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BANK RECORD RES. APRIL IN U. 8. PAT. OFFICE RETROSPECT Page and Financial Event*.... Page Cotton 1 Hides and Leather. 9 Commercial Iron and Steel Trade Course of the Stock Market 13 Dividend Declarations 13 8 8 Money Market 15 New 12 Security Issues Federal Reserve Bank—Brokers' Loans .15 Petroleum and Its Products Foreign Affairs Rubber 6 Foreign Exchange.. 16 Grain—Coffee—Sugar 9 INDEX TO STOCK 10 ... Textiles United 9 States Treasury Financing 11 EXCHANGE QUOTATIONS Page Baltimore Stock — Stock Exchange Exchange Los Angeles Stock New York Curb 68 Chicago Stock Exchange Detroit Stock Page 67 Exchange Boston Stock Exchange Cleveland 9 ... New York Stock Exchange—Bonds 19 64 New York Stock Exchange—Stocks 31 .66 Exchange 41 Philadelphia Stock Exchange 61 60 Exchange Pittsburgh Stock Exchange 69 64 — San Francisco Stock Exchange. 62 INDEX TO GENERAL QUOTATIONS Page Banks and Trust Companies— Domestic Canadian 111 Federal Land Bank Bonds Foreign Government Bonds Industrial -.92 Public ...93 Bonds. Utility Stocks 100 ...72 67 William Guarantee and Safe Deposit Stocks 85 United States Territorial Bonds HVLay 4, DANA of _ 92 92 1939 COMPANY, Street, Corner 85 _85 United States Government Securities. 85 B. -101 Real Estate Trust and Land Stocks Title Mining Stocks 71 Estate Bonds.. Textile Stocks 84 .... 78 Railroad Bonds Real Mill Stocks—see Textile Stocks— 94 73 Railroad Stocks Joint Stock Land Bank— WILLIAM ' 85 Companies Securities 92 Utility Bonds 81 Insurance Stocks Securities __ Canadian Public Industrial Stocks Investing Domestic .84 Exchange Seats * Municipal Bonds— 102 PUBLISHERS Spruce Street, New York <c jpeposil and Trust Co. Safe —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 1876 this Company has devoted itself cAuiuoively to the management and conser~ vation of estates—specializing the whole effort of its It is highly trained organization in one country of the few trust has never engaged in which Baetjer general Its Directors are: banking, selling securities, etc. Edwin G. this business. companies in the Venable Baetjer & Howard Charles H. Babcock—Reynolds & Co. William G. Baker, Howard Bruce- - Jr- .Baker, Watts & Co. Chairman of Board of Balti¬ more George C. Cutler National Bank President of Safe Deposit and Trust Co. E. Asbury Davis President of Baltimore of United States Fidelity and Guaranty Co. Lyman Delano Chairman of Board of Atlantic Robert Garrett- Robert Garrett & Sons Norman James President of James Lumber Co. Coast Line R. R. Co. J. Edward Johnston—Capitalist Blanchard Randall GiU A Fisher Charles E. Rieman Pres. of Western Nat. Bank BANK / QUOTATION RECORD REO. U. 8. PAT. OFFICE Copyright in 1939 by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C. as Second Class Matter, March 9, 1928, at the Post Office at New York, N. Y., under the Act of March 3, 1879 Entered VOL. 12 NEW YORK, MAY 4, Bank The Bank and and President Quotation Record Terms for the Chronicle and U. S. $18 per annum within the United States are by Possessions and Territories; $19.50 in Canada; $21.50 in South wrote Senator of the (the April 11 on by voice vote after was an defeated was Just before the final vote the Presi¬ Peppe^: If The subscription price to the Bank and $100,000,000 ia voted, between 300,000 and 400,000 fewer people can work relief than if the $150,000,000 is voted—and in addition practically none of the 700,000 or 800,000 people on the waiting list can be Quotation Record is $12.50 Postage outside of United States extra. year. March 31) on vote of 49 to 28. a dent America, Spain, Mexico and Cuba, and $23 in other foreign countries. a Final passage attempt to restore the $50,000,000 reduction of the Commercial & Financial Chronicle and is issued monthly. and Central repeatedly requested. passed it of the companion publications one had NO. 5 $100,000,000 appropriation in the Senate House Quotation Record is 1939 Single copies are sold at be $1.50 per copy. CHICAGO OFFICE—208 LONDON given South La OFFICE—Edwards WILLIAM & Street. Salle Smith, Drapers' Gardens, E.G. 1 employment. In his $1,750,000,000 relief request Spruce Street. New York corner subcommittee of the House Appro¬ priations Committee started its investigation of the PWA. DANA COMPANY, Publishers, B. William Street given Meanwhile, the 12-man April 27 the message on President expressed the hope that this committee's investi¬ gation "will be guided along constructive lines, and if this REVIEW OF APRIL—COMMERCIAL FINANCIAL international The took is done I feel sure that its outcome will be to demonstrate EVENTS in which the United the plea ,t.p Chancellor Hitler and Premier Mussolini for the of the needs which measures of the have been adopted to unemployed." President Roosevelt in Message to Congress Proposes Reorganization of Federal Agencies, Following Signing of "Reorganization 10- a wisdom meet States significant part through President Roosevelt's more a situation, AND Act of 1939" year political The during developments President's April somewhat guarantee, peace 15 overshadowed the communication under month Germany to The President signed review. ganization bill Italy and 10-year assurance—"a requested a domestic on of quarter step a in when exercising he sent emasculated which it powers reor¬ him gave setting forth message a executive April 25 be took the first on of the some Congress century, if we dare look that far ahead"—that their "armed the April 3 and on plan of a the forthcoming, were summon world a President's indicated the territory mentioned. he President and economic which the United the invade the or which countries this guarantee that promised he and foreign other consolidating various agencies of the Government into three departments. plan, is conference of the reduce the developments would Relief Appropriation Pausing at times to discuss the Administration's foreign After made and few a spending weeks' respite, again was moved sional considerations April 27 for on for the dent asked large its question the to result a as the in program. Government of foreground in of the congres¬ President's request appropriation of $1,750,000,000 for relief an fiscal next headway some (1940). year Specifically, Presi¬ the $1,477,000,000 for the Works Progress Adminis¬ tration, which is about one-tliird less than this year's $123,000,000 000,000 for Farm the Youth Security Administration, administrative Administration and incident expenses sum, about to the $25,three Indicating his opposition to the changes in the programs. relief for National the and each contemplated setup by congressional some leaders, Mr. Roosevelt said: It is changes recent . which I expect Reorganization economies Federal resulting be to Act from agencies which President, grants have by under made will, the I the been of make the granted possible in the important operations of various opposed Government to the by proposed wasteful any system of relief as some States such congressional critics. as Refer¬ ring to the distribution of WPA funds, the President said: Any formula that also the various of constantly sections jobs to tributed. be of a sufficient after the account substantial and tho for not and purpose the and written on formula of the local should basis not administrative be of too new on the funds to rigid and discretion relief request came only but conditions in flexibility to meet special situations and relief President's a in basis be fight over the relief deficiency should order to crises. few days appropriation for the current fiscal year. The relief deficiency bill, which the President signed Social the Corps, anil concerned security, Federal Works Security P»oard, the United States Employment the Works Agency, the with educational Administration which would the and Civilian Conservation Service; include Works Progress the Public the Adminis¬ tration, and other agencies "dealing with public works not incidental which local the to normal administer governments other grants other or of work Federal or agencies departments, loans for the and State to and of purposes construction"; and the Federal Loan Agency, which would include such agencies Reconstruction the as Finance Cor¬ poration, the Federal Housing Administration, and the Ex¬ port-Import Bank of Washington. posed that three independent Administration, Federal of ment Farm that The President also pro¬ agencies, the Mortgage Corporation, Agriculture; in now sources the Treasury the be placed Budget Farm Credit Corporation, and the in Bureau, Depart¬ which the serve Department, and that President, as White House the reorganization liaison "reorganization plan tive 60 within concurrent sional to National is Re¬ agent No. on 1" bill provided, personnel. will become The effec¬ days unless Congress in the meantime resolution of disapproval. Special votes congres¬ procedure was established in the reorganization bill facilitate no the of the six executive assistants one which President's a and Committee be transferred to the executive office of the President; consideration amendments be can substantial of made reorganization any to the President's congressional opposition to the "No plan, and plan. 1" No plan is anticipated. House Passes Bill The bill monetary powers House a by Continuing Monetary Powers providing for voice publican members. on April 13, provided $50,000,000 less than the $150,000,000 the offices economic dis¬ Congress had written the final chapter to the long- drawn-out and and into factor of population, unemployment Allocations should be made not amount this only economic country. Furthermore, provide The in devised changing provided permit be may legislation should take bureaus which . authority anticipate, coordination . engaged in carrying out of projects. are Federal the all "social inde¬ new SecurityAgency, opportunity and health of the citizens of the Nation," such as to The of Federal the Commodity Credit opinion that the operations of the WPA during the next fiscal be carried on much as at present. Organizational my should year include by between $15,000,000 and calls for the creation of three year, agencies: promotion policy, Congress continued its legislative labors during the month a are pendent reorganization "to improve the administrative manage¬ of government cost The replies to $20,000,000 President's The Republic" and which, the President said, would in elsewhero in these columns. WPA designed would ment disarmament States would participate. plea possessions or If major which forces will not attack of" until vote of June on extension 30, 1941, the dollar of was of President the President's passed by the April 21 despite attacks by Re¬ As sent to the until 1941 the powers content the Senate, the bill extends of the President to devalue the gold between 50% and 60% of its former ' MONTHLY REVIEW Congressional Measures stabilization fund and the domestic silver purchase program with authority for unlimited coinage of Both the value. silver are continued for two years. The only change which existing law is a requirement that an annual report on the stabilization fund be sent to Congress as well as to the President. Previously, a party committee of House Republicans submitted a report on April 18 advo¬ cating the termination of the President's monetary powers, but the anticipated defection in Democratic ranks was not forthcoming and Republican amendments were defeated by safe margins. At a hearing on Senator Townsend's pro¬ posal to terminate the purchase/)f foreign and domestic silver, a Senate Banking and /furrency subcommittee on April 20 listened to Marriner^S. Eccles, Chairman of the makes in bill the proposals for tax revision still went undisclosed dur¬ ing the month. Congressional consideration of tax revision is being deferred until the House Ways and Means Com¬ mittee concludes its hearings on proposed Social Security Act amendments. Other important congressional activity during the month included: Senatorial approval on April 3 of the Bankhead bill "which authorizes the Government to sell 3,000,000 bales of its 11,000,000 bales of cotton holdings to cotton farmers at 5c. a pound in order that they may dispose The the^Federal Reserve System, urge Government's silver purchase program. While Mr. Eccles would not go as far as Senator Townsend proposed, he gave it as his opinion that there was "no justification from a credit, or monetary standpoint" for the United States to continue paying a premium price for Governors of of Board revision of the the •v of Signs Bill Providing for Reciprocal Taxation Federal and State the approval of the Supreme Court by the House on April 17 of the railroad reorganizations. favorable report by the Senate Banking Chandler bill to facilitate Passage voluntary A bill to regulate Barkley Committee on the revised the issuance of securities under trust indentures. Control Under Court Upholds Marketing Agricultural Adjustment Act of 1938 Supreme behind it, Con¬ providing for Federal and tobacco and rice demand. In his of cotton, corn, wheat, restricting production to State employees. The President's approval of the bill was 13. Two Senate amendments, one pro¬ viding that the taxation shall not be retroactive as concerns incomes received prior to Jan. 1, 1939, and the other pro¬ trol over marketing announced on April with of incomes of State and Federal judges, were approved in a conference report. The House approved the conference report on April 10 and the Senate on April 6. The Senate on April 4, in approving the bill, had adopted two amendments to the measure as passed by the House on Feb. 9; the House on April 5 refused to accept the Senate changes, and the bill had been thereupon sent to conference. Considerable question centers around the taxa¬ tion of incomes of judges because of the constitutional pro¬ vision that the compensation of Federal judges "shall not be diminished during their continuance in office." Judicial interpretation of this provision is expected as a result of the Supreme Court's agreement on April 3 to hear argu¬ ments in a case involving the right of the Federal Govern¬ ment to tax the salary of Judge Joseph W. Woodrougli of the Federal Circuit Court. The Federal District Court in Nebraska has ruled that the taxation of Judge Woodrough's income is unconstitutional. and viding for taxation of action Thomas R. Amlie as Member of ICQ other developments of the the President, in acceding on the Among month was the April 15 to the request of Thomas R. Amlie, by withdrawing his nomina¬ tion as a member of the Interstate Commerce Commission. Considerable senatorial opposition to the confirmation of Mr. Amlie had been evidenced because of his reported radi¬ In cal views. "that regret ICC of the the certain as one nomination to the President expressed of opposition should deprive able as you are." Mr. Amlie's Commission was sent to the Senate by letter to Mr. Amlie, a a the type O. Douglas Sworn in as Associate Justice of United States Supreme Court month, also, William 0. Douglas, former Chairman of the Securities and Exchange Commission, was the During 17) as an Associate Justice of the Court. Mr. Douglas was appointed on March 20 by President Roosevelt to succeed Louis D. Brandeis who resigned last February. The oath to support the Constitution was administered to Mr. Douglas by Chief Justice Charles Evans Hughes, who was attending his first court session since he became ill early in March, and the in sworn United (on April States Supreme judicial oath was given by Charles Elmore Cropley, Clerk of the Court. The Senate confirmed the nomination of Mr. Douglas on Bill and Army Air Corps Bill record-breaking order for 571 airplanes to $50,000,000 cost about given by the War Department within an was Department's $549,Previously the Naval Air Base Expansion bill, carrying authorizations of $66,800,000 over a three-year period, was passed by the Senate on April 19 without a dissenting vote. The House com¬ pleted legislative action on the latter measure on April 20. On the same day that he signed the War Department bill hour President the after signed the 000,000 appropriation bill on April 26. the asked President Congress for an appropriation for the immediate construction of a chain of naval air bases in the Pacific, Alaska, Puerto Rico and continental United States as authorized in the Naval Ex¬ pansion bill. The Army Air Corps Expansion bill, which was passed by Congress last month, was signed by the President on April 3. The War Department appropriation expansion addition on $358,000,000 authorizations in the Army Air Corps bill. In to April orders" for measures, to appropriate the foreign of interstate Secretary of Agriculture the of commerce regarded the decision as to have sustaining as well powers to fix national marketing for cotton, wheat, corn and rice, the other major products affected by the 1938 Act. The April 17 decision of the Supreme Court recalled its opinion of quotas farm 1936, in the Hoosac Mills case, in which the original Agricultural Act 6, Jan. invalidated court the high on the through the employment of process¬ which was a local mat¬ the Federal Government to regulate. In upholding the new Act the court said that "the statute does not purport to control production," as the ground that it aimed, ing taxes, at control of production ter and not within the province of plaintiff had contended. Rather, the court said, "It pur¬ to be solely a regulation of interstate commerce, which it reaches and affects at the throat where tobacco enters the stream of commerce—the marketing warehouse." "The motive of Congress in exerting the power is irrelevant ports to the validity of of control said in answer¬ real purpose of the Act was the the legislation," the court ing the contention that the production. United States Supreme Court Ruling in Case of Joseph D. Strecker important case handed down on April 17 was the decision (six to two) declaring that past membership in the Communist party is not sufficient ground to deport Another Joseph G.. Strecker, an alien1. The Secretary of Labor had ordered Mr. Strecker deported under a 1918 law which pro¬ aliens belonging but the court held this law inapplicable in this case. Importance was attached to the case because of the bearing it will have on the deportation proceedings against Harry Bridges, West Coast longshoreman leader of the Congress of Indus¬ vides Army. for deportation of non-naturalized organizations opposed to organized government, to Organizations, who is an alien. trial Rulings—Constitutionality Court Supreme Governing Utility of Pennsylvania Act Rates Upheld April 17 the United States constitutionality of a Pennsyl¬ vania law under which the State Utility Commission is authorized to fix temporary rates applicable to utility com¬ panies operating within the State. The decision, however, of the Supreme Court (delivered by Justice Reed), failed In decision handed down on a the President asked Congress $32,500,000 for "educational include to reexamination of the 1898 a doctrine of utility requested by the Federal rate base valuations Government. opinion, Justices Black and Frankfurter cliided the court for relying on the old doctrine and failing to heed the Government's request. In advices to the New York "Journal of Commerce" from Washington it was also In separate a said: Acting under authority of an Act State Commission would effect ing procedural return on cation of the the Reversing Justice how to Reed the return depreciation. of the State Legislature of 1937, the rate order prescribing rates which temporary approximately $435,000 in annual gross operat¬ on the grounds that it requirements of due process, failed to permit a fair utility's property, and amounted to confis¬ value of the fair company's property. the the district court, the opinion rendered by there is no requirement'as to be determined, except thdt they shall be eufficint decision of pointed out that under the Act rates a a of of Edison Light & Power Co. court, however, enjoined the order lower violated issued reduction a revenues The of the funds to carry out the these 11 provisions of within the competency of Congress under the power delegated to it by the Constitution." The decision upheld the ruling of the three-judge Federal Court at Macon, Ga., on Oct. 7, 1938, sustaining the'marketing pro¬ visions of the Agricultural Adjustment Act of 1938. It is to be noted that while tobacco was the only crop directly involved in the case, AAA officials on April 17 were said of $31,621,000 supplies some under review Act Supreme Court upheld the April 4. War Department Appropriation A Justice Roberts declared that "the constitute a regulation opinion, the to view a ... President on Jan. 23. William ' marketing case, the United States Supreme Court on April 17 upheld the marketing quotas applied to the tobacco crop of 1938 under the provisions of the Agri¬ cultural Adjustment Act of 1938 creating a system of con¬ In the tobacco completed legislative action on a bill reciprocal taxation of incomes received by Withdrawal of Nomination of 13 of a $1,000,000 in mortgages. additional of Employees gress and the House on April $600,000 United States President Roosevelt the best price. the Senate on April 3 appropriation for continuance of the monopoly investigation by the Temporary National Economic Committee. Approval by the House on April 12 and the Senate on April 27 of the bill to extend the life of the Federal Housing Administration for two years from June 30 (this bill also authorizes the FHA to insure an foreign silver. With world markets for in it Approval by are to given minimum—not less than 5%—on the original cost, less May, 1939] The MONTHLY REVIEW used language in establishment respecting reasonable." the of he statute, permanent added, is similar to provisions which shall "be just £nd resigned April 12 to become executive assistant to Secretary of Commerce Hopkins. * V ' ' - rates , . A. Supreme Court Refuses to Pass W. Weddell Nominated by President Roosevelt Constitutionality of Neu) .York on Spain—Confirmation , Prior Lien Law Alexander The United rule States Supreme Court April 17 refused to on decision invalidating: New York State's prior lien law of 1937, which held as unconstitutional that part of the State Multiple Housing law which provided that a city might make repairs on so-called "old-law" tenements upon the owner disregarded an order to do so, and might reimburse itself by imposing a lien which has priority over others. New York City applied to the ruling of the New York a said the that the law • Roosevelt Bill—Provision as Grants Reserve with benefits in Officers CCC Same in » to Congress on statute book be amended so duty as Civilian the April 20 President Roosevelt recently placed on the to remove all reserve officers Conservation the proviso making them Corps from eligible for the the same retirement and pension privileges as accorded regular offi¬ and enlisted men who may be disabled while on tem¬ cers porary duty. The President signed the defense bill provid¬ ing for expansion of the Army Air Corps on April 3 and the next day took occasion to criticize the "rider" attached to the bill, which he seeks to have repealed. now Harold D. Smith Sworn in Harold D. Smith of the Budget Smith, who succeeds since of was sworn in as formerly Budget Director of Michigan, W. Bell, who had been Acting Director resignation of Lewis W. Douglas in Septem¬ ber, 1934. Dr. • ' • H. A. Morgan Reappointed to TV A Congressional Committee Exonerates by President TVA of A. Morgan Board of of April 27 nominated Dr. Harcourt Knoxville, Tenn., Directors of the for reappointment to the Tennessee Valley Authority. Dr. Morgan, who was named for a nine-year term, became Chairman of the Authority in March, 1938, after the Presi¬ dent had removed Dr. Arthur E. Morgan from his office as Chairman and member of the tumacy." By a vote of Board of Directors for "con¬ 6 to 3, the Joint Congressional Com¬ mittee investigating the Tennessee Valley Authority, in a April 3, after nine months of inquiry and the expenditure of $75,000, exonerated the TVA of charges of inefficiency. The majority report was signed by Senators Donahey (Dem.), Ohio, Chairman; Mead (Dem.), New York; Schwartz (Dem.), Wyoming, and Frazier (Rep.), North Dakota, and Representatives Thomason (Dem.), Texas, and Barden (Dem.), North Carolina. The minority report was signed by Senators Davis report (Rep.), Pennsylvania, and Representatives Jenkins (Rep.), (Rep.), New Jersey. In its report the minority stated that the TVA should be subjected to a "sweeping reorganization." tutional The RooseVelt Nominates William Donald W. Smith M. Leiserson to Succeed NLRD on On April 25 President Roosevelt nominated William M. Leiserson of Ohio as a member of the National Labor Rela¬ tions Board to succeed Donald W. Smith of Pennsylvania. Mr. Leiserson, who is now Chairman of the National Media¬ tion Board, was named for a five-year term dating from Aug. 27, 1938. The President reappointed Mr. Smith to the Board last August over the opposition of the American Federation of Labor leaders. Since the President never sent to the Senate the nomination of Mr. Smith, who has been serving on the Board on a recess appointment, it to withdraw his necessary name Leiserson. Henderson , Named by President Roosevelt for Vacancy on Securities and Exchange Commission named a vacancy on the Commission to created by the appoint¬ ment of former Chairman William O. Douglas to the United States Supreme Court. He was designated for the term ending June 5, 1939. The chairmanship of the SEC is temporarily under the direction of Commissioner Robert E. the on also ' . , that of State new insurance -departments. agencts are subject to the law. The constitutionality of the law had been chal¬ lenged by the Metropolitan Life Insurance Co., which had refused to comply with an order of the Board 16 negotiate with Insurance Agents Union, Local 30, affiliated with the United Office and Professional Workers of America, Con¬ of Industrial Organizations, for the purpose of arriv¬ at a collective bargaining agreement. In Associated The New court, ruling in York City, should hold Dun & Albany, April 11, it reversed Bradstreet similar a election an The court based its determine the reversal, without bargaining agent for its wdrkersj opinion, an City of New York. vs. was stated: by the Rank' of Yorktown, ruling of the Appellate Division that the bank a to brought case on recent a case - , . involving ; Apex Hosiery Co. Awarded Verdict of $711,932 Against C. I. 0, Union in Suit Arising Out of Sit-Down Strike A jury in the Federal District Court April 3 and its week returned verdict a of the American for at $237,310 Philadelphia on damages against Federation of Hosiery Workers President, William Leader, as a result of a sevenstrike in the Philadelphia plant of the "sit-down" Apex Hosiery Co. in 1937. The union in an affiliate of the Congress of Industrial Organizations. Judge William H. Kirkpatrick ordered the named by the jury, verdict fixed at triple the amount $711,932, following motion by,counsel or seeking treble damages under the Sherman Anti-Trust Act. Counsel for the union announced that the verdict and judg¬ ment would be appealed. Threatened Strike of Building Service Employees in NeW York City Averted as Three-Year Agreement Is Signed 1MB The service threatened strike of 20,000 New York City building employees in over 2,000 apartment houses, office and loft buildings was averted on April 22 when the Realty Advisory Board and Local 32-B of the Building Service Em¬ ployees International Union, affiliate of the American Fed¬ eration of Labor, accepted a three-yehr agreement drafted five-member advisory committee appointed by Mayor LaGuardia. The agreement provides wage increases of $1 per week for employees paid by the week and of $4 per by a for employees paid monthly. A reduction of one week in working schedules was also approved.' The Mayor's committee was made up of Arthur S. Meyer, mem¬ hour a ber of the New York State Board of Mediation, Chairman; Rosenberg, New York Regional Director of the Social Security Board; Hugh S. Robertson, Executive Manager of Rockefeller Center; Henry Bruere, President of the Bowery Savings Bank, and Charles G. Edwards, Mrs. Anna President M. of the Central Savings Bank. The strike had April 9, following an impasse over shop, incident to the expiration on April 20 of the three-year agreement. been the impending since closed Newspapers in Wilkes-Barre, Roosevelt Nominates E. P. Warner as Member of Civil Aeronautics Authority President Roosevelt on April 17 nominated Edward P. Warner of Connecticut to be a member of the Civil Aero¬ nautics Authority for the remainder of the term expiring Dec. 31, 1940. Mr. Warner, who is economic and technical adviser of the Aeronautics Authority and a former Assis¬ Secretary of the Navy, succeeds Edward J. Noble, who Pa., Resume Publication After Six- Months' Strike The publication of the three daily newspapers in WilkesBarre, Pa., which had been suspended since Oct. 3 when a strike of the American Newspaper Guild forced suspension, was resumed on April 4. The strike was ended on March 23 with the signing of an agreement, covering all nop-mechanidepartments, between the Guild and the cal publishers of the three papers—the "Times-Leader" and "Evening News," afternoon publications, and "The Record," morning However, members publication until a of the Typographical Contract new with Union paper. held the \ publishers up was agreed upon over the week-end. Barter and Trade There President V of creation held Healey. tant Court was before appointing Mr. Leon Henderson, Executive Secretary of the Temporary National Economic Committee, was nominated on April 24 by President Roosevelt to be a member of the Securities and Exchange Commission. Mr. Henderson was fill ban court month President Leon State on Ohio, and Wolverton not l' • tions Board with functions similar to those of the National Labor Relations Board. The court ruled that formation of the State Board in 1937 did not violate the State consti¬ Branch 1 on : . Appeals at Albany» in a four to three decision on April 11, held valid the State's so-called "Little Wagner Act" creating a State Labor Rela¬ Roosevelt- Charge of Ineffi- ciency President Roosevelt York Press advices from was ' New The Director on I April 27. on York Court of Appeals Upholds State's "Little Wagner Act' Metropolitan Insurance Co. Had Challenged Its Validity—-Court ing Director of the Budget as Michigan Daniel the nation New gress April 15 in the offices of President Roose¬ The President appointed Mr. Smith on March 8. Mr. velt. in Latin America and Europe. Mr. Weddell retired from the service in 1928 but returned in 1933 to accept his present post in Argentina. The Senate confirmed the nomi¬ to National Regular Army message Weddell, Ambassador to Argentina, was. President Roosevelt on April 19 to be Am¬ Also Rules in Action Brought by Bank of Yorktown Repeal "Rider" in asked that the National defense bill on Amendment W. by posts Appeals, which Fourteenth Congress to Defense a of to Spain, succeeding Claude G. Bowers. Mr. Wed¬ dell, who is from Richmond, Va., is a career diplomat, hav-, ing entered the service in 1908. He has served in many * Asks Benefits In the Court Ambassador as by Senate bassador to Sppreme Court from State violated Constitution. President nominated a if 3 were notable international developments during April with respect to the reciprocal trade program which is steadily being fostered by Secretary of-State Cordell Hull, and also regarding the tendency toward bar¬ some ter arrangements Mr. Hull of another with Dr. was his A in many announce reciprocal name. Walther evident able to pact bitter Funk, the in on the attack new on parts of the world. April 1 the conclusion long series the United President of the associated States by Reiclisbank, fc1 MONTHLY REVIEW 4 in which Mr. Hull declared intention of conducting trade on the principles of equality and mutual profit, indefinitely. But, oddly enough, the barter principle thereafter gained official sponsorship in Washington, with regard to the huge American oversupplies of cotton and'wheat. It. was pro¬ posed that large portions of such supplies be exchanged for the rubber and tin produced by British Empire units, the Netherlands and Belgium. Such exchanges, it was in¬ sisted, would be no genuine departure from the reciprocal trade principles, since the supplies exchanged would be held out of the market and stored for war emergency use. The hollow political expediency of such measures cannot be obscured, of course, by justifications based upon war fears. The newest trade agreement on the reciprocal pattern was announced with Turkey, and it becomes effective May 5. Modest import duty reductions are made on almost all dutiable products originating in that Near Eastern coun¬ try. The Turkish Government, in turn, makes cdncessions on a larger scale on imports of typically American prod¬ ucts. The arrangement is compensatory, in that Turkish duty reductions will be rather sharp 011 a small volume of imports from the United States, while American duty re¬ occasioned rejoinder tart a country has every this that ductions modest are smaller a on tory be to generalized under the most-favored-nation since Mr. Hull em¬ increasing international trade in order to lessen political tension. The acrimonious exchange between Dr. Funk and Mr. principle, is the twenty-first negotiated barked on his program of just as the Turkish treaty was completed. address before the Iteiclisbank Board, of the unceasing flow of gold into the already over¬ filled vaults of the United States. The gold-impoverished nations of the Old World find the foundations of their currencies tottering and their balances of payment shat¬ tered, "he said. The world will either yield to the might of American gold or accept the new (barter) methods of "young, vigorous, striving nations," Dr. Funk held. Mr. Hull replied on April 3 that the obstacles faced by German Hull took place Funk complained, in an Dr. "authoritative White House spokesman," who Roosevelt himself, as saying that the political safety and economic well-being of America were made less secure by this and other extensions of totalitarian aggressions. With the express approval of the President, Secretary Hull issued a formal statement along the same lines. When he left Warm Springs, on April 9, Mr. Roose¬ velt remarked cryptically that he would be back in the fail "if we don't have a war." Use of the collective pronoun promptly raised the question whether "we" will be in any new war that develops in Europe, and Mr. Roosevelt re¬ ferred questioners approvingly to an editorial in the Wash¬ ington "Post," which declared that use of the pronoun was premeditated and indicated that it carried a warning to the effect that the tremendous force of the United States must be a factor in the calculations of the Rome-Berlin axis. The incident made it ever clearer that Mr. Roosevelt labors under increasing tendencies to meddle in European affairs. On April 14 this was again made apparent in the course of an address by the President before the Pan-American Union, in which he declared that the United States will extend both military and economic support to all American nations, so that none may feel constrained to surrender any fraction of its sovereign freedom to maintain its economic welfare. Remarking that we, too, have a stake in world affairs, Mr. Roosevelt saw 110 fatality which forces the Old World toward new catastrophe. After deprecatory ref¬ erences to recent pronouncements by Senor Mussolini and Herr Hitler, the President remarked that "the truest de¬ fense of the peace of our hemisphere must always lie in the hope that our sister nations beyond the seas will break the bonds of the ideas which constrain them toward per¬ petual warfare." This comment was interpreted widely as an invitation to the German and Italian peoples to throw off the yokes of their dictatorial regimes. the quoted Some new principles, intended to deal with the foreign exchange difficulties encountered almost every¬ where, are embodied in the accord. The Turkish authori¬ ties agree to make available, within specified limitations, foreign exchange for payment of imports from the United States. There was, Of course, no need of comparable assur¬ ances from our own Government. The treaty with Turkey, is statements from the Administration. President Roose¬ sojourning at Warm Springs, Ga., when the Italian was made, and dispatches from that point promptly velt was move Turkey., which Chancellor Hitler Mussolini merely culminate that endeavor. The sudden military occupation by Italy of its satellite State of Albania set off a flood of condemnatory and mina¬ imports from total of and the public exchanges with the trend, and Premier could be Mr. only The President's Message Mr. Roosevelt to the German and Italian made public 011 April 15, only a few hours i The appeal by dictators was It appears, more¬ made even before receipt of tries, are entirely the result of German policy and prac¬ the document by the German Chancellor, which is a de¬ tices, he pointed out. "The German authorities seem able parture in international etiquette. The setting for the to trade only on their own terms as they dictate them, and message comprised not only the strained situation in by their own methods as they shape them," the Secretary Europe and the many previous declarations by the Presi¬ continued. "American trade cannot satisfactorily fit itself dent, but also a move of military strategy of considerable into the crevices of German needs left by the barter arrange¬ importance. Orders were issued suddenly and without ex¬ ments that Germany has already executed with other coun¬ planation, on April 15, for the immediate return of the tries. It does not have to, nor would its interests be main fleet of the United States Navy to its normal station served by so doing." in the Pacific. The principal naval units had been in the All the more striking, in view of this exchange, was the Caribbean for maneuvers, and the intention was to permit sudden decision of the Roosevelt Administration to attempt the fleet to visit New York in connection with the opening a solution of the cotton and wheat surplus problem by a of the World's Fair. The order for prompt return of the barter understanding with the British, Dutch and Belgian fleet to the Pacific was held to be inextricably intertwined authorities. The suggestion was advanced on April 10, with the international strain. It was interpreted widely with the tentative approval of Mr. Roosevelt and Secretary as a warning to Japan that the United States Navy intends Hull, that 2,000,000 bales of our cotton and up to 100,000,000 to keep watch in the Pacific against aggressive moves bushels of carryover wheat be exchanged for comparable against the Philippines, or the British and Dutch posses¬ values of rubber and tin. At first it was indicated merely sions, while the British and French fleets are occupied in that this would make possible the storing of strategic ma¬ European waters. This interpretation may or may not be terials in the United States, and there was no indication correct. It is noteworthy and instructive, however, that a that the American cotton and wheat would similarly be hypothesis can plausibly be advanced which presupposes held off the markets of the world. Apprehensions on this not only political but also military integration of American score quickly were cleared up by a statement, on April 14, policy with British and French aims. in which the State Department explained that the exchange Publication was made only of the note to Chancellor of products would be only for reserve storage, in both cases. Hitler, which was sent forth on April 15, but it was trade It in was the United the States, compared with other coun¬ as its over, that denied^ that the plan can properly be compared with commercial barter deals to which the Gdrman which and Italian dictators for pledges exhorta- might be followed, if forthcoming, ference for the reduction of armaments of world trade. President by a of the weight influence is subject but it to various interpretations. Mr. Roosevelt convinced that his intervention in foreign con¬ avert the threatening world war. But it also well may be cerns is can true that States his attention to such concerns has increased public consumption, ever since the United again found itself suddenly plunged into deep de¬ markedly, for pression conditions, late in 1937. The "quarantine" speech which Mr. Roosevelt directed against aggressor govern¬ ments at Chicago, in October, 1937, marked the st^arjt of at the moment, would was actually were on the Mr. Roosevelt suggested that the time suffering involve "message." President continued, Conflict, he said, by victor nations, vanquished na¬ neutral nations, alike. and tions of step can only be considered of the gravest possible moment, Mussolini the people might be appropriate for his world con¬ and the promotion and Premier so. wreeks, and to the fact that no troops the United States into the European crisis, and plainly set American policy on a course that is quite the opposite of the traditional avoidance of European entanglements. The all to move peace, In this sudden and dramatic maneuver the projected to message virtually the cern tions\to other countries by appealing in direct messages to the or possibility of a conflict are of definite con¬ of the United States and to the entire Western Hemisphere. Alluding to the tension of previous and April 15 climaxed his long series of pronouncements on foreign affairs and his many the was The world-wide fear of war¬ fare was mentioned by Mr. Roosevelt in the communi¬ cation. He remarked that the existence of the fear American Foreign Policy 011 that identical, program. Roosevelt President publication indicated Department steadily has objected, or that it would affect the reciprocal trade agreements dispatch to Berlin and Rome. after "I refuse to believe," the "that the world is, of necessity, such a prisoner of destiny. On the contrary, it is clear that the leaders of great nations have it in their power to liberate their peoples from .1 that clear in the disaster that impends. It is equally own minds and their own hearts the their peoples themselves desire that their own fears be ended." But recent events, Mr. Roosevelt pointed out, involved the destruction of three nations in Europe and one in Africa, while a vast territory in another independent State of the And rumored, Mr. Roosevelt said. Plainly, he argued, the world is moving toward the moment Far East been has further acts of occupied by a neighboring State. aggression are when this situation must end in rational way catastrophe, unless a more of guiding events is found. Roosevelt of his Chancellor Hitler was reminded by Mr. and people frequent assertions that the German Government have "If this is true there need be no desire for war. no 5 MONTHLY REVIEW May, 1939] "Nothing can persuade the war," the message continued. message side of align the United States definitely on one to was the Premier Mussolini brewing European conflict. respond to the President, but he did it in informal manner which left the way open for a more the first to was an people of the earth that any governing power lias any right or need to inflict the consequences of war on its own or suitable rejoinder. Chancellor Hitler engaged in a vigorous declaration his home speak not through selfishness or fear or weakness. If we speak now it is with the voice of strength and with friendship hours other people save in the cause of self-evident defense. In making this statement we as Americans any It mankind. for still is clear to international that me problems can be solved at the council table. It is therefore no answer to the plea for peaceful discussion for one side to plead unless that they receive assurances beforehand th4 verdict will be theirs they will not lay aside their arms. In conference rooms, as in courts, it is necessary that both sides enter upon the discussion in good faith, assuming that substantial justice will accrue to both; and it is customary and necessary that they leave their arms outside the room where they confer. I am convinced that the cause of world peace would be greatly advanced if the that nations of the world were to obtain a frank statement relat¬ Be¬ of the ing to the present and future policy of governments. United the nations Western Hemisphere, is not involved in the immediate con¬ cause troversies States, have which as arisen in the of one trust that you may be willing to make such a statement of policy to me as the head of a nation far removed from Europe in order that I, acting only with the responsibility and obligation of Europe, I friendly intermediary, may communicate such declara¬ a tion other to nations apprehensive now the course to as specific and request was made in the that German forces will not attack point-blank for assurances message invade the or territory possessions of Finland, Estonia, or Latvia, Lithuania, Sweden, Norway, Denmark, The Nether¬ lands, Belgium, Great Britain and Ireland, Hungary, Iran. the Yugoslavia, Rumania, Iraq, Turkey, Such Roosevelt said. also other by and of "Reciprocal quarter of a named, and non-aggression such assurances a Receipt of such transmission governments assurances Mr. 10-year period He suggested, accordingly, a followed be sufficiently long to permanent more a look that far ahead." dare we future to a for assured non-aggression, will Greece, Syria, Palestine, Egypt and clearly must apply not only to assurance opportunity every Russia, Bulgaria, Arabias, the an present-day, but give of France, Portu¬ Spain, Switzerland, Liechtenstein, Luxemburg, Poland, gal, as peace, century "if assurances of the statement for requests the to comparable the part of those regimes. on I have outlined will to the world an immediate measure of and lasting Reichstag, than more two the usual exhaustive and trying manner of the German spokesman. Both answers were largely pacific, and both were ironic in the extreme. The German Chancellor, however, offered to guarantee the borders of each and every State named by Mr. reviewing all events of aspects in Roosevelt, provided such countries made direct appeals for guaranties and indicated reciprocal tendencies. modest extent something may have been gained Roosevelt But appeal. Hitler Herr To this the the by denounced also iPolish-German pact of non-aggression and limitation naval introduced in accord, the European situation. Premier Mussolini made velt tentative a April 20, when he addressed on who gathered to celebrate ers Rome near added the as that "the first too of his follow¬ He referred to the meeting of act many reply to Mr. Roose¬ group a the start of construction for Italian world's fair in 1942. an the Anglo-German uncertainties were fresh that so but mobilization, great a who, persons beyond fron¬ our tiers, abandon themselves to the hysterics of the present moment, should not be alarmed at the sound of this word." Only pacific and civil mobilization is represented by the the fair grounds, II Duce said. If there were Italian intentions of aggression,, the task of organizing a workers at any a fair on a vast scale and of inviting other nations to par¬ ticipate would not be undertaken, he said, and in view of this the Italian dictator thought it which the policy of your Government may take." The before maintained. He proposed, moreover, that two essential problems be discussed promptly, if the assurances are forth¬ coming. Such discussions, the note revealed, relate to the most effective and immediate manner in which relief "No less absurd," he continued, "is the system 10-year guaranties, as well as the pyramidal errors of geography made by individuals who lack a rudimentary knowledge of European affairs. So far as the idea of an accused. of arch-conference States might would observer, is concerned, limit itself pants the that customary larger the reply is sent to the famous the role this connection is the certain it is to fail. more which in one its to our experience in memory—namely, United of distant a bitter very number of Whether partici¬ not or any I could not miss this message, occasion to reaffirm that the policy of Rome and of the inspired by the criteria of peace and collaboration." axis is Italy will not be oppressed, II Duce added, by "press cam¬ paigns, convivial gossip or Messiah-like messages, because feel we we have tranquil conscience and enough peace." a to defend means pacific, reply and men our Chancellor Hitler made his bring relief," the President highly unjust to attempt place the Rome-Berlin axis Powers on the bench of the to in lengthy a formal, but also largely before the specially more address assembled Reichstag on April 28. The more important parts of the address were directed to the rapidly changing Euro¬ pean scene, but the message from Mr. Roosevelt was given point by point analysis from the German aspect of affairs. international At the end of his interminable speech, Herr Hitler engaged in a long sequence of highly sarcastic references to Mr. to the end that every nation of the earth may be enabled to buy and sell on equal terms in the world market as well as to possess assurances of obtaining the materials Roosevelt, based on a comparison of the achievements of the two rulers, who assumed their high offices at approxi¬ mately the same time, in 1933. Der Fuehrer contrasted be obtained practical from the of manner armaments opening burden, up and to of avenues the most trade with what and products of peaceful economic life. With unanimity a that is far from Britain, France and other nations that surprising, are Great aligning them¬ hearers Germany, doubt seemed no the improvement and the indicating that late Reichstag because April 15 a statement expressing "cordial approval" and "entirely endorsing" the implied estimate of the inter¬ on national situation. lar and dier somewhat The reaction in France was Premier quite simi¬ Edouard Dala- reported to have assured Ambassador William C. was Bullitt of the immense stand taken tators realistic. more satisfaction of his country with the by Mr. Roosevelt. refuse," "In the event the two dic¬ tion he leader said, gestures. in continent cited since Germany was world-wide fear of of that Great Britain those nations which of acclaim ment was from the augmented Michael dent and are France on a in position offering subject to aggression." atati-axis Kalinin take side of April 16 by of the a the similar to to support The chorus European align¬ message from Presi¬ Russian Herr in cerned agitation dacious on it and not the war the and American controlled were press addressed likewise of the two by Mr. were laudatory. countries whose But dictators Roosevelt speaking the communica¬ It is not press. years, Roosevelt wars American in the German plea for peaceful on the European struggles, In any. part of is base." attributed the press, by the to adding the same con¬ the solely to "unbridled an agitation as men¬ He called upon responsible govern¬ everywhere to "impose upon themselves and their journalistic organs the necessary restraint and truthful¬ ments ness one regards man as the relations of another, and in particular so alarm Mr. as the various countries to regards internal happen¬ The serious consequences of war are best known to the Ger¬ Roosevelt people, Herr Hitler contended, owing to the impossible on the Reich by the Versailles settlement. burdens placed All of his own settlements have been carried out without military clashes, Herr Hitler stated, and he added that he is unaware of any threat of German breaches of the peace. suggested by retorts that the communication had been wrolig address, while the Italian press described He professed inability to understand why responsible lead¬ ers, instead of cultivating good The negative sent to the the recent United address viewed the message far reaction of the German Reich differently. was countries the was which Latin in the declared, the United States was military interventions. The reason for ings in other countries." Official of American concerned tive finds echo in the hearts of the Russian people. unofficial communications from virtually all the numerous Soviet Union, who conveyed to Mr. Roosevelt his deep sympathy and cordial congratulations, along with the assurance that the initia¬ a warm his started Hitler six as to the 1919 States without hesitation, He method war impoverished of received answer He period, will, the of only after having read about it in the Paris dispatch to the New York "Times" remarked, "it is accepted here as inevitable that the United a took he affairs difficulties realm. the Reich that has made that the continuing States in the economic selves in the so-called anti-Hitler bloc greeted the presiden¬ tial message jubilantly. The British Government issued devastating wit to his German in maneuver Hitler issued as "unworthy and grotesque." Chancellor April 17 a call for a special session of the German Reichhstag for April 28. when he expected to make his formal reply to Mr. Roosevelt. on The Dictators Reply Negative answers made by Chancellor Hitler and Premier Mussolini to the quixotic appeal by Mr. Roosevelt, and it soon appeared that the only real result of the were relations, make them difficult by recalling Ambassadors. In reply to Mr. Roosevelt's comment in ^ that three more nations Europe and existence one in Africa have seen their independent terminated, Herr Hitler declared that the three European States merely Reich. The nation in were reincorporated in the German Africa which lost its freedom, he said, merely is another among those which have been made subject to the soveregnty of other nations by bloody force. The rumors that further acts of aggression are contem- MONTHLY REVIEW if it felt "unhappy, anxious and uncertain about Ger¬ plated, which Mr. ance unfounded insinuations. many's future intentions." Roosevelt mentioned,' were .denied, as "If Mr. Roosevelt really has any specific instances in mind," Herr Hitler said, "I would ask threatened with aggres¬ him to name the States which are and to sion question. the aggressor in name It will then possible!to refute these monstrous general accusations by brief statements." To Mr. Roosevelt's request for a antee were Herr Hitler remarked that the of statement If such affairs. Germany to request right by an equal American implied move a policy with respect to foreign German request were made, for instance, a respect to Latin America, the United States doubtless would refer to the Monroe Doctrine and decline to comply. with Germans support a similar doctrine for Europe, and above all for the territory and the interests of the German "We But the German Govern¬ intention of attempting such a tactless move, Reich," Herr Hitler commented. ment has no did not include the strings to the guarantee. could be taken in this there were no that fresh Before be statement of German policy, Rumors that the British guar¬ Corridor and' Danzig squelched by Mr. Chamberlain, who stated specifically Poland to developing Premier Mussolini stepped into the picture. troops suddenly were landed on April 7 at four steps situation, Italian points in Albania and the military conquest of that small satellite of Italy began. Little opposition was encountered by the mechanized troops of the Italian dictator, who were supported by naval units and a fleet of 400 circling air¬ Some sporadic fighting occurred, however, and planes. few fatalities score occurred; As the invasion a began, Signor Mussolini issued an announcement that threatening had developed against Italian residents of demonstrations small the and this country, statement apparently was re¬ sufficient reason for snuffing Albania out of King Zog and his entourage fled from Tirana, / ' ■ * ■ ' ■ Herr Hitler posed the question how Mr. Roosevelt has learned which nations consider themselves threatened by garded as Germany and which do not. In answer to the request for assurances that Germany will not with armed forces invade Italian pressed rapidly through the small country, which found its capital in the hands of the invaders hardly 31 more he added. a existence. Albanian the capital, found and refuge in Greece. The forces the trouble to ascertain from the States mentioned whether Italian 24 hours after the start of the campaign. The Foreign Minister, Count Galeazzo Ciano, arrived at they felt themselves threatened, and whether the inquiry by America was made at their suggestion or with, their Tirana promptly, by airplane, and organized specific nations, Herr Hitler remarked that he had taken consent. The instances strongly in all cases negative, in some Herr Hitler declared. Of some of mentioned inquiries could not be made, he States the pointed reply because they are not in possession out, freedom and of their occupied by the military agents of demo¬ are After States. cratic was so, some rule over Ireland and sarcastic references British to Palestine, and the fact that of some Roosevelt are 2,000 to 5,000 kilometers away from the Reich. Herr Hitler nevertheless offered to give assurances of the kind suggested by the provided President, they were requested directly by the The German dictator added that he did States concerned. not like to permit the diate the assurances States other that opportunity to pass to provide imme¬ regarding the United States itself and of the American continent. Germany contemplates attacks labeled "rank frauds as on and gross Assertions the Americas were untruths," which could only have their origin in a stupid imagination. The con¬ suggestion by Mr. Roosevelt was turned down in a ference long and bitter explanation of the treatment of the Reich at Versailles and the endeavors by Herr Hitler's predeces¬ to sors and that rectify in treatment subsequent conferences the League of Nations. in Europe's Endless Crisis during April, to arouse the gravest misgivings as to con¬ tinuance of the precarious peace the among of that continent. An¬ Great Britain nounced March 31. countries an¬ It also suggested joint penetration the partners of the Rome-Berlin The British guarantee of Poland was augmented by axis. a on Balkan of Chamberlain similar in were Turkey move by with respect to Rumania, and conversations throughout April for adding Russia and the Grand Alliance against aggression. Most progress to significant was the announcement in London that the British Government will resort to conscription order to augment the bloc. The April 26 on British in military strength of the anti-aggressor budgetary presentation of the previous day was almost equally important, since it reflected a pro¬ digious increase of arms expenditures. Apparently unawed by the British Chancellor moves, chiefly Hitler continued his denouncing by the naval pact with Great Britain and the anti-aggression treaty with Poland. maneuvers, of other opinions The initiative passed to London made his historic Poland. on in will be his next this problem. European diplomatic on March 31, when announcement of a aim, regardless Mr. plainly Chamberlain border guarantee for Having announced the portentous decision to list Great Mr. Chamberlain Britain directly proceeded British influence, in Eastern calmly to European extend notwithstanding German the press en¬ affairs, area of warnings that the Reich would not wait to From all European the desperate be encircled, as in 1914. capitals indications were available of efforts being made to align key countries side or the other of the two great groups. Hitler declared at Wilhelmshaven, on April 1, one on Chancellor that "satel¬ get their fingers burnt if they tried to pull England's chestnuts out of the fire. Stating in so many words that a policy of encirclement could not be lite States" would .tolerated by the Reich, Herr Hitler challenged Great Britain to an armed test and assured the world that Ger¬ preparations are ample for any clash. Mr. Chamber¬ replied on April 3, in a Commons speech which held out an invitation for any country to join the Grand Alli¬ man lain next move, jointly, developments were accompanied by The German Government announced on April 13 would hold its spring maneuvers off the Spanish coast in the Mediterranean. Diplomatic activity of unparalleled intensity followed, its Navy It immediate few was view to Russia incidents of im¬ great indicated in London that conversations in progress with were a in resulted portance. Russian and Turkish officials, with adding those countries appeared to hesitate, the to Grand Alliance. the reported ground that on Anglo-French guarantee of Siberian territorial integrity desired by Moscow as the price for entry into the an wras combination against for the allegiance was aloof, time the Turkey aggressors. held also being, and the contest for Turkish illustrated late in April by the German ap¬ pointment of Franz von Papen as Ambassador to that coun¬ The German-Italian coalition was said to have made try. good deal of progress toward adding Yugoslavia to their orbit, and this was not denied at Belgrade. The Yugo¬ slav Foreign Minister, Alexander Cincar-Markovitch, con¬ ferred in Italy with officials of that country, and in Bel¬ grade it was stated that Yugoslavia must be friendly with a its neighbors. Gafencu, gore The Rumanian conferred authorities. directly affairs the of armed forces throughout Europe. The British Mediterranean fleet was shifted eastward to Malta, and the French fleet took up the patrol of the straits off British Reich ominous These of the made rapid increases all in France quest of Albania by Italy, but refused to denounce the Anglo-Italian pact. In Paris a blunt statement was issued by Premier Edouard Daladier regarding the new guaran¬ ties and the readiness of France for all military emergen¬ The latter step was a most ominous one, since Der Fuehrer also made it plain that reincorporation of the Free City Danzig and a but Neville was pacific settlement of differences with other countries. specially convened session of the British Parliament, Mr. Chamberlain announced these guaranties, which became effective immediately and were based on the eventuality of "any action being taken which clearly threatens the independence of Greece and Rumania and which the Greek and Rumanian Governments, respectively, consider it vital to defend with their national forces," In his address to the House of Commons, Mr. Chamberlain dwelt on the con¬ To Italian solidarity it afforded in the face of the new British Minister Albania the Gibraltar. Prime of pact with Poland, the new arrangements left loopholes for that which occupation by announcing on April 13 an intention to guarantee the territorial integrity of Rumania and of Greece. Like the April 7 and rapidly added that country to his expanding realm. This measure was of significance chiefly because of the indication of German- policy, provisional opposition a meaningless dictators. his Italian on tribes, mountain and the Balkan countries the solidarity of the Rome-Berlin and the danger of opposing the aims of the two upon axis other small State disappeared when Premier Mussolini sent legions to Albania scattered for completed by April 9. The small country has few resources, other than modest supplies of low grade oil, and it was recognized that the real intent of the move was to impress cies. International developments in Europe were of a nature, Save regime. mentioned by Mr. States the than under The startling Lithuania German Foreign successively with appeared economic Gri- Minister, German to domination. be and moving British announcements as to budgetary outlays for defense and for British conscription in peace¬ time followed ment year last on indicated will be nounced no Far year. on April 25 and 26. that The budgetary state¬ defense outlays in the current fiscal less than £650,000,000 against £400,000,000 more startling still was the decision an¬ April 26 that compulsory military service would be introduced in order to place England on a basis. "We are not at war now," said Mr. better defense Chamberlain, "but when every country is training all its resources for war, when confidence in the maintenance of peace is being undermined and everyone knows that if war comes we might pass into it not in a matter of weeks but of hours, no one can pretend that this is peace-time in any sense in which the term could fairly be used." The intention, it was indicated, is to call to the colors men between the ages of 20 and 21, with a training period of six months to follow. The move is temporary and may possibly be aban¬ doned was if and when the current difficulties calculated that something more than diminish. 300,000 men It can MONTHLY REVIEW 200,000 about to men rejec¬ proposal, with the usual be called annually under the likely to reduce the actual draft year. Mr. Chamberlain urged tions for military unfitness a adoption of conscription as an indication of Great Britain s determination to share fully in the anti-aggression cam¬ paign. German spokesmen affected to be little concerned regarding the British move toward conscription, which they described as "subsidized athletics" because of the- short view was taken. modest gestures of friendliness toward Germany, through dispatch of their respective Ambassadors back to their Berlin posts. Sir Nevile Henderson went back to Berlin on April 24 to resume his duties at the British Embassy there, and Robert Coulondre resumed his French duties immediately there¬ after. But such steps apparently failed to impress the German authorities, who still smarted under the with¬ drawals of Ambassadors after the absorption of Bohemia and Moravia. Sir Nevile was forced to cool his heels for several days before German Foreign Office officials con¬ sented to receive him. • It was indicated in London that the return of Sir NeYile was not in any sense a resumption of the appeasement aims of Prime Minister Chamberlain, but was merely a step that the Ambassador himself thought appropriate in the interests of peace. France obviously training period. In Italy a more sober Great Britain and France made content was follow to British the There was precedent. Washington, however, of a similar return to the usual status of ambassadorial representation. indication in no Chancellor endeavored Hitler again once German initiative in European affairs to the assume in the course of his The dent Roosevelt. from Presi¬ important parts of that address more than to answer¬ directed to European concerns, rather were The German Chancellor an¬ decisions. He denounced the Anglo- President. ing the American nounced several grave German naval treaty whereunder German warship construc¬ tion is limited to 35% of the British fleet, citing "war-mongering" the the and he asserted, now is the British aim. which, likewise made known was German-Polish pact of the that his rea¬ as encirclement The decision of policy friendship signed in 1934 will be ended, owing to additions to the Polish armed forces and the rejection by Warsaw of proposals for settlement of the Corridor and Danzig prob¬ As lems. previous on that there are Herr occasions, Hitler reiterated territorial no questions outstanding between On England the only demand Ger¬ Germany and France. has to make is for return of the colonies seized many by Great Britain in the World War settlement, but Herr Hitler that this could never become a question for armed stated conflict with termination Britain. Great of the He added, Anglo-German naval that moreover, pact not was of great practical importance and indicated matter a will¬ a ingness to discuss armaments with London. On Polish the conciliatory, sidered and this and ominous Government colors question in has has part its German the was less address must be con¬ Because the Polish his of dictator implications. called large numbers rejected what he called of a troops to the just solution of Danzig said and (Polish corridor difficulties, Herr Hitler regarded the 1934 10-year pact of non-aggression he terminated. "Poland, like Czechoslovakia a year ago, be¬ lieves under the pressure of a lying international campaign, that it must call up troops, although Germany on her part has not called up a single man and has no thought of pro¬ ceeding in any Details of closed. These against Poland," Der Fuehrer declared. way the proposed include settlement thereupon were for and proper Poland, countries East Prussia, acceptance of free harbor a present boundaries at of Danzig the two 25-year treaty of non-aggression, and independence by Germany, Poland and Hungary. Nations like Poland and Germany, which must live side by side, would be well advised not a to final, as guarantee make of life needlessly, a Slovakian still harder Herr Hitler for each othej^trtifically and remarked. tion rearmament which Chancellor dominated of made before the London cies it of the for the the situation regime budgetary presenta¬ Exchequer Parliament international advisable the on Sir John April 25. apparently headed by budget and to resort to deficit financing Tax increases Chancellor, rising cated of various sorts were on a Simon Exigen¬ have Prime Neville Chamberlain to abandon all pretense of a made Minister balanced huge scale. announced by the but will fall far "short of meeting the rapidly requirements. Regretfully, Sir John indi¬ defense that no less than £3S0,000,000 "of expenditures for which began April 1 will be met through defense With the principle of conscription finally adopted, the year loans. as amortization, while revenues totaled £927,285,000 after inclusion of the. receipts from borrowings. For the current fiscal year, however, expendi¬ tures are estimated at no less than £1,322,000,000, with tax revenues placed at £942,000,000 and borrowings at £380,The 000,000. for the reason deplored the "cruel necessity which transforms our and increases our borrowing." The burden is one of 27y2% imposts bile was Death vanced. announced on tobacco and sugar. Automo¬ are to be increased precipitously, begin¬ were license taxes entirely new excise levy was photographic plates and films. The only concession was a small reduction in the tax on theater tickets. "The budget had an unmisakable soak-the-rich flavor," said a London dispatch to the New York "Times," "as if to make conscription more palatable to the working people of the country." 1, and Jan. next ning • an announced in the form of« a tax on French Finances placed on the backs of the Fresh financial burdens were series of Reynaud, under the authority granted by the Parliament. Increased taxes of 15,000,000,000 francs were announced, in the name of "peace and liberty," while the normal working week hard-pressed people of France, on April 21, by a decrees announced by Finance Minister Paul extended was 45 to hours from 40 hours. To degree a to be little more than a rectification of extremes introduced by the People's Front regimes whichi the measures appear displaced by Premier Edouard Daladier and his were But ates. associ¬ strictly financial decrees represent further- the attempts to meet the extraordinary demands of the French, defense burdens. In extending the normal working week and indicating that extra pay with after the 46th M. hour, for overtime will start here¬ Reynaud pointed out that population only of 40,000,000, whereas the German nation now consists of 86,000,000 people who wTork has France a to 60 hours a week in munitions factories. up able As an "arma¬ tax," M. Reynaud announced a 1% sales levy, applic¬ ments to Taxes on profits everything but bread and milk. resulting from the armaments requirements of France were raised virtually to the level of confiscation. Certain modi¬ were made, on the other hand, in license fees of traders and in inheritance duties of agricultural land¬ fications M. Reynaud also indicated that Government costs owners. would be reduced through reduction of the number of Inflation would result if such measures employees. not adopted, civil were Finance Minister warned. He referred the strength of the franc in exchange the satisfaction to with and stated that the gold reserves of the French markets, stabilization fund the of of transfer France. M. had grown to a degree making possible 5,000,000,000 francs of metal to the Bank Reynaud would be announced also indicated that a new loan soon. Spanish Reconstruction Only the modest beginnings were made in Spain, during April, toward that end of reconstruction which now is most imperative after the great civil so late in March in General the a Francisco war which terminated complete victory for the fascist leader, Franco. Spanish conflict International interventions appear for the time being in to remain despite the enormous needs of the Spanish There were rumors current continually that the fascist army of 1,000,000 men will be demobilized slowly, paramount, people. if at all to any large extent, owing to vague plans for Gibraltar, the consolidation of Portugal with Spain, and even for movements against France. Actually, on General Franco ordered the demobilization of 200,000 men, and it must also be noted that he rushed food to the suf¬ fering people of Madrid. Orders were issued for restora¬ tion of all property to former King Alfonso and other mem¬ bers of the royal family. The people of Spain were said to be exceedingly anxious for but they persons given were a instead return a to normal long series of existence, trials suspected of aiding the Republican defense. of With¬ of the Italian troops and the German technical ex¬ perts from Spain remained an unsolved problem, which con¬ drawal tributed to the international troops possibly will return to uncertainty. • The foreign their own countries after a victory parade in Madrid. Far East Far Eastern affairs Sino-Japanese the Japanese conflict and ently deepened. units ' V which added, as he proceeded to tax increases. The basic income tax rate left unchanged, but surtax rates were ad¬ duties were marked upward, and additional various outline budget share,, he must nation the all announced April 2G by Mr. Chamberlain, some question exists as to whether even the large borrowings already scheduled will suffice. During the fiscal year which ended March 31, last, new money borrowing by the Government amounted to £128,050,000, which raised the debt to £8,163,000,000. This prodigious sum nl>w is to be raised even sharply increase was made apparent by the Chancellor in a statement that defense outlays amounted to approximately £400,000,000 last year, but would be raised this year to £630,000,000. Sir John attacks British Budget British £939,990,000, expenditures amounted to year dis¬ the reincorporation of Danzig as a Free State within the German Reich, a sovereign German highway and rail route across the corridor to connect Ger¬ many previous including £13,219,181 of debt directed in part to answering the message was the the of the great years which speech before the German Reichstag on April 28, son government which, through the depression, stood steadfastly by the principle of the balanced budget. The budget presented by Sir John Simon for the current British fiscal year is a grim document in many*n higher by the only leading bitter • of the were little changed in April, as the continued Russian and The sudden order for American animosities Governments a were between not appar¬ return of the main Navy to Pacific stations doubtless 8 MONTHLY KEVIEW reflected official views in Washington of the dubious bilities of fresh incidents, hut no vouchsafed. In undeclared the possi¬ official explanations were Sino-Japanese the war de- denfers appeared to be on the offensive, with new tactics designed to meet the situation brought about by the mechan¬ of ization the Japanese forces. of adequate lack that and artillery made It long has been apparent airplanes, against defenses tanks Chinese retreat before With the season for the Chinese deployed their so that the Japanese could against which they might the necessary relatively small Japanese contingents. military operations again open, forces thinly over find The move. the of Chinese troops advanced toward long lines Japanese-held made and areas various places. in vast area, a concentrations troop no considerable progress Important points, however, usually were by the aggressors without much trouble, since their mechanized equipment could be utilized in such in¬ stances. Chinese guerrilla operations behind the Japanese lines were augmented steadily. recaptured Trade—Non-Ferrous Metals Steel ended lished trade steel with duction, showed steel downward a trend in steel pro¬ the adopt constructive in stock the for a the coal having a market, and even continuing of in some to During April steel of re¬ the month) with measures so dipping are curtailing or is steel steel output has been concerns A dozen into production of blast furnaces have to conserve coke and coal, for steel products. some dwindling in situation, conservation on and steel banked, or because steel coal put cases semi-finished been blown out the influence ingots proportionately. others earlier started on So far this but stocks of improvement in steel and tie-up (which marked* effect effect. small, toward business, weakness the weather were to blame On April 27 the same publication said, in part: companies into policy apparent halting lated lines. "The failure demand of the steel companies have been living backlogs accumulated in March or earlier, but partly off buying has some been largely of hand-to-moutli character, indi¬ cating that May output will be sustained only to the degree that consumers and distributors actually need steel for current requirements. decline.- As cepting one is usual in some for isolated cases being that few reason In offer. the midst as time a looking sharply are ers the so, generally low may serve are to Even a fact that cushion inventories against like the present, concessions prices are a sharp steel buy¬ in prices, but ex¬ holding fairly well, buyers have attractive tonnage of general uncertainty which the steel industry attributes to inaction at Washington as much as to war fears, there are some branches of the steel con¬ suming industry which are maintaining undiminished activity, which among manufacturers are of household equipment, tractors, road machinery, tin cans and machine tools. The automobile industry, although holding to a steadily good volume of assemblies, has become a relatively unimportant factor in steel at the moment. Construction work, being stimulated by Government spending, is a main support of steel production. Railway buying is spotty, but has not disappeared." The "Iron Age" composite price of steel scrap, after rising to $15.29 a gross ton on March 28 last (the highest level since October, 1937), broke sharply during the month under review, dropping to $15.25 on April 4, to $15.08 on April 11, to $14.42 on April IS, and to $14.33 on April 25, which latter figure compares with $11.92 in effect a year previous. The "Iron Age" com¬ posite prices unchanged, the of finished the former steel and remaining pig at iron 2.286c. a were again pound and latter at ished steel The $20.61 a gross ton, as against 2.512c. for fin¬ and $23.25 for pig iron at the close of April, 1938. operating mately 96% rate of the of steel companies having approxi¬ steel capacity of the industry, accord¬ and Steel Institute, was sched¬ uled at 48.6% for the week beginning April 24 (the lowest level since the Oct. 3, 1938, week, not including the holiday week of Dec. 26, 1938), which also compares with 50.9% for the week beginning April 17; 52.1% for the preceding seven-day period; 54.7% for the week beginning April 3, and 56.1% for the week beginning March 27. At the close of April of 1938 operations were reported to be at the rate of 32.0% of capacity as against, 92.3% at the end of the ing to the American month in same As to Iron 1937. non-ferrous metals, "Metal and Mineral Markets" reported during the month in substance as follows: De¬ spite the fact that the market for non-ferrous metals re¬ mained under the spell of the tense foreign situation, buy¬ during the latter part of the month was on a larger scale, with lead and tin selling in good volume and buying interest in zinc also improving, though moderately. De¬ ing mand until for copper in April 26, when, raised its 10.25c. a domestic news market continued quiet that Phelps Dodge Corp. had quotation few purchased the on a taking place to 10.50c., Valley, after dropping to days previously, buyers became nervous and substantial tonnage, the bulk of the buying at week ended the latter price. Domestic sales for the April 25 amounted to only 6,951 tons, as against 7,991 tons for the preceding seven-day period, 9,082 tons for the week ended April 11, and 6,640 tons for the week dropped 10.50c., to (the lowest level since July 28, 1938), but on April 26 re¬ During the week ended April 26 of 9,083 tons of lead were total a sold, compared with as in the preceding week, 2,349 tons during the week ended April 12, and 1,635 tons during the week ended 6,123 tons On April 11 the domestic price of lead was low¬ points, establishing the quotation at 4.75c., New April 5. 10 ered of Sales York. ended April the grades of zinc common for week the 22 totaled 1,249 tons, against 1,182 tons in the preceding week, 1,319 tons in the week ended April 8, and tons in the week ended April 1. The quotation of Prime Western zinc held at the level of 4.89c., New York. 2,140 Tin-plate mills are estimated to be operating at around 63% of capacity, against 60% earlier in the month. After touching a low on April 11 of 45.95c„ tin closed on April 28 on the lowest for the year. Age" stated that the crisis the Washington Administration of Europe, to 12 April on turned to the 10.25c. basis. 49.25c., which compares with 46.50c. on April 3, 46.00c. March 1, and 46.37^c. on Feb. 1. Lumber Movement In its issue of April 6 the "Iron in 1938), 14, Oct. on prices scrap reduced copper was April 20 to 10.25c., and on the following day to 10.00c. on at The The domestic price of April 4. April 3 from the basis of 11.25c., Valley, to 10.75c. (the first change in price since the 11.25c. quotation was estab¬ on lumbeiffpKustry The during the week ended April 22, 1939, stood at 67% of the 1929 weekly average of produc¬ and 68% of average 1929 shipments, according to tion reports to the National Lumber Manufacturers Association from regional associations covering the operations of im¬ hardwood portant softwood and mills. Production, ship¬ 63% and 62% of the corresponding figures for the same week of 1929. Re¬ ported production for the week ended April 22, 1939, was 4% above the preceding week, while shipments were 3% and ments less. orders new Reported orders new about 65%, were 1% were below April the 15 date, and exceeded the corresponding week of 1938 by 39%. Re¬ week, the highest of any week of the year to were ported production and shipments for the April 22 week were 21% and 18%, respectively, above last year's week. For production, softwoods, shipments and orders new were, tlie respectively, 21%, 18% and 39% greater than in same week of 1938. New business (hardwoods and softwoods) and production, shipments 1% were 4% above was below in output the week ended April 22, 1939. Reported production, shipments and 16 weeks of the current orders for the new to date were 16%, 13% and 12%, respectively, above the corresponding figures for the period in 1938. same 16 year New7 business and shipments for the 10% above output. weeks of 1939 were both During the w^eek ended April 22, 1939, total of 531 mills a produced 217,876,000 feet of hardwoods and softwoods bined ; shipped 215,173,000 feet, and 226,231,000 feet. Revised figures for booked the com¬ for orders four preceding weeks follow: A'o. W°.ek En 'ed— Production of Mills Orders Received Shipments (Feet) (Feet) (Feet) 222,322,000 223,817,000 April 15, 1939 536 209,698,000 April 8,1939 535 205,414,000 205,394,000 223,456,000 April 1, 1939 541 194,298,000 225,225,000 550 189,542,000 207,078,000 221,754,000 221,130,000 Mar. 25, 1939 All regions except Western Pine, California Itedw7ood and Northern Hardwood reported new in the week ended Southern April 22, 1939. orders above production All except Western Pine, Cypress and Northern Hardwood ments above ship¬ reported All regions but Redwood and Northern output. Hemlock reported orders above those for the corresponding w7eek of 1938. All but Redwmod reported shipments above last year. All but Northern Hardwood reported production above 1938 the week. Hides, Leather and Footwear The First National Bank of Boston, in its "New England Letter," under date of April 28, comments kets "Shoe production ally for that in March increased February and over month on reached record. centration of deliveries of weeks before Easter. decline these mar¬ upon follows: as in the This by total the con¬ spring footwear into the last few There followed, business. season¬ highest caused W7as activity, and factories additional than more second Unfilled are orders reported to be relatively small, and the wear is likely to be of short duration. however, now for in a the wrhite run seasonal need shoes of are of summer foot¬ "Retail sales of shoes by "important chain stores and mail houses have held up fairly well in comparison with order the rise in production, maintained. and retail Some manufacturers, reported recently to have shaded prices on have been the other hand, their prices in well are order to stimulate new business in white footwear. Fall shoes thus far have attracted but little interest. No appreciable price changes are being discussed in preliminary negotiations, although the moderate decline which has taken place in raw material may prices have a during the past three months bearing on the situation. "Tanners have had facturers in March new business has been dull. this seasonal in a quiet month. were white Upper leather manu¬ busy delivering spring colors, but calf and side Prices have shown lull. ultimately Sole leather leather some moved subsequently irregularity during in slightly better Eastern before volume replenished their manufacturers as depleted stocks. Prices showed a firmer tone, but did not rise. When European affairs took an unfavorable turn, No. is Jan. recently quotations has taken leather Sole place. quoted at the level of a year ago, but approximately 10% below the start of the spring shoe season. "The hide futures market has declined sharply. As became relatively cheap futures contracts of the and year Packers also have tanners who are last October. high point of 13YjC. a sold of hides to increasing quantity an attracted by the low level price rather than by any immediate need for additional inventories." Prices during the early part of the month were sustained largely by the tense international situa¬ tion, while the subsequent strength was induced by reports of deterioration in crop rainfall winds strong the made for Southwest. with combined high Southwest, with the result that the suffered culture more less or estimated the winter age of suf¬ situation crop Furthermore, the situation covering spring wheat crop was also less promising. Planting has been delayed in many localities owing to the lack of /The outlook for wheat crops in European considered was less favorable than last year. With the trade at a point where prices, barring European political developments, will be largely governed by the out¬ look for the coming crops, the domestic statistical picture was subjected to careful scrutiny. Total disappearance of wheat in the United States was expected to run as high as 835,000,(XX) bushels, largely because of the Government's disposing of Over 101,000,000 bushels through its program. Hence, it was pointed out, that 'the in success subsidy row the period offerings of event the proposed scheme whereby wheat and cotton would be bartered for rubber and tin in order to build up war reserves material¬ izes, it is quite possible that this carryover may be further Corn, oats and rye likewise developed firmness reduced. during the month. Marketings of corn restricted were by the Government loans, wet weather and increased livestock feeding requirements. In Chicago the May wheat option closed on April 29 (April 30 a Sunday) at 73%c. as against an opening price of 68c. on April 1. At Winnipeg the wheat option closed at 63c. ing of 61c. April on May April 29 on against as an open¬ 1. May corn in Chicago closed April 29 at 47%c. compared with an opening of 47 %c. 1. May oats closed at 31c. as compared with during and the The structure. also was Another of the February, bill, despite general enacted into aided law. statistical position still the was the House that it increased security markets caused March the were showing gain a 64.5% States 18.4% over while crude 4,582,655 of 1938, March, in from over declined 9,572,553 units units compared Feb. 28 with stocks although hand on 10,108,584 units to 800,000 units. Ribbed 16c. smoked sheets for delivery spot quoted were asked April 29 (April 30 was Sunday) against asked March 31; 16%c. asked Feb. 28; 15 13/16c. Jan. 31; 16%e. asked Dec. 31; 16ysc. asked Nov. 30; asked Oct. 31, the same as on Sept. 30; 16% c. Aug. 31; 16%c. asked July 30; 14%c. asked June 30; asked May 31; lO^c. asked April 30; 10%c. at 15%c. asked 16%c. asked liy>e. asked 14%c. asked Feb. 28; 14%c. asked Jan. 31. March 30; Textiles textile The scattered Retail trades improvement trade ditions, prevailing of continued the month to apparent. weather of part in the reduction the were con¬ month, the expansion an deterrents in scattered cuts in relief payments, and unsettlement in political mild a evidences of were adverse major the obstacle Other European the divisions with spotty, chief the sales. irregular, but some during industrial activities, by in remained constituting volume continued the security markets caused crisis. During latter the part getting seasonal weather conditions and improvement appeared under way, owing to more be to the stimulus provided by the close approach of the opening of the New York World's Fair. Wholesale trading re¬ mained inactive tributive the as slow movement furnished channels little of goods in for both incentive tailers and wholesalers to add to their commitments. dis¬ re¬ Here, too, however, a mild improvement began to manifest itself during the advent the latter part better of accelerated buying inventories of the period under was quickly apparel and summer both in at of weather wholesalers' moderate levels, and the review when reflected retailers' belief in lines. accessory hands prevailed in quarters that a longer stretch of good weather will a general revival in wholesale buying activities. Raw cotton in April, during the first part of the month, followed in mildly versal in reactionary the substantial trend in net Later, trend. of movement prices however, gains for the period. prices was largely due be resulting be released in the a in the to uncertainty over cotton situa¬ substantial amount of loan cotton future near re¬ The early downward the proposed legislative action concerning the tion, to suggestions that sharp a developed, under sugar never United of March 31, as a result of an increase in production by about bring apparent would Committee of further many firm came domestic and stocks as being shown in the Ellender trade opinion The to also Eastern factory March, 1938, from 231,475 tons at the end of February to 219,843 tons March 31, or the lowest point since October, 1937. Another supporting influence was the tire statistics for March, announced April 25, and rubber an showed favorable factor was generally Far for purchases the in factors statistics being reported improvement, by the increased European Administration Interest ruled Steadying consumption a "futures" Sentiment tightening attention. friendliness sugar month. past the market tension. for for limited of because substantial unsettlement With Sugar market rallied within a nar¬ Early in steady. was reaction, which, however, was followed by another on opening of 29%c. on April 1. May rye closed at 42%c. compared with an opening of 42c. on April 1. 4%c. 31; Subsequently the growing tension in Europe and resultant mild the undertone fairly on April The prices and account. the of the although npige, the In Aug. 30 and May 31; 4%c. April 30; Rubber mately bushels. 5%c. 30; Sept. and Crude rubber throughout the month moved country could exx>ect a carryover of about 250,000,000 bush¬ els on July 1 from the 193S-1939 total supply of approxi¬ 1,085,000 (April 30 was Sun¬ 5%c. Feb. 28; 5%c. Dec. 31, against 5^c. Nov. 30, the 5%c. March 31, and 5y>c. Feb. 28, the same as Jan. 31. aver¬ the subsoil moisture. on shipments of April 1 at as about in line with the 28, and April 29 on same as on June units is 500,100,000 bushels. countries July 30, the 2,794,956 Last year the winter wheat crop 6S6,637,(X)0 bushels, while the 10-year average to 31 showing of private estimates. amounted as Oct. the in many sections crop wheat was same on and in The Department of Agri¬ damage. 549,219,000 bushels, which The lack temperatures unfavorable an as rally. Grains ficient 31, the same a A relatively firm undertone developed in domestic wheat markets during the past month, and particularly so during the latter part. quoted was in terms of spot prices, sizable quantities of resale hides were sold by trad¬ ers and prices moved down to O^c. per pound for light native cows as against 12c. for poorer quality hides at the turn Ilio Feb. at 5%c. against 5%c. March 31; day) now 7 8y2@9c. March 31; 30, against 6*4 c. 7y4@7y2c. Jan. 31. April however, new business again turned dull and some decline in 9 MONTHLY REVIEW May, 1939] the subsidy arrange¬ ment, to the holding up of the Bankhead bill in the House following its adoption by the Senate, and to the continued unsettlement in securities caused by the European tension. Agriculture was reported to have asked the State, Agriculture and In¬ terior Departments to express their views on this pro¬ posed measure. The spot market for raw A contributing factor was the selling of futures by Bombay interests for the purpose of undoing straddles as well as steady, while withdrawals of refined the on ruled sugars portions. all c. Sales of Cuban raw during the month volume and were sugars of moderate pro¬ were consisted of again of small following & f. exclusive of duty. On April 12, ex-store at 198c • April 14, May shipment at 2.05c., and prompt shipment at 2.05c.; on April 21, prompt shipment at 2.04c., and on April 28, ex-store at 1.99c. The wholesale list until 4.50c. April 11, This when level the was price was range quoted quoted was until at 4.40c. changed to to to 4.50c., at which figures it throughout the remainder of the month. for 4.50c. 4.30c. April 18, when it changed to 4.45c. to was continued Coffee Prices in the market for coffee "futures" developed more or less irregularly during the past month, with the general tendency toward lower levels. News from Brazil was scarce, and demand from roasters was described No. 7 Santos was of a the on refined, immediate delivery, hedge as routine quoted on April 29 (April 30 was Sun¬ day) at 6Y2c. against 6%c. March 31; 7c. Feb. 28, the same as on Jan. 31, against 6%c. Dec. 31; 7@71/4c. Nov 30 offering Southern in connection Hemisphere. introduction the of the a® onT0ct 315 ey2@7c. Sept. 30; 6y2@7y4c. Aug.' same as on June 30, May 31 under way, the crop the movement in announcement export subsidy measure, domestic price level got and this reversal in the trend was intensified sudden revival of buying activities in the gray cloths markets, caused, in part, by renewed reports that a process¬ by a ing tax would be imposed to finance additional payments to producers. Less favorable weather reports from the Southern belt also helped to support prices. In the clos¬ ing days of the month the market turned irregular, largely due to Washington advices concerning growing opposition subsidy plan. Spot cotton here in New York was S.81c. on April 1. After declining to a low of 8.63c. April 12, a subsequent rally carried the quotation to a high of 9.20c. April 28, with the closing price on April 29 to the export at 9.12c. Trading in the gray cloths markets continued sluggish during most of the month, with persistent reports of contemplated curtailment measures by the mills failing to cause users to abandon their waiting attitude. Only short-lived buying the part of bag manufacturers. during the latter part of the period, flurry developed, chiefly 31; Print and cotton sharp upward movement in the the 6J4@6y>c. July 30, the with Following cloth at Fall April 21 from 3%c. on River to a for 28-inch range of a 64x60's receded 3y±c. to 3%c., but on on MONTHLY REVIEW 10 The April 29 recovered to the previous quotation of 3%c. price of 27-inch G0x64's was 3}4c. April 29, unchanged from March 31. Osnaburgs were quoted at 6%c. to 6^c., com¬ pared with 6%c. March 31. The report of the Census Bureau, issued April 14 and covering the month of March, showed a further substantial increase in the United States compared with the previ¬ consumption of the staple, both as corresponding period of last year. an/ount consumed in March was given as 649,237 bales month and with the ous The lint and of of lint bales 62,270 and lint of bales 512,626 bales linters of in 1938. March, goods market started the month in quiet Subsequently, however, buying was resumed on woolen The fashion. scale, large fairly a 73,769 bales of linters, compared with 562,293 and 66,809 bales of linters in February, and concerning the flow of reports as goods in distributive channels made an improved showing, and the continued tension in Europe served to lessen previ¬ held fears of increased foreign competition. Busi¬ women's wear materials was restricted, owing to ously in ness part of fall lines, a the latter during but influences, between-season month, with the introduction of the new moderate revival in trading got under way. the 13-15 deniers were quoted April 29 Japanese double extra $1.86 Oct. 31; $1.80@$1.85 Sept. 30; $1.77@$1.82 Aug. 31; $1.79@$1.84 July 30; $1.76@$1.81 June 30; $1.56@$1.61 May 31; $1.62@$1.67 April 30; $1.55@$1.60 March 31; $1.65 @$1.70 Feb. 28, and $1.65@$1.70 Jan. 31. In the case of the 20-22 deniers Japanese crack double $2.13@ $2.18 March 31; $2.25@$2.30 Feb. 28; $1.96@$2.01 Jan. 31; $1.79@$1.84 Dec. 31; $1.65@$1.70 Nov. 30; $1.73@$1.78 Oct. 31; $1.68@$1.73 Sept. 30; $1.67@$1.72 Aug. £1; $1.69 @$1.74 July 30; $1.67@$1.72 June 30; $1.48@$1.53 May 31; $1.57@$1.62 April 30; $1.48@$1.53 March 31; $1.59@$1.64 quoted at $2.39@$2.44 April 29 against extra were Feb. 28, $1.48@$1.53 Jan. 31. and and Its Products Petroleum Closing of day April brought a surprise announcement offices of the United States Depart¬ that a new anti-monopoly move against from the Washington Justice of ment several major oil companies on the West Coast was planned. made ty the Federal Trade Commission are scheduled to be presented before a Federal grand jury in the Southern Dis¬ gathered through its investigations and those Facts May and June restricting production of crude oil which is 13,000 figure set for the State by the Bureau of Mines. It was pointed out, however, the under-allowable would be absorbed by the completion of new wells. Sunday shutdowns were con¬ tinued in the new orders, which also made compulsory Saturday shutdowns in at least two weeks of each month. The May-June orders met with general approval among Texas oil men, who had feared a possible repetition of the April 1 confusion caused when the Texas Railroad Commis¬ sion issued three different proration orders, altering each in turn as legal protests ensued from the affected areas whoso production suffered severe curtailment. Bitterness is still felt in some quarters over the stringency of the original April orders, and it is indicated that the court action taken to test the power of the Railroad Commission to issue "discriminatory" orders will be fought through in order to prevent any possible repetition of the unfortunate daily average of 1,393,077 barrels daily, to a under the average daily market demand barrels happenings. of State The positively going is Texas to within stay demands," E. O. Thompson, minority member of the Railroad Commission and head of the Interstate Oil the (April 30 was a Sunday) at $2.46@$2.51 against $2.10@ $2.24 March 31; $2.20@$2.25 Feb. 28 against $1.95@$2.00 Jan. 31; $1.84@$1.89 Dec. 31; $1.75@$1.80 Nov. 30; $1.81@ Railroad Commission issued Late in the month the Texas orders market Compact Commission, wired C. F. Roeser, President of the Independent Petroleum Association of America. "I believe that all of the oil States are going to keep their production within Bureau of Mines estimates. Louisiana has her pro¬ Mr. curtailing sharply." in line and California is duction incidentally, is generally approved of in rela¬ his work on the Railroad Commission, and was not Thompson, to tion April proration orders which were and Commissioner Jerray Sadler, who compose the majority. Oklahoma will continue its 428,000-barrel daily quota, the same as has ruled for the past several months, according to the May proration orders issued by the Oklahoma Corpo: ration Commission. The May allowable for Arkansas fields will be 54,627 barrels, which is an increase of 1,634 barrels over April, while Kansas will have a daily quota of 177,000 barrels, which is 24,400 barrels above the market demand estimate of the Bureau of Mines for May. In California the State Assembly Oil Industries Committee on April 25 passed the Atkinson oil control bill. Under the revised a party to the "mixed" signed by Chairman Lon A. Smith bill administration will be from a five-man of which will be chosen from each committee, one of the State's five major oil-production areas. public hearings on the legis¬ Late in the month came the prices in 1936, and "the price of gasoline since has exhibited a stability without precedent in the area." Thus, the pur¬ oil bill perma¬ Commerce subcommittee. Senator Connally, original sponsor of the bill which has been twice extended by Congress, appeared before the com¬ mittee to ask its approval of the legislation wrhich would make it a permanent part of the Nation's legal fabric. inquiry before the Grand Jury is to present by Federal investigators as well as other facts which may appear pertinent in order to ascer¬ tain where prosecutions for violation of the anti-trust laws Assistant Secre¬ tary Burlew advocating making the Act permanent, both letters stressing the importance of oil to the national stated that the companies which pro¬ duce, refine and distribute approximately 85% of the gaso¬ line marketed on the West Coast posted sharply higher The of the pose the Department obtained facts decree was entered against a A consent Coast oil Justice number of West companies late in 1930 after the Department of made had an investigation of mopolistic practices. Federal Trade practices which had brought about the 1930 consent decree were again being used by many companies operating on the West Coast. The Commission's report led the Department of Justice to make an extensive field investigation which was started The General Attorney 1936 in the asked Commission to investigate reports that the 1937. 1936 there were several price advances in all in November, Early in prices of gasoline in Los Angeles and other major market¬ ing areas on the West Coast. A little more than a year later there was another advance, and there has been no "These price advances have made the practices in the Pacific Coast area the subject of complaints and Government investigations extending over a considerable period of time," the Department's state¬ general price reduction since. ment "The complaints," it added, to various practices all "have charged that by resort substantial competition in the mar¬ keting of petroleum products Is being eliminated. A com¬ paratively small number of companies occupy such a pre¬ dominant position in the Pacific Coast oil industry that action in the hands of listic prices. well-known to a restrict competition may easily place few companies the power to fix monopo¬ Under such circumstances, and in view of the importance of petroleum products, is it the duty of the Department to exercise extreme vigilance and to take vigorous practices action definitely whenever it appears restricting competition that current may the be demand for domestic crude oil will be under the comparable period last year, according to the regular market demand forecast of the United States monthly Bureau mand of Mines. for barrels letters Secretary of the Interior Ickes and Vociferous objections to the bill were voiced from several quarters with Representative John Coffee, author of a bill, which also is under the subcommittee's consideration to end Connally the leading the measure, attack. The oil greatest monopoly in the history of America/' he charged in his testimony before the House subcommittee. The primary purpose of the move to make the Connally measure permanent, he contended, is "to freeze" the price of gasoline and "entrench larger producers "the is industry of oil." Not faces Coast is the petroleum industry the industry as a whole also exhaustive investigation by the Monopoly Investi¬ only on Federal under an the West gating have Forty Committee. Nation the been committee, but survey, asked by oil companies throughout the the committee to conduct, for the most inclusive surveys of the The committee, laying its foundation hearings to be held in mid-year, lias sent one of industry ever made. of the under The month the Federal at April agency 3,425,000 estimate actual demand during May a for a questionnaires on 35 topics, the topics including finan¬ cial series placed market barrels, which and 3,500 year ago. is barrels de¬ 8,800 below transportation, setups, economics, relative costs, sales, subsidiary control, domestic and for¬ eign acreage of oil lands, and reserves of these lands. All information obtained must be sent to the committee before refining, producing, May 22, and witnesses will be called before the committee at the June hearings. Charging that there Thompson, Chairman is "no emergency in oil," E. O. of the Interstate Oil Compact Com¬ mission, told members of the National Petroleum Associa¬ tion at their semi-annual convention in Washington on April 15 that "State setups" are far superior to Washing¬ ton control. There is no such thing as a "little Federal control," he argued. product of concerted action." May Cole placed in the record Chairman Subcommittee from out said. concerted nent, held by the House Interstate defense. order. is in would make the Connally hot which lation disclosed. of California, it was trict and First, he pointed out, comes studies reports, followed by a "little" assistance to the States. This is then followed by a "little insistence," and then dic¬ tation, then regulation, then complete nationalization, and finally Government Donald R. tration head, optimistic ownership and control. Richberg, former National Recovery Adminis¬ speaking at the same meeting, took rather an viewpoint toward the tangle arising from the half-billion* dollars of early last year. In discussing the problems arising from the seizure by the Cardenas Administration, he said that there was no basis for assuming his recent return to Washington after a series of talks with President Cardenas was a "polite Mexican expropriation of some American and British owned oil properties He stressed that his , recent Mexican Government method| of ending negotiations." of talks with series the head in on Mexico." amicable settlement of controversies with Mr. That in presence Ambassador difficult decree. outcome not was being overly optimistic was April 29 when the United Press reported his San Antonio, where he opened negotiations Mexican with the he Richberg on problems Najero arising in effort to settle the expropriation to questions that the an of out Mr. Richberg said in answer of the conference would settler would problem return with President whether or not City for further talks Mexico to on the He indicated Cardenas. trying to work out the Mexican a Government make would operating by the Details of another barter deal between Mexico and Italy Mediterranean City in deal mid-April. Mexico petroleum stated were of Tampico to the disclosed in news reports from Mexico Under the terms of the latest barter would for oil crude from $2,500,000 of dispatch to start in June at the rate of exchange rayon that estimated an and yarn The machinery. shipments are barrels monthly, the 30,000 petroleum to be loaded in ships at Minatitlan and Tampico. The move was interpreted as a distinct blow at American, Japanese and Italian Corp. and the Anglo-Mexican Petroleum Co., both units of the Shell Oil group, from interfering with the foreign com¬ United the April on States 10. Harris B. States Circuit City dissented in defendants in tomers of Co. was issued a the written was by Judge are way They holding that "it is clear that threatening its that is (Eastern damaging and may States) cus¬ be ruinous. are they Judge Learned Hand of New York case, doing this by challenging its title to the oil, which generally they may attach as their own, if buy it, and by stating that the expropriation by others Government of Mexico will be not recognized by the of other countries." courts The litigation States Petroleum owned by the from purchases Mexican the fact crude oil Government, that from and the corporation a some of the wells fendant companies, operating in Europe, were pective customers to refuse to enter into utilizing threats and coercion. court's injunction argued, from for new causing pros¬ contracts by the defendants did On customers. not the seek out contrary, any the of court a company under contract to make Eastern advice States heavy purchases Ministry of Mines of breaking the con¬ asked the British regarding the possibility The company was informed by the British body to consult the defendant companies. These defendants, the tract. court held, honestly believing that the oil properly belonged Eagle, stated that steps to attach oil shipments Mexico to England might be taken. Similar legal to Mexican from action in the involved in past, had been successful for the companies this litigation. line in the rise in fuel attachment in suits ported to France and Holland. against Mexican oil ex¬ In addition to these cases, already known to the Cburt of Appeals, April 8 saw the Rotterdam District Court uphold the seizure by the Mexican Eagle Oil Co. of 3,000 tons of Mexican gasoline from the motorship "Jaguar." The gas oil involved in the attach¬ ment by Mexican Eagle Oil originated from oil from the confiscated properties of the company the on Isthmus of Tehuantepec. Stocks United of the period States domestic States showed and a foreign gain of crude oil 2,512,000 held barrels in the during March 18 to April 15, according to the United Bureau of Mines. The total on March 18 was 273,345,000 barrels, with the ensuing four weeks seeing a rise to 275,857,000 barrels. Daily average production during the March 25 week was 3,382,350 barrels, while for the April 22 wTeek the figure had risen to 3,526,700 barrels. advanced 4c. a companies. a 89c. developments in the major refined oil prices resulting from a widespread tanker crippled East Coast transportation facilities. The statistical position branch contra-seasonal heavy consuming areas, and a strike that was of the industry's refined products good at the close of the month with too none gasoline. Stocks of finished gained only 108,000 barrels during the March 25-April 22 period, totaling 87,769,000 barrels, against 87,561,000 barrels, according to the American Petroleum Institute. Refinery operations were far too particular paid to attention and unfinished gasoline high during the month, and this was the main reason for contra-seasonal the inventories in jump at when time a consumption is showing sharp expansion. the continued strength in market, where several lifted quotations to a profit-margin One cheering development bulk mid-continent the successive price moves was gasoline Another bullish feature level for the first time in months. demand for gosaline estimate The Federal forecast, after mak¬ the May domestic market of the Bureau of Mines. disturbed European political con¬ for motor fuel at 48,000,060 barrels, which is 7% over the comparable period last year. Gasoline export demand is seen at 4,300,060 barrels, off 276,000 barrels from April. Representative price changes made during April, which clearly show the trend in the Nation's leading refined product markets, were as follows: ing for allowance due ditions, set the May demand April 9—Advances Pa., Delaware the in for general a undivided gallon a undivided dealer prices in Schuylkill 7.5c. in tank-car lots markups were made for with the exception of the Wil¬ gasoline in and dealers Similar advance. field, area. April New in %c. of 8.5c. to posted mington 10—Hartol York, Boston Products advanced Philadelphia, and gasoline tank-car with other companies prices %c. following. at April 11—Standard Oil of New York advances tank-car prices of gasoline %c. gallon a amount Mass., and the same Everitt and Revere, Boston, at East Providence. East at April 17—Mid-Continent tank-car prices of gasoline were advanced gallon a to a 4%c. of range 5c. to for and regular, 4c. 4%c. to %c. for third-grade. 19—Royal April to 3%c. a gallon, Petroleum advanced 26—Socony-Vacuum advanced April No. 2 heating oil %c. gallon a barge. tank-car and tank-wagon prices of gasoline from 0.1c. to 0.3c. a gallon in the metropolitan New York area. April 26—Socony-Vacuum advanced barge prices for No. 2 light heating oil ^c., kerosene also moving the up same, changes effective New in Harbor. York April 28—Cities Service Co., followed by other units, advanced prices of 10c. a barrel at New York and Boston to $1.05. A OF UNITED STATES THE APRIL FINANCING The and Treasury the TREASURY even in pump-priming, appeals to the market for funds governmental agencies, these times of heavy deficits and large-scale able were to avoid new in April. There was the usual rolling over of the $100,000,000 of discount bills each week, but there were no further offerings of notes and bonds, either for new money additional money which the Treasury raised was through the sale of United States savings bonds, the so-called baby bonds. These sales of baby bonds, however, were in sufficient volume to enable the Treasury to pass a milestone in April. At the start of the month the gross Federal debt crossed the $40,000,000,000 level for the first time in his¬ tory, and then kept right on rising. The gross public debt on April 27 amounted to $40,055,843,663 against $37,512,250,390 on the corresponding day last year. When Presi¬ for refunding. The only dent Roosevelt took office on March 4, 1933, the direct public debt amounted to $20,937,000,000, and hence in the last six years the debt has risen almost 100%, exclusive of the One of the most successful points scored by attorneys for the defendant Shell units was the fact that they had been successful were barrel were posted in central to 97o. a barrel. . ; 7c. to product markets was the seasonal firming of prices of gaso¬ or majority opinion pointed out in lifting the that States's Eastern Shreveport field fields, prices advancing to Feature of the month's oil from the Mexican The the Eastern seized by Mexico in the spring of 1938 Eagle Oil Co., Ltd., a Shell unit. In its complaint Eastern States Petroleum charged that the de¬ comes in grades Grade C bunker fuel oil from arose prices Mich., 88c. 20—Advances of from 5c. Michigan declare the to Allegan County, and Kent for barrel $1.05 by the Caddo Oil and Lion Oil Refining ,' April by Appeals in New York Casey of Vermont, with Judge Augustus N. Hand of New York concurring. the Petroleum Court court's opinion The 10c. prices a 19—Crude April barrel to were injunction granted by a Federal Court enjoining the Asiatic Petroleum of the Eastern raised County, Dutch shippers of rayon yarn to Mexico. An order dissolving the recent temporary merce 18—Crude April were was expropriated properties. shipments Representative price changes posted during May, showing markets, follow: he that long-term program under which the companies would be reimbursed out of profits which was involving ; the trehd of the Nation's major crude oil an out, however, borne out I of tlie "atmosphere of friendliness." He that since his return from Mexico City, it has been necessary for him "to combat in various ways the private and public activities of those whom I can only describe as influential persons, in and outside the United States, who are exceedingly anxious to prevent an carried were pointed 11 MONTHLY -REVIEW MAT, 1939] fully-guaranteed debt. Sales of baby bonds for April 25th amounted to $47,267,690 as against $33,636,120 in the corresponding period of last year and against $66,256,144 in all of March. The average price at which the weekly discount bills up to the bid in were was the diminution slightly lower, owing, of the demand in on the one hand, to the Middle West for bills for personal property tax avoidance purposes and, on the other, to the smaller maturities of bills in the Federal Re¬ serve portfolio. As the Reserve banks were unable in the first half of January, when Middle West bidding for bills was so strong, to replace their bill maturities with new bills, they had no bills falling due in the first two Wednes¬ days of April. Where the yield on the bills dated March 29 was so small as to be virtually unquotable, the average rate at which the bills dated April 5 were taken was 0.016%. The rate rose in succeeding weeks to 0.025% and 0.023%, and then fell back in the last week of the month to 0.016%. Tlfe principal personal property tax dates for which bills are sought in the Middle West are that of April 1 ih MONTHLY BEVIEW 12 Illinois, that of May 1 in Minneapolis, and that of June 1 Missouri. On March 22 the reporting Chicago banks Co.—A new issue of $62,500,000 1st mtge. 3%% series A and B bonds due 1969 was offered April 24 by group of American and Canadian underwriters headed by the First Boston Corp. at the price of 98H and int. The offering is the largest Canadian corporate issue so far registered under the Securities Act. The issue is divided between $52,500,000 series A bonds, payable in American dollars, and $10,000,000 series B bonds, payable in Canadian dollars. The proceeds of the issue, together with the proceeds of a $7,300,000 loan to Gatineau Power Co. by several American and Canadian banks, and the proceeds of the sale of 35,000 shares of 5)4% cumulative preferred stock to be offered in Canada, will be used to redeem the company's $68,014,500 outstanding 5% 1st mtge. gold bonds on June 1, 1939. This financing will effect a reduction of approximately $800,000 annually in the company's interest charges, which saving $52,500,000 Gatineau Power in held $240,000,000 of Treasury a bills, but their holdings were $123,000,000 on March 29 as the obligations were passed on to their customers. On April 26 the reporting Chicago banks held only $64,000,000 of Treasury bills. With Illinois banks releasing Treasury bills after April 1, the holdings of the reporting New York City banks in¬ creased from $68,000,000 on March 29 to $181,000,000 on April 26. Treasury bond prices displayed an easing tendency early in April when the news from Europe, telling of the Italian invasion of Albania, was of a disturbing nature. But with the banks consistently on the buying side of the long-term Treasury market—the reporting New York City banks bought $120,000,000 of Treasury bonds in the four weeks to April 26—prices recovered easily and at the end of the reduced to month will be used for debt retirement. Associated with the First Boston Corp. in the offering of the series A bonds were: Smith, Barney & Co.; Halsey, Stuart & Co., Inc.; Mellon Securities Corp.; Blair & Co., Inc.; Lee Higginson Corp.; Harris, Hall & Co. (Inc.); Blyth & Co., Inc.; Bonbright & Co., Inc.; Glore, Forgan & Co.; Gold¬ man, Sachs & Co.; Lehman Brothers; Harriman Ripley & Co., Inc.; White, Weld & Co.; Bodell & Co.; Kidder, Peabody & Co., and 38 other underwriters. The series B bonds were offered in Canada at 98 and int. nearly all issues were priced at record high levels. excess reserves to a total of $4,120,000,000 placed by a group comprising the Dominion Securities Corp.; Ltd.; Wood, Gundy & Co., Ltd.; McLeod, Young, Weir & Co., Ltd.; Nesbitt, Thomson & Co., Ltd., the other underwriters The rise in the banks under such heavy pressure to invest their funds that their buying of Treasury bonds was not for fered with by the war-scare in The Intermediate Federal Credit issue was the books Bank heavily over-subscribed within closed. System sold a short time and a The debentures, which are the joint and several obligations of the 12 banks, were dated April 15, with $8,050,000 falling due on Jan. 2, 1940, and $13,250,000 on April 1, 1940. A further $1,250,000 of the debentures maturing on Oct. 16, 1939, and $150,000 maturing on April 1, 1940, were sold within the System. After allowing for the were $19,350,000 debenture maturity on April 15, there is out¬ standing a total of $185,850,000 of debentures. Secretary of the Treasury Henry Morgenthau Jr. an¬ nounced on April 15 that market transactions in Govern¬ ment securities for resulted in net Treasury investment accounts in March of $12,500,000 against purchases of sales $72,500 in February and purchases of $1,648,000 in January. The details of Treasury bills sold on a discount basis are given in the following table: Bills Bills Offered Dated Mar. 30 1939 Apr. Apr. 7 1939 Apr. Apr. 13 1939 Amount of Mature 5 1939 12 1939 Apr. 20 1939 Apr. 19 1939 Apr. 26 1939 Apr. 27 1939 May July July 5 1939 12 1939 Offering 91 days $100,000,000 91 days 100,000,000 Subscrip¬ tions $256,754,000 207,502,000 July 19 1939 91 days 100,000,000 222,809,000 .July 26 1939 91 days 100,000,000 2 1939 91 davs 100.000.000 315,356,000 377.474.000 3 1939 Aug. To Redeem Bills Subscrip¬ Amount Average Offered tions Accepted Price Yield $256,754,000 207,502,000 222,809,000 $100,287,000 99.996 0.016% $100,722,000 100,167,000 99.994 0.025% 0.023% 101,341,000 99.994 315,356,000 100,444,000 100,204,000 99.996 0.016% 101,152,000 100,441,000 377.474,000 100.384,000 99.997 0.012% 100,587,000 Mar. 30 1939 Apr. 7 1939 Apr. 13 1939 Apr. 20 1939 Apr. 27 1939 NEW SECURITY ISSUES New corporate April witnessed over a Maturing Issue of— IN APRIL financing in the domestic market for perceptible increase in the total volume that for the month of March and came within close proximity to the combined total financing for the first three months of 1939. One-half dozen prominent issues virtually comprised the month's new corporate financing and was supplemented by smaller emissions which contributed to the final result. Conspicuous in the month's undertakings was the National Steel Corp., which company placed an offering of 3% 1st coll. mtge. bonds in the amount of $50,000,000 and $15,000,000 j^j-2lA% serial notes. The bonds went to a premium almost immediately after the public offering was made and the syndicate managers announced the issue com¬ pletely sold and subscriptions books closed in the afternoon. The offering it was stated attracted a broad institutional demand. Other emmissions worthy of note included the $52,500,000 issue of the Gatineau Power Co., the Texas Corp. flotation totaling $40,000,000 and the Eastman Kodak Co. offering to stockholders in the amount of $28,799,230 of its common stock, priced at $127.50 a share, the issue going for new capital purposes. Below we give the larger offerings in April: RAILROAD Commission. PUBLIC UTILITY FINANCING $3,800,000 West Coast Telephone Co.—Public offering of $3,800,000 1st mtge. bonds, 4% series due 1964, was made April 13 by a syndicate headed by Blyth & Co., Inc., and including H. M. Byllesby & Co., Inc., and E. H. Rollins & Sons, Inc. The offering price was 100 and interest. 1,545,000 Jamaica Water Supply Co.—Public offering was made April 20 by Blyth & Co., Inc., of 15,000 shares (no par) $5 cumul. preferred stock, series A, and 60,000 shares (no par) common stock. The preferred stock was priced at $103 per share plus accrued dividends from March 31, 1939, and the common stock at $33 per share. Offering of the common stock did not represent new financing by the company, all of the shares having been purchased from Warren Leslie, Chairman of the board, who received the net proceeds. 800,000 Greenwich (Conn.) Gas Co.—It is understood that F. L. Putnam & Co., Inc., Hartford, have sold to one purchaser for investment at 100 and int., $800,000 3H% 1st mtge. bonds due April 1, 1954. Proceeds will be used to redeem out¬ standing 1st ,tge. 4% bonds due Nov. 1, 1956. 25,283,300 Commonwealth Edison Co.—Announcement was made April 5 of the offering, by prospectus only and subject to prior sale through exercise of subscription warrants to be issued to stockholders, expiring April 28, of $24,000,000 convertible debentures, 3)4% series, dated July 1, 1938, and due July 1, 1958. While the amount underwritten is $24,000,000, the amount being offered to stockholders is $25,283,300. It is specified in the announcement that the offering by under¬ writers may be made only as to a portion of the amount underwritten and only individually by certain of the under¬ writers; also that the price of par and accrued interest from May 16, 1939, is subject to change after the expiration of the subscription warrants. The underwriting group consists of 116 members, and in¬ cludes substantially the same members that participated in the three earlier offerings of the same issue. The group is headed by Halsey, Stuart & Co., Inc.; other leading members including Harriman Ripley & Co., Inc.; The First Boston Corp.; Glore, Forgan & Co.; Harris, Hall & Co. (Inc.); Kidder, Peabody & Co.; Lee Higginson Corp.; Lehman Brothers; F. S. Moseley & Co.; A. G. Becker & Co., Inc.; Bonbright & Co., and Central Republic Co. 25,094,588 Consolidated Gas Electric Light & Power Co. of Balti¬ more—Subject to exchange rights of present preferred stock¬ holders, public offering was made April 18 of 223,063 shares of 4)4 % cumulative series B preferred stock (par $100) at $112.50 and accrued dividends, by an underwriting group headed by White, Weld & Co. The offering was delayed because of unsettled conditions abroad. The shares offered by the under¬ writers were those shares not required or reserved for issue to holders of the existing series A 5% preferred stock of the com¬ pany and the offering is subject to the allotment and to the existing preferred stockholders' prior right of exchange. The new preferred issue was first offered in exchange, share for share, to the holders of existing series A 5% preferred stock. This right expired on April 21 at 2:30 p. m. (EST). Others in the offering group included The First Boston Corp.; Minsch, Monell & Co., Inc.; Spencer Trask & Co.; Joseph W. Gross & Co.; Harriman Ripley & Co., Inc.; Lee Higginson Corp.; Bonbright & Co., Inc.; Alex. Brown & Sons; Jackson & Curtis; Goldman, Sachs & Co.; Kidder. Peabody & Co.; Baker, Watts & Co.; Robert Garrett & Sons; W. W. Lanahan & Co., and Mackubin, Legg & Co. The 223,063 shares of series B 4)4 % preferred stock offered was part of 500,000 shares of authorized preferred stock of all series. The new series B preferred stock is redeemable at $115 plus accrued dividends for five years and at $1 less thereafter for three-year periods until the redemption price becomes $110. $725,000 Colorado Central Power Co.—1st mtge. 4)4% bonds, series A, due May 1, 1959. Sold privately to the John Hancock Mutual Life Insurance Co. at 102)4 and interest. Purpose, refunding. INDUSTRIAL AT^D MISCELLANEOUS FINANCING $65,000,000 National Steel Corp.—A banking group headed by Kuhn, Loeb & Co.; Harriman Ripley & Co., Inc.; White, Weld & Co.; Lee, Higginson Corp.; Smith, Barney & Co.; The First Boston Corp. and Blyth & Co., Inc., offered April 25 $65,000,000 of securities of the corporation. The offering consisted of $50,000,000 first (collateral) mortgage 3% bonds due on April 1, 1965, which were priced at 99 and int., and $15,000,000 of serial notes maturing on April 1, 1940 to 1949, and bear¬ ing interest rates ranging from )4% to 2)4%, which were priced at par and interest. 40,000,000 Texas Corp.—New capital financing for the corporation was carried out April 12 with the offering of $40,000,000 20-year , 3% debentures by an underwriting group headed by Dillon, Read & Co. The debentures, which are due April 1, 1959, were priced at 101 plus accrued interest. The issue was over¬ subscribed the date of offering and the books closed. 28,799,230 Eastman Kodak Co.—Holders of common stock of record April 6 were given the right to subscribe at $127.50 a share for 225,092 shares of common stock (no par) in the ratio of one new share for each 10 shares held. Rights expired April 27. Shares not subscribed for by exercise of the subscription war¬ rants (except shares reserved by the company as necessary in its judgment to fill late subscriptions mm eritorious cases), were purchased by the underwriters at $127.50 per share. The underwriters received from the company commissions of $1.87)4 per share on all the 225,092 shares. 12,755,000 Solvay in FINANCING $1,600,000 Atlanta Terminal Co.—Company awarded an issue of $1,600,000 30-year 4% bonds to Dick & Merle-Smith at a slight premium. The issue will not be reotfered. Proceeds will be used to refund existing bonds issues. The issue is subject to the approval of the Interstate Com¬ merce of 534% preferred stock were offered in headed by the Dominion Securities Corp., Ltd., at 97 and dividends. $21,300,000 of 1% consolidated debentures on Priced at a slight premium above par value, the April 6. The 35,000 shares Canada by the same group, Europe. issue of new named below. long inter¬ 1954. American Purpose, Corp.—15-year 4% secured notes, due refund preferred stock. Priced at 100. preferred stock, called Offered in exchange to holders of 5)4 % for redemption. 625,000 Bendix Home Appliances, Inc., South Bend, Ind.—Com¬ pany has contracted with Burr & Co., Inc., New York, for the sale of a new issue of $625,000 5-year 5% convertible de¬ bentures, the proceeds from which will be used largely for new working capital, including additional manufacturing facilities, and to discharge a $200,000 note held by the Bendix Aviation Corp. 520,000 St. Joseph Academy, Cleveland, Ohio—Dempsey-Tegeler & Co., St. Louis, are offering $520,000 1st mtge. 4% real estate sinking fund bonds, due April 15, 1951. 505,000 Compo Shoe Machinery Corp.—An issue of 10,000 shares of $2.50 dividend cum. conv. pref. stock (no par) was offered April 6 at $50.50 per share by Loewi & Co. and Morris F. Fox & Co., Milwaukee. Proceeds of the issue will be used toward purchase of additional plant machinery and equipment, for reconstruction and manufacturing of additional shoe machines. 500,000 Affiliated Fund, Inc.—An additional issue of $500,000 4)4% 10-year seemed convertible debentures, due 1949, has been sold at par and int. by a group of investment houses headed by Lord, Abbett & Co. The debentures are part of a $4,000,000 issue registered Nov. 10, 1938. A total of $1,000,000 of this issue is now outstanding, a block of $500,000 having been offered last January. 500,000 Chicago Molded Products Corp.—5% convertible deben¬ tures, due April 1, 1949. Priced at 101 and int. and offered by Fuller, Cruttenden & Co. and Barney, Johnson & Co. common stock 19. Communications—Extra dividend of 2 Yi % and a final dividend of 5 % on the American depositary receipts for ordinary registered stock, both payable April 25. Madison Square Garden Corp.—Dividend on the no par increased from 25c. a share to 60c. a share, payable May $500,000 (Allen B.) Du Mont Laboratories, Inc.—Lehman Brothers ,and Hemphill, Noyes & Co., principal underwriters of $750,000 10-year convertible 5% notes are making public offering at 100 of that portion of the notes to which stockholders have waived rights, totaling $453,900. The underwriters haye been assigned $500,000 of the $750,000. On April 24 Lehman Brothers offered $363,100 of the notes and on April 25 Hemphill, Noyes & Co. offered $90,800. Lehman Brothers are underwriters of $400,000 and Hemphill, Noyes & Co. are underwriters of $100,000 of the notes. According to the prospectus, Paramount Pictures, Inc., which has a 50% ownership in the company, on April 27 exercised options which it held to purchase 42,000 additional shares of class B stock common and New . to 2.15%, according to coupon rate and date new Ltd.—Initial dividend of $1.75 a share on the $50. payable April 1. Playing Card Co.—Extra dividend of 40c. a share on the 6% preferred class A stock, par United States paySble May 1. stock, common Vanadium Alloys Steel stock, payable March 2, June 1938, when 60c. a share was This stock. compares Weymouth Light of creased from 63c. 1,000,000 Louisville, Ky., grade crossing elimination bonds, due in 1965, awarded to Lazard Freres & Co. and B. J. Van Ingen & Co., Inc., both of New York, in joint account, as 2s, at 100.73, a basis of about 1.97%. Re-offered to yield 1.90%. CHANGES IN APRIL April were largely of a favorable list divided into two sections, Dividend declarations in Syndicate (Minn.)—Dividend of 20c .a share on the common stock and class A shares was paid April 5. Previously quarterly divi¬ CHANGES FAVORABLE Abraham & Straus, Inc.—Dividend of 50 c. a share on the no par common A dividend of 87 %c. was paid on Dec. 28, last, American Meter Co.—'Dividend on the common stock increased from 50c. share, payable June 15. Belden Mfg. Co.—Dividend on the $10 par common 5c. a share to 10c. a share, payable May 15. stock increased from Bendix Aviation Corp.—Dividend resumed on the common stock by the declaration of 25c. a share, payable June 1. This represents the'first distribution since Dec. 13. 1937, when a like amount was Co.—Extra dividend of 25c. a made. .share in addition to a regular quarterly dividend of like amount on the common stock, both payable May 1. Canadian Foreign Investment Corp., Ltd.—Dividend of 70c. a share on the common stock, payable May 1, the first since July 1, 1938, when a regular quarterly of 75c. a share was paid. Chain Store Real Estate Trust—Dividend of 20c. a share on the common 1. Chairs Corp.—Dividend on the no par common a share to 15c. a share, payable May 1. stock increased from 10c. Chrysler Corp.—Dividend on the common stock increased from $1 a share to $1.50 a share, payable June 12. Alcohol, Ltd.—Dividend of 10c. a share on the common payable May 15. Last previous dividend paid on the common 1928 on the old no par shares. Commercial Curtis Publishing Co.—Dividend on the $7 cumulative preferred stock increased from 25c. a share to 50c. a share, payable July 1. Firemen's Insurance Co. (Newark, N. J.)—Dividend of 20c. a share on 15c. a share Regular semi-annual dividend of stock, payable May 15. common was paid on Nov. 15, last. Foundation Co. (Foreign)—-Initial dividend of $4 a share on the common stock, payable May 10. Manufacturing Co.—Dividend of 5c. a share on the common stock, payable May 1. A distribution of 10c. a share was made on Aug. 10, 1937. Halle Bros. Co.—Dividend of 20c. a share on the common stock, payable April 29, the first since April 30, 1938. America—Dividend of 20c. a share on the class A and class B stocks, payable May 1 and the first since Feb. 1, 1938, when were paid. Hat Corp. of like amounts Home Insurance Co.—Extra dividend of 10c. a share and a quarterly of 30c. a both payable May 1. Previously and regular quarterly dividends of 25c. a share were dis¬ share on the common stock, extras of 15c. tributed. International common Holdings, Ltd.—Initial dividend of 50c. a share on the was paid on April 17. : stock (F. & R.) Lazarus & Co.—Dividend of 15c. a share on the no par common stock, payable May 24. This compares with 50c. a share paid on Dec. 27 last and 12J^c. a share paid on Oct. 25, July 25 and April 25, 1938. stock decreased from Northern Ontario Power Co., Ltd.—Dividend on the reduced from 75c. a share to 60c. a share, payable April common stock 25. of 50c. a share on the of $1.50 was made on 1938. Price Bros. & Co.—No action taken on the matter of preferred dividends for the first quarter. Dividend on 628,430 shares of $100 par became cumulative at the rate of 5H% from Jan. 1 last under the terms of the Eastern Pipe Line Co.—Dividend common stock payable May 4. A distribution Dec. 21 last and one of 75c. a share on July 21, Panhandle 1937 reorganization. Union Oil Co. of California—Dividend on the from 30c. a share to 25c. a share, payable May common 10. Universal Consolidated Oil Co.—Dividend on the common from $1 a share to 50c. a share, payable May 20. COURSE OF Tlie month THE STOCK MARKET of April opened stock reduced stock reduced DURING APRIL, 1939 with the stock market engaged precipitate downward movement which got under way at the time of Germany's seizure of the remnant of Czecho¬ slovakia in the middle of March. The decline was sped on its way in the first week of April by the occupation of Albania by Italy, making the already tense situation in Europe seemingly still more grave. Stock prices reached their nadir around the end of the first week of April and the beginning of the second week, when it was a close question whether Germany and Italy would not collide with the alliance which Great Britain and France were in a the aggression of the axis Powers. 'market was on tenterhooks in the first 11 days of April, with Italian troops on the move into Albania and the British and French fleets massed at strategic points in the Mediterranean prepared for action. Turnover in the stock market was during this period the heaviest in recent months as anxiety hung heavy over world markets. But at this point, when the outlook was so deeply enshrouded with uncertainty, there came a mild lifting of pressure on prices. From the high of March 10 to the low of April 11 stock prices, as gauged by the index of 50 issues compiled by the New York "Times," declined on the average 22.72 points, or 21% of their value. In the next four days 8.03 points of this loss was regained, and from then on to the end of the month prices fluctuated within a very narrow range, with the index closing 0.82 of a point lower for the month as a whole. This showing compared with a loss of 11.07 points in March and with an advance of 2.77 points in February. For the first four months of the year the stock average registered a decline busily forming to meet The of 10.89 points. With the flattening out of price swings in the latter half trading activity dwindled to a low estate. Turnover for the month came to 420,246,238 shares, but only of the month, 25% about two Gellman common distributed. Corp.—Dividend on the common share, payable May 1. O'Day 25c. a share to 15c. a shares was distributed in the share were dends of 25c. a Mode , namely, '"Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: stock, stock reduced from 20c. a share to 1,001,000 Trinidad, Colo.. 3M% callable refunding bonds, due serially from 1940 to 1969, incl., purchased by Stern Bros. & Co. of Kansas City, and associates. Banking group re-offered a block of $966,000 to yield from 1.50% to 3.25%, according to maturity. stock, payable May the payment of a quarterly dividend Investor Halsey, Stuart & Co., Inc., New York, as 2Ms, at 100.179, a basis of about 2.73%. Re-offered to yield from 0.50% to 2.80%, according to maturity. Electric Oil Corp.—Dividend on the common 15c. a share, payable May 17. Argo common stock in¬ CHANGES Ltd.—No action with regard to dividend on the common stock at this time. A regular of 25c. a share was paid on March 1 last. exchange for tax paper. Birtman & Power Co.—Dividend on the common a share to 75c. a share, payable April 28. UNFAVORABLE 1,114,000 Hudson County, N. J., nurses' home bonds, due yearly from 1940 to 1959, incl., were awarded to a syndicate headed by a distributed. 12c. a share was paid April 11 on the with seven cents paid on Sept. 22, last. American Metal Co., exchange for its holdings of a similar amount of tax notes, while the other $450,000 were placed in the city's sinking funds in share to 75c. Co.—Dividend of 25c. a share on the common 2. This represents the first, declaration since Victor Oil Co.—-Dividend of 1,200,000 Woonsocket, R. I., 2M% funding bonds, due from 1940 to 1959, incl., were issued by the city at par as follows: The First National Bank of Boston accented a block of $750,000 in a paid 75c. was paid. United Fuel Investments, 1,625,000 New Mexico (State of) highway debentures, due semi¬ annually from 1951 to 1954, incl., purchased by Lazard Freres & Co. of New York and associates as 2Ms and 2%s, at 100.088, a basis of about 2.64%. The 2J^s, due in 1951 and 1952, were priced at 100.50 and par, respectively; the 2%s, due in later years, were offered to yield 2.55%. stock, payable April 25. and 37Mc. previously. was $1 a share on the $3 cumulative preference stock, payable April 28. A distribution of 75c. a share was made on Jan. 18, last, the first since April 1, 1938, when a regular quarterly of priced to yield 3.85%. following _ United Corp.—Dividend of 3,299,000 Minneapolis, Minn., bonds were taken by a syndicate man¬ aged by Phelps, Fenn & Co., Inc., New York, as follows: $2,799,000 public relief, water, improvement and work relief bonds, due from 1940 to 1954, incl., sold as 2.10s, at 100.03, a basis of about 2.09%; a $500,000 refunding issue, due from 1940 to 1949, incl., was sold as 2.10s, at 100.375, a basis of about 2.09%. The • Shippers Car Lines Corp.—Initial dividend of $1.25 a share April 1 on the preferred stock to holders of record March 28. Mich., non-callable series F refunding bonds were sold to an account headed by the First National Bank of New York on a bid of 100.02 for $3,623,000 4s, due from 1941 to 1960, incl., and $376,000 3Ms, due in 1961 and 1962, the net interest cost to the city being about 3.95%. The 4s were re-offered to yield from 2.25% to 3.90%, and the 3Ms were nature. stock increased Republic Natural Gas Co.—-Initial dividend of 20c. a share on the new $2 par stock now outstanding, payable April 25. Company recently exchanged its old $1 par stock for new $2 par shares at the rate of one new share for two old shares. Dividends of 10c. a share were paid on the old stock on Oct. 15 and on May 5, 1938. 3,999,000 Detroit, DIVIDEND the common stock, payable paid on Dec. 23 last, and 50c. on Nov. 1, Outboard Marine & Mfg. Co.—Dividend on the common from 30c. a share to 40c. a share, payable May 10. simultaneously made 18,156,681 Oklahoma (State of) funding bonds, due from 1940 to 1954, incl., were issued as 2s and 2J^s, at a price of par, or a net interest cost to the State of about 2.07%. Investment bankers were able to bid for only $6,011,681 of the total issue, as holders of $12,145,000 of notes involved in the refinancing had agreed prior to opening of bids to exchange the temporary debt for bonds on the basis of the terms on which the bonds available for public sale were taken by the highest bidders. The $6,011,681 bonds thus offered were awarded to a group headed by the Chase National Bank of New York, the provisions of the bid being as previously mentioned above. The total con¬ sisted of $2,689,000 2J4s, due from 1940 to 1948, incl., and $3,322,681 2s, maturing from 1949 to 1954, incl. The obliga¬ tions were re-offered for public subscription at prices to yield 0.40% maturity. share on the common Previously a dividend of five cents was paid on England Fund—Dividend of seven cents a stock, payable May 1. Feb.1,1939. May 1. This compares with $1 Aug. 1 and May 2, 1938. $20,000,000 New York (State of) institution and grade crossing elimina¬ tion bonds, due serially from 1940 to 1979, incl., awarded to the Chase National Bank of New York and associates as 1 at a price of 100.17, a basis of about 1.73%. Re-offered to yield from 0.2Q% to 1.85%, according to maturity. from Marine New Process Co.—Dividend^ 50c. a share on FINANCING MUNICIPAL International Marconi loans'aggregating $108,000. * 13 MONTHLY EE VIEW MAY, 1939] weeks. of this volume was contributed by the Share turnover in March amounted to last 24,-, 563,174 shares, and the total for April, 1938, was 17,119,104 shares. Volume of dealings on April 21 was 391,700 shares, of the following 154,900 shares, a new low, with the exception of the figure for last June 18, in 20 years. The stock groups displaying the weakest resistance to the forces making for the decline in prices were the manufacturing a new low for 10 months, and the volume day—a Saturday—was and steel issues. / with the turn¬ over for the month in the bond department of the New York Stock Exchange amounting to only $122,804,000 par Dulness likewise afflicted bond trading, Bond dealings month, totaled value, the lowest figure for any day value, a new low for any April for 20 years. on April 29, the last trading session of the only $1,691,000 par u MONTHLY REVIEW since 1918. October, New The "Times" York index of bond loss. earlier the United States Government bonds were prices, comprising representative railroad, industrial and utility issues, registered a decline of 0.95 of a point firm for the most part, in In the following table we show, as usual, the fluctuations for the month in the different issues of United States Gov¬ April, against closed the at tions fall of 2.33 points in March. The index lowest level since last September. a ernment The prolonged and undiminishing tension in European affairs unquestionably dampened interest in security trad¬ ing. The disclosure in the third week of the month that Administration officials were conferring in Washington on the various emergency measures effect for event of in war hostilities in markets in the Europe lent vividness to the possibility of Aside from the Albanian invasion Europe. by Italy, the activities of the Powers were confined to diplomatic maneuvers, of which there were many. The most important were the dispatch by President Roosevelt late on April 14 of an appeal to Chancellor Hitler and Premier Mussolini, asking them for pledges of peace for a period of 10 and preferably 25 years; the demand by the British Prime Minister, Neville Chamberlain, in the House of Commons, on April 26, of authority to establish a con¬ script army, and the Reichstag address by Chancellor Adolf Hitler on April 28 in which he responded to President Roosevelt's peace appeal. The feverish diplomatic activity served to enjoin caution on the securities markets. United States in fled to the Munich the in the crisis form employment seeking Capital to that of but this capital piled up here deposits and gold, with little of it in the stock and bond markets. omnipresent possibility that operated volume like only last year, bank of a war if the underwriters of But, however obvious wis and the American not the whole the of story. March peak need to proceed markets, it was American on Each passing week made it more was clear the of 56.1%, automobile production failed to over the March rate, and the strike usual gain caused mining to be reduced to about one-fourth of the previ¬ Bituminous rate. ous output in the first week of April averaged only 310,000 tons daily, compared with 1,192,000 tons in the preceding week. Oar loadings immediately reflected the loss of coal traffic, of week the April falling to 535,470 preceding week, decline with loadings in the first cars from of 604,241 cars in The coal strike 11.4%. adversely affected steel operations, and was about to bring curtailment in other lines. Whereas the industrial a also production index of the Federal Reserve Board was As to the fluctuations in individual stocks, United States Steel was at its highest April 3 at 53% and at its lowest April 11 at 44%, with the close April 29 at 45%. Steel preferred was at its highest April 3 at 114 and at its lowest April 19 at 107%, with the close April 29 at 107%. Tel. & Tel. the close rose April from 29 148 April at 157%. 10 to 159% General Amer¬ April 27, Electric fell from 37 April 3 to 31 April 11, with the close April 29 at 34. Chemical & Dye dropped from 166 April 1 to 151% 10, with the close April 29 at 157%. Westingliouse Allied April Elec. & lowest Mfg. was at its April 11 at 82%, highest April 3 at with the 97 and at its close April 30 at 88%. Consolidated Edison Co. of N. Y. fell from 31% April 3 to 27 April 11, with the close April 29 at 29%. In the railroad list, New York Central was at its highest April 3 at 16% and at its lowest April 8 at 12%, with the close April 29 at 14. Delaware & Hudson fell from 17% April 3 to 12% April 11, with the close April 29 at 15. Union Pacific dropped from 94% April 3 to 81% April 11, with the the close April 29 at 89%. Southern Pacific was at its highest April 3 at 14% and at its lowest April 8 at 10%, with Treasury 2 Ms Treasury 2Ms Treasury 2 Ms Treasury 2M8 Treasury 2 Ms - Treasury 2Ms Treasury 2Ms Treasury 2 Ms 110.28 111.4 109.15 115 .3 120.19 26 3 115.3* Apr. 27 104 .25 Apr. 106 .21 Apr. 106.11 Apr. 110.19 Apr. 104.11 6 110 .22 Apr. 107 3 110.13 Apr. 110.22 Apr. 110 23 Apr. 110.16 111 111.1 110.13 Apr. 110.27 Apr. 111 .18 Apr. 111 .23 Apr. 109.5 Apr. 106.27 3 Apr. Apr. 111.15 26 110 .18 Apr. 3 Apr. 110 ,7 108.12 Apr. 107.12 Apr. Apr. 29 110.6 107 .24 Apr. 109 .2 Apr. 106.16 Apr. 108.26 107.24 108 .9 Apr. 29 28 28 107 .9 Apr. 28 107~.8~ 109.1 106.14 106.4 105.18 105.12 Apr. 104.17 Apr. 106 .13 Apr. 105 .24 Apr. 29 28 106.13 104.11 Apr. 107.12 Apr. 105 .19 Apr. 28 105.14 108 .4 Apr. 27 106.18 Apr. 104.10 Apr. 107 .10 Apr. 105 .19 Apr. 27 28 105.10 104.11 Apr. 103.18 Apr. 105 .15 Apr. 104 .12 Apr. 29 105.14 108.23 Apr. 109.2 104.22 104.22 ..1949-1953 1950-1952 ,.1947 - . 110 ..... Treasury 2s Ap Sale 120 .20 Apr. 115 .19 Apr. 106.27 Apr. 110.25 1956-1959 1958-1963 1960-1966 1945 1948 Treasury 2 Ms Treasury 2 Ms 115 106.21 104.18 104.23 103.31 Apr. 28 Federal Farm Mtge. Corp.— 3 MS 1944-1964 '. 3s 1944-1949 3s 2MB 108.11 1942-1947 1942-1947 Home Owners' Loan Corp.— 3s series A 1944-1952 2 Ms series B 109.2 9 29 5 105.21 Apr. Apr. 106.10 Apr. 105.21 Apr. Apr. 108.19 Apr. 106.23 Apr. 108 26 108.19 107.28 Apr. 101.19 Apr. 108.13 Apr. 28 108.11 101.27 101.31 Apr. 17 101.21 104.27 104.19 Apr. 104.31 Apr. 28 108.5 1939-1949 1942-1944 2Mb series G Railroad and Industrial Apr. 1 Opening Bonds Price Alleghany Corp coll trust 5s.1944 76M Amer & Foreign Power 5s—2030 52 M Atch Top & S Fe gen 4s 1995 Bost & Maine 1st 5s ser A-C.1967 107M 32 M 1950 1992 Brooklyn Union Elev 5s Chesapeake & Ohio 4 Ms close April 29 at 12%. Baltimore & Ohio fell 6% April 3 to 4% April 10, with the close April 29 at 5%. Chesapeake & Ohio moved down from 33% April 3 to 27 April 11, with the close April 29 at 31%. Southern Railway was at its highest April 3 at 16% and at its lowest April 11 at 11%, with the close April 29 at 14. 68 77 100 M 10 98 5 3 3 122M 101M 53 M Apr. 7 7M Apr. 74M Apr. 43 Apr. 53 98 93 Apr. 98M Apr. 62 56 Apr. 65 8 Apr. 10M Apr. 42 M Apr. 48 M Apr. 71 Apr. 77 M Apr. 75~~ 39 Apr. 51 Apr. 43 M 9M ..1955 New York Central 3Ms 77 M 1946 N YC&St L4Msseries C..1978 1963 6M Apr. 51M B.1947 Kan City Sou ref & impt 5s..1950 Mo Kan Tex cum adj 5s 1967 New York Steam 3Ms. 30 3 81 1963 Internat Paper 5s ser A & Morris & Essex 5s 10 101M Apr. 29 3 10M Apr. Apr. 111 Cent St L & N O 5e 3 3 123M Apr. 8M Apr. Apr. Columbia Gas & El 5s.May 1952 Apr. 32 M Apr. 86 M Apr. Apr. 48 70 M 53 M 107M 3 108 M Apr. 81M Apr. 7M Apr. 56 M 51M Apr. 105M Apr. 27 M Apr. 52 M Price Highest Apr. Chic Milw St P & Pac 5s A.. 1975 Erie ref & impt 5s ol 1927—1967 Great Northern gen 4 Ms 1977 Apr. 29 Closing Lowest 120 48 M 104M 102 M 82 Apr. 45 Apr. 94M Apr. ~9M 104M Apr. Apr. ..1997 80 74M Apr. 81 Pennsylvania RR deb 4Ms.. 1970 Conv deb 3 Ms 1952 84 79 Apr. 84 81 74 M Apr. Northern Pacific 4s S'western Bell Telep 3s 1968 106M Warner Bros Pictures 6s 1939 101 1952 1st 4s 84 M Apr. 1 Opening Foreign Bonds 77 Argentine external 4Mb 1971 Australia 5s of 1925 1955 Belgium (Kingdom) 6 Ms Brisbane (City) 5s 1949 107 99 103 M 87 108M Apr. .1945 105M 1941 1949 1954 106 105 New South Wales (State) 5s. 1957 98 Norway 4s. 1963 98 M Queensland (State) ext 7s 1941 103M Rome (City) external 6Ms.. 1952 51 H 6s French 7Ms stamped German (Rep) 7s stamped Japanese Govt 6Ms__ 1955 Sydney 5 Ms VOLUME OF Month of April Stock sales—No. of shares Bond sales (par value)— Railroad and miscell State, munic. & foreign 22 M 75 M 110M Apr. 101M Apr. ON 1939 20,246,238 S 93,396,000 21,949,000 100 5 109" 1 14 95M 3 Apr. 3 20 M 82 M Apr. 6 79 M Apr. 99 Apr. 4 Apr. 99 Apr. 3 23 H 18 M Apr. 75M Apr. 94 M 94 102M Apr. 43M Apr. THE Apr. 95M 25 105M Apr. 27 106 Apr, 1 Apr. 94 100 BUSINESS Price Apr. 105 M Apr. 94 Apr. 100M Apr. 93 Apr. 105M Apr. Finland Apr. 29 28 99 M Apr. 3 Apr. 98 H 5s ; 78 M Highest 100M Apr. 89 1944 (Republic) Denmark 6s 100*Mi Closing Lowest iio" 1952 Cuba 1 3 Range During April, 1939 1942 Canada (Dominion) 5e Apr. 101M Apr. 84 M Apr. Apr. 83M Apr. 95M Apr. 1957 74M 82M 79 M Apr. M Apr. 83M Apr. 105M Apr. 100 M Apr. Price Apr. 1938 17,119,104 $ 97 M 103M 103M Apr. 25 52 M Apr. 3 100 Apr. 1 STOCK EXCHANGE 1937 34,606,839 1936 39,609,538 $ S 102,133,000 204,127,000 194,970,000 28,669,000 22,938,000 62,070,000 18,154,000 294,866,000 236,062,000 193,872,545 218,712,223 U. S. Government 7,459,000 18,750,000 18,832,000 Total bond sales 122,804.000 139,715,000 the from Range During April, 1939 C C C & St L 4 Ms series E_. .1977 February to March at 98, it seemed certain April figure would be lower. that the with Treasury 2 Ms Highest 104.13 Apr. 104.11 Apr. Western Maryland un¬ changed from ican Treasury 3s busi¬ plain that this bituminous coal miners in the Appalachian area coal Treasury 3s The that the spring rise in business fell under seasonal expecta¬ tions. Steel production fell to 48.6% of capacity from show 1946-1956 1940-1943 1941-1943 1943-1947 1941 1943-1945 1944-1946 1946-1949 1949-1952 1946-1948 1951-1955 1955-1900 1945-1947 ..1948-1951 1951-1954 Treasury 3Ms Lowest 119.27 Apr. 1944-1954 Treasury 4s Treasury 3Ms.. Treasury 3 Ms Treasury 3 Ms Treasury 3Ms Treasury 3M8-Treasury 3Ms Treasury 3Ms Treasury 3 Ms the paralyzing influence which continuing European crisis exerted ness 1947-1952 Treasury 4Ms Apr. 29 Last Sale * the Range During April, 1939 First should come. war the Apr. 1 to relieving a considerable number, likewise, of foreign government bond prices: Government Bonds would break out in Europe postpone certain offerings of new securities, and the practice became increasingly common of including in underwriting contracts for future issues of securities a clause obligations and domestic corporate and high level. which they would put into securities markets and other the around the year's with occasional fractional fluctua¬ Jan. 1 to April 30— Stock sales—No. of shares Bond sales (par value)— Railroad and miscell State, munic. & foreign 83,865,085 S 78,792,899 $ $ ■8 461,517,000 453,525,000 93,604,000 87,801,000 967,580,000 1,128,859,000 145,738,000 123,662,000 61,324,000 232,488,000 U. S. Government 31,800,000 Total bond sales 586,921,000 114,891,000 602,650,000 1.345,806,000 1,367,412,000 Recessions in the bond market, begun after the middle of March, carried into April, and medium- and lowerfollowing the trend of stock prices, per¬ sisted in their downward course early in the month. Bonds in this classification, rated Baa according to Moody's In¬ vestors Service, averaged declines of 3% points and, grade were VOLUME OF BUSINESS ON THE CURB EXCHANGE securities, Month of April Stock sales—No. of shares Bond sales (par value)— Domestic 1939 3,497,684 $ 1938 2,903,850 $ 1937 8,703,165 1936 10,134,440 S $ 29,679,000 25,414,000 40,582,000 59,954,000 334,000 510,000 1,984,000 1,489.000 together with losses sustained in March, represented a drop of 6% points from their high level for the latter month. Foreign government corporate 713,000 515,000 703,000 1,049,000 Some improvement during the month in Baa ratings scaled down to a degree this large loss, but the final Total bond sales 30,726,000 26,439,000 43,233,000 62,479,000 figure still Among corporate obligations of high-grade the downward sweep of values was not near so pronounced as those of lesser grade, declining on the remained average a % formidable point one. the fore part quent recovery of about % of a of the month, with subse¬ point, fractionally offsetting Foreign Jan. 1 to April 30— Stock sales—No. of shares Bond sales (par value)— Domestic Foreign government Foreign corporate Total bond sales 15,157,889 $ 14,426f;901 $ 160,655,000 101,902,000 1,822,000 56,616,796 $ 64,900,177 ■ $ 359,041,000 7,318,000 2,356,000 2,536,000 2,391,000 184,960,000 5,968,000 5,286,000 164,833,000 106,829,000 196,214,000 370,873,000 4,514,000 MONTHLY REVIEW MAY, 1939] THE MONEY MARKET DURING APRIL of gold and another sharp rise in excess member bank reserves were the salient features of the money market during the past month. Largely owing to the continued anxiety over European political developments, the flight of capital to in the westward movement A further acceleration proportions, representing, also operations by central banking institutions endeavoring to move part of their reserves outside of the area of i>ossible complications. A significant development during the month was evidence of a rapidly growing eagerness on the part of foreigners to acquire dollar currency, partly for hoarding abroad and in part for safekeeping in this country. Accentuated by the Treasury's drawing down of its large balances previ¬ ously accumulated in the Reserve banks, the enormous influx of gold resulted in a progressive rise of excess mem¬ ber bank reserves carrying their figure to a new high of $4,120,000,000 April 26. Although commercial borrowings disclosed a further moderate increase, the general demanu for bank credit remained disappointingly small, causing the banks, as heretofore, to look to Government securities as their principal field for investment. Treasury financing was restricted to the usual four weekly bill issues of $100,this as assumed country enormous not only private transfers but it did, Gold imports $585,100,000, of which sum $371,400,000 originated from England, $84,600,000 from Belgium, $55,500,000 from Switzerland, $44,300,000 from Holland, $7,000,000 from Canada, $5,600,000 000,000 each, similar maturities. to replace during the month reached the huge total of from from India, $4,500,000 from Argen¬ Japan, $4,600,000 Australia. Although releases $115,000,000, the total holdings of earmarked gold rose substantially from $650,000,000 at the end of March to $770,000,000 at the close of April. The net increase in the gold stock of the country amounted tina, $4,200,000 and from from earmarks amounted to approximately $530,000,000, carrying the country's hold¬ a new peak of $15,790,000,000. Discount holdings of the 12 Reserve banks decreased from $3,322,000 March 29 to $3,038,000 April 26, while bills bought in the open market again stood virtually unchanged at the negligible figure of $562,000 April 26, compared with $561,000 March 29. Total member bank reserves rose steadily from $9,124,860,000 March 29 to $9,902,809,000 April 26. Average rates on 91day Treasury bills, after recovering from an early low of 0.016% to $.025%, subsequently again receded to the former level, while average yields on three- to five-year Treasury to ings to declined notes term 0.50% to 0.48%, from Treasury bonds from 2.31% York Stock Exchange and those on longer- 2.26%. to On the New remained un¬ the call loan rate THE NEW YORK STOCK changed at 1%. CALL LOAN RATES Low ON High Low Renewal EXCHANGE Renewal High Apr. 1... Apr. 2... Apr. 17.. 1 1 1 Apr. 3... 1 1 1 Apr. 18... 1 1 1 Apr. 4... 1 1 1 Apr. 19.. 1 1 1 Apr. 5 1 1 1 Apr. 20.. 1 Apr. 6... 1 1 1 Apr. 21.. 1 Apr. 7... Holiday Apr. Apr. 8... Saturday Apr. 22.. 23.. 24 25.. 26.. 27.. Apr. Saturday Sunday 16. Sunday 1 1 1 1 prevailing rate for average grade prime four- to six-month paper was again quoted at %% to %%, although the lower rate of Vi°/o was established in the majority of transac¬ tions, Under date of April 13, the Federal Reserve Bank of New York announced that returns received from com¬ $191,200,000 of open outstanding on March 31, com¬ pared with $195,300,000 at the end of February and $296,600,000 on March 31, 1938. commercial market 1 Apr. 10... 1 1 1 Apr. Apr. 11... 1 1 1 Apr. Apr. 12... 1 1 1 Apr. Apr. 13... 1 1 1 Apr. 28.. Apr. 14... 1 1 1 Apr. 29.. ' 15... Apr. 30._ 1@1 Apr. 29 Call loans on Stock Exchange: Range for week (mixed & ind. collat.). • 1 Week's aver, mixed & Indus, collat.). IX IX IX IX IX IX IX IX IX IX IX IX X@X H@X x@h x@x X@X x@% IX IX IX IX IX IX IX IX IX X@X X @ X ..... - Four months .... Five months ' IX IX Thirty days Ninety days 1 1 ' 'IX Sixty days 1@1 1@1 1 Time loans (mixed & indus. collateral): — Six months, ■ Commercial paper: Double and single names: Prime 4 to 6 months. * Good 4 to 6 months displayed, the same char¬ acteristics as heretofore, namely, entirely inadequate sup¬ plies in the face of active banking investment demand. Outstanding acceptances, according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York, published April 14, totaled $245,016,675 compared with $248,095,184 Feb. 28 and $292,742^315 March 31, 1938. -Domestic warehouse credits .decreased from $38,155,586 Feb. 28 to $33,643,610 March 31, while import bills increased slightly from $86,849,766 to $87,109,568, export bills from $57,331,836 to $57,936,223, and bills based on goods stored in or shipped between foreign countries from $54,272,103 to $55,714,875. Bills held by accepting banks aggregated $190,557,882, of which sum $116,777,681 were own bills and $73,780,201 were bills of others. Rates for bankers' acceptances continued to be quoted at %% bid and 7/16% asked for 30-day, 60-day and 90-day bills, at 9/16% bid and y2% 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 "Monthly Review," discussed conditions in the market for Trading in bankers" acceptances bankers' acceptances as follows: April, and bankers to release for sale in the market any appreciable amount of bankers' acceptances. As for some time past, accepting banks preferred to release bills only to institutions from which bills in turn might be acquired. No change occurred in dealers' quoted rates. The volume of bankers' accept¬ ances outstanding at the end of March showed a further small decrease, usual at this time of year, due chiefly to a decline in domestic' warehouse credits. Declines in this class of acceptances and in export bills accounted for most of the reduction of $48,000,000 from a year ago in the total market bill "The to be inactive during continued reflecting unwillingness of accepting banks of bills outstanding." PRIME Sunday 1@1 Apr, 22 Apr. 15 ACCEPTANCES BANKERS* Saturday Apr. YORK Week Ended- 1 Apr. MONEY AT NEW Apr. 8 Sunday 1 9-_: paper RATES FOR volume Saturday showed a total of mercial paper dealers Sunday Apr. Saturday __ 1 1 1 1 1 1 I 1 1 1 1 1 Call Loans Feb. 180 Days 150 Days 90 Days 120 Days 30 Days 60 Days Accept'ces Bid & Ask Bid & Ask Bid & Ask Bid & Ask Bid <«• Ask Bid & Ask Secured by Saturday 1 Sunday 2 Timo loan rates on security collateral showed no change from the long-established nominal levels of 1%% for 90-day 3.... loans and 6 new loans, the to lMs% for loans running 180 days. in dulness trading security furnished and transactions, as renewal DAILY of older RECORD little heretofore, The extreme for incentive were confined LOAN 4 Xaht XaXt Xa7 ie - - X -r 8-- 60 Days Xa7n 9i taX Xa9it Xa9u Xa716 Xa7 is Xa716 9i taX X a9u Xa'n Xo7 ie Xa7 is Xa7n •i eaX Xa9n Xa716 Xa7n Xa716 Saturday 9ieaX Xa9ie Xa9n Xa9it Xa9\i Xa9 ii Xa9n - - - •' - - - Xa716 15 5 Months Xa7it 9i 8aX Xa71« Ha'n 9i taX Xa7it htaX Xa7 ie Xa7 ie Xaht Xa7i» »u>aX Xa'is Xa9n 21 Xa7n Xa7n Xa716 9ieaX Xa'is Xa9it Xa7 is »U ax Xa7 ie 9ieaX 9i eaX Xa716 Xa7 ie 9i6 aX Xa7 Xa716 "is aX Xa9 is Xa9ic Xa9n Xa9i6 Xsd9l6 Xa9\i Xa9n Xa7 is - - - Xa7\t Xu7n - Apr. 3... IH IX IX IX IX IX Apr. 4... IX IX IX IX IX IX 22 Apr. 5... 1H IX IX IX IX IX 23 Apr. 6... 1X IX IX IX IX IX 24 Xa7 ie Xa71« Apr. 7... Hon day 25 Xahi Xa7 is Apr. 8... Satur day 26 Xa'it Xa716 Apr. 9 Xa" i« Xa7it ' 19 Sun day IX IX Apr. 13 IX Apr. 14... IX Xa9 it Sunday «. - ~ - - 1 - 27 IX IX IX IX 29 IX 30 Sunday IX IX IX IX IX IX IX IX Xa9 la Xa9is Saturday IX IX IX IX IX IX Apr. 16... 28 - - OF IX is THE FEDERAL BROKERS' IX IX ' RETURNS Sun day IX - Xa9it IX Satur day IX Xa9\% Saturday IX Apr. 15... Apr. 17... Xa9i» Xa7 ie - Sun day IX Xa9it Xa7n 17 2... IX > 20 6 Months Apr. Apr. 12... < Sunday 18 Apr. 11 Xa9n Xa7n 12 RATES 4 Months IX 9i taX Xa9it Xa7n - Satur day IX Xa»it Xa7i6 - - 1... IX %a9is Xaht • Apr. Apr. 10... Xa'ii 9i6 aX 11 Mixed Collateral 90 Days Xa9 it Xa91« Sunday 9 16.... 30 Days 9is aX 9i iaX Saturday — 14 on %a9u 9i6 aX Holiday 7 13 Rates Xa7it Xa7\t ... . Xa7ie Xa718 Xa7i6 5 Xd7it Xa716 Xa7 is 10 accommodations. OF TIME 7it • - IX With capital Apr. 18 IX IX IX IX IX IX Apr. 19 IX IX IX IX since IX IX IX IX IX IX IX IX IX IX Apr. 24... IX IX IX IX IX IX Apr. 25.. IX IX IX IX Apr. 26. IX IX IX IX IX IX Apr. 27... IX IX IX IX ix. Apr. 28... IX IX IX IX IX RESERVE BANKS- NEW YORK CITY arriving from Europe in the largest volume bank Apr. 21... IX IX IX IX Apr. 20--:. LOANS IN Satur day Apr. 22... Sun day Apr. 23... .. S'lTV Apr. 30. Munich crisis of last September, excess reserves, affecting the banking position in it did to aggravate the glut to impose more extreme pressure on the their !n v surplus reserves, and to April, serving of idle funds in the banks, as increase banks to employ substantially the circulation of currency. Commercial mand, influences IX IX IX IX Satur day Apr. 29... the deposits and the monetary gold stock of the United States were driven upward in April to the highest levels on record. The war scare in Europe dwarfed all other paper continued in active investment whereas available offerings remained limited. In de¬ The of the four weeks from gold from March 29 to April 26 the Europe accounted for an inflow increase of $554,- 16 MONTHLY EEYIEW 000,000 in this country's gold stock to 714,000,000. The in the tock gold period was $136,000,000. In the week ended $175,000,000 was added to the gold stock, the increase in any week since September. In these 19, April largest four weeks the Treasury deposited no less than $606,998,000 gold certificates with the Federal Reserve banks. spite of these large gold certificate deposits, exceeding by $53,000,000 the additions to the gold stock, the Treas¬ ury's balance in the Reserve banks decreased $'288,477,000 to a total of $912,910,000. Out of the $842,000,000 of funds accruing to the member banks from the increase in the member gold stock and the disburse¬ Treasury, $777,919,000 net was added to actual bank reserves, causing these reserves to rise to a high level at $9,902,908,000. new As the Treasury disburse¬ capital inflow from Europe made for an increase in bank deposits, however, required reserves of the ments and member be to of the banks increased $178,000,000, added to the volume of surplus bank One of the leaving $600,000,000 to $4,120,000,000 United the was States paper currency for hoarding abroad. Normally in April, following the passing of the Easter holidays, currency circulation declines. But in April of this year currency not only increased more than purposes in the pre-Easter period but failed to decline on bal¬ in the succeeding three weeks. For the four weeks usual ance to April 26 the volume of currency in circulation increased $95,000,000 to total of $6,860,000,000, a new high for Federal Reserve notes in actual circula¬ a this time of year. tion expanded the fact that $88,026,000 to a total of $4,433,389,000. From $69,595,000 of this increased demand for Fed¬ eral Reserve notes trict it was was into ing of dollar currency the to on the other. in currency at were a new New in York dis¬ calling were the were more, York With premium quoted shipments of currency Europe, high, and a incomplete returns on Ameri¬ in March for April, according to Federal Reserve" officials, indicated that still new high for the shipments would be established. another Federal total of Reserve credit in use expanded $2,000,000 to a $2,580,000,000. Bills discounted for member banks $284,000. The Government securities portfolio due Financial as of the Reserve banks as was unchanged both as to to distribution of maturities. total hold¬ Non-member deposits and other Federal Reserve accounts showed a rise of $10,000,000, owing primarily to the $15,330,000 decline in foreign central bank deposits in the Reserve banks and the were the of to cause these a banks. rise of These Treasury $441,000,000 in same influences mainly responsible for the increase of $293,000,000 in to amounts $1,358,000,000, investments but once of the New again the rise than loan activity. investments were Loans to in or York was excess 20%. banks increased Loans and were $164,000,000, an declining $87,000,000. upturn of $251,000,000. ished declined $15,000,000 and spectively. $10,000,000, re¬ weekly reporting banks in 101 cities experienced an increase of $66,000,000 in total loans and investments in four weeks from March 22 to April 19, with loans off $85,000,000 and investments up $151,000,000. Loans to com¬ merce, industry and agriculture increased $53,000,000, but loans to brokers and dealers dropped $104,000,000. Treas¬ ury bill holdings declined $77,000,000 and Governmentguaranteed issues were off $6,000,000, but Treasury notes increased securities to $16,000,000, Treasury bonds $96,000,000, and other $122,000,000. Demand deposits rose $643,000,000 high at $16,619,000,000. Loans of reporting New York City banks to brokers and a new dealers in securities—the so-called brokers' loans—declined $64,000,000 to a total of $547,000,000 in the four weeks from March 29 to April 26. Street loans as compiled by the New York Stock Exchange decreased $107,412,496 during April to .$547,443,175 April 29 from $654,855,671 March 31 A I year 16 flight the dollar was in to New York of In the second half of April the flow in the middle of April Official figures pub¬ showed that of the end of as The outward been since March 16 to as renewed cause British financial authorities. The reached such proportions as to cause a the to had ment moyement of funds from Great Britain had intensified so move¬ severe tightening of money rates in Lombard Street and was re¬ in the deposits on the London clear¬ flected in a sharp drop ing banks. of liquid funds and the curtailment of loan¬ The scarcity funds able British the in in the marked decline in The of the extent of stocks States additional $2,779,000,000 had At the markets New to August, since United the transfers gold by the fact that cated industrial shown was British Government issues. 1938, reached York is indi¬ the when gold $13,000,000,000 an arrived by April 2S. of the gilt-edge market in January, 1935, long-term bonds were selling on about a 2.90% basis. Toward the end of April, 1939, their yield had risen to 3.75%. Total House peak Government British for deposits average showed banks the almost an 11 London Clearing steady decline since July, 1938, in two distinct waves of withdrawals. Deposits fell £2,309,000,000 in July to £2,249,000,000 in November, from and between December and the end of March dropped from £2,254,000.000 to £2,152,000,000, in contrast with the record £2,339,000,000 high of little more declined than one reached £177,000,000, by The January, 1938. a at April. supply of short-term bills in the London the In $828,000,000 approximately or of exchange current in rates in London bank deposits have thus year money mar¬ ket in Bill portfolios of the clearing banks dwindled to the lowest ended year 31 March was materially reduced. volume in many years. At the end of March the combined portfolio averaged only £190,000,000, compared with £305,000,000 in August, 1938. The of scarcity of bills, the inactivity and uncertainty of security market, together with the rising yield Government securities, caused London stock brokers in large syndicate to apply for Treasury bills in the weekly allotment. Many of the discount and accept¬ ing houses, it was shown in April, had for a long time been a obliged to hold volume of The Government obligations due to the limited both home tightness of authorities to stress at home. believed ization and caused the disclosed, but it March 16 since Fund trade. British banking necessity of keeping British funds the No figures were that international money the generally was British Exchange Equal¬ again pressed owing to the loss of gold. was The Chancellor of the Exchequer took the significant step toward not to the A of April of appealing to private investors at present by buying foreign securi¬ to facilitate to was the New to prevent in particular the York. ' asked in the House of Commons whether was Chancellor control of funds question order or of The appeal was intended transfer in end export capital financing of armament expenditures proposing to take export of British foreign securities, to which, to prevent measures capital for the purchase April 20, Sir John Simon on made the following written reply: "As the House has been informed on several occasions, foreign securities for resale is already regu¬ Foreign Transactions Advisory Committee, the purchase of The the nervous Canada. in the securities the February $178,000,000 of foreign gold had been earmarked side, the reporting New York City banks acquired $113,000,000 more Treasury bills, $120,000,000 more Treasury bonds, and $43,000,000 more other securities, but tlieir holdings of Treasury notes and Government-guaran¬ teed the period marked a funds into Canada. British of lished ties. On the investment reflected developed after March and funds from London to the United States dimin¬ somewhat, due apparently to an accelerated move¬ ment industry and agriculture increased $16,000,000, but loans to brokers and dealers declined sharply (as hereinafter set forth), loans to banks were reduced by $33,000,000, and other loans declined $13,000,000. commerce, customary of gold traceable to investment rather While loans showing of was except Paris. centers demand deposits—adjusted of the reporting New York City institutions, raising the total to a new high at $7,428,000,000. The rise in these deposits in the year to April 26 the gold and foreign funds from London and all other European April to form the actual reserves within centers Throughout there and Turning now to the position of the reporting New City banks, one finds that the gold inflow and disbursements combined all conditions which Czechoslovakia. demand the London York almost result of the German invasion and dismemberment of a $26,997,000 rise in other deposits. Treasury currency $12,000,000 to an aggregate of $2,849,000,000, while Treasury cash decreased $29,000,000. increased in markets uncertain and decreased ings and also limits, narrow which prevailed prior to 1914. The steadiness was entirely to official support of the British and American equalization funds. hoard¬ by foreign interests, and the shipments of American currency hand, Europe, can the New These special influences use. one in plain that special influences money on concentrated EXCHANGE IN APRIL range anxiety interesting influences exerted on American banking position by the war fears in Europe more the demand for on reached. ever within ing The volume reserves. amounted reserves April 26, the highest level excess OF STERLING Sterling exchange was steady throughout April, fluctuat¬ Yet in ments by the COURSE high at $15,- new a rise this during of weekly average ago, $446,766,529. on April 30, 1938, these loans aggregated lated by and I am glad of this opportunity to express my hope that purchases will be made for investment either. I such no am the sure that the the good export quirements for deleterious to On of capital national national at the indicate to them time, present defense are so when re¬ would great, be interests." April 25 the British Cabinet introduced in the House Commons expenditure national acted and of investors will sense of record a of peace-time budget calling for $6,582,859,848, defense. At including about the same time a bill calling for the immediate conscription of 21 years approximately of age, to 750,000. increase the Warning total the was en¬ of 20 forces to men Territorial that a $2,949,975,000 for £630,000,000 allotment for defense purposes "may well be more" before the year is out, the Chancellor estimated the total revenue for 1939-40 at £1.025,999.000 and ordinary expenditures at £1,025,843,000. The Chancellor estimated 1938-39 total rev¬ enue at £1,006,235,000 and expenditures at £1,018,949,000. 1 1l stated that he did not consider that the Chancellor The should be met by loans. On the basis of current taxation sched¬ ules a revenue yield of £922,444,000 was indicated, but this whole burden of Outstanding of for £8,000 and The standard rate remained unchanged at 5s. 6d. per pound. incomes on tax tobacco tax £8,000. over and in turn a large inflow of gold to this country. Pressure principal European exchanges was intensified early in the month when Italian troops occupied Albania. The the on market the taxes to £942,600,000. the tax changes was the imposition among 10% income The new expenditures additional 5% surcharge on incomes up to an further a by defense in increase to be increased was to afforded was month, be speech the Reichstag, to {Continued to ^ to to to to to to to to to to increase the in automobile horsepower The general the increase felt in Europe April 13 in war to-day basis. writers In New York it had Germany canceled and shipments to War risk This British other most on third April 13 have on shipments to or advance in ports such underwriters would in accordance shipments from 6%c. per $100 to 7%c, with It feature United of the gold which Czechoslovakia gold ingots. It I I I I rf. if* . . I S a a a a a 4* 4*- 4- o- it* os os os Os os os -4 -J —I -J O0 00 os —J & £ aaaaaa 4. 4. t^. t4- ti. 4- if* O. 0- tt. ^ tl~ »* rf. it-. 4* csosososcsos -J-J-J-J-J-J a » ts a a a 4- it* it* it* 4* 4* movement occurred \W oJs —' V- \M \M ~ 4. 4* 4- oo\oikoox 4* if* 4- 4* 4* 4* cs os cs os os os OS OS OS OS OS OS os os os os os os GO 00-J-J-t 00 00 00 00 00 00 00 00 00 00 00 00 00 aaaaaa aaaaaa 4^ 4^ 4^ 4. 4, 4. on 4« 4. OS OS OS OS CS OS 00 00 00 00 00 oo 4. it* 4* 4. 4- 4. as a a a as a 4. 4. 4. 4. 4. 4. •»* o> M- 4*- 4- 4- 4* 4- 4* 4» t4 4. 4* 4. 4* ** o> a> ax *-"* I*4 at at at at at S Q x 0C N aaaaaa .g& 4. 4. 4. 4* 4* 4* OS OS OS OS OS OS oo oo oo oo os oo jr J? os 4.4.4.4»- 4* 44 measures cr» J? J? T os GoVOoS CffvaKooS o> J? jc JC -T1 ^ o, oi o» «> <x» os o> 4k4».4»-4^4»t4^ from before a 4^4^4^4".4»-4k OSOSOSOSOSOS OS OS OS OS OS OS -J-4-J-t-4 00 00-4-4-4-4-4 s*** temporary Europe 44 OS -4 sks:*** ^ 4- 4. 4- 4- 4- 4. openly 4* 4- 4" 4- 4>- 4. y4-4*4-_4k4'4-W4-4-4*4-tf*rf'-P 4-4>>4-4-4-4»'P4-4-4;« •^bsbsbsbsbsbst^bsbsbsbsbsbst^ osososcsosost^ososos KjOSCSOSCSOSOSHiCSOSOSCSOSOSKi 1 o to fflvj, w ^ SM vp, M »- ,0" oik .T .T -T —4 OS OS CS OS CS ^ i ^ OS OS OS SgiMWKK. K 5 J O 4*. >4-. 4. 4* OS OS OS OS CO OS OS OS United States 'Post OS £sXgXKX fHaaaaaasaaaaaaH aaaaaaH»»Ri O' a aaua O 4^ 4. 4* 4- OS 'os t"; OS OS os os os 4C -J s Cs Cl it* it* if* it* H* it* 4. 4. 4- 4- OS OS 3 OS OS OS Cn cn Ox Cn Oi Ox 333333 333333 3 d W Oi Oi Ui Oi Ot Oi 3 Oi Ol Ot 3 33333 H- *. 4- H. It- » 4- 4^ 4* 3 JK S aaaaaa Kisassosafa csoesssala a If* 4- 4- 4* 4. 4" 4^ 4» 4-4-4» 4. 4^ 4-4s. 4-. 4* Os os os os os os Oi Cn en Oi Crt Cn tf 4». to O O Oi Cfr Oi C73 Cn Cn Oi Cn Cn Ox 4^,4.4.4.4.4. 4.4.4.4.4.4. 4.4.4.4.4.4. 4.4.4.4.4.4. 333333 333333 -433333 333-433 3 333333 333333 cs^ to 4. 333333 333333 for engaged 4* 4s. 4- 4- >4- 4- *5 the to 4- 4^ 4* 4- 4- 4- -.asasasc5asas--C5©sosasasas„ os os os os os os os os os -4OSO>OSCSCS00OsOSOS ^ososososososCCososososososCO dismemberment the consignments 4s.4*^4^4>4* OSOSOSOSOSOS -4 —t —I —I 00 00 gold on the shipment by parcels post of understood that since the beginning of known 12 the C9 >f* 3 XXK&XS April I a- it* it* 4* a. a* tf. os os cs os os cs 00 00 CO 00 00 GO shipment. On I I •o .SXXKKJR was was the to I I tS- the year every mail vessel arriving from European ports brought about $1,000,000 of such parcels post shipments in addition I I was States I I fifsaaaa In April the efflux of American currency of I I substantially greater than in March, and passed the 15-year high record. A I I OS OS OS OS OS OS —J —J —J —t —1 —J approximately $23,000,000 net, the largest monthly amount continued. I I I interruption in shipments of American currency to Europe. During March shipments of American paper money were in many years. I I The higher insur¬ it was thought, might also cause rates, I I dispatches from London indicated that news by the British Government raise their rates ances I I OSOSOSOSOSOS taken I I March 31. on t I insurance rates cargo announced were t I increased. also were I I from quotations withdrawn I I I day- on a I I I > I I I I I I ^ to I I I I I rf* fr* answer I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I 1 I I I I ports touched by German or Italian ships. any high rates new On and virtually I I I I II understood that under¬ was quotations Italy, rates the was since The rates were was I I I I I risk insurance rates in both on London and New York. I I I I I II reflected in uneasiness I I I I to 25s., while changes were also made in motorcycle in 111) ia>Cn^C0t0H-Oc000^C50i^C0t0H- I from 15s. duties. tax 28, April on page on H* ► O CO 00 -t OS Oi (f. OS to*- o oc farthing. the there appeared to Later in the month raised, effective April 26, by 2d. per was Premier and relaxation in the tension, awaiting Chancellor Hit¬ some ler's Hitler commitment.' peace respite, in the middle of Roosevelt's message was sent Mussolini asking for a temporary President when Chancellor lis. 6d., and the sugar duty was raised by 1 The death duty was increased by 10% on estates exceeding £50,000. Of outstanding interest to business was pound 17 MONTHLY KEVIEW May, 1939] b® | <§ » si § S. Office Department banned shipment of gold to the United States by mail. The practice became obnoxious to the United States Treas¬ Department. ury such shipments The chief objection seemed be to 4.4.4.4.4.4. 333333 -4-4-4-4-4-4 either domestic activity in or of a few years ago Gold offer on amounted March. to in external British tended to trade. disguise The the The the London open compared mraket with during April £15,425,000 in London London market gold price ranged between 148s. The American price for gold (Federal Reserve Bank of New York) continued at $35 an ounce. London open market money rates were firm throughout August. Call money against bills was generally quoted at open and 148s. %%@%%. 6y»d. On April three-months' bills and six-months' months' bills months' bills compare the first 1 two-months' bills were 1%%, 11/4@1%%, four-months' bills 1 15/16%, 1%%. At the close of April two15/16%, three-months' bills 1%%, four- bills were iy2%, and six-months' bills 2%%. These rates with the following quotations during February and half of March: Two- and three-months' bills 9/16%, four-months' bills 19/32%, and six-months' bills 11/16%. Sterling cable transfers sold on April 1 at $4.68 1/16@$4.68 3/16, and on April 29 at $4.68 1/16@ $4.68 3/16. The high for sterling in April was $4.68 9/16 on April 15, and the low was $4.67% on April 19. LONDON CHECK RATE ON PARIS AND PRICE OF GOLD 3 IN 3 -4-4-4-4-4-4 \xn —4 e e S Jp c» a h o» OF FOREIGN EXCHANGE Portugal Franc Escudo Cables .64^a2.64% ,64^a2.64K ,64Ma2.64K .64Ma2.64% .64%a2.64K ,64%o2.65 ,64%a2.65 .6411iea641!ii6 ,64%a .64i5i6 22.42%a.43% 22.43 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Apr. 26 Apr. 27 Apr. 28 Apr. 29 ,64i3i60 641516 22.41 ,64^a2.64Ji ,6411ieO 6413i6 ,64%a2.643i ,64^a2.64Ji .64%a .6413i6 .64^a2.64J/8 London Apr. Open Market Apr. Gold Price Apr. SUN DAY Apr. Apr. 16... Apr. 17—. SUN DAY 176.71 Apr. Apr. 148s. 5d. Apr. 18... 176.72 4 176.73 148s. 5>^d. Apr. 19... 176.72 Apr. 5 176.74 148s. 6d. Apr. 20-- 176.71 Apr. 6.... 176.74 148s. 6d. Apr. 21__. 176.73 Apr. 7 HOLI DAY 22... 176.73 Apr. s'.". Apr. IIOLl DAY Apr. 23... Apr. 9 EAS TER Apr. 24... 148s. 6%d. 148S. 6d. ,64i3i602.65 22.42%a.43% a22.43 .64%o2.64% 22.42 .64% a2.64% 22.41 %a22.43 .64%o.64i5i6 22.42a22.42% .64%a2.64% 22.41 % a.42 % .6413160 .655i6 22.41 %«22.44 ,64^a2.64% ,64^a2.64% Apr. .64Ha.64i3i6 .64%a2.64?4 .64^a2.64M .64%o2.64% .64%o2.64% .64% 02.64% .64i3i6a2.65 .64%a2.64% .6411160 .64% .64Ui60 .64% .64%o2.65 ,64%a2.64% ,64%a2.64% ,64%a2.65 .64%a2.65 022.43 22.42 a22.43 .64i»i6o2.65 ,64i3i602.65 Belgium Belga 40.10040.12 Cables Checks 40.10%o40.13 16.82al6.82% 16.82%al6.83 40.07o40.09 Apr. 14 Apr. 15 39.97o40.05 19.60al9.80 Apr. 25—. 176.72 148s. 5%d. 148s. 6d. Apr. 26—. 176.73 1483. 6d. Apr. 27... 176.73 148s. 6d. Apr. Apr. Apr. 13 176.76 148s. 63^d. 148s. 6d. Apr. 18 39.99a40.05 176.77 40.02o40.08 Apr. 28... Apr. 19 176.73 148s. 6d. 14.... 176.75 Apr. 29... Apr. 20 40.04a40.09 148s. 6d. 176.70 148s. 6d. 15-_ 176.76 Apr. 30. Apr. 21 40.07a40.09 148s. 6d. Apr. 22 40.08a40.10 Anr. 30 16.78al6.82 16.78%a.823^ 19.60al9.80 19.60ol9.80 19.60al9.80 SUNDAY 176.78 Apr. 29 19.60al9.80 19.60al9.80 39.96a40.04 12 Apr. 28 19.61al9.80 39.99o40.08 11 Apr. 25, 19.61al9.80 19.61al9.80 19.60al9.80 10-.-. Apr. 27 19.61ol9.80 19.60al9.80 Apr. Apr. 26 19.60ol9.80 16.82%a.83% Apr. "Monthly Review" for May 1: Tension in Europe during the month of April caused a heavy inflow of short-term funds to New York from abroad, Checks 16.82%o.83% 40.08%a.ll% 16.82016.82% 16.82%al6.83 40.07%a40.10 16.81016.82% 16.81%al6.83 40.00a40.09 16.81016.82% 16.81%al6.83 Apr. 16 Apr. 24 Hungary SUNDAY Apr. 13 situation during April, the Federal Reserve Bank of New York said in its 4.24%o4.27 SUNDAY 40.08%a.l2% 16.84016.85% 16.84%al6.86 40.09%a40.13 40.10a40.13% 16.82%ol6.84 16.83al6.85 40.08%a.l2% 40.09a40.13 16.82016.83% 16.82%al6.84 40.10a40.13 40.10%a.l3% 16.82al6.82% 16.82%ol6.83 40.09040.13 40.09%a.l3% 16.82al6.82% 16.82%al6.83 40.14%a40.21 40.15o40.25 16.82al6.82% 16.82%al6.83 40.08a40.11 In commenting on the foreign exchange 4.24%o4.27 Pengo Cables 40.08a40.12 148s. 6%d. 14SS. 6d. Apr. 23 4.24%o4.27% 4.24%o4.27% 2.24%o4.27 22.45%a22.47 22.46022.47% 4.24%o4.27 16.82al6.83 40.15%a40.20 40.16a40.21 40.09a40.13 40.09%a.l3% 16.82al6.83" SUN DAY 04.27 22.42%a.43% 4.24%a4.26% 22.42%a.43% 4.24%o4.26% 022.45 22.42%o22.44 22.43 22.45%a22.47 22.46a22.47% 22.45 022.47 22.45%a.47% 22.45% 022.47 22.46a22.47% 22.47 %0.48% 22.48a22.49 Apr. 12 Apr. 17 022.44 4.25 SUNDAY Apr. HOLI DAY 22.42 Apr. 11 148S. 6d. 22.43 22.42%a.43% 4.24%o4.27 22.42a22.43% 4.24%o4.27 22.42%a22.43 4.24%o2.26% 22.42 022.43 4.24%o4.26% 22.42a22.44% 4.24%o4.26% SUNDAY Apr. Apr. 10 4.24%o4.27 022.44 4.24%o4.27 .64%a.6415U 22.41 %a22.43 22.42a22.43% 4.24%o4.26% o22.44 22.42% a.44% 4.24%O4.26% ,64%a.64i5j6 22.42 022.43 22.42%a.43% 4.24%o4.26% .64% a .64i5i6 22.42 .64 %o .64i5i6 22.42 a22.43 22.42%a.43% 4.24%o4.26% 148s. 6%d. 148s. 6%d. SUN DAY 176.72 a22.42 22.41 %a.42% SUNDAY .64 %a .6413i6 Checks London a22.48 4.24%o4.28 SUNDAY Reichsmark Check Rate 148s. 6d. 22.45% 022.47 22.42 22.42%o22.44 22.42%a22.45 4.24% o4.27 a22.44 4.24%o4.27 ,64i3i6o64i5i6 22.41%a22.43 22.42 .6413160 641516 22.42a22.42% 22.42%a22.43 4.24%o4.27 Germany Apr. Checks SUNDAY Apr. 30 Gold Price Paris Cables .64%a .64i5ie 22.41 %o22.43 22.42o22.43% 4.25%o4.27tf Apr. on Checks Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. LONDON Mean 333333 V- .64%a .6413i6 Open Market 176.78 Jf* Apr. Apr. on Paris 2 w orfsodsS Switzerland Checks Check Rate Apr. v- 4. Franc London 176.70 333333 -4-4-4-4-4-4 V-J 4.4.4.4.4.4. France Apr. Mean 1 « DAILY RATES London Apr. o» in check rate on Paris was steady throughout the month and inclined in favor of Paris. The range was between 176.78 and 176.70 francs to the pound. 5d. s intense decline output, and the great building program had practically come to an end. £10,922,000, The \t4 \w 00\oo\oc\0tf\0d\kK 4.4.4.4.4.4. made rearmament domestic industrial 333333 -4-4-4-4-4-4 voa \m that irrespective of the gold price and exchange quotations fixed by the stabilization funds. In April there were no indications of improvement in were 4.4.4.4.4.4. 39.99a40.04 40.00a40.05% 16.80%al6.82 16.81016.82% 39.99%a40.05% 16.80al6.81% 16.80%al6.82 40.02% a.08% 16.80al6.80% 16.80%al6.81 40.06a40.10% 16.80al6.80% 16.80%al6.81 40.07% a.09% 16.80al6.80% 16.80%al6.81 40.08%O.10% 16.80al6.81% 16.80%al6.82 19.60al9.80 19.60al9.80 19.60al9.80 19.60a19.80 19.60al9.80 19.60al9.80 SUNDAY 40.08a40.10% 40.08%a.ll% 16.82al6.85 40.10 %a40.12 40.11a40.12% 16.83%a.84% 40.l2a40.13 40.12 %a40.14 I6.87%a.89% 40.l0%a40.13 40.11a40.13% 16.91%o.94% 40.11o40.13 40.11 %a.l3% 16.95al6.99 17.00al7.02 40.11%a.l3% 40.12a40.14 SUNDAY 14.82%al6.86 19.60al9.80 16.84al6.85 19.60al9.80 I6.88al6.90 19.60al9.80 I6.92al6.95 19.60al9.80 16.95%al7.00 19.60al9.75 17.00%al7.03 19.60al9.75 18 MONTHLY REVIEW DAILY RATES OF FOREIGN EXCHANGE (Concluded) \ Netherlands Denmark Poland Canada Argentina Guilder Krone Zloty Dollar Peso Checks Checks Cables Checks Apr. 53.07 H a. 08 H 53.08a53.09 Checks Cables 20.89a20.89H ,89Ha20.90 18.84al8.89 90Ha20.92 ,90a20.91H ■89Ha.90H 18.85al8.89 89Ha.90H ■89Ha.90H .89Ha.90H 18.83al8.88 SUNDAY Apr. Apr. 53.11Ha53.14 53.12a53.17H 20.90a20.91H 20.89Ha20.91 53.07Ha53.09 53.08a53.10 53.08a53.09 53.08Ha.09H 20.89a20.90 53.08 Ha. 09% 20.89a20.90 53.08a53.09 Apr; 53.08a53.09H 53.08Ha53.10 20.89a20.90 Apr. Apr. 53.07a53.09 Apr. 10 53.07Ha-08H 53.08a53.09 Apr. 11 53.07 Ha.08 H Apr. 12 Apr. 14 53.07Ha.08H 53.08a53.09H 20.88Ha20.90 53.07a53.08H 53.07Ha53.09 20.88Ha.89H 53.07a53.08 53.07Ha53.09 20.88Ha20.90 Apr. 15 53.07Ha53.14 53.08a53.15 Apr. Apr. Apr. 53.07Ha.09H 20.89a20.90 18.85al8.88 18.83al8.88 18.83al8.88 18.83al8.88 53.08a53.09 Apr. 17 Apr. 18 Apr. 19 Apr. 20 18.84al8.88 Apr. 20.89a20.90 •89Ha.90H .89a20.90H 18.82al8.88 .89a20.90 18.82al8.86 ,89a20.90H 18.82al8.86 Apr. Apr. Apr. Apr. •89Ha.91H 18.80al8.88 Apr. 20.89a20.91 .89a20.90 ,89a20.90H 18.81al8.86 ,89a20.90 18.79al8.86 .89a20.90 19.80al8.86 .89a20.90 18.81al8.86 .89a20.91 18.81al8.85 53.16Ha.21H 53.17a43.22H 20.89 Ha20.90 53.21a53.23 53.21 Ha53.24 20.89a20.90 ,90a20.90H 18.80al8.85 Apr. .89Ha.90H I8.81al8.85 Apr. 53.31a53.52 53.31 Ha.52H 20.88Ha20.90 ,89a20.90H 18.81al8.85 Apr. 53.42a53.55 53.43a54.56 20.89a20.90 .89 Ha.90 H 18.81al8.85 Apr. 53.49Ha53.54 53.50a53.55 20.89a20.90 89Ha.90H 18.81al8.85 Apr. Apr. 21 53.08a53.09 Apr. 22 53.08a53.09 53.08a53.11 .89Ha20.90 53.08Ha53.10 20.88 Ha.89 H 53.08 Ha.09 H 20.88Ha.89H 53.08Ha.09H 20.88 H a .89 H 53.08Ha53.12 20.88Ha.90H Apr. 24 Apr. 25 Apr. 26 Apr. 27. Apr. 28. Apr. 29. 18.82al8.86 18.81al8.86 SUNDAY Apr. 23 SUNDAY Apr. 30 31.2la31.22 Apr. 31.21a31.22 56.98 31.22a31.23 56.98 31.21 31.22 56.98 Han32% discount 31.20a31.21 31.21a31.22 56.98 1682an32% discount 31.20a31.21 31.21a31.22 56.98 7... 1732aH% BieaH% discount 31.20a31.21 31.21a31.22 56.98 discount 31,20a31.21 31.21a31.22 56.98 5 8. SUNDAY Apr. 17__ Apr. 18.. Apr. Apr, Apr. Apr. Apr. Apr. Checks SUNDAY 9ieaH% discount 31.20031.21 31.21a31.22 56.98 4764a9ie% discount discount 31.20031.21 31.21a31.22 56.98 31,20a31.21 31.21a31.22 56.98 9ie% discount 31.20a31.21 31.21a31.22 56.98 Ha9i«% discount 31.20a31.21 31.21a31.22 56.98 HaH% discount 31.20a31.23 31.21a31.24 56.98 31.21a31.22 56.98 56.98 HaH% SUNDAY Apr. 16__ 53.07a53.08H 53.07Ha53.09 20.88Ha.89H 53.07Ha53.09 53.08a53.09H 20.89a20.89H 20.88Ha20.90 53.07Ha.09H 53.08a53.10 53.08a53.09 31.20a3l.21 Peso Cables 6... 4 10__ 11__ 12__ 13__ 14__ 15__ ,89Ha20.90 18.82al8.88 ls32a 7i»% discount "sja11s2% discount Ha1132% discount 3 9. 20.89a20.89H SUNDAY Apr. 16 1... 2... Apr. SUNDAY Apr. 13 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Checks Colombia 19. 20 21 22__ 23.. 24.. 25.. 26 27__ 28__ 29__ 30_. _ __ 3964aH% discount 1732a1932% discount 31.20a31.21 31.20a31.21 31.21a31.22 discount 31.19a31.21 31.20a31.22 discount H% discount 31.20a31.21 31.21a31.22 56.98 31.20031.21 31.21a31.22 56.98 discount 31.20a31.21 31.21a31.22 56.98 "32a2784% discount 31.20a3l.2l 31.21a31.22 56.98 1732a1582% discount "32a3l84% discount 31.21a31.22 31.22a31.23 56.98 21.20a31.22 31.21a31.23 56.98 Ha1532% discount 31.20a31.21 31.21a3'l .22 56.98 "8202764% discount 7X6a3S«4% discount 31.20a31.21 31.21a31.22 56.98 31.20a31.21 31.21a31.22 56.98 Ecuador 9ieaH% 9ieaH% 31#4a7i6% 56.98 SUNDAY SUNDAY Sweden Norway Finland Brazil Chile Bolivia Krona Krone Markka Milreis Peso Boliviano Sucre Checks Checks Checks Cables Checks Checks Cables Apr. Apr. 24.11Ha24.13 24.12a24.13H 23.51a23.52H 23.51Ha23.53 Apr. Apr. 24.13a24.15 Apr. 24.12a24.13 Apr. 24.12a24.13 Apr. 24.12a24.13 Apr. 24.12a24.13 Cables 5.17a5.19 2.05Ha2.07 Apr. 1.. 5.S5a5.89 5.86a5.90 3.63 7.50 Apr. 2.. 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 Apr. 3__ 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Apr. 5.85a5.89 5.86a5.90 5.l7a5.19 3.63 5.87a5.89 5.88a5.90 5.17a5.19 3.63 7.50 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Apr. 4.. 5.. 6-. 7.4 5.85a5.89 5.86a5.90 5.17a5.19 3.63 7.50 Apr. 8.. 5.17a5.19 .3.63 Apr. 9.. SUNDAY 24.13Ha.15H 23.52Ha23.54 23.53a23.54H 24.12Ha24.14 24.13a24.14H 23.52a23.54 24.12Ha.13H 24.12Ha.13H 24.12Ha.13H 24.12Ha.13H Checks Checks 23.52Ha.54H 23.51Ha.53H 23.51a23.53 23.51a23.52H 23.5lHa23.53 23.51a23.53 23.51Ha.53H 23.51Ha23.53 23.52a23.53H Apr. Apr. SUNDAY 7.50 7.50 * 5.85a5.89 5.86a5.90 24.12a24.13 2.05Ha2.07 Apr. 10-. 5.85a5.89 5.86a5.90 5.17a5.19 3.63 Apr. 11.. 5.49a5.74 5.50a5.75 5.17a5.19 3.63 7.50 Apr. 12__ 5.39a5.74 5.40a5.75 5.17a5.19 3.63 7.50 Apr. 13 24.10Ha.12H 23.51a23.52 23.5IHa.52H 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 Apr. 13.. 5.47a5.74 5.50a5.75 5.17a5.19 3.63 7.50 Apr. 14 24.11a24.12H 24.11Ha24.13 23.51a23.52 24.11Ha24.14 24.12a24.14H 23.51a23.54 23.51Ha.52H 23.51Ha.54H 2.05Ha2.07 2.05Ha2.07 Apr. 14.. 5.45a5.64 5.46a5.65 5.17a5.19 3.63 7.50 Apr. 15 Apr. 15.. 5.45a5.64 5.46a5.65 5.17a5.19 3.63 7.50 Apr. 16 SUNDAY 3.63 7.50 Apr. SUNDAY Apr. 10 Apr. 11 Apr. 12. 24.12Ha.13H 23.51Ha.52H 23.52a23.53 24.12a24.13 24.12Ha.13H 23.51Ha.52H 23.52a23.53 24.10Ha.12H 24.11a24.13 23.50Ha23.52 23.51a23.52H 24.11a24.13 24.11a24.12 23.51Ha.52H 2.05Ha2.07 Apr. 18 Apr. 21 24.10Ha24.12 24.11a24.12H 23.51a23.52 23.51Ha.52H 24.09a24.11 24.09Ha.HH 23.50Ha23.52 23.51a23.52H 23.51 24.Q9Ha.10H 24.10a24.11 23.51Ha23.52 24.09a24.10 24.09Ha.10H 23.50Ha23.52 23.51a23.52H 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 2.05Ha2.07 Apr. 22 24.09a24.10 Apr. 20 24.UHa.12H 23.51a23.52 24.09 Ha. 10H 23.51a23.52 Apr. 23 23.5lHa.52H Apr. 28 Apr. 29 24.11a24.12 Apr. 25 Apr. 26 Apr. 27 5.49a5.64 5.50a5.65 5.17a5.19 Apr. 18.. 5.49a5.61 5.50a5.62 5.17a5.19 3.63 7.50 Apr. 19-. 5.49a5.59 5.50a5.60 5.17a5.19 3.63 7.50 Apr. 20-. 5.49 5.50 5.17a5.19 3.63 7.50 Apr. 21.. 5.49 5.50 5.17a5.19 3.63 7.50 Apr. 22.. 5.49 5.50 5.17a5.19 3.63 7.50 5.17a5.19 3.63 7.50 . SUNDAY 2.05Ha2.07 Apr. 24-. 5.49 2.05Ha2.07 Apr. 25.. 5.49 5.17a5.l9 3.63 7.50 2.05Ha2.07 Apr. 26__ 5.49 5.50 5.17a5.19 3.63 7.50 Apr. 27.. 5.49 5.50 5.17a5.19 3.63 7.50 Apr. 28.. 5.49 5.50 5.17a5.19 3.63 7.50 Apr. 29.. 5.49 5.50 5.17a5.19 3.63 7.50 23.5lHa.53H 23.52Ha.53H 23.51 Ha.53H 23.52a23.53 2.05Ha2.07 23.52a23.53 2.05Ha2.07 2.05Ha2.07 24.llHa.12H 23.51 Ha.52H 23.52a23.53 SUNDAY Apr. 30 Apr. 17.. Apr. 23_. 24.09Ha24.12 24.10a24.12H 23.51a23.53 23.52a23.53 24.10Ha24.12 24.11a24.13 24.10a24.12 24.10Ha.12H 23.51a23.53 24.10a24.12 24.10Ha.l2H 23.51 Ha.52H 24.10Ha24.12 24.11a24.12H 23.52 Ha23.52 Apr. 24 2.05^a2.07 SUNDAY 7.50 SUNDAY Apr. 16-- Apr. 17 Apr. 19 SUNDAY 5.50 5.50 SUNDAY Apr. 30.. Venezuela Peru Japan Hongkong Bolivar Sol Yen Dollar Checks Checks Checks Checks 1.. 2._ 3.. 61.59a61.75 31.75 31.75 61.60a61.75 31.75 61.60a61.75 31.75 61.60a61.75 Czecho¬ Uruguay Spain Italy slovakia Peso Peseta Lira Koruna ' Cables l._ 2.. Checks Cables 5.26a5.26H Checks Apr. Apr. 5.26Ha5.26H Checks Apr. Apr. SUNDAY Apr. Apr. 3.. 5.26a5.26H 5.26Ha5.26H Apr. Apr. 4.. 5.. Apr. 6.. 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H Apr. Apr. Apr. 7.. 5.26a5.26H 5.26a5.26H 5.26a5.26M 5.26a5.26H 5.26Ha5.26H Apr. 4.. 5.. 6.. 7-8-. Apr. 8.. 5.26a5.26H 5.26Ha5.26H Apr. Apr. 9.. 28.70a28H 20.00a20H 21.29a27.32 28.57a29.00 20.00a20H 27.28a27.32 28.81a29.00 20.00a20H 27.27a27.32 28.66a28H 31.75 20.00a20H 27.28a27.31 28.65a28H 61.60a61.75 31.75 20.00a20H 27.28a27.31 61.60a61.75 31.75 20.00a20H 27.28a27.31 28.65a28H 28.65a28H 27.28a27.31 28.63a28H 27.27a27.31 28.65a28H 28.62a28H SUNDAY 61.62a61.75 9.. Apr. Apr. Apr. 11_. NO NO Apr. 12.. RATES RATES Apr. 13.. Apr. 14__ Apr. 15.. Apr. 16.. AVAIL¬ AVAIL¬ ABLE ABLE 61.60a61.75 31.75 Apr. 11-. 61.60a61.75 31.75 Apr. 12.. 61.60a61.75 31.75 20.00 27.27a27.30 Apr. 13.. 61.59a61.75 31.75 20.00 27.27a27.30 AVAIL¬ Apr. 14.. 61.59a61.60 31.75 20.00 27.27a27.30 28.62a28H 28.64a28H ABLE Apr. 15.. 61.60a61.65 31.75 19H a20.00 27.27a27.31 28.63a28H Apr. 17.. 5.26a5.26H 5.26a5.26H 61.59a61.60 31.75 19.75 27.27a27.30 Apr. 18.. 61.59a61.60 31.75 19.25al9.75 27.26a27.30 Apr. 19.. 61.58a61.60 31.75 18H al9H 27.27a27.30 28.64a28H 28.64a28H 28.63a28H Apr. 20-. 61.58a61.60 31.75 18 H al9H 27.27a27.30 28.63a281,u Apr. 21.. 61.56o61.60 31.75 18H al9.00 27.27a27.30 28.63a28"n Apr. 22-. 61.54a61.60 31.75 18H al9.00 27.27a27.30 28.61a28H 5.26Ha5.26H 5.26Ha5.26H 5.26a5.26H 5.26a5.26H 5.26a5.26H 5.26a5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H NO RATES 5.26Ha5.26H Apr. 17.. 5.26a5.26H 5.26a5.26H Apr. 19.. 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H Apr. 22.. 5.26a5.26H 5.26a5.26H 5.26a5.26H 5.26a5.26H Apr. 23.. SUNDAY Apr. 24.. 5.26a5.26H Apr. 25.. 5.26a5.26H 5.26a5.26H 5.26a5.26H 5.26a5.26H 5.26Ha5.26H 5.26a5.26H 5.26Ha5.26H Apr. 30.. Apr. 20.. Apr. 21.. Apr. 26.. Apr. 27.. Apr. 28.. Apr. 29.. Apr. 30.. 5.26Ha5.26H 5.26Ha5.26H SUNDAY Apr. 23-. 31.75 Apr. 24.. 61.59a61.62 5.26Ha5.26H Apr. 25.. 61.60a61.62 31.75 5.26Ha5.26H Apr. 26.. 61.60o61.61 31.75 5.26Ha5.26H Apr. 27_. 61.58a61.60 31.75 5.26Ha5.26H Apr. 28.. 61.60 31.75 Apr. 29. 61.60 31.75 . 20.00a20H 20.00a20H SUNDAY Apr. 16.. SUNDAY Apr. 18.. SUNDAY Apr. 10.. SUNDAY Apr. 10_. Checks 27.28a27.31 20.00a20H 27.27a27.30 28.66a28H 19H al9H 19 H a20.00 19H a20.00 19H al9H 27.28a27.31 28.72a28^u 27.28a27.31 28.70a28»u 27.27a27.30 28.71a28»i« 27.28a27.30 28.71a28»i» 19.00al9H SUNDAY 27.28a27.30 28.72a28»i# 19H SUNDAY Philippine Straits Rumania Bulgaria Yugoslavia Greece Shanhgai Islands Settlements India Java Leu Lev Dinar Drachma Yuan Dollar Peso Dollar Rupee Guilder Checks Apr. 1.. Apr. Apr. 3— Apr. 4.. 5.. .71 Checks 1.20al.21 2.. Apr. Apr. 6.. Apr. 7— Apr. Apr. 8.. 9— 10_. 11.. 12_. 13.. 14.. 15.. Apr. Apr. Apr. Apr. Apr. Apr. a.72H Checks 2.28Ha2.30 .70Ha.72 .70Ha-72 .70Ha-72 .70Ha-72 .70Ha.72 1.20al.21 2.25Ma2.30 1.20al.21 2.27 a2.30 1.20al.21 2.27 a2.30 1.20al.21 2.25Ha2.30 1.20al.21 .70Ha.72 1.20al.21 2.25Ha2.30 2.26Ha2.30 .70Ha.72 .70Ha.72 .70Ha.72 .70Ha.72 .70Ha.72 1.20al.21 2.27Ha2.30 1.20al.21 .70Ha.73 1.20al.21 2.26Ha2.30 2.26Ha2.30 2.26Ha2.30 2.26Ha2.30 2.26Ha2.30H 1.20al.21 1.20al.21 1.20al.21 1.20O1.21 2.26 1.20al .21 1.20al.21 Apr. 21.. .70Ha.72 .70Ha.72 .70 Ha. 72 Apr. 22.. .70Ha.72 1.20al.21 2.25Ha2.30 2.25Ha2.30 2.25Ha2.30 2.25Ha2.30 2.26Ha2.30 Apr. 19.. Apr. 20-. Apr. 23.. Apr. 24.. 1.20al.21 1.20O1.21 -85Ha.86 .85Ha.86 .85Ha.86 .85Ha.86 .85Ha.86 .85Ha.86 .85Ha.86H .85Ha.86H .85Ha.86H .85Ha.86H .85Ha.86H .85Ha.86H .85Ha.86 .85Ha.86 .85Ha.86H .85Ha.86 .85Ha.86 .85Ha.86 .84Ha.86 .85 Ha. 86 H .85Ha.86H .85Ha.86H .85Ha.86H .85 a. 86H .85Ha.86 .85Ha.86H .85Ha-86H .85Ha.86H .85Ha.86H .85 Ha. 86 X .85Ha.86 .85Ha.86H .85Ha.86 .85Ha.86 .85Ha.86 .85H0.86 SUNDAY 1.20O1.21 2.26 a2.30H 1.20al .21 2.26 1.20al.21 2.27 Apr. 26.. .70Ha.72 .70Ha.72H .70 Ha.72 H Apr. 27_. .70Ha.72H 1.20al.21 Apr. 28.. .70Ha.72H 1.20al.21 Apr. 29.. .70Ha.72H 1.20al.21 Apr. 25.. a2.30 Apr. 30.. .85Ha.86 .85Ha.86H a2.30H .85Ha.86 .85Ha.86H a2.30H .85Ha.86 .85Ha.86H 2.26Ha2.30H 2.26Ha2.30H 2.26Ha2.30H .85 Ha.86 .85Ha.86H SUNDAY Checks .85Ha.86 .85Ha.86H .85Ha.86 ,85Ha.86H Apr. 1-- Apr. SUNDAY .70Ha.72 .70Ha.72 Apr. 18_. Cables .85Ha.86H SUNDAY Apr. 16.. Apr. 17.. Checks .85Ha.86 SUNDAY 2 Apr. 3.. 3_. Apr. Apr. 5.. Apr. 6— Apr. 7__ Apr. 8.. Apr. 9__ Apr, 10__ Apr. 10__ Apr. 12.. Apr. 13_. Apr. 14__ Apr. 15_. Apr. 16.. Apr. 17.. Apr. 18.. Apr. 19__ Apr. 20.. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 16.00al6H Checks Checks Checks Checks 49.80a4913n 54.31a54.45 34.98a35.00 53.24 * SUNDAY — 21.. 22__ 23__ 24.. 25__ 26__ 27.. 28__ 29__ 30. _ 16.00al6H 16.l2al6H 16.01al6H 49.80049" 54.33a54.45 34.99a35.01 53.29 49.80a4913 54.33a54.40 34.97a35.00 53.24 49.80a4913 54.33a54.40 34.95a35.00 53.24 16.01al6H 16.01al6H 49.80a4913 54.33a54.40 34.96a34.99 53.26 49.80a4913 54.33a54.40 34.96a34.99 53.26H 16.01al6H 49.80a4913 54.33a54.40 34.96a34.99 53.26 SUNDAY 16.00al6H 16.01al6H 16.01al6H 16.01al6H 16.01al6H 16.01al6H 49.80a4913 54.30a54.40 34.96a34.97 53.26 49.80a4913 54.30a54.40 34.97a35.00 53.25 49.80a49" 54.28a54.40 34.96a35.00 53.26 49.80a49" 54.28a54.40 34.96a34.99 53.25 49.80a4913 54.25a54.40 34.95a34.96 53.25 54.19a54.40 34.96a35.00 53.32 54.19a54.35 34.96a35.00 53.26 49.82 SUNDAY 16.01al6H 49.80a4913 16.01 al6H 49.80a4913 54.19a54.35 34.96a34.99 53.26 16.01al6H 16.01al6H 16.01al6H 15.95al6H 49.80a4913 54.17a54.30 34.95a34.98 53.26 49.80a4913 54.19a54.30 34.96a34.99 53.26 49.80a4913 54.20a54.35 34.96a34.99 53.26 49.80a4913 54.23a54.35 34.95a34.99 53.26 SUNDAY 16.03al6H 16.03al6H 16.01al6H 49.80a49" 54.25a54.45 34.96a34.99 53.27H 49.80a4913 54.31a54.40 34.97a35.01 53.59 49.80a4913 54.28a54.45 34.97a35.00 16.03al6H 16.03al6H 49.80a4918 54.33a54.48 34.96a34.99 53.65 49.80a4913 54.33a54.48 34.96a34.99 53.71 16.03al6H 49.80a4913 54.30a54.48 34.96a34.99 53.69 SUNDAY / i 53.40 New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING APRIL 1939 Bond Sales Jan. 1 to NOTICE—Cash and deferred delivery sales are disregarded In the •ufcslde of the regular monthly range are shown in a footnote in the range 1939 April $139,715,000 602,650,000 $122,804,000 586,921,000 April 30 Stock Sales 1938 1939 April. Shares. Jan. 1 to April 30... 1938 20,246,238 83,865,085 17,119,104 78,792,899 month's range unless they are the only transactions of the month, and when selling month in which they occur. No account is taken of such sales in computing the for the year. The tables on embrace every 19 to 40 furnish pages April, 1939, and the range a security dealt in complete record of the transactions They need since Jan. 1. the Exchange. on no on extended introduction, as the New York Stock Exchange during they are self-explanatory. The tables We give bonds first, using the classification adopted in the official list. The black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule are at a 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 on which interest is in default. sent one or more Sales in April Value This method of quoting 32ds of bonds became effective Jan. 2,1909. Quotations after decimal point repre¬ point. a BONDS 5-* PRICES IN APRIL Price rs 1939 RANGE SINCE JAN. 1 Jan. 3 a c N. 7. STOCK EXCHANGE April 1 Bid $ Lowest April 29 Ask Bid Ask Lowest Highest Sale Prices Sale Prices Highest Sale Prices Sale Prices U S GOVERMENT BONDS 261.000 Treasury 4Mb Registered. 129,066 Treasury 4s Registered 1947-1952 . A O 119 Sale 120.1 120.8 120.19 Sale 119.27 Apr. 10 120.20 Apr. 26 8 115.19 Apr. 3 1944-1954 J 1946-1956 M 1940-1943 142,000 Treasury 3 Mb Registered 53,666 Treasury 3Ms Registered 5~2~66o Treasury 3Ms Registered ~2~2~6o6 Treasury 3Ms......... Registered......... 9,000 J D S Apr. 27 D 114.17 Sale 115.20 115.26 115.18 115.22 115 Apr. 113.10 113.20 114.27 114.28 115.3 Sale 104.13 Apr. 104.23 104.28 104 A1 Sale" 104.11 Apr. 29 105 105.10 10 115.3 i0425 Apr"." "6 Jan. 26 120.22 Mar. 10 119.2 ... . 118.26 Jan. 12 120.10 Mar. 21 114.17 Jan. 3 115.31 113.10 Jan. Mar. 10 27 115.3 Apr. 27 104.11 Apr. 29 105.8 Jan. 23 104.30 1941-1943 M — Jan. 10 104.30 Jan. 10- 1 106.11 Apr. 17 106.27 Jan. 3 109.30 Jan. 110.27 109.10 10 110.22 Apr. 18 *110.19 Apr. 27 <110.22 Apr. 4 107.1 107.4 106.28 106.30 106.27 Apr. 21 107.3 Apr. 3 <206.30 Apr. 4 <106.30 Apr. 4 110.16 110.19 iioh'e siaie 110.13 Apr. 14 110.23 Apr. 3 110.14 Apr. 28 110.14 Apr. 28 110.25 Sale 111.1 110.22 Apr. 10 111.3 Sale Apr. 28 110.27 Apr. 22 <110.29 Apr. 4 116:2*8 Sale" iil.15 Sa'le" 110.13 Apr. 10 111.18 Apr. 28 110.16 Apr. 10 110.16 Apr. 10 111.4 Sale 111.30 112.1 110.27 Apr. 8 111.23 Apr. 26 108^24 Sale 116:8 107.6 Sale 109.15 Sale S 106.27 Sale 106.21 Sale 106.12 106.14 106.11 Apr. 110.20 110.27 116:21 Apr. 17 106.21 Apr. .... 46,000 Treasury 3Ms Registered 1,000 1943-1947 J D 109.30 Sale 1941 F A 107.4 ... ... 1943-1945 a o 109.27 Sale 1944-1946 159,000 Treasury 3Ms Registered. 1,000 264,000 Treasury 3Ms... A O 110.1 ... Registered 166,000 Treasury 3Mb Registered 3,000 128.000 Ireasury 3Ms Registered 7,000 Sale J D i66"l2 Sale" 1949-1952 J D 109.2 .....1946-1949 Y D .....1951-1955 M S 170,(^6 Treasury 3s Registered... 1946-1948 l"l"o". 12 116:28 110.30 110 Apr. 10 110.18 Apr. 109.5 Apr. 10 110.7 109.1 Apr. Apr. 29 Apr. 19 3 109.31 110.6 Sale 108.12 11 Apr. 10 Apr. 10 Apr. 11 108.16 Apr. 108.10 107.12 Apr. M S 104*21 Sale" I06:2_7 Sale" i07:24 Sa'le" 1945-1947 M S 107.4 108.26 Sale 109.1 Sale ...1948-1951 M S 105^22 Sale" 107:28 108:8 1955-1960 Registered 3,000 115,000 Treasury 2Mb.... Registered 3,000 Jan. 110.24 Mar. 29 106.27 Apr. 107.12 Jan. 106.30 Feb. 107.7 Mar. 10 109.22 Jan. 110.25 Mar. 10 109.27 6 Jan. 110.21 Mar. 27 109.22 Jan. 111.3 Apr. 28 110.24 Mar. 110.29 Mar. 10 Apr. 28 109.11 Jan. 111.18 110.16 109.2 Apr. 110.28 Mar. 21 Jan. 111.23 Apr. 26 ioih'o Jan. 110.18 Apr. 3 109.23 107.24 107.6 Apr. 29 Apr. 21 109.2 Apr. 28 Jan. 107.10 Jan. 7 109.22 Apr. 19 104.12 Jan. 104.10 107 Jan. 26 107.24 27 107.6 29 21 28 25 28 23 110.2 Mar. 26 110.7 ..1951-1954 108 ~ 15 108.24 11 108.9 105.19 Jan. 108.9 Jan. 106.3 Jan. Apr. 28 104 Jan. 107.9 Apr. 28 Apr. 25 Apr. 28 J D 104.6 Sale 103A3 107 Jan. 109.2 Jan. 108.24 106.14 Sale 107.8 Sale"" 105:18 Sale 166:13 Sa'le I66h3 Apr. 29 103.4 Jan. Y "b i02?28 Sale"" 104:22 Sale 165323 1~0~5".27 ioihr ApV.'li "105:24 Apr. 28 162:20 Jam "26 ioihi Apr.28 104722 Sale loBhh Apr. 28 Apr. 27 102:20 Jam "26 i05h"9 Apr".28 106.6 Jan. 26 108.4 Apr. 27 Apr. 27 i66h"" Jam "30 i67h"6 Mar. 30 i05h"9" Apr." 28 i02h"3 Jam "27 ioiho Apr.~28 Sale 106.4 Apr. l65h"2 Apr. 10 11 107.9 Registered Treasury 2Mb 1956-1959 M Registered.. Treasury 2Mb-.... Registered 1,234",000 Treasury 2Mb 113,000 Treasury 2Mb. Registered "eV.ooo Treasury 2Mb... 1958-1963 329",000 6 Apr. 29 Apr. Apr. Apr. Apr. Apr. ... Treasury 2Mb. Mar. 107.4 106.3 Sale ... Registered 106.16 106.14 ..... 183,000 Treasury 2Mb 303,660 Mar. 30 110.2 Treasury 3s... Registered 7,000 824.000 Treasury 2Mb.... 352",000 3~8~0~,666 107.13 .... 110.23 110.19 "s 26 106.13 Apr. 29 ..... ~D 102"25 Sale"" 1945 J 1948 D Sale ioihh" Apr. 11 108.5 107.12 Apr. 8 108.4 107.9 107.12 I66h"8 Apr. 8 164:18 Sale" 105.10 Sale"" ioih'o Apr. 11 102.24 1960-1965 J Jan. 102.24 102.24 Sale 104.23 Sale 105.14 Sale 104.11 Apr. 10 105.15 Apr. 29 102.16 Jan. 27 105.15 102 ~4 102.12 103:3*0 Sale" 1048 104.12 l03h"8 Apr. 10 ioihh Apr. 28 "102 Jan. 26 107.2 107.12 108.24 108.30 109.2 Sale 108.23 Apr. 109.2 Apr. 29 107.9 Jan. 109.2 106327 Sale 108 hi Sale i08h"9 Sa'le 108 Apr. i08h"9 Apr. 29 106.26 Jan. ioihh" Apr. 29 106"l" Sale i06h"6 1~0"6~.20 106 hi 106.14 ioeh'o" Apr." 166:23 Apr. i66 Jan. i66:2~7~ Mar. 30 ioih'e Mar." "9 106.12 Sale M~i 105"5 105.15 107.25 107.31 108.3 107"" l"07".3" "l65h"9" io7h"6 Registered 576,000 Treasury 2 Ms Registered 34l",000 1949-1953 ... j" ~D 102*22 Sale*" .1950-1952 M Treasury 2Mb Registered .... 210",000 Treasury 2s 102,000 S Jan. 7 Apr. 29 ... Y ~r> Federal Farm Mortgage Corp— 71*.000 106",000 "¥,666 189,000 163", 000 2,000 44,000 ....1947 3M8 Registered 1944-1964 M 3s 1944-1949 M N S i64h"2" Apr.~28 Registered Y 3s 1942-1947 Registered 2Mb 1942-1947 M j ~S i66~" 105h"7 105.23 105:24 ioshl* Apr"" 165:21" Apr. 26 105.3 Jan. 106.26 Sale 108.5 Sale 108.11 Sale 107.28 108.13 Apr. 28 106.26 Jan. ~A mil Sale 161727 Sale" 101321 Sale 10lh9 Apr"." ioihh" Apr. 101.25 Apr. 101.25 J 104.10 Sale 104.27 Sale 104.28 104.31 104.19 Apr. 104.31 Home Owners Mortgage Corp— 3s Series A.. 1944-1952 M N 105.10 105.29 Apr. 108.13 Registered.. 1939-1949 F 2Mb Series B Registered 2Mb Series G ..1942-1944 FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia) 10,000 iGtd sink fund 6s...........1947 15,000 iGtd sink fund 6s 1948 8,000 Akershua (Kingd of Norway) 4S.1968 151,000 lAntioqula (Dept of) Col 7s A..1945 64,000 ^External s f 7s series B 1945 64,000 iExternal s f 7s series O 1945 116,000 lExternal s f 7s series D_. 1945 35,000 a7s 1st series 1957 47,000 a7s 2d series 1957 21,000 a7s 3d series 1957 41,000 Antwerp (City( extl loan 5s_....1958 Argentine Nation (Govt of)— 529,000 8 f external 4 Ms -.1948 228,000 Sinking fund external 4Mb 1971 682,000 S f external conv loan 4s.Feb 1972 S f external conv loan 4s. .Apr 1972 347,000 - For footnotes see page 30» J F A 25M 26 26 26 % 25 % A O 25 M 93 M 10 M 10 H 10 M 26 26 26 H 96 M 87 M S J i J J j J O A A O A D Sale Sale 11M 10 M Sale 9M Sale 9M MN MJV FA A O 11 13 27 23 M Apr. 25 Apr. 8 12 94 90 10 11 25 M 96 87M Sale 78 M Sale 78 H Sale 12 M Sale 10M Sale Sale 13 Sale 11 11M 11 14 10M 11 % 13 12 M 13 11 11 11M O J 95 13 M 11 89 94 11M 11 10M 10M 10 M 12M Sale z85M 12 H 12 M 88 M 13 M Sale 13 12 M 91H Sale 86 86 M 91H Sale 86 M 86 M 77 M 77 M 78 Sale 77 M Sale Sale Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 14 11 8 17 8 17 89M Apr. 11 83 M Apr. 11 76 8 Apr. 75 M Apr. 8 i7 i6Ih*9 Apr." Apr. 20 Apr. 28 26 M Apr. 18 Apr. 26 93., Apr. 3 13M Apr. 21 Apr. 21 Apr. 21 Apr. 21 Apr. 21 12M Apr. 21 Apr. 22 92 Apr. 4 IIP. IIP 91M Apr. 87 Apr. 78M Apr. 78 H Apr. 28 28 22 22 Apr. 29 Apr. 28 162:22" Mar." "2 101.25 Apr. 102.14 Feb. 24 104.1 Jan. 104.31 Mar. 30 23 M Apr. 8 25 Mar. 22 90 Apr. 10 10M 9M 1051 10 H Jan. Feb. Feb. Jan: 3 1 1 3 28 25 28 27 26M 94 H 14M 89 M Apr. 11 11 Feb. 3 76 75M Apr. 8 92 H 87 H 78 M 79 7 Mar. 11 Mar. Mar. Mar. Mar. Mar. Mar. Jan. 9M Jan. 9M Jan. •9M Jan. 85 M Apr. 17 83 M Apr. Mar; 13 Apr. 26 Jan. 11 11 11 11 11 11 11 Mar. 15 Jan. 10 Jan. 4 Jan. 3 20 N. Sales in April Value Price 1939 5s of iAustrian Govt s f 7s ---— {957 J A External sf 6s External f 7s s -{955 J {955 - ---- (Germany) s f 6{*s ^External sinking fund 6s. iBrazil (U S of) external 8s iBenin AExtl s f g 6 3*s of 1926 AExtl s f 6^s of 1927. 238,000 ACent Ry 30-year g 7s 63,000 Brisbane (City) s f 5s. _ 43,000 Sinking fund gold 5s__ 31,000 20-year s f 6s 35,000 _ _ - — {957 --{958 {950 53.0U0 23,000 22,000 19,000 8,000 26,000 ASecureds f 7s J 105 Sale 102 Sale 115 20 Sale 1113* Sale 21 193* 10 F A J D D {73* Sale 1734 Sale 17 Sale ¥ 96 91 94 97 ----- 91 95 103* 973* 973* 1013* 133* 55 M S 503* F A 503* Sale A O 1984 J J 50 513* 373* {967 J J 14,000 ACarlsbad (City) s 1,000 41,000 5,000 29,000 gold 4s a6s Oct coupon on. 13,000 67,000 14,000 11,000 2,000 6,000 10,000 19,000 42,000 s s f g a6s assented. AExtl s -Feb 6s t „ alr Sept Sept a6s assented fund 6s - - — 46,000 AChile Mtge Bank of gu s 10,000 a6 34 s assented 6,000 AGuar s f -7,---- f 63*s- - 884,666 Sale 113* 14 Sale 11 18 Sale 14 961 F 961 J 961 J 16 Sale 103* 18 Sale 14 16 Sale 961 M S 961 M S 18 Sale 16 Sale 103* 143* 103* 173* - 963 963 957 957 MN J D D O — --- 962 MN 962 MN D O 19 Sale Sale 123* Sale Sale 153* 123* 153* 123* 153* Sale \rA 14 103* 143* 103* 123* 83* 123* 16 18 16 9 a133* Sale 10 123* 15 83* 960 M S 123* 133* 15 951 J D 21 35 103* 143* ACologne (Germany) sf 634s— 950 M S Colombia (Republic of)— 19 203* 951 MN - - s f 7 34s Helsingfors (City) ext 634s Hungarian Cons Municipal Loan AHun&ary (Kingdom of) 734s Extended at 434 % to Irish Free State external 5s Italy (Kingdom) extl s f 7s Italian Cred Consortium 7s ser Italian Public Utility s f g 7s.— Japanese Govt extl s 1 634 s Extl sinking fund 534s-- For footnotse see page Sale Sale 96 93 Sale 75 968 968 952 946 950 960 Sale 593* 103 72 — — Sale Sale 74 70 74 A AO 1003* 1033* 3 1013* 533* 55 1013* 107 673* Sale 28 46 28 983* 973* 853* Sale Sale Sale 57 66 703* 71 643* 70 68 70 Sale 100 Sale 973* 143* 19 253* Sale 253* Sale 253* 27 253* 25?* 263* 81 773* 433* 97 49 75 663* 68 233* 1003* 1033* 24 98 —- 103 203* Sale 23 23 "26"" -— Sale 243* 26 253* 21 213* 193* 733* 33 233* 273* 21 78 153* 20 96 98 20 Sale 1033* 107 183* Sale 18 223* Sale 16 18 — — 1033* 945 J 946 J 961 MN 961 MN 944 F A 103* 123* 5 103* 11 113* 133* 5 93* 32 —- 1023* 7 7 37 93* 93* 93* 13 373* 21 MN J 76 603* Sale 110 M S J J Sale 60 45 A Sale 965 MN Sale 17 Apr. 173* Apr. a Apr. Apr. Apr. Apr. 27 Apr. 853* Apr. 81 Apr. 50 Apr. 45 Apr. 653* Apr. 101 Apr. 923* Apr. 783* Apr. 8 4 22 22 22 25 21 3 5 4 3 12 6 14 23 3 3 11 163* Apr. 15 6 Apr. 1053* Apr. 11 163* Apr. 29 105 Apr. 12 1043* Apr. 17 117 Apr. 11 al03J* Apr.18 96 183* Apr. 19 16 Apr. 15 24 183* Apr. 10 253* Apr. 11 203* Apr. 11 24 Apr. 26 17 27 WA 83* 83* 9 9 S&* ll* 23 35 20 103 25 113 593* Sale Sale 59 753* Sale 413* Sale 793* Sale 57 60 63 Sale Mar. Mar. Mar. Mar. 102 11 11 10 10 Mar. 10 113* Jan. Feb. 64 443* 44 3* 44 3* 47 3* 323* Apr Apr. Apr. Apr. Apr. 523* Mar. 4 523* Mar. 13 Jan. . 13 3* Apr. 13 Apr. 193* Jan. 193* Jan. Apr. 23 3* Apr. 243* Apr. 76 3* Apr. 73 3* Apr. 473* Apr. 40 Mar. 653* Apr. 25 55 100 Apr. 983* Apr. 873* Apr. 703* 703* 703* 693* Apr. Apr. Apr. Apr. 70 Apr. 70 Apr. 173* Apr. 1 19 11 24 323* Jan. 5 20 20 Jan. 4 17 103 Jan. 6 101 Feb. 10 193* Jan. 18 Jan. Jan. 10 32 27 4 243* Mar. 23 273* Mar. 13 23 3* Jan. 13 183* Mar. 13 16 Jan. 183* 163* 183* 163* 183* 163* 183* 163* 183* 163* 183* 163* Jan. 12 14 Jan. 4 Jan. 17 Jan. 17 Jan. 3 Jan. 9 Jan. 14 Jan. 3 Mar. 11 Jan. 16 Jan. 3 Jan. 17 16 Jan. Jan. 3 14 III Jan. 3 143* Jan. 11 163* 143* 163* 141* 143* Jan. 17 20 Jan. 11 Jan. 10 Jan. 10 Jan. 5 Jan. 24 193* Mar. 30 28 28 12 8 13 11 12 17 9 12 263* 263* 263* 273* Mar. Mar. Mar. Mar. 13 13 10 13 27 Apr. 21 965* Mar. 10 943* Mar. 11 50 Mar. 24 51 3* Jan. 3 803* Jan. 24 303* Mar. 13 108 105 Jan. 3 Jan. 19 1023* Jan. 9 Jan. 4 1033* Jan. 18 733* J an. 75 76 17 28 Mar. 11 60 Mar. 93 Apr. 923* Apr. 783* Apr. 105 101 Feb. Mar. 10 Mar. 10 973* Jan. 4 3 713* Feb. 28 713* Mar. 1 5 65 65 Jan. 17 71 3 66 Jan. 23 715* Feb. 28 10 663* Jan. 23 71 11 65 Jan. 9 71 17 16 Feb. 3 18 Mar. 7 Feb. 28 Feb. 24 143* Jan. 5 21 Mar. 11 163* Apr. 15 6 Apr. 1053* Apr. 27 163* Apr. 29 1 106 Apr. 1043* Apr. 19 12n„ Apr. 17 al03j$ Apr.18 96 _ 12 96 Mar. 30 100 1053* Apr. 11 107 19 163* Apr. 29 105 Apr. 12 109 104 Jan. 12 105 1133* Jan. 11 120 1033* Jan. 20 105 183* ApCJ 29 15 17 Jan. 26 Apr; 5 233* Ayv, a 143* Apr. 17 173* Jan. 14 183* Apr. 19 1934 Apr. 8 16 Apr. 10 71 6 Apr. 16 Apr. 13 103* Apr. 11 102 8 Apr. 73* Apr. 17 5 83* Apr. 83* Apr. 25 8 93* Apr. 83* Apr. 28 8 93* Apr. 223* Apr. 11 223* 183* Apr. 14 203* 1023* Apr. 13 103 52 Apr. 19 613* 543* Apr. 20 60 38 Apr. 18 463* 1 753* Apr. 823* 553* Apr. 26 60 2 Jan. 6 6 203* Apr. 1 333* Apr. 25 8 Apr. 1 253* Apr. 3 213* Apr. 75 Apr. 24 4 183* Apr. 103* Apr. 11 1 1023* Apr. 17 Feb. 29 104 Mar. Jan. Mar. 11 1043* Jan. Feb. Jan. 2 1113* Jan. 1113* Jan. Jan. Apr. Apr. Apr. 65 13 543* Mar. 10 Jan. 5 Feb. 42 223* Jan. 25 11 Sale Sale 333* 243* Mar. 17 223* 213* 983* 983* Jan. 1003* 523* 100 3* 663* Apr. Apr. Apr. Apr.. Apr. 11 100 203* 173* 253* 203* 223* 3 Mar. 21 30 153* Apr. 143* Apr. Sale Sale 263* 263* 263* 263* 243* Apr. 4 1013* Apr. 183* Sale 153* Sale 743* 173* 133* 173* Sale 1023* 103 183* 954 F 1053* 108 1033* Sale 283* Sale 1073* Sale 79 Sale 24 333* Sale 233* 36 253* Sale 203* 21 72 1053* 106 1193* 1033* 103 J* O 93* 75 97 A 20 20 Sale ----- 21 14 193* Mar. 2 283* Mar. 11 97 9 1 493* Apr. 3 493* Apr. 47 Apr. 21 52 1 Apr. 35 4 Apr. 11 673* Apr. 25 70 8 Apr. 1 70 Apr. 67 Apr. 19 68 Apr. 20 68 Apr. 11 17 Apr. 15 Sale 163* 1053* Sale 233* Apr. 1003* Apr. 69 96 106 11 93 20 — 19 953* Sale 933* Sale 823* Sale 75 1073* Jan. Jan. Jan. Jan. Apr. 89 89 30 163* 1083* 1183* 1033* 21 Jan. 105 65 20 Jan. 13 . 4 alOl Apr. 533* Sale 523* Apr. 26 543* 1003* 1013* 1003s Apr. 14 102 663* 663* Apr. 25 683* 683* 28 28 28 4 Apr. 1013* 75 100 19 203* Apr. 10 8 203* Apr. Apr. u 8 233* Apr. 243* Apr. 13 763* Apr. 11 733* Apr. 12 473* Apr. 17 44 Apr. 13 653* Apr. 12 82 493* 68 1053* Sale 14 Apr. 25 Sale 69 153* Apr. Mar. 14 113* 93* 93* 9 3* Sale 23 133* 10 133* Apr. 13 Apr. 143* 109 75 60 Apr. 443* Apr. 13 443* Apr. 14 443* Apr. 15 473* Apr. 28 32>* Apr. 13 36 693* 653* O D 31 673* 673* J A 47 703* 703* 66 J F "47"" Sale 68 57 8 10 64 16 693* 683* 62 A 979 960 951 '47 952 933* 993* 543* 55 533* 46 Sale 1033* F 45 Sale D O 44 24 J A ----- 823* Sale 803* Sale 203* 104 102 F 26 Sale 693* 108 A 233* Sale 233* 24 67 22 11 Apr. Apr. Apr. 16 Mar. 9 1003* Apr. 11 108 Feb. 24 99 3* Apr. 11 108 102 Apr. 11 1163* Mar. 4 it* 443* A A 19 26 943* 11 Apr. 19 1033* Mar. 10 Apr. 27 103 3* Mar. 15 99 Mar. 10 Apr. 19 173* Jan. 7 Apr. 6 Jan. 27 203* Jan. 11 , 26 27 11 Sale Prices 953* 953* 89 3* 113* 88* 513* Sale 793* Sale 949 F F 949 977 953 945 951 952 942 955 962 964 MN 964 a6s part paid Haiti (Rep of) 6s series A Allamburg (State) 6s AHeidelberg (City) extl 213* 213* 253* 253* 253* 944 M S 4 34s external loan 434s externa] debt 30-year s f 53*s__----------APublic Works 5 34s. June 30 Czechoslovak (Rep of) extl 8s— Sink fund 8s series B Denmark 20-yr external gold 6sExternal g 534s External g 434s 15,000 ASecured s f g 734s a Secured s f g 7s 17,000 Sept 5,000 AHupgarian Land Mtge 734s A— AS i'7 34s series B 35,000 3,000 640,000 11,000 133,000 305,000 205,000 15 Sale 961 A 961 A — 4,000 AGreek Govt secured 7s a7s part paid AS f secured 6s T.660 14 16 14,000 Dominican Republic ef53*s 942 MS 9,000 940 A O 1st ser 534s of 1926 6,000 940 AO 2d series sinking fund 5 34s 11,000 Customs Adm 534s 2d series. _ 961 M S 4,000 969 A O 534s 1st series — 9,000 969 A O 534 s 2d series 2,000 ADresden (City) extl s f 7s 945 MN El Salvador (Rep) 1st s f 8s A— 948 1,000 J ACertificates of deposit 7,000 Estonia (Republic) 7s 967 J 49,000 Finland (Rep of) external 6s 945 M S 1,000 AFrankfort (Cityof)sf63*s---- 953 MN 32,000 French Republic 7 34s stamped- _ 941 J D 10,000 941 7 34s unstamped 7,000 External s f 7s stamped—— 949 J D 1,000 949 7s unstamped German Gov't International— 300,000 a3 5-year 534s stamped 965 J D 22,000 965 a534s unstamped i53*sstpd (Canadian holder) _ 965 242",000 AGerman Republic 7s stamped-. 949 A O 32,000 a7s unstamped 949 German Prov & Communal Bks 8,000 A(Cons Agric L'n) 634s ser A. 958 J D 10,000 11,000 88,000 20,000 12,000 3,000 50,000 1033* 102y8 1003* 1IH D --- 560,000 455,000 1023* 14" J 29,000 ACosta Rica (Rep of) 7s 4,000 Cuba Rep of) 5s of 1904... 5s ext debt Ser A of 1914 495,000 31,000 70,000 2,000 110 243* 280,000 a6s of 1928 -9ct 961 A O 187,000 AExtl s f g 6s. ------Jan 961 J J 6,000 AColombia 947 A O Mtge Bank 634s 14,000 946 MN ASinking fund 7s of 192610,000 947 F A ASinking fund 7s of 1927 362,000 952 J D Copenhagen external 5s 75,000 953 MN Gold 434s 2,000 * ACordoba 957 F A (City) 7s 30,000 * 957 F A a7s stamped .— 3,000 Cordoba (Prov) Argentina 7s— 942 J J "2",666 Sale 28 960 A O 960 A 961 F 6 21 Apr. Apr. 8 Apr. 89 Apr. 18 893* Apr. 20 97 "A Apr. 20 3 z9 Apr. 93 Sale Prices 3 Highest 4 1083* Apr. 11 1093* Apr. 1083* Apr. Sale Sale 1 109 1083* Apr. II 1103* Apr. 1083* Apr. Sale 4 102 3* Sale 1013* Apr. 11 103 Apr. 1013* Apr. 8 1033* Apr. Sale 4 1023* 1023* 1013* A0r. 1013* Apr. 11 1023* Apr. Sale 1 100 1013* 1013* 1003* Apr. 3* Apr. Sale 6 993* Apr. 11 1003* Apr. 993* Sale 983* Jan. 22 10 153* Apr. 10 16 Apr. 25 213* 153* Apr. 26 32 34 Apr. 17 26 Apr. 17 26 Apr 26 21 3 Apr. 13 253* Apr. "213* Sale 21 Apr. 18 18 30 30 Apr. 19 Apr. 19 18 Apr. Sale 21 3 Apr. 12 25 Apr. 21 Apr. 25 19 18 Apr. 19 Apr. 25 18 Apr. 12 12 4 143* Apr. Apr. 13 153* 12 Apr. 12 5 83* Apr. 20 113* Apr. 83* 83* Apr. 12 13 12 3 153* Apr. 12 143* Apr. 12 Apr. 11 Sale 8 1 83* Apr. 18 Apr. 83* Apr. 12 4 153* Apr. 12 143* Apr. 12J* Sale 12 Anr. 6 Sale 8 1 zl03* Apr. 103* Apr. 103* Mar 15 15 12 "l3"" 3 123i Apr. 17 Apr. 123* Apr. Sale 1 83* Apr. 18 103* Apr. 83* 83* Apr. Sale 12 1 123i Apr. 18 143* Apr. 123* Apr. 11 13 10 10 8 Apr. Apr. 22 10 Apr. 12 153* 12M Apr. 18 143* Apr. 15 12 3* Apr. 11 8 83* Apr. 19 93* Apr. 12 83* Apr. Sale 12 113* Apr. 12 {43* Apr. 1 11 3* Apr. 11 6 83* Apr. 18 83* Sale 103* Apr. 8 3* Apr. 15 123* Sale II3* Apr. 17 123* Apr. 29 113* Apr. 13 13 83* Apr. 26 83* Apr. 25 83* 8 3* Apr. Sale 17 1 113* 163* 113* Apr. 123* Apr. 113* Apr. 12 12 6 73* Apr. 18 10 Apr. 73* Apr. 11 4 153* 173* Apr. 11 123* Apr. 11 Apr. 13 8 10 10 4 83* Apr. 83* Apr. 83* Apr. 12 153* 8 113* 123* 113* Apr. 11 Apr. 113* Apr. 13 7 20 Apr. 83* 83* Apr. 22 7 Apr. "113* 83* Apr. 27 103* Apr. 12 83* 93* 83* Apr. 35 35 15 6 153* Apr. 153* Apr. 28 15 Apr. 16 17 193* Apr. 15 163* Apr. 18 193* 16 Apr. 1043* 1043* 29 Sale 961J 961 J gold 63*s 29,000 a63*s assented— 38,000 AGuaranteed s f gold 6s— 30,000 a6s assented - 84,000 AGuaranteed sink fund 6s 36,000 a6s assented 59,000 AChilean Munic Loan 7s 5.000 AChinese Hukuang Ry 5s 3.000 17 1093* Sale W O 960 942 MN 942 MN 373* 19 Sale 30 962 M S MN - fund 6s a6s assented. 3u Sale „ a6s assented AExternal sinking Sale 17 213* 343* 83* 453* 45?* 453* 52 Sale 973* 493* Sale 483* 543^ 483* 503* 56 413* 103 883* 883* Apr. Apr. 993* Apr. 993* Apr. 943* Apr. 12 Apr. 19 Apr. 1053* Apr. 1033* Apr. 1123* Apr. 20 Apr. 18 Apr. 233* Apr. 183* Apr 183* Apr. 173* Apr. 94 Apr. 933* Apr. 1003* A0r. 93* Apr. 55 962 M S - - - f 6s int ctfs AExtl sinking 1113* 1103* 1033* 1033* 1023* 983* 183* 313* 11 913* {13* 123* 113* 19 163* 163* 100 3* 1033* 104 99 3* Sale 101 102 1083* 110 22 17 173* 173* 133* 153* 19 20 203* 153* 153* Sale 14 3* 153* 163* 14 143* Sale 903* 55 30 960 A aGs assented— ARy ref extl 55 *% '223* 960 - f gold 6s_ Sale 1003* Sale 353* 353* 960 J 12,000 AChile Republic ext s f g 7s 16,000 a7s assented - 46,000 AExternal sinking fund g 6s— 49,000 a6s assented 15,000 AExternal A 961 J 944 J 950 M 7s a6s July coupon on AFarm loans f 6s_ _ 6,000 945 F 967 J 954 J f 8s___ ACent Agric Bank (Ger) AFarm Loan s f 6s O 952 MN -— Aug 15 78 MN 960 A 19 Sale "223* M S MN Sale Sale Sale M S 20 Sale "l2"" J 1968 13 20 Sale {977 {976 {976 {975 AStabilization loan 73*s 235,000 Canada (Dominion) 265,000 30-year gold 5s 123,000 lG-year 23*s 152,000 25-year 3 34 s 118,000 7-year 2 34 s 484,000 30-year 3s. Sale 1033* {961 --- Sale 1 Lowest Sale Prices 9o3* Apr. 19 95 y* Apr. 27 893* Apr. 19 Sale 95?* Sale Buenos Aires 289,000 953* Sale 223* 1962 ABudapest (City of) 6s__.(Province of) a6s stamped --Readjustment 43*-4?*s Refunding s f 4)4-4 3*s Extl readjust 43*s-45*s Extl s f 43*-43* $ bonds 3 %s external s f $ bonds Bulgaria (Kingdom of)— Sale Highest Sale Prices Ask Ask Bid 99 1063* 1960 {958 {941 -1952 20 Lowest Avril 29 983* 933* 113* S {957 {957 444,000 Sale J F (FreeState) 6x1^63*8-- 1945 Belgium 26-yr external 63*s 1949 M iBavaria RANGE SINCE JAN. PRICES IN APRIL Apiil 1 Bid {Continued)-- J 101H Sale 1925—July 16 1955 J External loan 5s of 1927 1957 M 5 1013* Sale External g 43*s of 1928 1956 MN 98M Sale Australia EXCHANGE—BONDS Jan. 3 exchange FOREIGN GOVT 400,000 242,000 420,000 17,000 8,000 300,000 299,000 223,000 20,000 20,000 194,000 454,000 §1 BONDS n. y. stock Y. STOCK Apr. 11 Apr. 4 Apr. 17 3 Apr. 1 Apr. 3 Apr. 6 Apr. Apr. 29 Feb. 8 17 12 Jan. 5 173* Jan. 14 18 27 22 S* 55 22 30 25 11 11 10 29 10 11 33 14 30 21 103 19 20 18 22 Mar. 22 1 8 2 Mar. 2 Mar. 9 Mar. 21 Feb. Mar. Jan. W* Mar. Mar. Apr. Mar. Apr. Apr. Mar. 52 Apr. 54J* Apr. 38 Apr. 75 Mar. Feb. 6 213* Jan. 183* Apr. 10 243* 253* Apr. 11 203* Feb. 14 223* Jan. 23 163* Jan. 28 6 71 Apr. 75 153* Feb. 21 •183* 18 103* Apr. 11 8 105 102 Apr. 73* 73* 83* 83* ^123* 183* 1013* Mar. Mar. 16 Jan. 6 Feb. 27 Mar. 21 Apr. 8 Mar. 3 Mar. 11 Jan. Apr. 10 4 Mar. 6 Jan. 5 Mar. Mar. Mar. Mar. 11 13 10 15 Mar. 20 Jan. 10 Feb. 20 Jan. Jan. 55 Jan. 853* Jan. 653* Jan, VP* 75 30. \ 9 6 20 18 5 MAY, 1939] Sales in SJ Avril BONDS Value N. Y. STOCK EXCHANGE FOREIGN GOVT T.ooo * 424",600 ATreas 6s of ' 13 assent * ASmall Milan J (large) 1933 11,000 ASec extl s f 6 As 5,000 AMontevideo (City) 10,000 a6s series A Brazil)— 1958 1959 1952 7s J J ... 1 12,000 a8s extl secured 11,000 s 35,000 30,000 A Apr. 10 Apr. 14 2134 Apr. 26 1324 Apr. 21 6733 Apr. 3 19 ----- 133 A Apr. A Apr. 6 123 134 25 16A •21X 1023 65 33 33 6 53 Apr'.'"20 33 A 1A ----- Apr. Feb. Apr. Jan. Mar Jan. Jan. Feb. Jan. Feb. Sale Prices 19 19 38% Jan. 23 Mar. 21 25 Mar. 2 14)4 Mar. 10 72 Mar. 13 12 18 4 14 15 15 33 1)4 33 123 134 1)4 Jan. Mar. Feb. Mar. Mar. Mar. Mar. 15 A Apr. 24 6 134 Apr. 1 ^ 6 A Jan. 24 Jan. 1 24 Apr. 1 1 Apr. 1 17 1 Apr. 28 53 Jan. 24 Jan. 53 Jan. 134 Mar. 15 133 Mar. 14 123 Mar. 14 39 Apr. 19 10 A 33 A 12 8 Apr. 12 8 Apr. 54 Apr. 27 Apr. 19 50 Apr. 17 99 Apr. 19 9833 Apr. 10 10334 Apr. 10 10424 Apr. 11 10233 Apr. 11 10034 Apr. 10 99 8 102 Apr. 16 Apr. 13 Apr. 26 5433 Apr. 26 5024 Apr. 11 101 Apr. 15 10133 Apr. 14 61 Apr. 18 60 133 1 A Sale 2)3 1 ..... 233 IX 4833 Sale" 41 Sale 1033 Sale 1033 5233 "54" 10 12 10 49 51 Sale 51 52 48 60 60 50 Sale 7 X 7 X M S D 45 M2V 45 A 100 F A O f A f A M S A O F A J D f A 99 98 Sale 9453 95)4 9433 M N 7 A A 100 A 104 A 105 A 104 % 103 A Sale Sale Sale 101A Sale 104 104 A 18)4 Sale M s Sale 54 54 33 5024 100)3 101A 98 101A 53 M S 60 503-3 Sale 53-3 M S 7 Sale 11 D 10 34 Sale 10 33 Sale 37 A Sale 1940 47 1947 1950 1961 — - — — Sale 10034 10133 Sale 100 Sale z4853 97A Sale 9953 101 79A 60 58 85 60 53 64 59 933 11 1033 11 1033 Sale 1033 Sale 8 32 Sale 32 28 28 Sale 11 31 26 35 37 40 3433 Apr. 31 Apr. 22 Apr. 2533 Apr. 12 3533 28 1023 16 1023 1023 29 30 30 933 Sale 824 823 39 48A Apr. 3 25 12 Sale 10 1024 Sale 9 1133 Sale 11 11 Sale 10 12 Sale Sale 1034 49 51 19 19 Sale 1233 9 A 11A 5123 15 2433 733 Sale 6 7 ..... 10 11 1424 Sale 1033 953 1)3 Mar. 15 Apr. 19 39 133 Mar. 15 5633 Jan. 9 17 18 13 6 19 19 933 1053 1024 1053 Apr. 5 Apr. 5 Apr. 3 Apr. 3 29 Apr. 27 36 Apr. 18 3533 Apr. 26 2253 Apr. 24 2933 Apr. 26 5 14 20 17 1 3 4 1533 Mar. 11 Jan. 9 54 4533 Jan. 91)3 Apr. 93 Apr. 10033 Apr. 100A. Apr. 9833 Apr. 94A Apr. 94 Apr. 9933 Apr. 16 Apr. 48A Apr. 4854 Mar. 97 A Apr. 99A Apr. 5 12 Apr. 1024 Apr. 1 13 1253 Apr. 3 10 12)3 Apr. 1 10 U34 Apr. 11A Apr. 52,33 Apr. 19 Apr. 3 Apr. 853 Apr. 8 10)3 Apr. 934 Apr. 923 Apr. 10 Apr. 43)4 Apr. 15 Apr. 1 2 Mar. Mar. 1 26 52 17 10124 Mar. 10 9 19 10124 Mar. 10 104 7 A Mar. 10 10633 Mar. 14 Jan. 4 11 105 A Mar. 10 3 101A Jan. 11 103 10 5 Jan. 8 104 2 13 1933 Mar. 29 57 Feb. 5224 Feb. 6 11 103 Jan. 20 15 102 Feb. 1 23 17 Jan. 28 67)4 Mar. 21 28 68 50 5 Jan. Apr. 11 Feb. 23 Apr. 18 26 Apr. 13 34A Apr. 12 3033 Jan. 27 22 Apr. 19 25 33 Apr. 19 554 824 824 824 7 923 Jan. .3 924 Jan. 23 Apr. 11 14A Jan. 28 Jan. 102A Apr. 101 30 ll 16 43A Jan. 14 25 Mar. 11 7)3 Jan. 7)3 Jan. 48 Jan. Jan. 27 10 Mar. 14 13 33 Mar. 11 13 33 Mar. 10 12 A Mar. 11 12 A Mar. 11 3833 Jam 5 Jan. 50 Mar. 14 A Mar. 14 42 Mar. 11 15 Mar. 11 17)3 Mar. 14 Feb. 70 28 19 33 Mar. 29 19)3 Apr. 1 10633 Mar. 17 Mar. 10 26 107 10 5 37 32 11 Sale 8 1 3124 Mar. 14)3 Mar. 11 13 33 Mar. 11 28 19 6 29 20 A 12 824 1 024 Sale 1134 19 Apr. 20 8 10 Apr. 9A Apr. 10 19 Apr. 20 12 A Apr. 11 Apr. 14A 12)3 11A 1024 28:24 23 33 Apr. Apr. Apr. Apr. Apr. Apr. 7 753 6 A 7'3 724 4334 Jan. Jan. Jan. Jan. Apr. 13 1553 Mar. 11 6 15)4 Mar. 11 4 Mar. 11 15 Apr. 6 14A 1433 6933 20 A Feb. 9 20 Jan. 9 19 Jan. 11 19 Jan. 11 653 Jan. 624 Jan. 1 3 6)3 Jan. 5A Jan. 15 Sale 24 10 11 "3124 1034 2433 853 824 824 824 Apr. 3 Aprl 3 Apr. 13 Apr. 19 Aprl 4 Apr. 3 Apr. 27 Apr. 1 Apr. 3 Apr. 4 Apr. 3 Apr. 15 Apr. 13 Apr. 6 Apr. 3 Apr. 4 Apr. 1 Apr. 6 Apr. 3 1053 Apr. 20 11)3 Apr. 1033 Apr. 1124 1033 Apr. 14 35 23 30 Apr. 11 Apr. 1733 Apr. 1933 1624 Apr. 28 Sale 16 19)3 Apr. Apr. 11 Sale 102)3 Apr. 10 10333 Apr. 101 Apr. 14 104 Apr. 20 1623 Sale 1633 Sale 10333 Sale 10233 25 3634 1933 1933 103 33 10233 5333 Apr. Apr. Apr. Apr. Apr. 923 833 833 23 17 MN 16 20 18 99A 49 4133 15 — Sale 10 23 Sale — 52 A 35 j 94 Sale 17 3033 933 933 Sale Sale Sale d Sale — 93 10033 10033 9833 9433 Sale 13 33 j Sale 53 Sale 1952 MN ; 47 Sale 31 1957 f 12 53 33 49 33 46 1966;,/ a633s extl secured s f 10 97 9834 103)4 102J4 Sale 103 A 10433 Sale 101 10134 Sale Sale 99 99)3 97 A 9834 Sale 102* 101 1958 1968 16 14)3 Mar. 11 1424 Mar. 11 5 16 19 9 Mar. 11 Jan. 9 Jan. 10 (State of)— *a8s extl loan of 1921 J 11 A a8s external J a7s extl water loan M S 73-3 733 6 A j j 15 1433 12 Sale. 11A Sale 1033 933 91s 11A 7 33 7 33 Sale 1223 10 Sale Sale 19 28 24 Sale 2533 26 21 11 1024 26 A 25 13 4 10 14 Apr. Apr. 933 Apr. 9)3 Apr. 24 yH Apr. 21)3 Apr. 8 8 8 6 11 Jan. 7)4 Jan. 7 Mar. 13 9 18 3 1553 Mar. 11 5 Mar. 11 15 6)4 Jan. 24 3 17 A Jan. 32 Jan. 2033 Jan. 25 27 31 2224 Feb. 21 14)4 Mar. 11 Mar. 10 23 A Apr. 24 2224 Feb. 21 (Kingdom)— 1962 AfN 1962 AfN a8s secured external a7s series B sec external 2,000 ASilesia (Prov) extl sink fund 7s_1958 J 7,000 4 As assented —1958 2,000 ASilesian Landowners Assn 6s—1947 57,000 Sydney (City) s f g 5 As 1955 54,000 Taiwan Elec Pow 5 As—-- —19711j 44,000 Tokyo City loan of 1912 5s 1952 M 122.000 External s f 5 As guar 1961 A _ "5",000 33 A 33 A Sale 55 M s J 1960 J 1961 8s Serbs Croats & Slovenes 91,000 270,000 67 Sale Prices 28 J MN __1936 1950 1956 a6s extl dollar loan 1968 176,000 ASec s f g 7s l 1940 4,000 ASaxon State Mtge Inst 7s—-.1945 ASinking fund gold 6)3s_Dec 1946 118,000 Sale IX 1 (Kingdom of) 7s—1959 F A AFebruary 1937 coupon paid ASaarbruecken (City) s f 6s 1953 j"j Sao Paulo (City of)— San Paulo Apr. 19 Apr. 14 2134 Apr. 26 1133 Apr. 11 66 Apr. 3 Highest 24 Apr. J A % 10,000 ARoumania 32,000 19 A Prague (Greater City) 7 As 55 19521 a/N APrussia (Free State) ext s f 6 33s 1951 m S "21" ASinking fund gold 6s 1952 a 0\ 20 Queensland (State of) ext s f 7s..1941|a o 103 33 Sale 195,000 25-year extl s f 6s Feb 15 1947jp a 106 A Sale ARhine-Main-Danube deb 7s ser a '50,m S 30 35 28,000 aRIo de Janeiro (City of) 8s 1946,a o 7 6 A 227,000 AExternal sec 6 As. 1953 p 6A 633 Rio Grande do Sul (State of)— 25,000 a8s extl loan of 1921.. 1946 O 733 8 00,000 a6s extl sinking fund gold d 1968 7 9 27,000 a7s extl loan of 1926 1966 MA7 733 Sale 48,000 a7s Municipal loan 1967 J d 7 A Sale 279,000 Rome (City) external s f 633s._1952 A O 68 33 Sale "T.ooo 13 Sale Prices 25 — Lowest Highest Sale Prices 37 1833 J J Vo J 1947 1959 171,000 ANational loan ext s f 6s 8,000 APoland (Rep of) g 6s 14,000 AStabiliz loan 7s of '27 45,000 AExternal s f 8s 4,000 4 As assented. 10,000 4 As assented APorto Alegre (City of) AExternal loan 7 As Ask 25 33 A Y IX % D 1963 (assented) 44,000 APernambuco (State of) 7s 73,000 APeru (Rep) Sec s f g 7s 307.000 ANational loan ext s f 6s 2,000 7,000 8,000 II,000 21,000 101,000 1433 67A Lowest 134 Apr. 158,000 Oslo (City) 4 As extl sink fund. -1955 A O 35,000 APanama (Rep) external 5)3s--1953 J D 7,000 AExtl s f 5s ser A May 15 1963 MN AStamped April 29 „ 1959 115,000 New South Wales ext s f g 5s—1957 liy.ooo External s f g 5s 1958 126,000 Norway 20-year ext s f 6s 1943 115,000 20-year external s f 6s 1944 268.000 External sinking fund 4 As—1956 431.000 External sinking fund 434S---1965 226,000 4s sinking fund extl loan -1963 16,000 Municipal Bank ext s f 5s 1970 1,000 ANuremberg (City) external 6s__1952 172,000 Oriental Developments 6s 1953 170.000 External deb 5 As 1958 71,000 24 X A J J J City (Italy) ext loan 6 )3s_1952 A O Minas Geraes (State of, 39,000 ASec extl s f 6 As.. 12 A ..... M N J - 18 1024 Sale MJV Q Q Q 36 A 2133 26 D I Ask\Bid Bid 40 23 38 D J J 1954 AAssenting 4s of 1904 AAssenting 4s of 1910 large. AAssenting 4s of 1910 small Ask Bid — April 1 1939 £0* 1954 (Colombia) 633s_ 6,000 Mendoza (Prov) 4s readj 1954 AMexican Irrigation 4 As gtd__ 1943 "2",665 1943 a433s stamped assented iMexico (U S) extern 5s 1899 £.1945 "4",060 ^Assenting 5s of 1899 1945 AAssenting 5s large. "5",600 iAssenting 5s small a4s of 1904 1954 i Jan. 3 Si0 (Concluded) 62.000 iMedellin range Since jan. PRICES IN APRIL Price :c 7.000 iJugoslavia (State Mtge Bk) 7s.1957 A O 1,000 ^Leipzig (City) external s f g 7s__1947 F A I,000 iLower Austria (Prov) 733s— 1950 J D 26.666 21 n. y. stock exchange—bonds 25)3 D J 2034 1931 24 Sale 2153 2033 Sale Sale 36 33 24 16 ~2l" 25 30 49 100 Sale 9624 "993a Sale 53 Sale 40 42% 5033 34 24 Sale Sale 10024 52 A S Sale Sale 22 _ A A 30 25 3023 D Sale Sale 39 18 23 Apr. 10 Apr. 22 21A Apr. 21 1533 Apr. 11 2524 Apr. 27 25 \ Apr. 27 18 20 Apr. 14 Apr. 3 25)4 Apr. 17 25)4 Apr. 17 94 Apr. 19 100 Apr. 1 53 33 Apr. 50)3 Apr. 29 4 z3723 Apr. 24 42 Apr. 10 8 55)3 Apr. 5324 Apr. 4 O 51 5534 53 55 5424 AUruguay (Rep) external s f Ss._1946 F a AExternal sinking fund 6s 1960 AfN AExternal sinking fund 6s 1964 AfN 42 46 46)3 45 A 46 A 53 46 4853 4253 4253 Sale 41 43)4 37 38 41 39 40 A 39 36 43 A Sale 51 40 51 53 18 Apr. 10 28 15)4 Apr. 11 2533 2524 Apr. 27 33 18 28 Apr. 14 25)4 Apr. 17 29 94 Apr. 19 103 4924 Jan. 25 54)4 37)3 Apr. 24 49 58 50A Jan. 16 Jan. Jan. 7 9 Jan. 27 Feb. 25 Feb. 15 Mar. 17 Jan. 3 Feb. 2 Jan. 20 47 Feb. 27 42A Jan. 3 49 Mar. 43 10 4633 Apr. 4 40 Jan. 24 45 Apr. 22 42A Apr. 3 37 Jan. 17 43 33 Mar. 3 13 6 36 Jan. 16 43 35 Feb, 20 43)4 Apr. 10 Jan. A Feb. 2 27 324-4-4)3% ($ bonds of 1937) 235,000 1979 Af N External readjustment 39 A 3 324-4-4)3% (S bonds of 1937) 19,000 29,000 36,000 "9",660 27.000 4,000 31,000 53.000 1979 Af N External conversion 3J3-4)3-45i#% extl conv 1978 4-4 A-4 As external readj 1978 3 As external readjustment 1984 Venetian Prov Mtge Bank 7s—1952 AVienna (City of) 6s— 1952 AWarsaw (City) external 7s 1958 4 As assented.. 1958 Yokohama (City) extl s f 6s 1961 j d p "37"" a j p 38 41A 41 - — — — ~ - "39)3 ~28~" Sale a p a j ]j j D 65A m S 103 33 55 A '35)4 45 14 — w 48 A Sale 3123 57)4 56 A 22)3 Sale 40 3733 Apr. 11 15)3 Apr. 27 22 Apr. 12 8 16)4 Apr. 54A Apr. 17 45 41 43 Apr. Apr. Apr. "37"" 37 58 O M N 4053 3623 j a 41 39 Sale 41 8 Apr. 38 Apr. 29 4033 Apr. 20 22 20 56)4 "2724 23 Sale Apr. 19 1524 Apr. 18 28 Apr. 1 2524 Apr. 24 57 34 Apr. 3724 Jan. 30 3623 Jan. 5 3733 Apr. 11 1433 Feb. 9 22 Apr. 12 16)4 Apr. 8 54)3 Apr. 17 Mar. 3 6 42 A Mar. Mar. 17 45 3623 Jan. 5 Mar. 11 51 1833 Mar. 2 34 Jan. 5 31 Jan. 11 59 Feb. 67 Mar. 11 Jan. 19 3 railroad and industrial companies 98,000 *t AAbitibi Pow & Paper 1st 5s 11,000 Adams Express coll tr g 4s 9,000 Collateral trust 4s of 1907 19,000 4Ms stamped.. __ 1953 1948 1947 j 1946 F 12,000 Adriatic Elec Co external 7s 1,000 Ala Gt Sou 1st cons 5s ser A D A 1952 a O 1943 j D 14,000 First cons 4s series B_ 1943 J D 24,000 Albany Perforated Wrap Pap 6s .1948 a O 16,000 6s with warrants assented 1948 2,000 Albany & Susq 1st guar 3 As 1946 a O 242,000 Allegheny Corp coll tr conv 5s__1944 F A 182,000 198.666 Collateral and convertible 5s__1949 j D ACollateral & convertible 5s__1950 a O a5s stamped 1,000 Allegh & West 1st g guar 4s 64,000 23,000 53,000 318,000 1,000 499,000 10,000 287,000 99,000 Allegh Valley gen gu 4s Allied Stores Corp deb 4 As. 4 As debentures — Allis-Chalmers Mfg conv 4s AAlpine Montan Steel 7s Amer & Foreign Power deb 5s American Ice s 1950 1998 1942 1950 ..1951 1952 1955 2030 f deb 5s American I G Chemical 5)3s Amer Internat Corp conv a a O ---- 60 50 35 40 7233 7933 77 70 72 4514 103 24 97 F a M Af S 82 93 10924 37 33 Sale 50 Sale Sale 18 5324 Apr. 1 43 Apr. 18 15 102)4 Apr. 12 101 Feb. 16 104 102)4 Apr. 26 105 Apr. 27 5124 Apr. 15 108 6 Apr. 10553 Apr. 15 35 Apr. 1 36 Apr. 13 75 4 Apr. 77 3 Apr. 67 3 Apr. 100 95 90 108 19491AfN 10123 Sale 102 Sale Sale Sale 98 9134 93 88 A 25 326,000 630,000 416,000 9,000 72,000 For footnotes. 70 Apr. 49A Apr. Sale 105 Sale 93 110 89 89 see page 30. Apr. Apr. Apr. Sale . 11124 Sale 111)3 Sale 108 Sale 108 Sale Sale 10724 10433 103 53 Sale 10833 .Sale 100)4 104 10053 Sale 115 18 8 10 11 5 11 29 17 106)4 Apr. 10 28 30 35 35 Apr. 25 10 51A Apr 5233 Sale "53)4 Sale 3 102 34 10233 102 A 102)3 102)4 Apr. 10024 Apr. 19 10124 Sale 102)3 Sale Sale 100 101 98A Apr. 10 101)3 Sale Sale Sale 104 6 Sale Sale Apr. 100 A Feb. 49A Apr. 107 Jan. 104 Jan. 104 Jan. 20 16 105 Apr. 27 1 66 33 Feb. 20 17 108)4 Mar. 30 4 10524 Mar. 8 19 3233 Mar. 28 3 Apr. 32 72 Jan, 23 68 Apr. Apr. 10 57 8 3623 Mar. 13 39 A Feb. 27 Mar. 25 80 8533 Mar. 10 7533 Mar. 9 Feb, 23 9 4833 Mar. 41 X Mar. 9 2233 Apr. 11 Mar. 60 8 5 49A Apr. 10324 Jan. 10 106)3 Mar. 10 Jan. 8 93 Apr. 29 100 38 22 33 American Telephone & Telegraph— | 20-year sinking fund 533s____1943!MiV 11153 3 As debentures 1961 A O 10524 3 )3s debentures 1966!J D 10533 Am Type Found s f debs 2 33-5s .1950 J J 10923 Amer Water Wks & El 6s ser A__1975iM2V 1002s 19 32 "24"" 48 A 4633 59J3 10524 107 10524 Sale 40 102 53 "2733 Sale Af S 1953 J D 533s..l949\j Sale 102 34 Sale 43 41 43 A Apr. 101)3 104)3 101-33 Apr. 99 Apr. 104)3 100 104 105 104 105 Apr. 42 "54 A 49A Apr. 5233 108 108 Apr. 10724 105 106" 10533 105% 105 Apr. 42 33 35 33 Apr. 352-4 32 35 45 32 Apr. 35)4 75 81 75 75 78 Apr. 68 Apr. 70 A Sale 7634 Sale 63 67 64 57 60 Apr. 52.33 156" ~ 50 3833 O O 70 10534 103 24 104 Af S A 66 A 1 04 103 33 103 105 Ill)3 10754 107 33 102)4 99 A 2933 Apr. 49A Apr. 106 Apr. 95 Apr. 9024 Apr. 110)3 Apr. 30 Apr. 56 J4 Apr. 102)4 Apr. 10254 Apr. 10033 Apr. Apr. 18 112 Apr. Apr. 21 108)4 Apr. 3 108)4 Apr. Apr. Apr. 12 104 33 Apr. Apr. 18 103 24 Apr. 6 6 22 25 3 3 27 10 3 6 1 1 89 Jan. 17 94 A 106 34 Apr. 10 112 30 Apr. 25 40 48)4 Jan. 102 Jan. 10024 Apr. 9833 Apr. 111?3 10553 105)4 10233 99A 6033 10 102-24 11 10333 10 104 A 2S Mar. 13 Mar. Jan. 9 5 Mar. 11 Jan. Mar. Jan. 24 4 13 Apr. Jan. 18 112)4 Jan. 12 5 108)4 Mar. 1 Jan. 27 108)4 Mar. 28 12 111 A Jan. 13 18 107 Feb. 18 Apr. Apr. 22 N. Y. STOCK EXCHANGE-BONDS CO Sales in PRICES IN APRIL Price April BONDS Value N. T. STOCK EXCHANGE •2TC S2 w 1939 Avril Bid 247,000 Anaconda Cop Min s f deb 4%s_1950 Anglo-Chilean Nitrate— 27,000 ^Sinking fund income deb 1967 39,000 tAnn Arbor 1st g 4s July 1995 3,000 Ark & Memp Bdge & Term 1st 5s '64 276,000 Armour & Co 4s s fser B (Del) 1955 87,000 1st M s f 4s ser C (Del) 1957 Atchinson Topeka & Santa Fe— 449,000 Gen g 4s 1995 iAdjustment g 4s Julyl 1995 35" 000 AStamped 4s. July 1 1995 3,000 Conv g 4s of 19091955 30,000 Conv g 4s of 1905 1955 Conv g 4s of 1910 1960 300", 666 Conv deb gold 4%s 1948 27,000 Rocky Mtn div 1st 4s A 1965 39,000 Trans-Cont Short Line 1st 4s gl958 36,000 Cal-Ariz 1st & ref 4%s ser A..1962 Atl Knox & No 1st g 5s 1946 Atl & Char Air Line lst4%s A__1944 55,000 1st 30-year 5s ser B— 1944 76,000 At 1 Coast L 1st cons 4s July 1952 27,000 General unified 4 Ms series A 1964 23,000 10-year coll trust 5s May 1 1945 60,000 L & N collat gold 4s Oct., 1952 79,000 Atlantic & Danville 1st g 4s 1948 25,000 Second 4s _r - _ A O Jan Q J 189,000 98,000 127,000 39,000 178,000 27,000 265,000 226,000 33,000 10,000 76,000 25,000 5,000 ARef & gen 6s series C ACertificates of deposit ARef & gen 5s series D. 98 M Sale A O 107 % Sale Nov 89 MN 89 M Sale D 91% 92% 98M J D J J M S g 3s 3 Ms gu Ms 89 M J J Sale 101 101M 1?!* 103 Sale 110 92 Sale 85M 78 63 M 72 99 Apr. 10 102M 99M Apr. 25 100M Apr. 14 Ill 107 Apr. 22 110 57 M Sale Sale 101 56 39M 25M 44 M 33 M 56 M 55 M 56 M 103 M 104 104 H 25 21 20M 22 M 80 75M 45 60 94M Apr. Apr. 57 Apr. 67 M Apr. 55 Apr. 34M Apr. 26M Apr. 54M Apr. 102M Apr. 20 Apr. 60 Apr. 100M Apr. 77 102 Sale Sale Sale 56 Sale 50 A O 56 M Sale Sale 49 D 20 % 20 M Sale 55 H 53 Sale 19 J 19M Sale D 20% Sale 55 M 18M Sale 18M Sale 19M Sale 19M 100M Sale 56 M 20 19M 18 M Sale 20 M Sale 19 M Sale 19 18M Sale 18M Sale "l8% 17 M 18% Sale 18M Sale 18 Sale 18 11 18M "26" 11M Sale 12 10M 46 M 49 M 46 M 50 Sale A Sale Sale 10% Sale 47 M 55 Sale 35% Sale 37 Sale 35 Sale 37 M Sale 37M Sale 98% 51 48 27 M —— 27 M 1966 A 1952 A 1944 J M S MN A O F A J J MN MN 106% 101M 100 % 106 M 28 % 28% 27 M &K 48 108M 73 M J J 35 35 F A 82 % MN 82 91 90 M 98 M 83 85 47 M 90 . Sale U7M Sale 131 "26% 30 28 26 M 19 28 24 Sale 50 Sale Sale 38 M "86" 78% Sale 8 5M 34 M 30M 30% Sale 30 M 27 ?* 27 30M 29 M 7% 109 30 % 33 M ACent Br Un Pac 1st g 4s 194s J D "V.666 jACent of Ga Ry 1st g 5s. .Nov 1945 F A 22,000 AConsol gold 5s.__ 1945 MN 62,000 ARef & gen 5Ms series B 1959 A O ARef & gen 5s series C 34,000 1959 A AChat Div. pur money g 4s...1951 J 7 34 8M 8% 79 M 33 H 32 6M 67 M 39% Sale 34 Sale 52 Sale 48 Sale 97 M 94 Sale 97 H 89 M Sale 114M 113M 117M 117M 116 M 114M 112M 121M Sale AMacon & Nor Div 1st g 5s. ..1946 J AMiddle Ga & Atl Div pur m 5s '47 J AMobile Div 1st g 5s -.1946 J Sale 115M 115M 114M Sale 118M Sale 118M 116 % 117M 115 Sale 114M Sale 122 M 80 Sale 5 122 M 77 M Sale Sale Sale 98 M Sale 112 Sale 112% Sale 91M Sale 42 M 60 105M 106 M 88 M 90 6 5M 10 55 89 M 18 M 39 Sale Sale S» 1 95 87 % 6% 103 72 M M S 109% 103 M ilH 111 80 86 12M 31M 6 7 7 97 Sale 104 Sale 111M 28M Sale 16 Sale 15 106M 74 % 67% 60 M 1962 1949 1954 i960 108M Sale 64 Sale Sale Sale 92 % 113 117M 118M 116M Sale Sale 122 72 M Sale 113M Sale 83 Sale 31 11 10 11 14 10 12 8 24 25 25 18M Apr. 19 Apr. 18M Apr. 12M Apr. 11M Apr. 49 Apr. 47 Apr. 39M Apr. 38 Apr. 45M Apr. 103 Apr. 86 Apr. 91M Apr. 26 3 1 1 3 1 25 3 24 11 28 1 Mar. 6 15 Jan. Mar. 11 Mar. 62 102 33 9 Mar. 14 100 43 6 25 Jan. Mar*. 5 8 72 Jan. 17 Mar. 10 44 16M Jan. 16M Jan. 16 Apr. 10 Apr. 9M Apr. 44M Jan. 1 9 79 72 105M Jan. 16 26 Jan. Mar. 16 8 102M Apr. 20 Apr. 60 Apr. 26 8 Mar. Mar. 11 89 M Mar. 71M Mar. Jan. 24 3 3 6 97 Jan. Jan. Apr. Jan. Apr. 26 Mar, 86 Jan. 22 Mar. 111 89M Jan. Apr. 57 Apr. 67M Apr. 55 Apr. 33M Jan. 26M Apr. 47M 16M 16M 18M 17M 25 1 9 110M Mar. 17 77 49 7 P1 Jan. 28 26 Feb. 103 M Mar. 28 100M Jan. 23 99 Apr. 98M Jan. Apr. 107 Apr. 26 22 98 99 M Mar. 99 H Mar. Mar. 15 97 M Mar. 14 98 M Mar. 13 Mar. 171 96 48M Jan. 28 42 93 Mar. 29 5 95 108 52 Jan. Mar. 13 Mar. 10 26 110 105M Apr. 86M Jan. 87M Jan. 91 % Feb. 89 Jan. Mar. 1 Mar. 13 62 M Mar. 10 Mar. 11 63 62 Mar. 10 24 Mar. 10 23 H Mar 14 24 M Mar. 10 24 % Mar. 10 23 M Feb. 28 23 H Feb. 23 M Feb. 23 M Mar. 14 M Feb. 14M 55 M 52 M 44M Jan. Jan. Jan. 28 28 10 28 5 Mar. 16 Mar. 14 Mar. 9 4 34M Feb. 44 Mar. 9 3 38 Jan. 52 Mar. 4 8 102 Apr. 18 26 8 78 Apr. 5 80 Apr. 26 118 3 132 13 "51" Apr. Apr. 108M Jan. 98 M Jan. 101M Jan. 10 11 6 14 27M Apr. 25 6 26M Apr. 22M Apr. 27 Apr. 10 Apr. 28 10 103M Apr. 3 8 1 99M Apr. 27 8 107 26 3 Apr. 3 Apr. 1 Apr. 3 Apr. Apr. 24 8 Apr. Apr. 10 4 Apr. 29M Apr. Apr. 5% Apr. 5 Apr. 67 Apr. 35 Apr. 47 Apr. 96 Apr. 90 Apr. 113M Apr. 113M Apr. 117M Apr. 117M Apr. 116M Apr. 114M Apr. 112M Apr. 121M Apr. 65 Apr. 90 Apr. 112 Apr. 89 Apr. 83 Apr. 107 M 87 M 8 8 19 6 29 10 17 14 24 19 28 10 20 28 27 27 11 11 8 8 12 87 • 42 11 81M 84 16 12M 31M 6M 85 Apr. Apr. 82 Apr. 8 9 63 7 H 3 M 4 3M 4% 2M 4M 3 Feb. 21 Jan. 26 27 105 Apr. 100% Apr. 96% Apr. 106% Jan. 24 Jan. 33M Apr. Apr. 6M Apr. 5M Apr. 70 Apr. 39M Apr. 52 Apr. 97% Apr. 94M Apr. 115M Apr. 115M Apr. 119M Apr. 119 Apr. 117M Apr. 116 Apr. 115 Apr. 122M Apr. 77M Apr. 98M Apr. 113 M Apr. 95) Apr. 88) Apr. 32 8 7 Feb. 25 10SH Feb. 2 Mar. 13 10 104 8 102 M Mar. 9 11 107 H Mar. 15 26 25 Jan. 26 23 Jan. 24 6 Apr. 6 47 Feb. 107% Jan. 68 Apr. 39 H 40 X 37% 10% Mar. 6 8 Jan. 5 2 14 Mar. 64 28 109^ Jan. 20 8 1 82% Mar. 23 45 Mar. 16 23 40 92 Mar. 26 85 Jan. 4 99 Apr. 1 108% Jan. 4 113% Apr. 25j 3 26 81 14 Jan. 111% Jan. 30 26 Jan. 19 10 5 6 Apr. Apr. 29 Apr. 10 Apr. 17 67 35 1 47 3 4 5 3 10 1 4 6 4 3 1 11 3 3 107M Apr. 25 4 85 Apr. 1 16 3 Mar. 15 H Apr. 40 5% 3 29 Feb. 12 108 X Apr. 29 6 107 Mar. 6 26% Jan. 25% Jan. 27 9 Mar. Mar. Feb. 35 5 16 26H Jan. 93 Jan. 9 Mar. 8 Feb. 28 8% Feb. 28 75 Mar. 6 41 Jan. 55 Mar. 11 3 3 Feb. 40% Mar. .5 17 25 00% Mar. 27 90 Apr. 24 00% Jan. 10 113% Apr. 19 110% Mar. 14 113% Apr. 28 116HMar. 8 Mar. 9 117% Jan. 26 120 117% Apr. 20 119^ Mar. 10 116% Apr. 28 1185* Mar. 3 114% Apr. 27 110% Mar. 15 112% Apr. 27 115% Mar. 16 Feb. 7 121% Apr. 11 124 65 Apr. 11 82% Jan. 21 8 100% Jan. 23 90 Apr. 8 114% Feb. 20 112 Apr. 89 Apr. 12 100% Jan. 20 9 83 Apr. 11 94% Mar. Fob. 11 43 % Mar. 14 40 Jan. 20 107 % Feb. 105 9 92 Jan. 18 4 85 Apr. 92 27 Feb. Apr. 27 17 52 82 97 Mar. 16 16 Jan. 25 19% Jan. 18 Feb. 10 3 52 31M Apr. 6M Apr. 3 Apr. 3 Apr. 17 8 10 10 6 91 Apr. 1 31M Apr. 7M Apr. 4 Apr. 3M Apr. .31% Apr. 6% Apr. 3 Apr. 3 Apr. 7% Feb. 9 8 10 10 6 10 32 12% Jan. 6% Jan. OX Jan. 6 7 Jan. 5 5% Jan. 26 Jan. 16 10 9M 6 4 3M Apr. 3% Apr. 7 11 7 7M Apr. 17 7 Apr. 17 95 100 Apr. 10 98 Apr. 26 42 "51" 63 67 54 Apr. 11 Apr. 12 109M Apr. 24 110M Apr. 11 109M Sale 104 M Sale 102M Apr. 11 104M Apr. 28 111M 111M Apr. 18 111M Apr. 21 Sale 24 1 25 M "28" Apr. 11 29M Apr. Sale 16 1 Apr. 16M Sale 18M Apr. 20 17 15 8 8 15 19 Apr. 12M Apr. 6 109 108H 108 M 108 Apr. 13 109 Apr. 67 M 3 64M Apr. 12 68M Apr. & Sale 64 73 M 60 70 Apr. 18 64 Apr. 18 Sale 43 3 Apr. 11 45M Sale 53M Apr. 6 Jan. 28 105 15 63 28 31 27 80% Jan. 106% Jan. 103% Jan. 72% Jan. 45 Sale 105 28 Jan. 21% Jan. 40 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Mar. 20 19 20% Jan. 3 10 Mar. 17 116M Apr. 26 119 3 133 129M Jan. 43 M 107 9M "~3% 110M 110 lly 90 Sale 107 93 3M 4M 3M Sale 99 A Sale Sale* II* Sale 55M "9l" 39 M 25 F t ACentral New Eng 1st guar 4s_. 1961 ACentral of N J gen g 5s 1987 AGeneral 4s.. I...... 1987 Sale 67 45 104% 11M "~5% M 95 M 115% Sale 115% 118M Sale 119 119M 117% Sale 115% 115M 114% 115 115 98 31M 12 M 6 26M Apr. 26M Apr. 21 Apr. 30 34 5M 4M Sale 14 11 109 M "34% Sale A 8 10 Apr. 19M Apr. 20 M Apr. 20M Apr. 18M Apr. I* Sale D 10 20 Sale 7 1981 J 1947 F 6 27M Apr. 11 32M 27 Apr. 10 33 M 8 Apr. 30M 6 6 Apr. 7 5M 54 4 5 55 60 62 M Apr. 62M 108% Sale 108 M 108 M 108M Apr. 14 109 68 8 Sale 77 Apr. 80 71M Sale 40 21 3 46 M 35 Apr. 40M 50 M 95 40 80 % 87 83 M 84 H 81M Apr. 10 86M 4 108M 107 M Sale 108 M Sale 107M Apr. 105 106 M Sale 106 M Sale Apr. 11 106M 1 Sale 80 80 81 83 Apr. 82M 98 Apr. 11 99 X Sale 98% Sale 99M 1 105 105 Sale 105 Apr. 5 113 M 112 112% 112 M 112M 111M Apr. 32 M Sale 23 M 107 70 ..I960 8 11 24 28 M 29 41 52 92 % 95 M I ACarolina Central 1st gu g 4s__1949 Caro Clinch & Ohio 6s ser A 1952 3,000 Carriers & Gen Corp deb 5s w w.1950 MN 1 5 l%ly* 30 Sale 65", 000 11 28 Sale Sale 106 M 106 % 98 % 8 Sale Sale Sale 1954 6 Sale 26 Collateral trust g 5s-__ 11 10 Sale 28M 5s equip trust ctfs. 10 99 M 107 m J 11 21 106 M 103 % Sale D J Apr. 18 30M Jan. -26 92M Apr. 19 97 Apr. 12 96 Apr. 11 91 1 Apr. 3 Apr. 4 Apr. Apr. 26 96M Apr. 85 Apr. 63M Apr. 72 Apr. 63M Apr. 40 Apr. 33 M Apr. 57 Apr. 104M Apr. 20 Apr. 60 Apr. 100M Apr. 56 Apr. 55M Apr. 55 Apr. Sale Sale 1957 MN 1946 M S J 1944 J Apr. 48% Apr. 16M Apr. 16M Apr. 18M Apr. 17M Apr. 16M Apr. 17 Apr. 16 M Apr. 16 Apr. 10 Apr. 9M Apr. 45M Apr. 45M Apr. 36M Apr. 35 Apr. 42 Apr. 102 Apr. 78 Apr. 80 Apr. 14 10 M Apr. 105 Sale Apr. 100M Apr. 102 M Sale 98 M 96M Apr. 98M Sale O 26 M 26 M 24 29% Sale A Apr. 47 M 90 120 M H6M Sale 116M Apr. 131 Apr. 131M 131 % 133 102 M 30 106 M J 19 30 103 M 75 94 102 91 MN D 36 M 35 MN J 37 44 M Sale 43 Sale J F 104 Sale II* 102 45 85 117% 129 M 20 18 «* 40 J Sale Sale 107 % A 3 90M Apr. 96M Apr. 97 Apr. 108 56 A 8 108M Apr. 6 88M Apr. 95 Apr. 22 94 Apr. 28 O MN 1 Apr. 39 4 Apr. 93M Apr. 27 3 99% Apr. 3 98M Apr. Sale Prices 104M Apr. 20 106 85 97 M Sale Sale 32 % 55 % Sale 100 - 105M Apr. 24 M 95 M 77 Sale Sale 1951 J Foundry 1st mtge 6s...1941 Central mtge 5s 1941 Cent Hudson G & E 1st & ref 3 M *65 Cent 111 Elec & Gas 1st 5s --1951 Central Illinois Light 3Ms 1966 Apr. 18 35 Apr. 21 92M Apr. 19 97 Apr. 12 96 Apr. 11 19 Sale Prices 1 Highest 110 91 II* 1989 J Central Sale Price 95 Sale 31M 51% 104 M 16M 71M .1951 J Canadian Pac 4% deb stock 45,000 Central N Y Powei 3 Ms 194,000 Cent Pac 1st ref guar g 4s 5,000 Through St L 1st gu g 4s Guaranteed 5s 262,000 95 % 84 Sale Prices 95 92 "95"" 94 35 J Sale 95 Sale 102 M 100 103 "93% 96 74M. 89 M 92 M "97" J 185,000 Canadian Nat gold 4 Ms ..1957 122,000 Gu iranteed gold 5s Julv 1969 94,000 Guaranteed g 5s ...Oct 1969 7,000 Guaranteed g 5s._._ 1970 57,000 Guar gold 4Ms. June 15 1955 198,000 Guaranteed gold 4Ms 1956 83,000 Guaranteed gold 4 Ms 1951 M S 65,000 Canadian Northern J guar 6 Ms 1946 J 257,000 7,000 5,000 11,000 8,000 7,000 94,000 3,000 31,000 91,000 1,000 94 M 96 "89" 38% Sale 96% "89" 65 ^Certificates of deposit Carthage & Adir 1st gu g 4s Celotex Corp deb 4Ms w w Sale 71 Ad'nnnBu^h Terminal Co 1st 4s._____1952 44,000 Consolidated 5s.___ 1955 31,000 1960 223,000 £B}]^Terin BId^s 1st 5s gu Calif-Oregon Power 4s. 1966 97,000 Canada Sou con gu 5s ser A. 1962 31",000 97 % Sale D 1 Lowest 110M 5s 1943 J ^Certificates of deposit *tABurl Ced Rap & Nor 1st 5s. .1934 4Ms Sale 108H 112M 13 M 881666 B.n%lo Niagara Elec 3 Ms ser C.1967 ABuff Roch & Pitts cons 4 trust 98 69 76 69 1960 F Cons mtge 3 Ms series E 3 Ms s f conv debs Collateral Sale MN J MN Sysref 4s 1941 MN Certificates of deposit ASo'western Div 1st mtge 5s__1950 j"j ACertificates of deposit Toledo Cinn Div ref 4s A 1959 J Collateral trust gold 4 Ms 97 M 111 J J 1st lien & ref. 5s series B 1957 MN 5,000 IfBrown Shoe s f deb 3 Ms 1950 F A 51,000 Buffalo Gen Elec 4Ms ser B-... 1981 F A 184,000 65,000 144,000 103,000 94 18 Big Sandy Ry 1st mtge 4s Boston & Maine 1st 5s ser AC-.1967 103,000 1st mortgage 5s series II 1955 82,000 1st g 4 Ms series JJ 1961 13,000 I ABoston & NY Air Line 1st gu 4s '55 39,000 Brooklyn City RR 1st 5s 1941 53,000 Bklyn Edison cons mtge 3 Ms 1966 1,284,000 Bklyn Manhattan Transit 4 Ms. 1966 5,000 Bklyn Queens Co & Sub gtd 5s. .1941 1st 5s stamped 1941 83",606 Brooklyn Union El 1st 5s 1950 150,000 Brooklyn Union Gas Co 1st g 5s 1945 99,000 1st lien & ref 6s series A 1947 63,000 Debentures gold 5s .1950 186,000 onnn 36 97 M Sale 116"" 109M M S 1996 M S 302",660 nnnn Sale 108 M ADebentures 6s 1955 A Berlin Elec Elev & Undgrd Rys— 4,000 Alst 6Ms --.1956 A 238,000 Bethlehem Steel 4Ms series D..1960 J nnfk 41 99 Sale 7,000 7,000 39 20 5s series C I960' Belvidere Del cons gtd g 3 Ms 1943 15", 660 ABerlin City Electric deb 6Ms.-1951 7,000 ADeb sinking fund 6 Ms -1959 n 95 21 20 107 M Highest 105 M 104M Apr. 20 105M Apr. 105 Sale 90 M 90 M Sale Ask Ask Bid 24 Lowest Avril 29 1 105 % Sale Sale 87 M 100 % Beech Creek Exter. 1st g 1951 A 138,000 Bell Telephone of Pa 1st 5s B.__1948 J 36,000 First & ref 535,000 987,000 97 Sale J P L E & W Va Sturgis 98 J 1995 J ACertificates of deposit AConvertible 4M»ACertificates of deposit Battle Creek & Sale 34 M A 2000 M S ACertificates of deposit ARef & gen 5s series F. 42,000 Bangor & Aroostook RR 1st 38,000 Con ref mtge gold 4s. 18,000 4's stamped 25 M 30 F 1948 J J 30,000 Atl Gulf & WISS Line coll tr 5s_1959 77,000 Atlantic Refining deb 3s-._ 1953 1,000 l*iAuburn Auto conv deb 4%s_1939 2,000 Austin & N W 1st g 5s guar 1941 22,000 Baldwin Loco Works 5s stpd 1940 280,000 Bait & Ohio 1st mtge g 4s_July 1948 234,000 Alst mtgc g 5s— .July 1948 26,000 ACertificates of deposit 335,000 ARef & gen 5s series A 1995 133,000 ACertificates of deposit 105% Sale M S J RANGE SINCE JAN. Jan. 3 4 3M Apr. 7 Apr. 95 Apr. 42 Apr. 109% Jan. 102 M Anr. 110M Mar. 24 Apr. 16 Apr. 15 Apr. 107 8 107 Jan. 5 75 Jan. 4 111% 104% 111% 39% Mar. 10 Mar. 15 Apr. 21 Jan. 3 6 28 24 Feb. 1 110 Jan. Mar. Jan. 15 77% Mar. 10 72% Mar. 9 63% Mar. 11 64M Apr. 64 Apr. 43 Apr. Central RR and Banking of Ga— 5s extended to May 1, 1942- 1,000 15,000 Central Steel 1st sink fund 8s 1941 67,000 Certain-teed Prod s f g 5Ms A..1948 Champion Paper & Fibre— 37,000 S f deb 4Ms (1935 issue) 1950 69,000 Sf deb 4 Ms (1938 issue) 1950 For footnotes see page 30. MN 54 MN 115 M S M S M S 79 M 100 Sale 115M Sale 104 99M 103M 54 115 60 49 58 54 115 Apr. Apr. Apr. 4 54 Apr. 19 115M Apr. 11 77 Apr. 115M 115 Sale 71M Sale 101M Sale 101 101 M'101 100M Apr. 21 102 Apr. Apr. 4 101M Apr. 101M 101 74 M 73M I100M 101 70 52 Feb. 14 4 12 115 Jan. 3 70 Apr. 55 Mar. 3 11 115% Feb. 27 86 Mar. 11 11 100M Apr. 100M Jan. 21 102M Mar. 13 11 102 Mar. 9 5 3 mat, 1939] Sales in Bid 1946 j 1989 J 1989 J r & a Div 1st con g 4s 2d con gold 4s— Warm Springs Valley 1st g 89,000 AChic & Alt rr ref g 3s. 210,000 Chic Burl & q 111 Div 354s 149,000 302,000 83,000 70,000 2,000 263,000 40,000 2,000 344,000 5s. Illinois Division 4s—. General 4s 1st & ref 454s series b 1st & ref 5s series a ----- 6s 1947 1947 1947 general 5s series a-—1966 gen 6s series b—May 1966 t AChic Indianap & Louisv rf g 8,000 ARefunding gold 5s ser b ARefunding 4s series c__ a 1st & Alst & 11,000 11,000 Chic Indiana & Sou 50-yr 4s—-1956 Chic l s & East 1st 4 Ms —1969 121",006 t AChic Mil & St p 4,000 74,000 76,000 i",66o M S F a F 96 95 m AGen AGen "13m 98 m 103 m 99 92 m Cin Leb & n 1st con gu g 4s Cincinnati Union Terminal— 1942 21h 80 M 24 13 M 15 j 28 j 28 j il'i a o if* If* if* mn M N MN MN MN M s j d j 19 d MN 44 H 18 m 16 m z, j a q .... m s 8 jvf n 4 d 74 j j 157,000 1,515,000 1981 —1965 —1968 1st mtge g 4s series f_ 1st mtge 35^s series h 1st mtge 3 Ms series Conv deb 3 ms i —1958 3ms (interest waived to and incl. May 15, 1939) 1958 1,359,000 1,000 Conn & Passum Rivs 1st g 4s—.1943 Conn Ry & Lt 1st g 4 Ms -1951 "8" 000 Stamped guar 4Mb —1951 23,000 Conn River Power s f 3%s a—1961 129,000 Consol Edison (n y) deb 3 ms—1946 3 Ms debentures 1948 181,000 7^ g a q j j m j j j 3 6,000 3 Ms debentures 3 Ms debentures AConsol Hydro-Elec ADebentures 4s ADebenture 4s ADebenture - 4s 30,000 Consolidation Coal s f 5s 3 9 Apr. 11 1054 Apr. 9754 Apr. 20 100 Apr. Apr. 10054 Apr. 12 103 Sale 9554 94 Apr. 18 9854 Apr. Sale 86 Sale 85m Apr. 20 89 m Apr.* Sale 9254 Sale 91m Apr. 12 9554 Apr. 101 101 3 101 9654 100 Apr. Apr. Sale 14 Sale 12m Apr. 10 1554 Apr. 12 6 13 1454 Apr. 14m Apr. w* 86 m 86 Apr. 27 86* Apr. "1554 Sale 15m Apr. 11 Apr. 1754 9 7m 354 70 Sale if* 13 454 Sale Sale Sale Sale Sale Sale Sale Sale 22m 28 Sale Sale Sale Sale Sale Sale 2054 21 l'i if* Sale 25 24m 9 Sale 78 12m 12 107 Sale 105 Sale Sale Sale 89 j 8854 88 7554 11m jvfn 78 m 13 m Sale 52 11* 654 Sale 554 Sale 654 Sale 554 Sale 3 69 m 6254 61m 55 m 46 m 1st mtge 3ms 1st mtge 3Ms- For footnotes, see 1965 1965 1967 1970 1966 9754 10054 94 85M 91m 12 954 Apr. 25 6 10M Apr. 354 5m Sale 3 54 Apr. 3 54 Apr. 6354 Apr . il* 1954 1954 1954 10 10 10 954 1054 Sale 89 m 12 654 654 6 3m 19 m 24 2054 25 Sale 19* Sale 17 if* if* 754 6m 754 Sale 49 57 uk uh 554 Sale 454 554 4 54 2m 70 Sale 6 554 254 76 1954 1854 18M 1954 1954 654 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 45 11 Apr. Apr. 1054 Apr. 5 Apr. 4m Apr. 5 Apr. 4 Apr 2m Apr. 70 Apr. 57 5054 49 45 57 m 47 m 1454 ?§* 105«« 10554 10454 105 m 10554 Apr. Sale 106 108 107 m 109 Apr. 75 75 41m 73 6554 Sale 6354 Apr. 0 j mn p a 104 M 108 m 10854 10854 Apr. 11 12 11 8 11 8 13 8 14 8 8 21m Apr. 2254 Apr. 23 Apr. 22 Apr. 22 Apr. 854 Apr. 254 Apr. 11m Apr. 11m Apr. 11m Apr. 1154 Apr. 1254 Apr. 11 Apr. 15 Apr. 8 Apr. 754 Apr. 6m Apr. 454 Apr. 45M 1254 1154 6m 5m 654 6 8 3 17 73 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 6 3 1 3 4 3 3 Sale "49"" 10 18 10 24 20 1054 1 12 m 4 5m 5m 5m 354 4 3 14 4 5 3 3 3 1 1 18 3 61m Apr. 3 55m Apr. 47 Apr. 28 4 Apr. 4 Apr. Apr. 12 3 Apr. 3 Apr. 1 Apr. 4 Apr. 20 10954 Apr. 5 9354 108m Apr. 80 11 7054 Apr. 9954 9354 Apr. Apr. Apr. Apr. 12 10954 Apr. Sale i08~ " 109 10954 106 m 10754 103 m 106 m 10854 106 10854 105 m 108 104 10754 104 m 4 Jan. Jan. 23 3 12 Jan. 3 if* im Jan. Jan. 6 Mar. 75 4 9 14 111 Feb. 20 2854 Jan. 14 27 Feb. 28 11 29 29 Mar. 14 Mar. 11 12 28* Jan. 5 11 Jan. 8 Jan. Jan. 3 3 3 3 Jan. 3 16 m Jan. Jan. 19 3 ii if* il* 14 29 4 Jan. 5 4 20 11 15 20 Jan. 4 }?* Jan. 4 Jan. 5 11 Jan. 4 554 Jan. 4 8 11 6 10 Apr. 20 11 8 17 5 454 Jan. 8354 Mar. 10 Jan. Jan. 16 65 11 4 18m Jan. 16 M Jan. 8 10 Jan. 4 8 854 Jan. 954 Jan. 5 5 8 8 Jan. 9 9 14 8 Jan. 63 m Feb. 60 m Mar. 5054 Mar. 3 Apr. 11 43 Jan. 104 107 Jan. 26 16 17 22 17 Mar. 15 10954 Feb. 17 108 M Mar. 27 Mar. 16 107 Jan. 10554 Jan. 10054 Jan. 87 m Jan. 88 Jan. 57 13 60 49 79 Mar. 13 Mar. 15 Feb. 9 15 Feb. 97 Jan. 64 Apr. 13 Mar. 10854 Mar. 11054 Jan. 10054 Jan. 11054 Jan. 11154 Jan. Feb. 103 10 26 24 10 3 10854 Jan. 109 m Mar. 14 Mar. 63 Mar. 8 77 85 Jan. 4 Jan. 70 6354 Apr. 48 90 98 6 2454 Jan. Apr. 5654 Jan. 6354 Feb. 4 53 54 Apr. 57 Apr. 6454 Apr. 9954 Apr. Apr". Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. 21 8654 Mar. 10 Apr. 11 Apr. 1054 Apr. 5 Apr. 4m Apr5 Apr. 4 Apr. 2m Apr. 70 Apr. 77 48 Feb. 45 63 13 1 101 10554 Apr. 106 Apr. 105»»» Apr. 57 64 50 "62" 98 2 954 1054 90 69 69 6354 9954 Sale 1954 1854 18 m 1954 1954 654 3 28 Feb. 954 Apr. 25 9m Feb. 17 11M Jan. 12 354 Apr. 19 354 Apr. 19 6354 Apr. 29 3 3 100 90 1* Apr. 11154 If* 88 3 3 54 Apr. 3 54 Apr. 70 9454 Mar. 19 9954 Mar. 10 Apr. 3 3 2254 Jan. 12 12M Apr. 10 6 13 Apr. 81M Jan. 26 1554 Apr. 11 3 1454 108 m Sale 107 m Sale 65 37 76 Sale a 13 11 3 61m Apr. Apr. 11 8 Apr. 11154 10254 j 20 49 44 109 96 109 m 29 20 3 3 65 49 Sale 14 10 13 17 11 5 i454 Jan. 20 100 k Mar. 11 12 10354 Mar. 6 18 100 Mar. 8 97 62 m 70 70 110m him 100 m 101m 96 19 . 108 m 10854 Sale 60 19 954 Apr. 14 1054 Apr. 29 4 10 Apr. 10 Apr. 12 1054 Apr. 11 11 Apr. 20 12 M Apr 15 8 5m Apr. 5m Apr. 11 6 5m Apr. 354 Apr. 10 d miy 77 1 6 10m Apr. 13 Apr. 25 Apr. 18 10654 10654 10654 104m 10554 104 Sale 109 107 Apr. 20 109m 10754 Sale Sale 107 107 m 108 106m Apr. 22 10854 Sale 103 10254 103 m 101m Apr. 11 10354 Sale 90 89 88 8754 Apr. 17 90 Sale 92 9054 91m 9054 Apr. 10 92 Sale 64 8 71 Apr. 74m 72m 12 1 Apr. Apr. Apr. Apr. Apr. Apr. 3 Ill a Jan. Jan. 108 Apr. 96 3 6354 IV* Feb. Feb. Mar. 28 Mar, 8 9954 Apr. 1 Jan. 24 90 111M Mar. 13 10654 Feb. 24 10654 Feb. 108 105 Mar. 10 Mar. 11 28 108 Feb. 28 9 10754 Mar. 17 p A j j a o a q a a o q jr D p a a q 85 88 M 78 m 74 j 87 79 m Sale 7054 103 6054 Sale 43 54 Sale Sale xf n o 94 j Sale Sale a o 93 109 p a 109 mn a q 109 m 110 Sale 104 Sale 103 106 m Sale m s 108 a o d 108 10954 Sale j j j j a o j Sale Sale Sale 87 Sale Sale 73 j4 106 j --- 9854 10954 10854 a 109 109 m 105 m 105 m a o a o a o 10654 Sale 105 m Sale 105 m Sale j j 22 2454 103m Sale 1354 16 D J 13* .??* 13 54 50 20 mn mn MN MN 58 107 m 108 107 54 Sale 108 Sale 108 54 Sale 10454 Sale mn page 30. II 87 87 m Sale 71m 104 54 103m Apr. 48 Apr. Sale 34M Apr. Sale 98 Apr. 10154 99m Apr. Sale 9754 Apr. 11254 11254 Apr. 109 m 10854 Apr. Sale 103 Apr. Sale 10154 Apr. 103m# Apr. 106 106 M 10654 107 10954 10854 10954 107 10954 109 m 109 m Sale 108 Sale 10754 Sale 89m 11054 10854 109 m Sale 98 9854 105 Sale Sale 108 10654 10554 Sale Sale 106 Sale 107 104 Sale 2454 954 954 954 1754 104 "15"" Sale 10954 Sale 10854 108 10954 Sale 10854 kj cut? 78 10554 10554 ago Apr. Apr. Apr. Apr. 17 51 8 40 11 10154 12 10154 10 10054 26 11254 Apr. Apr. Apr. Apr Apr. Apr. Apr. . Sale 4854 1c3 Jan. 94 3 1 12 107 54 Apr. 10 10854 Apr. 4 11 109m Apr. 3 14 10854 Apr. 3 5 Apr. 13 4 Apr. Apr. 19 Apr. 24 Apr. 13 Apr. 13 25 Apr. 15 Apr. Apr. 4 Apr. 3 109m Sale 10654 107 —109 10754 108 h IU078 10854 10954 10754 J.VJJ774 10554 106 m 104m Apr. 26 11054 Apr. u 107 m Apr. 17 10954 Apr. 15 10854 8 10654 Apr. Apr. Mar. 13 9254 48 28 Sale 109 m ho If* 109m 10954 10754 10654 10254 29 8 10254 Apr. 5 103 m Apr. 18 Apr. 10 2054 100m Apr. 10 104 9m Apr. 13 954 9 1054 Apr. 22 954 1154 10m 45 Apr. 1 48 50 68 34M 92m 1 20 6 Apr. 13 109 Apr. 27 110 Apr. 10 106m 1 10754 Apr. 1 10654 Apr. 1 107 Apr. Mar. 11 Jan. 26 28 10454 Apr. 14 10754 Apr. 27 89m Apr. 24 8954 Apr. 24 10854 10854 10554 10654 10554 10554 8954 Mar. 11 26 75 27 18 6 109 Apr. 10 104m Apr. 10 1354 13 45 10554 104m 10754 10554 1 104 7954 Apr. 28 85 Apr. 11 Apr. 10 7954 Mar. 7 10654 Jan. Jan. 5 104 Feb. Jan. Apr. 17 6554 Mar. 8 Mar. Apr. 47 3 10254 Mar* Jan. 3 10254 Mar. Jan. 3 10254 Mar. Jan. Feb. 24 11254 Apr. Jan. 25 11154 Mar. 1 11054 Jan. Feb. 11054 10854 10954 106 m 106 10754 Sale 10654 Sale 106 81 Apr. 26 87m Apr. 26 3 8054 Apr. 4 7354 Apr. 7954 Apr. 85 Apr. 75 Apr. 68 Apr. 105 107 m j p 79 86 m 7854 7054 103 54 10354 Sale 5754 40" Sale 3554 10054 Sale 10154 10054 Sale 100m Sale 100 100 m 112 11354 111 109 m 109 m 109 10854 Sale 104 m 10354 Sale 10254 Sale 10254 103 m Sale j j 108 81 Sale 10654 mn a Sale i02>4 j&j 1955 j j a&o 1955 A o 1956 J j 1960 j j 1st lien & unif mtge 3Ms 1st lien & unif mtge 3 ms 1st mtge 3Ms 3 3 13 254 754 Sale 654 854 9 654 354 Sale 1254 9 4 13 Sale 12 15 3 98 8 <18 Mar. Mar. Mar. Jan. Jan. 14 117m Mar. 15 Feb. 24 104m Feb. 21 111 Sale 9 354 7 Consumers Power co— 13,000 32,000 11,000 121,000 235,000 10m Sale 1154 14 m 48 1015 m 3 o f 102 54 j Sale Prices Jan. 4 12454 Apr. 11100 Jan. 3 9954 Mar. 16 105 114 10 m ,97m 11154 21 11854 9554 9554 10454 107 m Sal* Sale" 23 _____ Sale 11154 105 m a —1956 1958 j Wks of Upper Wuerttemberg 1st 7s -1956 j 2,000 496,000 Consolidated ofl conv deb 3ms-1951 j 1954 j 13,000 fAConsoUdated Ry deb 4s 143,000 200,000 Sale 63 M 60 Sale 56 M Sale 45 49 m d 2 Ms debentures 1942 j d 457,000 13,000 HCommercial Invest Tr deb 3 Msl951 j j Commonwealth Edison Co-— 139 000 10 Sale 47 8m Sale 75i Sale 854 Sale Ref & impt a5s income mtge --1970 16,000 106,000 Colorado & Southern 454s ser a-1980 397,000 Columbia Gas & Elec deb 5s——1952 Debenture 5s Apr 15 1952 71,000 Debenture 5s Jan 15 1961 446,000 6,000 Columbia & Hock Val 1st ext g 4s *48 Columbus & Toledo 1st ext 4s—1955 1965 42",000 Columbus Ry Pow & Lt 4s 181,000 Commercial Credit debt 354s—1951 223,000 14 St Louis Div 1st General 4Ms series a—j—---1977 Gen & ref mtge 4Mb series b-1981 6,000 Clev Short Line 1st gu 4Ms----1961 72,000 Clev Union Term 1st gu 554s a.1972 1st s f g 5s series b guar--—1973 149,000 1st s f 4Ms series c 1977 204,000 Coal Riv Ry 1st gu 4s -----1945 28",000 Colo Fuel a Iron Co gen s f 5s—1943 89 9554 9654 1454 1354 80 Sale Sale 10 m Sale 5m Sale Cin w & m Div 1st g 1942 1942 -1948 -1950 97 Apr. 26 117 Apr. Sale 90 Sale 11 % 10 m d _ Series b gu 3 Ms Series a gu 4Mb-Series c gu 3 ms Series d gu 3ms-_— 10 102 3 9854 Apr. 28 Apr. 24 108 10954 8 4_Ms series e——1977 j j 60 4s,--—1991 j j 55 coll trust g 4s -1990 m jy 62 Spring & Col Div 1st g 4s 1940 m 5 ww Val Div 1st g 4s--1940 j j 88"" 105", 000 Cleve Elec Ilium 1st m 3 Ms-—1965 j j 107 m Clev & Pitts gen gu 4 Ms ser b—1942 a q , 1 Highest Sale Prices Sale Prices 123 54 Apr. 109 m 109 11454 114 MN Hist mtge g 5s series c guar—1957 afn 1st mtge guar 3Ms series d—-1971 mn Clearfield & Mahon 1st gtd g 5s-1943 j j 1993 j d 30", 000 c c c & St l gen g 4s General 5s series b - - 1993 j 1,000 13,000 23,000 22m 111 j j Sale Prices 11754 114 108 109 m Sale Sale Sale Sale Sale Sale !0m 5 h Sale 5M Sale 69 m 26 m 24 m 16,000 58,000 107",000 Sale 109 95 M 100 98 22% Sale j a Sale Ask Lowest Highest 120 122m Sale Apr. 9854 Sale 9554 Apr. 9854 9954 96M Apr. 109 104 j d Memphis Div 1st 4s _ — ——1951 j j) 22,000 Chic th4 s'east 1st & ref 5s..1960 Income guar 5s -Dec 1 19b0 37,000 Chicago Union Station— Guaranteed 4s—— 1944 32,000 1st mtge 4s series d . 1963 58,000 1st mtge 354s series E. 1963 194,000 3Ms guaranteed----------—1951 88,000 164,000 Chicago & Western Indiana 4s—1952 1st & ref mtge 4mb ser d 1962 162,000 1943 39,000 Childs Co deb 5s t AChoc Okl & Gulf consol 5s—1952 61",000 Cine Gas & Elec 1st mtge J54s-1966 1st mtge 3Ms-- - RANGE SINCE JAN. Lowest 109 m j d 97 h Sale 111m j j j j j j mn j j 4s ser a-1989 g 3 Ms series b—-May 1 1989 4ks series c-—-May 1 1989 Sale April 29 Ask Bid 121 a gen g AGen g 4Mb series -May 11989 AGen 4%s series p—May 1 1989 16,000 788,000 i AChic Mil St p & Pac mtg 5s ser a 75 AConv adj 5s —jan 1 2000 785,000 55,000 UOhic & No West gen 3 Ms 1987 AGeneral 4s ------—198/ 27,000 8,000 AStpd non payt Fed inc tax-1987 12,000 AStpd gen 4 54s non-pay inc taxl987 AGen 5s stpd non pay inc tax-1987 58,000 AGeneral 4 ms stamped -1987 2,000 *a1 5-year secured 654s—-----1936 22,000 Alst & ref g 5s 67,000 —2037 Alst & ref 4 ms stamped-May 2037 196,000 Alst & ref 4 Ms ser c May 2037 52,000 AConv 4%s series a_ 545,000 —1949 * i AChicago Rys 1st 5s stamped Feb 1 1938 25% part paid—1927 66,000 275,000 j AChic r i & Pacific gen g 4s—1988 ACertificates of deposit — 39,000 * ARefunding gold 4s—■——-1934 163,000 ACertificates of deposit- — ---112,000 *ASec gold 4mb series a79,000 1952 ACertificates of deposit —— 46,000 AConvertible gold 4ms 1960 98,000 4,000 Chic sl&no gold 5s Gold 3 ms ji"16 15 }.®51 " Bid 118M 105 j j 1941 M s 1949 a o 1949 j J 1949 j J 1958 1977 1971 1934 Ask 118 a o *t AChic & e 111 1st cons g 6s—. 1951 M n j AChic & e iu Ry g 5s ACertificates of deposit- 1982 mn Chic & Erie 1st gold 5s --t AChic Gt Western 1st 50-yr 4s. 1959 m S 7,600 11",000 April 1 1939 £0* Chesapeake & Ohio by— 1992 Af s General gold 4mis Ref & impt mtge 354s ser d-. 1996 afn Ref & impt mtge 354s ser e_. 1996 P A 1940 j Craig Valley 1st mtge g 5s Potts Creek br 1st 4s 20",000 PRICES IN APRIL Jan. 3 n. y. stock exchange % 62,000 144,000 138,000 23 exchange—bonds Price bonds April Value n. y. stock 1 19 Apr. 21 Apr. Apr. Apr. Apr. 26 10154 Apr. 103Apr. 13 7 14 14 10 9 7 8 26 18 25 25 105 Mar. 24 8 10354 Jan. 12 5 107 Jan. 7 10554 104m 10754 10554 Apr. Apr. Jan. Apr. 12 10 27 14 10454 89m 11054 10854 10854 Apr. Mar. Jan. Feb. Apr. 16 8954 Mar. 23 11254 Feb. 11 109 Mar. 27 11054 Mar. 10854 11054 10954 11154 Feb. 15 Mar. 10 Mar. 7 Feb. 25 14 10754 Anr. 27 16 18 27 11 105 Jan. 31 10654 Apr. 19 10654 Feb. 25 10754 Apr. 24 105 Jan. 105m Jan. 26 108 Feb. 28 27 10754 Mar. 4 18 Apr. 10 2254 Mar. 100m Apr. 10 10454 Jan. 9m Apr. 13 1054 Mar. 9 Apr. 22 1354 Jan. , 954 Mar. 30 44m Feb. 21 10754 Jan. 106m Apr. 12 * 52 11054 10854 iu/ Yx Apr. i< 10954 10754 Apr. 15 11054 10354 Jan. 27 10654 Jan. Jan. 7 5 8 9 19 10 Apr. 21 Mar. 8 Mar. 10 Mar. 4 Apr. 26 24 STOCK N. Y. Sales in II BONDS April Value "8 n. y. stock exchange £ 1 17,000 Dayton Pr & Lt 1st & ref 3 k8--1960 349,000 Del & Hud 1st & ref 4s 1943 12,000 Delaware Pr & Lt 1st M 4k8—1971 20.000 1st & ref 4 Ms —__1969 1stmtgegold4ks 1969 27*,000 Denver Gas & El 1st & ref 5s_-_195l 17,000 Stamped as to Pa tax . 198,000 1* iDen & Rio Gr 1st cons g 4s_ 1936 _- _ A O MN J J J J J J MN MN J J 4,000 *AConsol gold 4ks 1936,7 J 32,000 J iDenv & R Gr West gen 5s Aug 1955 F A 57.000 ^Assented (subject to plan) 67,000 ARef & imp mtge 6s ser B 1978 A O J iDes Moines & Ft D 1st gu g 4s 1935 16,000 Certificates of deposit J J t ADes Plaines Val 1st guar 4k8-1947 M S PRICES IN APRIL Price SINCE JAN. RANGE April 1 1939 Ask 104 Sale 100 Sale 10834 Sale 105 106 10434 104 % 33 k Sale 38 k Sale Bid 104k 99 106 k 103 k 105 k 33 k 35 44 46 42 31k 36 33 k 109 Sale 63 Sale k k Ask Bid 102k 100 96k Sale 106k 104 k 103 105 k 105k Sale 31k 39 k 3354 40 44 k 33 Sale 108 k Sale 58 k Sale 107 H 101 10434 Sale 107 108 k 10634 10634 15k 14k 107 107 106J4 106J4 Sale Sale 6 Sale 5M Sale Q7Z Sale 105 k 106 10954 10 k 9k 4 3k 6k 3k Sale Sale Sale Sale Sale 4k Lowest April 29 108k 54 k 1085s 105k 10754 106k 106k Ask Sale Prices 100 Sale Apr. 96 k Apr. 106 k 10554 Apr. Sale 103 Apr. 105k 105k Apr. 32 k 29 k Apr. 36 k 34 k Apr. 40 Apr. 32k Apr. tr< 109k 107k Sale 52k 10854 106"" 105k 108k 106k Apr. 108k 107 Apr. 9k 7k Apr. 12 10 9k Apr. 4k 3k 3k Apr. 3 3 354 Apr. 5 5k 5k Apr. 4k 10 28 8 22 6 10 11 17 10 3 k Apr. Lowest Sale Prices 105 Apr. 8 99 k Apr. 3 107k Apr. 1 104 105k 33 k 3554 43 k 33k Apr. Apr. Apr. Apr. Apr. Apr. Highest Sale Prices Sale Prices 100 10 28 8 Apr. 22 Apr. 105k Mar. 14 100 Jan. 3 109k Jan. 7 103 105k Jan. 10 104 k Jan. 6 106k Feb. 18 29 k Apr. 10 37 Mar. 11 34 k Apr. 11 40 k Mar. 4 Jan. 26 39 45k Mar. 10 Mar. 9 32k Apr. 10 38 96 k Apr. 105 k Apr. 109 107k Apr. 52k Apr. 110k Mar. 70 k Mar. 109 Apr. Apr. Apr. Apr. 9 3k Highest 108 109 Apr. 60k Apr. Apr. 106 Apr. 11 107 104k Jan. 106k Jan. 105 k Feb. 105k Feb. 7 k Apr. 9M Apr. 3k Apr. 3 Apr. 5 Apr. Apr. 8 107k Apr. 10 10 10k Apr. 9k Apr. 4 Apr. 3k Apr. 6k Apr. 8 3 k Apr. 5 1 8 4 3 111k Apr. 112k Apr. 20 112 Apr. 10 40 3 Apr. 25 Apr. 12 6 101k Apr. 107 Apr. 110k Apr. 111k Jan. 110k Jan. 9754 99 k 106 10634 111k Sale 110k Apr. 11 3 112k H2k 111k Apr. Ill 111k Apr. 21 3 40 50 40 54 40 Apr. 25 20 35 25k 35 Apr. 12 100 k 101k 100k 101k 101 Apr. 11 8 10654 107 k 10654 107 k 107 Apr. 100,000 Ry 3 Ms 1962 A O 20,000 1* aDui So Shore & Atlantic g 5s_ 1937 J j 107,000 Duquesne Light 1st M 3 Ms 1965 J D 10534 1634 11034 105 k 110 k 105k Apr. 11 16 1 Apr. 111k Apr. 28 11,000 Eastern Ry M No Div 1st g 4s_1948 4,000 Eastern Tenn Va & Ga 1st g 5s 1956 4,000 Ed El 111 N Y 1st cons g 5s 1995 205,000 Electric Auto Lite conv deb 4s__1952 10234 105 90 8434 13434. 13834 10634 Sale 10534 10634 434 33 46,000 Gen & ref 4 ks series D 1961 17.000 Gen & ref mtge 4s series F—1965 33,000 Gen & ref mtge 3ks series G_1966 8,000 ADetroit & Mack 1st lien g 4s_i_ 1995 1,000 ASecond gold 4s_ - - -1995 22,000 Detroit Term & Tun 1st gu 4k8 1961 - 4.000 Dow Chemical deb 3s Duluth Missabe & Iron F A A O M S J D J D MN 1951 J D 112 k 11134 11134 Sale Sale 45 55 20 59 A O MN J J F a Sale Sale Sale Elgin Jol & East 1st g 5s 1941 MN El Paso & S W 1st & ref 5s 1965 A O 50 75 A O 50 9534 J J 102 J J 102 J J 41 J 5s stamped 1965 5,000 Erie & Pittsb gen gu g 3 k8 ser B 1940 Series C 3 Ms --1940 48,66o J AErie RR 1st con & prior lien 4s 1996 128,000 Alst consol gen lien 4s 1996 416,000 9,000 ~3~, 000 21k 43 k Sale AConv g 4s Series A a4s series B A O 21 Sale 1953 A o 15k 23 AGen 1953 A O ARef & impt gold 5s ser 1927-1967 MN ARef & impt 5s series 1930—1975 a o 14" Sale 14 Sale AErie & Jersey 1st s f 6s 1955 J AGenesee Riv RR 1st s f 6s—1957 J 4234 Sale 43 k 41 conv 1953 4s Series D J J J 23 4s1947 MN 85 *A3d mtge 4ks 1938 M S 17~66O Ernesto Breda Co 1st mtge 7s—1954 F A 62,000 Fairbanks Morse deb 4s 1956 J F> 50 104"" 36,000 Federal Lt & Tr 1st 10034 3.000 AN Y & Erie RR ext 1st s 1942 M S 1942 M S f 5s 5s International series 31,000 First lien s f 5s stamped 1942 44,000 1st lien s f 6s stamped 1942 1,000 30-year deb 6s series B 1954 386,000 Firestone Tire & Rubber 3 k8--1948 1,000 t AFla Cent & Peninsular 5s 1943 19,000 JFla East Coast 1st 4ks 1959 522,000 Alst & ref 5s series A 1974 33,000 ^Certificates of deposit 94 "77k - _ 107 k Mar. 29 107 k Apr. 15 3 15k Jan. 14 k Jan. 10034 101k M S 103 J a D Sale 8734 90 o J J 38 55 J D 63 64 k M 5 202,000 151,000 27.000 357,000 6.000 7,000 111k Sale 111k Sale 11154 Sale D Co) 5s 1949 deb 5s ser A 1952 a .7 General Cable 1st s f g 5ks A—1947 AGeneral Elec (German) 7s J 1945 D ADebenture 6ks 1940 aS f deb g 6s __1948 MN General Motors Acceptance Corp— 10-year debenture 3s 1946 15-year debenture 3 34s 1951 General Public Service deb 5 k8 1939 Gen Steel Castings 1st 5^sw w.1949 t AGa & Ala 1st cons 5s Oct. 1945 *t AGeorgia Carolina & Northern— Extended at 6% to July 1 1934 AGood Hope Steel & Iron sec 7s -1945 __ 294,000 Goodrich (B F) Co conv deb 6s.. 400,000 1st mtge 4 Ms 18,000 Gotham Silk Hosiery deb 5s w w. Gouv & Oswegatchie 1st 5s_; ~7~, 000 Grand R & I ex 1st gu g 4 s Grays Point Term 1st gu g 5s__. 1945 J D 1956 J D 1946 M S 16",000 Gt Cons El Pow (Japan) 7s 10,000 1st & gen s f g 634s 1942 J D 1941 J J 1947 J 1944 F 5 55* Mar. 5 5 2 11 113 7 112k 40 Jan. 13 112 23 42 25 Apr. 12 98 k Feb. 25 Feb. 4 Jan. 26 Mar. 24 Jan. 20 Apr. 12 Mar. 9 106k Mar. 18 108k Mar. 4 7 103 J 10554 105k 10554 90 85 89 87 88k 143 k 141k 140 14354 Sale 107 10554 106"" 105k 107 k, 107 k 107 k 107 k 64 k 64 k 50 50 95 k 95 k 50 50 102 103 k 102k 102 102 102k 42 40 4554. 43 k Sale 16 16 19k Sale Sale Sale Ilk 16 k 14 1254 115s 23 23 1254 Sale 10 9 9k 7k 10k Sale 8k Sale 7M 43 39 k 35 39k "41"" 44k 35 39 k 85 90 94 85 8754 52 k 40 66 Sale 6k Sale , k 254 154 102 40 45 122 104 34 106 102k Sale 654 6k 17 k 1754 99 54 Sale 10054 101k 53k 95 47 60 4854 59 53k 47 103 k 104 10554 Sale 104 Feb. 10 26 92k Mar. 11 23 144 Apr. 27 11 109k Mar. 10 105k Apr. Jan. 20 107k Mar. 10 Mar. 14 65 Mar. 14 10 Apr. 26 Apr. Apr. 6 6 Apr. 20 20 1 Apr. 1 15k Apr. 14 Apr. 12 40 48 18 Apr. 5 21k Jan. 18k Feb. 28 44 10k Apr. 10k Apr. 41 Apr. Apr. Apr. Apr. Apr. 8 103 k Mar. Apr. 16 Apr. Il k Apr. Ilk Apr. * Feb. Apr. 20 20 14 3 73 6 Apr. 4 Apr. 101k Apr. 19 101 3 Apr. 102 5 Apr. 103k Apr. 28 5 96k Apr. 104k Apr. 21 35 Apr. 10 63 4 Apr. 7 3 Apr. 3 6k Apr. 12 17 13 5 6 10 19 6 5 Jan. 87 Mar. 67 Apr. 20 104 98 Jan. 10054 Jan. 101 Apr. 87k Jan. 102k Jan. 35 Apr. 58 Apr. 5k Apr. 5k Apr. 3 Jan. 3 24 76 3 106 Jan. 100k Jan. Jan. 14 . 12 105k 105k 123 k Apr. 10354 106 10554 100 99 k 5554 48k 14k 1254 Sale 98 100 58 Sale 15k 17 13 14 k 10k 15k 21k 13 17 k 12 16 42 45 35 48 33 18 123 k Apr. 6 104 54 Apr. Apr. 10 104 1 106k Apr. Apr. 13 99k 60 Apr. 11 13 Apr. 20 Apr. Apr. Apr. Apr. Apr. 18 24 4 . 5 11 Sale 100 k Sale 90 85k 85 50 103 k 104 105 72 k 63 k 74 70 75 9 6 Feb. 10 Mar. 6 101k Mar. 17 101 Apr. 3 Mar. 6 13 103 k Mar. 10 98 k Mar. 4 7 102 2 25 104 M Jan. 21 10 40 20 6 65 Jan. k Mar. 14 Jan. 4 10 9 k Jan. 3 99«s2 53 54 99 k 99 k 83 Sale Sale 89 Feb; 24 28 18 123k Apr. Jan. 102k Jan. 31 105 96 Apr. 25 104k Apr. 24 50 27 5 4 18 8 3 Apr. 29 Apr. 15 Apr. 5 40k 100 1 5 46 k Jan. Jan. 45 Feb. 90 756 Apr. 7 k Apr 39k Apr. 87k Apr. 20 6 Mar. 15 22 k Mar. J an 22 40 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 58 Apr. 5k Apr. 5k Apr. Sale Sale 25 85k Feb. 139 102 10354 Apr. 96 Apr. 25 100k Apr. 53 k 5 51 51 Apr. Apr. 48 60 Apr. 13 50k Apr. 50 51 45k Apr. 13 Apr. 64 Sale 20 28 105k Apr. 20 97 101 9954 Sale 84 86 k Jan. 123 k Apr. 123k 10354 104 65 100 103 123 k 103 k 57 k Sale Feb. 26 112 2 Apr. 15 2k lk Mar. .8 lk 100k Apr. 18 102 ,39 Apr. 20 44k 61 10654 7 8 102k Apr. 26 106k Jan. 18 19 Mar. 14 2 Jan. 65 Apr. Jan. 12k Feb. 2k 2 lk 254 Sale 256 Apr. 29 Apr. 15 2 k lk lk 2k lk Apr. 13 lk Apr. 15 101k 102k 100 k 104 100k Apr. 18 10054 Apr. 18 45 39 4154 45 Apr. 20 44k Apr. 28 59 Sale Sale Apr. 26 5 Apr. Apr. 27 1 Apr. 105 110 1754 5734 106k "57k 1 106 101 101k 100 90 k 100 102k 103 101k 10254 101 Sale 103 103 k 104 k 101 96 96 92 98k 96k Sale 103 k Sale 104 102k 38 35 32k 62 4 10 Apr. 26 105k 6 90 Apr. Apr. 10 144 Apr. 11 107 Sale 80 70 72 67 Apr. 104 k 105 k 10554 105k 104k Apr. 6k 1 105k 105k 105 Apr. 13 k Apr. 13k 15 111k Sale 110k Apr. 18 4 Jan. 31 59 Jan. 5 48 Apr. Jan. 13 28 62k Jan. 59k Jan. 18 45 107k Jan. 107k Feb. 11 103 k Feb. 105k 99k 48k 12k Mar. Apr. Apr. Apr. 101 k t?eb 6 7 4 Apr. 6 98 Apr. 98 Apr. 84k Apr. 14 Apr. 21 100k Apr. 100k Apr. 85k Apr. 9 16 Jan. 5 6 18 Jan. 6 39 k Mar, 24 13 3 71k Mar. 45 Jan. 11 13 98 98 Anr. Apr. Apr. 84k Jan. 14 102k Mar. 14 14 101 Mar. 29 4 90 k Feb. 6 50 D 1950 J — Sale Sale Sale Sale _ Gas & Elec (Bergen Gen Am er Investors 16 9 k. Sale 954 *A(Amended) 1st cons 2-4s—1982 Proof of claim filed by owner.__ MN iCerrificates of deposit-____ 1,000 Fort St U D Co 1st g4^s 1941 J J 22,000 Francisco Sugar coll trust 6s 1956 MN 8,000 6 3 6k Jan. 5k Jan. 10 k Jan. 23 101k M S 6,000 21,000 16,000 Sale "99"" 95 AFonda Johns & Glov ref 4 ks 1952 Proof of claim filed by owner m2v 1,000 26,000 51,000 1,000 8 Mar. 21 Range _ 395",666 23 k 9 8 108 3 5* Apr. 3k 22 8 Mar. 106k Mar. Jan. Edison— Detroit 33,000 24.000 1 Jan. 3 Bid S 17,000 Container Corp of Am 1st s f g 6s 1946 J D 73.000 Deb gold 5s 1943 J D 710,000 Continental Oil conv deb 2 k8--1948 J D 40,000 Crane Co s f deb 3 ks_ 1951 J D 40.000 Crown Cork & Seal s f 4s 1950 MAT 107,000 Cuba Northern Rys 1st 5 k8-—1942 J D 32,000 Cuba RR 1st 50-yr g 5s 1952 J J 13.000 7 Ms series A extended to 1946 J D 5,000 6s series B extended to___ 1946 J D EXCHANGE-BONDS A ----- 105k 104 k 78 77 Apr. 3 105 Apr. 3 103k Jan. 78 74 77 73k Jan. 7 12 74 Apr. Apr. 21 72 Apr. Apr. 8 74 77 105 64k Jan. 4 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Arp. 29 4 4 106k Mar. 80 k Feb. 78 Feb, 1 25 20 Great Northern Ry— 139,000 77,000 3,000 24,000 50,000 735,000 328,000 62,000 1st & refund 434s series a Gen mtge 5 Ms series B Gen mtge 5s series C G 1952 1973 . en 4 34 s series d Gen 434s series E Gen mtge 4s series G Gen mtge 4s series H Gen mtge 3 Ms series I 3,000 AGreen Bay & West deb ctfs a_. 1976 1977 1946 1946 1967 Feb Alncome debenture ctfs B 3,000 Greenbrier Ry 1st gu g 4s Gulf Mob & Nor 1st 534s ser 1st mtge goid 5s series C 54 k Feb 19,000 27",000 101k 97 k 87 k 82 k 82k 98 k 86 k 74 k 1961 7k Footnotes, see page 30. Sale 70 o 67 k J 75 1949 1999 1944 1937 Sale 89 k Sale 81 Sale Sale 94 k Sale 86 Sale 75 70 60 55 7k 79k 70 100 93 k Sale O 107 k Sale 7 J A O 65 MN 36 67 73 k 81 74 k 60 8 79 74 k 90 k 81k 69 k 53 k 5k 103 67 Sale 10154 Apr. 11 104k 89 k 95 88k Apr. 11 84 81 Apr. 14 81k 78 74k Apr. 10 82 77 74k Apr. 20 82 Sale 8 88 97 Apr. Sale 86k 78k Apr. 11 Sale 8 66 72 Apr. 60 53 55 Apr. 17 7 7 554 Apr. 11 103 Apr. 28 103 k 73 k 72 69k Apr. 28 73k 1 12 3 3 3 3 3 11 4 4 Apr. 1 Apr. 28 90 Apr. 94 k Sale 91k 93 k 92k Apr. 27 9456 Apr. 108k 108k 10854 109 k 108k Apr. 15 109 Apr. 28 60 34 40 J J 89 Sale 60 --. 90 3 105k 106 J 104 k 84 Sale O J Sale 103 o 1950 a 1952 J 104 k 93 k 9154 83 k 1940 MN B. 1950 a Gulf & Ship Island—• 1,000 5s stpd_ 1952 J 59,000 Gulf States St'l 1st mtge 434s_. 1961 a 72,000 Gulf States Utilities 4s series C. 1966 a HHackensack Water 1st 4s 2,000 Allarpen Mining 6s 34,000 Hock Val 1st con g 434s 134,000 Hoe (R) & Co 1st mtge 59,000 J*AHousatonic RR con g 5s Sale 116k 118 67 Sale 69 Jan. 4 79 Mar. 1 Mar. 21 Apr. 28 91 92k Apr. 27 96k Mar. 10 Mar. 14 107k Jan. 5 110 90 1052732Jan. 40 119k 121 70 k Sale 30 100k Jan. 24 105 k Mar. 4 88k Apr. 11 101k Mar. 11 Mar. 14 81 94 Apr. 14 74k Apr. 10 89 k Mar. 11 74k Apr. 20 89 k Mar. 10 8 103 k Mar. 11 88 Apr. Mar. 10 94 78k Apr. 11 8 66 Apr. 81k Mar. 10 55 53 Apr. 11 Apr. 17 5 7k Jan. 5k Apr. 11 4 103 Apr. 28 103 k Apr. 81 Mar. 8 77k Feb. 21 Sale 33 39 117k 122 69k 71 26k 30 r/38 Apr. 117k Apr. 67 Apr. 25k Apr. 3 a38 13 119 71 10 30k 11 15 4 13 121 Feb. 17 3 Apr. Apr. 16 105*'32 Jan. 117k Apr. Apr. Apr. 67 Jan. 5 25k Apr. 11 77 Mar. 20 38k Jan. 3 1 May, 1939] Sales iii II April BONDS Value N. Y. STOCK EXCHANGE ss) ,61,0001 Houston Oil , „ irr'rrr na 'rrr 111 Cent & Chic St l & n o— joint lst & ref 5s ser a 4 Int 12,000 J d mn F a 34 m Sale 101m 102 44 m Sale 13 87 Sale 124 % 125m Sale 46 12m Sale 111% 112 93 86 Sale Sale 53" 58 Sale 50 m mn mn f A 59 68 % 54 51% Sale 65 % Sale Prices Sale Prices 83 m Apr. 3 Apr. 3 Apr. 4 Apr. 25 Apr. 25 Apr. 19 "48"" 75 Sale 50 43 Vs 47 m 51 73 64 ~ 54% 76 85 59 m 53 m 104 m ----- 6 84% Apr. 6 Apr. 17 Apr. 28 53 Apr. 52m Apr. 1 3 47 52 m Sale 46 m 47 44m Apr. 11 52 Apr. 26 Apr. 8 63 10 M s j J F a 99m 8 15 ----- 52m Apr. 55m Apr. 48m Apr. 3 3 3 q1 107% 108% Sale 63 59 32 89 83 m s A O Mar 61 Mar. 21 Sale 10m Sale 3% Sale 2% 10m 10m 81% Sale .118 75 Sale Sale Sale 25 17 Sale 53 m 98 Sale Sale 85 87 m 80 m 91m 54% 92 m Sale Sale 99 m Sale 94 m 82 Sale a Apr. 3 64 Apr. 3 45 Sale 40 % 33 Sale 34 Sale 95 95 Feb. 55 70 66 8 6% 38 20 Sale 83 58 35 56 m 53 m 80 9m 2m 7m 7v% 81m 50 m 94 m 85 m 78 m 92 m J 67 Sale 61m Sale 1955 F a 69% Sale 65 Sale 57 m 60m 4m Sale 96 2m 54m 2H Sale 40 94 Sale 35% Sale 28 35 Sale 69 % 71 Sale 23m 67 m 108 % 104 % Sale 1990 A 1936 a - J J J d mn 43 Apr. 40% Apr. 1032132 Apr. 34 Apr. 8 Apr. 57 h Apr. Apr. Apr. 56 Apr. 27 Apr. 53 % Apr. 51 Apr. 80 101M 99 % Apr 9 2m 9m 9m 78m 48m 93 82 % 76m 92m 53 56- 43 3 Apr. Apr. 3 47M Apr. 40% Apr. 3 1032'32 Apr. Apr. 32 Jan. 35 M Apr. 15 Sale 36 36m Apr. . Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 37 m s j J J 87 m j 65 85m 24 25 m 23 m 67 % 24 Sale 29 5 8 Apr. 5 14 Apr. 3 91 12 108M Apr. 21 64 Apr. 21 59 Apr. 28 106 10 21 10 6 95 10 11 35M Apr. 25 61 Apr. 11 58 Apr. 10 1 83 Apr. 20 101M Apr. 8 3 6 6 10 11 11M 2M 9M 9M 84 55 12 98% 18 88 15 10 80M 94 M 63M 10 67 11 8 1 Apr. Apr. 21 6 Apr. 6 Apr. Apr. 24 Apr. 26 5 Apr. 3 Apr. 4 Apr. Apr. 12 3 Apr. Apr. 3| Apr. 17 Apr. 12 90m Apr. 11 84 Apr. 19 .24m Apr. 13 24m Apr. 25 4' 2M Apr. 54M Apr. 94 Apr. 28 2 46 65 84M Apr. Apr. 26 Apr. 8f 69 101 65 il s1 ' 11 5 3 Apr. Apr. 8 109M Apr. 8 104M Apr. 3; 25 17 — 25 _____ 25 37 37 95 105% 97 m 105 "92m Sale 94 m 103 92 m Sale . 93M Apr. Mar. Mar. Jan. 9 27 11 Feb. 27 Jan. Apr. 5 11 97M Apr. . 1 95 Jan. Mar, 14 104m Mar. Apr. 14 97 % Mar. Apr. 12 109 % Feb. 56 21 70 Feb. 21 68 Mar. 10 43 Feb. 21 68 66 Mar. Apr. Apr. Apr. 53 % Apr. 51 Apr. 80 Apr. 10 6 9 9 5 70% Mar. 30 10% Jan. 21 56 27 Mar. 89 M Jan. 9 6 3 18 3 18 3 3 5 99H Apr. 20 102 %i Ja n • 5 20h Jan. 4 4 Jan. 4 20 Jan. 4 9 2M 9% 9% 72% 48% 93 82 % 76M 88 % 53 56 Apr. Apr. Apr. Apr. Jan. Apr. Apr. Apr. Apr. Jan. Apr. Apr. 20 79 Jan. 94% 83 y2 95% 71% 75% M?r. 4 Mar. 9 87 60% Jan. 11 Mar. 10 100 2 Apr. 17 46 Apr. 12 90M Apr. 11 5 Jan. Feb. 3 15 9 Mar. 10 Mar. 13 Feb. 16 58% Mar. 10 96H Jan. 11 85% Mar. 36% Jan. Jan. 24M Apr. 24M Apr. 65 Apr. 56 Apr. 107M Apr. 103 M Mar. 30% Feb. 17M Jan. 20 106 35 Jan. 6 4 3 72% Mar. 19 4 71% Jan. 7 109% Jan. Jan. 18 13 17% Jan. 19 20 Feb. 3 27 Mar. 100 Mar. 107 Feb. 27 Mar. 93 M Apr. 107 Feb. Feb. 36 6 8 107 >'2 Jan. 18 73 % Jan. 6 92 m j 82 70 88 m j 60 90 71% 90 55 79 m 90 j 50 92 70 95 55 95 163 165 F 98 103 96 80 h 98 m Sale 98% 100 % Sale 102 103 164m — _ —— Apr. Apr. 104 102 Sale 100 M 102 a 100 % Sale 13% 80 m Sale Sale 7 Vs 83 45 Sale 53 46 45 43 46 43 m 45 75 71 % 62% 88 64 m 87 88 m 87 m 25 H 54 Sale 55% 23 m 57 m 54% Sale 33m 55 59 90 F O a f a A 43% 42 m 41 Sale 105 44 Sale Sale 54 8m 9% 103 100 7 88M Apr. 11 103% Apr. 28 106M Apr. 10 Apr. 9 102M Apr. Apr. Apr. 17 104 Apr. Apr. 11 102M Apr. Apr. 1 84 Sale 81 % Apr. 10 Sale 54 M 46 11 14 166 % Mar. 13 30 Jan. 103 Jan. Mar 10 103 % Apr. 3 106 % Feb. Jan. 29 96 4 100 Apr. 25 Apr. 21 3 Apr. 6 Apr. 6 Apr. Apr. 12 Jan. 7 52 % 48 41 45 41 45 74 70 Apr. 11 70 Apr. 11 84 Apr. 25 89M Apr. "5 Apr. Apr. Apr. Apr. Apr. 1 Apr. 1 79% Jan. 23 45 Jan. 88% Apr. 11 28 23 20 102 % Mar. 27 Mar. 11 105 103% Mar. 15 99 8% 85M 53M 51 % 45% 43 M Sale 6 Feb. Jan. 98 6 Apr. 46M Apr. 42 Apr. 43 Apr, 11 163 79 Apr. 102% Jan. 6 51 M 48 12 Jan. 95 166 85 Sale 104 5 72 80 88 % 83 M 103 103% 105 % 108 105M 106M 105% 95 95 102m 102M 102 H Sale 99 Sale 99 . 103 M s 1947 a 1st mtge 29,000 ncome reg.Dec 31 1975 59,000 Lehigh Coal & Nav4Msser a 1954 12.000 Cons sink iund 4 ms ser c 1951 6.000 Lehigh & New Eng rr 4s a .1965 5,000 Exdiigh & n y lst gug4s --.1945 ALehigh Valley Coal 5s 1944 Certificates of deposit lst & refunding 5s j d j j j 53 m A O 84 % MS 31% F a 92 74% 88 90 3 45?^ Jan. 12 42 Apr. 11 43 I Jan. 10 13% Jan. 91 % Mar. 58 % Mar. 58% Mir. 51 Mar. 50 % Mar. Sale 20 Sale 52 1954 fa 1964 fa Certificates of deposit First & ref sinking fund 5s____1974 f . 21M Apr. 52 91 87% 87 31 92 30 32 32 32 — 22 % 20 18 21 18M 18 % lf« 19m 18 M 34 m 33 m 50 m 35 44% 45h "47m j'j 74% 1954 16,000 Leh Vail Harbor Term 1st 5s 12,000 LehV (n y) lst gu g 4%s_ —-_-1940 4 ms a sented. -.1940 1,000 2003 58,000 a Leh Val (Pa) gen con g 4s a 4s assented 2003 86,000 a Gen cons 4 ms 11,000 2003 a 4 Ms assented. 2003 14,000 F A 40 Sale J 49 58 j J 46% mn 19 mn 19 % 19% 19% mn mn 2003 mn onsol 5s a 5> assented 22,000 2,000 Leh Vail Ter Ry lst gu g 5s 5s assented 1,000 6,000 Lex & East lst gu 5s_ , 59,000 Liggett & Myers Tobacco 7s__. 5s 44,000 1.0O0 Lion Oil Ref conv deb 4 ms 35,000 Liquid Carbonic 4s conv debs_. 3,000 Little Miami gen 4s series a__. 185,000 Loew's Inc s f deb 3 Ms 19 18 % j 50 Sale 22 n 20 20 Apr. 12 Apr. 24 18 Apr. 21% 17 20 18h Sale Sale 14m 16 Sale 15 19m 18m Sale Sale 14% Sale 14% 15% 15 14 M 15 18M 19 Sale 16 57 Sale 53 Sale "18 % 18 21 17 35 21 22 % 19 1941 a o 50 w* 66 1941 a o 1965 A O Il2 Sale il3~ ~ -1944 a o 129 % Sale -1951 f -1952 A A 127 % 127 M 128M 127 M 128 127 Apr. 128 127 M 127 % 127M Apr. .130 9s 97 A or. -1947 j d -1962 mn 109"" Sale a 98% 53 Sale Sale 60% "64"' -1946 f -1952 j D 74,000 Lombard Elec 7s series a .1953 f A 172,000 Lone Star Gas 3 Ms debs 1,000 a Long Dock Co 3 ms ext to__. -1950 a o For footnotes, see page 30. 68 108% 120 Sale" 107 100 % 52 M 105 % 61 45 70 Sale "56"" 113 M 120 108 M 110 19 21 18 8 48 % 8 47% 45M 16% 16M 16M 16% 18M 3 10 11 10 12 8 14 19 1 57 3 57 24 116 10 Apr. 12 Apr. 24 Apr. 25 3 Apr. Apr. 29 3 Apr. Apr. 12 Apr. 17 5 Apr. 3 Apr. 3 Apr. 3 Apr. 5 Apr. 6 Apr. 5 Apr. 1 Apr. 1 Apr. 1 Apr. 3 Apr. Apr. 24 10 128% Apr. 6 128 Apr. 21 9/ Apr. 107 8 109 Apr. 107 Apr. 17 107 100M 100 M 99M Apr. 11 101M 51 % 50 53 M Apr. 18 l07" 107% 104 Apr. 10 106M 75 61 65 Apr. 20 65 106 Sale Sale Sale 26 75 Mar. 15 Mar. 13 67 Mar. 13 Apr. 25 90 Jan. 21% Apr. 20 515-s Apr. 21 52 Apr. 12 4 84% Jan. 9 31 % Jan. 5 27 % Mar. 13 Mar. 10 64 64% Mar. 11 91 Mar. 31 39 Mar. Mar. 24 39 Mar. 24 37 Apr. 12 37 Apr. 12 20 Jan. 13 23 Feb. 16 Apr. 25 16% Jan. 13 17% Apr. 19 16% Jan. 17 18 Apr. 12 18 4 18 Apr. 25 23 19 Jan. 21 4 Apr. 29 Apr. 3 30 Apr. 40 Apr. 45 Apr. 45M Apr. 13 % Apr. 13 Apr. 13M Apr. 14 Apr. 16 Apr. 16 Apr. 57 Apr. 57 Apr. 116 Apr. 2003 mn 75 20 25 Apr. 24 17M Apr. 19 17M Apr. 14 18 Apr. 12 35 60 "15% 37 4 "43 ~" 42% "45 % 47 M 43 60 "le" Sale 32 Sale o 1 4 Jan. 84 39 19 24 % 23M 57M Apr. 12, 55% 90 Apr. 28 Apr. 10 32 92 Sale a 20 51 % Apr. 21 59 34 22% _. Sec 6% no es extend to 1943 Certificates of deposit __. 25 Sale 51M 85 % Certificates of deposit deposit 85 67 67 67% 37 1st a refunding 5s 13 Mar. 4 Jan. rr— 5s 1937 extended at 3% to Gen 93 J 2d gold 5s_ 1941 Lake Shore & Mich Sou g3%s__1997 j Lautaro Nitrate Co Ltd-— a 50 Apr. 62 Sale 61 Vs 58 56 Apr. 108m 109 107% Sale 107m Apr. 104 104m 104 Vs Sale 104% Apr. 36 m 36m 22 23 28 69 m 92 Sale 1961 J 3 ms collateral trust notes 46,000 1947 t Ivreuger & Toll class a— a 5s Uniform ctfs of deposit-.1959 109,000 110,000 *Laclede Gas Lt ref ext 5s 1939 Coll & ref 5 Ms series c 119,000 1953 Col & ref g 5 ms ser i) 9,000 i960 Coll tr 6s series a 15,000 1942 Collateral trust 6s series b 17,000 1942 11,000 Sale 85m Sale 2 1961 J Certificates of 83% Feb. 11 60% 29 56 % 18 105 25 41M 53 18 104 104 Sale Sale Sale 15 17 Sale 54 m Sale Sale 82 Sale Sale Sale 11 29 25 _ "3",000 84% 90 17 Kings County Elec Lt & Pow— Purchase money 6s 1997 ao 22,000 Kings Co Elevated lst g 4s_ 1949 f A 17,000 Kings Co Lighting 1st ref 5s J 1954 j 7.000 1st & ref 6 ms J 1954 J Kinney (g r) 5 ms extended to.1941 j D 247", 000 Koppers Co 4s series a_ 1951 MN 65,000 Kresge Foundation coll trust 4s_1945 j J 8,000 65 63 101m 102% 100 78 13,000 6,000 Jan. 8 58m Sale o 1,000 63 9 4 15 57 O 3,000 63 Feb. 57 m 90 102% 20 Ctfs of dep (Bankers Trust).102,000 Kan City South lst g 3s 1950 AO Ref & Imp 5s___ J 109,000 April 1950 J 10,000 Jan. 60% feb. Sale 3.000 Kanawha & Mich lst gu g 4s 47.000 t* aK c Ft s & m ref g 4s "2",000 4 Jan. 56 M Mar. 60 54 37m ~39% 59 m 60% Sale 3m 4.000 9 71 Apr. Apr. 83 % Feb. 63 64 104 m 104m 103 Sale 92 m 91 108 108m 108"" 109 106 59 59 % 57% Sale 56 52 m 95 m 34", 000 60% Mar. 52 39 85 103 94 1951 m s Western Mar. 8 Jan. 5 Jan. 13 70 95 j _ Lake Erie & 52 75m 1952 j Plain 63 62 59 m 74 11 o 1947 f 4 ms unguaranteed 46% Apr. Apr. 47M Jan. 44% Apr. 70 40 a 1972 mn 99.000 Kan City Term 1st 4s 1960 49,000 Kansas Gas & el 1st mtge 4 %s-.1980 a Karstadt (r) Inc lst Mtge 6s_1943 a Ctfs w w stpd (par $645) 1943 a Ctfs w w stpd (par $925) 1943 a With warrants (par $925) 1943 58,000 Keith Corp (b f) lst ser g 6s 1946 Kentucky Centra] lst gu 4s 1987 Kentucky & lnd Term 1st 4 ,%s.. 1961 Stamped-____ 1961 1 59 m 75 m 85 55 69% J 1947 __1955 M s a Feb. 63 39 t Iowa Central ry— 5.000 18 Jan. Mar. 31 85 30 83 m 90 34 ::::: "96"" Agri Corp lst & coll ctf 5s—• Stamped extended to 1942 afn lst & ref 4s 15% Mar. 11 U2H 70 51m Sale Sale 45 m Sale 55 m 103 2532 Sale Sale 11,000 James Franklin & Clearf 1st 4s. 1959 J d 44,000 Jones & Laughlin St'l lst m 4 %s 1961 m s a 26 3 "72"" "65* 07,000 j a Internat Gt Nor lst 6s a 1952 90,000 a Adj mtge 6s series a.July 1 1952 1,000 a lst mtge gold 5s series b 1956 a 1st gold 5s series c 1,000 --1956 382,000 Internat Hydro el deb 6s 1944 94,000 Int Merc Marine lst s f 6s 1941 27,000 24 Jan. 85 41 45m 11% Jan. 111 Jan. 87 83 M Jan. 84% Apr. 46 40 % Highest Sale Prices Jan. 31 102 M Jan. 3 101 5 36 M Jan. 28 M Mar. 18 Jan. 13 125 % Apr. 124 4 Mar. 9 43 M Jan. 13 90 90 Sale 45 % 58 56 m "46 m Sale 84 63 Sale 53 Sale 54 m Sale Sale Lowest Sale Prices 86 75 60 J Highest 101m 101m Apr. 12 101m 33 29m Apr. 33 125m 126 % 124m Apr. 125 % 47 % 47 m 43m Apr. 48% 13m Sale 11% Apr. 13m 112 % 111m Apr. lllV* 112 83 84% 75 O A Ask 83 84 % mn j RANGE SINCE JAN. 1 Lowest | 101 % 101m 101% 31 31% Sale 83 M s April 29 Ask Bid Bid 83 1963 80.000 Intern Paper conv 5s series a 105,000 Refunding 6s series a 20,000 Int Rys of Cent Amer 1st 5s b 33,000 First lien & ref 6 %s 223,000 Internat t & t deb g 4%s 508,000 Deb gold 5s Ask Sale 112% Sale 1963 series c 90,000 Illinois Steel deben 4%s 1940 5,000 illseder Steel Corp 6s 1948 Ind Bloomington & w lst 4s 1940 Indiana iii & Iowa 1st gold 4s__1950 2,000 t Alndianapol & Louisv 1st gu 4s_1956 Indianapolis Union ry— Ref &impt mtge 3 %s ser b 1986 82,000 Industrial Rayon 4 %s 1948 63,000 Inland Steel 3 %s series d -.1961 444,000 Jlnterboro r t lst & ref 5s 1966 17,000 Certificates of deposit153,000 *Al0-year 6% notes 1932 * 376,000 a 10-year 7% notes 1932 61,000 a Certificates of deposit 27,000 Interlake Iron conv deb 4s 1947 Ipiil 1 1939 1940 mn 102 sink fund 5%s a PRICES IN APRIL Price Jan. 3 Bid 131,000 Hudson Coal 1st s f 5s series a--1962 15,000 Hudson County Gas 1st 5s 1949 183,000 Hudson & Manhat 1st & ref 5s a 1957 305,000 k Adjust income 5s Feb 1957 67.000 Illinois Bell Telep 3%s ser b 1970 Illinois Central 1st g 4s -.1951 1.000 lst gold 3 %s 1951 Extended 1st g 3%s 1951 1st gold 3s sterling 1951 77,000 Collateral trust gold 4s 1952 78,000 Refunding 4s 1955 Purchased lines 1st 3%s 1952 105",000 Coll trust gold 4s a1953 7,000 Refunding 5s_____ ___1955 676,000 40-year 4%s 1966 Cairo Bridge gold 4s a 1950 Litchfield Div 1st g 3s 1951 1,000 Louisv Div & Tor g 3%s 1953 Omaha Div 1st gs 3s 1951 St Lou Div & Term g 3s 1951 Gold 3 ha .1951 Springf div lst g 3 %s 1951 Western Lineslst g 4s 1951 25 EXCHANGE—BONDS N. Y. STOCK 15 4 21 4 Apr. Apr. 17 5 Apr. 4 Apr. Apr. 27 Apr. 20 Feb. 10 19% Mar. 25 49% Mar. 10 35 Apr. 17 3o Apr. 40 Jan. 3 56 Mar. 10 45 Apr. 45 % Apr 8 52 Mar. 52 Mar. 3 13 % Apr. 10 13 Apr. 11 13 3^ Apr. 14 Apr 16 16 10 12 8 Apr. Apr. 14 57 Feb. 57 112 Jan. Apr. 8 3 21 % Mar. 21% Mar. Mar. 21 Feb. 13 116 Apr. 24 Apr. 10 129% Jan. Mar. 127% Jan. 26 130 97 9/ A pr. 21 Apr. 8 110% Jan. 107 Apr. 107 Apr. Apr. 17 107 3 101% Mar. 98 % Jan. 2 49 Feb. 56% Jan. 104 Apr. 10 108% Mar. Mar. 14 6 8 3 6 9 27 22% Mar. 14 22% Mar. 13 Feb. 7 58 Mar. 15 61 22 127 62 17 65 10 8 21 20 17 22 13 4 Mar. 29 N. Y. STOCK EXCHANGE—BONDS CO £0 BONDS n. t. stock $ 1, 101, 95, 49, 33, 177, 35, 2, 1939 tSift. Bid —1949 -1949 1949 -1944 Long Island unified 4s Guar ref gold 4s 48 stamped Lorillard (P) Co deb 7s. 5s - ... Louisiana & Ark 1st 5s series 53 1st & ref 434s series 1st & ref 4s ser D 80 8134 M S 81 O 85 90 Sale 94 Sale 94 34 O 2003 8934 8434 79 A O 1980 M S 9734 Sale 108 49, 24, gold 3s Mob & Montg 1st g 434s South Ry joint Monon 4s McCrory Stores Corp s f deb 5s. .1951 Maine Central RR 4s series A—1945 Gen mtge 4 34s series A 1960 Manati Sugar 4s s f Feb 1 1957 X a Manhattan Ry (N Y) con g 4sl990 a Certificates of deposit a 2s 4s 2013 Manila El Ry & Lt 1st 5s 1953 1959 lAMan G B & NW 1st gu 334s—1941 Marion Steam Shovel s f g 6s 1947 Market Street Ry 1st 7s—Apr 1940 Mead Corp 6s with warrants 1945 1st ext 4s "8", 12" 14, 6, 46, 30, 12, 46, 3, 13, 22, 43, 117, a 4s (Sept 1914 coupon on)—1977 Miag Mill Mach 1st s f g 7s_._1956 Michigan Central-Detroit & Bay City Air Line 4s 1940 Jack L & S gold 334s 1951 1st gold 334s. 1952 Ref & Imp 434s series C ..1979 t a Midland of N J 1st ext 5s 1940 X Milwaukee & Northern RR— a 1st ext 434 s 1939 a Con ext 434s 1939 X a Mil Spar & N W 1st gu 4s 1947 :aMUw & State Line 1st gu 334s 1941 :AMinn & St Louis 5s ctfe 1934 a 1st & refund gold 4s 1949 a 25-year g 534s 1949 a 1st ref 534 s series B —1978 J AMissouri-Illinois RR 5s ser A. .1959 Mo Kan & Tex 1st g 4s —1990 Missouri-Kansas-Texas 48 216, 50 1962 Ref & ext series 5s A__ Certificates of a a Certificates of deposit 1st & ref g 5s ser G a a 77 a 195 6, 1, 4, 168 135 11 21 96 * 18 4 61 1 548 "5 O Q J MN M S J D J 106 54 68 42 34 Sale 73 54 51 2534 2934 Sale 27 Sale Sale 19 102 81 87 9934 "84"" 10 20 81 61 Sale 50 5034 10934 11034 9934 104 634 1134 34 54 34 28 J J J D 7034 1434 J D 40 J D 26 27 734 M S 3 F 2 J 834 534 834 354 234 J J J M S J J J J 26* 9654 9954 97 80 41 27 1034 2834 1254 2534 1034 73 28 6 334 7 234 154 Sale Sale 7 Sale 634 Sale 434 3 454 3 654 Sale 7 354 3 154 2 66 34 53 34 53 34 Sale 38 70 1962 J 1978 J 1967 A J 31 Sale 21 Sale 19 J O 3034 1634 32 Sale 2134 934 Sale Sale 1834 21 934 Sale 1965 F A 21 22 MN ----- 23 110 Mar. 10 4 10734 Mar. 28 99 Apr. Apr. 8434 Apr. 8434 Feb. 76 Apr. 9734 Jan. 8234 Jan. 9934 93 54 8934 8554 Apr. Apr. Mar. 17 Mar. 10 Mar. 9 Mar. 14 Apr. Apr. 101 88 5 5 m 34 Feb. 18 Mar. 77 8 Feb. 7054 Jan. Apr. Apr. 104 10554 Mar. 13 2434 Mar. 9 22 Feb. 107 10534 Mar. 67 Mar. 11 101 Jan. 7234 5134 3154 43 54 3934 Jan. 23 Apr. 2654 Apr. 24 34 Apr. 1734 Apr. 2 Mar. 30 Mar. Jan. 9 6 Apr. 28 41 Apr. 28 2534 Apr. 28 8234 Mar. 30 129 Apr. 28 Jan. 28 101 3 81 Feb. 6 75 Apr. 8 39 Feb. 23 5 Mar. 4 10134 Apr. 29 8334 Feb. 87 Jan. 1 25 5434 Jan. 4 8 10454 Mar.. 22 11034 Jan. 95 Apr. 6 7 16 11134 Feb. 18 Mar. 10 20 102 4 834 Feb. 7 54 Mar. 31 54 Feb. 17 Jan. e95 Apr. 4 8954 Jan. 4 96 Mar. 18 "Apr". 20 95 Apr. 4 97 Mar "§54 Apr. 28 10 Apr. 21 9054 Jan. 3 7234 Feb. 27 954 Apr. 28 2554 1034 2934 654 2 34 Apr. Apr. Apr. Apr. Apr. 3 6 4234 Jan. 25 34 Mar. 24 32 834 Apr. 2854 Apr. 1754 Jan. 3134 Mar. Apr. 95 94 34 2534 8 34 2854 4 34 134 3 Apr. Apr. 10 Apr. 19 Apr. 18 Apr. 28 6 34 Apr. 4 34 Apr. 6 34 Apr. 8 19 29 Sale 234 Apr. 134 Apr. 13 64 34 Apr. 50 Apr. 11 6 5 10 29 19 3 1 4 734 Apr. 5 Apr. 10 4 734 Apr. 4 3 Apr. 5 154 Apr. 68 3 Apr. 53 34 Apr. 28 42 1 Apr. Sale 2134 2034 2154 2034 Sale 6234 65 M S 1954 2834 Sale M S 34 Sale 1981 FA — J F M A S MN 5034 10234 4s April 1914 coupon on Newark Consol Gas 5s cons 5 10 34 Apr. 3 1554 Apr. 15 Apr. 4 34 Apr. 16 Apr. 15 Apr. 15 Apr. 3 12 63 65 Apr. 13 65 103 34 105 16 Apr. 1734 Apr. 1954 Apr. 49 50 Sale Apr. Apr. 10454 10534 103 108 109 3 Apr. 16 Apr, 15 Apr. 1554 Apr. 14 Apr. Sale II*::::: 234 Sale 1534 Sale Sale 1534 Sale 1834 70 20 2034 2334 _____ Sale Sale 58 Sale 8 11 11 , 3 1 1 1 4 — ----- 70 2 8 8 1 8 3 Apr. 13 11 1734 Apr. 5 1934 21 11 22 34 Apr. 3 21 2734 11 2434 Apr. 50 Apr. 3 13 34 75 79 75 5 24 6 4534 Apr. 4854 4234 Apr. 25 48 34 38 8 43 34 Apr. 10734 Apr. 11 108 114 Apr. 10 11434 20 4 17 3 79 80 26 Apr. Apr. 10 109 Apr. 10054 Apr. 24 104 34 Apr. 96 34 Apr. 10 9834 Apr. 93 34 Apr. 26 9554 Apr. 10434 10234 Sale 9734 Sale 9754 Sale 95 98 9334 Sale 75 8 11 104 107 Sale 104 79 2000 ..1955 MJV 1968 J D 1947 MJV 5234 5034 4534 10534 11434 1941 MN w w Sale 48 Sale Sale 47 49 Sale 42 34 * i% Apr. Apr. 10 19 18 28 254 Jan. 19 554 Jan. 27 434 Apr. 19 Mar. 18 5 50 Jan. 8 10 334 Feb. 17 Jan. 19 3 834 Mar. 13 634 Jan. 4 3 6 Feb. 9 9 13 4 Jan. 45 8 11 24 3434 Apr. 6 2154 Apr. 1734 Apr. 20 Apr. 8 Apr. 10 14 8 8 5 2 Feb. 234 Apr. 134 Feb. 6434 Apr. 6 9 7634 Mar. 15 1434 Jan. 3 Jan. Jan. 234 6834 5534 5134 Jan. 4 Mar. 10 Mar. 14 Jan. 5 8 1234 Apr. 15 Apr. 3 3 Apr. S 1234 Apr. 8 12 34 Apr. 11 12 34 Apr. 11 1654 Jan. 28 2 Apr. 8 8 1234 Apr. 15 Apr. 1 12 34 Apr. 8 1254 Apr. 12 3734 Jan. 3234 Jan. 5 6 34 5 Jan. 1734 Jan. 5 2134 2034 634 2154 2034 2154 1934 4 34 2154 2054 2154 2034 Jan. 4 Jan. 6 65 Jan, 18 Jan. 6 Jan. 5 Jan. 3 Jan. 11 Jan. 3 Jan. 14 Jan. 4 Jan. 4 Jan. 4 Jan. 65 Jan. 18 16 Apr. Apr. Apr. Feb. Jan. 11 2234 Mar. 2954 Mar. 7 4 11 34 Jan. 3 55 Mar. 9 10534 Mar. 7 1734 1954 47 54 10234 107 10054 96 34 93 34 7054 6734 11 18 3 Apr. Jan. 10 109 Jan. Feb. 26 100 3 10534 Mar. Mar. Apr. 26 Feb. 10 Jan. 30 27 8 9 9754 Feb. 3 7234 Jan. 3 6734 Jan. 30 7034 3154 10134 115 74 54 35 7034 34 34 54 34 .1926 1951 1951 4 on 1951 1965 1954 ...1948 on 11434 115 74 Sale 106 Sale A O A O J D MN 68 74 43 4434 105 """54 134 134 Sale Sale 34 3 3 29 20 134 54 6 71 4 8 44 27 11 Apr. Apr. Apr. 10 10534 Apr. 11 106 Apr. 3 10 .5634 Jan. 4534 Apr. 4234 Apr. 38 Apr. 10454 Jan. 114 Apr. 9734 Jan. 9 54 Mar. 10 49 Mar. 11 108 Apr. 29 11534 Feb. 7 100 Mar. 27 6934 Feb. 9 2934 Jan. 27 72 Jan. 6 46 Mar. 2 Feb. 16 16 102 10254 Apr. 10 10534 Mar. 31 5 1049« Mar. 30 10654 Jan. Apr. 10 10454 Jan. 3 106 102 Feb. 34 Jan. 34 Apr. 17 34 Apr. 34 Apr. 10554 Apr. 18 54 Apr. Apr. 17 34 Jan. 30 54 Mar. 10 54 Jan. 34 134 12 34 Jan. 34 27 134 Jan. 34 Apr. 17 134 Mar. 16 12 26 '34 54 10834 25 65 106 40 34 134 34 Sale 60 3134 12454' J D J 27 Sale 20 26 20 25 J 2534 Sale 17 2454 1654 20 123 34 12254 10 106 34 Jan. 10554 Apr. 54 Mar. 3 10934 Jan. 11 60 5s guarl945 J 1945 J For footnotes, see page 30. Apr. Apr. Apr. Apr. Apr. 10 102 10534 Apr. Sale 34 134 70 Apr. 3034 Apr. Apr. 10254 Apr. 102 10234 34 34 H 34 34 O A 54 Sale 10534 106 134 0 O 4034 98 34 34 34 34 34 ----- O A 46 39 108 ___.. 10434 54 4854 41 Sale Sale 40 36 102 Sale Sale Sale 105 75 4654 116 100 10734 9534 & rets No 4 on 1957 & rets No 4 Apr. Apr. 1234 Apr. 15 Apr. 12 34 Apr. 12 54 Apr. Sale Sale Sale 10834 Sale 10054 Sale 9654 Sale 99 9634 7234 Sale 22 3 8 4 34 1554 65 58 3 15 Apr. 3 Apr. 1234 Apr. 12 34 Apr. 1234 Apr. 15 15 Sale Sale 2634 Apr. 2134 Apr. 8 15 Sale 2154 Apr. 10 1734 Apr. 14 8 20 Apr. 8 8 Apr. 1234 Apr. 15 Sale Sale 4 Rys of Mexico— 434s Jan 1914 coupon on_1957 434s July 1914 coupon on_1957 434s July 1914 coupon off. 1957 4s April 1914 coupon off a Assent warr & rets No Nat Steel 1st coll mtge s f 4s 10534 Jan. Apr. Apr. 82 1334 15 1254 354 334 13 54 Sale 1254 14 13 34 14 1254 254 Sale 1334 14 12 54 13 34 14 1254 1554 Sale Sale 6 2154 2034 2154 2034 106 Ja New England RR a Cons guar 4s Jan. 108 28 Mar. 10 18 12954 Jan. 23 5 126 Feb. 28 9054 Mar. 9 7534 Apr. 51 34 Apr. 104 34 Apr. 3 3434 Apr. 65 Sale 2254 Sale 1955 MJV X a Naugatuck RR 1st g 4s 9 554 2 234 234 634 '"554" 534 434 6 34 Sale 234 3 34 154 134 65 1955 A a 4 29 54 5 Sale 4s April 1914 coupon on 1977 4s April 1914 coupon off 1977 A a Assent warr & rets No 5 onl977 A Nat RR of Mex prior lien 434s— "7 Sale Sale 25 a 195 9454 7534 1234 Sale A 14 75 15 129 60 75 25 34 9 3 104 warr 11 Apr. 87 1955 Dairy Prod deb 3 %s Assent 50 934 National a .... Sale '51 MN a 12734 Apr. 12254 Jan. 7534 Apr. §034 80 88 88 95 68 54 UNat Distillers Products deb 434sl945 MN Nat Gypsum 434s s f debs 1950 MN * 8654 Mar. 14 35 100 95 Sale J 23 Apr. 28 2534 Apr. 28 3 11134 Apr. 11034 Apr. 95 Apr. 20 10134 Apr. 98 1134 Sale A warr 11 8 41 Sale 3634 D Assent Apr. Apr. 49 55 4934 1946 J a 20 7434 5 1951 J a 834 4454 54 34 Sale 33 MJV 8 18 4 Apr. 3134 Apr. 28 43 54 Apr. 28 11134 11034 111 94 9954 9954 8 754 1134 34 54 54 72J4 80 45 J 11 10 Apr. Apr. 69 47 54 10134 Apr. Sale Nassau Elec guar gold 4s stpd National Acme 434s extended a 84 10 10 81 -35" 9054 1634 5 107 8 10 Sale 35 M S 7134 Apr. 27 7134 Apr. 27 Apr. 5 10434 Apr. 14 22 Apr. 17 22 Apr. 17 103 54 10454 104 MN ? 5 104 1282iS213054 121 82 70 8834 79 65 5154 10334 104 M S Nashville Chat & St L 1st 4s A..1978 F a Sale Prices 27 Jan. Jan. 91 95 83 90 9454 8734 Sale J 6934 10634 Apr. 10654 Sale 68 Apr. 7134 73 54 44 Apr. 4634 51 23 Apr. 2954 Sale 42 Sale 2654 Apr. 2434 Apr. 39 4034 24 1734 Apr. 2534 20 79 1955 Constr M 434s ser B Mountain States T & T 3 Ms Mutual F'uel Gas 1st gu 5s Mutual Union Tel 5s National 10134, J 1955 A f 4 34s ser C ser D Morris & Essex 1st gu 334s ser 6634 7934 10434 10454 107 "83"" 81 J A 1965 s Constr M 5s Sale Prices 8134 Jan. 110 D 4%-July 1938 Gen & ref s f 5s 131 J 1949 MN 1980 A O 6s debentures 27 Sale 2734 3154 Sale 27 54 2954 1734 25 MN Montana Power 1st & ref 3%s_. 1966 Mont Tram 1st & ref 5s series A.1941 Gen & ref 129 D M S 91 Apr. 84 34 Apr. ..... J 1978 Certificates of deposit— 1st & ref 5s series I a Certificates of deposit General & refunding 5s Gen & ref 5s series B 47 O Certificates of deposit Convertible gold 534s 1st ref gold 5s series H Mo Pac 3d 7s ext at . 46 Sale MN 94 8634 53 34 42 JMobile & Ohio RR— a Montgomery Div 1st g 5s—1947 a Refunding & Improv't 434s-1977 * a Sec 5% notes 1938 Mohawk & Mai 1st gu g 4s 1991 Monongahela Ry 1st M 4s ser A.1960 Monongahela West Penn Pub Serv— 1st mtge 434s 1960 100 283 13 a 106 Sale a 9 98 9034 20 70 a a "72~" 71 40 J 83 34 85 10434 10534 2034 1st & ref series F 99 Apr. 14 10734 10934 D 1975 MS 1977 MN AGeneral 4s 256 258" 86 D A Sale 77 10034 107 J deposit 424 15 107 Apr. Apr. Apr. Apr. Apr. 11 8534 18 1285-4 8 12554 11 13 10954 11 10034 Apr. 21 9454 Apr. 8 8634 Apr. 8434 Apr. 19 84 54 Apr. 8434 76 Apr. 28 80 Apr. 7534 100 100 Apr. 24 101 Apr. 85 Apr. 10 88 Apr. 8634 98 Sale 100 1962 J 40-year 4s series B_ Pr lien mtge 4 34s ser D ACum adjust 5s series A Jan J AMissouri Pacific RR Co— 1 Alst & refund 5s series A a 12734 12454 7534 10834 Apr. 3 Apr. 3 Apr. 6 Apr. 1 Apr. 1 Apr. 22 Apr. 28 RR— Prior lien 5s series A 2 98 J t*aM St p & S S m 4s stpd guar.1938 * Alst cons 5s 1938 J ♦Alst cons 5s grd as to int 1938 J a 1st & ref 6s series A 1946 J 404 77 MN 1977 M S Mex Internat 1st 4s asstd a 118" J Sale A Metropolitan Edison 4 34s ser D.1968 M S Met Water, Sewer & Drain 534S-1950 A O *t AMet West Side Elev (Chic) 4s 1938 F A a 1"3", F Manila RR South Lines 1st 4s—1939 MN A 6, J MN 85 84 H "80 % M S 54s series E Apr. 99 100 O A 1945 1952 Atl Knox & Cin div g 4s 1955 Lower Austrian Hydro-El 634s 1944 27, 73, 83 Sale Sale J A 1940' St Louis Div 2d 10", 88 100 J —2003 —2003 -.2003 C 4, 15, 5, n* 10834 10534 O 14", 85 105 108 A 4, 1 Highest „ A 27, 100, 942, 228, 201, Sate Prices 84 Apr. 28 8234 Apr. 27 Ask M S 1945 1946 F 69, Sale Prices 84 Apr. 28 88 12834 12954 12734 12834 12534 126 12554 Sale 81-34 Sale 8534 Sale 10854 10954 10854 10954 108 10834 10734 10834 1st & ref 3 i 9134. 83 34 84 34 Sale Paducah & Mem Div 4s 9, 1, 8334 Ask Bid Sale „ Lowest Highest 87 82 12734 12834 56 3" RANOE SINCE JAN. Lowest April 29 9134 Bid Sale 1 123 Unified gold 4s 1st & ref 5s series B. 88, 10 Ask 91* M S ! M S A Avril --1951 F A J A. .1969 J 1966 M S Louisville Gas & Elec 334s Lou & Jeff Bridge gu g 4s Louisville & Nashville RR— 413, PRICES IN APRIL Price Jan. 3 exchange 123 34 Apr. 20 Apr. 20 Apr. 8 123 54 Apr. 11 6 2134 Apr. Apr. 20 12254 Feb. 20 Apr. 20 Apr. Jan. 6 124 2754 Jan. 11 6 2734 Jan. 11 10 10 MAY, 1939] N. T. STOCK Sales in PRICES IN APRIL Price Avril BONDS N. Y. STOCK EXCHANGE 1939 RANGE SINCE JAN. 1 Jan. 3 Value 27 EXCHANGE—BONDS $ Bid 63,000 New England T & T 30-yr 5s A.1952 J D 31,000 1st g 4 %s series B___ 1961 AfN N J Junction RR gu 1st 4s.__ —1986 FA 64",006 N J Pow & Light 1st 4%s__ 1960 22,000 New Orleans Great Nor 5s ser A. 1983 11,000 N O & N'eastern ref 4,000 67,000 1,000 112,000 148,000 396,000 394,000 248,000 70 103 M 103 M 103 M 103 M 103% Sale Sale 64 61M 30 30 Sale 37 M 36* 20 24 31* "24 " Sale 27 30 J 1946 2013 2013 1952 A 1943 4s——1941 (Bost Term) 4sl939 aN Y New Haven & Hartford— ANon-conv debenture 4s 1947 ANon-conv debenture 3 Ms 1947 ANon-conv debenture 3 Ms 1954 ANon-conv debenture 4s 1955 ANon-conv debenture 4s 1956 AConvertible debenture 3 Ms. -1956 AConvertible debenture 6s 1948 ACollateral trust 6s 1940 ADebenture 4s -1957 108 M 67 M 77 M 59 M IIo"" i09~" ifi* Sale 63 75 Sale 48 53 M 60 M 48 M Sale Sale 79 Sale 64% 78M Sale 62 M Sale 67% Sale J 83 M J A O F A F A A O 63 Sale Sale 80% Sale 59 M Sale 66 M 75 64% 66 79M 80M 81 82 M Sale 66 M 67 M Sale Sale 58 M M 5 61M 53 M F 74 A A 78 84 M A O O F A 105 F A F A 104% 106% 54 59 M A O Sale 53 A O 107M 108 A O 108% J D F A 125M 116% 116% J J M S A 53 M 64 M Sale ----- 14M 18M 97 99 M 68 M 66 50 ..... Af S 14% A O 14 M A O J J 15% 15M 15 M 15 M 17 % Sale Sale 8 Sale 11 Sale Sale 54 17 M 13 99 M 101M 102 50 59M 70 45 13 7M 6 15 Sale 12 13 M Sale Sale 11M Sale 11 Sale 12M Sale O 65% 48 M 51 % 105M 97 M Sale 104 M J 101M 12M F A 9 F A 5% 30 M N 103 M 103 M J D 108 M 63 67 % J Af S 3% 110M A O 102 Sale F A 17 Sale 15 Sale 54 60 A 42M 35 M J ? j J J J J F A J t AOgden & Lake Ch 1st guar g 4s 1948 J a4s stamped 1948 J J see page 30 J 107 ----- 82 78 77 M 80 2M 109 M Sale 109M 95 M 104% 104 M 9M 10M 8M 9M 120M 59 Sale 40 47 M Sale 42 Sale Sale 50 Sale 46 M Sale 61% Sale 56M Sale Sale 59 % 58 M Sale Sale Sale "56"" Sale 50 Sale 107% Sale 4% 6% Sale 106% Sale Sale 106% 101M J D 107 104 M F A 104% 109 Sale 110M 113 J D J J J J 107 M 109 113% Sale 115M 116M J 104 Sale 80 Sale 103% 113*32 115 109% 116% 117% 105% 70% J J J D 56 M J D 112M Sale J D 109 Sale 111% 110% J D 107 Sale 108% 61M 54 84M Mar. 9 85 % Mar. 13 62 M Mar. 10 70 71M Mar. 15 27 107 104 Jan. 106 Jan. 6 107 49 Feb. 2 Mar. 25 Apr. 6 59 M Mar. 11 58 Mar. 11 Apr. 10 107M Jan. 27 108M Jan. 107M Feb. 23 109 Vs Jan. 14 23 126 Jan. 19 117M Jan. 27 49 19 17 5 17M Jan. 19 5 102 Apr. 29 Mar .114 13 63 17 1 11 Mar. 17 Jan. 61 Feb. 58M Apr. 26 Jan. 50 Jan. 16 Jan. 11 75M Jan. 9 3 Apr. 8 10M Apr. 3 10M Apr. 10 Apr. 26 10M Apr. 12 8 10 Apr. 10M Apr. 11 16 Apr. 11 4M Apr. 12 8 iOM Apr. 45 Apr. 24 5M Apr. 17 3% Apr. 10 11 Feb. 25 13 13% Mar. 13 3 15% Jan. 16 Jan. 4 49 Apr. 49 109M Apr. 20 110 5 Jan. 3 Jan. 3 20 Jan. Jan. Jan 6 9% Jan. 16 9 5 Jan. 102M Apr. 5M Apr. 6 104M Apr. 10 8 Apr. 5M Apr. 40 Apr. 1013132Apr. 108M Apr. 75 Apr. 75M Apr. 2 Apr. 109 Apr. 108H Apr. 94 Apr. 104952 Apr. 9 Apr. 8M Apr. 22 Jan. 7 77 Jan. 49 11 5 Apr. Feb. 3 54 Mar. 104 Mar. 31 93 101 % Jan. 29 8 8 14 8 1 18 10 18 6 13 106 22 105% Feb. 10 Feb. 17 122 Apr. 4 22 118% Jan. 20 24 4 12% Jan. Feb. 17 9 8% 45 29 103% 3 111 191 25 80 81 8 4 26 7 16 28 3 1 Feb. Feb. 18 104% Mar. 5k Apr. 54 119M Apr. 4 110% Jan. 7M Apr. 29 5k. Feb. 6 42 40 Apr. Apr. 1 1013132Apr. 102% Apr. 1 108% Jan. 110H Apr. 8 75 62 Jan. Apr. 6 70 \i Jan. 77H Apr. 1 3 2 Apr. Apr. 109M Apr. 18 109 Apr. 4 108 109 Feb. Apr. 1 96M Apr. 94 Apr. 5 100M Jan. 104% Apr. 4 9 11M Apr. Apr. 1 10M Apr. 8H Apr. 9 19 Jan. 4 4 Feb. 109 Apr. Apr. 4 15% Jan. 15% 17% 27% 8% 17% 57% Mar. 23 Mar. 8 Jan. 11 Mar. 30 Mar. 16 Mar. 10 Jan. 5 1111% Feb. 6 109% Mar. 22 7 6 10 100% Mar. 30 10513s2Mar. 6 13 9 17% Jan. 15% Jan.. 60 7 123 Jan. 2 4 5 10 Mar. 10 112% Apr. 22 112% Apr. 22 Mar. 24 107 Feb. 9 50 Feb. 8 Feb. 2 50 Jan. 27 55% Mar. 17 81 Sale 8 47 M 50 17 11 62M 12 51 8 56 11 108M 3 Apr. 3 Apr. 1 Apr. 3 Apr. Apr. 13 Apr. 11 Apr. 28 74% Apr. 85 41 53 % Mar. 13 60% Mar. 11 74% Mar. 11 45 Apr. Apr. 54% Apr. 50 65 Apr. Apr. 107 9 Mar. 10 64 Apr. 48 Mar. M ir. 10 109% Mar. 3 Mar. 4 3 18 100 Sale 106 M 106 % J 3 Apr. 8 10M Apr. 11 Apr. 21 1 12 Apr. 1 11M Apr. 1 11 Apr. 1 13 Apr. 6 18 Apr. 3 5M Apr. 13 Apr. 22 3 50 Apr. 5 6M Apr. 4 3% Apr. 11 10 108 M 4 6 m Sale 105% 108 D 3 Apr. 8 10M Apr. 3 10M Apr. 10 Apr. 26 10M Apr. 12 10 8 Apr. 10M Apr. 11 16 Apr. 11 4M Apr. 12 8 10M Apr. 45 Apr. 24 5M Apr. 17 3 M Apr. 10 4M Apr. Apr. Apr. Sale 106 Apr. Sale 103M Apr. Apr. 108M Sale 108 Sale 104 104 103 Vs Apr. Sale 112M Sale 112M Apr. Sale 115 115 Apr. 110 108M Apr. 109M Sale 117 115 117M 115M Apr. 116M 118 117M Apr. Sale" 105M Sale 104 Apr. Sale Sale 70 64M Apr. 58 55 M 54 M 53 Apr. Sale 112M 113 111M Apr. 110 Apr. 110M 109% 108 % Sale 107M Apr. 51 100 108 J 11 29 105 J 28 10 10 10 10 10 59 M Mar. 10 83 M Mar. 13 86 H Mar. 20 72 M Mar. 17 50 74M Apr. 41 Apr. 45 Apr. 54M Apr. 50 Apr. 48 Apr. 107 Apr. 57% 5% 8 20 48 56 M 68 6% Sale 11 26 Mar. Mar. Mar. Mar. 5 3 16 8 47M Apr. 8 Apr. Apr. 11 6 78M Jan. 50 Apr. 11 33 58M Apr. 26 49 74 M 4% 5M 10 34 Vs Jan. 20 109 M Feb. 39 Sale 100 10 39 65 106 Sale 107 M 9 4 Mar. 4 68 M Mar. 13 12 Apr. 99M Jan. 48M Apr. 50 "45~" Jan. 16 116M Apr. 105 M 50 35 36 M Jan. 337 5 J an« 39 M Jan. 82M 62M 69 % 77 M 12 Apr. 5 13 M Apr. 28 Apr. 25 102 Apr. 29 48M Apr. 13 55 Apr. 4 Apr. 25 11 24 29 73 M Mar 123 M Jan. 112M Apr. 22 112M Apr. 80 1972 J Sale 115% 111 106 38 Sale 73 59 Sale 39M 46% 1966 1946 1943 1945 AfN 104% 105 10% Sale 10M Sale 119M 17 12 18 7M Sale Sale Sale " S 1965 MiV ...1967 M 5 Oregon RR & Nav con g 4s 1946 Oregon Short Line 1st con g 5s__1946 1st guar cons 5s stamped 1946 Ore-Wash RR & Nav 1st & ref 4s 1961 Otis Steel 1st mtge 4%s A 1962 Pacific Coast Co 1st g 5s 1946 Pacific Gas & El 4s series G 1964 1st & ref mtge 3 Ms series H..1961 1st & ref mtge 3 Ms series I —1966 For footnotes M . 79 M Sale 49 24M Apr. 24 Apr. 24M Apr. 23 Apr. 109M Feb. 77 50 Sale 103 M 103 M 16 % 9M 19M Sale 113 4M Sale 78 8 1 3 6 25 100 105 M 105 M 104 Apr. 11 104 Apr. Sale 99y Apr. 8 103M Apr. 109 M Sale 96 M 50 Sale 83 53 J Ontario Power N F 1st 5s Ontario Transmission 1st 5s Sale 38 Q 3 20 26 102 M 102 M 109 Sale «!* 109M 109 % 96 J 4s debentures 75M Sale 6M 44 111 12 16 "17 M 4% 12M Sale 6% 4% 39 M 45 M 37 102 Ms Sale 102 109 M 110% Sale 75 12 12M 47 Sale 4M 73 108 AfN 21 I* 68 O A J 1st mtge 4s 1st mtge 3 Ms — Oklahoma Gas & Elec 3 Ms Sale AfN 119 1943 40 J 115 106 4s 11 Sale J O extended_1944 Sale 100 10 23 70 13 M 104 90 Apr. Apr. M Apr. Apr. 55 Apr. 50 M Apr. 108 M Apr. 109M Apr 65 Jan. 102 50 M 11M 5l" "58" 104 6 3 3 70 99 10 75 109% 110M 40 Sale 5M Sale Sale 6M 3 % Apr. Apr. 69* Apr. 29 8 106 6 107 "60"" Sale 12 M 110 1,000 North Cent gen & ref 5s ser A..1974 Af S Af S Gen & ref 4 Ms series A — 1974 t ANorthern Ohio Ry 1st guar 5s Apr 1 1935 and sub coupons.. 1945 A O AOct 1938 and sub coupons... 1945 ACertificates of dep stamped April '33 to Oct *38 coup...1945 245,000 Northern Pacific prior lien 4s. .1997 183,000 Gen & lien ry & Id gt 3s. _ Jan 2047 15,000 Ref & impt 4 Ms series A 2047 490,000 Ref & impt 6s series B 2047 11,000 Ref & impt 5s series C 2047 21,000 Ref & impt 5s series D 2047 127,000 Northern States Power 3%s —.1967 5M 50% 20M 9M 10M 10 M 77 O 4 8 11 59 51 25 6 59 M Mar. 10 Apr. 2 Apr. 10 104 M Feb 6 Apr. 10 104 M Jan 74 M Mar 10 Apr. 6 3 Apr. 34 M Jan. Jan. 5 37 Apr. 21 60 12 13 11 19 8 70 10M A J 55 10 IaN Y Prov & Boston gen 4s... 1942 A AfN 14M Sale 1 Jan. 50 P 75 Mar. 65 102 58 ..... Sale 55 Sale J Sale Prices 4 1.28M Feb. 17 5 126 M Feb. 28 107M M?r. 28 109M Mar. 16 77M Apr. 78 Apr. 45M Apr. 60 Apr. 60M Feb. Apr. Apr. Apr. Apr. 6 124M Apr. Apr. 116M Apr. 19 117M Apr. 70M 99 M 54 M 8 202,000 New York Steam Corp 3 Ms— —1963 60,000 t* AN Y Susq & West 1st ref g 5s -193 7 * ASecond gold 4Mb 1937 5l",000 AGeneral gold 5s 1940 2,000 ATcrminal 1st gold 5s 1943 79,000 N Y Tel 1st & gens f 4Ms — 1939 36,000 Ref mtge 3 Ms series B —1967 2,000 N Y Trap Rock 1st s f g 6s 1946 17,000 6s stamped .1946 116,000 4*aN Y Westches & Bos 1st 4Ms 1946 40,000 Niagara Falls Power 3 Ms—---1966 18,000 Niag Lock & Ont Pow 1st 5s A..I955 29,000 Niagara Share (Mo) deb 5Ms.-1950 130,000 UNord Rys extl s f 6Ms — 1950 233,000 *% ANorfolk South 1st & ref 5s A. 1961 31,000 ACertificates of deposit. *t ANorfolk & South 1st g 5s. 1941 98", 660 Norfolk & West Ry 1st con g 4s.1996 Sale Prices 124M Jan. 123M Jan. 71 Apr. 11 45M Apr. 11 51M Apr. 11 57M Apr. 11 124 124M 116M 65 Sale 80M 81M 54 M 64M 52 M 69* 58 Sale 77M Apr. 11 78 M Apr. 8 8 45M Apr. 60 Apr. 28 43 75 89 M 60 Sale 71 Apr. 11 45M Apr. 11 51M Apr. 11 57M Apr. 11 Sale 50 17 4s__1993 Highest 56M Apr. 12 M Apr. 77 M Apr. 54M Apr. 61 Apr. 65 Apr. Sale 54 2r< 63 Apr. 26 26M Apr. 1 29 Apr. 1 23 Apr. 10 61 75 74M i|K 56M Apr. 12 124M 116M 81 106 M 107 25 1 25 17 5 1 5 21 25 M 52 M 107% 108% 54% 109' Apr. 70M Apr. 54 Apr. 103.M Apr. 104 Apr. 64 Apr. 25 Apr. 25 Apr. 24M Apr. 24 24 Apr. 29 24M Apr. 10 23 Apr. 10 59 95 ..... O 22,000 N Y & Queens El Lt & Pr 3 Ms.-1965 MN New York Railways Corp— 1,000 J Prior lien 6s stamped 1958 J 64,000 N Y & Rich Gas 1st 6s A———1951 AfN 48 M 50 47 M 25 Apr. 10 Apr. 10 8 Apr. 6 Apr. Apr 21' 47M Apr. 39 Apr. 65 Apr. 80 81 Apr. Sale 56 Sale 50 Apr. Sale 105M 105M 105M Apr. 109 M 107 107 Apr. Sale 50 52 % 52 Apr. 53 M Sale 49 Apr. 108 M Sale 107M Apr. 108% 109 M 108M Apr. 48 M 65 49 58 M Sale Sale 63 M J 57 Sale AfN 23 6 III" 77 M 53 M 59% J 22 109 70 Sale Sale O A Guar 4Ms series B 1973 AfN AN Y L E & W Coal & RR 5MS-1942 AfN Ohio Connecting Ry 1st Ohio Edison 1st mtge 4s 35 29 - 162,000 2,000 114,000 36,000 171,000 62,000 66,000 29,000 3,000 29,000 12,000 38,000 292,000 89,000 7,000 131,000 126,000 123,000 29 M 3 21 31M 39 33 Conv secured 3 Ms N'western Teleg 4Ms 1,02 58 63 M 28 Sale 1998 N Y & Putnam 1st con guar Sale 24 33,000 AfN 36,000 J J 222,000 J J 79,000 A O 52,000 MN 160,000 D Alst & ref 4Msser of 1927—— 1967 J 5,000 t AHarlem R & Pt Ches 1st 4s _ 1954 AfN 121,000 t AN Y Ont & West 1st g 4s 1992 M S 27,000 AGeneral 4s 1995 J D "5" 606 102 Sale J Lowest Highest 33 Sale 26 M 1* aN Y & N Eng 2,000 5,000 23,000 Sale 108 % 108 % 107M Apr. 67 M 70 M 67M Apr. 50 56 50 Apr. 32 5,000 aN Y & Greenwood Lake 5s—1946 AfN 8,000 N Y & Harlem g 3 Ms. .—2000 AfN 23,000 N Y Lack & Western 4s ser A.. 1973 AfN 2,000 Sale 6>- 35 1945 10-year 3 Ms secured s f I Sale 1956 F A 1954 A O Consol 4s series A ADock & impt 1st 5s N Y & Long Branch gen Sale 107 % Sale 35 _ Lowest Sale Prices Sale Prices Ask\Bid Ask 125% 126 M 125 % 127 M 126 Apr. 12 127M Apr. 21 125% 126 125 % Sale 125M Apr. 3 126 Apr. 19 A 1956 172,000 N YC & H R g mtge 3 Ms 1997 31,000 Debenture 4s of 1912 1942 477,000 Ref & impt 4Ms series A 2013 21,000 Lake Shore coll g 3 Ms 1998 Mich Cent coll g 3%s 199$ New York Chicago & St Louis— 290,000 ARefunding 5 Ms series A 1974 1,212,000 ARefunding 4 Ms series C 1978 17,000 4s collateral trust 1946 2,000 1st mtge 3 Ms extended to 1947 55,000 3-year 6% notes 1941 112,000 N Y Connecting 1st gu 4Ms A..1953 19,000 1st gtd 5s series B 1953 34,000 N Y Dock 1st gold 4s 1951 8,000 Convertible 5% notes 1947 72,000 N Y Edison 3 Ms series D 1965 27,000 1st lien & ref 3%s series E —1966 N Y & Erie—See Erie RR. 12,000 N Y Gas El Lt Ht & Pow 5s_..1948 67,000 Purchase money coll tr g 4s__1949 "7",606 Avril 29 Bid "66% 53 M 103 M 31 Alst 4%s series D Alst 5 Ms series A ACertificates of deposit. Npt & Gin B gen gu g 4 Ms New York Central RR— Ref & impt 4 Ms series Ref & impt 5s series C 63 3.4 M F 1 90 H ii)8% 67 M 5,000 ^♦iN O Tex & Mex income 5s__1935 2,000 iFirst 5s series B 1954 ACertificates of deposit list mtge gold 5s series C Ask 124 % 125M Sale 124 104 4%s ser A.1952 113,000 New OrleansP S let & ref 5s A. .1952 86,000 1st & ref 5s series B 1955 41,000 New Orleans Term 1st, 4s guar..1953 "3"66O Avril 105 Sale M _ 107 M Sale 107 M Sale 103 M 104 106 6 Apr. 11 105M Apr. 4 107 M Apr. 10 107M Apr. 14 104ys 26 4 Jan. 8 105 Apr. 26 5 106 Jan. 106 Jan. Apr. 1 101% Jan. 24 110 Apr. 19 104M Apr. 27 1135s2 Apr. 4 115 Apr. 4 107 10 1 4 14 109% Apr. 29 28 116M Apr. 6 118 Apr. 8 106M Apr. 13 18 13 18 71 54M 10 112M 21 111M 18 109M 19 1 Apr. Apr. 28 Apr. 28 5 Apr. Apr. 25 Jan. 103% 112% 112% 107% 113% 116% 103% 64% Apr, Jan. Jan. Jan. Jan. Jan. Jan. Apr, 53 Apr. 111% Apr. 6 17 11 107 Mar. 3 108% Feb. 3 108% Feb. 3 105 14 110 Mar. 28 2 Apr. 4 19 105% Feb. 11 113% Mar. 11 20 116% Mf r. 3 9 27 110 Mar. 6 3 116% Mar. 10 8 16 118% Mar. 4 28 106% Mar. 9 13 81% Jan. 18 60 Jan 10 Jan. 10 113% Jan. 3 111% Jan 21 105% Jan. 28 109% Mar 29 109 9 28 N. Y. STOCK Sales in HI BONDS April Value n. y. stock April 1 1939 Bid Ask 67 Sale 63 93 108 M 108M Sale 109 101M 4%s -1955 17",666 Panhandle Eastern Pipe L 4s A. 1952 M S 105 M Sale Paramount Broadway Corp— 57 M Sale 3,000 1st mtge s f g 3s loan ctfs 1955 F A Paducah & Illinois 1st s f Paramount Pictures Inc— 1,000 14,000 324,000 36,000 12,000 48,000 438",000 7,000 51,000 41,000 174,000 64,000 741,000 140,000 243,000 155,000 133,000 649,000 24,000 71,000 10,000 12,000 2,000 55,000 6s 1955 3 Ms conv debenture—1947 1fParis-Orleans RR Ext s f 5%s_l968 Sinking fund debenture "deb 6s 1944 Paterson & Passaic G & E 5s_._1949 iPaulista Ry 1st & ref 7s ser A. _1942 J 88 M AO 100 M 49 M S 61% A 99M 102 100% 99 100M 98% Sale F J D J D MN Con 3 Ms 62",066 60,000 107,000 1,000 24,000 551,000 2,000 2,000 4,000 1,065,000 17,000 29,000 105 M Sale 108M MN Sale 111 MN 110 Sale 107 O 88 Sale F A J D M S A O F A J J J J Sale Sale Sale Sale 103 M 66 % 8* 94 H 95 81 116M 114 50 4M 106 Sale 67 Sale Sale 108 108 M 109 M F A 107 M 108M 105 M 103 110 J J D J D M S J J M S 104 M 98% Sale 110M 110M 13 M Sale 3M Sale Sale 111M 107 M 105 100 M 110 10 M 3M 8M j 104 M 25 103 Apr. 19 101M Jan. 93 11 101M Apr. 96Vs Apr. 13 106 M Apr. 4 100 Jan. 105Vs Feb. 97 M Apr. 18 27 105M Apr. 1 Feb. 2 107 M Jan. 93M Jan. 104M Jan. 107M Jan. 11 Apr. 11 111M Apr. 19 3 111M Apr. 3 90 Apr. 3 117M Apr. 3 98M Apr. 106M Apr. 15 3 84Vs Apr. 1 94 Vs Apr. 1 95 Apr. 11 109 8 6 8 5 6 10 10 11 10 8 17 28 Apr. Apr. 10 Apr. 19 Apr. 19 Apr. 21 Apr. 18 101M Apr. 4 110M Apr. 10 12 M Apr. 14 4 Apr. 9 11 Apr. 8 108 Apr. 24 90 Apr. 28 93 Apr. 1 61M 111M 109M 111M 108Vs 105M Mar. 1 108 Jan. 6 108M Jan. 3 13 49 3M 103M 60 55 18 104 Feb. 5 104 17 3 3 9 Mar. 9 Mar. 6 Mar. 15 Mar. 25 Mar. 25 Mar. 11 Mar. 11 Mar. 6 Mar. 11 Jan. 6 Anr. 14 Mar. 11 Mar. 16 Mar. 11 Jan. 3 107 Mar. 18 18; 11 im Anr. 6 20 109M Mar. 31 109M Apr. 10M Apr. 21 Mar. Mar. 21 98 M Jan. 27 9 Mar. 10 Mar. 11 4)110 Jan. 29 5 Mar. 30 113 56 M 106M 3 Apr. 4 5Vs Apr. 106M Apr. 14 3 68M Apr. 55 Apr. 17 51 90M 89M 74 M 115M 112M 16 109 Jan. 112M Apr. 90 Jan. 119 Jan. 100 Jan. 107 Vs Apr. 90 Vs Apr. 96 M Apr. 97 Apr. "90M Apr. 117M Jan. 115M Apr. 58 Vs Apr. 6M Jan. 106 M Apr. 76 Apr. Anr. Mar. 31 115 3 83M Apr. Apr. 13 6 114M Apr. 27 14 106M J an. 109M 84 Vs 115M 95M 103M 11 10 Jan. Jan. 79 28 98 M Mar. 10 Jan. 18 93 110 24 117 12 2 19 5 101 M Mar. 4 3 102M Mar. 31 3 102M Mar. 15 103 M Feb. 17 Mar. 10 112 27 14 Jan. 4 Jan. 5 14 Jan. 7 J an. 3 12 105 Jan. 107% Apr. 28 105 Feb. 107% Anr. 28 115M 115M 115 112 113 111 112M 102 % 102 M 92 M Sale Sale 94 M 107 M "45M 51 49 44 51 44 106 ioik' 99 D J D a O J J J J jyr g Sale Sale 82 "3M 4M 49 M Sale 97 H Sale 74 M Sale Sale 24 5 112M Jan. 90 M Mar. 10 Feb. 6 9 105% Mar. 16 107 Jan. 18 108% Feb. 20 108M Apr. 26 108% Apr. 26 106 Jan. 23 106 Jan. 23 107Vs Apr. 28 107M Apr. 28 107Vs Apr. 28 107Vs Apr. 28 113M Apr. 13 116M Apr. 26 • 112 Jan. 116% Mar. 17 114M Sale 102 M 103M 102M Apr. 106 106M Apr. Sale 105 103M. 104 103M Apr. 10 105M Apr. Sale 94 M 94 96 Apr. 95 M Apr. 19 96 107 M 108 107M 108 37 Sale 37 Apr. Apr. 29 40 "51 Vs 37 39 40 Apr. Apr. 14 39 49 M 38 Apr. 37M 39M Apr. 11 42 112M 102M 101M 93 Vs 93Vs 106M Jan. 116% Mar. Jan. 107% Mar. 21 106% Mar. 14 104 104 Sale Sale 8 105M Apr. 3 108M Apr. 10.5 3 95 66 106 37 37 Jan. Jan. 98% 107% 51% 51% Feb. 39 Apr. Apr. 38 Anr. 52 Mar. 106 8 Mar. 13 Mar. 8 Mar. l5 Mar. 15 Mar. 15 Jan. 31 110 98M 105M Sale 39 M M S J J 106 110 15M 108 M 1942 J Cable coll 5s. 1953 j 1st M 3MS-1966 j Sale 107 38 Sale 67 68M Apr. 3 61M Apr. 11 106M 107 M 106M Apr. 19 106M Apr. 14 37 M 34 33 Apr. 28 Apr. 20 36 Sale 41 Vs 35 Apr. 20 35 Apr. 20 35 10 M Apr. 10 12M Apr. 3 11M Sale 11M Sale 108M 109M 108M 109 Vs 108M Apr. 24 109V8 Apr. 28 79 M 83 Sale Apr. 1 79M Apr. 19 83 2 2M Apr. 22 2M Apr. 11 4M "~2M 2M 3 46 42 46 44 M Apr. 3 Apr. "97"" 95Vs Apr. 12 100M Apr. 3 96 100 Sale 58M Jan. 106 Feb. 5 75% Mar. 10 107 Apr. 20 43 35 Apr. 20 41 10M Apr. 10 16% 108Vs Jan. 12 109% 79M Apr. 19 88 2 Apr. 22 4 34 40 Feb. 1 Mar. 27 Jan. 31 Jan. 9 Feb. 24 18 Jan. Mar. 14 Jan. 6 11 95M Apr. 3 49% Jan. 12 100% Mar. 13 55 11 54 10 61 % 80 10 80 11 11 104 Mar. 10 14 94% 12 107 11 94% 27 101% 51 17 22 18 Mar. 14 J 55 M 71 Sale 60 M 55 62 M Sale 76 Vs 74 Sale Sale 70 102 M Sale 100 M Sale 86 3 Apr. Apr. 15 1 76M Apr. 11 73M Apr. 28 4 11 101 Apr. 55 Apr. 11 64 56 M 54 59 68 Apr. Apr. 10 74 M 73 H 57 Sale 59 Sale 75 100M 101 69M Apr. 99 Apr. 10 Apr. Apr. Apr. 69M Apr. 99 Apr. 68 79 Jan. Mar. 18 9 Mar. 10 Feb. 25 mN Sale 93 F A mN 107 MiV j j 99 j j j 91M Sale % 106 Sale 94 92 Sale Sale Sale 30 MiV 26 U 26 X 29 M 26 M F A 26 H 30M A O 26 M 30 M S 104 M 103 % 26M 26M 104 M 104 M 10M 44 M MiV J J 13 M Sale 104 M 20 M 39 D__1977 M S 1962 M S H 1907 M 5 Gen mtge 3 Ms series 1 1967 M S 46.000 *t ARock Is Ark & Louis 1st 4Ms 1934 M S --1948 A ~~6~, 000 O X ARutland-Canadian 4s stpd 1949 J 5,000 jiRutland RR 1st cons g 4MS-1941 J a4 Ms stamped 194] J 13,000 108 12 ..... J 28,000 Safeway Stores s f deb 4s 82,000 Saguenay Pow Ltd 1st M 4 Ms. .1966 A 1,000 St Jos & Grand Island 1st g 4s__1947 J St Lawr & Adirondack 1st g 5s__1996 J 41M 19M 122 M 110K 108 M 1947 J 1996 A "55" Sale Sale Sale 89 105 Sale Sale 85M Apr. 102M Apr. 90 Sale 85Vs Apr. 94 98 50 17M 122 M 108M 1087/s 109 M 8M 9M 6 5 J 5 Sale 5M Sale D 105 106 106 M Sale Sale 106 M Sale Sale J J 93 M O 88 M 5 106M 107 M 27 25M 28 23 M Sale 23M 24 M 30 Vs 21 23 M 27 M 21 26M 23M Sale 100 M 105M 166 106 104 M 104M 11 M 10M 9M "16M Sale 43 44Vs 37 M "33"" 32M 32 Sale Sale 17 16M 122 M 109M 109 M 110 108M 108M J O 24 8 11 9 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 18 18M Apr. 18 19 25M Apr. 19 4 26M Apr. 20 Apr. 10 Apr. 10 11 106 Apr. 26 28 104M Apr. 28 10 10 M Apr. 10 1 1 44M Apr. 6 24 34 Apr. 18 25 27 25 3 18M Apr. 21 Apr. 21 109M Apr. 26 6" 7 4M 6 6M 105M 107 105 M 107 M 93 Vs 93M 88 M 90 85M Apr. 102M Apr. 85Vs Apr. 95 Apr. 38M Mar. 18M Apr. Jan. Mar. 10 7 12 28 Jan. 14 28 Jan. 23 M Apr. 23 M Apr. 100M 103 M 10M 44Vs 32 M 15M 3 27% Jan. 21M Jan. 21 Jan. Jan. 9 Mar. 13 Jan. 14 27% 107% 105% 13% Apr. Feb. Apr. Apr. Apr. Jan. Jan. 4 Jan. 19 Mar. 28 Jan. 17 44 Mar. 13 Jan. 7 20 Jan. 5 108M Feb. 23 111% Jan. 17 46 Apr. 26 4M Apr. 18 6 Apr. 13 1 5M Apr. 9M Apr. 5 5 Apr. 22 7 6 Apr. 8 Apr. 26 13% Jan 26 8 30 30 *"~5M 91M Apr. Apr. 92 Apr. Apr. 27 100M Apr. 18M Apr. 30 32 95 .14 12 106 50 18 35 5M 7 M Sale Sale Sale 100M 100M 50 21M j _ For footnotes, see page 30. 101 Vs Jan. 101 Vs Jan. 107 M 107 42 Potomac Elec Power 1 Sale 104 M Apr. 108M Apr. 108M Sale" 110M lilM 110 Apr. 110 Apr. 111M 110M 112 Sale Sale 86 84Vs Apr. 118 117M 117M 116M Apr. Sale 97 M Sale 95Vs Apr. Sale 104 M Sale 104M Apr. Sale 79 82 Vs Sale Apr. Sale 93 M Sale 90M Apr. Sale 94 M 93 M 89M Apr. Sale 74M Apr. 79M Sale 117 M 115M 116M 115M Apr. Sale 114M 115 113M Apr. 49 49 54 M 42 M Apr. Sale 4M 3M Apr. 3M 106 M 106M Apr. 109 106 Sale 60 62 M 64M Apr. 57 55 66 M Apr. 63 "55"" 59M 56M Apr. Sale 110M 110M 106M Apr. Sale Sale 109 109 Apr. 114M 110M 112 M 110 Apr. 107 M 107Vs Apr. 109M 105 107 105 107 104Vs Apr. Sale 99M Apr. 101M Sale Sale 110 110M 109M Apr. Sale 11M Sale 10M Apr. Sale 3 Apr. 3M Sale Sale 7 Apr. 7M Sale Sale Sale 106 107 Apr. 99 M 99 90 Apr. Sale 90 M 90 Apr. Sale 106 M Electric 4Ms--i960 M S ins:n t r 105M 107 1950—--„ ARuhr Chemical 6sl Apr. Vs Mar. 45 Apr. 99M Jan. 98Vs Jan. 98M Jan. 28 102 Vs Apr. 11 123 107 M 110 106 M 105 105 1963 F A 1964 MN 1970 J D Gen mtge 5s series E Gen mtge 3 Ms series Apr. 20 4 Feb. 27 124M Anr. 19 61 Mar. 7 58 25 106% Jan. 107 89 M 59 Rochester Gas & El 4Ms ser 20 103 --r 89 Jan. 103 a —1953 J 1950 3,000 ARhine-West Elec Power 7s ADirect mortgage gold 6s 9,000 1952 ACons mtge 6s 13,000 1953 ACons mtge 6s 10,000 — 1955 1952 178,000 Richfield Oil 4s conv deb 1,000 Richmond Term Ry 1st guar 5s_4952 —1955 1,000 xRima Steel s f 7s_ 2,000 t iRio Grande June 1st guar 5s -1939 21,000 X ARio Grande Western 1st g 4s_l939 Alst con & coll tr 4s series A..1949 147,000 102M Mar. 45 17 Mar. 8 Jan. 20 106M Jan. 108 M 1945 M N Republic Steel Corp 4%s ser B..4904 Purch money 1st 5Ms conv..4954 186,000 Gen mtge 4Ms series O------4956 144,000 100,000 Revere Copper & Brass 1st 4Ms-4950 iRheinelbe Union s f g 7s 4940 4953 4,000 ARhine-Ruhr Wat Serv 6s 98Vs Jan. 5 Apr. 24 124 M Apr. 19 45 Apr. 6 52 57M Jan. 104 106 MN 1942 A O 1942 M N 198", 000 102 20 103 M 103 105 _ 95 99 Vs Jan. 82 M Apr. 104M Jan. 108 5,000 t AProvidence Tenninal 1st 4s—1956 112,000 Purity Bakeries Corp s f g 5s _ 494.3 X ARadio-Keith-Orph pt pd ctfs for deb 6s & com stk (65% pd) * 134,000 ADebenture gold 6s 1941 60,000 Read Co Jersey Cen coll g 4s___4954 195,000 Gen & ref 4Ms series A 1997 Gen & ref 4Ms series B 28,000 1997 272,000 Remington Rand deb 4Ms w ^.4955 Rensselaer & Saratoga 1st gu 68.4944 96 M 92 53 M Apr. 8 5 105M 105M Apr. 12 108 108 108M 1C8M Apr. 95 108M 108M Apr. 26 108M Apr. 26 105 M 105M A_.-i940 a O 104 M 6s stamped Sale 85M Apr. 100233iApr. 30 1 "93"" 6s_i942 ----- Apr. 6 Sale J M S 1949 f Sale Sale Sale 53 M Apr. 102 108M Feb. 20 109?-! Jan. 18 101M Feb. 23 101M Feb. 23 103 M Mar. 31 105M Jan. 3 Apr. 106 Apr. 89M Mar. 90 Apr. "93 M J 20 . M S Porto Rican Am Tobac conv Sale MiV 1st 5s extended to 2d gold 6s 105 M 84 59M 106M Pressed Steel Car deb 5s 1951 J 3,000 1 AProvidence Secur deb 4s gu—1957 Af N ib',666 97 % Sale Sale 116M 113 % 56% 116 Sale Sale J 4 105 M Apr. 29 53 M Apr. 103 Apr. 102M 103 102 M v 100 M 101 M Apr. 101 M 102 100 M Sale 99M Apr. 93 95 Sale Apr. Apr. 103M 106M 106 Sale Prices 67 Jan. 3 83 Mar. 10 65 Vs Jan. 16 72 Mar. 22 107 Vs Mar. 25 109M Jan. 24 93 115 J 4%s ser A-1958 j D 4Ms series B» 1959 A O 4Ms series C -.-1909 a O Y & Ash 1st gen 4s ser A. _ 1948 j d ■1962F gen 5s series B ■1974J gen 5s series C -1977J 4Ms series D t* APostal Teleg & 97 D M S 1st mtge 1st mtge r Sale 6M Apr Pitts & West Va 1st i 115M 97 % 104% 86% 92 % 82 O 54 M 50 Highest Sale Prices Sale Prices 6 78M Apr. 1 Apr. 8 8 68 12 108M Apr. 13 8 14 109M Apr. Apr. 68 94 93 A series B 1975 A O series C_-1977 J J 4s.- —1943 m N Portland General 106M Sale 4 Ms A. -1952 4Ms series I g Con 4M® series J guar Gen guar 5s series A 1st 107M 96 M Sale Con 1st 101 Vs 105% 107% 110M J O G guar g Con 4s series H guar g— 1st 102M Sale 94 Sale MN 57 M 100 93 M A 1 Lowest Highest Sale Prices 69 75 69 64 102M 103 101M O Con 4s series Pitts 54 M A A Ask Ask Bid Sale Lowest April 29 101M Apr. 101M 101M 101 Vs 102 83 84 82M Apr. 85 M Sale 100'32 Mar. 100's2 101M 100' 32 Sale 47 49 M Sale Apr. 50 53 124 125M 123 M Apr. 124 45 42 62 Apr. D J 1 Apr. 108M 108M 108M 109M 108M Apr. 109M 109 M 108M Apr. 109M Sale 101M 101M 105 M Sale 103M Apr. 103 M J Pitts Va & Char 1st guar lb", 066 78 M 62 13M H2M series E guar g General g 5s General 4Ms Bid 91M 106M & I ref 5s_-_i973 Con 4s series F guar g 6,000 1,000 16,000 99 M F 217,000 AConvertible deb 6s ----1949 87,000 t* APhilippine Ry 1st 30-yr s f 4s _ 1937 753,000 Phillips Petroleum conv 3s 1948 10,000 Pirelli Co (Italy) conv 7s------1952 25,000 PCC&StLg 4Ms series 23,000 Con 4Ms series B guar g 2,000 Con 4Ms series C guar g Con 4s series D guar g A M S _ 17,000 Pitts Coke & Iron conv 50 M M S . lAPhila & Read C Sale Sale Sale 122 1,000 28,000 327,000 11,000 5,000 13,000 General g 4%s seri&sC 1977 / 3,000 General 4Ms series D 1981 473,000 Phila Co secured gold 5s_. — --1967 91,000 Phila Electric 1st & ref 3 Mf 1967 158.000 99 % M S Pennsylvania Co— Guar 3 Ms coll tr ctfs ser B---1941 Guar g 3 Ms tr ctfs ser C 1942 Guar g 3 Ms tr ctfs ser D.... -1944 40-year guar tr ctfs 4s ser E..1952 28-year 4s .v.--1963 Penn Dixie Cement 1st 6s A_.__1941 Penn Glass Sand 1st mtge 4MS-1960 Penn Ohio & Detroit RR—■ 1st & ref gold 4Ms series A..-1977 4Ms series B v-;-w 1981 Penn Pow & Lt 1st M 4MS 1981 Penn RR consol gold 4s 1943 Consol gold 4s .--1948 Stamped dollar bonds 1948 Gen mtge 3 %s series C 1970 Consol 4%s issue of 1915 1960 General 4 Ms series A 1965 General 5s series B 1968 Debenture gold 4Ms1970 General 4Ms series D_ 1981 Gen mtge 4Ms series E—.---1984 Conv deb 3 Ms 1952 Peoples Gas & Coke 1st 6s 1943 Refunding gold 5s— —1947 Peoria & East 1st cons 4s 1940 a Income 4s (flat) ----.---1990 Peoria & Pekin Un 1st 5Ms A.-1974 Pere Marquette 1st 5s series A—1950 1st 4s series B 1956 1st g 4Ms series C.------ —1980 Phelps Dodge conv 3MS d®" 1952 Phila Bait & Wash 1st g 4s 1943 General 5s series B __ 1974 _ J M S Parmelee Trans conv RANGE SINCE JAN. PRICES IN APRIL Price Jan. 3 exchange 40,000 * APacific RR of Mo 1st ext 4s. .1938 1,000 *A2d extended gold 5s 1938 61,000 Pacific Tel & Tel 3 %s series B..1966 52,000 Ref mtge 3%s series C___—1966 47,000 154,000 111,000 17,000 3,000 1,000 EXCH VNGE-BONDS Feb. Jan. 18 26 Feb 18 26 6 Feb. 28 25 6 Anr. 13 17 7% Mar. 4 6M Apr. 28 5% Jan. 4% Jan. 1 Apr. 105M Apr. 4 105M Apr. 28 106Vs Apr. 107M Apr. 20 107M Apr. 20 104% Jan. 105% Jan. 106% Jan. 14 106M 13 6 1 4 106% Anr. Mar. 9 17 107 26 107% Apr. 20 N. May, 1939] Sales in Y. STOCK •s £ |! April 1 1939 Bid $ Ask Bid • Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 29 Ask Ask Bid St Louis Iron Mtn & South— 57,000 1,000 2,000 2,000 56 Sale 54 m 55 52 64 40 63 43 Sale 12 13 12 63 14 51 % Apr. 13 Apr. 28 57 60 64 55 64 52m Apr. 10 63 m Rky m & Pac 5s stamped--1955 j j ASt Louis-San Francisco ry— j 54 m 1950 j j 13 34 13 m Sale Sale 281,000 116,000 88,000 28,000 565,000 178,000 APrior lien 4s series a ACertificates of deposit APrior lien 5s series b -1950 3 J 1978 M 8 stamped 32,000 j ASt Louis Southwest 1st g 4s—1989 m jv j A2d gold 4s income bond Nov 1989 j 19,666 * 47,000 Sale Sale Sale Sale 61m j J -.1990 j St Paul & Duluth 1st consol 4s__1968 J ~9~, 000 1 ASt PaulE Grand Trunk 4 34s_. 1947 J ASt Paul & kc Short l gu4 34s 1941 F 30,000 14 13 m 13 m 35 m 23 m 14% 1952 J Alst terminal & unif 5s AGen & ref 5s series a 16 1354 ACertificates of deposit ACon m 4 34s series a ACertificates of deposit Sale Sale Sale Sale d j a Apr. Sale i*River & Gulf Div 1st g 4s—1933 M n ACertificates of deposit ASt l Peo & n w 1st 5s -.1948 y J t l RANGE SINCE JAN. 1 Jan. 3 n. y. stock exchange Value PRICES IN APRIL Price BONDS April 29 EXCHANGE-BONDS 9 Sale 8 8m 9m 8m 8 54 Sale Sale 8m 834 Sale Sale 8 Sale 8% ----- Sale 9% 8m Sale 8m Sale 8 Sale 55 m 60 58 60 29 30 27 17% 11m 7m 7 m 7m 7m 7% 7m 52 56m Apr. 13 51 % Apr. 11 13 Apr. 28 52m Apr. 10 17 10% 52M Apr. Apr. 20 17 Apr. Apr. Apr. 834 Apr. Sale hm 7m 5% 8m 6 11 98 m 97 m 118 117 59 m 50 m 96 m Apr. 6 3m Apr. 8 96m Apr. 115m 114m Apr. 50 Apr. 106 % 105m Apr. Apr. 111m 110 109 110 Apr. 21 18m Apr. 17 Apr. 17% 25 30 Apr. 25 29 Apr. 6m Apr. 6% Apr. 6 5 5 17M Jan. 4 62 M Mar. 24 Jan. 14 Jan. 14 Jan. 13 M Jan. 28 26 13 10 6 9 65 Mar. 35M % 15 M 87M 6M Jan. 12 Mar. 4 Jan. 5 Mar. 24 Apr. 6 23 24 Apr. 3M Apr. 6 1 6 Jan. 64 13 M Jan. 14M Jan. 54M Jan. 29% Jan. 16 Apr. S% Apr. 87M Mar. 21 3m 65M Jan. 14 7M Apr. Apr. Apr. Apr. Apr. Apr. 60 11 16 10 7M 7M 7M 7% 7M 87 10m Sale 6m 6m 54m Apr. 8 11 12M Mar. 31 9m Apr. 9 Apr. 9m Apr. 8m Apr. 9m Apr. 9 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 51 % Apr. 30 16 % 87 "6*54 14" 9 11 9 Jan. 4 Jan. 21 Feb. 18 t Paul Minn & Manitoba— 38,000 49,000 44,000 29,000 26,000 16,000 5,000 36,000 10,000 8,000 tPacific Ext sterling guar 4s__ 1940 j St Paul Union Depot 1st 5s guar_1972 J San Ant & Aran Pass 1st guar 4s 1943 J J A o j 1963 San 1965 a/n Diego Cons g & e 4s Santa Fe Prescott & Phoenix 1st 5s'42 m S tASchulco Co guar 634s -1946 J J 100 115m 115m 63 Sale 106 Sale 111 54 Sale* 110m Sale 108 50 109 16m 110 105 m 111 110* 108 m 16m 17m 17 m Sale 16m J 18 2734 2234 AGuar. sinking fund 6)4s b—1946 a o 29 30 26 m 31 25 a o 27 m 32 26 m Sale 25 j AStamped AStamped Scio Vail & n e 1st guar g us 1989 1,000 *t ASeaboardAir Line 1st g 4s—1950 * 125,000 AStamped 4s -1950 3,000 AAdjustment 5s_ Oct 1949 39,000 *ARefunding g 4s 1959 ACertificates of deposit 3,000 359,000 Alst & cons 6sseries a___ 1945 ACertificates of deposit 92,000 11,000 t * AAtl-Birm Div 1st g 4s May 1933 tSeaboard-all Fla 1st 6s a 1935 ACertificates of deposit 136,000 MN A O A O f a a o 17m 17% 3% 7% 6m 21 Sale Sale Sale Sale m s 11 Sale ~ ■ m's 9% 16% A 4% f A 4m 104 % ACertificates of deposit 284,000 Shell Union Oil deb 3 34s- 1951 M s 1952 j D 1951 m S 1946 f a 1941 Shinyetsu el Pow 1st 634® ASiemens & Halske deb 6ms ASilesia Elec Corp 6 34s Silesian Am Corp coll tr g 7s 10m 19 Sale deb 4s 54 Sale 61 74 23 76 79 m Sale 1952 98 m 103 m Sale 106 % Sale conv Skelly Oil debenture 4s 35,000 95,000 27,000 58,000 107,000 16 m 4 5 1* 6m Sale 634 Sale 13 14 it* 2m Sale 2m Southern Bell Tel & Tel 3 Southern Calif Gas 4 ms ms—1962 a o 1961 M s a J d 107 % 106 m 3 m 2m Sale 105 m Sale 72 m *20" Sale 50 65 95 Sale 103 m 105 % Sale Sale 116 111m 1st mtge & ref 4s --1965 f Southern Colorado Pow 1st g 6s_1947 j Southern Kraft Corp 4ms 1946 J 104 % 56 m 77 21m 1951 Socony-Vacuum Oil deb 3 ms.-1950 South & Nor Ala gu 5s 1963 Simmons Co 98 M 96M Apr. 21 8 118 114M Apr. 68 M 50 Apr. 28 105M Apr. 10 106 % 110 Feb. 11 112M 6 110M 109 Apr. 98m Apr. 13 8 8 116m Apr. 5 28 53 Apr. 10 106% Apr. 18 11 Ill Apr. 22 6 109m Apr. 13 6 6 18m Apr. 5 10 18% Apr. 11 26m Apr. 24 5 11 28m Apr. 9% Sale 3 4m 4 Sale Sale 17 Sale 12 Apr. 2m Apr. 8 20 Feb. 23 30 Jan. 20 31M Jan. 26 6 116M Feb. 4 19% Mar. 17M Jan. 10 10 2M Apr. Jan. 4 10 Jan. 8 8 6M Jan. 10 Jan. 11 8 10% Jan. 8 17 Jan. 20 8 5 Jan. 3 5 Jan. O 103 % Feb. Sale 109 m 100 Sale 101M 90m 91m 3 2m 104 Apr. "60" 71 107 m 106 m 107 109 109m 110 103 m Sale 102m 103 93m 94m 92 m 93 m 109 m Mar. 105 M Apr. 24 57m Apr. 27 58 Apr. 18 3 20% Apr. 55 Jan. 62 Feb. 15 58 Apr. 20 Apr. 25 59 Apr. Apr. 7 75% Jan. 21% Jan. 12 Mar. 8 82 1 105m Apr. 1 z58 17m 107 m 108 107m 108 25 11 2M Apr. 4 Apr. 4 Apr. 5M Apr. 5 Apr. 12 Apr. 2m Apr. 56m Apr. Apr. 19 1 20 Apr. 72 59 Apr. 22 69% 8 91 97m 96 m Sale Apr. 3 104 103 m 103 m 102m Apr. 1 106m 106 m Sale 105% Apr. 113m 55 m 54 Jan. Mar. 11 19M Feb. 25 11 116M Feb. 16M Apr. 8M Apr. 4 Apr. 4 Apr. Apr. 10 4 Apr. 1 Apr. 3 7 Apr. 3 6m Apr. 4 13 Apr. 16m 10m 254 4% 4m 16m Apr. 8m Apr. 2m Apr. 4 Apr. 4 Apr. 5m Apr. 5 Apr. Jan. 11 Mar. 21 3 8 15M Feb. 15 Feb. 25 Apr. 25 Apr. 117 116 f 120m 115 9 18 ' 10m 12 9m 2m 2m 3 4 m Sale 3m 97 m 1935 Series b_ 20,000 4,000 4,000 30,000 174,000 81,000 211,000 j _ San Antonio Pub Serv 4s 98 Apr. 24 Apr. 26 Apr. 12 Apr. 25 91 8 99 M Mar. 11 Feb. 9 102M Mar. 18 105 % Feb. 105 115 Jan. 17 117M Mar. 3 106M Jan. Apr. 107% Apr. 21 108 106% Apr. 11 107M Apr. 108m Apr. 10 109M Apr. 100 Apr. 11 103M Apr. Apr. 92 Apr. 10 94 Mar. 22 107 24 108M Mar. 3 108 Feb. 11 106 Jan. 108M Apr. 100 Apr. 90M Jan. 10 110M Feb. 11 104M Mar. 4 1 3 3 1 Mar. 9 104 % Mar. 7 95 Southern Natural Gas— 39,000 1st mtge pipe line 4ms-109,000 Sou Pac Co 4s Cent Pac coll 1951 a o Aug "49 j d 1st 4ms (Oregon Lines) ser a.1977 393,000 Gold 4Ms 330,000 1968 Gold 4 Ms 522,000 -May 1 1969 Gold 4Ms. 803,000 --1981 192,000 10-year secured 3 ms 1946 San Francisco Term 1st 4s 1950 66,000 335,000 South Pac rr 1st ref guar 4s—1955 4s stamped 1955 220",000 Southern Ry 1st cons 5s --1994 Devel & gen 4s series a—-__1956 752,000 Devel & gen 6s series a 181,000 1956 Devel & gen 634s series a 301,000 1956 Memphis Div 1st g 5s 1996 St. Louis Div 1st g 4s "2,000 1951 35,000 Southw Bell Tel 3 ms series b—1964 1st & ref 3s series c 1968 142,000 28,000 s'western Gas & Elec 4s ser d--1960 40,000 ASpokane Internat 1st g 5s. 1955 3,000 taley (a e) Mfg 1st mtge 4s 1946 1961 273,000 Standard Oil n j deb 3s 292,000 15-year 2 ms debs --1953 111,000 Studebaker Corp conv deb 6s. 1945 53,000 Swift & Co 1st m 3 ms 1950 M S M s mn mn j 62 J _ __ 38,000 49,000 16,000 41,000 152,000 724,000 16,000 112,000 a a j j For footnotes see page 30. 41 Sale 39m 46 m 59 Sale 41m 52 m 84 m Sale 39 Sale Sale Sale 59 Sale Sale Sale Sale 51 m 64 80 m 46 m Sale 68 m Sale j J a d J j mn 104 m 107 % 14 78 79 66 m 71% 72 m 110 m Sale Sale 15 104 m 105 m Sale 105 Sale 103 83 m Sale 73 11154 J mN Sale Sale 106 % Sale 108 m 109 14 m 104 m 104 m 103 % 79 m 15 Sale Sale Sale 60 m 63 m 54 m Sale 43 40 51m 82m 55m Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1 103M Apr. 13 8 48M Apr. 3 8 51 Apr. 3 11 50 Apr. 10 48M Apr. 8 49 Apr. 14 59 Aprl 11 90M Apr. 11 63M Apr. 101 Jan. 58% Mar. 10 43 Apr. Apr. 40 Apr. 11 39M Apr. 39 Apr. 51M Apr. 82M Apr. 55M Apr. 10 41 102 Sale a 102 % 101 % 101 19 f 11334 104 m 114" 113% 114m Sale Sale 107 106 m 88 m Sale 106 m 106 m 107" J d J f 80 J Sale 125 102 100 m 32 107 m Sale II5 % 116 11.554 Sale 114" 85 83 m 82 m Sale 7854 j 84 % 91% J 84 m 84 m J j m s j 84 99 m J 89 84 Sale 97 Sale 39 m Sale 7m Sale 88 106 m 90 Sale 5534 Sale 88 m Sale 53 m 57 84 m 82 m Sale 100 % 101 Sale 40 8m 91 m 105m 89 m 60 Sale 93 Sale 55m 91 Sale 79 m 78 m 100 % 42 m 9m 93 m 10534 54 85 M 9 61 m Mar. 57 % Mar. 10 9 57% Mar. 9 10 hlY* Mar. 68 Mar. 11 93 Mar. 11 11 72M Mar. 10 8 14 105m 107m 104 22m 96 m Sale 10854 Sale 9m 8m 115m 116m 71m 109 m 11 Sale 14 72 108 M 10 Sale 108 m m s 114 Sale 111m 96 Sale 96 m 96 m Sale 96 m 108 m a o 5 12 21 10 11 8 27 68 Apr. 11 106% Apr. 17 125 101 % Apr. Apr. 99M Apr. 101M Apr. u5" 114 Apr. 105 107 Apr. 83 83 % Apr. Sale 105M Apr. 84 % 113 M Apr. 116 80 78M Apr. 80 m 78M Apr. 88 79M Apr. 98 Apr. 100m 37M Apr. 43 Sale 7M Apr. 94 9134 Apr. 106m 105M Apr. 71% Apr. Ill Apr. 107 Apr. 109 Apr. 14% Apr. 105 Apr. 105 Apr. 104M Apr. 81 Apr. 107M Apr. 4 14 4 27 22 11 24 65 Mar. 17 74 Mar. 10 Jan. 105 Mar. 6 68 Apr. 86 Mar. 4 Jan. 6 Mar. 31 12634 Jan. 13 Jan. Feb. 6 6 3 125 103 Apr. 100M Apr. 101M Apr. 114 Apr. 107 Apr. 88M Apr. 107M Apr. 28 22 105M Apr. 12 116M Apr. 27 83M Apr. 8 84 Apr. 26 113 34 Apr. 10 6 8 17 Apr. Apr. Apr. Apr. Apr. 106M Apr. 83M 100% 43M 9M 93% 3 1 103 11 103 1 1 3 4 8 28 22 26 25 6 101 10234 Feb. 14 11534 Mar. 14 107 34 Mar. 1 95 Mar. 10 . 79 Jan. Jan. 10854 Jan. 10 12 11834 Mar. 9 Mar. 14 27 89 8 Mar. 14 89 Apr. Apr. Mar. 14 Apr. 14 89 7 10054 Mar. 23 Jan. 6 37 34 Apr. 46% Mar. 14 3 13 34 Feb. 16 734 Jan. 93 34 Apr. 26 87 34 Jan. 28 105 Mar 18 10634 Jan. 27 7834 7834 7934 96% Jan. 6 Feb. 1 54J4 Jan. 4 6 53 85 60 Apr. 62 6 Apr. 10754 101M Feb. 94M Jan. 101M Apr 113M Jan. 19 89 1 9 103 Apr. 14 9 4 106M Mar. 3 125 Mar. 11234 Feb. 20 10734 Mar. 15 109 Apr. 27 1834 Mar. 14 10534 Feb. 23 10634 Jan. 10 Apr. 104M Jan. 106M Jan. 12M Apr. 104M Jan. 103 % Apr. 56M Apr. 89M Apr. 90 80 8034 Mar. 76% 110 Apr. 29 6 Apr. 54 Jan. Feb. 6 Sale Sale 91% Mar. 11 61% Mar. 9 3 98 108 104M Apr. 26 105 Apr. 25 Sale 108 m 109m 8334 Sale 107 M Sale 112 M 112 96 M Sale 96 % 96 m 107 Sale 76m Feb. 12334 Mar. 104)^ Apr. 20 71M Apr. 109 106M Apr. 11 Apr. 10M 114M 114% Apr. Sale 106% Apr. Sale 111M Apr. Sale 104% Apr. 112 Apr. 113 5 94 97 Apr. 93 Sale Apr. 107 M 107M Apr. 72 75 Apr. 1 12 3 25 8 11 10 10 11 11 25 18 72M Apr. 110 Apr. 11 Apr. 114M Apr. 108 Apr. 113M Apr. 108M Apr. 113M Apr. 97 M Apr. 97 M Apr. 108M Apr. 73 Apr. 28 4 3 11 26 21 1 15 3 3 1 18 Feb. 26 "sb" 30 27 Sale o 4 123 % 123 % 107 o 58 99 M 11234 a 65 57 100 m s a 57 ----- 109 mn 44 Apr. Apr. Apr. Apr. 6034 Feb. 17 9054 Mar. 15 6534 Mar. 9 104 9654 "i" 123 m 124 m 108M 110 1142982115m 114% 107 % Sale 107 M 113 m Sale 11254 m 77 72 103 126 m 102 m 102 m 96 m Sale 125 58 129 127 m s 61m Sale 57 84M Apr. 53M Apr. 67 /Apr. 70M Apr. Apr. Apr. Apr. Apr. 77 Sale 74 125 j Sale 77 44 71M Apr. 110 Apr. 11034 112 106m 10654 105% Apr. 109 109m 108M Apr. 12 m 12M Apr. 14% 105 105 Apr. Sale 103 M Apr. 105 103 Apr. 103 m Sale 55 m 106m 107 m 107 107 81m 79 60 107 m 3 conv deb 4s ser a '53 J ATyrol Hydro-Elec Power 7ms- -1955 mn F a AGuaranteed sec s f 7s ---1952 _ Sale Sale 42% 84 65 1966 J d 1949 m s Ujigawa Elec Power sec 7s 1945 Union Electric (Mo) 3 ms 1962 AUnion Elev Ry Chic 1st 5s--1945 Union Oil Cal 30-yr 6s ser a May '42 3 ms debentures --1952 Union Pac rr 1st & land gr g 4s_ 1947 First & refunding 4s June 2008 1st lien & ref 5s -.June 2008 24-year 3 ms debenture 1970 35-year 3Ms debenture 1971 United Biscuit (Amer) deb 5s—1950 United Cigar-Whelan Stores 5s 1952 41 Sale 70 8,000 Tri-Cont'l Corp 5,000 110,000 10,000 12,000 185,000 186,000 157,000 14,000 134,000 157,000 10,000 3,000 38 45 % Sale 87 m 62 J 1950 A O 4s c. -1942 m S Trenton Gas & Elec 1st 5s Sale Sale Sale j Tokyo Electric Light (Ltd)— 1st m 6s $ series June 15 1953 J d 198,000 21,000 Tol & Ohio Cent ref & imp 3 Ms-1960 J d 4s Sale Sale 46 m 47 Sale 73 m 75 m a *AThird Ave rr 1st gold 5s 1937 j Tide Water Assoc Oil deb 3 ms_-1952 J g Sale 47 m 49 m 83 m 59 % j 1980 j Tex Pac—Mo Pac Term 5 ms a.1964 m S j Third Ave 1st ref 4s •_ —1960 J AAdjustment income 5s_-Jan 1960 a o Tol WVa&Ohio 1st guar Tor Ham & Buff 1st 4s Sale Sale Sale 102 m m 71m J Gen & ref 5s ser d 5,000 Tol St l & West 1st Sale 102 m 102 41 46 Sale 102 J 1977 A --1979 A Gen ref 5s ser b Gen & ref 5s series c Sale 84 A 1951 J Conv deb 6s series b 1944 22,000 570,000 Tenn Elec Pow 1st 6s series a. 1947 9,000 Term rr Assn of St l 1st g 434s 1939 First cons g 5s 1,000 1944 Gen ref s f gold 4s 141,000 __._-1953 10,000 Texarkana & f s Ry 5ms a guar 1950 171,000 Texas Corp deb 3 ms 1951 Texas & n o cons g 5s 1943 2000 25,000 Texas & Pacific 1st g 5s 56 58 % 54 m 54 % 55 _ 2,000 Tenn Coal Iron & rr gen 5s Tenn Copper & Chem— 101 Jan. 7134 Mar. 10634 Apr. 934 Jan. 11451 Apr. 10634 Apr. 11134 Jan. 10434 Apr. 110 Mar. 94 Apr. 93 Apr. 10734 Apr. 72 Apr. 100 Feb. 124 Jan. Jan. 109 27 23 31 23 54 Feb. 26 Jan. 24 Jan. 21 85 110 13 11634 10934 11434 10834 11654 9934 99 9 Mar. 13 Feb. 7 Jan. l7 Jan. 7 Feb. 6 Mar. 3 Feb. Mar. 20 8 Mar. 11 10934 Jan. 8334 Jan. 24 3 30 N. T. STOCK EXCHANGE—BONDS CO Sales in Price Co April BONDS Value N. Y. STOCK EXCHANGE 1939 Bid $ 1953 M S 1944 M S *|iUnited Rys St L 1st g4s__ 1934 J J ITU S Pipe & Fdy cony deb 3 Ms_ 1946 M N U S Steel Corp 3 Ms debs 1948 J D AUnited Steel Wks g 6Ms ser A 1951 a6Ms series C. 1951 ASinking fund deb 6 Ms ser A 1947 United Stockyards 4Ms w w____1951 Utah Light & Trac 1st & ref 5s__1944 183,000 United Drug Co (Del) 5s. U N J RR & Canal Co gen 4s. 69 5,000 *AVera Cruz & Pacific 1st 4 Ms 1934 * iJuly 1914 coupon off 86,000 Virginia Elec & Pow 3 Ms ser B..1968 3,000 Va Iron Coal & Coke 1st g 5s... 1949 1,000 Va & Southwest 1st guar 5s 2003 1,000 First cons 5s 1958 ser *ADes Moines Div 1st g 4s AOmaha Div 1st g 3 Ms aToI & Chic Div 1st g 4s 119 Sale 8,0uu Sale Sale 67 Sale 66 M Sale 67 Sale 100 M 105 Sale 98 100 96 87 97 Sale Sale Sale 99 M A 65 3 O 62 MN, 49 F 28 J 3 Wash Wat Pow 1st ref 5s. 25 Sale Sale 19 50 17 M 15M Sale" 38 O 12 Sale 12 Sale O A O O 92 M ..... 45 M 35 78 106$ 3 S 23 % 23 Sale 60 62 62 Sale 62 M Sale 21M 55 M 22 V8 Sale J J 3 D 48 103 M 107 M M S M 8 A 93 M MN J 84 M 91 Sale 88 i960 M S 3 1953 J F 120 i04M 29,000 M S AAssented... 58,000 Western Union Teleg 4Ms gold.1950 M N 1947 Winston-Salem S B 1st 4s_ I960 Cent 1st gen g 4s. _1949 ACertificates of deposit 12*666 *ASup& Dul Div&Ter 1st 4s.1936 MN 10,000 ACertificates of deposit 73,000 Wisconsin Elec Power 3 Ms 1968 A O 45,000 Wisconsin Public Service 4s 1961 J D t AWorces & Conn East Ry 4 Ms -1943 J 3 80",666 t AWisconsin 78 M 40 107M Apr. Sale 84 M Sale 15M 18 Sale iibx Sale V 5 108 QH 20 Sale 110 58 M 60 15 56 10 8 11 8M 8M 8 7M 10 105 6 60M 11 14 101M Apr. 1 Sale Prices 4 81 Mar. 16 30 110M Feb. 25 6 30 Feb. 2 28 118M Mar. Feb. 11 106 50 Jan. 11 Jan. 27 50 50 M Jan. 13 Jan. 20 90 Jan. 26 93 98M Mar. Apr. 11 99M Mar. §§** Jan. 66 3 69 M Jan. 65 H Jan. 3 69 M Jan. 10 28 4 4 4 9 13 15 10 10 96 Apr. 10 103M Mar. 10 106M Feb. 10 106M Feb. 10 106M Jan. 24 106M Jan. 24 H Jan. 27 M Jan. 9 107% Jan. 27M Jan. 72 54 Jan. Apr. 105K Jan. 25 110M Mar. 2 18 35 Jan. 12 4 72 Jan. 4 26 63 Mar. 8 30 107M Apr. 35M Apr. 27 15 Apr. 10 1 24M Apr. 48 Apr. 11 49 M Jan. 28M Jan. 21 10 3 Mar. 16 28 52 M Feb. 17 Jan. 15 M Apr. 21 40M Jan. 6M Apr. 6 Apr. 5 Apr. 6M Apr. 104M Apr. 56 Apr. 11 15 1 17M Mar. 16 43 Apr. 15 10 14 Jan. 4 10 13 Jan. 3 Jan. 6 17M Apr. 8 12M Jan. 11 Jan. 5 Jan. 11 3 5 13 10 107 M 6 66 M 23 80 Jan. Jan. 4 89M Jan. 24 101M Mar. 30 91 4 Apr. 90M Apr. 22 86 Jan. 24 95 89 3 35 Apr. 26 Apr. 11 47 Mar. 16 40 Mar. 31 40 Mar. 31 43 M Apr. 40 Apr. 12 108 Apr. 1 5 84M Apr. Apr. 3 1 12 106M Apr. 26 16M Apr. 28 28 28 11 11 11 29 27 6 17 10 15 11 14 91 3 3 16M Apr. 3 Apr. 62 Apr. 20 3 60M Apr. 3 20M Apr. 1 50 Apr. 4 45M Apr. 6 104M Apr. 110M Apr. 24 1 93 Apr. 60 9 Apr. 102M Apr. 93M Apr. Feb. 27 90M Apr. 22 5M 5M Sale 28 108M Mar. 7 26 107M Feb. 1 100 23»2 Apr. 14 101M Jan. 21 123 M Feb. 6 125M Mar. 1 106M Jan. 107 iJan. 3 108 M Mar. 10 105M Jan. 4 121M Apr. 21 119M Jan. 110M Apr. 13 111M Jan. 27 105 8 107 Apr. Jan. 9 77 Apr. 27 89 M Mar. 9 Mar. 10 82M Apr. 27 95 104M Jan. 24 107 M Mar. 27 15 Apr. 26 23 M Jan. 4 13M Apr. 28 23 K Jan. 3 56 Jan. 8 Apr. 24 28 66M Mar. 11 57X Apr- 11 68 Jan. 26 67H Mar. 10 22X Mar. 7 57 Mar. 10 17M Jan. 28 Mar. 13 47M Apr. 29 59 43 52 M Mar. Apr. 27 9 6 104H Apr. 104M Apr. 6 109M Jan. 19 110M Mar; 13 Jan. 20 90M Apr. 10 97 101 % Jan. 11 101 Jan. 9 6 Jan. 12 10$ Mar. 3 100M Apr. 11 103 X Mar. 29 88M Apr. 14 97 M Jan. 20 110 10 10 Jan. 7 Apr. 31 113 Mar. 11 10 11M Jan. 3 15 9M Mar. 10 5 7 Apr. 14 Mar. 11 3 4M Feb. 5H Jan. 4 106M Jan. 30 108 M Apr 29 8M Feb. 5 Apr. 5M Apr. 106M Apr. 108M 108 M 108M Apr. 8M 8M 9M 4M 4M 108 M 10 Apr. 27 82M Apr. 27 Sale 7 14 Sale if 16M 43 1 77 105$ 106M 105$ Apr. Sale 5 11 14 1 00 2532Apr. 10 3 124M Apr. 27 124M Apr. 8 108% Apr. 11 106M Apr. 121 8 121M Apr. 21 Apr. 6 Apr. 110M Apr. 13111 4 105 8106 Apr. Apr. Apr. 13M Apr. Apr. 61 58 M Sale 57% Apr. Sale Sale 58 57 Apr. Sale 19 18 Apr. 21M Sale 47 M Sale 50 47M Apr. 43 46 43 47 Apr. 104M 104$ 104M Apr. 95 M ill" 109M ill"" 110 Apr. Sale 92 M Sale 93 90M Apr. 99 10/1M 102 9 8 8M 9M 8M Apr. 101 % Sale 102 M Sale 100H Apr. 93 M Sale 89 M 91 88M Apr. 110M 110M 8 8 7 7M Apr. "~9M 15M 6 19M 24M 50M 17 M 15M 1 5 Apr. 3 Apr. 1 Apr. 6 Apr. 1 Apr. 6 Apr. Apr. 15 1 Apr. 3 Apr. 3 Apr. 1 Apr. Apr. 24 3 Apr. 100 23 32 Apr. Sale "59" 10 8 5 Apr. 5 Apr. Apr. 11 Apr. 26 Apr. 21 Jan. 70 107 M 105 M 106 M 108" 5 40 ..... Sale 40 Apr. 26 Apr. 11 1 Apr. 111M 101M 101M TVs Sale 101M Sale 94 H 94 H 109M 11M Sale 14 8% 6H 5M 5H 4M D 1955 25 89 35 100>»32l00% 124M 125M 124 M 125 M 108M 108M Sale 121 121M 121 121M 110M 110M Sale 106 106M 105 M 106 111 M O 90 Sale 1001532 107 M 82 H 2361 J Sale 27 Apr. 69 109M Jan. 24M Jan. 102 M Apr. 104 Apr. 36 Apr. 37 Apr. 35M Apr. 85 M Apr. 75 Sale 100M Apr. 87 90 Apr. 89M 90 Sale 1 60 89 M 40 M Sale 107 M O West Shore 1st 4s guar M Sale 40 50 D AWestphalia Un El Pow 6s 100"«2 39 M 1963 M S J 1966 J 1951 J Sale 90 89 Sale 102 M Gold 5s__. 56 M 101 90 J ..... 6 Sale 84 Sale 106M D Gold 5s 6M 6M 9M Va 101M 123 M 105M 119M 110M 1952 J 7 Sale 104 M 105M 105 58 M Sale 58 Sale 76 13 41 7M 106M 107 M J 1950 1967 3 35M Apr. 15 Apr. 25 M 24M Apr. 48 Apr. 17 M Apr. 15 M Apr. 19 41M Apr. ~~7M 6M Apr. 6 Apr. 5 Apr. 6M Apr. 106"' 104 M Apr. 56 77 M Apr. 15M Sale Sale A Apr.* 10 100M Apr. 36 Sale 35M 17M 48" 19 41M 13 D Sale Sale 13M A Registered 2361 Wheeling & Lake Erie Ry 4s D.1966 Wheeling & L Erie RR 1st con g 4s '49 129,000 Wheeling Steel Corp 4Ms ser A..1966 White Sewing Machine deb 6s. .1940 31*666 t* AWilkes-Barre & East 1st gu g 5s'42 42 M Sale 38M 24 M 50 M A 3 85 % Sale 109 M g* 'if* J 40 83 M 96 96 % I05 " 31M F 175,000 West Maryland 1st g 4s 1952 76,000 First &jref 5Ms series A— 1977 29,000 West N Vr & Penn Gen gold 4s__1943 A 41,000 J a Western" Pacific 1st 5s ser A. .1946 M 95,000 Wilson & Co 1st M 4s ser A Conv debentures 3 Ms 32,000 100 Sale M S 1939 10,000 Westchester Light gold 5s 53,000 Gen mtge3Ms_. 20,000 West Penn Power 5s series E 17,000 1st mtge 3 Ms series I 22,000 West Va Pulp & Paper 4 Ms 89 M M M Apr. 8 M 109 M 109 M 108M Apr. 11 109M Sale 30 42 M 31 42 M Apr. 5 31 55 72 72 83 Apr. 11 72 54 54 40 M 60 60 Apr. 26 54 Sale 106 106 M 107M 107 Apr. 11 107M 106H Sale A Apr. 20 Apr. 8 Apr. 3 Apr. 27 38$ Apr. 3 3 39M Apr. 87 Apr. 12 97 Apr. 1 97 M Apr. 1 68 Apr. 5 68 Apr. 5 109 M 31 108M Sale 35 40 H M S 38M 47 M 90 Sale J M 5 J 36 Sale Sale J 3 105M 46 105 3,000 Warren R R 1st ref gu g 3 Ms—2000 F A Wash Cent Ry 1st g 4s 1948 QM Wash Term 1st guar 3 Ms 1945 F A 1st 40-year guar 4s A 1945 176,000 231,000 12,000 111,000 12,000 7,000 4,000 1 Highest Sale Prices 76M Apr. 20 27 M 108 M 105 M 37 M 104 Sale 98 15~,666 "4"OO6 Sale 97 % 66 M Sale 106 1948 M 5 1941 M S 6s debentures 28 66 J Sale Prices 10 Apr. 36 Apr. 37 Apr. 35M Apr. 85M Apr. 93 Apr. 93 % Apr. 66 Apr. 66 Apr. 94 523,000 Warner Bros Pictures conv deb 6s '39 M S 47,000 M S Certificates of deposit 187,000 t a Warren Bros Co. deb 6s Sale Prices 70M Apr. Lowest Highest 110 109 28 27 27M Apr. 102 M 102 H 102M Apr. 94 M 66 1955 A 6s debentures— Sale 76 108M 111 105M Sale J 1939 J 1941 A O 1941 M S 44,000 JiWabash Ryref &gen 5Ms A..1975 79,000 ARef & gen 5s (Feb '32 coup) B "76 73,000 ARef & gen 4 Ms series C 1978 48,000 ARef & gen 5s series D 1980 45,000 Walker (Hiram) G & W deb 4Ms 1945 46,000 Walworth Co 1st mtge 4s 1955 Sale 75 105M 49 M 49M 49M 88 M A 1966 M S 117,000 t*AWabash RR 1st gold 5s..._.1939 51,000 *ASecond gold 5s 1939 10,000 Alst lien 50-year gold term 4s 1954 6,000 ADet & Chi ext 1st g 5s 1941 Ask Ask Bid Bid 1957 M N B 206,000 Virginian Ry 1st & ref 3 Ms RANGE SINCE JAN. Lowest April 29 117 33,000 Vanadium Corp (Am) conv 5s__1941 A O Vandalia consol g 4s A 1955 F A 3,000 9,000 11,000 Ask Sale 1 108 % 26 - 4s series April 108*i 110 24 M 25 . 4,000 211,000 364,000 18,000 8,000 3,000 3,000 119,000 279,000 Utah Power & Light 1st 5s 1944 47,000 inutilities Pow & Lt deb g 5Ms 1947 169,000 *ADebenture 5s —1959 Consol PRICES IN APRIL Jan. 3 14 12 6 Apr. 5M Apr. Apr. Apr. 11 108M 18 110M 5 12 29 4 107M Jan. 5 J an. 9 110 M Mar. 29 9$ 23 Feb. 14 Youngstown Sheet & Tube- 1,289,000 250,000 1948 M S 1961 MN Convertible deb 4s 1st mtge s f 4s series C ♦ Negotiability impaired by maturity, i Bonds selling flat. \ The following bonds have redemption in their entirety: Sale 101M Sale 100 Sale 165 103 M Apr. Sale Apr. Apr. 3 8 103 1 105M Apr. 27 100 Mar. 31 110 103 H Apr. been called for Hackensack Water 4s, 1952, Apr. 26 at 105. Nat'l Distillers 4Ms 1945, May 1 at 104. Nord Ry. Co. 6Ms, 1950, Oct. 1 at 102. Paris Orleans RR. 5Ms, 1968, Sept. 1 at par. U. S. Pipe & Fdy. 3Ms, 1946, May 20 at 102. t The price represented is the dollar quotation Accrued interest payable at exchange rate of $4.8484. e The following cash sales during the current month and of the Bankruptcy 103H- 101 104M Sale Sale J Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 Brown Shoe 3 Ms, 1950, April 13 at 105. Cine. Un. Term. 5s, ser. C, 1957, May 1 at 105. Comm'l Inv. Trust 3Ms 1951, Apr. 15 at per 200 pound unit of bonds. 109 M 104 M Jan. 1 107 H Mar. in the monthly or yearly range: such a the Act, or securities assumed by companies. n Under the rule sales, only transactions of the Cash sales, only transactions of the current month, and not included in year's range. t Odd-lot sale not included in x z The following deferred delivery sales year's range: 1940-43, Mar. 28 at 104.22 Ex-interest. 4 were transacted during the current month and are not included in the monthly or yearly range: current month and not included in year's range. Treas. transacted not included Mich. Central 4s, 1940, Apr. 10 at 99M. Deferred delivery sales, only transactions of month, and not included in year's current range r were are Antwerp 5s, 1958, Apr. 11 at 85. Budapest 6s, 1962, Apr. 3 at 8M. Chile 6s, Feb. 1961, assented, Apr. 18 at 8. Oriental Dev. 5Ms, 1958, Apr. 13 at 48M. Siemens & Halske6Ms. 1951, Apr. 19 at 56M. Tokyo City 5s, 1952, Apr. 26 at 37%. New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING APRIL 1939 Shares_ Jan. 1 to April30 1939 April. 17,119,104 78,792,899 20,246,238 83,865,085 1938 $122,804,000 586,921,000 $139,715,000 Bond Sales 1938 1939 Stock Sales April Jan. 1 to April 30- Exchange, effective Oct. 3,1915, all stocks are now lots except in the case of stocks which sell only in a small way. in accordance with a rule or the Stock —- 602,650,000 quoted dollars per share. Prices are on a basis of 100-share disregarded in the month's range, unless they are the only transactions of the month, and when selling in the month in which they occur. No account is taken of such sales in computing the NOTICE—Cash and deferred delivery sales are outside of the regular "*Anthly range are shown in a footnote range for the year. ■ AGGREGATE SALES In Jan. 3 EXCHANGE 1939 April 1 Avril Jan. 1 Shares Shares 3.300 . 220 250 1,300 25,400 1,700 4,800 19,400 2,200 128,700 l3u 13U 25,000 90,900 108,400 22,600 23,700 13,550 130,000 13,700 40.200 7,500 23,200 7,400 9,200 2,350 33,400 4,900 14,500 1,600 10,100 68,200 2,000 55,100 4,600 4,400 100 14,100 4,500 12,100 460 11,800 10,600 340 14,600 800 30,200 5,100 20,500 100 2,200 20 4,200 6,700 4,800 420 16,500 15 27,300 10,100 5,100 6,000 2,500 19,200 900 5,500 7,900 2,000 8,900 34,900 2,300 14,600 4,200 15,100 400 740 75,400 10,400 14,700 153,300 720 60,000 3,900 6,400 2,800 1,080 65,500 700 1,400 70 53,400 3.400 Adams Express--. Adams Millis d Ask * >7 58* — 100 118* 130 -* 25 320 Abraham & Straus Acme Steel Co 47,300 86,600 7,300 12,600 73,700 11,200 10 42~500 Par 13,600 Abott Laboratories. 620 4* conv preferred * -— * Addressograph Multigraph—10 Air Reduction Inc * Air-Way E)ec Appli Corp * Alabama & Vicksburg Ry—100 Alaska Juneau Gold Min—10 Albany & Susquehanna RR.100 Allegheny Corp -* Pref series A $30 warr'ts-100 $40 warr'ts-100 Pref series A $30 ex-war-100 $2.50 prior conv pref * Alleghany Ludl'm Steel Corp * Pref series A Allen Industries 43,900 Allied Mills Co Inc 215,000 Allied Stores Corp 8,500 5% preferred — Sale 6M Sale 7 Sale Sale Sale Sale Sale Sale Sale Sale 60 aVA Sale $6.50 conv preferred......* Sale 11* Sale Sale Sale Sale 15* Sale Sale Sale 14 18 Sale Sale Sale 16* Sale Sale Sale 53 Sale 85 36* Sale 134 134 Sale Sale 171* 173 Sale 21* Sale 36 Sale 115 Sale 17* 8 Sale Sale 67* Sale 9 Sale 7 61 2* 5* 6* 7 Sale Sale Sale 50u Sale Sale Sale 29 Sale 44 31 Sale 1* Sale 17 Sale Sale Sale 40 122 Sale Sale Sale Sale 4* 17*. 51* 12* Sale 29$ Sale Sale Sale 16* Sale Sale 18* Sale Sale Sale 148 Sale Sale 82 Sale Sale Sale Sale 24* Sale JA Sale i| * a?" 50 2* 164 2 Sale Sale 165 Sale 14 Sale Sale 55 57 22* Sale i§* d* Sale 19 81* Sale 16* Sale 154* Sale 80 Sale 82 16 Sale 16* 80 Sale 81* Sale 157*. Sale I9# 81* Sale Sale 150* 150* 148* 150 Sale 5 4* Sale Sale 9* Sale 8i* si* 92 Sale 75 86 4 29 Sale Sale J°A Sale 30 23 23 25 55 41 Sale 17 Sale 23* 43 Sale 35 112* 114 11 22 8 59 5* 37* 11 126 * 1 91 11 8 170 11 8 8 23* 38* 17* 18 105 20 116* 5 14 8 7 10 8 11 8 1 64 1 3* M 29* Sale 28 Sale 38 Apr. 4 164 11 45 16* Apr. 4* Apr. 8 8 1 8 14* Apr. 47 Apr. 11 8 11 Apr. 2* Apr. 11 28 10* 158* 12* 50 Sale Sale 26 41* Apr. 1* Apr. W 9 4 4 11 15* 1* 13* 64* 17* 13* 29 Sale 22* Sale 9* Sale 8 8 Apr. 12* Apr. 10 5 Apr. 10 10 Apr. 11 8 12 Apr. 8 2* Apr. 8 25* Apr. 27 Sale Ill 120* 117* 23* 24* Sale Sale 3* 38* 32 II* iUH 120 Apr. 33* Apr. 31* Mar. 6* Apr. 19* Apr. 19* Apr. 45* Apr. * Jan. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1 12 3 3 3 3 3 3 27 1 6 3 3 25 3 Feb. 1 4 25 13 3 4 28 3 6 22 13 3 3 25 18 6 5 3 1 3 26 3 11 Apr. Apr. 20 Apr. 10 Apr. 10 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 8 8 19 10 11 10 10 13 10 17 14 25 20* Apr. 10 8 8* Apr. 9 1 Apr. 15* Apr. 11 77* Apr. 19 8 14* Apr. 148 Apr. 10 73 Apr. 11 75* Apr. 11 147 Apr. 10 8 4* Apr. 8* Apr. 11 78 Apr. 10 8 3* Apr. 10 10 11 11 20* Apr. 35 Apr. 11 8 17* 13* Apr. Ap". 11 114* Ill 2* 16* 7 12* 13* 4* Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 3 3 2 12* 25* Apr. 9* Apr. 11 Apr, 19* Apr. 82* Apr. 16* Apr. 159* Apr. 82 Apr. 84* Apr. 150* Apr. 5* Apr. 10*. Apr. 87* Apr. 4* Apr. 31 * Apr. 5* Apr. 24 Apr. 26* Apr. 42 Apr. 18 Apr. 112* Apr. 3 47 11 8 3 4 3 3 1 28 3 27 25 4 4 Jan. 3 .Jan. 21 Jan. 4 Jan. 3 Mar. 1 Jan. 5 Jan. 3 Jan. Jan. 3 20 Jan. 3 Jan. 3 3 Jan. Jan. 6 Jan. 4 Jan. 4 6 3 Mar. Jan. Feb. 17 Jan. 4 Jan. 5 Jan. 4 Mar. 9 3 Jan. Apr. 5 4 164 27 3 Mar. Jan. Jan. 16 3 3 3 Jan. Feb. 3 20 3 3 8 3 9 Jan. , 12 10 4 Mar. Jan. 2* 25* 41* 1* 14* 4* 14* 3 3 4 Jan. Feb. 2* Apr. 25 3 Jan. Feb. 24 Jan. 61 29 18 Apr. 12 5 4 5 27 30 20 Prices Mar. 15 Mar. 10 Mar. 9 Jan. 6 Jan. 4 Mar. 3 Jan. 5 Jan. 4 Jan. 3 Feb. 20 Jan. 3 Apr. 5* Apr. 5* Apr. 6* Apr. 10 20 8 28 1 4 14 3 1* 18* 5* Apr. 19* Apr. 53 Apr. 12* Apr. 3* Apr. 31* Apr. 119* Apr. 24* Apr. 5 Apr. 40* Apr. 35* Apr. 13* Apr. 159* Apr. 15* Apr. 56* Apr. 13 Apr. 13* Apr. 30* Apr. 41* Apr. 132* Apr. 63 Apr. 148 Apr. 31 12* Apr. 1* Apr. 13* Apr. 50 Apr. 16 Apr. 10* Apr. 51 Apr. 3* Apr. 31* Apr. 125 Apr. 83* Apr. 167* Mar. 17* Apr. 32 Apr. 13* Apr. 105 Apr. 109* Apr. 3 4 f 10 8 6* Apr. 11 117 Apr. 12 * Apr. 10 6* Apr. 10 5 Apr. 8 5* Apr. 8 9 Apr. 8 14 Apr. 8 6* Apr. 11 151* Apr. 10 10 Apr. 10 9* Apr. 10 6 Apr. 11 54* Apr. 11 28 Apr. 8 5 12 11* 12* 10* 12* 11* x27 28 Sale 27* 35* Sale 37 40* Sale 129* 131* 137* 128* 130 65 59* 63 62* Sale 148 Sale 149* 148 12* 38 Sale 113* 4* 46 Sale Sale Sale Sale 1* 17 11* Sale Sale 45 Sale 119* 125 WA 2* Sale 15 14* 5* Sale 12 11* 13* Sale 4 3* 26* 28 il* Sale Sale 500 47 Sale 73 Sale 160 Sale Sale 12* Apr. 1* Apr. 13* Apr. 50 Apr. 16 Apr. 10* Apr. 51 Apr. 3* Apr. 31* Apr. 125 Apr. 83* Apr. 167* Apr. 17* Apr. 32 Apr. 13* Apr. 105 Apr. 109* Apr. 14 Apr. 5* Apr. 5* Apr. 6* Apr. 61* Apr. 2* Apr. Apr. 8 Sale Sale 38* Sale 33* Sale Sale 8 7* 65 61* 3* Sale 9 6* Sale 11* Sale 12* 13* 3* Sale Sale Sale 15 Sale 2* Sale 14 Sale Sale 17 105 Sale ry Sale Sale 35* Sale 15* Sale 100 115* 115* 120 14 15* 164 25 Sale Sale 6% preferred -—.100 American Type Founders—..* Am Wat Wks & El..—....-.* $6 1st preferred..—....—* American Woolen...—......* Preferred .—100 Amer Zinc, Lead & Smelt... 1 $5 prior conv pref—.....25 For footnotes see page 40. i!« Sale 4* Sale 33 9 12 117 1 10 * Apr. 6* Apr. 10 10 8 5 8* 6* Apr. 8 8* 5* Apr. 8 9 Apr. 12* 8 Sale 14 18* Apr. 6* Apr. 11 8* aVA Sale 151* Apr. 10 166 Sale 10 Apr. 10 10K 9* Apr. 10 10* Sale 6 8* Apr. 11 62 54* Apr. 11 61* 8 36* Sale 28 Apr. Sale Sale Sale Hocking Glass Corp * 58 168 Sale Anchor 15* 1* 13* 57* 16* 11* 131 6% preferred...........100 Anaconda Copper—-—.-.-50 Anaconda Wire & Cable..—.* 10* 10* 7* 59* 34* 132 Sale 211,100 Amer Steel Foundries. 64,300 American Stores.—.....—..* Class B 166 176* — Amer Telep & Tel eg-—-—-100 American Tobacco.........25 ii* 16* 6* Apr. 11 Highest Sale Prices 53 Apr. 11 68 Apr. Sale Sale Sale Apr. 11 3 Apr. 10 123* Apr. Apr. 1 Apr. 8 38 Apr. 6 33 Apr. 3 3 7* Apr. Apr. 8 Apr. 1 Apr. 28 22 3 Apr. 1 22* Apr. Apr. 4 52* Apr. 15 3 * Apr. Apr. 6 Sale Sale 13,900 Alpha Portland Cement---—* 17,300 Amalgam Leather Cos. Inc—1 800 6% cum preferred —50 40,000 Amerada Corp ——* 21,300 Am Agric Chemical (Del) new * 10 49,700 American Bank Note—. 3,040 6% preferred 50 36,600 b American Bosch Corp.——1 45,200 Am Brake Shoe & Fdy_———* 930 5* % conv preferred——100 25 58,300 American Can Preferred ——---100 5,400 107,500 Amer Car & Foundry——-* Preferred -———-100 18,900 92,510 American Chain & Cable—.— * 1,000 5% preferred.—------100 -—---* 6,800 American Chicle 20 Am Coal Co of AUeg Co N J-25 14,100 American Colortvpe— 10 -20 27,600 Am Com Alcohol 20,200 Amer Crystal Sugar Co-.—-10 2,550 6% 1st preferred -—100 68,100 Amer Encaustic Tiling-.—--1 500 Am European Securities—--* lu American Express Co 100 86,100 Am & Foreign Power-.——..* 40,100 $7 preferred---— —-* 2d preferred A—.——-—-* 26,500 23,000 $6 preferred— —* 9,700 Am Hawaiian Steamship——10 68.300 American Hide & Leather—.1 6,900 6% preferred 50 18,400 Amer Home Products..—-.1 * 23,700 American Ice—.....—-. 9,400 6% preferred 100 40,200 Amer Internal Corp..——-—* 140,000 Amer Locomotive-——-—-—* Preferred --100 13,500 43,300 AmMach & Foundry———.* 17,700 Amer Machine & Metals-—.* 76,000 American Metal-.———* 1,100 6% conv preferred- ——100 3,950 American News Co new.——* 316,700 Amer Power & Light-—.——* $6 preferred 76,600 * $5 preferred 98,300 -—-—* 653,400 Am Radiator & Stand San—* Preferred —.———100 830 266,300 American Rolling Mill——.25 16,400 4*% conv preferred—100 31,800 Amer Safety Razor---.—18.50 * 12,300 American Seating Co 6,160 American Ship Building-..—* 229,500 Amer Smelt & Refining.—.* Preferred —.—.—.—100 8,600 7,400 American Snuff..—-———.25 690 200 117 Lowest Highest Sale Prices 59 Apr. 1 Sale Prices .isa Sale 62 Sale Amer Sumatra Tobacco......* Ask 55* 53 58* Sale 53* 120 130 123* 149* 120 42 Sale 35 33* 38 Sale 33 33) 31* 32 Sale 7 6* 21 19* 21* Sale 22 19* 20* 20* Sale 49 50* 45* 46% Sale 1 * * 0_* 67 Sale 8 6* 8* Sale Sale Sale 480 Lowest April 29 Ask Bid Sale * 226,100 Aliis-Chalmers Bid Sale 100 Mfg.———* 250 800 5,300 7,900 33,800 9% Sale * 5 —* 224,900 1,900 8,400 2,300 55,400 7,200 19,800 1,500 13,800 76,900 Sale 1* Sale 65 Sale 12* American Stbve Co.—.... —* American Sugar Refining.. 100 Preferred .........100 5,500 2,300 45 45 Sale 20* 20* 26% Sale Sale 1,500 27,300 13,800 8,400 187,500 31,300 69,400 7,000 51,100 404,400 3,700 27,900 37,800 96,100 1,300 1,073,100 8,700 27,000 400 35* 42* 10 * 1 Inc Allied Ghem & Dye Allied Kid Co RANGE SINCE JAN. 1 PRICES IN APRIL Price. STOCKS N. Y. STOCK Since 2* 117* 23 Mar. 22 Feb. Apr 4 ; Jan. 20 Apr. Apr. Apr. Apr. Apr. Apr. Mar. Apr. Apr. Jan. Jan. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Mar. 11 5 Mar. 11 Jan. J an. 7 Feb. 2 Feb. 3 Mar. 14 Mar. 23 Feb. 9 Jan. 5 Jan. Jan. Jan. Jan. Jan. Mar. 20 Jan. Feb. Jan. 3* Apr. 32 Apr. 28 Apr. 10* Apr. 158* Apr. 12* Apr. 50 Apr. 11* Apr. 10* Apr. x27 Apr. 35* Apr. 129* Feb. 59* Apr. 148 Apr. 20* Apr. 10 3 8* Apr. 27 9 Apr. 29 15* Apr. 4 75* Mar. 1 14* Apr. 27 148 Apr. 3 73 Apr. 3 75* Apr. 4 147 Jan. 3 4* Mar. 3 * Apr. 6 78 Apr. 12 3* Apr. 4 28* Apr. 3 4* Apr. 11 24 Apr. 3 20* Apr. 3 35 Apr. 25 13* Apr. 6 Ill Jan. 3 6 Mar. 11 Mar. 11 : Jan. 4 Jan. 5 'Jan. 4 Jan. I Mar. 4 1 Jan. 3 i i Mar. 10 i Jan. i 5 Mar. 21 I Mar. 21 i Jan. 18 41 4 Feb. 20 Feb. 18 Jan. 3 Jan. Jan, 9 Jan. 4 Mar. 11 Jan. 19 Jan. 16 Jan. Jan. 24 5 20 Mar. 10 Jan. 10 Jan. Jan. 10 Jan. Jan. 7 5 Jan. Jan. Jan. Mar. 21 32 N. Y. STOCK EXCHANGE—STOCKS AGGREGATE SALES In Price STOCKS April Shares 70 1,900 50,700 3,100 Avril 1 Par 3,900 Andes Copper Mining Co—20 2,200 APW Paper Co * 6,300 Archer Daniels Midland * 280 Preferred 100 5,800 Armour (Del) 7% preferred-100 166,200 Armour of Illinois —-_5 , 12,600 $6 convertible preferred * —100 * 300 15", 100 4,400 14,200 10 21,700 1,200 200 700 310 180 71,100 4,900 18,300 1,100 1,800 21,900 1,500 31,400 2,800 900 7% preferred 69,500 Armstrong Cork Co_l 22,500 Arnold Constable Corp__ 5 51,000 Artloom Corporation * 170 7% preferred -100 83,300 Associated Dry Goods 1 2,600 6% 1st preferred —100 2,000 7% 2d preferred 100 2,300 Associated Investment Co—* 770 5% pref with warrants-_ 100 530 5% preferred ex-warr—100 306,100 Atchison Top & S Fe— —100 29,200 5 % preferred 100 76,900 Atlan Coast Line RR 100 11,300 Atl G & WI SS Lines * 20,500 5% preferred 100 84,700 Atlantic Refining----25 3,500 4% conv pref series A 100 129,200 Atlas Corp 5 9,200 6% preferred .50 4,600 Atlas Powder * 1,110 5% preferred 100 4,500 Atlas Tack Corp * 13,400 tAuburn Automobile * 7,900 Austin, Nichols & Co * 1,160 $5 prior A * 337,000 Aviation Corp (Del) The 3 __ _ _ — 210 , , 1,700 3,300 1,700 370 75,800 RANGE SINCE JAN. 1 1939 Shares 1,100 1,200 2,000 PRICES IN APRIL Jan. 3 N. Y. STOCK EXCHANGE Since Jan. 1 Locomotive Works 413,800 Vot trust ctfs when issued-13 225,200 Baltimore & Ohio 100 Bid 14% 2% 28% 121% 101% Ask Bid 11 Sale Sale 2 Sale Sale 23 Sale 23% l02" Sale 102 104 98 Sale 4 36 40 4% 6 Sale Sale 38 Sale 65 35 75 56 57% Sale 11 Sale » Vi, 75 10 % 65 52 % 34 % 94 91 42 iv 1!* Sale 77 Sale 71% Sale 38% 86 Sale 6% Sale Sale Sale Sale 111 Sale Sale 7Ay* 32 8% Sale 36% 9% 6% 75 Sale 10% 80 7% ?3% 94 Sale 77 54 42 52 30% 32 95 90 92 100 Sale Sale Sale 16% Sale il* 18* Sale Sale Sale Sale 7% Sale 50 56 118% 124 5% Sale Sale i» Sale 27 5% Sale 89% 100 26 % Sale 53% Sale 17% Sale 7% 6% 10% 12% 19% 18% 104% 105% 7 Sale 43% 45 48 51 120% 123% 4% 2% it* 5 3 Sale 22% 5% Sale 21 Highest Sale Prices Sale Prices 8%. Apr. 1% Apr. Apr. 117% Apr. 97% Apr. 3% Apr. 33% Apr. 21 50 33% Apr. 9% Apr. 5% Apr. 80 Apr. 5% Apr. 73 Apr. 41 Apr. 30 Apr. 91 Apr. 89% Apr. 23% Apr. 51% Apr. 15 Apr. 6 Apr. 10 Apr. 19 Apr. 104% Apr. 7 Apr. 43% Apr. 52 Apr. 120 Apr. 4% Apr. 2% Apr. 2 Apr. 20% Apr. 4% Apr. 40% 11% 7% 80 7% 74% 46 32 93% 92% 29% 59% 20% 7% 12% 20% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. i Lowest Sale Prices 11 Apr. 1 8% Apr. 11 1% Apr. 2% Apr. 22% Apr. Apr. 120% Apr. 120% 118% Apr. 102% Apr. 100 97% Apr. Sale 3% Apr. 10 4% Apr. Sale 33% Apr. 11 39 Apr. 22 38% Sale 3% Sale 114 Highest Sale Prices .12 % 2% 32 44 "6% Ask 40 93 66 % 126 29 Sale 6% 93% Sale 4 Sale 10 80 95 Sale J* 43 6% 36% Sale Sale 22% Sale 108 9 1% 21% 119 47 Lowest April 29 Ask Bid 3 3 21 4 28 1 25 5 4 6 3 5 3 12 12 3 108 Apr. 7% Apr. 46% Apr. 15 58% Apr. 5 124 Apr. 18 5% Apr. 1 3% Apr. 3 Apr. 1 25 Apr. 5 6 Apr. 3 _ 11 15% Jan. 11 2% Jan. 21 29% Jan. 27 121% Jan. 19 103% Jan. 10 6% Jan. 11 52 Jan. 15 9 6 4 10 4 5 4 4 Mar. 31 65 Jan. 33% Apr. 11 9% Apr. 5% Apr. 58 Jan. 13 Mar. 15 73 85 Jan. 5% Apr. 70 Jan. x0% Jan. 5 Mar. 11 § 10% Jan, 78 Mar. 15 41 Apr. 30 54% Mar. 15 Apr. 36 90 Jan. Feb. 27 96 Mar. 89% Apr. 27 96% 23% Apr. 11 42% 51% Apr. 26 71 15 Apr. 8 30% 6 8 Apr. 10% 10 8 Apr. 18 18% Apr. 27 23% 104% Apr. 12 110 7 Apr. 11 8% 8 43% Apr. 47% 52 Apr. 25 66% 120 8 127 Apr. 4% Apr. 10 6% 2% Apr. 11 4% 2 Apr. 13 3% 10 20% Apr. 30% 4% Apr. 10 8% 7 Mar. 10 Jan. 4 Mar. 9 Jan. 3 Mar. 14 Mar. 15 Jan. 10 Jan. 28 Jan. 5 Mar. 8 Jan. 3 Jan. 11 Jan. 5 Mar. 10 Jan. 6 Jan. 5 Jan. 3 Baldwin 109,600 46,900 19,300 1,000 340 17,500 3,700 440 37,900 12,000 , 150 '3,800 700 65,100 4% preferred 100 13,000 Bangor & Aroostook .50 1,360 5% conv preferred -__100 53,500 Barber Asphalt Corp —10 9,000 Barker Bros * 1,490 5%% preferred —50 171,800 Barnsdall Oil Co 5 47,700 Bayuk Cigar Inc * 280 1st preferred 100 16,000 Beatrice Creamery —25 1,400 $5 preferred with warr 40 900 6,000 126",600 9,600 1,800 2,300 277,200 7,100 3,600 3,000 3,900 22,700 10 66,200 4,700 470 940 3,600 34,700 50,100 1,600 5,300 12,100 35,000 79,900 800 4,200 6,900 15,800 51,000 11,900 21,100 900 8,800 29,300 27,400 53",500 1,900 300 20 700 4,300 8,000 200 24,000 600 46,600 1,120 44,200 100 3,500 23,100 510 1,200 2,300 1,400 Sale 29% 90 85% 20% Sale 12% Sale 18 1 ft* 18 % 96 28% 55 1,006,000 Bethlehem Steel Corp (Del)__* 26,200 5% preferred 20 16,900 7% preferred-.100 15,400 Bigelow-Sanford Carpet Inc.-* 15,600 Black & Decker Mfg Co * 83,000 Blaw-Knox ___* 1,030 Bloomingdale Bros. * 180 Blumenthal & Co pref100 335,100 Boeing Airplane Co * 19,200 Bohn Alum & Brass Corp 5 3,020 Bon Ami class A * 3,570 Class B --* 21,600 Bond Stores Inc 1 210,100 Borden Co (The) -15 197,700 Borg-Warner Corp 5 8,000 Boston & Maine. 100 14,300 Bower Roller Bearing Co. 17 - - 55,300 147,600 314,000 5,000 17,000 24,500 24,800 167,300 40,700 96,800 3,100 36,300 128,200 — - _ Brewing Corp of America-.3 Bridgeport Brass Co * Briggs Manufacturing* Briggs & Stratton * Bristol-Myers Co. -5 Brooklyn & Queens Transit-.* $6 preferred * Bklyn-Manhattan Transit * $6 preferred series A * g . — Brooklyn Union Gas * Brown Shoe, Inc * Brunswick-Balke-Coll * Bucyrus-Erie Co— 7% preferred (E G) Mfg Preferred 7%-. 10 100 -..* 100 Budd Budd Wheel * Bulova Watch * Bullard Co * Burlington Mills Corp Burroughs Add Mach Bush Term Co 1 _* 1 JBush Term Bldgs—• Pref ctfs of deposit 100 840 Depos ctfs 7 % pref 100 54,400 Butler Brothers 10 10,200 5% conv preferred 80 39,000 Butte Copper & Zinc 5 38,500 Byers Co * 2,620 Partic preferred 100 19,600 Byron Jackson Co * 33,100 Calif Packing Corp * 1,100 5% preferred-------50 198,100 Callahan Zinc-Lead ] 104,100 Calumet & Hecla Cons Copper 5 38,400 Campbell W & C Foundry.--* 176,800 Canada Dry Ginger Ale _5 50 Canada Southern Ry Co 100 225,900 Canadian Pacific 25 11,500 Cannon Mills * 3,500 Capital Admin Co Ltd cl A__l 420 $3 preferred class A 10 1,190 Car Clinchfield & Ohio Ry__100 4,300 Carpenter Steel Co 5 14,000 Carriers & General Corp _.l 29,000 Cash (J I) Co ..100 3,330 7% preferred —-100 102,100 Caterpillar Tractor * 1,900 5% preferred 100 165,100 Celanese Corp. of America * 2,620 7% prior preferred -100 133,500 Celotex Corp new * 930 5% preferred 100 17,700 Central Aguirre Associates * 79,900 Central Foundry Co 1 1,140 Central 111 Lt 4% % pref 100 5,600 Central RR of N J 100 9,100 Central Violeta Sugar Co 19 3,200 Century Ribbon Mills * 40 For footnotes 120 Preferred— see page 40* ; -100 34 Sale 78 % 72 12 %, 12% Sale 29% jy* 26 17 Sale 19 Sale 111 18 99% 29% Sale Sale Sale Sale Sale Sale Sale Sale 2% Sale 20% 27 Sale 6% 15% 31% 39% Sale Sale 43 Sale Sale aW Sale Sale Sale 100 112% 112% 20% 19% 102 % 97 99% Sale IVA 6% Sale 10 20% Sale 32 43 Sale Sale Sale 1% Sale 5% Sale 7 % Sale 31% Sale 6% 6% 9% 9% 19% Sale 33% 35 44% 45 1% Sale 8% 9% 10% Sale 37 Sale 17% Sale 36 Sale 15 Sale 33% 10% 8% Sale Sale 96 Sale 96 Sale Sale Sale 34 Sale 3% 24% Sale Sale Sale Sale 19 Sale 13 Sale Sale 14% Sale 1% Sale 13 Sale 8 Sale Sale Sale 9% Apr. 4% Apr. 5 Apr. 19 Apr. 67 Apr. 10% Apr. 6 Apr. 24% Apr. 212% Apr. 15% Apr. 110% Apr. 17 Apr. 98 Apr. 114 110 118 118% 122 7% Sale 7% 8% 7% 69% 69% 74% Sale 19% Sale" 21 16% Sale 18% 19% 17% Vky* Sale 51 50 48% 46 48 46 48% Sale 61% Sale 55% Sale 51% Sale 17 15% 16% Sale Sale 110 106 107% 99% Sale 18 19% 15% Sale 17 14 15% 10 10* Sale 10% 8% 16 20* 20% 35 35 30% 39% 19 21% Sale 21%. Sale Sale 21 16% 19% 20% Sale 109 Sale 107 104% o5 51 53% Sale 53% Sale 17 15H Sale 14% 18% Sale 17% 19% Sale 22% Sale 22% Sale 18% 1% 2% 1% 2% 1% Sale 24 24 21% 19% Sale Sale 7% 51% 5% 32% 28% 14% 18% 2% 27% Sale 52% Sale 12% 13% 95 8 Sale 24% 43% 46% 34% Sale 28% Sale 1% 9% 12% 40% 17% 31% 13% 70 71 13% Sale Sale 20 Vky* 69 6% Sale Sale 32 22% Sale 13% 21% Sale 107 6% 21% Sale 17% Sale 113 25 Sale 10% Sale 5% Sale 6% Sale 22% 23% ft* 7% Sale 75 72% 29 % Sale 19% Sale — 620 28,200 11,200 31,700 Sale * 9.500 Best &' Co 246,800 9,980 62,600 38,500 32,300 50,200 69,800 17,600 100 50 Sale 123 320 240 RR Co._- 8 10 3,100 Beech-Nut Packing 20 23,800 Belding-Heminway * 600 Belgium National Rys part pref 626,700 Bendix Aviation Corp 5 35,100 Beneficial Indus Loan Corp..* 13,800 Prior pref $2.50 div ser '38-* 56,600 2,070 18,500 10,600 5,900 10,600 22,600 7,100 9,800 2,000 9,700 13,600 1,180 5,900 6,200 Beech Creek 17% Sale Sale 36 4% Sale 10% 11% 7% 8 95% 96% 4% Sale 34% Sale 3% Sale 25 Sale 17% Sale 12% Sale Sale 1% 1% 11 10 10 11 8 .8 8 11 11 10 11 10 10 Apr. Apr. 12% Apr. 6% Apr. 7 % Apr. 22% Apr. 73 Apr. 14% Apr. 7% Apr. 27% Apr. 15 Apr. 19% Apr. 111% Apr. 20 Apr. 100% Apr. 118% Apr. z8% Apr. Apr. 11 21% Apr. 11 19% 6 Apr. 50% Apr. 26 51 Apr. 11 63% Apr. 10 17% Apr. 11 111% Apr. 10 Apr. Apr. 8 10 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 18 Apr. 16% Apr. 11% Apr. 3 3 3 4 15 3 28 10 8 10 12 14 1 1 8 8 10 6% Apr. 11% Apr. 17% Apr. 8 12 8 9 11 97 8 11 5% 35% 8 4 10 28 11 21 10 13% 10 15 10 1% 20% 3% 12% 36% 17% 17% 48 Sale Sale Sale Sale Sale Sale 51 1% Sale 8% Sale 17% 17% \iH Sale 50 6% Sale 31 % 33% 7% 40% 82*% 19% 3% Sale 91 Sale 116 117% 47% Sale 106% 109 23% Sale 85 18 % 95 Sale 69 70 21% Sale Sale uV Sale Sale 18 Sale 5 8V92 0% Sale 20 21 3% Sale 7% Sale 30% Sale 12% Sale 15% Sale 50 51% 1 IV Sale 5% Sale 11% Sale 14% Sale 50 37% 3% Sale 31% 30% 5% 5% 42% &y* 87 79 Sale 6% Sale 19% 21 3 2% 8% 8% 34% Sale 13% 12% 14% 51% Sale 6% 5% 18% 2% 7 25% 11% 13% 50% %r Sale 14* 5 Sale 9% Sale 44 42% 3% Sale 31% 32 4% 39 12 1 8% 7% 20% 3% 3 3 29 Apr. 29 3 Apr. 3 Apr. 4 Apr. 3 Apr. 4 Apr. Apr. 25 3 Apr. 3 Apr. 3 Apr. 3 Apr. 1 Apr. 5 13% Sale Sale Sale 70 74 66 Sale 110 113 110 79% 16 3 Sale 40 44 43% 103% 104% 104% 105 16 Sale 15% Sale Sale 88% 91% 84 Sale 14% Sale Sale 11 10 11 11 8 9 34% 13% 10 16 28 50% 29 8 11 11 1 6 12% 15% 5 Apr. 3 Apr. 6 Apr. 1 Apr. 3 Apr. Apr. 29 3 Apr. 3 Apr. Apr. 28 1 Apr. 3 Apr. 3 Apr. 3 Apr. 60 69 77 13% 2% 38% 103% 13% 84 10 64 21 19% Sale 22% 18% 2% Sale 2% 2% 2% 110 Sale 110% 110 4 4% "6% 4 5% 4 4% 5% Sale 3% 5 3% Sale 3% ^ 101 88 91 Sale 88 o Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 20 104 51 12% 16% 18% 1% 19% 1 6 11 Jan. 23 110 24 Jan. Jan. 30 12 Apr. 11 Apr. Apr. 10 5% Apr. 8% Apr. 16% Apr. 31 Apr. 41% Apr. 1% Apr. 5% Apr. 7% Apr. 27 Apr. 13% Apr. 31% Jan. 9% Apr. 7 Apr. 94% Apr. 4 Apr. 29% Apr. 3 Apr. 21% Apr. 16 Apr. 11% Apr. 11% Apr. 1 Apr. 10 6% 5% 18% 2% Jan. Mar. Apr. Apr. Apr 7 Apr. 25% Apr. 11%/jApr. 13% Apr. 48% Mar. % Feb. 5 Apr. 9% Apr. 12 Apr. . 8 10 8 10 12 14 1 1 11 118 1 45% 10 103% 10 18 14 8 88% 14% 17 69 8 22 10 3% 3 110% 11 8 11 29 5 5% 5% 90 . 3 3 1 15 10 3 5 1 1 28 1 14 5 27 28 14 13% Apr. 2% Apr. Apr. 110 Apr. 38% Apr. 103% Mar. 13% Apr. 84 Apr. 10 Apr. 64 Apr* 18% Apr. 2% Apr. 66 109 4 47 2 5 -an. 3 11 20 11 1 1 19 29 Mar. Jan. ivy* Jan. 36 Apr. 14% Mar. 16 8 6 13% Jan. 11 100 Mar. 7 8 8 11 8 10 11 10 10 10 26 31 10 11 10 11 11 8 10 1 15 8 11 11 4 1 6 11 8 Jan. 4 55% Jan. 5% Jan. 34% Mar. 4 4 9 30 Jan. 5 15% Feb. 28 18% Jan. 3 5 2% Jan. 12% Jan. 9% Mar 9% Jan. 23% 4% 13% 37 17% 19% 50% 2% 8% 17% 20% 44% 6% 34% 6 . Mar. Mar. Jan. Jan. Jan. 23 3 6 9 4 11 5 Mar. 9 Mar. 30 Jan. 17 Jan. 5 Jan. 4 Jan. 18 Jan. 4 Jan. 3 Mar. 11 7% Jan. 9 IV Feb. Feb. 17 18 20% Jan. 3% Jan. 94% Mar. 4 3 9 11 122% Mar. 3 1 55 Mar. 11 27 107% Jan. 9 10 24% Jan. 4 14 94 Jan. 6 8 J8& Jan. 4 17 72% Mar. 14 8 22% Jan. 10 5% Jan. Mar. 22 111 Jan. Apr. 11 9% Jan. 3% Apr. 3% Apr. 88 Jan. 4 Jan. 43% Mar. 3 77 3 Jan. ffl 8 10 77 15 7% Feb. 27 10% Apr. 13% Mar. Jan. 20 Feb. 18 55% Mar. 9 19% Mar. 14 Mar. 10 Jan. 32 3 2% Mar. 8 27% Mar. 30 8 8 Apr. 8 Apr. 8 Apr. Mar. 30 Apr. 20 2% 76% & Jan. 3% 29% 4% 38% Apr. Apr. Apr. Apr. Apr. Apr Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 5 fV 3 4% Apr. 32% Apr. 10 5% Apr. 25 40 tF 69 10 11 Jan. m 44 3% Apr. 29% Apr. 4% Apr. 75% 14% 2% 118 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 87% Jan. IV 10% Sale Sale 5 4 . 3 Apr. 34 3 Apr. 45 3 Apr. 1% Apr. 10 10% Apr. 11 11% Apr. 12 39% Apr. 11 36 4 3 23 4 Jan. Jan. T4 Jan. £88 Jan. 6 8 Apr. Jan. 5 24% Apr. 11 33 Feb. 28 £12% Apr. 11 4 19% Jan. 27 10 15% Apr 21% Feb. 18 18 110% Apr. 11 114% Jan. 16 21 17 Apr. 10 20% Mar. 4 25 98 Apr. 10 100% Apr. 25 28 Mar. 3 29 Mar. 23 4 113% Apr. 28 125 jan. 4 28 7% Apr. 10 8% Jan. 20 70 Mar. 22 73% Jan, 25 3 16% Apr. 11 29% Jan. 3 28 17% Apr. 11 Mar. 11 27 6 48% Apr. Mar. 13 3 46 Apr. 26 Mar. 11 3 51% Apr. 11 Jan. 4 3 15% Apr. 10 18 Jan. 11 3 99% Apr. 11 115 Jan. 7 3 15% Apr. 10 27 Feb. 28 3 8 14 Apr. Jan. 3 3 8% Apr. 10 Jan. 4 19 Feb. 23 Mar. 11 18 35 Apr. 18 Feb. 24 3 19 Apr. 11 34% Jan. 3 3 8 16% Apr. 3 28% Jan. 26 Apr. 18 35 Apr. Apr. 11 23% Apr. 8 Apr. 21% Apr. 3 Apr. 11 109% Apr. 8 Apr. 11 55% Apr. Apr. 10 17% Apr. 21 Apr. 19 19% Apr. 28 3 Apr. 11 24% Apr. 8 2 Apr. Apr. 21 3 Apr. 10 25% Apr. 5% Apr. 8% Apr. 16% Apr. 31 Apr. 41% Apr. 1% Apr. 5% Apr. 7% Apr. 27 Apr. 13% Apr. 34% Apr. 9% Apr. 7 Apr. 94% Apr. 4 Apr. 29% Apr. 3 Apr. 21% Apr. 16 Apr. 11% Apr. 11% Apr. 1 Apr. 9% Apr. 11 4% Apr. 10 5 Apr. 10 19 Apr. 11 67 8 Apr. 8 10% Apr. 8 5% Jan. 11 12 95 11 3 6 5 3 Mar. 11 Feb. 24 AGGREGATE SALES Since April 21,800 60 1,600 - 800' 1,200 4,900 13,200 90 518,400 7,400 1,500 "2",400 4,500 270 5,800 """"30 33,100 24,200 86,100 Cerro de Pasco Copper * 1 137,200 Certain-Teed Products13,950 6% prior preferred-100 Champion Paper & Fibre Co 860 6% preferred— 100 Common 17,700 * 5,500 Checker Cab 5 20,600 Chesapeake Corp. * 378,400 Chesapeake & Ohio 25 8,200 Preferred series a —100 6,600 {Chic & East Illinois rb—100 7,000 6% preferred —100 15,400 {Chicago Great Western—-100 18,200 4% preferred 100 18,500 Chicago Mail Order Co 5 21,700 {Chic Milw St Paul & Pacific.* 22,000 5% preferred 100 57,600 {Chicago & North Western-100 Preferred 100 10,900 70,500 Chicago Pneumatic Tool * 6.800 $3 conv preferred.—-* Prior pref ($2.50 cum ctivs) * 2,500 6,000 {Chicago r i & Pacific 100 7,200 7% preferred . 100 5,700 6% preferred i——-.100 3,200 Chicago Yellow Cab ——* 15,700 Chickasha Cotton Oil—--10 * 50,900 Childs Co — 2,200 61,500 1,600 1,200 1,400 7,400 5,700 3,200 6,100 18,100 3,900 19,900 1,500 1,300 1,900 2,100 1,200 Avril Par - 4,000 / 172,400 60 6,100 710 690 230 Sale 30 8% 10 Sale 38% Sale 87 89 % % Sale 3% 3% % Sale 3% Sale 12%.,-Sale % Sale 23 % .-50 * — * % Sale 3% Sale 19% Sale 36 38% 47 50 % Sale 1% Sale 1% Sale 8% 9% 13% Sale 13% Sale 15,200 Coca-Cola Co (The) Cl<iss a 3,900 Colgate-Paimolive-Peet Co_—* 6% preferred— 6,800 -100 -* 43,700 Collins & Aikman 5% preferred —100 1,690 28,900 Colorado Fuei & Iron Corp—* 100 2,830 Colorado & Southern 4% 1st preferred 100 4% 2d preferred...——100 3,020 1,120 78% 52 Sale , 80 62 4% Sale 22% Sale 100% 102 Sale 28% Sale 77 98 100 19 Sale 19 Sale 32 Sale 31% Sale 88 Sale Sale 87S 2%. 2% 9% % Sale Sale Sale Sale Sale Sale % Sale 2% Sale 11% Sale o34% Sale 44% Sale 1* 7% 2** 68 9% i 52 8% % 1% 40 45 % % % Sale 11% Sale 32 Sale Sale Sale 60 3 Sale Sale Sale 27 42% 25% 52 2% 18 44 Sale Sale 38% 24% 128% 122 Sale 120 61 Sale 60% 14 21% Sale 6% Sale 9% Sale 7% 7% 16% Sale 16% Sale 14% 14% Sale 85 Safe 107 Highest Sale Prices 8 8 40% Apr. 15 9 Apr. 3 35% Apr. 3 102 Apr. 18% Apr. 6% Apr. 17% Apr. 27 Apr. 87 Apr.. % Apr. 1% Apr. % Apr. 1% Apr. 9% Apr. % Apr. % Apr. % Apr. 1% Apr. 10 Apr. 32 Apr. 44% Apr % Apr. % Apr. % Apr. 7% Apr. 10 Apr. 7 Apr. 25 Apr. 53% Apr. 9 Apr. 79 Apr. 23 8% 20 33% 88% of8 2% % 2% 10% 13% 34% 8*10% 9% 27 70% 10% 85 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 5 3 25 21 3 1 10 13 1 1 3 1 3 3 1 3 3 6 1 1 3 1 13 3 26 3 15 29 3% 24% 100 33 Apr. 6% Apr. 22% Apr. 10 8 8 52% Jan. 5 Jan. 4 47% Jan. 4 13 Apr. 20 102 18% Apr. 11 30 11 6% Apr. 11 17% Apr. 10 *25% 40% 27 Apr. 11 98 86 24 Jan. % Apr. 1% Apr. % Jan. 1% Apr. 9% Apr. % Apr. % Apr. % Mar. 1% Apr. 10 90 10 4 8 Jan. 3 4 Jan. 21 10 11 1 1 3% 20% 38% 48% % 1% 1% 9% 14% Apr. Apr. Apr. 5 8 8* 53% Apr. 9 Apr. 11 85* 8 5 4 Jan. 4 Jan. 4 Mar. 14 Mar. 11 Feb. 6 Jan. 5 Jan. 3 Mar, 9 Jan. 5 Jan. 3 Jan. ll Mar. 9 Mar. 10 8 Jan. 4 1% Jan. 7% Apr. 79 4 5 3% Jan. 13% Mar. 11 5 11 25 9 2 14 8 10 8 7 Mar. 25 8 22 Apr. 32 Apr. 44% Apr. % Apr. % Apr. % Apr. 10 Mar. Mar. % Jan. 3% Jan. % Jan. 21 10 Mar. 21 3 Jan. FeD. 85h Mar. 23 Mar. 11 54 8 8 3 20 58 Apr. 1 Apr. 21 15 3 4% Jan. Mar. 11 26 68 2% Apr. Apr. 15 Feb. 10 69 F ep. 4 27 Ill Jan. 3 115 11 78 23 45 3 Feb. 9 93 103 Sale Sale 22% 104% 100% 12% 13% Sale 4 3% Sale 5 4% Sale Sale 4% 5 35% Sale 105 Lowest Sale Prices 60 Sale 70 72 93 134 13% 103 6% Apr. 22% Apr. 115 129 60 32 64% Sale 9% Sale 85 Sale 114% 114 24 Sale 43 Sale Sale % 1 % 8% 9y 10 10% 9% Sale 70 76 % 2% 2% 10% 10% % Sale % % Sale 1% 2 12% Sale 32% 35 Sale 18 113 21 20% 9 JA 2 Sale 1 10% 19 Highest Sale Prices Lowest Sale Prices 33 Apr. 10 98 Sale Sale 60 14% Sale 102% 103 36% Sale 7% Sale 27 28% 8 42 25% Ask 21 70 111 100 127 127% —* 131% Sale 60 59% Preferred Sale 7% Sale Sale Sale 1 35 4,800 500 46,100 700 101% 102% Sale 70 Special gtd 4% stock 119,900 Climax Molybdenum Co 186,400 Cluett Peabody & Co Avril 29 34 83 10 2,220 Cieve Elec 111 $4.50 ser pref--* 16,300 Cleve Graphite Bronze (The).l 260 Cleve & Pitts br Co 7 % gtd-50 1 Ask Bid 37 Sale 33 Copper Bid 50% Sale 11% Sale 42 25 580 Chile 420 15,000 Ask Bid 1,219,600 Chrysler Corp—— 5 26,300 City Ice & Fuel—— * 6 >3 preferred 5,690 -—-luo 30 City Investing Co.—-——100 10,000 City Stores -5 18,600 Clark Equipment — 60 o c c & St Louis By 5% pf-100 120 1 *1939 Shares '38,500 3,700 RANGE SINCE JAN. IN APRIL Jan. 3 Jan. 1 Shares PRICES Price STOCKS N. Y. STOCK EXCHANGE In 33 N. Y. STOCK EXCHANGE—STOCKS May, 1939] 112% Apr. 24% 20% Apr. 8 115 Apr. 11 24% Apr. 45 Apr. 13 45 36% Apr. 11 45 21% Apr. 11 26% 127% Apr. 10 130 Sale 114 Apr. 11 123% 4 60 61% 61% Apr. Sale 11% Apr. 10 14% 104 102% Apr. 10 104 8 26 23% 20% Apr. 104 8 100 100 Apr. 8 13 14% 11% Apr. 1 5 3 4% Apr. 6 5% 4% Apr. 11 5 4 5 4% Apr. Sale Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 22 13 3 3 6 3 24 19 26 3 8 3 13 3 1 Mar. 10 8 2% Apr. 8 Apr. 20% Apr. 74% Jan. 42 Jan. 60% 36% Apr. 11 30% 21 % Apr. 11 5 135 127% Jan. 114 Apr. 11 133 58 7 Jan. 62 11% Apr. 10 16% 1 104 101% Feb. 8 36% 20% Apr. 8 106 100 Apr. 8 23% 11% Apr. Mar. 10 Mar. 13 Apr. Jan. 5 Mar. 16 Jan. 6 Mar. 2 Mar. 4 Jan. 9 5 9 Jan. Jan. Jan. Jan. 1 3 Apr. 4% Mar. 31 4% Mar. 20 13 Mar. 15 5 4 9% Jan. 7% Jan. 3 10 11 18% Mar. 18% Mar. 11 93 11 15% Jan. 30% Mar. 8 8 3 4 4 Columbia Broadcasting 7,300 3,900 3,500 6,700 400 136,400 2,600 20 30,200 300 28,000 300 87,100 106,000 11,900 52,000 397,400 System Inc class a 2.50 31,300 Class b 2.50 17,775 * 13,600 Columbian Carbon v t c 23,100 Columbia Pictures Corp v t c_* $2.75 conv preferred-* 2,400 797,300 Columbia g & el common---* 6% preferred series a 100 21,100 5% preferred 100 1,160 10 113,500 Commercial Credit 4%%. conv. preferred—100 1,500 118,200 Comm'l Investment Trust—* $4.25 conv. pref ser of 1935-* 1,500 * 606,800 Commercial Solvents— 683,000 Commonwealth & Southern—* $6 preferred---* 116,200 396,200 397,400 Commonwealth Edison co—25 9,200 * 38,100 Congoleum-Nairn Inc * 300 Congress Cigar 530 Conn By & Ltg 4% % pref—100 30 570 3,100 5,400 166,700 5,900 6,000 99,000 4,700 3,500 300 1,000 31,300 35,200 25,900 1,300 26,300 1,800 6,000 13,800 65,600 39,500 5,000 1,840 24,100 300 28,900 54,600 3,100 2,600 16,100 23,200 400 1,700 22,900 360 30,300 400 480 12,200 290 3.200 12,000 8,600 191,200 53,700 30 40 9,300 900 700 3,200 190 200,300 Consol Aircraft Corp— 7,500 Consolidated Cigar 7% preferred 63-11% prior pref 250 1 -—* ———100 100 1,890 18,400 Consolidated Film Industry—1 $2 partic preferred * 27,700 925,520 Consol Edison Co of n y Inc.* $5 preferred -—* 51,700 Consol Laundries Corp 41,500 Consolidated Oil Corp 5 * 347,700 Consol bb of Cuba 6% pf-100 11,000 Consolidation Coal Co c.25 v t 10,800 5% preferred v t c 100 1,400 Consumers Pow Co $4.50 pref.* 4,300 Container Corp of America—20 86,400 Continental Baking Co class a * 120,800 Class b * 73,900 8% preferred 100 10,900 - 104,850 4,800 22,300 52,000 534,800 149,300 Continental Can 20 $4.50 preferred —* Continental Diamond Fibre 5 Continental Insurance 2.50 Continental Motors 1 7 lH 50 57 26 6 Sale 83% Sale 65 Sale 75 30% 107% 108% 60 9% Sale Sale Sale 108% 109% 11% Sale Sale Sale 27% Sale Sale 80 72 42% 46% Sale 96 106% Sale 46% 50% Sale 107% 110% 107% Sale 10 9% 1% 1% Sale 52 Sale 26% Sale Corn Products Refining Preferred ; Crane Co.------- 5% conv 79 Sale 14 73 7% 23% 5% 78% 80 38% 104% 105% Sale 42 108% 106 Sale 9% Sale 1% 47 53 53% 26% Sale *25% t* Sale 2 92% 43% 112% 10% 34% 3% Sale 11 Sale 14% 1% Sale Sale 90 92 36 Sale 111 Sale Sale 66% 62% Sale 1 176 Jy° 38 Sale Sale 176% Sale Sale 173 5% 23% Sale Sale Sale Sale 175 Sale Sale Sale 101 Sale 26% Sale 9% Sale 41% Sale 40 38% 29 Sale 9 Sale 33% Sale 14% Sale 29 35 5 10 Sale * 86 Sale 82 Sale 29% Sale —* - —* * * - - preferred - _ * Crucible Steel of America--100 - 100 43% Sale 91 Sale Cuba bb 6% preferred 100 Cuban American Sugar— 10 Preferred ----100 65 % Cudahy Packing— Curtis Publishing Co (The) 15% Sale 5% Sale — —— Curtiss Wright Corp- 50 * * 1 Cjlass A MaVA Sale i7i% Sale li* 24% 35% 76 Sale 38 82 Sale iH Sale 12% Sale Sale 4 Sale Sale 40 Sale Sale 5% 21% 73% Sale 28% Sale 100 —— * 2% Sale 11 8% 96% 100% Sale 100 110 conv pref w w Preferred ex-warrants. 40. 2% 51 $2.25 page 106 Sale 25 Crown Zellerbach Corp Preferred Sale Sale 113% 83 48% 23% Sale 7 6% 17 Sale 83 45 15 18 8% Sale 107% 110% 16 Sale 4% 5% 108 1 11 10 14 6 11 Sale 110 Apr. 16 Apr. 85 Apr. 9% Apr. 27 Apr. 6% Apr. 85 Apr. 80 Apr. 49% Apr. 106% Apr. 52 Apr. 108 Apr. 11% Apr. 1% Apr. 55 Apr. 27% Apr. n6t Apr 24 14 24 14 73 1 3 4% Apr. 18% Apr. 5% Apr . 73 81 Apr. Sale 79% Apr. 1% Apr. 1% 9 8% Apr. 27 Sale Apr. Sale 102% Apr. 6% 4% Apr. Sale 7 Apr. Sale 1 % Apr. 3 1% Apr. 9 12 Apr. Sale 93% Apr. Sale 9% Apr. Sale 11% Apr. Sale 1% Apr. 88 90 Apr. 107 5% 7% 2 2% 10% 93% 10% 13% 1% 88% 32% Apr. 36% Sale Apr. 114% Ill 5 6% Apr. 31% 31% 29% Apr. 1 % Apr. 2% Sale 21% Apr. 22% Sale 16% Apr. 19% 20% 50 Apr. 52% 54 Sale 57 54% Apr. 171 171 169 Apr. 4% Apr. 5% 4% 21 Apr. 22% Sale 97% 93 Apr. 95% 27% Apr. 29 30% Sale 7% Apr. Sale 24 20% Apr. 35 31 35% Apr. 28 31 30 Apr. 9 10% Apr. 10% 75 80 Apr. 78% 28 27 24% Apr. 70 73 Apr. 69% 5% 3% Api;. 3% 3 Apr. 4% Sale 49 62 Apr. 60% 12% 10% Apr. 11% 3% Apr. 4% 38 42 Apr. Sale 6 4% Apr. 19% Apr. 25% Sale 83 73% Apr. 74 45 Apr. 46% 13% Apr. 15% "16"" 5 4% Apr. 4% 16 17 Apr. 15% 5% 4% Apr. 5% Apr. 108% 109% 107 nM A* Apr. Apr. Apr. Apr. Apr. Apr. Jan. Jan. Apr. 7% 23% 5% 4 74% 5 62% 3 38% 1 105% Apr. 3 42 Apr. 25 106 Apr. 13 9% Apr. 3 1% Mar. 5 45% Jan. 3 *25% Apr. 26 % Apr. 12 3 6% Apr. 28 3 22% Apr. 5 19 8 10 9 3 91 17 10 1 11 11 11 11 11 8 11 11 27 10 10 10 8 4% Apr. Apr. 6% Apr. 74% Apr. 85% Apr. 1% Apr. 9% Apr. 31% Apr. 107 Apr. 6% Apr. 8% Apr. 2% Apr. 2% Apr 12 Apr. 96% Apr. 12% Apr. 15% Apr. 1% Apr. 90 Apr. 21 17 3 3 1 1 1 15 3 29 3 3 14 1 21 3 3 3 1 3 3 11 37% Apr. 1 114% Apr. 25 3 8 6% Apr. 5 32 11 Apr. 10 2% Apr. 13 3 11 25% Apr. 11 8 19 21 19 8 12 10 11 8 6 11 8 14 8 13 6 8 5 11 1 14 11 11 8 4 10 12 11 8 11 21% 53% 62% 171% 5% 26% 101% 30% Apr. 28 Apr. 15 1 Apr. Apr. 10 3 Apr. 83 57 10 13% 2% 64% 28% 31 3 10 3 Apr. 3 Apr. 25 Apr. 13 Apr. 26% Apr. 36 Apr. 31 Apr. 10% Apr. 82% Apr. 32% Apr. 72 Apr. 4 Apr. 4% Apr. 62 Apr. 12% Apr. 4% Apr. 41% Apr. 6 Apr. 25% Apr. 73% Apr. 45 Apr. 17% Apr. 5 Apr. 16% Apr. 5% Apr. 109 Apr. 29 3 3 4 32% Apr. Ill Apr. 5 Apr. 29% Apr. 1% Apr. 21% Apr. 16% Apr. 171 3% 21 93 26% 7% 20% 35% 28 12 9 4 75 3 24% 12 1 70 27 28 3 49 3 3 3% 10% 3% 28 38 28 8 4% 19% 73% 4 45 3 4 13% 4% 6 16 29 1 3 4% 107 6 9 Feb. Feb. 25 Feb. 6 9 Mar. Mar. 11 14 1*64 Apr. 26 8% Feb. 30% Jan. 5 11 18% Apr. 5% Apr. 73 Apr. 79% Apr. 1% Apr. 8% Apr. 27 Apr. 101% Jan. 4% Apr. 7 Apr. 1% Apr. 1% Apr. 9 Apr. 93% Apr. 9% Apr . 11% Apr. 1% Apr. 88 Apr. 54% Feb. Mar. 14 6 Apr. Apr. 6 Mar. 31 4% Apr. 17 49 Jan. 8 Jan. 3 10 6 109% Mar. 20 Jan. 3 60 8 Feb. 14 14 110 13 6 84% 1% 8% 29% Sale 8 Sale 8 14 10 Sale 5% 93% 6 4 18 2 Sale 10 73 Sale 95 11 5 Sale Sale 16% Sale 19% Sale 6 11 8 10 16 6 5 19 Apr. Apr. 11 11 Sale 105 4 5 11 19% Sale 7 6% Sale 3% Sale 17 14% 94 74% 85% 1% 8% 08% 6% Sale 21% Sale 10 Sale Sale Sale $8 preferred 180 * 40,600 Cutler-Hammer Inc.5,900 Davega Stores Corp—---—5 Conv 5% preferred—--—-25 3,200 13,200 Davison Chem Corp (The) — 1 980 Dayton pf & Lt 4 % % pref-100 see 6% Sale 6 7 53 Crown Cork & Seal— Preferred; 102 4 20% Sale 20 100 preferred 86 1% Sale 10% Sale 31% Sale 5 5% Sale - Crosley Corp (The) conv 84 5% 22% _* - Cream of Wneat ctfs $5 7% 29% 8 6% 5% Sale 25% Sale 8% 8% 75% 78 Sale 25 Coty Inc Sale Sale 31 27 ._5 130 Cushman Sons 7% pref For footnotes Sale 5% 31% 2% 23% 17% - Continental Oil of Dei— Continental Steel Corp20,500 Corn Exch Bank Trust Co 6,990 66,300 2,600 236,100 219,700 20,500 11,600 49,100 74,600 1,000 4,900 104,100 2,710 155,400 6,000 1,370 33,300 1,400 15,700 41,400 31,500 865,200 218,100 15 29 Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. % Apr * 2,200 10 Sale 14 Bights 14,900 Conde Nast Publications 37,300 3,500 93 15% Sale 15% 15% 78% Sale 9% 8% 24 30% 6% Sale 84% 83% 11 8 25% Jan. 10 4 1 Mar. 31 Jan. 5 8 lh 3 Feb. 28 Feb. 27 11 Mar. 1 5 2% Jan. 12% Mar. 10 11 35 18 i 88 Mar. 10 4 107% Mar. 6 7% Mar. 10 11 9% Jan. 3% Jan. 6 8 11 3% Jan. 3 10 11 Jan. 5 11 15 27 10 97% Mar. 28 10 im 10 2 8 100 11 44 Jan. Mar. 3 1 J an. 3 Mar. 3 Jan. 4 115% Jan. 18 5 10% J an. 11 35% Mar. 7 1 8 10 11 Jan. 16 3 11 Jan. 4 Jan. 31% 29% Jan. 26 57% Apr. 19 66% Apr. 21 176% Jan.* 26 06% 8 38 Apr. Apr. 12 110 3 Jan. Apr. 11 8 Apr. 41% 6 40% Apr. Apr. 11 37% 8 Apr. 14% Apr. 14 8 Apr. Apr. 13 6 Apr. 8 Apr. 5 Apr. ii 16 Apr. 1 Apr. Apr. 14 11 Apr Apr. 11 8 78 Apr. Jan. 24 49% Apr. 10 24% 6% Apr. 12 Apr. 11 17% 8 8% Apr. Apr. 11 111 W4 Mar. 10 Mar. 10 Jan. 6 Mar. 9 Jan. Jan. 3 3 Mar. 9 Apr. 29 J an. 3 Feb. 28 Mar. 4 Jan. 4 Jan. Jan. 10 4 6 UH Jan. k Jan. 3 Jan. Jan. 4 Jan. 6 4l* . Jan. Jan. 21 3 9 Jan. 3 3 6 Mar. 23 Jan. 4 Jan. Feb. Jan. 6 Mar. 10 Jan. 3 Jan. 26 N. Y. STOCK EXCHANGE-STOCKS AQQREQATE SALES 6,300 6,500 9,340 20,000 10,100 19,500 73,000 3,300 6,800 3,430 28,500 94,900 5,400 373,900 27,900 16,700 88,800 2,100 200 -* 20 Deere & Co___— Preferred Deisel-Wemmer-Gilb Corp.-10 100 Western.50 Delaware & Hudson JDenver Rio Gr & West pf-100 100 Devoe & Raynolds A_. Diamond Match * Detroit Edison Partic 6% preferred------25 Co—2 Distil Corp-Seagrams Ltd * 5% prer with warrants—100 Dixie-Vortex Co. * Diamond T Motor Car Class A aa Doehler Die Casting Co.— Dome Mines Ltd * * Dominion Stores Ltd Bid Ask 20% Sale 25 24 * 15% 24% Sale 8 Sale 1% 113% 30} Sale 30 Sale 29 42 Sale 20 Sale 40% 5% 17% 84 86 Sale 83 10 ii" Sale Sale * 6 Sale * 132% Sale Dresser * Mfg Co * 100 Duplan Silk 8% preferred 163,900 Du Pont de Nem & Co (E I)_20 10,900 6% non-voting debs..—100 $4.50 preferred 5,100 * 1,730 Duquesne Light 5% 1st pf_100 1 174,000 Eastern Airlines Inc 25,200 Eastern Rolling Mills— ——5 107,600 Eastman Kodak Co of N J—* 820 6% preferred 100 619,100 Rights 68,500 Eaton Mfg Co 4 54,500 Eitingon tichild * 257,600 Electric Auto Lite (The) 5 3 238,900 Electric Boat % 23% 12% 34% Sale 16% 11% Sale 12 30 12% 30% 5% 60 120% 6% 10% 10 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 Sale 5 13% % 108% Sale 21% 28% 30% 1% 117 41 24 12% 5% Sale 23 29% 40 39 Sale Sale 6% 16% Sale 1% 0 Sale 82 Sale 85 10% 9% 32% Sale 13 13% 30% Sale 11% 32 Sale Sale Sale Sale "59% Sale Sale 110% 114% 7 Sale Sale Sale 11% 12 11% 10% 9 110 115 112% Sale 104 114 154 Sale 142 Sale Sale 138 Sale 138 141 140 137 119 123 119% Sale 119% 121 117% 115% 116 Sale 13% Sale 116% 117% 16% Sale 7% Sale 184 Sale 175% Sale 25% 3% 34% 15% Sale Sale Sale Sale 117 13 4% 163 180% 19 Highest Sale Prices 4 1 5% Apr. 138% Apr. 26 163 177 Apr. 18 180% 1 Apr. 11 3% 15% Apr. 11 20% 20 Sale 2 8 1% Apr. 1% 1% 22% Apr. 11 30% 26% Sale 10 8% Apr. 10% 9% Sale 15 Sale 112 Lowest Sale Prices 3 Sale 5 Highest Sale Prices Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 16 Lowest 15% Apr. 10 19% Apr. 25% 12% 11% Apr. 17% 12% Apr. 4 Apr. 5% % Apr. % 112 103 Apr. 18% Apr. 23% 30 28 Apr. 41 39 Apr. 5% Apr. 6% 15% Apr. 17% 84 82% Apr. 10 10% Apr. 30 33% Apr. 10 13% Apr. 33 30% Apr. 5% 5% Apr. 56 62% Apr. 120% 101% Apr. 6 7% Apr. 12% 10% Apr. 10 10% Apr. 108 112% Apr. 143% 126% Apr. 140 137% Apr. xl20 ill8%Apr. 117% 115% Apr. 15 12% Apr. 17% 23% 12% Sale Sale Sale 8% Sale Ask Ask Bid 18% 25% 12% 1% Douglas Aircraft Co Inc Dow Chemical Co Dunhill International Bid Sale Prices Avril 29 Avril 1 Par Del Lackawanna & 137% 4% Sale 23 4% Sale 145% Sale Sale 175 Sale 1% Sale 27% Sale 178 10 Sale 2% 7% 28% 1 2% Apr. 2% Apr. 8% Apr. 6% Apr. 10 Apr. 11 29% Apr. 27 8 Sale Apr. Apr. 21% 22% Sale Apr. 11 27% Apr. 25% 26 4 1 1 1% Apr. Apr. 1% 33 8 Sale Apr. 28% Apr. 32% Sale 38 Sale Apr. Apr. 13 40 38 39 104 Apr. 11 105% Apr. 105 104% 105 8 7 Sale Apr. 9% Apr. 8% Sale 8 64 62% Apr. 68 67% Apr. 70% 8 72 Apr. 68 78 65% Apr. 69% 69 Apr. Apr. 11 77 82 72 78 1 Sale 1% Apr. Sale % Apr. 10 Sale 1% Apr. 1% Apr. 13 1% Sale 2 Sale Apr. 10 3% Apr. 2% Sale 1 % Apr. Sale 1% Apr. 10 1% 1% Sale 5 5% Apr. 4% Apr. 11 5% 6 Sale 7 Apr. 11 8% Apr. 7% 18 Sale Apr. 14% Apr. 11 17% Sale 1 Sale 1% Apr. Apr. 11 1% 1% Sale 4 2% Apr. 10 4% Apr. 5% 24 Sale 30% Apr. 26 Apr. 11 ^26% 20 25 Apr. 10 25% Apr. 25% Sale 11 13 Sale Apr. Apr. 11 11% 12% 85 Apr. 85 89 Apr. 12 85 90 85 5 100 Apr. Apr. 103 94 105 101% Apr. 13 101% Apr. 101 102 Sale 3% Apr. 2% Apr. 10 3% Sale 3 2 Sale Apr. 2% Apr. 2% 2% 1 6 Sale 1 Sale Apr. % Apr. 21 18% Apr. 11 22% Apr. 21% Sale 1 88 Sale 83 Apr. Apr. 85% 86% Sale 27% Apr. 11 32% Apr. 30% 31 16% Apr. 11 17% Apr. 24% 15% 24% Sale 17% Apr. 10 21% Apr. 19% 20% Sale 99% Apr. 11 103% Apr. 100% 102% 43 8 Sale Apr. 38% Apr. 40% 41 8 Sale 21% Apr. 16% Apr. 18% 19% 25 6 27% Apr. Apr. 30% 26% 27% 5 18 17% Apr. 17% Apr. 16% 18% 2 8 Sale Apr. 1% Apr. 1% 2 21 Sale 22 Apr. 14 25% Apr. 22% 5 107% Apr. 104 106 107 103% Apr. Sale 19% Apr. 14% Apr. 11 16% Sale 77 75 67% 3 Sale 3 Apr. 1% Apr. 10 3% 38 35 50 Apr. 40 Apr. 19 38 Sale Apr. 18% Apr. 26 22 19% 20% 15% Apr. Apr. 11% Apr. 12% Apr. 4 Apr. % Apr. 103 Apr. 18% Apr. 28. Apr. 23 39 Apr. 5% Apr. 15% Apr. 79% Jan. 10 Apr. 30 Mar. 10 Apr. 30% Jan. Feb. 5 56 Apr. 101% Apr. 6 Mar. 10 Mar. 10 Apr. Apr. Apr. Jan. Jan. Jan. Apr. 108 126% 136% 117% 115% 12% 1 1 3 3 3 1 3 4 Apr. 138% Apr. 175% Jan. 1 Apr. 15% Apr. 1 % Apr. 22% Apr. 8% Apr. Mar. 10 24 Feb. 8 26 10 15% Mar. 11 25% Jan. 8 8% Jan. 28 1% Jan. 13 123% Feb. 10 32% Jan. 3 32% Mar. Jan. 12 44 1 9% Jan. 10 20% Mar. Mar. 23 87 10 12% Jan. 31 35% Jan. 10 22% Jan. 26 33% Mar. 24 6% Mar. 11 78% Jan. Jan. 11 135 31 11% Jan. 10 19% Jan. 519,700 8,400 8,000 4,200 30,100 69,700 28,800 9,600 23,300 48,600 74,300 5,200 1,870 60,900 18,400 9,700 1,070 1,600 100 43,400 9,200 24,300 11,400 4,000 39,600 American shares Electric Power & Light * * -* $7 preferred $6 preferred Electric Storage Battery Elk Horn Coal Corp * * El Paso Natural Gas Co 3 50 Endicott-Johnson Sale 30 Sale 1% Sale Sale 29 41 43 — Ex-Cell-0 Corp 3 - Exchange Buffet Corp Fairbanks Co 8% preferred-100 Fairbanks Morse & Co .—* Fajardo Sug Co Porto Rico—20 & Traction 15 $6 preferred * Federal Mining & Smelting .100 Federal Light 100 Preferred Federal Motor Truck * Federal Screw Works.. * * Federal Water Service A 10 Firestone Tire & Rubber 6% preferred series First National Stores 100 A * (The) * Florence Stove Co * Florsheim Shoe (The) cl A—* * IFollansbee Bros Food 10 Machinery Corp 4%% conv preferred—-.100 Foster-Wheeler 10 * * 100 10 7% conv preferred 9,800 Francisco Sugar Co 130 Franklin Simon pref 56,700 Freeport Sulphur Co.- 8,800 Gabriel Co (The) class A— 30,900 Gair Co Inc (Robt) $3 preferred 12,500 10 3,310 Gamewell Co (The) * 340 Gannett Co Inc conv $6 pref..* 3 22,400 Gar Wood Industries Inic 7,300 Gaylord Container Corp 5 5 >2 % conv preferred 50 2,100 * 26,600 Gen American Investors 700 $6 preferred * 5 53,800 Gen Amer Transp Corp 5 79,100 General Baking Co. 720 $8 1st preferred * 5 13,400 General Bronze * 135,600 General Cable Class A * 20,400 Preferred 7% 100 3,700, * 15,300 General Cigar Inc 810 7% preferred 100 849,900 General Electric * 167,800 General Foods $4.50 preferred 4,900 * 54.700 General Gas & Electric cl A__* 500 $6 conv preferred A * * 24,700 General Mills 2,580 6% preferred 100 1,705,800 General Motors Corp 10 Preferred 5% 15,500 * 3,100 Gen Outdoor Advertising A—* Common * 25,100 18,800 General Printing Ink-1 500 $6 preferred * __* 15,300 General Public Service 57,000 General Railway Signal-* - - 6% preferred 13 Sale 24% Sale 2% 1% 6% 6% Sale 43 28% Sale 100 40 5 * 67% 70% 77 1% 1% 2% 1% 4% 7% 15% 1% 4% 27% 23 13 14 12% 81 84 82 107 97 115 80 90 4% Sale 3% Sale 1% Sale 86% Sale 34% Sale 18 24% 24% Sale 99% 100 42% 31% Sale 34% 36 18 19% 2% Sale 3 Sale 34 107% Sale 28% Sale 87 90 Sale 3% 58 48% 29% Sale 2% 2% 3% 2% 20% 83 31 16% 19% 102% 42 20% 25% 16% 2 25% 99 16% "2% 30 20 1% 2% Sale 2% 2% Sale 20% 18% 23% % 2 Sale , Sale 2 \X 4 Sale Sale 2% Sale 13 Sale 10 Sale 9 14 Sale 101 10% 94% 4% Sale 95 6% Sale 18% Sale 51% 51% Sale 9 104% 100 59 Sale 9% Sale 133 140 4% Sale Sale I lH Sale Sale 72 23% Sale 127 130 43% Sale 39% Sale Sale 114 1% 124 Sale Sale 39 78 Sale H 50% 123% 34% 6% 10% 107% 1% 26% 90 111,800 Gillette Safety Razor $5 conv preferred—— 13,400 page Sale Sale 23} see 78 4 78,400 Gen Realty & Utilities Corp_.l $6 preferred 13,800 * * 64,000 General Refractories 12,370 Gen Steel Castings $6 pref * 600 General Telephone Co—! 20 31,600 Gen Theatres Equip Corp * 4,700 Gen Time Instrument Corp..* 110 6% preferred 100 5 181,100 General Tire & Rubber Co For footnotes 68% Sale Sale Federated Department Flintkote Co 8% 4% Sale 2% Sale 5 5 32% 40 Sale 100 100 4% 1st preferred 4% 2d preferred cJ^ 104% 2 Eureka Vacuum Cleaner Evans Products Co 25 27 Sale 100 Erie RR 380 340 33% 100 110% 1 9% —* 66% * 71% * 76 * 1% 5% preferred Engineers Public Service $5 conv preferred$5.50 preferred w w $6 cum preferred Equitable Office Building Stores.* 4%% preferred 100 Fidelity Phenix Fire Ins..2.50 140 Filene's (Wm) Sons Co * 66,800 9,900 45,700 175,800 4,100 3,600 10,100 12,000 1,830 79,400 2% Sale 11% Sale 37% Sale Sale Sale Sale 38 6% Sale Sale Sale 1% Sale 19% Sale 40% Sale 30% Sale Sale 4% 4% 15 14 15 50 46% 5% Apr. 10 Apr. 10 Apr. 10 11 Apr 94 Apr. 22 3% Apr. 10 13% Apr. 10 1% 2% 8% 9% . 2 Apr. 3% Apr. 10% Apr. 10% Apr. 97 Apr. 4% Apr. 14% Apr. 3 3 3 15 3 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 31 Apr. 38% Apr. 115% Apr. 7 5% 6% 97 103 103 95 44 40 Sale 47% Sale 8% 8% Sale 8% 8% 140 146 133 140 143 Sale 3 2% Sale 2% 9 Sale 10 9% Sale 19 17% 18% Sale 21% 43 45 57 59% 45 Sale Sale 20 22 19% Sale 124 127 128 130 ?5% , 34% Sale 39% Sale 115% 118 % Sale 45 55 Sale 79 122% 124 41% Sale 122% Sale 35 28 4% Sale 7% Sale 1 15% 91% Sale 1% Sale 94% Sale 16% 24% 17% 16% Sale Sale Sale Sale 21" Sale 8 Sale 51 Sale 6% Sale 50% Sale 98% 99% 34 Sale 42% Sale 115% Sale Sale 42 50 79 82 45 74 118% 118% Sale 36% 41% Sale 122% 123% 121% 30 35 4% Sale 7% 7% 108 110 1 c \X 15% Sale 87 1 90 Sale 15 14% 23% Sale 17 18% 14% 15% 10% Sale 12 10% 97% "18% Sale Sale 47 50 28 £pr' Apr. 12 6% Apr. Apr. Apr. 9% Apr. 144 Apr. 3 Apr. 11% Apr. 23% Apr. 49% Apr. 22% Apr. 130% Apr. 37 Apr. 18 121 Jan. 11 11 8 11 10 10 26 1 10 11 13 11 10 11 10 13 28 21 1 3 28 1 12 81 13 85 13 3 12 1 3 12 21 4 3 5 3 3 28 5 1 1 12 3 Jan. Apr. 101% Apr. 2% Apr. Mar. 2 % Apr. 18% Apr. 83 Apr. 27% Apr. 16% Apr. 17% Apr. 99% Jan, 38% Apr. 16% Apr. 25 Apr. 17% Jan. 1% Apr. 21 Apr. 103% Apr. 14% Apr. 76 27 19 3 1 Mar. 1% Apr. Mar. 38 18% Apr. 8 94 3 3% 13% 47% 5% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Mar. Apr. 3 3 1 17 3 1% 2% 8% 9% 25 8 96 Jan. 3 40 Apr. 43 1 8 15 19 11 10 19 3 19 3 9 3 6 1 5 3 27 11 Apr. 4 Apr. 17 5 7% Apr. Mar. 17% Apr. 43 Apr. 19% Apr. 125% Jan. 31 Apr. 36% Jan. 114 3 Apr. 28 Apr. 11 3 Apr. Apr. 13 Apr. Jan. 2% Apr. 28 47 8% Apr. 134 3 117% Apr. % Apr. Jan. % Apr. 39 Jan. 72% Jan. 120 Apr. 36% Apr. 121% Apr. 28 Apr. 4% Apr. 7 Mar. Apr. 1 1% Apr. 4 1 Apr. 3 14 Apr. 6 92% Apr. 1 1% Apr. 17 Apr. 15 3 26% Apr. 3 20% Apr. 15% Apr. 22 3 12% Apr. 1 12% Apr. 90 Jan. 15 108 8 Apr. 18 3 Apr. 6 % Apr. 24 1 50% Apr. 22 23 25 Apr. 14% Apr. 1 Apr. 2% Apr. 24 Apr. 20 Apr. 11 Apr. 105 Apr. Mar. % Apr. Apr. 19% Apr. 16 Apr. 15 Apr. 9% Apr. 15 12 Apr. 98% Mar. 15% Apr. 5% Apr. 44 Jan. 156% Jan. 5 118% Feb. 27 18% Mar. 2 1 8 Jan. 26 186% Jan. 3 183% Feb. Apr. 6 5 5 13 5 Mar. 10 Jan. 3 • 16 3 29 14 3 142 28 Jan. 4 1 11 25 38 4 13 Jan. xl03%Mar, 22 3 8 7 Apr. 15 8 62% Apr. 5 8 65% Apr. 6 69 Apr. 8 % Apr. 1 1% Apr. 3 2 Apr. 1 1% Apr. 13 11 16 Jan. Apr. 10 Apr. 11 8 Apr. Apr. 11 4 Apr. 97 15% Apr. 10 19% Apr. 11 16 8 Apr. 15 Apr. 28 9% Apr. 11 6 12 Apr. 15% Apr. 5% Apr. 44% Apr. Jan. 49 Apr. 11 80% Apr. 29 124% Apr. 11 44% 8 125 Apr. 4 29 Apr. 5% Apr. 10 4% 7% Apr. 105 Apr. 1 Apr. 14 Apr. 90 Apr. % Apr. 2 25 11 25 26 4 11 6% 20% 18% 23% % 8 50 Sale 15 17 10% 96 13 11% 12% 14% 15% 94 46% 6% 108 Sale" JX 98 Sale 3 3 9 12 14 12 115 Elec & Musical Industries 35,700 409,200 113,700 35,200 28,500 6,400 54,100 4,400 3,060 1 1939 Jan. 1 Shares 342,700 12,800 8,100 206,400 134,700 RANGE SINCE JAN. Jan. 3 EXCHANGE N. Y. STOCK PRICES IN APRIL Price STOCKS Since 3% 27% 3% 38% 15% 4 5 8 Aor. 3 Mar. 10 Jan. 4 Mar. 10 Jan. 4 3% Mar. 6 12% Jan. 19 ilX 38 Jan. Feb. 30% Mar. si" in" Jan. 20 6 3 5 Mar. 13 Jan. Jan. 7 30 11% Mar. 10 78 80 Jan. Jan. 86 £3 Mar. Jan. 3 Jan. 4 i Jan. 4 Jan. 5% Mar. 20 20 8 5 8 13 Jan. 3 24% 2% 6% 43% Jan. 3 20 Feb. 27 Jan. 15 4 29% Jan. Jan. 16% Mar. 4 89% Mar. 10 110 Mar. 15 101% Apr. 6 13 Jan. 6 3% 1% 26% 89% Jan. 7 19 35 Mar. 10 19 Mar. 17 Jan. Mar. 11 Feb. 25% Mar. 104% 6 9 Mar. 16 48% Feb. 31% Jan. 16 4 5 36 Jan. 20 Mar. 1 Jan. 5 Jan. 5 Jan. 11 3% 35% 108% 29% 90% Jan. 5 Jan. 6 d" Jan. Jan. 13 30 Jan. 3 2% Jan. 9 4 Jan. 5 3 13 Jan. Jan. 3 3 14 100 Mar. 27 Jan. iP 52 9 5 Jan. 3 Jan. 17 J an. 3 103% Mar. 28 5 60% Jan. 11 Mar. 9 148 Mar. 13 4% Jan. 4 18 Jan. 35 Jan. 3 75 Jan. 4 4 6 25% Jan. 130% Mar. 31 5 44% Jan. 43 Apr. 27 117% Apr. 11 Jan. 5 d" Mar. 83 Mar. 17 127 Jan. 9 27 51% Mar. 9 125% Mar. 11 38 Feb. 28 6% Jan. 10% Jan. 3 110 nlX 28 Mar. 5 6 Jan. 20 Jan. 5 92% Apr. 6 Jan. Jan. 3 Jan. 4 20 41 32% 15% 15% 16% 99% 27% Jan. 5 4 Apr. 22 Jan. Jan. Feb. 4 9 8 Mar. 10 3 8% Jan. 54 Mar. 14 AGGREGATE SALES STOCKS April Shares Jan. 3 N. Y. STOCK EXCHANGE Since Jan. 1 1939 Shares April 1 Par 58,000 1,200 14,100 500 191,200 Gimbel Brothers 7,400 $6 preferred 57,000 Glidden Co (The) 3,200 4Y%% conv preferred 11,900 11,800 78,800 Gobel (Adolf) 1 40,400 Goebel Brewing Co 1 540 Gold & Stock Teleg Co—100 248,900 Goodrich (B F) . * 23,100 $5 preferred 479,500 Goodyear T & R * 12,700 $5 preferred * 18,300 Gotham Silk Hosiery * 830 Preferred 100 105,800 Graham-Paige Motors 1 100 75,400 4.000 131,400 2,300 3,700 ' 10 23,600 14,700 2,800 2,200 4,500 5,500 1,700 18,400 '94,200 6,600 230 10 17,900 20 163,200 6,800 2,800 500 400 1,100 1,800 160 11,900 * * * 50 - - - Granby Consolidated Mining Smelting & Power Ltd 5 10,200 Grand Union Co (The) - -1 14,300 $3 conv preferred series * 12,100 Granite City Steel * 31,400 Grant (WT) 10 5,600 5% preferred 20 73,000 Great North Iron Ore Prop—* 393,800 Great Northern pref 100 32.100 Great West Sugar--* 1,810 Preferred 100 10 Green Bay & Western 73,800 Green (H L) Co.. 60 Greene Cananea RR.100 -----1 Copper—100 599,000 Greyhound Corp (The) 28,600 5}4% preferred 8,700 Guantanamo Sugar-- -* 10 60 270 2,200 200 12,800 1,209 43,400 5,500 179.800 1,800 190 790 100 * $5 pref Refrac—--* Hayes Body Corp -2 Hecker Products Helme (G W) _ 7% preferred _ - 35,700 1,960 4,300 4,900 1,200 53,600 1,070 19,300 18,800 100 12,300 280 3,900 4,000 — 10,300 800 32,300 Sale 16 Sale Sale 3854 Sale Sale 74 80 Sale 154 Sale iJH i§* a 6% preferred 100 Hershey Chocolate * $4 conv preferred -* Hinde & Dauch Paper Co—10 Holland Furnace (Del) 10 $5 conv preferred 98 Hollander 5 (A) & Son-- Holly Sugar Corp --* 7% preferred -100 62,600 Homestake Mining 12.50 6,600 Houdaille-Hershey class A—* Class B * 114,500 - 2654 Sale Sale 100 354 71 54 1854 Sale Sale Sale Sale 26' Sale 13554 137 40 it" 13 2VA & 99 97 31 31 105 100 Sale 7254 354 7454 Sale 15954 1654 Sale Sale 133 55 134 104 105 5654 20 1754 5054 Sale 10754 11154 954 954 1454 Sale 10454 64 Sale 33 54 3154 1754 Sale 36 Sale 74* 80 1554 Sale 5954 6954 2454 Sale 97 9454 354 Sale 75 70 54 54 554 154 1354 1154 654 154 Sale 12 75 Apr. 1354 Apr. Apr. 10 2154 Apr. 11 90 Apr. 8 Apr. 8 Apr. 20 54 Apr. 1 3 72 454 Apr. 8 A ipr* 10 11 11 10 27 28 25 2354 24 2354 1254 1654 13 Sale 19 Sale 25 2554 24 137 133 66 50 2654 32 38 25 28 32 17 Sale 17 Sale 1454 1154 Sale 1154 Sale 10 ii" J* Sale 12 ----- 1 1254 3H 3 16 1154 30 Sale 35 36 2954 3454 854 Sale 16 1254 10254 10354 10254 103 20 125 Sale 10 14 99 99 Sale 1854 13054 554 7254 254 100 Sale 100 10 Sale 1054 10554 75" 254 136 Sale Sale 109 116 160 12 163 6854 13054 55 54 104 15 37 _____ Sale Sale Sale Sale 107 20 Sale 10654 Sale 854 Sale 1054 Sale 32 Sale 54 15 54 9 4 3 12 11 2954 35 2954 Apr. 11 3 Apr. 8 Apr. 11 15 15 9954 99 Apr. Apr. 19 9954 Apr. 20 17 Apr. 135 130 Apr. 554 454 Apr. 75 72 Apr. 2 Apr. 93 Apr. 854 Apr. 110 Apr. 15954 15954 Apr. 10 1154 Apr. 27 100 Sai* li?" 65 63 6354 13154 13154 12854 61 57 5554 105 103 104 19 15 1454 Sale 32 3154 106 10754 Sale 754 854 754 1054 1154 Sale 28 Sale 2954 1054 Sale Sale Apr. Apr. Apr. Apr. 29 Apr. 2354 Apr. 654 154 1354 12 J4 12 10 20 8 27 10 61 Apr. Apr. 854 Apr. 11 17 1354 Jan. 3 6654 Mar. 11 5 1454 Mar. 31 2454 Jan. 35 47 Apr. 128 254 Jan. 23 1J4 Apr. 70 Jan. 1354 Apr. Apr. 215s Apr. 90 Apr. 3 Apr. 72 Apr. 54 Apr. 53 Mar. 1 Apr. 3 Apr. 1054 Apr. 21 15 Apr. 19 4 10254 Apr. 3 1021/ Apr. 3 2054 Apr. 134 Apr. 26 1 6 Apr. 30 35 ■ 5 80 Jan. Mar. 154 Jan. 75 2954 Jan. 27 5 32 Jan. 8 Apr. 11 15 Apr. 19 99 Apr. 9954 Apr. 17 Apr. 130 Apr. 454 Feb. 7 354 Mar. 14 2J4 Jan. 4 79 Mar. 13 2454 Jan. 4 7454 Mar. 16 3854 Jan. 3 10954 Jan. 5 Jan. 8 454 Apr. Jan. 4 54 Apr. 10 29 11 Apr. 10 1554 Mar. Jan. 20 3 8 10 Apr. 28 2454 Jan. 27 *3154 Mar. Jan. 25 2254 Jan. 23 24 3 8 1654 Jan. 1254 Apr. 3 Jan. 8 1654 Apr. 3 Mar. 24 Apr. 10 28 5 133 Mar. Apr. 14 139 4 4 50 50 Apr. Apr. 5 2454 Jan. 26 3254 Mar. 6 Jan. 40 6 32 Apr. 3 1454 Apr. 11 2154 Mar. 5 8 1254 Jan. 10 Apr. 28 1 154 Jan. 54 Apr. 27 8 9 1854 Feb. Apr. 5 3 554 Jan. Apr. 10 8 Jan. 8 22 11 Apr. 31 Jan. 3 3 3 3 27 3 5 13 7 5 4 11 1 4 14 5 9 4 9 6 4 4 4 Mar. 3 24 1754 Mar. 10 12* Feb. 12 10354 Mar. 28 Mar. 17 27 103 Jan. 4 10 32 20 13854 Jan. 11 3 754 Mar. 10 Mar. 11 79 19 1 Apr! 1 254 Apr. 1 11 100 Apr. 10 1014 Apr. 28 8 116 5 Apr. 110 Feb. 20 117 Mar. 24 17 160 10 13 159 10 Jan. 21 165 Apr. 10 17 Feb. Apr. Apr. 5 3 8 3 Apr. 68^4 Apr. Apr. 10 13154 Apr. 25 5 57 Apr. 13 Apr. Apr. 27 10654 Apr. 21 Apr. 17 1454 Apr. 17 3 Apr . 29 3954 Apr. Apr. 10 10854 Apr. 22 3 Apr. 10 854 Apr. 1 Apr. 1154 Apr. 21 27 754 Apr. Apr. 52 28 102 64 30 2854 1054 Sale 1054 Apr. 3 57 Apr. 18 Apr. 3 3954 Apr. 4 354 Apr. 25 254 Apr. 7854 Apr. 25 18 Apr. 3 6354 Apr. 3 2854 Apr. 3 100 Apr. 354 Apr. 72 Apr. 20 1 Apr. 5 Apr. 10 8 Apr. Apr. 10 5 Apr. 8 14 Apr. Apr. 8 2254 Apr. Apr. Apr. 10 2654 Apr. Apr. Apr. 14 135 4 50 Apr. Apr. Apr. 10 2954 Apr. 6 32 Apr. Apr. 1854 Apr. Apr. 11 8 Apr. 1154 Apr. 1 1 Apr. Apr. 8 1454 Apr. Apr. 3 54 Apr. Apr. 10 8 Apr. 12?4 Apr. 35 Sale 96 6154 6 11 53 27 40 Sale 15 40 Sale Sale Highest Sale Prices 66 Sale 45 35 20 % Sale 2054 Sale 25 h Sale 136 a 13954 27 17 Sale 2754 Sale 2354 23*4 Sale Sale 75 Sale o 2754 1254 Sale Sale 554 Sale VA Sale Lowest Sale Prices 52 Sale 61 Sale Highest Sate Prices 754 Apr. 11 Apr. 17 Apr. 8 38 Apr. 17 254 Apr. 8 154 Apr. 10 55 354 Sale 77 5 Sale 32 Sale Sale 70 Sale 109 Lowest Ask 354 Sale Sale 65 86 Hercules Powder Sale 39 64 54 100 * 854 24 H 10654 —25 106 1154 Sale Corp——-1 -25 10954 111 10 «. 2H Sale 2% Sale Hazel-Atlas Glass Co 8,200 300 47 45 100 13854 Sale 6 --1 with warr 100 20,000 Hercules Motors 500 Sale 30 6 % preferred Hat Corp class A 6 H % preferred 4,400 510 1654 33 3254 1154 Sale 1654 10 650 Hanna (M A) Co 33,900 Harbison Walker 8,300 1,100 57 Sale 25 Preferred A 2,200 Hamilton Watch 480 6% preferred 32,700 Sale 25 2,800 Hackensack Water— 34,500 Hall Printing 180 150 Sale --* 780 8% preferred... 100 2,800 Gulf Mobile & Northern--100 3,200 6% preferred 100 500 120 11,500 W* 60 2354 Bid Sale Prices April 29 Ask Bid Sale 854 Sale 50 Ask Bid 60,700 680 RANGE SINCE JAN. 1 PRICES IN APRIL Price ■ In 35 N. Y. STOCK EXCHANGE—STOCKS MAY, 1939] 1 8 10 6454 Apr. 26 2954 Apr. 28 3 1254 Apr. 71 2 Jan. 5 454 Jan. Apr. 10 Jan. 4 Apr. 11 106 10 1254 Mar. 10 854 Apr. 93 Jan. Jan. 86 8 63 Apr. 12854 Apr. 10 13554 Mar. 54 104 17 5 3 6 Mar, 10 7 Apr. 27 10954 Feb. Jan. 19 7 Apr. 17 Jan. 4 51 Apr. 28 Jan. 6 Mar. 18 110 1154 Mar. 9 Apr. 10 4 1 1554 Jan. Apr. Jan. 28 61 1454 3154 10554 754 1054 1 10454 Jan. 12 10454 Jan. Mar. 10 6054 Mar. 31 66 8 3654 Mar. 9 27 Apr. 3 10 1754 Jan. 854 Apr. Household Finance— 700 300 32,000 9,500 4,100 1,300 22,600 24,500 30,600 59,100 2,000 1,050 550 1,500 18,700 3,200 «. 8,100 43.200 7,500 26,300 4,500 400 2,700 57,200 7.300 1,000 5,100 33,900 600 36.200 12,900 9,500 141,400 200 95,900 60,900 4,590 1,600 1,000 2,100 3,500 300 151,200 23,900 11,100 410 1,500 1,500 2,100 19,700 200 2,800 1,800 20 8,300 1,900 1,500 «... « _ 1,200 70 7,300 4,600 95,800 49,800 12,000 2,600 104,700 81,200 115,900 Common stock 30 * C--25 Howe Sound Co --5 Hudson & Manhattan--—100 Hu/%ayeMhf &" Sm Co Ltd 100 * Hudson Motor Car 7054 Sale Sale 104 8 2054 100 6% preferred series A 100 3454 4454 Leased line 4% 100 105* RR sec stock ctfs ser A-1000 Indian Refining —10 2454 Industrial Rayon Corp - -—* 119 Ingersol-Rand 440 6 % preferred 100 148 93 39,600 Inland Steel 1654 170,400 Inspiration Cons Copper—-20 25,400 Insurancshares Ctfs Inc—--1 754 63,400 ilnterboro Rap Trans 100 28 21,200 Interchemical Corp 2,510 6% preferred 100 92 4 * 12,900 Intercontinental Rubber 1454 * 201,900 Interlake Iron254 20,800 Internat Agricultural --* Prior preferred 5,800 100 2554 * 180 16,300 Int. Business Machines— 6054 * 165,900 International Harvester 4,700 7% preferred 100 157 149,600 Internat Hydro-Elec Sys A-25 W 354 76,100 International Mercan Marine-* 854 24,000 Internation Mining Corp.—1 305,000 9,500 4,030 2,460 5,200 76,200 15,100 Illinois Central _ 511,200 International Nickel of Canada* Preferred 100 1,500 367,600 International Paper & Power 15 218,300 5% conv preferred 100 16,500 Internatl Rys of Cent Amer--* 6,090 5% preferred —100 * 6,000 International Salt 19,400 17,000 2,820 -566,600 110,800 43,300 1,120 7,200 6,300 International Shoe 50 100 7% preferred International Tele & Tel 8,900 65,800 720 8,400 10,700 * Foreign share certificates._ Interstate Department Stores * Preferred 10 * Intertype Corp Island Creek Coal— 470 $6 preferred--- —1 — Jones & Laugh Steel pref—100 Kalamazoo Stove & Furn Co 30 350 Kansas City Lt 1st pref ser B. * 25,100 Kansas City Southern...—100 5,500 4% preferred.100 8,400 Kaurmann Department Stores 1 700 5% conv preferred-100 -----5 11,800 Kayser (J) & Co 140 Keith-Albee Orpheum pref. 100 33,400 58,100 Wheel— Convertible class A Conv class B 530 Kendall Co $6 part For footnotes sea page 40. 1 —-.1 pref ser A_* 554 2854 1154 654 Sale Sale 90 95 Sale Sale Sale 454 854 Sale Sale Sale Sale Sale Sale 18 • 1954 Sale 254 Sale Sale Sale Sale 2154 i854 15954 160 160 Sale Sale Sale Sale ih "IB li* 76 Sale 954 2054 Sale 124 Sale iP 1154 Sale 22H Sale 1254 105 Sale 87 95 13 8 91 Sale Sale 9354 Sale 136 86* Sale Sale 46* n 1054 Sale Sale Sale 31 79 Sale 13554 137 33 Sale 454 654 Sale 48 Sale Sale Sale Sale 5254 3454 33 Sale 33 Sale 2154 8754 89 Sale Sale Sale Sale. Sale 8154 Sale 9 854 19 1854 11654 123 6954 Sale Sale 11 10 10 3 8 10 8 90 Sale Sale 8 1754 Apr. Sale Sale 6 11 8 Apr. 954 Apr. 454 Apr. 454 Apr. 167 16754 5354 5 Apr. 454 Apr. 1654 Apr. 86 Apr. 67 Sale 18454 3 954 Apr. 10 8 1654 Apr. Sale 14654 7754 Sale 10*4 Sale 5 454 454 Sale 1954 Sale 9254 Sale 254 Sale f* Apr. 10 3854 Apr. 10 7 Sale 20 1 8 854 1854 19 1215^ 123 754 70 Sale 6954 7154 254 75-4 154 16 155 48 15754 3 54 254 554 8 8 7 Sale 85 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 134 68 10 25 Apr. 554 Apr. 654 Apr. 854 Apr. 79 Apr. 8 Apr. 18 Apr. 26 90 11 754 814 1154 8154 854 68 11 10 3 11 4 Apr. 10 Apr. 10 8054 Apr. 14 . _ 10 10 3 6 11 8 8 4254 Apr. 11 8 Apr. 3 Apr. 3 Apr. Apr. 28 Apr. 27 Apr. 27 5 Apr. 7 Apr. 3 Apr. 3 Apr. 3 Apr. 3 Apr. 1 Apr. 5 Apr. 6 Apr. Apr. 87 8 19 654 2654 354 3954 29 3154 19 84 554 654 854 7754 8 18 120 6554 12254 35 13 11754 554* 11 854 97 Jan. 12 7 Jan. Apr. 10 Jan. Apr. 4 11 Apr. 11 Apr. 10 9 Jan* Apr. 11 4 Apr. Jan. 854 5554 154 554 3554 8J4 254 3 6 Mar. 9 Jan. 20 9 Jan. Jan. 10 5 Jan. 3 Jan. Jan. 2054 Jan. 4 Jan. 3 35 Mar. 13 4 1154 Jan. Jan. 6 8 49 2954 Jan. 16 3 119 Jan. 151 Feb. 8 9454 Jan. 1754 Jan. 4 5 Mar. 2 954 Mar. 2854 Jan. 3 5 95 454 1554 354 2754 19554 6654 1 Apr. 26 Jan. 4 Jan. 4 Jan. 4 Jan. 4 Mar. 13 Mar. 9 16254 Mar. 23 5 854 Jan. 454 Jan. 12 5 854 Jan. 5554 11 137 Apr. 11 Apr. 11 Jan. 23 9 Jan. Jan. 7054 Jan. 21 10954 Mar. 16 954 Apr. 10 8 1654 Apr. 3854 Apr. 10 5 Apr. 11 454 Apr. 10 1654 Apr. 10 3 86 Apr. 14854 Mar. 20 3 8 67 Apr. 3 8 954 Apr. 24 8 454 Apr. 25 454 Apr. 10 3 8 1754 Apr. 26 8 90 Apr. 3 1 254 Apr. 3 754 Apr. 10 1 8 154 Apr. 3 8 16 Apr. 3 155 Apr. 11 21 48 Apr. 11 27 15754 Apr. 8 3 354 Apr. 10 3 8 254 Apr. 20 554 Apr. 11 3 Apr. 14 7254 Apr. 8 75 3 Apr. Apr. 3 128 Apr. Apr. 20 8 4154 Apr. 3 Apr. Apr. 10 1554 Apr. 26 Apr. 21 11954 Apr. 21 7 54 Apr. 3 Apr. 11 3 Apr. 11 1554 Apr. 3 Apr. 24 IJ4 Apr, 19 A" 86* 80 21 95 Apr. 11 4954 Apr. 14 136 Apr. 11 954 Apr. 11 35 8 554 Apr. 8 45 53 Apr. 2954 Apr. 12 32 3254 Apr. 15 43 , 954 Sale 654 Sale 80 8154 8054 1254 454 654 4254 13454 654 2654 3H 126 Sale 1054 Sale Apr. Apr. 454 Apr. 40 Apr. 154 Apr. 3 Apr. 2554 Apr. 454 Apr. 1 Apr. 61 103 3 1354 Apr. 4 2054 Apr. 3 Apr. 4 7 Apr. 654 Apr. 15 3 2154 Apr. 9654 Apr. 13 45 8 Apr. 1 Apr. 254 10 Apr. 1054 8 2 Apr. 8 19 Apr. Apr. 11 170 Apr. 11 5654 8 16054 Apr. Apr. 10 554 8 Apr. 354 754 Apr. 11 6554 125 128 12254 35 3654 40 15 13 Sale 1554 1654 118 121 L18 119 11954 554 654 Sale 654 6J4 11 15 1454 1454 17 Sale 854 854 954 98 90 98 1254 Apr. 11 1454 1354 14 54 85 85 98 Apr. 25 # 6454 Apr. 28 Apr. 15 3 654 Apr. 3 47 Apr. 1 154 Apr. 4 354 Apr. 3 31 Apr. 3 554 Apr. 3 154 Apr. 21 104 10 4254 aVA 5 Sale Apr. Apr. 454 Apr. 40 Apr. 154 Apr. 3 Apr. 2554 Apr. 454 Apr. 21 Sale Sale Sale Sale a* 28 Sale Sale 99 Sale Sale 61 103 Sale 1154 Sale 1854 Sale 2554 8454 954 954 63 18 120 154 42 h 7354 Sale * Sale --* 105 -100 130 Preferred Sale Sale Sale 3054 9 Sale 65 6454 10354 108 554 Sale 45 4254 Sale Sale 13454 1454 Sale 5154 Sale 354 39 30 6754 106 Sale Sale 132 122 Jewel Tea Inc.--—- Johns-Manville 5554 62 10254 554 4654 154 354 554 Sale 154 Sale 32 — International Silver Sale 5054 Sale 154 Sale 454 554 3454 Sale 854 Sale 2 Hupp Motor Car Corp Kelsey Hayes 9,000 12,600 - 100 5% preferred Houston Oil of Texas v t Jan. 3 ¥ a* Feb. 17 Jan. 3 Jan. 3 Mar. 10 Mar. 10 Feb. 10 3554 Jan. 2l 3154 Mar. 9 96 Mar. 24 954 Jan. 19 Feb. 28 1454 83 Jan. 3 Mar. 31 5 1054 Jan. 2054 Mar. 20 27 125 Mar. 9 14 7954 8 105 3 132 8 64 10 Apr. Apr. Apr. Apr. Apr. Jan. Apr. Apr. Apr. 27 11 11 24 Feb. 4 Mar. 16 3 Jan. 10 Jan. Jan. 4 Jan. 7 20 Jan. Jan. Jan. 12 4 4 Mar. 13 Jan. 17 1354 Apr. 15 Apr. 19 tin Jan. 20 89 85 95 18 1054 Apr. 3 754 Apr. 3 8154 Apr. 20 754 Apr. 10 554 Apr. 10 80 Mar. 2 1454 Mar. 1254 Apr. 11 Apr. 25 Jan. 1054 Mar. 92 Jan. 8 8 11 N. Y. STOCK 36 EXCHANGE-STOCKS AGGREGATE SALES PRICES Price STOCKS April 30 620 28,300 1,700 3,000 20,300 670 10,500 4,000 4,100 19,100 6,400 1,500 24,900 6,600 1,600 2,100 5,600 500 800 11,000 3.600 2,9(JU 10,000 34,300 600 443,400 12,500 8,000 3,800 60 22,500 610 5,200 4,800 700 70 19,300 16,600 3,400 4,400 6,200 1,000 2,400 34,000 1,200 3,800 28,600 1,100 29,000 156,300 2,500 5,100 8,500 70 8,000 8,000 1,600 540 5,000 30,300 '8,500 2,000 16,400 16,300 6,100 30 4,900 140 100 1,900 6,700 2,380 80 7,600 22,500 14,200 5,200 670 7,200 250 17,800 300 200 500 160 2,300 8,000 24,700 1,600 4,600 6,100 8,000 510 440 165,000 400 830 14,700 7,900 5,700 13,900 960 600 1,800 360 25,100 600 __ 177,200 200 700 Keystone Steel & Wire Co III* Kimberly-Clark IIIi Kinney (G R) * 8% preferred $5 prior preferred ::io Kresge (S S) Co Kresge Department Stores. ...i * Kress (S H) & Co new * Kroger Grocery & Baking 114,200 4,300 15,000 19,800 5,300 8,400 Bid * Kennecott Copper. 810,200 28,600 5,000 8,800 1,245 3,360 4,150 2,110 35,100 3,000 92,000 23,900 790 330 Par 100 Laclede Gas Light. 5% preferred Lambert Co (The) 43% Sale 12 26 1% 22% 14 % 20 % 4% 26% 21 Sale 27% 2% 32% 15 Sale 5% Sale 22% Sale Sale 8% 14% 14% 3% 30% 19% 30% Sale 24 112 * * * 12.600 Link Belt Co 2.9 JO Lion Oil Refining Co 36 Sale Sale Sale Sale 14% 15% Sale 109 100 .10 Preferred Louisville Gas & Elec A 100 * 100 21% 148% 16% Sale Sale Sale Sale 58 Sale 31% Sale Sale Sale Sale 36 Sale 28 1% 13% 8 12% 1% 5% 7 7 Sale Sale 6 Sale Sale 10 Sale 10% 32% 2% Sale 42 Sale 38 40 Sale 26 Sale 26 Sale 164 Sale 175 Sale 169 Sale 4% 4% Sale Sale 5% 57% 35% Sale 32 3,200 Myers (F E) & Bros Sale Sale Sale 29% 102 Sale 96 Sale 12% 10% Sale 12 Sale 11% Sale 93 101% 17% Sale 89 .92 20% 9% 53% Sale 7 Sale Sale 52 Sale 18 Sale 11 Sale 9 Sale 82 11% 10% 95 Sale 67 70 51 66% 50% 6% 26% 15% 7% Sale 96 93 9% Sale 80 66% 40 60% Sale 48 Sale 4 50 Sale 23 Sale 27 18% 14% 15% Sale Sale 53 % % % 14% 2% 9% 2* 17 56 Sale % % 14% Sale Sale % % % 10% 1% 5 49% % % % 12% Sale Sale 15 Sale 94 Sale Sale 30% 7% 13% 22% Sale 61 112 3% Sale 45 38 11% 1% 4% % Sale 12 7% 99% 18 c, Sale Sale 50 Sale Sale Sale 48% 3% 20% 107 45 16% Sale 57 112 Sale 10% 45 Sale 3% Sale 60 59 110 i}M 12% 1% Sale % 1% 12% 51% 35 Sale 36% Sale 92 115% Sale 120 Sale 118% 121 44% 38% Sale 45 39 29 32 Sale Sale Sale 35% 18% 15% 36 Sale Sale 11% 12% 29% Sale 18 7% Sale 43 Sale 12% 11% 58 56% 107% 109 10 8 * 50 Sale 52% Sale 5% Sale 36 10% 55 108 Sale 11% 57 Sale 5% Sale 42 45 99% Apr. 173 Apr. Apr. Apr. 15 21 8 1 8 8 1 10 1 10 6 10 10 10 11 6 11 11 19 10 10 Apr. 25 16% Apr. 11 8 36% Apr. 150 10% Apr. Apr. 2% Apr 35 Apr. 16 Apr. 23% Apr. 5 Apr. 26 Apr. 23% Apr. . m* Apr. 8 11 Apr. 4% Apr. 8 1% 4% 5% 11% 34% 1 4% 9% 30% 2% 34% Apr. Apr. Apr. Apr. Apr. 10 24 10 11 19 10 23 10% Apr. 9% Aprl 11 8 3 12 28 2H Apr. 25 29 130 Apr. 11 131 8 23 20 Apr. 31% Apr. 11 37% 13 Apr. 10 15% 25% Apr. 11 30% 4 1 Apr. 1% 1 5 Apr. 5% 1 9 Apr. 17% 6 5 Apr. 9% 10 3 1 6 3 3 1 9% Apr. 5 15% Apr. 4 15% Apr. 24 ,3% Apr. 11 3 31% Apr. 3 20% Apr. 116 Apr. 8 4% Apr. 3 Apr. 1 Apr. 21 22% Apr. 15 lly* Apr. 18 28 Apr. 15 3 45% Apr. 5 Apr. 3 37 Apr. 8 102 Apr. 3 102% Apr. 3 Apr. 14 Apr. 4 3 25% Apr. 39 Apr. 1 15 J* Apr. 15 15% Apr. 1 42 Apr. 3 107 Apr. 6 10% Apr. 12 47 * Apr. 28 Apr. 3 19 Apr. 1 107 Apr. 25 22% Apr. 24 154 Apr. 20 17% Apr. 3 46 Apr. 3 28 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 11 3 3 28 3 29 1 26 26 28 5 3 3 3 15 3 3 Apr. 24 Apr. 1 46 Apr. 3 5 Apr. 5 32 Apr. 3 99 Apr. 4 12% Apr. 3 3 12% Apr. 1 30% 11% 11% 17% sVA irA Sale 40% Sale Sale Sale Highest Sale Prices Sale Prices 28 Apr. 8 44% Jan. Mar. 13 8% Apr. 11 Apr. 8 27% Jan. 1% Apr. 11 2% Mar. 30 Apr. 10 40% Mar. Mar. 19 12% Apr. 10 20 Mar. 24 Apr. 8 4% Apr. 6 5% Jan. 24 Apr. 27 x27 % Jan. Feb. 20% Apr. 11 25 5 3 20 7 Apr. 13% Apr. Jan. 14 3% Apr. 8 13% 23% 18% 5% 35% 11 27 1 25 Jan. 26 17 Apr. 8 25 24 118 113 Jan. 3% Apr. % Jan. 1% Apr. 97% Apr. 99% Apr. 9 3 30 16 19 15 Jan. 20 Jan. 20 Mar. 9 Jan. 5 Mar. 10 Mar. 8 Mar. 16 10 5% Jan. 4 5 Jan. 3 3* 10 20% Mar. 31 9% Apr. 23 Apr. 36% Apr. 4% Apr. 34% Apr. 6 24 27% 12% 32% 56% 6% 10 10 10 11 Jan. 4 Jan. 5 Mar. 10 Mar. 13 Mar. 13 Jan. 3 6 40 Jan. 10 11 106% Mar. 14 11 Mar. 14 m 173 Mar. 20 15 10 21 10 Apr. 14 17% Jan. 20 5 40% Jan. Apr. Apr. 31% Apr. 14% Apr. 14% Apr. 35 Apr. 105 Apr. 6 11 47 12 15% Apr. 10 19 10 54% Jan. 11 10 4% Jan. 22% Mar. 10 Jan. 6 109 19% 147% 15% 36% Apr. Jan. Jan. Apr. 8 124 20 Apr. Apr. Apr. 4% Apr. 4% Apr. 9% Apr. 26% Mar. 2% Apr. 34% Apr. 23 Apr. Mar. 4 9 1 24% Feb. 25 3 154 Apr. 20 4 20% Mar. 13 8 58 Jan. 33 2 131 Jan. 25 Feb. Mar. 31 31% Apr. 13 Apr. 25% Apr. 1 Apr. Apr. Apr. Apr. 5 4 Mar. 20 11% Jan. 19 62 Jan. 5 105 28 15 10 108 Mar. 31 41% Apr. 2% Apr. 17 Apr. Mar. 13 Jan. 3 5 Mar. 29 Jan. 4 30% 43% 19% 38% 1% 4 1 1 Feb. 6 Jan. 3 Jan. 4 1?S 11 10 11 Apr.' 26 10 9% 13% 1% 5% 8% 15% 39% 5% 57% 11 36 6 8 8 10 24 10 17 19 Jan. 9 Mar. 3 Apr. 26 Mar. 9 Jan. 7 Jan. Mar. 5 9 Feb. 17 Feb. 24 Jan. 3 Jan. 3 Jan. 4 14 6 175 Feb. 40% Apr. 8 Mar. 11 4 Apr. 28% Jan. 30 164 93 Jan. Jan. 52 6% Mar. 10 36% Mar. 10 10 3 101 10% Apr. 11 9% Jan. 26 17% 14% 101% 22% 10% 59% 18% Feb. 14 Jan. 20 Mar. 16 88 18 15% Apr. 11 6% Apr. 10 7% 49% Apr. 11 i54 12 8% Apr. 11 7 8 Apr. 8% 92 93 Apr. 24 8 9% 7% Apr. 62 Apr. 11 66% 52% Apr. 24 52% 46 ' Apr. 11 49% 3% Apr. 10 4% 4 23 18% Apr. 15 13% Apr. 19 8 25 Apr. 31% 6% Apr. 10 8% 11% Apr. 10 13% 8 22% 18% Apr. 101 Apr. 11 110% 62 55 Apr. 11 8 112 110 Apr. 3% Apr. 40% Apr. % Apr. % Apr. % Apr. 10% Apr. 1% Apr. 8 8 3 4 6 10 8 4 Apr. 10 % Apr. Apr. 14 1 118 1 Apr. 10 40% Apr. 11 33 28 30 Apr. Apr. 11 9% Apr. 10 10 /Apr. 10 18% 5% 16% Apr. 4% Apr. 11 36% 11% 30 Apr. 10 8 9% Apr. 12 53 50 8 Apr. 107% 108% 106% Apr. 14 8 5% Sale 4% Apr. 47 45 3 44% Apr. \ For footnotes see page 40. 8 11 10% Apr. 11 93 85% Apr. 10 1 120% 115% Apr. 120 * 7 Apr. 13% Apr. 14% Apr, 3% Apr. 25 Apr. 17 Apr. 114 Apr. 3% Apr. % Apr. 1% Apr. 20% Apr. 9% Aprl 23 Apr. 36% Apr. 4% Apr. 34% Apr. 97% Apr. Apr. 11 Sale 168 Apr. 27 8 45% 40% Apr. 5 4 Apr. 10 29 30% Apr. 10 97 97% Apr. 17 9 62 Sale 7% Sale 13% Sale 111 15% 7% 52% 10% 7% 90% 8% 110 Sale 6% 93 Sale 30% 12 22 Apr. 8 8% Apr. Apr. 1% Apr. 30 Apr. 12% Apr. 20 Apr. 4% Apr. 24% Apr. 22 20% Apr. 11 99 21 Sale 105 12% 10% 29% 7% 12% 21% 104% 58% 39 16% Sale 28% Sale 107% 109 85% Sale . . 44% 4% 93 Sale 100 45% 4% 31% 99 115% 1 * * * 11 1% 36 29 35% 15% 28 26% 1% Sale 6% 5% 16% 15% 9% Sale 11% 10% 1% 1% 4% Sale 4% Sale 10% Sale 33% Sale 3 2% Sale Sale Sale Sale Sale Sale Sale Sale 49% 5% 1% Sale 5% Sale Sale 12% 163 Sale 9 Sale 15 15% Sale Sale 111 Mfg Corp class B 29 35 Sale 20 31% Apr. 11 14% Apr. 12 14% Apr. 10 35 Apr. 10 39% 105 107 Apr. 10 8 Sale 6 Apr. Sale 41% Apr. 11 3 2% Apr. 10 17 Apr. 10 18% 109 106% Apr. 26 8 19% Apr. 22% 21 41% 28 35 130 21 130% 115 SINCE JAN. Lowest Sale Prices 34 Apr. 3 Sale 27 31 27 Highest Sale Prices Sale 39 39% Sale 105% 106% Sale 7% 6% Sale 46 46% Sale 2% 2% Sale 18 18% Sale 100 106% 106% 22 21% Sale 155 151 153% 149 17% Sale 17% Sale 42 40% 43% Sale Sale * Mullins 22% 28% 123 80,400 Minn Moline Power Implem__l $6.50 preferred 2,300 —* 2,000 tMinn St Paul & S S M—100 900 7% preferred — - —100 1,680 4% leased lines 100 * 8,500 Mission Corp * 30,200 Mo-Kan-Texas 85,300 7% preferred series A____100 8,800 tMissouri Pacific 100 Convertible preferred 100 23,600 20 16,100 Mohawk Carpet Mills 10 43,300 Monsanto Chemical Wks $7 conv prefex-red 3,990 4,500 Munsingwear 8,600 Murphy Co (GC) 1,000 5% preferred 83,000 Murray Corp of America 16% 23% 32 5% preferred (P) common Mueller Brass Co Sale 178 Sale 106 Motor Wheel Sale 174 15 Sale 99 Motor Products 180 15 — 37,700 32,000 24,600 44,200 Sale Sale 39 Sale 50 * 5 1 Sale Sale 19 * * Sale Sale 25 $4.50 preferred 2.010 Preferred series B 1,080 689,800 Montgomery Ward & Co 2,200 Morrell (J) & Co 3,770 Morris & Essex Sale . 16% 15% 23% Sale Sale 74,700 Mclntyre Porcupine Mines._.5 66,000 McKeesport Tin Plate 10 — 1 40,400 McLellan Stores Co 430 .6% conv preferred 100 31,800 Mead Corp 380 $6 preferred series A 500 $5.50 pref ser B with warr.. * 8,300 Melville Shoe Corp. 30.4U0 Mengel Co -1 7,420 5% conv 1st preferred..—50 950 Merch & Min Transp Co...* 5 25,300 Mesta Machine Co.. 78,300 Miami Copper -5 50,200 Mid-Continent Petroleum.—10 ..* 26,000 Midland Steel Products 2,740 8% 1st preferred 23,300 Min-Honeywell Regulator Co.* 1,390 4% conv preferred serB-_100 % 1% 21% 11% 25% % Sale 18 Sale Sale 28,000 Mathieson Alkali Works___..* 680 7% preferred 100 38,000 May Department Stores 10 25,500 Maytag Co (The) * 8,700 $3 preferred with warr * 1,320 $6 1st preferred * 24,300 McCall Corp— * 121,200 McCrory Stores —1 2,200 6% conv preferred 100 1 44,300 McGraw Electric Co 5,000 McGraw Hill Publ.Co. 3% Sale 173 Sale 8% 5,500 MacAndrews & Forbes Co. .10 240 6 % preferred * * 82,800 Mack Truck Inc 73,300 Macy (R H) Co Inc * 17,100 Madison Square Garden _* 15,000 Magma Copper 10 14,500 Manti Sugar Co 1 * 5,200 Mandel Bros 3,620 tManhat'n Ry Co 7% guar. 100 Modified 5% guaranteed 100 62,200 —25 4,400 Manhattan Shirt 1 13,200 Maracaibo Oil Explor 5 99,100 Marine Midland Corp 4,850 Market Street Ry prior pref 100 * 221,500 Marshall Field & Co 1 754,500 Martin (Glenn L) Co 10,100 Martin Parry Corp * 27,300 Masonite Corp -* 19% 115 112 Sale Sale 32 Sale 60% 4% Louisville & Nashville 29% 175 105 Lorillard Sale 16% 39% 45% * * Sale 4 170 54 Loose-Wiles Biscuit 9 17 Sale 101% 103% * Corp Long Bell Lumber A Sale 15% 3% 28% 18% Sale 10 5 Sale J* Sale 1% 21% 15 Sale Sale * Lone Star Cement 3% 38 28 26% Sale Sale 41 41% Sale Sale 4% 4% 4% 37% 35% 35% 37 102 100% 104% 100 101% Sale 100% 103 Loew's Inc Loft Inc... Sale Sale Sale 114 Sale Liquid Carbonic new * * Sale 118 % 2% 27% 11% 319* 53% 6% 18% $6.50 preferred 5% Sale - * Sale Sale 14% 22% 4% 24% 23% 4% 25 Sale 22% 29 Sale Sale Portland Cement—25 4% conv preferred— 100 Lehigh Valley 50 Lehigh Valley Coal — * 6% conv preferred 50 Lehman Corp. (The) 1 Lehn & Fink Products Corp..5 Lerner Stores Corp.; * Libbey-Owens-Ford Glass. — * Libby McNeill & Libby * Life Savers Corp. 5 Liggett & Myers Tob com.-.25 Series B 25 Preferred —100 2 22% 4% 15 % 5 Lehigh Sale Sale 21 Sale * * 5 Sale 2% Sale 31% 10% 9% Sale 22 Sale \lVi Lane Bryant Lee Rubber & Tire Sale 32 41 27 Ask Ask Bid Bid 35 100 54,000 34,200 11,600 75,900 19,700 9,600 96,600 23,300 8,600 8,200 38,600 2,200 2,600 Lily Tulip Cup Corp 35,500 Lima Locomotive Works. 33,200 143,200 2,900 1,433,900 66,400 25,300 13,700 1,060 109,800 3,900 26,100 32,800 Ask Lowest April 29 April 1 Shares 155,900 7,400 1,100 1,700 RANGE 1939 Jan. 1 Shares IN APRIL Jan. 3 N. Y. STOCK EXCHANGE Since In Jan. 13 Aprl 3 Apr. 21 Apr. 28 Apr. 3 Apr. 3 Apr. 11 Apr. 3 Apr. 4 Apr. 24 Apr. 3 Apr. 1 Apr. 1 Apr. 3 15% 6% 49% 8% Apr. Apr. Apr. Apr. Apr. 28 8 10 3 Mar. 10 Jan. 13 96 Mar. 27 12 Mar. 10 Apr. 3 25 Apr. Apr. Apr. Apr. Apr. Apr. 3 3 28 3 3 6 3 4% Apr. 45 Apr. 4 % Apr. 3 4 % Apr. Apr. 4 Apr. 19 1% Apr. 3 3 5% Apr. 4 % Apr. 1% Apr. 21 3 12% Apr. 95 Apr. 3 118% Apr. 20 120 Apr. 1 3 47% Apr. 37 Apr. 3 33 Apr. 3 13% Apr. 3 13% Apr. 3 20% Apr. 3 5% Apr. 3 38 Apr. 3 11% Apr. 13 55% Apr. 3 108% Apr. 20 6% Apr. 3 46% Apr. 22 12* 7 88 10 11 11 Mar. 15 Jan. 21 Jan. 5 Mar. 10 Jan. 8 7% Apr. 60 Apr. 28 70% Jan. 5 51 Jan. 58 Feb. 6 46 Apr. 11 Apr. 10 4 Apr. Jan. 25 8 Apr. Apr. 10 3% 18% 13% 6% 11% Apr. 18% Apr. 101 Apr. 55 Apr. 110 Jan. 19 10 8 i 55% Mar. 15 3 6% Jan. 9 28% Jan. 17 4 Jan. 4 29 5 3 115% Mar. 14 4 11 85% Jan. 11 16 112 8 Apr. 6% 8 54 Apr. 3 Apr. % 4 % Apr. 1 6 Apr. Apr. 10 14% 8 2% Apr. 4 9% Apr. 10 1 % Apr. 14 1 1 2% Apr. 10% Apr. 11 17% 84% Apr. 10 111 115 Mar. 22 119% 118 Apr. 10 120% 40% Apr. 11 54% 33 Apr. 28 39 30 37% Apr. 11 19 9% Apr. 10 10 16% Apr. 10 30 16% Apr. 11 7% 4% Apr. 10 30 8 44% Apr. 9% Apr. 12 14% 50 8 64% Apr. 106% Apr. 14 110 8 9% 4% Apr. 3% 40% % % % 10% 1% 45 Mar. 13 39% Jan. 12% Jan. 16% Jan. Mar. 31 51 Feb. Jan. 28 3 Mar. 10 Jan. 31 Jan. 12 Feb. 15 Jan. 5 Jan. 4 Jan. 5 Jan. 3 5 Jan. Jan. 6 Jan. 3 Jan. 17 Mar. 17 Mar. 10 Mar. 9 Mar. 13 Jan. 5 Mar. 11 Jan. 3 Jan. 3 Mar. 13 Mar. Mar. Feb. 6 3 15 Jan. 5 Jan. 5 N. Y. STOCK May, 1939] AGGREGATE SALES In 1939 Jan. 1 Par Bid 74,800 1,270 ii,300 —5 285,700 Nash-Kelvinator Corp 3,670 Nashville Chatt & St Louis_100 1 66,600 National Acme 15,500 5 67,700 National Aviation Corp 10 221,200 National Biscuit 7% preferred 100 3,500 10,000 Nat Bond & Investment Co..* 45,600 700 4,700 100 600 i,600 18,700 5,600 50,900 170 5,100 92,400 12,400 312,100 1,380 2,130 25,500 11,600 133,400 2,700 282,100 3,500 139,700 1,700 2,570 34,200 259,800 77,300 180 8,500 1,400 26,200 1,000 75,600 800 30,700 400 350 6,300 53,900 18,400 27,400 3,200 --ffol ' 2,600 6,500 1,000 200 1,000 50 43,900 4,100 287,200 21,000 31,900 15,500 1,200 780 60 840 1,970 480 80 710 54,000 16,400 30,500 224,700 62,200 8,800 77,800 300 1,250 165,500 2,500 10 ii,600 750 370 600 2,100 24,700 10,100 3,600 Enamel & $4.50 preferred conv 10 National Lead Nat Mall & Steel Cast Co National Power & Light National Steel 50 10% preferred n y Lack & West Ry Co.. 100 tn y n h & Hartford 100 Convertible preferred 100 tN y Ontario & Western.. 100 n y Shipbuilding pt stock— 7% preferred 100 100 100 10 Norfolk & Western Preferred North American Co 50 1 50 Northern Central 100 Northern Pacific * Norwalk Tire & Rubber 50 Preferred Ohio Oil Co Oliver * (The) Farm 400 24,900 800 370 * conv 1st preferred—* 5 * 100 Preferred Owens-Illinois Glass Co..12.50 10 _ 20,400 24,100 425,700 62,200 2,000 75,700 7,600 Pacific Mills * Pacific Telep & Teleg 100 100 450 7,600 7,700 606,500 10,400 50,900 3,600 63,600 31,500 15,900 4,600 16,400 1,100 14,700 58,900 11,700 900 21,000 600 10,600 1,700 500 230 iii,900 1,300 40 7,200 100 1,700 2,190 1,650 ~8,500 5,000 81,200 1.200 170 330 11,600 6% preferred * 10 Pacific Western Oil Packard Motor Car * Pan American Airways Corp..5 Pan Amer Pet & Trans 115 Panhandle Prod & lief 1 Paraffine Cos Inc 4% conv * 100 preferred Paramount Pictures 1 1st preferred Utah & Mines Co 2.50 Transportation Co.* Pathe Film Corp * * Penick & Ford * Penney * (j o) Co 73,300 Penn Coal & Coke __10 3,500 Peim-Dixie Cement * 35,100 $7 conv pref series a * 10,500 Penn Glass Sand Corp v t c._* 3,800 $7 conv preferred * 480 Pennsylvania rr Co 50 537,400 People's Drug Stores Inc * 4,500 6 %% conv preferred 100 80 People's Gas Light & Coke. 100 38,600 . 1,200 6,000 6,950 5,625 2,100 28,100 16,300 291,500 8,600 1,400 1,760 1,240 22,100 Pere & Eastern Marquette Prior preferred Preferred Pet Milk...... Petroleum Corp Pfeiffer Brewing Co .100 100 100 100 * 5 * Phelps Dodge 25 Philadelphia Co pref 6% 50 $6 preferred * tPhila Rapid Transit Co....50 7% preferred ——50 Philadelphia & Reading c & i_* Foe footnotes 6ee page 40. Sale Sale 38 3% 110 55 115 Sale 123 36 Sale 1 4 Sale % 16% 82 115 '/■ Sale 89% % 2% % Sale 9% Sale Sale % Sale 74 193 Sale 173% Sale 108 23 110 109 Sale 111 20% Sale 56 Sale 13% Sale Sale 82 Sale 77 57% 14% Sale 102% 102% 27 33 4% Sale 32% 35% 9% Sale 21% 40% 106 22% 45% 114% 70 Sale Sale 3% Sale 15% Sale 6 6% 12 29% 43% 14 13 Sale Sale Sale 89 8% 105% 31% 3% 33% Sale 7% Sale Sale 33 Sale Sale Sale 18 Sale 15 110 103 Sale 5 Sale 18 143 9% 35 44 17% 19 42 45 116 57 Sale 45 Sale Sale Sale Sale 99% 101 8% Sale 88 9% 19% 1% 39% 15 1% 7% Sale Sale Sale Sale 79 % 3% 22% 12% 124 18% 24% 111 33 Sale Sale 1 Sale Sale Sale 29 116 Sale 11% Sale Sale 7% Sale 43% Sale 31% Sale 4% 18 Sale 40 42 11 "t% 3% % Sale xi* 12 11 17 11 28 10 3 25 10 1 10 8 10 104% Apr. 27 1 5 Apr. 16% Apr. 11 Apr. 14 7% Apr. 10 140 8 Apr. 3 19% Apr. 3 16% Apr. 28 106% Apr. 22 6% Apr. 3 19% Apr. 13 140 Apr. 14 9% Apr. 3 16% Apr. 10 42 Apr. 24 "26" 10 Sale Apr. 8 8 11 12 17 Apr. 10 10 Apr. Apr. 3 8 Sale 6 Apr. 6 29 28 3 3 28 3 27 4 6 6 3 4 8 1 1 8 3 3 3 1 1 28 5 13 20 26 Apr. 5% Apr. 10% Apr. 31% Apr. 45% Apr. 10% Apr. 121% Apr. 151 Apr. 18% Apr. 10% Apr. 3% Apr. 12% Apr. 5% Apr. 11 11% Apr. 10 1 % Apr. 1 41 Apr. 15% 2% 9% 10% 50% 83% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 5% Apr. 10 9% 9 Apr. Apr. Sale 74 Apr. Sale Apr. Apr. 3% 19 Apr. 24% 12 Apr. 13% 122 Apr. Sale 15% Apr 10 48 10 10 19% 24% Apr. 17 26 10% 51 80% 1 3% 122 17% 29 26 Ill Apr. 111% 116 30% Apr. 33% 32% 9% 3% 12 Sale 25 19% 16% 7% 6% 31% 40 w % Sale 17 8 7 Sale 42% 79% 2 10 3 11 11 8 1 4 24% 13% 11 124 17 114 11 35% 10 Ill 15% 10 14 % 11 28% 24 175 24 15% 26 94% 1 25 23% 26% 10 31 12% 13 16% 2 117% Feb. 109 Jan. 20 114 Mar 27 8 Jan. 4 23% 160 10% 91 17% 16% 8% 12% . 4% 4% 23% 11% 9% Apr. Jan. Apr. Apr. Apr. 86 Apr. 18% Mar. Apr. 3 3 8% Apr. 7% Apr. 1 3 10 4 10 21 __ 31 Jan. Mar. 25 14% Apr. 6% Apr. 59 Apr. 6% Apr. 10 Apr. 49% Mar. 50% Apr. 2% Apr. 9% Apr. 18% Apr. 73% Mar. 32 Apr. 107% Mar. 8% Apr. 27 Apr. 12% Apr. 10% Apr. 18% Apr. 30 Apr. 2 Apr. 5% Apr. Ill Jan. Mar. 51 Apr. Mar. Apr. Feb. Apr. Apr. % 2% % 8% 70 Jan. 168 106 Apr. 18% Apr. 54% Apr. 12% Apr. Jan. 82 7% Apr. 102% Apr. Feb. 30 2% Apr. 32% Apr. 14 11 8 25 8 8 31 4 8 8 8 8 17 7 28 — 27 10 17 17 10 3 10% 5% % 41% 100% 6% 80 7% 18 1% 36 11% 1% 5% 9 % 3 19 12 122 15% 24 Feb. Ill Apr. 30% Apr. 4 7 Jan. 8 Feb. Mar. 14 Mar. 22 Mar. 11 Jan. 6 Jan. Jan. Jan. Jan. Jan. Feb. 25 3% Feb. 28 9 Jan. 6 118% Mar. 120 Mar. 62 Mar. 1 % Jan. 4% Jan. 38 43 % Jan. 1 _ 10 16 27 26 3 27 4 13 18 4 19 5 Jan. 6 Mar. 3 Mar. 9 Jan. 4 Jan. 3 Mar. 8 Jan. 5 4 Jan. 45 6 9 116% Mar. 25 Jan. 70 3 7% Mar. 2 3% Jan. 3 16 Jan. 5 6 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. Apr. Apr, Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 15 Apr. Apr. Jan 146 59% Jan. 55% Jan. 22% Jan. 16% Apr. 40% Jan. 114% Jan. 50 Apr. 3% Apr. Apr. Apr. 41 Apr. 9% Apr. 114 Apr. 5 50% Apr. 10% Jan. 7% Apr. 42% Mar. 2% 11% 3% 9% 27% 6 3 3 20% 112% 8% <27% 143% Jan. 17 Jan. 20 30 5 Apr. 16% Apr. 140 9% Mar. 81% Jan. 15% Jan. 16% Jan. 89% Mar. 25 195% Mar. Mar. 12 111 26% Feb. 11 57% Apr. 17 19% Jan. 11 3 88% Mar. 14% Jan. 10 4 107% Mar. 24 32% Jan. 4 % Jan. 10 1 39% Jan. Jan. 104 Jan. Mar. 7 Mar. 27 Mar. 9 5 Jan. 3 Mar Mar. 10 5 Jan 6% Feb. 17 4 28% Jan. 18% Jan. 10 4 16% Jan. 106 Mar. 10 27% Jan. 3 170 Apr. 12 6 145 Feb. 4 27% Jan. 4% 11 11% 14 24% 11 75 14 40 8 14 110 17% 8 28 47% 22% 8 10 23% 6% Apr. 15% Apr. 12% Apr. 74 23% Apr. 13 135 13 3 3 3 21 1 3 4 8 3 29 Apr. 11 165 48 3 4 20 4 Mar. 15 3 Jan Mar. 11 9% Jan. 25% Jan. Apr Apr. Apr. Apr. Jan. Apr. Apr. Apr. Apr. Apr. Mar Jan. 5% 14% 9% 7% 1 2% Apr. 11% Apr. 2% Apr. 7% Apr. 21 Apr. 15 24 3 3 13 Apr. 36 4 2% Apr. 9% Apr. 3 Apr. Apr. Apr. Apr. 5 Apr. Apr. Apr. Apr. Apr. 114 42 58 Apr. 3% Apr. 50 150% Apr. 128 18 8% 48 83 2 10% 2% 2 Sale 3% % 42 16 12% Sale 75 3 19 Sale 14 17% 8% Sale 3 3 6 54% Apr. 1 % Apr. 3% Apr. 22 Apr. 3 Apr. 3 1 74% Apr. 175 Apr. 3 111 Apr. 24 22% Apr. 3 57% Apr. 26 3 15% Apr. 85 Apr. 28 3 9% Apr. 106% Apr. 18 32 Apr. 11 5 3% Apr. 35 Apr. 5 xiM 20 20 1% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr Apr. 1 10% Apr. 1 5% Apr. 1 % Apr. % Apr. % 45 Apr. 41 % Apr. 14 43 40 8 100% Apr. 100 100% Apr. 82 9 Apr. 6% Apr. 10 8% Sale Apr. 80 85 Apr. 10 90 81% 10% Apr. Sale 7% Apr. 11 18 19% Apr. Apr. 14 20% 4 1% Apr. 1% 1% Apr. 25 2 26 103% 121% 150% 17% 9% 3% 11% 5% 2 9% Sale 42 Sale 10% 15 Sale 71 Sale Sale 56 55 Sale Sale 4% 16% Sale 37% Sale 30% 34 17 17% 17% 40% 114% Sale 10 Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. 42 32 Sale 49 3 6% Apr. 15% Apr. 12% Apr. Sale 41 Sale 39 15% 104% 5% 18% Sale Sale Sale 115 Apr. 29 50% Apr. 11 3% 10% Apr. 14 Apr. 11 20* Apr. 4 Apr. 8 36 Apr. 1 108 Apr. 8 11% Apr. 8 31% Apr. 8 16% Apr. 10 15% Apr. 8 25% Apr. 8 36% Apr. 8 2% 7 Apr. 8 Apr. 29 114 Sale 7% 18 Sale Sale 13% 120% 24% Sale 29 25% 8% 105% 28% 3% 30% 45 10 28% 14% 85 29% Sale 11% 57% 78% 1% 4% 2 21% 56% 14% Sale Sale Sale 171% 108% Sale % Sale 68 44 Sale Sale % 2% % 9% Sale 3% 10% 5% Sale 1 25 10 53 Sale Sale Sale 26 Apr. Apr. Apr. Apr. Apr. Apr. % 3 2% Apr. % Apr. ,% Sale 8% Apr. 70 Apr. 73% Sale 168 Apr. Apr. 109% 106 Sale 18% Apr. Sale 54% Apr. Sale 12% Apr. Sale 85 Apr. Sale 7 % Apr. 106 104% Apr. 30 Apr. 32 Sale 2% Apr. 35 32% Apr. 55 50 5 Sale 19 5% 113% 13 16 2% 41% 12 120 Sale 10 Sale 28 2% 5% 113% 2 Sale 10% Sale 30 2% 6% a\Vi 18% Sale Sale Sale Sale 12% Sale 34 2% 11 % 3% 9% 27% 11% 4% Sale Sale 3% 151 22 13% Sale 12% 20% 2% 147 Sale 28 12% 10% 18% Sale Sale 105 28 Sale 2% 12% 4% 10% 30% Sale 59% 2% 9% 18% 73% 14 4% 121% 102 10 27% 50 32 35% 108 110 10% 8% 3% 148% 21% 1* Sale 80 108 4% Sale 121 « 18 145% 138% 142 9 Sale 8% 10% 118% 6% 1% 6% Apr. 3 Apr. 3 Apr. 3 10% Apr. 28 25% Apr. 3 166% Apr. 10 12% Apr. 8 91 Apr. 1 20% Apr. 4 19% Apr. 3 9% Apr. 15% Apr. 21 116% Apr. 113 Apr. 5% Apr. 4% Apr. 26% Apr. 12% Apr. 13% Apr. 95 Anr. 22 Apr. 170 Apr. 141 Apr. 17% Apr. 8% Apr. 66 Apr. 9% Apr. 13 Apr. 20 115 "59" 54 56% 19% 3 10% 20% 10 32% Sale 115 57% Sale 2% 70 80 110 10% 10 44 50 10 7% Sale 160 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 138 Apr. 14% Apr. 11 18 Sale 6% Apr. 8 59 Apr. 25 59% 8% 6% Apr. 8 10 Apr. 8 13% 74 10% Sale 23 20% 35 11 47% Sale 72 Sale 5% 14% 9% 7% 23% __ 16% 3 Highest Sale Prices 85 7% 58% 8% 11% Sale 31% Sale 14% Sale 12% Sale 22% Sale 33% Sale 2% Sale 6% Sale 110 10% 7% Sale 8% Sale 165 141 Sale" Sale 158 Sale 64 Lowest Sale Prices 91 91% 17% 18% 19% 16% 17% Sale Sale 8% Sale 8% Sale 12% 14% Sale 114 115 115% 116 113 110% 112% 111% Sale 4% 5% 5% 4% 5% '5% 4% Sale 24% 23% 24% 11 % 13 15% 11% 11 Sale Sale 9% 86 93 98% 87 20 Sale Sale 18% 167 170 169% 172 141 138 16 Highest Sale Prices 23 Sale 25 * Parker Rust Proof Co 18% 165% Lowest Sale Sale 3 11 9% 22 35 18 Sale 25% 108 22% Sale 36% Sale 6% Sale 16 Sale 16% 46% Parmelee Peoria i 106 103 1 163,700 Patino Mines & Ent Cons 52,100 6,200 73% 36% 1 Cons Parke Davis 24 67 35 100 10 2d preferred Park & Tilford Park 11 22 5 Pacific Coast 12 11% 45% 50% 75 8% Sale 26% Sale 130% 142 14% Sale 51% 52% 6% preferred 5 4% 25% Sale 17% Otis Steel 14 112% 112% 13 Sale Sale Sale 20% 18% Sale 105 Otis Elevator $5.50 Sale * * 100 2,470 1st preferred * 1,310 2d preferred __* 1,870 Pacific Finance Corp (Calif) .10 6,100 Pacific Gas & Electric 25 114,300 Pacific Lighting Corp * 38,700 10 13.000 Sale 100 Co & 60,200 Pacific Amer Fisheries Inc 63,900 150,300 1,500 Sale 168 Sale 166% 170 12% Sale 95 27% Sale 1,590 15,700 13 % Sale 115% 110 Sale 7% Sale 4% 5% 27% Sale 18 20% 16% Sale Sale Sale 9 24% 9 Sale 1,100 Pacific Tin Corp (sp stk) 3,600 400 24 Sale 28 Oppenheim Collins 6% 17% 10% 91 100 Equipment * (The) v t c—* 230 12,200 120,300 22 % 100 165 100 137% 7% preferred a 6% preferred b 220 ; * 1 * Stamping National Gypsum Co Outboard Marine & Mfg 3,800 Outlet Co 20 "13,366 Nat Omnibus Corp 129,500 Preferred a 820 37,800 """900 7% preferred class b 100 National Dept Stores * 6% preferred 10 National Distillers Products..* 379,500 North States Pow Co $5 pref.l 8,000 Northwestern Telegraph 50 720 38,900 14,600 25 892,900 Preferred 6% series 30,100 North American Aviation 783,500 7,200 80 92 National Cash Register.. 1—* National Cylinder Gas Co 1 15% Sale 15,500 3,300 15% 170 15% 19% 59% 54% 3% 420 2,000 170 169 102,700 National Supply Co of pa—10 $2 preferred 40 16,100 5%% prior preferred 100 2,400 6% prior preferred 100 110 National Tea Co * 27,100 Natomas Co * 18,700 Neisner Bros Inc 1 5,900 4%% conv serial pref—100 400 Newberry Co (j j) * 3,900 5% preferred series a 100 250 1 129,200 Newport Industries Inc New York Air Brake * 24,600 New York Central * 1,193,500 n y Chicago & St Louis. ..100 78,700 6% preferred series a 100 150,100 n y City Omnibus Corp—_.* 91,600 New York Dock 100 3,730 5% preferred —100 3,960 New York & Harlem 50 470 3,700 89,800 Sale Sale 57,800 90 Sale 80 29,900 5,000 84,100 2,110 119,800 5,100 142,600 Sale 14 26% 8% 5.900 740 14% 25% * * 25 5,000 1,100 19,000 Sale Sale 10 """260 Sale 5 % pref series a w w 100 National Bond & Share Corp.* National Dairy Prod Corp...* 7% preferred class a 100 Ask 8% 24 % Ask Ask Bid Bid Sale Prices April 29 April 1 Shares Shares 1 Jan. 3 N. Y. STOCK EXCHANGE Since April RANGE SINCE JAN. PRICES IN APRIL Price STOCKS 37 EXCHANGE—STOCKS Jan. 4 12% Mar. 14 34% Mar. 10 8 Mar. 10 49 11 131 14% Mar. 11 Mar. 16 Feb. 30 151 10 3 8 1 1 25% 11% 4% 16% 6% Jan. Jan. Jan. 20 7 5 3 Jan. 4 Jan. 20 5 1 1% Jan. 14 60% Jan. 4 Feb. 14 27 104 14% Jan. 4 10 107% J an. 13% Jan. 4 10 11 14 Jan. 26 2% Jan. 4 5 5 3 2 11 43 Mar. 10 19 Jan. 3 Feb. 25 Jan. 4 26 10 10 10 ifA 11% Mar. 57% Jan. 1% Jan. 5% Jan. 3 11 11 8 11 10 8 1 3 Mar. 14 10 16 6 Mar. 8 16% Mar. 9 33 Mar. 15 124 24% Jan. 4 Mar. 14 29 17 116% Mar. 14 11 40% Feb. 6 2% Mar. 31 7% Apr. 8 21 Apr. 15 Apr. 3% Jan. 24 7 17 Jan. 41 Mar. 10 34 Mar. 10 Jan. 19 Mar. 16 7% Apr. 5% Apr. 28% Apr. 36 Apr. 10 Mar. 10 8% Mar. 14 5 44% Jan. 75 86 17 7% Apr. 5% Apr. 28% Apr. 36 Apr. 1 % Apr. 3% Apr. % Apr. 10 10 11 8 Apr. 3 41% Apr. 28 1% Apr. 3% Apr. % Apr. 27 5 3 35 Jan. 3 Mar. 27 4 . 17 16 Mar. 25 2 Feb. % Jan. Feb. Feb. 47 1% Apr. % Jan. 6 38 N. T. STOCK EXCHANGE—STOCKS AQOREQATE SALES Price STOCKS Since PRICES IN APRIL Avril Par 116,700 Philip Morris & Co..-. 10 5,600 5% conv pref series A—100 6,900 Phillips Jones Corp _* Preferred 100 163,300 Phillips Petroleum 800 Phoenix Hosiery 830 * 5 Preferred 100 15,000 Pierce Oil 8% conv pref 100 6,900 Pillsbury Flour Mills 25 580 Pirelli Co of Italy Am shares.. Pitts OC&StLRR Co.—100 ~7", 900 Pittsburgh Coal (of Pa) 100 4,300 6% preferred 100 2,800 Pitts Coke & Iron Corp * 220 $5 preferred Chicago Bid Ask Sale 9434 142J4 Sale Sale 6 50 3034 43M Sale 334 £y* „ 36 Sale Bid Sale 31 34 33 H 2 34 40 25 24 4434 35 34 91 5 Sale 734 834 60 67 410 7% guaranteed pref 100 79,500 Pittsburgh Screw & Bolt * 10,800 Pittsburgh Steel Co * 860 7% preferred class B 100 1,790 5% preferred class A 100 700 534% 1st ser convpr pf-.lOO 7,490 Pittsb & West Virginia -100 34,800 Pittston Co (The) * 32,300 Plymouth Oil__ 5 2,400 Pond Creek Pocahontas Co.-* 66,300 Poor & Co class B. * 3,500 Porto Rican Amer Tob cl A__* Class B 3,900 \m„ * 187,500 Pressed Steel Car common 1 3,400 5% conv 1st preferred 5 5,300 5% conv 2d preferred 50 61,500 Procter & Gamble * Preferred 5% 9,140 100 151,000 Pub Serv Corp of N J com * 10,600 $5 preferred * 166 169 Sale 4 354 Sale <§* Sale 2534 40 18 5^ Highest Lowest Sale Prices Sale Prices Sale 10 143 9254 Apr. 28 Apr. 19 137 354 4 3154 3534 3 ^ 264H 42 734 24 3934 Apr. 3 Apr. 4 Apr. 28 Apr. 10 Apr. 3 Apr. 1 Apr. 5 Apr. 28 115 Sale if Ask 8334 Apr. 1323a Apr. 334 Apr. 20 40 25 Apr. 3454 Sale 3134 Apr. 3 3 Apr. 41 43 37 Apr. 7 34 634 Apr. 26 23 Apr. 40 3634 3534 Apr. 9054 135 115 115 20 7H Lowest Sale Prices April 29 883 1323 33 40 8 1 Ask Bid 754 2454 * conv "2 54 14 6 454 50 67 334 16 234 Apr. 8 Apr. 6 434 Apr. 3 50 Apr. 27 12 634 55 334 Apr. 1 1534 Apr. 5 534 Apr. 27 53 Apr. 28 8334 Apr. 132'4 Apr. 3 _ 1,880 6% preferred 7% preferred 8% preferred 32", 900 120,500 7,600 22,300 7,300 21,100 3,400 5,800 6,600 90 1,400 3,100 2,100 93,800 2,500 preferred B .J.50 conv 1st pref * * jRadio-Keith-Orpheum Corp.* Ray best os-Manhattan Rayonier Inc ! preferred Reading Co. 1st preferred 2d preferred Real Silk Hosiery * 1 25 50 ..50 .50 5 Preferred 100 Reis (Robt) & Co 1st pref. .100 Reliable Stores Corp * Reliance Mfg Co 10 Remington-Rand 1 _ Common 10 99,300 35,100 15,600 850 _ * * * 100 10 100 100 67 134 2434 754 Sale 834 22H 934 9 1634 3334 1 4634 36 Jan. 634 Apr. 23 Apr. 3534 Mar, 234 Apr. 12 Apr. Sale 16 34 100 7854 6034 154 1734 Sale Sale Sale Sale Sale Sale Sale Sale Sale 5134 iVA 100 Sale Sale 1734 Sale 13 21 25 20 1754 3 54 Sale 51 50 1034 7 Sale 1034 7 Sale 12 1534 12^ 2034 1634 334 4034 634 654 934 Sale Sale l¥y* 78 68 6934 56 Sale Sale 40 Sale 7254 6734 Sale iy> 88 38 11 Sale Sale 134 Sale 1134 6334 68 63 6734 854 11 1134 20 25 60 48 854 9 86 634 Sale Sale 55 53 754 634 79 6 Sale 8 54 32» * * 86 54. Sale 36 34 Sale 55 Sale 54 2834 54 2934 1 Sale Sale2 5 9 4 9 61 334 Sale Sale 75 Sharp & Dohme * Conv preferred series A * Shattuck (Frank G) ___* 4734 11 50 Sale Sheaffer (W A) Pen Co Shell Union Oil 2834 Sale * 15 Sale 100 105 Sale .5 * 10 * 25 6% preferred.. * lo * 92 Sale Sale * * 3234 Sale 1334 Sale 7 654 3234 334 2134 2834 9434 100 Sale Sale Sale Sale Sale Sale 9634 Sale 10034 103 1834 Sale 1634 Sale 1434 Sale 1334 Sale 11234 234 1834 13234 Sale Sale Sale »* 10 4* 14 5534 5 11334 8 3434 10 10734 15 12134 25 134 8 154 8 11554 Apr. 17 10 1 Apr. 1234 Apr. 43 Apr. 42 Apr. 954 Apr. 22 Apr. . 1 10 854 Apr. 8834 Apr. 77 34 Apr. 1434 Apr. 1234 Apr. 654 Apr. 134 Apr. 1754 Apr. 3 3 1 1 3 4 3 3 3 5 3 3 3 8 50 11 53 11 Apr. Apr. 1234 Apr. 11 2534 Apr. 3 10 11 Apr. 534 Apr. 10 3534 Apr. 11 54 Apr. 26 49 Apr. 3 954 Apr. 3 82 Apr. 11 654 Apr. 28 3854 Apr. 15 55 Apr. 29 654 634 1334 1834 54 2734 H 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 11 11 1 11 8 11 5 4 8 7 1434 24 54 3354 34 134 Apr. 3 Apr. 20 Apr. 14 Apr. 1 Apr. 8 Apr. 3 Apr. 19 Apr. 3 234 71 1 * 34 134 134 154 Sale 234 34 6 Sale Sale 754 634 734 1434 Sale Sale 1 34 454 4754 11634 Sale Sale Sale Sale 3354 Jk* 67 3 Sale 1354 Sale 1234 Sale 50 62 434 Sale 4654 934 Sale 45 Sale 103 1454 12 Sale 89 100 111 Sale 109 13 Sale 7034 Sale Sale 47 Sale 34 134 Sale 2 54 6634 1434 1134 5434 4H si Sale Sale Sale Sale Sale 434 Sale Sale 103 Sale 13 14 14 11 13 1334 Sale 1134 Sale 1434 1134 104 1434 Sale 11417i2 Sale 154 16 Sale Sale 13154 135 2754 93 934 3434 11 1154 Sale 1154 10534 10554 101 10334 534 Sale 534 534 21 2234 Sale 2154 2 34 3 254 254 19 1834 Sale 1754 19 20 2054 Sale 97 94 9234 9334 Sale 69 74 84 32 4 106 34 Sale 134 Sale 1654 Sale 20 34 J <n. 1054 1154 67 54 354 45 11454 54 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 Apr. 44 Apr. 8 Apr. 30J4 Apr. 11 Apr. 10254 Apr. 454 Apr. 1734 Apr. 234 Apr 1634 Apr. 1834 Apr. 92 Apr. 70 Apr. 10134 Apr. 1154 Apr. 1154 Apr. 1234 Apr. 1034 Apr. 1 1634 234 6034 1154 1034 5434 114 154 2 1954 Sale 13134 138 4 Apr. 28 Apr. 28 Apr. 11 3354 Apr. 3 93 Apr. 11 Apr. 21 Apr. 11 106 Apr. 8 8 112 Apr. Apr. 27 13 Apr. 11 Apr. 4 Apr. 10 14 54 Apr. 3 Apr. 14 71 Apr. 1 Apr. 10 54 Apr. 3 Apr. 10 534 Apr. 28 8 Apr. Apr. 1 Apr. 29 Apr. 1 Apr. 154 Apr. Apr. 127 Apr. 14 iftS. 25 8 8 8 10 11 11 29 8 28 11 10 10 27 11 10 10 Apr. 12 Apr. 3 Apr. 27 Apr. 6 Apr. 3 Apr. 28 14 Apr. 3 5534 Apr. 15 5 Apr. 3 45 Apr. 5 5 934 Apr. 343s Apr. 24 3 1254 Apr. 3 10554 Apr. 534 Apr. 10 2434 Apr. 1 234 Apr. 18 15i 1834 254 6934 1454 11 19 8 22 8 11 8 11 20 8 11 Apr. Apr. 1 3 93 Apr. 26 84 Apr. 1 10434 Apr. 20 15 Apr. 1 14 Apr. 5 14 54, Apr. 28 3 1234 Apr. 10 11534 Apr. 2 6 Apr. 5 34 Jan. Jan. 11 12 Apr. 934 Jan. 5 Jan. Apr. 0 11 10 4 Apr. 13 Apr. 28 2154 Apr. 26 7 Apr. 34 Apr. 1734 Apr. 634 Apr. 8 Apr. 134 Apr. 54 Feb. 11 28 11 14 8 10 6 634 Apr. 10 1 734 Apr. 18 Apr. 10 5054 Apr. 14 112 173 14 5 Jan. 5 42 Jan. 14 Jan. 5 Jan. 5 Jan. 3 Jan. 20 Jan. 3 9 Feb. 27 1654 Jan. 4 234 Jan. 6 54 Jan. 17 2454 3634 1554 54 2234 1454 14 34 4354 5734 Jan. 5 Jan. 5 Jan. 5 Mar. 14 Mar. 15 11954 Feb. 27 8 3134 Apr. 3854 Mar. 11 Apr. 10 109 Feb. 27 103 115 Jan. 129 Apr. 25 138 8 159 Apr. 148 11534 Mar, 4 7 Apr. Apr. 7 83 11 Jan. 23 23 8 Apr. 12 1054 Jan. 26 72 Jan. 21 534 Apr. 10 12 5334 134 1634 834 1534 1034 Apr. Apr. Apr. Apr. Apr. Apr. 17 Apr. 11 Apr. 11 4734 Feb. 7 7 Apr. 634 Apr. 9 Apr. 1054 Apr. 66 Apr. 60 Apr. 3 Mar. 31 1234 Apr. 43 Mar. 42 Apr. 954 Apr. 22 Apr. 11734 3954 1134 9034 8134 1634 13 Mar. 13 Mar. 9 Jan. 1£ Jan. 4 Jan. 3 Mar. 2S Jan. 3 Mar. 11 Mar. 11 834 Jan. 17 _ 2154 Mar. 31 1 12254 Mar. 27 4 6734 Jam 234 Jan. 2234 Jan. 10 8 11 11 11 Jan. 2334 1854 2534 2134 534 Jan. Jan. Jan. Mar. 13 Feb. 11 54 Mar. 20 934 Jan. 6 9 54 Jan. 5 1154 Jan. 12 1734 Jan. 5 „ 7534 Mar. 15 72 Mar. 15 154 Jan. 2554 Jan. 70 71 Jan. Jan. 2034 Jan. 4034 Jan. Mar. 30 7734 Mar. 49 Mar. 31 54 754 7854 534 3534 Apr. Jan. Apr. Apr. 54 Mar. 10 4 10 11 8 Jan. 45 58 1454 Jan. 85 Mar. 1154 Jan. Jan. Jan. 654 Apr. 11 634 Apr. 11 1334 Mar. 31 1834 Apr. 11 8 54 Apr. 2734 Apr. 11 5 54 Apr. 34 ; 1034 Jan 934 Jan 1634 Jan . 1 Apr. 4 234 Mar. 22 92 105 1134 1334 6934 54 554 46 34 11454 3 4 7 5 Sale 22 34 734 4734 * 100 10 8 Apr. 4 Apr. Apr. 10 Apr. 19 8 Apr. 21 8 Apr. 17 Apr. 11 3 Apr. 11 50 5 Apr. 1 7 Apr. 8 634 Apr. 4 9 Apr. 1054 Apr. 10 66 Apr. 26 60 Apr. 11- 81 1354 68 4834 11334 20 Feb. Jan. 5 70 20 13 34 Sale 113 8 134 16 34 834 1534 1034 Apr. 754 Apr. 234 Sale Sale 14 10 23 49 Sale no « 112 100 55 Sale 23 11 3 Mar. 20 Mar. 15 Jan. 14 Jan. 27 67 olH 70 4154 Sale Sale 17 Sale Sale i9ot* 1 Sale 48 Sale * 5 1134 2* Sale 100 8,34 654 45 96 8234 4 55 2934 8134 9 1934 50 50 82 Sale 24 75 60 Sale Sale Sale 1834 934 1554 1234 29 49 80 Sale 5334 20 55 Sale Sale Sale Sale 12 134 934 54 1954 634 1054 134 28 334 4534 834 25 34 44 34 Ap.\ 27 22 Apr. Apr. Apr. 18 Apr. 3 Apr. 14 Apr. 3 Apr. 1 Apr. 21 Apr. 3 Apr. 3 Apr. 3 Apr. 25 Apr. 11 Apr. 21 Apr. 3 Apr. 1 Apr. 1 Apr. 5 4 23 M;.r. 31 5 6154 Apr. 2 Apr. 1834 Apr. 1054 Apr. 1634 Apr. 1434 Apr. 22 Apr. 18 Apr. 15 354 Apr. 6 50 Apr. 5 7 Apr. 1 7 Apr. 1 934 Apr. 1 13 3i Apr. 3 66 Apr. 26 6234 Apr. 20 Sale 1334 1134 634 75 5834 134 13 Sale 6 23 11 1 Jan. 4 166 1534 Apr. 26 8 6 M ar. 7 32 34 Mar 43 H .Tan. 50 5 53 34 Apr. Sale 12 28 1 154 Mar. 23 Apr. 20 3131 Apr. 2k -Jan. 3 100 Sale 7434 Sale 30 Apr. Apr. Apr. Apr. Sale Sale 13 Sale 4 18* 2834 Apr. 86 7734 1334 11534 Apr. 5 173 11 10 Apr. 11 7 8 Apr. 86 Apr. 10 72 Apr. 12 1154 Apr. 11 1134 Apr. 29 534 Apr. 10 73 334 10534 1834 18 8054 Sale 100 100 100 24 Sale Sale 1154 Servel Inc 40. 9 954 Sale 134 134 34 ny* 8834 Sale Sale * page isB Sale 1934 1034 4454 5734 834 116 11534 11634 113 2454 Sale 2654 Sale 734 Sale 754 Sale 50 77 Sale i3o^ 72 5134 1334 24 Apr. 5434 5054 Apr. 112 11254 Sale 11334 Sale Apr. Sale 3234 Sale 3134 Apr. Sale 103 10634 10754 Apr. 11634 11834 115 12134 Sale Apr. Sale Sale 134 130 129 Apr. 145 150 155 149 148 Apr. Sale Seagrave Corp (The) Sears, Roebuck & Co ' 26 68 74 Sale Apr. Apr. 734 Apr. 22 Apr. 13 Apr. 2154 Apr. 7 Apr. 34 Apr. 17 34 Apr. 634 Apr. 8 Apr. 134 Apr. 54 Apr. 634 Apr. 734 Apr. 5 85 18 34 Sale 68 38 Sale Sale 1 99,100 South Amer Gold & Plat * 38,700 South Porto Rico Sugar 8% preferred -..100 560 see 734 934 1034 1634 7434 23 34 134 Packing * 31,500 521,400 Socony Vacuum Oil Co Inc. .15 Solvay American Corp 534% preferred -.100 23,000 ■■■■ 41 lyi Sale 3 Snider ■»■■■ 20 17 2334 1834 2534 2034 434 234 2134 234 7334 1734 $6 preferred 2,850 15,500 Smith (A O) Corp 5,300 Smith & Corona Typewr Ml 234 834 934 Sale 6 2154 854 19 3 ____100 1,350 Sloss-Sheffield Steel & Iron. 100 For footnotes 67 * 6,600 Simonds Saw & Steel Co 45,700 Skelly Oil Co «»ll 11434 120 3834 Sale 1134 Sale n fsH 7 734 Sale Sale 80 Sale A Sale 8 834 34 Sale 19 14 34 Sale c Sale Sale !iM Sale, J* 56 8134 Sale 23 134 32 54 104 86 2954 Sale 1434 Sale 234 118 Seaboard Oil Co of Del Conv 7,800 preferred 36,000 Silver King Coalition. 115,000 Simmons Co 9,800 Simms Petroleum. 900 43 Sale 9 * 22,800 Sharon Steel Corp 85 conv preferred... 1,800 63,200 3,700 46,800 1,550 61,200 14 173 164 534 Sale 100 5% preferred 6% preferred 7% preferred Savage Arms Corp Schenley Distillers Corp 5 34 % preferred jSchulte Retail Stores 8% preferred Scott Paper $4.50 conv preferred 40,500 jSeaboard Air Line 4-2 % preferred 8,000 47,300 3,100 207,600 149,100 Sale 172 100 6% preferred. jSt Louis Southwestern 5% preferred 10 256,200 Safeway Stores 190 8,500 A* 1634 lVs 34 1434 135 * 6,600 {St Louis-San Francisco 6,'900 Sale* 152 6% preferred 5% conv preferred 100 Purity Bakeries * Quaker State Oil Rfg Corp. .10 Radio Corp of America * 9,200 Roan Ant Cop Mines new 11,800 Ruberoid Co cap stk new 800 tRutland RR preferred 62,800 St Joseph Lead 118,400 8 3634 150 * Rhine Westphalia El & Pow 305,700 Richfield Oil Corp 3,400 Ritter Dental Mrg.- 7,680 3,070 1554 34 2234 Sale Sale 130 * Pure Oil _ 2,340 24 34 41 11434 11534 5 125,700 tReo Motor Car * 900,300 Republic Steel Corp 6% conv preferred 100 2,000 6 % conv prior pf ser A 7,400 100 5 57,600 Revere Copper & Brass Class A 10 1,100 7% preferred. 100 2,160 340 534% preferred 100 * 24,900 Reynolds Metals Co 534% conv preferred 100 1,700 1 40,700 Reynolds Spring Co 138,200 Reynolds (R J) Tob cl B_ ^..10 18,600 37 100 Preferred w w 25 810 Rensselaer & Sara RR Co..100 270 Sale 100 100 Public Service Elec & Gas 1,000 $5 preferred 187,900 Pullman Co.- 267,400 3,300 19,200 131,100 2,200 811,600 854 1334 Sale Highest Sale Prices 10 10334 Mar. 3 25 Pitts Ft Wayne & 6,100 3,900 1 1939 Jan. 1 Shares 80 RANOE SINCE JAN. Jan. 3 N. Y. STOCK EXCHANGE Apr. 28 2754 Apr. 11 4 8234 Jan. 4 Jan 134 Jan 4654 Jan 2* Jan Jan 334 Jan 4 Api 3954 Fet 98 3 10734 96 Jan. 10434 Jan. 11 11234 1054 Apr. 11 1834 Jai 1154 Apr. 10 67 Apr. 14 54 Apr. 10 354 Apr. 10 8 45 Apr. 50 Wi 113 Jan. 4 117 54 Apr. 25 1 1634 234 6034 1154 1034 55 4 44 8 28 5I 54 234 2254 334 7734 Jan. Jan. 5 8 Apr. 8 Apr. Feb. 21 Apr. 10 Apr. 11 Apr. 11 6 Apr. 8 Apr. Apr. 28 Apr. 11 1854 Jan. 2154 Jan. 10 5 Jan. 11 Jan. 36 5 69 5 Jan. 5 Jan. 6 Mar. 13 754 Jan. 5 5034 Feb. 16 1154 Feb. 24 iV, Feb. 6 11 Apr. 10 1534 Jan. 10254 Apr 27 107 lFeb. 3 11 3 454 Apr. 1734 Apr. 2 54 Apr. 1634 Apr. 1834 Apr. 92 Apr. 70 Apr. 101 1154 1154 1234 1034 Jan. 10 10 11 8 8 01 18 .05 11 Apr. 20 Apr. Apr. 11 5 111 14 Apr. Feb. 127 Apr. 154 Apr. 3254 334 2154 2934 9534 11 Apr. 3 11 1954 Apr. 29 17 134 Apr. 28 7 8 Jan. Jan. Jan. Jan. Jan. Jan. 5 4 3 3 5 19 Feb. 21 Mar. 7 1954 Jan. 5 1734 Mar. 11 17 Feb. 28 1354 Jan. 4 21 1158lsjMar. 30 6 3 Jan. 10 11 1954 Apr. 29 17 141 Feb. 4 N. T. STOCK May, 1939] AQGREOATE SALES In Avril 1939 Avril Shares Par 81,100 Southern California Edison. .25 100 620,100 Southern Pacific co 20,700 149,100 137,900 75,000 484,700 Southern Railway 256,000 5% preferred 100 600 2,800 * 100 Ohio certifs__.100 Mobile & —100 -* 4,100 Spear & Co 1 3,100 Spencer Kellogg & Sons * 16,800 1,700 1,000 130.700 4,800 150 612,600 Sperry Corp (The) v t c 1 38,800 Spicer Mfg Co * 1,970 $3 conv preferred a «* 436,200 Spiegel Co Inc_ 2 Convertible $4.50 preferred * 9,710 25,400 Square d Co class b 1 * 369,600 Standard Brands 104,500 2,360 6,300 97,000 _ _ 2,000 * 1 13,400 $4.50 preferred 24,100 ^Standard Com'l Tobacco 64,000 Standard Gas & Electric 126,900 $4 preferred 10,700 $6 prior preferred 7 prior preferred 73,600 ' 6,000 14,800 31,000 4,000 18,500 * * 45,200 600 92,700 1,400 5,800 23,200 4,200 8,300 29,100 105,800 30,800 487,400 314,300 118,500 78,900 2,100 Starrett Co -* 10 (The l s) Sterling Products Inc Stewart Warner Corp Stokely Bros & Co Inc 5 1 Stone & WebsterStudebaker Corp 12,900 Sun Oil 480 2,030 109,500 25,000 104,500 19,800 9,500 1,500 67,400 27,600 22,000 5,600 31,600 8,100 1,700 500 13,200 10,100 „ 100 6% preferred 10 Sunshine Mining Co Superheater Co (The) Superior Oil Superior Steel 100 Sutherland Paper Co.---—10 _ Sweets Co of Amer Swift & Co (The)—50 25 Swift International Ltd.. Symington-Gould Corp with stock purchase warrants—1 63,200 Without warrants 1 47,100 5,400 Talcott (James) Inc -9 5k % preferred 660 50 13,400 8,000 1,600 130 1 Ask 24 k Sale 25 Sale 13 Sale 2534 1234 Sale Sale Sale Sale 14 Sale 33k 38 Sale 1434 2034 Sale 1934 Sale 37 27 41 Sale 434 4 42 35k 3k Sale 45 50 5 Sale Sale 15 3734 Sale 16 1434 4534 41 1534 Sale Sale 2934 Sale 734 Sale 9834 Sale 234 Sale 334 Sale i?h Sale 1834 Sale 2834 Sale 2834 Sale 4234 5034 53 34 Sale 3334 Sale 7134 Sale 1234 Sale if* elh 12034 1134 3834 334 2034 49 Sale 5 Sale 7034 4 334 234 Sale 45 37 27 234 47 15k Sale 45 Sale *1* Sale 45 1134 Sale 6534 Sale 534 15 14 4034 1534 Sale 44 Sale 11 Sale Sale 6234 Sale 23 22 2034 1834 634 Sale 634 Sale 100 10034 10134 10234 134 Sale 134 Sale 3 234 234 Sale 634 Sale 634 Sale 1134 1234 1234 Sale Sale 16 1534 Sale 2634 Sale 2534 Sale 45 5034 4634 Sale 26 24 34 2634 Sale 2434 Sale 45 4834 45 Sale 2434 70 25 Sale 734 Sale 8 Sale Sale 4 Sale 334 Sale Sale 934 634 Sale Sale Sale 12134 Sale Sale Sale Sale 69 Sale Sale 24 234 Sale 12 30 Sale 1034 1834 2734 Sale 2634 Sale 834 Sale 1834 Sale 2634 Sale 10 Sale 1234 Sale 734 Sale 734 9 4234 4434 Sale 10 Sale 53 60 57 5434 125 12534 12634 127 734 Sale 834 Sale Sale Sale 634 4 34 634 3734 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 29 Ask Bid Bid 21k 22 54 23 204,700 Standard Oil of California—-* 25 197,800 Standard Oil Co. of Ind -10 1,600 Standard Oil of Kansas 317,700 Standard Oil of New Jersey .25 43,200 Ask Bid 3 16,900 Spalding (a g) & Bros 2,470 1st preferred 63,700 Sparks Withington 250 634 24 Sale 2 -'sale 12 34 1 3 34 25 8 2534 18 2634 534 434 Sale Sale Sale 4034 3534 534 434 634 9 Sale 2734 '534 Sale 634 4034 24 Apr. 11 2634 Apr. 1034 Apr. 1434 Apr. 1134 Apr. 1634 Apr. 23 34 Apr. 1534 Apr. 35 35 Apr. Apr. 434 Apr. 234 Apr. 42 ' Apr. 50 Apr. 234 Apr. 134 Apr. 534 Apr. 434 Apr. 1534 Apr. 1434 Apr. 41 34 Apr. 36 Apr. 11 1634 Apr. Apr. 42 Apr. 4434 Apr. 934 Apr. 1234 Apr. 60 Apr. 6534 Apr. 23 Apr. 1834 Apr. 6 Apr. 634 Apr. 10234 Apr. 9934 Apr. 1 Apr. 134 Apr. 234 Apr. 334 Apr. 7 Apr. 434 Apr. 10 Apr. 1434 Apr. 1734 Apr. 1334 Apr. 2534 Apr. 2334 Apr. 46 Apr. 4234 Apr. 2034 Apr. 65 Apr. 7 Apr. 354 Apr. 834 Apr. 534 Apr. 46 Apr. 12334 Apr. 734 Apr. 22 Apr. 2 Apr. 10 Apr. 25 Apr. 8 Apr. 17 Apr. 2534 Apr 434 Apr. 4 Apr. 6 Apr. 11 11 28 10 8 11 8 8 8 10 8 11 11 8 1 10 8 4 10 11 2634 Apr. 2534 Apr. 5034 Apr. 47 Apr. 24 34 Apr. 7034 Apr. 834 Apr. 4 Apr. 1134 Apr. 734 Apr. 57 Apr. 127 Apr. 834 Apr. 2534 Apr. 234 Apr. 14 34 Apr. 2734 Apr. 854 Apr. 1834 Apr. 2734 Apr. 10 13 20 13 3 21 18 25 3 1 3 3 3 18 3 3 3 3 3 1 3 27 3 534 Apr. 8 14,400 88,800 ,56,000 59,800 7,400 17,100 15,200 100 200 360 800 900 1 pref— .10 100 25 Thompson Products.— — * Thompson Starrett * Preferred Tide Water Associated Oil--10 $4.50 conv preferred -* Timken-Detroit Axle Co 10 Timken Roller Bear — * Transamerica Corp new 2 5 100,900 Transc & w est Air Inc 11,900 Tran & Williams Steel Forg..* Tri-Continental Corp * 84,400 17,800 111,800 25\200 25,100 4,000 16,100 100 2,800 20,800 4,600 128,100 10,100 8,200 2,230 84,400 7,200 3,000 30,900 1,900 2,100 720 21,000 5,200 3,900 37,500 67,300 16,100 18,100 4,200 15,600 16,500 158,600 207,400 68,700 73,200 15,600 20,000 646,400 308,200 * 6% preferred -* —10 Truax Traer Coal Truscon Steel Co 20th Century Fox Film Corp.* * $1.50 preferred.. Twin City Rapid Preferred Transit. 100 1 Twin Coach Co men & Co.. Underwood Elliott * Fisher...* * Union Bag & Paper Union Carbide & Car 72,900 4,100 50 3,800 800 14,300 16,300 56,300 1,200 4,900 7,200 30.200 3,000 400 500 """520 2,900 110 360 • 2,900 11,100 100 500 1534 2 334 2834 33a 1534 1334 9334 40 Sale Sale Sale Sale Sale Sale 9434 Sale Sale Sale 1834 5434 634 1034 Sale 10 Sale 334 Sale" 87 9734 434 Sale 12 13 34 2634 Sale 3434 3534 334 334 a 28 Sale 1034 Sale Sale 17 18 Sale 3 Sale 134 Sale 3 34 2034 Sale 3 Preferred United Electric Coal Cos 100 5 12 93 1234 3734 6 Sale Sale 734 Sale 6 Sale 234 Sale 8734 334 Sale 934 834 20 34 Sale 74 30 Sale 234 Sale 22 34 Sale 834 Sale Sale u s & Foreign Secur $6 1st preferred Corp...* * u s Distributing Corp Preferred 7% preferred 20 100 5 5k % conv preferred u s Industrial Alchol ... 50 * * * —100 .20 * -.-10 1,201,300 u s Rubber... 8% 1st preferred100 128,900 26,200 u s Smelt Ref & Mining—50 Preferred For footnotes, aee page 40. 50 Sale Sale Sale Sale 117 Sale Sale 1734 1534 Sale Sale Sale 6234 V* Sale 3234 Sale Sale i\VA Sale 4IP 834 Sale 47 3534 Apr. 26 Sale 14 1434 234 Sale 3234 Sale 534 534 5 534 60 434 28 66 Sale 30 7334 Sale 1234 Sale 11434 11534 8 734 Sale Sale Sale Sale 4 434 Sale 634 7 89 634 80 634 Sale 5 Sale Sale Sale 7 84 170 Sale 35 Sale Sale Sale 70 Sale Sale* Sale 6634 Sale Sale 177 534 Sale 75 34 534 634 3 3 6 5 Sale 64 65 634 Apr. 7534 Apr. 5 534 77 42 53 7 5 4 32 23 15 13 34 3 34 434 7 52 3934 Sale 334 Sale 35 Sale 92 Sale 50 Sale 6334 65 10 3 34 Apr. 17 Apr. 1 2k Apr. 14 Apr. lk Jan. 8 1 10 134 334 2234 2 34 9 34 13 34 94 34 13 54 11 39 8 10 10 10 11 11 12 10 10 1 10 6 46 35 3 34 3134 8634 4834 62 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 634 834 6 34 234 74 3 3 34 10 934 11 21 11 11 3034 2 34 2234 11 10 8 13 4 11 11 8 6 8 11 10 10 10 1 11 11 11 8 8 17 8 11 1 17 1 10 10 29 8 10 11 11 11 25 10 11 11 11 11 11 1 4 Apr. 6 Apr. 3 Apr. 3 Apr. 1 Apr. 3 Apr. 4 Apr. 3 Apr. 3 Apr. 3 Apr. Apr. 26 Apr. 28 1 Apr. Apr. 10 1 Apr. 3 Apr. 3 Apr. 1 Apr. 3 Apr. 1 Apr. 3 Apr. 2 34 Apr. 3 3 Apr. 3 Apr. Apr. 28 1 Apr. 3 Apr. 1 Apr. 4 Apr. Apr. 15 3 Apr. 5 1734 Apr. 117 Apr. 25 1 5834 Apr. 14 34 Apr. 19 3 234 Apr. 5 34 34 Apr. 6 3 Apr. 5 34 Apr. 3 63 34 Apr. 26 3 434 Apr. 3 31 Apr. 7434 Apr. 15 3 1234 Apr. 115 Apr. 11 3 8 Apr. 3 5 Apr. 5034 934 7434 1734 9434 8154 2054 37 34 10 34 734 Apr. 80 Apr. 1 1 3 5j4 Apr. 4 734 Apr. 87 3 Apr. 171 Apr. 21 1 5k Apr. 23 Apr. 10 3 1734 Apr. 434 Apr. 12 3 734 Apr. 1 51 Apr. 41 3 Apr. 3 454 Apr. 3 40 Apr. 3 97 Apr. 3 54 Apr. 5 65 Apr. Mar. 9 Jan. 3 Jan. 3 74 k Mar. 11 5 12k Jan. 6k j an. 17k Jan. 8k Mar. 3 5 4 4 6 Jan. 66 27 127k Jan. 434 Jan. 26 4 Apr. 8 35 Apr. 8 3k Apr. 10 2634 Apr. 10 7k Apr. 10 654 Apr. 11 1154 Apr. 10 3 1654 Apr. 32 k Apr. 27 5 Jan. 10 k Jan. 8 k Jan. 26 3 Mar. 14 454 Apr. 10 4 Apr. 8 6 Apr. 8 3534 Apr. 26 Apr. 10 30k 29 k 50 k 53 34 3354 Ilk 38 k 3k 22 k 30 k 10k 19k 28k 36 11 10k Jan. 20 6 20 k Feb. 24k Jan. 19 Apr. 11 8 22 Apr. 1 2 Apr. 10 Apr. 10 8 25 Apr. 4 8 Apr. 17 Apr. 10 2554 Apr. 11 11 10 Mar. 16 5 834 Feb. 9 2134 Jan. 3 47 k Feb. 18 18k Mar. 14 48 Mar. 15 16k Mar. 9 75 k Mar. 8 30 k Mar. 10 734 Jan. 3 10234 Apr. 26 2 34 Jan. i 4 5 34 j an. 20 7 11 10 Apr. 2034 Apr. 33 Apr. Apr. Apr. Apr. Apr. 1334 Apr. 2 Apr. 3034 Apr. 534 Apr. 434 Apr. 60 Apr. 3 34 Apr. 2534 Apr. 6234 Apr. 11 Apr. 11334 Apr. 634 Apr. 4 Apr. Jan. 4 4 4 39 k Mar. 4 454 Man. 14 21k Jan. 33 k Jan. 3 k Jan. 2534 Apr. 11 2334 Apr. 11 46 Apr. 28 4234 Apr. 10 8 2034 Apr. 65 Apr. 11 8 7 Apr. 8 354 Apr. 8 854 Apr. 531} Apr. 10 8 46 Apr. 120 27 k Mar. 11 23 34 Jan. 57 Jan. 5 Apr. 28 3 4034 Apr. 3 434 Apr. 2834 Apr. 24 3 834 Apr. 1 754 Apr. 3 1534 Apr. 3 1634 Apr. 4 57 34 Apr. 3 4 Apr. 8 78 167 Sale 3634 Sale 3 34 Sale 3734 Sale 9234 Sale 34 634 8 10 8 Apr. Apr. 27 Apr. 10 8 Apr. Apr. 24 11 Apr. Sale 51 Sale 4 85 10 634 6534 1634 8134 2 44 Sale Sale 16 Apr. 134 Apr. 734 Apr. 1134 Apr. 87 Apr. 1034 Apr. 3434 Apr. 554 Apr. 634 Apr. 534 Apr. 234 Apr. 74 Apr. 3 Apr. 6 Apr. 1634 Apr. 28 Apr. 134 Apr. 1734 Apr. 734 Apr. 81 7 30 17 167 434 2334 1434 334 634 20 434 Apr. 4 Apr. 35 Apr. 334 Apr. 2634 Apr. 734 Apr. 634 Apr. 1134 Apr. 1634 Apr. z5 7 Apr. 334 Apr. 3234 Apr. 234 Apr. 14 Apr. 134 Apr. 3 Apr. 734 934 Sale 16 1734 1634 11534 11834 115 52 5634 5434 Sale 5234 Sale 101k Sale 6234 234 114 173 734 3134 2334 534 1034 6034 834 24 Sale 34 634 21 115 1034 Sale 85 12 34 Sale 3634 Sale 534 Sale 834 Sale 534 Sale 2 34 Sale 72 34 8034 334 334 734 Sale 1934 Sale 3034 2834 234 Sale 834 Sale 7234 Sale 1634 1634 8934 Sale 83 34 7934 2034 2034 3534 Sale Sale VA 9534 45 Sale * 100 * - u s Hoffman Mach Prior preferred — 10 Sale Sale 534 Sale 834 Sale 6634 Sale 11 10 Sale Sale 65 234 334 94 Sale Sale 112 17 Sale 119 o 4 93 Sale 34 234 1434 134 234 59 36 Sale 834 Sale * 334 7 1334 1734 Sale Sale -5 10 57 33 34 8 934 1234 Sale 334 16 28 Sale 1334 1634 * Sale Sale 41 17 Sale 434 2734 734 634 1234 2 United Aircraft Corp 65 37 20 434 Sale 6534 Sale 1134 Sale 115 534 434 Sale 2 United Air Lines Transport. u s Pipe & Foundry 88,600 u s Realty & Impt 118,200 7,900 4 Sale Union Tank Car 100 4% preferred 46,000 u s Leather 17,300 Class a 30,500 500 3734 Sale 2,190 u s Freight 17,300 u s Gypsum Co 54,800 12,800 834 Sale 2134 Sale 1934 Sale 58 5834 Sale 50,600 United Paper board Co 20,800 7,100 k Sale 1834 Sale 9834 Sale 8334 Sale 23 2234 100 42,900 United Eng & Foundry 5 8,500 United Fruit * 88,700 United Gas Impt Co * 322,600 Preferred 4,300 United Merch & Mfrs inc vtc.l 2,400 9 25 Union Oil, California. Union Pacific 127,000 United Drug Inc 153,800 United Dyewood 11,800 810 3234 Sale 434 Sale 3734 Sale 434 Sale 2734 Sale 834 Sale 734 Sale 1434 Sale 1534 1934 59 5734 334 334 33 3934 Sale United Corp 521,700 Preferred 100 Sale 90 5,700 108,700 27,600 20,300 1,800 534 5 -* * —5 .5 United Biscuit of American—* 15,800 Preferred 100 210 United Carbon * 23,400 United-Carr Fastener Corp * 4,200 122,000 Sale 48 4 100 7% preferred 54,900 41,500 6,300 160,700 8,300 64,000 48,900 154,200 2,000 800 Texas Pacific Land Trust 5,400 Thompson (j r) 8,100 2,700 37,700 7,800 -* Oil----10 Texas & Pacific $3 dividend conv 1,880 18,700 Third Avenue 260 1,400 12,700 200 Gulf Sulphur. Texas Pacific Coal & 37,300 Thermoid Co 7,300 19,900 31,900 407,300 26,900 Texas 4,600 The Fair Co. 1,200 14,200 3,500 8,900 * ctfs.l 100 * 4,700 Thatcher Manufacturing $3.60 conv preferred * 1,200 1,200 / -5 25 104,200 Texas Gulf Producing Co 434 Sale 634 Sale 24 8 11 11 22 25 Apr. 234 Apr. 454 Apr. 10 Apr. 1354 Apr. Apr. Apr. Apr. Apr. 634 534 634 3734 8 2334 Jan. 1054 Apr. 1134 Apr. 15k Apr. 34 Mar. 234 Jan. 3534 Jan. 154 Apr. 454 Apr. 1434 Apr. 36 Apr. 11 Apr. 42 Apr. 934 Apr. 60 Apr. 1834 Apr. 6 Apr. 98 1 1 5 18,400 Telautograph Corp 41,200 Tennessee Corp 295,800 Texas Corp (The) 2,300 10,500 77,600 26,300 1 Jan. 3 N. Y. STOCK EXCHANGE Jan. 1 Shares RANGE SINCE JAN. PRICES IN APRIL Price STOCKS Since 39 EXCHANGE—STOCKS Jan. 28 3k Apr. 11 11 10 8 56 3 17 Mar. 22 17 Apr. 10 154 Apr. 10 7k Apr. 10 1134 Apr. j1 87 Apr. 11 1054 Apr. 10 3434 Apr. 11 5k Apr. 12 634 Apr. 10 5k Apr. 10 Jan. 3 Jan. 3 Jan. 6 Jan. 4 Mar. 14 Jan. 13 Jan. 19 Mar. 27 4 4 7k*Mar.ll 42k^Jan. 6k 634 48 k 55i 32 k 10k 9 24 Mar. 11 Jan. 3 Jan. Jan. Jan. Jan. Jan. 22k Jan. 21 Mar. 16 59 k Feb. 4k 40 9 7 10 454 Jan. 21 3 17 Feb. Jan. Jan. Mar. 3 k Jan. 28 k Jan. 10 2 10 3 4 3% Jan. 3 1534 Jan. 1434 Mar. 10 _ 96 Feb. 18k 54k 7h 1054 10k Jan. Jan. Jan. Jan. Jan. 9 3 3 10 3 4 2 Mar. 31 4 Jan. 74 Apr. 10 Apr. 3 Apr. 10 Apr. il Apr. 11 Apr. 8 Apr. 11 Apr. 11 88 Jan. 9 4k 1354 26k 3434 3k Jan. Jan. Jan. Jan. Jan. 3 30 Jan. 4 12k Jan. 4 3 6 16k 28 lk 17k 7k 2 44 654 6534 16k 81k 78 2034 33 734 15k 112k 52 1354 2 30k 454 434 60 3 34 2554 6234 11 Mar. 28 Apr. Apr. Apr. Apr. Apr. Apr. Mar. Apr. Apr. Feb. Mar. Apr. Apr. Apr. Apr. Jan. Mar. Apr. Apr. Apr. Apr. Apr. 11154 Jan. 6k Apr. 4 Apr. 66 10 8 24 4 Mar. 8 28 23 k Jan. 5 11 42 k Feb. 25 il 13k Mar. 24 18 13 117 8 65 k 11 20 10 10 3 34 Mar. 31 Mar. 22 Mar. 10 Mar. 13 31 » 6 39 k Mar. 14 7k Mar. 10 5 854 Jan. 11 74 26 11 11 8 Feb. 6k Jan. 8 xl3 k Feb. 6 115k Feb. 8 11 10 10 k Mar. 7k Jan. 11 10k Jan. 3 180 8 11 11 25 10 Jan. 27 14 i 6 5 4 8 87 k Mar. k Jan. 24 4 7k Jan. 10 113 10 11 11 4 33 k Jan. 12 78 k Mar. 11 23 35 4 354 Feb. Jan. 46 _ Mar. 60 6 Jan. 89 31k 8654 4834 1334 354 5 13 6k 11 5254 11 111k 65 k 11 4 5 11 104 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 23 4 12k Jan. 90 k Jan. 1954 Jan. Mar. 31 554 Apr. 77 170 4 4k Jan. 27 554 Mar. 31 75k Apr. 17 k Feb. 11 5 5 Jan. Mar. 3 4 9 7k Jan. 4 Jan. 18 32 2554 5k 10k 6154 49 11 68 Mar. 9 Jan. Jan. 3 4 Feb. 2 Mar. 13 Mar. 10 Jan. 3 Mar. 8 Jan. 5 Mar. 27 40 N. Y. STOCK EXCHANGE—STOCKS AGGREGATE SALES Price §39 Avril Par * 69 7% preferred preferred .--25 Gorp---_-l (70c) * * United Stores A $6 conv preferred Universal-Cyclops Steel-_ Leaf * — 1 * Tobacco 100 Preferred.. 44 9,406 ------ -100 7% 1st preferred 5 Vick Chemical Co Vicks Shreve & Pac Ry Co_ 100 36,300 Victor Chemical Works 40,300 Va Caro Chemical __5 * — 27,700 6% preferred 100 1.470 Virginia Elec & Power 6% pref* §20 Virginia Iron, Coal & Coke 100 439 5% preferred .-100 A99 Virginia Ry Co preferred—100 629 Vulcan Detinning 100 30 12,300 100 7% preferred 11.899 J Wabash ..100 - Preferred A 100 3i9 Preferred B 14.099 Waldorf System 20,090 Walgreen Co 100 -* * ,. 3,100 43*% preferred with warr 100 175,900 Walworth Co * 31,800 Walker (H) Gooder & W Ltd * 6,100 Preferred 5,400 Ward Baking Co class A__--_* 15,400 Class B._ * - 4,499 7% preferred _ — 417,000 Warner Bros Pictures 4,790 $3.85 conv preferred 85,000 J Warr en Bros ; 3,100 Convertible preferred-20 $1 1st preferred 19,300 Warren Foundry & Pipe 18,700 Waukesha Motor Co 21,600 Wayne Pump Co 9,300 3,200 38,400 5,200 2,360 3,450 4,250 1,960 3,040 85,000 17,200 5 * * * 1 * 5 1 Webster Eisenlohr_Wells Fargo &Co Wesson Oil & Snowdrift * 1 * $4 conv preferred West Penn Electric Co A—* 7% preferred 6% preferred 100 100 West Penn Power pref 7%-100 100 6% preferred Western Auto Supply Co___ 10 Western Maryland 100 2,900 2d preferred 9,600 Western Pacific., 16,700 100 100 100 .100 6% preferred 109,000 Western Union Telegraph--100 130,500 Westinghouse Air Brake * 220,300 Westinghouse Elec & Mfg. .50 1,290 7% 1st preferred---_50 17.100 Weston Electric Instrument--* 530 Class A_ * 12,200 Westvaco Chlorine Prod * 7,100 5% preferred 30 140 Wheeling & Lake Erie Ry__100 20 53* % conv preferred 100 64,800 Wheeling Steel Corp ;* 100 Preferred. 100 2,700 $5 conv prior preferred * 2,100 White Dental Mfg Co (SS)_20 103,000 White Motor Co 1 14,000 White Rock Min Spgs Co___* 9,800 White Sewing Mach— * 12,600 Convertible preferred* - 41.900 Wilcox Oil & Gas--_5 254,500 Willys-Overland Motors 1 72,100 6% conv preferred 10 70,600 Wilson & Co * 11,000 $6 cum preferrred 100 160 Wisconsin Elec Pow 6% pf-100 36,300 Woodward Iron Co 10 271,600 Wool worth (F W) 10 56,900 Worthington P & M 100 280 7 % preferred A 100 30 6 % preferred B 100 4,200 Prior pref 4 3* % series—100 4,400 Prior pref 4)4 % conv ser 100 2,803 Wright Aeronautical Corp * 11,000 Wright (Wm) Jr.. * 15,700 Yale & Towne Mfg Co 25 688,100 Yellow Truck & Coach cl B__l 2,830 7% preferred _100 35,700 Young Spring & Wire * 518,400 Youngstown Sheet & Tube * 1,600 53*% preferred 100 62,200 Youngstown Steel Door * 103,800 Zenith Radio Corp____ * 36,000 Zonite Products Corp ♦ * No par value, Change of name 1 513* 112 46 45 12 H 83 A 157 68 Sale A 19 51 72 12 1603* Sale 60 3* 193* Sale 28 Sale 4 Sale 285* Sale 115 23* 73* 119 69 Sale Sale 10 124 Sale 1193* 13* Sale 3 A Sale 2 85 8A 503* 20 A 14 A 2A 35 A 6A 39?* 3A 10 90 Sale 2 33 43* Sale 44 Sale 23* Sale 73* 103* 3A Sale 23* Sale 13*' Sale 193* Sale 90 Sale 243* 31 1193* 140 193* 373* 203* 313* ----- Sale Sale Sale Sale Sale 38 Sale Sale 13 Sale 63* 13* 193* Sale Sale Sale 3 Sale 23* 43* 4A Sale 453* Sale a¥/s Sale 65 Sale 87 104 90 Sale Sale 94 1223* 123 1163* Sale 233* Sale 2 A Sale Sale 5 3* 1 243* "25~~ 503* Sale 22$* Sale 37 A 38 183* Sale 30 31 75 75" 110 193* Sale Sale Sale Sale Sale 4 *25" 23 17 18 223* Sale 2 23* 13* iH Apr. 33* Apr. 213* Apr. 115 Apr. 23* Apr. 63* Apr. 27 643* Apr. 1 Apr. 13* Apr. 12 10 14 53* Apr. 11 153* Apr. 10 3 863* Apr. 4 Apr. 10 37 Apr. 10 193* Apr. 28 83* Apr. 11 13* Apr. 11 32 Apr. 24 4 Apr. 10 41 Apr. 10 8 13* Apr. 63* Apr. 11 63* Apr. 27 8 193* Apr. 143* Apr. 11 203* Apr. 11 13* 13* 173* 583* 10 1 W* lly> 75 70 63* Apr. 173* Apr. 89 » Apr. 5 A Apr. 433* Apr. 20 Apr. 11 Apr. 23* Apr. 35 Apr. 53* Apr. 50 Apr. 23* Apr. 10 Apr. 63* Apr. 243* Apr. 17 Apr. 243* Apr. 10 10 21 8 3 3 4 13 3 3 10 1 3 14 3 20 27 3 27 3 3 3 253* 2A 53* A 13* Apr. Apr. Apr. Apr. Apr. Apr. Apr. 110 50 42 48 10 Sale 83* Sale 43* Sale 13* Sale 93* 83* 43* 13* 163* Sale • 153* 2?* 13* 3 3* 33* 39 Sale Sale Sale Sale Sale 163* 453* 133* Sale Sale Sale 65 Sale 40 943* Sale 77 Sale 243* Sale 133* Sale 1043* Sale 123* Sale 363* Sale 83 76»3* 183* Sale 163* Sale 23* Sale 19 103* 83* 4J* 13* 163* 157 Jan. 74 Apr. 153* Apr. 6 10 74 Apr. 203* Apr. 453* Apr. 20 93* Apr. 25 7 Apr. 10 8 33* Apr. 4 13* Apr. 14 Apr. 10 Sale 453* Apr. 20 1 10 Apr. 3 93* Apr. 5 3 Apr. 1 13* Apr. 3 173* Apr. . Jan. 70 10 Feb. 23 17 35* 85* 23* 563* 123* 833* 24 Jan. 20 Mar. 3 Mar. 8 Mar. 15 Jan. 21 Jan. 3 Feb. 3 162 453* Apr. A Jan. 28 78 Feb. 25 3* Jan., 3 20 Mar. 24 16 16 5 Apr. 10 303* Jan. Apr. 10 353* Mar. 6 1103* Apr. 26 1143* Feb. 24 34 3* Apr. 11 423* Mar. 13 25 183* Apr. 10 253* 8 23* Apr. 43* Apr. 10 313* 113 Apr. 21 117 13* Apr. 12 23* 6 8 53* Apr. 17 Jan. 11 120 77 643* Apr. 12 125 Mar. 7 131 Feb. 15* 13* 53* 153* Apr. Mar. Apr. Apr. 85 4 Jan. Feb. 13* Apr. 63* Apr. 5 Mar. 193* Apr. 14?* Apr. 203* Apr. 36 1A Apr. Mar. 3 9 Jan. 11 Mar. 16 Mar. 15 3 73* Feb. 183* Jan. 16 90 20 A Jan. 143* Mar. 5 3 3 1 Jan. 4 Mar. 8 Jan. J* 4 Mar. 21 3 33* Jan. 123* Mar. 16 63* Apr. 27 11 13 8 11 EH Mar. 14 11 243* Jan. 323* Jan. 4 10 33* Jan. 3 7 11 2 ?§* 79 97 8 107 Mar. 5 4 Jan. 3 Jan. 4 Mar. 10 Mar. 9 10 98 3* Mar. 14 4 1243* Mar. 10 24 1163* Apr. 1 11 313* Mar. 9 10 43* Jan. 10 8 Jan. 4 4 21 A Jan. 13* Jan. 3 8 8 Apr. 243* Jan. 8 Apr. 313* Jan. Jan. Apr. 11 120 Mar. Apr. 28 145 8 Jan. Apr. 4 4 4 5 8 7 Feb. 24 3 38 8 223* Jan. 6 x323* Jan. 50 Mar. 27 Jan. 60 6 74 Feb. Apr. 75 153* Apr. 10 313* Jan. 80 Jan. 27 Jan. 80 Jan. 60 453* Apr. 20 Apr. 4 Apr. 13 12 20 93* Apr. 25 Apr. 10 8 3 3* Apr. 1 3* Jan. 13 14 Apr. 10 4 27 4 12i* Mar. 10 4 133* Jan. Jan. 4 13* 'Jan. 3 7 23 1 23* Apr. 33* 13* Apr. 10 33* 8 3 Apr. 63* 33* Apr. 10 8 353* Apr. 493* 1053* Apr. 20 1083* 15 Apr. 10 255* 413* Apr. 11 503* 103* Apr. 11 233* 8 56 66 Apr. 58 Feb. 16 65 24 Apr. 26 38 53 313* Apr. 19 85 Apr. 10 120 75 Mar. 31 803* 33 3* 223* Apr. 11 11A Apr. 11 213* 98 Apr. 11 1143* 93* Apr. 10 213* 30 Apr. 11 553* 75 Apr. 21 85 17 8 Apr. 313* 12 Apr. 11 223* 8 23* Apr. 35* J Companies reported in receivership. 3 Mar. 13 9 A Jan. 50 A Jan. 8 10 25 7 3 4 Jan. 3 Jan. Mar. 8 Jan. 2 11 4 4 18 14 10 18 Feb. 20 17 3* Apr. 1 Feb. Jan. Jan. 13* Jan. 33* Jan. 14 Apr. 10 37 Apr. 10 193* Apr. 28 83* Apr. 11 13* Apr. 11 32 Apr. 24 4 Apr. 10 3 Apr. 163* 1 Apr. 183* 3 Apr. 823* 3 129 Apr. 4 Apr. 103* Apr. 29 37 26 Apr. 153* 4 x29 Apr. 1 3 23* Apr. 2A Apr. Sale 1 13* Apr. 10 23* Apr. Sale 3 8 3 Apr. 43* Apr. 4 33* Apr. 10 33* Apr. 28 8 3 363* 393* 353* Apr. 403* Apr. 110 105 1053* Apr. 20 1053* Apr. 20 16 17 15 3 Apr. 10 173* Apr. 3 413* Apr. 11 473* Apr. 433* Sale Sale 3 103* Apr. 11 153* Apr. iS* 50 40 8 56 8 57 Apr. Apr. 44 34 26 24 1 Apr. 26 26 Apr. 34 30 4 313* Apr. 19 38 Apr.. Sale 85 3 Apr. 10 963* Apr. 25 Sale 75 78 6 Apr. 79 Apr. 27 23 25 3 223* Apr. 11 263* Apr. 3 133* Sale 113* Apr. 11 153* Apr. 98 1 1033* 108 Apr. 11 1043* Apr. 3 123* Sale 93* Apr. 10 133* Apr. Sale 33 30 3 Apr. 11 39 Apr. 73 76 75 6 Apr. 21 76 Apr. 17 8 3 183* Sale Apr. 203* Apr. Sale 15 12 3 Apr. 11 183* Apr. 3 8 1 23* 3 23* Apr Apr. 23* 13* 33* 33* Apr. 10 63* Apr. 28 13* Apr. 10 46 6 Apr. 93* Apr. 13 69 Apr. 10 583* Apr. 85 Apr. 95 Apr. 88 Apr. 3 zl203* Jan. 1 114 3* ■ J an. 26 203* Apr. 1 23* Apr. 4 3 3* Apr. 8 A Apr. 3 3* Apr. 60 11 2 1 4 23* Apr. 1 13* Apr. Apr. 11 1 Apr. Apr. 22 3 Apr. 3 Apr. 10 20 25 65 11 933* 8 105 10 95 11 123 25 1163* 11 Apr. 13* Apr. 2 Apr. 8 20 Apr. 8 Apr. 213* 97 Apr. 11 Apr. 28 138 8 14 Apr. Sale 37 Apr. 17 38 8 19 193* 153* Apr. 6 30 Apr. 303* *29 38 443* Apr. 1075* Apr. 19 1203* Mar. 11 33 Apr. 10 353* Jan. 3 46 43 3* Feb. 16 Apr. 13 120 c a Deferred delivery. rCasfh sales, a: Ex-dividend, y Ex-rights. from United American Bosch, g Change of name from Peerless Corp. 22 183* Apr. 23* Apr. 17 Apr. 113 Apr. 13* Apr. 53* Apr. Apr. Apr. Apr. 59 60 Apr. 85 88 903* Apr. 101 95 103 Apr. 88 94 933* Apr. 1203* Apr. 1213* 122 1.153* Sale 1143* Apr. 243* 203* Apr. 253* 3 23* 23* Apr. 6 43* 33* Apr. 3* Apr. 1* Sale 3* Apr. 193* Sale 41 26 303* 203* 3A 183* Apr. 16 Apr. 95 34 82 23* 113* 18 54 Sale Sale 50 23* 83* 61 Sale 19 54 4A 45 90 ■H* 50 Sale 17 Sale "75" Sale 1A 13* 53* 60 593* 32 13* Sale 23* 6 173* 87 Sale Sale 193* 93* 2 323* Sale iiS 66 203* Sale 1043* 108 1603* Apr. 453* Apr. 3* Apr. Sale 183* Sale 163* 193* Sale 193* 183s 943* Sale 883* Sale 8233 137 129 1393* 1233* 129 123* Sale 133* 103* 123* 68 lix Sale Sale 107 107 120 18 Sale 75 733* 90 293* Sale 793* 92 593* Sale 12 103* 3 273* 163* 91 27 1 36 11 24 10 29 10 80 Sale Sale 413* Sale 193* 203* 23 1223* Sale 1153* Sale 263* Sale 3 A Sale 6A A Sale 13* Sale 17 183* Sale 53A Apr. 3 Apr. 343* Apr. 13 46 Apr. 13 23* Apr. 3 73* Apr. 3 13* Apr. 3 46 Apr. 6 10 Apr. 4 72 Apr. 5 1603* Apr. 8 60 Apr. 1 3* Apr. 1 183* Apr. 6 22 Apr. 3 29 Apr. 15 111 Apr. 10 383* Apr. 6 114 28 843* 53* 393* 193* 83* 1A Sale 78A 803* 103 A Sale Sale lH 9 A "24"" Sale" 1 "57"" 3* 113 3* 115 1153* 116 2 23* 13* 6A 9 7 116 111 120 117 66 693* 653* 693* 120 1183* 5 11 r!H 160 55 213* Sale Sale A a* 203* 30 24 32 A 28A Sale 44A Apr. 1073* Apr. 33 Apr. 443* Apr. 443* 46 2 Apr. 23* 23* 63* Apr. 63* Sale 13* Apr. 13* 51 46 Apr. 93* Apr. JX 72 69 Apr. Sale Sale il'A Sale 87 o Sale 34 ~20?* Sale Sale Sale Sale Sale Sale 38 Sale 41 3* Sale Highest Sale Prices Sale 23* Sale 19 Lowest Sale Prices 80 Sale 416 Sale Sale 14 3H 38 Highest Sale Prices 25 30 Apr. 1103* Apr. 1103* 114 38 393* 343* Apr. 13* Sale 1A Sale 13* 23* 6 63* 173* Sale Sale 63* 18M 20 "193* Ask 1073* Sale i.10 3* Lowest Sale Prices April 29 _ 68 Sale 33 A 34 A 112 1143* Sale 40 80 253* Sale Sale Sale 46 • Sale 283* Sale Sale 73* Sale 13* Sale 54 14 Sale Sale 1 Ask Bid Sale 45 A Sale 343* 443* 23* 33* Sale 7A Sale 1A Sale — 130 Preferred--. 100 128,000 Vanadium Corp of America. _* 14,300 Van Raalte Co 5 Bid Sale Sale Sale -* United Stockyards Universal Ask -100 U S Tobacco Conv Bid 2,370 Universal Picture 1st pref__100 15,800 Vadsco Sales Corp. — — * 600 1 1939 1,671,000 United States Steel 46,700 7% preferred 28,500 2,000 21,200 8,300 38,500 3,100 2,800 5,400 RANGE SINCE JAN. Jan. 3 N. Y. STOCK EXCHANGE Shares „ PRICES IN APRIL STOCKS Since Jan. 1 Mar. 9 Mar. 9 Feb. 8 Feb. 8 5 Jan. Jan. 5 12 Jan. 4 Jan. 5 Jan. Jan. 4 Mar. 10 Jan. 18 Jan. 4 Jan. 5 3 Jan. Mar. 14 Mar. 13 Jan. Feb. Jan. 5 17 5 Jan. 4 5 Jan. 4 Jan. 4 3 Jan. Jan. H Called for redemption. OF RANGE Stock Sales April April 30___ NEW YORK CURB EXCHANGE ON 1939 1938 $30,726,000 164,833,000 $26,439,000 106,829,000 Bond Sales 1938 April. 2,903,850 14,426,901 3,497,684 15,157,889 Shares_ ... Jan. 1 to PRICES 1939 _ Jan. 1 to April 30 disregarded in the month's range, unless they are the only transactions of the month, shown in a footnote in the month in which they occur. No account is taken of such sales in NOTICE—Deferred delivery, under the rule and cash sales, are and when selling outside of the regular monthly range are computing the range for the year. AGGREGATE April Jan. 1 50 ~3~, 500 600 3,900 2,100 1,700 1939 Shares 625 Acme Wire Co 400 Aero Supply Class B 32,200 v t c Par 20 Did * 22 Mfg class A * 4,200 Agfa Ansco Corp com.: 1 17,000 Ainswortb Mfg Corp com—5 1 8,700 Air Associates Inc common * 11,200 Air Investors Inc common 100 500 1,000 Convertible .* 2,800 720 400 100 preferred 550 Ala Gt Sou RR ordinary 225 50 4,575 Ala Power Co $7 preferred...* $6 preferred * 3,030 * 800 Alles & Fisher Inc common 1,650 Alliance Investment common * 500 Allied International Investing 200 9,100 600 2,400 ~ 8~, 800 150 $3 April 1 Ask Bid 28 24 30 20 22 20 Sale 6 30% 32% Sale 8 X2M 3% 30% 6% Sale 7 Sale Sale 63 % 1% % 81% 1% 6% preferred 100 7,800 * 6,000 Aluminum Goods Mfg 650 Aluminum Industries com—_* * 33,950 Aluminium Ltd — 100 7% 18% 9 128 Sale 110% 14% Sale 15 18 17 15% Sale 19,075 1,175 10 31,100 900 700 35,500 500 2,000 1,050 50 500 800 950 228,100 American Gas & Elec com 86 preferred 5,125 12,700 American General Corp 82 preferred 3,500 82.50 preferred 425 * 10c — 1 2,050 Amer Hard Rubber Co com.50 650 Amer Invest of 111 — 42,500 13,600 130,200 4,700 47,500 6,900 5,400 5,100 8,000 29% 27 Sale Sale 28% 1% 10% 32% Sale Sale Sale 52 7 4 % % 23 18 77 65 Sale 1 % 62% Sale 3 Apr. 27 28 25 25 1 29 28 21 12 Amer Potash & Chem Corp--* Republics Corp com..10 Amer Seal-Kap Corp com—.2 American Superpower * 1st preferred 86 series * Preferred 86 series * American Thread preferred 5 Amer Anchor Post Fence common. .* 180 _5 4,900 Art Metal Works common_ 37,400 Ashland Oil & Refining Co..1 _ _ __ 9 6 Apr. 90 Apr. 103% Apr. 111% Apr. 26 112% Apr. 14 Apr. 19 15% Apr. 111% Sale 105 111 Sale 112 Apr. 108% Apr. 16% Apr. 21% Sale 1% 1% Apr. 1% 46 46 52 Apr. 6 7 5% Apr. 2 2 Apr. 1% % % Apr. %6 18 Apr. 16 20% 73 67% Apr. 64% 1 1 Apr. 1% Apr. 31% x2I 28% 25% Apr. 1% 1% Apr. 29% 21% % Sale 1% 113% 3% 24% 27% 6% Sale 4% Sale 24% Sale 26% 28% 10 Sale 112% Sale 3% 25% 24% Sale 26% Sale 7 18% 5% Apr. 14 6% Apr. 1 1% Apr. 10 15 Apr. 25 Apr. 8 60 Apr. 13 71 Sale 15% Sale 14 27 26% Sale 15 16 10 Sale 26% 9% 16% 14% 28 10 50 85 Sale 57% % 65 Sale 55 65 29% % 22 Sale % 25% % 61 57 % 27% % 66 7 5% 9 Sale 5 5% Sale 67 70 19 Sale 3% Sale 1% Sale 2% Sale 12% Sale 109 % % 67 6% 5% % 66 Sale 6 Sale 72 16% Sale 3% 3% 1% 1% 2% 3 9 10% 62 6% 5% %6 Sale 73 71 11 15 3% 1% Sale Sale % 3% 3% 7% 83% Sale Sale Sale Sale 14% 3% 1 % 2 % 3 5 6% Sale 4% Sale 2% Sale Sale 2 Sale % 6 6% 6 6% Sale 4% a ,% Sale 5 4% 4% 8% % % 7% 9% % % Mar. 21 Jan. 6 5 Jan. 3 2% Jan. 3 i!" 18 Jan. % 66% 94% 86% Jan. 12 Feb. 24 9 23 2 23 24 1% Jan. % Jan. 10 9 % Jan. 8% Apr. 7% Jan. 17% Mar. 90 17 Mar. 17 Mar. 7% Jan. 18% Jan. 9 24 1 23 12 Mar. Jan. 8 131 4 3 115% Mar. 8 15% Mar. 17 Mar. 31 Mar. 11 4 110% Jan. 14 Apr. 19 Mar. 31 141 Jan. 10 17 11 10 4 3 6 10 1 10 10 8 10 10 29% Apr. 15% Apr. 13 Apr. 25% Apr. 9% Apr. 57% Apr. % Apr. 20% Apr. 23 9 Mar. 11 Mar. 3 Jan. 62% Jan. 1% Jan. 12 3 Jan. 108 Apr. 12 Apr. 27 21% Apr. 29 1% Apr. 17 46 Apr. 11 5 6% Apr. 2 Apr. 4 3 6 10 % Apr. 18 Apr. 67% Apr. 1% Apr. 24 30% Apr. 28 28% Apr. 28 3 1% Apr. 22 Apr. 10 22 Apr. 1 % Apr. 5 5 9% Apr. 36 Apr. 13 114 Apr. 4 1 3% Apr. 6 24% Apr. 27% Apr. 26 7% Apr. 26 19 30 11 17 11 14% Apr. 3 27% Apr. 3 11 Apr. 3 57% Apr. 11 % Apr. 5 27% Apr. 28 8 18 11 12 Apr. 12 5% Apr. 10 Apr. 11 % Apr. 13 68% Apr. 21 13 Apr. 11 3 3% Apr. 1 % Apr. 11 2% Apr. 13 10 Apr. 10 60 5 8 3 Apr. Apr. . Apr. 15 Apr. 12 5% Apr. 5 % Apr. 1 73 Apr. 25 17% Apr. 3 3% Apr. 20 1 % Apr. 8 2% Apr. 29 11% Apr. 5 70 7 Apr. 10 111% Apr. 3 % Apr. 17 % Apr. 1 3 % Apr. 22 1% Apr. 11 1 2 3 % Apr. 22 Apr. 6 5% Apr. 7% Apr. 22 6 78% Apr. 83% Apr. 25 6 % Apr. 5 Apr. 22 5 4% Apr. 3 4% Apr. 10 109 Sale % Sale 2% Sale 2% Sale 5% 6 20% 34% Mar. 25 104 18% Apr. % Apr. 11 8% Apr. 26 8 31 Sale Apr. 114 112% Apr. 17 3% 3% Apr. 18 24 Apr. 18 25% 1 27% Apr. 27% 1 8 6% Apr. 14 28* 56* Apr. Sale 16% 8 27 11 110 9 33 Jan. 31% Mar. 16 10 125 % Sale 116 20% o Sale 9 Sale 26 * 10 17% 27 Sale 27 Jan. If* Sale 93 111 Jan. 3% Apr. 4% Apr. 30% Apr. 6% Apr. 8 Apr. 1% Apr. 15 Apr. % Apr. 62% Apr. Apr. Apr. 2 Apr. 7 30 1% 32% Sale 1 24 1% 31 28 26 Sale 100 Preferred 3% Apr. Apr. 11 5% Apr. 14 1 6% Apr. 1% Apr. 10 15 Apr. 25 8 %6 Apr. 60 Apr. 13 79% Apr. 10 73 Apr. 10 2 Apr. 12 22 17 2,200 9,500 320 2,700 31,200 96,700 14,400 25 74 67% 1% Sale 27 1% 1% 6% % 17 Angostura Wupperman.. 1 Apex Elec Mfg Co common * Appalachian Elec Power— 87 preferred .* 1,530 1 16,900 jArcturus Radio Tube 46,400 Arkansas Nat Gas common..* Class A. * 162,500 Preferred 10 30,500 320 Arkansas P & L 87 preferred-* 800 3,000 22 Sale 2 4 25 25 100 Amer Pneumatic Service ~1,650 11,400 1,300 29,600 1,300 5,900 1,200 1,000 2% % 20 68,100 American Maracaibo 6,100 American Meter Co ""500 7% 1% 14% % 1% * com 6,700 Amer Laund Mach com 46,800 Amer Light & Traccom 6% preferred 2,100 2,475 Amer Mfg Co common. 20 61 Sale 2 Class B 3,600 Amer & Foreign Power warr__ * 3,700 Amer Fork & Hoe Co com 10 9,700 1,200 1 240 Amer Cyanamid com class A. 10 Common class B non-vot--10 112,800 125 2,900 5,900 7 14% Sale 105 1.200 50 8 110 16 108% 111 7,600 100 8,900 12 3 139% Sale 108 45 2,900 "5% "5% 15% 100% Sale 111% 113 9 100 Apr. 26 5 8 5% 19% 58 380 American Book Co Highest Sale Prices 8% Apr. 100 10 14,400 Amer Beverage Corp 20 Sale 4 2% 1% 1 10,000 Amer Box Board Co com 500 Amer Capital Corp cl A 10c Common class B 10c 4,500 83 preferred --* 1,300 450 85.50 prior preferred * 61,000 American Centrifugal Corp._l Amer Cities Power & Lt Corp— Conv class A 25 7.850 Class A with warrants 25 9,100 400 Lowest Sale Prices 18% Feb. 10 conv 6% preferred 1,850 53,300 American Airlines Inc Highest Sale Prices 25 32 22 13 Sale 67% Sale 2% 1 % 62 19 4,200 1% 18 14 % 61 % 20% Sale 1% 1% 8,000 Sale Sale 7 1% 23 20\H Ask 26 24 26% Lowest Sale Prices April 29 Aks Bid * preferred 100 Allied Products Corp com—10 Class A 25 450 * 35,600 Aluminum Co common 450 1 Jan. 3 EXCHANGE STOCKS SINCE JAN. Price NEW YORK CURB Since Shares RANGE PRICES IN APRIL SALES In 16% Apr. 1% Mar. 46 Apr. 5% Apr. 2 Apr. % Jan. 18 Apr. Jan. 4 3 110% Mar. 16 2 25% Mar. 10 31 11 10 4 3% 60% 9% 2% Jan. 17 Jan. 6 Jan. % Jan. 7 5 Mar. 17 9 6 23 Feb. 67 Feb. 4 75 Mar. 1 Jan. 12 27 Jan. 35 Mar. 13 25% Apr. 1% Apr. 22 Apr. 18% Apr. % Apr. 8% Apr. 31 Apr. 112% Apr. 3% Apr. 34 Mar. 10 24 26 Jan. Apr. 3% Jan. 1% Jan. 2% Apr. 10 Apr. 3 116 7 Jan. 3 4% Jan. 19 28% Mar. 10 31% Mar. 3 10% Jan. 18 31% Mar. 15 18 Mar. 2 18 Jan. 9 29 Jan. 17 15 Jan. 7 66 Jan. 1% Mar. 5 2 29 7 5% Apr. 10 4% Jan. 25 % Apr. 13 13 4 Feb. 40% Mar. 10 26% Jan. 15% Apr. 13 Apr. 25% Apr. 9% Apr. 57% Apr. % Jan. 20% Apr. 61 19 Mar. 10 11 Jan. Feb. 7 28% Jan. 1% Feb. 6% Mar. 55 6 18 2% Jan. Jan. 27 2% Jan. Jan. 4 70 Apr. 15 9 Jan. 3 6% Mar. 27 1 Feb. 12 77% Mar. 11 27 6 6 Feb. 6 7 3% Apr. 20 16 1% Jan. 3 3% Feb. 8 20 13 10 14 Jan. Mar. 108% Jan. 19 112 3 % Feb. % Jan. Jan. 3 1% Apr. 11 2 1 3% Apr. Apr. 7% Apr. 5% Jan. 10 92 Mar. 6 78% Apr. 5 7% Mar. Apr, 22 5% Feb. 4% Apr. 10 21 17 5 22 22 3 1 17 * Assoc Breweries of Canada Associated Elec Industries— 1,900 800 12,200 8,200 27,300 American deposit rects—£1 3,600 8,200 Assoc Gas & Elec common—1 Class A 1 95,800 85 preferred * 39,500 Warrants 49,100 800 Assoc Laundries of Amer Vot trust ctfs common Assoc Tel & Atlanta Birmingham & Coast RR Co preferred 100 63 60 Atlanta Gas Light 6% pref.100 * 19,400 Atlantic Coast Fisheries ~3 10 20 7,400 10 710 Atlantic Coast Line Co 80 800 6,500 3,900 8,300 7,200 Tel class A * * * 8% % 1% 8% %e % 3,700 25,500 19,800 67,700 20,600 For footnotes see Atlantic Rayon Corp Atlas Corp warrants 1 Corp * Austin Silver Mines 1 Automatic Products Corn 53. Sale 9% Sale 6% Sale i64 Sale n 7% Sale *6* 70 70 63 65 68 75 Apr. Apr. 2% Apr. 97 2% 3% Sale 17 4% 24 8 Jan. 27 %6 Apr. % Apr. 8% Apr. %4 Apr. Apr. Apr. Apr. Apr. Apr. % Jan. % Jan. 5% Jan. 14 13 14 *64 Jan. 19 4% Sale Sale %8 Sale 2% Sale 3 % Sale "3% 3% % Sale % % Sale 13% 14 % 2% Sale Sale 3 15 > Sale a Apr. 3% Apr. % Apr. 13 Apr. % Apr. 1% Apr. 17 68 4 97 11 8 1 17 68 % Apr. Apr. 1 Apr. 17 96% Jan. 23 2% Apr. 11 17 Apr. 8 3% Feb. 4 % Apr. 11 1 13 %6 Apr. 3 Apr. 29 4 Apr. 15 1 8 Apr. Apr. 4 3% Apr. 22 20% Apr. 3 11 10 10 25 Sale "3% % —5 8% %« % 7% 8% Apr. % Jan. 8% 50 Atlas Plywood page 9% Sale Sale 3 4 Mar. 31 % Apr. 1% Jan. 1 28 Mar.' 6 % Jan. 1% Jan. 11 3 3 Mar. 10 %6 Jan. % Jan. 3 3 68 Apr. 17 98 Feb. 3 3% Apr. 22 31% Jan. 4 4% Jan. 10 Jan. 18 25% Jan. % Jan. 3 Apr. 12 9 1 29 NEW 42 YOKE EXCHANGE CURB AQOREOATE PRICES IN APRIL SALES NEW YORK Avnl 1939 Shares .1,900 500 75 ""loo 21,600 590 8,300 STOCKS 1,500 11,100 """60 260 150 300 150 12", 800 ' 70 200 100 25 ' 6,700 3,700 1,060 75 900 1,075 6,700 3,100 2,300 ' . ""60 150 500 Purch warr for common Rubber Co Baldwin 900 1,300 6,200 13,300 18,000 101,000 1 com Bardstown Distillery Inc Barium Stainless Steel Barlow & 1 1 1 * 7% 1st preferred 100 7% 1st prof vot tr ctfs—100 178,300 Beech Aircraft Corp com 1 92,600 Bell Aircraft Corp common—1 94,800 Rights. 77,200 Bellanca Aircraft common 1 580 Bell Telep Co of Canada—100 650 Bell Telep of Pa 6 H % pref.100 2,200 Benson & Hedges common...* 1,150 Convertible preferred * 19,900 Berkey & Gay Furniture Co._l 13,100 Purchase warrants 5,560 Bickford's Inc common * ""9",300 mm mm mm 350 300 7% Sale 3* 23* Sale 163* l\% 3% Sale 28 % Sale 19 22 Sale 19% Sale 5% Sale 5% 6% % % % Sale 8% 5% 19% 19 o 8% 7% % 1% Sale 7% 1 Sale Lowest Highest Sale Prices Sale Prices 33* i!« 43* 173* 13 63* Apr. 23* Apr. Apr. 17 11 6 13* Apr. 73* 7 15 1 1 3 15 73* Apr. 33* Apr. Apr. 15 15 6 6 15 Sale 153* 63* Apr. 23* Apr. Apr. 23* Apr. 173* 14 Apr. 11 i>* _ 23* Apr. 393* Apr. 20 Apr. 15 3 3 17 15 Feb. 15 1 Sale Sale 5 63* % 3* e 6 >* 8)4 6% Sale 2 63* * % 43* 53* Sale 5 Sale 5 63* Sale 153* Apr. 29 4 Apr. 10 8 5 Apr. 6 % Apr. 3*, Apr- 1 83* Apr. 43* Apr. 43* Apr. 12 10 193* Apr. 63* Apr. 63* Apr. 1 Apr. 3* Apr. 83* Apr. 53* Apr. 63* Apr. 83* Jan. 13 43* Jan. 10 8 163* Feb. 15 Feb. 8 13* Jan. 23* Apr 353* Mar. 31 13* Jan.. 4 4 Jan. 14 45 Jan. 20 14 293* Jan. 5 223* Mar. 3 Ap\ 11 153* Apr. 29 4 Apr. 10 5 5% 13 10 4% Sale Sale 7% 22 73* Jan. 25 43* Apr. 10 43* Mar. 31 17>* % 63* Sale 22 1183* % % H (E W) & Co common... 2,175 Bliss & Laughlin Inc com .5 16% Sale 9% 23,300 Blue Ridge Corp common—1 8,400 $3 optional conv preferred.* 7,700 Blumenthal (S) & Co com * 2,100 Bohaclc (H C) Co common—* 590 7% 1st preferred 100 800 Borne Scrymser Co 25 2,700 Bourjois Inc 1% 37% 7% 2% Sale Sale 153* 5% 14% 26 30 15 7At % 14 53* 6% Apr. 14 Apr. 25 4 43* Apr. 35 Jan. 63* Apr. 203* Apr. 7 53* Apr. 168 Apr. 1183* Apr. 120 25 32 Apr. 393* Apr. 3* Apr. % 3* Apr. % 15 133* Apr. 36 Apr. 53* Apr. 6 11 10 734 Apr. 8 1723* Apr. 27 121 27 25 393* 3* % 6 1 11 15 12 36 10 53* 4 4 31 6 103* Mar. 63* Mar. 83* Jan. 2 50 Jan. 40 Feb.'23 Jan. 23 Jan. 13 Feb. Jan. Apr. Feb. Apr. 10 Jan. 5 13 113* 363* 23* 103* Feb. 28 Jan. 3 Feb. Jan. 1183* Apr. 11 24 Jan. 13* Jan. 13* Jan. 3 53* 203* 13* 53* 83* Apr. 263* Apr. 9 7% Feb. 353* Apr. 27 Apr. 14 33* Apr. 27 30 11 S3* Sale 26 Sale 121 122 14% 4 36 12 8 73* Sale Sale Sale 120 33* 5 13 9 15 7% 36% 353* Apr. 27 30 Apr. 14 33* Apr. 27 40 8 Mar. 28 2 35 4 1 Apr. Mar. 18 Sale 50 5% Sale 175 123 18 16 Mar. 10 Mar. 10 Jan. 35 Mar. 11 Jan. 423* Mar. 11 164 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. 16 27 3* Apr. 3* Mar. 13 Jan. Jan. Jan. Mar. 34 39 53* Apr. 5 3 Mar. 21 Feb. 24 17 8 Jan. 5 4 11 173* Jan. 203* Jan. 13 13* Jan. 20 10 393* Mar. common Bliss — Sale "93* "l0" Sale 19 22 1% 39% 8% Sale 23% Sale 10 3% 4 1 Sale 38 Sale 5% 2 18 3* 1 373* 53* 6 33* 36 Sale 3% 2 18 22 103* 3% Sale Sale 1% 23 103* 33* 113* 33* Sale 8 Apr. 133* Apr. 10 % Apr. 34 Apr. 43* Apr. 13 173* Apr. 103* Apr. 33* Apr. 11 10 8 10 11 15 113* Apr. 173* Apr. Apr. 133* Apr. 10 13* Apr. 38 Apr. 63* Apr. % Apr. 34 Apr. 43* Apr. 23* Jan. 17% Apr. 8 4 2 9 Jan. 4 Feb. 10 24 Jan. 6 Jan. 3 11 Jan. 27 33* Jan. 183* Apr. 103* Apr. 33* Apr. 8 3 14 10 5 17 43* Mar. 20 Hotels— 20,600 Common 5,400 7% 1st preferred 16,100 2d preferred 40,600 Brazilian Tr Lt & Pr ord 75,900 Breeze Corp 121,900 Brewster Aeronautical 101,000 Rights. * 100 * * 1 1% * 100 300 Bright Star Electric class B. 6,000 Brill Corp class A.. 4,000 Class B 2,700 7% preferred 2,600 Brillo Mfg Co common — * * * 100 * Sale 3% 8% Sale Sale Sale 8 31% 7% 71% % 4 % 1% 28>* 11 Sale 35% Sale 75 % Sale Sale 32 11% 13* 20 Sale 20 12% 22.200 Bridgeport Machine com 70 Preferred ' 930 Highest Sale Prices 353* Apr. 7% 300 $2.50 conv preferred * 4,600 Birdsboro Steel Fdy & Mach_* 820 Ask Sale 7% 3% 14% 12% 1% 2% 13 % Lowest Sale Prices April 29 Ask Bid \Bid Sale ""166 1,900 700 Avril 1 Ask % 12% 100 Bridgeport Gas Light Co ' Bid Seelig Mfg clas.s A..5 Basic Dolomite Inc common.. 1 Bowman Biltmore 2,200 .--30 1,600 Beaunit Mills Inc common. .10 800 $1.50 conv preferred 20 66", 700 1 Locomotive— 7% preferred-.; Blauner's 17",200 * Bath Iron Works Corp 100 Baumann (L) & Co com 300 32,700 11,200 Par 45,900 Babcock & Wilcox Co Baldwin 25,900 2,300 2,300 10,600 (Continued) 6,700 Auto Voting Machine com—* 3,800 Avery (B F) Sons Co— 5 125 6% preferred with warr—25 25 6% preferred ex-warr 25 1,200 Purchase warrants 173,300 Aviation & Transport Corp.. 1 3,390 Axton Fisher Tob class A 10 9,350 115,400 8,400 6,300 52,800 2,500 8,300 41,800 700 SINCE JAN. Jan. 3 Jan. 1 Shares RANGE Price CURB EXCHANGE Since In "4% "4% 10% 7% 8% 29 Sale Sale Sale 27 33 43* 703* > 23* 13* 233* 103* Sale Sale 32 11 13* 123* 33* 93* Apr. 10 Apr. 10 Apr. 8 Apr. 8 6 Apr. 11 73* Apr. 10 nlsApr. 24 2 20 5 10J* 73* 93* 'At Apr. 27 Apr. 28 Apr. 28 3 Apr. 3 Apr. 3 Apr. 8 Apr. Apr. 10 Apr. 10 8 Apr. Jan. 26 6 Apr. 11 73* Apr. 10 Lis Apr. 24 13* 123* 33* 73* Jan. 32 43* 33* Apr. 8 43* Apr. 3 33* Apr. 74 X % 23* 2-1 a 5 103* Sale Sale 33 4 Sale 75 2 Sale 43* 93* 63* 83* 33* 13* 26 103* 1 223* 103* Class A Jan. 17 8 26 >A, Apr. 3 Apr. 13* Apr. 233* Apr. 10J* Apr. 303* Apr. 2 Apr. 1 Apr. 213* Apr. 103* Apr. 293* Apr. 3*6 Apr. 12 2 Apr. 11 1 Apr. 10 213* Apr. 10 93* Jan. 20 4 293* Apr. 203* Apr. 12 203* Apr. 26 3 Jan. 17 243* Jan. 4 53* Jan. 18 123* Mar. 10 113* Feb. 23 12 3* Jan. %, Apr. 32 Jan. 3 8 17 7 3* Jan. 3 Mar. 15 77 3* Jan. 12 43* Jan. 5 13* Mar. 16 Mar. 13 31 113* Mar. 3 31 3 Mar. British-American Oil Co— 100 900 200 300 200 5,200 * * Coupon stock (bearer) Registered. 21 21% 21% 213* 213* 223* 223* 203* 203* 213* 213* 12 203* Apr. 26 203* Apr. 213* Apr. 21% 21% 23 213* 213* 225* 233* 21 223* 223* 213* Apr. 18 223* Apr. 23% 233* 83* 43* 20 Apr. Apr. Apr. Apr. 18 25 10 17 13* Apr. 12 13* Apr. 23* Apr. 9 10 Apr. 30 29 313* Apr. 20 203* 193* Apr. 102 Apr. 11 113* Sale Apr. 13* 2 13* 2 13* Apr. 10 3 3* Apr. 11 Apr. 21 203* Apr. 223* Mar. 1 22 3* Jan. 20 British Amer Tobacco Ltd— Amer dep rets ord bear__£l Amer dep rets or dreg £1 British 6001 600 200 10s — 3,200 Brown Forman Distillery $6 preferred 200 2,100 3,750 25,800 4,250 18,700 Bruce (E L) Co ^ mm mm mm 2,500 3,900 5 Buckeye Pipe Line— 50 Buff Niag & East Pow pref_25 $5 1st preferred * Bunker Hill & Sullivan...2.50 500 Burma Corp Amer dep rets— % 1% 13* 7% Sale 9 21 3* Sale 2% 53* 123* 30 % Feb. 5 53* Sale 6 13* 153* 273* 203* 1063* 163* Sale Sale Sale Sale 15 3 3* 10 13* Sale 12 30 32 20 Sale 123* Sale 3 1% SH 2 23* 1 2 12 %c 2% 3 1% 23* c—50 %t X* 33* 163* 173* 15 4% 173* 15 10 10 Apr. 11 Apr. 24 3 53* Apr. 20 Apr. 10 4 33 34 28 31 27 29 8 11 303* 11 203* 14 106 3* 11 123* Apr. Apr. Apr. Apr. 17 3,700 Burry Biscuit Corp 21,000 Cable Elec Prod Jan. 16 10 31 10 10 21 1 15 53* Am dep rects 5% % pref._£l 500 Calamba Sugar Estate Co—20 Camden Fire Ins Assn -5 mm 3 24 Feb. 28 new v t 233* Feb. 73* Mar. 43* Apr. 20 Apr. 13* Apr. 12 % Feb. 16 27 Mar. 11 Jan. 5 20 73* Jan. 23 3* Jan. 3 5 23* Feb. 17 * Brown Rubber Co common.. 1 mm 18 1 27",400 6,800 1,000 4,100 % * 5,900 tBrown Co 6% preferred-.100 5,300 Brown Fence & Wire com 1 1,100 Class A preferred * ""6", 700 450 21 Ltd—■ 100 Am dep rets ord reg 325 British Col Pow class A """225 3,200 Celanese % Sale % % 19 2 Apr. 24 6 23* Apr. 10 17 10 8 Apr. 273* Jan. 24 345* 193* Apr. 11 23 3* 102 Apr. 14 107 11 153* Apr. 11 2 Jan. 9 2 3* 13* Apr. 19 23* % Apr. % Apr. 3* Jan. Apr. 33* Apr. 33* Feb. 163* Feb. 17 Jan. 3 Jan.' 4 Mar. 23 Mar. 9 Jan. 10 Jan. Jan. Jan. 3 26 13* Mar. 7 2 Cables & Wireless— 600 100 """l25 ~Y,666 Canadian Car & Fdy pref 25 4,600 Can Indus Alcohol class A—* 1,000 B "7",100 175 13,700 3Y.866 Class B 23* 23* 33* 33* 1 1,200 Capital City Products 31,700 Carib Syndicate com "Y.666 1 13* Co conv A stock. _* * * 3,800 Carnation Co common 9,200 Carnegie Metals Co common. 1 110 1,440 Carolina Pow & Light $7 pref.* 450 $6 preferred * 22,000 900 1,400 m mm - - - - 8,700 90,200 Carrier Corp common 2,700 Carter (J W) Co common 5,300 Casco Products 250 Castle (A M) & Co 37,000 Catalin Corp or America 1 .1 — * 10 1 Sale" 183* 30 13* 13* 13* 13* 13* 2 13* % Sale 3 27 203* 6 14 3* Sale 893* 92 43* 283* Sale 943* Sale 82 84 Sale 63* 12 Sale 63* 103* Sale 15 23 3* Sale 17 43* 903* 33* Sale 43* 95 21 Sale 24 20 4% 24% 82 1 % Sale 3 88 43* 13* 24 3* 3 1 53* * 25c 1,700 2,300 50 w * non-voting Canadian Marconi Co Carman & ""266 33* 4 103* 20 23* Sale 22 28 263* Apr. 13* Apr. Apr. 13* Apr. 4 3* Apr. 5 Apr. 25 % Apr. 10 Mar. 10 4 173* Jan. 6 333* Mar. 3 23* Jan. 17 263* Apr. 13* Apr. 11 13* Apr. 28 1 53* Apr. 1 3 Apr. % Apr. 5 Apr. 3* Feb. 4 1 25 8 33* Apr. 10 4 Apr. 1 3* Apr. 933* Apr. 28 82 Apr. 26 33* Apr. 243* Jan. 3* Apr. 10 4 8 85 Feb. .3 96 Mar. 78 Jan. 16 87 Mar. 10 Apr. 53* Feb. 9 Apr. 183* Mar. 23* Apr. 11 23 11 31 1 213* Jan. 4 63* Mar. 30 15 Jan. 4 233* Jan. 5 43* Jan. 3 1 Apr. 3 Apr. 5 Apr. 6 Apr. Apr. 22 Apr. 25 1 Apr. Apr. Apr. 76 Apr. 33* Apr. 12 11 Feb. 1 Apr. 133* Jan. Apr. 85 Apr. 63* Apr. 10 5 25 12 6 913* 53* 613* 273* 143* 913* Jan. 26 13* Apr. 13 3*6 Apr. 83* Apr. 3 3* Apr. 31 1 8 3 % Mar. Jan. 13* Mar. 1 4 8 24 33* 27 43* 28 ^ „ 33* % 923* 803* 93 823* 113* 63* Sale 63* 103* 183* 33* 9 15 3 79 Apr. 10 Apr. 11 8 Apr. Apr. 11 Apr. 20 10 11 33* 263* 3* 873* Apr. 53* Apr. 9 Apr. 23* Apr. 8 11 1 28 133* Apr. 63* Apr. 11 Apr. 3 3 3* Apr. 21 6 10 43* Jan. 12 283* Mar. 30 % Jan. 18 3 Celanese Corp of America— 750 250 3,260 7% 1st partic preferred ..100 2,800 Celluloid Corp common 15 1st preferred 1,230 * 900 $7 dividend preferred * 6,800 Cent Hudson Gas & Elec com. 30 Cent Maine Pow 7 % pref. 100 2,160 Cent N Y Pow 5 % pref 100 1 7,000 Cent Ohio Steel Prod 1,525 Cent Pow & Light 7% pref.100 4,800 5,200 Central & Southwest UtilitiesCommon ; 21.900 50c 34,900 Central States Elec common. .1 900 110 225 1,100 20 900 800 4,225 1,823 9,148 950 -m «. "25 7,600 7% preferred 6% preferred Conv preferred 100 100 100 Conv pref opt ser 1929.-100 1,225 18,300 Centrifugal Pipe Corp Chamberlin 300 14 43* 14 5 Sale 76 33* 14 43* Sale _ 210 mm 133* Sale 4,000 Metal 700 Charis Corp common 175 525 Cherry-Burrell Corp com see page 53. 8 913* Sale 83* 93 Sale 90 13* Sale 873* 73* Sale 73* 92 90 Sale 13* 3* 93* 43* 43* 4 3* 43* 1% Sale 103* Sale Sale Sale Sale 33* Sale 63* 53* Sale 63* 43* 53* Sale 63* 13* 3*6 Sale 83* 10 23* Sale Sale Sale 933* 13* 3* 73* 3 4 23* 3 3* 9 33* 1 Apr. 3* Apr. 73* Apr. 23* Apr. 12 85 11 43* 12 543* 203* 10 1 143* 25 913* 12 91 6 11 8 8 11 8 73* 92 5 33* Sale 23* Apr. 3 3* Apr 22 1 23* Apr. 22 6 33* Apr. 4 Apr. •53* Apr. Apr. 11 6 20 1 43* Apr. z63* Apr. 27 13 6 Apr. . 48 18 90 85 3* 7 3* 23* 43* 2 3* 33* Apr. 8 Apr. 8 Apr. 11 Apr. 8 Jan. 3 Apr. 22 Mar. 20 Mar. 10 Mar. 10 Mar. 13 Mar. 11 Jan. 20 Apr. 25 96 Mar., 9 93* Feb. 1 98 Mar. 27 13* Jan. 3*6 Jan.14 5 20 5 Mar. 11 Mar. 11 53* Feb. 43* Jan. 43* Jan. 9 19 3 Weather Strip Co 200 For footnotes 90 Apr. 33* Apr. 50 Apr. 18 Apr. 14 Apr. 90 Apr. 85 Apr. 63* Apr. 87 Apr. 5 10 5 4% 7 xl2 4 Apr. 11 53* Jan. 23 Apr. 20 sl2 73* Jan. x6% Apr. 4 27 Jan. 24 15 NEW MAY, 1939] AGOREOATE SALES PRICES IN APRIL April 300 2,000 500 4,900 1,275 21,300 27,100 2,200 1,550 11,700 2,200 5,800 4,900 75 3,900 "'"350 10,400 200 1,000 4,000 200 2,500 Par (Continued) .25 Chesebrough 'Mfg Mfg_ Chicago Flexible Shaft Co—5 Chicago Rivet & Machine 4 Chief Consol Mining Co 1 Ohilds Co preferred 100 Bid 10 * * 133 128 121 5* 113 Sale 6 75* 65 7 5* % 6 8 Sale Sale 58 7% 50 3* 363* Sale Sale 46 45* 4 6)4 50 43 54 60 3* 61 60 3* 7,450 Cleveland Elec Ilium com— * 14,300 Cleveland Tractor com 900 Clinchfield Coal com 100 23,800 Club Aluminum Utensil com.* 36 100 6% Sale Sale 55* 13* 25* 373* Sale 2 Sale 63 3* 4% 800 * 31,200 Colon Development Co Ltd— 2.100 6% convertible preferred £1 33* Sale 43* 43* 83* Sale 22,900 Colorado Fuel & Iron warr 3.600 15,500 Colt's Patent Fire Arms Mfg 25 Sale 92 Sale Prices 185* 5* 1 5* 37A 6% 49)4 4% 38 5 Sale Sale in 2% 2% Sale 39% 6% Sale 4% 48% 62 67 63 683* 4% 4)4 Sale Sale Sale Apr. Apr. 5% Apr. % Apr. 34% Apr. 62 % 37 38 4% 13* 2H 14 113 673* 11 11 63* 5*6 10 403* 6 Apr. 8 Apr. 1 4% Apr. 10 40 Apr. 20 66% Apr. 22 63 % Apr. 4% Apr. 46 Apr. 27 Apr. Apr. Apr. o Apr. 21 73* Apr. 53 3* Apr. 43* Apr. 6 493* Apr. 6 67 Apr. 22 69 Apr. 5 Apr. 15 173* Apr. % Apr. 1% Apr. Sale 4% 2 2)4 Sale '~7y2 Sale" 7,300 Highest Sale Prices 110 6)4 5 2,500 Cohn & Rosenberger com 8,300 117 47 69 }4 Sale Sale 200 Cockshutt Plow Co Ltd- 100 55 Sale 48 45 Preferred BB Sale Sale 4)4 1,825 Cities Serv Pr & Lt $6 pref—* 3,275 $7 preferred 12,100 City Auto Stamping Co * 300 City& Suburban Homes 10 --1 1,600 Clark Controller Co 33,100 Claude Neon Lights com 1 1,300 Clayton & Lambert Mfg Co..* 800 S9Vs 10 4 1 363* Apr. 4 Apr. 1 % Apr. 2% Apr. 5 Apr. 7% Apr. 20 38 11 5 11 19 29 26 Sale 4 3* Sale 78 76 2)4 4% 4)4 81 % 2% 45* 5 Sale 5 1 1 Apr. 1 Apr. 13* Apr. 12 1 23* Apr. 5 Apr. 29 73* Apr. 26 1 % Apr. 11 6 4% Apr. 4 8 Apr. 6 70 Apr. 23* 43* 53* 813* 673* Apr. 33* Apr. 3* Jan. 3* Apr. 343* Apr. 6 Apr. 8 433* Mar. 22 33* Feb. 2 Mar, 37 3 93* Feb. 6 553* Mar. 27 5 Mar. 25 Mar. 27 51 Feb. 4 533* Jan. 81 55 Jan. 84 Feb. 6 43* Apr. 43* Jan. 7 Jan. 4 53* 203* 13* 33* Jan. 3* Apr. 15* Apr. 13* Apr. 43* Feb. 4 Apr. 70 Apr. 11 16 8 6 553* Jan. 23* Apr. Apr. 28 1 Apr. Apr. 28 3 Jan. 58 343* Jan. 11 4 Apr. 11 13* Apr. 11 23* Jan. 3 5 Apr. 29 73* Jan. 3 1 Apr. Highest Sale Prices Sale Prices Jan. 9 110 Apr. 14 130 62 Jan. 25 79 Feb. 28 8 Jan. 4 53* Apr. 11 16 183* Apr. 3* Apr. 13* Apr. 61 2)4 4% 5)4 Lowest Lowest Ask Ask Bid 115 Ask Bid . 132,000 Cities Service common Preferred 65,900 Preferred B 7,000 210 225 STOCKS April 29 April 1 1939 Shares 1 Jan. 3 Jan. 1 Shares RANGE SINCE JAN. Price NEW YORK CURB EXCHANGE Since In 43 EXCHANGE CURB YOBK 3 8 Mar. 10 Mar. 14 Jan. 6 Jan. 10 383* Feb. 11 63* Mar. 9 2 Mar. 7 33* Mar. 11 73* Mar. 10 83* Mar. 11 4 Jan. 6 45* Apr. 28 Jan. 4 943* Jan. 5 9 Columbia Gas & Elec Corp— 600 19,200 Commonwealth 13,800 100 675 1,625 1.000 1,600 .1,900 "53,400 3,700 2,150 1,500 450 100 4,400 5% conv preferred 136,200 Columbia Oil & Gas com 100 Columbia Pictures Corp. & Sou 1 1 4,500 Community W ater Serv... Compo Shoe Machinery— V t c ext to 1946 1 5,800 Conn Gas & Coke Security—* 25 $3 preferred * 1 6,400 Consolidated Biscuit Co 202,400 Consol Copper Mines .5 17,350 Con Gas E L & P Bait com—* 5% preferred A 100 3,330 1 10,500 Consol Gas Util com.. 5 2,950 Consol Min & Smelt Ltd 300 1,600 1,500 1,100 * 3,300 Cook Paint & Varnish Co $4 preferred 70 1,900 I7i400 Cooper Bessemer Corp $3 prior preferred 2,600 4,700 Copper Range Co 2,400 Copperweld Steel com 17,900 4,500 200 23.500 8,200 4,200 200 2% Sale 8 3 3 Sale % % 723* Mar. 10 43* Jan. 21 1 Sale 28 X* % 143* 15% Sale 26)4 )4 Sale Sale 25 15 Sale 18% 26 % 53* 63* 8)4 Sale a Sale '"% Sale" 59 3* 6 59% Sale 6 Sale 6 74)4 Sale 5 6% 74 n 65* 813* 1)4 363* Mar. 27 24 11 4 295* Mar. 6 5* Jan. 20 Apr. % Apr. 11 133* Apr. 11 Sale 14% 4 !32 Apr. 25 1 3* Apr. 153* Apr. Sale 84 9*4 8% 9)4. 7% 8 3* com.. - .* * 5 1 * — 7,700 Corroon& Reynolds $6 conv pref A 1,600 39,100 Cosden Petroleum com 5% preferred 7,180 50 Apr. 3* Apr. 72 Sale Sale 2% 3% 15* 3 3* Sale Sale 91% 1% 3% 1% 89 3* 53* 8% Sale 6* 88 % 5% 8 4 92 % 6% 9 5 3 3* Apr. 11 16 Jan. 11 30 37 Jan. 30 63* 83* 803* 1123* Mar. 22 1173* 3* Apr. 12 13* 60 463* Apr. 11 43* Apr. 45* Apr. Sale "~5% ""5k 5% Sale 53* 53* 43* Sale 3% 4% 12 '"2k 70 "J% 75 1 1)4 8)4 65* 12% 12 13% 43* 163* 3 3* 103* 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 11 28 10 10 1 Jan. 23* Apr. 1 86 90 3 Apr. 13* Apr. 12 43* Apr. 28 903* Apr. 28 17 11 14 1 Mar. 31 13* Jan. 3 Apr. 84 Jan. 11 10 7 % Mar. 23 5 Apr. 8 83* Apr. 3 523* Jan. 11 63* Apr. 83* Apr. Apr. 83* Apr. 8 Jan. 71 . 1 2% Apr. 6 Apr. 1 % Apr. 1 3 Apr. 10 89 Apr. 25 1 13 3* Apr. 3 5% Sale 3 " 24 22 12 8 86 1% Feb. Apr. % Jan. 26 Apr. 332 5 4% Apr. 17 63* Apr. 3 63* Apr. 4% Apr. 11 4 Ai 743* Apr. 13 112 8 115 Apr. 18 Apr. 114 % Apr. 12 3* Apr. 27 % % """% ~""k 51 1 Apr. 51 Sale 46% Apr. 11 46% 47% 5% 73 23 20 24 3 Apr. 6 3* Apr. 303* Apr. 28 »32 37 72 Jan. Jan. 14 Jan. Apr. 22 6 % Apr. 26 8 Apr. 24 Vis Sale % % 31 32 * Courtaulds Ltd 200 Sale 40 — "3~, 500 7,200 3* 5* — 1 200 Continental Oil of Mexico 15,000 Cone Roll & Steel Fdy com—* 9,700 25* 13 11 100 100 800 Apr. 2% Apr. Corp— Warrants 91,900 1 2,600 Commonwealths Distribut 3,475 Community P & L $6 1st pf..* Community Public Service— Common 25 12,900 7,300 Cons Retail Stores Inc com—1 170 8.% preferred 100 10 4,600 Consol Royalty Oil 23,800 Consol Steel Corp common—* 1,225 Cont'l G <te E 7% pr pref.._ 100 2,000 Sale 3)4 Sale 55 3* 45* 153* 33* 103* 53* Apr. 21 3 Apr. 1 43* Apr. 133* Apr. 28 3 23* Apr. 82 Apr. 17 1 Apr. 15 7 Apr. 29 17 Apr. Jan. Apr. Apr. 11 26 10 10 2 Feb. 3 74 Feb. 3 Feb. 24 4 3 Feb. 14 Feb. 6 Jan. 4 Jan. Mar. Jan. 3 Jan. 31 15* Feb. 1 63* Jan. 4 92 % Mar. 24 6 92 Mar. 22 93* Jan. 4 Jan. 20 553* Jan. 10 10 Jan. 4 Mar. 7 53* Jan. 9 143* Feb. 25 3 3* Mar. 15 90 Mar. 15 13* Jan. 5 63* Jan. 10 9 20 £1 1 Am dep rets for ord stk reg._ -.5 77*100 Creole Petroleum com 25,200 Crocker Wheeler Elec Mfg—* 2% Sale 92 82 % Sale Sale 43* 1% 76 2% 80 85 1 Sale 7 Sale 4 600 25,400 Croft (The) Brewing Co V.000 Crowley Milner & Co com 1 * 5 5,400 Crown Cent Petrol (Md) 4,200 Crown Cork Internat cl A 1,900 800 * 235* 7% % Sale Sale Sale 3 3)4 2% Sale 9)4 Sale 17 3^ 43* 64 23* 1% 9% Sale Sale % 3% 2 103* 193* 5 3* 1% 2 93* 203* 53* X, 2 Sale 10 43* 173* 43* 3* Apr. Apr. Apr. Apr. 2 Apr. 13* Apr. 93* Apr. 18 1 1 10 1 1 25 20 10 14 53* Apr. 203* Apr. 6 Apr. 3* Apr. 2 Apr. 2 Apr. 93* Apr. }4 Mar. 31 4 45* 173* 43* 3* 20 21 3 3 Apr. 1 Apr. 10 1 Apr. Apr. 1 Apr. 25 20 2 29 13* Apr. 10 93* Apr. 14 6 Mar. 31 Mar. 3 Jan. 3 Jan. 16 Mar. 3 3 Jan. 21 3 Feb. 17 103* Mar. 8 65* 233* 93* 3* i 5,100 19,400 Crown Drug 605 100 25c common 150 600 2,100 Cuban Tobacco 2,150 60 """250 1,200 300 6,100 600 5,800 600 210 2.500 1,000 600 200 600 1,100 2,600 1,900 12,100 4,600 2,000 5,000 * * 175 100 % Apr. 27 Sale 17 49 50 2% 49 Sale Sale 23* 523* 100 * 6 5 * * Darby Petrol Corp Davenport Hosiery Dayton Rubber Mfg 35 1 Class A Decca Records common 1 100 * * 6 % preferred ww Detroit Gray Iron Fdry 1 20 com..l Detroit Mich Stove Co 1 Detroit Paper Products 1 Detroit Gasket & Mfg Co Detroit Steel Products 7)4 14)4 16 25 7 7)4 15 Sale 27 Sale 5)4 43* 6 16 123* 25 55* 4 5* 25 2 75* 14 H \X Sale 8% 15)4 a 2 Sale 2 3* Sale 30 Sale 15* 73* 13 5* 13* 15* 15* 20 Sale 183* Sale 255* Sale 53* 53* 15 3* 175* 13 5* 25 26 43* 85* 15 Sale Sale Sale 22 23* 7 14 3* 13* 15* 13* 21 10 Apr. 163* Apr. 8 9 Apr. 6 11 8 233* Apr. 5 Apr. 11 43* Apr. 24 22 Apr. 14 1 13* Apr. 4 36 Apr. Sale 5 Sale Sale 8 Apr. 5 Sale 13 5 3* Apr. 5*6 Apr. 19 7 Apr. 19 23* Apr. 11 33* 47 Apr. 10 Sale 5 110 Apr. — * 120 De Vilbiss Co common—...10 7% preferred -.10 100 * 1,300 Diamond Shoe Corp com 5 500 Distilled Liquors Corp 20 1 * 10 t c Dejay Stores Inc common Dennison Mfg 7 % pref Derby Oil & Ref com A conv preferred 25 25 2,400 com v 7,750 Cuneo Press com 6 3* % preferred 280 Curtis Lighting Inc com Curtis Mfg Co (Mo) """450 5,900 2,300 21,000 1,950 34,450 5,600 1,270 6,200 Sale 25 Preferred 2,000 Crystal Oil Ref Corp com 6% preferred 550 1,100 1)4 Sale 85* 153* 134 13* 13* Sale 7 Apr. 21 13 3* Apr. 13* 13* 1 3* 183* 293* 8 8 Apr. 8 Apr. 8 Apr. 8 Apr. Apr. 26 5 13* Apr. % 14 17 Apr. Si 3* Apr. 26 5*6 7 83* Apr. 281 1 25* 23* Apr. 523* Apr. 29| 463* 110 5 108 Apr. 10 6 1 Apr. 6 Apr. 1 Apr. Apr. 28 6 3 Apr. 5 6 Apr. 26 3 Apr. 23* Apr. 25 36 4 Apr. Jan. 6 Apr. 19 13* Feb. 173* Feb. y2 Jan. 6 1 13 Feb. 28 10 19 Apr. 27 Jan. Apr. 10 5 6 Apr. 63* 163* 133* 253* 8 143* 13* 13* 13* 213* 293* Apr. 14 Apr. 26 Apr. 1 Apr. 1 Apr. 1 Apr. 26 Apr. 26 73* Feb. Apr. 23 3* Apr. 5 Apr. 27 43* Feb. 203* Feb. 15* Apr. 36 Apr. 63* 26 23* 36 7 17 73* Jan. 4 183* Mar. 29 173* Mar. 11 Apr. 143* Jan. 9 Jan. 43* Jan. 4 523* Apr. 29 17 110 Apr. 5 Apr. 11 Jan. 26 7 9 Apr. 13* Apr. 13* Apr. 13* Apr. 183* Apr. 153* 15* 23* 23* 31 % 24 133* Jan. Mar. 15 Jan. 3 Feb. 23 Jan. 11 Mar. 13 Apr. 4 Mar. 10 Mar. 15 Jan. 20 Jan. 4 Jan. 3 Jan. 5 1% 3 13* 23* 13* 213* Sale 83* 193* 33* 53* 213* 33* 73* 93* 103* 21 5 203* Apr. 3 3* Apr. 27 8 7 Apr. Apr. 13* Apr, 6 11 213* Apr. 13* Apr. 13 11 Jan. 295* Apr. 26 10 223* 23* 20 Mar. 14 Jan. 10 25 Mar. 22 Mar. 14 15* Mar. 17 13* Apr. Distillers Co Ltd— 400 1,400 1,000 Am dep rets ord reg £1 21,300 Divco-Twin Truck Co com—1 1 3,500 Dobeckmun Co common 500 * 25 Dominion Bridge Co 5,000 Dominion Steel & Coal B—25 10 Dominion Textile Co com—._* "l",206 """390 500 " 3,600 1,400 Draper Corp 1,500 Driver Harris Co common—10 7% preferred.. 100 1 10". 600 Dubilier Cond Corp com 975 Duke Power Co 200 400 6,700 900 13,900 5,400 2,825 1,475 475 1,900 300 475 —* 100 2,300 Durham Hosiery cl B com— 29,600 Duro-Test Corp common 2,800 Duval Texas Sulphur 57,800 14,300 15,700 9,300 1,100 4,200 1,175 1,675 For footnotes see Eagle Picher Lead Co Eastern Gas & Fuel Assoc 1 * 10 8 page 53. * „* 213* 93* 203* 3 3* 73* 12 123* 83* 4 10 83* Apr. 11 203* Apr. 5 4 Apr. 11 8 Apr. 3 103* Apr. 65"" "67k 66 k Sale 63"" "65" 62 Apr. 663* Apr. 193* 21 123* Sale 11 133* 10 Apr. 133* Apr. Sale 13* 653* 28 13* 65 5 63* 68 23* Sale 7 143* 13* Sale 243* Sale "I 1 3 3* Sale 5 Sale 33* 53* Sale 83* Sale 83* Sale 1 3* 73* 173* 173* 20 17 19 19 Sale 6 Ik 13* 64 Sale Sale Sale 12 13* 69 1 15* 13* 4 y 53* Sale Sale 8 19 Sale 3* 123* 123* Sale Sale Sale "% "Ik 103* 103* 12 12 13* Apr. 11 Apr. 11 1 1 Apr. 3 Apr. 10 1 5 Apr. 64 66 73* Apr. 1 Apr. 6 Apr. 163* Apr. 53* Apr. 3* Apr. 10 3* Apr. 103* Apr. 11 25 8 10 10 5 14 10 205* Apr. 3 3* Apr. 27 7 Apr. 8 213* Feb. 21 53* Mar. 4 93* Mar. 31 30 8 13* 6% preferred 100 4)4% prior preferred.._ .100 Eastern Malleable Iron Co..25 Eastern States Corp com * $7 preferred series A $6 preferred series B 203* 33* 30 27 11 123* Jan. 19 60 Apr. 19 73 3* Mar. 8 Apr. 8 205* Jan. 7 10 1 3 13* Apr. 4 Apr. 4 Apr, 1 43* Apr. 25 5 Apr. 1 Jan. 13* Apr. 11 64 24 72 1 1 Mar. 27 2 3 Apr. 5 Mar. 31 93* Apr. 13* Apr. 9 Apr. 193* Apr. 63* Apr. % Apr. 123* Apr. 123* Apr. 3 3 3 3 4 1 1 1 10 73* Apr, 11 1 Apr. 25 6 Apr. 163* Apr. 53* Apr. 5* Apr. 103* Apr. 10k Apr. Jan. 13* Mar. 67 Jan. Jan. 27 Jan. 83* Apr. 60 62 4 19 1 Mar. 10 Jan. 6 53* Jan. 7 7 Jan. 4 143* 13* 123* 253* Jan. Jan. Jan. Jan. 10 Jan. 1 3* Feb. 21 193* Jan. 19 193* Jan. 20 NEW 44 YORK EXCHANGE CURB AGGREGATE PRICES IN APRIL SALES In Avril NEW YORK CURB EXCHANGE Since Jan. 1 Shares , 300 2,300 5,600 226,700 6,200 1,900 10,400 11,000 550 500 Avril 1 STOCKS (Continued) Ask Par Bid 3 54 Sale 11,600 East Washing Mach class B__* 1,600 Economy Groc Stores com--.* --2 16 H 17 7,200 Edison Bros Stores Shares 3,000 , 29,800 RANGE SINCE JAN. 1 Price Jan. 3 1939 Eifeler Electric com We 5 1 141,000 Electric Bond & Share $6 preferred 39,700 —- * $5 preferred - * 13,600 24,000 Electric Power Associates-.-_1 11% Sale 1 2% Sale OlSi^s 34,100 2,700 Electric Power & Li 2d pfA Option warrants 10,100 »■» * % Ask Bid 254 254 Sale 16 16 Sale 1% Sale Sale 26 4% 66 Sale Sale 2h 56 Sale 3% Sale Sale Sale Ask 254 Sale 1% 8% 3 54 15"" "1554 ik 154 754 Sale 6554 Sale 5454 Sale 354 354, 354 354 Sale 5% 354 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 29 Bid 3% 354 354 254 Apr. 1454 Apr. 15 Apr. 154 Apr. 654 Apr. 59 Apr. 5054 Apr. 254 Apr. 254 Apr. 15 Apr. 3 Apr. 8 8 3 8 10 11 10 11 10 6 10 254 Apr. 16 Apr. 16 Apr. 154 Apr. 954 Apr. 68 Apr. 58 Apr. 354 Apr. 354 Apr. 1754 Apr. 354 Apr. 1 254 Apr. Apr. 154 Apr. 1854 Apr. 10 1 4 6 254 Apr. Apr. 154 Apr. 1854 Apr. 8 1 12 6 Apr. 18 Apr. 20 Apr. 18 Apr. 22 6954 Apr. 6854 Apr. 6654 Apr. 69 Aprl 11 11 11 1 254 Apr. 15 Apr. 8 8 3 1 Jan. 17 14% Apr. 654 Apr. 10 Apr. 11 5054 Apr. 10 254 Jan. 12 254 Jan. 10 15 Apr. 6 3 Apr. 10 59 354 Jan. 1754 Mar. 1854 Mar. Mar. 2 6 8 9 1 1254 Jan. 20 7254 Mar. 10 Feb. 65 6 354 Mar. 23 354 Mar. 23 2954 Jan. 20 55-i Jan. 5 Electric Shovel Coal Co— 200 900 2,800 100 950 600 300 75 "sf.ioo 23,500 150 9.400 100 18,300 1,100 3,300 700 700 "l",606 "8",966 320 27,200 450 1,800 $4 participating pref 1,150 3,600 Electrographic Corp com 1 1 1 9,400 Electrol Inc vtc 475 Elgin National Watch Co--_15 650 Empire Dist Elec 6% pref-_ 100 9,650 Empire G & E 7% pref 100 4,110 8% preferred -100 4,025 6% preferred 100 850 6 54 % preferred 100 650 Empire Pow Corp part stk—* 6,800 Emsco Derrick & Equip Co—5 58,500 Equity Corp common 100 $3 conv preferred 1,300 1 ^33,400 Esquire-Coronet ---1 250 Eureka Pipe Line 50 European Elec Co of Can— 4,500 Option warrants - 149,200 5,700 8,700 5,200 3,600 150 8,200 100 200 700 600 8,100 175 900 375 1 com 1 Fanny Farmer Candy com—1 Fansteel Metallurgical Corp Fedders Mfg Co common 5 Fed Compress & W'house 25 16,300 Ferro Enamel Corp com 1 200 Fiat Amer dep rets 27,900 Fidelio Brewery 1 1,860 B ire Assoc of Phila 10 93,900 Fisk Rubber Corp common. 1 2,475 6% preferred 100 7,850 Florida Power & Lt $7 pref_ _* _ _ 400 Ford Hotels Co Inc 100 18,600 Fairchild Aviation Falstaff Brewing 10 Gamewell Co $6 conv pref1,600 Gatineau Power Co com 190 5 % preferred 4,600 General Alloys Co 1,600 Sale 10 Sale 64 Sale 154 68% 68% Sale 68% 64 68% Sale 59 1X 57 61 20 50 62 62 61 61 10 65 Sale 69 63 22^4 10 % % Sale 1054 Sale 6254 6354 6154 IX Sale 23% 27 6% 7% % Sale 24% 26 5% Sale 17 18% 61 62 60 65 "~8% Sale 18 20 Sale 4% 65i 4% 18% Sale 9 1154 „ 61 1854 6% 18% 6 1554 54 6054 854 1654 954 Sale 6254 Sale 58 Sale Sale 16 7 7 10 10 Apr. 754 Apr. 1954 Apr. 554 Apr. 5 Apr. 14% Apr. 6 11 7 54 2454 654 1754 30 2.400 100 $6_preferred_-__ 12 10 Apr. 3 Apr. 1 Apr. 3 Apr. i 1 Apr. 22 754 2154 654 554 11 4 80 340 200 2,400 300 3,600 500 Jan. 52 Feb. Feb. Feb. Feb. 54 51 56 Sale 68 24 3% Sale 1% 1*A 9% I 1 700 425 """266 60 100 14,400 600 2,100 14 754 1854 654 17 54 754 1 754 Sale 654 Apr 11 Apr. 10 4 14% Apr. 23 Apr. 24 27 Apr. 11 40 Apr. 15 754 Apr. 12 Apr. 3 1654 Apr. 28 25 Apr. 1 29 Apr. 8 43 Apr. 3 8654 Apr. 20 1 Apr. 20 8754 Apr. 20 154 Apr. 1 25 17 Sale 23 2754 39 1254 13 14 1354 88 % 21 25 Sale 4154 Jan. 7 56 Jan. 4 954 754 1954 454 5 200 17 18 50 600 4,800 450 1354 Sale 2 1454 Sale 1 154 1754 Sale 1254 Sale 154 1 100 * __* 1 _* 20 * 18 1854 12 154 50 % 5I 65 45^ 1054 41* 52! 47 1 2% 75 15 Sale 1% Sale 154 Sale 67 74 Sale 15 Sale 51 47 51 154 151 6254 Sale 77 49 % 49 51 100 6% preferred A com— 1 * * ,'-* - * 500 Gilchrist Co 2,700 Godchaux Sugars class A_ Class B 4,900 140 $7 preferred 26,700 Goldfield Consol Mines 1,100 Gorham Inc class A com 0% 554 77% ~78% 7 5% 30 * 28% 8% * * 1 * 500 $3 preferred * Gorham Mfg Co— Y t c agreement extended-_* 4,500 2,100 Grand Rapids Varnish Corp.-* 19,700 Gray Manufacturing Co 10 1,675 Gt Atl & Pac Tea 1st pref. .100 12 325 1,000 5.900 11,100 102,900 200 19,000 Non-voting common stock-* 4,750 Great Northern Paper Co—25 9,300 Greenfield Tap & Die com—* Grocery Stores Prod— 40 400 100 '""466 400 2,300 400 3,300 ,2.000 200 10.700 500 100 600 200 100 400 400 ""806 5,300 Corp common 1 common _1 25 1,240 Gulf States Util $6 pref * 660 $5.50 preferred. ___-*-* Gypsum Lime & Alabastine. * 150 1,400 Common. 25c Grumman Aircraft Engineering 800 Guardian Investors 77,100 Gulf Oil Corp__-_ 4,700 Hall (C M) Lamp Co * 5 1,200 Haloid Co 350 Hamilton Bridge Co com. * 50 Hartford Electric Light 25 6,900 Hartford Rayon com vtc_--_l 1,000 Hartman Tobacco com * 10,600 Harvard Brewing Co 1 7,600 Hat Corp of Am cl B com. 1 Haverty Furniture Cos 10 Conv preferred .* 10,400 Hazeltine Cor p * 9,300 Hearn Dept Stores common._5 2,150 6% conv preferred 50 55,500 Heel a Mining Co 25c 1,700 Helena Rubenstein Inc Clciss JSl ^ 650 1,800 Heller (W E) & Co common._2 700 7% cum pref w w 25 500 7% pref ex-warrants .25 3,900 Hewitt Rubber Corp com____5 2,600 Heyden Chemical Co 10 400 Hires (Chas E) Co class A_.._* 4 300 Hoe (R) & Co class A 10 15,800 Hollinger Consol GM 5 For footnotes see 7 1454 Apr. 654 Mar. 29 17 Jan. 10 1554 Jan. 1754 Jan Jan. 24 20 10 11 12 Mar. 16 Feb. 21 22 954 56 68 1254 Jan. 26 Mar. 11 Mar. 9 Mar. 11 Feb. 17 90 73 954 Jan. 23 Jan. 23 5 23 Jan. 5 454 Mar. 1% Apr. 15 Mar. 9 5 13 25 954. Mar. 11 1854 Mar. 28 1954 Mar. 11 : 26 Mar. 27 : 29 Feb. 1754 Apr. 11 Apr. 47 Apr. % Apr. 1 8 6 10 1754 Apr. 1254 Apr. 50 Apr. 56 Apr, 4 1 5 6 34 Jan. 43 Apr. Apr. Mar. 20 83 Mar. 20 16 Mar. 13 . 1254 Jan. 16 8654 Apr. 20 1 Apr. 20 67 Apr. 11 3354 Apr. 25 54 Apr. 10 1 154 Apr. 6254 Apr. 29 8 1354 Apr. 8 4654 Apr. 7054 Apr. 3 Apr. 3 54 Apr. 10 154 Apr. 1 69 Apr. 15 1554 Apr. 21 50 Apr. 4 42 554 8654 6 89 454 86 554 88 985s Apr. 28 100 4 8 Apr. 554 3354 Apr. 20 34 8254 Apr. 11 8654 Apr. 3 Apr. 4 Apr. 20 Apr. 27 32 6% 5% 5 29% 10 97 98% % Sale 2J4 254 „ 6954 3754 7 254 9254 6 254 854 61 154 54 154 454 22 Sale 654 80 56 154 1854 554 9 54 125 127 Sale 3854 Sale 254 2254 Sale 54 % 40 Sale 102 Sale 1554 20 18J4 21 654 854 1054 Sale 126 454 32 654 4 Sale 18 354 2854 554 104 98 8 Sale 954 63 54 2154 6 Sale 126 7854 Sale Sale Sale 3654 554 2 254 4 30 554 454 654 454 2454 754 8654 27 9 9754 ,56 % 154 1554 2 17 2054 454 854 2354 128 55-8 954 12954 80 82 3354 35 5 8 354 Apr. Apr. 19 554 Apr. 10 354 Apr. 10 29 554 154 2154 Apr. 6 Apr. 10 56 Apr. 154 Apr. 1554 Apr. 11 2 54 1054 Sale 1154 67 61 54 ,54 54 154 554 1 Sale Sale ' 554 8 254 1554 58 Apr. 3 Apr. 10 554 Apr. 10 454 Apr. 21 2554 Apr. 26 754 Apr. 28 11 x5 8 5 Apr. 2154 Apr. 5 Apr. 12 554 Apr. 4 854 Apr. 954 Apr. 125 Apr. 11 12854 Apr. 81 7354 Apr. 11 Apr. 33 Apr. 12 3754 Apr. 5 Apr. 25 554 Apr. 28 4 22 20 28 3 6 4 8 18 1% Apr. 22 154 1054 4 32 54. Apr. 154 Apr. 1554 Apr. 1554 Sale 1454 1554 1454 54 54 54 54 ,54 3454 Sale 3154 33 2954 104 10554 106 10554 104 102 103 9954 102 9954 4 554 354 5 lh Sale 454 7 9454 54 254 18 354 29 2 Apr. 6 Apr. 11 1654 Apr. 3 3 Apr. 56 Apr. 24 Apr. 10 3454 Apr. 5 8 10554 Apr. Apr. 4 Apr. 25 100 Apr. 20 65 54 34 lh 454 154 Apr. 10 8 Apr. 6 154 Apr. 10 54 Apr. 4 ¥? £pr' lh Apr. 21 1 ,56 154 5 1 5 Apr. 3 8 254 Apr. 1 Apr. 28 1% Apr. 6 12 54 54 154 554 Apr. Apr. Apr. Apr. 4 1 1 5 954 354 754 854 30 Sale Sale Sale 29 Sale 3 54 Sale 454 9 Sale 954 Sale 354 754 354 654 754 Sale 4 8 Sale 75-4 Sale 3 54 4 754 8 654 754 754 Sale 38 41 35 46 56 44% 4 9 754 1454 Sale 1354 page 53. < 40 55 554 Sale 754 354 854 31 35 35 21 Apr. 254 Apr. 17 Apr. 654 Apr. 354 Apr. 654 Apr. 654 Apr. 2354 Apr. 24% Apr. 754 Apr. 30 Apr. 8 30 54 Apr. 11 »* Apr. 8 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 11 10 11 4 14 6 3 3% 654 754 2454 2454 754. '4 3 8 3 5 11 1 6 6 1 4 50 454 1454 554 Sale 14 33 10 554 Apr.. 24 1454 Apr. 27 11 3 Jan. 4 8 19 Mar. Jan. 27 5 14% 50% 54 5254 Mar. 6 Mar. 8 11 4254 Jan. 54 Jan. 52 54 Jan. 6 13 5 Jan. 30 33 54 Apr. 25 66 54 154 6254 1354 4654 Apr. 10 1 Apr. Apr. 29 8 Apr. IV4 2II 8 14 Jan. 6 37 4 96l 7954 Jan . 8 5 Jan. 13 5 Apr. 3 Jan. 9 Feb. 2 Feb. 6 80 54 Feb. 2 1754 Mar. 11 52% Jan. 18 Apr, 31 Jan. 5«4 Jan. 9554 Jan. 4 Apr. 10054 Mar. 24 654 Jan. 5 Mar. 13 Mar. 3 Jan.. 12 354 Apr. 8 78 7 Feb. 6 37 554 Apr. 354 Apr. 10 6 Mar. 21 Jan. 5 Feb. 27 Jan. 5 10 5 Jan. 3 2154 Apr. 10 33 Mar. 31 11 Feb. Jan. 19 Feb. 8 Mar. 25 Apr. 4 Apr. 8 9854 Feb. % Feb. 254 Jan. 7 8 5 28 6 9414 56 154 1.554 18 Apr. .5 Apr. 854 Apr. 124% Mar. 6954 Jan. 33 Apr. 5 Apr. 18 Jan. 5 2254 Mar. 12 754 Jan. 12 54 Feb. 4 22 12954 Feb. 87 Mar. 3 Feb. 12 39 25 754 an. 154 Apr. 22 54 Jan. 54 Mar. 20 54 Jan. 24 1 Jan. 13 4 Jan. 11 Mar. 3 6 Jan. 3 19 254 Jan. 12 4 65 154 54 154 654 23 Mar. 3 Jan. 6 Feb. 25 Mar. 14 Mar. 30 Mar. 15 Mar. 14 36 254 1654 654 3 54 554 Jan. 2254 Jan. 954 Jan. Apr. Apr. Jan. Apr. Feb. 654 Apr. 654 Apr. 23J4 Apr. 14 Jan. 12 Mar. 31 30 Apr. Mar. 22 14 10 11 3 Feb. 28 Mar. 27 21 Apr. 1354 Apr. 6 9 10254 Mar. 15 . 3' 14 21 107 54 Jan. 154 Apr. 10 854 Jan. 23 154 Apr 6 63 Jan. 17 7 9 17 20 15 21 254 Jan. 40 2954 Apr. 10354 Jan. 9554 Jan. 24 7 2254 Jan. 54 Feb. 1454 Apr. 45 354 Apr. 1354 Apr. ' 2 28 23 2954 554 8854 Jan. 8 3 1654 Jan. 65 * * * 50,400 Glen Alden Coal Co 2,500 1,150 1,800 16 Feb. 854 Jan. 2354 Mar. 854 Mar. 83 * . 1,500 Jan. Apr. Jan. Jan. Apr. 354 Jan. 13 154 Mar. 22 1054 Jan. 16 454 Apr. 154 Apr. 14 Apr. 1654 20 12 12 5 3 354 Apr. 26 5 154 Apr. 14 3 Apr. Sale 13 10 954 Jan. 23 56 Jan. 3 56 Apr. 654 Apr. 71 • Apr. 5054 Apr. 854 Apr. 16 54 Apr. 18 Apr. 4 154 14 15 11% Sale Apr. 3 354 154 1354 12 Mar. 22 17 1 3 3 3 8 1 1 454 Sale 154 2 * _ Mar. 21 Mar. 10 Jan. 9 Jan. 4 Mar. 13 Jan. 3 54 Apr. 62 Apr. 10 Apr. 80 Apr. 6154 Apr. 854 Apr. 195i Apr. 1954 Apr. 1854 1954 42 - "9,666 Mar. 20 Mar. 20 Jan. 1,210 Gen Water Gas & Elec 1,150 $3 preferred 4,150 Georgia Power $6 pref 80 $5 preferred 3,100 Gilbert (A C) Co com Preferred 1,020 125 71 71 2454 1054 54 2854 854 Gen Tire & Rubber— 710 74 2 11 1854 Apr. 1854 1854 654 1754 7% 17% £1 * * 730 Gen Outdoor Adv 6 % pref. 1,080 General Pub Serv $6 pref 900 General Rayon A stock 16,000 General Shareholdings 2,100 $6 conv pref ww 15,600 General Telephone Corp 3,400 $3 conv preferred 70 2 31 2 10 Sale Sale % a Sale 2754 Sale ;.__---* Mar. 3 Jan. 7 Jan. 3 Mar. 7 Mar. 10 Mar. 20 4 6 5 64 62 8% Sale 2254 Sale Warrants 6,400 3 54 1054 154 2154 7054 73 24 17 1954 1954 62 % 100 * American dep receipts 5.200 5,500 Gen Fireproofing com 130 General G & E $6 pref B 6,800 Gen Investment Co com 5 Jan. 154 Apr. 1854 Apr. 2154 Feb. 1 6 Apr. 10 Apr. 10 2354 Apr. 28 Apr. Apr, Apr. Apr. Apr. 61 % % Sale 23 Apr. 10 54 Apr. 10 2354 Apr. 28 554 Apr. 19 17 Apr. 13 3 56 Apr. 56 Apr. 10 654 Apr. 10 71 Apr. 11 8 5054 Apr. 8 854 Apr. 8 1634 Apr. 18 Apr. 12 % 1154 Sale 74 66 24 Sale 1154 754 2054 6.54 554 5% Sale 6 15 1154 754 1954 554 554 10% Sale 7% Sale 20% 21% 1054 Sale 754 Sale 21 23 6 General Elec Co of Great Brit 1,700 1,000 154 Jan. 10 54 Jan. !8* 40 - 10 53 6454 67 66 62 6854 2254 2654 7 Sale 35% Sale _ - 10 65 * 36,100 Ford Motor of Canada cl A--* Class B— * 1,425 Ford Motor Co Ltd, Amer dep rets 28,000 Ord reg £1 700 Ford of France Am dep rets— 1,950 Fox (Peter) Brewing Co--; 5 Froedtert Grain & Malting Common1 5,200 Partic conv preferred-4,700 15 1 33,100 Fruehauf Trailer Co 1,375 Fuller (Geo A) Co com 1 3,225 $3 conv stock _* 1,175 $3 conv preferred * 20 19 m 1 3 17 4 4 Feb. 21 754 Jan. 12 954 Jan. 9 26% Jan. 19 2654 Jan. 20 Jan. 10 5 4154 Feb. 21 Feb. 28 50 Jan. 20 Mar. 11 ii* MAY, 1939] NEW AGGREGATE SALES Since CURB Avtil Shares «. — «• 600 650 Hormel (Geo A) & Co com—* 200 Horn (A C) Co common .* 5,325 Horn & Hardart common._._* 70 5% preferred 100 100 1,100 30 100 11,900 1,600 100 750 Hubbell (Harvey) Inc 56,800 Humble Oil & Refining 12,800 Hummel-Ross FiDre Corp 600 Hussman-Ligonier Co 900 400 «■ 200 2,700 10,300 1,950 3,300 200 1,700 5,700 3,400 13,400 Illinois Iowa Power Co 41,600 5% conv preferred 29,000 Div arrear ctfs. 25 Illuminating Shares Co 400 12,800 2,300 700 1,000 700 * * 50 A 150 100 8% 7% 3 % 3 37 % 9% 7% 2% Sale Sale 9 • 11 13 % 6% 5% % 8 9 4% 4 Sale 2 23% Sale 12 57% Sale .3% 12 «B *YA Sale 26% 2% 17% 3% Highest Lowest Haghest Sale Prices Sale Prices Sale Prices 9% Apr. 3% i3o* 8% 4 3% 1% Lowest Sale Prices Sale Sale Sale 1 11% Apr. 28 6 4% 23% 2% 34% 108% 9% 53 3% 9% Vis 5% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 24 2% 37% 11110 % 18 9% 8 60% 3 3% 12 9% 19 Apr. 8 Apr. 13 Apr. 5 Apr. 24 Apr. 18 Apr. 26 Apr. 11 Apr. 12 Apr. 5 Apr. 25 A 3 9% 3% 1% 16% Sale 16% 17 15% 15% 29% 31 6% Sale 4 22 24 Apr. 20 1% Apr. 10 20 Apr. 10 2% 15% 3% 2% 16 3% 2% Apr. 28 14% Apr. 11 3% Apr. 11 4 Apr. 20 1% Apr. 1 23 Apr. 28 3 Apr. 17% Apr. 4 Apr. 103% 7 5% Apr. 10 14% Apr. 10 16% 15% Apr. 14 16% 15 16 15 16% Apr. 11 15% 29% 31% 28% 29% 28 Apr. 25 29% 6 6% 6% Apr. 20 6% x 6 6% 1 7 6% Apr. 6% Sale '8 8 Sale 5% Apr. 19 100% Apr. 12 102% 102% Sale 101% 103 Sale 16 15% 16% 15% 15% 9% Apr. 1 3 1 15% 15% Sale 3 Apr. 3 Apr. 5 Apr. Apr. 21 Apr. 17 4 Apr. 4 Apr. 1 Apr. 1 Apr. 1 12HJan. 11% 23% 2% 34% 108% 9% 20 Jan. Apr. Apr. Apr. Apr. Apr. Apr. Mar. Apr. Apr. Mar Jan. Apr. Apr. Apr. 2% 14% 3% 54% Apr. 28 Apr. 11 Mar. 31 Mar. 8 53 3% 9% A 5% 8% 4 1% 5 11 13 5 Mar. 17 Mar. 17 8 8% Sale 55% 3% 9% % 5% 23 24 3% Sale 18% Sale 5 % Sale 10% 7% 3% 108% 69% Sale 3% 3% Ask * Imperial Chem Indus Ltd— Am dep rets ord reg £1 Imperial Oil (Canada) * Registered * Imperial Tobacco Co of Can..5 Imp Tob of Gt Brit & Irel__£l Indiana Pipe Line 10 260 Indiana Serv Corp 6% pref. 100 540 7% preferred 100 1,500 Ind'polis P&L6}^% pf—100 1,200 34,400 4,600 3,200 4,400 3.400 60 12 Ask Bid Bid 5 5 * tHuyler's of Del common 1 7% preferred stamped—100 7% pref unstamped 100 Hydro-Elec Secur common,— * Hygrade Food Prod 5 HygradeSylvaniaCorp * 1,300 3,900 800 Ask 12% Bid April 29 April 1 1939 STOCKS (Continued) Par 3,200 Holophaiie Co Inc common-.* 200 Holt (H) & Co class A —* 225 Border's Inc * 900 1 Jan. 3 EXCHANGE Jan. 1 Shares — RANGE SINCE JAN. PRICES IN APRIL Price NEW YORK In 45 EXCHANGE CURB YORK Jan. 21 24% Jan. 23 12 Mar. 22 3 7 39% Jan. 1 110% Mar. 17 11 19 31 18 20 10 10 5% Apr. 10 14% Apr. 10 15% Apr. 14 15 Apr. 11 Feb. 16 69% Jan. 18 31 12 3 12 if* A Mar. 13 Jan. 5 18 Jan. 17 Jan. 9 Jan. 18 4% Mar. 14 9 2% Jan. 29% Mar. 16 4% Jan. Feb. 25 6% Feb. 54% Mar. 17 6 6 8 7% Feb. 16 Feb. 8 17 16% Mar. 15 16% Feb. 17 Apr. 25 32 7 Apr. 20 1 10% 6% Apr. 12% 5% Apr. 19 100% Apr. 12 108 28 Feb. xQ Jan. Jan. Jan. Jan. 23 5 5 5 21 Indian Terr Ilium Oil Co—• 500 1,200 400 900 75 Non-voting class A new—.1 Class B stock new 1 405 800 Industrial Finance vtyc 1,350 1,200 4,600 «. - - - -. — 4,000 14,100 20,300 7% preferred 16,800 Insur Co of North Amer 10 6,200 Internat Cigar Machinery * 24,500 Int Hydro-Elec $3.50 pref—50 1,900 "A" stock pur warrants 26,700 Internat Industries —1 25 Internat Metal Indus cl A * 57,500 Internat Paper & Pow warr — 78,700 Internat Petroleum com * 700 4,800 1,600 800 50 300 1,000 1,250 4,800 New 12,900 10,300 1,200 2,645 5,600 7,850 30,100 600 International Vitamin 1 Interstate Home Equip com._l Interstate Hosiery Mills *> Interstate Power $7 pref * 5,000 25 1,180 190 450 120 500 3.200 660 50 "~205 13% Sale 2% Sale 2 25% Sale Sale A 7 ' H 8 % 8% 31% % 2% 8*' Sale si 2% Sale 2 8 9 A Sale 11* 14* 13 33% 37 14 24% Sale 24% 25% 2% 3 32 10 34 1 3% 5% Sale 5% 1 * Sale 3 4% 11% Sale 8% Apr. 59 Apr. 20% Apr. 12 Apr. 13 2% Apr. 8 8 14 10 1% 22% 24% 2% 6 Apr. Apr. 11 Apr. 26 Apr. 10 % 6% % 11% Apr. 10 8 Apr. Apr. 13 Apr. 11 Apr. 28 34 37 4% Sale 1% Sale 67% 68% 2,400 5,600 230 70,300 21,700 >._1 90 3 it* ii* 15% Sale % Sale 3% 1% 79 Sale Sale 1% Sale 1% Sale 92 94% Sale 37" Sale" % 51 20% 8% Apr. 13 3 Apr. 22% Apr. 24 16 Apr. 15 65 2% Apr. 2% Apr. 25% Apr. Apr. 2% Apr. 25 3 3 3 1 1 3 % Apr. 8 5 Apr. 3 % Apr. 13 Apr. 29 34 Apr. 28 4 9% 7% 1 J* 8% 8% Sale Sale 1% 12% 8% Sale 11% 55 12 11% 69 74 60 Sale 40 12 11% 5% Sale 11% 4% 11 77 Apr. 13 84 6 Apr. 92% Apr. 14 17 Apr. 10 24 Apr. 28 % 4 - - Apr. 25 50% Sale Apr. Apr. 15 11 1% Apr. 10 79% 69 58 50 59% Apr. 28 200 44,600 26,000 5,500 8,700 18,600 4,000 200 m 900 M 400 * Class B efcourt Realty com Convertible preferred 700 13,700 12,500 1,200 1,900 7,200 «» 3 Sale 11% 4% 12% 4% Sale 36% 2% Sale Sale 40% 2% 41% 2% 10% 700 o (Thos J) class A preferred irothers 1,200 200 20,100 100 8 1 * 9 Apr. 20 Apr. 13 Apr. 20 8 Apr. Apr. 12 Apr. 26 12 1 25 14 1% 9% 10% 3% Sale % Sale 31% Sale 7 16 78 2% Apr. 4% Apr. 400 1,700 3 80 Sale" 13% Sale A Sale 27 24% 11% Sale 16 Sale 12% "l% "2% mm — m> mm mm 13% 500 20 11 Feb. 25 10* _ 11 13 2% Apr. 10 1% Apr. 11 100 100 25% A Sale 8% Sale 1 Sale 1 27% Sale Sale 22% Sale 1% 1% 5% Sale :10 % % 32% "33% A 7% % 26 29 27 26 23 24 21 1% Sale 5% Sale % A A Sale Sale 29 30 1% Sale % % 1% 2 Mar. 8 3 4% Jan. 2% Feb. 67% Jan. 19% 21 19% 20% 5% 6 6% 6% 3 25 95 86% Jan. 17 Apr. 10 22% Mar. 27 8 9 92 78 Jan. 3 28 Apr. 29 Apr. 29 7 99% Mar 39 Jan. 4 26 Jan. 30 17 4 Apr. 1 6% 9 5% Apr. 11 105 Feb. 1 107% % % Apr. 4 % Apr. 4 78 Apr. Apr. 1% Apr 2% Apr. 1% Apr. 12 Apr. 8% Apr. 28 56 Jan. 55 25 38 Jan. 12 9 1 5 13 11 3 Apr. 25 Apr. 26 61% Apr. 29 12 12 11 5 6 1 21 13 15 8 6 11 10 8 8 12 1% 4% 89% % 3 Apr. Apr. 26 8 Apr. Apr. 27 8 Apr. 8 Apr. 6 Apr. Apr. 10 Apr. 25 5 Apr. 25% 1% 23% Apr. ,11 27 2 20 10 Jan. Mar. Feb. Jan. 16 9 28 13 79 Mar. 13 58 8 5 Feb. 24 Mar. 7 Mar. 6 Apr. 3 Mar. 3 Jan. 11 Mar. 2% 3% 1% 13% 8% 15% Apr. Apr. 12 3 44% Apr. 15 41% Apr. 28 1 2% Apr. 25 Apr. 21 Apr. 21 Apr. 13 Apr. 15 1 Apr. 1 Apr. Apr. 13 1 Apr. 17 3 Apr. 12% Apr. 18 1% Apr. 2% Apr. 1% Jan. 11% Apr. 7%Apr. 9% Apr. 9 Apr. 10 20 16 20 8 26 10 54 Feb. 16 73 Jan. Mar. 31 45 11% Jan. 23 4% Apr. 11 12 Mar. 31 Jan. 18 41% Apr. 6 32% Mar. 31 2 Apr. 8 57 Jan. 19 51 % Mar. 12 10% Apr. 27 15% Apr. 21 9% Apr. 21 Apr. 13 A Feb. 28 2 Apr. 8 Feb. 7 Jan. Jan. 50% Jan. 15% 9% *A 8% 3% 27 13 3 Jan. 3 Mar. 14 Jan. Jan. 1% Apr. 28 8* Feb. 23 Feb. 5 1% Apr. 12 1% Apr. 10 14 5 30 1% Apr. 25 Apr. 19 22 19% Apr. 5 6% Apr. 17 1% 2 8 7 Feb. 324 Jan. 16 Apr. 21 Apr. 21 Apr. 11 Apr. 10 8 12% Apr. 11% Mar. 2 8 - 10 3% Mar. 13 65 Feb. 6 11% Apr. 25 9 22* Jan. Jan. 20 3 1% Feb. 17 17 6 Jan. Jan. 9 9 Jan. 24 Jan. 22 11% Apr. 27 27% Apr. 13 9 Apr. 28 3 1% Apr. 29 3 Apr. 24 3 Apr. 3 1% Apr. 3 6% Apr. 90 Apr. 25 5 % Apr. Apr. 3 22% Apr. 26 7% Apr. 8 Apr. 27 13% 36% 9% 1% Mar. 9 Feb. 24 26 Jan. 6 35 Mar. 11 19% 1% 4% 89% Jan. 3 30 Mar. 11 Apr. 6 Apr. 10 Apr. 25 98 i* Feb. 20 28% Apr. 23 M Apr. 11 % Jan. % Jan. 23 3 2 6 10 Apr. 24 1% Apr. 25 Apr. 1% Apr. 14 Jan. 19 Jan. 4 1% Jan. 7% Jan. Mar. 17 % % 25 30 2% 34% 6 19% Mar. 21% Jan. A Mar. 20 11% Apr. Sale 25% 20% Sale 31 8 14% Mar. 23 7% Feb. 28 29 15% 9% % 7% 3% *A 27% 11% 22% 8 Sale 27 1% * Jan. 4% Feb. 5% Jan. 29 Apr. Apr. Apr. 22% Apr. 24 Apr. 21 Sale Sale Sale 7% preferred 6 3 15% 38% Mar. 14 95 27 10 pref. conv 3 Jan. 92 10% Apr. '11% 10% Sale 1% 7% preferred 6% preferred series B Mar. Mar. 99 8 1% Apr. 1% 9 Mar. A Feb. 31 5 2 9 1% Mar. 13 Jan. 4 34 2% Mar. 9 % Mar. 3 1% Feb. 16 25 Mar. 18 19 Feb. 17 20% Mar. 17 5% Feb. 2 6% Mar. 30 31 Mar. 11 . 1,400 100 Jan. 3% Jan. 22 12% 13 36% Sale 200 m 27 22 20% 11% 40,900 1,900 1,200 ""205 2% Apr. 4% Apr. Apr. 21 13 29 14 26 6 23 4 3 23 3 500 500 Apr. 28 34 3% Apr. 1 % Apr. 1 * 4,400 10,200 Glass B 2,300 975 700 24 14% Apr. A Apr. 41% Apr. 36 Apr. 2 Apr. Apr. Apr. Apr. Apr. 2 Apr. % Apr. 22 Apr. 8 Apr. 12% Apr. 12 Apr. 1 * com 200 550 Jan. Jan. Mar. Mar. Mar. Jan. Jan. Mar. Jan. Jan. 24 5,300 642,900 45,700 33,700 3,075 5,125 3,900 50,300 1,500 106,400 12,200 8,500 11 15 1 225 • % Mar. 9 6% Apr. 8 % Apr. 13 10 68% 24% 21% % 4% 5% 4% 27% 45 2% 1% 11% 7% 9% Class A 25 300 Apr. 6 Apr. 11 Apr. 26 Apr. 10 1 15% 9% % 7% 43 25 Mar. 23 4 4 % 1% 1% 2% Sale 1% 1% 11% 12% 7% 8% 11% Sale 6% 11% 300 25 5% 1% 22% 24% 2% 5 18 4 40 12% 5 17 Mar. 31 2 Apr. Apr. % Apr. 4%i%: 16 1 4% Apr. 7% Apr. Apr. 5% Apr. 61% Sale 65 41 10 1 17 13 8 14 10 14 19 10% Apr. 8 3% Apr. 10 % Jan. 11 13 2% Apr. 1% Apr. 3% Apr. 4% Apr. 12% Apr. .100 — 8% Apr. Apr. 20% Apr. 12 Apr. A Mar. 59 1% Apr. 24 1% Apr. 25 % Mar. 22 112% Mar. 22 116% Feb. 4% 7% 75 55 76 7% 10% 6% 14% 21 7% 1% 2% 1% 52 12% 19 % 72 3% Sale Sale % 43 Sale Apr. 14 Apr. 19 8 Apr. Apr. 10 4 Apr. 15 6 Apr. 14% Apr. 11 116% 125 113% 116 6 55 40% 2% 3% Sale 2% 4% 10% 3% % A Apr. 99 350 14,600 4,700 2% 16* 1.& i0 com Sale 13% Sale 4 % 1,100 300 % Mar. 11 % Mar. 31 1% Apr. 24 1% Apr. 25 1JaFeb. % Koppers Co— 6% preferred 100 Kresge Dept. Stores— 4% conv 1st preferred 100 __ress (S H) & Co spec pref..10 Kreuger Brewing Co 1 975 14 25 27% 3% 1 * 300 Kobaeker Stores Inc 75 Sale 10% $» as 26% 3% % 18 Sale 20,300 10,900 Kirby Petroleum 22,000 Kirkland Lake G M Ltd 1,000 Klein (D Emil) Co common..* 1,300 Kleinert (I B) Rubber 10 15,000 Knott Corp common 1 200 22 S15: 22 Jan. 8% Sale 23% 27% Sale % 17% Kennedy's Inc 250 300 4% 1 1% 1% Sale 64% 2% 5% 8% 1,400 500 Sale Sale 113% 500 4,400 1,600 23% 18% 5 Ken Rad Tube & Lamp cl A__* Kimberly-Olark 6% pref 100 Kipgsbury Breweries com 1 Kings County Lighting— 7 % preferred series B 100 5% preferred series D-...100 Kingston Products ^ 8~906 7,500 "66% Sale" 60 Kansas G & E 7% pref 100 Keith (Geo E) Co 7% pref.100 "f.ioo H>8 8 21% Jersey Central Pow & Lt Co—• 5 %% preferred 100 6% preferred 100 7% preferred 100 Jones & Laughlin com 100 Julian & Kokenge com 350 " % Investors Royalty Co 1 Iron Fireman Mfg com v t c__* 4,950 1,370 1,170 20,300 860 'iSal* 1% A 1% — 58,200 Jacobs (PL) Co 5,800 .Teanette Glass Co 13,900 420 warrants Irving Air Chute common 4,700 Italian Superpower clA 3,800 2,625 * 1% 1 — 450 175 common 1,400 Internat Safety Razor cl B—* 2,300 Internat Util class A * 10,100 Class B 1 1,600 $1.75 preferred * 800 $3.50 prior preferred... * 2,200 300 * Registered 7,200 Internat Products 600 1,900 2,300 1 100 1 20 Apr. 5 6% Apr. 17 • , See footnotes Communication Am see page 53. dep ret. 5% 6% NEW 46 YORK EXCHANGE CURB AGGREGATE SALES PRICES IN APRIL NEW YORK In April Shares 700 600 600 2,700 900 200 Since Jan. 1 RANGE SINCE JAN. 1 Price CURB EXCHANGE Jan. 3 1939 Ask Bid Bid Lowest Avril 29 April 1 Ask STOCKS (Continued) Par Bid 16 19 1,100 Margay Oil * * 4* Sale 4,600 Marion Steam Shovel com 1 2 1,200 Mass Util Associates v t c 2* 6* 7,300 Massey Harris Co common—* 7% Master Electric Co-1 17% Sale 5,300 May Hosiery Mills— 350 $4 preferred * Shares Ask Sale 15 2* 2* 4* Lowest Highest Prices Sale Prices 16 Apr. 4 17* 2* 3% 2* 2* 4* Sale 15 Sale * 15* 2* 2* A* 16 16 3* 2* Sale Apr. Apr Apr. Apr. 14* Apr. 13 4 8 13 3* Apr. 17 2* Apr. 26 4* Apr. 3 16 Apr. 29 54* Apr . 16 17 54* Apr. 17 6 Highest Sale Prices 15 Sale Prices 17 Mar. 2 Apr. 13 2* Apr. 6 2 Feb. 4 4* Feb. 8 14* Apr. 13 7 18 53* Feb. , 54* Apr. 17 3 Jan. 7 Feb. 28 Jan. 5 Jan. 4 5 2 McColl-Frontenac Oil Ltd-100 "2",300 3,700 725 2,300 10 250 200 225 5,000 350 11",600 200 100 25 "3",800 McCord Radiator & 2 Sale Mfg B-_* 16* 17 12,800 McWilliams Dredging com—* 3,675 Mead Johnson & Co com---.* 130 % 133 12,000 Memphis Nat Gas com----—5 3% Sale --* 1,795 Memphis P & L $7 pref —* 16" "17% 1,900 Mercantile Stores Co 5,800 1,150 34,800 1,725 1,600 42,900 1,200 Merchants & Mfrs class A 1 Participating preferred - - _ - * Scott * 6*% A preferred 100 Common stock pur warr'ts Merritt Chapman & Mesabi Iron- 1 Metal Textile Corp com 25c Participating preferred- .-15 Metropolitan Edison Co— 50 $6 preferred 1,400 Mexico-Ohio Oil Co 1 17,000 Michigan Bumper Corp 31,600 Michigan Gas & Oil Corp 1 2.50 1,900 Mich Steel Tube Prod * 1,300 Michigan Sugar common Preferred --10 2,100 160 4% Apr. 9 Apr. 10* Sale 130 127 133 128 133 Apr. 3* Apr. 3* Sale' 3* 3* 93 95 94 96* 93* Apr. 14 Apr. 15* 16* 14* 16* 1% 5% 4* 3 * 4% Sale 64 62 Sale % Sale 1% 30H 38 Sale 1* 10* 1* 10 4* 4 Sale 4* 3* Sale Sale a1™ 3^ 32* 4,300 400 600 700 300 * Apr. Apr. 8 1* Apr. 1 10 1154 Apr. 3 3 136* Apr. 6 8 3* Apr. 1 Apr. 20 11 96 19 15 Apr. 6 10 4 21 27 11 4 14 63 6 „ 11 Apr. 10 4 Apr. 4 Apr. 4 Apr. * Apr. Apr. 12 33 93 * Apr. 93* Apr. 8 13 1* Apr. 25 32* Apr. 25 35 ... 8 1 9 5* 1 6* 5* * * 3* Sale -sB Class A vot trust ctfs—-—* 21,500 Class B vot trust ctfs * 19,600 33,300 Middle West Corp common.-5 Midland Oil Corp—» 800 $2 convpref * »: 1 13 11 * Apr. 11 2* Apr. 11 3 * Apr. 1 1* Apr. 6 Apr. 13 «B15: 3* Apr. Apr. 3* Apr. 58 Apr. * Jan. %Jan. 1 Apr. 32* Apr. 25 93* Apr. 5 3* 11 25 3 35 Jan. 6 8 95 Feb. 20 4 7 2* Apr. 8 3* Apr. 24 Mar. 20 % Feb. 28 11 7 15 2* 1 17 21 3 3* Apr. 27 * Apr. 8 5* Apr. 10 2* Apr. 6 9 7 1 Feb. 6* Apr. 10 7$ 15: 5l 5* Jan. Mar. 5* Apr. 6 4 6* Jan. 77 Jan. * Jan. % Mar. 1* Mar. 2* Jan. 4* Apr. 20 * Sale 6* 10 21 11 14 29 3* Apr. 24 8 * Apr. 4 Jan. 28 149 Mar. 10 4 Feb. 8 3* Jan. 30 86 Feb. 10 98* Mar. 4 14 Apr. 19 20* Feb. 20 25 3H a$y* 4* % Sale 6* 6* 3* 3* 1* 6 2* Jan. 17 Jan. * Jan. * Apr. Sale Apr. 8 Apr. 10 125 * % Sale 1 Middle States Petroleum— 3,200 7,100 4,300 3* Apr. 58 Apr. 1 -— "7",800 3* Apr. 25 Apr. 9A Sale % Sale 1 1 8 28 9 * Feb. 16 * Jan. 4 2* Jan. 4 8 Jan. 9 * Jan. 9 3* Apr. 29 5* Mar. 8 Mar. 21 1 8* Feb. 6 3* Feb. 24 Midland Steel Products— 100 475 1,000 5,600 """256 4,800 10 230 "4",300 9,000 400 4,000 400 100 870 600 250 700 500 22,300 6,600 $2 non-cum div shares * 1,600 * 4,725 Midvale Co -50c 1,900 Mid-West Abrasive Co 10 16,900 Midwest Oil Co 200 Midwest Piping & Supply Co.* 700 Mining Corp of Can * * 17,800 Minnesota Min & Mfg Co 40 Minnesota P & 13,000 Mock Judson Voehringer_.2.50 1 Molybdenum Corp Sale 14 Sale 1 12* Sale 8* 2 Sale Sale 9* 2 1* 44* 40* 3 14 12 14* 97* 100 * 1* 7* Sale 10 12 1* Sale 20 1 2 1 1% 600 Montana Dakota Utilities 10 7% A pref 100 2,200 JMoore (Tom) Distillery Co—1 600 Mtge Bank or Col Am Shs__ 5c 84,450 Mountain City Copper Co 10 18,800 Mountain Producers Corp 200 tMountain States Pow com__* * 5,000 Murray Ohio Mfg Co 2.50 6,400 Muskegon Piston Ring Muskogee Co common.—-—* 16 6% preferred— -.100 3* Sale 20 22* Sale Sale 1* 28* 38* 2% 6% 1* 4* 200 4,600 5,000 700 500 3,700 7,600 800 1,400 1,675 300 6,300 ""300 175 2,700 25 800 7,500 4,900 1,900 """70 1,900 * 300 Nachman Springfilled Corp 14,100 Nat Automative Fibres com. _1 1 33,000 Nat Bellas Hess com National Breweries com * """loo National Candy Co com.----* 1 4,900 National City Lines com 500 400 25 1,875 75 130 1,100 2,300 6,650 10,400 5,600 "'"600 700 800 1,000 150 360 600 """250 48,600 1,150 100 900 2,500 4,900 10", 400 200 2,000 50 (Del). .—1 —.* Nat Manufacture & Stores * National Oil Products 4 National Fuel Gas National Power & Light— $6 preferred —-* National Refining com * Nat Rubber Mach com— * National Service Co.. 1 16,125 2,000 21,700 2,200 Oonv partic preferred * 1,400 7,800 National Steel Car Ltd...—* National Sugar Refg—..—* 10,500 350 National Tea Co 5* % pref-10 12.50 6,600 National Transit * 18,200 National Tunnel & Mines 31,000 National Union Radio com—.1 * 6,300 Navarro Oil Co.900 f Nebel (Oscar) Co com * 550 Nebraska Power 7% pref. .100 9,000 Nehi Corp common* 10 ""866 $3 con v preferred National Container 1st preferred 1* 41 * 80 115 IB 6* 30* Sale 24* 27 29* Apr. 19 4 24* Apr. 6 9* Sale 11 7* 11* 12 Sale 11* 3* Apr. 4* Apr. 122* Apr. 8 6* Apr. 12* 9* Apr. 7 11* 8 8 12 5* 5* * 8* * Sale 12 70* 7* Sale rA Sale 42 11 41 13 35* 40 7 6* 12* Sale 3* Sale 30 33* 12* Sale 3* 4 Sale 31 12* Apr. 6 3 Apr. Apr. 24 3 Apr. Apr. 18 Apr. 24 3 Apr. 3 30* Apr. 1 27* Apr. * 5* 4* 5* 6 124 11 8 11 81 "3 1*1 48 60 12* Sale 53 11* Sale 1 Apr. Apr. 10 3 Apr. 3 Apr. Apr. Apr. 4 3 11* Apr. 28 1 Sale 103 45* 7* 1* 8* Sal* m* 111* 44* 1 1* . 13* 111 14* 112 45 42 7 11 6* Apr. 3 Apr. 11* Apr. 11 3 Apr. 11 28* Apr. 11 69 Apr. 11 3* Apr. 2* Apr. 1 10 11 42 5* 12* 3* 32* Apr. 1 Apr. 6 Apr. Apr. 11 1 Apr. 8 Apr. 1 Apr. 81* Apr. 26 1 3* Apr. 3 3* Apr. 5* Sale 5* 3* 4* * Sale * 5 4 £pr* Apr. 10 Apr. 10 14 10* Apr. 5 Apr. 7* Apr. 1* Apr. * Apr. 12 Apr. 10 6 46* Apr. 12 3 Apr. 1 5 Apr. 8 Apr. 26 1 1* Apr. 1* Apr. 27 1354 Apr. 27 1 10 11 10 11 111* Apr. 27 3 44* Apr. 110* Apr. 39* Apr. 6 4 * 4* 4* * * 2* Apr. 12 4 Apr. 22 * Apr. 11 4* Apr. 28 8 4* Apr. * Apr. 11 12 Sale 61* 21* 108* 18* Sale 1% Sale 26 i8* _ Sale 4* 18B 69H Sale Sale Sale Sale Sale 27 23 1* £8 7* 8* 23* 110 107 Sale Sale Sale 2* 18* 26 8* 55 59* Sale 17* 20* 18 104 105 108 4* Sale 4* 11* 11* 10* 49* 50* 4651 1* 1* 1* 59* 62 57* 23 29 1* 175l 24 8 Sale Sale 109 7* 3* 19* 951 451 Sale 65l Sale 13* Sale 3* 4 §" Sale 81 82 8 3* 8 12 Apr. Apr. 10 62 Apr. 14 18* 8 107 Apr. 5 Apr. 14 1 Apr. 12* 8 54 Apr. 1 Apr. 1* 8 70* Apr. „ 1* Sale 1* Apr. 15 Apr. 25 23* Apr. 8* 7* Apr. 99 Apr. 109 Apr. 10 6 Apr. "6* Sale" Sale 5* 61 Sale Sale 51 7* 1* Sale 8* .. Sale For footnotes see page 53. I m 4* 1* Apr. 10 19* Apr. 26* Apr. 8 xS Apr. 12 100* Apr. 1 109* Apr. 25 8 12 Apr. 1* Jan. 12 50* Mar. 15 Jan. 1* 4* 50* Sale 6* 8 1* 1* Mar. Mar. 14 1 Mar. 4 90 44% Feb. 28 9* Apr. Mar. Apr. Apr. Mar. Jan. 152 Apr. 29* Jan. 24* Apr. 5* Jan. 23 9* Apr. 11 Mar. 17 9 Apr. 11 1815: 3* Apr. 18 10 8 41* Apr. 10 6* Apr. 20 1* Apr. 1 19* Apr. 7* Apr. 82 Apr. 74 Apr. i&15: 5 54 7 Apr. Apr. Apr. 1* Apr. 1 Jan. 18 Mar. 8 Mar. 21 Mar. 4 Mar. 11 Jan. 9 Jan. Jan. Jan. 16 7 5 Mar. 9 Mar. 27 Mar. 11 Mar. 9 14* Mar. 10 69 Mar. 17 Jan. Jan. Jan. Apr. 19 5 Apr. 11 * Feb. 25 7 9* Feb. 10 10 Jan. 26 33* Jan. 23 5* Apr. 26 11 * Apr. 11 3 Apr. 11 28* Apr. 11 5 Mar. 3* 2* 6* 166* 31* 28* Apr. 10 * 5* 5* Apr. 6 3* Apr. 10 6* 4% Jan. 5 5* * * Mar. 27 122* Apr. 6 130 10 654 Apr. 11 25 20 3 9* Feb. 10 12* Mar. 13 43 Jan. 31 6* Feb. 24 13* Mar. 10 6 Jan. 20 8 40 Mar. 85! 5} Apr. 3* Apr. 2* Apr. 69 Mar. li Jan. 60 Jan. Jan. Jan. Jan* 13 Mar. 2 5J 1 * Apr. 45 Apr. 10* Apr. 4* Jan. 7* Jan. i* Apr. * Apr. 12 Apr. * Mar. 102 2 115* Feb. 3* 14* 1% 1* 5* , 1 1 - 5* Mar. 8 1 15 ill! Jan. - Feb. 2! Jan. I1 Jan. l: Feb. 2' Jan. 1 2 39* Apr. 78* Jan. 2* Apr. 4 Apr. * Jan. 3* Mar. m Apr. 2' Feb. 2 Jan. 1 5* 5* * 3* 40 Jan. ! 12 15 Mar. 1 55 72* Mar. Apr. 1Mar. : Jan. Apr. Apr. 104 Apr. 4* Apr. 10* Apr. 4654 Apr. 1* Jan. 57* Apr. 25 Mar. 18 99 8 Mar. Jan. Jan. Jan. Jan. 8 Jan. 9 Apr. 8 Apr. 8 Apr. 20 Apr. 27 \ li 21 Jan. 13* 4* 22* 9* 91* Jan. 4 Jan. 1 Feb. 8 Mar. 10 Mar. 15 82 10 Apr. 8 2 Jan. 3 % Feb. Mar. 25 1» Apr. Mar. ; ; 2; 2' Feb. 21 Mar, 1 Mar. 1*103* Mar. 1 110 Jan. I Apr. 8?* tf 80 27 2 26 27 9 6 66 Jan. 14 Apr. Jan. t77$ Mar. 2 Mar. 2i 62 107 16 Mar. 2: Feb. 1 ii!* 1* Apr. 15 Apr. 23* Jan. x7% Jan. 4 8 Apr. 8 5* Apr. x77% Apr. 20 66 Apr. 27 16 - 4 Sale 2* 12 4* " Sale 1* Sale 451 Sale 8 Apr. 1 Apr. Apr. 14 4 Apr. 3 Apr. Apr. 28 Apr. 18 1 Apr. 3 Apr. 4 Mar. 36* Feb. 75 $2 preferred * 400 New Engl Tel & Tel Co—-100 3,400 New Haven Clock Co com.—* * 8,700 New Idea Inc common 25 19,400 New Jersey Zinc 1 16,000 New Mexico & Ariz Land 10 16,900 Newmont Mining Corp .* 500 New Process Co common * 1,200 N Y Auction Co common 11 14 * Jan. 45 50 12 7* Sale 13 41M 48 45* 11* 19 Apr. 11 Apr. 10 5* Apr. 26 * * Sale 5 "~7* Sale" 13* Sale "3* iB 58* 2* 1* 14* 5* 12* 3* 32* 11* 2* 31* Sale 3 40 5 Apr. 5 Apr. * Apr. 7 10 40 11 9* 39 75* Sale 3* Sale 73* 1/ 1/1 6* 9 5* 6 * Sale 5* Sale Sale 825 New England Pow Assn com.* 6% preferred 100 Class B warrants 6,600 19,500 Niagara Share Corp class B..5 Class A preferred.. 100 100 * 35,700 Niles-Bement-Pond com. 300 Nineteen Hundred Corp B 1 14.400 Nipissing Mines........ 5 Apr. 69 12,025 6,600 N Y City Omnibus warrants10 4,300 N Y & Hond Rosario M 4,900 N,Y Merchandise Co com-.10 660 N Y Pr & Lt $6 pref * 7% preferred -100 1,090 N Y Shipbuilding Co— Founders shares...... 1 4,500 5 12,000 New York Transit-. 870 N Y Water Serv 6% pref—100 10 221,200 Niagara Hud Pow com-. 5% 1st pref.. 100 4,975 150 5% 2d pref 100 Class A warrants 14,700 7 12 4 Jan. 109 1* Jan. 8* Jan. Apr. Jan. 3* Feb. * 2,400 Nelson (Herman) Corp 5 * 2,700 Neptune Meter class A__ 1,600 Nestle Le Mur Co class A Nevada Calif.Elec com.-..100 50 75 7% preferred 100 10 15* Jan. * Apr. 1 10 i'P Sal* 93 11 9* Apr. 5H Sale Jan. Jan. 12 1* Apr. 11 37 Apr. 28 80 Apr. 20 8 115 Apr. 3* Apr. 10 4* 8 22 19 14* Apr. 2 8 1* Apr. 2* 2 2 1* Apr. 10 5* Apr. 24 5* 6* 152 Apr. 25 162 19 Sale 13* Apr. 25 4 99 Apr. 1 1 Apr. 1 8* Apr. 11 1 * Apr 8 46* Apr Apr. 20 80 8 115 Apr. * Sale 6* Sale 5 5* ... 2,250 11,900 37,300 4,500 6,100 * Apr. 7 Apr. 4 2 6* 27* Sale 39* 40 180 3* 11* 2* 11 Sale 2 IV'Z, 25 14 10 11 12 1* 46* Sale 290 Mountain Sts Tel & Tel-.-100 1,500 1,900 12* Sale 5* Sale Monogram Pictures com Monroe Loan Society cl A 5,030 Montgomery Ward & Co A- * 3,550 Montreal Lt Ht & Pow com1,300 Moody's Investors partic pref.* Moore Corp Ltd —* "T* 31 I4i Monarch Mach Tool Co com.* 30 • 10* 98* L7% pref--100 760 Miss River Power prer 100 2,200 Missouri Pub Serv common--* 42,600 2,600 42,400 1,800 15* 6 Jan. 4 6* Mar. 10 8 90* Mar. 10 41* Apr. 10 6* Apr. 20 3 1* Jan. 64* Mar. 9 7* Mar. 31 1* Mar. 2 MAY, 1939] NEW EXCHANGE CURB YOKE AGGREGATE SALES In PRICES IN APRIL April Jan. 3 1939 Jan. 1 Shares Shares 700 670 1,100 100 1,000 180 100 400 7,859 1,200 1,700 12 16 29 Sale Sale 30 * 25 Sale Sale 3,445 3,250 1,600 2,110 110 400 220 9,600 850 75 5,600 Ohio Brass class B Ohio Edison $6 preferred- - - - - 6% 1st pref 900 Oilstocks Ltd common 34,300 Oklahoma Nat Gas com— 3,700 $3 preferred Conv 6 % prior pref425 11,700 Oldetyme Distillers 100 100 7,000 1,750 600 40 100 """500 900 """400 700 300 """loo 500 28,800 1,700 25 """loo 210 1,100 150 25 1,800 450 150 4,400 1,200 """575 2,100 29,900 3,250 2,200 25 4,100 i. 820 700 4,900 500 1,200 "i",i6o 2,500 3,700 100 70 800 3.700 """600 """800 500 1,800 300 5 110)4 111)4 1 5 —* 3 5)4 Sale - 1st * 1 preferred 125 Page-IIersey Tubes com Pantepec Oil of Venezuelae American shares 257,400 Corp 1 10 4,600 Parkersburg Rig & Reel Co-i-1 110 Patchogue Plymouth Mills- _!_* 1,150 Pender (D) Grocery cl A * Class B-_ * 13,500 1,700 Peninsula Telep Co com 7% preferred --100 - """500 150 $5 preferred 3,000 Pa Gas & Elec class A Pa Po«r & Lt $6 pret 1,460 $7 preferred 5,425 725 Pennsylvania Salt Mfg 225 Pennsylvania Sugar Co. 10,200 Pa Water & Power 2,450 Pepperell Mfg Co 500 Perfect Circle 2-50 1 1 ,_-* 100 * - Sale 16 13)4 7X 16,800 Pitney Bowes Postage Meter.* X 975 2H AK lji Sale 8)4 Sale .-1 Sale 69 25)4 27)4 9)4 Sale 6)4 7 775 2 Sale 5 Sale 23 Sale 17 17£ Sale 3)4 3)4 11)4 Sale Sale 19 ..* X % 9)4 100 100 * * -— 6% prior lien pref 7% prior lien pref 8)4 11X 37 94 9)4 11)4 . 1M Sale 1)4 5)4 3)4 3 38 99)4 1)4 7 4)4 7 il 32)4 Sale 78)4 5)4 20)4 81 6)4 21)4 5)4 7 32H 78 5)4 18)4 8 3)4 25 800 320 530 475 1,700 450 600 1,800 1,200 500 1,100 800 1,000 1,100 8.500 300 $7 part preferred -..* 100 19,850 Puget Sound P & L $6 pref—* $5 preferred --_* 17,575 200 Puget Sound Pulp & Timb—* 5 175 Pyle-National Co com .10 1,700 Pyrene Mfg. * IIoo ...... ... 23,900 2,500 xlllXPeb. 104)4 Jan. 97 Apr. 8)4 Apr. 8)4 Apr. 35 Apr. 96)4 Apr. 1 Apr. 105 Apr. 5 Mar. 4 Mar. 16 9)4 13)4 43)4 103)4 in Jan. 4 Mar. 10 Mar. 9 Feb. 20 Mar. 10 Jan. 19 * 56c 7 14 3)4 Apr. Apr. 27 5 9)4 Mar. 3 33)4 Mar. 13 Sale 5 3)4 4 4)4 Sale 3)4 3)4 8 Apr. 31 )4 Apr. 29 Apr. 4)4 Apr. 11 5)4 Apr. Apr. 17 8)4 Apr. 27 13)4 Apr. 10 Apr. 11 .... "8)4 Sale" 39 7)4 8)4 35)4 7% 38 8! )4 1 2)4 1)4 Sale 514 Sale 2 6 7 4)4 3)4 4)4 2 35 2)4 1)4 Sale 12 Apr. 7)4 Apr. 29 H Apr. 11 8 )4 Apr. 39 8 8 H 5)4 101)4 Sale 145 X 150 83 Sale 59 24)4 27)4 7)4 Sale 5)4 7 Sale 135 77)4 79 22" "25" 7% 7)4 Sale Sale Sale 19 Sale Sale 5 2)4 3)4 18)4 12)4 K X 2)4 Sale 6)4 6)4 8)4 Sale 52 53 Sale 2)4 4 19)4 Sale 11 •A 'A 2)4 Sale 6 6)4 7)4 50)4 6)4 7)4 98)4 Sale 1 2)4 3)4 19)4 8)4 53 7 6 93)4 91 A Sale 4)4 Sale 3)4 Sale** 2 Apr. 19 1 )4 Apr. 1 8 5)4 Apr. 31 6 Apr. 4)4 Apr. 94)4 Apr. 98)4 Apr. 135 Apr. 15 Apr. 77 Apr. 58 Apr. 23)4 Apr. 7 Apr. Apr. 5 29)4 Apr. 2)4 Apr. 2)4 Apr. 16 Apr. 10 Apr. Jan. Jan. 20 3 )4 Apr. 2 Apr. 19 1 )4 Apr. 1 3 7)4 Apr. 31 6 Apr. 11 8 Apr. 6)4 Apr. 1 11 Mar. 28 Apr. 12 7)4 Apr. 11 10 10 8 2)4 Apr. 6)4 Apr. 3 4 8)4 Apr. 1 53 4 Apr. 3 6)4 Apr. 3 99)4 Apr. 1 1 Apr. 8 Apr. 28 1)4 Apr. J* 35 1614 1)4 17 X 114 40 8 •A Apr. 11 8 Apr. 4h Jan. 24 )4 Apr. 8 Apr. 19 1 1)4 Apr. 8 5)4 Apr. 6 31 Apr. 2 Jan. 3)4 Jan. 92)4 Jan. 7% 3 5)4 Sale 99 Sale 48 Sale 30 Sale 7 "5)4 ""6)4 51 7)4 7)4 4)4 5)4 96)4 100 Sale 155 17)4 11 Sale 20 21 44 39 98 Jan. 135 15 74 58 Apr. Feb. Jan. 7 5 29 H 2)4 2)4 16 10 28)4 30)4 Sale 96 Apr. 103)4 Apr. 5)1 41 Sale 4 116 120 153 154 16 17 11 4 /4 Sale 16)4 H 6 97 Apr. 11 104)4 Apr. 8 6)4 Apr. 8 Apr. 20 1 ft* Mar. 11 27 Feb. 5 24 10 10 8 4 8 614 Apr. Apr. 13 8 6 Apr. 8 90 Apr. )4 Jan. 16 7)4 Apr. 10 7 1)4 Mar. 27 )& Apr. Apr. Apr. 101)4 Apr. 17 Apr. 1)4 Apr. 3 9 6)4 Jan. Jan. 26 7 7 2)4 Jan. 3 7)4 Mar. 14 43 Feb. 1 12)4 Jan. 20 64)4 Jan. 4 8 Jan. 4 117 Mar. 7 1 Mar. 16 9)4 Jan. 6 Feb. 7 2)4 Jan. 3 •A Jan. 3 Feb. 6 9 8 8 19 12 102 18 it* 13 9 19 20 18)4 Feb. 23 Mar. J* Apr. 8 7 5 Jan. 4 10S SB Apr. 28 7 94)4 Jan. 100B 104 107 Mar. Apr. 21 3 Apr. 18 105)4 Feb. 20 108)4 44)4 Jan. 13 60 26 Apr. 11 35 Jan. Jan. Mar. 3M Mar. 29 11 Mar. 24 5 7 Apr. 4 A Jan. 93 101 Apr. 26 Jan. 5 8 xl0)4 Jan. 4 11 7)4 Feb. 4 16 118)4 Feb. 16 1 30)4 Jan. 16 47)1 Feb. 6 Mar. 20 Jan. 30 Mar. 10 Jan. 6 17 Feb. 21 Mar. 1 Mar. 2 Jan. 5 Mar. 8 Mar. 10 Mar. 9 Apr. 27 Mar. 29 Mar. Mar. 8 8 24 99)4 Mar. 8 31 106)4 Mar. 10 12)4 13 12 40 36 39 35)4 27 27)4 6 6)1 4 5)4 10$ Sale* 10** 'Aa X Sale 4 2H X Sale % 14 27)4 26 4** 6)4 10 1 2)4 25 5)4 X 9)4 )4 4 4 2)4 Sale *A 8 6)4 Apr. Apr. 26 4)1 X 1)4 18 )4 Jan. 21 14 20)4 Apr. Apr. 49 Jan. 14 34)4 414 6)4 4)4 Jan. 12 Mar. 18 Apr. 8 25)4 Mar. 11 58)4 Mar. 13 5 Jan. 26 12 Jan. 19 5)4 Jan. 24 Apr. 10 116 Apr. 27 154 Apr. Apr. 3 108 3 xl49 16 11 Apr. 1 18)4 14 2 11 Apr. 11 9)4 Apr. 2 3)4 Sale 3 4)1 108 115 150)4 3149 111 150 3 5 1 Apr. Apr. 5)4 Sale 35 Rio Grande Valley Gas Co- H 16)4 Apr. 40)1 ""3)4 5 Sale* 4)4 Jan. Apr. 10 Apr. Apr. 19 2)4 Feb. 28 9)4 Jan. 19 A Jan. 18 47)4 Sale 2)4 12)4 H Sale Apr. Apr. Feb. Apr. Jan. Apr. Apr. Apr. % Mar. 10 2 16 : Apr. 27 Apr. 18 9 7 17 2)4 Apr. 4 8 Apr. 7)4 Apr. 11 6 3 Apr. 99 1 Apr. 3 Mar. 12 Apr. Apr. 10 23)4 Apr. 10 • 12)4 4H Sale* 7)4 Apr. Apr. 18 105)4 Apr. 18 108 46)4 Apr. 11 51 26 Apr. 11 30 Sale "4)4 "5)4 "4)4 ""6" 118 150 5 8 Apr. 7)4 Apr. 11 5 Apr. 28 96)4 Apr. 19 104 108 97 15)4 Sale Apr. 3 Jan. 3 Mar. 16 31 17 56 14 5)4 4 100 3 105)4 18 167 36 3)4 3 19 7)4 Jan. 3 3)4 Mar. 13 16 14 20 29 Apr. 24 )4 lA 3)4 2 )4 Apr. 25 4 3)4 Apr. 9 Apr. 19 12 102 Apr. 21 6 17 Apr. Apr. 18 19 2 3 Apr. 114 Apr. 13 3 35 7 A* 40 3 8 Feb. 2 30)4 Jan. 14 4 Apr. 41 11 39)4 Feb. 6 4 Apr. 1 Apr. 5)4 Apr. 12 23)4 Apr. 12 3 13)4 Apr. Jan. Mar. 35 1 30 3 Mar. 10 Mar. 10 27 21 n Mar. 11 27 101)4 Mar. 9 4)4 Apr. 11 3)4 Mar. 13 Apr. 17 8 3 4)4 Apr. 13 100.;. Apr. 28 14 10514 Apr. 26 28 145 5 Apr. 15 20 Apr. 20 82 27 Apr. 12 1 10 60)4 Apr. 4 10 26 Apr. 8 17 30 17 108)4 6 85 5 7)4 8)4 Apr. 27 3 Apr. 3 Apr. Apr. 25 30 14 11 3 2)4 Apr. 8 5)4 Apr. 10 41 Apr. 4 614 Apr. 8 47)4 Apr" 13 6 Apr. 8 90 Apr. 8 1 Apr. 1 7)4 Apr. 10 9 Apr. 101 )4 Apr. Investcom _.l Stix Dry Goods Co-—-..* .1 27 8 UK .1 Apr. 2)4 Apr. 21 2 5 tReynolds 7 8 Apr. 31H Apr. 2814 Jan. 104 % Apr. 68)4 Jan. 5)4 Apr. 1)4 32 Apr. 25 1 Apr. Apr. 27 Apr. 28 6 Apr. 1 Apr. Jan. 4 Mar. 10 Jan. 24 8 21 Apr. 21 3 14 32)4 Apr. 3 11 29)4 Apr. 3 104)4 Apr. 17 105)4 Apr. 81)4 78)4 Apr. 6 80)4 Apr. 15 5 5)4 5)4 Apr. 5 5)4 Apr. 20 9)4 32)4 2)4 * Far footnotes see pege 53. 11 114)4 Apr. 26 105)4 112)4 114)4 111)4 Mar. 4 Feb. 6 Mar. 16 Feb. 27 7 1X Reed Roller Bit Co.. Reeves (Daniel) com Voting trust ctfe.. Apr. 97)4 Apr. 110 Mar. 4)4 Mar. 13 2)4 Sale 2 4 Richmond Radiator com Apr. 16 Feb. 9 Feb. 14 Mar. 11 Mar. 9 14 1)4 » Rice Jan. 24 X 94)4 100)4 5)4 12)4 20* 23 7)4 Red Bank Oil Co..——. Reiter Foster Oil Corp Reliance El & EngCo 13 19 Apr. 8 100)4 Apr. 4 Ill Apr. 15 iW Jan. 1 16)4 2,500 Railway & Light Securities—* 400 Rys & Util invest cl A com—.1 Raymond Concrete Pile— Common —* 6,500 $3 conv pref ..* 750 50c 2,100 Raytheon Mfg com— 6,400 7,700 3,600 8,300 2,400 14,800 2,500 Apr. 92)4 Apr. 25 5)4 Apr. 14 8)4 Apr. 3 17 Apr. 1 29 Apr. 27 )4 Apr. 3X Apr. A Jan. 81 Apr. 87)4 Apr. 4)4 Feb. 6)4 Apr. 2)4 Apr. 7)4 100 100 1,560 Quaker Oats com.. 6% preferred... 860 800 Quebec Power Co. . Feb. Sale Prices Feb. 7 IX Jan. 16 65)4 Feb. 16 22)4 Jan, 4 Feb. 28 Jan. 18 Jan. 5 4 {Public Util Securities— 3,950 3,125 Mar. 31 13)4 Apr 19 Apr. 15 43 aolA Apr. 8 100 Apr. 8 8)4 Apr. 8)4 8)4 Apr. 11 11)4 35 6 38 Apr. 96)4 Apr. 26 98 1 1 )4 Apr. 10 Highest 414 Apr. 10 14 Apr. 10 53 86 97 8)4 - 310 120 28 7 8)4 Public Service of Oklahoma— 40 20 5)4 714 17 29)4 3 118)4 1 2 6,800 Prosperity Co B common—. * ....* 1,525 Providence Gas Co. 14,400 Prudential Investors com— $6 preferred.. * 1,100 pref 102 90 29 H 64 100 Prentice-Hall Inc com— 3,600 Pressed Metals of Amer., 4,200 Producers Corp. pr 8)4 Sale 10)4 Sale 39)4 34 80 I3 .16 5 7,200 Potrero Sugar com— 5 18,700 Powdrell & Alexander com * 325 Power Corp of Can com First preferred---100 70 * 3,900 Pratt & Lambert .1 19,500 Premier Gold Mining_... 70 5K 7)4 15)4 4)4 Apr. 1 )4 Apr. Apr. 17 Apr. 16)4 Apr. 45)4 Apr. )4 Apr. 3)4 Apr. 54 53 3)4 .-50 Pleasant Valley Wine Co -1 Plough, Inc.. --* 250 Pneumatic Scale Corp Ltd—10 -25c 8,500 Polaris Mining Co 6,880 Public Serv of Ind $6 preferred 5,405 lA Sale )4 19)4 Pittsburgh Plate Glass com—25 108)4 Sale 6% 1st preferred 7% 1st preferred y X Apr. 100)4 101)4 99)4 100)4 97)4 Apr. Sale 110 110 110)4 111 Apr. 114)4 Sale 113)4 Apr. 1 50 300 Pitts Bessemer & L E RR 90 16 16 43)4 X 3)4 )4 4)4 Apr. 10 14 Apr. Apr. 13 X Apr. 15 Apr. 43)4 Apr. )4 Apr. 3)4 Apr. A Apr. 81 Apr. 87)4 Apr. 5)4 Apr. 6)4 Apr. 15 Apr. 24 Apr. 53 16 27 8)4 Public Service of Clorado— 40 10 14)4 14)4 40)4 )4 3 14)4 39 35 1 Pitts Metallurgical Co Lowest Sale Prices 15 1 Pioneer Gold Mines Ltd Pitts & Lake Erie RR Highest Sale Prices 99 ♦ 98 H Sale * Sale -_50 166 20 com.. Pittsburgh Forgings Co 21)4 7)4 Sale 3 3)4 * - 31,100 3,550 3,700 25,800 3,600 4,900 l 4 55 ._* --* 1 22,900 Pharis Tire & Rubber Co .„_* 4,600 Philadelphia Co com 25 Phila Elec $5 div preferred—.* 2,100 Phila El Pow 8% pref ..25 * 19,300 Phillips Packing Co -1 93,800 Phoenix Securities common $3 conv preferred A 10 11,350 * 10,300 Pierce Governor Co com 30,366 20 k Penn Mex Fuel common—-50c 500 Penn Traffic Co 115,300 Pennroad Corp com vtc 24,500 Pa Cent Airlines com 25 Pa Edison Co $2.80pref 45)4 4)4 5)4 7)4 Sale 16)4 Sale 27)4 28 98 9X 10 12)4 Sale 38 41)4 -50 102 100 100 1 1)4 Sale Pines Winterfront Co icmoo 4,100 4H 11 300 Pacific Can Co common * 71 Sale 32; 34,200 Pacific G & E 6% 1st pref—25 7,450 514% 1st preferred- ----- -25 1,850 Pacific Ltg Corp $6 pref ♦ 107)4 Sale 680 Pacific P & L 7% pref 67 70 100 ♦ 1,700 Pacific Public Service com. 6)4 7)4 100 Paramount Motors 850 Parker Pen Co 1 * 1,000 Formerly Nat Bak Co 5,000 Overseas Securities Co 800 57,500 H 3)4 We —5 -15 Oliver United Filters B Omar Inc— 1,600 , 100 - 53 18 15 44 Ask 4)4 4)4 1)4 Sale Sale 15)4 Sale * 100 Ohio Oil 6% pref 100 Ohio Power 6% preferred- -100 370 Ohio Pub Serv 7% 1st pref_100 Ask Bid Sale Sale 1 53 Lowest Sale Prices April 29 April 1 Bid 4H STOCKS (Continued) Par 12,200 Noma Elec Corp com 1 37,900 Nor Amer Lt & Po w com 1 5,600 $6 preferred * 4,500 North Amer Rayon cl A * 2,800 Class B common * 1,295 6% prior preferred—-—50 2,900 Nor Amer Util Sec com * 900 North Cent Texas Oil 5 9,000 North European Oil com 1 1,770 Nor Ind Pub Ser 6% pref—100 1,340 7% preferred 100 3,600 Northern Pipe Line 10 45,304 Nor States Power A -25 6,600 Northwest Engineering* 6,100 Novadel Agene Corp— * 425 300 300 240 RANGE SINCE JAN. Price NEW YORK CURB EXCHANGE Since 2,300 8,600 1,476 1,900 47 15 8 Apr. 8 Apr. Apr. 10 Apr. 10 Apr. 11 Apr. 10 Apr. 24 Apr. 11 Apr. 10 1 Apr. Apr. 11 )4 Apr. 8 3 14)4 Apr. 8 37 Apr. 1 )4 Apr. 4 2)4 Apr. 20 28 5 Apr. 6 6 Apr. Feb. 11 Mar. 13 Apr. 10 123 Apr. 27 158)4 Jan. 28 Mar. 31 18)4 Mar. 10 9)4 Apr. 15 *A Feb. 9 12 21 Apr. 35)4 Apr. 1 Apr. 2)4 Apr. 41 25 5 *A Apr. 10)4 Apr. % Apr. 4 Apr. 2 % Apr. 1 Apr. Jan. )4 Jan. 914 Apr. X Feb. 4 Mar. 31 3 IX Apr. 11 X Apr. 8 3 1 6 )4 Jan. 12)4 Mar. A Feb. 13 9 9 Jan. 4 Mar. 11 2)4 Jan. 17 5 Jan. 4 33)4 Jan. 4 7 Jan. 31 )4 Jan. 2 12k Mar. 7 )4 Jan. 3 5 Jan. 18 4 Jan. 5 X Jan. 13 NEW CURB YORK EXCHANGE AGGREGATE PRICES SALES 1939 (Concluded) Par Bid 775 Rochester G & E 6% pf D--100 150 6% preferred C 100 Rochester Telephone Corp-— 10 634% 1st pref. 100 114 900 Roeser & Pendleton Inc * Rolls-Royce Ltd— Am dep rets ord reg roo £1 12,100 Rome Cable Corp common—5 ._5 5,700 Roosevelt Field Inc 1 10,200 Root Petroleum Co com $1.20 conv preferred 1,400 20 4,000 Rossia Tnternat Corp * 75 Royalite Oil Co Ltd 5,500 Royal Typewriter com * 2-50 3,800 Russelcs Fifth Ave Inc 56,800 Rustless Iron& Steel Corp 1 1,300 $2.50 conv pref * 6,300 Ryan Consol Petroleum. 4,400 Ryerson & Haynes Inc com—1 3,450 Safety Car Heating & Ltg * 600 St Lawrence Corp Ltd * A $2 conv pref 50 83,400 St Regis Paper Co 5 625 7% preferred 100 1 23,800 Salt Dome Oil Co 5,600 Samson United Corp com 1 900 Savoy Oil Co 5 ;* 3,500 Schiff Co com 23,400 Scovill Mfg Co 25 10 Scranton Elec $6 pref Scranton-Spring * common April 1 Ask STOCKS 400 Seranton Lace Co Bid SINCE JAN. 1 Ask Lowest Highest Sale Prices 96 Apr. 21 Sale Prices 96 Apr. 21 96 Apr. 100 112 15 1534 13 Sale 134 234 5 . Sale 224 7 34 110 11 1434 934 134 12 15 Sale 2 117 Sale 9 1034 2 % 134 124 434 124, 52 424 4824 324 2 6 434 112 54, 2 6 24, Apr. 14 112 4 2434 Apr. 9 Apr. 10 5 134 Apr. 134 Apr. 12 6 434 Apr. 34 Apr. 25 Apr. 14 2434 Apr. 1034 Apr. 134 Apr. 2 Apr. 434 Apr. 34 Apr. 21 Highest Sale Prices Jan. 20 21 104 23 102 Feb. 3 Sale Prices Feb. 14 112 1334 Mar. 30 15 112 Apr. 14 Apr. 2434 Apr. 9 Apr. 134 Mar. 134 Apr. 434 Apr. 34 Apr. 4 10 30 12 6 25 Jan. 2434 1334 234 224 624 J4 37 71 68 534 6 Sale 12 52 54 434 834 37 34 234 5 Sale 45 Apr. 11 324 Apr. 11 8 7 Apr. 3534 Apr. 11 6 234 Apr. 34 Apr. 10 49 Apr. 11 54 424 934 39 34 224 24 Mar. 18 43 Jan. 45 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 71 Jan. ,3 24 42 24 Sale Sale 63 66 334 Sale 5824 Sale 17 Sale 154 1 11 2524 2 134 1134 Sale 1724 19 52* Sale 40 37 Sale 2 % 5424 234 Sale 53*' 54* Sale 1134 134 34 1034 234 124 VA « Sale Sale 2 Sale 234 38 38 134 34 , 2134 19 1034 1934 1134 2034 20 21 1724 18 1 Apr. Apr. 29 41 934 Apr. 1024 124 1034 134 55 11 12 1 Apr. 8 234 Apr. Apr. Apr. 134 Apr. 11 3 24 Apr. 7 334 40 834 2 3 8 Jan. 3 34 Jan. 3 3 65 Mar. 4 34 Jan. 3 24 Jan. 38 2 5 7 5924 Feb. 6 17 Apr. 924 Apr. 1 Apr. 1 11 Apr. 3 1024 Apr. 1924 Apr. 2134 Apr. 3 11424 Apr. 25 11424 Apr. 25 18 19 Apr. 11 Apr. 3 5 1224 Jan 4434 Mar. Mar. 49 5 634 Mar. 10 Apr. Apr. Feb. Apr. Apr. Feb. 3534 234 34 3 3 12 11 4 Apr. 4 Feb. 27 Jan. 20 Mar. 7 Mar. 7 Jan. 14 3 Jan. 124 Jan. Jan. 11 1124 Jan. 12 Jan. 924 Jan. 1924 Apr. 11424 Apr. 18 Apr. 4 2734 Mar. 3 11424 Apr. 25 22 24 Jan. 17 Brook Water Service $6 preferrek 14,200 Scullin Steel Co common Warrants 20,200 * 3,500 Securities. Corp Gen'l com 700 Seeman Bros Lowest April 29 Ask Bid 425 45,600 84,600 1,750 18,900 3,900 2,050 1,050 RANGE Jan. 3 Jan. 1 Shares IN APRIL Price YORK EXCHANGE NEW CURB Since * * common Segal Lock & Hardward Seibevling Rubber com Selby Shoe Co com com. _ 1 * Sale Sale 124 33 Sale Sale 7 Sale 24 134 Sale 30 6 634 34 1 Sale 35 % Sale 734 Sale 3034 34 734 1 5 1 934 134 Sale Allotment certificates 62 67 6234 25 68 4% 55* 68 5 5734 5734 26 734 Apr. 3 Apr. 25 134 Apr. 1 1 21 Sale 60 5924 34 Apr. 534 Apr. 13 Apr. 34 Apr. 5 Apr. 5734 Apr. 5734 Apr. 4 11 10 10 8 6 5 % Apr. 1 734 Apr. 3 15 Apr. 4 24 Apr. 3 6 Apr. 3 5834 Apr. 24 58 Apr. 8 Mar. 10 28 Jan. 13 24 Jan. J24 Jan. 3 Feb. 524 Apr. 24 Apr. 1 Apr. 31 % Sale 24 6 65 23 34 Apr. 37 o/ Sale Sale * Selected Industries. Convertible stock $5.50 prior stock 1234 124 134 29 24 % 634 2334 Apr. 26 8 524 Apr. 1 24 Apr. 1 1 Apr. 17 5 32% Feb. 28 Mar. Jan. 34 Mar. 424 Jan. 15* 1224 Apr. 34 Apr. 5 Apr. 5734 Mar. 5734 Apr. 7 Mar. 29 Apr. 4 Jan. 4 934 Jan. 3 1 88* 70 Mar. 9 Mar. 9 Selfridge Prov Stores, *Ltd— 400 American dep rets t £1 7,800 Sentry Safety Control _1 Serrick Corp class B com 1 * 4,900 Seton Leather com 141,200 Seversky Aircraft Corp 1 32,900 Shattuck Denn Mining 5 3,300 Shawinigan Water & Power. .* 25 14,900 Sherwin-Williams Co com 730 5% cum pref A A A 100 275 Sherwin-Williams of Can * " Shreveport Eldorado 100 Pipe Line stamp 1,900 Silex Co (The) common Simmons-Boardman Corp conv 3* 2* 6X 6Vt 524 Sale 824 2034 109 Sale 21 Sale 1 234 1034 25 .25 25 25 7% preferred 100 190 South New Engl Telep Co. .100 800 Southern Pipe Line 10 3,700 Southern Union Gas com Preferred A 234 134 3 Sale 4,000 660 3,650 32,700 6,200 11,000 1,825 30,900 2,100 1,800 14,700 11,900 54,100 2,700 25 Spanish & General Corp Ltd Am dep rets ord reg shs_._£l Am dep rets ord bear £1 Spencer Shoe Corp.. * Stahl-Meyer Inc com * Standard Brewing Co * Standard Cap & Seal com 1 Conv preferred 10 Standard Dredging Corp— Common $1.60 conv preferred 20 Stand Invest $534 pref w w___* Standard Oil (Kentucky) 10 Standard Oil (Nebraska) Standard Oil (Ohio) com 5% preferred. Standard Power & Lt Class B 8434 common & Acid Works Steel Co of Canada ord Stein (A) & Co com 20,100 Taggart Corp com 11,550 Tampa Electric Co 2,600 Tastyeast Inc class A 9,000 Taylor Distilling Co 73,400 Technicolor Inc common see page 25 25 Sale Sale 524 224 2824 2724 Sale 2734 Sale 2 4234 124 53. 19 86 110 o 734 Sale Sale 1924 9024 Sale 1134 1334 1134 1234 2 Sale 1*4 Apr. 10 Apr. 21 Apr. 3 Apr. 3 9 Apr. 1 13 111 Apr. 6 12 1234 Apr. 3 6 Apr. 254 Jan. 534 Apr. 1824 Apr. 83 Apr. 10834 Apr. 1034 Apr. 6 Apr. 224 Apr. 534 Apr. 1824 Apr. 20 83 Apr. 10834 Apr. 1034 Apr. 7 434 624 2034 9734 124 134 124 2 924 Apr. 11 12 Apr. 15 Sale 142" 155" 334 124 170 Sale 4 Apr. 14 424 Apr. 26 134 124 334 134 Apr. Apr. Apr. Apr. 10 10 11 4 234 134 Sale Sale 134 4 Sale 4 134 Sale 124 2934 2834 2924 Sale 2 Sale 12434 234 2934 Sale 28 Sale 134 2 124 42 145 160 145 934 Jan524 Jan. 20 3 Jan. 6 9 2224 Mar. 10 11334 Mar. 13 11524 Mar. 7 Jan. 14 6 924 Apr. 11 134 Apr. 134 Apr. Apr. 11 234 Feb. 3 Jan. 10 Jan. 10 219 3 24 134 334 124 134 1124 234 13 12 Sale 1724 634 Sale 634 19 20 1 104 Sale % * 6 34 Sale 17* i* 5 24 Feb. 6 1334 Jan. 21 15* 21 9 7 1724 634 1824 104 24 24 6 224 2 2 34 2 134 124 % Apr. 25 3 234 Apr. 124 Apr. 28 34 Apr. 26 16 5 Apr. 2124 Apr. 20 15* 15* 14 2124 20 1624 • 12134 Apr. Aprl 10 134 124 124 124 Apr. 1034 934 10 924 Apr. 634 934 724 Sale 1734 1734 1734 Apr. 634 834 0 634 Apr. 18 17 Sale 1834 Apr. 10534 104 10534 104 Apr. Sale % 24 24 Apr. 34 1 24 34 Apr. 21 7 Sale 734 734 19 Sale 24 34 Sal? 134 124 134 234 Sale 234 Jan. 10 634 34 1534 124 8 6 5 134 Apr. 924 Apr. 28 Mar. 24# Jan. 8 11 3 10 11 Apr. 28 Apr. 12 8 Apr. Apr. 11 3 Apr. Sale Apr. 134 Apr. 5 11 11 10634 334 224 Apr. "8 1834 1034 1824 10534 24 24 26 34 734 M 2434 124 2 2924 Mar. 21 2854 Mar. 18 43 54 Feb. Jan. 55* Feb. 7 11 Feb. 21 6 17 Apr. 11 102 Jan. 4 54 Apr. 10 34 Apr. 11 24 7 17 Mar. 30 Mar. 3 Feb. 4 28 234 Mar. 10 14 Mar. 10 Jan. 12 3434 Mar. 11 1924 Mar. 28 *A Mar. 21 7 10 31 28 10 8 1734 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 124 Mar. 11 534 Jan. 9 Jan. 6 27 152 124 Apr. 21 6 954 Apr. 9 11 6 534 Jan. 31 2724 Apr. 11 1834 Feb. 11 234 Apr. 134 Mar. 34 Mar. 14 Apr. 20 Apr. 6 2 24 334 Jan. 27 3 134 Apr. A Apr. 25 34 Apr. 10 124 Apr. 28 34 Apr. 26 14 334 Sale 10 Apr. 24 1024 Apr. 25 4 634 Apr. 4 3024 Apr. 1 24 2 24 124 3 24 Apr. 134 Apr. 1034 Apr. 534 Apr. 2724 Apr. 34 20 1 13 34 Apr. 1924 Sale 134 134 934 Sale *A 34 2234 Sale 234 224 40 Jan. 3 3 34 Apr. 10 Feb. 17 Apr. 11 Apr. 1 148 4 13 2934 Sale * 134 134 334 134 10 424 Apr. 26 8434 Jan. 3 334 Jan. 8434 Jan. 42 18 * 234 134 524 170 3 2824 Jan. 2734 Jan. 27 Apr. 11 124 Feb. 17 2934 Apr. 2834 Apr. 4234 Apr. 152 134 34 Sale 24, 2_ 324 124 234 34 34 1624 Sale 2134 Sale 11 3 124 Apr. 15 Apr. 1 124 Apr. 26 52 3 34 3 Apr. 2 24 Apr. 2 55 234 634 33 2834 Apr. 20 2724 Apr. 19 40 4 3234 101 2 34 Apr. 134 Apr. 11 3 134 Apr. 10 124 Apr. 1 Apr. 10 181 Apr. 28 Sale 50 1 $7 preferred * Standard Products Co 1 Standard Silver Lead 1 Standard Steel Spring Co 5 Standard Tube class B 1 Standard Wholesale Phosphate 30 634% preferred 6,000 Sterchi Bros Stores Inc. 175 6% 1st preferred 250 5% 2d preferred 10,500 Sterling Aluminum Prod 5,400 Sterling Brewers Inc 26,375 Sterling Inc 4,725 Stetson (John B) Co com 4,300 Stinnes (Hugo) Corp 3,850 Stroock (S) & Co Inc.. 3,200 Sullivan Machinery Co 400 Sunray Drug Co com 66,000 Sunray Oil... 3,100 534% conv preferred 10,200 Superior Oil Co of Calif 50 Superior Portl Cement A Class B common 75 400 Swan-Finch Oil Corp For footnotes Sale 6 34 Feb. 16 24 Mar. 13 24 Apr. 34 Jan. 5 Sale 324 134 534 224 100 com 35,400 Starrett (The) Corp vtc """500 2024 9734 434 10 5,750 20 180 524 .25 450 So West Pa Pine Lines 7,300 Sale 25 12,800 Southland Royalty Co 13,400 South Penn Oil 700 Sale 524 24 Apr. 13 24 Apr. 26 13 % Feb. 50 3,900 634 34 24 Apr. 34 Apr. 2 * 500 Southern Colo Power cl A "i",600 2 34 134 .624 3 34 Pub pref 11,000 Sou Calif Edison pref B 10,000 524 % pref class C 1,960 5% original pref 3,900 234 734 25 23,600 Simmons H'ware & Paint Co__* 5,000 Simplicity Pattern Co._ 1,440 SingerMfg Co 100 Singer Mfg Ltd— Am dep rets ord reg shs 23,825 £1 25 Sioux City G & E 7% pref. 100 Skinner Organ Co * Smith (Howard) Paper Mills.* 16,400 Solar Mfg Co. ~ 23,300 Sonotone Corp 5,100 Soss Mfg Co 2,000 South Coast Corp com 400 ✓4 134 Jan. 3 334 34 1734 2334 16 Jan. 12 Mar. 28 Mar. 14 Jan. 9 234 J an. 1234 Jan. 21 21 Jan. 3 12 1824 Mar. 11 1034 Apr. 21 2134 Jan. 12 Feb. 23 10fP Feb. Jan. 6 4 6 3734 Feb. 1054 Mar. 11 Apr. 28 634 Apr. 12 8 34 Apr. 1534 Apr. 11 3 124 Apr. Apr. 234 Apr. 9 24 14 14 Jan. 3134 Jan. 234 Jan. 14 Apr. 5 134 Apr. 11 ^ n 21 Apr. 434 Jan. * * 100 * 1234 1134 1024 105 "324 "434 13 106 3 334 1034 105 234 1034 Jan. „50 20 .1 1 1 „*. 634 224 324 534 2 34 234 Sale 2 24 Sale 124 1034 9 534 334 334 Sale % 824 634 1024 Sale 724 1234 9 * 1 Sale 1 * 1 50 434 234 224 5 224 334 824 F634 934 724 1 434 Apr. 234 Apr. 234 Apr. 5 Apr. 24 Apr. 8 Apr. 634 Apr. 10 Apr. 134 Apr. 31 Apr. 36 Apr. 8 18 1 14 6 534 Apr. 234 Apr. 3 34 Apr. 6 Apr. 11 24 Apr. 824 Apr. 624 Apr. 10 Apr. 234 Apr. 10 34 10 3834 Apr. 10 634 11 234 Sale 3834 Sale 4324 Sale 10 2 Sale 134 33 Sale 33 34 37 Sale 38 Sale 2 35 3924 * 1 * 1 1 * Jan. 734 434 234 234 5 21 Feb. 8 6 6 634 Jan. 5 Feb. 4 Jan. 5 754 Feb. 27 3 4 Jan. 1 Jan. 14 Jan. 6 634 Apr. 10 Apr. 134 Apr. 31 Apr. 36 Apr. 934 934 1134 254 3834 4534 Mar. 42 Apr. 434 Apr. 13 Apr. 1424 Mar. 534 Jan. Apr. Apr. Apr. Apr. 1724 Apr. 3 Apr. 13 5 634 434 5 Sale 36 If a i56 434 324 434 Sale 3 32 31 24 Sale 24 Sale" 1634 Sale Apr. 4 434 Apr. 24 3 33 24 Sale 2234 Sale 5 24 Apr. Apr. 24 Apr. 34 Apr. 14 24 Apr. 1 8 1 8 1 13 334 3224 24 24 Apr. 434 Apr. 31 Mar. 31 Mar. 24 Jan. 34 Apr. 14 18 Mar. 14 834 Feb. 20 Jan. Apr. Apr. Mar. 24 Feb. 8 Jan. Feb. 42 Sale * 15 224 Apr. 28 5 25 13 ,JJ* 3i* Mar. 105 334 Apr. 9 4 8 Mar. 31 534 3634 34 % Jan. 3 Mar. 14 Feb. 6 Jan. 3 Mar. 14 Mar. 14 6 7 Jan. 5 Jan. 10 Mar. 24 Feb. 6 2234 Jan 3 NEW MAY, 1939] AGGREGATE SALES In April Shares 1,725 10 4,500 2,350 2,600 Y,406 3,400 3,900 5,600 ~9"666 14,900 Trans-Lux Pict Screen com..* 22,300 Transwestern Oil Co.....--10 13,200 Tri-Continental Corp warr..__ 300 Trunz Pork Stores Inc * ... 13,500 1,150 600 600 Tubize Chatillon Corp— 58,000 Common. ......* -1 Class A .1 5,250 6,300 Tung Sol Lamp Works com..l 3,500 80-cent div pref - 800 Ulen & Co series A pref..— 200 "l'Mo 1,700 500 3,200 600 30",900 3,800 65",000 3,100 8,400 110 26,800 14,700 25,300 75 April 1 1939 100 Series B pref..... 5,700 Unexcelled Mfg Co Inc. 6,400 Union Gas of Canada * 10 . ....♦ 600 Union Investment Co com...* 18,500 Union Premier Food Stores. _1 25 Union Traction Co 50 United Chemicals Inc— Common.... —.....* 2,500 400 $3 cum partic pref.... * 218,200 Un Cigar-Whelan Stores...10c 21,100 United Corp warrants.....— 200 United Elastic Corp ..._.* 204,500 United Gas common........1 20,210 $7 1st non-voting pref.....* ntc 21,200 460 United G & E" 7%prefIIIII 166 118,700 United Lt & Power com A—..* Common class B_. * 69,200 149,700 $6 1st pref —* 275 United Milk Products com...* 200 $3 preferred * 14 16 13 16 ?! 1 ,194 a\X Sale 68 82 77 62 12*4 JK 66 r 61 IK Sale 2*4 Sale *4 Sale 7*4 9 5*4 Sale J* A& 7X 9 IX 12*4 3*1 494 Sale 2*4 Sale 13 94 X 75*4 80 Sale 21 2 Sale 30 19 68 20*4 5 2 IK IK IK Sale 13*4 2 3X 4*4 42*4 UK IX Sale *4 Sale 3 *4 Sale 84 % Sale 4*4 3*4 11 2K 13H „ . A* 40 3 13 K 4*4 JX 44 2 Sale 84 j Sale Sale 82 87 Sale 1 IK Sale Sale 23 K 70 72*4 24 H 20 5*4 80 8K 22 H 2 6K 2K 7K 3 12 K 2 13 H 2 62 Apr. 11 4X Apr. 1 63 Apr. 8 69 X Apr. 4 98*4 Apr. 11 1015a Apr. 25 105*1 Apr. 12 109X Apr. 25 % Apr. , 1*4 Apr. 14 8 1 2*4 Apr. % Apr. 29 % Apr. 6 IX Apr. 3 3*1 Apr. 15 X Apr. 12 3K 8 Apr. 19 K Apr. 11 2 Apr. 11 6 Apr. 10 2 3 IK 13*4 3K Sale Apr. 28 8 IK Apr. 1 11 Apr. IX Apr. 10 125? Apr. 11 3 9X Apr. 22 Apr. 10 1 2K Apr. 6*4 Apr. 12 2 Apr. 28 IX Apr. 18 12*1 Apr. 28 8 2*4 Apr. 3 14 Apr. 4 *4 3K Apr. 8 4 Apr. 1 Apr. % Apr. 3 44 X Apr. K Apr. IK Apr. 74 Apr. 8 2*4 Apr. 1 1 85*4 Sale 85 IX IX 1*4 Sale 22 K Sale K 84*1 Apr. 1 3 94 Apr. 82*4 Apr. 26 3 2 Apr. 3 IX Apr. 3 27 Apr. 70 0K Apr. 82 24 73 8 Apr. 26 8 IX Apr. 8 IX Apr. 19 Apr. 10 70 83 82 X 70 10 101*4 Feb. 17 4 Jan. 5 24 11 15*4 Mar. 8 4 8 15*4 Jan. 2 Jan. 17 2 Jan. 17 Mar. 3 60 Feb. 9 62 5*4 Mar.'10 4*4 Apr. 11 15 Jan. 12 1*4 Mar. 8 1*4 Feb. 20 81 Feb. 23 Apr. zl05*4Mart,13 98*4 Apr. 63 111 105*4 Apr. K Feb. 1 *| Apr. 14 8 1 *4 2*4 5*4 % 16 8 2*4 Apr. *f#Apr. 29 Jan. Jan. 9 Jan. 11 Jan. 9 Jan. 6 Jan. 20 Jan. 16 Apr. 8 .13*4 Mar. 10 19*4 Apr. 11 38*4 Mar. 10 3*4 Jan. 20 2 Apr. 11 7*4 Jan. 11 6 Apr. 10 7 2 Apr. 28 3*4 Mar. 17 4 1*4 Jan. 11 Apr. 1 1*4 Apr. 10 12*4 Jan. 27 2*4 Jan. 3 3*4 Apr. 8 5*4 Jan. 18 3*4 Mar. 17 2 Mar. 15 13*4 Mar. 3 7 Mar. 23 15*4 Mar. 2*4 Jan. 8 3 4X Jan. 9 42*4 Mar. 31 1 *4 Jan. 3 Apr. 11 Apr. 11 Feb. 27 *4 Mar. 31 *4 Apr. 1 7 Mar. 6 1*4 Apr. 8 74 Apr. 8 X Mar. 20 80 Jan. 9 1*4 Apr. 8 1*| Apr. 8 19 Apr. 10 2*4 Jan. 20 36*4 Mar. 9 20*4 Feb. 24 Sale 20 24 38 % Sale K X* 2 69*4 Jan. Jj*n. 2*4 Apr. 8*4 Apr. 10 Apr. Sale Prices 99 Feb. 6 94 8 7 4K 40 K Sale % Sale ■ UK Apr. 20 12 K Apr. 3 8K 8 20 IK IH IK 7 *4 2 5 *4 Sale 3 5* K 3% Sale 2*4 ¥ Apr. 11 4X Apr. 11 96K Apr. 13 98 Apr. 25 3 X Apr. 1 'kYiL -LVlcVr. lt 14*4 Mar. 17 % 8*4 Sale 25 29*4 2K Sale 6K 6% 12 54 Sale 36 Sale Vi ■IK 2K 98 IK K % Sale a Lowest Sale Prices 16 68 X 101*4 Sale 0*4 2 , 67 2H Highest Highest Sale Prices 90X Apr. 1 Apr. 25 2% Apr. 24 8 X Apr. 11 10 Apr. 8 & 99 4K 4*4 Sale 4*4 4*4 62 59 67 57 Ask Sale Prices Lowest April 29 Ask Bid Ask Bid STOCKS (1Continued) Par Bid ^Shares 94 Sale 91K Sale 70 7,575 Tenn El Pow 7% 1st pref—100 99 *4 101*4 97*4 94 430 Texas P & L 7% pref __100 87 2K 3 K Sale 3*4 Sale 2 13,700 Texon Oil & Land Co 13 10 K 11 15 5,850 Thew Shovel Co common..--5 14*4 Sale 10*4 11K Sale 15 10,700 Tilo Roofing fnc 1 3 200 Tishman Realty & Constr 194 ♦ Ay* AX AX Tonopah Belmont Devel...l0c Tonopah Mining of Nev 1 1,075 1 Price Jan. 3 70 60 3,900 RANGE SINCE JAN. PRICES IN APRIL NEW YORK CURB EXCHANGE Since Jan. 1 175 Tobacco & Allied Stocks * 23,600 Tobacco Prod Exports * Tobacco Secur Trust Co Ltd— Am dep rets ord reg shs 1,800 £1 Am dep rets def reg. 1,700 5s 4,450 Todd Shipyards Corp 310 Toledo Edison 6% pref.. 100 220 7% preferred A... 100 75 49 CURB EXCHANGE YORK 23 69*4 Jan. 31 73*4 Mar. Apr. 10 6*4 Mar. *& Jan. 20 7 Mar. 6 3*4 Jan. 4 92*4 Mar. 11 % Jan. 21 86*4 Feb. 25 3 Jan. 19 Mar. 20 8 United Molasses Co Ltd— 100 40 200 "4",loo 13,300 4,425 600 Am dep rets for ord reg. •100 United N J RR & Canal—100 1,800 United Profit Sharing eom_25c 10% preferred ...10 Shipyards class A....1 14", 260' United 37,500' Class B 1,000 8,400 36,500 U S Foil class B 320 , ' 3.300 1,400 2,900 1,100 1,100 800 1,900 1,400 1,100 40 1,400 3,800 11,900 . 2,600 200 600 50 3,000 900 100 800 1,075 1,100 1,500 4,800 '""850 2,600 75 1.500 3,700 6,500 60 200 2,800 3,500 12,800 Universal Corp 900 4*4 1,300 6,600 5,300 4,000 9,100 69,500 11,600 7,500 Utah Radio Products *4 9K IK Sale 10*4 1*4 10*4 194 9H Sale % 76 3 *4 "iK "I 94 27*1 16 29 Sale 24 Sale 4 94. Sale 25? 3 K Sale Sale 2*4 Sale m Sale IK Sale 30 Sale 1* Sale 2*4 IX 3 IK *4 lP 2% 15*4 om 11*4 14 8*4 *6' Sale 50*4 52*4 7 4 *4 47*4 IK AH 42 "K ""'*4 15? Sale %, IX * — * X 49 AH 45 *4 IX 5 30*4 Apr. 10 8 10*4 Apr. Apr. 20 2*4 Apr. 10 8 1*4 Apr. *4 Apr. 12 8 5 Apr. *4 Apr. 1 i"te 25 8 15*4 Apr. 20 8 3 Apr. 8 12 Apr. 1 6*4 Apr. 6 13*4 Apr. k Apr. 5 47*4 Apr. 26 1V Apr. 28 IX Apr. 10 Apr. 17 4 *4 Apr. 1 *4 Apr. 12 6 X» Apr. 42 237 Apr 19 Apr. 19 ' 1 Apr. 3 Apr. 1 Apr. . 4*4 Apr. 15 eoX Apr. 56 1 1 Apr. 1*4 Apr. 34 Apr. 13*4 Apr. 23 Apr. 4 3*4 Apr. 28 1*4 Apr. X Apr. 5 Apr. 12 12 % Apr. % Apr. 2*4 Apr. 15*4 Apr. 3*4 Apr. 12*4 Apr. 8 Apr. 13*4 Apr. 20 3 3 20 % Apr. 51*4 Apr. 17 3 "1*4 Apr. 28 1 1 1 8 24 5 15 6 IX Apr. 18 4 Apr. 4 *4 Apr. 1 1*4 Apr. *4 Apr. 11 48 10*4 Apr. 25 12 A* 18 A* 22 1*4 Apr. 12 20 Apr. 10 1 *4 Apr. 20 Apr. 20*4 Sale 22 24 Sale 6 1 Apr. 5*4 Apr. 11 S» Apr. 12 8 40 Apr. 6 Apr. 15 22*4 Apr. 26 6*4 Apr. 22 A* 24 6 X Sale 8x 7 *4 7 94 9*4 Sale Sale 6*4 6*4 *4 Sale 6*4 8X 1 1H IX Sale IK 4*4 1*4 Apr. 19 4*4 Apr. 25 X Apr. 26 iA ,rt*4Apr. 10 10 1 5 3 Apr. 3*4 Apr. 2*4 Apr. 2*4 3*4 2*4 Apr. Apr. 10 12 8 6 1 y Sale 2*4 Sale 2*? 4*4 3 Sale Wellington Oil Co common— 4 10$ Sale 3 5 Sale Apr. 10 5*4 Apr. 26 4 10*4 3*4 2*4 10 Sale 2% Went worth Mfg Co 1.25 Western Air Express Corp 1 Western Grocery com. .... .20 X 1 5*4 Sale 8*4 9*4 IK 20 4*4 6*4 5*4 Sale 6*4 Sale X * Wayne Knitting Mills W eisbaum Bros-Bro wer Co Apr. 11 *4 Apr. 11 Apr. 11 1*4 Apr. 12 3 14 20 % (The) Co common..—.* Waitt. & Bond Inc class A 6 5 12*4 r 100 Class B .......——* Walker Mining 1 12 10*4 IX 76*4 43 *4 3*4 10 11*4 —1 15,500 Valspar Corp common ...1 825 $4 conv pref—..... 5 10,400 Van Norman Mach Tool com.5 13,400 Venezuela Mexico Oil 10 .1 25,100 Venezuelan Petroleum.. 440 Virginia Pub Serv 7% pref .100 2,300 Vogt Mfg Corp * 14 *4« 13*| 3*1 Sale 9*4 Apr. 1*4 Apr. 22 15*4 3 *4 Sale 7% preferred—...—.—100 14,700 Waco Airiraft Co 14,700 Wagner Baking com vtc 7% preferred 1*4 23 1*4 .* * 5 7 1 Conv preferred t Util Pow & Light com Wahl 1 22 12 K Apr. 10 5 Apr. 14 238 Apr. 21 *6 Apr. 50 1 com Utility Equities com $5.50 priority stock Utility & Ind Corp com Class B common 4*4 X 58 Sale ■« 2 *4 34 Sale 2 6K % Sale 4 53 33 12 3*4 Apr. Apr. 2*4 Apr. 3 Sale 34 13 K 23 8 49 294 K Sale 2K Sale 14 Sale 5 238 72 Apr. 42*4 Apr. Sale 56 1 v t c... 600 Universal Insurance 3,200 Universal Pictures com....__1 * 1,450 Universal Products Co 9,200 Utah Idaho Sugar Co.......5 5,050 Utah Pr & Lt $7 pref— * 1,000 1,800 6,700 5,800 2,800 6,900 16,000 13,000 2,600 2,300 2 200 Universal Consol Oil Co.... 10 94 Sale 4 5,600 United Stores Corp com v t c_* 16,900 United Verde Extension 50c 300 700 43 K """loo 200 Sale 5 54 '""166 1,600 1,200 Sale 85 * 39,800 United Wall Paper 5*4 "X 12 OK Sale 9,900 U S & Internat Sec com.. * 5,050 1st preferred with warr. * 8,500 U S Lines Inc pref * 3,900 U S Playing Card com 10 8,300 U S Plywood Co common.—.1 5,400 $1.50 conv pref -20 1 6,400 U S Radiator common... 5,400 U S Rubber Reclaiming.....* 1,700 U S Stores Corp com * 840 $7 conv 1st pref * 100 5*4 a* 8 1 24,175 United Shoe Mach com——.25 Preferred 1,500 -25 5,500 United Specialties common..-1 6K 3 Apr. 28 AJi Apr. 3 10 1 Apr. 24 6*4 Apr. 13 42 5*4 Apr. 6y Apr. 1 1 1*4 Apr. 19 4 5 Apr. *4 Apr. 26 1*1 Apr. 1 5 10*4 Apr. 5 4*4 Apr. 3 3*4 Apr. 2*4 Apr. 25 3*4 Apr. 13 Jan. Jan. 25 242 *& Jan. K Mar. 25 8 28 7 OK Mar. 17 1*4 Jan. 3 Apr. 14 42 Jan. 11 2*4 Apr. 12 10*4 Mar. 19 1*4 Mar. 19 85*4 Jan. 3 44 *4 Mar. 20 4*4 Jan. 4 Apr. *4 Apr. Apr. 1*4 Apr. 28*4 Jan. 10*4 Apr. 6*4 *4 68 1*4 36*4 16*4 27*4 4*4 2*4 *4 72 3 50 Feb. 21 2*4 1*4 *4 3*4 Apr. Apr. Jan. Feb. 23 27 % Apr. 25 1*4 Apr. 8 14*4 Jan. 24 3 Apr. 8 12 Apr. 8 6 Jan. 26 6 X Jan. 17 47*4 Apr. 26 1*4 Jan. 1*4 Mar. Apr. *4 Jan. 1 *4 Apr. % Mar. *4 Feb. ^ Apr. 42 108 1 *4 30 25 17 24 12 14 25 25 Apr. 12 10B X eg Mar. 1 Mar. 16 Jan. 11 % Jan. 13*4 Apr. Jan. 5 Feb. 16 Jan. 5 Jan. Mar. 5 Jan. Mar. 8 3 Jan. 5 Jan. 4 Jan. 3 5 2*4 Jan. 15*4 Mar. 20 4*4 Jan. 10 14 Feb. 2 8*4 Mar. 11 19 Feb. 28 % Jan. 60 3 Feb. 28 1*4 Mar. 2*4 Jan. 7 4 54 Mar. 13 Kt 1*4 *4 K 16 Feb. 2 Feb. 6 Jan. 11 Jan. 12 Jan. 18 2*4 Jan. 20 Apr. 10 30 20 Mar. 20 5 28 5*4 Apr. Apr. 38*41 Jan. 6 Apr. 11 12 24 15 4 17 Feb. 20 7*4 Jan. 3 Jan. % Jan. 53 9 5 Mar. 11 Mar. 22 Apr. 10 5*4 Apr. 26 7*4 Feb. 18 19 25 1*4 Mar. 19 6*4 Feb. 28 1 Feb. 28 4 10 oya Jan. 3*4 2X 2*4 2*4 4 Apr. 10 Apr. 12 8 Apr. Mar. 31 9 Feb. 24 1X Jan. 12 7 Feb. 25 5*4 Feb. 23 Jan. 5 3*4 Mar. 14 5 4*4 Jan. 5 Western Maryland Ry— 340 90 400 200 1,100 250 1,000 800 1,000 1,750 2,200 2,800 7,700 1,200 20 210 500 3.700 2,900 2,100 12,800 8,400 2,700 28,500 7,500 121,300 2,200 7% 1st preferred-- 100 Western Tablet & Stationery— 750 Common.. .* 625 Westmoreland Coal Co..... Westmoreland Inc ......... West Texas Utilities Co— 840 $6 preferred---* 7,500 W Va Coal & Coke com Weyenberg Shoe Mfg Co. 1 Williams (R O) & Co... * Williams Oil-O-Matic Htg...* Wilson Jones Co com * Willson Products Inc. —-1 Wisconsin P & L 7% pref.-lOO Wolverine Port Cement-....10 Wolverine Tube Co com.... Woodley Petroleum Corp.__.l Woolworth (F W) Ltd— Am dep rets ord shs 5s Wright-Hargreaves Ltd-.-.-.* 12,000 Yukon Pacific Mining Co—.-5 For footnotes see page 53 ■ 50 Sale 15 16 32 15 10*4 13 91*4 Sale X Sale 5*4 Sale 5 2 5 2*4 2*4 4*4 Sale 8K 6 8 . 32 Apr. 10 50*4 Jan. 4 11 Apr. 3 10 Apr. 6 Jan. 6 15 10 Feb. Jan. 6 9 Apr. 28 82*4 Apr. 3K Sale 6*4 Sale 154 Sale 5*4 5*4 1394 14*4 8*4 Sale 1 Sale 91*4 Apr. 1 Apr. 5*4 Apr. 5 Apr. 2*4 Apr. 8 Apr. 1 2 5*1 2*4 5*4 5*4 13*4 14 7*4 Sale % 1*4 19 2*1 Apr. 12 4*4 Apr. 5*4 Apr. 1 8 12 Apr. 10 7*4 Apr. 11 1 Apr. 1 1 1 1 3 5 84 Apr. 22 2*4 Apr. 11 5*4 Apr. 3 5*4 Apr. 3 13*4 Apr. 8*4 Apr. 1 Apr. *4 5*4 4*4 1*4 Jan. 4 Apr. 11 Jan. 3 Apr . 18 Apr. 10 7*4 *4 Apr. 11 794 8 6 Apr. 20 6 5*4 Apr. 10 4*1 Apr. 18 1*4 Apr. 10 7 Apr. 12 2*4 7*4 40 Apr. 88 Sale 8 *4 Sale Apr. 10 10 9 10 ^r.31 86 82*4 Apr. 19 2*4 Apr. 12 4*1 Apr. 1 5k 4 1 1 1 Apr. 8 12 Apr. 10 7*4 Apr. 11 Jan. 26 97 Mar. 1*4 Jan. 8 5 7*4 Mar 24 . 6*4 Jan. 3 10 9 Jan. Jan. Jan. 18 6 4 7 92*4 Mar. 10 2*4 Feb. 2 8*4 Jan. 3 6*4 Jan. 10 15*4 Mar. 14 8*4 Feb. 27 1*4 Jan. 6 NEW 50 YORK EXCHANGE CURB AGGREGATE ; PRICES IN APRIL SALES In April April 1 1939 Bid 1967 4,278,000 Alabama Power 4%s 365,000 1,308,000 428.000 817,000 1956 1968 1st 5s 1946 5s registered -1946 1st & ref os 1951 5s registered ------1951 Aluminium Ltd 5s 1948 Amer Gas & Elec deb 5s.-2028 American Power & Light— 6s 2016 6s registered- JL---2016 Amer Radiator deb 4%s— 1947 American Seating 6s stpd-1946 1st & ref 5s os - 79,000 847,000 1,821,000 90,000 94,000 129,000 1,559,000 1,000 1,381,000 98,000 1,247,000 4,000 189,000 1.000 167,000 212,000 3,000 37,000 5s ex-warr Baldwin -——-1947 Locomotive 81 % Sale 9654 Sale 8634 88 103 34 Sale 98 % Birmingham Gas 5s 1959 Broad River Power 5s A--1954 534,000 185,000 179,000 Canada Nor Power 5s 440,000 Canadian Pacific Ry 6s-., 2,163,000 Carolina Pr & Lt 5s 102,000 Cedar Rap Mfg & Pow 5s. 131,000 Cent Ohio Lt & Pr 5s A— 292,000 Central Power 5s ser D—. 2,043,000 Central Pow & Lt 5s 620,000 Cent States Elec 5s 5%s_.. 2,187,000 1,826,000 Cent States Pr & Lt 5%s_. Chicago 111 Midland Ry— 4%s series A 270,000 Chicago Junction Rys & _. . 10634 10854 Sale 8534 Sale 85. 1953 1942 1956 1953 1950 1957 1956 1948 1954 1953 115 10034 89 Sale 83 85 1966 - 1950 9854 10454 4434 Sale 69% 75 68 80 7334 Sale Sale Sale Highest Sale Prices 10454 105% 102% Apr. 103*1!! 104 10834 Sale 8854 Sale 12 104% Apr. 3 5 Apr. 103% Apr. 24 105 108 5 108% Apr. 28 Apr. 104 100 83% Apr. Apr. 105% 104 Sale 99% Apr. 10634 10654 10734 106 108% 10934 10934 107% 122 120 121 11954 10454 105% 104% 10454 105 101 % 104 Sale 104 Sale 53 54 47% 5234 Sale 106 108 10 89 Apr. 25 1971 334 s series N 36 38 37 39 35 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3754 Sale 3754 Sale 33% Apr. 36- Sale 3654 Sale 31 48. 5054 4034 Sale 45 47 4054 Sale 43 37 40 75 7834 7634 7734 73 12 105% Apr. 25 12 101% Apr. 1 6 107% Apr. 28 11 10954 Apr. 28 25 120 104 105 10554 8734 Sale 93 86 8954 103 103 105 105% 10534 104 89 88% 91 88 Apr. 28 Jan. 102 Jan. 102% Mar. 27 24 106% Mar. 4 98 Jan. 30 105 103% Apr. 24 106] 108 5 1093 Apr. 83% Apr. 10 Feb. 104 Apr. 99% Apr. 106 8 Apr. 107% Apr. 11854 Jan. 14 102% Jan. 1 10134 Jan. 41% Jan. Mar. Mar. 13 Jan. Jan. 96% Mar. 10 6 107% Mar. 9 Mar. 7 3 123% Mar. 17 3 105 Mar_2 3 104% Jan. 20 14 63% Mar. 9 42 3 Mar. 9 11 111 55 38 Apr. 24 31 10 40 Apr. 3 29% Jan. 44% Mar. 39 38% Apr. 22 49 Apr. 6 43 Apr. 3 40 Apr. 20 78 Apr. 3 27% Jan. 10 104 8 Apr. Apr. 14 Apr. 11 Apr. 20 Apr. 17 3 88 Apr. 18 104 Apr. 20 106 Apr. 27 89 Apr. 4 Apr. 5 Apr. 27 Mar. 40 Jan. 30 Jan. 35 Feb. 59 tl* 40 72% Jan. Mar. 78 102% Jan.. 104 Apr. 89 Apr. 85 Sale Feb. 17 10 3 92 Feb. 9 12 106% Jan. 21 12 102 Mar. 6 11 8 10 105 3 4 Apr. Apr. Apr. Apr. 91 96 Sale 82% Apr. 108% Apr. 120 Apr. 123% Apr. 140% Apr. 96 90 Apr. 80% 80% Apr. 94 92 Apr. Sale 10834 Sale 12334 12034 12134 123 34 125 34 123% 125% 143 141 146 139 109 122 95 9634 Sale 8554 Sale 8034 92 9234 94 103 11354 10234 8334 9934 3834 38 6434 101% 105 10554 10454 Sale 97% 103 104% 105 11534 11354 11554 114 102 101 10254 101 Sale 81 84% 87 Sale 10054 Sale 98% Sale 36 3854 Sale Sale 39 3954 34% Sale 60 6454 Sale Sale 100 Sale Sale Sale 101 98 10354 103 103% 103% 103 51 Sale 45 Sale 44% 67 76 72% 7834 71 74% 80% 8434 73% 77 75 Sale 9 Mar. 22 Mar. 9 Mar. 9 Mar. 9 Apr. 20 Mar. 14 Mar. 9 105% Mar. 1 10634 Mar. 16 91% Mar. 3 Feb. 99 19 109 8 122% 6 124 Mar. 9 Jan. Jan. Mar. 4 Apr. 87 82% Apr. 108% Apr. 120 Apr. 18 140% Apr. 11 11 27 14 3 Apr. 1 Apr. 6 Apr. 6 Apr. 4 145 Apr. 1 96% Apr 3 863a Apr. 94 Apr. 15 873a Apr. 21 10 10134 Apr. 28 3 8 40% Apr. 3 10 41 Apr. 3 10 64% Apr. Apr. 11 101% Apr. 11 1025? Apr 3 3 7654 Sale 76% Sale 78% Sale 82 8134 Sale 9634 99 62 64% & Fuel 4s A. .1956 Ilium 3%s-_ .1965 Lt 5s .2030 Lt & RR 5s. .1956 41,000 .1956 5s registered 1,000 El Paso Elec 5s A .1950 96 104 61 Sale 105 Apr. 8 Apr. 11 102% Feb. 84 Mar. Feb. 74% Apr. 3 73% Apr. 3 67% Apr. 11 74% Apr. 10 75 Apr. 10 73 74% Apr. 82 8 Apr. Apr. 81% Apr. 82 5034 Sale 10734 108 8434 Sale 10234 10334 5034 Sale 893 95 Sale 95% Sale 10434 Sale 1956 90 97 82 73 86 Sale 109% 110% 109% Apr. 26 111 2634 100 41 60 % Sale 111% Sale 69 111% 108 Sale Apr. 52 86 Sale 99% Sale 15% 19 94 Sale 97% Sale 98 Sale Sale 104 93 87 Sale 83% Sale 66 6634 36% 45 10754 108 83 83% 99% Sale 19 35 92% 93% 99% Sale 98 82 89 84 70 Sale 84 91 % Sale Apr. 11 Apr. 8 20 100 6 103 Apr. Apr. 10 102 Apr. 99 19 91 5 100 Apr. Apr. 15 19 94 Apr. 11 Apr. 10 99% 92 11 86 90 78 Apr. 21 Apr. 21 8 Apr. 84 93 85 77 86 Mar. Mar. 9 86% Mar. 9 1 9 109% Apr. 26 111% Mar. 25 104% Jan. 5 106% Jan. 4% Apr. 4% Apr. Apr. 4 Apr. 4 5 Apr. Apr. 27 97 Feb. 28 Mar. 13 Mar. 9 Jan. 11 Jan. 4 53% 109% 6634 107% 109% Apr. Apr. Apr. Jan. Mar. 102 Apr. 99% Jan. 106% Mar. 28 6 108% Jan. 24 20 21 17 22 11 Feb. 66% Jan. 30 102% Mar. 11 81 Apr. 11 99 15 Apr. 20 Mar. 90 78 73 87 Mar. 9 8 94% Mar. 11 99% Apr. 28 4 103% Mar. 20 81 3 14 87% Mar. 13 104% Feb. 89% Jan. 92 Apr. Jan. 18 Mar. 10 81% Mar. 10 39% Apr. 12 50% Jan. 6 108% Apr. 107% Jan. 95 3 2 9% Feb. 1% Jan. 10 3 1% Feb. Mar. 24 19 111 3 3 10934 Mar. 104% Jan. 5 6 1 4 Apr. 1 Apr. Apr. 27 10 10 112 11 Apr. 18 Apr. 15 1 Apr. Apr. 28 1 / Apr. 19 91 Apr. 96% Apr. 10 104% Apr. 28 3 62 67 Apr. 14 Apr. 25% Apr. 17 25% Apr. 17 89 9 2 101 4 3 96% Apr. 10 98 34 Apr. 103% Apr. 19 104%. Apr. 27 81 Mar. Mar. 77 4 3 Apr. Apr. 11 Apr. 17 Apr. 9 87 Mar. 3 Jan. 9 131 Feb. 17 129 Mar. 7 Jan. 5 10054 Apr. 13 102 128% Jan. 20 125 Jan. 74% Apr. 100% Jan. 92% Apr. 27 39% Apr. 12 40% Apr. 17 10754 Apr. 27 10834 Apr. 14 81 6734 Apr. 11 72% Jan. 12 72% Jan. 12 5 Apr. 25 53% Apr. 11 62 109% Apr. 10 111% Apr. 26 3 66% Apr. 11 71 % Apr. 102 76 9 14 74% Mar. Mar. 66 5834 Apr. 19 68 7934 Apr. 10 91% 96% Jan. 10 10834 68% 61 Jan. 31 77 91 Sale 89% 90% Sale 101% Sale 104 65 65 67% 63% 27 Apr. Apr. Apr. 1 110% 110% Apr. 10 110% Apr. 27 103% 102% 104 101% Sale 107% Sale 85 Sale Sale Sale Sale 101% Sale 98 Sale 8734 9734 Sale 60 8 Sale 77 Apr. 28 59% 61% 5834 Apr. 19 62 Apr. 6054 63 87% Sale 8354 Sale 793a Apr. 10 87% Apr. 107% Sale 107%$ Sale 107%«Apr. 29 107% Apr. 55 57 66% 59% 95 Sale 92% 93% 92% Apr. 27 96 Apr. 61 110 70 107 15,000 634s Erie Lighting 5s 113,000 3 3 3 6 9 Apr. 21 104% Jan. 55% Jan. 10 44% Apr. 70% Jan. 14 7834 Feb. 28 8 72% Jan. 17 81 % Apr. 78 Sale 112 Sale 112 10434 99% 100 593,000 AGen Rayon Ltd 6s A—-1948 8,000 356,000 Gen Wat Wks & El 5s A—1943 Georgia Power ref 5s 1967 4,530,000 1978 347,000 Georgia Pow & Lt 5s AGesfuerel 6s 1953 5,000 Jan. 78% Mar. 61J4 110% 74% 10834 JL953 .1967 40",666 Gen Bronze conv deb 6s..1940 Gen Pub Serv Co 5s 1953 66,000 Gen Pub Utilities 634s A—1956 Jan. 55% Jan. 66 Apr. 129% 131 129% 131 10034 102% 100% 102 10054 Apr. 13 10054 Apr. 13 6 6 126% Apr. 126% 128% 126% 128% 126% Apr. 111 4 Mar. 16 71% Jan. 72% Jan. 106 10734 104% 106 104% Apr. 19 106 8 108 10734 1 C\QVo 107% 109 109% 106% Apr. 4% Sale 4% Apr. 20 5% 6% 6% 5 6 6 4% 4% Apr. 21 4% 1 % 34 Apr. 17 54 % % % 54 Apr. 22 .1952 ...1944 -.1956 Sale Apr. Mar. 14 115% Mar. 16 103% Mar. 16 91% Mar. 9 102% Mar. 11 46 Mar. 13 46% Mar. 11 69% Mar. 7 Feb. 32 Mar. 15 1 78 Sale Sale 1 1 Ercole Marelli Elec Mfg- Federal Water Serv 5%s_-1954 Finland Residential Mtge 6s stamped 1961 53,000 AFirst Bohemian Glass 7S-1957 6,000 Florida Power Co 4s C-.-.1966 800,000 4,331,000 Florida Power & Lt 5s....1954 105 105 105 35 98 734 734 54 54 106 34 106 34 69,000 814,000 Empire Dist Elec 5s 221,000 71 72 7734 Sale 7734 Sale 10954 11054 Sale 70 7134 Sale 1958 AUtfs of deposit Jan. Apr. Jan. 3 7 Mar. 13 Jan. 17 Mar. 11 103 8 7734 Sale 7734 Sale 1941 1952 94 74% Mar. Cuban Telephone 7%s Cuban Tobacco 5s f deb 7s Jan. 76 60 1944 Cudahy Packing Co 3%s..1955 Jan. Apr. Apr. 98% Apr. 1 11 66 Mar. 101 81 Apr. 21 103% Apr. 3 5 51 Apr. 29 Apr. 8 Apr. 72% Apr. 26 Apr. 28 81% Apr. 8 Apr. 69% Sale 81 4 102% Apr. 1 97% 102% Apr. Apr. 18 96% 3 11534 Apr. 12 113 10 116% 110% 123% 126% 148% 97% 69% Jan. 1 105 Apr. 70% Sale 7054 Sale 86 11 72 7054 Sale 123 13 105 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 73% Sale "7l% Sale' 1943 Gary Electric & Gas— 5s ext stamped 558,000 566,000 Gatineau Power 5s.. 5s registered—; 3 97 27 104 Jan. 87 78 "71" Sale 6s A stamped Continental G & El 5s „ 81% Jan. 96 39 120 Consol Gas Utilities— pageZ53. Lowest Sale Prices 66 Consol G E L & P Bait— 1,834,000 Eastern Gas 217,000 Edison Elec Elec Pow & 1,636,000 Elmira Wat 8634 Sale 10454 10134 10234 - s Highest Sale Prices 1950 151,000 Delaware Elec Pow 5%s—1959 1949 106,000 Denver Gas & Elec 5s 502,000 iDetroit Int. Bdge 634s—1952 iCtfis of deposit see 105 10434 106 10834 Sale 10434, 105 Sale 9634 Sale 115 11534 101 10154 8334 Sale 10034 Sale 3534 Sale 3534 Sale 5734 Sale Community Pow & Lt 5s—1957 75% Sale Community Pub Serv 5s A1960 10034 Sale Conn Ltg & Pow 7s A 1951 12934 133 Consol Gas of Bait 5s 1939 102 10334 4%s_--1954 125 127 A25-yr Ask 1966 _ - For footnotes 104 102 98 5s 1958 1,083,000 5s registered 1958 1,000 5s 1969 442,000 5,901,000 Cities Service P & L 5 Ms. 1952 5%s gold deb 1949 1,606,000 320,000 114,000 35,000 Lowest Sale Prices April 29 8 97 9654 Sale 9434 Sale Apr. 28 89% Apr. 10154 10234 10234 103% 10154 Apr. 10 102% Apr. 14 95% Apr. 10 101% Apr. 28 10154 Sale 10034 Sale 105 106 10634 Sale 10434 Apr. 10 10634 Apr. 29 10334 Sale 104 138,000 456,000 X AChic Rys 5s ctfs of dep.. 1927 17,000 Cincinnati Street Ry 5%s. 1952 1955 6s series B—; 35,000 353,000 3,691,000 414,000 59,000 529,000 Sale 11034 Sale 12034 121 124 12534 144 14434 8734 69 7234 1956 191,000 Cities Service 5s 5s registered 4,000 Conv deb 5s 5,922,000 5s registered1,000 J Ask Bid 88 105 100 Union Stock Yards 5s_. 1940 77,000 Sale 106 Bid Works— 2,487,000 ^Convertible 6s 1950 640,000 Bell Tel of Canada 5s 1955 229,000 1st M 5s ser B June 1 1957 111,000 5s series C --I960 60,000 Bethlehem Steel 6s 1998 1,580,000 Birmingham Elec 4%s—1968 689,000 217,000 10,000 22,000 39,000 Ask Appalachian El Pow 4%s_1948 4s —1963 Appalachian Power 6s—-2024 11854 Sale Ark Louisiana Gas 4s 1951 102% Sale Arkansas Pr & Lt 5s 1956 101% Sale Associated Elec 434s — 1953 47 Sale Assoc Gas & Elec 4%s 1948 33 35 4 %s registered 1948 5s 1968 34 Sale 5s registered 1968 4%s series O 1949 33 Sale 5%s -—1977 43 46 Cony deb 5s— 1950 35 Sale 5s registered 1950 Assoc Tel & Tel 5%s A—-1955 7334 7554 5%s A registered 1955 Atlanta Gas Light 4%s_—1955 10334 Atlantic City Elec 3%s—-1964 10434 Sale Avery (B F) Sons 5s w w—1947 9134 93 102,000 209,000 56,000 353,000 1,498,000 1,849,000 43,000 1 Jan. 3 BONDS— $ RANGE SINCE JAN. Price NEW YORK CURB EXCHANGE Since Jan. 1 21 Apr. Apr. 21 8 Apr. Feb. 20 9 Jan. 99% Mar. 30 105 Jan. 31 90 Jan. 3 97% Jan. 9054 Mar. 4 8 19 92% Mar. 10 75 Jan. 95% Jan. 27 104% Apr. 28 Jan. 27 70% Mar. 10 Mar. 3 25% Apr. 17 29 58 new MAY, 1939] york aggregate Jan. 3 Jan. 1 BONDS (Continued) 147.000 Grand Trunk West Ry 4s 1950 19.000 Great North Pow 5s stpd--1950 •. 30,000 Grocery Store Prod 6s—.1945 23.000 Guantanamo & W Ry 6s__1958 Guardian Investors Corp— 122,000 5s series A 1948 Bid 56 67 M 63 88 89 72 M Sale 59 89 108 M 109 M 49 M 54 48 53 44 41 Ask Bid Sale 108M 111 46 M 51 45 37 65% 47 42 % Ask . Sale 65% Apr. 29 68 65 Apr. 28 89 Sale Apr. 10 89% Apr. 107% 108% 107% Apr. 17 108M Apr. 50 55 50 Apr. Apr. 17 50 45 43 45 Apr. Apr. 12 45 89 M 36% 40 36 Lowest Highest Sale Prices Sale Prices Highest Sale Prices 68 Apr. 3 67 Apr. 28 Sale Prices 65 68 90 M Lowest April 29 April 1 Ask Bid 510,000 Glen Alden Coal 4s --1965 85,000 Gobel (Adolf) deb 4%s_--1941 7.000 24,000 exchange 1939 $ $ 79,000 8,000 60,000 2,000 1,000 curb 1 Price new york Since Aprli range since jan. prices in april sales In 51 exchange curb 40 Apr. Apr. 10 Apr. 12 100M Apr. 3 3 17 12 65% Apr. 29 72% Jan. 60 Jan. 4 72 Jan. 87 Jan. 16 91 Mar. 11 3 10 107% Apr. 17 109M Mar. 3 47 Mar. 31 52M Jan. 16 Jan. 9 45 Apr. 12 53 Feb. 50 18 5 36 Apr. 10 3 98 Apr. 12 101 % Mar. 28 5 99% 26% 22 M 21,000 271,000 Hall Printing 6s A stpd—1947 AHamburg Elec Co 7s 1935 34.566 AHamburg E & Und Ry 5%s'38 384,000 Heller (W E) & Co 4s w w.1946 41,000 Houst Gulf Gas 6Ms x W--1943 75.000 6s 1943 8,000 45,000 Houston Lit & Pr 3%s—-1966 109 m le'ooo AHungarian-Ital Bk 7 %s__1963 Hygrade Food 6s ser A 1949 22.000 6s series B-. 1949 63 M 63 M 65.000 19",066 81,000 15,000 5,000 24,000 62.666 107,000 231,000 231,000 51,000 12,000 111,000 47,000 1,000 22,000 45,000 79,000 40,000 25,000 42,000 22,000 314,000 77,000 135,000 154,000 64,000 20,000 34,000 67,000 22,000 16,000 307,000 52,000 78.000 174,000 13.000 25,000 172,000 140.000 28,000 4,000 87~O66 116,000 Idaho Power Co 3 %s 33,000 Illinois Nor Util 5s. 421,000 Illinois Pow & L 5 Ms 829,000 5 Ms series B 1,244.000 6s series A 24.666 66,000 16,000 145,000 1957 1957 1954 2,004,000 5s series O 220,000 Indiana Elec Corp 6s A 90,000 6Ms series B 460,000 5s series C 1953 1956 1947 1953 1951 148,000 Indiana Hydro-Elec 5s A--1958 50,000 Indiana & Mich El 5s 1957 54.000 1955 1st & ref 5s 277.000 Indiana Service 5s 278,000 1st lien & ref 5s 209,000 Alndianapolis Gas 5s A 1950 1963 1952 123,000 Int Pow Sec 6%sseries C-.1955 98.000 7s series E 1957 58,000 7s series F 1952 1,864,000 Interstate Power 5s 1957 683.000 Debenture 6s 1952 Interstate Public Service 921,000 5s series D 1956 1,305,000 4 Ms series F 1958 1,048,000 Iowa-Nebraska L & P 5s__1957 105,000 5s series B 1961 136.000 Iowa Pow & Lt 4M8 A 1958 328,000 Iowa Pub Serv 5s 1957 1.000 4,000 151,000 4,000 32,000 60,000 12,000 15,000 135,000 183,000 93,000 121,000 295",000 108,000 104,000 40,000 10,000 259,000 229,000 52,000 30,000 27,000 28,000 184,000 95 100 103 102 103 % Sale 100 M 21 OQ Sale Sale 58 107 86 Sale 99 M Sale Sale 103 % Sale Sale 97M Sale 98% 100 99 % 100 M Sale 86 . D 5Ms series F 369,000 1969 1961 1948 1955 Dist Power— 3% % series A 1,208,000 Lehigh Pow Secur 6s 1966 2026 4,000 ALeonard Tietz Inc 7ms--1946 242,000 Lexington Util 5s 1952 184,000 Libby McNeill & Libby 5s_1942 192,000 Long Island Ltg 6s 578,000 Louisiana Pow & Lt 5s 1945 1957 25,000 7s ex-warrants 1941 61,000 Marion Reserve Pow 4ms-1952 8,000 McCord Rad & Mfg 6s 1943 84% 90,000 Nassau & Suffolk Ltg 5s—1945 1,071,000 Nat Pow & Lt 6s A 2026 1,507,000 102,000 106,000 188,000 115,000 971.000 59 62 60 86 86 99% 103% 96% 99% 87 Sale Sale Sale 100 Sale 101 Sale Sale 110 110M 106 M 56 M 107 104 93 90 % 92 Sale 109 % 109% 106% 105% 106 58M 60 52 53 58 M Sale 52 Sale 72 55 % 80 66 M 70 48 54 40 49 53 55 M 44 55 47 58 M 40 Sale 44 Sale 58 M Sale 43 M Sale 87 Sale 77 100 % Sale 100 M 100% 105 M Sale 104 M 105 105 M 84 M 102 Sale 105M Sale 79 80 44 Sale 53 37% 40 40 42 Sale Sale 59% 50 Sale 43 Sale Apr. 22 4 Apr. 60 60 Sale 107% 105 43 107% Sale 104M 41 49 M 78 60 39 36 108 Sale 91 Sale 91 93 M Sale Sale 99 100 107 Sale 102 103 92 M Sale 92 Sale 103 104 94 101"' Sale 92 90 106 M Sale 26 M 102 M 103 M 80 60 95% Sale 89% 107 109 73% 100 29 M 95% 99 % 87 105% 110M 60 74M Sale 74 77 98 Sale 92 M Sale Deb 5s series B 2030 36 38 t ANat Pub Serv 5s C O D-1978 Nebraska Power 6s 2022 115M 116 4Ms ---.1981 107 M Sale 96M 98% Neisner Bros Realty 6s—1948 78 Sale Nevada Calif Elec 5s 1956 121 70 Sale 50 105 % 107 120 123 13 108% Apr. 97% Sale 108% HO 82 100 M 84 99 M 95 % 35 119 Sale Sale 85% Sale Sale 38 % Apr. 55 8 Apr. 40 Apr. 10 60 31 4 Apr. 5 46M Apr. 6 46M Apr. 61 Apr. 28 44 % Apr. 3 40 Apr. 28 46 M Apr. Apr. 18 105 M Apr. 105M Apr. 20 106% Apr. 104 Sale 98 104 Sale 102 M Apr. 110M Sale 107% Apr. 20 Sale 119 29 29M Apr. 104% 103% Apr. 52 52 Apr. 82 85 17 8 20 93 M Apr. 13 1 14 13 22 8 13,000 42,000 31,000 13,000 26,000 34,000 73,000 For footnotes see page 53. 97 45 107 % 47 % 107 M 105M 106 105M Sale 104M Sale Jan 49 Mar. 2 3 Jan. Mar. 6 30 47 Jan. 4 Jan. 12 Jan. 3 Mar. 10 Mar. 3 Feb. 24 Apr. 18 107 105M Jan. 30 106% Mar. 21 Mar. 17 103% Jan. 10 108 119 Apr. 20 121% Mar. 17 2 101M Apr. 10 103% Mar. 97 Mar. 1 88% Apr. 11 89% Apr. 10 97% Mar. 6 Jan. 19 101 Apr. 14 105 3 100% Mar. 14 93% Jan. Apr. Apr. Apr. Apr. Apr. Apr. 100 107 5 104 3 110% 30 Mar. 18 103 Jan. Jan. Apr. 22 Apr. 1 Apr. 25 Apr. 18 95 24 102% Jan. 91 Jan. 11 105 4 95 Apr. 29 Feb. 3 Mar. 2 Mar. 1 Feb. 14 Jan. 14 26 107% Apr. 28% Jan. 103 % Jan. 29M Apr. 105% Jan. 29% Mar. 6 11 7 104% Mar. 13 66 Feb. 27 5 52 95% Apr. Apr. 26 1 Apr. 106M Apr. 21 4 110 M Apr. 96M Apr. 20 3 64M Apr. 101 87 Apr. 8 96% Feb. Jan. 11 101% Feb. 91% Mar. Apr. 14 105% Apr. 20 108% Feb. 107% Jan. 11 110% Mar. 98% Mar. 3 93% Jan. 66% Mar. 59 Feb. 23 18 95% Apr. 28 92 18 82 10 15 30 31 15 13 101% Mar. 16 8 98% Apr. 11 109% Apr. 8 82 Apr. 88% Jan. 12 99%?Mar. 13 108% Apr. 11 109%.Feb. 20 73)^ Jan. 10 87 *Mar. 11 10 100% Apr. 100 Jan. 3 83 % 84 Apr. 24 Apr. 5 107% Apr. Sale 99 Apr. Sale 3 100 95 Apr. Apr. Sale 38 33 Apr. 11 Apr. 8 120% Apr. Apr. 120% 119 3 110M Apr. 112 109M Apr. 103 M Apr. 99M Apr. 10 101 77 Jan. 98 Jan. 86 Mar. 8 5 3 107% Apr. 29 3 100 Apr. 29 97M Apr. 102 Apr. 86% Apr. 95M Apr. Sale Sale 108M Apr. 76 Apr. 81M Sale 100% 100% 100% Apr. 107% 100 37 M 85 Sale Sale 95 99 82 76M Apr. 11 83 89 % 81 Sale 107 Sale 106 4 53 10 Apr. Apr. 95% Apr. Sale 48 Sale 50 Apr. 50 110 107 % Apr. 107 % 108 % 108 105 105 M 105 M 105% 104% Apr. Sale 105 105 % Sale 104% Apr. 103 M 104 M 103 % 104 M 102 Apr. 106 54 Sale 54 56 97 Sale 97 Sale 11 11 10 14 12 10 14 101% Mar. 14 Jan. 5 14 105 4 95% Feb. 101%|Feb. 6 7 92% Jan. 38 Apr. 29 Apr. 11 5 120% Apr. 26 115% Jan. 3 110% Feb. 10 107% Jan. 33 96 Jan. 76% Apr. Apr. Apr. 15 101M Apr. 93% Apr. Apr. 11 Apr. Apr. 17 103 85 81 Apr. 29 Apr. 106 % Apr. 12 107% Apr. 99% Apr. 12 102M Apr. 100 103 Sale 102M Sale 113M 113% 113M 106 Jan. 92 % Mar. 15 87% Mar. 11 3 26 102% Feb. 27 26 102 M Feb. 18 9 98 % 109 M 102 58 Sale 40 Jan. Mar. 55M Mar. 9 69% Feb. 28 38 101M 102 M 100 % 93% 93% Sale 100 105% 103 2I",656 5 52M Jan. 54 104 1 100 % 102 92 M Sale 101 % 102 M 107 % 5 Mar. 14 63 62% Mar. 14^ 5 83 M Jan. 3 262,000 5s stamped--..* 1942 548,000 a6s series A 1949 111,000 NY Cent Elec 5 Ms 1950 60,000 AN Y Pa & O RR 4 Msstpd 1950 1,116,000 N Y P & L Corp 1st 4MS--1967 Sale Jan. 107 8 65,000 82,000 2,000 28,000 268,000 225,000 Sale 9 28 31 118M 119M 118% H9M 118M Apr. 14 118M Apr. 24 3 60 M Sale 65 Sale Apr. 58M Apr. 19 67 6 60 61 62 M Apr. 20 65 Sale 66% Apr. 3 67 59 61 Sale Apr. 20 Apr. 65% Sale 3 90 91 92 Sale 87% Apr. 11 92 M Apr. 1 90 Apr. 10 95% Apr. 95 % Sale 95% 94 109 109 M 109 Apr. 17 109 Apr. 17 108M 112% 105% Sale 8 110% Jan. 3 108 Jan. Apr. 18 105 52M Apr. 11 80 Feb. 23 Apr. 22 44 55% Sale 54 % Sale 91M Sale 93 M Sale 107 % Sale 1,460,000 N Y State E & G 4Ms 1980 8,000 N Y & Westchester Ltg 5s '54 66,000 4s 2004 42,000 Nippon Elec Pow 6Ms 1953 340,000 Nor Amer L & P 5Ms A—1956 227,000 Nor Cont Util 5Ms A 1948 101,000 Nor Indiana G& E 6s__—1952 201,000 Nor Ind Pub Serv 5s 1966 292!000 5s series D 1969 389,000 4Ms E 1970 21 94 % Mar. Mar. 94 93% Apr. 97% Apr. 102 Apr. 82% Jan. 119% 120)4 87 Sale 21 Feb. 103 1 Apr. 3 14 100M Apr. 14 103 M Apr. 28 12 92 Apr. 27 97 M 109 M 109% 110M 100 M 100 % Sale 79 M 79 M Sale 83 100% Jan. 25 18 18 8 28 105M 103% 39% 59% 15 104M Apr. 5 52 Apr. 95% Apr. 99% Apr. 82 Apr. 105 M Apr. 109% Apr. 95% Apr. 60 Apr. Mar. 11 101 109% Mar. 104 Apr. 50M Apr. 49 Apr. 68 Apr. 22M Jan. 102 104% Mar. 14 Jan. 98% Jan. 1 104 Apr. 29 13 110M Apr. 27 103 % 90 8 27 Mar. 10 103 Apr. Apr. 99M Apr. Apr. 86 Feb. 65 110% Feb. 27 7 105% Jan. 7 93 % Mar. Jan. Apr. Jan. 85 98 40 99 Apr. 4 101 Sale 103% Apr. 29 104M 95 94 M 92 Apr. 4 106 % Sale 106% Apr. 1 107% 101 85M 95% 101 % 94% 96M 66M Mar. 77 118 80 4 82 8 3 90 Apr. Apr. Apr. 10 85M Apr. 21 3 Apr. 11 102% Apr. Apr. 28 102% Apr. 27 3 108 Apr. Apr. 20 1 Apr. 18 105 Apr. 5 Apr. Apr. 11 47 Apr. 19 63 Apr. 10 3 Apr. 22 36M Apr. 45,000 New Amsterdam Gas 5s—1948 1,381,000 New Eng G & Elec Assn 5s 1947 407,000 5s 1948 1,593,000 Convdeb5s 1950 1,406,000 New Engl Pow Assn 5s 1948 1 099,000 Deb 5%s1954 53,000 New Eng Pow Co 3 Ms A-.1961 New Orleans Pub Serv— 74 107 % 99 M 27 36% Apr. 36M Apr. 41% Apr. 55 Apr. 38M Jan. 7,000 210,000 64,000 353,000 212,000 122,000 4,000 54 M 54 % Jan. Apr, 107M Apr. 3 44 Sale Sale 106% 107 HO Sale Sale 95 M Sale 99% 58 M 70 60 Sale 18 93 M 93 Sale 99 % 100 99 % Sale 103 103 % 103 % Sale 90 Sale 87% Sale 99 41 103 % 96 M 104 93 96 M 96M 100 % Sale Sale Sale 36 % Apr. 25 36M Apr. 18 Apr. 20 120% 101M Apr. 10 102 94 88% Apr. 11 94 89M Apr. 10 101 Apr. 14 104 6 99 96 Apr, 102 104 % 105 % 104 45 50 62 Sale Sale 109 % 108 Sale Sale 106 % Sale 97 Sale Sale 104 M Sale 82% Sale 89 99 50 102 104 M 92 M Sale 99 % 99 M 97 102 M Sale 109% Sale 27 100 103 M 103 60 3 Apr. 10 89M Apr. Apr. 10 101 Apr. 25 3 1 104 Apr. Apr. 1 8 97% Apr. Apr. 1 Apr. 10 100% Apr. 3 Apr. 10 101 Apr. 1 85 8 Apr. 90% Apr. 92 8 88M Apr. Apr. 21 109% Apr. 26 109% Apr. 26 104 8 105 M Apr. 20 Apr. 3 59 50 M Apr. 11 Apr. 1 49 8 Apr. 58M Apr. 4 68 80 Apr. Apr. 18 84% 84% 79% 102M 99% 100 M Sale 107% 105M 103% 44 39% 44 M Sale 41 Sale 104 % 105% 104 % Sale 106% Sale 105% Sale 120M 90 83% 102 M 100M 105 102 M 26M Mar. 6 100M Mar. 30 Apr. 1 103% Jan. 12 110M Mar. 20 Jan. Jan. Jan. Apr. Apr. 59 Apr. 27 4 Apr. 85M 95% 102 % 94% 96 M 99M Sale 102 M 103 M 100 M Sale 102% 103M 119M 44 % 88 103 M 105 Memphis Comm'l Appeal94% 38,000 Debenture 4Ms -1956 93 1,266,000 Memphis P & L 5s ser A.-.1948 88 21,000 Mengel Co 4 Ms 1947 106 142,000 Met Edison 4s series E 1971 108 185,000 4s series G__ 1965 93% 105,000 Middle Sts Petrol 6Ms A--1945 60 117,000 Midland Valley RR 5s 1943 618,000 Milwaukee G L 4Ms 1967 1,175,000 Minn Pow &Lt4Ms 1978 531,000 1st & ref 5s 1955 944,000 Mississippi Pow 5s* -1955 5s registered -1955 1,765,000 Miss Power & Light 5s -1957 221,000 Miss River Power 5s 1951 466,000 Missouri Pub Serv 5s A—1960 147,000 Montana Dakota Util 5Ms '44 62 101M 100 90 M 89 % 40 105 6 Ms series 59 101 172,000 Jacksonville Gas 5s stpd.-1942 224,000 Jersey Cent P & L 5s B—1947 636,000 4Ms series C 1961 5S 18% 94M 101M 101M 108% 23% Apr. 26 1 100% Apr. 1 103 Apr. 1 103% Apr. 109% Apr. 14 40 "60% 100 35 832,000 240,000 170,000 89 Sale 60 1,026,000 Kentucky Utilities 5s 40 30 99 M 108% 108M 108M 107M Apr. 96 M Sale 1966 62 99 M Sale 2022 1947 Sale 102 M 42 41,000 Kansas El Pow 3 Ms 24,000 Kansas Gas & Elec 6s 98 1057aa Mar. 88 80 100.000 Kansas Power 5s A 23 M 99 100M 105M 106 M 49M 1952 40 Sale 40 "59% 33,000 Isotta Fraschini 7s 1942 502,000 Italian Suuerpower 6s____1963 80,000 Isarco Hydro-El 7s 99 19M Apr. 100% 98%-Apr. Sale 103 102 103 102 Apr. 103 % Sale 102% Sale 101M Apr. 109M 109 % 109 110M 108K Apr. 30 8 102 Sale Sale AMansfield Mining & Smelt— 5,000 1,000 40 30 96 M . Lake Superior 51,000 301,000 1967 Sale 3 1 17 5 1 3 106% Apr. 18 56 3 Apr. 1 97 Apr. 3 51 Apr. 108% Apr. 20 4 105 Apr. 4 105% Apr. 3 104 Apr. 118% Jan. 23 101 11 Apr. 6 89% Mar. 10 19 119 Feb. 17 55 Jan. 14 72% Mar. 13 54 Jan. 27 72 3 72% 54% Jan. 87% Apr. 11 95% 90 98% Apr. 10 109 107% Jan. 99% Feb. 89 % Apr. 102% Apr. 79 Jan. 106% Apr. Mar. 11 Mar. 11 Mar. 6 Mar. 3 Feb. 1 101% Feb. 20 99 Mar. 7 105% Feb. 14 86% Mar. 23 109 Mar. 13 Jan. 103% Mar. 24 112% Jan. 104% Jan. 113% Mar. 15 106% Apr. 18 Jan. Mar. 11 99% Feb. 6 57% Mar. 14 108% Apr. 20 99 50 9534 Apr. 47 107 Jan. Mar. 104% Apr. 104% Apr. 102 Apr. 58 107 Jan A 26 106% Jan 411 104%: Jan.^3 52 NEW CURB YORK AGGREGATE SALES PRICES IN APRIL Avril EXCHANGE CURB Since 1939 Bid (Continued) April 1 Ask Bid 105 M 98 102,000 Ogden Gas Co 5s 1945 1951 467,000 Okla Nat Gas 4%s A Conv deb 5s 1946 662,000 523,000 Okla Pow & Water 5s A—1948 108 108M 105 M Sale Sale 108 M 105 M 107,000 Pacific Coast Power 5s 101 454,000|Nor'west 26,000 113,000 156,000 126,000 17,000 29,000 1940 1941 210,000 Pacific Gas & El 6s B Pacific Investing 5s A 1948 Without warrants 50,000 20,000 Pacific Ltg & Pow 5s 1942 1,832,000 Pacific Power & Light 5s__1955 68,000 Park Lexington Bldg 3s—1964 1,664,000 Penn Cent Lt & Pow 4%s_1977 5s 1979 109,000 999,000 Penn Electric 4s series F..1971 ' 11,000 7,000 398,000 7,000 291,000 25,000 223,000 Penn-Ohio Edison 6s 374,000 616,000 159,000 75,000 117,000 187,000 682,000 623,000 880,000 49,000 85,000 84,000 19,000 4,000 25,000 36,000 121,000 107,000 133,000 145,000 83,000 55,000 54,000 16,000 11,000 30,000 9,000 4,000 91M Sale 102 97 102 % 108M Apr. Sale 105 Sale 103 93 113 30 92 M Sale 98 Sale 97 Sale 32 94 115 82% 34M Sale 36 91 89 112M 114 84 M Sale 38 36 94 M Sale Sale 100M 101M 100 100M 101M 101M Sale 98 1947 5s series D 1954 Penn Water & Pow 4%s__1968 5s 1940 108 104% 104% dsB-M Peoples Gas Lt & Coke 4s series D Sale 91M Sale 106M 107 % 105% Sale 89 Apr. 112% Apr. 1 109 10 106 11 101 97 11 Apr. Apr. Apr. Apr. 18 103 Apr, 19 113M Apr. 13 94 26 113 78M Apr. 10 85M 36 3 Apr. 36M 92 Apr. 11 95M 99 Apr. 13 100 98 Apr. 11 101M Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 Highest Sale Prices Sale Prices 104 Feb. 21 105M Feb. 3 95 Apr. 8 102M Mar. 1 3 108 Jan. 104 M Mar 4 1 96M Apr. 91M Jan. 9 109 Mar. 9 23 106M Jan. 21 Mar. 11 11 105 3 97M Mar. 29 5 11 Mar. 24 101M Jan. 9 104 112M Mar. 23 113M Mar. 11 3 10 21 17 25 10 27 89 Apr. 13 94 Apr. 3 112% Apr. 26 113M Jan. 4 76 Jan. 3 87 M Mar. 1 32 Jan. 7 37M Feb. 23 Sale 1961 95 Sale 1972 Phila Elec Power 5%s Phila Rapid Transit 6s 112 Sale Potomac Edison 5s ser E-.1956 —1961 Potrero Sugar 7s stamped_1947 Power Corp of Can4%s B.1959 ^Prussian Elec 6s Pub Service Co of N J—• 1954 76 77 50 105 51 106 98 Sale 18M 23M 64 Sale 107 M 108 109 111 39M 41M 102 M Sale 18 22 Apr. 11 105M Apr. '5 98M Apr. 18 103 Apr. 3 4 109 Apr. Apr. 27 108 107 107 Apr. 14 107 Aprl 14 107M 107 106 M 106 M 106M Apr. 22 106 % Apr. 106% 107 8 103 M 102M Apr. 20 103 M Apr. 26 103 M 103% 103 94 93 M Sale 93 % 91M Apr. 10 94 M Apr. 4 92 M Apr. 14 96 95 M Sale 95 % Sale Apr. 29 6 113 111M Apr. 112M Sale Apr. 28 112% 80 76 76 M Apr. 26 76 75 77 Apr. 17 103 105M 101M Sale 100 108 109 109 110 105 Sale 44 46 103M 105 97 M 98 19 M Sale 70 M Sale 91 Jan. 98 Jan. Jan. 97 26 99 Mar. 10 3 104 % Mar. 10 3 103M Mar. 10 146 150 107 84 M 83 80 Sale 71 Sale 41,000 267,000 Queens Boro G & E 5%s._1952 66 Sale 82 31 20 35 30 68,000 ARuhr Gas Co 6 Ms iR'uhr Housing 6Ms A 1953 1958 2,000 29,000 3,000 ASt Louis Gas & Coke 6s. .1947 23,000 afe Harbor Water Pr 165,000 .1979 16,000 San Joaquin L & P 6s B__. .1952 26,000 6s 36,000 .1937 24,000 ASchulte Real Estate 6s__. .1951 226,000 Scripps (E W) Co 5Ms .1943 173,000 Scullin Steel Co 3s .1951 44M 104 95 M 19 68 100M Jan. 91% Jan. 106M Jan. 105M Jan. 97 22 Sale 38 Apr. 103 M Apr. 6 96M Apr. 19M Apr. 67 M Apr 10 Sale 108M 108M 108 108 M 109 M 108M 109M 108M 42 M 43 43 M Sale 46 101 103 % 102% 103M 102M 16 30 20M 271,000 Sale 106% 107M 75 M Sale 72% Sale 40 M 103 104 108 Sale 108 M 148 3,000 102M Apr. 102M 103 112M 113M 112M Apr. 95 217,000 6% perpetual certificates---1966 65,000 Pub Serv of Okla 4s 1,812,000 Puget Sound P & L 5%s__1949 5s series C 1950 813,000 4Ms series D ; 836,000 1950 18,000 30,000 501,000 159,000 97 M Apr. 96M Apr. 94 Apr. Lowest 3 105% Apr. 3 8 99M Apr. 25 105M Apr. 95 Apr. Sale 92 M 94 113% 114% Sale ' Highest Sale Prices 105 M Sale Sale 109 Lowest Sale Prices 102 M 100 Sale 96% 99 112M 114 100 M 1959 5%s series B Penn Pub Serv 6s C 4%s series F 106 M 107M 108 Sale 99 M Sale 113% Sale 76 Ask 1950 Without warrants 1962 Piedmont Hydro-Electric Co 6%s series A 1960 214,000 1949 38,000 Pittsburgh Coal 4s 1948 83,000 Pittsburgh Street 6s 13,000 iPomerania Elec Co 6s—1953 482,000 Portland Gas & Coke 5s__1940 3,000 43,000 5,000 16,000 1,000 95,000 102 M j Avril 29 Ask Bid 104% 106M 97 M 98 M 27,000 Northwest Elec 6s stpd—1945 Pub Serv 5s A--.1957 3,000 96,000 1 Jan. 3 Jan. 1 BONDS RANGE SINCE JAN. Price NEW YORK In EXCHANGE . Sale 85 Sale Sale 21 Apr. 146M 147 107M 107 % 106M Apr. 87 M Sale 81M Apr. 83 M Sale 77M Apr. 75 79 % Apr 81 16M 17% 108% 109M 16M 18M 108M 109 131 134 136 18 Mar. 9 103 M Mar. 8 Mar. 13 108 Mar. 22 108 M Jan. 26 105 Jan. 12 Mar. 102M Apr. 91M Apr. 92 M Apr. 111% Apr. 76 Apr. 38 103 95 % Mar. 14 97 M Mar. 13 Feb. 15 113% 80 Apr. 6 Feb. 18 51 Jan. 4 Mar. 4 Feb. 4 Mar. 31 108 95M Jan. 17M Jan. 26 31 99 20M Mar. 17 64 Jan. 107 Jan. 108% 39% 100M 20% Feb. 10 109 % Jan. 4 44 % Mar*. Jan. Jan. 23 105M Mar. 23 Feb. Feb. 10 10 148 146 Apr. 10 106 M Apr. 10 75M Jan. 72 Jan. Apr. 19 3 107M Apr. 88 Apr. 20 8 83M Apr. 28 3 77 Feb. 6 10 109M Feb. 20 30 30 14 25 10 152M Mar. 16 10 107M Jan. 28 92 3 Mar. 11 10 82 Apr. 20 70 M Jan. 3 14 5 88 Mar. 10 14 35 Jan. 90M Mar. 13 86 78 Apr. 6 83 Apr. 27 63 M Jan. 28 84 M 29 40 1 Apr. 6 Apr. 18 97M Apr. 3 19M Apr. 1 71 Apr. 1 Apr. 20 108M Apr. Apr. 11 109M Apr. 3 Apr. 43M Apr. 5 103 Apr. Apr. 146 83 M 43 5 104 106 106 Apr. 14 28 Apr. 28 17 Apr. 108M Apr. 135 M Apr. 19 17M Apr. 3 Apr. 5 Apr. 29 18 16M Feb. 1 108M Jan. 24 110 20M Apr. 23 Apr. 100M Apr. 49 Apr. 105M Apr. 103 M Mar. 102 Apr. 103 M Mar. 76M Jan. 14 Apr. Mar. 11 11 20 17 8SH 17% 109 Sale 6 109 17 136 134 Feb. Mar. 17 Feb. 16 1 136 Apr. 29 12 27 Mar. 18 24 31M Jan. ASaxon Public Works— 4,000 67,000 32,000 35,000 103,000 27,000 19,000 23,000 34,000 388,000 69,000 27,000 92,000 44,000 13,000 16,000 63,000 31,000 12,000 35,000 168,000 147,000 206,000 27,000 132,000 4,000 203,000 45,000 5,000 7,000 35,000 481,000 153,000 136,000 107,000 346,000 2,625,000 564,000 181,000 405,000 172,000 Servel Inc 5s 203,000 Sou Carolina Power 5s Southeast P & L 6s Sou Calif Ed 3 Ms. -May 1 3 Ms series B July 1 Debentures 3 Ms 1,389,000 Stand Power & Lt 6s 236,000 AStarrett Corp 5s Stinnes (Hugo) Indus— 488,000 Without warrants AUnited Indus 6 Ms a 1st 6s United Lt & Pow 6 Ms Sale 73 84 M 95 108 M 108M 104 M 110% Sale 103 M 104 M 103 M 78 79 M Sale 90 H Sale 90 M 103 101M Sale Sale 109M Sale 109M Sale 111M 109 109M 110 104% 111M Sale 104 M 105 76 M Sale 104% Sale 44 45 M 103 M Sale 1103 M 103 M 1 81M 83 104 M 105 44 104M Sale 103 M 83 84 88 106 107 59 59 Sale M 59 M 58 M 1966 59 M 60 61 59 M 1939 87 Sale 1957 60% Sale 93 M 58 M ; 60 M Sale 88 Sale 1957 Sale 106% 107 Sale Sale Sale Sale 60 96 60 Sale 22% 25 19M 62 50 57 50 48 50 35M 38 34 1956 90 91% 98 M Sale 104% Apr. 20 105 42 6 Apr. 43M 8 103 M 102M Apr. 102 8 104M Apr. 81 85 Apr. 11 105M Apr. 10 106% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 83 Jan. 94% Jan. 108M Jan. 108M Jan. 103 % Apr. Ill Jan. Aprl Apr. Apr Apr. Apr. Apr. 103M Feb. 42 Apr. 102M Feb. 102 Apr. 81 Apr. 104 M Jan. . 28 1C3% Mar. 65 6 Jan. 28 107 10 106 9 7 5 Apr. 3 Feb. 20 8 105% Feb. 24 105% Feb. 24 24 23 4 3 5 11 10 83 95% 104% 110% 110% 106% 112% 16 Mar. 17 Feb. 28 Feb. 9 Feb. 25 Mar. 6 Mar. 2 Feb. 8 17 105% Jan. 17 6 52% Mar. 9 3 103% Jan. 6 8 104% Mar. 14 11 94% Feb. 16 6 106% Mar. 21 70 Mar. 9 Mar. Mar. 9 35 J an. 52 ,50 50 50 64 37 34 Mar. 9 Jan. 14 Sale Sale 60 25 53% Apr. 11 19M Apr. 29 58 M Sale 33 25 24 Apr. 61M Apr. 60M Apr. Apr. 59M Apr. 61 % Apr. 95 Apr. 61M Apr. 23M Apr. 58 M 59 95 57 M 1950 12 23 55 Apr. 11 54M Apr. 11 55 Apr. 11 54 Apr. 11 54 Apr. 11 6 93 Apr. 53M Apr. 11 19M Apr. 29 58 M IV 20M Apr. 100M Apr. 28 102%. 6 49 53 52 Apr. 105M Apr. 28 107 Sale 103% Apr. 25 104M 8 104M 104 M 102 Apr. 104 M 103 Vs Apr. 14 104M 8 80 77 Apr. 79M 85 91 92 Apr. 11 Sale 97 Apr. 18 103 6 110M 109% Apr. 110M 6 110% 110M 109M Apr. 104M 103 % Apr. 11 104% 112 Ill Apr. 25 111M 104 M 105 40 44 102 M Oy 78 OU 7a 104 M 111 Sale 59 M 1953 1960 1956 _2022 1979 49% Sale Sale 99 M Sale 105 M 105 M 87% 50% Sale 94 M 52 Sale 99 51% -1950 Sale 99 Vs Sale 39 Apr. Apr. 8 Apr. 54M Apr. 55 Apr. 54 Apr. 54 Apr. 36 Apr. 87 Apr. Apr. 100 14 55 62 34 45 Sale 98M Apr. Jan. 11 11 11 11 11 3 8 Apr. Apr. 14 fi 9 69% Mar. 10 Mar. 9 70 96% Mar. 25 70% Mar. 9 50 5 88% Jan. 30 100% Feb. 38% Apr. 97 Apr. 19 57 M 47 M Sale Sale Sale Sale Sale Apr. 38M Apr. 19 45 99 M 97 Apr. 11 100 Apr. 105 M 105M 104M Apr. 14 105M Apr. 104 103 107 Apr. 10 105 M Apr 92 90 92 M Apr. 12 94M Apr. 54 57 % Apr. 11 58% Apr. 58M 19 53% Jan. 14 11 102% Mar. 11 6 103 Jan. 99% Jan. 86% Jan. 50% Jan. . 3 106% Feb. 4 107 28 Mar. 15 Mar. 25 25 96 26 61% Mar. 11 1949 116M 117 57 1974 Sale Deb 6s 1975 Sale 5Ms 1959 104 M 1952 Sale 1952 114 United Lt & Rys 5Ms 6s series A Deb 6s series A 1973 Utah Power & Light 4 Ms.1944 6s series A 2022 6s registered 5s series B Waldorf Astoria Corp— a5s income deb 30M 118 40 Sale 34 M 117% Sale 31 37 Apr. 11 117M Apr. 28 118 Apr. Apr. 4 1 31 Apr. 116% Jan. 52% Jan. 11 11 Mar. 22 4 118 1956 Sale 73% 94 83 M 45 52 M 46 Sale 4 Apr. 1 Apr. Apr. 27 77 3 Apr. 4 73M Apr. 107 Apr. 15 85 3 Apr. 4 115M Apr. 71M Apr. 26 94 4 Apr. 3 Apr. 40M Apr. 27 Aprl Apr. 76 72 ~77~~ 72 Apr. 72 70 74 M Apr. 71M 68 106 106 107 Apr. 106M Sale Sale 80 M 83 78M Apr. 81M 113 115 Sale Apr. 115M 115 70 69 72 68M Apr. 92 % 94 91 95 Apr. 85 89 83 M 84 M 81M Apr. 27 Sale 25M 41M 23 M 23 M 37 35 35 23 24 IP 90 M 82 92 95 97 94 Sale 85 88 88 M 1950 87 Sale 91 92 M 92 1954 21 Sale 89M Apr. 83 M Apr. 10 96 90 8 89 Sale 87M Apr. 11 25 M 20 Sale 26 M Apr. 108% 111 108% 110M 108M Apr. Sale 105 105M 106 M 105 Apr. 10 Sale Apr. 24 3 Apr. 52 112 Jan. 14 27 40% Apr. 26% Mar. 23 Apr. 72 Apr. 68 Apr. 104% Mar. 78% Apr. Jan. 11 27% Mar. 82% Mar. 80% Mar. 107 Feb. 90 115% 79% 96% 94% Jan. 68% Apr. Apr. 81% Apr. 91 6 9 6 1 Feb. 24 Apr. 4 Mar. 3 Mar. 11 Mar. 11 89% Apr. 10 82 Jan. 3 98% Mar. 11 91% Mar. 30 87 Jan. 3 95 1946 1951 1960 107 M 110 105 M Sale 23 M 93M Apr. 3 26M Apr. 28 10 108%. Apr. 10 6 105M Apr. 3 Mar. 11 19% Jan. 16 31% Feb. 17 107% Jan. 30 108% Jan. 11 6 108 Mar. 8 105 Apr. Newspaper Union—- Conv deb 6s West Penn Elec 5s West Penn Traction 5s West Texas Util 5s A 53. 44 103% Sale 100 Sale see page 42 Sale 110 103 60 M 1944 2030 1960 1957 West United G & E 5Ms A_'55 1951 18, 000 Wheeling Elec Co 5s Sale 103 M 1945 Western For footnotes 104M 1941 ___ 20. 000 Wash Ry & Elec 4s. 262 000 Wash Water Power 5s 213, 000 165, 000 111, 000 1,418, 000 150, 000 104 M 104 107 Sale" 104 % Sale 104 104 % 104% 1951 494 000 Virginia Pub Ser 5%s A—.1946 6s 152 000 1946 1,396, 000 45 105 M 24 M 23 Sale Company— United Elec Service 7s 77,000 Sale 53 .1948 City Rap Tr 5Ms A.1952 6s 4th stamped 246,000 52,000 United Elec of N J 4s 136,000 3,000 55,000 100M Hydro-Electric Co— Ulen & 123,000 21,000 42,000 164,000 467,000 150,000 975,000 181,000 67,000 242,000 281,000 26 103 1946 6 Ms series A Texas Elec Service 5s Texas Power & Lt 5s 03 Tide Water Power 5s A Twin 22* 24 1940 7s 2d stamped 7s 2d stamped Terni 22 102 31 .1948 6s 968,000 6s gold debs 109,000 689,000 Standard Invest 5 Ms 131,000 180,000 1,646,000 1,176,000 121,000 452,000 879,000 28,000 51,000 14,000 253,000 47,000 .1960 Standard Gas & Elec— 6s stamped 737,000 6s conv stamped 613,000 65,000 200,000 213,000 22,000 40,000 234,000 59,000 17,000 1960 1960 S'western Assoc Tel 5s A_. .1961 1,553,000 Tenn Elec Power 5s 44,000 4,000 14,000 23,000 101,000 32,000 143,000 63,000 14,000 31,000 127,000 .2025 .1945 1st & ref mtge 4s Southern Counties Gas 202,000 68,000 10,000 .1957 .1957 123,000 Southwestern L & P 5s 2022 171,000 Southwestern P & L 6s 122,000 S'western Pub Serv 6s A_. .1945 88,000 106,000 Sale .1948 Shawinigan W & P4Ms.-. .1967 4 Ms series B .1968 4 Ms series D .1970 Sheridan Wyo Coal 6s .1947 of California 4 Ms 148,000 .1968 150,000 Southern Indiana Ry 4s__. .1951 ^ 24 30 M 59 M 104% 111% 101% 104% 106% Sale 105 112 Sale Sale Sale 52 Sale 105 51 53 Sale 113 115 50 105 105M 104M 113 113M 115 101 101M 101M 102M 99 104 M 105 104M 104M 104M 106 106 _____ 53 3 5 Apr. Apr. 4 Apr. 22 105M Apr. 4 113M Apr. 24 Apr. 8 102% Apr. 24 Apr. 6 Apr. 24 104M Apr. 50 Apr. 104 Jan. 63 Mar. 4 5 28 105% Feb. 11 26 113% Apr. 24 99 8 102% Feb. 11 Apr. 104% Apr. 24 105% Feb. 16 106 Jan. 20 106% Jan. 3 110% Jan. NEW YORK CURB EXCHANGE MAY, 1939] 53 AGGREGATE PRICES IN APRIL SALES NEW In Since Avril YORK 79",006 67,000 8,000 35,000 EXCHANGE BONDS Bid (Concluded) Avril 1 Ask April 29 Ask Bid Bid Ask 1966 106 % 107 % 100)4 Sale 105% 105% 103 % Sale 102% 103 1941 92,000 Wis Minn Lt & Pow 5s 699,000 Wisconsin P & L 4s A 429,000 Yadkin River Power 5s 147,000 J A York Rys Co 5s 5s stamped 307,000 I Jan. 3 1939 f $ RANGE SINCE JAN. Price Jan. 1 CURB 102 105 1944 1937 .1947 102% 87% 90 87 % 90 Sale 92 89 90% 92 lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 101% Apr. 11 103% Apr. 104 104% 104 Apr. 19 105 87 87% 89% Apr. 20 89 88 89% 86% Apr. 24 91 3 105% Mar. 29 106% Jan. Mar. 100% Jan. 3 104 Apr. 1 Apr. 27 Apr. 3 26% Apr. 20 27 Apr. 21 25% Feb. 105% Feb. 102% Jan. 87 Apr. 86% Apr. 94 4 3 15 Jan. 17 94% Feb. 21 FOREIGN GOVERNMENT AND MUNICIPAL 1,000 1,000 11,000 9,000 Agricul Mtge Bk Rep of Col— i20-year 7s Jan 15 1946 A20-year 7s Jan 15 1947 a7s ctfs of deposit 1947 6s ctfs of deposit "2",660 1947 Antioquia (Dept) Colombia— 15,000 a7s ctfs of deposit 1945 a7s B ctfs of deposit 1945 a7s D ctfs of deposit 1945 a7s 1st ser ctfs of dep T.666 1957 a7s 2d ser ctfs of dep 1957 a7s 3d ser ctfs of dep 1957 25",006 iBaden (Germany) 7s 1951 Bogota, City of (Colombia)a8s ctfs or deposit 1,000 1945 17,000 20,000 Caldas 2,000 1946 ACauca Valley (Dept of) Rep of Colombia extl s r 7s 86,000 1948 a7s ctfs of deposit 8,000 1948 ACent Bk of German State & 13,000 18,000 Prov Banks 6s B a6s A 1951 1952 Colombia (Republic of)— 7,000 a6s ctfs of dep (A & 0)._1961 a6s ctfs of dep (J& J)_ —1961 42,000 8,000 26 26 26% 30 30 26 27 25% 25% 30 30 24 32 24 32 30 24 32 24 32 15 13% 24% 24% 8% 15 11 8% 8% 15 15 10 18 10 18 9 15 8% 8% 18 11% 11% 11% 11% 11% 11% 26% Apr. 20 Apr. 21 10% Apr. 3 11% Apr. 24 18 18 17 18 40 17 18 11% 20 10 20 11 20 20 10 7 18 11 28% Jan. 7 27 Apr. 21 16 24% Mar. 14 8% Jan. 26 11% Mar. 13 26 2 . 18 18 15 15 15 30 7 7 Jan. 24% Jan. 27 Mar. 16 11 11 Mar. 16 18 18% Apr. 3 27 19 Feb. Mar. 10 15 Mar. 10 10 Jan. 11% Mar. 18 3 7 15 18% Apr. 16% Mar. 13 12 Jan. 3 25% Mar. 25% Mar. 18 Feb. (Colombia)— a7%s ctfs of deposit 29,000 29 25% 172~O66 Danish Cons Munic 5%s__1955 5s 88,000 1953 11% 13 12 23 23 20 11% 17 13% 14% 10 20 13% 11% 15 18 40 23 40 30 40 23 40 18 18 20 30 23 20 30 23 91 95 86% 92 80 Sale Sale 19% 25 19% 25 99% Sale 97% 99% 30 12 Apr. 6 14 Apr. 26 28 7 3 21% Apr. 21 22% Apr. 25 22 Jan. 31 21% Apr. 21 85% Apr. 18 85 Apr. 20 92% Apr. 4 85% Apr. 20 Jan. 85% Apr. 18 100 85 96% Jan. Apr. 20 6 28% Jan. 16% Apr. 16% Apr. 35% Feb. 20 17 Jan. Apr. 10% Apr. 6% Jan. 11% Jan. 20 Mar. 17 Feb. Jan. 30 19% Feb. 17 22 Mar. 29 30 Sale 89 5 Danzig P & Wat'way Bond 14,000 18,000 5,000 7,000 2,000 3,000 48,000 56,000 74,000 86,000 16,000 45,000 40,000 109,000 113,000 1,000 2,000 external f 6 Ms 1952 AGerman Cons Munic 7s. .1947 21 18% 1947 17 20 18 20 20% (City) Ger 7s 1939 AHanover (Prov) 6%s 1949 ALi na (City), Peru, 6%s_.1958 AMaranhao ?State) 7s 1958 AMedellin (Colombia) 7s__1951 17 22 19 23 17% 17% 17% 18 17% 22 17 26 18 30 16 20 11% 6% 11% 12% 10 11% 10 13 11 10 a6s AHanover 7% ctfs of deposit-.; a6%s ctfs of deposit Mendoza (Prov) 3,000 1,000 37,000 "3",606 'MOO 11,000 1,000 16,000 29,000 29,000 5,000 11,000 35,000 77,000 157,000 202.000 21,000 9,000 13,000 * No n r par Sale 7% 12% 13% Sale 11 1951 1954 13 11% 13% Bale 10% 18 20 18 11% 11% 16% Apr. 11 16% Apr. 11 18 Apr. 11 14 Apr. 10 10% Apr. 25 11 Apr. 15 11% Apr. 10 19% Apr. 3 19 Apr. 3 Apr. 4 17 Apr. 26 11% Apr. 10 11 Apr. 15 14 Apr. 3 22 15 14 a7%s-4s stamped Mtge Bank of Bogota— a/s issue of May 1927 a7s ctfs of dep (May) 1951 77 20 9 Mar. 20 Mar. 6 22 14 10 79 1947 1947 30 30 25% 30 25% 28 24 32 24 Apr. 4 13 6 Mar. 10 15 Mar. 10 15 Mar. 13 10 Feb. 2 9 Jan. 20 32 A7s issue of Oct 1927 a7s ctfs of dep (Oct) 1947 24% 25% 24% 25% 30 30 25% 28 25% 30 24 26 24 27 1947 AMtge Bank of Chile 6s 1931 Mtge Bank of Denmark 5s 1972 AParana (State of), Brazil 7s'58 a7s 1961 Sold a 17 Argentina ARio de Janeiro 6%s 1959 70,000 ARussian Govt 6%s 1919 125,000 a5%s___ 1921 Santa Fe (City) Argentina— a7s stamped 24,000 1945 40,000 ASantiago (Chile) 7s 1949 24,000 31 40% s 16 96 8 5% % % 45 13% 13% 78 Sale 97 9 7 % % 58 Sale 14% 11% Sale 90% 11% 11% % Sale Sale Sale % % % 51% 10% 10% 55 12% 12% 10% 17 85 90 11 12% 13 10% % % 43 56 9 11 8% 10% Abbreviations Used Above: value, under the rule. Deferred delivery sale, Sold for cash. Ex-dividend. Bonds being traded flat. J Reported in receivership. x a "conv" convertible, "cum" cumulative, "m" mortgage, "n-v" "vtc" non-voting, voting trust certificates, "wi" when issued. Abbreviations Used Above: "cod" certificates of deposit, "cons" consolidated. "w w" with warrants, "x-w" without warrants. 26% Apr. 25 25% Jan. 26% Apr. 26 Apr. 11% Apr. 90 Apr. 11 Apr. 10% Apr. % Apr. 26% Apr. 25 26 Apr. 21 11% Apr. 91% Apr. 11% Apr. 11% Apr. % Apr. 25% Jan. 21 25 21 1 24 12 21 25 47 Apr. 27 10% Apr. 10 •9 Apr. 25 51% Apr. 10% Apr. 10% Apr. 4 10 10 4 79 Feb. 26% Mar. 1 1 26 26% Mar. 6 26 Apr. 21 90 96% Mar. 17 Apr. 21 1 11% Apr. Apr. 24 8% Jan. 20 5% Jan. 4 % Jan. % Jan. 12 17 47 Apr. 27 10% Apr. 10 9 Apr. 25 16 15 Jan. 3 Mar. 10 14% Mar. 11 % Feb. 23 % Jan. 11 52 Mar. 10 14% Jan. 25 14% Jan. 2 Deferred delivery sales, in which no account is taken in computing range, are given below: a Mississippi River Pow., pref. April 17 at 113%. Ohio Pub. Serv. 6% 1st pf., April 28 at 101%. n Under the rule sales, in which no account is taken in computing range, are given below: Stinnes (Hugo) Corp., April 26 at 1. Baden at 22 Cons. Municipalities 7s 1951, April 5 %. Cash sales, in which no account is taken in computing range, are given below: r No sales. \ Mar. 14 26% Apr. 25 Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE 1939 Stock Sales Jan. 1 to April 30 $117,000 869,000 April 461,000 2,156,000 Jan. 1 to April 1938 1939 Bond Sales 1938 f652,000 2,678,000 Shares«. April 30— — $18,600 AGGREGATE PRICES CHICAGO SALES STOCK EXCHANGE Since April Jan. 1 BONDS 117,000 STOCKS 1,200 600 750 750 400 400 1,908 2,600 3,200 4,850 3,800 1,450 1,700 5,280 150 450 350 450 ' "l",955 3,750 1,500 1,200 300 12,875 4,960 300 3,950 6,860 270 200 1,300 3,400 """650 6,050 1,320 798 500 American Pub Serv Amer Tel & Tel Co Armour 1,123 3,980 4,550 4,000 51,550 1,550 4,170 2,510 2,300 1,300 50 28,380 3,800 30 1,550 1,676 293* 7% Binks Mfg Co capital-. Bliss & Laughlm Inc com 1 5 19% Sal, common Com'wealth Edison com 25 Rights. 5,050 Compressed Indus Gases cap.5 Consolidated Biscuit com 1 5,100 Consolidated Oil Corp * 12,092 8% 11% 7% 4% 21 4 14% 22% 20 17% 23 19 5% Sale 5% 9 11 Sale" 64 Sale 2 % 6% 15% 8 5 Sale 5% 15% Sale 19% 21 6% 10% Sale Sale Sale 10 11 17 18 69 Sale 66 68 Sale a 1013* Sale 43* 15}* 15% 3* Sale 35 II* 70 H 713* % 7 A 109 68 83 3* Sale 7}* 23* 183* 27 % 8 23* 35 Sale 14 15 Sale Sale 6 9 180 350 1,760 565 520 2,764 190 700 50 2,100 140 For footnotes V t pref part shares 50 Com part shs vtcA 50 400 Common part shs v t c B * 760 Container Corp of Am com. .20 4,141 Continental Steel common * 1,730 163* Sale 27 % Sale 100 101% 615 c Preferred Crane Co 25 7,542 100 1,720 Cudahy Packing Co pref 3,851 Cunningham Drug Stores..23* Curtis Lighting Inc common._* 50 8,600 Dayton Rubber Mfg common.* Cum class A pref 35 770 see page 56. common 6% 7% 23* 3 o VA Sale" 56 1 163* 16% Apr. 21sP, 7% Apr. 2% Apr. 13% Apr. 20 Apr. 17 Apr. 20% Apr. 5 Apr. 9% Apr. 4% 17% 24% 19% 21 5% 11% 2% 1 Sale % 4% 13* Sale 7% 71% 68 3* Sale ----- 21% 26% 7 3% Sale Sale 11 Sale 6% 2% 5% 108% 68% 64% 6% 23* 21 13% Sale 5% Sale 5 8 Sale 7% 6% 2% Sale 4% 1% % Sale Sale 10% Sale 19% Sale 9% 20 6% 72 Sale 6% Sale 27 63 "14% 2 ilH 15% 14 2 16 Sale 12% 26 Sale 25 9% 5% Sale 6% 3% 10% 22 14% 12% 23 Apr. Jan. 59 15% 1% 13% 36 3 Feb. 10 Apr. 4 Jan. 20 Mar. 15 Jan. 11 Feb. 9 JO 18 5 11 25 Apr. 13 6% Apr. 10 108 683* Apr. 25 71% 53% Apr. 11 70% 6 Jan. Apr. Apr. 13 10 5 12% % 1% 33% 12% 3 62 Jan. 1 1 Apr. Apr. 17 Apr. Apr. 11 10 3 53* Apr. 24 8 2 Apr. 8 % Apr. 9% Apr. 10 8 16% Apr. 1 6% Apr. 1 2% Apr. 1 1 Apr. 3 12% Apr. 3 20% Apr. 108% Apr. 15 3 25 Apr. 60 Apr. 27 3 15% Apr. 1 Apr. 26 14 3 Apr. 4 25 Apr. 8 21% Apr. 56 Apr. 22 8 12% Apr. 1 Apr. 26 9 Apr. 11 23 t Traded during April, 1939, 854,000 Commonwealth,Edison rights. Apr. 10 24 24 6% Apr. 11 2% Apr. 12 4 22 Apr. 3 27% Apr. 22c Apr. 27 1 11 Apr. 1 5% Apr. 3 8% Apr. 11 8 24 Apr. Apr. Apr. 3 8 75% Mar. 8 Jan. 8 63* Apr. 8 2% Apr. 21 Apr. 13 25% Apr. 11 13c Apr. 11 9 Apr. 26 5 Apr. 11 7 Apr. 11 Apr. 2% Apr. 15 Jan. 11 26 108 55 16 Jan. 45 Mar. 31 6 5 28 100 9 4 19 4 Apr. Apr. 3 . 15 10 3 3 16% Jan. 23% Jan. 11 Jan. 13 3 Mar. 11 13 1 1 5 Jan. 23% Mar. 1 4 9 5 Jan. 3% Mar. 14 Apr. 12 Jan. 23% Jan. 7% Jan. 17% Jan 20% Apr. 5 Apr. 9% Apr. 16 Mar. 5% Jan. 19 20% Mar. 10 % Apr. 4% Apr. 1 % Apr. 104 Apr. 51 Apr. 3% Apr. 15% Apr. 13% Apr. % Apr. 1 % Apr. 36 Apr. 12% Apr. 67% Apr. % Apr. 1 Mar. 15 17 8* 70 1 18 32 48 11 13 17 14 Apr. 13 4 Jan. Jan. 9% Apr. Apr. 12% Jan. 64% Apr. 24 Jan. Jan. 7% 14% 10% 13% 2% Apr. 6 Apr. 18% Apr. 5 4 25 Jan. 7% Jan. 10 Apr. 6% Apr. 4% Apr. 16% Apr. 7% Jan. 2% Apr. 13% Apr. 20 Apr. 5 3 3 10 7 Mar. 11 Feb. 1 1 6 Mar. 8% 1 24 Apr. A 3 11 17 6 3 Jan. 4 14 26 Jan. Jan. 3% Feb. 27 4% Mar, 8 2% Feb. 27 % Apr. 183* Apr. 8 Jan. Jan. 11 108 22% 3 8 28 4 9 19% 8% 47% 21% 72% 170% 6% 10% Apr. Apr. Apr. Mar. Apr. Apr. Apr. Jan. Jan. Apr. Apr. 2% 3% 1% 3 8% Mar.. 15% Mar. 6 Jan. 30 19 Jan. 3 12 108 108 23% Sale 59 147% 3% 9% % Jan. Mar. 9% Jan. 6% Apr. 1% Apr. 6 Apr; 11 Apr. 16% Apr. 5 Apr. 28% Apr. 20% Feb. 5 3 22 9 13 % Sale 1% 26% Sale 8% Jan. 16 . 109 8 9 % Apr. 4 Apr. a I** Sale 1 Apr. J™ 106 103 102 100% Apr. Sale 50 48 50 46 Apr. 4% 3% 2% 5 2% Apr Sale 15 15 15 Apr. 15% 11 13 12% Apr. 13% Sale % % Apr. 1 % Apr. ~T% Sale "1% Sale" Sale 34 Sale 36 333* Apr. 20 12% 12% 25 123* Apr. Sale 62 64 66 62 Apr. Sale % Sale % Apr. % 33* Sale 14 8 11 102 37 4% 9% Apr. Apr. Apr. 64% Apr. Consumers Co—■ 1,110 6% Apr. 4 3* Apr. 2% Apr. 7% Apr. 20% Apr. 11% 43 13 6 14 Apr. Apr. Apr. Apr. Apr. 28 Apr. 29 Apr. 28 Apr. 3 Apn 3 Apr. 3 Apr. 15 Apr. 12 Apr. 3 1 10 11 2% 6% 120 4% 2% 4 27 Apr. Apr. 2% Apr. 6 Apr. 18% Apr. 8h 110 69 h 13 3 12 113* 183* 13% 15 11 29 6% 14% 9% 12% 10 Sale 18 6 11 Apr. Apr. Apr. Apr. 5 14 13 20 23 3* 5% Apr. 2% Apr. 8 Sale 17 4% Apr. 10 2% Apr. 26 9 20 143* 22 10 Jan. 31% Apr. % a Sale 22 3 27 70 64% Mar. 15 53% Apr. 58% Apr. 3 33% Apr. 9 Apr. 12 8 7 Apr. 3 23* Apr. 7% Apr. 20 4 13 Apr. 1 18 Apr. 3 6 Apr. 3 36% Apr. 6 21% Apr. Apr. 19 10 854,000 440 4 159% Apr. 4% Apr. 9% Apr. % Apr. 32 Apr. 2% Apr. 3% Apr. 1 % Apr. Apr. 147% Apr. 4% 3% Apr. 9% 9% Apr. k % Apr. 30 Apr. 33% Sale 2% Aprl 3% 3% Apr. 3 1 % Apr. Sale 203* Apr. 22 25 8% Sale Sale 5 64 7 * 10 5 14 11 Apr. 10 16% Apr. 24 Sale Salt 15 Cities Service Co 4% 103* 10% 23* 18 10 28% Apr. 10 6 21% Apr. 32 Sale 15 224,880 Sa. Sale % 30% 2% 2% 2% % 5% 23* 17% 6% 9 * 180 20 Sale 8,680 Club Aluminum Utensil Co..* 6,150 520 Coleman Lamp & Stove com..* it* 17 1% * 5 16% Sale 22 __ 47 3* 2H Common capital 480 27,881 Chrysler Corp common Sale 3% 8% 14 2J* , 100 4 820 Chic Rivet & Machine cap 330 Chicago Towel Co conv pref..* 63* 223* 19% Sale _ 23* % % 5% Sale 23* Sale 8 5% Sale Preferred 35 4% * * 32 2 Central S W Util common..50c * % 3 Common preferred 10 3* Sale . 15 J* 9 10 Preferred 60 Sale 20 31% 21% 158 3% Sal 5 Sale 68 3 Sale 5% 12% 15% 154% Sale 4% Sale 8 9% 4% 19% Sale 8% Sale 4% 16 Campbell Wyant & Cannon Foundry capital * Castle & Co (AM) common .10 Cent Cold Storage Co com. .20 Central 111 Pub Serv pref * Cent 111 Secur Corp— Prior lien 34% Sale 32 213* 11 5h Sale 7% — 73* 12 203* 5 . 15 Sale 6 bale 32 Common . 7 103* 5% Borg-Warner Corp common—5 Brach & Sons (E J) capital * Brown Fence & Wire class A. preferred. 8 12% pref..* 350 36}* 7 1 Convertible 23* 14 Berghoff Brewing Co common 8 2 Sale 6 Bastian-Blessing Co common.* Belden Mfg Co common 10 Belmont Radio Corp * Bendix Aviation Corp com...5 (E L) common 6% 2% 6% 2% Sale 7}* Cherry Burrell Corp com 5 Chic City Con Ry pt com * 50 Chicago Corp common 1 82,430 Preferred * 14,800 * 40 Chicago Electric Mfg A Chicago Flexible Shaft com. .5 10,200 3,471 Chicago & NW Ry com—100 1,100 40,370 854,000 2,000 1,000 4,220 3 1 % h 8% Sale 3 h Sale Chain Belt Co common 40 60 s* Central States Pr & Lt 160 13,076 * 5 (Del) 8 9 3,650 Burd Piston Ring common—1 Butler Bros common 10 32,913 5% convertible preferred._30 4,582 10,920 150 150}* Sale 5K Sale 3% 900 Bunte Bros Apr. Highest Sale Prices Sale Prices 105 Apr. 14 111% Feb. 25 109 Jan. 3 109 Jan. 3 120 6 18 34* Aviation & Transport cap 53% Apr. 31% Apr. 11 8 Apr. 24 6% Apr. 25 8 1% Apr. 8 6 Apr. 8% 14% Sai* ilH it* Automatic Washer common- 553* 83* 12% capital—4 Bruce Co 14 107 35 7% 19 H Equipment Co com 1 Mfg Co common—1 Associates Invest Co com * Aviation Corp Apr. 54 7 11 Asbestos Athey Truss Wheel 33 31 18}* 7% 950 Backstay Welt Co common—* Barber Co (W H) common—1 Barlow & Seelig Mfg A com. .5 1,200 1,050 10,200 650 5 Co common & Highest Sale Prices 33 58 % Sale 119% 7 3% 7 pref—100 capital.. 100 Sale Aro 1,000 4,900 4,350 4,750 3,400 63,105 18,860 1,150 9,250 31,209 1,240 1,450 3,500 12,700 1,900 200 I* Allied Products Corp Common 1,050 1,100 »K Aetna Ball Bearing common. _1 Allied Laboratories common..* 393 Auburn Auto Co common Automatic Products com 340 470 Sale 130 Sale * 5 Advanced Alum Castings 1,000 2,530 7,467 61,200 280 200 800 58 * Adams Oil & Gas Co com 1,970 20,738 35,205 1,700 6,900 1,400 2,450 69 50 25 cl A—25 10 Allis-Chalmers Mfg Co * * 150 Altorfer Bros conv pref 50 480 5,978 10,550 Ask 107% 107% 105 107% 108 Sale "43" * 100 977 Acme Steel Co common 460 Adams (J D) Mfg common 60 1 par 6,754 Abbott Laboratories com 4 % % cum conv pref 20 """155 SINCE JAN. Lowest Lowest Sale Prices April 29 1 Ask Bid Bid 107% 108 109 Stamped Shares 1,132 Ask 839,000 Commonwealth Ed 3%s..l958 5,000 Shares Avril 1939 Bid $ * RANGE IN APRIL Price Jan. 3 In 18 5 25 % Apr. 25 1 2% Mar, Jan. 2 Feb. 5 6 1% Jan. 5 Jan. 6 6% 16% 15% % 2% 38% 14% 78% Mar. 17 Mar. 10 Mar. Feb. 4 28 Jan. 4 Apr. 13 Jan. 4 Mar. 10 Feb. 8 8 Jan. 18 Mar. 4 Mar. 1 Jan. 4 Apr. 13 Mar, 21 ™ * Feb. 21 Feb. 23 9 67% Jan. 84% Mar. 9 53% Apr. 11 6 108 6% Apr. 8 2% Jan. 14 18%. Jan. 27 25% Apr. 11 13c Apr. 11 9 Apr. 26 5 Apr. Apr. 11 7 11 5% Apr. 24 2 % 9% 16% 102% 21% 55 Jan. 11 Jan. Apr. Apr. Jan. Apr. 19 Jan. 3 10 8 13 8 8 12% Apr. 1 Apr. 26 9 Apr. 11 23 Apr. 10 9% Feb. 3% Mar. 25 6 2 Mar. 13 28% Mar. 11 Apr. 27 15% Jan. 7 6% Mar. 13 9% Jan. 7 22c 7% 2% 1% 16% 29% 108% 37% 73 Jan. 6 Feb. 21 Jan. 19 Jan. 3 Jan. 4 Apr. 15 Jan. 4 Mar. 8 16% Mar. 16 1 Apr. 26 17% Jan. 20 26% Jan. 24 55 EXCHANGE STOCK CHICAGO may, 1939] AQQREQATE PRICES IN APRIL CHICAGO SALES STOCK EXCHANGE Since In STOCKS April Jan. 1 Shares Par 2,750 10 1,570 50 450 660 200 950 900 3,000 1,700 626 800 700 1,450 2,600 2,150 400 300 450 2,100 1,174 " 7",777 200 10 100 Decker (Alf) & Cohn— Common Preferred 60 Bid 28 18 4% 9 12H Dodge Mfg Corp common—* Eddy Paper Corp (The) * El Household Util Corp 5 Elgin Nat Watch Co 15 Fairbanks Morse common—* Fitz Simons & Connell Dock 35 Sale it* 3 % * 2fk Sale 12 12% 4% 10 2% 4 5 1 9% 2 5,400 Gardner Denver Co common,* $3 cum conv pref 20 600 14 X 13% 200 100 2% 19% 27% Sale 2% ■18% Sale 26 11 Sale 12 3 4 14 3 12 2% Sale 13% Sale 11% 63 Sale 10% 2% 39% 14% 3% 14 Sale 12% Sale 2% Sale 10% 2% 42% Sale 41% Sale Lowest Highesi Sale Prices Sale Prices 1% Apr. 8 Sale 41% 4% 6% 9% 2 2% Apr. 1% Mar. 1 34 16 6 Apr. 28 19% Apr. 3 14 Apr. 6 4% Apr. 10 6% Apr. 3 10% Apr. 8 6% 7% 3 3 8 10% Apr. 10 3 Apr. 24 13 % Apr. 18 2 5 Apr. Sale Sale 19% 10% Sale 26% Sale 9 % Sale 22 % Sale 6% 33 UH Sale Sale 10% 11 26 % Sale 12 J* 4% 7 5%' Sale 6 % Sale 7 8% Sale 37 11% A—* 17% 10% 8% 5% 5 8% 7 Sale 7 5% Sale 25 Sale 9 22% 9% 23% 9 9k 5% 5% 8 3% 4% 7% 8 35 8 36 35 11% 24% 23 % * 5 4 Sale 5% 6% 6 19% 10% 12 14 10 8 11 12 24% 25% 8% 39% 10% 23% 11% 26 10% 11 10 11 10% Apr. 3 Apr. 10 24 14% Jan. 20 4% Mar. 23 10 Jan. 15 2 Jan. 12 16 3 19 8 1 3 10 Apr. 10% Apr. 27% Apr. 10 Apr. 23% Apr. 4 11 8% Apr. 11 4% Apr. 10 Mar. 13 2% Apr. 22 11% Apr. 14 14 Jan. 7 25 63 Apr. 13 60 Jan. 5 Feb. 24 Jan. 7 Jan. Jan. 5 4 10 Apr. 21% Apr. 11 4 9 Apr. 18% Apr. 11 3 3 3 3 10% Apr. 15 5% Apr. 8 5 Apr. 3 8% Apr. 1 8 Apr. 21 35 Apr. 11 11% Apr. 19 24% Apr. 4 3 Apr. 7 Apr. 11 7 Apr. 10 35 Apr. 11 10% Apr. 25 8 23% Apr. 5 24 Jan. 4 Jan. 3 Feb. 27 Jan. 6 Apr. 19 Mar. 9 Mar. 10 Jan. 4 59 30 4 11 Jan. 5 40% Apr. 11 10 Apr. 10 8 1% Apr. 36% Jan. 28 % Jan. 18 37% Apr. 11 4% Apr. 10 5% Apr. 10 43% Apr. 3 5 Apr. 19 6% Apr. 27 10 10 Apr. 21% Apr. 9 Apr. 18% Apr. 4 32% Mar. 6 Apr. 14% Feb. 2% Apr. 17% Apr. 24% Apr. 10 13% Apr. 1 63 Apr. 13 46% Apr. 4 10% Apr. 1 2% Apr. 4 42% Apr. 27 11 37% Apr. 4% Apr. 5% Apr. Jan. 23% Mar. 3 23% Mar. 9 19% Jan. 17 9% 12% 35% 8% 18% 3% 22% 43% 15% Jan. 13% Apr. 4 Apr. 6 Apr. Apr. 25 3% Apr. 11 Apr. 5 2% Apr. 22 13 1% Apr. Apr. 3% Mar. 30 38 28 6 12 1 24 30 11 1 3 8 10 7 Apr. 18% Apr. 3 Apr. 19% Apr. 30 Apr. 10 38 30 14 6 11% Apr. 62 Apr. 40% Apr. 10 Apr. 1 Jan. 13 11 Apr. Apr. 2% Apr. 17 % Apr. 24% Apr. Jan. 10 16 Apr. 28 16% Apr. 11 6 13% Apr. 4 Apr. 12 6 1 Apr. 10 Apr. 24 Sale 49 % 45 39% Sale '% 16,800 Hein Werner Motor Parts—3 1,300 Hibb Spencer Bartlett com..25 1,560 Horders Inc common * Sale 20 59 43 2 Highest Sale Prices 15 28 2% 13% 2% 11 760 Hamilton Mfg cl A part pref. 10 2,450 Harnischfeger Corp common. 10 Helleman Brewing Co G cap-.i 1,860 Hormel & Co (Geo) com 750 20 48 11% 440 18 59 Co common—10 300 .?* 45 36 h 1,000 3,050 1 18 4% 7 10% 33 7 Sale 10,276 Goodyear Tire & Rub com—* 5,150 Gossard Co (H W) common. _* * 40,850 Great Lakes D & D com Hall Printing 10% 34 7 16 0% 9% 30% 0% 4 58% 59 1,666 General Amer Transp com—5 5 1,500 General Cancty Corp A 8,300 General Finance Corp com—1 * 5,786 General Foods common * 10,150 Gen Household Util com 10 40,613 General Motors Corp. 933 General Outdoor Aciv com—* 6,440 Sale 10% 29% 15% 19 % 42 % 10 11% Sale m 17" 18 Sale Sale 6 5 Sale 31* 20 Sale 33 140 De Mets Inc pref & 1,390 Dexter Co (The) common 1,690 Diamond T Motor Car com--2 * 2,020 Dixie-Vortex Co common Class A * 600 1% 28 40 "18H Sale 2,841 1,150 13,500 340 1 Lowest Ask "4% 20% ""866 1,726 Sale 25 38 10% * * & Dredge Co common 3,450 1,850 Four-Wheel Drive Auto 7,900 Fox (Peter) Brewing com 11,250 Fuller Mfg Co common Ask Bid Bid 2 2% Sale * 780 Deep Rock Oil conv pref. 12,284 Deere & Co common 2,250 2,450 13,140 6,955 2,496 Ask 2,912 Gillette Safety Razor pref___* 40 Godchaux Sugar Inc class A_ _ * 3,650 Goldblatt Bros Inc common.-* 862 SINCE JAN. Sale Prices April 29 April 1 1939 Shares 650 RANGE Price Jan. 3 11 8% Apr. 4% Jan. 13 Jan. 4 5 6% Jan. 4 Apr. 10 34% Jan. 10% Apr. 23% Apr. 24 7 11% 2% 42% % 51% 6% 8% Jan. 30 Jan. Apr. 27 3 9 Mar. Jan. Jan. 13% Jan. 37* Jan. Jan. 11 5 5 11 4 10 27% Feb. 28 6 11% Mar. Mar. 30 6 3 5% Jan. 6 Mar. 9 8% Jan. 11 25 13 Feb. 3 4 8 25 Mar. 1 37 Jan. Houdaille-Hershey— 2,975 "l",385 1,900 3,104 200 550 384 2,726 100 4,650 250 200 2,650 1,800 ""295 20 650 1,300 1,400 1,450 Class B 10,333 860 Hubbeli, Harvey, Inc com—5 1 9.275 Hupp Motors common Illinois Brick Co 10 8,950 ldinois Central RR com—100 11,686 * 1,850 Indep Pneum Tool vtc Indiana Steel Prod com -1 1,000 Inland Steel Co capital * 1,627 Internat Harvester common8,529 Interstate Power $7 pref 70 $6 preferred * 410 Iron Fireman Mfg Co v t c— -* 940 13,150 1,150 1,150 11,100 14,100 Jarvis ( W 5 6,550 Kerlyn Oil Co common A 6,700 Kingsbury Brewing Co cap—1 La Salle Ext Univ common—5 5,000 Lawbook Corp 6% cum pref 100 140 6,430 540 Leath & 680 2,325 1,300 120 700 " 1~220 530 700 50 100 150 ""650 110 17,510 7,950 150 "lb",400 27,800 1,300 2,400 10,040 5,150 23,160 ' 180 130 300 550 1,300 Lindsay Light & Chem com. 10 Preferred 10 50 Lion Oil Ref Co common * Midland United Co common. .* 5,500 Convertible preferred * 10,650 Midland Util 6% pr lien 100 32,140 7% prior lien 100 15,660 7% preferred A 100 28,102 6 % preferr ed A 100 6,430 Miller & Hart Inc conv pref__* 830 1 2,200 Minneapolis Brew Co com Modine Mfg common * 1,400 510 Nachman ""205 com.. * Nat'l Pressure Cooker Co 2 53% 2% 41 3h h 2% 29 2% 31% stock 10 Northern 111 Finance com—-* 1,850 Northwest Bancorp com * 22,250 Northwest Eng Co common. _* 3,900 Nor West Util pr lien pref. .100 1,910 7% preferred. 100 1,229 20 Nunn-Bush Shoe common._2% Omnibus Corp vtc com * 1,138 "7% Sale % 2 2% 5 3% Sale 29 Sale 9% 9% 19% Sale 18% 19 1% 1% 32% 35 Sale 31 1% 9% 14 16 16 1% 25% IsB 24% 17 % % 10 k 20% % Sale 10 5 Sale 27 Sale 4% 27% 12% 4 4% 7% Sale % % 4% Sale % Sale 1'A Sale"" 3* 2 X 3H 41 14% 7% 31% 15% 4 Sale 9 32% 16 5 19 Sale k 25% 2% 1% Sale 2% 7% 13 Sale 16 Sale 14% 14 17% 15% 6 12% 7% 14% 41% 12% 12% 16 % rn% k 56. 4% 28 3 Sale 0% X 3% 2% 2% Sale % % % Sale 3 Sale 15% 30 12% Apr. 8 14% Apr. 10 1 Apr. 8 25% Apr. 28 7 5 28 30 25 10% % Apr. Apr. Apr. 5 Apr. 3% Apr. 29 Apr. 2% Apr. 3 25 8 15 1 1 3 1 8 24 16 Apr. 3 15% Apr. 3 1 % Apr. 3 25% Apr. 28 19 % 20% Sale 11 4% 23% 4% 28 Apr. Apr. 10 10 % Apr. 10 19 Apr. 12 9% Apr. 11 3% Apr. 11 26 Apr. 20 5 30 Apr. Apr. 10 4 % Apr. 1 20% Apr. 13 11% Apr. 3 4% Apr. 3 28 Apr. 4 50 I 15% Sale 3% 4 8 10 11 26 11 24 3% Apr. 11 36 5 Feb. 16 8 Mar. 3 Jan. 5 29 69% Jan. 3 6 Apr. 2% Apr. % Apr. 1% Apr. 13 30 12 2% Sale 6% Sale % % 3% 3% 3% 4% o Sale 4 Sale % Sale 3 % Sale % % 9% 18 3 9% 15% 2% 3 10 16 3 40 8% 17% 2% 40% 17 % Sale Jan. 2% Apr. 10 4 10 21 8 Jan. 12 6% Jan. 31 4 Apr. 11 2 Mar, 22 28 1% 9% 12% 14% 1 6 Apr. 24 Apr. 11 Jan. 28 8 Apr. Apr. 10 8 Apr. 25% Apr. 28 Apr. Apr. 5 25 10 10 14% Jan. 27 % Apr. 10 19 Apr. 12 9% Apr. 11 3% Apr. 11 15% "17% 6% 6 7k 32% 31 8 32% 12 15 10 11 4% % 1% 17% Sale 21 Sale 18 2% 6% 11% 7% o 2% Sale 10% Sale 7% 10% Sale 10 Sale 16% % 14 44% 12% 16 "ll% 12 7% 28% 13% % Sale 1% 20 2% 7 Apr. 1 Apr. 16% Apr. 2% Apr. 7% Apr. 7 --- 11% % 45 Apr. 17% Apr. 6 14 % 20 50 20 15% 14% 3 15% 3% 4%l Jan. 21 Apr. Apr. 8 11 % 9 Mar. 16 Jan. 3 Jan. 4 Mar. 16 Apr. 24 Mar. 2 20 Jan. 6 18% Jan. 4 1% Jan. 18 6% 5% 32% 2% 9% 33% Jan. 8 32 20 Jan. 3 Mar. 11 16% Jan. % Jan. 6 4 20% Apr. 13 15 Feb. 5% Jan. 28% Feb. 16 Jan. 17 3 9 21 11 ii Apr. 10 4% Jan. 8% Mar. 10 % Jan. 4 5% Mar. 9 24 5 21 Jan. 11 5% Apr. 1% Apr. 1 Apr. 19 Jan. 19 Apr. 11 Jan. 24 Jan. 12 11 22 7 12 44 Mar. Mar. 18 45 1 Apr. Jan. 20 6 Apr. 30% Jan. 10% Apr. 10 25 26 Jan. 18 Apr. 10 20 4 Apr. 10 Mar. 28 Apr. Apr. 28 Apr. 3 Apr. 1 Apr. 26 Apr. 20 16 Apr. 26 6% Apr. 10 14% Jan. 26 9 40% Jan. 11 Apr. 10 12% Jan. 28 13% Apr. 10 13% Apr. 10 12 Apr. 28 15% Apr. 12 Apr. 5 28 10 7% Apr. 30 Apr. 13% Apr. % Apr. 10 17 Apr. 19 1 5 17% 1 % 21% 2% 7% 11% 7% „ 6% Mar. 10 5 Feb. 24 19 Mar. 7 26 Jan. 4 19% Jan. 5 46 Mar. 14 5 Mar. 13 7% Mar. 28 79% Feb. 15 40% Mar. 2 87 Mar. 7 8% Mar. 7 4 Apr. 13 % Jan. 18 2% Jan. 4 31% Mar. 11 3% Feb. 1 25 Jan. 30 Apr. 2% Feb. 40% Jan. 11 4 8 12 Mar. Jan. 2* iS* Apr. Apr. Apr. Apr. 32 66 Feb. 1 11 16% Apr. 2% Feb. 24 6 Jan. 28 11 Jan. 26 3 Feb. 9 9% Apr. 27 Jan. 16 2% Feb. 7 1 19 17% Mar. 31 8 Mar. 15 34% Mar. 23 15% Jan. 4 5 Mar. 21 Jan. 28 19% Jan. 1% Jan. 10 12 1 27 3 Mar. 10 Jan. 12 7% Feb. 12% Jan. 1 7 Feb. 15 9 20% Mar. 16 47% Feb. 6 18 Feb. 6 13% Jan. 4 20 Feb. 25 10 17 10 10 4 1 14 Apr. 8 15 Apr. 4 12 Feb. 14 Mar. 11 6% 27% 11% % Apr. Jan. Apr. Apr. 7% 30% 15% % Mar. 8 Mar. 29 Jan. 9 Jan. 10 30 6% Apr. 30 Apr. 11% Apr. % Apr. 50 15 Mar. 13 Jan. 4 94% Jan. Feb. 17 Apr. 24 41% Apr. 11 12% Apr. 4 13 Sale 16 18 11 30 10 43 14 14 14 % Apr. 8 12% 15% 5% 27 11% 15"" 8 18 6 Apr. 10 8 30% Apr. 10% Apr. 26 4% Apr. 17 1% 15 12% "14" 6 16 Apr. Apr. 26 2% 5% % 2% 3% Apr. 5 Apr. 5% Apr. 1% Apr. 1 Apr. 3 Apr. 9% Apr. 17% Apr. . 43 32 Sale 3% Apr. 6% Apr. % Apr. 2% Apr. 5% Apr. % Apr. 2% Apr. 3 Apr. 2% Apr. % Apr % Apr. 2% Apr. 8% Apr. 16 Apr. 45 2% 45 % * page 3% 2% Apr. 8 24% Apr. 7% Apr. 27 4 Apr. 11 2% Apr. 21 28 Apr. 24 1% Apr. 11 4 10 Apr. Apr. 17 74 10% 15% Sale 1% 1% %L Sale 5 Convertible preferred see 28 24 43 2l 420 * 4% 3% Apr. Apr. Apr. Apr. 28 16 8 27% 10% 10 9% 18 25 7% 25% 15% 100 27 10% 1% 30% 12% Sale 203^ 36% Apr. 25 86 Apr. 3 7% Apr. 1 4 Apr. 13 % Apr. 3 2 Apr. 3 33 "\"q 3 2% 8 30 16 3* 31 5 Apr. 11 Apr. 27 6 Apr. 13 2% Apr. 10 % Apr. 4 1% Apr. 10 16 23 3 16 5 6% Jan. 20% Jan. 22% Jan. Apr. 9% Apr. Apr. 2% Apr. 66% Apr. 49% Apr. 2% Jan. 2% Jan. 15% Jan. 18 Apr. 17 17 21 1 39 15 4% Apr. 4 6% Apr. 3 35 Sale 31 1 1 6 6 3 15 20 17% Jan. 12% Feb. 2% Jan. 4 3 5 Apr. 12% Apr. Apr. 3 Apr. 79 Apr. 56 Apr. 8% Apr. 11 9% Mar. 31 1% Apr. 1 3 *5% Apr. 6 18 Apr. 11 17 Apr. 24 36 5 Apr. 3% Apr. 11 5% Apr. 10 81 3% % 1% 4% 29 % 2 36 84 3% 6% Sale Sale w* 6% 7% 4% 2% 25% 2% 9% 14% 10 6% preferred 82 Sale 7k * 40 69% 34% 8 27 j% Sale 6 25 * 2,700 Penn Elec Switch conv A 1,250 Penn Gas & Elec A com 4 4 30 3 Common Parker Pen Co (The) com—10 1,250 1,900 Peabody Coal Co B com 84% 86 Sale Standard— Common 4% Sale Republic Invest Trust— conv pref * 3,166 National Union Radio com—1 4,500 15,150 Nobhtt-Sparks Ind Inc cap. .5 North American Car com—20 6,800 Northern Paper Mills com—* 150 For footnotes S* 2F 25 260 500 40 Sale Sale 510 Ontario Mfg Co common Oshkosh B'Gosh Inc— "300 36 7 150 20 42 35% Sale 9% Sale % 100 450 17 28 7 3 75 16 Sale 4 Apr. 8 9% Apr. Apr. 28 4 2% Apr. 66% Apr. 10 8 49% Apr. 4 17 18 Sale 4% 85 8 Sale Sale Sale Sale Sale 69% 4% i&*. 7§'A 18 18% Apr. 1% Apr. 1% Apr. 20% 15* 12 10 1% Sale 54% Sale 2% 2% 17 15% 22% 21% 6% Sale 70 29 3% 79 Sale 11 8% Apr. 40 45 4% Sale 2% 77 Cumul National 550 Springfilled iNational Battery Co pref Nat'l Bond & Invest com Nat 340 * Preferred 860 350 4% 94% % Sale 2% 7% 2% 3 16 % 18 h 26 20% 20% 21 Mounta.n States Power pref 100 1,190 Muskegon Mot Spec class A-_ * 300 7,100 * Monroe Chemical Co com 80 360 100 100 4 9 21 93 26 150 450 * 5 12% 20 60 8 500 850 Sale 23 * 430 McQuay^N orris Mfg com McWilliam Dredge common--* 550 Manhat-Dearborn Corp com.* 6,350 * 110 Mapes Consol Mfg capital Marshall Field & Go com * 99,310 Mer & Mfrs Sec cl A com 1 23,850 Prior preferred * 2,340 Metrop lndust allot ctfs 40 15,350 Mickelberry's Food Prod coin.l Middle West Corp capital 5 202,510 2.180 4,000 1,300 5 Sale 21 Sale 10 9 6% Sale 20 McCord Rad & Mfg "A"....* 1,670 50 1,066 Sale 22 10 3,920 1,540 Liquid Carbonic common— Loudon Packing common 2,800 250 Lynch Corp common.-- 260 125 1H 3 preferred 1,850 * 8,572 Libby, McNeid & Libby Lincoln Printing Co com—._* 6,800 $3.50 preferred * 950 100 230 Co common Cumulative Le Roi Co common . 270 * Joslyn Mfg & Supply Co com.5 Katz Drug Co common 1 Kedogg Switchboard corn.---* Preferred 100 40 2,540 Kentucky Util jr cum pref.-50 6% preferred 100 390 Ken-Rad Tube & Lp com A--* 1,250 "3", 550 150 1 B) Co capital Jefferson Electric Co com 10% Sale 2 Sale 12 Feb. 31 Feb. 13% Feb. 16 Mar. 14 3% Jan. 14 7 5% Feb. 24 6 CHICAGO STOCK EXCHANGE GQR PRICES IN APRIL CHICAGO SA STOCK EXCHANGE RANGE SW Price Jan. 3 a STOCKS ril 300 Pennsylvania RR capital 50 Peoples Gas Lt & Coke cap 100 Perfect Circle (The) Co * Pictorial Paper Pkg com 5 850 Pines Winterfront common—1 323 Poor & Co class B ,957 994 380 Bid Ask 24 * Sale Sale 18* 32* Sale 26 3* * 15* (The) common 1 Pressed Steel Car common—1 14* Process 100 Corp common Quaker Oats Co common 920 * 117* 100 "350 common * 1 Sears Roebuck & Co ,200 ,913 * com Serrick Corp class B common_1 Signode Steel Strap Co pf 30 250 190 Common 200 * 460 Sivyer Steel Castings 350 South Bend Lathe Wks cap__5 Sou Colo Power A common. _25 180 * com Southw G & E Co 7 % pref. 100 Southwestern Lt & Pow pfd._* 210 _ 30 Spiegel Inc common 2 Sc Joseph Lead capital 10 St Louis JSTat Stockyards cap. * Standard Dredge conv prefl_20 ,595 25 80 _ ,750 ,300 Common Standard Gas & Elec com Stand Oil of Ind capital 300 ,417 Stein & Co (A) common 130 ,313 10* 7Vi 21* 15 l8* 1 * 103 V* c Sale "29"" 2 * , u* Sale 21 * Sale Sale; Sale Sale Sale 4 11 12 3* 2 Sale 25 10 12* 3* 12* Sale 2* - - 10 5 8* 25 15 18* 27* Sale Sale Sale 15* Sale Sale Internacional 25 2 Union Carbide & Carbon cap.* United Air L Transp capital..5 U S Gypsum Co common 20 Utah Radio Products com * ,500 ,202 ,994 783 ,200 400 Utility & Ind Corp common. Convertible preferred ,300 50 Viking Pump Co common .5 7 * 5 90* 12* 110* 2* * 1 * 15 Preferred 30 Wahl Co ,500 ,862 Ward 30 * common 145 * (Montgom'y) & Co ci A * Common ,115 * Wayne Pump Co capital 1 Western Union Tel eg com. .100 West'house El & Mfg com 50 ,452 ,522 Wieboldt 100 Stores Inc com Cum prior preferred "400 Williams Oil-O-Matic com Wisconsin Bankshares— Common Woodall Indust ,850 950 772 * * ,960 >ar value, x Ex-dividend. 118 8* 80 1* 1 * 16* 26* 28* 8 66* 2 18^ 10* 8* 18 Sale Sale Sale 10* Sale 2 1 * 107* 107 88 89* 11* Sale 10* 39 33 31* 73* 65 71* 9 9* 10* 1 * 1* 1* 2* Sale 2* 25* Sale 24* 106 12 Sale 3 2* 8 8* 18* 26* Sale Sale 3 3* 26* Sale Sale 1 * Sale * 1* 15* 38* * 160 Sale 17 151 Sale 45 Sale 22 25 Sale 18* 94* Sale 90 4* Sale 5* 5* 3 "j* "I* 8* 9* 20* Sale Sale 45* 21* 18* Sale 7* 83 82 Sale 165 Sale 119 160 Highest• Lowest Sale Prices Sale Prices 15* Apr. 30* Apr. 24 Apr. 3* Apr. * Apr. 8* Apr. * Apr. 6* Apr. 10 11 10 3 10 10 10 19* Apr. 35* Apr. 26 Apr. 4 Apr. * Apr. 9* Apr. * Apr. 8* Apr. * Apr. 7* 90 2* 2* 4* 3* 77* 1* Sale 4* Sale 1* 17 Sale c W Sale 27* 1* Apr. 10 22* Apr. 11 27 7* Arp. 60* Apr. 1 * Apr. 23 Apr. 8 Apr. 8* Apr. 16* Apr. 1* Apr. 104 Apr. 88 Apr. 10 Apr. 32* Apr. 70 Apr. 9 Apr. Apr. 11 Apr. 2J 23! Apt. 11* Apr. 2* Apr. 7 Apr. 5* Apr. 7 Apr. 17 Apr. 25* Apr. 11 3 3 4 28 12 13 10 3 8* 69* 88* / 5 80 2* 3 Sale 11* Sale 66 7* 77* 1 * * 1 * 83* 1 * * 20 ..... 1 * Apr. 3 16 38* * 15* 17* 153* 156 Sale 40* 23* 22 19* 16* 83* 89* 7 7* Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 17 2 3 23 11 10 21 10 10 18 10 1* 10 106* 17 8 88 4 12* 32* 8 70 8 10* 1* 2* 6 1 12 12 S* 13 >» 11 8 12 10 8 8 11 8 11 8 10 1 10 12 3 17 10 20 10 27 5* 8* 18* 27* Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 4* 4 3* 78* Sale 1* 1 * 8 9* 15* Sale 151 Mar. 4 27 Apr. 5 * Apr. 6 * Mar. 30 8* Apr. 10 4 1* Apr. 10 3* Apr. 14 Apr. 74* Apr. 10* Apr. 85* Apr. 1 * Apr. * Apr. 1 * Apr. 16 Apr. 38* Apr. 1 * Apr. 17* Apr. 156 Apr. 47 Apr. 23* Apr. 1 3 6 2 9 1* 2* 23 * 3 13 20 3 4 20 Apr. 3 95* Apr. 7* Apr. 3 6 1 4* Apr. 4 Apr. 15 79* Apr. 27 8 8* Apr. 26 16* Apr. 28 Alar. 22 11* Apr. 11 Apr. 8 7* Apr. 11 77* Apr. 8 1* Apr. 10 66 1 19 12 2* Apr. 13 7 Apr, 11 7 5* Jan. 7 Apr. 12 17 Apr. 10 25* Apr. 8 1 11 11 26 70 3 3* Apr. 18 3 Apr. 11 74* Apr. 11 Apr. Jan. 32* 3 2* Apr. 20 7* Apr. 17 8 1 Apr. 11 12 5 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 6 10 6 Jan. 88 3 18 17 Mar. 30 104 27 12 11 11 10 Apr. 11 8* Apr. 21 16* Apr. 10 1* Apr. 10 4 22 9 Apr. Apr.' Apr. Apr. 8 1 10 4 17 3 4 8 28 3 8 15 1 13 3 8 3 3 Mar. 22* 7* 60* 1* 22* 3 28 3 90 2* 15* Apr. 10 30* Apr. 24 Apr. 3* Feb. * Apr. 8* Apr. * Mar. 23 6* Apr. 8 * Apr. 1 108* Apr. 10 18 Sale 2* 13* 72* 1* * 1* 15* 38* * 17* ..... 2* Jb 82 20 A* Sale 6 Sale J 9* 1* Sale Sale Sale 73 Sale 6 8 31 8* Sale 5* 11* 11 "2* Sale 20 7* * 1* 1* 18* 16* 26* 24* 8* Sale 67* Sale 1* 23* 26 9 10* 10 8* 18 17* 1* Sale Sale 2* 2 17* 33* 24* 4* Lowest Sale Prices * Apr. 1 Sale 110 2 114 117 108* Apr. Apr. 3 160 151 * Apr. 146* 150 155 Apr. 10 29 29 26* 27 Apr. 27 Apr. 5 1 * 1* 1* * Apr. 1 * Apr. 3 1 * * Sale 10 8* 8* Apr. 10 9* Apr. 1 Sale 1 * 18* Sale *88 MPs 27* 1* * 9* * 14 * common 116 a Sale 70* 9* Sale * Wrigley (Wm Jr) Co capital-_* Yates-Amer Mach capital 5 Yellow Cab Co Inc (Chicago).* Zenith Radio Corp common..* "685 6 39 common Walgreen Co * Sale 13 "58"" "80"" * Thompson (J R) common Trane Co (The) common 7* * 10 Swift 490 3* 15* 12* Swift & Co capital stock ,628 ,985 24 Sail* 23 Storkline Furniture com Sunstrand Mach Tool com 600 ,900 32 22 105 1 * * Sale 28 90 78* 15* Sale 1 Sterling Brewers Inc common .1 Stewart-Warner Corp com 5 50 * 152 2* 19* 24* 1 * Sangamo Electric Co com Schwitzer Cummins capital "750 Sale 152 26* 1* * Common Ross Gear & Tool ,250 17 27* 16* * Rath Packing common 10 Raytheon Mfg Co com v t c 50c 6% preferredvtc 5 Reliance Mfg Co common 10 Rollins Hosiery Mills— 100 Sale 3* 4 Sale Ask Sale * Preferred 160 450 April 29 Ask Bid Bid 38 * 26 Potter Co 200 ,840 April 1 1939 Par res ( * 1* 15* 38* * 15* 155 Jan. 16 Apr. 10 Jan. 30 Apr. 3 Feb. 9 Apr. 10 Jan. 40* Apr. 22 Apr. 16* Apr. 83* Apr. 7* Apr. 80* Jan. 2 Apr. 4 10 27 10 11 6 4 11 3* Apr. 18 3 Apr. 11 74* Apr. 11 1* Mar. 22 5 Jan. 13 12 Apr. 11 / RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE Jan. 1 to April 30 Jan. 1 to Jan. 3 Since Jan. 1 BONDS 16", 656 1,000 3,000 Shares 4,130 _...1947 4,879 1,826 2,619 1,714 2,307 1,236 1,195 370 376 325 98 Read STOCKS * com * vtc 5% preferred : 100 Davison Chemical Co com Eastern Sugar Assoc com Preferred 1 1 Fidelity & Deposit -20 Fidelity & Guar Fire Corp—10 5 1st preferred 889 Penna Water & Power com 46 Phillips Packing Co pref 178 Seaboard Comm'l com 5 % preferred 64,135 U S Fidelity & Guar 384 Western National Bank value, x Ex-dividend. 96 100 Jan. 101 101 100 102 10134 Apr. Apr. Apr. 14 100 15 102% Apr. 14 13 100 102 21% Sale 19 21% 20% 16% 14 35c 8 1.20 Apr. 11 1.40 Apr. 13 17 3% Apr. 16 Apr. 19 Apr. 74% Apr. 114% Apr. 5% Apr. 5% Apr. 15 Apr. 28 8 119% Apr. 19 31 Apr. 18 10% Apr. 4 19% Apr. 1.30 10 10 30c Sale 2% 21% Apr. 17 40c Sale 1.50 Sale 16 22 19 70 115% Sale "5% ~~5% 12% 119 14% Sale 32 35 10% 11% 74% Sale 113% Sale 6% 4% Sale 73 74 5% 6 13 Sale Sale 118 Sale Sale 30% Sale 10% 11% 3 21% Apr. 19 Apr. 15% Apr. 35c Apr. 2% Apr. 20% 32 9% 11% 9% 10 Apr. Apr. Apr. 72% Apr. 113 Apr. 5% Apr. 17 27 5 8 6 Apr. 4 12% Apr. Apr. 29% Apr. 9% Apr. 10 Apr. 11 4 112 18 10 Apr. 3 10 4 29 1 3 18 19% 18 Sale 17 18 16% Apr. 15 20 Apr. 14 18% Apr. Apr. 20 3 14 95c 80c 90c 71c Apr. 15 Apr. 25 95c 70c 4 Apr. 12% Apr. Apr. 29% Apr. 9% Apr. 10 Apr. 112 4 11 8 19 18 18 16% Apr. Apr. 20 85c 35~~ HI" 39 11% Sale 27% "38%::::: 42% 11% Sale ..... 12 1.15 Sale 82% 15 27 83% 36 42% 12% 26% iM 38 85 13 1.25 1.50 84% 1.15 Sale 20c 14% 25% 85% 30c 14% Apr. 25% Apr. 1.05 Apr. 38 Apr. 42% Apr. 10% Apr. 1.10 Apr. 17 13 25 12 10 8 5 83% Apr. 25 30c Apr. 20 80 79 Apr. 4 15 27 1.50 39% 42% 12% 1.25 87 30c 81 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12M 10 34 50 19% Sale 31 Sale 20 12% Apr. 11 12 Sale 12% Apr. 16% Apr. 32% Apr. 20% Apr. 33% Apr. .... 19% 20 32 33 8 11 18 9 4 26 35% Jan. 28 42% Apr. 10 8 10% Apr. 27 1.00 Feb. 24 4 83% Jan. 31 Jan. 6 73 Jan. 4 67% 12% 36% 16% Mar. 23 Apr. 11 Mar. 24 8 Apr. 31 Jan. 20c 19 4 12 5 5% Apr. 27 Apr. 29 15 128% Mar. 9 35% Jan. 19 10% Mar. 6 10 Apr. 18 2.00 Jan. 25 50 Mar. 30 8% Jan. 6 30c Mar. 1.40 Jan. 15 1.40 Jan. 11 3 35% Jan. 3 % Feb. 17 4 £242% Mar. 30 1.00 Jan. 3 Jan. Mar. 13 Jan. 11 19 80% Mar. Apr. 14 Mar. 23 Mar. 10 Jan, 21 65c Jan. 20 Jan. 21 3% Apr. 28 22% Jan. 5 2.10 Jan. 20 25 28 3 21 224 13 5 Mar. 15 1 10 7 28 14 3 12 2 Feb. Feb. 27 Feb. Feb. Apr. 15 70c Apr. 25 27% Jan. 24 % Feb. 17 238 15% 16 25% Sale * 2 4 71c Apr. Apr. Feb. Jan. 112% Mar. 22 117 6 8% Jan. 5% Apr. 6 Sale 100 20 Jan. 5c 50 100 16 10c •i- 31 Mar. 15 65c 2.00 Jan. 25 50 Mar. 30 19 Jan. 30c Mar. 11 1.20 Apr. 11 2% Apr. 17 Apr. 17 16% Mar. 22 27 9 24% Mar. 10 31% Jan. 3 15% Apr. 10 71 21 30 23 19% Apr. 14 17 Apr. 10 15% Apr. 10 14 18 101 15 101 Jan. 31 10134 Feb. 28 10134 Apr. 14 101 Apr. 15 102% 27 17 7 21 15 Mar. 28 Mar. 28 31 Feb. 27 Mar. 20 Mar. Sale 61 National Marine Bank——30 2 22,079 New Amsterdam Casualty 8,189 North Amer Oil Co com 511 Northern Central Ry 10 1,800 Owings Mills Distillery 1 par 11 Jan. 15% Apr. 35% 170 60 Sale Sale Sale 1,408 No 20% 31 1.40 303 * Apr. * 530 14"i3i 8 100 101 102 34 * — 20 Apr. 100 Common class A 5,838 2,344 Martin (Glenn L) Co com 1 3 Maryland & Pa RR com—100 413 99 100 1 Preferred 84 101 101% 99% 100 2d preferred 29,404 Mar Tex Oil 15 Mercantile Trust Co 100 15 14 6 101 5 1,401 Merch & Miners Transp.. * 1,247 Monon W Penn PS 7 % pref_25 732 Mt Vern-Woodb Mills com.100 64 21% Apr. 24% Apr. 86 Apr. Jan. 27 10834 Jan. 121% Mar. Mar, 24% Jan. Apr. 27% Mar. Apr. 86% Mar. Apr. Jan. 10234 Feb. 100 99% 1 99 8 19% Apr, 10 22% Apr. 12 84 Apr. 17 10834 121% 19% 22% par 134 Mfrs Finance common v t 5,584 2,367 Highest Sale Prices 15% Mar. 20 1950 Drug & Chem 5%s._1945 5% 1 100 100 13,727 Houston Oil preferred. 6 Humphryes Mfg Co common. * 170 Sale 2434 100 Class B 150 130 Guilford Realty Co com 2 6% preferred 481 Lowest Sale Prices 100 244 9,625 1,423 Highest Sale Prices 45 1949 416 Finance Co of Am class A 150 24 101% 9934 Sale 5% * 128 Brager Eisenberg Inc com—50 * 3,273 Consol Gas E L & Power 672 20% Sale Ask 86 100% 101 9634 97 5% 5% 973 Black & Decker common 1,044 2,469 82*2 24 1945 1946 1948 1st preferred v tc * 762 Benesch & Sons Co Inc com__ * 80 Sale Sale 22% Sale Lowest Sale Prices April 29 Ask Bid 1945 5.508 260 20 Interstate Co 5% 3,671 Bait Transit Co 762 Bid Ga Sou & Fla Ry 5%. 915 Atlantic Coast L (Conn) 50 30 Atlantic Coast Line RR comlOO 1,583 1,036 Ask Ga Caro & Nor ext 1st 6s. .1934 14,536 Arundel Corp 30 6 B 5s. 1975 Finance Co of Amer 4%-.1942 Shares 195 2,265 1975 1975 A 5s flat 4%. Bid 1945 1961 Million 200 City 4s Dock Iinpt 546,400 Bait Transit Co 4s flat 174,800 34,000 16,000 81,500 2,000 7,000 1,000 1,000 5,000 3,000 2,000 6,000 April 1 1939 BALTIMORE CITY BONDS400 Oity 3 %s Four 142,000 30,150 18,000 1 Price STOCK EXCHANGE April RANGE SINCE JAN. PRICES IN APRIL BALTIMORE SALES $192,550 622,300 872,600 April 30 AOOREOATE In 1938 1939 $210,150 April 38,742 202,863 52,140 201,408 Shares_ Bond Sales 1938 1939 Stock Sales April 3 17 Mar. 4 27% Mar. 15 2.00 Feb. 7 45 Mar. 15 43 Mar. 31 14% Jan. 26 1.25 Jan. 12 88% Mar. 10 30c Apr. 20 84% Mar. 10 68 Mar. 32 13% 38% 23% 33% Jan. Jan. Mar. Mar. 30 25 10 24 Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON Stock Sales April. _ _ BOSTON STOCK EXCHANGE 1939 1938 441,032 356,465 1,806,576 1,616,453 Shares_ _ Jan. 1 to April 30_ Bond Sales 1939 April Jan. 1 to 1938 $34,600 , April 30_ $7,350 63,900 151,600 AGGREGATE SALES BOSTON PRICES IN APRIL STOCK EXCHANGE In April Jan. 1 BONDS 1939 Bid A 4%s '48 1948 84 5s 6s 1948 1948 88% St RR ser Bid Sale Ask Bid 80 Ask 84 85% 84% 90 92% 103 92% 82% Lowest April 29 April 1 88 % 6s 84,000 East Mass Series B 50,900 Series C 6,700 Series D 10,000 3,500 1,950 SINCE JAN. 1 Jan. 3 Par 19,000 10,150 RANGE Price Since _____ Ask Sale 90 93 96 Sale 96 Sale Highest Sale Prices 80 Apr. 12 80 Apr. 8 93 % Apr. 27 92 Apr. 291 Lowest Highest Sale Prices Sale Prices Sale Prices 80 85% Apr. 28 90 Apr. 13 96 Apr. 29 96 Apr. 29 Apr. Apr. 12 85% Mar, 16 80 Mar., 6 Feb. 8 17 90 92 96 91 .Tan. 9 96 Apr. 29 Apr. 2 9 Jan. 17 1% Jan. 11 1 Shares STOCKS Shares 50 315 120 11,948 160 173 2,013 1,885 1,929 550 32 1,205 Amer Pneumatic Service 2,345 6% cum pref ___100 10,094 Boston & Albany 100 11,120 Boston Edison Co 100 7,700 Boston Elevated 100 3,482 Boston Herald Traveler Corp_* 210 Boston & Maine pref stpd__100 Common (stamped) 538 100 14,028 5,903 189 2,466 320 154 715 1,335 101 1,287 46 5 1,356 84 300 .1,337 "2~, 012 ""546 854 457 355 122 847 522 1,196 58 50 1,060 75 50 250 1,288 496 Preferred Prior preferred Class A 1st pref 1st preferred class A 1st pref stpd 18 100 ""300 125 1,310 50 130 97 2,110 '"271 7,149 ""265 Sale 1% 11% Sale 12 12% Sale 1 20% 3% 5% 18 22 469 ""419 5.966 119 1,697 90 3,384 330 13,465 97 330 795 102 * 13 25 Reece Button Hole Mach 10 2,013 10 1,399 Reece Folding Mach Co 7,120 Shawmut Assn T C Stone & Webster lnc cap stock. 23,315 2.149 Suburban Elec Secur 2d preferred 50 11,133 Torrington Co (The) com * 17.900 6% cum preferred 2,271 27,235 Utah Metal & Tunnel 550 Venezuela Holding Corp 132 Vermont & Mass Ry Co 25 1 1 100 * 2,093 Waldorf System lnc * 3,233 Warren Bros 227 Warren (S D) & Cocommon..* Ex-dividend. _ 4% 25c 3% 15c Sale 1 17 3% 6% 1% Apr. 11 2 Apr 2% 1 % Apr. 14 2 3 Apr. 12 2 Sale 4% 1% 19 7% 1 Sale 2 68 25 12c 19% 1% 5% 6% 1% 12 Sale 2% 18% Sale 3% 4% Sale 2% 14% Sale 1% Sale 23 Sale 28% Sale 6% Sale 1% 14% 2 "12% 2% Apr. 3 Apr. 5 Apr. 20 Apr. 15 Apr. 18% Apr. 27% Apr. 11 1 % 5% 5% 1% 21 % 23 4% 12 10 2 4% 4c "l% 26 107 4% Apr. Apr. Apr. Apr. Apr. Apr. 4 14 8 13 6 10 18 29 3 10 8 16 II 5 Sale % 1 51 " Sale Sale 55 % 5 1% 19% 8% 1 % 3 Apr. 1 Apr. 4 Apr. 6 Apr. 70 Apr. 27 22 Apr. 28 3% Apr. 28 6 3 Apr. 20 Apr. 13 15 6 Apr. 4 20% Apr. 27% Apr. 18 1% Apr. 29 Apr. 20 6% Apr. 20 4 1% Apr. 22 6 Apr. 6 14 1% 21 % 103% Ape. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 27 35c Sale 57 Sale 37c 39c 14 13 6 8 4 12 10 6 8 21 10 % Apr. 35c Apr. "1% 95c 1 30c 90c 30c 90c 24c 30c 40c 26c 35c 25c Apr. 11 9% 17% 1% 10% 9% 15% 1% 14% Apr. 24 Apr. 11 5 Apr. Apr. 18 3 15 Sale 10 Sale 18% 2% 3% 17% 2 1% 10% Sale 17 Sale 80c 1 Sale 2% 16 14 1% 9% 9% 1% 9% 14 1% 9 1% Sale 1% 15% 50c 80c % Apr. % Apr. 9% 8 17 28 8% Apr. "50c" "80c" 8% Apr. 35c Apr. 47% 32 44 35 26 24 25 23% 24 11c "23" "24" 85% 42% Sale 70c Sale 43 1% 2% 70 67% 6 % Sale 4 3% 22 17% 76% 42% 6 1% Apr. % Apr. Apr. 11 Apr. 19% Apr. 2% Apr. 15 Apr. 40c 55c % 70 6 2 24% 19" 16 22% Apr. 20 10 71 % Apr. Sale 41 % Apr. 60c 75c Sale 50c 2 40c 70 14 Jan. 6 23 5 30c Jan. sic* Mar. Mar. 7 8 17 14 18% Apr. 27% Apr. 6 2% 2% 6 7 Jan. 11 5 12% Jan. 4 2\H 4* 77 Jan. Mar. 7 Mar. 4 Mar. 26 4% Mar. 3 Mar. 6 25* 24* Jan. Jan. 8 Mar. 22 Mar. 13 Jan. 3 32% Mar. 10 Mar. 22 3 10 19 y Feb. 23 Jan. 31 8 Jan. 3 1% Jan. 21 27 Mar. 22 20 Jan. Jan. 31 Mar. 15 51c Mar. 25c Jan. 31 Apr. 27 17 Feb. 17 25 Apr. 25 % Apr. 14 13% Jan. 25 4% Jan. 11 10 8 Apr. 2 Jan. 17 3 Mar. 31 4 3% Jan. 4c 6 Apr. 1% Feb. 21 15 Jan. 4 103% Apr. 10 Mar. 27 % Mar. 27 35c Mar. 31 Jan. 30 2% Mar. 10 3 22% Jan. Mar. Mar. 20 2 Jan. 31 Mar. 11 Feb. ndH Fbb. Jan. Jan. y 58 Apr. 27 Feb. 1% Jan. 71 Apr. 20 6% Apr. 2% Apr. Apr. 12 70 1 Apr. 5% Apr. 11 1 % Apr. 8 24 Apr. 12 24 3 Jan. Apr. 17 14 4% Jan. 24% Jan. 3 Jan. 9 Jan. 17 Jan. 11 8 Feb. 10 1% Jan. 27 8% Apr. 14 8 8% Apr. 35c Apr. 14 45 % Jan. 12 22% Feb. 14 3 16 iiH 9 Jan. 4 Jan. 6 45% Jan. 12 28% Mar. 11 Mar. 17 12c 17 Feb. 24% Apr. 85% Jan. 23 16 14 8 8 17 12 11 31 Mar. 18 3 Mar. Mar. 17 12 18 4 3 18 8Gc 20 29 23 1 40c 71% Apr. 41% Apr. 50c Apr. 1% Jan. 69% Jan. .5% Apr. '1% Mar. 3 13 17 14 24% Apr. 77% Apr. 43% Apr. 84c Apr. 8 5 5c 27 8 12 3 2% Jan. 14% Mar. 17 6% Mar. 9 18 Jan. 14 Feb. 9% Mar. 31 15% Apr. 11 1 % Apr. 5 3 6 % Apr. % Apr. 20c 4 3 2 80 5% 22 9 3 8 Jan. Apr. 4% Jan. 14 9% Apr. 11% Apr. 50c Apr. 17% Apr. Sale 6% 2% Mar. Feb. 12c 75% 43% Sale Mar. 29 2% Mar. 1% Feb. 3 25 11c Sale §* 9 5 Feb. 11 44 25 8 11 15 10c 2 Sale 14 11 57 60c 14% 24% 16 Jan. Mar. 12 31 12 8 Apr. Apr. 27 1 % Apr. 28 6 14% Apr. 5 5% Apr. 5 12% Apr. 1 2% Apr. 20 4 Apr. 4% Apr. 24 4c 6 Apr. 8 1% Apr. 24% Apr. 24 108 1 Apr. 57 % 3 11% Mar. 8 3% Mar. 9 2% Mar. 10 3 Jan. 1% Jan. 8 Mar. 11 2% Mar. 10 9 2% Mar. 16 Jan. 1 19 27 1 5% Apr. ,5% Apr. 9 Feb. 3% Mar. 60 14 Mar. 3% Mar. 10 3% Mar. 8 1 Apr. 17 16% Apr. 10 7 8 Apr. 20 Mar. 10 Mar. 17 56% Mar. 14 10 3 Mar. 11 11 3% Apr. Feb. 3 16 16 12 % Apr. 42c Apr. 20c 1% 21 Jan. 51 % % Jan. Apr. 1% Jan. 4% Apr. 22c 49 Sale . 10 5 3 ' Sale 55 7 4 25c 20c 18 20 5c Sale 8 10 5 1% 10 Apr. Apr. % 14% 18 5 11% 2% 17% 4% 26 Jan. Jan. Jan. Jan. Apr. Jan. Jan Mar. 13 55c 24c Sale 1% 25 107% Apr. 13 Apr. 1% Apr. 6 Apr. 3 Jan. 1% 1% 1% 1% 1% 1% 1% 2% 20c 1 21% 12c 12 — Sale 17 17 16 Sale 1 Apr. 16% Apr. 7 Apr. 21% Sale 3% Sale 6 5% 20c 1% 14% 5% 11 12 10 65 25c ■ 14 14 3% Apr. Sale 27% 1% 10 .6 26c 15 Sale Apr. 10 Apr. 1 % Apr. 4% Apr. Feb. Mar. Mar. 9 146 6 20c 25 Sale 5 I 11 Jan. 38% Apr. 11 16 6 Apr. % Jan. 17 5 1% Apr. % Feb. 27 13 Apr. 2% Apr. 20 60c iiM *127 4 3% 3% 11% 9 1 17 25c Sale Sale 2% Jan. 1 8% Apr. 2% Apr. 40 * 100 Union Cop Land & Min Co__25 5 1,538 Union Twist Drill United Shoe Mach Corp 52 x 106% . 100 1% 5% 10 14 _____ 6 — 10 11 20 25c 50c 35c 20 Sale Sale 1% * ^__50 16 Sale 5c * __25 Sale 2% 1% 11% 1 6% Apr. 1 % Apr. 7% 17% 21% 22 Apr. 38% Apr. 16 Apr. 12 147% Apr. 10 170 % Jan. 14 1% 24% Jan. 23 26% 67 82 Apr. 17 8 71% Apr. 89% 5 1 % Apr. 35 1 100 1,867 Pacific Mills 18,552 Pennsylvania RR_ 1,901 Quincy Mining Co No par value. Colony Certificates of deposit Old Dominion Co " 4 2 3% 25% — 2 22% 3% 100 174 New River Co 6% cum pref 100 N Y N H & Hartford 100 4,278 North Butte___ 2.50 69.899 .100 20 Northern RR (N H) 3,167 4 2% 22 1% 5% 6% 15% 15 * 7,458 331 441 2 128 75% Apr. 8 77% Apr. 11 139% Apr. 11 47 Apr. 6 17% Apr. 5 15 6% 5% 100 2% 1% 67% 20 71% Apr. 17 % Apr. 18 Sale 2% 2 Apr. 32c 4 1% 1% 1% 1% 1% 1% 27% 13 * 3,743 Mergenthaler Linotype 17,547 Narragansett Rac'g Assn Inc.l 5,172 328 Sale 25c 15 % 7% 4 3% 5% 8 Apr. 3 Apr. Apr. 13 28 Arj Apr. 14 2 20 4 30c 39 1% Sale 1% 5% * Old 8 32% 8 18 67 2 61 1% 68% .24 17 Sale 14 Class B _ 1% 19% Sale tr ctfs ___1 155 Int'l Button Hole Mach Co__10 150 National Ser Co common 485 National Tunnel & Mines N E Gas & El Assn pref. 1,098 New England Tel & Tel 16c 75c Sale 67 Sale Sale % 2% 4% 5% 24 75 1% Sale 25c 1 25c 1% 1% 5% 1% Sale 5% 4,200 Helvetia Oil Co 1,410 4,104 Sale 22% 1% 8% ;25 145 1% 1% 1% 25c _ 4 8 8 % Apr. % 1 % Apr. 3 1 % 13 12% Apr. 10 147% Apr. 10 160 % Apr. 14 % 19 2% . Sale" 12 100 1,145 1,519 3,875 17 137 2 _ 1% Sale 1% 20% 548 Sale 16% 3 * 2,811 Maine Central. Preferred 5% 740 Mass Util Associates vtc 3,703 43% Sale Preferred 220 Loew's Theatres (Boston) Sale Sale 411 3,290 Isle Royal Copper Sale 46 1% 2% __ Sale 17% 67% 74% 138 2 Preferred B 100 3,451 Adjustment 100 6,625 9,885 Eastern SS Lines, Inc. * 228! Preferred * 380 Economy Grocery Stores * 5,144 Employers' Group Assoc T C_* 353 General Capital Corp * Georgian lnc (The)— Class A preferred 20 1,197 * 1,196 Gilchrist Co * 4,844 Gillette Safety Razor Co * 802 Hathaway Bakeries class A_ 35 77% 1% 1% 1% 773 75 19% 82 1% 4,510 1,015 Boston & Providence 100 1,280 Brown & Durrel Co common._ 25 3,438 Calumet & Hecla 140 Cliff Mining Co 25 7,597 Copper Range Co 25 1,164 East Boston Co 2,242 Eastern Gas & Fuel Assn com.. 4 % % cum prior pref 4,759 100 6 % cum preferred 3,117 100 2,123 East Mass St Ry Co -.100 First preferred 100 1,077 1% Sale 158 17% 1 Sale 2% % 6% 2% 1% 2% preferred class B 100 Class C 1st pref stpd 100 1st pref class C 100 Class D 1st pref stpd 100 Class D 1st preferred 100 Boston Personal Prop Trust._*• 15 53 Sale 50c 1st 75c 1% 12% Sale 52% 100 Class B Sale 75 80 Sale 130 100 154% 25% 82% 100 15 Sale 75 100 stpd 40c 1% 12 12 Sale 149% 1% 24% 311 1% 1% 10 75c 50c 60c 1% First preferred 46,431 Amer Telep & Teleg_ 2,029 Assoc Gas & El Co class A 1 65 Bigelow-Sanford Carpet corn.* 517 . 32c 465 20 ""954 . par __* 27 3 44% Mar. 20 84c Apr. 18 2 Jan. 11 Apr. 20 7% Feb. 16 3% Jan. 16 8 24% Feb. 71 Pittsburgh Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Jan. 1 to April 30 Jan. 1 to $io~666 April 30__ AGGREGATE PRICES PITTSBURGH EXCHANGE SALES STOCKS April Jan. 1 Par 2,372 • 535 505 6,770 600 3,862 200 400 676 200 315 2,140 1,327 25,461 1,575 17,236 800 214 18,816 35 100 223 793 6,871 20,898 1,565 22,424 8,264 10 10 224 350 ' 400 Byers (A M) Carnegie Metals Clark CD L) Candy Columbia Gas & Electric Consolidated Ice Co Preferred Copperweld 120 1 * * * —10 1,435 130 * * 10 5 * __100 Fort Pitt Brewing1 Harbison-Walker Befrac com_* Home (Jos) common 100 Jeannette Glass preferred--100 Jones & Laughlin St'l pref__100 Koppers Gas & Coke pref. _ 100 Lone Star Gas * McKinney Manufacturing— * Mountain Fuel Supply 10 Nat Fireproofing Corp com.-5 Penn Federal Corp common--* 4%% preferred— 50 _ 1 * * 2,723 95 Pittsburgh Coal Co 50 * * Foundry 6 240 Standard Steel Spring, i 2,601 United Engine & Fdy 500 United States Glass 1,060 Vanadium Alloy Steel 3,065 Victor Brewing Co 50 Waverly 3,486 1,132 Oil Works A 9,287 Westinghouse Air Brake 3,091 Westinghouse El & Mfg _ 10 12% 12% 12 13 8% 90c iox Sale Jan. 2% Feb. 5% Jan. 35 Apr. 10 Mar. 7% Apr. 30c Apr. 5 Apr. 5% Apr. 5% 6% Apr. 12 6 1% Apr. 6 7% Sale 1 Sale 15% io h 4% 6 34 IX 5 11% Apr. 4 7 Jan. 15% Apr. 12% Apr. 5% Apr. 7% Apr. 1% Apr. 8 15 Feb. 4 11% Apr. 15 16 11% 6X "i h 27% 9 115 3% 2 7% 10 56% 13 31 17% 12% 11 60c 20 6% 10 8% 10 8 Apr. 11 % Apr. 5 Apr. 6% Apr. 1 Apr. 4 10 27 Mar. 16 1% Mar. 16 24% Jan. 11% Apr. 25 70 9 55c 4% 2% 25 Sale 75 9% 60c Sale 2% 8% 2 27 % 2% Sale 2% 2 Sale 4% 1% 1 19%::::: Sale 63 1% 60 X 9 Sale Sale 60 Apr. 7% Apr. 11 63 10 9 Apr: 1 Apr. 28 2X 4% 4% 1% Sale 4 1 4% Apr. 1% Apr. Apr. % Apr. 3 21 25 25 III-I Apr. 11 25 Apr. 11 1% Apr. Apr. 10 1% Apr. 26% Apr. 10 13 Apr. 10 99% Apr. 6% Apr. 3 3 1 25 1% Sale 23 25 22 10 5 Alar. 16 1% Mar. 16 26% Jan. 14 14% Feb. 15 25c Jan. Jan. 12 Mar. 7 Jan. 3 25 Jan. 60% Jan. 72% Jan. 9% Feb. 65c Jan. Jan. Apr. 5% Jan. A^r. 3 9 9 25 5 4 7 20 20 lc Feb. Jan. 2 19 1% Feb. Apr. 3% Jan. 22 Jan. 1% Feb. Mar. 28 Jan. 13 14 17 14 26 1% 25 10 Jan. 23 6 Feb. 4 lc 2 1% 29 Jan. 1% Feb. 29% Jan. 11% Jan. Jan. 1% Feb. .... 16 7 60% Jan. 57% Feb. 7% Apr. 50c 2% 4 Feb. 18 5 Apr. 6% Apr. 90c Jan. Apr. 27 Apr. 24 Jan. 6 4 Jan. 5 Jan. 14% Mar. 11 6% Jan. 7 29% Jan. 11% Jan. Jan. 7 26 19 28% Alar. 11 4% Jan. 26 8% 7 10 97% Sale 5% Sale 5% Sale 10 Feb. 1 75c 60c Sale 60c 90c 5% lc 2% 4 2c Sale 25 25c Sale ----- 5 4 2c 1c. 1% 50% 5 2% «. 7% lc Apr. 26 1% Apr. 50% Apr. 5 Apr. 10 3 6 5% Apr. 24 lc Apr. 26 2 Apr 1 50% Apr. 3 6% Apr. 19 Sale^ 29 X 50c Sale _ 1 _____ 50c" 23 26 % 30c 30c Sale 40c 29% Apr. 1 50c Apr. 21 24 Apr. 12 30c Apr. 12 25% Apr. 50c Apr. 23 30c Apr. Apr. 80c Jan. 3 Jan. 25 8 Feb. Jan. Feb. 21 2% Jan. 26 5% Apr. 24 lc Sale Sale 19% 91% Sale Sale 1% Sale 88% Sale 18 Apr. 83% Apr. 10 10 21% Apr. 97% Apr. 1% Apr. 24 1% Apr. Jan. 18 1% Apr. 1G 50% Mar. 21 5 Alar. 31 lc 3 28 18 7 50% Mar. 21 6% Apr. 19 19 Jan. 16 28 25% Apr. 11 33% Alar. 13 1 50c Mar, 23 Apr. 29 25c Jan. 4 1% Jan. 18 Apr. 83% Apr. 1H 29% 118% Alar. 16 13 10% 90% 4% 5% 24 35c * 1 * 2c lc 2 bOX 5% 32%. 2% 5% Apr. 24 50 * 5 ix 5% Apr. 75c 50c 19 11% Jan. 24 20 10 116% Mar. 7 11 9% Jan. 4 9, Jan. 4 31 Mar. 31 22% Mar. 14 60c Apr. 90% Apr. 4% Apr. 5% Apr. Apr. Feb. Apr. Apr. Mar. 20 13 8 1 * 50 14% Apr. 10 6 6 16 5 1 Preferred 7% 39% 11% 8% 40c . 25c 5 Preferred 200 9 15% 2% 210 3 Apr 27 Apr. 24 3 Apr. 1 Apr. 3 Apr. 3 Apr. 6 Apr. 1 % Apr. 1% 1834 1 1 100 3 % 25c" 5 14,950 San Toy Mining 9,937 Shamrock Oil & Gas 18% Apr. 5% Apr. 5 18 * 457 220 35c Sale 6 2 550 Reymer & Bros common 112 liuud Mfg 110 200 Sale 1 25 Plymouth Oil Co 318 608 30c 100 1,223 Pittsburgh Plate Glass 4,539 Pitts Screw & Bolt Corp 8 3% Apr. 27 5 5% Apr. 35 Apr. 13 8 10 Apr. 7% Apr. 11 30c Apr. 20 5 Apr. 10 11 % Apr. 6% 7% 720 Renner Co 2,000 2,872 7% com—100 Preferred Highest Sale Prices 113 10 Steel 066 Pittsburgh Steel 40c 35c Lowest Sale Prices 14% Apr. Sale Sale 25c Preferred 422 75c 7% Highest Sale Prices 105" 71 H 55c 500 Pittsburgh Forgings— 455 Ask Sale —— 10% 7% * 5,794 Phoenix Oil preferred 1,141 Pittsburgh Brewing 507 16% 109 10 7,116 Duquesne Brewing 435 Electric Products 1,436 Follansbee Bros pref__ 170 905 Sale 113 Lowest Sale Prices April 29 Ash Bid Bid Corp Preferred New ; 173 650 Crandall McK & Hend. 2,744 Devonian Oil 10 7,453 27 Ask 1,186 Armstrong Cork Co 3,524 Blaw-Knox Co 60 70 i * Preferred 317 Arkansas Nat Gas 70 275 Bid 100 5,188 Allegheny Ludlum Steel 14C April 1 1939 Shares 523 1 Jan. 3 Shares 1,656 RANGE SINCE JAN. IN APRIL Price STOCK Since In 1938 1939 April 111,802 469,103 84,631 345,906 Shares_ April Bond, Sales 1938 1939 Stock Sates Jan. Mar. 14 11 75c 26% Jan. 5 Jan. 20 1% Jan. 10 31% Jan. 10 118% Jan. 11 40c 4 3 UNLISTED 508 * No par 1% .Sale 1,726 value. x Ex.dividend. 1 1% Apr. 24 2% Jan. 4 Detroit Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON Stock Sales DETROIT STOCK EXCHANGE 1939 April— 1938 I 276,831 J .Shares. 233,097 i Jan. 1 Stock Sales 1939 to April 30 Shares- 1938 1,119,300 1,189,566 1 AGGREGATE SALES DETROIT STOCK EXCHANGE In April Jan. 1 Shares 600 PRICES IN APRIL Shares 1,400 10,380 ""667 STOCKS 150 500 Bower Roller 325 850 2,000 Strip Co common Paper 31% IK 915 """425 """485 2,200 630 1,111 "6",800 3,190 5.095 5 UK IK Sale 3 4,292 Federal Motor Truck 785 "l2", 142 3,275 3,225 3,925 2,075 3,199 800 1,160 1,028 2.726 "9",700 ""655 525 200 400 610 950 598 1,920 1,263 11,875 11,612 5,245 1,095 1,677 4,471 995 1,080 1,915 2,945 1,449 1,167 350 7,602 169 2% 82c 5.727 .5 960 195 2K 24 K 15 K 5K * 8 10 8 2 1 Prudential Investing Reo Motor common 5*$ ■16* IK 2K 2 2 4 80c 5 Apr. 3 2% Apr. 2 Apr. 28 3 3 2% 1*$ Apr. 5 Apr. 12 6% Apr. 22 32c 1 3 3 1 13 8 14 96c 110 IK IK IK 9K IK 1% Feb. 9 25c Apr. 8 5 Apr. 8 22*$ Jan. 26 21 Apr. 12 17 Apr. 8 90c 3 1% Jan. 40c Jan. 7% 23*$ 27*$ 31 *$ 1 % 18*$ 2*$ 5?$ Jan. 4 Jan. 26 Mar. 30 Jan. 5 Mar. 8 Jan. 4 Jan. 7 Mar. 16 Mar. 9 14 Mar. 31 11*$ Apr. 11 1*$ Apr. 19 5*$ Mar. 27 Apr, 4 4 123 Sale Sale 1% Sale 109 Sale Sale 1% 1% 1 % 10% 80c 1% 1% 1% 9*$ 1 Apr, 26 Apr. 11 113 Apr. 18 1% 8 Apr. 1% 8 Apr. IK 1 12 Apr. 1 Apr. 101 IK IK Sale 15 5 IK 20 K 5K 17% 12% 19% 4% 4% 16% Sale 17 14 Sale 12 3% IK IK 15 K 4K 26 K Sale 2K Sale 16 *$ Sale 32 2 1% 12 4 K 26 K Sale 17 K 5 32 14 2% 42*$ 2% 3% Sale Sale 1 Sale 2% 2% 41% Sale 55c 1 40c 50c 2K 1! 6 11 "12" 14*$ Sale 13% 28K 10% 5% 23 11 Sale 5K IK 6 60c UK 15 30 11 Sale 50c 55c 2 IK 49c Sale 47c 49c 23 K Sale 22 23 2% Sale 1 Sale 25 2K 1 3% 1% 50c 99c IK 5K 2K 4 2 3 75c Sale 32c 50c 22*$ ""8*$ Sale" 10 4% 38*$ * 8 32c 2*$ 6 1% 1% 3 K 2% 24% 2K 16 % 42*$ 10*$ 2K 7 K 2 1*$ 3*$ 2*$ Sale Sale 20*$ Apr. 4 42% Apr. 28 2% Apr. 1 75c Apr. 11 40c Apr. 1 2 Apr. 6 10 11K Apr. 22 14*$ Apr. 1 Apr. 13K Apr. 9 Apr. 4% Apr. 46c Apr. 4ic* ill: 11 10 5 10 21 21% Apr. 2% Apr. 1 Apr. 8 6 8 12*$ Apr. 5% Apr. 58c Apr. 1% Apr. 50c Apr. 23*$ Apr. 2% Aprl 1*8 Apr. 3 3 13 4 3 1 1 5 1 18 50c 13 K 12K 13 12% 5K Sale 3% 2% 90c 18*$ Sale 3 3*$ 3K 4 — 4*$ 4 — 1 Sale 39* Sale 16 m 0% IK — - — Sale 4 2% IK 40c 11 12 12 12% 5% 3 2 24 3% ft* Sale Sale 7% 1% Sale IK 15 12% 111 2% 2 3 3% Sale 25 K Sale 25 & 6K IK 1 3% 2:P 1% 13% Sale 1 1% Apr. 10 5% Apr. 18 Apr. 10 4 2J$ Apr. 2 1 Apr. 95c Apr. 24 32c 6 Apr. 10 Apr. 10 10*$ Apr. 10 4% Apr. 10 2 24% 4 K 2lr> 97 6 1% 1 2% 1K 23 4K 1% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 13*$ 96K 10*$ Apr. 12"" 12% 111 K 111% Ill Sale 2 K 2% 2% 3 2K 3 2 3% 3 2% 3 3% 3 K 2% 3% Sale 1 25*1 11 8 Mar. 31 Apr. 11 Jan. 12 2 Apr. 6 8 Apr. 13*$ Apr. 19 10 4*$ 1*$ 45c 20*$ 2*$ 1 23 Apr. 11 Apr. 10 5 Apr. Apr. 10 Apr. 21 Jan. 26 8 Apr. Jan. Mar. 15 5 5 5 4 19% Mar. 11 5 7% Jan. 75c 46c 8 6 Jan. 27% 30c 9 Feb. 27 Mar. 5*$ Jan. 3*$ Jan. 1% Jan. Apr. Feb. Mar. 10 Mar. 9 16 10*$ Feb. 4 Apr. 26*$ Apr. 2 3 23*$ Jan. 1*$ Apr. 38 Apr. 4 Jan. 5*$ Jan. Apr. 3] l; Jan. 26 2*$ Jan. 5l*$ Mar. 2?$ Jan. 1*$ Jan. 45 Mar. 2*$ Jan. }3 16 31 17 Mar. 4 Jan. 5 Feb. 23 Jan. 4 _8*$ Jan. 4 76c Jan. 2*$ Jan. 7 4 55c Jan. 23*$ Mar. 30 3*$ Jan. 1*$ Jan. 24*$ 17 11 12 3 Jan. 17 Mar. 17 2 4 Apr. 5% Apr. 21 Apr. 29 3% Apr. 27 2*| Apr. 5 3 1% Apr. 40c Apr. 21 11*$ Apr. 12 6 11% Apr. 3 6*$ Apr. 45c Mar. 9 70c Mar. 12c Apr. 8 Jan. 17 11 £0c Jan. Feb. 24 1*$ Jan. 5% Apr. Apr. 2*$ Jan. 32c Apr. Apr. Apr. Apr. Apr. 8 11 10 1 8 3K Apr. Apr. l5 Apr. 40 7 IK 10 7 28 1*$ 1*$ 3*$ 1 10 12 11 28 20 11 10 10 3 19 10 4 4 2 24*$ 5 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 11 2*$ Feb. 25 Mar. 10 .8 50c 7 95c Apr. 24 32c Mar. 11 Apr. 10 10*$ Apr. 10 4*$ Apr. 10 1 Jan. 23 3 18 16 K Mar. 3*$ Apr. 17 3i Mar. 29 5 K 4 3 4 3 K 3 Apr. 8 IK IK 2 2% 1K Apr. 10 3*$ Apr. 13 2*$ Jan. 17 2 18 1 Y> Jan. 4 Apr. ?S 55c 18*$ 16 8*$ 12*$ 4*$ 8 Apr. Apr. 11 43*$ 4 12*$ Apr. 10 18 15 1 5% Apr. 8*$ 4 8 1*$ Apr. 2*$ 24 6 8 Apr. 10 6 2.*$ 1*$ Apr. 28 10 1 1 Apr. 1*$ 26 2*$ Apr. 10 3*$ 1 2*$ 1*$ Apr. 12 26 23 Apr. 11 25*$ 25 5 4*$ Apr. 28 1 1*$ Apr. 20 2*$ 11 13*$ Apr. 11 16*$ 12 96*$ Apr. 10 100 3 18*$ 10*$ Apr. 10 13 109*$ Jan. 4 111*$ 1 2*$ Apr. 19 3*$ 4 2 Apr. 10 3*$ 3 Jan. 9 3*$ Apr. 27 36 1*$ Apr. 13*$ Apr. 97 Apr. 13 Apr. 111*$ Apr. 2*$ Apr. 2*$ Apr. 3% Apr. 13 4 3% Apr. 9 10 11 10 96c 18 Jan. 2 10 3 12K 5% IK 1* 8 32c 16 7% IK 1) 3K if* 28 7 Jan. Apr. Apr. Apr. 3 2 27 Feb. Jan. 12 Feb. 75c 36 Sale 1% Mar. Feb. 15 Jan, 6 Mar. 20 Mar. 8 60c 41 112 34 5*$ 2*$ 1*$ — 10 5*$ — 2K 33c 5% 1*$ 1% 1*$ 9*$ 15 123 Apr. Apr. Apr. Apr. Apr. Mar. 75c Apr. 5 101 6 Apr. 45c Jan. 21*$ Apr. 87c 1% & Mar. 80c 22*$ Apr. 27 20c IK 16 31 Apr. 26 Sale Jan. Jan. Apr. 4 6 2% Mar. 2 Apr. 14*$ Jan. 31 12c 95% 100 109*$ - 2 1% Apr. 38 Apr. 2 Apr. 75c Apr. 38c Apr. 2 Apr. 82c 3 K Sale 97 - % Apr. 20 16*$ Apr. 27 5 Apr. 3 26 K Apr. 10 86c 4 1 1 . 21Apr. _ * common.. 1 1% Apr 15 Apr. 4 Apr. 26K Apr. Apr. 15 16% Apr. 27 14 Apr. 1 3% Apr. 1 83c "45c Jan. 5 Sale IK 2K Mar. 23 4% Apr. 11 15 8 Apr. 12 Apr. 25 3 Apr. 10 25 18c Sale 76c 28 60c 35c 1 IK Apr. 22% 15c ■ Jan. 28*$ 10 4 13 7 11 20 Apr. 4 Apr. 4 Apr. 4 Apr. 3 Apr. 3 Apr. 27 14 IK 41% 2% 30c 1 * 22 1 85c 19 * IK Sale 2.50 10 1 21 Jan. 4% Apr. 56*$ Apr. 15 82c 15c 2*$ 1*$ 1*$ 1 100 common 4 14 48c 2*$ 5 Universal Cooler class A 61. 1% 80c "36c" "50c" * Corp Preferred. see page 4% Apr. 18 65% Apr. 4 14 Apr. 4 90c Apr. 3 2% Apr. 3 2 Apr. 28 13 K IK 4 K 90c * For footnotes 11 14 13 Sale 80c Rickei (H W) & Co common. .2 River Raisin Paper com. * Scotten Dillon common 10 Sheller Mfg Co common l Class B 4% Apr. 56*$ Apr. 13% Apr. 17 86c 5 Peninsular Metal Products Pfeiffer Brewing Co com U S Radiator 24K Apr. 23 Apr. 1 Apr. 14*$ Apr. 2 Apr. 5K Apr. 21 90c 76c * 22.440 12 8 6 11 19 8 5 19% 25c 2.50 com "2,142 Apr. Apr. Apr. UK Apr. IK Apr. 5% Apr. 25c 99c 2 22 25 .. 1 * com Parker Rust-Proof com Parker Wolverine Co com 21K 3K Sale 22*$ .10 com 2 K 52c 2% IK 50c Moore (Tom) Distillery Co 9,901 Union Investment Co 550 24 95c 52c Sale K 50c * Motor Products Corp com Motor Wheel common Murray Corp common Muskegon Piston Ring 17 Sale 62c 10 Micromatic Hone Corp Mid-West Abrasive com 15% 2.50 common 3,059 United Shirt Distributors 3.636 United Specialties common 100 U S Graphite Co common 2,300 8 8 8 19% 55c 6 16 common. .1 Steel Tube Prod 25,828 Tivoli Brewing Co Apr. Apr. Apr. 90c 90c 88c "12% 15 27,532 Standard Tube Co class B 1 614 Stearns (Frederick) common. * 369 5% cum part pref 100 13,687 Timken Axle common 10 583 2K 22 85c 40c Sale 11 * Preferred Packard Motor Co Parke Davis & Co Sale Highest Sale Prices 1 % 21 64 35c 6 .10 1 200 McAleer Mfg Co common * McClanahan Oil Co common.1 McClanahan Refineries 1 Michigan Sugar a2% 2% 12,336 Masco Screw Products Mich 1 30c 6 09% 14*$ Sale 27c 18,064 Kresge (S S) Co common 10 3,750 Lakev Fdy & Mach common..1 11,220 LaSalle Wines & Champagne_2 2,960 1,729 3,510 6,840 6,014 3,823 4,778 29,652 237 35,357 17,016 5,157 4.541 16,041 4,630 2,737 6,768 8,990 4,889 7,073 350 Sale Lowest Sale Prices Sale 14 ..." 2% 49% 2% IK Graham-Paige Motor com 1 Grand Valley Brew common. .1 Hall Lamp common * Home Dairy class A Michigan Silica Co 14 2% 49% 1,908 Hoskins Mfg Co common..2.50 180 Houdaille-Hershey class A 32,653 Class B * 9,380 Hudson Motor Car 35,463 Hurd Lock & Mfg Co com 1 18,118 Kingston Products Corp 7,725 Kinsei Drug Co common 1 98,555 5,510 3.540 930 7 31 27% 1 7,735 Mahon (R C) class A pref ~~\K Sale IK UK 6 K * common. 4% 68K 15K 13 Goebel Brewing Co common. .1 Steel Ball 14*$ IK Sale * General Finance Corp com General Motors common Hoover Sale 2W 19* Highest Sale Prices * 1 4 * 3 * 210 Gemmer Mfg Co class A Class B "3",496 22 91c IK Sale IK 1 16,230 Frankenmuth Brewing com_.l 12,487 Fruehauf Trailer Co com 1 13,280 Gar Wood Industries com 3 434 6,795 8,365 Sale IK IK 2 K 12 K . 113 Sale 112 1 _ com " 24 K 20 32c Sale Lowest Sale Prices IK 12 3 K com 100 Federal Screw Works 52,282 17,185 4,927 4.635 3,254 1~,269 _ 2,225 Durham Mfg Co common 1,332 Eaton Mfg Co common 3,123 Eureka Vacuum Cleaner 11,0.30 Ex-Cell-O Corp.. 4,278 Federal Mogul common "5",589 750 95c 1 2,891 Detroit Steel Corp common. 250 Detroit Steel Products 13,990 6,600 685 1 10,300 Detroit Gray Iron Fdy 12.297 Detroit Mich Stove common 11,650 Detroit Paper Products 7*$ Sale 13 21,675 Detroit & Cleve Nav com...10 2,230 Detroit Edison common 100 "2", 129 425 IK 18*$ 3 82 common. 1 815 Crowley, Milner & Co com * 450 Cunningham Drug Stores.2.50 125 Deisel Wemmer Gilbert com. 10 110 6 5K 8,876 Continental Motors 2,250 2,710 3,510 1.306 Sale 2% 5 5 10 com 5,361 Consumers Steel Products 559 25c 7% Ask Weather 544 1,896 40c April 29 Ask Bid IK 21 1 * 36,824 Chrysler Corp common 2,257 Consolidated 100 Bid Sale 7*$ Burroughs Adding Mach__; Burry Biscuit Corp 12*$c Capital City Products. * Casco Products Corp * Metal Ask 1 % 36c 5 * common Brown-McLaren Mfg Co Chamberlin 10,043 Bid 5 Bearing Briggs Mfg Co April 1 1939 Par 655 Bohn Aluminum & Brass 12,201 5,000 4,303 3,300 1 Jan. 3 2,045 Allen Eiec & Equipment 1 5,180 Auto City Brewing common. _* 35,475 Baldwin Rubber common 1 3,077 39,879 19,805 11,572 7,856 SINCE JAN. RANGE Price Since 4 Jan. Jan. 3 Jan. 24 Jan. 5 Mar. 10 Jan. 5 Mar. Jan. Mar. 3 3 4 Jan. 14 Feb. 4 Jan. 4 Mar. 8 Mar. 21 Feb. 15 Mar.' 8 Jan. 9 Jan. 9 Apr. 25 Jan. 3 Jan. 27 Feb. 2 Jan. 4 Apr. 13 Jan. 4 Jan. 4 Mar. 4*$ Jan. 17 17 9 4 Mar. 29 5 Mar. 2M Feb. 3 17 MAY, 1939] STOCK EXCHANGE DETKOIT 61 AGGREGATE DETROIT STOCK EXCHANGE SALES In PRICES IN APRIL April Shares STOCKS Jan. 1 300 2,350 200 555 Wolverine Tube Co 20 Preferred 20 April 1 1939 Class B * 9,361 33,031 Warner Aircraft Corp com 1 1,300 Wayne Screw Prod common-.4 13,650 Wolverine Brewing Co com 1 4,905 Ask Bid Ask 13 17 13% 24 2 7 80 8X 100 2 3% Sale 1% IX Sale AV* 16c 1 20c 100 Highest Lowest Highest Sale Prices Sale Prices Sale Prices 28 4 1% Sale IX 2H 27c Lowest Sale Prices 21 28 2X 3% 17c com April 29 Ask Bid Bid 25 15 24 3,479 Young (L A) Spring & Wire--* 1,870 1 Jan. 3 Shares Par 500 Universal Products common—* 600 Walker & Co class A * 350 RANGE SINCE JAN. Price Since 4 80 25c ' 5% 100 12X 20c 4% 6 84 13 X 15% Jan. 105 12 13 2 Apr. 10 1 Apr. 1 1X Apr. 1 18c Apr. 28 5 Apr. 6 80 Apr. 3 10% Apr. 8 2% Apr. 8 1% Apr. 8 1% Apr. 25 20c Apr. 5 5 Apr. 6 80 Apr. 3 11% Apr. 20 24 26 2% Sale Jan. 20 2 Apr. 10 1 Jan. 24 1% Mar. 31 15c 16% Jan. 28 Jan. 20 3% Jan. 10 1% Mar. 2 2% Feb. 2 26 Jan. 4 25c Apr. Apr. 10% Apr. 6 3 8 80 19 5 80 Mar. 2 7% Feb. 28 Apr. 3 Jan. 12 UNLISTED DEPT.— 2,745 7,131 American Radiator 281 100 Consolidated Oil Co General Foods Corp * 1,462 3,637 7,107 3,660 3,426 3,678 6,826 6,401 1,072 1,525 748 1,113 466 866 2,018 4,273 13,965 4,827 29,126 3,890 3,143 6,421 706 7,320 340 699 1,478 * * 906 Amer Tel & Tel Co Borden Company-. 237 11X Sale 18 X Sale 149% Sale 25 Borg Warner Corp common-_5 Commonw & Southern Corp..* * 1 * Hupp Motor Car Corp Kennecott Copper Corp Kroger Grocery & Baking Co.* Nash-Kelvinator Corp 5 * National Dairy Products New York Central RR 100 Purity Bakeries Corp Socony-Vacuum Corp a * Deferred delivery sales, r Sale 22 X Sale IX Sale Sale 9 39% Sale Sale 2 43 X 1X Sale "31% Sale" Sale 22% Sale 6% 13% 14% 13% 11% 6% 8X Sale 22 Sale * 25 Standard Brands Inc No par value, 11% 7X Sale Sold for cash, z Sale Sale Sale Sale Sale Sale 6% 14% Sale Sale' 8 10% Apr. 12% Apr. 13 148% Apr. 10 158% Apr. 24 18 8 19 Apr. Apr. 27 8 3 19% Apr. 24% Apr. 1 3 1% Apr. 1% Apr. 3 7% Apr. 11 8% Apr. 38% Apr .10 42% Apr. 27 1 3 Apr. 25 1% Apr. 8 28% Apr. 3 34% Apr. 20% Apr. 10 23% Apr. 21 Apr. 10 Apr. 10 Apr. 10 Apr. 10 10% Apr. 10 8 5% Apr. 5% 12% 12% 11% 3 6% Apr. Apr. 21 3 Apr. 5 Apr. Apr. 13 1 Apr. 15 16% 13% 12% 6% 8 18% 10 168% 4 21 % Apr. 8 32 Apr. Apr. Jan. Mar. 31 Apr. 11 Jan. 27 Apr. 25 Apr. 8 Apr. 10 5% Apr. 10 12% Jan. 11 12% Apr. 10 Jan. 26 10% Apr. 5% Apr. 10 11 8 2 Jan. 4 Mar. 11 Mar. 13 Jan. Feb. 5 6 9% Jan. 5 42% Apr. 27 Jan. 2 3 44% Jan. 5 24% Feb.. 16 9% Jan. 20 16% Mar. 13 22 Jan. 3 16% Mar. 14 13% Jan. 4 7% Jan. 3 Ex-dividend. Philadelphia Stock Exchange MONTHLY AND YEARLY RECORD K RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE Stock Sales 1939 April Jan. 1 to Shares_ April 30 AGGREGATE SALES 1938 252,103 974,007 PHILADELPHIA STOCK EXCHANGE In Jan. 1 % Jan. 1 to April 30 PRICES $ 38,500 1939 IN APRIL $12,000 145,000 RANGE SINCE JAN. 1 Jan. 3 BONDS 1939 Bid 249,500 Elec & Peoples tr ctfs 4s_.1945 STOCKS Shares par * 13,744 American Stores 12,460 American Tel & Tel 100 355 Bankers Sec Corp pref_ 1,061 Barber Co 50 10 1,981 Bell Tel Co of Fa pref 7,285 Budd (E G) MfgCo 195 Preferred 1,758 Budd Wheel Co 6,548 Chrysler Corp 100 * 100 * 5 1,113 Curtis Pub Co common. 6,094 Electric Storage Battery * 10 329 Horn & Hardart (Phila) com--* 442 Horn & Hardart (N Y) com--* 1,629 Lehigh Coai & Navigation 3,085 Lehigh Valley 6,562 Natl Power & Light 73,231 Pennroad Corp vtc * 50 * ._* 34,975 Pennsylvania RR 278 Pennsylvania Salt Mfg ---50 50 2% * 490 Penn Traffic common 1,614 Phila Elec of Pa $5 pref 13,444 Phila Elec Power pref 25 130 Phila Insulated Wire 3,118 Phila Rapid Transit 5,306 7% preferred 4,565 Philadelphia Traction 7 9J 150 16% April 1 Ask 8 Sale Sale 18 19% 20% 120,% 120% Sale 50 5% 82% Sale 29% Sale 50% Sale 118 3% 5% Sale 8% Sale 1% Sale 24% Sale 160 2% 119 172 2% Sale 30% Sale * - 124 37% Sale 3% 17 50 .50 50 3 1% 7 Bid 8 Lowest Highest Lowest Highest Ask Bid Ask Sale Prices Sale Prices Sale Prices Sale Prices 8% 8% 7 8% Apr. 6% Jan. 9% Mar. 29 April 29 7% 9% 154% 13% 13% 120% 4% Sale Sale 17 Sale 3% 67% 4% 27 X Sale Sale Sale Sale '25% 26 41% Sale 41 3X 41% Sale Sale Sale Apr. 17 8 8% Apr. 148% Apr. 9% Apr. 1 10 159% Apr. 27 11 12% Apr. 12% 118% 120 117% Apr. 4% 5% 4% Apr. 14 Apr. 120% Apr. 4% Apr. 8% 158 12 9% Sale 20 18 2 Sale 8% 117% 119 36% 38 2% 3% 7% 3 Sale Sale 110 4% Sale 117 3% 58% 3% 23% 36% 112 35% 37% 2% 2% 3% 3% 7% Sale Apr. Apr. Apr. Apr. Apr. Apr. 2% Apr. 3% Apr. 6% Apr. Sale 1% Sale 1% Sale 17 18% Sale 15% 130 138 136 145% 133 2 2% 2% 1% 115% 115% 116 117% 115% 29% Sale 29% 29% 29% 17 16% 18 16% 16% 1% 2 1% 1% 1% 3% 4 3% 3% 3% 8% Sale 7% 7% 8 13 4 10 11 Apr. 70% Apr. 4% Apr. 27% Apr. 44% Apr. 10 117% Apr. 3 10 4 6 8 2% Apr. 3% Apr. 8% Apr. - 730 Westmoreland x Ex-dividend. Coal - * 16 lit 1* 1 17 10% 10 11 48% 47 45% 47 39 36% 33 34 % 1% Sale 3 2% 3% Sale 34% Sale 11% Sale 112 7% 9 Sale 8 10 % ,* 2% 2% 32% 12% 114% 8 8% 10% 43% 33% % 1 3 4 3 Apr. 1% Apr. 3 Apr. 11 19% Apr. Apr. 27 145 Apr. 10 5 Apr. 5 Apr. Apr. 10 5 Apr. 4 Apr. 1 Apr. 4 Apr. 8 Apr. Apr. 24 6 Apr. 11% 48% 36% % Apr. 18 4 Apr. 4 Apr. Apr. 10 20 1% 3% 2% 34% 12% % Apr. 2% Apr. 2% 2 Sale Apr. 33 31% Apr. Sale 10% Apr. Sale 113% Apr. 9 7% Apr. 10 8 124 5 Jan. 84 Jan. Jan. 51^8 Mar. Apr. 10 125% 37 Jan. 17 38 3% 2% Apr. 10 3% Apr. 6 5% 6% Apr. 8 9% 18 15% Apr. 11 136 4 21 5 Mar. 11 9 6 30 112 Feb. Jan. 10 Mar. 16 8% Jan. 50% Jan. Apr. Apr. Apr Apr. Apr. 1 Feb. 21 Mar. 11 Mar. 21 9 9 Mar. 9 Jan. Jan. 5 4 Jan. Mar. 3 9 2% Feb. 28 4 24% Jan. Apr. 27 165 Jan. 5 2% Mar. 31 4 118 Apr. Apr. 26 30 Apr. 10 16% 8 2 Apr. 5 Apr. 3% Apr. 27 8% 1% Sale 12% 170% 15% 20% Feb. 3% 58% 3% 23% 36% 4 100 Reo Motor Car 2,057 Salt Dome Oil Corp 1 3,604 Scott Paper * 203 Tacony-Palmyra Bridge * 5,897 Tonopah Mining 1 504 Transit Invest Corp Preferred 5,322 50 9,977 Union Traction 10,995 United Corp common Preferred * 2,564 140,102 United Gas Impt common---.* Preferred * 4,115 * 1,290 Westmoreland, Inc. 8% Apr. 148% Apr. 13% Mar. 47 3% 63% 28 11 Apr. 117% Apr. 4% Apr. 55 Sale * 20,682 General Motors ♦No par. 1938 $38,500 179,500 .. Price Since April Bond Sales April 197,599 935,623 Apr. 26 12 3 Apr. 10 1 Apr. 10 5 Apr. 10 3 Apr. 4 115% Apr. 11 13 9 Apr. 27 13 5 Apr. 9% Apr. 2% Jan. 30 1 119% Feb. 9 29% Apr. 26 30% Jan. Feb. 23 16% Apr. 10 17 Mar. 29 1% Mar. 18 Mar. 28 3% Feb. 27 6% Feb. 11 9% Mar. 29 1% Jan. 14 1% Jan. 14 115 Mar. 29 24 10% Apr. 43% 33% %« % % 2% 2 31% 10% 111% 7% 8 Apr. Apr. Feb. Apr. Jan. Jan. Apr. Jan. Apr. Jan. Apr. Apr. 4 8 24 Feb. Apr. 30 10 26 10 13 10 4 3^ Mar. 31 Mar. 28 3% Feb. 6 38% Feb. 28 13% Feb. 27 5 116 13 10 Jan. 16 20 12 5 9 21 16% Jan. 50% Mar. 37 Jan. 31 9% Mar. 16 10 Jan. 24 San Francisco Stock Exch. '* MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE 1939 Stock Sales Shares- April.. Jan.J1 to April 30 Bond Sales 1938 274,325 1,172,711 448,108 2,170,865 1938 1939 $2,000 14,000 April. Jan. 1 to April 30 $19,000 AGGREGATE SAN SALES FRANCISCO RANGE SINCE JAN. PRICES IN APRIL , STOCK EXCHANGE 1 Price Jan. 3 In Since April Jan. 1 % S BONDS 1939 Bid Avril Ask Bid 1 Ask Highest Lowest Highest Sale Prices Sale Prices Sale Prices Lowest April 29 Ask Bid Sale Prices 92 Feb. 24 90 Feb. 27 14 110*$ Feb. 14 1082$ Feb. 28 1082$ Feb. 28 4,000 Atlas Diesel Eng Co 6%--1945 5,000 Coast CoG&E Co4%.__1965 2,000 Pac Tel & Tel mtge B 3*$s i966 UNLISTED BONDS 3,000 Miller & Lux ctf of dep 6 % 1945 Certifs of deposit 7%—1935 2,000 1961 2,000 Sou Calif Gas 4*$% S P Golden Gate 1.000 110*$ Feb. Mar. 23 Mar. 23 118 116 116 116 118 115*$ 115 113 1202$ Jan. 24 120*$ Mar. 3 107*$ Mar. 22 107*$ Mar. 22 Ferries— 54 1949 5*$% Feb. 54 11 Feb. 11 6 23 STOCKS Shares 1,475 Shares. 5,535 Alaska Juneau Gold M cap-_ 10 92$ 10 5 Alaska Packers Assn cap 150 100 Angio-Amer Mining Corp Ltd— 22c 25c 7,635 Common 1 6,062 Anglo-Calif Nat'l Bank 10 20 c1(?^ Sale 16,487 Assoc Ins Fund Inc com cap.10 7 8.371 Atlas Imp Diesel Eng Co 5 923 Bank of Calif Nat Assn cap 100 190 200 455 Beech Aircraft Corp com 1 6*$ 880 Bishop Oil Co new 5 6.526 Byron Jackson com cap * 5,865 Calamba Sugar Estate com. _20 16*$ 490 21 Preferred 20 20*$ 687 Calaveras Cement Co com—* 3*$ 4*$ 40 61 50 7% preferred 100 320 Calif Art Tile Corp class A—* 11 12 250 1.05 1.50 Ol&ss "R ^ 15 1,112 Calif Cotton" Mills capital—100 Sale 23,360 Calif-Engels Mining Co 1 512 California Ink Co lnc A 34* * 382$ Sale 12,154 California Packing capital—* 1,010 50 Preferred 50 48*$ 360 California Water Serv pref-100 99 96 7,950 Carson Hill Gold Mg capital-_1 33c 31c 9,218 Caterpillar Tractor capital---* 45 2$ 47*$ 510 107*$ Preferred stock 100 104 65,005 Central Eureka Mg Co com—1 3 2$ Sale 8*$ 1,380 761 2,788 1,792 580 100 515 2,399 943 100 100 40 90 22c - 82$ 4 IS 5 125 7*$ IH "'"500 4,800 ~3~ 573 100 90 500 2,927 70 16.450 5,753 464 70 545 1 8*$ j»* 48 8 75c 7 30c 32 14*$ 50 100*$ 35c 432$ 102 32$ 63*$ 37*$ 105*$ 18*$ 35*$ 37 106*$ 108 23*$ 25*$ 22c 28 4 8*$ Apr. 10 Apr. 8*$ Apr. Apr. 4*$ Apr. 124 Apr. 7*$ Apr. 32$ 54*$ 10 •30c 13 8*$ 42$ 8 5*$ 6 167*$ 11 7*$ 4 2.50 8 Apr. 6 142$ Apr. 20 Apr. 20 3 Apr. 11 13*$ 142$ 20*$ 2.50 Apr. 21 2.75 5 2,929 Consol Aircraft Corp com Sal/8 20 ■ 2.295 Clorox Chemical A * 160 Coast Cos G & E 6% 1st pf_100 8*$ 4*$ 12 2$ 16 11? 11,478 Chrysler Corp common 26c 2.50 •• 19 4 110 12 46 Apr. 9*$ Apr. 3 Apr. 11 Apr. 26 Apr. 18 3 Apr. 4 Apr. Apr. 11 4 Apr. 3 Apr. 4 Apr. Apr. 20 Apr. 11 Apr. 18 18 46 13 10*$ Apr. 1 9*$ 51 Sale 37c 44*$ 105*$ 32$ 65 41 Sale 19*$ 10 Jan. 23 75 Jan. 20c Feb. 30c Mar. 21 9 10*$ Jan. 5*$ Feb. 25 7*$ Feb. 17 8*$ Apr. Apr. 4*$ Apr. 124 Apr. 7*$ Apr. 2.50 Apr. 12 Apr. 142$ Apr. 4 20 190 Jan. ; 10*$ Mar. 1?" 20 1 Jan. 19 Jan. 9 18*$ Jan. 6 Feb. 21 21 Mar. Mar. 13 4 3 Apr. 46 Apr. 9*$ Apr. Apr. 18 12*$ Jan. 24 46 1.50 Jan. 5 7 Apr. 13 Jan. 25 Jan. 35c Jan. 25 35 Feb. 1.05 Jan. 7 30c Apr. Apr. 8 35c Apr. Apr. 39 Sale 19 Jan. 25c 1.75 31c 72$ Apr. 75 72$ Apr. 9*$ 110 ..... 8 132$ Apr. 16*$ Apr. 5 Apr. 50*$ Apr. 99 Apr. 11 101 Apr. 6 33c Apr. 35c Apr. 402$ Apr. 25 44 Apr. 1022$ Apr. 15 103*$ Apr. 8 3*$ Apr. 4 Apr. 552$ Apr. 11 68*$ Apr. 38 Apr. 13 38*$ Apr. 105 Apr. 19 106 Apr. 3 20*$ Apr. 20*$ Apr. 36*$ Feb. 28 Mar. 3 19 50*$ Apr. 26 102*$ Mar. 28 132$ Apr. 482$ Mar. 50 98 Jan. 30c Apr. Apr. Apr. Apr. 35 Mar. 45c Jan. 402$ 1022$ 3*$ 552$ 7 54*$ Mar. 13 Jan. 5 4*$ Jan. 31 107 Mar. 10 85 40*$ Feb. Jan. Feb. 108 105 Apr. 192$ Jan. 27 17 252$ Mar. 8 19*$ Mar. 52$ Mar. 9 Consol Chemical Industries 2,667 1,175 16,555 1,573 557 260 210 120 170 1,845 520 1,050 160 20 700 .653 400 90 8,727 18 Inc class A partic pref -_* 9,451 Creameries of Amer (new)—1 4 Crocker First National Bank 61 San Francisco cap 100 293 53,790 Crown Zellerb Corp com (new) _ 132$ 6,193 85 Preferred (new) 2,681 Di Giorgio Fruit Corp com--10 2.15 1,300 14 Preferred 100 3.527 Doernbecker Mfg Co 3*$ — 2,450 Electrical Products Corp 92$ 4 2,645 El Dorado Oil Works cap * 15*$ 14,865 Emporium Capwell capital---* 2,690 Preferred -—50 9 7,007 Emsco Derrick & Eq Co cap—5 505 Ewa Plantation 31 20 170 Fireman's Fund Indem cap.-10 36 3,835 Fireman's Fund Insur cap.-25 82 2,472 Food Machinery Corp com.-10 34 2,885 Foster & Kleiser common. _ 2*$ 1.55 IE* 200 80 590 1,537 7,710 3,143 5,097 150 2,199 14,365 767 29,238 11.279 2,357 5,715 70.922 2,601 preferred 25 Galland Mercantile Laundry common (capital) * General Metals Corp— Common capital— 2*$ General Motors——_—10 General Paint Corp common-* Preferred —-* Gladding McBean Co com---* Golden State Ltd capital—__* Hale Bros Stores Inc capital--* Class A TTflnpopk 400 2,040 963 5.068 Hawaiian 7.850 10 1.115 60 230 600 640 100 " l",022 1,662 130 1,136 4,560 76 6,443 """366 809 - _ — 180 6,335 6,822 5,860 110 767 170 310 100 270 1,489 10,576 20 670 2,750 4.750 170 730 155 190 1,447 6,278 1,120 20 849 No par value. Preferred 10 Mfg Co common ,1 Nat Auto Fibres Inc com stk—1 Natomas Co capital * North Am Inv Corp com—100 6% preferred— 100 5k % preferred 100 North Amer OR Consol cap 10 Occidental Insurance capital-10 Occidental Petrol Corp com—1 O'Connor Moffatt & CoClass AA common —* Oliver United Filters Inc A—* B * Paauhau Sug Plant Co cap—15 Pacific-Amer Fisheries Inc.—5 Menasco 2.25 Sale 1?* 2.20 13 3*$ 9*$ 72$ 26*$ 9*$ 6*$ 12*$ 38*$ 19 92c 35*$ 22 13 300 Sale Sale 3 15 11 Sale 10 35*$ 1.75 9*$ 7 422$ 50 b 8 1.00 10 18 Sale 42*$ Sale Apr. Apr. 2.00 Apr. 8 Apr. 8 11 11 82 Apr. Apr. 12 5 77 4 6 12*$ 32$ 92$ 9*$ Apr. Apr. Apr. Apr. Apr. Apr. 5*$ Apr. 11 8 38*$ Apr. 5 8 Apr. 5 30 Apr. 4 52$ Apr. 6 8 Apr. 11*$ Apr. 19 3 37 Apr. 17*$ Apr. 11 95c Apr. 11 5 7*$ Apr. 432$ Apr. 6 Apr. 37 1.60 Sale 43*$ Sale 16 5*$ 21*$ 1.00 5*$ 28*$ 62$ 1.60 1.25 112$ 14 39 42 17*$ 18*$ 1.10 Sale 40 21 12 18 14 Apr. 37 20 37 5*$ 60c 23*$ 40c 1.35 9 8 6 52$ 60c 1.50 Apr. 18*$ Apr. 5 8 8 Apr. 10 5*$ Apr. 40c Apr. 1.50 Apr. 8*$ Apr. „5 6 4 15 12 6 4 6 UH 15 16 43 40*$ 10 41 41 38 41 26*$ 9 Sale Sale 25*$ 42$ 24*$ 40c 10c 35c 60c 12 Sale 11 12*$ 10 14 312$ 10 11 8 Sale Sale Sale 9*$ Sale Sale 112$ Sale 12c 18c 7 Sale 5*$ 17*$ 32$ 6*$ 20*$ 3*$ 5*$ 42$ 17 21 4*$ Sale 42$ 6*$ 4 4*$ Jan. 39 852$ Mar. 21 30*$ Feb. .28 14 Jan. 15 22 21 Apr. 30 Apr. 10 7 10 42$ Apr. 52$ Apr. (t) 5 32$ 11 17 37 40 Mar. 30 Apr. 8 18*$ Apr. 8 12*$ Feb. 27 5 5*$ Apr. 40c Feb. 20 1.40 Mar. 17 Feb. 17 8 12 6*$ Mar. 15 Apr. 82$ Jan. 38*$ Jan. 382$ Apr. 22 Apr. 52$ Mar. 222$ Apr. Jan. 30 23*$ Feb. 10 15 . 5*$ Apr. 55c 10 13 11 8 14 26 Mar. 18 Mar. 5 5 7 1.80 Apr. 20 8*$ Apr. Mar. 18 10 Jan. 18 6 20*$ Mar. 14 122$ Mar. 17 432$ Mar. 15 42 Feb. 27 32*$ Mar. 10 AH 25c Mar. 6 Feb. 24 Mar. 18 Jan. 9 67c Apr. 1 16*$ Mar. 4 11*$ Apr. 10 102*$ Apr. 26 108*$ Feb. 21 16*$ Mar. 8 112$ Apr. 8 3 Jan. 11 9 10*$ Feb. 4 2.65 Apr. 8 52$ Jan. 6 Mar. 31 9*$ Jan. 20 Jan. 21 10 11*$ Mar. 2 42$ Mar. 22 5*$ Jan. 23 Apr. 12 Apr. 106 Apr. 14 Apr. 10 Apr. 32$ Apr. 6 J$ Apr. 102$ Apr. 42$ Apr. 30 Apr. 28 Apr. 50c 28 Mar. 31 28 Mar. 22 34 31 Jan. Mar. 1 28 Mar. 16c 19c Jan. Mar. 9 52$ Feb. 8 18*$ Jan. 24 42$ Mar. 31 Feb. 24 5*$ Feb. 2 5 31 8 112$ Mar. 11 3 9*$ Feb. 23*$ Jan. 23 10*$ Apr. 25 Apr. 16c Apr. Apr. 30*$ Feb. 172$.Apr. 11 Apr. 11 Apr. 102$ Apr. 40*$ Apr. 40 Apr. 27 Apr. 17 10 28 . 95c 17 Apr. 8 25 29 25 92$ Jan. 4 51*$ Mar. 10 8*$ Jan. 7 34 Mar. 14 92$ Jan. 3 82$ Feb. 23 15*$ Mar..15 41*$ Feb. 10 212$ Mar. 15 1.40 Jan. 20 37 Apr. 20*$ Apr. 14 Apr. 5*$ Apr. 40c Apr. 1.80 Apr. 8*$ Apr. 6 8 11 5 5 Apr. 8 28*$ Jan. 25 52$ Apr. 4 6 Apr. 8 11*$ Apr. 9 Apr. Apr. Feb. 6 1.60 Jan. Mar. 29 5*$ Apr. 11 38*$ Apr. 8 62$ Apr. 72$ Apr. 13*$ Apr. 39 Apr. 18 Apr. 1.15 Apr. 32$ Apr. 5 Apr. (t) 8 11 3 Jan. 12c 8 17 792$ Apr. 21*$ Apr. 1.05 Apr. 25c 11 Mar. 37 12 50c 26 Jan. 18 31 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 17 Jan. 29 27 1 25 Apr. 28 3 Apr. 222$ Apr. 13 8 1.25 Apr. 14*$ Apr. 24 50c z\H 16c 14 Feb. 4*$ Feb. 25 102$ Mar. 20 83 222$ Apr. 26 11*$ Sale 106 100*$ 106 102*$ 14 13 14 13 112$ 92$ 102$ 92$ 10*$ 9*$ 3*$ Sale 3 2.85 2.65 6 5 5*$ Sale 52$ Sale 10*$ Sale 10 9*$ 42$ 4*$ 272$ 252$ 31 29 262$ 252$ 25*$ 9*$ Sale 9*| W* 26 28 23 26*$ 25 sf* Apr. 3*$ Feb. 92$ Apr. 9 *$ Apr. 352$ Jan. 6*$ Apr. 5 Sale 4*$ Feb. 25 21 8 38 Apr. Apr. 10 50c 50c 50c Sale 25c 70c Apr. 9*$ Apr. 39*$ Apr. 38*$ Apr. 22 Apr. 18 Apr. Apr. 41*$ Feb. 28 4 10*$ Jan. 34 Apr. 29 38 7 34 5 14 9 8 Mar. 14 14J$ Mar. 10 Jan. 10 91 300 2.00 Apr. 21 25 40 4 30 Mar. 2.20 Apr. 6*$ 41*$ 52$ 31*$ 6*$ 72$ Sale Jan. 6 25 10 15 38*$ 7*$ Sale I?* 8* 2iH 9 77 5*$ 412$ 11 81 12 37 300 22 7 4 34 38 19 5*$ 14 39 1.05 Sale 1.40 8 4 325 Sale 31*$ Sale Sale 13 14*$ 332$ 37 18*$ 20*$ 40c 16*$ Apr. 42$ Apr. 26 11 6*$ 62$ 38 , 23 16 8*$ 90c 1.60 Apr. 15 11 30 Sale Sale 14*$ 41 Sale 8 17 14 7*$ 34*$ 1.25 4 16*$ 38 24 16*$ Apr. 4 Apr. 3*$ Apr. 10 6 92$ Apr. 4 9*$ Apr. 14 Apr. 19 8 36 Apr. 8 6*$ Apr. 33 Apr. 10 38 Apr. 29 79*$ Apr. 10 21*$ Apr. 15 1.05 Apr. 24 14 Apr. 25 4 15 822$ 17 5 10*$ 9*$ 772$ Sale 2.00 1.75 38 A* 37 41 Sale 4£ 290 37 20 49 Sale 162$ 42$ 3*$ 8*$ 7*$ 14*$ 24 9 Sale 6*$ 32*$ 20 15*$ 352$ 100 Marchant Cal Mach Co com.10 Meier & Frank Co—- 14*$ 87 21*$ 38c 1.0 7 Preferred 250 325 14 1,369 Hunt Bros Packing common--* Preferred 10 1,708 190 Hutchinson Sug Plant cap—15 2 pesos 1,900 IXL Mining Co. 7,859 Langendorf United Bak cl A * Class B * 15,883 570 4*$ 16 7*$ * 4,823 Leslie Salt Co capital 10 17.004 LeTourneau Inc common 540 Libby McNeill & Libby com.-* 1 38,905 Lockheed Aircr Corp com 100 Lyons-Magnus Inc B * 5,030 Magnavox Co Ltd capital-_2*$ 8,083 Magnin & Co (I) common---* 42$ 14 * 14,380 6.708 64.888 31,289 17.873 • ^ — (new) 584 Hudson Motor Car com 120 1,470 11 46,718 Holly Develop Co common—1 Home Fire & Marine Insur 320 Co of Calif capital 10 9,440 Honolulu OilCorpLtd cap new * 230 Honolulu Plantation capital--* 2.813 660 Oil Pineapple Co 17 21 7*$ Mar. 7 17 3 Jan. 6 52$ Jan. 6*$ Feb. 6 2 Feb. 17 21 6 AGGREGATE SALES PRICES IN SAN FRANCISCO STOCK EXCHANGE In April Jan. 1 Prices Since Shares 618 440 3,530 9,709 9.489 2,454 4,573 995 2,589 2,412 590 60 85 1,209 10 374 560 "493 50 1,465 1,198 2,018 "2,064 12,100 600 141 40 16,437 725 736 230 345 22 ""lOO 3,119 . 280 23,068 Par 4,778 Pacific Can Co * 860 Pacific Clay Prod capital * 42,053 Pac Coast Aggregates com. >10 46,423 Pacific Gas & Elec Co com..25 45,376 6% 1st preferred.. 25 15,328 5 H % 1st preferred 25 19,777 Pacific Lighting Corp com—* 4,275 $6 dividendypref. -* 16.481 Pac Pub Serv com (new) * 14,414 First preferred * 1,590 Pac Tel & Tel Co common-.100 450 6% preferred 100 735 Pacific Western Oil capital. .10 4,146 Paraffine Cos, Inc, com _* 10 4% cum conv pref .100 Philippine Long Distance 70 Tei Co capital 100 1,944 Phillips Petroleum Co cap * 1,180 Pig'n Whistle Corp partic pf-* 1,580 Puget Sound Pulp & Tim com. 2,308 Ry Eq & Realty Co Ltd com. - * 608 6% preferred (new) 100 12,023 Rayonier Inc Common —1 5,767 Cumulative preferred 25 8,475 Republic Petroleum Corp 1 100 Preferred 50 9,070 Rheems Mfg Co 1 52,147 Richfield Oil Co common 1,831 Com stock purch warrants. _ 1,633 Roos Bros Inc common 1 .... 190 Series A preferred 93,999 Ryan Aeronaut Co com 100 cap—1 4,746 Safeway Stores Inc common..* 1,433 Schlesinger (B F) com (new) _ _ 1.170 Preferred (new) 25 3,416 Shell Union Oil Corp com * 72 5 X % cum conv pref 100 270 Sherw a Swan Co Ltd ci A—10 2,074 Signal Oil & Gas Co class A— * 14,396 Soundview Pulp Co new..—5 530 Preferred -.100 3,270 Sou Cal Gas Pfd 6% cum A..25 68,521 Sou Pacific Co com (cap'l).lOO 80 48,092 Stand Oil Co of Calif capital..* 14,480 Super Mold Corp of Cal cap 10 200 1 2,400 Texas Consol Oil Co com 1,210 Thomas Allec Corp class A—* 9,252 Tide Water Assoc Oil Co com-10 2,358 50 34,712 470 4H % preferred new 100 195,862 Transamerica Corp capital—2 Treadwell 5,355 10.897 243 1,661 5,002 1,170 918 410 120 25,516 33,039 2,879 6,472 16,144 Yukon 1 Ltd— 1 cap—25 Ask Bid 9 Sale 6 7 Sale 2.30 2954 29 Sale 32 43 V4. 107 X 2934 4434 Sale Sale 20 X 121M 2134 Sale 150 148 11X 59 1234 6034 534 2.00 3034 3254 2954 4434 3034 3234 29 4354 Ask 734 454 9 Sale 1.60 1.80 Sale Sale 2954 3234 2954 Sale 45 AW Sale 10554 106 534 Sale 2054 1834 1834 10554 534 Sale 103 90. Sale 50 54 50 54 54 4434 33 35 5H 634 8 7 41 4734 16 X 22X 334 ss iM 13 X 100 Sale 2334 3334 1.20 2.00 4 434 434 6 9 40 54 954 1634 10* 2.25 2.75 3734 14 li 12 Sale 2.55 16 105 3034 33 1.75 Sale 554 1534 1434 102 H Sale 634 53-a 3034 Sale 1934 Sale 3134 2034 3234 35c 9c 4634 2334 36c 85c 60c 1.00 14 95 Sale 2.40 3454 1.85 2.00 78 33 3254 1234 Sale 25c 3754 aVA 4534 Apr. Apr. 29 17 30 Apr. 1.75 Apr. 5 4 12 12 5 4 50 Feb. 3934 Jan. 24 3 1.10 Apr. 40 434 2534 32 25 32c 50c 30c 90c 60c 134 1254 60c 13 1154 9534 92 Sale 30c Sale 20c 30c 1734 554 934 1334 Sale 7 1034 Sale 1634 534 934 1634 734 954 1534 234 754 Sale 554 Sale Mar. 31 534 Apr. Apr. 834 Apr. 1534 Apr. 2.25 Apr. 35 3 4 15 4 4 454 Apr. 1134 Apr. 18 103 Apr. 4 18 11 10 8 33 Apr. 1434 Apr. . 11 1.55 Apr. 10 8 Apr. 4 1.75 Apr. 1 1154 9154 .554 Apr. 12 Apr. 18 Apr. 11 8' Apr. Apr. 11 8 Apr. Apr. 11 Apr. 29 Apr. 10 40 5 2654 2954 31c 60c 1234 2454 634 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Jan. Apr. Apr. Mar Jan. 23 6 11 29 10 1054 Apr. 12 6 22 21 20 8 4 4 3 6 9 1 Jan. 354 3734 1454 1034 334 1634 107 Mar. 4 Jan. 5 Jan. 7 Jan. Jan. 10 Jan. 10 19 Jan. 18 Feb. 28 Mar. 734 Jan. 9 3 3834 Feb. 25 2.00 Jan. 4 Feb. 28 6 434 Mar. 13 1134 Mar. 31 1354 Jan. 20 Feb. 7 18 106 103 Apr. 32 Apr. 1334 Apr. Jan. 634 Jan. 24 1034 Mar. 1 23 6 13 34 Mar. 100 Jan. 11 5 Mar. 18 30 Apr. 29 2.80 Feb. 60 Mar. 30 27 11 27 Apr. 25 54 10 10 8 14 4 Mar. 14 43 27 18 1034 Apr. 654 Apr. 12 4 8 151 1054 Mar. 4 1034 Feb. 12 5934 Jar 4134 Apr. 15 8 10134 Mar. 8 10134 Mar. 6 12 Apr. 6 Jan. Feb. 8 Feb. 28 9c 4134 1234 9334 634 12 109 734 2154 17 11 129 Mar. 11 Mar. 10 10 17 3 2.00 Apr. 30 Apr. Mar. 11 Mar. 13 .Tan. 10 8 1 30 10c 35c 60c 4 Jan. 5 Apr. Apr. 3234 Apr. 1054 Apr. 2634 WA 26c 12 l! Jan. Jan. 7 39 34 Jan. 24 18 25c 3934 Sale Sale 4 30 Apr. 85 2834 2634 Apr. Apr. Apr. 8 10 1134 Apr. 754 Apr. 1.70 Apr. 1354 Apr. 105 Apr. 654 Apr. Jan. Apr. Apr. 35 8 554 Mar. 17 2.40 Jan. 4 3454 32J4 2954 4934 Mar. 31 30c 5c 4034 534 Apr. 4034 Apr. 10 Apr. 1634 Apr. 2.55 Apr. 89 9c 20c 5c 6 11 10 Apr. 147 3 1.20 Apr. 54 Highest Sale Prices 4 1034 Mar. 114 Apr. Apr. 38 3254 Sale 10c Sale 2.25 3334 3234 1334 6 1534 89 76 1334 A* 3 534 Apr. 27 35 Apr. 18 834 Apr. 10 1534 Apr. 10 2.25 Apr. 11 5 454 434 1234 1054 1134 1134 103 10634 10034 104 103 634 554 634 454 3 34 27 29 26 27 Sale 13 11 1154 1234 96 2154 434 Apr. 1.40 Apr. 2754 3134 2854 4134 10454 534 1854 4 5 454 1134 95 21 15 Apr. 29 1.10 Apr. 1034 Apr. Sale 734 Sale 0% Apr. 2.50 1.50 1.55 1.75 1.55 Apr. 18 14 15 1234 1354 Apr. 100 104* 100 10234 108 Apr. Sale 6 554 <634 534 Apr. 2.00 93 54 1054 754 2954 alg 38 28 4 2c 7 2f* J* 3234 1.75 4534 2854 4234 10454 534 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 454 2834 9c ■8* Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 854 8 11 434 1.95 10 8 31 10 3254 11 2954 19 45 12 106 634 8 17 11 120 10 151 3534 2.50 1.00 3754 Sale Sale 7 8 Apr. 434 Apr. 1.40 Apr. Lowest Sale Prices Jan. 26 8 100 42 X 1.15 2.00 Highest Sale Prices 1934 1834 122 127 114 11934 Sale 149 14854 151 15134 150 341 1054 954 954 1034 3954 4454 Sale 4334 4134 Apr. 98 99 934 834 434 1.95 Lowest Sale Prices April 29 Ask Bid Bid 434 Apr. 2534 Apr. 11 2l Jan. 2« 26c Mar, 14 8 60c Apr. 1154 Apr. 11 9154 Apr. 29 554 Apr. 10 7 32 «* S!g 35c Mar. Jan. 2 5 Jan. 3 Jan. Jan. 13 20 4 Jan. 10 Jan. Jan.118 10c 46 34 Feb. 16 554 Mar. 27 2954 Mar. 14 33 Mar. 36c Jan. 90c Mar. 1434 Jan. 9554 Jan. 754 Jan. 9 26 6 5 18 10 Corp Common capital Union Oil Co of Calif Union Apt il 1 1939 Shares 13,057 2,628 100 RANGE SINCE JAN. APRIL\ January 3 STOCKS 2,174 Sou Pac. Golden Gate cl A—* 811 Class B * 6,534 Sperry Corp common v t c—1 1,045 Spring Valley Co Ltd capital-.* "776 63 STOCK EXCHANGE SAN FKANCISCO MAY, 1939] 25 Sugar Co common United Air Lines Trans vic..5 10 Universal Cons Oil 4,487 Victor Equipment Co com...l Conv cum pref.. 7,744 5 1,780 Waialua Agricultural Co 20 100 75 Weil & Co com 51c 55c 1834 Sale 634 Sale 1354 Sale 16 15 334 4 9 931 2734 Sale 50 2 3 286 caplOO 280 Pipe & Steel of Calif common ! 10 1834 1934 6 2854 Sale 150 28654 315 280 Apr. 1654 Apr. 554 Apr. 8 34 <Apr. 12 Apr. 234 Apr. 654 Apr. 2534 Apr. 22 30c 22 1754 554 934 1534 8 10 11 13 26 10 3 8 2854 1 Apr. 1 Apr. 8 Apr. 3 Apr. Apr. 19 3 Apr. 5 Apr. Apr. 29 100 .... 407 Wells Fargo Bk & Un Tr 2 8 2734 754 26 M54 25c 315 280 Apr. 11 290 Apr. 5 11 13 Apr. 31 4 19 10 1954 Jan. 854 Feb. 1354 Jan. 11 17 13 4 Jan. 9 Jan. 8 55c 554 Apr. 834 Apr. 12 Apr. 234 Apr. 654 Apr. 26 25 Jan. 26 110 280 Jan. 28 110 Jan. Apr. 11 300 Jan. 19 Jan. 1 Apr. 27 21 Apr. 24 334 Apr. 8 Jan. Apr. 22 1654 Apr. 22 25c Mar. 3 3 7 11 7 2854 Apr. 29 28 14 Western 925 5,459 170 830 13 Sale 1154 31 31 Sale 2334 Sale 30 25 32 14 1154 Apr. 1154 Apr. 11 5 Yellow Checker Cab Co— 100 275 (Consolidated) cl A ser I..50 Class A series 2 com cap..50 120 3,081 Yoseinite Portl Cem Co pf_.10 29 25 3 54 Sale 334 Sale 21 4 Sale 334 23 Apr. 1 21 Apr. 24 334 Apr. 29 Apr. 27 Apr. 24 23 21 3 34 Mar. 31 3654 Mar. 33 4 9 Feb. 21 Jan. 10 UNLISTED STOCKS 30 100 725 2,738 9,555 1,785 513 385 m «p ««■ 975 m 176 2,525 80 American Factors Ltd cap...20 300 Amer Pow & Light com...—* 3,889 Amer Rad & Stand San com..* 8,503 37,466 8,273 3,758 3,792 Amer Tel & Tel Co 100 com Am Toll Bridge (Del) com.-1 Anaconda Cop Mg Co com..50 Anglo Nat Corp cl A com..—* Argonaut Mg Co Ltd capital..5 100 Atch Top Fe RR com—100 4,075 Aviation Corp (Del) com——3 700 Aviation & Trans Corp cap—1 common 100 9.642 Bendix Aviation Corp com—5 1,031 B & O RR 1 1 100 JBerkey & Gay Furn com 4,541 375 37 Bunker Hill & Sullivan Mg 6 Con Co common .2 H 1,185 . Calif-Oregon Power— 128 6% pref (1927 series) 100 1.170 Calif Pac Trading Corp com..* 30 _ " 19.185 t Blair & Co Inc capital 270 262 197 Preferred 100 "l",198 1,910 583 243 2,165 175 '"266 3,995 7,056 4,149 410 . 75 510 13,300 mmm 700 1,362 5*275 576 ■■ • -» — — — 1,808 100 160 * - Cities Service Co (new) $10 par. 3,042 3,737 Claude Neon Lts Inc com 46c 38 iiH Sale 15554 Sale 52c 58c 2534 1354 1454 12 65 80 7c 12* 3754 734 734 5 2754 534 134 29 Sale 254 534 2134 2034 54 234 234 73*4 ..... 1 1 * 20c 1 1,386 Holly Oil Co capital Idaho Maryland Mines Corp Capital..—. .1 18,926 5,943 Internat Tel & Tel common..* 17,478 Italo Petrol Corp of Am com.l 7% cum preferred 1 24,482 3,015 Kennecott Copper Corp com.* 200 Kleiber Motor Co capital...10 250 Marine Bancorporation cap..* * 1,020 Matson Nav Co capital 1,020 McBryde Sugar Co Ltd cap..5 capital.! 121 Monolith Portl Cement com..* Preferred ....10 755 Montgomery Ward & Co, Inc, common j. * 6,003 21,091 Mountain City Cop Co cap..5c 5 1,641 Nash-Kelvinator Corp cap ..... 100 Nat Distillers Prod com * 10.356 Nor Amer Aviation Inc cap 1 678 North Amer Co common.....* 892 Oahu Sugar Co Ltd capital. .20 4 5 12 $1* 25c 1054 4254 1.00 20c 1.75 1.50 6X 7M 4 OX 434 934 "7% "8X 3254 25c 25c 1134 4354 8X 9** 34}$ Sale 26 X 28 754 3334 2434 3434 3.50 2.50 35c ~2~40 1.50 35c 1** IX 40c „ ^ — 2X OX ox 6*4 634 7 5c 20** 20 3'X 15c 25c 1.75 Sale 4X 234 17c 6 7H 9 495* 6X 8X 505* 6 X 8** 27 X 27 H 18*2 Sale t Formerly Bancamerica Blair Oorp. 26c 3254 3X 22 20 3 5c 3354 14c 2054 15 13c 4 Sale Feb. 17 Jan. 12 1234 Apr. 1134 Apr. 11 1434 Mar. 10 17 7354 Apr. 65 17 76 7c Apr. Apr. 7c Mar. 14 29 1.10 Apr. 54 Apr. 24 3434 Mar. 18 54 Apr. 24 24 54 Mar. 22 Jan. 15 6 734 Apr. 434 Apr. 31 Apr. 8 434 Apr. 134 10 10 13 10 8 Apr. 3654 Apr. 26 Apr. . 13 26 Jan. Jan. 734 Apr. © 454 Apr. 10 31 Apr. 10 30c 8 Feb. 22 234 11 4 6 754 Apr. 12 6 Apr. 28 3534 Apr. 1 Jan. 12 434 Apr. 35c Jan. 2.50 Mar. Apr. 3 35c Apr. 3 30c Jan. 2.50 Jan. aW 6 654 6 Apr. 11 634 Apr. 3 8 Apr. 21c Apr. 25 1.50 Apr. 11 29 Apr. 11 654 Apr. 27c Apr. 1.85 Apr. 29 Apr. 4 6 4 11 47 25c 1.75 Sale 23c 3154 3054 14c 5c 2434 20 2.85 13c 14c 2034 Apr, 30 334 6 Apr. 11 5254 Jan. 17 6 Apr. 8 21 Apr. 25 1.50 Apr. 11 29 Apr. 11 5c 3 12c 10 2034 Apr. 3 Apr. Apr. Apr. Apr. 10 6 1 Jan. 3 Feb. 2 134 Jan. 5 19 9 25c Jan. 634 Mar. 15 1334 Feb. 24 9)4 Jan. 7 3 734 Jan. 3754 Feb. 14 1 30c Feb. 1254 Jan. 20 5 4254 Jan. 27 Mar. 16 2.50 Mar. 6 35c Mar. 23 1.75 Mar 2 3 Jan. 20 Apr. 3154 Apr. 1.75 Mar. 534 Mar. 14 Mar. 13 1.25 Feb. 21 29 7 2.50 50c 6 Mar. 13 3 Mar. 13 1.10 Apr. 29 3434 Mar. 18 1.10 Apr. 1.50 20c 2 13 2034 Apr. 10 2454 Mar. 10 3 Apr. 6 8 7 Jan. 3 5254 Jan. 17 934 Feb. 27 37c Jan. 7 2.50 Jan. 4054 Jan. Jan. 5c 22 Jan. 25 Jan. 9 11 13 6 5 334 Feb. 21 16c Jan. 7 12c Feb. 4 Feb. 23 9 8 Jan. 28 434 Mar. 9 854 Apr. 21 * Apr. 3^8 Apr. 554 Apr. o 5234 Feb. 28 6 34 J an. 5 10 654 1534 2154 24 4534 4434 4 I 634 24 2334 17 25 9 Sale 23 3 434 4 2054 10 Jan. 354 Jan. 11 654 Feb. 28 29)4 Feb. 24 8 Sale 23 23 26 Mar. 13 Jan. 5 1134 Mar. 7 3 734 Jan. 3654 Jan. 30 4 45 "14" 11 30 10 8 20 434 354 734 634 67c 36 Jan. Mar. 10 Mar. 11 11 26 1934 30 5 8 18 Mar. 1134 Apr. 8 Apr. 3154 Apr. 25 Apr. 834 45 43 X 10c 22 30 Apr. Apr. Apr. Jan. Apr. Jan. Apr. 18 Apr. 54 Feb. 154 Apr. 454 Apr. 20J4 Apr. 26 234 Apr. Jan. 2134 854 3 54 3654 4 54 3 34 454 534 Apr. 50c 30c 35c 2.25 Sale X 634 1054 754 634 5X 5% 35M Sale 60c 46c 26 154 Apr. 25 634 1 50c 15c 55 SH 6 54 50c ¥ 65 1.10 Sale 31 3234 3A 15c 10 3054 Apr. 11 6 434 Apr. 1 12 Apr. 14854 Apr. 10 170 4 50c Sale Sale 7 54 42 1.25 Apr. 11 6 Apr. 3 Apr. Apr. 28 5 58c Apr. 2354 Apr. 27 4 9J4 Apr. 4 6 Apr. 3054 434 1334 15954 15c 734 554 3154 Sale 22 1154 2 1.15 854 o 734 Sale 134 66 4 Sale 11 154 "15c" 6 50c 3054 Apr. 434 Apr. 12 Apr. 157.54 Sale 14834 Apr. 52c 50c 50 c Apr* 2134 Apr, 2454 2354 10 854 Apr. 854 4 354 Apr. 334 27 2534 454 Apr. 554 534 2 254 5 534 454 Apr. 18 Apr. 2034 2134 454 1234 1054 13 3834 10 10 934 32 2934 3J4 1154 c 24 1.15 * 6,865 General Electric Co com 652 Hawaiian Sugar Co capital..20 _* 200 Hobbs Battery cl A cap B capital * 685 199 Holland Land Co com.......* 48c 3054 3334 1034 734 Sale 4134 3954 834 Sale 354 334 834 J* 28 2854 34 334 Sale 10 Assn Inc common * 2,590 315 Comm'l Solvents Corp com..* * 4,938 Consol Oil Corp common _.l 8,364 Curtiss-Wright Corp com * 5,405 Dominguez Oil Fileds cap 1,440 Dumbarton Bridge Co com.. 10 5 3,910 Elec Bond & Share Co com No par value* 14954 150 25 960 Calwa Co common 100 Ches & Ohio RR com 62,155 M J & M & M Consol 3534 634 1834 1.55 100 Intermit xSIckel of Can Ltd—* 1,510 17$ * 200 Coen Cos Inc class A conv Columbia River Packers " 3\Y / 454 634 834 Apr. 24 4434 Apr. 354 Apr. 554 Apr. 6 8 10 834 Apr. 21 4654 Apr. 434 Apr. 634 Apr. 3 3 4 2154 25 44 28 26 1454 Sale 2054 2134 13c 1334 Apr. 26 2234 Apr. 27 22 Apr. 27 1534 Apr. 2234 Apr. 27 2334 Apr. Mar. ! 26 2234 Apr. 27 2034 Jan. 12 13 54 Apr. 834 Mar. 3 Mar. 1 28 1934 Feb. 16 25 Jan. 19 24 Mar. 15 SAN FRANCISCO STOCK EXCHANGE 64 AQQREQATE SAN FRANCISCO STOCK EXCHANGE SALES . PRICES IN APRIL April Shares Shares• STOCKS 1939 Par Bid 520 Olaa Sugar Co Ltd capital 100 - 59 4 _20 383 Onomea Sugar Co capital—20 700 Pacific Indemnity Co cap—10 584 Pacific Portl Cement com. .100 18 % 2,230 100 728 "431 270 40 4,031 688 956 45 10 1,264 22 23 X 24 27 X 28 X 31 ""27 350 900 ""400 1,580 10 10% 6% 1% 1 27 ~~4% 23 28 12 8* 2. 70c Lowest Highest Sale Prices Sale Prices Sale Prices £y' 3% 4X 3% Apr. 10 3% Apr. 10 25 24 2.50 50 Sale 14" Sale ex ..... 4 2.45 Sale 3% iex 10% ex IX A'A 27 2.15 Apr. 2.45 Apr. 29 Apr. 11 15 11 17 18 45 3 20 Jan. 10 Apr. 17 Mar. 17 11 11 Feb. 56 48 Apr. Apr. 45 3 3X 6 45 3% Apr. 10 5 18% Jan. 30% Feb. 17 4 1.75 Jan. 3% Apr. 5% Apr. 10 1% Apr. 1 4% Apr. 10 2% 5% 1 6% Apr. 1% Apr. 5 Apr. 3 1 3 5% Apr. 1% Apr. 4% Feb. 15 15% 19 25X 27 X 28% 5 4% Apr. 11 Apr. 8 18 Apr. 6 24 Apr. 11 27% Apr. 11 29 Apr. 10 23 26 5% Apr. 12 Apr. 1 Apr. 6 Apr. 15 Apr. 4 Apr. 10 Feb. 48 4 11 4% Jan. 23% Mar. 4 9 11% Mar. 15 8% Jan. 5 1% Apr. 1 6 Feb. 2 Mar. 20 Mar. 14 Jan. 18 27 5 20 7 10 1 4% Mar. 9 26 Mar. 17 33% Mar. 3 2.45 Feb. 17 21 18 25 X 45% 14% 43% Sale 21 Sale 28% 28% 29 29 X 3% ex 8 e% e% Sale 15% 10 15 36 16 38 20 35X 2X 3ex 2% 35X oV4- 60c J* 70c 65c 75c 50c 5 ex 5 29 28 Feb. Jan. Feb. 7 Jan. Apr. Apr. Apr. Jan. 6 Mar. 10 9 Jan. Mar. 28 13 4 3% 6% 43% 5% Apr. 10 44% Jan. 20 10 Apr. 11 44% Jan. 12 44% Jan. 20 14% Mar. 6 17 Apr. 14 42% Feb. 25 3% Feb. 28 11 11 10 11 17 17 Apr. 14 35 Jan. 24 Apr. 14 Apr. 12 2% Apr. 24 60c Apr. 15 53% Apr. 3 75c Apr. 18 4% Apr. 8 5 Apr. 24 6 Apr. 13 36 40c 5 4 3 13 Jan. 3% Apr. 25 6% Apr. 3 45 Apr. 6 7% Apr. 3 Apr. 14 Apr. 12 2% Apr. 6 54c Apr. 10 45 Apr. 8 1.00 4% Mar. Apr. 25 Apr. 13 Apr. 10 Apr. 11 17 46% 1 1.50 28 36 70c 45% % 4% 26 41X 50% Sale X 1 6% ex 6 6% 11 30 2.00 6% 18 20 10 47 30 21 3% 6% 43% 5% 8 e% 44 15 6X 28 29% 35 34% 3% 6 45 35 85a Sale 3% 20 Apr. 18 Apr. 23% Jan. 27% Jan. 28% Jan. 32 24% 27% 28% IX 80c Highest Sale Prices 31 40 X 39 Lowest Ask April 29 Ask Bid 5 8 35 _ 7,099 2X 7X 3% 6 7% 51% 52% 7X Sale ..5 5,806 United Aircraft Corp cap 665 United Corp of Del common..* 1 7,475 U S Petroleum Co capital _* 28,856 U S Steel Corp common 5 100 Utah-Idaho Sugar Co com 25 1,500 Vica Co common 5 5,214 Warner Bros Pictures com 150 West Coast Life Ins Co cap 5 617 a 8% 3 Class B common 30 200 Texas Corp common 25 35 Title Guaranty Co cum pref_ * 10 13 7% 2% 5% 24 X 3% * 1,976 Standard Brands Inc com 25 300 Standard Oil N J capital 1 6,795 Studebaker Corp common Superior Portland Cement— Class A preferred 25 * 691 200 50 25 1.80 45 4% Sale 23% 24% ...100 6% preferred 51 11 April 1 Ask Bid 3 5% 22 22 "l"65 "2" 50 6 %% preferred 195 .100 4,366 Packard Motor Car Co com— * 700 Pennsylvania RR capital—50 110 Pioneer Mill Co Ltd capital.20 * 8,632 Radio Corp of Amer com 100 Radio-Keith-Orpheum com—* 1,630 Riverside Cement (Del) A—.* 104 Santa Cruz Portl Cem com. .50 7,685 Schumacher Wall Board com.* Preferred * 1,636 * 1,389 Shasta Water Co common 25 17,488 Sou Calif Edison common C5%% preferred 25 4,921 B 6% preferred 7,804 25 .25 246 Sou Calif Gas 6% pref Sou Pacific Golden Gate Co— 125 1,317 RANGE SINCE JAN. Price Jan. 3 Since Jan. 1 In 5 5 5 3 Apr. 24 Apr. Apr. 6 2% Apr. Apr. 10 8 Apr. % Feb. 28 40 Apr. 18 8 4% Apr. 4% Feb. 15 54c 45 7% Mar. 10 47% Mar. 21 8% Mar. 6 47 18 Jan. 75c Feb. 21 69% Jan. 4 % Feb. 28 Jan. 1 31 6% Mar. 10 Jan. 5 13 RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE 1939 1938 409,857 1,889,206 405,727 1,759,692 Stock Sales April ---- - - - Jan. 1 to April Shares. 30-- Bond Sales 1938 1939 April Jan. 1 to April 30. AGGREGATE LOS ANGELES STOCK EXCHANGE SALES April STOCKS Jan. 1 Shares 1939 Shares 55",555 Par 2,000 Assoc Gas & Electric A 94,064 Bandini Petroleum Co.- 50 50 100 210 472 460 200 4,925 2,381 1,480 1,870 200 B .--10 10 common 3,390 Broadway Dept Store com 4,600 Buckeye Union Oil com 1 Preferred 1 1,172 Preferred v t c_ 1 1,000 793 Byron Jackson Co * 1,543 California Packing Corp * 2,552 Central Investment Corp.. 100 300 Chapman's Ice Cream Co -* 11,040 Chrysler Corp __5 8,114 Consolidated Oil Corp * * 3,565 Consolidated Steel com Preferred 7,013 * 2,208 Creameries of America v t c 350 District Bond Co. '"281 2,660 1,800 9,175 1,733 9,832 6,750 25,180 2,190 2,675 21,400 50 Douglas Aircraft Corp Electrical Products Corp. Emsco Derr & Equip Co ♦ 4 -_-5 - 350 General Paint 2,940 9,749 1,158 7,950 12,956 88,140 ""245 150 l",555 11,671 2,189 11,214 2,817 400 9,574 common * - Gladding McBean & Co Globe Grain & Milling Co Golden State Co_ * 25 Goodyear T & R Akron Hancock Oil Co A 250 3,000 525 4,000 1,000 Mid-Western Oil Co.. Mt Diablo Oil Ming & Dev. 25c 57 %c 75c 30c 10c 2% Sale 50c 1% 7 8% 2c 2c 3c it* 17% 16% 1.75 82 9 8% 5% 6% 9% Sale 4 4% 5% 76% "77% 9" 10% 9 10% 70c 370 49% Sale 8 6% 9 6% lc 10c 7c 18 5% 6% 30c 4c 17 1.00 81 2 10 6 7 2c 3c 12% 15% 12% 60c 1 ~24" 18% . 5 AVs 17c 3c 06c 2c 10c 11c 1 33% cH** 2% Sale 6c 26 2 2 10 4 50c .1 70c 5% Sale 25c 5c 13% IV4 85c 63% 7% 3% 8 4% 5% 58% 9% \VA 41c 4% 50c 3% 39 1.15 2% 21% 5% 5 59% 10 7% 50c 4% 1% 12c 14c 24 24% 2% Sale a$H 65c Sale 30c Sale 55c 2c 4c 49c 55c 8c 17c 47c ,VA 05c 60c Sale 50c 7c Sale 6c 22c 18c 19c 10c 3c 42 30c 2c 03c 10c 17c 7% 4% 8% 19% "22" 5% 1% 5c 48c it* elU 1.10 nl1/4> 15c 50c 17 17 110c 8 2 5% Apr. 21 2c Apr. 24 3c Apr. 15 6 3c Apr. 10c lc 12% 14% 50c 3 40c 3% Jan. 7 3 Mar. 31 Sale Prices 1 Jan. 11 6% Apr. 25 13 Jan. Mar. 16 Feb. 7 Jan. 30 Apr. 4 Apr. 17 Apr. 1 Mar. 33 30c 40c Apr. 17 Apr. 17 75c 10c 25% Apr. 13 10c 1% Mar. 22 75c 5c 2c 6% Apr. 25 7% Apr. 3 25% Apr. 13 75c lc 38 1.10 30c 5c 12c Sale Sale Apr. Apr. 1% Apr. 5% 50c 1 110c 2 5 21c .... 40c 30c M 1 1 1.00 A* Jky* Sale 2 8% 2% 13 50c 1.05 40c Sale 1% Highest Sale Prices 75c Jan. 28 12c 30c 42c 365 392 375% 393 43% 42% 41% 42% 6 5% 6% 4% 6% 6% 6% 8 8 6% 7% 6% 7% 27% 24% 25% i* 36c 6c 10% 1 * 10c 14 10 42 21% 7% 1% 7 5c "61" 37% * 75c 60 39% 6 25c 68% 69% 8% Sale 4 3% 7% 8% 5 4% 5% 37 90c 1.10 13c 35c 10c Sale Highest Sale Prices 4% Apr. 7% Apr. 25% Apr. 25% 30c 60c Lowest Lowest Sale Prices April 29 AsA; Bid Ask 50c 1.00 87 %c Sale 5% Sale 8 8 29 13c 50c Nordon Corp............ 5 ...1 5,466 Occidental Pet Corp. page 12% 33% * .... Menasco Mfg Co Merchants Petroleum Co For footnotes see Investment Co Mascot Oil Co April 1 Ask Bid 50c a Sale * com— ..... 12,373 L A * . Holly Development Co 515 Holly Oil Co.... 300 Honolulu Oil Corp 1,179 Hudson Motor Car Co 1,832 Hupp Motor Car Co 3,165 Intercoast Pet Corp .i 9,000 Jade Oil Co 28,871 Lincoln Petroleum Corp... 17,669 Lockheed Aircraft Corp... 29,124 L A Industries InC 2,400 88,440 4,300 6,000 6,045 19,000 5c 65c 1 100 360 __10 ... " 1 3% 11% 28% — 18,149 General Motors Corp.- 200 225 625 200 25 Exeter Oil Co A 171 Farmers & Merch Nat Bk 29 5,240 Bid 25c Warrants 9,935 Bolsa Chica Oil Corp A 3,800 1,000 1,172 1,000 50 ._1 3,100 Barnhart-Morrow Cons 1,750 Berkey & Gay Furniture Co-_l ""450 """725 1 1 * 475 Barker Bros common 25 5%% preferred. 100 10 RANGE SINCE JAN. PRICES IN APRIL Price Jan. 3 Since In f 11% Apr. 10 6 15 Apr. 6 12% Apr. 90c Apr. 19 61 Apr. 19 7 Apr. 11 6 3% Apr. 7% Apr. 24 4% Apr. 20 60% Apr. 9 Apr. 6% Apr. 40c Apr. 382 Apr. 37% Apr. 5% Apr . 6 Apr. 7 Apr. 6% Apr. 24% Apr. 33 Apr. 92%c Apr. t 2 Apr. 27 11 10 28 5 8 8 8 20 10 26 11 6% Apr. 2c Apr. 3c Apr. 3c Apr. *12% Apr. 16 Apr. 13% Apr. 90c Apr. 66% Apr. 8% Apr. 4 Apr. 8% Apr. 4% Apr. Apr. Apr. Apr. Apr. 385 Apr. 43 Apr. 5% Apr. 6 Apr. 8 Apr. 6% Apr. 25% Apr. 40 Apr. 10* 55* 11 1 t 4 24 15 6 22 3 17 19 5 1 3 6 14 27 3 19 4 6 3 8 8 3 6 22 28 1.20 Apr. 27 2 Apr. 1 Feb. 6 5% Apr. 21 8 2c 3c 3c 3c 3c 15 Jan. 12 Apr. 15 Apr. 6 Feb. 14 15 Apr. 6 12% Mar. 31 Apr. 19 Apr. 19 90c 61 7 3% 7% 3% 6% 60% 9 Apr. 11 Mar. 30 Mar. 30 Feb. 16 Mar. 14 Apr. 27 Apr. 11 5% Apr. 1 % Apr. 360 Jan. 37% Apr. 5% Apr. 9 Apr. 5 Jan. 6% Apr. 24% Apr. 33 Apr. 92 %c Apr. 2 6c 13c 22 4 26 11 13 4 8 25 1 12 Apr. 10 Apr. 28 2c Apr. 22 14c Apr. 28 26% Apr. 12 2% Apr. 21 Apr. 8 60c Apr. 5 Apr. 3 25c Apr. 25 3c Apr. 1 52 %c Apr. 8 7c Apr. 4 13c Apr. 28 Jan. 17 3 6 4 12 Apr. 15 Apr. 6 Feb. 6 Jan. 20 Jan. 19 1.00 Mar. 31 83% 9% 6% 9% 5 Mar. Jan. Jan. Mar. 8 6 4 3 Mar. 6 6% Mar. 14 70% Feb. 9 11% Mar. 10 4 399 8 8 8 ll 10 26 11 11 Mar. 31 23 Feb. 2 7 1% Mar. 29 30c 2c Apr. 6c Apr. 22% Apr. 1% Apr. 4% Apr. 50c Apr. 2% Apr. 25c Apr. 3c Apr. 49c Apr. 3c 16 Feb. Jan. 4 6% Apr. 10 10% Jan. 40c Apr. 28 67%c Jan. 20 22% Jan. 4% Apr. 10 3 1% Apr. Apr. 2% Jan. 75c 5 Mar. 9 2c Apr. 22 6c Apr. 4 22% Apr. 26 1% Apr. 11 3% Jan. 5 50c Jan., 20 2% Apr. 8 Apr. 25 3c Apr. 1 25c 49c 6c 13c 51% 7% 9% 8% 8% Mar. 6 Mar. 10 Mar. 6 Jan. 7 Mar. 30 Feb. 23 35% Mar. 8 42 Feb. 10 1.40 Jan. 20 2% Jan. 22% Jan. 12 23 7 Feb. 2 2% Jan. 5 16 1 18 41c 4c Jan. Feb. 12c Jan. 36% Feb. 24 2% Jan. 7 4% Mar. 7 60c Apr. 5 5% Jan. 4 25c Apr. 25 4c Feb. 15 Mar. 24 55c 10c Jan. Jan. Jan. 11 Apr. 10 Apr. 28 20c 65. 0 3 7 MAY, 1939] AGGREGATE SALES In April Par 1,400 2,102 14,380 2,480 4,350 9,758 200 220 501 863 850 1,549 .128 125 720 1,173 159 Oceanic Oil Co.......... 1 Pacific Clay Products Pacific Distillers lnc * 53 2,600 8,449 1,100 2,948 16,836 368 188 868 315 17,089 13,922 924 275 25,300 9,000 4,150 400 12,000 4,500 9,000 4 k Preferred series C_ 10 1st preferred 6% 28k 31k 1,854 625 5k % 1st preferred 8,400 Pacific Indemnity Co 5,418 Pac Lighting Corp com 609 $6 preferred ...25 —25 10 -* * 10 14,870 Republic Petr Co Ltd 415 Preferred 8,400 51,743 8,505 8,977 109,316 2,762 935 April 29 Ask Bid 60c 70c 50 1 Rice Ranch Oil Co Richfield Oil Corp w a common—* rrnnf-.fi 35 18c 9 2 k Public Markets ..* Ryan Aeronautical Co Sateway Stores Inc.... Security Co units.. Shell Union Oil Corp Sierra Trading Corp Signal Oil-Gas A 1 * Roberts 28k 27k 43 k 108 6k 20k Ilk 3k * 25c * 1 9,975 Wellington Oil Co 100 Western Pipe & Steel Co 10 1,029 Yosemite Portl Cement pref 10 MINING STOCKS— Alaska Juneau Gold M Co. 10c Black Mammoth Cons M ColOc Calumet Gold Mines Co—10c Cardinal Gold Mining Co 1 Cons Chollar G & S Co. -.1 1,160 119,800 111,700 30,630 2,025 62,000 Imperial Development Co 25c 1 8,600 Tom Reed Gold Mines Co.. 1 22,400 Zenda Gold Mining Co 3k 7k 28k 28 k 14k 6c 30k 8k 24 k 42 k 28 k 27 k 29k 32k 29k 28 Sale Sale 7k 21k 12k Sale 40 25c Sale Sale 3k Sale 29k 30 15k Sale 31k 10 Sale 43 29 Sale 25c 31k 32 21k Sale 28 Sale 2k Sale 43 31k By* 28 43 105 5k 19 k 9k 2k 33 k 20c 7k M 31 32 k 29 k 25c 20c 7k 2k 32k 32 12 k 9c 10 Sale 41 Sale 8 8k Sale Sale 15 k Sale 7k 8k 60c lk 4k 8 4 k Sale 17 k 20 3k 4 6k 18 k 9k 10 k 23 kc 25c 5c Sale 5kc Sale 2k lk lc lkc 10c 15c 3c 5c 32 k 14 26 k 29k Sale 6k 17 k 13 k 8k "33" Sale 26k 3 12 3k 39 8 4 6 28 Sale 3c 26 8k 28 k 25 k 41k 28 k 28 it* 26 k 9 29 Sale "33k 12k 27 k 2k Sale Sale 7 65c 5 14k 3k 8c 2k Ilk 3k 1V* 6 15k 8k lk 6 3k 1 25c lc 5c 8c 2 9c 1.00 lk Sale lc 2c 9c 3c 15c 8c 15c 3kc 2kc 3kc 12k 13 lkc Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. (0 2k Apr. 35 Apr. 20c Apr. 7k Apr. lk Apr. 4k Apr. 6k Apr. 133 k Apr. 29 Apr. (0 26 Apr. Highest 60c 4 Apr. 29 k Apr. 6 25c Feb. 7 9k Apr. 8 Ilk Apr. 18 9k Apr. 18 28 Apr. 31k Jan. 29k Jan. 27k Jan. 43 105 Jan. 21 Jan. Apr. Sale Prices 85c Jan. 17 Jan. 19 o 30c Feb. 16 V* 12k Ilk 10k 33 k 32k 29 k 33 k 48 k 108 k 21 Mar. 14 Apr. 18 Feb. 9 Mar. 11 Mar. 14 Mar. Mar. 6 4 Mar. 15 Jan. 19 Jan. 24 10 k Mar. 10k Mar 3k Jan. 2k Apr. 36 Jan. 33 Apr. 30c Jan. 18c Apr. 10 k Jan. 6k Apr. 11 3 k Jan. lk Apr. 8 3 k Jan. 4k Feb. 9 5 k Feb. 7k Jan. 7 39 Feb. 30 k Mar. 22 Mar. 26 Jan. 24 31 7 6 23 21 17 18 23 3 6 10 6c Jan. 3 32k Jan. 5 9k Mar. 21 27 k Mar. 10 43 Jan. 19 29k Mar. 25 28k Mar. 14 32k Jan. 20 4c 24k Apr. 7k 23k 40k 28k 27k 32k 32k 10k 25 k lk 35k 7k 5k 16k 12k 8k 4k 2k 8 Apr. 14 Apr. 11 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. (0 Apr. Apr. 28 25k 41k 29k 28k 32k 33 14k 26k 2 38k 7k 6k 17 k 14k 8k 5 Apr. Apr. Apr. Apr. Apr. 6 Apr. 21 Apr. 3 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. at) Apr. Mar. 21 24k 7k 23 40k 28k 27k Apr. 8 Apr. 14 Jan. 25 Apr. 4 32 Jan. 17 Apr. 10k. Apr. 25k Apr. lk Apr. 35k Apr. 7k Apr. 5k Apr. 16k Apr. 12k Apr. 8 Jan. 17 8 14 11 11 3 11 21 8 20 33 1 5 Apr. 20 2k Apr. 18 Apr. 9 k Apr. 5 Apr. 21 Jan. 3 32 4 3 k Apr. 14 k 4 22c 9c Apr. Apr. (0 3 Apr. 4k Apr. Apr. 10k Apr. Ilk Apr. 9k Apr. 29k Apr. 32k Apr. 29k Apr. 30 Apr. 44 Apr. 105k Apr. (0 25c 9c 16 k 14 8 6k lk 3k 5k Ilk Sale Sale 18c *28 39 8 Sale 5c 1.10 lk 37k 7k 5k Sale 3c 24c 7 k 10k lk lk "4 k 29 25c 32k 2 35 7 7k lk 3k 5k 33 k 25 k 40 29 25 k 29 k 28 k %VA 32 Lowest Sale Prices 70c 4k Apr. Apr. 9k Apr. Ilk Apr. 9k Apr. 28 Apr. 32 k Apr. 29 29k Apr. 25c 45 k 43 k k 107 105 k 106 k 105 5k 6k 5k 21 19 k 18k 10 k 9k 10k Sale 2k 2k 36 k 32 33 33 Sale 9 k Highest Sale Prices Lowest Sale Prices 60c Apr. 44 5k 3c 26 k 28 30 Sale nk lp 44 1* 21* 26 10k 9k 29 k 32 k Sale Sale 32 31 2 30 Ask Sale 5k 25c Sale 10 k -— 2,850 c 67 kc 10 k 10k """892 9,559 4,786 1,550 7k 12 70 Victor Oil Co 1,427 Weber Showcase & Fix pref--* 100 625 6*2 Ilk 12 k Pac Finance Corp common.. 10 Preferred A -.10 400 226 77He 80c Bid 20c 2,700 4,727 2,491 Sontag Drug Stores * 25 35,429 So CaTif Edison Ltd com 557 Original preferred ....25 14,880 6% preferred 25 5 k % preferred. 15,986 .25 672 So Calif Gas 6% pref .25 25 6,194 So Calif Gas A 6% pref. ..100 33,629 Southern Pacific Co * 26,389 Standard Oil of Calif. 1 1,800 Sunray Oil Corp ..25 7,377 Superior Oil Co common 515 Taylor Milling Corp * * 88,329 Transamerica Corp 25 53,674 Union Oil of California.!. 10 4,175 Universal Cons oil Co * 1,030 Van de Kamps Bakeries 3,144 2,690 Ask 25c 10 6,206 Pac Gas & Elec Co com....-25 355 1,890 1,341 6,656 Bid ..1 * 60 Pacific Public Service 324 Pacific Public Ser 1st pref_.._* -10 420 Pacific Western Oil 3,150 April 1 1939 Shares 7,130 RANGE SINCE JAN. Pnice Jan. 3 STOCKS Jan. 1 65 EXCHANGE PRICES IN APRIL LOS ANGELES STOCK EXCHANGE Since Shares STOCK ANGELES LOS Mar. 3 k Feb. 4 8k Apr. 25c Apr. 14 3kc Apr. 10 8 8c Apr. lk Apr. 10 2c Apr. 28 5 9c Apr. 3kc Apr. 15 8k Apr. Apr. 2kc Apr. 8c Apr. 1.10 Apr. lkc Apr. 9c Apr. 3c Apr. 21c 8k Apr. 19kcMar. lc Jan. 7c 1.10 lc 23 6 7 30 Jan. 9c 3c Jan. 18 21k Jan. 4 14 25 Mar. 10 Jan 4 Jan. 10 Mar. 9 Mar.I 8 Apr. 14 30 k Apr. 2 k Jan. 45k 8k 7k 19k 16k 8k . Jan. 4 3k Jan. 9 Jan. Jan. Jan. Jan. 10 10 2k Jan. 16 10 30c 5c 3 6 30 Apr. 17 10c 10 Feb. 24 Feb. 23 2c Jan. 9 10c Jan. Jan. 17 20 18 k Jan. 4 Jan. 4c UNLISTED STOCKS— 1,145 309 2,112 2,226 215 190 568 1,550 380 ""855 1,417 310 525 164 1,245 381 100 935 1,883 675 714 835 605 744 455 1,880 2,703 3,303 848 110 421 390 1,365 220 4,167 500 771 1,085 925 635 684 2,460 429 615 467 935 483 472 2,495 3,971 2,550 351 * 3,718 1.670 9,501 12,601 1,045 * Amer Rad & Stand San Am Smelting & Refg Co 100 American Tel & Tel Co Anaconda Copper Mining—50 Co (111) 5 25 3 1 50 Aviation & Transportation .5 6,335 Bendix Aviation.... 1,895 Borg-Warner Corp. 55 Case (J I) 2.354 Caterpillar Tractor * Armour & 632 Atlantic Refining Co 4.102 Aviation Con) (Del). 51 Cities Service Co.-.. Columbia Gas & Elec Corp 6,743 2,627 4,664 1,212 9,450 1,986 1,150 3,000 6,538 3,014 4,281 2,612 3,212 4.103 1,560 6,659 14,324 18,683 4,947 10 * Commercial Solvents. * 17k 51k 149 33 k 5k 34 k 22 k 22 k Sale 8k 3k 28k 31 Curtiss-Wright (Del).—.5 Corp.... 1 OlcLSS A .5 3k Sale 32 89 91 47 7k Ilk 30 k 7k Sale Ilk lk 31k Sale 27 k Electric Bond & Share 6k 46 7 Commonwealth & Southern..* Continental Oil Co 18k 150 27 k 5k 2k 20 k 22 k 73 38k 6k 6k 9k lk 23 k 5k 21k 8k 10k Ilk Ilk 43 43 k 7k 35k 39 39k 39k 23 k 54 k 24 k 17 55 k 9k 43 k 54k 50 k 47k 6k 32k 41k * 9k 42 k 53k 50 21k 1 19 Electric Power & Light Corp.. General Electric Co ._...._* General Foods Corp.. * Goodrich (B F) Co... * International Nickel Co.. International Tel & Tel * ..* Kennecott Copper Corp Loew's lnc * * Montgomery Ward & Co... * 46 14 k 13 k 20 k ...» 3 k 2,349 Paramount Pictures lnc 6,441 Radio Corp of America......* 580 Radio-Keith-Orpheum * 17,232 Republic Steel Corp.. ... * 1,535 Seaboard Oil of Del * 3,179 Sears Roebuck & Co 15 3,890 Socony-Vacuum Oil Co 2,993 Southern Ry.. 4,056 Standard Brands Inc........* 25 2,076 Standard Oil Co (N J) ...1 7,849 Studebaker Corp. 25 1,450 Swift & Co— 25 2,958 Texas Corp. 2,275 Tide Water Assoc Oil Co....10 2.671 Union Carbide & Carbon 8k * New York Central RR North Amer Aviation lnc North American Co 950 Ohio Oil Co 2,422 Packard Motor Car Co a22,H Sale 7k 6 lk 15 k 17k 68k 11 14k .... 2,909 2,275 6,720 13,485 8,266 1,445 No par value. 6 45k 7 17k 38k 12k 71k United Aircraft Corp... United Corp (Del) U S Rubber Co * ......* U S Steel Corp Warner Bros Pictures... 2k 10 -.5 Westinghouse Elec & Mfg—50 fi Removed Sept. 8. 35 100 t Odd lots. 118k Ilk 12 k Ilk Apr. 37 k 40 k 41k J35k Apr. 38 158 154 k 155 k 157 152 Apr. 24 k 23 k 24 k Sale 23 Apr. 3 k 3 k Apr. 4k 3k 4k 19 k 20k 18k 19 k 119k Apr. 38k 51k 4k 92k 5k 3k Sale Sile 5k 2 20 k 22 5k 2k 21k 23 70 75 39k 7k Sale 10k lk 23 k 5k 22k 9k Sale 74 42 k 44 k 6 5k 9k lk 6k 6k 10 k lk 23 5-/4 25 k 7k 6k 26 k 8k 7k 36 33 k 34k 40k 42 k 42 k 16 k 17 k 15k 48k 7k 33 42k 46k Sale Sale Sale 8 Sale 45 k . §k 6k 2k Sale 17k 69 k Ilk 15k 6k 46 7k 18k 39k 13 k 72 k 35k 2k 39 k 52 k Sale 93 k 5V% 30 k 38k 44 k 13 k 14k 20 k 7 k 3k 7k 6k 14 k 17 k 66k 46 k 6k 31k 39k 45 k 14k 15 k 21k 7 k 3k 2k 15k 18 k 66 k Sale 13k . 14 k tllk Apr. 6 k 45k 44k 6k 6k 18 k 17 k 37 k 36k 12 k Ilk 72 k 71k 36 k 35k 2k 2k 34 k 35k 45 k 4k Sale 88 5k Apr. at) 19k Apr. f 22k Apr. at) 43 Apr. at) 5k Apr. t 9k Apr. lk Aprl X 22 Apr. 5 Apr. 121k Apr. 8k Apr. 7k Apr. 34k Apr. 138k Apr. 113 k Apr. 45 k Apr. 6 k Apr 30k Apr. f 37 k Apr. 45 Apr. 14 Apr. 12k Apr. 19k Apr. t 6k Apr. 3 k Apr. t 6k Apr. 5k Apr. lk Apr. 14k Apr. 17k Apr. 160k Apr. Ilk Apr. 89 6 11 8 8 26 1 13 19 Apr. Apr. i Apr. Apr. Apr. Apr. 2k Apr. 36 Apr. 46 Apr. 4 Apr. 183 k Apr. 8k Apr. 15 12 . 152 1 23 11 13 27 8 4 27 15 11 13 k 20k 11 t 7k 1 3 k 8 t 8k 10 6k 4 lk 17 16 k 10 4 18 26 13 28 28 13 3 10 * 68k 19 12k 11 * 16k 4 Apr. 3 Apr. 1 Apr. 4 Apr. 1 Apr. Apr. 29 Apr. 13 4 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 21 28 13 3 14 13 13 6k 44k 6k 12 12 17 k 8 *40k Apr. 3 10 12 Apr. 27 25 71k Apr. 25 3 3 35k Apr. 4 8 2k Apr. 4 40 3 Apr. 18 53 k Apr. 3 11 5 3 Apr. 10 *95 3 Apr. 13 11 13 3 43 3 5 45k Apr. 20 6 5k Apr. 19k Mar. 31 8k Jan. 3 29k"Feb"."24 1 3 10 3 k Apr. 12 165 k Mar. 9 5 19 36k Jan. 5 k Jan. 10 11 Apr. Apr. 1 13 8 Ilk Apr. 10 12 5 35k Apr. 142k Apr. 27 3 117 k Apr. 6 45k Apr. 3 7k Apr. 4 30k Apr. f 39 k Apr. 27 24 Apr. 27 44 k Apr. 5k 17k 34k Ilk 71k 35 11 12k Apr. *41k Apr. 152 Apr. 24k Apr. 3k Apr. *20 Apr. 5k Apr. at) 20k Apr. * 22k Apr. at) 43 k Apr. at) 6 k Apr. * 10k Apr. lk Apr. *24k Apr. 6 Apr. *25k Apr. 8k Apr. Apr. 5k Ilk lk 26k Apr. 11 Mar. 24 8 Apr. 5 24 8k 7k 34k 40k 18k 45k Feb. 14 Mar. 31 Jan. 26 Apr. Apr. Apr. Mar. Mar. Apr. 13 19 24 52k Mar. 8k 12k 2k 26 k ill 12k 18 \VA 42 30 23 6 55 k 8 9k 4 30k Apr. 45k Mar. 18 3 45 Apr. 14 Apr. 27 12k Apr. 11 19k Apr. 10 8 k Feb. 24 1 3 k Apr. 39 k £Pr- Mar. 17 5k Apr. 10 4 lk Apr. 14k Apr. 17 10 16k Mar. 31 69k Jan. 23 Ilk Apr. 19 20k Feb. 6 27 Apr. 27 44k Apr. 5 k Apr. 17k Apr. 44 Mar. Ilk Apr. 71k Apr . 35 Apr. 2k Apr. 36 Apr. 46 Apr. 4 Apr. 103k Mar, 14 11 12 9 10 25 3 8 8 6 14 6 Feb. 14 Jan. 3 Jan. 31 Jan. 19 Jan. 19 Mar. 4 Mar. 16 Mar. 6 Jan. 6 Feb. 27 Jan. 14 Feb. Feb. Feb. 45k Mar. 18 50 Mar. 17 22 k Jan. 4 4 19k Jan. 26 k Mar. 10 10 Jan. 6 6 4k Jan. 1.3 k Jan. 3 8k Mar. 8 2k Mar. 17 25 Jan. 4 20k Mar. 16 74k Mar. 13k Jan. 21 Mar. 4 3 3 7H Mar. 11 50 0H Jan. 17 Mar. 9 17 k Apr. 12 46 k Jan. 17 14 k Mar. 10 84 k Feb. 28 41k Feb. 24 Feb iP 4 Jan. 18 69 Jan. 11 6k Jan. 22 110 Jan. 6 3 3 5 17 Ik RANGE OF PRICES ON Stock Sales 1939 Shares. April Jan. 1 to April 30 THE CLEVELAND STOCK EXCHANGE - Bond Sales 1938 30,012 137,184 April 19,131 Jan. 1 to 106,840 1939 1938 ... April 30. AGGREGATE CLEVELAND STOCK EXCHANGE SALES STOCKS Jan. 1 April 25 1 71 287 50 791 Bid 8 ares 80 177 Par 658 Air-Way El Appli 1st 7% pf 100 556 Akron Brass Mfg common ♦ S Shares 410 194 552 163 1.321 4,935 215 225 400 497 79 64 5 * f referred _ _ 31 Preferred 755 Clark Controller 1 new 520 Cleveland Builders Realty. * 3,148 Cleveland Cliffs Iron pref..._* 231 Clev El 111 $4.50 cum pref. * 5,705 Cleveland Rys ..100 * 22,515 Cliffs Corp vtc 616 Colonial Finance Co common. 1 . 110 1,106 1.055 62 5 78 50 50 190 30 """281 56 816 464 106 60 170 487 _ 420 Commercial Bookbinding * 608 Dow Chemical 5% pref....100 4 1,927 Eaton Mfg. Co. common 254 Elec Controller & Mfg 250 Faultless Rubber Co com _* 1,059 2,937 3.004 732 40 135 20 1,084 .5 50 .....* * * * ... Leland Electric........ * * * ...... A ... 45 197 529 • Sale 14 13** 10** 17 10 115 116}* 24 15** 20 70 16 JH 26 36** 20 39 wII* .8* 1|54 if* 1254 33 15 A* 60 25 3** 17** 8 "l4** 4 ** "5** "1754 15 5 If* * * 2 2054 14** 11** Sale 116** 20** 60 19 55* 205* 17" "17** 27** 28 24 13 16** 39 40 102*4 103 10 354 38 35** 20 16** 1354 13*4 3** Sale 9 4 V- Highest Lowest Highest Sale Prices Sale Prices Sale Prices 11 8 ilH 6** Apr. 65* Apr. 4 4 9 Apr. 65* Apr. 6** Apr. 65* Apr. 10 4 8 11** Apr. 6 77** Apr. 25 11** Apr. 6 77** Apr. 25 77 41 85 41 r 9 Apr. Apr. 3 10 Apr. 85.** ..... _ 34 50 19 15 Sale 75* 60 Sale 31 6 20 58* 2** 35 35 12 20 15 125* 1454 4 9** 14** 15 30 38 14** AM 1654 2*4 20** 3** 22 21 70 23 19 23 4** 17** 23 5** 5 10 1154 5 8 58 "II** 1** ¥2 30** 18 1054 9** 8 Apr. 8 Apr. 14 12 Apr. 14 3 Apr. 26 9 Apr. 10 15 Apr. 1 32 Apr. 8 14 Apr. 6 2** Apr. 10 (0 (0 3** Apr. 5 15 Apr. 8 (0 3*4 Apr. 21 3 Apr. 36 1 Apr. ** Apr. 24 30 Apr. 18 17 Apr. 17 1** 54 30** 17** 17** 13 Sale 13** 14 10J* 30** Sale 6** 9*4 75 81** Apr. 25 8 Apr. Apr. Apr. 11 7 12 4 5 30 Apr. Apr. Apr. Apr. 13 Apr. 9** Apr. 8*4 Apr. 12** Apr. 27 5 18 6 25 13 27 10 32 Apr. 6** Apr. 6254 Apr. 2 29 13 8 20 31 4 14 11 19 14 7 15 14 Jan. Jan. 10 20 Jan. 10 24 27 10 44** Jan. 11 Mar. 15 Jan. 37 Mar. 16 15 Jan. 24 40** Jan. 19 10 101** Mar. 27 454 Feb. 41 14 14 26 10 23 22** Mar. 14** Jan. Feb. 11 Feb. 4 Mar. 31 Jan. 17 1** Jan. 23 ** Apr. 24 Jan. 17 13 Apr. Apr. 8 Apr. 7 Apr. 12 Apr. 11*4 Mar. 11 2 5 7 Jan. 7 15 Apr. 36 6 10 36 Jan. 14 Jan. 1 12 17*4 Mar. 13 2** Jan. 13 Feb. 21 (0 3** Mar. 21 22*4 Mar. 16 9** Jan. 18 51 Jan.. 9 15*4 Mar. 5** Jan. 5** Feb. 60 21 (0 3** Mar. 21 Apr. 8 9*4 Feb. 10 49** Mar. 9 15*4 Mar. 7 45* Jan. 4 3*4 Apr. 21 15 Mar. 16 26 30 2 Apr. Apr. Apr. 65 1 ** 25 31 34 15 I 8 23 20 (0 Feb. 27 94** Apr. 25 14 *100 CO Mar. 20 Apr. 24 Apr. 2** Apr. * 3*4 Apr. 21 Apr. 3 36 Sale 54 95* San. 14 5 74 20 Mar. Apr. 10 20 2 54 Jan. Apr. 18 Mar. Apr. 10 61 Apr. 3 113** J an. Apr. 17 23*1 Jan. Apr. 14 22*4 Jna. 12 Jan. Apr. 8 Mar. 29 13 Jan. Apr. 5 118** Jan. CO Apr. 14 70 Jan. Apr. 19 16 2*4 Feb. Feb. 15 Mar. 14 265* Mar. Jan. 28 27 CO Jan. 31 8 (0 Feb. Apr. 12 Apr. 3 Apr. 9 Apr. 14** Jan. 60 11 - 105* Mar. 9 33 15 38** Apr. 6 15 Apr. 14 1354 Apr. 5 3** Apr. 1 9 Apr. 10 15 Apr. 1 34 Apr. 4 15 Apr. 1 2** Apr. 10 3** Apr. 19 Apr. 42 (0 4*4 Jan. 48 "16" 3** 35** 34 Sale 33 60 ..... 25** 5 vl* 3** 15 5 3 Mar. 10 6*4 Mar. 31 Apr. 3 9 Apr. 10 3 If* 3 Mar. Feb. Feb. Jan. 77** Apr. 7** Jan. 9** 7** 8*4 6 1135* 41 6** "io" Jan. 11** Apr. 954 Apr. 24 U) co 17 17 20 Apr. 10 18** Apr. 6 2 2 2 2 3 Apr. 18 Apr. 18 46 40 44** Apr. 10 50 Apr. 3 44** 112 112 Apr. 3 113** Apr. 27 112 "26" 16 16 Apr. 17 20** Apr. 4 Sale 12 12 Apr. 14 Apr. 5 11 10 10** Apr. 8 10*4 Apr. 27 13 9 10 10 10 Apr. 1 Apr. 1 116 118 115 Apr. 5 117 Apr. 25 115 (f) (O 20** 19** 51 5454 5454 Apr. 14 59 Apr. 4 5454 14 14 16** Apr. 9 1454 Apr. 18 55* 2*4 18 (0 18** (0 26** 97 99 Apr. 27 99 Apr. 27 195 CO (0 15** (0 24** (0 25** 3154 94 Apr. 24 94** Apr. 25 94 19 20 (0 18** (0 40 45 40 Apr. 24 40 Apr. 24 29 29" 40 29 Apr. 27 29 Apr. 27 13 13 Apr. 10 14 Apr. 10 1054 15** 39 40 38 Apr. 24 39** Apr. 18 38** 100 99 100 Apr. 21 100 Apr. 21 100 •9** 8 Sale * l Feb. Jan. 25* Mar. 14 ** Feb. 7 30** Mar. 31 48 75 17 25 11 4 5 17 26 _ Jan. 13 Apr. 12** Jan, 8** Jan. 14** Jan. 11*4 Mar. Jan. 6 25 23 20 23 17 17 17 35 11 8 Mar. 25 Jan. 3 91 Apr. 22 34 Apr. 21 7** Apr. 21 91 Apr. 22 Jan. 20 35 18 Apr. Mar. Feb. Apr. Apr. Mar. Apr. Apr. 8 Feb. 24 Jan. 3 Mar. 1 Jan. 10 Jan. 5 Feb. 25 Jan. 9 Jan. 17 30 Feb. 6** Jan. 50 Corp— Mfg * 455 Vlchek Tool 340 Warren Ref & Chem com....2 ... 992 Weinberger Drug 570 W R I Corp pref 680 White Motor. 1,715 Youngstown Sheet & Tube 1454 Sale 15 * .......1 50 Union Metals Mfg Co.. * 1 1,093 Upson-Walton 4,166 Van Dorn Iron Wks Co com..* No par value, 57 H 3 5454 11454 Lowest ..... "23"" "26" Class A $2.25 cum pref. .... * 905 Troxel 100 12 ... Stouffer 581 ihH 20 ..... 2,277 Thompson Products Inc com. * 15 "21" 20*4 45 90 McKay Machine 993 McKee (Arthur G) B 1,491 Medusa Portland Cement 208 2 50 113 84 40 ♦ 109 Nineteen Hundred Corp 546 Ohio Brass B 20 Ohio Confections A 2,430 Otis Steel Co common 105* 7954 im iH 6** 46 18*4 ""895 1,230 3 61 mti "if* 29 603 ""175 20 85 40 ........._* 1,349 Packer Corp -.* 1,535 Patterson-Sargent 5 635 Reliance Elec & Eng com 19,229 Richman Bros * 2.409 Seiberling Rubber Co com * 5,421 Seiberling Rubber pref. 560 135 50 4.538 395 57 50 Sale 85 6** 50 * 461 Murray Ohio Mfg 80 Myers (FE) & Bros Co com..* 1 1,065 National Acme Co com 25 1,774 National Refining New common -—* 5,519 $6 prior preferred 935 ... Preferred. .......100 164 ..._* 4,609 National Tile Nestle LeMur "A".......... * 1,190 425 9 7 8 11 21 85 ""903 13** 9 8 33 20 51 Jaeger Machine Kelly Island L & T Lamson Sessions 5 * Preferred 153 Hanna (M A) $5 pref 75 Harbauer 1,234 Interlake SB 6** 6** Ask 1 Sale Prices April 29 Ask Bid ...100 689 Monarch Machine Tool Co—* 56 16 2 23 198 ""185 10 73 2,241 General Tire & Rubber com. .5 230 General Tire preferred. 100 3,669 Goodrich (B. F.) Co.common * * 4,456 Goodyear Tire & Rub com $5 conv cum preferred 62 * 105 Great Lakes Towing ...100 811 9 April 1 Bid 10 Qh 3 Preferred 99 553 Greif Bros Cooperage 125 Halle Brothers Ask Sale 80 * 250 """270 il* 63 560 Metropolitan Paving Brick—* Preferred. ...100 26 * 290 Midland Steel * 268 Miller Wholesale Drug 140 3 145 6 100 100 20 Fostoria Pressed Steel ""£§3 _ 5,428 JBrewing Corp of America 3 104 Canfield Oil common.. 100 3.229 City Ice & Fuel * 5 425 Amer Coach & Body 782 Apex Electric & Mfg 134 RANGE SINCE JAN. PRICES IN APRIL Price Jan. 3 1939 Since In f Odd lots. * 33 29 Sale 13** 35 21** 22 * Apr. 19 18 Apr. 19 il* 2?* IB-8^ 4 15* 11** 55* 1 ** 13 70 100 1 18 8** 375* 854 38 35* Apr. 25* Apr. 15* Apr. 11 10** Apr. 25 4 Apr. 60 •(f) (0 3** Apr. 2** Apr. 8 4 15* Apr. 11 11** Apr. 3 Apr. 4 60 ft 3*4 10** 3** 25* 45* 15* 10** 60 19 11 18 8 10 30 11 25 Apr. 4 275* 4*4 135* 45* 4** 55* 15* 14** 67** Feb. Jan. CO (0 7 In the earlier part of this publication complete records of the dealings the country, for the latest General Quotations only those dealt in index to month and for the calendar year date, to are on the leading stock exchanges of furnished. combine in on the exchanges, but also leading unlisted and inactive securities. one the different classes of securities of In this department comprehensive whole, securities of all classes and descriptions, we not The following is an quoted: Page Page Page 84 Railroad Stocks......................... 85 Real Estate Bonds 71 Exchange Seats......................... 84 Joint Stock Land Bank Securities Federal Land Bank Bonds............... 92 Mining Stocks.......................... Foreign Government Bonds.............. 93 Municipal Bonds—Domestic............. 92 Real Estate Trust and Land Stocks Canadian............................. 94 Textile Stocks Utility Bonds 73 Title Guarantee and Safe Deposit Public Utility Stocks 78 United States Government Securities..... 92 67 United States Territorial Bonds.......... 92 Industrial Bonds 81 ... Industrial Stocks .... 85 ................. 100 .............. Insurance Stocks ... Investing Companies Securities.......... 72 Public Railroad Bonds Quotations for all securities are as near as possible for the The letter "f * prefixed to ... ................... ........101 — 85 ........... 85 Stocks. 85 closing day of the month preceding the date of issue. bond prices denotes that the quotation is flat price—that is, that the accrued interest forms part of the price, and a therefore the purchaser does not have to provide for it separately in making payment. In the case of income bonds and bonds in default, the price is always "flat," and no designating mark is employed to indicate the fact. Quotations for equipment bonds are based on average maturities. Quotations for guaranteed stocks are "and dividend" that is the accrued dividend must be paid in addition to the price. It should be borne in mind in the use-of these tables that the quotations for many inactive cases the and unlisted securities are merely nominal, but In all figures are obtained from sources which are considered reliable. The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬ 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 NOTICE—All bond prices Bid Bonds BAILBOAD BONDS Aberdeen AAsheboro 1st 5s'40JAJ f 25 65 Adirondack 1st 4Hs 1942 gu MAS 100 Akron & Barb Belt g4s 1942-JAD Akron Canton A Youngstown— Gen A ref 6s 1945 series A.AAO / 30 Gen A ref 5 >4s 1945 ser B.AAO / 30 Alabama Great Southern— 108 1st cons g 5s 1943 ser A...JAD 105X 1st cons 4s 1943 ser B JAD Alabama Tennessee A NorthernPrior lien 6s 1948 —JAJ / 7X Gen Income 6s Oct 1948---JAJ / IX are Bonds 4 32 70 1st mtge g 4s, 33 32 Certificates of deposit 105X Ref A gen 5s series A 1995. JAD Certificates of deposit 9 Ref A gen 6s ser C 1995—JAD Certificates of deposit 3X Alabama A . 73 77 75 78 is 1995 32 105X 70 1.00% 3.00% 38X 96 Atlanta A Charlotte Air 107 X 95 92 95" 95 JAJ J A, Atlanta Knoxville A Northern—1st mtge gold 5s 1940—..J&D 92 X 95 X 97 X 101" 75X 80 Atlantic Coast Line RR— fi a vwu v* vw J * * ** 79 100X 57 X 67 X 56" 57 2.00 1.50% 1.50% 2.00% 2.00 2.50 '40.AAO 85 97 39X 25 X 46X 44 X 101 b Basis. 11X 12 36X 37 4.70 4.70 4.70 1st 36X 44 X 4.00% 4.00% 4.00% 102 82 83 103 X 91 85 98 X „ 5s June 1942 JAD 4H« inipt 1978 FAA 1st mtge 4Hs ser A 1943..AAO 3Xs Jan 1 1951.. —JAJ Ref 3Xs 1952 gu N Y O—AAO 100X 99 H 100K 4X» guar 1957 4X« guar 1951 4Xa guar 1956 4Xs guar 1955 40-yr 5s guar 1970 5s guar July 1 1909 50" 5s guar Oct 1 1909 5s guar 1954 1.50% 2.50% 85 96X 98 15 7l" 5s series DD 1945 JAD JAJ MAN MAS 5s series FF 1947 5s series Z 1943 103" Mtge 4 Xs 1944 Mtge 4s 1942 k Last sale. 32 33 X 34 61 31X 2.60 92 X AD 15 FAA JAJ AAO FAA r r 114X 112 X 114M 116X 117X 113 X 117H 118X 99 X MAN MAS AAO . ...MAN JAJ 82 57 61 72 53 75 56 53 56 29 X 30 X 30 30 X 27 29 X Coll tr 4Xs 1960 34 35 X Conv coll tr 6s 1942 34 35X 33 36 FAA n Nominal. 25 _ 100 104X 101 101 99 X r 71X 93 90 X 87 Eq tr 4Xs 1939-1945s-a 118 114X 117X 119X 100 Coll tr 5s 1954 _JAD S f 4Xs Dec 15 1944—JAD 15 JAJ MAS JAJ JAD b Caro Cent 1st g gu 4s 1949—JAJ Oaro Clinch A Ohio 6s '52.JAD 15 Carthage A Adirondack— 1st mtge guar g 4s 1981 JAD 116 r Canadian Pacific— Cons deben 4s perpetual—JAJ Eq tr 5s 1944 31 90 114H 113X 114X r 15-yr conv coll tr 4s 1949—JAJ Conv coll tr 3Xs 1951—.FAA Conv coll trust 3s 1945—-AAO Ooll trust 2 Xs 1941 AAO 27 97 X 2.00% 93 X 99 Equipment trusts— 4Xs series H 1939 -JAJ b 2.50 4Xs series J 1939-42...MAN 5 2.50 5s series K 1940-1944--MAN b 2.50 4Xs series L 1939-1945.JAD b 2.50 2Xs series O 1939-1947.FAA b 2.50 Canadian Nor deb 6Xs '40—JAJ 121X CanadianN W4XsOct22 1943— 99 67 78 36X 36X 36X 35 X 35 X 35 X 6X 8X 103 X 20-yr coll tr 4Xs 1946—MAS 1st mtge 5s ser AO 1967...MAS 1st mtge 58 ser II1955 MAN 1st mtge 4 Xs ser J J1961—AAO 5s series AA 1944 AAO 33 X 63 89X JAJ MAS FAA 16-year guar 3s 1950 JAD 13-year guar 3s 1950 _JAD Guaranteed 3s 1944—.MAN 7-year guar 2s 1943 FAA 4-year guar 2s 1942 JAJ 17-year guar 3b 1953 FAA 107H 3.25 94 80 Canadian National Rys— 47 X 81 86 90 56 / Canada Atl Ry 1st 4s 1955—JAJ Canada South 5s 1962 ser A.AAO 90 2.10 6 2 85 Con 1st A coll tr 5s g *34—AAO / 5X Certificates of deposit.. f 4X Cambria A Cl'field 5s g '41.-JAJ 105 Gen M g 4s 1955 FAA 95 X Cambria A Indiana RR— 101" 30 70 Susquehanna RR Corp— 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North- Boston A Maine RR— 5s series U 1941 5s series V 1942.. 5s series W 1942 Certificates of deposit Buff A 100X 45 Equip trust 3 Xs Dec. 1 1939-46 4Xs Juy 15 1947—JAJ15 / Equiptrust2Xs 1939-47.-AAO b Bedford Belt 1st 5s 1938 Birm Term 1st g 4s 1957 gu.MAS Bluff Point Land A Imp 1st 4s '40 Boonville St L A Sou 5s '51.FAA f Boston A Albany 5s Oct '03 JAJ m 4sl950 JAJ Buffalo Creek 1st 5s 1941 JAJ 1st ref 5s 1961 JAJ Buffalo Rochester A Pittsburgh— Con g 4Xs 1957 MAN / 40 / This price includes accrued interest. 20~" 46 X Bay City A Battle Ork 3s '89 JAD 5s series R 1940 5s series T 1941 95 X Atlantic A Yadkin gu 4s 19 20 49 X 50 43 Equip tr 2Ha 1940-1947—MAS Big Sandy Ry 1st g 4s 1944—JAD Birmingham Southern— 7X FAA / / 6s ext to Jan 15 1947 JAJ / Boston Term Co 3X* 1947—FAA 71" 72 '52.MAN Equipment trust 4Xs—...... b Eq 4Kb 1940-41 E (yr)—.FAA b b Eqtr 2 Xs 1940-52 Atlantic Coast Line (Conn) Irred ctfs of indebt 5s ..JAD Atlantic Coast Line of 8 O— 20 5s 1939-1944 1st mtge gu g 4s 1955 102X 100 Lou A Naahv 4s Oct 1 11X 10 X 46 X „ 19 20X 18 Ry of Ohatt 1st 5s '45—JAJ FAA Jk \J 18 Belvldere Del cons 3 Ha 1943. JAJ Bessemer A Lake Erie— Atlantic City 1st 4s 1951.—JAJ 1st 5s ext May 11954....MAN 99 19X 18X 20 X 19X 18X Belt 103. 5X Bost A Prov deb 5s July 11938 Boston Rev Beach A Lynn— Tol Cinn Div ref 4s A '59--JAJ JAJ 4.75 Boston ANY Air Line— 35 Washburn Ext 1st 5s '39-.FAA Battle Or A Sturgis gu 3s *89-JAD MAN b 4.00% 4.00% 4.00% 46 X 20 58 26 4.75 4.75 56 X 47 X 46 X 45 X S'west Div 1st mtge 5s '50-JAJ Certificates of deposit Eq tr 4Xs ser D 1939-41-_JAJ Eq tr 4Xs ser E1940-42--AAO Eq tr 4 Xs ser F 1939-44. .MAN Bangor A Aroostook— 1st M 58 g Jan 1 1943 JAJ Cons refund g 4s 1951 JAJ 4s stamped 1951 Pis cat Div g 5s Jan 1943—AAO St Johns Riv Ext gu 5s '39.FAA Van Bur Ext 5s g Jan *43.AAO 23 Ask JAD b AAO b 56X Beech Crk Ext 3X* 1951—.AAO 99 77 Equipment trusts— 3Xs 1939-1944 4Xs 1940-1943 53 110 92 Atlanta Terminal 6s 1939 60 55 X 54 111 2002...MAS 1st cons 4s Mar 1 Bonds Boston A Maine RR (Cont)— Mtge 3s 1950 .JAJ 75 101X Line— 1st M 4H" 1944 ser A lot M 5s 1944 ser B 45 18 X Convertible 4Xs, 1960 FAA Certificates of deposit P L EAWVa Sys ref 4s'41 MAN Certificates of deposit - See Seab'd Air Line Atl A Birm. Ref A gen 5s ser D 2000--MAS Certificates of deposit Ref A gen 5s ser F 1996--MAS Certificates of deposit ^ 36 Q-J Ark A Mem Ry Bridge A Term— 94 1st M 5s 1964 MAS 98 X Aroostook Nor 5s g 1947 AAO Atchison Topeka A Santa Fe— 107 Gen mtge gold 4s 1995 AAO 74X Adjustment 4s July 1 1995 Nov / Stamped MAN / 89 X 92 X Conv g 4s of '09 due 1955. JAD 94 Conv g 4s *05 due 1955. .JAD 89 Conv g 4s of '10 due I960.JAD 101 Conv deb 4Xs 1948—-—JAP 110X Trans S L 1st g 4s 1958-—JA 107 X Cal-Arlz l8tAref4Hs"62 opMAS 98X Rodry Mt Div 4s 1905— AJ Athens Term Ry 1st g 5s '37—JAJ f 35 Ann Arbor 1st g July 1948--AAO 1st mtge g 5s, July 1948--AAO Certificates of deposit 5-year sec notes 4Xs 1939.FAA ^ Alleghany Corp— 70X Coll tr conv 5s 1944——FAA 60 Ooll A conv 5s 1949 JAD Coll A conv 5s 1950....—AAO 5s stamped 1950 A&O / 24" 105X Allegheny Valgen 4s 1942..MAS Allegheny A Western— 48 X 1st mtge guar 4b 1998—.AAO American Kefrlg Transit— 2.00 Equip 5 Xs series K 1939--MAN b 4.00 Equip 5s ser P, G A H, *41-'45 b 1st mtge gtd g 58 1941 JAJ Augusta Union Sta 4s 1953.-JAJ Bid Ask Baltimore A Ohio— ^ Vicksburg By—_ A—MAN Albany A Susq 334s g 1940—AAO Bid Austin A Northwestern— , 1st M g 5s 1974 s rieb bonds mature "and interest" except where marked "f" and Income and defaulted bonds. 82X 100 100" 2.00% 2.00% 2.00% 2.00% 2.00% 122 100X 72X 94 X 89 83 X 100X 84 85 79X 82 81 95 113 2.50 31 107 42 im 113X 2.00% 43 X 107 X 45 68 RAILROAD BONDS NOTICE—All bond prices ore "and Interest" except whero 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 Oatawissa RR g 4s 1948 A&O Central Arkansas & Eastern— 17 1st 4s 1948 J&D / Central of Georgia— 1st M g 5s Nov 11945—-F&A / Cons gold 5s 1945 M&N / 12% - 31% 6% 3% 3% / / 4s series T1939-1952—-J&J b Chatt Div gold 4s 1951—J&D / Macon & Nor g 5s 1940—-J&J Mid Ga & Atl 1st 5s 1947—J&J Mobile Div g 5s 1946 J&J / 30-yr 4%s 1900 .M&N Trustee ctfs 3%s 1947.... 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 6.50 6 6 6.00 6.25 25 % Gen M (now 1st) g 5s 1987 - J&J / —J&J f Eq tr 4%s 1939-'41 (yr)-F&A b 16 16% Gen M 4s 1987 12% 19 2% 4.60 4.00% 65 V 66% , 60 70 Guar g 5s 1960 F&A European loan 4s 46..—M&S Central RR & Banking of Ga— 45 46 50 52 1942—M&N 49 58 83 88 Central RR of South Carolina— 1st ref 6s 1939-1976 Central Vermont Ry— Eq tr 5s Dec 14 1939-*44 <yr)— Charleston & Western Carolina— 1st 5s 1946— —.A&O Chatt Rome & Sou 1st 5s 47 J&J 4.00 90 notes* notes, notes, notes, notes, 1946-- 95 124 98% 98% 104 102 102 102% 102% 102% 1.00% 1.75% 1.00% 1.50% 1.50% 109% Guar 4s. 1944 A&O 1st M 4s series.D 1963 J&J 1st mtge 3 HbMt E 1963—-J&J 104% 107% 106% 102% Guaranteed 3%s 1951—M&S Chicago & Western Indiana— Consol gold guar 4s 1952—J&J 89 1st & ref M 4%s D 1962..M&S Choc & Memph os 1949 J&J / Choctaw Oklahoma & Gulf— Consol gold 5s 1952 M&N / Cincinnati Hamilton & Dayton General 5s gold 1942 J&D Oin Ind & West 1st 5s 1965-M&N Cincinnati Lebanon & Northern 1st consol gtd 4s 1942 M&N Monon Goal— Non-cum inc 5s 1955(w-s) 14 Chic Indianapolis & St LouisShort Line 1st 4s 1953—_ A&O Chic June RR 1st 4s 1945—M&S 66 102 Chic June Ry & Un Stk "idsColl tr ref 5s 1940 _A&0 Coll trust ref 4s 1940 A&O 103 Chicago Lake Shore & Eastern— 1st M 4%s 1969 opt 1919. J&D Chic Memp & Gulf os 1940--J&J Chic Milw & Gary 1st 5s *48-A&O ndy> 102 4% 90 91% 36 42 10 14% 40 100 98 *1041 107 2.00% 105% £ 109 105 105% 41% 103 General 4s gold 1993 J&D Gen M 5s ser B 1993 J&D Ref & imp 4%s ser E 1977-J&J O W & M Div 1st 4s g '91—J&J St L Div 1st col tr g 4s '90 M&N 75 103% Gen & ref 4%s Gen &ref 4%s Ser Cleve Short L %%% 98 102% 1.50% 14% 13% 1977 ser 93% 106 108% , 107% 103% 104 105% 107% 107% 105 A.F&A Gen g 3%s B May 1 1989.J&J Gen 4%s May '89 series O.J&J / Gen 4 %s May *89 ser E J&J / Gen M 4%s May '89 Ser F. J&J * Equip trust 3%s 1940-'53A&0 b Eq4%» '39-'43 E & F <yr)_J&J b Eq 4% i '39-'4l G & H «yr) J&J b Eq tr 5 b '39-*40 ser B <yr).F&A Chicago h North Western— Gen M 3%s g 1987 M&N Gen M gold 4s 1987 M&N Stmnd non-pay Fed inc tax. / Gen M 5s '87 stpd inc tax.M&N / GenM4 %s'87 stpd inc taxM&N / GenM4%s'87 stpd inctax M&N / 15-year 0%s Mar 1930—M&S/ 1st & ref 5s May 2037 J&D f 1st & ref 4%s May 2037—J&D / 1st & ref 4%s May 2037 C J&D / Oonv g 4%s 1949 ser A..-M&N Equipment trusts— 4%s series U 1939-1943—M&N 5 4 %s series V 1939-44—F&A & 4%s series W 1939-44 M&S b 4%s series X 1940-45..F&A 5 , . 6% 2% 107 79"" Cleveland Terminal & Valley— 1st 4s gold guar 1995 M&N Cleveland Union Terminals—. 87" 7 if* 19% 19% 19% 24 4.00 5.25 3.00% 4.75% 4.75% 4.75% 5.25 5.25 IVA 10 18 10% 10% 10% 9H 11% 12 6% 6% 6 3% 4.50 17 13 11% 16% Equip tr 2%s ser A *40-*52 M&S 13 7% 6% 7% 3% 4.50 3.75% 3.75% 4.50 4.50 3.75 3.75 ) 2% 2% / 39% 14% 9 16 12 1st M 6s 1946 series A—M&N/ 3 Certificates of deposit.. 2% / 5 Georgia Fla & Ala 1st 6s '52.F&A / 39 Georgia Midland 1st g 3s '40.A&O Ga RR & Bkjg ref 6s 1951...A&O 109 4s Jan 1 1947 J&J Ga Sou & Fla 1st g 5s 1945—J&J Deb 5a 1952 A&O 6 104 4 3% 7 41 100 44 40 25 35 4.50 Eq tr 4%s 1939s-a M&N6 Girard Point St'ge 3%s '40—A&O 102% Goshen & Deckert'n 1st 5%s 1978'/ 30 2nd ext 6s 1979 ...M&N Gouvernour & Oswegatchle— 3.50% 30 50 J&D Grand Rapids & Indiana— 1st 4%s 1941 3%s 1941 J&J J&J Grand River Valley—See Grand Trunk Pacific— 1st M 3s 1962 Michig • 104% 102 an Cen tral 94 1.90% 102 36" llT% 39" 91 27 99% Eq tr 5s Dec 14 l939-'43 «yr)_. Grays Pt Term g 5s 1947 J&D Great Northern— 1st & ref g 4%s *61 opt Gen M 5%s 1952 ser B Gen M 5s 1973 ser O 89 4.00 b 7 10% 11% 10% 9 12 6 2 40 llg If* 33 33 35 12 i04% 89 89% J&J 81 84 74% 90% 80%' 78 77 90% 69% 81 70 2.15 1.50% 1.25 1.50 0.75% 1.00% Express— Eq 58 J'ne 15 1939 <yr)J&D 1.50 1.00% Eq tr 4%s 1939-1940..J&D 1.75 1.00% Greenbrier Cheat & Elk— 1st 5s 1944 ..J&J W Va Midland Ext 5s '54.J&J 85 78 103 Greenbr Ry 1st g gu 4s '40-M&N Green Bay & Western— 55% 4.25 105 J&J Debenture ctfs A Feb Debenture ctfs B Feb Guantanamo & Western— 1st M 6s 1958 series A 3.50% 84 Gulf Mobile & Northern— 102 93 55 89% 3.00% Western Fruit 4 31% 33% 110 83 *41.J&J 1976 series D J&J 1977 series E J&J Gen mtge 4s ser G1946 J&J Gen mtge 4s ser H1940——J&J Gen mtge 3%s ser 11967..J&J Eq tr 2s 1940-1947 Jil&S Eq tr 4%s 1939 M&S Eq tr 4%s 1939-1940 Dcyr) J&J 10 7 99% 93 108% Gen 4%s Gen 4%s 8 b J&J Grand Trunk Western— 1st g gu 4s $ July 1 1950...J&J 107 115 53% 5% 60 7 43 5 ... J&J Guayaquil & Quito 1st 5s '32 J&J2 45 8 1st 5%s 1950 ser B ..—A&O 1st 5s 1950 series O. -——A&O Secured notes 3s 1945 J&J 3 5% 67 w<> 72 70" 80 Equip tr 2%s 1939-1946—J&D 3% 92 95 5.00 5.00 Gulf & Ship Island KR— lst ref & term g 5s Feb '52. J&J 80 5.00 1st con g 4s 1936.-—.....J&J 1st con g 4%s 1930—.—J&J Denver & Salt Lake Ry— Inc mtge 6s Jan 1 I960.An Apr Stmpd (July 1 1933 cpn on). Gulf Terminal of Mobile— 1st mtge tr 4s 1957 ku J&J 60 9 Harl 10 R & Portch—See N Y N 62 H & Ha Mt Joy 6c Lane RR Ext 4s 1943— J&J 68 rdford Harris Ports 56 J&J Hoboken Ferry 5s 93% •107% 1946——M&N J&J 50 117% Hocking Valley 4%s 1999 Ctfs of dep for gtd 4sl935-J&J Des Plalnes Val 4%s 1947..M&S f Det & Mack 1st lien 4s 1995. J&D / „ J&D 3% 23 Holidaysburg 50" 40 20 35 1st guar 4 %s 1961 M&N Detroit Toledo & Ironton— 1st 5s Mar 1 1964 J&J 100% Eq tr 2%s 1939-1947—--M&N 2.60 101% J&J 1st mortgage 3%s 1962—.A&O Duluth South Shore & Atlantic— J&J. Bedford 94 2.00% 104 60 70" & J&J Oumb J&J b 1st M g 4s 1951 guar Holyoke & West 4%s 1951—A&O / Housatonic con 5s 1937—M&N / Hudson & Manhattan— 1st gold 5s 1957 Detroit & Toledo Shore Line— Dext & Piscataquis 4 %s '49. .J&J Duluth Missabe & Iron Range— Eq tr 5s 1939 (yr) 4% Detroit Term & Tunnel— i) 17% QQ 2.35 Denver & Rio Grande— 1st 4s 1958 M&S East Tenn & Western N C— 1st extended 5s 1965 M&N 97 71 91 88 1978 ser B—A&O Eq tr 4%s 1939-'42 (yr)..M&N Equipment trust 5s Equipment trust 5%s / This price includes accrued interest. 93 (s-a).M&S 57% 6% 91 33 Dutchess Co RR 4%s 1940—J&D / b Basis. 6% 6% (Lake Superior) 4s 1955 — 1st 4s Feb 15 '42 Alb gu—M&N Gen 4s 1962 Can Govt gu—J&J 109% Gen income 5s Aug '55—F&A Assented subject to plan 1st gold 5s 1937 11* (Mountain and Prairle)4s 1955 35% Colum & Toledo 4s East Penn 39% 102% J&J Georgia Carolina & Nor— Ext at 6% to July 1 1934 Georgia & Florida RR— 42 103 111 1953 35 102% 71% 1940. ..F&A Columb & Hock Val 4s 1948.A&0 1st gold guar 4s in 4.00% 4.00% . 105 1995 4.75 4.75 87% 78% Coal Riv Ry 1st 4s gu 1945 J&D Colo & Southern 4%s 1980.M&N 2nd Mort. gold 4s 23 9 70% Coi & Pt Deposit 4s lsi 4s 1950 Des Moines & Fort Dodger— It* 11* 78 Ref & impt 5s 19% 19% P 8% Florida Southern gu 4s 1945.J&J 68 Florida West Sh 5s 1934 9 J&J Fonda Johnstown & Gloversv— Gen ref gold 4s 1950 ...J&J / 25 1st cons ref 4%s '52 opt—M&N Proof of claim filed.— Amended 1st con 4%s 1982 Proof of claim filed. 1% Certificates of deposit.. / 1% Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D 4% Fort St Un Dep Det 4%a '41.J&J 100% Genesee River 6s 1957. 35 J&J Ga & Ala 5s Oct 1945. J&J 10% Ga & Ala Term 1st g 5s 1948.J&D 7 __ 1st s f 5%s 1972 series A—A&O 1st M s r os 1973 series B—A&O 1st a f 4%s 1977 series C—A&O Clinchfield RR— 12% 12% Florida East Coast 4%s '59.J&D 1st & ref 5s 1974 M&S Certificates of deposit 1st 41 13 A&O .A&O Florida Central & Peninsula 1st cons 5s gold 1943 _ 2% ill! M&N A&O Eq 4%s '40-'41 LL <s-a)..M&S Eq tr 4%s 1939-*43 (s-a)— M&S Erie & Jersey s f 6s 1955 J&J Erie & Pghg3%s B 1940 J&J 3%s series C 1940... J&J Denver & Rio Grande Western— 50-yr 5s 1975 series A F&A / Oonv adj 5s Jan 2000 A&O / Chicago Milwaukee & St Paul— Gen g 4s A May 11989——J&J 50 1996—...J&J J&J gold 4s 1953 ser A..A&O 1st 5s 1942.—.. 1981 ser B—J&J 4%s 1961——A&O 1955...-F&A 86% Concord & Claremont 5s '44.J&J Connecticut & Passumpsic Rivers 17 1st gold 4s 1943. A&O 4.00% Conn River gold 4s 1943 M&S 101 Connecting Ry <Phila)— 1st M gu 4s Mar 15 '51-M&S 15 1st 5s 1951 M&S 64 Consol Rys <N H) deb 4s '54.J&J Deb 4s 1955 -J&J 12 Deb 4s 1955 —A&O 13 Deb 4s 1956 guar 13 J&J Coeur d'Alene& Pend Oreille Ry 3% 5s 1960 J&J 5% Cuba Co extend 3s 1955 J&J Cuban Nor Rys 1st 5%s. '42 J&D Cuba RR 1st g 5s 1952 17 J&J 7%s extended to 1946.....J&D 6s extended to 1946.......J&D 71 Imp & equip 5s 1960 M&N Danbury & Norw ref 4s 1955.J&J 103% Dayton Union Ry 1st 4s '49-J&J Del & Bound Br 3%s 1955..F&A 103 Delaware & Hudson—„ 1st & ref gold 4s 1943....M&N 37" Delaware Lackawanna & Western 5% Equip trust 4s Apr 1 1940-'49— 100 98 80 1942-—J&J 1942—A&O B 3 %s gen gtd 1942—A&O O 3%s gen gtd 1948.-M&N D 3%s gen gtd 1950.-F&A Ser 10% 62"" Ser A 4%s gen gtd Ser B 4%s gen gtd 107% 66 50 90 White W V Div 1st 4s *40—J&J Cleveland & Pittsburgh— 114% 95% 86% 64 49"" Spr & Col Div 4s 1st g '40.M&S _ 63 50 190R Series B 1953 Series D 1953 Ref & imp M 5s 1967 Ref & impt M 5s 1975 104% 107% 98 Erie prior lien g 4s Eq 4%s 1940-'41 H 60 1st M 3 %s ser D 1971 M&N 1st mtge 3%s ser E 1969--F&A Cl'field & Mah 1st gtd 5s '43.J&J Cleveland Akron & Columbus— 1st cons guar g 4s 1940—F&A Olev Cine Chic & St Louis— Ser Chic Milw St Paul & Pac RR— 105% 107% 107% 103% 90% 37 Cincinnati Union Term Co— 1st mtge g 58 series O '57-M&N 109" ... 105. 57% 47% _. 103% _ it* 105 Income 5s 2862 A&O El Paso & R I 1st gu 5s 1951.J&J El Paso & Southwestern RR— 1st & ref 5s 1965 A&O Conv &50 92 103% 100% 101% 102% 107% Elmira 6c Williams port— 1st 6s 1910 ext at 4% 1950- J&J 58 45 89 105% Gen lien gold 4s, 1996 96 3s 1939-1946. —J&D & 2.00 2s 1940-1947.M&S b 2.00 Craig Valley 1st 5s g 1940-J&J Paint Creek Br 4s 1945—F&A 107" Potts Creek 4s 1946 J&J R & A Div 1st con g 4s *89.J&J 114" 2d con g 48 1989 108 J&J Warm Spr Val 1st 5s g '41 -M&S Chesterf & Lancaster 5s 55.F&A Chicago & Alton RR— 9 Refunding g 3s 1949 A&O Chicago Burlington & Quincy— Gen M 4s 1958 M&S 95% 1st & ref 4%sser B 1977.-F&A 81% 1st & ref g 5s 1971 ser A—F&A 91% Illinois Div 3%s '49 op *29.J&J 97% 4s July 1 1949 102 J&J 2.10 Eq tr 2 Ms 1939-47 A&O Chicago & Eastern 111«new co)— Gen M 5s May 1951 M&N Certificates of deposit Chicago & Eastern Illinois— 1st consol 6s gold 1934 A&O / 96% Chicago & Erie 5s 1st g '82..M&N Chic Great West 1st 4s 1959-M&S / 16% 5.00 Equip tr 4%s "A" 1945--A&O b Chicago & Illinois Midland Ry 1st mtge s t 4%s ser A '56 M&S 99% Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J 63% Chicago Indianap & Louisville— Ref M g 6s 1947 series A J&J 10% Ref M g 5s 1947 series B—J&J 9 Ref M g 4s 1947 series O—J&J / 8 1st & gen 5s 1966 series A.M&N / 3% 1st & gen 6s May *66 ser B. J&J / 3% 95 Equip tr ser E 1939-1944-A&0 Called May I at 4.75% Eq trust 2%s 1940-52 .A&O ) Cin Northern RR 1st 4s 1951-J&J J 5s series V 1939 J&J 6 11.50 4%s series W 1939-1940 A&O b 1)1.25 1.50 4%s 1939-1945 M&N & * 5.50 87 M&N Ask Nor Div 1st g 4s 1948 A&O Edmonton Dunvegan & British Columbia Ry 4%s 1944.-A&O Elgin Jol & East 5s 1941—-M&N 5a stamped b Cinn & Muskingum Valley— 1st 4s 1948 F&A Cinn New Orl & Tex Pacific Ry— 98% J&J Equipment trusts— 57" 120 % notes, 1940— 6 5% 2% 93% 76 105 J&J 1941.......-J&J 1942 -J&J 1943 J&J 1944 ....—J&J 1945.....—J&J notes. 3.00% 32 Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— General 4%s gold 1992—M&S Ref & imtp 3%s D 1990—M&N Ref & .mpt 3 %s ser E 1998 F&A Ref & impt 3%s ser F 1963 J&D 5% Chicago Union Station— 1st ref 4s g guar 1949 F&A 1st g guar 4s Oct 11954—A&O Ooli tr 5s ext'd to , 62% 49% Chic Terre Haute & Southeast— 1st & ref g 5s Dec 1 '60 opt J&D Inc mtge 5s Dec 1 I960—-M&S 7 Tt „ 5% 70 Eq tr 4%s 1939-44 -A&O Chicago South Sh & So Bend— Sink fund 3s ser B 1963 J&J Oconee Div 1st 5s 1945——J&D / Cent New Eng 1st gu 4sl901 J&J Central of New Jersey— t Central Pacific— conv 11* East Tenn Va & Geori Consol 1st g 5s 1956. Eastern Ry or Minnesota- Chic St Paul Minn & Omaha i* ' 5% 4% 5% 4% 2% 92% Sec 4%s 1952 ser A— M&S Sec 4% ser A certifofdep. . Ref & gen 5%s 1959 ser B.A&O Ref & gen 5s 1959 ser O—A&O Equ pment trusts— 4%s series P 1940 M&S 4%s series Q 1939-40—M&N UH Ref g 4s 1934 opt to 1911..A&O Certificates of deposit Bid Bonds Ask Bid Chic R I & Pac Ry— General gold 4s 1988......J&J Certificates of deposit 102% 1st 5s 1940 J&J / Cent Branch Union Pacific— Bonds Ask opt......F&A Adj inc up to 5% Feb *57.A&O / 1st M 4%s 1957 conv F&A Huntington & Broad Top Mt RR & Coal extend 68 1940 A&O / Extended 5s 1940—.——A&O / 1.25 ,53" 122 0.75% 95 10 26% 30" 47% 13 47% 13% 49 3 % Illinois Central— 105% W2 75 105% 15 102% 75 jfc Last sale, n Nominal. 1st gold 4s 1951 J&J 1st gold 3%s 1951 —J&J 1st extended g 3%s 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 liens 1st g 3%s 1952—J&J 86 83 83 85 75 45* 49 46 50 41 43% «!) RAILROAD BONDS MAY, 1939] NOTICE—All bond prlcoa art "and interest" except where marked Mf" and Income and defaultsd bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds 45% 47% 51 40-year 4%s Aug 1 1966.F&A 40% 52% 40% 83% „ Carlo 73 Bridge 4s g 1950—J&D 90 70 Litch Div1st g 38 1951—J&J Louisv Div 3%s g 1953—J&J Omaha Div 1st 3s g 1951..F&A St Louis Div g 3s 1951 J&J 59% 75% 85 Gold 3%s 1951 -J&J Sp'field Div ext 3%s 1951 J&J Western lines g 4s 1951..F&A Equipment trusts— 3s ser R, 1939-1952 M&S 4%sser K, 1939 F&A 4Mb ser L, 1939-1940--A&O isserM, 1930-1941.-M&N s ser N, 1939-1941—A&O ]s ser O, 1939-1942—-J&J _,£s ser P, 1940-1944--A&O 4s ser Q, 1939-1944—F&A 75 63" 2.00 2.50 2.50 2.65 3.00 3.00 111 Cent RR Co & Chic St L & N O RR jt 5s, A, 1963—J&D 45 40 4Mb series C, 1963 J&D Indiana Bloomington & Western— 1st ext 4s 1940 A&O 2.50% 1.00% 1.00% 1.50% 1.50% 1.75% 2.00% 2.00% 45% 41% 95 Indiana Harbor Belt RR— J&J .J&J Genl mtge 4s 1957 Gen mtge 414s 1957 102 J&J 55 Indiana Illinois & Iowa— 1st gold 4s 1950 108 70 Indianapolis & Louisville— 1st guar 4s -J&J f 1956 6% 20 Indianapolis Union— B *86 M&S Internat-Great North Ry— 1st M g 6s 1952 series A...J&J Ad] M Gs July 1952 ser A.April 1st M 5s 1956 series B J&J 1st M 5s 1956 ser O J&J Equ pment trusts— 4 %s ser A 1939-1940—J&D 4%s series B 1940-1942-A&O Internet Rys (Central America)— Purch money 5s 1972.....J&J 1st M 5s 1972 opt M&N 1st I & ref 6 %s 1947 F&A 103 Debenture 4s 1961 ..J&D Iowa Central 5s ctfs 1938—J&D 56 Ref &lmp M 3%sser 104% 4.00 4.00 10 2% 15 17 3.00% 3.00% 72 82 5% 1% 92% 2 40 Assent cash warrant and 68 New Eng cons 4s 1945 gu J&J / Consol g 5s July 1 1945 J&J / New Haven & Northampton 99 50-year 1st 5s 1983 - - - - „ 1st 4s 1959—-—--—M&S Jackson Lansing & Saginaw 62 1951—-M&S 67 Joliet & Northern Indiana— 1st 4s 1957 J&J Kalamazoo & South Haven—■ ■ 64 M&N 99 N Non-cum inc 5s *35 70 1st 5s 1954 series B Certificates of deposit 1st M 5%s 1954 series A..A&O Equip trust 4%s Newport & Cincinnati Bridge— 1st M g 4%s 1945 guar J&J Newport & Richfor Is 5s 1941 1st ext I 17% 103 . 104 Mil 60 12% 99 100% 105 65 85% Ref g 4s 1936 guar ..A&O Certificates of deposit - 24 25% 23% 24 K C Mem & Bir 4s 1934 M&S Income 5s Mar 1934 Sept 1 Kan City Sou—1st g 3s 1950 A&O Ref & Impt 6s Apr 11950. .J&J 70 Ref g 3%s July 1 41 67 58 Eq tr 3s F Jan 1 1940 1943-. Kansas City Terminal Ry 1st g 4s 1960 opt 1930 J&J Kansas Oklahoma & Gulf— 1st M 5s 1978 J&J 2.75 26 68% 61% 2.00% 109 90 92 103 Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 4%s 1961 (sterling).J&J 106 Acer lnt at exch rate 4.8665.. 92% 79% Stmpd accr lnt at rate 4.8665.. Plain 1961 J&J 1st mtge 4%s ungar 1961 Lake Erie & Western RR 55 55 90 95 1st mtge 5s ext at 3 % to'47 J&J 74 2d 6s 1941 J&J 67% 84% 85 65 55 63 " 1st 1st 10 75% 42% 87% 105 45% 68 Con M 6s ann irred—-...J&D Con M 4%s ann Irred J&D Gen cons gold 4s 2003 M&N 4s assented 2003 Gen cod gol<i 4%a 2003.-M&N 69% 11% 58 62 14% 13% 14% 14% 4%s assented 2003 Oen con gold fis 2003-...M&N 15% 14% 15% Lehigh Valley Ry of New York 1st 4%s gold 1940 J&J 4%s assented 1940 Lehlgb Vail Term 5s 1941—A&O 43 47% 60 53 45 Lehlgb & N V 1st 4s 1945..M&8 56" 30 5s assented 1941 32 113% 120 62 100% 68 4%s Sept 15 1939 4 %s 1939-1945 5% 2% 2% 1% 2 1st ref 03 1946 series A__ 102% 65 A* 40 104 70 f 18% 18% 8% o 4.00 / 63 19% Secured 5s 1938— M&S / Eq tr 4s 1940-1943— M&S b Eq 4%s 1940-1942 (yr)..J&J15 6 Montgom Div g 5s 1947..F&A / Oonsol gold 3%s 2002—.M&S Monon Coal—See Chic Ind & Lou 20% 14% 14 14 14 14" "2% M&S 104% F&A 3-yr 6s ext'd notes 1941-..A&O Equipment trusts— 2%s 1940-1947 M&S n* 3s 1939-1951 J&J 4s 1939-1949 M&S New York Connecting RR— 1st M 4%s 1953 series A..F&A 1st guar 5s 1953 series B F&A New York & Erie RR— 1st 4s ext g 1947 M&N 2d ext 5s 1939— M&S 4.00 99 2.75 ISS* 107 ..M&S 85 73 40 1st & ref 4s ser A 1973—.M&N 1st & ref 4 %s 1973 ser B..M&N New York & Long Branch— General gold 4s 1941 M&S General 1st 5s 1941 .M&S NY & NE Bos Ter 4s 1939—A&O N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv—J&J15 Deb 4s May 11957 M&N Deb 4s July 1 '55 non-conv J&J Deb 4s 1956 non-conv...M&N Deb 4s 1947 non-conv...M&S Deb 3%s March 1947....M&S Deb 3%s 1954 non-con v.. A&O Deb 3%s 1956 conv J&J 15-year secured 6s 1940—.A&O J&D 1st & ref 4%s 1967 40 50 45 w* 75 40 12% 4% 10% 10% i« 11* 16 12% 4%s 1939-1946 4.50 4.75 47 40 "p 70 J&J 5s Har Rlv & Pt Ohes 4s '54 M&N NYANJ Ferry 5s 1946 J&J New York Ontario & Western Ref 1st g 4s June 1992 M&S Gen M g 4s 1955 red J&D 6 3% N Y Pennsylvania & Ohio— Prior Hen ext 4%s. 1950. .M&S 21 115 Gen 6s 1955 .A&O Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S Montauk Ext 1st 5s 1945 J&J A&O M&S 4.25 50 Monongahela Ry Co— 1st mtge 4s ser A 1960—.M&N 2.50 75 4.50 38 Monongahela Sou 5s 1955—A&O 1.25 1.25 2.50 4 %s 9-15-39 to 3-15-45 M&S 15 48% 4.50 95 2.00% 13% 4.50 59" Equip.trusts 3s 1939-1951 M&S 27% 3.50% 3.50% 19% 21 79 22% 48 3% 85 91% 88 21 9% 2.75% 49 , 83% 83% 83% 3.75 2.75% 81% 2.50% • 68 M&S,/ Mohawk & Malone— 1st guar g 4s 1991 Ref 5%s 1974 ser A 73% 59% 13 64 M&S / 16 75 100 52% .J&J M&N 2%s Mar 151940-1952 „ 3.75 J&J J&J 75 4.00 109 M&N 15 3.00 M&S N Y Chicago & St Louis— 1st 3%s extend 1947....A&O Guarg 5s 1946 38% 3 Mobile & Birmingham— Prior lien 5s. 1945 ......J&J 14 24" 22 N Y & Har 1st g 3%s 2000—M&N N Y & Hob Fy 5s May 1946-J&D N Y Lack & Western— 13% 12% 13% 12% 13% 12% 13% 12% 13% 12% 2% Oonvg 5%s 1949 ser A...M&N 61 27" 22% 19% 38 1st & ref 5s 1980 ser H A&O Certificates of deposit.. 1st & ref 5s 1981 ser I F&A Certificates of deposit...... J&J 24 3d mtge 4%s 1938 N Y & Greenwood Lake 65 22 Adj M 5s Jan 1967 ser A..A&O Eq tr 2%s 1940-1952 F&A Mo Kan & Tex (old company)— 1st gold 4s 1990— J&D Mo Pacific_RR (neve 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.. 61% 20 53% 53% Missouri-Kansas-Texas RR Prior lien 5s 1962 ser A....J&J Prior lien 4s 1962 ser B J&J Prior Hen 4%s 1978 ser D.J&J Long Dock cons 3%s 1950—A&O Long Island— Unified g 4s. 1949 —M&S Refunding mtge 4s 1949..M&S 4s stamped 1949 M&S Equip tr 4%s 1941-45 (yr).F&A 88 3% 66% 1% 2% J&J 25-year 5%s 1949— M&S Minn Terminal 1st 3 %s '50. .J&J Minn Transfer Ry 3%a 1956.J&O Missouri Illinois Bridge and Belt RR cons 4s 1951.. J&J Mo-Iliinois RR 1st 5s 1959..J&J Mo Kans & Okla 5s 1942...M&S 5s small 1945 Gen M g 4s 1945.— 4s small 1945™ Mobile & OhioGen gold 4s. 1938 Ref & oly» 33 30 J&J 5%s 1978 ser B 6% 5% 5%. 4% 6% J&D J&D 1939 Ref 4%s 1978 ser C 10-yr 6s coil tr 4s 1940 63 gold 4s 1938 gold 5s 1938 Impt 4%s 1977 106 Louisiana & Ark 5s A 1969 J&J 81 3.50 Equip trust 3%s to 1946..A&O Louisiana & North West RR— 1st M gold 5s 1935 A&O f 18% Louisville Henderson & St Louis— K 1st mtge gold 5s 1946. 104 J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945..M&S 108 5s 5 Secured 5%s 1939-1956—-J&D Equip trust 5s 1940(yr)...M&S Eq tr 4 %s '39 *44 F (yr). .M&N Mo Pac (old)—Gen 4s 1975.M&S 3d ext 4s July 11938 ..M&N 15 6s assented 2003 f / / / 11 29% 65 J&J. cons J&J / 1st cons 5s 1938 gu int....J&J 2d M gold 4s guar 1949—_J&J cons 3%s 1959 N Y Cent equip trusts— 28 compangr)-^ / 105 103 28 1997-.J&J Spuyten Duyvil & Pt Morris Sparta & NW 1st 4s 1947M&S /. 1st ref 108% 60 26% ^ Minn St P & Sault Ste Marie— 65 f 1946..A&O Deb 4s 1942 tax-exempt—J&J Ref & ref 4 %8 ser A 2013—A&O L S coU tr g 3%s 1998 F&A M C coll tr g 3%s 1998— .F&A 25% / 4%% to J&D / Minneapolis & St Louis— 1st 7s '27 ext at 6% 1932—J&D 5s ctfs of deposit 1934 M&N 1st refdg gold 4s 1949 M&S Ref & ext 5s Feb *62 ser A.Q-F Certificates of deposit Minneapolis Northfield& Southern Ry 1st 6s '41 M&S sec s 3 %s conv secured 1952. M&N New York Central & Hud RIv— 27 Mil&State Line 1st 3 %s 1941. J&J Kalamazoo & White Pigeon RR 1st gold 5s 1940J&J Kanawha Br & Ter 5s 1948.A&0 Kana & Mich 1st 4s 1990— A&O Kan City Ft Scott & Memphis 95 50 57 impt 5a 2013 O.—.A&O 37 f 1934 (1884).. 67% 13% 48 53 Ref & 10-year 3%s —A&O at 1 New York Central RR— Cons mtge 4s 1998 ser A..F&A 19 9% 58% J&D / 4%s 1939 8 Ref & impt 4 %s 2013 A... A&O 99% 55 J— Con ext 4%s 1939 6s 1913 ext A—A&O A&O — 96% J&J 1943 A&O Adj M Apr 1 *53 ser A Sept / Adj 5s series B 1953 Sept..... / 50 ser Certificates of deposit 1st 5s 1956 series O F&A 1st M 4%s 1956series D..F&A Michigan Air Line— of J&J Income deb 5s 2032 J&J / New Orl & Nor East 6s 1915 Extended at 6% 1940——M&N Ref & impt 4%s 52 ser A—J&J New Orl Term 1st 4s 1953 J&J New Orleans Texas & Mexico— 66 5% to 1940 12 75 75% 94% ext at J&D % 31% 16% 20 New Lon Nor 1st 4s 1940 J&J New Orleans Great Northern- 42 50 1st 5s 1939— Ref cons 4s 1950 % N J June 1st 4s gu 1986....F&A N J & N Y 1st ext 5s 1950-M&S General 5s Jan 1 1938 20 % % % Michigan Central— Ref & Impt 4 %s 1979 ser C_ J&J 1st gold 3%s 1952 M&N Grand River Valley— 1951 v / M&N f receipt No 4 on Naugatuck 1st 4s 1954 _ 1 scrip 3.50% 80 1977-- / coupon 3.50% 130% 88% 111 4s Sept 1914 coupon off 1977— £ 4s Asst(cash warr & coup) .1977 / Cons 1st os June 1 1944... J&D K&l & Sou Haven—See Mich Cent 1st gold 4s 1939 guar April 1914 63 1st g gu 5s Nov 1 1959—M&N Meridian Term 4s *55 guar.M&N Mexican International— 3%s Sept 1 / off..1951 / 51 — 1 4s(Apr 1914 coupon on) 73% b 1st con 71% 46% Milwaukee & Northern— Joplln Union Depot Co— 1st g 4%b 1940 guar opt.M&N Lex & East'n 1st gu 5s 1965..A&O Lincoln Park & Charlotte— 6s 1939 —J&J Lltchf & Madis 1st 5s 1959.M&N Little Miami guar 4s 1962—M&N Little Rock & Hot Spr West Ry— 1st _ Midland Valley 5s 101 104 Prior Hen 4%s assent cash warr't & scrip ret No 4 on '26 / 62% 4.25 Equipment trust 5s —— b 4.25 Equipment trust 6%s-_. —... 1288laj Manila RR 8ou Lines 4s '39.M&N 70 1st 4s extend 1959 M&N Manitowoc Green Bay & Western 8% 1st gtd 3%s 1941—-----J&J f 38 Maryland & Pa 1st g 4s '51 -M&S 31 1st cons A 6s 1903———-A&O M'shfield & S'east—See Wis Cent Memphis Union Station Co— Midland 100% National RR of Mexico- 1951.... _ 104% scrip receipt No Hbpn 1977. / 69% 61 1st mtge & coll 4s ser A 45 J&D Conv gen 4%s ser A 1960-J&D Secured 6s 1959 1st ser..J&J (Foreign series) 1960 6s July 1 1967 Jamestown Frank & Clearfield— 1st g 4s 1959 guar.. J&D Joliet & Nor Ind See Mich Cent Cong g ref 3 %s 1997 J&D Leamington & St Clair 4s *45 A&O Lehigh & Lake Erie 4%s '57.M&S Lehigh & New England— 1st M gold 5s 1945—.....J&J mtge 4s ser A 1905—.A&n Equip * 4%s G1939-45—M&N Leiiiau v alley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh Valley— 1st gold 4s 1948.......... J&D Assent cash warrant and 66% 89 _ 1957. Gtd gen s f 4s (Apr '14 coup on) 98 103 J&J 1st 4s 1940 , Assent cash warrant and scrip receipt No 4 on J&J (J, 1957.... April 1914 coupon off 1977— Middlesex Val 1st 5s 1942..M&N. Midi RR 4% franc bonds Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— 1st 5s July 1 1939— 1st & gen 5s 1967. J&J Ret & ext 5s B 1967J&J . 100"" '52 gu J&D Macon Dublin & Savannah— . 3.00 July 1914 coupon on 1957... July 1914 coupon off 1957... 86% Ry Joint Monon coll J&J Maine Central— Jan 1914 coupon on ,75% 68 M&S Eq tr 2%* 1940-1952 National Rys of Mexico— Prior Hen 4%s— 104% gold 4s. 1952—— "6% . 94 A&O L & N Term 1st g 4s 1st 5s 1947 Macon Terminal 5s 1965 Nashville Chattanooga & St L— 1st M 4s 1978 ser A F&A 86% 84% Louisville & Nashville—Atl K & Oin Div 4s 1955. -M&N Pad & Mem Div 1st 4s '46.F&A South East & St Louis Div— 2d mtge 3s 1980 —M&S Mob & Mont 4%s 1945—M&S 78 78% 92% - Bonds 100 90% 1st & ref 4%s 2003 ser 1st & ref 4s ser 1st & ref 3 % s ser E 2003. Bid Ask -J&J B——A&O O..A&O D 2003—A&O 1st & ref 5s 2003 ser 4s Sept 1914 coupon on 9% 2% 7% 7% 1st & ref g 4s 1951 ....M&S Jacksonville Gainesville & Gulf Ry 1st 5s 1951. —.A&O / Lake Shore & Mich South Louisville & Nashville— Unified gold 4s 1940 Southern 3.00 1.25 Bid Bonds Ask Illinois Central—(Concluded) Collateral trust 4s 1953 M&N Ref xntge 5s 1955... MAN 120 105% 81 New York Phila & NorfolkStock trust ctfs 4s 1948.—J&D 95% N Y Prov & Bos 4s 1942 52 A&O / N Y & Putnam 1st 4s g 1993.A&O 44 N Y Short Line 4s 1957 F&A 100 NY& Stamford 4s 1958—M&N 35 N Y Susq & Western— 1st refunding 5s 1937.....J&J 2d mtge 4 %s 1937 F&A Gen mtge. 5s g 1940.....F&A Term 1st g 5s 1943 .M&N N Y Westchester & Bos Ry— 1st M g 4%s 1946 guar J&J Nord Ry s f 6%« 1950 -A&O Norfolk & Car 2nd 5s 1946-J&J Norfolk Southern— 1st & ref g 5s '61 opt 40 85 *15—F&A Certificates of deposit...— Norf & South 1st 5s 1941.M&N 16% 6% 6% 37 7 104% 9% 8% Called Oct. 1 at 102. b Basis. 108% 41 IS* 1st gen g 5s 1954 opt J&J Norfolk Term 1st gu 4s 1961M&N 102 Oonstr'o 4%s 1955 ser B.M&N * 103 39 40% Norf Transp 5s '48F&A 114 /Price includes accrued interest, k Last sale, n Nominal. & 19% 7% 7% 39% 2 Montour RR 1st 5s 1963...F&A Morris & Essex 3 %s 2000—J&D Constr'n 5s 1955 ser A...M&N Term 101 93 Montgomery & Erie 1st 5s 1958.. / 46% 96% 50" 1045»j 106 30 82 10% 59 25" 33 RAILROAD 70 BONDS NOTICE—All bond price* ate "and Interest" except where marked Quotations for all securities are as near as possible for the closing day of Bid '96-A&0 Norf & W Ry 1st con 4s Norrlst'n & Maine 1st 4s 52 M&S Nor Cent 5s 1974 ser A----M&S Gen & ref g 4A£sser A 74.M&S Northern Ohio Ry 1st guar 5s— ' Ask 120 J* Bonds 120J* Prior lien g 385* Eq tr 4s 1939-1949 - Eq tr 25*8 1940-1947 - - - -J&J M&S —-J&J 1939-19- 6 Nor RR of N J gten 4 Me12000. J&J North Pennsylvania RR— Gen g 3 3-10s 1953—- ——J&D N'western Term Co 5s 1948-F&A N'western Term RR 5s Apr 1977Norwlch & Worcester 4 5*8 47M&S Ogdensburg & Lake Champlain— 1st guar g 4s 1948. J&J 4s stamped 1948--. — -J&J Ohio Connecting 4s 1943M&S Ohio & Little Kanawha5s 5CM&S Old Colony RR 4s 1938----J&J 1st M 5 Ms 1944 F&A 1st M 5b 1945 series B J&D 1st M 4Mb 1950series CL—J&J Ore RR & Nav cons 4s 1946. J&D Ore Short Line 1st 5s 1946.-J&J 1st cons guar 5s 1946——J&J Oregon-Wash RR & Nav— 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 43*s 1938. A&O St Louis City real est 5s '38 J&J Paducah & 111 1st 4Mb 465* 56 51 b 1.50 2.50 b 2.50 / 78 27 5* f / / Equipment trusts— 43*sseries C1939 i 4 3*s series D 1940-1941 4s series E . 6 108 27 / / / / 6 6 6 6 109 7 7 7 7 115 1093* 1173* 1165$ 118 1055* 1055$ 64 1 J * 75 62 1005* 24 10 20 42 1005* 1005* 1015* 1025$ 1025* 1005* 705$ 102 103 735$ 72 75 73 76 92 965* 96 1085* 1105* 1115* 1105* 112 1175* 975* 1175* 975* 1045$ 945* 945* 935* 935* 82 83 82 83 4.50 795* 3.20% 1.00 0.75% 785* ^ A&O M&N 102 104 2.60 2.00% 1939-1950-J&D 1940-1952 M&N 2.50 2.00% 2.00% 1940--A&O Apr 1 Peoria & Pekln Union Ry— 1 1st g 5 Hs 1974 series A F&A Peoria Ry Ter 4s 1937 gu op. J&J Pere Marquette Ry— 1st g 6s July 1956 ser A—J&J 1st g 4s July 1956 ser B—J&J 1st 4Mb 1980 ser C M&P Equip tr 4 3*s 1939-45 M&N Equip tr 2 3*s 1940-47 M&N Equip trust- 2Mb 1939-46.. J&J Perklomen RR ext 3 Mb 1951.J&J 2.50 425* 35* East cons 4s 2d cons Inc 4s 1990 106 455* 625* 49 45$ 1065* 485$ 645* 57 55 " 595* 3.00 2.75 2.50% 2.25% 2.75 2.25% 85 M&N 98 995$ M&N A&O F&A C.. J&J 109 1095$ Phila & Bait Cent 4s 1951 Phila Bait & Washington— 1st gold 4s 1943 Gen 4s April 1 1960 Gen 5s 1974 series B Gen M 4Mb 1977 ser Oen 4t<s aerie* D 1981 .J&D Phila & Chester Val 4s 1948. A&O Phila Newton & N Y 3s 1942 A&O 103 1105* 105 1125* 107.5* 105 107 87 93 Phila & Reading RR—See "Readl ngCo." 8 Philippine Ry 1st 4s 1937—J&J Piedmont &Northern3 3*s '66 J&O Pitts Bessemer & Lake Erie— Cons gold 5s 1947 J&J Pitts Cin Chic & St Louis— Con g gu 4Mb ser A 1940-A&O 4 Mb series B A&O 1942 45*8 series C 1942— M&N 3Ma series E 1055* 1085* 4s series F 1055* Q<i 95 J&D 1953 M&N F&A 45*s series I 1963 4Mb series J 1964 F&A M&N 115 Gen M 5s 1970 ser A J&D Gen M 5s 1975 ser B A&O Gen M 4Mb 1977 ser C—.J&J Pitts Shawmut & Northern— 110 1145* 1025* 103 5* 945* 5 6% receivers' ctfs 1927 F&A f Pgh & Shawmut 5s 1959 J&D f 38 Pills fhersrpo & laleErie—J 116 1st gold 5s 1940 A& 116 Cons 1st g 5s July 1 1943._Jfl 21 Pgh Term RR & Coal 5s '42__J& Pitts Va & Char gu 4s 1943.M 1075-$ 37 Pitts & West Va Ry 4Ms '58A J&D 37 1st M4Hs 1959 ser B A&O 373* 1st M 4Mb 1960 ser C A&O 5.00 Eq tr 35*s Apr 1 1939-1946 1b b 5.00 Eq tr 2Mb 1940-1946 J&D] * Called Sept. 1 at 100. 5s 1931 J&J Ral & Gaston 1st 5s g 1947—J&J b Basis. 104 955* 6 —— 40 423* 413* 415$ 545$ 50-year 45$s 1981 45*s 1969 with warr 10-yr secured 35*s 1946 Equipment trusts— 983* 80 5s series { I ser - - 1.75 125$ 1025$ ■ A&O J&J w — 107 'C 43 "25* 25* 33 175$ St Clair Maa & St Louis Belt— Alton Bridge iRt g 4s *51.-J&J 8 9 75 5 6 128 St Jos & Grand Island 4s '47-J&J St Lawr & Adirond 5s 1996--J&J 1075$ 34 30 935$ 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 45*s 1978 ser A M&S Certificates of deposit stpd. Equipment trusts— 45*s series BB 1940-41 _F&Alt 90 45$s series CG 1939-44—J&D b Aiken Branch 4s 1998 J&J 1st Mem Div g 5s 1996 J&J St Louis Div 1st g 4s 1951 .J&J 55 43 63 12 14 8 9 75$ 85$ 73* 85$ 85$ ? 45*s series DD 1940-45.A&O & St Louis 4.60 4.60 9 A&O 99 37 Tavares & Gulf RR 1st extend 3s 1948 2d 58 Dec 1 2000 Gen & ref 58 1977 5 F&A 1.50% 3.25% 3.25% 75$ 55* J&J 965$ 975$ J&J 1145$ 1155* Salt Lake City Union Depot and RR 1st 5s 1938. —M&N Salt Lake & Ogden 5s 1934 15" 20 San Antonio & Aransas Pass— 1 st guar g 4s 1943 J&J 50 55 San Fran & San Joaquin Val— 1st g 5s Oct 1 1940 A&O 106 os 1972. 965$ San Fran Term 1st 4s 1950.-A&O Santa Fe Prescott & Phoenix— 1st g 5s 1942 845* Schuylkill & Leh 1st 4s '48.M&N 9 845* M&S 5% secured notes 1931 2?* 35* 35* 55* 55* / I _ J&J / 3 45$ 6 55$ 1963 A&O Bridge Co— 1st M g 4s 1951---M&N South Indiana 1st g 4s 1951 -F&A gug 5s Southern 111 & Mo _ B 1939-43 116 97 102 Tol 1005* 2.50 1st mtge 4s ser B 1967 J&J Toledo St Louis & Western— 1st gold 4s April 1 1950—A&O Tol Term 1st 45*a *57 gu M&N 77 25* 23* 40 63 96 975* 57 107 108" 105 107 1st gold 4s June 1 1946--. J&D Consol M 45*8 1966 ser A.F&A Transylvania RR 1st 5s 1956-J&J Tulsa Uu Dep 1st 4V*b '6ft_.J,$*J Onion Depot (Columbus, Ohio)' Gen 43*8 1946 J&J 983* 100 77 72 35 100 102 dDion Pacific— 1123* 1125-$ 963* 965$ 107 35-year 3 Mb debs 1971—M&N 34-year 3 3*s debs 1970 A&O Eq tr 25*8 ser E 1939-52.-J&J Eq 45*s Sept 15 1939.—M&S15 Union RR (Penn) 1st 5s '46.M&S 1133-$ 97 109 M&S 1135* 10734 112 Deb 6s 1946 Union Terminal Co (Dallas)— 1st mtge 35*s 1967 F&A United N J RR & Canal Co— M&S M&S M&S F&A M&S Feb 1 1973 Gen 1st g 35*s 1951 Utica Clin & Bing 5s 1939—J&J Vandalia RR 4s 1955 ser A..F&A Series B 1957 M&N 2.40 1.00 975$ 1.75% 0.50% 985$ 117 110 109 112 117 106 983* 100 i 1095* 105"" Yera Cruz & Pacific RR— J&J / July 1914 coupon off—-J&J / Cash war &scriprct No. 5 on ; Vermont Vail lst45*s 1940--A&O 5$ 1st gtg g 4 3*s 1934 93 72 — 22 1st _ 13 11 s f 4-6s 1968 65 70 44 395$ 4.25% 4.25% n 64 5$ 64 ► M&S 13* t 62 M&S / 64 M 21 M&S Yicksburg Shreveport & Pacific— 96 Pr lien 6s '15 ext 5% '40--M&N 85 Gen 5s May 1 1941 M&N 75 ref & impt 5s 1973 M&N 55 Ya & Southwest 5s 2003 .J&J 54 1st cons g 5s 1958 A&O 1065* Virginian Ry 3 5*s A 1966-.M&S 1.50 Eq tr 43*s 1939-1940 (yr)-J&J 1st M 40 h 1 655* * Yicksburg Bridge & Term Co— s f 6s Debenture 1135$ 1 H Vicksburg Bridge Co— 44 42 45 k Last sale, 90 855$ Waihoudlng Valley & Ohio— 1st g gu 4s 1942 ser O M&S Toronto Hamilton & Buffalo— 12 35 88 2.75 2.50 2.65 Ref & imp M 3 5*s ser A *60 J&D St Mary^j Div 1st 4s 1951F&A Toledo Peoria & Western RR— 1st 43*s 23* 803* 1005$ 2.00 J&D M&N Toledo Canada Southern & Det— 1st 4s 1956 J&J Toledo & Ohio Central— 17 25* 80 1.00% 1.50% 2.00% 2.00% 2.00% 2.00% 2.25% M&N Tex Pac-Mo Pac Term RR— 1st M g 55*8 1964 M&S 97 40 / This price includes accrued interest, \ ser 45*sser CI 939-44 2 5*s ser D 1939-52 94 90 cons 114 2.50 O-.A&O D 1st 45*8 Sept 1 1979 General gold 4s 1944 1st 4s Sept 1 1948 70 Sioux City & Pac 3 5*s 1930—F&A / Somerset Ry 1st & ref 4s '55 J&J 1st M 4s July 2 1950 J&J 83 Mr 845i M&N 585$ 5s '48-A&O 106 1.50 B...A&G ser ser 57 Shamokin Sun bury & Lewisb'g— 2d ext'd 5s 1945 J&J Shrev Bdg & Ter 5s '55 gu F&A 107 104 45*s ser HH 1939-40—M&S 43*s ser JJ 1940-42 A&O 45$sser A1940-43 F&A 4 5 4 F&A 115 1143* 1003* 1st ry & land gr 4s « 1947--J&J 1st & ref 4s June 2008 M&S 95* 165* 10 A&O F&A A&O J&D Ann Mar ser 5s series GG 1939 110 115 Stamped Adj mtge 5s Oct 1 1949 Ref gold 4s 1959 opt 10 10119m Equipment trusts— 70 Scioto Val & N E 1st 4s 1989M&N Seaboard Air Line Ry Co— 1st gold 4s 1950 A&O 35 1st & ref 5s June 2 2008—M&S 1085$ M&S 94 A'?. J&D 4s 8t Paul Minn & Manitoba— 1st & re.' *10-J&J 40 91 7858 793* 785-$ Gen & ref 5s 1980 17 72 1st guar 45$s 1941 f g 4s *53 opt Gen & ref 5s 1979 87 Pacific ext 1st 4s £ 1940 8t Paul Union Depot— s 4 Texas & New Orl 5s 1943—-J&J Texas & Pacific Ry— 115* 35$ M&S f Term RR Assn (St Louis)— 1st gold 45*s 1939 A&O 1st consol gold 58 1944—.F&A 4.00% 4.00% 4.00% 1658 83* J&D 13 43 Tampa & Gulf Coast g 5s'53.A&0 Tampa & Northern RR 5s (stamped 3s) 1936 J&J Tampa Union Sta 5s 1940..M&N Tampa Un Term 4-65*8 *53—J&J 1st gold 5s 2000 J&J J&J J&J Mortgage 4s Dec 1 1990—J&D St Paul East Gr Tr 4 5*8 *47.-J&J St Paul & Kansas City Short Line 20 18 30 4.25 1005$ 145$ 85 lo" 27 St Paui & Duluth— 1st consol g 4s 1968 65 15 60 4.25 79 553* Texas City Term 6s 1941-J&J '26 58 2.50 50 75 1989 Terre Haute & Peor 5s 1942-M&S Texarkana & Ft Smith— 1st M 55*8 1950 guar F&A M&N Equipment trusts— 55*s series I 1939 M&S,,. 5s series J 1939-1940.__M&S & 45$s series K 1939-1945-J&J 2.50 47 60 38 Southwestern— 1st g 4s 1989 2d g inc 4s Nov 1989 1st term & unif 5s 1952 Gen & ref 5s ser A 1990 3.50 2.50 J&D - 4s series CC 1939-1943-M&N 2.50 70 1st 4s 1995 J&J 100 Spokane Falls & Nor 6s 1939.J&J 12 5$ Spok Internat 1st g 5s 1955-J&J / Stark Elec RR 1st 7s 1952—J&D / 16 Staten Isld Ry 45*s 1943.J&D 1025* Stephenville Nor & Sou Texas— 1st M guar g 5s 1940-1 12 J&J f Sturgis Goshen & St Louis Ry— 9 8 2.50 3.50 3.50 3.50 Spartanburg Union & Columbia— Gen ref 545$ 4.60 b 4s series BB 1940-1943.M&S b Berwick RR 5s 1952 "65* St Clair Term RR 5s 1950—M&S St Johns & L Cham 5s 1944.M&S 63 A&O b con 5s 1952...J&J Sullivan Co RR 6s 1944 A&O 7 6 815* 465$ 613* 643* Susquehanna Bloomsburg & 78 2d gold 6s 1996 A&O St Louis City see Pac of Mo 8t Louis Iron Mt & Sou— Riv & Gulf Divs 4s 1933-M&N / gen 1st 3s Dec 1 Suffolk & Car 43* 6 59 805* 453* 605* J&J M g 4s '56. A&O 6s 1956 A&O 6 Mb 1956.-A&O 4 5$s series Z 1939. ~ 15* 15* 32 163* 60 585* Equipment trusts— 99" 72 J&J / J&J / / J& / gen gen 45*s series AA 1939-41 .A&O 106 52 A&O 1st consol g 5s 1994 1033* 1043* Rock Island Ark & Louisiana— 1st guar 4 J*s 1934 M&S / 1949 Railway— Develop & Develop & Develop & 1023* 102 J&D 5s 1939—J&D / Rio Gr So 1st g 4s 1940 J&J / 1st g 4s guar 1940 J&J / Rio Gr West 1st 4s 1939 J&J / / 1st coll tr 4s 1949 53*s Stamped (Fed tax) 1955.J&J / Southern 2.00% 1.00% 40 Rio Gr June 1st gu 1.50% 2.00 2.00 series L 1939-1944.J&D series M 1939-1945M&N series N 1939-1951 M&N Ferries) 1st ' Rich-Washington 4s 1943 2.00 1.50 2.00 Pacific Fruit Express— Eq 5s 1939-1941 D (yr).A&0 b Southern Pacific (Golden Gate 1023* Rich & Petersburg 4 5*s 1940 A&O Richmond Term 1st 5s 1952_J&J 2.00 3.10 1.00% 1.00%, 1.00% 1.00% 1.00% 1.00% 2.50% 1.50 :__M&N series II 1939-1940.J&D series J 1939-1942..J&J 1938. Southern Pacific RR Co.— 1st ref g 4s 1955 opt 1910—J&J 59 94 Fredericksburg & Potomac— 4s stamped 1949 con 45$s 1941 45*8 stamped 1941- 52 99 Cons mtge 45$s 1940 A&O Rich & Mecklenb'g 4s 1948-M&N Rutland 78 103 1025* 525$ ...J&D F Ask 40 3* 403* J&J M&N 45*s 45$s 45*s 45$s 2 5*s - 50 102 M&N 5s series G 1939 - 25$ 48 73 H 2.60 B.J&J Delaware River Terminal 1st 5s 1941. .M&N Rensselaer & Sara 6s 1941-.M&N Gen 108 46 46 97 973* South Bound RR 1st 5s 1941 A&O / South & North Alabama— 28" 38 45 3* 41 - 73 Eq 4Mb 1939-*45 (s-a)—M&N Equipment trust 5s Philadelphia & Reading RR— Imp M ext g 48 1947 A&O Extended 45*s Oct 1 1943— Term 5s g gu May 1 *41 Q&F Seacoast RR prior lien 1035$ - 88 10 Raleigh & S'port Ry 5s *65—J&D J 100 Reading Belt 1st 4s 1950 M&S Reading Company— 565$ Jer Cent 4s 1951 opt'06.-A&O 745* Gen & ref 45*s 1997 ser A__J&J Seab-All Florida Ry— 6s ser A ctfs of d< fiosit 6s ser B ctfs of deposit Seaboard & Roanoke 5s 1931 1075* 4s series H 1960 4s series G 1957 93 F&A Receivers ctfs 4s 1940 F&A Atlanta-Birmingnam Div— 1st g 4s May! 1933 M&S f 1055* — 86 Receiver ctfs 3-3 5*s '45 F&A 1949 1st Certificates of deposit 1st & cons 6s 1945 ser A Certificates of denosit 85* 93 1165* M&N 4s series D 1945 915* - Bid Southern Pacific Oo— Coll tr 4s (CP) Aug 1 '49- J&D 1st 4 5$s (Ore Lines) 1977.M&S 40-year 4 5$s i968 M&S , RutI Can 1st g gu 4s 1949 22 104 106 Rock Island-Frisco Term Ry— 1st M 45$s 1957 J&J 60 101M *1001« ----- 983* J&D J&D opt 69 dlO 102 Potomac Val lstgu5sg 1941-J&J 25* Prov Sec deb 4s 1957 gu M&N / / 42 Prov Ter 1st g 4s gu 1956--.M&S > 75 Prov & Wore 1st 4s 1947---A&O Raleigh & Augusta Air Line— L Rich _ 1939-1949—J&J 2 %s series G 2 3*s series H Peor & 63* 4 55$ 1940-1964.J&J 30-yr secured 4s 295$ 80 *42serAM&S15 J „ 83 Bonds 108 106 J&D F&A Portl (Me) Term gu 4s 1961-J&J Guar 5s 1961 J&J Portland & Rumford Fails— 5s 1951 M&N Gen & ref 45*8 1997 29 M&S Pennsylvania Company— •• 28-year secured 4s 1963---F&A Gu tr ctfs g 4s 1952 Gu tr ctfs g 3 Ms 1941 F&A Gu tr ctfs g 3 Mb 1942 J&D Gu tr ctfs g 35*8 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons mtge AM* 1939 A&O Cons mtge 4s 1939 A&O Penn Ohio & Detroit RR— 1st &ref 45$s 1977 ser A.-A&O 1st & ref 4 Ms series B 1981 Pennsylvania RR— Con M 4s gold 1943 M&N Con M 4s gold 1948 M&N 4s stamped 1948 Con M 4 Mb gold 1960 F&A Gen g 4 Ms 1965 J&D Gen g 5s Dec 1 1968 J&D Gen M 4Mb 1981 ser D—A&O Gen M 4Mb ser E 1984—-J&J Deb 4Mb 1970 A&O Gen M 3 Mb ser O 1970—A&O Oonv deb 35*s 1952 rA&Q 2.00% 2.00% 8 6% franc bonds (foreign series) red to 1956 J&D / Paterson Extension 5s 1950.J&D J Paulista Ry 1st 7s 50 5$ 1.00% 1003* b 1955^J&J Paris-Orleans extl 5Ks 1968 755* 423* 525$ 563* 42 A-J&J 2017 ser B_-J& J 2047 ser C... J& I 2047 ser D. - J& J Eq tr 4rHs 1910 (yr)—-M&S15 Ref & imp 6s Ref & imp 5s Ref & Imp 5s 50 745* Q& J — Q&F 1st gen 4s series A 1948 Port Reading lstgu 5s 1941..J&J 49 48 _ 4s Jan 1997 Gen lien g 3s Jan 2047-Ref & imp 4^s 2047 ser Eq_tr 2Mb 405$ Young & Ashtabula— 1st M 5s 1962 series B 1st gen 5s 1974 series O 1st 45*s series D 1977 50 Apr 1 1935 & sub coups 1945— Oct 1938 and subs coupons—. Ctfs of dep stmpd as to sale or / April 1933 to Oct 1934. 1945 Stamped as to sale of Apr 1 oo / to Apr 1 1938 coupons - Northern Pacific— 98 95 111 10 5M Ask Bid Bonds Pitts "f*" and Income and defaulted bonds the month preceding the date of Issue Nominal. s 1958 665* f 7s 1948 83 ; 60 1073$ 1.00% NOTICE—All bond prices are "and Quotations for all securities are as marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of Issue Interest" except where near as Bonds and Stocks Wabash Railroad Co— 1st gold 5s 1939 Par Bid Camden & Burl Co Bid (guar) -25 (guar)--—100 25 42 K Ask Stocks M&N 35 K 36 Canada Southern 2d gold 5s 1939 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 1724 17 K 18 Canadian Pacific Des M Div 1st g 4s 1939--J&J Toledo & Chic 4s g 1941--M&S Omaha Div. 1st 3 Ks g '41-A&0 Wabash Railway Co— Ref & gen 5Ks 1975 A—M&S 13 ----25 Caro Clinchfield & O (guar)-.100 Catawissa RR—1st pref (guar).50 2d preferred (quar)—— --50 Cayuga & Susq (gu D L & W)_30 41 Central of New Jersey 100 Chattahoochee & Gulf (guar)-100 -* 18 25K 48" — 19 15H Chesapeake Corp 7 7K 12K 11 Certificates of deposit Ref & gen 5s 1976 ser B Certificates of deposit Chesapeake & Ohio common—25 Preferred series A--.-.—--100 624 624 6*4 624 F&A Ref & gen 4 Ks 1978 ser C_ A&O Certificates of deposit Chestnut Hill 9924 5s notes extend 1939-40-F&A 99 5Ks notes ext C '39-'40_J&J 99 5s notes ext ser D '39-'40J&D 99 5s notes ext ser E '39-40J&D 99 98 K 98 K 4Ks ser F 1939-1940. _-J&D 4Ks ser G 1939-1942.._A&0 4Ks ser H 1940-1944 F&A Warren 1st ref k3Ks 2000—F&A Common 25 Washington Central Ry— 1st 4s Mar 1948 Q-Mar Washington Co Ry 1st g guar 3 Kb Jan 1954 opt 1924 J&J Washington & Franklin Ry— 1st extend 424s 1954 J&J Wash Term Co—3Ks 1945--F&A 1st gold 4s 1945 guar -J&D J&D trust 5s Western Ry of Ala 4 Kb '58 A&O Wheeling & Lake Erie BR— Ref mtge. 4s ser D 1966—M&S 1st consol gold 4s 1949 M&S Wheeling Term 4s 1940 F&A White & Black River Valley— 5s 5s & 46 54 76*4 79 84K , 2"00 1.50% 101 106 K 98 1524 1324 3.75% 102 3 5% 27 K 6% 9 76 Erie 8 3 524 524 8K 1524 117 100 50 Atlantic Coast L RR 100 124" K "K 6K 6K 8K 6K 6K 8 11 26 37" 69 73 52 .K 64 69 110 35 22 1724 Baltimore & Ohio common—100 100 50 -100 50 partic pref— Boston & Alb (guar N Y G)..100 common 100 66 5K 6K preferred 100 Piedmont & Northern 47 IK K 43 2K 324 6K o 30 K 32 36 64 68 48 51 66 69 . IK 2K A* 43* 58" 53 60 *52" 148 6* 3 10 2 4 2K 5 12 K 19 13 40 66 11 com .* 1924 100 K 12 2 n* 11K 1724 21 40 42 24 524 50 K 5K 52 K 98 55 62" 25 35 624 14K i 42 44 100 7% pref (guar Pa RR) .100 Preferred (guar) 100 Pittsfield & No Adams (guar) .100 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar) Railroad Securities Co— _ 100 J4% 111 Cent stk ctf 1952..1000 Reading Co 50 rA 160 3K "324 _ non-cum preferred 100 5% non-cum preferred 100 Saratoga & Schenectady (gu)-100 Schuylkill Valley Nav & RR(gu)50 Seaboard Air Line common. 4-2% non-cum preferred 100 Shamokin Vail & Pottsv (gu)__50 Sharon (guar Erie) 50 Southern Pacific Co 100 Southern Ry common 100 5% non-cum preferred 100 Mob & Ohio stk tr ctfs (gu).100 Southwestern of Ga (guar)... 100 Stony Brook (guar) 100 Sussex (guar DL&W) 50 Syracuse Bing & N Y (gu)_._100 80 Preferred Tex a 8 & Pacific Ry 99 103 50 47 Ooal(gu) 50 34 49 38 100 80 35 '25 40 K 16 K 42 1724 400 350 50 5 1224 Michigan Central (guar) Midland Valley common Preferred 100 50 50 650 4 34 37 324 Mill Creek & Minehill Nav (gu)25 Mine Hill & Schuyl 33 K 3524 "4" Minneapolis St P & S S M...100 7% non-cum preferred 100 100 7K 7K Hav(gu)_.50 4% leased line ctfs Mississippi Central 100 100 com 7% preferred series A Missouri Pacific com... preferred 100 ..100 -.100 Central.. 30 33 30 17 K IK 99 2 9K 15 115 34 K 41 81 150" 164 50 h 8K 140 40 15K 58 5 1224 20K 162* 800" K 3 "6" 1 24 124 IK 424 224 IK K IK K 124 5 Mobile & Birmingham— 100 (guar) 100 Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar). 100 5% non-cum pref (guar)... 100 Virginian Ry common 100 6% cum preferred 100 Wabash Ry 100 5% non-cum preferred A...100 5% non-cum conv pref B..100 Ware River (guar) 100 Warren N J (guar D L & W)_.50 West Jersey & Seashore (gu)__50 Maryland Ry com.. preferred non-cum 2d pref Western Pacific RR Corp 6% non-cum preferred __ Wheeling & Lake Erie Ry 4% non-cum pref (guar)...100 2 43 47 4% prior lien 5K % 15 35 K 40 14 36 133 65 K IK IK 4 85 33 K IK 60 17 12K 132* 19K 27 30 60 8 130 5 Preferred 4% 182K 70 100 common 1st 158 1100 4% non-cum preferred 100 United N J RR & Canal (gu).l00 Utica Chen & Susq Val (gu). 100 Utica Clinton & Bingham (gu)100 Western 63 50 * ... Troy & Bennington (guar) 100 Troy & Gr'bush (gu N Y C)_. 50 Tunnel RR of St Louis (guar). 100 Union Pacific & St Louis— IK IK IK IK IK K Mo-Ivan-Texas RR 100 St Louis Southwestern 100 50 100 -100 100 100 100 100 - Common (guar) 100 Preferred (guar) ...100 St Louis Bridge 1st pref (gu)--100 2d preferred (guar) 100 St Louis-San Francisco Ry 100 Tennessee 5% preferred conv Rome & Clinton (guar) 100 Rutland 7% preferred 100 Rutland & Whitehall (guar).. 100 St Joseph South Bend & Sou— 10 Lvkens Valley RR & Coal (gu) 20 Mahoning Coal RR 5(1 Pref (guar N Y Central) 50 Maine Central 100 5% obligations......100 6% guaranteed... ..100 7% guaranteed 100 Roch & Genesee Val RR (gu).100 50 28 - 50 Pitts Cin Chic & St Louis (gu) .100 Pitts Ft W & Chic com (gu)_.100 6% 100 72 - 50 Dividend 55 3 25 - * Pgh Bess & Lake Erie (guar) Preferred (guar) Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia... 100 Pitts Youngstown & Ashtabula— 55 11K Boston & Providence (guar).-100 Boston RR Holding pref 100 20 260 524 50 70 224 2*4 3*4 95 37 100 Phila Germ & Norris (guar).. 50 Phila & Trenton (gu Pa RR)_100 15 60 100 ei'A 30 18 K 100 100 10% class D 100 1st 4 K % class E 100 6% non-cum pref stamped--100 *?* 24 100 7% class O 76 84 K 100 150 5 com.100 . 2 108 24 145 100 Massawippi Valley (guar) .100 17024 100 140 * 100 100 Louis & Mo Riv pref (guar)_-100 Louisville & Nashville 100 2 J'* 2 h Rich Fred & Potomac— 624 22K IK IK IK IK 2K IK K 50 5% preferred 5% prior preferred. Peterborough (guar) 224 100 115 100 Ry 100 Adjust 4% non-cum pref 100 No Carolina (guar Sou RR)..100 North Pennsylvania (guar) 50 Northern Cent (guar Pa RR). 50 Northern Pacific Ry_ 100 Northern RR of N H (guar).. 100 Northern RR of N J (guar) 100 Norwich & Worcester pf (gu)-100 Ogden Mine RR (gu Cn N J) .100 Old Colony (gu NYNH&H)._100 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)_.l00 Pennsylvania IiR 50 Pennroad Corp v t c 1 66 Lexington Union StationPreferred (guar) Little Miami original guar 76 12K 100 93 21K 74K 100 85 70" Louisville Henderson 5*4 Preferred (guar) 69 K 100 conv preferred N Y Ontario & Western Norfolk Southern 63 Spec gu*r betterment stk.. Lit. Schu.vl Nav RR & 74 14 Pere Marquette Ry com 124 Boston & Maine 16 20 80 112 40 non-cum Preferred 16 39 524 39 85 45 65 42 Peoria & Bureau Val (guar)..100 Peoria & Eastern 100 80 37 35 21 50 117 17 non-cum 2 35 50 50 100 (gu) pref (gu) com Ask 30 100 6% preferred series A N Y & Harlem Bid 2K 124 3 K 124 100 Lackawanna RR of N J (gu)_-100 Lake Superior & Ishpeming 100 Lehigh Valley 50 26K 5324 40 100 100 100 100 100 100 100 12 24 70 35 133 89 79 K 239 48 13 40 57 68 137 111 1 IK 124 50 26 52 2K 37 4K *4 K 25 50 ...100 75 Wilton (guar Boston & Me).. 100 13 26 cum preferred 13 t Quotations represent dollars 4 32 Kansas City Southern 4% non-cum preferred 9 1724 * No par value, Ex-dividend. 5 4K 101 Kal Allegan \ Gr Rap (guK.100 K O St L & Chic—Pref (gu)..100 50 10 x 6 2K Internat Rys (Cent Am) 5% preferred Joliet & Chicago (guar) 43 30 1st 5 6% preferred... 100 Hartford & Conn Western 100 Illinois Central -_l6o Non-cum 6% pref series A..100 Leased lines (guar) _100 Stk tr ctfs—See RR Securs Co 35 Avon Gen & Mt Morris (gu).100 Bait & Cumberland 7% gu 50 1st ~5" 4 100 Preferred (capital stock Green Bay & Western Greene (guar D L & W) 67 Augusta & Savannah (guar)__l00 1st 93 44 1st preferred-.100 2d preferred--100 2d preferred 100 Goshen & Deckertown (guar).-10 Great Northern Ry— Iron Ore Prop trust ctfs .* Albany & Susquehanna (gu)-_100 Albany & Vermont (guar) 100 Alleghany Corp common * 534% pref (with $30 warr)_100 534% pref (with $40 warr)_100 5K% pref (without warr)__100 2 K % prtor conv pref * Allegheny & West (6% guar) .100 Atchison & Eastern Bridge 100 Atchison Topeka & Santa Fe.100 5% non-cum pref .100 Atlanta Birm & Coast pf (gu)-100 Atlan & Char Air L (guar) 100 New Orleans Great Northern.100 New Orl Texas & Mexico 100 New York Central RR ♦ N Y Chic & St Louis com 100 50 1st 35 14 *4 (gu)__100 European & North Am (guar) 100 Fort St Union Depot (guar) -.100 Ft Wayne & Jack pref (guar).100 Genesee & Wyoming 100 Georgia RR & Rank Co (gu).lOO Georgia Sou & Fla common 100 10 30 (guar)50 4% non-cum 1st pref 50 4 % non-cum 2d pref. * 50 Rensselaer & Saratoga (guar). 100 4% 63 K 5% class A 8% class B non-cum Erie & Kalamazoo (guar) Erie & Pitts (guar Pa RR) 80 Atlantic Coast L Co of Conn 50 50 common 4% 95" 4s 50 100 50 50 preferred W'msport (guar) Preferred (guar) 6124 pref pref pref pref pref non-cum Elmlra & 75 1st 100 preferred East Mahanoy (guar) East Pennsylvania (guar) Preferred 50 Alabama & Vicksburg (gu)._-100 Common non-cum Detroit Manufacturers (guar) 100 Dover & Rockaway (guar) 100 * Unstamped— 1st pref 5% class A 1st pref 8% class B 1st pref 7% class O 1st pref 10% class D 1st pref 4K% class E 6% non-cum preferred 7% prior preferred Stamped— 70 72" 45 (guar Penn) 25 6% pref.100 Gulf Mobile & Northern Atlanta & West Point 30 14 K Southwestern (guar) 100 Detroit & Mackinac Ry_...--100 STOCKS com 300 Detroit Hillsdale and 8 1st gold 4K8 1943 J&J Yosemite Vails f g 5s 1936—J&J American shares K Duluth South Shore & Atl— 1951 : M&N Worcester & Conn Eastern Ry— 4% non-cum pref Bangor & Aroostook com 5% conv preferred Beech Creek (guar N Y C) Belgian Nat Rys Co— K K Denv & Rio Gr West 111 1092-4 100 ,7% 85 Delaware & Hudson Co 100 Delaware Lack & Western— 50 104 K Newark & Bloomfield New London Northern Norfolk & Western Delaware 4.75 85 105 div Louis non-cum Unstamped (guar L & N) Nashv Chatt & St Louis 10% K . 25 25 N Y Lack & West (guar) NY New Haven & Hartf H 100 100 Nashville & Decatur— Original (guar L & N) K IK *4 100 pref (gu)-----100 Cleve & Pitts (gu Pa RR) 7% .50 Special guar 4% --50 Colorado & Southern 100 4% 1st non-cum preferred..100 4% 2d non-cum preferred--100 Columbus & Xenla (guar) 50 Concord & Portsmouth (gu)__ 100 Conn & Passumpsic pref (gu)-100 Consol Rys of Cuba 6^% pref.100 Cuba RR 6% non-bum pref—100 Dayton & Mich com (guar) 50 Preferred (guar) 50 Delaware & Bound Br (guar) .100 47~24 50 . com 224 140 70 F&A 93 Wilmington & Nor 4K® '77-.J&D 90 Wilmington Ry Bdge 5s '43.A&0 Winston-Salem Southbound— 1st gold guar 4s 1960 110K —J&J 115 Wlnston-8alem Term 5s '68-A&0 Wisconsin Central Ry— 1st gen g 4s 1949 724 J&J/ 7 Certificates of deposit / 2h 1st & ref 4s 1959 A&O / 424 Sup & Dul Div 4s 1936 M&N Certificates of deposit 4'K A1 Great Southern 2* 2* 130 W lm & Newborn 4s 1947 RAILROAD IK Cleve Cine Chicago & St Common (guar) 60 J&D S'eastern K 118 5% M&N 5s 1942 & 43" 108 K Willamette Val Southern Ry— 6s 1939-. F&A Marshfield 60 38 106 Eastern— _ 88 K 113 J&J / 1948 lstggu4Ks 1941 opt 1st guar g 87K 105 27 Wichita Union Terminal Ry— Wilkes-Barre 31K 103 J&J / 1980 extended 21" 280 Wichita Falls & Southern— 1st 18 Preferred —100 CIn Union Term 5% pref 100 Clearfield & Mahoning (gu)—50 107 K West N Y & Penna 4sl943_A&0 105K Western Pacific RR Corp— 15 1st M 5s 1946 series A M&S f 13 K Assented 5s 1946 1st 20 3134 Oln New Orl & Texas Pacific.-100 40 36 F&A Vandemere— 1st 4Kb 1947 F&A West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— 1st g s f 4s 1990 A&O West Fruit Exp—See Gr Nor Western Maryland 4s 1952-A&0 1st & ref 5 Kb 1977 ser A J&J Equipment 524 100 Inter-Terminal— Preferred (guar) Washington & — 22 4 Par Mobile & Ohio—See Southern Ry Montgomery & Erie (guar) 10 Morris & Essex (guar) 50 Morris & Essex Exten (guar) .100 Mt Carbon & Pt Carbon (gu)._50 Nashua & Lowell (guar) 100 43 Cinn 70 1 Eq tr 4Kb E 1939-1941 Eq tr 2Kb 1939-1946 39 19 - 7% preferred 6% preferred 40 3K 39 5% non-cum preferred 100 Chicago & North Western 100 7% non-cum preferred 100 Chic R I & Pacific common—100 98 K Stocks 29 44 324 75 K 6% preferred .-100 Chicago Great Western com—100 4% preferred 100 Chicago Ind'polis & Louisville 100 4% non-cum preferred 100 Chic Milw St Paul & Pacific- Equipment trusts— Ask common-100 Chic & East Illinois 6 24 6s notes extend 1938----J&J -50 100 (guar) Chicago Burl & Quincy 6 Ref & gan 5s 1980 ser D..A&0 Certificates of deposit.. 71 BONDS RAILROAD MAT, 1939] per $100 face amount. 6 Basis. / This price includes accrued interest. A; Last sale. n Nominal, bond NOTICE—All 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 Stocks and Bonds Bid Par Per 10.58 cony 100K 99 K IK * Investors Inc Convertible 3.14 99 deb 5s 1944-47—J&J Conv deb 5s 1948-----—J&J Sec conv deb 4Ks 1949-.-J&J Air 11.26 2.82 Administered Fund 2d inc.-.---* Affiliated Fund com....—- 1.25 Sec 13 preferred--——-* Aldred Invest Trust (Mass)— Deb 4Kb with com shs 1967— Aldred Investment Corp (Can)— Deb 4K8 with com shs 1968— 45 1 com--* k * k $3 convertible preferred-Amer British & Cont Com— * 2.82 10c > 10c Class B S3 preferred —- $5.50 prior pref 64 K ... Amer Cities Pr & Lt cl A Class A opt 29k —25 27 25 div ser w w IK IK 3k 102 K 102 K 3k 24 K 26 h 1 Class B Amer Elec Sec partic pref American European Secur 1 ,._* Coll tr s f 5s 1958 ser A——J&J Be series B 1958 M&N American General Corp 10c $2 preferred 1 $2K preferred 1 $3 preferred 1 Amer General Equities Ins—25c ♦Amerex Holding Corp * Amer Insuranstocks Corp * Amer Investment (111)-----—-* 7% preferred 25 8% preferred 25 Associates Investment Co Associated Stand. Oil Shs 2 Atlantic Secur 4 Ks A 1953 -A&O Atlas Corporation common 5 6% preferred. Option warrants. Bankers Nat Investing— -.1 5k IK Blue Ridge Corp common preferred 36 3K — 25 K 27 K 22 H 30 4.60 32 104 27.44 29.51 41* 52 Jan. 26 164 4.92 4.52 IK 4! 39 74 37 k 1 2 1 100 100 100 4 Chicago Corporation Convertible preferred-— Preferred 9.89 2.000 135 52 100 100 — Preferred 23.60 IK 33 K * 100 com. 3K 3K 21.95 — 5 2k 3 100 * > 9 9.14 - k 7k common ... 4Kscoll tr AAA 1940-43--A&O 5s coll tr BBB 1944-51 A&O 4s coll tr CCC 1939-42.--M&N Interstate Equity common Commercial Invest Trust 45 * 107 K 3.03 3K 3K K 4K IK 5k IK 5k 99K 100 3i* 2.050 Investors Fund of Amer Series Cl Investors 60" Royalty Series B-2 46 - « - 53 56 14 16 9.18 9.79 K 21 A 5 25 26 25.98 22.09 13.57 ... 28.38 20.13 i Series B-3 - 17 25 Series B-l 104K 104K 102M ........ 99K k 1 — Preferred Keystone Custodian Fund— Commonwealth Investment.—.1 Commonwealth Secure common_1 Preferred 1 Consolidated Invest Trust com.l Continental Secur Corp— 1.32 3 1 * 42 K 102 1.11 Interstate Bond Co— 45" 104K 15.86 K 4K ... 42K 4K% conv preferred-100 3 K % debentures 1951 A&O 2k% debentures 1942—-J&D 4K 3K Investors Trust common—---25 Preferred 25 96 35c 1.01 37" Cleve Securities 4-6s to 1943.J&J Commercial Credit common 10 4K 4^8 40 1.21 83 convertible pref A Invest Bond & Share 5s A '47J&D Investment Co of Amer 10 100 preferred. New "k 1.94 (Md) ctfs Inc—1 International Holdings & Inv * 14.90 14.82 13.51 Series K-l Continental Lawyers Mtge Inv (Boston)1st 5 Ks series B 1940..—M&S 26 21K 1 5 10c 2.25 Maryland Fund Inc 2.14 Massachusetts Investors Trust--1 1 2.14 Mutual Investment Trust —.1 2.51 National Bond & 1 10 2.51 24 k 100 100 115K 29K 111 K Cumulative Trust Shares.---—.* 4.33 - AA (modified)—...— ACC (modified) ♦Crum & Foreter Inc com.. ♦8% preferred ♦Crum & Forster Insureh B ♦7% cum preferred 10 Delaware Fund 14.55 Deposited Bank Shs N Y ser A..1 Deposited Insur Shs ser A Seriec B 1 25 5% preferred ser A w w Nat Bond & Share Corp 31k National Investors Nat Republic Invest conv 15.73 ....— D shares Dividend .... Shares 1 3.35 .2.50 25c 5.15 5.80 1.08 22 1st coll 4s series A 1952. ..J&J Eas Util Invest Deb5s 1954 M&815 Eaton & Howard Management Fund A-l * Economic Inv Tr Ltd 5sA'57M&N 38 16.36 101 Bank 1.14 5c k k 4.30 .......... 8.67 7.72 9.38 8.35 6.34 ..— 7.28 4.68 6.87 6.08 8.93 6.59 9.66 103 e Ex-coupons, f Flat price. 9k 9.01 Feb. 9 7K 9.51 20c 22c 47 K 50 K 'A 20c" 40c' a* 45* 3.05 45 k 100 IK 9.48 * 25 com 60 5 5 59 k 80 67c K k 94 51c 69 k Suburban Elec. Securities 80c $4 cum 2d preferred ---* Super Corp of Amer class A. 2 44 Class AA ......1 ... 2 .......3 .....3 Class D 9.75 Supervised Shares 25 cum 2K * 80 K preferred Warrants 108* 5s conv deb 1953 J&J Trusteed Amer Bank Shares B 25c Trusteed Industry Shares -25c Trustee N Y Bank Shares 50c Trustee Stand Invest ser C...—1 Class D 1 58c 88c 1.20 Trustee Standard Oil shares A—1 Series B 3K common..... 5s 1946 M&S United N Y Bank Shares C3-..* U 8 Elec Light & Pow tr ctf A- 96 Conv deb Trust ctfs series B—....... Voting shares S & Foreign Securities com—* -— U 7 $6 1st preferred U. S. & International Sec—.—* 85 1st pref with warrants * Utility Equities Corp—.... 5 $5.50 priority stock * Utility & Industrial Corp 6 Convertible preferred.... 7 Wellington Fund Western ReserVe Investing—■ Deb 5 Kb 1944 -F&A 58 _ . Wisconsin Bankshares * No par value, 9.63 3.30 50c 1.27 6.72 ......... 6*' 22* $5.50 preferred w w * Deb 5 Kb 1939 F&A 15 Standard Utilities Inc 50c ♦State St Investment Corp * 11.98 — stocks Insurance IK 6K 13.99 Standard Amer Trust Shares 1 Standard Investing Corp com,.* 5.47 3.39 100 100 Building supplies Electrical equipment 17.57 h 5K _ Automobile 99 91K 19K 11.11 —. Agricultural Aviation 97 Quotations not furnished by sponsor or issuer. — preferred 2d preferred New York Stocks. Inc 1.18 10.62 21 Jan. 14.57 Union Investment ... New England Fund New York Investors common, 2.48 4K 5.07 5k 4Kb Mar 1 1942 M&S 5s March 1 1952 M&S Sovereign Invest. Inc., com 10c Spanish & Gen Corp Ltd— Am dep rets ord reg £1 Amer dep rets ord bearer...£1 Spencer Trask Fund Inc * 6% 20.28 41c 100 102 9K Allotment certificates Shawmut Association ....* Shawmut Bank Inv Trust— 7.13 11 is k 5.14 1st Domestic & ForeignIn5Ks47F&A Dominion-Scottish Invests Ltd— t pref stamped Voting shares 22 1 4 19K 104 ♦ National Investors Trl-Continental Corp Trust— Nat Trust Shares Unmodified.. Nation Wide Securities Co..-25c 1.48 2.73 4k 4.57 18.86 9.72 100 . Diversified Trustee Shares C shares 10 Invest com..,* 101 Third 6.46 Manhattan Fund Inc— Marine Midland Corp.... 8.79 Convertible stock k 18 13.ol 27 K .... k Lark ins Warr Trust 16 * 10c Fund Selected Industries $5.50 prior stock 4.11 1 Accumulative series (Geo) 6s series 4 Nov 1942 Securities Corp General com * $6 preferred * Selected Amer Shares Inc ....2K Selected Income Shares 1 3.64 Lehman Corporation AA Investing 5s "1948-A&O Preferred Series S-4 24 Shares— ♦6% preferred 100 Corp Secure 5% ctfs 1935 M&S Corporate Trust shares old ser—1 4k 96 K 100 Class O 15 K 26 35c * Class B 14K 14k 3K 16 H 10 Representative Trust Shares 10 Republic Investors Fund Reynolds Invest 5s 1948 A&O Common stock 1 $6 preferred Royalties Management A.... 1 ♦Schoellkopf Hutton and Pomeroy Inc common-....10c Seaboard Commercial 10 5% preferred 50 Second Carey Trust 100 Second Nat Inv Corp Com 1 $5 conv preferred 1 Securities Co of New Jersey— 10.39 60c 10 3 68 * 5% detmrles A 1942 M&N y & Light Securities com. * Convcoll 4 ks ser "11" *55 A&O Railway & Util Invest A .1 3 K % preferred * Reliance Internat Corp com A 10c Series 8-3 40c / 13k Railw 9.55 ........... 98 95 10 10c Quarterly I q come Shares 14.20 Series S-2 5K 3K 96 Pub Util Sec 87 partic pref 8.62 Series K-2 _ Debenture 5s May 1 1942 {jtil 12.90 9.38 108 K 3.30 ...... 6 4K 2K nrAfarrArl 5.37 50c 5 Insuranshares ♦ 3.70 k Deb g 5s Jan 1949 .j?&A Deb g 6s 1940 B with war.. J&J7 Insuranshares Co of Delaware--1 Corp class A-—* 4.71 95 K 14.75 Insurance Group Shares... Insull Utility Invest— 26 Central States Elec Corp —1 78 23 4L 36 k 15c Independence Trust Shares... 97 - K 3K K Hydro F.lec Sec com * Illuminating & Power Securities— 1st preferred -...100 Incorporated Investors 5 5 * - ♦Putnam 4.93 Institutional Securities Ltd— Bank Group shares * A&O preferred 6.36 6.24 4.47 5 35 $6 1st preferred 83 2nd preferrpd * Debenture 5s series A..—1948 2 1 Plymouth Fund Inc Prudential Investors Pub 4.91 com—.. "5" 1 1947 Debenture 4Kb Dec 15 1952 Old Colony Trust Assoc 7.56 20c 17 ' 8 102 K 104 .10 Com..* Old Colony Invest Trust Debenture 4 K8 Feb 1 4.31 5.99 3.95 5 Oils & Industries com Preferred Oklahoma Southern Trust 5.29 3.12 ...—* 28 2.23 10I* K 3k 19K 5.28 76 40 1 * Ohio Finance conv 5s 1951--F&A Deb 6Ks w w 1944M&N ♦ 5.50 4.32 3.39 ♦Huron Holding Corp.. 1 Phoenix Sec Corp $3 conv pref class A 4.85 Guardian Investors 1 * 2.85 Tobacco Shares 94 29 2.11 2.53 2.49 ♦ — 4.10 ... 5K 4% 92 26 K 25 K 100 Northwest Bancorporation 6.95 5.84 Equip Shares.... 48 k J&D 1953 Marfio 16c 100 North American Trust Shares— 3.95 Preferred 1951 Class B 67 K Guardian Invest Trust (Conn)..* "2K 4s 6% preferred 5K% preferred 64 5.73 Railroad 90. * North American Bond Trust Ctfs. North Amer Invest Corp com, 100 4.86 Steel Shares 4 5 100 6.96 7.69 89 Investing Shares Merchandising Shares Mining Shares 18 K 4k 99 K Cent Invest Corp 5-6s '57 Class B common,.J. Class A preferred Normandie Nat Sec pref 25 K 6 Food Shares 6k 95 k Pacific Southern Invest pref Class A IK Chemical Shares 10 6.91 94 K 16 13 Building Shares 7K 6.27 6.38 63 15 d" Automobile Shares Aviation Shares 45 5.78 Steel stocks. Overseas Securities Co * Deb 5s April 1 1948 -A&O Pacific Finance Corp (Calif) 10 Pacific Investing Deb 5s 1948 J&J 14K .A&O Corp 4Kb 1959 Group Securities, Inc.— Agricultural Shares.... 101K 5K 96 103 Great Brit & Canada Invest¬ 100 13K "6 k 5k 96 K 103 K Gleneagles Invest 5s June 15 1944 f 92 28c 5.27 4.16 $6 preferred * Gen Shareholdings Corp com—1 86 conv pref ww * German Credit & Investment— Pref allot ctf 25% 1st pref--* ment 7.86 1958 - Independence Fund of N A Cent-Illinois Securities Corp.—1 conv Class B 2?K - 23.65 3.60 7~43 6.42 7.26 7.10 Collateral Warrants General Investors Trust 1 Gen'l Realty & Utilities com.... 1 11K 74 $4.25 8.70 8 31K 28 K IK 3K 13c F&A Capital Administration cl A 1 $3 cum pref series A 10 Carey Trust * City Investing Co 10 * General American Investors—* $6 preferred * Deb 5s Feb 1 1952 F&A General Capital Corp ...—* General Investment Corp.—-.1 $6 preferred 22.11 Deb 5s series A 1958 Securities 3.38 Common ex-warrants 1 Fundamental Investors Inc 2 Fundamental Trust Shares Inc— Class A __2 iik 94 Christiana 2.58 3.04 3Sl1 \ 14.57 5s series A1959 A&O Canadian Invest. Fund. Ltd 1 Canadian Pow & Pap Invest Ltd— Chemical Fund 2.32 10c 4.20 11K Broad St. Invest Co Inc 5 Bullock Fund Ltd 1 Canadian Internat Inv Trust— 7.06 15.18 Ask share Inc.—(Concluded) Niagara Share Corp (Md)— Conv deb 5Kt 1950 M&N 28 K 27 k 16.45 13.55 Boston Fund Inc Boston Personal Prop Trust-—* British Type Investors———1 7% preferred Conv preferred Conv pref series of 1929 6% cum preferred-.—Century Shares-Trust 6.37 3.90 1 1 100 16K 28 K 20 K 73 Per Railroad equipment-. 17~82 14K 6.64 Bid Machinery 12 Bond Associates Inc..10c Par Oils 16.55 10c Bonds ana Metals 24 Foundation Trust Shares ser A..1 Fourth National Investors— Common with warrants 1 3.38 1 conv 1 1 Stocks N. Y. Stocks, 'A * .—.10 stockfseries 15 5 12 50 10 — Basic Industry Shares Biair & Co $1.50 5k 27.33 ^8 23 o Petroleum Shares ♦Class A ♦Central Nat ♦ Class B - ♦First Boston Corp First Mutual Trust Fund % —— Bankers Securities Corp com—50 6% preferred 4K 13 7 43 K 50 - Equity Shares Fidelity Fund. Inc — 5K 25.69 98K 5K 100 K , — share 47 29 / preferred 1956 Ask Bid Foreign Power Secur Corp— 1st coll tr conv 6s A 1949.-J&D 36 30 k 90 89 K * i-onv 50 43c 29K 26 h 6% preferred w w 100 6% preferred ex-warr 100 10-year deb 3s 1946----—J&D $3 Insurance stock series Fixed Trust Shares series A 32 — Empire Capital Corp A 5 equitable Invest Tr (Mass) 6 Unuity Corp common... ...10c Fiscal Fund, line.— Bank 38c 20% 5 Par Per ^K Foreign 6% 1 Shares Capital Corp A— Stocka and Bonds 43 2 k Feb. 3K Apr. 10 K 97 F&A Amer Business Credit A conv lk 14k 19 ---* $6 preferred Deb g 5s 1953— Amer Business 40 * Alliance Investment com Allied Int Investing Corp $3 101 k 100 y* Warrants Amer Ask share k Last sale. n K lk 45 K IK 13.77 ....* Nominal. 4k x Ex-dividend. Utilities Public (Includes street and electric railways, gas. electric power, water, telegraph, telephone and bridge companies.) prices' are "and Interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the NOTICE—AH bond Adriatic Electric Co (Italy)— Extlsf 7s 1952 A&O Ala Gas Co 1st M 4Ms 1951.F&A Alabama Power 1st 5s 1946-M&8 1st & ref 5s 1951 J&J 1st & ref 5s 1956 M&N 1st & ref 4 Ms 1967 J&D 1st & ref 5s 1968 M&S 98 M ■105fc 104:54 102M 106M 105 M 103% 1st M 5s 1957 Albany Ry 1st ser 5s 1930--J&J 36 31 A&O Avalon Telep Ltd 4Mb *58--A&O Baltimore County Water & Elec 1st 5s 1946 M&N J&D — - *. 22" 20 Altoona & Logan Val Elec Ry— 1st coll 4s Jan 1 1954 J&J Amarillo Gas 6s 1939 Amer Commonwealths Power— Deb g 6s 1952 ser A F&A Deb g 5 Ms 1953 Oonv deb 6s 1940 76 M 97 —— M % % % % % M&S Amer Elec Pow deb 6s *57 M&S15 Foreign Power Co— 5s 2030 M&S & 1934-J&J Amer G & E deb 5s 2028..-M&N Pow 7s Am Gas & Pow deb 3-5s *53-F&A . Secured deb 3.6-6s 1953 J&D Am Pow & L deb 6s 2016 Bf&S Amer Rys Corp coll 4Mb '53-A&0 Deb Amer 6s 16" 53 10 12 Bear Mt Hud Riv 3dge Co— 1st 7s 1953 A&O 104M 39M 44% 89% 84 J&D Bell Amer Water Works & Electric— Deb 6s 1975 ser A M&N 111M 107 Vs 107 % 111 103 103% 75 100 % 108 108 % 77 100% Deb 5s 1975 ser B __J&D Ana&Pot R RR-See WashRy&El 95 M Anchorage Lt & Pow 7-5s'43 F&A Androscoggin & Kennebec Ry— 1st 6s 1940 M&S 75 38 41 Androscoggin W Pow 6s '45-F&A Appalachian Elec Power— 1st mtge 4s 1963 F&A S f deb4Ms 1948 F&A 36 39 - 96 M 109% 107 M Appalachian Power 6s 2024--J&J 120 121 Ardmore St Ry—See Phila Co Arizona Ed 1st 5s 1948 J&J 1st 6s 1945 A&O 97 % 100 H 98M 53% Deb 6s Apr 1, 1955 Berlin Elec Elev & Underg Arkansas & Missouri Power Corp 5s series A 1957 J&J Arkansas P & L 1st 5s 1956-A&O 104 104 H 99 103 % Associated Gas & Elec Co— Conv deb 5 Ma 1977 F&A Conv deb 5s 1965 Oonv deb 5s 1950 Oonv deb 4 Ma 1949 Oonv deb 4 Ms 1948 Cons ref deb 5s 1968 M&N F&A -J&J M&S A&O Cons ref deb 4 Ms 1958—M&N S f ine deb 5s B 1983 M&S S fine deb 4 Ms O 1983—M&S S fine deb 4s D 1983 M&S S f inc deb 5 M-6 Ms A 1986 F&A S f inc deb 5-6s B 1986—-M&S 95 101% 54" 59 60 109 M 109 M 119 M&S M&N 18 39 37 % 32 % 35 30 32 J&D 1939 J&J Bklyn City RR 1st 5s 1941--.J&J Brooklyn Edison Co— Consol mtge 3 Ms 1966 M&N Bklyn-Manhattan Transit Corp Coll trust 4%b 1966--—M&N M&N Income deb 3Ms 1978 M&S 31 30M 31 1956-M&N Income deb 4s 1961 M&N Associated Pub Utilities Corp— 45 65 45 60 J&J M&N 68 69 55 76M 39M M&S Certificates of deposit Conv deb 5 Ms 1944 ser O-M&N 3Ms 1946..M&N 3Ms 1947..M&N 3 Ms 1948..M&N Coll trust ser 3 Ms 1949—M&N Coll trust ser 3 Ms 1950--M&N Coll trust series 3 Ms 1951 _M&N Brooklyn Queens Co & Sub¬ let m g 5s 1941 76 ser 76 ser 76 A&O 1st lien & ref 6s '47ser A—M&N 1st I ien & ref 5s ser B 1957 M&N J&D F&A 40 55 35 Bklyn Un Elev—See BklynQueens Bklyn Un Gas 1st cons5sg'45M&N 76 77% 77% 77% 77% 77% 77% 77% 77% 77% M 84Vs 76 76 76 83 % 80 43 44% 108 105 M 98% 81 112M 108% 106M 99 83 112M 180?« 101 Corp— *49 F&A Util.(ws)lnc5Ms-1952 87% 101% lVa 1% Central States Edison. Inc— 1st coll inc 3-5s 1950 M&S f 67 69 Central States Elec Corp— Conv deb 5s 1948 38% 39 39 39H 63 h 40 65 J&J Deb 5 Ms 1954 M&S 15 Cent States Pow & Lt Corp— 1st M & 1st lien 5Ms 1953-J&J Debenture 5s 1944 J&J f Cent States Utilities 6s 1938.J&J. Cent Telep (Del) 6s 1938—-M&N Cent Vermont Public Serv Corp 2 13M / 106 106M 74% Charleston Cons Ry Gas & El gold 5s 1999 M&S 105 Charleston Transit Co— adj 5s 1952 70 .M&S 55 45 100 104 % J&J f Chicago City & Connecting Ry Coll tr s f g 5s Jan 1,1927-A&O f Chicago City Ry— 1st 5s (15% paid) 1927—-F&A 106 8 4 1st & ref 6s 1951 8M 8 44 46 Chic North Shore & Milw RR— 1st mtge gold 5s 1936 —J&J 2 3 —J&J 1 1M 1st & ref 5 Ms 1956A&O Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt red and pay Aug 1, 1938--F&A 1 1st & ref 6s 1955 Certificates or ser A 49 Series B Feb. 1927 A&O J&D 51 49M 9M 4M deposit Cons M 5s «er A Feb '27 50 H 10 5 Chicago Rapid Transit Co— 1st & ref 6 Ms 1944 J&J Certificates of deposit 5 6 J&J 5 6 5 deposit Adjust deb 6s July, 1963—J&J Certificate of deposit Chicago & West Towns Rys— 1st cum inc 5s 1937 5 J&J / * 106 Chippewa Power 6s 1947 J&D 6 ser A 6 5 Certificates of l 1 6 107 100M J&D 101 108 M 1st 82 84 A&O 72M 73M 77 k Last sale, n Ry— 5 Ms ser A 1952 1st 6s 1955 ser B 109 M 108 M 111M Cincinnati Street Buff & Niag Falls El L & Power— gold 5s 1942 _F&A F&A 1st mtge 3Ms 1966----- 100 J&D 1st mtge 3 M8 1967 J&D Cin Newport & Cov L & T— 1st ref 6s 1947 series A J&J 109M J&D Buffalo Traction— 104 102 108% 102% Cincinnati Gas & Electric— 2s deb A 105 108 M A&O 103 35 30 J&J f 6s 1940 1st & ref 6s 1953 Buffalo Niagara Electric— 1st m A&O See International 101 Ry Burlington (Vt) G L 5s 1955-J&J Butler Water 5s 1957 A A&O s f 5s 1951.-J&D Butte El & P 1st J Called June 1 39 75 Gen&refM3MsserO '67-J&D 107 % 103 s 103 M 1st 4Mb 1958 series A_ Chic Aurora & Elgin RR— ser 1939-1942 1st 109 102 M 102 M 100 Coll trust 3s deb B 1943-1947 3 Ms deb O 1948-1952 108 1st & gen 4s ser G 1960 A&O l8t& gen M 3 Ms ser H '66. F&A Chester Water Service Co Coll trust 104 A J&J 1946--M&S 76M Coll trust Bklyn Un Kings Co El 1st 4s 1949--.F&A Nassau Elec 1st g4s 1951—J&J 89 100 Power— 108M 76 Athens (Ga) Ry & Electric— Maine 76 M 3 Ms 1944—M&N 3 Ms 1945--M&N Deb 5s 1950 Central 108 % ser Buffalo General Electric— Gen & ref 4%s 1981 ser Central Kansas Pr 6s 98% 101% 73 ser ~ 100M 3.25% 4.00% Central Indiana Power Co— Chattanooga Ry & Light— 1st & ref g 5s 1956 op T6.M&N Chatt Rys 1st cons 5s '56-M&N Coll trust 39 M 122% 122% 100 % 1st mtge 3Ms ser A 1968--J&D 61.50 to 3%% ser debs 1939-1943— J&D 63.50 to 4% serial debs 1944-1948--J&D Cent Indiana Gas 5s 1957 M&S 60 78 39 M 39 % 111M M&S 76 39 M 39 M 104M 105 M 104 M&S / 76 1944 104M 1st 5s 1942. Coll tr series 3Ms 1942.—M&N Coll trust ser 3 Ms 1943..M&N 5s F&A —— Coll trust 5s notes 1942—M&S 78M 1st 1st & ref 5s 1951 1st & ref 6s 1952 J&D Cent Illinois Light 3%a '66.-A&O Central Illinois Public Service— Gen & 85" 77% 77 M 108 % 109M 65 99% 10734 M&S 1965 62 M 75 con Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 J&D 1st & ref 3Ms 83 25 55 80 1st First lien coll tr 5%a '46..J&D Central German Pow 6s '34. J&D Consol M&N M&N Associated Telep & Teleg Co— 94 107 M&N 60 Called June 1 at 104. 92 M 105M Coll trust 37% 34 % 31% Assoc General Utilities— * 107 Coll trust 3s 1940 Coll trust 3s 1941 99 Central Gas & Elec 6s 1946-M&S 1st mtge 3 Ms ser B 1966--F&A Central West Public Service— Coll trust 3s 1939 97 A_ _F&A A '55 J&J 5Ms 1956 1st & ref 5s 1954 ser A M&S Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967-F&A Brooklyn City & Newtown RR— 5s 95 M 102M 100M Cent Public 37 30 93% 101M 99 M 81% 76% ser ser Conv deb 5 Ms 97,M 109M 30 115M Cent Pub Serv 37 38% 105 113M Conv sec 4 Ms 1940 J&D Cent Pow 1st 5s 1957, ser D-J&J Cent Pow & Lt 1st 5s 1956--F&A 111M 109M 101M 32 87 83 104 M Cedar RapMfg & P 5s '53.—J&J Cent Ark Pub Serv Corp— Cent Ohio L & P 1st 5s 1950-A&O M&N M&S Brandenburg (Germany) El Pr— 1st 4Ms series B 1961 Broad River Power Co— 102 105 Carolina P & L 1st 5s 1956—A&O Central N Y Power Corp— Gen mtge 3 Ms 1962 West End St 5s 1944 7s Sept 1947 63 1942.-F&A 104M 105 107 60 M Atl Beach Bridge 6 Ms 103 % 100 M 106 M f 6s 1953 91M 100% 1st & gen M 3 M-ser J 1968J&D Cent Mexico Lt & Pow Deb g 4%s Nov 1, 1941--M&N Deb g 5s Dec 1942 J&D 69" Gen mtge 4 Ms 1955 M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J 99 117 62 1st & ref s f g 5s 1950 J&J Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947 J&D 80 M 99 100 % 68 A&O 80% 105 M 36 M 34 Certificates of deposit 2-yr 6% notes 1933 Certificates of deposit 96 115 J&D Oonv deb 6s 1941 105 95 99 s 64 90% M&S Canadian West Telep 5 Ms '56J&J Cape & Vine'd El 4s A '65—J&J Capital Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D 1st & ref 6s 1947 103% 42 73 M&N 27 Bridgeport Gas Lt 4s 1952.-J&J J&D A 23% Brith Colum Pow 4 Ms 1960-M&S British Colum Tel 5s 1960 J&D F&A ser A&O / 4134 M&S 1955 24 47 Income deb 4Ms 1978 Income deb 4s 1978 Income deb 3 Ms 1978 Deb 5 Ms 29 38 8 Assoc Telep Util deb 5s 1942A&0 Certificates of deposit 28% 26% 45 8% J&J 40 26 M 40 M 36 -F&A 1st lien 5s 1947 ser A Deb 6s series A 1958 Associated Telep Co Ltd— 1st M 4s series B 1965 103 M 75 34 8' 5s 117 % 133 97% Extl 1st Conv deb 4%b 1973 Conv deb 4s 1973 w w 108M 121M 125 M Bolivian Power 8s ser A '45.A&O Boston Elevated Ry— 102% 53 M&S / 1951 1st & coll tr 5s 1948 45 103 6 Ms Central Elec of N J 5s 1940--J&J 35 . Mtge&Colltr3_Msser D'68 J&D Associated Gas & Income debs 100 Bleecker 97 7 A&O 70 Rys— 100 M 7% Elec Corp— 8s ex-warrants 1940 M&S 102M Boise Gas Light & Coke Co— Conv 5s 1957 10334 47 105M Cent Ills Elec & Gas Co— A&O f 105% 105 % Q-F Conv deb 5 Ms 1973 Conv deb 5s 1973 116% 131M St&FulFy-See NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940 M&N 7 M Q-F M & coll tr 4s ser C '65 58 % 105 % Q-M Conv A 5s 2002 Conv A 6s 2002 Conv A 7s 2002 6%a 1956 99% 99% Blackstone Val Gas & Elec— Arkansas Western Gas Co— 1st s f 6s ser A 1953 A&O Ashl'd Home Tel 4 Ms A 1961A&0 Ashtabula Wat Wks 5s 1958-A&0 Assoc Elect 4%a 1953 J&J 5s Jan 1 1961 J&J 120% 123% 4s series C 1956 F&A Birmingham Elec 4%b 1968-M&S Birmingham Gas 1st 5s '59-M&N 6% notes extended 1938--A&0 4%% extended 1944 A&O Birmingham Water Works Co— 1st m 5%s 1954 ser A A&O 1st m 5s 1954 ser B J&D 1st mtge 5s 1957 ser C_ F&A 55" 56 108 % _.A&0 J&J 1st extend 6s 1947 —J&D Berlin City Elect 6Ms 1951-.J&D Sink fund deb 6%a 1959--F&A 104M Chicago __ J&J O—-A&O 1st mtge 5s 1958 Bergen Turnpike 5s 1951 Berkshire Street Ry— 105 M Biddefora & Saco Water— 10634 104M ser South Cent El & Tel 1st 5s Bellows Falls Hydro-Elec Corp— 1st mtge s f 109 M Income 5s 1960 J&J Income 6s 1960 A&O Arizona Power 5s 1950 F&A 1st & ref 4%a 1950 F&A Ark Louisiana Gas 4s 1951--J&J 99 M 4 1st & ref 5s 1948 ser B 5/4 103 M 104 & Ry— 1st (35% prin paid) 1927 F&A / Camden & Sub Ry—See P S Corp 105 Canada Nor Pow coll 5s '53-M&N 101 Canadian L & P 5s '49 op '14 J&J Term 103 M&S J&D M&N Telep Co of Pennsylvania— 1st & ref 5s 1960 Deb 5 Ms Nov 1 1943 M&N 25-year deb 3 Ms 1961 A&O 30-year deb 3 Ms 1966 J&D American Toll Bridge— 5 Ms series D. 1945 F&A Amer Util Service 6s 1964--M&N 98 M 1st g 58 1955 ser A 1st g 58 1957 ser B 1st mtge 5s I960 ser C Telep & Teleg— „ 98 M J&J 1978 Bell Telephone of Canada— 48 M&N J&J 1978 notes 63.00% Canadian Utilities Ltd— 62 Beaver Valley Trac 5s 1950-A&O Beaver Valley Water 5s '60-M&N 59 46 5s mtge conv 97 M 107 2y\fsW^.\^ 1st mtge 5s ser A 1955 1953 A&O Beauharnois Lt Heat & Pow— 5s 101 99 97 106 Canadian Rail & Harbor— Beauharnois Power 5s 1978 109 57 1938 93 111 101M 2d 108M 38 M 43 % 88 h 87 (W S) deb 6s 1942--A&O Barstow 54 A&O Debenture 4Ms 1963 Amer States Public Serv— 1st 1 5 Ms 1948 ser A 4% 24% 84 S f income 8s 13 21 20% 23% Deb 5s series B 1975 J&J Bangor Gas Light 5s 1941---A&O Bangor Hydro Electric— 1st mtge 3 Ms 1966 J&J 103 M Calif Water & Telephone— 1st mtge 5s 1965 M&S Calumet G & E 5Ms B 1960-J&J 104M J&J 60 101 Serial notes 12 100M Deb 5s series A 1975---—J&J Ask 103 Calgary Power 1st 5s 1960--A&O 1st s f 5s 1964 J&D California-Oregon Power— Deb gold 5%s 1942 A&O 1st mtge 4s 1966 A&O Calif Water Serv 4s B 1961-M&N Calumet Deb 4s series A 1975 75 M&N Community Power— B%a Certificates of deposit 1953 8 1st 5s 1941 Baltimore Transit Co— Am Fuel 99 Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry 100 Amer 102 101M 100M Allegheny Gas Corp 6 Kb ctfs *43 Deb g 106 100 Alliance Power 1st 6s 1952. .M&S Alliance Pub Ser(Ohio)5s '57 M&S . _ 101M General 5s 1947 Amer & 78 J&D M&S J&J A cons Atlantic City Sewerage— 1st s f 6s ser A 1956 '58-J&J f Cairo Bridge 1st Inc 6 Ma J&J Atlantic Co Wat 5s *58 ser A 97 105% 80% _ J&J Atlantic City Gas 5s 1960 1st lien & ref 5s 1957 Bid Bonds Ask 105M 79% Atlantic City Electric— Gen mtge 3 Ms 1964--,---J&J _ 54 M 42 98 Alabama Water Service Co— . Bid Bonds Ask Bid Bonds _ and income and defaulted bonds month preceding the date of issue at 105. b Basis, d Called June 1 at 101 M« 120 121M 105M 115 / This price includes accrued interest, Nominal. 74 PUBLIC BONDS UTILITY NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Cities Serv deb 6s Jan 1966.M&S Deb g 5s Apr 1958 A&O Deb g 5s 1963 M&N Deb 6s 1969 M&S Oonv deb 5s 1950 J&D Cities Service Power & Light— Deb 5Ms 1952 ...M&N Ask Bonds Bid 73 M 69 M 69M 76 Oonsum's Water 1st 6s A *46 M&N Deb 5 Ms series A 1970—.A&O Oontin Gas & El deb 5s 1958 F&A 87 70 70 M 71 Continental Pub Serv 6s *40. J&D 70M Continental 69 M 70 M _ Deb 5Ms 1949 J&D Citizens Independent Telephone 1st mtges f 4 Ms ser A '61—J&J Citizens Utilities Oo— Income notes 3s 1955 F&A / 1st coll 4-5 Ms 1948 A&O Citizens Water (Scottdale)— J&J 1st 5s series A 1953 Citizens Water (Washington, Pal 5Ms series A 1951 J&J City Gas & Elec 1st 6 Ms *51.J&J City Light & Traction (Sedalia, Mo) 1st s f 5s 1952— J&D City & Sub PS—See Un RyB of St L City & Sub Ry—See Wash Ry & El City of New Castle Water— 5s J&D 1941 76M 76M 77 M 77M 32 63 60 102M 32 65 64 103 M 34 Olarksbury-Columbus Short Route Bridge 6M8 1952...J&D / Clear Springs Water Service— 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 101M 101M 105M 45 98 108M 102M Cleveland South w Ry & Light— Gen & con 5s 1954 M&S / 1 Coast Cos Gas & Elec— 1st s f 4sseries B 1965-.--M&S 109 Colonial Util 5 Ms 1958 39 J&D 6s 1940 39 6s 1942 f 7 Colorado Cent Pow 5Ms *46-J&D J 105 Colorado Power 1st 5s '53—M&N 106 Colo Utilities 1st 5Ms 1958.M&S 36 Columbia Gas & Elec Corp— Deb g 5s 1952 M&N 100M Deb g 5s 1952 A&O 15 Deb 5s Jan 15.1961 J&J 15 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1954 ser B...M&N Columbus Ry Pow & Light— 1st mtge & colltr 4s 1965.M&N 100 % 100M 108 M Cuban Telep conv 5s 1951 J&J 1st lien & ref 7Ms 1941..M&S 105 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 Detroit Debenture 3 Ms 1946 A&O Debenture 3 Ms 1948 A&O Debenture 3Ms 1956 A&O 20-year 3Ms debs 1958...J&J Consol Electric & Gas— Coll 6s ser A Aug 11962. .M&N 6s series B 1962 Collateral 6s 1957 Consol Gas of Bait 5s F&A F&A 1939..J&J Gen g 4Mb Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3 Ms 1971...J&D Consol Gas Utilities Co— 6s unstamped 1943 68 stamped 1943 _ ser Corp 6% notes, 1940 A..J&D J&D A&O International F&A F&A Certificates of deposit 109M 106 106" 57" 85 Det & Pt Huron Shore Line— 1st gold 5s 1950 J&J Dom Elec Pow 5 Ms 1955 M&S 17 18 3M 3M 95 M 96M 112 111M 112M 111M 112M 4M 4M 1 1 93 92 93 M 20-yr s f 6Ms 1948 17 A&O f Duluth-Superior Transit— 1st 5s 1953 w s 21 M&S / Dumbarton B'ge 6Ms to '49.J&J 85 Duquesne Gas Corp— 1st conv 6sctfs. 1945 M&S15 f 10 Duquesne Light—See Phila Co 58 Duquesne Nat Gas 7s 1948.-J&J Duquesne Trac—See Phila Co Durham Pub Ser 7s A '49--A&O 101 Durham Trac 1st 5s 1941 101 M&S 38 23 83" 82 M 101M 8 71 65 M 39 M 55 East Coast Pub Serv 4s 1948 F&A East Jersey St Ry 5s 1944..M&N 109" 105 108" 108M 109M 100 62 102 66" 64 102 96 M 61 101 90 85 M 93 94 96 94 96 1M 2M 66 100 102 J&J 5s series B 1953 65 97 99 104 102 103 5Ms 1947ser A M&S 1st M & 1st lien 5s 1955 B M&S Easton Consol El 5s 1949 —M&N 106M 107 Economy Lt & Pr (111) 5s '56. J&D 47 Edison Elec Ilium of Boston— 3 Ms 1st M s f July 1. '65.J&J 111 47 47 102 109M 110M 59 M 59 61M 128M 1st m Edison Sault 95 Consol Hydro-Elec Wks of Upper Wuerttemburg 1st 7s '56.J&J / 17 M Consumers Power Co— 1st mtge 3 Ms 1965 M&N 109M 1st mtge 3 Ms 1965 M&N 107M 1st mtge 3 Ms 1967 M&N 108 M 1st mtge 3 Ms 1970 M&N 108M 1st mtge 3 Ms 1966 M&N 105M 25 107M 109 109M 106 M Pow Corp (Germany)— M&S lsts f 6Ms 1950 1st sink rund_6Ms 1953—A&O Electric P & L Deb 5s 2030.F&A Eliz Plainf & Cent J1 See Eliz & Rarltan RivVPublic Serv Eliz & Trenton RR I Corp Elmira Water, Light & RR— 1st & 110 Y G Elec4Ms, 1961 A&O con g 58 1956 M&S m 58 1950 ser A J&J 1st & ref m ser & Basis. / J&J 26" 104 35 89 91M J&J 992#sa 100 1st M coll tr 6M8 ser A'56_A&0 83 M 83 84 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 5b 1978 J&D Georgia Ry & Electric— Atlanta Cons St 5s 1939..J&J Atlanta Northern Ry Co— 1st guar 5s 1§54 op 1990-J&J F&A 89 Vs 120 M&S 1st lien coll tr 5Ms 1942—M&N 85 90 M — «. - — 104M 104 63 M 104M 65 96 100 21 101 14 77 78 99 100 74 J&J 55 59 Great Northern Power— 1st 5s stamped 1950. Green Bay & Miss Canal— F&A Mountain M&S Power 107M 103 M 108M Corp— 102M J&D 4Ms notes 1940-1953 J&D b 95 M Greenwich Wat & Gas System— Col tr 5s 1952 series A A&O 101M A&O 101 53 103 M 103M to 104 103 M 103 58 . 104 M Co— A&O ioi" 98 Extl g s f deb 7s 1935—-M&N / Hamburg (Germany) Elev Undergound & St Rys 5Ms'38-_J&D / 19 19 68 M 99 69M 108M 108 M 100 109M 109 Elec Co— — 23 M Hamilton Gas 6 Ms Aw w '37 J&D / 52 107 M Harrisburg Gas 5s 1970—M&N Havana Elec Ry 5s 1952—F&A / 43 5 Ms (Sept'31 coupon)'5l-M&S / M Hempstead & Oyster Bay— 97 Water 6% July 1 serially Hest Man & Fair Pass Ry—See P hil R T 29 Holyoke Street Ry inc 5s 1945 Home Tel & Tel (Ft Wayne;— 105 M 1st 68 series A 1943 ...J&J 105 1st 5 Ms series B 1955 A&O 40 40 54 "M 32 _ 108 110M 102M 104 Hoosac 101M 12M 1947—M&S / 99 M Houston Elec 1st 6s B 1950.J&D 101 Houston Gas Securs 5s 1952.M&S 108 Houston Gulf Gas— M&S 101M 106M d Called May 13 98 101 98M Hamburg (Germany) 100M A 1952..J&D 5s 1952 98 104 103 111M Empire Gas & Electric Co— * Called Sept. 1 at 105. t Called June 1 at 105. x Called June 1 at 104. z J&D General Gas & Electric Corp— Scrip 4s due 1942 General Public Service Corp— . 101M at 100. 103 - - - — Valley Street Ry— 1st ext 6s June Coke jt 1st & ref 5s'41 opt-M&S Nominal, A&O IstM & ref 4s ser O 1960—A&O 1st & ref 4s O 1966 (new).A&O Empire Gas & Elec and Empire n J&D 3Ms series A 1969-. 1st mtge 6s 1945 Empire District Elec Co— Gen & ref 6s f f g 5s Gulf States Utilities Co— 99 El Paso El Co— 1st 1.25% 1.75% 2.00% 60 M&S Elec Ry— 1954 opt A&O / 89 Gandy Bridge (Tampa)— 1st mtge s f 5 Ms 1957—-A&O 95 Gary Electric & Gas Co— 1st lien coll 5s x-w 1944 97 M J&J 5s with warrants 1944.-J&J 100 25 Gary Rys Co 6 Ms ser A 1945 F&A 23 Gary Street Ry 1st 5s 1937—A&O Gas Co of NewMex 6 Ms '44 M&S 97 Gas & El of Bergen Co 5s '49 J&D 123M Gen 5s Nov 1.1954 126 M&N s Gulf Public Service Edison El 111 (N Y)—See N Electric Ferries 7s (w-s) '41-A&O Elec & Peoples. See Phila R T Electric 61 1st s f 6s 1957 Galveston-Houston 2.40 2.50 Col tr 58 1952 series B A&O Gulf Coast Water 1st 5s '48-F&A 118 46 2.00 Equip trust 4Mb to 1941—F&A Equip trust 4 Ms to 1943.-M&S Equip trust 4s to 1946 M&S FuIIerton-Port8mouth Bridge— Gulf Power 1st 5s 1968 107 % 106 46 77"* 99 M 1st & ref M 3Ms 1963 65 103 100M 126M 86 73 Florida Telep 1st 6s 1945—A&O 2d 6s 1954 -J&J Fontana Un Wat 6s 1935.-J&J Fruit Growers' Express— Green 61 106M .107 M 106 M 46 99 M 84 M 98 M 1st &ref 4Ms 1953 100M Eastern Shore Pub Service Co— 106 99 M 1st sf 4Mb 1956 Great Lakes Utilities Co— M&S 5M8 series A 1951 89M 83 M 69 M 1st mtge & coll 6Ms C55-A&0 General Water Wks & El Corp— 1st lien & col 5s 1943 ser A. J&D J&J Eastern Michigan Rys— 1st. mtge coll tr 7s 1958: J&J Adjt 6s due July 1958 A&O Eastern Minn Pow 5Ms 1951 M&S Eastern Oregon Light & Power— 9 83 93 M 97 60 M 99 4Mb 1948 A._ 96 92 M 95 M 1st m & coll tr 4s A 1956.M&S Eastern Iowa Pow 6 Ms 1943-M&S Eastern Lt & Pow s f 5s 1964 M&N Eastern Mass Street Ry Co— m 104M 25 1st mtge 4s series O 1966..J&D Sinking una debs 5s 1946-J&D Florida Pow & Lt 1st 5s '54.-J&J Florida Public Service Oo— 1st 4s series O 1955 J&J 1st M 7s 1944 1st & gen 6 Ms 1950 Great Lakes Power Ltd— Ref 102 M 68 M 17 Kootenay Pow 1st 7s '42.A&0 Ref m 5s 1948 B J&J Ref 6s Jan 1948 ser C—M&S 15 Ref 6s series D Jan 1 1948.A&O Ref 6s series E Jan 1 1948.A&O 127M _J&J / East Prussian Pow 6s '53 J&D Eastern Gas & Fuel Assoc— E. 131 125M 110M — Gesfurel 6s 1953 x w J&D Grand Rapids Gas L 5s '39.F&A Grand Rapids Ry 1st 7s '39-M&N Great Cons Elec Pow (Japan)— 112 108 92 Federal Water Service Corp— Oonv deb 5Ms 1954 M&N Oonv deb 5s 1953 Conv deb 5 Ms 1939 General Public Utilities— 89 Dominion Gas & El 6 Ms '45.J&J Dortmund Munlc Util (Germany) 101M 90M 101M 103 M 1st lien g 6s 1942 stpd M&S Debenture 6s 1954 ser B__ J&D Pass Ry 5s May 1 1942 108 12 105 M&S i Gatlneau Pow 1st 5s 1956 S f debenture 5s 1949 4M 4M M H 107M Stamped 1st M 87 107 M 109 88M 50 Bridge— 1st mtge s f 6 Ms 1952 Certificates of deposit 8 f deb g 7s 1952. Ry 5s 1941 A&O / 1st lien col tr 5Ms 1957...M&S Florida Power Corp— Certificates of deposit 1st 5s, 1966 M&N Detroit Edison— 101 Vs 101M 100M 5s 1967 45 20" Federated Utilities Inc— 40 109 M 109 M 1st lien 5s 1962 stamped. _J&J Consol Edison Co of N Y— 69" Danville Tr & Pow 1st 5s '41.J&J 38M Darby Med & Ches Ry—See Pbila R Tran 47 Darby & Yeadon 4 Ms Dawson Ry & Coal 5s 1951—J&J 102 Dayton Power & Light— 1st & ref M 3 Ms 1960 108M A&O Delaware Electric Power Co— Deb 5 Ms 1959 J&J 104M Delaware Power & Light Co— 1st M 4Mb 1971 108M J&J 1st mtge g 4 Ms 1969 105M .J&J 1st mtge g 4Mb 1969 107M J&J 54 Delaware Vail Util 6s 1952.M&N — „ „ 109M 67 M 42 M 42 M 107 Connellsv Wat 5s Oct 2 '39.A&0 Consolidated Cities L P & Tr— 32 1st mtge 3Ms 1967 F&A Dallas Ry & Ter 1st 6s 1951.J&J m . 1st mtge s f 6s 1953 M&N Certificates of deposit. —r— Conv s f deb 6 Ms 1948. M&N 41 42 109M 107 M 1951...J&J Stamped guaranteed opt—J&J Conn Riv Pow 3 Ms ser Ar61 F&A 30 Ltg 1st 36M 130 J&J A&O / 18 107 M A&O od'l Pow & Lt 6s Nov 1,1965— / Federal St & Pleasant Valley 107 8 109M 1st mtge 3 Ms ser I 1968--J&D Conv debenture 3 Ms 1958.J&J 3 Ms (interest waived to & incl. Conn Ry & Lt 4Ms 106 108M 108M 106M 1956—-J&J * Cumberland Co (Me) Pow & Lt 1st mtge 3Ms 1966 A&O Cumberland Gas 6s w-s 1948M&N Dallas Power & Light— Erie Ask 109M Fall River El Lt 3Ms 1968—M&N Federal Light & Traction— 1st 5s (Amer series) 1942.M&S 1st 5s (Internat ser) 1942..M&S 89M 107M 106M 109M 1st & coll trust 5s 47 88M 107 Ms 106 M 106 1st & ref M 3 Ms ser G '66-J&D 25-year deb 3Ms 1956—-M&S Connecticut Power— 75" 45 Stamped as to Pa tax Denver Tramway Corp— Gen & ref 5s 1950 ser A J&J Des Moines Ry 1st inc 5s Jan 1 '55 Detroit & Canada Tunnel— 109 Commonwealth Light & Power— / 4 Com'w'lth Tel (Pa) 5 Ms '45 M&N 79 Com'w'lth Tel (Wis) 4s A '66 M&S 104 Community Power & Light Oo— Col M 5s 1957 M&S 81M Community Pub Ser 5s I960-J&J d 100 1st mtge. 4s 1964 M&S 100M Community Teleph 5s Jan 1 1949 f 5 Community Water Service Co— Deb g 6s 1946 ser A 70 J&D Deb g 5Ms 1946 ser B...M&S 64 M 37 M Oonestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J 50 Connecticut Light & Power— 1st & ref s f 7s *51 ser A. .M&N 129M 1st & ref M 3 Ms ser F '66-M&S 110 Erie & Suburban 109 106 35 20 83 M 95 93 107 M 1st M 4s 1981 ser F. M&S 1st M 3 Ms ser H 1965—.A&O Com'With El 5s June 1 *43-M&S Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948- / Non-cum inc deb 6s (x s) 1948- / 81M Denv Gas & El 1st g 5s '49.-M&N 1st & ref 5s 1951—M&N 105 107 M 114 Erie Oo Electric 6s 1959 Erie Rys—1st 6s 1954 105 72 Public Service Co— Coll inc 6s B Oct 1 ,1954.. J&D Commonwealth-Edison Co— May 15 1939) 1958 96 M 3 Danbury & Beth Gas 6s 1948 F&A 84 City Water (Chattanooga)— 1st M 5s 1954 series B J&D 1st M 5s 1957 series C_— M&N 84" 94 M 83 M Telep 5s 1953--F&A Cooper RivBri'gelnc lst6s'58M&N Copper DistPow4Ms 1956--J&D County Gas of Dallas 5s *46 A&O Crescent 34 Bid Bonds Eauit G & E Utica 5s 1942-A&O Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ms 1953 with war M&N 92 71 County Gas (N J) 5s Jan 1 ,1952. 103 Ask 1 . 100M 101M _ 1st M & col 6s 1943 ser A-A&O Deb 6Ms 1943 with war..A&O / This price includes accrued interest. . 16 102 102M 102 103 k Last sale, 75 PUBLIC UTILITY BONDS MAY, 1939] marked "f" and Income and defaulted bond. closing day of the month preceding the date of issue bond price, are "and interest" except where Quotations for all securities are as near as possible for th° NOTICE—All Houston Light & Hydro-Elec Co (Italy)-— 1st Msf 7s 1952 M&N land Gas & Electric— 25-yr s f 5Ms 1953 ser A—M&S Italian Superpower Corp— Isarco Power 1st mtge 3%s 1966 110 % 109 J&D Houston Natural Gas Oorp— 1st m coll 6s *43 with warr.J&D Hudson Oo Gas 5s g 1949..M&N Hudson River Trac 5s 1950.M&S 104 125% 126% Deb 6s 64 M&S A&O Hydro El Bond & Sh 5s 1957M&N Hydro El Corp (Va) 5s 1958.J&D Hydro Elec Power Commission (Ontario) 3%s 1943 .J&J 4%b due Jan 1.1970 J&J 3 Ms 1947 A&O 2 Ms 1942 A&O 3 Ms 1953 P&A Idaho Power 1st 3 Ms 1967.-A&O 101% 104% loo" 98 James River Bridge 103% 104% 120 122 103 104 ,mes 1st - 102" 108% 111% 108% 101 102 100% 101% B...M&S 103% 99% 96% 1st & ref 6s 1953 series A. _A&O 1st & ref 5Ms 1954 ser B—J&D 1st & ref 5s 1956 ser O ~ 112 62 60 111 Community Tel 6s 1949-- J&J Illinois Power & Light Corp— 103% 99% 96% 91 92% 106" 113 .52 53 51% 52% M 17 97 100 60 62 79 SO I Indianapolis Power & Light— 106% 102 107%| 100 f f Certificates of deposit Sinking fund deb 7s 1938.F&A / Inland Pow & L s f 6s *36 A_M&S / Coll tr s f 6s 1941 ser B—M&N / Coll tr 6s 1957 ser A&O O 49 49 8 Interborough Rapid Transit— 1st & ref g 5s '66 op tax-ex. J&J Certificates of deposit 6% notes 1932 A&O Certificates of deposit Conv g 7% note 1932 M&S Certificates of deposit 52 17% 17% 17,H I -J&D f A. Deb s f 7s 1935 Inland Telep 1st 6s 1948 102 52 98 10% 18% 18% 18% 59 8* { Debentures 6s 1948 1st M coll tr 5 Mb '53 ser 81% 82% 42 1st extend 4s 50 Ref & impt g 5s 1960 1st extend 5s 1945 34 36% 78 83 56% 60% Deb 5s 1955 60 43 59% 42% 8 f Interstate Pub Serv Co- 99 lst & ref 4Mb 1958ser P. / 88% 83% % Interstate Telep Co— 104 98 Investors Telephone Iowa Electric Co— 48 3s 1961. 95% 90 113% 106% / 30 1 Iowa-Nebraska Lt & Power- 100% 100% 107% 104% 92% Ik 1st lien & ref 5s '57 ser A.. ? 1st 1 & ref 5s 1961 ser B._ Deb 5s 104 • 99 57% 61% 102% 105 f 5%s 1952 ser 100 86% Lexington Ry 1st 5s 1949 Lexington (Ky) Tel— 1st M 6s w w 1944 102 102 103% 89% 87% Gas s 99% 95 97% 99% 98 166 15-year Gen s J&D / f 7s 1941 19 104 A&O 1956-A&O 103% 105% 99 B 1966 J&J O 1967-J&J El Pass Ry— 108 103 Rapid Transit Market St Ry (San Francisco)— 1st s f 7s 1940 ser A Q Jan Maryland Light & Power— 1st M 5 Mb 1950 ser A J&J Maysville P Serv 5 Ms A 1942A&O Memphis Power & Light Co— 1st & ref 5s 1948 ser A J&J 1st & ref 4Mb 1978 ser C-.A&O Memphis Street Ry— 3-5s series A1945 A&O 3-5s series B1945 Ann April Meridionale Electric Co— lstsf 7s 1957 ser A A&O See Phila 55 96 98 92 101 100% 99% 101 30 % 34 10 58 62 111 106% 109 % 88 Metropolitan West Side "L"— 1st gold 4s 1938 F&A Exten gold 4s 1938 J&J Mexican El L 1st M g 5s *42. J&J Mex Lt & Pow 1st 5s '40 s f__F&A Mexican Utilities 7s 1939 A&O 7% 107 111% 91 11% 8% 23 23 35 40 Miami Bridge— Income deb 6s (whs) Mar 1952 Michigan Associated Telep Co— 1 st mtge 4s ser A1968 M&N Michigan Consolidated Gas— 1st mtge 4s 1963 M&S 4% notes 1939-1948 F&A Mich Fuel & Lt 6s A 1950—.J&D 106% / 67 105% _ 105% 10 12 1 84% Michigan Gas & Elec Co— 1st &: ref 6s 1943 1st M 5s 1956— 85 51% 48 51% 54% 41 4o 41 45 101% J&D J&D J&D 1 F&A / 94 95 97 % 56 98% 5s 18 '55 J&J 104 1950 Middlesex Water 5 Ms J&J 1957-A&O .M&S Midland Util deb 6s 1938Milwaukee Gas Light Co— . 110% 100% 1st M 4Kb 1967. M&S Minneapolis Gas Light Oo—_ 1st mtge 4s 1950 J&D 57% Minnesota Northern Power— 95 Montana-Dakota Utilities i Joint 7s 1944 A&O Minnesota Power & Light Co— 102" 1st & ref 5s 1955 J&D 1st & ref 4Kb 1978 M&N Mississippi Power Co— 102 1st & ref 5s 1955 M&S 101 102 78 79 87 56% 93 19% 99 109 90 124 80 107 39% 98% 106 106% 100% 101 103% 99 % 103% 90 Mississippi River Pow 5s '51 -J&J Deb 5s May 1, 1947 M&N Missouri Edison 1st 5%s *47 J&D 60 103" 100 91% 98% J&D 1st M 5s 1957 41 98 Mississippi Power & Light— 105 101% 87 Utilities— Middlesex & Somerset Trac— 110 110 98 97 5s ctfs of deposit 1935 Middlesex Elec Lt Pow 5s 72 103% 55 M&S Middle West 16" ---- 98% 97% 101% to 97 % J&D Michigan Public Service Co— 1st g 5b 1947 ser A __A&0 Middle States Util 6s A1951 A&O Middle Wesfn Telep 6s '43.-J&J 80 109% 110 104 96 98"" 87 Missouri Gas & Elec Service 107"" 94% 80% 105 106 F&A 80 1st 4-5s 1956— Missouri Power & Light— 50 90 A&O 85 1st mtge 3%s 1966 J&D Missouri Public Service Co— 51% 107% 45 1st 83 s f 5s I960 Missouri 107% 106% 82 Telephone— M&S 4%s series O 1961 J&J Missouri Val Pub Ser 6s *39 102 % 8 Mobile Gas Service Corp— 1st 5s 1956 95 98 86% 85% 88% 87% 106% 106% 108% 109% 1st cum inc 9s ser A&O Mob Lt & RR Cons g 5s '41-M&S Mohawk Valley ref 6s 1991 M&N Debenture 6s 2031 A&O Monmouth Cons Wat 5s *56. J&D Monongahela Light & Pow Co 1st M 5s 1949 J&D Monongahela Valley Water— 1st M 1950 series A..J&J Monongahela West Penn Pub Ser 1st & gen mtge 4Mb I960-A&O Debenture 6s 1965 A&O 120 97% 60 103 A&O A '56--A&O Income 7s 1956 Light— f g 6 Ms 1944 50 Metropolitan Edison Co— 1st M 4Mb 1968 ser D—M&S 1st M 4s 1971 ser E M&N 1st mtge 4s ser G 1965 M&N Metrop Edison Corp 6s '61-M&S Metro Wat Sewer—See Fgn bds 99 F&A Lower St Lawrence Power— 1st s f 5s ser A 1955 A&O 104% 99 A&O s Market Street 102 1st mtge 4Mb ser A 1966.M&S Lower Austrian Hydro-Elec— 1st 88" 98% M&S 45" Lexington Util 1st 5s 1952. _F&A 60% LexingtonWat PowColst5s'68J&J 43 Conv deb 5 Mb 1953 J&J 12 Lincoln Gas & Elec 5s 1941 ..J&D Lockhart Power 4Mb 1955--J&D 101 Lombard Elec Oo (Italy)— 89% 1st extl 7s 1952 —J&D 84% Lone Star Gas 3 Ms debs '53 F&A Long Beach Gas 1st 5s '56--J&D Long Island Lighting— Secured g 6s 1945J&J 100 Conv deb g 5 Ms '52 ser A. A&O 51 Long Island Water 5 Ms '55 M&N Los Ang Pac Co—See Pac El Ry 96% Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 1st & ref s f g 5s 1940 113% J&D 1st ref s f 5s ser A 1948 A&O 39" 1st ref s f 5s ser B 1950.-_A&0 Louisiana Pow & Light Co— 1st mtge 5s 1957 102% J&D 102 Louisville Gas & Elec Co (Ky)— 1st & ref M 3 Ms 1966 M&S 105% Louisv Ltg 5s '53 unstmpd-.A&O 94% Louisville Ry— 2d 4Mb 1940. 105% M&S 101 General 5s 1950. F&A 100% 82 B—J&J . J&D Leipzig Overland Power— S f mtge 6M8 1946 M&N / Lewiston Gas Lt 3 Ms C '56. A&O Lowell Iowa Southern Utilities— 1st & ref 5 Mb 1950 1945.^ 93 92% 100% 1st mtge 3 Mb ser A 1966--A&O Lancaster Co Ky & Lt 5s 1951 J&J 40 98 93% 93% 103 Lake Sh Gas 1st 5 Mb 1950.-M&N Lake Superior Dist Pow— 40 International Telep & Teleg— Deb g 4 M 93 93 f 44% Ji 94 104 F&A 1942—F&A Telep 5Ms 1948.-J&J Lehigh Power Securities— Deb g 6s 2026 ser A Lehigh Valley Transit— 95 92% C F&A D F&A 1% 10 103% 96% F&A / F&A f A&O A&O Laclede Gas Lt 5s 1939 Ret & ext 5s, 1942 La Crosse 37% Buff Trac 1st 5s 1948 92 ^ 1951 78 30% 68 coll notes ser B 100 t 9% / 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 Ms 1954 - J&J Kingsh'way Bdge6%s 1962.A&0 Kokomo Water Works— 1st 5s ser A 1958 J&D Lackawanna & Wyoming Val RK % M<5 74 M&N 57% 94 1962 s Ref & gen 4s series _ 1st col&ref 5Msl960 ser 6s coll notes ser A 1942 97 Ref & itnpt 3-5s 1st M 95 82 Mannheim & Palatinate Elec Cos 27% 110% Light Co—• 32 56% 53% Intercontinents Power Co— Debs A 6s 1948 J&D / International Hydro-Elec System Conv deb 6s 1944 w w A&O 103% 111% 109% 5s 24 83 J&D 2013 104% 35 / / f 2d gold 4s 5 42 40} 25} 39 Manila Elec RR & Ltg Corp— 1st lien & colltr 5s 53 M&S Manitoba Power Co Ltd— 1st M s f 5 Ms '51 ser A—J&J 5 104 1st & ref 5 Ms 1955 ser A—J&D 1st 1 & ref 6s 1951 ser B—A&O 89% 88 / 29 104% 1st 3% 41% Cent Hanover Bk ctfs of dep. 102 1947—M&S 1st M 5s 1978. 6 3 - 106 f 5Ms 1956 Maritime Tel & Tel— Ref & gen 6-4 Ms ser Kewanee(Ill)Pub Ser 6s A 49 J&J Key West Electric 5s 1956—F&A Keystone Pub Serv— 57" 107% 106 J&J 104% 1st mtge 4Mb 1952 Maritime Electric 4 Ms Keystone Telephone Oo— 100% 55 Indianapolis Water— 1st mtge 3 Ms 1966Indianapolis W W Sec Co— 35 5 123 1966-J&D Ctfs indebt 2s 1958—---J&D Kentucky Power & Light Co— 1st 5 Ms series A 1942 M&S 1st m 5Ms 1948 ser B M&S Kentucky Utilities Co— 1st M 6 Ms Sept *48 ser D M&S 1st M 5%s 1955 ser F A&O 1st M 5s 1961 series G F&A 5s series H 1961 F&A 1st M 5s 1969 ser I F&A 1st 68 series K 1957 -M&S Keokuk Elec 6s 1945 - M&N 102 3s serial notes 1939-1941.. 30 33 An Oct A&O 2d income 4s 1963 w s—Ann O Manhattan Ry con 4s g '90- A&O Gen s f 7s ww 1941 120 M| ser A 1st mtge 4Mb 80 111 f 42% Marion-Reserve Power— 1965 - - - --M&N Kentucky El Pr lstsf 6sl960J&J Kentucky Fuel Gas Corp— / 1st 6Ms 1942 with warr__J&D Kentucky-Ohio Gas Co— 77 J&D / 1940 20 _ , 107 Kansas Power & 91% 109% 105% conv notes 4 A&O f 6 Ms serA 1941 1st income 3-6s 1957 w s s 105% 100 90% 6% 26% 101 Indiana Hydro-Elec Power— Indiana Telep 5s A 1960 41% 95% 105" Madison Rys 1st g 5s 1936.-M&N Manchester Terminal— 1Q80-—,=--«[&jl} 99% 1st 1 & ref 5s 1963. ! Indiana & S W Gas & Util— 43 105 1957--—J&J 1st mtge 4Mb Kansas Power 1st 5s 100 Indiana Pr 1st 7%s *41 A .M&N Indiana Ry & Lt 1st 5s 1943. Indiana Service Corp— 1st & ref M 5s Jan 1, 1950. 42 1% Ask — 1st Kansas Gas & 68 Indiana Electric Corp— Indiana Gas Utilities 5s 1946.J&J 44 Bid Bonds Luneburg Pow L & W W (Germ'y) 18 1st M s f 7s 1948 M&N f Luzerne Co (Pa) Gas & Elec— 108% 1st ref&imp g 5s'48 op'13 A&O 108 1st & ref 6s 1954 M&S 108 Debenture 7s 1944 J&J 103 MacLaren-Que Pow 5 Ms Febl'61 105 5 Ms series B 1964 M&S 94% 1st s f 4s ser A 1959 M&N 95% Macon Gas 1st mtge 4Ms '52-J&D 102 Macon Ry & Light 1st 5s '53-J&J Electric— Deb gold 6s 2022 ser A.-M&S 106% / 95 1% / Kansas Elec Power— 1st mtge 3 Indiana Assoc Telegraph— 1st mtge 4Mb ser B 1965.. A&O Indiana Central Telep Oo— O 1st ref 4s series 87 86 36% 41 Jamest'n 101 62 (NY)Telep 5s 1954 J&D Jersey Central Pow & Lt Corp— 104 1st & ref 5s 1947 ser B P&A 105% 1st M 4Mb 1961 ser O—-J&D Jer City Hob & Pat—See P S Corn f 27 Johnstown Traction 4s Dec: 31 62 / 3 Cons mtge 3s B Dec 31 1962 105% Joplin W W 1st 5s 1957.-—M&S 102% Kansas City Gas 1st 5s 46--F&A 110 1st 68 series A 1942 F&A Kansas City Pub Service— 101% Illinois Bell Tel 3 Ms B 70—A&O Illinois Commercial Telep— 1st 5s series A 1948 —M&S Corp— 1967 *'&•' River Bridge System— 2-6s, 1967-----------J&J Income 2-6s 44 92 1952 M&N / Inc deb 6s ser A w s - 35% r63 (without warr)_J&J 1st 6s series A 99 Ask 60 (Mo) Lt H & P— 1956 J&D Jacksonv (Fla) Gas— 5s stamped 1942 -----J&D 103 1st M 5s 1954 ser B 1st 5s ser O 1962 41 ckson County Hunt'g'n Wat 1st M 6s '54A M&S 1st mtge 5s 1960 ser Bid Bonds Ask Bid Bonds 104 Montana-Dakota Ext 20 90 72 62 61 90 80 90 96 97 119 103 109% 101 % 109% 101% 100% 100% 97 % 97% Power— J&J 1st 5%s-6%s 1944 Montana-Dakota Utilities— Conv deb 4%s 1946 Montana Power— 96 91 A&O 1st & ref mtge 3%s 1966.-J&D Montreal Isl Pow 5%s 1957 M&N 104 Montreal Lt Ht & Pow Consol— 3% conv s f 3 %s 1963 & coll 3Ha 1973 1st & coll 3%s 1st » i (Basis. / Th is price includes aecrued inter est. Jt Last sale, n Nominal, r rianadian nric.e. , ^J&J 1956.ifc/.F&A '--J&J deb reg 1939 1st & coll tv/t -t 1 k J&J 50 % 50% 103% 101% 100% 104% 102% 101% 76 PUBLIC UTILITY BONDS NOTICE—All bond prices art "and Interest'* except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Montreal Tramways— 1st & ref g 58 1041 opt J&J Gen & ref 5s 1055 series A. A&O Gen & ref 5s 1055 ser B A&O Gen & ref s f 4Ms *55ser O A&O Gen & ref 5s 1055 ser D.A&O Morgantown Water 5s 1965—J&J Mount Hope Bridge 5s 1069.J&D 2d income 8s Dec 15 1960 _ Ask 93 M 94 M 75 79 75" 105M 77 / 20 94 M 96 M 97 M Mountain States Power Co— 95 M 107M 30-yr 3Ms debs 1968 J&D 105M Muncie Wat Works 5s 1965.M&N Municipal Gas & EI Corp of 18 Recklnghausen 7sl047 J&D / Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—See West Un Tel Narrangansett Electric Co— 1st mtge 3 Ms 1966 108M J&J Nashville Gas & Heating Co— 87 M 1st 5s 1951 M&N Nashville Railway & Light— Cons g 5s 1953 opt 1908 100M J&J Ref & ext gold 5s 1958 100M J&J Nassau El RR—See Bklyn Queens 83 M Nassau & Suff Ltge 5s 1945 F&A 108 stmp '39.J&J Nebraska Pow 1st 4Mb 1981-J&D Deb 6s 2022 —M&S Nev Calif Elec 1st 5s I960 A&O Deb 6s July 1941 J&J New Amsterdam Gas—See N Y 109M 89 :::: 85 3M /„ H 90 91 108 99 H 38M 110M li2~~ 120 M 79 98 120M 79 % G E L H & P Newark Cons Gas con 5s *48.J&D Newark Gas 6s Apr 1 1944 Q-J New Brunswick (NJ) Lt H & Pow 4s Dec 15 1939 J&D 124M Newcastle (City of) W 5s '41 J&D New England G & E Association 101M Deb g 5s 1947 Conv deb 5s 1948 119 100 J&D 61 ..M&N Convertible deb 5s 1962 J&J New Engl Pow Assn 5s 1948.A&O Deb 5Ms 1954 J&D New England Power— 3M« 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 61 59 62 90 93 M 94 Conv deb 6s 1950 1st s f 4Ms 1956 New Haven Water— J&J 1st & ref 4Mb B 1970 r M&S 109M 1st & ref 5s 1952 series A A&O J&D 110M 117M 60M 108M 101M loo" 99 91 — 106 106 — .19 103 M 103 Vs J&J 103 Vs 103 Vs 100M 95 — - J&J 101 91 - 93 86 - 105 M&N New Rochelle Wat 5 Ms '51-M&N 1st 5s series B 1951 M&N N Y Cent Elec 1st 5Ms '50.M&S 91 Newport Water 5s 1953 1st 5s 1952 N Y & East ...J&J River Gas—See NYGELH&P New York Edison Co— 1st 1 & ref 3 Ms ser D 1965. A&O 1st lien & ref 3 Ms ser E'66 A&O N Y Gas Elec LH&P Co— 1st g 5s Dec. 1 1948 J&D Pur mon coll tr 4s 1949—F&A Ed El 111 N Y con g 5s *95 J&J New Amster Gas 5s 1948.-J&J NY & ER Gas 1st g 6s '44—J&J Con 58 1945 J&J NY&Westch Ltg 4s 2004.-J&J Deb g 5s 1954 op guar.. J&J N Y Power & Light Corp— 1st mtge 4Mb 1967 A&O N Y & Queens Elec Lt & Pow— 105"" 103 99 Prior lien 6s stpd 1958 J&J N. Y. & Richmond Gas Co— 1st ref M 6s 1951 ser A..M&N N Y State El & Gas Corp— 1st mtge 48 1965 1st M 4Mb 1980 1st 4Mb 1960 New York State Rys— 1st con 4 Ms 1962 ctfe 1st con 6Ms 1962 ctfs J Called Aug. 1 at 100 109M — 56 50 103 M 102 M 1st coll & ref 5 Ms '48 ser A. J&J North Penn Gas Co— 1st M & lien 5Ms 1957-—M&N 104 M 103 M 105 97 M 3M 47 H 50 106 Northern Indiana Pub Serv— 1st & ref 5s 1966 ser O M&N 1st & ref 5s 1969 ser D M&S 1st & ref M 4 Ms 1970ser E J&D Nor Indiana Telep 4 Ms '55-M&N Northern N Y Utilities Inc— 1st lien & ref 7s 1946 A M&N 1st lien & ref 0s 1947 B.. .M&N Northern Okla Gas 1st 5s '46-J&J Northern Penna Power Co— 1st & ref 5s 1956 ser A J&D 1st & ref 58 1962 A&O Northern States Power Co— 107M llo"" 105M 104 Vs 105M 104M 105 62 129 127 128 M 102 105M 105M 105 107 108M opt—-J&J / 108 M 107M 108 M 24 Utilities Co— M&N 78 M 79M 56 M 17M 55 M 16 Northwest Louisiana Gas— 1st M 6 Ms 1936 with warr_J&D / 9 Northwestern Electric— 1st 6s stamped 1945 107M M&N Northwestern Elevated (Chic)— 12 108 I0M 10 M&S / (Loop) 5s £45.-A&O Northwestern Light & Power— 6s series B 1950 F&A Northwestern Power Co Ltdlst M s f conv 6s '60 ser / 1st M 5s ser A 1957 J&J N'western Teleg 1 st 4 Ms '44-J&J Northwestern Utilities, Ltd— 1st ref 6-7s ser A 1949 J&D Nova Scotia Light & Power Co— 1st M s f 4s 1957 84 72 72 99 M 100 100 101M J&D NY PA NJ UtilitiesDeb 5s 1956. 11M 10M 82 A.J&J / Certificates of deposit... Northwestern Pub Serv Co— 102 F&A 67 102M 70 J&D / 17M Ogden Gas 5s 1945 _M&N 108M Ohio Assoc Telep 4 Ms 1966.J&D 105M Ohio Cent Telep 1st 6s '47.-J&J 100M Ohio 124M 116M 141M 118M 114M 108M 109M —— 119M 115M 114 115 108M F&A 103 113M 107 107M 110M 105 M 105M 75 109 .81 J&J 83 . 107 101 101 102 F&A 100 M 100M M&S M&S 102 M 103 103 M 104M 5M 5% 6 Basis. 50 55 112M 112M 110M 108M 112M 15M 84 H 108M 109 M 101M 20 104 Paterson Ry—See Pub Serv Corp Pecos Valley GasextO Mb '44M&N Pecos Valley Power & Light Co 1st extended 6M« 1950--M&N 65 Non-cum inc deb 6s 1950.M&N / Penn Central Light & Power Co— 1st & ref 4 Ms 1977 M&N 94 M 1st 5s 1979 M&N 124 95 15 100 Penn-Jersey Water— coll 5 Ms 1960 F&A 96 Penn-Ohio Edison CoDeb g 6b 1950 ser A ex-w.M&N 105 Deb 5 Ms 1959 ser B F&A Penn Public Service Corp— 1st & ref 6s ser O 1947 M&N 1st & ref 5s series D 1954-J&D Pennsylvania Electric Co— 1st & ref 4s 1971 ser F M&N 1st & ref 5s ser H 1962 A&O 101M 109 107 101M 106 Pennsylvania Gas & Elec Co— 1st 1 & ref 5Ms '55 ser A..M&S 1st L &Rv 5s 1958 M&S Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A M&S 81M Pennsylvania Pow & Light Co— 1st M 4Mb 1981 A&O Pennsylvania State Water Corp— 104 H 1st coll trust 4Mb I960—M&N Penn Telep 1st M 4s 1965._A&O Penn Water 1st 3 Ms A '67—F&A Penn Water & Pow a f 5s "40. J&J 1st ref 4Mb 1968 aer B M&S Penn Wat Serv 5s ser A '67-F&A Peoples Gas (N J) 1st 5s '68-J&D lsts f5M« I960 J&D Peoples G & Fuel 6 Ms ww'37 A&O People's G L & Coke, Chicago— 1st cons g 6s 1943 A&O Refunding gold 5s 1947 M&S 1st & ref 4s 1981 ser B 1st & ref mtge 4s ser D *01 J&J J&D Mutual Fuel Gas g 5s' 47 M&N Peoples Light & Power Corp— 1st lien 5Ms 1941. J&J Conv deb 5s - 1979 88 78 98 M 107 106 103 106M 82 M 72 75 13M 115M 114M 93 M 95 H 114M 100 J&J Peoria Water Works Co— 1st consol 4s 1948— Prior lien 5s 1948 1st con 5s 1948 12 J&J 1st lien coll 3 6s 1961 81 82 98 M 90 94 M M&N M&N M&N F&A Company— 2d Ave Tr 1st 5s 1934 J&D So Trac 1st & coll tr g 5s'50A&O United Trac 5s 1997 ctfs.-J&J 103 104 108 M 103 M 108M 104M 105M 99 M 105M 99 % 96 M F&A 95 Oklahoma Ry 1st & ref 5s '41-J&J 27 Income 5s 1990 : 3 Apr 1 / Old Dominion Pow 5s May 15 '51 64 M Omaha & Council Bluffs St Ry— 1st extd 4s 1947 J&J 62 Ontario Pow 5s *43 op to *13-F&A 112M Ontario Transmission Co Ltd— 1st gu g 5s '45 opt bef T0.M&N 115 97 M 97 31 5 66 65 112M con 5s '38.J&J Philadelphia Electric— 1st & ref mtge 3Msl967—M&S Philadelphia Elec Power Co— 1st mtge 5Ms 1972 F&A Phila & Garretsford St Ry— 1st 5s 1955. F&A Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f— -F&A S f guar 5s 1962 M&S 6s gold 1962. M&S — 1st m r e 6s 1944 J&J Darby Media & Ches St Ry— 1st 4 Ms 1930 J&J f »—i t- o o X £ 101M 8 111M 12 75 80 "8"~ 4 6 7M 110 110M 112M 113 52 54 75 M 78 71 76 M 89 77 M 19 21 92 People's Traction Co— P P Ry tr ctfs 4s '43.F&A / Union Traction 4s 1952-J&J 48 . 90M 7M 52 91M 8 _ / This price includes accrued interest. A Last sale, n " 7 6 Hest Mantua & Fairm— 1st extd 5Msl939 M&N Market Street Elev Pass Ry— 1st g gu 4s 1955 M&N Union Traction— Elec & Peo 4s tr ctfs '45-A&0 / 6M 6M M&N / M&N / 51 30 & Passaic Gas & Elec consol gold 5s 1949 M&S Paterson & State Line Traction— 5s 1964 J&J West End Trac 103M 1st 5s series B 1949 30 9 104 102 M Paterson Duquesne Trac 1st 5s '30-J&J Pittsb Rys 5s 1953 A&O 70 Valley Water 5s 1954...J&J Ohio Water Serv 5s A 1958.F&A Conv deb 5s 1946 M&N Oklahoma Power & Water— 1st M 58 1 948 ser A F&A 105M 101M Secured gold 5s 1967 —J&D 101M Ardmore Street 5s 1958.-A&O / 6 111 M Duquesne Lt 1st 3 Ms '65. J&D 5s 1942 J&J 100M Ohio Term (Cleve) 6s 1947.-J&D / 38 Ohio Valley Gas Corp— • Oklahoma Gas & Electric— 1st mtge 3 Ms 1966 J&D Debentures 4s 1946 J&D Oklahoma Natural Gas— 1st mtge 4 Ms ser A 1951-M&N 103M Telegraph— Ref mtgle3 Ms ser B I960. .A&O Ref mtge 3 Ms ser C I960-J&D Parr Shoals Pow 5s 1952 A&O Paterson Ext extd 5s 1950---J&D Philadelphia 1st -• deb 6s 1950 M&S PacificPower & Light Co— 1st M 5s 1955 .F&A Pacific Teleph & 1st & ref 5s 1950 100 Okanagan Tel(B C)5Ms '56.J&J 106 107 M Ohio River Bridge & Ferry— 1943 Conv Peoples Telep (Butler, Pa)— 4s 1900... —J&D Peoples Tract—See Phila R T Peoples Water Service (Md)— 1st lien 6s A 1949 w w F&A 104M 101M 100M Ohio 98 100 Pacific RR— mtge 5s 1943-M&S Electric Co— 6s 1941 ser B.J&D 1st &refM 4s serG 1964. -J&D 1st & ref M 3 Ms ser H *61 J&D 1st & ref M 3 Mb ser 11966.J&D Pacific Light & Power Co— 1st 5s, 1942 J&J Pacific Northwest Pub Serv— 104 106 % 103 M F&A 1st 6 Ms 1943 (with warr) 84 M Peoples Light & Power Co— 107M 7 Ms Los Angeles 1st & ref Pacific Gas & 1st & ref M 88 M 1st mtge 3 Ms 1968 Ohio Public Service Co— F&A . 107 M 109 M 103 M 106 1st mtge 4s, 1962 Notes— 3s 1939-1940 Angeles Pacific Co— 1st ref g 4s 1950 opt *15--J&J 87 1st mtge 4s 1967 —M&S 1st mtge 3 Ms 1972 _J&J Ohio Elec Pow 1st M 5s '57 .J&D Ohio L & Pow 1st 58 1944.-M&N Ohio Power Co— Deb g 6s 2024 J&D -A&O lstsf 5s 1952 M&S Pacific Coast Power 5s 1940.M&S Pacific Elec Ry g 5s 1942—J&J Refunding 5s 1961 M&S 107 4s 1945-1947 108 M 108 Vs 109M Cities Water Corp— 1st M coll tr 5 Ms '53 ser A.J&J Ohio Edison 1st & con 4s '65 M&N 1st mtge 4s 1961 .T&J 1st mtge 3Ms 1969 M&S Ozark Power & Water Co— 1st 3Ms 1967— -F&A M&S tr s f g 5s 1940 84 M 55 103 % 57 mtge 3Ms 1964 Northern Texas Elec Co— Coll Water Serv— ^ - 107 North Shore Gas Co of Illinois— Joint 1st mtge 4s ser A *42-J&J 83 North Texas Co 3-6s 1957—J&J 53 N'eastern Wat & El 6s 54—F&A 1100 Northern 111 Water 6s 1952 100 J&J North Ind Gas & El 6s *52.-M&N 108 Northern Ask Los North Amer Light & Power Co— S f deb 5 Ms 1958 96 J&J North Boston Ltg Properties 3 Ms secured notes 1947-_-A&O 106M North Carolina Gas 6s 48--M&N / 2 North Central Gas 5Ms 1955 A&O 99 North Continent Utilities Corp— & ref M •» 109M 54 3M-3Ms 1941-42......F&A 3 Ms 1943-1944 F&A 1st & cons M3Mb 1965..M&N New York Rys Corp— AdJ income 6s Jan 1 1965..Apr Bleeck St & F F 1st 4s *50.J&J / B'way & 7th Ave 5s 1943. J&D / 94 M 1st M 5s 1957 ser A J&D Ottawa El Ry 4Mb *48-'55-J&J Ottawa Light Heat & Power— Ref & coll tr 3-3 Ms '39-'48 A&O Ref & coll tr 4s 1957——A&O Otter Tall Power Co (Minn)— Oberpfalz Elec 7a 1946 18 100M J&D / 93 M Newport & Fall River 8t Ry— Consolidated 4 Ms 1954 105 J&J 104 Newport Gas Lt 5s A 1961.-J&D Newp News & Hamp Ry G & E— 1st & ref 5s 1944 127M 125M 115 58 M 108M 1st & ref 5s 1955 series B 5s stamped 1942. Inc 6s Nov 1949 ser A Oregon-Washington 102M 109M 1st mtge 5a 1941 opt 1st gold 4s 1950 M&S N J Pow & Lt 1st 4Kb '60 A&O New Jersey Water Co— 1st mtge 5s 1950 __F&A New Mex Gas conv 5s 1951 M&N New Mexico Power— 1st mtge 5s 1958 J&J New Orleans City & Lake— New Orleans City RR 5s'43 J&J New Orleans Pontchartrain Bdge' 1st s f 7s 1946 M&S / New Orleans Pub Service Co— 103 M Union El 116M J&J 103 M 108 M 108 M S f reg income 3-6 Ms May 1 '69 / N'west Cities Gas 6s 1949 J&J / 102 4 Hs 1983 M&N N J & Hud Riv Ry & Ferry— lsts f 5s 1943 1st & ref 5s 1955 ser A A&O Nippon Elec Pow Ltd (Japan) 1st mtge 0Ms 1953 J&J Norf & Ports Bdge 6Ms '47--F&A North American Co— 3 Ms debentures 1949 F&A 3Ms debentures 1954 F&A 1st lien 4-6s 1968 91 109M 125 H 125M A&O 1st & ref 4Mb O 1981 109 A Niagara Falls Power— 1st & ref 3Ms 1966 M&S Niagara Lockport & Ont Power— 1st 61M 62 M 61M 49 93 M M&N N Y & Westchester Lighting— ser Bid 101»'»a Corp— 1st M 5s 1951 1st 61 M&S Bonds Oregon Eleq Ry 3s 1958 ..—M&S 104 M 4s debentures 1959 F&A Nor Amer Gas & El 6s 1949-.J&J / 32 National Electric Power Co— 5s stamped 1978 J&J 87 Nat Gas & El Corp 5s 1953.F&A 90 5s series B 1947 J&D Nat Lt & Pow 6s 1949 89 JK&N Nat Pow & L deb 6s 2026 A.F&A 107 99 M Deb 5s 2030 ser B .M&N National Public Service Corp— Debenture gold 5s 1978—F&A / 31 Certificates of deposit / 37 Nat Toll Bridge 6s Ask See N Y Gas Elec Lt & Pow 17M 1st & ref 5s 1038 J&J 1st M 6s 1938 series B J&J Mountain States Tel & Tel— Bid Bonds New York Steam Corp— 1st mtge 3 Ms gtd 1963 J&J N Y Tel 1st 4Ms *39 tax ex.M&N Ref mtge 3 Ms ser B 1967--J&J N Y Water Service Nominal, r Canadian price. 10 92 12 MAY, 1939] UTILITY PUBLIC NOTICE—AH BONDS 77 bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for tjhe closing day of the month preceding the date of issue Bid Bonds 1st s M&S f 4s 1965 Rochester J&J —J&J 1st 6s 1954 Phlla & Western Ry Piedmont Hydro-El 5s 1960-J&J f Co (Italy)— lst&refsi6Hs 1960 ser A A&O Pinellas Wat Co 5 Hs 1959-M&S Pitts Canonsburg & Wash 5s 1937 Pittsburgh Rys—See Phlla Co Pittsburgh Suburban Water Serv 4 Rumford Falls Pow— 40 H 101 44H Gen M 4Hs May 1st s f 4s Oct 1945 103 7 102 14 107 22 19 104 15H 68 I6H 1st & ref g 5s '40 opt '20--J&J 1st l'n & gen 4Hs 1940—J&J Portland Gas Co 1st 5s 1951.F&A 67 69 103 105 Portland(Me) Gas L 5s A'50 A&O 91 69 93 1st M 5s exten to 1950 J&J Portland (Me) RR 3Hs 1951-J&J 1st 1 & con m 5a 1945.--M&N Porto Rlcan Power 6s 1950-M&N Porto Rlcan Rys Ltd 5s 1962M&N 106 H 70 Porto Rico Telep 6s 1944 J&D Postal Teleg & Cable 5s '53-J&J 96 H 100H 107 H 73 98 98 108H 108 h 109H 103 H & P 5s '46-M&S Prussian Elec 6s 1954 -F&A Public Gas &Ooke 5s 1952._J&D 106 Pub Ser of Indiana 6s 1952-F&A 98 1001-4 105H 16 30" 1st & ref M 5s • 148 149 1st & ref 4Ha 1950 ser D.J&D 5H% notes 1940 F&A Puget Sound Tel 5s A 1952.J&J Quebec Power— 1st & coll 4sl962 M&S Queensboro Gas & El 5s '52-J&J Conv g deb 5 Ha '52 ser A. A&O Republic Nat Gas 1st 6s 1954J&J Republic Service Corp— 1st coll trust 58 1951 Rhine-Ruhr Wat Serv Extl deb 6s 1953 J&D 61 107 H 103 107H 58 7s extended 1941 Richmond 1st M 5s F&A 79 87 h 83 H 99 99 H 105 99H 68 H 1957 .M&N Gen mtge 4H« 1977ser D.M&S 6s series E 1962 ...M&S Gen 3lia series H 1967...M&S Gen mtge 3Hs ser I 1967-M&S Rochester & Lake F&A ser F 1961---A&O 103 84H 100H 70 24 103H 103H 6°. 48 405H 103 17H 103 H 102H 100H J&J 102 -J&J 21 26H 25 33 83 78 103 60 lio" Roch Ry cons 5s g 1930 A&O 2d 5s g 1933 ctfs of dep...J&D * 108 105H 100H 102 104H 105 H 30 65 118 32 58 H 58 H 58 H 58* 59 58 H 59 56 —F& 58 Corp— Standard Telephone Co— 1st 1 coll tr 5H« '43 ser A.M&N Conv deb 6s 1938 -M&N Stettin Pub Util 7s 1946 A&O Steubenville Wellsburg & Weir ton Ry 1st 5s 1951 A&O Sutter Butte Canal 6Hs '43.M&S Syracuse Gas g 5s 1946 J&J Syracuse Lighting 5s g 1951-J&D Syrac Rap Tr 1st g 5s 1946-M&S 2nd mortgage 5s 1930 J&J Taiwan El Pow s f 5Hs 1971-J&J Tampa (Fla) Gas 5Hs '56..A&0 5s 5s 1961 A&O J&D 1958 5s 70 13 18H 21 95 118H 127 12H 3H 50 H 83 79 67H 82 Temescal Water 1st 5s A '60 M&N Tennessee Eastern Elec Co— 1st M 5s 1943 _F&A 99 83 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1956 J&D Tenn Pow gu 5s 1962 opt__M&N 40 42H 64 68 99 101 H 102H M&N 100 1953 — 100 103 Vs Terni Hydro Elec 6Hs 1953-F&A Terre Haute Traction & Light— 1st con M g 5s 1944 ..M&N 1st & ref 4Hs 1961 .M&S 1st M & ref 4s Aug 1 '65. F&A Southern Calif Water— 106 h 109 107 109 U Texas Gas Util 6s 1945 1st 2-68 1951 100H 102 Texas Hydro Elec Corp— 1st mtge 6s ser A 1956 106 107 Texas Pow Corp 6s 1956 M&S General 6Hs 1956 M&S Texas Power & Light— Deb g 6s 2022 ser A ._J&J 1st & ref 5s 1956 M&N Texas Pub Serv 1st 5s (w-s) 1961 Southern Canada Power— 53" 36 ■ 99 H 100H 88 100H 100 99H 100 101 39 45 108 109 J&D 103H F&A 101H Texarkana Wat 1st 5s '58..F&A 103 Texas Consumers Water— 1st 6s A 1939 A&O f 6 112 110 84 Terre Haute W W Corp— 1st M 6s 1949 ser A 1st M 58 1956 ser B 104H 110H 110H 110 100H 33 68 60 Ref 8 f 6s series A 1955 M&N Tennessee Electric Power— 92 . 50 67H 100 Telephone Service (Ohio)— 72 H Ontario Water extend 5s 1951....M&S Deb g 6s 1957— Standard Public Service 111 A&O 88 107 57 H 104H 4Hs 1962 84 106 Debenture 6s 1966 J&D 6s gold debs 1957 F& Standard Power & L Corp— Deb B_ J&J t 102 F&A d 105 —..A&O 103 H 104 57 H 57 H } Debenture 3Hs 1945 M&S Ref mtge 3 Hs May 1 1960.J&J Ref mtge 3Hsser B 1960..J&J Southern California Gas Co— 1st M 4 Hs 1960 103H 102 100H Convertible notes— 6s stmp ext May 1 '48—.-/ 107 H „ 109H 112 67 Spokane Falls & Nor 6s 1939-J&J Spokane Gas & Fuel 5s 1944-F&A Spring Brook Water Supply— 1st ref 5s 1965 A&O Spring Val Util ref 6s 1943.-J&D Springfield City Water— 1st mtge 4s ser A 1956 A&O Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A J&D Springfield (Mass) St Ry— Ref & gen 6s 1940 M&S Springfield Terminal Ry 7s 1942 Stamford Water 1st 5s 1952._J&J debentures 1962 A&O Southern California Edison— 1st &ref mtge 4s 1960 M&S 103 106H Telephone Bond & Share Co ser 3 Southwestern PubUc Service Co— 1st M s f 6s 1945 ser A J&J Southwestern States Telep Co— 1st M 6s 1948 M&S 1 A_ J&J S'eastern P & L deb 6s 2025-M&S Southern Bell Telep & Teleg— 105H 103 H 110H 106H x Southwestern Light & Pow Co— 1st M 5s 1957 ser A F&A 1st M 5s 1957 ser B F&A Southwestern Power & Light— Deb g 6s 2022 series A M&S 1st 99H 107 ser Southeastern Gas & Water Co— 1st lien 6s 1944.. J&D 1st lien 6s x-w 1941 J&D S'eastern Indiana Pow 6s '43 M&N 5 55 1st ref 5s 1950 71 M&N South Carolina Power Co— 1st lien & ref 5s 1957 90 h J&J South Jor G E & T—See Pub Serv ice Cor P South Pittsburgh Water Co— 27 24 H 24 H 122H 109H 108 H 104H 104 H 104H 104H 55 H 70 Mtge g 4s Dec 1, 1943...J&D South Bay Consol Water— 1st lien & ref 5s 1960 1st lien & ref 5s 1960 1st M 5s 1955 1939-1945.-M&N . 101 J&J 68 H 109 Southwestern Bell Telep— 1st & ref M 3Hs ser B *64. lst & ref M 3s ser O 1968-. Southwestern Gas & Elec Co 1st 4s series D 1960 M&N 6s stmp ext May 1 *48 Debenture 6s 1951 104 M&S 7 68 H 66 H 21 56H 104 r 5H 66 H 102H 51 19 Somerset Un & Middlessex Ltg— 21 50 48 55 102 Sioux City (la) Serv 6sl951-J&J 21 75 102M 95 1st mtge 4s 1966 Serial deb 3s to 1941 Serial deb 5s 1942-46 19 81H 77 102H Silesia Elec Corp s f 6Hs*46 _F&A / Sioux City Gas & Elec Co— 81 83 H 9 Lighting Co— 1st 5Hs ser B 1957 79H M 72 — A&O - Gen Income 4s (w-s) 1957. A&O Sierra Pacific Power Co— 1st & ref 5s 1960 ser A M&S 65" 83 102 li 113 — 108" 106 82 A S weat Pub Serv 6H8 1937--M&S / Southwest Telep 6s B 1947.M&S 1st 6s series O 1947 J&D 1st 6s 1949 110 Shreveport Rys— 98 (Ind) W W Corp— Richmond (S I) Lt & RR— 1st coll tr b 4s 1952 ...J&J Rio Grande Valley Gas Co— 1st mtge 5s 1950 .A&O Roanoke (Va) Gas Light— 1st 5Hs 1951 -.-F&A Roanoke Ry & El 5s 1953..F&A Rochester Central Power Corp— Deb g 5s 1953 M&S Rochester Gas & Elec Corp— 101H 106 H Shenango Val Water 4s B'61 A&O Shinyetsu Elec Pow (Japan)— 1st sink fund 6Hs 1952 J&D Shrevp't Bdge & Term 5s'55_F&A 150H 219H 41 87H 105 70 1st coll tr 4s Rhine-Westphalia El Pr (Germ'y) Mtge g 7s 1950 M&N Direct mtge 6s 1952.. M&N Con mtge 6s 1953.......F&A Cons 68 1955 A&O 104 Seneca Power Corp 6s 1946-M&S Shawinigan Water & Power Co— 1st M&col s f 4H8'67 ser A A&O 1st coll tr 4Hs 68 ser B.M&N 1st coll tr 4Hs ser D *70-A&O 108 H 62 137 106 h 103H 1st 5s 1944M&S 9econd Ave Trac—See Phila Co— 108H 76 H 1H 80 Seattle 109H 148H 217H 21 83 ser 90 Ser deb 4s A 1st & ref 5s series B1961-F&A Union J&J / 111H Scranton Trans ser A 5s'59-A&0 4s series B1959 A&O Income 3s Apr 1 1959 M&N f Seattle Gas 1st 5s 1954 A&O PubUc 8ervice Elec & Gas Co— 1st coll 4-5Hs 1948 A&O Puerto Rico El Pow 4a to '56.J&J Puget Sound Power & Light— 1st & ref 5Hs 1949 J&D 1st & ref 5s 1950 ser C—M&N to 96 81H 1st & ref 5s 1967 100 85 H 45 / 106H 106 F 1955-M&S 37 96 Southwest Gas Co (Okla)— 1st s f 6s 1954 1 S'west Nat Gas inc 6s 1966--A&O / 1st M 5s 1961 101H 35 Southwestern Assoc Telep Co— 111 M&S Scranton-Spg Brook Water Serv— 76 53 ser f 106 105 H Scranton Gas & Water Co— 1st 4Hs 1958 126 1938....M&S f 100 105 Sayre (Pa) Elec 5s 1947A&O 105" Schenectady Ry 1st 5s Mar 1, *46 / Scioto Val Ry & Pr 1st 6s *43. J&D 102 Guar g 5s Marchl .1953.M&S 6s 116H 102H Savannah Elec Co 5s g '52_ J&J 59 conv 115H 110 Ry debenture 4Hsl943_-J&D 85 Secured 100H Sandwich Windsor & Amherstb'g 110 66 83 H 5Hs May 1, I960. J Southside Va Pow 5s 1956. J 99 h b Non-cum 6s (ws) 1951 Southern Utah Power Co— t M 106 1st mtge 3Hs ser A 1961--J&D Santa Barb Tel 3H® ser C"66 J&J 110 2d 6s '14 ext 5% to '44-A&0 So Jersey Gas El & Trac— , 100H 106H Savannah Elec & Power Co— 1st & ref 48 1947 ser D—Q-Jan 105H J O Hob & Pat 4s 1949...M&N Peterson Ry— .... 104 1st M sink H Deb s f 7s 1942 M&N / San Joaquin Lt & Power Corp— 136 Unif & ref 6s 1952 ser B--M&S 82 1st & ref M 3 lis 1968 J&J 1st & ref 5s 2037.. 1st & ref 8s 2037 Public Utilities Consol Corp— 1st M 5Hs 1948 M&S, 63 Southern United Gas Co— 105 A '62-M&S Bay Toll Bridge—_ 19 fund 6Hs '67.M&N / 104 Serial debs4s Feb 1 1946..F&A Public Service Co of Pa 1st lien & coll 5H» '53 J&D 92 82 San Diego Co Wat 6s 109 Elizabeth & Trent 5a '62.A&0 PubUc Service Co of Nor III— 1st mtge 3 Hs 1968 A&O PubUc Service Co of Oklahoma 1st mtge 4s ser A 1966 F&A A&O 127 Southern Trac—See Phila Co „ 109 Jersey Ry— 5s D8C 1, 1950—J&J Raritan Riv 5s *54-M&N Ellz]& oo 8,9 Southern Union Gas— 113 64 1940-1943 F&A San Angelo Telep 1st 5s 1958 F&A San Antonio G & E 5s 1949-M&S San Antonio Public Service—. 37 94 102 H 125 109 ^ KHz Piainf & Cent l«t g 105 92 H 107. San Jose Water Works 107 H 36 Public Service Corp of N J— Trust certs 6% perpet M&N Camden Sub 1st 5s 1946-J&J 104H 106H San Francisco 104 (Calif)M&] 102H Salt River Val Water Users Assn 108 li 102 H 103 1st mtge 3 lis ser D '60--M&N 1st 3 Hs series E 1961.....F&A 1st 3Hs series F 1966 J&D 103 102H - 4% serial notes Apr 15 1939-48. 109H 44 H 102H 87 San Diego Consol Gas & Elec— 1st mtge 4sMay 1 1965--M&N 108 H Pablic Service Co of N H— 1st mtge 3 lis ser O 1960--F&A 43 H J& 104 A&O 11H deb 4H® 1959 Ser B.M&S Conv deb 5s ser A 1957 ...J&D Power Secur coll tr 6s *49.-J&D Providence Gas 4s ser B1963 F&A Provincial L H 1st g 6s 1947 series A Southern Counties Gas lst M 4Hs 1968 101H 1948-..M&N 1st mtge 4s 1963 11H Ask ^ 1st mtge s f 4Hs 1979 J&D Saguenay Power 4 Hs A1966 A&O 1st 4Hs series B 1966—--A&O Serial notes 2H-4s to'46..J&D St Clair County fill) Gas & EL— 1st cons guar 5s 1959 M&S St Joseph Ry, Lt Heat & Power— 1st mtge 4Hs 1947 J&D 3-4 H s serial notes 1940-43 J &J St Joseph Water 4s A 1966--A&O St Louis Co Gas 1st 5s 1951-A&O St Louis Springf & Peoria RRlst & ref gu g 5s *39 opt-.J&D St Paul Gas Light— Gen gold 5s 1944 M&S Salmon RlvPowguSs 1952 F&A 102 Conv „ „ 90 H M&S Potomac Edison Co— 1st mtge 5s 1956 ser E M&N 1st M 4H« 1961 series F A&O Potomac El Pow— ' 1st mtge 3 k(s 1966 J&J Power Corp of Canada Ltd— 1st lien & coll 5s 1958 A& Southern Colorado Power Co— Safe Harbor Water Pow Corp— Platte Val Tel 1st 4Hs '58-.M&N Pomeranla Elec 6s 1953.-M&N Pt Henry LII & P 1st 5s '46.F&A Portland General Elec Co— 1st & ref 4^8 196u 49 S f 47 Bid Bonds Southern Cities Utilities Co— Rockford 102 H Portland Elec Pow 6s 1950-M&S Portland (Ore) Gas & Coke— Ask Corp— S 33 M&S Pittsburgh Trac 1st 5s 1927- A&O Plalnfleld-ITn Wat 5s A '61.M&M 1st 1 & ref 5s 1958 Transit 46 f4Hsinc A notes 1958-M&S 30 4Hs inc B notes l958_M&b 109 Elec Co 1st 5s '39.M&S 102 Rome (Ga) Ry & L 5s '46---A&0 29 Ruhr Gas Corp 6Hs *53 A ..A&O / 108 Phlla & West Chester Traction 1st 4s 1954 Bid Bonds Ask Phlla Suburban Water Co— Texas Elec Ry 5s 1947 J&J I Tex Trac 1st 5s 1937 opt.-J&J / Texas Electric Service Co— 1st mtge 5s 1960 J&J A&O f M&S A&O _ » IK ~4H 4H 31* 99 Vs 24" 22 25 82 80 99 102 91 93 104 107 105H 89H 105 H 90 H Texas Traction Co 5s 1937--J&J / * inal. Called May 11 at 100. JCalled May 29 at 102. 6 Basis, r Canadian price, x Called May 1 at 100H to 103. d Called May 29 at 'l05. / This price includes accrued interest, J k Last sale, n Nom- . PUBLIC UTILITY BONDS 78 NOTICE—All bond prices are "and interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the Third Avenue By (New York)-— Yonkors Ry 1st 5s 1946--A&O Tide Water Power 1st 5s 79.F&A Toho Electric Power (Japan)-— 1st s f 7s 1955 ser A—M&S15 92% 94 1st ref 5s 1939 op 1st & gen 5s 1960 \ Waterloo Ced Falls & No 1st M 70 Tokyo Elec Light Oo (Japan)— 54 106M 65 5s 1968..J&J / / 4941----——J&U •54H 107M 67 123 H 50 .... Ujlgawa Elec Power (Japan)— lit M s f 7s 1945 M&S1 Union Elec Co of Missouri— 1st mtge & coll tr 3%s 1962 J& 3% notes. 1942-—-------J& Union Elev RR—See N W Elev Union Gas & El 1st ext 5s *40M& Union Gas Co. of Canada— 1st serial 4s 1939-42 J& 1st serial 4 Ha 1943-45 J& .... Canadian Hydro-Elec— 1st 6s ser A 1950 -J&J Conv deb 6%s 1945 J&J ^ rest Coast Telep 5s A 1953-J& J ^ rest End St Ry—See Boston El I rest End Trac—See Phlla Oo _ 4 58 H 59% 1 rest Penn Tr 1st 5s I rest Phila Pass 110^ 113M 1960—J&D 25" 97 ' f 5 1 1 restern Cont Util 6s 1944—M&S f 103 restern Lt & Telep 5s 1954.A&0 coup notes 104% 107% 1946—-J&D 99 M&N 1st M 5%s 1950 1st M 5s 1951 1st 99 H 100 95 1st 43 5%s 1955 15-year United Ulum Co New Haven— 102% 1st 4s Feb 1 1940 F&A United Light & Power Co— 72 Deb g 6%s 1974 M&N 106% 1st 1 & consul 5%s 1959—A&O 70 Deb g 6s 1975 M&N 115 United Lt&Rys(Me)6s A'52 A&O 69 Deb 6s 1973 J&J Un Lt Rys (Del) deb 5%s.52 F&A 80H United Pud Util (Jorp— 87 Convcolltr 6s A 1960 J&J 83 H Convcolltr 5%s B 1960—J&J United Rys Cos 4% ctfs *49-J&J / 35 United Railways of Havana— A— . 1st M 5s 1941 opt 76 106^ 71% 116 1st M 5s 1960 ser O 1 -72 81% 88 84 H F&A M&N qiliamsport Water Co— 1st M 5s Aug 1952 ser A— -F&A 1 Wilmington Ry Bridge— 90 1st 5s 1943— —A&O 102 Winnipeg Elec 1st 4%» 1960.J&J 67 Gen 4-5s series A 1965..—J&J 47 (Jen inc 4-5s ser B 1965—-J&J / 108% rise Elec Power 3%s 1968-A&O 60 1 rise Fuel & Lt 1st 5s 1948..M&N 10 15 27 28 H 28 30 ** Wisconsin 64 1st M 5s 1947 A&O 1 Wisconsin Michigan Power Co— 1st mtge 3 %a 1961 J&J Wisconsin Gas & 63 64 90 99 H loo" 100 United Traction (Albany)- / 4H 6% Electric—. 108 3%s 1966— A&O Hydro-Elec Co— 97 108 Wisconsin Minn Light & Power— d 1st & ref 5s 1944 opt '19--M&N t Gen & ref 7s 1947 J&J1 105 1st & ref 8s 1944 M&N d 105 Wisconsin Power & Light— ► / 19 95H 1st mtge 4s 83% 96% • 94 95 Utica Belt Line Street Ry- f [ r 3 39 103 112 136% Edison Co ; 76* 2 34 100 19 Bridgeport Gas Light Bridgeport Hydraulic Co Brit Col Pow Corp A 43 9% * 20 — —* Class B ♦ Brockton Gas Light Co v t c— 25 Brooklyn Edison 100 Bklyn Manhat Transit * So preferred series A * Bklyn & Queens Transit com * S6 preferred ♦ 95 27 33% 24% r Bklyn Teleg & Mess'ger (gu).100 Brooklyn Union Gas— » 104 5H 140 10 % 36% 1% 8% Buffalo Niagara & East Power— SI.60 prior $5 1st pref 67% 48 Cable & 109% preferred 25 ♦ 98% 109 Canadian Marconi 17% k. 78 $6 preferred- * 1 145 Cent Arkan Pub Serv Corp pf 100 Central Elec and Tel com 1 96 ---50 6% preferred Cent Hud G & El com—....—* 100 Cent Illinois Light 4 % % pref. 100 Cent HI Pub Serv So pref * Cent Indiana Gas 6%% pref. 100 Cent Indiana Power 7% pref 100 Central Maine Pow S6 pref—.100 >/ >/ 66 26 23 102% i y& 5s stamped m% 1947 —J&D 88 91% 97 H 93% I 1 81 71 Central States Pow & L S7 pf— * Cent Vermont Pub Serv 6% pf-* 84 Central West Co. v t c 60% 2% J J \ 60 58% 49 51" 14, 124 108% 110H i 100 Cincinnati Street Ry 50 Oincin & Suburb Bell Telep—50 Preferred 2 14% 90" 5 preferredAmer Public Serv 7% 28 39 Preferred 32% Amer Power & 86 110 85 1% 26% 4% 128 > > Series 4 ---*499 Cincinnati Gas & Elec 5% pf 100 Cincinnati Gas Transp 100 Cine New & Gov Lt & Trac. .100 33 114 38 I ) 6% 1 33% Preferred B Cities Service com.—— 4% 63 —— Preferred BB 67 19% pref... 35 81% 83% 94% 88% 20% Cities Serv Pr & Lt $6 87 1% 1% 50 48 102 "1% 1% 2% 99 100 Chicago Rys partic ctfs ser 1..100 Series 2 100 Series 3 100 15 is. 32% 112% 1% 61 34 ——5 Water Serv 5% % pref—* Chic City & Con com part ctfs—* Pref partic ctfs -----* Chester Warrants. 103 % 54% 60 93% 86% 12 « 56 85 79 Wabash Telephone— 14% 110% —100 6% preferred 58% 2% 14% 5% 11% 92% 99% 94 H 13% 89 83 85% 109H • 90 Cent & S W Util com—. 50c Preferred ————* Prior lien preferred * Central States Edison —* Allegheny Traction- ^ - 78 80 20" 3 - * 100 Central Pow & Light 7% 89% 89% 87% PUBLIC UTILITY STKS. 88% 82% pref 100 5% preferred Cent Ohio Lt & Pow 6% pf 119 / 90 > IS 104 -See Third Ave R: 67 ± 1st & ref 6s ser O 1952. 87 preferred Central N Y Power Corp— 104% 69% >/ Virginia Electric & Power— 1st & ref M 3 %s B 1968Virginia Public Service Co— 5 16 18 67 93 - 93 4%% preferred - 90c 33 110 -100 - 113 61 - 103 155 75c 32 101 - 1% 15% 14 92% 80% 56 61 2% 66% 66% 4% 60% 60% 99% 15% Carolina Tel & Tel........----- 108% .... %> 3 100 Cum income 6s 1952 J&D / Cum income 6s (w s) 1952. J&D / ..A&O / 1H 104 1% 45 126 M& S/ 20% 20 103 1 Capital Transit (Wash, D C) 100 Carolina Pow & Light $7 pref — * 103 50 wireless Ltd— Ordinary shares Amer dep rec 7%% A ord—£1 Amer dep rec B ord £1 Amer dep rets 5%% pref—-.£1 Calif-Oregon Power Co— 6% preferred series of 1927 100 6% preferred —.100 Calif Water Serv 6% pref 100 Canada Nor Pow com ...——*'r 109 Oonsol Hydro-Elec or Utilities Power & Light Corp— Deb g 5%s 1947— J&] >/ Deb 5b 1959— F& if Utilities Public Service Oo— 5s 3% Boston Elevated Ry com 100 Brazilian Tr Lt & Pow ord—* Worcester Transit Association— 102% 1st guar 3 173 % 118 45 67 5% 120 100H - Anacost & ' 111 43 (Kanata Realty) 1st M 5%s 1953 1st M 5s 1955 1.30 21 135 Boston 104% 105% 104 5s 1956 F&. Utica & Mohawk Valley Ry— 1941 35c A 1947.J&D 84 H 96 1st lien gen M 5s 1944lst lien & gen M 4He 194 4%s 115% » * 100 108% .J&D 1961 98 100 orp— 96" 4 2 .100 1 *59 Utah Power & Light Co— Deb 6s May 1 2022--. 1st 102% 25 .♦ > .... 1st mtge 4s ser A 1966 J&D 4s serial deb June 1 1939-1946. . Co Bldg 1st mtge 24 preferred 10 Birmingham Wat Wks 6% pf.100 Blackstone Val Gas & El pref. 100 58% 103% 1 1«4 1 24% " 105% 102% 105% 1 5 — 106 M&N 1st M 5s 1956 ser B__ 17% ♦ Beverly Gas & Elec 25 Birmingham Elec $7 pref... » 16 preferred* Birmingham Gas new common .50 prior preferred 50 102% 1 63 Con g 4%s Unit Trac (P£ nit (Pgh)—See Phlla Oo Unterelbe Power & Light Co- 60 65 1952 M&N Vat 5s '52-J&D f * ser / 103 United Securities Co— United Telep 58% 1 102 Eq 7%s Feb 15 1936 -F&A / United Rys of St Louis— Gen g 4s July 1 1934 J&J / City & Sub Pub Serv 5s '34. J&J / 89 55 J&D t 104% M&S V 104% 1st 5s series B 1957 41H 87 98 90 ♦ Beauharnois Power com * Bell Telephone (Canada).... 100 Bell Telep of Pa 0%% pref —100 86 105 — United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A— Gen ref M 4s Jan 1951 ser B_. United Electric Service (Italy) loo" 58% 57% _ 102 H *51 ser A-M&N Union Water Works Co— 1st lien 5%s 1942---M&S / 117% Unit Elec Co of N J 4s *49—J&D First lien 5%s 1% 7H 4% 4% Bangor Hydro Elec com.... .25 7% preferred... .100 6% preferred 100 Bear Mt Hudson River Bdge..* 65 87% & ref 5%s 1960 F&A I restern States util 6s A *45.A&O restern Union Telegraph 1st %> 2 .* * Bait Transit Co v t C Preferred v t c. 100% 97 1 76% % ———* ——...* - Atlanta Gas Light 6% pref. Atlantic City Elec So pref 105% 99 98 f 1 .♦ -.1 1 com Class A- 69 1 .... 1% 95 M&N 5s series B 1950— -—-J&J Deb s f 6s extd 1950 —M&N 62 53 6 105 96 3% 7% 83 H ...• Option warrants 1 103 3% Associated Public Utility .* Assoc Telep Oo Ltd $1.25 pf—* Assoc Telep & Teleg $6 pref——41 $7 1st. preferred 100 $4 preferred • I restern Mass Cos— 1 .... 125% 108% 4% 40 * $6 preferred $6% preferred $7 preferred 105 124% 108% 1 restchester Elec—See 3d Ave Ry *1 Westchester Lt 1st g 5s '50--J&D Gen mtge 3%s gtd 1967—J&J restchester Service Corp— 4s 1948-1953 A&O .... Original preferred $4 preferred % 104 3 31 10 |5 preferred 103 % 9 110% ♦ 6% preferred 76 J&J 3H 75 l Associated Gas & Elec Common class A 102% 101% A&O 20c —..50 6% preferred 73" 65 _ .. 115 45 1st ext 3%s 1956 A&O 2d extended 5%s 1956— .M&N ^ rest Texas Utilities Co— 1st M 5s 1957 ser A A&O I rest Virginia Ohio River 1st mtge 4s 1961 109 48 Common 6% preferred Arkansas Nat Gas common Class A Arkansas Pow & Lt $7 pref _ Bridge 3%-6%s,1960 103% 60 121% 111% , 3% % Union Gas System— 1st M & coll s f 5s 1948—J&D Union Passenger Railway— 1st 4s Mi it 31 1961 A&O 2d ext 4s Mar 31 1960 A&O Union Pub Serv (Del) 6s '39.J&D Union Ry—See Third Ave Ry Union Traction—See Phlla R T Union Water Service Co— 105% 121 rest Va Water Service— 108H 97" 64 62 105 Ry— 103 102 101 102 1st M 5s 1963 series E...-M&S 1st M 3%s ser 1 1966 J&J 14% 156% * Amer Utilities Service com.., * 6% preferred25 Amer Wat Wks & Elec com....-41 $6 1st preferred * Appalachian El Pow 7% pref —* 6% preferred .* Arizona Edison com vtc——* Arizona Power $6 preferred * Arkansas Missouri Power— 99 / 71 * 100 . 99 1 ^ 14% * ------ 8 115 J&J 1959 rest 72 93 8 6% 6% 25 . Superpower Corp com First $6 preferred- Preferred$6series American Telep & Teleg ^ "II 2H Troy City Ry 1st cons 5s 42 A&O / 100 Troy Gas Co 1st 5s 1939--M&N Twin City Rapid Transit Co—_ 57 X 1st lien & ref 5%s AT952J&D 58H 1st lien & ref 5^sB 1951 --J&J Twin States Gas & Electric—■ 105H 1st 1 & ref 5%s 1945 Ser A_M&£ Tyrol Hydro-Electric Pow Co—-. / 22 H f Guar s f 7s 1952---*& 5s 1st 40 10 104 56 A&O f 1% com. Preferred - 104 1944—-----J&J J&J / Utility Amer 1 73 - Ry— s 100% 105% 100»3i 105 J&J —J&J f g 5s 1940 Certificates of deposit 1 1st g 6s 1953 series---J&D15 Toledo Edison 3%s 1968 J&J S f deb 4s Traction Term'l Con) 5s 57--J&J Trenton G & El g 5s 1949--M&S Trent'n Pass Ry 1st ext 6s 61A&0 Trl-Oounty Telep 4%s B 48 92 9% 69 Union Ry 1st 6s g 1942-.F&A Westchester El 1st 5s g 43.J&J Trenton St Ry ext General 6s 35 45 / 5sg,37-_J&J Third Ave RR 1st 43 Bid Bonds Amer States ^ 42 H 9 93 H Ask Bid Bonds 25" 1960 optaft 14 J&J f 5s Jan I960 opt. -A&O f 1st ref g 4s Adj inc g Ask Bid Bonds and Incom* and defaulted bonds month preceding the date of Issue 10 100 * * * % 106% 90 • - 107 100 - - mmm 2 100 80 2% 92 93 6% 49% 4% 47 6% 50% 4% 48% 62 67 * 63 68% Phila R T Phila Co 1 2 2% pref $7 preferred Citizens' Pass Ry—See Citizens Traction—See Citizens Utilities com— . 1 * No par value. July 1 at 105. x J Called May 5 at 104 %. 5 Basis, Ex-dividend, y Called May 5 at 104%. d Called May 1 at 105. /Flat price, k Last sale, n Nominal, r Canadian price. (Called MAY, 1939] Stocks Par Bid are as 104 69 37 38 115 17% 105% 6% 83% 100 Commonwealth Water & 72 66 111 112 108 1% 1% 7J2 %« 53% 4 6 95 n 100 * 9 100 25 26 com 11 29 1 31 27% % % 32 % 27 92 64 IX 106 113 J* 26 U5X 108)4 109% 28 38 26 )4 25 30 Illinois Power & 68 72 21 22% 4 78 74 80 76 % 10 X 10% $7 preferred series A $6 preferred series B Gas 1 UX U X 3 * 6 J* 28 26% 3% 7)4 64% * _* * 3% '714 65X 54 Elec Power Association Class A full paid Elec Power & Light Corp 56 3X 3 X 7% 7X 23 % , * k 21X 25 . 22% 17 X Apr. 21 3)4 3X — 50 50 93 96 32 33 Ellxabethtown Water Cons...100 lio"" Eliz Consolidated Gas 100 197 205 Empire & Bay State Tel (gu) 100 Empire District Elec 6% pf-.lOO Empire Gas & Fuel Co pf 8%.100 Preferred 7% 100 6)4% preferred 100 6% preferred 100 Empire Power Corp partic stk..* 40 Preferred $6 preferred Empire Telephone com.. 6% Preferred Engineers Pub Serv com $5 cumulative preferred $5)4 pref (with warrants) $6 preferred - — - " 57 65 63% 62% 64% 62 68 61% 22% 66 67 26% * 73 75 * 5 6 25 14 16 ..1 8% 8% 64 68 * 68 69% ._* 72 Company.............50 European Elec class A 10 58 62 4 5 Essex . Option warrants 3c Fairm't Pk 8c Hadd Pass Ry—See Phila R T Fall River Elec Light 55 25 Fall River Gas Works 25 14% Federal Light 8c Tr com.. 15 11% Preferred ($6) * 85 Federal Power 8c Light com 50 % •Without par value. 78 60 16 12% 89 —— {Called May 1 at $52.50. 78 4% 15c 22 $ $5 preferred $6 preferred series C $6 prior preferred-. cum 1% 5% 2% 16 * Preferred Mexican Utilities preferred 100 100 6- * com % 3% 3% 3% % % 110 69 6 8 5% 6% * * Montana Dakota Utilities 102 3 4 com. 5% preferred 6% preferred.. 5% 6% 4% 4% 14 13% X> Mar. 17 10 100 19"" 6% 6% * % 30 Montreal Tramways com... $3 6 9 8 14 * * 21 24 % 37 hx Feb. 23 3% 2% 9% 26% 28% 57 59 65% * 74 40 100 —10 li 95% 96% 97% 98 3% 21 2% % 37% * * r 39 131 7%% preferred 50 t Jersey Cent Pow & Lt 7% pf.100 6% preferred 100 5%% preferred 100 $5% preferred stamped New Eng Pow Assn 104% 122 16 9 39 4% 7% 79 111 106 2 35 52 12 100 nrnfomtArl 59% 17 j&ngland Pow Co New England Pub Ser $7 prior preferred $6"pref.100 137 * 1 * com 37 % 9 8 $6 prior pref » New England Tel & Tel 100 New Haven Water 50 New Jersey Pow & Lt $0 pref— New Jersey Water pref.. 100 New Mexico Gas com 5 60 31 105 65 101% 96" 2 36 105% 98% 94% 4% 45% 22% com 6% preferred 6% preferred * * Preferred 100 New Bedford Gas & Edison Lt.25 New Eng Gas & Elec Assn— $7 preferred §6 preferred.. 25 100 50 10 $6 preferred * 1st pref 100 6% preferred ...100 Nevada-Calif Electric com....100 New 104 pref .100 wa Pub Serv $6 pref * 6%% preferred * $/ preferred * Common ..15 Iowa Southern Util 7% pref..100 preferred Nebraska Power 7% 67% 5 68 30 National Gas & Elec com.. National Power 8c Light com...* 7 % 12% 33% conv 96 25% 6% * 7% preferred 100 Mountain States Tel 8c Tel. .100 Nassau 8c Suffolk 7% pref 100 National City Lines com 1 % 25 97% 2% 100 74% 22 114 * Mountain Fuel Supply Mountain States Power— 3 74 76% 74% 100 Montana Power 6% pref Montreal L H & Pow Cons Montreal Telegraph 65 60 73 Monongahela L & P—See PhilaCo Monongahela St Ry—See PhilaCo Monongahela Val Water 7% pfd. Monon-West Penn P S 7% pref 15 101 82 * Missouri Pow & Lt $6 pref Missouri Pub Service com 100 64 5 110 97 "3" 3 102 I 100 Miss Power 8c Light 6% pref * Mississippi Riv Pow 0% pref.100 20 92 104% 106% 100 Michigan Consol Gas... Michigan Gas & Elec— 7% prior preferred Middle West Corp com 103 53 95 ..* 6% preferred class A 100 Minnesota Pow & Lt 7% pref 100 $6 cum preferred 100 Mississippi Power $6 pref * $7 preferred » 3% 25 3% 95% * 67 * 3% 2% 28 50 5 Mississippi Valley Util * 1 c"l Convertible pref A * Midland Util 7% prior lien..100 6% prior lien 100 7% preferred class A .100 100 100 5% 72 * 108 Investors Telephone com * Iowa Electric 6%s pref 100 Iowa El Lt & Pow 6% pref. .100 7 % preferred 100 Iowa Power 8c Lt 7% Preferred Jamaica Water Supply $5 cum pref ser A 15% 9% * 108 100 Italian Superpower common A 1% 92 22 * Midland United 102 * 6% preferred Common 97% Common with warrants Common without warrants 7% prior preferred. * Mexican Northern Ry com...100 15 51% * Jamaica Pub Service Ltd _ 2% 23 1 $6 preferred 88 Francisco) 111% 108% 2% 15% 3% 100 Units. Interstate Natural Gas Interstate Power pref $7 83 11% 50 Maiden Electric Co 25 Maiden & Melrose Gas Lt 25 Manhattan Railway 7% guar 100 Modified 5% guar 100 Marcon Int Marine Commun'y— 103 Io * 1.30 9 1 * Class B 50 60 105 91% 17% 115 Lynn Gas & Elec Co.. __25 Mackay Companies 4% pref..100 % 6% 37% 3% * $1.75 preferred $3.50 prior preferred Warrants series of 1940 108% 23 6% prior preferred 100 & Light Associat'n— 50 "W&ITftlltS Foreign share ctfs International Utilities A 26 25c 25c Market St Ry(San 116% 50 Internat Teleg of Me (gu) International Telep & Teleg 8% % IVMass Power "8% Internat Ocean Tel eg <guar)II100 International Power Co * 1st preferred Power Securities International Ry v t c 5 75 Louisville Railway Co Preferred .100 Lowell Electric Light. 25 Luzerne Co Gas & El $6 pref.100 $7 preferred loo 40c 14 * 100 General Service— 6% preferred ...100 Indiana Hydro Elec 7% pref.100 Indiana Service Co 6% pref..-100 7% preferred 100 Indiana Telephone Corp 100 Indianapolis Power 8c Light— 6% preferred..... ..100 6%% preferred .100 Indianapolis Ry Co v t c ..100 Interboro Rapid Transit.. 100 Internat Hydro-El Syst A 25 Conv pref $3.50 series 50 Internat 89 104 * -.100 100 100% 94 Indiana 3 % 3X 8% Amer dep rets for ord shs f1 Marion (Ohio) Water 7 % pref.100 Marion Reserve Pow $5 pref * 76 Light— Illuminating Shares class A Indiana Assoc Telep $6 pref Indiana & Michigan Elec— 7% preferred.... 2 56 .15 Memphis Power & Light $7 pf. * $6 preferred * Metropolitan Edison Co— 8 50 $6 preferred cl A % 5% 36% 50 common com 6% preferred 10c Arrears certificates IX 1 75 * 100 100 com 6 % preferred B 65 58 100 5% conv preferred Long Island Lighting 7% preferred A ~W arra/n * 4X 19 4 67 * Mass Utilities Associatesvt 5% conv partic preferred Memphis Natural Gas 2X 1 Houston Lt & Power $6 pref Houston Natural Gas com Illinois Iowa Power 8 35 100 105 48 * 4 135 75% 25 111 25 Haverhill Gas Light —25 Hestonville M & F—See PhilaRT 7 IX 7X 17.X 80 43 $2 Preferred 1 ..100 com 2% 125 87 25 1% n 35 29 5% non-cum preferred 100 Huntington Water 7 % pref 100 Idaho Power 7% pref ..100 6% 1st preferred * 15c 5% 25 com Preferred 66 25 * t c 5 6% preferred 100 4%% prior preferred 100 Eastern Mass St Ry com 100 6% 1st pref stamped 100 6% pref B stock 100 5% adjustment stock 100 East Shore Pub Serv 6% % pf 100 6% preferred 100 Eastern States Corp com * 3 .....100 * 100 Hudson & Manhattan 12 112 5c * 100 25 Havana Elec & Util $5 pref Haverhill Elec Co 30 11 106 % 64 * Electric Bond & Share. $6 preferred 25 Holyoke Water Power l'o" 8 102 80 74 22 74 89 104 99 29% 34% r 1.25 Harrisburg Bridge Harrisburg Gas 7% preferred. 100 Harrisburg Rys common 50 Hartford Electric Light 25 Ry 6% preferred % T * * Water Havana Elec 116 .* com R $6 Dref—* 7% pref class A... Hamilton Bridge 101 1% Mar. 22 74 Gas $1.25 pref * Greenwich Wat & Gas 6% pf-100 Gulf Power $6 preferred * Hartford Gas 50 95 Greenwich common v 50 52 78 100 Preferred 103 98 * • * k 25 Preferred 1)4 Duquesne Light—See Phila Co— com Green Mt Pow Corp 96 88 ..100 * com — 47 PhilaRT Gold 8c Stock Telep (guar) Green & Coates—See Phila Hamilton Gas 100 El Paso Electric Co (Del) Preferred series A 7% El Paso Nat Gas com Pass—See Gloucester Elec Lt Co Hackensack 176% 102% 101% 93% 100 $7 preferred $6 preferred 2d pref series A Optional warrants Germantown * $5.50 preferred 25 * East CoastPublic Service v t c..l East Middlesex Street Ry 100 $6 pref..* 20 $3 preferred Georgia Power $6 preferred. $5 preferred 1 Derby Gas & Elec $7 pref ,_.* 6% % preferred * Detroit & Canada Tunnel......* common Gen Telep Allied Corp Gen Telep Tri Corp Gulf States Util $6 pref _..* Duke Power _ %> Danbury 8c Bethel G & E pf 25 Dayton Pow & Lt 4%% pref.100 Denver Tramway com * Detroit Edison 117% 29% 106% 29% 5 %% preferred 100 Dallas Power & Light 7 % pref 100 Preferred 6 106 7 % prior preferred 100 Continen Pass Ry—See Phila R T Crescent Public Service com 1 Cuban Telephone pref 100 Cumberland Gas com v t c ..1 Cumberland Co (Maine) Power & Lt 6% pref 100 6% preferred % 4% 74% 116% Consumers Gas (Reading)....25 Consumers Gas (Toronto) Consumers Power $5 pref * $4.50 preferred Continental Gas & Electric— * 20 * Gen Wat Gas & Elec com A.... 1 Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—-See Phila Co $5 preferred Louisv Gas & Elec % 53% - „ 51 % 52% Cons Edison Co of N Y com * $5 preferred Consol Gas Co (Pgh) pref 50 Consolidated Gas Utilities com.l Lone Star Gas Corp 15% Warrants 100 100 45 14% 49 %6 99 23 4% 33 86 50 % 102% Longview Bridge class A Louisiana Power & Light $6 pf_* 40 5 93 100 Lawrence Gas & Elec Lt. ..25 Lexington Util 6%% pref 25 Lexington Wat Serv 7% pref. 100 Light & Pow Securities Co 14% 88% % 60 38 4% 73% 105 60 2% 13% 87 % 44 42 42 65 46 100 117 107 2% 14% Telephone Corp com $3 conv preferred. 100 ,. 100 34 * Lighting 10c 97 110% 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 13% • Oonsol Elec & Gas $6 pref Cons Gas E L & P (Bait) 5 % preferred series A 4 % % pref series B Kansas Power & Light— 6% preferred 12 1 33% 5% preferred 47"" 100 Preferred * common Gen 45" ~ 7% preferred General Pub Util 115 ...25 59 118 * 48 52 100 * * 100 Elec (Del) com A..* 5% 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 Gen Public Service Corp * preferred * 15 100 Kansas Elec Pow 6% pref Bid 24 ....—--100 r 5% preferred Gen Gas & * 5% % preferred Connecticut Power... 50 104 * * Gatineau Power com 13 Connecticut Light & Power Eastern Gas & Fuel Assoc's Gary Elec & Gas common * Common Conn Gas & Coke Sec pref Common 7% Preferred Eliz & Trenton RR ®32 n ... Eastern Util Assoc Conv stock 26% Par Kansas City Power & Light— 1st pref $6 series B Kansas City Pub Serv Kansas Gas & Elec 7% pref.. 100 6% preferred Kansas Power Go 6% pref ..* 7% preferred * 46 99 8 98 100 Preferred %6 53 43 97 46 56 Franklin 26% 1% 23% 1 23% 24% 25% Frankf'd Light— $4 preferred $5 preferred $7 preferred * Fitchburg Gas & Elec Light..50 Florida Power Corp 7 % pref. .100 Preferred $50 par.. Florida Power & Lt $7 pref * Florida Telephone Foreign Light & Power units.... 110 1 X & S'thwark—see Phila R T Telegraph (guar)... 100 23% Gandy Bridge common * 2 Gardner Elec Light common. 100 145 79 100 25 First preferred 6% Duquesne Nat Gas 6% 84% 100 Community Pub Ser com Community Water Serv com 7% preferred Concord Elec Co 6% pref Stocks Ask 22 23 * * ..... 108 64 Commonwealth Gas 1 Commonwealth & Sou Corp com * Optional warrants $6 preferred * Commonwealth Tel (Pa) 7% pref. 6% preferred 7% preferred Community Pow & Lt 20 100 Elec 6% preferred A 6%% preferred B Commonwealth Edison Co Rights States - 100 Columbus & Southern Ohio Eastern - - 114 Coast Co Gas & El 1st pref__100 Colum G & El Corp (Del) com..* Connecticut Ry & 4 % % preferred $6 preferred $5)4 preferred ^ 100% * 6% preferred series A 5% preferred 5% conv preferred Bid Federal Water Service com A..* 106 103% * 100 common $4.50 preferred Cleveland Railway Par Stocks Fed St 8c Pleasant Val—See Phila Co. 7% preferred ..100 City Water Co (Chat) pref 100 City Water (New Castle) pref. 100 Clear Springs Water pref * 79 possible for the closing day of the month preceding the date of Issue Ask Citizens Water Co of Wash (Pa) Cleve Elec Ilium near as STOCKS UTILITY PUBLIC Quotations for all securities 100% 92 d Called June 26 at $110 plus $1.18 div. 95 94 k Last sale, n Nominal, r Canadian price, x Ex-div' 80 PUBLIC Quotation* for all securities Par Stocks New Orleans Pub. Serv com-—* Bid 634 --* 96 13 15 New Rochelle Water 7% pref 100 N Y Mutual Telegraph (guar) - -25 N Y Oity Omnibus common....* Option warrants — N YPow & Lt Corp $6 pref——* 7% preferred---—— 100 NY& Queens El L & Pow— Common ___-_* 5% preferred 100 N \ Railways pref ———- * N Y & Richmond Gas 6% preflOO 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....... Class B option warrants--— North American Co new 10 6% preferred new series 50 534% preferred --50 North Amer Light & Pow——1 $6 preferred * North Amer Utility Securities—* North Boston Ltg Prop com..—* Preferred-—.----100 North Texas Co (Del).—.—10 Northeastern Wat & Elec com..* $4 preferred -* Northern Indiana Pub Serv— 6% preferred —100 7% preferred— 100 634% preferred —100 734 33 $4 17 3434 9934 10034 20 110 120 115 4 434 36 39 1834 6 34 2034 78 81 66 69 lly' 53 - 84 92 83 25 98 7% preferred-.——.—.100 6% preferred —100 (Minn) $5 series cum pref—* Northwest Electric 7% pref--.100 North West Util 7% pref-—-100 7% prior lien ...—100 N'western Pub Serv 6% pref-100 7% preferred —-100 Northwestern Telegraph (guar) 50 NY PA NJ Utilities $3 pref * Ohio Cities Water preferred * Ohio Edison $6 pref-1—— * —* —-100 $7 preferred 734 62 56 M 105% 71 1134 72 77 7934 2834 32 27 534 9934 107 * Oklahoma Gas & Elec 7% preflOO 10634 pref-100 Ohio Water Service A com -——100 6% preferred— 18* .IS* 70" 11334 9334 9734 100 34 106% 3534 3534 2834 634% 1st preferred— —100 6% preferred. 100 7% preferred —100 Ohio Service Holding com—....1 5% preferred— .......—5 734 6334 43 24 634 10034 10834 11434 9534 9834 10234 108 31 108 96 S3 preferred -—...——50 6% conv prior preferred 100 Omana & Council Bluffs Railway 37 38 94 9934 8% conv preferred A —.100 Oregon Wash Water pref-* Ottawa Light Heat & Pow new. Preferred —100 Pacific & Atlantic Tel (gu) 25 Pacific Gas & Electric-...——25 1st preferred (6%) 25 1st preferred (534 %) —25 Pacific Lighting Corp .* ($6)--— * Pacific Pow & Lt 7% pref 100 com Preferred 15H To* 1 100 preferred 6% 25 4 PhilaOityPass Ry($22 34 pd)-60 Phila & Darby Pass Ry —50 Phil & Gray's Py ($25 pd) 50 Philadelphia Traction -50 Ridge Ave Pass ($28 pd)—.60 15 6 18 3 5 7 7 PlainfieJd Union Water Portland Elec Pow 6% pref Portland Gas Light 98 134 234 10c 10134 110 113 r 104 4734 2734 4834 29 105 93 96 34 149 Rapid Transit Ry—See P 8 Corp new... 2 Rhine-Westphalia Elec Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref 2734 Phila 1534 3234 2934 6% preferred series O 6% preferred series D 5% preferred series E Rochester Telep $634 pref 46 534 20 — — 104 1634 26 1934 4734 1834 2734 5 634 Edison— Warrants Warrants B Penn Western Gas & El com....5 78 — % % 32 60 J00 100 100 10U Rockland Light & Power 10 St Joseph Ry Lt & Pr 5% pf—100 St Joseph Water 6% pref—100 St Louis County Water pref.-100 * * San Antonio Pub Serv 8% pf-100 9634 9634 $2.80 preferred —* $5 preferred —.———* £1* ibH Pennsylvania Elec 34 56 3134 com 54 3234 Pennsylvania Gas common—-* 13 17 30 85 Pennsylvania Power $5 pref .* Pennsylvania Pow & Lt $7 pref.* $6 preferred —* $5 preferred * Pennsylvania State Water, pref-* Pennsylvania Telep 6% pf—100 — 10c 10834 «.'■ 24 25 $2.50 preferred * Pennsylvania Water & Pow * Preferred--..-.----...—-* People's G L & O (Chic)——100 Peoples Light & Power Co A....1 Common class B—........1 Scrip — ... Preferred —-25 99 114 55 8 134 U 7734 80 3234 34 34 49% 8^4 Peoples Water & Gas $6 pref—100 70 Peoria Water Works 7% pref-100 Phila City Pass—See Phila R T —— Citizens Traction ——50 Consolidated Trac pref 60 DuquesneLight5% lstpref 100 Federal St & Pleasant Val * 5 Monongahela Lt & Pow 50 Monongahela St Ry -..-50 Phila & Darby—See Phila R T Phila & Grays—See Phila R T Philadelphia Elec Co com.—...* $5 preferred ——* Phila Elec Power 8% pref.. 25 5 40 42% 7934 334 334 "534 5 5 Southern Canada Power.—.... 634 116 *r 3 ) ) 55 ► Class ► B ) *. 3134 116 2934 32% 11734 2934 5 5 Southwest Consolidated Corp.. L [) O * Without par value. <Flat price, 9234 % 134 59 75 2c "% 2834 2934 4234 3234 2234 10% 134 44 3334 2334 1034 ... Dref— 100 Utilities Stock & Bond Gorp_...l Virginia Electric & Power— $6 preferred .* Virginia Pub Serv 7% pref—100 6% preferred 100 cum Washington (O O) Gas Light * Preferred--... * Wash Gas & Elec 7 % pref. 100 Wash (D O) Ry & El com 100 k Last sale, n Nominal, r 70 s¥A 134 134 76* II* 1% 2 4734 4734 10c A 34 1134 634 11334 4034 37 27.34 105 534 670 100 113 Washington Wat Pow 6% pref—* 100 88 Preferred West Penn Elec Co class A-—- 7% 6% 9434 1034 534 9534 1134 534 Canadian price, 152 145 cum * Preferred 101 7% preferred— —100 Wisconsin Pub Ser Corp 7 % pflOO 634% preferred -.100 Wisconsin Telep 7% pref-....100 Wolverine Power Co ..5 Worcester Trans Assoc-.......-* York (Pa) Railways pref—...50 York Water Co— ——.25 134 1134 11 28 16 12 20 x Ex-dividend. < New stock. 9334 12134 115 .88 12c 7 13 90 60c 24 31 5 1834 10734 10734 98 106 110 98 1.50 1.50 -——.—100 Wise Elec Pow 6% pref 100 Wise Hydro-Elec 6% pref.—-IOC Wisconsin Pow & Lt 6% pref-100 1% 1034 934 11 - .... 2 48 Southern Indiana G & E— 3 12 1834 110 Southern Calif Gas Co— 4 11534 ... 6% preferred.............100 634% preferred .—-.--..100 Westmoreland Water pref—.* Wheeling Bridge 100 Wheeling Elec 6% pref__ -.100 Williamsport Water pref—----* Winnipeg Elec class A—.......* Class B .....—* » 75 42* 84 Western United Gas & Electric— 1 11334 34 5 25 Class B 17 I 70 34 34 834 234 134 1 1 common 26 1 68 _• 2534 2734 2834 4134 7334 434 * 50 * Allegheny Traction——.50 - Soutb Pittsburgh Water— 6r " 51% 934 234 3234 1034 1134 II* 10c > 6% pref. 834 25c ... 14 34 ) South Carolina Power ■ - 1934 ) 3334 !2% 30c A.. > Amer U $4 preferred. 113 * com ) South 99 Philadelphia Co com $5 preferred 6% cum preferred $6 cum pref 7% preferred preferred 100 cum preferred —-.100 West Penn Power 7% pref—100 6% preferred 100 West Phila Pass—See Phila R T West Texas Utilities $6 pref-.-..* West Va Ohio River Bridge— Common ..---* Preferred ....—.-* Prior preferred West Va Water Serv 6% pref---* Western Lt & Tel com 1 Preferred 25 Western Massachusetts Cos——* Western N Y Water pref * Western Union Telegraph— 100 99 ) 109 ► 1834 )x 108 ) 8934 3 34 56 113 - ) 94 96 111 119 34 34 $5 preferred1C 2d $5 preferred Second Ave RR Cop (N Y) 2d & 3d Sts Ry—See Phila R T 101 18* 2?H $2.75 preferred $3 preferred-- llo"" Brook 107 99 92 6% cum 1st pref... * United Light & Ry 6% pref—100 6.36% preferred..........100 Non-voting 19 105 37 108 101 11 % 11434 2 119 .... 10734 89 102 - 5c 114 434 10834 2 98 United 111 Co of New Haven_.II* United Lt & Pr com A-..——..* Common B ♦ $6 preferred ..—..* $7 preferred * Utilities Power & Lt cl A 1 108 120 35 334 Elec (Conn) com_* 100 7% preferred United Utility Co common..-.10 Utah Power & Light— 107" 1st 20 —— United Gas United Gas & El (N J) 5% pf.100 United Gas Corp com———1 $7 pref series A » Warrants 234 106 Seattle Gas common 15 Penna Gas & Elec Co 7% pref-100 Penna Gas Sc Elec Oorp.$7 pref..* Class A * 334 Class B common........—.1 11 118 Water Service 6% pref-——-. Scranton Transit common. 33 100 100 100 preferred United Pub Util 98 90 117 i Scranton Electric $6 pref Pennsylvania Edison Co— 97 89 38 100 United Public Service Corp—1 i- Scranton-Spring 94% 94 * * Union Traction—See Phila R T United Corp. ——_.—.* $3 cum preferred.. --.I* 7% .34 94 94 5c 7% preferred _ 7% prefer led 3 ... —... Toledo-Edison pref A 7% 6% preferred—— 5% 31% 8 Improvement—...* $5 preferred * 3234 50 Penn-Ohio 134 ♦ ------ 5 3 50 5 98 66 1 .... 3034 .34 13 United Gas 1 ) 3 * ... 140 — 7% preferred . Preferred. 50 Union Pass—See Phila R T Union St Ry (New Bedford)—100 116 1 St Louis Pub Serv common.— 128 _ - 97 46 j. 24 Union Gas System com..—...10 150 131 113 Rochester Transit common 10634 8134 . Texas Power & Lt 7% pref—100 6% preferred » Third Avenue Ry (N Y) 100 13th & 15th Sts—See Phila R T Tidewater Power 6% pref * m K T 30 . 11834 96 103 ss Ridge Ave Pass—See pref- —.100 Union Electric Co of Missouri_-6% preferred ..._...* Union Gas (Canada) * 125 18 6 11?4 % 93 53 107 50 b 5% cum 1st preferred.—-100 Teire Haute Elec 6% pref 100 Texas Electric Ry... 100 Texas Elec Service $6 108 12934 11634 1134 103 Twin States Gas&El 7% preflOO Twin City Rapid Transit * 3434 98 5%conv preferred— 100 Tampa Elec Co.. * 7% preferred -I-II100 Tennessee E! P 1st pref (7%)-100 7.2% 1st preferred —100 1st preferred (6%)— 100 a. 108 7% preferred 100 Public Serv El & G $5 pref * Puget Sound Pr & Lt $6 pref * $5 prior preferred —* Quebec Power common * Queens Borough G & E 6% pf 100 13 2934 11034 — 11334 934 834 8334 86 Tacony-Palmyra Bridge— $3.50 preferred Texas Power Corp common 103 112 102 « ■ Texas Gas Util com Texas Hydro Electric— 40 20c .. 11234 934 714 8234 Rapid Transit St Ry Co—100 2934 3234 28 h 4434 Peninsular Telep Co com——* Preferred 100 534 36 Public Serv of Okla 6% pref.4100 Preferred Rochester Gas & Electric— Paterson & Passaic Gas & El—100 Pecos Valley Pow & Lt com.. * 234 334 24 4 Consolidated Trac of N J--100 15 98 534 1834 12134 15034 89" 22 1 „ 11234 85 • _ 21 Bid 107 40 * Preferred "♦ Suburban Rapid Transit St Ryl50 Superior Wat Lt & Pow 7% oflOO Swiss Amer Elec 5% pref.500 Pes Tacoma Ry & Pow Co— » 334 234 50 634% preferred 100 Power Corp of Canada com---* Providence Gas Light * Public Elec Light 6% pref 100 Public Serv of Colo 7% pref—100 6% preferred lOO Public Serv of Ind $7 prior pref. .* $6 preferred _* Public Serv Co of N H $6 pref--* $5 preferred * Public Serv Corp of N J * 8% preferred-—-100 7% preferred 100 6% preferred 100 $5 preferred * 75 78 20 16 100 Rio Grande Valley Gas v t c Riverside Traction.. 106 34 .34 16 _* $8 cum prior pref Standard Pow & Lt com. Class B_. 33 29 29 * - $7 cum prior pref $4 cum preferred-—-„ 10 8 28 Par Southwestern G & E 7% pref-100 Southwestern Lt & Pr com A * Preferred * Springfield City Water 6% pf 100 Springfield Gas & Elec pref--.. * Springfield Gas Lt Co 25 SpringTd (Mass) St Ry Cos pf 100 Standard Gas & Elec com-—...* 4 - rjiAcui A 1534 107 Pacific Public Service— Common ........—.—...* 1st preferred ———* Pacific Telep & Teleg 100 20 2 llH Republic Nat Gas 1-134 & Bridge 4% cum pref 100 Omnibus Corp v t C—........ * 9 47 15 Radio Corp or America—See Industrial Stocks. OklaNat Gas Corp com.......15 - 6 42 12 $6 preferred Postal Teleg & Cable 7% pref 100 Potomac Edison Co 6% pref..100 7% preferred —100 Potomac Elec Pow 6% pref.—100 86 90 81 40 Nor States Power (Del) cl A—-25 14 7% prior preferred 100 Portland Gas & Coke 7% pref 100 48 100 Northern Liberties Gas. Northern N Y Util 7 % pref Ohio Power 6% pref Ohio Public Service 5% H 53 53 134 b 35 11 Pittsburgh Suburban Water— $5.50 preferred--100 34 50 51 30 56 h 55 3 34 Citizens Passenger guar __60 Continen Pass Ry ($29 pd)-50 Fairm't Pk & Haddington. .60 Frandf'd & Southwark Pass.50 Germantown Passenger 50 Green & Coates Sts ($15 pd) 60 Hestonville M & F com 60 Preferred -..-50 5334 134 134 2134 . - 50 Stocks 2 134 334 2d & 3d Sts Ry guar 50 13th & 15th Sts Pass Ry——50 Union Pass ($30 5-6 pd) -50 Union Traction ($1734 pd)-50 West Phila Pass guar 50 Phila Suburban Wat 6% pf-—100 Phila Traction—See Phila R T ,34 52% preferred. preceding the date of issue Ask Bia Par Philadelphia Rapid Transit—50 7% 16" 108 closing day of the month Stocks 103 101 100 7% preferred Newport Elec 6% pref Ask STOCKS UTILITY are as near as possible for the 105 45 78 85 103 99 118 1 634 18 26 Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities." In the case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous." NOTICE—All bond prices are Quotations for a'l securities Bonds Bid "and interest" except where marked "f" and income and defaulted bonds are as near as possible for the closing day of the month preceding the date of Issue 1st lien & rei 5s 41 J 43M 101M 101M 99 4M« stamped 1946. Beth Steel Corp 4 Ms to 6Ms 89 90 102M , 46 F&A / 33 75 77 r M&N M&N / 1st 6s 1950- 25 Gensf 7s 1950 93 88 M / A&O / M&S / Brown Co 1st 5Ms 1946 1st 5Ms 1950 ser B 89 109M i no s M f 7s 1955 Aluminium Ltd s r f deb 5s *48. J io3,,M 100 lit series B J&J 1948 101 98 102M 102M 102M Cum inc 6% 45 21 35 33 36 34 101 101M J )/ l 29 97M F 58 33 98 M 61 56 104M " 37 41 85 40 1946 67 36M 52 100 100M 3/ 7 112M F& L A& ) Debenture 6s 1944 American Type Founders Inc— / 50 25M i 1st lien 3-5s 1955 _..J&D 25 35 100M 65 M& 3/ 103 > Sink lund det> 4Ms 1950..i 105 7s Certificates of deposit-1942 f „8 91 Campbell River Timb 6s '41-J&J ampbell Transportation Co— Equip trust 4s 1940-1951--J&J b 96 to 105 M 103 M 21 3Ms 1942-454 Ms 1952_ Anthony (E C)— 96 J&D J&D 99 1st & gen 5s 1957- 14M 15 M anadian Bakeries 6Ms '45-M&S anadian Canners Ltd 4s'51M&N IIII 97 3/ If 23 M 10 25 anadian Internat Paper— 1st M 6s 1949-.- 96 97 M 97 M 97 M 23 24 J&J 12 84 M 84 101 r 100 100M 91 / 92 56 58 are— 1st M 20-yr 4s ser B 1955. 25-yr guar 5s 1955 M&S 1947- ) Conv 59 54 M ) Davidson-Boutell 5s 1946 J&D ■ Davidson Chem 6Ms 1937—A&O 97 De Bardeleben Coal Corp— ] 1st cum inc 5s 1957--Ann Deep Rock Oil 7s 1937 I Defiance Paper 6s 1939 52 Debenture 4 Ma w w 1947-F&A 56 H Non-cum inc 4s B 1941 > 104 IOWs 69 ]Detroit City Ice & Fuel— 4s w w 1948 F&A Detroit Garages 5Ms Mar 1948-Detroit Har Term 1st 6s '50-M&S 80 87 H 30 Deutsche J 84 Dickey (W S) Clay Mfg Co— 1 53 M 51 " 95 61 If 66 22 6 Ms 1952 A&O / entral Service Des Moines)— 27 Auburn Automobile— 6Ms 1941 Central Steel A&O 1st 8s 1938. 21 Certaln-teed Prod 5 Ms 1948 M&S ) 98 M 88 M 9l" Oespedes Sugar 7 Ms 1939 M&S / Champion Pap Corp 6s '45--F&A 88 91 M&S f 6s Oct 15'60 A&015 B s 98 II j Dominion Textile 4Ms '55.-M&S 115M 73M Dom Woolens & Wors 6s '53-J&J Donnacona Pap 4-4 Ms '56—F&A 10-yr 5M% 100M i 50 101 101 101M 89 Chateaugay Ore & Iron— Guar gold 4s 1942 J&J 68 100 Ghesap'ke-CampCorp4 Ms*47J&J Chic Grain Corp 3-5s 1952—AS ' / 23 Chicago Produce District— 1st cum inc 5s (w-s) '48-_F<! 109 Chicago Stk Yards 5s 1961-A3 101 25" Durham Duplex Razor 6s 1955 Earl Fruit 1st s f 5 Ms 1947-..M&N Eastern Car Co Ltd 6s 1952.J&J Eastern Cuba Sug 7Ms '37-M&S 60 1/ 46 M ) 90 i 99 48 M 101" Battle Creek Sanitarium J/ S/ r/ J . Beech Creek C & C 5s 1944. -> Bell (Alph E) 6Ms 1939— Beneficial Loan Society— * 46 28 25 48 34 39 Childs Co deb 5s 1943 Ai Chilean Nitrate & Iodine Sales 30" 71M 6 93 Eastern Dairies 6s 1949 111 102M f 70 47 51 City Savings Bank of Budapest 7s 1953 / 47" 104M 106M 7M * Called June 15 at 100. 86 78 91 Ooll 65 49 105 M Corp— f 4s 1956 J&D 35 54 s A&O 72" 95 65 Erie Elec Motors 5s 1941 b Basis. 60 102 M 40 M 37 J J Called June 1 at 103, 56 M 55 M&N 3 1955. 106 % 97 Mfg 7s ser A 1938.-J&D Racing Assn 5s 1945 East Temple Corp 6s (w s) 1941 Eaton Paper 1st 5M« 1943.M&N Elec Auto-Lite deb 4s 1952-F&A 6s 1943 65 6s 47 M 64 80 Eastern Emporium Capwell Corp— 1st 4s 1952 —J&J 4% notes 1942 J&J 69 97M 102 M 105 M Empire Properties Corp 2-3s 1945 Empire Sheet & Tin Plate— 98 M J 101 Eastern Elk Horn Coal 56 45 92" 9 96 67 101 97 88 :::: 104 102 Baragua Sugar Estates— fr Serial 3 Ms 1938-43 —A&O Dominion Steel & Coal 6 Ms 1955Dominion Tar & Chemical CoDeb 4M« ser A 1951 M&N notes 1947 J&J DowChem Co deb 3s 1951—J&D Dry den Paper 6s 1949 F&A Dufferin Paving & Stone— Deb 5s series A 1955 Jan Deb 5s series B 1955 Jan Baldwin Locomotive Works— 100M 87 h 99 Rentenbank— Farm Ln , Dierks Lum & Coal 6s 1947.A&0 Dom Coal 1st 4 Ms ser A '52-A&O 1 Champion Paper & Fibre Co— 3 90 65 6 115 20M I 31 Detroit Times deb 6s to '43.M&S Deutsche Bank (Berlin)— / 152 / 87 98 M 1941.-M&N If . 42 ] Cum inc 5s (w-s) Nov 1 1949— Cum inc 5s (ex-stk) Nov 1 1949 Atlas Imperial Diesel Engine85 81M . 100 A&O / M&S M&S 100 80 12M 69 J&D 82" entral Foundry Co— 1st mtge 6s 1941 Gen mtge 5s 1941 57 101 M&h 120M 93 M entral Coal & Coke— 55 H 88 M 94 100 April SIM 56M 55 92 M 87 M 100 87 '50M&N 97 M 95 M M&S 25 varr 68 105 M Ry & Coal— 6s extended 15-yr deb 5s with 46 M J&D 77 61 54 1942. 1944_ f deb 4s 1950 s Series 1st lien 4s 1952 J&.I Atl Gulf & W Indies SS Lines— 6s 5s 92" ' 56 99 101 5s 1940 A&O ( Curtis Cos 6 Ms A 1947 M&N ]Dairyland Inc lstsf 5s 1946.M&S 1 Danish Prod L'n Fund 5s '40-J&J ] Davidson Biscuit 5 Ms A '45 A&O 87 Arundel Deb Corp 3-6s Dec 1 '53. Associated Mtge Co 3-6s Dec 1 '5i Atlanta Laundries— 2 *48-Q-F 76" )/ anadian Vickers 6s Aug 1 Arnold Print Works— Without warrants Tobacco ( Cumberland 90 J&J If lst mtge 4s series O 1957_ Arnold Bros Ltd 1st 6s 1947- 42 Cudahy Packing 3Ms A '55-M&S anada SS Lines— 96 Antilla Sugar Estates— Income deb 6s 1951 (w-s) A-NY & B-NY Realization- ---- 103 15-yr 4s s f Nov 1 1950--M&N 10-yr s f deb 4 Ms 1948 J&J Crucible Steel 4Ms A 1948—F&A 103 90 92 Trap 5s Aug 1 1946. w w /This price includes accrued interest. A: Last sale, n Nominal, A&O r W 97"" 102 Crowley Milner 5Ms 1946--M&N < — 25M 82 M&S Credit Service deb 6s < Cuban 105" 104 20 9M 106 Anglo-Chilean Cons Nitrate/ — 67 M 55 Crown Cork & Seal Co Inc— Co— Income 7s Jan 1 1943 Anaconda Copper Mining 5%. 102 M 98 102 M 36 26 102 Sinking fund deb 5s 1946-F&A 27 100M 99 M 104 Ames-Hold en Tire & Rubber— 14 50 Credit Foncier Franco-Canad( Cooperative Creamery— s f 6s 1948 A&O Deb s f guar 1943 A&O 1st 91M rf 28M alif 8 60 100 M 10 Creameries of America— 119 F American Writing Paper 40 35M 100 75 - Coplay Cement Mfg 6s *41.. A&O C ( Copley Press 5Ms 1943F&A Cosden Petroleum conv 5s '47 J&J < Cosgrove Meehan Coal 6Ms 1945. Crane Co 3Ms s f deb 1951. J&D < 105 M F Am Tobacco deb 4s 1951 30 104 48 M 104" , 80 I 103 M Continental Roll & Steel Fdy— ( 1st M conv s f 6s 1940 J&D Cont'l Steel deb s f 4 M % 1946. J&J < 70 34 48 72 54 _ 43 102M 102 M 100 64 M Consumers Credit Svc 6s 1962 C 50 Consumers Rock & Gravel— ( 6s 1948 —J&J / 24 Container Corp 1st 6s '46.J&D15 C 102M Deb 5s 1943 with warr. J&D 96 M ( Cont'l Invest Bond Corp 2-5s '5389 < Oonfl Invest Deb Corp 3-6s '53 68 Continental Oil— C Conv deb 2Ms 1948 J&D 106M 84" 38 Byers Machine 3-6s Amer Nat Co (Ohio)- 70 * Consolidatioo Coal Co— Sink fund 5s July 1 I960—J&J / 5s 1950 A&O ( Consumers Co (111) 5s 1956.-J&J 87 M 40 Ann, Apr / A&O J&J / Bldg 1st 5s stamped I960.A&O / uutterick Co 6% notes '39 A&O F&A 1950—F&A 35 Consol Press 6Ms 1949.-,—J&D < 98 Oonsol Steel Corp 6s ser A '44 J&D t 103 ( ( Consol Textile 1st 8s 1941— J&D / 7 Cum conv inc 5s 1953 M&N / 12 96 51 Income 5s 1958 101 J&D Cons Laundries Ext 6Ms 1941 A&O C Consol Oil s f deb 3Ms 1951.J&D f ( Consol Paper Corp 5 Ms 1961 J&J 103- 103 M C-E to 1941-M&N 103 M ser F 1946 M&N urmeister & Wain (Copenhagen) 15-yr s f extl 6s 1940 J&J / 110 ush Terra 1st 4s 1952 Cons g 5s Jan 1955 notes • 65 _ ser 102M l«t 5M» «er O 1946 Consol Cement Corp— ( Cum inc 6s 1950 55 75 34 ;M 1956 „ 104" :::: 81 4% notes 4% notes 43 77" Amer International Corp— Conv 5Ms 1949 Amer La France & Foamite— Armour A Co of Delaw 80 43 102 M Animal 101 98 i 5M% notes Connor Lumb & Land 6s *41 M&N Oonsol Biscuit 1st 5M« B *46 M&S ( 85 100 I Amer I G Chem Corp— Conv deb 5Ms 1949. 86 37 87 104 if if —- 32 c Columbia River Paper Mills— 6s to 1946 A&O 95 Aggregates Corp— Amer Colortype 6s 1942- 1M 103M / II" 93 35 95 American An Anr IIII 102 Alpine Montan Steel Corp— 1st 96 M&S Income deb 2s Oct 1950 38 45 96 M 94 Colliery 6s 1954 ( Columbia River Packers Assn—' 42 Algoma Steel Corp Ltd— A 1948 96 96 Q-.1 35 50" 35 M 35M 20 100 Colo Fuel & Iron s f 5s 1943.F&A <■ 103 M 55 r / 1948 1952 100 55 5s 1942. Albany Perf Wrapping Corp— 6s 1955. 6s series AC —— 102 % 51 100 43 30 1953 6s series AB 98 M 100 Q-F Q-M Q-J Q-F Q-M Income 5s 1970 A&<> ost.cn 77 if if 6s series A A 102M Lumber 56 . 7s series C 1959 7s series D 1956 102 % 98 M .J&J 1947— Mills 6s 1940-42 Wharf 1st 4s 1941 91 86 scrip 107 ( Colonial 105 Aeolian Co 6s 1944 7s series A & B 1950 143 102 r—A&9 l5-yrsfconv3Msdeb8 52A&0 104M 104M 119 139 106 M 1941 J&J 3 Ms series E 1966 Donovan ser Bid 116 1942-——M&N Purch money 6s 1998—Q-Feb s f 4 Jis ser D *60. _J&J Cons M 43 M 42 M f Conv 5s Bonds Ask Collateral Bankers Tnc— Abitibi Power & Paper—* Ex Bid Bonds Ask INDUSTRIAL AND MISCELLANEOUS BONDS 47 103 H 104 15 Canadian price. INDUSTRIAL 82 BONDS MISCELLANEOUS & 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 Bid Bonds ,F&A B—_F&A f Ernesto Breda 7s 1954 1st lien 74s 1966 ser 74s income 1966 ---— 1st lien 7s 1967 ser O M&S f 7» Income 1967 f Everlastik Inc 1st 7s 1937.M&N Famous Players Canadian— 1st & coll 3s 1939 7 1054 97 J&D 100 101,4 16 102 19 7 7s '63A&0 Federal Coal 7s 1944 85 Fed Portl Cement 5s . 1947--M&Sj 70 59 23 '39 \f 100 1943-.M&N 8o Calif 5s 1946J&D Federal Screw Wks conv 6 4s Federated Publica 6s Filtrol Co of 28 Finance Co of Amer at Baltimore 1014 994 M&S -M&S 4% notes 1942 4% notes 1947-1.-Finland __M&S 1961. 1034 Conv g 64% notes 1946.A&O Follansbee Bros 5s 1947 J&D 24 Francisco Sugar 6s 1956 M&N Franklin Coal Co 7s ws 1049. J& ' WA 49 Franklin Deb Corp 4-6s'53_J&D 93 Fraser Co 6s Jan 1 1950 J&J 119 French Nat Mail SS Lines 6s '5 Frick (H O) Coke 5s to 1944-J&J 63.25 45 95 121 102 1943--J&1> 964 98 35 40 97 _ — 1948--A&O Gen Rayon deb 6s 1948 w w.J&D Gen Stl Cast 1st- 5 4s *49 w w_J&J Gen Plastics 1st s f 5s German 101 103 84 97 o34 60 50 9s 1034 106 113 70 77 534 A&O Eu deb 6s 554 a i.Ian tie Cable 7s 1946 1004 1024 Girard Pt Storage 34s 1940. A&O' Glen Alden Coai M s f 4s '65 M&S 101 674 Globo Wernicke 6s Oct 1 '44. J&J 93 A 1941.M&S '47.M&N (Germ'y) 65 68 33 99 41 1014 83 89 44 91 93" 454 s 48 97 70 6s 1945-J&D f 5s ser A 1955 75 20 73 42 984 75 45 994 754 764 26 28 11 50 M&N 55" 914 934 26 994 _ 1004 16 99 99 98 Gen sinking fund 6s 1956. A&O Hamilton Cotton 44s 1950-F&A 1004 100 100 99 Hamilton Mfg 5s w w 1951 --M&S Ham'd Standish 3-6s 1947--A&0 83 85" 25 Hansa Steamship Lines— 10-yr 6s 1939 w w_ A&O warr for Am shs f deb 5s 1951 Hart Coal inc 6s 1945 s / 344 33 79 / 127 4 1254 61 97 35 284 35 79 29 '..J&D Marine Elev (Buff) ext 5s '52M&S Marion St'm Shovel 6s '47-.A&0 ^ 44 924 10 74 4 61 90 924 60 McCloud River Lumb 5s '48 J&J Met Y> 11 Fronteuae Oil— lst & coll 44s A 1949 A&O 49 109 46 102 / Massey-Harris 1st 44s 1954.M&S Matthiessen & Hegeler Zinc— Extended 3-6s 1945 M&S 624 1004 ' r-4 o o VI 39 6s stamped 1948 McCormicks, Ltd, 4s 1952 McCrory Stores Corp— 1014 45 52 J&J 874 884 6s s f deb 1951 M&N McKesson & Robbing inc— 81 1064 1064 20-yr 5H 14 5% 14 F&A deb 54s 1950.M&N Mead (The) Corp— 1st M 6s 1945 with warr..M&N 64 144 64 14 4 544 95 86 64 103 conv Medusa Portland Cement— lst conv 4-5 4s to 1945 A&O Memphis Commercial— 95 93 82 5% conv deb 1947 M&S Merchants Ice & Cold Storage— lst 64s 1943-49 A&O 43 48 102 J&J 1014 48" 65 Mercury Mills Ltd 54s '53.M&N Mersey Paper Ltd 5s 1957--J&D Gen s f 6s ser A 1949 M&S Messenger Corp deb 4 4s '51 J&J * 65 4 1004 Appeal 44s 1952 M&S Mengel Co conv 4 4s 1947—M&S Merchants Distilling Corp— J&J 95 94 87 / 18 23" Messer OH 1st & ref 6s 1942—J&J Conv s f deb 6s 1947 J&J 88 '48.F&A / Ohio Riv. ser 6s Dec 1 '48.F&A / Isotta Fraschini 7s 1942 J&D Jacobs (F L) 54% dividend 17 8 22 644 60 70 62 Metropolitan Ice 7s 1954 J&J Motropol Persons Loan 7s w-s '57Miag Mill Mach'y 7s 1956—J&D f Middle Stages Petrol 6 4s 1945—' Miehle Printing Press & Mfg— Deb 54s 1948 _F&Ai/ Iron City ser 6s Dec 1 12 .904 92 93 524 534 93 964 s 7% gold notes 1935 Lake Superior Corporation— 1st & coll tr gold 5s 1944-_ J&D 92 25 25 5-yr 37 6% notes 1931 Minn Tribune & Manistiq 944 Pulp & Paper 54s 1941.-M&S Missionary Sisters (Waukegan, 90 784 111) lst ref 34-4s 1951 — M&S 6 1004 984 .A&O 100 ■ J&J 78 82" Molybdenum Corp of Amer— 6% notes 1942 J&D 37 96 80 Moirs Ltd 1st s f 6s 1953 32 Mohawk Rubber ext 5s 1948 A&O 85 89 99 Monon Coal—See Chic Monong Riv Cons Coal & Coke— lst 6s 1949 A&O Monroe Coal Mining 6s '47—F&A 117 Montreal Cotton deb 5s '43.M&N 102 Montreal Dry Docks 6s '48.F&A Morris Plan sec 6s x-w 1947.M&S 82 83" 85 87 Mtge Bond Co (Md) 2-5s Dec 1'53 Mortbon Corp— Coll A 24~5s ser 1 1941 J&D Coll B 24-5s ser 2 1946 J&D Cell C 24"5s ser 3 1951 ..J&D Coll D 24~5s ser 4 1956 ..J&D Mosinee Pap Mills lst 5s *51 - A&O Motor Transit inc 64s 1952.J&J / Munising Pap 6s A &B 1943-A&0 Munson Steamship Line— Secured 6s 1937 J&J / Deb 64s Jan. 1 1937 wwA&O / Certificates of deposit / 94 103" 1024 Ind & — 994 104 102 94 117 Namm (&A I) & Sons 6s 1947F&A Nassau (Ger> Land bank 6 4s 1938 / 294 314 Nast 74 Nat'l Acme 4 48 ext to '46—J&D 34 36 / 1949-J&J Bryant Inc doo6s'40wwM&N d Called April 1 at 101. 984 100 76 79 66 69 65 68 63 644 27 924 36 24 24 97 95" 364 3 3 101 Nat Bondholders 944 118 96 — 90" 71 Nat Central Savings Bank Ext An Apr f Ry. L 95 Lancaster Corp 34s A b Basis, 25 M&N 75 J&J 20 21 lst 6s series C I960 72 / Lake St John Power & Paper— 1st 54s 1961 J&J 17 ...A&O / 119 Minnesota & Ontario Paper Co— lst 6s series A 1935 A&O lst 6s series A 1945 A&O J&J 85 110 1950__M&S 88 27 25 Keystone Steel & Wire— 100 3% notes 1939-1941——M&N 101 4% notes 1942-1945 M&N 66 Kings Co Refrig 6s 1942 A&O 994 Kingsport Press 64s 1939--F&A 101 Kingston Elevator 1st 6s '50 M&N 95 Kinney (G R) ext 54s 1941.J&D 100 Kirby Lumber 1st 4s 1947. J&J 16 87 Knudsen Cream'y 54s '50.M&N 68 Koehrlng Co (Milw) 3-5s '45.J&J Koholyt Corp 6 4s 1943 M&S / 20 99 Koppers Co 4s 1951-M&N Kresge Foundation— 1034 10-year coll tr 4s 1945 J&J 3 4s coll trust notes 1947.F&A 1004 Kreuger & Toll— 5s uniform ctfs of dep 1959 84 Debenture 5s 1961 954 90 M&N 1946 25 36 4 JI 1st 6s 1940-1949- 40 1st. 6s series B 1948 (Rudolph) Inc— 1st 6s 1943 with Am shs__M&N Ctfs of dep w w stpd 1943 6s stamped (par $925) 1943._J. 6s with warr (par $925) 1943— Keith (B F) Corp 6s 1946—M&S Kelsey Hayes Wh'l 1st 6s '48.J&J 15-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 34-64s 1945 J&D / Keokee Cons Coke 5s 1959--J&J Keyes Fibre 1st 6s 1939 M&N 90 Miiier & liart Inc. deb 6s '43 J&J 42 Miller & Lux Inc 1st M 6s '45A&0 / 120 f 5s 1950.-J&J Laughlin Steel— 1st mtge 4 4s ser A 1961 __M&S Journal of Comm 64s '47 J&J Kansas Pipe Line & Gas— 1st 5s series A w w 1952—J&J Indiana Co 1st 90 % Called May 1 at 101. 1014 McO.it d Had & Mfg— — ~ «. 88 / 1024 / / Series B & O 30 Series A & D 48 934 (Conde) Publications— 54s 1942 J&D 20 partic ctfs— (Central Funding series) ' * Called July 17 at 105. Quoted in guilders. 7 51 51 51 A&O Marathon Pap M 54s '42.-M&N Iron City-Ohio River Corp— Lane x 1943 Maple Leaf Milling— 34 H* Pap of Nfld— 88 A&O 20 A '42.J&J 5 4« to 1949 504 5s 1951 opt._A&O Deb Corp 2-5s Jan 1 '55 5-6s April 1 J&J / Hatfield-Campbell Creek Coal— 1st 64s 1948 M&S 102 64 Lake Erie Bolt & Nut— Harris-Seybold-Potter— Conv 98 • p f / f La France Textile 1st 6s '42.J&D Harpen Mining Corp— 6s with 38 110 A...M&S 1968---- Lackawanna Steel 5s 95 Harborside Warehouses— Non-cum inc 6s Jan 1973 33 100 Internat Salt g Karstadt F&A sei lst s f 4s Feb 1 1957 M&N Manhattan Refrig 54s 1941.J&J Mansfield Min & Smelting— 7s without warrants 1941-M&N / 83 73 Jones & 101 Gulf States Steel 44s 1961-A&0 Gurney Fdry Ltd 54s 1949.M&N Gypsum Lime & Alabast— 64s 1948— -M&S Hale & Kilburn 6s '39 stmp__J&D f Hall (F W) Printing Co— 1st & coll 6s stmp 1947 M&N Hamilton By-Prod Coke Ovens— 1st 75 " 1941— 1968 96 '47.J&D conv 4s Manatt t»ugar 1st 74s '42..A&0 / Ceitificates of deposit / 1034 Marine- ser 49 Mackintosh-Hemphill 5s'51_J&D 90 Jefferson & Clearfield Coal & Iron Ry Terminal 6 Cold Stor 1st 64s 1952.A&O / Granite City Generating— A&O 5s. 1963 Granite City Pig Iron— Cum inc 5s 1943.. M&S f Graton & Knight 44s *51--J&D Great Lakes Paper Co Ltd— 1st s f 5s 1955 A&O Griess-Pfleger Tan'g 54s'48-J&D Grigsby-Grunow conv 6s '36 M&S conv 62 103"32 102 Trunk Groc St's Prod 1955 1084 1004 1274 1274 57 404 994 100 Grand Rapids Stores Equipt Co deb 5s 1949 M 4 4s interstate 99 4 5s series B 1945-50 J&D Gordon-Pagel 6s 1940-1944--J&D Gotham Silk Hosiery— 5 f deb 5s w w 1946 M&S Gould Manufacturing 6s '42.A&O Grab am Paige Co 1st 6s '43. F&A Granby Consol Min & Sm 5s 1942 Grand Rapids Motor Coach— Cum income 7s 1962 M&S Grand Rapids Operating Corp— 6s extended 1942 J&J 59 A&O interstate Zinc & Lead deb 7s *32 Goodrich (B F) Deb g 6 1945 J&D 1st mtge 44s 1956 J&D Gordon Baking Co (Mich;— Grand 5s 1st 104 7s Oct 15 1945—A&015 / S f g 43 Ref mtge bs 1st Godchaux Sug 1st s f 5s Good Hope St & Ir Wks 62 Paper— '.nternat Pow & 99 Loiillard 1024 66 40 18 J&J 6s series C 1946 F&A (P) Co g 7s 1944..A&O 5s, 1951. F&A Lukens Steel 5s extend 1955 M&N 24 604 17 Globe Industrial Loan 6s 1955 J&J Gobel (Adolf) Inc— Conv deb 44s ser 22 liter national Match Corp— Deb s f 5s 1947 M&N / international 40 1947 103 4 67 6s series B 7 f 5s 1942—I lst M coll trust 6s conv Long Bell Lutub tis Internat Agricultural Corp— [nternat Mercantile 184 35 32 s Inc dob s f 3 4s 1946.F&A Logan County Coal 7s 1942.M&N f lst ext'd l-4s 1956 M&N / - Certificates of deposit., . 70 20 24 Ind Limestone inc 6s 1952--M&N 40 Prior lien s f 6s 1942 M&N Indianapolis Motor Speedway— 70 1st extended 64s 1946 F&A 94 Industrial Acceptance 4s 1952 J&J Indus Rayon 4 4s A 1948 J&J 45" Ind Br'nhoist 6s Oct '54_An Apr. 108 'niand St'l 3 34 b ser D 1961 F&a 102 Inter City Baking 54s 1948.J&J Inter City Western Baking— 64s 1950M&N / 41 s 184 184 184 184 If Loew J&J 994 70" 1948j/ 33 15 Steel mtge 1st & coll tr 20 F&A f * Liquid Carbonic 1014 65 64s 1939 iron Corp— Conv deb s f 4s 1947 F&Al/ 1/ F&A'/ 1/ Libby McNeil &Libb 5s '42.A&0 Liberty Baking 64s 1944...M&S Liggett & Myers g 7s 1944..A&O Gold bonds 5s 1951 F&A Lincoln-Boyle Ice 6s 1947.-.A&0 Lindsay Nunn Pub fis 1944—M&S Lion Oil debs 44s 1952 A&O 18 934 984 1940.A«Xi(> German Bldg & L'd Bk 64s 48 coll trust (nteriake 110 Georgia Marble Is* 6s 1950.M&N Gerlack-Barklow Co 6s 1950-F&A 84 31 -J&J Qar & Equip 5s 1948 974 514 O..J&J ser Ctfs of deposit '/ Leonard Tietz—See Tietz Leipzig Trade Fair 7s 1953-M&N / Le Tourneau Foundation— 25 1014 J&D 1940..A&O Progresso Italo-Amer Pub— Debenture 64s 1943-----A&O III 4^s 1954 — 89 80 M&N Wares— A 1952 88 6s 1948—F&A independent Brewing 6s '55.J&J Indian Refining 5s Dec 1 1941— Indiana Ice & Fuel 64s '47.M&N 98 A&O 1004 99 Garlock Packing 44s 1946--J&D 100 44s Dec 15 1947. J&D 100 Gen Amer Transport 3s 1940-J&J 101 3% notes 1941-1942 J&J 82 General Bronze deb 6s *40--M&N General Cable Corp— 95 1st mtge s f 54s 1947 ser A .J&J 47 Gen Elec (Germany) 7s *45-J&J 15 / Deb 6Hs 1940— -J&D / 48 4 Deb s f 6s 1948 M&N / 47 93 Gen Finance conv deb 5s '51 J&D Gen Motors Acceptance Corp— 1034 10-year deb 3s 1946 F&A 15-vear deb 3 19*51F&A 1054 ser Ice Service 1st 85 52 lst * *s '974 .F&Al/ Ctfs of deposit 1/ Secured 6s class A ext 1943.J&J If 1004 994 974 'o of Texas— 5 f 1st mtge 6s 1946 P.01?SJS 1st & ref 5s 1964 Ctfs of deposit Hudson River Day Line— .lseuer Ref 54« series B 1954 1st 5s 1940 97 Housing & Realty Improv— (Berlin) 1st 7s 1946 M&N / II Fruehauf Trailer deb 44s'47A&f) J&D J&J 71 450 994 984 Idinois Steel deb 4 4s Gair (Robt) income note? 6s 1972 50 694 Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J&J Hungarian-Italian Bank Ltd— Sinking fund 74s 1963 A&O 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 22 101 Theat 45 x mtge income 1975 Lehigh Valley Coal— 1st & ref 5s 1944 Ctfs of deposit 1st & ref 5s 1954 Ctfs of deposit 82 1004 Hungarlan Central Mutual Credit Mfg 7s 1937 —J&J 99 Galveston Whari Co— Ref 54s series A 1951 r 93 A&O / 1st coll 3-5s 1950 35 19 75 44s 99 104 65 Gen 80 10-yr sec sf 54s 1940 Fontenelle Brew 5s ww 1947-J&J Forest Lawn 1st s f 6s 1949--J&I > Steel .J&J Hoberg Paper Mills 5s 1946 -J&J Hoe (R) & Co 5-7s 1944 w s__ A&G 4 4-648 1st mtge 1944—.A&O Holland-Amer Line 6s '47--M&N Holly Sugar Corp— 1st 24s 1940 A&O 1st 3 4s 1941 A&O 1st 34s 1942 A&O 1st 4s 1947 A&O Home Serv Corp 6s 1957 A&O Home Service (Portland. Ore)— 27 7s 1957-. J&J / Flour Mills of America Tnc— 25 Nitrate Co— Lehigh C & Nav fund 4s '48 J&J Cons s f g 44s 1954 J&J 65 2d mtge inc 6s Feb 1956— 1st secured General 994 92 70 Hudson Coal 1st 5s 1962 A__J&D 99 4 99 Firestone T & Rub34s '48--A&0 First Bohemian Class Works— Frick-Reid Supply 6s 99 Heywood-Wakofield 5s 1946 J&D H'ghtstown Rug 64« w w 1944 Hill Mfg Co ext 6s 1945 M&N Houston Oil Residential Mtge Bank S f 6s stamped 16 74 102 88 20 101 1st 14 70 - ------- 1949--F&A Mtge 6s to 1941--F&A Federal Grain Ltd 6s J&D f Lawrence Portland Cement Co— Deb g 5 4s 1942. A&O d Lai™ & Bowler 3-64s Dec 1947. 100 _ 1940-1942. J&D Ask Lautaro Helvetia Coal Min 1st 5s '58. A&O 75 Bid Bonds Ask 1st 6s a f 1946 J&J Haytian Corp inc 8s Oct 1938- 7 17 100 5s 1969 of^the month preceding the date of issue Hearst Publica 64s to 1947.M&N Heller (Walter E) 4s ww '46-A&0 17 1054 1st & coll 44« 1951 -J&D Farmers Mfg Co 34s 1953.-M&S Fed Home Bid Hawley Pulp & Paper Co— _n 20-year 4s s f deb 1956— Falstaff Brew deb 5s 1947—J&D Farmers Nat Mtge Inst Bonds HmesLand & Timber bs "4# Fairbanks Morse & Co— 1st & coll 34s Ask (Hungary) 74s 1962 F&A / Natl Consol Bond Corp 2-5s 1953- / This price includes accrued interest, k Last sale, 30 30 7 88 n Nominal. INDUSTRIAL May, 3L939] & 83 MISCELLANEOUS BONDS NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Nat Container deb 5%s *52. 84 80 A&O 104% Nat Dairy Prod3%s w w'5l M&N Natl Debenture Corp 3-6s 1953— 105% 49 National Distillers Products— 10-y 4°b 4%« M.'V l '45-M&N d 104 101 Conv 3%s debs-1949-—M&S 101% National Fire Proofing <•<>-— 90 95 23 1st M conv 5%s A 1940.M&N Cum conv inc 5s 1952-—M&N / 24% Natl Food Products Corp— 6s series A with stock 1944 M&N / 55 Without stock M&N / 60 Natl Grocers Ltd 4s 1947 100 A&O Nat Gypsum 4%s debs 1950 if ~ 105% Nat Hungarian Ind Mtgo— Inst 7s 1948 _M&N / 7 Nat Ice & Cold Storage (Calif)— 50 1st s f ext 3%s-6s 1952....J&D 65"" 101% Pitts Steel National Steel Corp— 1st coll mtge s f 4s 1965 1st collM 3s 1965.. 53 1st 105"" 105 99% 99% Gen & coll s f 6%s 1940---A&O A&O f 6 Ms 1943 s lst 6s ext 5 % % 1912 M&N NYLE&W Dock & Impt— Extended at 5 % to 1943... N Y Shipbuilding 1st 5s '46.® 94% 55 30 87 90 88 91 52% 50% 50% 55 58 50% 98% 60 73 «,u 11115U 1 a i \. 78 77% 77% 80 74 37 98 43% 78 44 88 .....M&N 40 Debentur J&D 55 Midwest Corp ref 6s 1940.M&N North American Car- Railway Express Agency Equip trust 4Mb Aug 1 "39-*4 Equip trust 4Ms Nov 25 '39-' Equipt tr 4Mb 1939-47 J&D Equip trust 5 %s Sept 1 '39-'4 North Amer Cement Corp— 5 4.50 15 4.50 b 4.50 b 4.50 Deb 6 Ms A with warr *4 0.M. 1943 M. Income 6Ms 1953 / Nor Amer Refract 6%s 1944.J&J 6%s 4.00% 4.00% 4.00% 4.00% 100 95 86 90 27 30 34 North German Lloyd— 20-yr s f 6s 1947-.-IN / New 6-4% 1947 ..IS Western Refrigerator b Equip trust 4s ser I Jan 1 *41 Equip tr 4s ser J 1939-46.J&D b b Eq tr 3%s ser K 1939-18.-A^i 99% 41 38 North Northern Elee & Nor Pap Mills 1st 4s 1940-47 M&« 1st mtge 5s to 1948 M&N Debenture 6s 1913 M&N Northern Redwood Lumber— 6s 1937 .J&D / N'west Pub's Deb 4Mb 1948. J&J Northwestern Barb Wire Co— 1st mtge s f 5 %s w w 1945. F&A 3.75 2.75% 3.25%, 3.75 3.10% 3.50 93 94% 87 89 79 81 Serial 43 8 60 66 Richmond Cedar Works 6s 1953. 29 Nova Scotia S & C 5s 1959..J&J / 6s porpttual stock J&J f 1st conv s f 3%s 1963 J&J Ocean SS Go(Savannah)5s'43 J&J 90 30 79% Richmond Hos Mills 5s 194S-F&A / Richmond (Val lire 6%s '42. A&O/ O'Connor Moffat deb 6s '38 F&A O'Gara Coal 5s '55 op a ft'OS M&S / Ohio Forge & Mach 6s 1951--J&J 81 " Rima Steel Corp 1st s f 7s '55 98 Pac Coast Cement 6s A 1942.J&D Pacific Coast Co 5s 1946 J&D Pan-Amer Industrial 7s '37.M&S / Pan Amer Petrol Co (of Calif)— 1st conv s f 6s 1940 J&D15 f Certificates of deposit...... / Pan Amer Petroleum & Transpt— *i 35" 34% 34% V 55% - - - Parmelee S f 116 83 84 deb 6s 1944 A&O 45 Paton Mfg Ltd 1st 4Mb '56.M&S Peabody Coal Co (Consol Co)— 95 51 1st s f 5s 1953 ser A M&N Peerless Cement 1st 5s 1948—J&J 85% 87% 89 92 Penman's Ltd 1st 5%s '51.-M&N Penn Amer Coal 6s 1941-56—J&J Penn Mercantile Properties— 110% Secured f 3-4s 1961 90 38 J&J Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.M&S15 95 Pennsylvania Glass Sand Corp— 1st s f 4Mb I960. J&D 103% Pettibone Mul liken— 6s w w 1943 ...M&S / 36 Phelps Dodge 3Ma 1952....J&D 110% s — t Called May 1 at 103%. Canadian price, s 44 96 106% 101 103% 103% 102% 103% 101 58 106% 105% 106% 105% 74 97% 100 75 80 78 80 83 86 69 - A&O 10 Southern Improvement 1st 5s '41 / Southern Kraft Corp— 1st leasehold 4%s 1946—J&D 92% 53 36 38 18 21 _ Southwest A&O 93% Dairy Products— Southwestern Devel 4s 1943-J&J S'westLuinb Mills 5s 1955—M&N Standard Ice 1st 6s 1947 F&A Standard Oil (•< J) deb 3s '61. J&D 15-yr 2%s deb 1953 —J&J Serial notes 1%% 1943— J&J 2% 1944. J&J 2%% 1945 J&J 2%% 1946 J&J 2%% 1947--.J&J Stand Textile Prod 6%s '42 M&S Stanley Co (Camden) 6s '40 J&D Stanley Crawl til 6s 1946.-F&A Stanly-Rowl-Olark 6s 1946--F&A Starrett Corporation— Secured cum inc 3-5s Apr 1950Steel Co of Can -is 1940 Stern Brothers 6s s f 1947 J&J J&D Stevens & Thompson Pap 6s 1942 Stillwater Worsted Mills— Deb 5%s A 1943 F&A 85 35 104% 100 105 5 104% 103% 102% 102% 103% 103 104 10 105 103% 103% 103% 104% 15 81 85"" 94 97 94 19% 105% 97 20% 70 12% 98 100 A&O 34 37 1940 J&J Strange (John) Paper 6s '44—J&J StraAvbridge & Clothier— 50 52 97% Studebaker Corp 6s 1945 Stinnes (Hugo) 2d 99 Stinnes (Hugo) Industries— 98 31% 13 Corp— stamped 1946 2d stamped — 96 65 105 65 Summerfield Hecht— Extended 3-5s 1951 It Ciair Furnace 1st 5s 1959- F&A St Joseph Stock Yds 5s 1940- F&A St Louis AmusA't 1st 6s '45-A&0 St Louis Car Co— 1945-M&N St Louis Gas & Coke Cori»— 1st Msf 6s 1947 ..J&D Rky Mt & P 5s '55 stpd J& J Saratoga Victory Mills— 6%s with warrants 1943 J&J Saxon Pub Wks (Germany)— 1st extl s f 7s 1945..F&A Gen & ref 6%s 1951— .M&N 6% notes 1937.. J&J Sayre & Fisher Brick 6s 1947. J&J Schoenstadt (H) & Son 6s 1950 Schulco Co 6%s 1946 _J&J Stamped (July 1933 coup oni Guar s f 6%s 1946 ser B..A&0 Stamped Schulze Baking 1st 6s 1945—M&S Scott Paper deb 3 Ma 1952—M&S Seovill MfgCo 5%s 1945—J&J Scripps (E W) deb 5%s 1943 F&A Scullin Steel 1st 6s 1941 A&O -. - .. 1st conv 3-6s 1951 A&O Securities Accept Oorp 5a *46 J&D Servel Corp 5s 1948 J&J 98%. 68% •77 3 20 9% 106 16% 5s ■104" 106 107" Tenn 94 99 77 80 17 17% 55 64 32" 73 20 18 25 9 63 67 1.6% 16% 21 25 30 25 29 85 115 89 117 109 17% 100% 68 51 97% 105% 54~~ 99 inc 7%s July 1 1958.-A&O Coal & RR 5s 1951..J&J Copper & Chemical— Conv deb 6s 1944 ser B...M&S Tenn Prod 1st 6%s 1936 J&J 24% 25 19 4%s 1948 4 106% 95 107 98 62 66 125 129 102 103 70 Corp— ——A&O Term Warehouse 2d 5s '42—J&J Texas Corp deb 3%b 1951—J&D 3% debentures 1959 a&O Thermoid Co 5s w w 1951—J&D Three Rivers Grain & Elevator— 103 47% 107 107% 101% 72% 102 97 M&S 98 Ticonderoga Pulp & Paper 6s 1940 Tide Water Assoc Oil 3 %* '52& Jj 105% Tietz (Leonard) 7%sx-w '46-J& 20 Tilden Lumb & Mills6%s'46M&S 16 Tlvoli Brewing conv 5s 1947 J&D 65 Tomaliawk Kraft Paper— 1st 5s (with stk) 1951-—A&O 35 Trask Timber 1st 3s 1944 54 J&D / Uchi Gold Mines 1st 6s 1941 J&D 90 101 1st 108% 100% M&N Term Refrig & Warehouse 15 3.00 6 ..M&N Ooll 101 20% A nna Silk MillsSink fund deb 5s 1938 J&D Swift & Co 3%s 1950— M&N Taggart Bros Co 6s 1944 J&D Taylor-Wart on Iron & Steel— Tenn 90 30 71 ser Susqueha 20" 103% 29. deb 6s Jan 1 1951 18 1^5% conv Superior Elev & FAvdg ~17~ 105 F&A 2 Sunray Oil Corp— 50 15 104 A&O s f 5%s ser A 1951 74% 100 106% 40 75"" 60 91 Ulen & Co— Conv 6s 4th stamp 1950—F&A Unified Deben Corp5s 1955—— Union Compress & Warehouse— 1st 2M-4MB ser A 1942—.J&J _ 1st 5s 1943-1951 J&J Union Oil Co of California— 6s May 1 1942 ser A_—F&A 15-yr 3 %s deb 1952 J&J Union Rock 1st 6s s f 1947—M&S Union Term Coal Stor 6s '39.F&A United Amusement Corp— lsts f 5s ser A1956 —F&A United Biscuit deb 5s 1950--A&O 34% 48% 100 35 50% 101 101 108 114% J 107% 114% 24 98 99 108 26 101 107 100% 107% n ominal. 110% hBasis. dCalledMay 1 at 104. e Called May 1 at 103. Sale price, x Ex-interest, v 80 seats, 70 members. 100 103 J&D 1st gtd 6%s 1940. 98 18 — 162"" Transportation Co— conv 93 / 3t Paul Un Stk Yds 5s 1946- A&O 3altex Looms Inc 6s 1954 A&O 105% 97 97 1st 7s 1942 ctfs of dep M&S Sugar Pine Lumber Co— 1st M serial 6s 1932-1942-M&S 85 Ruhr Chemical 6s 1948 116 101% 89% 91% 105% 102 Rogers Brown Iron 5s 1940--J&J Rolland Pap 1st 4%s A '51 .M&N 3t L 105% 99% 96 Ruhr Housing 6%s 1958 J&J Safeway Stores 4s s f deb *47. J&D Sahara Coal inc deb 5s '40-M&N 95 69% 95" 94 J&J Stutz Motor Oar 7%s 1937.-A&O Sugar Estates of Orienta— Rom Cath Church Welfare 7s 1946 70 101% 68 35 Rueping (F) Leather 6s *40.-A&O 25 101 30. 45 28 99 45 (Portland Me) 4s 1958—-A&O Roman Catholic Church 6%s 1946 96 Panhandle Eastern Pipe Line— 1st mtge & lien 4s 1952 M&8 Paramount Famous Lasky 6s 1947 Paramount Publix 5%s 1950 Paramount Pictures 6s 1955-J&J Oonv deb 3 Mb 1947 M&S 89 101 Roman Catholic Bishop 96 7-yr div notes 3%s 1944—J&D 21 103 A&O / R ills Ko.vee of Amer 7s 1937 M&S 1st extd 6s stamped 7-yr div notes 3%s 1943-.J&D _ Rocky Mtn Fuel 5s 1943 72" 68 F&a / River Raisin Pap 1st 6s *45—F&A Roberts & Oake (Chi) 6s '44.M&N Rocb & Pitts C & I 5s 1946.M&N 15 10 93% t 103% Old Ben Coal Corp 6s (w s) 1948 24% Inc deb 7Mb (w s) Aug i 1953. / ,6% Oregon-Am Lumber 6s 1942.A&O / 32 Oregon Pulp & Paper 6Mb to Apr 30 '37. 6 % to 1915...M&N 95 Oreg Terminals Inc 5s 1945..A&O / 33 Orono Pulp & Paper— 6s stamped 1943 ..J&J f 20 Osgood Co deb g 6s 1943 J&D 49 Oswego FallcCorp 4 Mb 1952.M&8 Without warrants 93% Otis Steel s f 4%a A 1962..-J&J 68% Oxford Miami Piper 6s 1947.F&A 81 Pacific Atlantic SS 2-5s '43.M&N / 35 Ohio Leather conv deo 5s '46. J&J 100 100 RIordon Pulp & Paper Ltd— 1st 6s June 30 1942— .J&D30 85 71 335 74 105 % Richmond Radiator 5s 1948 M&N so" 4.50% 1st s f 5s 1948 ..M&S Struthers Wells Titusvllle— 1st mtge s f 5%s w w 1949.A&O 25" 5Ms without warr 1945.F&A Norwestern Term Co 5s '48..J&D f 10 103 50 Union 7s 1946 J&J Rhine-Main-Danube 7s '50 M&S Rhode Island Ice 5s w-s '51 -.F&A 91 57 Inc— Richardson & Boynton Co— Cum income 4s 1945. J&J Richfield Oil of California— Conv s f 4s 1952 M& S 7 90 Gen mtge inc 6s April 1950 Southern Advance Bag & Paper— Istsf 6s 1947 J&D Southern Brighton Mills— 1st gtd 7s 1940 J&D Spang Chalf't & Co 1st 5s '48 J&J Square D Co deb 5s A 1945--F&A Staley (A E) 1st mtge 4s *46-F&A notes— 100 %% to 2%% 1939-48-J&D Railway W'house 4-6s (whs) *47. f 17 58 Realty Bond & Mtge deb3-6s '53. Red Riv Lumber 5 Ma 1918.M&N 98 Reliance Grain Ltd 4%s 1952.J&J 87 Remington ltauu inc— 20-yr deb 4%s w w 1950—M&S 100% 4Mb without warr'ts 1950 M&S 98% Republic Steel Corp— Gen mtge 4%sser B 1961.F&A 88% Gen mtge 4%s ser O 1950 M&N 88% Purchase money 5%s '54.M&N 105 91 Re8tigouehe Paper Ltd 6s '48F&A tevere Copper & Brass— 1st mtge 4 %s s f 1956 94 J&J Reynolds Met deb 3%b '51—J&D 96 Rheem Mfg conv 5s 1948 A&O 97% ineinelbe Solvay Amer Corp 4s 1954--M&S Conv income 5s 1944 92 194T 5.10 54 Southern United Ice Co— 1st 4s w s 1950 97 100% 93 6r 4.50% Southern New England Ice— 1st s f 4%s 1967 A&O 86% 47 gold 80 5.10 Southern Ice Co— 1st &ref5-8s 1942 91 Nordberg Mfg Co 1st 6s 1943M< » 78 South Coast Corn— 86 New York World's Fair 1939— Deb 4s 1941... J Nivelle Corp 4s 1952 M<! r 48 100 100 89 Quincy Market Cold Storage & Warehouse 1st 5%s 1946.M&N Radio-Lveith-Orpheum Corp— Part paid tfs (f ir 6% deb and common stock) 65% paid 80 105% Sou Ice & Util conv 6s 1946.F&A 1st Income 6s 1958 J&D Protestant Church of Germany— . Signal Oil & Gas— Conv 6%s A 1945 M&N Slgnode Steel Strap 3%s '45-A&O Silesian-Am Corp 7s 1941 F&A flllverw'd Dairies 5s '41 to '51 J&J Simmons Co Conv deb 4s'52A&O Simpsons Ltd— 1st & coll 4%s A 1951 J&J •lkelly Oil deb 4s 1951. J&i Slattery Co 1st 6%s '45 M&N Smith (Howard) Paper Mills Ltd 1st 4%a 1951 J&D Smith (L C) & Corona Typewr'rs Deb2% to4%% to 1946—J&J 79% 1st 3s 1940 -M&S 1st 3%s 1941-1943—M&S 1st 5s 1957 M&S 2d conv deb 4s 1957 M&S Produce Term & Cold Storage— . Deb g s f 6 %s '51 with war M&S Deb 6s 2930 Ann Apr 7s 1940—J&J Smith & Wesson 5%s 1948--J&J 52~~ Socony-Vacuum Oil 3 %s '50-A&O 82 Pressed Steel Car Co 5s '51-.J&J Price Bros & Co Ltd— 1st* 15s 1953. u c 33% 7s 1946 A&O / 18 Prov Paper Ltd 5%s 1947..M&N 100 Purity Bakeries 5s 1948 J&J 96 Quaker City Cold Storage— New York Trap Rock Corp- * 97 49 Potrero Sug 7s stmp 1947.-M&N Pratt Cons Coal 1st s f 5s 55 J&J 50 f 3-6s 1953 Deb Corp— 3-6s 1953 93% 105 96 88 49 46 52 90 '53. Potomac Md Deb Con? Newport Industries— - 97" " 35% Deb 3-6s 1953. Potomac Realty Atl 97% Subord notes 5s A 1947.. Subord notes 5s 1947 N Y Dork Co 'si « 4« 1951. F&A 90% 33 J&J stamped 1942— 37 80 „ Conv 5% notes 1947 N Y L E & VV C & KH- 6s 37 35"" 90 f 104"" 96 92 Port Royal Pulp & Paper— 5s to 1941 M&S Potomac Bond Corp 2-5s 1953._. Potomac Franklin f 102% J&J Shippers Car L'ne— Equip trust 5s E 1940-4,2--A&O Equip trust 5s F 1940-45.-F&A 99% Rican Amer Tobacco— Potomac Cons Deb Corp 3-6s Potomac Deb Corp 3-6s 1953 % to 2%% 1940-49..A&O National Terminals Corp— Coll tr Porto 15% 13% J&D A&O Natl Tool conv deb 6s w w '42F& A Nat Union Mtge 3-6s A '54..J&J 2-5s series B 1954 J&J J&J gold 58 1957—... Poor & Co b f deb 4s 1946..-A&O Portld Woolen Mills 6 %s'41 M&N 62 notes—v Serial 95% — Siemens & ilalskt— 105 -F&A f 6s 1948 s —— 15-year 3%s debs 1951 M&S Co— iherf dan-Wyoming Coal 1st s f fis 1917 "4% Pocahontas Consol Collieries— Conv 6s 1942 National Radiator Corp— Cum income deb 5s 1946—] 23 Ask Rhell Union Oil Corp— 3% 100 107% " lot mtge conv 4 Ms 1952---M&S Pitts Crucible Steel 5s to 45.M&S 106 57 90 103 11% 3M 1973—J&J M&S Phlla & Read O & I 5s Conv deb 6s 1949 98 Phillips Elec Works 5s 1953.F&A 107 Phillips Petr 3s conv deb '48.M&S 103 M Phoenix Iron istsf 6s 1940.M&N 5 Phoenix Silk Mfg 7s 1943—F&A f 20M Pickering Lumber 6s A '46.-M&N 3 Pierce Butler & Pierce 6Mb '42 3 Pine Hill Collieries 1st 6s '42 A&O Plreili Co of Italy con 7s '52 M&N Pittsh Brewing 6s Feb 4 '49—J&J 109 Pittsburgh Ooal deb 6s *49—F&A 103 Pittsburgh Coke & Iron Co— 12 Bid Bonds Ask — .... Nat Industrial Loan 7s 1957 Nat Lock 1st ext 6s 1944-___F&A Nat Oil Prod deb 4s 1952 J&D Bid Bonds Ask Bid Bonds /This price includes accrued interest, k Last sale, INDUSTRIAL 84 MISCELLANEOUS BONDS & and income and defaulted bonds possible for the closing day of the month preceding the date of issue NOTICE—All bond prices are "and interest" except where marked "f" Quotations for all securities are as near as Bid Bonds United Olgar-Whelan Stores— S f fis Oct 1 1952 --A&0 _ 93 * U S Radiator Corp— conv deb s f 5s 1946 --F&A U S Steel Corp 3 Ha debs *48 J&D United Steel Works (Germany)— 90 35 Warner Co 64 Warner-Quinlan Co 6s 1939.M&S / 102 M 90 1944. Conv 102M 38M s f deb 6s Vulcan Corp ext 6s 1943-—A&O Vulcanite Portland Cement— 26"" 40 M 43 - 47 Webster (J&O 1st. « 5s '42 op M&S West Boylston Mfg 7s 1942--J&J West Disinfecting 6s 1940--J&J West Tndies Sugar 6s 1947--A&0 West Va Pgh Coal 6s 1947 90 76 1st M 88 Debenture 6s 1943-- " f 4s ser 105! 101M 1023 100M 23 8,100 9,000 Q Feb 25*" 1,375 $60,000 450 6,500 N Y Oof & Sug Ex. 344 3,000 N Y Curb Exch„. 550 10,000 2,600 900 475 "800 400 800 3,500 4,000 Chicago Bd of Tr_. 1,549 Chicago Stock Exch 354 4,000 1,500 1,600 Cleveland Stk Exch 41 2.500 Detroit Stock Exch 61 600 963 Commodity Exch 51 r 87 Last Sale N Y Stock Exch N Y Cotton Exch 53 50 Baltimore Stk Exch 76 139 Ft Worth Gr & Cot 66 213 4,000 Los Ang Stock Exch —M&N 99 Milw Grain & Stk. 75 158 523 1.000 975 2,205 350 Kan City (Bd of Tr) 5-year 7s ser / J&J / ..M&S A 1930 - Secured 6s 1945Wilbur-Suchard 4s 1952 Wilson & Co 4s ser A 1955—-J&J - 91M 9M 92 M 10M 10M 9M 18 22 85 88 17 162" Montreal Stock Ex. New Orl Cotton Ex New Orl Stock Ex. Phila Stock Exch.. Pittsb Stock Exch. A&O Wilson (W P) inc 6 Ms 1945-M&N 65 St Louis Exchange. Salt Lake Stock Ex. San Fran Stock Ex. M&S /This price includes accrued interest, 69 J Toronto Stock Exch Washington Stk Ex Winnipeg Gr Exch 70 k Last sale, n 700 105 750 500 32 Seattle Curb & M 101 Nominal, r 4.250 150 500 70 200 100 45 44 91 750 3",500 1,666 1,200 1,000 3,900 y80 75 101M 89 M 3,500 500 1.000 19 Seattle Stock Exch 1 Conv debs 3 Ms 1947 5Ms 1943—- Minn Ch of Comm. Minn-St P Stk Ex. 1,250 500 18.000 250 "300 "600 l",666 500 "400 f,6co 25,000 40,000 "360 - _ y 105 SEATS No. 106 Winslow Bros & Smith— 5 Basis. 92 84 103 H "5"" 3 105 % Wise Lime & Cement 6s '38. A&O f Called May 20 at 102. 42 90 111 98 * 40 101 "5"~ 42 M 90 M&N -M&S Boston Stock Exch. Certificates of deposit 35"" 94 106 M 102 J&D — P 1961 EXCHANGE 92 / F&A Conv deb 6s 1944 Western Steel Products— Gensf5s Jan 311956 Deb 6s 1940 10 92 105M 100 M Youngstown Sheet & Tube— 98 Wickw Spencer Steel 7s '35--J&J Certificates of deposit / Pr lien & coll 7s Jan 1935-M&N 12 93 A&O Conv 4s debs 1948 85 102M Weyenberg Shoe Mfg— 100 93 M 94 Yates-Am Mach 3-6Ms '44-A&0 101 Debenture 4Mb 1945-....J&D Wheeling Steel Corp— 1st M s f 4Ms ser A 1966--F&A Whitaker Paper 7s 1942 M&N White Sewing Machine— 100 57 91M 80 73 85 M - 53 1st leasehold 5s 1946—A&O 87 Western Grain Co 6s 1949—J&J / Western Newspaper Union— - 40 36 York Ice Macn 6s 1947 40~" - 4 Ms series A 1952 J&J Woodward Iron 1st lien 5s '62J& J 2d conv inc 5s 1962__Ann Apr Woodward & Tier nan Print— 08 1942—.. J&J 98 M&N M&N Watab Paper 1st 6Ms 1942--J&J 1st mtge sf4Ms 1952 Conv deb 4 Ms 1952 Pulp & Paper 4 Ms '52 J&D Western Dairies Prod 6 Ms '41J&D 104 M 42 Askv Wyoming Valley Collieries W Va 100 M&N 77 M M&S f M&S ; 1941 _ 30 30 1st 3s to 1941 ...J&J 3 Ms series A 1942-1945— -J&J 4s series A 1946-1947 J&J 60 58"m 56 J&D 0Ms w w 1944 Woods Mfg Co Ltd— 45 1939.J&J / -25 5 Ms notes 1937 Warren (S D) Co— 12 105 H Va Iron Coal & Coke 5s '49-M&S - M&S M&S ._A&o 104 Warren Bros Co— 56 54 1st 0s Warner Sugar Corp 7s 105 — 1943 89 M 35"" Warner Bros Pict 6s 1939 6s debentures 1948 36 7 Ms 101 94 6Ha series A 1951 — J&D 6 Ms series O 1951J&D / 37 6Ms series A 1947— J&J / United Stockyards Corp— 83 M 15-yr coll tr 4 Ha A ww '51 A&O 103 M United Wall Paper Fac 6s 1947 — 35 Universal Sewer Pipe 6s 1943 J&J 99 Utah-Idaho Sugar 5s 1946--M&S Utilities Elkhoru Coal 6s 1948 J&J / 44 97 Valvoline Oil ext 5s 1947--M&N Vanadium Corp of America— 98 Conv deb 5s 1941 -A&O 95 Van Camp's Inc 1st 6s 1943-_J&J 55 Van Dorn Iron Wks 7s June 1 1942 Vertientes-Oamaguey Sugar— 95 1st coll conv 5s 1951 A&O 11 Vertientes Sugar 1st 7s 1942-J&D 8H Certificates of deposit—----100 Viau Biscuit Corp 6 Ms *40—J&J 4 Vicana Sugar Co 6s 1955 J&J 20 Victor Amer Fuel 6s 1940—F&A 30 Victor Fuel 1st s f g 5s 1953.-J&J 87 M Va Hardwood Lumber 6s *42-J&D 1st 100«82 92 91 75K 85 M — _ 106 90 74 M Bid Bonds Witherbee Sherman Inc— Extend Income 6s 1963...M&N* Woodland Farm Dairy— 60 105 4 Ha 1945 J&D 103 Waltham W'tch & Cl'k 6s *43 J&D Walton Lumber 1st 0 Ms '41 Q-Jan / 44 58 Walworth Co 6s s f deb 1955-A&O 56 M 20-yr 1st mtge 4s 1955 A&O United Industrial 1st 6s 1945-J&D Deb 0 Ms 1941 -M&N 62 H United Securities Ltd 5 Ms 1952 100 U S Cold Storage(Ghg)6s'45-J & J U S Cold Storage (Kan Citv)— 100 1st sink fund 6s ser A 1946-F&A 98 1st sink fund ser B 1949--F&A } • 6 U S Finishing 5s 1944 J&J ... 99 96 Deb 90 23 H 23 H U S Pipe & Foundry Co— Conv deb 3 Ms 1946 M&N U S Print & Litho 6s 1950--A&O Wabasso Cot'n 3 M-4 Ms '51 F&A Walker Coal & Ice 8s 1940--M&S f Walker (Uiram)-G & W— 75 91 United Corps Ltd inc 5s 1953 F&A United Elec Coal Cos inc 7s 1946. United Drugs 5s 1953 M&S15 United Grain Growers Ltd— 5s series A 1948 J&J 5 Ms series B 1949 M&N United Merch & Mfrs 6« 1945 J&D Ask Bid Bonds Ask Canadian price, 113 40 463 s 65.000 335 3,500 Sale price. 3",400 2: Ex-interest. 80 seats, 70 members. Quotations Bid. 101 for the last day of the month preceding the date of issue. Bid. Ask. 92 91 Bid Stocks. 90 Bonds. Ask. 100 Bonds are STOCKS Ask * Atlantic 3s Burlington 5s Chicago 4Ms ..... 5s Dallas 3s / / / - Denver 3s First Carolinas 6s First Texas of Houston 5s.. Fletcher 3Ms-... - A%s .... 5s.. 36 5M 5M 102 100 M 100M 100 102 100 100 H 101 101M First of Fort Wayne 4Ms... First of New Orleans 5s.. Fremont 33 4M 4M 100M 99 H 99M 102 M 80 101 83 81 84 Greensboro (NO) 3s Illinois Midwest 5s Iowa of Sioux City 4Ms 100 101 99 96 100 Lafayette 5s.. 100 101 —— Flat price, x Ex-dividend. 99 Lincoln 5s. 89 4MsYork 5s__ North Carolina 3s 100 H 99 M Ohio-Pennsylvania 5s Oregon-Washington 5s. 100 New Pacific Coast of Portland 5s Phoenix 4Ms 5s Potomac 3s St Louis 6s San Antonio 3s Southwest 5s Southern Minnesota 5s 106M 100 22 100 H 83 Union of Detroit 4Ms.-..-.-.— 5s Virginian 3s ... 48 100 H 105 ........ 11M 99 M 100 99M 101 101 100 M 52 101 106 H 107 M 101 24 101M 86 12M 100 H 100M 101 Par 100 Atlanta 55 65 45 Dallas 55 115 Atlantic 120 100 38 Des Moines............ 100 First Carolinas Freemont 100 60 5 100 1 Denver .... — 65 2M 2 New York 4 12 Lincoln................ 15 75 Carolina......... Pennsylvania 100 65 ... 100 20 25 Potomac .......... 100 90 100 North San Antonio.... Virginia ........ Virginia-Carolina 5 .. ..,,100 75 1.75 85 78 2.00 possible for the closing day of the month preceding the date of Issue Quotations for all securities are as near as Stocks Par, Stocks Ask Bid Par Per Per share Drayton Mills—-20 Dunean Mills 20 7 % preferred- -100 Durham Hosiery— 6% preferred. .100 Dwight Mfg.—12% Eagle Yarn Easley Cotton Mills TEXTILE STOCKS Northern Mills Algonquin Print. 100 90 American Mfg—See Industrial Stocks Amoskeag Co * 20 Arlington Mills. .100 Beacon Mfg— 100 20" 18 Cotton 20 6% preferred.. 100 Berkshire 100 Preferred Border City Mfg 100 Bourne Mills——* Brighton Mills— Preferred 100 Dexdale Hosiery— Preferred .100 Draper Corp Farr Alpaca * 100 General Cotton—* Gosnold M (NB)__* 18 % "7" Gaffney Mfg 5 7 99 6 4% % Preferred.. .100 Nashawena M_ * Nashua M (N H) 100 Preferred 100 5 common ich Borden Mfg 8uissett Mills—100 (F R) 12% 1.10 1.50 36 38% 5% 6% 4% 5% 19 . 5 25' Bagdad Copper Consol Mills— Bulolo 94 98 82 87 5 5 60 78 80 55 Copper Corp 47 40 ChierConsol Min._l Chile Copper .25 45 29 Linford Marion Mfg Co Marlboro O Mills..4 Mills Common 40 1.00 23 25 54 57 85 - - 80 _ - 1 50 - «. % - - Victory Mills common...* • Soule Mill (NB). 100 Utlca & Mohawk 20 Cotton Mills.. 100 Wamsutta M—100 25 30 5 6 Evans Wall Lead— 7 % preferred. .100 19 Zinc, - - - 7 % preferred 65 . . 1 3 94 100 54 60 105 115 87 - 25 - 2 51 99 & 60 Copper Co. 100 90 95 25 Avondale Mills.... 1 Beaumont Mfg..... 20 23 Preferred 7% p Burlington Mills— i Calhoun Mills....50 Callaway Mills....* Mills * Chadwick-Hosklns Co. —10 Cannon 6% Spartan Mills... 100 Startex Mills .20 115 17 19 35 40 30 Stowe Spinning...... Textiles Inc 20 69" 3 75 13 4. 7 80 20" 90 100 47 54 40 30 38 13 16 1% 25 30 83 Wallace Mfg Co Ware Shoals Mfg 100 74 40~~ Winget Yarn Mtge 6s 2 % ■ 95" 90 109 17 National pays accrued dividend f Flat price. J Called May 31 at 100 plus div. % 110 - 75c White Knob Copper Preferred 10 Wright Hargreaves - «, 80c 1% 1 1 1% » 7% 7.14 5 Mines % 1% Yukon Pacific Mining Co.. Bd of Tr Bid Tr. 100 Bos Gr'd R'T Tr 100 Bos RET (Bos) .100 Bos Stor W'h'se.lOC 5 a a 19 a Boston Wharf...100 a City RET (C)__500 Congress St Associ¬ ates (Boston). 100 Factory Bldg Tr.100 Fifty Associates (B)_ Hotel Tr (Boston) 100 Kimball Bldg Tr 100 26 a Cent Bldg Tr 100 Chic R E Trus's. 100 - _ 15/ a a 30 14% 5 a 7 - 100 3 a a 3 a 350 a 8 a 3 TITLE GUAR ANTEE & SAFE DEPOSIT STKS Bankers Bond & % 8% Guar 1 4% Mortgage Guar..* Empire Title AGulOO Home Title Ins (NY) 5 % Trust & of New York 20 lis" 4 k Last sale n Abbott 45c ._* Lab'tories.* pfd 100 Abbotts' Dairy * Abercrombie & Fitch conv Common 53% ?% 31% % 20c 1% 41% 1% 68c 5% % 60c 55% 120 130 16 20 1 10 75 67 7 Abitibi Pow & Pap_» 6% preferred .100 72" % 4% 7 % preferred--100 Abraham & Straus.* 12 35 Acme 33 7 Steel 25 Acme Wire v t C..20 New common .10 26 14 Adams (J D) Mfg..* Adams Express * Adams Millis Adams Oil & S % 7% 19% 6% Gas.* 28 Multigraph Corp... 10 Advance Aluminum 10c 20c 53% Aeolian Co— 1% 7% 29c 4% 4% 1 % 49% 59% 50% 62 7 Class A » r 7 5c Aetna Rubber * Aetna Stand Engine* 30 Agfa Ansco 28 2% 1 Agnew-Surpass Shot Common • Preferred ..._.10( Ainsworth Mfg 6 75% Air Associates..... 1 Aircraft Accessories. 37c * 3% 3% Aetna Ball Bear...J Aetna Brewery J 1% 74% 5 26 » Aeronautical Corp.l 25 39c 49 24 Canadian 2% 2% . 6% preferred A_5( Aero Supply Mfg— Class B , 20% Castings com 6 Advance Rumely..* 22c 2.50 Nominal A B Stove 52% 7% Newmont Mining-10 New Riv r Co...100 Mines INDUSTRIAL AND MISCELLANEOUS ' Tunnel NIpissing Mines Purchaser also % 11c Addressograph and Mines com..* New Jersey Zinc..25 North Butte a syi Copper Co..10 1% 18% Noranda Without par value. Utah $6 preferred % 26% Preferred 100 N Y & Honduras Rosario ..10 • 2 % Aberfoyle Mfg.. 100 123 5H .. Mt City Copper..5c 83 110 11% 6% 62c Mother Load Coall'n Mines Mills Wiseassett Mills.. Woodslde Cotton.20 Canada 7 116 ■ 5C* Lucky Tlgei Comb Gold Mining...10 Magma Copper ColO Mayflower-O d Colony Copper.25 M cl ntyre Porcuplne5 Miami Copper 5 Mining Corp of 65 Mills. * I deferred 100 West Point Mfg..20 75 6 5% 5% 1% Silver-Lead. 1 4%% 4 1H 40% Lava Cap Gold Mini Louisiana L'd A Ex 1 118 Wellington 45 70 7% 5% 1941 Coal.l Kirkland LakeGold 1 14 7% preferred. .100 Washington MIllslOO 70 6% % 18% 121 % 1% X 31% King David Min.50c 5 58 6s Jan 10% Lake Shore Mines. 1 Lane Rlncon Mines! 11 M 3 $6 preferred 1 Isle Royale Oop..25 % 60 55" 1st 78 28% 6% 514 1 Kennecott Copper.* Kildun Mining 1 38 % 50 1st 7% pref... 100 5% pref...100 Victor-Monagh'n 100 7% preferred.. 100 Victory Yarn Mills— 64% 45 28 * Jardine Mining 121 2d 32 • 12" Union-Buffalo Mills Common 10 21 31% .10 Class A pref...100 Class B pref .50 40 13c 29% ~5% Sunshine Mining.lOc Tonopah Mining.. 1 Union Copper Land & Mining 25 7% 14% 42% ..20 Mining..1 Island Creek . 10 .... 42 12 14 Warrants Sterling Spinning—. 30 18 Copper Internatl 4 80 China Grove Cot... 7% 80 99 18 8c Seneca Copper ! Shattuck Denn 5 Silver King Coal...5 So Am Gold & Plat. 1 Title 32 Inspiration Cons 5 70 Chiquola Mfg 20 6% preferred Clifton Mfg (SO) 100 Climax Spinning..50 Columbus Mfg (Ga) Common100 Converse (D E)_100 Crescent Spinning.. Dallas Mfg (Ala) 100 Darl'gton Mfg (SO) 6 Illinois Zinc * 75 preferred- -100 10 Franklin 37 6% 64 & Smelting * Idaho Md Mines. .1 10 "7" 100 75 com. 7 12 % Howe Sound Co...6 Hudson Bay Min 70 * com % 23 ... common 104 7% preferred 100 Southern Weaving.* «§« 95 3 — 7% preferred.. 100 65 100 98 7 93" eferred Belton Mllla(SO).25 Preferred Bibb Mfg. 100 Brandon Corp A. 100 Class B_ * 8% Southern Proeess Arcade Cotton Mills 14% 13% 28% Homestake Mines 8 .50 Print Wks 41% 5% 100 Mining...25c Hollinger Mines...5 65 7 Preferred 35 102 %6 Power common..5 -- 100 Smyre (A M) Mfg 10 7 % preferred Southern Bleachery 105 38% Greene Cananea 20 6% preferred-.100 99 94 101 Hecla Mills 2% 1% Granby Cons M 8 & 82 .25 Rowan Cotton Saxon Mills Ltd Amer snares.. St Anth Gold M 1 St Joseph Lead 10 1 Golden Cycle OorplO Goldfield Consol Mines 1 Riverside & Dan liiv Common Inc.. Smelting com.. 10 7% preferredlOO 51 Riverdale Mills— Southern Mills 1% 1% Federal Mining & 21 - *•«. 31 Evans-Wallower 64 40 Cot Mills... 100 30 % 8 % Eagle Pich Lead.. 10 3 45 58 5c Dome Mines Ltd..* 50 9 - — 5 Cotton. 7% preferred Pacolet Mfg .100 7% preferred.. 100 Perfection Spinning. Pickens Mfg. Piedmont Mfg. 20 I'oe (F W) Mfg.. 100 Rhodiss Mills 7% pf % 6% 47% % 4% 1% Gold Min & M..1 Cusi Mexicana..50c - Norris Cot Mills 32 46% % 3 % 1% Cresson Consolidated 103 - - — Mills. .100 Orr 1% 1% 25 Antelope Min 2 %6 REAL ESTATE TR LAND STOCKS 32 5 Copper Canyon. 10c Copper Range * Cornucopia Gold.5c .. May Hosiery 100 $4 preferred Mills Mill pref.. 100 29 * % >37 27' 10c Copper 60 98 25 8 Clear Creek Cons— 35 25 Appleton Co 36 Cons Min & Smelt .5 * 4^ 3% * Consol -.100 7 • Cerro de Pasco 100 Nat Yam Mills % 5% % % 3% 5?' Central Am Mines. 1 Central Eureka 1 98 pflOO Newberry C M—100 * 5% 30 Monarch Pond Creek Pocahontas Utah Metal & Tun.l Walker Mining 1 3 _. 93 King (J 10 Mfg. .100 Lanett Bleachery & Mooresville 7 % preferred- .100 Anderson Cotton Mills 100 10 Callahan Zinc-Lead Co 1 Calumet & Hecla_.5 9 30 6 10% 2% United Verde Ext50c 70 ... 11% 2% % 73 Mills 25% 11 &C2% Cop & Z Co.5 Butte & Sup 37 Musgrove Cotton Amer Yarn & Proc.. Butte Carnegie Metals...! Industrial Cotton Mills pref 12 % _5 24% 5 Bunker Hill 10 29 50 34c Dredg¬ 25 12 9% 2% 1% Stand % 24c 6 Sull'nM 11% 11 % Acme Spinning Alabama Mills Gold 25 Mfg Abbeville Mills "% I ing, Ltd 7% Majestic Mfg. 20 20 5c 5 Mines com 10 100 3 % 24 12% 9 Black Hawk "3"' 3% 28 1 Austin Silver Min._l 10 6% 12 % Preferred 23% 50 30 Laurens C M 20 1% Quincy 4% 4% M.20 Comstock 76" 1 73 5% Sanford Mills Mines Andes Copper 112 Preferred 3% 17% 1% Roan 23 9 Inman 15 Premier Gold M...1 Anaconda 107 Mills. Dye Works 23 8 & 17 15 5c 7% 10 Lead Limestone Cot Mills % 60 ♦ Preferred B._ 2c Gold ... Zinc Knit 5 Flamrick Preferred B 7 10% 16 13 Smelting.. 1 $5 prior conv pf 25 Copper 50 Ariz 20 Judson Mills A 21 Saco Lowell Shops Common —* Preferred A.. 8 26 4% preferred..... $3 prior pref ..... Highland Pk Mfg 20 6% preferred Imperial Yarn 6 11 Patchogue Plymouth Mills $3 cum pf. -1 . - Amer Henrietta Mills— 10 % Pierce Mfg. Pilgrim Mills 100 Plymouth Cord- 100 Powdrell & Alexander Mining.. 32 - - Hartsville Cot Mills. 20 18% 20 20 100 100 33 - 7 6% preferred 2nd preferred 1 Nonquitt M (N B).* Pepperell Mfg — 9 Hanover 12 Pacific Mills. * .. 34 Hanes (F H) 1 % 10 Amer shs ctfs_.10 Pioneer Gold Ltd..] Polaris Mining..25c 129 r Mining... Alaska Juneau 28 7 Preferred 40 STOCKS 7% preferred-.100 6* Mt V-Woodb Mills 100 Gold Mills— Grendel 100 __ Admiralty Alaska 75 29 —. 3 % MINING 28 4m - « Granteville Mfg..20 65 4 (Baltimore) m* Glenwood Mills .100 Gossett Mills 11 100 40 98 Wabasso Cotton. 9 Gainesville Cot Mills 63 35 r 7c 35c Mining Com__25c Preferred B 50 Oriental Consol Mining 10 Pacific Tin special.* Park-Utah Consol Mines 1 Patino Mines & 100 .... 50 10 pref Conv Preferred 112 150 r 6c 26c Enterprise— —* Mills 8.60 Units Saratoga 107" 101 % 60 r Cottons.. share Oklahoma Interstate r r Ask Bid Pat Ohio Copper of Utah 1 Old Dominion Oo_25 62 r Stocks Per __ * Preferred. 100 Penmans Ltd com.* 16 100 19 1 Mohawk Carpet- .20 . . 5 67 H 55 Sagamore (F R). Montreal 41 r 100 Domih Text Ltd Preferred 8% 6 7 % preferred -. 100 Fulton Bag & Cotton Hathaway Mfg_.100 Kilburn M (N B).75 Luther Mfg.; 100 Preferred 41 36 10 Florence Mills. 15 Martel Mills 9 33 7% preferred 45 Preferred -.100 Prior preferred .25 Co 32 8 96 Flint Mfg Co 5 34 . Can Converters. 100 Can Cottons Ltd 100 Preferred. 100 II share Canadian Mills 5 ... 4 31 Per 31 Fairforeat Finish Co Serial notes Fine Spinning Co.,..* b% preferred * 7 % preferred * Blgelow-Sanford Carpet common. ♦ Ask Bid Par share Erwin 85 Preferred Stocks 110 7 % preferred. _ ... Efird Mfg 100 23 63 Preferred- Ask Bid 9% 104 . 2% Aircraft Precision Air Devices Corp..] price t New stock. 5 % 7 7 20c x Ex-dividend. INDUSTRIAL 86 MISCELLANEOUS & STOCKS Quotation* for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Ask Bid Par Stocks Bid Par 50)4 49 Air Heduc'n com..* VH 4% Alaska Pac Salmon* Albany Packing— Preferred 100 Albercne Stone of Va Vot trust ctfs 5 sS 4 J4 Alberta-Pacific Giain class Preferred 1.75 A_. * r 100 r . Amer Metal Co. 6% 5 Alexander Dept Stsl Alexander Hamilton 16 8 10 100 53 56 16% 16)4 Preferred Com__* 7% preferred-.100 Allen 27 "s'% Automobile Allied Kid Co com.5 $1.50 4 Class )4 A 9 7 157 156)4 10)4 10 12% 14 Allied Mills Inc..., Allied Paper Mills.1 10 10)4 3 3)4 15% 17)4 11)4 150 18.50 American Screw. 100 American Sealcone.5 7 Amer 7)4 Seal-Kap Seating Amer 6 % preferred . -100 60 62 32)4 American Alloy Cast Steel * Alpha Portl Cem..* 6% pref * 6% preferred..100 Alum Goods Mfg..* Aluminum Indus * Ltd * 6% preferred.. 100 Leather 40)4 128)4 * * 22)4 m 22'% 9)4 * 10 12 93)4 112 111 14% 7% preferred-.100 3% 4 Am Sumatra Tob__* 111)4 112 110 111 Amer Television 1 A-r or Thermos A__* 1)4 1 18 12 Preferred 1)4 62 Amer Agric Chora.* Amer Air Lines 10 American Arch * Am Bakeries pref 100 Class A Class B. * Am Bank Note...10 6% preferred 50 Am Bemberg com.* Preferred 100 VA 5)4 16)4 21 'A 35 33)4 12)4 46)4 35)4 12)4 7% preferred 50 8% 1)4 2)4 7 87 173 iYeferred 100 100 105 * 115 Preferred 100 Amer Coal (N J)__25 Amer Colortype. 10 125 6% preferred--100 45 15 ~5% . 6% 1st pref...100 Am Cyanamid A_10 Class R 10 _ . 5% preferred 10 Amer Distilling pf 10 Amer Dist Teleg * 7% preferred-.100 Amer 6)4 7)4 61)4 1 * Enka Amer Express $6)4 65 89 93 11)4 5 114)4 5)4 12 15 100 57 62 * com 4)4 8)4 Amer Fork & Hoe__* 19 21 7 8 8% preferred-.100 Amer Hardware..25 Am-Hawaiian SS.10 89)4 14)4 13 A 3VH 26 A 28 45 46 1)4 "l~A 5% 17 18 V8 87 Atlantic Am Hide & Leath__l 6% preferred 50 Amer Home Prod._l non-cum * pflOO Amer I G Chem A_* Amer Insulator * Old preferred. .50 $1.50 prior pref. 10 Am In tern at Corp.* A 4 . _ 2)4 3 H IS 4)4 5 2 1 value. * pflOO Rayon 1 non-cum Atlantic Refining_25 4% 'Atlas Foamite Corp^.10 Warrants Without par Rayon.* they Truss Wheel 4 conv pref_.1Q# Atlas Pipeline vt c_* Atlas Plywood * Conv preferred_20 36 15 £1 Atl Coast Fisheries.* Atl Gulf & W Ind SS Lines 30 33 40c m Powder * 5% conv pref..100 J Cream. 13 6 1.00 OA 1.75 _ 25 Beaunit Mills lnc.10 17% 5A 20)4 % 4% 15% 5 20% A 4A 14 A 110 r 7A 7% 73 A 42 52 8% 3A 2% 3 0% 10% 3 A 18% 104 Vh A 13 A 20 A 9)4 3)4 2% 3 A 7A 12)4 3% 19)4 105% % Belding Hem'way..* Belden Mfg com. .10 Bell Aircraft 1 Bellanca Aircraft. .1 Belmont Radio * 50 120% Last month's quote was incorrect, * $2.50 prior pref. _ * Beneficial I^oan Soc * Benson & Hedges. .* pref * Berghoff Brewing.. 1 Berkey & Gay Fur¬ Class Brown 5 9 8)4 8)4 8 26)4 . Co (E G) 35)4 100 7 4)4 Mfg. Buda Wheel 52 53 21)4 34 * 7 % preferred.. 100 3 3)4 100 Bullard Co Watch 17)4 24)4 * 7 9 Bunte Bros com.. 10 2% 2)4 Burco Inc 10% 50 A 9A 19 A 51 26 32 39 A 8A .... 25 Burd Piston Rlng.-l 2)4 Burdines Inc 1 4 Preferred 10A * 37 Burma _ 11 corn... Preferred Ltd— Am dep receipts- _ Burns 00 Corp 1)4 1 Bros com—* Burroughs Adding 4 Bush Term Co com 1 4)4 7% debenture. 100 Bush Term Bldgs— 7% pref ctfs-. 100 2 14 Beth Steel (Del) 55)4 106 1)4 18 55)4 1654 107 % 2 68 78 14 35)4 3)4 Butler 4 10 2 5)4 34 2)4 50c ...» Preferred 40c * - 3)4 2)4 12)4 Byrndum Corp 1 iyron Jackson * Cable Elec Products New v t c 50c CJalamba Sugar Estates com Birdsboro Steel 5)4 15)4 Class B 11 95 7)4 6)4 19:54 14 1)4 8)4 10 Bros Byers (A M) com _* 7% part pref. .100 Byers Machine * Byllesby class A—* 37)4 4 5 5% conv pref. .30 Butterick Publis—* Preferred 50 15 1 1)4 1% Biscuit-12 )4c 8 48 16 Burry Vh 12 V * Machine A VH A 1 Fdy & Mach com * B!ack&Decker Mfg * Blauner's— com 7% preferred-.100 2A 20% 46 * 14 7)4 95)4 Class A common.* Buda 52 * Preferred 78 30 Bucyrus-Monighan 7 5 Beth Fdy & Mach.* Preferred 50 Bird & Son 10)4 $5 preferred * Buckeye Pipe L..50 Buckeye Steel Cast * Bucyrus-Erie Co.-5 7% cum pref..100 Budd 51 2)4 * Collender.. Limestone $2.50 preferred..* Billings & Spen 25 Bing & Bing 5 Binks Mfg ___1 154 * .1 Rubber Brunswick-Balke- 12 6 Inc 19 Bruce (E L) Co Bruck Silk Mills.- 87 * 5 * 35 118 7)4 7% 25)4 6% 4% * & Cement com..* 1 pref. * 4 7)4 7% preferred-.100 Best & Co A Forman Brown Shoe 1 3)4 niture common.-1 Purchase warrants Borland Shoe St 12)4 1)4 * Durrell common Industrial % 20 15 lalif Pack Corp—* 6 14)4 50 5% preferred 17 50 50 Oambria Iron . 15 $3 Preferred 22 Blaw-Knox * Co 44 10 10)4 1 6% conv pf__._25 5% conv pf 25 k Last sale, n Nominal, r Campbell 46 * Bliss (E W) CoCommon. 123% )4 6 10 com. Brown Fence & Wire Bulova common Bickfords 21 Amer dep rets. 10s Warrants Home Bessemer 21 British Celanese Ltd Brown Yds Common Beneficial 20)4 20)4 * * Brit-Amer Tob reg£l Ordinary bearer£1 , 20 8 Stk 44)4 5 40 H 110 51 48 68 25 Distillery pref. 20 5% preferred 20 7% preferred--100 B/G Foods Inc * 7% preferred--100 77 31 25 A Truck 20)4 99)4 19)4 Beech Aircraft 1 Beech-Nut Pack. .20 94 15)4 * Inc 19)4 112)4 18)4 112)4 10 & 10)4 Brass Class Coupon Registered 6)4 35 RR 1 22)4 Brit-Amer Oil Ltd— A Bearings Co (Am).* 1st preferred..100 2d preferred. .100 conv A 2)4 Bristol Bristol-Myers 5 97 w 33)4 * B Brinks, 3% 20 w_* A Vh 35c 4 A 11A 19)4 7% preferred-.100 * 13% 15c 18 4 77 100 Brill Corp class A._* Class B * common..25 Beatrice 6)4 80 Class Brown 10% 4)4 6)4 9)4 Preferred Brillo Mfg & Cadwell Class B_..33ijc 20c * Associated 14 Amer-La France & * Corp registered 9 8)4 ISA 2)4 6)4 8)4 4)4 9)4 Brown Co 6% pf.100 Bendix Assoc El Indus Ltd Am dep rets ord 16)4 Hosiery....25 Amer Ice Co 6% 93 A t c v Preferred 50 Bender Body com. .5 Bendix Aviation.__5 32 Works..5 7% preferred..100 Dry G'ds.-.l 6% 1st pref...100 7% 2d pref...100 43 8 27 A 70c 50c 16)4 6)4 Brigirs Mfg * Briggs & Stratton.-* Bright Star Elec— % 100 Conv Elec.10 Assoc % 2A A 1 98 Hart- 40 15 10 Brockway Motor Appliance cl A..5 8)4 1)4 3)4 1 14 26 15)4 17)4 * com Bridgeport Brass..* Bridgeport Mach..* 1 (Ludwig) 75 6 7 * 12)4 % 7)4 1)4 19)4 4)4 * Warrants 15 Loan 5 Felt * 37)4 4 preferred-.100 2d preferred--100 Amer Hard Rubb_50 A 12% % 31 * preferred Boyertown Burial 40 Works Asbestos Mfg com.l Ashland Oil & Ref.l Assoc Brew (Can)_*ir 1st 3 * '25 A * Common 30 6 9% 1)4 Am Furniture 1 20 5 24 A Constable.5 Common Arundel 5 14 — 4% 37 1 Am Hair & 22 21)4 class A 65 Bowm Bilt Hotels— ers Brewst er Aeronaut*! 1 17 4)4 6)4 35 $1)4 120)4 % 4% 10% 33 pref..* B'r'g..5 Bondhold¬ 654 16 4 37 40 103 50 1A 100 98 * 7% preferred-.100 Art Metal Constr.10 9 8)4 2)4 1)4 2)4 3)4 10 --* Brach (E J) & Sons * Bradley Knitting— 1st preferred.. 100 Brager Eisenberg-.l Breeze Corp... 1 Brewing Co of Am_3 11 41 1 1 $5 preferred 11 cum Roll Casket "2)4 10)4 100 Belt 100 Preferred Amer % 4% 8A 4 Art Metal 102 1)4 Optical com 10 5% preferred.. 100 Bayuk Cigars » 7% 1st pref... 100 6 114 Artloom Corp 106 2)4 8)4 2)4 1% 21% Arrowhead Petrol--1 5)4 $2.75 Bower Bow-Bilt 40 Beaton 5 Growers.* Preferred Am Fruit 1)4 6 36 Hegeman 9 * 7 conv pr Arrow 6 17)4 6% )4 54 6)4 5 35 59 1)4 10% 1% 5 500 common * 100 5% preferred—30 Aro Equipt Corp.-l 30 6 2)4 5 Print 96 16)4 Preferred. 100 Pref 17)4 114)4 31 57 guar Arnold. 93 100 Paper A Mfg 1 pref__* 7% preferred-.100 Armstrong Cork * Armstrong Rubb A* SH 3 27)4 1)4 29 20 Common $6 21 113 * pref. .100 Armour & Co (111)— Forging and Socket conv Arcturus Rad Tube 1 Apr. 10 22 & 38 16)4 112)4 15 S Mills A Bourjois, Inc Bausch & Lorab common pref_. Anchor Post Fence 7% 8 160 100 Fabrics, pref 100 Preferred 35 16 Bathurst Power Baumann 27 1 Preferred Argo Oil 7 20)4 11)4 4)4 Amer Export Lines— Common 1 Amer Felt 25)4 Hocking Arnold Tiling Co Amer American shares. Anchor Basic Dolomite Class B Ark Fuel Oil pref. 10 Armour & Co of Del Encaustic American Am 6)4 48 Commercial Alcohol com.-.20 Am Crystal Sugar 10 3% 1)4 Apex Elec Mfg * Applied Arts 1 Appollo Steel 10 Apponaug Co * A P W Paper __* Archer-Dan-Midi'd * 7% preferred ..100 115 100 Chicle Amer Cigarette & Amer Bates Mfg. Bath Iron Wks Animal Trap Antilla Sugar 1 5% preferred-.100 Cigar Co 4)4 29)4 4)4 2)4 4 29 mann Corp Anheuser Busch 17 Amer 17 A Bartgis Bros com._l 6% conv pref._25 Angostura-WT upper- 1 10 f\ Barnsdall Oil 5 Barnsdall Refining. 1 Bastian-Blessing ..* 35)4 16 * 6 20 A Amer Centrifugal. Am Chain & Cable.* Bros 5)4% pref 50 Barkley Grow Aircr. Barlow & Seelig cl A5 56 Andian Nat Corp..* 2 20)4 33 A % 5)4 1 5 * ' Stainless com Barker 4 ISA Steel 48 Co common Carmel. __100 Barium 10 * Glass 88)4 169)4 __* 81)4 7% pref erred. .100 Amer Wringer Amer Writing Pap. Amsterdam Trading Canadian Properties * Am Car A Fdy 7% preferred-.100 Service cl A 100 Am Woolen Co 134 .25 * Anaconda Wire & Cable com 36)4 36 126 Bancroft (J) & Sons* Preferred 100 Bankers Industrial— Common 5)4 6 pf. 100 7% preferred.. 100 1)4 3)4 4% Amer Bosch Corp__l Amer Box Board..1 American Can 9)4 52 46 Warrants Baldwin Rubber...1 Preferred 83 78 Vitrified Prod_* Preferred 7% pref old... 100 7% pref new...30 80 4)4 11)4 lA 17 Rubber com._* Botany Worsted 23 Wks__* for com 13 Barber (W H) Co_.l Bardstown Distill._1 3 6 2)4 100 1% 150 5)4 2)4 37)4 14)4 100 Brererred 61 2 Boston Herald Traveler Corp _* Boston Woven Hose 1st preferred.. 100 Barber Asphalt 148)4 Corp .5 Scryrnser._25 2d 26 3)4 15 B org-Warner 87 81 Amer Wind Glass— Class A .100 53 5 A.Brake Sh & Fdy— Common * Am 1634 1954 53)4 16)4 19)4 22)4 10)4 com_.l Borden Co 42)4 59)2 3)4 78)4 50 Transformer_10 Am Type Found..10 7% preferred..100 110' 44)4 1% 6% preferred..100 16 108 15)4 Am 21)4 31)4 Am Beverage Corp. I American Book..1 On 1)4 5)4 19 82 Stores 2 18 * 82 25 Amer Thread pref.5 Am Tobacco com_25 Common B 25 125 * Corp 18)4 80 105 B 40)4 150 Amer Sugar Ref.100 15 Bohn Alum & Br._5 Bon Ami com A * Preferred 100 Balaban & Katz__25 V t c American Stores American Stove._ 18 Chemical...* Deferred Baker 148 Steamship. 100 * Baidw Loco Amer 60 Amer pflOO 21 1 A 5)4 Baldwin Duckw'th.* 65 5 Bohack (H C) com.* 1st preferred.. 100 Bohack Realty pflOO % % 5)4 40)4 15)4 75 Amer 130 12)4 25 Amerada conv 28 Backstay Welt Baird Telev pref )4 5)4 14)4 6% conv pref..50 Amalg Sugar 1 5% preferred 10 Amarel Corp 100 5% % 30 Am Steel F'dries Aluminum Co com.* Ainal 12)4 63 10 Preferred 100 Babcock & Wilcox.* 21)4 92)4 Altorfer Bros— Aluminum 57 H Snuff. _25 non-cum Class B 5)4 11% 27% 2 * Refg..* 7% preferred.. 100 4 7 14 27 Am Smelt & 32 Corp_____l Axton-Fish Tob A 10 98 Borne 13 tation 12 Ship Build.i* Allis-Chalmers Mfg Common * 12 28 4)4 15 Corp(Del)3 Aviation & Transpor¬ 165 6)4 13)4 55 Common 5 25 Pref ex-warr_25 Warrants 66 25 100 Bond 19)4 4)4 17)4 3)4 3)4 pref 25 com Aviation 7% cum pref 100 Am Republics com 10 Amer Rolling Mill 25 4)4% conv pf 100 Am Safety Razor— 7% 10 Stores Corp.* A 1)4 15 ~7% Tobacco Common Avery(B F) & Sons 5 6% prof ww—25 12)4 1)4 Stand Sanitary.. Amer ~7~~ .Banking conv 7A Amer Radiator & Allied Laboratories Allied Prod (Mich) CI A conv com.25 3)4 62 3A 3 Bros Common Preferred 3 Common 3 7% 1st pref 50 6% preferred ..50 5)4 30)4 Automatic Washer— 2)4 % 16 Blumenthal (SI com* 7% preferred-.100 Boeing Airplane 2A 2H Prod—5 Automatic Refrig.10 Automat Vot Mach * .5 * Bloomingdale Bros.* 12 ' 9 ment common—5 Automatic 15 30 Bloch Automatic Instru¬ .* Am Potash & Chero * 5 100 Ohem & Dye Corp common.. Conv () Bliss & Laughlin 5 Preferred ...30 Automatic Fire 110 2 * Common 24 105 7A Allied Allied * ..100 Amer Pneu Serv 7% 10 Alliance Realty Preferred % 5 2)4 22% 0% 50 Alarm common.25 28 H 120)4 27 H 24)4 Ask Bid Per 3 5% 10 com 6% preferred..100 65 25 A 24 Par, 58 19 prior A__* cum Autocar Class B Portland Cement pref Alles <fe Fisher A American Piano- 105 Industries—1 Allentown $5 2% 16)4 10 A * Tack Class A Allegheny Ludlum Steel Co. Optical Preferred 12 111 * Amer 2 % 27% * American News Co * 13 4% 2 A Austin Nich & Co_.* 55 pref_ .100 American Meter pref. .100 Algoma Steel com.* Inst 8% conv Auburn Automob..* 9 Mfg. __100 5% preferred _100 Amer Maracaibo__l 17 Atlas 17)4 50 14)4 Stocks Per share 11% 2A Amer 3% Ask Bid 17)4 Locomotive.* 7% preferred-.100 Amer Mach & Fdy_* Am Mach & Met..* Am Maize Prod * 56 50 Pari Stocks 47 Am Laund Mach_20 Amer Air-Way Electric Appliance Ask Per share 16 Per share 9)4 Cannon Wyant Fdry 55 % & * 10)4 10 14 16 13 15 Canadian price, x Ex-dividend. / New stock. Quotations for all securities are as near as Stocks Stocks Ask Bid Par Par possible for the closing lay of the month preceding the date of issue Bid r CI eve Tractor Clev Un Stk Yds..* 100 50 r Oanada Cement_100 r 97% 48% 7% Preferred 100 Can Dry Glng Ale_5 Canada Forgings— Class A * Class B * r 90 91 13% 14 7 10 Oanada Packers * Canada S3 Lines. _* Preferred 100 Can Wire & Cab A_* Class B * r 70 72 r 2 Class B pref 8 r _ * Preferred _ 105 r Oanad * r 14 100 r 99 Utensil * Invest Corp ;•-* Preferred—100 27 29 Can Locomotive Class A * r Class B Carnation Co Steel Carter (J W) Co Products 1 Case (J I) Co 100 7% preferred--100 Colt's Catalin Corp 10% Caterpillar Tract- .* 5% preferred .100 * 7% prior pref. 100 1st partic pref. 100 Celanese Corp Vot Associates 11% 69 1% 2% 11% 2% 13% 2% 25 30 35 20 Cent Foundry com Cent Ir & Steel100 Cent Ohio St Prod.l Central Paper 1 . 40 6% Certain-teed Prods .1 6% prior pref. 100 Cessna Aircraft. 1 Chain Belt com • Charnberlin Metal Weather Strip.. .5 7% 15 Fibre-... 8 2% Preferred 1 100 Charis Corp Checker Cab 10 Mfg.5 Cherry-Bur Corp..5 Chesebr'gh Mfg..25 Chesapeake Paper Chester Pure 98 Chic Pneu Tool S3 pref conv 5 Chic Towel 6 8% 9 11 V t V t Preferred Chilton Co . - 117 6 6 68 % 8% 37 2% 64 % Cinecolor 1 14 City Auto Stamp..* City Ice & Fuel * 3 4 % 9 H „ 83 % 5 2% 1 Mach * 1 9% 10% 9% 39% 3% 64% 14% 3% 4% 9% 85% 6 partic pref 50 A * B * com. 5 6 17% 98 * 100 Converse Rubber._* Preferred ...33 Special preferred. * Cook 24 78% Mar. 4 9% 30% 79% 1% 15% 24 .10 6 21% 22% 6 4 5 81 9 6% 4 27 7% 7% 3% 2% 86 Apr. 8 1% 1% 4 3% % % 2 % % 10% % % 4 % 10% 13% 1% 88% 36 113 % P't & 19% 6% 10% 13% 1% 20% 10c 50c "2% 5% 3% Copperweld Steel..5 Cornell-Dubllier Elec Corp com__l Corning Glass Wk 10 12 Preferred Prod 100 Refg__25 7 % preferred Coronet Oorroon $6 Cosden - _ 100 Phosph.100 & Rey'ds.* A 5% 5% 16% 4% 103 103 56% 169 57% $2 partic pref * Davega Sts Corp._5 5% conv pref..25 Davenport Hos'y..* Davison Chemical. 1 Warrants 2% 1% Petroleum. 1 1 5% conv pref. .50 Coty Inc 1 25 20 10 18% Am dep rets ord£l Covered Wagon Co $1.50 conv cl A.20 Crane Co 100 5% com 25 pf 100 5% 22* % Creamery Package.* 95% 17% 24" 24% Cream of Wheat Stocks trust ctfs.* 29 1 * 13 13% 35 25 26 1 Preferred 5% 2% 5% 1% 35 100 Deep Rock Oil & Ref 28 7% preferred-.100 Deere & Co com .* 16% 17% 23% 7% preferred 20 10 Dejay Stores 1 Long Hook and Eye—--.100 Del Rayon A com. 15 De Mets Inc pref--* Oennison Mfg— Class A lo 7% preferred. .100 8% preferred- .100 Supply com 10 6% preferred Derby O & Ref com * Preferred.. Detroit Aircraft 5% 4% 11% 1% % 85 55 52% "2% 2% Apr. 4 Dictograph Prod-.2 Warrants..' Mfg 1 Discount Corp __100 Distillers Co Ltd.il Distillers Corp- Seagrams Ltd...* 5% pref w W..100 Distillers Liquors..5 29 conv Apr. 20 13 12 1 % • 1% 1% 1% 19% 21 21% 23 k Last sale, n Nominal, r Canadian price. . 2% 19% * 4 Common 15 18 20 15 15% 48 49 1 1 I • Eisler Elec Corp Eftlngon Schild % 1% 1% * % 26% 9% % * com 2% 20% 14 1% % 1% 1% % 27 10% 1% 66 62 6% preferred-.100 8% preferred..100 68 j Household 2% 5 3 2% $4 partic pref * Elec Stor Battery..* Elec Vacuum Clean* Electro Bleach Gas .* Electrol Inc v t c 1 2% 3 5 25% 26 lo 17 25 27 1% Common 1 Electrolux Corp.-_l 1% 10 9% 1% 18% % 19 Elk Horn Coal 96 1 1st preferred 2d preferred % Ely Walker D G..25 15% 1st preferred ..100 k 115 2d preferred.. 100 k 90 Emerson Drug..2% 19% 4 4% 29% 28% 39 40 20 22% 102 6 29% 6% 33% I 11% 9% 7% 2% 155 i% 11% Empire Sheet & Tinplate. * Employers' Group 2% Emporium Capwell * 165 21% 16% 17 82 85 1% 3% 7% 2% 3% 8% 10% 33 * 5 * 28 30 Doehler Die Cast..* 13 4% 7 13% Associates * Preferred w w__50 Emsco Derrick 6 14 7 101% % 5% Eureka Vac Clean_5 5 Evans Products 5 Ever Plastics Corp.l 7 Ex-Cell-O Corp 3 Exch Buffet Corp.. * Exolon Co com * Faber Coe & Gregg. * Preferred 100 Fafnir Bearing 25 Fair (The) Chicago * 7% preferred.. 100 23 Fairbanks 27% 30% 8% preferred.100 Fairbanks Morse..* 31% 25% 16 % 32% 25% 17 19% 37% ' Endicott-Johnson_50 5% preferred.. 100 Equit Of ice Bldg..* Esquire-Coronet 1 Eureka Pipe Line_50 21 x Ex-dividend. 19% 3% 65 _.4 9% 8% 19% 3% 6% 1 * Class B 2% Emerson Elec Mfg.4 Preferred 118 23% 7% t New stock, 175 * 17 20% 5% * 6% preferred-.100 Easy Washing Mach 92% Dixon (J) Cruc-_100 Dobeckmun Co coml Bdge.lOOr 14 145 Electromaster Inc. 1 Elgin N Watch 15 Eljer Co com * » Dominion 5% 1 15% Class Dominican Coal pf 25 r 4% 5% 20 Electrographic Corp 9% 32% Fields 30X| 34 . * 1% * % 6%% pref 100 22% | Domestic Finance— Cum preference.* 97% 18 I Dominguez Oil 6 1 1% Dixie-Vortex CoA Common Preferred Eastman Kodak Util Corp Dewey&Almy Chem 100 13% % Elec & Musical Indus Am shs Elec Shovel Coal— 24 Preferred 55c 1% 15% Eastern Roll Mill..5 Eastern Steamship.* $2 conv pref * Eastern Sugar Assoc 8% 15% 7 108 Dictaphone Corp..* 15c East Boston Co.. 10 East Dairies Ltd * Eastern Air Lines..1 Eastern Footwear.] East Mall'ble Iron25 14% 20 2 9% 9* pref. 20 Electric 100 15 6%% pf (ww) 100 3% 5% 1 conv 50c » * Oil Elec Ferries 114 100 10 __ 1 31 Electrical Steam Sterilizer 1 Electric Auto-Lite.5 Electric Boat 3 25 22 B Common 10 Warrants 18 2d preferred Devonian Oil Preferred Dexter Co com....5 Diamond Match * 137 Edison Bros StoresCommon 2 Mfg— Devoe & Raynolds— Class A (non-vot) * 139% 119% Economy Groc Sts_* Eddy Paper * 5 30c Detroit Harvester. 1 Detroit Mich Stove 1 Detro t Paper Prod 1 Detroit Steel Prod.* 9 5% preferred...50 Educational Pictures 36 1 11% 104 6% preferred. .100 Duro-Test Corp 1 Duval Texas Sulph_* Dwight Mfg 15 Eagle (C K) pref 100 Eagle Lock 25 com Class B Eaton Mfg Co 60 * com 25 100 * Class B 12% 12% 4% * k 1 deb.-100 cum $4.50 cum pref__* Duquesne Brewing_5 Durham Hosiery— 18% 17% Dentists' (The) Noc Duplan Silk * 8% cum pref. .100 DuPont (E I) de N 24 /mmer Foundry (R G) I Bradstreet Corp.' $6 preferred * Dunhill internat'l.l Dun Common 4 17% 5% Dold (Jacob) Pkg— % Without par value, 17 Mfg Records 23% Eastern Mfg com..* Preferred * East Racing Assn..* 5 4% 15% 15% 5% % Dr Pepper Co. Dodge Cork Dodge Mfg 1% 7% 4% 6% 4% 10 13 '(Mien) Laboratories cl A. il .50 5% 5% * Condenser 1 Mont Eason Common 85 Courier Post— Preferred 100 Oourtaulds Ltd— • Common Class A Divco-Twin Truck. 1 Dixie Home Scores. 1 171 30/ 76 6 Darling Stores Corp Di 13% 3% 98 pref..* conv l Differential Wheel .1 Voti ng trust ctfs.. 9 54 Corn Corp Darby Petroleum..5 Darco Corp 8%pfl00 Dardelet Thr'dlock * u 104% 3% 1% 100 & Co common. .20 15% 53% 51% 110 Apr. 11 1 1% 4% 4% 16 Diamond T Motor 8 59 14 83 6% part pref...25 Diamond Shoe com * 3 56 74 Common 90 36% 114% 6% 2% 22% % 6% 51 12% 46% 15% 6% pref ww—20 Detroit Gray Iron & 3% Vurn..* 11 7% cum pref.. 100 $8 cum pref * Cutler Hammer * Common 108 2% 4% 36 25% Uet Gasket & 12 1 30 De 1% 1% 8% 5% 8% 3% 5% 25% Gilbert Corp 85 73 4% .1 7 83 ~3% 62 Oushman's Sons— Deisel-W 82 ~6% Dubilier 42 5% preferred * Cooper Bessemer..* $3 prior pref * $4 Hobbing com . 8% 13 Duff Norton Mfg. _1 Du 7% 2% 6% A_* % 41 Dailey 12 n-c Preferred ■ 3% 20 * com 72 16 Clayton & Lambert * Cleveland Graphite Bronze 12% 6% 5 Cleveland ~2% 16 108% 10 1 2% 60 10% % 9 100 40 10 10 % _* Class A... .10 7% Cin Un Stk Yds.. .* Preferred 15% 15% Preferred 104 10 Claude Neon Lt 21 15% 15% Oont Screw 6% * Equip Co A partic..50 B partic * Oont Steel Corp Preferred 102 100 Clark 19 25 104% 185 * (D L) Co....* 6%% prefeired 100 Lighting * $7 preferred * Ourtiss Wright Corpl 64 02 12 12% Clark Controller c c * conv Dryden Paper 6% Curtis Publish 5% 2% 22% % 5% 45 Clark c 100 2 % com 10 Oont'l Oil (Del)...5 Oont'l Oil (Mex).--l Oont'l Roll & Steel * 5% 12 6%% cum pf..l00 City & Sub Homes 10 City Stores 5 C-.25 C..100 Continental Mot._l 5% 11 % 103% 12% 40 Inc t v v t 8% preferred..100 Continental Can..20 $4 50 preferred..* Oont Diam'd Fibre_5 3 35 Chrysler Corp Retail Sts.-l Class H Childs Co com * Class 12% 32 % Conv preferred..* Chic Yellow Cab..* Chickasha Cot 0.10 5 19% Contai ner Corp 26 Continental Baking 13 113 Stores Part % 2% 4% 60% 3 * .100 Steam Valve. .5 Driver Harris Co.10 Cunningham Drug Cuneo Press 13 59 Indus.-l Common * 81% O 24 5% prof Tobacco 5% Preferred .100 Oudahy Pack 50 o 80% Lithograph..* Tool uts V t .... ;* com 2% 4% 18% Consolidated Textile Consolidation Coal— 29 »* $2.50 prior pref..* Chic Ry Equip 25 Chic Rivet & Mach 4 2% 4% 12% 4% 57 8% prefer red. .100 Consol Royal Oil.10 Consolidated Steel * 100 27 Chic Molded Prods 1 Chicago Nipple. 22 85 Consol 20% 120 Silk Preferred 100 Chic Mail Order. .5 10% Consumers Co of III 50 Hosiery 6% pref 10 Chic Dally News..* Preferred .__* Chic Elec Mfg A..* Chicago Flex Shaft 5 Chic June Rys & Un Stk Yds com..100 104 Decker(A)& Cohn 10 Warrants 19 7% preferred-.100 Sugar— Common 7% 115 5% preferred.. 100 Dri Cuban Atl * 1 Consolidated Oil Board common..* Preferred..- 8% 7% preferred-100 7% 4% * 100 Cuban-Am Sug___10 23% 7 $2 cum part pf..* Cons Laundries —.5 15% & 22% 100% Decca Cons Mach 28% 2% Film Cons 96 88 27 10 19 10% % 104 13% 103 1 pref conv Cons 7 5% 3% 5% 5 7% %6 9% Cigar Corp..* 6%% prior pf.100 7% preferred-100 4 5 5% 3% 73 8% Cons 7% 2 10 69% % % 1% 110% * * Dresser Mfg com__* Dresser (S R) Mfg— 28 7% preferred-.100 Crystal Oil Ref * 8 58% * com Dow Drug.. Preferred 1 27 Cuban Am Mangan 2 * Conv prior pref Dow Chera 80 14% Consol Biscuit Consol Oar Heat. 100 • Cen Violetta Sug Centrifugal Pipe.. Century Rib Mills 7% preferrod.-100 $3 2% 10 9% % 16% 10% 78% 14 Stores Common 2 31 5 Consol Aircraft 13 24% 13% Pub._* "2"" 1% 10 35 Dayton Iiubbe com ' ' 24 1 9% 4% -..-25 Coal B Doubleday Doran.* Douglas Aircraft..* Douglas (W L) Shoe 111 31 Cuba Co.. Preferred 27 158 100 Dominion Steel & 30 xY\t Congoloum-Nairn. * Congress Cigar * 22% 1 % Plantations --.100 Central Cold Storage 61% 108 Glass. 100 Preferred Dominion 6% preferred__.10 60% Dominion 29% Seal.* Indus Conde Nast % Central American Bid Par ' 5% 5 $2.25 pref w w._* Preferred x-w * Crown Drug com 25c 1 ext v t c Gases 20 21 Crown O'k & $5 conv pref * Crucible Steel...100 Shoe Mach 54 19 * 5% preferred..100 Oompo Compressed 4 3 52 * Airport 16% 60 5% cum pref. .100 Celluloid Corp 15 1st preferred * $7 preferred * Central Aguirre * Prior Preferred .50 Crown Central Petroleum (Md).5 Crown Cork Int A.* 2% 16% 27% 10% % * $2 preferred.. * Combustion Eng._l Oomra'l Solvents-_* Com'wealth Dist-.l 84 80% 11 % * com 3% 44 ' t c * v Columbus'Auto— Parts com 105 16 pref--* conv Oolum Carbon 7% 18% 80 * ctfs com..* tr $2.75 6 3 1 Common 15 43% 104% Crowley Milner Preferred 1..25 Crown Zellerbach__5 Columbia Pictures— 74 113 1 100 _ Columbia O & G 100 Curtis 25 Columbia Mills. 6% Case Lockwood & Brainard Co.-lOO Case Pomeroy 5 Castle (A M) Co..10 1 Patent Fire B'casting Sys Inc class A 2% Class B 2% 3 9 Stocks Per 20% % 12% 26% Ooluatbia 16 12 70 * Arms Mfg 28 110 . Croft Brewing 1 Crosley Corp * Crowed Publish'g.. * Preferred Columbia Baking._* Preferred * 4% 14% 11% 2% 6% * Col Fuel & Iron Warrants 24 27 Ask 19% Cuban * common Ordinary shares.. 6% conv pref 1 % Bid 5 Orocker-Wheeler ._* Colon Development 51 3% Creole Petrol 100 Colonial Beacon Oil * 62 22 5 Casco * common wire 5% 56 * Carpenter I 1 2% 25% Collyer Insulated 5% 46 Carrier Corp 1 Carriers & General .1 1 2% 24% 128% 120 * Collins Co. 80 5% * 40% 119 5% preferred-.100 1% 1% 1% 1% 5% 5 Chapman Valve 14 21 Peet v 75 6% pref 37% 89 6% preferred 100 Carey (Philip) * 6% preferred..100 5% preferred-.100 Carib Syndicate-25c Carman & Co A * _ 39 85 Collins & Aikman..* 12 9 r 2 920 102 98% r 39% Colgate-Palmolive- Capital City Prod.* Paper 39% 1% Coleman Lamp & Stove common..* 5% 15 r 5 * Coca-Cola Co 14% Carborundum Co..* Champion 14% * of New York 101 4% r CI A voting * CI B non-voting.* Preferred 4% 12% Coca-Cola Can Indus Alcohol— Common ._* com Peabody * 7% preferred-.100 Bottling - 10% .1 Can Fairbank pf.100 Canadian Foreign Central 4Vs 6% Coca-Cola Intern-_* Canadian Dredge & Dock Co * Cluett 34 10% Canadian Colonial Celotex 100 Clover Val'y Lumber Preferred A 100 Club Aluminum 18 33 r 4% 5% Preferred Clinchfield Coal. 100 61 17 r Airways * Clorex Chemical 2% r r Canadian Car & Fy * Preferred 25 Preferred * Cliffs Corp v t c Climax Molyb¬ 10 Canadian Bronze..* Preferred 100 Celanese Common 7% r Par Per share Oleve Worsted Mills 50 denum Co. r Stocks • 4% 3% r Ask Per share Per share Oanada Bread-—--* Preferred 100 87 STOCKS MISCELLANEOUS & INDUSTRIAL MAY, 1939] Co 25 39 15 6 18% 5% 7% % 16% 1% 6 40 1 17% 1% 8 .... 92 97 3% 33% % 36 4 26 4 5% 26% 88 INDUSTRIAL Quotations for all securities Stocks Ask Bid Par Stocks Par ilk 2k 25% 7% Fail-child Eng & Airl Bid Fajardo Sugar 20 Falstaff Brewery.-1 6% conv pref 1 Family Loan Society . 3 7k * 23 H 50c iH 2 H Famous Players Corp com..' Can Fanny F'mer Cand 23 Fansteel Metallurg * 24 19k 5k r * . 20k 6% 1 Fashion Park com.* Preferred * 4 Fedders Mfg 5 Federal Bake Shops* Preferred 30 5% 5h Radio General Electric.--* General Elec now 4k 2 4 7 20% 124 21 11 6% 34k 18 18k 11 ii* iok ill* II* 42 k - Hamilton 89 41 k 99 99 k Illinois Brick $5 * Class A * 30 3f* 71 Federal Match units Federal Motor Tr-_* % 3% 2% 20% 85% 16k 15% Enamel 1 Trading G Gen Plastics * 31 20 22 2k 22 $6 preferred 86 k 17 16k 45 Flat Am dep rets— Fldelio Brewery... 1 8 15% Filene's(Wm)Sons _* 24k 19 % 100% 40H 10 Common First Nat Stores—* pref * Gen Theat Equip..* conv Time Instru..* 6% preferred-.100 102k 20 k 9 41 Class B .1 com 74 * 12 * i4k 19* s. 18 k 32 * 26 k 27 k Giddings & Lewis-.2 Florsheim Shoe com* 16% 18k Gilchrist Co com_ - Fla Portld Cem u t Florence Stove Flour Mills of Am. 3% * 10 Cement 100 3% Food Machinery__ 10 22 pref. 100 106 4ks Foote conv Gear Bros Mach com & 5 22 k 107 2k 6 Ford Mot of Can 100 Class A * 7 5k 16 k 4 k Heller 15k Helme 32 36 Globe Knitting..2k Globe Wernicke.-.* 4 18% is k 18k 19k Ford Motor France 1* lk lk * Goldblatt 7k 86 k 9 Bros Preferred 50 pref 16 17 Golden State Co 67% 2% * 75 Goodall Foreign shs A * 2k 5k * Foundation Co 8 * of Canada 9 Fox Film class A—* xiH Fox (Peter) Brew..5 F-R Publishing * 13 k 14 Francisco Sugar * Franklin Process—* 26 t Franklin Rayon. .1 Ry Sup..* 18" 'S" Simon see Malt common 15 k 59 k * 24 k 94 k Rubber com pref * T & R of conv 14" Goodyear 16 Gorham Mfg v t c_* 6k 7k 17k 16k Grand Nat Fuhrman & Schmidt 10 Gabriel Co cl A Raps Varn.* 4k lk 41k 2k 2% 1% 2% 8% k * Galveston Houston* Gamewell conv 1 12 2 2k 9 k 14* Co. * pref * 81 * 94 96 * 11% 12k 9% 10k pf__* conv 20 $1.80 prior pref-. * Gray Mfg Co 10 Gt Atl & Pac Non vot Dock W'house 2 3 4k 5k Gen'l Amer Oil of Texas common. .5 Preferred General 10 Transportation.. 5 General Baking 5 58 1st pref * General Box Corp.l General Bronze 45 133 140 * Without par U 90c 2 3 k 9k * 19 7% preferred--100 Gen Candy A 5 8 80c 5 General Cable Class A k 8k 43 • value. 10 l\v" 45 9k 10k 12 28 23 k 3 k 24 34 k 39k 19k 8k Common * Hollander (A )& Son 5 Holland Furnace. 10 $5 conv pref...98 21 Co * Holt (H) 5 Co A..* Honolulu Oil Hooker Electro Chemical * 23 K 26 k com. 100 100 Horder's Inc com * Hormel & Co com..* Preferred100 Horn (A C) com 1 Prior preferred..5 Horn Hard't(NY)_* ____ 10 12 27 17" Ilk 26 k 1 % 27 k 16.50 18.50 13 Guantanarno Sug__* 8^ preferred..100 Gulfboard Oil.; Oil Corp k 5* 16 lk 2k 14 k 15 k lk 1 1 12 k 2k 15 k 2 k 25 3ik X Name changed to Atlantic Rayon, 4k ~5k 12k 15% 4 6 k 7k 31 k 32 k 107 k 108 k iok Ilk 96 7k i9k 1 8k 12 12 102 8k 21 77 83 85 iok 23 k 101 2 4k Ilk 26 "3 k 5 k 37 k 110 k Apr. 24 18 lk 21 lk * 73 75 k 19k 92 20 k 95 Steel _ _ 2k Agricultural-_* 7% prior pref. 100 10k 156 2k 160 2k 2k 48 k 2k 45 k 1 49 k 3 k Match £1 Int Mercan Mar * Int Nickel (Can)..* 128 7% cum pref. .100 International Paper Power 55 k • * Indus 21k 2 k 54 k 7% preferred-.100 International 20 21 Mach__10 Publishing pref..* Infcernat 18k 167 164 Int Cigar Mach * Internat Educational Harvester 8 k 2k lk 16k TnUBusiness Mach. * Tnternat Button Hole In' 2k 8k Int. com.. 8 15 8 k 29' 100 _ 46 136 29 k 2 2k Petroleum * 24 k 94k * 2% Internat * 3 Preferred 100 Int Safety Razor B_* Internat Salt * 25 72 Coupon shares. _* Registered shs Pulp 25k 3/ 5 "k 31 k. 33 * 32 50 19 82 88 k 1 2 k 3 Internat Shoe Internat Silver 33 k % 2% ik 27 k 21 k Bakeries* $5 preferred __„_.* - _ Iron Fireman vtc 4k i5k iok 1% * 11 „bm lk P-eferred k 6k ik 4k 7 17 19 * 68 70 k Tea Jnhns-Manvllle 7 % preferred * - Tin 69 H . 125 100 . 71k 128 3k * 4k Foil 6 Metal 100 "Ik common. 7 % preferred 100 Joplyn Mfg & Supp.5 Julian & Kokenge. * Kahler Corp 100 _ _ 21 36 k 36 100 "2 19 Jonas & Naumb'g2k Jones & Laughlin Steel 3 22 k 25 lenkins Bros Johnson 3 __10 2 17 16 Jefferson Electric. _* Jefferson Lake Oilk 10 k ..25 40 23 - 40 25 130 •-- * 1st preferred ..100 2nd preferred Hubbeli (Harvey).5 Hudson Mot Car..* Humble Oil & Ref.. * Hummel-Ross Fibre Common 5 Hunter Steel com__* 20 4k 17 k 10 i5k 43% 46 100 85 89 1 4 Furnace com 5k 5k 3 "9" 12 36 40 "9" 5k 57 k 16" 5k 58 Preferred Katz Drug com Kaufman Dept New 5% common conv 7 3k 2 10 Canadian price, 16k 2]4 4k St's 8k 90 1 pref. 100 9k 98 10 4 __100 80 Kayser (Jul) & Co_5 Keith-Albee-Orph— 7% conv pre' 100 Keith (Geo C) Co— 7% preferred 100 13 k 14 85 98 20 25 Preferred Keller k 5k k Dorian Colorfilm 20 Kellett Autogiro 3k lk 1 k Kane Carburetor. Kaynee 1 Howe Scale k 8k 16k 16 k 13 2k 21k * 4 13 7k Irving AirChute.-.l Irving (John) Shoe.l Preferred w w_ .25 Jackson (Byron) see Jacobs (F L) Co 1 Jarvis (W B) Co 1 ik 29 k 9 KC Stk Yds Me. 100 30 10 k Howard Aircraft r 96 k Kalamazoo Stove & 15k com 30c 19 k 19 Interchemical Corp * 6 % preferred 100 Johnson Oil Ref $1.50 conv pref.20 Houston Oil (Tex,)— Nominal, 94 k 118 Jeannette Glass 80 3 k n ioc Industrial Rayon * Ingersoll Rand * 6% preferred.-100 lk k 10 9 11 22 1 otfs__ lk Indus Finance vtc 1 Preferred 100 Indus Machine 1 78 k 28 k _ com 30 Equipment 1 Interstate Hosiery.* Tntertype Corp * 65 k Lastjsale. 1 Interstate Dept St's* 7 % preferred 100 Interstate Home— * _ 6% preferred 1 B Indu6 Accep Corp— Cum pref 100 Indus Brown Hoist— 1st pref 10 19 108 33 lk 15 64 k tr 1 Interstate 103 k Vot Ilium 15% 24% * 2 Terr OP non-vot A i4k 23 k Finance Common Material lk lk Indian Int Text Book * Int Vitamin Corp__l 5 % preferred 100 Houston Oil Field Ilk 3 6 39% * Class B _ 16 k Preferred-.: 25 Warrants Grumman Aircraft 1 Class A. 28 5 Statler corn.* Household 6k 6k 2k 35 Houdaille-Hershey— 5k 39 4 com 137 36 1 Watch 5% preferred.. 100 k 5k _ Jewel Preferred 9k 128k 25 * 1 Engineering 3k 9k 8k 30 Holly Sugar * 7% preferred. .100 82 128 Group No. 1 Oil Group No. 2 Oil Gulf 7% preferred—_21 Preferred Ilk Gruen American k 7% Hoe (R) class A.. 10 Prior pref __65 Hotel Waldorf-Ast.l Brew 5 k % pref 25 Groc Mmre Prnd_25c Preferred 3 8 k % k 2ok lk A 1 Hotel 2k 5 Class 8 Chem 2 1 46% 50 "e" 1 9k 15c 7% preferred.-100 35 1 J* 35 95 lk 13 k 5c Indiana Pipe Line 10 Indian Refining. 10 Internat k 50 "5k 8 % 8% Warrants Gas 2k 10 4% 14 5 k conv pref. _50 Gen Accept'ce Corp 100 33 k 12k Gaylord Container_ 5 37" 35 8 . 4 6 Indiana Steel Prod.l Ac SpencT Hilton-Davis Common 18 3 $3 pref * Indiana Limestone.1 5 % conv pref. 10 25 Preferred Hiawatha Oil & Common 29M Tnternat Prod 10 Common (Ohio)-* Nor 20 * 3 105 7 k 31 90 27 24 k 17 59 pref--.20 Hevden Chemical k 22 k com 10k conv 13 80 com Conv preferred_20 Gen Alloys Co * S3 103 35 Great Lakes Term Great 61 Hooven&Allison.lOO 1st preferred..100 Great Lakes Dredge & 22 102 57 Hires (C E) Co A..* Class B * Tea Pap 25 Great West Sugar. .* 7% preferred.. 100 Greenf Id T'p & Die* $6 preferred.-100 SI.50 preferred..* Green (H L) Co.-.l Greif (L) & Bros Greyhound Corp..* 5 % % preferred -10 Griesedieclc Western Garlock Packing Gar Wood Indust * 5 Holophane Graten & Knight--" PrefoiTed 100 20 $5 conv pref. .100 Hiram Walker see W City Pig common-10c Great I akes NS., Gannett Co Inc— $6 conv pref Gardner-Denver e 1 5% preferred 28 39 Gair (Robert) com.l $3 Preferred 10 Gallager&BurtonA 25 27% pref. 100 Fuller Mfg com 1 conv nref Hewitt Rubber i3ik 100 _ • "k Granite City St'l..* Grant (W T) com.10 23 1 S3 convertible—* 131k 3k 75 k ke 5 cum Grand Iron 96 - Fuller (G A) Co— Common 70 Films.. 1 Preferred. $3 55c 45c k Grand Rapids Brassl Grand 1 6% preferred.. 100 Hershey Creamery * Preferred..-.-100 Hershey Chocolate_ * 9k 9 3 H 11 k $1 % preferred-.5 Hinde & Datich 10 Silk Grand Union Brewing com 22 * 8k k 1 _ Bart & Co com.25 17 20 Hosiery com * 7% preferred__100 Graham-Paige Mot 1 24c 65 conv Indian Motocycle..* Preferred 10 Indiana Gas Ac Chem Common 5 Realization 5 Preferred __5 New preferred!* 2 lk 15k Gotham 7k 11 97 22" Gossard (H W) 12c" * 63 k 25 57 k Units Fuller Brush com..5 Preferred 100 59 k 57 30c 111" 150 k 1 _ 28 k 16 Sewing 8 * Hibbard 20k 6k 17% i5k 1 16 Preferred... 50 Gorham Tnc com A. * ' 4 * 70 * , Heywood-W akef iel d 67 $3 preferred 25 Oil Royalties 5k * Canada Fruit of the Loom S6 * * $5 3k 5% Partic conv pref 15 Fruehauf Trailer._1 7k Goodyear Tire & 3k Froedtert Grain & 4% Goodrich (B F) w._?5 Hendey Mach $4 42 4k 19k 100 Preferred 7k '" G W) Helvetia 12 15c Freeport Sulphur. 10 French Investing-_* I* 28 3 Franklin 97 k 32 k 38 7k * E) com_2 Hercules Motors Hercules Powder 30 1 $5 preferred Four Wheel Drive. 10 Franklin Worsted.50 3k 7 k 6 k 18 k 105 k A Hendrlck Ranch lk 10k Good Humor Corp Rub'stein..* (W Preferred "3 k 2 8k 7% non-cumpflOO 5k 8 27 Preferred * Goebel Brewing.-k Motor 8 Class 16k Pneum Tool Intercont Rubber. _* fnterlake Tron. * 5 10 k 8 Corp com_3 Parts Helena 24 k ' conv Foundation Co—-1 9 * _ Golconda Petrol* Am dep rets Fort Pitt Brewing. 1 Foster Wheeler._ 10 Heln-Werner 67 3k * Gobel (Adolf) Co.-l Godchaux SugarClass A 6 3k Apr. 10 4k 55 k l<j 10 k 7 k 6k 16 5 com Brit & Irel'd Inland 3k .5 7% class A pref.25 50 5k 8 k k Stores Hecker Prod com._l Heileman Brewing. 1 15k 4k 15k Preferred 45 k Hearst Consol Pub 6 k 6k 50 * 44 pref, .50 conv * Class B * 5k 6k Dept Common. 6% 47 Co -.* 5 Fleams * 5 Glidden 4 8 4 4k. 5k Apr. 10 15% 15k 16 15 k 1 lk £1 . 1 lk 21 * 55c 21k pref Hawley Pulp & Pap 27 k 25" CHss D 75 2 30 Glen Alden Coal 25c _. conv 4 k % conv pref 50 5k 1 n-v 6k% pref w w 100 Hathaway Bak A__ 100 30 20 Harvester.* lk 4 k 5k 2k 6 Bros 10 k ik 3k 5 k 4k 72 k ik 98 k 27 3 k 29 $6 preferred 9k -.2 26 Saf Razor.* k* Hazel-Atlas Glass.25 Hazel tine Corp * * * 1 70 J $7 preferred Hayes Body.. 1 % * Gimbel 9 3% ord.. Class B 7c 98 h ~"k Common 50 Gillette 2% 4% Preferred 100 Foote Burt com * Ford Motor Ltd— Am dep rets k 93 5k Schaffner Class B 4 Am dep rets ord £1 6 53 4k HaskeliteMfg 5 Hat Corp class A__l 4 k Gilbert (A C) Preferred Gleaner 10 1 w 4 Gibson Art $5 ennv pref Gilmer (L H) 2 Follansbee Steel— New 97 k 50 com 4k 12 ik 6% Bros—* Preferred if* 12 Giant Portland— 8c 3c * Follansbee iok 10k Preferred * _ Preferted Fohs Oil„- 2 24 Imperial Oil Ltd * Registered shs * Imperial Pictures_.l Imperial Tobacco of G 20 and Marx Harvard Brew $7 72 D & D com Hart 23 k Class B 6% preferred-.100 FltzSimons AConnell Fllntkote Co 90 23 107 Imperial Tobacco * Tnb 18 k Georgian (The) Inc * 8% class A pref.20 9 87 20 135 5k 100 Hartman 99 k 5 7 h Preferred is" 8 (M 1 16 17 22 9k 7k lk -2D 22 * 10 Independent 52 98 k H)-._* Fisk 7k 110 % 15 k 6k 36 100 18k 130 k 4k $5 preferred.. .100 HarnischfegerCorplO Hart & Cooley 25 Hartf'd Rayon vtc.l 5 Rubber Corp.l Fishman 7k 108 99 5 6 % cum pref A 100 Genessee Brew A..1 Gen Tire & Rub Firestone Tire & Rub 6% pref ser A .100 $6 Gen 132 128 Finance Co of PalOO ke 30 22 5th Ave Coach—25 Refractories..* Gen Steel Casting— Common * 10 * "M" Field (Marshall) see 6% preferred.-100 Gen _.l Preferred * Gen Rayon A stk-_* Gen Ry Signal * 4k 34 k 20 * com lk 100 Indus rets of Canada * com 6% preferred. .100 Harrisburg Steel 5 Harris Seyhold Potter 33 Preferred 25 General Print Ink-. 1 Corp. Ferro F lk 3 k 21 Harbison-Walker 77 i-X 19 * * pref cum «* 6k Imperial Chemical 50 Refractories Common 4k % preferred 100 Federated Publica's* 5k 1 $6 preferred... 100 Hammer mil I Paper— 41k 123 k 6% preferred-.100 Fed Screw Works--* 15k 12 10 7% pref unstpd 100 7% prefstmpd 100 Hygrade Foo I Prod5 Hygrade Sylvan * 6 %8 conv pref Ideal Cement Preferred 35 k Federated Dept Sts * Common ¥' 15 Hanna (M A) 122 k 13 o 3k lk Huylers Inc— 14 82 34 % Compress Hussmann-Ligonier » Mfg— -..10 Hammond Instruml Warehouse_-25 , i lk 1 5 20 ik 9k 10 k Common 119 * i 17 Cl A pref part.-10 Watch..* urn 79 Motors, .10 Per share Hamilton 117 $5 preferred 100 Preferred Ask Bid Par 6 * Hall (W F)Print'g 10 Haloid Co. 5 12 106 * Gen Optical pref _.* Gen Outdoor Adv't'g Stocks Hupp Motor * Hall Ramp com pref. .100 Mills cum General 5 k 33 k 2 of Issue * cate Ask 3k & Alabaster Ltd- * Hajoca Corp 24 &, Bid Gypsum Lime 128 19 Federal Par Per share Ltd— dep rets reg £1 Gen Finance Corp.l Gen Fire Exting * Gen Fireproofing.. * 7 % preferred. -100 Gen Foods Corp...* $4.50 preferred..* Gen Machinery * 4k% preferred 100 General Telev & Farnsworth Gen Cigar common * 7 % preferred- -100 Crude Oil._2k 17k Preferred-- Stocks Gen Am * Common Famise Corp Class A ii k 96c 90c Ask Per share 26 STOCKS possible for the closing day of the month preceding th Per share Falrchlld Aviation. 1 MISCELLANEOUS & are as near as 1 Kellogg (Spencer) see Kelly Springfld Tire Common t New stock, 5 x "S?.H / lk Ex-dividend. lk 2 Quotations for all securities are as near as Stocks Ask Bid Par possible for the closing day o Ithe month preceding the date of issue Bid Par Stocks 19 34 6 69 34 1 9 34 Conv class A Class B Kendall 6% 6 80 Cocom....* s Inc 5 $1.25 conv pref..* Ken-Rad Tube & Lamp A 634 3 Kimberly-Clark 18 734 Lukens Steel "7~y* 1 King Seeley com__l Kingston Products. 1 Kinney (G R) Inc-.l $5 prior pref * 1 6 34 734 1 \% 10)4 6)4 75 Koppers Co 6 % pf 100 60 Kresge Dept Stores 1 4% preferred.. 100 Kresge (S S) Co.. 10 Kress (S B) _• Special pref 10 Kreuger (G) Brew Kroger Grocery A Baking common.* Kysor Heater 1 4 Manh-Dearborn 17 18 Manhattan Manati Sugar com Option warrants. Mandel 6 Co 1634 124 34 234 1534 34 9)4 Mar 27 1034 Marchant 15% 17 8% 10 40 34 41 4 54 1K LaSalle Ext Univ..5 Lautaro Nitrate A_1 Lawbeck Corp— 15 17 Preferred -.5 28 14 2% Lefcnurt Rlty Corp 1 Conv pref * 7K 2 H Leh Coal A Nav * Leh Portl Cement.25 18)4 112 34 134 27 334 2934 9" iS8 115 15 Leland Electric * Leonard Oil Devel 25 Lerner Stores * 9 11 H 25 H 76 ¥ 100 10 com ¥ .1 Inc 25 Le Tourneau (R G)1 Ley (Fred T) & Co,* Libbey-Owens-Ford * Liberty Baking * 2H 40 H Preferred 100 Lib McNeil & Lib.* Life Savers Corp ..5 334 4)4 37 Lig A Myers Tob.25 100 25 7%preferred.. 100 Lily Tulip Cup * Lima Locom Wka Lincoln Bid? vtc Lincoln Printing 20c 20 2SV" 7834 934 4l 15 22 h 3)4 2h 25 H ~2J4 OH OH .5 32 * 534 ...10 14 34 12 ...1 1634 2334 4 * 334 28 1034 ser A* $5.50pfserB ww* Preferred Melville * com 10 100 Merchants & MfYs Sec Co class A 1 * Merchants & 9 89 2334 22 11 Loew's Inc 39 1134 2434 634 3934 10534 14 J4 7% 4534 2H ion 3834 ■ Co com._l 6% preferred.. 100 Mereenth'ler Lino 5 23 34 18 7 78 2534 115 1834 Preferred 50 Mfg.. 100 Preferred 100 20 13 Merrimac Hat Scott 1434 5434 Mesabi Iron % 29)4 734 1 Machine Textile Common 5 47 Partic pref'ence.15 3 Metal & Thermit..* Preferred.. 11 A 100 Conv preferred..* Motor Improvement Motor Products * Mot Wheel Corp..5 Mount'n A Gulf Oil 1 Mountain Prod 10 Moxie Co class A * Nominal, r 1 pref * Munsingwear Inc..* Munson SS pref A_* conv 9034 9134 Murphy VarnishlOO 134 11 12 2)4 1134 1234 Preferred 100 Muskegon Motor Spec cl A ..* Mutual System N J Worsted pf__100 New Mexico A 1434 434 Nat Aviation BatteryPreferred Nat (New stock. Beilas-Hess 71 67 34 34 32 34 108 3534 110 5 6 115 5 4 2334 8 12 4 4 55 65 1134 1134 34 50 10 134 1034 29 * 1734 1834 N Y Air Brake N Y Dock * 134 2734 234 534 434 35 1034 1234 434 534 3634 1134 1334 234 - - 10734 $5 non-cum - 10834 534 pf * N Y Merchandise. 10 N Y Shipbuilding.. 1 1234 63 68 234 31 h 8 934 1 8 .100 68 Founders shares 7% pref • 334 134 28 234 634 iS* 10 7334 434 N Y Transit. 5 * 26 1 Niles-Bement-Pond * 634 5034 52 Nobli tt-S parks 5 18 20 1 434 1434 434 1434 234 Noma Elec 1134 634 1534 * 134 Nicholson File 1900 Class B - 53 934 1 434 434 4 23 Corp North Amer Avia._l North Amer Car. .20 $6 preferred * North Amer Cement 7 1734 3 Common Class A pref Class B pref 1 1 1 Class A B 28 234 8 37 36 34 334 534 1434 1434 4034 134 534 16 16 4334 3 * Class 5 * 34 134 22 IS North Central Texas Oil 5 No European Oil_.l North German Lioyd 5 * 80 4 1 634 % preferredlOO National 70 * 6 Myers (FE)A Bros.* Myles Standish v t c* Nachman Springf..* Narragansett Rac'g 1 2034 New Process Co N Y Auction. 534 1 pref.-25 3 46 18 Newport Indus. National Automotive conv 50c 234 42 334 3034 8% 65 6 vl * 11 99 32 234 4 Land 1034 91 Canadian price. * Nast (Conde) see C Mat Acme Co Common Fibres common.. 1 120 100 com Arizona 10 2.50 * New Idea _* com 634% pref Murray-Ohio Mfg.* Ring com Muskogee Co * New Hav Cl 87 83 52 100 units "34 134 29 95 Nash-Kelvinator __5 35 10 134 834 134 1034 22 "9" 134 3234 3 134 734 34 * 6% prior pref..50 No Am Refractories 15 2K New 334 45 .. 25 47 334 5034 7% preferred.. 100 England Lime 7 534 334 * Murray Corp 100 Rayon New Britain Mach 50 .100 Preferred Murphy (GO 5 common Preferred New Bedford Class A 143 135 2 "C" units 40 n 10 5% conv pf A. 100 Morse Twist Driii $7 5% preferred..100 Bedford Cord¬ 4434 1334 634 434 534 26 1334 7434 New North Amer Rayon Com class A * Com class B * Corp 25c 2434 * 25 59 Metal 18 3% comj.... 2234 Common 23 .... 6 22 634% pref A100 Messer Oil Corp * Mesta 107 k Last sale, 100 Newberry (J J) Co— 734 Muskegon Piston Merritt, Chapman A 2134 * 434 28 834 44 1134 Nestle-Le Mur cl A * 60c age A Co Ltd pfd 100 conv 34 Morris (Philip) 5 % preferred 434 2334 15 Merrimac 35 23 K 10 1634 86 74 Merck & 13 4 21 Miners Merchants 15 10 , Class B 1434 Preferred Transportation. Refrig..* 10 Bank * 1 (Herman)..5 Neptune Meter A__* 8% preferred..100 Mullins Mfg Corp— 3VS 2034 conv 434% Moore (Tom) Dist.l Moore Drop For A.* Morrell(John) A Co* Morris Plan com 25c Preferred 10 Morris Plan Indus 57 1 Mengel Co 8.34 38 * * Nelson 100 r 133 3.00 (Oscar) Preferred Preferred B 45 1 Mfg Nebel 100 Nehi Corp com Neisner Bros 128 50" 100 __* com. *, Preferred A 100 r part pref Moore Corp New preferred * Mueller Brass Co_.l 60 2.90 Partic pref 634 9 62 1034 4834 . 35 838 234 754 * 10 Shoe Mercantile Stores 234 1034 2434 6K value, 10 24 » par 30 1st pf.50 Mercantile Proper_5 Locke Steel Chain.5 Lockheed Air Craft 1 Locomotive Firebox* » 9934 28 $6 preferred 5% 30 Preferred 100 Loblaw Groc Ltd A* $5 preferred—100 9034 Mead Corp com...* Menasco 2234 Mar 20 15 1534 3H 434 IK 134 6% preferred 25 Liquid Carbonic * Liquidometer Corp 1 Long Bell Lurn A..» pref.100 conv McQuay NorrisMfg Preferred 9 * .* Sts com.l 34 734 51 1834 10 Lone Star Cement.* 2 Mead Johnson * $6.50 cum pref..* Loew's Bos Thea.25 * * Preferred Moody's invest Serv 12 pref McKinney Mfg Co Cotton Monticello Tobac.-l Monumental Radio 1 Amer shares.. conv Naumkeag Steam 12 33-4 li 34 $3 Natomas 120 5934 13 34 Mortbon Corp A..1 Motor Finance 134 11834 54 * 11 7 92 50 Navarro Oil 1034 134 10 12.50 Nat Union Radio.. 1 1634 50 Nazareth Cement. 10 Machinery..100 Mtge Bk of Colombia com Nat Transit 134 16 4534 5834 1134 * I6V4 734 Plate 1 65 * 99 McKeesport Tin Nat Tea common..* National Tool 5 57 Class A__ 1554 Electric.. 1 McGraw-Hill Pub.* 25 * 7/ 4 Common 93 * 234 234 40 Montgomery Ward— McGraw 6% 5 7 * Cum pref ser B__* McCrory Stores 1 Conv 6% pref.100 McLellan 40c 88" $4.50 p/ ser A 134 1034 B McKesson-Robb'ns 5 2634 234 5 6 87 178 preferred .50 No 1234 r 174 Lion Oil Refg * Lipton (Thomas J)— * 50 12 r 10034 Lindsay Lt&Chem 10 Common 40 * McWilllams Dredge* Lincoln Service.. 100 Loft Inc 2934 9734 3034 10 7% preferred..100 Nat Supply (Pa)..10 534% pr pref.. 100 10-year $2 pref 40 6% prior pref.100 134 10)4 Class lhH 16)4 2634 175 4534 100 Oil Co. Preferred 33 96 * $3 cum pf w w ._* McCahan Sugar I Refining pref. .100 McCall Corp * L 11634 534 4434 43-4 * 1st $6 prof 434 3734 10034 10134 * $3.50 preferr ^d..* B 1534 2534 168 McCord Rad cl A..* Barre Corp » Lehn A Fink Prod.5 Class 434 [McColl-Frontenac 2^ - 31 * Maytag Co 40 - - 100 National Supply— Preferred.. 10 M inolith Portland 334 34 &A Nat Steel Car Ltd.* Portl Cem Common * Monsanto Chem__10 «. 74 A Monolith 11 3 234 1634 334 37)4 3 Monogram Pictures 1 3334 34 1 1 Nat Steel Corp Nat Sugar Refg Midwest rref__10 Monroe Chemical..* Preferred * Monroe Loan Soc A1 38 6 434 3 Molybdenum Corp 1 Monarch Mach T'l * 1034 3334 2)4 7 % preferred.. 100 May Dept Stores. 10 Lehigh & Wilkes- Brothers- Electric 100 17 334 134 1734 32 * Service Cos $6 preferred Nat Standard Modine Mfg com..* Moloney Electric A* 1434 16 3234 134 15)4 100 Conv part pref..* Nat Shirt Sh Del..* 30 34 100 1 Math'son Alkali 3 Nat 14 * -100 Rockwell. .1 Master 2K 25 Preferred Lebanon Steel & Ir.l Lit Shov Martin (Glen L) 1 Martin Parry Corp * Masonite Corp .* 2 100 334 3134 Type— Nat Rub Mach.. $2.50 Preferred 18 234 4o _ 5 1334 1534 234 Marshall Field & Co* 35 * * 4% conv pref.100 Lehigh Vallev Coal * 6% cum conv pf 50 434 434 134 35 97 Preferred 65 28 100 Leath & Co com Class A 134 ..10 St Marl in 3 1.50 33 5% A conv pf-100 Massey-Harris * 6% preferred-.100 Lawrence Portland Lee Rub & Tire Marion 1.30 r 234 1014 22 Calculat Machine Co.. 100 Lion Match r Marathon Paper..25 Preferred 100 64 Lanova Corp 1 Lanston Monotype Link-Belt Co Lionel Corp 100 Preferred 19 Maracaibo Oil Exp. 1 5 50 Preferred Line Material 234 934 25 * Class B Prior 1 Mapes Cons Mfg..* Maple Leaf Mill * Common A 5 534% preferred .10 Nat Refining new. * $6 prior pref____* 8% cum oref. .100 Class B 1 Mo Port! Cement.25 Mock Judson A Voe I 14234 2034 1634 National Pressure Cooker com 2 Natl Pump com * 25 Missouri Kansas Pipe Line A 10 34 5 3 3)4 * dement 34 1134 * common Margay Oil Corp..* Bakeries— Class A B * Manufac's Trading Preferred Langendorf United Common * Shirt_25 23 H 1 1 93 172 94 5% preferred. .100 25 B common 30 34 1034 9K 1134 334 1434 734 1234 1134 87 57 preferred.100 Nat Paper A Common o¥/s 38 2 140 100 com Steel Castings __* Nat Mfrs AStores,.* 5 34 % preferred. _ * Nat Oil Products..4 Mississippi Glass— 2 25 * Manischewitz 2)4 7% preferred.. 100 Lessings 134 1 pref conv Oil 6% 107 ir> 1934 16934 10 Nat Lock Washer.20 Nation'l Malleable A 4634 A common Mangel Stores— $5 Mission 634 Manning Bowman Lane Wells Co 434% pref _ Inc..* Bros 834 134 34 . 100 5834 B.100 534 534 11 934 Minneapolis-Moline Power Implem 1 $6.50 cum pref..* Mission Corp 10 Mission Dry Corp.. 2 * pref..* Lead Nat Licorice 20 * .. Gas conv 6% pref B 100 National Leather. 10 234 2 34 100 se- —1 7% pref A Minn Min A Mfg..* 22 734 134 34 5V 1 Common Lanatin Corp 1 Land era. Frary & Clark 25 Lane Bryant Inc..* Le Itoi Co 134 12 4% pref 20 B National preferred._* 11234 34 634 134 1134 Natl Gypsum com.l 1 Brewing 1 M in neap-Honey wel 1 7 Television com__l 2334 634 15 K 734 Minn 23 3 Major Marketing. .1 Mailory (PR) * 23)4 5 34 115 . 20 * A class $4.50 Refin 6hj% class New Nnt Fuel Piping & Regulator 1134 4% 100 Preferred 534 Conv ^ref (R C) New 97 34 * Miller (I) Sons com * 50 5 51 12 div shares.* Stpg-* Fireproofing__5 116 Food Products Class A old.____l Supply common.* 3534 1534 * 2234 2434 1234 434 Lakey Fdy & Mach 1 Lambert Co * Machine 15 5 63 16 n-c * Nat Miller & Hart— 35 1 $2 preferred 40 _* Preferred 234 10a Mahoning Tnvest 100 Majestic Radio A Lake of the Woods Milling-i $2 100 Mid vale Co Mid West Preferred 1134 1134 67 * Co Razor com Mahon Kobacker Stores * Cum pref 7%. 100 1 8% 1st oref "134 .... Nat 27 1234 834 Lago Petroleum 29 10 Mrat Enam A 234 2134 10434 25 MacWhyteCo— 50 * Products com.* 27 MacMillan Kirkham Engine & Nat Dist Prod Corp— Midwest 8% preferred..100 Macy (R H) Co Inc * Mad Sq Garden—* Magazine Repeater Laclede Steel Oil * 6% preferred Mid-West Abras.50c Midwest Oil 10 53 22 K 24 * $2 conv pref Midland Steel "3" Mat Dept Stores.. 534 834 1434 ,834 14 34 11534 11034 534 4H 24% 11% 134 Dairy Prod...* 7% pref class A100 7% pref class B100 334 18 5 Nat 234 1234 * Class B vtc 534 ... 634 6 Nat Container (Del)l Nat Cylinder Gas__l 10 _ 22 Preferred. 3 Preferred $7 Nat. Cash Reg Pet— 23 43 H States 534 Aluminum Fdy..* 1 com 19 * i6« 10234 1734 21 100 Knitted Padding..* Knott Corp 1 * * * 15 Corp.. 27"" 97 Mack Trucks Inc.-* 8 Klein (D E) Co * Kleinert Rubber..10 Mfg 234 25 34 27 K 134 38 2H 23 Class A vtc 130 29 1 Oil... 1 * Middle 100 Macfadden Newsp.* Macfadden Pub—* 1% IK 14 X $8 preferred Kirby Lumber Kirby Petrol * Mat Casket com Midland 6% preferred-.100 100 Kingsbury Brew National Candy Mid-Cont Petrol. "l" 23 334 634% Pref 100 Airpl_50c 165 1 A Products 2534 1 Lynch Corp. 5 Mac And A Forbes 10 2534 158 Gas Mickelberry's Food 88 Luscombe 21 134 Lunkenheimer Co— 1034 2234 2534 10 Bumper Mich Steel Tube.234 Michigan Sugar * T>ref>rred ..10 2234 151 134 100 50 Preferred 5 10 ... Preferred 22 149 24 3 34 » — 110 634% conv pf-100 Ludlow Mfg Assoc.* Ludlow Valve com.* 734 — - 20c 2 common.. — Louisiana Oil Refg-* Keystone Steel & Wire 180 100 Loudon Packing—* Nat Biscuit. 7 % preferred.. 100 National Bronze A Mich 140 Taylor..100 preferred.. 100 2nd preferred-.100 Lorillard (P) 10 7% preferred-.100 Ask Mich 109 1st 16 6h Bid Par Mexican Eagle Oil.4 Mexico Ohio « Ml * Mexican Petrol 1 1834 10634 5% preferred..100 10 8 6 Stocks Ask Bid Metrop Playhouse.* 18 Boose 8134 1534 434 * 5 * Key Co common. Keyes Fibre com. Class A 6 Ijongwest Corp * Wiles Bis. .25 634 8434 15 Kennedy Kerlyn Oil cl A 20 14 H 4 $6 part pref A * Kendall Refining.10 Par1 Per share Lord & 1 Stocks Ask Per share Per share Kellogg Co * KelloggSwltch & S .* 5% conv pref.100 Kelsey-Hayes Wheel 89 STOCKS MISCELLANEOUS & INDUSTRIAL MAY, 1939] 934 3234 K Amer Finance lA 34 34 shares Northern 3 34 3 Illinois Corp * 1134 1134 90 INDUSTRIAL Quotation® for all securities Stocks Ask Bid & are as near as MISCELLANEOUS Bid Stocks STOCKS possible for the closing day of the month preceding the date of Ask Bid Stocks Ask Issue Bid Stocks ~ Per share North & Judd 25 Nor Paper Mills. .10 North Pipe Line.. 10 N'west Engine N'west Yeast 7% preferred...50 NorwvPharmacal .2 % • Preferred Ohio Brass B r * 6% preferred--100 Ohio Rubber % 1% 29% Pettibone Mulliken * 9 8% 3% 12% 26% Pfeiffer Brewing—* Pharis Tire & Rub.l 154 17% 12 13 13% 7% 7% 110% 111 90 3 % 4 43 48 Okonite 1 5 110 1% 8% 9% 100 120 140 6% preferred ..100 Oldetyme Distillers 1 92 96 1% 17% 5% 18 60 65 common Oliver Farm Equip. * Omar lnc 1 6% preferred..100 Oneida Ltd coml2% Preferred __25 Ontario Mfg coin..* Elevator—...* * Manufacturing.. 5 * com 7% preferred.. 100 Overman Am 1% 55 18% 142 9 3 3% 2% 12% 4% 3% 55% 4% 23% 4% 9% 3% 13 5 4% 3 48 58 10 9% 3% 3% 101% Mar. 9 1 % Class 13 l Pan Amer Match_25 Pan Am Petrol & 80 11 6% 4% 4% 4 7 27 32 40 43 82 100 Plant Reduction 9% 41% 11% 14 Prf.2% 15 16 Park & Tilford Tnc.l 18 20% & 1 8% 9 * 2 Corp.. 1 7% preferred * 2% 8% 99 Pathe Laboratories Peerless Cement Peerless 22% % 20 50 6 Preferred Penick & * Ford * 48 10% 12% Mfg * * . Class A 13 Potter Co 1 com Lambert--* Hall * pref * % Penn 3% pref A._* conv 8% 7 6 Pa-Dixie Cement.. 7% 7 38 1 20 3% 24% 14% 15% Electric conv conv 1 1st pf„„5 2d pf._50 4 34% prefer red. 50 1 24 $7 conv Penna v pref * 12% 13% 122 18 Fuel Penn Rivet Penn Salt Mfg Penn Sugar 1 Corp..l v t Timber 50 c..20 134 2% Penn Vy Crude Oil— Class A lc 2 Peoples Drug Stores* 6%% conv pref. 101 20 lnc * Chem.l Radio Corp of Am.* $5 pref B-. * $3.50 conv 1st pf * Radio- Keith-Orph. common 1 17% 2% 2 2% 10c 2% 20c 2% 29 26 110% 218 230 112% 113% % 3% 35 111 3% 10% 5% 10% 26% 6% 26 5% 7% 7" 73 74% 80% 86 13 13% 8 7% 4% 5 Without par value, 115 150 150% 12% 1% 6% 11 1 6% 75 58% 1% 3% 100 58% ' 1% 4% 7% 100 * Packing 10 Raybestos-Manhat * Raymond Concrete conv cum 5% 1% * % Robertson Pap Box.5 Preferred 12 % 4% 15% 3% 10% Robinson(Dwight P) 7% 1st pref...100 18 pref pref * 25 Raytheon Mfg__50c 6% preferred 5 Nominal, r 5% 16% 3% 20% 90 1% % %6 .... * 2% 50 3% ~ • 14% 2% 26% - 16 29 2% $2.50 conv pref._* Ryan Aeronautical 1 Ryan Cons Petrol.* Ryerson & Haynes.l Safety Car H & L_.* Safeway Stores * 5% preferred.. 100 6% preferred.-100 7 % preferred 100 St Lawrence Corp.* $2 conv pref 50 -1% I Canadian price, 52 53 52 48% 20 20 com. Preferred ... .* 100 Smokers Match * Smyth Mfg 25 Snider Packing ♦ Socony Vacuum.. 15 8% 19 92% 5% 70 69 103 18 14% 37 Mar. 20 5 6% %6 33% 92 93 105 106 111 r Works. 5 South Penn Oil—25 54 33% r Soss Mfg common. 1 South Bend Lathe South Coast Corp.. 1 Preferred 100 6% 2% % 2 _ 20 40 37 „ 11% 4% 5 "8% 7% 53 18 22 3% 1 Sonotone Corp 1 Conv preferred.. 1 112 112 2%; 3 tt 7/ So Porto Rico Sue.* 8% preferred.. 100 Soutn 73 3 22 Union Stock Southern Groc com. Preferred South'n Pine Line 10 Phosph.10 Sou Webbing Mills. Southland Royal..5 100 _1 1 .25 Sangamo Electric. _* Sanitary Co of Am 8% preferred .100 San-Nap-Pak com.l 2% 2% 36 38 10% 1 % 10% 1% 105 109 24% 25 2% 26% " 35 3% Preferred 82 * South 92"" 11% 13 Ex-dividend. 17% 1 % 25 29 19% 131% 17 6 13% 3% 5 5 5% West Penna Pipe Lines.. 10 Spalding (AG)&Br_* 7% 1st pref.-.100 Sparks-With'gt'n Co Common * St Regis Pap com..5 4 Shore Oil & _ 68 1% 11% Development- .100 S'eastern Greyhound Lines common Southern * x 4 12 Sonoca Products 2% Rocky Mt & t New stock, 17% 1 % 177 18% % Pacific Co_ .100 Preferred 100 . 35 20 com $6 preferred 123 9% 15% Simplicity Pattern .1 Singer Mfg 100 Singer Mfg Ltd £1 Sioux City Stock 1% 2% 90c 13 115 39 Sirnms Petroleum.10 Simon Brewery 1 Simon (Frankiin) & Co 7% pref.-.100 11 r 8% 15% 1% % * Typewriter vtc--* 100 Samson United Sanborn Map 21 Pt Sloss-Sheff S & 1.100 20 13 , 13 * ITdw & Common Lamp 70 * Smith (A O) Corp. 10 Smith & Corona 18 18% 100 Pub preferred Simmons Co 6 r 16% 11% 19 100 12% Prior pref . 2 com Preferred 9 23% 16% %6 * Salt Dome Oil * Solar Aircraft.' Ruberoid Co com $2.50 preferred.30 17 1 Russeks 5th Ave .2 % Russell Mfg -.50 Rustless Ir & Steel .1 Yards 4% Signode Steel Strap'g Common * Sivyer Steel Cast * Skelly Oil 15 6% cum pref. .100 Skenandoa Rayon.* 5% preferred-.100 2 1% 1% 4% Royal Typewriter.* 7% preferred-.100 Royalite Oil Ltd * St Paul 110 Sirian 3% 12% 1% 10% 9 of N Y ord shares. St L 10 100 r Optical 15 1% 9% 1% ..3 St L Nat Stk Y Shuron Preferred 12 Ross Gear & Tool..* Mills 86 * r 1% 11% % 9% $1.20 conv pfd_20 Rose 5 10&25c Store . 20 5% pfser AAA 100 Sher-Wms Can Yards 100 _ 101 110 Simonds Saw & Steel Common * 19 Units ri 1 3 100 Rockbestos Prods— Preferred 100 common 25 Sherw-Williams ..25 Simmons Robbins & Myers. _* Preferred 25 Robertson (H H)__* 36 * Rayomer lnc com.-l $2 "7% Rogers Majestic Hoist Silver Rurdette— 6.% . 11 Simmons-Boar dman 4% Preferred. Rights | 5%% conv pf.100] Shepard Niles Crane Silex Co 60 Rochester Button. % 37 - % 2% % 2 B Warrants 3 Preferred. * common 2 St Lawrence Flour 43 111 k Last sale. 7% 1% 2% Ritter Dental Mfg.* Class Shell Transp & Tr £2 Shell Union Oil * Preferred 25% Riverside Cement— Class A ' Snvage Arms * 80 _ 111 1 Rath Pile 105 24% 100 Preferred B__ B... 3% 4% Royal Dutch Co Ralston Steel Car— Class 53/ 100 Rossia Int Corp * Roxborough Knitting 111 38 preferred Warrants. Rainbow Luminous $3 6 B % 138 15% Penn Traffic Class Units % 54% Punta Alegre Sugar * Pure Oil Co ___* 6% 62 36% 11% Rollins Hosiery 1 Rome Cable Corp.5 Roosevelt Field 5 Root Petrol Co. 1 10% 40 com..* 86 6% * Rogers Peet 8* 34 .10 24 % 54% preferred _100 Randati Corp pt A_* 20 % % 8% 22 10 Prosperity Co B * Publication Corp..* 1 1st preferred. .100 Original prpf__100 Puget Sound Pulp & Pullman 7% 7% 9 Shawnee Pottery. 1 Sheaffer (W A) Pen* 4 Rockwood & Co * 5 % preferred ..100 Roeser & Pendleton * 36 8% preferred-.100 common Industries— Units Penn-Mex 8 * 5% preferred--100 Producers Corp. _25c Class t c--_* 47% 7 100 Product A Penn Glass Sand— Common Co Price Bros & New 38 Steel Car— Common New Switch class A.. 10 Penn Federal Corp. . 1% % 18% % % % 9% 17% 46 5 5 Rademaker 1 1% 35 * 51 Coke 10 9% 1% % 17% % % % 8% 16% * — common Preferred 14 1 Air -raft 81 30c Air¬ Corp Penn Coal & W orks 9 * Poor & Co class B_ Shattuck (Frank G)* 9 55 Warrants 45 _ 79% 5 35% 7% Penney (J C) Com.* Penn-Central 7% 18% * 6% 3% 1 % 18%. 53 % 4% 43 % 70 79 Richfield Oil of Calif Common * Riley Stoker 48 * Class B _ 3 10c 1% 7% 18% pref conv Sharp & Dohme * $3.50 conv )ref. .* % 111 48 3 * 38 5% conv pref.-100 6% preferred. .100 Purity Bakeries.Pyle National Co. Pyrene Mfg 10 Quaker < )ats 6% preferred. .100 Quaker State Oil. .10 1 com Pender(D)Groc'y A* lines 7 2% * Weighing & Vending 4 Co 49"" Preferred 20% % . Peabody Coal B 5 6% preferred..100 Peck, Stow & WilclO 1 1 7% preferred-. 100 & ordinary ...5s Dry Gds_* 1st pref 100 2d pref 100 / 14% % 1% 14% % 41 Rice Stix 33 * 41 Rheem Mfg Co 1 Rhodesian Anglo. 10s Selection Servel Co $5 V* 83 8% 60 Rhodesian % 1 12" 36% 10% 4% 10 47 Proc & Gamble 8% 8% common 100 Preferred Film 6 B 1 85" Pathe 7 100 — 81% 9% Trans 8% 6 7 7% cum pref. .100 5%% cum pf__100 Reynolds Metals..* 5%% conv pf_100 Reynolds Spring 1 Reynolds Tob._..10 Pocahontas Fuel .100 * common 55 I* 11 Richman Radiator. 1 Richmond Cedar Process Corp com 1st pref—100 2d pref 10 Parke. Davis Co..* Parker Pen 10 6% 7% * .5 Plough lnc Plymouth Oil 3% 6% 6% 3% 16 4% 100 ~8% Reel 25 Richardson 3% Parmelee 11% 20 25 2% 1 ~8~" Rig 11 G)— Paramount Pictures! Parker Rust Preferred 10 Revere Cop & Br__5 Class A 10 6% 2 14 -_* Paramount Motors 1 Paramount-Publix 10 Parkersburg Shamrock O & G..1 Sharon Steel Cp * 14 5% 5% 100 Seversky Aircraft-.1 21% Pressed Metals Am. 1 pref. 100 Preferred 48 19 conv 50 45 40 19 17% 2% 66% 30% Rubber.* 55 12% % % Pressed Selby Shoe * Sentry Safety Con.i Serrick Corp cl B..1 __ Preferred 43 %6 24 Pratt & Seiberling Seton Leather..... * 5% 7% 22% Prentice 3% 11% % 15% 1% Prairie Oil & Gas_25 Refining com 1 Pantepec Oil Co— 1 ware com.. 26 6 Pittsburgh Steel—* 7% nref B 100 5%% prior pf.100 100 5% pref A Potrero Sugar Pref stamped 5% 3 11% % w__25 w 3 Hard¬ 75c Pitts Screw & Bolt.* Class A 110 19 17% Lock & Segal Republic Aircraft..1 Republic Steel * 6% conv pref. 100 6% prior pf A. 100 Respro lnc com * %, Potash Co of Am 5% * ~4% 7 93% Class B * Seeman Bros 8 4 * 08"" Porto-Ric-Am Tob— 12 12 Seagrave Corp Sears, Roebuck 1% 2% 15% 91 Porterfield 80 Seaboard Oil (Del).* 63% 50 Pollak 16 11% 10% % 50c pref Pitts Forgings 1 Pgh Metallurgical 10 Pittsg PI Glass—25 Preferred 19 24 conv Polaroid Corp.. 6& Warrants \ Preferred 19% 17% 6 101% 2 warrants. Steel— Common _. rights Bond 13 36% Voting trust ctfs_ 12 eign Corp class A1 conv B * Scull in * % 8% 10 pref.25 conv 8 46% 114 Seaboard Fin Corp.l $2 cum pref w w_* $2 conv pref. * % 6% % 6% 10 100 4%% preferred _* 25 Scovill Mfg Scranton Lace 5 Pleas't ValWine Col _ $1.50 4% 2% 23 7% 1st pref 20 * 5 Preferred (Thos 3 2% % % % 4% . Reo Motor Car Pitney-Bowes Post.* Pittsburgh Brewing * Plant (Illinois) Preferred Reliance Si eel . 7% Winterfront.l Pittston Co 38"" 14 Reliance Elec & Eng Common 5 Reliance Mfg Co 8% preferred ..100 Schwitzer-Cumm 1 Scott Paper 32 25 Sts.l Renner Co Pirelli Co of Ttaly— Am shs 500 lire $5 6% Retail 6% (Pa).. 100 6% preferred-.100 4 Machine common * Preferred * Paraffine Co Inc..* 3% 11 * pref. 100 Explorat.-l conv Pitts Coke & Iron..* 2 5 3 3% 1% Pierce Butler Rad_5 8% 27% 5% Remington Arms..* 5 19 11 American shares. Pantex Pressing 43 2 Schulte 99 13 69% 10% 5% preferred. 7% preferred.; 26 Rem'tn Rand com.l 42 40 20% * $50 par B_ Pan-Amer Southern! Panhandle Prod & 2% 34% 5 Paper Pkge Corp Pines 5 Transport 40 41 Pillsb Flour Mills..* Pan-American For¬ 4% Preferred Pilgrim 60 Airways 3% * com 44 Reis (Robt) & Co__* 7% 1st pref...100 Reiter-Foster Oil_% Reliable Stores.___* 2% 34% 2% Pitts Coal 2d preferred * Pac Eastern Corp.. 1 Pacific Port Cement Common 100 % Schiff Co 40 ' 4 Savoy Oil 5 Schenley Distillers,5 5%% pref 100 Schulte Real Estatel Preferred 100 * Preferred 30 28% % 35 * Mills Ltd 17 Pictorial 5% 42 17% 40% 114% Pacific Coast Co.. 10 1st preferred. 12% 64% Per Sugar..-1 40 50 * 6%% nref 100 Regal Shoe pref. 100 Regent Knitting 20 - 7 Reeves (Daniel) M see 7 ' 7 Preferred Philip Morris Phillips Packing * Phillips Petrol * Phoenix Hosiery—5 7 % preferred .100 Pick (Albert) com.l 2 Reed Roller Bit 3% 3% Phillip-Jones Corp.* 7% preferred--100 1% 6 Preferred 7% 2* 7% 2% 15% 14 Units 32 25 * 50 Reece Button HolelO Reece Fold Mach.10 Pierce Oil Corp— Pacific Can Palmer Bros I_* 100 pref.-100 * 4 Reed Prentice coin.* 7 . cum par Savannah 3% 40% 6% 2% 5 common Reda Pump Red Bank Oil 1% 2% 9% 2% 11% 63% 16% com.* Pierce Governor 32 Oxford Paper com.* $6 preferred A * $5 preference.: * Pac Amer Fisheries 5 Page Hersbey Tubes Pairpont Corp.. 100 Record Preferred 13 Cushion Preferred 100 Pacific West Oil..10 Packard Motor * Phil & Read C & Phila Mills 1% * 15 18% 138,% 8% Tire 6% pref * Owens-Ill Glass. 12% Pan 8 T% 1st pf_* Marine & Outlet Co $4 preferred 29% 30 conv Outboard 25 14 Conv preferred..* O'Sullivan Rubber.l $5.50 1% 5% 5% 6% preferred-.100 Phelps-Dodge share Real Silk Hosiery 7% 6% 7% 31% Phila Daily News.10 Phila Dairy Prod-.* 11 Oshkosh B'Gosh Otis Steel Derivatives.* 28% Oppenheim Collins Otis * $6 preferred _____* Phila Insul Wire * 16% 8% 7% * . Oil Exploration Oilstocks Ltd 40c Petrol Heat & Pr__* Ohio Seamless 'l ube* 7 % preferre< I 100 _ 15c Petrol 25 X * * 8 17% 16% * 7% 16% 7% Co 35 Forge & ; 1 Permutit Pet Corp of Am 5 Petrol Conversion _1 .3 r Ohio Oil 25 Pet Milk Per Par 123 22 17 7% Ogilvie P'lour Mills.* Machine Corp Ohio Leather Ohio Match 119 62% 3% 1 Nu-Enamel 1 Nunn-Bush Shoe 2 % Ohio * * 28 Norwalk Tire& Rub* 100 5% Pep si-Col a 5% 15% 60% 3H 30% 16% .♦ share Perfect Circle .... ~6% 100 Novadel Agene Noxzema Che in Per Par * Spear & Co 1 $5.50 preferred..* Spencer Kellogg * * Spencer Shoe Sperry Corp vtc.-l Spicer Mfg Co * $3 conv pref A * Spiegel lnc com—2 $4.50 conv pref__* Springfield Ice & F.5 Square D Co 1 Squibb (E R) & Sou* S6 preferred 18 3% 45 2 5 14" 2 40% 15 41% 11 62% 2% 18% 28 107% I MAY, 1939] INDUSTRIAL Quotations for all securities Bid Stocks Par 8tahl-Meyer com. Par Per share 1X * 100 Sfeley Mfg Co 10 7% preferred.. 100 $5 preferred ■-* Standard Brands.-* $4.50 cum pref.-* 12 13"' 85 6 15* - Tobacco com — .1 129 % 3% $1.60 Fob 9 3-4 in Am dep rets ord £1 24% 48% 17% A 45 1734s 44% 18 5% preferred. .100 104 Standard Plastics!0c Standard Products. 1 100 7% Securities..* Preferred 100 Towne Stanley Works 25 Starrett (L S) Co..* Starrett Corp— 33 Transameriea Corp 2 Transcontinental & 34% 24% v 1 % 2 Steel 70% 7?* 67 70 10% 11 Stewart-Warner fltlnnes Stokely Bros 1 pref 25 Stone & Webster.. * Storkline Furn 5 . 71 80c di 21% 8% T ('in Ulen Tool Sun 2 5 l Sunray Drug 1 Sunray oil I 5K% conv pf__50 Superheater < '« * Superior Oil Corp-.l Superior Oil (Cal) 25 7% 53 $3 part pref * United Cigar Stores— % 1 5<vr nreferred 25 3% 7% Sweefs Co of Am.50 Steel. Sweets 1% Common w i i* 5 partic pf_50 Talon Inc common .5 _ Tampax Inc 1 Tastyeast luc cl A. i Taylor-Colquitt Co 5 Taylor & Fenn.-100 Taylor (K) Dist...] Taylor-Wharf on Iron A Steel 5% 4% 3% com. 0% 40% 45 12% 12% % 28 "% Tennessee Corp 5 Tennessee Prod * Term & Trans com. 1 Preferred * Texas Corporation 25 Texas Gulf Prod. Texas Gulf Sulph..* Tex Pac Coal & oil 10 Texas Pacific Land Trust old stk__100 2% 10% 5% 4% 1% 1% 1 13 36 X Preferred U S 750 7% preforred._100 U S Hoff Mach in'yS 7 5%% * No par value, conv pf__50 U S lnd -Alochol ♦ U S Leather corn..* 59 7% cum pr pf.100 Part conv& cl A. * 3 14 k 17% 6 154 8 11 44 7 % preferred ..100 47 % 17 17 19 4% 2% I 5% 5% % 18 4% 4% 9 7% 8 % IX 18 32 18 % 5 15"" 55 60 2% 22 28 ik "l% 7% 1 % 10% 1% T 1* % 6% 5% 27 % 8* 2*'° 4~ " 4% 78 cum 82% 171 5 0%: Wood (Gar) see G 1% Woodley Petrol 32 15 Newspaper Machinery pref. 69 % Prior pref units % 5% Wood 0% 1% 4% 84 % «* IV4 38 Wool worth Ltd— Am dep rects ord. 19% 4 Worcester Salt-_ 100 Preferred -.100 Worthington Pump & Mach 7 % pref A 6% pref B % conv prior preferred 100 4%% series prior 20"" preferred 5% 4% 5% 5% 2% 1% 2714 4% 10 9% 32% 4% Yates-Amer Mach.5 50 Yellow * 45 com * 1 % 7% 2% * _* 2 Yale & Towne 7% preferred--100 Warren Fdy & Pipe * Warren (Northam) 23 $3 conv pref * Warren (S D) Co..* Waukesha Motor..5 42% 40% York Ice Mach 7 % Preferred 25 11% 10% 10% Young^L A) Spring Eisenlohr.* 0 2K Car 60 Welch G'pe Juice 2% 100 42 2% 1 common 80 0% 2 7% ik 8% 20% 2% 4% 4 42 3% 5% 1 5 10 44 115 43% 13% 42% 102 12 X 40 34 30 21% 94 77% 0% 74 23 1 % 13% 103X 4 80 128 12 >4 5 2 * 18 * 33 73 \oung (Thomas) Nurseries 13% Zenith ~3~~ 8% com.. 15 Radio Zonito Products 1 2% % 17 t Called June 1 at 100. 6% d Called July l at 105. 7 k Last sale, n Nominal, r Canadian price. I New stock, x 9 1 7% 5%% pref.-100 Tube 5 1 20 75 Youngstown Sheet & 107 Wellington Oil 1 Wells Fargo & Co__l 39% 17% Steel common Door Bros 3% 12}% % Youngstown Steel 23 7% preferred..100 100 _ 100 Youngstown 18"" 22 1 * _ Young (J S) Co. 100 Preferred 22 Wayne Knit Milts.5 Wayne Pump 1 & 8% 2% 5 17 25 Truck Coach Mfg cl B__l 4 % 100 Wright Aeronaut'l.* Wrigley (Wm) Jr._* Wurlitzer (R) com 10 Preferred.. 100 2% * 1 3 % * 100 100 4% 0 55 10 * _ Woodward Iron.. 10 Woodw'd & Loth'plO Preferred 100 Woolw'th (F W)_10 39% 19% pref.* Preferred 1 38 pf B rower com 10 Wolverine Tube.-.2 Wood (Alan) Steel.* 7% preferred-.100 Woodall Indust 2 xr 4% 23 % 14% 3% 5 Portland com 26 1st Weisbaum Goodwill Station pref Webster 6% 81% 167 cum. $3 20% 17 * Bros $1 Cement 4 * Preferred Warren Wolverine The 65 % Ward Baking Corp— Com class A * Warner Co * 34 ♦ conv Preferred 100 Willson Products.. 1 Wilsonite Products 1 Wilson-Jones % 1 % 3% 3% ~ 3 % 21% ~4% 2% 2% 4% 4% 36 J-i * 40c" 118% 4% 5% % 2% 2% * Winsied Hosiery 100 Winters & C'mpton 1 2 10 * Line VVitherbee Sherman Preferred 50 IX 7% prior pref. 100 6% preferred.-100 $3.85 1 WJR 6 Warner Bros. Picfc._5 10 * pref. .10 23 Waldorf System * Walgreen Co com..* 4 % % pref w w 100 Walker (H) Good'm Com class B pref conv $6 preferred 9 15c 1% 5 Wilson & Co 3 5c 7 Wil-Low Cafeteria— Wilson 2 7 90 50c 20 1H 7% preferred. .100 21 com Gas.. 6% % 5% 5 SO Wm Oil-O-Mat * Williams (R C).._* Conv 114 5oc 4% Preferred $50 Willcox & Gibbs._50 Wilcox (H F) Oil 19 6% part pref. .100 6% preferred 45c Suchard Will ys-0 verland 3 24 . preferred--* 20% 2% * Walworth Co .% 6-% 103 Wieboldt Stores._.* 30c * & Worts com..* 55 4% 72 Pipe common..25 7% preferred.-100 Whlttall (M J) — 5% preferred 16 Wickwire Spencer 15% 38 % Preferred * Waltham Watch cl B 5% 4% * % 39% 38 Victor Brewing 1 Victor Chemical 5 Va-Oar Chemical..* 73 1% 15% 9% 7% first pref -100 7 40 % Sugar common..5 24 8% _* Whitlock Cou 30 38 Vicana Sugar v t c.3 Vlck Chemical 5 Wagner Bak v t c.. 1 Wahl Co... * Waitt&Bond Inc A * __] Mach $4 conv pref * White (S3) Dental 20 White Rk Min Spgs- 6 Vertientes-Camag'y 70 4 prior pf_* White Sew 22 29 5 20 5% 42 conv Chocolate 84 $4 preferred * 18 61 $5 19 1 8% preferred..100 Vanadium Corp * Van Camp Milk * Class B 25 Prior 76 7 Valvoline Oil eomlOO Waco Aircraft 38 18 % 29% 0% 27 72 * 5% preferred-.100 Vogt Mfg * Vulcan Corp com..* 4%% pref 100 3% preferred.-100 Vulcan DetinninglOO 7% preferred-.100 123% 4% 12% 5% conv pref. .30 Weyenberg Shoe I Wilbur 5%% prior pref.* Valley Osage Oil.... Valspar com 1 $4 conv pref 5 Pump * 19% 88 Steel common.-10 7% cum nref..100 Valley Mould & Iron Preferred A 10 % Whit taker Paper— Vadsco Sales Corp— Common * Viking Class .... 5% 1% Va Iron C & C--100 * 1 U 9 Freight * U S Gypsum..-..20 2 k 44 15 * 7 % preferred U S Foil B 2% 17% pref.-.10 100 Finishing 8 57 . 17% 1L8% 56% 14% 4% 40 75 28 $3.60 conv pref._* Thermoid Co 1 3% 42% 2% % 7% Oh 2% 14 25 Specialties. 1 U S Distributing * 7% conv pref. 100 U S Envelope 10f 4% 16 conv 1 27% 650 39 25 Preferred 37 4 1 United 14 * 13 * Un Shoe Mach Ctfs sub shares.. 1 Texon Oil & Land..2 Thatcher Mfg B 40 MOO ___10 Utah'Radio Prod-.l Utica Knit Co...100 — 2.00 36 * Common 40c 9% l% West]and Oil Weston El Instru..* 6 2% Venezuela Holding. 1 Venezuelan Petrol. 1 9% ■IX 25c Un Shipyards B Class A. 5 X 1% 16% 4% 4h 1% Class % 0% 74 United Screw & Bolt Class A_. * "% 4% * Taylor Young Airplane Co 1 Technicolor inc * Telaut'g'ph Corp..5 Sharing 30* 1 12 % 6 30 Preferred 100 Unit Piece Dye com* Preferred 100 United Profit o7 13 % Apr. Venezuela Mex OHIO X 36 73% Amer dep rcts.-£l Unit Paperboard. 10 9% 72 ~3% 7 55 * Sugar.5 . * Westinghouse Elec & Mfg com 50 7% 1st part pf.50 15% 20 28 ... Preferred. rA % & Corp .* 6% Preferred..100 160 100 Universal Prod Preferred Tablet Stationery Westinghouse Air Wheel Steel 20% 35% * $3 part pref United Molasses Ltd 8% preferred.. 109 com. Western 4 110K 5 6 Mfrs vtc 1 United Milk iTod__* 30 6X 35% 42% 5 com 7 Universal Pictures. 1 Upson Co 2 7% 1st pref 100 Veeder Ropt inc ..* Electric Fdy 1 » 8% 1st pref 100 Newspaper White Motor Universal-Cyclops 1% 18} Weyerhaeuser Timb* 0 Van Raalte Co 6 United Fruit United Merchants 3% 13% 3 24% 1 Westvaco Chlorine.* %e 87 84 91 Union common._* 1% 14 66 Eng & 6^ 6 % 25 5 Coal Cos 4% ik Dairies Brake common._* 46 59 13% 60 Un 4 34% % United Stove 1 United Wall Paper.2 6% prior pref. 100 Universal Corp vtc.l Universal Cons Oil 10 10 Preferred 57 5 * ♦ 100 nreferred... * Groc Ltd. Western 51 44 * $3 05 40 24 Dye wood. 10 B 0% 1 % % 10' Pap..* Western __* Van Dorn Iron Wks* Van Nor Mach Tool." 7% preferred..100 Elastic 18K 25 10% 3% 1% % 5% * United 27% 10% l Taggart Corp 1 $2.50 pref—... * Taleott (James)...9 72% 10% United 2% 6% 4 X 3% 8% 48 2d series warrants. United Drug.. 5 9 26 % 15 % ...1 x w * A Class 2% % 25% 4% Swift Internat Ltd— dep ctfs of bear shs Sylvania Industrial * Symington Gould- ion $5 preferred Un Drill & Tool- United .2- 8% 40 United Cigar-Whalen Stores com 10c Swift . Chemical..* Class 2 1% 1% 10% UnOed-Cnnr Fast..* pref Common 47 115% 45% United 1 3 3 1% * 2 13% Sutherland Paper. 10 Swan Finch oil...15 100 Biscuit conv 25 12% 8% pref. 100 United Carbon * 7% 13 . _.f Preferred United 41 19% 30% 8% 19% 28% Lines 35 Superior Steel...100 Susquehanna Silk 6% 72 IK 12 w Air conv Utah-Idaho 2% 7% 25 33 X 23 39% Common Mfg. Transport Portland Business Machine Swift A Co * common 'nion Carh & Cart) 8 % Cement A pref..* Class B * Mills class A Class B pref Bleachery 100 United 127 38 80 0 2% Stores com 1 Conv preferred-15 12 2 22% 72 2% Un St Yds Omaha 100 Union Tank Car...* UDited Aircraft 5 54 % 9 20 4 2% 5 % 6% 7% 2% 3% 8% 7 % 8% 3 % 9% 2% 39% Superior pref B 1 Conv preferred..* United Stores A * Steel Corp Univ Leaf To b 1 Union Oil of Calif. 2Union Premier Food 28% 126 H 3 2 Union ~9% 0% * 1H 2% 45 Union 5% 5 % 27 % 5 30% 2% * — Un Artist Theatre.* pref.. 100 0% 3% * * Series 43 8% 8% com..! corn Series A Mach com cum 5% 2% 28% 2% Common $6 Western 10 3% 7S0U 33% 44 % * 4% 1 Common Apr. 16 Apr. 8 * * Pulp 93 * * Va dH 1% 7 % non-cum pf_25 United Stockyards— 1% Undervv Ell Fisher.* Unexcelled Mfcr..lP Union Bag & Paper 4 % 10% 10% 79 * common oil 6% Co iV Corp 1 25 preferred--* Studebaker Corp_.l Submarine Signal.25 Sullivan Mach'y * Sundstrand Coach Udylite Corp.-. 1 41 pref * $1.50 preferred..* 100 4% v con v 20th C' nt Fox Film Common 6 97 1 7% preferred .100 Tung-Sol Lamp 1 Strut hers Wells Titusvillecom A_. Class 2% 3% Steel . Preferred 1% 8 1 . 50 * 100 Vot tr ctfs Chatillon.-l 6 10 Stroock & Co * Strouss Hirshberg.* 8% U S Steel Corp. 7 % preferred U S Stores com Conv 1st pref U S Sugar Corp Foundry Western Air Expr__l West Auto Supply— 4 49% 03% 45% 107% * Sugar. 1 Preferred 35 92 1st pf.100 n-cu U S Rubb Reel * U S 8m Ref & Min50 9 59 pref W Va Coal & Coke. ♦ W 8 10 19% * com Indies West Michigan "a"" 3% 34% Realty & Imp.* U S Tobacco 5% 7 ■ 10 Strawb'ge & Clothier 6% preferred-.100 7% preferred-_ 100 Strom berg Carlson.* 6% preferred-.100 * Delaware 3 10 Conv 8% 10 X 5% 3% Stix Baer & Fuller. 10 13 % Truscon 8 (Hugo)CorpS 33 13% 5% 1% 3% 7% 5% 20 % 5 28 fYunz Pork Stores.* 35 * 25 5 Truax-Traer Coal..* 2 * Preferred A Stetson (J B) Preferred 1 3 106 % 3% 4% 2% 2 % 69 X 1 common Products Tubize Sterling Brewing 1 Sterling, luc 1 Sterling Products. 10 Stern Bros * Forging Triplex Safe Glass.* Triumph Explos—2 Trojan Oil & Gas of 8% Mar. 15 % 23 24 Mar. 14 2% 35 5% 2d pref 20 Sterling Aluminum corn Trico 13 13% 20 23 Williams Transue & 8teel Co of Can...* 105 1 % Daylight Screen.. 1 Picture Preferred 25 Stein (A) & Co com * Preferred 100 Sterchi Bros com..* Products Lux Trans Transwestern Oil .10 t C--1 6% 1st pref--.50 5 West Air Line 25 Common 2 Trane Co 25% 1X 08% 5 Shipbuild..* Torrington Co * ~4~~* 3% 24 00 & Pump 134 stand Steel Spring. 5 Stand Tube cl B 1 Shipyards.._* Toledo 7% 32% 2% 7% preferred 16 dep rets def.. Todd 45% 18% 105% % 30% 1 com 4% Tokhelm Oil Tank 9 8% Stand Oil of N J..25 Stand Oil (Ohio)-.25 Screw..20 67 1% 1% 4% 2% 12% Oil & Snow conv Steel _ U S Rubber $4 West % % 1 0% preferred...50 U S 3 12% 1% m 12% 23 * 30% Tobacco Seeur Ltd— 27 11% 22 50 36 4% Wesson Common U S Radiator 62 34 2% 11% Wentworth Mfg.IK Preferred * U S Postal Meter. .1 U S Print & Litho— 8% * Expts—* Inc i'rod 40 drif t Corp Per share Par 33 1 12% IX 1 Preferred 134 Bid Stocks % 1% 90 * pref_20 conv 12% Allied Tobacco & 1% 20% 24% ♦ Preferred A Bear.* Realty—* IX Stand Oil (Kyi... 10 Stand Oil (Neb)..25 8'and Silica Roll Stocks, Stand Oil (Cal) n4 10% pref Common $1.50 7% preferred..100 t IX Stand Oil (Ind) 25 Stand Oil (Kan).,10 Standard com 1% pref.20 conv Inc Tim ken Dredging 1 12 * Time Tishman Common 11% S Lines U S Pipe & Fdy..20 U S Playing Card. 10 U S Plywood 2% 10 93 Stand Commercial Standard 105 U Ask. Per share Par 8% 4%% conv pref.* Tilo Roofing com__l Tim ken-De t Axle. 10 Bid Stocks 11% 3% 20% 2 $3 % preferred—* Tide W Assn Oil..10 15% 24% X com Preferred 10% 2% 20% 102% % 21% 10c 5 $5 conv prior pf_* T!)ompson-Starrett * Standard Products Ask Per share 0% 102X 101% Conv preferred. 10 Coated 1'rod—* Tiioinpson 109 83 Seal-_1 Stand Cap & Thompson (J R)..25 106 Standard Brewing--* 5 Thew Shovel 1% 14 Preferred 91 STOCKS possible for the closing day of the month preceding the date of Issue Bid Stocks Ask MISCELLANEOUS & are as near as Ex-dividend. Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Ttie custom in reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore, furnishing the prices bolow, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a percentage basis. In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance, a certain bond matures from 1937 to 1951 and is quoted 0.50 to 3%—would indicate that the 1937 maturity yields 0.50% and the bond due in 1951 in yields 3 %. Taerefore, in the following list, it must be remembered the word to indicates that the asked prices. Yield Basis To or Bid Bonds UNITED STATES—See Treasury Ask, 120.20 120.23 4s Dec 15 1944-1954—J&D 115.18 115.3 115.21 115.6 104.12 104.13' 3 Ha Mar 15 1941-1943 M&S 3 %s June 15 1943-1947 J&D 106.12 106.14 110.21 110.23 3Ms Aug 1 1941 F&A 3 Ms Oct 15 1943-1945-A&O 3Ms Apr 15 1944-1946-A&0 3 Ms June 15 1946-1949 J&D 3 Ms Dec 15 1949-1952 J&D 106.27 106.29 110.15 110.17 111.3 111.5 111.17 111.19 111.29 111.31 3s June 15 1946-1948—J&D 3s Sept 15 1951-1955.-M&S 110.27 110.29 110.6 110.8 2Mb 2Mb 2Ms 2Ms 2 Ms 2Mb 2Mb 2Mb 2Mb 2Mb 2Mb 107.21 107.24 109.1 109.3 108.8 108.9 3 Ms Mar 15 1946-1956 M&S 3 Hs June 15 1940-1943 J&D Mar 15 1955-1960 M&S Sept 15 1945-1947 M&S Mar 15 1948-1951 M&S June 15 1951-1954 J&D Sept 15 1956-1959 M&S June 15 1958-1963 J&D Dec 15 1960-1965 J&D Dec 15 1945——.J&D Sept 15 1948 M&S Dec 15 1949-1953 J&D Sept. 15 1950-52.M&S 2s Dec 15 1947 J&D 8s Panama Canal 1961—Q-M 3s Conversions 1946 Q-J 3s U Bonds Conversions 1947 S Treasury Notes is refunding 1941-54 J&J b 2.25 3Ms refunding 1955-65-—J&J b 2.80 State Bridge Corp 4s 1939-1951 103 Bridge Auth. 4s July 1 1957— 104 Annistonref 105.14 105.15 107.9 107.10 105.12 105.13 105.13 105.14 104.8 123 104.10 1.00 to 3.15 105 3 Ms 0.50 to 1.25 105 0.50 0.50 to 3.35 to 2.25 0.50 to 3.35 to 3.30 1.5j0 to 3.50 1.50 b 3.00 to 3.40 b 2.00 41 106 100 102 101 102 102 3s 1943-1949-.- to 3.00 % to 3.50 % 74 May 1 1945 4Ms 1939-19£>8—_ J&D Gen fund 4Mb 1941-66 J&D 76 105 111 to 100 100 96 98 Colorado River Waterworks 3.50 1.00 to 3.60 > 2.00 to 3.00 Oakland S D 4s 1939-44.-J&J 0.40 to Tuscaloosa— Orange Co 5s 1940-45—M&S Pasadena 4s 1940-42 J&J Redlands 5s 1940-51 J&J15 Riversid" 5s 1939-53 J&D Riverside Co 5s '39-'54—M&N b 0.75 to 2.25 0.50 to 1.25 0.90 to 0.90 to 2.90 0.90 to 2.90 108.12 108.15 101.21 104.29 101.22 104.31 100.9 100.11 102.11 1% series E July 1 1939.. 100.3 2s Dec 1940 2s Apr 1 1943 102.14 Ref 4 Ms Ref 3Ms Ref 4s 1946-1986 to 3.50 3.50 106 3.50 to 2.25 3.60 Tuscaloosa (City)— 5 Ms serial 4MB 4Mb 103 105 100 102 31 Tuscumbia refunding 1 %to4 % 33 102.31 100.6 ARIZONA Maricopa County— 109.3 School No. 1 5s 1945..-J&J b 3.00 lass 108.19 Highway 6s Jan 15 serially. b 2.00 to 4.10 108.15 105.27 Co Ct H'se 4s 1939-48 J&D Phoenix 4Ms '50 opt '30-J&J 4Mb 1940-1956 J&J 6s Jan 1 1946 J&J 5s W W 1940-1950 J&J 100.17 Bonds % 7p 3.75 % b 2.00 to b 3.50 b 1.50 to 3.25 3.25 % 107 M b 3.75 b 3 50 less less 2 less I Prescott 5s 1948 Tucson 5s Water 1950 108M 113M 100.14 1 3.25 b 0.30 to 2.75 b 0.50 to 2.00 b to 2.90 1.90 b 0.90 to 3.10 b to 3.25 1.00 4Mb Wh & Har '40-'52.J&J b 0.90 b 0.90 4Mb Water 1940-1964 3 Ms g July 1. 1940-44 ._J&J b 0.75 San Francisco (City & County) 5s Water 1940-1969 J&J b 0.50 4Mb Water '57 '58. '59.J&J b 2.75 0.40 4Mb 1939-1951 -J&J 0.40 4Mb Water 1939-1977..J&J 0.40 4s Wat Distrib 1939-53 J&D 0.40 4s W.t Distrib '39-'63 J&D 0.50 2s 1940-1949 --J&J to 2.85 to 3.00 to 2.00 3.00 % to 2.85 % to 2.45 % to 3.10 % to to 2.45 to 2.75 to 2.15 to 2.35 to 0.75 4Mb gold Aug 1943—F&A 2.75 % 99 100.26 98 M 98 M 98 98 M 98 M 100.26 4M-4s 4M-4s 4M*4s 97 M 95 94 M 92 M 95 ho / 45 94. 99 5-4s 1961-1967 5-4s 1968-1977 page % % % % 3.60 Turlock Irrig Dist 6s West Side Irrig Dist 6s CANADA—See 5-4s 1943-19485-4s 1949-1953 5-4s 1954-1960 100.30 100.28 102.7 Jan. Attorney Gen opt 1944._ 3s Rose, Hemingway opt 1944 Hot Springs— 4Ms 1939-1950 M&S PO SESSI ONS COLORADO 99 2Mb State H'way '39-'54.J&D J&D 2Mb warrants 1952-'54—J&D 2s Highway ref, 1939-47-J&D 93 M 93 M Little Rock— 4s Water Rev 1940-76. F&A b 3.40 Little Rock S D 4s '40-'55 M&S 102 % to 0.25 1.40 St Francis Levee Dist— 4s 1944 to 2.40 1.50 103 4Mb Fund 1941-1950-M&N b 3.00 4s 1958-1960 117M 104 M 5Ms 1955-1965 J5 4.20 less less 1 1 105 M 4.00 % to 2.50 to 2.40 b 0.50 to 2.40 b 1.00 to 1.50 b 0.75 to 1.25 b 0.75 to 1.25 CALIFORNIA 4Ms Univ Bldg Jan5'40-65J&J Highway 1939-48.J&J30 4Ms 1940-1947 F&A 4 Ms Olympiad 1939-71--J&J2 4 Ms 1940-1952 -F&A 4s Harb Imp 1985 opt '50. J&J 4 Ms 110 111M 111M 113 115 110M 113M 114M 115M 101 102 1941-1943 4s Jan 2 1944-1948 6s Feb 1952, 114 5Mb Aug 1941 109M 115M 110M 3 Ms Jan 1 1940-1949 Veterans Welfare— 5s Jan 2 b 0.50 to 2.70 % 0.50 to 2.00 to 1.50 to 2.65 b 0.40 0.50 b 0.40 b to 0.60 to 2.50 2.30 to 2.40 0.60 to 2.25 S D No 1 4Mb 1939-47-J&D 4s July 1941-1945 J&J 3.65% March 1, 1950-54.-2Mb Sew dist 1947-56.A&0 3s 1963-1972 opt 1955-A&0 3M8 Mun Water Retire 1963-1972 opt 1955-A&O 2Mb Sewer Disp *47-'56A&0 Moffat Tun Imp D— 5 Ms 1944-1963 J&J 5 Ms 1947-1956 J&J 5 Ms 1964-1973 J&J 0.60 to 2.00 J&J 5s 1974-1983 to 2.10 % 1.10 to 1.70 2.10 to 2.20 1.90 to 2.20 2.30 % % 2.20 2.35 2.30 1.85 to 2.15 2.25 to 3.35 2.75 to 3.50 3.45 to 3.60 3.50 to 3.60 to 2.20 b % % 1.80 4Mb Water 1944J&J 4Mb Ref Wat 1939-67.J&D 102 to 2.40 % to 2.60 4Mb Water 1962-1965.J&D SDNol 4Mb 1939-53.J&J 93 M 2.50 % to 2.50 % to 2.60 2.60 Colorado Springs— Ref 1Mb 1910-1943---M&S b 0.60 Denver (City and County)— 93 85 M 93 0.75 0.75 3s warrants 1939-1951 95M 85 3s 110M J&J 0.40 San Joaquin Co 5s '39 '49.J&J Santa Barbara 5s '40-41-JanlO b 0.50 ARKANSAS 101.31 3s 1949 0.50 CONNECTICUT to 2.75 2.50 5.50 J&J2 b 0.75 J&J2 b 1.65 to 1~50 to 2.20 Funding and building bonds 0.15 lMs 1939-1943 J&D 1.00 lMs 1944-1958 J&D Branford (T) 2s 1940-57-J&D 0.50 Bridgeport— 0.35 5s Refunding 1939-48--J&J 0.25 2Mb Refunding 1939-47 J&J 0.40 1Mb 1940-1948 J15&D15 Bristol 5Ms 1939-1957—J&D 0.50 Dan bury— 3 Mb Fund 1941 tax le.A&O 1.20 Darien 1Mb 1939-1958--A&O 0.25 East Hartford (Town)— 0.35 4Mb School 1939-59--M&N 0.25 lMs 1939-1945. F&A Fairfield (County)— 1Mb 1939 to 1950 J&D b 0.15 to 0.85 to 1.70 % % to 2.10 % _ Puerto Rico— J&J b 0.50 3s Feb 5s July 1954 opt 1943 5s 1950 opt 1944 5s 1948 opt 1943 112 J&J J&J 4Ms funding 1963. —J&J 4Ms July 1952 J&J 4s gold 1953 J&J 2Mb 1940-1946 J&J 2Mb refunding 1940-49.J&J b 3.35 115 112M b 3.10 2.90 b 0.75 b 0.70 to 2.25 to 2.40 0.50 to 2.45 0.50 to 2.40 0.50 4 Ms Mun Imp '40 -'48-A&O Bakersfield 5s 1939-1952-A&O 3.20 0.50 Alameda 4s 1939 to 1941-J&D 2.00 114 112 0.60 tp 1.00 to 2.15 Tax-free in Connecticut. o 2.60 b 2.95 b 3.00 J Less 2.40i% 2.80 % 2.90 % 1 on / Flat price, to 2.25 to 2.50 to 3.00 to 2.40 95 Imperial Irrigation District— Refunding 6s 1983 J&J Refunding 5s 1983 b Basis. % to 1.70 % 1.70 7» to to 2.15 to 1.10 % to 1.85 % % to 2.25 % to 1.50 % to 1.60 % _ Golden Gate Bridge & H'way3 Ms series O 1942-1971 .J&J b bid side, 0.40 0.80 0.40 East Contra Costa Irrig Dist 6s 2.80 % to 3.20 %. to 2.00 ^ 0.30 Berkeley 5s 1942-1951 J&J 5s School 1940-1955 J&J East Bay Mun Util Distr— 5s 1940-1974 J&J to 2.40 ALABAMA M&S M&S to 2.25 1940-1952 F&A 2Mb Feb 1 1940-1954.F&A 2 Ms Feb 1 1940-1954.F&A 114 b 2.25 3 Ms renewal class C 1956. J&J b 3.00 4 Ms harbor impt June l'39-'73 b 1.00 1 Phoenix Hn H S D 4Mb 1948 b 3.25 J&J b 3.50 J&J b 3.00 107 M 107 % to 1.80 3s 1939-1968 104 102 - 2.90 Sacram'to Co 4 Ms '39-*46 J&D San Diego 5s WW '43-'54A&0 5s Water 1940-63 J&J 5s School 1940-1966-.-F&A 108 102 - 1.70 b 0.50 Sacramento 4s Jan 1940-19 15 4s 102.18 102.27 1951 5s WW 1939-1957 J&J 104 6s ref pub impt '39-'53 M&N t 3.80 Tuscaloosa Co 6s Bridge 1941 b 3.00 5s Road 1957 M&S b 4.00 Federal Home Loan Banks * 3.10 to 2.95 > 102.9 4Mb highways 1952 4Mb 1956 and 1959 4s renewal July 1,1956 to 102.29 102.30 104.27 — to 3.30 3.60 102.7 102.9 4Mb Oct 1959 5s April 1955 2.60 0.75 1.00 3.80 3.80 104.25 .-.M&N M&S to 2.40 » 105.24 4Mb 1950 4MB 1957 to 3.40 1.00 » 6s Road 103.3 104.17 4 Ms 1958-- 0.50 > 105.22 J&J to 3.45 5s J&J 104.15 Philip Isls 4Mb 1952 to 2.90 Morgan Co 5s road 1952-F&A Selma (Citv) 5s-6s 1939-1955. 2Ms 1940-1952. J&J 102.11 Mar 15 1942. 1940-44.M&S 1940-44.M&S 0.75 1948-1977.F&A b 2.70 to 3.60 % 1978-1987-F&A blOOVs tolooM F&A b 2.50 to 3.60 % 3. 60 Modesto Irrig Dist 6s 0.40 to 1.75 Oakland 5Ms 1939-1943.F&A 0.40 to 1.50 4Mb Mun Imp '39-'43.F&A 0.40 to 2,75 4Mb 1939-1965 F&A 2% Sept 15 1942 1M% Dec 15 1942 1M% June 151943 1M% Dec 15 1943 Home Owners' Loan Corp— 3% prin & int guar '44-'52 2M % prin & int guar '39-'49 2 M % prin & int guar *42-'44 1M% prin & int guar 1939— 1.70% refdg 1.75% refdg to 3.60 of Southern California— 102 98 Montgomery— 5s funding 1940-1966--J&J 4Mb Sanitary Sewer Jan 1'44 Montgomery Co 4Mb 1957-59 101.30 103.1 Imp 2Mb 1939-57.J&J July 20 1941-1945-- to 3.10 Metropolitan Water District 102.28 2.10s to 3.40 4s 103 M% June 15 1941. M% Dec 15 1941. Pub A&O b 2.00 Los Angeles City High Sch Dis 5 Ms Nov 1939-1960--M&N 105 102.27 Pub Imp 4Mb 1953 A&O b 2.00 4Mb Oct 1956 opt '46 A&O 115M 4Mb Nov 15 1939-58--M&N b 0.25 Pub Imp 3.10s '39-'56 M&N b 0.50 to 3.60 102 M % Mar 15 1941. Honolulu (City & County)— 5s Pub impt 1956—J&D 15 b 2.80 5s Jan 15 1940-'56—J&J 15 b 2.75 3Ms Sept 15 1940-53.M&S b 0.75 Hawaii Terr 4Mb '49.M&S 15 b 0.50 b 1.75 4Mb Jan 1945 4MB NOV 15 '39-'56-M&N 15 b 0.50 to 3.10 103 102.23 S 0.75 1.00 4Ms June 1 1939-1948 102.9 102.21 U to 3.35 to 3.35 3Msser A 1940-1977-J&J b 1.25 tolOOM 100 M 3 Ms ser B Jan 15 '77 J&J 101 3 Ms 1948-1958 J&D b 2.75 to 3.25 2s 1939-1942 A&O b 0.50 to 1.75 "IIo" 101 1.00 0.50 0.75 Ref 4s 1940 to 1975-J&D b 1.25 3 Ms 1939-1977 J&D b 1.00 to 3.20 Mobile Co— 101.31 & to 3.25 Electric Plant Revenue— City— Refunding 2-5s Jan. 1 1966- 102.11 TERRITORIES Water 1939-41.-A&O Water 1939-1970-A&O Sch 1939 -1944—J&D 1939-1968 J&J 1940-1969 M&S b 1.50 b 2.50 96 Mobile 112M 101.28 Federal Farm Mtge Corp— 3M % int & prin guar *44-'64 109 3% Int & prin guar 1944-'49. 108.18 3% int & prin guar 1942-'47- 106.12 2% % int & prin guar '42-'47 105.24 1M % int & prin guar 1939— 100.15 Federal Land Bank — Farm Loan 3s July 1 '55 opt '45—J&J 107 M 3s Jan 1 '56 opt '46—J&J 107 M 3s May 1'56 opt '46 M&N 107 M SMsMay 1'55 opt'45—M&N 108% 4s July 1 '46 opt '44 J&J 112M Commodity Credit Corp— */i% notes Nov 2 1939 100.12 Federal Natl Mtge Assn— 2% notes May 16 '43 opt '39 101.28 1 bA % Jan 3 1944 opt 40 100.24 Reconstruction Finance Corp M% notes July 20 1941 100.28 M% Nov 1 1941 100.26 Vs% Jan 15 1942 100.24 U S Housing Authority— 1% % notes Feb 1 1944 102.5 Net to 3.25 2.90 3.00 b 4Mb Ct House 1939-43 M&N b 1.50 4Mb Ref 1940-1961—A&O b 1.50 100.7 - and To Ask Ms W at Wks ~l956-76~ M&N 3 Ms Water wks 1952-75--. 58 School 102.9 *74 Vo 1*4,% 1 940-1Qfi9 2 to 2.90 124M 101.29 15 15 15 15 4s 2.90 1939-1964 -F&A 1940-1945 ——J&D 4s 1946-1961 J&D 3 Ms Jan 1 1940-1960 Los Ang Co 4Mb '40-'49__F&A 1939. 194019401940- H% H % M % M% Bid 112 111M 111M bid Lps Angeles (City)— 2.50 92 58 schools 1940-1940.-A&O Hunstville 5s funding Mar 1'42 Pub Imp ref 5s 1939-1962-Jefferson County— 108.4 Bonds 4Mb 4Mb 4Mb 4 Ms 5s Municipal 1939-61.-F&A 5Ms Harb Imp '39-'61 M&N 3Ms Wat Rev '39-'48_.J&J 3 Ms Sch Dist 1940-61--J&J New ref various coupons 106.15 108.2 2.40 to g Birmingham— 3 Mb impt ref 1939-50—J&J 3 Ms Imp ref 1942-1958 A&O 4s 1940-1961 A&O 4Mb 1940-1960 A&O 5s sewers Sept 20 1941 M&S Florence refunding 1% to 4%_ Gadsden 6% impt long mat are or Net Bessemer— 105.23 the yield basis; all other figures Yield Basis Ask 103 M 5Ms Dec 1 1939 5s schools 1939-1947—-J&J b 2.00 toLOO % 107.9 106.13 105.22 Q-J 2M% June 15 1939 rt% Sept 15 1939Dec Mar June Dec 107.7 Bid 1Mb 1942, 1946, 1949—M&S b 2.70 is pub highway 1949-51-M&S b 2.70 Bonds— 4Mb Oct 15 1947-1952-A&0 are To or Net also pa ge 19. figures shown Yield Basis Greenwich— „ . 3s 1939-1944. 1.40 to 3.00 % F&A 0.20 to 1.00 1 Ms F&A 0.20 to 1939-1947 % 1.40 % Hartford— 66 n 1 Ms -M&N 0.20 to 1.60 62 3 Ms Bridge 1954-55—J&D 4s Water 1940-1949...J&D 1.65 to 1.70 0.25 to 1.75 ■% Nominal. 1939-1953. % % MAY, 1939] MUNICIPAL AND STATE 93 BONDS Quotations for all securities are as near as possible for the closing day of the month precedina the date of issue Yield Basis Yield Basis Bonds To or Bid Ask Agricul Mtge Bk Hartford County— Metropolitan District 2ks Wat Sup '4077M&N 24s 1940-1978 J&J Hartford (School District) ♦4Mb Northeast 1959-j&D *3 Ms South Sept 1955-M&S Manchester *4 4 s 1940-44M&N Meriden 14s 1939-48 J&D 0.25 0.40 to 2.25 to 2.25 2 25 to 1 50 % Anhalt 7s to 1946 % Antioquia Col (Dept of)— Extl s f 7s ser A 1945—J&J 1.70 % Certificates of deposit— Extl s f 7s ser B 1945. .J&J to 1.75 to 200 J&D15 to 2.00 0.25 0.20 to 1.80 to 1.45 0.50 % Norwich 4Ms 1940-1965-M&S 2MB 1940-1959 J2&J2 0.50 0.35 to 2 .75 2s P I Fund 1940-59—J&J 0.35 to 2.25 b 0.50 to 2.25 Ridgefield (High School) lMs 1940-1963 J15&J Stamford (C) 4s 1942 M&N M&N 2Ms 1939-1961 Stamford (Town)— *4 Ms Sch 1939-1965 M&N .10 b 0.25 % % to* 2*60 0.25 to 3.00 0.25 to 1.90 0.25 Suffield lMs 1940-59-—J&J Torrington 2 Ms 1940-'57 A&O Waterbury— 5s Water 1939-1971—M&N 5s Funding 1940-1943.M&N 4Ms Sewer 1940-1955.-J&J 3s Street 1940-1955 F&A 2s Relief 1940-1944—M&N West Hartford 4 Ms 1943 J&D 4Ms Mar 15 1940-49.-M&S West Haven to 2.25 to 2.50 0 50 to 3.15 0.50 to 1.50 0.60 0.25 0.50 to 1.75 0.50 11M Extl Externa] Extl (School Dist)— 0.50 to 2.00 0.50 to 1.75 to 1.85 1.60 New Castle Co— 5 Ms 1940-1944 J&J Sussex Co 5s 1940-1970—J&J 4Ms 1939-1953 A&O to 1.90 Bolivia (Rep) Ext Extl 7s 1958 to 0.25 0.5Q to 1.60 1.70 FLORIDA Brevard County School Tax Districts No. 4 6s 1939-55— Columbia Co Road 6s 1955— Coral Gables— New refunding 2 M-5s 1977- 55 117 114 Brisbane 100 100 103 30-yr 99 101 120 123 b 2.75 103 M 107 to 3.50 % 116 to 2.50 % to 4.00 % 106 M HO b 1.50 to 2.50 b 2.00 to 100 71 69 107 b 2.00 b 2,75 112 to 2.50 to 108 107 95 Refunding 5s Jan 1 1964- 6s stamped 1961 M&S _A&0 7Ms stamped 1947.—M&N 6 Ms stamped 1961 F&A 101 b 3.50 J&J b 3.75 -M&S b 3.75 Refunding 4s 1940-62.F&A Orange County 5s 1944..J&J b 3.00 .... 103 97 Pinellas Co ref highway Polk County 5s July 1 1939-40 b 2.25 St Augustine 5-4s stam'd 1955 74 New refunding 3-5s 59 _ 106 106 64 Refunding 3-5s Oct 1 1972 6 4.25 Suwanee Co Road 5 Ms 1946. Tampa— 5s June 1955 opt *25—J&J 99 5s W W Purch *39-72.F&A 6 2.50 4 Ms Impt 1937 J&J 102 Ref 4s 1943-1965 98 M&S West Palm Beach— 48 Refunding 2-5s FOREIGN GOVERNMENTS AND CITIES Agricul Mtge Bk (Colombia) 6s 1947—.. F&A / 25k Certificates of deposit. / 24 6s 1948A&O / 25 k Certificates of deposit / 24 f 4s $ bonds 1984-J&J 1.50 to 3.50 7 Ms 1946-... 92 106 to 14 k 14 k 16 4 / 11M 22 85 sec 7s 1948 96 96 91M 124 " Certificates of deposit... Oeara (Brazil) 8s 1947--.J&D Cent Agricul Bank (Germany) Farm loan 7s 1950..M&S15 Farm loan 6s I960—-J&J15 / 3.65 3.90 102 105 174 17 20 1SI QQ to 3.00 % 77 61 108 108 65 4.00 % 100 to 4.00 % 104 101 50 Central Bank of Germany— 6s A 1952 F&A / 6s series B 1951 A&O / Chilean Cons Municipal LoanExtl s f 7s 1960 ser A. .M&S / 32 30 27 4M 204 14M 16M 16M *32* 6 Basis, 8M 12 8k 12 8 12 / 8 6s assented Feb 1961 Extl sf 6s Sept. 1961 —M&S / 6s assented Sept. 1961—7 Extl Ry ref 6s Jan 1961 .J&J / 6s assented Jan Extls f 6s 1962 / M&S/ / M&N / 1961 ^,6% assented 1963 27 18 18 / Chili Mtge Bk 6Ms '57 J&D31 / 6Ms assented 1957._..../ S f gu 6 Ms Jne 30 '61. J&D31 / 6Ms assented Sf gu 6s 1961 / Flat price, 1961 1961.. k Last sale, n 12 8 12 8M 12 8 12 Nominal. 17 24 17 M ioik 98 F&A 52 M 53 k ioik 5MsPubWksJune30'45J&D 66 k 68M Extl 15 M 11 Cundinamarca Dep (Colombia) f 6 Ms 1959—-M&N / Certificates of deposit. / Czechoslovak Republic— Ext s f 8s 1951 ser A—A&O s 7 74 7 7 \VA 28 Ext s f 8s 1952 ser B—A&O Danish Cons Municipal Loan 5Ms 1955 ...M&N 1953— F&A 30 86 M 90 M 80 89 054 96 k 93 82 M 86 Danzig Port & Wat Ways Bd Extl s f 6 Ms 1952 J&J Denmark ext 6s 1942 J&J Ext'l 5Ms 1955 F&A Tru8trcts4Ms 1962 A&O 15 Dominican Rep 5 Ms '42.M&S 2d Series 1942 5 Ms Cust Adm 1940—A&O 2nd ser 5Ms 1940...A&O 31 68M 69 k 69 M 70M 70 M 70M Customs Administrations— 5Ms of '22 ext 1961 2d series 1961 5M8 of '26 ext 1st ser 1969 5 Ms of *26 ^ Dresden (Ger) ext 2d ser 1969 ext 7s '45 M&N 75 IYA 75 uu 1/ 16 M Duesseldorf 7s to 1945--M&S f 17' ' Duisburg 7s to 1945 M&N / 17 El Salvador (Rep)—8s A 1948 15M Certificates of deposit Estonia (Rep of) 7s, 1967 J&J 96 Finland (Repub) 6s '45.M&S 105 H Frankfurt-on-Main (Germ)— 7s 1939 --.A&O 17M 20 20 _ 23 93 93 M 99 M 97 86 M 7s 1940 A&O 7s 1941-1945 A&O Extl sf 6 Ms 1953 M&N French Government— 7s ext of 1949 stamped. J&D 7s plain 1949 7Ms 97 "l6" 106" 80 70 47 54 M 55 53 M 36 19 28 M 16 H 17 ext 1941 stamped J&D 16 16 13M 18M 119M 103 M 108 105 k 15 18 3M 32 25 30 25 M 30 30 9M "13" German Conversion Offer-— Funding 3s 1946 f 26 German Cons Munic 7s*47 F&A / 17k y *. « Cons munic 6s 1947—J&D1/ 17 k German Govt Internat— 5Ms loan of 1965 J&D / 5 Ms unstamped 1965 / 26k 18 17M 9 17 — —.... ^ German Prov & Comm 28 6 Loan)6Ms'58 J&D / __ Graz(Mun)Austria 8s'54M&N/ 16 Gt Brit & Ireland—See British Greek Govt s f 7s 1964—M&N / 25 M 7s part paid 1964 M&N / 20 M Sink fund 6s 1968 F&A / 22 M 6s part paid 1968— F&A / 17 Guatemala 8s 1948. M&N / 20 Haiti (Rep) 6s extl 1952.A&0 "' 74M 68 1953. A&O 63 Hamburg (State of) Germany 13 M Gold 6s 1946 .A&O Hanover (City) Germany 7s'39 / 17 M Hanover (Prov) Germany— 6s 1st series 1957 F&A / 16 6 Ms 2nd series 1949 F&A / 16 Havana—1st 6s 1939 80 Q-J 2d 6s 80 q-j Heidelberg (Germ) 7Ms'50J&J / Hellenic Republic (Greek) Sec Wat Works 8s 1952 A&O / 53 Helsingfors (City) Finland— Extl s f 6Ms 1960 A&O 102M Hessen. See Munich Bank Hungarian Cons Munic Loan s fg 7 Ms 1945 J&J/ 8k Extl s f 7s Sept 1946—J&J / 8M Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A..M&N / S f 7 MsT61 ser B ($ bds)M&N / Hungary (King) 7Ms '44.F&A / 23 Ext at 4 M % to 1979. .F&A 20 ~~ Irish Free State 5s 1960*_M&N 103 Italy (Kingd) extl 7s *51.J&D o9k 27 21k "79"" 70 16 ^ vi. ooi xi ... 33 k 24 M _ ^ ... 24 Bks M 22 18 20 100 100 17 103 9k 12k - * !§« 35 25 113 59 k Prestito Redimibile 3Ms Specified Onsttecified*. 25 — I I—IIIII Ital Crea Consortium for Pub wks ext 7s B'47 M&S Pub Utii Credit s f 7s'52J& J ilH il« — 18k xUy8 14 k Stpd (Canadian holder) *65 / German Extl 7s '49 stamp A&O / 20 M 7s unstamped 1949 f 17 Scrip. / 5M __ 13 — 103 H 7 Ms plain 1941 „ 98 106 _ 8 12 84 11M f 84 A&O/ 12 '/ 84 23 M / 15 / 22 M / 16 100 h 103 M 100 k 7 7 14 Chili (Rep) ext 7s 1942.M&N/ 7% assented 1942 f Extl s f 6s I960. A&O / 6s assented I960— / Extl s f 6s Feb 1961 --F&A / 6s assented 1962 Extl s f 6s 1963 32 Extl g 4 Ms '49 opt Extl 4 Ms 1977 5s *28*" Ilk 13 k 11H 1M 6s July coupon on I960.. / ---Farm loan 6sl960-.A&015 / 6s Oct coupon on 1960 / 29 6s A int ctfs 1938—A&015 / 27 2.50 68 24 M&N / _ 110 16 M - f 7s 1951 sec s Funding 5s 1951 M&N Costa Rica Pac Ry 7 Ms 1949 5s 1949 M&S Cuba (Rep) 5s 1944 M&S ^ ..... — 32 83 M 82 *55*" 19 l04~~ 22 - to 3.90 27 26M J&D Extl g 5s 1949 F&A Extl s f 5 Ms '53—J&J 15 16 M / 32 32 7s stamped 1937 / 50 Cordoba (Prov) Argentina— Extl s f 7s 1942 66 M J&J Costa Rica (Republic)— 18 6M J&D 30 49 M 49 M Ext 10 A&O Certificates of deposit to 3.25 to 65 62 62 55 M 38 45 k 45k 45 M 47 31 19k 25 k 30 26 - (Con Agr Oallao (Peru) 7 Ms 1944--J&J Carlsbad (City) s f 8s *54-J&J Oauca Val (Dept of) Colombia to 3.75 6s assented Connecticut. 20 „ b 3.00 Palm Beach (City of) 5s 104 Pensacola 4Ms ref 1941.. &J 5s 1958 .J&J 111 St Johns Co Road 5s 1946... Road 5 Ms 1944 M&S St Petersburg— s / / / / / (Colombians f 7s '47-M&N Extl free in 3M s Certificates of deposit Orlando— Tax 78 78 3 4 Bud'pest(City)6sJ'n'3&coup'621/ 8 4 Buenos Aires (Prov)6s'61 M&Si/ 55 Call M&N b 2.00 5Ms 1940-1950 M&N b 2.25 Ref 4Ms non-opt 1947-56._ b 3.00 New Smyrna— Ref 3-4 M-6s Jan 1 1964 88 * F&A Sees f 7s 1967-— J&J Stabil loan 7 Ms 1968.M&N Oaldas Exts f 7 Ms 1946—J&J 96M 35 35 Extl s f 7s 1957 F&A / 43M 7s stamped 1957——. / 44 M External s f 7s 1937. -M&N / o4 Bulgaria (Kingdom)— 112 104 — " 90 91M 86 k 3M 34 f 6s 1950 J&D British 4s 1990 opt *60- -M&N 95 War Loan 3 Ms of 1932. / 84M / 95 Victory 4s due 1976. Brit Hungarian Bk 7Ms 1962.1/ 7M Extl 3.75 17 10M / ... ^ 3 3M 88 M 88 H M&S 5s of 1957 Scrip Readjust 4M-4Ms'77-M&8 Refs f 4M-4ms *76---F&A Extl re-adj4 M-4 Ms '76A&0 Ext re-adi 4M-4ks'75M&N 3.00 102 Miami Beach— 5 Ms 1939 4s 1961. 11* If* (City) Australia— s r 7s stamped 1952 Miami— „ 13 18 3 _ Gainesville 5 Ms July 1939-40- b 1.50 6s 1940-1950.. J&J 7 M&S / S f 5s 1958 20-year No. 1 5s 1939-1955—. A&O b 1.50 Escambia Co 6s Aug 15 1951. 101 5s 1952-1953 5 Ms 1945 1950 8s '47 M&N'/ f 7s 1969 s \lH ..... 110 . Jacksonville— 6s Jan 15 1940-45—J&J 15 5Ms Jan 15 1940-45.J&J 15 Refunding 2.60s Jan 1 1957 Lakeland new refunding Water & Light 5Ms 1940-50 Leon County 5s July 1 1939-40 6s July 1 1941-55. Marion Co Road 6s Feb 1 '52. Road bonds 5s July 11952 " — 62 M 61 Dade Co 5s Oct 1947-54.A&0 Special Tax Sch Dist No. 2 Ref 4s 1956-67 M&N Ref 3 Ms 1940-1947. .M&S Dade County (School No 2)— Refunding 4s 1940-67.M&S Duval Co Road 5s 1955-.A&0 Duval Co School District „5Mb July 1941-1975 Hillsborough Co 5s Oct 1 1943 Hillsborough Sch Dist No 4 60 121 13 h 13k 22 14 Extlsf6Ms (1926)'57.A&0 / 15M Extlsf6Ms (1927) *57.A&O / 15k 5s of 1895...._./ 5M 5s of 1913 / 5M 4Ms of 1883 6 4 Ms of 1888 / 5:M 4s of 1900 / 6 4s of 1910 / 5M 4s of 1889 / 5M Funding 5s 1931-1951-A&0 / 22 Funding scrip / 33 Bremen (State) 7s 1935—M&S / 21 6s 1940. M&S / 16 to 1.10 A&O 17 A&O 6s 1940 A&Oj / Brazil 8% ex 1941 J&D I/ 7s Cent Ry elec 1952..J&D'/ to 2.00 A&O 0.25 1.60 Extl to 2.10 A&O 1947-1949 4s 1939-1941 4s 1942-1948.—. 1.80 101M 108 M J&J J&D f 6s 1955 / 0.25 to 1.50 0.60 to 2.15 0.50 to 2.05 Wilmington— 4Mb Bldg Con *53-'62 M&S 4Ms 1939-1958 (s-a)..A&0 5s to 1.60 1.60 1.75 — s f 7s 1955 J&D / 15 M 16 M Bogota (City) extl 8s '45-A&O 11 Certificates of deposit Extl s f 6 Ms 1947 A&O / 17 M Bogota (Mtge Bk) 7s May '47 / 25 M Certificates of deposit 7 24 7s Oct 1947 A&O / 25 M Certificates of deposit—7 24 DELAWARE 2Ms April 1 1940-1947... 2Mb April 1 1943-19572Ms April 1 1958-1966. Kent Co 4Ms 1945-1950.M&S s Berlin 6 Ms 1950 6s June 15 1958— to 2.25 0.50 *4 Ms 1940-1956 ..M&N Windham (Township)— 4s 1940-1952 J&J t J&D / Hukuang Rys 5s£—J&D 15 15M 2M-5s 1954/ 30 17 Cologne Germ'y 6Ms'50-M&S Colombia Rep 6s 1961. -J&J 254 Certificates of deposit f 23 6s Oct 1961 A&O / 254 Certificates of deposit f 23 Funding 4s Jan 1 1946 / 60 Colombia Mtge Bk— 20-yr s f 6 Ms 1947 A&O / 25 M Certificates of deposit / 24 Sink fd 7s (of 1926) *46 M&N ( Certificates of deposit / 24 Sinkfd 7s (of 1927) %7 F&A / 25 M 24 Certificates of deposit 80 M Copenhagen 5s June 1 "52 J&D 77 M Extl g 4Ms 1953 M&N Cordoba (City)— 32 88 H Antwerp (City) extl 5s '58 J&D Argentine Repub-r91 4Ms s f extl loan 1948.M&N 86 M Extl s f conv 4Ms '71-M&N 77 k S f extl loan 4s Feb '72.F&A 77 M S f extl loan 4s Apr *72. A&O 80 2% Treasury notes 1948--Australia (Commonwealth)— 95 M Extl 5s July 15 1955.J&J15 95 M Extl 5s 1957—— M&S 90 M Extl 4Mb 1956 M&N Austrian Govt 7s 1957—J&J f 11 h Baden extl s f 7s 1951 J&J : 17 Bank of Colombia 7s *47-A&O / 26 7s 1948 A&O / 26 Barrauquilla 8s 1935-40-46-48 / 23 Bavaria (Ger'y) 6 Ms '45.F&A / 16 M Bavarian Palatinate 7s '45 J&T / 13 Belg Govt extl 6 Ms 1949 M&S 103 M to 1.80 to 2.40 to 2.40 1962- Chinese Government— n'A 8s 1946 0.40 6s assented 6% notes 1931 6s stamped 1931 Xi% ■ 11 Certificates of deposit— 11 s f 7s 1957 1st ser. A&O Certificates of deposit— 11H Extl s f 7s 1957 2d ser.A&O Certificates of deposit— Extl s f 7s 1957 3d ser.A&O f 11 Certificates of deposit— / .Ilk % % 1.65' to 3.15 to 2.05 1947-70- J&D15 12 k Ilk Certificates of deposit— s f 7s ser O 1945—J&J to 3.15 2s Incinerator 1940-59J&J15 Norwalk (T) 4Ms 1942..J&D 30 30 32 Ask . Certificates of deposit.__ Extl s f 7s ser D 1945.-J&J to 3.00 0.35 4 Ms Sewer 1940-1968-M&S 3 Ms 1939-1971 A&O Bid (Concluded).M&N f 11M 30 94 Extl % 1.80 4 Ms Water ref 1950.—F&A Norwalk (City)— or Bonds * New London— 3 Ms Sewer / 24 87 M&S / 17 to 1.45 0.50 1939-1952. _M&N 1939-'48-J&D 4 Ms Funding 1939-48 J&J / 25 M r 0.25 New Haven— lMs 1947— 0.25 Iks Bdge 1939-1955.M&N 6 0.25 New Britain (Co)— 4s Munic Bldg 1948 J&J ♦4Ms School 1940-52-F&A b 0.50 4Ms Imp A&O / 25 M / 24 Certificates of deposit... % Middlesex County— Yield Basis Ask Chili Mtge Bk 6s 1962 Certificates of deposit... Akershus (Dept of) 4s '68 M&S 2.25 % 2 35 °r (Colombia) —(Concluded) 7s 1946 % % 7s 2 50 Bid Bonds Net Japanese Govern ment— S f 6Ms 1954 ...F&A Extl s f 5Ms 1965 M&N Oriental Dev Co 6s'53.M&S Orient Dev Co 5Ms*58M&N 26 20 M 21M 59 63 41 43 78 M 80 59 59 M 53 M 48 53 k 94 STATE AND Quotations for all securities are as near Yield Basis Ask Extl 49 47 49 25 Leipzig (City of) 7s 1947F&A / Lima (City) Peru— Extl s f 6Ms 1958—M&S / 27 Extl Extl 'iaxon 18m 13 10 Certificates of deposit.— / 11 Lower Aust (Prov)7Ms*50J&D / 21m Luneberg (City) 7s 1948.M&N / 18 Maranhao (State) Brazil— Ext b f 7s 1958 M&N / 10 Medellin (Munic) (Colombia) 7s extl Dec 1 1951 J&D / / Certificates of deposit. / 4s extl J&D / readj $ bds 1954. J&D 13m 11m 12m 11m 14m 76 15 13m 14 — ""67"" Mexico (Republic)— 5s extl loan of 1899 5s assented 1945 M&N / 1945— f / —-- 4s of 1904-1954 J&D /. 48 assented 1954 J&D Extl 4s of 1910 (£20 pieces) £100 and £200 pieces / Treas 6% notes '23 ext to '33 £20 pieces £100 and £200 pieces m % Milan(Italy)ext 6Ms '52 A&O Mlnas Geraos (State) Brazil Extl 6 Ms 1958 -M&S Extl 6Ms 1959 ser A—M&S Montevideo (City) 7s '52.J&D Extl s f 6s 1959 ser A.M&N Scrip Mtge Bank of Denmark— Kxch s f 5s 1972 ser IX J&D _ ~Tm 4lA 85 s f 5s 1m s f 6a 22 434s assented 1958-.—F&A Warsaw (Land M Bk) 8s 1941 20 12 45 s f 6s SK. r/ if 20 >/ 20 4s scrip. 8a 1948. OB Santa VVIO VI ucpuoiv Catkarina 1171t 98 102 m 103 % 101 / / / / / 15 11 8m 5 18 17 10m 12m 10m 9m 9m 1/ 26 / / / / 97 m J&J M&N 101 F&A 102 J&D 99 m 3s 20-year 1958 3s perpetual J&D 98 h M&S 93 J&D 3s Jan 30-yr 4s I960. A&O 9934 10134 10234 102M 10634 10SM M&S 103m 14-yr 3 34s 1951 M&N 25-yr 3 34s 1961 opt '56 J&J 15-yr 3 34s. 1949 —A&O 1952— A&O Refunding 4 34s 1944.A&0 5s Nov 15 1941. M&N 100 "151"" ""65" 110 Refunding 5s 1943 110M 5s May 1952 Alberta (Prov of)— Gold 102 m 100 9934 109 100 102 102M 10334 107 m 109m 104 110m 10734 11134 109m J&J / 60 A&O / J&J / A&O 15/ 60 62 Gold 5s 1948 5s 1950 57 59 57 59 Gold 5s 1959 —A&O / 534s 1947 — 9m 9m 8m 3 rA 47 40 "39" 57 434s Jan 15.1957 4348 July 16. 1958 434s Apr 1, 1961 434s June 1, 1967 Debenture 4s 1954 J&J / 59 53 55 53 53 4 34s Jan 15. 1942—J&J 15/ Deb 4 348 1956 A&O / 55 55 J&J/ 53 55 A&O / J&D / 53 55 53 55 J&D f 51 53 100 102 434s 1947-1956 J&D 29 4 34s s f deb Jan 23 '69 J&J23 Calgary 5s July 1,1945 J&J 98 100 98 100 82 85 82 85 82 85 Halifax N S 4s July, 1945 5s Jan. 1951 J&J Hamilton— 35 101 Edmonton (C) 5s '45&'50A&0 5s sf 1955 & 1960 A&O "iim Brit Col (Prov) 5s *48.-J&J 15 5s Apr 25, 1954 A&O 25 4 34s 1939-1946 J&D 29 104 4s Elec L & P 1941 19 m 17 m 103 m A&O 103 106 99 102 13 5s M&S 93 96 88 91 90 92 J&D 89 92 1944. 5s 1959— "12" 434s 1945 434s 1951. 434s 1956 4s 51 1957— — J&D — 86 89 M&N 85 87 m 83 m 83 85 — F&A —J&D . —_J&D 3 34s sf deb 1949 18m % % 24 M "~~9m 434s 434s 4 Ms 4Ms Jan, 1944.. .J&J 1940-1951 A&O 15 June 1, 1971 J&D 4s May 1,1944 M&N 334s refdg May, 1939.M&N Metrop Co 434s ,53.,54&'61 4 34s May 1, 1965 M&N Harbor Commissioners— 5s Nov 1, 1969 M&N Sf deb 15 uk "67 M s 85 81m 80 101m 99 m 96 m 97 101 97 98 m 97 m 95 m 100 97 97 99 99 m 97 m 99 97 m 99 119 121 113 J&J 110m 110m J&J 111 107 112m 108m 107 m 109 M&N 534s 1952 4MB 1955 M&S 4MB 1960 A&O 4348 non call 1958.M&N 15 '434ssf Apr 15. 1961 A&015 Sf deb 3 Ms 1948 A&O 334s s f deb 1946 J&J 3s 100 May. 1954 New Brunswick— Sf deb 534s 1950 12 79 m 77 F&A Montreal 5s Dec 1, 1945. J&D 5s s f Nov 1, 1956 M&N 20 96 534s 1958—...J&J 1943 9m "II" 94 .J&D 5 F deb 5s 9m > 112 Lachine P Q 5s 1954 J&D Manitoba (Province of)— Debenture 6s 1947 A&O 534s 1942 "15m 10234 10234 101 f deb 1941 J&J North Vancouver 5s '60..J&J / Nova Scotia (Province)— Deb 5s 1960 M&S 113 105m 107 105 m 98 m 100 97 m 99 107 101 27 30 Deb 434s Sept 15'52 M&S 15 115 m 107 Deb 4348 1960—.M&NM5 117m 108 m 109m 111 19m : Quotations per 100 gold rouble bond, equivalent to 77.4234 grams of pure gold 125 100M 100M to 119 to ill 109 1939-1956-..J&J to to 96 ill 112 97 M 95 96 98 M 96 110M 97 M 112 125 140 111 112M 105M 107 ' 74 68 77 71 71 63 66 63 66 61 64 5s 68 Mar 1950-1959 4 34s 4 34s 6 Basis. 101 105 ...J&D A&O 113 A&O 1940-1941 1942-1945 A&O 107 109 J&J 104 J&J 99 101 92 F&A 93 M 98 M var var 5s 1950 & 1951 var 5s Jan 15 1970 107 95 100M 101 95 97 J&J14 90 434s 1942 and 1967—.F&A , M 97 84 90 99 102 100 102 Verdun deb 5s 1954 Winnipeg, Man 5s 1944..A&O 4 Ms non-call 1944. 99 M&N 98 M 4Mb June 1 1946— J&D 4 Ms June 15 1950—J&D15 96 4s Aug 1 1946 93 ——F&A15 GEORGIA 4Mb ref 1940-1945 J&J b 1.25 Albany 5s 1915 J&D b 2.50 Appling County— Road 5s 1949-1953 Athens 4 Ms June 30 1943... _ b 3 .00 b 2.15 92 101 100M 98 95 to 2.00 2.10 to 3 .50 2.00 Atlanta 4 Ms Jan 1 1940.-J&J 6 1.75 5s Water 1940-1951 J&J b 1.25 4 Ms 1940-1956 _J&J b 1.25 to 2.45 b 1.00 to 2.40 b 2.00 Co 4Mb 1948-49—M&N b 2.45 Chatham County 2.35 Ref 2Ms 1940-1967—J&D Augusta4Ms Flood '42..M&N 4 1.25 ;o 2.45 1.90 Bibb Road 4Ms 1940-1949.F&A b 1.25 Clarke Co 5s 1940-1944... J&J b 1.25 Columbus 5s 1940-1944-— J&J b 1.25 62 Gold 534s 1952 12 m 66 18m 10234 101m 47 "56" ►/ 107 A&O M&N 99m 100 106 m 93 h 99 m 15 1967 J&J 30-yr 3s Nov 15 1968.M&N 9antander (Dept) Colombia 60 8-yr 2 34s 1943 7-yr 234s 1944 10-yr 2 34s 1945- 20 yr 4s ""17" >/ 71 >/ 43 / 80 1942 45 ~w 9834 99 m 101M 101M J&D 117M to 101 15 i960 M&S 15 1957 M&N15 Toronto 6s 1939-1940 J&J 5s 1940-1950 J&J 18 M&S 1944 Debenture 5s 1960 / 4s Stamped Jan 101M 100M 1939-1944 J&J 434s 1943-1960 J&J Quebec (Province)— 8-yr 234s 1944 M&N 15-yr 3s 1951 M&N 3 Ms 1949. J&J 3 Ms s f deb 1952 J&D 4Ms 1961 M&N 5 F 434s 1946 J&D 434s 1956 J&D Quelwc City— 5s S F (non-call) 1960.M&N Saskatchewan (Province)— 5s 1943 (non-call)—J&D 15 5s 1959 (non-call)....M&N 4 34s July 21945 J&J2 37 15-yr 4 34s 1940 99 % (Brazil)- Extl 7b 1956 Ms 109 109 100 M 115 Imp '39-'50—J&J 5s 1940 & 1941 5s 1945 & 1946 2 Roumania 15m 12m m % F&A CANADA 1% notes 1941 2s 6-year 1944 116 4Mb 14 56 to to"l07 107 M 107 M 4s Nov to 1945.M&N Yokohama extl 6s 1961 —J&D 111 115 104 4 34s 37 35" Wurtemberg 7s 111M to 99 m 100 434s 1946-1961 4s £ July 1 1948 3 34s July 1 1944 Vancouver. (B C)— 5 Ms 1952 90 101 ....F&A Dollar Quotations) Dominion of Canada— ""65"" 100M 4Ms 19O5 39 Westphalia—See Prov Bank - - 40 m 41 F&A 20-yr 3s 1955—.. - Extl bonds of 1937-78 „ 3734 '37 1978. J&D extl readj s f f of s 12 95 m • Saarbrucken external conversion 1979. „ 38m 85 85 94 (Monopolies) -Institute 7s 1959——F&A / Feb 1937 coupon paid.. / Russian 634s June 18 1919.. / / 17 m 53 39 3 34s extl re-adj 1984..J&J Conversion scrip 94 m A&O F&A 55 3 34-4 M-4 5-16% extl 4-4 34-4 34% 110 111 Hydro Elec Pow Com— 4Ms Jan 1. 1970—.J&J 2 Ottawa City 5s *39 '45...J&J (American 102 m 1944.-F&A 103 100m 4 Ms extl sk fd 1956._ .M&S 99 m 4M8 extl sk fd 1965—A&O 97 m Sk fd ext. 4s 1963 F&A Norway Municipalities Bank 101 Guar s f 5s 1970.----J&D Nuremburg extl 6s 1952-F&A / 13 Oldenburg (Free State) 7s 1945 / 17m Oriental Devel—See Jap Govt Oslo s f extl 4M8 1955-.-A&O 99m Panama (City) 6 Ms 1952—— / 35 Panama (Rep)ext5Ms'53 J&D / 99 H Extl s f 5s 1963.. M&N f 60 / 55m Stamped 45 5% scrip -------- / Parana (State) Brazil /s 1958- / 11 Pernambuco (State oL Brazil Extl s f 7s 1947 8 M&S / Peru sec s f 7s 1959 M&S / 9 Nat Loan extl 6s 1960-J&D / 8m Extl s f 6s 1961— A&O / sm Poland (Rep of) 6s 1940-A&O / 28 Stab'n 1 s f 7s 1947-A&O 15 / 35 Extl s f 8s 1950 J&J / 35 m 23 4M8 assented 1958——A&O 28 434s assented 1968 A&O Dollar funding 3s 1956-A&O / 20 / 35 Coupons 1936-1937 Porto Alegre (City) Brazil Sinking fund 8s 1961—J&D / 10 h S f 40-yr 734s 1966—-J&J / 10% 7s 1968-F&A f 10 Prov Bank (Wastphalia) 6s '33 / 23 6s 1936 / 19 5s 1941 / 15 Prague (Greater) City 30 7M8 loan of 1932-52.-M&N Prussia 6M8 1951—M&S 15 / 16m 6sl952 A&O / 16m 103 Queensland (State) 7s '41 A&O Ext g 6s Feb 15 1947 F&A15 102 m Rio de Janeiro 8s 1946—A&O / 10 Extl sf 634s 1953 9 F&A / «Ms 1959 / 10% 6a 1933 / 8m Rio Grande Do Sul (State) Brazil ext s f 8s 1946.-A&O / 10m 7s extls / 10m Extl s f / 10 m / 10 External 39m Venetian Prov Mtge Bank— S f 7s 1952 ser A A&O Vienna (C) extl 6s '52...M&N 17 m A&O 1958 39 42 m 2m 2m 47 m Serv & Dr Board 5Ms 1950 Norway ext 6s 1943 99 m 115M 100 6s Munic 5s July 1, 42 m f 6s 1m % New South Wales (Australia)5s extl s f 1957 —F&A S f s Conv ""1H „ Met Wat "2I" Net 114 122 2s 1940 2 Ms 1944 25 F&A / 114 May 15,1939-43.M&N 15 4s May 15,1944-57.M&N 15 4s May 15,1958-68-M&N 15 23 m 21 Ask 112M 120M J&J 4s 324-4-434 % ($ bds of 1937) 1 f 10 / 10 / 49 / 47 / 35 Municipal Bank— Ilessen 7s to 1945 P&A / National Bank of Panama— 4s ser A & B 1946-1947 / 4s ser C & D 1948-1949 / Extl 22 16 (Prov) 6s '43—M&S15 M&N 434s 1944 M&S 434s Jan 15. '40'47—J&J 15 4 34s Jan '15 *48-'57.J&J 15 4 Ms 1939-1970 M&N 15 4s 1941 M&N 25 Warsaw (City) 7s 1958--F&A / f ... 25 Sydney (City) N S W— 96 m 25-yr s f 534s 1955 F&A Tokyo (City of)— 5s of 1912-1952 M&S 54 Extl s f 5 34s 1961 A&O Tolima (Dept of) 7s '47.M&N / 16m Uruguay 8s ext 1946 F&A / 46 % 1» 10m 9m 21m 20 m TO Bid o34s 1946 5s 1959 25" 1960 M&N Extl sf 6s 1964 M&N / 3 -4-4 34% ($ bds of 1937) external readjust 1979— m Vs / Ontario 10m 12 Institution (Prov) Poland— Extl s f 7s 1958 r J&D / 434s assented 1958—-J&D / Silesian Landowners Assn— Extl f gtd 4 Ms (May '14 coup on) '43 Stamped assented M&N / Bonds 11 21 1957.M&N 15 1st mtge s f 6s 1947 Metrop Water Service—» See New South Wales. Mexican Irrigation s f 6Ms / ield Basis or Net Silesia 12m Mendoza (Prov) Argentina— 1^51—--J&D s 6s 1943 State Mtge sec Ask 9 8m 10 8m 8m M&N / f 7s 1961 6s 1947 / 4erb8 Croats & Slov (King of) Extl 8s 1962... M&N / Extl 7s 1962 ser B...M&N / 73 J&D / 7H8 extl 8 * Stamped s Sink fund 7s 1945 J&D / Sink fund 634s 1946—J&D « Certificates of deposit.. Bid Bonds Sao Paulo Brazil 8s 1952 M&N 47 > To or Net 4antiago(Clty)Cbile7s *49 J&J f Foreign Govts, and Cities (CancD Jugoslavia (Kingdom)— Funding s f 5s 1956—M&N 2d ser funding 5s 1956 M&N State Mtge Bk 7s 1957- A&O 6Ms 1954 Yield Basis To or Bid Bonds BONDS MUNICIPAL possible for the closing day of the month preceding the date of issue as Crisp Co— Hydro-elec 5s '40-'57_F&A Dougherty Co 5s '40-'48 M&S Muscogee County Road 4 Ms 1940-1956- .A&O Pulaski Co 5s 1940-1948..J&J Savannah 4Mb ref 1943—J&J 4 Ms Drainage 1944 F&A 4Ms Refunding 1959..F&A 2Ms 1943-1967 J&D15 Spalding Co 5s 1910 '49—J&J b 3.00 to 2.35:% to 2.251% % to 2.20 to 3.50 b 1.25 to 2.75 6 1.50 b 2.25 to 2.50.% to 3.00 % b 2.60 - 1.75 2.00 b 1.75 2.50 % to 2.35 % b 1.25 to 2.75 % Swainsboro 6s 1940-50--A&O b 2.75 Valdosta 5s 1940-1942 Jan b 1.25 Ware Co 5s Road 1940-49 J&J b 1.25 Watkins S D 6s 1940-50.M&N 100 Woodbury 6s 1940-1949.J&D 100 to 4 00 to 2.25 to 2.75 % % % 105 105 IDAHO 4 Ms Impt 1939-47 opt '30 b 4 Ms ref 1940-1945 A&O b Boise City 4 Ms 1951 J&J b ILLINOIS 4Mb Serv Oorap *39-'43.Aug 1 4 Ms Serv Gomp '39-'43-Aug 1 4 Ms Serv Comp '39-'44_Aug 1 4s Highway 1939-1943-May 1 4s Highway 1945-1954—M&S 4s Highway 1955-1958..M&N 3 Ms Emerg Rel '39-'47 Dec 15 3 Ms Emerg Ref '48-*54 Dec 15 0.75 % less 1.00 to 1-25 2.75 less M 025 to 1.00 0.25 to 1.10 0.25 0.25 to 1.15 1.50 to 100 to 1.85 1.90 to 0.25 to 1.60 1.65 to 1.85 2.00 b 1.50 to 3:00 % County— 1939-1943--M&N b 0.75 to 1.75 % Bloomington— 4 Ms Water 1940-1961 opt Champaign 5s Road 1952 M&S Chicago— 3s 1941-1944 3s 1945-1948 b 0 75 b 1.70 3s 1957 opt 1940 3s 1957 opt 1941-1942 3s 1956 opt 1945-1949 Water Works System— % 2 05 % 1.00 to 1-50 to 6 1.25 to 1.60 % b 2.30 to 2.50 3s ctfs Aug 1 1954 2 M s ctfs Feb 15 1958-59— 3Ms 1951 opt 1940 3 Ms 1952 opt 1945 3 Ms 1953 opt 1946 3Ms 1955 opt 1951 4s 1940-1944 % 2.60 2.60 0.75 2.10 2.20 2.40 b 0 40 b 1.75 to 1.60 4s 1945-1948 4s 1949-1950 b 2.25 to Board of Education— 3s 1957 opt 1941-1943 b 1.40 to 2.00 3s 1957 opt 1945-1947 b 2.25 to 2.15 2.30 43*s 1954 .50 % to 2.40 % 3 Ms 1955 opt 1946 2.25 4Mb 1954 opt 1944... Chicago Park District— 3 Ms 1956 opt 1946 4s 1955 opt 1939 4s 1955 opt 1940-'44 4s 1955 opt 1945-"47 4s 1955 opt 1948-'55 Sanitary District— 4s 1955 opt 1940-'44 4s 1955 opt 1945-'47 4s 1955 opt 1948-'54 / Flat price, k Last sale, i. n 1.75 106M — 107 M 0.40 5 0.75" b 2.25 to 2". 10 % to 2 .35 b 2.40 to 2.60 6 0.75 b 2.25 6 2.40 to 2 -60 I to 2.10 Nominal to 2.35 | % MUNICIPAL AND STATE May, 1939] To or Bid Cook County— 4s 1956 opt 1940-1944. 4s 1956 opt 1945-1917— 4s 1956 opt 1948-1953- 0.75 — to 2.40 to 3.00 1.75 to 2.50 2.50 to 3.25 0.75 to, 2.75 to 1.50 100 M 1.50 to "1.50 to 4s Fire 3?*s series q 1941-60--j&j 4s ser s 1941-1957 j&j 4s ser v 1943-1955 -j&j 3?*s series s 1958-1960-j&j 3 Mb ser v 1956-1961 —-j&j to 2.20 a&o 1.50 Gary Sch City 4Mb Oct 1943 Hammon (City)— 4s c h 1942-1956—j&j30 Indianapolis— 5j*s Track Kiev ,40-'47_j&j e 1944-55.. 6 2.35 5s series f Mar 15,1945-48- 6 2.50 5s series k July 1,1947-49— 6 2.70 6 1.25 2.50 1.50 Evansville 4s ref 1942—-j&j Fort Wayne 4Mb '39-*57-a&0 Fort Wayne School Dlst—. 5s Oct 1 1939-1943—. 100?* 3Mb series r 1941-60—j&j 6100?* 3?*s ser q 1943-1954---j&j 6 1.75 3?*s ser q 1955-1960—j&j 6 2.90 Long Term Bonds— Refunding 3 ?*s 1942-'56.f&a 6 1.50 Ref 3 Mb 1957-1960 f&a 105 to 2.35 0.50 indiana Elkhart 4 ?*s ww *39-75 O 1910-1943 b 1.00 102 to 2.50 1.75 % 3.50 l°75 3". 00 % to 2.20 ho 1.50 to 1939-1942 ...j&d Rapids 4 3*s'49-'53m&n Clinton Co 2?*s 1942—m&n Davenport Indep Sch Dist— 45*s 1939-1940 m&n 4mB 1940-1941 m&n Cedar to 2.75 to 102?* 3.50 98?* to 2.90 3.05 100 to 4.00 % to 3.00 111 113 115 1133* 1153* 5s 1956-1970 Lake Borgne Dist 5s Dec 1952 opt to 2.75 6 0.25 6 2.15 1153* 1173* a&o 114 116 105 to 2.50 to 1.00 Des Moines 5s 1939-'57—j&j 6 0.50 4mb w w 1939-42...j&d 6 0.50 6s Gen Oblig 1939-40—j&j 6 0.50 to 1.15 1 to 3.00 h4s Ind s d— m&s 1.75 m&s 1.70 Lee Co Prim Road 2?*s-1948 1.60 lessl Lyon Co 2>*s May 1 1939-47- 0.50 to 1.50 1.65 45*s Water 1939-1944-a&o 6 0.50 to 1.50 6 0.75 less 6 0.50 to 2.00 6 0.50 6 0.75 to 2.10 6 0.75 kansas Soldiers* Compensation Bonds 45*8, 1939-1952j&j 6 0.20 4s, 1953-1954 j&j Kansas City 5s 1942 f&a 45*s Wat & Light 1944.j&j 45*s Imp July 18 *49.-j&j Board of Education^45*s 1940-1953 f&a 6 0.40 45*8 1939-1953 j&j 6 0.40 Dlst45*sl940'54j&j 6 0.40 j&j -j&j ♦4?*s 1940-1961— a&o *4?*s Sept 1.1939-'68_m&s 4?*s Non-callable 1952 j&d M to 1.50 ^85 1.00 1.50 2.10 to 2.25 to 2.30 to 2.30 j&d 5s July 1940-1949 5s July 1950-1959 M to 1.90 1939-1950 to 3.10 63.15 to 3.30 to 2.40 6 3,20 6 1.00 to 100?* 1003* % 6 0.40 Leavenworth Co 5s 1945 1.65 0.75 1.60 0.40 Reno Co 5s 1941 Saline Co 45*8 1945 Sedgwick Co 45*s 1945 Shawnee Co 45*s 1944-. Topeka 45*8 1948-. 55*s Jan 1 1941 j&j Topeka SD4Ks Mar 1 *40-*46 Wichita 45*s 1939-1946 .j&d Sch Dist ref 45*s '39-48f&a Wyandotte County— 45*s 1940-1945 j&j kentucky Bridge Revenue Refunding— Project No 1 July 1 '50 j&j Project No 2 July 1 *55 j&j Project No 3 July 1 '50 j&j Project No 9 July 1955 j&j Project No 8 July 1 1945 ... Project No 10 July 1 '50 j&j Project No 11 1952 Project No 12 1947 Project No 13 1953 — Project No 14 1945-; ... 4?*s w w & Sew '39-'54j&j 4Hs May 2,1939-67-m&n2 tol'90l%75 45*81945 105 105 6 3.50 116 Tensas Basin Levee District— 5s Jan 1957 j&j 6 0.40 to 1.90 % 2s lmprove'mt 1939-56 a&o 6 0*75 Auburn 4s 1939-*40 tax-ex. j&j 6 0.75 6 0.40 to 1.60 % Augusta—4s Oct 15 1939-1955 6 0.75 48 Wat Wks Sept 1 1939-40 6 075 1939-1945 3?*s July 1, 1939-1947— Portland Water 103 Lexington— Pub Wks Nat Recovery 4s 1940-1963 j&j City Hall 5a 1940-'55.f&a Louisville—5s Sch 1962—a&o 1.00 to 2.80 1.00 to % 3.10 % 2.40 2.15 2.30 45*s Hospital 1951— -m&s _j&d 2.40 2.25 45*s Jan 1 1970 f&j 45*8 Sewer 1969 j&a 4s Sewer 1947 f&a 4s Lou w Co 1950.f&a 4s Sewor 1965 f&a 4s Jan 1 1970 j&j 35*s Ref 1943 j&j 3s Sew & Park 1941—j&j Owensboro 5s Sewer j&d 2.45 2.30 2.45 2.35 1.70 1.60 1.80 2.00 2.00 1 i 1 2.40 2.45 2.25 1.30 1.10% 0.70 % 0.90 3.70 2.30 % ■z.ou Paducah— 3.60j% 45*s w w 1939-1970—a&o 6 3.80 Warren Co 45*s 1940-*59.j&j 6 3.75 3.65 % 3.50'% ... / Flat price. 6 0.75 118 to 5s Water 1961 48 Annex 1954 4s Parka 1955 4s Mar 1. 1961 1945-1971 to 0.75 0.20 to 0.80 0.15 to 1.30 3.50 2.95 2.95 0.40 to 2.75 0.40 to 2.70 to 2.50 to 2.30 to 1.90 to 1.75 to 2.30 to 2.25 to 2.00 to 2.50 to 2.00 f&a f&a 0.75 to 2.90 0.25 to 3.30 0.40 to 2.90 % to 2.90 % to 2.50 % 0.50 0.40 to 2.25 0.25 to 2.25 0.25 0.25 0.25 to 0.25 0.25 2.00 % % % % % % % % I 0.25 to to 2.30 2.35 to 1.00 to 6 1.60 % I i 1.80 % to 1.60 1.00 m&s 0.20 to 0.70 0.30 to 1.90 0.25 0.25 i; 1%0 to 1.30 0.25 to 2 50 to 1.90 2.25 0.25 to 0.15 to 1.05 0.15 to 2.00 0.50 0.25 to 2.20 to 1.80 1 to 2.25 % to i to 95i % 2.25 % to 0.75 to to 3.00 % 2.30 % 3.25 to 2.30 % to 2.20 % 2.25 % 2.15 % 3.25 % to 2.80 % 1.75 to 2.25 % 1.75 2.00 2.10 2.25 to 2.35 % i 1 % 1.00 1.70 0.25 0.25 to 0.40 to 2.10 0.25 0.30 to 1.70 23*s 1939-1953— l?*s 1940-1949— New Bedford— 4s Bridge 1957.... m&n a&o to to 2.00 j&j 2.70 0.25 to 2.00 0.15 to 1.80 % % 4s Dec 15 1939-1944...j&d 0.25 to 1.25 % 23*s Dec 1 1939-1955..j&d 0.2.5 0.25 to 1.90 7s 23*s 1939-1947. a&o Northampton 1 ?*s *40-59 f&a Pittsfield— Ref 13*s 1939-1948—a&o to 1.50 a&o l?*s 1940-1949 -m&n Reading— l?*s school 1940-58.m&n15 Salem 1 ?*s 1940-1948—m&n Somerville— 0.15 to 1.25 i 0.20 to 1.25 % 0.25 0.25 to 2.00 % % 3hs School 1939-1954.j&j 0.40 Relief 23*s 1939-1948.a&0 l?*s Relief 1940-1946.a&o 2?*s 1940-1969 j&j 025 2.15 to"1.90 to~1.70 to 2.50 Quincy 2Mb 1940-47 0.50 0.40 Springfield— 0.15 3?*s Water 1939-1960.j&d 2s sewage disp 1939-68M&Ni6 0.15 . ~ to 2.80 to % 2.10 % to 1.75 2s 1939-1947 j&j 2s 1940-1953 f&a Methuen (relief and sewer)— ^ .35 6 2.35 % to 2.25 Maiden 2?*s 1940-1958—f&a 6 0.25 Ref l?*s 1939-48 m&n 6 0.25 Modford— & 6 2.15 7s 3.00 0.25 0.25 l?*s Relief 1939-1948..j&d 3.25 % a&o 6 2.10 7s l°75 ~ 1 ?*s Relief 1940-1946.A&O 6 0.20 Waltham 2s 1939-1948—J&D 6 0.25 Watertown— l?*s relief 1939-48--.M&N l?|s 1940-1949— A&O j&d m&n —.m&s m&s % % % 3.00 3.40 2.50 2.90 Lynn 4s Sewer 1940-'56--m&n'6 0.50 Is 1939-1941. .a&o 6 0.25 3.15 112 ..j&d 6 2.35 5s registered 1946 m&s 43*s Mar 1, 1940-'55-m&s 0 0.40 4s Aug 1, 1951— f&a 6 1.90 % % 0.20 % 0.20 % 2.00 2.20 maryland 43*8 1939-1942 j&d15 6 0.30 to 1.10 % Wellesley (Town)— 2s H S 1940-1952 43*8 1939-1942 M&S —j&j 6 0.30 to 1.10 % 38 ctfs of indebt '40-'50—a&o 6 0.30 to 1.50 % Winchester 3?*s 1939-46.J&J 2 ?*s ctfs of indebt. Worcester (City)— 1 ?*s Funding 1940-58—J&J 1939-1951 a&o 0.30 to 1.60 % 1 Mb 1940-1952 June & Aug 15 0.60 to 1.60 % 1940-1948. J&J 13*s ctfs of indebt— l?*s relief 1939-48 A&O f&a 15 6 0.60 to 1.60 % 2?*s Hospital 1939-49-J&J 1.50 Annapolis 43*8 w w '42. a&o Baltimore—MEXICO 5s 1940-1961 See Foreign Govts, page 93. a&o 6 0.40 to 2.35 7s 5s Gen Imp 1943-45 m&s 6 1.25 to 1.60 4s to 1.80 2s g & e 1939-1947.-a&o Lawrence (wat h'way & b'dge) 2mb 1939-1958 j&d 0 0.30 Lowell 2 ms 1940-1947 j&j 6 0.50 District— Funding 1948 2 ?*s Water May 1 1953 South Portland Sewer Dist— 4s 1939-1950 -m&n 6 1.00 WatervUle 4?*s 1940-50 6 2.50 Westbrook 43*s 1939-48 6 1.00 3.25 3.25 2.25 3.65 6 2.50 6 3.80 100 4s 3.60 3.55 6 3.50 6 3.50 113 Portland Bridge District— 103 6 3.55 110 Water 4s o h '40-*45 tax ex..a&o 6 0.75 103 6 3.70 — m&n 6 1.00 District— 4s Ref May 1, 1950-m&n 6 2.60 Old Town Water District— 4s July 1952-1958 j&j Portland— Ashland— 45*s s i '42, *47 & '52m&s Bowling Green—5s 1955.j&j Covington— 45*s 1939-1950— a&o 4Mb ww 1939-51——j&j 4s Fdg 1952 opt *42—f&a 45*s School Jan 1 1940-69. Hen lderson County 45*s r&b Oct l'39-'56 a&o to 3.50 Bath 4s Ref 1941 tax-ex.j&d 6 2.50 Belfast 43*s Ref '39-'50 m&n 6 3.50 Brewer High Sch Dist— 103 1.00 1.75 % 3?*s 1940-1942 tax-ex m&n 6 0.75 m&s 6 0.75 1 102?* 102?* 102 m j&d , to 3.10 to 1.70 102?* 102 M to 2.60 6 Par 4s Sept 1, 1939-1953 4s Highw & Bd?8 *40-44 m&n 6 1.50 4s State Pier 1939-1942—m&s 6 0.75 3 Ms 1939-1951 m&s 6 0.75 103 to 1.25 to Fall River— to 2.95 6 0.40 102 102 j-* 106 6 1.00 h'way&Bdge '40-'54-a&0 4?*s 0.40 0.15 0.10 2?*s 1939-1946 j&j 2 ?*s 1940-1968—m 2 & n 2 4s 1940-1955 (tax-ex)-m&n Framingham— 1% relief 1939-43-m&n15 l?*s water 1939-58—m&n Holyoke— 4s School 1939-1950 a&o 106 maine Kennebec 1939-53 % 1%65 0.60 1.00 a&o j&j m&s j&d 1944 j&d 3?*s July 1 1945 j&j 3s April! 1940-1957... 2?*s 1939-1968...—j&d 2?*s Sept 1 1939-1956.m&s 23*s 1939-1955 j&d Subway 2?*s 1939-48.j&d 2?*s 1983 —j&d Metropolitan District— 2?*s ser a 1940-'58_m&s 2 ?*s ser b 1940-62—j&j 2Mb Dec 15 1939-1960— 2?*s Oct 1 1939-62—a&o Braintree 4sl939-1941 j&j to 3.50 107 116 5s 102?* 102?* 102?* to 1.90 tax-ex j&j Easthampton (hi'way & relief) 13*s 1939-48 .m&n15 Everett 1 ?*s 1939-1941..j&j 1113* 110 Tun & Sub '59 l?*s 1939-1946.1 i3*s 1939-1942 Chelsea 4s 1958 3.80 106 114 to 1.65 to Brockton 13*s 19 40-'48..a&0 Cambridge 2s 1939-1958.a&0 102 to 3.50 1093* 1.80 0.75 102?* 102 to 0.15 0.15 0.10 „ to 1.50 101M 104?* 1093* 1033* 109 6 0.30 1024* 102 m 1022* 3.35 to 2.80 107 1.50 102 M % 107 5s Dec 1, 1939-1969—_j&d 6 1.00 1940-1947-j&j % % Shreveport— Leavenworth— 3.00 % 3 ?*s June 1 to 3.15 105 Orleans Parish Sch Board— 5s 1939-1944 —j&d 6 1.25 5s 1945-1967 j&d 6 2.70 Plaquemlne Parish e Bank— 5s Oct 1952a&o 107 Pentchartrain District— 6s 1944— m&n 111 5s July 1968 j&j Red River a & b b District— 5s 1950 Series b _a&0 5s Mar 1953 opt 1943.m&s 5s 1965 Series d f&a 6 3.10 33*s June 1 1943 to 2.40 6 1.00 6 2.50 103?* 1083* 102?* ... 3 ?*s 1939-1951 1053* Orleans District— to 2.00 less 1043* 33*8 July 1 1953-1968 6 1.75 4s July 1 1940-1952 4s Mar. 1 1942-1964—m&s 6 2.90 to 1.50 6 0.50 6 0.25 May 1 1939-1947 City 6s '39-'45-f&a15 6s Ref Aug 15 1910--f&a15 4mb Sewer 1939-47—m&n 2Mb 1939-1956j&j Sioux City s d 5s 1941 j&j Woodb'y Co Fund 2>*s'4-2-'46 1939-1945—-j&d 1945-1960 j&d 1961-1980——j&d 3.00 % 3.00 % to 4s relief Water— 4s Pub Impt 1942 j&j Orleans Levee District— 3 Mb Ref 1939-1962—m&s Marshalltown— Sioux — 1 6 3.10 6 3.10 0.10 4s 6 1.00 6 2.50 4s Constitutional 1942.j&j 4s Pub Impt '52 opt '42-j&j lesslm less1 J* lesslM 4hs Sept 1 1945 4mb 1944-.4s Sept 1 1945 194-53— 4mb 4Mb 4MB to 0.75 gold 1939-45 gold 1945-60 gold 1961-80- % 4s Sub 1957 tax-ex 4s Sub 1958 tax-ex to 2.60 4 Mb serial 4?*s serial 4 j*s serial Sewer and 1 0.10 1063* a&o to 3.20 to 3.00 a&o ?*% 1939-43 m&n15 Arlington 4s 39-'42(tax ex) j&j Beverley l ?*s 1940-1948.a&o Boston 4 ?*s Sept 11981-m&s 4?*s Tun 1960 tax-ex__a&o 4)*s Dec 1976 ..j&d 4s Tunnel & Sub 1948 j&d 117 116 Levee— 1942.-j&d 4s 1946-1956 1.00 m&n 6 1.25 1939-1968 massachusetts 4s 1939-52 (tax exempt)_.Var 4s Water registd 1939-58-j&j 33*s 1956 ref (tax-exem)-j&j 3?*s Water 1942. j&j 33*s gold July 1944 m&s 3s,gold Water Jan 1 1941 .j&j 23*s Dec 1 1939-1947..-j&d 2?*s reg July 1 1939-67— Metropolitan Water Loan— 2s reg 1944-68 ——j&j *sPub Wks-Septl5 '39-'40 to 3.50 to 0.75 to 3.25 Is Pub Wks Feb 15 1940-1941 Hurricane & Flood Damage— 2.00 4?*s 1940-1966-.-—a&o 6 1 00 % 1.00 5s 1969..... 101 New Orleans—Public Belt— 6 0 80 b Basis. to 3.00 5s Oct 1.75 1.80 % 1.60 Washington Sub San Dlst— 33*s Wat & Sewer '87.m&n 43*s Sewer g 1973j&j 1073* 2.25 ffso 1.90 2.35 to 3.50 1.85 106 2.50 less Ref 1965 to 2.90 j&j '52-a&o 15,1963 op'53a&015 -f&a 15 0.40 2.20 1.50 43*s to 3.00 5s 1952 opt 1942 5s Oct 15; 1962 op opt *62-_ Basin Levee— 2.40 6 0.50 m&s Montgomery co— 3.10 107 5s 1959-1969 % to 1.40 % to 2.35 % 43*s 1939 1987 1063* to 105 Lafourche to 2.30 Net 5s Water 1939-1987—a&o to 2.90 j&j % Ask m&s 1940 33*s Refunding 1952...j&j 33*s Sewage Impt '80.a&o Cumber'd 43*s w w *41. a&o Hagerstown— to 3.00 j&j to 0.80 45*s 101 to 2.85 Fifth District Levee— 5s 1950 opt 1940 % 58 1972 6 0.60 McPherson -j&j 3 3*s March 1945 Caddo District Levee— 5s 1951 opt 1941 2.25 6 0.75 Water 33*8 Impt 1013* Public Belt Bridge Rev— 4s 1939-1945.-a&o 6 1.00 4Mb Sch 104 to 1.75 6 Charity Hospital at n o— 98 3.85s 1942-1968 f&a Atchafalaya Levee Dist— 5s Sept 1939-1972.—m&s 6 1.00 Baton Rouge—5s '40-*54 m&s 6 1.00 109 Bossier Dist Levee 5s '54-a&o iowa 45*8 m&s 6 2.30 6 2.00 6 99 to State Pension 5s June 1,1948- 6 3.00 Capital Bldg 4?*s Aug 15, '52 6 3.15 2.50 % Dep j'ne 1 '41-j&j Sac Co 25*s 4s 1956-1965 4s 1972-1975 1.75 to 3.25 Bid Bonds Baltimore (Concluded) 48 Regis'd stk 1946-57 m&n 6 1.70 4s 1939-1944 a&o 6 0.25 to 1.25 2.00 2.25 4Mb Sch Pne 15*40 j&d15 4mb 1940-1955 —j&j b 1.25 Indianapolis 8 d— 4s Bldg Sept 1 1946—j&j 3hs July 1 1941 j&j So Bend 4Mb w w '43.m&n 5Hs 1941--m&s South Bend School City— 4Mb Impt 1940-1948-f&a b 2.00 Des Moines b 0.75 4s Jan 1 1942-1956 3 ms Jan 1 1957-1961— 2.50 to 2.10 99 1939-'41-f&a to 1.75 to 2.50 2mb Dec 1, 1939-1958--- Refunding 2mb To or Net to 2.60 0.75 2.25 Granite City 4 ?*s 1939-48 j&d Jackson co 4548 1940-46.j&j La Grange (Village of)— 3s Water rev 1942-68-_m&s Lake Co 5s Road '39-'49-f&a River Forest s d No 90— 4Mb 1939-1944 j&d Rockford 8 d No 205— 2.10s 1944-1958. f&a Rock Island (City of)— Bridge rev 4s 1964 f&a Winnetka (Village) Ask louisiana Short Term Bonds— to 2.35 2.40 0.75 Yield Basis To or Bid Bonds Net to 2.15 2.25 Elgin Sanit i> 5s '39-'44.m&n Evanston s d No 76— 6 1.00 4Kb June 1 1939-1948 Forest Preserve— 4s 1956 opt 1940-1944 4s 1956 opt 1945-1947 4s 1956 opt 1948-1952— Ask date of issue Yield Basis Yield Basis Bonds 95 BONDS possible for the closing day of the month precede, Quotations for all securities are as near as to 1.60 to % i to 2.00 to 2.00 to 1.30 to 1.75 0.15 to 1.20 0.15 to 1.25 0.25 0.25 to 0.15 0.15 0.15 to 1.80 0.15 to to to 1.75 1.40 1.30 to 1.30 1.45 MICHIGAN 5?*s July 15 1941 J&J 15 6 0.75 less 5?*s Oct 15 1941 A&O 15 6 0.75 less 5?*s Highway 1941——J&D 6 0 75 less 5s Highway 1940....—J&D 6 0.50 less 4 3*s Highway 1943 F&A 6 1.15 less 4 ?*s Highway Impt 1944 A&O 6 1.30 less M 4s Highway Impt 1942. _A&O 6 1.00 'less M 1 % STATE 96 AND MUNICIPAL To or Ask Bid Bonds Net Battle J&J 1944-1946 b 1.10 to b 2.00 W W ref 4 Ms 1939-1948 to Creek— b 1.25 to 2.00 b 1.50 1939-40--M&N 4Mb Sewer to 2.50 1940-1949 F&A Bay City— 5Ms w w 1939-1951—MAS b 1.20 *46-'51-'56-A&0 b 2.25 to 3.10 to 3.30 99 to to 1.85 to 1.85 Ed Aid 4 Ms 0.25 to 0.75 1.75 0.25 to 1.80 ...J&J Bldg 1940-1944.F&A 0.25 to 1.15 Refunding 4s 1966 Atlantic City— s Jan 1973-- J&J 6 1.20 to 2.20 less Audubon b 3.05 less b 3.10 less lesslM 3.00 less 1 to less 1 1.00 less 1 3.80 less 1 1.00 to 3.85 1.00 to 3.80 less 0.90 to 3.75 less % Railway— 3 Ms Oct 1939-59 General 3s Oct 1 1959-62. Water 2Mb Oct 1 1939-62.. — to 2.50 6 0.40 to 2.50 3.80 % 1 2.85 % 3s % to 3.75 to 3.90 % b 2.00 to 3.80 % 3.85 b 0.50 b 0.50 to 2.60 to 2.10 b 0.40 to 3.15 b 1.30 b 0.40 b 0.40 b 0.50 to 2.95 0.40 to 2.60 J&J b 0 50 M&S b 2.50 4s 1941-1951-...- 4.00 % 4Mb 1940-1950 4Mb 1940-1950 4Mb 1946 b 1.25 to 2.10 5s 1941 to 3 Mb 1941-1951 b 1.25 to 2.60 6 to 2.30 to 2.30 to 2.35 6 1.00 to 2.10 6 1.50 to 2.60 6 2.25 less M 97 6 4.50 less 1 6 2.25 4Ms S hool June 1 1955 less 1 Saginaw 4Mb 1939-1949._F&A 6 1.00 1.00 4Mb Sewer 1939-1951.J&D Wayne County— % 2.40 % to to to less 1.90 to 2.00 J&J15 b 1.10 1.90% 1.80'% to 1.90 4Mb Dec 31 4Mb Dec 31 6 1.00 1939-40 1939 less 1 M to 1.90 to 2.25 0.90 less 1 Daniels Co 5Ms 1940 ——J&J 6 3.25 6s 1941 opt 1940 J&J 2s Rural Credit ctfs 1942 1.00 less > J&J 1.00 4s 1939-1946 J&J Duluth Ind School DisFr- 1.00 % 1.00 2.30 1 2Mb 1940-1967 2.30s 1939-1947 2Mb 1939-1958 2.20s 1942-1959 M&N 6 0.75 A&O 6 0.50 M&S 6 1.00 M&S 6 0.50 M&N 6 0.40 J&O 6 1.25 to 4Mb to 2.00 1.75 1.80 0.75 to July 1 1951 ...J&J 3.00 less 4Mb W W 1910-1942..A&O 5s School July 1 1951—J&J 5s Gen'limpt 1940-62—J&J 4Mb Sewer July 1 1943.J&J 4Mb 1940-1959 J&J 4s 1940-1961 A&O 0.75 to 1.50 2.75 less 1.00 to St Paul— 6s school to 2.50 to to 2.60 1.25 to 1.25 to 3.25 1.25 to 2.80 to Biloxi 5Mb 1940-1943.-.A&O Callable bonds 97 Non-callable bonds 98 Greenville 5s fund *43-'50 F&A 6 2.50 Jackson—- 6Ms 1940-1954... A&O 4Mb Jan 1 1940-1952... 4MS&939-1952 M&N Jones 06^.1939-1942—.M&N 5s 1939-1954 to to 6 Basis 6 3.40 to 6 1 50 to 3.25 % 3.25 % 1.00 to 165 to 1.25 to 3.00 1.25 to 3.00 1.25 to 1.00 to 2.15 b 0.75 to 2.60 to 3.25 F&A 1.00 Fairview 5s 1944 99 J&J Glen Ridge— 4 Ms Mun Bldg 1939-70 F&A b 1.00 Gloucester City— _ 1939-1966 on % 0.50 0.50 0.60 0.30 0.50 0.50 0.60 0.60 0.90 1.00 1.30 1.85 0.60 5Ms Water 1940-1963-M&S Gloucester Co— 4 Ms Bldg& Rd '39-'45 J&D20 ackensack4M8 1942 F&A 4Mb Imp 1940-1942.-J&J 6s 1940-1954 F&A 3s 1939-1966 M&S % 2.00> 3.100 % to 2.80 % 82 b 0.75 to 2.10 b to 2.10 % % % 2.00 1.00 b 1.50 to b 1.25 to 3.20 b 1.50 3.60 % (Township)— 3 Ms sewer 1939-1978--J&D to 3.50 % 2.50 b"2.5b" to 4.65 % b to 3.35 J&J School 1.00 4s g Park 1954 & '59-M&N b 3.00 2Ms Apr 1 1940-1959-b 0.50 % to 3.10 to 2.80 Hunterdon County— , 4Mb Road & bldg'40-'46J&J b 0.75 to 2.15 V 1.00 to b 3.15 % -3.15 3.00 % to 4.40 b 2.00 to b 2.00 to 4.20 A&O J&D b 2.00 to 4.10 4.35 4.00 3.80 % 98 b 2.00 b 2.00 to 96 b 1.50 to b 98 4Mb Water 1939-70.J&D15 1.25 4Mb Sch impt '39-'52.J&D 1.25 5Ms 1939-1970 J&D 1.25 Linden 2Mb 1939-1956—J&D 1.00 Lodi 5s 1940-1947 J&J 90 Long Branch 5s 1943 M&N Lyndhurst 3-5s 1940-57—J&J b 97 Maplewood (Township)— 4s 1939-1967 —J&D15 b 0.75 , County— 3Ms April 1941 to 98 4.00 % 87 to 3.40 to 1 3.10 to 3.60 to 2.35 80 3.50 to 85 to 2.80 % Middlesex 3 Ms 1946 to 1967 1.20 A&O J&J b 2.00 Middlesex County— 4Mb Road 1940-1944—F&A b 1.00 Imp 3s Nov 15 1939-1948— b 0.75 to 3.85 % to 2.20 & to 2.40 % Monmouth County— 4Mb Mar 15 '40-'50—M&8 b 1.00 4Mb Rd & bdg '39-51F&A15 b 1.25 Montclair 4Mb Sch 1941-A&0 4Mb High sch bldg '44-J&D 6 0.75 2Mb May 16 1939-70 Morris County— 4 Ms 1942 opt 1922 J&J 3 Ms 1939-1949 J&D15 b 0.75~ J&D 4s 1939-1969 M&N 0.40 Neptune 4Mb I940-1955-F&A 0.50 0.50 0.50 0.60 to 2.25 6 0.40 to 2.10 3 Mb ser A July 1939-1966.. 6 0.30 4 Mb series B July 1939-1967 6 0.30 4b seriea O April 19401969. 6 0.50 to 2.10 Construction— 2MaserieB D May 1939-1970 6 0.30 n % to 3.25 to 3.25 % l25. 2.10 to 2". 60 % 0.75 to 2.45 % Morristown— 0.30 0.30 6 0.30 / Flat price, % % Mercer series C July 1939 series D Jan 1940 series E July 1940 series F Jan 1941 series G July 1941. 4s series H July 1942 4s series I July 1943 4Msserles A of '27 July 1944 4s ser B of '27 July 1950 SoldierB Bonus 5s July 1941— bid side. & 83 J&D Refunding 1949 F&A July 1 1939-1953— Gen ref 3Mb '40-'54—F&A 3Mb. 1939-1956 J&D Keansburg 5 Ha 1939-59.M&N Kearney— 0.30 M« 4 Ms 4 Ms 4 Ms 4Mb Institutional % % % 2.75 % b M&S 15 Hospital 1946 (Boro)— July 281939-1960 4s JERSEY bonds— Series B July 1939 series C Jan 1940 Series D July 1940 series E Jan 1941 % % % % 40 t Less M 6 4 to 3.40 % J&J 0.90 J&J Highway Extension— 4Mb O of '20 Jan '53 opt *38 4 Mb D of '20 Jan '54 opt *39 4 Mb E of *20 July '54 opt *39 4 Mb F of '20 Jan '55 opt '40 1.50 4Mb A of '24 Jan '55 opt '40 2.50 4 Ms B of '24 July '55 opt '40 4 Mi Oof *24 July '56 opt '41 3 00 % 4 Mb ser B of '30 July 'fo-'e? 3.50 % 3 Ms ser C of '30 Nov '39-'69 3.75 3.60 to 3.60 to 2.50 to f Less 1 on bid side. 4M> 1940-1960 1.00 4s Road Bonds— % 3.05 % 6 2.80 M&N 6 1.50 % 3". 25 Vazoo-Mlss Delta Levee Dist4Mb July 1949. % 99 M Meridian 5s Dec 1 1939..J&D 4Mb School House 1941 J&J Mississippi Levee District— 5b May 2 1944 M&N 5s July 1 1953— J&J Vick8burg— 5b Pub Imp 1939-1948. F&A NEW Bridge 4Mb 4 Ms 4Mb 4Mb 100 1.50 1.50 to 1.80 % 3.00 % to 3.40 1.50 1.50 to 2.10 6 3s H S 1940-1956 3.00 % 0.50 Impt 1940-1946 M&S May 1 1939-1950—. Impt 1953.J&J Flood 1939-1953...A&O 6 Highway 1950-59—F&A 6 Elizabeth— 2 Ms 1940-1978 M&S 4Mb 1940-1957 A&O 5Ms Dec 1 1939-1946.J&D 6s 1940-1972 J&J Englewood 5s 1940-1944. .A&O Essex County— 3.00 % 4Mb 1939-1967 6 0.80 to Nashua— 1 0.50 1939-1969 —J&D 1940-1960 J&J School 1939-1974—A&O Irvington 5s School 1963.J&D 4Mb 1939-1959 J&D 2.50 Jersey City— 5Ms 1942-1953 2.20 A&O 5s 1939-1969 A&O 2.50 4Mb School 1939-1958.J&D 4Mb School 1945 2.65 % J&J A&O 3 Ms Bridge 1939-1956.F&A 1 0.75 3.00 M&S b 0.50 to 2.70 % M&S 114M 116M 0.50 4s Impt 1939-1951 3.00 % less % Manchester— l 1.75 2.60s 1939-1957...-..J&D M1SSISSIPI 6Ms 4Ms 4Mb 4Mb 3 Ms 4Mb 1939-1945 4Mb 1946-1973 HAMPSHIRE 2Mb Sewer 1939-1956.M&N 4Mb U S D 1939-1965.J&D Keene 4Mb 1939-1942-..M&N to 2.40 0.75 to 3.00 Concord— to 2.15 0.50 4Mb Rd & Bdge *39-'44M&N 4Ms Rd & Bdge *39-'43 J&D to 0.50 to 80 4 Ms Water 1961 2.00 0.50 6 0.50 J&J 4Mb Highway 1939-1943.J&D 3Ms Refunding 1942-1944 J&J 1Mb Highway 1941-1946 M&S NEW to 2.40 to 1 to 2.70 6 0.50 4s July 1939-1948.-- 1.50 1.60 to 2.25 J&J 4Mb 1940-1955 2.00 2.00 1Mb 1944-1948 F&A Ramsey County— 1M Mar 1 1940-1949..M&S 2Mb 1939-19 .7 f&A 4Mb 1939-1950 F&A 93 East Orange— 1940-1954—-J&J Hudson County— 4Mb 1939-1978 M&N15 0.50 0.50 5s 1948 J&D Omaha SD 4Mb Mayl'55M&N York School District— to 2.00 to J&J 4.75 ,?hi&£amden Bridge— 5s to 3.00 4Mb Wat wks Dec 15'41 J&J 4Mb May 1 1956 M&N to 2.35 to M&N 1939-1953 4Mb 1939-1959 1*25 1.90s Oct 1 1939-1946.A&O 6 0.50 1.80s 1939-1943.. F&A 6 0.50 3.75 4Mb School 1940-1951.M&S b Cape May Co 5s 1940 M&S Delaware River Joint Com _ to 2.40 Omaha— 2.75 to 2.75 to 3.85 to Hoboken 4Mb 1940 I McCook Fund 5s '39-'43.F&A North Platte Sch Dist— to A&O 6 0.50 2s 1940-1946 to 3.00 J&J 4s 1944 1968 Hamilton Lincoln School District— — 1940-1966 3.00 % to 2.65 Highway 1939-46..A&0 6 0.50 Holdrege S D 5s 1939-55. J&D 6 0.50 0.90 less 1 6Ma Bridge 1940 M&N 4M8 Sanitorium '39-'42 J&J 6t0.80 to 1,10 % 4Mb Hospital '39-'41_M&N M0.75 to 1.10 % Minneapolis— 6s 1940, 1943,1945.1946, I 1947, '48. '49. *50—J&D 6 1.00 to 2.70 4Mb 1940-1952. A&O 6 1.25 to 2.70 4Mb 1940 A&O 6 0.75 to 1.25 4s 1944 -A&O 6 1.80 less 1 1939-1941 to Beatrice S D 5s 1940-54..F&A 6 0.50 Douglas County— to 1.50 less % 1.00 % % 3.25 to 4.00 5s M&N 6s Bridge 1940 2.60s to 1.50 1.25 NEBRASKA Hennepin County— 3Ms 1.00 4Mb Wat & Sew '39-'50-J& J 6 1.25 to to 4.30 1.50 5s to 2.60 % Duluth— A&O 6 1.00 4.00 1945-1970 to Essex Fells Great Falls— 5Ms 1939-1940 to 4.35 4Mb less 4Mb 1939-1947 to 3.35 3.50 Cape May— % bonds— 1.60 to 3.80 2.75 4s to 2.00 1.40 to 2.50 to 2.90 MONTANA 0.50 1.50 to 3.20 to 1.25 J&J to to to 4Mb Dec 1 1939 J&D 2 M trunk h'way '47-51—M&N 1.85sRuralCreditctfsl941 2.75 to 2.40 1.00 to 4s opt '44, 1940-1953..J&J Highway debentures— to 1.00 2.00 1.50 4s Funding 1.00 1.00 1.00 -M&N b 0.40 1 1.65 3.20 2.90 1.00 1.70 -M&N b 0.40 MINNESOTA to 5s Sewer .-F&A b 2.50 to 3 2.50 6 1.50 to 1.00 1.00 4Mb % % to 1.90% to 1.90 % 3s Refunding 1952 4MB 1942-1949 6 1.50 1.00 2.00 to to 1.75 Public Bldg & Impt— 2.80 2.00 3.75 3.75 3.80 to 2.75 to 2.75 2.00 J&D b 1.50 1939-1958— Camden Co— 4Mb 1939-1970 to 2.75 Voted bonds 3 Ms July 15 1943 to to 2.00 .M&N b 1.80 Covert roads 4Mb Airport April 1 1948— 6 3.10 2.00 % 0.50 -A&O b 1.90 Port Huron 4Mb 1942 4.00 to 2.35 1940-1954—F&A'6 0.30 ..A&OI 99 3.25 to . M&N 6 0.30 Pontlac— Refund 4-4 Ms 1964 opt 1937 % % % to 2.30 to 1.80 to 3.90 to 2.00 to 1940-1957-A&O b 3.00 (Boro)— 5Ms 1939-1961 F&A 4Mb Water '39 to '60-M&N 4Mb 1942-1969 J&J 0.75 J&J 6 0.75 ....J&J 6 1.80 4s 1939-51 3s School 85 2.00 4Mb St Cnarles County to 3.40 54 83 2.50 to 2.70 3 Ms toll bridge series A..July 15 '56 100 St Joseph 4Mb 1940-'45~M&S 6 0.50 3.25 less 1 2.40 Refunding 4Mb Mayl 1951 St Joseph S D 4s 1940 3.30 less l St Louis— 2.00 to 3.25 % 4Mb 1940-1953 F&A'b 0.30 4.00 less M 4Mb 1941-1948 M&Njb 0.75 6 2.00 52 - Camden— to 2.80 J&J b 2.00 to 2.70 J&J b 0.75 J&J b 0.40 J&J b 0.40 J&J 68 66 - 1.00 J&J to 2.75 4.00 % 6 to 0.90 M&S to 2.85 J&J b 2.60 A&O b 2.45 b to 6 0.50 Bloomfield 4 Ms 1939-69J&D15 2Mb School 1940-1969.M&S Bogota 4Mb 1939-1946--J&D Bound Brook 4 Ms *39-'42 J&D Bridge ton (City)— to 3.00 to 6 to A Jan 1940-42 5Mb Dec 15 1939-60.J&D15 5s Dec 15 1939-1955.J&D15 to 3.05 1954-1975. 2Mb 1958-1975 2Mb 1956-1975 Kansas City S D— 2Mb 1945-1955 to 0.90 to 1943 Bayonne 5s 1940-1949 to 2.70 b 2.00 % ser 2.50 1.20 b 0.40 b 2.00 % 3.00 % to 0.90 0.30 4Mb 1939-1955 F&A 4Mb School 1939-1966.F&A Belleville 5s 1939 & '44.M&N Belleville S D 5s '39-'44 M&N Bergen Co— 5Ms Dec 1 1939-1942-J&D to 2.60 b 0.40 3s 1940-1957 1 1.50 2.25 0.50 0.50 6s July 1 1940-1944 5 D 4Mb 1940-1955 .40 b 1.50 4Mb Various May 9 *39-'72 4M8 Jan & July 1942 J&J 4Mb 1940-1955 A&O 4Mb Airport 1939-54..A&0 4s Airport 1939-1971—M&S 3 Ms 1939-1974 J&J 3Ms 1940-1974 F&A 3 Ms 1939-1955 .A&O to 2.75 3.75 — b 4 Ms Bridge to 2.40 6 0.50 J&J J&J 1939-1950 J&J15 1949 _J&D Road 1940 1 952.-J&J Court h'se '40-'52 J&J (School District)— 4 Ms 1943-1948 Kansas City— 2.75 1.00 2.75 to 0.70 Water 3-4 Ms Jan 1973 6 0.40 4 Ms 4Mb 4Mb 4Mb Joplin 1 b 3.15 to 0.50 4b 1939 1951 1 4 Ms-- to 0.70 Atlantic County— J&D Building 1939-1941 4Mb 1940-1950 1 0.70 0.30 b 0.40 Asbury Park (City)— 2£ Jan 1940 Jackson County— 100M 6 4.00 Refunding 2Mb 1951-63 J&J Refunding 3 Mb 1940-50 J&J Refunding 4s 1941-60-M&N Refdg 3Ms 1961-62..M&N Flint 4Mb 1939-1954.M&S 15 5s (Mar 1& Aprl) '39-'50.. Flint Union School Dist— 6s 1939-1954 M&S Grand Rapids— 3Ms Sept 1 1939-1940-M&S 3b Sept 1 1941-1945...M&S Grand Rapids School Dist— 4MB 1939-1943 M&S Highland Park— 4Mb April 15 1957. 5Ms May 1 1941. 4Mb School Nov 1 1954 Jackson 4Mb 1940-47—A&016 4Mb July 15 1955 Jackson Union S D—4Mb 1939-1945 M&N Lansing 4Mb 1939-1946..J&D Muskegon 4Mb 1940-44—J&J Muskegon S D 5s 1942—July 1.70 1.70 1.25 1.70 1.70 to b — A&O Buchanan County— Ret 3s 1943-1956 99 M 99 % Water 4s General & Street to 1.10 b 0.50 1940-1941 1939 to 1941 4Mb Nov 1939 to 1941 3Ms Mar 1940 to 1942 3Mb May 1939 to 1942 1.50 M&N J&J 3s 97 98 4s 4Mb Refunding Water series D— 3 Ms Oct 1 1951-1961 3 Mb Oct 1 1939-1950 3 Ms Oct 1 1948-1950 4s July 1 1939-1947 Street railway 4Ms Refunding 3 Ms 57-'62 J&D Refunding 4s '39-'58--J&D .0 1.00 Net Emergency Relief— 3 Ms Jan 5b May 1 85 .25 M&S .M&S Road 1944-1948 Nov 1 1948 1952 3 Ms 1948-1952 4Ms Road 1939-1942 3s Road 1953-1957 3s 8tate Detroit— General 3 Ms callable (Long) 4MB 4MB 5s non-callable. to Ask Bid 4s Dearborn— 4Sewer Bonds 4s Battle Creek S D— 4 Ms M&S 6 1.75 A&O To or Net N. J. MISSOURI 4Ms Road 194H-1U50 4 Ms J939 4 Ms 1943-1946 4s 1943-1947 2.10 2.10 Ask Bid Yield Basis To or Ann Arbor— 3Ms Issue Yield Basis Yield Basis Bonds BONDS possible for the closing day of the month preceding the date of Quotations for all securities are as near as Nominal % % % to 2.25 % to 2.10 % to 2.20 % 4Mb 1939-1942 b 1.25 to 2.25 b 1.25 to 3.50 1940-1972 M&S b 1.50 5Ms Oct 15 '39 to'59 A&015 b 1.50 J&J b 1.50 4Mb 1939-1983 F&A b 1.50 4Mb School Dec 1 '45--J&D 4s Sch house 1959 opt 1949 4s Pas Val sew'fil op <61J&D 4a 1939-1970 J&D b 1.50 to 4.25 % % 4.75 Newark— 6s 5s 1939-1958- to 4.10 to &T.50 4.00 3.50 ,3.75 to 4". 00 to 3.60 3.60 % 3 Ms Track elev 1954—F&A 2Mb Jan 15 1940-19/6..J&J % % to 4.10 % AND STATE MAY, 1939] 97 MUNICIPAL BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue To or Bid Ask to 3.40 Arlington (Borough) Refunding 4s 78 Bergen ref 4>-4M8 76 Nutley (School District)— 4 ha 1940-1942 -F&A b 1.00 4Ms 1943-1967 F&A b 2.35 5Ms Nov 15 1939 —M&N Ocean City5s 1944 F&A to to Apr 15 1940-1955 A&O 3 Ms Mar 15 '40-'81—M&S 15 2.25 3Kb Mar 15 '40-'81--M&S 15 % 3.15 % 3s g Canal Jan 1 1956 J&J 1.00 3s g Canal July 1 1958 J&J 3s g Canal Jan 1 1959 J&J 98 3s Canal 1957-1959 J&J 4.25 % 3s Mar 25 194C-1987 M&S 1KB 1940-79 A&O 3.50 % Eliminat'n of Grade Crossings 2Kb Dec 8 1940-1987..J&D 1.50 Unemployment Relief— 2Kb July 6 1939-1947..J&J to - 1939-1964.A&0 b 1.25 to Passaic— 4Ms 1940 M&S 5ha General improvement 1939-1951 J&D b 1.50 to 3.90 5s b 1.50 to 3.70 4)4s Water 1939-1970-J&J b 1.00 to 3.00 % to 2.25 % % Impt 1939-1948 M&N Refunding ir44--M&N County— 4Mb 1939-1946 J&J b 1.00 J&D b 1.00 1939-1968 to 3.15 Pater son— 5ha 1939-1959 M&N to 4.00 % A&O 3.10 % to 4.00 % b 1.50 F&A b 3.25 4 Ms Feb 1 1945 4 Ms 1939-1967— Perth Amboy— 4ha April 1944 b 1.25 95 — — 4Kb Water 1940-64—M&S2 6s Feb 1940-1977 F&A 4 ha refdg 1944 & '46—F&A Plainfield 4s School 1959 M&N 4ha 1939-1962 Various.J&J Rahvvay— 4 Ms 1939-1953 J&D Ramsey 5s Water 1939-1940Red Bank (Borough)— 4ha 1939-1953 M&N Ridge wood 4 Ms 1939-62.M&N 5 h& 1939 J&J 4 Ms 1939-1968 M&N 4Kb 4ha 1939-1969 1939-1968 2Kb 1 Kb Emerg 2Kb 2Kb July 6 1939-1962..J&J 6 0.15 Sept 10 '39-46.M&S 10 6 0.15 Unemploym't Relief— Sept 25 '39-'43—-M&S 6 0.20 Sept 25 '44-'45-..M&S 6 1.05 1 Kb Sept 10 1944-1946 6 1.05 Albany County— 2.50 4Kb 1960 M&S 0.40 3Ks Fund 1940-1941. M&N 0.'±0 2Kb refunding 1940-57. J&J Albany (City of)— 0.40 4h 1940-1969 M&N 0.30 0.35 to 91 3h % % % 1 % 2.15 % to 2.30 % to 2.25 0.30 to 1.40 4s 2% 1939-1955 Albany Port District— to 1.95 0.40 to 2.60 b 0.75 to 2.60 M&N Auburn 1.60s 1939-1958.F&A 0.30 to b 1.00 to 3.00 4s 1939-1972 % % Binghamton— 4Ms Oct 1 1939-1971—var. 2s Mar 1 1940 1956 % 1.70 % 0.30 to 2.10 0.40 to 1.70 J&D 15 2.70 to 2.40 _M&N 0.60 to 2.75 A&O 0.50 to 2.85 J&D 3.00 4s 1939-1958 J&J 3.40s Nov 15 '39-'55-_M&N 3.10a Oct 15 1939-46.A&0 0.40 to 2.70 to 98 0.5C to 2.60 0.50 to 2.25 b 1.00 to 2.00 2.60% Relief 1939-45—J&J 0.40 to 2.15 b 1.00 to 3.35 23^s Oct 15 1939-56..A&O 0.50 to 2.40 b 1.00 to 2.85 2.20s Jan 15 1940-1947.J&J 0.50 to 2.20 b 1.00 to 2.90 Sewer Authority— 4s 1940-1964 b 1.00 to 3.00 b 0.75 b 0.75 to 2.60 b 1.50 to b 1.50 to 3.35 b 1.25 to 3.25 1.00 b 1.00 to 3.00 % 75 % % 5 Kb 1944 5s 1940-1950 4Kb 1939-1967 4s June 151960 1.30 to J&D 1.30 to 3.10 % 1.30 to 3.25 % 434s 1940-1959 A&O Corning 5Kb 1960 M&S Cortland Co 4Ms '39-'51_J&J Delaware Co 4.20s '40-'52A&0 Dutchess Co— 4s 1940-1946.— M&S 4s 1947-1954 M&S 3.75 1.25 to 3.20 to 3.20 0.40 to 2.25 East J&J to 2.10 F&A 6 0.40 1940-1958 . Franklin Co 4Kb Free port— to 3.35 % to 4.75 to 3.10 3.10 J&J 6 0.75 1939-1965 J&D b 0.75 Groton 6s Wat '39-'50—M&N b 0.50 Harrison (T)— 2.25 % 2.75 % 101 2.25 % to 2.65 &100M to % 100 2~. 55 120 b 1.00 to 3.60 b 1.00 to 3.80 1940-1967 .J&J b 1.00 1940-1954 M&S b 1.00 Hornell4Hs 1939-1947—F&A b 0.50 Hudson Riv Regulating Dist— 434s 1939-1965 4.70s 1939-1965 Long Beach 4s 1940 h%a 1953 6s 1947 Beach acquisition. 2.10 2 15 2.15 2.10 M&S b 2.15 2.10 Barge Canal 1945 J&J b 1.35 Bonus 1940 1949—_A&O b 0.25 4s Canal Term 1942 J&J b 0.90 4s Canal Term Jan 1946.. J & j b 1.45 1.25 4s Canal Jan 1962. J&J 6 2.10 4s Kigbw Imp Mar 1962 M&S 6 2.10 4s due Sept 1 1965.. 6 2.10 to 1.60 0.75 1.35 1.90 1.90 2.00 2.00 113 114 J&J b 0.40 3 Kb Corp stock July 1 '75.. 3 Kb Corp stock 1939-1954- b 0.40 b 1.10 3 Kb g exempt 1941 M&N b 1.30 3 Kb M&N 3 Ms R T 1948-1950..M&N b 2.60 b 3.00 3 Kb g exempt 1952 M&N b 3.05 3Ms g exempt 1953 M&N 107 M 3 Kb g exempt 1954 M&N 3Ms g Water ex 1954. M&N 107 M 107M 3Hs exempt 1955 M&N 106M 3 Kb stock Apr 1,1954. A&O 107 M 3 Kb Corp stock Mar 1,1960 107M 3 Kb Corp stock Jan 15,1976 3Hs reg Corporate stock 1950-53..M&N.^.OO 3 Kb Corp stock July 1, '75 J, 103 3Ka Aug 1 1939-1978.F&A £ 0.25 3Ms serial 1940-1979..F&A b 0-40 3s Rap Trans 1947-51 -F&AI& 2.25 3s corp stock Jan 1 1977 J&JL 99$ to 3.15 111M to 2.95 0.90 1.10 to 2.75 2.90 2.95 108M 108M 108M 107 M 108M 108 M — 3s Serial 1939-1968 3s serial 1939-1973 2.9G to M 102 M to 2.76 100 b to 2.65 M 0.40 1939-1953 J&D b 0.40 Serial 1940-1946.F&A 2 Ms assessm't 1940-44. J&D b 0.40 Parkway Authority— b 1.00 3M% Rev 1940-'53_A&0 106M 3M% sf Rev 1968-A&O Niagara Falls— 0.75 5 Ms 1941-1948 M&N % % % to99M to 2.70 2 Ms 2 Ms % 101 to 102 J&J|£ 0.40 J$D b 0.40 99 % 100 to 2.00 % % to 1.60 % to 2.75 % 107 M to 1.80 1 I 4.15s Sewer 1965-70-M&N 2.20 to 2.30 4.10% Sewer 1940-1950.J&J 4Ms Wat May 1 '41-48M&N 4M8 Sew '39^*46 reg_M&N 3.95 Nov 1 1961-1970-M&N 3 Ms 1942-1945. M&N 0.40 to 1.90 0.75 to 1.80 0.25 to 1.60 2.20 to 2.30 1.00 to 1.50 0.50 1940-1949 Niagara Falls S D— 4 Ms F&A 6 0.25 1939-1960 No Hempstead S D No 7— 0.50 4MB 1939-1942 .J&D 1.00 2.40s 1941-1967 M&N North Tarrytown— to 2.00 % % to 2.20 % 2s Mar 1 4 Ms Water 1939-64—A&O 4 Ms 1947-1972... J&J Oneida 4s Water '40-'45—J&J 0.50 I to 1.50 to % 2.40 % to 2.70 2.CO to 0.50 to % 3.00 % 1.50 % to 1.70 % 2.10s Feb 1 0.50 to 2.40 0.25 to 2.40 0.25 to 1.80 0.50 Osslning 4Ms 1939-1942.M&S 0.50 4Ms Water 1940-1969.A&O 0.40 Oswego 5 Ms 1939-1946-M&N Oyster Bay Water Dist— 4s 1939-1950... J&J b 0.40 Pelham (T) Un Fr Sch Dist b 1.90 No 1 4.60s 1944-1966 to 1.40 % % % 3.25 % to 3.20 to to 2.60 to % 1.70 % to 2.20 'to 0~.75 to S.O 2.66 % 3.50 93 "~ Qg to 3.80 1.30 % 1940-1968 1.70s 1939-1968J&D Ontario Co 4s '39-*51 —M&N b 0.40 4s School 1939-'59 M&S b 0.40 Port Jervis 4Ms 1940-'69.J&J b 0.60 Port of N Y Authority— Poughkeepsie 4mb '39-52 J&D to 2.80 to I 1 % 1.50 % to 2.30 %- to 3.00 %! to 2.10 to 2.30 to 3.10 Gen & ref 4s May 1, 1975.. Gen & ref 3 Ms Dec 1.1965. 107 M Gen & ref 3 Ms May 1,1976 Gen & ref 3 Ms Aug 15 1977 Gen & ref 3s Dec 15 1976—. 104 103 % % % 105 100 M 101 George Washington Bridge4 Ms Ser B '40 to '53-M&N 105M 106 U 108M 106M 104 107 M Inland Terminal— 4 Ms ser 4Ms ser D '40-'41—M&S b 0.40 110 D '42-'60..M&S to 1.80 % 111 Holland Tunnel— 4Ms ser E '40-'41—-M&S 6 0.35 110M 4Ms ser E '42-'60—M&S Co 4Mb *40-*51.A&0 b 0.50 4s 1940-1954 F&A b 0.50 0.50 1.00 to 3.40 0.50 to 0.50 to 3.15 Monroe Co 4s 1940-44 F&A 3.90s Co Bldg '40-'50—F&A 0.50 to 1.30 Rensselaer County— 0.50 to 2.00 to 2.80 4Ms Highway 1939-58.F&A Rochester 5s '40-'62 F&A 4Ms Pub Imp '39-'58.F&A 4 Ms 1940-1959 M&S 4s Imp Sch &c '40-'47_J&J 2 Ms 1940-1957 M&S 1 Ms 1939-1940 ..A&O 1.70s 1940-1948 F&A _.J&J to 3.80 1.30 1Kb Jan 15 1940-1942.J&J b 0.50 Mount Vernon— to 1.20 4Kb 1940-1943 A&O b 0.50 534s 1940-1941 A&O b 0.50 4Kb School 1962-73.-M&N b 3.00 4s Sewerage 1950-55.-M&N b 2.25 2ha 1939 to 1956 M&S b 0.50 to 2.25 3s 1939 to 1946 Nassau County— 6sl939-1943— to 1.50 to 3.40 to 2.75 Putnam M&S b 0.50 to 2.30 to 1 .80 A&O b 0.50 J&D b 0.50 to 1 .90 to 0.60 % 111H 2.50 to to 2.50 % to 2.60 to 2.20 b 0.30 to 2.10 b 0.30 b 0.40 % to 1.60 % % % 2.10 % 0.50 % 1.65 % to 2.10 b 0.25 to b 0.25 to b 0.40 to Rockland Co— M&N b 0.50 b 0.50 b 0.30 4Kb 1939-1945 M&S b 0.40 J&J b 2.00 J&J b 0.75 to 3 .00 Rockville Centre (V)— 4.15s 1939-1952 J&D b 0.50 Rome 4.10s 1939-1950—M&N b 0.50 1.80s 1939-1945 M&N b 0.50 to 8 .00 to 2 .35 to 2 .05 to 1.50 % Rye & Har'son Un Fr S D No 6 1 &A b 0.75 July 1 1941-1945.J&J b 1.20 4Kb 1940-1944 2.00 4s 1939-1917... 2.00 3Kb 1944-1961— 3s July 1 1940-1964 2.00 3s 2.00 3.40s 2Kb 2 Ms 2.40s 2.00 113 M&N 110M exempt 1942. % 113M 113M Middleport 4.35s '39-'42_J&D MineoJa (V) 4.40s 1939-68 J&J 2.00 2.00 122 to 3.20 to 94 0.50 imi 111 M&N 4s May 1959 4s serial 1939-1963 % Q-.45 118M 119M 119k 121M to 2.00 90 _ 125 K 123 to 2.20 to 0.75 94 124 to 3.05 0.25 4Kb 1940-1954 Jamestown— 0.50 120 M 128M 111^ 112M 112M 121M 122M 123M 117 M 116M May 1957.M&N 1958 % 120 K M&N 1956 1 I 123 M 123 0.25 % A&O to 2.20 0.50 % % 4s Mar 20 1943.. Nov to 3.15 3.70s 1939-1951 A&O Ref 1.90s 1940-1957—F&A to 2.30 4Kb 1940 A&O 15 Lackawanna 4 Kb '39-'54M&N Various to 3.25 Onondaga Co, 4 Ms '39-47A&0 % % 2.00 % to 3.00 J&J b 0.50 1.00 % % to 2.65 to 2.00 M&N 4s Nov 1955 4s to 1.10 to 3.60 to 3.25 to 3.00 3.90s 1940-1964 to 2.30 to 2.00 J&J b 0.50 Mamaroneck UnFSD No 1— 5ha May 1 '39-'52—_M&N 1.45 to 2.20 J&J b 0.50 Mamaroneck(T)4 K s'39-64J& J 2.15 to 2.25 Huntington (T) 4s '40-'52_J&J b 0.75 Islip 4s 1940-1951 M&S b 0.50 Ithaca 4)48 Water 1942—J&J 70 1.35 to 3.10 % % % % % 1— 100 to to 1.80 to 2.75 96 0.25 % to 3.60 1940-1980. 64 YORK to 2.30 F&A b 1.00 4Mb 100 b 2.75 % 2.75 % to 2.50 % Hempstead (THMs'40-59 A&O b 0.50 Hempstead 4Ms 1939-65 M&S b 0.5J 6s b 2.25 to 2.90 0.50 4.40s 1 00 % 1-00 % b 2.75 b 3.00 % Greenburgn (T)— 2.30s b 2.00 % 1.35 to 1940—M&S 4.20s 1939-1945 M&NI6 0.50 4.20ssever 1946-1960.M&N;6 1.90 4Kb 1939-1951 M&N|6 0.50 4.40s 1939-1950 M&NI6 0.50 Garden City 434s 1939-52.J&J,6 0.25 Hempstead Un F S D No b 2.00 to 2.90 Greenburgh U S Sch Dist No 9 NEW MEXICO 4s Canal Imp Jan 1961 J&J 6 2.10 4s Canal Imp July 1961 __J&J 6 2.10 4s Hi/ii;hw Imp Mar 1961 M&S 6 2.10 4s Palisade Park 1961—.M&S 6 2.10 2.15 % to 4.50 b 1.50 4s g High Imp Mar 1958.M&S b 2.00 4s g High Imp Sept 1958.M&S 6 2.00 4s High Imp Mar I960-- M&S 6 2.10 4s Canal Imp July 1960—J&J 6 2.10 1.55 % to to 2.60 6 2.75 2.20 to 1.80 4s 1945-1953 M&S 6 2.80 2.90 March 1. 1940-1947.. 6 0.60 Essex Co 4s 1939-1956—-M&S 6 0.30 to 4.50 J&J 0.40 to 2.40 b 2 50 M&S J&J % 2.50 % 2.20 % 2.15 % Chester— 4s 1939-1951 114 to 434s Water 1939-1945-A&0 6 0.30 Erie County— 4Kb 1939-1959 J&D 6 0.40 to 3.00 99 to 434s to 99 3.15 % Elmira— b 1.00 5Ms 4hs 354s SKa to 0.40 to 4.00 6-1.00 6s Highway 2.75 0.30 Net 122M 123 M 124M 118M 117 M 112M 3s corp stock Feb 1 1979 to 2.85 1.30 b 2.40 2.70 % % % % % % % % % % 3 Kb ser F 1940-64. -M&N Columbia County— to 2.00 b 1.25 b 0.75 b 0.75 % % Buffalo— 3Kb 1940-1964 b 1.00 b 1.75 % % % 121 Feb 15, '41-'66.F&A15 Feb 15,1976...F&A15 Nov 15,1978—M&N15 Mar 1, 1981 M&S 4s Oct 1,1980 A&O 4s May, 1977 M&N 4s Various to 2.40 _ Rap Tr & Wat '74 J&D 0.30 J&D M&N to 2.20 b 1.50 4Kb 4Kb 4Kb 4Kb 4Kb % % to 2.20 % to 2.20 to 2.00 Westfield— % to 1.00 1.55 3Ka 1941-1951 opt'40. A&O 100 h 3 Ms 1940-1979 J&J b 1.50 to 3.65 % / Fiat price. % 2.30 0.30 Weehawken— b Basis to 1.15 0.40 Union Township Sch Dist— 4Kb 1939-1968 J&J b 2.50 Ventnor City refunding 4-5 K» 91 Vineland (Boro)— 5 Kb 1940-1950 M&S b 1.50 Highway 1963 Canal 1964 Canal 1965 Highway 1965 to 0.95 to 1.25 M&S M&N % Trenton— 4hs 4Kb 4Kb 4KB 4Kb 4Kb to 1.90 to 1.25 3.30 % to 2.00 % to 4ha School 5s Jan & Mar 1 1940-1945— 5s Jan & Mar 1946-1970 to 1.35 to 2.85 Summit— NEW 125 b 1.25 I 1940 J&J Highway 1940 J&J Dec 16 1952 opt '22.J&D H'w'y deb '46-'47..M&N H'w'y deb '48-'49—M&N 3s Jan 1 & July 1 1949-1952... 254s H wny deb 1944-45-M&S 2hs 1946-1951 J&D 2ha H'way debs 1951-52.A&O 254s H'way debs 1953-54. A&O Albuquerque— 5s Water Works 1962..J&D 4hs 1939-1950--. J&J 454s 1939-1950 J&J Middle Rio Grande Conser Dist 5ha 1939-1973— F&A Socorro Co 6s 1941 op '21.A&O 125 to . M&S 1939-1971 2Ms 1939-1945 2Kb 1945-1953 2 Ks 1940-1978... M&N b O.50 — b 1.00 to 2.60 5s June 15 1939-1960—J&D 4)481940-1966 A&O West New York— 4ha Oct 1 1939-1968—A&O 6- School 1939-1961—M&N West Orange Gen ref 3 54s 1940-1959 A&O 6 0.15 J&D to 2.40 2.80s Gen Impt B June 1 1950-1965 125 % 4s Munic & Sch '40-'63_J&J b 0.75 5M« 1940-1951 A&O 5a School 1940-1955—-A&O 4ha 1940-1966 F&A 4KB 1940-1960 F&A 4s City Hall 1939 J&D 2Kb gen fd & ref '40-68 F&A Union City 4Kb 1939-'64.J&D Union County— 4Kb Oct 15 1939-1952 4Ka Rd&Bdge'40-'47.F&A 4s Oct 1 1942 A&O 125 % 4K 1939-1970 J&J b 0.75 1941 F&A 4Ms Imp & sch *39-'60_J&D Sussex Co 4K s'39-'44—M&S 4s Impt 1939-1955—.M&N Tenafiy 454s 1940-1963.F&A to 2.15 to 2.00 to 97 2.85 J&D J&J M&S J&D J&D ... 6 0.20 to 95 4ha 1939-1973—A&O 6 3.00 South Orange— 4b 1939 to 1944 6s 1940-1962 to 2.20 to 1.85 b Sea Isle City 5s 1942——F&A Somerset County— 4Ka 1939-1949 4ha 1939-1952 4Kb 1939-1944 M&N b 0.5u 4Kb 1945-1965 M&N2.10 4Ms 1939-1963 M&N b 0.50 2Kb 1939-1947 M&N ^ 0.50 New York City— 122M 4Kb June 1965 J&D 122 4Kb 1963 M&S 119M 4Kb May, 1957 M&N 4Kb Nov 1957 M&N 119 K 4Kb Dec 1, 1979 J&D 127 M 123 4Kb Corp stock 1967.-J&J 124M 4Ms Corp stk 1971 —J&D 15 b 0.30 4Kb July 1, 1939 to 1955— 122 4Kb Jan 1, 1977 J&J 4Kb Sch & Var 1939—J&D 4Kb I960 M&S "U7M 4Kb Mar 1, 1962 M&S 117 K 4Kb Mar 1, 1964 M&S 118M 118M 4Kb April 1,1966.—A&O 120M 4Kb Apr 15,1972...A&015 to 1.85 to 2.10 b 4.50 93 1~60 5s 1939-1950 to 123M 6 0.25 6 0-20 b 4.50 _ South Jersey Port District Marine Terminal— 0.25 0.25 0.25 0.25 123M 123 M 123M Ask New Rochelle— General State Improvement— 2?90 4 ha 4 ha 2.00 t — —— 4s - 101 4Kb Impt May 15 1939-'56. 6100 Ocean Co 4Mb 193S-50.J&D b 3.00 M&S M&S 6 6 6 6 4sBldgconstr 1939 4s Bldg constr'40-'49 79 Newburgh— J. 4s Wat Impt 1942-1963.J&J £ 1-10 4Kb Wat Impt 1939-41.J&J b u.50 2.00 Highw 83 Bid Bonds 2.00 Imp Mar '67—M&S 6 2.10 4s Palisades Park 1967—M&S 6 2.10 4s To or Net 2,00 1 1966—6 2.10 Imp Jan 1967—J&J 6 2.10 Is Canal to 3.40 North Passaic Ask 4s due Jan to 3.30 North Orange— 4 ha Sewer To or Bid Bonds Net New Brunswick— 4Kb 1939-1957 F&A b 1.25 4 Ms Sch & wat '39-'69.J&D b 1.25 4 Ms 1939-1967 J&D b 1.25 Yield Basis Yield Basis Yield Basis Bonds 1940-1950 1946-1956— 1940-1957———F&A May 11939-48—M&N b 2.10 to 2 .20 to 2 .70 0.75 .to 2 .75 0.50 'to 2 .30 4.40s 1939-1953 F&A b 0.50 Saratoga Co 5s 1940 F&A 4Ms 1939-1955 M&S b 0.35 4s Sept 1 1945-1954—M&S b 0.75 to 2.40 to % 2.30 % to 1.60 to 2.80 % or o'.so to 2*25 to 2.25 % % 98 STATE Quotations for all securities are as AND MUNICIPAL near as possible for the Yield Basis Saratoga Springs— 4 Ms Park 1940A&O Scarsdale 4 Ms 1939-45--J&D Schenectady— 4s 0.50 to 1.75 to 0.80 % to 1.75 % % 1939-1948 J&D 1940-1960 A&O b 0.25 1939-1944.-A&O b 0.40 A&O 6.0.40 M&S b 0.40 M&S b 0.35 2MB 1939-1955 1939-1950 1939-1950 to 2.25 % to 1.50 % to 2.00 % to 2.00 to 1.80 % % Schenectady County— 1942-1958 4Ms J&J 5s Dec 15 1939-1948 b 1.25 to 2.30 b 0.50 to 2.00 Solvay 4 Ms 1939-1940.--F&A b 4Ms'39-'53.M&N b 1.00 b 1.00 to Somers (T) Southampton— 5s „ Suffolk County— b 0.50 b 0.40 to 2.00 b 0.50 to 2.00 % b 0.50 b 0.50 to 2.60 % to 1.75 % % % % % % % % % % % 0.50 to 2.50 F&A 0.40 to 1.90 ——J&J15 0.25 to 2.20 J&J15 0.25 to 2.40 M&S 0.50 to 2.20 M&S 0.50 to 2.00 2.10% Aug 15 1946-1947—lMs 1939-1948 F&A lMs 1940-1946— M&S 1.60 0.30 to 1.70 0.50 to 1.50 4s 1939-1946 3 Ms 1939-1951 3s 1939-1971 1940-1957 2s 1940-1956 Thousand Isl'dse to 1.70 J&J 4Ms Sewer 1939-1953.-J&J 5s Water 1939-1950-—J&J 5 Ms Water 1939-1950--J&J Union Free Sch f s to 4.00 M&N b 1.00 4s serial A&O 1977 revenue revenue 111 to 1942-'68— b 1.40 Troy— _ A&O —A&O J&D J&J 6s 1939-1940 reg 4Ms 1940-1950 4MB 1939-1970 4 Ms 1939-1965 Utica— 2.80 to 1.0o]% to b 0.50 to b 0.40 to 2.50 to to to 1.75 % to 2.00 to 2.60 %'" to 2.60 % 99 4Ms Bridge Rev '67-M&S Westchester County— 5s 1939-1976 -J&D 6 0.50 4Ms San Sow '40 '82—J&J 6 0.50 4M8 Parkway 1962-86.J&D 6 2.75 0.75 4Mb Co Bldg 1940-44.-A&O 100m 4MB '44, '45, '56 & '69 J&D 2.70 0.50 6 2.00 2Ms Sept 1 1943-49 Wolcott 4Ms Jly 15'39-'42J&J 1.00 Yonkers— 6s Feb 1 1940-1952....A&O 1.00 to 1940-1958 F&A 3 Ms 1943-61 .J&D 3.30s April 1 1940-1956 3.10s Oct 1 1939-1964 2Ms gen & ref July 1 '43-'46 1.00 1.00 2.25 1.00 1.00 2.25 % 3.70,% 3.70 % J&J 6 2.50 J&J 6 0.75 A&O 6 0.75 A&O 6 0.75 A&O 6 0.75 A&O 6 1.65 J&J 6 0.75 J&J 6102M .— 4r 1910-1908 3 Ms 1940-45 % to 2.75 % 2MB 1946-47-48— 2Ms 1940-1948 2s 1948-1949 Ashevillo— l-4s gen ref July 1 1976.._. Buncombe County— l~4s gen ref July 1 1976 Charlotte— 5 Ms 193 9-1948 4Mb 1940-1970 4Ms 1940-1979.. 3 Ms 1940-1959 1960-1977 3s 2Ms 1941-66 to 2.70 to 2.50 to to to % 1.60 % 1.85 % 1.80 % 101M 35M 37 35M 36m M&N 6 0.75 M&N 6 0.75 M&N F&A F&A .—M&N % to 2.50 % to 6 0.75 6 0.75 to % 2.90 % 2.95 % 5s Sewer 1953 6s Water 1944-1959 4s 4Mb Dec 5 1939-1942..J&D 6 to 1.00 1.25 5-Ms 1941 M&S 5 Ms Imp Feb '46-l51—F&A b 1.75 5s July 1 1965 J&J 4 Ms July 1943 J&J 4 Ms Sewer 1955 4s 1939-1956 OREGON % % % 2 Ms to 3.25 % to2~.66 „ A&O M&S 4s Bridge 1945-1955—J&D 5s Road 1939 M&N % 1.30 1.90 1.00 to 1.90 1.00 to 1.85 to 2.10 0.40 to 100 % % 2.00 1.25 to 3.15 1.51) 1.00 2.50 to 2.85 2.30 to 2.75 0.75 to 0.50 * to 2.20 to 0.50 to 2.30 1.00 to 2.85 1.25 to 1.50 1.00 to 2.70 1.00 to 3.25 b 0.50 to 2.65 J&J ? 0.50 to 2.75 b 1.00 to 2.75 to 3.10 1.50 to 3.05 PENNSYLVANIA % 1.5) to 1.5) to 3.00 % 3.00 % 2.7o % 1.50 to 3.00 2.25 to 2.80 1.50 to % % 3s 1939-1963 A&O b 1.50 to 3.00 % 2Ms 1939-1951 2 Ms 1939-1951 M&S b 1.50 M&S b 1.50 to 2.75 %. Cleveland to 2.70 % Heights S D— 6s 1939-1959 Columbus— A&O b 1.00 6s 1940-1957 4 Ms 1940-1953 M&S b 1.00 F&A b 1.00 4Ms 1939-1955 s-a...-F&A b l.oo 2 Ms 1940-1959.. F&A b 1.00 to 3.30 % to 2.75 % to 2.30 to 2.30 to % % 2.30 % 1M % Tax anticipa'n notes— Series "DT" May 31 1939. 5s July 1 1951 Series O..J&J 4Ms Dec 1 1951 opt '37-.J&D 4MB 1939, 1944, 1949 J&J 4s Highway Apr.l 1940, 1942, 1945, 1947. 1950, 1952 3Ms Turnpike Revenue— 1947-1968 F&A Allegheny County— 4 Ms 1940-1962 A&O 4 Ms July 1939-1958 J&J 4s Bridge 1942 F&A 4s 1940-1958 M&S 2Ms Dec 1 1939-1965..J&D 2M Apr 1 Columbus S D— 5s 1943-1952 J&D 19 b 1.75 to 2.40 1939 W A&O Imp 1945 to 2.90 b 2.00 to 2.80 % to 2.25 % b 2.00 to 2.25 4Ms water 1939-1952..A&O Martin's Fy 5s 1939-'44_M&S Miami Conservancy Dist 5 Ms (1 to 5 yr mat'y)__J&D 5 Mb (5 to 10 yr mat'y)-J&D are 6 1.25 &100M 95 m to 3.00 to 2.50 &100 to 2.45 5101 1.60 % to 2.45 to 2.50 to 2.45 F&A 5 0.90 to Par J&D 5 Par I to 2.35 Braddock 4M» '39-*41—M&N 5 100 Cambria Co 4Mb Nov 1 *39-'45 5 101 2.10 to 2.10 Dol River Jt Comm 57.00" to to to to J&D2 b 1.50 to F&A 1961 2.00 4Mb Sept 1 '67 opt *41 Easton 2 Ms Water works— 106 I00 114m M&S 5 0.85 F&A 5 0.80 1940-1966 % 1.75 % 4 Ms 1940-1960 Erie 3 D— 5 1.50 4Mb Jan 1 1940-1946 Fayette County— 4 Ms Highway 1952-.-J&D Harrisburg— 4s May 15 1939-1953 6 Par 1.60 Jeanette4Ms 1940-1956.M&S 5 1.70 2~.66 % Lacakwanna Co 4s 1944. F&A 0.75 Lancaster Co 4 Ms *40-'60F&A 1.60 2.40 Lancaster S D 4s May 1945— 2.20 2". 00 % Lower Merlon Twp 4s 1945— Par 3.25 % McK'p't S D 4 Ms N39-43 M&N Par Mercer Co 5 Ms '39-'47—F&A 3.50 2?50 Norristown 8 D 4Mb 1943-J&J 1.75 % Philadelphia— 5s Jan 1951 -J&J 112 b 1.50 to 3.00 b 1.50 to 2.50 b 0.50 to b 1.50 to 58 June 1 1962 opt 5s June 1 1982 opt % % 4 Ms 1.50 % 2.25 % taxable, all bonds issued prior to that date to 2.80 Phila-Camden— to 2.60 to to 2.65 Bridge Easton-Phlllipsburg 4 Ms, % % % to~2~.85 Mahoning Val San Dist— 1939-1940 to 2.10 91 2.00 J&J b 1.00 1939-1946 to 3.75 4 Ms b 0.75 4 Ms Water 1940-1960-M&S 5101m to 3.50 Bethlehem School Dist— 5 1.20 to 2.05 4s 1940-45-50 2.25 % F&A 4Mb gen imp 1939-43 A&O b 1.00 East Liverpool 4s 1940—..J&J Elyria 4Ms 1939-1952...M&S 57.00 W 101 Altoona— Z° Cleveland— W 132 to 2.10 J&D 5 0.90 4 Ms Sewer 1939-59 2.00 62.00 b 2.00 4Ms Bdge 1939-1951..M&S 5 7.00 to 2 .75 4Ms 1939-1940 M&S b 1.00 to 1.60 4 Ms 1941-1961 M&S b 1.75 to 2.50 Dayton School Dist— 5 Ms 1941 M&S 5s Mar 16 1940-1946.M&S10 SY.so" to 2".95 5s 130 b Par Allentown— 4Mb 1939-1944 A&O 4Ms 1939-1943 A&O 4Ms Road 1939-1941..A&0 4s 1939-1941 A&O Dayton— 5 Ms WW Imp 1944 J&D 5s W 100 100M 1940-1967.-A&O 5100 2 Ms 1939-1968 2 Ms 1940-1961 % Cuyahoga County— bonds issued since Jan. 1, 1913, & to 3.60 > to 3.75 % 3.50,% % % 101 ' 5s Sewer Feb 1 1940-'51 F&A b 2.00 Lucas Go 4s O H 1944 M&S vg yo 45 M&N 4s Water 1939-1955 4s Water 1939-1958 % 2.10 % J&D 6 2.50 3.20 1 to 1.75 £ £ 5s Harb Dev 1939-50-M&N & 4Ms Dock 1943 M&N & 4 Ms Oct 1939-47 A&Ojb 4Ms 1939-1960 M&Nj? % to 2.00 J&D 6 1.25 to 3.55 39 2.00 4s Water 1940-1959—F&A 1.00 1.00 4Mb Grad Cros'39-'54.A&0,^ 4Ms Fire Dep '40-*55--A&o!6 4Mb 1939-1950 ...M&S 6 4s Sewage 1939-1958._M&S b 3 ms 1939-1949 A&O b 3 Ms 1939-1956 _A&0 b 3 Ms 1944-1953 M&S b 6 1.25 J&J 6,3-30 2.50, to 1.50 to 1.25 . Multnomah Co 3 D No. 1 4Ms July 15 1939—J&J15 £ 0.75 4s July 15 '40-'45_— J&J15 & 1.00 Portland— to 2.00 1.00 4Ms Oct 1945 A&O 5s Pa-k & Imp *39-*41.A&0 57.25 Lima 5Ms Sewer 1939-1947— b 2.00 to 2.80 J&J M&Si& 4 Ms Bridge 1939-1944. J&D 4Mb 1949-1956 F&A % 2.25 Lakewood— to 2.65 Ref 1-5% 1967 Eugene 5s 1942 Multnomah Co— 1.25 to 2.10 to 2.00 to Astoria— 2.75 4Mb 1943 F&A 4Ms Sewer Oct 1 1939-'47_. 2.05 2.25 May 15 1939-1940.—— £ 0.75 2.50 3 Ms May 15 1941-1945.. ? 1.50 3 .60 % 4Ms H'way '40-'49 (s-a).A&0 b 0.75 48 Highway 1939-1942..A&O 2.00 % ^ 0.50 4s Highway 1939-1941.. A&O b 0.50 % 2.75 Fostoria 5s W W 1940—M&S 6 1.00 to 2.90 2.00 2.50 to 2.25 4.40s 1956 Cincinnati— 2.55 6 3.50 Ohio municipal to 1.75 5 Ms July 1946 F&A 5 Ms Wat & Pk '40-'49-F&A 5s 1910-1947 F&A Hamilton County— Refg 3 Mb 1957-1962.. J&J Greenville 5s W W *58.-F&A 6 3.65 1.00 2.25 to 2.50 A&O F&A Water Works 1954 * A&O 6 2.50 Canton School Dist— 5s 1954..... J&J F&A 4Ms 1940-1963 4MB 1940-1965 to 2.50 Tulsa— 2.75 to 2.75 4Mb 1939-1951 J&D Forsyth Co 4Mb '39-'68_J&D 6 0.75 1 00 1.00 1.00 M&S to 2.75 to 1.25 to Canton— to 6 0.75 to 2.75 to 2.25 1.00 to 6 2.65 Durham County— Greensboro— 5s Water 1942 3.30 3.25 % 6 3.75 6 1.00 0.75 0.75 to 1.90 to 2.15 1.00 Ms 1940-1953 J&J County Highway 4 Ms 1939-46 A&O Okmulgee 5s Mar 15 1943 1.00 Durham— 4MB 1939-1966 J&J 5s Water 1940 to 1945.J&J to 1.75 5 D 4 Ashland 5Ms 1939-1944.A&O East to 2.40 to % Oklahoma to % 3.20;% to 2.40 1.00 1940-1947..-M&S 4M8 Water Works 1941 J&J 5s Water 2.00 2.00 to 3.30 CAROLINA 5s July 1961 4Mb 1940-1962 4Mb 1940-1968 % % to 2.00 4 Ms Aviation 1940-53.J&J b 1.00 Oklahoma City— DAKOTA Sewage Dis 1939-65-M&N 5s NORTH due June 30 1940 to 1946— b 0.50 2Ms June 30. 1940-1948... b 0.40 b 1.95 2s June 30, 1949-1954 100M Allen Co 5 Ms 1940-1950-A&0 3.30,% to 3.70 to to 2.60 to 2.75 to 4.0) to 3.75 % to 3.25 % to to 2.75 to 3.05 to 4.0 ) % 3.00 % 2.60 % 2.75 % to 3.00 to 2.50 1.50 5s 1939-1944 M&S Zanesville—5s City Hall & Market 1939 M&S Zanesville S D 5s *39-*43.A&0 b 1.00 % % Funding 1M% to 2M% to 4.0) 2.40 0.50 to 4s 2.95 3.0) 0.50 1.00 A&O 0-75 2.40 J&J J&J 6102 to 5s W W 1939-1968 3.90s 1939-1961 to 3.00 2. l0 to to 3.25 to 2.60 0.75 3.0) to 3.25 4Mb July 1 1939-'62___A&O 4Mb Mar 1 1940-'56—-A&O 0.75 Cleveland— 5 Ms 1940-1970 0.50 5s 1939-1958 3Ms Sept 1 1939-1962..... Sept 1 1939 to 1956.. 2Ms Sept 1 1939 to 19762s Sept 1 1939-63 M&S 1 Ms Wat. wks. *40-79 M&S Cincinnati (School Dist)— 3Ms 1940 opt 1912...A&O 1.80 1.00 1.00 1.00 to 2.00 OKLAHOMA M&S M&N 15 ..J&J Sept 1939-1947 2 Ms to 1.50 1.50 to 3.00 A&O A&O __A&0 4s Water Works 1942.A&0 % % 0.75 5Ms Jan 1940-1961 —.A&O 2.85 % 4Ms 1939-1947 4Ms 1939-1952 4Mb 1939-1956 to 1.80 % 4Mb 1940 1959 (reg)..M&S 2.25 A&O to 3.05 1.50 0.85 4s Co Bldg 1940-59...M&S 4s June 1 1959-1964—-J&D F&A 38 % 3.60 3.10 4 Ms 1939-1956 A&O Youngstown— 6s Bdge 1939-41 A&O 4 Ms 1939-1957. A&O Youngstown School Dist— 4Ks 1944-1947 M&S 100M 36 % 4.75 % to 3.59 % Thousand Islands— 1940-1954 to 3.20 % to 3.10 % 3.35 to 3.60 96 M to to 3.75 % to 2.60 to 2.00 J&J 1.00 1.00 F&A 6 1.00 1939-1953 Toledo School Dist— 4 Ms 193 9-1959 3.25 % to 2b30 to 1.35 2s 1939-1951 White Plains— to 3.20 3.0) % 0.25 3Ms 1939-1951 ——J&D 3 Ms 1952-1980 J&D 3Ms 1939-1951 J&D 3 Ms 1952-1963 J&D to 3.10 3.10 5 Ms 1940 1951 J&J 5s Water 1939-1953...A&O % % 1.85 % 1.90 % 1.70 % 0.25 1939-1946 to 3.10 1.50 A&O OHIO (See footnote *) Akron 6s 1939-1940 A&O to 1.60 to J&J J&J 1.50s 1.50 3.25 2.60,% 0.25 5s 1939-1945 M&S 4Ms Nov 1 1939-1953. 4s Park July 1 1942 J&J 3.10 2.30,% Oct 6 1.00 _ 4 Ms to 3.35 3.30 % J&J J&J 1942 1939-1953 to 3.15 to 3.25 3.25 3.25 Water town— 4 Ms 1.50 3.10 M&N1 1955—J&J 6 3.40 4s Warsaw Union Fr S D No 10— 4MB 2.50 to 3.80 J&J 6 3.40 Fargo 4s Aug 15 1939-1954— 6 2.00 Grand Forks— b 0.60 0.30 Imp '39-'45_J&J15 4.20s 1940-1949 F&A 0.50 4.15s 1940-1950 M&N 0.30 4.10s 1940-1946 A&O 0.30 3.90s 1940-1948 F&A 0.50 3 Ms May 15 '39-'51--M&N 0.30 Revenue 2.75s 1940-66 A&O 0.80 Rev 2.60s 1967-1969-A&0 6100 to Warren Co 4Mb 1940-'50_F&A 6 0.50 5Ms highway 1940-'53_F&A 6 0.60 1939-1942 to 2.25 4 Ms July 1951 & 4 Ms Jan 1957.. 6 0.50 4 Ms Pub 4 Ms to 2.00 Winston-Salem— 112 to % % 1.00 Muskogee— Dist— 2.80s 1939-1958 to 2.75 1.50 5s Farm L'n 1940-45&'50 J&J 6 2.50 5 Ms 1945 & 1948 ser C._.J&J 6 3.30 Trlborough Bridge— 4s to 2.60 1.00 1.25 M&N J&J NORTH to 3.90 b 2.00 1.00 A&O 2.75 1.25 3s refunding 1956-68 to 3.25 b 2.00 % Toledo— to 3.25 b 2.00 % to 3.00 5s W W 1939-1944 F&A 6s Pub Wharf I960.—M&S 5s Sewer 1949 M&S 4 Ms 1939-1954 M&S15 Wilmington— 5s Ref & Impt 1955 A&O 6 3.00 4Ms 1939-1962— A&O 6 0.75 4 Ms Pub Imp 1940-60.J&J 0.75 4 Ms % to 1.75 Summit Co— 2.75 Refunding 1M% 1937-1942 2% 1943-47, 2M% '48-*52 3% 1953-57 and 4% 1958 5s to 2.00 M&S 3.65 1972. Net Ask 4s 1940-1955 M&S Springf'd S D 5s 1939...J&J2 3.40 3.75 4s refunding 1948-56 b 2.00 5s Flood Emerg '39-*42 J&D 1.50 Newark 4 Ms 1940-1941..A&O 1.00 Portsmouth City S D— 4 Ms 1940-1950 J&J b 1.50 Springfield— 4Ms 1940-1949 to 4.10 to to 3.50 3s 1955-1970 to 3.20 4 Ms 1940-1942 3.40 3.75 F&A 6 3.40 Rutherford Co 5s '39-'52..J&J 6 98M Salisbury 6s 1939-1941 ..M&N 6101M Transylvania County- to 2.80 Tonawanda (City of)— 3 Ms sewage 1940-69—J&J b 1.25 95 4M 1939-1940 1951-1956 4Ms 1939-1973 6 0.50 J&J to 3.00 4 Ms 1940-1947 4 Ms 1948-1959 See' Watert own'' Ticonderoga S D No 5— 4Ms July 1939-1958 100 % Randolph County— to 2.10 % % to 2.20 % 96 J&J 1946-1950 3 Ms „ to 2.25 to M&S Fund June 1959 4s b 0.40 b 0.40 to 3.40 M&N 6 2.85 Raleigh— 5s Impt June 1 1944—J&D 4Ms 1939-1967 A&O, 3.00 % „ 2.20% 5s Bid Bonds Montgomery County— 1.00 Mecklenburg Co— 6s Ref Nov 1950 Pitt County— 4 Ms 1943-1947. To or Net 99 4Mb 1940-1950 A&O 6 1.50 Lincoln Co— 5s Bridge 1940-1951 ...F&A 6 1.25 ^ 4MB 1939-1957 A&O 3 Ms 1939-1951 ---F&A 2 14b High & ref 1940-57 M&S 2.20s June 1 1939-1962 J&D Sullivan Co 4Ms '40-'45-A&0 Syracuse— 5Ms 1939-1960 M&S €MS 1940-1944 M&N 4.20s Doc 15 '39-71 J&D 15 Ask Bid Guilford County— 4Mb 1939-1957 M&N, b HDh Point 4Mb 1940-48.J&J 6 5s Wat Serv 1939-1968 J&D 6 Iredell Co 5s Aug 1 '42.F&A; 6 _ M&N 1940 1971 1.00 Bonds % % to 1.50 % to 3.00 % - Yield Basis To or Net b 0.25 Oct 15 2.20s 1.80s Ask b 0.40 b 0.25 5s Dec 15 1939-1941 4.30s 4.15s Yield Basis To or Bid Bonds BONDS closing day of the month preceding the date of issue , are May 1948 4Ms Nov 1 1948 tax-exempt, '52.J&D *52.J&D J&J J&J b Basis. to 2.35 to 2.30 to 2.40 % 3.20 to 2.20 % to 2.85 2?30 to 2" 40 1.50 2.00 to .6.UU liU 2.00 I I Vo to 2.30 % 2.10 113M 113 113M nir 107 M 109 107M 109M / Flat price 1 possible for the closing day of the month preceding the date of issue Quotations for all securities are as near as To or Philadelphia (Concluded)— 4Hs 1976 opt 1946 .... 4Ha Dec 17 1978 J&J 48 July 1939 J&J 4s July 1942 J&J 4s Jan 1 1946 J&J 4s Feb 16 1955 J&J 4s Nov 1 1966 J&J 4s July 26 1972 J&J 3^8 July 1 1986 opt 1956Phlladelphia School Dlst— 4Hs 1939-1943 J&J 4Hs 1941 1959 M&N 4 Ha Apr 15 x940-58_A&015 4s 1939-1942 J&J 48 1939-1956. J&D Operating Revenue— 1 %s Apr & Oct 1939-1941 Pittsburgh— 4Hs 1939-1950 J&D 2Hs Sch Dist 1939-62.A&O 24s July 1 1939-1956.-J&J 2 Ha Feb 1 1940-1958.F&A Public Works Relief— _ Ask 102 104 105 102 106 H 100 5s H 2.60 to 3.55 7o 1.25 to 3.55 to 2.75 1.00 to 6 1.00 % to b to 5 Ha Dec 1.25 2.35 1.15 to 2.60 to 1.70 % Vo V 1.00 to 1.10 0.50 to 1.10 1*4% June 1 1939-1943.-J&D b 1.50 3% Public Wks 1951-56.M&S, 4s Oharit Inst 1965 M&S ft 2.25 2.30 4s June 1 1977 J&D to 2.00 2.15 2.20 % % % % % Cranston—• J&J b 1.00 & to 3.00 % 0.75 to 3.10 % 1.25 % to to 2.10 0.60 to 1.25 2.30 4ks May 1939-1942._M&N 4s May 15 1948 M&N 3 Ha g High sch 1954.J&D 1.00 0.60 b Newport— 5Hs June 1 1939-1953 3s Sept 1 to 2.35 WPA School 3.25 J&Djft % % 2.20 % 2.20 % 0.50 to 2.45 % 2.25'% 2.50 2.35'% J&D|ft 2.75 2.60 % 2.75 0.50 2.60,% to 2.30 —J&D 1.20 to F&A 0.50 to 2.25 0.50 to 2.10 J&J 6 1.40 to 2.60 A&0,ft J&D ft 2.25 1.50 M&N to 3.75 1.00 J&D % to 3.50 2.10 % 2.60 to 3.50 1.00 to 3.35 1.00 -1959. _A&0 4s Funding 1947 A&O 2.40 1.00 5s Funded 1940 to 3.00 3.35 2.75 % % % % % % % 1.00 to 3.10 J&J 1.00 to 3.00 1.50 1940-55 3Hs State Highway— Utfs of indebt 1940-49-J&D ft 1.50 % 2.60 % 4Ha Sept 1939-1952—M&N 4Hs 1939-1957J&J 4Hs Impt 1940-55(s-a)-J&J 4Hs 1942-1947 Houston S D 5s Feb 1952 1.70 % 2.30 % Carter County— 5s funding Jan to 2.75 1.50 to % % 2.75 % 3.90 6 1.50 H® Highway 1940-43_F&A 104 Charleiton—-4H® Jau '42-J&J ft 1.50 3Hs Wat Wones'40-78A&O 95 '32—July 1 2.50 *39.J&J 6 3.00 - 2.25 0.50 77 106 to 3.00 100 Clarendon Oo— 6s May 15 '39-'AO..ll&m5 ft 2.00 Columbia 5s Ref 1941—M&S ft 2.50 to 2.50 ft 2.25 to 2.50 „ 4H» Water 1945 J&J Greenville—5s St 1942—J&J 3 H« water ref 1939-76 M&N Greenville Oo 4H« '40-'55-J&J 4 Ha Highw 1940-1945-F&A Greater Greenville Sewer Dlst 2.10 80 4.60 to 4.25 % 2.00 to 3.60 1940-1948 J&J 6 1.00 to 3.10 % Knoxville— 4Hs Jan 1 19584Ha Jan 1 19585s Jan 1 1958 6s Jan 1 1958 General Obligation 4Hs General Obligation 4HsGeneral Obligation 5s Funding 5 Ha Sept 1950 Water 4 Hs— 4s Funding 1952-1962.A&O Electric System Revenue— 3Hs 1941-1954 J&J 3Hs 1955-1958 J&J Madison County— 4H% Highway '40 '49 J&D 101 102 102 103 103 104 103 104 100 101H 101H Refunding i Refunding ; Refunding t Refunding 103 . 103 ft 3.50 6 0.50 to 2.75 2.50 2.25 4Hs Water 1939-1962..J&J 6 1949 J&J ft 4Ha Park 1959 A&O,6 4 Ha 1939-1955 J&D ft to 2.60 to 2.50 3.20 % % M&N ft 0.50 J&J 6 0.50 M&S 6 0.50 0.60 3s % 1.80 2.15 0.75 to 2.10 to 2.20 2.40 2.75 2.60 1.00 4H% Jail 1940-1951-M&S Smith County— 5 Ha Fdg 1940-1958—J&J 6 1.00 to 3.50 6 1.50 to 2.25 4 Ha Water 1940-1965-J&J 6 1.50 6 1.75 6s Sept 1 1939 6 3.25 6s Nov 1 1943 to 3.30 6 1.50 to 3.00 Sumter Oo 5s 1940-1952--J&J 6 1.75 York Oo 4 Ha 1940-1950—J&J ft 1.75 to 3.00 4Hs 1954-1958 Beaumont— 6s Water Works 1954-M&S to 2.00 to 1.00 2?50 to 4.00 Norfolk— 3s Jan 1 3.75 % to 0.75 % 3.00 % to 2.50 % % 3.10 5s 1940-1965 A&O ft 1.25 4Hs 1939-1970 4s 1942 opt 1922 3 Ha 1940-1952 J&J ft 1.00 J&D 100 to A&O 6 1.00 A&O 6 3.10 to3~40 5H« Impt Apr 10 1956-1965 6 3.25 Corpus Christ! 5s fd '67-F&A 101 to 3.75 to 3.40 % to to 2.60 6 2.50 1940 5Hsl951 4Hs 1939-1954 98 to 2.80 6 0.50 less 3.40 % % 3.60 % Brazoria Co— % Water 1948 Richmond-— 5s 1 1 to 2.50 less 1 to 2.40 to 3-00 101 4Hs 1940-1972 6% Water May 1952 5% Port Terminal May '52Petersburg 4Ha 1952 A&O 3.60 to less 1 less 1940-1950 J&J 0.50 4Hs June 1 1957 J&D 6 2.65 Lynchburg— 4s Pub Impt 1940-1959.J&J 0.50 Newport News— 4Hs 1940-1958 F&A 6 1.00 to 2.75 to 3.50 6 3.00 6 3.00 5s — J&J ftO 50 J&J ft 0.50 J&J ft 0.50 J&J ft 2.50 2.15 1962 5s 1982 opt 1942. M&S 5s Water Impt 1958 J&J Danville— 4Hs July 1 1939-1950--J&J Fairfax Co 4 Ha 1945—F&A2 Henrico County— Portsmouth— Abilene 5s Feb 15 1959-196596 Amarillo4Hs *40-'58-M&S 15 ft 1.00 2.60 to 2.25 1939-1973 School Tipton County— 4 Ha Road July 2 '39-'58J&J 6 1.50 to 2.35 'to Charlottesville— to 2.75 2.80 1953-1977 to 2.50 to 2.75 2.90 4 Ha 1939-1953 to 1.80 % to 2.75 A&O 1.50 0.60 % 6 0.50 A&O ft 1.85 J15 & D 15 6 0.50 !to 2.85 % Arlington Co 5Hs '40-'54 F&A ft 0.50 to 3.15 Bristol 5Ha Sch 1940-53-J&J 6 2.00 to 4.25 2.75 3.00 to 1.80 ft 0.75 Alexandria— F&A 6 3.00 Austin— 6s 1939-1942 4 Hs 1940-1961 ft 0.50 to 2.50 Robertson County— 4 Ha Road 1948 Shelby County— 1957 6 0.40 to 2.75 4.40 % 4s Courthouse ft 0.40 2Ha Refunding 1947-'60..J&J b 1.25 lHs Refunding 1939-'46—J&J 6 0.50 Albemarle Co 5s 1948 .J&J J&Djft 4.75 M&S ft 0.80 VIRGINIA 4s (Commonwealth) Nash vllle— 4Ha 1939-1968 4 Ha 1939-1967 4 Ha 1940-1948. 5Hs April 1 1941 J&J 4 Hs Road 1939 J&J 4Ha July 1 1939 J&J Ogden 4H% 1939-1945-F&A Salt Lake City— 5s Refunding 1941 J&J 4s Ref 1940-1945 A&O 2.60 % 2.80 0.50 M&S ft 0.50 TEXAS / Flat price, 19 and 4s Refunding 1942-1951 J&J 6 2.00 Burlington— 4Hs City Hall 1940-55. J&D 6 1.25 Rutland (School Debt)— 4s 1910-1948 F&A 6 1.25 2.50 to 2.25 to 3.00 ft Basis. pages STATES—See Brattleboro— ft 1.50 Less l.on bid side, 3.40 97 VERMONT 6 3.30 1940-1948-F&A * to 95 4% to4H% due 1969 3Ha 1939-48 .—....J&D 6 0.80 4 Ha Oct 1 1939-1949 A&O ft 0.70 ft 2.75 J&J 4 Ha Water 4s 3.25 3.30 to 2.90 to 3.00 to 2.00 May 1 1949 M&N 6 1.95 5%-2H% Refund'58-M&N ft 2.25 Salt Lake Co 4Hs Apr 1 1942 ft 1.00 6 2.00 ft 2.70 Spartanb'g Co 4Hs'40-'47M&S to 2 .70 to 3.25 4s to 2.90 1940-1941 Spartanburg— to 6 3.60 6 4.00 6 1.00 4«s to 3.25 107 5% Fdg Jan 1 1954 J&J 6 4.00 Whit© County— 5H% Highway 1955-M&S 6 3.85 5s Highway Marlon Oo— 6 0.75 ft 0.75 Ref 1946-1965 Salt Lake City S D— 105 105 River Term '40 '48.A&O ft 0.50 Memphis 5s July 1954 Kershaw Oo— 3.85 to 3.25 to 1.50 4s Washington County— 3.80 to ft 0.75 3.00% 96 5Ha Impt 1939-1946-J&D 93 County—• 4Ha Bridge May 1 *61 M&N 6 3.30 to 3.00 M&N -F&A 6 0.75 UTAH Ref to 3.10 1939-1948—J&D 2Ha sewer 1949-1958.J&D 3.75 % ft 1.25 Jackson— 1.25 1967 % to ft 0.50 ft 0.50 UNITED 2.15 sewer to 2.50 % to 3.15 4 He & to 2.50 % ft 2.00 3.70 % 2.75 % 3.90 3.00 6 1.00 ft 1.50 3s to to 2.25 1.00 Wichita Falls— ft 2.25 ft to 6 1.25 Waco— 2.00 to 2.40 5« Aud Mkt U'se 1949-M&S to 2.60 b 0.50 b % % 2.60 % 2.65 % to 2.50 5s Water Works 1942—J&J 6 1.50 4Hs Water 1939-1968-J&J ft 1.00 4.00 Polk Co 5s 1939-1946 Co— % 3.75 % to 2.40 ft 0.50 4Hs 1939-1951 J&D ft 0.75 Palestine 5s Sch Aug 1 1939, 6 1.75 1944, '49. '54, '59,'64 5Hs W W 1939-1965.M&N 5s Sept 1939-1959 M&S 5s St Impt Dist No 2 1943— 4Hs 1940-1967 J&J 4 Ha 1939-1968 F&A 3s July 1 1939-1951 J&J to 1.75 to 2.75 4Hs Apr 10 '40-'56_A&010 ft 0.50 5s 1940-1970 3.90 4 Ha High Sch 1940 J&Jjft 1.25 4 Ha Hospital '40-'56—J&jlft 0.50 1.00 to San Antonio— 4Hs Highway 1947---J&J ft 5% Co Memorial'39-'50J&J ft Dyer Co ref 3H-4Hs 1965 Fayette County— I 4 Ha Road 1958 J&J 6 Gibson County— 4 Hs, 1910-1958 6 Hamilton County 4H% Refunding 1957-A&O 6 5% Bridge 1944 6 5s 1.50 Port Arthur— 98 6 4.10 ft 4.10 M&S 6 4.20 Hospital 1954 Cocke County— 4 Ha Road 1947 opt Davidson County— 96 90 92 1 1959..J&J 5 Hs road Chattanooga— 4Hs School 1956 A&O 4 Hs Memorial Aud '52M&N % % 0.50 % 1.80 % to 2.75 % 2.60 % to 2.65 6 2.75 to 1.75 2.50 — ^ 1 E25 to 3.25 Harris Co— A&O ft 0.50 5s March 1940-1960-—M&8 6 0.50 5s Memorial Sq '39-50-M&3j& 0.50 J&J 52 opt to 3.25 Houston— 6s 1910-1942 2Hs Highway Oct i '45-'54 Aiken Co 4 Ha 1940-1945-F&A Cheraw 5« 3.40 to 1.75 % 1.75 % % to 3.00 % State ctfs of indebtedness 4 % to 3.20 to 1940-1954.-M&S b 0.75 A&O ft 0.75 Grimes County— 5Hs Road 1940-54.A&O 10 6 1.25 2.25 % Montgomery Oo—5s Cumber¬ land River Bdge 1953-.F&A ft 3.25 CAROLINA 4Hsctfs indebt 1939-53-J&D Anderson to 2.90 to ft 2.40 1.90 4s 1939-1954 1940-1952 % 3.10 3.25 % % 3.25 % ft 2.00 J&D — 2.30 Loan— J&D 4Hs June 1939-1957—J&D 3s Jan 1 6 2.00 Knox 2.50 4Hs 1939-1967 Refunding 2.20 % 2.60 3.15 % A&Oift -M&N2 ft — 4Hs 1939-1967 J&D 4Hs Funding 1944. —M&N 3Hs 1.90 % 6 2.30 to 2.95 3.40 1.75'% 4s lnstitu'1 1939-1959 J&D to 2.75 3.30 Woonsockot— SOUTH H Johnson City— J&J ft 2.00 4 H I funding 1941 6s Fund 1939-1961 less 6 2.15 1946 3.00 % 3.05 % . 3s 1946-1965 to 5s School 6 1.50 1.00 4 Hs -J&J ...J&D '' M&N ^ I, 2ks 1940-1957 2s May 1 1939-1958 95 1.00 0.80 2.10 Pawtueket— 4Hs 1939-1959 4s Jan 1 1945 4s Oct 1 1954 4s May 2 1957 4s Water 1962 4s Oct 1 1964 4s 1939-1950 3s 1944-1951 to 3.20 — TENNESSEE 5s Providence— 60 90 5s W W purch 1950—A&O ft 3.00 5s Impt Aug 1 1948 F&A 4Hs 1940-1960 A&O ft 1.00 2.75 5s 1951.. A&O 0.75 5s 1939-1959J&D 0.75 4Hs 1940-1971 F&A 1.00 4Hs 1940-1964 F&A 4s Refunding 1941 J&J Ind Sch D 4s ^O-^-.F&A b 0.75 3Hs Nov 11939-1967-M&N ft 0.75 98 65 4Hs bridge 1944-1945 M&S b 1950. 4Hs Sewer 1952 4Ha S hool 1954 94 to 2.70 to 2.40 Paso— Fort Worth— 103 80 6s July 1 1943 6s April 15 1946-1947 ISLAND 4 Ha % % %' " % 4s 1940-1955.- 1940-1945—J&J b 1.65 1940-1943...-F&A b 1.00 4 Ha Mar 15 '40-73-M&S15 5s 1940-1942— A&O to 2.65 4Hs 1940-1967 4Ha Dec 1 1939 4 Ha Impt - ttl „ J&D 1 1940 2*Aa 1947-1948.--. 3Hs Sept 1 1944 3Ha Sept 1 1945 3Hs 1948 3.90s Sept 1 1955-1958 J&J 48 1 940-1966 _ less 1 to 2.90 2.80 to 2.75 to 2 25 2 Hs 1939-1957. 1.00 less 1 to 3.10 to 2.75 to J&J ft 0.50 2Hs voted 1939-1958.-F&A ftO 50 Dallas Oo 4Hs Apr 10 1951.. ft 2.25 School Galveston— 5s Grade Raising 1944.A&0 % % 2.35 % Wilkos-Barre— RHODE to 2.60 6 0.75 ft 0 75 1939-1951.—J&J ft 1.80 4s to 2.30 4Hs 1940-1956 --J&J 3% opt rev 1939-48.-M&N 1% Relief 1942-1943 __ 1939 1970 4H 1939-1945 less H 1.00 to 2.25 Scranton 4 Ha '39-'4l—F&A 5a 1939-1950 F&A Scranton School District—■ York 4Ha Co— 4Hs fund, 1939-'47-M&N15 Perkins Co refunding 3-4s Stanley Co refunding 4Hs 2.25!% b 0.50 b Par J&J 1940 6 2.50 Rural Credit 1942—J&J 6 2.15 4Hs Rural Credit— Due May 1 1943-,50-M&N 6 2.80 Ref 4s Aug 1 '43-*49. —F&A 6 2.30 3 Hs ,g43 to 1946- — -F&A 6 2.30 102 3s Feb 1 1947 F&A 75 Corson Co 5s fd 1939-'47 M&N Jackson 6 0.75 Nst 5s 1940-1956 b 0.50 2Hs 1939-1963 J&D Reading 5s Ixnpt 1943-49.J&J 4Ks J&J15 1940— ^ School District— Schuylkill Oouuty— 4Ha 1939-1955... 6 1.50 6 1.50 M&N M&N M&N 1939-1960 4 Ha to 1.50 Sioux Falls S D— J&D 1953 % % 3.50j% to 2.00 —J&D J&J15 4 Hs to 2.95 1.00 M&S 5Hs Jan 16 1943 108 H 104 101H 1.05 Jan 16 Ask P alias b 1.00 6 1.50 *39-'40—A&O — To or Bid Bonds Net DAKOTA Rural Credit 5s 6s Sept 1941 5s June 1 1939 107 Ask 5s 105H 106 M 100 102 To or Bid Bonds Net SOUTH 104 H 105 Yield Basis Yield Basis Yield Basis Bid Bonds 4H% 99 STATE AND MUNICIPAL BONDS MAY, 19C9] ft 1.00 to 3.50 6 2.80 less 1 ft 2.75 less 1 6 3.15 less 1 F&A 6 3 .30 less 1 ...J&J 6 1.00 J&D 6 3.15 less 1 6 2.15 less 1 6 2.20 less 1 107 6 2.20 less 1 ft 0.75 to 1.75 , 4Ha 1958 J&J 4 Ha July 1 1964 J&J 4 Ha July 1 1941 J&J 4 Hs July 1 1965 J&J 2Hs 1939-1953 J&J Roanoke— 2Ha Water 1940-1968.A&O 2 Ha Jan 1 1940-1958..J&J 4 Ha 1939-1956 Staunton 5a 1939-1958..M&S Tazewell Co 5s 1940-46..J&J Washington County— 5s school 1940-1949 J&J to 3.25 6 0.25 to 2.40 6 0.50 to 2.40 % ft 0.50 to2.50;% to3.00j% 6 0.50 6 0.75 to 2.50 6 0.75 to 102 t Optional to Jan. 1, 1938. at 105; 1943 at 104- 1948 at 103; 1953 at 102. and 1958 at 100. % % 2.75 % STATE AND MUNICIPAL BONDS 100 Quotations for all securities are as near as possible for the closing day of the To or Bid Bonds WASHINGTON 68 Gen Fund 1939-1940—J&J 4M% Gen oblig 1939-1943 i&J 4% Gen oblig 1948-50 3M% Gen oblig 1950-51 8 M% Gen oblig 1951-52 Toll Bridge Authority— Revenue 4s 1968 J&D Clark Co 5 Ms '52 opt '33 A&O Refunding 6s 1953—M&N _ Everett— 4 His Gen oblig wat.1939-59 Revenue Bonds— 5s Water ref 1939-45 3 Ms Water ref 1939 Pie ce 2.90 to 2.80 2.00 to 2.80 0.50 to 2.90 1.00 to 3.00 0,50 to 2.00 ft 1.50 to ft 2.00 6 1.50 w to 2.00 6 0.75 1.00 1.75 to 3.00 ref-—1940-42 1.00 1.00 to 0.50 0.50 to 3.20 1.00 to 3.15 P.—A&O 5Hs L & P 1939-1943-M&N 5s Light & Pow 1942-56A&O 4h Lt & Pr 1939-'68—M&N Emergency Funding opt, '44 4 Ms 1941-1959 M&S oblig 4 Ms 1939—A&O 4Mb 1941-1955 A&O 4Mb 1939-1957 A&O Gen Munic Lt & Power Rev— to 3.00 1.25 100 M %' 6 2.25 2.10 100 M 6^0.50 to ¥.75 %" to 2.90 % WISCONSIN 6 2.60 to 2.80 ft 1.75 1939-1954-J&J to 3.10 % Eau Claire 4 Ms 1939-1944. J&J 6 0.50 Green Bay— 5Ms G O 2.00 1939..M&N 1939-1951-J&D ft 1.25 to3.10 % 4Ms 1940-1947 sewer 1.00 1.00 3.00 to 2.20 ft 0.35 J&J ft 0.35 ft 2.10 to 1.10 to 4.40 4s 1940-1950— 4s July 1948-1952—....J&J to 3.00 to 4.40 3 Ms 1951 and 1952 3 Ms 1943-1952 J&J J&J M&S 2Ms Sept 1. 1946-1960-M&S 0.75 1.50 to 3.15 to 3.15 4.25 to 4.50 1.75 to 4.30 3.00 3 Ms 1943-1953 A&O 1.90 3 Ms 1939-1954—A&O Seattle School Dist No 1— 4s 1946-1950 M&N ft 2.70 L % 1.10 to 2.15 to 1.70 0.50 0.35 2.10 to 2.05 % to 98 J to 1.9 1.40 J&D 1.85 lMs Road 1950-1951—J&D 1.40% July 1, 1939 J&J Charleston 4 Ms *41 opt *27 J&J 100M 2Ms 1940-1958— J&D 6 0.75 2Ms 1958-1972 J&D ft 2.25 _ A&O to 2.20 2s Road 1939-1963 to 2.00 1 1 2 Ms Nov 11939-1962—.M&N 2 Ms May 1 1944-1962 to 3.25 0.75 to 2.00 0.40 1.80 3s Sept 1, 1939-1946 2.50 to 1.80 ft 1.80 - to 2.00 1.50 ft 0.50 5s Highway 1939-1946—J&J 4Mb 1945-1954 J&J 4 Ms 1939-1943 J&J to 4.15 to 4.15 to 2.10 to A&O to 6 0.50 6 1.00 6s W W 1939-1960—M&N Madison— 4 Ms 1939-1949 J&D 6 0.50 Milwaukee—5s 1939-'40.-J&J 6 0.50 4Mb 1939-1945— J&J 6 0.50 4s 1939-1944 J&J 6 0.50 Milwaukee County— 4 Ms Ct H'se '39-'50 M&N 15 6 0.50 4Ms Sew Mar 12 1940-1945. 6 0.50 4Mscourth'se '39-49 J&D16 6 0.50 Racine—4 Ms 1939-'57—M&N 6 1.00 6s 1939-1941 F&A 6 1.00 Racine Co 5s 1940 .J&J 6 1.25 WEST VIRGINIA M&N 4 Ms 1949-1968 4s 1939-1953 to 2.90 6 0.50 5s Wat'Wks 1939-1952.J&J 6 0.25 Yakima— to 2.30 County— 6s 1940-1941 L & ft 0.50 to 2.65 to 2.50 4 Ms ref wat 5s Wat rev M&S J&J Net Wheeling— 2.25 3.00 4 ha 1939-1944 Port of Seattle 5s '39-'55 4 His Jan 1940-1955 Seattle— Ask to 2.50 3.00 to 1939-1950 Bid Charleston SD5s 1939-1952 J&J Clarksburg 5sl939-1953.A&0 Clarksbg S D 5s *41 ep '21M&S Hancock County—5s Grant Road Dist *46 opt '32.M&N Huntington 5s 1944 Oct Mercer Co 5s *44 op '24 A&O 15 Morgantown 5s 1939-1948.J&J to 2.70 0.50 To or Bonds Net Ask Walla Walla— to 2.75 1939-49.M&N M&N Ka\ .^Bridge Yield Basis To or Bid Bonds Net Spokane— 4 Ms Park 1962 ..J&J 4s & 4 Ms ref 1939-51—J&J 3Ms Ref 1943-1954—J&J 0.50 to 1.00 4 Ms 1940-1954 0.50 to 1.00 M&S 2.30 to 2.60 5Ms 1940-1953 J&J 5s Imp Mar 1 1940-1942.__ 2.30 to 2.60 2.30 to 2.60 Spokane Water Revenue— 4Ms-4Ms 1939-1941—A&O 99 M Tacoma—Revenues— 3.40 4Mb Water '39-'43 (s-a)J&J 4 Ms EIL&P '42-'46(s-a)J&J 3.50 to 3.25 % 4MsEIL&P'39-51(s-a A&O 4s Water 1944-1946 1.75 to 3.40 J&J 1.00 2 Ms Water 4 ha Ask month preceaing the date of issue Yield. Basis Yield Basis 1939-1950 J&J 6 1.00 Superior 4 Ms Sch *39-'44.J&J 6 1.00 4 Ms | 1.60 to 1.75 to 3.25 to 2.00 to 0.75 to 1.50 to 1.40 to 2.00 to 1.60 to 1.90 to 3.25 to 2.50 to 2.50 to 3.0C to 3.50 WYOMING 0?25 6 1.00 0.75 J&J 6 0.75 to 2.00 4s Road 1951 opt 1941...A& to 2.40 to %" Natrona 5s 9 Co S D No 2— 1939-1944 _ ft Basis. to|3.00 Flat price. Quotations are as near as possible for the closing day of the month preceding the date of issue. Surplus Par Capital Reserve 3,000,000 15,420,899 10 7,500,000 15,600,499 10 15,000,000 20,386,975 5,159,548 25 3,000,000 16,777,037 20,016,996 5,357,42c 5,561,485 10 Agricultural (Watet'n) Allemannia Fire (Pgh) 10 1,200,000 2,385,004 1,492,496 10 3,<mo,'>oo 3,466,435 1,923,319 5 Amer Cas (Read'g.Pa) 5 Amer Equitable (N Y) Amer Fire (Wash'ton) 100 10 Amer Home Fire(N Y) Amer Insur (Newark) 2M 10 Amer ReinBur (N Y). 10 Amer Reserve (N Y). 10 Amer States (Ind'nap) 25 Amer Surety (N Y)__ 10 Automobile Ins Hartf) 500,000 1,000,oou 550,000 1,425,908 3,396,613 4,681,385 75,899 881,417 12,083,301 1,194,528 2,564,981 918,486 5,866,118 9,101,043 2,398,081 3,246,998 4,589,103 Amer Alliance (N Y). Baltimore Amer (Bit) 2M 25 Bankers & Shipp (NY) 100 Boston (Boston) Buffalo Ins Co (Buff) 100 5 OamdenFirefCamden) Carolina Bid. Per Aetna Casualty & Sur Aetna Insur (Hartf).. Aetna Life (Hartford) N.O.) - City of NewYork(NY) Colonial Life (Jersey 200,000 375,943 1,272,601 1,000,000 3,343,740 10,857,420 2,000,000 4,547,339 1,317,678 1,000,000 353,581 300,000 7,500.000 5,200,522 7,875,522 5,000,000 1,973,048 1,500,000 1,000,000 2,159,517 3,000,000 10,934,125 1,000,000 2,332,123 2,000,000 4,112,115 2,411,373 5,246,165 (Boston) 5 10 100 10 (Wilmington, Del). 10 10 Fire Assoc of Phila 10 Fireman's (Wash'ton) Firemans Fund (S F)_ Fire mens Ins (Newark) 20 Franklin Fire (Phila). General Reinsurance. 5 25 5 27 28 M 70M 18M 20 M 9k 21 6M ~"8M 500,000 950,596 722,209 400,000 1,500,000 503,712 $16,135,536 1,478,210 2,073,653 900,000 690,326 $18,279,790 2,000,000 3,000,000 950,969 $40,626,515 7,027,579 $205394054 637,530 1,0U0,000 1,750,000 5,000,000 815,000 1,500,000 755,095 4,000,000 2,400,000 3,750,000 1,000,000 2,000,000 300,000 7,500,000 9.397,690 3,000,000 1,000,000 500,000 1,000,000 49 M 30 M 29 M 5M 86 593 375 19M 24M 2 21M 150 25 M 1.381.316 $20,156,811 35 405 37 9,112,384 19,726,149 971,660 " 3,043,075 381,277 2,372,349 6,420,674 15,466,927 3,609,991 8,654,847 259,259 12,691,358 13,456,785 6,503,077 1,476,491 11.829,959 2,000,000 12,500,000 3,028,627 8,522,631 5,218,589 4.120,384 400,000 830,272 1,125,062 25 1,000,000 1,207,177 1,605,556 8 1,000,000 593,194 750,000 1,000,000 5,000,000 21,206,488 4,000,000 8,066,984 200,000 231,858 1,100,000 5,590,574 1,393,574 929,761 14,795,011 6,452,915 96,715 7,096,478 3 117 5 Merchants 9M 2M AH 4 Vs 32 3*4* 56 59 41 44 *30" 5 10 (Providence). '"»i rue (JLiai ui/. Nat'l Liberty (NY).. Nat'l Union (Wash).. (Wash Nat Union Fire (Pitts) 26 3 22 M 165 26 M 10 2 5 20 24 M 54 6M 16 32M 48 50 32 8M 7M 37 h 39M 116M 118M 30M 31 32 62 M 28 81 Jk 27 36M nl* 27 56 123" Cas 2 1,000,000 4.000,000 6,119,385 12 1,000.000 1,929,254 1,526,968 29 h 10 3,000,000 8,322,928 5 1,000,000 2,433.796 4,548,721 2,322,932 42 M 15 M 1 N'eastern (Hartford) 5 North River Ins ti\ Y 2M Northern Ins Co(NY, 12 M Northwest Fire & Mar 1,500,000 1,922,983 2,0 0,000 13,802,274 1,000,000 5,315,714 2,236,556 5,831,894 4,794.244 3M 24 587,679 13M 31M 23 (Manchester, N H) 10 1,000,000 25 (Milwaukee) 2,000,000 5,493,222 5,355,079 1,000,000 2,481,657 823,786 1,000,000 728,959 $18,299,023 1,000,000 2,970,904 3,364,167 1,000,000 1,006,536 $33,088,084 400,000 231,918 1,050,988 700,000 213,507 $12,301,598 1,000,000 516,344 1,231,495 6,000,000 38,807,872 8,582,885 Occidental Ins (8 F)_ Old Line Life (Milw) Pacific Fire (NY).. Pan-Amer Lire (N 0)_ Peerless Casualty.... 25 Phila Life (Phila).... Phila Nat Ins (Phila). Phoenix Ins (Hartf).. 10 1.011,481 87 44M 16 M $ 90 "84" 10 28 M 39 3,239,138 2,698,700 10 11M 1,628,929 19 M 22 M 63 66 1,000,000 4,201,288 8,150,000 24,838,632 10 2,000,000 1,694,093 10 4,000,000 5,704,764 10 12,000,000 52,819,019 4,195,948 13,287,978 1,020,427 4,968,102 32,935,971 10 10 10 5 10 10 123 M 128 M 24 26 M 10M 11M 116M 15M 10M 10 h 113 15 2 Accident (New York) Providence - lV* 14 M 70 k 72 M 19 M Preferred 5 1,000,000 2,916,924 1,856.649 17 H 10 3,000,000 1,530,000 1,000,000 2,000,000 1,000,000 1,000,000 5.989.911 4,925,656 1,871,071 3.093.912 1.356,309 596,816 4,528,774 302,479 30M 1,000,000 1,866,405 4,000,000 23,912,397 814,309 1,000,000 1,000,000 1,000,000 2,000,000 3.839,180 831,574 9,594.343 669,168 855,000 4,012,609 Washing¬ ton 1,000,000 2,190,597 1,000,000 1,681,180 1,200,000 16,885,695 1917,070 (Prov'dence) ^ ReinsuranceOor p(NY) Reliance ins (Phila).. Republic (Dallas) Revere (Paul) Fire . Rhode Island (Prov). Rochester American .... St Paul F & M (St P). Seaboard F & M (NY) Seaboard Surety NY) atyj av). Security Ins ( N H 2 10 10 10 5 10 25 10 10 10 884,075 2,518,622 1,202,436 1,703,257 7 M 17 M 8M 24 M 36 23 M 24 M 3 4M 25 29 220 224 6 7k 26 M 28 w* 30 Springf ield Fire & Mar 5 9M 11M 24 M & 20 M 24 M 69 H 10 3,000,000 7,517,340 5 15,000.000 50,466,464 10 10 10 1,000,000 4,932,000 1,000,000 3,161,557 117,073 653,589 53 M 8,357,631 43,558,406 2,264,228 28 M 37 1,060,041 16 M 1H i 7H North wester nN ational 38 M 31M 31M ik 30 60 M 9 Ins (Rochester) 15 share 360 115 '100 (Baltimore) New Brunswick 39 M 22 25 k 71M 55 M 29M 40 il* 60 % 27 61M 36M (Springfield, Mass) 25 Stand Fire (Trenton). 12M Stuyvesent Fire (N Y) 5 Sun Life Ass'ncejOas) 100 12,033,372 5,000,000 13.740,691 2,122,829 1,000,000 2,057,265 19,089 500,000 832,348 2,000,000 18,118,208 $64,064,391 Travelers Fire (Hartf) 100 20,000,000 33,356,461 $836 992853 U S Casualty conv pref 2 2,446,031 1,000,000 2,117,312 U S Fidelity & Guar¬ 2 anty (Baltimore) 2,000,000 9,093,368 14,937,079 0 8 Fire (New York). 4 9,831,793 2,000,000 18,973,428 U S Guarantee Co... 10 2,889,430 2,000,000 5,336,231 Univer Ins (Newark). 8 400,000 457,694 1,200,615 West Coast Life (S F) 5 375.000 225,000 $22,982,425 Westchester Fire (NY) 2M 1,000,000 9,174,888 5,492,963 Wisconsin Nat Life 10 400,000 549,305 $7,390,380 110M 113M 63 66 2M 370 3M 420 458 448 8 8M 19 M 20M 47 49 51M 54 12 14 4 29M 6 31 15 17 38 M 30 t Consists of $341,550 $4 cum. 1st preferred, $500,520 $5 2d preferred and $75,000 $5 junior preferred stock. life insurance reserves. U Formerly known as Rossia Insurance Co. x Not an insurance company. also called legal reserve or 2,081,964 4,878,874 10 New Amsterdam 37M 10 12,000,000 51,365,411 21,176,385 Jefferson Stand Life.. 100 2.000,000 2,500,000 $67,517,733 1,943,445 Jersey Ins Co of N Y. 20 1,000,000 1,191.986 No Par Value, 1,000,000 2,544,798 12M York) 21M 22 M (Philadelphia) ♦ (New 6M 89 603 29 1 .... 335 1 10 (Phila) Maryland Cast Mass Bonding & (Boston) 24M 47 M 2,507,100 $25,045,367 6,204,962 62,314,404 367,853 2,500,000 755,083 12,118,773 7,317,529 48,637,375 1,841,655 9.488.317 373,575 15,836,187 8,479,380 9,042,147 6,000.000 873,549 1,177,049 Ask. 37 23 M 30 Hartford Steam Boiler (Hartford) Per 6,021,440 $99,042,056 1,325,001 2,049,258 185,191 110,418 <5 Knickerbocker (N Y) Lincoln Fire (NY)... 14 24 M 5 15 Home (New York) Home F & M (SF) Home Ftre Security.. Homestead Fire (Bait) insur Co of Nor Amer Bid. 1,000,000 1,000,000 100,000 100 City, Mo) 115 22 M (Glens Falls. N Y). Hanover Fire (N Y). Hartford Fire (Hartf) 22M 10 M 22 M 20 M Globe & Republic Globe & Rutgers Fire. 2d preferred Gr Amer Indemnity (New York) $ 73 2,248.841 916,633 1,299,562 5 10 10 5 Great Amer Ins (N Y) Halifax (Halifax, NS). $ 5 42Ml 44M sas (Minneapolis) Continental Casualty 5 (Hammond, Ind)._ Continental Ins (N Y) 2M Eagle Fire (Newark). 2M 10 EmployersRe-ins(KO) 5 Excess Ins (N Y). 10 Federal Ins (Jer City) Fidelity & Dep (Bait) 20 Fidelity-Phenix (NY) 2M 10 Fidel & Guar (Bait).. Gibraltar Fire & Mar Glens Falls Insurance Reserve $ Kansas Ohy Life (Kan New York Fire Continental Assurance Georgia Home. share 10 10 100 City) Columbian Nat'l Life Conn Gen Life (Hartf) Continental Amer Life 1938 $ Ask. 99m'I03M (Wilmington Central States Life (St Louis) Unearni d Premium Capital Premium $ (Hartford) Surplus Dec. 31, Par Unearned Dec. 31, 1938 $ Policy reserves 101 ESTATE BONDS EEAL f Real Estate Bonds Quotations Bonds. are as noar as Bid. Bonds. Ask. 64 x 66 / 20 22 1st income 5s 1958 —J&J Debenture 2s 1963 J&J Ambassador Hotel (Los Ang) Non-cum inc. 4-5s 1950—A&O f , Amer Insur Un Bldg 6s '41-M&N /' Arcade Bldg & Rlty • Seattle)— 1st leasehold 3-6s 1948. __-J&J / 99 101 72 76 < orp — - 49 51 51 53 35 38 Non-cum inc 5s June 11949J&J Arrowhead Lake 7s 1944-47.J&D Assoc Chain Store Realty— 1st mtge coll 5Xs 1957 J&J Cum income 6s 1957 A&O Adj non-cum inc 6s 1957-M&S Assoc Realty Bldg 'Los Angeles) Income 5s 1948 (w-s) J&J / Baker Hotel (Dallas)— 1st s f 5s 1950 (with stk) -F&A Bait Parcel Post 5X® 1949 Bauman (Ludwig)— 29 1st sf6Xs 1942 A&O / Fuller Bldg (GAP Realty Corp) 1st 2X-4s (w-s) 1949 J&J 30 18 1944 J*J Garrett Buildings (Chicago)— 50 45 6s 60 9~~ 5 5X8 to Governor Clinton Co Inc (N Y C) 1st mtge 2-4s 1952 M&S 91 Granada Apt Bldg 6s 1938 Grant Bldg (Pittsb)— 2 x -5s 1957 (with stock) Graybar Bldg 1st 5s (Brooklyn) 1947 F&A 1st 5s (Long Isld) 1951..-A&O. Beacon Hotel inc 2-4s Apr 1958—1/ Bellevue-Stratford (Phila)*— 61935-J&D / Benf Franklin 6s ctfs 1933 Berkeley-Carteret 5Xs '40.M&N Bing & Bing deb 6Xs 1950 »&S Income 7s 1950 w-s__ ..M&8 Book Tower (Det) 2-5s *52-(w-s) Boston Parcel Post 3s Oct 1945— Boston Postal Serv 5Xs '38-J&J 53 x 68 x iox J&D J&D Bryant Pk Bldg (NY) 6 X»'45J&J f Budd Realty 6s June 1941—J&D 6s f=»ept 1941M&S Bush Term oirti/ <s« io«o < Butler-Hall 4 X-5s 1947.Q Mar 25 Cent Manhattan Props 5s'46M&8 / Central Zone Prop 6s w-s'53 F&A / Chain Score Depot 6s 1940.-M&8 Chanin Building— 1st Leasehold inc 4s 1945.M&S 2d Leasehold inc 2s 1945.M&S / 3d Leasehold inc 1st 1945.M&S 20 22~~ 21 22 42 45 20 X 64 22 x 65 x 31 33 51x 32 x 7x 92 101 103 48 49 X OhicHerald & Exam 6 X* '50 M&S 49 Cigar Stores Realty Holdings— 8 f dep 5Xs 1949 ser A J&J / Circle Theatre extd 6s 1946.M&S f Cieve Term Bldg 1st 6s 1941-J&J Stamped Unstamped - 56 8x Columbus-Venetian-Stevens Bldg (Chic) 1st leasehold inc 3-5s. 1955 M&S / Congress Square Hotel (Port Met 6X« 1946 M&N Court & Re w' a+" n) Bldg Corp 1st s f 3 X~5s 1940 Cromwell (Oliver; 6s 1939-M&N Davidson R'lty 6s w w 1940 A&O De Paul Hospital 1st & ref 3-3X-3X-4S 1939-1947—Q-Feb Detroit Hotel 6Xs to 1941 ..M&S Detroit Leland Hotel 5s Oct 1 '52 Dorset Hotel 1st partic 2s 1957-_ Drake (Phua) 6s w-s 1959 - - Edgewater Beach Apts— Llq Tr Inc 6s w-s '50 Ann Oct / Edgewater Beach Hotel (Chicago) Cum inc deb ext 5 Xs'41..M&S 11 Park Place Corp 4s 1948 M&N 4s 58* 32x 870 7th Ave 4Xs Jan 1 1957— Eppley Hotels 1st sf 3-5s 1951 J&J Equitable < >ffice Bldg 5s 1952 Deb 5s Legended 1952 Ferry Station P O (San Fran)— Ext income 3s 1952 J&D Film Center Bldg 4s 1949 .A&O 5th Ave & 28th St Bldg 6 X* 1945. / 5th Ave & 29th St Bldg 6s 1948--5th Ave & 55th St Bldg 4s '55 whs — 35x 75 28 x 4 52 17x 5x 39x 55 x / 25 32 39 45 46 x 14 12 5 42 34x 39 x 39x 8 43 x 42x 42 x 25x 37 x F& Title— of deposit 28 26 x 60 66 x 62 x 67 x 60 6s, 1941—M&N / 65 24 55 uH 40 x 45 x 30x 32 x 32 30 / Flat price, n R L/ia oofjua Mtge— B-I B-K__ C2 OW-1 . - O / / X 73 13 113 58 45 46 44 76x ■ ---- 68 6 5 42 x k Last sale. 20 52 23 64 x 80 68x _ 83 8 6 20 80 84 28x 30x 12 14 stock .J&D 21 23 On Sept 21 56 2 23 Without com i(,« 6Xs *40-J&J Sherneth Corp 3-5 Xs (w-s) 1956. 60 Park Place Bldg 3Xs-5s._l947 Sixty-one Broadway Building 1st s f 3X-5s (w s) 1940. .M&N Income 3-3Xs stpd 1955.M&N Speed Building (Louisville, Ky) « 28 22 37 39x 49 Income 5s W-S 1956. Stone & Webster Bldg (Boston)— 3x 2 / 91 86 / 79 - conv M&S 6s '33..T&D 10 East 40th Street Bldg 5s 195H Non-cum inc 6s 1958 J&D 1088 Park Av Corp 2X-5s'53 M&S 4 - — Taft Rlty (New Hav) 6s*40 A&O Income 2s w-s 1951—On Nov 44 3 76 1947 Strauss-Manhat 30 4l" 5s - — 88 6 100 70 73 97 x 98x 66 68 1 94 92 x 23 x 46 36 45 Stanley-Mark Strand 6Xs 1941 Stanle> Heal Est 5Xs "45 J&D State-Randolph Bldg (Chicago)— 5Xs 1942 —.MAN Steuben Bldg (Chic) 6s 1943 M&S Stevens Hotel (Chicago)— 62 9 18X 35 x M&N 78 60 Textile Properties— 1st 4-5s (w 8) 1958------M&N Textile Crafts Bldg 6s w s 1944.. Trinity Bldg 5X .8 19H9 J&D t Trinity Court Bl ldg 4s 1941-M&S Stamped 2 Park Ave Bldg 4-5s 1946.J&D 2d fee 3s 1947 Ann Dec 23 Lexington Ave 2X-4s '50-F&A 29th St Towers Bldg 3s 1942. 2124-34 Bway Bldg 5H» -1943 2480 Bway Bldg 2d mtge 3s 1044. Tyler Bldg 6s (w-s) July 1 1953.. U S Realty & Impt 6s 1944-_J&J - — 88 6x 3 29 101 32 - 25 75 - - - - - — — 28 26 ■ 5 . 35 37 39X 15 38 41X 81 49 X 14 52 X 18 25 27 X 25 11 37 i2X ^ 82 ^ 21 6X 17X 2X 7X 18X 3X 62 95 64 J&J 54 57 1st 6s 1935 F&A 1st A cniJ « f 1938. A&O Van Sweringen Corp 6s '35-M&N Varick St Sta P G (N Y) 6s 1941 103x 23 x 7x 5x 51 42 49 33 33 52 35 41x 43 x 51x - 52 Wabash-Monroe Bldg 6s 1953 - - Wallbridge Operating Co (Buff) Income 3-4s 1950 Ann Feb Waldorf Astoria (Hotel)— Non-cum inc 5s 1954 M&S / Wall & Beaver St Corp— 18 25 x 1st 4Xs w-s Nov 1 1951.--J&J Warner Bros Hollywood Thea— 16X —M&N Washington Properties inc 7s 1952 / Westlnghouse Bldg 4s 1948-AAO Woodbridge Hldg oH* 41--A&0 7s 1940— A&O 78 1st 6 Xs 1941—- 54 30 49 31 Van Sweri igen Co— 49 / / / / / / 29 Wadsworth Bldg)NY) 6s '53 A&O 4 54 100x 1900 Rittenhouse Sq (Phila)— 1st com income 5 Xs 1945. J&D / North Station Indus Bldg (Bost) 1st m s f 5s 1962— A&O Nominal, Ann Oct 91 —F&A 5Xs series F[ ix J&J 75 Theatre 1st mtge 2-5s 1955 —_J&D N Y Majestic Corp 4s (w-e) 1956 / N Y Postal Service Station— series series series series 5s, 1943 Savoy-Plaza Corp— 3-6s (w-s) 1956 Income 6s 1945 27 Conv 8 f deb 6s 1948—J&D 15 N Y Athletic Club— 5Xs 5X« 5Xs 5 Xs RussBldg. (San Fran.)6s*51 F&A St Charles Hotel (Atl Cy) 6Xs '45 St Louis Post Off 5Xs 1938.A&O San Fran Paramount Corp— mifitHfrr. New York Title & 26 M&S - ^ ■ 58 / / / 5X» 1937 24 4 38 x Schuyler-Hudson 4s 1947 Sevilla-BUt Hotel 7X« '37 ctfs.. 51x 20 38x 61x 70 "7 x ' 18 6s debenture 1951 J&D 14x 28x 12 66 Schulte Real Estate 6s 1936— With stock J&D 44 M&S 13 41 54 x 6 500 Fifth Ave 6V$s 1949— 57 16x 68 x 24 51 Fifth Ave 4s 1943 A&O 52d & Madison Office Bldg— 1st Leasehold 3s Jan 1 1952 Apr. 1 at 102X- 6x Adj mtge inc Apr 15 4Xs 1950 / Natl Tower Bldg 6Xs 1944 A&O / 1st fee & l'hoid 4-5s 1959.A&0 Neisner Bros Realty. Inc— 98 x 16 Called 82 36 6 21 * 93 36 3 31x 36 x Retail Properties— Deb 5s series A 1959 M&S Income deb 6s ser B 1959. A&O 1st 4s 1957 *<uig— __ 24 Gen income 5sNov 15 '83-J&D Provident Loan Society 6% ctfs.. Prudence Securities Corp— Income 5Xs ser A 1961—M&N Quincy Station P O (Chicago)— 1st extended inc 5* 1950—J&D / Realty Assoc Sec Corp— Income 5s Oct 1 1943 J&J Repub Kidg(Denv) 3-5s'49-J&D 2-6s July 1 1956An Mar Roxy Theatre 0Xs to 1940-A&O 21 1st leasehold 3s 1953 M&N / Nat Hotel of Cuba 6s 1959-M&S / Nat Press Bldg 3-5s 1950 J&J 97 13 Stamped 4s 1949 46 40 94 x 20 J&D —J&D 44 16 Inc (N Y O)— Mtge cum inc 3-6 Xs 1957M&N Manhattan Towers 6s 1948-M&S Marcy (The) 6s 1940— F&A Mark Hopkins Inc— 1st income 6s Feb 1 1952 Marshall-Wells Bldgs 6Xs*47 F&A Mayflower Hotel( i><); 6s 1950— Mecca Temple 5s 1942Mercantile Properties, Inc— Sec sf5X» 1946 I*.I Merchants Nat Prop 4s *58-J&D Metropolitan Chain Properties 1st conv s f 6s 1948 M&N Metropolitan Playhouses— Debenture mtge 5s 1945.-F&A Midland Invest Corp (Mo)— 18 J&J 1952 57 x Madison 16 50 B'way Bldg 3-6s 1946 M&S 51 East 42d St 3s 1956 On Mar w-s 25 x 52 x 15 55 / Lombardy (The) 6s 1942 M&N London Terrace Apts 3-4s'52 J&D Lord Bait Hotel g m 6 Xs '45 * / Lord Nelson Hotel s f 4s *47-M&N Lords Court Bldg 5Xs 1942.J&D / Macrid Realty 3s 63" 37x 1st 6Xb 1945 —M&N 80 Broad St Inc 4s Nov 1 1956... 80 John St extd 4s 1950 A&O fixed Loew State Bldg (Los Ang) 6s *42 Loews Theatre Rlty 6s *47 ' . Cleveland Theatre gen 5s 1944 Colonade Construction— 1st s f4-4Xs 1948(w-g)—_A&O Colonial Apartment* 6s 1937 45 (Erie. Pa.)— 1948 VfHUfiMi Lincoln Mtge & Guar 5X» ctfs Loews Midland & Office Bldg 51 7 44 x 45 27 6 5Xs ex stock 1953 Lincoln Mtge Co (Newark)— Cum inc (w-s) 5s 1948 A&O - 51 52 26 103 79 income 5Xs w s 1963 6 -. 23 — 17 Extend 1<*1 4-6 Xs 1948 49 — Voting tr ctfs for common Poli-New England Theatre— 1st s f 5s 1958----.-.M&N 21 Lenox Hotel inc 5s 1950——F&A / Lewis Morris Apts 1st 4s 1951 / Lincoln 42d St Corp— 15 Cbesebrough Bldg ,6s 1948—A&O / Chicago Evening Amer 6s\39 J&J 17 x Robert Treat Hotel (Newark) 1st fee 4-5s 1948 Lefcourt State Bldg— 85 50 36 Rittenhouse Plaza 2Xs Jan 11958 6s Jan 1 13 52 82 53 68 x Lefcoiirt ■ 11 50 65 69 Lawrence Hotel 52 53 11 53 Pitts Hotels Corp 1st SXs '48M&S Mtge cum Inc 5s May 1962... Conv cum inc deb 5s May 1967 102 42x La Sal] e Wacker 5b Units 25 52 50 30x 74x Kramon Devel Co 1st fee & leasehold 3Xs-4s 1952--.M&N / Lake Hh Ath Club (Chic) 6X® 46 / 103 80 48 Pennsylvania BMg6s 193Q M&N Pierrejpont Hotel 3-4s 1951- -J&J 26 Keith Memorial Bldg 6s 1943 — 21 75 50 X 45 (Boston) 1st 6Xs 1943 F&A / Jagels & Bellis Realty 6s '48.M&S 10x 23 X 9 Hotel Syracuse Inc 3s 1955--M&S 101 x 101 110 So Penn Ave (Atl City)— 6s 1944 J&D f 165 Broadway Bldg 5Xs '51-F&A General s f 7s JL.941 F&A f Ore Paramount Corp 4s '57.M&S Hotel Taft Corp 5s 1947 F&A Insurance Exchange Building 54 x 34 13 1st mtge leasehold sf 3s '64-J&J Park Place Dodge Corp 6s 2-s '52 72 f inc 3X-6s May f 18 X Park Crescent 6s (w-s) 1955 Park Lexington Go Inc— 43 x s 8 ' 45 1 1948. f Hotei Drake Corp inc 3-5s '53F&A / Hotel Lexington units 4s '55-M&S Hotel Sherman Inc 1st 5s '57-Apr / Hotel St George 4s 1950 A&O 7 5x 7 35 x 29 43 -Feb / 48 48 X Pnntages » Alex) fig fo 1947.M&N Paramount Bway Corp.— 1st M s f 3s loan ctfs 1955 F&A 9 7x J&D / _ 45 f f f . Orpheum Th & Rlty 2-6s *46 M&S f Palace Hotel (San Fr) 5s '45.F&A f 6x 85 J&D 1st 45 15 Park Row 4s 41 x 34 23 J&p 1U4S 1st fee & l'hoid 6s 1942 Herald Square Hldg 30 13 46X 5 91x new 49 x 15 37 x 32 x 5X 1st fee & l'hoid 6s 1939-41 J&D 18x 49 43 11 West 42d St . 25 x 30 Harrlinan Blag ot 1901. M&N Hartford Times deb 4 X* '61 M&N Hearst-Brisbane Properties—* X 5 3H 46 Kp Greeley Sq Bldg 6s 1951 12 Hotel (Louisville) Eastern Ambassador Hotel units 4 M&S / - 1st 6s 1943 M&N p f 6s 'SI .M&N 103 East 57th St Bldg 6s '41 M&N 103rd & West End Ave— Income 5s June 1 1942 J&D Odp Park Ave 2d . Earn OKicec mo¬ ist m leaseh Broadway-Barclay Inc— 1st, 2d 1956—_ In June Bway Mot Bldg 4-6s 1948—F&A Bway-Spring Arcade Bldg— Non-cum 3-5s April 1 '57.J&D Bway & 38th St 7» 1945 J&J Bway & 41st 8t Bldg 3 X-5s 1944 Bklyn Fox Corp inc 3s Oct 11957 J&D f 1940 50 47 99 x 1st sinking find 5s 1949 2d income 6s 1949 22 22 2x 24 Fox St Louis Theatre Bldg— Arcady-Wilshire Co (Los Ang)— Brown 1950 1528 Walnut Corp 6s (w-s) 36 x V Olympic Inc (The) Seattle— A&O / f / 40 Exch Place 5Xs 1956 M&S / 40 Wall St Bldg 1st 6s 1958.M&N f 42 Broadway Bldg 6s 1939 .J&.i / 48 St Real'n Corp l-4s_.Mar 1952 f 1400 B-way|Bldg 4-5s 1948.J&J f 1410 B'way Bldg 3Xs 1941. A&O Fox Det Theatre 6s 1942 A&O / Fox New Academy of Music 1st leasehold 6Xs fo 1941.M&S Fox Theatre & Office Bldg Income 3s 1957 / 6s 1st 64 32x N Bid. Sonda Ask. 1500 Walnut Corp (Phila)— Pa) 1st extd 4-5s 1945 A&O Albany Metropolitan 6-6s 194W Alden (Hotel) 1st 3-5s 1957—F&A Cum income 2-6s July 1 1955Allied Owners Corp— Bid. ■ Abraham Lincoln Hotel (Reading, Allertou possible for the closing day of the month preceding the date of Issue. 55 72 x 32 40 Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS as Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, and are possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) denotes near as sales. Figures of deposits, capital and profits for the National banks are from the Comptroller's last call; for all other insti¬ required. For tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are the Clearing House banks of New York, deposits are taken from the latest weekly statement. > lU'Tit* tKI.I. ti JlUi- ALABAMA March 29 Capital National March 29 Banks State CALIFORNIA March 29 Institutions March 29 Gross Surplus c£ Profits Par Deposits Bid Ask Capital Gross Surplus & Profits Deposits Par Bid Ask ■ Nomi nal. . Birmingham— tftio •a o oo $ Per & Sacramento— 106,428 1,975,668 50 28,572,102 150 81,700 1,194,217 I fl 100 3,000,000 11,402,871 6.400.000 / Tr 59,976,712 [25 \25 176,556 2,725,391 24,107,532 25 19,790,772 20 58 60 4,339,769 10 12 122* 18,438,077 10 13 14 a 1,743.000 / Preferred Industrial Sav Bank- d 125.000 c Preferred 25 26^ American Nat Bank- d 375,000 1.000.000 1,000,000 Merchants Nat Bk__ 1,437,011 1,693,083 300,000 1.000.000 First Nat Bank 264,779 815,078 . San 3,796,046 N 0 100 re cent 100 sa les First Nat Bank 764,449 24,718,127 811,374 12,946,871 600,000 200.000 208,110 8,561,970 100 "~90~" 59,310 3.047,628 100 90 6,701,837 189,860,313 6,800.000 i 8,348,515 110,202,363 20 8 80 125 ,500.000 Preferred United States Nat Bk d San Francisco— Common 100.00Q I Preferred 40.000 / 83,037 National 2,311,420 \1YI 15 10 Q Bank 3 H 2H 25 50 1 dl 8.000.000 Bank of Calif, N A_. .25 1.25 Anglo California Union 13k & Tr Co— 100 B Security Tr & Sav Bk Bank- 100 250,000 \ 490.000 Diego Tr & S Common 25 Montgomery— H 128 Bank of Amer Nat Tr Selma— City National Bank. People's Bk & Tr Co. 400.000 120.000 200.0U0 350.000 i d Selrna National Bank Selma Tr & Sav Bank d 215,559 2,607,667 100 71,019 1,621,631 1,689,761 1,512,031 50.000,000 [64053,600 1437027491 12 h 25 18,854,965 1,500,000 /2,217,422 & Savs Assoc 100 100 211,660 113,238 90 100 Bank of America Bankof Canton 25 500,000 Crocker First Nat Bk The San Fran Bank. Pacific Nat Bank N annual Hanks March 29 SI.Ni/ ARIZONA I Ttsnin'innf Wells March 29 9.000.000 1,200,000 Yokohama Specie Bk Bisbee— Per Miners & Merch BkPhoenix— 250.000 First Nut Bk of Ariz. Phoenix Sav Bk & Tr 550.000 247.500 3,710,150 209.912 share U 216"" 171 174 290 300 10.500 11500 8,673,799 250,743,119 , 5,8*2,229 390,106 100 100 280 300 p Common 7,500,000 17,286,751 273,211,080 7.500.000 / 120 28 2* \. 48 50 260 275 302* San Jose— 913,437 172,269 First National BankSanta Ana- 16,603,444 t 20 4,479,308 t 25 600,000 874,004 dl45,000 i 126,643 1,682,337 V2H 564,700 \ 435.300 / 185,453 9,222,189 1100 200.000 545,039 4,357.136 1.000.000 o Commercial Nat Bk.. 5 cent First 6 y4 les Valley Nat Bank— 600.000 11,420,388 1,209.000 f • mon Preferred 38,253,255 National 1'referred 250.000 452,806 9,823,742 Stockton— First National BankStockton S & JL Bank 100 125 1100 N 100 0 689,940 10,820.094 100 re ceut 139,000 2,500,000 100 sa les 50.000 143,467 1,655,889 20 2,341,295 1100 •State InsHtutions ARKANSAS March 29 100 375.000 i Union Safe Dep Bk.. National Honks 10,477,693 Bk— Common..- Tucson— Sou Arizona Bk & Tr March 29 Nom inal. Per share. Fort Smith— 275.000 500.000 500.000 Peoples Nat'l Bank__ Twin City Bank Union Nat Bank— Common,. Preferred Worthen Co N o 556,361 7,001,234 100 re cent 585,853 9,682,107 25 sa les 537,836 136,870 9,451,295 3,467,976 20 50 52 25 30 33 46,970 1,163,896 25 359,288 10,433,120 ) 20 35 37 382,773 17,323,141 50.000 50,000 400.000 Commercial Nat'l Bk 100 667.500 Merchants Nat Bank Little Rock— 2,611,550 300,000 185.500 First National Bank- 124,348 300.000 200.000 100.000 City National Bank- 99,010 2,189,595 Nom inal Colorado Spgs. Per Colorado Sav Baua 120 Colorado Spgs Nat B Common 60 Preferred class A__ .... Preferred Simmons Nat Bank , 1 100 927,878 11,196,323 100 340,748 300.000 419,993 500.000 350.000 587,768 share. 1100 6,926,413 8,877,557 100 100 Denver- 350 340 } 106,775 300.0UL First National BaDk. 100 100.000 73.000 Exchange Nat Bank. Pine BluffNat Bk of Commerce mmon 34 100 American Tr Co— Preferred 100 3,366,36.3 31 % Fargo Bank & Union Trust Co Nomi rial, 1 i 0,999 253,227 100 1,000.000 i 4.461.626 100 18,115,491 1.300,000 i 457,954 6,000.000 8,246,549 133,245,140 100 6,000,000 t8,877,874 161,862,873 1000 8,647,781 100 1,000,000 l 400,674 Bank of Montreal Canadian Bk of Corn C< 120,830 134,758 share. 100 100 San Diego— First Nat T & SBk_. dl Mobile— Amer Nat Bk & Tr Co W B 62,244 30,220,685 1,859,874 5,489,305 1,263,248 San Bernardino— Common Con Per 181,605 175,000 Merchants Nat Bank d Sumitomo Bk of Cal. First National Bk— Nat S 1,674,639 50,000 246,000 i 145.000 Citizens Bk of Sacra- aBO S S 961.250 Capital Nat Bank— d Sav Common Alabama Nom inal share. 500 000 U,234,195 Bank for Savs. &Trts. Birm'ham 8 American Nat Bk Central Sav Bk & Tr 8,492,556 5,393,759 113,138 50 100 Colorado Nat Bank Common National Banks March 29 CALIFORNIA St at a .000.000 11,671,451 500.000 60.000 125,534 .260,000 ,806,810 .500.000 ,803,777 30,607 100.000 100.000 30,699 550.001 ,344,453 500.001,270,169 Preferred Institutions Colorado State Bank March 29 Denver Nat Bank First National Bank- Nomi nal Long Beach— Per Farm & Merch Bank 1,000,000 i 225,000 707,286 16,727,846 100 245,141 3,214,960 50 5.000.000 13,419,329 105,070,461 300.000 / Western Tr & Sav Bk d 125 140 N share o . re cent Los Angeles— su Preferred 5.000.000 3,000.000 4,325,000 111,223,307 20 5,468,412 123,987,303 100 24.000,000 131,834,710 557,243,553 Preferred 9.00U.000 / Union Bank & Trust2.500.000 i 2,728,518 37,964,132 '25 Oomraon 21H Central Bkof Oakland Farmers & Mer Sav. Pasadena— Citizens Coml Tr & S First Tr & Sav Bk— 329.100 2.000,000 300.000 300.000 Pasadena-First N Bk d 450.000 550.000 150.000 Security Nat Bank.. 300;000 Common. Preferred 62,972 First National Bank KM) ,731 100 50 ,349 ,476 "100 100 25,935 ,954 100 17,607 ,195 N o re cent sa les 2,047,705 271, HO 2,805,809 45,240,938 11,386,407 20 H 370 44 X 21 X 392 45 94 K "98" 5,693,495 100.000 200.000 Common Preferred * 100,192 100 45,503 291,355 13,135,031 50 2,164,813 3,511,976 j 25 20 100 100 100 4,982,452 1100 1100 of San Francisco. Calif. Outstanding preferred stock consists of $1,043,300 1st pref. of $20 par and $700,000 oi 2nd pref. stock. value and retirable at $50 a share, 25 l35 19,131,718 1,989,796 Sale price. c Savings deposits. d Common and preferred stock J 787,947 159,054 t Controlled by He Transamerica Corp a 100 468,179 ,188,737 Pueblo Sav & Tr Co 1-- 50 500,000 30.000 Mlnnequa Bank.. Oakland—Bank of Commerce-. 1100 1,755 ,339 ,684 31,965 56,523 1.186 755 Pueblo21 Citizens Nat Trust & Savings Bank Farmers & Mer Nat Secur-First Nat Bk- J S National Bank.. International Tr Co. les California Bank— Common National City Bank. (Jnlon National Bk 37,541,064 1100 e 130 May 19. 1938. outstanding. f June 30. 1937. g Quotations for the San Diego First National of the stock of the First National Trust & Savings i Dec. 31.1938. k Sept I Last sale price. p 1 ar value 100 yen. n 28.1938. New stock, Co., which controls 97% Bank of San Diego, Calif. MAY, 1939] AND BAMS National Banks March 29 CONNECTICUT Capital Surplus & Profits TRUST COMPANIES National Banks State Institutions March 29 Cross Ask Bid Par Deposits State Institutions March 29 FLORIDA March 29 Cross Surplus & Profits Capital Deposits Bridgeport- Per Common Preferred 500,000 1,470,000 Black Rock Bk & Tr. a 142,000 100.000 Brldgep*t City Tr Co 2,200.000 /1,426,450 | 258,125 ., 22,517,405 ( 5 17H Amer Bk & Tr Co... First National Bank. 5y2 40 "35" 1,600,000 25,679,363 b 7}«j 45 25 30 32 25 75 86 20 25.000 122,500 26,000 1st preferred 2nd preferred West Side Bank— 84,448 100 1,537,430 100 1,760,667 I 25 165,000 99,500 250,448 Capitol Nat Bk & Ti 300.000 Conn River Bkg Co. First National Bank. 100,000 77,826 333,840 103,465 300,000 672,198 150.000 225,937 1,260,021 1,029,645 140,321 4,444,389 3.196,183 8,002,253 14.827,402 1,700,769 68,665,174 25 30 500 100 115 200,314 263,530 25 26 60 280 1,150,000 100.000 4.000.000 100,000 Glastonbury Bk & Tr Hartford Nat Bk & T Industrial Bank Pnoenlx St Bk & Tr. 125,000 So End Bk & Tr CoCommon 50.000 L 50,000 500,000 200.000 Preferred-. Travelers Bk A Tr Co West Hartford Tr Co ./indsor Trust Co Meriden— 3.252.919 25 3,180,752 25 50 11 1,905,484 26 43 20 First National Bank. First Sav &Tr Co... 59,474 961,024 11,004.704 3,507,490 267,679 127,851 J 25 llOO 100 100 1,556,730 25 Meriden Nat Bank.. Meriden Tr & 8 D Co a 500,000 150.000 / 100.000 108,380 5.707 100 Puritan Bk & Tr Oo. New Haven— a 150.000 47.532 1,461,387 25 Amer Bank & Tr Co. a 227,500 166,668 2,625.444 6,786.674 1,628,958 381,708 72,291 25 25 "14" woo" Prior preferred Conv preferred New Haven Bk NBA Second Nat Bank Trademen's Nat Bk 170.000 180,000 1.458,700 Preferred-Un A N Haven Tr Co New London- Wlnthrop Trust Co.. Norwich- 27,413,738 8,462,963 83,531 90 33 I 45 36 645 120" 125 50 50 54 11,542,712 50 70 1100 1100 1,174,568 15,534,419 100 542,036 4,694,459 102 100 97 100 9,198,519 25 100 ,000 1,250, 000 879,295 16,173,798 17,653,515 1,864,662 100 80 100 100 105 100 125 125 150 500 ,000 37,928 564,649 1,065,324 166,607 100 60 75 100, 000 59,905 1,560,671 100 200 000 277,602 6,763,222 109 TampaBroadway Nat Bank 1,300 ,000 a (I National Banks State GEORGIA March 29 100 Institutions March 29 Nomi nal. Atlanta- Per American Sav Bank. ' First Nat Bank 2,517,187 50 re cent 1,964,856 867,447 100 sa les 435,088 3,286.647 25 19 171,952 1,578,111 100 110 120 1.000.000 200.000 700.000 1,403.815 12,906,667 100 145 155 695,064 971,922 5,504,297 tio "nn "14" 10 27 U 100 145 155" 600.000 778,098 Common Preferred 210 200 100 675 700 100 147 153 1,042,680 1.000.000 33,869,265 /100 uoo 475.000 a Trust Co of Georgia. Augusta— 62.000.000 307,999 2,878.855 3,646,361 29,438,661 750,000 567,360 r5.000.001 e 400,006 3,402.153 9,052,408 89,104,077 3,133,305 850.000 2oo.nor 778,237 119,508 149,875 42,748 346,000 6,327,387 1,743,918 2,051,380 1,249.786 100 35 40 3,016,209 100 210 225 3,402.153 89,104,077 1,434,000 6,751,955 100 250.000 264,000 | 231,141 l.000.000 300.000 3,192,637 188,427 11,374,431 100 4,957.895 f 25 I 32 100 8,628,897 100 3,312,322 990,000 f Georgia RR Bk A Tr Oolumbus Bk A Tr. 6 FirstNat Bk nfOol. Fourth Nat Bank. 300.000 75.000 Merch A Mech Bank 200.000 Macon— OltisA So Nat Bank r5.000,00< tio 89 100 100 110 100 80 100 123 85 128 100 100,260 248,382 r5.000. OOO 3,402,153 600.000 655.000 89,104,077 4,551,366 4,087,329 100 80 14 85 264,365 100 50 60 Common 200.000 104,460 1,555,460 100 Debentures 130.000 • 10 Savannah— OltizA So Nat Bank. 9avannab Bk A Tr. a 181,471 10 133^ Oitlzens Bk & Tr Co 25 32 200 65 State IDAHO March 29 Institutions March 29 A umt DELAWARE State Tnstitvtions v.. 210,000 308,872 500.000 4,010,329 625.000 1,336.630 661,538 866,404 203.175 1,000,006 2,768,651 1,001,528 1.500.000 Equitable Trust Co. Security Trust Co--. Wilmington rr" <"V> 672.600 4.000.00( 12.012,166 2,167,758 18,049,846 3,053,196 3,348,048 10,693.049 19,334,850 9,389,806 67,173,081 100 110 50 i tumon '••pf erred _ _ First Security Bank Boise Trupt '""o a 25 25 100 25 60 50 75 60 125 210 220 National Banks 83,470 387,259 549,868 1,824,561 9,061,530 4,956,342 3,463,352 26,403,696 7,315.845 11.152,966 250.000 100,000 871,024 345,000 1,050,000 200,000 800,000 Nat Bank of WashNat Capital Bank... Nat Metropol Bank. 933,277 407,669 400.000 Lincoln Nat Bank— McLacklen Bkg Corp a 310,511 1.000,000 500,000 Liberty Nat Bank... Second Nat Bank Secur Sav A Com Bk 210,870 684,582 10,188.212 196,672 ,805,472 26,110,667 5,322.345 2.375,012 100 Nomi nal. Per share. Aurora- 160.000 557,500 528,000 3,400,000 a share 20H 23 190 100 263 20 29 31 172 180 100 100 50 100 100 100 210 436,454 200 65 ■ 121 Income debentures Unlon Trust Co Wash Loan & Tr Go. 100000 a 300.000 350,000 150,000 100 100 100 N o re cent sa les 192,462 246,447 3,829,596 63,392 3,212.603 48,277 227,572 281,825 174,496 1,377,509 2,938,308 5,988,154 2,428.307 100 100 100 30 250 125 119,203 1,377,662 149,102 102,188 87,424 189,954 3,044,756 3,448,216 53,427,484 5.033,804 6,424,525 2,350,961 7,975,037 ion 20 30 100 40 195 205 4,985,394 60 153 260 265 280 102^ 100 59 145 165 ,236,476 51,630,604 100 250 260 5.931,530 10,589,269 24,314,022 J100 £181 100 65 205 80 50 79 100 £228 100 100 85 275 150 Chicago— a 400.000 a Aetna State Bank— Am Nat Bk & Tr Co. 1.600.000 200 OOc Austln State Bank i380,000 Beverly State Sav Bk Centra] Nat Bank... 100.000 25 30 "loo 20 35 80 90 10 15 19 10« 100 110 50,000.000 136736729 1098976307 f33i» 25.000.000 [33'. 100 1,500.000 507,379 425,260 100 3,080,938 61,948 Oosmopolit'n Nat Bk a 250.000 District Nat Bank— 69 300.000 4.000,000 Oity Nat Bk A Tr Co Oont 111 N B & Tr Co 122^,418,763 71 b 331! Preferred Oont Nat Bk & T Co 3,038,416 f 20 98,000 442,500 186,729 7,062,709 • OOi i.OOO 24,794,582 994,265 First National Bank 30.000.000 36.062,537 853,910.566 200.00(' 5,148.845 First Nat Englewoori 777,686 200.000 6,219,992 Halsted Exch Nat Bk 248,921 200.000 2.241 ,C84 Hamilton State Bk. 44,390 a 200.000 2,935.354 1-0 National Bank 87,675 [ 135" I45" 30 102.000 Common 8,601,177 8,205,677 17,000.677 First National Bank Clair Nat Bank- St Common 143 240 384.064 1,000,000 12,053,753 500,000 198,833 2.000.000 820,110 1.000,000 476,867 1,000.000 Common a Avenue St Bk Oak Pk Nat Sav & Tr Co— Munsey Trust Co-.. 300,000 379.300 Belleville Savs Bank. 150 10 100 1.100.000 Amer Secur & Tr Oo. a Belleville Nat Bank. 100 3.000.000 15,098,441 102,776,720 /100 a State Institutions March 29 135 Riggs National Bank Common... Preferred 100 ILLINOIS March 29 DIST.OF COLUMBIA 0tf^arcth29°nS 145,000 475.000/ a les 78.914 Belleville— Per Mty Bank Columbia Nat BankBank of Oomm & Sav Hamilton Nat Bank- 0 cent sa 63 Washington— a N re 100 41M 70 165 Nomi nal Anacostia Bank 100 67,622.126 300 Bank.. Merchants Nat Bank Old Second Nat Bank March 29 22,170,149 750.000 1 764,004 588,000 J 1.100,000 1,236,817 125.000 t 50,645 Aurora Nat National Banks nal. share Ida 1st NatBk of Boise Nomi nal. Per share. Central Nat Bank.. Farmers' Bank Industrial Trust Oo. Union Nat Bank—. Delaware Trust Co.. Per Boise City- March 29 Wilmington- 14 13 H tio 110.000 First Nat Bk & Tr Or National Banks Banks 14 13 H 100 500.000 City Bank & Tr Co.. Liberty Nat Bk & Tr 160 55 155,525 100 Columbus— Home Savings Bank Waterbury Nat Bk— March 29 28^ Fulton Nat Bank— 100 9,777,463 100 Waterbury— National share 100 683,000 200.000 / 113,3C0 3,402,153 89,104,077 '5.000.000 4,761,918 110,701,072 5.400.000 Cltlz & So Nat Bank. o Nst'i - 2,227,638 ^ttiz& So Nat Bank Stamford— Waterbury Trust C« 100 43,599 Nat Exchange Bank 91,461 ... 1,118,222 303,213 73 2,921,588 44,603 Common 115 38.516 r 50 000 200 000 100 50 218,664 Cttls A Mfrs* Nat Bk 200 105 200.00n 18 650.00< 200.000 Stamford Trust Co. 185 100 h 160 15 270.000 Fidelity TitleATr Co 100 3,229,385 (7 lantic Nat. Bank 300.000 Bank A Trust Co. 100 5,409,051 21 20 15 145 10 344,800 Thames Bk & Tr Uoeas-Merrh Nat Bk 8,811,526 W est Palm Beach At¬ 35 N i 926,688 459,197 149,323 Ga Sav Bk & Tr Co. I 300.000 i 40 217,665 Florida Nat Bank.. 170 100 [100 750,000 Common Nat Bk of Commerce New London City National Bank... Union Bk & Tr Co.. 1,068,957 1,008,316 935,725 800.000 5,572,775 f 20 I 2< 5,693,177 100 35 245,679 t 200 000 West Palm Beach Fla Bank & Trust Co. f 756.000 441,000 920,000 135 130 100 8t Augustine Nat Bk St. Petersburg— tflOO" First Nat Bk A Tr Co Common 125 r Exchange Nat Bank 819,471 100.000 Home National Bank 25 202,005 179,600 130,437 250.000 100 44,556,811 65 100 125 125 St. Augustine- 36,727,112 1,934,853 "29" 110 18,233,225 400 000 Exchange Bk St Aug 25 100 200.000 Palm Beach First National Bank. Pensacola— "28" 44 100 68 000 American Nat Bank Olt A People's Nat Bk 55 50 10 25 2,785,769 100 000 0 2.110,040 143,110 100,000 4.000.000 100.000 Simsbury Bk & Tr Co 24 100 100 100 400.000 r . 4,416,555 1.600,0(H» East llartford Tr Co Hartford-Conn Tr Co Park Street Tr Co... Riverside Trust Co.. 20 3,349,756 36,636,800 30,124 11,070,818 132 ,000 Preferred Florida Bank 1100 Hartford— Preferred... Colonial TruBt Co. 127,934 816,751 100.000 Common Common. Preferred First-Stamford 200,000 1,200.000 First TruBt Co. Florida Na't Bk & Tr Little River Bk & Tr Miami Beach First National Bank... OrlandoFirst Nat Bank— 30 North End Bk & Tr Common Nomi nal. Per share. Miami— share. First Nat Bk & Tr Co Ask Bid Par Nomi rial, Preferred Drexel State Bank. Drovers Nat Bank 69,094 a 40 100 100 100 100 100 11 15 27 20 31 150 160 205 210 170 180 142 150 42 50 12 15 245 • Sale price, t Branch of Savannah. National Banks March 29 FLORIDA State a institutions' Includes preferred stock or debentures outstanding. b Retirement price, March 29 c Sept. 28, 1938. d Member of the Nom< nal Jacksonville— Per Atlantic Nat Bank.. d3,000,000 Barnett N B of Jack. 1.500.000 Florida Nat Bank ai .500.000 50,000 Spr'field Atlantic Bk Lakeland— Florida Nat Bank.. 1,082,079 1,376,986 1,309,488 28,099 52,786 071 27,599,287 37,349,557 995,697 100 100.000 165,526 2,030,336 25 10 share 9 185 10 100 25 25 28 165 e Atlantic Group In Florida. Affiliate of the First National Bank of Atlanta, Ga. / Dec. 31, 1938. q Member ot the Florida National Group. h Affiliated with the Bar net t National Bank of Jacksonville Fl» i The Idaho First National Bank of Boise, Ida., recently acquired the business of the First National Bank of Parma and converted it on April 8, 1939, into a branch. stock t Last sale k Q New r Combined statement x Ex-dividend, y t Trust funds Stock all owned by Travelers Insurance Co. BANKS National Banks ILLINOIS March 29 COMPANIES TRUST Institutions National Banks March 29 Par Deposits Bid State 10WA March 29 Cross Surplus & Profits Capital State AND Ask Surplus & Profits Capital Institutions March 29 Cross Deposits Bid /jar ZVomi nal Chicago (Concl.) Kaspar Am State Bk Lawndale Nat BaDk ft Per share 4 8 Burlington- Per Farmers & Merch S B i (10 415,604 11,837,023 100 210 1 000.000 Lire 8tock Nat Bank Madison-Crawford 1,651,791 23,515,512 20 57 160,520 200.000 200.000 — Main State Bank... 17 110 244,158 4,845 ,135 5,917 ,698 61 200,000 Merchants Nat Bank 13 300.000 275.000 525.000 _ People's Sav Bank.. 500.000 250.000 United State Bank.. 12,489,404 1 125.000 200.000 Guar Bk & Tr Co 320,414 Preferred Natl Bank 20 2,471,101 N at Bk of Common Liberty Nat'l Bank 151,095 250.000 Ask Norm nal 50.000 Burlington Cedar Rapids— 100 150 155 100 110 130 City National Bank. 54,166 59,289 107,573 1,897,828 150,763 38,014 2,681,518 29,913.424 4,480,582 1,050,782 159,978 195,076 2.599,120 4,009,070 61,625 n 2,380,775 3,181,766 1,591,214 n 150.000 150.000 Council share. 100 100 25 N o 20 re cent 100 sa les 100 Bluffs— 600.000 1,092,185 18,729 .107 100 207 212 Coun Bluffs Sav Bk. Merchants Nat Bk_„ 200,000 95 80 •first National Bank. 100 400.000 111,728 100 80 90 Preferred 200.000 152,414 20 21 26 State Savings 400.000 100 100 125 600.000 500.000 398,640 318,350 916,565 200.000 280,606 6,032 .126 3,333 .449 10,243 ,752 5,985 ,646 10,647 ,743 5,600 ,569 14,897 ,665 7,976 ,717 4,224 ,058 8,382 ,861 7,179 ,636 18,432 ,046 9,423 ,806 3,109 ,842 105 200.000 229,780 63,902 100 Metrop State Bantc.. Mid-City Nat Bank 100 MerchandiseNat'lBk . Milwaukee A v N't Bk i Mutual Nat Bk of Oh Nat'l Builders Bank. Nat'l Boulevard Bk. < National Security Bk 90,724 i North Shore Nat Bk Oak Park Tr&Sav Bk Persona] Ln & Sav Bk Pioneer Tr & Sav Bk 200,000 500.000 2.000.000 i 750.000 200.000 200.000 311,730 1,792,132 674.427 300.000 Sears-Corn State Bk. Bkala Nat'l Bank. South East Nat Bank 259,018 78.247 195,220 85,012 86,180 280,954 356,965 375,265 252,668 215,407 366,174 475,358 800.000 1,033,575 200.000 South Shore Nat Bk. State Bk of Clearing. Terminal Nat Bank. Univ St Bkof Ohlc.. 200.000 120.000 200.000 t 298,000 300,000 Upper Ave Nat'l Bk. Uptown State Bank. 300.000 200.000 Western Stf.te Bank. Amaig Tr it Sav Bk. Banco di Naj»oli Tr. i Oblc City Bk & Tr Drovers Tr & Sav Bk Bast Side Tr&Sav Bk Harris Tr & Sav Bk. Lake Shore Tr & 8 Rk 400,000 468,084 75,887 200.000 6.000.000 10,973,453 i 354,176 786.000 i 547,000 Lakeview Tr & 8 Bk. 1.314,274 500.000 696.929 600.000 3.000.000 10,412,565 374,485 300.000 Mercantile Tr & 8av. Northern Truat Co.. Pnl'man Tr & Sav Bk Elgin— Elgin Nat'l Bank 93,875 699,543 100.000 First Nat'l Bank 300.000 100.000 Union Nat'l Bank... Peoria— Cent Nat Bk & Tr Co 170,808 600.000 Com Mer Nat Bk&Tr 2,000.000 660.000 First National Bank. 7,531 ,404 818 ,647 2,569 ,733 5,885 ,732 6,408 ,825 6,347 ,380 7.914 ,821 3,515 ,688 8,091 ,293 4,868 ,672 24,445 ,929 11,743 ,776 957 ,396 227,871 ,386 11,241 ,106 28,570 ,463 15,079 ,429 314,417 .699 8,620 ,096 95 200.000 90,000 150,000 Capital notes South Side Tr& Sav B Quincy— B'dway Bk of Qulncy 111 State Bk of Quincy Common 200,000 174.000 200,000 100.000 50.000 296,000 Debentures Mercantile Tr & 8 Bk Peoples Bk of Quincy S'thSideBk of Quincy State St Bk & Tr Co. Rockford— i Bankers Tr. Oo— 15 30 50 100 100 73 78 138 160 144 Jap City State Bank Cent Nat Bk & Tr Oo 31 170 35 125 135 Ges MoinesBk&TrCo 25 40 100 100 100 100 20 20 100 100 55 65 183 193 23 100 100 50 Indiana Tr & Sav Bk. Lamasco Bank National City Bank. North Side Bank i 260 270 Woodbury Oo 8av Bk 100.000 130 165 N 100 rec 100 sa 5,738,482 892,895 647,285 1,433,313 100 les 60 120" 130"* 35 50 100 30 40 100 437,553 9.580.626 4,784,404 8,035,160 100 565,869 318,001 413,517 9,707,631 5,076,312 11,578,990 100 165 175 50 100 110 120 125 Institutions 100 Peoples Savings Bk__ share. 200 160 225 100 100 110 110 175 100 100 110 100 Nomi nal. Per 3,136,032 100 N o First National Bank- 250.000 230,198 4,622,326 100 re cent sa les Kansas City — Jsmm'l N Bk of K C Common 300.000 1 Preferred 434.000 Exchange State Bank 216,971 200.000 First State Bank 75.000 168,054 71,410 n 8 13,185,037 I 10 I 10 inn 3,240,699 100 1,272,791 118 175 Security Nat Bank-Common 109,000 91,000 489,421 4,792,823 100 150 000 Bk. J 268,473 100.000 Preferred Hlverview State 2,233,918 2,787,710 100 N o 100 100 re cent 835.326 sa les 6,016,727 200 flOO 1100 250" Leavenworth— First National Bank. Leavenworth Nat Bk 150.00C 153,738 248,290 Bk 50.000 27.499 600.000 400.000 420,434 279,142 7,575 70,452 Manufac'rs State i 77.500 7 200.000 Common >.000 I 1.126,641 59,917 191,905 608.294 100 588.602 100,000 100.000 32.048 39,561 6.756,695 9.758.136 1,405,185 1,579,634 125 500.000 100 100 120.000 Valley State Bk Merchants' Nat 1100 \150 53,899 50.000 200.000 Preferred Kaw 10.408,604 U0( 672,630 I 100 559,784 100 2,178,421 Bk 1 1.000.000 1.000.000 1,447,333 21,214.591 100.000 Southwest Nat Bank Union National Bank 200,000 29,196 245,065 75 125 25,352,056 1,121,454 Kansas State Bank. 150 1,003,369 2,356,819 Fourth Nat Bank Common 110.000 Preferred Onion Stock Ydz Nat 150 101 90.000 100.000 i 200 100 3,802,767 | 62', 162' 50 1.075.137 J 158,529 30,325 a02M 1,723,852 100 13,942,950 100 125 100 110 National Banks State KENTUCKY March 29 Institutions March 31 8,149,850 Nomi nal. 1.200,000 Ft Wayne Nat Bank Common.. 693,216 20,669,328 100 Covington— 200. oon 20 15,976,920 Citizens* Nat Bank. re cent First Nat Bk & Tr Oo 250.000 sa 163 Peop-Lib Bk & Tr Co i Co vtngtonTr&BkgOo 509,819 380.000 o 20 400.000 Dime Trust & Sav Bk Debentures 250,000 People's Tr & Sav Co 300,000 Gary— Gary State Bank— i Gary Tr & Sav Bk. i 21,782 1,297,448 1,122,593 11,811,805 900,606 13,916,461 2,440.411 20 tiank of Commerce.. 50 30 i 300.000 271,865 2,842,931 100 1.000.000 Common 41.115 preferred. Fountain Sq State Bk 725,000 f1,389,097 100.000 100 75 100 100 Indiana Nat Bank.. 4,000.000 35,967,385 f 10 I 100 125 10 104,920 A Live Stock Exch Bk. Madison Ave St Bk i Marion Co State Bk. i Bankers Trust Co... Fidelity Trust Co... i Merchants' Nat Bk. People's State Bank- 2,245 187 7,876,741 123,907 305 201.140 1,223 880 200.00f 50,000 65.000 1,250.000 i 300.000 600,000 16 15 alO 100 100 100 Gommon 200.000 In Preferred First Nat Bk & Tr Oo Second Nat Bank {J olon Bank & Tr Oo 350.000 1.000.000 150.000 150.000 Security Trust Co Louisville— 1.000 .000 2.000 .000 1.000 .000 ,189,912 ,711,342 ,609,345 Liberty Natl Bk & Tr il.800 .000 100 .000 eoplo's Bank S -curlty Ba nk 300 .000 Kentucky Title Tr Oo e .000 000 359,522 300 C tlzens* Onion N B. 150 160 Fidelity & Oolum Tr. 846 592 8,448 2,295.235 31,569 362 100 82,686 2,238 012 100 445,536 124,565 3,301 203 4,360 232 100 "55" 100 103 Lincoln Bank & Tr.. 750 .000 Stock Yards Bank.. Lwuisville Trust Co inn onn 282.000 470, 206 First National Bank. 100 220 235 1 500,000 Debentures Indiana Trust Co.. Security Trust Co.. Union Trust Co South Bend_ City Nat Ba & Tr Co First Bank & Tr Co Merchants Nat Bank St Joseph Bk & Tr Co [1,035,843 37,238,671 J100 145 152 795,000 1,000,000 1 399,200 l.OOO.UOO Common 236,491 n 563,138 24,054 100 73,531 1,157,018 379,950 500.000 340" Fletcher Trust Co— 1,179,155 81,087 2,5.58,867 16,351,138 3,920,854 100 173 183" 100 60 70 American Nat Bank. 23.089,973 100 300 325 Ndwport Nat Bank.. 100.000 85,318 155.141 357,126 191,277 100,430 2,380,544 4,233,817 9.096,156 4,572,105 4,675,739 100 5,514,736 100 66,958 49,152 ,011,924 651,011 128,675 ,099,107 105,663 100.000 349,000 500,000 745,750 250,000 200,000 t 10 6H 120 "35"" 115 8 125 * Preferred 250.000 100 First Sale price. Affiliated o cent Citizens e N 142,427 10 4K 10 50 99 3,070,308 2,963,617 4,178,511 100 161" 300 100 175 185 100 320 330 63,577,828 100 8,562.097 100 10 38.496,281 2Vx 23,001,784 10 1,077,071 100 2,632,668 100 4,718,873 100 13.922,666 100 1,485,819 10 15,941,174 1.645.846 250 93 2X 8 265 96 3 10 115 103 140 200 150 ..... 7 100 1,655,816 5,797,488 c 100 35 Newport- c 100 re 240.000 525 .OOP 1.487,849 1 I 13,039,715 137,161 515,361 100 *Z250" 10 Merchants Nat Bk_. Common il 975 .000 fJnlted States Tr Co. 100 Terre Haut6— sa a Union with /March 7, 1938. h Member of Pref. stock retirement price. Fidelity unified certificates. the First g National June 30, Northwest b Sept. 28, 1938. d New stock. Bank of Louisville. 1938 Bancorporation. * capital debentures outstanding. i Common and preferred stock or fc Deposit liability of the St. Joseph Loan & Trust Co. Avas assumed by the St. Joseph Bank & Trust Co. of South Bend, Ind., on Feb. 16, 1939. Nat Bank— Common 750.000 Preferred 250.000 *hare. 16 Citizens Bk & Tr Oo. 400,000 200,000 American Nat Bank- Haute 110 10 i 4,623,590 5,706,255 5,803,555 1,669.419 100 550.000 150.000 462,346 326,262 239,467 87,411 Lexington— 20 Indianapolis— Terre Per N Preferred American Trust Co. 225 100 Fort Wayne- Lincoln Nat Bk & Tr Class share. 75,903 160 150 100 100 Mutual nl .625,000 March 29 150.000 Nat Bank of Topeka Scate Savings Bank. Topeka State Bank WichitaFirst National Bank. March 29 100 Institutions State Butohinson— Fidelity Sav State Bk Guaranty State Bank 40 100 100 2,409,075 KANSAS les American Nat Bank. Citizens State Bank. 40 100 86.912 o re cent sa Topeka— 307,919 14,615,553 1,170,240 1,377,684 1,294,023 934,747 12,100,379 234,217 Central Nat Bank... Central Trust Co 100 100 National Banks March 29 50 50 275.000 ent 35 3,539,347 / 662, i 10 6,250,000 5,290,807 MOO 100 6.803,305 100 6,035,525 0 100 j 50 N City— First National Bank 175 100 639,638 356,906 100 550 100 100 140 540 21,513 500.000 500.000 280,000 281,567 358,892 100 65 209,000 100 400,000 i 100 100 63 Old National BankCommon.. Preferred 10,054,941 4,565,419 300.000 250.000 100 43,523 500,655 143,611 Toy Nat Bank Security Nat Bank.. 1,475,935 732,069 28,571 1100 300.000 250.000 58 130,475 500.000 45.381,987 f 100 100 300 40 784,279 193,612 32,484 49,500 8ioux 988.998 291,391 4,824,798 52 30 145,700 146,700 100,000 50 150.000 285 50 100.000 alUO [100 22,628 280,378 100 50 2,686,568 500,000 i a25 125 50.000 Live Stock Nat Bank Per Franklin Bk & Tr Co Preferred 27 Nomi nal. Citizens' Nat Bank.. I 1,750.000 I 1,250.000 Common University State Bk. 22 Ev&naville— Citizens Tr & Sav Bk 100 1,883,573 100 1,416,806 7,050,476 1,910,511 State 23,025,253 60,973 150 127,699 INDIANA March 29 995,588 i 100 ftno,non National Bonks 550.000 450.000 150.000 Common.. Preferred Amer Tr & Sav Bank 95 50 600.000 100 85 140 8pringfield— Springfield MarineBk (25 2,719,721 Dubuque— First National Bank. 48 300.000 19,237,307 111,072 Valley 8av Bank 500.000 First National BankIllinois Nat Bank 882,555 400.000 150.000 100 20 290,425 500.000 Preferred 100 200,000 246,000 I Common [» wa-Des Moines Nat Bank & Trust Oo: Illinois Natl Bk & Tr Co Swedish-Am Nat Bk. Third Nat'l Bank... 100 100 135 1SH 42,444 105,972 27,322,450 50 185 73 i l;2 >5 ,762 40 17H 44.795 600,000 a 100 125 71 156,065 1,985,054 175 50 81,055 100 100 83,009 50 20 , 100 100.000 100 10,259,584 24.133,885 13,880,274 100.000 . Bank. 100 806,812 1,021,721 1,422,916 , 64,000 36.000 Uarenporc— Da »enport Bk & Tr. Jes Moines— Jefferson Tr &Sav Bk Common Common 875,403 17,708,365 20 / Last sale, in x n Ex dividend. Dec. 31, 1938. . National Banks Stat* louisiana March 29 Surplus & Profits Capital massachusetts Institutions March 29 Gross Baton Rouge— City National Bank 300.000 240,000 Common 300,000 240,000 Preferred j 478,122 j 506,089 10,953,944 Everett— shart. Per Bid Par 10,357,387 /100 \ 80 34,357,806 j100 94 793,827 9,721,669 400.000 427,500 262,431 579,440 261,169 6,483,769 58,041,703 53,563,650 100 100 220 300.000 100 76 500.000 897,348 7,272,191 1,000,000 1,000,000 100 160,000 251,845 168,706 100 10 242,986 2,850,371 1,983,309 3,662,470 200.000 300.000 966,545 198,874 6,258,870 2,197,303 100 275.000 345.000 191,210 7,654,567 j 50 i 50 169,667 2,633,816 rioo 101 n Jil442,998 1,500,000 1.200,000 Preferred j 816,865 Cape Ann Nat Bank. 100 uoo Bk Common Preferred 53,538,746 22% 20 j20 \20 (20 53,739,597 1,500,000 11,087,987 1.200,000 1 2,714,376 197,181 208,000 2.800,000 7,041,120 126,795,020 Common Preferred Louisiana SB & T Co Whitney Nat Bank.. 22% 20% \20 26 28 25 71% 73% Bhreveport— First National Bank. 1,000,000 1,000.000 700,000 Commercial Nat Bk. Cont'l-Am B A Tr Co 1,093,296 816,684 332,666 29,691,093 100 100 125 100 104 106"" o ent les 20 10 ... Preferred Park National Bank 100,000 144.000 Common uo 145 19,724,519 9,135,073 sa Holyoke— Holyoke Nat BankCommon 20 rec Haverhill— Haverhill Nat Bank. Merrimack Nat Bank Nat Bk of Commerce share. 10 Glouo Nat Bk of Glou ©120.000 Glances S D & Tr Co d 290.000 135 125 600.000 Qloucester— Common Ask Per $ Middlesex Go Nat Bk Fall RiverFall River Nat Bank Fltohburg— Safety Fund Nat Bk. 110 New Orleans— Natl Gross Deposits Fall River Trust 25 20 i10 Amer Bk & Trust Co Hibernia March 29 Durfee Trust Co $ $ Common Preferred Louisiana Nat Bank Surplus & Profits State Institutions Nomi nal. Nomi nal. ■ Capital Ask Bid Par Deposits 105 companies trust and banks mat, 1939] Preferred Hadley Falls Tr Co. Lawrence— 62 1100 253,088 510,023,782 20 341,136 6,494,306 25 300.000 453,656 3,913,109 10 14 1.000,000 626,465 11,023,725 25 21% dl .400.000 600.000 Bay BtateMer Nat Bk 25 Lowell— National Banks State maine March 29 Institutions I ippleton Nat. Bank. Union Old Lowell March 29 National Bank Per Augusta— First Nat Granite Bk 7,845,000 9,903,289 701,725 8,624,396 7,137,708 200,000 292,905 999,577 Common 600,000 575,162 deferred 500.000 Nat Bk. 1,000,000 Eastern Tr & Bkg Co 100 N f 20 sa I 600.000 200,COO First National Bank. 400.000 Nat Bk of Commerce 400.000 ies 100 100 105 4,146,214 5.469,130 25 24 26 40 28 31 7,365,527 20 37 40 50 246,640 371,073 65 72 c40 749,277 200.000 40 12,118,390 718,000 500.000 425.000 577,925 493,441 200.000 74,102 275.000 250.000 1.500.000 1.000.000 1.000.000 194.250 723,833 2,911,893 1,349,538 1,905,797 97,986 March 29 200.000 300.000 267,455 324,404 2,284,607 4,440,088 Common. Preferred Union Trust Co Per nal. shore. 6 500,000 386,064 5,081,228 10 4 1,168,842 39,122,460 10 19 d 600,000 800.000 370,000 50 287.500 352,796 175,256 10,254,365 d 3,763,509 1,533,562 100 212,89.5 1,215,250 6,659,524 175,919,195 10 6,203,909 100 4,906,458 11,997,299 30 20 25 32 Preferred Oarrollton Bk of Bait Oommonw'lth Bank. First National Bank. Nat Cent Bk of Bait. Nat Marine Bank... Western Nat Bank.. Colonial Trust Co.. Equitable Trust Co. Fidelity Trust Co.. Maryland Trust Co 80,000 300,000 4.000,000 400,000 252,494 519,167 794,568 568,097 139,308 1,302,308 1,037,221 Mercantile Tr Co 65 98,506 3,403,667 60 946,927 6,717,417 10 50 1 394,000 100.000 Capital notes 99,500 500,000 Second Nat Bank 19,147,839 25 37,980,907 15% Capital notes Citlsens' Nat Bank.. Farm & Mech N Bk. 500.000 11,116,835 375.000 i'238,805 300,000 Preferred 12% 13% <m 100 3,562,275 932,745 515,822 515 — West Maryland Tr _. 100 10% 110 120 126 735 50 130 155 17 l!5 18 26 '65" 60 £>tate MICHIGAN March 29 15 17 8 7% Institution■ March 29 115 1,778,439 4,361,844 1,529,205 10 94,588 295,326 1,694,967 5,705,921 Nicodemus Nat Bk_. d 10 242,853 387,000 200,000 150.000 4,011,875 1,785,297 77,254 massachusetts c25 100 cent les Common Preferred Mfrs National Bank. Michigan Ind Bank Nat Bank of DetroitCommon Common Preferred Bankers Trust Co First National Bank. 27.812, 500 52,590 ,924 652 ,510,128 12% 95 ,130,643 101) 5.670 ,616 3.000, 000 Nat Bk_ 32 ,447,093 20 2,890 ,185 1,500, 000 Nat Rock Bk of Bob Nat Shawmut Bank. 10.000, 000 20,862 ,475 187 ,686,234 12% 25 4,865 ,403 87 ,250,581 2,000, 000 Second Nat Bank.. 39% 12 ,327,187 39% 355 60 63 22% 2.0)0,000 1,000,000 150,000 500,000 22% 3.890, 000 6,654 ,223 Wlnthrop Trust Co.. 700.000 11,130,477 450.000 1 100.00( 141,645 Preferred Beverly— Beverly Nat Bank.. Beverly Trust Co... 300,000 loo.ooo • 8 ,192,856 82 ,215,495 100 Common 255 10 - - 185 26 j 10% 12% 12 100 308,785 4,030,303 74,746 5 1,60a,9o0 100 160 100 160 Heme Nat Bank 600.000 7,938,407 7,211,998 20 668,562 b 6,593,722 4,341,200 487,953 1,293.505 520,619,178 100 300,000 1.000.0GO 20 20 10 20,800,601 21 23 25 9,087,965 21 20 22 3,074,527 5,829,433 20 22 24 20 18 21 101,047 1,438,504 20 10 13 15 i 20 20 l 10 16 J 544,130 j 538,537 11,695,871 j 8,139,843 Tr Co. 10 10 25 20 8 12 372,331 0924,599 2,926,194 60 18 21 677,369 01,775,090 20 13 15 1,000.000 12,079,222 1,375,000 / 121,951 400,000 43,756,922 J I 10 440 167,605 5,911,275 20 23 25 27,693,262 100 245 255 Stock has to be offered to board of directors. price. 10 10 12 20 67 69 savings Retirement deposits. price. d Common and Sept. 28, preferred stock or capital notes outstanding. 1938. / Convertible pref. stock entitled in liquidation to $20 a g i Dec. share. Trust balances. k unfr* t 31, 15 2,368,746 Sale e 400 28 357.000 * 50 18 010 1.250.000 .. 5 Includes 152 17 c20 10 a / Cambridge160.000 i 26 1 01,751,400 10 14 2,576,g91 640,205 403,557 42 24 10 1 i444,297 21,423,950 J I 9,061,757 (7433,775 • 415,461 250,000 1.200.001- SaginawSaginaw State Bank, d liecond Nat bank & c 600,000 d Michigan Trust Co. - Brookton— Brockton Nat Bank 40 25 , ' Grand Rapids Tr Co. Union Bank of Mich 170 100 1 24 10 , Old Kent Bank— Preferred no 10 22 400,000 135,000 Common None 12,331,966 i 40 Peoples Nat Bank- 47 50 a400 32 ,024,945 100 38 500,000 180,000 Preferred 48 "85"" "95"" 795,077 250,000 Nat Bk of Grand Rap Common 230 46 50 RapidB— 136 50 t 215 342,858 *77,511 250,000 400,000 Central Bank 43 50 100 a280 100 2 ,294,053 Grand ent les \1,701,205 011,416,104 , 20 t 20 1 100 0287,868 102,143 100 04,120,532 695,401 Co— Preferred • 50 143,261,597 J 4,149,219 131,219,780 388,268 t29,063 309,660 1 226.340 Common 133 100 2 ,176,562 share 350 Merchants' 1,250, ooo il ,803 ,594 911 ,179 500, 000 i Fiduciary TrustCo.. d 3,307 ,232 1,000, 000 New Eng Trust Co.. 5,277 ,737 Old Colony Trust Co 15.000, 000 437 ,700 400, 000 i Pilgrim Trust Co j2.200,283 500.000 U1610.399 850,000 407,734 1,200.000 372,903 500,000 - Trust share. 0 20 20 1,789,135 656,755,087 7,500,000 113929 728 395,835,585 9,500,000 Mercb & Mech Bank Per Boston— Day Trust Co sa Olt Com & Savs Bk. dl.000.000 Genessee Co Savs Bk 1,000.000 Nomi nal. 35 ,545,238 20 1,800,000 3.610,000 3.000,000 100,000 Equitable Trust Co- Highland Park Trust Institutions 2,000, 000 100, ooo 9,620,423 re Nat Bank of Film 12 ,376,870 939,122 Commonwealth Bank </3,413,575 Detroit Bank Ud Guardian Tr Co. Flint— March 29 14,038 ,821 237 ,685 N Detroit— Preferred 10 486 ,443 10C 900.000 d & Savings Bank Common 10 1.000, 000 2.474.782 6,088,169 100 400.000 51,906 369,987 300.000 People's Oommerch.l Detroit o 100 State her Bay City- Wabeek State Bank. 116 90.000 County Bk A Tr Co. Harvard Trust Co.. '"18"" 110 no 2.000 000 / United Savings Bank Hagerstown— Cambridge Trust C< 130 1100 1,000.000 11,905,277 534,299,540 ; Preferred 100 5,053,725 5,358,045 108,140 150,000 Farmers & Merc Bk. pref_. 14,198,416 1100 - 530 914 10 413,743 48,558 48,300 150.000 Preferred Street Tr Co.. 25 25 Tr Co Bay City Back Natl of Bay City 63 100 6,950,405 117,667 75,000 Common U S Trust Co— Common 100 10 -mm 210 50 1,522,813 230,961 100,000 125.000 Fr'k Town Sav Inst. Columbia Trust Co.. 54 30 4,998,798 National Banks _ Frederick Co Nat Bk Boston S Dep & Tr.. 25 0 Common Common Frederick— Web & Atlas N Bk._ 54 69 67 {.!° 5,883,713 70,598 Y 150,000 294,000 Common.. March 29 Bristol County Tr... ^lass A Liberty Trust Co— National Btinks Machinists' Nat Bk. Worcester Co 57 75 100 160,144 275,200 ,321,780 Common Hagerstown Trust Co 8% 305 290 25 m 6 55% Peoples Bank— Second Nat Bank 10 100 — Guaranty Bk & T Co 4 10 2,036,210 37,522,880 ,693,854 600.000 d First Nat Bank 8% 10 Mechanics Nat Bank "75"" "90"" 10 23,000,763 1,831,441 33,119,171 41,763,337 2,000.000 3,000.000 Real Estate Tr Co.. Convertible 100 Nomi nal. 1,000.000 11,263,790 1,600,000 ,889,020 1,600.000 Capital notes Dep & Trust Co Taunton Worcester— 23 20 600,000 750.000 400,000 2,000,000 1.000.000 Common Union Trust Co Cumberland— WestSp rlngriuld Tr 25 Common State 1,909,759 33 12 Baltimore Nat Bank Safe 10 37 7% 42% Bait Comm'l Bank.. Calvert Bank Canton Nat Bank.. 48% 7 200.000 L. Third Nat BfcT Oo__ March 29 Baltimore— 20 8alem Springfield S I> & Tr. Nomi 235 34 Maumkeag Tr Co— Institutions Stat' 350 50 7,053,096 20 10,286,767 5,778,664 12% Springfield— maryland 100 100 100 14,510,525 29,291,302 14,598,446 13,876,018 2,185,496 .. Soringfield Nat Bank d2.000.000 National I anks 50 100 Peabody— 50 75.000 Preferred B_ d 223,560 Lynn 8 Dep A Tr Co Security Trust Co New Bedford- Merchants Nat Ban! 500,00(/ Preferred A i604,896 774,948 Warren Nat Bank Portland Nat Bank— Common 470,650 First National Bank. 8,853,312 500,892 201,150 1 3,015,882 5,492,926 53,686,690 59,245,382 200.000 250,000 100.000 400.000 Merchants Nat Bk.. Safe Deposit Nat Bk d 20 o re cent Caaco Bk & Tr Co. 3,074,788 i 50 149,579 311,769 Manufac'rs Nat Bk. Bssex Trust C o Merrill Trust Co— Portland— Canal National Bank 200.000 190.000 Preferred 35 33 25 Bangor— Merchants' Central Nat Bank— Common 100 13,576,254 share. 10( 439,785 503,267 825.000 I Depositors' Trust Co 25% Lynn— Nomi nal. 1938. I Last Sale. Affiliate of First National Bank of Boston. o June 30, 1938. 106 BANKS National Banks March 29 MINNESOTA Capital AND TEUST COMPANIES State Institutions March 29 National Banks Gross Surplus & Profits Par Deposits Bid Ask State MISSOURI March 29 Ca pital Surplus c£ Profits Institutions March 29 Gross Bid Par Deposits Norn inal. Duluth— Per Bank of Oomra & Sav City National Bank. k Duluth Nat'l Bk First & Amer Nat Bk 36.460 share. ^.ouis (Concl.) Telegraphers Nat Bk 500.000 100 Tower Gr Bk & TrCo 1,253,465 1,000.000 1.000.000 232,711 473,703 47,380 18,229 5,848,072 10,942,789 1,051,424 907,232 100 126,429 34,351 2,255,630 1,820,916 1.714,280 136,097,977 1,027,323 5,545,307 15,487,193 1,945,413 ; 200,000 2,000,000 50 Pnited Bk& Tr Co__ 100 o 400,000 1,000,000 Pioneer Nat Bank "Western Nat Bank__ k : 100,000 100,000 Ohippewa Trust Co. A iaston-Taylor Tr Co A les Undell Trust Co 490.000 100,000 Central Nat Bank.,.. k Fifth No'west'n N B. e 150,000 100,000 36,388 7,531,722 33,219 First Nat Bk & Tr Co ft6,000,000 66*3 merce 100,000 Hennepin State Bank 6 Marquette Nat Bank k 369,000 Midland NatBk & Tr AT,000,000 ft 290,209 494,991 44,375 100,000 Nat'l Bank- ftlOO Miss Val Trust Co.Mound City Tr Co e... North St Louis Tr Co el 00 ft 250.000 Vferc Com B & T Oo- 10,000,000 Vlercantile-Com- 100 Minneapolis— Blooming'n-Lake NB ft ^ A ebsterGroves Tr>_ 20 Common 100 41,137 15,036 Itkens' Bank "'nloD Nat Bank A 290,000 592,500 421,997 ftlOO Southern Missouri Tr A 100,000 92,414 e 100,000 129,882 4th Northwest Nat'l. k 125,000 140,311 University State Bk. k 85,600 43,751 Third N'west'n N Bb e 1,346,879 ft * National Banks 200.006 404,852 No re cent 100 100 26,349.096 100 4,482,297 7 58,277 100 1,886,184 7,374,400 119,726,513 £7100 115,500 sa les 465,909 £71,000,000 10M e 10 M 25 H I National Banks MISSISSIPPI March 29 State 100 20 "26" 100 175 100 2,624,954 10,182,223 2.420,215 100 100 State Institutions March 29 0 12,336,774 100 re cent 41,642 1,205,704 100 sa les 586,659 12,555,718 0-,.- 269,151 9,019,649 (7100 123,313 6,614,851 q 100 100 100 0 Preferred 230.000 National Banks Per 50,000 740,000 i 297,000 14,739 414,222 411,395 899,102 12,291,213 8,097,394 260,000 332,500 239,50.) 117.753 163,055 99,418 600,000 300,000 Oommerc'l Bk&TrCo Depos Gu Bk & TrCo A Jackson-state N Bk. A State NEBRASKA (100 1100 Tnstilutions March 29 Norm Lincoln- share. 9,565,943 (30 140 50 + 10 1234 First Nat Bank 242,343 10,505,349 /100 490.446 21,186,085 10.747,495 100 150 165 100 240 260 27,832.465 13,441.474 2ft 36 100 100 190 ,081.271 450.000 512,724 Common Mer Sr Farmers Bank A 1,50ft 000 ,708.427 Preferred 500 000 45,568,230 f 100 1100 117,000 83,000 67,892 2,397,508 (100 50,000 56,220 380,000 270.000 114,152 el. 100.000 .137,764 140 160 Live Stock Nat Bank 125 150 3,344,436 3,152,201 4,175.907 100 80 85 50 68 70 50 51 54 141.2281 5.898.187 8 Merch NatBk&Tr Co 304,037 5,270,860 100 Common South Omaha Sav Bk 125 150 e Preferred March 29 MISSOURI State O 8 Nat Bank Institutions No mi nal. Per 100.000 69,225 1,956 ,219 600,000 cl.888,541 24,426 ,490 600,000 152,366 6,108 ,343 6,000,000 5,055.874 161,928 ,017 100.000 63,827 1,159 ,653 2.000.000 4,963,768 120,678 ,042 500,000 1,399,308 20,203 ,141 100.000 72,133 1,617 ,800 200.000 198,809 3,291 ,265 City N at Bk & Tr Co Columbia Nat Bank. Commerce Trust Co Community State Bb First National BankInter-State Nat Bank Llnwood State Bank. Merchants Bank 100 300 NEVADA share■ 107 100 345" 100 68 78 100 130 140 100 70 90 100 450 100, Nomt nal. 295 100 100 135 100 200 Reno- Common 200,000 Capital notes. 196,000 I 100,000 100,000 50,000 200,000 100,000 Preferred Park National Bank. Plaza Bank of Oomm Produce Exch Bank. (Southeast State Bk_Routh Side Bank— Common 1 225 National Stock Yards Nat Bk. 36.470 83,957 104,540 60,812 30,286 i 400.000 k 284,328 1,380,997 /100 (100 100 1,610,633 115 3,045.307 100 100 90 110 100 65 75 600,261 1100 1100 100 6,096,379 150 00f 883.681 539.305 200,00' Merchants Nat Banb 101) sa 502.133 5,928,384 100 5,971,264 100 6,768,103 100 50 Nashua Trust Co... 9econdNat of Nashua A 200,001 4 00.00' A 600,000 512,173 564,326 '266" 225"" 250,000 75,000 j 100,085 200.000 30,974 Common Preferred New Hump Na» Ufc J10 115 100 150 864,451 100 75 191,512 2,024,372 100 100 Boardwalk Nat Bank 100 8,398,400 62 H 1 c 200,000 500.000 422.479 7,478 ,729 3,910 ,474 7,503 ,995 100.00C 250.00C 200.001 151,566 2,980 .903 103,910 268,124 200.000 104,968 129.000 69,820 3,666 ,095 7,685 ,320 2,887 ,400 1,221 ,388 St. Louis— ..... 107,500 I c72,785 92,500 ' 275,000 38,998 2.000,000 c2,144,412 400,001 324.398 300.001 217.734 A Boatmen's Nat Bk.. Bremen Bk & Tr Co. Cass Bk & Tr Co First Nat Bank 10.200.000 Industrial Bk&TrCo 750,000 Jefferson Bk & T CoCommon Capital notes Bank.. 50 60 sy2 10 H National Banks State NEW JERSEY March 29 200.000 200,000 600,000 86,730 100 o Institutions 100 cent Preferred 100 Preferred (20 4 20 100 Asbury Park— Asbury PkNatBk &Tr A Asbury Park & Ocean 6 15 70 2M 100 100 Seacoast Trust Co 100 3,209,746 J100 145,698 34,749 572,711 249,903 296,236 344,585 500.000 - No'western Nat Bk. 450,000 Plaza Bank (The). 720,000 200.000 34 M 68 95 Sec Nat Bk Savs&Tr 350,000 Commerc'l A & Savs Bank 154,682 685,894 163,669 4 1,468,537 rioo 1 10 Bayonne— Broadway Nat 13k Bayonne Trust Uo.. A 580.500 219,574 5,564,356 100 55 65 156,890 108,973 2,646,235 1,089,807 10 5 10 5 3 4 200.000 400.000 38,859 349,420 1,828,753 9,855,573 50 244,100 575,000 249,500 89,231 246,674 2,191,971 4,882,530 1,507,372 100 75 100 30 100 70 35 80 20 8 12 "34|| Brldgeton— 72 Brldgeton Nat Bank. Cumberland Nat Bk. 55 6,735,604 a A 109,467 Retirement price, ft First National Group. 1,007,871 /100 1100 a 100 c 20 15 17 5,959,901 100 80 85 50 48 51 20 18. 19H 20 24 27 100 160 180 Southern Dec. 31, 1938. d Owned by the Transatnerica Corp.. San 11,164,663 9,426,076 7.132,227 3.712,418 16,479,522 a30 300,000 100.000 Grove Bank "34" 90 17 225,000 1,184.565 Common 100 20 251,404 Kquitable Trust Co— 100 20 500,000 150 1,545,434 (100 1 10 10 5,483,926 90,126 343.783 : Guarantee Trust Oo. les s Share. 100 5,896,884 727,185 120,000 Farm & Mer Nat, Bk 600,000 Manchester Bank les March 29 Per 400,000 Common Bank & Trust Co sa Nomi nal. 120 2,283,985 2,59.5,701 54,946,658 5,288,994 5,523,521 8,679,134 231,563.997 431,011 11,870,954 50,000 50,000 Preferred 0 re cent 100 Too*" Lemay Ferry Bank— Common N 100 1,343,119 Atlantic City— Amer Exch Nat Bank Common 105 Bankers Trust Co— 100.000 _. 300 1135 100 3,115,457 (100 150 212,120 263,010 200.000 Missouri Vail Tr Co. les First National Bank- 1.364,548 American Nat Bank. Burnes Nat Bank FlrstStJofrSt'kYdsBk Tootle-Lacy Nat Bk_ Bmplre Trust Co. a Portsmouth- 65 25.031,967 100.000 South Side Nat Bk— re cent 288,771 A 125,172 18,176 Pniversity Bank Westport Ave Bank. 3t. Joseph— Mptual Bk A Tr On N 100 Nashua— 139,983 100,000 First National BankFirst Trus< On share 100 4,829,711 3,386,247 2,657,831 Indian Head Nat Bb 697,035 1.100.000 Baden Bank.. State Institutions March 29 Per Manchester Nat Bk 120 2.811,125 1,187,893 share. 100 Nomt nal 200.001 550,000 Preferred Union Av Bk of Com _ 28,430,108 NEW HAMPSHIRE Amoskeag Nat Banb 130 1,000,000 \ Union Nat Bank— Common 1,149,664 170 City Nat'l Bank 600,000 Manchester— 58,189 ■ 50,000 1 50,000 100 8,068,631 Banks March 29 . J 100,000 Preferred-- 346,086 Per First Nat Bk of Nev_ d Merc Home Bk & Tr Missouri Bk & Tr Co Common 25 7,401,882 1100 1100 100 26,816,900 March 29 Kansas City— Bank lion 928.774 Stock Yards Nat Bk Common National Banks 200 Packers' Nat Bank: Preferred A 38 Omaha Nat Bank— Vicksburg— First Nat & Tr Co alOO 1100 809,908 1,500,000 100 100 Meridian- Citizens Nat Bank.. A First National Bank. A sha• e. Omaha- m 10 312,500 290,000 935,000 300,000 e Preferred First National Bank. Nat Bk nf Commerce 60 nai Pet Continental NatBk— Common Nomi nal. Preferred c Institutions 565,796 share 250,000 I Q First Nat Bk <Sr Tr Cc March 29 300,000 1 100,000 1 nal. 862,646 100.000 300,00( 100,000 Common Jaokson Gate 50 Union Bk & Tr Co— Capital National BkCommon 5 26^ 5,074,598 3,113.022 3,065,742 March 29 4H 25 100 Helena— 4,937,373 J100 1100 (7100 ... First Trust Co. Manufacturers 100 600.OOf Sec Tr ft Savs Bank. Metals Bk & Tr Co 100 7,562,211 5,447,123 elOO 292,408 , 2,246,900 222,027 189,438 EmpIreNatBk&TrCo ek 455,000 Stock Yards Nat Bk. A 300,000 Midway Nat Bank— Common 100,000 Preferred 147.600 Jeff-Gravois 38 130 Butte— First National Bank.* £70,000,000 First State Bank 0 100,000 Preferred 35 128 600.000 Miners NatBk Traders' 20 100 203,583 160,867 208,822 1 50.000 First National Bank Baltimore 80 N a Montana Nat Bank. 759,741 | 100 Per American Nat Bank. Al.688,000 Commercial State Bk A 150,000 Drov ExchState Bank ok 200,000 4,686,227 £7100 1,842,100 72 6 Norn 154,635 75,370 68 20 Billings— 200,000 125,000 Nat Bank St. Paul- 4,610 MONTANA March 29 1,112,111 e... 1,584,234 el 00 2,884,168 elOO 1,208,004 Midland Nat Bank.. Union 30" 100 7M e — Bochester— First National Bank- 28 Springfield— 1100 100,000 50.000 ft 120 20 'I 100 el 00 t4,120.879 115,356,710 (100 5,000,000 1,500,000 •_ Preferred share. 100 366,873 5,867,076 ,056,540 103,783,333 25,682 2,705,441 336.582 4,253,992 218,095 2,993,536 350,000 6,000,00) 245,431 300,000 100,000 N'western Nat B & T Produce State Bank. 2d N'west'n State. 214,229 4,622,601 839,267 15,890,407 349,703 , 9,564,275 205,303 3,199,931 44,551 3,154,366 243,614 5,693,938 ,259.153 170,919,829 340.000 100 Per $ 100 331,711 40,058 cent Minnesota Nat Bank of Duluth__ Northern Nat Bank. Minnehaha Nat Bk St. 800,926 6,659,748 1,989,589 27,075,435 10U.000 600.000 Ask Nomi nal. e . <7 Francisco, Calif, Membej of Northwest Bancorporation. Member First Bank Stock Corp. i Sept. ■ , 28, 1938. A Preferred stock and common stock or capital debentures outstanding, I Last sale 421,000 64,462 400.000 216,594 3,202,152 100 50 4,769,947 20 19 0 American National Bank of St. Paul affiliate. .'Member of the Guardian Detroit Union Group Inc., Detroit. Mich. National Banks Surplus Capital ; Ask Bid Par Deposits State NEW YORK March 29 March 29 Gross & Profits National Banks institutions NEW JERSEY March 29 107 COMPANIES TRUST AND BANKS MAY, 1939] Capital Surplus & Profits Institutions March 29 Gross Par Deposits Bid Per share. 1,098,696 Bank & Trust Co. d 222,500 k 77,007 Oamden Trust Co.... d2,734,750 1,467,378 Per Auburn- 3 K 4 % Nat Bank of Auburn Auburn Trust Co d 1,308,984 33,351,035 2 4 Binghamton— City National Bank. IK 400,000 695,000 First National Bank- 10 % 3 200.000 52,649 95,600 769.165 300,847 Common Preferred 17,971,737 I % 1% 1 2* Elizabeth— 6,797,752 15,853,641 3,918.075 20 5 25 12 36.304 40 2 d Elizabeth Trust Oo. 927,592 k 230,758 Union County Tr Co dl. 114.345 *1 ,492.264 4,452,313 10 12,079,766 1 2,296,132 10 Kllzabethport BkgCn d 400,000 70,311 137,328 National S tate Bant dl.294.000 Home Tr Co d 500,000 _ 500,000 k Seaboard Trust Co.. 368,164 Bk 550.000 _ _ Trust Oo of N J— Common 400,588 100.000 86,827 3,183,057 28,611 3,400.000 100,000 k 600,000 4,000,000 Preferred A J/5988,507 51,568,334 r30 5.000,000 <8,000.000 % VA 5 r Ithaca— First National Bank. 230.000 17,540 2,789,651 50 500.000 Z50 592,OSS 7,335,940 6,374,492 1,720,212 25 National Iron Bank. American Trust Co.. 339,398 321,856 25,240 814,608 9,502,435 15 Union Nat Bk&TrCo Farmers' Trust Co.. Newark— 200.000 448,954 110,723 150 100 100 100 389.404 9,558,604 25 16 31,616 6,689,544 1,251,452 8 45 2 41,484, 498 100 55 24,597, 338 100 500 3.009 927 25 16 Mt Prospect Nat Bk. d 122.837 812.273 136,082 108,392 505,658 2,040,406 1,186,121 4.097,285 6,425,037 V Nat State of N 3% 2% Bk 1 550.000 * Kingston Trust Co.. d City— April 27, for National and of banks and tr ust found in our "Rai are 10 of 19 8. 6 10 22 23% \malg Bank of N Y 25 17 18 nnn Deposits N Bank of New York.. 1,022 ,425 152,150 10.262 377 25 b 867,500 392,336 25 N o 300,000 151,912 10,567,031 6,253,225 100 re rent sa )es Grace Nat Bk of N.V 1,786.227 10 4,611,833 100 4 Peoples Nat Bk Bk of the Manhat Co 50 25 "I«f" "Is"" 14 11 New Brunsw TrCo— Common 471.273 Preferred J* 105,343 North & West Hu dson— 289,283 k IstNat Bk of U n City 4 Nat Bk of W N Y— 100.000 1 Common 251,017 Nat Merchants Bk of N.Y r30" 10 50 2,089,639 r5 0 142,109 27,605 1,406,247 100.000 500.000 31.762 377,288 1,270,740 6,072,739 598.500 100.000 121,075 108,468 400.000 382.070 Huds Tr Co Un City. nl.000.000 145.000 Woodcllff Trust Co.. d 905,982 17,997 5,835,19! 3,554,402 8,736.850 24,373,214 1,487,274 of Weehawken Weehawken Tr Co 2,036,474 l.OUO.OOO 348,231 People's Bk & Tr Oo. Plainfield— First National Bk Plainfield Nat Bank. 261.927 d 100 247.500 c Common c 680.000 Preferred Bank.^. Paterson Sav Inst... 1.500.000 400,000 date Mar. returns co. 10 13.55 29% 8 160 720 100 1655 100 50 22,704,853 950,043,630 Chemical Bk & Tr Co 20.000.000 *55632 652 567,760,353 100 sa 3.929,367 100 N o les . 55 60 60 loo" 190 12 20 50 6 > 50 30 "35" 25 60 68 , 50 160 \ 50 1695 100 600,000 * 162,200 "97" 103"" 40 45 23 % 24 11K 13% 9 % 11 20% 28% 22% 14K 24% 17 % 47% 49% 50 257,500 7 20 Bank 31% 154 6 SO 1.000.000 Bronx County Tr Co d2,642,500 * 10 4 5 86% 43 M 89% 45 % 52 58 9% 12% 52% 11% 14% 53% "ll% 12% Farmers' 10.000 .000 750 .000 Colonial Trust Co... 1,000 ,000 Continental Bk&Tr. 4.000 ,000 Corn Ex Bk & Tr Co 15.000 ,000 500 ,000 Corporation Trust Oo 3.500 ,000 Empire Trust Co.— 500 ,000 Equitable Trust Co. 825 ,000 Federatlc u Bk&Tr Co Fulton Tr'"t Co 2,000 ,000 20 59,177,473 14,856,730 420,500 9,072,200 8,566,214 451,563 4,332,397 61,519,133 20,104,570 309,286,804 * 342,410 32,300 3,761.613 66,932,204 fc 581,500 268,300 1,126,318 11,511,697 *2,827,027 23,198,431 1.000 .000 1,459,735 11.269,287 Fiduciary T* ost Co.. 90,000 ,000 182956690 1670216 227 Guaranty Tr, st Co. 414,226 Hellenic Bk & Tr Oo. 3,155,419 1,000 ,000 50.000 000 *52935 003 593.282,361 Irving Trust Co 19,856,238 Schroder Trust Uo_. 1,631,555 1.000 ,000 1,916,340 38,955,164 2,000 ,000 Lawyers Tr Co - .... Trust 17 45 100 Cent Han Bk&Tr Co 21,000.000 71.647,938 City 415 100 "Jo 4 25 15% 40 100 6 25 405 66*j 3,906.600 25 1,308,910 2,188,184 13,502,736 16,509,285 29.852,789 100 100 653,314 14,947,665 1.000,000 * 214,524 617,938 25.000.000 79,755,552 984,016,001 Bankers Trust Oo 13,891,046 flOO and 29, 1939 9 Co d 60 25 * * 10 20 100 10 25 10 100 200 215 100 100 100 10 _ 404,843 5.634,109 32.998,440 Common Convertible pref__ '237* 9% 242" 103* 100 25 26" "29" 20 k 139,602 8,534,546 I 591.000 Preferred 247,074 k 345,412 c -10 3,188,762 25 13,074,750 1100 > 750.000 "referred n2% 112' 575.001 600.000 4 U S Trust Co— Common 11 25 3 35 50 Trenton— Broad St Nat Bank. 41.009.nne First-Mecb Nat Bk. 43,145.000 200.000 Prospect Natl Bank. 200.000 Security Nat Bank.. 53S.734 2,428,559 54,803 71.507 1.590.000 *1,180,821 41,874,000 * 363,440 100 40 50 41.730.686 10 1,064,866 1,256,813 21,293,621 22,495,030 100 3 15 18 100 20 25 60 65 35% 1 4 Jamaica Nat Bank.. d * 552,665 First Nat Bk A Tr Co 200,000 445,569 Woodbury Trust Co. 100.000 * 405.212 2,835.061 2.922,516 1,650,027 10 a 50 Sale is $1 10 price, par YORK State < Per Albany— 1,408,027 5,662,573 4,607,236 539,829 security 3,270,800 Midland 100 100 80 100 1575 90 1625 100 Corp. N.J. stock. Common and preferred stock or capital debentures March 29, outstandii g. 1939. Controlled by * Dec. 250.000 12 (.! /April 22, 1939. Institutions March 29 No mi nal. 1.500.000 Stats Bankof Albany d2,600,000 First Trust Company d] .Qsn.non 200 pref. stock of the Realty & Security Co. Includes e Nat Com Bk & Tr Co 53 100% Preference stock. d NEW 361,200 t Marine c ^nnk» 97 K Only outstanding stock of People's Bank & Trust Co. of Passaic b March 29 37% A ** /8 Jamaica. L. I.— Mechanics' 100,000 25 25 51 2 14,685,655 Woodbury— Bank ,20 5 000,000 . 70 10 [ 45129357 690,205,471 9,244.520 9.262,504 111,525,790 New York Trust Co 12.500.000 27,900,462 372,537,992 Pan American Tr Co 6^0.000 * 4,396,900 142,100 2.500.000 *5,560,800 115.847,500 Savings Banks Tr Co Title Guar & Tr CoCommon 18,167,012 6,000,000 2,428,905 Debenture notes.. 7 534 746 Trust Oo of Nor Am. d 750,000 258 340 7,243,132 Underwriters Tr Co. 835,518 11,844,746 1,000,000 U 8 Trust Oo of N Y 99,340,330 2,000,000 '28.796,925 Marine Midi Tr Co 600.000 Me^h & Farmers Bk_ d 30 a repo rtcd net Mfra Trust Co: Common National ies 2,505.343 c24.776.113 1.737,395 e27.769.473 ~~25 325,541 c 7,017,040 12% 6.000.000 B'kof Montreal Tr Oo — Citizens Trust C'o— & Bkg 7 M — re cent 45,000 National 108757 085 10 1 100,000 Farm cent 100 54,551,000 565,821,000 930,357,106 * 5,482,600 9,271,900 175 100 57,980 3,830,282 Banco dl Nap Tr Co. 25 34,598 1.276,011 l,OU0,UUU 835,549 1.000.000 *2,062,517 Common Banking Oo re sa 100 133536151 2473829000 8.375.903 92,708,000 Bk of Athens Tr Co. 5,545.928 1,133,358 17,680.993 293,000 600,000 Preferred Trenton o 10 100 25,800 * 5.889,700 13,746,918 185,931,000 26,271,600 529,687,000 774,573 e 6.833,157 6 Prospect Pk Nat Bk Trenton T-ust Oo <50 York Ci ty banks are 4 4,228.609 535,537 100.000 ew 4 2 580,000 Patereon Nat Bank.. 100 2 First National Bk— Hamilton Trust Co.. Corp. Trust 20 Paterson— Haledon Nat Bank.. 4 Nat Un Bk of America 4 360 15 20 7.145 425,000 d 300 20 7% 100 129,581 53,733 559,011 57,152 c c Second Nat Bronx Bank Clinton Trust Co lOw.UOU Mid-Olty Trust Co.. d Plainfield Trust Co.. 41,150.000 State Trust Co 29,867.815 5,345,088 Nat Schroder Passaic— Passaic N Bk&Tr Oo d2.250.000 521,365 1.500.000 2,075,969 400,nnn * 247,400 d 275.300 775,000 Sterling Nat B & T.. Trade Bank of N Y_. Bank Liberty National Bk Guttenberg Merchants TrUnCit.y Comw'lth Tr Un City Gutt'b'g Bk & Tr Oo 10*) National City Bank. 77.50n.uiKi 61,383,114 1932946000 12K 985,700 '115.949,300 12 H StatSafetyBk& Tr Co dl 014,300 Penn Exchange Bank d500 000 269.301 <? 3,087,4.59 10 Public Nat Bk&TrCo 7.000.000 9,497,500 138,731,000 17 % 40 50 31.002 50,000 Preferred Hamilton 8,435,511 3,920,393 4,849,332 «5<i nnn * . West Side Trust. Co. New Brunswick Nat'l Bank of N J 102K 7 600 .000 336 .300 d r20 100 Mar. 29/39 Sur olus and p rofits are of dan March 29, 1939 for Slate banks, a di ridcnd record Broo klyn m ay be companies in New Yo '■* City and 202. 201, Iway Secli 011, pages 1 97,198,199, 200. United States Tr Co. _ 6 5 25 1939. 6,000,000 20.000.000 Bank of Yorktown.. 1.000,000 Chase Nat Bank 100,270.001 Comm'l Nat Bk & Tr 7,000,001 Fifth Ave Bank 500,000 First National Bank- 10,000,000 Union National Bk 60 N 150,000 ft Bank- 10 150,833 1,504, 023 .412,428 33,961, 738 .925.465 154,765 723 .593.805 17,769, 269 146,120 3,517. 902 4,724, 124 571,686 2,500 .000 25 County New York Merch & Newark Tr. 60 5 445,650 Ulster Rondout Nat Nat Newark & Essex Fidelity Un Tr Co... 47.250 .000 57 10* 12,784,903 200 000 19 884 000 1.622 .500 | 325,840 2 in nnn 525 Franklin Wash Tr Co d 526 .980 20 5,524,828 9,217,334 797,403 176,600 434,386 60 Lincoln Nat Bank... 600.000 301 .000 23~~ 4% 5 .325,420 ,905.291 619,498 41,232 Columbus Trust Co. Federal Trust Oo 10% Kingston— 1,457,760 150.000 National State Bank d Clinton Trust Oo <32 t 10,903,565 15,423,679 14,547,174 178,331 523,341 500.000 Bank of Kingston. 500 .000 73 % 1520 21 400,000 "A"__ "B"__ first N Bk of Rondout Bank of Commerce of 3.000 .000 10 Nat Chautauq Co Bk Trust Co Nat'l ... 54 68 % 9 The First Nat Rank. 725"" 50 47 50 100 100 1480 7 250.000 245,000 75,000 200.000 Debentures Debentures 50 50 100 Bank of Jamestown— 10 3,001,256 1,616,897 100 100 10 650,000 Union 100.000 k 75 amen town- Common 200.000 k 33'1 10 550.000 Tompkins Oo Tr Co. J Long Branch Bkg Oo MorriBtown— First National Bank. 600.000 100 3,202.200 50 50,461,973 «nn nno 1,881,615 1,003,937 792,000 1.237,500 * 770,545 Elmira Bk & Tr Co.. wirst Nat Bk & Tr Co 100 Banking Oo Tr Co. 'mnrnuncr Can Tr Co "27" 15 Long Branch— Morristown Trust Co Mt. Holly— 1939 29, fSimlra— '16" { 2 date Mar 29, 1939 3,101,800 2,917,142 148,673 2,172,426 7.945,804 91,539,002 7,666,639 158,877,580 2,200,000 12,895,352 Marine Trust Co 5% 25 50 t 4.068,600 8.748,400 5,733,400 8,200,000 5,769.046 118,844,917 500,000 *6,335,155 47,429,342 Debentures 2,500.000 Lincoln-E Side N Bk d 200.000 6 32,199,645 I 25 1 30 100 1,115,361 25 59,891,256 50 859,490 *250 100 Liberty Bk of Buffalo 53 Mfra & Trad 1,250.000 1.600,000 "4% 100 384,800 son nnn Common Hudson Co Nat Bk— Common Preferred 160,200 93,835 77,500 365,400 209,800 240,000 Lafayette Nat Bank. People's Nat Bank Brooklyn Trust Co.. 3% banks Mar 225,000 Kings Co Trust Co.. Buffalo- 2% 50 100 43,695,799 3,533,945 37% st Co. retur ns 900,000 Citizens Bk of Bklyn Flatbusb Nat Bank 4% 100 zoo.oun d "5" Jersey City— First National Bank. 2,225.000 1.261,955 Franklin Nat Bank.. d 400.000 k 238,272 Newark Sensonhurst Nat Kirgsboro Nat Bank "15" Hoboken— Bergen Trust Co Commercial Tr N J North Bergen Tr Co. 9,593 663 10.232,138 8,032,016 National Sav Inv & TruBt Co: Central 917,982 384,349 577,445 share 100 Brooklyn—State B ank & Tru 45 2,919,284 33 K 6,330,164 6,133,439 600,000 <500.000 Marine Mldl'd Tr Co East OrangeAmpere Bank & TrCo 359.159 139,238 400,000 24,078,316 12% Oamden— FlrstCamNatB&TCo d2,177.891 Merchantville Nat'l Ask Nomi nal ftomi nal. share 2,929,707 100 100 100 425 245 252 in 30 35 450 Marine Midland Corp, / 1938. I Last sale. n Consolidation of the Columbia Trust Co. of Hoboken into the Hudson 650 57,102,425 88,662,404 26,940,746 31, Trust Co. of Union City r Preferred stock approved by stockholders', retirement price. 108 BAM8 National B^nks NEW YORK March 29 Capital State AND TRUST Institutions National Bonks March 29 Gross Surplus & Profits Deposits $ $ • Par Bid Ask Capital $ Per share. Centrai Trust Co— Common 69,354,152 f J2,198,465 16,840,446 J 224,365 3,000,000 Capital 1.000.000 notes & 49 1 45,563,081 t> jl,139,713 200,000 253,590 Union National Bank J 352,882 400,000 360,462 Citizens Trust Co— 300,000 750,000 508,849 1.200.000 Preferred Schenectady Tr Co.. Syracuse— Lincoln Nat B & TCo Merch Nat B & T Co Common 750,000 150,000 National Banks 85 Preferred First Trust & Dep Co Common e4,691,844 Syracuse Trust Co.. Common 1,000,000 Capital notes 1.400.000 Troy— Manufactur Nat Bk. el ,400.000 National City Bank. 600.000 e 100 22,021,450 20 1,485,528 297,000 1,000,000 990,000 600.000 194.000 j 520,255 400.000 127,348 Common Preferred Water town— Jefferson Co Nat Bk Watertown Nat Bk— Common 210.000 PreferredNorthern N Y Tr Co 109,000 32,952,231 13 4X 10 Common 600,000 200.000 Westchester Co— Bronxville— Gramatan Nat Bk & Tr Co. 166,641 200,000 350,000 e 115,000 300.000 e 646.000 First NatPrnk 16*» 4 50 6 .50 pis Ossining Trust Co... 170.000 Preferred Westches Co Nat: 30,000 Common 100,000 35 o 20 10 100 125 92,324 326,715 2,106,165 4,371,409 1,428,412 14,491,807 ■20 1,869,512 2,563,913 IX 400,000 200,000 188,350 6,000.000 a 1,286,750 236,575 147,659 5,202,446 9,359,709 3,035,637 100 270 100 87 1,500,856 10 80,685,110 100 136 142 87 225 240 145 50 ,519,619 280 93 6 X 100 100 50 e 575,000 ,025,928 ,288,040 ,203,285 ,778,330 ,093,289 ,586,539 ,247,982 320 ,551 3,354 ,916 1,011 ,538 1 20 28 10 1 20 *X 370 ,771 2,283 ,060 e 02 X 55 100 '"26"" 10 28 100 146 154 100 140 150 10 5 100 73 77 3,744,444 100,218,050 1100 U-: 92 07X ,816,313 OX Co- 5,000.000 2.000,OCO 353,700 300,000 5,000.000 ^1,265,062 7.840.000 250.000 4,936,000 100 220 124,313,061 [ 20 5 1 260 100 60 20 22 X 24X 100 2,980,141 28,372,028 1,613,568 100 1,845,264 165,537 1,600.000 100,000 200,00t Huntington Nat Bk. Market Exch Bk Co. e 152,276 2,849,847 e3.600.000 200.000 North ern|Sav Bk Ohio National Bk... 66 55 100 10 54,254,219 3,833,900 1,617,472 64.000.000 3,421,895 72,774,785 200.000 307,838 Preferred 235.000 800.000 736,036 14,119,691 1,500,000 775.000 751,661 33,990,351 fioo 1 60 1,000.000 300.000 833,252 328,274 16,431,839 2,523,259 33 >a 50 600.000 782,171 2,881,187 12,654.115 20 91,224,090 50 197,900 a 20 18X 100 2,585,036 5100 83,869 125.000 72 100 Common 100 7 024 100 Fifth Ave Sav Bk Co 6 27 16 100 i 13,800.000 (4,986,575 338,434,805 13,825.000 22,666.290 2,805,653 City Nat Bk & Tr Co Columbus Saving Bk 31 3 22 639 ,397 Union Bk of Comm. e5,000.000 2,973,439 Union 8av & L Co. 900.000 a 368,109 Columbus— Brunson Bk & Tr Co 67,634 250.000 d 2 - j 16,657 j 511,044 40,151 1,519,994 / 100 100 173 180 62 70 100 b 20 Merch NB&T Co— 50 1 50 4,272,483 1 I Third N B & Tr Co. Winters N B & Tr Co 50 e 10 5 10 2,536,483 12 X 2 6 420.681 62,507 5,142,811 15 4 Common Preferred 104,086 2,944,547 10 4 Commerce-Guard Bk Spitzer-R T & S Bk. 8 10 100 25 40 792.000 177,981 7,594,521 100 14 18 448,661 190,000 e Ohio Citizens Tr Co. Toledo Trust Co 15 98,992 3,193,346 1,682,561 1,950,679 50 200.OOP e n 70,803 8 3 5 Common 200.000 \ Preferred 150.000 192,939 5,144,955 f 25 \ e 5,000,000 Common 1,250,000 Capital notes 1,500.000 Mahoning Nat Bank el,600,000 Union Nat Bank 1,250,000 Peoples N B & T Co: 25 19 24 580.000 Jl,026,051 14,228,887 20 "25" "33" 350,000 County TruBt Co Yonkers— Central Nat Bank 559,097 5,760,526 25 20 25 Ctfs of 892,484 8,166,936 10 21 90 ..... 95 .... 40 45 "32" 37" 50 60 ! f 50 607,119 14,777,569 474,988 1,935,002 12,956,644 19,048,187 100 152,741 8,012,851 25 186,047 2,449,486 1,345,764 100 OX "25 10. "9" "OX 125 Beneficial Fund C-2 22 City Tr & Sav Bk— Common 300.000 "25 "28" Ownership Trust Bank Yonkers.. 100 J100 Soungstown— Dollar Sav & Tr Co- White Plains— e 7,193,212 Toledo— 8 176,2o0 in 100 219 ,287 Capital notes 20 10 e National 10,992,662 1,174 ,516 188 ,498 Cleveland Trust Co Common 40 e First 712,715 60 602,276 2,133,266 7,226,788 738,431 Equity Sav & L'n Co 400,000 1 Lorain Street Bank. e 4.775,206 143,609 484,000 National City Bank. 9,000.000 4,649,576 156,618,405 North Amer Bk Co. e 57,660 190,000 617,391 15 Bk & Tr Co Bank 2,333,550 17,783,448 3,791,985 100 176,561 600.000 Preferred Clev Sav & Loan Go. | *25 Mutual Citizens les 296,038 1,122,665 a 600.000 Common N. Trust Co. cent 100 Central Nat Bank— cent 125 500,000 Rye— Rye National Bank-. Rye Trust Co Tarrytown N B&Tr<Jo o 14,160,538 222.000 Amer Sav's Bank Co 20 300,000 Preferred Chester—1st N re 5 e Capital debentures Cleveland— Pleasantvilh— tort 100 Uayton— Peeks kill NB&TCo Common & Tr Co 100 e Common Peeks kill— Mt Pleas Bk 16,758,644 745,139 . 1.800,000 1.000.000 Bo Ohio S Bk & Tr Co 500,000 Western Bk & Tr Co 62.000,000 Central Trust Co_. 5,000.000 20 110 150,246 350,000 e 300,000 990,000 457,125 750.000 Fifth-Third-Union Tr ust 100 214,06-1 Institutions March 29 24,549,462 4,185,035 Prov S Bk & Tr Co. 060 100 200.000 State People's Bk & Sv Co .75 3,044,836 6,516,117 el.600.000 les fll72,728 Second Nat Bank— Ossining— First Nat & Tr Co cent sa Bank.. NortbBide Bk & Tr Co 10 11,317,708 75,352 524,367 e Bk & Tr Co 664,069 141,928 653,871 a e Lincoln Nat 20 24 5 3,270,865 3,990,320 169,163 Mount Vernon— First National Bank. e 650.000 Fleetwood Bk (The). e 267.500 Mt. Vernon Tr Co... 03,000.000 New Hocnetle— e 10,726,363 re 25 Nerwood-Hyde Park I 40 j 490,631 Bank iflrst National Bank. les Capital notes Nat Oinn Bk & Tr Co... Columbia Bk & 8 Co 8 25 3,962,055 I e Atlas 2% 9,913,989 1 20 I 25 j 153,417 e e Geo. D. Harter Bank Cincinnati— 16 020 e 5,276,963 Savings Bank. First National Bank. First Tr & Sav Bk__ 6 11,715,149 6,227,121 3,769,130 jl,803,384 n Oanton— Dime 32 20,935,454 i 25 788,185 184,675 170,389 200,000 500,000 Capital debentures 200 28 1 20 50,356,217 28,616,934 0 100 3,320,636 sa Firestone Pk Tr&S B Common 100 1 20 jl,175,905 624,400 e 15,056,917 902,438 share. N ' 1,013,617 94,532 , 1,250,000 •100,000 Goodyear State Bk_. 010 100 U tiica— First Citizens Bk & T Preferred Oneida Nat Bk & Tr OHIO 200,000 490.000 First-Central Tr. Co. 10 1,403,635 prices Nomi nal. Per share. Dime Savings Bk Co Common 1 10 1,172,828 100 Akron— 7,187,809 7,281,436 j 475,174 Per 100 2,426,670 1,848,456 6,175,920 1000 j*30 5,593,804 f 9,608,661 180,124 115,313 167,502 213,409 10 Capital notes Common KfxhelleTr.. e n 50,000 500,000 150.000 Ask "!5"" U>iO 800 jlOO Bid Par 8 201,000 March 29 34,016,187 Schenectady— Huguenot Tr Co.. Gross Deposits 1 "25 20 e First Nat Bk & Tr Co Mohawk Nat Bank— oentral Nat Bank. Nat Bank.. Fargo National Bk.. iH 7X j 20 17,305,931 34,682,409 Union Trust Co: Common., 20 1 50 600,000 1.170.000 Genesee VallTr Co__ e2.250,000 505,263 Roch Trust & S D Co 1.000.000 a3,879,198 Security Trust Co— Common 300,000 12,524,261 Capital notes 200,000 ' 1 Capita] notes Bronxville TrCo S Fargo— Merch Nat Bk&Tr On 2.800,000 2,000,000 4% Conv.Preferred Bank... Troy Trust Co Surplus & Profits Nom. Dakota Common Nat NORTH DAKOTA March 29 Nomi nal. Rochester— Lincoln-Allia Bk&Tr Union COMPANIES 750.000 Capital notes 25 7 1.212,500 Yonkers Nat Bank & Trust Co— Common 400,000 400,000 j 068,883 I 20 2 1 8,306,904 20 9 Nomi nal. National honks March 29 Guthrie— north Carolina Per First National Bank. First State Bank... 100.001) 75.000 99,115 MoAlester— Per First Nat Bk & Tr.. Charlotte— Charlotte Nat Bank. 200,000 0 Commercial Nat Bk. Uplon Nat Bank American Trust Co.. DurhamCitizens' Nat 400.000 600,000 300,000 1.200,000 Bank. s Fidelity Bank Depositors Nat'l Bk. 0 150,000 500,000 0 200,000 300,000 100,000 214,000 Durham Bk & Tr Co Home Savings Bank. Mech & Farmers Bk1 a 176,712 455,626 502,849 583,783 1,567,296 57,120 1,144,193 174,577 443,770 1 104,264 66,525 Greensboro— Guilford Nat Bank 200,000 800,000 Security Nat Bank 780.000 223,282 3,294,151 4,825,877 11,907,299 6,600,361 65,273,069 1,531,758 13,883,622 1,845,152 5,604,437 2,046,049 1,087,665 Wilmington People's Sav Bk & Tr Wllm 8av & Tr Co.. se 50 Preferred Nat Bk of Wilson 208 100 3,191,405 2,909,137 100,000 300.000 171,811 405,595 424,883 2,696,586 3,605,253 5,052,802 100 100 100 '200.000 292,147 5.000.000 03,424,002 450,000 293,376 ei.200,000 1,037,761 100.000 58,447 500.00c 439,652 50.000 a 25,085 5,693,281 53,201,117 6,526,785 18,752,603 55 25 72 20 Fidelity Nat Bank.. Liberty Nat Bank.. 80 19 ~ 21X ~ Citizens National Bk Oklahoma CityCity Nat'l Bk&Tr Co First Nat Bk & Tr Co 250 278 _ 25 40 45 25 25 27 X 10 15X 16 1,424,864 18,835,952 25 70 . 10 375,757 3,791,125 11,890,404 75 cent 100 les Oklahoma Nat Bank Tradesmen's Nat. Bk Stock Yards Bank Tulsa— 400,000 e First Nat Bk & Tr Co Fourth Nat Bank— 2.000,000 Common Preferred Nit Bk of Oom'erce. 125,000 175,000 350,000 2,496,013 j 298,416 100 125 150 100 150 185 150 10 25 50 50 75 100 175 100 225 100 1,414,660 14,580,714 1,035,080 27 125 100 125 160 100 100 125 30 20 28 6,310,779 f 20 25 [ 20 51,118,325 63,312 2,500.000 [3,094,662 1.125,000 25.000 15,421 62,619,066 20 4,955,313 e 125 100 100 125 15 Nat Bank of Tulsa— e 168.000 300,000 137,755 721,754 2,773,279 6,389,912 25 30 35 10 30 35 Common Preferred West Tulsa State Bk Dec. 31. 1938. b Member of the BancOhio Corp. r 1 359,500 10 0 22 25 20 100 "ilo" a 400,000 324,960 ,394,549 too, 000 224,526 17,962,069 [100 1160 25 3,311,125 Winston-Salem— First National Bank. Wachovia Bk &Tr_. 256,113 287,869 Commercial Nat Bk FlrBt Nat Bk & Tr Co 80 100 Wilson— Branch Bkg & Tr Co Common 25 100.001) 100.000 Muskogee— * Raleigh— First Citizens Bk&Tr share. ?,0 100 o Nat Bk of McAlester First Nat Bk of McA Nomi nal. Asheville— share. 100 200.000 94,413 e3.900.000 ,381,6.63 3,167,733 84,456,847 10 100 250 - — «. _ 275 — — 0I6O c t Toledo banks on a price range basis. Sept. 28,1938. 31, 1937. Common and preferred stock or debentures outstanding. Retirement price. i Controlled oy Marine Midland Corp. Member First Bank Stock Corp. Branch of Smithfield, N. C. d Dec. e 0 n s MAT, 1939] BANKS National Banks • State OREGON March 29 ■ Capital Surplus A Profits AND TEUST Institutions Oross Deposits Par Bid Eugene— $ Portland Tr A Sav Bk United States Nat'l Bank .... $ 395,683 200,000 3.000.000 300,000 Per $ Ask shere. 100 7,709,561 100 172 100 5,668,134 104.025,343 455,227 4,508,390 85 185 90 Capital 20 6,015,668 126,520,051 33 X (Concluded.) Keystone Nat Bk— 200.000 Nomi nal. Per 1,000,000 1,000,000 Merchants Nat'l Bk_ Second Nat Bank.. 1,648,585 2,171,899 1,384,616 928,329 450.000 Lehigh Vail Trust Oo 500,000 13,612,752 8,497,731 5.597,807 6,199,094 100 25 10 100 share. 145 135 40 20 100 45 22 120 150,000 292,300 Preferred Altoona Trust Oo— } 250,000 I 263,390 249,300 Common., a Preferred Central Trust Oo... 311,281 454,685 252,146 6,109,766 J100 1100 4,039,052 I 10 10 100 2.598.263 146,635 723,918 60,035 145,080 282,431 1,105,304 13,900,575 711,812 7,557,721 300,000 I 736,350 200,000 Common Preferred Union Bank (The).. d 376,162 14 12 '98" loo" 15 10 100 100 75,086 13,859,459 I 50 a50 50 396,510 300,000 300,000 Capital Bk & Tr Co. Harrlaburg Nat Bank Central Trust Oo Citizens Trust Co. 170,572 454,119 823,541 913,577 35,510 1,288,813 1,492,569 400,000 . 125,000 . Dauphin Dep Tr Co. Harrlaburg Trust Co 400.000 400.000 10 7 10 12 80 72 14 25 50 50 11 100 2,986,361 4,604,160 7,386,550 4,676,187 1,087,968 13,290,331 11,449,854 5 942,255 400,000 600,000 600.000 400 70 25 420 155 1,015,999 473,168 300,000 I 88,820 •300,000 ..... Preferred Northern Bk & Tr Co 10,862,734 11,301,916 9,122,753 20 20 457,006 6,423,314 10 1,860,798 10 10 TT" 7.219,169 e 299,534 Corn Exch Nat Bank A Trust Co 10 29X 50 19 29* 22 9,275,476 108,152,743 41H 20 22* 138,607 36 40 4,169,772 60 5,571,422 89,729,932 300 100 290 e 96,199 2,857,925 100 e 331,112 Kensington Nat Bk. dl,129,766 "27*" 9,259,053 50 "25" Market St Nat Bk.. 1,000,000 4,478,699 34,567,703 288 100 278 NatBkofQer ATr Oo 400,000 2,418,877 13,983,886 50 53 10 Nat'l Bk of Olney— Common 105.000 I 79.375 5 1,946.566 ( 10 Preferred.. 95,000 110 10 North Broad Nat'l Bk 250,000 213,207 4 5 2.0.39,060 10 Northeast Nat Bank 200.000 209,254 66 3,616,566 50 70 • ... Northw'n Nat Bk— 275,000 I 147,694 2.844,776 225,000 Philadelphia Nat Bk 14,000,000 26,787,375 431,106,892 Roosevelt Bank..... d 269.818 e 121,967 2,355,000 Common........ Preferred..... 500.000 I Common Tioga Nat Bk A TrOo 692,097 650,000 Preferred d Bank A Trust Co. 200,000 1 100,000 405,336 Wyoming Bk A Tr.. Broad Street Trust.. Ohestnut Hill T A Tr 3,300.000 300,000 d Fidelity-Phila Tr Oo 400,000 250,000 125,000 6,700,000 Finance OoofPa... 2.320,000 Citizens & So B A Tr Frankford Trust Go. 6U0.U00 Germantown Tr Oo. 1.400.000 Girard Trust Oo 4.000.000 Industrial Trust Co. dl.132,250 f 25 I 25 136,749 77,415 ........ 995,973 2,000,000 3.000.000 161" 26 3,750,000 15,621,635 7,350,000 1,000,000 1,265,721 Mitten Bk A Tr Oo 1,500,000 630,932 Ninth Bank A Tr Co d2,210,000 701,725 Northern Trust Co.. 500,000 2,950,753 Nor Phila Trust Co. 500,000 1,337,452 Liberty Title A Tr Oo Security Bk A Tr Co. Sonsitaly Bk A Tr Co Pittsburgh— Allegheny Valley Bk. Arsenal Bank Bank of Ohio Valley. Braddock Nat Bank. Dollar Savings Bank Farmers Deposit Nat First National Bank. First Nat Bank A Tr Co of East Pitts __ Forbes National Bk. Fourteenth St Bank. Freehold Bank Hazelwood Bk (The) Pittsburgh 102 10 ....... 90 82 77 55 60 50 100 loo"" 150" 25 80 25 6.000,000 11,864,203 Potter Title A Tr Oo d 875.000 425,936 Provident Trust Co. 160.000 267,760 96,949.500 20 24 South Hills Trust Co Union Trust Co 5 7,207,281 1,770,937 26 slH 100 70 100 100 6000 100 102 5 10 60 30 125,000 386,327 1.760,291 1.500,000 95,873,986 253,094,073 500.000 1.314,952 6,648,966 West End Bank. 200.000 193,754 1,754,950 William Ponn Tr Co. d 175.000 e 94,500 2,102,000 Worklngman's Savgs Bank A Trust Oo. 400,000 1,140,189 9.657,446 Union National Bank Berks Oo Trust Co.. \Clty Bank A Tr Co.. Reading Trust Co.. Soranton— B Scranton State Bk First National Bank. 1.000.000 1,800.000 50 672,469 1,353,255 360,459 2,433,974 1.170,300 7,123,755 20,104,171 4,078,580 16,591,730 6300 50 75 10 204,057 4,659,968 152,811 348,467 64,822 300.000 200.000 4.050.000 200.000 300,000 Green Ridge Bank.. North Scrant Bk A Tr Bank... d Scranton Nat Bk— Common 1,371,120 63,144,194 1,464,050 3,104,839 999,762 25 18 50 15 50 300.000 2,499,915 f 50 200.000 75.000 | 168,745 400.000 Preferred South Side Bk A Tr. Third Nat BAT CoWest Side Bank Penna Trust Co- ? 755,273 857,832 573,751 1,000.000 250.000 Common.... Preferred.... 150.000 19 162,085 184.375 *55 5 10 10 6H 10X 16 X 65 11 17 75 25 25 25 4,775,326 16,576,316 3,074,863 26 21 27 32 72 24 35 40 "45" 'Bo" 42 44 58 65 30 68 6 1,925,134 f 25 I 25 Wllkes-Barre— First National Bank 750,000 Hanover National Bk d 200,000 Miners Nat Bank 2,500.000 Second Nat Bank 1.000.000 W-B Dep A Sav Bk. 500.000 1,440,434 129,547 5,403,298 2,653,981 8.931,224 100 140 30 50 45 150 50 100 87 300 315 653,718 1,325,666 22,634,860 15,108,398 4,327,288 25 18 91 20 65 500.000 656,486 7,718,138 50 60 Bank 250.000 Williamsport N Bk.. 250.000 2,375.892 4,698,551 4,963,222 10 20 10 10 30 225.000 205,216 379,316 508,008 25 West Branch Bk A Tc York- 20 23 Williamsport— First National 7K Cent Nat Bk A Tr Co Common........ 250.000 L 190.000 150.000 100.000 500.000 125,000 225,000 300,000 500.000 Preferred Drov A Mech N Bk. Eastern Nat Bank.. First National Bank. Indus NB West YK. Western Nat Bank.. Fork Co Nat Bank.. Fork N Bk A Tr Oo. Guardian Trust Co.. 10 3,270,082 f 20 I 30 2,780,998 25 205,594 2,377,653 r 10 348,185 32,165 593,320 198,476 521,227 913,753 540,503 3,271,721 5 500.000 732.445 750.000 r° lio 34,623,286 29,567.802 { I National Banks Nat 29 March L_5 1,229,577 10 00 10 10 684,133 7,924,703 1,635,902 4,543,172 6,128,984 4,679.358 4,238,777 7,633,161 10Q 20 25 25 22 21 65 "l6"" 15 16H 13 192 H 195 58 56 X 35 56 H 16 10 36 58 16K RHODE ISLAND staV^ons 4^ Nomi nal. Per share. Newport— 113 Aquldneck Nat Bank 15 Common 400,000 195,000 120,000 300,000 Preferred 6% 11 Newport Nat Bank.. 10 Newport Trust Co.. 245 130 43 Blackstone Can Nat- High St Bk A Tr Co Mechanics Nat Bank Common... Preferred NatBank of OomATr Phenix Nat Bank Providence Nat Bank Industrial Trust Co. Lincoln Trust Oo IK ... . 4" 2K 10 "33" 10 100 100 50 10 50 523,648 2,916.794 1,078,114 4.455,645 25 76 76,336 1,848,801 110 8 228,239 1,481,219 107.100 I 92.900 120,000 Preferred m 8,400,000 17,126,393 245,196,152 750,000 1,160,527 805,257 3,200,000 12,492,538 48,018,147 1,500,000 2,377,131 10,301,336 300,000 280,393 3,426,700 125,000 27,633 937,886 5,913,960 62,129 481,708 500.000 Columbus Nat Bank: Common..... 13 54 50 50 10 100 50 25 J 292,774 35 a25*" 125 60 100 Providence— ' 110 60 ~150"~ 81 11 alO "120"" 350.000 1 213,246 125 15 4,845,019 150.000 \25 850.000 811,107 50 ""69"" 8,372,861 450.000 932,293 50 120 3,253,666 1.500.000 2,465,014 12.246,419 100 285 4.000.000 10,369,101 111,940,223 100 170 125.000 180,674 25 1,749,046 33 2,500.000 3,161,305 50,463,306 *100 5.000.000 12,410,684 41,760,227 1000 2050"" 1.000.000 1,237,605 24,183,623 100 135 . 19 "75"" 177"" 29 23 6 Rhode I Hos Nat Bk. Rhode Isld Hos TrOo 545 Union Trust Co..... Woonsocket— 88 W oonsocket Trust Oo d 200,000 100.000 200,000 500.000 8.600,066 6.000,000 237,146 3,042,622 269,049 1,300,261 107,599 667,705 939,642 10,881,002 5,261,468 54,806,153 10,748,475 94,246,607 6,683,649 106.474,830 300,000 500,000 615,500 428,124 200,000 200,000 200,000 984,774 206,496 484,140 4,997,918 8,585,511 3,218,445 881,482 1,232,974 2,314,629 100,000 172.700 152,077 474,473 1,584,481 4,524,380 533,861 267,867 50 60 47 342 National Banks 24 March 29 4K Sioux Falls— First Nat'l Bk A Tr. Nat Bk of So Dak Northw'tSecurNatBk d Union Savings Bank. 40 25 10 2 100 90 * % 150 175 175 95 100 70 20 125 50 1100 SOUTH DAK0TAs%SSiw,s Nomi nal. Per 385,000 250,000 800.000 150,000 212,604 247,238 147,238 50,500 share 5,074,636 100 3,698,495 plOO 9,469,416 /100 re cent 1,265,144 sa les stock retirement savings bank. N 100 0 price. c c March 25, 1939. U0C. oi»iyuo< outstanding. f Member of Northwest Bancorporation. g Sept. 28. 1938. i Acquired the First National Bank of Athena, Ore., "5" 50 Preferred b A mutual , 5 50 100 3,389,398 d Common and preferred stock or debentures 50 10 141,403 2250' Sale price. a 175" 100 100 100 50 443,750 27 at Iron A Glass Dol Sav 80 5% on Provident Trust. Real Est Tr Co "33 50 Vnrk Trust CJn 11,452,524 6,578,856 19,118,054 12,469,324 7,429,651 . Lives A Grant Ann Penn W'h'gA S D Oo 15 166" IB6" ' 7,735,765 4,752,588 42,153 ,301 100 91,869 2,783 ,486 37M 483,323 1,821 ,116 20 79,637 1,517 .192 50 g 16,859 529 ,231 100 16,859,385 109,370 ,684 100 8,940,476 942 ,597 100 1,621,386 11,094 ,601 10 2,221,847 20.536 ,148 10 10,081,678 101,447 ,791 10 1,020,941 11,159 ,107 10 1,276,744 15 a25 50 Integrity Trust Co— 1st preferred 2d preferred Land Title Bk A TOo Common Preferred 13 20 I Tradesmen'sNatlonal Hill Top Bank. Homewood Bank 250,000 Wyoming Nat Bank. 4.550,000 Erie National Bank. d 460.000 First National Bank. 3,111,000 Gimbel Bros Bk A Tr 200,000 Second. Nat BankCommon Preferred South Phila Nat Bk- 50 50 100 100 50 100 100 100 2,428,018 .1 101K 50 52,038,581 9,344,241 a2 5 66 Savings ... 3,040,000 City National Bank. dl.100.7Q0 25 40 50 399,550 13K 234,264 /46 Philadelphia— Central-Penn Nat Bk Penn Co for Insur 115,796 163,448 4,021.306 5,567.576 462,396 906,385 2,094,294 2,545,511 124,099 1,276,816 10 / 25 i 2.000.000 10,747,756 Bank A Trust Oo. Providence Lanoaster— Cones toga Nat Bk.. Fulton Nat Bank— Lancaster Oo Nat Bk Farmers' Bk&Tr Oo 1,635,464 10.921.338 1,019,551 1.249,309 29,862,943 34,635,332 3.795,054 6,184,886 29,278,397 19.071,983 2,578,952 501,650 20,768,055 • Harrisburg— Allison-East End Tr. a50 Reading— I 50 1,476.373 62 100 1,946,027 Tr Oo 66*j 3,950,906 Ask People's-Pittsburgh Security-Peoples Tr- Common Western SAD Bank 66.535 167,294 706,139 Allegheny Trust Oo. Colonial Trust Oo d3.672.900 Oom'wealth Trust Co 1.500.000 Dormont SAT Co. 125,000 Farmers Deposit Tr. 1,320.000 105 100 4,102,418 I 60 \ fift Washington Tr Co.. ErieBank of Erie ; 200,000 First National Bank. dl,160,000 Lawrence Park N Bk 50,000 Marine Nat Bank... dl .282,000 Nat Bk A Trust Co.. 300,000 Common Sheraden Bank Onion National Bank Onion Savings Bank. M a nchester Common j 370,685 141,625 108,375 200.000 700,000 200.000 50,000 2.000.000 1,000,000 d 495,000 700.000 Fidelity Trust Oo Altoona— First Nat Bank— Bid Nomi nal. Per share. Bank of America Polithania State Bk. Allentown— Allentown Nat Bank Par 100 000 7.600.000 37,206,859 311,759,260 Common 35 PENNSYLVANIA Cross Deposits $ Common Preferred Mellon Nat Bank Preferred Nor Side Deposit Bk Pitt National Bank. March Surplus & Profits Pittsburgh Mat f4,500,000 109 29** PENNSYLVANIA Stat%farfh 29°nS March March 29 Nomi nal. First National Bank PortlandFirst National Bank. COMPANIES as a branch, effectiv April 17* 1939. * k Stock all owned by Rhode Island Hospital Trust Co. I Last sale. 1938. n March 7, p Affiliate of the First Bank Stock Corp. , 110 BANKS SOUTH CAROLINA March 29 Surplus Profits Capital AND TRUST Par Bid Charleston— 700.000 200,000 d 50,000 d Miners & Merch Bk. 707.547 227,635 43,628 17,620,713 10 15 100 100 100 105 33,757,062 J100 \ 100 100 a 5,617,757 454,295 16 125 120 South Oaro Nat Bk— 1,100.000 11.070,370 1,100,000 Common.. Preferred. Columbia— First Nat Bk of Col. 200.000 35,000 Penples Nat Bank 4,879,626 594,501 516,897 160.000 40,000 First National Bank. 149,847 243,833 250.000 200,000 Lower Main St Bank Greenville— 80,616 8 10 25 9H 10 6,081,312 4,529,810 20 57 H 26 59 2,812,360 f 20 1,350,105 March 29 Surplus <£ Profits Capital Ask State Institutions TEXAS Afarch 29 Gross Deposits Nomi nal. Per share. Citizens & Sou Bank 0 Carolina Sav Bank.. National Banks | 29°nS March COMPANIES Gross Deposits Par Bid Ask Nomi nal. Per share. San Antonio (Con cl.)$ Groos Nat Bank— Preferred—..... 350.000 115,000 | 127,131 Nat Bank of Comm. il ,000,000 1,108,404 22,098,937 100 266"" ion.nnn 105,923 68,274 1,6^3,414 4,170,624 100 100 185 400,000 300.000 353,272 3,784,029 100 t 250,000 I 307,809 510,733 92,599 8,369,963 10,032,411 100 185 196 50 80 85 895,836 100 Common 5,822,245 (100 92 100 99 elOO 250 National Bank ofFort Sam Houston San Antonio Nat Bk South Texas Nat BkCommon. ....... • — — mm 50 Waco— 10 27 Spartanburg— Citizens' Nat BankFirst National Bank. National City Bank. 700,000 100,000 80 v \ Com'l Nat Bank— Common........ Preferred 25 Rational Banks 120 National Banks March 29 TENNESSEE Chattanooga— 1,091,402 625.000 375,000 Common j 419,732 Preferred275.000 Hamilton Nat Bank. 42,700,000 Knoxville— ... 1,537,530 50,000 d 58,236 i 200,000 130,937 i 925,000 1,451,905 Park National Bank. 1,000.000 571,985 Bank of Knoxville Comm'l Bk & Tr Co. Ham i 1 ton Nat. i onal Bk 10,859,034 100 9,510,750 /100 1100 43,326,524 100 100 1,352,537 2,986,394 6.25 100 24,787,254 11,263,228 100 Ogden— 190 200 150 155 "136"' 135"" 135 8 6.616,743 18,683,534 100 100 Oontl Nat Bt&Tr Co i Bank i 358,225 900,000 750,000 938.067 750,<>00 d 853,066 1,185,144 1,000,000 237.456 300,>)0<i 12,896,063 18,459,077 16,492,022 14,251,500 3,115,402 100 100 115 75 170 180 190 125 741,106 29,118.568 100 105 112 100 297 300 100 210 Bion's Sav Bk Ac Tr Utah 8av A: Trust Co 68,341,298 10 27 28 (1,454,192 54,793,169 100 100 Walker Bk A Tr Co: 1.500,000 Common.. 300.000 Capital notes 100 National Banks March 29 State VERMONT Institutions March 29 Nomi nal. Per share. Barre— 3,500.000 American Nat Bank Common......... Preferred 3,000.000 3,500,000 300,000 v 1,000.000 d Broadway Nat Bank Commerce-Union Bk Nashville Trust Co- 618,553 894,935 500,000 Id 855,934 1,133,300 1.000,000 1,408,426 Common. Preferred Third National Bank 12K 14 16 /' 10 18 (100 5,406,969 22,215,551 20 10 9,302,254 Jioo 1100 100 26,379,357 <&) 105 245 110 255 i Glranlte 8 B A Tr Co TEXAS March 29 Nomi nal. Austin— Per i Capital Nat Bank— Capital stock..... Preferred stock 300.000 d 576,750 487,051 585,759 125.000 1 75,000 American Nat Bank. 161,711 400,000 400,000 200,000 583,847 803,935 13,870,406 15,368,117 share. 100 100 Rutland— RlementNat Bank— Silling ton Nat Bank Rutland Co Nat Bk: 697,144 502,846 77,281 405,688 6,812,939 6,410,671 882,388 3,386,227 100 100 116,982 2,498,869 100 ] 209,014 614.951 d 106,747 224,312 2,885,222 J100 U00 20 2,310,517 100 1,346,499 100 100 "75" loo" 100 N •o 40 re cent 100 sa les Preferred. 1 100.000 150.000 295.156 100.000 136,757 2,859,000 1.02*,359 100.000 \ 125.000 165,559 2,071,742 30 3.091,119 I1C0 152,145 25 10 100 o cent Common _ Rutland Trust Co... i 3.262,152 J100 1100 3,608,580 2,641,176 1,947,486 150.000 175,800 Montpelier Nst Bank Montp'r 8 B A- Tr Co i Institutions 500,209 226,253 165,876 c First National Bank: PreferredState 210.000 200.000 d People's Nat Bank.. 204.500 d Quarry 8 Bk A; Tr Co Burlington— Ohittenden Co Trust i 491.500 d 600.000 ffowardNatBk&TrCe 150.000 d Merchants Nst Bank Burlington Trust Co. il .085.961 d Montpelier- — Capital S B A Tr Co 1 407.500 d Common National Banks March 29 Austin Nat Bank... 60 160 172 182 100 230 4,887,738 i Utah State Nat Bank 305 310 43,554,501 27,788,213 1,370,283 510,000 il ,000.000 First National 9 240 1.000,000 1,815,721 1,000.000 2,190,030 50,000 d 87,107 share. 137,298 1,303,768 145 230 Per i Commercial Sec Bk. First Security Bk NA Salt Lake City— MemphisFirst National Bank. Nat Bk of Commerce State Savings Bank. Union Planters' Nat') Bank & Trust Co. Nashville— Institutions March 29 Nomi nal. State Institutions March 29 Nomi nal. Per share. Amer Tr & Bkg Co.. Commercial Nat Bk: 3tat* UTAH March 29 tioo • 352.600 d lea 100 tflOO Beaumont— American Nat Bank. First National Bank. Secur St Bk Ac Trust i First National Bank. Hillcrest State Bank. 89,692 8,000,000 Mercantile Nat Bk— Commoh Preferred RepubllcNat Bank.. Nat Bank of Comm. Dallas Nat Bank... Oak Cliff Bk&Tr Co: 11,120,825 4,000,000 150,000 1.000,000 100,000 53,600 Common Capital notes Texas Bank & Tr Co: 4,067,116 395,649 890,589 \d 107,411 125,000 ['• 66,000 ....... Capital notes El Paso— El Paso Nat Bank— State National Bank Fort Worth— Continental Nat Bk. First National Bank: N o sa 20 100 48 H 100 "io" 300,000 300.000 91,926 31,002,923 / 20 1100 20 74,367,267 100 6.315,603 20 23,316,523 2,428,591 I 20 2,468,223 f 20 I Lynehburg— Union Bank 8c Tr Co Galveston— 1,500,000 500,000 11,188,088 38 39 — 22,350,154 47""" 215 45 15,457,343 33,692,864 60 J2,546,675 c 200,000 200,000 428,711 397,125 750,000 600,000 i 20 41,203,325 I 20 i 20 10 390,249 1,070,424 100 40 60 100 121.800 100,000 300,000 88,578 86,049 478,049 349,620 642,196 3,076,579 100 479,869 856,970 1,104,029 150.000 d 76,490 3,542,150 33,136,545 17,968,675 1,868,221 25 100 200,000 276.000 181,629 2,764,582 10 81,549 2,688,857 10 500,000 250,000 d 445,000 193,49* 83,234 221,283 5,977.171 1,187,683 2,937,424 50 100 re cent 100 sa 986,799 1,017,390 66,095 3,530,702 135,012 9,500,457 21,099,202 802,526 70,617,927 2,073,750 20 38 27 H i Loan Bank Merch & Planters Bk 250,000 2.500,000 1,500,000 Nat Bk of Commerce 32 33 Seaboard Citz N Bk. Southn Bk of Norfolk Citizens Nat Bank.. Petersb Sav & AmTr i 60 40 65 42 American Nat Bank. i Citizens Trust Co.. Merch & Farmers Bk i 42 44 Riohmond— Bank of Comm 8c Tr Central National Bk. Consol Bk & Tr Co.. 600,000 1,000,000 First 8c Met Nat Bk. Mech 8c Mer Bank. 3.000,000 200.000 110 100 100 14,880,627 4,896,433 392,578 723,240 130 . N 100 50 9,302,644 10,742,230 250,000 d 202,252 5,733,680 500,000 1 100,000 388,058 13,967,402 I 1 3,000.000 1.675.000 I 153 120 152)4 I 6*4 5 I 5 100 100 8H / 355 240 119 250 121 36 irA 12 10 "15" o sa les State-Planters 80,000 110 20 36 .1,886,859 20 51,970,382 /100 1100 160 20 100 les 42 2SH "47" *48" 100 Bank Common 1,250,000 il,276,282 1,650,000 412,090 200,000 Southern Bk 8c Tr Co 200,000 I 198,318 944.149 Virginia Trust Co... il ,000,000 ........ . ... ... Roanoke— Colonlal-Amer Nat B First Nat Exch Bank 500,000 1,000,000 402,496 1,750,735 Mountain Trust Bk. 38 20 10 0 8c Trust Co: Preferred. 100 N 800.000 384,334 50,060,695 f 12'a 1100 25 3,747,314 4,143,106 5,680,907 5,549,724 26,620,745 5,360,618 14 X 15H "73"" *76*" 15 26 50 60 50 28 67 70 225 100 100 90 el 65" o .... South Texas Com¬ mercial Nat Bank. Fidelity Trust Co Guardian Trust Co Jd 382,157 Houston Land 8c Tr 1,731,240 4,395,576 424,393 1.430,499 I,600,000 2,092,540 200,000 d 230,555 600.000 1,006,480 II,500.000 535,659 Oommon Preferred Port Arthur- .... First National Bank. Merchants Nat'l Bk. San Antonio- 14,017,519 rioo 90 100 270" 100 330 215 155 230" 345.000 1 305.000 117,807 100,000 200.000 d 554,170 314,557 100 100 290 100 100 "150" 6,736,339 1100 1100 5,295,959 3,894,436 305 Preferred Texar Co Nat Bank........ Preferred........ Frost National Bank Per 8,000,000 2,500,000 2.500,000 Pacific Nat Bank Peoples N B of Wash- 70 90 100 100 Sumitomo B of Seattle 78"" 1,350,000 200,000 University Nat Bank 400,000 550,000 895,000 } 884,045 200,000 85,000 1.200.000 } 147,339 1,259,991 17,767,089 J100 625 2,758,830 f 50 \ 50 100 33 145 31 45 33 "24" 59 65 t Stock of South Texas National Bank of San Antonio, Texas, all held: by Central Securities Co. with exception of directors' qualifying shares. a Member of First National Corp. 155 Sept. 28, 1938. d Dec. 31,1938. Preferred stock retirement 0 price. /Member of the Marine Bancorporation. 52 Common with the Citizens 8c outstanding. {Affiliated and preferred stockSouthern Nat. Bank of Atlanta, Ga. e50 200" share. 35 '152" 157*" b Member of First Security Corp. 1100 38.121,302 6.903,672 157,237,868 a 20 4.017.251 75,603,333 / 25 1,316,560 23,198,162 100 20 870,024 25,484,732 2,019,497 100 115,784 20 5,387,416 197,394 50 7,615,499 543,239 100 c 500.000 March 29 Nomi nal. Seattle— Seattle—First Nat Bk Nat Bk of Commerce 45,667,652 103,628 7,482,724 5,429,719 State Institutions 360 100 100 WASHINGTON 285"" Alamo National Bk: ... National Banks March 29 105 1125 31,273,701 47,026,294 9,528,240 31,738,099 Seattle Tr 8c Savs Bk Ban Jacinto Nat Bk- 4,235,949 4,076,090 Sav Bank 8c Tr Co.. 632,500 367,600 1.000,000 12,750,000 1 900,000 Union National Bank 1,000.000 Common 536,931 382,550 Lynchburg Tr & 8 B. Norfolk— re cent Second Nat'l BankNat Bank of Comm State National Bank Common. 600,000 500,000 Com'l Tr & Savs Bk: 100 566,523 860,935 9,532 88,818 15,420 Common... Preferred 100 People's Nat Bank.. Depositors Industrial City National Bank: Common.. PreferredHouston Nat Bk— 7,992,552 & Trust Co.. 49 H "48"" 100 220,000 , i First National Bank. Common........ Preferred...... First Nat Bank- 605,419 Portsmouth— 750,000 d 1,500.000 City National Bank. Hutch in gs-Sealy National Bank U 8 National BankHouston— Citizens State Bank. 1,000,000 First National Bank. — 479,340 1,568,585 i ... Fraternal Bk & Tr Co Notni nal. Per share. 50 Petersburg- Common Preferred State Institutions March 29 VIRGINIA March 29 les Ft Worth Nat Bank: ' National Banks, rec ent Lynchburg Nat Bank 1,200.000 800,000 .......- Common. 100 100 6,179,368 116,009,898 68,878 1,677,801 180,304 5,223,521 25.000 250,000 Liberty State Bank: 100 10,761,350 13,259,286 2,272,984 1 Last sale. 230 0 Controlled by the Joseph F. r Member Peoples Corp. x Ex-dividend, u Rights. Meyer interests, MAY, 1939] AND BANKS National Bankt National Banks • March 29 Capital March 29 Gross Surplus & Profits • Ask Bid Par Deposits Institutions State WISCONSIN March 29 Gross Surplus & Profits Capital 111 COMPANIES Institutions State WASHINGTON March 29 TRUST Nomi nal. Nomi nal. $ $ 500.000 Spokana— First Nat Bk in Spok Old N B&UnTCo. a Per $ 130,256 share. 40 100 6,025,259 45 — Common 600.000 Preferred 400.000 200. one Washington Trust Oo \ 718,735 t 1H 1 100 Tacoma— Nat Bank of Wash.. a 750,000 mmmmrnm mm 8,278,895 100 mmmmrnm 21,390,206 6,083,549 100 25 mmrn " CO I 400,000 300.000 1,000.000 b 20 328.227 647.512 6 100 2,100.532 4,801,923 4.487,893 4,501,913 '66,887 887,986 share. 7 200 Per $ $ $ 466,700 West Side Bank Wisconsin State Bk_ First Wise Trust Go_ 150 18 140 16 150 34 20 36 100 ¥ 1 lYvllIxl/* National Banks WYOMING March 29 Per Cheyenne- \17CCT VIBPINIA State Institutions March 29 Milwaukee (Concl. ) Teutonia A veStateBk mmmmm 942,614 263,747 al .415.00C d Puget Sound Nat Bk National Banks 22,140,354 1100 711,395 Ask Bid Par Deposits American Nat BankStock Growers NBk. March 29 311,265 291,082 250,000 309.000 100 share. mmmmmm 100 6,479,917 7,942,819 mmmmmm m — mmm mm-mm Nomi nal. Per Charleston— Charleston Nat Bk: Common Preferred KanawhaBkg&Tr Co Kanawha Valley Bk. Nat Bank of Comm. \ 500,000 share. 25 Canadian Bank Statements 40 N 100 5,203,575 20,677,896 105,910 3,369,089 288,312 s 877,559 200.000 Central Trust Co 1 20,916,941 1.062.500 11,584,850 500.000 600.000 387,646 1,000,000 1,380,995 o 100 re cent 100 sa Returns all are of Feb. 28,1939. Prices are per cent, not per share. lea 100 Huntington— 1.000.000 Wheeling— Center Wheeling Sav Citizens Mutual Tr 31,000 1634 65 NOVA SCOTIA 93,350 600.000 d 1,108,887 100 570,763 150.000 a Co 1534 50 16,612,000 12H 50 930,000 1,258,000 al22.000 First Hunt g Nat Bk Twentieth St Bank 4,773,689 100 100 100 100 100 295 100 160 190 A Half Dollar Trust 300.000 143,339 788,152 1.800.000 Nat Exchange Bank. 2,749,673 18,995,476 449.605 118,410 500.000 500.000 100.000 d 674,377 < So Side Bk & Tr Co_ Security Trust Co.. Wheeling Dollar Savs & Trust Co 25 542,003 15 100 1,712,945 4,758,821 5,888,557 1,111,845 4,899,359 a Sav Bank Nat Bank of W Va_. 100 120 Halifax- Gross Surplus & Profits Capital Ask Bid Per $ S % Par Deposits 100 Bank of Nova Scotia 12,000,000 24,000,000 253,481,088 cent. 300 170 ONTARIO National bankt WISCONSIN March 29 Institutions State Toronto- March 29 Per La CroBBe— 500.000 a 47,298 321,560 100.000 182,201 200,000 .137,908 114,388 share. 20 20 4,733,131 100 1,176,780 6,919,913 elOO 2,610,328 100 245.131 175.000 400.000 Batavian Nat Bank. Exchange State Bank Nat Bk of La Crosse. State Bk of La Crosse 100 248 251 100 170 100! 167 203 100 211 100 208 100 163 Bank ATom inal. Per icent. I 9.000,000 125,208,551 Can Bank of Comm. 30,000.000 20.000.000i541.011,523 Dominion Bank 7,000,000 7.000,000 112,622,041 Imperial Bank of Can 7.000,000 8,non, ooo'132,760,573 Toronto of 6,000.000 25 N 0 re cent sa QUEBEC les Milwaukee— Amer State Bank— 345.500 a City Bank & Tr Co_. First Wise Nat'l Bk— 7,600,000 Common Preferred Home Savings Bank. Kllbourn State Bk.. 2434 30 100 27 40 15.'927,074 220,348,087 f t 1 7.500.000 a350,OOC 159,662 34,425 150,000 a 20 2,422,935 3,383,434 4 — 4 H mmmmmm 16 20 2,076,733 1,654,043 18 20 Lincoln State Bank: 100.000 16 100 62,525 1,186,346 300.000 2,200,000 Marshall & llsley Bk a2,955.000 596,000 Mitchell St State Bk. a 2,383,889 1,836,304 38,236 58,800 133,485 37,712,609 46,661,206 2,028,222 2,190,000 41,711 Common Income debentures Marine Nat Exch Bk Bank—... a Park Savings Bank-. State Bank of Mllw. a 150.000 539.590 a 550.000 Northern (Concluded from page 1,650,621 2,092.000 Per Montreal— Bank of Montreal 36,000.000 39,000.000 705,149,960 7,000,000 5,000.000 129,916,448 750,000 19,692,848 1,500,000 1,000.000 47,481,86.3 Provincial Bk of Can 4,000,000 Royal Bk of Canada. 35,000,000 20.000,000 772,346,833 Banque Oanadlenne. Barclays Bk (Canada) ther Iloosevelt'3 message. 20 37 40 20 1934 22 100 45 55 s 5 6 t All stock held by Old mmm 20 British conscription, similarly seemed to add impetus to a month-end covering movement in most currencies. Chan¬ cellor Hitler's speech itself caused some momentary hesita¬ tion in the market, but subsequently the firmer The currencies was tendency in resumed. $'4.68 during the month, and, in fact, reached $4.68 % tempo¬ at closed were the month the of time President Roosevelt's unchanged at $4.68%. message, Sales of but sterling particularly heavy immediately after the Easter holi¬ which had • witnessed the Italian occupation of Al¬ but the pound was under pressure throughout the month, as a large movement of capital from London days, bania, The maturity of substantial short in the belga near the reduced month, despite authorities are the steady for the greater part of the recurrent tension, and the French believed to have gained further amounts of gold and foreign exchange. Spot francs closed the month at $0.0264 15/10, compared with $0.0264% at the end of March, and a slight improvement for the month took place in the franc rate in London. Guilders were subject to extremely heavy pressure in the early part of the month, although the rate never declined in this market below $0.5308; subsequently this currency rose from $0.5309 oh April 22 tow $0.5351 at the month-end, or the highest rate since near the end of February. Short covering, based partly upon a feeling that the European tension had lessened, was assigned as the principal reason for the im¬ provement. over at Swiss most of the show the The francs similarly were under pressure month, but recovered at the month-end to gain from $0.2244 at the end of March to $0.2247 April. a end of against the belga existing since midlifted at the end of April, after the LiberalCatholic Cabinet formed on the basis of the parliamentary pressure February discount the three-month forward of April 2 sought, and subsequently obtained, special decree powers in financial matters, but specifically disavowed any intention to devalue the belga. Earlier in the month the estimated gold export point of the belga had been reduced from $0.1683 to $0.1680%, as a result of the increase in war risk insurance rates on gold shipped from belgas from equivalent of 19% per annum on April 21 to 7% per annum on April 28, the smallest discount since early March. Forward rates for the other European currencies showed considerable weakness early in the month, although they the authorities sterling in effort an week, and the British reported to have been operating in forward were to further increases prevent in the premium on forward dollars. In the London gold market the increase in war risk insurance rates dies not particu¬ either the sterling price of gold or its dollar larly affect the since equivalent, Government put into British opera¬ plan for reinsuring practically at the old rates war tion a risk on shipments from the British Isles. exchange was quoted close .to during the greater part of the month. %% discount No significant rate occurred in Latin American or Far changes Eastern cur¬ rencies. as Changes in the gold holdings of the Bank of England were follows: For the week ended April 5 an increase of £33,935; for the week ended April 12 a decrease of £27,487 ; for the week ended April 19 a decrease of £59,045, and for the week ended total April 26 a decrease of £89,735. The Bank's gold holdings on April 26 stood at £227,088,885. Pursuant the to Currency and Bank Notes Act of 1939, statements for March 1, 1939, and thereafter, have carried the gold holdings of the Bank at* the Bank of England the market value current as of the statement date (148s. 6d. instead of at the statutory price of 84s. ll%d. per fine ounce. At the statutory price present gold holdings would amount to only about £129,000,000, com¬ per fine ounce), pared with the high of £32S,144,903 (old valuation) in the statement of Oct. 14, 1937, and with the minimum of £150,- 000,000 recommended by the was 'elections positions highest since September, 1938, and on Canadian was 185 month-end carried the spot rate from to $0.1701, the $0.1681 occurred. The French franc 184" National Corp. firmed during the recovery of the last pound sterling was maintained at, or slightly above, rarily 100! 17) British determination fur¬ budget estimates for the coming fiscal year, and plans for continental 167 115" 100 Trust funds. 20 100 strengthen her military forces, as evidenced in the to 216 100 t Wisconsin Bankshares Corp. no par stock. a Common and preferred stock debentures outstanding. b Sept. 28, 1938. c June 30, 1938. d Doc. 31, 1938. e Memher of the Northwest Bancorporatlon. i Member First National Corp. the Continent. President cent. Details were of the outlined Cunliffe Committee. gold movement at the Port of New York as follows in the "Monthly Review" of the Federal Reserve Bank of New York for May 1: The movement of gold to which had increased markedly under the impetus an even inflow more reached of rapid a this figure ' abroad, during the previous month European rate from country war during which fears, April, had and been proceeded at the month's approached or MONTHLY EEYIEW 112 only three previous months—the month imme- exceeded in I it to fall below ' $300,000 from and Australia, from China. At tinued M. National Bank of Belgium increased its 2%% to 4%. The lower rate had 27, 1938, when it had been reduced from 3%. Belgian cable transfers sold on April 1 at 16.82V2@16.83, and on April 29 at 17.00V2@17.03 The German mark situation continued unchanged during April and strain was apparent in the foreign exchange, economic and financial situation. of 47/64%. OTHER FOREIGN EXCHANGE program respect Italian to the French adopted by Cabinet April on 27 Fi¬ transfers franc the close repatriation of French gold and funds from abroad French equalization fund had been enabled to return the Bank of France 5,000,000,000 the in statement of the francs in gold, Bank for the as week re¬ in the unit diminution promulgated were week with a 45-hour of 50 and The additional strain on race, he stated, faced year with in excess the 40-hour work units with week before some cases a French finances imposed by the the necessity of total credits in the of raising an The major of amount a ordinary 1939 budget and tax on all products By tax. this measure and Exchange exchange. the eign to have around recourse to currency years either flat During April 30-day Sweden on on were 24.12@21.13% April 29. on April 1, the South American countries on 6.06c., rate of 5.17c. Janeiro at in official an comparison rate with which the proved previous Toward the middle of the month was effected between an to be official exchange Buenos Aires and Rio de according mutual concessions. exchange The on The official quota¬ Buenos Aires ranged between 31.21 unofficial tween 23.00 and 23.35. stability. To further attract the the Government advanced interest rates currency the spot. several quoted at a discount of from 7 to 4 points below the Brazil 31.24. not abandon For were The Government retained control of 30% of for¬ by authorizing its purchase only by the of and to futures. exchange Bank inflation or determined every as a result of Foreign Minister Oswaldo Aranpromise to the United States Government of a freer for Government of apparently ha's tion the over requirements The Holland and Swiss was quiet and On April 9 Brazil put into effect a new foreign exchange policy, easing severe restrictions im¬ posed by President Vargas in 1937. The decree set free 70% of all remittances abroad from Government control, was that for currencies the foreign mar¬ steady during April. of said these 24.11% @24.12% agreement Reynaud exchange the was while 90-day guilders were from 19 to 12 At the close of the month 30-day Swiss quoted only 1 point below the cable rate, and were the existing bonds running for 6, 12, 18 and 24 months. There wrere extraordinary increases in the circulation of the Bank of France throughout April, indicating a renewal M. dollars in Dutch of factor cable rate, Cable transfers Finance Minister hoped to attract the hoarded billions into this type of investment, which will take its place beside hoarding. -Another for The upswing repatriation on April 1 at 53.08@53.09, and April 29 at 53.50@53.55. Swiss cable transfers sold on April 1 at 22.42@22.43%, and on April 29 at 22.46@22.47%. On profits ranging from 10% income both were the extremely limited. discounts at in on 80%, and on profits in excess 80% there will be complete confiscation. Among the decree laws authorized by the Cabinet was one providing for an issue of three-year Treasury bonds from time was moved Guilder cable transfers sold except of exempt units and 90-day futures had improved to 4% points discount, against a prevailing discount of 8 points earlier in the month. to 80% the tax will amount to be Cable Italy. The Holland guilder showed London. slight premium a francs The Government moved to take profits out of war by imposing a drastic levy limiting war profits to 10%. The taxes imposed for this purpose are expected to result in a subsidiary contribution to armament expenditures. A tax of 50% will be placed on all profits of from 6% to 10% derived from public orders. to points below spot. part of the funds is to be derived from the 1% retail sales bread, milk and newspapers. to at basic equal to 60% of the extraordinary budgets for the Army, Navy and air forces. ' proceeds in Scandinavian part demand same were 1939 in from the the were guilders that the Government is means At of description or armament this replacing week, and in reflected chiefly kets. taxes. 60 hours. even The sympathy with sterling. Cabinet's program designed to spur armaments and economic reform provided 16,000,000,000 francs for this year Decrees situation on spectacular firmness toward the end of April. ended The new sold firmness. to funds, 20,000,000,000 francs for 1940 in business and Rome on April 27. and by The Government continued April 1 at 5.26%@5.26%, on April 29 at 5.26% @5.26%. Exchange on the countries neutral during the war inclined to steady throughout the month at Rome. financial the on and the flected held were withhold publication of any figures which might throw light Minister Reynaud was at pains to show the greatly improved financial position of the republic. He stated that owing to the improvement in the lire the strict control In announcing the drastic economic and social pound. nance with Official financial figures published in Berlin afforded no enlightenment to foreign observers. The free or gold mark was quoted on April 1 at 40.10% @40.13, and on April 29 at 40.12@40.14. French francs were exceptionally steady throughout April the of rediscount from been in effect since Oct. Montreal funds ranged between a discount of 11/32% and a firmness gave On April 17 the rate all times at a discount in terms of the United States dollar. tendency toward Minister, ginning of the year. $385,000,000 during March and $624,000,000 last September, and reached a new high of approximately $15,790,000,000. Canadian exchange was steady during April, though at a Finance Belgian positive assurance that there would be no devaluation of the belga as had been frequently rumored since the be¬ stock of the United States increased about $530,during the month, as compared with a gain of showed improved from 79 points to discount on April 21 points on April 28. Camille Gutt, the to 29 The gold and the threatening On April 28, 30-day belgas were quoted Europe. likewise the same banks, and at the close of the month CONTINENTAL AND indicate con¬ political situa¬ forward belgas on to points below the basic cable rate, in contrast with the discount of 50 points on April 21. Belga 90-day futures gold held under earmark for foreign account at the Federal amounted to approximately $770,000,000. discount due 12 at Reserve banks 000,000 discounts The nervousness in tion time, however, there was a net increase of $115,000,000 in the amount of gold held under earmark for foreign account at the Federal Reserve 17.03. conservative elements attained power. On April 29 the unit advanced is 16.95. of the belga Par to the when 2, April the lower gold shipping point to New York The improvement began after the elections of and London. (February, 1934) and September and October, 1938. All classes of imports of gold at New York in April totaled $575,000,000, of which $371,400,000 came from England, $84,600,000 from Belgium, $55,500,000 from Switzerland, $44,300,000 from Holland, $7,000,000 from Canada, $4,600,000 from India, $4,500,000 from Argentina, and $2,100,000 from Colombia. On the West Coast, $5,600,000 was received from Japan, $4,200,000 diately following dollar devaluation or free market The official rate on range was be¬ Rio de Janeiro was between 5.40 and 5.90. hoardings of savers on 6-, 12-, 18- and 24-month Treasury securities as well as Exchange on the Far Eastern countries moved during on the 90-day issues by %%. Paris cable transfer sold on April in close relation to sterling. The London price for April 1 at 2.64%@2.64 15/16, and on April 29 at 2.64% silver was 20d. on April 1, and was 20%d. on April 29. @2.65. JI The Hongkong dollar was 28.70@28% on April 1, and 28.72 Belgian currency recovered from the weakness which had prevailed since the beginning of the year, and had caused , @28 15/16 on April 29., April 1, and 27.28@27.30 Yen checks on April 29. were 27.28@27.31 on