb. 29
8
15
Feb. 21
5
15# Feb. 17

5#

46#

1#
1#
Sale

13# Feb .

Sale

48# Sale
41#

11# Feb.
170# Feb.

14#

Sale
Sale

6#
7#
47# Sale

—..... .

—

Sale

2#

5

14*$

12ll

Sale

30#

7

3,465 Scott Paper—...
Tacony-Palmyra BridgeClass A participating—
202
*
1,175 Tonopah Mining—.......
1
381 Transit Invest Corp
...25
Preferred
.25
2,263
4,057 Union Traction...—.——..50
9,067 United Corp common—
..*
Preferred
*
1,340
89,950 United Gas Impt common....*
Preferred —._—————*
1,369
371 Westmoreland, Inc....—....*




Lowest

Sale Prices
13

12# Sale
170# Sale
13
13H

29
Sale

119

*

rjo
2,200 Phila Rapid Transit
—
..50
2,275
7% preferred
2,212 Philadelphia Traction- ..50

Ex-dividend.

Ask

Sale

Sale

169

640 Phila Elec of Pa $5 pref—
..25
6,609 Phila Elec Powerpref

z

Ask Bid

Sale

Sale
(Phila) com..* 119
Horn & Hardart (N Y) com—*
34
34#
2#
Lehigh Coal & Navigation...*
2#
3%
Lehigh Valley
3#
50
3,544 National Power & Light
84
8#

Coal

13

Feb. 29

1

Sale

Horn & Hardart

212 Westmoreland

Bid

par

3,548 American Stores—

No par value.

Jan. 1 to Feb. 29

1940

$29,500
181,500

Price

141 Salt Dome Oil Corp..—..

799

—

Jan. 2

Bid

338
565
4.722
412

Bond Sales

February

4

"

Feb. 27
Feb. 21
Jan.
2
Jan. 31
Jan. 20
Feb. 29

7# Jan.
48# Jan.

47# Feb. 24
# Feb. 14
1

Feb. 29
Jan. 10
3
Jan.
6
Feb. 13
Jan.
6
Feb. 24
Jan.
6
Feb. 10

4# Feb*
2*4
41 *4

15#

Feb. 29 117#

9# Feb. 26
9# Jan. 15

15
4

11#
10#

San Francisco Stock Exch.
MONTHLY AND YEARLY RECORD

EXCHANGE

RANGE OF PRICES ON THE SAN FRANCISCO STOCK
1940

Stock Sales

February

February

Shares-

496,498

464,353

—

896,813

1,091,338

Jan. 1 to Feb. 29

-

Jan. 1 to Feb. 29-

.

BONDS

.

1940

$
5,000 Atlas Diesel Eng Co 6%--1945
Commonwealth Edison Co—

1,000

17,000

18,000

18,000 Market Street Ry Co 7 %

3 3*%

120

1,702
3,060
2,549
90

_ _

10

Angio-Amer Mining Corp Ltd—
Common
-1
2,199
7,992 Anglo-Calif Nat'l Bank
20
4,305 Assoc Ins Fund Inc com cap. 10
3,518 Atlas Imp Diesel Eng Co
5
125 Bank of Calif Nat Assn

cap--80

20

120

190 Calif Cotton Mills capital--100

550
420

1,952
3,008
47
50

1,200
2,023
33,255
664

2,055
157

3,195
2,021
2,019
2,797

8,080 Calif-Engels Mining Co
25c
7,512 California Packing capital
*
515
Preferred
50

"'"158
30
25

1,595
194

3,992
920
245

""345
1,085
765
575
142
60

465

3,723
2,450
326
355

13,242
257

1,459

1,936
3,300
205

Clorox Chemical cap
10
247 Coast Cos G & E 6% 1st pf-100
25
4,966 Commonwealth Edison
Consol Chemical Industries
Inc class A partic pref
3,644
*

2,253 Consol Coppermines Corp cap 5
3,197 Creameries of Am Inc com—1
Crocker First National Bank

—

-

895 Doernbecker

—*

Mfg Co

2.405 El Dorado Oil Works cap
214 Electrical Products

Corp

*

-4

3,992 Emporium Capwell capital—*
Preferred w w
--50
1,803
1,161 Emsco Derrick & Eq Co cap—5
20
*54 Ewa Plantation
457 Fireman's Fund Indem

cap--10

2,117 Fireman's Fund Insur cap—25
1,349 Food Machinery Corp com-.10
575 Foster & Kleiser common—2 3*
287

Class A preferred
—25
Galland Mercantile Laundry

(capital)
*
General Metals Corp—
Common capital
900
-—-23*
10
8,010 General Motors
3,346 General Paint Corp common-*
305

common

Preferred
^
935
755 Gladding McBean Co com---*
30,680 Golden State Ltd capital—.-*

924 Greyhound Corp common
*
1,787 Hale Bros Stores Inc capital--*

*

Oil

3,564 Hawaiian Pineapple Co
*
3,500 Holly Develop Co common—-1
Home Fire & Marine Insur
292

Co of Calif

40

2,429

144 Honolulu Plantation capital-20
*
447 Hudson Motor Oar com..
3,289 Hunt Bros Packing common-10

5,024

6,214

1,185
60

.

1,052
655

—

20

20
20
675

291

4,200
No par

—




Feb.

Jan.

16 101

Feb.

5 1293* Feb.
Feb.
27 68

ex

7

ex

ex

Feb.

27 101

Feb.

50

Sale

643* Feb.

27
q

2

Jan.

10

1.60 Feb.

24

153* Jan.

Feb.
Feb.
Feb.
Feb.
Feb.

21

37
13
23c

27c

33*
89 X
48

1063*
32 X
24 X

7X

17
90

60c
1.95
9

34c

26c

32c

64

49

50

X

Sale

91
52

Sale"
Sale
8X

320

173*
Sale

70c

2.50
11

53*

9X
Sale

40 H
11

Sale

303*

33

95

53 X

54

"§23*

32

233*
7X
5X
280

41X

363*
Sale

50c
2.10

80c

§3*
o

i?A
41X

95

20

20

223*

20

83*
553*

52 3*

6

5X
93*
17

13

363*
19

75c

Sale
173*
143*
38
Sale

85c

ex

ex
31

53*
93*
163*
13 3*
36

153* Feb.
883* Feb.

41
Sale
33

1.90
Sale

203*

21X

7X
53

ex

7x

52 x

53
ex

7

313*
53*
Sale
16 X
14
373*
20X

e%
33

14

23

Jan.

51

Jan.

5
2

1

14

24

Feb.
Feb.
Feb.

24

20

36

5X
11

5X
Sale

16

Sale

36X

27

51

Jan.

57

15

106

Jan.

109

9

313* Jan.

:

323* Feb.

233* Jan.

I

243* Jan. 11
9 3* Feb. 21
5 3* Feb. 28

8X
15

8

d*

41X

43

33

32 X

29X
4X

34X
7X
30X
5X

25c

50c

60c

Sale

7X
Sale
Sale

55c
Sale
9

108

15X

12

Sale

2.50

Sale

73*

9X Sale
106

Sale

15H

1.95 Sale
20c

7%
9X
3X

7X
9X
4

16

Sale

12

IM

Sale

8X
Sale

25

27

24

4
28

30
11

23
10

26

23

26

26
20c

24

25

11
26
25c

15c

33*

10X
26

Sale

M

23c

93* Jan.

103* Feb.

16

17 3* Feb.
Jan.
40

Feb.

23

Feb.

29

Jan.
Jan.

12

Feb.

27

Feb.

15

Feb.

16

Feb.

2

Jan.

18

Feb.

20X Feb.

6

22

Feb. 23

20

Jan.

63* Feb. 13
523* Feb. 20

55

i

Feb.

1

Feb.

23

63* Feb.

4

Jan.

13

9

52

Jan.

Jan.

3

6

Feb.

6

Feb.

3

6

14

63* Jan.
303* Jan.
53* Jan.

:

Jan.

3

1

11

Feb.

29

Feb.

29

Jan.

15

JFeb.

8

163* Jan.
133* Jan.

:

6

24
8

37

Jan.

I

313* Feb.
5 3* Feb.
93* Feb.

2

143* Feb.

113* Feb. 20
63* Feb. 19

73* Feb. 21

3

8

19

Jan.

8

70c

Feb.

'

44

Feb.

19

413* Jan.

:

16

163* Feb. 23
113* Feb. 20

83* Feb.

Feb.

7

19

Feb.

27

19

Feb.

28

40

Jan.

43

Jan.

Feb.

9

323* Feb.
63* Jan.

Jan.

3

Feb.

10

29

Feb.

9

20

30c

60c

Feb.
Feb.

1

70c

5

Feb.
Feb.

20
15

93* Feb. 29
Feb.

29

153* Feb.
123* Feb.

19

Feb. 29 106

27

2.60 Feb.
33c

Feb.

7
2
6

83* Feb. 23

;

Jan.

20
20

50c

Jan.
Jan.

Jan.

15
19

Feb.

29

9

1023* Jan

Feb.
:

.

:

Jan.

113* Jan.

Feb.

4
19

1.75 Jan.
15c
Feb. :

Jan.

27

15

Jan.

73* Jan.
93* Jan.
3 3* Jan.

Feb.

25

Feb.

27
8

25

Jan.

25

Jan.

23

103* Feb. :

Feb.

1

10

Feb.

3

15c

30

Feb.

Feb.

253* Feb.
103* Feb.

8

Jan.
Jan.

Feb.:

43* Feb.

10

27

Feb.

30c

73* Feb. 20
93* Feb. 14

8
253* Feb.
103* Feb. 23
253* Feb. 15

8

Feb.

7

Feb.

1

Feb.

2

30c

5

Feb.

:

8

73* Feb. 10
9
323* Feb.
43* Feb. 20

26

:

Feb.

Feb.

40
34

Feb.

13

Jan.

2.00 Jan.

433* Feb.

8

1.85 Feb.
15c
Feb.

3

Feb.

153* Jan.
73* Feb.

2

1

19
6
19

8

28

Feb.

Feb.

55c

7

5
8

Jan.

19

Feb.

Feb.

Jan.

13
8

33* Feb.
83* Feb.
163* Feb.

4

Jan.

:

19

1.15 Feb.

Jan.

113* Feb. :
53* Jan.

63* Feb.

7

73* Feb. 20

Feb.

Feb.

3

433* Feb.
323* Feb.
73* Feb.

Jan.

76c

Feb.

7

9

203* Feb.

2.05 Feb.
8
Feb.

25

2

Feb.

2

153* Feb.

:

73* Feb.
313* Feb.
53* Feb.

Feb.

12

10

103* Feb. :

1

9

:

31

183* Feb.

106

26

103* Feb.

17

43* Feb.

12

Jan.

83* Jan.

Feb.

30

Jan.

Feb.

1.75 Feb.

40

3

Jan.

2

16

24

8

16

75c

:

4

15

1.10

40

12

1.75 Feb.

13
27

8X

Jan.

2

Feb.

40

2.25 Feb.

1.75 Feb.

Feb.

44

ll

27

16

3X Sale
9X
iex
15X

Jan.

Feb.

43

1.00

Jan.

Feb.

16

9X
iex

8

70c

97

46

2.10

Jan.

333* Feb.

153*
10X
5X

75c

Jan.
Jan.

44

41

52c

Jan.

Jan.

15

5

17X

6

9

883* Feb.

290

5

44

133*

Feb.

53* Feb. :

393* Feb.
943* Feb.
323* Feb.

16 3*

60c

Feb.

913* Feb.

8

363* Jan.
933* Jan,
32 3* Jan.

41

5X

8

Feb. 27
Feb. 15

23

21

5

11

9

19

Feb.

Feb.

9

55

33* Jan.
843* Feb.

8
9
20
8

Feb.

2
Feb.
Feb. 16
Feb. 23
Feb. 29
Feb. 15

28

10X
5X

Jan.
43* Feb.
843* Feb.

Feb.

383*
Sale

20

32c

:

Feb.

iex

15

!

Feb.

Feb.

83*
103*
193*
443*
103*

Feb. 16
7
Feb.
Feb. 16
Feb. 23

Jan.

Jan.

49

8

9

Feb.

26c

15

19

10

8

263* Feb.
523* Jan.
L05

!

Feb.
Feb.

93* Feb. 21
53* Feb. 28

17

1023* Jan.

Feb.

15

Feb.

105

11c

16

Feb.

Feb.

25c

241

Feb.

25c

70c

30X
4X

10

13

Jan.

20

3iS

26

Feb.

20c

75c

8

Sale
43*
283*
31

13

14
8

70c

X

383*
43 X

8%

16

Feb.

78c

19

■a

a

5

Feb.

93* Feb.

7

5

Feb.

75c

1.75
To

83*
9X
3 3*

22

Feb.

13

13

18

37

25c

2.25 Feb.

103*
173*
413*
103*

18
Sale

3

19

37

13

Feb.

3

Jan.

203* Jan.

18

Feb.

13
28

2.25 Feb.

8

103*

10X

17 X

34

Feb.

19 3* Jan
37
Feb.

L25

16

53* Feb. 21

9

32

1.75
18 X

303*

8

16

6

6

10

2.00

7

233*
9 y8
53*

130M

313*
373*
32 X

73*

233* Feb.

Sale

903*

343*

6

5

3

320

153*

33 X
1.50

543*

233*
8X
53*

90

83*

8>i

35

803*

33*
81X

19

24X Feb.
263*
51X Feb. 21
523*
1 105
1033* Feb.
7
27c
Feb.
28c
49
Feb. 23
513*
7
33* Feb.
43*
8
84J* Feb.
843*
5
57
53X Feb.
1073* Feb. 19 109
32
Feb. 29 323*

107

4

18

33*

11
15
9

1.50 Jan.

15
25

73* Jan.
43* Feb.
73* Feb.

133* Feb.

W50

Sale

Jan.

5 3* Jan.
122
Feb.

19

16

Sale

27

24

20

52

63* Jan.
4

2

Jan-

1.60 Feb.

163*

24

5

63* Feb.
19c

143* Feb.
163* Feb.
203* Feb.

26c

1033*

Feb.

2

Jan.

1

12 X

513*

7

63* Feb.
14c

7

21c

Sale

26

1.50 Feb.

16

103

2

Feb.

133* Feb.

20c

23 X
50 X

63* Feb.
14c

1
Feb.
43* Feb. 15
9
OX Feb. 26
73* Feb.
8 125
122
Feb.
Feb. 23

7

124
1.50 Sale

35

26

4

Sale

ie%
193*

2

Feb.

OX Feb. 27

ex
4

ex Feb.
14c

21c

15c

12X

*

Class B

3,938 Magna vox Co Ltd capital--2 3*
1.630 Magnini& Co (I) common*
Preferred
100
*85
2,748 Marchant Cal Mach Co com--5
10
2,092 Meier A: Frank Co—
45,752 Menasco Mfg Oe common—— 1
85,351 Menasco Mfg Co rights
4,316 Nat Auto Fibres Inc com stk—1
♦
4,970 N atom as Co capital
170 North Am Inv Corp com— -100
6% preferred—
—100
200
5X% preferred
-100
► 96
1.810 North Amer OU Consol cap—10
425 Occidental Insurance capital-10
1
4,300 OccldentaBPetrol Corp com

value.

Highest
Sale Prices

100

101

101

18c

—

446

1,042
1,000
29,374
85,351
2,561
1,905

35

Sale

-——-—*
———50

446

2,798
1,055

17
20

Leslie Salt Co capital
---10
LeTourneau Inc common
1

331

4,296

•

Preferred

Lowest
Sale Prices

128

14

cap.-15
Langendorf United Bak cl A—*
Class B

Highest

27

101

119

2.00

-10

Preferred

Libby McNeill & Libby com-7
Lockheed Aircr Corp com— 1
556 Lyons-Magnus Inc A
*

870

1.50

190 Hutchinson Sug Plant

2,027
2,163
197
2,293
1,728
1,418
10,646

Sale Prices

Feb.
5 1293* Feb.
9
1273* 1283* 1263* 1273* 128
Feb. 27
68
Sale
643* Feb. 27 68
573*
623*

ex

-10

capital--

1,975 Honolulu Oil Corp Ltd cap—*

190
527

Sale

ux

100 280

San Francisco cap

21,145 Crown Zellerb Corp com
5
Preferred
2,059
200 Cypress Abbey Co common—2
1,113 Di Giorgio Fruit Corp com--10
Preferred
----100
278

ex
50c

7
ex
121 x 126

54

1,095
275

4

Caterpillar Tractor capital—*
Central Eureka Mg Co com
1
Chrysler Corp common-5

2,886
42,085
1,231
3,293

Ask

Sale Prices

Lowest

Feb. 29

1

Ask Bid

Bid

96

ex Sale

102

417 Hancock

"

63*
10c

188 California Water Serv pref_100
2,615 Carson Hill Gold Mg capital--1

35

9,768
1.067

1

Par

482 Alaska Juneau Gold M cap__

13,250 Bishop Oil Co cap
—.2
4,914 Byron Jackson com cap
*
1,400 Calamba Sugar Estate com—20
Preferred
--20
710
20 Calaveras Cem Co 7% preflOO

12,810
2,064

100

1940

STOCKS

Shares

98

Feb.
Ask

Bid

1958

17,000

Shares
360

13,000

Jan. 2

Jan. 1

9

40,000

Price

STOCK EXCHANGE
Since

February

$12,000

RANGE SINCE JAN.

PRICES IN FEBRLARY

FRANCISCO

SAN

SALES

$36,000

-

AOGREOATE

1 In

1939

1940

Bond Sales—

1939

.

Feb.

6

Feb.

23

Jan.

23

Jan.

3

Jan.
:

Jan

9

Jan.

3
19

26

Feb.

19

25

Jan.

Feb.

19

28c

Feb.

19

10c

Jan.

Feb.

19

March, 1940]

SAN FRANCISCO

STOCK EXCHANGE

63

AGGREGATE
SALES

SAN FRANCISCO
STOCK EXCHANGE

In

Since

February

Jan. 1

Shares

Shares

PRICES IN FEBRUARY

RANGE SINCE JAN.

Prices

STOCKS

Feb. 1

1940
Par

Bid

*
*

21

*

4

Ask

Bid

Feb. 29

Ask Bid

Ask

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

O'Connor Moffatt & Co—

30

80
Class AA common
739 Oliver United Filters Inc A
Class B
1,672

469
952
930

1,266
100

100 Pacific Clay Prod capital
_*
5,949 Pac Coast Aggregates com—5

3,523
6,107
8,443
2,231
3,331

t

...

930 Paauhau Sug Plant Co cap.. 15
410 Pacific-Amer Fisheries Inc—5
*
1,841 Pacific Can Co__

50

16,442 Pacific Gas & Elec Co com
16,274
6% 1st preferred
4,968
5% % 1st preferred
8,167 Pacific Lighting Corp com
406
$5 dividend pref
2,788 Pac Pub Serv com
First preferred..
3,974

244

1,591
1,582
217

310
155

1,949 Paraffine Cos, Inc, com
258
4% cum conv pref

248

478

"253

409
597

102

5,957

9,638
2,904

585

188

377

2,524

5,897
5,118
2,823

1.630
963

18

25
25

*
*
*

*

*
100

Philippine Long Distance
Tei Co capital
100
Phillips Petroleum Co cap
•*
Plg'n Whistle Corp partlc pf.*
Puget Sound Pulp & Tim
*
Ry Eq & Realty Co Ltd com..*
6% preferred
..100
Rayonfer Inc common
1
Cumulative preferred
25
Republic Petroleum Corp
1
Preferred

.........50

6,434 Rheem Mfg Co
1
*
6,160 Richfield Oil Co common..
Com stock purch warrants.
150

2,327
2,943

_

888 Roos Bros Inc

1

common

Series A preferred

170
100
9,053 Ryan Aeronaut Co com cap._l
1,464 Safeway Stores Inc common..*
381 Schlesinger (B F) com..-----*
Preferred
25
1,104

4,741
553

347
704

891 Shell Union Oil Corp com

475

*

5 % % cum conv pref
10
iOO
1,528 Signal Oil & Gas Co class A..*
15,949 Soundview Pulp Co
5

10

520

8,599
65

279

539

1

Preferred

100

154 Sou Cal Gas Pfd 6% cum A..25

12,511 Sou Pacific Co com (cap'l).lOO
*
100 Sou Pac. Golden Gate cl A

4,210
«,

5%
4%
11

-

340

606 Spring Valley Co Ltd capital..*
28,721 Stand Oil Co of Calif capital
*
1,732 Super Mold Corp of Cal cap 10

15,281
1,351
1,100

1,100 Texas Consol Oil Co

com

..1

200 Thomas Allec Corp class A
*
2,609 Tide Water Assoc Oil Co com.10
20
4%% preferred
...100
54,600 Transam erica Corp capital
2
Treadwell Yukon Corp Ltd—
Common capital
1,706
1
11,354 Union Oil Co of Calif cap
25
25
1.521 Union Sugar Co common

200

1,668
10

24,556
1,206
5,445
531
564

5
2,603 United Air Lines Trans
2,356 Universal Cons Oil.......-.10

931

1%
3,986 Vega Airplane Co
1,192 Victor Equipment Co com.__l
Conv cum pref
2,549
....5
328 Waialua Agricultural Co
20

1,491
736
909

108
32

«%
23
5

6%
5%
12%
5

1.40

1.50
Sale

1.35 Sale
Sale
34

Sale

33%

30%
48%
10754
5%
21%

31%
Sale
109
Sale
Sale

2,750

80

288

50

340 Yosemite PortI Cem Co pf.-lO

common

Yellow Checker Cab Co—
Series 1

irA

Sale

131

149

149%

150% 152

7%
41%

7
Sale

103
50

40%
1.35

12%
2.75

2.50

1.50

15%
101

5%
46%
1.25
6

12%
104

27
29

97

SB
13%

7

23%
4%
6%
5%
14%
5

8

52%
39

12%

Sale

?l*
2.55
35

19%
8%

"B

48%
1.60
Sale

13%
108

28%
29%
99%

15c

24
Sale

27% Sale

40

Sale

1.50
Sale

1.00

14%
105

2.90
41
Sale

1

1.50
6

10%
105

27%
29

98%
3351
12%
2c

5%

?M
5%
10%

6

4c

5%

23
24

17% Feb. 29

104

Feb.

16 105
Feb.
7
5% Feb.
9

9

5% Feb.

13

2

Feb.

2

20c

15c

Feb.

60c

60c
Sale

46c

8

15%
15%

24!
10

Sale
8%
16%
15%
5}
3}
11

30

16%
8

15
14

5%
2.60
10

27%

16%
9

15%
Sale

5%
3%
11%

28%

100

300"

290

iSB
13%
5%
3

10
28

15c
Sale

15n
14

5%
3%
11%
30%

100
300

295

300"

24

Feb.

6

Jan.

27

18% Jan.

23

Jan.

27
24

17

Feb.

19% Jan.

26
Jan.
2.55 Jan.

28% Jan.
2.75 Feb.

6

38% Jan.
18% Jan.

38% Jan.
19% Jan
83% Jan.

18

1.50 Jan.

25

16

Feb.

17

20c

Feb.

5

60c

1

10% Feb.

Feb.
Feb.

103% Jan.
4% Jan.
47% Jan.

Jan.

6

Jan.

Feb.

20c

Feb.

26

Feb.
Feb.
Feb.
Feb.

19

16% Feb. 17
8
8% Feb.
16% Feb. 19

19

14

8 299

6c

Feb.

8%
16%
13%
5%

Feb.

Feb.

15c

16

Feb.

Jan.

5% Jan.
24

46c

19

100

15% Jan.

5

Feb.

294

Feb.

16
6

Feb. 28

5% Feb.

Jan.

32% Feb.

15c

2

9
4

26
Feb. 21

26% Jan.
33% Feb.

23

8

30

Feb.

Jan.
Jan.

3
9
9

Feb.

5

6%
11%
107%
28%

10
3
12
12
4
27

8

Feb.

24

34% Jan.

13c

3

4
2

Jan.

33% Jan.
12% Jan.

5% Feb.

10% Feb.
28% Feb.

Jan.

5% Jan.

8

1

Feb.

105

100% Feb.

28

15

4

17% Feb. 29

Feb.

Feb.

91

3

99

5% Feb.

91

Jan.

3

9

24% Feb.
1
33% Feb. 27

10% Feb.

2

4

6c

45c

16%

1.60 Feb.

26

80c
11
92

16

1

2

30
Feb.
14 100% Feb.
2
34% Feb.
1
14
Feb.

Feb.

25

Jan.

1.60 Feb.

45c

10c

3

5% Feb.
11% Feb.
107% Feb.
26 % Feb.
26% Jan.

40c

15c

Feb.

9

6

92%
5% Sale

Jan.

39

7
6
Feb.
Feb.
1
8
Feb.
11% Feb.
8
Feb. 21 107% Feb. 21
Feb. 28 27% Feb.
1

32% Feb.

91

54

Feb.

7

9c
6

Jan.

1.50 Jan.

15c
45c

11c

6

Feb.

33% Sale

20c

19

Feb.

45c

12c

Feb.

7

33

Sale

>

17

20c

5%

Feb.

4

49%

Sale

53
39

2

16

19% Feb.
7% Feb.

Feb.
Feb.
Feb.

11

19

18% Feb. 23

1.60 Feb.

8

100% Jan.

17% Feb.

2 75 Feb.

11%

12

23

12% Jan.

16

4% Feb.

Jan.

7% Feb.
43% Feb.

19
1
26
8

2.65 Feb.

1.90
Sale

154

17% Feb.

31%

89

Jan.
Feb.
Jan.
Feb.

1

14c

10%

149%
7%
41%
99%

1.35 Jan.

Sale

10% Sale
91%
94%
5% Sale

14

5% Feb. 20
2
21% Jan.
135% Feb. 28

1.05 Feb.

24%

10%

Jan.

2

6
5%
2.5% Sale
32%
32%

24

130

13

23

5%
11%
108
105
108
107%
Sale
25%
28% 26%
Sale
27% Sale
27
100
99% 101%
99
34
34% 34
34%
Sale
12% Sale
12%
10c

28

it*
W*

Feb.

Feb.

18% Feb.
28% Feb.

Sale

107% Jan.
5% Jan.
20% Jan.

9

4

Feb.

iSB

a2% Jan.
33% Jan.
30% Feb.
47

14

Feb.

7
Jan. 10
Feb. 21
4% Feb. 27
1.50 Jan. 15
Feb. 17
Jan.
2
Jan. 10
Jan.
3
108% Jan. 30

4% Feb.
1.30 Feb.

20
17
10
20
14

Feb.
Jan.

1.15 Feb.

39

15

2.00
Sale

11%

2

28
6

1.00

17
17

5%
23%
4%
5%

16

Feb.

17%

1.60

39

Feb.

2.75

2

Feb.
8
Feb. 24 43% Feb. 23
Feb. 23 100% Feb. 16

17

2.00

Sale

1 135% Feb.
27 152% Feb.
8
7% Feb.

21

17

48.

Feb.

27% Feb.

18%
7%

105
5

Feb.

Sale

18%

Sale

Feb.

SH

Sale

39

5% .Sale
48%

Feb.

1.40 Feb.
Feb.

47% Feb.
6 108% Feb.

1
Feb.
Feb. 29

12% Feb.
3% Feb.

35

47

131

Feb.

15%
4%

Sale

Jan.

Feb.

15%
3%

2.55

11

Feb.

Feb.
1.05 Feb.

23

21

4% Feb. 27

Feb.

1.25

17%
28%

14% Feb.

it*

1.00

20

Jan.
Jan.
Jan.
Feb.
Jan.

31

153% 151
8
7%
Sale
43%
Sale
99%

37

1.05

5%
21%
4%
5%
6%

13

151
7

100

14
9
5
7

33% Feb.
33% Feb.
Feb.

137

43%

1

Feb.
Feb.
Feb.
Feb.

5%
23%
4%
5%

14
6
8

135

50

108

Feb.

4% Feb. 27

Sale

40%

2.40

13

34

55

17

15
■7

Sale

38

3

23

34

42
41%
99% 103

14

Feb.

4% Feb.
5% Feb.

1.30 Feb.

52%

12%
3%

5% Feb.
23

Sale

42%

33%
34%
14% Sale
3c

4%

54
Sale

21
18%
19
18%
28% Sale
34

5

21

30% Sale
30%
Sale
47
47
47%
108
108% 107%
108
Sale
5%
5%
5x8
5%
20
Sale
8
20%
20%

132

...

731

8*

128

28
32 Weill & Co com
100
95
137 Wells Fargo Bk & Un Tr caplOO 276
Western Pipe & Steel of Calif

55

5
6%
24
21%
4% Sale
6%
f%
5%
6%
13% Sale
5
4%

4%

.....

607
80

-

5

25

748 Pac Tel & Tel Co common.-lOO
6% preferred....
717
100
190 Pacific Western Oil capital
10

1,120

1

January 2

1
14

Feb.

5

60c

Feb.

16

10% Feb.

11

Jan.

9

Feb.

93

Jan.

20

91

6% Jan.

5% Jan.
Feb.

15c

16

Feb.

8%
14%
13%
4%

Feb.
Jan.
Feb.
Jan.

17%
8%
16%
15%
5%

13c

Jan.
Jan.

8

18
6

Jan.

5

Jan.
Jan.

3

Feb.

3

Feb.

14
15

Feb.

20

Feb.

15

3

Jan.

Feb.

20

10

Jan.

9

Feb.

8

Feb.

15
8

100

Feb.

100

Feb.

8

Feb.

16

294

Feb.

300

Jan.

4

9

i§B

ioS

27% Jan.

29% Feb. 15

10

17

17%

17

17%

17%

18%

17% Feb.

2

18% Feb.

9

15% Jan.

12

18% Feb.

50

19

21%
3%

19%

21%
3%

21

23%
3%

21% Feb.

3

22

Feb.

5

20

Jan.

10

22

Feb.

5

2.90 Jan.

15

2.90 Jan.

15

29

Jan.

29

171% Jan.

22

2.90

2.90

2.85

UNLISTED STOCKS
45 American Factors Ltd cap
20
Amer Tel & Tel Co com.... 100
Am Toll Bridge (Del) com..
1

"

1,987
3,230
1,277

4,577
5,880
2,687
2,828
1,575

768

1,275

28%
170
55c

Anaconda Cop Mg Co com..50

Anglo Nat Corp cl A com
..*
Argonaut Mg Co Ltd capital..6

150 Ark Nat Gas class A common.*
1,425 Atch Top & S Fe RR com.. 100
....5
1,735 Atlas Corp common

100
303
381

655
50

1,913
3,286

Sullivan

Mg
2%

6 Con Co common

470

1,283

173

215

131

131 Calwa Co common......... 10
888 Cities Service Co
10
1
585 Claude Neon Lts Inc com

469

150
40

40

Calif-Oregon Power—
6% pref (1927 series).... 100

Columbia River Packers
Assn Inc common..

1%

*

2,852 Consol Edison Co N Y com...*
945 Consol Oil Corp common..
*
15,260 Curtiss-Wright Corp com
1
1,518 Dominguez Oil Fields cap....*
1,494 Elec Bond & Share Co com...5

715
648

7,861
763
410

3,519 General Electric Co com-...-*
Guggenhime & Co—
10
Conv. $7 1st preferred
*
210 Hawaiian Sugar Co capital..20

1,275
10

250 Hobbs Battery cl B cap
*
Idaho Maryland Mines Corp—
13,356
Capital.
.1
810 Internat Nickel of Can Ltd..*
2,564 Internat Tel & Tel common..*

100

5,196

29% Feb.
8% Feb.
3% Feb.
2% Feb.
23% Feb.
8% Feb.
6% Feb.
3% Feb.

8%

5

14%

29%

Sale
4%
Sale

12%

4

22%

"23%

8%
6%

8%

3%

4

5

7

31%
1%

.5%
32%
1%

30

13

12%

12%

2.00

84
1.25

2.00

84%
1.40

3%

Sale

Sale

30% Sale
13%

52c

9%
3%
2%

8%
Sale
3}
5h

206

1,000
345
-

2 171

23

59c

Feb.
Feb.

16

31

Feb.

10
19

2
1

21
9% Feb.
1
3% Feb. 14

2

2% Feb.
23% Feb.

6

8 % F eb.

1

7% Fbe.
3% Feb.

6
8
9

1

13

1

2

5,100
20

100

677

10,297
1,210
345
402

118
10
25

39

6%% preferred

1,260 Pennsylvania RR capital

No par value.




Jan.

9% Jan.

3
8

Jan.

9

4

2%
25%
8%
7%
3%
5%
33%

Jan.
Feb.
Feb.

12% Feb.

9

13% Feb. 20

12% Feb.

84% Feb.

3

85

1.25 Feb.

26

Feb.

26

82% Jan.

1.25 Feb.

26

1.25 Feb.

% Feb.
8
</8 Feb. 20

4% Feb.
% Feb.

4%

5%
31%
7%

5% Feb. 21

5% Feb. 28
32% Feb.
5
7% Feb. 20
11% Feb.
9

31%
7

10%
35%
6%
38

32%
7%
Sale
35%
7
38%

31

7%
10%

34%
6%
37

Sale
Sale

6%
38

80

91

78

91

19%

22

19%

23

20c

35c

25c

40c

32

Feb.

20

7% Feb. 28
1
10% Feb.
34% Feb. 29
7

Feb.

21

38% Feb. 23
79% Feb. 19
25c

Feb.

21

2
6% Feb.
6
35% Feb.
3% Feb. 24
15c
Feb.
2

1.25 Feb.

6

Feb.

13

25% Feb.

7

5c

4% Feb. 24
11c

*

4

Feb.
5
Feb. 23

8% Feb.

53%
4

6%
25%

21

22
24

5%
'
1.30

24

10

41

*

54%
Sale

6%
24%
22

20

6%
27
1.90
45

3% Sale
21%
22%
10%
14

50

t Formerly_Bancamerlca Blair Corp.

31

1

7

74 Pioneer Mill Co Ltd capital_20
*

Jan.
Jan.
Feb.
Feb.
Jan.
Jan.
Jan.
Jan.

21

4

100
com

1

27%
8%
3 %
2%
22%
8%
6%
3%
5%
30%
1%

2

9

35% Feb.

7

5%
30%
7%
9%
33%

7% Feb.

9
9

37% Jan.

40

Feb.

t Odd lots.

54%
3%
6%
25%
21%
21%

6%
23%
1.30
3

22

9

Feb. 21
Feb. 14
7
Feb.
2
Feb.
8
Feb.
Feb. 19
Feb. 26
7
Feb.
Feb. 14
Feb. 29
Feb. 16

7

1
Feb.
3
Jan.
9
Jan.
3
Jan.
9
Jan.
Jan. 19
Feb. 21
Jan.

5

14% Jan.

4

Jan. 19
1.25 Feb. 26
5
Jan.
3

86

"

Sugar Co Ltd capital-.20

1,662 Packard Motor Car Co

Feb.

Feb.

6
4% Feb.
% Feb. 20

809 North Amer Co common
10
218 Oahu Sugar Co Ltd capital..20
10 Olaa

59c

1% Feb.

4%
%

8% Preferred
10
Montgomery Ward & Co,
1,357
Inc, common
...»
11,990 Mountain City Cop Co cap..5c
2,620 Nash-Kelvinator Corp cap...5
1,810 Nor Amer Aviation Inc cap
1

.125 Onomea Sugar Co capital
500 Pacific Portl Cement com

Feb.

1

3%

108

19

892
490

com

Feb.

24

4

4,946 Italo Petrol Corp of Am com.l
7% cum preferred
1
5,179
626 Kennecott Copper Corp com.*
1,000 Kleiber Motor Co capital...10
380 Marine Bancorporation cap..*
300 Matson Nav Co capital
*
50 McBryde Sugar Co Ltd cap..5
19,700 MJ&M&M Consol capital .1
25 Monolith Portl Cement

Jan.

52c

Feb.

% Jan,

Feb.
Jan.
Feb.
Jan.
Jan.
Jan.

8

5%
32%
7%
11%

Feb. 28
5
Feb.
8
Jan.
9
Feb.

36

Jan.

8% Jan.
41

Jan.

29
5

4

79% Feb. 19

79% Feb.

19

20

Jan.

11

20

Jan.

11

25c

25c

Jan.

18

25c

Jan.

18

5% Jan. 10
6
35% Feb.
3% Feb. 24

6% Jan.
38% Jan.

19

Jan.

5

15c

16c
Jan.
1.55 Jan.
35% Jan.

10

Feb.

13

Feb.

21

6% Feb.
35% Feb.
4% Feb.
15c

Feb.

1.40 Feb.
5c

Feb.

13

25% Feb. 17

•

'50

29

171

Feb.

j

1}

3%

.....

250

1,106
2,101
2,744

Feb.
Feb.

56c

29%

24

171

52c

26%

8%
654
3%

8,330 t Blair & Co Inc capital.... .1
Bunker Hill &

Sale

26%

23

3,312 Aviation Corp (Del) com
..3
2,555 Aviation & Trans Corp cap
1
178 B & O RR common
100
2,423 Bendix Aviation Corp com...5

1,177

28
32
31
171% 171% 173

4% Feb. 24
12c
4

Feb. 21
Feb. 23

8% Feb.

9

54% Feb. 21
4% Feb. 21

7% Feb. 15
26% Feb.
21% Feb.

9
8

Feb.

26

22

6% Feb. 26
23% Feb.
7
1.30 Feb. 14
3

22

Feb.

16
Feb. 23

Jan.

3

1.25 Feb.

6

35% Jan.

15

Feb.

13

5c

79% Feb. 19

5c

4

2

15

2
24% Jan.
27% Jan. 27
4% Feb. 24

25% Feb. 17
27% Jan. 27
4% Feb. 24

10c

Jan.
Feb.

30

12c

23

4

8% Feb.

9

4

Jan.

4
Feb. 23
9

8% Feb.

55%
4%
7%
26%
23%

Jan.
2
Feb. 21
Feb. 15
Feb.
9
Jan.
4

21

22

Feb.

23% Feb.
1.25 Jan.

25
Jan.
1.30 Jan.

41% Jan.
3% Jan.
21% Jan.
12
Jan.

41% Jan.
3% Jan.

54%
3%
6%
23%
21%

Feb.
Feb.
Jan.
Jan.
Feb.

Jan."
6% Feb.

26

6% Feb. 26

23% Jan.
12

Jan.

16

23
4

8
2
3

SAN FRANCISCO STOCK EXCHANGE

64
AQOREOATE
SALES

FRANCISCO.

SAN

In

February
Shares
"1,186
1,120
350
448
360

4,326
1,053
906

100
20

1,295
10,525

STOCKS

1940
Par

Shares

-*
2,117 Scadio Corp of Amer com
1,575 Riverside Cement (Del) A——*
483 Rhumacher Wall Board com_*
Preferred
*
1,023
615 Shasta Water Co common—-*
12,810 Sou Calif Edison common-.-25
O 5H% preferred25
3,511
B 6% preferred— .......25
2,020
140 Sou Calif Gas 6% pref———25
Sou Pacific Golden Gate Go—-

6% preferred
—.100
6,538 Standard Brands Inc com..—*
19,129 Studebaker Corp common..—1
Sunset-McKee Salesbook Co—66

Class A common

10

50 Superior Portland CementClass A preferred

43
7

804
113

1,145
2,679

*

700
200
198
53

1

Jan. 2

Since
Jan. 1

10

RANGE SINCE JAN.

PRICES IN FEBRUARY

Price

STOCK EXCHANGE

5$* Sale
4$*
4$*
24

10$*
29$*
30$*
29$*
32$*
65c
6

13

27
43

32
15

34
20
48

698 Warner Bros Pictures com—..5
63 West Coast life Ins Co cap..-5
200 Western Pacific RR com—100

50c

3$*

1$*

29$*

35

34

29$*

35*

10

21$* Feb.

19

21$*

42

44

12$*
33$*

15$*
35

13
34

17

25

16
47 J
21

1.15

57$*
1$*

4 $*

4
10c

1

3$*

..

Sale
25c

34$* Feb.

7$*
11$*

44

1$*

Feb.

29

11$*

.

Highest

Lowest

Sale Prices

Sale Prices

7
1
2

10
17

Feb.

8

5$* Feb. 29
Jan. 23
5
Jan. 30
23 $* Jan. 23
9
Feb.
7
29
Jan. 18

5$|

8

Feb.
7$* Feb.

80c

1

17

47$* Feb.

1

1

5
12$* Feb. 15

21$* Feb.

5

Feb.

5

Feb.

17

49$* Feb.

9

13

35$*
Sale

lM

95c

58 J* Sale
!$*•
1%
40c
75c
4
3$*
4
4$*
25c
20c

4

29$* Feb.
29

Jan.

1.05 Feb. 21
60$* Feb.
9
1$* Feb. 23
50c
Feb. 16
4$* Feb. 19
4
Feb.
1

50c

Feb.

4$* Feb.
Feb.

4

2
26

34$* Jan.

17

75c

Jan.

31

6

Jan.

2

9

Jan.

18

21$* Feb.
42

Jan.

13
34
20
47

Jan.
Jan.
Jan.
Jan.

5
25
29
24
6

Sale Prices
6
Jan. 10
4
Feb.
6
5
Feb.
8
25
Jan.
3

12$* Jan.
6
30$* Jan.
30$* Jan.
29 $* Jan.
4
34$* Feb. IT
1

Jan.

4

7 $* Jan. 19
12$* Feb. 15

21$* Feb.
42

Jan.

13$* Jan.
34$* Jan.
20

|5
25
12
25

Jan.

6

24
3
16

49$* Feb.
2$* Jan.

9

1.15 Jan.

4

56$* Jan.
1 $* Jan.

23

16

66$* Jan.
1$* Jan.

50c

16

50c

2$* Jan.
1.00 Feb.
57$* Feb.
1$* Feb.

Highest

6
Feb.
8
25$* Feb. 20
1
9$* Feb.
29$* Feb. 20
30
Feb. 29
29$* Feb. 28
Feb. 17
34

4$* Feb.

6$* Feb. 24
Feb.
5

13

15

5$* Feb.

7

Feb.
24$* Feb.
Feb.
9
Feb.
29
29$* Feb.
5

80c

21$*

1.00

Sale Prices
5$* Feb. 29
Feb. 26
4

1.50

1.00

19

50c

50c

4$*
5$*
26$*

40$*

1.00
3 $*

4

25c

29

34

47$* Sale
2$*
2$*

2$*
2$*
1.20
1.10
66$* Sale

Sale

Sale

30

Sale

Ask

10

9

29$*

29J*

7$*
10$* Sale

15$*

1$*

Sale

29$*
28$*

80c
7

9$*

18$*

47

29

1.00
6 J*

40$*
11$*

498 United Corp of Del common—*
1
4,845 U S Petroleum Co capital
6,039 U S Steel Con) common——*
1,925 Utah-Idaho Sugar Co com—-6
208 VicaCo common...—.——25

4$*
5$*
23$*
24$*
9$* Sale

30$*
29$*

*

200 Texas Gulf Sulphur common..*
17 Title Guaranty Co cum pref..*
1,644 United Aircraft Corp cap. ... -5

4

Sale

9$*

Ask Bid
5$*
6
3$*
4$*

5$*

W
Sale
a

*

*

Class B common

248

Bid

Lowest

Feb. 29

Feb. 1
Ask

Bid

1.00 Jan.

Feb.

3$* Jan.

15

4

Jan.

3

25c

Jan.

29

3

2
9

Feb.

16

4$* Feb.

19

4

25c

Jan.
3
Jan.O 29

RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE
Stock Sales

1940

February
Jan. 1 to Feb. 29.
AQQREQATE
SALES
Since

February

Jan. 1

Shares

"2,880
10

63

"2",665
114

1,200

1
1
*

50
200 Berkey & Gay Furniture Co—1
3,525 Bolsa Chica Oil Corp A
10
114

B common.—.

10

8 Brock & Co

Jan. 1 to Feb. 29

Feb. 1

1940
Par

1,920 Broadway Dept Store com

1939

_ —_

RANGE SINCE JAN.

IN FEBRLARY

1

Price
Jan. 2

STOCKS

Shares
50 Assoc Gas & Electric A
5.663 Bandini Petroleum Co
25 Barker Bros common—
69
5$*% preferred

February

PRICiSS

LOS ANGELES
STOCK EXCHANGE

In

1940

Bond Sales

1939

393,483
1,038,622

401,586
731,065

Shares.

*
.♦

Bid

Ask Bid

Ask
25c
Sale

12$*c 50c
4$* Sale

12$*c 50c
3 $* Sale

M

d«

7$*
26$*

8$*
29

7 $*
28$*

8$*
29$*

30c

37c

25c

50c

30c

50c

38c

4$*

J*

75c

5$*

1$*
39c

4$*

Lowest

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

Feb. 29

Ask Bid
4

1$*

2
75c
5$*

50c
4 $*

4c

lc

2$*
75c

5$*

3$* Feb.
1
o7$*
Feb. 8
28$* Feb. 26

3$* Jan.

17

4$* Jan.

3

26$* Jan.

9

26$* Jan.
37c Jan.

10

37c

1$* Feb.
50c

2

2

Feb. 24

4$* Feb.

10

10

4$* Feb. 27
a7$* Feb.
8
28$* Feb. 26

50c

Feb.

Feb. 24

4$* Feb.

5

a

5

5

Jan.
1$* Jan.

50c

10

22

Feb. 24

4$* Jan.

12

2

50c
5

9

Feb.

5
Feb. 24
Jan. 17

a

Buckeye Union Oil
2,500
1,700
32
122

183

""713
1,264
1,035
1,723
920
100
59

1,408
1,015
3.850
121

421

5,167
70

1,895

694

1,150
300
937
881

4,200
20
155
175

3,000

"""837
22,475
3,597
20,569
3,642
600

33,675
115,211
200
225

_

7,100
1,800
3.360
100

Common vot trust ctfs

1

Preferred vtc
1
372 Byron Jackson Co
822 California Packing Corp
*
245 Central Investment Corp.. 100
100 Chapman's Ice Cream Co
*

1,773
2,116
1,960
2,953
1,527

Chrysler Corp

—5

Consolidated Oil Corp
— *
Consolidated Steel com
Preferred
Creameries of America v t c._ 1
241 District Bond Co
25
516 Douglas Aircraft Corp..
—

lc
lc
15

5c
2c
16

24$*

25$

10
11$
97$*c 1.7
89$*
90$*

sg

10$*

5$J

li

10$*
5;.

6$*

83$*

84$

2,742 Electrical Products Corp...
10
10$
4
2,100 Emsco Derr & Equip Co.—.-5
11
Sale
40c
43c
8,860 Exeter Oil Co A
1
136 Farmers & Merch Nat Bk—100 380
392
1,771 tFitzsimmons Stores Ltd
1
10
11$*
9,523 Fitzsimmon's Stores Ltd rights
120 Foster & Kleiser Co—
2.50
2$*
5o
4,516 General Motors Corp
10
100 General Paint common
7
——*
5$*
125 General Telephone Corp
20$*
19$*
20
1,934 Gladding McBean & Co—♦
5$*
5$*
8
3,850 Globe Grain & Milling Co
7$*
25
1,324 Golden State Co
9
*
9$*
1,850 Goodyear T & R Akron com
*
23$*
24$*
1,936 Hancock Oil Co A
*
37$*
39
4,850 Holly Development Co
70c
75c
.1
20 Holly Oil Co.
1
...

£

—

lc
lc

H*
24

300 Hudson Motor Car Co
175 Hupp Motor Car Co.—

*

1
4,500 Intercoast Pet Corp...
50c
1,000 Jade Oil Co
.—10c
1,152 |Lane-Wells Co_
__1
100 Langendorf United Bakeries B »

29,375
8,784
33,413
5,753
2,300
73,399

Lincoln Petroleum
Lockheed Aircraft

Corp... 10c
Corp..—.1

Los Ang Industries Inc
2
Los Ang Investment Co....10
Mascot Oil Co
1
.....

Menasco Mfg Co..
1
U Rights
200 Merchants Petroleum Co
1
825 Mt Diablo Oil Ming & Dev.. .1
8,600 Nordon Corp
.........1
1,800 Occidental Pet Corp— —.... .1

5$*
75c
10c
2c

9$*
7$*
7c

32

12

1.75
81$*
7$*
5$*
10$*
5$*

80$*
7

5
10

n
\i*
10$*
35c
384

8$*
20c

1$*
52$*
6

21
5

7$*
9$*
22$*

77||c

"80
10

10 U
Sale

392

10$*
8$*
9c

Sale

4

4$*
42c

Sale

10c
2c

9$*

7$*
8c

30$*

3

2

52$*

For footnotes

see




page

66.

1

22$*
37$*
Sale

"_5$*

390

10

1$*
52$*

11
27
20
6
6

27

15
28
5

Feb. 28
1
Feb.
Feb,
6
5
8$* Feb.
20c
Feb.
1
al$* Feb. 23
10

39c
400

2$*
Sale

23

35c
384

52$* Feb. 27

24

5 $*

6

10$*
23$*

M

foe*

72$*c

Sale

k "'6$*
10c

20c

7c

3c
9

5c

10$*
8$*
9c
Sale

Sale

2$* Sale
30c

45c
4c
8c

52$*c

47c

50c

6c

6c

8c

18c
48c

12c
41c

20c
45c
6

4$*

10$*
9$*
37c

14c

15c

5

82

Feb.

10

83$* Feb. 27
7$* Feb. 19
Feb.
8
Feb. 21

M

Feb. 28
Feb. 15
Feb.
9
Feb. 28
8
10$* Feb.
Feb. 16
40c
Feb. 26
396
Feb. 17
10
21c
Feb,
5
fll$* Feb. 23
54$* Feb. 14

si

ISM

10$*

7
12c

30

1$*

AH

42c
2
19c

15c
46c
5c
24c

36c

4$*

Q

8$*

Sale

30$*
Sale
Sale
50c

Sale
Sale

30c

52$*c
7c
27c
Sale

4$*

Jan.

6

2c
Jan.
9
14$* Jan. 26
10

Jan.
Jan.

1

Jan.

16

Feb.
Feb.
Jan.
Jan.
Jan.
Jan.

27
20
18
12
3
26

25

83$*
7$*
4$*
9$*
5$*.
6$*
10

3

19

lc

Jan.

2c

Jan.

9

14$* Jan.

26

Jan.
Jan.
Jan.

3
13

90$* Jan.

3
4

25
11
1
8

Jan.

3

27

Feb.

1

Jan.

4 396
10
5

383

8$* Feb.
23c

Feb.

1

52

Jan.

23

6$* Jan,

30

5
8

23

Jan.

16

5$* Jan.
3
10 $* Jan.
3
5$i Feb. 28
6$* Jan. 26

10$* Jan.
35c

6

10$* Jan.
11

Jan.

43c

Jan.

36c

Feb.
Jan.
Jan.

19
2
8
26
12
22

54$* Feb. 13
6$* Jan. 30

a

5
8

Feb.

1

Feb.

9

2
9$* Feb.
24$* Feb. 21

37
70c
al

30c

4$*

5$*
6$*

,8$*

12c

43c

it*

VA

14$* Feb.
2
o25$* Feb. 17
a

7

22
Sale

115,211

5.060 Oceanic Oil Co
225 Pacific Clay Products—

7$*

.8%

Sale

50c

95c
83

lc

2c

14$* al3$* Feb.
Feb.
25$* «25
12
10$* Feb.
1,35
84
83$* Feb.
7$* Feb.
4$* Feb.
11
9$* Feb.
6
5$* Feb.
6$* Feb.
"83" a82$* Feb.
10$*
10$* Feb.

Sale

1$*

2$*

2$*

It*

11

6
15c
7c

2$*
40c

lc

13$*
24$*
10$*

95c

...

.

2c

3b

6

75c
11c

7
Feb.
Feb. 28
Feb.
9
Feb. 26
Feb. 26
Feb. 14

Feb.
Feb.
Feb.
Feb.
Feb.
77$*cFeb.

5$*
8$*
10$*
24$*
37$*
al
6

75c
12c

23
9
17
21
29
1

Feb.
9
Feb. 26
Feb. 26
Feb. 14

9$* Feb.

2

Feb.
2
30
Feb. 28
3
1$* Feb.
6
4$* Feb.
46c
Feb. 26
1$* Feb. 26
14c
Feb. 28
a20c

47c
5c

Feb.
Feb.
Feb.
Feb.
Feb.

25c
36c
4$* Feb.

10$* Feb. 27

Feb. 10
9
32$* Feb.
3
Feb.
1
4$* Feb. 27
Feb.
1
50c
2
2$* Feb.
32c
Feb.
6
16 a20c
Feb. 16
Feb.
7
7 47c
6c
7
Feb.
3
28 30c
Feb. 20
29 47c
Feb.
5
28
4$* Feb. 28
12c

6

Jan.

5

Jan.

4

9$* Jan.
21$* Jan.

30
15

37
70c

Jan.

31

Feb. 28

80c

Jan.

8

6
75c
11c

Feb. 26
Feb. 26
Feb. 14
Jan.
9

6

Feb.

26

2c

8c

Jan.

9$* Jan. 17
8$* Jan. 22
7c

Jan.

28$*
1$*
4$*
40c

Jan.
Feb.
Jan.

3

8$* Feb.
9
10$* Feb. 17
24$* Jan.
3
38$* Jan. 29

75c
12c
2c

10

8$* Jan.
12c

12
3
9
Jan. 13
1 $* Jan. 15
,14
Feb. 28

32

45c
4c

25c

38c

Jan.
4
Jan.
4
Feb. 28
Feb.
9

4$* Jan.

18

Feb. 26
Feb. 14
Jan.
9
Jan. 27
Feb.

32$* Jan.
3

22
10

2

Feb.

1

4$* Jan.

10

50c

Jan.

9

2$* Jan.
Feb.

27

50c

Jan.

9

6c

Jan.

11

30c
47c

6

Feb. 20
Feb.
5

4$* Jan.

18

March, 1940]

Since

February

Jan. 1

Shares

Shares

"2,026

STOCKS

1,400 Pacific Distillers Inc
1
4,338 Pac Finance Corp common—10
10

Preferred A

1,743 Pac Gas & Elec Co

---25

com

1,268

214

629

1,089
5 54% 1st preferred
4,019 Pacific Indemnity Co
2,177 Pac Lighting Corp com

"""loo

200 Pacific Public Service.100
1st preferred

15

1,050
1,355
50

5,000
3.869
2,014
2,457
6,035
181
149
113

1,000
110

1st

7.690
70

6,130
3,672
220

1,113
2,965
8,842
1,328
615

9,069
8,844
1,130
40

-

*

*

155 Pacific Western Oil

10

2,210 Puget Sound Pulp & Timb Co.*
2,460 Republic Petr Co Ltd
1
90
5)4% Preferred A
50
1
8,000 Rice Ranch Oil Co...!
5,708 Richfield Oil Corp common—*
Wawatitfl
2,168
2
6,489 Roberts Public Markets
11,403 Ryan Aeronautical Co
1
373 Safeway Stores Inc.---*
514 Security Co units
194 Shell Union Oil Corp
-*
3.000 Sierra Trading Corp
25c
-

788

Signal Oil-Gas A.
B

100

"V.560

25
-25
10
*

preferred 6%

common

13,774
2,359
1,040
22,156
17,000
2,010

Standard Oil of Calif.

Superior Oil Co common
Taylor Milling Corp..
Transamerica

Corp

-

Union Oil of California

25

10

40 Van de Kamps Bakeries

7,473

14,372

110
700

2,625

517

1

1

625

625

*
Vega Airplane Co
1.50
Weber Showcase & Fix pref--*
Wellington Oil Co
1
Western Air Express Corp
1
Yosemite Portl Cement pref 10

15c

11H

12

"34"*
3454

30 %

3154

30%

till

35%
49%
Sale

6

21H

37

46%
5%
19%

i28 iVA 12%
! £A 3 ?*

3

20c

13c

8
7%
154
154
754 Sale
5 54
554
47%
40%
30

32

12 H
2c

13%

27

Universal Cons Oil Co

10c

3314
33%

20

8c

Sale

"7%

tr°
13h

33%
31%
37%
47%

1

Sale

Sale

4 %

"21

!VA

20%
7%
15%

3c

28
.....

Sale

lc

Sale

7%

3

1%
7%
5
4%
49% a47%
32
31%
11a
11%

lVi

8%

7c

3c

26 %
29%
24%
6%
5%
29* Sale
46

29

30% Sale
30
29%
33%

13
13%
24% Sale
36%
35%
9%
8%

13

Sale

24%
35

9%
Sale

5%
16%
14%
9%
5%

14

"3%

3

16%
8%
5%

Sale

9%
5%

19

Feb.

20

Feb.
Feb.

23

Feb.

23

15c
7

5

4%

4%

3

3%

3

6

ig

Feb. 23
Feb. 21

6

Feb.

26

Feb.

1

45

Feb. 27
Feb.
Feb.

33%
12%
23%
34%
8H
5%

Feb.
Feb.
Feb.
Feb.
Feb.
Feb.

16

Feb.

1

1

7
2

26
27
14

20
6

23

13% Feb. 19
a8H Feb. 27
5H Feb. .2

3c

27

6%
29%
45%
30%

mu
it*
24%
35%
8%
5%
16%
14%
a8%
5%

Feb.
Feb.

Jan.

4

Jan.

31

Jan.

26

13
23

39

Jan.

2

20 H Feb.
Jan.
8

19

6

19
19

12

Jan.

30

2% Jan.
36% Feb.

18

1654 Feb.
254 J an.

17

39

Jan.

16

Jan.

12

16c

Feb.

23

Feb.

16

1% Feb. 26
7% Jan. 12
4% Jan. 20
31
3c

Jan.

4

Jan.

9

23
21

27

Jan.

2

25

Feb.

8H
1H
8%
5%
33
3c

19
20
5

Jan.
Jan.

11

Feb.

27

Jan.

27

Feb.

5

Jan.

9

3

13

24 H Jan.
Feb.
6

26

28H Jan.
3
24H Jan. 25
6H Feb. 13

Feb.

20

28% Jan.

22

30

Feb.
Feb.

2

44

Jan.

2

28

29H
28%
34 H
33%

Feb.

1

Jan.

31

Jan.

16

Feb.

2

Feb.

12% Feb.

26

Feb.

Feb.

Feb.

28

Feb.

16

Feb.

8

Jan.

3

12

27

46H Jan.
30% Jan.
29 54 Jan.
34H Jan.
34 H Jan.
15% Jan.
2654 Jan.
Jan.
Jan.

20

Feb.

23%
34%
8%
5%

Feb.

16

Feb.

23

Feb.

13% Feb.

19

4H Jan.

15

Feb.

Feb.

Feb.

Feb.

14

36

Jan.

30

10

Jan.

26

6H Jan.
17% Jan.
15H Jan.

Feb.

9

Feb.

21

Feb.

6

4%
2% Sale

a4H Feb. 29

0%

6%
14Hc

a6% Feb. 27

a654 Feb. 27

10c

24

12c

Feb.

2

10c

Feb.

2c

lHc Feb. 27
1% Feb. 19
He Feb. 26

2c

Feb.

15

He

Jan.

Feb.

2
4

16
9

3
9

4
8
8
3

27

6

3

8

Feb.

40% Jan.

Feb.

3

4%

17
3

Jan.

Feb. 21

6

Sale

Feb.
Jan.

8

2% Feb. 14
a4% Feb. 29
2% Feb. 21

5

3%

29

29

29

'34%

8%

27

a,34

34

11"

31H Jan.

Feb.
Feb.

16
8
7% Feb.
6
Feb.
6
Feb.
3
Feb. 27
Feb.
1
Feb. 26
5% Feb.
5 a50% Feb. 17
Feb.
Feb.
5
Feb. 23 33
Feb.
1 all% Feb.
5

29H Feb.

"34%

3

19

Feb.

6%

5%
'4%

20%\ Feb.

a7%'Feb.

7

lc

it*

23

17

16c

4%
48%
31%
10%

27

Feb.

30%
35%
47%
5%
20%

13

Feb.

7

4
20

Feb.

14c

Sale

11% Jan.
33 H Jan.
33 % Feb.

47H Feb.

14c

5% Sale
48%
47%
31%
32%
11%
10%

9

39

20c

sA

5%
10%
13%

Feb. 21
Feb. 19

5
13% Feb.
2% Feb. 21
36% Feb. 17

3

o

17

31

34

14%
2% Sale
36H 37

13

Sale

10% Sale
153*
10%
9%
854

Feb. 27
Feb. 24
6
Feb.
Feb. 14

Feb.

34% Feb.

39H

29%
28%
33%
33%

9%

33%
30%
31%
47%

31%
39%
47%

28

20H
a7%
16%
2%
36%

Sale

35

Sale

Highest
Sale Prices
10c
Jan. 16
12
Feb.
2

a

6

46

Sale

12

11% Feb.

34

7

29

Sale

12%

Feb.

30%

Lowest
Sale Prices
10c
Jan. 16

15c

34

\*

25*
24

Highest
Sale Prices

"34%

19%

8

7% Sale

8*

Lowest
Sale Prices

12%
33%

6

21

43 H

29%

5

"34%

Sale

Sale

2X
4%
2%

15c

10c
12

Sale

33 54

it*
33*
s3

Ask Bid

Bid

12%
33%
33%

24
6H

-_2o
._*
2

12

\l*

*

*

22c

11c

*

1,152 Sontag Chain Stores
*
25
16,862 So Calif Edison Ltd com
275
Original preferred
25
12,355
6% preferred
25
5 ]4 % preferred
7,307
25
1.001 So Calif Gas 6% pref
25
2,714
6% Series A pref-.-25
7,796 Southern Pacific Co.------100

Ask

Bid

Feb. 29

Feb. 1

1940
Par

492

859

RANGE SINCE JAN.

Price
Jan. 2

100

"""598

65

exchange

PRICES IN FEBRUARY

los angeles
stock exchange

In

stock

angeles

los

AGGREGATE
SALES

2

5% Feb.

9

Feb.

20

3% Jan.

22

Jan.

3

6

2% Jan.

3

2% Feb. 20

Feb.

2

23 14Hc Jan.
9
2c Jan.
19
2% Jan.

17

5

mining stocks—

50

4,000
3,000
300

3,500

T.666
1,000

120 Alaska Juneau Gold M Co-.10

19,000
31,500
2,400
3,500
2,000

Black Mammoth Cons M ColOc

Calumet Gold Mines Co
Cons Chollar G & S Co

l

Imperial Development Co

25c

Prince Cons Mining Co
9,000 Tom Reed Gold Mines Co
7,434 Zen da Gold Mining Co

10c

unlisted

869 Amer Rad & Stand San

315

580 Am Smelting & Refg Co
2,845 American Tel & Tel Co
2,568 Anaconda Copper Mining

137
880
160

1,187

10

*

51

Transportation

1,322 Baldwin Loco Works

v

1
13

t c

240
622

579

1,246 Bethlehem Steel Corp (Del)..*
1,151 Borg-Warner Corp
5

181
30
359
100

1,121
395
134

1,360
148

4,811
265
59

150
932
564

675
80

1.055
670
460
540
295
200

1,030
977
516
225
890
60

5
5

181 Canadian Pacific Ry
30 Case tJ I)

*
10

689 Commonwealth & Southern..*
2,847 Continental Motors Corp.
1
190 Continental Oil

Co

(Del).

Olass A
575
324 Electric Bond & Share
574 Electric Power & Light

695 Paramount Pictures Inc

10 Seaboard Oil of Del
1,347 Sears Roebuck & Co

443

527

837 Stone & Webster Inc

1,593 Swift & Co

65

2,703
410

177
50
No par

50

-

*

311 Southern Ry
4,580 Standard Brands Inc
869 Standard Oil Co (N J)

210

4%
37%

30%
55%

125

Corp

*

25c

50c

8H
2H<

8%c

3c

lc

5c

lc

-

Feb.

5c Feb. 20
2c
Feb. 23

1% Feb. 19
He Feb. 26
5c

Feb.

20

2c

Feb.

23

Feb.

9

1 % Feb.

15
3

Feb. 26
Jan. 18
Jan. 10

He

Feb. 26

28c

Jan.

23

He
30c

4Hc
lHc

Jan.
Jan.

11

5c

29 2Hc

Jan.

2

979 United Air Lines Trans Corp
699 United Aircraft Corp..
289 United Corp (Del)
795 U S Rubber Co
S Steel Corp
5,245
885 Warner Bros Pictures.
U

2

58
8%

12 %

*

19%
6

44 %

*

11%
9%

1
25
25
10
*

5
5
*
10
♦

2

21%
45%
10%

7%
3%
8
24

8?4
6

1%
23%
19%
80%
12%
20%

44%
12%
9%
2%

22%

?1A

86

15

47}

16 y
48

2%
40%

41%

66
06

U
H

.5

3%

329 Westinghouse Elec & Mfg
50
80 Willys-Overland Motors Inc__l

116%

t Listed May 3.1939.

7%
41%
48%
20%

Sale

25
...-1

30%

23

4?*
67
67

Uk

20
29
16
14
23% Feb.
2

10

Jan.

11

10

Jan.

11

47% Jan.

15

47 54 Jan.

15

26H Jan.
5% Jan.

22
16

29 % Feb.
5 54 Jan.

22% Feb.

23

23% Jan.

16
30
11

Jan.

22
6

6

3 54 Jan.

14%

37%
55%
4%

28 alO

23% 22% Feb. 24
Feb. 19
22% a21% Feb. 26 a23
6%
6% Feb.
2
7% Feb.
8

74%
54%
5%

38

Feb.

1 a50% Feb.
172H al70HFeb.
1 al72HFeb.
30
27% Feb. 13 29% Feb.
5% a 5% Feb. 3 a5% Feb.

5%

Sale

9a

49 H a47% Feb.

26

22%

15
»_*

9%

IVA

26

*

*

Superior Oil Corp (Del)




1.401.62H
He
lc

5c

26

5%
1%
23%
18%
85%

*

...»

897 Texas Corp
698 Tide Water Assoc Oil Co
826 Union Carbide & Carbon

value.

lc

5c

Sale

...1

418 Pure Oil Co

115
873

10c

Sale

37%

7

2,209 Socony-Vacuum Oil Co

355

62*1

3%

120

339
285

40*

*

848

317
488

Corp.*

4%
72%
53%
4%
6%
14%
1%
3%
23%
10%
29%
7%
7%

*

9,037 Studebaker

0%
15c

lHc
2
1%
2%
%c
lc
30c
50c

HP.

25

1,790 Packard Motor Car Co

4,979

6%
12c

170% 171%
30%
30%
6
5%
21%
20%
24%
24%
7
7%
3 H
3%
17%
17%
12%
12%
3154
80%

1,064 Ohio Oil Co

1,487 Radio Corp of America
1,037 Radio-Keith-Orpheum
6,075 Republic Steel Corp

1,202

5

2,054 General Electric Co..
..*
1,284 General Foods Corp
._*
990 Goodrich (B F) Co
*
180 Graham-Paige Motors Corp
1
*
2,086 International Nickel Co
*
1,165 International Tel & Tel..
1,238 Kennecott Copper Corp
*
*
1,035 Loew's Inc
511 Montgomery Ward & Co
*
700 Mountain City Copper Co
5c
*
2,499 New York Central RR
-.1
2,799 North Amer Aviation Inc
10
1,552 North American Co

884

'""633

5
1

Corp

1,594 Pennsylvania RR Co

657

100

717 Caterpillar Tractor
110 Cities Service Co

590
138

2,620

25

1,696 Columbia Gas & Elec Corp—.*
*
1,022 Commercial Solvents

9,521 Curtiss-Wright

38c

3 He
2 He

*
100

535 Barnsdall Oil Co..
1,092 Bendix Aviation

826

lc

oo^C

28c

1

25c

50
684 Armour & Co (111)
5
2,105 Atch Top & Santa Fe Ry_.100
210 Atlantic Refining Co
25
2,337 Aviation Corp (Del)
3
200 Aviation &

"""570

6 %
6 H
12%c 15c
lc
He
2 %
2%

stocks—

299

1,331
1,401

•

10c

3 a 1654 Feb.
15% al5H Feb.
11% alOH Feb. 27 all % Feb.
9
31%
Feb.
32% Feb.
W*
76
Feb.
76
5
73H Feb.
23 %
9
23% Feb.
23% Feb.
Feb.
5%
5% Feb. 27
70
1 a68% Feb.
a67% Feb.
49% a47% Feb. 27 a51% Feb.
2
4%
a4% Feb.
a3% Feb.
Sale
6
Feb. 29
6% Feb.
8
14%
14% Feb.
14% Feb.
1%
1% Feb. 14
1% Feb.
4
Feb. 26
4% Feb.
24
a24
Feb. 24 a24% Feb.
10
Feb.
1
Feb.
10%
29
7
29% Feb.
29% Feb.
6%
a7H Feb. 14 a7H Feb.
a6% Feb. 23 a6% Feb.
38
Feb. 24 38% Feb.
37.
47%
47% Feb. 19 47% Feb.
19
Feb. 20
19% Feb.
20%
a% Feb. 27
a% Feb.
Sale
36H Feb. 29 36% Feb.
Sale
4
Feb.
3% Feb. 29
36
Feb. 14
Feb.
36
37%
6
35% Feb.
35%
35% Feb.
6 a54% Feb.
54% a5154 Feb.
1
Feb.
4%
3H Feb.
16%
16% Feb. 28 16% Feb.
a24% Feb. 27 a26% Feb.
&
22
21% Feb.' 13
21% Feb.
3
6%
a6% Feb.
a7% Feb.
2
3%
3H Feb.
3% Feb.
1
7%
a654 Feb.
a7% Feb.
8
22%
22H Feb.
22% Feb.
7
8%
a8% Feb.
a8% Feb.
6
Feb.
5%
5% Feb. 26
5
1%
1H Feb.
1% Feb.
1
21%
21% Feb.
19% Feb.
18%
84% a82H Feb.
a84% Feb.
11%
11H Feb.
11% Feb.
17% al6H Feb.
al854 Feb.
7
Feb.
7%
6% Feb.
44%
43H Feb.
43% Feb.
10%
1054 Feb.
10% Feb.
Sale
10% Feb.
12H Feb.
a2
Feb.
2H
al54 Feb.
2254 Feb.
23H Feb.
44 ?4 a42% Feb.
a44H Feb.
Sale
10H Feb.
10H Feb.
Sale
82% Feb.
82% Feb.
al6
Feb.
1554 J1454 Feb.
a49H Feb.
47% a47% Feb.
a2
Feb.
a2% Feb.
36
38 % Feb.
38% Feb.
58 %
59
Feb.
61
Feb.
4
4
Feb.
3% Feb.
113% al08HFeb.
all3HFeb.
2
alH Feb.
alH Feb.
_

35%
3%
34%
35%
50%
3%
15%
24%
21%
6%
3%
6%
21%
8%
6
5%
1% Sale
19% Sale
19
18%
83 %
82%
Sale

16%
6%
42%
10

17%
7%
43%
10%

10%
1%
22%
42%

Sale

w*
79

Sale

15

47%
2

35%
56%
3%
107

1%

2%
23

43%
80

15%
48%
2%
36%
56%
3%
108

1H

t Listed May 15,1939.

5^

U Listed Feb. 6. 1940.

15

754 Jan.
3% Jan.
Jan.

15

4
30
15

15

Jan.

27

31%
73H
23%
5%

9
Feb.
5
Feb.
9
Feb.
Feb. 27

10
17

51 % Jan.

24

5154 Jan.

24

Feb.

29

3

9

2
20

28
9

32% Feb. 20
76
Feb. 28
23% Feb.
9
554 Feb. 27

19

.8

13 % Jan.

19

7
Jan.
14 H Jan.

\4

1H Jan.
3% Jan.

26

154 Jan.

15

2

6

19

24
4
4H Feb.
2

15
9

7
14
5

954 Feb. 15
7
29 54 Feb.
7H Jan. 27

Feb.
11
29 54 Feb.
854 Jan.

9

7
3
8

8

Jan.

8

8

Jan.

14

38

Jan.

15

40

Jan.

11

19

45% Jan.

12

21

20

Jan.

5

1

Jan.

4

47 54 Feb.
Jan.
20
Jan.
1

19
5
4

27
14
9

14
6

36H Feb. 29
3%, Feb. 29
36% Jan. 24
35 54 Jan. 24

3854
4H
3654
3554

Jan.

4

Jan.

5

Jan.

24

Feb.

6

9
20
15
9

13

3H Jan.

31

Jan.

15

2254 Jan.
2154 Jan.

15

16

25

4

Jan.

1854 Jan.
25% Jan.

2Vil

9
3

Jan.

10
24

Jan.

24

Jan.

11

15

3 54 Jan.

29

3% Jan.

8

19

754 Jan.
2154 Jan.

24

754 Jan.
24% Jan.

24

8

8
1

9

7

Jan.

9

24
5

9

Jan.

26

6

Jan

9

554 Feb.
5
1H Feb.
1954 Jan. 22

8
1
8

11H Feb.
17H Jan.

26

Jan.

2

6

23
13
21

6

25

4354 Feb. 23
1054 Feb. 20
954 Jan. 17

154 Jan.
2254 Jan.

5
5

19
29
9

24

1154
17 H
7H
45%

Jan.
Jan.
Jan,
Jan.

12

Jan.

11

1054 Jan.

5

26

18
4

23

28
23
29
29
9

9

16
9
9
15

2254 Jan.

10

'16 54 "Feb".
Jan.
Jan.
Jan.
Feb.
Jan.
3 54 Jan.

15H
4854
254
3854
5754

3
24
26

26

4854 Jan.

31

2H Jan.
3854 Feb.
6254 Jan.
4
Jan.

9
20

31

1
a

Jan.

15 H Jan.

11

24

9

ft Removed Sept. 8.

2354 Feb. 28

Odd lots.

3
9
11
4

V

Pittsburgh Stock Exchange
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE
1940

Stock Sales

February

Shares_

__ _

Jan. 1 to Feb. 29___
AGGREGATE
SALES
In

Since

February

Jan. 1

Price

BONDS

Jan. 2
1940

—______

Shares

41,300
12
56

218
740

125

12,910
840

1,261

STOCKS

Shares

41,690 Allegheny Ludlum Steel
35 Arkansas Nat Gas Oorp
108
Preferred*.
681 Armstrong Cork Co
1,947 Blaw-Knox Co
267 Byers (A M)
29,489 Carnegie Metals
3,140 Clark (D L) Candy.
4,989 Columbia Gas & Electric
788 Consolidated Ice Co
196

Preferred

100 Copperweld

440

3,647

740 Devonian Oil
6,273 Duquesne Brewing
100 Electric

1,112
360

"365
5,840
7,059
2,370
605
244

175
298
484
165
325

5,000
938

""lOO
389

""726
176

Steel

Bid

Ask

Feb. 1
Bid

$7,000

___—

RANGE SINCE JAN.

Ask

*
.-10
*
*
*
1
*
*

Lowest

Lowest

Highest

Sale Prices

Sale Prices

Feb. 29

Ask Bid

110% Jan.

21
2

37
11
12 %

2

Sale

Sale

6% Sale
39% Sale

Sale

10

Sale

10% Sale

Sale

Feb.

3

Feb.

1

23% Feb. 21
2

Feb.

1

Highest

Sale Prices
Sale, Prices,
113
Jan.
9 113
JanTF

158% ""I

Par
*

1

6%
39%
9%
12%

1
Feb.
Feb. 27
Feb. 13
Feb. 21

1
6% Feb.
8
40% Feb.
10% Feb. 15
13% Feb. 10

25c

Feb.

24

35c

5% Feb.
6
Feb.

2

18% Jan.
2

25 110% Jan. 25

15

Jan.

30

6% Feb.

1

37

Jan.

2

9% Feb.

13

12

Jan.

27

25c

2|%

Feb.

21

Jan.

30

Jan.

30

h

Jan.

3

40c^

Feb.

10

Jan.

5

6% Feb.
7% Jan,

13

Feb.

8

Feb.

24

5% Jan.

4

6

Feb.

2

*
-10

25c

Jan.
Jan.

26
10

1

Jan.
Jan.

4
26
10

.10

15% Jan.

18

16

Jan.

10

MM

Jan.

35c

50c

5% Sale
6% Sale

Sale
5%
6
6% Sale

30c

35c
6

40c

6%

6

Feb. 28

6% Feb.
6% Feb.

13
13

-

10

5

Products

2,758 Follansbee Bros pref
100
1,735 Fort Pitt Brewing
1
lOHorne (Jos) common
100
629 Koppers Co pref
100
19,447 Lone Star Gas
*
11,159 Mountain Fuel Supply
..10
5,862 Nat Fireproofing Corp com—*
465 National Radiator Oorp
10
1,785 Pittsburgh Brewing
*
652
Preferred
*
59 Pittsburgh Coal Co com—100
150
Preferred
100
25 Pittsburgh Forgings
1
175 Pittsburgh Oil & Gas
5
706 Pittsburgh Plate Glass.
25
*
1,031 Pitts Screw & Bolt Corp.—
215 Reymer & Bros common
.*
575 Ruud Mfg
5
5,000 San Toy Mining
1
1,938 Shamrock Oil & Gas..
1
50
Preferred
—100
100 United States Glass
1
764 Vanadium* Alloy Steel—
*
1,720 Victor Brewing Co
1
1,377 Westinghouse Air Brake
*
310 Westinghouse El & Mfg

Jan. 1 to Feb. 29

PRICES IN FEBRUARY

PITTSBURGH
STOCK EXCHANGE

1939

1940

February

67,788
162,393

156,810

$
4,000 Independent Brewing 6s. . 1955
1949
3,000 Pitts Brewing 6s_

$

Bond Sales

1939

70,044

50

1

16
11
5
12

17

■IIH
Sale
14

1% Sale
12%
84% Sale
10 %
10
5

Sale

1% Sale
6
%
6%

ix

lc

.....

5

aV*
Sale

n

Sale

7%
32% Sale

16

Feb.

13

11

Feb.

2c

16% Feb.

1

Jan.
Jan.
Jan,

12

11

Sale
1% Sale

19

87

86

9%
5% Sale
1% Sale
8

19% Feb. 21
1% Feb. 29

17% Feb.
1% Feb.
Feb.

90
10

9% Feb.
5% Feb.
1% Feb.

Feb.

8

Feb.

8

5% Feb. 17
1% Feb. 16

9

2

1% Feb

1% Feb.

34

32% Feb.

32

.

Feb.

19
5

13

1% Jan.
12% Jan.
84% Jan.
9% Fen.
5
Jan.
1% Jan.
6% Jan.
1% Jan.
32% Jan.

4% Jan.

1% Feb.
102%

Sale

7

Sale

IX

2

1%

1%

lc

2c

lc

2c

2%

1% Sale

2

80
55c

80

55c
30c

1
16% Feb.
12% Feb. 21

5

Sale

Sale"

33%
20c

9%

Sale

Sale

1% Sale

1%
65

87

7%

1%
32 %
5% Sale

•8%

16% Sale
11% Sale
5%
17% Sale
1%
■IX
12%

1

1% Feb.

1

21 103% Feb. 28
5
9
7% Feb.
6% Feb.
1% Feb. 20
1% Feb. 20
7
Feb. 17
3
5% Feb.
lc
Feb. 13
lc
Feb. 13
2
Feb. 10
1% Feb. 29

99% Feb.

45c
Sale

20c

25c

Feb.

30

19
Feb. 21

23

Feb.

55c

30
20c

30c

108%

Sale

24% Sale
112% Sale

108% Feb.

1% Sale

IX Sale

1% Feb.

55c
32

Feb.

Feb.

19
6

2

5

Jan.

3

20

Jan.

2
9

18

Jan.

2

10

12% Jan.

10

2

90

Feb.

8

2

Jan.

2

Feb.

3
17

19

Jan

18

Jan.

9

6

Jan.

12

29
12

si

#

3

Feb.

5

Jan.

2

Jan.

4

Jan.

18

Jan.

20

10

Jan.

18

1%
99%
6%
1 %
5%

1
1
1% Feb.
Feb.
Jan. 17 103% Feb. 28
5
2
Feb.
8% Jan.
2
Jan. 12
Feb. 20
7
Feb. 17
Jan. 25
1
lc
Feb.
Feb.
1

lc

1 % Feb.
Jan.

55c
30
20c

23

26% Feb.
113% Feb.

9

12% Feb. 21

22

65

35c
31

25c

Feb
Jan.
Jan.
Feb.

106% Jan.

29
9
19
18
12

el*
55c

Jan.

Jan.
Feb.

33% Jan.

Jan.
25c
5
28% Jan.
12 117% Jan.

10
9

19
4
17
4

3

UNLISTED
851
*

1,042 Pennroad Corp v t c

No par value,




x

Ex-dividend.

1

P

1% Feb.

3

1% Jan.

22

2% Jan.

15

\
t

In the earlier part of

month and for the calendar year to

General Quotations we combine in one

only those dealt in
index

to

on

date,

Exchange Seat*

—

Federal Land Bank Bond*...............

84
92

Foreign Government Bond*.............. 93
85

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

...........100

Investing Companies Securities.......... 72
Quotations for all securities

are as near as

Page

Page

Railroad Stocks.........................

85
92

Real Estate Bonds

94

Textile Stocks

Title Guarantee and Safe Deposit

......

73
78

....—.............

67

United States Territorial Bonds.......... 92

Mining Stocks

Municipal Bonds—Domestic...
Canadian

...........

Public Utility Bonds.......

Public Utility Stocks

possible for the

......

...

Railroad Bonds

—...........101

Real Estate Trust and Land Stocks

....

85

......—.................

88

Stocks. 85

United States Government Securities.....

92

closing day of the month preceding the date of issue.

price, and

flat price—that is, that the accrued interest forms part of the

therefore the purchaser does not have to provide for it separately In making payment. In the case of income
no

71

84

The letter "f' prefixed to bond prices denotes that the quotation is a

always "flat," and

not

The following is an

quoted:

Joint Stock Land Bank Securities

81

.....

Insurance Stocks

furnished.

comprehensive whole, securities of all classes and descriptions,

Page

Industrial Stocks

are

the exchanges, but also leading unlisted and inactive securities.

the different classes of securities

Industrial Bond*

stock exchanges of
In this department of

this publication complete records of the dealings on the leading

the country, for the latest

bonds and bonds in default, the price is

designating mark Is employed to Indicate the fact.

Quotations for equipment bonds are based on average maturities.
Quotations for guaranteed stocks are "and dividend" that Is the accrued dividend must be paid in
It should be borne In mind in the
cases the

figures

are

obtained from

U3e

sources

of these tables that the quotations

which

are

addition to the price.

for many inactive and unlisted securities are merely

nominal, but in all

gold, "gu" for guaranteed, "end" for endorsed,

"cons" for consoli¬

considered reliable.

The following abbreviations are often used, viz.: "M" for mortgage, "g" for

dated "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "opt" for optional.
The black-faced type in the letters showing the interest period Indicates

the month when the bonds mature.

and Income and defaulted bonds.

NOTICE—All bond prices are "and interest" except where marked "f"

Bonds

Bid

RAILROAD BONDS
Aberdeen &Asheboro 1st 5s'40 J&J f

25

Adirondack 1st 4 34 s 1942 gu MAS
Akron A Barb Belt g 4s 1942. JAD

SO
9934

83

Gen & ref 6s 1945 series A.AAO/
& ref 5 34s 1945 ser B_ A&O/

"Gen

41

66 %
67 34

FAA

5434

4234

109

1st cons
JAD
Alabama Tennessee A Northern—

108

g 6s 1943 ser
4s 1943 ser B

Prior lien 6s

1948

JAJ/

Gen income 6s Oct 1948—JAJ /
Alabama A Vicksburg Ry—
1st M g 5s 1974 s. rieb A..MAN

6s series C Dec 1

io%
%
88

11>4
134

MAN

Stamped

Conv g 4s of *09 due 1955. AD
Conv g 4s *05 due 1955..JAD
Conv g 4s of'10 due 1960. JAD
Conv deb 4 Kb 1948
JAD
Trans 8 L 1st g 4s 1958—JAJ
Gal-Ariz 1stAref4 34s'62 opMAH

Rocky Mt Div 4s 1905:
AJ
Eq tr 234s 1940-1949
MAN b
Athens Term Ry 1st g 58 *37—JAJ /
Atl A Blrm.

7934
7034
4234

S'west Div 1st

1st cons 4s July 1 1952—MAS
Gen unlfser A 434s 1964—J&D

10-yr coll tr 5s May 1 '45.MAN
Lou A Nashv 4s Oct 1 '62.M AN

Equipment trust 4 34s
6
Eq 434* 1940-41 E (yr)—.FAA b
Eqtr 234s 1940-52
AAO b
Atlantic Coast Line (Conn)—
trred ctfs oflndebt 5s

65

1.50%

9734

98

47

JAD

2d g 4s 1948
JAJ
Atlantic A Yadkin gu 4s *40.AAO
Aug Term 1st gu g 6s 1947..AAO
Augusta Un Station 4s 1953-J&J

104

85

87

8534

8634
9734

9234
9234

9534

JAJ

44

110

1.65
25

10754
10034
1.00%
32

9454
9454

83

85

74 34
53
71
68 34

2.00
2.00

2.50

3434

57

59

1.50%

2.75

2.00%
2.25%

Con g 434s

1957

Ry of Chatt 1st 5s '45—JAJ
Belvidere Del cons 334s 1943. JAJ
Bessemer A Lake Erie—

Equip tr 23is 1940-1947..MA8
Big Sandy Ry 1st g 4s 1944—JAD
Birmingham Southern—
Equip trust 334s Dec. 1 1940-46
Birm Term 1st
g 4s 1957 gu.MAS
Boonvilie St L A Sou 5s '61.FAA
Boston A Albany 5s Oct *03—JAJ

5s June 1942—.
...JAD
434« lmpt 1978
FAA
1st mtge 4Kb ser A 1943..AAO
334s Jan 1 1951
JAJ
Ref 3 34s 1952 gu N Y O..AAO
Boston A Maine RR—
1st mtge 5s ser AO 1967...MAS

1st mtge 5s ser II1955
MAN
1st mtge 4 He ser JJ1901.. AAO
5s series Q Feb 2 1940
5s series R

May 1 1940
1940

5s series S Sept 1
5s series T Sept 1
5s series U Nov 1
5s series V Mar 1
5s series W April

...

1941.

90

10534
VI

1.65

1.00%

109
2.25

1.50%

84

20

07%
8734

6834

56

7634

7834

54
54

5534
5534

45

4534

44%
4434

45

4434

75

85

48

50

47

46 3s

14834
fi
47%
47%
*
47 %
<"47 $4
I 47%
« 4734
t 4734
i 4734

4634
4634
4634
4634
4634
4634

4734
4734
4734
4734
4734

47
...

1942

4634

5s series AA April 1 1944
5s series BB {April 1 1944
5s series
CC.\Lintl 1945
5s series DD

5s series EE Jan 1 1946
5s series FF Jan'l 1947"""
5s series GG April 1 1947."

JAJ
„

47

46%
46%
46%

1 1942

5s series X July 1 1942
5s series Y Jan 1 1943
5s seresiZjMay 1 1943

* Last sale.

183 34

~

1941

.Tune^l 1945

89

52
70

Nominal.

46

a

70

W*
37

Certificates of deposit
Buff A Susquehanna RR Corn—
1st 4s Dec 30 1903
JAJ
Burl Cedar Rapids A North—
Con 1st A coll tr 5s g '34.. AAO
Certificates of deposit
Cambria A Cl'field 5s g *41..JAJ
Gen M g 4s 1955:

10

234

MAN

Canadian National Rys—
2s guaranteed 1942

90

M

85

50

103
80

8534

2.50

2.00%
3.00%
2.25%
2.25%

80

Buffalo Creek 1st 5s 1941
JAJ
1st ref 5s 1901
JAJ
Buffalo Rochester A Pittsburgh—

*40

7154
6934
1.50%
1.50%
2.00%

33

4834
4834
5634

f

44

Canada Atl Ry 1st 4s 1955..JAJ
Canada South 5s 1902 ser A .AAO

54

3834

57

47%
45%

I

JAJ

50

76

99
39

55

54

4sl950

35

86
97

1434

Battle Or A Sturgis gu 3s '89.JAD

97

76

18

94

114
73

14

1334
5334

* 5934
f 5934

/ This price includes accrued Interest.




12

6s ext to Jan 15 1947
JAJ
Boston Term Co 334s 1947—FAA

1938

55

Mtge 434s 1944..
6 Basis.

2634

Boston Rev Beach A Lynn—
1st m 434s Juy 15 1947—JAJ15

FAA

90

Belt

3.25

2934

|26

55

3.25

1st mtge gu g 4s 1955
Boat A Prov deb 5s July 1

55

—

97

10334

2534

3.00

3.00
3.75

Boston ANY Air Line—

Cons refund
g 4s 1951
JAJ
4s stamped 1951
Pis cat Div g 5s Jan 1943..AAO
Van Bur Ext 5s g Jan '43.AAO

96

10934
99 %

mtge 5s *50.JAJ

Bay City A Battle Creek—
3s 1989
JAD
Bedford Belt 1st 5s 1938..—JAJ f
Beech Crk Ext 334* 1951— AAO

103 34

Ask

45%
4434

AAO
MAN

97

Austin A Northwestern—

1st mtge gtd g 5s 1941

2734
2534

434s 1940-1943
5s 1940-1944

96

89

103 34

MAS

Eq tr 434s ser E1940-42AAO b
Eq tr 434s ser F 1940-44.-MAN b
Bangor A Aroostook—
1st M 5s g Jan 1 1943
.JAJ

Atlantic Coast Line of 8 O—
Gen 1st g 4s July 1948
JAJ
Atl A DanvilK 1st 4s 1948—JAJ

JAD

_

Certificates of deposit.
Tol Cinn Div ref 4s A *59—JAJ /
Eq tr 434s ser D 1941
JAJ b

10634

2.50
4434

Atlanta A Charlotte Air Line—
1st M 4 34 * 1944 ser A
JAJ
lot M 5s 1944 ser B.
JAJ
Atlanta Knoxville A Northern—
1st mtge gold 5s 1940
JAD
1st colis 4s Mar 1 2002...MAS
Atlantic City 1st 4s 1951..-JAJ
1st 5s ext May 11954....MAN
Atlantic Coast Line RR—

__

Stamped modified
MAS
Convertible 434s. 1960
FAA
Certificates of deposit
P L EAWVa Syslref 4s'414M&N
Certificates of deposit

8634

Line

See Seab'd Air

-

Stamped modified

Ry Bridge A Term—

1st M 5s 1964
MAS
Aroostook Nor 5s g 1947-.--AAO
Atchison Topeka A Santa Fs—
Gen mtge gold 4s 1995.—AAO
Adjustment 4s July 1 1995 Nov

2634

5s series F March 1 2000—

92

American Refrig Transit—

Equip 5s ser F, G A H, *41-'45 6
Ann Arbor 1st g 4s 1995
Q-J

2534

1995—

Stamped modified

(Cont)—
Mtge 4s 1942....
FAA
£Mge 3s 1950
JAJ
Equipment trusts—
334s 1940-1944
JAD
4s June 1 A Dec 11940-49

5s series ]D March 1 2000—

Albany A Susq 334s g 1940._AAO
8534
Alleghany Corp—
St Ooll tr conv 5s 1944.
FAA
79 34
la Coll A conv 5s 1949—...JAD
6834
►
5s stamped 1950
AAO / 4034
Allegheny Valgen 4s 1942..MAS
106
Allegheny A Western—
1st mtge guar 4s 1998
AAO
62

Ark A Mem

JAD

Stamped modified

A—JAD

cons

1944_

66%
68%
70
5534

67

Ref A gen mtge bonds—
5s series A Dec 1 1995—

Alabama Great Southern—
1st

sec notes

Bid

Boston A Maine RR

1st mtge g 4s, July 1948--AAO
1st mtge g 5s, July 1948—AAO
Certificates of deposit

4% ext
4134

Bonds

Ask

Baltimore A Ohio—

Akron Canton A Youngs town—
I*

Bid

Bonds

Ask

65
5

534
10234

FAA

100

Cambria A Indiana RR—

Equip trust 2 34s 1940-47..AAO

2s guaranteed 1943
Guar 7-year 234s 1944

7-year guar 234s 1946
3s guaranteed 1944
3s 15-year gtd 1952
3s 13-year guar 1950
3s 16-year guar 1950
3s 15-year gtd 1953
3s 15-year gtd 1959

80

JAJ
F&A
F&A
JAJ
M&N

r

10034

101

r

100

10034

r

99

F&A
J&D
J&D
F&A

r

J&J

4348 guaranteed 1951
M&S
434s guaranteed 1956
F&A
434s guaranteed 1957
J&J
434s guaranteed 1955
J&D
5s 15-yr. guaranteed 1954-F&A
5s guaranteed July 1 1969 J&J
5s gtd Oct 1 1969
A&O
5s guaranteed 1970
F&A
Equipment trusts—
434s series J1940-42—M&N
5s series K 1940-1944..M&N
434s series L 1940-1945.J&D
234s series O 1940-1947.F&A
234s July 11940-1949
Canadian Nor deb 034s '40..J&J
Canadian N

1.80
79

r

r

9834
103%
06%

r

97

r

96

r

94%

5s coll trust

6s

conv

1954

coll trust 1942

Equip trust 5s 1944
434s 1940-1945

Fa,able in Oanadiaa fumls.

J&J
J&D
M&S
J&J
J&D
M&S
J&J
J&D

97

97%
98%
99%
89

100
102

10134
3.75
3.75
3.75

3.00%

3.00%
3.C

3.25
3.25

11034

W434s Oct22 1943—

4s cons deb (perpetual)
434s secured ctfs 1944
434s coll trust 1946
434s coll trust 1960

103K

r

Canadian Pacific Ry—

234s coll trust 1941
A&O
3s serial coll tr 1940-41—F&A
3s conv coll trust 1945
A&O
334s conv contrast 1951—F&A
4s conv coll trust 1949
J&J

100
99

79

9934
7034
6934
7134
64%
76

8634
7534
:%
81%
81%
%
102"34
~'

3.75

°lll34

RAILROAD

68

BONDS

NOTICE-—All bond prices aro "and interest" except where marked *'f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Ask

Bonds

50

Chicago Rock Island & Pac Ry—
General gold 4s 1988
J&J

Bid

Bonds

Ask

Bid

Ask

/

Oaro Cent 1st g gu 4s 1949—J&J /
42
Oaro Clinch & Ohio 6s *62-J&D 15
108*6

1st 6s 1940
———J&J
Central Branch Union Pacific¬

152 k
/

—M&N

Ref&gen5*6s 1959 ser B-A&O
Ref & gen 5s 1959 ser O—A&O

Equipment trusts—
4*6s series Q 1940-

,

,

Ref g 4s 1934 opt to 1911
Certificates of deposit

48*6

ist 4s 1948
J&D /
Central of Georgia—
1st M g 5s Nov 1 1945——F&A
Cons gold 5s 1945

109

Certificates of deposit

Carthage & Adirondack—
1st mtge guar g 4s 1981—J&D
Catawissa RR g 4s 1948
A&O
Central Arkansas & Eastern--

103
20

—

4s series T1940-1952—-jJ&J
Chatt Div gold 4s 1951— J&D

Trustee ctfs 3*6s 1947.....

ex
2X
2X

3

Chicago St Louis & N O—
Con g 5s June 15 '51
J&D 15
Con g 3*$s June 15 '51-J&D 15
Mem Div 1st 4s 1951
J&D

2*6

Chic St Paul Minn & Omaha-

656

Eq tr 4*6s 1940-1944
A&O b
Chicago South Sh & So Bend—
Sink fund 3s ser B 1963
J&J

1.00%
3.50%

8

10

5

8

4*6
4%

7

1st & ref g 5s Dec 1 '60 opt J&D
Inc mtge 5s Dec 1 1960
M&S

Eq tr 4*6s 1940-'41

(yr)—F&A

Pacific—
1st ref 4s g guar 1949---—F&A
1st g guar 4s Oct 11954—A&O

Guar 4s

I960----F&A
European loan 4s 46--—M&»
Central RR & Banking of Ga—

1942—M&N

Coll tr 5s ext'd to

Central RR of South

17

17*6

13 X
2.25

15

1.50%

67 X

68

Chicago & Western Indiana—
Consol gold guar 4s 1952--J&J
1st & ref M 4*6s D 1962—M&S
Choc & Memph 5s 1949
J&J /

Chattanooga Sta 4s

notes,

notes,
notes.

Equipment trusts—
4Hs series W 1940
4MB 1940-1945
3s 1940-1946
2X8

1945-1949

Ohesterf & Lancaster 5s

103

3.00%

lstM3*6sserD 1971
M&N
1st mtge 3*6s ser E 1969--F&A
Cl'field & Mah 1st gtd 5s '43-J&J

123*6
99*6
99*6

Cleveland Akron & Columbus—
1st cons guar g 4s 1940—F&A

105

General 4s gold 1993
Gen M 5s ser B 1993
Ref & imp 4*6s ser B

J&D
J&D

1977-J&J

CW&MDiv 1st 4s g '91—J&J
St L Div 1st col tr g 4s '90 M&N

105

105*6
105*6

Spr & Col Div 4s 1st g '40-M&S

White W V Div 1st 4s '40--J&J

A&O
M&N

5
&

—-J&D

&

1.65

1

"

1.70

1.10%
1.00%

1.70
100

117

118

106*6

113*6

103

GenM4*6s'87 stpd inc taxM&N
GenM4 Ks'87 stpd inctax M&N
15-year 6*6s Mar 1936—M&S
1st & ref 5s May 2037
J&D
1st & ref 4*6s May 2037—J&D
1st & ref 4*6s May 2037 O J&D
Conv g 4 las 1949 ser A.
M&N
Equipment trusts—
4*68 series U 1940-43--M&N
4*6s series V 1940-44—F&A
4*6s series W 1940-44—M&S
4*6s series X 1941
F&A
2*6s Dec 15 1940-1949

3*6s gen gtd 1950—F&A
4*6s 1977 ser A.F&A
&ref4*6sl981 ser B__J&J
Cleve Short Line4*6s 1961—A&O
Cleveland Terminal & Valley—
1st 48 gold guar 1995
M&N
1st

s

f 5*6s 1972 series A-.A&O
s f 5s 1973 series B„ A&O

f 4*6s

1977 series C—A&O

78

Equip tr 2*6s ser A '40-*52-M&8
Coal Riv Ry 1st 4s gu 1945. J&D
Coeur d'Alene& Pend Oreille Ry—

99

1.10%

5s 1960
J&J
Colo & Southern 4*6s 1980-M&N
Col & Pt Deposit 4s 1940—F&A

101

105*6
60

17*6
16

„

-111

109*6
111*6

65*6

75

79*6

50*6
46*6

49

99

99

106*6

51*6

64*6
100
100

106*6

108*6

105*6
109

109

102*6
104*6
78

79*6

8*6
2.25%
14

87*6
79*6
71*6

M&S

1943

Conn River gold 4s

2.25

1.50%

106*6
17

27*6
101*6

28"

106*6

100*6

10056

Connecting Ry (Phila)—
1st M gu 4s Mar 15 '51-M&S

85

—-

15

110

M&S

116
11

deb 4s '54-J&J
J&J

Consol Rys (N H)
Deb 4s 1955.

1955
A&O
Deb 4s 1956 guar
J&J
Cuba Co extend 3s 1955-—-J&J
Deb 4s

Cuban Nor Rys 1st 5*6s,
Cuba RR 1st g 5s 1952.

*42 J&D
J&J

7*6> extended to 1946——-J&D
6s extended to 1946—-—J&D
Imp & equip 5s 1960
M&N
Danbury & Norw ref 4s 1955.J&J
Dayton Union Ry 1st 4s '49-J&J
Del & Bound Br 3*6s 1955.-F&A
1st & ref gold 4s

M&N

1943

f

f
/
*

156
24

22*6
22*6
22

{
b

20
3.50

b

4.75
4.75

b

4.75

14*6
15*6
1556
15*6
15*6
15*6
16*6
9*6
9*6

Equip trust 4s Apr 1 1940-'49— 6

111

16"

11
11

11
2

29*6
35*6
41*6

18*6
3

30*6
38*6
44*6

32

34

33

34

14
99

97*6

con

—.J&J /
-J&J /

4s 1936

100*6

58*6

58*6

3.00

2.50%

g^4*6s 1936

'55—F&A /
Assented subject to plan
/
Ref & impt 5s 1978 ser B—A&O f
Eq tr 4*6s 1940-'42 (yr)__M&N b
Equipment trust 5s
b
Gen income 5s Aug

6*6
1*6

25*6
25*6

Denver & Salt Lake Ry—
Inc mtge 6s Jan 1 l960_An

25
26

1st 4s

Apr f
J&J

1950

Des Moines & Fort Dodge—

35

8*6

10

2%

2*6
2*6
5*6
3.00%
3.00%

Ctfs of dep

3.75
62

63*6

95

for gtd 4sl935-J&J /

4*6
50
40
25

5*6
70
45

34*6

1st guar 4 *6s 1961
M&N
Detroit Toledo & Ironton—

97

J&J

103

1st 5s Mar

1 1964.

Eq tr 2*6s

1940-1947

M&N 6

16*6

Detroit & Toledo Shore Line—
1st gold guar 4s 1953
J&J

17"

Dext & Piscataquis 4 X%
Duluth Missabe & Iron

9*6
9*6
9*6

1st

2.00%
2.00%
2.00%
2.00%
2.00%

f This price includes accrued interest.

"49—J&J
Range—
mortgage 3%b 1962—A&O

99

2.00

1.50%

107*6
60

70"

1st gold 5s 1937
Dutchess Co RR 4*6s

J&J /
1940—J&D

2

10*6

M&S

1965——M&N

k Last sale,

Nominal.

r

11*£
103

101

J&J

54*6

60

J&J
Ga & Ala Term 1st g 5s 1948.J&D

II"

15

/

15*6

23

1st M 6s 1946 series A„.M&N /
Certificates of deposit
/

2*6

5

Georgia Carolina & Nor—
Ext at 6% to July 1 1934
Georgia & Florida RR—

16

Ga RR & Bkg ref 6s 1951
4s Jan 1 1947
Ga Sou & Fla 1st g 5s 1945
Deb 5s 1952

H

2

Georgia Fla & Ala 1st 6s '52.F&A /
Georgia Midland 1st g 3s *46.A&O

45**
113

A&O
J&J

101*6

J&J
A&O

45

461

30*6

3lj

Glrard Point Sfge 3J4s *40—A&O
Goshen & Deckert'n 1st 5*6s 1978

100

2nd ext 6s 1979.
M&N
Gouvernour & Oswegatchie—
>
1st 5s 1942—.
—J&D

48

48

28

105*6
104
J&J
102,,
Grand River Valley—See Michig an Cen tral
Grand Trunk Pacific—
1st M 3s 1962

J&J

J&J

r

94*6

Prairie)4s 1955 r 90
(Lake Superior) 4s 1955
92
r
1st 4s Feb 15 *42 Alb gU-M&N r 101
Gen 4s 1962 Can Govt gu..J&J
106

99 **
91
94
103
108

Grand Trunk Western—
1st g gu 4s * July 1 1950—J&J

76*6

77

4.00

3.00%

75

78

90

J&J
J&„

Gen mtge 4s ser G1946
J&J
Gen mtge 4s ser H1946
J&J
Gen mtge 3*6s ser 11967—J&J

Eq tr 2s 1940-1947——M&S
Eq tr 4*6s 1940 D(yr>— J&J
Western Fruit Express—
Eq tr 4*6s 1940.
J&D 6
Greenbrier Cheat & Elk—
1st 5s 1944
J&J
W Va Midland Ext 5s '54-J&J
Greenbr Ry 1st g gu 4s '40-M&N
Green Bay & Western—
Debenture ctfs A Feb
Debenture ctfs B Feb

1st 5 *6 s 1950 ser B
1st 5s 1950 series C

82

A&O
A&O

82!.
100?^
903

89*6
72
1.80

0.50%

1.00

0.50%

95
85

81

101*6
64

7*6
52

49

85*6
81*6

P

90

Equip tr 2*6s 1940-1946.-J&D

2.10

'52_J&J

Stmpd (July 1 1933 cpn on)
Gulf Terminal of Mobile—

xM

1.00

Secured notes 3s 1941-1945. J&J

Gulf & Ship Island RR—
1st ref & term g 5s Feb

97;
90!
82!

81

6

J&J

107 3

100

55

-

Guantanamo & Western—
1st M 6s 1958 series A
Gulf Mobile & Northern—

87*6
82*6
95

1.60%

93

85*6

66
64
1st mtge g 4s 1957 gu__ --J&J
Harlem R & Portch—See N Y N H & Ha rtford

Harris Ports Mt Joy & Lane RR
Ext 4s 1943
J&J
Ho bo ken Ferry 5s 1946
M&N

108*6

5l

47

123

Hocking Valley 4*48 1999
J&J
Holidaysburg Bedford & Cumb
1st M g 4s 1951 guar
J&J
Holyoke & West 4*6s 1951—A&O

121*6

Ilousatonic con 5s 1937-.-.M&N
Hudson & Manhattan—

45*6

47"

—F&A
Adj inc up to 5% Feb *57-A&O
1st M 4*6s 1957 conv
F&A

47*6
15*6

48*6

48

51

100

4

■

15*6

Huntington & Broad Top Mt
RR & Coal extend 6s 1940 A&O

12*6

gold 4s 1951—
J&J
1st gold 3*6a 1951
J&J
1st extended g 3*6s 1951—A&O
1st g 3s sterling 1951...-M&S
Coll trust gold 4s 1952
A&O
Ref g 4s 1955 opt 1918—M&N
Pur uens 1st g 3*6s 1952—J&J

*6

1st

East Tenn & Western N C—

1st stamped 5s

17

25

Extended 5s 1940—......A&O

108*6
12
82
103

6
77

Illinois Central—

Duluth South Shore & Atlantic—

n

-

1st gold 5s 1957 opt

Detroit Terminal & Tunnel—

14*6
17*6
16*6
17

2*6
5%
3.75

,

Des Plaines Val 4*6s 1947—M&S
Det & Mack 1st lien 4s 1995-J&D /
2nd Mort. gold 4s 1995—J&D /

2.50%
4.00%
4.00%
4.00%

East Penn 1st 4s 1958

2.75

9

Denver & Rio Grande Western—

3*1
3.00
3.00
3.00
3.00

8*6

6*i
4.00%

J&J

Gen 4*6s 1976 series D
Gen 4*6s 1977 series E

Denver & Rio Grande—
con g

5.00
78
14

50

2

Certificates of deposit— /

89

44*6

_

1st
1st

6*
5*

107*6
96*6

Delaware Lackawanna & Western
100

„

Fort Dodge Des Moines & Sou—
1st 5s 1938
.J&D

—

Delaware & Hudson—

61*6
105*6

48*6

f

Grand Rapids & Indiana—
1st 4*6s 1941
1st 3*6s 1941

59

86*6
76*6
70*6

43

4*6s 1982

Genesee River 6s 1957
Ga & Ala 5s Oct 1945

101*6

63

con

Fort St Un Dep Det 4 *6s *41

68

64*6

1st

/

Proof of claim filed

Great Northern—

Connecticut & Passumpsic Rivers
1st gold 4s 1943
A&O

*8*6

Amended

1.40%

48

Concord & Claremont 5s

1951

Gen ref gold 4s 1950
J&J
1st cons ref 4 *6s '52 opt—M&N

112

Colum & Toledo 4s 1955

5s

M&S/
/
Eq 4*6s 1940-'41 H (s-a)_M&S b
Florida Southern gu 4s 1945.J&J
Florida West Sh 5s 1934
J&J /

F&A

17

24

1st

1st & ref 5s 1974
Certificates of deposit

'44-J&J

16

26*6
2.00%

M&N
14*6
A&O
14*6
Eq 4*6s '40-'41 LL (s-a)—M&S b
2.75
Eqtr 4*6s 1940-'43 (s-a)—M&S b
3.00
Erie & Jersey s f 6s 1955
J&J / 51
Erie & Pgh g 3 *6s B 1940
J&J
100*6
3*68 series O 1940
J&J
100*6
Florida Central & Peninsula—

Eq tr 5s Dec 14 1940-'43 (yr)
Grays Pt Term g 5s 1947—J&D

21

94

A&O

51
55
22*6
17
15*6

A&O

—

113

Columb & Hock Val 4s

119

J&J /
-J&J f
A..A&O /

Series D 1953
Ref & imp M 5s 1967
Ref & impt M 5s 1975

97

105*6
1.25%

51

__

Erie prior lien g 4s 1996Gen lien gold 4s, 1996

1948-A&0

16*6

16

El Paso & Southwestern RR—
1st & ref 5s 1965
A&O
5s stamped 1965

(Mountain and

Clinchfield

84

93
105*6
Eq tr 2*6s Dec 1 1940-49
b
1.80
Elmira & vVilliamaporc—
1st 6s 1910 ext at 4% 1950-J&J
107
Income 5s 2862
A&O
99*6
El Paso & R I 1st gu 5s 1951.J&J
52

Conv gold 4s 1953 ser
Series B 1953

99*6

106

Elgin Jol & East 5s 1941 _--M&N

97

108*6

91*6

A&O
Edmonton Dun vegan & British
Columbia Ry 4*6s 1944--A&O

Fonda Johnstown & Gloversv—

RR—

88*6

92*6
97%
1.75

s

1st M

16

1st

87*6
76*6
83*6

50"

Cleveland Union Terminals—

2X

14*6

2.00

Ser D

Gen

109

Chicago Lake Shore & Eastern—
1st M 4Xb 1969 opt 1919-J&D
112*6
Chic Memp & Gulf 5s 1940.-J&J f
27
Chic Milw & Gary 1st 5s '48-A&0 f
4*6
Chic Milw St Paul & Pac RR—
60-yr 5s 1975 series A
F&A
Conv adj 5s Jan 2000
A&O
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989
J&J
Gen g 3X8 B May 1 1989.J&J
Gen 4Xb May "89 series O-J&J
Gen 4*6s May '89 ser E—J&J
Gen M 4X8 May *89 Ser F.J&J
Equip trust 3lis 1940-"53A&0
Eq 4*6s '40-'43 E & P (yr)_J&J
Eq 4*6s "40-*41 G & H (yr) J&J
Eq tr 5s 1940 ser B (yr)..F&A
Chicago & North Western—
Gen M 3 *6s g 1987
M&N
Gen M gold 4s 1987
M&N
Stmpd non-pay Fed Inc tax—
Gen M 5s '87 stpd inc tax.M&N

Ser B 4*6s gen gtd 1942—A&O
Ser B 3*6s gen gtd 1942—A&O
Ser O 3*6s gen gtd 1948—M&N

Gen & rer

109

1953
A&O
Chic June RR 1st 4s 1945—M&S
Chic June Ry & Un Stk Y ds—
Coll tr ref 5s 1940
—A&O
Coll trust ref 4s 1940
A&O

Cleveland & Pittsburgh—
Ser A 4*6s gen gtd 1942—J&J

0.50%
1.20%

M&N

1st cons 5s gold 1943
J&J
Florida East Coast 4*6s '59.J&D /

13*6

Clev Cine Chic & St Louis—

104

1.75

92*6
94*6

Cincinnati Union Terminal Co—

103 X

1.00

108

Consol 1st g 5s 1956.

Eastern Ry of Minnesota—
Nor Div 1st g 4s 1948

Proof of claim filed

b

Cin Northern RR 1st 4s 1951-J&J

Indianapolis & St Louis—




A&O

12*6

99*6

-

Eq trust 2*6s 1940-52

99

28

104*6

Short Line 1st 4s

ft Basis.

Oinn & Muskingum Valley—
1st 4s 1948
_F&A
Cinn New Orl & Tex Pacific Ry—

10656

49

Cincinnati Lebanon & Northern
1st consol gtd 4s 1942
M&N

86

Chicago & Eastern Illinois—
1st consol 6s gold 1934—- A&O f 112%
Chicago & Erie 5s 1st g '82__M&N
85%
Chic Great West 1st 4s 1959-M&S f
26 X
3.00
Equip tr 4Xb "A" 1945--A&O
Chicago & Illinois Midland Ry —
1st mtge s t 4*6s ser A '56 M&S
104*6
Chicago Indiana & Southern Ry—
Con mtge g 4s 1956 guar—J&J
57
Chicago Indianap & Louisville—
Ref M g 6s 1947 series A
14
J&J
Ref M g 5s 1947 series B—J&J
13
Ref M g 4s 1947 series O—J&J
11*6
1st & gen 5s 1966 series A.M&N
8
1st & gen 6s May '66 ser B_ J&J
8
3.25
Equip tr ser E 1940-1944-A&0 I
Monon Coal—
Non-cuminc 5s 1955(w-s)—- /
13
Chic

91*6
93*6

48

65

100*6
101X

*55--F&A

54

Cin Ind & West 1st 5s 1965-M&N

99

Chicago & Alton RR—
Refunding g 3s 1949
A&O /
Chicago Burlington & Quincy—
Gen M 4s 1958
------M&S
1st & ref 4ha ser B 1977—F&A
1st & ref g 5s 1971 ser A—F&A
Illinois Div 3**s '49 op 29-J&J
4s July 1 1949
J&J
Eq tr 2 *6s 1940-1947
A&O
Chicago & Eastern 111 (new co)—
Gen M 5s May 1951
M&N
Certificates of deposit
5s income w i 1997.......—..

51

88

®

----

63*6

40

122
99

—-M&S
Craig Valley 1st 5s g 1940-J&J
Paint Creek Br 4s 1945—-F&A
Potts Creek 4s 1946——J&J
R & A Div 1st con g 4s '89-J&J
2d con g 48 1 989
---J&J
Warm Spr Val 1st 5s g "41-M&S

77

38

4.00

3.00%

61

Consol gold 5s 1952
M&N /
Cincinnati Hamilton & Dayton—
General 5s gold 1942
J&D

105"

2s 1940-1947

52

4.50

65

1957 gu—J&J

1944
J&J
1945
J&J
1946---——J&J

67

49*6

.

Chesapeake & Ohio—
General 4*6a gold 1992—M&S
Ref & imtp 3*6s D 1996--M&N
Ref & .mpt 3 %b ser E 1996 F&A
Ref & impt 3 *6s ser F 1963 J&D
1*6% notes, 1940
J&J
2*6% notes, 1941
J&J
notes, 1942
J&J
notes, 1943
J&J

80*6

60

48 %

95

100*6

48

Choctaw Oklahoma & Gulf—

Carolina—
,

5*6

74

107*6
106*6
107*6
106*6

1st M 4s series D 1963

1st mtge 3 lis ser E 1963—J&J
Guaranteed 3*6s 1951
M&S

60

1st ref 6s 1940-1976
Central Vermont Ry— ;r:,
Eq tr 5s Dec 14 1940-1944 (yr)_ b
Charleston & Western Carolina—
1st 5s 1946)
—---A&O
Chatt Rome & Sou 1st 5s 47 J&J

A&O
J&J

1944

46*6

Central

Guar g 5s

7
2

Chicago union Station—

5

----J&J

_

6*6
5*6

Chic Terre Haute & Southeast—

656

44

5s 1987-J&J

6*6
5*6
1*6
99*6

21*6

Central of New Jersey—
Gen M (now 1st) g
Gen M 4s 1987

Sec 4*6s 1952 ser A
M&S v
Sec 4*6 ser A certifofdep
/
30-yr conv 4*6s 1960
M&N /

31

4.25

1946-—J&J
Mid Ga & Atl 1st 5s 1947—J&J
Mobile Div g 5s 1946
J&J
Oconee Div 1st 5s 1945-—-J&D
Cent New Eng 1st gu 4sl961 J&J
Macon & Nor g 5s

5H

16*6

2.00

ff wn

A&O f

27 X

.

-—.M&N

East Tenn Va & Georgia—

85

Payable in Canadian funds.

85

68"
43*6

46*6
41

46 *i

m

RAILROAD

March, 1940]
NOTICE—AH bond prices are

Quotations for all securities are as near as

Bid

Bonds
Illinois Central—(Concluded)
Collateral trust 4s 1953
M&N

Ref mtge 5s 1955
40-year 454s Aug 1

MAN
1966.F&A
Carlo Bridge 4s g 1950* -J&D
Lltch Dlv 1st g 3s 1951
J&J
Louisv Dlv 344s g 1953—J&J
Omaha Dlv 1st 3s g 1951--F& A
St Louis Div g 3s 1951
J&J
Gold 344s 1951
—J&J
Sp'fieid Div ext 34%s 1951 J&J
Western lines g 4s

4Hs ser
jsser

1st & ref 5s 2003 ser B

9854

9944

4344

43 44

1st & ref 444s 2003 ser

90

1st & ref 4s ser

8544

56

7844
6944

§1*
86

51

60

76
55

.75

2.60

b

1.25

1.50

b

1.60

b

1.60

1)

2.00

b

4448 series C, 1963
J&D
Indiana Bloomington & Western—
1st ext 4s 1940
A&O /
Indiana Harbor Belt RR—
Genl mtge 4s 1957
Gen mtge 4 44s 1957
Indiana Illinois & Iowa—

J&J
J&J

1st gold 4s 1950
Indianapolis & Louisville—

J&J

1st guar 4s 1956
J&J
Indiana polls Union—
^Ref & imp M344sserB'86 M&S
Internat-Great North Ry—
1st M g 6s 1952 series A—J& J
AdJ M 6s July 1952 ser A.April
1st M 5s 1956 series B
J&J

2.10

-

—

-

2.00%
0.75%
1.00%
1.10%
1.10%
1.50%
1.60%

48

4844

40 44

45.

14

106

„

12i%
„

1st M 5s 1956 ser C
J&J /
Equipment trusts—
444s ser, A 1940--rJA;D
4448 series B 1940-1942. A&O
Internet Rys (Central America)—
"i money 5s 1972
J&J
1st M 5s 1972 opt
M&N
1st 1 & ref 644s 1947
F&A
Debenture 4s 1961..
J&D
Iowa Central 5s ctfs 1938- .J&D
1st & ref g 4s 1951
M&S
Jacksonville Gainesville &
Gulf Ry 1st 5s 1951
-A&O /
Jackson Lansing & Saginaw
Bee Michigan Central

10

1044
2.00
2.50

1344
144
1044
1044

1.00%
1.50%

85

87

'9144

93

9544
5044
644
144

9644
—,

144
344

Ref & ext 6s ser B 1967—-J&J

106

444is 1940 guar opt.M&N
„

5344

5544

10044

1st 4s 1990-.A&O
Kan City Ft Scott & Memphis—
Ref g 4s 1936 guar
A&O

65

Certificates of deposit
—
Kan O Mem & Bir 4s 1934—M&S
Income 5s Mar 1934
Sept 1
Kan City Sou 1st g 3s 1950--A&O
'

11950--J&J
Eq tr 3s F Jan f 1941 1943
3s 19)4-1946
J&J
Kansas City Terminal Ry—
1st g 4s 1960 opt 1930——J&J
Ref & Impt 5s Apr

--

Kansas Oklahoma & Gulf—
1st M 5s 1978
J&J
Kentucky Cent 4s g 1987
J&J
Kentucky & Indiana Term RR—
fist gold 444s 1961J&J
t444s stamped 1961
J&J
,444s plain 1961
J&J
1st mtge 444s unguar 1961-J&J
Lake Erie & western RR—
1st mtge 5s ext at 3 % to'47 J&J
2d 5s 1941-J&J
Lake Shore & Mich South—

Cong g ref 344s 1997
J&D
Leamington & St Clair 4s '45 A&O

3444

8844
35

35

Lehigh Valley—
1st gold 4s 1948-....——.J&D
Con M 6s ann irred-.
J&D
Con M 444* ann Irred
J&D
Gen cons gold 4s 2003
M&N
4s assented 2003
Gen con gold 444s 2003..M&N

4448 assented 2003
Gen con gold 5s 2003..—M&N
5s assented 2003

-

Lehigh Valley Ry of New York-rlst 444s gold 1940.......J&J
444s assented 1940
Lehigh Valley Term 6s 1941 A&O
Ka
O

Qopnti

ted 1941

Lehigh & N Y 1st 4s 1945—M&B
Lex & East'n 1st gu 5s 1965--A&O

2.10

6744
6844
1.00%
1.60%

10744

10744

9744
10644

9844

6644
6744

Little Rock & Hot Spr West Ry—
1st gold 4s 1939 guar
J&J /
Long Dock cons 354s 1950—A&O /
Long Island—
Unified g 4s, 1949
M&S
Refunding mtge 4s 1949..M&S
4s stamped 1949-.-....M&S
Equip tr 4448 1941-45 (yr)_F&A b
Louisiana & Ark 5s A 1969
J&J
Equip trust 344s to 1946..A&O b

1st mtge gold 5s 1946—..J&J
Louisville & Jeffersonville Bridge

Guaranteed gold 4s

1945--M&S

2.75

78

15
43

46

41

45

90

1977.

1st 4s 1957
J&J
Middlesex Val 1st 5s 1942.-M&N
Midi RR 4% franc bonds

J&D /
/

f
/

/

Minneapolis Northfleld &
Southern Ry 1st 6s '41-.M&S

11

.

1544
65
43
33

\1V*

66

47
38

25

1344

1444

7 44
144
44
I

82

83

Mo-Illinois

75

Mo Kans & Okla 5s 1942

88

90

Missouri-Kansas-Texas

80

83J4

47"

cons

RRlst5s

1959. .J&J f

2.00

8944
1.25%

4344

4444

67

i*

II*

1444

15 H

18*

II*

15

16

1744
1744

20

1844
5044
45
-

-

54

34

11644

60
101

107

10
6344
8944
8944
89
2.75
84 h

2.75

61

3.00

544
544
5 44
25

244
6044
144

6244

2.00%

RR—

1344
1144

Prior lien 5s 1962 ser A
J&J
Prior lien 4s 1962 ser B
J&J
Prior lien 444s 1978 ser D.J&J

AdJ M 5s Jan 1967

ser

A-.A&O f

b

1st gold 4s 1990
J&D
Mo Pacific RR (new company)—
1st & ref 5s Jan 1965 A
F&A /
Certificates of deposit..
/
1st & ref 5s 1977 ser F...M&S /
Certificates of deposit
/

1st & ref 5s 1978 ser G...M&N /
Certificates of deposit...... /
1st & ref 5s 1980ser H
A&O/
Certificates of deposit..
/
1st & ref 5s 1981 ser I
F&A
Certificates of deposit..
/
Conv g 544s 1949 ser A_._if&N /
Secured 544s 1939-1956—-J&D f

EquiptrustSs 1940(yr).. .M&So
Eq tr 4 V4* *40-,44 F (vr) _.M&N b
Equip tr 244s 1940-1949--F&A b
Mo Pac (old)—Gen 4s 1975.M&S /
3d ext 4s July 1 1938
M&N/
Mobile & Birmingham—
Prior lien 5s. 1945
5s small 1945
Gen M g 4s 1945.
4s small 1945
Mobile & Ohio—

Gen gold 4s. 1938
..M&S /
Ref & impt 4Kb 1977——M&S /

Secured 5s 1938

9044
9044
9044

2.00%
8444
2.00

...M&S /

Eqtr 4s 1940-1943
M&S b
Eq 444s 1941-1942 (yr)-.J&J15 b
Montgom Div g 5s 1947—F&A /

11144

14

2344

'244
X

General 5s Jan 1 1938
New Lon Nor 1st 4s 1940
J&J
New Orleans Great Northern—

10044

..J&J
J&J /

7854

Income deb 5s 2032
New Orl & Nor East 6s 1915

13

Extended at 5% 1940
M&N
Ref & impt 444s 52 ser A..J&J
New Orl Term 1st 4s 1953..J&J
New Orleans Texas & Mexico—

99

Equip trust 444s.
Newport & Cincinnati Bridge—
1st M g 4Hs 1945 guar
J&J
Newport & Richfor Is 5a 1941..

"

55

/
/
/
/
/
*

*

*

b

14

5944

694*

69j|

28

34

33
32
3444
3244
314*

3744

28"

3254
3444

2~60

2.00%

jC

35
33
35
40

29

111
99

New York Central RR—
Cons mtge 4s 1998 ser A
F&A
Ref & impt 444s 2013 A...A&O
Ref & Impt 5s 2013 O
A&O
10-year 354s sec s f 1946..A&O
3 44a conv secured 1952
M&N
New York Central & Hud Riv

W*
57 X

Ref g 344s July 1 1997—J&J
Deb 4s 1942 tax-exempt
J&J
L 8 coll tr g 3X8 1998— ..F&A
M O coil tr g 344s 1998—F&A
Spuyten Duyvil & Pt Morris
34*s 1959—
J&D
N Y Cent equip trusts—
444s 1940-1945
—M&N
2 Ks Mar 15 1940-1952
New York Chicago & St Louis—
1st 344s extend 1947
A&O
Ref 544s 1974 ser A—
A&O
Ref 444s 1978 ser O
M&S
10-yr 6s coll tr 4s 1946
F&A
3-yr 6s ext'd notes 1941
A&O
Equipment trusts—
254s 1940-1947—..
M&S b

7544
9044
5944
5644
95

1.85
2.25

8244
6344
53 X
82

81X

2.50
3s 1940-1951
2.75
J&J b
3.00
4s 1940-1949
M&S b
New York Connecting RR
1st M 444s 195)4 series A
10544
F&A
107
1st oruar 5s 1953 series B
F&A
New York & Erie RR—
A
92
1st 4s ext g 1947
-M&N
2d ext 5s 1939
82
—M&S
3d mtge 444s 1938
75
M&S
New York & Greenwood Lake—
e

1st guar g 4s 1991
..M&S
Consol gold 344s 2002...M&S
Monon Coal—See Chic Ind & Lou

2.50%

26 44

17

1644
144
144

1.50
2.50
2.50
244

73

92
3244
37
3.00
2.75
1844

51
44

106

-

17H
i77*
1744
1744

17*
144
!24
.00%
.75%

74A

63
95

33
39

2.25%
2.00%
2444
55

10644

120

b Basis,

/

48
4244
39

35 44

f Price includes accrued interest,

1344

M&N

4344
4144
3644

95

36

1st & ref 4s ser A 1973—.M&N

55

1st & ref 444s 1973 ser B..M&N
New York & Long Branch-

63

General

17
1644
17
1644
17
1644
17
1644

Gen 6s 1955
A&O
125
Montana Wyoming & Southern—
1st mtge gold 5s 1939
M&S / 41
Montauk Ext 1st 5s 1945....J&J
89

Montgomery & Erie 1st 5s 1956-

Guar g 5s 1946

N Y & Har 1st
g 3 54s 2000—M&N
N Y & Hob Fy 5s May 1946- J&D
New York Lack & Western—

Mohawk & Malone—

Monongahela Ry Co—
1st mtge 4s ser A I960*..M&N
Monongahela Sou 5s 1955
A&O

108

1144
544
3.40

80
74
63
6144

J&J
..J&J
—J&J
J&J

12

t Secured interest at exchange rate of 4.8665.

85

75

73

26

10944

b

M&S

Eq tr 2 44s 1941-1952
F&A
Missouri Kan & Texas Ry Co—

112

-

244
144

36

-

78

-

IV*

78
78

60

4044
4044
4944
4944
3244
11244

57

424*
20

36

J&J
J&J

50

Minn St P & Sault Ste Marie—

Equip trust 2 44s 1940-1949F&A

New Eng cons 4s 1945 gu
Oonsol g 5s July 1 1945

New Haven & North amp to nRef cons 4s 1956
..—J&D /
N J June 1st 4s gu 1986
F&A
N J & N Y 1st ext 5s 1950—M&S

45

32

Minneapolis & St Louis—
5s ctfe of deposit 1934
M&N /
1st refdg gold 4s 1949—.M&S /

1951 /
M&N

1st M 44*s 1956 series D..F&A
Certificates of deposit

844
'

%

off—1951

receipt No 4 on
Naugatuck 1st 4s 1954

6344

96

^

Sept 1 1951—M&S

■

coupon

Assent cash warrant and scrip

7544

58

9244

87

89

1951....

65

Grand River Valley—
..M&S
1st 4s 1959.
Jackson Lansi:
nsing & Saginaw

1st

X

4s(Apr 1914 coupon on)

con

60

63

.

80

11*

1st

Non-cum inc 5s '35 ser A
A&O
Certificates of deposit.
1st 5s 1954 series B
A&O
Certificates of deposit
1st M 54*s 1954 series A..A&0
Certificates of deposit
1st 5s 1956 series O
F&A
Certificates of deposit.

Michigan Central—
Ref & impt 4 44s 1979 ser C-J&J
1st gold 344s 1952
M&N

1st ext 4 Ms 1939.
J&D
Con ext 4 44s 1939
J&D
Mil Sparta & NW 1st 4s 1947M&S
Mil&State Line 1st 3 44s 1941 .J&J

X

1977

National RR of Mexico—
Prior lien 444s assent cash

50-year 1st 5s 1983
113
85

4s Sept 1914 coupon off—1977
4s Asst(cash warr & coup).1977

Morris & Essex 344s 2000
J&D
Oonstr'n 5a 1955 ser A—.M&N
Constr'n 444s 1955 ser B.M&N




2124
2.00%
2.00%
82

31

80"

Louisiana & North West RR—
1st M gold 5s 1935
..A&O /
Louisville Henderson & St Louis—

65
2.75

gold 4s 1938
J&J /
5
1st cons gold 5s 1938-—
J&J /
5
1st cons 5s 1938 gu int
J&Ji/
544
2d M gold 4s guar 1949-—J&Ji
23
1st ref 6s 1946 series A
J&J /
144
1st ref 544s 1978 ser B
J&J
5844
25-year 5 44s 1949
-M&S /
144
Minu Terminal 1st 3 44s *50--J&J
40
Minn Transfer Ry 344s 1956. J&O
103
Missouri Illinois Bridge and Belt
RR cons 4s 1951
J&J
7244

1.50

Lincoln Park & Charlotte—
58 1939
J&J
Lltchf & Madis 1st 5s 1959.M&N
Little Miami guar 4s 1962—M&N

74*

Certificates of deposit

Lehigh Valley Harbor Term Ry—
F&A

7844

—

68

43

1st mtge 5s 1954..

7854

Ref & ext 58 Feb *62 ser A.Q-F /
Certificates of deposit..
/
1st 7s ext at 6% 1932
J&D

76

110
Gen mtge 4s ser A 1965...A&o
Equip tr 4 44s G 1940-45
M&N 6

75
92

1st g gu 5s Nov 1 1959—M&N
Meridian Term 4s '55 guar.M&N

1st 344s

on

warr't & scrip ret No 4 on '26
91

Milwaukee & Northern—

,105
107

Kana & Mich

7944

73

AdJ M Apr 1 *53 ser A
Sept
AdJ 5s series 3 1953 Sept.....

104

1944—__J&p
Kanawha Br & Ter 5s 1948.A&0
1st os June 1

scrip receipt No 5

J&J

_

J4

Assent cash warrant and

April 1914

Mexican International—
4s Sept 1914 coupon on

X

scrip receipt No 4 on 1957.
Gtd gen s f 4s (Apr '14 coup on)
April 1914 coupon off 1977

11144
7644
10644

H

Assent cash warrant and
,

81

J&J

ext at 5% to 1940-- — —A&O
Midland Valley 5s 1943..—A&0

Joplln Union Depot Co—
1st g

79

1st mtge & coll 4s ser A 45 J&D
Conv gen 444s ser A 1960-J&D
Secured 6s 1959 1st ser--J&J
6s 2nd series 1959J&J

(Foreign series) 1960

10544

10644
10444

2
69IS

July 1914 coupon on 1957...
July 1914 coupon off 1957

Maine Central—

Midland of New Jersey—

Jacksonville Terminal—

Jamestown Frank & Clearfield
1st g 4s 1959 guar..
J&D
Joliet & Nor Ind—See Mich Cent

1st 5s 1947
Macon Terminal 5s 1965

104

Chattanooga & St

1st M 4s 1978 ser A
..F&A
Eq tr 2 44s 1940-1952
M&S b
National Rys of MexicoPrior lien 444s—
Jan 1914 coupon on 1957....

1.75%
10144
10444

Joliet & Northern Indiana—

244

1st & gen mtge 5s 1967
J&J
Ref & ext 5s ser A 1967—J&J

2.25

10144

1st gtd 344s 1941--------J&J f
Maryland & Pa 1st g 4s 51-M&S
1st cons A 6s 1963—--.—A&O
M'shfield & S'east—See Wis Cent
Memphis Union Station Co—

59

1044
105

82

E 2003--A&0

Manila RR Sou Lines—
1st 4s extend 1959—.... M&N
Manitowoc Green Bay & Western

112

5544

1st &ref 394s ser

Eqtr 244s 1940-54—_
Coll trust 344s 1950
J&J
Coll trust 4s I960-_J &J
Atl K& Cin Div 4s 1955—M&N
Pad & Mem Div 1st 4s '46-F&A
St Louis Dlv 2d 3s 1980-M&S
Mob & Mont 444s 1945—M&B
Southern Ry Joint Monon
collateral 4s, 1952-——J&J
L & N Term 1st g 4s '52 gu J&D
Macon Dublin & Savannah—

Equipment trust 5s...
Equipment trust 544s.

98
107

T

101 4*

-J&J
A&O
O—A&O
D 2003—A&O

55

b

111 Cent RR Co & Chic St L & J
N O RR Jt 5s, A, 1963—J&D

Louisville & Nashville—
Unified gold 4s 1940

4544

M, 1940-1941—M&N b

{a ser N. 1940-1941—A&O
is ser O, 1940-1942—J&J
js ser P. 1944
A&O
4s ser Q, 1940-1944
F&A

Nashville

52

Bid

Bonds

Ask

4444

5644

M&S
L. 1940--—A&O

Bid

Bonds

60

Equipment trusts—
3s ser R, 1940-1952

and defaulted bond*
possible for the closing day of the month preceding the date if issue

Ask

65

1951—F&A

69

BONDS

"and interest" except where marked "f" and Income

gold 4s 1941..

724*

1

76

General 1st 5s 1941
M&S
NY & NE Bos Ter 4s 1939—A&O
N Y New Haven & Hartford—

7544
•

Deb
Deb
Deb
Deb
Deb
Deb
Deb
Deb

6s Jan 15 *48 conv..J&J15
4s May 11957
—M&N
4s

July 1 '55 non-conv J&J

4s 1956 non-conv
M&N
4s 1947 non-conv...M&S

344s March 1947

*

*

•

16

M&S

344s 1954 non-conv—A&O
344" 1956 conv....
J&J
15-year secured 6s 1940
A&O
1st & ref 4)4s 1967
J&D
Equip.trusts 3s 1940-1951 M&S
4 4*s 9-15-40 to 3-15-45M&S 15
444s 1940-1946—
J&J

'f

5s....................
Har Riv & Pt Ches 4s '54 M&N
N Y & N J Ferry 5a 1946
J&J
New York Ontario & Western
Ref 1st g 4s June 1992—M&S
Gen M g 4s 1955 red..... J&D
New York Pennsylvania & Ohio

b

Prior lien ext 4 4£s.

f
f
f

b

2.75

f

40

f
f

1950. _M&S f

1st & ref g 5s '61 opt '15—F&A
Certificates of deposit-.--.- j
Norf & South 1st 5s 1941.M&N /

n

Nominal,

r

2.50

2.75
2.25
61

2d mtge 4 4*81937
F&A
Gen mtge. 5s g 1940.....F&A
Term 1st g 5s 1943—M&N
N Y Westchester & Boston Ry—
1st M g 444s 1946 guar...J&J
Norfolk & Car 2nd 5e 1946—J&J
Norfolk Southern—

k Last sale,

15

2944
1844

b

New York 8usq & Western—
1st refunding 5s 1937.....J&J

1st gen g 5s 1954

1544
1544

b

New York Phila & NorfolkStock trust ctfiB 4s 1948
J&D
N Y Prov & Bos 4s 1942—..A&O f
N Y & Putnam 1st 4s g 1993.A&O
N Y Short Line 4s 1957
F&A
N Y & Stamford 4s 1958—M&N /

opt—J&JI/

Norfolk Term 1st gu 4s *61 -M&N
Norf Term & Transp 5s '48.F&AI

1944
444
1644
1644

544
254
8644
98
82

loo"
40
16
7
7

4844

544
99

1244
1244
60
24

10644
117

Payable in Canadian funds.

RAILROAD

70

BONDS

NOTICE—-All bond prices are "and Interest" except where marked **f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing da; of the month preceding the date of Issue

Bid

Bonds
Norfork & Western By—
1st con 4s 1996
A&O
Norrlst'n & Maine 1st 4s '62 M&S
Nor Cent 6s 1974 ser A—-M&S
Gen & ref g 4%s ser A'74_M&S
Northern Ohio Ry 1st guar 6s—

Bonds

122

Pitts & West Va Ry 4 %s '58A J&D
1st M 4%s 1959 ser B
A&O

^

121
113
107 M
49

'45-

40%

19451945-

40 %

Oct 1938 and subs coupons
Ctfs of deposit stamped—

Apr '33 to Oct '34 cpns
Apr *33 to Oct *38 cpns
Northern Pacific—

1.00

3.75

3.00%

54%
47 M
47%

1.90
1.90

90 M

7%

7%

108

55

5%
5%
5%
5%

4M
4M
M
4M
111%
117%
118%

119

105 M

106

Colony RR 4s 1938-—J&J

1st M 5%s 1944
F&A
1st M 5s 1945 series B
J&D
1st M 4Mb 1950 series O—J&J
Ore RR & Nav cons 4s 1946-J&D
Ore Short Line 1st 5s 1946--J&J
1st cons guar 5s 1946
J&J

106

Prov Sec deb 4s 1957 gu
Prov Ter 1st g 4s gu 1956

4

Reading Belt 1st 4s 1950
M&S
Reading Company—
Jer Cent 4s 1951 opt'06--A&O
Gen&ref4%s 1997 ser A..J&J
Gen & ref 4%s 1997 ser B.J&J
Eq 4%s 1940-'45 (s-a)—_M&N
Philadelphia & Reading RR—
Imp M ext g 4s 1947
A&O
Extended 4%s Oct 1 1943
Term 5s g gu May 1 '41 Q&F

Rio Gr West 1st 4s 1939-

1st coll tr 4s 1949 opt

13

Paullsta Ry 1st 7s

70

'42serAM&S15

103 M
105%
102%

Cons 1st extend 5s 1949 A&O

72"
104%

St Jos & Grand Island 4s '47.»J&J

A&O

52"

54

97 M
98

98%

4s series E

J

109

114%

115"

114

117%

114%
118%

101

101%

107
95%
95%
86%
89%
83%

107%

100

104

1.00

1911-1949.—J&J b

2.25

2Mb series G 1940-1950.J&D b
2 Ms series H 1940-1952 M&N b
2Mb Oct 1 1940-1954.. A&O b

1.80

Peor &

East

cons

4s

1.80
2.00

1940--A&O

67

2d cons lnc 4s 1990
9
Apr 1 f
Peoria & Pekln Union Ry—
1st g 5 Mb 1974 series A
107
F&A
Peoria Ry Ter 4s 1937 gu op. J&J f
55
Pere Marquette Ry—
1st g 5s July 1956 ser A.-J&J
63
1st g 4s July 1956 ser B..J&J
52%
1st 4Mb 1980 ser O
M&fl
57%

Equiptr4%s 1910-1945.. M&N b
Equip tr 2 Ms 1940-1947. .M&N b
Equip trust 2 %s 1940-'16 -J&J b
Perkiomen RR ext 2Mb 1951.J&J
Phila & Bait Cent 4s 1951—M&N
Phila Bait & Washington—
,

M&N

1st gold 4s 1943

Gen 4s April 1 1960—...A&O
Gen 5s 1974 series B
..F&A
Gen M 4Mb 1977 ser C- J&J
Gen

414s series

D

1981

J&D

2.00
2.00

2.00
83

100

2d gold 6s 1996

Certificates of deposit
St L Peo & N W 5s 1948.
J&J /
St Louis-San Francisco Ry—
Prior lien 4s 1950 series A. J&J
Certificates of deposit
Prior lien 5s 1950 series B.J& J
Certificates of deposit...
Cons in 4%s 1978 ser A—M&S
Certificates of deposit stpd—

•87
90

83%

0.50%
1.75%
1.50%
1.50%
1.60%

110

54.%
57%

1.50%
1.60%
1.60%
100%

114

115

108%
107%

109%

1990—J&J

83

1st consol g

—J&D

4b 1968

Mortgage 4s Dec 1 1996—J&D
St Paul East Gr Tr 4%s '47..J&J /
St Paul & Kansas City Short Line
1st guar 4 %s 1941
F&A /
Pacific ext 1st 4s £ 1940— -J&J
St Paul Union

J&J

Seaboard Air Line Ry Oo—
1st gold 4s 1950

8%

Stamped

— -—

A&O /
A&O /

95%

Pitts Bessemer & Lake Erie—
Cons gold 5s 1947
J&J
Pitts Cin Chic & St Louis—

117%

115%

Con g gu 4%s ser A 1940.A&O

103%,

103%

5% secured notes 1931
Receiver ctfs 3-3 %s '45—F&A

4Mb series B 1942

107%
108%

108

Atlanta-Birmingham Div—

4Mb series C 1942

A&O
M&N

4s series D 1945

M&N

109

3%s serieS E 1949

F&A
.J&D

105%
109

115%
115%

Gen M 5s 1975 ser B
A&O
Gen M 4%s 1977 ser C—J&J
Pitts Shawmut & Northern—

103%

6% receivers' ctfs 1927

F&A /

Pitts & Shawmut 5s 1959
J&D /
Pitts Shenango & Lake Erie—

105
98

16
38

/
/
/
/
/
F&A /

1st g 4s May 1

116%
116%
105%
105%
98%
20

1st gold 5s 1940
A&O
102%
Cons 1st g 5s July 1 1943--J&J
113
Pitts Term RR & Coal 5s '42. J&J /
50
Pitts Va & Char gu 4s 1943.M&N
108

1933—..M&S /

Shamokin Sun bury &
2d ext'd 5s 1945

f This price includes accrued interest.




9%

7%

8

83
58
112

60

94

60

79%

61%
61%
20%

62

12%

62

23%

12%

v

12

12%
14%

14%
13%
11%
11%

14

11%
11%

2 75

2.00%
2.25%
2.25%

57%
28%
16%

-J&J
*55 gu—F&A
Sioux City & Pac 3 %s 1936. -F&A /
Somerset Ry 1st & ref 4s '55—J&J
1st M 4s July 2 1950.-----J&J
South Bound RR 1st 5s 1941 A&O /

Shrev Bdg & Ter 5s

Railway—
consol g 5s 1994

1st

90

4%

5%

5%

6%

97%

98%

115%

116%

56

J&D
Stephenville Nor & Sou Texas—
1st M guar g 5s 1940 stmp__ J&J
Sturgis Goshen & St Louis Ry—

102%
78%

110

1st 3s Dec 1 1989
Suffolk & Car con 5s 1952
Sullivan Co RR 6s 1944

11

10%
9%
1%
4%
4%

14

6

2%
4%
4%
6%

4%

6

5%

6%

64

65

12

15%

2%
2%

2%
3%

30

35

75

,,..,

1st consol gold 5s 1944
F&A
Gen ref s f g 4s '53 opt *10.J&J

114/8
107%

Ref & impt M 3%s B *74-J&J
Terre Haute & Peor 5s 1942.M&S
Texarkana & Fort Smith—
1st M 5%s 1950 guar
F&A
Texas City Term 6s 1941-J&J '26
Texas & New Orl 5s 1943-J&J
Texas & Pacific Ry—
1st gold 5s 2000

10

'0

,

,

89%
92
00
...

108
9<
08%
08%
08%

2d 5s Dec 1 2000
Ann Mar
Gen&ref5s 1977 ser B_—A&O
Gen & ref 5s 1979 ser O-A&O
Gen & ref 5s 1980 ser D-..J&D

Equipment trusts—

M&S

4%sserHH 1940
4%s ser JJ 1940424 %s ser A1941-43
ser

A&O
F&A
,_M&N

B1940-43

4 %sser C 1940 44.

J&D

b

1.00

0.50%

b

1.80

b

1.80

b

1.80

b

2.00

1.25%
1.25%
1.25%
1.50%

2.25

1.75%

b
2 %s ser D 1940-52
M&N
Tex Pac-Mo Pac Term RR—
1st M g 5%s 1964
M&S

Mary ii

97

106

J&D

91

84

J&J

92%

'

85%

'60 J&D
Div 1st 4s 1951 F&A

—

'

87

-

*

60

Toledo Peoria & Western RR—

J&J

99

1st gold 4s April 1 1950—A&O
Tol Term 1st 4%s *57 gu
M&N
Tol Walhoudlng Valley & Ohio—

66

1st mtge 4s ser B 1967'
Toledo St Louis & Western—

100%

aco
105

Gen 4%s 1946
—J&J
Union Pacific—
1st ry & land gr 4s « 1947—J&J
1st & ref 4s June 2008
M&S

35-year 3%s debs 1971—M&N
34-year 3 %s debs 1970—A&O
Eq tr 2%sserE 1940-'52..J&J
Union RR (Penn) 1st 5s '46-M&S

114%
107%
115%
95%
b

97
1.90
115

M&S

116

Union Terminal Oo (Dallas)1st mtge 3 %s 1967
-F&A

102

-

United N J RR & Canal Co—•
1st 4%s Sept 1 1979——M&S
General gold 4s 1944
M&S
1st 4s Sept 1 1948
—M&S
„

1st 4%s Feb 1 1973
Gen 1st g 3%s 1951
Vandalia RR 4s 1955 ser

F&A
M&S
A—F&A
M&N

Series B 1957
Vera Cruz & Pacific RR—

July 1914 coupon off—J&J'/.
Cash war & scrip ret No. 5 on J

1940--A&O

Vicksburg Bridge Oo—

__

'40--M&N
Gen 5s May 1 1941
M&N
ref & impt 5s 1973—
M&N

42

43%

Va & Southwest 5s 2003

47

...A&O
Virginian Ry 3%s A 1966..M&S
Eq tr 4%s 1940 (yr)
J&J

119%
73

Payable in Canadian funds.

g

110

113%
119
109

109%
109

5s 1958

%
86

„

1st s f 4-6s 1968
M&S
Vicksburg Shreveport & Pacific—

cons

119

1934---—J&J

Vermont Vail 1st 4 %s

1st

67

J&J

109%

105

M&S

1st g gu 4s 1942 ser O

100%

108%

Toronto Hamilton & Buffalo—
1st gold 4s June 1 1946—J&D
Consol M 4%s 1966 ser A.F&A
Transylvania RR 1st 5s 1956. J&J
Union Depot (Columbus, Ohio)—

44

18"

14

86

—

75"

16%

37

J&D
J&J f
A&O

Tavares & Gulf RR—
,...
1 st extend 3s 1948
...M&S /
Tenn Ala & Georgia 4s 1957
Term RR Assn (St Louis)—

1

r

102

65

70

72

20%
21%

*

Pr lien 6s '15 ext 5%

94

12%
66

Susquehanna Bloomsburg &
102
Berwick RR 5s 1952.....A&O
5%
Tampa & Gulf Coast g 5s'53.A&0 f
Tampa & Northern RR—
5s (stamped 3s) 1936
J&J f 40
91
Tampa Union Sta 5s 1940. .M&N
30
Tampa Un Terra 4-6%s '53—J&J

Deb 6s 1946

125"

1.50
2.00
2.00
51

J-

1st & ref 5s June 2 2008.-M&S

70

Nominal,

80%
b

Staten Isld Ry 4%s 1943

1st 4s 1956
+_
Toledo & Ohio Central—
Ref & imp M 3 %s ser A

75

87%
57%
76

4%s series OO 1940-44—J&D
Aiken Branch 4s 1998J&J
1st Mem Div g 5s 1996
J&J
St Louis Div 1st g 4s 1951-J&J
Spartanburg Union & Columbia—
1st 4s 1995
J&J
Spok Internat 1st g 5s 1955-J&J f
Stark Elec RR 1st 7s 1952
J&D f

Toledo Canada Southern & Det—

1.75%

82'

60
60

4s series BB 1940-1943.M&S b
b

St

gug 5s 1963
A&O
Southern 111 & Mo Bridge Oo—

n

.00
35

J&J

58

9%

cons

k Last sale,

b1

Develop & gen M g 4s *56- A&O
Develop & gen 6s 1956
A&O
Develop & gen 6 %s 1956--A&O
Equipment trusts—
4%s series AA 1940-41-A&O

South & North Alabama—
Gen

2.00
1.90
1-.90
2.30
2.30

Stamped (Fed tax) 1955.J&J

33

17

9

2.40

1.00

b
b
&
b
b
b

Southern

4s

Lewisb'g-—_

-

b Basis,

30%
10%

8%
8%
8%

128
55%
111%

51%
44%
47%
46%
45%
45%
52%

1st 4%s (Ore Lines) 1977-M&S
40-year 4%s 1968.
—M&S
50-year 4%s 1981
M&N
4%s 1969 with warr
M&N
10-yr secured 3%s 1946—-J&J
Equipment trusts—
4%s series H 1940
J&D
4%s series J 1940-1942—J&J
4Mb series L 1940-1944-J&D
4%s series M 1940-1945M&N
2%s Aug 1 1940-1954
2 Mb series N1940-1951 M&N
Pacific Fruit Express—
Eq 5s 1940-1941 D (yr).A&0
Southern Pacific (Golden Gate
Ferries) 1st 5%s 1949
A&O

1st mtg g 4%s

Seaboard-All Florida Ry—
6s ser A ctfs of deposit—....
/
6s ser B ctfs of deposit-—.—/
Seaboard & Roanoke 5s 1931-J&J /
Seacoast RR prior lien 5s '48_ A&O

107
109

1

7%
7%
7%

Salt Lake City Union Depot
94
and RR 1st 5s 1938.
—M&N
17
Salt Lake & Ogden 5s 1934
/
San Antonio & Aransas Pass—•
1st guar g 4s 1943
55%
J&J
San Fran & San Joaquin Val
1st g 5s Oct 1 1940
102%
A&O
San Fran Term 1st 4s 1950—A&O
77
Santa Fe Prescott & Phoenix
1st g 5s 1942
M&S
109%
70
Schuylkill & Leh 1st 4s '48.M&N
Scioto Val & N E 1st 4s 1989M&N
121%

94%

F&A

1

Depot—

1st & re.' 5s 1972

Co.

M&N

39"

St Paul & Dulutb—

J&D

48 series H 1960

45"

105"

,

93

4Mb series I 1963
F&A
4Mb series J 1964
..M&N
Gen M 5s 1970 ser A..
J&D

loo"

9

3.00

Equipment trusts—
4%s series K 1940-1945-J&J b

Piedmont & Northern—

48 series F 1953-.4s series G 1957

104"

Southwestern—

Adj mtge 5s Oct 1 1949—-F&A
Ref gold 4s 1959 opt
A&O
Certificates of deposit
1st & cons 6s 1945 ser A--.M&S
Certificates of deposit--.—

3%s 1966:.

102%

St Paul Minn & Manitoba—

104

8

101%
102%
103%

4%s series DD 1940-45-A&O

Gen & ref 5s ser A

64%

101

Phila & Reading RR—-See "Readi n g
Philippine Ry 1st 4s 1937.
J&J /
Certificates of deposit
/

1.50%

3.00

1st g 4s 1989
M&N
2d g lnc 4s Nov 1989
J&J
1st term & unif 5s 1952—J&J

,

72

1.85

Equipment trusts—
4%s series BB 1941
F&A
4s series CO 19 40-1943-M&N
St Louis

68

9%

A&O

St Louis City—See Pac of Mo
St Louis Iron Mt & Sou—
Riv & Gulf Divs 4s 1933-M&N

96%
96%

109%

Phila & Chester Val 4s 1948. A&O
Phila Newton &M Y3s 1942 A&O

St Lawr & Adirond 5s 1996—J&J

57
62

A&O

Johns & L Cham 5a 1944.M&S

St

60

Penn Ohio & Detroit RR—
1st & ref 4%s 1977 ser A..A&O
1st & ref 4Mb series B 1981——

Pennsylvania RR—
Con M 4s gold 1943...—M&N
Con M 4s gold 1948
M&N
4s stamped 1948.
M&N
Con M 4Mb gold 1960—..F&A
Gen g 4 Ms 1965
—-J&D
Gen g 5s Dec 1 1968
J&D
Gen M 4Mb 1981 ser D—A&O
Gen M 4Mb ser E 1984..-J&J
Deb 4Mb 1970
A&O
Gen M 3%s ser O 1970—A&O
Conv deb 3%s 1952
A&O
30-yr secured 4s 1941-1964. J&J
Equipment trusts—
4Mb series D 1940-1941 M&N

stamped 1941

St Clair Term RR 5s 1950—M&S

54"

60

,

/
/
/
J&J /

63
61

102

59

80

St Clair Mad & St Louis Beit—
|
Alton Bridge 1st g 4s '51—J&JI

58"

Cons mtge 4%s 1939
A&O
Cons 1st extend 4%s'49 A&O

M&S /
Ry—

1st M 4%s 1957
J&J
Rutl Can 1st g gu 4s 1949.
J&J
4s stamped 1949
J&J
Rutland con 4 %s 1941.—-—J&

4%s

105%
107

100

43

A&O

1st guar 4%s 1934
Rock Island-Frisco Term

16

10%

100%

—J&J

Rock Island Ark & Louisiana—

10

80

9

100%
103%
107%
35%
%
%
28%
10%

Bid

Southern Pacific RR Co.—
1st ref g 4s 1955 opt 1910—J&J

70
75

Fredericksburg & Potomac—

72

104"

"5%

el*
83

99%
98%

Cons mtge 4%s 1940
A&O
Rich & Mecklenb'g 4s 1948.M&N
Rich & Petersburg 4 %s 1940 A&O
Richmond Term 1st 5s 1952.J&J
Rio Gr June 1st gu 5s 1939—J&D
Rio Gr So 1st g 4s 1940
—J&J
1st g 4s guar 1940
J&J

101%

80

rAH

Delaware River Terminal—
1st 5s 1942.—
M&N
Rensselaer & Sara 6s 1941.-M&N

6% franc bonds (foreign series)
red to 1956
_J&D
Paterson Extension 5s 1950-J&D

Cons mtge 4s 1939
Cons extend 4s 1949

75

—J&J/

72

75%

70

100%
87%
101%

103

Rich-Washington 4s 1943—J&D
74%

41%
3.25%
3.00%

_

M&N /
M&S /

Paris-Orleans RR—

Pennsylvania Company—
28-year secured 4s 1963—-F&A
Gu tr ctfs g 4s 1952——M&N
Gu tr ctfs g 3 Ms 1941
F&A
Gu tr ctfs g 3 Mb 1942
J&D
Gu tr ctfs g 3%s 1944.—J&D
Pa & N Y Canal con 5s 1939 A&O

98

86%
100%

A&O
Raleigh & Augusta Air Line—

Rich

South Indiana 1st g 4s 1951—F&A
Southern Pacific Co—
Coll tr 4s (CP) Aug 1 *49-J&D

104%

Prov & Wore 1st 4s 1947

1931

Bonds

51

110%

F&A
J&D
J&D

1947--J&J /
Raleigh & S'port Ry 5s '65--J&D

26

4.00

106

1st 5s

29

4.25

1st gen 4s series A 1948—-J&D

Ral & Gaston 1st 5s g

78

„

£

b

1st M 5s 1962 series B
1st gen 58 1974 series O
1st 4%s series D 1977

Guar 5s 1961
J&J
Portland & Rumford Falls—
5s 1951
M&N
Potomac Val lstgu5sg 1941 -J&J

Ask

44

39%

.

Port Reading lstgu 5s 1941—J&J
Portl (Me) Term gu 4s 1961-J&J

64%
40%
44%
54%
48%
48%
0.50%

64%
40 M
43 M

Eqtr 4Mb 1940 (vr)—M&S15
Eq tr 4s 1940-1949-J&J
Eq tr 2%s 1940-1947
M&S
Eq tr 2Mb 1940-1946
J&J
Nor RR of N J gen 4Mb 2000. J&J
North Pennsylvania RR—
Gen g3 3-lOs 1953—-—J&D
N'western Term Go 5s 1948-F&A
N'western Term RR 5s Apr 1977Norwich & Worcester 4 Mb '47M&8
Ogdensburg & lake Ghamplain-1st guar g 48 1948—-—-J&J
Ohio Connecting 4s 1943—M&S
Ohio & Little Kanawha 6s *60 M&S

Oregon-Washington RR & Nav—
1st & ref g gu 4s *61 opt--J&J
PacFruit Express—See Sou Pac—
Pac of Mo 1st ex g 4s 1938—F&A
2d ext 5s gold 1938
J&J
Cardelet Br 1st 4Mb 1938.A&O
St Louis City real est 5s *38 J&J
Paducah & 111 1st 4Mb 1955-J&J

45

50

Prior lien g 4s Jan 1997
Q& J
Gen lien g 3s Jan 2047-—Q&F
Ref & imp 4%s 2047 ser A.J&J
Ref & imp 6s 2047 ser B—J&J
Ref & Imp 5s 2047 ser O—J&J
Ref & imp 6s 2047 ser D.-.J&J

Old

1st M 4%s 1960 ser O
A&O
Eq tr 3%s Apr 1 1940-1946—Eq tr 2Mb 1940-1946
J&D
Pitts Young & Ashtabula—

80

Apr 1 1935 & sub coups 1945—

Bid

Ask

69%
99%
99%
84

55

61%
106%
1.00

114%
108
116
97

97%
1.30%

March, 1940]

RAILROAD

71

BONDS

bond price# are "and Interest" except where marked "f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—All

Bid

Bonds and Stocks
Wabash Railroad Co—
1st gold 6s 1939
2d gold 6s 1939.

M&N
F&A

Deb mtge 6s series B 1939. J&J
1st lien term gold 4s 1954. J&J
Det & Chic ext 1st g 5s '41. J&J
Des M Div 1st g 4s 1939—J&J

Toledo & Chic 4s g 1941—M&S
Omaha Div. 1st 3lis g '41.A&0
Wabash Railway Co—
Ref & gen 5ka 1975 A—-M&S

Certificates of deposit-.
Ref & gen 5s 1976 ser B—F&A
Certificates of deposit
Ref & gen 4 k* 1978 ser O.A&O
Certificates of deposit.
Ref & gen 5s 1980 ser D..A&0
Certificates of deposit..
Warren 1st ref K 3 J4s 2000--F&A
Washington Central Ry—
1st 4s Mar 1 1948
Q-Mar
Washington Co Ry 1st g guar
3ka Jan 1954 opt 1924..
J&J
Washington & Franklin Ry—
1st extend 4ka 1954
J&J
Wash Term Co—3ka 1945--F&A
1st gold 4s 1945 guar

F&A

Washington & Vandemere—
1st 4ka 1947
F&A

Par

Bid

Ask

Catawissa RR 1st pref (guar).-50
2d preferred (quar)- ————50

37
37

39

17

20

Ask

Stocks

40

42 k

17 k
20

18

25

28 k

Cayuga & Susq (gu D L & W)_30
Central of New Jersey
100
Chattahoochee & Gulf (guar)-100

46

Chesapeake

mm

13

-

16
42 k

-*

Corp

Chesapeake & Ohio common—25

9

9k

7k

7k

9

9k

Preferred series A
100
Hill (guar)
-50
Chicago Burl & Qulncy
100
Chicago & Eastern Illinois—
6% preferred
—100
Chicago Great Western com—100
4% preferred
100
Chicago Ind'polis & Louisville 100
4% non-curn preferred
100

7k
8k

7k

Chic Mllw St Paul &

10k

12

7k

8

9

9k

7k

8

Chestnut

70

50
45 k
100
108

47 k

109

Eq tr 4 Ms E 1940-1941—J&D
Eq tr 2 Ms 1940-1946
J&D
Eq tr 2s G 1940-1949West NY & Penna 4sl943.A&0
Western Pacific RR Corp—
1st M 5s 1946 series A
.M&S
<
Assented 5s 1946-.—
Equipment trust 5s
Western Ry of Ala 4 Ms '58-.A&0
Wheeling & Lake Erie RR—
1st consol gold 4s 1949---M&S
Eq tr 2Ms F Nov 15 '40-'49
Wheeling Term 4s 1940
F&A
White & Black River Valley—
1st 5s 1980—
J&J
Wichita Falls & Southern—
1st 5s extended 1948
J&J
Wichita Union Terminal Ry—
lstggu4Ms 1941 opt--..M&N

1.75

1.75
2.00

108 k

83 k
89 k

1.00%
1.00%
1.50%
108 k

17 k
16 H

115k
1.65

3.00%
116k
1.00%

101
4

Wilm & Newborn 4s 1947

F&A

Wilmington & Nor 4Ms '77.. J&D
Wilmington Ry Bdge 5s '43.A&0

Winston-Salem Terminal
1st

s

J&J
M&S

20
65

75"

92

97

96

109^
....

Wisconsin Central Ry—
1st gen g 4s 1949
J&J
Certificates of deposit...

A&O

1st & ref 4s 1959

Sup & Dul Div 4s 1936— _M&N
Certificates of deposit
Marshfield

&

S'eastern

div

17k

17 k

13 k

19

6k
6k
6k

7

7k
12

4s

M&N

1951

Worcester & Conn Eastern Ry—
1st gold 4 Ms 1943
J&J
Tosemits Valis f g 5s 1936--J&J f

31

9k
17 k

non-cum

4% 1st non-cum preferred.-100
4% 2d non-cum preferred—100

RAILROAD

....

20

Preferred

50

74

50

85

Alabama & Vicksburg (gu)—100

Albany & Susquehanna (gu)_-100
Albany & Vermont (guar)-.—100
Alleghany Corp common
*
5M% pref (with $30 warr)_100
5M% pref (with $40 warr).100
5M% pref (without warr)__100
2M% prior conv pref
♦
Allegheny & West (6% guar)-100
Atchison & Eastern Bridge—100
Atchison Topeka & Santa Fe.100

5%

non-cum

100

pref

Atlanta Birm & Coast Pf (gu)_ 100
Atlan & Char Air L (guar)
100

76
88

71

127'
42"
Vs
11k

ks
k

'o/c,
VS

k

Vs

93

UK

10

Dayton & Mich com (guar)
50
Preferred (guar)
50
Delaware & Bound Br (guar). 100
Delaware & Hudson Co
100
Delaware Lack & Western—

50

Delaware

25

(guar Perm)

11

im

15 k

50

100
100

100

preferred

Detroit Manufacturers (guar) 100
Dover & Rockaway (guar)—100

23 M

51M

52

68

70

136

126
63

IV
3M
4M
3%

66

78

~4~"
4H
4k

32

lk
3M

78

2k
4M

37

39

87

90

137

6% non-cum preferred
East Mahanoy (guar)
East Pennsylvania (guar)
Elmira & W'msport (guar)
Preferred (guar)

100

Erie

50
50
50
50

1

2

4M

6

45
20

30""
k

36

63

66""

46

49

67

70

1M

lk
2k

lk

ik

6% preferred

—

-100

Hartford & Conn Western--. 100
Illinois Central
100
Non-cum 6% pref series A--10C
Stk tr ctfs—See RR

100

43

46

69

72

5preferred
Chicago(guar)

59

62

100

160""

155
1

3

5

8

2

5

2M

5

57

50

3k
15M
k
Ilk
21k
40 M

~3k
17M
1M
Ilk
22 k

60
35

7

19

19M

18

4% non-cum preferred.
100
Lackawanna RR of N J (gu)--100

18 %

30

Lake Superior & Ishpemlng

Augusta & Savannah (guar)._100
Avon Gen & Mt Morris (gu)-100
Bait & Cumberland 7% gu
50
Baltimore & Ohio common
100

4% non-cum pref
100
Bangor & Aroostook com
50
5% conv preferred
100
Beech Creek (guar N Y O)
50
Belgian National Rys Co—
American shares partic pref—

6%
11k

5M
6M
Ilk

44 M

45

30M

32

Louisville Henderson & St IxjuIs

64 %
83

67

Louis & Mo Riv pref (guar)--lOO

30

35

85

Louisville & Nashville

55

56 k
17

Unstamped—
1st pref 5% class A
1st pref 8% class B
1st pref 7% class O
1st pref 10% class D
1st pref 4M% class E
6% non-pum preferred
7% prior preferred
Stamped—

-.100
100

2

2%

100
100
100
100
100
100

2

3M
3M
3M
3M

100

2

2
1

J<

8M

2

2%
2k
2H

2

2k

2k

4h

100

2

1st

100
100
100
100
100

2

1st

1st
1st

pref
pref
pref
pref
pref

5% class A
8% class B
7 % class C
10% class D
4 M % class E

6% non-cum pref stamped. .100
Boston & Providence (guar)-.100
Boston RR Holding pref
Camden & Burl Co (guar)
Canada

Southern

(guar)

100
25
100

Canadian Pacific
25
Oaro Clinchfield & O (guar)--100

♦No par value.

~2~~

7M

Common
1st

*

2

2

5




__100

Lykens Valley RR & Coal (gu)_20
Pref

Maine Central

5% preferred
6% prior preferred

16
51
7

21H

22k

100

55

60

100

61

66

Michigan Central (guar)

100

650

850

Mill Creek & Minehlll Nav (gu)25
Mine Hill & Schuyl

36

4% leased line ctfs

Mississippi Central
Mo-Kan-Texas RR

7% preferred series A
Missouri Pacific

*

com

com

100
100

37

4% non-cum pref (guar)
100
Mobile & Ohio—See Southern Ry
Montgomery & Erie (guar)
10
Morris & Essex (guar)
50

5%

conv

preferred

100

38
20

30
51
9

30

22^
lVs
104

2k

33*Mi

Common

(guar)
(guar)

Preferred

45

19

65

5k
15
25 k
22
64

6%

Ry

non-cum

preferred
St Louis Southwestern

Seaboard Air Line

4-2%

non-cum

Southern

Ry

100

68

100

k

100
100

2k

k
4

92
35

k
k

*

common

100
100

preferred

60
28
12 k
16 k

28 k

Mob & Ohio stk tr ctfs
(gu)_100

39

Southwestern of Ga (guar)... 100
Stony Brook (guar)
100
Sussex (guar DL&W)
50
Syracuse Bing & N Y (gu)„.100

26

Tennessee

Central

Preferred
...100
Texas & Pacific Ry
100
Troy & Bennington (guar)
100
Troy & Gr'bush (gu N Y C)__ 60
Tunnel RR of St Louis
(guar). 100
non-cum

preferred

(guar)

100

Valley RR (1STY)

(guar)
100
Vermont & Mass (guar)
..100
Vicksb Shrevep & Pac (guar).100
5% non-cum pref (guar)
100
Virginian Ry—
New common
25

6%

8

6k
80
10 k
75

45
136
93

100
100

United N J RR & Canal
(gu).l00
Utlca Chen & Susq Val (gu).lOO
Utica Clinton & Bingham (gu)100

5%
5%

67
120

♦

preferred.

25

Ry

85^
242
49
9

25
62 k
87

59^
63
44 k

31 k
1

100

1st

preferred

4%

non-cum

6%

non-cum

49 M

51k

lk
lk

non-cum

Maryland Ry

preferred

cum

preferred

25
54

3k

..100

53 k
6

*.100

Ry

4% prior lien
5H%

55

100

com..

2d pref.
..100
Western Pacific RR Corp—
Wheeling & Lake Erie

5
28 k

13
36

preferred--.100'

common

non-cum

New

%

1

40

5% non-cum preferred
100
Saratoga & Schenectady (gu)-100
Schuylkill Valley Nav & RR(gu)50

Wabash

38 M
38

180

135

Vs
3 k

2

147

100

Western

27 k

150""
173 H
57 k
12 k

100

2k

1

43 k
83 k

100

3M
ik
k
3M
k

36

41 k

40

1

M

263

38

preferred A
100
non-cum conv pref B..10O
Ware River (guar)
100
Warren N J (guar D L &
W)__60
West Jersey & Seashore (gu)—50

100

100

15c"
85

Roch & Genesee Val RR
(gu)-100

Preferred

8

Massawippi Valley (guar)

Hav(gU)._50
Minneapolis St P & S S M—

20

Rome & Clinton (guar)
100
Rutland RR 7% pref.
100
Rutland & Whitehall (guar).. 100
St Joseph South Bend & Sou—

4%
36k

80

480

-.100

—

Union Pacific common

102

35

50

Mobile & Birmingham—

5M

3k

90

50
100

RR

(guar N Y Central)

2

...

100

60

100

80

100

97 k
30

Wilton (guar Boston & Me)..100

87

J Quotations represent dollars

Ex-dividend

100
48

19

35M
5%
85 M

3M
22

1

27 M

175

42 M
190

'

17
25

41M

50

Mahoning Coal

17 k

17

Preferred (guar)
100
Little Miami crlglnal guar
50
«per gti^r betterment stk.
50
Lit Schuvl Nav RR & Coaligu) 50

100

rlH
79*

10

14% 111 Cent stk ctf 1952—1000
Reading Co
50
4% non-cum 1st pref
50
4% non-cum 2d pref
50
Rensselaer & Saratoga Cguar)_l00

5%

21

(guar)

89 k

24

Shamokin Vail & Pottsv
(gu)—50
Sharon (guar Erie)
..50
Southern Pacific Co
100
55 M

53

6k

Preferred

155
75

100

St Louis-Sau Francisco

28

Lexington Union Station—

Prov & Worcester
(guar)..
Railroad Securities Co—

13 k

95

50

110k

100

7% pref (guar Pa RR )
100
Pittsburgh & Lake Erie
50
Pittsburgh & West Virginia...100
Pitts Youngs town & Ashtabula—
Preferred (guar)
100
Pittsfield & No Adams (guar) .100
Portland & Ogdensburg
(guar) 100

23 k

100

100

214 k

100
100

13

Ki.) Allegan A* Gr Rap (gu)_.100
K O St L & Chic—Pref (gu)_.100

-----

Marquette Ry com
5% preferred
5% prior preferred
Peterborough (guar)

22 k
50

98

Lehigh Valley.--.

Pere

St Louis Bridge 1st pref
(gu)
2d preferred (guar)

-.160
-100

Stamped

Pennroad Corp com
1
Peoria & Bureau Val (guar)—100
Peoria & Eastern
100

7% guaranteed

55

4M

com

non-cum

Rich Fred & Potomac—

89

Securs Co

Internat Rys (Cent Am)

100

100
pref
100
No Carolina (guar Sou
RR)„100
North Pennsylvania (guar)z
60
Northern Cent (guar Pa RR). 50
Northern Pacific Ry
100
Northern RR of N H (guar)--100
Northern RR of N J
(guar)
100
Norwich & Worcester pf (gu)-100
Ogden Mine RR (gu On N J)_100
Old Colony (gu
NxNH&H)
100
Certificates of deposit
Ontario & Quebec (guar)
100
Oswego & Syrac (gu D L & W) 50
Passaic & Delaware (guar)
50
Passaic & Del Exten (guar).-100
Paterson & Hudson River
(gu)-50
Paterson & Ramapo (guar)
50
Pemigewasset Valley (guar)—100
Pennsylvania IiR
50

Adjust 4%

41

2M

Greene (guar D L & W)
Gulf Mobile & Northern com.100

Norfolk Southern

lk

38

100

*
*
10C
100

100
__100

Piedmont & Northern
....*
Fgh Bess & Lake Erie (guar)
50
Preferred (guar)
50
Pitts Cin Chic & St Louis
(gu).100
Pitts Ft W & Chic com
(gu)
100

1st preferred-.100
2d preferred--100
Erie & Kalamazoo (guar)
50
Erie & Pitts (guar Pa RR)— 50
European & North Am (guar) 100
Fort St Union Depot (guar)-.100
Ft Wayne & Jack pref (guar)-100
Genesee & Wyoming
100
Georgia RR & Bank Co (gu).lOO
Georgia Sou & Fla common
100
1st preferred
100
2d preferred
100

-

preferred

47

non-cum

Preferred (capital stock
Green Bay & Western

conv

Ontario & Western

46

non-cum

common

7%
N Y

19

4k

19

Boston & Alb (guar N Y O)
Boston & Maine common

113

110
54

115

4%

Preferred

50

100

Atlanta & West Point
100
Atlantic Coast L Co of Conn._50
Atlantic Coast L RR com
100

5M

31 k

100

Phila Germ & Norris (guar).. 50
Phila, & Trenton (gu Pa RR).100

4%

Kansas City Southern new

68

6% preferred series A
com (gu)

N Y & Harlem

19k
5k

19

Duluth South Shore & Atl—

Joliet &

23

38 M

pref-100

Leased lines (guar)

10

lk

-

74

non-cum

20

100

Norfolk & Western Ry

Vs

(gu)-100

& Passumpsic pref

Consol Rys of Cuba 6% pref. 100
Cuba RR 6% non-cum pref—100

Great Northern Ry—
Iron Ore Prop trust ctfs

STOCKS
com

k
%

k

101

Goshen & Deckertown (guar)-. 10

A1 Great Southern

k

i

Columbus & Xenla (guar)
50
Concord & Portsmouth (gu)-.100

5%
12 k

111

(guar)
100
pref (gu) — ..100
Cleve & Pitts (gu Pa BR) 7%-50
Special guar 4%
-50
Colorado & Southern
100
5%

Detroit & Mackinac Ry

12 k

Co—

f guar 3 Ms 1970

—

lk
k
ik

k

Bloomfield

N Y Chic & St Louis com
—

37

Southwestern (guaO-

104 k

Winston-Salem Southbound—
1st gold guar 4s 1960

-

105

pref

Denv & Rio Gr West 6%
Detroit Hillsdale and

25

Wilkes-Barre & Eastern—
1st guar g 5s 1942
-J&D
Willamette val Southern Ry—
6s 1939
F&A

ik

—

100

IP
Conn

.

3.60
95

5c

Clearfield & Mahoning (gu)—50
Cleve Cine Chicago & St Louis—

Common

893-'8

New Orleans Great Northern_100
New York Central RR
*

2

86

83

K

42

lk

119

West Fruit Exp—See Gr Nor
Western Maryland 4s 1952.A&0
1st & ref 5Ms 1977 ser A..J&J

77

38

84

Cin Union Term 5%

18

(guar)
50
(gu)_-100

Newark &

117

59

44

New London Northern

20
100

Preferred

49 k

46

25

k

100

(guar)

56

25
100

95

100
100

Common

57

Unstamped (guar L & N)
Nashv Chatt & St Louis

58

Oin New Orl & Texas Pacific—

A&O

1st g s f 4s 1990

39 k

Nashville & Decatur—
Original (guar L & N)

32

75

Pacific—

7% preferred
6% preferred
Cincinnati Inter-Terminal—

49 k

West Shore 1st 4s 2361
J&J
West Virginia & Pittsburgh—

~4Vs

93

5% non-cum preferred
100
Chicago & North Western
100
7% non-cum preferred
-100
Chic R I & Pacific common—100

Preferred

109k

35

55

Common

36 k

5k

20

4M
39M

Bid

Stocks

39

4M

Par

Morris & Essex Exten
(guar). 100
Mt Carbon & Pt Carbon (gu)
50
Nashua & Lowell (guar)
100

per

$100 face

amount,

ft Basis.

/This price includes accrued interest.

* Last sale,

n

Nominal

bond prices are "and interest" except where

NOTICE—All

Quotations for all securities are as near as possible for tb

Stocks and Bonds

Par

Ask

Bid
Per

Adams Express com
—■
Coll trust 4s 1948-——M&S

754

AA

Ooll trust 4s 1947

J&D

4*$s stamped 1946

F&A

107*$

108*$

12.03
8.01

12.30

3.39
100

3.71

100*$

101

102

*

Aeronautical Securities
---Affiliated Fund com—...— l«2o
Sec

conv

Sec

conv

deb 4s 1949
J&J
deb 4*$s 1949—J&J

Air Investors

Convertible
Warrants

*

Aldred Invest Trust

com—♦
$3 convertible preferred-*
Holding Corp—-—--

Continental—
5s 1953
F&A

At
*

45

43

40

36

Deb g

15
101

101*$

4

1

Shares

Amer Business
Amer

A

—-

10c

Class B

S3 preferred
*
$5.50 prior pref
...
-*
Amer Cities Fr & Lt cl A-——25
Class A opt div ser w W—25
Amer Elec Sec partic

pref

*$
18*$

At
20*4
76

33*4

34*4

32

34

1

29*$

32*$
$2*$ preferred
1
35
$3 preferred
--1
.33
Amer General Equities Ins—25c
5*$
Amer International Corp
--*
103
Conv 5*$s 1949
J&J
3*4
Amer Insuranstocks Corp——*
41
American Investment (111)——-*
27*$
$2 preference25c
51*4
5% conv preferred
-50
15c
Associated Gen Util com v t c_
*
lnc deb 5s w w 1956
M&N /<
Income deb 4s 1961
M&N f
45$
Associated Stand. Oil Shs
2
42*4
Associates Investment Go
—*
99*$
6% preferred
---100
12
Atlantic Secur 4**s A 1953-A&O /
854
Atlas Corporation common
5
49*4
6% preferred
50
1 At
Option warrantsBankers National Investing—
75$
♦Class A
——1
354
5% preferred
4
Bankers Securities Corp com—50
12*$
6% preferred
—50
3.80
Basic Industry Shares———10
Beneficial Industrial Loan
*
21*$
55*$
$2.50 prior preferred
*
9*$
Beneficial Loan Society com
-*
107
6% profit share deb 1956--Q-J
♦Bfair & Co
1
15$
Blue Ridge Corp common
1*$
1
41*4
$3 conv preferred
100

—

42

15.33

35c

28
28

55$
44
100
•

—

—

—

8*$
49 54

*$
85$
4*$
5

14*$
'

-

.

22

.26

25.85

Bullock Fund Ltd

1

13*4

*
25

78

■-

-

—

—

145$

1/

zz

78

n*$

13

93

96

3.35

3.95

64

66

Canadian lnternat Lnv Trust—

—*

♦Central

Nat

Corp class A

*

♦Class B

Central States Electric Corp.

-100
100
100
100

7% preferred
Conv preferred
Conv pref series of 1929
6% cum preferred
Century Shares-Trust
Chartered Investors

common

-

Chicago Corporation
Convertible preferred
Christiana

Securities

Preferred

46

50

78

80

2*$
96

*4
6*$

92

26

30

2

3

*$
554

At
65$
254
2*$
25$

154
154
2

25.58

27.50

5*4

6*4

1

10.70

com
—

*

15$
36*4

1*$
36*$

100

3.090

3.110
141

-_100

City Investing Co
Preferred

7s series D 1956
6s series A A 1953

T_
1948
6s series AC 1952
Commercial Credit common
6s series AB

4*4 % conv preferred

139

100

45

100

107

Cleve Securities 4-6s to 1943-J&J
Collateral Bankers lnc—
7s series A & B 1950-7s series C 1959

Q-F
Q-M
Q-J
Q-F
Q-M
Q-J
10

100

50

104

98

100

98

100

98

100

465$
107*$

_

100

1935—M&8 f

9

104

46*$
109*$
54

1125$
1*$
3.83
75c
17

29*$
31
31

95$

80

82

25*$

$6 preferred
General Investors Trust
General Public Service Corp

conv

pref

16 5$

17*$

5% preferred ser A w w
Nat Bond & Share Corp

6.72

7.45

Nat

2.50

2.75

Nat

3.31

3.66

18.63

104

30.21

32.48

Chemical

97*$
2%

"2*$

Insurance

54

42*$

5

22*$
12*$

17*$

1

1

6*$

1.24

1.37

.1

13.33

-

-

..

....

...

A&O

Automobile Shares

5.29

5.76

4.58

4.99

6.69

5

common

preferred

.100

-

6% preferred-5*$% preferred

100
100

-

4.51

4.92

3.19

3.48

—

---*
---*

$6 1st preferred—

$3 2nd preferred.—-Debenture 5s series A

1948

Heller (W E) common
Preferred w w

2

25
25
1946—A&O
Household Finance com
—*
Preferred
4s

x-w_

„

with warrants

5% preferred
100
♦Huron Holding Corp..—-—-.1
Hydro Elec Sec com
*
Illuminating & Power Securities—
1st preferred
...100

Investors—.....5

5.40

5.58
6.45

Oklahoma Southern Trust

4.63

Old Colony Invest Trust

3.79

4.14

5.18

5.64

5.30

5.77

Debenture 4*$s Feb 1 1947
Debenture 4J$s Dec 15 1952
Old Colony Trust Assoc

At
1*$

*4
2*$

97
15.75

*$
10*4

1.08

1.20

1.32

1.45
1

6*$
54
4 *4

—

8*4

1

—-

6*$
1*$
6

"9*4

14

16

31

33

Com..*

Class B

100

99*4
60

61

18

19*4

23

26

11*$
10*4

A&O
1

10

(Calif)

J&J
*
*

Amer

5
*
$3 conv pref class A
._10
Plymouth Fund lnc
10c
Provident Loan Society 6% ctfs-.
$6 preferred

*
_

♦
1948.A&0

Putnam (Geo) Fund
Quarterly Income Shares
10c
5% deb series A 1942
M&N
Railroad Employees' Corp—

♦

common

Prcfcrrod

Railway & Light Securities com
Conv coll 4 *4s ser "11" *55 A&O.

Railway & Util Invest A

1054

195$

2*
7*4
3*4
3*$
100

3

8

8*$
4*4
354

18*4

19*4
35$

7o

~4*$

4

12*$
95*$

12*
96

31

32*$
6*$

554

♦

Prudentia' Tnvestora

12

101 54

*

-

Petroleum Corp of
Phoenix Sec Corp.

Class A

98
26

99

.*

_

7*$
10*$
38*4
.39
115

6*$
100

*$

754
105$
40

.44
117

6J$
106

100

13.86

6.70
101

14.52

7.45
102

8*$
10*$
9

9*4
11*4
10

104*$

—1
*

3*$% preferred-..

Reliance lnternat Corp com A 10c

Representative Trust Shares—10
Republic Investors Fund new
Reynolds Invest 5s 1948
A&O
Common stock

—1

$6 preferred

—*

Rossia International Corp

Seaboard

Commercial

10

50

5% preferred

10.20
4.43
65

At
22

'At

Royalties Management A_.
—1
♦Schoellkopf Hutton and
Pomeroy lnc common
10c
Scudder, Stevens & Clark Fund-

99*$
'

-10

Pacific Investing Deb 5s 1948
Pacific Southern Invest pref
Class A

*4

*
*

4*$s coll tr AAA 1940-43—A&O
5s coll tr BBB 1944-51
A&O
4s coll tr OCC 1939-42---M&N
Invest Bond & Share 5s A*47. J&D
Investment Co of Amer.......10

80c

1

lnternat Securities 7% pref
1
International Utilities class A—*

-_5

Pub Util Investing 5s

"2

65c

1

Pacific Eastern Corp
Pacific Finance Corp

16.94

1

(McL ctfs lnc—1

Class B

100

*$6
9*$

International Holdings & lnv—•

$1.75 preferred
$3.50 prior preferred
Interstate Bond Co—

.34

2.25

Insurance Group Shares...-.
Insull Utility Invest—
Deb g 6s 1940 B with war.. J&J
Insuranshares Co of Delaware--1

New common

68

110

-.1

com—-

Overseas Securities Co
Deb 5s April 1 1948

103

3

2

Institutional Securities Ltd—
Bank Group shares

Insuranshares

*

o

36*4
.10*$
27*$
27*$

~4~~

96

24*4

19

Common

5.93
4.24

105
.14

1
100

Preferred

*

Oils & Industries
Preferred
Oilstocks Ltd

H
35*$
9*4
26*$
26*$
102*$
67*$

*

111

Finance Corp

9.33

Tobacco Shares

554
99

2.87

8.58

Guardian Investors com—..—1

5*$
95*$
45*$
3*4

2.61

Northwest Bancorporation
♦
Ohio Finance Co. 4*4s 1949-F&A

Shares

7.23
102 54

2.81

-

1958
Northern

Equip Shares

101

8.41

2.33

-

7.41

Steel Shares

8.47

6.80

..

stocks

6.28

Railroad

8.19

11.04

7.83

7.77

9.34

Petroleum

7.57
10.22

6.27

5.77

—

6.63
10.02

3.42

6.81

Investing Shares
Merchandising Shares
Mining Shares

9.66

6.12

3.15

8.59

Electric Equipment Shares—
Food Shams

8.93

Railroad..
Railroad equipment

Chemical

...

5.69

12.11

7.77

Building Shares
Shares

8.12

5.24

11.21

9.27

North American Trust Shares—
1953

72

70

r

3.79
12.37

7.18

Class A

2

1*4

5

Great Britain & Canada Invest¬

1*$
7*$

Oils

Class B

46~"

6.52

25c

North Amer Invest Corp com. 100
Collateral 4s 1951
J&D

15

13

58*$
44

61

6.12

*

North American Bond Trust Gt&_

Pref allot ctf 25% 1st pref--*
Gleneagles Invest 5s June 15 1944
J&J

18 54

97

Niagara Share Corp (Md)—Conv deb 5V$s 1950
M&N

71*

95*$
24 54
11.48

59

18

100

*

2

55c
8

12*$
18*4
99*$
19*$

*

*

3*$
29*$

Metals

Steel

102

17*
rlH

10.50

Electrical equipment

5.83

1*$
7*$
94*$
24*4

10

-

Machinery

58*
101

M&S

Y)_10

254
35 54

41
45c

7.50

103*$
104*4

39

10

com

New England Fund
New York Stocks, Inc.—

Aviation
Bank stocks
Building supplies.

4.89

27

1

(Colo) ser B shares.
(Md) voting tr shares

4.55

Agricultural
Automobile

102

*

Republic Invest Trust—
conv pref stamped

5.82

6*$

2*$
35*4
3*$

Indus Loan 7s 1957-_Q-Jan
National Investors Corp
1

4.56

Globe Indus Loan 6s 1955

ment Corp 4*$s 1959
Group Securities, Inc.—
Agricultural Shares

Invest

"6*$

5.10

1
1

Nat Trust. Shares fie modified
Nation Wide Securities—

German Credit & Investment—

Gotham Credit class B

National Bond &

42

*

ww—

1956

19.58

17.14

20.49

pref

18.19

4.05

5

1

4.30
22.03

25c

Mutual System lnc 8 %
National Aviation com

7.34

3.80

Monroe Loan Society class A

27*$
27*$

22*$

10c

M&N

Preferred
Sec 6s x-w 1947
Morris Plan Indus Bank
(N
Mutual Investment Fund

22*$
4*$

50

common

15.79
10.26
15.06

40

6.65

1953

Morris Plan

35c

29.01
23.43

5

5 % conv partic preferred
Merchants & Mfrs Sec A com
Partic preferred
Midland Invest Corp (Mo)—

26*$
26*$

54" Independence Fund of NA—-.5

102
102

6*$
28*$

9.74

1
*
1
*
—*
J&J

Industrial Finance vtc

..*
53 54
112
$4.25 conv preferred
*
Commonwealths Distrib'n Inc_-1
15$
Commonwealth In vestment...-1
3.52
55c
Commonwealth Secure common-1
Preferred
——1
15*$
28 54
Consolidated Invest Trust com.l
25
Consumers Credit Serv 6s 1962.
Continental Securities Corp—■
30
Debenture 5s May 1 1942..— f
4c
Continental Shares common—

♦6% preferred

Corp

Independence Trust Shares

104

25

28.74

1

Investment

10

Maryland Fund lnc

3s

25^

_

Incorporated

102

Commercial Invest Trust

Corp Secure 5% ctfs

11.58

12.32

26.73

Investors—*

Common

3*$
96*4
5$
75$

89

19.12

20

*
1952
F&A
Corp..
*
Gen Finance conv deb 5s '51 J&D

40

80

Chemical Fund

American

Series S-3-.
Series S-4
Larkins Warr Trust

102

6*4

$6 preferred
Deb 5s Feb 1
General Capital

5*$

___♦
1

""^Preferred--

11.48

Aviation Shares

5*4
3954

16

35

....

Massachusetts Investors Trust
Mass Utilities Associates vtc

Fund, Inc.—

General

1

15*$
20

100

Foundation Trust Shares ser A_.l
Fundamental Investors lnc
2
Fundamental Trust Shares lnc—
Class A
;
2
Class B
*

42*$
16.48

.11

'57--A&O

Fiscal

*4

18'

17.81

*

$6 preferred-.Conv deb 5s 1953

23

preferred

%

Gen'l Realty & Utilities com
1
25$
i preferred
*
1*4! Gen Shareholdings Corp com—1

23.91

conv

Fund A-l

10

1

$1.50

96

Manhattan Bond Fund lnc
Marine Midland Corp.

109

6

Cent Invest Corp 5-6s

52

Economic lnv Tr Ltd 5sA'57M&N

56

5

Capital Administration cl A
1
$3 cum pref series A
—10
Carey Trust of NY
Original
100
Carriers & General Corp
_.l
Deb 5s with warr 1950.-M&N
Cent-Illinois Securities Corp.—1

29*$

General

British Type Investors A
Broad St. Invest Co lnc

Canadian Pow & Pap Invest Ltd—
Deb 5s series A 1958
F&A

28 54

48

Lawyers Mtge lnv (Boston)—
1st 5 *$s series B 1945
M&S
Lehman Corporation
1

Foreign Power Secur Corp—
1st coll tr conv 6s A 1949- -J&D

Brooklyn National Corp

Ltd—1

1.29

10c
Insurance stock series
10c
Fixed Trust Shares series A—.10

'

A&O

1.18

Bank stock series

52

_

—

5s series A 1959
Canadian Invest. Fund.

25c

-

354

4.37
70c

6.65

........

-

10.72

5.90

Empire Capital Corp A
5
Empire Power Corp partic stk-*
$6 preferred
*
Equitable Invest Tr (Mass).—5
8.25 Equity Corp common
_-10c
3*$
$3 conv preferred..
__1
29*$ Family Loan Society common. _*
34
$1.50 preferred series A
*
38
$1.50 preferred series B
*
.38 Fidelity Fund, lnc
*
5*$ ♦First Boston Corp
10
104*4 First Mutual Trust Fund
«

9.69
3.S8

Series K-2
SeriesS-2

3.65

/

4154

18.10
7.02

1

*

3

13.73
6.36
14.38
9.76
13.68

2.50

Ea» Util Invest Ueb5s 1954 M&S 15
Eaton & Howard Management

25

40

21.41

D shares

16

%
22
4

Series B-3

Series B-4
Series K-l

17.63

O shares

94

11.17

26.53

2.94

Dominion-Scottish Invests Ltd—
1st coll 4s series A 1952
J&J

10.46

Series B-l
Series B-2

2.55

Domestic Finance pref
*
Domestic & Foreign In6*$s47F&A

Ask
share

Keystone Custodian Fund—

1

Dividend Shares

Bid

Superpower Corp A com.*

Deb 6s 1963 (ex-warrants__J&J

1

6

5

Italian

1.54

Series F

15$
3*$

2

354

Burco, lnc common
$3 conv preferred

1

♦

7.50

-

Deposited Bank Shs N Y ser A
Deposited Insur Shs ser A

Investors Fund of Amer Series 01
Royalty.—
1
Preferred
25
Investors Trust common
25
Preferred
25

4.90
16.31

$7 preferred series A
$6 preferred series B

103

Boston Fund lnc

*

Par

Per

112

100

254

10c

_

•7% cum preferred
Cumulative Trust Shares...
Delaware Fund

*

M&N

|2 preferred

10

Eastern States Corp com

1*$

12*$

100

3.46

103

American General Corp

36*4

preferred

3.14

American European Secur
Coll tr s f 5s 1958 ser A—-J&J
5s series B 1958
Amer Foreign Investing

117*$
34 X

♦8%

6.70

74

1
1

Class B

14
3154

2.83

(modified).

6.55
2

10c

Capital Corp A

29 54

AGO

♦Crura &

Diversified Trustee Shares—

1*$
M
654
16*$

1*$
*$

Amer British &

Amer Business Credit

Credit Service deb 6s w w '48-Q-F
Forster lnc com.--._10

__

Verier. B

Allied Int Investing Corp
♦Amerex

2.81

...

Bonds

Investors
2.82

1
-1

2*4

5$

2.37

ana

share

2.43
2.37

1

Accumulative series
A A (modified)

♦Crum & Forster Insureh B

26 54

26

-----

(Mass)—
Deb 4*$s with com shs 1967-—
Aldred Investment Corp (Can)—
Deb 4*$s with com shs 1968--Alliance Investment com
*

9.80

2*$

*

lnc

preferred

Corporate Trust shares old ser—1

104

Stocks

Ask

Bid

Par

Per

9954

Administered Fund '2d lnc

^

Stocks and Bonds

share

75$

_

„

and income and defaulted bonds

marked "fv

closing day of the month preceding the date of Issue

20c

*4
84.32

14*4
37*$

10.70
4.97
68

26*
40*
1

86.02
17
40

Continued on page 84
♦

x

Quotations not furnished by sponsor or issuer.

Ex-dividend.




♦

No par

value.

e

Ex-coupons.

/ Flat price

k Last sale.

n

Nominal.

r

Canadian price.

Utilities

Public

(Includes street and electric railways, gas, electric power, water, telegraph, telephone and bridge companies.)

NOTICE—All bond

prices are "and Interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Adriatic Electric Oo (Italy)
Extls f 7s 1952
A&O
Ala Qas Oo 1st M 4Ms 1951-F&A

Alabama

66

70

M&S

108 M
105 M

J&J

M&N

J&D

1st & ref 5s 1968
M&S
Alabama Water Service Co—
1st M 5s 1957 ser A
J&J

Albany Ry 1st

cons

Genera] 5s 1947
All America Sara

m oo

105M
102 M

102

102 M
52

5s 1930--J&J }

105M

47
44

J&D /

48

Corp—

Inc debs 4s wi 1969
70
Alliance Power 1st 6s 1952- .M&S / 105
Alliance Pub Ser(Ohio)5s '57 M&S
86
Altoona & Logau Val Elec Ry—

71

1st coll 4s Jan 1 1954
J&J
Amer Commonwealths Power—
Deb g 6s 1952 ser A
—F&A /
Deb g 5 Ms 1953
M&N /

87

Conv deb 6s

1940

f debs 1950.^

J&J
J&J
J&J

3Ms

s

f debs 1970

Am Gas & Pow deb 3-5s '53-F&A
Secured deb 3.6-6s 1953
J&D
Am Pow & L deb 6s 2016
M&S

%
H
Vs

62 M

4M
105 M
105M
106M

62 M
6

107

57

58

56

58

1st mtge s f 6Ms 1956

101M

85

99 M

108%
108 M

108M
88

108M
100

Ana&Pot R RR-See WashRy&El
88 M
42

50

53

109

109 H

107M
126M

107 M
127M

Income 6s

1960

A&O

85 M
88

Arizona Power 5a 1950
F&A
lst&ref 4 Ms 1950
F&A
Arkansas & Missouri Power Corp
5s series A 1957
J&J
Arkansas P & L 1st 5s 1956-A&O
Arkansas Western Gas Co—

105

105
101

1981

100

102M
105 M
50 M

J&J

56 M

Associated Gas & Elec Co—
Conv deb 5 Ms 1977
F&A
Conv deb 5s 1965Conv deb 5s 1950

Conv deb 4 Ms 1949
Conv deb 4 Ms 1948
Cons ref deb 5s 1968
Cons ref deb 4 Ms 1958

15M

M&N 'f
F&A /
J&J t

13

14M
14M
14M

M&S /
A&O

tt*

M&N

8 fine deb 5s B 1983

M&S

10

8 fine deb 4 Ms C 1983—-M&S
8 f inc deb 4s D 1983
M&S

10

11

Sfincdeb4M-5Ms A 1986 F&A

10

8 fine deb 5-6s B 1986--.M&S
Conv A 5s 2002
Q-F

10
2

-

Conv A 6s 2002
Conv A 7s 2002

Q-M

2

Scrip 4s 1941
Scrip 4s 1942
Associated Gas & Elec Corp—
8s ex-warrants 1940
M&S
Conv deb 5Ms 1973.
F&A

3

Conv deb

5s

$3

1973

Conv deb 4Mb 1973
Conv deb 4s 1973

2

3
67
29

J&D

29

J&D

29

M&S

29

30

F&A

14

A&O

14 M

M&N

14M

14M

Income deb 3 Ms 1978

M&S

14

14 M

M

Assoc General Utilities—

15M
15

Investing Companies.
Associated Pub Utilities Corp—

1939.

J&J /

1st

5s

1944

65

68

2s deb A 1940-1942
3s deb B 1943-1947-

Certificates of deposit

/

Conv deb 5Ms 1944 ser C.M&N
/
Certificates of deposit
/
2-yr6% notesl933
A&O /
Certificates of deposit
/
Athens (Ga) Ry & Electric—

1st & ref s f g 5s 1950
Atlanta Gas L 5s g 1947
Gen mtge 4 Ms

1955

71M

M&S

i—* o o

£

104 M

-J&J

Atlantic City Sew'age 6sA*56 J&D

105M

Called Mar. 1 at 105.




109 M

121

99 M

100M

107

108

101M

102 M

105

106 M

75

85

86

88 M

b Basis,

90 M
88

102 M
87 M

99 %

100 h

__M&N

101
101

100M

-

100

Public

100

110M

'66--A&O
Service—

103
101

J&D
J&D
J&D
J&D

102 M

103M
102 M

4s 1944--4s 1945-

J&D

103 M

4s 1946

J&D

102 M

4s 1947---

104M

J&D

J&D

101M

4s 1948
J&D
Cent Indiana Gas 5s 1957
M&S
Central Indiana Power Co—

100 M
99

1st & ref 6s 1947 ser A
J&J
Central Kansas Pr 6s 1946--M&S

104M
100

7s

101

Central

Maine Power—

1st

s i

6s ext to 1950

108 M
105M
106M

24

J&J

Central N Y Power Corp—
Gen mtge 3 Ms 1962

A&O

106 %

102M
100

1 Ms Feb
1 Ms Aug

2s
2s

Aug

2s

Feb

Feb

99
98 M

151943---...-

99

2Ms Feb
2 Ms Aug
2 Ms Feb
2 Ms Aug

15 1944
15 1944

98 M
98 M

15 1945
15 1945

98 M
98

3s
3s

15 1946
15 1946

98

85

88M

51

93

98

112M
113M
106 M
90%

109M

Feb

Aug

98

Cent Pub Serv Cor
Conv deb 5..
Ms '4

•?97_

.F&A

105M

Conv deb 5s 1948
Deb 5 Ms 1954

_M&S 15
J&D

1st mtge 4s 1964
Pow

&

78

106 M
60.50%
61.25%
62.00%
62.50%
62.75%
62.85%
2.90%

107M

Nominal.

102 M

Lt

Corp—
1st M & 1st lien 5 Ms 1953. J&J

76M

Debenture 5s 1944
J&J
Cent States Utilities 0S 1938.J&J

42

Cent Telep (Del) 6s 1938--.M&N
Cent Vermont Public Serv Corp

14

1M

1st mtge 3 Ms ser B 1966—F&A
106
Central West Public Service—
5Ms 1956/
88 M
ark
Charleston
Cons Ry Gas & El

107

.M&S
M&S

80

M&S

66

Coll trust 5s notes 1942— .M&S
Chic Aurora & Elgin RR—

89

1st & ref 6s 1951

103 M

75
33 M
33 M

J&J

Gen & adj 5s 1952

118

1M
1M

Cent Public Uti
bil.(ws)inc5Ms-1952

Central States Edison, Inc—
1st coll inc 3-5s 19&0
M&S
Central States Elec Corp—

Consol gold 5s 1999
Charleston Transit Co—
1st 5s 1942.

120

n

99

100

2 Ms Aug

88M
78%
51M

k Last sale,

99 M

15 1941

15 1941
15 1942
15 1942
15 1943

90

100

102
103M

160 M
100

45M

99 M

106

D.J&J

-

100

105

ser

1st mtge 3 Ms ser A 1969.-F&A
Serial debentures—
1 Ms Aug
15 1940

99 %
86

r

90M

99 M

Cent Pow 1st 5s 1957.

r

~

101M

Central Power & Light Co—

96

-

A&O

f This price includes accrued interest,

102

101M
101M
101 M
100M
100 M
100M
100 M
100M

113M
106M

-

100

Central Ohio Lt & Power—
1st mtge 4s ser C 1964.--F&A

109

..

4s June 1 1946
4s Dec 1 1946

102

112

—

........

102

1st & gen 4s ser G I960-—A&O

107

J&D

—

101

l8t& gen M 3 Ms ser H '66.F&A
1st & gen M 3 Ms ser J 1968J&D
Cent Mexico Lt & Pow

102^

__A&0
California Water Service—

May 1 1943.
4s May 1 1944-4Ms May 1 1945
4Ms May 1 1946

3Ms Dec 11944
3 Ms June 1 1945
3 Ms Dec 1 1945

75M

104 M
105 M

4s

102

102

109M

100 M
87 M

«

95 M

100M

3 Ms June 1 1944

13

102 M
102 M

Ms May 1 1940

101

3Ms 1942
3Ms 1943

119

100

101

3 Ms June 1 1943
3 Ms Dec 1 1943

3 Ms 1940
3 Ms 1941

75M

J&D
J&D
J&D

3 Ms May 1 1941
3 Ms May 1 1942

3s June 1 1942
3s Dec 1 1942

4s June 1 1949
Cent Illinois Light 3 Ms

109M

109 M
100

1st 4s ser B 1961.

108

100M
100 M

120

67-J&D

Deb gold 5Ms 1942
1st mtge 4s 1966

Serial 2

89 M
86 M

*

Ill""

1 1940
3s June 1 1941
3s Dec 11941

1st mtge 3Ms ser A 1968—J&D
Serial debentures—

109M

f 5s 1964

3s Dec

Cent States

Calgary Power 1st 5s 1960—A&O

108M

107M

at 102.

105M

99

107

98M

__J&D

4s June 1 1947
4s Dec 1 1947

52

Butte El & P 1st s f 5s 1951
J&D
Cairo Bridge 1st inc 6 Ms *58-J&J
s

70

103
94

100

Central Illinois

76M
44M
77 M

3 Ms deb O 1948-1952
Buff & Niag Falls El L & Power—
1st gold 5s 1942
F&A
Buffalo Traction—

1st

Atlantic City Electric—
Gen mtge 3 Ms 1964

Atlantic City Gas 5s 1960
1st lien & ref 5s 1957--.

100 M
68

F&A

-

99

100M

3s June 1 1940

4s June 1 1948
4s Dec 1 1948

California-Oregon Power—

Atlanta Nor Ry—See Ga Ry & El
Atlanta Wat El & Pr 5s 1943 J&J

J&J
J&J

111

102

See International Ry
Burlington (Vt) G L 5s 1955--J&J
Butler Water 5s 1957 A
A&O

J&J

J&D

U0M

100M

J&D

M&N
Associated Telep & Teleg Co—
Deb 5 Mb 1955 ser A
M&N
Associated Telephone Utilities—

57 M
57 M
58 M
58M
58 M
58 M
142
142

96M
96M
98 M

109

75

Bklyn Un Elev—See Bklyn Queens
Bklyn Un Gas 1st cons5sg'45M&N
1st lien & ref 6s *47 ser A_ _M&N
1st I ien & ref 5s ser B 1957 M&N
Deb 5s 1950

98

106K

Serial

22

109

109M

--A&O

Gen & ref M 3 Ms ser O

Certificates of deposit
/
Conv deb 5s series B 1942-A&O /

r

M&S
Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967-F&A
Brooklyn City & Newtown RR—

77

71

1st mtge 3 Ms 1964
debentures—

86

106M

89 M
Central German Pow 6s '34.J&D /
14
Cent Hud Gas & Elec Corp—
105 M
lst&ref 5s 1941
J&D
1st & ref 3 Ms 1965
106M
M&S
Cent Ills Elec & Gas Co—

Telephone—

75

M&S /

07 M

1st & ref 5s 1954 ser A

J&J

Deb 6s series A 1941

50
29

52
84 M

1st & coll tr 5b 1948 ser A„F&A
Central Elec of N J 5s 1940. J&J
Cent El & Tel 1st 5s ser A *55 J&J
Central Gas & Elec 6s 1946-M&S
First lien coll tr 5 Mb '46--J&D

80

14M
14Vs
14M

95

Mtge&Colltr3Msser D'68 J&D
St&FulFy-See NY Rys
Bloomington Dec & Champagne
1st & ref 58 1940
M&N
Bolivian Power 8s ser A *45. A&O
Boston Elevated Ry—
Deb g 4 Ms NdV 1, 1941 -M&N
Deb g 5s Dec 1942
J&D
West End St 5s 1944
M&S
7s Sept 1947
M&S
Brandenburg (Germany) El Pr—
Extl 1st s f 6s 1953
M&N /
Bridgeport Gas Lt 4s 1952.-J&J
Brith Colum Pow 4 Ms 1960.M&S r
J&D

6 Ms

M&S
Cape & Vine'd El 4s A *65---J&J
Capital Traction (Wash, D C)—
1st g 5s June 1, 1947
J&D
Carolina P & L 1st 5s 1956—A&O
Cent Ark Pub Serv Corp—

Bleecker

British Columbia

101M

J&J
M&S f

1951
Canadian Utilities Ltd—
1st mtge 5s ser A 1955

105

45

14M
96M

Blackstone Val Gas & Elec—
M & colltr 4s ser C *65—M&N

Buffalo General Electric—
Gen & ref 4Mb 1981
Buffalo Niagara Electric—

See

1st lien 5s 1947 ser A_
Deb 6s series A 1958

116M
133 M

104 M
76

Bklyn City RR 1st 5s 1941—J&J
Certificates of deposit
107
Brooklyn Edison Co—
Consol mtge 3 Ms 1966
102
M&N
Bklyn-Manhattan Transit Corp
Coll trust 4 Ms 1966
M&N
50 M
Certificates of deposit
Coll trust 3s 1940
M&N
57 M
Coll trust 3s 1941
M&N
Coll tr series 3 Ms 1942—M&N
16M
Coll trust ser 3 Ms 1943—M&N
14
Coll trust ser 3 Ms 1944.-M&N
15 H
Coll trust ser 3 Ms 1945
15
M&N
Coll trust ser 3 Ms 1946
15 M
M&N
Coll trust ser 3 Ms 1947—M&N
15 M
Coll trust ser 3 Ms 1948.-M&N
13 M
Coll trust ser 3 Ms 1949.-M&N
13
Coll trust ser 3 Ms 1950
13
M&N
Coll trust series 3 Ms 1951 _M&N
13
13
Brooklyn Queens Co & Sub¬
let m g 5s 1941 (stpd)
13
J&J
Certificates of deposit
2M
1st con 5s July '41 (stp)._M&N
2M
Certificates of deposit
2M
5
Bklyn Un Elev 5s 1950
F&A
Certificates of deposit
5
Kings Co El 1st 4s 1949
F&A
Certificates of deposit
70
Nassau Elec 1st g 4s 1951--J&J
31
Certificates of deposit
30

Income deb 4Mb 1978
Income deb 4s 1978
Income deb 3 Ms 1978
—

111

116M
133 h

102

106M

110M

110M

A&O
Birmingham Elec 4Ms 1968-M&S
Birmingham Gas 1st 5s '59-M&N
4M% extended 1944
A&O

5s

1st s f 6s ser A 1953
A&O
Ashl'd Home Tel 4 Ms A 1961 A&O
Ashtabula Wat Wks 5s 1958_A&O
Assoc Elect 4Mb 1953
J&J
5s Jan 1

86 M
92

Term

Rys—

1st 4Ms series B 1961
Broad River Power Co-—

Arizona Edison Co—
J&J

110

-

40

100M
99 M

105

J&D

73

108

1960

»

103
*

M&S
J&D
M&N

1951—J&D
1959—F&A
A&O

72

Amer Water Works & Electric—
Deb 6s 1975 ser A
M&N
Deb 5s 1975 ser B
J&D

Income 5s

105

_

Corp—
—A&O
J&J

Deb 6s Apr 1,1955
Berlin Elec Elev & Underg

108^32
108M
108M

F&A
F&A
Appalachian Power 6s 2024--J&J
Ardmore St Ry—See Phila Co

Berlin City Elect 6Ms
Sink fund deb 6Ms

49
96

-

99 M
98 M

A&O

1st & ref 5s 1960 ser C

Bellows Falls Hydro-Elec
1st mtge 5s 1958

Bergen Turnpike 5s 1951

52

American Telephone & Teleg
Deb 5 Mb Nov 1 1943
M&N
25-year deb 3 Ms 1961
A&O
30-year deb 3 Ms 1966
J&D
Amer Util Service 6s 1964--M&N

1st mtge 4s 1963
8 f deb 4Mb 1948

111

'60-M&N

Beaver Valley Water 5s

Bell Telephone of Canada—
1st g 5s 1955 ser A

Berkshire Street Ry—
1st extend 6s 1947

12

Androscoggin W Pow 6s '45. F&A /
Appalachian Electric Power—•

96

111

-J&J

106

96

-M&S

SIM
36 M

&
94

-J&J

105M

51

101

Anchorage Lt & Pow 7-5s'43 F&A
Androscoggin & Kennebec Ry—

Canadian L & P 5s *49 op *14
Canadian Rail & Harbor—

30 M

103 M
68

104M

J&D

Ry—

1st (35% prin paid) 1927 F&A
Camden & Sub Ry—See P S Corp
Canada Nor Pow coll 5s '53.M&N

104

A&O
A&O

1st g 58 1957 ser B

American States Public Serv—
1st 1 5 Ms 1948 ser A
M&N
Deb 6s 1938
J&D

*

Baltimore Transit Co—

J&J
Deb 5s series A 1975—-—J&J
Deb 5s series B 1975
J&J
Bangor Gas Light 5s 1941—A&O
Bangor Hydro Electric—
1st mtge 3 Ms 1966
J&J
Bear Mt Hud Riv Bdge Co—

Telephone—

1st mtge 4s 1969
Calumet & South Chicago

99 M

Deb 4s series A 1975

Bid

Bonds
Calif Water &

4

1st mtge 5s 1960 ser C
Bell Telep Co of Pennsylvania—
1st & ref 5s 1948 ser B
J&J

6
19

Amer Rys Corp coll 4Mb '53-A&0
Debenture <fMs 1963
A&O

1st 6s 1940

Elec Ry
A&O
Avalon Telep Ltd 4 Ms *58--A&O
Baltimore County Water & Elec
1st 5s 1946
M&N

2d mtge 5s 1978
5s conv notes 1978

American Gas & Electric Co
a

J&D

Ask

102 M
100

Beauharnois Lt Heat & Pow—

M
h
M

American Community Power—
5 Ms Certificates of deposit 1953 /
Amer Elec Pow deb 6s *57 M&S15 /
American & Foreign Power Co—
Deb g 5s 2030
M&S
Amer Fuel & Pow 7s 1934.J&J f

2Ms

Augusta Ry & El 1st 5s 1940

1st 7s 1953
S f income 8s 1953

85

M&S }

3 Ms s f debs 1960

M&S

Aurora Elgin & Chicago
1st 5s 1941

Power Co—

1st 5s 1946
lst&ref 5s 1951
1st & ref 5s 1956
1st & ref 4 Ms 1967

5s '58 ser A

Atlantic Co Wat
104

Bid

Bonds

Ask

J&J /

Chicago City & Connecting Ry
Coil tr s f g 5s Jan 1, 1927.A&O
Chicago City Ry—
1st 5s (15% paid) 1927
F&A

7H
45M

Chic North Shore & Milw RR—
1st mtge gold 5s 1936
J&J

1st & ref 6s 1955 ser A
1st & ref 5 Ms 1956

r

2

J&J

1M
1M

A&O

Payable in Canadian funds,

3M

x

Called Feb. 9

74

PUBLIC

UTILITY

BONDS

bond prices are "and interest** except where marked "f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—All

Bid

Bonds

Cons M 5s

ser

47

45%
9%
4%

A Feb '27—A&O /

Series B Feb, 1927
-J&D
Chicago Rapid Transit Co—
1st & refers 1944
J&J
Certificates of deposit
1st & ref 6s 1953 ser A
J&J
Certificates of deposit
Adjust deb 6s July, 1963—J&J
Certificate of deposit
Chicago & West Towns Rys—
1st cum inc 5s 1937
-J&J

Ask

/

47 M
10 M

5%

_

,

5

/
f
/
/
f
/

4%
4%
%
%

f

5

5

5M
5M
5M
5M
%
M

1st mtge 3 Ms 1966
F&A
1st mtge 3 Mb 1967
J&L)
Cin Newport & Cov L & T—
1st ref 6s 1947 series A
J&J
Cincinnati Street Ry—
1st in 5 Mts ser A 1952
A&O

1st 6s 1955

ser

„

,

Independent

108M

96 M

97 M

90 M
94

91
95

M&S

73 H

74 M

A&O
M&N

70%

71M
71%
71%

70%

70%
72

72M

85

85 M
86 M

85M

Telephone
103%

1st mtges f 4^sser A '61—J&J
Citizens Utilities Co—

35

36 M

66

68

1st coll 4-5Ms 1948-—

_

•

73
94

97

1st M 5s 1954 series B
J&D
1st M 5s 1957 series C_—M&N

1st 5s ser A 1958
M&S
Cleveland Electric Ilium—
Gen mtge 3 Ms July 1, '65.J&J
Cleveland Ry 1st 5s A 1945-M&S

42

.102

109 M
103

109

110

45

47

40

-

7

io""
50"~

——-

*

Columbia Gas & Electric Corp—
Deb g 5s 1952
M&N
Deb g 5s 1952
A&O 15
Deb 5s Jan 15. 1961
J&J 15

103 %

104 M

104

104 M

104M

104 %

Columbus (Ga) Elec & Power—
1st & ref 6s 1947 ser A
J&D
1st & ref 5s 1954 ser B—M&N
Columbus Ry Pow & Light—

104 M
106

1st mtge & colltr 4s 1965.M&N

108M

108M

Inc. debs 4s w w 1969 w i
51M
Commonwealth-Edison Co—
1st mtge 3 Mb ser I 1968—J&D
109 %
Conv debenture 3M8 1958-J&J
128M
Com'w'lth El 5s June 1 '43-M&S
115
Commonwealth Gas Corp—
Non-cum inc deb 6s (w s) 1948 /
32
Non-cum inc deb 6s (x s) 1948- /
23
Commonwealth Light & Power—
14
Commonwealth Telephone (Pal¬
let 5 Ms ser A 1945.93
M&N
Commonwealth Telephone (Wise)
1st 4s series A 1966
104 %
M&S
Community Power & Light Co—
Col M 5s 1957
M&S
94%
Community Public Service—■'
1st mtge. 4s 1964
M&S
104M
Community Teleph 5s Jan 1 1949 /
6
Community Water Service Co—
Deb g 6s 1946 ser A
87
J&D

52 %

Commercial Mackay Corp—

1/

Deb

g 5Ms 1946 ser B—M&S
Conestoga Trac 1st 4s 1950--J&J
Coney Isl & Bklyn cons 4s *48 J&J
Connecticut Light & Power—
1st & ref s f 7s *51 ser A..M&N
1st & ref M 3Msser F '66-M&8
1st & ref M 3 Mb ser G *66-J&D

Cooper RivBri'geinc lst6s'58M&N
Copper Dist Pow 4 Mb 1956--J&D
County Gas (N J) 5s Jan I
1952-

J&J

92

2M
2M
97 M

Gen & ref 4 Ms 1961 ser D_F& A
Gen & ref M 4s ser F 1965. A&O
Gen & ref M 3 Ms ser G '66M&S

78M

Certificates of deposit
Dom Elec Pow 5Ms 1955
M&S
Dominion Gas & EI 6 Ms '45. J&J
Dortmund Munic Util (Germany)

103
107 M

68""

95 M

99""

20-yr

f 6 Ms 1948Duluth-Superlor Transit—
s

1st 5s 1953 w s
M&S /
Dumbarton B'ge 6Ms to *49-J&J
Duquesne Gas Corp—
lstconv6sctfs. 1945
M&S15 /
Duquesne Light—See Phila Co
Duquesne Nat Gas 7s 1948—J&J
Duquesne Trac—See Phila Co

Durham Pub Ser 7s A '49--A&O
Durham Trac 1st 5s 1941
M&S
East Coast Pub Serv 4s 1948 F&A
East Jersey St Ry 5s 1944—M&N
E. Kootenay Pow 1st 7s *42.A&O

Eastern Lt & Pow s f 5s 1964 M&N t
J&J r
1st & coll 4s series A 1965

98

Eastern Mass Street Ry Co—
Ref m 4 Ms 1948 A
J&J
Ref m 5s 1948 B
.—J&J

95 %
99

Ref 6s Jan 1948ser C-.M&S 15
Ref 6s series D Jan 1 1948-A&O

102 M
102 M

Ref 6s series E Jan 1 1948-A&O

103 M

Edison Co of N Y—•
3 Ms 1946
A&O
3 Mb 1948
A&O

133

138

110M
108 %
108M

111M
109M
109 M
132

108%
90

A&O

Electric Ferries 7s (w-s) '41-A&O
Elec & Peoples—See Phila R T
Electric Pow Corp (Germany)—

M&S
1st sink fund 6Ms 1953.-A&O
Electric P & L Deb 5s 2030-F&A

20-year 3 Ms debs 1958. "_J;

107

107

108

106M
108M

107

Eliz Plainf & Cent J1

108M

Eliz

Consolidated Electric & Gas—

—F&A

52

53

52

53 M
54

53

See
RivlPublic Serv
Eliz & Trenton RR J
Corp
Elmira Water, Light & RR—
1st & con g 5s 1956
M&S
&

Ref mtge s f 3 Ms 1971
J&D
1st ref mtge 3s series P '69 _T
Consolidated Gas Utilities Co
6s unstamped 1943 ser A--J&D
6s stamped 1943
«
—

78""

126 M

109M
108M

109M
108 %

84

84%

84

85

100M

85M
101

102 M

104 M

104 M

98M

99M

90

99 M
1.00

1.50
2.00

0.50%
1.00%
1.50%

52

93 M
97

100M

101M

101
26

29"'

27
96 M
124M
128
108

r

109 M

87 %

87%

r

80 M

82 M

f

45

98 %
98

106

97

%

107""
68%

68

102

18
18
80

83

93

94%
76 M

75

J&J

6 Ms 1950

99

104

1st coll 5s 1963
A&O
Great Cons Elec Pow (Japan)
1st M 7s 1944—F&A
gen

98%

96 %
118

Georgetown Gas Lt 1st 5s'61 F&A
Ga-Caro Pow 1st s f 5s '52--J&J
Georgia Power 1st 5s 1967—M&S
Georgia Power & Light Co—
1st mtge 5s 1978
J&D
Georgia Ry & Electric—
Atlanta Northern Ry Co—
1st guar 5s 1954
J&J

1st &

13

80M
101M

80 M

1st sf 4Mb 1956

M&S

Gen s f 5s 1957
Great Lakes Utilities Co—
1st lien coll tr 5 Ms 1942.

100

J&D

.

r

79

81

97

98M

.M&N

60 M

62 M

F&A

107 %

110M

M&S

103 M

Great

57

loo""
106 M

106 M

Northern Power—
1st 58 stamped 1950
Green Bay & Miss Canal—

1st & ref 4 Ms 1953
Green

Mountain

Power

Corp—

1st & ref M 3%a 1963

4Mb

59

2K

2

86

87

101
99

J&D

105 %

^

•»

M

102 M
102

104 M

104 M

99

123

128""

110

110M

102 M
97

—-

13 M
13 M

78%

79""

J&D b 102 M

1940-1953

Gulf Coast Water 1st 5s '48-F&A
Gulf Power 1st 5s 1968
A&O

105

Gulf Public Service Co—
1st mtge 6s 1945

106

103

119

120

96

68

104
108 %

& ref 3 Ms ser

D 1969M&N
Hamburg (Germany) Elec Co—
Extl g s f deb 7s 1935.—M&N f
Hamburg (Germany) Elev Undergound & St Rys 5Ms'38—J&D f
Hamilton Gas 6 Ms Aw w *37 J&D f
m

15M

50

14M
75

30

60
M&S
108
Harrisburg Gas 5s 1970
M&N
Havana Elec Ry 5s 1952
F&A /
49
5M8 (Sept'31 coup on)'51-M&S /
M
Hempstead & Oyster Bay—
QQ
Water 6% July 1 serially
Hest Man & Fair Pass Ry—See P hil R T
42 M
Holyoke Street Ry inc 5s
1945
Home Tel & Tel (Ft Wayne;—

62

Hamilton Gas Corp—
4s series B 1953.

1st 6s series A 1943
1st 5Ms series B 1955

Raritan

A&O

64

to

Gulf States Utilities Co—

1st

Consolidated Gas of Baltimore—
125M

99 %

84 M

x w
J&D /
Grand Rapids Ry lRt 7s '39-M&N /
Granite City Generating—

105

Edison Elec Ilium of Boston—

106M

10

99%

Serial notes—

coll tr 7s 1958
J&J
Adjt 6s due July 1958
A&O
Eastern Minn Pow 5Ms 1951 M&S
Eastern Oregon Light & Power—
5Ms series A 1951
M&S
5s series B 1953
J&J
Eastern Shore Pub Service Co—
1st m 5Ms 1947 ser A
M&S
1st M & 1st lien 5s 1955 B M&S
Easton Consol El 5s 1949 —M&N
1st mtge

40 M
82 M

104

Great Lakes Power Ltd—

lsts f 6Ms 1950

-A<S

83."

Eastern Michigan Rys—

39

89

76

104 M

22

Gesfurel 6s 1953

95

89

104 %
104

104 M
103 M

General Public Service Corp—
See Investing

1st mtge & coll 6 Ms C55-A&0
General Water Wks & El
Corp—
1st lien & col 5s 1943 ser A_ J&D

103

67

lst m & coll tr 4s A 1956.M&S
Eastern Iowa Pow 6 Ms 1943-M&S

105M

104

102

103 %

Equip trust 4Mb to 1941—F&A b
Equip trust 4 Ms to 1943—M&S b
Equip trust. 4s tq 1946—M&S
Fullerton-Portsmouth Bridge—
1st s f 6s 1957-—M&S /
Galveston-Houston Elec Ry—
1st M s f g 5s 1954 opt
A&O f
Gandy Bridge (Tampa)—
1st mtge s f 5 Ms 1957
A&O
Gary Electric & Gas Co—
1st lien coll 58 x-w 1944
J&J
5s with warrants 1944--J&J
Gary Rys Co 6 Ms ser A 1945 F&A f
Gary Street Ry 1st 5s 1937.-A&O f
Gas Co of New Mex 6 Ms *44 M&S
Gas & El of Bergen Co Sa *49_ J&D
Gen 5s Nov 1.1954--- —-M&N

General Public Utilities—
1st M coll tr 6Ms ser A'56.A&0

15

16

95

103 %

J&J

Gatineau Pow deb 5s w w '49 J&D
1st 3 Ms series A 1969
A&O
1st 3%s series B 1969
A&O

109 %

105M

Debenture 6s 1954 ser B__ J&D
Fed'l Pow & Lt 6s Nov 1,1965—Federal St & Pleasant Valley
Pass Ry 5s May 1 1942_—J&J /
Federal Water Service Corp—
Conv deb 5Ms 1954
M&N

Florida Telep 2d 6s 1954

QO~ "

29

109 M
15

Ry 5s 1941 A&O
Fall River El Lt 3 Ms 1968..M&N
Federal Light & Traction—
1st 5s (Amer series) 1942.M&S
1st 5s (Internat ser) 1942—M&S
Stamped
M&S
1st lien g 6s 1942 stpd
M&S

%

103
82

J&D f

Rys 1st 6s 1954
Ltg 1st ra 5s 1967

96" "

30

103 M
102

49 M
84 M

Companies.

13

Eastern Gas & Fuel Assoc-

85

108M

6

East Prussian Pow 6s *53

3 Ms 1st M 8 f July 1. '65.J&J
Edison El III (N Y)—See N Y G

J&J

6M

5%
%

78

Erie

General Gas & Electric Corp—
Scrip 4s due 1942

6%

25

Edison Sault Elec 4Ms, 1961

.

110M

100M

A&O /

Economy Lt & Pr (111) 5s *56-J&D

Conn Ri v Pow 3 % ser A '6 J F&A
Consolidated Cities L P & Tr—

110

r

104%

82 M

Fontana Un Wat 6s 1935.-J&J
Fruit Growers' Express—

109

93""

106

104

129

Florida Power Corp—
1st mtge 4s series O 1966--J&D
Sinking fund debs 5s 1946-J&D
Florida Pow & Lt 1st 5s '54--J&J
Florida Public Service Co—
1st 4s series C 1955
J&J

108M

r

105 M

43

J&J
A&O
A&O

Federated Utilities Inc—
1st lien col tr 5Ms 1957—M&S

112

1st mtge s f 6M® 1952--.-F&A /
Certificates of deposit
f
8 f deb g 7s 1952
F&A f

109

Corp 6% notes, 1940

109 M
39

Detroit International Bridge—

Stamped guaranteed opt—J&J

Collateral 6s 1957

90

Ask

108

_

47

M&N

117M

„

63

47

M&N

130

3 Ms 1956

85 M
101%

61

92 M
27

m

Erie & Suburban

Denver Gas & Elec Co—
1st 5s 1949.
M&N
Denver <ias & Electric Lt Co—
1st & ref 5s 1951.—
M&N

J&J

J&J

5s 1952

M& '
Equit G & E Utica 5s 1942-A&O
Ercole Marelli El
Mfg Co (Italy)
1st s f 6 Ms 1953 with war M&N

Erie

90M

86

OCO

1st & ref

Erie Coach Co 4 Ms 1959
Erie Co Electric 6s 1959

83

Cumberland Co (Me) Pow & Lt—
1st mtge 3ks 1966
00
A&O
Cumberland Gas 6s w-s 1948M&N
Dallas Power & Light—
1st mtge 3Mb 1967
110
F&A
Dallas Ry & Ter 1st 6s 1951-J&J
77
105
Danbury & Beth Gas 6s 1948 F&A
Darby Med & Ohes Ry—See Phila R Tran
Darby & Yeadon 4 Ms 1934
/ 83
Dawson Ry & Coal 5s 1951.-J&J
104
Dayton Power & Light—
1st
ref M 3 Ms 1960
A&O t
1st mtge 3s 1970
J&J
102%
Delaware Electric Power Co—
Deb 5 Ma 1959
106 %
J&J
Delaware Power & Light Co—
1st M 4Mb 1971108%
J&J
1st mtge g 4Mb 1969
104 M
J&J
1st mtge g 4M8 1969
107 M
J&J
Delaware Vail Util 6s 1952.M&N
66 M

1st & coll trust 5s 1956—J&J
Connecticut Ry & Light—
1st & ref 4 Ms 1951
J&J

1st lien 5s 1962

106%
106%

2

84 M
100M

Crescent Public Service Co—
Collinc 6s B Oct 1 , 1954—J&D /
Cuban

conv 5s 1951

90

34

84

76

25-year deb 3Ms 1956—M&S

109%
128%

Connecticut Power—

_

109

Detroit Edison—
109

Colorado Power 1st 5s '53--M&N
105
Colo Utilities 1st 5Mb 1958.M&S /
47

Consolidated
Debenture
Debenture
Debenture

109M

70

Certificates of deposit
*
1st 5s, 1966
—M&N

100M

Coast Cos Gas & Electric—
1st s f 4s series B 1965
M&S
Colonial Util 5 Mb 1958
J&D

_

105

108M
108M
106M
105M
90

Contin Gas & El deb 5s 1958 F&A
Continental Pub Serv 6s '40. J&D /

1st mtge s f 6s 1953
Certificates of deposit
Convs f deb 6 Ms 1948

Clarksbury-Columbus Short

_

Water Co—
1st coll 6s series A 1946---M&N
Deb 5 Ms series A 1970
A&O

Bid

Empire District Electric Co—

107 %

Consumers

Des Moines Ry 1st inc 5s Jan 1 '55
Detroit & Canada Tunnel—

101M
105 M

Route Bridge 6 Mb 1952
J&D /
Clear Springs Water Service—

6s 1942

Bonds
El Paso Electric Co—
1st m 5s 1950 ser A

M&N'd
M&N
M&N
M&N
M&N
M&N

Stamped as to Pa tax
Denver Tramway Corp—
Gen & ref 5s 1950 ser A

101M

_

6s 1940

Ask

—

F&A

...A&O
Citizens Water (Scottdale)—
1st 5s series A 1953
J&J
City Light & Traction (Sedalia,
Mo) 1st s f 5s 1952
J&D
City & Sub PS—See Un Rys of St L
City & Sub Ry—See Wash Ry & El
City of New Castle Water—
5s 1941
J&D
City Water (Chattanooga)—

Income notes 3s 1955

1st mtge 3 Ms 1965
1st mtge 3Ms 1965
1st mtge 3 Ms 1967
1st mtge 3 Mb 1970
1st mtge 3 Ms 1966
1st mtge 3 M» 1969

Telep

„

Deb 5s 1969
——M&S
Conv deb 5s 1950
J&D
Cities Service Power & Light—
Deb 5Ms 1952
—M&N
Deb 5Ms 1949
J&D

Citizens

108%
110M

_

—A&O

B

Cities Service Co—
Ref deb 5s Jan 1 1966
Deb g 5s Apr 1958
Deb g 5s 1963—.

Bid

Co—

.

Cincinnati Gas & Electric—

.

Bonds
Consumers Power

Ohicago Railways Co—
1st 5s 1927 stpd as to 25% pt
red and pay Aug 1, 1938—F&A f
Certificates of deposit
/

J&J

105

A&O

105

Hoosac Valley Street Ry—
1st ext 6s June 1 1947—M&S
Houston Elec 1st 6s B 1950-J&D
Houston Gas Securs 5s 1952.M&S
Houston Gulf Gas—

%

43 M

15

101M
101M

102 M

1st M & col 6s 1943 ser A-A&O

104

104 %

Deb 6 Ms

101M

102%

1943 with war.-A&O

97

j

Consol

Hydro-Elec Wks of U
Wuerttemburg 1st 7s '56-.

*

/

13 M

Called May 1 at 105.
t Called March 16 at 104M
t Called
k Last sale,
n Nominal
r Payable in Canadian funds.
•

interest,




May 1 at 103.

b Basis,

d Called May 1 at 104M.

/ This price includes accrued

UTILITY

PUBLIC

March, 1940]

75

BONDS

bond prices are "and Interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

NOTICE—All

Bid

Bonds
Houston Light & Power—
1st mtge 3 *s 1966
—J&D
Houston Natural Gas Oorp—
1st

m

109*

r

1953.
Aug 1 1948
A&O
Idaho Power 1st 3 *s 1967..A&O
Illinois Bell Tel 3*s B 70-.A&O
Illinois Commercial Telephone—
3s

100
102

r

100
111

113

r

100

102

r

101

102*
99*

r

98*

r

97

108*
111*

99

108*
112

102*

65""

63

106*
104*
102*
99

M&S

Indiana Assoc Telegraph—
1st mtge 4*s ser B 1965..A&O z 105*
1st mtge 3 *s ser A 1970.. J.F&A
105*
Indiana Central Telephone Co—
1st lien coll 5*s 1938
M&N / 134
Certificates ot deposit.----- f 133
Indiana Gas Utilities 5s 1946.J&J
90
Indiana Hydro-Electric Power
1st mtge 5s 1958 ser A
M&N
98*
112
Indiana Pr 1st 7*s '41 A .M&N
Indiana Ry & Lt 1st 5s 1943-J&J
104
Indiana Service Corp—
1st & ref M 5s Jan 1.1950.J&J
1st 1 & ref 5s 1963
F&A

106*
104*
102*
99*

99

66*

64*

65

53*

(NY)Telep 5s 1954 J&D
Jersey Central Pow & Lt Corn—■
1st & ref 58 1 947 ser B
F&A
1st M 4*s 1961 ser C
J&D
Jer City Hob & Pat—See P S Corn
Johnstown Traction 4s Dec '31 62
Cons mtge 3s B Dec 31 1962 —
Joplin W W 1st 5s 1957.—M&S
Kankakee Water 4*s 1959..J&J
Kansas City Gas 1st 5s '46—F&A
1st 6s series A 1942
F&A

125*
103*
100*

126

1st mtge 3 *s 1969
110*
;
J&J
88
Kentucky El Pr lstsf 6sl960J&J
Kentucky Fuel Gas Corp—
1st 6*s 1942 stamped.—J&D f
1*
Kentucky-Ohio Gas Co—
Ctfs indebt 2s 1958
J&D f 30*

111

1st M

5*s 1955 ser F

A&O

1st M 5s 1961 series G

F&A
F&A
F&A
M&S

-

-

5s series H 1961

107*

Serial notes—

I

ser

100*

1st 6s series K 1957
1st mtge 4s 1970

3s Aug 1 1941..

102

S t mtge

M&N

104""
100*

103*
102*
101*

1st mtge 3*s 1966
Indianapolis W W Sec Co—
Secured 5s 1958

J&J

106*

107*

J&J

100

103

67

f

6*s stpd 1952 (25% paid)...

f
Sinking fund deb 7s 1938.F&A f
Inland Power & Light Corp—
Coll trsf 6s A 1936
M&S f
Coll tr if 6s 1941 ser B...M&N f
Coll tr 6s 1957 ser O
A&O f
Deb s f 7s 1935.
..J&D f
Inland Telep 1st 6s 1948
A&O
Inter borough .Rapid Transit—
1st & ref g 5s '66 op tax-ex.J&J f
Certificates of deposit
f
6% notes 1932
A&<
f
Certificates of deposit
f
Conv g 7% note 1932
M&S
Certificates of deposit
f
Inter continents Power Co—
Debs A 6s 1948.
J&D f
International Hydro-Elec System

Conv deb 6s 1944 w w
A&O
Internat'l Pow Ltd 6*s 1957M&S
Deb 681957
M&S
Debentures 6s 1955
.J&J
International Power Sec Corp—
6*% sec bonds 1955ser O J&D

54"
60

Kokomo

10

11*

J&D
Lackawanna & Wyoming Val RK

r
r
r

21

1st

19

21

Debentures

19

21

76

3r!H
72*
*

*
72

101

100

40*

27

30

J&D

79

84

40*
43*

63

40*
6

Serial

J&J

8

64

101*

103*
65*
102*

notes—

4s Apr 1 1940

100

4s Oct 1 1940
4s Apr 1 1941

100*
101*
101*
101*

4s Oct 1 1941.
4s

63*
41*

*

102

II.I

Apr 1 1942

4? Oct 1 1942
4s Apr 1 1943
4s Oct 1 1943

II

4s Oct 1 1945
4s Apr 1 1946
Iowa El Lt & Pr 7s

1st mtge 4s

ser

_______

101

101

O *42.F&A

J&D

ser

A..M&N

1st 1 & ref 5s 1961 ser B...M&S
Iowa Pow & Lt 1st 4 *s 1958 M&S
Iowa Public Service Co—
Deb 5s 1968
r__M&S

Debenture 6s 1960
1st mtge 3 *s 1969

(I.M&N
_F&A

Called June 1 at

Nominal,

r

105*

_

106*

107

34
106

106*

106

107*
108*

107

63

99

101

100

13*
102
108

67*

69*

111*
107*
109*

107*
111

90

7

7*
7*

7
21
22

25""

23

29

85
106

Serial

103*

103*

notes—

101

Aug 1 1941

103

4s Aug 1 1942
4s Aug 1 1943
4s Aug 1 1944

104

104

102
102

1 1945
1 1946

4s Aug 1 1947
4s Aug 1 1948—
Mich Fuel & Lt 6s A 1950—J&D

j&J

41

101*
100*

102*
101*

101

102*

58

60

91
126

Minneapolis Gas Light Go—
1st mtge 4s 1950
J&D
Minnesota Power & Light Co—
1st & ref 5s 1955.
1st & ref 4*s 1978

101*
101*
101*

86

90

46*

47*

102*

102*

107*

108*
106*

M&N

106*
103*

M&S

103*

103*

104*
109*
104*

104*

J&D

104

J&D

Lone Star Gas 3*s debs *53 F&A
Long Beach Gas 1st 5s '56—J&D
Long Island Lighting—
Secured g 6s 1945.
J&J
Conv dob g 5*s '52 ser A.A&O
Los Angeles Hermosa Beach &
Redona Ry 5s 1942
Los Ang Pac Co—See Pac El Ry
Los Ang & Pac RR-See Pac El Ry
Los Angeles Railway Corp—
1st ref s f 5s ser A 1948
A&O

103

71

109*

73*
109*

60

104*
103*

1st & ref 5s 1955

104

Mississippi Power & Light—
1st M 5s 1957

...J&D

105*
104

1st 4-5s 1956
—-A&O
Missouri Power & Light—
1st mtge 3*s 1966
J&D

93

107*

108*

Missouri Public Service Co—
1st s f 5s 1960
F&A
Missouri Telephone—

93*

94*

M&S

102*

4*s series O 1961

Missouri Val Pub Ser 6s '39 J&J f
Mobile Gas Service Corp—
1st 5s 1956
£
A&O

76
80
72

lOO""

Monmouth Cons Wat 5s '56. J&D

81*
80*

83*
82*

100*

122

J&D

1st M 5s 1949.

Monongahela Valley Water—
1st M 5*s 1950 series

107

107*

108*

109*

120

96
62

A..J&J
Monongahela West Penn Pub Ser
1st & gen mtge 4*8 1960.A&O

102*

Debenture 6s 1965
A&O
Montana-Dakota Utilities—
Conv deb 4*8 1946
A&O
1st mtge s f 4*s 1954
Montana Power—

M&N

1st & ref mtge

107

108

Montreal Lt Ht & Pow Consol—
1st & coll s f 3*s 1956
F&A

10*
99

100*

Luneburg Pow L & W W(Germ'y)

110*
110*

110*
110*

99*
105*

106*

99*

3*8 1966.-J&D
Montreal Isl Pow 5*s 1957 M&N

1

op'13 A&O

97

92

Monongahela Light & Pow Co—

F&A

1st M s f 7s 1948
_M&N
Luzerne Co (Pa) Gas & Elec—

1

95*
97

1st cum inc 9s ser A *56. .A&O
Income 7s 1956
A&O
Mob Lt & RR Cons g5s '41.M&S

Mohawk Valley ref 6s 1991 M&N
Debenture 6s 2031
A&O

50

M&S

F&A f

110

101

Missouri Gas & Elec Service—

Lincoln Gas & Elec 5s 1941 ..J&D
Lockhart Power 4*8 1955—J&D

1st ref&imp g 5s'48
1 st & ref 6s 1954

Mar 1952.
Michigan Associated Telep Co—
1 st mtge 4s ser A1968
M&N
Michigan Consolidated Gas—
1 st mtge 4s 1963
M&S

Mississippi River Pow 5s '51 -J&J
Deb 5s May 1. 1947
.M&N
Missouri Edison 1st 5*8 *47 J&D

93

Debenture 7s 1944
101

62

J&D

100

106

,

99*
98*

100*
99

1st & coll 3*s
1st & coll 3*s

1963.
1973

j&J

r

96

96*

Conv

1949

J&J

r

49*

50

notes

3s

J&J

14

108*

M&S

108

J&J

115

—

102

104

100*

101*

102*.
t Called March 4 at 104.
J Called April 20 at 103.
Payable in Canadian funds,
x Called April 1 at 105.




_

92

lstsf g6*s 1944

106*

Iowa-Ill Telep 2-5*s 1949..A&O
Iowa-Nebraska Light & Power—
1st lien & ref 5s *57

—

85

J&D

Lower St Lawrence Power—
1st s f 5s ser A 1955.
A&O

109

52

22

Mississippi Power Co—

1st mtge 4*s ser A 1966.M&S
Lower Austrian Hydro-Elec—

100
ser

Income deb 6s (w-e)

Middlesex & Somerset Traction—
5s 1950
J&J
Midland Util deb 6s 1938—M&S
Milwaukee Gas Light Co—
1st M 4*s 1967.
M&S

J&J

General 5s 1950
Lowell Gas Light—

68
63

Bridge—

Middlesex Elec Lt Pow 5s '55

92*

1953

Miami

49

91*

-.

1st mtge 4s ser G 1965
M&N
Metrop Edison Corp 6s '61 .M&S
Metro Wat Sewer—See Fgn bds
Metropolitan West Side "L"—
1st gold 4s 1938
F&A f
Exten gold 4s 1938
J&J
Mexican El L 1st M g 5s '42.J&J
Mex Lt & Pow 1st 5s '40 s f__F&A
Mexican Utilities 7s ext'49—A&O

47*

J&J

—

A&O f

A

88

98

M&N
Lewiston Gas Lt 3 *s O '56-A&O
Lexington Ry 1st 5s 1949
J&D
Lexington Water Power Co—
1968-

ser

82*

J&D

Leipzig Overland Power
S f mtge 6*s 1946

f 5s

66
1st 8 f 7s 1940 ser A Q Jan..
61
Certificates of deposit.
Maryland Light & Power—
101*
1st M 5*s 1950 ser A
J&J
101
Maysville P Serv 5*s A 1942A&0
Memphis Street Ry—
48
3-5s series A 1945
A&O
18
3-5s series B 1945
Ann April /

87*

9*

s

Market St Ry (San Francisco)

75

8l"

1st

100

1st M 5s 1956
J&D
Michigan Public Service Co—
1st g 58 1947 ser A
A&O
Middle States Util 6s A 1951 A&O
Middle West'n Telep 6s '43. -J&J

f

Louisville Ry2d 4*s 1940—

100*
100*
100*

E 1955

12

*6

General 5s 1933
.F&A f
Lake Sh Gas 1 st 5 *s 1950 _M&N
Lake Superior District Power—

Louisville Gas & Elec Co (Ky)—
1st & ref M 3 *s 1966
M&S
Louisv Ltg 5s '53 unstmpd. .A&O

101

T

9

102

1945

103*

99

98*
104

Michigan Gas & Electric Co—
1st & ref 68 1943
M&S

La Crosse Telep 5*s 1948..J&J
Lake Shore Elec Ry 6s 1933.J&J

4s

103

_

r

49

1st ref s f 5s ser B 1950
A&O
Louisiana Pow & Light Co—
1st mtge 5s 1957
J&D

101

4s Apr 1 1944
4s Oct 1 1944.
4s Apr 1 1945

108

105*

42*
50*

Lombard Elec Co (Italy)—
1st extl 7s 1952

54

104

Iowa Electric Co—
1st 4s ser A 1961

40*
44

67

A&O

107*

48

Conv deb 5*s

Interstate Tel & Tel 5*s 1953J&J
Investors Telephone 3s 1961-J&J

106*
107*

40

1st mtge 3 *8 ser A 1966. .A&O
Lancaster Co Ky & Lt 5s 1951 J&J

14

J& J

4s Aug
4s Aug

102

40

ser

Ref & impt g 5s 1960
1st extend 5s 1945

42*

Buff Trac 1st 5a 1948

Interstate Telephone Co—
1st M 5s 1961

170

B 1942—F&A

1st extend

44*

J&J

160

Lehigh Valley Transit—

96*

43

Deb gold 6s 1952

1948

6s

82
82

Ref & gen 4s series O 1967-J&J
Market Street El Pass Ry—
See Phila Rapid Transit

4s

_

_

J&J15
International Railway (Buffalo)Ref & impt 3-5s 1962
M&N

Interstate P S (Ark) 6s 1940 M&S
Interstate Rys 4s 1943
_F&A

103*

1st col&ref 5*sl960 ser D F&A
ser A 1942
F&A

6s coll notes
6s coll notes

45

Int-State Bridge 4-6 *s *50 M&N
Interstate Gas & El 6s 1951.. J&D
Interstate Power 1st 5s 1957.J&J

105

Light Co—

74

43

F&A

103

102*
103*

F&A
F&A

1951

36*

F&A

Deb 5s 1955

Works—

A&O
F&A
1956. A&O
A&O

4s Aug 1 1940

Ref & ext 1st 5s 1939
..A&O
Ret & ext 5s. 1942
A&O
1st M coll tr 5 *s '53 ser O F&A

93

70*

5s

Laclede Gas

9

7*

74*
73*
35*
32*

104*
104*

103

1st 5s ser A 1958

19

Sec 7s 1957 ser E
Sec 7s 1952 ser F

International Telep & Teleg—
Deb g 4*s 1952
J&J

Water

79

„

—

52*
57*

71

,

70

61

91

106
104

99

Keystone Telephone Co—
1st & ref 5*s 1955 ser A.-J&D
1st 1 & ref 6s 1951 ser B
A&O
Kings County Elec Lt & Power—
Purch money 6s g 1997..A&O
KIngsCoElev—See Bklyn-Queens
Kings Co Gas & 111 1st 5s '40 A&O
Kings Co Ltg 1st ref 5s '54..J&J
1st ref 6*s 1954
J&J

„

101*

_

J&J

44*

85*

J&D /

f 7s 1941

48

43*

8

„

101*

Keokuk Elec 6s 1945

s

79

Marion-Reserve Power—

lstsf 7s 1957

102~"

Kewanee(Ill)Pub Ser 6s A '49 J&J
Key West Electric 5s 1956.-F&A
Keystone Public Service—
1st M 5s 1978
.M&N

/

J&D /

Metropolitan Edison Co—
1st M 4*s 1968 ser D—M&S
1st M 4s 1971 ser E
M&N

104

104

101

F&A f

4*s 1955

—

76*
76*
45*

Meridionals Electric Co—

115*
103*
104*
104*
102*

—J&J
F&A

—

54*

6

A&O f

/
Certificates of deposit—
Manila Elec RR & Ltg Corp—•
1st lien & colltr 5s 53
M&S
Manitoba Power Co Ltd—
1st Msf 5*s '51 ser A—J&J
1st M s f 5*s 1952 ser B„J&J
Mannheim & Palatinate Elec Cos

53*

—

104*
101*

100

103
102

Indianapolis Ry 5s. 1967
Indianapolis Water—

*

1st M 5s 1969

3s Aug 1 1940—

Aug 11942
Aug 1 1943
Aug 1 1944
Aug 1 1945
4s Aug 1 1946..
4s Aug 1 1947..
4s Aug 1 1948..

37*

A..M&S

1st mtge 4*s 1980
J&D
Kansas Power 4s series A '64 J&
Kansas Power & Light Co—

85

—

1st income 3-6s 1957 w s An Oct „
2d Income 4s 1963 w s—Ann O /

iiii

108

71

3*s
3*s
3*s
3*s

35*

78

99

106*

'53.J&J

Gen sf 5*s 1956
Maritime Telephone & Tel—
Ref & gen 6-4 *s ser B 1966

llo""

108

76

M&N

A 1959

48

6

105*
102*
103*

ser

Macon Ry & Light 1st 5s
Manchester Terminal—

1st mtge 4*s 1952
1st mtge 3 *s 1960
Maritime Electric 4 *s

106*

70

106*

43

Ask

Quebec Power—

f 4s

15-year
105*
105*

1st mtge 3*s ser A 1966.J&D
Kansas Gas & Electric—

81

P&A

4*

104*
105*

Service—
1957....J&J f

Kansas City Public
1st ref 4s series O

em Traction 1st 6s 1948..F&A
Indiana polls Gas 5s 1952 ...A&O f

—

Indianapolis Power & Light—

*

52

104

1967

2-6s.

Kentucky Power & Light Co—
1st m 5*s 1948 ser B
M&S
Kentucky Utilities Co—
1st M 6*s Sept *48 ser D M&S

10

„

n

-J&J

1st

s

Bid

Macon Gas 1st mtge4*s '52. J&D

Manhattan Ry (N Y)—
Cons 1st guar 4s 1990
Certificates of deposit.
2d gold 4s 2013

50

99

Inland Gas 6*s 1938
Certificates of deposit

75

49*
3*

Indiana Telep 5s A 1960
J&J
Indianapolis Columbus & South-

3*s 1st mtge 1968

46*

73

James River Bridge System—-

Deb gold 6s 2022 ser

92""

66

J&D /

1940

45*

Kansas Elec Power—

106*

Indiana & 8 W Gas & Util—
conv notes

1st

102*

Jamest'n

104

1st & ref 5*s 1954 ser B..J&D
1st & ref 5s 1956 ser O
J&D

6%

104

106*
100*

100

25-yr s f 5*s 1953 ser A..M&S
Italian Superpower Corp—
See Investing Companies
Jackson County (Mo) Lt H & P—
1st 6s series A 1956.
J&D
Jacksonville (Fla) Gas—
58 stamped 1942
- J&D
Inc deb 6s ser A w s 1952 M&N

r

1st 58 series A 1948
M&S
1st mtge 5b 1960 ser B...M&8
111 Community Tel 6s 1949. -J&J
Illinois Power & Light Corp—
lst&ref6s 1953 series A._A&O

„

103*
105*

J&J

lst& ref 5*s 1950
1st & ref 5*s July
Deb 6s 1950 ser A

Island Gas & Electric—

A&O
A&O
P&A

8 f deb 5,*s 1957

80

76

102*
101*
105*

Hydro El Bond & Sh 5s 1957M&N
Hydro Elec Power Commission
(Ontario) 3*s 1943
J&J
4^s due Jan 1, 1970
J&J

T

Bonds
McLaren

1 '50.M&N
M&N
Isarco Hydro-Elec Co (Italy)—
M&N
1st M s f 7s 1952

126

M&S
..A&O

3*s

110*

105

Hudson
Hudson River Trac 5s 1950.M&S
Huntington "Water Corp—
1st mtge 6s series A 1954. _M&S

3 Ms 1947
2 Ha 1942...

Ask

Iowa Southern Utilities

coll 6s '43 with warr_J&D
Co Gas 5s g 1949.-M&N

1st M 5s 1954 ser B
1st 5s ser O 1962

Bid

Bonds

Ask

b Basis,

f This price includes accrued interest.

k Last sale,

PUBLIC UTILITY BONDS

76

All bond pricos are "and Interest" except where marked "f"
Quotations for all securities are as near as possible for the closing day of the

NOTICE

Bid

lionds
Montreal Tramways—
1st & ref g 5s 1941 opt—-J&J

Gen
Gen
Gen
Gen

83 %
54 M

& ref 5s 1955 series A.A&O
& ref 5s 1955 ser B.._A&O
& ref s f 4Ms *55 ser O A&O
& ref 5s 1955 ser D.A&O

Mountain States Power Co—

30-yr 3%s debs 1968
Muncie Wat Works 5s

"

1

68"

105M

Morgantown Water 5s 1965—J&J

86

100M
100M

-J&D

108M
105 M

1965.M&N

91"
101M
101M
108 %

1

lagara Falls Power—
1st & ref 3 Ms 1966
M&S
lagara Lockport & Ont Power—
1st & ref 5s 1955 ser A
A&O
"ippon Elec Pow Ltd (Japan)—
1st mtge 6 Ms 1953
J&J
"orf & Ports Bdge 6Ms '47--F& A
6 Ms ctfs of dep
1947

14

.

3Ms debentures 1954

109

S f deb 5 Ms 1956
forth Boston Ltg

98 M

99 M

99 %

99 M

&

1M
99%

97

96 M

r

98 M
99

National Power & Light—

112M
107M

.F&A
M&N

Deb 6s series A 2026
Deb 5s 2030 ser B

108M

112M
108 M

57

62

45

50

37

106M
105M
106M

3Ms secured notes

J&J
Properties
1947
A&O
f

,

-J&D
-M&N

107
105 M
106M

34

102

102M

105 M

106

1M

A. J&J

46 M

47

1957—M&N

92 M

94

1st coll & ref 5Ms '48 ser
"orth Penn Gas Co—

1st M & lien 5Ms

orth Shore Gas Co of Illinois—
Joint 1st mtge 4s ser A '42.J&J

87%
74

113M
107M
23 M

Debenture gold 5s 1978.-F&A
Certificates of deposit
Nat Toll Bridge 6s stmp *39. J&J
Nebraska Pow 1st 4Mb 1981 -J&D

ff 22V'

23 M

fuoH

110M

M&S

126M
80 M

Nev Calif Elec 1st 5s 1956—.A&O
Deb 6s July

97

1941
J&J
Gas—See N Y

New Amsterdam
GELH&P

_

124

*48.J&D

Newark Cons Gas con 5s

117M
101M

Newark Gas 6s Apr 1 1944.-Q-J
Newcastle (City of) W 5s '41 J&D
New England G
Deb g 5s 1947

& E Association

67 M

128

78

xl05%

125

IIII

67

Conv deb 5s 1950

67

67 M

.

1st mtge 3 Ms 1964
"orthern Texas Elec Co—
Coll tr ■ f g 5s 1940 opt
orthern

Utilities

1st lien 4-6s 1968

97%
98%

S f reg

J&J /
M&N

125%
127

126
....

New Jersey Water Co—
1st mtge 5s 1950
F&A
New Mex Gas conv 6s 1951 M&N

104.

"orthwestern

73
109

102

105"

cum

100

—.J&J
Lake—
J&J

1st & ref 581952 series A..A&O

100%

f 102M

Newport & Fall River 8t Ry—
Consolidated 4 Ms 1954
J&

104

—

106M

1st & ref 5s 1944

108M

109 M

110

110M

97 M
95 M

Gas-

99"
97

108

108M

108M

109 %

124M

125 M

118

118M

140M

148

121

123

98

9M
9M

99M

11

106

'44.J&J
& Power Co—
f 4s 1957
J&D

108

111M
110

105 %

106 H

95
r

F&A
J&D /

1st & cons 4s 1965

71

73

14

113 M

114M

N Y & Queens Elec Lt & Pow—
1st & cons M 3 Ms 1965—M&!

108

108M

New York Rys Corp—
Prior lien 6s stpd 1958

107

107 M

J&

82

/
/

Gas Co—
1st ref M 6s 1951 ser A..M

38
9

N. Y. & Richmond

105 %

106

N Y State El & Gas Corp—

1st

4Mb

:
M&N

1960

1st mtge 3 %s 1964
New York State Rys—

/
f

104M

105 M

103 M
106

104
108

106M

106M

8%
8%

9

9%

New York Steam Corp—
105 M

105 %

107 M
107 M
106 M

Co—

Electric

103 %
108 M

M&N
A&O
Pennsylvania Gas & Elec Co—
1st 1 & ref 5 Ms '55 ser A—M&S

100M
112

107M

108M
109M
108

J&D
A&O

129

107M

107 M

F&A

108M

108 %

F&A

103

F&A
F&A

102M

hio Public Service Co—

1st mtge 4s, 1962

1940

3M-3 Ms 1941-42
3 Ms 1943-1944
4s 1945-1947

1 st. ref 4

/

93 M

s

f 5s

.

102

102 %
110

'

103 M
112

106M
106

107 M

104
27

104 M

1

28
4

82

83 M

61

105

63 M
106

105 M

117M

49 M

95

95

99

96 M
99

119M

17
104
98

97

30
102

M&N
..M&N
M&N
F&A

104 M
101

103

Company—
105 M

107
Duquesne Lt 1st 3Ms '65. J&D
12
Duquesne Trac 1st 5s '30.J&J
84
Pittsb Rys 5s 1953
A&O
2d Ave Tr 1st 5s 1934
J&D f
8
So Trac 1st & coll tr g 5s'50A&0 /
6
United Trac 5s 1997 ctfs..J&J
3M
West End Trac con 5s '38.J&J /
8
Philadelphia Electric—
110M
1st & ref mtge 3 Msl967—M&S
Philadelphia Electric Power Co—
114M
1st mtge
5Ms 1972
F&A
Phila & Garretsford St Ry—
59
1st 5s 1955
F&A

Philadelphia Rapid Transit—
99 M
Coll tr g 5s 1957 opt s f—F&A
90
5 f guar 5s 1962
M&S
98 M
6s gold 1962..
M&S
102
1st m r e 6s 1944
J&J
Darby Media & Ches St Ry
1st 4Ms 1936
J&J / 22 M
Hest Mantua & Fairm—
1st extd 5Msl939
M&N / 83
Market Street Elev Pass Ry
1st g gu 4s 1955
100M
M&
Union

117

117

Secured gold 5s 1967
J&D
Ardmore Street 5s 1958..A&0

108
*

116

118

J&D

1st & ref 5s 1950

88
91

98

w—F&A

w w

Prior lien 5s 1948
1st con 5s 1948

81

J&J

D '61. J&D
5s' 47 M&N

Peoples Light & Power Corp—
1st lien 5 Ms 1941
J&J
Conv deb 5s 1979..
J&J
Peoples Light & Power Co—
1st lien coll 3 6s 1961
J&J
Peoples Telep (Butler, Pa)—
4s I960...
J&D
Peoples Tract—See Phila R T
Peoples Water Service (Md)—

Philadelphia

Valley Water 5s 1954—Jc!
A 1958.F&
1st mtge 4s 1964
—J&D
klahoma Gas & Electric—
1st mtge 3 Ms 1966
J&D
Debentures 4s 1946—-...J&D
Oklahoma Natural Gas—
1st mtge 3Ms ser B 1955._F&A
Oklahoma Power & Water—
1st M 5s 1948 ser A
--F&A
Oklahoma Ry 1st & ref 5s '41 .J&J
Income 5s 1990
Apr 1
Old Dominion Pow 5s May 15 '51
Omaha & Council Bluffs St Ry—
1st extd 4s 1947
——Jf&J
Ontario Pow 5s'43 op to 13.F&A
Ontario Transmission Co Ltd—
1st gu £ 5s *45 opt bef '16.M&N
Oregon Elec Ry 3s 1958 —M&S
Oregon-Washington Water Serv—
1st M 5s 1957 ser A——J&D
Ottawa El Ry 4M8 *48-'55_J&J

'

A *67-F&A

ser

85
Peoples Gas (N J) 1st 5s *68. J&D
88
Istsf 5 Ms 1960
J&D
21M
Peoples G & Fuel 6 Ms ww'37 A&O /
People's G L & Coke, Chicago—
1st cons g 6s 1943
115M
A&O
116M
Refunding gold 5s 1947..M&S
95 M
1st & ref 4s 1981 ser BJ
J&J

1st consol 4s 1948..

91

<•

105M

105 M
95 M

1954
Peoria Water Works Co—

38

•

105 %

105 H

1st

100

(with warr)..

73

108M
107 M

1103

Ms 196ft sor B

1st lien 6s A 1949 w
Peoria Service Co—

100 M
98 M

F&A

86

Refmtg&colltr3Msl964 J&D
Ref mtg & coll tr 3Ms '70.. J&J

Mutual Fuel Gas g

M&N

93

M&S

L&Ry 5a 1958

Pennsylvania Gas & Elec Corp—
Deb gold 6s 1976 ser A—.M&S
Pennsylvania Pow & Light Co—
1st mtge 3 Ms 1969
F&A
4 Ms debentures 1974
F&A
Pennsylvania State Water Corp—

1st & ref mtge 4s ser

109
1st mtge 4s 1967-—
M&S
107 M
1st mtge 3 Ms 1972
-J&J
_hio Elec Pow 1st M 5s '57-J&^ d 105M

hio Water Serv 5s

108

1 st & ref 4s 1971 ser F
1st & ref 5s ser H 1962

Penn Wat Serv 5s

99M

100

1st M coll tr 5Ms '53 ser A.J&J
hio Edison Co—

hio

-

100

103 %
1st coll trust 4Ms 1966—M&N
Penn Telep 1st M 4s 1965..A&O t 105
106
Penn Water 1st. 3 Ms A '67—F&A
Penn Water & Power Co—

73

N'western Telog 1 st 4 Ms

1st 6Ms 1943
7 Ms 1943

F&A
M&N
..F&A

Pennsylvania

N Y Gas Elec LH&P Co-

New Amster Gas 5s 1948..

106

11

1st

8M
8%

Northwestern Pub Serv Co—
1st M 5s ser A 1957
J&J

3s

M&N

88 M
68

16

13

15

101%

Penn Public Service Corp—
1st & ref 6s ser O 1947
M&N
1st & ref 58 series D 1954 .J&D

Notes—

■

New York Edison Co—

125M

M&N

Penn-Jersey Water—
1st coll 5Ms 1960
Penn-Ohio Edison Co—
Deb g 6s 1950 ser A
Deb 5Ms 1959 ser B

35

73

Deb g 6s 2024
1st mtge 3 Ms 1968

102 M

12

Elec

&

1964

1st & ref 4 Ms 1977
1st 5s 1979

Ohio Power Co—

Newport Water 5s 1953
B
New Rochelle Wat 5 Ms '51.lv
1st 5s series B 1951
M&N

Gas

68

104 M

•••»•.

Passaic

&

Non-cum inc deb 6s 1950.M&N
Penn Central Light & Power Co—

99 M
111M
105M

115

108M
110M
104 M

Parr Shoals Pow 5s 1952...A&0
Paterson Ext extd 5s 1950
J&D

,

/
/

income 5s 1953..A&0 /

1956
berpfalz Elec 7s 1946

104M
101 %
102%

1955

5s

106

M&N y 103M
(Chic)—

18
104 M
104 %

93 M

M

_

Deb 5s

107

/

26

F&A
Pacific Telephone & Telegraph—
Ref mtgle3 Ms ser B1966. .A&O
Ref mtge 3 Ms ser O 1966. J&D
1st

65

orthwestern Power Co Ltd—
1st M s f conv 6s '60 ser A.J&J
Certificates of deposit

1st M s

Serv—

Pecos Valley Power & Light Co
1st extended 6Ms 1950.-M&N

Y PA NJ Utilities-

107

Pub

102

130M
127 M

"ova Scotia Light

New Mexico Power—

Northwest

Conv deb 6s 1950——M&S /
Pacific Power & Light Co—

101*

■

[orthwestern Light & Power—
6s series B 1950
F&A
1st

70

Elevated

108 %
110

102

66 M
10

0 /

1st mtge 5s 1941 opt
M&S
Union El (Loop) 5s g'45__A&0

99

r

108M

Y &
East
River
NYGELH&P

111%
111M

J&J

87

income 3-6 Ms May 1 '69

"orthwestern Electric—
1st 6s stamped 1945

112M

N

75
109 %

1st & ref M 3 Ms ser I 1966. J&D
Pacific Light & Power Co—
1st 5s, 1942.
J&J

consol gold 5s 1949
,_.M&S
Paterson & State Line Traction—

Co—

"orthwest Louisiana Gas—
1st M 6 Ms 1936 with warr. J&

A&O

1st s f 7s 1946
Mi
New Orleans Pub Service Co—

48 M

Pacific Gas & Electric Co—
1st & ref M 6s 1941 ser B.J&D
1st & ref M 4s ser G 1964..J&D

Paterson

106

M&S

109 M

1st & ref 4Ms O 1981
M&S
4Mb 1983
M&N
N J & Hud Riv Ry & Ferry—
1st gold 4s 1950
M&8
N J Pow & Lt 1st 4Ms '60—A&O

1st s f 5s 1943

50 M

32

Refunding 5s 1961
M&S
Los Angeles Pacific Co—
1st ref g 4s 1950 opt '15.. J&J
Los Angeles Pacific KR—
1st & ref mtge 5s 1943.M&S

5s

126M

1st & ref M 3 Ms 1967.
F&A
orthern States Power (Wis)—

68

107 M

1st mtge 58 1958
New Orleans City &

101M
103 M
99 M

Paterson Ry—See Pub Serv Corp
Pecos Valley Gasext6 Ms '44M&N

129

1st lien & ref 7s 1946 A—.M&N
1st lien & ref 6s 1947 B...M&N

96 M

New Haven Water—
1st & ref 4 Ms B 1970

M&S

s

105M

57

65

97

100M

F&A

1st & ref 58 1956 ser A...J&D
1st & ref 58 1962
A&O
forthern States Power (Minn)—

Oonv deb 5s 1948—

M&S

1st 3 Ms series A 1969

81M
98 M

67 M
67 M

J&D
M&N
Convertible deb 5s 1962—J&J
New Engl Pow Assn 5s* 1948.A&O
Deb 5Ms 1954
J&D
New England Power—
3
series A 1961...—M&N
New England Tel & Tel—
1st 5s 1952 series A
J&D
1st 4Mb 1961 ser B
M&N
Newfoundland Light & Power—
1sts f 4Mb 1956
J&J

98
104

f 5s 1952..
M&S
Pacific Coast Power 5s 1940-M&S
Pacific Elec Ry g 5s 1942
J&J

1st mtge 3 Ms 1969
Ozark Power & Water Co—

Pacific

101

National Public Service Corp—

Deb 6s 2022—

84

3-3 Ms 1940-1948.
A&O
Otter Tail Power Co (Minn)—
1st mtge 4s 1961
...J&J

1 st & ref M 3 Ms ser H '61 .J&D

1953.F&A
—

Bid

1st

r

108 M

J&J f

Nat Lt & Pow 6s 1949.

93 M

111M

F&A
F&A
F&A

4s debentures 1959

1st 5s 1951
M&N
Nassau El RR—See Bklvn Queens
Nassau & Suff Ltge 5s 1945. _F&A
5s stamped 1978
Nat Gas & El Corp 5s
58 series B 1947

110M

forth American Co—

Mutual Un Tel—See West. Un Tel

Narrangansett Electric Co—
1st mtge 3 Ms 1966
J&J
Nashville Gas & Heating Co—

National Electric Power Co—■

93

1st M 5s 1951 ser A
M&N
Y & Westchester Lighting—

3 Ms debentures 1949

Municipal GaB & El Corp of
Reckinghausen 7sl947 —J&D /
Mut Fuel Gas-See Peoples GL&C

110M

Ref mtge 3 Ms ser B 1967—J&J
Y Water Service Corp—

Bonds
Ottawa Light Heat & Power—
Ref & coll tr 4s 1957
A&O
Serial notes—

Ask

See N Y Gas Elec Lt & Pow

]

24

J&J
J&J

1st M 6s 1938 series B
Mountain States Tel & Tel—■

1

85

i

54 M

Bid

Bonds

54 M

Mount Hope Bridge 5s 1969. J&D
/
2d income 8s Dec 15 1969
1st & ref 5s 1938

Ask

and Income and defaulted bonds
month preceding the date of issue

8
5

110M
115
60
101
99 M

104

....

....

101M

Traction—

Elec & Peo 4s tr ctfs *45. AS

/

13 M

f

18

14

People's Traction Co—
94

*

Called Mar, 16 at

k Last sale,

n

102.

Nominal,




r

t Called April 1 at 105.
t Called Mar. 1 at 103.
6 Basis, d Called June 1 at 104%\
Payable in Canadian funds,
x Called May 1 at 105.
y Called May 1 at 103.

/This price includes accrued interest.

NOTICE—All bond prices

Bid

Bonds
Suburban Water Co—
f 4s 1965
M&S

Phlla
1st

►

107%

*

57
84%

J&J
J&J

Rhine-Westphalia El Pr (Germ'v)
Mtge g 7s 1950
M&N
Direct mtge 6s 1952-—.M&N
Con mtge 6s 1953
F&A
Cons 68 1955
A&O
Richmond (Ind) W W Corp—
1st M 5s 1957
-M&N
Richmond (S I) Lt & RR—
1st coll tr b 4s 1952
j&J

108%
57%
85%

Phlla & West Chester Traction—
39

J&J
J&J

1st 4s 1954
1st 6s 1954
Phlla & Western Ry 5s

49

4%

1960-J&J /

Rio Grande

Philippine Long Distance Tel—
1st

8

J&J

f 6s series A 1953

r

1927-A&0 f
1940-----

Pittsburgh Trac 1st 5s

1942365

12

__

.

m

5s

Edison Co—

■

.

•

„

91%
87%
94

102%

1957—J&D

Oonv deb 5s ser A

24%

87
r

F&A

1954—__-F&A
1952—J&D
Public Service Co of Colorado—1st mtge 3%s 1964
J&D
Public Gas &Ooke 5s

4«

s

f debs 1949

104 %
100%
106 %

89

102"

3%s
3%s
3%s
3%s
3 %s
I
3%s

3 %8
3 %s

3%s
3%s
3%s
3 ys
3 %s
3 %s
3%s
3%s
3%s
3 %s
3%s

Sept
Mar
Sept
Mar
Sept
TVTa.r
Mar
Sept
Mar
Sept
Mar
Sept
Mar
Sept
Mar
Sept
Mar
Sept
M ar
Sept

1
1
1
1

45

M&S

101%

101

102%

Jan 1 1942

—

M&S
15 1964-_ f

99

100.14

103%
102.75
102

99%

1 1947

98%

1 1948

97.25

98

99"53

98~.78

1 1948

96.75

98.36

1

1949

96.50

97.91

1 1949

96%

3%s ser O 1960--F&A

'60--M&N
| '1st 3 %s series E 1961F&A
1st 3%s series F 1966
J&d

157

1946 -J&J

104

Ry debenture 4 %s 1943.-j&D
Savannah Electric & Power Co—
1st & ref M 5s ser F 1955-M&S

158

Savannah Elec Co 5s g '52_J&J
81

1st g
Eliz & Raritan Riv 5s '54.M&N

86

Elizabeth & Trent 5s '62-A&0

103

J O Hob & Pat 4s 1949-_.M&N

70

Peterson Ry—
2d 6s '14 ext 5% to
So

'44-A&O
Jeisey Gas El & Trac—

95

1.1953.M&S

128

Guar g 5s March

Public Service Co of Nor 111—
1st mtge3%s 1968
A&O

A&O
Schenectady Ry 1st 5s Mar 1, '46
Scioto Val Ry & Pr 1st 6s '43-J&D
Sayre (Pa) Elec 5a 1947-

90

M&S
Scranton-Spg Brook Water Serv—

100

1st & ref fis 1967

F&A

A

F&A

1st & ref 5s series B1961.F&A
Scranton Trans ser A 5s'59_A&0

108

108%

106%

107%

4s series

Public Service Co or Oklahoma—
1st mtge 4s ser A 1966
Serial debentures—

ser

B1959

A&O

M&S

4s Feb 1 1943

103

Shawinigan Water & Power Co—
1st M&col s f 4%s'67 ser A A&O
1st coll tr 4%s ser D '70-A&O

102

101

►tfublic Service Co of Pa—
1st lien & coll 5%s *53

1st coll tr 4s

j&D

70

75

A&O

J&j

J&j
..j&D
Public Utilities Consol Corp—
1st M 5Hb 1948
M&S
1st coll 4-5 %s 1948
A&O
Puerto Rico El Pow 4s to '56.J&J
Puget Sound Power & Light—
i
1st & ref 5%s 1949
&D
1st & ref 5s 1950 ser C
M&N

/"lst & ref 4%s 1950 ser D.j&D
Quebec
Power—
1st & coll 4sl962
M&S

Queensboro Gas & El 5s '52.J&j
Oonv g deb 5%s *52 ser A. A&O
Republic Service Corp—
1st coll trust 5s 1951
j&D
Union—
j&j /

111%

112

147

150

4s series B

66
100

88

68%

Sierra Pacific Power Co—
1st & ref 5s 1960 ser A

1st 5%s ser B 1957

M&S
M&S

97%

98

94%
92%

95

Silesia Elec Corp s f 6 %s'46 -F&A

92%

Sioux City Gas & Electric Co—

80
118

1st mtge 4s 1966
Serial debentures—

81%

3s 1940-41

1947

M&S

73

1st 6s

C

1947

j&d

73

series

111%
108%

1st mtge 3%s ser A 1970-.f&A
Southwestern Light & Pow Co—

103%

103%

102%

1st mtge 3%s ser A 1969.-J&d
Southwestern Power & Light—

103%

104%

105

Deb g 6s 2022 series A
M&S
Southwestern Public Service Co—

100

101%

107%

108%

M&n *

1st 4s series D 1960

107%

1st M

108

s

States

1st 6s 1949

—

-

111%

Springfield (Mass) St Ry—
Ref & gen 6s 1940

M&S

Stamford Water 1st 5s 1952.-J&j

19

134%

112"

5

92"
104%

94%

95%

94

95

70
55

73
58

100%

75

77%

74%
79%

109
106

103

104%

105%

35%

36%

127

Convertible notes—

1 '48—-A&O
A&O

6s stmp ext May 1 '48
Debenture 6s 1951

F&A
J&d

Debenture 6s 1906

92

104

74
72

Standard Gas & Elec of Del.—

105

90%

M&S

Spokane Gas & Fuel 5s 1944-F&A
Spring Brook Water Supply—
1st ref 5s 1965
A&O
Spring Val Util ref 6s1943—j&d
Springfield City Water—
1st mtge 4s ser A 1956
A&O
Springfield (Mo) Gas & Elec Co—
1st mtge 5s 1957 ser A
j&D

106%

106%
110%
105%

Telep Co—

1948——

6s stmp ext May

90

J&j

f 6s 1945 ser A

1st M 6s

%

133%

106

60
60

62

60%

62

60

62

61%

6s gold debs 1957
F&A
Standard Power & Light Corp—

60

61%

Deb g 6s 1957
Standard Public Service

61

62

73%
73%

75%

F&A
Corp—
F&A
J&d

1st lien 68 series A 1948
1st lien 6s 1948 ser b

Standard Telephone Co—
1st 1 coll tr 5%s '43 >er A.M&n /
Certificates of deposit
/

89
89
13
13%

M&n/
A&O /
Steubenville Wellsburg & Weir ton
Ry 1st 5s 1951
A&O / 20
Syracuse Gas g 5s 1946
j&J
118
Syracuse Lighting 5s g 1951-j&D
129
Syrac Rap Tr 1st g 5s 1940-M&S /
17%
2nd mortgage 5s 1930
j&J /
4%
Taiwan El Pow s f 5%s 1971-J&j
56%
Tampa (Fla) Gas 5%s '58--A&O
95%

Stettin Pub Util 7s 1940

1st

5s

A&O

1961

•II-

lS %
5%
58

96%

93

95

76%

77%

97%

98%

Telephone Bond & Share Co—
Deb 5s

95

94%
79%
100%
101%

96
95
82

101%
102

62%
67%

65

68

Telephone Service (Ohio)—
5s 1953
M&N
Temescal Water 1st 5s A *60 M&N

13%

J&J

105%

J&J
J&J

101
103

Sioux City (la) Serv 6sl951-J&J
Somerset Un & Middlessex Ltg—

101

73%

104

19%

Mtge g 4s Dec 1, 1943.—j&d
South Bay Consolidated Water—
1st ref 5s 1950
M&N
South Carolina Power Co—
1st hen & ref 5s 1957
J&J

81

105%

F&A

1st M 5s 1943
s

f 6s series A 1955. _-M&N

1st

M

j&J /
opt—J&J jf

Texas Electric Service Co—
1st mtge 5s 1960
Texas Gas Utilities Co—

1st mtge 6s ser A 1956
Texas Pow Corp 6s 1950
General

100%

96%
45%

46"

g

6%s

1956

Texas Power & Light—
Deb g 6s 2022 ser A
1st & ref 5s 1956

100%

103

101

5s 1944
M&N
109%
Terre Haute W W Corp—
1st M 6s 1949 s hp A
j&D J
1st M 5s 1956 ser B
F&A J
Texarkana Wat 1st 5s '58—F&A
105%
con

J&J

1st 2-6s 1951
M&S /
Texas Hydro Electric Corp—

103

100

Tennessee Eastern Elec Co—

Texas Elec Ry 5s 1947
Tex Trac 1st 5s 1937

106
103

96%

j&D

1958

Terni Hydro Elec 6%s 1953-F&A
Terre Haute Traction & Light—

102

72

14%

B

107 %

95

5s 1942-1946

10

1st 6s series

Ref

A&O

Shinyetsu Elec Pow (Japan)—
1st sink fund 6%s 1952
J&d
Shrevp't Bdge & Term 5s'55_F&A
Shreveport Rys—
Gen Income 4s (whs) 1957-A&O

222

86%

1961

40

S'west Pub Serv 6%s 1937--M&S
Southwest Telephone Co*—

1st & ref M 3s ser C 1968—J&J
Southwestern Gas & Elec Co—

Shenango Valley Water—

Public Service Elec & Gas Co—

Rhine-Ruhr Wat Serv
Extl deb 6s 1953

F 1961

1st coll tr 4s ser G 1969—J&D
Conv coll sec 3%s 1946—M&N

.

1st & ref M 3 %s 1968
1st & ref 5s 2037
1st & ref 8s 2037

ser

38%

108

10

16

Lighting
1944—Co—

/

111%

65%

74%

Second Ave Trac—See Phila Co—

100%

Non-cum 6s (ws) 1951—
Southern Utah Power Co—

106%

9

15

104

4s Feb 1 1946-.-

Southern United Gas Co—

Southwestern Bell Telephone—
1st & ref M 3 %s ser B *64. J&d

64%

73

5s

96%
80
96

Conv deb 6s ser A 1932
J&d
Southwestern Assoc Telep Co—
1st M 5s 1961
A&O

107

A&O

102%

4s Feb 1 1944

106

M&N

4s Feb 1 1941

4s Feb 1 1945

102

Income 3sApr 1 1959

4s Feb 1 1942

128"

56

102

Seattle Gas 1st 5s 1954
Seattle

1st

A&O

A&O
6s 1942—A&O

Oonv deb6s 1938

Scranton Gas & Water Co—
1st 4%s 1958

107

88%

M&N/

106%

102

S'west Nat Gas Inc 6s 1966--A&O

Corp—

1st mtge 3%s ser A 1961
J&d
Santa Barb Tel 3%s ser O'60 j&J

105%

101%
106%
78%
126

Gas—

1st & ref 5%s series 11945
1st & ref inc 5 %s ser IP45
s f

105%

Corp—

Southwest Gas Co (Okla)—
1st s f 6s 1954
M&N

San Jose Water Works—

Elhs Plalnf & Cent Jersey

Union

Southwestern

B—fe&S

49%

106%

120

100
Apr 15 1940
4s Apr 151941——
103
4s Apr 15 1942
104
4s Apr 15 1943
104%
4s Apr 15 1944
102%
4s Apr 15 1945
101%
4s Apr 15 1946
101
4s Apr 15 1947
101
4s Apr 151948
101
San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965—M&N
111%
San Diego Co Wat 6s A '62-M&S 1105
San Francisco Bay Toll Bridge—
1st M sink fund 6%s '57-M&N /
17%

104%

Ry—
5s Dec 1. 1950---J&J

108%
97%
83%

47

105%

105

111

Public Service Corp of N J—
Trust certs 6% perpet—M&N
5s

35"

South N E Telep 1st 5s 1948.J&d
Southern Trac—See Phila Co

4s

Debs f 7s 1942

107

1st M 5%s May 1. I960—M&S
Southside Va Pow 5s 1956--F&A

F&A

Sandwich Windsor & Amherstb'g

1st

94%
81%

A&O

52

106""

108

115

A&O

r

Southern Colorado Power Co—

10-year coll

M&S

M&S

San Joaquin Lt & Power
Unif & ref 6s 1952 ser

108%
108%

105%

A&O

67

F&A

1st mtge 4s 1963
Serial notes—

101
101

104

110%

104%

Adj mtge inc Jan 1 6s '60-A&O
1st M pipelines f4%s'51 A&O
Southern Neb Pow 5%s B'47 J&J

San Antonio Public Service—

104.78
104.85
104.74
104.34
103.87
103.17
102.27
101.16

110%

A&O

Southern Natural Gas

102

San Angelo Telep 1st 5s 1958 F&A
San Antonio Gas & Electric—

103
104

17

104

5sl949

104

65%
50%

A&O

6s 1940-1943

106%

107%

1st M & ref 4s Aug 1 *65. F&A
Southern California Water—

59

Salt River Val Water Users Assn

104

102

1946
1 1947

Sub

/

10856
108%

60%

106

1948—-M&N

Guar 5s 1952-

103%
105%

59
56

Salmon River Power-

101

1940.
1941.
1941.
1942

1st mtge 3 Ha ser D

Camden

/
/

1960..j&J

1st g 6s 1947 series A
J&j
Southern Counties Gas (Calif)—
1st M 4%s 1968
M&N

101

/

1 i960-j&j

Southern

St Paul Gas Light—
Gen gold 5s 1944

16
47

109%
109%

Ref mtge 3%s May

Ref mtge 3 %s ser b

Southern California Gas Co—
1st & ref 4%s 1961
M&S

1st lien & coll 5s 1958

108%

St Louis Public Service—

Public Service Co of N H—
1st mtge

1951-.—M&S

1930—..A&O /

1st mtge 5s 1959
Conv n-c inc 4s May

103%

Southern Cities Utilities Co—

108

4%s Jan 1 1943
St Joseph Water 4s A 1966—A&O
St Louis Co Gas 1st 5s 1951-A&O

Pub Serv Co of Indiana—

1st mtge 4s ser A 1969
Serial debentures—

111%
107%

4s

Provincial Light Heat & Power
5s 1946—--------M&S r 110
Prussian Elec 6s

3%s ser I 1967-M&S
Gen mtge 3%s ser J 1969-M&S
Rochester
&
Lake Ontario

1st mtge s f 4%s 1979
J&D
Saguenay Power 4 %s A 1966 A&O
1st 4%s series B 1966
A&O
St Clair County (111) Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—
1st mtge 4%s 1947
J&d
Serial debentures—

108%
110%

108

10351

4%s 1962

Safe Harbor Water Pow Corp—

87

109 %

'49.-J&D

Providence Gas 4s ser B 1963

121%

Gen M 4%s May
1st s f 48 Oct 1945

73%
107%

10751

J&j

1979

Southern California Edison—

1st M 4 %s 1960
Southern Canada Power—

Gen mtge4%s 1977ser D-M&S
Gen 3%s series H 1967—M&S

3%s Jan 1 1941

Power Corp of Canada Ltd—_
Conv deb 4 %s 1959 Ser B_M&S
Power Secur coll tr 6s

65

88

Rumford Falls Power—

„

107%
110%

86%

Deb g 5s 1953
M&S
Rochester Gas & Elec Corp—

1933 ctfs of dep.—j&d
Rochester Transit Corp—
S f4%sinc A notes 1958.M&S
S f 4%s inc B notes 1958-M&8
Rome (Ga) Ry & L 5s '46
A&O
Ruhr Gas Corp 6%s '53 A--A&O

1945—M&N

1st mtge 5s 1956 ser E—M&N
1st M 4%s 1961 series F—A&O
Potomac Electric Power—
1st mtge 3%s 1966
J&J

106%
87

85

105

'd 5s g

Porto RIcan Power 6s 1950-M&N r
Porto Rlcan Rys Ltd 5s 1962M&N r

Potomac

105%

Valley Gas Co—

Water extend 5s
Roch Ry cons 5s g

19%

^

98%
100%
98
Porto Rico Telep 6s 1944—J&d
105
Postal Tel eg & Cable 5s '53-J&J /
24%
con

3d"

15
59

111%

& Teleg—
3%« debentures 1962
.A&O
3s debentures

Gen mtge

107%

'61-M&M

96
4%s '58—M&N
13
Pomeranla Elec 6s 1953
M&N
18%
Portland Elec Pow 6s 1950-M&S /
Portland (Ore) Gas & Coke—
90%
1st & ref g 5s '40 opt '20—J&J
86
Certificates of deposit-—-- - /
1st l'n & gen 4%s 1940—J&J
90
Portland Gas Co 1st 5s 1951 -F&A
103
Portland(Me) Gas L 5s A'50 A&O
101%
Portland General Elec Co—
1st & ref 4%s 196u
M&S
73
1st M 5s exten to 1950
J&J
107
Portland (Me) RR 3 %s 1951 - J&J
85

10
54
111%

Southern Bell Telep

105

Ry & El 5s 1953.-F&A

Roanoke

j&D /
j&D

1st lien 6s 1944
1st lien 6s x-w 1941

S'eastern P & L deb 6s 2025.M&S

Rochester Central Power Corp—

100

Platte Val Tel 1st

1st 1 &

45%

Ask

Cor

Southeastern Gas & Water Co—

15%
14%
14%
14%

_

103

M&S

-list 1 & ref 5s 1958

/

5s 1950
-A&O
Roanoke (Va) Gas Light—
1st 5%s 1951
F&A

Piedmont

Plainfield G & E gen 5s
Plainfield-Un Wat 5s A

f

/
/

I

Bid

Bonds

Ask

South Jer G E & T—See Pub Serv ice

1st mtge

100

Hydro-El Co (Italy)—
45
1st & ref b f 6 %s 1960 ser A A&O
101%
Pinellas Wat Co 5%s 1959-M&S
6
Pitts Canonsburg & Wash 5s 1937 /
Pittsburgh Rys—See Phila Co
Pittsburgh Suburban Water Serv

Bid

Bonds

Ask

Co—

'

Income and defaulted bonds
possible for the closing day of the month preceding the date of issue

"and Interest" except where marked "f" and

are

Quotations for all securities are as near as

Phila Transportation
Cons 3-6s 2039
1st & ret 4s 1960

77

public utility bonds

march, 1940]

A&O

M&S
M&S

J&j
M&n

Texas Pub Serv 1st 5s (w-s) 1961Texas Traction Co 5s 1937-.J&J

4%
4%
105%

5

5

105%

20

22

86%

88

101
97
117

118%

107%

108

98%

98
1

H
♦

terest.

Called March 21 at 104.

ft Last sale,

n

t Called March 1 at 105.

Nominal,




\

t Redeemed Feb. 10 at 101.

r Payable in Canadian funds,

a

Average price.

6 Basis.

/This price includes accrued in¬

'

PUBLIC

78

UTILITY

BONDS

NOTICE—All bond prices are "and interest" except where marked "f" and tncom* and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue
Bid

Bonds

Third
Union

37.

Ave RR 1st 5s g

Ry 1st 5s g 1942

.

Ask

55%
1834
97 24

56

75

82

18%

9924

65

58""

53 %
101%
Toho Electric Power (Japan)—

62%
10734

63

West

77%
12434

80%
126

Twin City Rapid Transit Colst lien &ref 5%s A 1952_-J-~—
1st lien & ref 5 34s B J 952. -J&J
Twin States Gas & Electric—
1st 1 & ref 5%s 1945 Ser A M&!

Tyrol Hydro-Electric Pow Co—
1st M s f 7%s 1955-—M&N f
Guar s f 7s 1952---F&A /
UJlgawa Elec Power (Japan)—
1st M s f 7s 1945
Mac 81
Union Electric Co of Missouri—
1st mtge & coll tr 3 24 s 1962 J&
3% notes, 1942----------J&
Union Elev RR—See N W Elev
Union Gas & El 1st ext 5s '40M&S
Union Gas Co. of Canada—
1st serial 4s 1939^42
J&p
1st serial 4%s 1943-45
J&D
r
1st 4%s 1950
J&D
Union Gas System—
1st M & colls f 5s 1948—J&D
Union Passenger Railway—
A&O
1st 4s Mar 31 1961
2d ext 4s Mar 31 1960
A&O
Union Ry—See Third Ave Ry
Union Traction—See Phlla R T
Union Water Service Co—
First lien 5%s *51 ser A.M&N
Unit Elec Co or N J 4s '49—J&D
United Elec Rys (Providence)—
Gen ref M 5s Jan 1951 ear A—
Gen ref M 4s Jan 1951 ser B_.
United Electric Service (Italy)—
Extl 1st s f 7s 1956 ser A--J&D
United Gas & Fuel (Hamilton)—,
1st s f 5%s 1948
J&J r
United Light & Power Co—
Deb g 6%s1974--------M&N
1st 1 & consol 5%s 1959--A&O
Deb g 6s 1975
M&N

65%
6134

10724

103""

s

75

118%

101%

90

__l

103

Westmoreland

1st M 5s 1941 opt
Wichita Water 6s 1949

6

38%

39

M&N

56%
56%

g

9924
101

99

J&D /
J&D
100%

534s 1947

F&a

5s stamped 1959
F&A
100%
Utilities Public Service Co—
Conv 6s 1933
J&D /
15

Vermont LtgjCorp 1st 5s'44 A&O /
Vesten Elec Ry 7s 1947
.J&D /

Virginia Electric & Power—
1st & ref M 334s B 1968—M&S
Virginia Public Service Co—
1st & ref 5 %s 1946 ser A
F&A
.J&D

1st & ref 5s 1950 ser B

M 6s 1955
1st lien & ref 6s

-

--

-

10134
100%
10124
99%




68

8034

86%

'

Mt

*

14%
105

82 34
66 34
60

10724

10834

10134

10224

102

15"

com

10924

Birmingham Gas

common

$3.50 prior preferred
$6 preferred

cum

preferred
•

10434

Boston

146

Edison

Co

100

Ry com

Brazilian Tr Lt & Pow ord_.

*

*

Traction.

American Light &

113

100

6% preferred-

25
25
*

$6 preferred.
$5 preferred-

*
*

Amer Public Serv 7% pref—.100
American Service $3 preferred-.*
Amer States

Utility com
534% preferred
Amer Superpower Corp com
First $6 preferred...—

112

98

106%

107

734
734

8

8

/ Flat price,

c

Preferred $6 series

—

1

25
*
*
...

American Telep & Teleg
Amer Utilities Service com

6% preferred

*

100
*
25
*

*

k Last sale,

n

Nominal,

r

114
49

7%
36

20

36 34

_.*

2134

L_*

1

C--25
100
*

150

Brooklyn Edison
Bklyn Manhat Transit
$6 preferred series A
*
Certificates of deposit
*
Bklyn & Queens Transit com
*
$6 preferred
*
Certificates of deposit
*
Bklyn Teleg & Mess'ger (gu)-100
Brooklyn Union Gas
*
Buffalo Niagara & East Power—
$1.60 prior preferred
26
$5 1st pref
*

6

19%
80%
56 34

1%
52

17%
60

21%
2134
102

Oable & Wireless Ltd—

10824

Ordinary shares

106

10624

Amer dep rec 734%
Amer dep rec B ord
Amer dep rets 534 %

100
104

110

109%
44

46

........

A ord—£1
£1
prer
£1
Oalif-Oregon Power Co—
6% preferred series of 1927 100
6% preferred
100
Calif Water Serv 6% pref
100
Calif Water & Telep 6%pref
25
Camden & Rockland Water..100

...100

6% preferred
Canada Nor Pow

*

com

1

Canadian Marconi

91

21

10434

10424

117
94

95

9134

96

108

60

224
134

.2%
1

23

23%

5

6

19

20

%6
34%
113 34
224
24
1534

3434
11224
234
34

1534
28

2934

$6 preferred

*
*

103

Cent Arkan Pub Serv Corp pf 100
Central Elec and Tel com
1

104

6 % preferred
Cent Hud G & El

com..

15%

-—100

115

Cent Illinois Light 4 34% pref.100
Cent 111 Pub Serv $6 pref
*

113

624
924

100
100
100

....

Cent & S W Util

50c

com—

Preferred
Prior

lieu

*

preferred..

*

Central States Pow & L $7

Chic City & Con com part
Pref partic ctfs

734
9%
9834

109
100 34
92 34
109 34

100 3-4

34
55J4
112
1

5

1

5

ctfis—*
*

Chicago Rys partic ctfs ser 1..100

Series 4

Preferred
Preferred B
Preferred BB

Cities Serv Pr & Lt $6 pref

$7 preferred

50
10
100
*

—*

107%
2%
98

4%
5524
4%
5134

108

224
99

434

5624
534
58

*

97

99

•

100

104

115
112

Citizens Utilities com

Ex-dividend.

34

10G
-—100
100

110

x

6634
100

105

11434

Canadian price,

70
100

*

Citizens' Pass Ry—See Phila R T
Citizens Traction—See Phila Co

95

7924

pf--*
pf-*

Central States Edison
Cent Vermont Pub Serv 6%
Central W est Co. vt c

Cincin & Suburb Bell Telep
Cities Service com.—

13

1.05
42 34

*

68

25c

10834

50

Cincinnati Gas & Elec 5% pf 100
Cincinnati Street Ry
50

17234

34

97
11

17

15c

1

95

Series 3

224

1624
14

Central Arizona Lt & Power Co—

Series 2

18

1

99

155

94

17

,

37

-100

46

234
1634
24
6634
1224
17124

84

......100

Carolina Tel & Tel

92

56

84

104 34
26

Casco Bay Lt & Water.......100

324
5534
4534

3%

34
%6
324

105

$7 preferred
100

134

Capital Transit (Wash, D C) 100
Carolina Pow & Light $7 pref
$6 preferred.
*

6% preferred

%

•

Amer Power & Light com

46%

100

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Corp A

108

i

100
•

334

Birmingham Wat Wks 6% pf.100
Blackstone Vai Gas & El pref.100

6% preferred..—
$7 preferred
Central N Y Power Corp—
5% preferred
-100
Cent Ohio Lt & Pow 6% pf
*
Central Pow & Light 7% pref 100
6% preferred
100

24%

8534

58

99

4

82
80

4634

95

10

56

10

Central Maine Pow $6 pref

rr

4%
166

2
50

Cent Indiana Gas 634% pref.100
Cent Indiana Power 7% pref 100

-r

4

12334

Telep of Pa 634% pref ..100
Boverly Gas & Elec
25
100
Birmingham Elec $7 pref
._*
$6 preferred..*

89

t

110

Bell

9834

''

130

101

9734

W—■

50c

Beaver Valley Water 6% pref.100
Bell Telephone (Canada)
100

88

74%

135

*

-

107

Allegheny Traction—See Phila Co
Allentown Beth Gas pref
50
Corp—__5
Amer & Foreign Pow com
*
$7 preferred*
$7 second 2nd pref series A—*
$6 cum pref
—♦

134
11934
1.75

*

Amer Cable & Radio

18
106

21%

com

Brockton Gas Light Co v

108%

17

-25
-100
100
Hudson River Bdge..*

t c

Class B

102

6

2634

—100

v

$6 preferred
*
$5 preferred
*
Alabama Water Service 6% pref.*

Alabama Power $7 pref—

74
71

109

Preferred

434% preferred

73

130

Bait Transit Govt c

Bangor Hydro Elec
7% preferred
6% preferred

Boston Elevated

PUBLIC UTILITY STKS.

Appalachian El Pow 7% pref
6% preferred
---*

b Basis.

70

7634

$6 1st preferred

No par value,

6634
7034

7234

Amer Wat Wks & Elec com.

*

6534

4

102
87

»•

--

Cum income 6s (w s) 1952-J&D
Wuerttemberg (Germany)—See
Consol Hydro-Elec of
Wyoming Vail P 8 6s 1971—A&O
Yadkin River Pow 1st 5s '41 A&O
Yonkers Ry—See Third Ave Ry

73
45

deposit.

102

71

Amer Gas & Power com

1960-F&A
Washington Gas Lt 5s '60..M&N
Washington Ry & Elec Co—
Consolidated 4s 1951
J&D
Anacost & Pot 5s 1949
A&O
1st guar 5s 1949
A&O
City & Sub 5s g 1948
F&A
Washington Water Pewer Co—
1st mtge 3 34s 1964
J&D
Waterloo Ced Falls & No Ry—
Certificates of

101

67

5s '37 opt.J&D
5s stamped 1947
J&D

*

.100

Biddeford & Saco Water

102 34
102

103

69

/
/

10234

10034

York Rys 1st M ?

X

*

Glass A

Beauharnois Power

101

York (Pa) Gas 1st 5s 1941 _M&N
York Haven Wat&P 1st 5s'5lJ&D

*

*

Atlanta Gas Light 6% pref.
Atlantic City Elec $6 pref

Bear
103

4s June 1 1946
Wisconsin Public Service Corp—
1st mtge 4s 1961
J&D
Wolverine Pow adj 4 34s Mar 1 '59
Worcester Transit Association—
Cum income 6s 1952
J&D

W (irr^nts

w w

10834

103

Amer Gas & Elec new com

M&N

1st

10424
10934

102

101%
104%

99%

—

104

4s June 1 1944

—

2*

Investing Companies
Public Utility
.*
Telep Co Ltd $1.25 pf
•
Assoc Telep & Teleg $6 pref
*
$7 1st preferred
lOf

106

105

102

10324

O

234

104

104

101

1952....M&S

ser

12

124

4s June 1 1943

10124

Debs f 6s 1946
..F&A
Washington Gas & Electric Co—
1st ■ f 534s 1947
F&A
1st M 534s 1953
J&J

1st & ref 6s

10

10234
—

——

10
13%
109

—

34

*

Assoc

10834

Serial debentures—

4s June 1 1945

—_

1947

12724

,

4s June 1 1940

*

34
%

see

106 34

12624
107%

103

4s June 1 1942

5s
1956
F&A
101
Utica & Mohawk Valley Ry—
1st 4Mb 1941
M&S /
2%
Utilities Power & Light Corp—•

534s stamped
Deb 5e 1959

♦

...

10534

104%

4s June 11941.

Utica Belt Line Street Ry—
1st 5s 1939
M&N /
3
124
Utica El L & P 1st 5s 1950---J&J
Utica G & El ref & ext 5s *57 J&J
130
Co Bldg (Kanata Realty)—

Deb

1

Original preferred
$4 preferred
$5 preferred
$6 preferred
$634 preferred
$7 preferredOption warrants

_

101

1st lien gen M 5s 1944—F&A
1st lien & gen M4^s 1944-F&A

Common class A

Assoc General Utilities—

M&S
F&A
M&N

334s 1966
A&O
Wisconsin Hydro-Electric Co—
1st M 5s 1947
A&O
Wisconsin Michigan Power Co—
1st mtge 334s 1961
_J&J
Wisconsin Power & Light—
1st mtge 4s ser A 1966
J&D

10
40

118

10434

98

1

com

Associated

M&N

Wisconsin Gas & Electric—

„

Utah Lt & Tr 1st 5s 1944 A„A&O

Wat 5s '52--J&D

1st mtge

—.

90

•

6% preferred

92""

8734
10534
1st M 5s 1960 ser O
10824' Williamsport Water Co—
104
84%
1st M 5s Aug 1952 ser A—F&A
118
Winnipeg Electric Co—
80
8334
Gen 4-5s series A 1965
J&J r
92
66
Gen inc 4-5s ser B 1965—J&J r
10834
Wise Elec Power 334s 1968-A&0
99
57
Wise Fuel & Lt 1st 5s 1948. _M&N
101

-*
.*

50

110%

77

7934
10334

1st M 58 1956 ser B

85

Arkansas Pow & Lt $7 pref

11634

103%

10534

(Germ)
J&J f
Wheeling (W Va) Electric Co—

46

10

634
4724
2%
2%
734

69

M&N

f 6s 1952

Westphalia United El Pr
1st M s f 6s 1953

4424

*

108

89

52

common

6% preferred
Arkansas Nat Gas
Class A...

6% preferred
84

11724
110%
11524

Mut Un 6s ext at 5%to'4lM&N
Western Utilities Corp—
s

x

Common
104

9934
.M&N
101
1st 5s series B 1950-J&J
8934
Deb s f 6s extd 1950
M&N
f
Western Pr Lt & Tel 6s 1948

15-year

55

f

M&N

5_%s 1950

Fdg & R E M 434sg *50—M&N
25-year g 5s 1951
J&D
30-year 5s Mar 1 1960
M&S

Co Ltd—

Utah Power & Light Co—
Deb 6s May 1 2022

9934
98

103

1st M 5s 1951

Western Public Service Co—
1st & ref 534s 1960
F&A
Western Union Telegraph—

S3

5%s ser A 1952—M&N
55
Coll s f 5%s ser B 1952—M&N
92
United Telep Del 6s A 1948 A&O
101
United Tel & Tel 5%s A *53.M&N
101%
1st lien 6s ser B 1953
M&N
United Traction (Albany)—
Con g 4%s 2004...
5
-J&D /
Unit Trac (Pgh)—See Phlla Co
Unterelbe Power & Light Co—
Sink fdM 6s 1953
A&O / 13
Upper Mich Pow & Light—
1st mtge 4s ser A 1959—F&A
10034
Coll

A&O

4s 1948-1953-

1st M

81%

J&J

97

65

-

City & Sub Pub Serv 5s *34.J&J /
United Securities

Gen mtge 334s gtd 1967.
Westchester Service Corp—

Western Mass Cos—
3 34 % coup notes 1946
J&D
Western N Y Utilities 5s '46. J&D
Western N Y Water Co—

87

83

F&A /

Eq 7%s Feb 15 1936

A&O

Western Cont Util 6s 1944.-M&S
Western Lt & Telep 5s 1954-A&0

93

98%

1961

5

com

Arizona Power $6 preferred
Arkansas Missouri Power—

Utilities Co—

109

85

10834

United Rys of St Louis—
Gen g 4s July 1 1934—..J&J /

94%

102 24

*

-

Texas

I 1966

ser

Westchester Elec—See 3d Ave Ry
Westchester Lt 1st g 5s '50--J&D

90

10334
11834

1st
2d

West

1st mtge 48

14
13%

102

West

334s

1st mtge 324s ser A 1969-M&N
West Virginia Ohio River
Bridge 3 34-6 %s, 1960
J&J
West Virginia Water Service—

66

105

117%
United Lt&Rys(Me)6s A'52 A&O
82%
Deb 6s 1973
J&J
9124
Un Lt Rys (Del) deb 5%s.52 F&A
United Public Utilities Corp—
98
Conv coll tr 6s A 1960
J&J
100
Conv colltr 5%s B 1960—J&J
39
United Rys Cos 4% ctfs *49-J&J /
United Railways of Havana—
-

"4~"

2

M&S
J&J
Penn Tr 1st 5s 1960--J&D
Philadelphia Pass Ry—
ext 334s 1956
A&O
extended 534s 1956
M&N

1st M

Edison

Associated Gas & Elec

1st M 5s 1963 series E

108

104

-

J& J
J&J

Telep 1st 4s '64-M&S
West End St Ry—See Boston El

115

Bid

Stocks
Arizona

West End Trac—See Phlla Co
80
West Ohio Gas 6s A 1954
J&D /
10724
West Penn Elec deb 5s 2030. A&O

10434

f

-

1st 6s ser A 1950Conv deb 634s 1945
West Coast

Ask

West Penn Power—

-------J&

8 f deb 4s 1948

102

77

1st s f 7s 1955 ser A._.M&S1
Tokyo Elec Light Co (Japan)—
1st g 6s 1953 series—J&PJ
Toledo Edison 3%s 1968----J&

Bid

Bonds
Waukesha Gas & Electric Co—
1st
5s
1959
J&J
West Canadian Hydro-Electric—

1

1%

1%

march, 1940]

public

Quotation* for all securities

Stocks

Par

Bid

Stocks

Cleve Elee ilium

100

Coast Co Gas & El 1st pref. .100
Colum G & El

45%

111 %
20

113
20 p8

105%

107

Corp (Del) com..*

6

87

6%
88%
68%
76%

68
74

114%
114%
31%
%
IPs

.

Optional warrants
$6 preferred
*
Commonwealth Tel (Pa) 7%
pf20
Commonwealth Water A Lighi
6% preferred
*
7% preferred
Community Pow A Lt com
*
First preferred 6%
100
Community Pub Ser com
25
Community Water Serv com
1
7% preferred
*
Concord Elec Co 6% pref
100

115%

lVkx
32
,%
1%
3

...

Common
Conn Gas A Coke Sec pref
Common

n

104

n

107
14

15
45

116
45

*

44%

64*

100

53

55

8

81

118%
108 %

176%

*

105

106

*

102%

103

91 h

8

111

114

105

108

115
26

111
11

58 %
10

*

100

m

.100

Duquesne Light—See Phila Co—
Duquesne Nat Gas common

1&*
n

Eastern Gas A Fuel Assoc's com

6% preferred
4% % prior preferred
Ry com
6% 1st pref stamped
6% pref B stock
5% adjustment stock

100

100
100
100

"

*

*

100
100

Elec Power A Light Corp
$7 preferred

$6 preferred
2d pref series A
Optional warrants
El Paso Electric Co (Del) —
Preferred series A 7%
El Paso Nat Gas com......

1.00

60

62

12

15

2%

3%
6%
65%
56%
1%

4%
6%
66%

55

58

58

2%

70
6

*

24

»

14%
2%

6%
28%
25%
16%
2%

97

38%
55

Elisabethtown Water Cons

100

113

117

Elizabeth Consol Gas

100

210

220

Empire A Bay State Tel (gu) 100
Empire District Elec 6% pf-.lOO
Empire Gas A Fuel Copf 8%. 100
Preferred 7%
100
6%% preferred
100
6% preferred
100
Empire Power Corp—
See Investing Companies.
Empire Telephone com
*
6% Preferred
26
Engineers Pub Serv com
..1
$5 cumulative preferred
*
$5% pref (with warrants)..
»

45

$6 preferred

67 PS

70

66%

68

66

67%

23

72

76
83

Federal Power A Light

*

64%
22 Pi

*

Without par value.
x

Phila

25

AS*
99
„

Co.

~7~~
R T

15%

%

37

*

38

*

39




^

38%
39%
40%

t Called March 15

Ex-dividend.

Germantown

Pass—See

100%

103

65*

57

18

44

20

35

20

30

18

24

15%

16%

*

Gloucester Elec Lt Co
Gold & Stock Telep (guar)
Green &

Coates—See

Green Mt

Pow

Greenwich
Greenwich

Phila

53%
%

44"
10
41

101%
91

17

18%

35

Harrisburg

20

Bridge

5I*

71

35

37

25

47
10c

33%
33%
46%
11%

25

25

Hestonville M & F—See PhilaRT
Holyoke Water Power
1
Houston Lt & Power $6 pref
*
Houston Natural Gas

*

com

preferred
100
Huntington Water 7% pref... 100
Idaho Power 7% pref
lOO
6% 1st preferred
*

50
*

13

1%

3%
24%
4%
41

63

64%

at

107%
111

10%

"4%
4%
4

Units.

36

100

93
40

%
28

35^

3%
3%

3%
3%

25%
3%
2%
16%

27

100

31

33

7% preferred..
100
Iowa El Lt & Pow 6% pref. .100
7% preferred
100
Iowa Power & Lt 7%
pref
100
Iowa Pub Serv $6 pref
*

31

33

78

80

Iowa Southern Utilities—
Common
arrear certificates

arrear certificates
Italian Superpower—
See Investing Companies.

$5

*

_

-

-

17%

See Investing
Companies.
Memphis Natural Gas
Metropolitan Edison Co—
cum

preferred

86

88
108

103

103%
105%
5%

*

Mexican Northern Ry com

100

Preferred
Mexican Utilities

100

13

15

100

17

18

*

r
r

*

100

95c

%
25%
3%

4%

13%
133%
32%
107

104%

96%
90%

14%
—

—

-

—

33%
105%
98%

100

m

—

.

J Calleu April 1 at 50 plus 75c. dividend,

4

106%

100
*

48

53

T%

*
*

Monon-West Penn P S 7% pref 15
Montana Dakota Utilities com. 10
5% preferred
100
6% preferred
100
*
*

Telegraph

Mountain States Power

8
98

90%
87%
95%
86%

91%

117
1/

90
98

88

117%

72

103

4%

104

4%

98

28%
7
83
93

106

23%

if*

*

100
w i

50

.._*

1st pref 100
6% preferred
....100
Nevada-Calif Electric com
.100
Preferred
100
New Bedford Gas A Edison
Lt.25
New Cable A Radio
Corp—
Amer

6

8

97

50

*

/

6

1

40

Mountain States Tel A Tel. .100
Nassau A Suffolk 7%
pref—.100
National City Lines com..
1
$3 conv preferred
50
National Gas A Elec com.... 10
National Power A Light com...*

See

✓

-.100
10

Old common

7% preferred
New 5% pref

1

40

com

9

5%
5%
%

*

Monongahela L A P—See PhilaOo
Monongahela St Ry—See PhilaOo
Monongahela Val Water 7% pfd.

Cable

A

80%
47%
139%
33

14%
44%
4%

•I*
115%

z\H
60

Radio.

New Eng Gas A Elec Assn—

*
*

com

6% preferred
100
$2 preferred
*
New England Pow Os
$6 pref.100
New England Pub Ser com
*
$7 prior preferred
*

$7 preferred
$0 preferred

..........

New England Tel A Tel
New Haven Water

New

120

10c

Convertible pref A
*
Midland Util 7% prior lien
100
6% prior Hen
..100
7% preferred class A
.100
6% preferred class A
100
Minnesota Pow A Lt 7% pref 100
$6 cum preferred
100

New

91

x

95

8%

$0 prior pref

108

x

Middle West Corp com
5
Midland United com..__.___.*

New Mexico Gas com......

k Last sale

Nominal.
,

•

70

25%
139
67
13

*

63

100
50

131

5
50

n

34%
12%

*
*

Jersey Pow A Lt $6 pref
*
Jersey Water pref..
..100

6% preferred

106%.

96%

preferred...100

New Eng Pow Assn

4

3%

100

84

5

...

$5% preferred stamped
*

5%

.

Light Associat'n—
Common with warrants
*
Common without warrants
*
$2 Preferred
*
Warrants
Mass Utilities Associates—

$0 preferred
Nebraska Power 7%

105

104%
5%

15

pref ser A
*
Jersey Cent Pow A Lt 7% pf_100
6% preferred
100
5%% preferred.
100
Kansas City Power A
Light—
1st pref $6 series B
*
cum

4

103

*

16

15%

Mass Power A

Montreal Tramways com
Mountain Fuel Supply..

Investing Companies.

6%% preferred
$7 preferred

30

.

Montreal

3%

*

32%

Marlon (Ohio) Water 7%
pref.lOO
Marion Reserve Pow $5
pref
*
Market St Ry(San
Francisco)
6% prior preferred...
100

Montana Power 6% pref
Montreal L H A Pow Cons

11

73%

*

25

Mississippi Valley Utii

8

4%
3%
3%

92

Investors Telephone com
Iowa Electric 6%s pref

93
24

25

13%

101%

*

,

91
2

100

14

6

*

106

100

Mississippi Power $6 pref
*
$7 preferred
*
Miss Power A Light 6%
pref
*
Mississippi Rlv Pow 6% pref.lOO

30

100

;

.

Certificates of deposits

Missouri Pow A Lt $6 pref
Missouri Pub Service com

106%
110%

*

7

56%
102

Modified 5% guar.
100
Certificates of deposits
Marcon Int Marine
Cornmun'y—
Amer dep rets for ord shs.
f]

Michigan Consol Gas
Michigan Gas A Electric—
7% prior preferred—
Middlesex Water

38

100

100
*

25c

108

10%

Conv pref $3.50 series.
50
Internat Ocean Tel eg i guar). .100
International Power Co
*

100
100

103%

112%
86%

100

114%

* x109

110
85

...

112

100

* x

Service—

International Ry v t c
Internat Teleg of Me (gu)

Preferred

100

*

6% preferred
100
Indiana Hydro Elec 7% pref.lOO
Indiana Service Co 6% pref.. 100

Indianapolis Power A Light—
6% preferred
.100
6%% preferred
.100
Indianapolis Ry Co v t c
100
Indianapolis Water 5% pref
100
Interboro Rapid Transit
100
Certificates of deposit
Internat Hydro-El Syst A
..25

103

100
.....

7% prior preferred

112%

1st preferred
Internat Power Securities

5% preferred
6% preferred.
7% preferred

30c

18

110

General

104%
18%

120

100

Indiana

5
Louisiana Power A
Light $6 pf-*
Louisv Gas A Elec com cl A
*

17

108%

*

42

38%

116

115

Arrears certificates
Illinois Power & Light—

1

*
100
..100

$6 preferred series C
$6 prior preferred

103

50

9%

$5

111%
2%
23%
4%

._

5

76

12

1%
5%

non-cum

$6 preferred

48%

52

50

Illuminating Shares class A
Indiana Assoc Telep $6 pref

20c"

12%

.100

5% conv preferred

"4"

69

25

*

6% preferred
Haverhill Elec Co
Haverhill Gas Light

56

3

1
-.100

Havana Elec A Util $5 pref

"4%

111

Harrisburg Gas 7% preferred.100
Harrisburg Rys common
50
Hartford Electric Light
25
com

114"

6%

*
1

6% preferred

Long Island Lighting com
7% preferred A
6% preferred B
Long view Bridge class A

97

111%
34%
35%

52*
102

..._*

Maiden A Melrose Gas Lt._
Manhattan Railway 7% guar

25

68%
7%

95

86"

7% pref class A
Hamilton Bridge common
Hamilton Gas common

3

75
91

100

85

33

45

25

23*

25

101%
45%

100

Mackay Companies 4 % pref.
Maiden Electric Co

112%
110%

110

Lexington Telep 6% pref
100
Lexington Wat Serv 7% pref.lOO
Light A Pow Securities Co
*
Preferred
100

83

*

107%

'

89%
25%

*

Preferred
Havana Elec Ry com..

6% preferred
100
7% preferred
100
Kentucky Utilities 6% pref.. 100
7% Junior preferred
50
Keystone Pub Serv $2.80 pref..*
Keystone Telephone $4 pref
50
Key West Elec 7% pref
100
Kings Co Ltg 7% pref
100
5% preferred
100
Laclede Gas Light
100
5% preferred
100

80%

pf-100
_.*
*
*

94%
101

Lowell Electric Light
1.25
Luzerne Co Gas A El $6
pref.lOO
$7 preferred.
loo
Lynn Gas A Elec Co..........25

T

*

109

*

100
R

121

*

Louisville Railway Co

90

1%
99

114

*

95

pref
Gas $1.25 pref

Wat & Gas 6%

6% preferred..
Kansas Power Co 6% pref
7% preferred
Kansas Power A Light—

.25

Corp $6

$5.50 preferred
Hackensack Water

5%

23%

9

101%

*

Kansas Elec Pow 6% pref—— 100
7% preferred
100
Kansas Gas A Elec 7% pref.. 100

Lone Star Gas Corp.

72

40

*
_*

*

Lawrence Gas A Elec Co
Lewiston Gas Lt 5% pref

22
x

PhilaRT

Jamaica Pub Service Ltd..
Preferred
Jamaica Water Supply

102

o

$6 preferred
$6% preferred
$7 preferred

t New stock,

6%

15
*
50

com.

1
*

6%
7%

89

25

Fed St & Pleasant Val—See Phila
Federal Water Service com A..*

Wat Gas & Elec com A

Common

8%

60

Federal Light & Tr com
Preferred ($6)

13%

J2*
22

Company.............50
European Elec class A
10
Fairm't Pk & Hadd Pass Ry—See

77%

$3 preferred
Georgia Power $6 preferred
$5 preferred
Georgia Power & Lt 6% pref

$6 preferred

§5"

69

Essex

73

-50

preferred

conv

Interstate Natural Gas
Interstate Power pref $7_.

80

84

Fall River Elec Light
Fall River Gas Works

Gen

See

62

*

11%

23%
50%
53%
Warrants
%
Gen Telep Allied Corp $6 pref.
t 107%
Gen Telep Tri Corp
20
42%
$2.50

International Telep A Teleg
Foreign share ctfs
International Utilities—

39

111

Preferred

*

4%
12%

*
20

Telephone Corp

22

30%

50
50

com

4Vs

*

common

Gen Telephone Corp com
»3 conv preferred-.

7% preferred
Indiana

100

Eliz & Trenton RR

152

108

—

7% preferred

20

28%

3

145

2%

Indiana A Michigan Electric—

30

*
*

100

Preferred

18%
48%

86

—..*

6% preferred
8% preferred

7%

3

*

..5

2

*

6% preferred
100
5% % preferred
Gen Gas & Elec (Del) com A..*
6% prior preferred.
*
$6 cum conv pref ser A
-.*
$6 conv pref ser B
*
$7 preferred
*
$8 preferred
*
Gen Italian Edison Elec Corp—
Amer shs for ordinary stock..

11%

92

*

Electric Bond & Share..
$6 preferred
$5 preferred
Electric Ferries common

Gatlneau Power com

Illinois Iowa Power common

2

*

com

Conv stock

7*

20 %
8

Easten Telep & Tel eg
Eastern Utii Assoc

74%

60c

*
East Shore Pub Serv 6% % pf 100
6% preferred
100

31

26

—100
common

Preferred

2

100

27

Bid

Par

Preferred

53%
100

100

Preferred

Gary Elec A Gas

Stocks

R T

Phila

Hudson & Manhattan

121

140

47%

100

.....

12%
62*

135

%
18 %

Eastern Mich Transportation
Eastern Minn Power 6% pref

Gas

111%

zA>

$4 preferred
$5 preferred

Eastern Mass St

28

50c

*

East CoastPublic Service vtc. 1
East Middlesex Street Ry
.100

1%

117%

*

99%

Franklin Telegraph (guar) —100
Gandy Bridge common
*
Gardner Elec Light common. 100

Hartford Gas

%

100

Duke Power.

2%

53 %

6% preferred
100
5%% preferred
100
Dallas Power A Light 7 % pref 100
6% preferred*
Dan bury & Bethel G A E pf
25
Dayton Pow & Lt 4%% pref.100

Detroit A Canada Tunnel

92

1%

& Light

Detroit Edison

"l%

175

r

Cumberland Co (Maine) Power

Derby Gas & Flee $7 pref

109

36

34

1

Denver Tramway com
Preferred

...

S'thwark—see

&

Gulf Power $6 preferred
Gulf States Util $6 pref

100
100
vtc

52

*
.100

Common

1%

100
Continen Pass Ry—See Phila R T
Crescent Public Service com
1

6% preferred

8%
9%
81%
119%
31%

34

7% prior preferred

Cuban Telep common

66*
119

8%

25

$4.60 preferred
Continental Gas & Electric—

States

46%
46%

116

31

Consumers Gas (Reading)..
Consumers Gas (Toronto)
Consumers Power $5 pref

Eastern

26

*

$5 preferred..1
Consol Gas Co (Pgh) pref.....50
Consolidated Gas Utilities com.l
Cons Trac of N J—See P S Corp
Cons Trac (Pittsb)—See Phlla Co

Florida Telephone
8% preferred

pref..100

5% preferred
%

%
23

..*

104

General Pub Util

37

36

100

102

Frankf'd

79
issue

Kansas City Pub Serv..

General Public Service Corp—
See Investing Companies.

44

100
'.*

Consol Elec A Gas $6 pref
Cons Gas E L A P (Bait)
4%% pref series B
Cons Edison Co ot N Y com

com

67

5

*

4%% preferred

Cumberland Gas

$

66

Connecticut Light & Power—
5%% preferred
100
Connecticut Power
25
Connecticut RyA Lighting
100

'49

Florida Power & Lt $7 pref

6% preferred series A
100
6% preferred
100
6% conv preferred
100
Columbus & Southern Ohio Elec—
6% preferred A
100
6 % % preferred B
.-100
Commonwealth Edison Co....25
Commonwealth Gas
Commonwealth & Sou Corp com *

Ask

48

Florida Power Corp 7%
Preferred $50 par

44

*

Bid

101

100

*

common

$4.50 preferred
Cleveland Railway

Par

103

104%

stocks

Fitchburg Gas & Elec Light. .50

Ask

Citizens Water Co of Wash (Pa)—

7% preferred
.....100
City Water Co (Chat)pref
100
City Water (New Castle) pref .100
Clear Springs Water pref
*

utility

possible for the closing day of the month preceding the date of

are a* near as

r

12%

77%
108%
103%
4%
45

Canadian price*

80

PUBLIC
Quotations for all securities
Par

Bid

Ask

New Orleans Pub. Serv com—--*

18

20

Stocks

1293*
283*

7% preferred
—-*
Newport Electric Corp com—-20
6% preferred
---100
N Y Mutual Telegraph

7%

25"

Continen

323*

N Y City Omnibus common

14

33"
18

^

$6pref---*

106

100%

preferred-------100
N Y & Queens El Light & Pew¬
it, Common
---*

116

117

preferred
100
Railways pref------—---*

115
3

6% PreflOO
N Y State El & Gas 5 3* %,Pfd-}22
N Y Water Serv 6% pref
100
Niagara Hudson Power--—--10
1st pref $5 series
—100
2d pref 5% series
-—100
Class A option warrants
Olas* B option warrants———
North American Co
10
6% preferred series
50
53*% preferred
50
North American Light & Power- -1
$6 preferred

51

N YPow & Lt Corp

7%

120

5%
N Y

N Y & Richmond Gas

—

—

m

33*
54

1043*

23

25

53*
873*

*5%
883*
803*

783*

3*6
3*
213*
573*
57

50

64
24

®32

Sl3*
58

573*

80%

%

81

%

Phila & Darby Pass Ry
Phil & Gray's Fy ($25 pd)

50
50

Philadelphia Traction
Ridge Ave Pass ($28 pd)

50

Preferred
Phlla Traction—See

$4 preferred
—*
Northern Indiana Public Serv—-

57

58

100
—100

102

103

7% preferred

110

111

63*% preferred-—

---100

983*

—-25

41

Common

pref-—100
Nor States Power (Del) cl A—-25
7% preferred
100
6% preferred----100
(Minn) $5 series cum pref---*
Northwest Electric 7 % pref—100
North West Utll 7% pref
100
7% prior lien
--100

95

4%

Northern N Y XTtil 7 %

113*
763*
67 3*
1103*

43*

99%

12

78%
08%

111%

89

92

173*

193*

63

66

pref-100
100

903*

92

95

90%

Northwestern Telegraph (guar) 50
NY PA NJ Utilities $3 pref*

33 3*
20

W422

N'western Pub Serv 6%

7% preferred

Ogden Corp common
--4
5% preferred
50
Ohio Cities Water preferred
*
Ohio Edison $6 pref
-*
$7 preferred
———*
Ohio Power 6% pref
100
Ohio Public Service 5% pref-100
53* % 1st preferred
—100
8% preferred
100
7% preferred
100
Ohio Service Holding com..—.-1
5% preferred
5
Units
Ohio Water Service A com

3

42

12

20

110%
115
114

99%
102%

108

1143*

40%
40%
162

*

42

115
103

Pacific & Atlantic Tel (gu)—25
Pacific Gas & Electric
25
1st preferred (6%)
1st preferred (53*%)

Pacific Lighting Corp com

6% preferred
Pacific Public Service—

25
—25
*

——*
100
...— *

1163*
104 3*

193*

20

49

493*

113

1133*

50c

23*
133*
1043*
87

15

---100

$5 preferred..

115%
1003*
1033*

106

6% preferred
100
Okla Nat Gas Corp com—
15
$3 preferred
————50
$5.50 conv.prior pref—_—-*
Omaha & Council Bluffs Ry—
& Bridge Co 4% pref
100
Omaha & Council Bluffs St Ry Co
5% preferred
.100
Omnibus Corp common
__6
8% conv preferred A......100
Oregon Wash Water pref
*
Ottawa Light Heat & Power--—

Pacific Pow & Lt 7% pref

110 J*
110%

113%

Oklahoma Gas & Elec 7% preflOO

Preferred

3%

40%

3

133*
105 3*
92

153*
102 3*

~

163*
333*
333*
303*
473*
1073*

1083*
80

53*

*
100
100

1353*

373*

Pecos Valley Pow & Lt com

*
*

Peninsular Telephone Co com

*

333*

34

31

313*

..........—

preferred

1st

Pacific Telep & Teleg—

preferred

6%

Panhandle Eastern Pipe Line
Common

20
151

2

63*
213*
1353*
1523*

393*
3

Edison—

Warrants

3

Warrants B

4

3*

1

Pennsylvania Edison Co—
$2.80

preferred.—.
preferred

39

$5
Pennsylvania Gas common--..-*
Penna Gas & Elec Co 7 % pref. 100
Penna Gas & Elec Corp $7 pref—*
OlftSS A.

-

-

-

-

23

16

25

13*

23*

112

preferred

Postal

preferred
Potomac Edison Co 6% pref

100

107
115

8

83*
103*

93*
84

:

114

109

100

101

104

843*

983*
413*

*

853*

413*

141

1423*

100

124

1253*

1113*

1113*

66

111

1123*

Public Serv El & G $5

1143*

119

175
107

*

Puget Sound Pr & Lt $6 pref
*
$5 prior preferred
*
Quebec Power common
*
Queens Borough G & E 6% pf 100
Rapid Transit Ry—See P 8 Corp
Republic Nat Gas
2
Rhine-Westphalia Electric Pow—
Amer shares representing com.
Rhode Isld Pub Serv $2 pref 27 3*

1083*

25

253*

783*
12%
273*

80

293*

53*

53*

13 3*

33

5o

333*

80

1

;

50

35*'

50

64

3*

Rochester Gas & Electric—

J 00
100

102
102

104

.106

101

1013*

10U
._*
10

115

~2~

13*
113*

123*

100

87

90

100

108

St Louis County Water pref. .100
St Louis Public Service—
*

109

St Joseph Ry Lt & Pr 5% pf
St Joseph Water 6% pref

New class A

13*
100

7% preferred

100
Savannah El & Pow 6% pref. 100
7% preferred
—100
8% preferred
.100
Scranton Electric $6 pref
*
Scranton-Spring Brook
Water Service 6% pref..—
*
Scranton Transit common..
1
1st
2d

$5 preferred
$5 preferred--;

105

Sierra Pacific Pow common....*

Preferred

100

Sioux City Gas & Electric

573*
713*

58
72 3*

114
14

16"

373*
13*
13*

38

1

2

2

$7 preferred
South American Utilities

..*
*
50
*
..60

63*
73 3*
433*
763*
3*

.....

50

2

Consolidated Trac pref

60
DuquesneLight5% lstpref 100

.

116

25

Monongahela Lt & Pow
60
Monongahela St Ry—
60
Phlla & Darby—See Phila R T
Phila & Grays—See Phila R T
Philadelphia Elec Co com..—..*
$5 preferred— ...—

7

743*
443*
80

13*
33*

H
1163*
3*

1

16

99

1

114

100

108

100

101

preferred

52

1063*

23*

*
7% preferred
100
Union Electric Co of
Missouri—
5% preferred
♦
Union Gas (Canada)
»
Union Gas System
com...
.10
Preferred
sn
-

.

26

1133*
12 3*
9

93*

Union Pass—See Phila" RT
Union St Ry (New
Bedford)..100
Union Traction—See Phila R T
United

Corp

23*
403*

.—...*

I III*

40*
8*

United Gas & Elec
(Conn) com *
7% preferred
l5o
United Gas & El (N J)
5% pf.100
United Gas Corp com

13*
973*

__1

$7 pref series A
Warrants
United Gas

♦

3*
133*
1123*

Improvement..... *

$5 preferred
."*
United 111 Co of New Haven.—.*
United Lt & Pr com A
*

Common B
6% cum lstpref

126

%
3*
353*
833*
843*

IIIII*

United Light & Ry 6% pref... 100
6.36% preferred..:
100
7% preferred
100
United Public Service Corp..
1
United Pub Util com A
*

«.

213*

.»

Utilities Power & Light—
Old 7% cum preferred

223*

163*

5c

15c"

100

»

-

«

94

104
114

18%

293*
293*
29 3*
43 3*

Southern Calif Gas Co—

73*

*

116

100

69

100

60

Common

_*

■Pfflferpflijl

4*

273*
1063*
7

735

193*

West Penn Elec Co class A.

115
110

100
100

1073*
1123*
1043*

100

1163*

1173*

West Phlla Pass—See Phlla R T
West Texas Utilities $6 pref..—.*

993*

1003*

7c

15c

7%
6%

cum
cum

preferred
preferred

West Penn

Power

Co—

West Va Ohio River

Bridge—
.....*
..*

Preferred

Prior preferred
West Va Water Serv 6% pref
Wastern Lt A Tel com

Preferred

7
12

*
1

101
82c

25

....

*

Western N Y Water

50

93

153*

Ogden Corporation,

Western Massachusetts Cos..

1

3*

3

613*
613*

Utilities Stock & Bond
Corp....1
Virginia Electric & Power—

—

118

115

13*
H
%
193*
213*

$2.75 preferred
I.I*
$3 preferred*
United Utility Co common....10
Utah Power & Light—
$6 preferred
.....*
$7 preferred
*

Common
~

_

93

.....1

43*% preferred
203*
«.«.

113

53* % preferred series O
25
6% preferred series B
25
Original preferred-.—......25

3*
203*
293*
30

303*
453*

pref
*
Western Union Telegraph..
100
Westmoreland Water pref-.....*
Wheeling Bridge..
.....100
Wheeling Elec 6% pref
100
William sport Water pref
__*
Winnipeg Elec class A.....
*
Class B

100

Wise Elec Pow 6% pref

343*

233*
100
114
r

101
2

r

10

59

343*

303*

-.100

£

1053*
1063*

26

Wisconsin Pub Ser Corp 7% pflOO

x

106

Southern Canada Power——._*

133*
13*

133*
13*

63* % preferred
100
Wisconsin Telep 7% pref..... 100

x

1053*

68

72

cum

Telep

Southern Union Gas
A

t Called March 21 at 107.

preferred

/Flat price.

100

103

183*
167

*

23*

25

173*

com—.—

Jfc Last sale,

/

n

York (Pa) Railways

104

183*
170

York .Water Co

118

1063*
109
mmm mm

mmmm

m

mmm

..5

1

13*

*

6

9

pref——50

20

1.25

25

26

263*

Worcester Trans Assoc—

preferred......100

x

mm

125

58

25 3*

4.80%

3
v

121

30

Wolverine Power Co

"23*

121

34

Southern Col Pow com A__—25
Preferred
.100

mmm

116

1

6%|pret (1897j;serie8)

7% preferred—

10
24

102

(1921) 100

Wise Hydro-Elec 6% pref
100
Wisconsin Pow A Lt 6% pref-100

273*

343*
7

*

Preferred

mm

103
86c

27

6% preferred series A
25
6% cum preferred
—25
Southern Calif Water pref.....25

Southern New Eng

37%
1183*

100

*

10

9

Southern Nat Gas com—...73*

373*
1173*

Toledo-Edison pref A 7 %
6% preferred

100
Washington Wat Pow 6% pref—*

Southern Indiana G & E—

60

1023*
43*

3*

23*

203*

r

_

Southern & Atlantic Teleg (gu) .25
South Calif Edison common—25

3*

0% preferred
™^d Avenue Ry
I
(N Y)
100
13th & 15th Sts—See Phila R T
Tidewater Power 6% pref
♦

3*
17

3*

16

90

99

7

Partic units
Preferred

52

2

103

88

*

Wash Gas & Elec
7% pref..1.100
Wash (D O) Ry A El com
.100

115

493*
%
%
163*

25

Peoples Water & Gas$6pref_.100
Peoria Water Works 7% pref. 100
Phila City Pass—See Phlla R T

112

100

100
100

43*
102

1

Washington (D O) Gas Light-

com

-

99

*
1

20

120

$4 preferred
60
Sou Carolina EI & Gas 7 % pf .100
South Carolina Power 6% pref..*
Sou to Pittsburgh Water—
6% preferred
7% preferred

75

113

113

100
*

111

34

113

*

110

Second Ave RR Cop (NY)
*
2d & 3d Sts Ry—See Phlla R T
Shasta Water Co
*

113 3*

105

23*
104

pref—.100

1183*

*

common

80

-.100

$6 preferred
Virginia Pub Serv 7% pref
6% preferred

San Antonio Public Service—

6% preferred

99

Tampa Elec Co
*
7% preferred
—.100
Tampa Gas. 7% pref.
100
lerre Haute Elec
6% pref
100
Texas Electric Ry
..100

See

—

Seattle Gas

preferred

Class B common..

Rockland Light & Power

11

.....

3

Ridge Ave Pass—See Phila R T

Preferred

conv

$3 cum preferred
Warrants

70

Rapid Transit St Ry Co—100
Public Serv of Okla 6% pref.-100
7% preferred
100

Class A

4

»

........

1073*
100

163

162

5%

(Minn)

100
100

*
Consolidated Trac of N J--100

Rio Grande Valley Gas v t c
Riverside Traction..

»

Twin States Gas & El
7% oref 100
Twin City Rap Transit

41

40

106

*

pref

3*

1%

1$

5%

89

1133*

Southeastern Gas A Water A—*




114 3*

Public Serv of Ind $7 prior pref__*
$6 preferred
*
Public Serv Co of N H $6 pref—*

8% preferred
7% preferred
6% preferred
$5 preferred

%
93*

106

Public Service Corp of N J

143*

3*

$3.50 preferred
Texas Power Corp common
7 % preferred
Texas Power & Lt 7%

100

$5 preferred

13*
933*
104

B

69"

115

Providence Gas Co
*
Public Elec Light 6% pref.
100
Public Serv of Colo 7% pref—100
;

101

Preferred
*
Suburban Rapid Transit St RylSo
Superior Water Light & Power—
7% preferred
100
Swiss Amer Elec
5% pref .500 Fes
Tacoma Ry & Pow Co
*

com

Texas Elec Service $6
pref__
Texas Gas Util com
Texas Hydro Electric—

%
83*

60

7% preferred..
100
Potomac Elec Pow 6% pref—.100
53* %
preferred
100
Power Corp of Canada com
*

6% preferred
5% preferred

t---1043*

14

*

52
7

Telegraph System—
non-cum

183*

Without par value,

3

50
6
66

18

♦

13*

2*
66

110

88

Federal St & Pleasant Val

93

89

*

104

I
10C
1

......

Traction

523*

1023*

100

25

Citizens

23*

43*

50

Portland Gas & Coke 7% pref 100
Portland Gas Light
...50

$6

2
4

12
44

Tacony-Palmyra Bridge—

1123*

Scrip
Preferred

Philadelphia Co com
$5 preferred
6% cum preferred
$6 cum pref
Allegheny Traction

40

115

T

Shawinigan Water & Power—.*
Shenango Valley Water pref—100
Sierra Pac Elec 6% pref..
100

*

—. ....

Common class B——

663*
153*

14

Pennsylvania Telephone Co—
$2.50 preferred
*
Pennsylvania Water & Power...*

Peoples Gas & Fuel Corp
People s G L & O (Chic)
Peoples Light & Power Co A

40

65

^

mmrnmmmmmmm mmm

Pennsylvania Power $5 pref——*
Pennsylvania Pow & Lt $7 pref-*
$6 preferred
....
$5
preferred
Pennsylvania State Water, pref.*

Preferred

3%

Bid

1

Class

38

100

Portland RR 5% stock

$7 cum prior pref
$4 cum preferred
$6 cum prior pref

Standard Pow & Lt

56

San Diego Cons Gas & Electric—

$1.40 preferred class A—..25
Penn-Ohio

7% prior preferred

Rochester Transit common

90

R

14 3*

56

Plainfield Union Water
_*
Portland Elec Pow 6% pref—.100

47 3*

*

Common

Phila

31

88

18
13 3*
57

*

6% preferred series O—
6% preferred series D
5% preferred series E
Rochester Telep $63* pref

343*
343*

79

73*

Philippine I*>ng Dist Tel
100
3*6 Pittsburgh Suburban Water—
$5.50 preferred
100

11

Northern Liberties Gas..

93*
34

Phila Transportation CoCommon v tc

10

preferred-

6

50

pd)

51"

6%

45

Union Traction ($173* pd)-50
West Phila Pass guar
50
Phila Suburban Wat 6% pf—100

51
493*
33*

North Texas Co (Del)
10
Northeastern Wat & Elec com—*

85
24

50
50
50

£ 3d Sts Ry guar
13th & 15th Sts Pass Ry
Union Pass ($30 5-6

Par

Southwest Consolidated Corp
1
Southwest Gas (Okla) 7% preflOO
Southwest Nat Gas $6
pref....10

Southwestern G & E 7% pref. 100
5% preferred
100
Southwestern Lt & Pr com A
♦
$6 preferred.
*
S'western States Telep com
II
Springfield City Water 6% pf 100
Springfield Gas & Elec pref
Springfield Gas Lt Co
25
Springfield (Mass) St Ry CosPreferred
100
Standard Gas & Elec com
*

13

Frandf d & Southwark Pass.50
Germantown Passenger
50
Green & Coates Sts
($15 pd) 50
Hestonville M & F com
50
Preferred
50

2d

.1

/8

——

13*

Pass Ry ($29 pd)-50
Fairm't Pk & Haddington. .50

Passenger guar

313*
23*
43*

4

50

PhilaCityPass Ry($223* pd)-50
—

1043*

North Amer Utility Securities—*
North Boston Ltg Prop com—--*
Preferred
100

preferred-

Stocks

Ask

31

25

Philadelphia Rapid Transit.—50

30

18

-

Option warrants

181%

Bia

Par

Phlla Elec Power
8% pref

Citizens

22

pref 100
(guar) -25

New Rochelle Water 7%

closing day of the month preceding the date of Issue

Stocks

109

STOCKS

UTILITY

are as near as possible for the

3

193*

Nominal 5

r

Canadian price.

I New itock.

*

Ex-dlvidend,

Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear
under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities."
In the
case of
stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land,"
"Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of tha

"Industrial and Miscellaneous."
NOTICEtt-AH bond prices

"and interest" except where marked "f" and income and defaulted bonds

are

Quotations for a1! securities are as near as possible for the closing day of the month preceding the date of issue
Bonds

Bid

Bonds

Ask.

INDUSTRIAL AND
MISCELLANEOUS BONDS

Betnlehem
Purch

money 6s 1998—Q-Feb
Dons M s f 4%s ser D '60.-J&J

52

50%

Investing companies
Advance Bag & Paper 6s *52. J&D

95

Aeolian Co 6s 1944

J&J
96
Agar Packg & Prov 5s 1945.J&D
63
Akron Times-Press 1st 6s '45 A&O
102
Alabama By-Prod 6s 1955
90
J&J
Alabama Mills 6s (w-s) 1953-J&D /
41
Without stock
J&D / 26
Albany Perf Wrapping Corp—
A&O
A&O

1948

w w

55

60

6s 1955
/
Alberta Pacific Grain 6s 1946 J&J

O) 00
1

1

1

1

i

1

1

1

1

1

1

1

1

1

1

1

■

1

1

Allis-Chalmers

s

f deb 4s

84%
100
96

'5£.M&S

,110%

Amer Colortype 6s 1942

F&A

100%

Amer Dept St's (Pa) 4s *48.-J&D /
Amer Dept St's (Del) 6s '47.J&D /
Am Fruit Growers 5s 1950--F&A
Amer I G Chem Corp—
Conv deb 5%s 1949
M&N
International Corp—
See Investing Companies

6%s

70%

Bowser (S F) 7s 1944

Brit Col Packers 5s 1953
J&D
76
British Columbia Pulp & Paper—
1st 6s 1950
—M&N /
63
Gensf 7s 1950
M&N fr 73

78

86
101

31

101%

104

55"

Income 7s Jan 1 1943-.—M&S/
Anaconda Copper Mining Co—

93

1950--A&O

107

Anglo-Chilean Cons Nitrate—
Sink fund income deb 1967 J&J

36
90

Trap 5s Aug 11940__
(San Fran) 1942 J&D

1st s f 68 (Los Ang) 1942--J&D
Antilla Sugar Estates—
Income deb 6s 1951 (w-s)—J&J /
A-N Y & B-NY Realisation—

M&S

Arcade Mall Iron 7s 1943..M&N/
Armour & Co of Delaware—
1st M 20-yr 4s ser B

1955.F&A
1st mtge 4s series O 1957— J&J

45

102%

A&O

Arundel Bond Corp 2-5s Dec 1 '53 /
Arundel D*5b Corp 3-6s Dec 1 '53. /
Assoc Laundries of 111 6%s 1942.
Associated Mtge Co 3-6s Dec 1 '53
-

1st lien 4s 1952
J&J
Atl Gulf & W Indies 8S Lines-

96

12

70%

14

4%s 1952
100% ICanada SS Lines—
1st & gen 5s 1957
100%

F&A

88

52
64

67"

52

55

102

52 %

loo"
95

102

111%

Bayway Terminal 2nd inc 68 '57-

-

63

65

93

/

36

37

25
20

30
25

Beaver Mills 1st 5s 1950—J&J
Bedford Pulp & Paper 6%s 1942.

101

Beech Creek O & C 5s 1944—J&D

96

25

5% conv debs 1944—.—M&N

92"
163""

17

80

81%

80

25-yrguar 5s 1955
__M&S
Can Pow & Pap Inv 5s 1958-F&A
Canadian Vickers 6s Aug 1 1947Garribean Sugar—
Cum inc 7s 1941
—F&A
Carlisle Lumber 6s 1945
Carrier Corp conv 4%s 1948 A&O

Carthage Marble Corp—
1st s f 6%s A 1942
M&S /
1st n-c income 5s Apr 1951
/
Oassco Corp inc 6s 1949
M&3
Celotex Corp—
Debenture 4 %s w w 1947-F&A
Central Coal & Coke—
Non-cum inc 4s B 1941-..A&O
Central Foundry Co—
1st mtge 6s 1941
M&S

Central Steel 1st 8s 1941 ..M&N
Certaln-teed Prod 5 %s 1948 M&S

Cespedes Sugar 7 %s 1939
M&S
Champion Pap Corp 6s *45--F&A
Champion Paper & Fibre Co—

'50('35 issue).M&S

4%s s f deb '50('38 issue)_M&S
Chateaugay Ore & Iron—
J&J

Chic Grain Corp 3-5s 1952
A&O /
Chic Molded Prod 5s 1949-A&0

Corp inc 5s 1968
.J&D
Cities Service Asphalt 5s 52.A&O
City Ics (Kansas) 6s 1940—A&O
City Savings Bank of
Budapest 7s 1953
F&A

k Last sale,

n

Nominal,

r

Ooplay Cement Mfg 6s '41
A&O
Cosden Petroleum conv 5s
'47 J&J

62%

5%
Credit Service—See

64

66

55

57

4

5

92"

3
10

36
88
64
98
75

24

110%
79
16

99%

100

105

80

82

Investing Cos
106%
102%
103%
55%
93%

1944

J&D

Cudahy Packing 3%s A '55.M&S
f deb 4s 1950

5s
1940
Curtis Cos 6%s A

M&S

93

a&O

80

1947—M&N

96

Dairyland League—
Certifs 6s May 1 1944.
Certifs 5s May 1 1945
Certifs 5s May 1 1946
Certifs 5s May 1 1947.
Certifs 5s May 1 1948
Certifs 5s May 1 1949
Danish Prod L'n Fund 5s
r4~0". J&J
Davidson Biscuit 5 %s A '45 A&O
Davidson-Boutell 5s 1946—J&D
De Bardeleben Coal
Corp—

106%
104%

w w

1948

104

59%
94

94

98

96
94
92
91
98
100

98%

f

.

31

101

57%
53

40%
84

Garages 5%s Mar 1948—
Detroit Har Term 1st 6s
'50-M&S

43

us

lytu CO

26
97

4d J

Deutsche Kentenbank—
Farm Ln s f 6s Oct
S6P1PA

15'60 A&OIS /
*'

K

S)'5Iay

Mfg

Co^

Cum inc 5s
(w-e) Nov 1
Cum inc 5s

1949—

(ex-stk)

Nov 1 1949
8er A '52.A&0
%s 1940-1943
A&O
lominion Steel & Coal
6%s 1955-

>am
P?%\lst
Serial 3

152
94

160

100%

101%

98

86%

lominion Tar & Chemical Co—
Deb 4%s ser A 1951
M&N
om Woolens & Wore
6s '53.J&J
lonnacona Pap 4-4 %s '50—F&A

101%

10-yr 5%% notes 1947—J&J
JowChem Co deb 3s 1951..J&D
ryden Paper 6s 1949
F&A
>ufferin Paving & Stone—

105%

Deb 5s series A 1955
>umont (Allen B) Lab—

Jan

86
82
83
81

49

2%-5s 1949.
M&N /
50
•uplex Printing Press 3s 1944 J&J
>urham Duplex Razor 6s
1955—
70"
>urez Plastics & Chem—
4%s conv debs 1949
M&S
304%
arl Fruit lst s f 5%s
1947--M&N
93
astern Car Co Ltd 6s
1952 J&J
astern Corp 5s 1953
J&D
astern Cuba Sug 7%s '37.M&S
.astern

53

85

106

95

40 74

72%

96
52

99""

\joai

.mplre Properties Oorp 2-3s 1945

62

Impire Sheet & Tin Plate—
6s 1943
A&O
Imporlum Capwell Oorp—

56

57%

lst 4s

60

65

4% notes 1942

1952
H V.x.

109%

uorp——

f 4s 1956

115

SAJ1

65

J&J

104%

J&J

102

A

■

rv

20

Ex-interest.

85

JRR*
82

40

103%
55%

x

83

87

57

5

87

86%

J&D

43

88

Dairies 6s 1949..
M&N
71
Mfg 7s ser A 1938--J&D / 105

.uurii

s

106

104

109%
."v

Coll

56%

102

21

F&A

—II

29
98

Canadian funds,

103%

I 104%

etroit

astern

86%
102%

104%

M&S

nife « f deb 4%s 1948—_J&J
]Weel 4^s A 1948 F&A

Dickey (W

103%

3

Crown Cork & Seal Co
Inc—
15-yr 4s s f Nov I 1950—m&n

4s

106

106

90%
63%

104

2nd income 6s Mar
1946
Detroit City Ice & Fuel—

104

IS*

109%

19&1-J&D

Crowley Milner 5%s 1946..M&N

s

105%

102%

86

Cosgrove Meehan Coal
6%s 1945
8 f deb
Foncler Franco-Oanad—

nuitn

95

108%

97%

86%

62

71

88
67

82"

82

82

86

55%

69

18

1st cum inc 5s 1957-Ann
April /
Deep Rock OH 7s 1937
stmp M&S *
Deerfield Glassine 1st 5s Mar
*50
Defiance Paper 6s 1939
J&D
Delaware Floor Products—

80

Gen mtge 5s 1941
70
M&S
Central Iron & Coal 6s 1938.F&A / 22
Central Paper Co 6s 1948...A&O
100
Central Ry Term & Cold Storage
6%s 1952
A&O

4 %s s f deb

82"
83

101
101

85%

90"

54

87%

£raS?
S° 3^s
Credit

7%
13

Cumberland Ry & Goal—

99

Can Locsmotive 6s July 1953
Canadian Nat Steamships—

Childs Co deb 5s 1943
A&O
Chilean Nitrate & Iodine Sales




23

100

J&J

Chicago Produce District—
1st cum inc 5s (w-s) '48-.F&A
Chicago Stk Yards 5s 1961.A&0

/This price includes accrued Interest,

26

105

Chesap'ke»CampCorp4 %■ *47 J&J
80

105

I

Guar gold 4s 1942-

Bendix Home Appliances—

42

51

/

J&D

1st M 6s 1949

100

Battle Creek Sanitarium—
1st s f 4Kb A 1954
J&J
Baush Macn Tool ext 5s '41.M&S /

102%

J&J r
96%
Canadian Bakeries 6%s '45-M&S r 101%
Canadian Canners Lta 4s'51M&N r
80
Canadian Internat Paper—

72

105%

IR34
59

11

6s 1940J&D

Conv

90

Campbell Transportation Co—
Equip trust 4%s to 1946--M&S
Equip trust 4s to 1951
J&J

70%

35%
58%
58%
70%

100

Calif Group Corp 5 %s 1956 M&N
Calif Packing 5s 1941
Certificates of deposit.1942
Campbell River Timb 6s '41.J&J

68

Bates Valve Bag 6s 1942

b Bails.

153%

conv s f

102

104%
101%

warr..J&D

Continental Oil—
Conv deb 2%s 1948
J&D
Continental Roll & Steel
Fdy—
1st M

52

.

J&j
Container Corp 1st
6s'46.J&D15
with

86

105%

6

/

6s 1948

Cuban Tobacco 5s
22

r
j

Sink fund 5s July 1
1960..J&J

1943

96

83

Consumers Co (111) 5s 1956..J&J
Consumers Rock & Gravel—

5s

73

30

105%
50%

._

51

101%
101%

s

7s

Baragua Sugar Estates—
Barber & Ross 4s 1945

68
39%
54
35
95
24

Canada Bread 6s 1941
f&A r
Can Cementlst4%sserA'51 M&N

M&8/ 110

J&J /
J&D

J&J

Canada Paper Co 3s 1940-41-J&D r 100
99
3%s 1942-45
J&DT

100%

Bait Steam Packet 5s 1942—F&A

A&O

Coal Co—

106'"

92%

F&A

Consol Paper Corp 5%s
1961.J&J
Consol Press 6%s 1949
-J&D
Consol Textile lRt Ks
1941
J&I>
Cum conv inc 5s 1953
M&N

Deb

57

25

99%
94%

M&N

Bush Term 1st 4s 1952
Cons g 5s Jan 1955

Cum mc bs 1950-

Oont 1 Invest Bond
Corp 2-5s *53.
Oont 1 Invest Deb
Oorp 3-6s '53

100
34
57

J&J

29%

51

-

1947

£6"

65
3

1

99%
99%

Cum inc 6% notes
1950.-F&A
Donsol Oil s f rjeh 3
%s 1951 J&D

43

41%

83

55

65

'41 M&N

Consol Biscuit 1st 5%s b
'46 M&S
1st 5%s ser O 1946
J&D
Consolidated Cement Corp—

Consolidation

Oamaguey Sugar—

37

103

Without warrants
Baldwin Locomotive Works—

f extl 6s 1940

f 8s 1948
A&O
Deb s f 6%s guar 1943
A&O
Calif Cotton Mills 1st 6s *40-J&J
Calif Dairies deb 6%s 1942.M&N

107 %

Auburn Automobile—

w'47J&D

s

Burns Bros deb 5s A 1961--M&S
Burns & Co Ltd 1st sf 5s 1958 J&J
Income 5s 1958
-Ann, Apr

1st

71

55

Conv deb 4%s 1939
J&J
Autocar Co 7s ext 1947—M&N

6s

ser

101
102%

O-E to 1941-M&N
F 1946
M&N

24

58 Jan I 1959
J&J
68%
Atlantic Ice & Coal 6s 1951. J&D
82
Atlantic Ice Mfg 6s 1945
F&A
65
Atlantic Refg 3s debs 1953—M&S
105%
Atl Bug Ref 1st s f 4s '51—M&N r
98%
Atlas Imperial Diesel Engine—
6% conv notes 1945
M&S
100%
Atlas Pipeline Corp 6s 1945-M&N /
40
Gen conv 6s 1950
M&N
8

Cum Inc deb

ser

28

Coll tr g

Mtge 6s 1950

65

48

Calaveras Timber 1st 6s '38-M&N /
California Consumers Corp—
1st lien 3-5s 1955.
J&D
Calif Cooperative Creamery—

108

Atlanta Laundri

-

101
93

Byers Machine 3-6s
1946
Byrndum Corp ext to Jan 15 1942

98
97

100%
100 %
,

1st g 5s 1940

Hill Falls Co 6s 1959-M&N
Budd (E G) Mfg 6s ext 1941 .f&A
Buffalo Gen Laundr 6 %s '41-J&D
Bullock's Inc (Los Angeles)—

Bldg 1st 5s stamped 1960 A&O

Arnold Print Works—

w

92

15-yr

Anthony (E O)—

Avery (B F) & Sons 5s

J&J

1948

Buck

40

69

1st 5s Feb 1 1952

series B

Columbia River Paper Mills—
6s to 1948
A&O
Cum inc 5s April 1967
/
Commercial Mackay Corp—See

Ask

80

Gen mtge 6s w s 1954
62
J&J
Colo Fuel & Iron a f 6s
105
1943.F&A
Income 5s 1970
An Apr /
72
Columbia River Packers Assn—
Income deb 2s Oct 1950
/ 40

51
41

Bklyn Serv Station 5%s '46-J&D
35
Brown Coal Indus 6 %s *53
A&O / 13%
Brown Co 1st 5%s 1946
A&O / 42
1st 5%s 1950 ser B.
M&S/ 40%
Brown Pap Co ext 4%s'41-A&O
98
Bruck Silk M Ltd 6%s '45.M&N
75
Brush-Moore Newspa 5s '45-A&O
103 %
Bryant Paper 6s A 1942
M&N
92
1st 6s

53

/

5s, 1955

M&N
Brandram-Henderson 0s '56.J&D

-

96%
110%

38
92%

J&J / 40
J&J
102%

American Writing Paper Co—
Conv 6s 1961
Ann Apr
Ames-Holden Tire & Rubber—

1st s f 6s

48

78%

60

M&S /
f
6
F&A
111%
Debenture 6s 1944
A&O
118%
American Type Founders Inc—
Conf s f deb 2%-5s 1950-.J&J
105%
Am Wire Fabrics 1st 7s '42—M&S
92

Animal

46%

M&N

Climax Engineering 5s 1946.A&O
Colonial Colliery 6s 1954—m&s /
Colonial S S Co, Ltd—

Public Utility Bonds.
Connor Lumb & Land 6s

103

104

Am Silica-Sand 6s 1951
Am Tobacco deb 4s 1951

Sink tund deo 4%s

100

Burmeister & Wain (Copenhagen)

Am Lime & Stone 5%s'51—. M&S
Am Mach & Metals 4s 1943--J&J
Amer Nat Co (Ohio)—
Extended 6s stpd 1943
Amer Seating 6s stpd 1946

—

J&J

1947

4% notes
4% notes

J&D /

1956

F&A

2.60%

101
48
39

Amer La France & Foamite—
notes

fr0.50 to

Blethen Corp (Seattle)—

60

American

5%%

100

_

Donovan
Lumber
Mills 6s 1940-42
—f&A
Boston Wharf 1st 4s 1941
A&o

40

103%

101
98

Bloedel

Alpine Montan Steel Corp—
1st s f 7s 1955
M&S /
16%
Amer Airlines deb 4Kb 1941 _J&J
275
American Aggregates Corp—
New 3-6s 1943
F&A
98

105%
108%

107%
100%

1941-50.:

Blaw-KnoxCo 1st M 3 %s '50

ICO T—1

Algoma Steel Corp Ltd—
Conv 5s ser A 1948
M&N
Allied St's Corp deb 4 %s '50. A&O
Debenture 4%s 1951
__F&A

106*32

102
105%

Cons mtge 3%s ser F 1959-J&J
Cons mtge 3s ser G I960--F&A
Cons mtge 3 % s ser H '65 _ F&A
Serial debs Mar 1

40
78

151

Bethlehem Steel Corp—
_

Bid

Cleve Tractor conv 5s 1945

148
106%,

4%sto 1941
—J&J
3 %• series E 1966
A&O
15-yr sf conv 3 %a debs *52 A&O

See

6s assented

Bonds

Ask

81

Bethlehem Steel Co—

Abitibi Power & Paper—
1st M 5s 1953 ser A
J&D /
51%
Certificates of deposit
/ 48%
Acadia Sugar Ref 4%s 1955. A&O r 100
General 6s 1954
A&O 16
80
Adams Express—

1st M coll tr 6s 1948

Bid

Fdy & Ma 5s'44 A&O

59

70

INDUSTRIAL

82

MISCELLANEOUS BONDS

&

NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted
Quotations for all securities are as near as possible for the closing day of the month preceding the date of
Bonds
Ernesto Breda 7s

Bid

Ask

96

98

.F&A

1954..

European Mtge & Invest Co—
1st lien 7M« I960 ser B —.F&A
7Hs Income 1966
wv« ,
1st hen 7s 1967 ser O
M&S f
7s Income 1967------------/
Everiastik Inc 1st 7s 1937-M&N
Fairbanks Morse & Co—

2

12
2

55

20-year 4s s f

deb 1956—-J&D

98

1947—J&D

Players Canadian—■
,
1st & coll 3Ms 1940-1942-J&D

Fan

ous

99

25

1963--M&Sif

4

7" 63A&0/

Farmers Nat Mtge Inst

Ltd 6s 1949--F&A,
Fed Home Mtge 6s to 1941- -F&A /
Fed Portl Cement 5s 1947--M&S,
Federal Screw Wks conv 6 He 39
/

80
60

1st s f 5s 1949----------M&S
Filtrol Co of Calif 5s 1946.- j&D

Baltimore

79"

78

Federal Grain

Finance Co of Amer at

loi M

100M

1st & coll 4^8 1951------J&D
Farmers Mfg Co3Ms

-

31

34

41

45

88

92

1961-.
--M&«
105 M
Firestone T & Rub 3 Ms 48—A&O
First Bohemiau Glass Works—
1st secured 7s 1957
J&J/
8M
Flour Mills of America Inc—
33M
Conv g 6^% notes 1946.A&O f
36 H
Follansbee Bros 5s 1947— - J&-D /
65
Fontenelle Brew 5s ww 1947 -J&J
Forest Lawn Co—See Real Estate
Companies
Francisco Sugar 6s1956—-M&N
Franklin Co Coal Co 7s w s'49J&J

'53-J&D

Frick-Keid Supply 6s

Fruehauf Trailer del

Galveston Wharf
Ref 5 Ms
Ref 5M«

---4&D
1940—J&D

100

4M® Dec 15 1947
J&D
Gen Amer Transport 3s 1940.J&J
General Bronze deb 6s *40-^M&N
General Cable Corp—
1st mtge s f 5Ms 1947 ser A. J&J

101

1940

1st 5s

Garlock Packing 4Mb

GenElec
Deb

Deb

General

Finance—

See Investing

89
102 H

102 M
26 M

58 '

32

29 H
27 %

30

•

Gen Motors Acceptance Corp—

15-year deb3Ms

105

104 X

1951-—F&A

76M
70M

74
68M

Gobel (Adolf) Inc—
Conv deb 4 Jus 8er

Interlake Iron Corp—
Conv deb s f 4s 1947—- A&O

99 M

20

"

85

87

20M

35

104 M

1945-50
J&D
Gordon-Pagel 6s 1940-1944--J&D

102

interstate Zinc & Lead deb

102

Iron

104M

Interstate Deb

86 M
56

1946
5?&®
Co 1st 6s *43-F&A
100
Granby Consol Min & 8m 5s 1942
Grand Rapids Motor Coach—
Cum inc 7s 1962 w s
M&S / 67
Grand Rapids Operating Corp—
5 f deb 5s w w

Graham Paige

101"

102

F&A

76

79

Grand Rapids Stores

Equipt Co deb 5s 1949

Grigsby-Grunow conv 6s '36 M&S
Groc St's 1'rod conv 6s 1945.J&D

/

18M

/

61

/
/

/

72

60

_

50
101,

lOOM

96M

43
20
97 M

99

18

20

97

b Basis,

100

86 M

4

81

68 M

"4"

72 M
102 H

102M

98 M

99

84

86

95

McOormicks, Ltd, 4s 1952
McCrory Stores Corp—
5a

s

r

M&N

f deb 1951

conv deb 5 Ms 1950-M&N /
(Tho) Corp—

93M

1st M 6s 1945 with warr__M&N

103 M

Medusa Portland Cement—
1st conv 4-5 M8 to 1945—A&O

101M

Appeal 4Mb 1952
M&S
Mengel Co conv 4 Ms 1947—M&S
Merchants

99 X
92 M

Distilling Corp—

5% conv deb 1947
M&S
Merchants Ice & Cold Storage—

50

A&O
Mercury Mills Ltd 5Ms '53.M&N
Mersey Paper Ltd 5s 1957—J&D

r

Gen 8 f 6s ser A 1949
M&S
Messenger Corp deb 4 M« *51 J&J

r

97

Conv

Miller & Hart Inc. deb 6s '43. J&J

Miller & Lux Inc 1st M 6s '45A&0 j
Milton .Mfg Co 6s 1952
M&N
Minnesota & Ontario Paper Co

1st 6s series A 1935

9

72

68

60

94
54

(Rudolph) Inc—
mi

M

8

38
104
95
78
103 M
100
95 M
89
11

105
104

105M

29

96

1st 6s series A

1945

A&O
A&O
-..J&J

6s series B 1948
1st 6s series C 1950
M&N
5-yr 6% notes 1931
M&S
Minnesota Tribune & Manistiq
Pulp & Paper 5 Ms 1941--M&S
Missionary Sisters (Waukegan,
111) 1st ref 3M-4s 1951—A&O
Mohawk Rubber ext 5s 1948 A&O
Moirs Ltd 1st s f 6s 1953----J&J
Molybdenum Corp of Amer—
6% notes 1942
J&D

70

102
51
33 M
35 X

35X
35M
12 X
100
99 M
94 M
69

Monon Coal—See Chic

24

—

mrnm.rn.mm

m.

mm

m

mm

—

—

-

National
Central

80

90K

53

100

95

38
3

101
mmm.rn

....

13

....

National Central Savings Bank

100M

n

67 M

Funding—

(Hungary) 7 Ms 1962
F&A
Natl Consol Bond Corp 2-5s 1953.

74

rn.rn.mm

80

Bondholders

All series

89

k Last sale,

88

95M
Ind & L Ry.
Monong Riv Cons Coal & Coke—
118
1st 6s 1949
A&O
96 M
102M Monroe Coal Mining 6s '47--F&A
Montreal Cotton deb 5s '43-M &N r 103
97
Montreal Dry Docks 6s *48-F&A /
91
47
Morris Plan Corp—>
See Investing Companies
98
Mtge Bond Co (Md) 2-5s Dec 1'53
Mortbon Corp—
99
Coll
A
2
80
M-5s ser 1 1941
J&D
84
Coll B 2M-5s ser 2 1946 -.J&D
74
Call C 2M"5s ser 3 1951
J&D
Coll D 2M"5s ser 4 1956
73
J&D
78
97 M Mosinee Pap Mills 1st 5s *51 A&O
65M
90M Motor Transit inc 6Ms 1952.J&J
93 M
Munising Pap 6s A &B 1943-A&O
Munson
Steamship
Line—
105M
Secured 6s 1937
36 M
J&J
Deb 6Ms Jan. 1 1937 wwA&O
2M
104 H
Certificates of deposit
2M
105M
Namm (&A I) & Sons 6s 1947F&A
95
14
Nassau (Ger) Landbank 6 Ms 1938
4
Nat'l Acme 4 Ms ext to '46--J&D
102 M
33
25

8

100

f deb 6s 1947

15
19

80
58
97M

J&J
96
Metropolitan Ice 7s 1954--.J&J
64M
Miag Mill Mach'y 7s 1956—J&D f
16 %
Middlp States Petrol 6M" 1945—
100
Miehle Printing Press & Mfg—
Deb 5Ms 1948
—F&A
102M
s

—.

/
/
/
/

91
104 M

49

98 M

Keyes Fibre Company—
1st 6s 1940-1949
M&N
Kings Co Refrig 6s 1942—-A&O
Kingston Elevator 1st 6s '50 M&N
Kirby Lumber 1st 4s 1947-J&J 16
Knudsen Cream'y 5Ms '50-M&N
Koehring Co (Milw) 6s 1945.J&J
Koholyt Corp 6 Ms 1943
M&S
Koppers Co 4s 1951----—M&N
Kresge Foundation—
10-year coll tr 4s 1945
J&J
3 M° coll trust notes 1947-F&A
Kreuger & Toll—
5s uniform ctfs of dep 1959
La France Textile 1st 6s '42-J&D
Lake Erie Bolt & Nut—
5-6s April 1 1946
--J&J
Lake St John Power & Paper—
1st 5Ms 1961J&J
Debenture 5s 1961
An Apr
Lancaster Corp 3Ms A 1949-J&J
Lane Bryant inc deb6s'40wwM&N

F&A
J&J

1st 6Ms 1943-49

Gas—

f This price includes accrued Interest,

MeOol) Fronteuac Oil—
1st & coll 4 Ms A 1949——A&O

Memphis Commercial—

93 M
50

Kentucky Rock Asphalt—
3H-6MS 1945.
Keokee Cons Coke 6s 19

62

92

20-yr

97

2

62
40 M

McCoid Had & Mfg—
6s stamped
1948

Mead

55

f 5s 1950—

(par $925) 1943

78

M&N

McKesson & Bobbins Inc—

100

94 M
88

97 X

f 4s Feb 1 1957

s

1st

_urnarl of Oomm 6Ms '47—

6s with warr

100

106M

103

102 M
102 M

J&D

10 X

Mackintosh-Hemphill 5s'51-J&D

Messer Oil 1st & ref 6s 1942—J&J

7s '32 /

1st 6s 1943 with Am shs._M&N
Ctfs of dep w w stpd 1943
6s stamped (par $925) 1943

21

"f

125 X
128

104 M
64

74

106M

102 M

64"

93"

90

104 H

52

97

2M

2M

77

Harborside Warehouses—




74
38

49

-

Called Apr. 1 at 101M*

100

76
50

60 %

93

20J-8

48

_M&N / 48M
Gypsum Lime & Alabast—
5Ms 1948
M&S r 100
Hale & Kilburn 6s '39 stmp._ J&D /
23
Hamilton By-Prod Coke Ovens—
1st s f 5s ser A 1955M&N r 102 M
Gen sinking fund 6s 1956. jA&O r
98M
Hamilton Cotton 4J£s 1950-F&A r 100
95 X
Hamilton Mfg 5s w w 1951
M&S
25
Ham'd Standish 3-6s 1947--A&O
Hansa Steamship Lines—
47M
10-yr 6s 1939 w w_
A&O
Non-cum inc 6s Jan 1973
/
Harpen Mining Corp—
6s with warr for Am shs
J&J
Harris-Seybold-Potter—
Conv s f deb 5s 1951---—A&O
Hart Coal inc 6s 1945
/
Hatfield-Campbell Creek Coal
1st 6 Ms 1948
M&S

92
112

70M

Jones & Laughlin Steel—
1st mtge 4Ms ser A 1961-J

Karstadt

64

H

6

1st 5s series A w w 1952—

100

Gurney Foundry Ltd—
1st 4-5Ms (w s) 1949

*

s

98

99 M
109M
103 M

7s without warrants 1941-M&N /
17
Maple Leaf Milling—
5 Ms to 1949
57
J&D
Marine Elev (Buff) ext 5s '52M&S
Marion St'm Shovel 6s '47--A&O
71"
Certificates of deposit--64 X
93
Massey-Harris 1st 4Mb 1954.M&S
Matthiessen & Hegeler Zinc—
Extended 3-6s 1945
M&S
80

Jefferson & Clearfield Coal & Iron

Kansas Pipe Line &

1961.A&O

Gulf States Steel 4 Ms

-

50

73
72

81M

(F L) 5H% dividend
1942

!29M

Manhattan Refrig 5Ms 1941-J&J
Mansfield Min & Smelting—

ioi

3M

Corp 2-5s Jan 1 '55

Indiana Co 1st

100

Grand Trunk Ry Terminal
6 Cold Stor 1st 6 Ms 1952. A&O
Granite City Pig Iron—
Cum Inc 5s 1943
M&S
Graton & Knight 4J4s *51—J&D
Great Lakes Paper Co Ltd—
1st if 5s 1955
-„-A&P
Griess-Pfleger Tan'g 5 Ms'48_ J&D
Cum income l-5s 1954
J&D

Jacobs

78
125 H

19

6

City-Ohio River Corp—
6s Dec 1 '48-F&A /
ser 6s Dec 1 *48 F&A /
J&D
Tsotta Fruschini 7s 1942
notes

72

J&J

6s extended 1942

72

70M
100M

Ohio Riv

89 Ji

13 M

101"

Loiillard tP) tJo g is 1944—A&0
5s. 1951
F&A
Lukens Steel
extend 1955 M&N

1st

3M

Iron City ser

Gotham Silk Hosiery—

53 H

Manati Sugar 1st 7Ms '42--A&0
Ceitifieates of deposit—

103

1941—A&O
International Paper—
1st & ref s t 5s 1947 ser A.. J&J
1st & ref s f 5s ser B 1947.-J&J
Ref mtge 6s 1955 ser A —M&S
(nternat Pow & Pap of Nfld—
1st M 5s 1968
J&J
1st 4Mb 1968
J&J

96

95

B

Logan County Coal 7s 1942.M&N
1st ext'd l-4s 1956
M&N

5

Agricultural Corp—
5s 1942—M&N

Goodrich (B F) 4J£s 1956---J&D
Gordon Baking Co (Mich)—
5s series

97 M
33

tnternat Mercantile Marine—

70M

24 M
53 M

F&A

Lincoln-Boyle Ice 6s 1947
A&O
Lindsay Nunn Pub 6s 1944--M&S
1952
A&O
Liquid Carbonic conv 4s '47-J&D
Loew's Inc debsf 3 Ms 1946.F&A

7

1st & coll tr s f

International Match Corp—
Deb s f 5s 1947JM&N
Certificates of deposit
Conv deb 5s 1941
J&J15

25
24 M

Lion Oil debs 4Ms

85 M

1st M coll trust 6s

A 1941-M&S

Gold bonds 5s 1951

13 M

Certificates of deposit

70

Ir Wks (Germ'y)
15 1945—A&O 15 /

27

18

Good Hope St &
5 f g 7s Oct

25

Hydr Press Brick 6s 1944-- -A&O
Hygrade Food Products Corp—
1st & ref 6s Jan 1949 A
A&O
6s 1949 series B_
—J&J
Illinois Steel deb 4 Jus 1940. A&O
II Progresso Italo-Amer Pub—
Debenture6 Jis 1943 ww-.A&O
III Car & Equip 5s 1948
J&J
Hseder Steel mtge 6s 1948---F&A
Independent Brewing 6s '55-J&J
Indian Refining 5s Dec 1 1941—
Indiana Ice & Fuel 6 Ms *47-M&N
Ind Limestone inc 6s 1952-. M&N
Prior lien s f 6s 1942
M&N I
Indianapolis Motor Speedway—
1st extended 6 Ms 1946—F&A,
Industrial Acceptance 4s 1952 J&J r
Indus Rayon 4Mb A 1948—J&J
Ind Br'nhoist 6s Oct '54_An AprInland Car Lines 5s 1944
Inland Steel 3 Ms ser D 1961.F&A
Inspiration Consolidated Copper
1st mtge conv 4s 1952—A&O
Inter City Baking 5Ms 1948.J&J r

100

1 '44-J&J

71

98 M
75

97M

_

Globe Industrial Loan—
See Investing Companies.
Globe Wernicke 6s Oct

101M
101M

5

Intern at

Steel Wares—
98M
4 Ms ser A 1952----------A&O r
80 M
Georgia Marble is*- 6s 1950.M&N
102
Gerlack-Barklow Co 6s 1950-F&A
18
German Atlantic Cable 7s 1946__,/
/
14
German Bldg & L'd Bk 6Jus 1948i/
General

Glrard Pt Storage 3Ms 1940-A&O
Glen Alden Coa. M s f 4s '65 M&S

Leonard Tletz—See Tietz

Leipzig Trade Fair 7s 1953-M&N
Libby McNeil &Llbb 5s '42.A&0
1st mtge s f 4s 1955
J&J
Liberty Baking 6Ms 1944-—M&S
Liggett & Myers g 7s 1944--A&O

Credit Mfg 7s 1937
J&J /
Hungarian Disc & Exch Bank—
35-yr s f 7s 1963
J&J /
Hungarian-Italian Bank Ltd—
Sinking fund 7 Jis 1963...A&O

—

Companies.

Gen Rayon deb 6s 1948 w w. J&D f
Gen Stl Cast 1st 5^s '49 w w.J&J

100

Hungarian Central Mutual

-

100 *A
88

-J&D
M&N

1940—

f 6s 1948

425

37 Ji

101

(Germany) 7c 45.J&J15

6Ms
s

Stamped 1974
Sec 6% notes ext to 1943--J&J
Stamped 1943

65

65

J.
F&A

76

20

98M
98M

1951----J&D
1954——J&J

70

37M

F&A

1964-

1st & ref 5s 1974

10

Co—

series A
series B

Stamped

95 M
51
49M

i

63

_

62

1954

1st & ref 5s 1964

94

100M
61M

45

101M
10iys

6s 1972

Stamped

35

F&A

1st & ref 5s 1954

85

35

112

1st mtge income 1975
J&D
Lehigh C & Nav fund 4s '48 J&J
Cons s f g 4Mb 1954
J&J
Cons s f 4Ms 1954 ser O-.J&J
Lehigh Valley Coal—
1st 5s stamped 1944
f

98

32 M

109

1943--J&D
4M«'47A&0

87
80

97

M&N

4Jissf debs 1954

80

79

94

Hudson River Day Line—
S f 1st mtge 6s 1946
J&J
2d mtge inc 6s Feb 1956———

70

108

91M

Hudson Coal 1st 5s 1962 A—J&D

52 Ji

J&J

Gair (Robt) incon e notes

106

50 X

Lines 6s "52
Frick (H O) Coke 5s to 1944-J&J

27

90 M
90

Houston Oil ''o of Texas—

52

Nat Mail 8S

French

25

_

40

26 %

Sf 6s stamped

Franklin Deb Corp 4-6s
Fraser Co 6s Jan 1 1950

-

103 M

4% notes 1947—-——--M&S
Finland Residential Mtge Bank—

110

J&J

Haytian Corp inc 8s Oct 1938
Hearst Publica 6 Ji« to 1947 M&N
Healey Petroleum deb 5s 1948 J&J
Helvetia foal Aiiu 1st 5s'6h-A&0
Heywood-Wakefield 5s 1946 J&D
Hightstown Hug «Ms v w 1^44
Hill Mfg Co ext 6s 1945
M&N
Hines Land it Timber 6s '48
,\&J
Hoberg Paper Mills 5s 1946 -J&J
Hoe (R) & Co 5-7s 1944 ws
A&G
4M-6Ms 1st mtge 1944-—A&O
Holland-Amer Line 6s "47.-M&N x
Holly Sugar Corp—
1st 25is 1940
A&O
1st 3 Ms 1941
A&O
1st 3 Jis 1942
A&O
1st 4s 1947—
A&O
Home Serv Corp 6s 1957
A&O
Home Service (Portland. Ore)—
1st coll 3~5s 1950
A&O
Housing & Realty Improv—
(Berlin) 1st 7s 1946
M&NT/
.

107M

Bid

Lautaro Nitrate Co—

1st 6s s f 1946

12

107 X

Bonds

Ask

Hawley Pulp & Paper Co—

_

Falstaff Brew deb 6s

Bid

Bonds

bonds
lsaue

Nominal,

x

Quoted In guilders.

5

88

....

March, 1940]

INDUSTRIAL

&

MISCELLANEOUS

BONDS

83

NOTICE—All bond prices are "and Interest*' except where marked "f" and Income
and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Nat Container deb 5 Ms *52-A&O
Nat Dairy Prod 3 H4s w w'51 hi&N
Natl Debenture Corp 3~6s 1953—

1947856

Ask

97 M

Bonds

99

106 H
52 M

107M

M&S

105

97

Phillips Petr 3s

21M

/

5

107

109

1946—M&S / 26M
National Steel Corp—
1st coll M 3s 1965.
A&O
102
Serial notes M% 1940
100
A&O
1%
1941
A&O
100 M
1 X%
100 M
1942
.A&O
1943
A&O
100M
1944

A&O

101

A&O

101M

A&O
A&O
A&O

102

102 H
102 %

A&O

103M

28

Pitts Steel

J&D

102 H

100M

Port

102 M

103M

25 M
29

30""
85

80""

A&O

1st 6s ext 5M% 1942
M&N /
NYLE&W Dock & Impt—

1st mtge s f 68 1 946
J&D
6s stamped 1946
J&D
Partic deb 2d mtge 7s 1946 J&D

98
52 H
52

64M
69

85

90

29

Nivelle Corp 4s 1952
M&N
Nordberg Mfg Co 1st 6s 1943M&S

31

45 M
102
b

4.30

b
b

4.30
4.30

b

5.00

M&N
M&N
Refrigerator Line
Equip trust 4s ser I Jan 1 '41-'43
Equip tr 4s ser J 1940.46-J&D
Eq tr 3 Ms ser K 1940-48- A&O
Northern Elec & Nor Pap Mills—
1st 4« 1940-1947
M&N
1st mtge 5s to 1948
M&N
Debenture 6s 1943
M&N

3.75%
4.00%

99 H
94

Income 6 Ms 1953
M&S /
Nor Amer Refract 6 Ms 1944-J&J
/
North German Lloyd—

20-yr s f 6s 1947
New 6-4% 1947

3.75%
3.75%

/

36""

34
45

60

80
28M

30M

North Western

-

b
b

3.25

b

3.00

lst mtge s f 5 Ms ww 1945-F&A
5 Ms without warr 1945-F&A

perpetual
conv

s

f

97""

99

88

91

12.

stock

89

93

86 M
82

88

J&J fr 40
J&J r
83

3)48 1963

OceanSSCo (Savannah) 5s '43J&J
O'Connor Moffat deb 6s 1948F&A

82

O'Gara Coal 1st inc 5s 1955 M&S
f
Old Ben Coal Corp 6s (w s) 1948

10
32

Inc deb 7 Ms (w ■) Aug 1 1953.
f
Oregon-Am Lumber6s 1942-A&O f
Oregon Pulp & P 6s to '45--M&N
Oreg Terminals inc 5s 1945—A&O
Orono Pulp & Paper—
6s stamped 1943
J&J /
Osgood Co deb g 6s 1943
J&D
Oswego FallsCorp 4 Ms 1952-M&S

8

-

Without warrants
Otis Steel s f 4 Ms A 1962
J&J
Oxford Miami P+per 6s 1947.F&A

84""

95

13"

39
98M
19

42

22"

<

30
66
101

102

74 H

Pacific Atlantic SS 2-5s '43-M&N f
Pac Coist Cement 6s A 1942-J&D
Pacific Coast Co 5s 1946
J&D
Pacific Western Oil 3 M 1949.F&A
Pan-Amer Industrial 7s '37-M&S /
Pan Amer Petrol Co (of Calif)—
1st

9l""

98 X

Wire Co-

Nova Scotia S & O 5s 1959—J&J
1st

2.00%
2.75%
2.50%
99

Northern Redwood Lumber—
6s 1937
J&D f
N'west Pub's Deb 434* 1948-J&J

6s

2.65

75 H

91M
85
82

83""

59

60 M

99

100

IX

—-

f 6s 1940

J&D15 /
35
Certificates of deposit
f 35
Pan Amer Petroleum & Transpt—
7-yr div notes 3M« 1943—J&D
95M
7-yr div notes 3 Ms 1944--J&D
96
Panhandle Eastern Pipe Line—
1st mtge & lien 4s 1952
M&S
103 H
Paramount Famous Lasky 6s 1947 f 115
Paramount Publix 5Ms 1950
/ 115
Paramount Pictures 3 Ms '47.M&S
85M
Parmeiee Transportation Uo8 f conv deb 68 1944-.
.A&O
42 M
Paton Mfg Ltd 1st 4 Ms '56.M&S
78
Pea body Coal Co (Consol Co)
1st s f 5s 1953 ser A..
..M&N
95 M
Peerless Cement 1st 5s 1948- J&J
97
conv s

mm

mm

—

*»

103 X

8514

Penman's Ltd 1st

5M8 '51—M&N

Penn Amer Coal 6s 1941-56--J&J
Penn Dairies 1st s f 6s 1949—J&J
Penn Mercantile Properties—
Secured s f 3-4s 1961
J&J
Pennsylvania-Dixie Cement Corp
1st m s f 6s 1941 ser A.M&S15

r

48

95 M

1st

s

f 4Ms 1960

J&D

106M

10O

1946

100X

100

97M

3.50%
4.00%

4.50

/ 31M
/ 300
72M
24M
r
99 M
101M

102
Silesian-Am

2M

Corp 7s 1941.

3M

103 M
98

Simpsons Ltd—
1st & coll 4 Ms A 1951
Skelly Oil deb 4s 19*1

105
99

98

25""
102"

81
*

.T&J

99 M

/
f

57 M
57 M

78
78

96

98

Smith

100M

(Howard) Paper Mills Ltd
80

88

54

Socony-Vacuum Oil Co—

52 M

3s debentures 1964
South Coast Corp—

85

52 M
50

54

1st gtd

83""

81
97

M&N

.

82

Sou

_

64""

liheinelbe Union 7s 1946
3 M8 assented 1946

100M
101

101M
102
102 M
102 M

77

99M
98
108

Rhine-Main-I >anube 7s '50 M&S
Rhode Island Ice 5« w-s *51—F&A

19

Richardson & Boynton Co—
Cum income 4s 1915
J&J /
Richfield Oil of California—

Conv t, f 4s 1952
M&S
Richmond Cedar Works 6s 1953.
Richmond Hos Mills 5s 1948-F&A
Richmond (Va) Tee Co—
1st & ref 5-6 Ms 1947
A&O

100 M
99 M

111

106 H

12

102
45

19"

17 M
80

82

1M

2

21

29

35

99"

73 M

54

f

105M
7
83

F&A /

6% notes 1937
Sayre & Fisher Brick 6s 1947.J&J /
Schoenstadt (H) & Son 6s 1950
Schulco Co 6Ms 1946
J&J /

Stamped (July 1933

coup on)
f 6 Ms 1946 ser B..A&0

/
/
/

14
13M
12
11M
79 M

28M
28 M
43 M
43M

105M
105M
103
104 M
105 M
105 H
10 5H

99M

22M

43

Stinnes (Hugo) Corp—
2d stamped 1946

A&O

20

26

Stinnes (Hugo) Industries—
2d stamped 1940
J&J
Strange (John) Paper 6s *44--J&J

35

37

....

96

Strawbridge & Clothier—
s

f 5s

Struthers

M&S

1948

102 M

103 m

Wells Titusville—

1st mtge s f 5Ms w w 1949. A&O
Studebaker Corp 6s 1945
J&J

83

1951

84

108M

A&O f

F&A

m

110

1

3
70

••

15

16M

26

31

Superior Elevator & Forwading—
M&N /

20 M
60

105M

74

50
106 M
104 M

106M
105 m

90 M

92

98
M&S r
Ticonderoga Pulp & Paper 6s 1940
97
Tide Water Assoc Oil 3M* '62J&J
105M
Tietz (Leonard) 7Msx-w '46-J&J /
16
Tilden Lumb & Mills 6 Ms'46M&S f
Tivoli Brewing conv 5s 1947 J&D
7.9"

102

s

fA Ms ser A 1961

A&O

Trask Timber 1st 3s 1944
J&D
Uchi Gold Mines 1st 6s 1941 J&D

99

106
40

10

75M
84
r

93

95"

Ulen & Co—

Conv 6s 4th stamp 1950--F&A
Unified Deben Corp 5s 1955-.

8
48

8M
50

10

Union Oil Co of California—
6s May 1 1942 ser A
F&A

111M

112»«

87

3s debentures 1959F&A
>
101M
Union Rock 1st 6s s f 1947—M&S /
16
Union Term Coal Stor 6s *39-F&A
100
United Amusement Corp—
lstsf 5s ser A1956
80
—F&A

101m

(Germany)—
M&N /
_J&J /

57 %

107 M

99 M

Tomahawk Kraft Paper—
1st 5s (with stk) 19ol

Corp—
20

30

F&A

Term Warehouse 2d 5s '42—J&J
Texas Corp deb 3 Ms 1951—J&D
A&O
3% debentures 1959
Thermoid Co 5s w w 1951
J&D
Three Rivers Grain & Elevator—

6

J&D /

20

{ I7...

Stillwater Worsted Mills—
Deb 5 Ms A1943

1st

14
96

•

44 M

Dairy Products—

Sink fund deb 5s
1938
J&D /
4
Swift & Co 3Ms 1950
105
M&N
J&D
Taggart Bros Co 6s 1944
100
Taylor-Warton Iron & Steel—
Coll Inc 7 Ms July 1 1958.-A&O f
72
Tenn Coal & RR 5s 1951.-J&J
128M
Tenn Prod 1st 6 Ms 1938
&J / 73
Term Refrig & Warehouse Corp—
4Msl948
A&O
100

95

105M
103 M
13M
13 M

Rky Mt & P 5s *55 stpd J&J

43

A&O

100M

Susquehanna Silk Mills—

103

—A&O

Southern United Ice Co—
1st 4s w s 1950

6s Jan 1 1951

8M

Roman Catholic Church 6Ms 1946
Rom Cath Church Welfare 7s 1946
Ruhr Chemical 6s 1948
A&O
Ruhr Housing 6Ms 1958...
J&J
Sahara Coal inc deb 5s '40.M&N
St Louis Amuse't 1st 6s '45-A&0
St Louis Car Co—
1st extd 68 stamped 1945-M&N

63

99 X

1 st 78 1942 ctfs of
dep
M&S f
Sugar Pine Lumber Co—
1st M serial 6s 1940-1942-M&S /
Summerfield Hecht—

4

87

A&O

11

Kraft Corp—
1st leasehold 4 Ms 1946—.J&D
Southern New England Ice—
1st s f 4 Ms 1967
A&O

Stutz Motor Car 7 Ms 1937-_
Sugar Estates of Oriente—-

48 M

Roiis Kovee of Amer 7s 1937 M&S

Stamped.

94 %
95 M
108M
78M

35

100

1st extl s f 7s 1945.
Gen & ref 6 Ms 1951

94

Improvement 1st 5s '41- /

Extended 3-5s

106
45

I 5s 1946-M&N
Rocky Mtn Fuel 5s 1943
..A&O
Rolland Pap 1st 4 Ms A '51-M&N

s

101

2

Roch & Pitts C &

Guar

101H

5

100 M
40

Pub Wks

28

16M

Richmond Radiator 5s 1948 M&N
Rima Steel Corp 1st s f 7s 55 F&A
RIordon Pulp & Paper Ltd—
1st 6s June 30 1942—.J&D30
River Raisin Pap 1st 6s '45—F&A
Roberts & Oake (Chi) 6s'44.M&N

1st Msf 6s 1947

80

1st

28

Coke

80

A&O

ice & Util conv 6s 1946. F&A

Starrett Corporation—
Secured cum inc 3-5s Apr 1950- / 21.M
Co of Can 6s 1940
J&J r 111
Stern Brothers 6s s f 1947
J&D
83
Stevens & Thompson Paper—
3 Ms extended to 1958
/ 38

74 M

J&J

Mss 1940-1948

80

Steei

61

94 M
95 M
107M

103

Spalding (A G) & Bros 5s '89M&N / 57
Staley (A E) 1st mtge 4s '46-F&A
107
Standard Ice 1st 6s 1947—
F&A /
6M
Standard Oil Co (N J)—
Debenture 3s 1961
J&D
105M
15-yr 2%s deb 1953——J&J
104M
Serial notes 1M% 1943
J&J
102M
104
2% 1944
J&J
2 M% 1945
104 M
J&J
2M% 1946
J&J
104 M
2M% 1947
J&J
105M
Stand Textile Prod 6 Ms '42 M&S f
23
Stanley Co (Camden) 6s '40 J&D
99
Stanley Crandail 6s 1946.-F&A
99
Stanly-Rowl-Clark 6s 1946--F&A
98

102 M

100 H

101M
100 M

89

101

75

Conv income 5s 1944

102 M
103 M
25

104K

87

75

Southwestern Devel 4s 1943-J&J
S'west Lumb Mills 5s 1955. -M&N f

Serial notes—
—

104M

J&D

Southwest

104M

40M

to 102

J&D

1st gtd

95

Quincy Market Cold Storage &
Warehouse 1st 5M8 1946.M&N
100M
Radio-Keith-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 65% paid—
Debentur? gold 6s 1941--J&D /
50 M
68 stamped 1941
J&D
50
Midwest dorp ref 6s 1940-M&N
93
Railway Express Agency Inc—
M-l % June 1 & Dec 1 1940
M-l X % June 1 & Dec 1 '41
1 M-l M % June 1 & Dec 1 '42
1 M-l X % June 1 & Dec 1 '43
1 M-2% June 1 & Dec 1 1944.
2-2 M % June 1 & Dec 1 19452 M-2 X % June 1 & Dec 1 '46
2 M-2 M % June 1 & Dec 1 *47
2M-2M% June 1& Dec 1 '48
Railway Wmouse 4-6s (w-«) *47Realty Bond & Mtge deb 3-6s '53
Reliance Grain Ltd 4M81952-J&J
Remington Rand Inc—
20-yr deb 4V^» w w 1956—M&S
4M8 without warr'ts 1950 M&S
Republic Steel Corp—
Gen mtge 4Msser B 1961.F&A
Gen mtge 4 Ms ser O 1956 M&N
Purchase money 5M* *54.M&N
Restigouche Paper Ltd 6s '48F&A
Revere Copper & Brass—
1st mtge 4Ms s f 1956
J&J
Reynolds Met deb 3 Ms *51—J&D
Rheem Mfg conv 5s 1948
A&O

7s 1940--.
6Ms 1940

100M
/2

J&J

Southern Ice Co—
1st & ref 5-8s 1942

98 %
84

104 M

b

Gen mtge inc 6s April 1950
Southern Advance Bag & Paper—
lstsf 6s 1947
J&D
Southern Brighton Mills—

89

13

Roman Catholic Bishop
(Portland Me) 4s 1958
3-3

Deb 2% to4M% to 1946—
mith & Wesson 5 Ms 1948—

50 M
55

82

1st* f5«1953.

..

50

A&O

-

St Paul Un Stk Yds 5s 1946. A&O
Saltex Looms Inc 6s 1954
A&O

52

4.00
93

103

Southern

96 X

loo"

95M
93 X

SiemenS'W Halske—

Southern

__

Pennsylvania Glass Sand Corp—

)b

Shuron7Optical 6s 1951.

106 X

99

Saratoga Victory Mills—
6Ms with warrants 1943—.J&J

•

95M

90M

l6

106M

5M® 1947--M&N
Purity Bakeries 5s 1948
J&J
3u*ker City Cold Storage—

4axon

J

3

99

3t L

95

93

J

69

Shippers Car Line—

1
110

M&S

43 M
80

107

1954

f 6s 1947

...M&S

Produce Term & Cold Storage—
1st' Income 6a 1958—
J&D
Protestant Church of Germany

R Louis Gas &

-

debs

s

82

1

'40-M&S
M&S

1st

.

103M

North American Car—

Equip trust 4M« Aug 1 '40-'46.
Equip trust 4 Ms Nov 25 '40-'43
Equipt tr 4Mb 1940-47 J&D16
Equip trust 5 Ms Sept 1 '40-'44
North American Cement Corp—

2 Ms

103 M
86 M

85M
67 M
103 M

Sheridan-Wyoming Coal Co—

19M

M&S
M&S

Prov Paper T td

90 H
90 M

88 %
88

J&J

1941

deb 4s 1957
1st 3s 1940
1st 3Ms 1941-1943
conv

7s

tNew York World's Fair 1939—

Northwestern Barb

Potomac Md Deb Corp 3-6s 1953
Potomac Realty Atl Deb Corp—

1st 6s 1957

Extended at 5% to 1943—J&J
/
60
N Y Shipbuilding 1st 5s '46.M&N
100
New York Trap Rock Corp—

1943.

5s to 1941
M&S
Potomac Bond Corp 2-5s 1953—
Potomac Cons Deb Corp 3-6s '53.
Potomac Deb Corp 3-6s 1953
Potomac Franklin Deb 3-6s 1953.

Pressed Steel Car Co 5s *51—J&J
Price Bros & Co Ltd—

95

109^

108M

«

1st conv 3-6s 1951
Ai
Securities Accept Corp 5> *46 Ji
S.ie'l Union Oil Corp—

10

Collieries

Potrero Bug 7s stmp 1947—M&N
Pratt Cons Coal 1st s f 5s *55 J&J

50 M
50

1945

Royal Pulp & Paper—

2d

Conv 5% notes 1947
NYLE& WO&RR—

Mfg Co 5M8

Ask

96 M

102 M

112

18M
2M

M&N /

Consnl

3-6a 1953

Newport Industries—

warr

1st ref 5s 1936
Pocahontas

6s stamped 1942

2-5s series B 1954
J&J
98
Nekoosa-Edwards Pap 6s'43_J&J
101M
New Eng Laundries 5s 1956.J&J
75
New Niquero Sag 3 Ms'40-'42-J&J
f 26
Subord notes 5s 1947
J&J
N Y Dock Co 'st g 4p 1951.P&A

F&A

.

1st gold 5s 1957
J&J
Poor & Co s f deb 4s 1946—A&O
Portld Woolen Mills 6 Ms*41 M&N
Porto Rican Amer Tobacco—
Conv 6s 1942
J&J

.

Gen &..coll s f 6M8 1940-— A&O /
Coll trsf 6Ms 1943
A&O /
Natl Tool conv deb 6s w w '42F&A
Nat Union Mtge 3-6s A '54—J&J

f bg 1 948.

s

Bid

>/

Pitts Term W'house & Transfer—

National Supply—
1st M 3 Ms 1954
National Terminals Corp—

6Hs

111M
103 X

Pickering Lumber 6s A '46. M&N /
Pierce Butler & Pierce 6 Ms '42.
/
Pine Hill Collieries 1st 6s '42 A&O
/
pittsfi Brewing fis Feb 4 '49.
I&J
Pittsburgh Coal deb 6s *49
F&A
Pittsburgh Coke & Iron Co—
lot mtge conv 4 Ms 1952—M&S
Pitts Crucible Steel 5s to '45.M&S

47 M

J&D

Scoviil

111M
12M
3%

Phoenix Silk Mfg 7s 1943-—F&A
f

Cum income deb 5s

Deb 6 Ms A with

conv deb '48.M&S
1 st s f 6s I 946.M&N

-

See Investing Companies
Nat Oil Prod deb 4s 1952
National Radiator Corp—

Deb 4s

Phoenix Iron

Bond?

36
111

100

75

Nat Ice & Cold Storage (Calif)
1st s f ext 3Ms-6s 1952
J&D
National Industrial Loan—

"

J&D

105M

20M

Ask

I

-.M&S f

Phila & Read O & I 5s 1973.-J&J
11X
Conv deb 6s 1949
-_M&8 f
3M
Phillips Elec Works 5s 1953.F&a r 100

National Fire Proofing-Co—
1st M conv 5Ms A 1946.M&N
Cum conv inc 5s 1952
M&N /
Natl Grocers Ltd 4s 1947—A&O

Bid

^helps Dodge 3 Ms 1952

N»tion:il Distillers Products—

Conv 3 Ms debs 1949

Fettibone Mutliken—
68 w w 1943

16
.

—

—

»

13

United Biscuit deb 5s 1950--A&O

17M

82

107 H

______

29M
29M
45

* Called April 1 at 102M.
t Called at 100.
$ Quotation on $89.50 of principal amount;
5%
/ This price includes accrued interest,
k Last sale,
n Nominal,
r Canadian funds,
s Sale price.
.




was

paid

on

July 2 and 5M %

Sept. 25.

6 Basis#

MISCELLANEOUS BONDS

INDUSTRIAL &

84

All bond prices are "and Interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE

United Cigar-Whelan Stores—
8 f 6s Oct 1 1962
—-A&O
^

r

United Corps Ltd inc 5s 1953 F&A
United Elec Goal Cos inc 7s 1948United Drugs 6s 1953
United Grain Growers
5s series

1948.

A

5 %s series B 1949
United Merch & Mfrs 6«
United Industrial 1st 6s

mm

95

m

-

98%
99

98

-MAN f

20

45-J&J

Corp—

_a

99%

Conv

92

U 8 Steel Oorp 3 %s debs '48 J&D
United Steel Works (Germany)—

J&D

23%
14%
23%
14%
23%
14%

1951

-_

3%s assented A 1951—---1951
—J&D
3%s assented O 1951
6%s series A 1947
J&J
334s assented A 1947.
United Stockyards Oorp—
15-yr coll tr 4%s A ww 51 A&O
United Wall Paper Fac 6s 1947-Universal Sewer Pipe 6s 1943.J&J
Utah Ice & Storage (Golo)—
6 %s series O

Utilities Elkhorn Goal 6s

Vicana Sugar Co 6s
Victor Amer Fuel 6s

101%

7%

101
47

57

99%
112%

'§65

2,000
1,500

3,500
1,900

76

Boston Stock Exch.

139

58%

348

99%

Chicago Stock Exch
Cleveland Stk ExcL
Detroit Stock Exch
Ft Worth Gr & Cot

66

350

Kan City (Bd of Tr)

213
75

3,700

115

20

Los Ang Stock

Exch
Stk.

161

Minn Ch of Comm.

523

100
«80

New Orl Cotton Ex

500

25

New Orl

Stock Ex.

Phila Stock Exch..

70
200

Exch.

100

450

St Louis Exchange.

43
43
69
30

500

Minn-St P Stk Ex.

18

99%
75%

74%

Pittsb

Stock

Salt Lake Stock Ex.
San Fran Stock Ex.

M&S

5%s 1943--

Seattle Stock Exch 1

83

'38-A&0

Seattle Curb & M.

Witherbee Sherman Inc—

99

J&D

6%s w w 1944

k Last sale,

500

375

650

3",500

4",666
"155

6",665

700
450

i",665

400

"255

200

J

Toronto Stock Exch
Washington Stk Ex

113
40

20,000

101

Winnipeg Gr Exch.

463

4,000

r

1,750
3,500

16,500

68

Private,

n

550

500

1,400

Montreal Stock Ex.

106

99

60

Milw Grain &

Montreal Curb Ex.

17

105%

41

90

12

1952

n

3,250
1,850
525
1,500
2,250
650

150
1,000
1,000
6,000
18,000
950
100
700

12

85

200

Baltimore Stk Exch

102*32

J&J
M&S

f This price includes accrued interest,

b Basis,

"850

75

Assoc membersh.

Chicago Bd of Tr._ 1.549
Chic Merc Exch
473

Woodland Farm Dairy—

79
99

52,000
7,000
1,850

Lout Sole

Exch—1,375 $50,000
450 ~ 6,500
N Y Oof & Sug Ex.
344
1,850
N Y Curb Exch...
550
7,000
Commodity Exch..
907
850
NY Prod Exch
1,318
150

49"

102

Extend Income 6s 1903—-M&N

Vulcanite Portland Cement—

Called Mar. 15 at 101.

'£"

Winslow Bros & Smith—

45"

47,000
6,100
1,500

109

SEATS

N Y Cotton Exch..

99%

ser A 1955—J&J
debs3%s 1947-----A&O
Wilson (W P) inc 6%s 1945-M&N

Wise Lime & Cement 6s

42%

1st 7%s 1943
-—M&N
Wabasso Oot'n 3 %-4 %s *51 F&A

*

99

Oonv

92

Va Iron Coal & Coke 5s '49-M&S

4s

105%

No.

100

60

55

105%
108%

N Y Stock

88"

114

90

Voungstown Sheet & Tube—
1st M « f 4s ser o 1961
M&N
Conv 4s debs 1948
....M&S

95

83

108

94%
88%

6s 1943

EXCHANGE

82%

Wilson & Co 4s

39""

37

27

98%
98%

A&O
J&D

Debenture

103

...

2?*

1940—F&A
1953--J&J
VaJHardwood Lumber 6s *42-J&D

32

rF&A

A 1930

Wilbur-Suchard

1955—J&J

—J&J
Yates-Am Mach 3-6%s *44-A&O
York Ice Mach 6s 1947

93

r

4%s series A 1952-..
-J&J r 97
106
Woodward Iron 1st lien 5s '62J&J
2d conv inc 5s 1962_.Ann Apr "f 112
Woodward & Tier nan Print—

28"

24

Weyenberg Shoe Mfg—
Debenture 4%s 1945--.—J&D
Wheeling Steel Corp—
1st M s f 4%s ser A 1966--F&A
Whitaker Paper 7s 1942
M&N
White Sewing Machine—
Deb 6s 1940
M&N
Wickwire Spencer Steel—
7s certificates of deposit 1935—
Prior lien 7s certificates 1935.
ser

J&J

6s 1942

74

27

3

Secured 6s 1945

12%
80%

Victor Fuel 1st s f g 5s

88

Bros Co—
s f deb 6s 1941----M&S

5-year 7s
90

*46--J&J

87
73
49

5%s notes 1937
M&S
Warren (S D) Co—
1st mtge s f 4%s 1952M&N
Conv deb 4 Mb1952
M&N
Watab Paper 1st 6%s 1942--J&J
Webster C&O 1st g 5s '42 op M&S
West Boylston Mfg 7s 1942--J&J
West Indies Sugar 6s 1947--A&O

Conv deb 6s 1944

92

104%

74

Vertientes-Camaguey Sugar—
1st coll conv 5s 1951
A&O
Vertientes Sugar 1st 7s 1942—
Certificates of deposit
Viau Biscuit Oorp 6 %s

20

88

Van Gamp's Inc 1st 6s 1943.-J&J
Van Dorn Iron Wks 7s June 1 1942

—.-M&S

Pulp & Paper Co—
1st mtge 3s 1954
J&D
Western Dairies Prod 6%s '41 J&D
Western Grain Co 6s 1949—J&J
Western Newspaper Union—

67%

101%

79%
67%

West Va Pgh Coal 6s 1947

95

Vanadium Oorp of America—
Conv deb 5s 1941
A&O

75%
66%

West Va

62

1948 .T&J /

1947.-M&N

Valvoline Oil ext 5s

56

105%

29

J&D

1954

4-5s

91%
103%

41

Ask

Bid

Mfg Go Ltd—

3 %s series A. 1942-1945—J&J r
4s series A 1946-1947
J&J r

105%

104

A&O

20-yr 1st mtge 4s 1955

Warren

.

105%

J&D

1955-A&0

f deb

s

Woods

1st 3s to 1941

(Hiram)-G & W—
4%s 1945

Deb

Waltham W'tch & Cl'k 6s '43 J&D
Walton Lumber 1st 6 %s '41 Q-Jan

Warner Co 1st 6s 1944
A&O
Warner-Quinlan Go 6s 1939-M&S
Warner Sugar Corp 7s 1939.J&J

30
25

19

54%

6 Ms series A

Walker

Bonds

Ask

Warner Bros Pictures—

100
7

1950..A&O

f 5s 1946

56

6s debentures 1948

105%

s

99%
100

F&A

deb

-

100

1949--F&A
Finishing 5s 1944
-J&J

conv

—

80%

r

1st sink fund ser B

U S Radiator

mm

r

U 8 Gold Storage (Kan Oltv)— 4
1st sink fund 6s ser A 1946.F&A
U S

66%

96

1946 J&D
1945-J&D f
-

Bid

Walworth Co 6s

M&N

Deb 6 %s 1941
- U 8 Gold Storage(Chg)6s

U S Print & Litho 6s

65

80

M&S15
Ltd—.
-J&J

Bonds
Walker Coal & Ice 8s 1940—M&S

Ask

Bid

Bonds

Canadian price,

350

s Sale

price,

4.505

x Ex-interest.

yJSO seats, 70 members.

preceding the date of issue.

Quotations are for the last day of the month

Bid.

Bonds

Burlington 5s
4%sChicago 4%s
Lu 5s——
5%s-_-

16

14

16

2%
2%
2%

—

4%s

3%
3%
3%

79

...

...r

5%s
Montgomery 3 %8—...
York 6s...

_

North Carolina l%s

First Trust of Chicago—

Oregon-Washington 5a
Pacific Coast of Portland 5s
Phoenix 4%s

100

4%s
4%s

100

99%

First of New Orleans 5s...

69

69

San Antonio 3s

Iowa of Sioux City 4%s...

m mm m m mm

/
/

m

m

Minnesota 5s

99

Southern

98%

Union of Detroit 2%s....

-

-

-

-

Ask.

99%
99%

Virginian 2s
Virginia Carolina 1 %s

83
83

79

83

Par

STOCKS

46

50

100

150

160

Denver

...100

45

Des Moines

.—100
---100
.—100

56

Atlantic

99

100%

Dallas

99%
41

100

First Carolinas

104

Freemont

103

105

Lincoln.....

21

23

New York

21

23

North

-

—

_

—

.......

100

...........

...»

66

8

1%
3%

3
•

6

2

6

Carolina

100

90

100

Pennsylvania..

.-.-100

31

36

100

105

115

100

95

83

80

Potomac

12

14

San Antonio

99

—

.

100
102

-

90

80

Atlanta

99

/
....

Bid

Stocks.

■

,

79

100

—

Southwest 58

69
Illinois Midwest 5s

/

5s

St Louis 4%s
53

100

—

—

—

99%

First Texas of Houston 5s.
Fletcher 3%s
Fremont 4%s
5s

4%s

..............—-—...—

New

100

First Carolinas 5s

5s

99%

r

Lincoln

Ask.

100

Lafayette 5s

100

Denver 3s

Bid.

Bonds.

Ask.

14

—

5

Virginia
V irginia-Carolina

--------

2%

100

100

Par

Bid

105

2%
106

/ Flat price.

Investing Companies Stocks and Bonds
Concluded from page 72

Stocks and Bonds

Par

Per
Seaboard Finance Corp
$2 cum pref ww

1
♦
*
100

preferred
Second Carey Trust
$2

cum

Stocks and Bonds

Ask

Bid

22

45

50

26

30

Securities Co of New York

Consolidated 4s

...

S®curities Corp General com—*
Securities Invest com..
*
Preferred

Selected Amer Shares Inc

-

100
2%

Selected Income Shares
1
Selected Industries com
»
$5.50 prior stock
.......25
Convertible stock

5

Allotment certificates.

Shawmut Association

♦

%

%
36

101
8.79

9".58

Mar 1 1942
1 1952...

March

5a

M&S
M&S

Spanish & Gen Oorp Ltd—
Am dep rets ord reg
£1
Amer dep rets ord bearer...£1

♦

1
9

Supervised Shares
Talcott (James) com

Am dep rets

12

deferred

91
83
.65

Tri-Continsntal Oorp—.—
6% cum preferred...—

Jan,, 15

18.43
3.67

Io||
72%

II""
.43
75

3.82
9.83

5%

—

•

e Ex-coupons.

5%
2%

78%
%
107
.57

2.49

1

2.44

5.41

—

B

3%
96%

Unit** N Y Bank Shares C3—♦
Trust ctfs series B

ctf A—

...

Voting shares..
U S &

—25c

Foreign Securities com..*

$6 1st preferred
♦
U. S. & International Sec.—.*

pref with warrants...—*
10c
$5.50 priority stock
1
Utility & Industrial Oorp
6
1st

14

1%
5%
2%
%
.63

.85

.95

1.30

1.40

/ Flat price,

2.59
2.54

18
m

$

.97
6

81
66%

Util Equities Corp com

Convertible

83

108

Ask
share

4.97

Unio 11 nvestment common...._ *
O
deb 5s 1946
M&S

U 8 Elec Light & Pow tr

10.68

59

"8

♦Series

1

A.l
1

United Insurance Trust Shs

3.64
2.54

3i*

—£1

♦Trustee Stand Invest ser O
♦Class D_
♦Trustee Standard Oil shares

56

conv

♦ No par value,

share

35

deb 1953
J&J
Trusteed Amer Bank Shares B 25c
Trusteed Industry Shares..—25c
Trustee N Y Bank Shares
1
5b

3.57

Per

*

Warrants

.72

15.51

Stocks and Bonds

Ask

50

Tobacco Securities Trust Ltd-—
Am dep rets ordinary
£1

Quotations not furnished by sponsor or issuer.




2

..1
—2

Transamerica Oorp——.......2

Sovereign Invest. Inc., com..10c

-

A

Tobacco & Allied Stocks Inc

Shawmut Bank Inv Trust—

4%»

Super Corp rf Amer class
Class AA__

5%% partic preferred

^

4%
53%
11%

Ipencer Trask Fund Inc
*
Standard Amer Trust Shares
1
Handard Investing Corp com..*
$6.50 preferred ww
*
Standard Utilities Inc
50c
♦State St Investment Corp
»

Class B

4.29

53

Bid
Per

share

5%
25%
25%

4

22

Par

preferred———7
1

14.12

F&A

101%

Wellington Fund
Western Reserve Investing—•

5%s 1944
Wisconsin Banks hares
Deb

k Last sale,

54

n Nominal,

♦

5

x Ex-dividend.

6%

Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue

Stocks

Par

Stocks

Ask

Bid
Per

Northern Mills
23

*

68

Apponaug Co..
*
Arlington Mills..100

5

7

25

27

Preferred.

Atlantic Rayon. — .1
Bates Mfg
100
Beacon Mfg—

100

Preferred.
Beaunit Mills

10

5

254

454
13

Spinning Co
*
6% preferred-__.*

5

554

Mills class A
5
Preferred... .10
Bourne Mills
—*

Bradley Knitting—
1st preferred-.100
Brighton Mills—
Preferred...
100
Cabot Mfg
100
Cleve Worsted Mill
*

Common

—*
Alpaca....100

Draper Corp

Franklin Process..*
Fruit of the Loom
units

Cotton

*

Globe Knitting—254
Goodall Worsted.50
Gosnold M (N B)..*
Preferred
100
Prior

preferred.25

Hartford Rayon vtcl

Hathaway Mfg.. 100
Kendall Co com

♦

Units

6

754

26 X

1154
74
3 54
33 X

100
*

4X

9X
X
7X

Gainesville Cot Mills

25

Glenwood Mills. 100
Gossett Mills....
Granteville Co
20

15

~9X
9454

109"
-

-

-

1154
55

9

11

52
17

55
20

110

115

Hamrick Mills.

2X
46X
7

2nd preferred —1

6X

J*
I*
32
8

Naumkeag Steam
26

28

Rayon class A..25
N J Worsted pf—100
Newmarket Mfg
*

8X

47"

45

B—

6% prior pref._50
Pacific Mills
•

Patchogue Plymouth
Mills com
1
Pepperell Mfg
100
Pierce Mfg
100
Pilgrim Mills
100
ich Borden
Suissett
Mills—100
Mfg—

25X

••

.

....

«.

90

21

25
8

Black Hawk

28

Bulolo

Consol

41

12

14

16

18

Butte Copper &
Zinc Co.

26

30

Butte &

Callahan

13

ing, Ltd
& Sull'n M &

Common

13

20

Preferred

Sagamore Mfg
(F R)
-100
Banford Mills.
*
Skenandoa Rayon.*
5 % preferred. _ 100
Boule Mill (N B).100
Tubize Chatillon__l

1

A

7 % preferred.
United Elastic

100

.

*

Knitting.1100

preferred—100

3)4

1354

15

1554

24

26

32

35

6

82

86

38

J*

89

93

7

M—100
Wayne Knit Mills.5
Wamsutta

Chief Consol Mln.-l
Chile Copper
.25

100

45

Cons Min & Smelt .5

37

41

Copper Canyon. 10c
Copper Range
•
Cornucopia Gold.6c

26

31

26

30

51

55

Bleachery &
Dye Works com 10
100

Limestone Cot Mills
Mills.....

121

4

$4 preferred

pref.. 100

Amer Enka__
*
Amer Yarn & Proc—
Mills

Preferred
Arcade Cotton

118

125

2 54

254

41 H

43 X

70

73

Mills

100

62

*

45

100

25

Avondale Mills.—.1
Beaumont Mfg—..

7% preferred...—
Belton Mills (SO) .25
Preferred..

47

105

100

Goldfleld Consol
Mines

Granby Cons M 8 &

Newberry C M..100

62

67

Norris Cot Mills

50

93"
4

65

79
100
65
103

26H

28

26

~2~~

3

50

60

55

61

Copper Co.

...

Copper

25 X

254
43 X

2X
44 X

8c

13c

42

m
U X

6X
11X

Real Estate

13 X

654
27 X

Copper.*

"ix

20c

40c

31X

Kildun Mining.—.1

15c

E*
25c

King David Min.50c

10c

25c

Klrkland LakeGold 1

1

IX

20

20 X
95c

Lava Cap Gold Mini
Louisiana L'd A Ex 1

85c
36 54

37

41X
10X

41X

w

76

81

Sterling Spinning--

19
49

52

Canada
*
Mother Load Ooall'n
Mines common, lc

Stowe Spinning

51

53

120

■M
80

85'
15

5X

Guar

&

4c

and Mines com.. *
New Jersey Zinc. .25

IX

Noranda Mines

B Stove..

35c

...»

Lab'tories.*

4 X % conv pfd 100
Abbotts' Dairy.
*
Abereromb

e

68 X

136
18

& Fitch

1

7

75

65

....

$6 preferred

6X

Mfg.. 100

55
1

6% preferred .100
7% preferred—100

9X
20

Abraham & Straus.*
Acme Steel.
2*
Acme Wire
10

41X
46

19X

Adams (J D) Mfg—*
Adams Millis.
*
Adams Oil & Gas.*

10

21X
3X

Addressograph Multigraph Corp
10
Advance Aluminum

1754

Castings com...5
Advance Bag & Pap
6% preferred. .100
8 % preferred. .100
Advance Kuinely..*

55

2X

90

2X

Aeolian Co—

6% preferred A.50
Aero
Aero

10

Industries
1

Supply Mfg-

Class
Class B

11c

454

3X

20

21
5X

Aeronautical Corp.l

554

Warrants

5

1

13 X

62

73 X

7454

Preferred
100
Aetna Stand Engine*

3

23

23 54

Agfa Ansco (Del)..1

25

1

IX

Agnew-Surpass Shoe
Common
*
Preferred .....100

110

58

60c

5c

1

Aetna Ball Bear

154
62 54

57 X
56c

*

2.50

Ohio Copper of
Utah

9

170"

Trust

Technical Inst

4

46

11

IX

Mt City Copper—5c
National Tunnel

North Butte

13*

INDUSTRIAL AND
MISCELLANEOUS

8

Lake Shore Mines. 1

8

(DC) 100

of New York

6X

7

6X
26 X
125 X
IX

17

99

Mortgage Guar.."
5
EmpireTitle &Gul()U

__

35

13 X

Magma Copper Col 0
Mclntyre Porcupines
Miami Copper
.5
Mining Corp of

1st M 6s Jan 1941

Bankers Bond &

Title

24 X

20

Nipissing Mines

95

5

15

99

118"

TITLE GUAR¬
ANTEE & SAFE
DEPOSIT STKS

1

102

Franklin

a

16c

IX

•

20

1

9%
35 X

Preferred
100
Abitibi i'ow & I'ap.*

15

90

IX
45c

23 X

2d 5% pref

7% preferred—100

City RET (C)__500
Congress St Associ¬
ates (Boston) .100
Factory Bldg Tr.100
Fifty Associates (B).
Hotel Tr (Boston) 100
Kijaball Bldg Tr 100

X

2354
654

Kennecott

.

32

& Smelting.....*
Idaho Md Mines.. 1

73

93"

38 X

2$

Aberfoyie

11

104

100

Boston Wharf

55 X

Illinois Zinc

19

T(Bos)_100

49 X

68

30
3

Bos R E

55

1st 7% pref... 100

26

Bd of Tr BldTr.100
Bos Gr'd R'T Tr 100

49

100

89

1/4
6

REAL ESTATE TR
& LAND STOCKS

12 X

common

Newmont Mining. 10
N Y 6c Honduras
Rosario
10

42

IX
30

*

Howe Sound Co...5
Hudson Bay Min

~8"

5

7A>

45c

White Knob Copper
Preferred
10

Common

6

Textiles Inc com..10
Class A pref...lOO

354

Home Title Tns (NY)

100

854

754

354
X,

3.25

120

100

38

4

Mining
25c
Hollinger Mines
5

Smyre (A M) Mfg 10
7% preferred.
Southern
Bleachery

com

Plate.....

Cent BldgTr
100
Chic RETrus's. 100

5

Hecla

Saxon Mills—....50

7% preferred 100
Southern Weaving.*

105^

7c

1

354

34 X
13c

Internatl

97*

10 X
3.00

Bos Stor w'h'se.lOO

Inspiration Cons

13 X

654
654
254

Washington Tin

Homestake Mines

61

1

Tonopah Mining..1
Union Copper Land
& Mining
...25
Utah Copper Co..10

Abbott

13

100

154
7X

Power common..5

Mining. .1
Island Greek Ooal.l
$6 preferred
1
Isle Royale Cop. .25
Jardlne Mining
1

100
Victor-Monagh'n 100
7 % preferred. 100
Victory Yam Mills—

354

1

1

Class B pref..
50
Union-Buffalo Mills
Common
10

6

40c

Greene Cananea

22"

Riverside & Dan Kiv

Southern Worsted—
1st mtge notes
Spartan Mills
100
Startex Mills
20

1254

3 X
30c

954

Oorpl 0 x

95

1754
754

Brandon Corp A.100
Class B__—-- *

Bibb Mfg..

Golden Cycle

68

Anderson Cotton

Appleton Co

70

52"

Process

12 54

35c

7 % preferred. .100

20

Preferred

Acme Spinning.....
Alabama Mills
*

96

2

60"

-

Columbia (D O)

Zinc, Inc
.1
Federal Mining &
Smelting new
2

Orr Cot Mills... 100

Standard

Tintic

13c
39

3/

Silver-Lead. 1

Mines

Eagle Plch Lead..10

49

Southern

22

11

50

Riverdale Mills—
7% preferred..100

20

2054

E vans-W allower

17

33c

50c

General Tin

Mills.. 100
Mooresville Cotton.

23c

10 54

60

34

3

5

1254

9cc

3854
654
654
254

King Coal—5

Utah Metal & Tun.l

X
2054

27

65

154

Shattuck Denn

Walker Mining

Gold Min & M..1
Dome Mines Ltd..*

54 54
91

32

Southern Mills

10

15

5X
%

25

See Indus. Stocks.

6 Print Wks—._ *

Abbeville Mills..—5

Joseph Lead

2954

X

X

Rowan Cotton Mills

16

654

Evans Wall Lead—

5.7

85

1454

IX
12

Wright Hargreaves
r

*

43

80
108

7%

Copper Corp

37

6% preferred.. 100

7 54

1

25

13

~3H

72"

10

Mohawk

Cotton Mills.. 100

IX
12 X

Roan Antelope Min
Ltd Amer shares.
St Anth Gold M
1

2954

Central Am Mines. 1
Central Eureka
1
Cerro de Pasco

11

8

IX

*
1

Pocahontas
Premier Gold M

43

1

35

Common

7

40

154
7H
X*

7

9

m

3654

54
154

10

Sup

12

25

854

Amer shs ctfs__10
Pioneer Gold Ltd-.l
Polaris Mining
25c

St

754

5

8

69

_

954
3554

2

.

65

654

C254

45

7% preferred
Pacolet Mfg
100
7% preferred.. 100
Perfection Spinning.
Pickens Mfg
Piedmont Mfg...20
Poe (F W) Mfg.. 100
RanloMfg
10
7 % preferred. 100

654

1

Mining-10c
Teck Hughes
1

Zinc-Lead
Co
1
Calumet & Heel a ..5

46

Musgrove Cotton

54

5X

1

Bunker Hill

35

Nat Yam Mills

2

5

Clear Creek Cons—
Common
.10c
Clemenceau Min 25c
Consol Copper... 6

Mill

n*

10

Tin

Stand

1

73

Mills

120

Dredg¬

5

Monarch

See Borden—

Roxboro Knitting—
Preferred
3
Saco Lowell Shops

Gold

100

Mock Judson Voe—

50

Consolidated.
Park-Utah Consol
Mines
Patino Mines &

Quincy

85"

&

95

35
79

26"

r

69

27 X
78

15

*

Preferred..
Judson Mills A pflOO
ITeferred B...100
King (J P> Mfg. .100

May Hos'y Mills 100

20"

60

Inman Mills

51H
14X

70"

11554

r

132
36

Carnegie Metals
4

28c

Pond Creek

80

r

Mines

37

116

50 X
13 X

18

5

45

11

Marlboro C Mills

4

Gold

24
40

83

24 X
24 X

Pacific

122"

3

Smelting
1
$5 prior conv pf 25
Anaconda Copper
Mining Co
.50
\ndes Copper M.20
Bagdad Copper

654

share

Consol

Mining.

99
116

r

Lead

39

114

23 54
23 54

Oriental

...

10

Zinc

36

Knit.5

Linford

25

Austin Silver Min--1

7% preferred.. 100

Majestic Mfg
Marion Mfg Co

2454

100

Mining

Hartsville Cot Mills.

Laurens C M

Nonquitt Mills
*
North Amer Rayon—
Com class A....*

10

57

65

STOCKS

Alaska Juneau

Lanett

New Bedford

60

Sunshine

28

25

....

4% preferred—.
$3 prior pref
Highland Pk Mfg 20
6% preferred-..
Imperial Yarn
Industrial Cotton
Mills pref

25c

Preferred B

"7"

5

r

_

Wabasso Cotton

MINING

13"

11

-

354

Cottons.

Preferred
100
Penmans Ltd com.*

Amer

20

.

Mining Com

Silver

Henrietta Mills—

6X

&

Preferred

Hanes (F H)

20

1054
50

Mills—

Grendel

lOO"

95

So Am Gold & Plat. 1

.

154

Montreal

....

105

7% preferred

22c

Oklahoma Interstate

17
Converters. 100 r
Can Cottons Ltd 100 r 109
Preferred
100 r 114
89
Domin Text Ltd...* r
Preferred
100 r&155

Preferred

.10

Florence Mills—100

Per
Old Dominion Oo.25

52

Can

100

11

29 X

7%
Utica

8

Bid

Par

Enterprise—

254
41

Dwight Mfg.--123^
Eagle Yarn........
Easley Cotton Mills
7% preferred
Eflrd Mfg
100
Erwin Cotton
20
6% preferred. .100
Fairforest Finish Co
Flint Mfg Co

76

154
7

41

20

16

38
110

9

154
85
8X

48

20

39

13

80

.20

34 X

X
6X

100

Utica

.

7% preferred.. 100
Fulton Bag & Cotton
Mills
*
Gaffney Mfg
-.50
Conv pref
10

100

100

.

Serial notes

13

17

100

109

45

Mtge 6s
Wiscassett Mills...
Woodside Cotton.20

55
86
51
19

46

D irl'irtoD Mfg(SC) 5

554
954

56

Preferred

Washington MlllslOO

Stocks

Ask
share

Canadian Mills

100
E).100
Crescent Spinning..
Dallas Mfg (Ala) 100

5

8

2)4

(Baltimore)

100

Mills. *
Preferred
100
West Point Mfg..20
Winget Yarn Mills

19

_

Common
Converse (D

254

14

Class

65

3

51

Com class

100

61

m

Mfg..100

Cotton

95

Spinning..50

7

Preferred..
100
Ml V-Woodb Mills

Preferred

75

7 % preferred- .100
Durham HosierySee Indus, stks

106

Nathawena M
Nashua M (N H)

69

Dunean Mills

Ludlow Mfg Assoc.*
Luther Mfg
100
Martel Mills—
Merrlmac

Chiquola Mfg....20
0% preferred
Clifton Mfg (SO) 100

5

90

Wallace Mfg Co
Ware Shoals Mfg 100
7 % preferred.. 100

Wellington

6

5

95

46

$6 partpref A—♦
Kllburn M (N B).75

-

2554
3954

93

4

8

Genera)

2354
3854

w

-

92

Drayton Mills.

Mfg Co com
*
Border City Mfg 100
Botany Worsted—

1854
-

89

44

(Richard)

Borden

Farr

if*

Bid

Par

Per

Columbus Mfg (Ga)

86

$154 conv pref.20
Berkshire Fine

44

China Grove Cot

Climax

Stocks

share

1854

Burlington Mills.. .1
Calhoun Mills....50
Callaway Mills....*
Cannon Mills.....*
Chadwick-Hoaldns
Co common
10
8% preferred.-100/

*

Ask

Bid
Per

TEXTILE
STOCKS

Amoskeag Co

Par

share

8c

Aetna Rubber

11X

5X

Aintworth Mfg
5
Air Associates
1
Aircraft Accessorlesl

1054
2X
754

Aircraft Precision..5

Air Devices Corp.-l

a
*

Purchaser also

Without par

pays

value.




accrued dividend.

/ Flat price.

k Last sale.

n

Nominal.

r

Canadian

price

t New stock.

x

Ex-dividend.

86

INDUSTRIAL

&

MISCELLANEOUS

STOCKS

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Stocks

Par

Per

1

Airplane Mfg & Sup 1
Air-Way Electric
Appliance

49

4%

Am Mach & Met-.*
Am Maize Prod—*

52

57

Preferred
100
AJberene Stone of Va

90

93

Vot trust ctfs
Alberta-Pacific

5

A

*
100

Grain class

Preferred.

Inst

Am Mfg Co com.

5% pref.

2%
30

4%

100
100

Steel Corp
Preferred

34

36

Amer Piano class A*

4

5

5

3

4

11%
79

Am Potash & Chem *

12%

22 A

22

111%
10%

10

AHentown Portland
Cement pref---10

8

Alles & Fisher

*

2

5

4c

Alliance Realty
Preferred
Allied Chem &

Products

Amer

81

100

Dye
*

Corp common
Allied Kid Co com.5
Allied Laboratories *
Allied Mills Inc

2%

174 %

*

Allied Paper Mills. 1
Allied Prod (Mich)—
Ol A conv
25
Common
10

12c
7

5

176%

*

7

Partic pref

*

Amer Pulley
Amer Radiator &

9

7% cum pref100
Am Republics com 10
Amer Rolling Mill 25
4%% conv pf 100
Am Safety Razor—

161

Common

American Screw. 100

W>

20

13 %

14

American Sealcone_5
Amer Seal-Kap
2

6*

8%

Amer

Seating

10

Amer

11

8

8%
67%

66

5% preferred--100
Allis-Ch aimers Mfg

Ship Build-_*
Am Smelt & Refg..*
7% preferred. .100
American

6%

Common

36%
10%

Alloy Cast Steel---*
Aloe (A S) Co
20

36A

14%
7

non-cum

pflOO

Amer Steamship. 100
Am Steel F'dries
*

92%

*

Stove

159%

160

6% preferred..100

115%

116

Alum Goods Mfg..*
Aluminum Indus--*

1714

18

Amer Television.-.1
Amer Thermos A
*

10 %

10 A

104 %
106

106%

6% preferred.. 100
Leather

106%

1

1%

6% conv pref--50
Amalg Sugar
1

15 %

16%

2%

Amerada Corp
*
Amer Agric Chem.*

54

2%
54%

19

20

37
111

40

A
17%

Amer Air Lines--.10

American Arch

*

Am Bakeries pref 100
Class A
__*

Class B

Bemberg com.*
100

-

-

Common

5% %

*

conv

pf.100

American Can

25
7 % preferred.. 100
American Canadian

5%
Amer

conv

16%
101%

17%

*

American Cigarette
6 Cigar Co
100
Preferred

100

7%

41%
133

115%
173

1

2
26

42%

43%

%
6

8

Vu
20%
108%
134 %
165

%

21%
112

137
190

117
11 J*

8%
55

12%
8%

20

com

6A

13

Class B

10

87%
35%
36%

6% preferred

10

12 A

Distilling pf 10

12%
2%

2d series
Amer Dist Teleg
7 % preferred

*
100

Co...

36%
12%
12%
2%

117%

40

2%

2%

2%

Am Fabrics, pref 100
Amer Felt common *
Preferred
100
Amer Forging and

7%

Socket com
*
Amer Fork & Hoe. *
Am Fruit Growers.*
Preferred
50

13

85

A
4%
%
3%

Am Furniture
1
Am Hair & Felt--.*

9%

11
82

5%
11%

.

3%
17%

6%
12%
1%
6

1%
3%

1st preferred-.100

71

73

2d

preferred-.100

30%

40%

Amer Hard Rubb_50

15%

8% preferred--100
Amer Hardware..25

22 A

Am-Hawaiian SS.10
Am Hide & Leath__l

31%
5%

24%
31%
5%

33

35

58%
2%
28%

59

50
.

1

*

0% non-cum pflOO
Amer Insulator
*

$1 50 prior pref. 10
Amer-La France &
Foamlte Corp.. 10
Warrants
Am Laund Mach_20

3%

105

2%

22

21

16

A

Class B

*

*
*

Without par value.




10%
2

Batavia Body
Bath Iron Wks

21

Pref v t c
Bausch & Lomb

7%
2

•
*

Beaton

Mfg

8%

%6
4%

4%

6

12%
3%
7

2%

%

109%

w w_*

*

x-w

5%

52

60

68

39%

40

57

60

10

10%

4

4%
10%

Constable.5
Print Wks.*

9%
13%

Aro Equipt Corp.-l

_.

1

Aircraft

1

1

*
7% preferred..100

5%

13%

38

40
40c
100

93

17%
1

5%
r

18

112

18%

18%

7 A

8-

75

77

69

73

8%

%6

%

Associated
Rayon.*
Athey Truss Wheel 4

6%
5%
2%

5%

16%

Atlas

12

Auburn Automob
*
Austin NIch & Co..*

Powder..

%

14%
20

%«
7%
28%

%

2%

9%
1%
10%
35c

%

16

22%
107%
3%

22%
108%
3%

16%
23%

16%

70%

120%
6%
1%
3%
24%

29

3%
10 A
2

20

5%
17%

18%

* Last sale,

n

29%

31%"
114%

Class B
33'ic
Benson & Hedges. -*
Conv pref
*

Berghoff Brewing
1
Berkey & Gay Fur¬

27%
109%
104%

30%

3l%
115

7%

6 Cement com.-l

Preferred
50
Best & Go
*
Beth Fdy & Mach.*
Preferred
50
Beth Steel (Del)...*

5% preferred
20
7 % preferred- .100
B/G Foods Inc
*
7% preferred-.100
Inc

$2.50 preferred.

.

iEM

Coupon

51%

Bearer

18

shares. _*
shares

20%
20%
20%
20%

Amer dep rets. 10s
Brockway Motor

1%

10

7A

Truck com

%
23%

Brown Co 6% pf.100
Brown Fence <fc Wire

1

4%

A pref....*

17%

common

Forman

*

1%
38

*

1

2%

Brown & Sharp

Brown Shoe

*

132
35

Bruce (E L) Co

5

10

7% preferred-.100
3%% pref
100

77

Collender Co

88

20

21

Budd

100

com

(E G)

Mfg__*

7 % preferred- .100
Budd Wheel
7 % preferred- -100

Watch

110

24%
30%
17

41

Brewing..

Preferred

2%
7%

3%
50

<,F)

43

Mfg—

Common

1

$2.20 preferred..*

11%

10%
5%
40%
5%

Burd Piston Ring..1
Burdines Inc
1
Preferred
*

Burkart

11%

9%
104

.10

com.

31%

Burma Corp

Ltd—
Am dep receipts.

Burns Bros

.

1%

*

com

Burroughs Adding

%.
%6

X32

90
8

8%

1%

117%

2%
80

118%
3
14

*

27

28

100

101

102

10%
98

25

3%

4%

5
...1

%
3%

1%

5%

*

50

Class B

85
40

*

10

pref. .30

Byers (A M) com. .*
7% part pref. .100
Byers Machine
*
Byllesby class A
*

20

13%

5

conv

Preferred

39

Preferred
Birdsboro Stee
Fdy & Mach

8

13

Butterick Co

3

._*

Preferred

•

Byrndum Corp
Bryon Jackson
Cable

7

4

6

44

46

20%

21

fNewstock.

50c
*

5% preferred—50
Calaveras

Land

Timber

BI ack& Decker Aifg *

50c

Calif Pack Corp

4

Blauner's common.*
$3 preferred
__*

1
*

i*
11%
67

%
20c

15c
4

3%
13%

%
%
24%
51%

&

..1

2.45

Calamba Sug Est.20
Jambria Iron
50

15%
57%
5%

Campbell (AS)
Campbell Wyant
Cannon Fdry.

x

9%

6%
21%

Elec Products

Vot tr ctfe
Common

12%

%
3%

7% debenture. 100

5%

75%

12

*

Butlor Bros

38%

14
193132

1

com

Bush Term Bldgs—
7% pref ctfs..100

5%

75%

*

Biscuit.l2%c

6% preferred

95

37

37%

Machine

Burry

Bush Term Co

7

Ex-dividend.

1
&
*

m

—

91

38

Buda Co

_

24%

36%

Burger

50

-

Buckeye Pipe L..50
Buckeye Steel Cast *

Bunte Bros

45

m

5%

1%

5

1

11

—

5%
24

*

6

r

*

*

41

36

40

*

Bullard Co

%
37%

135

10

Bulova

32%

4

45

5

7

*

Canadian price.

S*
90

25

Bucyrus-Erie Co.-5
7% cum pref.. 100

5%
7%
126%

*

v>m *

;__*

...25

Bristol Brass

$5 preferred
Brunswick Site

2

1

32

S/e

7% preferred. -100
Beryllium Corp
Bessemer Limestone

1

12%

108

17

123

2%

*

Brunswick-Balke-

10

5%

37

33

27%
112%

46*

5%

r

Brillo Mfg
Class A

2%
49

20%

100

Manufacturing .50

41'

1

common..

_

Distillery

3%

Purchase warrants
Borland Shoe St
*

Nominal,

7 % preferred-

37

•

Class B

Bruck Silk Mills.._»

Bird & Son

3%
26

15%
10%

Warrants

Bridgeport Brass..*
Bridgep't Hydr'lic20
Bridgeport Mach..*
Preferred
100 k
Briggs Mfg
*
Briggs & Stratton..*
Brill Corp class A..*

Preferred
Brown Rubber

10

70%

2

Brewster Aeronaut'l 1

Brown

123

121

24%

7%

21%
6%
6%

Class

5

1%

57

Preferred

Brach (E J) & Sons *
Breeze Corp
1
Brewing Co of Am.3

Warrants

10%
14%

1l14
3

1
17

British Celanese Ltd

1%

10%

*
*

Registered shs
*
Brit-Amer Tob reg£l
Ordinary bearer £1

11

55

Bigelow-Sanford
Carpet com

com

Brit-Amer Oil Ltd—

45c
3
22

2%

Billings & Spen
Bing & Bing
Binks Mfg.

123

%
8%
1%

*

8% Bristol-Myers

Preferred
50
Bender Body com..5
Bendix Aviation
5
Bendix Home

Bickfords
15%

15

*

prior A..*

6

3

14%

conv pref. .100
*

6%
6%

55

•

8%

Atlas

23%

6%
6%
1%

53

niture

1%
10%
5%

registered ...£1
Assoc Laundries
*

Atlantic Refining.25

23

50

7

6

9

r

8%

Assoc El Indus Ltd

4% conv pref. 100
Atlas Drop Forge. .5
Atlas Plywood
*

15%
60

24

Bell Aircraft
1
Bellanca Aircraft
1
Belmont Radio
*
Belt RR & Stk Yds

Common

20c

8%

Art Metal Constr.10
Art Metal Works..5

*

3"

i§S
57

9%
9%
23%
6%
4%

Appliance cl A. .5

Elec.10

pflOO

97

Brummell

Ties Inc

Hart-

non-cum

M

3

_

50%

Atl Coast Fisheries.*
Atl Gulf & W Indies

9"

8
—

22"

28

Belding Hem'way. *
Belden Mfg com.. 10

5

21

*

preferred
Boyd-Welsh Inc
Boyertown Burial
Casket

27

1st preferred.. 100
2d preferred
100

Beech

111

pref..*
7 % preferred- .100
Armstrong Cork
*
Armstrong Rubb A*
conv pr

7% preferred-.100
Assoc Dry G'ds
J
6% 1st pref...100
7% 2d pref...100

60

25

Beech-Nut Pack__20

Asbestos Mfg com.l
Preferred
1
Ashland Oil & Ref.l
Assoc Brew (Can).*

55

25

Warrants

Beau

33

class A

65
Bowm Bilt Hotels—
ers

2d

105

Bearings Co (Am).*

10

pref. .100
Armour & Co (111)
guar

_

96

13
100

12

100

Cream. _25

Pref

25%
5%
34

Bondhold¬

Bow-Bllt

7

100

common..25

$5 preferred

34%

Arrowhead Petrol.

4

22%

& Cadwell

Beatrice

4

3

5
Ark Fuel Oil pref. 10

J Called April 1 at $20.

& Paper A

Class B

Optical com
10
5% preferred. .100
Bayway Term
i
Bayuk Cigars.....*
7% 1st pref
100

76

74

Vrgo Oil

cum

1

Baumann (Lud) com*

Archer-Dan-MIdl'd *

$5

1

_

26%

Arcturus Rad Tube 1

%

2%

*

37%

2%
35%

Tack

Bros

24%

2%

37

Bourjois, Inc
*
$2.75 cum pref..*
Bower Roll B'r'g--5

Brinks, Inc
1

36

11%

Arnold

19

Stainless
com

*
5

2

Sugar...100

-

17%

%
14%
16%
%6

Bastlan-Blessing

Apex Elec Mfg
*
Applied Arts
1
Appollo Steel.... 10
A P W Paper
5

3%

American LockerClass

Angostura-W upperma nn Corp
1

64

23%
23%
22%

Rubber com..*

6

100

23

*

1

18

*

47

Service clA
Barber Asphalt

Basic Dolomite

113

B

Bond Stores com__l
Borden Co
15

Borg-Warner Corp_5
Borne Scrymser--25

Preferred
100
Bankers Industrial—

8%
42%

1

£1

Conv preferred .20

2%
%

1
Bancroft (J) & Sons*

Bartgis Bros com__l
6% conv pref. .25

10%

SS Lines

3%

Warrants
Baldwin Rubber

5
Barnsdall Refining. 1

1%
30%

Arnold.

13

com

7% pref old—.100
7% pref new—30

7
55

28%

5%

30

6 % preferred. .100
Baldwin Duckw'th.*
Baldw Loco Wks._*

15

Anchor Post Fence.*
Andian Nat Corp
*

Common

100
8

Barnard Aviation.
Barnsdall Oil

Am dep rets ord

14%
102%

jprererred
Baldwin Go

Preferred

Artloom Corp

17

Preferred
100
Balaban & Katz._25

12

20

13

24%
116

1st preferred-.100
*

13

111%

23%
1%
27%

Bohn Alum & Br. .5
Bon Ami com A—*

Common

5%% pref
50
Barkley Grow Aircrl
Barlow & Seelig cl A 5

$6% conv pref..*

He ge man

.]

Common
50c
Amer Export Lines 1

6% preferred

Anchor Hocking
Glass Corp

Arrow

Amer Export Airlines

Amer Home Prod.
Amer Ice Co

.

.

Boston Woven Hose

Deferred

for

ky-

7 % preferred
100
Boeing Airplane—5
Bohack (H O) com.*
1st preferred..100
Bohack Realty pflOO

6%

6

19

14%

(Sid)—*

3%

»

Baker Chemical

c

Blumentnal

6%

3%

13%
19%

pf
25
pf
25
Bloomingdale Bros.*
conv

3%
44%

22

32

1

conv

Common

1%
45

Bathurst Power

5% preferred.. .30

106

116%

Backstay Welt
Baird Telev pref

Anaconda Wire &

$6

103

American Dredging.
American Encaustic
Tiling

6%
13%
90

40

1

5%

9

7%

Crystal Sugar 10
6% 1st pref... 100
Am Cyanamid A. 10

Ayrshire Pakota
Colliers Corp

Barker

3%

Antilla

100

3

Armour & Co of Del

65

Commercial

Preferred

Steel

7%

Anheuser Busch_.20
Animal Trap
*

1

Axton-Fish Tob A 10
Class B
10

Barium

3

_

1
3

89%

Trading

Amer dep rets.

_

147

Anglo-Iran Oil—
25%

Aviation

_

3%
88%

Writing Pap.*

American shares.

1%

Capital
Corp

6%
6%
20
18

15

Warrants

10'

8%

Cable common..*

115

Am

Amer

44%

5%
6%
18%

....

45

A
23

25

A com

6 % pref w w—25
Pref ex-warr.25

12

5%

21

Avery(B F) & Sons 5

10
Barber (W H) Co__l
Bardstown Distill-.1

42

Amsterdam

171

(N J)..25
Amer Colortype._10
5% preferred.. 100
Alcohol

62

Co
*
7 % preferred-. 100
Amer Wringer.
*

Amer

40%
131%

Amer Coal

Amer

104

1

1%
44%
7%
5A

.100

Chicle

100
100

100

pref. 100

Class A

Preferred

.

Amer Centrifi gal.. 1
Am Chain & Cable.*

28%
13%
15%
21%
94%

60%

5%

*

Am Woolen

Properties
*
Am Car & Fdy
*
7% preferred--100
Amer Carmel
Preferred

Preferred

49%

Amer Bosch Corp.-l
Amer Box Board. _1
A.Brake Sh & Fdy—

150

Am Vitrified Prod_ *

J*

-

68%

15

_

48 A

Am Beverage Corp. 1
7 % preferred5
American Book..100

11

31*
ill*

38%

87%

Type Found. 10
7 % preferred
100

*

10

1%
6%

14%

89%
145
2%

.

Common

10

12%
27

38
3

6 ^preferred. 100
Am Transformer. 10

58%
56%
10%

55

6 % preferred... 50
Preferred

Am Thread 5% pref5
Am Tobacco com.25
Common B
25

_ .

48%

6%
15%
67%

%6

50

Am

pref 25

Aviation & Transpor¬
tation Corp_____l

Amer Wind Glass—

56%

*

Am Bank Note

2

Preferred

conv

6%
5%

10%
17%

5
30

-

%

3

Common..

Automobile Banking

V t

7% preferred.. 100

*

American

6%

180

20

American Stores

Am Sumatra Tob__*

*

67%
147%

Amer Sugar Ref.100

15"
9%

18 %

142

Snuff. .25

28%
13%
15%
21%

12%

52

Alpha Portl Cem._*
Altorfer Brqs com...
Conv pref
*

Aluminum Ltd

10%
%
30%
48%

*

Am Ship & Comm

20

3

5

Babcock & Wilcox.*

18.50

13

7%

1
6

Aviation

9%

if*

Refrig.10

Automat Vot Mach *

1%

162

66%

2

2%
1%

Automatic

Laughlin

Preferred

1%

101

4%

Stand Sanitary..*

Bliss (E W) CoCommon

Class

%

12%

50

16

Automatic Fire

$1.50

4

12%
19%

19

Allied Stores Corp

com

A
97%
%

_

14%

Blaw-Knox Co

Automatic Washer—

*

Class B

*
100

122

Amer

Amer Pneu Serv.

Bliss &

ment common

34%
25%

Optical

8
60

Automatic Prod—5

%

Per

7

Alarm common_25

Bid

Par

50

85

23%

Stocks

share

10

com..

Automatic) Instru¬

25

5A

Ask

Bid

6% preferred. .100

Autocar Co

25
20

American Meter— *

5% prior pref

Industries

19%
55%
14 A
3%

American News Co *

14

1

Am

%
23%
115%
33%

Par

Per

3

*

100

Steel com.*
Preferred
100

Amal

65

Stocks

share

33

Allegheny Ludlum

Aluminum Co

2%
23%
18%

Amer Metal Co

Hamilton

common

Algoma

•

14

6% conv pref. .100

._

8% pref

Allen

54

Maracaibo__l
*

Amer

4%

Alexander Dept Stsl
Alexander

19

Locomotive.*
7% preferred- -100
Amer Mach & Fdy_*

Amer

%

Albany Packing. 100

Ask

Per

4%

*

Alaska Pac Salmon*

Bid

Par

share

1%

48 A

Air Keduc'n com..*

Stocks

Ask

Bid

13%

1%

INDUSTRIAL

March, 1940]

Stocks

Bid

Par

Stocks

Ask

5%

58"

Class b pre!....50 r
Canada Cement. 100

54

Preferred
100
Can Dry Ging Ale.5
Canada Forgings—
Class a
•
Class b
•

70

85

20%

21

9

21%
20 %
102%

Canada Packers...*
Canada ss Lines..*
Preferred
100

104%
1%

o

20

if

56

Can Wire a Cab a.*
Class b
*
Canadian Bronze--*
Preferred
100
Canadian Oar a Fy *
Preferred
25
Canad Celanese—*
Preferred
100
Canadian Colonial

Airways

22

22

20
41

44

106%
13 %
19

35%
125%

1

6%

^

24%

14"
20%
35%
127

Oity Auto Stamp—*
Olty Ice & Fuel
•
6 Hi % cum pf.-loo
Olty a; Sub Homes 10
Olty Stores
5
Olark Controller... i
Olark Equip co—*
Preferred
100
Olaude Neon lt—1
.....

«• «•

m

Can Fairba'nk pf_ 100
Canadian Foreign
Invest Corp.

* /
Can Indus Alcohol—

37

ci a

voting----*

cl b non-voting. *
Canadian Industries
Class a
-_-100
Class b_
100
Preferred
.*

2%

3

2

3

180
180

185

136

140

Can Locomotive—*

18%

(Philip)
*
6% preferred—100

6% preferred—100
Carib Syndicate.25c
Carman & Co a...*
*
•

...

..*

5
Carrier Corp
1
Carter (j w) co—1
Carthage Mills
*
Preferred a

100 k

Preferred b

40

Oasco

13%

15

92
6
79

96

63%
1%

23%
6%

25
7
40

28

31"

24 %

25 %

il*
68

100
7 % preferred. .100

115%

Oase Lockwood a
Brainard Co.. 100

8

5%

10%

Oatalin Corp.

3

1
Caterpillar Tract- .*
Oelanese Corp
*
7% prior pref-100
1st partlc pref-100

43%
23%
112

113

Celotex Co com...*

11%
65%

6% cumjpref—100
Celluloid Corp...15
1st preferred
*

4%

$7 preferred
*
Central Aguirre
Associates. .....*

2%

66

5%

1%

3

3

_

106

12%
76

Stk Yds com—100
Preferred
100

210

$3 conv pref....*
$2.50 prior pref..*
Chic Ry Equip—25
Chic Rivet a Mach 4
Chic & So Airlines

*

conv

pref—*
v

t c *

*

$2 preferred
Comm'l

.*
Eng. .1

Solvents..*

Oompo Shoe
Mach vtcext—1
$2.50 conv pref._ *

1

6%% prior pf.100
7% preferred. 100

7%
33%
2%
19%

Cons Lithograph—*
Cons Mach Tool uts.
Consolidated Oil
*

4%

Cons Paper of Can. *
Oonsol Retail St8..1

6%
14%

.

■

14




75
Ill
9

4?*

14%

14%

89

91

79

81 Hi

iy<10

2%

13

13%

67

69

18%
29

%

5%
16%

16

8% preferred-.100

95%
46%

13%
1%

1

Continental Can..20

96

46%
114

113

7%
4%
23%

7%
4

23%
1%
78

5/

6

6%
16

.

-

yl
-

-

-

60
/

29

Dryden Paper
Mont

Laboratories cl a1
Dun (r g)
Bradstreet Corp.*
$0 preferred..
*
Dunhill Tnteraatl.l

d11 plan Silk
cum

18%
7%
2%
45
9

21%
26%
%

21%

18%

19

27

1%

4%

it*

9

2F

23
90

94
63

61
114

"§"

Mills b com

6% pref
Duro-Test Corp

100
1
Duval Texas Sulph.*
Lock

PreferredEason Oil

Eastern 8ugar Assoc
Common
1
.....

Preferred.......1

•

Pict__l
Elec Corp
1
*

Eitinoron Schild
Elder Mfg.

__*

Class a..

100

Sterilizer

Electric Households
Util Corp
Elec a Musical

Det Gasket a Mfg.l

10%

11%

Indus Am shs——

6% pref w w
20
Detroit Gray Iron a

17

17%

Elec Stor Battery. *
Elec Vacuum Clean*
Electro Bleach Gas .*

1%
13
-

fo*

1%
13%
1%
1%
21%
28%

Devoe a Reynolds—

ClassA(non-vot)*
Common b——*
2d preferred
100

20%

20%

21

22

106

29%
._

Electrographlc

31%

117

*

Elgin n Watch—.15
Eljer Co com
*
5% cum pref.-.50
5% prior pref-100
Elk Horn Coal..
.*

12

2d

Class

Preferred

k Last sale,

n

Nominal,

r

1%
9

175

1%

Prod-.2

Differential Wheel _1
Voting trust ctfs..

1

75

Discount Corp -.100

1%
10%

Distillers Co

Canadian price,

.

39%
26%
108%
o

%y*

Ltd.£l
x

58

19
27
%

12
10
%

24
3

25
37
1%
2

Drug..2%
b—„2%

83

"9%

Empire Sheet a
Tinplate

1

"l%

Emsco

8%

7%

"2%
147

14%

4%

*

5%

Derrick..—6

9%
44%

ttndicott-Johnson.50

7

Ex-dividend.

1%

31

27

7%

13%

3%

25

38%

2%

%
37%
14%

Emerson Elec Mfg-4
Preferred..
4

37
120

140

Emerson

5% p-eferred—100
Equit Oflce Bldg
*
Esquire Inc
1
Eureka Pipe Llne.50
Eureka Vac Clean. 5
Evans Products

—5;

110%
h/o
4
26
4%

8%

Ever Plastics Corp.5

2

ciorn_--3

24

tr».c!flil-o

t New stock,

1 %
1
9

28

5

Warrants

Di Noc Mfg

9%
28
151

1

6

1%

%
5c
9
40
4%

18
118
92
18
18

34
40

73

5%
13%

preferred.. 100

33 Hi

170

7%
13

30 %

Ely Walker d g—25
1st preferred--100
2d preferred..100

10%

6% part pref...25
Diamond Shoe com *
6%% pf (w w) 100
Diamond t Motor 2
d ctaphone Corp..*
Preferred
100

.1

Electrolux Corp—.1 r
Electromaster Inc.l

61

62%

7
11

Corp

Common

59

Dictograph

2%

21%
110%
1
14
75c

Electrol Inc vtc -.1

1st preferred..100

DeweyAAlmy Chem
Common
Preferred-.

.

$4 preferred....*
Cooper Bessemer..*
$3 prior pref
.*
Oopperweld Steel..5
Conv 5% pref..50

7%
112%
104%
63%

1

Electric Auto-Lite.5
Electric Boat
3

83

5%

2

Educational

5

103

*

1

35

6% preferred-.100
176%
Easy Washing Mach
Common.......* r
4
Class b
*
3%
Eaton Mfg Co.
4
31
Economy Groc Sts.*
16
Eddy Paper
—*
15
Edgewater Steel
*
66
Edison Bros Stores.2
16 %
5% preferred
60
51

10

109

10

East Racing Assn..*
Eastern Roll Mill—5

80

12%
6% Cornell-Dubilier
28%
Elec Corp com.. 1
4 % i Corning Glass Wk 10
83 % i
Preferred
..100
7% Corn Prod Refg—25
7 % i
7% preferred-.100
2% Oorroon a Rey'ds.*
6
i
$6 conv a pref..*
14% .Cosden Petroleum. 1
2% 1
5% conv nref. 50

1

5% prior pref--20

100
5

15%
53%

25
*
100

....

%

*

50c

Harvester. 1

184%
127%

23

50
1.00

Preferred

26

125

40

Diamond Alkali—20
Diamond Match..

15%
52%

184%

22

38
90c

Foundry com—.1

13

121%

118

39

35c

Detroit Mich Stove i
Detroit Paper Prod i
Detroit, 8tee' Prod *
De Vilbiss Co
10
Preferred10

"5%

100

Dexter Co com..

25

38%

5

Chem com

Elsie

1%

37

6% pref.
..25
7% pref—100
Durham Hosiery-

Detachable Bit
Detroit Aircraft—*

Dexdale Hosiery

9%

*

pref—100

DuPont (ei) deN
a Co common. .20
$4.50 cum pref..*
Durez Plastics a

Eastern Footwear .1
East Mall'ble Iron25
32

6%

6%
12%

Warrants

17%

1%

5

5%

Eastern Corp com

31

1%

109

Dunlop Rubber—
Ordreg £1
8%

10

9

*

(Allen)

T%

8%

28*
108

Dubilier Condenser 1
Du

10

1

17%

Electrical Steam

29%

107%

2

100
Dresser Mfg com. _*
Dri Steam Valve..5
Driver Harris Co. 10
Preferred
100

Cook p't a Vara..*

Preferred
100
Converse Rubber..*

113

Preferred

18

Dentists' (The)

Detroit

13%

152%

19

7%

Preferred—.—*

%
3%

...

14

4

Supply com.... 10

17

%
2%

Common.
*
Conv prior pref..*
Dow Chem com
*
5 % preferred. .100
Dow Drug
*

18%

88

50
8% debentures 100

9

82%

Douglas Aircraft
*
Douglas (w l) Shoe

$1.50 conv pref_20
East Dairies Ltd
* r
Eastern Air Lines. .1

7

5

11

25

Eastman Kodak

10
1

21

Preferred
100
Dominion Steel a

17

5

30

$6 prior pref

3%
%

10%

anmer

Gilbert) Corp

26

123%
155%

Dominion Glass. 100

4%
15%

7%
2%

Deep Rock Oil a Ref
7% preferred.-100
Deere a Co com... *
7% preferred.
20
Defiance Spark pl_*

27

6%% pref....100

Eagle

%

100

*

Dominion Bdge.100
Dominican Coal pf 25

14" Early a Daniel

7

0% preferred
Derby o a Ref com *

15

19%
4%

9

Decker(a)a Cohn 10

Dennison Mfg—
Class a com

20c

90
68

4

1

Preferred

45

w*
29

19%

35

Records

5%
3%

1%
4%

10c

..._*
.._*

*

Class a
Decca

7%

95

1%
4%

7%
4%

25
10

Dayton Rubber Mfg
Common...
1

100
Del Rayon a com. 15
De Mets Inc pref..*

45

6%
4

57

De Long Hook
and Eye

3
90

vtc partic pref 60
Container Corp
20
Continental Baking
Class b

9%

~3"

Mills com
*
Davis Coal & Coke 50
Davison Chemical. 1
Warrants

Dejay Stores

4

V"

Oont Diam'd Fibre.5
Continental Mot_.l

9%

17%
52%
5%
23%
13%
28%
66%

Consumers Co of 111

Oont Steel Corp

Without par value,

13%

40

Warrants

50

13%
2%

20

2

5% pref vtc--100

49

70%
110%
8%
11 %
6%
27%
3%
83%
7%
6%
2%

24

17

13%

d"

Consolidated Textile
Consolidation CoalCommon v t c..25

a—

17
91

38%

9%

88%

Deteel-w

preferred. 100

36

13

23

8%

Oonsol Royal Oil .10
Consolidated Steel *

106 %
25

10%
7%
%
13 %

3%

cum

Class

1%
20

18%
28%
110%

Darling Stores Corp
$2 partic pref
*
Davega Sts Corp..5
5% conv pref. .25
Davenport Hosiery

4%
11%
18%

4

90

7% cum pref—100
$8 cum pref
*

94%

Dodge

67

si*

43%
10%
28%

22

22

...

$7 preferred— ...»
Ourtiss Wright Corpl
Class a
1
Cushman's Sons—

92

4%

Dr Pepper Co.....*

5%% pref—100

42

it*

Dardelet Thr'dlock *

26

Dobeckmun Co coml

Doubleday Doran.*

w4

•

9%

8H

7

6%% preferredlOO
Lighting.... *

12%
37%

Dominion Stores..*
Dominion Tar a
Chemical
__*

32

8%

Curtis Mfg
5
Curtis Publish—..*

Dixie-Vortex Co
_*
Class a....
*
Dixon (j) Cruc-100

J%

84

100

lH

Coal b

1%
19%
16%
90%
37%

Stores com....2 h
5

Cons Film Indus..1

99

~7%

Preferred

Cutler Hammer

17

*

part pf—*
Cons Laundries
5

20%
11%
114%

27%

Cunningham Drug

Darby Petroleum-.5
Darco Corp 8%pfl00

45

35%

7*

40

*

1%

Cons Cigar Corp..*

7%

5%

Mangan 2

7%

50%
5%
22%
12%
27%
63%

Congoleum-Nairn. *
Congress Cigar
•

$2

21

44%

5

Distillers Liquors..5
Dlvco-Twln Truck .1
Dixie Home Stores.!
Dixie Ice Cream...5

Doehler Die Oast-.*
Dold (Jacob) Pkg—

*

Cuban Atl Sugar
Cuban Tobacco

18%
76%

52%

32%

7% preferred-.100

Seagrams Ltd
*
5% pref w w—100

32"

8

.*

1%

Oonsol Car Heat. 100

5%

Tissue

Cuba Co
Cuban Am

Distillers Corp-

52
10

2%

Cuneo Press

6

2%

Bid

Par

31%
20%
5%

1%
9%

82.25 pref w w._*
Preferred x-w
*
Crown Drug com 25c

6%
7%
20%

6

18

10

1

$2.75

Colum Carbon

Columbus AutoParts com

34%

9%

Oin Un Stk Yds— .*

Inc

Columbia Pictures—
Common
.—.*
Vot tr ctfs com..*

Oont'l Oil (Del)
5
Oont'l Oil (Mex)
1
Oont'l Roll a Steel *
Oont Screw com. .10
Preferred
10

Cin Tob w'house.25
Oinecolor

100
1

14

76%

102%
10%
6%
%
13%

Chic Molded Prods 1

.

Columbia o 8c g

.

$1.50 preferred..*

Chicago Mail Order 5

Crank..5

Columbia Mills.

v t c a partlc..50
v t c b partic
*

14%

Chicago Flex Shaft 5
Chic June Rys & Un

Ball

2%

3

22%

6

Hosiery 6% pref

Cinoi

Sys Inc class a 2h

8tocka

Cork..—
Dodge Mfg

l25%

Crown Cork Int a_*
Crown o'k a Seal.*

Crystal

21

Curtis

1

6

Chic Daily News..*
Preferred.
Chic Elec Mfg a—*

18

9%

120

Board common. *
Preferred...
50
Chester Pure Silk

17%
5%

Oonsol Aircraft
$3 conv pref
Consol Biscuit

105

6%
19%
10%

1%
4%

45

4

112

Co

*

Class b

lishing Co.—..*
Preferred
100
*
Prior Preferred.50
Crown Central
Petroleum (Md).5

5% Preferred .100
Oudahy Pack
60

42

3%
40%
23%
113%
113%
11%

3%

Ohesebr'gh Mfg..25
Chesapeake Paper

Chilton

1%
4%

8% preferred.. 100

Checker Cab Mfg.5

Chrysler Corp
5
Churngold Corp...*
Cinci Advtg Prod: *

Ordinary snares..
6% conv pref.

1114

24%
24%

3%

33%

"l%

1

ih*

3%

4

Cherry-Bur Corp. .5

*
.100
10

145

2?*

6%

100%

es

Cuban-Am Sug—.10

16%

8%

7

112

23

8

5%
94%

31%

31
110

Wire common
•
Colonial Beacon Oil *
Colon Development

20

20%
96%

*
Crowell Collier Pub¬

6% preferred...10

104 %

OoHyer Insulated

Col Fuel 8c Iron
Warrants
Oolson Corp..

%

1

.

1914
105

15%

45"

8%
4%
12%

22

com

Collins Co
—100
Collins-Morris.
1

Brewing.

-

7% preferred-.100
Crystal Oil Ref
*

21

36

38

104

Preferred

*

Crocker-Wheeler

$5 conv pref
*
Crucible Steel—.100

Preferred
*
Columbia Brewing.5
Columbia
b'casting

9%

_*

Ohllds Co

18%
104 %

103%
.

pf—.100

37

12%

9

6% pref
100
Chapman Valve
1
Preferred
100
Charts Corp
10

Conv preferred—*

35%

*

5% conv pref.. 100

conv

Preferred
25
Crown Zellerbach.. 5

7H

Conde Nast Pub--*

6
8c

Chic Yellow Cab