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1 1 /c/40' BANK-QUOTATION RECORD RC0. U. S. PAT. OFFICE APRIL IN RETROSPECT Page —V-' Page Commercial and Financial Events 1 Hides and Leather 7 Cotton 8 Iron and Steel Trade 6 Course of Stock Market 13 Money Market 14 Dividend Declarations 12 New 10 Federal Reserve Bank—Brokers' Loans 15 Foreign Affairs Security Issues Petroleum and Its Products Grain—Coffee—Sugar Rubber 8 16 Foreign Exchange Textiles 8 7 United States INDEX TO STOCK EXCHANGE Treasury Financing Stock Boston Stock Los Exchange—Bonds 19 New York Stock Exchange—Stocks 31 Exchange 41 59 ______ Angeles Stock Exchange Philadelphia Stock Exchange 60 Pittsburgh Stock Exchange 66 64 Exchange. INDEX New York Stock 54 Exchange. New York Curb 58 Chicago Stock Exchange Detroit Stock Page 57 Exchange Exchange Cleveland Stock 10 QUOTATIONS Page Baltimore 8 __ 4 San Francisco Stock Exchange. 62 TO GENERAL 61 QUOTATIONS Page anks and Trust Companies— Domestic Canadian. Domestic 92 Canadian 111 _ * Municipal Bonds— 102 94 Exchange Seats 84 Public Federal Land Bank Bonds 92 Public Utility Stocks, 93 Railroad Bonds 81 Railroad Stocks Industrial Stocks 85 Real Estate Bonds Insurance Stocks 100 "oreign Government Bonds .ldustrial Bonds. Investing Companies Securities.. 72 Joint Stock Land Banks— Securities 101 85 85 Deposit Stocks 85 92 United States Territorial 92 UVEay 9, DANA 67 71 United States Government Securities. 85 B. 78 Textile Stocks 84 WILLIAM 73 Real Estate Trust and Land Stocks Title Guarantee and Safe Mill Stocks—see Textile Stocks— Mining Stocks Utility Bonds____ 1940 COMPANY, William Street, Corner of Bonds___ PUBLISHERS Spruce Street, New York Jfofe Jpqjosit and ^rxist Ca. —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 gJINCE 1876 this Company has devoted itself exclusively to the management and conser¬ vation of its It is estates—specializing the whole effort of highly trained organization in this business. one country of the which few has trust never companies in the engaged in general banking, selling securities, etc. Its Directors are: Charles H. Babcock A. E. Duncan Edwin G. William L. Galvin Baetjer William G. Baker, Jr. Robert Garrett Howard Bruce J. Edward Johnston George C. Cutler Blanehard Lyman Delano f Charles E. Rieman Randall BANK/QUOTATION RECORD REQ. Copyright in 1940 by Entered U. 8. PAT. OFFICE D. C. March 8. 1879 WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, March 9, 1928, at the Post Office at New York, N. Y., under the Act of Second Class Matter, as NEW YORK, VOL. 13. and Quotation Record institutions, and as a result statement on April 19 in he clearly stated that the President's order pro¬ the transfer of stock certificates and securities held names of "nationals" of Norway or Denmark. In expressed by some banking was Bank Morgenthau issued Secretary which Record is one of the companion publication of the Commercial & Financial Chronicle and is issued monthly. Terms for the Chronicle are $18 Der annum within the United States snd U. S. Possessions and Territories; $19.50 in Canada; $21.50 in South and Central America. Spain, Mexico and Cuba, and $23 in other foreign The Bank and Ouotation NO. 5 MAY 9, 1940 hibited the in make to order control a countries. _ Bank and Quotation price to the The subscription $1.60 per copy; Record is $12.50 Single copies are sold at of United States extra. Postage outside a year. "—~' - ——— of Gardens, E.G. WILLIAM B. DANA COMPANY, Publishers, William Street corner Spruce Street. New York LONDON designed to clarify the intent measure drafted succeeded in reaching Norway the Allies before that coun¬ Hitler's troops. The result was that the expected intensification of hostilities in the spring got under way and the theater of war was extended to the new northern front, with bitter fighting going on for control try was overrun by Herr of Norway. which inva¬ sion in a statement which he issued on April 13. Although not mentioning Germany by name, the President said that "force and military aggression are once more on the march against small nations." He added: "If civilization is to survive, the rights of the smaller nations to independence, "An unlawful the manner in exercise of force" was characterized the latest German integrity and to the unimpeded oppor¬ their territorial must be respected by their more tunity for self-government Previously the President had acted created "by the invasion of Norway when on April 10 he issued an executive order "freezing all balances and foreign exchange transactions in powerful neighbors." swiftly meet the situation to and Danish the which Norwegian Governments or their The President acted under the nationals have an interest. the Emergency Banking Act of 1933 as it the Trading with the Enemy Act of 1917. The provisions of amended President's order, which invoked which has been in¬ voked since the amendments were passed in the or of movement funds, transactions in transfers of credit unless they can mate business transactions and are At Department. Treasury the control most rigid the exchange and related transactions over 1933, prohibits foreign exchange be shown to be legiti¬ information official At those countries. a on press the state exact conference, on tary of the Treasury Morgenthau hinted for "freezing" the the American and Denmark foreign of affairs in April 15, Secre¬ that one of the credits was to investments in Norway and receipt protect Denmark which might be dishonored should the Germans continue to control tween Germany tions Norway use Neutrality Act regulations placing between the United States and if any, taken. been ment of the Russian coast around small Murmansk. applicability of the President's Norwegian and Danish credit "freezing" order to security transactions activities action having would present session by June 1. are Agricultural appropriation seem to have hopes for adjourn¬ Barkley's expressed still confronting Congress The major issues the relief appropriation, the (and its companion problem of parity payments), the Walter-Logan bill, a number of large appropriation bills, action on which is only par¬ and small National Labor Relations Board tially completed, amend¬ ments, and foreign silver purchases. Fair Labor Standards Act Amendments The battle to amend the Fair the of the floor invoked to was amendments of considered one House start to on. Labor Standards Act got to April 25 when a year-old rule consideration of three different sets Act. the The obnoxious" "least by Mary T. Norton, first by measure labor was and the sponsored Chairman of the House Labor Com¬ mittee, and provided for such minor changes in the Act as exemption of salaried workers earning $200 a month or the more a a the Wage-Hour law, opposed by 25, and debated the question until month's The Senator shattered Trade the extension of the Reciprocal In addition, the House undertook consid¬ May 3, when it was dismissed without any proclamation barring all American shipping and It disposed of a number of appropria¬ as the Administration, April a Finland well eration of amendments to of to the as Agreements Act. A second measure, known from the hours provision. well and along lines which were influenced little, by the war. bills tion by the swift develop¬ continued with its legislative Congress Europe, labors last month issuance the in ments the Scandinavia vessels by American citizens. Congressional Action as of prohibited the strict cash-and-carry basis, and Although overshadowed in the news as the waters on a of Norwegian passenger use result of the extension of the war was the as the on belligerents, prescribed a of country's com¬ situation, invoked war-time regula¬ of American ports by submarines of both plete neutrality in the as Doubt At that time the President issued a Act. proclamations which declared this series of April 10 section of a "state of war" be¬ and Norway and invoked all the provisions of the Neutrality Another action taken by the President on those countries. from 25 that he it was not until April officially recognized the existence time the President by the Export-Import Bank be rescinded pending the reasons invasion and had extended the pro¬ "combat area," hibited earlier in the month con¬ President had the demned the Norwegian approved as such by the same ordered that all credit allocations to Norway of Although without division on April 29. resolution on May 1. its approval to the The House gave all commercial transactions President Roosevelt to approved by the Senate was characteristic move, Germany against the British action in mining but surprise a President through which he could transfer of any bank ac¬ individual in the United States," the measure supervision over "every count of any EVENTS last month retaliated the Norwegian waters by sending her troops into Denmark and Norway for the alleged purpose of "protecting" those two countries from the designs of the Allies. Denmark quietly capitulated to the invading Germany army on April 9, but In the only meet to sweeping power to the APRIL—COMMERCIAL AND FINANCIAL clarifying resolution, Senators that the some exercise REVIEW OF Despite the assertions which was current situation, would give in 1933. ing the banking legislation OFFICE—208 South La Salle Street. OFFICE—Edwards & Smith, 1 Drapers' CHICAGO Treasury Department congressional action upon, a of Congress in pass¬ drafted, and pressed for had President's for the of the legal basis sure security transactions, the over Ramspeck as three or bill, contained the Norton amendments four additional ones, and therefore was little more stringent than the Norton measure. measure, the Barden posed by labor eral bill, but the one segments of industry, Barden bill would have was The third the one most strongly op¬ which was supported by sev¬ business and exempted agriculture. The agricultural processing MONTHLY REVIEW 2 said, the parties involved could slow up procedure on ordi¬ nary administrative matters. Despite this presidential industries from the minimum wage and maximum hour re¬ $150 per month or more from the hours provision. It would have defined more explicitly the "area of production" provision. quirements of the law and salaried employees earning Before debate amendments the on opposition, the House approved the Logan bill on April 18 by a vote of 279 to 97. An amendment to change the title of Representative began President opposing Wage-Hour amendments at this session, and particularly Bar den amendments. the which This was ignored embarked instead debate on At to from the amended measure, voting 211 to 171. day it effectively dismissed the entire matter pass same consideration recommit the at Proposed Amendments The amendments continued to month, even be believed Before voting to National Labor Relations Act the to National of National the the Smith Committee submitted report on March 30 supporting the drastic had it submitted March on 7. although the investigation Labor NLR4- amend¬ The formal was not report complete, "the disclosures relative to the administration and the operation of the National Labor Relations Act thus far developed have convinced perpetrated that in order furnish to a industry, upon remedial some committee of immediate relief for the wrongs that are being measure is the labor and the general public, during this session of Congress legislation imperative." The New Deal-controlled House Labor Com¬ mittee reported a measure on April 3 which contained four relatively mild amendments, instead of the Smith amend¬ ments, and immediately pushed for their adoption. The four amendments, which are approved by the American Fed¬ eration That 1. b>i a of majority That any though Labor three the even majority of their employees representatives lose a the employee Board shall be enlarged five to by adding two to that in members. Board where case shall employers and year, one change their affiliation. the present 3. for or That 2. the between contracts continued decide majority a designate the craft as of a unit a the bargaining particular for unit, craft bargaining 4. That the employer may petition dispute between contenting unions. for provided decide so election an the Board purposes. when is there a grounds that the among it would workers, industrial disputes about the nullification of the purposes of the bring and Act." The the These battle which has been going program was ended on April 5 when, long-drawn-out debate the Senate passed a Houseapproved measure extending the President's power to nego¬ tiate reciprocal trade treaties with foreign nations until a June 12, 1943. With the usual successful New Deal legislative the measure April 12. on ceremonies which of all in the tained Hull, those were father the special statement tion the all to were negotiated offered, chief a under among congressional rati¬ or the reciprocal trade authority con¬ said in a April 5, "will afford profound satisfac¬ on those who have been program, observing and appraising operatin of the program from the standpoint of our best national interest." declared built up since 1933 will become ensnarled in network a of legal procedure, many observers believe, if the Senate ap¬ House's action in passing the Walter-Logan bill. measure, which is opposed by President Roosevelt, proves the would provide for the ap]»lication of judicial rules to the procedure of the various New Deal independent agencies. Under bill the orders the before an persons issued having a in by the agencies could obtain a hearing board and then a review in the intra-agency vantageously created to the from large time to Federal time agencies under which independent have and divergent laws. the he bill was on The President expressed his opposition to April 5 when he told reporters that although some of the more important agencies, the is certainly at the present President the time no with an appropriation of approximately Following the submission of the President's Senator Pepper initiated proposal, Senate to obtain additional fiscal year so that current tained their at funds for movement a WPA for the WPA rolls could be main¬ present levels. The Senator from sought to accomplish this purpose by introducing tion which would nullify the Woodrum Relief Act, an portion amendment which funds its bearing the on that so months of the fiscal resolu¬ amendment to the will last for the ap¬ 12 full The only other executive action budgetary situation letter a last month the was Vice-President to Garner, April 21, of of Florida a requires the WPA to they year. outlining in on excess a tentative program to recapture $700,000,000 capital funds from Government agencies and cor¬ porations. The letter was in response to a Senate resolu¬ tion requesting the Director of the Budget to submit Government credit coiqiorations whose capital list a is to be reduced in line with the President's proposal. The agency which would be most affected by the proposal is the Recon¬ struction Finance Corporation, $300,000,000 of whose would capi¬ The President's proposal is part be recaptured. of his budget plan to avoid increase in the debt limit. an Appropriation Bills Congress took action last on number of a month, thus nearing completion follows as appropriation bills of of the largest one may These actions, be summarized : Independent Offices Bill—Signed by conference report of had been approved $1,120,243,528, the on President April 12. April on 18 after a Carries appropriations figure which is about $74,000,000 under the budget. War Department Appropriation Bill—Approved by the House on April 4 with appropriations of $784,999,094, a reduction* of $67,357,600 below budget estimates. War a Department 17 April 362,517. and These above 989,950 $15,000,000 Civil returned Functions Bill—Approved by the Senate on House with total appropriations of $223,$2,069,917 above budget estimates and $19,approved by the House. The Senate restored the about were the to to total begin construction of a set new of locks Panama the at Canal. Rivers and Harbors Authorization Bill—As approved by the Senate on April 24 it authorized $150,000,000 for 146 navigation projects throughout the country. A similar measure was approved by the House last year, but it contained only $83,848,100. The Senate had originally contem¬ plated a bill carrying $231,090,980 in authorizations. President Roosevelt indicated on April 2 that he would veto such a measure because there are authorizations First Deficiency of Legislative measure on $650,000,000 May 2 agreed on Bill—Final completed by the Senate after already on a on on the $il0,035,450 this books. 18, carrying House back total a Bill—The cutting off measure Senate approved this to the $963,797,478, which is about approved on $2,000,000 April under The bill goes House. House the was $28,707,720 $182,024 from the House figures and about $125,000,000 under budget figures. War .Department by of joint A bill. $92,035,408 April 3. on Appropriation April 8 action figures. Navy Department Appropriation Bill—Approved by the Senate on Supply Bill—This April 4 after $784,999,094 measure $68,357,360 had been cut was approved from budget figures. Labor Department-Federal Appropriations Bill—Approved by the Senate and returned to the House on April 26, carrying appropriations of $1,025,057,170, or $3,000,000 above those approved by the House. The budget figure was $965,988,642. Interior Department Appropriation Bill—The Senate on May 2 approved a $136,262,834 measure, which Security was $2,235,220 above budget estimates and $17,684,647 above the House figure. Other unfamiliar with the specific provisions of the Logan bill, in principle he felt it might be wise not to apply judicial rules to the agencies. If strict rules were applied to relief the the "substantial / interest" in Circuit Court of Appeals. The bill is based on the premise that a uniform procedure for hearings and a uniform method and scope for judicial review can be applied ad¬ been "there $1,500,000,000" 1941 The vast bureaucratic structure which the New Deal has The that conference committee Walter-Logan Bill letter a current fiscal year unused The in contained were information available to justify a reduction in the program of the WPA below that which has been carried on in the Passage of the measure, Secretary measure. of climax Prior to final passage the Senate calling for Senate pacts recommendations Bankhead of the House. Say¬ ing that his hopes for an improvement in the spring in employment prospects had not materialized, the President battle, the President signed beat down all amendments which fication that to President wrote to Speaker reciprocal trade after 18 instead of being compelled to the 12 months of the fiscal year. front, since January over on over tasks it had before it at the present session. which ranged over a rather wide Reciprocal Trade Treaty Program Extended April on eight months, if necessary, spread the amount "produce bitter internal dissension cause Congress provision be contained in the measure permitting the Work Projects Administration to spend the entire amount in tal A minority report of the Labor Committee, submitted on April 9, condemned the third-mentioned amendment on the asked Roosevelt his budget recommendation of $975,000,000 for the Projects Administration, but he also asked that a Work of shall a approve President's Labor, provide: measure problem of relief was being pressed upon solution again last month. With the urban fits—President formal a Senate passed a similar The groups log-rolling to obtain aid for their respec¬ tive causes—increased relief funds and increased farm bene¬ Act them at this session. on its investigation Relations Board, said that Relations conference with the President, that he a action would be taken no Labor annual Congress for to 175. other no and rural important congressional issue last though House Majority Leader Rayburn said resuming ments by for The Relief Problem The an April 10, after on session current the original Norton bill by a vote of 205 to and subsequently withdrew it when the New Deal learned its actual significance. Representative Ramspeck withdrew his amendments, which left only the Norton measure to be considered. The House then proceeded to amend that bill beyond the recognition of its proponent, and on May 3 On the the bill. to death and then defeated it. measure profession, legal the in was visions of the same time, refused Lawyers' emergency relief bill to end "The last year, but (April 30) however, as the House subsequently amended the Barden to defeated, as were also amendments to exempt various agencies such as the National Labor Relations Board and the Tennessee Valley Authority from the pro¬ April 25 to determine the manner in which the Wage-Hour amendments would be considered. This debate was hardly necessary, bill purpose" by the House, acrimonious an on the unemployment Norton made public a statement by the In the addition Congressional Action on the above-mentioned bills, President and Congress acted upon a number of other miscellaneous as to follows: jits actions proposals, the more important of which are 16 a measure creating three Appeals judgeships and pro¬ viding six additional district judges. The House sent the measure to conference on April 18. 'President Roosevelt vetoed on April 8 a bill providing for The Senate approved on April Federal new Circuit Court of the mandatory deportation of aliens engaging in espionage sabotage, alien criminals, and those convicted of violat¬ ing the narcotics laws. The President opposed the section or of the requiring deportation of those who have been to a public or private institution as bill lawfully committed habitual users President for the House the narcotic of drugs. providing signed on April 24 a bill Roosevelt reapportionment of the 435 seats in the basis of the 1910 census. Final action on automatic the on measure taken was Senate on April 12 after the by attempts to exclude aliens in determining the new appor¬ tionment The House voted April 19 to extend the Federal crop on cotton, starting with the insurance program It is limited to wheat. ate now for provisions to hides. The House dent some Philippine ended. war May 2. on override The House President's the April 26, on veto of however, bill a granting increased The House April 23 approved and sent to the Senate a on after specified The House of service. years April 22 approved a resolution authorizing five-member House committee to inquire into the inter¬ a state Funda on Labor questions were decided in labor the victor. was issued by the Federal was three decided was Court in Kansas City, impounded 27, awarding the $500,000 in the decision, the Court concurred judges of April 9, but the third dissented, holding that the funds should be returned to the producers from which reached was whom they Wallace indicated collected. Secretary appealed. were that the case would be April 27 to the New York "Times" also said: Advices of that ended Jan. 10 with Henry A. Wallace, The ruling followed a hearing It Secretary of Agriculture, coming to Kansas City as a witness. was his 1933 that brought about impounding of the commission fees collected in excess of the rates he prescribed. On Nov. 1, 1937, Secretary Wallace issued a new order to the stockyard marketing agencies and the rate, higher than that of 1933, was accepted the the by livestock in reducing commission rates on court resulted and action commission the in men. Workers Can Sue for Wages Due Under Wage- Federal Court Rules of Law—Constitutionality Law Upheld Another in Decision *"* which to Men—Appeal Planned long disputed livestock commission rate case to the commission men of the Kansas City Stockyards. Two of Judge Guy R. Bard, at Philadelphia, rendered a 29 holding that an employee may sue his Federal two important Supreme In the first case, Stockyards Case Awarded City Kansas in the Hour Court decisions handed down last month, and in both cases law. into effect under the terms of the go Impounded in An order migration of destitute citizens. Supreme Court Decisions order. If no vote of disapproval within 60 days, the plans auto¬ Commission order providing for the automatic promotion of army officers the is obtained in either branch refused to pensions to 362 widows of Civil War veterans. bill of service chart tireless fight against the the April 25 voted 274 to 82 to override Presi¬ veto of a bill granting an estimated 15,000 officers and men who were held Island service after the Spanish-American The Senate supported the action of the House $7,000,000 to in on Roosevelt's Coast and Geodetic Survey. More than that, it will provide representation at the Cabi¬ net table for a program of basic significance to our national transportation and our national defense." Senator McCarran, sponsor of a resolution to disapprove the plan, charged the President is "trying to scrap a great independent agency which has established an enviable record." He pledged a gation it became known April Act to extend its the Commodity Exchange essential air navi¬ services of the Weather Bureau and the The measure goes to the Sen¬ April 22 passed and sent to the House the on amending on the press outlining at 1941 crop. House amendments. in concurrence The Senate bill to April 30 to issue a special statement to length his reasons for submitting the plan and restating "in simple summary" the nature of his proposals. The President said that his plan would place the CAA within the Department of Commerce, "where it will have a closer relationship with the important reporting dent was moved matically defeated. were 3 MONTHLY REVIEW May, 1940] decision March employer for wages due him under the Fair Labor Stand¬ The decision also granted workers, in such suits, April 22 in two opinions written by Justice Murphy, the court held that free discussion of labor disputes "was "in¬ ards Act. dispensable" to popular government and that therefore the anti-picketing laws of Alabama and a county in California are unconstitutional. The majority opinion, from which mine the amount owed to them, with the on Justice McReynolds "dissemination labor union the sole dissenter, held that the concerning the facts of a was information of dispute must be regarded as within that area free discussion that is of guaranteed by the Constitution." The second labor case, decided on April 29, was that in¬ volving the legality of the Walsh-Healy law under which the Secretary of Labor fixes minimum wages for steel com¬ panies filling Government contracts. In an eight-to-one decision the court held that because no rights of the com¬ panies had been damaged by the wage determination, they lacked standing. Although the chief controversy in the case had been for the over Secretary's power to define a "locality" basing the minimum wage, Justice Black, who wrote the majority opinion, passed over this point and instead dealt chiefly with the standing of the corporations in court. The only other important development in the Supreme. Court last month was the refusal of the justices on April 8 to review National the of order an Labor Relations Board directing the Republic Steel Corp. to reinstate and pay back above 5,000 employees who took part in the strike wages to the States United 2 April on refused Court Circuit upheld 32c. a of Appeals, Fifth at New Orleans, constitutionality of the law and of the Wage-Hour Adminis¬ the aside set to trator-fixing order an hour minimum wage for employees per of the textile industry. J. M. Johnson Named Monroe J. member of Johnson, a the by President Roosevelt Assistant Johnson, nominated was as Member of ICC Secretary Commerce, of 2 to be by President Roosevelt of May Commerce Interstate the Commission. a Mr. native of South Carolina, was named to fill out unexpired term of Marion M. Caskie, who resigned on April 1 to return to private business. C. L. Seavey Renamed to Federal Power Commission and W. A. Ayres Reappointed to Federal Trade Commission President names Roosevelt of Clyde L. Federal the June sent to the Senate Commission Power for May on Seavey of California to be the Commissioner 26, for Both 1940. of term a these seven nominations 2 the member of a term 22, 1945, and W. A. Ayres of Kansas to be Sept. Reorganization Plana to the records pertaining to themselves. In another ruling under the Wage-Hour Act, the Trade against the company in 1937. examination restrict their plaintiffs must of the employer, to deter¬ qualification that books right to inspect the expiring a Federal from years reappoint¬ were ments. Under the Reorganization Act of 1939 the President has the power to within ment, Teamster's Strike at New York reshuffle the various agencies of the Govern¬ prescribed certain limits. Last month the President, acting under this authority, submitted Reorgan¬ of Teamsters and ization Plans Nos. 3 and Federation 4, on April 2 and 11, respectively. World's Fair Settled The strike of Local 282 of the International Brotherhood saving of called the setup of the Treasury, Interior, Agriculture and Labor Departments, and also the Civil Aeronautics Authority. A new office, Permanent Fiscal Assistant Secretary of the Treasury Department, is an affiliate of the American against the New York World's Fair, April 24, was ended on April 26. The strike was called created whose duties would embrace "those functions of the Chauffeurs, of Labor, objected The 3 No. $150,000, which would effect plan, Treasury pertaining Department activities." The an annual changes in proposes changes in the to financing and fiscal OAA were designed to clarify its relations with the Authority's five-member Board by entrusting economic of to Board the regulation those functions because the union said the Fair was abrogating its agreement with the Building and Construction Trades Coun¬ cil, of which Local 282 is rule-making and adjudicative character." a members exclusively within the to Fair's member, to employ A. F. of L. the Fair grounds. contract with The union the Department of Sanitation for garbage removal because the departmental truck drivers are civil service men and do not belong to the union. / After "relating" to and certain other activities primarily on Fair a and conference the with teamsters representatives union, Mayor LaGuardia announced on which of the called the World's strike, April 26 that all differ¬ Plan No. 4 further clarified the status of the CAA by putting it within the jurisdiction of the Department of Commerce. Plan No. 4 also contemplates transferring the functions of the collect garbage, as they did last year, between 11 p. m. and 7 a. m., with the Fair attending to this in the day time. Air Automatically a Safety Board to the Civil Aeronautics Authority. will save $300,000 These changes, the Pre_sident estiihates, annually. Treasury ences of which the reorganization plans of render it they affected the Congress movement a disapprove inoperative. plans for the CAA grew The was of started to have either the plan and thereby criticism of the President's to such an extent that the Presi¬ the strike, which had stopped the delivery Governor Lehman Vetoes Bill Ending Double Tax on Odd-Lot Trans¬ actions—Signs Measure Curbing Outside Trading by New York Stock Exchange Members plans propose met with a storm of opposition, with the result that branch as settled, with the city trucks continuing to supplies to the Fair, terminated. not criticized, but the changes in the CAA The were had been Governor Lehman have stock. he eliminated In termed a on April 12 vetoed the bill which would double taxation on odd-lot transfers of veto memorandum the Governor assailed what the unbalanced Republican financial plan and 4 monthly review lose State would that if this measure were signed the asserted additional On the $1,500,000 in revenue. day Governor signed the bill designed to assist the New an the York Stock Exchange enforcing in rules same public markets in its own stocks exchanges outside the war, Saturdays on April 11 signed the bill permitting from June 30 to Labor Day. Saturdays Under existing law banks are Saturdays only during July and Au¬ A provision of the new bill is the inclusion of private and banks safe 011 companies deposit the in of scope the Establishes States Bertel E. Direct with Iceland— Consul United States Consul at Zurich, apix)inted was Representation Kuniholm Appointed Bertel E. Kuniholm, the Switzerland, April 20 by the State on De¬ partment to be the first American Consul in Iceland. Mr. was instructed to open a consulate at Reykjavik, Kuniholm the The recognition of Iceland by the capital of Iceland. States United from all Government Denmark, a on made was political as April entity, 16. separate Iceland has ap¬ upon a it indicated. of the was Consulate Greenland—J. at K. Penfield Named Head State Department The that United a at Washington announced May 1 Consulate would be established pro¬ States visionally at Godthaab, the State Consul, James K. Greenland. Department's Far Eastern L. George with West Jr., Division who is Foreign Service School in the Department, Allied Important steps by attending the Vice-Consul. as under the The the govern¬ supplies of American funds immediately available for purchases of war materials of such British The United the in measures American upon Treasury securities States, and the possible influence own markets cannot be ignored. our issued which April 14 on holders in required forthwith to turn were previous closing securities, including United as and New levels. States The such Some Japanese Government loan the held and of 1924, stocks. There stocks Chrysler Motors, also included in were form same the as did the as February for the surrender of 60 American now 177 American issues requisitioned by the British authorities, who are known to be determined market to are the stocks adverse effect able upon and bonds markets. our to the size of the British as the nature of the issues. during April of liquidation least No estimates possible avail¬ are holdings of the securities affected, but it is assumed that the to the with There is sizable, sum were owing indications some of the securities, although the chief British reliance for foreign exchange is still that of gold transfers at the $35 price which the Treasury in Wash¬ ington continues to pay. budget, and new of American Canberra still portant istry, stocks authorities was that by order an are to of surrendered be Australian the to More nationals. Canadian the Finance im¬ Min¬ May 1, whereunder all gold and foreign exchange on of the Bank of Canada, estimated at $250,000,000, placed at the disposal of the Canadian Foreign Ex¬ change Control Board, the bank being reimbursed by Do¬ resources were minion were securities. Canadian holders May 31, some United States These Canadian resources of the in States. measures the Equalization Fund which have of the are effect by the order. Kingdom, where gold holdings were turned after soon affected not begin to resemble the gathering United Bank of England continue their activi¬ can The immense Canadian holdings securities The French Government ings exchange holdings to the Control Board by exceptions being made so that insurance com¬ ties in the United of foreign ordered to sell their panies and business organizations of of on of the over to the closer Exchange began. series of decrees European May 2 issued a placing foreign French citizens under war exchange control obviously borrowed was through broadening of the incidence a war 1940. It was by the with the year in the plained that wholesalers war effort was said, will comment just beginning April 1, placed at a Government costs in the fiscal cost of to retailers. and £2,667,000,000. The £2,000,000,000, while the ordinary expenditures will aggregate £667,000,000. To meet these caused was Foodstuffs drinkables and ex¬ between by the fact that this action will uries in the in taken was sharply ad¬ were vanced,, and the old standby of still higher imposts 011 lux¬ smoking and drinking classifications again was evidence. In explaining his borrowing intentions, the Chancellor said merely that he did not propose to pay more than 3% interest on the loans. Widening Scandinavia great European war with lightning swiftness, early in April, and by the end of the German the month all of tained at peace, and regime had consolidated its hold the large southern portion of Nor¬ way where the bulk of the population and the industrial strength of Norway is concentrated. Sweden was main¬ of thus Reich other munications war but was made German the took than virtual economic satrapy a because the of of all com¬ Germany. The closing through Russia or abrupt turn involving innocent neutrals, apparently because the great contestants found it impossible to come to grips directly. Apifil, throughout and an aerial the German of submarine developed in usual which On the high numberless were The Western Front for the save "dog-figlits" weather permits. seas activity the develop only was seas near was quiescent scouting expeditions a whenever the moderate amount apparent, but Scandinavia. intense There about reports preparations for drawing still more neutrals into the fray, with Italy the great ques¬ tion mark, owing to a campaign in that country which suggested early entry into the conflict on the side of Ger¬ many. A British and French battle fleet was dispatched to Alexandria, Egypt, during April, ostensibly to impress upon Italy the advisability of remaining neutral. The Balkans were continually in turmoil. The less carried was war disregard by into both Scandinavia sides the of owing to a ruth¬ rights and the sov¬ the small and peaceful States concerned. At the beginning of April the Anglo-French effort was directed ereignty of mainly to a tightening of the blockade by which it was hoped to strangle the German war effort. Means for with¬ holding supplies from the Reich were studied carefully, and much made was berlain, in a by British speech on Prime Minister Neville Cham¬ April 2, of what he termed "double- standard neutrality." He asserted that the Allies had paid scrupulous regard for the rights of neutrals, whereas Ger¬ had not hesitated to violate such rights whenever it many the Nazi effect same the one. British more The new address and of war goes more when he indicated Germany that leaks being stopped one he said, "the strangling effect on, are drain the lifeblood out of our enemy." French Premier, Paul Reynaud, asserted in a radio on April 5 that the Great Britain and Berlin, belm April 4, on blockade As the will Mr. Chamberlain again spoke to purpose. the on the word. war is not "phoney," and that France would accept no same "phoney" peace. day, Field Marshal Hermann Wil- Goering spoke about be delivered a "decisive blow at the West," whenever Chancellor Hitler gave Some minor changes were effected in the British Cabinet, in acknowledgement of the rising criticism of the conduct of the war. retaliatory flights re¬ Nazi Denmark 011 found by The financial orthodoxy which is Warfare involved in the was made transactions on Telephone and telegraph rates postage. prodigious outlays, he proposed taxation to raise £1,234,000,000, while the remaining £1,433,000,000 must be borrowing. only be paid will com¬ but Sir John century after the introduction in England of penny a the chilling document which the amount it resembles the sales taxes and Australia, States exempted from this "purchase levy," and a similar ex¬ emption will apply to water, gas and electricity. The rate which, would John and £5 year be the World War levels. Sir This closely United In year, The tax of such per¬ against £7 last There will be a new "purchase tax," which before. Chancellor presented, for it set financing records in various ways and increased the British tax burdens even beyond All income of £300 a year. an will amount to £15, as Parliament. to mon by year for those with in¬ Sir John made this clear by remains to be fully elaborated in a bill to be presented soon Paris Budget in every respect a The citing the tax hereafter to be paid by a childless married in budget for the British fiscal from other countries. raised almost as a matter of course, chiefly the lower brackets. in comes suited Chancellor of the Exchequer Sir John Simon went before the House of Commons in London, April 23, and presented a was increased in the expedients were introduced which the some Chancellor hold¬ authorities. British seven months were £995,000,000 had been exceeded by income tax activity Following closely in the footsteps of the London authori¬ ties, the Australian Treasury late in April issued a brief list estimate of revenue those "the estimate of £1,933,000,000. £54,000,000, Sir John added. Virtually every form of taxation 117 covered leading foreign bonds, such order, which took precisely the initial order in order Steel, Bethlehem Steel, Central. York against as the basis of the on newest widely the authorities in to over second list of Kingdom a United the exchange for sterling funds, computed operations extraordinary budget announced last September. Actual outlays for all purposes in for inland postage was raised from l%d. to 2 Mid., and some Allied various increasing toward named was Resources takeq were April, during ments, Exchange Penfield of As the basis for his new accounting, the Chancellor cited the results of seven months of sons now United States Establishes quarters, he some In preference to jeopardizing the voluntary efforts small investor, the British Treasury wishes to rely greater response to existing methods of borrowing, man pointed Vilhjalmur Thor as its Consul General. for them in merits claimed the £1,816,873,009, measure. United had added. State banks and trust companies to close on gust. Schemes deductions from wages paid to promise of repayment after the had been fully exajnined, Sir John stated. But the on from June 30 to Labor Day permitted to close by taxa¬ Government remained far from convinced that such schemes Close Governor Lehman Signs Bill Permitting Banks to on sums indicated also in the sphere of borrowing. was proposed for compulsory British workers, on the State. Governor Lehman tion its prohibiting members from making all flected in the endeavor to raise all possible at British the start bases at The usual aerial of the Seapa month Flow were made bombing attacks were by German pilots against and elsewhere, and some by the Royal Air Force.' Lon¬ regarded as vital owing to the Italian wavering and an apparent inclination on the part of Premier Benito Mussolini to join his axis spect to some of the German claims the Admiralty in In tliis atmosphere the lightning suddenly struck in Scan¬ dinavia, in the few momentous days from April 7 to 9, with each side blaming the other for joined iron ore port don maintained silence. The issue was of high-grade Swedish the events. the problem of shipments over 5 MONTHLY REVIEW MaYj 1940] the Norwegian through The problem was of Narvik, from the mines Kiruna partner in the war. which both Germany and Great Britain using to obtain the ore. The German vessels hugged were Norway Falls Norwegian resistance to the German invasion was organ¬ Norwegian coastline and managed to reach the Reich the without venturing into the open sea. violation of no irked the Swedish the and immediately to the aid of the small Scandinavian country. But all efforts proved abortive, for by the end of who realized that not only products were reaching the The Baltic was frozen at the time, April the German forces were in complete control of the of southern Norway which contained some sixsevenths of the population of 2,800,000, and almost all industry. The conflict was a brisk one, which fails to throw a favorable light upon Allied intentions and meas¬ ures. King Haakon of Norway refused to temporize or to negotiate with the German invaders. The people of Nor¬ way, taken aback, were unable to offer any serious resist¬ ance. But Allied help was promised, and British and other manner. ordinary rushed but it portion for Germany via the available. The Narvik thus assumed sharp importance. supply of route Swedish port of Lulea was not then shipments of Swedish this In situation the at during the action that Command High British suddenly the mining of Norwegian for was made April 8 early no brief hours as that indication an the initiative miles south and 100 miles north of Trondheim, merely prelude to the a object number of in tells its hands offered only having Denmark, Nazis. the of the were pro-forma defense no Norway, resistance. the 6,000 tons, Even ish German before the an loss of estimated nevertheless found Trondheim and of the the the Skagerrak, Norwegians April 9 that Oslo, Stavanger, Bergen, were in German hands. Plans obviously remains Allied spokesmen, German attack was first British the by the violated Norwegian statements that German also neutrality. The coast of the to unexploded the German vessel, while admitting that Six German destroyers assisted of Nazi troops at the into the hands of the which them all to at Narvik. the lost a bottom in number Commons He subsequent thereafter that May 2, even as it was in progress. force near Aandalsnes was reem- the stated that so far as he knew the action had carried been of them confirmed. London, in indicated barked and of destroyers There were endless reports of sinkings of Ger¬ naval vessels and transports, few Prime Minister Neville Chamberlain announced the retreat in the House of far northern port of Narvik, and these But the British also action. man sent invaders, who thus were cut off and found it necessary to beat a hasty retreat. in the landing ships were promptly bottled up in the port by British fleet units, valleys that contain the rail and highway communica¬ of the Scandinavian country. Battles developed especially at Dombas and Stoeren, not far from the coast, and the Nazis were the victors. These junction points fell an shell had pierced the Renown just above the water line. of inestimable importance. Norwegian campaign moved swiftly to its conclusion, tions battleship Scharnliorst, off the Norway, and the London Admiralty claimed heavy damage the Nazis in flying Nazi columns began to crush the Allied forces in as German the The Allies of suitable places for troops, by this is a factor running fight developed between the British battle cruiser and almost all the best ports having been their initial movement. In these days of "Blitzkrieg," conducted by highly mechanized units, seized by ships and by aircraft, and some naval battles developed which still remain to be cleared up. It appeared that a Renown were were landing but the fact launched only after to Norwegian soil both troops were transferred and Some heavy casualties were suf¬ by the Anglo-French troops, it appears. handicapped severely by their lack fered advance, for the rapid carrying out of the move could not otherwise have been effected. Much was made of this in subsequent movement, whereas the Allied forces devoid of aerial support. made by the Germans in were this in Narvik all this invasion for on But lives. 150 Sweden landed were German troops, operating out of Oslo, moved swiftly along the narrow Norwegian valleys toward Trondheim and Bergen, with the aim of effecting junctions with troops holding those points. Well equipped with tanks and armored cars, the Germans displayed an amazing energy and also a profound knowledge of the terrain. Halted by small opposing bands, the Nazi invaders swiftly deployed over mountain roads, and attacked the Allied forces heavily. The German air force cooperated skilfully April 8, through the Brit¬ on troopship in German torpedoing of a with troops landed, intimations of events were available with end of April that the forces toward the dent reported to be the German cruiser Emden of 5,400 tons. course communications afforded whM1 woefullyanadequate. Another casualty bottom. the sent to were tale. by the course of the campaign. The Allied effort to take Trondheim doubtless was a serious one, but it became evi¬ made a somewhat more determined effort to keep the country from falling straightway into German hands. Norwegian coast guards put up the greatest imme diate show of resistance, especially in the Oslo Fjord, where the German cruisers Bluecher of 10,000 tons, and Karlsruhe was own obviously' was a point of the highest strategic importance, since the attitude of the Swedes probably was determined Skagerrak, of all signs point dalsnes, south of Trondheim, and at Namsos, north of that port, iorces, across German sea communications to Nor¬ to considerable success in such But the Germans resorted to airplane trans¬ disrupting Anglo-French landings were effected principally at Aan- operations carried out that the populations had no advance warnings and merely awakened on April 9 to find Copenhagen and Oslo in the swiftly So again portation, when sea communications failed, and they beat Allies to the battlefront. Reports of these develop¬ ments still are confusing and inadequate, but the end result strategically and economically important points Norway. Skagerrak the the April 9 German troops began to march over border and German troops were landed at a on Danish the of and endeavors. by German Nazi forces. At dawn entered way, this action in fact proved terrible invasion of Scandinavia the Reich, tighter around Allied forces. British naval and again, with the the immediate objective of the units had passed to the Allies and that the blockade was being drawn ever landed in mid-April at points about 100 which was French troops were by the Anglo-French where the mines were laid so needless loss of life might occur. Hailed for a who indicated authorities, few ore the territorial waters three points of Stadtlandet, Bud and West Fjord, the night of April 7 to 8. Joint announcement of arranged circumstances permitted, and the Allies as authorities, but Reich in this rapidly as also British ore ized There was, of course, law in this procedure, international out that loss without the of life. It appeared soon also had been given Namsos landing by the British and French, which signified that all of been abandoned by the Allies. Chan¬ cellor Adolf Hitler was aware of the outcome on April 30, for he then issued general orders praising the German com¬ In later up in Norway for southern Norway had action, when the Allies endeavored to land troops a counter-stroke against the Nazi invaders, similar claims of sinkings of Allied ships were made fre¬ quently in Berlin, but in this case also confirmations rarely were available. The naval aspect of the invasion of Nor¬ declaring that the Allied efforts to the Scandinavian battlehad been conclusively nullified." Only a Narvik, to and mand front steamroller flattened out all resistance in the north, a matter of three the control mons, ports from which, will be launched against of the war There well were may it British end is plain, sea general attacks power, and the course to her knees on the Allies able to report any success, and for that point still was in progress at the of April. In his accounting before the House of Com¬ weeks, and the entire southern portion of Norway was in German hands by the end of April. Germany thus gained of troops and Germany "beat remains to be disclosed, but the fate of that unhappy country no longer is in doubt. The Nazi "Blitzkrieg" way were struggle Prime Minister Chamberlain declared that Germany destruction of naval and -other shipping, had suffered a vast be affected thereby. and the balance of the favored the Allies, he said. already some indications, at the beginning of Norwegian campaign actually He hinted also at "vital emer¬ May, of the trend of events in northern waters. The Ger¬ man High Command announced officially on May 4 that a British battleship of the Queen Elizabeth class, of some¬ what more than 30,000 tons, had been sunk by a German aerial dive-bomber off Namsos in Norway. It was claimed gencies" elsewhere, which claimed the attention of the Brit¬ ish war strategists. But the fact remains that the Nor¬ additionally that a British heavy cruiser and a destroyer had been sent to the bottom, but interest centered in the ships also are undisclosed, as yet. alleged British sea men sinking, and according to the German account, and a sheet of flame indicated that the magazine had been hit, for the vessel was said to have simply disappeared when the smoke cleared away. In London it was denied May 5 that such a sinking had taken place, officially on but with re¬ position of Sweden necessarily was highly awkward uncomfortable during the invasion of Norway, but the Stockholm authorities kept their country free of participa¬ insisted neutrality, but for a time the general assumption was that the Swedes would aid their Norwegian Allies if any likelihood appeared of Anglo-French successes which might open the communi¬ cations and enable Stockholm to obtain effective assistance. tion. • turrets, employed by either side, and the losses in men and The since this indicated a test of power and German air power which might prove The battleship was hit between two forward battleship indicative. wegian campign was a terrible fiasco for the Allies. No reliable estimates so far are available of the number of Week after week the Swedish authorities that their aim was the preservation of their own MONTHLY REVIEW 6 trade hardly matters to be ignored in the general reckoning. But the course of events in Norway obviously left the Swedes with no alternative to continued neutrality. Any move, moreover, might easily have provoked an attack by Kussia, and this consideration was disclosed as a weighty one, early in May, owing to Moscow reports that Berlin and Moscow had agreed upon the need for continued Swedish aloofness from the conflict. This suggests that any warlike step by Sweden in defense of Norway might quickly have drawn the wrath of Russia and the of force air country, are United Intense occasioned was a neutral the if she wishes until May 2, when Prime Minister Chamberlain announced in the London Commons that an House of been Anglo-French battle fleet had dispatched to Alexandria, Egypt, and would tend to Italian Mediterranean. keep the balance in the Eastern be important in the Dodecanese islands, near the entrance to the Aegean Sea. Anglo-French troop concentrations in the Near East were heavy, and all of Eastern Europe trembled lest some untoward event let slip the dogs of war on the Balkan peninsula. It is a strategy that takes in three continents which the events in the Mediterranean may reflect. Not only the forces known were Balkans, to the but also is in found be to the trade Asia, must be taken East Washington. In that address the British appealed for harmony between London and Tokipi and for a disregard of "the unwelcome attentions of interested third parties." The international furor in misgivings caused by that in debate declaration made inevitable a Parliamentary and it is highly significant that full London, ' accepted on April 3 by This attempt at "ap¬ peasement' of Japan soon was followed by intimations in Tokio that any involvement of Holland i^ the European wrar could not leave Japan indifferent to the'fate of the Nether¬ responsibility for the address was Lord Halifax, Foreign Secretary. Ws promptly The Japane_se view lands East Indies. coun¬ where Secretary of State Cordell Hull April 17 that the Japanese contentions are tered in Washington, announced on premature, since no emergency to the vast Dutch possessions. the Dutch the in vention of cause Pacific More than He warned that any inter¬ Indies would be prejudicial to East stability, presently exists with respect peace and security in the entire area. Mexican States, which now are the Balkan re¬ spokesman But the essence of the problem doubt¬ into consideration. less and the African colonial situation attitude of Near Eastern countries in and to herself is the greatest sufferer dislocations of the conflict. waged by Japan against to be considered neu¬ fully disclosed Cross of aggression being China was desultory in April, and the diplomatic aspects of that conflict also remained un¬ changed, since no one took seriously the Japanese efforts to set up a puppet-regime at Nanking under the renegade Nationalist, Wang Ching-wei. But the relations of Western Powers to the Far Eastern situation was apparently under¬ going a subtle change. The speech made in Tokio by Brit¬ ish Ambassador Sir Robert Craigie, on March 28, aroused remaining With growing might undertake. attitude was. not Italian of Allied restrictions tolerant be Ronald H. Fighting in the long continued war But the real concern of the Allied Governments over the to Warfare intentions and asked American busi¬ member that Great Britain Italian press be*gan to prepare the people of Italy for participation in the conflict, early in April. So ominous were the reports that Ronald H. Cross, the British Minister of Economic War¬ fare, issued a public warning on April 17 that Italy must like Economic of the Allied men ness intensity and volume, the well-controlled behave Minister British confirmed by the course of being asked on every hand where the lightning next might strike. Italy was the real enigma in this situation, and Allied strategy plainly was directed toward countering whatever moves tral. return eventually Far among in an intention of the Allies to liberal commercial policies of inter¬ national intercourse. In an address at London, April 30, European neutral countries, during April, Scandinavian developments, the question Premier Benito Mussolini so and found some solace pears, to from concern long as this does not affect the The State Department reserved all rights of the States Government under international law, it ap¬ interests, Neutrals Remaining European inconveniences caused to neutral minimize the to and control. the country. upon desire a Swedish army, and the navy and sizable The well-trained two years Expropriations after the unprincipled and illegal important bases of supply for the embattled German Reich. "expropriation" by Mexico of American and British-owned pronouncements during April were to the effect Balkans must be kept pacific, and this unques¬ at approximately $450,000,000, the Washington addressed another patient note of objection to the Mexico City authorities, with re¬ sults that are no more satisfactory than those reported on All Italian the that The Russian attitude is tionably reflects the Berlin view. enigmatic, but in view of the understanding^ between Berlin and Moscow it may be assumed that the Kremlin would outbreaks in the Balkans, for the time being. Rumania is the chief bone of contention, of course, owing not encourage to the resources and other supplies. of that country in oil King Carol continued to arm his country for all eventuali¬ ties, and preparations also were rushed in Yugoslavia and other Balkan countries for the inevitable showdown. The clearly was foreshadowed by the Allied concentration test of battleships Egypt. Holland and Belgium, mean¬ guard, and Switzerland also continued into military service. There were signs near while, remained on to draw more men Spain might back Italy in any warlike move, and this that added to the general apprehensions. American oil As published on April 10, the note pro¬ previous occasions. posed the submission of the dispute to international arbi¬ tration. Much was made of the need, under international law, of "adequate, effective and prompt compensation," not only of the oil claims but also of the many other seizures which Mexico has been guilty in recent decades. But of attitude quickly Mexican the was manifested by a ruling and Arbitra¬ of the official Mexican Board of Conciliation tion, to the effect that the oil companies workers former some should pay their 117,500,000 pesos severance pay, ow¬ ing to cancellation of contracts on the very day that their properties were "expropriated" by the Mexican Government. On May 4 the Mexican Government answered the protest of the State Foreign Policy valued properties, State Department at Department and, as might have been expected, proposal for arbitration was turned down on the quib¬ bling ground that the matter is an internal one. The devi¬ ous efforts of the Mexicans to prevent this matter from the War developments in Scandinavia made necessary, during revision by President Roosevelt of the proclaimed area to which the neutrality legislation applies, and an¬ nouncements to that effect were issued in Washington April, a The region into which American shipping not venture was defined on April 10 as extending clear April 10 and 25. may around Scandinavia, to a point on the Russian Arctic coast the that cash-and-carry are held the in action was taken, United it for States account of Scandinavian countries. appears, under provisions the This of the banking legislation of 1933, and the intent was clearly to prevent any American deposits from falling into the hands of the new masters of Denmark and Norway. In the closing days of April a new venture in American diplomacy was rumored persistently to be in progress. fear that Italy might join its axis partner The active hasty exchange of as belligerent was said to be prompting a between Washington and Rome, communications an with the The basis for such endeavors and the outcome of the reported effort are not yet clear. Meanwhile, a more satisfactory tendency toward simple upholding of American interests and doc¬ trines was noted on April 26, when conversations were concluded in Washington between American officials and intent the of keeping Anglo-French Italy neutral, if possible. representatives who arrived there on March 6 for discussions on the Allied contraband control measures. The and his French Mexican silver at double disservice to people of the United States thus is to be noted. calmly the continues its inflated and British delegate, Frank Ashton-Gwatkin, colleague, Professor Charles Rist, expressed purchases of values, and a Steel Trade—Non-Ferrous Metals provisions nationals of the two overrun emergency tion artificial On Murmansk. April 25 Mr. Roosevelt stated that of the Neutrality Act now apply to Norway and Denmark. President Roosevelt issued on April 13 a blunt condemnation of the unlawful exercise of force, but no great attention was paid to that typical statement. Regulations were announced by the Treasury Department in Washington on April 10 which have the effect of freezing whatever balances of funds or securities near reaching an impartial international tribunal need no com¬ ments. But in the meanwhile the Washington Administra¬ The steel trade showed little change the of rate steel production, with during the month in scrap prices closing The reduction of $4 a ton on hot and cold rolled higher. sheets and hot and cold rolled strip, which was announced April 11, was withdrawn as of May 1. Export tonnage continued to be a substantial factor in current mill opera¬ on The "Iron tions. Age," in its issue of April 18, stated, in "Export shipments are hampered by a lack of suf¬ ficient boats, steel and scrap being piled up at Atlantic and part: Pacific than awaiting shipment. ports flat New business in other rolled is at least holding its own compared with Line pipe continues to help out pipe sales. Railroad equipment business is light, while automobile companies are buying fill-in requirements for 1940 models." The same publica¬ tion on April 25 announced: "The shipbuilding industry here is experiencing a war boom. Steel orders in the aggre¬ gate are running about 10% to 25% ahead of the March a and some moderate gains are reported. month ago, volume. is due That steel business is not much better than it is largely to a definite lag in building construction and requirements." In its issue of May 2 the "Age" "The sudden withdrawal of the low sheet strip prices was a complete surprise to the trade, as railroad said, in part: and no advance intimation had been given that such action As was expected, however, the bargain prices were rescinded coincident with an announce¬ ment of third-quarter prices. As buyers were given an would be taken so quickly. opportunity to between cover the date of the announce¬ ment, April 25 and May 1, at the $4 a ton concession, there has been a substantial volume of commitments, though the the break in sheet are followed and strip prices in May, 1939. All mills specifications against blanket commit¬ does not approach total insisting that ments shall the heavy volume which be in their hands in time for rolling and ship¬ fully specified, in May and June. Although galvanized sheets were not in¬ cluded in the April 11 price cut, there vvas considerable selling of this grade during the week prior to April 25 at a $4 a ton concession, but this lower price was also with¬ drawn as of May 1. Pacific Coast prices on all steel products have been advanced $1 a ton, effective May 1, to compensate for an increase in ocean freight rates of that amount. There is still a good deal of weakness in certain warehouse-handled products, such as pipe, reinforcing bars ment by June 30. sheet and and wire strip mill operations will be at a higher rate nails. Nails been have sold at $2 a ton below While the initial effect of recent price cuts was to retard the slowly rising trend of orders, the betterment of the past week raised total sales for April above the March level. Some steel companies have recently booked more than their shipments, while others have come close to their shipping volume, the variations being due largely to type of products." The "Iron Age" finished steel composite price was lowered on April 16 from 2.261c. a pound, where it had been since late November, to 2.211c., which compares with 2.286c. in effect during April, 1939. The "Iron Age" composite price of steel scrap, which de¬ clined from $16.29 a gross ton to $16.08 on April 2, and on April 9 to $16.04, rose on April 16 to $16.08, on April 23 to $16.13, and on April 30 to $16.38, which latter price com¬ pares with $14.25 in effect a year ago. No change was an¬ nounced in the "Iron Age" composite price of pig iron, which remained at $22.61 a gross ton, as against $20.61 dur¬ ing the same month last year. The operating rate of steel for the preceding seven-day period, 60.9% for the beginning April 15, 1940, 61.3% for the week begin¬ week the week beginning April I, 1940. At the close of April, 1939, operations were re¬ ported to be at the rate of 48.6% of capacity; in the last week of April, 1938, at 32.0%, and in the like weeks of 1937, 1936, 1935 and 1934, the rates were 91.3%, 70.4%, 44.6% and 54.0%, respectively. As to non-ferrous metals, "Metal and Mineral Markets" ning April 8, 1940, and 61.7% for reported during the month in substance as follows: Exten¬ sion of the European war to the Scandinavian countries stimulated activity in all of the non-ferrous metals. Sales the domestic market were in fair volume and totaled 10,590 tons for the week ended April 30, compared with 7,740 tons in the previous week, 11,218 tons for the week ended April 16, 11,404 tons for the week ended of copper in April 9, and 2,850 tons for the week ended April 2. Do¬ mestic copper sales for the month of April amounted to 41,641 tons, as against 20,305 tons in March. Intimation that Russia might be forced to resell copper because of the British blockade was an important factor in unsettling quotation for this metal, and toivard the end of the export April export copper was available at 11.25c., f.a.s., nearby delivery, with 11.05c. and 11.10c. actually done for June, traders finding it extremely difficult to do business in the narrowing export market. Though the large mine operators continued to quote 11.50c., Valley, in the domestic market, sponding week of 1939, production was 6% greater, ship¬ ments 2% greater, and new business 2% less. The industry stood at 68% of the seasonal weekly average of 1929 pro-' duction and 70% of average 1929 shipments. 17 weeks ended April 27, 9% in excess of the figures for the corresponding period of 1939. For for the Reported production 1940, were, respectively, 10%, 6% and same weeks of 1940 new business was 8% above and ship¬ the 17 The ratio of unfilled 21% on April 27, 1940, compared 18% a year ago. Unfilled orders were 25% heavier at the same time last year; gross stocks were 1% less. ments above production. 6% were orders to gross stocks was with than During the week ended April 27, 1910, a total of 492 mills produced 230,889,000 feet of softwoods and hardwoods com¬ bined; shipped 239,782,000 feet, and booked orders of 230,- Revised figures for the five preceding weeks 705,000 feet. follow: No. of Mills Apr. 20, Apr. 13, Apr. 6, Mar. 30, Mar. 23, Production (Feet) 220,657,000 621 228,480,000 220,396,000 213,826,000 213,177,000 526 220,994,000 1940 1940 1940 1940 513 512 1940 week ended May 1, April 10, and 3,822 tons for the week ended April 3. The price of lead, after declining on April 2 to 5.00c., New York, from 5.05c., rose on April 10 to 5.10c., New York. With the April 13, buying of zinc was quiet, sales reported by the Prime Western division amount¬ ing to 1,693 tons for the week ended April 27, 1,479 tons for the preceding week, 21,466 tons for the week ended April 13, and 1,468 tons for the week ended April 6. The quotation for Prime Western zinc continued unchanged during the month at 5.75c., St. Louis, and 6.14c., New York. Tin-plate operations were estimated to be at around 65% of capacity at the close of the month, or 7% higher than exception of the week ended at the New end of March. closed on The price of tin rose from 44.75c., of April 1 to 47.62^c. on April 29, and April 30 at 47.25c., which latter quotation com¬ York, as with 45.621/£c. in effect on March 29, 47.75c. at the close of February, and 45.75c. at Jan. 31. United States deliveries of tin in ApTil totaled 7,855 long tons, as against pares 9,244 tons in March last and Lumber 5.980 tons in April of 1939. Movement kets follows: as industry continues depressed, and no material shoe The turers operations of representative hardwood and softwood mills, improvement is anticipated until the fall run gets under way during the next few weeks. Production which the for first mated made have to totaled approximately quarter a 104,000,000 pairs, that period, but represented a decline of well above average for was Retail sales of footwear meanwhile are esti¬ favorable showing in comparison with last nearly 7% below a year ago. more and some reduction of stocks has taken place. trend toward a sound inventory position following the speculative This last autumn should of excesses the way for an upward adjustment of pave operating schedules during the last half of the year. The outlook for the fall run has not yet crystallized and manufacturers currently are produc¬ shoes ing summer on curtailed basis with only limited orders on the a books. sole of Sales of months six seasonally continues with slow, level. In upper leather, new busi¬ deliveries concentrated mainly in have shown small advances Tanning operations continue mod¬ fall. and low limits of last high following mid-April then raised slightly, but buying of March, when the market was about half-way between above the low point the were Prices of calf and side leather leather. white in improvement some Prices dull. trading. follow through at the advanced dicl not ness showed leather erately curtailed, and finished inventories are reported to be not burden¬ With shoe manufacturers' holdings of leather drawn down to a some. relatively figure, low trade the anticipates in improvement 6ome the future. near stock 10% in April, with light grades of prices advanced about hide Spot raw having a preferred demand. Current asking quotations of the relatively high in comparison with the hide futures, and tanners are reluctant to purchase ahead. In Buenos Aires, where the seasonal trend is toward poorer quality, the market has declined Chicago packers, however, are sufficiently to attract domestic traders operating on a hedged basis. Domestic stocks of hides and leather in all hands last month were the that period for lowest in at least The approach of seasonally 18 years. improved quality also should prove a sustaining factor in the price struc¬ ture. While the shoe industry is currently passing through a slow period, prospects are that the fall run ment should carry through to will be a satisfactory one. This improve¬ the leather industry, but hides, which in need quoted about 40% above a year ago, are not so much adjustment under present conditions. already of are Grains for Prices wheat domestic markets were in on the up¬ grade during the first half of the past month, after which an easier undertone developed, with the result that only unfavorable gains of extension up to Influenced and the news Northern of the Front, during the rapidly failure of the European predicted, to extend as war, Balkans, however, plus an improvement in the tenor to the reports regarding the domestic crop outlook subse¬ the quently prompted increased offerings under which prices also The market reacted. to reports Europe in war maintained. were crop early part of the reaching the highest levels since September, 1937. month, of the moved prices The domestic contend with. had liquidation of loan wheat Government loans on wheat expired on As only a comparatively small portion of the eligible for re-sealing, the pledged grain either had to be liquidated or turned over to the Govern¬ ment on April 30. Although the German invasion of Den¬ April 30. wheat was loan mark and Norway ers technically was these two countries are a bearish factor, as normally importers of wheat, trad¬ placed a bullish interpretation upon the development. the general belief that the Denmark and Norway It was episode strengthened the possibilities of the war extending Balkans, the granary of Europe. Furthermore, aside from the war, the situation in the Balkans, as far as the to the wheat crops were unfavorable. As concerned, a result was reported to be decidedly of adverse weather conditions, the winter wheat crop in Rumania, Bulgaria and Hungary, according to latest advices, was said to be in the poorest condition in 10 years. In fact, it was expected that these countries would probably the National Lumber Manufac¬ Association from regional associations covering the According to reports to in its "New England The First National Bank of Boston, by against 3,450 tons in the preceding week, 6,003 tons for the week ended April 17, 15,564 tons for the week ended 232,420,000 218,312,000 237,129,000 231,958,000 Letter," under date of April 30, comments upon these mar¬ about half of the early month, sales totaling 2,874, tons for the (Feet) 236,032,000 234,882,000 225,870,000 230,243,000 230,711,000 Hides, Leather and Footwear offerings by custom smelters and as Orders Received Shipments (.Feet) 517 Week Ended during the last two weeks of small producers increased April, and the price structure suffered, and copper was offered at both 11.37^c. and II.25c. Demand for lead was at a fair rate during the Compared with the corre¬ less than in the previous week. companies having approxi¬ 61.8% for the week beginning April 29, 1940, compared with 60.0% 1% greater, shipments 9% more, and new business 2% year, mately 97% of the steel capacity of the industry, according to the American Iron and Steel Institute, was scheduled at production during the week ended April 27, 1940, lumber was Thus, if commitments are published prices. i 7 MONTHLY EEYIEW May, 1940] wheat for their home the rest normal of Europe be able to produce only enough requirements, making it necessary for to import needs. turn to their extremely wet weather other countries for Moreover, MONTHLY EEYIEW 8 and floods in the of Department States United Agriculture estimated the production of winter wheat as of April 1 at 426,215,000 bushels, or an increase of 27,000,000 bushels compared with its estimate on Dec. 1. As a result of beneficial rains during the latter part of the month, however, the crop outlook improved, and private authorities increased their estimates, some placing the probable outturn as high as 441,000,000 bushels. Although Canada and Argentina were reported to be doing a fair export business, it is not ex pected that this country will share in this business, for the time being at least, as domestic prices are so much above those prevailing in other exporting countries. Corn ruled firm and oats and rye steady throughout the month. In regard to corn, the continued tightening was among the sustaining factors. In of "free" supplies Chicago the May wheat option closed on April 30 at 107%c. as against an opening of 104%c. on April 1. At Winnipeg the May wheat option closed on April 30 at 88%c. as against an opening of 89c. on April 1. May corn in Chicago closed on April 30 at 64%c. compared with an opening of 56%c. on April 1. May oats closed at 40%c. compared with an opening of 40%c. on April 1. May rye closed at 671/4c. as compared with an opening of 66%e. on April 1. Sugar Irregularity prevailed in the market for sugar "futures" during the past month. Prices were more or less easy dur¬ ing the early part of the month, owing to persistent pressure of nearby offerings of raws. The recent develop¬ ments in European warfare were subsequently responsible for a quick advance in prices. Aside from the psychological there was the practical matter of freight with. Normally, considerable sugar is influence, to be reckoned space trans Thus, with the natural increase of necessity would have to be re¬ ported in Danish and Norwegian boats. growing shortage of bottoms should come a freight rates, which in in this country. During the part of the month prices again eased on selling influ¬ by slow demand for refined and easing of the tight the price of sugar flected in latter enced shipping situation with the Cuba of Sales following, the all c. at release of Norwegian shipping. during the month consisted of & f. exclusive of duty: On April 2, sugars raw shipment April 1.88c., prompt shipment at 1.88c.; on April 10, April shipment at 1.93c.; on April 16, May ship¬ ment at 2.05c., and on April 24, prompt shipment at 1.95c. The wholesale price for refined, immediate delivery, was until April 11, on which day the changed to 4.35c. to 4.50c. Starting April 12 the range was further changed to 4.40c. to 4.50c., at which level it was quoted during the remander of the month. quoted at 4.30c. to 4.50c. range was of prices against 18%c. asked March 30; ll/16c. aj>ked May 31; 16c. asked Sunday); 15%c. asked March 31. 16y2c. asked June 30; 16 April 29 (April 30 was Textiles continued quiet during the early part textile trades The of the month subsequently, a moderate expansion took but, Retail business, early in the period under review, experienced the usual post-holiday setback, aggravated, moreover, by adverse weather conditions prevailing in many sections of the country. Later in the month, a distinct re¬ place. vival in buying made consumer itself felt, occasioned, in by increased promotional efforts of numerous stores, but, in the main, by the advent of more spring-like tempera¬ tures. Wholesale trading had a spotty aspect as retailers part, orders to fill-in purchases little forward buying de¬ veloped. The desire of most merchants to see first a re¬ duction in their accumulations of Spring merchandise before entering into new commitments, was a determining factor in restricting buying operations. Raw cotton in April, while moving in a narrow range,, followed a steady trend throughout the month. Principal influences were the improved sales of gray goods in the domestic cloths mar¬ kets, the upward trend in security and commodity prices, the continued good showing of the expert movement, and the early strength of the new-crop: months caused by~reports~ that considerable replanting would have to be done in part of the cotton belt. Temporary mild recessions were at¬ tributed to fears that the extension of hostilities to Scandi¬ well as jobbers limited their as requirements, whereas and nearby reduction of the freight space An improvement in weather conditions in the belt, and a material slowing down in the volume of gray cloths sales during the second half of the month were contributing factors in holding down price ad¬ allotted to cotton a shipments. the although vances, in result would navia desire to positions old-crop cover offsetting influence. Spot cotton here in New York was quoted at 10.74c. April 1. A steady upward move¬ ment, interrupted only by minor fluctuations, carried the price to a high of 10.99c. April 30. Buying in the gray cloths markets assumed large proportions during the first proved an part of the month, the pace of trading but subsequently, awaited a betterment in the finished goods before adding to their supplies. slackened perceptibly as users movement of Prices, reflecting the much improved held firm, however, position of the mills. Print cloths at Fall River 28-inch 64x60's, was marked up April 10 from 3%c. to statistical for 4c., but on April 19 the advance was lost, and at the end of quotation remained at 3%c. The price of 27-inch cloths 60x64's remained unchanged at 3%c., while the the month in the market for coffee "futures" Osnaburgs were quoted at 8c. April 30 compared to 7%c. March 30. Coffee The trend for spot delivery were quoted at delayed the seed- i Ribbed smoked sheets thus making it difficult, if not im- 1914 c. asked April 30 Balkan sections have of spring wheat, ing The report of the Census Bureau, issued April of March, showed that cotton 13, and covering the month month. The price structure suffer from the spread of the European war. consumption in the United States, while not fully measur¬ Although the tightening freight situation was interpreted as bullish, this was offset to a large extend by the pros¬ active rate. The amount consumed in March was given as 626,331 bales of lint and 87,875 bales of linters, as against 662;659 bales of lint and 85,992 bales of linters in February, 1940, and 649,940 bales of lint and 74,440 bales of linters in March, 1939. downward during the past was continued to outlets. It was pointed out that Scandinavian and Baltic countries being off from their coffee supplies, a market for 2,000,000 pective loss of consuming 'in the event of the cut thereby be curtailed. There were con¬ the effect that the Brazilian Government will attempt to support the market statistically However, nothing definite was known to this effect. No. 7 Santos was quoted on April 30 at O^c. against 6%c. March 30; 634c.@6%c. Feb. 29, the same as on Jan. 31, against 6%c.@6%c. Dec. 29; 6%e.@6%c. Nov. 30; 6%c.@6%c. Oct. 31; 6%c.@7c. Sept. 30; Q%cM^V2<i. Aug. 31; 6%c. July 31, the same as on June 30, against 6%c. May 31; 6%c. April 29 (April 30 was Sunday). No. 7 Rio was quoted on April 30 at ^Ac. against 5%c. March 30; 5%c. Feb. 29; 5%c. Jan. 31; 5%c. Dec. 29; 5%c. Nov. 30, the same as on Oct. 31 and Sept. 30, against 5%c. Aug. 31, the same as on July 31 and June 30; S^c. May-31, the same as on April 29. bags annually will ing up to the previous month and the corresponding period, tinued rumors from Brazil to Rubber - rubber during Crude the period under Chief steadying factors enactment of export taxes in the producing cen¬ review followed an were the first half of the upward trend. of the European conflict to the Scandi¬ countries with resultant anxieties over increased The shipping costs, fears that Holland may become involved in and predictions that the next meeting of the Inter¬ the war, Rubber Regulation Committee scheduled for May the third quarter. The March consumption statistics amounting to 50,192 tons compared to 49,832 tons in February and 50,165 national 21, may tons in order a reduction in the export quota for March, 1939, came fully up to expectations. in the month a moderate reaction got under way as Late offer, East showed an increase, and tire fac¬ tories displayed somewhat less willingness to add further to their supplies. Hedge selling and profit taking as well as less favorable reports from the security and other comodity markets, also served to cause a mild recession in ings from the Far prices. woolen proceeding market goods 1939 quite an at experienced moderate a im¬ provement in trading as clothing manufacturers, frightened prices, due to the by the prospect of higher raw material intensification part of the of warfare forward their abroad, proceeded to cover requirements. The better flow of a better tone in distributive channels also imparted goods to "the other Business in market. remained hand, tween-season women's inactive, wear chiefly as fabrics, on the result of be- a influences, and the adverse effect of unfavor¬ able weather on volume the the first part of the of retail sales, notably during month. Japanese double extra 13-15 deniers were quoted April 30 $2.58@$2.64 against $2.87@$2.90 March 30: $3.00@$3.05 Feb. 29; $3.10@$3.15 Jan. 31; $4.50@$4.55 Dec. 30; $3.43(a) "".48 Nov. 30; $3.55@$3.60 Oct. 31; $3.10@$3.15 Sept. 30; at $2.65@$2.70 Aug. 31; $2.70@$2.75 July 31; $2.51@$2.56 $2.58(5)$2.63 May 31; $2.46@$2.51 April 29 (April June 30; 30 ters, the widening navian nevertheless, was, was a In the extra Sunday). 20-22 the of case deniers Japanese crack double quoted at $2.53@$2.59 April 30, against $2.82(5) $2.85 March 30; $2.91@$2.96 Feb. 29; $3.03@$3.08 Jan. 31; $4.43@$4.48 Dec. 30; $3.41@$3.46 Nov. 30; $3.47@$3.52 Oct was 31; $2.94@$2.99 Sept. 30; $2.50@$2.55 Aug. 31; $2.58@$2.63 July 31; $2.49@$2.54 June 30; $2.56@$2.61 May 31; $2.39@ $2.44 April 29. Petroleum and Its Products The decision original Cole oil to a of the measure program Administration to switch from the for the control of production of crude whereby the Federal Government would only exercise control over the petroleum industry in States where there were developments April. in no regulatory bodies was the domestic petroleum the highlight of industry during May5 1940] MONTHLY REVIEW The change in program was in disclosed early in the month William at measure the of request Cole last the of President. Congress at the the of between letters The direct President made public by the latter. Under the revised plans the Administration is now back¬ ing legislation which would set up broad powers for the Federal Government in preventing alleged waste in the oil and industry, particularly in such States as California Illinois, which have no State conservation laws. This, gas and of course, would mean the conservation gas laws covering promulgation of Federal oil and Where States did not have standards. these control Federal points, would in be effect. front presented by the Governors of the nine major oil-producing States in denouncing the Cole measure attempt by the Federal Government to dominate the an oil-producing industry and tbe States to control an as invasion of the rights of production within their own borders played an important part in the revision of the Administra¬ tion's plans. With 11)40 so important in the national politi¬ cal picture, the Administration is bill been has head. bidding the at the of wave opposition the hearings over the past possibility of all from either to made to pay off the consequent expropriation but confiscation of another color." (An answer "As bill the with meeting plans the face or defeat after complete The note understand I prescribing, 7372 R. H. over in standards sources, should conform (The Cole order of to conserve production to measure.— Govern¬ the Federal petroleum our which oil producers a as public by Representative Cole said. in the case, seems these fields all regardless of the adequacy of the standards," he continued.. "This being enforcement I should think it would be possible to agree that standards shipment in of production qualify to necessary for oil interstate commerce should be prescribed by Government only if an authorized Federal Federal finds that the States have failed to enact laws agency re¬ quiring conformity with Federally-prescribed standards or have failed persistently to enforce compliance with such when standards "In . longer no and "that is a horse . not answered at month-end. was May 1, on its and be will contents made Washington and Mexico City on in increase for with compared demand which of 51,000 barrels crude the in April forecast of in domestic shown was in United the daily during May as market monthly the States market average market Bureau May 111,630,000 barrels, Mines of daily 3,601,000 barrels. Compared with the corre¬ sponding 1939 month, however, the market demand forecast put demand at a or of average little change. Higher market demand was indicated for six of the seven far so as Mines required by State laws. States fail the which decline a mately 5,000,000 The seen. was reports that crude oil exports to barrels, which is 3,643,000 or enforce and oil of approxi¬ barrels below the abnormally high figure report in May of last year. The estimated daily average crude" oil demand for the leading oil-producing States follows: State— Texas _____ Oklahoma Illinois The May 1,344,000 592,600 408,100 392,900 Federal domestic barrels added April 1,332,000 590,000 413,000 oil report had points out that stocks of approximately 5,500,000 increased during the March 9-April 6 period. This increase, the high runs to stills, was taken as an indica¬ this may offset crude required. This would be lor above actual If the decline in crude oil exports continues, it was needs. held, April 257,000 151,000 100,000 May 264,500 158,100 103,500 Kansas New Mexico 380,000 agency's crude State— Louisiana to only oil crude the minor gain in a increase expected probably would the in total refinery there that mean market demand this summer, in contrast to the usual sharp Because of this, June and July market demands probably will be held down. upturn. Only of of the oil control agencies of the member States one the Oil Interstate recommendations of Compact Commission followed the Commission, made at the April 5 the proration meeting, that the member States issue proration orders enact Bureau total would tion that current production of crude oil is far principal objection to the proposed legislation that if provides for Federal enforcement of standards State An demand re¬ condition to the shipment of their oil commerce," President Roosevelt's letters made in interstate be claims, then it is . May 4.—Ed. note.) California note), there is little objection to "The The con¬ State is that of delivered to Washington through Ambas¬ was Daniels sador few months, forced its alter so bitter struggle. the States Department while Mexico is justified in expropriating foreign proi>erty, when that property is not paid for or any concerted effort showed introduced by the of the Administra- and Roosevelt However, Administration the United the producer for President Congressman manifest in to of tention generally known to the public that the Cole parties Involved, in the general picture, which has been ment they have been making since the dispute started. leading oil-producing States, Oklahoma being the only major Southern Ud. istration and press or a complete reversal of all the claims prepared by the Department of the Interior at the request the sity of was tion's too willing to pre¬ none "fights" which might react unfavorably. cipitate and It , public- simultaneously The united as Any proposal to arbitrate the questions would of neces¬ occasion either opposition from the Mexican Admin¬ who introduced the Maryland, session Roosevelt and the Congressman were a City. Its original reception was unfavorable, public opinion being that the note proposed terms that were too severe. correspondence between President Roosevelt and Repre¬ sentative 9 establishing production demand set as the basis of the probable on by the United States Bureau conservation laws requiring conformity with the stand¬ ards prescribed by Federal law, I should think that oil May, June and July. producers of Mines for figure also for Juiie and July. gas should shipments in be given interstate the right by commerce qualify to their to agency, dent's letter would in with contended. effect Act of Feb. be an such standards," "Legislation extension of 22, 1935, generally known along the the these Presi¬ lines principles of the the Connally as Fed¬ (Hot law." Oil) conformance with Late the in 14 dered the Bureau's month shutdown 12 May, against Texas the days for shutdown figure and set Railroad the with too much Phillips move was days necessary because of change of direction approval from the industry. did not meet Governor Leon area of 3S5,000 barrels. During Ax>ril the 12-day shutdown total cut the daily pro¬ duction to 414,197 barrels. in Oklahoma down for there would of City said that the proposal to modify the Cole "no better liked than the bill itself." son of the Texas the Cole bill establish to vised and at Railroad Commission also the meeting,, holding that dictatorial control of it E. 0. Thomp¬ The Cole bill also came to of State .the invasion of private enterprise by govern¬ Prentiss spoke before a dinner of the Texas Mr. ment. A. Association, oil Committee M. now men touring 40 and members of of the Nation's major cities to improve public relations. venture, discovery, ican economic invention and expansion in the Amer¬ system." The Cole bill, he contended, "trans¬ fers regulation of the oil producing industry from the State Government to the Federal Government, and extends regu¬ lation to a point that constitutes centralized governmental control." to he proposed that the controversy over the 1938 ex¬ of some $500,000,000 of American and British propriation oil properties be to Ambassador initial week of submitted to arbitration. Castillo April Najera in The note handed Washington during the was transmitted by him to Mexico Commission The horizontal a also reduction of State-wide shut¬ announced 10% in that current become the the Bureau of 3% Mines. Marginal wells, out, will not be affected by The the Central Committee it was pointed the horizontal cut. of California May allowable for the State at the Oil Producers same level as set during In order to keep the California quota at the April was disclosed, the committee found it necessary cut the top quota for any one well—this time from 178 April. it figure, barrels issued that the daily by to 174 the group had barrels barrels daily. The proration orders Commission showed the Louisiana Conservation Bureau again ignored the recommendations of of Mines. daily, April 9,000 barrels allowable better was than set at 293,080 April, and nearly 30,000 barrels above the Federal recommendations. of Small change was shown in the daily average production crude oil during April. American Petroleum Institute figures disclosed that output during the week ended April 24 3.845,250 barrels, off about 26,000 barrels from the was March 23 Secretary Hull brought the Mexican question more or less a head with his April 5 note to President Cardenas, in which by to Speaking at Houston, Mr. Prentiss described the oil in¬ dustry as "perhaps our most characteristic American indus¬ try." He pointed out that "the great service the petroleum industry has rendered to society has been due mainly to the comparatively free play allowed normal incentives to ad¬ a 14-day shutdown for the East Texas effective May 1. This, with the underproduction, would indicate a Texas total of 1,346,286 barrels, or approximately the same level as suggested for the Lone Star State during May an Manufacturers N. be elimination in for bitter criticism from W. II. the May 1. production, Prentiss Jr., President of the National Association of Manu¬ as to effort an industry well super¬ any addition In spoke against was regulated by the States. facturers, or¬ during during April, explaining a sharp pressure drop in the 30-day period ended April 8. With the field's basis allowance of 690,000 barrels continued, this means a that this field, the Railroad Commission ordered was Commission Texas field East Oklahoma, Chairman of the Interstate Oil Compact Commission, at the April 5 meeting of the group bill the May daily average for the East Texas Administration's The C. conform in entering into volun¬ tary agreements, with the approval of the authorized eral oil As usual, Oklahoma set its allowable oil, total of 3,871,450 barrels daily. the other hand, showed Stocks of crude substantial appreciation. April 20 holdings were 254,881,000 barrels, better than 6,000,000 barrels over the March 16 figure of 246,762,000 barrels reported in Bureau of Mines statistics. on There were Month-end in tank car no crude oil price changes in during brought a April. %c. a gallon prices of gasoline in the New general reduction of and tank-wagon MONTHLY EEYIEW 10 reflecting the pressure markets resulting from the top-heavy supply Socony-Vacuum initiated the cut, which became York-New England marketing area, the gasoline on situation. May 1, and other marketers followed. Western excepted from the price reduction. Texas the price structure presented a more cheering effective New York was In Price wars which had been raging early in the were eliminated by the 30th of April, and seasonal picture. month Lone Star State made their upturns in some sections of the The mid-continent market held steady during the month, despite the failure of stocks to respond to the hoped-for quickening in demand. Floods from the heavy rain during a greater part of the month also held down appearance. domestic demand. figure for the like 1939 month, the than gasoline during May will be 6% for demand Domestic better rising to 52,400,000 barrels, according to the United States Bureau of Mines forecast. Export demand was set at 2,800,000 demand, 1,600,000 barrels under nearly be would which barrels, actual movements abroad last May. The lag in the export indicated, was due to the difficulties in it was obtaining tankers, risk of overseas shipments because of conditions, which this month spread to the Scandina¬ war and the curtailment of demand abroad due to rationing and diversion of purchases to other world sources vian of area, supply. statistical The position of gasoline grew steadily worse during April, failure of consumers to cut down top-heavy inventories general injecting depressed A contra-seasonal picture. set" stocks month further a advance 1,154,000 barrels, up note into the during the holdings totaling 102,452,000 barrels on April 24, against 101,298,000 barrels on March 23. The continued excessive refinery operations that demand for light fuel oil, chiefly heating oil for the Nation's oil-heated homes, rose to the record-smashing total of 1,710,114,000 gallons during the first two months of 1940, up 28% from the comparable 1939 period, reported in mid-month by the United Bureau of States Mines. The sharp rise reflected in American homes to 1,900,000 on Jan. 1 last, accelerated by the extremely cold weather during these two months. The average retail price of gasoline, based upon reports to the American Petroleum Institute, from 50 representa¬ tive cities, averaged 13.17c. a gallon on April 1, compared of growth with 13.34c. on oil-burning units March 1 and 13.07c. expansion of the public debt to the statutory limit. By excluding purchases of these bonds by corporations, in¬ stitutions and trust funds, it was expected that the sales would decline from 20% to 30%. As it turned out, how¬ the ever, 511,706 sales savings bonds in April of a year earlier. Includ¬ increased $15,- the March figure to a total of $121,508,951 over as against $57,907,517 sold in April, 1939. Indications were that individuals stepped up their buying of savings bonds in anticipation of a further restriction on purchases. The only announcement to come in April as to new financing directly or through the agencies was that on the 29th, which said that bids would be opened on May 7 and 14 for $126,000,000 of temporary loan notes of 31 local housing authorities under the United States Housing Au¬ thority The notes are to have a maturity of six Including this fourth offering of the housing au¬ thority notes, the total sales to private bidders will be approximately $235,000,000, or more than 30% of the cur¬ rent $770,000,000 USHA program. John H. Fahey, Chairman of Home Owners' Loan Corpo¬ ration, announced on April 27 that, after the redemption of $127,867,400 of the Corporation's %% bonds, series K, program. months. May 15, the net liabilities of the Corporation for its outstanding unmatured bonds would stand at approximately $2,613,000,000, or a reduction of about $432,000,000 from such liability on June 30, 1936, when the' Corporation's mortgage lending activity ceased. on The Federal Intermediate Credit banks sold publicly $21,500,000 of %% debentures on April 16 at a slight premium over par value, and at the same time $2,000,000 of these debentures placed within the System.. Dated May 1, to mature on Nov. 1, 1940. Out of the proceeds of the sale, $16,000,000 was to be used on May 1 was the debentures are to meet maturities and during April played a major role. Interesting were the figures showing the rate of Each week during $7,500,000 was used for new money. April the Treasury sold the usual $100,000,000 of discount bills. taken were the issue at The first three weeks' issues prices of par and slightly below dated. the first time since the issue dated Feb. 28. rate the April on issue of par, April 24 was sold at prices below 24 bills was 0.004%. while for par The average The taking of the discount bills again at prices below par indicated the passing of the abnormal demand for these obligations resulting first from the personal property tax date in Illinois April 1 and second from the May 1 tax date in on Minnesota. . The market for outstanding Treasury obligations was but little injured by the German seizure of all of Denmark and Norway. Compared with the break in Treasury prices last September, when the decline amounted to ing taxes, the price to consumers was 18.59c. a gallon on part of April 1, compared with 18.76c. on March 1 and 18.51c. on April 1, 1939 bond Representative price changes, showing the trend of major markets for refined products gasoline APRIL FINANCING By drawing Treasury the did April. down THE its East UNITED cash raising of new balance further, still the Treasury of raise any than these issues rising Treasury from notes the long-term % point net, the issues average the by public offering of United States savings new money directly in keeping new borrowings at a by reducing the working balance, the Treasury extent The object of $229,903,000 in the four weeks of three- to 0.40% at the end of March to 0.45% Bills Bills Offered Dated at behind long as balance reducing the working possible the day when is to the cies, the public debt would stay within the legal limit in the next fiscal year by a margin of $62,000,000. a his plan by which $700,000,000 would be repossessed from Government credit agencies. Roosevelt said that the following sums might be re-( captured : Treasury investment in savings and loan asso¬ ciations, $35,000,000; Federal Intermediate Credit banks, Mr. Banks for Cooperatives, $60,000,000; Produc¬ Corporations, $15,000,000; Federal Land banks, $200,000,000 ; Public Works Administration, $50,000,000, and Reconstruction Finance Corporation, $300,000,000. The list was tentative, he said, and might be subject to later changes. "I wish to assure you," said Mr. Roosevelt, "that $40,000,000; tion Credit whatever with adjustments are made will leave these agencies adequate operating capital." rather surprising developments in Treasury April was an increase in the rate of sales of United States savings bonds. The Treasury's regulation became effective as of April 1 restricting the sales of sav¬ One of finance ings the in individual investors. This regulation was by the Treasury as a means of slowing up the bonds to adopted are Apr. 3 1940 Apr. 5 1940 Apr. Apr. 12 1940 Apr. 10 1940 17 1940 Apr. 19 1940 Apr. 24 1940 Apr. 26 1940 May July 3 1940 July 10 1940 July 17 1940 July 24 1940 July 31 1940 1 1940 Subscrip¬ Offering tions 91 days $100,000,000 $235,592,000 91 days 100,000,000 91 days 91 days 100,000,000 100,000,000 263,933,000 195,965,000 182,526,000 91 days 100,000,000 182,446,000 To Redeem Bills Subscrip- Amount Average Offered tions Accepted Price $235,692,000 263,933,000 195,965,000 182,526,000 $100,525,000 Mar. 29 1940 Apr. 1940 Apr. 6 12 Apr. 19 Apr. 26 1940 a 1940 1940 > 182,446,000 100,685,000 100,246.000 100,043,000 100,051,000 Maturing Yield 99.999a 99.9996 99.999c 99.999 99.998 0.001 %a 0.001%6 0.001% c 0.004% 0.007% Issue of— $101,930,000 101,257,000 100,240,000 100,253,000 100,044,000 The accepted bids ranged from par to 99.999, making the average price almost Incalculably under par. Of the bids at 99.999, the Treasury accepted 20%. 6 The accepted bids were tendered at par and 99.999%, the average price being fractionally under par. Of the amount tendered at 99.999, 11% was accepted. c The accepted bids were tendered at prices of par and 99.999, the average price being fractionally under par. Of the amount tendered at 99.999, 74% was accepted. In response Senate resolution sponsored by Senator Harry F. Byrd, President Roosevelt submitted on April 22 the details of to the end of Amount of Mature Mar. 29 1940 from $45,000,000,000 statutory debt limit is exceeded. In submitting his budget message to Congress in January, President Roose¬ velt said that if his budget recommendations were fol¬ lowed, $460,000,000 of new taxes were levied and $700,000,000 in capital assets recaptured from Government agen¬ as on The average yield on five-year maturity increased given in the following tables: March 27 to April 24. postpone the 0.04% to 2.25%. dipped into its deposit balance in the Federal Reserve banks to for yield The details of Treasury bills sold on a discount basis the In consonance with the policy enunciated by Presi¬ dent Roosevelt in January of minimum less was April. TREASURY STATES The decline in points. month money Only through "sales securities. bonds OF in drop was a minor one, with the decline in the longer issues amounting to about able in April, for the fifth consecutive month, was avoid to ended war maximum V/2 during April, follow: Texas, with independents advancing third-grade gasoline to 12c. a gallon, up 3c. from the war low. Corresponding advances in regular and premium grades of gasoline were made, and the entire situation appeared to be on its way to a settlement. 10—The April about 8 points, the April NEW SECURITY ISSUES Total volume of IN APRIL corporate financing in the domestic market in April rose perceptibly above the total for March last, and for April, 1939. Stock offerings placed by utility companies were sufficiently large to warrant some notice in a month marked by substantial progress. The largest separate undertaking in April, credited to the railroad group, was the $81,602,000 bond issue of the Union Pacific Railroad, new placed on the final day of the month, which made possible its good showing. The above emission represented the first public financing by this company with the exception of trust obligations since September, 1936. Below we give the larger offerings placed in April: RAILROAD FINANCING $81,602,000 Union Pacific RR.—Kuhn, Loeb & Co. offered April 30 a new issue of $81,602,000 ref. mtge. 3*4% bonds, series A, to dated June 1, 1940, and to be due June 1, 1960. The bonds were priced at 102% and accrued interest to date of delivery. This is the first public financing for the Union Pacific other than equipment trust obligations since Sept., 1936, when Kuhn, Loeb & Co. sold $20,000,000 of debenture 3 J4s due 1970. In April of the same year Kuhn, Loeb & Co. sold $26,835,000 of debenture 3J4s due 1971; The present? offering has been oversubscribed. Purpose—The proceeds of the sale of these bonds will be other moneys, to redeem $85,902,000, first lien be used, with and refunding mortgage 4% bonds advises that such bonds will be accrued interest to Sept. 1, and 5% bonds. Company redeemed at 107 plus 1940, upon surrender thereof, Eromptly after the refunding mortgage bonds, series A, shall been delivered. ave 4,734,000 Illinois Central RR.—A banking group headed by Salomon Bros & Hutzler, Dick & Merle-Smith and Stroud & Co., on April 15, offered $4,734,000 2equipment trust certificates series T, at prices to yield from 0.35% to 2.60%, according to maturity. Due $263,000 on March 1, and Sept. 1 from Sept. 1, 1940 to March 1, 1949, inclusive. 2.680,000 Chicago Rock Island & Pacific Ry.—A group composed o Salomon Bros. & Hutzler, Dick & Merle-Smith and Stroud & Co., Inc., April 3 offered $2,680,000 equipment trust series S 2%% (non-callable) equipment trust certificates due $134,000 on Aug. 1 and Feb. 1 from Aug. 1, 1940, to Feb. 1, 1950, inclusive, at prices to yield from 0.25% to 2.40%, according to maturity. 700,000 North Western Refrigerator Line Co.—Freeman & Co. have placed privately an issue of $700,000 2Yx% equipment trust certificates, series L, due serially to 1950. 650,000 Joplin Union Depot Co.—Salomon Bros. & Hutzler, Dick & Merle-Smith and Stroud & Co. on April 2 reoffered to yield 0.40% to 2.85%, according to maturity, $650,000 3% bonds due 1941-1955, of the company. The bankers had purchased the issue April 1 on a bid of 192.689. The issue is subject to the approval of the Interstate Com¬ merce Commission. Proceeds will be used to retire a like amount of bonds matur¬ ing May 1, 1940. PUBLIC UTILITY FINANCING $16,000,000 Kansas Gas & Electric Co.—The Securities and Exchange Commission on April 26 issued an order permitting to become effective a declaration filed pursuant to Section 7 of the Public Utility Holding Company Act of 1935 regarding the issue and sale to 10 insurance companies of $16,000,000 1st mtge. bonds, 3%% series due 1970. The insurance companies and the amounts to be taken by each are as follows: Metropolitan Life Insurance Co., $4,000,000; The Equitable Life Assurance Society of the United States, $4,000,000; John Hancock Mutual Life Insurance Co., $2000,000; The Mutual Life Insurance Co. of N. Y., $1,500,000; Massachusetts Mutual Life Insurance Co., $1,000,000; New. York Life Insurance Co., $1,000,000"; The Penn Mutual Life Insurance Co., $1,000,000; Aetna Life Insurance Co.,$500,000; New England Mutual Life Insurance Co., $500,000; Provident Mutual Life Insurance Co. of Philadelphia, $500,000. 14,334,407 Kansas Power & Light Co.—A group headed by The First Boston Corp. and Dillon, Read & Co. and including 38 other underwriters on April 15 offered the new 4H% series pref. stock of the company ($100 par) at $103 per share plus accrued dividends. Of the entire 139,169 shares of the present offering, 96,380 shares were offered subject to the prior right of holders (other than a parent of the company) of the outstanding 6 % and 7% cum. pref. stocks of the company to exchange their shares for the new 4H% pref. stock on a share-for-share basis plus a cash adjustment based on the difference between the redemption price of the old stock and the offering price of the 4H% stock. The offer to stockholders expired April 17, and holders of 55,866 shares of 6% and 7% pref. stocks accepted the offer of exchange. 10,260,000 Toledo Edison Co.—A group headed by the First Boston Corp. made public offering April 19 of $3,000,000 1st mtge. 3^% bonds, due April 1, 1970, and $7,250,000 3H% sinking fund debentures, due April 1, 1960. The first mortgage bonds were priced at 104 H and int. and the debentures were offered at 102 and interest. Both issues were oversubscribed. The offering was made immediately following approval of the financing by the SEC. The net proceeds from the sale of the bonds and debentures, to the extent $6,132,763, will be applied to the redemption at 102%, of $6,013,000 of the company's 4% sinking fund deben¬ tures due 1948. The balance of the proceeds will be used principally for additions and improvements made or to be made to the company's properties and the remainder, if any, will be added to working capital. 8,135,500 Wisconsin Electric Power Co.—A group of Wisconsin under¬ writers, headed by The Wisconsin Co. made an offering of 81,355 shares of 4 %% preferred stock at par ($100) on April 29. The shares are part of a new issue of 262,098 shares of preferred stock, 4%% series, the issuance of which is subject to the effectiveness of the company's exchange plan. Under this program, company is offering holders of its 6% preferred one share of the new 4 % % preferred and one share of common, plus a dividend adjustment on the preferred of 31 cents a share. The maximum amount of the new 4%% preferred to be offered by the underwriters is 81.355 shares since acceptance of the exchange offer by 60% of holders of the 6% preferred is necessary to make the plan effective. Included in the underwriting group are Edgar, Ricker & Co.; Morris F. Fox & Co.; Loewi & Co.; Partridge-Player Co., Inc.; Braun, Monroe & Co.: Harley, Haydon & Co., Inc.; The Mil¬ waukee Co.; Dalton, Riley & Co., Inc.; Bingham, Sheldon & Co.; A. C. Best & Co.; The Marshall Co., and Northern Wis¬ consin Securities Co. * 3,500,000 West Penn Power Co.—A banking syndicate headed by W. C. Langley & Co.; The First Boston Corp.; Bonbright & Co., Inc.; Blyth & Co., Inc.; Mellon Securities Corp.; Moore, Leonard & Lynch, and Singer, Deane & Scribner, on April 10 offered to the public $3,500,000 1st mtge. bonds, series K 3%, due March 1, 1970, at a price of 10414 and accrued interest. 4,320,000 In addition, 160,000 shares of common stock of the company were also offered at $27 a share. Purpose—The net proceeds (after deducting estimated ex¬ penses and excluding accrued interest) from the sale of the securities are estimated at $7,516,500 and will be applied to the completion or construction of improvements, additions and betterments to its plant and property. 1,652,520 Indianapolis Power & Light Co.—An underwriting group headed by Lehman Brothers, Goldman, Sachs & Co. and The First Boston Corp. offered. on April 3, 714,835 shares of common stock (no par) at $24 per share. Of the stock offered, 68,855 shares represented new financing by the company and 645,980 shares, the total then outstanding, were held by Charles True Adams as trustee of the estate of Utilities Power & Light Corp. Other members of the offering group included: Glore, Forgan & Co.; Blyth & Co., Inc.; Harriman Ripley & Co., Inc.; Stone & Webster and Blodget, Inc.; Hemphill, Noyes & & Co.; Kidder, Peabody & Co.; Lazard Freres & Co.; Shields & Co.; White, Weld & Co.; A. C. Allyn & Co., Inc.; A. G. Becker & Co., Inc.; Central Republic Co.; Clark, Dodge & Co.; Hornblower & Weeks; Lee Higginson Corp.; F. S. Moseley & Co. and E. H. Rollins & Sons., Inc. The company also sold 2,500 shares ($100 par) 6% cumula¬ tive preferred stock at private sale. 1,560,000 New Jersey Water Co.—Company on April 18, 1940, sold privately an issue of $1,500,000 1st mtge. series A, 4% bonds due Feb. 1, 1965. Proceeds to be used to pay off the out¬ standing 1st mtge. 5s, called for payment June 18, at 101 and interest 250,000 Bernards Water Co.—The company on April 18 sold pri¬ vately $250,000 1st mtge. series A 3%% bonds due Feb. 1, 1965. Proceeds will be used to pay off the presently outstanding 6 % ($36,000) called for payment May 20 at 105 and for working capital, &c. 200,000 West Virginia Water Service Co.—Company sold recently bonds to institutional investors an additional issue of $200,000 1st mtge. 4s, due April 1, 1961, at 105H and interest. Proceeds were 11 MONTHLY REVIEW MAT/1940] used for additions and betterments. INDUSTRIAL AND MISCELLANEOUS FINANCING 536,000,000 Inland Steel Co.—Further financing of the company, for re¬ funding purposes, was announced April 10"with the public offering of $36,000,000 1st mtge. 3% series F bonds, due April 1, 1961, by a banking syndicate headed by Kuhn, Loeb & Co. The bonds were offered by means of a prospectus at $102 and accrued interest to date of delivery. The issue has been oversubscribed. Purpose—Net proceeds (approximately $35,849,720), will be used, together with the necessary amount of treasury funds of the company, to redeem, at 105, the $35,000,000 outstand¬ ing 1st mtge. 3h% bonds, series D, therefor the sum of $36,750,000. due Feb. 1, 1961, requiring 15,950,304 Safeway Stores, Inc.—Offering of 147,688 shares of 5% cum. pref. stock ($100 par) at $108 per share plus accrued dividends from April 1, 1940, was made April 9 by a group headed by Merrill Lynch, E. A. Pierce & Cassatt, and including Blyth & Co., Inc.; Harriman Ripley & Co., and The First Boston Corp. Total dollar amount of the offering approximated $15,950,304. Sale of the 5% pref. was subject to prior subscription by holders of the 7% and 6% pref. stocks at the same price as the new shares were offered to the public, on the basis of one pref. for each share of 7% or 6% pref. held by These holders had until 3 p. m. April 13 to subscribe 5% pref. stock through the purchase agent, Chase National Bank, New York, or the sub-purchase agent, Walker Bank & Trust Co., Salt Lake City. share of 5% them. to the 10,000,000 Superior Oil Co. (Calif.)—Financing for the company was carried out April 17 with the offering of $10,000,000 3%% debentures, due April 1, 1950, through an underwriting group headed by Dillon, Read & Co. The debentures were priced at 100 and accrued interest. This issue, which has been over¬ subscribed, represents the first public borrowing by this company. 8,400,000 Chicago Daily News, Inc.—Public offering was made April 17 of $3,600,000 10-year 3H% sinking fund debentures, together with the unexchanged balance of 48,000 shares of new 5% ($100 par) cum. pref. stock which the company first offered of the then outstanding 7% pref. The offering was to holders made by an underwriting group under the joint management of Glore, Forgan & Co. and Central Republic Co., which also included A. G. Becker & Co.; A. C. Allyn & Co., Inc.; Bacon, Whipple & Co.; E. H. Rollins & Sons; Farwell Chapman & Co., and Sills, Troxell &.Minton. The debentures, which mature April 1, 1950, were offered at 102 and accured in¬ terest and the preferred shares at par. Biscuit Co. of America—Goldman, Sachs & Co. an underwriting group that offered April 9 $7,000,000 debentures due April 1, 1955, at 102% and accrued interest from April 1, 1940. Other members of the offering 7,000,000 United headed 314% froups were: Lehman Bros., 'eabody & Co. 4,000,000 Fruehauf Trailer Blyth & Co., Inc., and Kidder, Co.—Lehman Brothers and Watling, which on April 3 5% conv. pref. stock at $100 per share. Other members of the offering group include Goldman, Sachs & Co., F. S. Moseley & Co. and Stern, Wampler & Co., Inc. & Lerchen Co. headed a banking group offered 40,000 shares ($100 par) cum. 3,940,000 Associated Investment Co.—A new issue of 40,000 shares of 5% cum. ($100 par) pref. stock was offered to the public April 24 by an underwriting group headed by Glore, Forgan & Co. and F. S. Moseley & Co. The stock, offered at $98.50 share, has been oversubscribed. Purpose—Net proceeds estimated at $3,782,250 (after deof expenses of $17,750 but exclusive of accrued dividends). Company intends to add the net proceeds to working capital. It is the intention of the company initially to apply these funds to the reduction of notes payable and at a later date to use the additional capital for the expansion of its business, which may involve additional current borrowing per deduction 3,875,000 Walt Disney Productions—Initial financing undertaken by company with the offering April 2 of 150,000 shares of 6% cum. conv. pref. stock ($25 par) at a price of $25 per share. At the same time the company offered 5,000 shares to em¬ the price of $25 per share. The aggregate offering price of the 155,000 shares amounted to $3,875,000. The financing provided for new permanent ployees and officers of the company at a capital for expansion and production purposes. Kidder, Peabody & Co., Harriman Ripley & Co., Inc., Pacific Capital Corp. and Mitchem, Tully & Co. headed the underwriting group, which also included William R. Staats Co., W. E. Hutton & Co., Lee Higginson Corp., Graham, Parsons & Co., Stone & Webster and Blodget, Inc., G. M.-P. Murphy & Co., Merrill, Lynch & Co., Inc.. Alex. Brown & Sons, Pacific Co. of California, Baker, Watts & Co., Schwabacher & Co., Page, Hubbard & Asche, Moore, Leonard & Lynch and Banks, Huntley & Co. 3,600,000 Standard Oil of Kansas—Company has just completed $3,600,000 of financing, consisting of a $1,800,000 secured 2% note and $1,800,000 of secured 3 M % debentures placed with a group of banks and other institutions through Eastman, Dillon & Co., New York. The note matures in annual instal¬ ments of one to six years, and the debentures mature in 10 years. A sinking fund will reduce the debentures to $600,000 prior to maturity. The proceeds of the sale will be used to retire existing debt and for general corporate purposes. 3,000,000 McCrory Stores Corp.—Public offering of $3,000,000 15-year 3H% sinking fund debentures was made April 30 by an under¬ writing group headed by Merrill Lynch, E. A. Pierce & Cassatt; Kidder, Peabody & Co., and Goldman, Sachs & Co. and in¬ cluding Hemphill, Noyes & Co.; Hornblower & Weeks; Baker, Watts & Co., and Fuller, Rodney & Co. The debentures were priced at 102 M % and accrued interest and mature April 1, 1955. 1,000,000 Ohio Finance Co.—A new issue of 10,000 shares of 5% prior preference stock was offered April 10 at $100 per share and div. by a group of underwriters headed by McDonald-Coolidge & Co., and including Whitaker & Co * Stevenson, Vercoe & Lorenze, and The First Cleveland Corp. Proceeds from the financing are to be used in making loans and purchasing receivables in the regular course of business. 1,000,000 (The) Sisters of Charity, of the Blessed Virgin Mary, Joseph, Dubuque County, Iowa—Dempsey-Tegeler & of St. Co., St. Louis, offered at 100 and interest, $1,000,000 1st & ref. mtge. serial real estate bonds. Bonds bear interest rates of 1H, 2, 2H, 214, 2% and 3% depending on the date of maturity. Due serially beginning Dec. 1, 1940, and semi¬ annually thereafter to June 1, 1952. 844,421 Joy Mfg. Co.—Offering of 51,177 shares (par $1) at $16 )4 a share was oversubscribed to Barney Johnson & Co., Chicago. 665,000 Red Rock Bottlers, of common stock April 18, according Inc.—An issue of 166,250 shares of (par $1) was offered publicly April 23 by a headed by Satterfield & Lohrke, New York. The stock, offered as a speculation, was priced at $4 per share. The offering as to 150,000 shares of the stock is made subject to the right of common stockholders of record April 20 to subscribe for three-fourths of a share for each share held at $4 a share. This privilege will expire on May 5. In addition. 20,000 shares are being offered by the company to holders of the 6 % preferred stock by granting to each holder the right to convert one share of preferred into 25 shares of common at any time to and including March 31, 1943. The offering also embraces 16,250 shares purchased by the underwriters from common selling stock group certain individuals. 550,000 Hayes Mfg. Corp.—A W. Porfcr, Inc., New York, offered 275,000 shares of common stoc® ($2 par) at the market. 500,000 New Almaden Corp.—W. H. Newbold's Son & Co., Phila¬ delphia, offered (as a speculation) 50,000 shares of common stock at par ($10 a share). MONTHLY REVIEW 12 /S05 000 Finance Corp.—New Financing Prudential Personal was announced April 22 with the public offering of $250,000 25- 6% conv. deb. bonds, series B, due Jan. 15, 1965, and (no par) by W. W. year 17,000 shares of class A common stock Henry & Co., New York. The bonds were priced at par and the stock at $15 per share. Proceeds from this financing will be used as working capital expansion of the company's business by increasing volume of existing offices and adding new offices. the Inc.—F. Eberstadt & Co., Inc., an¬ for Allied Laboratories, 487 500 that books subscription (C. G.) Conn, Ltd.—Extra dividend of 10c. a share and a regular dividend of 8c. a share on the common stock, both payable April 15. Continental-Diamond Fibre mon stock, payable May 24. this issue since Sept. on Co.—Dividend^of 25c. a share on the com¬ This will be the first payment to be made 30, 1937, when a like amount was disbursed. Cooper-Bessemer Corp.—Dividend of $1.50 a share on the $3 prior prefer¬ ence stock, payable May 10. Dividend of 75c. was paid on Jan. 24, last and on April 1, 1940. Accruals after the current payment will amount to 25c. a share. been closed on the offering of 25,000 shares of common stock (no par) and that the issue has been oversubscribed. The sharas were offered April 15 at $19.50 per share. Net proceeds will be used, to the extent of $375,000, to dis¬ charge in full the company's serial bank loan, the proceeds of which were used largely in connection with the company's recently completed program of plant expansion. The balance of such proceeds will be added to working capital. nounced , have < of 25c. a share on the common stock, payable May 15. This will be the first dividend to be paid since April 13, 1938, when 12Mc. a share was disbursed. Mfg. Dodge East Corp.—Dividend Malartic Mines, Ltd.—Initial dividend of 10c. a share Household stock, common Co.—Dividend Utilities of 10c. com¬ on the on This is the first to be paid 25c. a share was distributed. payable April 25. stock since Jan. 25, 1937, when this Eureka Pipe Line Co.—Extra dividend of 25c. a share and a regular quarterly dividend of 50c. on the common stock, both payable May 1. Co.—Dividend of 20c. a share on the common stock of no par value, payable May 15. This compares with 15c. paid on Feb. 23, last. Exolon National Consolidated Co., Inc., Boston—Public offering First All Canadian Trustee Shares—Dividend of 11 Mc. and Quincy Cass 100 000 share a Chicksan Tool Co., Brea, Calif.—W. Edgar Spear & Co. Associates, Los Angeles, offered at par ($10) and div. 20,000 shares of 6% cum. conv. pref. stock. 200 000 the on stock, payable June 1. mon Electric of $100,000 five-year conv. 5% debs., due May 1, 1945, made on April 15 by Eugene J. Hynes Co., New York. was common The debentures were offered at 100 and accrued interest. MUNICIPAL share a the on 1939. Dividend of 9Mc. stock, payable April 15. was paid on Oct. 16, First Security Corp. (Ogden)—Extra dividend of 25c. a share and a regu¬ lar semi-annual dividend of 50c. a share on the class A and B stocks, all FINANCING payable June 10. New Jersey (State of) unemployment relief bonds were awarded to a syndicate headed jointly by Lehman Bros, and $10 500 000 ' Halsey, Stuart & Co., Inc., both of New York, as lM's. at 100.522, a basis of about 1.07% Due serially from 1943 to 1950, incl. Callable after three years from date of issue. Re-offered to yield from 0.35% to 1.30%, according to ma¬ . General Mills, Inc.—Dividend of $1 a share and an additional dividend of 37Mc. a share on the common stock, both payable May 1. Previously regular quarterly dividends of 87M a share were paid. General Theatres creased from turity. share to 20c. a share, a payable April 18. common stock, payable April 30. This compares with 50c. paid on Dec. 20, last, and 20c. on April 29, 1939, the latter being the first payment made since April 30, Pennsylvania Turnpike Commission, Pa., 3 H % 10 000 000 Equipment Corp.—Dividend on the capital stock in¬ 15c. Halle Bros. Co.—Dividend of 25c. a share on the revenue bonds publicly offered at par and accrued interest by a banking froup & Co., Inc., New by Blyth & Co., Inc., and B. callable ngen managed jointly York. Due Aug. 1, 1968, and J. Van prior to maturity. The bankers purchased the bonds from the Reconstruction Finance Corporation. 1938. Haverhill Electric Co.—Dividend of $1 payable April 13. a share the on This compares with 75c. paid on stock, 13, last. common Jan. about 2.21%. Humphreys Mfg. Co.—Initial dividend of 30 cents per share on the larger amount of common stock now outstanding payable March 30. Company paid a stock dividend of 100% on Dec. 30, last. Regular quarterly dividend of 5Cc. was paid on the smaller amount of stock previously outstanding on Dec. 23, 1939. to Johansen Kansas City School District, Mo., refunding bonds pur¬ chased by a syndicate headed by the Harris Trust & Savings Bank of Chicago, as 2Ms, at a price of 100.559, a basis of 5 000 000 4 000,000 Due serially from 1948 to 1960, incl. Re-offered yield from 1.60% to 2.20%, according to maturity. Niagara Falls Bridge Commission, N. Y., 4M% taxable bridge revenue bonds purchased by Stranahan, Harris & Co., Inc., of Toledo and associates. Due Jan. 1, 1970, and callable prior to maturity. Re-offered at a price of 101. High Point, N. C., refunding bonds sold to B. J. Van Ingen & 3 930,000 Co., Inc., New York, and associates, as 3 Ms, 3Ms, 4s and 4Ms, 100.03, a net interest cost to the city of about 3.726%. . Due serially from 1942 to 1975, incl. Callable prior to ma¬ a yield of 1.50% to a price of 97. Re-offered from 3,900,000 Allegheny County, 2,844,000 Tennessee (State of) bonds sold to Harriman Ripley & Co., Inc., New York, and associates, as 2s, 2Ms and 2Ms, at 100.039, a net interest cost of about 2.19%. Due in 1950 and 1956. The 2s were priced at 99.25 to yield about 2.05%, and the 2Ms were re-offered at 101.25, yielding about 2.16%. (State of) highway bonds taken by an account Co., Inc., of New York, as 2Ms. 3s and 100.032, a net interset cost of about 3.03%. Reoffered to yield from 1.50% to 2.90%, according to coupon rate and maturity date. 2,500,000 Louisiana headed by Blyth & 3Ms, at 2,000,000 Mississippi (State of) highway bonds purchased by Leland Speed Co. of Jackson, at interest rates of from 2% to 3%, at 100.005, a net interest cost of about 2.69%. Re-offered from a yield of 2% to a price of 94, according to interest rate and date of maturity. Due semi-annually from 1946 to 1959, incl. Callable prior to maturity. 1,873,000 Hudson County, N. J., bonds awarded to a syndicate headed by Phelps, Fenn & Co., Inc., New York, as 2.65s, at 100.226, a basis of about 2.64%. Due annually from 1941 to 1970, incl. Re-offered to yield from 0.30% to 2.75%, according to maturity. 1,213,000 Tallahatchie County, Miss., 3Ms and 3M% general re¬ funding bonds purchased by Hunter Jones & Co. of Memphis. Due serially from 1941 to 1960, incl. 1,000,000 Providence, R. I., 2% funding bonds sold to the city Sinking Fund Commission. Due annually from 1941 to 1960, incl. 1,000,000 West Virginia (State of) road bonds were awarded to the Northern Trust Co. of Chicago and associates, as lMs and 4s. at 100.021, a net interest cost of about 1.81 %. Re-offered to yield from 0.25% to 2%, according to maturity. DIVIDEND CHANGES IN APRIL Dividend declarations in April were largely of a favorable The nature. following list, divided into two sections, namely, "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: FAVORABLE Acme Wire Co.—Dividends share to 30c. a share, American on the common stock Increased from 25c, a of Illinois—Dividend on the common stock Increased from 60c. a share to 75c. a share, payable June 1. of May 15 will amount to $41.50 per share. Atlas Drop Forge Co.—Dividend of 20c. a share on the (par $5) common April 25. This represents the first common dividend paid stock payable since 1937. Atlas Plywood Corp.—Dividend of 37Mc. payable May 1. A distribution of 25c. Aug. 1, 1938 and Feb. 15, 1938. a a share share on the common stock, made on Feb. 1, last, was Co.—-Extra dividend of 12Mc. a share and a regular quarterly of like amount of the common stock, both payable April 20. Baldwin Rubber Bethlehem Steel Corp.—Dividend a on the common stock increased from $1 (A. M.) Byers Co.—Dividend of $2,166 a share on the preferred stock, payable May 1. , This dividend represents the $1.75 dividend ordinarily due on Aug. 1,-1935 and interest thereon to May 1, 1940. California Packing Co.—Resumption of dividends on by the declaration of 25c. a share, payable May 15. amounted to 25c. a share and was made distribution the common stock The last previous Nov. 15, 1938. on a Lake of the Woods stock, common 80c. the no was made Co.—Dividend of 75c. a share on the common stock, payable on June 17. An extra dividend of 25c. and a dividend of 25c. were paid on this issue on March 15 last. Columbia Gas & Electric Corp.—Dividend of 20c. a share on the com¬ Clark Equipment This is the first 1937, when 25c. common dividend declared a share made was paid. on share a the on Last previous payment amounted to Dec. 1, 1930. (F. & R.) Lazarus & Co.—Dividend of 25c. share a on the Lehigh & Wilkes Barre Coal Co. of N. J.—Dividend of 80c. the stock common of no par value, payable April 25. An extra of 75c. a share and quarterly of 15c. a share were paid on Jan. 25, last. a regular a share on stock, paid April 18. This represents the first dividend this issue, since Jan. 19, 1939, when 27Mc. a share was dis¬ common paid on tributed . Madison Square Garden Corp.—Dividend of 35c. a share on the no par common stock, payable May 21. This compares with 25c. a share paid in the three preceding quarters. Mercantile Stores Co., Inc.—Dividend of $1 share a on payable April 17. This will be the first dividend paid since January, 1938. the common on the Minneapolis-Honeywell Regulator Co.—Extra dividend of and regular quarterly dividend of 50c. a a share the on stock, above issue 25c. share a common stock, both payable June 10. Minnesota Valley Canning Co.—Dividend of $7 per share on account of accumulations on the $7 cum. pref. stock, payable March 28, thus clearing up all back dividends on the issue. Directors also declared an initial dividend of 75c. per share on the class B common stock, likewise payable March 28. Last previous common dividend was the $10 $100 par common shares on May 1. 1931. pay¬ ment made on the old Mode O'Day Corp.—Dividend on the common stock increased from 15c. a share to 25c. a share, payable April 15. Monroe Auto Equipment Co.—Dividend resumed by the declaration of 30c. a share on the common stock, payable May 28. The last previous distribution amounted to 35c. a share and was made on Dec. 28, 1937. Mountain States Power Co.—Initial dividends of $1 on the common stock and $3.75 a share on the 5% pref. stock were paid on April 25 last. National Funding Corp.—Extra dividend of 17Mc. a share and a regular quarterly dividend of like amount on the class A and class B shares, all payable April 20. New Bedford Rayon Co.—Dividend of 30c. a share on the class B stock, payable April 25, the first on this issue in several years. New Mexico Gas payable May share were Northern Co.—Dividend of 20c. a share on the common stock, Previously regular semi-annual dividends of 10c. a 15. distributed. Pipe Line Co.—Dividend share to 40c. a a the on Oahu stock increased from common share, payable June 1. Northland Greyhound Lines, Inc.—Dividend share, payable April 24. Sugar Co., Ltd.—Special dividend of 10c. a share the on the on a common common stock share and the regular stock, both payable April 15. Ohio Oil Co.—Dividend of 20c. share a on the common stock, payable June 15; this will be the first dividend to be paid on the common shares 15, 1938, when 20c. a share was also distributed. since Dec. Oliver United Filters, Inc.—Dividend resumed on the class B stock with the declaration of 25c.a share, payable May 20. Last previous distribu¬ tion amounted to 50c. a share and was made on Dec. 23, 1938. Otis Elevator Co.—Dividend of 20c. a share on the common stock, payable June 20. This compares with 15c. paid on March 20, last. Parker-Wolverine payable June Dec. 15, last. Park on Utah Co.—Dividend of 75c a share on the This compares with 50c. a share 15. Consolidated Mines common stock, distributed Co.—Special dividend of 10c. a on share the common stock, Procter payable June 7. This will be the first paid since 1937, when 15c. a share was disbursed. & Gamble Co.—Extra dividend quarterly of 50c., both payable on the Reed-Prentice Co.—Dividend on of 50c. common a share and a regular shares on May 15. the 7% creased from $3.50 a share to $4 a cumulative preferred stock in¬ share, payable May 1. Rich's, Inc.—Dividend of 75c. a share on the common stock, payable May 1. This compares with regular quarterly dividends of 50c. a share previously distributed. Standard stock, payable May 15. by the company since Nov., Milling Co., Ltd.—Dividend of 50c. was ^ Soundview mon a share on the common Previously regular quarterly dividends of 40c. 1. payable June 1. share and a Canadian Insurance Shares, on the on share were distributed. Canadian Fairbanks Morse Co., Ltd.—Interim dividend of 75c. a share on the common stock, payable May 15. Last previous dividend in the amount of 50c. a share was paid on May 15,1939. Ltd.—Dividend of $1 a share par common stock, payable April 15. A distribution of 50c. on May 15, 1939. share a distributed. stock, payable June Dec. 20, share to $1.25 a share, payable June 1. 5c. Kroger Grocery & Baking Co.—Dividend of 50c. monthly dividend of 5c. American Locomotive Co.—Dividend of $1 per share on the $7 preferred stock, payable May 15. This payment which is on account of arrearages will be the first dividend paid on the preferred stock since Dec. 7, 1937 when $7 per share was distributed. After current payment accruals as of King Oil Co.—Dividend of 15c. a share on the common stock, payable May 1. Previously regular quarterly dividends of 10c. a share were of $1 a payable May 15. Investment Co. dividend Co.—Participating div. of $1.38 a share and a regular quarterly dividend of $1.50 a share on the $6 preferred, class A stock, both payable 15c. CHANGES Co.—Initial June 1. Pa., various new capital bonds awarded to the Mellon Securities Corp. of Pittsburgh, and associates, as 2Ms, at a price of 101.65, a basis of abotxt 2.11%. Due serially from 1941 to 1970, incl., and re-offered to yield from 0.20% to 2.25%, according to maturity. Shoe Kendall at turity. Brothers stock, payable May 10. common a Pulp Co.—Dividend share to 50c. Oil a Co, on the common stock increased from 25c. share, payable June 1. Kansas—Dividend resumed on the common stock by the declaration of 60c. a share, payable May 4. The last previous distribution amounted to $2 a share and was made on Dec. 8, 1938. of Standard Oil Co. of New Jersey—Extra dividend of 50c. in addition the regular par Tide semi-annual dividend of 50c. $25, both payable June 15. Water Associated a share on to the capital stock, Oil Co.—Extra dividend of 10c. regular quarterly dividend of 15c. payable June 1. a share on the a common ... share and a stock, both Tilo Roofing Co.—Cash dividend of 30c. a share on common stock and a stock dividend of one-half of one share of common stock of the company for each such share outstanding, payable June 15. In the first quarter, dividend of 25c. a share a pointed out that the 30c. on the larger number of the payment of the stock It was paid. was cash dividend is equivalent to a 20c. payment shares of common stock to be outstanding after dividend. : Truax-Traer Coal Co.—Dividend of 25c. a share on the common stock, payable May 2. This will be the first dividend paid since Jan. 31, 1938, when 20c. share a disbursed. was United Merchants & Manufacturers, Inc.—Dividend of 50c. a share on the common stock, of which 25c. will be paid on June 15 and 25c. on Dec. 16. This represents the first distribution on the common shares since Dec. 1, 1937, when 25c. United States Electric Light B stock increased from 3c. share was paid. a Shares—Dividend on the class & Power payable May 15. share to 4c. a share, a Universal Cyclops Steel Corp.—Dividend of 20c. (not 25c. as erroneously reported in the "Bank and Quotation Record" of April 4, 1940, page 12) share a payable March 28. This compared with Sept. 30 and 12Hc. on June 30 and on the common stock, on 55c. paid on Dec. 28 last: 20c. March 29, 1939. Wolverine National Gas from one-half cent on April 10. share, payable a Feb. 1 and Nov. l.last. Fort Worth Stock Yards—Dividend of 25c. a share on the common stock, This compares with 37 Hc. a share paid on Feb. 1, last. Tap & Die Corp.—'Dividends of $1.50 a share on the $6 pre¬ payable May 15. Dividends of $2 was paid on Dec. 18, ferred stock, last, and of $3 one share a 15, last. Nov. on Shattuck-Denn Mining Co.—Dividend of 10c. a share on the capital stock, payable May 31. This compares with 15c. paid on Dec. 22, last, and 12Hc. paid on Feb. 20, 1939. Soss Manufacturing Co.—Dividend 123^c. a share to 6He. the common stock reduced from on share, payable April 25. a Standard Cap & Seal Corp.—Dividend on the common from 40c. a share to 20c. a share, payable June 1. COURSE OF THE STOCK MARKET DURING stock reduced APRIL Tlie stock market, giving reflection more to domestic than foreign developments, showed marked firmness in the first week of April, but as prices seemed on the point of forging ahead to the best levels of the year, the advance was halted by a widening of the area of combat in Europe. In the ensuing readjustment, prices settled back so far as to relinquish all of their earlier gains; and then in the latter part lifted of the month a creeping advance took place which prices, according to the index of the New York "Times," to close point 0.13 above the level prevailing at the a of March. Prices moved upward briskly, in an increased volume of trading, in the first week of the month after the primary elections in considerable revealed Wisconsin strength on the part of Republican candidates for the presidential nomi¬ nation. The plain sign given voting in the by Wisconsin April 2 that the Republican cause this election year is on a distinctly hopeful one led to a quickening of investor inter¬ in est low April 8. the indications Denmark without resistance and troops on stocks war, a materials of war at several the Norwegian coast line.' At this turn landing was strategic ports in high of 111.18 on was startled by the April on that Germany had seized news and 108.00 of 2 to But at this point the world a the stock index This rise carried the stock market. from sold were appreciable volume, in for hand, that tlie Scandinavian markets might be lost to the United States for the duration were, of the German the on one occupation and, In in spite of the last turnover the other hand, that the on fortunes of the Allies, principal this country, were not improved of war business in source eight sessions of the month, the stock market in April was at the best level in seven months, totaling 2(3,005,630 shares as against only 16,270,308 shares in March and 20,240,238 shares in April, with dealings 1930. the first In 1,000,000 shares mark. recent ebb that has Bond years. the month department of all sections the were the York Wall in Street in value par Stock in Exchange, the bond compared of the stock example trend of the list of Norway did not evenly. Paper stocks issues moving counter general list. The prospect supplies of newsprint from Norway would be shut off caused the paper stocks to move forward so rapidly as to that force their Shipping inclusion and for vance, a eagerly bid for. observers more be that decided any in the shipbuilding and group shares of "war soon baby" issues. joined in the ad¬ time the stocks of airplane builders general fillip from market the war here could not expect the war entered a war might market found the outlook soon have still other fronts, the sobering, for the did not bring fresh prestige to the which source alone any good-sized could be the paper, arms as a war course of events orders in this cember's levels. record individual stocks, Allied Chem¬ As to the fluctuations in & Tel. opened at and closed April 172%. April 1, advanced to 175% April 9, slightly above its opening sale at Edison Co. of N. Y. opened at 32 172% 30 Consolidated April 1, 32% to rose April 5, and closed the month General Electric opened at 39 on fractionally lower at 31%. April 1, moved ahead to 40% 36% April 9, back-tracked to on April 19, and closed higher April 30 at 37%. on States Steel day, and then moved forward to 65% on same United 58% the April 9, and at 59%, declined to opened April 1 Steel preferred also im¬ April 1 to 124% April 23, closing the month on April 29 at 124. Westingliouse Elec. & Mfg. opened April 1 at 112%, rose to 115% on April 4, slipped back to 111 on April 9, and ended the month im¬ proved at 113%. In the railroad list, Atchison Tojieka & Santa Fe opened April 1 at 23%, advanced April 8 to 25%, reacted to 21% April 19, and closed on April 30 at 22%. closed April 30 lower at Baltimore & 60%. il8% proved its position from on Ohio's initial sale April 1 was at 5% ; on it April 8 to 5%, fell back to 4% on April 19, and closed the month on April 30 without change. Chesapeake & Ohio opened at 40 April 1, advanced moved fractionally higher on April 5, broke to 38% April 26, and closed frac¬ better April 30 at 39%. Delaware & Hudson touched its lowest point April 19 at 17, after opening the month at 18%; it reached its peak of the month at 20% to 41% tionally closed the month under its opening level 8, and April on New York Central reached its top figure April 8 at at IS. 18%, and its low point of the month April 19 at 15%, clos¬ ing April 30 at 15%, below its opening sale at 16%. South¬ 12%, improved April 8 to 14%, and subsequently declined to 12% on April 19, closing without change on April 30. Northern Pacific, after open¬ ing at 8% on April 1, rose to 9% on April 8, to later drop to 7% on April 19, and then react to 8% at the close on April 30. Union Pacific moved up from 95% April 1 to 98 April 8, then receded to 95 on April 19, and edged frac¬ tionally higher to 95% at the close on April 30. The carrying of the war to Norway and Denmark was accompanied by drastic declines in the bonds of those coun¬ tries. The sharp tension which arose in some of the neu¬ Pacific ern tral countries, the in next April opened based on Lowlands 1 at fears that or the in Germany might strike and that Italy Balkans, losses fell in Italian obligations, regained in part. some of Japanese bonds with the declining trend when it appeared that Ger¬ in Belgian losses these were and later though man invasion of the Netherlands might be sion for but of the anxieties on some made the occa¬ the Netherlands Indies, this score were relieved, with Japanese intervention in consequent benefit to Japanese bonds. When embarked Germany Norwegian the on venture prices of United States Government bonds stood at only a small fraction under their record highs of June, 1939. Im¬ mediately thereafter these bonds receded about 1 point, recovered about 1/3 of the lost ground, declined again, and finished approximately % point under the clos¬ the month ing prices of March. After reaching record high levels in opening days of April, high-grade domestic corporation, bonds receded "about 1% points, and closed the month about rhe Lower grade bonds performed some¬ slightly higher on lli|» month, though under their highs. The bond index of the "Times" advanced 0.12 point to 73.44, its highest closing level in a % point net lower. what year. 12.61 better and closed The foreign bond index, on the other hand, declined 48.84, only 0.75 point above the low points to the mouth, which was the record VOLUME OF BUSINESS ON low for well. as THE STOCK EXCHANGE Month of 1939 1938 1937 April— Stock sales—No. of shares Bond sales (par value)-— 26,695.690 $ 20,246,238 17,119,104 8 Railroad and miscell 139,547,000 93,396,000 Foreign government 21,246,000 21,949,000 S 102,133,000 18,750,000 34,606,839 $ 204,127,000 28,669,000 4,323,000 U. S. Government coun¬ Total bond sales.. .. 7,459,000 18,832,000 62,070,000 165,116,000 122,803,000 139,715,000 294,866,000 Jan. 1 to April 30— whole the best gains were shown by shipping, steel, motor and aircraft stocks. improved demand for steel stocks resulted from considerations, including a The number increase in steel exports to the highest levels in 20 years, a small improvement in the last De¬ being interposed to the decline which began from of the Allies, from expected. For the month in commodity sharpest rise the prices since the war began in Europe last September. As industry, the business indexes showed that a check was for 1940 phase where consumption of materials would But when the Norwegian campaign did make active fighting, and convey at the same time indi¬ cations that the try signal for the was way active more against which the stock mar¬ operated was one of firming commodity prices and of definite resistance on the part of business to a further decline. The extension of the war to Denmark and Nor¬ ket until greater. for of were For months it had been said by countless the panies on April 11. The domestic background tapered off to the to Denmark and war outstanding downward above March and $122,804,000 in April, 1939. The spread of the affect ran likewise expanded, the total $105,110,000 New the familiar grown turnover being with $135,239,000 in to trading volume often than it fell short of that more Then, abruptly, trading interest low same for weeks three day a of dividend a might soon be Germany's partner in arms, resulted in heavy by the invasion. pronounced tapering off of trading activity a of Dye sold off from 182 April 9 to 176 April 19, and recovered at the close of April 30 to 180. American Tel. & CHANGES UNFAVORABLE toward production declaration ical Paper Goods Co.—Dividend of 50c. a share on the common stock, payable May 1. This compares with 75c. a share distributed on payable May 1. the close of the month, the $1 on United States Steel common shares, an increase in the common dividend of Bethlehem Steel, and the quick rescinding of the reduction made in hot and cold rolled strips by the principal com¬ of rate Corp.—Dividend on the common stock increased share to 2c. a American Greenfield 13 MONTHLY REVIEW MAY, 1940] Stock sales—No. of shares Bond slaes (par value)— Railroad and miscell Foreign government U. S. Government 72,427,478 $ 83,865,085 8 470,475,000 461,517,000 81,448,000 93,604,000 13,733,000 31,800,000 565,656,000 586,921,000 78,792,899 . 8 453,525,000 87,801,000 61,324,000 193,872,545 $ 967,580,000 145,738,000 232,488,000 an Total bond sales 602,650,000 1,345,806,000 MONTHLY REVIEW 14 In following table we indicate the range for the on 10 each of the more active foreign, rail¬ the current month industrial bonds: road and for loans running 180 days. Notwithstanding the material expansion in security trading witnessed during the month, the demand for new loans remained negligible, and trans¬ actions continued to be largely Apr. 1 Range During April, Closing Lowest Price Foreign Governments— Argentine 4s Feb. 1972 7sL__ Japanese 6Ks Norway 4 Ms Pery 6s 14M 94 M 5 60 M 4 24 M 14 Apr. 19 17 61M 60 M Apr. 20 Apr. 20 19 12" 10 M Apr. 15 64 M Apr. 14 Apr. 65M 48 M Apr. 18 65M Apr. 30 1 89 77M Apr. 18 91 Apr. 29 22 76 Apr. 5 23 10 K Apr. 50 M 12 74 2 10 M Apr. 9M Apr. 87 I 31M 7 6M Apr. 2M Apr. 1943 Erie 5s series 1930 1976 Great Northern 4s series G..1946 New York Central 4Ks2013 N Y Chicago & St L 4Ms..-1978 Northern Pacific 6s series B..2047 St Louis dan Francisco 4Ms. 1978 Delaware & Hudson 4s 19 15 Apr. 100M Apr. 51M Apr. 19 14 K Apr. 5 56 M Apr. 18 60 K Apr. 4 12K 57 M 1961 104 M 104 M Apr. Commonwealth Edison 3 Ms. 1958 129M 129 Apr. 9 105 M Apr. 19 9 2 130M Apr. 77 1990 Portland Gen Eleo 4 Ms I960 Postal Teleg & Cable 5s 1953 Third Ave Ry adj 5s 1960 U S Steel 3Ms— 1948 Youngstown Sheet & Tube 4s '48 Manhattan Ry 4s... 76 M Apr. 9 Apr. 8 77 M 36 M Apr. 19 46 M Apr. 6 39 M 82 _..1955 82 1 83 M Apr. 8 83K Apr. 79 105 M 129 H 45 M 5s.. 1966 1 73 M Apr. 1 22 % 25 M Apr. 8 23 Apr. 8 106 8 108 M Apr. 2 H 103*u 1 103 K 75K 72M Apr. 25 75K Apr. 24 K 22 M Apr. 27 25 20 M 20M Apr. 1 105 M 103K Apr. 103 Apr. 108 M IK IK IK IK IK IK IK IK iK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK IK 59 Columbia Gas & Elec 5s IK Apr. 12 Apr. 13 56 VOLUME OF BUSINESS ON THE CURB EXCHANGE Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sun day 14 15— 16— 17 18... 19— 20... 21 Month of 1937 IK IK IK IK 24 25... 26... 27— 28— 29— 30... IK IK IK IK . remained in active call on the part of Average grade prime four to six-month paper transacted at %% to 1%1 with the bulk of sales and with especially choice the lower figure, 515,000 30,726,000 26,439,000 43.233,000 received from 56,616.796 market commercial paper outstanding March, as against $226,400,000 on Feb. 29, 1940, and $191,200,000 at the end of March, 1939. 510,000 14,426.901 15,157,889 16,759,004 $ $ $ 160,656,000 1,822,000 2,356,000 101,902,000 2.536,000 2,391,000 184,960.000 5,968,000 5,286.000 121,955,000 Total bond sales again moving at %%. paper 164,833,000 106.829,000 commercial paper at end the RATES FOR MONEY AT to the huge accumulation of chiefly due to the continued inward rush of for¬ eign gold and the excess of Treasury disbursements, were the dominant notes of the money market during the past Week Ended— Call loans failed to exert any material Commercial borrowings of member banks $36,000,000 March 27 to April 24 to the highest level 1938, but this movement was offset in part by a decline in loans for purchasing and carrying securities. Excess member bank reserves, notwithstanding a substan¬ tial increase in the amount of money in circulation, rose four-week $6,1^0,000,000 April 24, represent¬ increase $6,110,000,000 May 1. of $440,000,000 but declined to Government financing was limited to the usual weekly bill issues in the amount of $100,000,000 each, to replace similar maturities. Gold imports totaled $248,900,000 of which amount $57,100,000 came from Swe¬ den, $44,600,000 from Canada, $43,600,000 from England, $30,300,000 from Switzerland, $21,700,000 from Italy and $20,200,000 from South Africa. The total gold stock of the increased $330,000,000 to a new high of $18,771,Discount holdings of the 12 Reserve Banks 000,000 May 1. $2,668,000 May 1, compared to $2,090,000 March 27. were Total member bank reserves $12,294,002,000 March 27 continued their Six months The rate for call loans tinued on the Stock Exchange con¬ Apr. Apr. Apr. Apr. Apr. Trading Low High Renewed 1 Apr. 16— 1 1 1 2... bankers' in acceptances April Secured by 1 30 Days 180 Dayr 60 Days 90 Days 150 Days 120 Days & Ask Bid & Ask Bid dk Ask Bid & Ask Bid & Ask Bid & Ask Ka7u Ha7 it Ka7u K®7u 2 3 _____ 4 6—. Ka7u ----- Ka7t. Ka7u Man. Ka7u K®7u K®7u Ka7u Ka7u Ka7u K®7u Ka7u Ka7u Ka7u Ka7u K<I7H ----- _____ 11 ----- ----- K®7 u K®7i« Man. K®7u M®7u K®7« K®7u K®7u Ka7u K®7i« Saturday Sunday Ma7u KaTu Ka7u Ka7u K®716 K®7ie K®7n Ka7u Ka7u 13 Apr. 17— 1 1 1 14 1 Apr. 18- 1 1 1 15— 1 Apr. 19— 1 1 1 16 5 1 1 1 Apr. Apr. 20— Saturday 21— 17 _____ 18 ----_' ----- 7.__ 1 1 1 19 1 1 1 Apr. Apr. 22- 8— 23— 1 1 1 9... 1 1 1 Apr. 24- 1 1 1 21. Apr. 10___ 1 1 1 Apr. 25— 1 1 1 22.— 1 1 1 23 ----- 24 ■----- 25 ----- ■ 20 AIM1. Sunday 11— 1 1 1 Apr. 26— Apr. 12... 1 1 1 Apr. 27— Apr. 13— Apr. 28- Apr. 29— 1 1 1 26 Apr. 30- 1 1 1 K®7u Ka7u Ko'ii Ka7u Ka7 u Ka7u Ka7u 27 Saturday Sunday 1 Saturday Sunday K®7i« Kan. K®7ie K®716 28 on security collateral of again quoted 29 1^4% for 90-day loans, and 1%% 30 were Ka*u Ka»u Ka#u Kan. Ka»u Ka'u Ka»u Ka*u Ka»u Ka»u Ka»u Kan. Kan. Kan. Ka*u Kan. K®*u Ka»u Sunday 1 Saturday Sunday •uaK •uaK •uaK •uaK 9i#®K Saturday 1 level of New Accept'ces Bid 1 the nominal Reserve Bank PRIME BANKERS' ACCEPTANCES 1 Time loan rates inactive, Call Loans Apr. at continued mained unchanged at %% bid and 7/16% asked for 30-day, 60-day and 90-day bills, at 9/16% bid and asked for 1 1 K@1 K@1 $89,827,000 March 30, domestic warehouse credits $43,025,000 to $40,187,000, while export bills increased from $44,438,000 to $47,157,000, and bills based on goods stored in or shipped between foreign countries from $27,333,000 to $29,815,000. Bills held by accepting banks totaled $183,919,000, namely, $120,926,000 of own bills and $62,993,000 bills of others. Rates for bankers' acceptances re¬ 1 1 K@1 K@1 Feb. 29 to 1 __ K@ 1 K@1 from 3... 14— IK published April 15, totaled $229,705,000 March 30 compared to $233,015,000 Feb. 19 and $245,017,000 March 31, 1939. Import bills further declined from $95,017,000 4... 15 IK IK IK York, 12 Renewal 1 Apr. IK Analysis Unit of the Federal ance 8 1 Apr. IK " acceptances, according to the monthly survey of the Accept¬ Apr. Apr. IK 7 1— 6— IK chiefly because of the utter inadequacy of the volume of bill offerings coming into the open market. Outstanding 9 High IK IK IK K@1 Good 4 to 6 months 10 Low IK IK IK IK IK IK 6 unchanged at 1%. CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE Apr. 1 IK IK paper: Double and single names: Prime 4 to 6 months... from rise 1@1 1 to $12,869,916,000 May 1. Aver¬ age yields on short-term Treasury notes stiffened from 0.40% March 30 to 0.45% April 29, those on long-term Treasury bonds from 2.21% to 2.25%, while average yields on 91-day Treasury bills were quoted at 0.004%, whereas these bills previously had sold slightly above par and at par. ... in¬ since early in l@i 1 H@1 Five months creased 1@1 1 IK Sixty days Ninety days Commercial 1@1 IK Thirty days influence on the general level rates, in view of the ever rising volume of excess Apr. 27 collateral): Four months gilt-edge securities, the widening of the European conflict Apr. 20 IK IK IK Range for week (mixed & Indus, coll.) Weeks' aver, (mixed & Indus, coll.).. found its repercussion in moderate price recessions for Apr. 13 Stock Exchange: on Time loans (mixed & Indus, While the German invasion of Denmark and Nor¬ peak of NEW YORK Apr. 6 idle funds, a new dealers showed a total of open of 196,214,000 accessions large Under date of April 15, the Federal Reserve Bank of New York announced that returns THE MONEY MARKET DURING APRIL country IK 713,000 118,512,000 835,000 2,608,000 Foreign government Foreign corporate.. a • 40,582,000 1,984,000 703.000 $ Bond sales (par value)— Domestic.. ing IK IK and available offerings again fell short of continued to be quoted at $233,100,000 of Stock sales—No. of shares steadily to IK Sun day IK IK 31,803.000 Total bond sales bank funds. IK IK IK IK 25,414,000 Jan. 1 to April 30— of money IK IK 29,679,000 334,000 Foreign corporate way IK IK IK IK IK 30,709,000 159,000 - Foreign government month. IK IK IK IK IK IK IK 935,000 Domestic Further IK IK IK IK IK IK IK IK IK IK the demand. $ $ $ $ 8,703,165 2,903,850 3,497,684 6,266,492 Bond sales (par value)— IK IK IK IK bank investors, April— Stock sales—No. of shares IK IK IK Sun day 22... 23 Commercial paper 1938 1939 1940 IK IK 17K Apr. 6 IK IK Apr. 11— 8 IK IK IK 66 M 15 59K Apr. IK IK IK 5 1 IK IK 1M IK IK 5 104 M 63 1M IK IK IK IK IK Sun day 8— 60 M Apr. 15 IK IK IK IK IK IK IK 30 IK 1M IK 1M IK IK IK 7... Apr. 9... Apr. 10... 1 1953 IK IK IK IK IK 2M Apr. 6 Months 1M IK 6M 12 K Apr. 13K 57 K 4 5 6— Apr. Apr. 4 54% Apr. 55 Apr. 55 Apr. 5 Months IK IK IK IK IK IK 4 19 105 19 Collateral 4 Months 90 Days 60 Days IK IK IK IK IK Apr. 53 M Apr. 59 M Apr. Southern By 4s_. Industrials- Interboro Rapid Transit Internat Tel & Tel 5s 29 1—. 2 3 3 1 55M Apr. Apr. Apr. Apr. 7M Apr. 16 2M 58 M 16M 101M 52 M 55 K 1975 Chic & North Western 4Ms. 1949 30 Days Apr. Apr. Railroads— Chic Milw St P & P 5s / 84 M 1 4 96 M ,1965 1951 ..1954 —1965 1960 German 5Ks stamped 1 98 M Apr. 62 Apr. 11 14M Apr. 94 1942 Denmark 6s... 86 M Apr. 17 % Apr. 83M Apr. 17 ...1967 1960 .->1977 Cuba 4Ks OF TIME LOAN RATES DAILY RECORD Price Highest confined to the renewal of older loan contracts. Rates on Mixed 86 H - Brazil 6 Ms of 1926 Canada gold 4s Italy Apr. 31 1940 Opening JBonds Ka7u Ka7u Kan. K®716 •uaK •u®K •uflK •uaK' Ka#u ®i«aK Ka'u K®7w •uaK K®7u Ka7u H®Tu •uaK Ka*u Ka»u Ka7u •uaK Saturday Sunday Ka7u K®716 K®7u H«7u Ka7u Saturday Sunday K®7u K®7n •uaK •uaK Ka»u Ka*u Ka*u Ka»u Kan. Kan. Kan. Kan. •uaK •uaK •uaK •uaK •uaK Ha'u Ka'u Ka'u Kan. Ka»u •uaK Kah. Ka*u Kan. Kan. •uaK Ka'u Ka»u Kan. Kan. Kan. 9/16% asked for bills 120-day bills, and at %% bid and The New York Federal Reserve Bank in its "Monthly Review" discussed conditions in the running 150 and 180 days. market for bankers' acceptances as follows: activity remained slow in April because of the continued small amount of bills made available by accepting institutions, and rates were un¬ "In bill the 15 MONTHLY REVIEW May, 1940] trading market, changed." $9,082,000,000, while domestic bank deposits were $202,high of $3,724,000,000. Loans and investments of the weekly reporting banks in 101 cities increased $186,000,000 in the five weeks from of 000.000 higher at a record 24 to a total of $23,584,000,000, with loans March 20 to April investments up $142,000,000. and agriculture increased $40,000,000 to the best level of the season at $4,419,000,000. Increases were shown in Treasury notes of $75,000,000, in Loans to and $44,000,000 by higher industry commerce, the banking position little bonds of $8,000,000, in Government-guaranteed $58,000,000, and in other securities of $50,000,000, but Treasury bills decreased $49,000,000. Demand deposits increased $513,000,000 to a record high at $19,764,000,000. In the five weeks from March 27 to May 1 reporting New York City bank loans to brokers and dealers in securities—the so-called brokers' loans—increased $9,000,000 of surplus bank reserves to a Treasury [RETURNS OF THE FEDERAL RESERVE BANKSBROKERS' LOANS IN NEW With an as issues of buffer against shocks, the inclusion of a Norway and Denmark in the the CITY increasing volume of excess re¬ and enormous serving serves YORK of European combat left zone affected in April. This cushion was substantially enlarged during month, the $6,000,000,000 mark being reached and ex¬ for the first time. Having so large a quantity of ceeded uninvested funds, loose from Street loans, as compiled by the' increased $9,673,440 in April $579,486,870, following a rise of $14,339,083 in tota_l of $476,000,000. Exchange, Stock York New to a total of their holdings of banks were not to be shaken Government securities to any member noticable extent, and, unlike the experience of last Septem¬ not have to give the ber, the Federal Reserve banks did markt any support at all. The developments in the European war, as a matter of Reserve System only fact, were met by the Federal by a suspension of sales of Treasury bonds and Treasury notes which its in the Scandinavia. into Federal the started been had troops week before the week In Germany sent ended April Open Market Account countered a 3 rising ten¬ dency in the Government securities market by the sale of $4,550,000 and way Treasury" bonds and $4,000,000 of Treasury of When Germany made its armed excursion into Nor¬ notes. Denmark, Government securities moderately so banks found could and of and that grudgingly the yielded ground Federal Reserve they could remain encamped on the sidelines leave to institutional safely investors the task Two main influences conspired to bauk increase the affluency namely, the heavy purchases of gold by the Treasury and the substantial drafts made by the Treas¬ ury reserves, its deposit on rise in the gold balance with the Reserve banks. The stock in the five weeks from March 27 to May 1 amounted to $358,000,000, leaving the total at the of $18,771,000,000 on the latter date. The in¬ crease in the gold stock in the month of April alone was placed by the Federal Reserve Bank of New York at $330,000,000, the largest monthly rise since the war began in Europe last year. As against the $358,000,000 gain in the gold stock in the five weeks under review, the rise in gold certificates deposited with the Federal Reserve banks by the Treasury was $395,360,000, showing that the Treasury record high made of its gold in use about of The the working balance to the extent $37,000,000. reduction the banks Treasury's amounted sources balance in the $209,771,000, bringing $490,106,000 as of May 1. member which from deposit to the Government's account down to Other banks gained reserves included the $89,000,000 reduction in Treasury cash, the $10,000,000 increase in Treasury currency, and the $15,000,000 decrease in non-member deposits and other Federal Reserve supply Offsets accounts. bank of reserves Reserve Federal currency credit circulation. to these contributions the to the $10,000,000 decline the $99,000,000 expansion were and The net of these influences leave member banks with on $12,869,916,000 of actual was on $37,861,000, but ether deposits increased $23,091,000. the reporting New York City banks the five-week period was attended by expanding credit volume, loans and investments increasing $71,000,000 to a total of $9,121,Behind considerable the this change net in shifting about of assets. New City York banks credit there lay a On the investment showed striking rises in shorter term securities, reflecting a movement which began when lowest for cable recovered the day to $3.46%. The low for the pound was the since April 13, 1933, except for the decline of March 27 April 9 the pound went to a new low of $3.43 transfers, off 13c. from the previous close, but during Denmark and war. to their investment holdings Norway were brought into the These large banks added no less than of of in scene $86,000,000 Treasiyy notes, $27,000,000 to their Government-guaranteed securities, and which the net as fact in were effective the unit when announced March on 9 and became March 27 decline above of March 25, led to the noted. The new exchange restrictions, recounted here last month, designed to build evidently were foreign balances for up the effect of the invasion of countries, these regulations continued Apart from war purposes. the Scandinavian exchange operations. throughout April to limit free market dom, wilieh meant also exports from the British Common¬ wealths and decline for the five weeks under review $1,000,000. Their other securities were reduced by $64,000,000. Loans declined $12,000,000. After rising on April 3 to a new peak for the season at $1,693,000,000, com¬ mercial, agricultural and industrial loans totaled $1,679,000,000 as of May 1, unchanged in the five weeks. Open market paper decreased Dominions, of rubber, tin, tin ore and smelted and $4,000,000 to dollars, or jute manufactures, belgas, guilders, Netherlands East Indies guilders, francs) or in sterling purchased after Sept. 3, Swiss 1939, at the official rate with one of the five currencies. Besides the under territories all States, the Philippine United shipments to the and sovereignty of the United States, shipments to the and East Netherlands Switzerland. Indies; The net effect of the regulations was to remove from the which ling, trade been had part of the former demand for ster¬ light for several 9 owing to the dwindling March after the operations months prior to of foreign exchange and outbreak of the in war Sep¬ tember. The products for which payment is required to be made sterling or in currencies bought at its equivalent in official constitute the greater part of British exports. The matter caused and ington, in official quarters in Wash¬ concern doubtless in other centers, and gave rise to official conversations between various capitals and London. The British viewpoint found support in Washington. On and after March 25 the Federal Reserve Bank of New York utilized both London the market free noon perienced merchants fixed rate rate, but as a of exchange result confusion and the was ex¬ by American customs authorities and American engaged in foreign trade. Respecting the official and unofficial sterling rates, Sir Simon, Chancellor of the Exchequer, stated on April 9, John in a written reply to a question in the eign exchange market was in weakness or House of Commons, the unofficial rate for sterling in that the fall in difficulty on no way a the for¬ of financial sign the part of Great Britain. The decline, he said, was the natural result of the regulations effective became which on March 25 providing that the export of major products controlled by Great Britain must be paid from for in foreign currencies authorized total of $108,000,000. The insure a jute, tin, whisky,.and fur to certain specified countries must be paid for with one of five designated currencies (United States Demand deposits—adjusted increased $45,000,000 to a total overseas concentrates $11,- On April 17 these banks showed the highest recorded total of Treasury bond hold¬ ings—$2,562,000,000—but on May 1, as a result of sales in the last two weeks of April, they held $2,499,000,000 worth, 000,000 to their Treasury bills. making market, free York New the in $3.44%,, a decline of 5S%c. from the official Lon¬ don sterling quotation of $4.03%. The range for sterling cable transfers in April was be¬ tween $3.43 and $3.59%. The high for sterling was $3.59% on April 2, and the low was $3.43 on April 9. The pressure on the pound early in March, as noted here last month, was due to forecasts that the London authori¬ ties planned to issue regulations curtailing the volume of sterling available in the open market. The regulations, free market the major security Foreign central bank deposits with the Reserve banks de¬ 000,000. experienced crown following destinations were also affected by the new measure; Latin America with the exception of Argentina, Uruguay, and British and French colonies; Belgium and Belgian colonies; the Netherlands holdings of the 12 Reserve banks were $8,550,000,000 lower at $2,466,720,000. Bills discounted for member banks increased $578,000 to a total of $2,668,000. side, Swedish to April 24 at $6,120,000,000. For ceased to be quoted, while the sharp pressure and was only nominally quoted in London and New York. Sterling naturally could not fail to reflect the elimination of northern commerce from international trade, and on Norway and Denmark on The record high for surplus reserves was attained creased Denmark of Islands reserves enlarged by $430,000,000 to a total of $6,110,000,000 Government September. vasion in May 1, representing an increase of $575,914,000 over the five-week period. Excess reserves of all member banks were The great disturbing factor was the in¬ and Norway by Germany on April 9. With this disaster to the Scandinavian countries exchange last in on May 1. exchange situation in April became more de¬ moralized than at any time since the outbreak of the war According to the regulations exports from the United King¬ in Reserve Federal EXCHANGE IN APRIL COURSE OF STERLING The foreign reached keeping trading orderly. of March. object that of dealers in the these regulations, exports or in sterling obtained foreign currencies. he contribute pointed out, directly to was to British 16 MONTHLY REVIEW of foreign resources exchange. The fall in the quotation, he declared, was an incidental result of the tightening of exchange control. He said that sterling is the basic cur¬ of vast areas in many parts of the world, and the rency problem of controlling it has become important and more "I think that it would be the wrong policy alto¬ difficult. gether to intervene in support of sterling in the free mar¬ ket," the Chancellor declared. On April "official" 16 the United States Treasury Department in¬ British for rate pounds sterling certified as to by the Federal Reserve Bank of New York is to be used in the collection of estimated duties, merchandise, of and final liquidation of duties wherever the conversion of British pounds sterling into United States dollars is necessary for such purposes. appraisement Similar instructions Canadian dollar, were with issued Newfoundland the respect dollar, and to the the Aus¬ tralian pound, for all of which currencies the Federal Re¬ serve Bank of New York had been reporting two rates of exchange to the Treasury Department since March 25. -The official British rate, it should be noted, continued through¬ out April at $4.02%@$4.03%. It is confidently believed in responsible quarters in Lon¬ don that the budget figures will be revised upward, prob¬ Around mid-April the British authorities ordered holders of 117 transfer United States them to securities the (92 stocks and British Treasury. 25 This the beginning of the war. The first draft of securities for liquidation consisted of 60 United States issues, and their disposal was undertaken on Feb. 18. far be could as the acquired of end learned the first list had of disposed of at favorable opportunities. England statement for the week ended May 1 showed gold £1,347,343. The gold ferred tion holdings holdings for of routine "The the Bank low $0.0200, of $0.1673 Fund. The £541,042,000. 000,000 May 1. on London open market rates continued steady and un¬ changed throughout April. Call money against bills con¬ tinued at %% and 1%, the lower rate generally prevailing. Two- and three-months bills 1 were 1/16%; to been have at about "Monthly Review" for May 1: "Foreign exchange trading in the New York market dur¬ ing the past month was featured by'the repercussions of the outbreak the German occupation of Denmark on April 9. rencies, small of active most erratic days, as to make commitments in in Scandinavia, and parts following of Norway Although rates, particularly for the Allied showed on warfare fluctuations, The some were followed on cally authorized by Treasury regulations or licenses. Ap¬ plications for licenses must be filed with the Federal Re¬ Bank of the district in which the applicant resides, and licenses for approved transactions are issued by the Secretary of the Treasury or by the Federal Reserve banks acting in accordance with instructions of the Treasury. Furthermore, Treasury regulations provide for the filing (beginning not later than May 15) of detailed reports con¬ property interests of Norway and Denmark, and nationals thereof, in this country. cerning "No quotations have been available in the New York market for the Danish and Norwegian currencies since the April 8 closing quotations of $0.1932 and $0.2272, respec¬ tively. The Swedish krona rate, which had held near the level $0.2380 during recent months, showed an irregu¬ larly weaker tendency, accompanying apprehension con¬ cerning the maintenance of Sweden's neutrality, but after reaching a low of $0.2340 on April 10, it recovered subse¬ quently to about $0.2366. Effective April 9, Swedish con¬ reported to have temporarily strength¬ foreign exchange transactions. fluctuating irregularly in a thin market between $3.54 and $3.59 during the first week of April, the New York rate for sterling fell 12%c. during the early trading on April 9 to $3.43%, the lowest quotation in terms of the dollar since April, 1933. During the next few days the were ened restrictions on "After pound rate seemed to show extreme sensitivity to various reports of the Scandinavian developments, temporarily re¬ covering to as high as $3.61% in early Amsterdam trading on deliveries, on the other hand, were quoted "Among the non-European exchanges, the Canadian dol¬ lar improved considerably during April, and at the end of the month at a quoted in terms of the United States dollar was discount of about 14%%, against 18 9/16% at the as end of March " Details of the of gold United the into States during April, considerably smaller than in the previous month, but larger than held gold Federal January in of Bank Reserve war New York, however, decreased $70,000,000 of the February. The amount foreign account at the or for earmark under about during April, following an increase of over $200,000,000 in March. At the end of April approxi¬ mately $1,235,000,000 of gold was held under earmark for foreign account. The increase in the gold stock of the United States during the past month amounted to about ,$330,000,000, the largest monthly gain since the beginning in Europe. "Following $231,200,000 of imports gold of into the United States in the week ended March 27, of which $185,- 800,000 from Canada, receipts during the four weeks came by the Department of Com¬ Of this amount $57,100,000 was imported from Sweden, $44,600,000 from Canada, $43,600,000 from the United Kingdom, $30,300,000 from Switz¬ erland, $21,700,000 from Italy, $20,200,000 from South ended April merce, totaled $248,900,000. 24, reported as $6,000,000 Africa, Hungary, from $4,700,000 from Japan, $1,700,000 from Hongkong." CONTINENTAL April 11, and then falling back, in the New York market, $3.49 on the following day. During the latter half April unofficial quotations for the pound moved less French The AND OTHER in franc FOREIGN EXCHANGE market free the was irregularly lower during However, April, following the fluctuations in the pound. in terms of the pound, to which the franc is allied, the rate was steady in accord with the fixed Lon¬ don price of 176.50@176.75 francs to the pound. market was at all times excessively thin. Bank The France of for statement the The free week ended | high record of 157,895,000,000 francs, which compared with the previous high of 156,150,385,560 francs on Feb. 29, and with 120,303,April 4 showed circulation at a new Later statements in April the high, but the general of the French circulation is nevertheless definitely 082,495 francs a showed reductions trend slight year earlier. from upward. The revenues tinued to the of reflect the French Government in April mounting burden which the war con¬ has taxpayer. The Bank of France statement for the week ended April 25 shows circulation imposed at on the French 156,285,000,000 francs. cable transfers closed in Paris the New York market on April 30 at 1.98%@2.00%. Belgian currency displayed signs of weakness during April, entirely because of the disturbed European con¬ ditions. Dollar parity of the belga is 16.95c. In the first few days of the month the rate ruled around 17.08c. in the New York market, but steadily declined thereafter to a April 1 at 2.01%@2.021/4, and range on of 16.76% to 16.89% for spot belgas. The actual discount on pressure 90-day on belgas, unit was reflected which between April the April 30 ranged between 26 and cable rate, increasing in severity In the free market at • outlined as follows in the "Monthly Re¬ the Federal Reserve Bank of New York for May 1: "Imports of gold movement at the Port of New York were in the 8 and 70 points under the basic as the month advanced. transfers sold on April 1 30 at 16.84%@16.87. belga cable 17.06%@17.10%, and on April German marks were not quoted in London er New York during April, although there was an occasional nominal quotation for the so-called free or gold mark in New York to about around of of rediscount from have discounts. at rather wide of trol authorities to days, although the spot rates held narrowly around $0.5309 and $0.2242% in this market. by the April 10, all such transactions (including for¬ eign exchange dealings) are prohibited except as specifi¬ serve Swiss currencies appear and Dutch been under pressure on many lands, $3,100,000 from Australia, $3,100,000 from India, $2,300,000 from Mexico, $2,100,000 from Colombia, and hesitancy imposition of control by the United States Government over specified transactions here involving property in which Den¬ mark, Norway, or any national of these countries, has any interest. By virtue of an executive order signed by the President belga contracts widened to the equivalent per annum during the latter half of the $3,600,000 from the Philippines, $3,300,000 from the Nether¬ pending clarification of the situation Scandinavia resignation Pierlot, closed the month cur¬ Norway. "The developments in the temporary continued turnover the market showed by under M. In the forward market, however, the discount 16%% month. affected Cabinet three-month of and little $0.1689%. on four-months bills, 1%%, and six-months bills 1 3/16%. In commenting on the foreign exchange situation during April the Federal Reserve Bank of New York said in its against $0.0200% a month earlier. April 17. Subsequently, a firmer ten¬ the spot quotation, which appears on of the Belgian were Bank's note circulation on May 1 stood Note circulation reported on Dec. 27, 1939, of £544,615,938 was the highest in the Bank's history. Total gold holdings of the United States reached $18,771,- at as Belgian dency was shown, trans¬ were mean¬ rate, which was quoted at $0.1709% on April 8, began to recede the following day and reached a were Sept. 6 to the custody of the Exchange Equaliza¬ on Far Eastern month, reaching a new low of $0.0194% on April 9. of the month, however, French exchange had returned to of purposes reportedly on By the end view" of carefully institutions, which while, continued to fluctuate along with the pound through¬ less Bank the lower The New York rate for the French franc, during April be and %c. balance in this market on a number during the latter part of April. This demand entirely liquidated, and the additional securities will doubt¬ The only sellers in previous months, consistent sterling days out the been not European March. of $3.48-$3.54, was tended to absorb the continued liquidation by bonds) was second such order since the So at Forward guilder ably early in the autumn. to than had been interests. structed collectors of customs and others concerned that the the Treasury Department erratically within a range of about end-of-the-month rate of about $3.53 40.20. On April 6 the Reichsbank reduced its rate 4% to 3%%. The rate had been at 4% ' since 22, Sept. 1932, wlien it Was lowered from 5%. It thought that there would be a further reduction in the was rediscount within rate a short time. - # The cut without was significance outside the Reich, and planned economy and its indicated that within the Reich's structure the central bank's re¬ lost its role as an instrument for the strictly regimented credit discount had rate protection of the national currency reserves and the regula¬ tion of credit volume. The reserves had been practically non-existent for time, having been below 1% some of the circulation. note lire Italian Exchange on the Far Eastern countries presented no new of importance during April. The units were in features general under the influence of the London official exchange control. Japanese yen were an exception, as the yen is The 21 and London price for silver was 20 7/16d. on April 1, l/16d. on April 30. The Hongkong dollar was 22.04% @22.15 on April on The Shanghai 6.10 States dollar. the United linked to 1, 21.76@21.90 and April 30. on dollar was 6.02 @6.06 on April 1, and 5.93@ Yen checks were 23.44@23.50 on April 1, April 30. April 30. and 23.44 @23.50 on held were throughout the month by New steady deviate from I*! The rate has 5.05c. per lira. £ £ The fate for commercial lire in the control at Rome. York did not 17 MONTHLY EEV1EW May, 1940] T« © Tt< 00 Tt< 00 H Ttl © CO CD CR 00 00 © © H © Tjj © ©©©©©»q © t* CO CO CO CO CO CO CO CO CO CO CO CO HQ00©©© H © TjJ t* © © t(< i* t* IOTP tJJ ■*< © CO CO CO CO CO CO CO CO CO CO* CO CO CO* CO been unchanged since the end of September, when it was gradually lowered from 5.26c. quoted in New York. Turkish pound is seldom The it times has ceased to be quoted after April 00 C- t- © 00 H »q «q iq TP iqTP TP © T}J CO* CO* CO* coco'CO CO CO CO CO CO CO CO CO CO CO CO CO coco' IQTP TP Tp Tp io CO CO CO CO CO CO ed cd cd cd cd cd cs cs cs cs cs cs coco coco coco o a a a cs a £*££££ xs eoedcdcdedcd coed ojooihcooo lO TP TP 10 TP Tp co eo eo eo co co eo eo coed eo cd coco coed coco a***** S £ * coeoco«oeoco>iiocRt>.tT.©H pHMO3t^CR©(NfHNH©CROS00>tHO ©©©©©©^©TJit}!©©© "CjiqT^TpTpuoiq^iqiqTpTpTpTr^jiqiq cdcdcdcdcdedQcdcdcdededed QcdedcdcdedcdQcdedcdedcdcdncded cs cs cs a cs cs£! a cs <3 a cs cs£J cs cs B x § 'xxxxxsxxxxx C^TP(NCOTPCO®0?0<NHCOC3 ffico©«ooot^©m©©©f^t^p-ari©o6 ' 25 TP Tp TP Tp TP ' lQTpTplOTpTp "-'TH'THT«T«T«ISu-'|lAT«T«T+IT«T«1'''TPTP Tp TP Tp Tp TP 9. lQlO»QlO»OlO iq cd ax*:*** eoedcdcdedcd x s CO CO CO CO CO CO CO* CO CO CO CO Tp CO © © © t— ©©©©©© Tp U5 00 © 00 IN NHffiOO© 04© to Tp TP © TP © TP TP TP © Tp © © © TP © © Tp © © cd ed cd cd cd cd Ok cd cd coed coco coed coed coed cd ed ed cd cd cd coed > co co co coco coco coco 00 04 O O CO CO © © © CO © © ©©©©©© CO CO CO CO April 17 the Foreign Exchange Committee at New through its Chairman, Ii. F. Loree, Vice-President of the Guaranty Trust Co., issued the following statement: 'The Foreign Exchange Committee recommends that on Norwegian and Danish kroner collections for payment in the United States the collecting bank accept dollar deposits On cs k 22.73c. cd CO* CO* in its customer able make to under licenses pursuant Executive thereto should, Order of The kroner. in No. course, 6560 in cs cs £ cs a cs cs cs <s cs * 00000 © © H ©TP TP C0H©OO© CO* CO* ededed ededed CO CO CO CO CO CO 10 10 ©iq© tq © © Tp © © © coco CO CO CO CO cs cs cs cs cs a £»**** to 10 © h © 04 eo co © ©Tp © © © CO CO CO 04 CO CO cs cs a cs a <3 XXXXXX tr* 04 © © 04 04 ©©001- 00 00 © © © © © cs a cs <3 a a JRXXXX COCO CO COCO CO cs cs cs 0 cs cs jj©co© ©t© © © © © coco co co coco CO CO CO CO CO CO cs cs 3J ©»Cr.©©H Tp Tp Tp © Tp © C4H00QP© cocococoeoeo co eo eo co co co 00 © © Tp © © © I I I I I © © eded I I I I >trOO©©H04COTp©©^00©©H 04C0Tp©®t^00©O regulations be obtained 1 £ cdcdedcdedcd appropriate and £ CO CO CO CO CO CO CO CO CO CO when the collecting bank rate as and cd coed cs cs cs cs cs a BBBBBB TpCO©TP©H ©TP Tp ©Tp © and 19.32c. remittances coco £ (Danish), respectively (the closing rates of April 8, 1940), subject to adjustment (Norwegian) © 00 00 © © 04 3! £ © ©00 00 00© invasion. York, is cs o a cs « April navian with HO eq © tr. OJ CR H »OTp Tp © © © CO CO CO CO CO CO cs <3 cs cs cs cs 10 the United States, following the action of France and Great Britain, froze by executive order all balances and foreign exchange transactions in which the Danish and Norwegian Governments and their nationals had any interest. The action was taken in order to prevent Germany from deriving financial benefit from the Scandi¬ at HO 00 OCR 00 £ CO CO CO CO CO CO On TP rp Tp rp TP ©©©©©© presented currency CO Tp ^ © TJI T* © tji © CO CO IQ Tp CO IQ the on $ ©©©©©© been countries neutral during the war of mixed trends during April, due to the invasion of Denmark and Norway by Germany on April 9, to uneasiness in Holland, and to the apparent threat offered to the Netherlands East Indies. Norwegian and Danish Exchange 1914-18 ££ ass*** CO©©©©© CO CO CO CO CO CO At regarded as a minor unit in the New York foreign exchange market. The currency received attention in April when the League of Nations monthly statistical bulletin, issued on April 22, disclosed that Turk¬ ish gold reserves, which had been around $17,000,000 since 1936, suddenly rose to $56,000,000 in March. The rise was attributed to loans from British and French allies. all HHHHHHHHHHCSO) 04O4C4O4O4C4O4O4CO each aaaaaaaQQ.aaQa&A&aaaa&o.aaaaAnaa case." London of the advices on 16 stated that the Chancellor "According to latest returns the April Exchequer said: DAILY RATES gold holdings of the National Banks of Denmark and Nor¬ around £13,000,000 and £18,000,000 or £19,000,000, respectively. I have no information as to the amount of gold held outside the countries." France Switzerland Portugal Franc Franc Escudo way were Unofficial London advices of about the that the bulk of the Danish been reserve was deposited in London or elsewhere, and was that a great Norwegian reserve not already in the United part of the States time stated same supposed to have understood to been have moved to a place of safety. As a result of the invasion of Scandinavia the Swedish krona declined persistently, and on April 25 was nominally quoted in the New York free market at 23.40, the lowest since 1933. At the end of March the range for exchange on Sweden was 23.82@23.84. \ It is believed that prior to the outbreak of the war in September, and up to the last few days of April, fully $160,000,000 of Sweden's gold had been transferred to this side, most of it earmarked with the Federal Reserve Bank. The Holland guilder was held steady by the Amsterdam control throughout April with respect to the spot rate. The essential softness in the guilder was reflected in the quota¬ tions for futures. The apparent threats against the inde¬ pendent position of the Netherlands East Indies gave force to the pressure on the guilder. On April 8, 90-day guilders were quoted at what was then considered a severe discount of 32 points under spot. Following the invasion of Scandi¬ navia the future rate fluctuated steadiness in the New York market, although future Swiss francs generally ruled at a discount of between 14 and 20 points under Guilder spot. cable transfers sold April 1 at 53.09@53.11. and on April.30 at 53.09% @53.11%. Swiss cable transfers sold at 22.42@22.43% on April 1 and at 22.41% @22.43 on April 30. Cable transfers on Sweden sold at 23.82@23.84% on April 1, and at 23.71 @23.82 on April 30. Exchange on the South American countries continued steady, although exchange was more or less restricted throughout April. The currencies were largely dominated by the attitude of the London official control. The Argentine official rate for the peso was quoted at 29.77 on April 1, and at 29.77 on April 30. The unofficial or free market was 23.30@23.40 on April 1, and 23.08 on April 30. Brazilian milreis were quoted at 5.03@ 5.15 on April 1, and at 5.03@5.15 on April 30. Checks on Cables Checks Cables Cables Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 2.01Ma2.02M 22.41 Ma22.43 22.42022.43 M 2.01^a2.02 2.02 O2.03M 2.02Ma2.03M 22.41Mo22.43 22.42022.43 M 2.00Ma2.03M 22.43022.45 22.43Ma.45M 2.00^02.03 O2.02M 22.41 M022.43 22.42022.43 M 02.02 % 2.01 22.41022.42 M 22.41 Ma22.43 al.99K 1.94MO2.00 1.95Mal.98M 1.95 Mai.98 M 22.41Mo.42M 22.42022.43 .44M®3.49 .43 a3.44M Apr. 11 22.41 Mo.42M 22.42022.43 2.00MO2.03 H 2.00Ma2.04 1.97 Hal.99 H 1.97%a2.00M 22.41Mo.42M 22.42022.43 1.99J4a2.00Ji 1.99Ma2.00M 22.41 M0.42M 22.42022.43 .40MO3.50 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 13 14 15 16 17 18 19 20 O2.02M 22.42 Ma.44M 22.43a22.45 2.01Mo2.02M 2.02 2.02Ma2.03M 22.41 M022.43 22.42022.43 M 2.02^02.03 22.42 Ma.43M 2.02&O2.03K 2.02 M o2.03 M 22.42022.43 22 Apr. 25 Apr. 26 Apr. 27 Apr. 28 1.94 03.54 .45 a3.45M .44Ma3.50 .45Ma3.50 .44Ma3.50 a3.45 .38 .41Ma3.50 .41Ma3.50 SUNDAY .41Ma3.48 al.98M 1.97Mal.98M 22.41 Mo.42M 22.42022.43 1.98Mal.WX 1.99 Mai.99 H 22.41 M a.42 M 22.42a22.43 22.41Ma.42M 22.42a22.43 1.983^01.99^ 1.98 M 02.00 1.99HO2.00M 1.99MO2.00M 22.41022.42 M 22.41 Ma22.43 ,39Ma3.43 .39Ma3.43 .39 M a3.45 .39Ma3.45 1.97 .40 M 03.45 SUNDAY o2.00 M 2.00Ma2.00M 22.41 MZ.42M 22.42a22.43 1.99MO2.00M 1.99Ma2.00M 22.41 Ma.42M 22.42022.43 1.97Mal.99M 22.41022.42 M 22.41Ma22.43 1.97^al.99 1.98K01.99M 1.98 Mai.99 M 22.41 Ma.42M 22.42022.43 1.98 al.99K 1.98 Mai.99 M 22.41 Ma.42M 22.42022.43 1.98 Mai-99 1.98K01.99K 22.41 M a.42 M 22.42a22.43 2.00 .39 Mo3.45 .40Ma3.45 .41 a3.44 .40 03.45 .39M03.45 .39Ma3.45 SUNDAY a2.00 1.99 Apr. 30 1.98 Mai. 99M 1.99Ma2.00M 22.41 Ma.42M 22.42022.43 1.98Ma2.00M 22.41022.42 M 22.41 Ma22.43 Germany Belgium Reichsmarl Belga Checks Cables Checks 40.11 MO40.25 17.05al7.07 40.11 Ma40.25 17.02al7.04 40.11 Ma40.25 17.02017.04 40.11 Ma40.25 17.03al7.04 .38 a3.43 .38 H 03.43 Hungary Pengo Cables 40.11 Ma40.25 17.06al7.10 17.06Ma.10M 40.11 Ma40.25 17.07017.09 M q7.07Mal7.10 1. 2. 3. Apr. 4. Apr. 5. Apr. 6. Apr . 7. Apr. 8. Apr. 9. Apr. 10. Apr. 11. Apr. 12. Apr. 13. Apr. 14. Apr. 15. Apr. 16. Apr. 17. Apr. 18. Apr. 19. Apr. 20. Apr. 21. Apr. 22. Apr. 23. Apr. 24. Apr. 25. Apr. 26. Apr. 27. Apr. 28. Apr. 29. .45 1.98Ma2.01M 22.4lMa.42M 22.42a22.43 1.98HO2.01 1.97^al.99M 1.973ifll.99M 22.41022.42 M 22.4lMa22.43 Apr. 29 Apr. Apr. Apr. .34M03.39 SUNDAY 2.00 % 21 23 24 widely between 75 and 145 points under the basic cable rate, improving slightly toward the end of the month to 120 points discount. Swiss francs throughout April and ever since the out¬ break of the war in September have shown exceptional OF FOREIGN EXCHANGE Cables 17.05Ma.07M 17.02Ma.04M 17.02 M a.04 M .59Mal8.00 ,59Mal8.00 59Mal8.00 ,59Mal8.00 ,59Mal8.00 17.03 Ma.04 M ,59 O18.00 SUNDAY 40.11 Ma40.25 17.06 M 017.09 17.07al7.10 17.59 Mal8.00 40.12 O40.25 17,00a 17.04 17.00Mal7.05 17.58Mal8.00 40.12 040.25 16.87al6.94 40.12 O40.25 16.90ol6.93M 16.90Mal6.94 17.58Mal8.00 O40.25 16.82al6.90 16.82Mo.90M 17.59Mal8.00 O40.25 16.80Ma.82M 16.81al6.83 17.58Mal8.00 40.12 No rates 40.12 16.87Mal6.95 17.58Mal8.00 SUNDAY available 40.11 Ma40.25 16.80Mal6.84 16.81016.85 40.11 MO40.25 16.78ol6.81 40.12 O40.25 16.73al6.79 40.12 O40.25 16.74016.76 40.12 040.25 16.74al6.78 40.11 Ma40.25 16.76al6.78 16.78 17.58Mal7.00 Mal6.82 17.68 Mal8.00 16.73 Mal6.80 17.58Mal8.00 16.74Mal6.77 17.58Mal8.00, 16.74Mo.78M 17.58Mal8.00 O18.00 16.76Mo.78M 17.58 SUNDAY 40.10Ma40.25 16.76Mal6.79 16.77al6.79M 17.58Mal8.00 40.11 Ma40.25 16.80Ma.82M 16.81al6.83 17.58Mal8.00 40.12 Ma40.25 16.84al6.87 M 16.84 Mal6.88 17.58al8.00 40.11 Ma40.25 16.84016.89 O18.00 16.84 Ma.89 M 17.58 40.11 Ma40.25 16.85al6.90 40.11 Ma40.25 16.88al6.90 16.85Ma.90M 17.58Mol8.00 16.88Ma.90M 17.58Mal8.00 SUNDAY 40.11 Ma40.25 16.87Ma.90M 16.88al6.91 17.58 Mal8.00 40.11 Mo40.25 16.84al6.86M 16.84Mal6.87 17.68 M017.75 MONTHLY REVIEW 18 DAILY RATES OF FOREIGN EXCHANGE ( MN Netherlands Denmark Poland Canada Argentina Colombia Guilder Krone Zloty Dollar Peso Peso Cables 18H disc't 29.77 2 disc't 29.77 19.31al9.32H 19.31al9.32H Apr. 3 Apr. 4 18Hal7H% 18 al7H% 1713i6al613i6% 19.31al9.33 Apr. 5 1615i#al61u% disc't 29.77 56.98058.00 19.30Hal9.33 Apr. 6 16Hal5H% disc't 29.77 56.98o58.00 7 29.77 56.98o58.00 Apr. — 19.. 20— 21-. 22.. 23— Apr. disc't No rates disc't available 29.77 disc't 16Hal5H% disc't 29.77 56.98a58.00 disc't No rates 29.77 56.98a58.00 disc't available 29.77 56.98o58.00 29.77 56.98a58.00 29.77 56.98a58.00 11 Apr. 12 13 Apr 14 Apr 15 14Hal3H% disc't disc't disc't SUNDAY Apr 16_i..... 14al3 M% No rates No rates Apr. 17 14Hal3H% available available Apr 18 14 Ha 14% Apr 19 16Hal4H% 20 15Hal5% Apr 22 53.07Ha53.10 53.08a53.10H 53.07Ha.09H 53.08a53.10 24— 53.07Ha.09H 53.08a53.10 53.08 H a.09 H 25— 53.08a53.09 .09 Ha53.14 Apr. 26— 53.09a53.13 Apr. 27.. 53.lla53.13H 53.11 Ha53.15 disc't 15Hal5H% 15Hal5H% 16al5H% 15%al5H% 15Hal5% 15Hal5% 29.77 56.98a58.00 disc't No rates 29.77 56.98a58.00 disc't available 29.77 56.98a58.00 disc't 29.77 56.98a58.00 disc't 29.77 56.98a58.00 disc't 29.77 56.98a58.00 disc't 29.77 56.98a58.00 Bolivia Ecuador disc't Apr 23 24 Apr 25 Apr 26 Apr 27 Apr SUNDAY 28.. 29 15Hal413i6% 30. 15Hal5% 53.10Ha53.13 Apr. Apr. 30-_ 53.09O53.11 53.09Ha.llH Apr. 56.98a58.00 SUNDAY Apr Apr. 28— Apr. 29— 53.10a53.12 56.98o58.00 29.77 21 56.98a58.00 29.77 disc't Apr 56.98a58.00 29.77 disc't Apr SUNDAY 56.98a58.00 29.77 No rates 56.98a58.00 29.77 disc't 53.07a53.08H 53.07Ha53.09 53.07a53.08H 53.07Ha53.09 56.98a58.00 29.77 disc't 53.07a53.08 H 53.07Ha53.09 29.77 disc't 53.07 Ha.09 H 53.07a53.09 56.98a58.00 16Xal6ht% 16al5H% 15Hal5H% 15Hal4H% Apr. 53.07a53.09H 53.07 Ha53.10 56.98058.00 29.77 171ieal6H % No rates 53.07053.08 H 53.07Ha53.09 56.98a58.00 9 available SUNDAY 56.98a58.00 1 8 10.. Apr. 53.07 Ha.09 H 53.07053.09 18H% SUNDAY Apr. 53.07 Ha.09 H 53.08a53.101 53.07 Ha.09H 53.07a53.09 14— Cables 1 Apr. 8.. 53.08a53.09H 53.08Ha53.10 19.30al9.32H 19.30Hal9.33 53.07a53.08H 53.07Ha53.09 53.07a53.08 H 53.07Ha53.09 9_. 10.. 11— 12.. 13 Cables Apr. 19.3lal9.32H SUNDAY 7.. Checks Checks 19.31al9.33 Apr. 19.30Ha.32H 19.30Hal9.32 19.30Hal9.32 19.30Hal9.32 S.¬ 53.08a53.09H 53.08Ha53.10 19.30Hal9.32 6.. 53.08a53.09 H 53.08Ha53.10 19.30al9.32H 1— 53.08Ha.10H 53.09a53.11 2.. 53.08a53.09H 53;08Ha53.10 3.. 53.08a53.09H 53.08 Ha53.10 4__ 53.08a53.09H 53.08Ha53.10 15— Apr. 16— Apr. 17— Apr. 18- Apr. Apr. Apr. Apr. Apr. Apr. Apr. Cables Checks Cables Checks Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. SUNDAY Sweden Norway Finland Brazil Chile Krona Krone Markka Milreis Peso Boliviano Sucre Cables Checks Checks Checks 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. Cables Checks Cables 1__ 23.81 Ha23,84 23.82023.84H 2__ 23.82023.84 23.82Ha.84H 3.. 23.80Ha23.84 23.81a23.84Hj ' 4— 23.80 Ha.83 H 23.81023.84 22.71a22.73 22.71 Ha.73H 22.71 Ha.73H 22.7 la22.73 22.70Ho22.73 22.71a22.73H 22.70Ha.72H 22.71a22.73 22.70a22.73 22.70Ha.73H 5_. 23.80Ha.83H 23.81023.84 6__ 23.81023.84 23.81Ha.84H 22.69Ha.72H 22.70a22.73 SUNDAY 7— 23.81Ha.83H 22.70a22.72H 22.70Ha22.73 8.. 23.81023.83 — 1.75 al.90 1.77 al.95 1.77 al.95 1.75 al.95 1.77 al.95 1.77 al.95 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Cables 5.03O5.15 5.16a5.17 3.00 6.75 2.. 6.0305.15 5.16a5.i7~ 3.00 6.75 3 — 5.03a5.15 5.16a5.17 3.00 6.75 4.. 5.03a5.15 5.16a5.17 3.00 5.. 5.03a5.15 5.16a5.17 3.00 6.75 6.. 5.00a5.15 5.16a5.17 3.00 6.75 1.. - . 1.77 al.96 Apr. 8— 1.75 al.96 Apr. 1.78Hal.96 23.47a23.82 23.48a23.83 1.77 5.16a5.17 5.03a5.15 23.75Ha.81H 23.41023.75 3.00 6.75 9— 5.02Ha5.15 5.16a5.17 3.00 6.75 Apr. 10.. 5.03a5.15 5.1605.17 3.00 6.75 11.. 5.03a5.15 5.16a5.17 3.00 12.. 5.03a5.15 5.16a5.17 3.00 6.75 5.03a5.15 5.16a5.17 3.00 6.75 23.72a23.83 23.72Ha23.84 23.73Ha23.80 23.74a23.81 1.77 a2.00 No rates No rates 1.77 al.96 23.73 Ha23.82 23.74023.83 available available 1.77 al.96 1.77 al.95 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 19.. 5.03a5.15 1.77 al.95 Apr. 20— 5.03O5.15 02.00 23.71 Ha23.83 23.72023.83 H 1.78Ha2.00 23.69a23.83 1.78Ha2.00 23.69Ha.83H SUNDAY 1.78Ha2.00 23.66Ha23.83 23.67a23.83 H 23.70Ha23.79 23.71o23.80 23.67a23.79 23.67 Ha23.80 SUNDAY al.96 23.65a23.79 23.65Ha23.80 1.77 23.68a23.74 23.68Ha23.75 23.39a23.74 23.40a23.75 1.78 Hal.96 1.75 al.95 23.40a23.64 23.41a23.65 1.78 Hal.95 23.46a23.66 26_. 23.45a23.65 23.64 23.65 27— 28.. 29— 23.63Ha23.79 23.64a23.80 23.71a23.82 30— 23.70o23.81 1.85 ol.96 1.85 al.96 Apr. Apr. Apr. Apr. Apr. 13.. No rates 14— available 6.75 SUNDAY 15.. 5.03O5.15 5.16a5.17 16— 5.03a5.15 5.16a5.17 3.00 6.75 17.. 5.03a5.15 5.16a5.17 3.00 6.75 18.. 5.03a5.15 5.16a5.17 3.00 6.75 5.16a5.17 3.00 6.75 5.16a5.17 3.00 6.75 21 3.00 6.75 ■ SUNDAY — 22— 5.03a5.15 5.1605.17 3.00 23.. 24— 5.03O5.15 5.16a5.17 3.00 5.00a5.15 5.16a5.17 3.00 25.. 5.03a5.15 5.16a5.17 3.00 6.75 5.03a5.15 5.16a5,17 3.00 6.75 5.16a5.17 3.00 6.75 1.77 al.96 Apr. 26.. Apr. 27— Apr. 28.. Apr. 29.L 1.77 al.96 Apr. 30.. SUNDAY 6.75 SUNDAY 7.. 23.40a23.74 9.. 23.75023.81 10— 11.. 12.. 13— 14— 15— 16— 17.. 18— 19.. 20— 21.. 22— 23 24— 25.. Checks C. bles 5.03a5.15 6.75 6.75 ' 6.75 SUNDAY 5.03a5.15 5.16a5.17 3.00 6.75 5.03a5.15 5.16a5.17 3.00 6.75 . Czecho¬ Italy Peseta Checks 9.75 Apr. Apr. Apr. Apr. Apr. 2.. 9.30a9.75 3.. 9.30a9.75 4.. 9.13a9.50 5— 6.. 9.13a9.50 Apr. Apr. 7__ 9.13a9.50 Japan Hongkong Sol Yen Dollar Cables Cables Cables Cables Cables 9.13a9.50 Apr. 10.. 9.13a9.50 9.13a9.50 5.04Ha5.04M 5.04Ha5.05 5.04Ha5.04H 4.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 9.13a9.50 Apr. 11— 9.13a9.50 9.13a9.50 No rates available 16— U.¬ 9.13a9.50 18.. 9.13a9.50 19— 20 9.13a9.50 9.13O9.50 5.04Ha5.04M 5.04Ha5.04H 5.04Ha5.04H 5.04Ha5.04H 5.04Ha5.04H 9.13a9.50 Apr. 22.. No rates 5.04Ha5.05 5.04Ha5.05 5.04Ha5.05 5.04Ha5.05 5.04Ha5.05 Apr. 23— 9.13a9.50 5.04Ha5.04H 5.04Ha5.05 5.04 05.04 H 5.04Ma5.05 Apr. Apr. Apr. Apr. 24.. 9.13a9.25 5.04Ha5.04H 5.04Ha5.05 25.. 9.13a9.25 5.04Ma5.04M 5.04Ha5.05 26— 9.13a9.25 5.04Ha5.05 27— Apr. 28.. 9.13a9.25 9.13a9.25 9.13a9.25 23.44a23.50 22.04Ha22.15 17.75al8.75 23.44a23.50 22.17a22.30 22.04a22.16 65.83 29.50a30.25 17.75al8.76 23.44a23.50 65.83 29.50a30.25 18.00al8.75 23.44a23.50 22.07022.25 65.83 29.20a29.75 18.00 23.44a23.50 22.13a22.30 65.83 29.20a29.75 18.00 23.44a23.50 22.18a22.30 SUNDAY Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 13— 65.83 29.20a29.50 18.00 23.44a23.50 65.83 29.20a29.50 18.00 23.44a23.50 21.48a21.55 65.83 29.20a29.50 18.00 23.44a23.50 21.48o21.75 65.83 29.30a29.50 17.75al8.00 23.44a23.50 22.01a22.20 65.83 29.30a29.75 17.75al8.00 23.44023.50 21.74a21.75 65.83 29.30a29.75 17.75al8.00 23.44a23.50 21.80a22.00 22.06 Ha22.16 SUNDAY 14— 15.. 65.83 29.00a29.75 17.75 23.44a23.50 16— 17.. 65.83 29.00a29.75 17.75 23.44023.50 21.69 O21.90 65.83 29.00a29.75 17.75 23.44a23.50 21.59 022.00 18.. 65.83 29.OOa29.75 17.75 23.44a23.50 21.74Ha21.75 19— 65.83 29.00a29.75 17.60al7.75 23.44a23.50 21.69Ha21.75 20.. 65.83 29.00a29.75 17.60al7.75 23.44a23.50 21.84Ha21.85 17.50al7.75 23.44023.50 21.86a22.00 SUNDAY 21.. 22 — 21.85 65.83 29.00 23.. 65.83 29.00 17.50al7.62 23.44a23.50 24.. 65.83 29.00 17.50al7.62 23.44a23.50 21.66a21.80 25— 65.83 28.80a29.00 17.25al7.50 23.44a23.50 21.70021.90 26.. 65.83 28.80a29.00 17.25 23.44a23.50 21.70Ha21.88 21.86a21.95 28.80a29.00 17.00al7.25 23.44023.50 21.72Ha21.85 65.83 28.80a29.90 17.00al7.25 23.44a23.50 21.80a21.95 Apr. 30.. 5.04Ha5.04H 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 65.83 Apr. 29— 5.04Ha5.05H 5.04Ha5.04H 5.04Ha5.05 SUNDAY Apr. 29.. Aug. 30— 17.75al8.75 29.50a30.25 _ SUNDAY Apr. 21.. 29.50a30.25 65.83 — available SUNDAY 9.13a9.50 65.83 Apr. — 5.04Ha5.04H 5.04Ha5.05 9.13a9.50 1.. Apr. 2 Apr. S.¬ Apr. 4.. Apr. 5— Apr. 6.. Apr. 7 Apr. 8.. Apr. 9.. Apr. 10.. Apr. 11. Apr. 12— Cables 5.04HC5.04H 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 5.04 Ha5.04 M 5.04Ha5.05 5.04Ha5.04M 5.04Ha5.05 5.04Ha5.04H 5.04Ha5.05 SUNDAY 8 9.. 12.. 13.. 14.. 15— Peru Bolivar Koruna Checks Cables 1— Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Venezuela Peso Lira Apr. Apr. Uruguay slovakia Cables Spain 65.83 28.70a29.50 17.00al7.25 23.44a23.50 21.76a21.90 27— SUNDAY 28.. Philippine Straits Rumania Bulgaria Yugoslavia Greece Shanghal Islands Settlements India Java Leu Lev Dinar Drachma Yuan Dollar Peso Dollar Rupee Guilder Cables Cables Cables Cables . Cables Checks Cables Cables Cables 1— 2__ .500.52 1.00 2.24Ha2.35 Apr. 6.02 a6.06 49.80a49»u 47.13Ha47.62 30 21 030.37 ,50a.55 1.00 2.24Ha2.34 •65Ha.68H .66Ha.68H .65Ha.69 Apr. .66Ha.69 Apr. 6.09 a6.15 49.80a4918u O30.37 Apr. 3.. .50a.55 1.00 .65 Ha.68 H 6.07 a6.25 49.80a4913i» 4.. .50*1.55 1.00 .65Ha.69 .65Ha.69 Apr. Apr. Apr. 6.08 a6.20 49.80a4913u Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 5.. .50a.55 1.00 2.24Ha2.35 2.24Ha2.34 2.24Ha2.35 47.13 Ha47.62 30 .20 47.13 Ha47.62 30 .22 .65Ha.69 .65Ha.69 Apr. 6.10 a6.25 49.80a4913i# Apr. 6.10 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 6.. .50a.55 1.00 2.24Ha2.35 .500.55 1.00 2.24Ha2.34 7— 8— . .65Ha.68H .65Ha.68 % Cables a6.20 49.80a4913u 47.13 Ha47.62 30.22Ha30.35 SUNDAY 53.56 49.80a49»i« 47.13Ha47.62 47.13 Ha47.62 47.13Ha47.62 47.13 Ha47.62 47.13Ha47.62 47.13 Ha47.62 O30.35 53.55 .21 S30.35 53.54 .21 O30.35 53.65 .20Ha30.36 ,20Ha30.35 ,20Ha30.35 53.69 .50a.55 1.00 2.24Ha2.34 .65 0.69 Apr. 5.89 a6.06 49.80a4913n 1.00 .65 a.69 Apr. 10. 5.91Ha6.15 49.80a4913i« 1.00 2.24Ha2.34 2.24Ha2.34 .64Ha.68H .50a.55 .65 Apr. 11. 6.04 a6.18 49.80a4913i# 12— .50a.55 1.00 2.24Ha2.34 Apr. 12. 5.99 a6.06 49.80a4913i« 13.. .500.55 1.00 2.24Ha2.34 .65Ha.68H .65 0.68H .65Ma.69 .65Ha.69 .65Ha.69 Apr. 13. 6.01 a6.06 49.80a49l3i» 18— 19.. 20.. 21.. 22— 23.. 24.. 25 26.. 27— 28_. Apr. 29— Apr. 30— 0.68H SUNDAY 1.00 1.00 .50a.52 1.00 .500.52 1.00 •50a.52 1.00 •50O.52 1.00 2.24Ha2.37 2.24Ha2.34 2.24Ha2.34 2.24Ha2.34 2.24Ha2.35 2.24Ha2.35 .65Ha.68H .65Ha.69 Apr. 15. 6.00 a6.01 •65Ha.69 .65Ha.69 •65Ha.69 .65Ha.69 Apr. 16. 5.96 a6.00 49.80a49"u 49.80a4913u 47.13 Ha47.62 .65Ha.68H .65Ha.68H .65Ha.68H •65Ha.68H .65Ha.68H Apr. 17. 6.93Ha6.12 5.98Ha6.10 49.80a4913i# 5.95 a6.10 49.80a4913u 47.13Ha47.62 47.13 Ha47.62 47.13 Ha47.62 .65Ha.69 Apr. 20. 5.99 *6.10 49.80a49»u 47.13Ha47.62 .66Ha.69 Apr. 21. Apr. 22. 1.00 .500.55 1.00 .500.55 1.00 .500.55 1.00 2.24Ha2.35 2.24Ha2.35 2.24Ha2.38 2.24Ha2.35 2.24Ha2.38 .500.55 1.00 2.24Ha2.38 .500.52 1.00 .65Ha.68H .65Ha.68H .65 .65Ha.69 .65 a.68H a.68H .65Ha.69 .65Ha.69 .65 a.68 H .65 0.68H .65Ha.69 .65Ha.69 SUNDAY .500.52 1.00 .500.52 1.00 2.25Ha2.38 2.25Ha2.38 a.69 .65Ha.68H .66 .65 •65Ha.69 a.68H Apr. 18. Apr. 19. Apr. 23. .20 53.73 53.69 SUNDAY Apr. 14. SUNDAY .500.52 53.56 6.08Ha6.20 .50a.55 .500.52 a30.36 Apr. Apr. — .500.52 53.60 53.55 .65Ha.69 .65Ha.68H 10— 14.. 15.. 16.. 17— 53.51 a30.35 .65Ha.68H .64Ha.68H SUNDAY 11__ 9 47.13 Ha47.62 30 .21 47.13 Ha47.62 30 .21 53.52 a30.37 49.80a4913i# 47.13 Ha47.62 ,20Ha30.36 ,20Ha30.35 ,21Ha30.35 .21HO30.35 53.68 ,20 O30.35 53.65 ,19 O30.35 53.67 53.65 53.65 53.65 53.65 SUNDAY a6.12 49.80a4913i« 47.13 Ha47.62 ,17Ha30.35 5.96Ha6.10 49.80o4913u 47.13 Ha47.62 47.13 Ha47.62 ,20 a30.35 ,17 030.35 53.65 47.13 Ha47.62 47.13 Ha47.62 ,18Ha30.35 63.65 ,17 O30.35 53.67 5.97 53.65 Apr. 24. 5.91 a6.10 49.80a49«xe Apr. 25. Apr. 26. 5.95 a6.10 49.80a4913u 5.93 C6.10 49.80a4913i» Apr. 27. 5.92 a6.10 49.80a49"i« 47.13 Ha47.62 SUNDAY ,16 O30.35 53.67 Apr. 28. Apr. 29. Apr. 30. 6.00 a6.06 49.80a49»u 47.13Ha47.62 17 O30.35 53.61 5.93 a6.10 49.80a49"u 47.13 Ha47.62 17Ha30.35 53.60 M ' New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF Bond Sales April Jan. 1 to April 30— — PRICES DURING APRIL 1940 BOND 1940 1939 $165,116,000 565,656,000 Stock Sales Shares_ Jan. 1 to 1939 1940 April $122,804,000 586,921,000 26,695,690 72,427,478 April 30 20,246,238 83,865,085 NOTICE—Cash and deferred delivery sales are disregarded in tbe month's range unless they are the only transactions of the month, and when selling outside of the regular monthly range are shown in a footnote in the month in waich they occur. No account is taken of such sales In computing the range for the year. The tables on pages 19 to 40 furnish a complete record of the transactions on the New York Stock Exchange during April, 1940, and the. range for 1940. They need no extended introduction, as they are self-explanatory,The tables embrace every security deatflia on the Exchange; We give bonds first, using the classification adopted in the official list. The italic letters in the column headed "Interest Period" indicate in each In accordance with the rule adopted by the New York Stock case the month when the bonds mature. Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which Interest is in default. This method of quoting bonds became effective Jan. 2, 1909. Quotations after decimal point repre¬ sent one or more 32ds of a point Sales in He BONDS •5 A, c PRICES IN APRIL Price S'C N. Y. STOCK EXCHANGE April Value Jan. 2, 1940 ^ Bid Ask April 1 Bid Ask Bid Ask U S GOVERMENT BONDS 1947-1952 A 21,000 O 1944-1954 J 93,000 Treasury 4%s. D Lowest Highest Sale Prices Sale Prices 120.25 120.30 120.9 120.30 Apr. 2 121.4 Apr. Apr. 114.29 115.2 114.23 114.27 114.23 Apr. 115 Apr. 10 115.6 Apr. 4 115.3 Apr. 3 114.12 115.8 115 115.9 Apr. 5 114.9 119.29 Sale 301,000 Treasury 4s Registered 1,000 114.28 Sale 114.25 Sale 1946-1956 M 27,000 Treasury 3%s S 114.22 114.28 Sale 115.4 Apr. 22 121.6 114.20 Apr. 119.30 "48,000 ^Treasury 3%8 2~9~666 Treasury 3%s Registered Treasury 3%s 1940-1943 / D 1,000 Apr. Feb. 29 115.9 Apr. Apr. Apr. Apr. Jan. 30 114.8 Jan. 30 101.3 Mar. 18 102.8 Jan. 7 Jan. 121.4 114.14 Feb. 5 115.6 Feb. 26 115.3 8 8 4 3 5 101.9 Sale 101.10 101.14 101.3 Apr. 9 101 .11 Apr, 8 101.30 1941-1943 M 1943-1947 / Registered Jan. Jan. 25 103.16 103*20 25 101.30 104.21 Sale 103.14 103.17 103.12 Apr. 25 103 .20 Apr. II 103.12 Apr. 25 104.24 Jan. 5 D 109.20 110 109.20 109.23 109 TO 109.11 Apr. 109.11 Apr. 22 109 24 Apr. 10 109 .11 Apr. 2 109.11 Apr. 22 109.30 Jan. 10 109.11 Apr. A 105.13 Sale 104 T7 104.13 Sale 104.10 Apr. 20:104 .21 Apr. 21 104.10 Apr. 20 105.17 S 109*.i4 . 59,000 Treasury 3%s Registered 143*000 Treasury 121.6 102.14 102.22 Registered 28*000 Sale Prices Feb. 119.29 Registered 1 Highest Sale Prices 120.29 121.2 114.8 Registered 119.31 Sale RANGE SINCE JAN. Lowest April 30 1941 F 10*4*20 10 109.21 4 Mar. 4 Jan. 4 A O 109.27 Sale 109.26 Sale 109?22 Sale" 109.18 Apr. 109.30 Apr. 22T10 3 109.18 Apr. 22 110.1 Jan. 4 3 109 .30 Apr. 3 109.26 Jan. 25 109.30 Jan. 11 1944-1946 A O 110.12 Sale none SMe 110.16 Sale 110.8 6 110.6 Jan. 30 110.21 1,000 Registered 69,000 Treasury 3%a Registered. Apr. 6 110.6 Jan. 16 110.14 D 111.10 111.13 112.8 112.12 110.10 Apr. 111.17 Apr. 12 1946-1949 / 111 730 Sale" 19 110 .21 Apr. 110 .10 Apr. 112 .13 Apr. 4 111 Feb. 26 112.13 27*666 111.8 D 111.27 112.4 USA 11*3*8 Jan. 1949-1952 J 112.20 112.25 112.10 Apr. 9 113 10 Apr. 6 111.19 Feb. 23 113.10 Apr. 1946-1948 J D 110.18 Sale 111.14 111.17 111 TO 2 110.10 Jan. 31 111.22 Apr. 2 1951-1955 M S 110.10 Sale 1955-1960 M S 107.30 Sale 3 3^8 1943-1945 Registered 2,000 124,000 Treasury 3%a _ Treasury 3%s Apr. Apr. 16 111.29 Registered 2*5*666 Treasury 22,000 Treasury 3s 110.27 Apr. 19 111 22 III 723 Sale" Jan. 25 110.17 Jan. 25 111.11 Sale 110.17 Apr. 19 111.30 Apr. 8 109.28 Jan. 30 111.30 Apr. 8 I08T8 Saie" Jan. 29 111.1 Mar. 23 109.9 107.25 Apr. 20 109 16 Apr. 22 108 16 Apr. 3 107.7 Jan. 30 109.16 107.25 Apr. 30 107.8 Jan. 31 Apr. 3 Mar. 23 109.20 Sale 109.9 Apr. 20 109, 26 Apr. 2 108.28 Jan. 30 109.26 Apr. 2 16572 108.30 109*6" Feb. 19 109.12 Mar. 8 109.3 Apr. 13 109.19 Apr. 1 108.2 Feb. 9 109.19 Apr. 1 106.28 Jan. 30 108.30 Apr. 4 Apr"."" 110 Treasury 2Hs...... Registered ...... Sale ... 10*9*28 ..1945-1947 M S 109.5 Sale 109 724 1948-1951 M 54,000 Treasury 2%8 Registered 18,000 Treasury 2 HQ S 108.8 108.16 109.19 Sale 108.16 Registered 123*,000 Treasury 2%s 128", 000 Treasury 2Mb 1951-1954 / D 107.12 Sale 10849 10*8*22 108.7 108.14 107.23 Apr. 22 1956-1959 M S 106.21 Sale 108 108.4 107T6 Sale"" 19 108.12 Apr. 10873*0 Apr." " *4 Registered 107.24 3 142*666 Treasury 2*4a..... 891*.000 Treasury 2548 Mar. 106.9 Jan. 107.28 106.27 Apr. Registered Mar. 18 107.28 Mar. 18 8 107.24 31 108.12 D 106.20 Sale 167731 Sale 107.6 Sale 106.17 Apr. 108 Apr. 2 105.27 Jan. 31 108 Apr. 2 D 106.13 106.20 107.25 Sale l07d) Sale 106.14 Apr. 108, 1 Apr. 2 105.25 Jan. 30 108.1 107.29 Apr. 4 107.29 Apr. 4 5 108.10 4 107.29 Feb. 21 109.13 Apr. Apr. Apr. 5 11 107.17 Feb. 24 108.31 Mar. 16 105.1 Registered 1945 J "20 D 108.23 108.28 109T1 Sale 109.2 109.4 109.2 Apr. 107, 29 Apr. 109 13 Apr. S 107.18 107.24 108.30 109.2 10848 108*23 108.8 Apr. 20 108 20 Apr. Registered 38*666 Treasury 2%s Registered.... 1948 M D 105.13 Sale 106 729 Sale 106.11 106.16 105.19 Apr. 19 107 2 S 105.17 Sale 107 20 107, 3 1951-1953 J D 102.31 Sale 104.19 Sale 106.13 106.17 105.20 Apr. 104.13 Sale 103.15 Apr. 1947 J D 104.18 104.23 105.24 105.27 105.17 115.20 104.27 Apr. D 103 104.17 104.21 104.10 Sale 1940-1953 J Registered 2 _ Treasury 2^8 285*666 Treasury 8 3 1958-1963 / 41,000 Treasury 2 Ms 277*666 Mar. Apr. 1960-1965 J Registered 1,000 6 Sale Registered 54*3*666 4 Mar. 23 110.17 3s Registered... 2*1*7*666 Mar. 29 Apr. Apr. 4 Jan. 107.2 Apr. 4 105.17 Jan. 105.23 Jan. 5 Apr. 19 104. 23 Apr. 3 105.5 Jan. 107.3 Apr. 3 3 102.20 Jan. 104.23 Apr. 3 3 104.10 105.30 2 102.23 Feb. Jan. Apr. Apr. 2 ... 2 3^8 1950-1952 M 228,000 Treasury 2 34a 54,000 Treasury 2s 42,000 Treasury 2s...... 1,000 Registered 1948-1950 J 103.6 Sale ..... 19 105, 30 Apr. 19 104, 24 Apr. 103.18 Apr. 104 Apr. 10 104 16 104.24 3 Apr. 10 103.4 Mar. 19 108. 24 Apr. 6 108.9 Feb. 21 108.24 Apr. 0 20 108, 21 Apr. 25 105, 5 Apr. 8 107.26 Apr. 8 104.20 20 108.21 Apr. 25 105.15 Apr. 3 Jan. 9 104.20 Feb. Jan. 24 107.18 1 104.8 Mar. 15 Federal Farm Mortgage Corp— 4,000 108.11 108.16 108.19 108.24 108.10 108.15 108.11 Apr. 108.10 107.26 Apr. 3%S 1944-1964 M 39,000 3s 1944-1949 M N 108.8 Sale 108.16 108.20 108.4 13,000 38 1942-1947 / J 105.7 105.12 105.4 105.8 104.28 Sale 2 54s 1942-1947 M S Home Owners Mortgage Corp— 58,000 3s Series A 1944-1952 M N 105.2 105.8 105 105.4 104.16 104.22 108.10 107.28 Sale 8 107.24 108 108.6 *20*,000 2 54 8 Series O 1942-1944 J / 104.17 104.22 104.17 Sale 56,000 l%s series M 1945-1947 / D 101.15 101.24 102.7 104.20 Apr. cl07.21Apr. • 27 108.12 Apr. 4 104.13 104.17 C104.8 102.10 102.4 102.8 Apr. 101.20 Apr. 30 108.12 Feb. 23 107.17 Apr. 9 104.25 101.10 104.20 Apr. 19 102.12 Apr. Jan. 107.17 104.8 Registered NEW 5 105.2 Jan. 15 102.12 Apr. 4 Feb. 23 Mar. 7 Apr. 5 YORK CITY Transit Unification Issue— 1,138,000 850,000 3% corp stock (plan B) w I..1980 J 3% corp stock (plan I) w I..1980 J D 96 Sale D 95% Sale 95% Apr. 18 94% Apr. 27 96% Apr. 95% Apr. 26% Apr. 27 Apr. 40 Apr. 11% Apr. 11% Apr. 11% Apr. 11% Apr. 10 Apr. 9% Apr. 9% Apr. 64% Apr. 23 27 16 27 10 63 18 18 95% Apr. 18 94% Apr. 27 96% Apr. 95% Apr. 4 Apr. Apr. 16 8 Apr. 14 4 Apr. 14 4 Apr. 11% Apr. 24 13 Apr. 10 11 Apr. 16 9% Apr. 27 11 Apr. 10 77 4 Apr. 26% Apr. 23 26% Jan. 23 40 Apr. 10 11% Apr. 18 1% Apr 24 11% Apr. 24 11% Apr. 23 10 Apr. 25 9 H Apr. 27 9% Apr. 27 64% Apr. 16 28% Feb. 16 96% Apr. 30 92% Apr. 1 1 86% Apr. 1 86% Apr. 94 2 96% Mar. 8 2 95 Mar. 87% Mar. 7 3 87% Mar. 7 18 18 FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bk (Colombia)— 3,000 1,000 iGtd sink fund 6s .1947 iGtd sink fund 6s 1948 10.000 Akershus (KIngd of Norway) 4s_1968 5.000 AAntloquIa (Dep tof) Col 7» A..1945 15.000 2,000 5,000 .... ^External F A 27% A O J J see page 30. 66 13 25% 25% 26% 37% 11% 12% 11% Sale 11% 12% 11% 12% 9% 11 9% 11 9% 9% 71 Sale O O 13 O 1958 J D 13% 66% 15) 16) Sale 69 94% Sale 96 Sale 96% Sale 88 Sale 92 Sale 91 80% 79% Sale 86% Sale 86% Sale 1945 1945 For footnotes 28 1957 A f 7s series O f 7s series D i7> 1st series 10,000 1,000 a7s 2d series 14,000 a7« 3d series.. 105,000 Antwerp (OIty( extl loan 5s Argentine Nation (Govt of)— 631,000 S f external 4%s 267,000 SlnklDg fund external 4 %s 426.000 8 f external conv loan 4s. Feb 256.000 8 f external csnr loan 4s..Apr 28 62 1957 A 1957 A 1945 s s ^External iExternal 14 14 14 14 13 94 17 15% 13 14% 13 14% 13 14% 12 13% 12 13% 12 13% 73% Sale f 7« series B s 30 27 27 27 M 8 1948 MN 1971 M N 1972 F A 1972 O A 18 17 17 81% Sale 84% Sale 84% Sale 94% 88% 83% 83% 18 24 24 23 25 27 27 16 Apr. 10 Apr. Apr. Apr. 9 11 11 Jan, 87% Jan, 79% Jan. 80% Jan. 29 Feb. 66 Mar. 13 15 15% Feb. 15 16 Feb. 15 Feb. 14 Feb. 14 Feb. 1 Feb. 15 Feb. 15 Apr. 4 6 7 Sales in Value n. y. stock Is exchange 15 1955 Australia 5s of 1925-_-July External loan 5s of 1927 1957 External g 4 %s of 1928 1956 AAustrian Govt s f 7s_---------1957 iBavaria (FreeState) ext 6%;S--1945 Belgium 25-yr external 6 %s 1949 External s f 6s 1955 External s f 7s.-------1955 iBenin (Germany) s f 6%s 1950 ^External sinking fund 6s 1958 ABrazil (U S of) external 8s 1941 AExtl s f g 6 %s of 1926 1957 AExtl sf 6%sof 1927 1957 ACent Ry 30-year g 7s.-1952 Brisbane (City) s f 5s 1957 Sinking fund gold 5s 1958 ' 1950 1962 20-year s f 6s ABudapest (City of) 6s_-_- (Province of)— a6s stamped - - - Readjustment 4 %-4%s Refunding s f 4%-4%s Extl readjust 4%s--4%s J J April 1 Ask 87 Sale M 5 83% MN 75 7 Bid J J P A J J Sale 63 Sale Sale 60% Sale 10% 8 100% Sale" 91 7% 13 11% Sale 100 94% Sale 102% 103% 11 99 Sale 107% Sale 89 101% 11% "13% 21% Sale Sale 17 Sale 17 Sale Sale Sale Sale "18% Sale Sale Sale 13 Sale 17 Sale M S 75 65 69 F A 65 70 59 J D 75 87 90 Sale 14% 14% 14% 60% Sale J D 7 80% 7% 82% 9% 78% 59. 85 60% 59 63 9% Sale 13 22 Sale 13% 17% 13% 14% 9 12 13 22 Ask 64 "82% "73% 79 8 April 30 Aik Bid 79 Sale M S RANGE SINCE JAN. PRICES IN APRIL Jan. 2, 1940 Bid FOREIGN GOVT (Continued)-— $ exchange-bonds Price BONDS April 292,000 245,000 245,000 47,000 5,000 459,000 368,000 358,000 6,000 14,000 165,000 343,000 349,000 109,000 42,000 34,000 36,000 9,000 stock n. y 20 Sale Sale Sale 69% "6% Sale Lowest Highest Lowest Sale Prices 63 Apr. 30 Sale Prices 81 62% Apr. 30 80% 60 Apr. 30 75% 8% 7% Apr. 23 14 Apr. 2 14 83% Apr. 16 102 83 Apr. 15 100% 89 Apr. 15 107% 13% Apr. 26 14 12% Apr. 5 12% 18% Apr. 19 22% 14% Apr. 19 17% 14% Apr. 19 17% 14% Apr. 30 17% 57 Apr. 23 69% 59 Apr. 30 70% 73 Apr. 22 85% 8 6% Apr. 30 1 Highest Sale Prices Feb. 30 63 Sale Prices Apr. 5 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 23 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 23 30 73 Apr. 22 6% Apr. 30 79 Mar. 8 Mar. 8 Mar. 8 Jan. 25 Jan. 30 78 Jan. Apr. Apr. Apr. Apr. Apr. 57% Jan. 57% Jan. 56% Jan. 56% Jan. 40 Jan. 65% Feb. 17 63% Mar. 13 11% Apr. 19 11 Apr. 25 14 Jan. 10 15 Apr. 11 91 Jan. 15 62% Apr. 30 90% Jan. 60 Apr. 30 84 Jan. 6% Feb. 13 10 Mar. 12% Jan. 30 14 Apr. 83% Apr. 16 102% Mar. 83 Apr. 15 100% Apr. 89 Apr. 15 108 Mar. 24 13 20 Jan. 11% Feb. 17% Jan. 13% Jan. 13% Jan. 13 Jan. 57 Apr. 59 Apr. 19 15 16 15 15 2 14 Jan. 12% 23% 18% 18% 18% 24 18 2 19 5 19 Apr. 23 24 87% Feb. 13 10% Mar. 18 Buenos Aires 225,000 50,000 33, 00 40,000 16,000 8,000 38,000 Extl s f 14",666 4,000 2,000 7,000 "4~,666 45,000 15,000 235,000 14,000 62,000 5,000 88,000 14,000 73,000 1,000 31,000 28,000 32,000 2,000 25,000 5,000 5,000 4,000 28,000 1,000 21,000 6,000 18,000 4,000 2,000 -JRZZ 1976 1976 M S 63 M S 57% ■Sale" 58 56% 56% 58% 56% Sale 40 38% F A A O 1975 J J 1967 1968 Bulgaria (Kingdom of)— a Secured s f 7s --AStabilization loan 7 %s MA7 1984 4%-4%jf § bonds f $ bonds 3 %s external s 456,000 Canada (Dominion) gold 4s 413,000 30-year gold 5s — 149,000 288,000 94,000 249,000 110,000 "ixSi J J MA" Sale 106)4 96 % 93 % 96 % 88)4 88% Sale -1-8- f1 —-—1968 MiV 1954 J J Agric Bank (Ger) 7s 1950 M S 6s_-_--—----I960 J J 1960 AFarm loan s f 6s 1960 A O a6s Apr 1937 coupon on 1960 AChile Republic ext s f g 7s 1942 M N a7sassented._ 1942 MA AExternal sinking fund g 6s—-1960 A O a6sassented -—----I960 A O AExternal s f gold 6s—1961 F A agsassented..--Feb 1961 F A ARy ref extl s f g 6s Jan 1961 J J a6s assented ----Jan 1961 J J AExtl s f 6s int ctfs Sept 1961 M S a6s assented --Sept 1961 M S AExt sinking fund 6s 1962 M S a6sassented __-----1962 M S AExternal sinking fund 6s 1963 M N AFarm Loan s f a6s Jan 1937 coupon on ---- — r-----1963 MN a6sassented.. AChile Mtge Bank of gusf 6)48-1957.7 J J J J J A A a6%s assented 1957 s f gold 6%s-_ —1961 a6%s assented— 1961 AGuaranteed s f gold 6s 1961 a6s assented --—---1961 AGuaranteed sink fund 6s_---1962 »5s assented —1962 AGuar AChinese Hukuang Ry 5s Sale Sale 89 Sale 15% 15" 25 16 5% 11% 11 11% Apr. 13 11 Apr. 25 Sale 94 98% Apr. Apr. 17 Apr. 17 104% Apr. Apr. 19 94% Apr. Apr. 19 89% Apr. Apr. Apr. 30 95 Apr. Apr. 22 86 Apr. Apr. 20 85 12% 13% 96% 103% 94% 86% 93% 83% 83% 5% 14% Sale Sale 94% 101% Sale 92% Sale 86% 94% 92% Sale 82% 84% 82% 15% 5% 14% Apr. 13% Apr. 15 Apr. 13% Apr. 16 20 16% 13% "l4" 15 Sale 14 13% Sale 15 13 Sale 13% Sale "l4~ 15 13 Sale 16% Sale 13 13% 16% 14% 12 Sale it* J7,y* Sale 17 14% 9% 15 7 11 13 14% 15% 14% 15% 14% 15% 26 "14"" 13% 13% Sale 14 13% 13% 15% 12% 12% 13% 17% 13 12% 13% 12% "I§ 13% 14% 13 12% 17% Sale 13 12% 6% 10% 12% D MN Sale 42% 70 70% 75 ----- «. — — • 6>f «. - -- ""§"% 9 15 14 "14% 13 4 30 34% 43% 36% Sale 69% 84% Sale 20% Sale 101 16% Apr. 20 15% Apr. 29 15 Apr. 20 16% Apr. 4 15 14 13 13% 12% 14% 15 14 13 13% 14% 15 12% 13% 12% 14% 13% 17% 11% 6% 13% 15 Sale IM 12 25% 25% 25% 17% 17% 69% 5 2 93% Jan. 96% Jan. 6 89 3 9 10 25 7 Jan. * 16% Mar. 29 Jan. nt 12% Apr. 14 2 Jan. 88% Jan. 78% Mar. 6 Mar. 15% Jan. 14 9 3 10 Mar. 18 17 Jan. Apr-. 20 16% Apr. 4 Jan. Sale 29% 27 30 14 12% 17% 11% 6% 12% 19 16 Apr. 19 19 15% Apr. 15 Apr. 39% Apr. 3 4 80 12 85 9 22 4 14% Mar. 9 Jan. 8 Mar. 9 Jan. 6 Apr. 29 7 16 9 12% 11% 13% 11% 12% 11% Feb. Feb. Feb. Feb. Feb. Feb. 2 13 Jan. Jan. 5 9 13% Apr. 25 9 16 Jan. 5 7 14 Jan. 23 22 16 Jan. 4 13 % Jan. 25 1 11% Feb. 8 Jan. 11 3 5 17% Apr. 13 Mar. 8 6% Apr. 17 Jan. 20 10 14 27% Jan. 28% Jan. 16 34% Mar. 15 34 Feb. 21 26 Jan. 16 26 Jan. 15 26% Feb. 27% Feb. 13 26% Jan. 27 16 Apr. 19 15% Apr. 15 4 9 Mar. 30 52% Mar. 13 Mar. 13 49 27 72 Mar. 29 Mar. 7 19% 1 21 20% Apr. Apr. 6 Sale 100 Apr. 15 102 Apr. 9 102% Apr. 18 103% Apr. 5 106% 99 Apr. 22 99% Apr. 8 Sale 60% Apr. 20 62 Apr. 5 102 3 102% Apr. 107 Apr. 5 9 81% Apr. 22 80% Apr. 81% 17 Jan. 4 21 Apr. 6 22 Apr. 22% Sale 24 20 Apr. 18% Apr. 17% Apr. 19 4 19 64% Apr. 54% Apr. 44 Apr. 75% Apr. 13 19 75 73 71 73 Sale 12 15 75 1 75 Apr. Apr. 74% Apr. 23 z77 Apr. 73 Apr. 22 75% Apr. 75 Apr. 12 75 Apr. 3 75 75 Apr. Apr. 13 9 Apr. 13% Apr. 15% 17 15° 75 75% Apr. 43 56 44 Apr. 58 50 48 75 Apr. 13 11% 19% 19% Apr. 100% Sale 96% 99% 96% Apr. 92 92 92 99% Apr. 115% Apr. 115% 121"' 117 108 109 109 Apr. --- 14 Sale 6% 7 —L— 15% Sale 10% Sale Jan. 9 85 70% 8 17 7 Feb. 14 16% Jan. 14% Apr. 9 10 16% 14% 16% 13% 12 10% Jan. 6% Feb. 12% Apr. Jan. 6 Sale Sale 13% Jan. 29 12 Feb. 1 13% Feb. 9 12% Feb. 3 13% Jan. 19 14% Mar. 5 75 74 Sale 58 80 14 % Mar. 2 Jan. Jan. 74% Apr. 23 15 17 8 9 17 Jan. 75 15 2 Feb. 12 2 14 % Mar. 73 73 73 Sale 1 19 3 60 76 11 Feb. 1 Apr. 74 75 42 Jan. 13% Jan. 12% Feb. 13% Feb. 12 2 14% Apr. 27 17 Sale 21% 74 1 4 72 39% Sale 74 26 26 24 22 3 26 24 6 25 13% Jan. 23 8 11% Feb. 13% Jan. 19 80 100 Sale 17 6 15 13% 13% 13% 13 4 15% Apr. 26 27 27 26 27 27 14% Apr. 15% Apr. 14% Apr. 15% Apr. 14% Apr. 15% Apr. 14% Apr. 34 Apr. 33% Apr. 26% Apr. 27 Apr. 13% 14% 14% 3 28% Apr. 18 29 Apr. 20 26% Apr. 17 26% Apr. 15 13% 15 "14% 2 29 29 25 19 25 9 30 1 10 17 6 15 18 102% 102% 99% 99% 61% Sale 60% 102 103% 102 80% 81 80% 13% 13% 13% 13% 63% 24% 58% 6% 1 107 Jan. 1 96% Jan. ~ 15% Apr. 14% Apr. 15 Apr. 14% Apr. 15% Apr. 14 Apr. 15% Apr. 13% Apr. 14% Apr. 13% Apr. 14% Apr. 13% Apr. 14 Apr. 13% Apr. 17% Apr. 12% Apr. 6% Apr. 14 Apr. 13% 14 29 12 100% Mar. 91% Feb. 82% Mar. 92 Mar. 79 Mar. 19 67% Mar. 14 45% Apr. 4 93% Feb. 26 101% Jan. 1 Apr. 4 Apr. Apr. 12 1 Apr. Apr. 10 2 Apr. 3 Apr. Apr. 30 Apr. 13 1 Apr. 5 Apr. 4 Apr. 4 Apr. 2 Apr. Apr. 10 4 Apr. 9 Apr. Apr. 10 Apr. 19 Apr. 16 Apr. 17 Apr. 10 15% 14 28% 48 Sale Sale Sale 27 41% 17 15% 14% 15% Sale _ A 16% Sale "14% 34 27 30 20 15% 27 26. 44% 16 14 33 Sale 30% 10 11 Feb. 66 11 14 15 16% 26 J 81% 12% Apr. 15 Apr. 15% 15 15 13% 17% J J Sale 13 Sale 13 13 Sale F 82 11 16% 15 J 84% 92% Sale Apr. Apr. 13% MN Sale 15 Sale O 92 12% Apr. 15% Apr. 13 A Sale 100% 11 Sale J Sale Sale 19 14% 13% 16% 36,000 Dominican Republic 8 f 5%s—-1942 M S 70% 74 1st ser 5%s of 1926 6,000 71 1940 A O 11,000 2d series sinking fund 5 % 8 71 1940 A O Customs Adm 5%s 2d series. -1961 M S 16,000 70% 74 3,000 71 5)4 s 1st series 1969 A O 11,000 71 72 5)4s 2d series 1969 A O 5,000 ADresden (City) extl s f 7s 10 1945 MN El Salvador (Rep) 1st s f 8s A—.1948 J ACertificates of deposit J 12,000 13 15 42 14,000 Estonia (Republic) 7s— 90 1967 J J 28,000 Finland (Rep of) external 6s 40 Sale 1945 M S 1,000 AFrankfort (City of) s f 6%s 1953 MN 11% 19% 47,000 French Republic 7 %s stamped-_ 1941 J D 101% 104 7 %sunstampea 6,000 1941 External s f 7s stamped 26,000 1949 y~f> 108 7s unstamped 3,000 1949' 105% German Gov't International— 305,000 A35-year 5%s stamped 1965 J D 8% Sale 42,000 6 8 a5)4s unstamped 1965 45%sstpd (Canadian holder) .1965 Sale 358",000 iGerman Republic 7s stamped--1949 A O 11 a7s unstamped 6,000 1949 7% German Prov & Communal Bks— a(Cons Agric L'n) 6%s ser A.1958 J D 25 2,000 12% AGreek Govt secured 7s -—-1964 MN 23% a7s part paid "2,666 16% 20% ---1964 aS f secured 6s ——1968 F~ A 2,000 18% a6s part paid 1968 16 74,000 14% 1952 AO 90 21,000 Haiti (Rep of) 6s series A 84% 1946 A O 2,000 aH am burg (State) 6s 8% AHeidelberg (City) extl s f 7%s__1950 J J 7 10% 1960 A O ii"666 Helsingfors (City) ext 6%s 30 24% Hungarian Cons Municipal Loan— ASecureds f g 7)4s J 1945 10, 00 ASecured s f g 7s J Septl946 "2",000 AHungarian Land Mtge 7%s A—1961 MN aS f 7 H? series B 6% 13,000 1961 MN 1979 F A 41,000 Hungary 7)4s ext at 4)4 to 22% ~30"" 1960 MN 91 94% 7,000 Irish Free State external 5s__. Sale 1951 J D 528,000 Italy (Kingdom) extl s f 7s 1947 M S 75 25,000 Italian Cred Consortium 7s B Sale 539,000 Italian Public Utility • f g 7s—1962 J J Sale 1954 F A 330.000 Japanese Govt extl s f 6)4s Extl sinking fund 5Ho Sale 1965 MN 189.000 42 Sale 25,000 ACosta Rica (Rep of) 7s 16% 25 1951 MN 13,000 Cuba Rep of) 5s of 1904- 1944 M S 100% 21,000 5s exc debt Ser A of 1914--—-1949 F A 100% 103 6,000 99 4)4s external loan 1949 682,000 57% Sale" 4%s external debt 1977 31,000 100% 102% 30-year s f 5)4» — ---1953 32,000 APublic Works 5%s.-June30 1945 74 75 ACzechoslovak (Rep of) extl 8s—1951 13% ASink fund 8s series B .—1952 13% 392,000 Denmark 20-yr external gold 6s-1942 67% Sale External g 5)4s 146,000 58 Sale 1955 532,000 External g 4%s 47% Sale 1962 For footnotes see page 30. 61 44 17 12 A Sale 11% 17% 63% 63% 64% 45% 41% 13% 13 64 65 15 9 17 MN F 61 Apr. 18 Apr. 30 2 Apr. Sale Sale 13% 1960 M S 1960 M S 1951 J D O 59 62 15 "26"" A Sale 42 14 14% 199,000 a6s of 1928 Oct 1961 159,000 a6s of 1927 ------Jan 1961 1,000 AColombia Mtge Bank 6%s 1947 2,000 ASinking fund 7s of 1926 1946 ASinking fund 7s of 1927 1947 207",000 Copenhagen external 5s 1952 145,000 Gold 4%s —1953 §ACordoba (City) 7s stamped--.1957 42",000 Cordoba (Prov) Argentina 7s— -1942 58% Apr. 18 58% Apr. 29 60 15 9 12 ACologne (Germany) s f 6%s—1950 M S Colombia (Republic of)— 80 59 Sale 11% 32 12% AfN — Loan^7s a7s assented D D D D 96% O A O A ■ AChilean Munic 14% 20 1960 A O 101% 30-year 3s ACarlsbad (City) s f Bs--ACent 11% 11% 60% Sale 74 58% 58% 10% Apr. 5% Apr. 1 16 22 26 23 9 3 24 15 9 4 3 100 Apr. 102% Feb. 99 Jan. 56 Jan. Jan. Jan. 101 15 102% Mar. 13 1 103 % Apr. 5 12 101% Jan. 26 13 62 Apr. 5 12 __,104 231 81% 7 13% Feb. 13% 13% Feb. 26 W420 Apr. 19 73 18% Apr. 19 63% 17% Apr. 1 9 55% 74 71% Jan. 31 Jan. 17 Apr. 22 Feb. 26 Feb. 26 Mar. 13 Mar. 13 Mar. 13 75% Apr. 13 75 Apr. 1 77 Apr. 2 75% Mar. 18 1 71 2 70 Feb. Jan. 18 6 12 70% Jan. 70% Jan. 13 13 75 Mar. 15 3 71% Feb. Mar. 23 11% Jan. 21 3 75 18 13% Jan. 15 43 Apr. 16 16 40 80 15% Apr. 22 51 Apr. 11 4 75% Apr. 13 Apr. 26 101 4 Apr. 92% Apr. 16 118 Apr. 19 109 Apr. 24 14 Apr. 30 7% Apr. 12 Jan. 7 2 13% Jan. 23 Feb. 23 53% Feb. 14 Mar. 13 12% Jan. 18 13% Mar. 27 Jan. 18 96% Apr. 23 105 9 92 Apr. 92% Apr. 16 110 Jan. 18 118 Apr. 19 3 109 106 Jan. Apr. 24 8% Jan. 23 5% Feb. 8 15% Mar. 19 8—Mar. 11 10% Jan. 2 6% Apr. 29 18% Mar."l9 11% Mar. 19 9 15% 6% 14% 21% 15% Apr. 10% Apr. 15% Apr. 3f 24 14% 21% 11% Apr. 15 6% Apr. 29 15 14% 24 Sale 8 15 16 13 82% 88 82% 10 10% 56 10% 12% 7% 7 75 Sale 21% Sale 70 28% 87 Sale 50% 54% 46% 65 Sale Sale 87 Sale 64% Sale 63 Sale 89 3 13% Jan. 9 16 Jan. 17 21 Mar. 12 15% Apr. 17% Apr. 15 21% Apr. 24 16 4 Apr. 79 Apr. 20 Feb. 20 90 Jan. 18 10 Jan. 11 11 Feb. 15 22% Jan, 19 75 Apr. 2 7 Jan. 7 Jan. 18 17 7 Jan. 17 6% Apr. 25% Jan. 80 Apr. 48% Apr. 54% Apr. 36% Apr. 77% Jan. 57 Apr. 29 82 Apr. 8 Apr. 18 82% Apr. 11 10 Apr. 18 57 Apr. 11 75 Apr. 7% Apr. 25 7% Apr. 23 8 9 9 9 65% Sale 70% 80 48% Sale 15 10 88 8% 7% 31% Apr. 17% Apr. 15 21% Apr. 24 12 Apr. 20 12 20% Mar. 16 21 % Apr. 24 16% Feb. 24 15 15 8 87 Sale 9 20 7% 7% 18 Apr. 23 6% Apr. 29 27 Apr. 22 80 Apr. 26 48% Apr. 18 54% Apr. 22 36% Apr. 17 77% Apr. 18 57 Apr. 18 9 32% 87 65% 72 50% 91 65% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 18 18 9 1 1 8 4 12 8 16 10% Mar. 18 9% Mar. 15 9 Apr. 18 9 Apr. 18 32% Apr. 9 26 92 Jan. 9 18 72 Jan. 3 22 78% Mar. 17 25 18 9 Jan. 3 Apr. 65% Apr 12 8 liH Sales in io BONDS April a Lower 28,666 D D 1954 J (Prov) 7%s (Colombia) 6%s 23,000 Mendoza (Prov) 4s readj Mexican Irrigation— 3,000 *4%s stamped assented AAssenting 5s of 1899 AAssenting 4s of 1904 AAssenting 4s of 1910 D 1943 mn £-1945 q j 1945 q j -1954 j D 1945 j j 1933 J j 302,666 6%s_1952 A o Minas Geraes (State of, Brazil)—ASec extl s f 6%s 9,000 1958 M s ASec extl s f 6 %s 20,000 1959 m 5 35,000 AMontevideo (City) 7s 1952 J d 14,000 47,000 * ATreas 6s of *13 assent Milan City (Italy) ext loan 2.Q00 226,000 a6s series a New South Wales ext s f g 1959 mn 5s—1957 F A 1958 A o External s f g 5s 99,000 210,000 Norway 20-year ext s f 6s -1943 192,000 20-year external s f 6s 1944 External sinking fund 4%s—1956 466.000 350,000 304,000 2,000 185",000 External sinking fund Ask 14 20 10m 70 m 15 m 75 m % 4%s—1965 extl loan 1963 1970 Municipal Bank ext s f 5s ANuremberg (City) external 6s. -1952 Oriental Development 6s --1953 4s sinking fund 28,000 APernambuco (State of) 7s 1947 16,000 APeru (Rep) Sec s f g 7s 1959 ANational loan ext s f 6s 1960 350,000 ANational loan ext s f 6s 1961 203,000 APoland (Rep of) g 6s » —1940 at ms assented "4,666 —1958 AStabilization loan 7s__— —1947 1,000 4,000 6,000 7,000 a4 ms p a f a M s a o F a j D p a M s s M s m s j D A O a o a o a o .----.1968 A O 1950 assented— AExternal J j f 8s 1963 j a4m« assented 4,000 APorto Alegre (City of) AExternal loan 7 Ms 8,000 J 1961 j D 1966 J j 8s- (Greater City) 7%s 1952 mn APrussia (Free State) ext a f 6 Ms 1951 m s ASinking fund gold 6s 1952 a o Queensland (State of) ext s f 7s_-1941 a o 25-year extl s f 6s Feb 15 1947 F a ARhine-Main-Danube deb 7s ser a 50ms aRIo de Janeiro (City of) 8s 1946 a o AExternal sec 6%s 1953 F a Rio Grande do Sul (State of)— a8s extl loan of 1921— 1946 a O a6s extl sinking fund gold 1968 j d a7s extl loan of 1926 1966 m jv a7s Municipal loan 1967 J d Rome (City) external s f 6Ms_-1952 a o a Prague "7",000 9,000 266,000 96,000 2,000 48,000 198,000 46,000 27,000 18,000 12,000 223,000 F 22,000 ARoumania (Kingdom of) 7s_—1959 AFebruary 1937 coupon paid—--8.000 1 Sale % 1m "~H "i% 19,000 54,000 45,000 148,000 "y.666 160,000 146,000 11% 11% 40 70 38m 80 m 79 m 68 M m Sale Sale i3/, 2*/, Sale 14 1m 9M 12% 12 M 9 Sale 70 72 69 64 Sale 63 91 Sale 95 M 90 % Sale 95% Sale 75 Sale 77 82 74 Sale 31X Sale 71% Sale 33 M Sale 1 iH 17m 58 m 52% 6% 9m 9% 9m 7m 6% 12% Sale 10 Sale Sale —- 9m ----- 65l..ll_ 6% ~"8 6 7 8 11m 7% 10H 12M 8% 7M ilm 12 Sale 91 Sale Sale 34 M 9M 10 M 10 M 10 M Sale 58 H 56 M 8% 914 9M 9M 8H 6M 14 Sale Sale Sale Sale 814 8% 14M 10M Sale 12 M 10 % 10 m 10 Sale Sale 58 1936 1950 1956 A6s extl dollar loan 1968 ASec s f g 7s 1940 ASaxon State Mtge Inst 7s—--1945 ASinking fund gold 6%s-Dec 1946 Serbs Croats & Slovenes (Kingdom)— a8s secured external —1962 mn a7s series b sec external 1962 mn ASilesia (Prov) extl sink fund 7s. 1958 J d 13 8 M 1921 a7s extl water loan 7M 7 M 24 14 . 9 9M 814 12M 17 10M Apr. 12 9M Apr. 25 1 70 Apr. 5 70 Apr. 63 Apr. 29 67M Apr. 26 41 Apr. 22 39 Apr. 22 30M Apr. 22 29 »Apr. 22 2914 Apr. 22 50 Apr. 11 12 X Apr. 3 8 Jan. 8M Apr. 26 914 Apr. 23 9M Apr. 23 9M Apr. 18 10 Apr. 10M Apr. 10X Apr. 10X Apr. 1114 13 M 13 m Sale Sale 9 Sale Sale Sale Sale 14 12M 25 14M Sale 11M 10 M 5M X 14 M 65 56 X 37 X 60 Sale 62 M 62 60 Sale Sale Sale 44% 52 Sale 53 X 43 M 42 50 Sale 49 Sale 53 A 6M 7 814 5M 65 51 Sale Sale 59 X 3914 Sale 65 70 Sale 55 50 M Sale A 6 59 J Sale Sale — 5.M 35 X 8 Jan.- 8% Jan. 7% Jan. 11% Jan. 16 4 1 4 9 Jan. Mar. Mar. Mar. Mar. Jan. 18 18 18 15 3 12% 12% 71% 71% 90% Mar. 9 Mar. 8 Apr. 3 Mar. 20 9 Feb. Jan. 89 30 6 6 97% Apr. 97% Apr. Mar. 13 90 80% Mar. 13 80 Mar. 13 80 Jan. 13 13% Mar. 29 Mar. 18 Mar. 19 Mar. 26 24 Jan. Apr. 5 74% Jan. 23 82 10% Mar. 11 11 Mar. 13 Mar. 15 Mar. 15 Feb. 26 Mar. 28 Feb. 17 Apr. 8 Jan. 11 7 Mar. 19 10% 10% 8% 10% 16% 9% 7% nx Feb. 14 Mar. 29 13 Mar. 19 98 Jan. 27 21 xo, Apr. Jan. 22 Jan. 12 11% Mar. 10% Mar. 7% Jan. 7 1 Jan. 39 Jan. Jan. Jan. Jan. Apr. 16 19 16 16 18 8 Jan. 2 8% 7% 7% 7% 3 3 3 3 8 7% Feb. 27 9 8 1 11% Feb. 20 12 Mar. 9 12 Mar. 9 61 Mar. 15 12% Apr. 8 9% Apr. 10 13 Apr. 10 19 75% Apr. 12 80 Mar. 25 Apr. 1014 Apr. 7% Jan. 3 12 Apr. Jan. 17 10% Apr. Apr. 13% Jan. 12 23 Mar. 14 17 13% 12% 11% 37% Mar. Apr. Mar. Apr. 18 Jan. 18 Mar. 20 7 8 13M Apr. 12 X Apr. 19 14M Apr. 13M Apr. 5M 5M Sale Apr. 10 Apr. 37M Apr. Jan. 16 2 Jan. Jan. 16 Mar. 27 15 11 Apr. Jan. 7% 7% 21% 16% Apr. 19 Apr. 20 10 514, Apr. 16 Apr. 30 Apr. 17 4 40 Apr. 55M Apr. 22 65 Apr. 15 60 Apr. 60 Apr. 65 55 52 Apr. 1 2 50M Apr. 49M Apr. 29 53 1 5M Apr. 19 5 Apr. 2 Apr. 41 Apr. 11 5 62X Apr. 65 Apr. 15 4 63 Apr. 62M Apr. 27 75 Jan. 15 60 Sale Sale 15% 14% 5% 5% 15% Mar. 23 87 Jan. 63 Mar. 20 41 Apr. Mar. 19 Mar. 7 Apr. 16 Jan. 9 24 11 5 15 Jan. Jan. 31 18 i* 52 Jan. 10 63 Mar. 20 60 Apr. 1 63 Mar. 20 15 44% Jan. 9 55% Apr. 15 43% Jan. 43% Jan. 3 53 16 46 16 Apr. 6 16 Apr. 11 8% Apr. 15 3 Jan. 11 8M Apr. 6 8 1 9 2 53 Apr. Apr. 15 5 5M Apr. 56M Apr. 22 5% Apr. 64% Apr. 4 57% Apr. 30 13 104% Apr. 16 104% Apr. 22 108% Apr. 13 104 Jan. 27 101 Mar. 40 16 2 1 53 51% Apr. 56% Apr. 52 13 9 15% Jan. 65 Apr. 30 55 Apr. 17 Jan. 25 37 63 55% Apr. Jan. 5 16 Apr. 11 Jan. 25 8% Apr. 15 Feb. 8 40 43 , ' "43" 5614 64 H 20 Mar. 12 5M Mar. 1 40 39 % 50 ----- - Feb. 5 62 44 M 22 Jan. 13 Jan. 3 Jan. 8 Jan. 9 Feb. 26 Jan. 17 15 Jan. 18 7% Jan. 9 4M 62 m 60 ma' Apr. 6M 9% 9% 9% 8% 6M 73 Apr. Apr. 19 Apr. 20 Sale d 29 10 10 53 22 29% Apr. 22 50 Apr. 11 21 Apr. 9X Apr. 25 9M Apr. 30 9M Apr. 25 39 Apr. 18 9 Apr. 16 8M Apr. 23 15 50 Apr. 30M Apr. 22 1% Apr. 1% 1% 1% 1% 53% 12 Jan. 12 13% Mar. 29 3 13% Mar. 29 11% Jan. Feb. 7 98% Apr. 22 103 Apr. 10Vs Apr. 11 % Apr. 11 Apr. 60 Apr. 12 M Apr. 9M Apr. 13 Apr. 14 "41" F 39 13 M Apr. 1214 Apr. 15 13 M Apr. 12M Apr. 13 98M Apr. 22 101M Apr. 73 Apr. Apr. 22 86 5 21 21 Apr. Apr. 11M Apr. 9M Apr. 30 1014 Apr. 8M Apr. 10 15 16 9M 33 M 14M 59 j 67M Apr. 26 Apr. 22 8 21 9 X 48 Apr. 29 41 1 1 2 1 10 X Apr. Apr. 12 10M Apr. 27 9X Apr. 30 9M Apr. 16 33 Apr. 19 —- 10 Vs 45 M 8 19 63 19 20 . Sale Sale 11 Sale 37 M Sale 47 Jan. 66% Mar. 20 10M Apr. 19 M 11 Sale Sale Sale 23 12 X 11M "73 Jan. 40 73 12 10 5 20 15 9 14% Feb. 82% Apr. 55M Jan. 26 65 51% Apr. 17 58 40 Apr. 10 75 103M Feb. .7 105% 19 10% Apr. 10 Apr. 2 44 12 36 Sale 13 8% Jan. Apr. 17 9M Apr. 8 7 M"Apr.—6 7 Apr. 26 80 Sale 40 M 48 Feb. 16 12 62 52 4 13 8 "7M"Ap~r"."l6 17 17 ~H4Apr. 6 6 Apr. 13 Apr. 7M Apr. 10M Apr. 19 9 Apr. 29 88 Sale 9 12 75M Apr. Sale ----- Jan. 14 Jan. 14 Feb. 3 1114 Apr. 3 71M Apr. 5 70 Apr. 5 80M Apr. 5 83M Apr. 6 97M Apr. 6 97M Apr. 5 81 X Apr. 5 76 Apr. 5 74X Apr. 50 Apr. 11 12 X Sale (s bonds of 1937) F " Apr. Sale 55 % 39 External conversion--1979 mn 3%-4%-4b.% extl conv 1978 j D 4-4 m-4 Ms external readj 1978 F A j 3 Ms external readjustment---1984 J Venetian Prov Mtge Bank 7s_-_1952 a o --1952 1958 a4 ms assented 1958 "2",000 90,000 Yokohama (City) extl s f 6s—--1961 35 10 X 9 83 M 43% (City of) 6s a Warsaw (City) external 7s 1 77 M 5M 5M 15M 71M mn Vienna 8 47M Apr. Apr. 1114 Sale 10 M Sale 13 M 12 % mn 3 %-4-4 m % Jan. 17 35 22 12 % 56 M 52% 49 % 49% f a 15 Sale 16 5 1714 Jan. 30 14 Apr. 4 22 11m 5 mn 13 12 44 X 15M Sale 15 12 1,000 AUruguay (Rep) external s f 8s__1946 AExternal sinking fund 6s 1960 13,000 AExternal sinking fund 6s 1964 3,000 3%-4-4m % ($ bonds of 1937) External readjustment 1979 400,000 9M 8% 11M 9M 9M 11 11 1958 Sydney (City) s f g 5 Ms 1955 .1971 1971 29.000 Taiwan Elec Pow 5Ms 1952 M S 43,000 Tokyo City loan of 1912 5s External s f 5Ms guar____—1961 a o 156,000 1 12 20 Sale 8% Sale 14 6s—1947 a4%8 assented 4 114 Apr. 114 Apr. 1M Apr. 80 Sale 18 1M Apr. 16 78 H . 14 8M . 99 M Sale 11 — Sale 7M 14 Apr. 18 14 Apr. 30 1M Apr. ' 14 Apr. 14 Apr. 12M Sale Sale 11 22 72 "7" "Apr". "27 ---- 10% 13 10% 12M 13 M Sale 13 M Sale 100 M Sale 85 M Sale 19 21 11 Sale 10 Sale 9% Sale 11 9H Sale 9H 8M •7M~-"rr.6 614 _.8% 7M 6M Sale 9% 8% 10 9% Apr. 29 Jan. 8 1214 Apr. 5614 Apr. 20 63 X Apr. Sale Apr. 56 M Sale 51M Apr. 17 57 20 30 40 76 Apr. 72 Apr. 10 74 6 105M Apr. 104 M 105M 105 M 105 H 105M Apr. 73 75 79 M Apr. 73Vs Apr. 22 82 76 67 68 m Apr. 66H Apr. 20 74 71M Sale 63 7% 7Vs 7 J4 8 18 4 17M 59 M 9 60 35 17M ----- 14% 11 99 M 90 Sale 33 82 80 m jv a,8s external-. Sale 61 (State of)— *a8s extlloan of 12m 10m 44 1957 f Sale 38 Sale Sale a6%s extl secured s Sale 1m 1H 2 ^ 97 "10" 11% Apr. 20 12% Mar. 14 82 M Apr. 1m 1M Sale 8 a 80 M 79 m1v 24,660 "i",66o 83 81 Sale 9H Apr. 29 78 % Apr. 19 13M Apr. Sale Sale Sale 1952 ASilesian Landowners Assn 10,000 33,000 106,000 1,000 9 % Sale irA Sale 18 12X Apr. 14 Apr. Sale Prices Sale Prices Sale Prices Sale Prices 11ii Apr. 20 15 M 13 (City of)— a8s extl secured s f "6", 000 % 1M 1m 1m Sale 7% J I 8m m m s San Paulo 31,000 a 14 1 Highest Lowest Highest Lowest 1 47 J 11,000 53,000 — --- 1% Sale 1964 (City) s f 6s Santa Fe extl s r 4s Sao Paulo 81 52% 1953 ASaarbruecken 133,000 11% 10% 12% 12 m 12 19 % 1% External deb 5ms ---1958 m N 72,000 80 71 13,000 Oslo (City) 4ms extl sink fund.-1955 a o 106 % 32,000 APanama (Rep) external 5%s--1953 J d 103 m 70 AExtl s i 5s ser a May 15 1963 mn 21,000 Sale AStamped (assented) -1963 mn 72 272,000 - 15 J Ask Ask Bid Bid ,,,t iMexfco (u s) extern 5s 1899 42,000 o a April 30 April 1 a a F 1950 j 1954 j Austria iMedellln 2, 1940 Bid foreign govt (Concluded) AJugoslavia (State Mtge bk) 7s-1957 3,000 a Leipzig (City) external s f g 7s__1947 1?,000 Jan. RANGE SINCE JAN. PRICES IN APRIL Price u N. Y. STOCK EXCHANGE Value 21 N. Y. STOCK EXCHANGE—BONDS Mat, 1940] 5 Apr. Apr. Mar. 18 51% Mar. 11 56% Apr. 16 40 Apr. 11 51 Feb. 24 8% Jan. 5 7% Jan. 3 Mar. 26 56% Apr. 22 69 48% Mar. 23 57% Apr. 30 railroad and industrial companies 259,000 ♦jAAbitibi Pow & Paper 1st 5s—1953 1948 1,000 Adams Express coll tr g 4s 5 3,000 42,000 85,000 8,000 29,000 7,000 1,000 35,000 309,000 244,000 585,000 1,000 40,000 11,000 138,000 320,000 Collateral trust 4s of 1907 d 51 m s 104 d J 1946 f 1952 1943 1943 4%s stamped Adriatic Elec Co external 7s Ala Gt Sou 1st cons 5s ser a A 108 % 67 m" 52 1948 60 Albany & Susq 1st guar 3 Ms 1946 A Allegheny Corp coll tr conv 5s. .1944 F Collateral and convertible 5s__1949 J 1950 Allegh & West 1st g guar 4s Allegh Valley gen gu 4s Allied Stores Corp deb 4 Ms 4mb debentures Allis-Chalmers Mfg conv 4s 85 102 % 108 83 I* 74 % Sale 79M 41M 59 M A -1942 Sale" "43" M s 106 104 M 104 M 104 M 76 M 68 A 1998 a5s stamped Sale j j First cons 4s series b Albany Perforated Wrap Pap 6s. 1948 A 6s with warrants assented 53 102 1947 68 109 M 108 40 54 M 85 M 79 M 72 M 46 H 64 M 106% 106 108 Sale 59 M 62 90 Sale Sale Sale A O 100 Sale f A 96 Sale 101M 101M 98 Sale Sale 109 a Alpine 13 M 31 Amer & 63% Sale Sale Montan Steel 7s 1955 m s Foreign Power deb 5s—2030 m s 591",000 161,000 American i g Chemical 5 ms—1949 mn j 108,00 Amer Internat Corp conv 5ms--1949 J American Telephone & Telegraph— 103 Sale 104 H 104 M Sale 105 M m jv 109 Sale 107"siSale 108 % 108 *4 Sale 109 M 109 M 20-year sinking fund 5 Ms 1943 599,000 3%s debentures l-1961 391,000 3 ms debentures 1966 307,000 3,000 Am Type Found s f debs 2m-5s 1950 47,000 Amer water Wks & el 6s ser a--1975 For footnotes, see page 30. a o j D j J m jv Sale 105% 106 107 % 108 M 16M 65 108 M 108 X 58 M 54 55 M 77 31 Sale 81m Sale 73 74 43 44 M 70 105 M 100 M 99 M 107 X 16 65 Sale 101 X Sale Sale 104M Apr. 108 Apr. 59% Apr. 110 Apr. 108% Apr. 55 Apr. 59 Apr. 82 Apr. 79M Apr. 72% Apr. 43 Apr. 63 Apr. 105% Apr. 100M Apr. 97% Apr. 107% Apr . 9 Sale Sale Sale 109M Sale 109 % Sale 107 M 107 Sale 8 27 80% Feb. 2 2 104% 70% Apr. 3 4 110 Apr. 11 108% Apr. 25 57 Apr. 4 109 Jan. 23 24 107] 54] Feb. Apr. Apr. Apr Apr. Apr. Apr. Apr. Apr. Apr. Apr. 17 53 Jan. 82 Apr. 68% Apr. 3 25 17 59 27 86 1 83 1 74% 11 46% 24 63 29 107% 18 101% 4 99% 30 109% 3 16 64M Apr. 29 107% Apr. 30 107% Apr. 9 110% Apr. 108M Apr. 108M Apr. 9,110% Apr. 105M Apr. 29 106% Apr. 107% Apr, 3(109 Apr. Jan. 23 110 4 3 108% Apr. 60 Jan. Feb. 25 61 23 27 27 87 22 83 Jan. 13 17 100 Jan. 30 94% 107% 17% 60% Jan. 16 99% Apr. 30 111 Jan., 20 17% 6 68% Mar, Jan. 15 105% Jan. 20 105% 1 24 8 76% Jan. 66% Jan. 102 2 Apr. Apr. 74% Apr. 41 Jan. 15l 47% Mar. 59 Jan. 171 64% Mar. 105% Apr. 29 107,/' Apr. 8 31 Sale Feb. 7 104% Apr. 15 108% Jan. 107% Jan. 59% Apr. 25, 103% Apr. 13 105 Apr. 22 104M 104 X Sale Sale 104 X 105 M 104% Apr. 8 105% Apr. 106 M 105 107M 108 H 109 105 59 82 63 M Sale 1951 110M 62 110M 109 X 110M 1950 1952 m S 50 Sale 48M Apr. 10414 Apr. 30 ow, 2,101 Jan. 23 28 18 16 8 14 26 13 10 Apr. 30 Jan. 8 20 Apr. 3 Feb. Mar. 18 Apr. 1 107% Apr. 30 109% Jan. 108 Jan. 26 110% Apr. 107% Jan. 24 110% Apr. Jan. 105% Feb. 13 107 2 103 107 Jan. 16 109 Jan. 8 8 11 5 22 N. Sales in Y. STOCK 8! April N. Y. STOCK EXCHANGE Price •sje. Jan. 2, 1940 BONDS Value Bid 391,000 Anaconda Cop Mln s f deb 4%S-1950 Anglo-Chilean Nitrate— 159,000 ^Sinking fund income deb1967 33,000 JAnn Arbor 1st g 4s July 1995 17,000 Ark & Memp Bdge & Term 1st 5s *64 437,000 Armour & Co4s s fser B (Del)..1955 151,000 1st M s f 4s ser O (Del) 1957 Atcbinson Topeka & Santa Fe— _ 807,000 2,000 56,000 A Gen g 4s. O Jan _. Q - M S F A J 1995 A O 224,000 27,000 Adjustment g 4s July 1 1995 Nov Stamped 4s July 1 1995 MN g 4s of 1909 1955 J D Conv g 4s of 1905 D —1955 Conv g 4s of 1910 D 1960 Conv deb gold 4%s D 1948 Rocky Mtn div 1st 4s A J 1965 31,000 73,000 Trans-Cont Short Line 1st 4s gl958 J J 1962 M S PRICES IN APRIL April 1 Ask 106 % 34M 37M 49% Sale 95 98 M 100 % Sale 99 M Sale 106 Sale 85 M 85 M 2,000 • Cal-Ariz 1st & ref 4 %s ser A_ Atl Knox & No 1st g 5s__ 58,000 At I & Char Air Line 1st 4 %s A_ _ _ 104 Sale 97 M 97 95% 97 Sale 95% 104%, 100 100 109M Sale 107 H Sale 109% 108% 104 99 92 95% 92 % "92% 76 94 M 69 99M M S 99 M Sale Sale 70 D 61 Sale 53 Sale 53% MN 75 Sale MiV 62 64 32 Sale Sale 71% Sale 65 M Sale 39 % Sale 33 M Sale 69 M 70 J J J J J J M S J J J J MN 1st mtge gold 4s July 1948 A Stamped modified bonds— 1st mtge g (interest at 4% to Oct 1 1946) due O A 114 70 95 97 % 100 M 99 Sale 68 Sale 69 Sale 66 Apr. 86 106 Sale Sale 84 90 •. 99% 75 64% 37% 32 75% 106% 68 87% — - Jan. Jan. 5 15 99M Jan. 30 3 6 103M Mar. 85% Apr. 85M Jan. 8 91M Jan.' 92 25 4 18 6 12 107 95 — 96 M Apr. — Sale 10 1 99 M Apr. 26 25 6 22 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 71 Apr. 88 M Apr. 5 12 8 9 9 30 27 27 22 18 69M Apr. 4 26 6 2 30 22 3 10 71M 57 H 75 X 69 H 40 M 34 H 75 H 106 M 89 96 Jan. Mar. Mar. Mar. 6 Apr. 25 105 H Apr. 4 100 % Feb. 5 110 M Feb. 21 109 Apr. 12 Jan. 92 Mar. 93 % Mar. 68 Apr. 114 Jan, 25 96 X Apr. 26 09X Apr. 25 77 Jan. 4 Apr. 62 76 Jan. Jan. 3 Mar. Jan. 70 Feb. 20 7 Apr. Apr. 4 41 Feb. 34 X Feb. 68 Mar. 105 Mar. 43 M Jan. 82 Jan. 100 Apr. 93 X Mar. 12 97 M Apr. 8 Jan. 52H 69M 64X 37% 31M 4 Jan. 87X Feb. 20 Jan. 101M 99M 108M 106 M 3 18 2 104 X Apr. 29 114 101% M 100 40 50 Jan. 98 H Jan. 9 104 X Apr. 97MApr. 124 92M Apr. 95M Apr. Sale 68 Apr. Sale 52 M Apr. Sale 70M Apr. 66% 65M Apr. 37 M Apr. Sale Sale 31M Apr. Sale 69M Apr. Sale 105M Apr. 72 56 M Apr. 90 88M Apr. 100% 65 71% 105M 106 43 47 M 80 101 104M Apr. 106M Apr. 87% 85M Apr. 87 M Apr. Sale 86 M Apr. 89 Apr. 97% 99 4 97 M Apr. 94M Apr. 96 96 Apr. 25 96 Apr. 103 M Apr. 11 105M Apr. Sale Sale 4 100M Apr. 99M Apr. 1 110 109M Apr. Apr. Sale 1 109 107h Apr. Apr. ' J J 2 9 106 1944 J J 6 Apr. Sale 99 J Feb. 43 105 M 85 94 M 95 Sale Prices 34 Sale Sale 42 87 Sale Prices 102M Apr. 30 107X Feb. 23 45 102 % 102 M 87 M 88 M Highest 41 h 39 98 M 103 M 99 1 Lowest 38 Apr. Apr. 23 39 43 Apr. Apr. 2 45 97 M Apr. 98% 9 98M Apr. Sale 102M Apr. 10 104M Apr. 102 M Apr. 1 104M Apr. 98 Sale Sale Sale 43 M RANGE SINCE JAN. Highest Lowest Ask Sale Price Sale Prices Sale Apr. 12 102M Apr. 30 104 103 Sale D Second 4s ->1948 Atl Gulf & WI SS Line coll tr 5s_ 1959 Atlantic Refining deb 3s 1953 t*AAuburn Auto conv deb 4%s_1939 Austin & N W 1st g 5s guar. 1941 Baldwin Loco Works 5s stpd 1940 221,000 38 M 41 87 92 102M Sale 100M 109M Sale 107 % 108 M Baltimore & Ohio RR— 435,000 Ask Bid Sale' 100 April 30 1946 J 86,000 1st 30-year 5s ser B 1944 198,000 Atl Coast L 1st cons 4s July 1952 201,000 General unified 4 %s series A. .1964 100,000 10-year coll trust 5s May 1 1945 88,000 L & N collat gold 4s Oct., 1952 82,000 Atlantic & Danville 1st g 4s 1948 25,000 90,000 155,000 74,000 2,000 IP 95 Bid 102 M Sale Conv 33",000 EXCHANGE—BONUS 9 75% Apr. 30 ,07* Jan. 24 Apr. 27 88 X Apr. 22 Mar. 101H Jan. 64 M Jan. 13 18 3 70X Jan.' 3 O 68 M Sale 68 M Sale 66 Apr. 18 69M Apr. 6 66 D 26 % Sale 26 M Sale 25M Apr. 20 28 Apr. 4 24 % Mar. 21 28 Apr. 4 11-5% to Dec. 1 *46) due.1995 J D _„„JSfi£<&genser D (intereat, at. 1 % •316,000 to Sept 1 1946) due 2000 MS Ref & gen ser F (interest at 1 % 411,000 to Sept 1 1946) due—___1996 M S 708,000 iConvertible due Feb 1 1960 F A 30 M Sale 30 Sale 29 M Apr. 26 31M Apr. 4 28 1 31X Apr. "4 26 M Sale 26% Sale 25M Apr. 19 27M Apr. 4 24% Mar. 21 27% Apr. 4 26 M 14 H Sale Sale 26 H 25M Apr. 20 12 M Apr. 26 24 H Mar. 19 12 M Apr. 26 28 12 M Sale Sale ^ July 1948 A (interest at 1 % Ref & gen ser to Dec 1 1946) due 1995 J Ref & gen ser C (interest at 514,000 • 335,000 Apr. Mar. 09% Mar. 12 - 96,000 306,000 24,000 44,000 23,000 94,000 1,000 109",000 51,000 Pgh L E & West Ya System— Ref g 4s extended to 1951 MiV S 'western Div 1st M (interest at J L 3 %% to Jan 1 1947) due-1950 Toledo Cin Div ref 4s A J 1959 Bangor & Aroostook RR 1st g 5s 1943 J 100M 101 Con ref mtge gold 4s J 1951 70 Sale 4s stamped J 1951 72M Battle Creek & Sturgis gu 3s D 1989 35 45 Beech Creek Exten 1st g 3 O %s_ -1951 84% Bell Telephone of Pa 1st 5s B. J 115M Sale 1948 - - _ First & ref 5s series C O 133 1943 J 102 City Electric deb 6%S-.1951 sinking fund 6%s 1959 ADebentures 6s 1955 D Belvidere Del "¥, 000 2,000 2,000 _ cons - I960 - gtd g 3 %s ABerlin ADeb A O Berlin Elec Elev & Undgrd Rys— Alst 6 Ms 1956 O 47,000 If Bethlehem Steel 4 Ms series D.1960 677,000 3 Ms s f conv debs 1952 Cons mtge 3 Ms ser F 444,000 1959 J O J Big Sandy Ry 1st mtge 4s D i 1944 r no,ooo Blaw Knox A Co3%s ___1950 1,325,000 Boston & Maine 1st 5s ser AC -1967 M S 717,000 Stamped - _ . _ _ - 558,000 294,000 372,000 217.000 1st mortgage 5s series II 1955 MiV Stamped __ 1st g 4Ms series JJ 49,000 29 22 O 4MS-1966 Certificates of deposit Brooklyn Queens Co & Suburban RR 1st con 1950 F A Stamped modified (interest at 3 % to Nov 1 1946) due 1957 MN 39,000 ♦jABurl Ced Rap & Nor 1st 5s__1934 A O 113,000 ^Certificates of deposit. 20.000 Bush Terminal Co 1st 4s 1952 __ Consolidated 5s 50,000 Bush Term Bldgs 1st 5s gu 112,000 Calif-Oregon Power 4s___ 58,000 Canada Sou con gu 5s ser A 151,000 Canadian Nat gold 4 Ms Gu iranteed gold 5s 207,000 Julv 237,000 Guaranteed g 5s Oct 146,000 Guaranteed g 5s Guar gold 4%s 8.000 6,000 3,000 81,000 179,000 64,000 63,000 55 M Sale WA 58 59 % Sale 35 50 74 Sale 116"" Sale 135 134 134 % 133% Apr. 105M 15% 15 M 14M 105»3» 106 110 Sale 108" ' Sale 103 Sale 106 Sale 109% Sale' 49% Sale 49 M Sale 86 % 113% 112% 95 M 105 M 112M 108 Sale 90 Sale Sale " " % For footnotes see page 30. Sale 113 115 Sale 115 97 M 106 M Sale Sale 106% 110M 108M Sale 38M 5M 9 42 53 M 5 67 41 111M Sale 108 M Sale 40 M 7 2M 2M 68 M 45 M 5% 68 M Sale Sale 102 Sale 100% 107 M Sale 102 M 102 M Sale 101 100M 103 Sale 101 Sale" Sale 97 85 107M 105 M 103 M Sale 57 Sale 103 % 78 X 98 M 60 57 Sale 104. 82 100 103 1946 Illinois Central N Y Powei 3%s 62 91 113 97 % 6M 69 % 113M Sale 111 Sale 61 80 M 107 M 79 M Sale 68 M 87 M 105 M Sale __ 1937 1962 26 108% 92 A 88" D 8M 30 M A Sale Sale 80 % 71% 60 42 109 95 M 55 Sale W* 33 7 Sale A O O J D 3M 3M 5% Sale A J J M S M S 4M Sale 9 6M" 100 93 76 M 100 108 109 Sale 110 46 M Sale 18M Sale 16 109 M 98 M 82 M 77 MiV '65 M S 1966 A O 1961 1987 70M Sale 99 Sale Sale 108 M Sale Sale Sale Sale Sale 50 109 99 M Sale 43 47 M Sale 87 16M 21M 26 M 29 6M' Sale 2M 2% l» 95 75 99 M 3 3% 9% 6% 97 M Sale Sale 99 44M 43 M 45% 45M 78 M 97 M 97 M 108 63 M 83 Apr. Apr. Apr. Apr. 113 M 112 M Apr. Sale 114M Apr. 97 % 96 % Apr. Sale 106 M Apr. Sale 110M Apr 109 108M Apr. 57 Sale Mpr. 4% Apr. 3M Apr. 72 68M Apr. Sale 41 Apr. 62 58 Apr. 104 % 103M Apr. 81 79 M Apr. Sale 96M Apr. Sale 99 Apr. Sale 100Vs Apr. 101% 101M Apr. 100 99 Apr. Sale 97 Apr. Sale 96M Apr. Sale 108 Sale 63 Sale Sale 103 80 102 M 80 Sale 73 M 46 44% 108 M 99 M 100 109 88 M 17 M 26 M 6 2M 2M 8 4 70 % 55 M Apr. 45 % Sale 20 "6M 0 2M Sale 8M 6M 97 M 75 17 26 5 8 20 106 M Apr. 91 Vs Apr. ililWi 10 98 M 9 107 M 1 1 10 20 111M 108M 6 M 4 69 M 2 47 2 61 19 105 2 9 108 99M 44M 86 19 26M 6M 2 M 2M 7% 95 74 Api^. 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. 3 Apr. 30 Apr. 10 40 M Apr. 26 83 100M 9 104 9 104 23 103 M 10 102 M 30 100 M 19 100 % 30 112 M Apr. Apr. 16 82M Apr. 29 Sale 74 M 44 94 37 5* 8 69 % 89 M 17 106 30 84 20 79 Apr. 30 2 Apr. 3 Apr. 8 Apr. 23 Apr. 8 Apr. 8 Apr. 11 Apr. 4 Apr. 4 Apr. 5 Apr. 4 Apr. 5 Apr. 6 Apr. 4 Apr. 6 Apr. 5 Apr. 8 Apr. 3 58 17 17 Apr. 5 16% Apr. 5 16MMar.25 83% 82 Jan. 38 Jan. 99 44 9 62 109 44% Feb. 88% Jan. 87 Jan. 112 Feb. 111% Jan. 93% Jan. 30 2 14 Apr. 29 Jan. 10 Apr. 9 Apr. 30 Feb. 23 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 92% Apr. 30 30 30 30 30 30 3 8 27 8 8 48% Apr. 55% Apr. 8 17 27 15 106% Apr. 26 13 92 Feb. 14 27 113% Jan. 3 25 115% Apr, 20 20 98% Apr. 8 105 Jan. 3 107% Apr. 3 109% Feb. 23 112% Jan. 2 1 108% Jan. 10 108% Apr. 36% Mar. 4% Apr. 3 % Apr. 66% Mar. 40 Mar. 51% Jan. 102% Jan. 79% Apr. 96 99 Mar. Apr. 100% Mar. 101 Feb. 98% Mar. 96 Mar. 95% Mar. Apr. 60% Jan. 80% Jan. 108 101 Feb. 79% .lan. 3 Apr. 6 7M Apr. 6 4 95% Apr. 5 95 Jan. 75 1 73 4 4 Feb. 10 15% Apr. 11 108% Jan. 23 112 2 106 Jan. Feb. 23 109% Apr. 27 99% 55 Jan. 15 Apr. 15 52% Jan. 16 57 Apr. 12 52%. Jan. 15 56% Apr. 18 52% Jan. 15 12% Jan. 3 79% Feb. 2 110% Jan. 30 103 41X 43% 41% 45% 40% 6 9 117% Feb. 135 Apr. 15 16 15% 105% 104% 100H 109% 7 72 X Mar. 115M Jan. 131 Yt Feb. 3 25 26 M 7 13 Feb. 45 3 2 M 89 19 H Jan. Mar. 19 2 M M 2 Apr. 8 3 2 1 8 11 13 K 2 16 Jan. 56 94% 44% 85% 8% 26% 6% 2% 2% 6% 15 44 5 108 1 100 25 45 6 15 5 11 5 Jan. Jan. 37 Jan. 1 Mar. 13 70 72 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 2 59% Apr. 101 Mar. 15 27 30 30 30 30 30 30 3 8 27 8 8 Apr. 15>* Apr. 49 15% Jan. 14X Jan. 48 M Apr. . 108 107% 108 •% 107 M 108 111% 111% Sale 111M 50 % "51H 51 48 M 50M Sale Sale 16 M 17 Sale 14M Sale 14H 107 M 107 M 107M 107 % Sale IS* Apr. 16M Apr. 16M Apr. 15M Apr. 29 15M Apr. 29 105% Apr. 11 105% Apr. 3 107 M Apr. 30 112 Apr. 9 103 1 106 Apr. Apr. 30 47 M Sale 47M 58 M 55 % 55M 102 M 107 102 90 M Sale 89M Sale . AGeneral 4s 5M 4M 47 M Sale Sale 108% 2 15 17 Apr. 27 99 M Apr. Apr. 19 55 Apr. Sale Apr. 15 52% Apr. 56 ■ Sale Apr. 18 57 Apr. 52 Sale Apr. 12 52% Apr. 54 M Sale 45 Apr. 13 56 M Apr. Sale 52 18 44 Apr. 52 % Apr. 12 1 10M 9M Apr. 12 M Apr. 79 M 79 2 79% Apr. 79 M Apr. 110 9 110M Apr. 109% Apr. 102 % Sale 102 2 103 Apr. Apr. Sale 91 1 89M Apr. 92 M Apr. 55 52 103 M 106 M -1944 Light 3 Ms tACentral New Eng 1st. guar 4s tACentral of N J gen g 5s 9M Sale 77% 79 109 M Sale 101 % 102 89 M Sale 101M 89 M 116M Apr. 135 Apr. 109 Sale 89 115M Apr. 16 M Apr. 29 15 M Apr. 24 8 16M Apr. 14M 14 M 14M 43% Sale Apr. 26 105 M 45% 109% Sale 85% Sale 55 43% Apr. 52 M Apr. 92M Apr. 72 X Mar. 134 Sale ~~8% "16"' 37 Apr. Apr. 22 9 Apr. 2 Apr. Apr. 19 115M 1957 1946 40 52M 92M 59 M 56M 29 1 84 Sale 1969 Sale Sale 64 35 51M AConsol gold 5s -.1945 ARef & gen 5Ms series B__ 1959 ARef & gen 5s series C 1959 AChat Div pur money g 4s.. 1951 iMobile Div lstg 5s. 1 1946 Central Foundry 1st. mtge 6s 1941 Central mtge 5s 1941 Cent Hudson G & E 1st & ref 3 Central 63 M Sale 84 1956 1951 5s equip trust ctfs. 95 64 103 M 83 M 80.000 Celotex Corp deb 4Msww 1947 F 9,000 ACent Br Un Pac 1st g 4s___I..i94S J 1.000 t ACent of Ga Ry 1st g 5s-.Nov 1945 F 4",000 53% 1966 1962 . 3,000 59M Apr. 48M Apr. f 55 M Apr. I 95M Apr. ] 64 Apr. 3( 63M Apr. 27 37 Apr. li 49 % 40 M 1955 Collateral trust g 5s 95,000 1954 Collateral trust 4Ms-164,000 1960 5,000 I ACarolina Central 1st gu g 4s 1949 26,000 Caro Clinch & Ohio 6s ser A "1952 49.000 Carriers & Gen Corp deb 5s w w.1950 MN 4,000 Carthage & Adir 1st gu g 4s._ 1981 J D " 26 30 I960 1969 1970 June 15 1955 Guaranteed gold 4 Ms Guaranteed gold 4Ms 108,000 Canadian Northern guar 6 Ms. 367,000 Canadian Pac4% deb stock Collateral trust gold 4 Ms 111,000 21.000 Apr. 43 M Apr. Sale 331,000 62,000 55 Sale 46 M 1st lien & ref. 5s series B 1957 MN 26,000 Buffalo Gen Elec 4 Ms ser B 1981 F A 3,000 Suffa o Niagara Elec 3 Ms ser C. 1967 J D Buffalo Rochester & Pittsburgh Ry— 56.000 Sale 43 H 52 % 99 44 M 84 85,000 162,000 55M Sale 14% Sale Sale 100 M Sale 109 110M 1941 1941 141,000 Certificates of deposit 73,000 Brooklyn Union Gas Co 1st g 5s 1945 MN 1st lien & ref 6s series 33,000 A1947 MN 207,000 Debentures gold 5s -1950 J D 96.000 97,000 261.000 Sale Stamped gtd 5s stpd ctfs 3.000 1st 5s stamped ctfs__62,000 Brooklyn Union El 1st 5s 91,000 59 15M 13 K 107 % 107 M Apr. 15M Apr. 46 M __ 1961 A 65.000 t ABoston & NY Air Line 1st gu 4s *55 F A 80,000 Brooklyn City RR 1st 5s ctfs-,.1941 42,000 Bklyn Edison cons mtge 3 Ms 1966 MN 103,000 Bklyn Manhattan Transit MN 1,915,000 13 13 % 13 Sale 28 70 Jan. 44% Apr. 108 Jan. Jan. Apr. Mar. Jan. Apr. Apr. Apr. Jan. Jan. 40% Apr. 7 Jan. 6% Jan. 69% Apr. 47 Apr. 61 Apr. 105 Apr. 85 Jan. 103% Jan. 106% Jan. 107% Jan. 107 Jan. 105% Jan. 103% Jan. 103 Jan. 113% 69% 89% 108% 84% Jan. 79 44% 109% 100% 45% 90% 19% 30% 7% 3% 3% 8 Apr. Apr. Jan. Mar. Apr. Apr. Jan. Apr. Apr. Jan. Apr. Jan. Jan. Jan. Jan. Feb. 95% Jan. 13 Feb. 77 Feb. 108K.Apr. 26 106% Feb. 109 Jan. 5 1 111% Apr. 110 Jan. 5 54 Apr. 19 % Apr. 44 Jan. 111% Apr. 54 Apr. 20% Jan. 13 17 16 17 6 Apr. 1 13 6 6 17% Apr. 108% Apr. 25 16% Mar. 14% Apr. 106% Feb. 2 1 4 18 Jan. 3 110 Jan. 5 N. Y. STOCK MaTj 1940] Sales in BONDS Value n. y. stock exchange i'S 1940 Bid Ask 71% Sale 1960 F A Central KK & Bkg of Ga 5s 1942 MN 12",556 Central Steel 1st sink fund 8s—1941 MJV 146,000 Certain-teed Prod s f g 5%s A.-1948 M S Champion Paper & Fibre— 8,000 S f deb 4%s (1935 issue) 1950 M S 51H Sale deb4%s (1938 issue)-----1950 Chesapeake & Ohio Ry— 71,000 General gold 4%s ^--1992 355,000 Ref & impt mtge 3Ha ser D--1996 170,000 Ref & impt mtge 3%s ser E--1996 180,000 Ref & Impt M 3%s ser F 1963 Sale 58 112»»» 112 % 75 Sale M S 104 H 104 H 102H 105 M S 124 S f 68% 67% Sale Sale 67 64 46% Sale Sale 55% 60 55 62% 109"«110 110% Sale 81% Sale 80% Sale 4694 65% Mar. 25 66 1 17 18 61 Apr. 49% Apr. Sale 4 4 58 Jan. 1109s» Jan. 75 Jan. 1 106% Apr. Apr. 2 104 104% Jan. Jan. 103 . Craig Valley 1st mtge g 5s 1940 Potts Creek Br 1st 4s 1946 8,000 R & A Div 1st con g 4s 1989 2,000 2d con gold 4s -------19^9 Warm Springs Valley 1st g 5s-1941 222",556 AChic & Alt RR ref g 3s—— 1949 106,000 Chic Burl & Q 111 Div 3%s 1949 167,000 Illinois Division 4s 1949 189,000 General 4s.--—--~-}958 126,000 1st & ref 4%s series B 1977 207,000 1st & ref 5s series A 1971 AChic & E 111 1st cons g 427",666 40,000 21,000 1,274,000 8,000 V 19,000 12,000 61,000 44,000 MN F D III % J 6S---1934 A O J J 16 J Sale 79 81 F A 85 A 117 19 Sale 18 % Sale MIS m S j j j j j j 83 Sale ^*-1987 11 h 12 6% Sale 58 H 24 H 24 H 26 lH 14% 18 H Sale UN 16 Sale J D 9M J D D 9 H UN A 45 H O 13% 11% 5 H J F 13% 95% 13% Sale MN 100 92 Sale 91 Sale 82% Sale 83 Sale 88% Sale 119% 123 17% Sale 18 17 94 29% Sale 22 19% 19% 20% 17% Sale 8 9% 8 9% 60 28% 26% 29 Sale Sale 7 1% 16% 18% 16% 18% 18% Sale 16% 14% 19 Sale 19% 19% 45% Sale 18 Sale Sale Sale Sale Sale 80% 60 48 J D J D M J 54% "43"" S 51 106M 106 % 107H 101H J u s 67 62 52 106 H Sale Sale 105 H 51 Sale 105% Sale 94 Sale O Sale 57 Sale MN 12 H F A 10SH J D 1® 109 H MJV 103 H MN 108 % Sale 108 H 109 60 75 J A J D 64 H 05 H 103 64% J 47 66 51H Sale Sale W W 95 H 10994 100"" Sale B--1942 o -1942 Series A gu 4%8-1942 Series C gu 3 Ha 1948 Series D gu 3 Ha— 19o0 General 4 Ha series A—.— - -1977 Gen & ref mtge 4%s series B-iggi Clev Short Line 1st gu 4Hs__--1961 Clev Union Term 1st gu 5%s A-1972 1st s f g 5s series B guar 1973 1st s f 4Ha series C —1977 o 107 H 105 H J 106 M 108 ?-K;-1945 F deb 5s May 1952 --Apr 15 1952 Debenture 5s Jan 15 1961 Columbia & Hock Val 1st ext g 4s '48 Columbus & Toledo 1st ext 4s__i955 Columbus Ry Pow & Lt 4s 1965 Commonwealth Edison Co 1st mtge 3Hs series I——---1968 Conv deb 3%s— 1958 Conn & Passum Rivs 1st g 4s—-1943 Conn Ry & Lt 1st g 4%s —1951 Debenture 5s F 64% 101 il% 15% 7% 6 Sale 17% 18% 10% Sale 10% Sale 41 Sale Sale Sale 6% 7% 6% 7% 6% 1% 74 80% 60 55 ~55~~ 50 59 52% 104 106 26 42 15% 14% 6% 5% 7% 6% 1% 80% Apr. 23 20% 11% 11% 11% Apr. 19 Apr. 26 Apr. 29 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 19 45 23 23 19% 18 18 8% 7% 8% 7% 18 10 27 94 nH 1 2 18 80% 65 76% 109"" Feb. 15 13 117% Feb. 15 16 15 109 22 110 90 120 20 18% 10% 10% 60% 114 Feb. Feb. Apr. 17 Jan. 11 Mar. 8 Jan. 3 18 Apr. 9 18% 18% 18% 19% Mar. 30 Apr. Apr. 1 3 16 Feb. 26 20% 11% 11% 11% Apr. Apr. Apr. Apr. 8 3 4 3 Jan. 12% Jan, Jan. 13% 13% 13% 15% Feb. Jan. 8 3 4 3 4 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 4 Jan. Jan. 42 8 Jan. 8% Jan. 8% Jan. 2% Mar. 66 79 Sale Mar. 30 Jan. 3 Jan. 27 13% Jan. 12% Feb. 3 4 49 13 19% Apr. 18 Apr. 8% Apr. 7% Apr. 8% Apr. 7% Apr. 2% Jan. 80% Apr, 5 4 5 Jan. 17 4 4% Jan. 5% Jan. 5% Feb. 15 17 1 3 5 Mar. 18 Jan. 5 4 24 4 13 6 58% Apr. 26 Jan. 15 Apr. 29 104% Apr. 9 47% 64% Sale 63% Apr. 77% Apr. 3 50 67 Jan. Apr. 4 2 30 5 1 2 18 4 51% Apr. 12 73% Feb. 26 54 Apr. 3 __ 4 17 109% Aprl 108% Jan. 110% Feb. 15 111% Apr. 109 Jan. Feb. Feb. Feb. 63% Apr. 66% Jan. 79% Jan. 54% Jan. 66% Apr. 77% Apr. 53 Apr. 48 Apr. 66 Apr. 9 4 3 2 9 95% Mar. Jan. 2 59 Apr. 6 Jan, Feb. 27 13% Apr. 27 2 109% Mar. 28 Mar. 5 111% Apr. 4 Feb. 89% 49% 12% 107% 109% 6 Apr. 19 13% Apr. 27 12 109% Apr. 22 59 17 3 4 Apr. 29 107% Mar. 11 Jan. 2 7 107 105% Mar, 4 106% Jan. 26 109% Apr. 6 106% Feb. 23 104% Jan. 2 94% Apr. 30 90 Jan. 1 9 109% Apr. Apr. 23 46% Apr. 26 64% Apr. 25 4 104 24 106% Apr. 121 94% Apr. 49 1 8 4 44 19 Apr. 47% Feb. 17 111% Apr. Mar. 14 12 Apr. Apr. Apr. Apr. Apr. 12; 94% Apr. 3 5 23% Feb. 6% Feb 1% Fob. 2i ..—Jan Jan. 22 Apr. Apr. Mar. 13 Apr. Apr. Apr. Apr. Apr. 67 1 105% 5 28% 27% 29% 29% 30% 7% 2% 12 105% 108% 105% 92% Jan. Mar. 20 19% Jan. 16 3 19% Jan. 98 Apr. 29 6 30% Apr. Mar. 15 21 Mar. 21 Apr. 4 16% Jan. 97% Jan. 12 Jan. 8 102% 93 Apr. 8 83% Mar. 25 24 % Jan 75 Mar. 49 Apr. 46 Jan. 62 Jan. Jan. 5 23 2 5 24 3 4 Sale 99% Apr. 108 Apr. 99% Apr. 107% Apr. 105% 105% 6 105% Apr. 24 105% Apr. 24 109% Apr. 12 109% Apr. 12 109 4 Mar, 100% Jan. 29 99 13 Jan. 100 69 100% 108 111 5 2 13 3 2 75 50 108 Jan. Jan. Jan. Jan. 99% 99% 15 107% 2 101% 24 51% Apr. 63% Apr. 54 Apr. 51% Apr. 12 58% Apr. 26 1 51 Apr. 104 1 125% Feb. 25 Jan. Feb. 6 57 14 18% QVa 9% 9% 9% 2% 21 Jan. Jan. Jan. Jan. Jan. 1103 233 18% Apr. 19% Apr. Apr. 16% Apr. 23 6 106% Feb. 18 4 10 104% Mar. 14 Jan. 23% 16% 12% 12% 6% Apr. Apr. Apr. Apr. Apr. Apr. Apr. 18 Apr. 18% Apr. 22 17 15 Mar. 86 28% 29 27% 19 29% 18 29% 261 30% 16 7% 16 2% 30 2 62% Jan. 25 1121!! Jan. 82 Feb. 2 54 15% ADr. 15% Mar. ' 18 3 Feb. Feb. Feb. Feb. 118 25% Apr. 26 Apr. 26% Apr. 26% Apr. 26% Apr. 6% Apr. 1% Apr. 16 Apr. 16% Apr. 4 Jan. Apr. Feb. 12% 92% 97% 87% 77% 83% 17% Apr. 8 17% Apr. 5 98 Apr. 29 6 30% Apr. 21 Apr. 8 20 Apr. 3 18% Apr. 5 9% Apr. 4 9% Apr. 3 60% Apr. 17 15% Apr. 19 15% Apr. 19 2 90 Apr. 28% Apr. 19 9 20% Apr. 2 19% Apr. 15% Apr. 24 8% Apr. 30 8% Apr. 25 1 60 Apr. Apr. Apr. Apr. Sale Apr. Sale 93 Apr. 56% 55% Apr. 13% 13% Apr. 109 Apr. 110% Apr. Sale Sale Jan. Jan. 114 67 2 99% Mar, 100 Apr. Jan. 110% Jan. 4 Jan. 29 Apr. Jan. 105% Apr. 24 8 106% Jan. 109% Feb. 24 107% 108% 105% 106% 109% 67 108% Feb. Mar. 26 106 "84% A 80 A 89% Sale 81% Sale 74% 73% A A 73 4 76% 85% 73% Sale 68 Sale 105 Sale Sale Sale 105 Sale 104% 104% J 103% A O 110 F A 111% ----- 109 109% Sale 109 109% 106% 106% 106% 108% Hydro-Elec Wks of Upper Wuerttemberg 1st 7s 1956 264,000 Consolidated Oil conv deb 3%s_1951 1954 25.000 ^Consolidated Ry deb 4s ADebentures 4s J&J 1955 7,000 ADebenture 4s A&O 1955 104% Sale Sale Sale Sale Sale Sale 3 74% Apr. Apr. 29 1 73% Apr. 1 68 Apr. 85 Sale 105% Sale 104% 67% 27% 104% Sale 104 Sale 104% 28 Sale" 105% 74% Sale 114% 112 110% 110% 108% 108% 107% 108% 107% 113 10994 Sale 128% Sale 80 92 108% 1,300.000 1,000 2,000 Stamped guar 4%s.---------1951 1,000 74,000 Conn River Power s f 3%s A—196' 116,000 Consol Edison (N Y) deb 3 Mb. .1946 3 Ha debentures 1948 236,000 3 Ha debentures 1956 96,000 3Ha debentures---- — 1958 81,000 68 Sale 104 29 J UN Sale 105% 105 72 72% 56% 3394 Sale 104% Sale O 79 85% 75% 105 70 MN 76 75% Apr. 26 5 88% Apr. 5 79 Apr. 8 71% Apr. 114 8 105% Apr. 25 Apr. 73 Apr. 25 Apr. 11 4 10 29% Apr. Apr. 3 6 105% Apr. Apr. 8 Apr. 30 105% Apr. 9 105% Apr. 19 Apr. 8 114% Apr. 8 Apr. Apr. 27 110% Apr. 27 Apr. 10 108% Apr. 23 2 111% Apr. 110% Apr. 2 130% Apr. Sale Apr. 129% Sale 129 51 89 89 Apr. 85 75 Apr. 88% 118% Apr. 18 119 Apr. 119 108 109% Sale 109% Apr. 30 109% Apr. 109% 8 109% Apr. Sale 109 109% 109% 108% Apr. Sale 107 105% Apr. 26 107% Apr. 106% Sale 107% 107 Apr. 12,108% Apr. 107 107% Sale Sale 105% Apr. 27 106% Apr. 106 % 106% 106 109% Sale 108% Apr. 12 109% Apr. 109% Sale 110% 129% 83% 90% 82% 74% Jan. Jan. Jan. Jan. 13 11 3 19 106% 73% 34% 105% 105% 105% 114% 110% 109% 74% Apr. 3 Apr. 29 73 Mar. 29 67% Mar. 30 85 Jan. Feb. 22 19 Jan. 4 108% 107% 105% J 102% 104% 102% iu^ "A 102% 104 H J A 99% 106% 108% 105% 105% 9 16 5 73% Jan. 66 Apr. 6 A Colo Fuel & Iron Co gen s f 5S--1943 F 45s income mtge --1970 A 49,000 236,00 Colorado & Southern 4%® ser A_i9so MN Columbia Gas & Elec 49 63 109 MJV 79% Sale 47 100 Apr. Apr. 80 77 coll trust g 4s-1990 UN 9 117 16 110 15% Apr. 12% Apr. 19 95% Apr. 19 97% Apr. 99% Apr. 17 100% Apr. 91 Apr. Apr. 14 93 9 83 81 Apr. Apr. 87% Apr. 18 89% Aprl 108% 109% 108% 108% 108% Apr. Sale 110 110% Apr. 110% 111 50 J 17 12% 15% 109% 110 109% 110% 110% 110% 103 103% 85 D 2% Sale Sale 4s—---1991 9% 10% 109% 108% 106% 106% 106% 94 93% 94% 89 n 49 H J M S A '18% 105% 90 J 17"' 52 62 29 20% 39% 74 64 Sale 42 67 Sale 16 10 80 17% Sale Sale 10% Sale 2% -Sale 60 20 Sale Sale 70 20% Sale Sale Sale Sale 6 16% 26% 27% 6% 1% Sale , Sale 4s Sale Sale Sale 53 Coal Riv Ry 1st, gu 100 27 Sale D F 38",660 97 29% 16% 16% 15% 8% 8% 61% Sale 11 D D—-1971 ser Sale Sale 11 18% 16% 8% 7% 8% 7% 1% Sale Apr. Apr. 122 15% 15% Sale Sale 19 J 3%sser E------1969 gtd g 68-1943 C C & St L gen g 4s 1993 General 5s series B—_1993 Ref & impt 4 Ha series E 1977 Clev & Pitts gen gu 4%s Series B gu 3 Ha.— 89% 119 26% 26% 29% Sale 29% Sale J 1st mtge guar Cin W & M Div 1st g 14% 14% 97% Sale 100% 102 Sale 9H 54% 14 H 17% 6H Jan. Jan. Jan. Jan. Feb. 109 17 H 6M 5H Sale 2H Sale Spring & Col Div 1st g 4s..—1940 US Val Div 1st g 4s 1940 J J J 87,000 Cleve Elec Ilium 1st M 3%s--.-1965 100.000 110 9M M 5 Clearfield & Mahon 1st 191,000 28,000 264,000 5,000 1,000 65,000 117 109 Sale 5 — 48,000 123,000 204,000 142,000 117 Mar. 98% 98% 103% 101% 100 3 % j A 122 4 122% Apr. 11 124% Apr. 99 Apr. 9 99% Apr. 30 99 99% Apr. 30 Apr. 1 104% Apr. 1 105% Apr. 29 117 15 lsfiSge^s^eries EllZIIUlgea 7,000 1,000 Sale 13 H 13 "7",666 27 M Sale 14 H 15 H 16 St Louis Div 1st 26 H 25 M 13 M UN C 67 13 M S 5,000 392,000 26,000 45,000 "7% 112M 114 25 23 h 23 21H 1987 44",666 17 H 14 H UN "-^7 2037 3%s series 118M 12 UN taxl987 tax-1987 Sale Sale Sale Sale 100 88 24 »il5-year secured 6%s-------1936 Alst & ret g 5s Alst & ref 4%s stamped-May 2037 Alst & re 4Ha ser C May 2037 AConv 4%s series A --1949 *t AChicago Rys 1st 5s stamped Feb 1 1938 25% part paid—1927 24,000 256,000 J AChic R I & Pacific gen g 4s—1988 ACertificates of deposit 39.000 647.000 •ARefunding gold 4s——-—1934 ACertificates of deposit 435,000 •ASec gold 4Ha series A274,000 1952 ACertificates of deposit 29,000 AConvertible gold 4%s——1960 157,000 2,000 Chic S L & N O gold 5a--------1951 Gold 3Ha --June 15 1951 2,000 Memphis Div 1st,4s—--v;--19ol 95,000 Chic T H & S'east 1st & ref 5s—1960 Income guar 5s 34,000 Dec 1 1960 Chicago Union Station— Guaranteed 4s—— 1944 7,000 6,000 87,000 88,000 160,000 1st & ref mtge 4Ha ser D 1962 113,000 ---—1943 51,000 Childs Co deb 5s. 13,000 tAChoc Okl & Gulf consol §^--1952 41,000 Cine Gas & Elec 1st mtge 3Ha. 1966 1st mtge 3%s ---1967 4,000 Cin Leb & N 1st con gu K 4s—-1942 Cincinnati Union Terminal 1st mtge guar Sale 0 MN 148", 066 68,000 Sale 89 A 2000 57,000 Sale F 63.000 AGen g 3 Ha sOTiesB-.-May 1 1989 249,000 AGen 4%s series C-—May 1 1989 77,000 AGen g 4%s series EL--May 1 1989 39,000 —AGen 4%s series F__-May 1 1989 1,014,000 t AChic Mil St P & Pac mtg 5s ser A 75 AConv adj 5s 1,113,000 --fan 1 283,000 J AChic & No West gen 3%s —1987 MJV M N A General 4s ---102,000 176,000 195,000 217,000 706,000 Sale M S general 5s series A----1966 jjfN a 1st & gen 6s series B—May 1966 j j 2,000 Chic Indiana & Sou 50-yr 4s---19o6 HChic L S & East 1st 4%s --1969 296",666 J AChic Mil & St P gen g 4s ser A-1989 "8" 666 118 95 % 100 H Alst & 113,000 122% 123% 123% 99% 99% Sale 99 Sale 99% 105% 104% Sale 110 Sale 103 % 103 M S J Sale 109 J J Sale 107 M 101 % J J t AChic & E 111 Ry g 5s. 1951 ACertificates of deposit ---Chic & Erie 1st gold 6S —- — 1982 t AChic Gt Western 1st 50-JJ 48-1959 t AChic Indianap & Louisv rf g 6s 1947 ARe unding gold 5s sot B, 1947 ARefunding 4s series C_1947 AStpd non payt Fed inc AStpd gen 4 Ha non-pay AGen 5s stpd non pay inc AGeneral 4%s stamped 125 99 % 99% A Prices Mar. 45% Mar. 27 1 zll0% Apr. 1 110% Apr. 78 Apr. 12 81% Apr. 29 106% Apr. 106% 107 106% Sale 104% 103% Apr. 103% 103 % 104 Sale Prices Sale Prices 70 Apr. 12 Sale Prices- 67% Apr. Apr. 46% Apr. 62 Highest Lowest Highest Lowest 1 Ask Ask Bid Bid 67 — April 30 April 1 1949 F A 1954 A O 11,000 1 Jan. 2, $ 196,000 Cent Pac 1st ref guar g 4s 8,000 Through St L ist gu g 4s 204,000 Guaranteed 5s. RANGE SINCE JAN. PRICES IN APRIL Price April 23 EXCHANGE-BONDS Sale 111 Sale 104% 67% 27% 103% Apr. Apr. Feb. Feb. 103% Mar. 103% Jan. 113% Mar. 110% Apr. 107% Apr. 15 109% Feb. 27 111% 9 125 Jan. 15 130% 5 89 89 Mar. 25 26 118% Apr. 18 119 30 109% Feb. 10 109% 23 108% Feb. 2 109% 3 105% Apr. 26 107% 4 106% Jan. 18 108% 4 105% Apr. 27 107% 2 107% Jan. 17 109% Apr. 3 Apr. 8 Apr. 19 Apr. 8 Apr. 27 Jan. Apr. Apr. 3 15 9 Mar. 25 Apr. 26 Apr. 30 Apr. 23 Jan. 5 Apr. 4 Jan. 6 Jan. 5 AConsol 13", 606 ADebenture 4s 35,000 Consolidation Coal s f 5s Consumers Power Co— 1st lien & unif mtge 3Ms 22,000 1st mtge 3Ha 6,000 1st mtge 3 Ha 60,000 1st mtge 3Ms 110,000 1st mtge3%s_144,000 For footnotes, see page 30. 11 105% 14 Sale 14% 105 11 17 15% 15% 15% 15% 58% 61% 57 108% 108?^ 109% 108 11 17 11 11 1956 1960 1965 1967 1970 1966 --1969 MN MJV MJVi 109% MJV 106% MJVl I 1 Sale 14 ----- Sale 16 16% 106% 17% 17% Sale 18 19 18% Sale 62 Sale 16 106% Apr. 29 19 Apr. 17 18% Apr. 15 Jan. 104% Jan. 15Jan. 15 Jan. 5 14% Mar. 23 16 106% Apr. 29 Apr. 17 30 19 31 18% Apr. 15 ----- Sale 58 Sale 108% Sale 110% 109% 110 Sale 109% 110% 111 109 Sale 108% Sale 109% Sale 107% Sale 109 Apr. Apr. 16% Apr. 105 1 15% Apr. 57 Apr. 108 Apr. 109% Apr. 109% Apr. 107% Apr. 107% Apr. 18% Apr. 9 30 62 Apr. 1 109 Apr. 11 11 110% Apr. 10 111% Apr. 25 1 109% Apr. 26 3 1 109% Apr. 6 15% Feb. 23 55% Feb. 29 18% Apr. 9 Apr. 30 62 107% Feb. 21 109% 108% Mar. 11 110% 108% Feb. 24 111% 105% Jan. 17 109% 107 Mar. 23 109% Jan. 27 Apr. 25 Apr. 26 Apr. 3 Apr. 6 24 N. Y. STOCK Sales in BONDS Value 14 Crown Cork & Seal S f f 4s s D 105 J D 101M 102 M 108% Sale 104M Sale 105 105M 102M Sale 103 103% 29 M Sale J D J D 1950 M N 1948 J 4%s debentures-- 48,000 Cuba RR 1st 50-yr g 5s 15,000 7 Ms series A extended to 6s series B extended to 9,000 425,000 12,000 8,000 1,000 467,000 69,000 38,000 96,000 341,000 J A D 1952 1946 J D 1946 J D 1943 MN Delaware Pr & Lt 1st M 4%s—1971 J J 1st & ref 4 ^s 1969 J J gold 4%s 1969 J 4s_.1936 J t*iDen & Rio Gr 1st cons g ♦AConsol gold 4%s 1936 J iDenv & R Gr West gen 5s Aug 1955 AAssented (subject to plan) ARef & imp mtge 6s ser B..--1978 JiDes Moines & Ft Dodge 4s___1935 Certificates of deposit t ADes Plaines Val 1st guar 4%s_1947 Detroit Edison— 133,000 86,000 29,000 62 M 109 106 Sale Sale J P Sale 110 J J A 10M A O 2% 2% 6M J J 3M Af S 49 H Detroit & Mack 1st lien g 4s 1995 J D 2~6OO ASecond gold 4s —1995 J D 27,000 Detroit Term & Tun 1st gu 4 Ms 1961 MN 1,000 Dow Chemical deb 3s 1951 J D " Missabe & Iron 44% Sale 32 M Sale J Gen & ref 4 Ms series D_. 1961 F A Gen & ref mtge 4s series F—1965 A O Gen A ref mtge 3 Ms series G.1966 M S Duluth Sale 38 Del & Hud 1st & ref 4s 1st mtge Ask J Crucible Steel 4%s deb ser A—1948 P 85,000 Cuba Northern Rys 1st 5%s 1942 J Eastern Ry M No Div 1st g 4s_1948 A O 76,000 Eastern Tenn Va & Ga 1st g 5s. 1956 M1V 7,000 Ed El Til N Y 1st cons g 5s 1995 J J „ 110 Sale 98 100 3 Ms ser B 1940 J 1940 J a4s series B conv 4s Series D 1953 A 0 1953 A 0 — ♦iRef & impt gold 5s ser 19271967 MN ♦ARef & impt 5s series 1930-.1975 A G AErie & Jersey 1st s f 6s 1955 J J AGenesee Riv RR 1st s f 6s 1957 J J aN y & Erie RR ext 1st 4s—1947 mn 1,508,000 1,680,000 118,000 76,000 2,000 *A3dmtge4Ms 1938 M S Ernesto Breda Co 1st mtge 7s—1954 F A 71,000 Fairbanks Morse deb 4s 1956 J D Federal Lt & Tr 1st s f 5s 5,000 1942 M S 6s International series 1942 M S First lien s f 5s stamped 16", 666 1942 M S 1st lien s f 6s stamped. 4,000 1942 30-year deb 6s series B 53,000 1954 111,000 Firestone Tire & Rubber 3 Ms.-1948 t AFla Cent A Peninsular 5s 1943 M S J D A O J J 1959 J East Coast 1st 4 Ms Alst & ref 5s series A 309,000 57,000 D 55",66O! MN J J MN D Sale 9 Sale Prices I Sale Prices Apr. 23 108 Apr. 19 11% Apr. 29 11% 3 3 Apr. 2% Apr. 26 8 Apr. 19 _ _ 5 Apr. Apr. Apr. Apr. Apr. Apr. 6 Apr. 17 105% Jan. 27 Apr. 20 102% Feb. 7 Mar. 15 110% Jan. 11 Apr. 29 105% Apr. 5 Jan. 19 107% Apr. 15 Jan. 2 104% Apr. 5 Jan. 18 105% Apr. 26 Jan. 12 40 Apr. 46 Jan Jan. 31 35 Mar. 29 55% Apr. 63% Jan. 4 8 2% Mar. 1% Apr. 5% Feb. 5 9 4 Jan. 6 Jan. 6 2 108% Jan. 11% Apr. 3 11% Apr. 4 3% Jan. 24 2 „ Jan. 4 Apr. 9 Feb. 108 3 109 Feb. 4 3 1 4 106 Jan. Mar. Feb. Mar. 23 8 Apr. 17 18 108% 104% 106% 8% 9 31 Jan. Jan. Apr. 5 1 Mar. 1 - 108% Sale 108% Apr. 109% 110% 109% Apr. 111 Ill Apr. 48 40 30 25 30 98 99 98 109 Apr. Apr. 111% Apr. Ill 48 22% 107M 14 M 107M Sale Prices Apr. 9 |102 101% Apr. Apr. 23 106% Apr. 5 102% Apr. 15 104% 102% Apr. Apr. 26 101% 31 Apr. 40 Apr. 43 44% Apr. 32 35 Apr. 12 5% 40 13M 109 Sale 17M 25 25% Apr. 99% Apr. 105% Apr. Apr. Apr. 106% 105% Apr. 99 Sale 105 M 106M 91 91M Sale 17% 53% Sale 12 16 2 110% Jan. 111% Jan. 17 113 109% Jan. 110% Jan. 40% Mar. 25 Apr. 97% Mar. 105% Feb. 107% 108 103 % 101 102% 103 % 104 104% 101M 103 105% Sale 43 % 51 56 59 56 55 95% 100M 100M 57 Sale 25M 23 Sale Sale 22 M Sale Sale 15% Sale Sale 15 Sale Sale 62 63 Sale 68% 94% 75% 87% 69% 97 M 102 Sale 104 M 102 42 Sale 40 "49 % Sale 15 2M 2M 101 52 M 6M 20 Feb. 2 40% Mar. 12 25% Apr. 12 101 Jan. 11 107% Jan. 8 2 108% Feb. 18M .1956 124,000 Goodrich (B F) Co 1st M 4 Ms—1956 j d 105 % 14,000 Gotham Silk Hosiery deb 5s ww. 1946 M S 91M Gouv & Oswegatchie 1st 5s 1942 j D 25 "2,660 Grand R & I ex 1st gu g 4%s__. 1941 J 104% Grays Point Term 1st gu g 5s__. 1947 J 78 1944 F 37,666 Gt Cons El Pow (Japan) 7s 84 1st & gen s f g 6Ms 1950 J 79,000 70 Great Northern Ry— 1st & refund 4 Ms series A 1961 J 161,000 105 M Gen mtge 5Ms series B 1952 J 267,000 99 M Gen mtge 5s series O 1973 J 93,000 89 Gen 4 Ms series D_ 1976 J 88,000 81M Gen 4Ms series E 177,000 1977 J 82 M Gen mtge 4s series G. 1946 J 721,000 103 Gen mtge 4s series H 1946 J 585,000 90 % Gen mtge 3 Ms series I 1967 J 237,000 73 % AGreen Bay & West deb ctfs A_. Feb 58 Alncome debenture ctfs B 16",000 Feb 8 1940 MN 1,000 Greenbrier Ry 1st gu g 4s Gulf Mob & Nor 1st 5Ms ser B.1950 A O 13,000 85 1st mtge gold 5s series C 1950 a o 65,000 82% Gulf & Ship Island 5s stpd 1952 J J 85M 188", 000 Gulf States St'l 1st mtge 4 Ms. .1961 a o 99 67,000 Gulf States Util 3Ms series D..-1969 MN 108 M 3% 3% 2% 2% 102 M 101 54 59% ... 1949 J 111999 J 1944 A O 1937 M N 1954 MN 78 97 M 104% 69 13 18 20% 87 27% 30 Sale Sale 16M 20% ----- 86 107% 91 % 87 Sale Sale Sale 84% Sale Sale Sale 101% Sale Sale 94 Sale Sale 76 Sale 64 58 64 6% Sale 85 Sale 81% 85% 99% Sale 110 20 Sale Sale 98 M Sale 15 11 2 12 2 Apr. Apr. 12 2 Apr. 1 Apr. 3 Apr. 15 Apr. 29 15 Apr. 29 1 53% Apr. 1 57% Apr. 94 Apr. 18 Apr. Apr. 16 8 Jan. 106% Jan. Feb. 107- Apr. Mar. 28 60 Jan. 2 59 Jan. 3 Jan. 13 63% Apr. 18 28% Apr. 15 53 21% Feb. 18% Mar. 4 19 25 13 8 18 2 105% Jan. Apr. 15 88 94% Apr. 27 8 149% Apr. 6 Mar. IT 10 110 56 52% Feb. 63% Apr. Apr. 15 26 Apr. 15 25% Apr. 15 17% Apr. 5 5 17% Apr. 64 Apr. 15 70 Apr. 26 94 Apr. 18 30% Apr. 90% Mar. 14 141 28% Apr. 26 13 30 109% Jan. 19 18 1 2 26 Mar. 7 26 Feb. 8 25% Jan. Apr. Apr. 15 15 15 13% Mar. 18 13% Mar. 18 18 Jan. 3 18 Jan. 3 49% Jan. 15 64 53% Jan. 15 70 Apr. 15 Apr. 26 Apr. 18 92 Feb. 94 88 Apr. 106% Jan. 101% Mar. 98 108 105 Mar. 28 Jan. 6 Feb. 9 Mar. 26 102 102 6 102% Apr. 12 Apr. 103% Apr. 23 104% Apr. 26 103% Apr. 8 104% Apr. 4 2 104% Apr. 29 107 Apr. 49 2 Apr. 6% Apr. 11 5% Apr. 30 55 Mar. 102 102 Apr. 103 Jan. 104% Feb. 8 104% Mai. 15 4 104% Apr. 101% Jan. 104% Apr. 46% Feb. 49 Apr. 7 Apr. 6% Apr. 107 Mar. 28 46% Feb. Feb. 55 1 Apr. 17 8% J an. 8% Jan. 2% Apr. 2% Apr. 6% Apr. 5% Apr. 3 2% Apr. 2% Apr. 2% Mar. 27 2% Apr. 18 10017sjJan. 2% Jan. 2% Jan. 18 4 24 52 59% Apr. 30 Apr. 103% Apr. 103% Apr. 28% Apr. 30 Apr. 28 28% Apr. Sale Sale 86 70% 87 Sale Sale Sale 103 Jan. 101 Jan. 10 18 28% Apr. 3 34% Apr, 20 29% Apr. 6 8 25 104% Apr. 87 89% Apr. 22 5 Sale 22 1 Sale Sale 91 88 Apr. Apr. 3 4 3 7 Apr. 29 Apr. 100% Apr. 22 100% Apr. 87 86% Apr. 13 87 Apr. Sale 81 Apr. 15 83 Apr. 9 111 Apr. 25 21 120% 122 121% 122% 121 9 122 Apr. 72 76 Sale 73% 72 76 9 Apr. 52% Sale 53% 1 60% 52% Apr. 55% Sale 100 100% Sale 99% Apr. 10 100% 5 Apr. Apr. 3 20 6 10 66 Jan. 72 Apr. Mar. 28 14 Mar. 28 Jan. 25 2 22% Mar. 12 22 Apr. 5 Feb. 104% Mar. 17 1 105% Jan. Apr. 26 Apr. 25 Apr. 25 3 Apr. Apr. 30 3 Apr. Apr. 30 Jan. 9 Apr. 20 70% Apr. 30 105% Jan. 96 91% Jan. 5 10 7 104% Feb. 20 82 80 Jan. 9 96% Feb. 23 88 Apr. 3 108% Apr. 29 100% Apr. 22 Mar. 95 88% Mar. Apr. 6 81 Feb. 87% Apr. 25 81 Feb. 88 26 105 Apr. 30 95% Apr. 30 99% Mar. 88 Jan. 71% Mar. 58 6 21 Apr. 10 86% Feb. 26 . 1 103 19 Jan. 104 Apr. 12 108% Apr. 29 1 100% Apr. 22 Apr. 95 1 6 Apr. Apr. 1 Apr. 87% Apr. 25 88 1 Apr. Apr. 26 Apr. 19 105 Apr. 30 Apr. 19 95% Apr. 30 1 Apr. 4 78% Apr. 99% Apr. 109% Apr. Jan. Apr. 30 103% Apr. 30 107 80 Apr. 20 70% Apr. 30 104% 2 28% 10 34% 10 29% 18% Jan. Apr. 89% Apr. 3 104% Apr. 82 4 14 17 10 Apr. Apr. 12 105,% 104% Apr. 90 81% 85% 102% 103 110% 111 19 3 24% Jan. 30 Apr. 26% Jan. 3 59% Apr. 30 22 105 29 30 12 20% Apr. 22 Apr. 108% 107 99 100% Sale 92 93% Sale 88 86% 84% 87% Sale 84% 104% Sale 100% 95% Sale 91% 76 78% Sale 64 61% 85 23 19 124% Jan. 104% Apr. 1 103% Apr. 30 104% Apr. 67% Apr. 19 72 Apr. 108 6 Jan. 3 104% Apr. 16% 22 19 49 24 10017«Jan. 123% Jan. 14 88 92 Sale 2% 2% 102% 20% Sale 99 ----- 103% 69% 105 90 % Sale 9 25 Sale Sale Sale Sale 79 80 104 M 105% 104% 78 90 15 119 46 26 105% 105M 56% 24% 22% 22% 22% 103% 104 104% Sale 25 30 Sale 72 56 125 26M Sale 93 ----- 106% Jan. 2% 125 17 54 Sale 6 8 13 57 55% Apr. 56 Apr. 55 53 6% 5% Sale Oct. 1945 I* AGeorgia Caro & Nor 6s 1934 1,000 AGood Hope Steel & Iron sec 7s_1945 94% Apr. 27 6 149% Apr. 6 109% Apr. 104% 103M 102% 104% 104 104% 104 104% 103 % 104 103% 104% 106 % Sale 104% Sale 105 i AGa & Ala 1st cons 5s 90 102 6% 6M Sale Sale 19M 91 Apr. 149% Apr. 107 Apr. Apr. Apr. 25 98 107 107M 108 107% 107% Apr. 10 107% Apr. 102 103 % 102% 103% 103% Apr. 13 103% Apr. Sale 106 M 69 M 24% 24% 24% 16M 103 M J 23 62% Sale 53 % 57 M 8M 101M 24 M Sale 27 M 35 24 % 40 23 "16M 48 M 122 100% 100% 61% 27% 23 M Sale 2 3% 2M 2% 100% 103 M 48 M 53 M 108% Apr. 29 30% Apr. 11 108% Apr. 22 105 59 75 98 109" 51 92 90 75 108 M 51 103 "9,660 For footnotes, see page 30. 55 M 55 Sale 149 Sale- 104 _ I 24M 109 101 134,000 15-year debenture 3 Ms 1951 190,000 Geij Steel Castings 1st 5Ms w w.1949 t*AHousatonic RR con g 5s Houston Oil 4 Ms debs Sale "17 % 53 106% 93% .7 ADebenture 6Ms 1940 D aS f deb g 6s 1948 mn General Motors Acceptance Corp— AHarpen Mining 6s HockVallat con g 4 Ms Hoe (R) & Co 1st mtge 91 21 49 Sale 106 149 140 2§H 16 Sale 108% 109% 107% Apr. 16 25% 27% Apr. 107 M Sale 107% Apr. A • Sale Sale 8% 2% 1% 6% 2% Sale 50 111M 9% 9% 3 Highest 103 101% 108% 105% 107% 104% 105% 55% Apr. 19 60% Apr. 6 108% Apr. 108% Apr. 9 104% Apr. 104% Apr. 108 6M 5H 111 Sale 4% Sale 108% Sale ----- 2 Sale 106 M mN Gas & Elec (Bergen Co) 5s 1949 ,7 41,000 Gen Amer Investors deb 5s ser A 1952 ~~ 74,000 General Cable 1st sfg5Ms A 1947 7,000 AGeneral Elec (German) 7s 1945 3,000 20,000 16,000 36,000 156,000 3 4% 8 1974 M S ACertificates of deposit ♦J AFonda Johns & Glov ref 4Ms 1952 Proof of claim filed by owner *a(Amended) 1st cons 2-4s 1982 Proof of claim filed by owner 2,000 iCerrificates of deposit 4,000 Fort St U D Co 1st g 4Ms__ 1941 Francisco Sugar coll trust 6s 1J56 15,000 3,000 Sale 105M 106 % 105 75,006 "27,000 jFla 2% 2M 6% 105% 107M 108% Sale 105M 107 59 M Sale 57 95 M J 101M J 101% iolM J 54% J 24 % Sale 250,000 t AErie RR 1st con & prior lien 4s 1996 J Alst consol gen lien 4s 1,004,000 1996 J AConv g 4s Series A 271,000 1953 A 0 AGen 10 50 110% Sale 110% 113 40 54 % 22 M 35 M 56 M 108% 104 M 107% 9% 8% 2% 58 % Sale 108M 109 103% 108M 9M Sale 4 93,000 Electric Auto Lite conv deb 4s.>19.52 F A HEIgfhi Jol & East 1st g 5s 1941 MN 17,606 El Paso & S W 1st <fe ref 5s 1965 A O 5s stamped. 3,000 1965 A O 134,000 23,000 1 Lowest Highest Lowest Bid Ask Bid Ask Sale Prices 102% Sale 100M 102 102 Apr. 17 101% 102 101M 101% 101% Apr. 20 108 Sale Sale 108 107% Apr. 11 105M 106 102M Sale 102% Apr. 29 Sale 106 107 M 106 Apr. 30 104% Sale" 104% 104% 103% Apr. 22 104 104M 104% 105% Sale Apr. 10 29% Sale 29% Sale 29% Apr. 26 35M 37 39% Sale 38% Apr. 22 43 Sale 44 45 43% Apr. 24 34 33 38 32% 33 Apr. 26 Sale 3 Sale - April 30 1,» Range 45,000 Ry 3 Ms 1962 A 0 162,000 t* aDuI So Shore & Atlantic g 5s_ 1937 J J 235,000 Duquesne Light 1st M 3 Ms 1965,7 D Erie & Pittsb gen gu g Series C 3 Ms--._ April 1940 Bid Container Corp of Am 1st s f g 6s 1946 II Deb gold 5s 1943 Continental Oil conv deb 2%s-_1948 Crane Co s f deb 3 Ms 1951 RANGE SINCE JAN. Jan. 2, $ 22,000 42,000 260,000 41,000 48,000 124,000 108,000 PRICES IN APRIL Price Si n. y. stock exchange April EXCHANGE-BONDS 6 78% Apr. 58 Jan. Mar. Apr. 24 Apr. Feb. 22 23 25 Mar. 14 Apr. 111 Feb. 107% Mar. 21 12 Jan. 103 Feb. 79% Feb. 90% Mar. 96 4 Jan. 8% 100% 87% 83% 90% 100% Apr. 83 Apr. Apr. Jan. 6 26 25 21% Feb. 27 120% Mar. 15 123 72 80 Apr. 9 44% Jan. 17 55% 97 Jan. 9 100% Feb. Jan. 23 Apr. 11 Apr. 30 May, 1940] N. Y. (STOCK Sales in §0 April BONDS Value N. Y. STOCK EXCHANGE Price $ 1940 Bid Illinois Central 1st g 4s 1st gold 3 ms -.1951 1951 1951 —1951 1952 1955 1952 1953 1955 1966 - Extended 1st g 3 ms 1st gold 3s sterling Collateral trust gold 4s 84,000 172,000 19,000 203,000 59,000 434,000 Refunding 4s____ Purchased lines 1st 3 ms Coll trust gold 4s J A O Af s A O MN J J MN April 1 Ask 34 125 Sale Sale 112% 111 Sale 459* Sale 13 111 Sale 33 91 Sale Sale 87 2, odd 11,000 ~2~666 Apr. 30 125 Feb. 68 Sale Sale 45X Jan. 12% Jan. 110M Jan. 439* Feb. 45 50 46 m 48m 42 X 46 X 50 Sale Sale 54 Sale 43 Sale 1956 D 80 j Sale 85 70 60 63 57 9* J A 60 57 41m 45 m 52 X 43 m Sale Sale Sale Sale Sale Sale 77x "~ 65 61m 65 63 m 65 60 64 59 h 50 60 56 m 51 60 76 76 91 Jan. 3 86 X Jan. 20 86 % Mar. 21 40 45 X 48 X 78% 63 8 37M Jan. Apr. 30 50 X Jan. 24 16% Feb. 21 4 112M .Jan. 127 Mar. 21 43 % Springf Div 1st g3Ms Western Lineslstg4s— Sale Prices Sale Prices 30 Apr. Apr. Apr. Apr. Apr. 86M Mar. 21 Sale 1951 1951 1951 1951 1951 Sale Prices 86 Sale Omaha Div 1st gs 3s St Lou Div & Term g 3s Gold 3 Ms - " 1 Highest 90 Litchfield Div 1st g 3s 1951 Louisv Div & Term g 3 ms---1953 ~ Sale Prices Sale ----- fx f Ask Sale 30 Apr. 30 34X 126m Apr. 1 127 47 m Sale 46m Apr. 2 48m 13 X Sale 13 Apr. 29 14X 111M 112M 111m Apr. 1 112m 87x 127 Lowest 85 45 MN 30 Vs Highest 85 865865373* 46 m 48 m 419* A Refunding 5s 40-year 4 ms Cairo Bridge gold 4s RANGE SINCE JAN. Lowest April 30 Ask Bid Bid 126m 47 m 14 % 89 J PRICES IN APRIL Jan. 2, n 202,000 Hudson Coal 1st s f 5s series a--1962 J d 8,000 Hudson County Gas 1st 5s 1949 M JV 321.000 Hudson & Manhat 1st & ref 5s a 1957 F A a Adjust income 5s 303,000 Feb 1957 a 48,000 Illinois Bell Telep 3%s ser b 1970 a 35 EXCHANGE—BONDS 44m 46 X 41m 43 X 52m 42 X Apr. Apr. Apr. Apr. Apr. Apr. 12 26 30 1 29 16 47X Apr. 5 50 Apr. 4 43 Apr. 3 45% Apr. 29 56 Apr. 9 45m Apr. 4 44 X Apr. 12 45M Jan. 16 41M Mar. 20 48X Jan. 50 Apr. 45 Feb. 8 4 10 3 64 Apr. 26 Apr. 16 45 Apr. 23 65 65 Apr. Apr. 5 4 45 Apr. 23 Mar. 19 Feb. Mar. Feb. Mar. Feb. 45 Apr. 23 54 Feb 6 53 63 43 51M 41X 78% 62% 62 X Feb. 56 Jan. 6 26 26 27 20 23 469^ Jan. 56% Jan. 4 46 % Jan. 3 789* Feb. 27 65 Apr. 5 65M Feb. 7 59 m 75 70 55 55 70 17 111 Cent & Chic St l & N o— Joint 1st & ref 5s ser a— 278,000 4 Ms series c 112,000 1,000 Allseder Steel Corp 6s 49 Sale 1963 45 Sale 15M Ind Bloomington & w 1st 4s 1940 Indiana 111 & Iowa 1st gold 4s 1950 4,000 X Alndianapol & Louisv 1st gu 4s_1956 "3",000 95 conv 1947 A deb 4s \Int Agri Corp 1st & coll ctf 5s— 6,000 Stamped extended to 1942 86,000 X a Internat Gt Nor 1st 6s a. —1952 a adj mtge 6s series a_ July 1 1952 197,000 a 1st mtge gold 5s series b. —1956 76,000 a 1st gold 5s series c 13,000 1956 248,000 944,000 168,000 597,000 63,000 41,000 683,000 836,000 24,000 22,000 95,000 O mn j J Sale 63% 17 60 m 13 X "57" 15m A O a o 63 14m j j J j J d 102 % 16m Sale Sale 103 J Sale Sale 69 Sale 11m IX 9x 9X 68 X Sale 68 m Sale 75 102 % Sale 979* 81 % 96 % 41X 43 m 1m Sale 84 Sale Sale Sale a VA 53 Sale 94 9* Sale 14% Sale Sale Sale Sale 1m 10m j1*?** Sale 65 87m Sale 85 38 Sale 33 m 35 65 65m Sale 65 X 65 m Sale Sale 65 108 m Sale Sale 103 m 104 m 25 24 101! 106! 80 82 o f a j J j J MN 156% 89 86 m 106 m X 66 m 107 Sale 102 35 25 108 103 92 m 85 75 89% 80 87 87 80 83 1639* 170 100 X 89 m Sale 106x 1089* ----- 104 Sale 105 J 104 F a 105 105 m 105 m 35 Sale Sale §5"" 92 m 90 165m 167 100 m 90 X 91 106m Sale 108m 105m Sale 4 5 Sale 84 m Sale Sale 48 Sale 42 48 43 m 42 47 46 42 % 42 m 41m 41 50 m 41M 41M 4% 82 X 83 48 45 39 m 39 m j 75 J 80 78% 82 m 82% Sale 91 82% Sale 85 44 d 819* 62 m 91 70 363* Sale 50 m Sale 39 Sale j 53 Sale j a 48 Sale 52 o M 5 a F a F a F A J"3 J 5 86 84 Sale 71m 74 Sale 87 m 50 43 9* 43 m AfN 17 a 1946 f 49m 117 a 1952 j D 1953 f a 1950 a o 25 Sale 25 m Sale 24 30 24 25 24 29m 24 25 70 51 66 108 72 9* 95 3 9§ 19 19 42M 46 % 1M 19 55 19 1 95X 57 51 Sale 41x 38m 42 X 40 m 38 40 44 m 44 m 38 ~60"~ 120 9* 100 14m Sale 14m Sale 14 x 14m Sale 20 16m 16 x 18m 13m 15% 14% 45 Sale Jan. 17 Mar. 14 100 5 1 Apr. 4 Apr. 9 Apr. 8 Apr. 3 Apr. 8 Apr. Apr. 29 Apr. 17 Apr. 18 9 Apr. Apr. 15 8 Apr. 6 Apr. 6 Apr. 1 Apr. 8 Apr. 17 5 Apr. 30 100m Apr. 25 79 4 Apr. 8 4 79 X Apr. 8 2 Jan. 39M Apr. 27 6 Feb. 28 36 Jan. Apr. 8 Mar. 11 76 75 X Apr. Mar. 5 8 90 X Jan. 11 Jan. 29 72% Mar. 30M 72M 70M 83M 8 5 73 M Mar. 30 8 Jan. 3 13 105 % Mar. 13 105M Mar. 19 101 Jan. 25 106 Apr. 3 2 105M Apr. 15 109M Jan. 23 4 14M Apr. 4 Apr. Apr. 16 80 15 83 10 168 16 Apr. Apr. Apr. 25 15 4 86 82X 46M 9 Apr. 3 Apr. 11 Apr. Apr. 23 Apr. 20 3 Apr. 2 Apr. 69% Apr. 90X Apr. 82M Apr. 37X 52M 52M 87X Apr. Apr. Apr. Apr. Apr. 4 19 1 9 10 4% Apr. 86M Apr. 84 Apr. 50 Apr. 49X Apr. 42M Apr. 42X Apr. 103 Apr. 16M Jan. 102M Feb. 11 Apr. 1% Apr. 2 9X Mar. Apr. Apr. 65 % Mar 27 10 66 18 14M Jan. 2 14M Jan. 74 % Jan. 76 X Feb. 19 Mar. 23 103M Jan. 103 Apr. 96% Jan. 95 84 Jan. Apr. 99 96% Jan. 33 X Apr. 1 2 Jan. 101 Jan. 2 5 2 18 9 23 443* Mar. 13 36M Apr. IX Apr. 479* Mar. 13 52 55 IX Jan. 6 Jan. 10 93% Feb. 959* Apr. 8 28X Jan. 39% Apr. 8 389* Apr. 4 693* Feb. 13 Jan. 28 64% 64% 106% 101 % Jan. Apr. Jan. Apr. Apr. 139* Mar. 68% Feb. 3 109 5 Mar. 13 105 Jan. 16 14% Apr. 4 54 45 45 53 45 14 13m 14 115m 117m 115 Sale Jan. 5 Feb. Feb. 16 107% Jan. 50 15 Feb. 20 50 15 105 5 80 Feb. Mar. 13 85 Jan. 25 10 168 Apr. 15 104 2% Jan. 3 8 44 4 3* Apr. 903* 853* 51% 49% 10 18 23 Feb. 20 Jan. Jan. Jan. 3 433* Jan. 2 40 Mar. 29 44 Jan. 9 6 39 Mar. 27 45 Jan. 10 1 349* Feb. 493* Feb. 16 48 12 25 9 26 2 Apr. Apr. 26 1 Apr. Apr. 22 Apr. 24 6 17 5 82 Jan. 81 Mar. Feb. 16 3 70% Apr. 11 92 Apr. 18 85% Apr. 25 1 16 39 X Jan. 5 57 Mar. 12 4 23 Jan. 2 879* Jan. 10 90 Mar. 14 4 35 Feb. 38 Apr. 5 35 32 Jan. 379* Jan. Feb. 55% Apr. 16 2 25 25 15 25 23 43 9 41 12 55X Apr. 43 Apr. 17 27 16 17 23 15% 15M 15M 15M 15% 17 17 10 50M 50 X 9 25 116 9 104 10 20 19 9 10 4 Apr. 8 Apr. 6 Apr. 5 Apr. 6 Apr. 5 Apr. Apr. 25 4 Apr. 9 Apr. 9 Apr. Apr. 25 . Apr. 22 126 % Apr. 17 8 131M Apr. 97 Apr. 24 110 3 Apr. 15 104% Apr. 18 70 Apr. 17 109M Apr. Jan. 20 Apr. 24% Apr. 203* Apr. 243* Feb. 203* Apr. 33% Jan. 29% Jan. 20 50 15 22 16 \ 15 5 22 Apr. 24% Apr. 20M Apr. 25 Apr, 20M Apr. 103 X 104 X 103X Apr. Sale 68 Sale 72 64 Apr. 109m 107X 107X 106X Apr. 64 m 67X Feb. 5 12 22 69 2 31 69% Apr. 42"" 109 15 106 Jan. Apr. 108m 107M Apr. Jan. 1029* Mar. 25 1069* Feb. 15 104% Mar. 12 106% Jan. 18 Jan. 38 51 Apr. 40M Apr. 40 Apr. 40 m 40 Apr. 16 13 Apr. Sale 12M Apr. 14 15m Apr. 13 X 13M Apr. 16 15M Apr. Sale 14% Apr. 50 49X Apr. 50 50M Apr. 116 115M Apr. 5 Mar. 30 88% Jan. 30 101 87 Jan. 11 92 Apr. 8 105X Mar. 1 107% Apr. 6 106M Apr. 30 1089* Apr. 5 82 5 15 Feb. 80 85 4 32 1 3 80 163 X Apr. 70M Apr. 11 92 Apr. 18 85M Apr. 25 49 104m 75 Sale 12 103 107 1 39M Apr. 55 Apr. 55 % Apr. 90 Apr. 34M Apr. 103 % 103 X 102% Apr. 126 % Sale 125m Sale 125M Apr. 130 X 131X 129 130m 130 Apr. 97 99 96 97% 98 X Apr. 110 1019* Jan. 2 70 107 m 1099* 102 m 2 103 19 61 29 25m 127 127m 129% 130 m 97 12M 71X 2 76X 1 103M 19 99M Jan. 12 27 Apr. Apr. Apr. Apr. 24 54 m 54 m j a 13 24 8 37M Apr. 40 34 % 26 X 52 49 m 1951 f 89 m 35 X 25 x Sale 1952 a o 11,000 Lion Oil Ref conv deb 4 ms 20,000 Liquid Carbonic 4s conv debs—1947 J d Little Miami gen 4s series a 1962 M2V 86 34m 25 17 149* 14 9* Sale 19 159* o 54 55 23 m 21 15 AfN Sale 29 m AfN afn 21% 38m 54 X 52 X 30 "26 m Sale AfN o For footnotes, see "-age 30. 25 Mn J 81,000 Libby McNeil & Libby 4s— —1955 J 55,000 Liggett & Myers Tobacco 7s 1944 a Long Dock Co 3 9*s ext to 29 30 43 m 15 j o a 17 Sale 329* 25 50 m 48 Sale O f deb 3 ms 114,600 81,000 Lombard Elec 7s serii s a 35,000 Lone Star Gas 3 ms ^ebs "26m 54 m 37 X 48 9* fa j 88 35 26 m A s 87 9* 32 37 F a Loew's Inc 86 m 30m 27 9 Apr. 3 Apr. Apr. 10 Apr. 25 8 Apr. 1 92 8 89M Apr. Apr. 6 106M Apr. 30 107% Apr. 5 108X Apr. 5 108M Apr. 104 Apr. 11 105M Apr. 26 2 102% Apr. 2 102% Apr. 2 104 1532Apr. 2 104I532Apr. 83 Lautaro Nitrate Co Ltd— 5s debenture 81 86 m 40 7,000 5s 1937 extended at 3% to 1947 j 27,000 2d gold 5* 1941 j 27,000 Lake Shore & Mich Sou g3Ms--l997 J 63,000 80 85 45 9* 14M 1% 6 Apr. 19 39% Apr. 8 4 Apr. 22 38% Apr. 8 Apr. 20 66X Apr. 6 Apr. 20 67X Apr. 2 108M Apr. 23 Apr. 1 Apr. 15 103 Apr. 163 X Apr. 2% Sale 849* 86 43 m 39 18 Mar. 14 85 83 m 83 80 o 30 11 Apr. Apr. 6 103 102m 103 102X Apr. Apr. 25 106m 107X Apr. 24 107X Apr. 24 92m Western rr— a 1st mt^e Income reg-Dec 31 1975 223,000 79,000 Lehigh Coal <fc Nav4%sser a—1954 Cons sink fund 4ms ser c 27,000 1954 15,000 i^high & n j* Eng rr 4s a 1965 -1945 12*000 Lehigh & n y 1st gu g4s Lehigh Valley Coal— 2,000 aos stamped 1944 a 1st & refunding 5s_ 1954 59,000 aos stamped 1954 Afst & refunding 5s 1,000 1964 31,000 a5s stamped. —1964 AFirst & re 1 3,000 nking fund 5s 1974 a5s stamped 21,000 1974 ASec 6 % notes extend to 1943 a6s stamped "9",000 1943 1954 39,000 Leh Vail Harbor Term 1st 5s 2,000 JLeh v (n y) 1st gu g 4ms 1940 4 Ms as en ed 19,000 —1940 102,000 Ja Leh Vai (Pa) g n con g 4s 2003 325,000 a4s assented 2003 a Gen cons 4 ms 65,000 2003 a 4mb asse it d-_ 189,000 2003 a Gen consol 5s_._ 2003 42,000 a 58 assented— 2603 68,000 10,000 JLeh Va 1 Ter Ry 1st gu g 5s 1941 5s assented1941 7,000 1965 11,000 Lex & East 1st gu 5s 34X 64X 65X 106 % 101 % 14M Apr. 102% 103 104l53jl04% a 1 103 Feb. 21 Mar 11 106m 106% 10 66 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 50M Jan. 47 43 11 . l04" 102m 87 m Sale 36 7 13m j M s 17 19 18 20% Apr. 3 99M Jan. 17 57 M Feb. 28 45M Apr. 86 X Sale 12 Sale" IX 9% 68X Sale Sale 103 101X 98 Sale 102 X Sale 97 X 92 94 92 X Sale 92% 97 9* 98 98 x 98 X 97X 41 % Sale 36 X Sale 33 X 45 m Sale 39X Sale 36m 19* IX IX IX 1m Sale 55 53 X 54 53 m 949* Sale 95 X Sale 94X 38 88 m 31 29m 68 m Sale 11 Sale 29% 90% 87 % a 60 103 13m 1% 11% 11% 8 M s 59X Apr. 10 15X Apr. 8 . 8 j 50 Apr. 46X Apr. 20% Apr. 105 % 106 % 105X 107 105 % Sale 105X Sale 105% Sale 28 a~o 45m Apr. 19 Apr. 20 20X Apr. 3 43 100m 68 J 41 ----- Sale James Franklin & Cleart 1st 4s_ .1959 J d Jones & Laughlin St'l 1st m 4 ms 1961 M s Lake Erie & Sale 14 Deb gold 5s 1955 F a t Alowa Central Ry 1st & ref 4s._1951 M S . Sale 44 X 19 73 j 1952 j 47 m Sale ----- 48 9 105X 105m Apr. 104 X Apr. 12 106 105m Apr. 15 105M 165"" Sale 100 Apr. 30 100M 77 Sale Sale 77 m Sale 9 79 76m Apr. alflu. t.7.7Sale 77 X Sale 9 76 m Apr. 36 Sale Sale 38 m Sale 35m Apr. 319* Sale 32 X 9 31 29m 31m Apr. 32M 73 X Sale 72 m 74 x 74 X 74 2 74 76 Apr. 73 m 74 74 m Sale 1 73 Sale 73 m Apr 75X 86 m 86 h 86 X Sale 89 909* 85X Apr. 16 88 Sale Sale a—1947 J Refunding 6s series a 1955 M s Int Rys of Cent Amer 1st 5s b—1972 AfN First lien & ref 6 Ms 1947 F a Kanawha & Mich 1st gu g 4s 1990 171,000 t* aK c Ft s & m ref g 4s_ 1936 a Ctfs of dep (Bankers Trust) — 31,000 114,000 Kan City South 1st g 3s_ 1950 Ref & Imp 5s 88,000 April 1950 212,000 Kan City Term 1st 4s 1960 43,000 Kansas Gas & el 1st mtge 4 ms. -3 986 Karlstadt (Rudolph) Inc— a Ctfs w w stpd (par $645) —1943 11,000 a Ctfs w wstpd (par $925) 1943 a With warrants (par $925) —1943 31,000 Keith Corp (b f) 1st ser g 6s 1946 1,000 Kentucky Central 1st gu 4s 1987 Kentucky & Ind Term 1st 4 Ms.-1961 Stamped 1961 1,000 Plain. 1961 4 m 8 unguaranteed 12,000 1961 8,000 Kings Co Elec Lt & Pow 6s 1997 Kings Co Elevated 1st g 4s 1949 Certificates of deposit 177',000 24,000 Kings Co Lighting 1st ref 5s 1954 1,000 1st & ref 6 ms 1954 78,000 Koppers Co 4s series a 1951 22,000 Kresge Foundation coll trust 4s. 1945 3 Ms collateral trust notes 16,000 1947 t Kreuger & Toll class a— a 5s Uniform ctfs of deposit..1959 152,000 —1939 18,000 * ALaclede Gas Lt ref ext 5s 16,000 Ref & ext mtge 5s 1942 Coll & re 5 Ms series c 108,000 1953 Col & ref g 5Ms ser d 35,000 -i960 Coll tr 6s series a 16,000 1942 Collatera trust 6s series b 1942 6,000 105 102 % 109 M ( Intern Paper conv 5s series debg4Ms 13% a Internat Hydro el deb 6s 1944 A Int Merc Marine 1st s f 6s— —1941 a Internat t & t 61 10 Indianapolis Union ry— Ref & impt mtge 3 ms ser b —1986 Industrial Rayon 4 Ms 1948 Finland Steel 39*s series d 1961 Inspiration Consol Copper 4s___1952 tlnterboro r t 1st & ref 5s 1966 ACertificates of deposit ♦Alftyear -&%~n©te&=^-rsssT? ---^Certificates of deposit * a 10-year 7% notes 1932 M S a Certificates of deposit 4,000 106,000 88,000 6,000 150,000 780,000 305,000 -.10,000 32,000 430,000 80,000 Interlake Iron 100M 55 __ Sale 44 20m 1963 —1948 50 22 Jan. 49% 40J* 40 393* Jan. Apr. Apr. Mar. 13 Apr. 123* Apr. 14 Apr. 13 3* Apr. 153* Apr. 149* Apr. 493* Apr. 50 Feb. 29 20 2 Feb. 1 29% Jan. 29 Jan. 9 55 H Apr. 48% Feb. 12 2 45 Feb. 2 47 Feb. 10 16% Jan. 16% Feb. 4 17 2 Jan. 4 16% Jan. 11 Feb. 19% Feb. 10 19 8 Mar. 27 Jan. Mar. 11 115X Apr. 118 Jan. 16 102% Mar. 1253* Apr. 1279* Feb. 96 Apr. 1073* Apr. 104 X Mar. 101% Jan. 64 Apr. 1063* Apr. 633* Feb. 104 Apr. 22 3 127% Jan. 131% Mar. 26 2 101 Feb. 110 Mar. 28 1049* Mar. 20 105 Mar. 21 73% Feb. 29 110 Feb. 4 67 Feb. 7 N. Y. STOCK EXCHANGE—BONDS 36 Sales in N. Y. STOCK Value pi EXCHANGE Jan. 2, 1940 ^ ?,000 Long Island 47,000 66,000 15,000 169,000 24,000 106,000 127,000 105,000 16,000 74,000 38,000 12,000 "lY.ooo 2,000 1,000 1949 M S 1949 M S 1949 M S unified 4s Guar ref gold 4s 4s stamped 1944 A O -.1951 F A Louisiana & Ark 1st 5s series A.. 1969 J J Louisville Gas & Elec 3%s 1966 M S Lou & Jeff Bridge gu g 4s 1945 M S Louisville & Nashville RR— 1st & ref 5s series B -.2003 A O 1st & ref 4%s series C 2003 A O 1st & ref 4s ser D ..--2003 A O 1st & ref 3 %s series E 2003 A O Paducah & Mem Div 4s 1946 F A St Louis Div 2d gold 3s 1980 M S Mob & Montg 1st g 4%s 1945 M »S South Ry joint Monon 4s 1952 J J Atl Knox & Cin div g 4s 1955 MN iLower Austrian Hydro-El 6%sl944 F A Lorillard (P) Co deb 7s 5sdebenture..-. 35,000 McCrory Stores Corp s f deb 5s_.1951 340,000 McKesson & Bobbins deb 5 %s. I960 52,000 Maine Central RR 4s series A—1945 Gen mtge 4 %s series A 1960 79,000 -Feb 1 1957 213,000 Manati Sugar 4s s f 181,000 t a Manhattan Ry (N Y) con g 4sl990 - a 819,000 103,000 47,000 A MN MN J D J D M N A O deposit -.--2013 J Certificates of 2s 4s D iCertificates of deDOsit Manila El 1953 Ry & Lt 1st 5s M S Manila RR South Lines 1st 4s—1959 MN 6,000 1 AMan G B & NW 1st gu 3%s.-1941 1947 19,000 Marion Steam Shovel s f g 6s Stamped 2,000 Apr 1940 42,000 Market Street Ry 1st 7s Certificatts of deposit 15,000 HMead Corp 6s with warrants—1945 5,000 301766 108,000 2,000 39,000 81,000 a 4s (Sept 1914 coupon on) —1977 Miag Mill Mach 1st s f g|7s—1956 Michigan Central iviv— Jack L & S gold 3%s 1951 1st gold 3%s 1952 Ref & Imp 4 Ms series C 1979 Michigan Consol Gas 1st M 4s__1963 t a Midland of N J 1st ext 5s 1940 t Milwaukee & Northern RR— * a 1st ext 4%s_ 1939 * a Con ext 4Kb .-1939 AMilw & State Line 1st gu AMinn & St Louis 5s ctfe Missouri-Kansas-Texas Prior lien 5s series A 386,000 Sale 87% 89 127 126 125% 125% 12733 83 85 33 110 Sale 109% 111 107% 100 92% 99 Sale 92% 85% 80% Sale 83 "77% 105 10633 104 Sale 76% Sale 78 a 104% 105 98% Sale 75% Sale Sale 40% Sale 82 Sale Sale 82 Sale 45% 83% 82% 4233 Sale 46% 45% 85% Sale 49 Sale "83% 31 "84"' 44% 85% 31% 19% "70"" 70% 44 15 "75" Sate Q J MN 51% 5533 81% 70% Sale 75 82 Apr. 4 19 104% Apr. 19 80% Apr. 4 5 77 Apr. 106% Apr. 15% Apr. 88% 20 Sate 81 76% Sate 66 Sate 111% 111% 111% *82 6% % 8633 7 ~ Sale 78 6% 7% % % — Sate Sate 68 5% % 1?8 6 Sale Prices Jan. Jan. 20 10 Jan. 24 Apr. 25 126 % Jan. 83 Jan. 108% Jan. 108% Jan. 5 2 18 110 Jan. 4 30 26 24 25 4 2 9 101% Apr. 24 4 94% Jan. 79% Mar. 102% Jan. Feb. 79 Apr. Apr. Apr. Jan. Mar. Apr. 20 111% Mar. 97% Mar. 90 Apr. 85 92% 94% 93 % 126% 129% 86% 88 Jan. 26 83 Jan. 9 104% Apr. 4 82% Jan. Feb. 2 Feb. Mar. 27 Feb. 7 Feb. 21 79 107 Apr. 6 Apr. 2 Apr. 8 Apr. 30 Apr. 23 Apr. 8 Apr. 11 Apr. 26 Apr. 11 104u3»Apr. 93% Apr. 107% Feb. 101 Apr. 8 Jan. 12 Apr. 4 Apr. 30 Apr. 30 79% Apr. 2 70% Apr. 1 19% Apr. 64% Jan. 22 81 81 66 Feb. 81 Apr. 30 83 Mar. 20 72 Mar. 24 15% Apr. 19 19 22 19% Apr. 76% Apr. 75 Apr. 72% Apr. 61 Apr. 105"" 105% 112 Sale Prices 89 1 Highest 73% Jan. 105% Feb. 15% Apr. 19 77% Apr. 12 107 Apr. 10 104ns2Apr. 26 105 93% Apr. 17 101 81 1 75% Apr. Sate 54 50 2 Apr. 46 2 Sale 40% Apr. 1 82 83% Sale Apr. 1 83 82 83% Apr. 2 53 53 46% Apr. 1 46% 46% 45% Apr. 81 Sale 50 87 10 Sate ~ " llYi 79 86 2 24 29 Apr. 11 3 101% Apr. 9 93% Apr. Sate 54 Apr. 30 Apr. 26 Apr. 11 Apr. 25 Apr. 4 Apr. 8 Apr. 2 112 97% 40% ily* 98% Apr. Sale 90 Apr. 86 86% Apr. 83 80% Apr. Sale 104 Apr. 81 79% Apr. 2 94% 10 93% 25 126 3 129 16| 86% 23 109% 26 111% 104H32105 51 41% Sale 65 111% Apr. 11 111% Apr. 30 68 Apr. 1 Apr. 26 78 6 6% Apr. 4 Apr. 25 15% Aprl 19 2 74 Mar. 81 50 Apr. 39 Jan. 78% 77% 42% 42% Mar. Feb. Jan. Jan. 55% Jan. 19 46 Apr. 23 83% Apr. 8 83% Apr. 11 53 Apr. 26 46% Apr. 11 52% Jan. 52% Jan. 103% Mar. 105% Jan. 9 Feb. 21 90 7% Jan. 15 % Mar. 28 Apr. % Mar. 31 8 17 112% Jan. 110% Jan. 68 Apr. 6 Apr. 4 Apr. 30 81 M S J M D 13 "9133 J 6533 10133 933 M S J D Sale 74 Sale 1233 D 49 75 D 27 Sale 15 Sale 1947 J 1934 MN 30% 5% 1% Sale J Sale 29 Sale 27 28% 57 47% 26 24% 15% Sale 50 53% 26% 1% M S J 55 64 73 3 133 50 j 63] Sale 18% Jan. 17 94% Apr. 19 10 104% Apr. 29 26 Apr. 1 26 103% 24% 14% Sate 102% Apr. 27 Apr. 48% Apr. 27% Apr. 16% Apr. 48% Apr. 15 25% Apr. 11 14% Apr. 30 1 15 3 8 91 % 61 % 101% 9% Jan. 2 94% Feb. 23 3 Mar. 29 66% Jan. Jan. 2 104% Mar. 11 Mar. 14 Jan. 15 30 48% Apr. 15 22% Feb. 28 13% Jan. 15 48% Apr. 15 Jan. 20 16% Apr. 8 32 73 8% 2% 2% Sale 6 5% 6% 1% 1% 56% 5% 633 2% J 104 % 5% 6% 93% Apr. 68 Sate 2 Q 96 66 73 6 M S 93% 96 60 ""7% 17 68 93% 73 6% Sale 18% Jan. 18% 70 88 MN J 15 16% S 5% Sale 2% 1% 60% 6% 1% 2% 5% 7 2 3 Sale 5 6 5% 6% 2% 2 1 % Sate Sate Sale 72 Sate Sale 27% Sate 15% 13% 13% Sate 29% Sale 29% 19 Sale 1962 14% 16% 733 Sale Sale 8% 15% Sale 13% 14% 15 Sale 2% 5% 5% 5% Apr. Apr. Apr. Apr. 2 Apr. 1% Apr. 56% Apr. 68% Apr. 27 Apr. 8% Apr. 4 4 2% Jan. 2% Apr. 24 7 Apr. 4 6% Mar. 7 8 7% Apr. 2% Apr. 16 4 8% Apr. 2 2 Apr. 2% Apr. 24 4 7 Apr. 9 6 Apr. 8 7% Apr. 2% Apr. 16 3 1 % Apr. 59 Apr. 30 74 Apr. 29 5 31% Apr. 6% Apr. 26 1% Apr. 19 59 1962 - 1st & ref g 5s ser G a Certificates of deposit 1978 MN Convertible gold 5%s 1st ref gold 5s series H a Certificates of deposit -.1949 MN 1980 A O a * 106% 10% Sale 15 a 1,000 77% 106% 80 77 52 68 a 985",000 79% 111% 81 80 111 % 7 107% 94% Sale 91% Apr. 95 93% 91% Apr. 92 33 125% Sale Sale 124% Apr. 127% 129% 128 Apr. Sale 84 84% Sale Apr. Sale 108% Apr. 109% 109% Sale 11133 110% 111% 110% Apr. 101% 93% Sale 85% 86% 82% 81% 104% Sale Prices 92% Apr. 4 Sale Prices 92 Apr. 12 "92% Sale 100% 81% 10233 8233 110% 75% J a 41,000 181,000 505,000 128% Sale O Pr lien mtge4josser D 1978 ACum adjust 5s series A Jan 1967 t AMissouri Pacific RR Co— Alst & refund 5s series A 1965 F A 243,000 A Certificates of deposit 7,000 AGeneral 4s 1975 MS 593,000 a 1st & ref series F 1977 MN 1,397,000 a Certificates of deposit 29,000 311,000 91% 91% Lowest Highest Lowest j Ask 94% RANGE SINCE JAN. IN APRIL 24 23 27 18 3 30 10 10 15 5 5 2 11% Mar. 18 11% Mar. 15 5 Apr. 19 19% 15% 16% 8% Jan. Jan. Jan. Jan. 2 4 2 4 4 13% Jan. 12 21 % Apr. 4 Jan. 4 5% Jan. 15 1% Jan. 2 1 Jan. 22 4% 4% 4% 1% 1% Jan. 23 Jan. 23 Jan. 23 Feb. 19 Jan. 17 53 Jan. 10 59 Feb. 20 26 Feb. 27 12 Mar. 16 Mar. 2 7 59% Feb. 28 74 Apr. 29 32% Mar. 20 RR 40-year 4s series B 129,000 71,000 137,000 96.000 92 88 % A 3%s 1941 J a 1st & refund gold 4s 1949 32,000 a Ref & ext series 5s A 1962 1,000 182,000 t*aM St P & 8 S M 4s stpd guar.1938 *Alst cons 5s 1938 27,000 * Alst cons 5s grd as to int 1938 137,000 a 1st & ref 6s series A 1946 22,000 a 25-year g 5%s 1949 26,000 Alst ref 5 %s series B 1978 10,000 1 AMissouri-Illinois RR 5s ser A- .1959 54,000 1990 152,000 Mo Kan & Tex 1st g 4s April 30 Ask Bid 92 M S ?T,66o !a Mil Spar & N W 1st gu 4s | Bid 913-3 89 J 38,000 Metropolitan Edison 4%s ser D.1968 M S 11,000 Met Water, Sewer & Drain 5%s-1950 A O 16,000 *t AMet West SideElev (Chic) 4s 1938 F A A Mex Internat 1st 4s asstd 1977 M 5 A ' April 1 Ask Bid 153,000 PRICES Price BONDS April 1st & ref 5s series I 1981 FA a Certificates of deposit Mo Pac 3d 7s ext at 4%-July 1938 j"J 14% 13% 3% 14% 13% 1433 13% 2% 1433 13% 14% 13% 66 14% 6% Sale Sale 21 14% Sale 14% Sale 1533 70 Sale 3 20% Sale 21% 20% 21% Sale 21% 20% 1% Sale Sale 21 20% 20% 20% Sale 21% 20% 79 75 Sate 5 19% Sate 19 20% Sale Sale 14% 14% 2% 19% Sate 19 Sate 19% Sal<4 Sale 19 1% 19% 1% Sate 14% Apr. 19 13% Apr. 27 13% Apr. 25 5 Apr. 19 17% Apr. 15% Apr. 15% Apr. 7 Apr. 19 21 % Apr. 19 Apr. 19% Apr. 18% Apr. 2% Apr. 19% Apr. 18% Apr. 19% Apr. 18% Apr. 1% Apr. 19% Apr. 26 3 19 19 26 21% 21% 20 21 % 24 21% 19 1 % 22 21 % Apr. Apr. Apr. Apr. Apr. Apr. Apr. 5 26 1 4 4 3 3 8 4 19 19% 19% 19 75% Sale 19 14 2% Mar. 5 13% Jan. 12 13 % Jan. 12 ir 13.3 Jan. 12 Jan. 9 Mar. 23 Jan. 9 15% Jan. 13% Jan. 18 Apr. 19 18% Apr. 26 75% Apr. 30 21 % Apr. 21 % Apr. 3 14 Jan. 4 75% Apr. 30 68 Jan. 15 22 12 4 12 20% Mar. 28 4 Jan. 3 21% Apr. 21% Apr. 21 % Apr. 21% Apr. 2% Jan. 21 % Apr. 20% Mar. 28 21 % Apr. 4 21% Apr. 3 75% Mar. 11 tMobile & Ohio RR— 88,000 a Montgomery Div 1st 363",000 a Refunding & Improv't 4%s_1977 g 5s—1947 F ^Certificates of deposit A M S Av.ertiiicates of deposit. 95,000 * a Sec 5% notes 1938 M S 255,000 ACertificates of deposit 69,000 1991 M S 1,000 Mohawk & Mai 1st gu g 4s 3,000 H Monongahela Ry 1st M 4s str A1960 MN 2233 Sale "2833 Sate" 33% Sale 23 % Sale 21 32% 32% 39% 39% Sale 35 Sale 32 59 106 109% 109% 110% 111% 18 25% Apr. 5 20% Jan. 19 8 33 4 26% Jan. 18 30% Mar. 26 39% 40 38% Apr. 38% Apr. 29 34% 33% 41 % 40% 8 32 9 53 31% 38% 38% 54% 52 105% 106 ----- Apr. 31 % Apr. 31 % Apr. 54 38% Apr. 24 51% Jan. 12 22% 23% Sate 110 Apr. 106% Apr. 106% 107 17 24 5 15 Apr. Apr. Apr. Apr. 54 Apr. 106% Apr. 5 15 Jan. 15 25% Apr. 5 34% 33% 41% 40% Apr. Apr. Apr. Apr. 8 55 Mar. 8 8 107 Jan. 4 8 9 25 105 Jan. 109% 109% 99% 75% 55% 3 110% Feb. 17 Jan. 8 112% Apr. 13 Jan. Mar. 11 102% Apr. 30 86 Jan. 17 Apr. 22 9 56% Jan. 8 Jan Monongahela West Penn Pub Serv— 1st mtge 4%s .1960 46,000 6s debentures 1965 61,000 865,000 Montana Power 1st & ref 3%s.-1966 4,000 Mont Tram 1st & ref 5s series A.1941 General & refunding 5s A1955 Gen & ref 5s series B Gen & ref s f 4%s ser C Sale 51 1955 60 51 1,000 Mutual Union Tel 5s 41% MiV MN J D MN _ F A J J J D Sale 40 Sale 36% 108% 116% 101% Sale Sale 67% Sale Sale MN 106 Sale M S 104% Sale warr & rets No 4 on .1926 A 0 April 1914 coupon on 1951 A O 4s April 1914 coupon off 1951 A O a Assent warr & rets No 4 on 1951 A O 5,000 1965 A O 238,000 National Steel 1st M 3s. 1954 J D 140,000 Nat Supply 1st mtsre 3%s Newark Consol Gas 5s 42,000 t a New England RR a cons % % % 1% 1% 1% % % % 102 % Sale 68 73 123 124 1948 J D J 33% 1945 J J 35 For footnotes, see page 30. 69 % 101 Sate Sale 56% Mar. 15 8 41 Mar, 30 Apr. 24 5 33% Apr. 109% Apr. 18 118 2 Apr. 3 101% Apr. 35 31 Anr. 16 Mar. 16 Apr. 19 44% Apr. Apr. 16 39 Apr. Apr. Apr. Apr 17 68% Apr. 88% Apr. 53% Apr. 17 2 8 3 1 70% Apr. 1 101 Apr. 30 8 1 55% Apr. 54% Sale 102% 103% 106 106% Sale Apr. 22 107% Apr. 106% Sate 105% Apr. 16 106% Apr. Sate % % % 2% 5s guarl945 J Cons guar 4s -1954 MN % % % % % 4s 1,000 t a Naugatuck RR 1st g 4s Sale Sale % % O a Yi",666 Sale Sale Sale i O Assent 70% 88% 53% 102% 107% 103% 1 O a 56 56% Mar. 15 47% Jan. 11 44% Jan. 10 Jan. 4 107% Jan. 29 109% Apr. Feb. 117% Mar. 29 120 101% Jan. 10 101% Jan. 18 66 Jan. 43% Jan. 42% Jan. 102% Feb. 106 Jan. 104 Jan. 39 6 3 70% Jan. 25 Apr. 30 3 101 55% Apr. 2 8 5 5 102% Feb. 2 107% Feb. 14 8 3 106% Apr. 18 1 A A 56 70% "42"" Sale 41% 41% Sale 35 38% 37% 38% 37% 31 32% Sale 32% Sate Sate 109 108% 109% 109 117 119 117% 117% 118 101% 103 101% 101% % A a Assent warr & rets No 5 on 1977 A Nat RR of Mex prior lien 4%s— * 44 42 42% 102% ... 8 110% Apr. 30 109% Apr. Sale 110 Apr. 24 112% Apr. 13 Sate 9 102% Apr. 30 100% Apri 75% Apr. 22 75% Apr. 22 75% 53% 68 51 Sate 79 79 "48"" 1941 MN 34,000 Nashville Chat & St L 1st 4s A. 1978 98,000 Nassau Elec guar gold 4sstpd-.-1951 Certificates of deposit 535,000 National Acme 4%s extended 1946 295",000 t National Dairy Prod deb 3 %s ww'51 Nat Distillers Products 3 %s 1949 116,000 National Rys of Mexico— a 4%s Jan 1914 coupon on.1957 a 4%s July 1914 coupon on_1957 a 4%s July 1914 coupon off. 1957 1,000 a Assent warr & rets No 4 on 1957 14,000 a 4s April 1914 coupon on 1977 a 4s April 1914 coupon off..-.1977 "Y,66o 1,000 nH 72 1955 2000 134,000 Morris & Essex 1st gu 3%s Constr M 5s ser A 1955 153,000 Constr M 4%sserSB_ 1955 242,000 90,000 Mountain States T &rT 3%s_--.1968 1947 12,000 Mutual Fuel Gas 1st gu 5s 3,000 Sale 85 1955 Gen & ref s f 5s ser D , 100 110% 110% Sale 111 111% 102% 100% Sale 72% "50"" 52% 60 Sale % % 1 1 Apr. 30 % 26 Apr! 16 % Apr. 26 % Apr. 22 1% % 3 Sate Apr. 30 % Apr. 26 % Apr. 16 % Apr. % Apr. 1% Apr. 13 % Apr. 30 26 „ Apr. 15 Apr. 30 % Apr. 26 % Jan. 3 % Apr. % Apr. YilZ% Apr. 26 29 1 % Apr. . - _ 13 % Apr. 30 % Apr. 15 % Feb 23 2 104% Apr. 30 Jan. 102% Mar, 12 104% Apr. 26 30 Apr. Apr. 13 36 Jan. 4 13 34 Jan. 20 12 Apr. 30 % Apr. 26 % Jan. 19 26 22 Apr. Apr. Apr. 26 1 % Jan. 25 % Apr. 30 29 1% Apr. 13 % Apr. 30 % % % Apr. 22 % 9 104 % Sale 104% Sale 102% Apr. 1 104% 103% 103% 104% 105% 103% Apr. 71 71 71 66 71 Apr. 12 124% 124% 42 42 43% 39% 60 44% Apr. 43 44 41% 40% Apr. 39% 41 103 1 102 70 Jan 123% Jan. 71 Jan. 11 13 124% Jan. 31 43% Apr. 13 43 13 19 Apr. Mat, 1940] N. Y. STOCK Sales in Value Jan. 2, 1940 N. Y. STOCK EXCHANGE $ Bid 45,000 New England t & t 30-yr 5s a 1952 57,000 1st g 43^s series b 1961 n j Junction rr gu 1st 4s 1986 21~,666 n j Pow & Light 1st 4%s 1960 25,000 New Orleans Great Nor 5s ser a 1983 23,000 n o & n'eastern ref 4 mis ser a .1952 61,000 New OrleansP s 1st & ref 5s a--1952 71,000 1st & ref 58 series b 1955 52,000 New Orleans Term 1st 4s guar. >1953 8,000 t*an o Tex & Mex income 5s—1935 1,000 ACertificates of deposit 34,000 iFirst 5s series b 1954 20,000 ACertificates of deposit 9,000 list mtge gold 5s series c 1956 15,000 ACertificates of deposit 23,000 Alst 4%s series d 1956 1,000 ACertificates of deposit 87,000 Alst 5%s series a 1954 32,000 ACertificates of _ J d mn F _ 196,000 499,000 1,628,000 535,000 217,000 198,000 157,000 49,000 22,000 221,000 961,000 196,000 gen gu g 52 m Sale li* 105m 106 105m Sale 67 68 m 29 m liV*> 28 A O 34m 37 f A 35% Sale f A 32m Sale A O April 1 Bid 126% 37 % "40"" 107'" ::::: Ask Highest Sale Prices 126m 127 m 126m Apr. Sale 126 m Apr. 128 "71" RANGE SINCE JAN. Lowest April 30 Ask Bid Sale 128 ~70"" 69 1945 4%b 129m 107m deposit Npt & Oin b Ask 127 125% a _ 1,000 PRICES IN APRIL Price BONDS April 37 EXCHANGE—BONDS 5 3 Highest Sale Prices Sale Prices 10 127m Apr. 11128 m Apr. 1 Lowest Sale Prices 125% Mar. 7 128M Jan. 124M Jan. 17 128 M Apr. 10 3 Jan. Feb. 30 23 Apr. 8 70 106% 108 % 107 m Sale 9 107m Apr. 106m Apr. 75 m Sale 75 75 Apr. 10 76 Apr. 56 58 m 57 m 55m Apr. 29 59 Apr. Sale 105 104% Sale 3 105m Apr. 104m Apr. Sale 105 103 m Sale 103 m Apr. 16 106 Apr. Sale 68 67 % 69 9 67m Apr. 69m Apr. 31 Sale 31 33 % 25% 1 33 Apr. Apr. 32 30 9 30 Apr. Apr. 36 m Sale 37 38 36 m Apr. 1 39m Apr. 35 35m 37% 5 37m Apr. 37m Apr. 36% 40 37% 9 37m Apr. Apr. 36 35 38 36 4 Apr. Apr. 34 m Sale 34 Sale 32m Apr. 19 Apr. 27 m 27 m 32m Apr. 13 Apr. 38 m Sale 37 36m 38m Apr. 29 40 Apr. 29 % 35 35m 38 4 38 m Apr. Apr. 111 111m 111m Apr. 25 111JS Apr. It* !p in 30 105M 3 69M 53 % 8 8 102M 10 103 % 4 66M 27 M 8 25 9 8 30 29 5 3 30 8 32H 28 1 13 29 4 31M 15 33 25 Ill 109 Mar. Jan. Jan. Jan. Apr. Jan. Feb. II* 105M Jan. 106 % Jan. 71M Feb. 33 Mar. Jan. 30 Jan. Jan. Feb. 39 % Apr. 37 M Mar. 19 37 M Mar. 18 Jan. 37 Feb. Apr. 8 Feb. 36 M Mar. 14 Feb. 32 M Apr. 13 Mar. 14 40 Feb. 38M Apr. 15 1UH Apr. 25 Jan. Jan. New York Central rr— 1998 10-year 3 ms secured s f Rer & impt 4%s series a Ref & impt 5s series c Conv secured 3 ms n y c & h r gmtge3Ms-_ Debenture 4s of 1912 61 Sale 60 1946 2013 2013 1952 Consol 4s series a 74 h sale 77m Sale 52% Sale 55 J 1997 Sale 61 Sale 78m 79m j 1942 1998 F 1998 F Lake Shore coll g 3ms Mich Cent coll g 3 ms Sale 60 m afn 86 Sale a 59 Sale 65 Sale a 58 m Sale 58 m 81 Sale Sale 53 Sale 59 Sale 58 m Sale 57 Sale 58 Sale 76 m Sale Sale 77 m Sale Sale 61m 57 m 93 m 58 m 56m 59m 58m 94 m 59m 58 Apr. 30 1 77m Apr. 51m Apr. 19 58 Apr. 19 1 56m Apr. 1 76m Apr. 92 Apr. 15 59 Apr. 57 % Apr. 2 9 5 62m Apr. Apr. 30 53m Apr. 15 4 61m Apr. 4 61m Apr. 81 79 8 Apr. 95 6 Apr. 61m Apr. 12 59 5 Apr. 56 M Jan. 23 74M Jan. 51M Jan. 2 22 57 15 Jan. 55 M Mar. 26 74 Mar. 86 56 Jan. Jan. 5 2 17 56 M Feb. 27 5 62% Apr. 81 Apr. 30 3 56M Jan. 4 62 M Jan. 2 63 % Jan. 79 H Jan. 30 95 Apr. 6 61M Apr. 12 60 Jan. 30 New York Chicago & St Louis— Refunding 5%s series a 1974 a o Refunding 4ms series o 1978 m s 1946 f 4s collateral trust a 44,000 1st mtge 3 ms extended to 1947 148,000 3-year 6% notes 1941 44,000 n y Connecting 1st gu 4ms a-_ 1953 5,000 1st gtd 5s series b -1953 164.000 n y Dock 1st gold 4s 1951 89,000 Convertible 5% notes 1947 114,000 n y Edison 3 ms series d 1965 52,000 1st lien & ref 3 ms series e—1966 ii* ?i* Sale 64 m 55 h Sale 81M 84 W* 81 77 Sale 107 107m 52 m 105m 105m 107 52 Sale 49 m Sale 109 Sale 109 Sale 50 109m 109m Sale Sale 64m Apr. 1 68 m Apr. 8 Sale Sale 54 m Apr. 19 59 % Apr. 8 Sale Sale 1 81m Apr. 85m Apr. 15 84 m 87 m 3 84m Apr. 87m Apr. 15 83 83 Sale 82 m Apr. 25 86 Apr. 12 Sale 106m 107 9 107 m Apr; ~12 106m Apr. 108 m 107% 108 m 107m Apr. 17 108 m Apr. 26 53 55 m Sale 51 Apr. 11 56m Apr. 25 Sale 54 % 1 56m 50 Apr. 57m Apr. 25 Sale 109m Sale 4 108m Apr. 10 110 Apr. 61M 53M 77M 81 % 78 M 104% Jan. Jan. Jan. Jan. Jan. Jan. 106 Feb. Sale 108% Mar. it* It* 110m Sale 108m Apr. 9 110m Apr. 30 50M Jan. 47 Jan. 15 22 20 19 3 68M 59 Vs 85 M 87 M Apr. 86 8 Jan. 3 Apr. Apr. 15 15 Jan. 25 16 107M Apr, 12 15 108 H Jan. 31 15 56 M Apr. 25 Apr. 25 4 5 110M Apr. 30 124 % Mar. 26 126M Jan. 116 Apr. 10 118M Feb. 23 108 Feb. 24 57 M Apr. 26 110 n y & Erie—See Erie rr. 14,000 n y Gas el Lt Ht & Pow 5s___1948 j 37,000 Purchase money coll tr g 4s_>1949 F 15,000 2,000 5,000 7,000 5,000 ict.ooo 18,000 24,000 103,000 81,000 232,000 a 125m Sale 117m aN y & Greenwood Lake 5s—1946 mn n y & Harlem g 3Ms 2000 n y Lack & Western 4s ser a_.1973 Guar 4ms series b 1973 an y l e & w Coal & rr 5ms-1942 a Dock & impt 1st 5s 1943 nyjt Long Branch gen 4s 1* aN y & n Eng (Bost Term) 1941 4sl939 i aN y New Haven & Hartford— ANon-conv debenture 4s 11m 13m mn 100 h 102 mn 53 m Sale mni 62m 65 mn 61 j j 63 "75" 75 m S a o 75% 99m 1947 m s ANon-conv debenture 3 ms—1947 a ANon-conv debenture 3 ms 1954 a ANon-conv debenture 4s 1955 j J ANon-conv debenture 4s 16m o o 1956 mn 196,000 AConvertible debenture 3 Ms. -1956 741,000 AConvertible debenture 6s 1948 132,000 ACollateral trust 6s_. 1940 74,000 a Debenture 4s -1957 513,000 Alst & ref 4 ms ser of 1927 1967 84,000 t AHarlem r & Pt Ches 1st 4s_1954 148,000 t an y Ont & West 1st g 4s 1992 7,000 a General 4s 1955 22,5o6 D 1i* llH 109 m 31,000 73,000 746,000 388,000 82,000 139,000 116.000 68,000 43,000 1940 gold 5s ATcrminal 1st gold 5s 1943 1967 1946 6s stamped ---—1946 j*aN y Westches& Bos 1st 4ms 1946 Niagara Falls Power 3 Ms 1966 Niag Lock & Ont Pow 1st 5s a..1955 Niagara Share (Mo) deb 5 Ms. .1950 *t ANorfolk South 1st & ref 5s a. 1961 ACertificates of deposit *1 ANorfolk & South 1st g 5s 1941 Norfolk & West Ry 1st con g 4s.1996 North Amer Co deb 3Ms ---1949 Debenture 3 ms 1954 106 m 108 m 104 m 106 f Sale 9m 6m a 9 mn j 42 J J d j" 110m 86 88 m J 4% 110m 109 m 103 m M s a o mn F Sale a Sale Sale mn a 57 o North Cent gen & ref 5s ser Gen & ref 4mb series a A 106m a Sale 1959 F Debenture 4s F F a Sale a. .1974 m s 105m 117 1974 M 8 17H Apr. 18m Apr. 17m Apr. 1 20 3 Sale 18 18 Apr. Apr. 1 18% 1 18m Sale 17 m Apr. 1 20 21 Sale 24% 36m 6m 50 5m 21m 60 m m 3m 20 72 m Apr. 19 32 "54" 10 Sale Sale o 72m Apr. Sale Sale o 90 75 Sale Sale d 70 72 m 79 18 18 3 83 m 46 19m Sale 33 Sale 18 22 Sale 3 Sale Sale 43 m Apr. 5% 64 70 Sale 5% Sale 71 43 m 109 % 106 m 106m 27 28m Sale 15 10 m 10m 12 % 11m 10m 106 Sale 54 Sale 28m 14m Sale 59 110m 111m 110k Sale 88 m 90 m 88 m 90m 92 91 91m 90m Sale 5m 5% 110m 111m 112m 110 107 % 107m Sale 103 m Sale 103 m Sale" Sale 17 14m Sale 14m 17m 16m 13m 68 79 77 71% 125 m Sale 124m Sale Sale 107 106 m Sale Sale 106 106m Sale 107 108 107 m 108 m 116 30 5 6 13 65 71 16 15 15 12 2 60 Jan. 8 64 Feb. 23 80 Apr. 15 Feb. 26 67 Feb. 28 Jan. 30 72M Mar. Jan. 20 Mar. 18 Jan. 17 15M Mar. 19 16 Jan. 17 6 15 Feb. 8 18M 28 M 4% 17 M Jan. Jan. 24 6 Mar. 19 60 Jan. 24 5M Feb. 2m Feb. 27 16 8 18 4 12 19 Apr. 6 Apr. 25 18 15 8 13 14 17 100 8 6 Apr. Apr. 26 109m Apr. 108 107m 108m 104 105m Sale 105m 107 114 23% 68 m 7% 3m Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 11% Jan. 99 M Feb. 53M Jan. 60 Apr. 80 Apr. 12 Mar. 13 13 20 19% 19M 20 M 20 M 20 24% 36 M 6M 23 M 68 M 8% 4M Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Mar. Mar. 8 5 6 13 8 8 6 8 13 16 8 18 15 14 85 m Sale" 109m 110 60 1 5% 35 m 21 4 20% Sale 20m Apr. 29 2 33 Apr. 5 2 Apr. 20m Apr. 29 62 2 Apr. 5m Apr. 29 3 Apr. 16 Sale 7m 9 6 Apr. 100 Apr. 25 57 H Apr. 23 2 61m Apr. 80 Apr. 15 19% 19 m 20 m 20m o J 77m 99m Apr. 25 56m Apr. 24 60 Apr. 18 80 Apr. 15 27 14 18m 18 % j D mn m s 62 62 1 Sale mn Sale 58 12 m Apr. Sale a Sale 13 % 16m 99 m 101m 56 m 57 m 1 126 Apr. 10 117 m Apr. 17% 17 m 17 m Sale _ AGeneral Sale 98m 100 56 58 m 58 61m 68 m 65 m 90 m 72% 75 77 99% j t aN y Prov & Boston gen 4s—1942 a n y & Putnam 1st con guar 4s. 1993 a n y Tel ref 3 ms series b n y Trap Rock 1st s f g 6s 12 m J j 185,000 New York Steam Corp 3ms----1963 r 183,000 t* any Susq & West 1st ref g 5s. 1937 J * ASecond gold 4 ms 1937 f a 31,000 28,000 1,000 26,000 307.000 34,000 Sale 125m 124m Apr. 117m 117m 116m 117m 116 Apr. 17m 21% J 13,000 n y & Queens el Lt & Pr 3 Ms. -1965 m N New York Railways Corp— 1,000 Prior lien 6s stamped 1958 J j 6,000 n*y <fc Rich Gas 1st 6s a 1951 mn 35,666 124 m 14* 5 110 107m Apr. 105m Apr. 8 107 M Apr. 3 106 Apr. 106 Apr. 10 107 M Apr. 26 m Apr. 26 29 Apr. 8 24 8 4 10 9 2 Apr. 11M Apr. 55 1 Apr. 23 60 Apr. 5 110m Apr. 12 111M Apr. 90 Apr. 16 90 Apr. 16 90 % Apr. 2 92 Apr. 22 3 4m Apr. 5M Apr. 25 110m Apr. 18 112 9 Apr. 9 108% Apr. 11 107m Apr. 6 104 103H Apr. Apr. 11 1 18 M Apr. 27 14% Apr. 14 m Apr. 2 17M Apr. 27 70 2 79 Apr. Apr. 27 124 m Apr. 1 125 M Apr. 13 106m Apr. 19.107M Apr. 8 105 m Apr. 16 106 M Apr. 24 107 m Apr. 6 108 M Apr. 22 _ 43 Mar. 15 107 % Feb. Jan. Jan. 9 16 106M Jan. 104M Jan. 108M Jan. 23 106 Mar. 28 104 9 Jan. 5M 5M 39M 109 M 85M Jan. Jan. Jan. Jan. Jan. 107 % Apr. 8 Mar. 14 30 Mar. 8 12 Mar. 14 14 87 Jan. 62% Mar. 14 5 111% Apr. 90 Feb. Mar. 9 Apr. 22 8 6M Jan. 92 4M Apr. 110 Jan. 107M Apr. 112 Feb. 7 109 Jan. 20 102 104 Jan. 11 Feb. 11M Jan. 10 18M Apr. 27 17M Apr. 27 Feb. 54M Jan. 79 Apr. 27 8 125 M Feb. 107 M Apr. 8 106 % Jan. 19 121 % Mar. 104% Jan. 105 M Feb. 105H Jan. 114 114 108 m 107m 52 20 110 107 M Jan. Jan. 108% Apr. 22 29 114 Jan. 29 31 107 % Feb. 21 ^Northern Ohio ry— 7,000 a o 61 guarantee) 1945 a ACertificates of deposit Northern Pacific prior lien 4s. .1997 Gen & lien ry & Id gt 3s. Jan 2047 Ref & impt 4Ms series a 2047 Ref & impt 6s series b 2047 Ref & impt 5s series c 2047 Ref & impt 5s series d 2047 Northern States Power 3 ms 1967 n'western Teleg 4mb extended.1944 o 41 Alst gtd g 5s . Alst mtge g 5s 1945 (stamped cancel¬ lation of 5,000 453,000 244,000 213,000 1,123,000 92,000 129,000 151,000 _ 40 68 m Sale 65 Sale 68 m 42 Sale 40 m 46i Sale Sale Sale 42 m 49 57; Sale 43 m 55 Sale 59 49 Sale 48 Sale 49 Sale 46 m Sale 109 m Sale Sale 52 m 52 Vs 109 m 95 7m 9h 108m Sale 26,000 Ontario Transmission 1st 5s 1945 9,000 Oregon rr & Nav con g 4s 1946 15,000 Oregon Short Line 1st con g 5s_.1946 1st guar cons 5s stamped 22,000 1946 139,000 Ore-Wash rr & Nav 1st & ref 4s 1961 1962 1946 12,000 Pacific Coast Co 1st g 5s 1964 95,000 Pacific Gas & el 4s series g 1st & ref mtge 3 Ms series h..1961 108,000 1st & ref mtge 3 ms series i—.1966 67,000 For footnotes see page 30. 109m 90 21,000 1 AOgden & Lake Ch 1st guar g 4s 1948 Ohio Connecting Ry 1st 4s 1943 116", 000 Ohio Edison 1st mtge 4s 1965 52,000 1st mtge 4s 1967 115,000 1st mtge 3ms ----1972 63,000 Oklahoma Gas & Elec 3 ms 1966 4s debentures --1946 14,000 61,000 Ontario Power n f 1st 5s 1943 119,000 Otis Steel 1st mtge 4ms a Sale 6m Sale 514 59 Apr. 11 61 Sale Sale Sale Sale Sale Sale Sale 95 6m 40M Apr. 65 Apr. 40 M Apr. 43 M Apr. 55 Apr. 48 Apr. 46 M Apr. 109 H Apr. 5% Apr. 18 6M Apr. 109 110 Sale Sale 106m 109 m Sale 108 108 % Sale 109 m 109 % Sale 108 106 105 Sale" 105 m 117m 105 110m Sale 116 117 118 % 105 % Sale 76 h Sale 59 45 Mar. 40M Apr. 63% Mar. 39 M Feb. 42 Jan. 53 Jan. 46 Mar. 45% Mar. 108 Feb. 5% Apr. 107 m 107m 106M Apr. 24 108 Sale 109 108% Apr. 12 110 107 % Apr. 1 109M 109m Sale Sale 108 M Apr. 18 109M 109 106 106 Apr. 11 106 105m 104M Apr. 1 105M 105 104 m 117m 104M Apr. 18 105 111m 111m 111M Apr. 17 111M 117m 116M Apr. 16 116M 117 107.9 113 112m 1 108 vs 108 106 110 30 40M Apr. 29 69M Apr. 26 43 M Apr. 8 49 Apr. 30 59 M Apr. 6 52 % Apr. 30 52 % Apr. 30 110 6 Apr. Sale 108 n 106 m Apr. Sale Sale Sale 108 m 109 m 117m 111m 111m 117m 118m Sale 106m Sale 74 m Sale 1 61 Apr. 30 ----- 108 Feb. 1 106 M Apr. Apr. 3 108 M Jan. Apr. Apr. 30 106 % Jan. 3 108 % Apr. Apr. Apr. 11 105% Jan. 3 103 M Mar. Apr. 2 104% Apr. Apr. Apr. 24 110M Jan. Apr. 24 116M Jan. 118 118m 117% Apr. 20 118M Apr. 1 117 % Apr. 106 107 m Sale Apr. 24 107 M Apr. 5 104 M Jan. 74 75 m Sale Apr. 10 76 9 73 % Jan. Apr. 58 m 58 m 8 60 m 95 m 58 M Apr. 22 60M Apr. 113 Sale 1 113 M Apr. 112m Sale 8 112M Apr. Ill 112m Sale 9 112 M Apr. 30 111m Sale Apr. 109 % Apr. 24 110M Apr. 109m Sale 109m 110 4 58 M 111M 109M 107 M Apr. Mar. Jan. Jan. 40 M Apr. 69% Apr. 43 M Apr. 49 Apr. 60 M Jan. 52 M Apr. 52% Apr. 110 Apr. 29 26 8 30 8m Jan. 23 108 M Jan.! 4 30 30 6 2 109M Jan.|| 5 110 Apr. 3 109 % Apr. 30 110% Jan. 11 107 Feb. 9 Jan.fll 2 105M Feb. 111M Mar. 4 118M Mar. 26 108 % 119 Mar. 18 5 107 % Apr. Feb. 77 5 60% Jan. 27 113% Mar.|18 112M Jan. 10 4 110% Apr. 28 N. Y. STOCK EXCHANGE—BONDS Sales in Value II js BONDS April N. 7. STOCK EXCHANGE 3 77,000 13,000 37,000 36,000 gold 5s 1938 Pacific Tel & Tel 3 3*s series B..1966 Ref mtge 3 3*s series O 1966 Paducah & Illinois 1st s f 43*S-_1955 Panhandle Eastern Pipe L 4s A -1952 Paramount Broadway Corp— 1st mtge s f g 3s loan ctfs--.-1955 J A *A2d extended 26*060 1940 Bid $ 10,000 ♦iPacific RR of Mo 1st ext 4s.. 1938 P A O 3D 3 J M S F April 1 Ask 75 68 80 80 Bid 753* 109M 109 M 110M 110M 1013* - 104M 105 111 iiOM 513* 83 H 84 M 44 86 M 88 Sale M S 1 673* Sale 4 Apr. 30 80 46 m 125 69 M 89 46 M 126 70 Sale 53 3* 50M Apr. 16 Sale ..... Sale 25 110M Apr. 24 112 Apr. 8 102 M Apr. 12 105 Apr. 102M Apr. 103 M Jan. 51 Vs Apr. 26 Apr. 22 Apr. 2 Apr. 22 101M Apr. 23 102 106 Apr. 27 106 Apr. 18 Apr. 27 87 M Apr. Mar. 108M Jan. 109M Jan. Apr. Apr. Apr. Apr. Sale Prices 80 Apr. 30 75 Jan. 24 74M Feb. 74 11 90M 43M Apr. 10 47 125 Apr. 22 125 70 M 69 M Apr. 90 Highest Sale Prices Sale Prices Sale Prices 77M Apr. 102 M 104 M 64 125 Ask Sale Sale 50 M 41M Lowest 75 M 110 110M 104 50 124 80 Lowest Highest 109M Apr. 10 110M 111M 111M 110M Apr. ' 112 102M 1013* 102M Apr. Sale 104M Apr. 22 105 104 M 104 54 1093* 48 M O M S April 30 Ask Bid 77 M A A Pennsylvania Co— Guar 33*s coll tr ctfs ser B—1941 Guar g 3 Ms tr ctfs ser O 1942 Guar g 3 Ms tr ctfs ser D.__—1944 40-year guar tr ctfs 4s ser E.-1952 28-year 4s 1963 Penn Dixie Cement 1st 6s A 1941 Penn Glass Sand 1st mtge 43*8-1960 Penn Ohio & Detroit RR— | 73 M S Paramount Pictures Inc— 245,000 3 3*s conv debenture —1947 23,000 Parmelee Trans conv deb 6s 1944 2,000 Paterson & Passaic G & E 5s.—1949 22,000 APaulista Ry 1st & ref 7s ser A.. 1942 RANGE SINCE JAN. PRICES IN APRIL Price Jan. 2, 8 48M Jan. 25 51M Apr. 26 84M Jan. 90M Apr. 22 Apr. 2 42 124 3 Mar. 16 47 Jan. 9 126 67M Jan. Apr. 8 19 8 15 2 72 Mar. 15 Feb. 20 „ 10,000 2,000 35*666 86,000 30,000 5,000 205,000 F A 102 M J D J D 1043* 1053* 106 104M 104M MN F A M S J D 1st & ref gold 43*s series A—1977 A O 43*8 series B ---—1981 J 258*666 Pennsylvania Power & Lt 3 Ms—1969 F A 99,000 43*s debentures 1974 F A 9,000 Penn RR consoi gold 4s .1943 M N 45,000 Consol gold 4s -1948 AfN 9,000 Stamped dollar bonds. 1948 MN 249,000 Gen mtge 3 Hs series C-._—1970 A O 48,000 Gonsol 43*8 issue of 1915.-.-I960 F 510,000 General 43*8 series A 1965 J 128,000 General 5s series B 1968 3 278,000 Debenture gold 4 3*8 - - . 1970 A General 4Ms series D_ 149,000 1981 A -151,000 --Gen mtge .4 Ms series40i^i.-i.1984 [J! 302,000 Conv deb 3 Mb -——-1952 A 31,000 Peoples Gas & Coke 1st 6s 1943 A 95,000 Refunding gold 5s...-----—1947 M S 138,000 APeoria & East 1st cobs 4s 1946 A O ACertificates of deposit— 1,000 30,000 Alncome 4s (flat) —1990 Apr 4,000 Peoria & Peldn Un 1st 5Mb A..1974 F A 162,000 Pere Marquette 1st 5s series A. -1953 3 J J 72,000 1st 4s series B ;—- -1956 J 75,000 1st g 43*s series O—----—-1986 M S J D 467,000 Phelps Dodge conv 3 Ms deb 1952 1,000 Called bends.; 16,000 Phila Bait & Wash 1st g 4s 1943 8,000 General 5s series B____ 1974 General g 43*s series O 14,000 1977 General 4Mb series D 24,000 1981 184,000 Phila Co secured gold 5s 1967 112,000 Phila Electric 1st & ref 3 Mb 1967 247,000 tAPhila & Read O & I ref 5s_—1973 126,000 AOonvertible deb 6s ---—1949 43,000 t * APhilippine Ry 1st 30-yrs f 4s_ 1937 ACertificates of deposit 213", 000 Phillips Petroleum conv 3s.__—1948 39,000 Pitts Coke & Iron conv 4Ms A—1952 .. M2V F A J J J D J D M S J J M S J J Con 4Mb series O guar g——1942 Con 4s series D guar g 1945 Con 33*s series E guar g—--1949 Con 4s series F guar g. 1953 M S M S 3,000 38,000 58,000 170,000 *5*3*666 4Ma series I g— Con 4Mb series J guar. Gen guar 5s series A General g 5s series B General 4 Ms series O— MN MN mtge 4Mb series B mtge 4Mb series O Y & Ash 1st gen gen 5s series B 100 Sale Sale" 6M llOM i09*M Sale" 110 96 M 98 102 M 103 M 107 M 109 108 M 109 M 105 F A F A MN -1970 J D A O 1977 J J 103 M 108 95 99 108 43 "45M 44 M 44 M 4s ser A—1948 1962 Sale 106 110 M 106 1974 Sale 99 % 99 M 105 M 108 M 80 M Sale Sale 109 109 116M 116M 105 M 105 M 8M 110M 109M Apr. Sale 99M Apr. 99 111 Apr. 100M Apr. 10121 j» Apr. 106M Apr. 108 M Apr. 110M Apr. 22 19 9 101% Apr. 3 Apr. 1 108M Apr. Ill Apr. 30 107 10 27 107M Mar. 28 106M Apr. 24 104M Apr. 24 104M Jan. 103 94 Jan. 105 Jan. Feb. 96 M 98 107 100 M Apr. 99 Feb. Mar. 97M Feb. 107M Feb. 107 Feb. . Jan. 87M Jan. 117 6 19 25 25 27 120 M Apr. Jan. 95M Mar. 95M Feb. 82 13 8 8 104M Apr. 30 110 Apr. 6 89 M Apr. 29 99 M Apr. 5 98 M Apr. 8 87 M Apr. 30 Jan. 100M Mar. 106 M Mar. 85 7 27 109 M Apr. 109 M Apr. 109M Jan. 115 Mar. 115 Mar. 92 Apr. 108M Jan. 113M Apr 113 Mar. Apr. 20 Mar; 22 113M~Apr. 116 114M Jan. U7H Mar. 23 70 Apr. 30 64 Feb. 65 M Apr. Feb. 10 65M Apr. 6 Feb. 106 M Jan. 107 16 19 Apr. Apr. 11 6 6 Apr. 4 111M Jan. 10 Apr. 29 71 60M Mar. 54 M Mar. 55 109 Jan. 60 62 Mar. Mar. Apr. 105% Apr. 109M Jan. 110$ Mar. 26 114 Jan. 115 Jan. 3 107 Jan. 110 Apr. 5 30 108 M Apr. 106 M Feb. 106M Jan. 104M Jan. Feb. 19 HIM Mar. 12 13 M Apr. 11 4 Apr. 11 8M Feb. 21 Jan. Mar. Jan. 108M Mar. 16 112 M Feb. 9 98 Jan. 3 100*! Feb. 21 Jan. 5 lOl^jsApr. 20 103 106 M Apr. 18 108 Feb. 28 108 M Mar. 11 108^ Feb. 28 109 Mar. 25 112 108 Feb. Jan. 4 105 M 110M 109 M 117M 117 M 117M U7M 117 M 117M 117 Sale 10,7 M Sale 105M 106 107 108 105M Sale 100 Vs Sale 98 M 108 110 109 109M Feb. 109 2 1 16 2 117M 107M 106M 100 M 8 Apr. Apr. 30 9 Apr. Apr 30 . Feb. 116 Apr. Apr. Apr. Apr. Jan. 115M 104M 104M 97M Feb. Mar. Mar. Feb. Feb. 21 Feb. 5 Feb. 24 1163* Mar. 19 117 M Apr. 8 108M Jan. 10 107 Jan. 5 1003* Apr. 30 .109 42 M 45 52 M Sale 40 M 42 M 43 M 53 Sale Sale Sale 53 106 M 45 Apr. 53 53 Apr. 42M Apr. 53 106M Apr. 23 106% 44 Apr. 15 Apr. 30 Apr. 16 110M 98 M S6ate* ~8~, 000 1st & ref mtge 8s -2037 J D 219 223 95,000 Pub Serv of Nor 111 3 Ms 1968 A O 109 Sale 97,000 Purity Bakeries Corp s f g 5s—1948 J J 103 M 104 t ARadio-Keith-Orph pt pd ctfs for deb 6s & com stk (65% pd) J D *ADebenture gold 6s 1,000 Sale —-1941 J D il* * a6s stamped 50 1941 J D 5*3", 000 Read Co Jersey Cen coll g 4s—1951 A O 55 H Sale Gen & ref 4Ms series A 211,000 1997 J J 73 M Sale Gen & ref 4Ms series B 59,000 1997 J J 73 77 H 129,000 Remington Rand deb 4Mb w w_i§56 M S 99 M Sale 4 Ms without warrants— 48,000 96 M 99 M 1956 M S Rensselaer & Saratoga 1st gu 63.1941 MN 100 M 4*96",000 Republic Steel Corp 4 Ms ser B 1951 FA Sale 95 177,000 fPurch money 1st 5Ms conv. 1954 MN 107 M Sale Gen mtge 4Ms series C. 465,000 1956 MN 95 M Sale 117.000 Revere Copper & Brass 1st 4MS-1956 J J 100 M 100 M 1946 J J 5,000 ARheinelbe Union s f g 7s 20 M a3 M s assented --1946 ARhine-Ruhr Wat Serv 6s --1953 J" 3 12 M 19 M . MN MN F A AO M S J 3 A LIU 13 M 108 Sale 102 H 105 D 408H J A 28H Sale O M S M S M S M S M S A O J J A O J J J 120 O 73 M 73 % 24 M 110M 82 M 65M 111.M 147 M 222 M 109 M 58 M Sale Apr. 23 HI* 42J* Mar. 7 53 Apr. 41 Jan. 24 53 Apr. Apr. 403* Jan. 23 53 1063* Mar. 21 1063* Apr. 1103* Mar. 7 1103* Mar. 109 M 60 Sale 15 30 16 23 7 85M Apr. 2 Apr. 59 4 59 17 59 66 Apr. Sale 66 Apr. Apr. Apr. Sale ----- 80 19 19 Apr. 101M 101 100 M 100 M 100 M 100 100 % 100 Vs Sale 4 Apr. 70M Apr. Apr. Apr. 9 100M Apr. 70 1 102 96 1 Apr. 98% Apr. 108 M 106 M Sale 106 M Apr. 30 169 Apr. Sale 1 98 5 M Sale 97M Apr. 98M Apr. 102 M 102 % 102 102 2 102Vs Apr. 22 Apr. 23 26 M Apr. 16 26 M Apr 16 M M 19 M 19M M . lly' 16 M 15 14 i6M 16 M 14 14 16M 106 M 106 M 107 16 Apr. 14M Apr. 14M Apr. 15 Apr. 109M 106M Apr. 105 104 M 105 103 104M Apr. 9 9 Apr. Sale 40 36"" 40 35M Apr. 30 M 33 33 30M 30M Apr. 11M 10M 10M Sale 10M Apr. 122 M 122M 26 18 16 Apr. 26 15% Apr. 17 18, 15M Apr. 121 Apr. 12 23 2* 22 30 34M Apr. 12 M Apr. ..... 1 5 8 28 5 633* Mar. 16 Apr. 19 113 148 Feb. 19 224 Jan. 30 110 Apr. 18 105 Mar. 2223* Apr. 1083* Feb. 1023* Jan. Mar. 27 2 65 30 641 14 603 20 75) 19 75 8 102 18.1003* Feb. Feb. 20 9 Feb. 23 Jan. Jan. 9 5 Feb. 26 Feb. 19 6 913* Jan. 291 983* Apr. Mar. 25 1063* Apr. 30 109 92 Jan. 26j 983* Apr. 5 993* Jan. 27 1023* Apr. 22 26 Jan. 19 30 Feb. 29 3 17 Feb. 20 Jan. 30 15 Jan. 30 153* Jan. 143* Jan. 30 19 16 17 14 111 163* Jan. 15 Jan. Apr. 26 Mar. 29 163* Mar. 14 7 17 Feb. 26 109 105 143* Feb. 106 1033* Mar. 9 Apr. 353* Apr. 283* Jan. 103* Feb. 109 M 111 110 Apr. 109 110M Sale Apr. 7% SVs 7% Apr. 23 111 10 Ill 23 9 Apr. 27 Apr. 27 4 Apr. 1083* Jan. 1073* Jan. 63* Jan. 21 8M 8M Sale 95 15 Jan. 33* Feb. 633* Mar. 1103* Jan. 523* Jan. 573* Jan. 553* Mar. 66 Apr. 66 Apr. 983* Jan. 983* Jan. Feb. 1103* Mar. 30 843* Mar. 7 Jan. J8* 40 Mar. 29 Jan. 9 19 20 Mar. 11 Jan. Jan. 343* Apr. 123* Apr. 5 8 108 Sale 6M 111M 26 3 107M Apr. 26 104H Apr. 15 9 Apr. 10 40 Apr. 15 igg 173* Jan. 79 20 68 M QQ 96 M 107 M 583* Jan. 147 Apr. Sale 100 673* Jan. 1083* Jan. 4M Apr. 113 20 9M 8 25 Apr. 9 110M Apr. 29 84M Apr. 222 M 101 94 .... 1 27 55M Apr. Sale 14 Jan. 116" 62 M 5 813* Jan. 1073* Feb. 23 86 Apr. 8 Apr. 8 Jan. 59 57 M Sale Sale 9 '"Is" 97 50 Sale 15 104 8 56 M 69 M 69 M 97 1 22 224 Apr. Apr. 23 9 110 109M Apr. Apr. 18 103 M 104M 103 M Apr. 26 104M Apr. 70 26 75M Apr. 22 106M Apr. 1 86 Apr. 147 M 153 224 Sale 101M 101 25 111M Apr. 150 108 109M 112M 72M 106M 73 M 73 M 22M 50 111M 109 Vs 8 Sale Sale 224 62 107 7% UH 73 M 106 Vs 83 Apr. Apr. Apr. Sale 82 M Sale Apr. Sale 22 h Sale Apr. 109 Apr. 110M 110 Sale 81M Sale 80M Apr. 4% 5M 4% Apr. Sale Sale 104 109 M 105M 107H .7 A 49 12 M J 1941 3 75M Sale 107 J -—1942 J coll 5s -I953 3*8-1966 J 109 Sale 1951 J 80 843* 5,000 1 AProvidence Secur deb 4s gu—1957 MN 43* I AProvidence Terminal 1st 4s—1956 M S 60 1*5*666 Public Service El & Gas 3 Ms—1968 J J 1103* iilM 1st & ref mtge 5s.. 2637 J J 146 149 77,000 Saguenay Pow Ltd 1st M 4Ms.. 1966 3,000 St Jos & Grand Island 1st g 4s._ 1947 St Lawr & Adirondack 1st g 5s.. 1996 I 2d gold 6s 1996 1 For footnotes, see page 30. 1 100 M Apr. 27 Apr. 108 M 110 M 106 106 % 62 M a6s stamped . 107 6 Apr. Apr. 20 102 M Feb. 106 Apr. Jan. 100 l*APostal Teleg & Cable 1,000 ARhine-West Elec Power 7s 1950 ADirect mortgage gold 6s 2,000 1952 ACons mtge 6s.. 1953 AOons mtge 6s —1955 1952 48,000 Richfield Oil 4s conv deb 1,000 Richmond Term Ry 1st guar 5s. 1952 1955 2,000 ARima Steel s f 7s 14,000 ±*ARio Grande June 1st guar 5s 1939 103,000 t*ARio Grande Western 1st g 4sl939 Alst con & coll tr 4s series A..1949 104,000 Rochester Gas & El 4Ms ser D..1977 Gen mtge 3 Ms series H 1967 Gen mtge 3 Ms series I 1967 6,000 Gen mtge 3 Ms series J 1969 89,000 113,000 *1 ARock Is Ark & Louis 1st 4 Ms 1934 ARuhr Chemical 6s 1948 1949 *2*666 t ARutland-Canadian 4s stpd 99 98 Sale 101.17 107 M 106 % 107 M 107 108 M Sale 108 M 111 Sale 109 110 106 Potomac Elec Power 1st M 3 Pressed Steel Car deb 5s 6,000 1,000 Sale 101 % 1977 . 100M 98 M 109 M Apr. 103M Apr. 96M Apr. 106M Apr. if 105 108 M 109 3* 108 116 115 107 H 108 M 524,000 Portland General Electric 43*8.-1960 MS 1st 5s extended to 1950-----J J J t APorto Rican Am Tobac conv 6SI942 Sale 98 10614 Apr. 24 104M Apr. 24 106 \n% 1959 ---I960 35,000 jARutland RR 4Ms stpd.. 99 109 101M Apr. 105M Feb. 106 --- — 6 108M Apr 17 109M Apr. Sale 9 109Vs Apr. 19 108 M Sale 109 107 M Apr Sale 8 109 109 109 Apr, 11 109M Apr. 1C9M 109 113 M 114 M 1143* Sale II4M 113M Apr, 18 114V% Apr. 1 113 % Sale 114M 113M Apr, 20 114M Apr. 23 8 Sale" 89M Apr. 20 92 90 M Sale Apr. Sale 88M 8 119 118 Sale 120M 119M Sale 117% Apr, 17 120M Apr. Sale 102 M Sale 104 101M Apr, 18 104M Apr. 30 101M Sale 6 Sale 110 110 108 M Sale 108 Sale Apr. 108M Apr, 23 89 M Sale 89 % Sale 87 M Apr. 10 87 M Sale 89H Apr. 29 5 10 98 M Sal£ 96 M Sale 97 M Sale 99M Apr. 97M Apr. 8 97 95-3* .Sale Apr. 19 98M Apr. 973*~Sale__ -98M. Sale 85 M Sale 85 3* Sale 87 M Sale" 84M Apr. 15 87M Apr. 30 1 2 114 114 Sale 113 M 114 \ 113M Apr. Apr. 115M Sale 3 115 117M 117H Sale \ 116M Apr. 18 117 M Apr. 116M 117 30 Sale 66 M Apr. 17 69 M Sale 69 Sale 70 70 Apr. 61 65M Apr. 16 65M Apr. 16 6 Sale 9 9 7 3* Apr. 9 8M 9 7M Apr. 12 110 106 M HO 107 110 107 Apr. 11 106% Apr. 11 107 6 1 65 66 M Sale 63 M Sale 63 M Apr. 71 Sale Apr. 6 1 60 58 55 Sale 57 M Sale 57 55 Apr. Apr. 4 59 M Sale 59 Sale 59 M Sale 58 Apr. Apr. 17 62 Sale 3 111M Apr. 16 110 110 M Sale 109 110M Sale Apr. 105M# Apr. 29 105% Apr. 29 1 110 109 M 110 110 110M Sale Apr. 20 110M Apr. 2 115 119M 114M Apr. 20 115 Apr. 119M 114 110M 115 r, 106 M 107 109 M 110 109 109M 110 Apr. Apr. 18 110 106 M 107M 108M Apr. 19 108% Apr. 30 108M Sale Sale 1 106M Apr. 27 106 Sale 105M Sale" 106 105M Apr. 110M 111M 110M Sale 110M Apr. 22 111 14 Apr. 1103* Sale 1 12 M 13 M Sale 11M Sale 11M Apr. 13M Apr. 113* 1 4 3M Sale 3M Sale 3M Apr. Apr. 11 33* 3M Sale 1 8 8 m 7M Sale 7M Apr. 18 Apr. 7M A 1963 -1964 1st gen 5s series C 1st 4Mb series D 1,000 387,000 510,000 964,000 15,000 31,000 97 M Sale 94 108 M 108 D Pitts Va & Char 1st guar 4s——1943 MN Pitts & West Va 1st 4Mb ser A_i958 J D 54,000 1st 352,000 1st 1,000 Pitts 1st 105 M F 1966 ; —1975 94 J 1957 MN Con 4s series G guar g Con 4s series H guar g. Con Sale 103 102M 102H 101M 102 % 105 M 1053* 107 M 107M 106 106 % 1053* 104 M Sale 104 M Sale 96 M Sale 96 M Sale 107 1063* 6 3,000 P C C & St L g 4Hs series A...1940 A O 16,000 Con 4Mb series B guar g 1942 A O 1,000 4,000 —- --- Sale Sale 70 62 6 M 9 514 6M 91M 111M ... Sale 70 65 6M Apr. 16 7 Apr. 23 7 H Apr. 8M Apr. 91 U Apr. 30 95M Apr,. 8 111M Apr. 111M Apr. Mar. 8 111 7 63* Mar. 29 Apr. 23 7 Jan. 29 11 1103* Apr. 24 18 93* Feb. 21 21 9 Mar. 7 Jan. 2 93* Jan. 23 913* Apr. 30 983* Feb. 15 Mar. 18 1103* Jan. 16 112 May, 1940] n. y. stock Sales in Price bonds April Value Jan. 2, 1940 n. y. stock exchange Bid Ask 29 exchange-bonds !l PRICES IN APRIL April 1 Ask Bid Bid RANGE SINCE JAN. 1 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 30 Ask St Louis Iron Mtn & South— 185,000 a*River & Gulf Div 1st g 4s_--1933 10,000 ACertificates of deposit 65,000 last LPeo&nw 1st 5s 1948 6,000 St Louis Pub Serv 1st mtge 5s._ 1959 68,000 St l Rky m & Pac 5s stamped.-1955 JiSt Louis-San Francisco ky— 652,000 APrior lien 4s series a 1950 133,000 ACertificates of deposit APrior lien 5s series b 404,000 1950 84,000 ACertificates of deposit ACon m 4 hs series a 1,202,000 —1978 263,000 ACertificates of deposit stamped 162,000 t ASt Louis Southwest 1st g 4s_.-1989 82,000 A2d gold 4s income bond Nov 1989 ♦a 1st terminal & unif 5s 145,000 1952 AGen & ref 5s series a__ 157,000 1990 Mn 61m Sale 64 Sale 61 Sale 63 Sale r 60 m 68 21m 25 24 Sale 24 24 m j M S J j j J Y~j M S mjv j j J j j J St Paul & Duluth 1st consol 4s..1968 J i ASt PaulE Grand Trunk 4 %s..1947 J d 31,000 i ASt Paul & k c Short l gu 4%s 1941 F St Paul Minn & Manitoba— tPacific Ext sterling guar 4s. .1940 46,000 25,000 St Paul Union Depot 1st 5s guar .1972 164,000 San Ant & Aran Pass 1st guar 4s. 1943 12,000 San Antonio Pub Serv 4s 1963 40,000 San Diego Cons g & e 4s 1965 a *2", 000 j - 12 Sale 15 14m 13 m 13% 65 30m 18 m 10 m 34 19 % Sale 81% 7% 7m 27 % 17 m 10 m 82 4m 6m 33 Sale Sale 95 Sale 8 98 m 115m Sale 107 m 108m 110 112 109% 18% 18m 25 20m 29 m 29 m — 32 32 miv A O f a a o 195",666 X ASeaboard Air-Fla 19,000 1,107,000 10,000 1,000 3,000 11,000 183,000 279,000 70,000 313,000 42,000 42,000 15,000 379.000 a6s series b ctfs of dep Shell Union Oil 2%s debs Shinyetsu el Pow 1st 6%s ASiemens & Halske deb 6%s ASilesia Elec Corp 6%s Silesian Am Corp coll tr g 7s Simmons Co conv m's 1935 ---1954 1952 1951 1946 1941 f J j D m s A f A O Sale J Sale o O 1965 f 10 Jan. 6 64 Apr. 33 m Apr. 19 Apr. 10m Apr. 16 67 Apr. 37 m Apr. 56 Jan. 23 5% Apr. 11 5 6m 98 116 Sale 37m Sale 13 79% 6% 7% 115m Apr. 63 m Sale 62 m Apr. 107 m 107 % 108 Apr. 110m Sale 109 X Apr. 30 Sale 30 Sale 43 m 44 m Sale Sale 125 12 11m 1m 4m 3m •~6 5m 13 2m 2 97 60 m 13 m 1m Sale 4% Sale 5m 14% Sale Sale Sale 63 32m "17m Sale 105m 28 m 23 Sale 102 m Sale 106 % 119 Sale Sale 2m 1 Va 96m 60m 33 m 14m Apr. Apr. Apr. Apr. Apr. Apr. 23 Apr. 101 Apr. 105m Apr. 23 m 102 m 108 % 105 m Sale Sale 108 % 107Va Apr. Sale 44 47% Sale 47 43 m 43 m 43 m 45 Sale 45 44 Sale Sale 51 Sale 43 m 51 Sale Sale Sale Sale 70 j Sale j 80 j 63 1994 j J Sale O Sale o 79m A o j J J j j D Sale 78 73 112 J 107% 19m J 107 Sale Sale Sale 106 m -.1951 Sale Sale 89 m Sale Sale 1959 ---1943 2000 69 Sale 1977 Sale 1979 72 73 m 99 1980 Sale AAdjustment income 5s__Jan 1960 A Sale ♦AThird Ave rr 1st gold 5s 1937 j Tide Water Assoc Oil deb 3 ms--1952 J O j d m s J j mn F a Ujigawa Elec Power sec 7s 1945 m s Union Electric (Mo) 3 Ms J 1962 j O ♦jAUnion Elev Ry Chic 1st 5s..1945 Union Oil Cal 30-yr 6s ser a May '42 f a 3s debentures 1959 Union Pac rr 1st & land grg4s_ 1947 First & refunding 4s June 2008 1st lien & ref 5s June 2008 34-year 3 Ms debenture 1970 35-year 3 ms debenture 1971 316.000 6.000 tUnited Biscuit (Amer) deb 5s_.1950 201,000 United Cigar-Whelan Stores 5s. 1952 98 m j d 1950 A O 4,000 Tol St l & West 1st g 4s Tol w Va & Ohio 1st guar 4s c_ -1942 m s --1966 J d ■3", 000 Tor Ham & Buff 1st 4s 1949 3,000 Trenton Gas & Elec 1st 5s 1,000 Tri-Cont'l Corp conv deb 5s ser a *53 3,000 ATyrol Hydro-Elec Power 7 ms. -1955 AGuaranteed sec s f 7s 1952 1,000 58 75 m 59 j 1956 A 1956 A f A j J m s m s a O mn A O a o Sale 106 m 106m 106 73 59 % 45m Sale 73 m Sale 44 m 43 m 43 m 49m 73 % 58m 5 111M Apr. 23 Feb. 21 9 111 25 33 16 11 33 M 47 11 47 Apr. 12 Apr. 6 Apr. 11 Apr. 6 Jan. 25 21 Jan. Jan. 25^ 3 Jan. Jan. 11 31 2 Jan. 3 19 27 7 19 k 1M Apr. 22 95 57 Jan. Jan. 15 26 4 29M Jan. 14M Feb. 29 Jan. 3 6 97 M Apr. 6 67 Mar. 15 33 M Feb. 17 15M 8 Mar. 30M 99M Jan. 18 102 M 104 % Feb. 29 106M 8 8 6 22 4 26 5 4 23 107M Jan. 26 109M 4 105% 107X Apr. 30 108Va 109M Jan. 3 Ill 103 M Mar. 105 Jan. 97M Jan. Mar. 4 128m 129m 127 m 128m Apr. 115 115% n.k 115 Apr. Sale 109 109 110m Apr. 91 89 m Sale 90% 89Va Apr. 107 m Sale 103 m Sale 103 H Apr. 105 m Sale 106 m Sale 105% Apr. 66 92 92 65 66 Apr. 107 m 108 107 m Sale 107 Apr. 69 m 70 m Sale 69 70 Apr. 70 m 68 % 68% Sale 68m Apr. 68 % 70 68% Sale 68m Apr. 92 92 85 91 91m Apr. 58 m Sale 60 m Sale 58m Apr. 20 m Sale 23 m Sale 20 Va Apr. 99 m 100 100 m 98 m 99m Apr. 106 m 107 m Sale 106 105 Va Apr. 67 % Sale 67 Sale 99 m 100 m 125 % 125 106 % 107 % 106 14 13 m — — 99m 125 m 107 m 107 14 m 14m 14 16 14m 86 m 107 m 84 m 90 107 Va Sale 8m 9% 8m iiih33ii2 110m 102 m Sale 103 m 114 114m Sale 108 m Sale 108: 116 m 109i« 96% 97 % Sale Sale 99 --- Sale Sale 9 111 Sale Sale Sale Sale 97 m Sale 98 Sale !05m« 107 73 Sale 72 Sale 83 Apr. 43 M Mar. 42 M Mar. 8 42 8 49M Apr. 58 9 73 M Apr. 57M Mar. 80M Jan. 65M Jan. 90 Apr. 61m Jan. 6 3 Jan. Jan. Jan. Jan. 4 5 112 108m 22m 107 106Va 106 % 111m 106 20 128m Apr. 26 8 18 10 13 3 3 15 5 6 8 5 20 3 15 115m Apr. Apr. H Apr. 108 Apr. 106 m Apr. 66 Apr. 107 m Apr. 71m Apr. 71 Apr. 71m Apr. 92 Apr. 62 m Apr. 25m Apr. 100 m Apr. 107 m Apr. 19 65 Va Apr. 1 30 87 Apr. 5 67 M Apr. 22 1 Ill 4 90 8 13 15 17 16 29 20 22 1 1 2 4 9 53 25 110 107 Mar. Mar. Apr. IP Jan. Apr Apr. 78 72 Jan. 106 va Apr. 6 113 M Feb. 106 Jan. 15 3 128 M Feb. 17 99M Jan. 104M Mar. 88 3 112 104 M Jan. 103 M Apr. 126M Jan. 114M Jan. 107M Feb. Jan. 3 Mar. 14 108M Mar. 14 23 M Mar. 12 107 X Feb. 24 106 va Apr. 5 Jan. Jan. 17M Feb. 105 Jan. 50% Jan. 50M Jan. 50M Jan. 3 2 115M Mar. 25 Ill Apr. 9 Jan. 92 Feb. 5 2 103 X Apr. 108 Apr. 6 104M Feb. 106 % Apr. 66 M Feb. 2 6 26 15 55 8 107 Jan. 4 Apr. 67M Feb. 67M Jan. 6 67 Jan. 72 4 91 Mar. 8 50M Jan. 13M Jan. 97 M Jan. 62 H Apr. 6 8 17 30 2 2 Apr. 99M Apr. Apr. 12 125 Apr. 12 Apr. 26 107 Apr. 26 14 M Apr. 13 Apr. 13 Apr. 24 14M Apr. 24 Apr. Apr. 8m Apr. 110m Apr. 102 % Apr. 114 Apr. 106 m Apr. loo1** Apr. 96 m Apr. 97 Apr. 105u$iApr. 72 Apr. 107 H 2 8 54M 74 M 78Vs 73 X 64M 84 Feb. 8 8 86 M Feb. 73 4 107M Feb. 48M Jan. Mar. 6 71 8 Apr. Apr. Jan. 47 8 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 24 6 106 Jan. 31 2 102M Apr. 26 105M Mar. 43 H Mar. 4 90 Jan. Apr. 25 Apr. 6 8 Apr. 67 is 6 Mar. 5M Mar. 26 8 Apr. 2 18 4M Mar. 3M-Mar. 5M Apr. 4M Feb. 13M Feb. 2M Apr. 60m Apr. 65 113m 114m 96 % Sale Sale Sale Sale 67 82 13 11 79 1 87X Apr. 56m Apr. 18 74m Apr. 23 Sale 80 % Sale 79 Apr. 19 80 74 79 76 73 m Apr. 18 Sale 69 m 70 m 1 64m 64m Apr. 111m 111m 111% 111% 110m Apr. 10 107 m 108 107 m 108 10 107 a.pr. 20 m 21m 20 m 21m 20Va Apr. 24 107 105 103 m 107 105 Apr. 17 Sale Sale 105 m 105 105m Apr. 16 Sale 104 m Sale 106 103 m Apr. 16 Sale Sale 108 109 105 m Apr. 19 105 m Sale 1 105 m Sale 105 Va Apr. Sale 112% 114" 102% stolt 114m 107 m 110 8 6 6 8 27 123 M Feb. Jan. 15 11M Mar. 19 11 Feb. 28 15M Jan. 1M Feb. 14 1M Jan. Sale 65 m 8 67 Apr. 37X Apr. 21M Apr. 13 M Apr. Jan. Sale 55 m Apr. 85 m Apr. 107% 18M Jan. 28H Jan. 29M Jan. Sale Sale 89 m Sale 109M Apr. 109 M.Jan. 21 Jan. 89 m Sale -— 16 14M Apr. 14M Apr. 16 Apr. 15M Apr. 14M Apr. 13 Vs Apr. 98 M Jan. 19 97 M Mar. 13 5 118 Jan. Apr. 12 2 54 Jan. 68 M Mar. 14 107M Jan. 15 108 H Mar. 15 57 m 74 m 85 m — 6 62M Jan. 114 Sale 60 11 Mar. Sale 86 m 106 m 110% 12 8M Mar. 23 4M Jan. 19 5M Mar. 4 Sale 85 m 125 12 Jan. 87 m 57 m 65 122 12 16 76 m 80 m Sale Sale 99 9t09m Apr. Apr. 12 106 % Apr. 2 Apr. 47 Apr. Apr. 23 50m Apr. Apr. 22 48 m Apr. Apr. 19 47 m Apr. Apr. 19 47 m Apr. Apr. 22 54m Apr. 4 Apr. 75m Apr. 2 Apr. 61m Apr. 57 m 89 m 94 27H Jan. 118 6 2m Apr. 2m Apr. lb 6 97 m Apr. 1 66Va Apr. 33 m Apr. 4 14 m Apr. 17 24m Apr. 20 102 m Apr. 25 9 106m Apr. 6 Sale 9 105m Apr. 104m Apr. 107 m Sale 107 m Apr. 30 107 m Apr. Sale 109 m 109 k 110 5 110m Apr. 109 m Apr. 105 m 105 m 105% Apr. 16 105m Apr. 105 % Sale 98 m 99 m 102 m Sale 3 102 m Apr. 99Va Apr. 44 m mn Apr. 12 33 m Apr. 6 47 Apr. 11 47 Apr. 6 108 Sale A o * 16 119 108% 104% 33 121m Apr. 121m Apr. 13 % Apr. 12m Apr. 12 14 Va Apr. Apr. 1% Apr. 1m Apr. 4m Apr. _5m Apr. 3m Apr. 4m Apr. t Apr." 19 Apr. 4m Apr. 19 6m Apr. Sale Sale 5 2 Apr. 17 Apr. 12 Apr. 5 9 108 m Apr. 2 111m Apr. 23 Apr. 29 Apr. 42m Apr. 42m Apr. Sale mn hva Apr. 8 Apr. 6 98 3 118 2 65 30 44 % 48 m Sale 1 21 Va Apr. 13 m Apr. 8 6 6 8 109m 106 m M S 2 6% Apr. 24 98 m z97% Apr. 120 3 10 Apr. 82 Sale Sale Tex Pac—Mo Pac Term 5ms a. 1964 m s Third Ave 1st ref 4s j 1960 J 13 Va Apr. Sale 1944 1953 a guar 1950 1951 For footnotes see page 30. 22 106 m 47 Tokyo Electric Light (Ltd) 1st m 6s $ series June 15 1953 J 221,000 18,000 Tol & Ohio Cent ref & imp 3 Ms. 1960 J 30,000 70,000 2,000 20,000 880,000 230,000 235,000 125,000 197,000 12 Sale O d M s 1953 j Gen & ref 5s ser d Jan. Sale Sale 1961 J Gen & ref 5s series c 12 10 109 m ---1968 j Texas & Pacific 1st g 5s Gen ref 5s ser b 12 19 97 m Studebaker Corp conv deb 6s. .1945 J j 1950 mn Texas Corp deb 3 ms 3s debentures Texas & n o cons g 5s__ Jan. 10M Jan. 105 % 1 Swift & Co 1st m 3 ms f gold 4s. Texarkana & f s Ry 5%s 11 15 m Apr. 14 m Apr. 109 lASpokane Internat 1st g 5s—1955 j Staley (a e) Mfg 1st mtge 4s--.1946 F s 13 16 18 J — Gen ref Jan. 18 Sale Sale 12m Apr. 13 Apr. 12m Apr. 12 m Apr. 12 Apr. 19 Sale A 1956 Memphis Div 1st g 5s .1996 St. Louis Div 1st g 4s ---1951 Southw Bell Tel 3 Ms series b 1964 2,000 Tenn Coal Iron & rr gen 5s 21.o00 Term rr Assn of St Louis 5s 127,000 35,000 269,000 370,000 5,000 12b ,000 40,000 75,000 85,000 9,000 736,000 3,196.000 24,000 73.000 15 d Devel & gen 6 ms series a 15-year 2 ms debs 10M Jan. Sale 14 m Apr. 14 m Apr. -.1946 J Southern Ky 1st cons 5s Devel & gen 4s series a Devel & gen 6s series a Standard Oil n j deb 3s 19 6s_l947 j 442.000 South Pac rr 1st ref guar 4s—1955 J 4s stamped 1955 j 1st & ref 3s series c 12 m Apr. 117 1961 M S 1st mtge pipe line 4ms 90,000 1951 145,000 Sou Pac Co 4s Cent Pac coll Aug '49 1st 4 ms (Oregon Lines) ser a-1977 407,000 Gold 4mb 221,000 1968 Gold 4 ms 805.000 May 11969 Gold 4 Ms 617,000 1981 356,000 10-year secured 3 ms 1946 San Francisco Term 1st 4s 1950 48,000 793,000 161,000 200,000 2,000 95,000 33,000 86,000 55.000 4,000 272,000 383,000 464,000 129,000 Sale 15 29 M 108 m 109 105 105 m 108 108% J 16m 2m 2m 32% f Southern Bell Tel & Tel 3 ms—1962 3s debentures 1979 Sale 66 A j Southern Natural Gas— 356",000 Sale 11 Sale 2% 2% 96 % 1964 j 1963 a Socony-Vacuum Oil 3s debs South & Nor Ala gu 5s Southern Calif Gas 4 ms 1st mtge & ref 4s Southern Colorado Pow 1st g Southern Kraft Corp 4ms A 1952 A deb 4s 48 * 13 m Mar. 13 4 4 3 66M Feb. 21 26 M Apr. 16 36m 19 m Sale Sale 5m m"s 1935 f 6s a ctfs hi 115m 116% 62 m 60 m 108 m 108 109 109 m 109% 110 29 m 27 29 m 27 43 40 m 42 m 40 m 3 — 1* AAtl-Birm div 1st g 4s May 1933 a 97 39 Apr. Apr. 65 15 20 Apr. 66 18 Apr. 43 m Apr. 65 121m 125 13 m 11m 12% Sale 1m 2m 4m Sale O A 5% 6m Jan. Jan. Jan. Apr. Sale 46m Sale 64 18 59M 58M 18M 63M Apr. Apr. 12 14 m Sale Sale 60 66 65 26 m Apr. 63 m Apr. 13 m 12 m Sale 11m Sale 11m Sale 10m 11m Apr. 16 1 Apr. Apr. 18 12 m 14 Sale Sale 97% Co guar 6%s -.1946 AStamped AGuar. sinking fund 6 %s b—1946 AStamped 3,000 Scio Vail & n e 1st guar g 4s 1989 23,000 *tASeaboardAir Line 1st g 4s.-.1950 193,000 ♦AStamped 4s 1950 2,000 AAdjustment 5s Oct 1949 119,000 ♦ARefunding g 4s 1959 ACertificates of deposit 40,000 .493,000 _Alst & cons 6s series a __1945 ACertificates of deposit 90,000 14 m 13 m 59 m 63 23 m 63 m 13 48 11m Sale 11m Sale 54 "h'.ooo tASchulco 153,000 30,000 82,000 "63" "43" Sale 63 m 43m 65 58% 114 Santa Fe Prescott & Phoenix 1st 5s*42 63 95 23 110M Jan. 11 llY* 72 Jan. Jan. 11 Jan. 10 5 8 8 8 25% Apr. 100m Mar. 20 5 107M Jan. Jan. 105M Apr. 55M Apr. 19 85M Feb. 24 66% Mar. 20 89% Jan. 2 64M Jan. 20 67% Apr. 22 98 Jan. 31 99^ Mar. 27 125 Jan. 23 125 Jan. 23 106Ya Mar. 1 108 Jan. 5 14M Apr. 13 14^ Apr. 13 13X Feb. 16 14% Apr. 24 89 M Apr. 5 95 Feb. 24 107 M Apr. 4 106 H Mar. 109 Jan. 8 10 4 9 Jan. 20 5 8M Mar. 110 M Apr. 101M Mar. 2 113 4 29 10 9 10 30 9 12 10 23 8M Apr. 112 Apr. 103 M Apr. 114 M Apr. 108 M Apr. 116M Apr. 99 M Apr. 99 M Apr. 105nj»Apr. 77M Apr. 4 25 4 26 26 10 3 83 Apr. Jan. 106M Apr. 109Apr. 96 Jan. 96 Jan. los^jjapr. 61M Feb. 112% Feb. 15 103% Apr. 5 115 Feb. 109 Mar. 11 13 116% Apr. 4 99% Apr. 26 99% Apr. 26 109 Jan. 17 77% Apr. 3 N. Y. STOCK 30 Sales in §3 BONDS April $ 604,000 11,000 447,000 6,000 Jan. 2, 1940 Bid United Drug Co (Del) PRICES Price SfC n. y. stock exchange Value EXCHANGE-BONDS Ask 80 M Sale 1953 M S 1944 M S J09M U S Steel Corp 3 Ms debs Sale 1948 J D 106 AUnited Steel Wks g 6Ms ser A 1951 J D 22 M *3 Ms ser A assented 14 1951 J D 22 M a6ms series C 1951 J D a3 Ms ser C assented 14 1951 J D 22 M ASinking fund deb 6 Ms ser A 1947 J J 25 a3 Ms ser A assented 14 20 1947 J J United Stockyards 4 Ms w w 90 Sale 1951 A O Utah Light & Trac 1st & ref 5s. 1944 A O 102 M Sale Utah Power & Light 1st 5s 1944 F A 103 M Sale 89 Sale t* AUtilities Pow & Lt deb g 5Ms 1947 J D a5 Ms stamped 1947 J D 84 M Vandalia consol g 4s Consol 4s series B 23 25M 102 % Sale Sale Sale 91M 115M Sale Sale Sale A 113 1955 F A 1957 M N 20 92 M 103 M 103 M 115 A 5 23 M Jan. Sale Sale 95 Feb. 24 M Mar. 1 17 113 95 1959 F M Sale 91M Sale Prices Sale Prices 77 Jan. 24 89M Apr. 9 110 Jan. 3 110M Jan. 24 103 M Apr. 8 106% Jan. 22 23M Jan. 17 25 Mar. 9 24 M 23 M 17 102 Sale Prices 9 1 89M Apr. 9 110M Apr. 26 Apr. 2 8 106 24M Apr. 19 24M Apr. 19 110 Apr. 103 M Apr. 1 Highest 23 M 23 M 17 .1959 F Sale Sale 20 1 Apr. 9 92M 91M Apr. 1 104 Apr. 1 104 102M Apr89M Apr. 25 97 113 M Apr. 6 115 90 Apr. 20 96 113 1 115M Apr. 102 Apr. 1 Apr. 19 Apr. 25 Apr. 6 Apr. 8 Apr. 15 Apr. ,5 Apr. 26 20 Apr. 90 25 20 Jan. 29 Jan. 1 93 M Jan. 100M Feb. 101 Feb. 23 104 Apr. 25 104 Apr. 6 97 Apr. 8 115 Apr. 15 96 Apr. 5 115M Apr. 26 Feb. 86 M Mar. 100M Mar. 109 5s A5s stamped M 17 23 M 20 _ Sale Prices Sale 23 "24" 17 Highest 84M Apr. Sale 103% Sale" 23 M — *ADebenture 110M 105 M Lowest Lowest Ask Sale 87 Sale 110 -- 5,000 70,000 141,000 395,000 54,000 86,000 73,000 108,000 Ask Bid Bid 5s UNJRR & Canal Co gen 4s-. RANGE SINCE JAN. IN APRIL April 30 April 1 A 89 Sale 91 Sale 115M Sale 86M Mar. 100 Mar. 109 108 Vera Cruz & Pacific RR— * a4 ms assented 1,000 66,000 Virginia Elec & Pow 3 Ms 1934 ser B..1968 14,000 Va Iron Coal & Coke 1st g 5s—1949 12,000 Va & Southwest 1st guar 5s 2003 First cons 5s 36,000 -1958 130,000 Virginian Ry 1st & ref 3 Ms ser A 1966 - 251 000 — J M M J J S 110 S 31 55 J A O M S Sale 45 109 M 45 M 83 61 108 H M M 71M 60 Sale Sale 45 38 M Sale 1939 MN 133 000 ♦iSecond gold 5s— 1939 F A 19M Sale Alst lien 50-year gold term 4s 1954 J 4. 000 22 H J ADet & Chi ext 1st g 5s 35, 000 41 46 1941 J J *ADes Moines Div 1st g 4s 13 16 1939 J J AOmaha Div 1st g 3 Ms 19" 000 1941 A O 13 11M aTo! & Chic Div 1st g 4s 5, 000 1941 M S 38 41M 209, 000 t AWabash Ry ref & gen 5Ms A—1975 M S 9M Sale ARef & gen 5s (Feb '32 coup) B "76 F A 105, 000 8M 9M ARef & gen 4 Ms series C 297! 000 1978 A O 9M Sale ARef & gen 5s series D 219, ,000 1980 A O 9M Sale "39 OOOt WaIKpr"(Hi ram J G &'WdebTMs" I945+J 1-06— 106M " ~ ~ Sale 53, ooo Walworth Co 1st mtge 4s. 67 1955 6s debentures 9, ,000 1955 72 77 - - „ 721,000 Warner Bros Pictures 6s debs 67,000 J a Warren Bros Co. deb 6s Warren R R 1st ref gu g 3 Ms Wash Cent Ry 1st g 4s 15,000 Wash Term 1st guar 3 Ms 1st 40-year guar 4s 20,555 Westchester Light gold 5s Gen mtge 3 Ms— 55,000 11,000 West Penn Power 5s series E 1st mtge 3 Ms series I 21,000 82,000 West Va Pulp & Paper 3s 17M 18 H 44 M 17 28 26 46 48 49 12 16 10M 12H 42 M 12M 10 M 40 M 6M 6M 6M 6 M ~~8M 85 Sale 1941 M S 34 36 89 M 32 M 34 25 1945 F 1950 J 1966 J — 109"" — 126M 109M 108J J 1967 J 1963 M S 1954 J 118: J Sale 108MS109 84 88 M 108 Sale 32 Sale 102 M Sale 83 M 90 M Sale Sale 108M Sale 108 % 17 Sale 79 Sale 31M 91M SaleSale Sale 17 Sale Sale 65M Sale Sale 68 M 67 M Sale Sale 15 15 Sale 48 18 Sale 17M Sale 47 M Sale 46 M Sale 44 46 M 115M 116M 115 M 116M Sale 9 17M 100 H Sale 1021st 12M 106M 99 M 110 M 22 M Sale 21M 13 " Sale Sale 101M 12M Sale 13"" Sale 101M 102 106 110M Sale 22 X 19 23 Sale 8 8M 7M Sale 23 M 9 6M 8M 109 M Sale 109M 110 9M 6 M 108 H Sale 109M Sale 109 M Sale 110 109 M 108 M 105 M 9M 3 27 27 27 29 29 16 12 4 11M Apr. 42 Apr. 24 4 8M Apr. 2 8M Apr. 4 8M Apr. 3 8M Apr. 4 106 Apr. 70 Apr. 79M Apr. 12 8 90M Apr. 34 Apr. 2 16 109M Apr. 3 8M 20 10M 8M Sale 20 Jan. 12M Jan. 10 M Feb. 39M Apr. 6M Apr. 6M Apr. 6M Apr. 6 M Apr, 104 M Apr. 83 Apr. 89M Apr. 108M Apr. 17 Apr. 17 Apr. 65 Apr. 68 Apr. 67 M Apr. 14M Apr. 46M Apr. 45 M Apr. 115M Apr. 99 M Apr. 102i»j Apr. 12H Apr. 105% Apr. 99M Apr. 112 Apr. 22M Apr. 21M Apr. 7M Apr. 7M Apr. 108M Apr. 109 M Apr. 14 Apr. 16 2 Apr. 91M Apr. Jan. Feb. 107i Feb. Feb. 10 2 2 12 22 29 4 2 4 6 24 1 11 29 26 1 15 1 1 12 1 3 5 1 67 Apr. 1 70M Apr. 69M Apr. 15 15M Apr. 25 49 M Apr. 4 47 5 Apr. 115 Apr. 25 6 101M Apr. 4 102ht Apr. 12 M Apr. 19 4 106 M Apr. 102 Apr. 27 112 Apr. 11 3 25M Apr. 23 2 Apr. 5 10M Apr. 9 5 Apr. 109% Apr. 30 110M Apr. 12 14 Jan. Feb. 108 4 Apr. 12 29 .29 22 84M Jan. 15 30 M Apr. 23 30 15 27 Jan. 126 86 9 108 M Apr. 29 ■18 M Apr. 12 18M Apr. 27 74 18 117M Apr. 17 Ill M Apr. 4 102M Apr. 26 110M Apr. 100 M Apr. 27 Feb.' T7 109J 4 128 M Apr. 11 109 M Apr. 19 15 26 3 64 70 Sale Sale 100 Apr. Apr. 35 Sale" 68 - . 108M Apr. Sale 66 M 70 M 103 M 104M 97 Sale 105 Sale 18 41 48 37 Sale Sale 49M Apr. 29 1 89M Apr. 30 M Apr. 23 Sale Sale 98 M Sale 101»»i 13 Sale 5 37M Jan. 16 M Mar. 19 25M Jan. 30 Apr. Apr. Apr. Apr. Apr. Apr. Apr 67 Apr. 79M Apr. Sale 67 12 _ 19 M 26 M Apr. 10M 39Vs 41M Sale 6M 8 6M Sale 6M Sale 6M Sale 104.M 18 23 17 Apr. 15 Apr. 30 Apr. 20 47M Apr. 19 M Mar. 20 21 110 Jan. Jan. 2 51M Apr. 5 75 Mar. 25 76 M Apr. 29 59 Jan. 23 62M Jan. 3 106 M Feb. 26 109 Apr. 4 Sale 17M 6 Feb. 40 26 28 Sale Sale Sale M Jan. 109 11 110 15 43 Sale Sale 68M 50 M 44 114 109 M Apr. 48 Apr. 70 109 H 108M 84 H 89 M 17M 18M 17M Sale 66 Sale 110 M 51 Sale 109 M 109M 127 M 128M 127 M 128M 127 M Apr. 108 M 109 M 109 Vs Sale 108M Apr. 117 Apr. 116M 117M nm Sale 111M 100 M D 191.000 Western Maryland 1st g 4s 1952 A First & ref 5 Ms series A 1977 J 38,000 70,000 Western N Y & Penn gen 4s 1943 A O 73,000 t a Western Pacific 1st 5s ser A—1946 M S AAssented M S 147.0001 90,000 Western Union Teleg 4Ms gold.1950 MN Gold 5s. 296,000 1951 J D Gold 5s 196,000 I960 M S J 1953 J 29,000 AWestphalia Un El Pow 6s J 142,000 West Shore 1st 4s guar 2361 J J Registered 13,000 2361 J 4,000 Wheeling & L Erie RR 1st con g 4s '49 M S 545,000 Wheeling Steel Corp 4 Ms ser A_ 1966 F A 3,000 White Sewing Machine deb 6s__1940 MN 15,000 1* AWilkes-Barre & East 1st gu g 5s'42 J D 119,000 Wilson & Co 1st M 4s ser A 1955 Conv debentures 3 Ms 362,000 .--1947 1,000 Winston-Salem S B 1st 4s I960 537,000 {^Wisconsin Cent 1st gen g 48—1949 ACertificates of deposit 11,000 ♦aSup & Dul Div & Ter 1st 4s. 1936 MN 191,000 ACertificates of deposit 23,000 27,000 Wisconsin Elec Power 3Ms -1968 A O 44,000 Wisconsin Public Service 4s 1961 J D 1,000 J AWorces & Conn East Ry 4Ms.1943 J J 89 M 31 70 108 D Sale 32 M 75 A Sale 8M Sale 8M Sale 8M Sale 105 105 M 106" 67 68 M Sale 75 76 79M 1948 M S 2000 F A 1948 Q M 1945 F A M Apr. Apr. 51M Apr. 75 76 M Apr. 26 76M Apr. 59 M Sale 59M Apr. 24 62M Apr. 108 108 M 107M Apr. 26 109 Apr. 26 — M Apr. 22 1M 45 M Sale t*AWabash RR 1st gold 5s. «, 50 83- 108 62 M Sale „ 1M 109 Vs 110 5 48 Apr. 4 20 Jan. 11 28 Feb. 14 49 M Apr. 13 M Feb. 27 13 Jan. 17 42 Apr. 24 9M 9M 9 H 9M 106 M J an. 24 2 Jan. Jan. Jan. Jan. TO"" JahT 79 M Apr. 12 90 H Mar. 27 36 M Mar. 15 5 35M Jan. 8 Feb. 70 14 109 M Apr. 20 109 M Feb. 29 128M Apr. Jan. 26 110 9 120 Tan. 8 3 20 18 13 117 17 Apr. Mar. 15 110M Feb. 21 112 99M Feb. 26 102 H Apr. 26 82 M Feb. 26 88M Jan. 2 107 M Jan. 16 M Mar. 11 16 M Mar. 64— Jan. 15 67 86 Apr. 91H Apr. 4 15 Feb. Feb. 7 4 108 M 18M 1SH Jan. 67 M Jan. 1 72 Jan 66M Jan. 25 70 Jan. , Feb. 14 Jan. 46; Apr. 41] Jan. 3 22 18 15M Mar. 27 4 52 M Jan. 47 1133 Jan. Jan. 29 Feb. 29 16 116 963 102 12 M Feb. Feb. 103 M Jan. Jan. Feb. 16M Feb. 16M Feb. 97 110 Apr. 25 101M Apr. 6 6 103 29 Jan. 13M Jan. 18 106 M Apr. 2 102 Apr. 6 112 Apr. 6 25 M Apr. 7 23 6M Feb. 26 10M 5 7 Feb. 9 1 109 M 107M Mar. 109M Jan. 17 110M 14 9M Jan. 26 Apr. Apr. Apr. 10 2 4 27 11 3 2 5 5 Jan. 2 Apr. Apr. 12 12 Youngstown Sheet & Tube— 1,304,000 244,000 Convertible deb 4s If 1st mtge s f 4s series O • Negotiability Impaired by maturity. k 1948 M S 1961 MN Bonda selling flat. 1 The following bonds have been called for redemption, either entirely or partially: Bethlehem Steel 4Ms ser. D, 1960, entirely July 1 at 105. Chicago Lake Shore & Eastern Ry. 4Ms, 1969, entirely June 1 at 110. Chicago Union Station 4s ser D 1963, entirely July 1 at 105. Container Corp. 5s, 1943, entirely June 1 at 101. Elgin Joliet & Eastern Ry. 5s, 1941, entirely, immediate redemption. Fairbanks Morse 4s, 1956, partially June 1. Inland Steel 3Ms ser. D, 1961, entirely June 20 ► at 105. International Agric. Corp. 5s, 1942, entirely May 1 at 103. Corp. 6s w. w., 1945, entirely May 1 at 105M. Monongahela Ry. 4s ser A, 1960, partially May 1. Mead 105M Sale Sale Sale Sale 103! 1063 Sale 103 Sale 105 Apr. Apr. National Dairy Products 3 Ms w. w., 1951, partially May 1. Republic Steel 5Ms. 1954, partially May 1. Swift & Co. 3 Ms, 1950, partially May 15. United Biscuit 5s, 1950, entirely May 13 at 105. United States of America 3 Ms, 1940-1943, entirely 8 108 M Apr. 1 10 106 M Apr. 26 n 103 105 Apr. Apr. 4 8 109% Jan. 10 106 M Apr. 26 Under the rule sales, only transactions of the current month and not included in year's range. r Cash sales, only transactions of the current month, and not Included in year's range. x Ex-Interest June 15 at 100. Youngstown Sheet partially May 1. & Tube 4s ser. O, 1961, The following odd-lot sales were transacted during the current month and are not included e In the monthly or yearly range. t The price represented Is the dollar quotation per 200 pound unit of bonds. Accrued interest payable at exchange rate of $4.8484. Home Owners' 3s, z t Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. a the Deferred delivery sales, only transactions of current month, and not included in year's range. 1949-53, Apr. 20 at 107.16. April 22 at 104.5. Home Owners' 2Ms, 1942-44, The following deferred delivery sales were transacted dining the current month and are not included in the monthly or yearly range. Central Steel 8s, 1941, April 22 at 109 M. Dominican Rep. 2d 5Ms, 1940, April 2 at 77. • St. Paul M & M Pac ext 4s, 1948, April 1 at (Ubt. New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING APRIL 1940 Stock Sales Shares.26,950 Jan. 1 to April 30 In accordance with 20,246,238 April.. 72,427,478 lots except In the case ... for the 1939 $122,804,000 586,921,000 83,865,085 Jan. 1 to 565,656,000 April 30 effective Oct. 3. 1915, all stocks are now quoted dollars par share. Prices are on a basis of 100-share of stocks which sell only in a small way, a rule of the Stock Exchange, NOT 108—Cash and deferred delivery sales are disregarded In out«Ide of the regular monthly range are shown in a footnote In range 1940 $165,116,000 Bond Sales 1939 1940 April the month's range, unless they are the only transactions of the month, and when selling the month In which they occur. No account is taken of such sales in computing the year. AGGREGATE SALES Price STOCKS In April Shares 2,400 10 20 4,900 19,400 6,200 3,500 32,800 2,100 1940 __18J£Q.Q 13,700 25,400 5,500 2,900 63,100 10 13,100 12,400 1,200 41,100 43,300 1,600 41,300 2,600 7,200 1,300 5,100 4,400 70,300 19,600 1,260 23,800 5.500 190 11,500 1,700 54,600 10,600 17,500 300 1,900 "6~ 000 9,500 9,200 200 4,500 1,500 10,800 17,300 3,200 14,300 113,400 46,000 2,300 11,800 14,200 2,700 6,800 700 2,700 23,900 7,000 15,500 2,500 10,900 300 2,450 38,000 9,300 13,400 140,900 130 52,500 2,600 5,900 4,300 12,270 38,200 1,500 1,500 April 1 Par 14,200 Abbott Laboratories... 260 4% conv preferred 30 Abraham & Straus. 10,700 Acme Steel Co 60,100 16,600 11,400 114,900 7,400 12,600 Adams --* 100 r* 25 Express Adams Millis Addressograph Multigraph--10 Air Reduction Inc— * Air-May EJec Appli Corp * Alaska-duneau-JUjaicLMin——10 44.300 Allegheny Corp- -———- - - - * Pref series A $30 warr'ts.100 72,500 Pref series A $30 ex-war .100 12,400 * 124,200 Alleghany Ludl'm Steel Corp * 80 Alleg & West Ry 6% gtd---100 9,200 $2.50 prior conv pref__ Bid 68% 144 Ask 68 Sale 140 48 48 50 8% 21 % 18% 56% % Sale 22% Sale Sale Sale 13 Sale 11% 14% 21% Sale 15% Sale "16" "10% 176% 4,000 Allied Kid Co 74,800 Allied Mills Co Inc 5 12 13 14 Sale —* 100 .-* 67 5% preferred.. 112,400 Allis-Chalmers Mfg Alpha Portland Cement * Amalgam Leather Cos. Inc—1 6% conv preferred 50 Amerada Corp * Am Agric Chemical (Del) — American Airlines lnc 10 American Bank Note--- 10 6% preferred 50 3,520 —1 75,800 American Bosch Corp. 20.800 Am Brake Shoe & Fdy—-—* 5%% conv preferred -100 830 —--—25 50,400 American Can Preferred 100 5,400 * 101,800 Amer Car dc Foundry Preferred --100 20,200 American Chain & Cable * 49,200 5% conv preferred -100 1,000 6,800 * American Chicle 70 Am Coal Co of Alleg Co N J .25 American Colortype -10 30,300 Am Com Alcohol 20 21,300 Amer Crystal Sugar Co 10 25,700 6% 1st preferred —100 950 Amer Encaustic Tiling 1 21,600 Am European Securities * 2,300 Am & Foreign Power--* 40,300 $7 preferred — — * 47,700 2d preferred A— 14,800 $6 preferred — 36,800 Am Hawaiian Steamship 10 210,200 American Hide & Leather—-1 75,700 6% conv preferred 50 4,300 Amer Home Products -1 31,700 American Ice * 66,700 6% preferred ------100 16,000 Amer Internal Corp —* 25,100 - 3,200 5,600 American News Co — * Amer Power & Light * 180,800 $6 preferred.— * 53,700 $5 preferred————__—-* 72,200 Am Radiator & Stand San—* 389,400 Preferred .-100 410 - 22,800 14,800 18,300 123,500 American Rolling Mill 150 220 49,400 9,400 1,000 11,800 3,900 1,100 31,700 8,800 20,100 2,700 13,600 57,600 1,100 75,500 23,700 40,800 1,600 221,700 3,000 3,800 1,720 116,800 27,000 6,200 30,900 10,300 5,600 115,100 30,200 76,400 7,200 34,000 174,100 4,700 102,200 43,200 83,100 2,400 506,000 6,700 16,600 7,270 |280 280 --25 4%% conv preferred 100 Amer Safety Razor --18.50 American Seating Co—— * American Ship Building— * Amer Smelt & Refining-—---* Preferred 6,800 American Snuff 7.900 American Sale 15% 2% Sale 15% Sale 16 16% 15 * Sugar Refining--100 Preferred 100 Amer Sumatra Tobacco.-----* Amer Telep & Tel eg American Tobacco 100 55 Sale 17% 72* 10% 49% Sale 6 44% 131 138 For footnotes see page 40* , 39% 135 131 Sale Sale 115 175 Sale 31% 50 52 9T Sale 106% 113% 130 9% 6% 7% 12% 81% 3 4% 133 15 Sale Sale Sale tl« Sale 91 Sale Sale 6 6 Sale 25 Sale Sale 6% Sale Sale Sale 14 88% 2% 13% Apr. 1% Apr. 16 Apr. 57 54% Apr. 18 17% Apr. Sale 62% Apr. Sale 10% Apr. Sale 48 Apr. Sale 7% Apr. Sale 39 Apr. 132 131% Apr. Sale 114% Apr. Sale 172% Apr. Sale 24% Apr. Sale 41 Apr. Sale 20% Apr. 110 115 Apr. 136 140 Apr. 5 3 Sale 90 2% Sale 46% Sale Sale 5% Sale 37 34% 60 Sale Sale 36 33% 62% Sale 3% Sale 34% Sale 5% Sale 42% Sale 52% Sale 20% Sale Sale 54 Sale Sale Sale Sale 120 25 Sale Sale Sale Sale 155 Sale 70 Sale 10% Sale Sale 69% 12% Sale Sale Sale 15 Sale Sale Sale Sale 39% 21% 114% $< 56% Sale Sale 3% 32% Sale 46% Sale 8% 6% 12% 88% 2% 6 1% 24% 5 20% 32% 4% 34 62 3% 30% 5% 42 52 Sale 18% Sale Sale 54 13% Sale Sale Sale 3 Sale 13% 2% 21% 13% 2% 24% 21% 118 124% 115 25 25% 25% 2% 3% Sale Sale 57 56% 48% 48% Sale 8% Sale 8% 157* Sale 154 3 24% Sale 66 15 Sale 66% 12 12% 12 10% Sale 10% 29% 30% 35 50% 50% Sale 144% 143% Sale 66 63% 64% 152 150 120 26 Sale Sale Sale 116 24% 3% 54% 45% Sale 8 157 Sale 155 14% 67 66 12% 11% 10% 29% Sale Sale Sale 49 Sale 143 Sale Sale 63% 151 27% 28% Sale Sale 13 12% 13% Sale 16 15% 15% 16% Sale 22 21% 19% 19% Sale 85 88% 85% 87% 16" ' 16 X 16% 16% 16% Sale 172% 172% Sale 172 29% Sale 25 18 6 64% 3% 31% 67 141 Sale Sale 2% 24% 68 142 Sale 36 2% 23% 6% Lowest Sale Prices Apr. 30 69% Apr. 5 Apr. 22 Apr. 22 142 5 2 46% Apr. 45% Apr. Sale 48 Apr. 30 52% Apr. Sale 8% Apr. 7% Apr. 19 Sale 24 Apr. 29 27% Apr. Sale 16% Apr. 30 18% Apr. Sale 48 Apr. Apr. 16 53 % Apr. % Apr. 2 -Sate-A'pr^-25 "6"%"Apr. 4 Sale 1 Apr. 1 % Apr. 10 Sale 8 11% Apr. 19 14% Apr. Sale 4 9% Apr. 19 12% Apr. 16 15 8 Apr. 22 17% Apr. Sale 21% Apr. 19 25% Apr. 24 1 73% Apr. 73% Apr. 1 Sale 11% Apr. 22 12% Apr. 16 Sale 176 Apr. 9 Apr. 19 182 12% Apr..23 11% Apr. 4 12% Sale 16% Apr. 23 1 13% Apr. Sale 8 4 Apr. 1 9% Apr, Sale 69 Apr. 26 Apr. 9 73 Sale Apr. 4 33% Apr. 19 38 Sale Sale Highest Sale Prices 47% 6% 1% Sale 25% Sale 5% 5% 21% Sale 2 6% 20% 28% 5% Sale 145 175% 28% Sale 48% 20% 22% 111% 110 Sale 137% 11 13 9% Sale 8% 8% 7% Sale Sale Sale Hocking Glass Corp * 4gK 178% Sale Sale $6.50 conv preferred-..—* $5 div preferred * 40% 113% Zinc, Lead & Smelt—1 Anchor Sale 175 $5 prior conv pref—.....25 Anaconda Wire & Cable..—.* Sale 49% Sale Sale 97 Copper--..—...50 10% Sale Am Wat Wks & El Anaconda 2 Sale Sale Sale Amer 14% 16 Sale Sale $6 1st preferred * American Woolen-..-.-.-—-* Preferred-------—100 2 Sale .......25 25 * 16% 48% % 6% Sale 6% preferred-.100 American Type Founders 10 Class B 24 Sale Sale ..* 7% 46 150 Foundries 48 55% 20% 144 Stores——— 43 b Sate 1' Sale % 12 12% Sale 10% 11% Sale 15% 16% Sale 22 % Sale 24% 73% Sale 12% 12% Sale 178 179% 180 12 Sale 11% 15% 13% Sale .8% 8% Sale 69 69% 72% 34% 36% Sale 40% 100 - American Stove Co American 68% —100 .....25 — 6% preferred— Amer Steel Sale 50 5% conv pref Amer Locomotive------—---* - 127,400 9,500 Sale * Amer Invest Co of Illinois 61,600 Preferred 100 15,300 AmMacb & Foundry * 38,900 Amer Machine & Metals .* 13,000 American Metal * 37,700 6% conv preferred- —-_ 100 800 5.310 8% 140 45% 48% Sale 8% Sale 24% Sale 18% Sale 50 Sale . * 5.500 68 69% 150 42 Ask Highest Lowest Sale Prices April 30 Ask Bid 1 1 1 120,100 Allied Stores Corp Bid Sale 42% 26,200 Allen Industries lnc 41,400 Allied Chem & Dye 7,700 16,300 3,000 16,200 12,500 181,800 41,000 RANGE SINCE JAN. PRICES IN APRIL Jan. 2 EXCHANGE Jan. 1 Shares N. V. STOCK Since 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. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale Sale 87 88 Apr. Sale Sale 90 89 88% Apr. 150% 148% Apr. 148% 149% 149 4% Apr. 4% Sale 5% Sale Sale Sale 10 9% Apr. 12 H Sale 100 Sale 98 98 Apr. 7% Apr. 10% Sale 7% Sale Sale 47 41% Apr. 41% Sale Sale 7 6% Apr. 6% Sale 43 43 Apr. 44% Sale 40% Sale 29 30 Apr. 29% Sale 38 36 36 Apr. 37% 36 21% Sale 19% Sale £19% Apr. U0"u Sale 110ui«Apr. 110% Apr. 111% Sale 1 23 1 3 3 10 18 8 25 9 19 1 2 16 9 1 19 2 3 16 4 17 2 18 19 1 1 3 1 13 13 19 2 2 19 1 1 22 18 20 5 15 9 10 26 25 2 1 23 2 3 26 10 18 19 19 2 25 1 6 10 19 2 2 3 19 17 1 1 1 2 5 2 2 24 1 9 6% Apr. Apr. 66% Apr. 3% Apr. 34% Apr. 6% Apr. 45 Apr. 57 Apr. 22% Apr. 63 Apr. 14% Apr. 3% Apr. 24% Apr. 119 Apr. 25% Apr. 4% Apr. 59% Apr. 51% Apr. 9% Apr. 157% Apr. 17 Apr. 69% Apr. 12% Apr. 11% Apr. 37% Apr. 54 Apr. 147 Apr. 66 Apr. 152% Apr. 23 22 3 1 3 Feb. 6 45 7% Mar. 15 21 27 8 24 3 9 4 Feb. 6 7 Mar: 72 Feb. 13% Jan. 7% Mar. 16 22 33% Apr. 19 Apr. 25 Feb. 28 Mar. 15 Mar. 18 Apr. 23 Jan. 12 Mar. 18 Jan. 22 Jan. 13 Mar. 16 Jan. Feb. Mar. Mar. Mar. Mar. Mar. Jan. 5 5 19 16 9 8 6 8 15 11 15 8 15 Jan. 3 Jan. 4 Apr. 8 Apr. 24 Mar. 21 Apr. Apr. 16 9 Jan. 25 16% Apr. 23 2 9% Jan. Apr. 26 4 41% Jan. 73 16 Jan. 21 Jan. 4 75 Apr. 15 9 12% Apr. 50 Jan. 3 8% Apr. 22 3 45% Jan. 133 Apr. 3 116% Jan. 29 176% Jan. 16 2 32% Jan. 23 2 13 Feb. 3 9% 8% 15% 91% Apr. 15 Jan. 9 9 2% Jan. Apr. 22 58% Apr. 5 18 Jan. Jan. Jan. Jan. 26 2 17 3 15 4 Jan. 5 Apr. 18 Mar. 25 Mar. 8 4 6% Apr. 16 Feb. 28 Mar. 26 1 Mar. Jan. 8 Jan. 8 Mar. 1 Mar. 25 13 Mar. 18 2% Mar. 15 21 % Apr. 18 2P Jan. 4 8 24% Jan. 46% Apr. 30 6% Apr. 23 38 Apr. 22 3 66% Apr. Apr. 1 3rs 4r» 57 25 Mar. 26 Mar. 20 Mar. 19 Mar. 5 6 54 7 5% Jan. 63% Jan. Apr. 26 Jan. Mar. 29 Jan. 6 Apr. 26 Apr. 27 3 22% Jan. 63 Apr. 24 3 14% Jan. 4 3% Jan. Apr. 20 121 z51% Mar. Jan. 10% Jan. 8 163 Mar. 16 2 Feb. 2 Jan. Jan. 16 3 Apr. XV* 70 25% Mar. 26 33% 13% 64% 11% 9% 29% Mar. 11 Jan. 8" Jan. 8 2 Jan. 24 Feb. 16 1 Feb. Feb. 16 8 2 22 40% 50% 18% 51% 43 Jan. 51% Jan. 2 Jan. 4% Mar. 18 Feb. 15 Jan. 13 3 Jan. 4 Jan. 155 8 4 Feb. Mar. 3 Apr. Jan. 18 23% Jan. 5 112% Apr. Feb. 15 138 16 33% 56% 2% 24% 5 1 27% 19% 58% % Jan. 14 63 % Jan. 4 5 9 9 182 9% Jan. 171 Feb. 11 % Apr. 16 4 8 1% 14% 12% 17% 25% 73% 12% Mar. Jan. Jan. Jan. Jan. 23 % Jan. 30 3 Mar. 18 4 Feb. 46% Apr. 52% Apr. T % 10% 9% 13% 18% 18 22% Apr. 23 89% Apr. 25 Apr. 175% Apr. 89% Apr. 91% Apr. 150%. Apr. 5% Apr. 11% Apr. 101%. Apr. 12 Apr. 52% Apr. 8% Apr. 45% Apr. 32 Apr. 41 % Apr. 22% Apr. 111% Apr. 112% Apr. 16 29 4 31% Apr. 14% Apr. 12 1 16% Apr. 17 Jan. 16% Apr. 30 48 Apr. 16 5 26 Mar. 21 Mar. 19 147 41% Feb. 4 13% 15% Apr, 1% 2% Apr, 23 18 14% Apr, 22 53 5 58% Apr, 18 8 19% Apr. 75 41% Apr. 15 9 12% Apr. 9% 46 49% Apr. 16 5% 8% Apr. 22 43 4 38% Apr. 133 3 130% Apr. 116 Apr. 13 112 176 Apr. 18 169% 9 23% 29% Apr. 38% 50% Apr. 26 23 9 19% Apr. 112% Apr. 22 106 138 Apr. 17 133 10% 6 4 9% Apr. 6% 8% Apr. 25 10% 15% Apr. 18 81% 90 Apr. 18 1 2% 3% Apr. 5 6% Apr. 16 3 1% 2% Apr. 28 4 21% Apr. 4 4% 6% Apr. 18 3 24% Apr. 28% 46% Apr. 30 38 Sale Prices 70% Feb. 14 Mar. Jan. Jan. 12% Mar. 11% Feb. 23 _ 37% Apr. 15 46 Jan. 22 54 Apr. 11 142 Feb. 28 147 Apr. 15 70 Feb. 9 63% Apr. 18 149 Jan. 18 152% Apr. 15 12 Feb. 15 Feb. 24 1 18% Jan. 23 81 Jan. 2 Jan. 3 14% Apr. 12 5 17% Jan. 23% Feb. 23 93 Feb. 23 18 Mar. 13 £14% Feb. 29 9 167% Jan. 15 175% Mar. 12 85 Jan. 2 15 89% Apr. 15 2 9 91% Apr. 9 86% Jan. 11 17 8 8 15 23 23 10 22 9 8 4 4 29 144% Mar. 18 150% Jan. 4% Apr. 19 5% Apr. 12% Jan. 8% Mar. 18 95 Jan. 22 101% Apr. 12 7 Mar. 18 Apr. 39 Mar. 16 52% Apr. 8% Apr. 5% Jan. 30 39 Jan. 2 45% Apr. Apr. 26% Jan. 22 32 35 Mar. 19 41% Apr. 19 110 22 6' 3 Feb. Mar. 21 114 110% Apr. 24 8 4 15 23 23 10 22 9 8 Jan. 8 10 9 112% Apr. 29 ar. 32 N. Y. STOCK EXCHANGE-STOCKS aggregate sales April Shares 60 14,600 700 700 1,000 1,280 62,800 4,500 15,100 13,900 13,200 45,700 42,300 12,800 1,900 630 14,100 9,200 8,300 117.800 24,600 6,100 7,100 3,050 14,300 2,700 230 23,100 20,800 80 28,400 400 900 300 98,400 9,600 1,000 4,100 249,800 5,700 3,200 5,800 28,700 1,800 620 580 21,600 34,500 50,200 1,700 9,300 11,100 57,400 53,500 800 2,200 64,300 13,500 130,000 3,600 15,700 10,500 1,300 23,200 13,900 270 27,100 3,360 36,900 30,500 7,500 36,400 23,600 37,000 1.590 5,500 2,400 9,400 8,300 190 2,300 25,100 300 33,000 37,200 39,000 71,200 10 72,300 2,200 1,800 420 180 6,100 3,800 6,600 410 21,600 144,600 3,920 32,600 220 18,100 12,700 380 3,100 14,700 900 30 Sale Sale 14% 34 2% Sale Sale 53 Sale 58 Sale 60 66 . 101,300 2,700 143,400 34,100 8,600 1,490 20,600 40,200 47,620 6,100 552,800 229,500 95,500 25,000 18,900 7,020 28-,400 5,800 1,540 80,700 60,900 $6 convertible prior pref. .. *88 78k 39% 97% Sale Sale Sale conv Atlas Powder 5% conv preferred Tifi fYF Aviation Sale 106% 9 Sale 9 Sale 65 71 73 100 Austin, Nichols & Co.. 123 X 20 Sale Corp"(Del) The! 11113 Baldwin Loco Wks vt tr ctfs_13 Sale RR Co 600 Bloomingdale Bros 10 9 29 114% Sale 108% 31 Sale Bond Stores Inc Borden Co (The) 40. 28% 108 Sale Sale Sale 111 31% 124% 127 9% 9% Sale 34% Sale Sale 21% Sale 56 39 X Sale Sale 36% 77% 122% 56% Sale Sale Sale Sale 27 Sale 20% 10% 19% 13% 66% 23% Sale 26% Sale Sale Sale 17 J* 56% Sale 21 Sale 20% 14% 70 121% 123% 23% Sale «?* Sale 25% 23% 23% 2% 33% 11% Sale 6% 12% 22 x Sale 39 Sale Sale Sale 5 - 29 10% 32% 112% Sale 15 5 Bucyrus-Erie Co 5 7% preferred 100 Budd (E G) Mfg -* Preferred 7 % -100 Budd Wheel * Bullard Co -* Bui ova Watch _* Burlington Mills Corp 1 Burroughs Add Mach * Bush Term Co 1 Bush Terminal Bldgs— 2,860 Depos. ctfs. 7% pref 100 18,500 Butler Brothers 10 6,100 5% conv preferred 30 29,500 Butte Copper & Zinc 5 25.300 Byers (A M) Co * 2,040 Partic preferred 100 9,400 Byron Jackson Co * 61,600 Calif Packing Corp. * 700 5% preferred— 50 94,600 Callahan Zinc-Lead 1 86,100 Calumet & Hecla Cons Copper 5 73,800 Campbell W & C Foundry * 346,600 Canada Dry Ginger Ale 5 350 Canada Southern Ry Co 100 312,500 Canadian Pacific Ry 25 6,200 Cannon Mills * 6,800 Capital Admin Co Ltd cl A._l 2,670 $3 preferred class A 10 920 Car Clinchfield & Ohio Ry._ 100 12,200 Carpenter Steel Co 5 13,800 Carriers & General Corp 15,800 Case (J I) Co 100 1,870 7% preferred... 100 59,200 Caterpillar Tractor * 346,600 Celanese Corp. of America * 15,870 7 % pri or preferred 100 197.800 Celotex Corp K-* 1,180 5% preferred— -.-100 38,600 Central Aguirre Associates * 30,900 Central Foundry Co 1 1,460 Central 111 Lt 4 % % pref...100 7,200 JCentral RR of N J .100 20,900 Central Violeta Sugar Co 1,900 Century Ribbon Mills _* 160 Pref^ed 100 7% 7% 28 Sale __100 Brunswlck-Balke-Coll Sale 6 38 52 1h ix 12 % 13 H 14 X Sale 49 x Sale 48 % 49 % 23 X Sale 38 35% 21% Sale Sale lOlg 40 x ■22% 31 103 Sale 40 Sale Sale 20% 4% Sale 81 15% Sale Sale Sale Sale 10 6% Sale 6% 38' 86 25% Sale 74% Sale Sale Sale Sale Sale 65 Sale Sale 23 39 Sale 42 Sale 5% 31% Sale 30% Sale Sale Sale 11% Sale Sale 5 Sale Sale 102 30 19% 10% 4% 11 Sale 6% Apr. Sale 11% Apr. Sale 21% Apr. 38 39% Apr. Sale 50% Apr. Sale 2% Apr. Sale 18% Apr. Sale 21% Apr. Sale 93% Apr. Sale 60% Apr. Sale 20% Apr. Sale 36 Apr. Sale 25% Apr. Sa'® 8% Apr. 115 107% Apr. Sale 4% Apr. Sale 37% Apr. Sale 5% Apr. Sale 25 Apr. Sale 28% Apr. Sale 18% Apr. Sale 10% Apr. Sale 3% Apr. m 12 10% 6% 22% 3% 11% 67 70 14% 13% 21% 51% 1% 6% 17% 20% Sale 3% 12% 70 Sale Sale 14 Sale 6% 22% 3% 11% 60% 14% 24% 51% 1% Sale 25 Sale Sale 51% 1% 7% 18% 20% 54 Sale 74 52% Sale 18% 22% 6 38% 5% Sale Sale 39 Sale 39 39 Sale 38 43 114 Sale 49% Sale 30% Sale 117 12 Sale Sale 22 73 Sale Sale 71% Sale Sale Sale Sale 41% Sale 5% 39 5% 40 5 38% 5% 48 89 Sale 88% 27% Sale 25 97 43 Sale 2% 70 66% 117% 113% 50% Sale 49% 34% Sale 30% 116 118% Sale 10 10% Sale 66% 69% 68% 2% 68% 115 25' Sale 2 Sale 111% 112% 112 4% 4% 4% 10% 7% Sale 5 5% 5% 94 Sale 44 88% '89" 25 25% 3 2% 68% Sale 3 Sale 6% 13% 6% Sale 38 Sale Sale Sale 23 Sale Sale Sale 53 51% 2% Sale 3% 19 18% Sale Sale 22% 23% 91 95% 107 60% Sale 61% 22 21% 21% 36 35% 37% Sale 27 25% 9% Sale 8% 107 110% 5 5% Sale 5% 25% 30% 20% 11% 3% 19% Sale 11% Sale 4% Sale Sale 52 Sale Sale Sale Sale Sale 14% Apr. 4% Apr. 6 Apr. 12 10 11% Apr. 44% Sale 38% Apr. -15-%- -15%. -uk Apr. 7 6% 7% Apr. 28% 29% 28 Apr. 11% Sale 10% Apr. 34% Sale 32% Apr. 114 112 113% Apr. 33% Sale 28% Apr. 111 113 109% Apr. 30 32 30 Apr. Sale 122 120% Apr. *9% Sale *9% Apr. 69 66 65% Apr. 33% Sale 32% Apr. 22% Sale 21% Apr. Sale 54 53% Apr. 36% Sale 36% Apr. Sale 83 75% Apr. Sale 125 121% Apr. 26 25% 25% Apr. 20% Sale 19% Apr. 10% Sale 9% Apr. 21 20 20% Apr. 14% 15% 14% Apr. 72 65 65 Apr. 24% Sale 22% Apr. 28% Sale 26% Apr. Sale 118 117 Apr. 66% 67% 66 Apr. Sale 29 25% Apr. 23% Sale 22% Apr. 22 22% Sale Apr. 2 2 2% Apr. Sale 35 33% Apr. Sale 22 Sale 24 Sale 98 12 10 25 30 22 18 Sale Sale Sale 102 22 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. 19 4 2 1 26 1 3 26 19 30 24 19 3 27 1 1 2 19 17 19 3 12 23 1 1 26 19 1 19 19 1 1 17 19 1 5 26 1 1 1 18% Apr. 5% Apr. 7% Apr. 12% Apr. 45% Apr. 46%. Apr, 8% Apr. 29 Apr. 12% Apr. 36% Apr. 114% Apr. 35% Apr. 112% Apr. 32 Apr. 126 Apr. 9% Apr. 67% Apr. 36% Apr. 22% Apr. 56% Apr. 38% Apr. 85 Apr. 125 Apr. 28% Apr. 22% Apr. 10% Apr. 22% Apr. 16 Apr. 66% Apr. 28% Apr. 28% Apr. 123 Apr. 69% Apr. 29% Apr. 24% Apr. 24% Apr. 2% Apr. 35% Apr. 6% 13% 23% 39 53% 3% 19% 24% 3 107 1 26 4 30 30 4 18 19 9 3 17 19 18 2 15 63% 24 37% 29% 10% 110% 5% 43% 6% 33% 31% 21% 11% 5% 2 13% 7% 23% 4% 13% 75 14% 9 26 5 52 25 3 2 27 22 1 1% 1 8 10 30 17 19 3 23 6 18 23 3 19 2 2 19 19% 23% 40 6% 39% 6 44 90 28% 3% 72% 118% 52% 35% 9 119 16 22 1 Apr. 2% Apr. 25 12% 71% 26% 3% Apr. 18 113 Apr. 15 5% 1 Apr. 11% 6 Apr. 30 2 100 95% Apr. 111% 4% 7% 5% 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. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Highest Sale Prices 11 Jan. 27 Sale Prices 15% Apr. 12 Mar. 29 4% Apr. 10 Jan. 12 35% Feb. 27 Jan. 110% Apr. 30 Jan. 7% Apr. 22 Jan. 64% Apr. 22 68 Jan. Apr. 20 37 Jan. 43% Apr. 4 10 Jan. 11 4 Apr. 8 Apr. 4 9% Jan. 96% Jan. 101% Apr. 18 7% Mar. 16 9 Jan. 11 78 74% Apr. 1 Jan. 11 2% 31% 106% 5% 46% 58% 30 Feb. 10 Jan. 12 85 Jan. 16 45 Mar. 26 3 100% Mar. 8 Jan. Mar. 19 Feb. 24 Mar. 16 25% 57% 23% 22% 22% 24% Jan. 3 Apr. 24 Jan. 3 Apr. 20 Apr. 20 Apr. 29 13% Feb. 1 13% Mar. 20 20% Jan. 15 107 Apr. 26 110 Jan. 8% Jan. 12 9% Mar. 47 51 Feb. Apr. 15 63 Jan. 15 77 Apr. 117 Mar. 26 124% Jan. 7% Jan. 9 8% Mar. 1% Mar. 2 2% Jan. 1 % Feb. 7 5% Mar. 16% Jan. 19 32% Mar. 6 Jan. 15 8% Apr. . 6 43% JL5. Sale — Sale 66% Sale Sale Brewing Corp of America. —3 Bridgeport Brass Co * Briggs Manufacturing—* Briggs & Stratton * Bristol-Myers Co 5 Brooklyn & Queens Transit. $6 pref certifs of deposit Bklyn-Manhattan Transit— $6 preferred series A Certificates of deposit Brooklyn Union Gas Brown Shoe, Inc page 63 X 1 Borg-Warner Corp Boston & Maine RR Bower Roller Bearing Co Sale * * Bohn Alum & Brass Corp Bon Ami class A Class B_ 17% 4% 42% * 100 * 5 Boeing Airplane Co Sale 7% Sale 15% 50 620 Blumenthal & Co pref 26 Sale Bayuk Cigar Inc.. Creek 30 Sale Sale * 50 5% % preferred 7 1% 3% Sale Sale Sale Sale Barnsdall Oil Co 120 Sale Sale 15% 5% 6% 100 —100 .50 5% conv preferred— —100 Bar oer Asphalt C or p. 10 4% preferred. Bangor & Aroostook Barker Bros 6% 1% 4% 2% 77% Sale 118 7k ^ Baltimore & Ohio 108% Sale a 24 48 --* * * tAuburn Automobile 16% 16% Sale Sale * Atlas Tack Corp— Sale Sale 42% 98% 22% 56% 16% 22% 20% Sale 109% 5 50 3,100 Beech-Nut Packing.. 201 9,900 Belding-Heminway *1 500 Belgian National Rys part pref 471,l00 Bendix Aviation Corp 5 41,300 Beneficial Indus Loan Corp..* 3,700 Prior pref $2.50 div ser '38-* 13,800 Best & Co * 520,700 Bethlehem Steel Corp (Del)--* 30,600 7% preferred 100 17,300 Bigelow-Sanford Carpet Inc..* 14,200 Black & Decker Mfg Co—,__* 85,000 Blaw-Knox _* 6,900 Bliss & Laughlin Inc 5 see Sale 15 180 Beech Forf ootnotea 23% 54% 17% 14% 22% Sale 92,400 43,700 2,500 83,300 45,300 1,160 85,100 6,980 121,400 47,200 22,300 164,700 76,200 55,000 75 Sale 6% preferred 7% 75 77 44% Sale 4% 102 Sale Sale * 470 1st preferred 100 43,000 Beatrice Creamery —25 800 $5 preferred with warr * 49,000 70 5% preferred Atlas Corp 65 Sale 43 99 Atlantic Refining 100 25 pref series A—100 60% 41% 10% 7% Sale 15% Apr. 14% Apr. 4% Apr. 2% Apr. 34% Apr. 33% Apr. Sale 109 110% Apr. Apr. Sale 7% Apr. 5% Apr. Sale 64% Apr. 51% Apr. 97% 68, Apr. Apr. 20 68 Sale 40% Apr. 16 43% Apr. Sale 11 Apr. 10% Apr. 8 9% Apr. 7% Apr. 110 99 101% Apr. Apr. Sale 8% Apr. 7% Apr. 80 76 Apr. 74% Apr. Sale 77 Apr. 74% Apr. 45 43 44% Apr. Apr. Sale 100 Apr. 98% Apr. Sale 25% Apr. 21% Apr. Sale 57% Apr. 54% Apr. 19% Apr. 17% 16% Apr. Sale 15 22% Apr. Apr. Sale 15 22% Apr. Apr. Sale 22 24% Apr. Apr. 108% 107 108% Apr. Apr. Sale 9 9% Apr. Apr. 47 48% 48% Apr. Apr. 78 79 Apr. 72% Apr 121% 118 122% Apr. Apr. Sale 8 Apr. 6% Apr. 1% 1% Apr. 1% Apr. Sale 4% Apr. 3% Apr. 30 27 Apr. 26% Apr. 19 30 Sale 8% Apr. 6% Apr. 1 Sale Sale 34 110% 100 8 Sale 41,000 112,400 120,900 2,900 9,800 155,400 71,200 599,600 85 74% Highest Sale Prices 14 Sale 41% Sale 10% 10% 8% Sale ioiy 5 298,100 30,800 2,540 4,020 39,000 115,400 163,600 5,500 20,700 5% Ask 3% 34% 109 50 10,500 5 Archer Daniels Midland * Armour (Del) 7% preferred. 100 Armour of Illinois 5 Sale 170 149,200 13 Sale Sale 160 3,700 13 * 16,900 900 296,200 Ask Bid 13% 20 Bid 500 7% preferred 100 56,300 Armstrong Cork Co * 8,600 Arnold Constable Corp.. 5 16,500 Artloom Corporation * 90 7% preferred— —100 57,000 Associated Dry Goods 1 2,100 6% 1st preferred -.100 4,400 7% 2d preferred —100 2,800 Associated Investment Co—* 2,990 5% preferred -.100 184,900 Atchison Top & S Fe 100 17,100 5% preferred 100 44,100 Atlan Coast Line RR 100 18,700 Atl G & W I SS Lines 1 100 15,100 2,600 4,300 340 Andes Copper Mining Co A P W Paper Co Inc Ask Lowest Lowest Sale Prices April 30 April 1 Par 4,300 14,400 6,900 7,400 381,300 38,300 1,400 13,000 1,300 2,200 252,100 18,800 1 1940 Jan. 1 Shares range since jan. Jan. 2 N. Y. STOCK EXCHANGE Since prices in april Price STOCKS In 27 14 Mar. 4% Mar. 8 9 26 26 —4 8 2 9 17 19 16 22 11 5 5% Mar. 10 Apr. 38% ooys Apr. -ia% Jan. 7 Apr. 26% Feb. 10% Mar. 25% Jan. 113% Mar. 26% Mar. 109% Jan. 30 Apr. 120% Apr. 9 9 2 9 24 4 15 25 29 8 4 8 9 Jan. 8 19 8 1 15 19 16 10 26 15 Feb. 29 34% 22% 11% 23% 15 WA Mar. 8 Jan. Jan. 5 21% Jan. 2 5 62 25 11 22 4 21 4 2 24 2 29 8 4 5 11 8 6 30 8 4 30 6 6 16 4 26 3 29 8 5 Mar. 26 Jan. 17 31% Jan. 15 Jan. 3 6 16% Jan. 19% Jan. Apr, 50% Apr. 1 % Jan. 12% Jan. 13% Jan. 38 15 23 5 26 18 2 10% Apr. 18 3% Mar. 18 Mar. 4 8% 6% 20% 3% Mar. 26 Apr. 25 3 Jan. 2 Apr. 8 11 Mar. 26 3 64% Mar. 13% Feb. 21% Apr. 51 Jan. 1% Jan. 6% Jan. 13 % Jan. 16% Jan. 22 5 3 10 5 29 22 9 11 18 3 17 4 25 4 16 5 11 5 28% 28% 123% 70% 29% 24% 25% 2% 35% 19 7 9 2 23 15 18 15 13% 7% 23% 4% 13% 81% 15% 26% 52% 1% 8% 19% 23% Jan. Apr. Mar. _ Apr. 15 Apr. 30 Jan. 5 Mar. 20 Apr. 25 Mar. 27 Jan. 3 Jan. 4 Jan. 4 Feb. 1 Apr. 22 Jan. 4 Apr. Jan. Jan. Jan. Jan. Feb. Mar. 13 Feb. 21 Feb. 21 Apr. 18 Apr. 3 Apr. 17 40 6% Mar. 6 3 40% Jan. 6 Apr. 4 44 Apr. 16 90 Apr. 5 28% Apr. 11 5 Feb. 4 27 4 38% Jan. 5 85% Mar. Jan. 18 2% Jan. 30 23 62 21% 2% 111% 16 16 93% 18 Jan. 5 4% 6% 5% 5 5 Apr. 2 F Jan. 7 Jan. 30 14 118% Jan. 26 56% Jan. Feb. Jan. 18 35% Jan. 12 119 12% Jan. 22 Jan. 12 71% 26% Jan. 22 3% Mar. 18 Apr. 18 114% Mar. 6 5% 1 Feb. 11% 6 Feb. 26 Jan. 31 100 4 Jan. 3 Mar. 47% 26% 107% 9% 10 24 4% Jan. 37% Mar. 36 Feb. 4 Jan. 21% Jan. 10 3 12% Jan. 5% Apr. 22 Jan. 22 Mar. 12 Apr. 16 Apr. 22 Apr. 11 Apr. 29 Apr. 8 66 8 17 13% 23% 39% 53% 3% 19% Ill 3 Apr. Mar. 15 8 4 6 4 7 15 29 9 Jan. Apr. 5 Apr. 11 Apr. 8 30 30 6 24% Apr. 49 Jan. 3 107 Apr. 30 48 Jan. 15 8 63% Apr. 4 20 Mar. 15 25% Jan. 35 Jan. 15 37% Apr. 30 6 21% Jan. 15 29% Apr. 9 8% Jan. 15 10% Feb. 101% Jan. 15110% Apr. 16 5 6% Jan. 4% Mar. 16 5 37% Apr. 19 44% Jan. 6% Feb. 17 4% Jan. 18 20 Jan. 19 Apr. 29 33% 33 Mar. 7 28% Jan. 12 5 3 22 Jan. Mar. Jan. 16 21% Jan. 12 117 Mar. 2 4 Apr. 25 Apr. 29 80 18 5 Jan. Apr. 85 13% Mar. 23 4 3 Jan, 39 55% Jan. 30 4 15 sly. 22 3 4 9% Apr. 9 Apr. 2 Apr. 9 22% Mar. 13 56% Jan. 18 2 125 Jan. 25% Apr. 19 19% Apr. 17 9% Mar, 26 18 32 19 127 53% Apr. 27 35% Mar. 23 70% Jan. 22 115 4 4 Jan. 14% 52% 16-% 8% 29% 13% 36% 115% 35% 112% _ 15 Jan. 19 14 29 10 18% Apr. 27 2 6% Jan. 63% Feb. 27 26% Jan. 15 21 25 3 4 5 4 Apr. 29 Apr. 8 Feb. 15 Apr. 3 Apr. 22 Jan. Mar. 3 9 Apr. 5 Apr. 18 Mar. 7 Apr. 16 33 N. Y. STOCK EXCHANGE-STOCKS MAY, 1940] AGGREGATE SALES Price STOCKS PRICES 1 1940 April 1 Bid Shares RANGE SINCE JAN. IN APRIL Jan. 2 EXCHANGE N. Y. STOCK Since Jan. 1 Ask Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 30 Ask Bid Ask _ 55,400 Cerro de Pasco Copper * 65,200,Certain-Teed Products --1 41,430 6% prior preferred 100 5,100 Chain Belt Co ---—--Champion Paper & Fibre Co— 26,200 17,300 54,500 148,800 4,500 2,400 109 6% preferred—-— 590 Common ------------ Checker Cab Mfg o tChesapeake Corp Sale 6 k Sale 32)4 Sale 19k 20k 101 103 25 k 16 >2 4k - -^5 41 Preferrea series A—-----1UU pf-100 26 17 Sale 93 2 Chesapeake & Ohio tChic & East 111 RR 6% ^Chicago Great Western— 4% preferred 100 15,100 10,400 Chicago Mail Order Co-___.-5 34,600 tChic Milw St Paul & Pacific. * $5 preferred -100 65,500 55,000 tChicago & North Western.100 Preferred. ---------100 11,200 * 31,000 Chicago Pneumatic Tool $3 conv preferred——- — * 5,500 Prior pref ($2.50 cum divs) * 3,200 100 11,500 ^Chicago R I & Pacific 7% preferred— 100 3,400 6% preferred 100 5,800 -* 5,000 Chicago Yellow Cab Chickasha Cotton Oil 10 35,500 OQiUUU X"i, >. * - - - - j 37492 170 38 Copper!"""II—11-^5 5 Chrysler Corp Chile 397,600 ---* 27,400 City Ice & Fuel-6H preferred 100 2,540 100 10 City Investing Co 5 12,300 City Stores.. Clark Equipment * 38,900 Clev Cine Chic & St L Ry—5% preferred — -100 10 Cleve Elec 111 $4.50 ser pref—» 1,240 Cleve Graphite Bronze (Ihe)-l 45,700 Cleve & Pitts RR Co 7% gtd_50 Sale 95 2 k lk Sale 1154 Sale k % u& Sale k 8 k ii y Sale 36 k 6k Sale 30 k Sale 20k 103 k Sale Sale Sale Sale Sale Sale 21 36k Apr. 30 40k 7k 6k Apr. 16 28k Apr. 16 33k 19 Apr. 1 z21 Apr. Apr. Apr. 23 Apr. 9 103 k Apr. 105k 106 1 105k Apr. 23 28 k Sale 21k 21k Apr. 1 30k Apr. 18 27 Sale 24k 25k 25 Apr. 16 28k Apr. 4k Sale 4k 4k 4k Apr. 13 4k Apr. 40 Sale 39 k Sale 38k Apr. 26 41k Apr. 94 k 96 Sale 95k 95k Apr. 26 96k Apr. 2 lk 2k lk 2 Apr. lk Apr. 3 lk Sale 11 10k % k k Sale a Sale & k k Sale 32 k 19 Sale 49 . 38 k 7 lk Sale 9k Sale k % k Sale Sale lk 9k k % k k Ilk 33 k 47k k k k 10k Sale 10 13 k Sale 6k Sale Sale k Sale k 12 k 34 Sale 49 k Sale 34 k k % k k o Sale Ilk 33 k 48 Sale Sale Sale 12 31 36 33 90 Sale 87 k 33 k Sale 12% Sale 13k Sale Sale 96 Sale 60 Sale k % c 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 25 Apr. 16 Apr. 2 Apr. 26 Apr. 10 Apr. 18 Apr. 3 Apr. 20 Apr. 25 Apr. 19 Apr. 9 Apr. 1 Apr. 11 Apr. k Apr. k Apr. 4 5 9 1 4 13k 34k 49k % k k Ilk 16k 6k 33 k 91k 13 k 97 k 4 Apr. 4 Apr. 1 Apr. Apr. 11 3 Apr. 8 Apr. 1 Apr. 45 5 96 50 3 k 31% Sale 32 6k 12k Sale 30 86 k 13 k 12k 5k 32k 84k 13 k 34 k Sale Sale 97 • 96 Apr. Apr. Apr. Apr. Apr. Apr. 15 5 36 k Apr. 30 6k Jan. 22 27k Jan. 22 18k Feb. 13 102 21 15 Mar. Jan. Feb. Feb. Jan Apr. 10k Mar. 33 % Jan. Sale 39 Sale £H Sale 2k Apr. Apr. Sale 37 5 k Jan. 3 lk J an. 5 14 k Jan. 35 k Jan. Mar. 50 2 k Mar. k Apr. k Jan. Ilk Mar. 16k Apr. 6 k Mar. 33 k Apr. 91k Apr. 14 k Jan. 12k Jan. 8 12 3 3 28 15 25 3 8 26 98 Jan. Feb. 6 Jan. 30 4k Apr. 26 40 k Apr. 18 Jan. 65 111 8 z60 Mar. 2k Mar. 28 5 k J an. k Jan. k Apr. k Mar. 8 k Mar. Ilk Jan. 4k Feb. 93 4 k J an. Jan. 1 4 24 Jan. 12 k 30 Mar. 79 k Jan. 4k Apr. 26 40k Apr. 18 3 8 16 3 . 8 3 k Apr. 2k Jan. Mar. lk 9k k k k k z60 3 4 97k Jan. 2k Jan. 42 k Jan. lk Mar. 46 10 15 15 9 9 105 k Feb. 20 Jan. 30 k Apr. 18 Mar. 19 29k Mar. 23 Jan. 18 4k Jan. 38k Mar. 94 41k Jan. 8 k Feb. 36k Feb. 21 Apr. Mar Feb. ^ • 320 10 65 113 k 114 k" 112k 113 112k 113k 112 35k Sale- —42-k-Sale-j-40-k 76 78 77% 78k 81 48 48 45k 39 k Sale * 36 k 41k Sale 44 k Sale 41 ----* 35k Sale Preferred -—100 130k 141 143 134k Coca-Cola Co (The)— Sale * 118 126k 130k Sale 'Ol&SS Am 62k 65 61k 63 60* Colgate-Palmolive-Peet Co—* 18 k Sale 18k Sale Collins & Aikman 33 k Sale 32 k Sale 5% conv preferred 100 110 110 111k Colorado Fuel & Iron Corp..* 21 i8k 18 k Sale i9k Colorado & Southern—----100 4 k Sale 3 k 3k 4k 5 Sale 4% 1st preferred—— 100 5 Sale 4k 4 % 4% 2d preferred 100 5 3k 3k 4k stock Special gtd 4% 50 840 18,000 2,500 235,000 31,200 400 19,100 1,190 4,450 250 ee w s» w w «■ e» * W w ' 1W4 6,400 Conde Nast Publications——.* 26,300 Congoleum-Nairn Inc • 21,900 Congress Cigar ♦ tConn Ry & Ltg 4k % pref-100 Consol Aircraft Corp 1 Consolidated Cigar-— * 7% preferred — 100 6 k % prior pref 100 Consol Coppermines Corp 5 142,300 102,800 1,270 1,940 296,100 382,500 Consol Edison Co of N Y Inc_* 27,700 $5 preferred * 9,300 Consolidated Film Industry 1 23,500 $2 partic preferred 24,900 Consol Laundries Corp 5 245,500, Consolidated Oil Corp ♦ 3,900 Consol RR of Cuba 6% pf-100 15,100 Consolidation Coal Co 3,000 5% preferred v t c Class B ♦ - 100 97,800 Continental Can 20 3,500 $4.50 preferred * 35,400 Continental Diamond Fibre 5 51,600 Continental Insurance 2.56 719,000 Continental Motors 1 Continental Oil of Del 5 Continental Steel * Corp Copperweld Steel Co Conv pref 5% series Corn Exch Bank Trust Corn Products -_5 50 Co—26 Refining 25 Preferred 100 Coty Inc--. Coty International Corp Crane Co 5% 1 1 ^ conv 25 preferred 100 Cream of Wheat Corp (The)-.2 Crosley Corp (The) — ♦ Crown Cork & Seal $2.25 conv pref —* w w Preferred ex-warrants Crown Zellerbach Corp $5 conv preferred ♦ 5 - ♦ 75,700 Crucible Steel of America--100 6,300 Preferred 100 1,530 Cuba RR 6% preferred.—-100 154,000 Cuban American Sugar 10 4,320 Preferred. 100 19,600 Cudahy Packing Co 30 19,200 Cuneo Press Inc 5 38,100 Curtis Publishing Co (The) * Preferred 20,500 ♦ ——- 1,574,900 Curtiss Wright Corp.——.-.1 Class A 309,200 ---1 - 585 Cushman Sons 7% pref—100 30 $8 preferred _* 29,000 Cutler-Hammer Inc * 4,200 Davega Stores Corp 1,400 6 k see page 78 74 k 93 7 Sale 19k Sale 46 k 103 k 52 k 94k Sale 105 Sale 107 k 110 k Sale 14 lk Sale 70 Sale 32 Sale 98 7k 21k 45 k 106 k 54 k 110k 15 k lk 67 k 32 k Sale 25 Mar. 26 40* 6 80 Mar. 28 48 Mar. 26 9 41k Apr. 1 35k Jan. 1 36k Apr. 30 41k Apr. 2 45 k Apr. 4 Sale 35k Jan. 4 40k Apr. 20 45 k Apr. Feb. 14 136 Feb. 29 142 139 139 Apr. 18 140k Apr. 10 Mar. 30 2 131 Apr. 2 |118 129k 125 Jan. Apr. 23 131 Feb. 27 63 62 60k Apr. 16 2 60k Apr, 16 61k Apr. 20 Feb. 21 Sale 15 k Apr. 25 4 15k Apr. 25 19k Apr. 28 Mar. 18 35k Apr. 8 Sale 8 31k Apr. 29 35k Apr. Feb. 28 112k Feb. 10 Sale 110 4 112 Apr. 26 110 Apr. 17 Mar. 18 21k Apr. 29 Sale 1 21k Apr. 29 18k Apr. 3 Jan. 19 4 4k Apr. 3 k Apr. 12 4k Apr. 4 4* 5k Apr. 4 4k Jan. 19 5k Apr. 4 4k Apr. 17 4k Jan. 12 3 k Apr. 26 5 3k Mar. 12 Apr. 4 4k Sale . Sale Sale Sale 88 24 k Sale 6k Sale Sale 78 82 Sale 93 Sale Sale 7 Sale Sale Sale *20 k Sale Sale 45k Sale Sale 108 k 106 53 k Sale Sale 110 Hlk 107 14k Sale Sale Sale lk Sale 68 Sale Sale 32 k Sale Sale 5k Sale 4k 22 k Ilk 5k 23 Sale 8k 5k 29 k 7 Sale J* 80 8 Sale 28k Sale 13 k Sale 86 k 89 89 k 8 Sale 92 Sale 30 k 107 k 9k 8 Sale \y* 9* Sale 4k Sale IP. 100 16k 13 k lk 92 k 42 k 113 7 a Sale Sale 18 101k Sale Sale Sale 94 k Sale 115 7k 40 k Sale 3 k Sale 23 k Sale 28 k 29 k Sale Sale 10 94 24k Apr. 17 23 k Apr. 27 1 Apr. 2 Apr. 1 Apr. 93 Apr. 26 6k Apr. 23 20k Apr. 10 45k Apr. 18 6 88 74 25k Apr. 25 Apr. 7k Apr. 93 k Apr. 77 k Apr. 98k Apr. 52k 110 14k lk 65 32k 5 47 k Sale 115k Sale 7k Sale 39 k Sale Sale 22 k Sale 30k Sale 20 k Sale 46 Sale 45k 115 115k Sale 8k 7k 40 k Sale 39k 3k 3k Sale 23 k Sale 22k 30 30 k 29k 20 24 k Sale 59 Sale 67 Sale 54 k 60 k Sale 53 k Sale Sale 60 Sale 178 Sale 174k 176 6 Sale lk Sale 20k Sale 101 29 k jy* 102 Sale Sale 36k Sale 37 42 k 43 6k Sale lk Sale 20 k Sale 98 k 28 k Sale 6k 36 43 k 42 k Sale Sale Sale 45 Sale 15k 43 k Sale 19k Sale 89 Sale 94 Sale 39 86 k Sale 40 Sale Sale 92 k 3 k Sale 7k Sale 3k 3k 6k Sale 80 27 k 3 k Sale 91 58 Sale Sale Sale 95 68 20k Sale 5 Sale 15k 88 Sale 26 k 12k 83 k Sale 41k 10k 28k 4 Sale 3k 48 k Sale 84 M ■B* 22 Sale Sale Sale 94 26 k Mar. 12 26 k Mar. 12 8 8 86 Mar. 20 9 72 Mar. 15 4 86 Mar. 21 6k Jan. 9 Jan. 2 Apr. 16 Apr. 1 5k 24 k 13 k 9k 31k 16 92 95 9 Sale 8* 104 8 51k Jan. 110 Apr. 3 5 10 5 25 27 Mar. 16 21 k Apr. 23 8 Jan. 15 5k Jan. 13 15 29 Feb. 10 Feb. 23 7k Jan. 30 25k Jan. 7 k Jan. 79 86 30k Jan. 107 7 18 29 26 25 lk 3 k 14k 100k 14k Mar. Mar. Feb. Jan. Mar. 12k Mar. 5 4 8 6 Jan. 3 24 Feb. 17 32j| 31 20 19 28 10k 4k 8k 2k 4k 18k 24 104 Feb. 7 Apr. 19 19 8 4k Apr. 8 Apr. 8 33 Apr. 25k Apr. 20 69k Apr. 20 9 56 k Apr. 9 61k Apr. 178 Apr. 30 8 7k Apr. 5 lk Apr. Feb. Jan. 3k Jan. 18 19 15 52k Mar. 19 53 Feb. 21 Apr. 5 Apr. Apr. Apr. 4 4 9 Jan. 3 Apr. 29 xvlar. Feb. Jan. 1 19 22 k Apr. 5 Apr. 7 10 Apr. 4 Jan. 10 49 k Apr. 9 Mar. 26 58k Mar. 26 Mar. 15 2 4k Feb. 2 Jan. 5 25 33 Apr. 8 25k Apr. 20 69 k Apr. 20 3 61k Jan. 4 65 k Jan. 178 Apr. 30 Apr. 8 Apr. 4 4k Jan. k Jan. 19k Apr. 10 19 5 98 Feb. 28 6 28 Apr. 6k Apr. 29 32 k Feb. 18 m iB* Jan. Jan. 3 27 Jan. 9 7k Jan. 38k Apr. I 23 37 Jan. 9 45 Feb. 26 37k Jan. 2 43 k Apr. 4 1 4 22 15 Jan. 22 89 Feb. 94 Jan. Jan. Jan. 43 34k 25 78k 9 3k 18 6k 24 x79 23 Feb. Jan. 22 12k Feb. 12 26 8 30 16 16 Feb. 3 k Apr. 40 k Mar. 9k Jan. 19k Apr. 22 k Apr. 22 Jan. 95 Apr. 4k Jan. 8 k Apr. 91k Feb. 17 Apr. 29 k Feb. 4k Jan. 48 k Apr. Ilk Mar. 32k Mar. 5 30 1 Apr. 27 16k Apr. 17 17 4 7 k Apr. 23 8k Apr. 111k Apr. 26 113 k Apr. 12 92 Mar. 53 19 k Apr. 4 k Apr. 2 Apr. 24 29 116k Jan. 26 13 9k Apr. 9 5 40 k Mar. 19 22 k Mar. 26 25 Jan. 22 15k Mar. 16 170 8 14k Feb. 29 9k Apr. 4 31k Apr. 15 16 Apr. 8 92 Apr. 9 95 Apr. 5 1 6k Jan. 3 i6k Apr. lk Apr. 86 41k Jan. 29 73 k Jan. 33 Apr. 3 38 1 23 k Jan. Jan. 48 4 4 4 Apr. 98 k Apr. 4 8k Mar. 15 19k 15 k lk 97 k 24 24 2 lk Apr. Apr. 19k Apr. 19 22 98k Apr. 30 102 k Apr. 28 Apr. 29 29 k Apr. 6 k Apr. 18 7k Apr. 33k Apr. 19 38k Apr. 2 42 44k Apr. Apr. 42 Apr. 16 43 k Apr. 1 19k Apr. 15k Apr. 1 89 Apr. 94k Apr. 1 38 Apr. 42k Apr. 2 86 k Apr. 95 Apr. 4 6 3k Apr. Apr. 2 6k Apr. 8k Apr. Apr. 81k Apr. 12 89 2 17 Apr. 12k Apr. 26 Apr. 27 27k Apr. 3 k Apr. 19 4k Apr. 1 41k Apr. 48k Apr. 9 k Apr. 3 Ilk Apr. 3 27k Apr. 30k Apr. Apr. 88k Apr. 11 92 Jan. 8 8 26 18 110k Mar. 25 3 19 lk Jan. 9 113 15 15 4 4 9 1 Jan. k Jan. 8k Jan. 31 3 k Feb. 27 3 8 30 19 15 5 49 k Apr. 1 1 30k Jan. 15 116 Apr. 9 k Apr. 1 1 40k Apr. 19 2 8 29 2 Mar. 62 k Mar, 12 Apr. 25 4 Apr. 8 Apr. 4 Apr. Apr. 15 8 Apr. 9 Apr. 5 Apr. Apr. 93 k Apr. Jan. 79 6 108 k Feb. 21 56 15 Apr. 8 xvlar. 6 25 113 3 Apr. Apr. Apr. Apr. Apr. Jan. Mar, 13 4 Apr. Apr. Apr. Apr. 19 Mar. 20 2 68 Sale 5 4k 16k Sale 7k 7k Jan. 8 59 53 k Apr. 59k Apr. 173 k Apr. 6 13 22 k Jan. 13 5 k Mar, 26 6 21k Apr. 23 Ilk Apr. 24 8 Apr. 19 1 27k Apr. 13k Apr. 26 86 Apr. 26 93 23 Apr. 8 __ 106 4 3 21k Apr. 47 k Apr. Apr. 30 107k Apr. Apr. 26| 56 Apr. Apr. 25 110k Apr. 16k Apr. Apr. 19 lk Apr. Apr. 17 Apr. Apr. 19 70 Apr. Apr. 16 33 9 k Apr. 2 8k Sale 8k Apr. 9 31k Sale 32k Apr. 31k Apr. 108 k Sale 107 k Apr. 23 108k Apr. lk Apr. lk Sale k Apr. 10 9 10k Apr. 9k Sale Apr. 15 4k Apr. 3k Sale 3k Apr. 18 8k Apr. 7k Sale 7k Apr. 25 2 2 2k Apr. lk lk Apr. 2 3 k Apr, 4k Apr. 4k 4k 18 16 Apr. 17k 18k Apr. 17 102 k 102 k 101k Apr. 18 102k Apr. 2 19k Apr. 18k Sale 15k Apr. 12 k Sale 12k Apr. 19 15k Apr. 1 1 lk Apr. Apr. lk Sale 86 89 k Apr. 19 94k Apr. 90k Sale 17k 16k 7k Sale 111k 112k 112 14,100 1.070 For footnotes 5 24 k 87 k 74 4 8% preferred 25 Sale 16 v t Sale Sale 6k Sale 88 100 4,900 Consumers Pow Co$4.50pref.* 113,700 Container Corp of America--20 64,300 Continental Baking Co class A * 123,500 25,300 157,800 131700 7,410 67,400 2,600 189,900 85,200 88,200 5,200 10,300 14,100 148,500 2,520 8,000 230,000 5,050 48 Mar. 114k Jan. 10 43 k Mar.- 8 } 24 k 24 c_25 56,700 13.100 65 35kJan— 76k Feb. 14 Columbia Broadcasting 50,100 System Inc class A 2.50 30,600 Class B 2.50 466,800 Columbia Gas & El ---* 18,300 6% preferrea series A 100 650 5% preferred 100 10,400 Columbian Carbon v t c— * 25,200 Columbia Pictures Corp v t C-* 9,800 $2.75 conv preferred * 73,600 Commercial Credit 10 2,800 4k % conv. preferred 100 75,020 Comm'l Investment Trust—♦ 1,900 $4.25 conv. pref ser of 1935-* 460,700 Commercial Solvents— * 561,600 Commonwealth & Southern—* 38,400 $6 preferred * 510,100 Commonwealth Edison Co—25 620 80 — Climax Molybdenum Co 92,100 Cluett Peabody & Co 183,500 Apr. 10 112k Apr. 17 k Apr.1 17—43 — -Apr;—4 78 * Apr. 23 80 Apr. 2 Jan. 4 25 6 18 24 22 24 4 30 8 14 9 12 k Apr. 30 5k Mar. 7 17 Apr. 27 4 8k Apr. 113k Apr. 12 22 34 N. Y. STOCK EXCHANGE-STOCKS AGGREGATE SALES Price STOCKS In April Jan. 1 Shares Shares 39,000 3,700 3,500 25,900 15,900 1,100 2,500 3,200 7.500 1,100 7,500 21,800 900 1,800 3,410 38,300 17,700 80,100 6,400 95,800 14,100 200 70 40,500 5,300 460 88.900 5,800 18.400 200 27,200 2,400 16,800 67,700 173,100 1940 520 Preferred Deisel-Wemmer-Gilb 23 Sale 22 Sale 22* 25 26 Sale 27 Sale 28 18* 18* Sale Corp.-10 16* 22% 5% % 100 Delaware & Hudson Del Lackawanna & Western_50 JDenver Rio Gr & West pf_100 100 Detroit Edison—* Devoe & Raynolds A 25 6% preferred Diamond T Motor Car Co—2 Cl&SS A. fmmmm mm ~ 19 77 Sale 34 * Douglas Aircraft Co Inc.. * Dunhill International Duplan Silk 8% preferred... 34,300 7,300 15,900 4,700 1*665 13",500 19,400 .44,200 119,200 96,200 2,900 3,420 48,400 52,900 18,000 140 900 4,000 7.900 20 7,000 2,100 4,600 19,900 9,100 1,200 3,000 2,000 370 21,700 200 7,700 210 48,500 3,400 47,900 13,200 1.190 100 22,000 6,400 600 10,800 400 9,700 13.800 200 5,500 64,800 10,500 10,000 7,700 850 152,000 36,000 700 12,300 90 5,200 1,190 214,800 3,900 2,800 25,100 4,100 40 2,600 12,000 330 7,000 2,600 11,000 5,400 4,920 6,700 10,500 5,100 40 10,400 32,300 8,200 Sale Sale 22* Sale 9* Sale 13 12* 116* 118 Sale 13 Sale 169 Sale 166 27* 8* 12* Sale 13* 117 114 Sale 188* Sale Sale 125* 126* 125 116 115* Sale Sale 38* Sale 40* 186 Sale 115 Sale 6 Sale 4* Sale 151 Sale 157 176 173 Sale 33* Sale 15* Sale *6 Sale Sale 39 Sale 40 15* Sale 16*1' 17 15% Sale Highest Sale Prices 23 * Apr. 9 22 Apr. 1 Apr. 1 17* Apr. 16 17 Apr. 19 4* Apr. 19 * Apr. 3 118* Apr. 25 18* Apr. 17 33* Apr. 8 39* Apr. 3 8 Apr. 27 18* Apr. 10 83 Apr. 20 13* Apr. 26 36* Apr. 2 20* Apr. 1 18 Apr. 20 83 Apr. 3 165 Apr. 1 22 Apr. 1 7* Apr. 19 13 Apr. 8 116* Apr. 24 185* Apr. 19 xl23 * April 9 114* Apr. 11 37* Apr. 10 27 Sale 4* 170 176 Sale Lowest Sale Prices 35* 16* * 4* Apr. Sale 151 Apr. 176 172* Apr. Sale 32* Apr. 16* 15* Apr. Sale * Apr. Sale 38* Apr. Sale 15* Apr. 23% Apr. 28 Apr. 19* Apr. 20* Apr. 5* Apr. * Apr 119* Apr. 20* Apr. 36* Apr. 40* Apr. 9* Apr. 19* Apr. 85* Apr. 14* Apr. 37* Apr. 24* Apr. 20 Apr. 94* Apr. 171 Apr. 30 Apr. 9* Apr. 13 Apr. 117 Apr. 189* Apr. 126 Apr. 116 Apr. 44* Apr. 16 50 Eureka Vacuum Cleaner 67 5 4* Evans Products Co 5 3 18 Exchange Buffet Corp —* Fairbanks Co 8% preferred-100 Fairbanks Morse & Co Gabriel Co (The) class Gair Co Inc (Robt) $3 preferred Gamewell Co (The) A Gannett Co Inc conv Gar Wood Industries 23* Sale 105 Sale Sale Sale 24* 2* 34* 107* _* $6 preferred * Gen Amer Transp Corp 5 General Baking Co .......5 $8 preferred * 5 General Bronze General Cable Corp. Class A ; Preferred 7% General Cigar Inc... 7% preferred General Electric Co General Foods Corp 5,150 5% preferred 100 617,600 General Motors Corp 10 $5 preferred...,. * 15,200 14,700 Gen Outdoor Advertising„A * Common * 86,000 17,200 General Printing Ink 1 $6 preferred. * 370 * 9,200 General Public Service 26,500 General Railway Signal.. * 6 % preferred 710 100 30,100 Gen Realty & Utilities C«rp 1 $6 preferred 9,900 » General Refractories........* General Shoe Corp.. 1 Gen Steel Castings $6j>ref_..» General Telephone Co 20 Gen Theatres Equip Corp * 7,500 Gen Time Instrument Corp * 6% preferred 140 100 34.400 General Tire & Rubber Co 96,900 Gillette Safety Razor $5 conv preferred.. 20,400 1* 5* 19* 17* 2 Sale Sale Sale 18* 4* Sale 2* Sale 3 Sale 13* 14* Sale 102 il" 45 103 Sale 13* 50 6* 6% 103* 56* Sale 7* Sale 145 138 3 3* , 102 117 121 1* Sale 40 Sale 91 93* 128* Sale 54* Sale 125* 128 39 36* 4* 4 9* io!H 18* 89 19* 18 135 15 Sale Sale Sale 16* 99* 5 Sale 5 Sale * 49 Sale 75 Sale 2* 10* Sale 21 Sale a70 Sale Sale 18 17* 116 39 i ffl 23A 98* 129 54* 126 54* 6* 9 109^f 16* 95 Sale 18 Sale 46* 27* 16* 100* 23 3* 22* 91* 100 103* 105 5* 6* Sale 14* 11* Sale 51 48 48* 6* 7* Sale 104 101 102* Sale 52 52* 7 7* Sale 110 Sale 7* 106 71 5* 16 * 23* 92* 18* 107 80 11* Sale * 23 21* 100 53 53* * 18* Sale 100 113* Sale * 40* Sale * 47* Sale $4.50 preferred * General Gas & Electric cl A__* $6 conv preferred A 130 * * 17.400 General Mills 37* Sale Sale Sale Sale 23 Sale 33% * 16* 39 39* Sale 24 * 18* 18* 19 19* Sale 105* 105* 105 44* 44* Sale 18* 20* Sale 37 36 36* Sale 25 23* 2* 2* Sale 31 32 27* 35 Sale 2% 3% 102 18 Sale 5 50 Gen American Investors Sale 4* * 22* 91* 86* 3 Gaylord Container Corp .5* % conv preferred 29 22 Sale 1 Inc Sale Sale 100 4% * 10 * $6 pref..* 19* 83* 5* 25* 18* Sale 2,700 Florsheim Shoe (The) cl A * 18,100 JFollansbee Bros. * 8,300 Food Machinery Corp 10 1,340 4*% conv preferred 100 10 34,900 Foster- Wh eeler 450 7% conv preferred * 15,000 Francisco Sugar Co * 270 Franklin Simon pref 100 83,900 Freeport Sulphur Co 10 7* Sale Sale * Sale 44 Sale Sale Sale Sale Sale * Sale Sale Sale 16* 101 Sale 1 Sale 6* Sale Sale 3* 9* 34 1% 6 Sale * Sale" Sale 119 Sale Sale 131 3 7 22 80* 19 116* 37* 49 118* 118 Sale * 44 Sale 35 Sale 127 Sale 54* 125* 55* 6* 8* 108* * Sale Sale Sale Sale Sale « 96 Sale 17 Sale 97 Sale 16* 29* 14* 28* 23* 12* Sale Sale 18* 29* 14* 29* Sale 22* Sale Sale Sale 12 21* 16 18 98 100 Sale 105 Sale 6 20* 6* 50* Sale 17* 46* Apr. 8 Apr. 25 Apr. 9 3 Jan. 3 Jan. 2 Jan. 8 Jan. Jan. 10 Apr. 10 3 Feb. Feb. 21 18* Jan. 20 Jan. 8 76 85* Apr. 14* Apr. 5 9 Feb. 11* Jan. 34* Jan. 16* Jan. 18 Apr. 75 Jan. 38 Feb. 29 24* Apr. 23 23* Jan. 10 94* Apr. 15 171 Apr. 9 30 Apr. 24 142 Jan. 14% 5* 12* 116* Jan. Feb. Feb. Apr. 120 175 Jan. Ib9* Apr. 122 Jan. 10 4* 145* 168* 27* 15* * 34* 12* 126 4 19 15 6* Jan. Mar. 25 Feb. 26 166* Jan. Jan. Mar. 26178 37 Apr. Jan. 17* Jan. Mar. 1 * Jan. Mar. 41* Apr. 16 Jan. 18* Apr. 20 Mar. 1* Jan. 8* Jan. —3D*-Jan. 4 8 8* 31* Jan. 8 32* Apr. 17 1* Jan. 41* Jan. 46 Apr. Jan. 10 3 13 Mar. 19 112 109* Jan. 8 8 Mar. 118* Jan. 44* Apr. 1* Apr. 4* Mar. :6-*-Mar,22* Mar. 28* Jan. 1* Feb: 34* Apr. 42 Mar. 30 18 Jan. 17 13* Jan. 114* Apr. 26* Jan. 12* Jan. Mar. 8 72* Mar. 83 Jan. 80 Mar. 89 Jan. 8 84 Mar. 97 Jan. 8 * Jan. 1 % Jan. * 4 Apr. 1% Jan. 2 Apr. 1% Feb. 1* Apr. 3 Apr. 13* Apr. 17 Apr. 102 102 Apr. 6 5* Apr. Sale 11 Apr. 52* 48* Apr. Sale 6* Apr. 103* 101* Apr. Sale 51 Apr. Sale 7 Apr. 134* 133* Apr. Sale 2* Apr. Sale 6* Apr. 21 22* Apr. 82 69* Apr. Sale 17* Apr. Sale Ix5?-| Apr, Sale 36* Apr. Sale 47* Apr. Sale 118 Apr. Sale Apr. 45 38 Apr, Sale 96 Apr. 128 126 Apr. Sale 53 Apr. 126* 124* Apr Sale 52 Apr Sale 6 Apr 9* 8* Apr 109* 108* Apr Sale * Apr Sale 16* Apr 98 93 Apr Sale Apr 19 16* Apr Sale 29* Apr Sale 14* Apr Sale 27* Apr Sale 21* Apr Sale 11* Apr Sale 17 Apr Sale 100 Apr Sale 17* Apr Sale 6 Apr 48 46 Apr Apr. 4 Apr. 4 Aprl 29 Apr. 1 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. 26 8 18 3 3* 8* 20* % 4% 34* 8 3* Jan. J* 5 3 1* Apr. 4 Feb. 1 ■ 5 Apr. Jan. Jan. Mar. Jan. Jan. 25 _ 11* Apr. 25 34* Apr. 29 Mar. 23 28* Jan. 4* Jan. Mar. 3* * 21*. 85* Mar. Mar. Jan. Jan. 16* Apr. 37* Jan. 19* Apr. 18* Apr. 104 Feb. 25 95 Feb. 3* Feb. Mar. 27 31* Jan. 1* Mar. 4 2* Apr. 2* Mar. 1 5* Apr. 24 12* Mar. 1 20 Apr. 30 13 Jan. 24 6 18* Apr. Feb. 12 105 8 101 Apr. 4* Mar. 10 6* Apr. 22 11 Mar. 1 14* Apr. 24 48* Apr. 8 50* Apr. 24 6* Jan. 19 4 7* Apr. 10 104 2 101* Apr. Apr. 51 Jan. 2 8 54* Apr. 7 Mar. 19 3 7* Apr. 26 136 6 133* Apr. Apr. 2* Mar. 2 3* Apr. 17 6* Apr. 25 5 11* Apr. 18* Feb. 1 8 29* Apr. 48* Feb. 3 87 Apr. 24 17* Jan. 2 19* Apr. 16 12 117* Apr. 2 113* Jan. 36* Apr. 19 40* Apr. 9 45* Jan. 3 49* Apr. 15 Feb. 3 118* Apr. 5 116 * Apr. 30 1 * Apr. 38 Apr. 25 40 Apr. 27 86* Jan. 30 101 8 Apr. 16 129* Apr. 5 19 8 56* Apr. 17 127* Apr. 3 19 56 8 Apr. 23 8 7* Apr. 2 5 9* Apr. 26 109* Apr. 1 108* Apr * Feb. 27 3 % Apr. 15* Mar. 2 19 Apr. 16 Jan. 8 97* Apr. 25 Feb. 26 2 % Apr. Mar. 1 5 18* Apr. Mar. 6 19 33* Apr. Jan. 1 15 Apr. 12 Jan. 19 30* Apr. 26 19* Jan. 15 1 23* Apr. 11* Apr. 4 19 13* Apr. 15* Feb. 5 23* Apr. 27 98 Feb. 2 105 Apr. 30 17* Apr. 21 * Apr. 30 4 6 Apr. 17 3 on 6* Apr. 46 Apr. 26 3 51% Apr. 16 i ■' 1 Apr. 2 5 Mar. 26 Apr. 15 Jan. 4 9 35 Jan. 107* Apr. 16* Apr. 70 Jan. 46 Feb. 29 Jan. 21* 38* 25* 3* Jan. 105 Apr. 20 3 40* Feb. 14 5 22* Jan. 3 21* Jan. 106 Jan. 24 23* Apr. 2* Jan. 27 Apr. 4 29 30 18 11 15 8 18 3 Jan. Jan. 1 43* Jan. 18* Apr. 32 3 Mar. 27 102 Feb. x96 Jan. 1 8* Mar. 11 49* Apr. 31* Apr. 18* Apr. Mar. 15 -i 2 Jan. ' For footnotes see page 40 _ Apr. 25 Apr. 17 Apr. 20 27* 19* 23* 5% * 125* 23* 36* 43* 10* 80 3* Apr. 18 4* 9 Apr. 1 10* 27* Apr. 3 34* 1 % Apr. 22 8 6* Apr. 19 44 Apr. 1 49* 25* Apr. 3 31* 16 Apr. 19 18* 99* Apr. 19 102 Sale 23 Apr. 3 24* 4 3* Apr-24 4* 1 * Apr. 10 23 22* Apr. 9 24* 91 93 Apr. 24 95 Sale 16* Apr. 18 18* Sale 39 Apr. 19 40* 23 19* Apr. 6 19* Sale 18* Apr. 24 20* Sale 105 Apr. 25 106 44* 43* Apr. 17 45 Sale 18* Apr. 26 21* 36?' 36 Apr. 26 37* 23* 23* Apr. 27 25* Sale 2* Apr. 1 2% 27 28 Apr. 22 32* 108 106* Apr. 19 107* Sale 16* Apr. 19 21* Sale 75 Apr. 3 83* Sale 4* Apr. 1 6* 33 29 ~ Apr. 25 30* Sale 33* Apr. 2 38?^ 9* 27* Apr. 33* Jan. 38* Mar. 30 5* Apr. 1 159 Apr. 19 174* Apr. 19 37 Apr. 1 16* Apr. 20 * Apr. 2 41* Apr. 2 18* Apr. 30 Sale 17,100 Florence Stove Co 29.300 19,500 13,350 48,700 34,800 4 Sale Ex-Cell-O Corp 66 Jan. 4* * 118* 18* 4 Fajardo Sug Co Porto Rico 20 Federal Light & Traction 15 920 $6 preferred * 5,500 Federal Mining & Smeiting—2 * 43,500 Federal Motor Truck. 11,200 Federal Water Service A * 9,800 Federated Department Stores.* 3,100 434 % preferred r100 11,300 Ferro Enamel Corp 1 32,700 Fidelity Phenix Fire Ins..2.50 50 Filene's (Wm) Sons Co * 10 20,100 Firestone Tire & Rubber 7,000 6% preferred series A 100 * 25,800 First National Stores 66,900 Flintkote Co (The) ._* 13,000 65,700 23,400 12,640 310 46,500 9,300 1,200 20,700 1,800 32,100 47,800 1,910 11,600 95,200 17,900 16,200 20,000 3,910 493,200 110,200 3,300 38,900 19* Feb. 25% Jan, 9 - Erie & Pitts RR Co 1,500 11,700 2,300 4,400 Sale 165 Highest Sale Prices 1% Sale 1* Sale 1* 1* 1* Apr. 5 1* Apr. * 6 * Sale 7% Sale 6* Sale 5* Apr.: 17 7 Apr. -....* "3T*"Sater- ~3r*~Sahr~ "35—Sale— "30-*~Apr.—18 ~3f) *"Ap: * 27 Sale 27* Sale 30* Sale 6 26* Apr. 18 31* Apr. * 23% Sale 31 31* Sale 32* Sale 32% Apr. 17 Apr. 1 * 1 % Sale 1* Sale 1?^ Apr. 1 1* 1* 1* Apr. 2 El Paso Natural Gas Co_ 3 41 % Sale 35 Sale 37* 37% 34* Apr. 27 38% Apr. 8 Endicott-Johnson 50 41* 43 44* Apr. 13 45* Sale 44* Apr. 4 46 45* 5% preferred 100 109* 110* 111* 111* 107 111 Apr. 8 110* Apr. 26 112 Engineers Public Service 1 11* Sale 9 10* Sale 9* Sale Apr. 3 Apr. 15 11 $5 conv preferred * 79 % Sale 79* Sale 78* 80 78* Apr. 9 80* Apr. 18 85.50 preferred * 88 % Sale 86 84 84* Sale Apr. 12 87* Apr. 9 85 $6 cum preferred * 90 93* Sale 93 92* 94 93* Apr. 2 94* Apr. 17 Equitable Office Building * * 1 % ? ?i Apr. 3 Apr. 15 JErie RR 100 1% 1% 1* Sale 1* Sale 1* Apr. 1 1* Apr. 15 4% 1st preferred-100 3 • 2 Sale 3% 2 3 2* 2* Apr. 4 Apr. 18 4% 2d preferred 100 1% 1* 1* Sale 1* 1% Apr. 17 1* Apr. 4 -. " 700 Sale 18* 87* 17* Lowest American shares 17,300 183,800 Electric-Power & Light ~T18l30& —$7-preferred~ 58,000 $6 preferred 23,800 Electric Storage Battery 9,700 Elk Horn Coal Corp 188,600 15,700 5,100 4,500 26,900 13,100 670 15,000 29,600 3,500 Sale 24 Sale 5% 960 11,800 5,600 5,200 1,800 13* Sale 18,800 Eastern Rolling Mills 5 55,300 Eastman Kodak Co of N J—* 706 6% preferred 100 84,700 Eaton Mfg Co 4 2 7,500 Edison Bros Stores lnc 40,800 Eitingon Schild * 149,100 Electric Auto Lite (The) 5 3 292,500 Electric Boat 57,600 8,700 1,600 ' Sale Sale Sale 38 84 19* 19* 85* 117% 29% 16% 1% 81 13* 37 182 M 122 173 85 20* 122,000 Du Pont de Nem & Co (E I)_20 ,1.50 preferred 25,950 * 1,800 Duquesne Light 5% 1st pf-100 1 232,000 Eastern Airlines Inc 166% Sale 13* 36* 120 30 Sale 8 19 Sale il* * 100 19* 35* 40* 13* Sale 17 1 _ Sale Sale 18* 82* * 34* 40* 80 Sale 142 Mfg Co 119$ 19 34* 40* Sale a 35 17 23 Chemical Co Sale 4* Sale 39* 9* 42% Sale Sale 18 * 120* 34 74 * 12 * * Sale 20 Ask Sale Sale * 119 ^ mm**— Doehler Die Casting Co Dome Mines Ltd Ask Bid 5 Sale * Distil Corp-Seagrams Ltd * 5 % pref with warrants.100 Dow Sale Sale 9 Sale Dixie-Vortex Co Dresser Sale Bid Sale 21% 33% 41* 8% * > Sale 124 * Diamond Match Partic 1 Sale Prices April 30 * 20 Deere & Co Ask 117 260 300 j April 1 Bid Elec & Musical Industries— 3,400 42,400 """40,700 21,800 6,300 3,900 6,300 2,300 I Par 122,400 12,700 12,500 71,500 61,000 4,000 5,800 9,750 14,300 6,800 28,700 85,100 5,000 7,790 9,160 55,400 73,400 189,800 32,200 141,800 51,300 1,800 RANGE SINCE JAN. PRICES IN APRIL Jan. 2 N. Y. STOCK EXCHANGE Since 4 9 21* Apr. 29 83* Apr. 30 6* Apr. 18 32* Jan. 29 38* Apr. 15 2* Jan. 5* Apr. Apr. 18* Mar. 105* Mar. 6* Apr. 14* Apr. 50* Apr. 7* Apr. 20 9 24 30 5 27 22 24 24 4 Mar. 20 Jan. 3 Jan. 104 145 Jan. 3* Jan. 11* Jan. 29* Apr. 87 Apr. 24 19* Apr. 16 117* Mar. 27 Jan. 2 49* Apr. 118* Jan. * Jan. 15 41 6 Jan. 44 101 Apr. 130* Jan. 56* Apr. 127* Mar. 56* Mar. Apr. 10 Jan. 110 Jan. 1* Jan. 19* Jan. Feb. 4 "4 Apr. _ 23 8 8 10 3 11 4 21 Apr. 2 5 Jan. 11 mJan. 15* 30* 24* 13* 23* 105 4 Apr. 26 Mar. Jan. 7 4 Apr. 27 Apr. 30 23* Jan. 4 Mar. 6 Mar. 14 5?8 35 N. Y. STOCK EXCHANGE-STOCKS MAY, 1940] AGGREGATE SALES Price STOCKS In Since April EXCHANGE Shares 22,600 4,000 10,900 400 33,800 27,700 24,700 800 2,500 2,400 7,100 1,000 23,500 120,300 10.500 550 20 10,700 88,900 4,600 15,800 21,600 870 300 1,200 1,200 -270 17,400 : 600 220 280 7,700 80 9,600 390 82,000 1,700 22,500 400 30 30,300 9.800 370 1,100; 800 900! 4.000 3,500 13.100 11",800 1,500 43.800 Gimbel Brothers Gobel (Adolf) 28,000 3,000 870 290 6,600 11,400 4,200 60 9,300 66,500 4,500 14,700 100 7.200 660 1,500 82,200 8,900 3,000 5,100 29,360 600 17,000 300,000 8,500 113,200 1,300 747,500 214,900 500 850 2,200 3,100 1,400 500^ 75,500 5,300 8,800 110 12,700 5,400 18,400 360 3.000 80 4,600 } - • 50 Green Bay & Western 34,500 Green (HL)Co RR.100 --1 252,700 Greyhound Corp (The) -* 5 94 % preferred 13,200 —10 Sale 25 3,500 Haclcensack Water. Sale 42 294 Sale 294 Sale 88 8394 1954 Sale 68 66 Sale 94 Ye 3% 69 7% Sale 14% 9% Sale 16 Sale 33 % 23 94 Sale - 18,900 Hat Corp class A 890 694 % preferred 1 100 2 153,200 Hayes Mfg. Corp 5,700 Hazel-Atlas Glass Co 54,700 flecker Products Corp 2,700 Helme (G W) 360 7% preferred 25 1 Sale 1994 6694 2394 Sale 17 Sale Sale 65 Sale Sale Sale Sale 2194 9394 394 Sale 48 Sale 4494 Sale 9494 394 48 % Sale 6% preferred Hershey Chocolate— $4 conv preferred Hinde & Dauch - t c_.25 5 100 Central 100 RR__ 6% preferred series A Leased line 4% sec 100 100 stock ctfs ser A. 1000 Indian Refining Industrial Rayon Corp. Ingersol-Rand ; 6% preferred 430 28,000 Inland Steel 149,000 Inspiration Cons Copper 19,900 Insurancshares Ctfs Inc 98,200 Jinterboro Rap Trans Certificates of deposit 300 31,000 Interchemical Corp., 6% preferred 3,190 4,600 201,000 30,000 7,800 12,900 120,200 3,500 55,300 561,400 17,300 8 Sale 1494 10 24 % Sale 24 Sale 27 94 294 Sale 21 20 24 Sale 394 1794 Sale 394 1594 294 2894 394 16 16 34 3494_ Sal? 40 54 3494 Sale 294 30 % 34 18 94 4 3294 IU -33K ~35W 31% 7% 10 15 18 50 3394 60 Sale 3 394 1694 35 36 36 Sale 1694 Sale 17 1694' 17 1694 10594 10694 106 Sale 104 10594 103 2594 Sale 2594 Sale 136 140 13594 150 894 Sale 894 Sale 18 - Apr. 294 Apr. Apr. 394 Apr. 16 Apr. 24 33_. Apr, 35 Apr. Apr. 1694 Apr. 105 Apr. 16 103 Apr. 2494 Apr. Apr. 8 Apr. 136 101 87 3 5 111 394 1494 2794 2794 13794 Sale Sale Sale 109 Sale Sale Sale 101 Sale 494 11394 Sale 394 10694 1094 Sale 10794 111 105 109 394 Apr. Apr. 1094 Apr. 10894 Apr. 163 164 166 163 11 1894 Sale Sale 164 Sale 9694 Sale 13294 133 65 Sale 1994 Sale 9894 99 Apr. 105 Apr. 1794 Apr.. Sale 132 Sale 6494 11494 11594 11194 18 1794 1694 3194 3494 Sale 7 694 694 13 Sale 14 94 108 Sale 9694 Apr. Apr. 6494 Apr. Sale 11194 Apr. 18 1694 Apr. 3294 329s Apr. 694 Apr. 694 Sale 1294 Apr. Sale 132 2 2 29 1 1 3 3 26 19 29 19 27 1 2 9 3 _5 3494-Apr., 19 36 Apr. 16 19 Apr. 2 17 Apr. 4 106 Apr. 30 10494 Apr. 16 2694 Apr. 15 138 Apr. 16 994 Apr. 25 104 Apr. 9 494 Apr. 12 11394 Apr. 25 1194 Apr. 2 10994 Apr. 11 164 Apr. 10! 2194 Apr. . Intercontinental Rubber * Interlake Iron Internat Agricultural Prior preferred Int. Business Machines International Harvester 7% preferred. 100 * * 100 Internat Hydro-Elec Sys A.25 International Mercan Marine Internation Mining Corp. 1 5% conv preferred 100 11,200 Internatl Rys of Cent Amer__* 5% preferred 100 4,910 * 5,300 International Salt * 10,100 International Shoe 50 5,200 International Silver 7% preferred. 100 1,500 384,500 241,500 International Tele & Tel... Foreign share certificates * 32,200 Interstate Department Stores * 20,500 Preferred 6 6,900 Intertype Corp Island Creek Coal 6,500 $6 preferred 190 30,900 Jar vis (W B) Co Jewel Tea Inc new 11,200 46,600 Johns-Manville Preferred 1,310 .... Sale 4994 % Sale % 3 26 4 Sale 594 Sale 1 Sale 5494 3794 1494 Sale 3794 Sale 1 Sale 1094 22 Sale 21 22 41 Sale 40 Sale 6% 594 28% 694 Sale Sale 100 420 Keith-Albee Orpheum pref. 100 994 Sale 154 112 4 1094 194 3294 160 5894 494 Sale 994 Sale 694 Sale 10 3794 Sale 33 51 3594 35 Sale 3694 Sale 2694 2894 9794 100 494 Sale 4 94 Sale 1094 Sale 2594 Sale 9 2594 1694 74 128 Sale Sale Sale 1494 Sale 120 14 100 15 93 95 111 7} Sale Sale 90 Sale Sale 111 15494 158 8994 Sale 1494 Sale Sale 694 694 Sale 394 394 3 394 294 694 12994 d 36 3294 26 9894 4 494 894 8094 794 2794 12594 Sale Sale 494 Sale Sale 3494 177 Sale 42 11094 4 1094 2 34 175 Sale Sale 494 Sale Sale 36 17594 5794 Sale 16494 Sale 162 Sale 4 Sale Sale 1394 594 Convertible class A 1 103,900 Conv class B 1 71,700 1,070 Kendall Co $6 part pref ser A_* 40. 4 4494 Mar. 26 494 Apr. 22 394 Apr. 11 88 30 5 26 22 2 3594 Apr. 1494 Apr. 2 Apr. 9 4 6994 Mar. 7 24 94 Apr. 9794 Feb. 4 21 494 Feb. 8 7194 Jan. 194 Jan. 30 9 5 994 Apr. 10 1394 Mar, 16 8 994 Mar, 14 94 J an. Jan. 10 4 8 8 794 Feb. 3 13 Feb. 6 1694 Apr. 3194 2394 1294 2294 Jan. 26 36 94 Apr. 24 94 Feb. 30 1894 Jan. 21 8 Mar. 16 28 94 Apr. 24 27 Mar. 18 2994 Jan. Apr. 29 Jan. 2 6 Jan. 29 3594 Apr. 1794 Jan. 4 29 3094 Jan. 12 15 Apr. 29 11 Apr. 19 Jan. 3 29 24 27 2594 Apr. 394 Apr. 3094 Apr. 29 18 18 26 5 4 13394 Jan. Apr. 2 18 20 4 8 22 15 142 Mar. 21 50 18 Mar. 19 12 394 Jan. 27 4 Jan. Feb. 7 18 Apr. 8 34 94 Apr. 37 Jan. 22 2094 Feb. 19 15 4 16 Feb. 21 17 8 25 10694 Jan. zlOl 14 10594 4 5 9 16 1 8 11 24 22 9 13 15 Mar. 30 2394 Mar. 18 2894 Jan. Apr. Apr. 15 138 3 994 Apr. 794 Jan. 3 104 91 Jan. Apr. 494 Apr. 3 Mar. 23 105 Apr. 12 11394 Jan. 1.154 Apr. 994 Jan. 10 1 110 Apr. 10794 Mar. 155 Jan. 12 166 Mar. 2 14 Feb. 2194 Apr. 136 8794 Jan. 10 10094 Apr. 5 13394 Jan. 131 61 Jan. Mar. 28 110 Mar. 11 60 9 12 10494 Jan. 15 Feb. 4 Jan. 19 12 5 13 3 16 55 Feb. 3094-Jan. 3494 Jan. 17 16 Apr. 16 9 4 6794 Apr. 16 115 Apr. 2 1894 Apr. 10 3594 Apr. 4 794 Apr. 1694 Apr. 20 5694 Apr. 38 Apr. 1694 Apr. 8 Jan. 20 94 Feb. 8113394 Apr.« Sale Sale 6 1094 Apr. 2094 Apr. 3994 Apr. 494 Apr. 7 Apr. 2494 Apr. 108 Apr. 158 Apr. 87 Apr. 1394 Apr. 694 Apr. 394 Apr. 3 Apr. 4094 Apr. 11094 Apr. 394 Apr. 994 Apr. 194 Apr. 33 Apr. 174 Apr. 5594 Apr. 160 Apr. 394 Apr, 994 Apr. 594 Apr. 2994 2994 Sale 133 12894 12994 129 Sale Sale 20 1194 Sale 5394 7194 Sale 394 394 394 494 Sale 5194 5194 Sale 36 Sale 3694 3694 Sale 3294 3494 Sale Sale 2394 2394 Sale 104 10094 10294 100 Sale 394 394 Sale Sale 394 394 Sale Sale 894 894 Sale 87 90 8994 91 8 794 794 894 Sale 2694 2794 Sale 127 1594 Sale 5194 Sale 7094 Sale 12694 Sale 14 48 7194 126 130 126 1394 4894 67 Sale 12794 126 Sale -49 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 19 18 18 20 17 23 20 16 1 1 1 18 23 22 23 16 1 3 16 17 16 1 23 1 24 1294 Apr. Apr. 4394 Apr. 594 Apr. 994 Apr. 28 Apr. 114 Apr. 158 Apr. 9094 Apr. 1594 Apr. 694 Apr. 394 Apr. 3 Apr. 4594 Apr. 113 Apr. 494 Apr. 1294 Apr. 294 Apr. 35 Apr. 180 Apr. 5994 Apr. 16494 Apr. 494 Apr. 1494 Apr. 694 Apr. 24 8 5 5 4 1 8 5 16 27 11 4 1 23 4 12 5 9 16 29 8 8 20 22 9 30 I 6794 Apr. 16 9 11594 Jan. 11194 Apr. 3 4 5 18 94 Jan. 1694 Apr. 4 3094 Mar. 2 3594 Apr. 4 594 Jan. 18 794 Mar. 1 1694 Apr. 18 1294 Feb. Jan. 52 3394 Jan. 30 2 1194 Feb. Mar. 30 94 Jan. Apr. 1694 Apr. 12 Apr. Jan. Jan. Feb. Feb. Feb. 25 10 3 21 20 20 38 5 19 11 1 2 23 26 29 29 18 10 13 18 73 494 5494 37 94 3494 2694 10294 494 494 994 90 894 28 10 127 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 19 1594 Apr. 5194 Apr. 7294 Apr. 13 127 Apr. 88 1294 13 10094 115 103 1094 5 5 5 24 19 4 20 1 29 4 4 12 30 6 3 4 1 4 10 4 2 10 4 1 19 9 1 1194 1294 Sale 694 7 10094 Sale 1694 Sale 994 Sale 103 Sale Jan. 8094 Jan. ll94 Jan. 594 Jan. 394 Jan. 294 Jan. 40 Jan. 13 1194 Apr. 27 Apr. 25 109 103 Apr. Apr. 1294 Apr. 694 Apr. 10094 Apr. 1 2 1 5 ¥ 1794 Apr. 23 994 Apr. 23 10394 Apr. 16 18 18 25 20 31 23 13 15 Jan. Feb. 22 22 17 15 15 15 5 17 Jan. 2 Jan. 3 Jan. 3 1 1354 2494 43 94 694 954 29 9094 1594 694 594 3 19 1 Apr. 6 Jan. 3 Apr. 3 Jan. 4 Apr. 16 Apr. 27 Apr. 11 Feb. 14 Feb. 28 8 Jan. Mar. 28 Jan. 6 1294 Jan. 4 5 J* 38 Apr. 17 19194 Apr. 5 Jan. 3 Mar. 12 Mar. 5 6254 Jan. Jan. Mar. 12 171 Mar. 20 554 Jan. Jan. 15 24 2994 Apr. 26 1 Jan. 4754 Mar. 20 3 113 16 5 94 Apr. 129 Jan. 694 Feb. 27 20 118 3 158 Mar. 18 4 22 5 1494 Apr. 20 7 Jan. 3 3894 Jan. 4 Apr. 27 133 Jan. 11 1094 Mar. 18 5094 Jan. 18 394 Mar. 19 73 Apr. 594 Jan. 51 2 56 94 Feb. 6 25 12 26 3794 Apr. 3694 Jan. 23 28 Jan. 3494 3194 2394 9794 394 394 894 8294 754 Mar. Mar. Apr. Jan. Apr. Apr. Apr. Feb. Apr. 24 94 Jan. 123 Jan. 2054 Apr. 29 29 13 120 18 16 W* Jan. Apr. 10 Jan. 9 28 Mar. 13 13 127 Mar. 18 18 16 Feb. 121 6J4 Jan. Mar. Feb. 20 Jan. Jan. Mar. Apr. 4 7 4 Mar. 15 Jan. 4 5 1594 Jan. 8 Feb. 23 1594 Jan. 8 109 Apr. 18 1754 Apr. 23 994 Apr. 23 2 10354 Apr. 16 1094 Jan. 31 594 Feb. 2 90 3 Mar. 27 Jan. 97 1194 Apr. 95 Jan. 754 Apr. Feb. 12« 5 Jan. 90 13 Mar. 17 24 15 10294 Apr. 29 454 Jan. 29 494 Jan. 13 94 Apr. 19 17 4594 Mar. 5 52 67 77% Apr. 19 12394 Jan. 19 130 97 97 Sale 150 Apr. ----- 100 9 94 Mar. 20 94 Apr. 3894 Jan. 4 94 Apr. 594 Jan. 24 94 Apr. 108 Apr. Jan. 16 1494 Apr. 26 4 Apr. 1594 Sale 1494 Sale 2 12094 Apr. 29 12094 Apr. 120 12094 4 694 Apr. 29 794 Apr. 694 694 Sale 4 1894 Apr. 1894 1994 Apr. 17 1794 1794 1894 3 13 12 1294 Apr. 1394 Apr. 10 1294 1394 92 Jan. 394 894 194 3294 174 53 94 15794 394 894 Apr. 20 Apr. Apr, % Jan. 3 1994 Apr. 18 594 Jan. 19 Vvt, Apr. 27 108 9 7194 111J4 694 5054 3 154 II 794 6 8 594 Mar. 41 Apr. 15 4 8 3594 Apr. 27 12994 Apr. 12 1 2094 Apr. 29 1 Mar. 16 67 10894 Mar. 8 26 Kelsey Hayes Wheel— page 19 u 10 10094 Apr. 30 5394 Apr. 26 Sale ----- 794 Sale 1794 19 1494 1 594 95 25 110 Sale 166 133 8 5% 894 Sale 1494 694 394 294 4494 165 1494 Sale 5694 Sale 494 Sale 494 158 87 172 130 Sale 2694 Sale Sale Sale 4 94 594 113 Sale * * 594 37 18594 6094 1 1 Sale 1194 24 Sale 8 4% preferred see 9 1 72 Sale 7194 6894 Apr. 7194 Apr. 25 11394 10994 11094 10994 Apr. 16 11094 Apr. 22 3 694 Apr. 594 Sale 594 694 594 Apr. 18 47 94 Sale 4 41 4294 Sale Apr. 15 4894 Apr. 2 2 194 194 194 194 194 Apr. 194 Apr. 2 6 494 594 494 594 494 Apr. 25 Apr. 6 2094 Sale 1994 Apr. 18 2194 Apr. 1954 Sale 8 6 Sale 694 Apr. 594 Sale 594 Apr. 19 6 % Sale Apr. 27 94 Apr. 9A* Sale Sale * 11,200 Kalamazoo Stove & Furn Co 10 210 Kansas City Lt 1st pref ser B_* * 10,300 Kansas City Southern For footnotes 3 24 6894 1294 2394 83 70 480 8 110 40 10 "MOO 78,000 64,700 25 8 103 5494 Sale 3594 Sale 1494 Sale 2 19 94 Jan. 108 Sale 3 J an. 5894 Apr. Mar. 23 3 26 17 13 16 2 29 22 28 15 18 29 24 4794 Mar. 30 94 Jan. 2 994 Apr. Sale Sale 138 23 1 1494 Apr. 10 Apr. 1694 Apr. 3694 Apr. 2494 Apr. 16 Apr. 2894 Apr. 2894 Apr. 13894 Apr. 51 Apr. 3594 Apr. 1794 Apr. 12 Apr. 2594 Apr. 394 Apr. 3094 Apr. 394 Apr. 18 Apr. Sale Sale 49 9 Mar. 20 4794 Jan. 1694 Mar. 3894 Jan. 294 Jan. 294 Jan. 8094 Feb. 1694 Jan. 6394 Apr. 2194 Apr. 9194 Jan. 2 15 2494 Sale 3594 2094 6894 2494 9694 394 7 5 3 1194 Sale Sale 349-4 2494 1394 2494 2794 13594 994 14 86 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1394 10 994 1494 1494 Sale 3494 2394 2394 13 94 1494 Sale 2494 Sale 2794 Sale 13794 Sale 33 10 * * 116 118 100 15094 Sale * 8694 8894 20 1394 Sale 594 594 100 3 94 Sale 294 394 * 43 Sale 100 10894 109 * 494 Sale 1194 Sale * 194 Sale 353,000 International Nickel of Canada* Preferred 100 3,400 933,400 International Paper & Power 15 690 14 Sale 60 -* 68% Sale —100 11094 114 - v Hudson & Manhattan RR 894 1394 99-4 1494 894 5894 1894 4494 494 394 Finance— 5% preferred 100 9,300 54,500 Hud Bay Min & Sm Co Ltd __* * 53,000 Hudson Motor Car ^1 62,800 Hupp Motor Car Corp Illinois Sale 16 45 Furnace Common stock 9,700 5% preferred 1,800 50,900 Houston Oil of Texas 16,800 Howe Sound Co.. 71,100 7,000 2,630 3,450 15,200 30,700 10,300 394 88 1194 140 — 18,8d0 Sale Apr. 19 Apr. 12 Apr. 12 Apr. 13 3 Apr. 3 Apr. 9 Apr. Apr. 27 Apr. 18 Apr. 29 Apr. 19 1 Apr. 9 47 Apr. % Apr. 26 794 5494 1794 4394 394 294 8094 1694 6394 2194 9194 394 Sale Sale 134 - Paper Co—10 1794 4494 Sale Sale Sale (Del) 10 33% Sale Hollander (A) & Son 5 5% Holly Sugar Corp— 12% 1394 * 30 7% preferred 100 102% 110 Sale 59 -.12-50 64,800 Uomestake Mining 34 * 31% 5,700 lloudaille-Hershey class A Class B * 13% Sale 82,100 Holland Sale % Sale 894 Sale 1394 994 1394 Highest Saie Prices 17 24 54 l7Vs 26 % 28 % * 89% Sale 131 % 100 131 60% 61% * * 113% 115% Powder Hercules ' Sale 94 Lowest Sale Prices 1154 Sale 100 155% 160 * Sale 82 Sale 394 294 Highest Sale Prices Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 51 Apr. 3294 Apr. 15 Apr. 11 Apr. 25 107 44,700 Hercules Motors Lowest Ask 794 5594 1794 4394 294 394 8594 Sale -930 Pr eferre dAr—T_ -—T2- 25 Sale 58,600 Hall Printing 10 18 * 1694 ; 1,900 Hamilton Watch. 390 6% preferred _._r_100 101% 108 1,470 Hanna (M A) Co $5 pref * 102% 103% Sale * 27 26,300 Harbison Walker Refrac 150 80 6% preferred.100 135 39,500 2,060 4,400 3.700 2,000 18,200 17.400 27,000 1 Sale Prices April 30 Sale 794 5794 1794 51 1 Ask Bid Bid 15.*00 Grumman Aircraft Eng Corp.l 40,900 Guantanamo Sugar 2,000 8% preferred 100 2,000 Gulf Mobile & Northern...100 4,400 6% preferred-. — 100 100 3,000 2,000 Kaurmann Department Stores 1 5% conv preferred 100 100 5 4,800 Kay ser (J) & Co— 900 900 17 54 38% 28% 92 94 354 100 Ask 8% Sale 50 64 94 203,100 Graham-Paige Motors -_—1 Granby Consolidated Mining 52,800 Smelting & Power Ltd—--5 Grand Union Co (The)— With div certifs * 8,800 Without div certifs * 9,600 6,100 Granite City Steel — --* 20,800 Grant (W T) Co ----10 3,200 5% preferred.-20 90,900 Great North Iron Ore Prop---* 256,400 Great Northern pref * ---* 27,900 Great West Sugar— Preferred 100 2,430 110 3,300 1,400 * _ — Preferred Household 2,600 1,000 21,100 5.200 4,800 2,000 14,900 14,100 26,300 I 115,900 Goodrich (B F) Co 13,600 $5 preferred - 167,000 Goodyear Tire & Rubber 8,600 $5 conv preferred 14,000 Gotham Silk Hosiery 780 Bid ..* - $6 preferred Glidden Co (The)----------4 94% conv preferred 50 Goebel Brewing Co__--1 250 Gold & Stock Teleg Co.-.100 120 62,700 April Par 81,900 13,000 41,200 4,600 100,800 52,500 100 41,800 3,200 46,800 3,100 2,300 N. Y. STOCK RANGE SINCE JAN. IN APRIL 1940 Jan. 1 Shares PRICES Jan. 2 36 N. Y. STOCK EXCHANGE—STOCKS AGGREGATE SALES Jan April Price 1940 1 April 1 Par 336,200 20,200 21,800 7,200 4,650 63,900 1,200 23,000 113,500 124,000 8,300 13,700 2,400 1,090 21,500 600 5,100 41,500 Kennecott Copper Keystone Steel & Wire Co * Kimberly-Clark [III Kinney (GR) * $5 prior preferred-[lio Kresge (S S) Co Kresge Department Stores. ...i ♦ Kress (8 H) & Co Kroger Grocery & Baking 1,100 Laclede Gas Light 100 1,290 5% preferred 100 21,700 Lambert Co (The) * 4,900 3.600,Lane Bryant * 1,300 5 28,600 Lee Rubber & Tire-8,900 14,200 Lehigh Portland Cement—-25 3,100 630 1,330 4% conv preferred 100 25,900 JLehigh Valley RR Co 50 8,800 56,800 Lehigh Valley Coal -* 24,300 26,800 9,600 6% conv preferred-50 102,700 Lehman Corp. (The)___ 1 28,900 9,300 Lehn & Fink Products Corp—5 1,600 11,400 Lerner Stores Corp. * 3,600 62,700 Libbey-Owens-Ford Glass * 17,600 68,600 Libby McNeill & Libby 7 45,600 7,000 Life Savers Corp -5 2,800 8,700 Liggett & Myers Tob com—-25 2,600 Series B -25 45,200 11,600 Preferred --100 2,800 900 8,100 Lily Tulip Cup Corp—2,600 * 19,600 Lima Locomotive works * 9,200 12,400 Link Belt Co * 2,200 17,000 Lion, Oil Refining Co * 5,400 46,700 Liquid Carbonic Corp 6,400 * 779,000 Lockheed Aircraft Corp 1 401,600 130,600 Loew's Inc * 36,600 4,000 700 $6.50 preferred * -1* „..._jl42T36oL.l-,963U6a0 Loft Inc,46,400 Lone Star Cement Corp * 14,200 26,600 Long Bell Lumber A 17,100 14,200 Loose-Wiles Biscuit--25 3,100 340 20 • — 50 450 4,800 6,600 5% preferred 100 69,700 Lorillard (P) common -10 2,270 Preferred —100 23,300 Louisville Gas & Elec A-——* 18,600 Louisville & Nashville-----100 3,500 6,700 Mac Andrews & Forbes Co.-10 25,000 950 50 450 23,000 24,900 3,200 2,300 35,900 61,400 57,600 10,100 13,100 58,400 3,600 3,620 5,050 43,600 203,000 700 710 2,670 9,600 47,700 1,100 2,300 30,000 3,010 36,800 128,100 118,400 5,600 18,000 70 7,300 2,800 1,300 7,100 7,500 121,500 17,880 115,100 423,800 493,400 19.300 840 35,800 100 190 230 1,900 11,700 9,200 1,730 13,090 4,600 35,000 23,300 14,800 590 7,800 270 14,300 1,900 16,200 5,700 9,900 700 12,600 5,500 12,200 2,900 54,800 33,300 12,890 15,460 15,800 85,300 54,400 29,800 1,140 34,000 4,200 26,500 36,900 50,400 16,200 70,300 14,200 41,700 980 350 840 98,300 269,400 1,300 6,260 65,000 39,300 20,000 23,400 3,760 20,400 11,400 2,180 31,100 12,700 4,800 10,500 720 2,000 1,900 . 90 40,500 600 — 25 1 Midland Corp --5 Street Ry prior pref 100 Manhattan Shirt-- Oil Explor Marine Market Marshall Field & Co Martin (Glenn L) Co— 375* 135* 383* 2% 3 Sale 25 Sale o 8* Sale 285* Sale 85* Sale 145* Sale 16 5 345* 22 111 176 17 Sale Sale Mclntyre Porcupine Mines—-5 McKeesport Tin Plate. 10 McKesson & Robbins, Inc preferred- 100 . series A * $5.50 pref ser B with warr..* $6 preferred Melville Shoe Corp—— Mengel Co 5% conv 1st preferred- —-50 & Min Transp Co—* Mesta Machine Co 5 Merch -5 Copper Mid-Continent preferred ser B—100 Minn Moline Power Implem—1 $6.50 preferred Mission Corp Mo-Kan-Texas 7 % preferred series A ^Missouri Pacific Convertible preferred Mohawk Carpet Mills 100 100 100 20 $4.50 preferred * Preferred series B * * 50 Motor Products— * Motor Wheel Corp Mueller Brass Co 5 Mullins Mfg Corp class B $7 preferred 315* 225* Sale 1 Sale 3 3% 2V» Sale A* 155* 45* 293* 22 Sale 113 Sale Ay Sale 35* 25* Sale 15* Sale 35* Sale 235* 135* 275* Sale 24 Sale Sale 135* 275* 50 Sale 50 Sale 28 Sale Sale 65* 435* 1085* Sale Sale 108 109 Sale 1085* 173 175 179 Sale 21 Sale 225* 255* 405* 63* Sale 85* x45 Sale 57 Sale 34 Sale 345* Sale 133 1345* 5 Sale Sale Sale 465* 33* 175* Sale Sale 150 T82i~Sale Sale 245* 185* Sale Sale 19 Sale Sale 'Sale Sale Sale 14 17 Sale Sale Highest Sale Prices 35 Apr. 30 133* Apr. Apr. 25* Apr. 295* Apr. 255* Apr. 38 3 3* Apr. 65* Apr. Apr. 155* Apr. 5 Apr. 295* Apr. 215* Apr. 1085* Apr. 25* Apr. 16 /3* Apr. 3 Apr. 23 Apr. 135* Apr. 275* Apr. 485* Apr. 65* Apr. 16 30 1 24 30 27 29 1 2 1 1 19 llS 335* Sale 375* Sale 100 265* 106 110 25 245* 8 75* 46M Sale Sale &V* 99 Sale Sale 115* Sale 70 60 57 635* 305* Sale 55* Sale 215* Sale 135* 145* 2 23 3 18 33 19 Sale Sale 1665* 52 35* 170 Sale" Sale 29 30 105 108 155* 165* 109 275* 75* 395* 115* 85* 155* Sale 110 Sale fky* 40 Sale 635* 335* 43* ?i* 79 66 Sale Sale Sale Sale Sale 117 Sale Sale 50 Sale 107 108 325* 355* 107 4 Sale 39 45* 425* 95* 5* Sale 3S| I Sale 116 118 \\l* 120 119 H 50 Sale Sale Sale Sale 115* 695* Sale Sale 52 Sale 108 185* 1095* \lH Sale Sale Sale Sale 173 Sale 35* 28 35* Sale 1015* 1033* 15 153* 165* Sale 109 1105* 275* Sale 85* *373* Sale c 10 Sale Sale Sale 555* Sale 435* 443* 285* Sale 52 Sale 28 Sale 315* Sale 85* Sale 83* Sale 1035* 1065* 1065* 108 10 Sale 95* 76 535* It* it* 235* 45* 365* 145* 825* 111 75* 501 Sale Sale Sale Sale 78 17 Sale 79 725* Sale 335* Sale 45* Sale 215* 215* 245* Sale 305* Sale 105* Sale 155* Sale 385* Sale Apr. 43* Sale 48 475* 105* Sale 5* Sale 35* Sale 5* % 16 ^ UfM o ,y° Sale Sale Sale 1195* 1215* Sale Sale 505* Sale 43 5* 42 43 Sale 27 265* Sale 145* Sale Sale 175* Sale Sale Sale 23 4 Sale 45* 315* 32K Sale 135* Sale 785* 795* Sale 1095* 1115* Sale 75* Sale 53 523* 513* Sale 16 Apr. 165 Apr. 505* Apr. 35* Apr. 28 Apr. 102 Apr. 145* Apr. 16 Apr. 110 Apr. 253* Apr. 75* Apr. 37 Apr. 95* Apr. 6 Apr. 255* Apr. 75* Apr. a;1055*Apr. 95* Apr. 78 Apr. 66 Apr. 335* Apr. 45* Apr. 213* Apr. 14 Apr. 29 Apr. 10 15 Apr. Apr. 355* Apr. 120 Sale 117 Apr. 535* Sale 50 Apr. 1055* 1075* 104 Apr. Sale Sale Apr. 41 Apr. 143* Apr. 185* Apr. 415* Apr. 375* Apr. X095£Apr. 395* Apr. 455* Apr. 45* Apr. 1 343* Apr. Apr. 283* Apr. 1 31 Apr. 123* 375* 45* 63* 323* 325* 165* 165* Apr. Apr. Apr. Apr. Apr. Apr. 30 Sale Sale 29 16 136 305* Sale Sale 365* 1165* 505* Sale Sale 135 30 it* 18* Sale 21 17 19 Jan. 16 125* 263* 485* 65* 415* 1053* Jan. Jan. Jan. Jan. 1 20 26 19 19 8 19 15 1 323* Apr. 9 169 Apr. 17 53 Apr, 45* Apr. 15 305* Apr. 25 105 Apr. 16 16 Apr. 26 175* Apr. 15 110 Apr. 19 29 Apr. 16 95* Apr. 15 395* Apr. 19 115* Apr, 19 83* Apr. 19 325* Apr. 18 95* Apr. 10107 Apr. 2 145* Apr. 80 Apr. 725* Apr. 345* Apr. 55* Apr. 24 Apr. 255* Apr. 325* Apr. 125* Apr. 165* Apr. 405* Apr. 120 Apr. 54 Apr. 17 108 Apr. 19 33* Apr. 17 Apr. 10 1 95* Apr. 5* Apr. 16 3 Apr. 18 2 3*6 Apr. 43* Apr. Apr. Apr. 5* Apr. 35* Apr. 5* Apr. 1 3* Apr. 1fi^Apr- 30 16 Apr. 185* Apr. 1 1183* Apr. 1115* Apr. 1165* Apr. 15 118 Apr. 1185* Apr. 10 1215* Apr. 493* Apr. 27 555* Apr. 8 405* Apr. 425*'Apr. 265* Apr. 26 285* Apr. 1 16 135* Apr. Apr. 163* Apr. 19 185* Apr. 215* Apr. 23 24J* Apr. 4 Apr. 19 45* Apr. 315* Apr. 22 365* Apr. 123* Apr. 12 15 Apr. 783* Apr. 29 83 Apr. 110 5 Ill Apr. Apr. 65* Apr. 27 85* Apr. 51 3 53 Apr. Apr. 40 106 Mar. 235* 1495* 165* 545* Apr Mar Feb Apr 12 33 Apr 11 133 Jan 15 2 18 3 19 16 8 Apr. 8 Apr. 4 Apr. Apr. 11 3 Apr. 1 Apr. Apr. 24 13* 55* 85* 153* 473* Apr. 14 3* Apr. 363* Apr. Jan. 245* Mar. 6 365* Jan. 27 113* Jan. 4 155* Jan. 15 273* Mar. 41 333* Jan. 106—Jan.. 8 185* Jan. 8 425* Jan. 10 25* Mar. 8 l6>* Jan. 11 16 15 5 15 11 5 4 18 15 30 3 2 11 27 35 12 136 6 1 4 1 9 11 30 1 30 5 2 6 18 4 4 3 Apr. 11 3 Apr. 15 123* Jan. 4 38 Mar. 8 45* 75* 355* 32 5* Apr. 18 Apr. 16 17 Feb. Mar. 11 14 5* Jan. 14 5* Feb. 3 165* Apr. 16 16 5* Jan. 7 Apr. 11 1 Mar. 20 45* Apr 3 5* Jan 13 20 31 Jan 31 355* Jan 73* Jan 315* Apr 19 15 15 15* 55* 85* 153* 473* 143* 405* Feb. Jan. 28 28 8 5 Mar. 29 Feb. 21 Apr. 16 Apr. 15 Jan. 8 255* Mar. 14 325* Apr. 15 6 170 Mar. 1615* Jan. 2 50 Mar. 18 22 3 5* Jan. Feb. 108 Jan. Feb. 99 Jan. 2 Feb. 15 17 15 18 19 19 18 2 5 Mar. 19 7 Jan. 15 85* Jan. 27 28 47 104 535* Jan. 4 45* Feb. 23 3 305* Apr. 11 105 Mar. 29 13 8 165* Jan. 31 6 95* Mar. 23 64 Mar. 23 Mar. 16 iir* Apr. 8 Feb. 24 29 Apr. 3 95* Apr. 25 3 475* Jan 9 125* Jan. 1 83* Apr. 32 5* Apr. 1 4 95* Jan. 107 Apr. 15 145* Apr. 23 80 Mar. 1 725* Apr. 30 345* Mar. 5 £y* 26 Jan. 5 Feb. 21 255* Apr. 30 32 5* Apr. 8 12 5* Apr. 10 2 163* Jan. 8 405* Apr. Feb. 25 120 29 54 Apr. 8 Apr. 110 Jan. 20 Jan. 33* 375* 95* 5* 23* 3*6 3* Jan. Jan. Mar. Apr. Mar. Jan. Jan. 16 Apr. Jan. 29 Mar. 5 43* Apr. 24 Apr. 25 Apr. 8 15* Jan. 43* Jan. % Jan. 16 48 11 11 16 16 22 18 5* Jan. 30 193* Jan. 15 1183* Apr. 30 8.118 Jan. 8 1165* Mar. 118 Mar. Jan. 30 104 493* 405* 265* 105* 153* 215* Apr. Apr. Apr. Jan. Jan. Apr. 4 Jan. 30 Feb. Jan. 10 3 675* Jan. Feb. 5 5* Jan. 9 495* Mar. 1 4 25 5 2 1 1 5 2 17 3 4 4 11 Jan. 33 111 25 8 Apr.—8 Jan. 2 Apr. 10 Jan. 8 24 15 Mar. 15 Apr. 145* Jan. 13 11 3 Mar. 27 Apr. Jan. 27 28 6 48 Jan. Apr. 6 Apr. 27 60 135* Mar. 3 143* 183* 415* 375* 1095* 395* 46,5* 45* 183* 215* Jan. 21 8 ^ 41 19 10 4 4?* Apr. 10 8 11 4 3 533* Jan. Apr. 20 Apr. 15 109 Apr. 15 1095* Apr. 5 180 Apr. 18 235* Apr. 4 20 160 10 30 10 Jan. 29 30 Jan. 7 109 Jan. 19 255* Apr. 6 53 5* Feb. 295* Jan. 30 1 45* Apr. 11 19 31 75* Apr. 9 4 Feb. 15 1 15 15 18 Apr Jan. 19 5 Feb. Feb. 28 5 23 5 275* Jan x22*X Jan. 7 5* Jan. 37 Apr. 95* Apr. 6 Apr. 255* Apr. 1 2 18 115* 335* 23* 65* 145* Jan. 14 5* Jan. 3 3 Jan. 98 2 2 8 Jan. 283* Jan. 5 25 4 10 15* Jan. 45* Jan. 245* Apr. 18 18 4 Jan. 19 4 3 15 Jan. 16 26 15 12 5 5 Jan. 23 3* Mar 3 8 235* 12 9 8 2S^ 13 115 29 4 Mar. 21 365* Sale 5 105* Sale Sale 30 19 9 31 iS h 8 315* Sale 31 6 171 20 Sale Sale Sale 65* 11 4 Apr. 155* Sale Sale Sale Sale 185% Jan. 163* Jan. 65* Apr. 18 145* Apr. 1 Apr. 45* Apr. 7 Apr. 135* Apr. 43 Apr. 115* Apr. 315* Apr. Sale 293* 103* 155* 45* 395* 95* 365* 1 14 tlH 138 5 Feb Feb Apr Feb Apr Apr Apr Feb. 26 165* Sale 165* Sale 145* 145* 15* 15* 43* Sale 75* 145* Sale 435* Sale 125* Sale 33 325* Sale Sale Sale 135 Jan. Feb. 3 19 9 16 Feb. Jan. 15 3 12 105 115* Apr. 18 345* Apr. 25 3 1 Apr. 65* Apr. 25 315* Apr. 30 31 1 Apr. 165* Apr. 16 145* 8 20 21 4 Mar 5 28 1 Sg 9 Apr. 19 15 Sale 165* 1 Jan Apr. Sale Sale 4 3 Feb. 16 Feb. 26 295* Jan. 345* Apr. 45 295* 113* 355* 35* 65* 29 Apr. Apr. Apr. 155* 43* 293* 215* 1085* 2 5* 3* 25* 26 10 65* Apr 14 16 27 18 1095* Apr. 5 180 Apr. 29 235* Apr. Apr. Apr. 175 Apr. 205* Apr. 25 Apr. 37 Apr. 125* Apr. 165* Apr. 34 Apr. 34 Apr. 12 125* 355* Sale 35* Sale 7 65* 305* 315* 145* Sale 143* 145* 155* Sale 13* a 45* Sale 1 15 Jan. Feb. 9 Apr. 18 Jan. 24 Apr. 8 Feb 285* 1 Apr. 8 Apr. 5 Apr. 8 Apr. 5 Apr. Apr. 27 4 Apr. Apr. 22 Apr. 22 15 385* 145* 463* 23* 313* Apr £H Apr. 15 12 109 435* Apr. 28 27 Jan. 25* Jan. 255* Jan. 24 5* Jan. .1091*. 108 Apr- .10 Sale 325* Apr. 19 Sale 1 435* Apr. 3 1 Apr. 18 3 Apr. 175* Apr. 108 107 Apr. 24 1075* Apr. 24 2 245* Sale 235* Apr. 19 255* Apr. 160 Sale 2 160 Apr. 17 1495* Apr. 2 5 195* 195* 185* Apr. 195* Apr. 5 555* 565* 545* Apr. 19 595* Apr. 33 345* Mar. 18 135* Mar. 2 35 108 Sale 28 9 Apr. 108 12 26 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 255* Apr. 7 23 2 2 Sale Sale 335* 35* 15* 45* 243* 135* 283* 515* 95* 17 26 345* Sale 35* Sale 85* 173* 165* 65* 13 113 255* Sale 140 385* 145* 465* 25* 313* 345* Apr. Sale 134 Highest Sale Prices Apr. 35* Apr. 29 Apr. 29 Sale Lowest Sale Prices 26 275* Apr. 315* Apr. Ay* rlH Sale Sale Sale Sale Sale 35* 29 345* Sale 245* 1565* 205* 585* Sale Sale 28 107 325* 355* 1065* 14 445* 30 110 Sale 255* 1 43* * * 10 * 673* 100 109 10 5 * Sale S3* 115 Monsanto Chemical Wks._—10 Montgomery Ward & Co Morrell (J) & Co Morris & Essex Sale Sale 255* 33* 109 Sale 16 5 $3 series conv pref McLellan Stores Co. 83* 175* 155* 35 1 Sale Prices Lowest Ask 135* 435* Sale Sale Sale 125* 145* Sale 155* Sale 100 365* 135* Sale 385* Sale 25* 23* 295* Sale 255* Sale 35* Sale 27 J* 275* 315* Sale 111 April 30 Ask Bid Sale 255* Sale 375* 125* 135* 18 Sale 165* Sale 385* 85* Sale 36 345* 108 109__ 1085* "37 W Sale 355* 435* Sale 435* 35* Sale 35* 175* 175* 175* 98 — 6% conv preferred--. McGraw Electric Co_ McGraw Hill Publ Co 40. 18. 28 35* 255* 1st preferred McCrory Stores see page 178 305* Sale McCall Corp 4% conv Sale 22)* 1145* Sale Sale Sale Sale 135* 285* Sale Sale 100 1615* Stores—-10 525* "535* —- Bid Sale 40 365* Miami Sale 33* 13* 35* 225* 125* 275* 523* 65* 413* Sale 1065* Sale 1065* Sale Martin Parry Corp 6% conv Mead Corp 45* 29 Masonite Corp $6 14 Sale 26 405* 83* Munsingwear Murphy Co (G C) 200 5% preferred 17,200 Murray Corp of America 3,100 Myers (F E) & Bros For footnotes deposit— Petroleum-—10 Midland Steel Products —* 3,120 8 % 1st preferred- -100 23,800 Min-Honeywell Regulator Co.* 250 500 guar-100 Modified 5% guaranteed 100 Certificates of deposit.—Maracaibo Ask Sale 6 IManhat'n Ry Co 7% 7% preferred 23,000 May Department 9,000 Maytag Co (The) 2,800 $3 preferred 17,800 56,600 1,000 38,100 12,900 23,300 73,900 202,600 30,400 17,800 1,050 51,700 16,100 3,000 5,100 23,900 143,400 20,500 7,200 —* Mandel Bros------ Certificates of Bid * -— Madison Square Garden--—-* Magma Copper .—10 Manati Sugar Co 170 350 100 100 6% preferred Mack Truck Inc Macy (R H) Co Inc— 43,900 Mathieson Alkali Works 3,600 19,100 RANGE SINCE JAN. Jan. 2 Shares Share.* PRICES IN APRIL STOCKS N. Y. STOCK EXCHANGE Since In 109 45 Jan. Feb. 305* Feb. 16 Apr. 183* Apr. 265* Jan. 55* Feb. 39 Fefo. 153* Mar. 83 111 3 2 1 18 4 9 16 28 20 Mar. 29 Feb. 14 85* Feb. 16 Apr. 8 53 N.-Y. STOCK MAY, 1940] AGGREGATE SALES Since April Shares 67,800 April 1 900 100 700 400 1,900 600 1,800 19,700 7,800 81,500 840 880 12,600 3,260 24,000 800 31,000 100 30,200 700 220 9,900 23,800 21,100 32,100 2,600 3,000 250 52,400 3,400 1,300 30 3,600 . 18,900 4,500 215,900 6,900 20,100 5,200 2,500 4,900 190 110,000 4,900 4,000 168,500 30 70,700 800 400 8,300 60 77,000 8,200 11,900 650 1,400 17,800 190 10 17,800 85,800 21 National Acme 15 J National Aviation 15 16 19 91 94 k 19 k 96 -* preferred 10 100 100 7% preferred A 6% preferred B * Nat Mall & Steel Cast Co --* National Power & Light National Steel Sale Sale 19 k 15 % Sale 114 113 111 ""6k 6 k' 6 Sale 24 H Sale 12k 13 k Sale S1H Sale 2§H 78 83 41 40k 110 111k W 700 10,600 2,400 100 5 100 7% 110k 1,200 10 1 50 100 * -_* 6 Sale 100 Sale * Sale 73,800 Otis Steel Co Sale Sale 6k Sale 400 800 338. 2,000 10,200 6,000 43.700 6,400 700 9.500 114 124,400 Pacific Amer Fisheries Inc 13 k 42 k 42 k Sale Sale "46 k Sale 17k Sale 31k 5k Sale 431,800 Packard Motor Car 118 4% conv 6% 1st preferred.. 6% 2d preferred Park & Park Utah Parke Tilford Cons Davis & Co Parker Rust Proof Co. Parmelee Penney (J C) Co Penn Coal & Coke.. Penn-Dixie Cement $7 1,600 4,600 6,730 12,900 3,500 25,570 34,300 182,400 19,300 2,400 36,100 Eastern 21 Sale 13 Sale Sale Sale 140 6k Sale Sale 23 k 12k * Sale 132 1 10k Sale 2.50 10 * .* 10 * Co Phelps Dodge 25 Philadelphia Co pref 6% 50 $6 preferred * Philadelphia & Reading C & I_» 62 k 9k Sale 1 Sale 42 102 42 Sale 8k 18 k 17 2k Sale 43 k Sale 20 k Sale lk Sale iik Sale 6k Sale 59 k Sale 92 k Sale 3k 3k 3k Sale 21 k 23 * * 115 k 2 13 14 22k Sale" 42 Sale 3 k 4 k 12 k Ilk 33 Sale 27 Sale 20 k 8 22 k 6k 35 k Sale 2k 10k 4 Ilk 35k 25 25 k 21k 22 7k Sale 35 9 Sale Sale 37 k Sale 44 81k 43 k 83 82k k 44k 86k Sale k Sale 90 9k 20 k Sale Sale 21 lk Sale 7k 58 k Sale 95 Sale 3 3k 22 12 59 3k Sale Sale 12k Sale . 6k AH _ 26 29 19 99k 20k 15 12k 18 k 115k 111k 6k 7 k 26k 14 Ilk 90 22k 169 145 26 k 8k 69 k 9 k 13k 43k 43 k 8k 10k 23k 91 53 k 24 110 73 k 17 Ilk Apr. 19 13 k 45—Apr. 26 lO 15k Apr. 18k 17k Apr. 20k 31 36 k Apr. 31 6k 7k 110 54 k k k 17k 109 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 33 k 8k 12k 115 27 111k 54 25 ks lk k 26k 121 35k 20 220 2 112k 23 k 16 30 57k 15 57k 26k 90 9k 112k 36 26 23 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 17 16 10 2 8 8 4 4 3 16 9 17 1 8 8 9 4 3 3 4 2 11 19 29 6 16 8 Apr^ 8 9 Apr; 8 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. 4k 39k Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. k Apr. 41k Apr. lQOk Apr. Apr. k Apr. . S//s Apr. 2 43k 20 k lk 10k 6k 58 k 92k 3 3 k 20 13 11 20 30 4 25 19 17 19 19 30 17 20 27 1 26 11 16 18 16 5 Apr. Apr. 5 Apr. 16 Apr. 29 Apr. 10 Apr. 18 5 Apr. Apr. 25 1 Apr. Apr. 20 Apr. 19 Apr. 16 Apr. 10 22 21k 36k 2k 10 36 24 Sale, "21k Sale Sale Ilk Sale Sale 24 Sale 7k 9k 35 k 45 k Sale 80 Sale Sale Sale 83 k Sale 21k Apr. 18 40 Apr. 16 19k Apr. 22 33 Apr. 18 2k Apr. 15 11 Apr. 2 3 34k Apr. 24 Apr. 19 21k Apr. 3 7k Apr. 19 8 k Apr. 1 35 k Apr. 30 43 k Apr. 2 80 Apr. 26 k Apr. 1 Apr. 6 22k Jan. 165 Jan. 16 Jan. Jan. Feb. Apr. Jan. Jan. 110 Apr. 109k Jan. 5k Mar. 8k 9k 39 k 46 k 85 ke 1 16 30 15 __ L-Jan.__1841 Jan. 22 14 k Mar. 16 15 Mar. 18 29k Mar. 31 Apr. 3k Jan. 6k Jan. 22 22 6 _ 30 25 1 1 4 22 13 16 19 12 31 k k k 13 k 92 Apr. 27 Apr. 12 4 Apr. Jan. 15 Jan. 28k Jan. Jan. 110k Feb. 20k Mar. 56 Mar. 55 Apr. 10 8 Apr. 9 Apr. 9 Apr. Apr. 25 4 Apr. Apr. 23 Apr. 11 Apr. 11 5 Apr. Apr. 22 15 3 30 15 24 6 1 Apr. Apr. 17 3 Jan. 8 Jan. Mar. 12 Apr. 17 Jan. 3 Jan. 3 Apr. 8 Mar. 14 Apr. 4 6 Jan. 3 Jan. Jan. 31 9 Apr. Jan. 31 Jan. 29 4 Jan. 3 Jan. 3 Jan. 4 Jan. 4 Jan. 3 Apr. 4 Apr. 2 Apr. Apr. 11 Mar. 13 Apr. 29 Apr. 6 __ Mar. 88 7k 110k 33 k 3k 38 Jan. Mar. Apr. Jan. Apr. Apr. 6k Feb. 18k Jan. 13 Apr. 103k Jan. 4k Apr. 15k Apr. 138k Apr. 9k Mar. 35 Mar. 26k Jan. 54 Apr. 119 Feb. 59k Jan. 5k Feb. 118k 21k 33k 19 k 33 ly 9 3 Jan. 50 18 k Jan. 21k Jan. 3 Jan. 3 39 4 9 33 k Mar. Apr. Apr. Mar. Apr. Feb. Jan 22 22 11 30 20 3 Jan. 2 4 11 k Jan. 22 13 6 22 220 Apr. 29 26 113 k Mar. 27 __ 5 6 5 23 k Jan. 59 Jan. 3 Jan. 10 3 58 26 k Jan. 5 90 k 9k 16 26 113 30 36 5k 26 23 42 k 8 8 Feb. 20 3 Jan. _ Mar. 25 Apr. 29 Jan. 3 Jan. 12 Apr. 4 4 23 k Apr. 14 k Mar. 112 4 Mar. 28 5k Apr. 18k Jan. 4 Feb. 12 k Jan. Jan. 41 19 3 11 32 k Apr. 55 Jan. 22 Jan. 17 64 k Jan. 6 144 120 4 4 10k Apr. 26 Feb. 6k Jan. 6 Apr. Apr. 23 k Feb. 13 12k Jan. 14 Apr. 34 k Apr. 4 Jan. Apr. Apr. Jan. 50 15 15 Jan. 16k Jan. 3 . 4 Jan. 139 Mar. 12 Apr. Apr. Apr. 154 Jan. Feb. Jan. Jan. 24 7k Jan. 4 8 k Jan. 4 4k Mar. 11 25 k Apr. 4 S 8k Apr. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 45k Apr. 5 101k Jan. 25 8k Apr. 4 94 Apr. 15 10k Apr. 6 Feb. 6 Feb. 2 k Apr. Feb. 44 k Apr. 22 k Apr. 12 9 16 Jan. Feb. Is Mar. 2 k 12k 8k 62 k Feb. 95 Jan, Jan. Jan. Apr. Apr. Mar. Jan. Jan. Feb. Mar. 12 Mar. 4 Apr. 18 Jan. 5 Jan. 2 4k Jan. 8 4 Feb. 17 25 Jan. 3 16k Jan. 118k Jan. 24 k Jan. 5 43 5 4 Apr. 21 Apr. Apr. 4 17 APP- 38 k Feb. 3 Apr. 4k 13 k 39 k 29 k Jan. 9 Mar. 30 k Feb. !iH 4 JAMr Feb. 20 26 k Apr. 30 121 Apr. 15 35 k Apr. 20k Mar. 18 5 29 8 2 _ 8k 12k 110 Jan. 9 115k 110 Apr. 27 111k 52k Jan. 5 56 208 4 8 91 Feb. Jan. Apr. Apr. Jan. Mar. 40 Jan. 16 53k Jan. 107k Mar. 12 110 70 Apr. 17 75 k Mar. 4 8 99k 20k 16k 13 k 18k 116k 26 8 8 24k Apr. 43 4 Apr. 21 Apr. 17 36k Apr. 30 24 17 19 __ Jan. 83 ifA 13 k 39k 29k 4 24 30 114 6k 9 7k 6 Jan. 2 23 Jan. 15 26 k 15k 12 k Apr. 25 12k 9k Apr. 25 96 88 k Apr. 30 19k Feb. 7 22 k 165 Apr. 8 173k 140 Mar. 9 148k 21k Mar. 18 27 8 k 7k Mar. 6 73 k 63k Jan. 22 9k 7k Apr. 19 13 k 12 Apr. 20 2 43 k 39 Jan. 40k Feb. 10 43 k 4 3 k Jan. 8k 10k 9k Jan. 10 22k Apr. 26 25k 3 6k Apr. 5k 3i 19k Apr. 17 6 10k Apr. 8k 14 Apr. 15 11 34k Apr. 15 31k 9 48k Apr. 42 k 16 Apr. 24 12 135 9 130 k Apr. 8 150 152k Apr. 4 6k Apr. 5 4 8k Apr. 6k 6 3k Apr. 3k 4 Vl5k 25k Apr. 6k 1 4 Apr. H 5 45k Apr. 41k 101k Apr. 26 100 4 8k Apr. 7 94 Apr. 15 85 6 10k Apr. 18 5 Apr. 2k Apr. 12 lk 44k Apr. 9 22 k Apr. 16 1 lk Apr. lk o 12 1 Apr. k 8k Apr. 18 5k 60k Apr. 15 55 95 Apr. 16 88 3 k Apr. 4 2 k 4 3k Apr. 3k 23 3 Apr. 20 14 4 Apr. 13 3 7 k 22 k 21k 16 k 2 24k 24 170k 26 17 k Mar. 6 13 k Jan. 13 Ilk Mar. 8 92k 18 k 2 13k 6 ■10k 17 16k 121 121 37 43 k 20 k 4 __ 19 8 7k Apr. 12 Apr. 4 Sale 20 23 k Apr. Apr. 18 4 Sale 13 Apr. 15 14k Apr. 6 109 110 Apr. 11 112 Apr. 2 5k 4k Apr. 17 5k Apr. 4 Sale 15 k Apr. 20 17 Apr. 25 143 138k Apr. 19 142k Apr. 5 Sale 10 k Apr. 19 Ilk Apr. 9 37 k 35 Apr. 16 40 Apr. 4 29 31 2 Apr. 32k Apr. 4 Sale 54 5 Apr. 30 Apr. 6 120 120 Apr. 25 120 Apr. 25 Sale 61 3 Apr. 63k Apr. 8 Sale 6 k Apr. 1 10k Apr. 26 40 k 9k 18 1 5 * 16 k 141 27 7 Apr. 3 20k Apr. 21k Apr. 16 k Apr. 24k Apr. 166k Apr. 30 Sale 94 101k 100k 7 k Sale, 88 87 k 91 .100 10 _ 7 6 5k 6k Sale 5k Sale 17 17 19k Sale Sale 9 8k 9k Sale 13 k 12k 12k 13k 12k 32 k Sale 31k 33 k Sale 44 k 44 k 42k 48 k Sale 14 15 k 14k 14 k Sale 133 k 132 132 132 k Sale 152 k 150 150 149k 153 Sale 5 5 6 6k Sale 6k 7 7k Sale 3k 3k Sale 3k Sale Sale 20k 22 22k Sale k 41k 100 100 100 109 k 4k Sale Sale * 100 100 7k Sale 6k 25 Petroleum Corp Pfeiffer Brewing 139 Sale 62 k Sale Pet Milk 40, Sale 5 Ry Pere Marquette Ry 5% prior preferred 5% preferred^ see page 118 Sale conv Peoria & k k Sale Sale Penn Glass Sand New.. Sale Sale Sale pref series A * Corp v t c__* $7 conv preferred * 100 50 354,000 Pennsylvania RR Co 5 4,600 People's Drug Stores Inc 1,200 12 110 k 26 125 * * .10 16,000 People's Gas Light & Coke. 100 41k Sale 117 Transportation Co.* Corp .1 Penick & Ford k k k 54 Pathe Film Patino Mines & Ent Cons 64k 7k 39 55 35k 29k 1 Mines 8 43k Sale Sale 55 * Paramount Pictures 23 k 13 k 42 112 52 29k Ref preferred Sale 110 51 * 6.400 Paraffine Cos Inc Sale 44rk"-~'4"6 WAv 15k Sale 18 k 18 32 k Sale 32 k Sale 6k 7k 10k Sale 28k 785,100 Pan American Airways Corp..5 5 4,200 Pan Amer Pet & Trans 23,500 Panhandle Prod & 5k 16k 10 k 37 k 10 9,700 Pacific Western Oil Sale Sale 12 120 ..100 700 6% preferred 100 1 36,949 Pacific Tin Consol Corp For footnotes 170 * 55 10 2d preferred 4,500 Pacific Finance Corp (Calif) Pacific Gas & Electric 71,500 4.520 111 43 5 1,640 Pacific Coast 1st preferred 3,240 7k 22k 13k Sale $5.50 conv 1st preferred—* 4,300 5 7,000 Outboard Marine & Mfg 380 Outlet Co Preferred 100 60 58,300 Owens-Illinois Glass Co.. 12.50 1 ,'200 5,300 4k 7k 109 50 50 6% preferred 109k Sale 5k 7k 6k Sale 24k 13 12 k Sale 9k Sale 88k Sale 20k Sale 33 k 34 35 33k 216k 217k Sale 218k 220 112k 111k 113k 110k 110k 22 k Sale 22 k Sale 21k Sale 57 k Sale 58 57k 58 57 k Sale 56 57 k 22 k 22 k Sale 24 k Sale 90 89 90 89 k 90 8k Sale 7k 8k Sale 112 110k 113k 109k 111 35 k 33 k Sale 36k 33k 3 k 4 k Sale 3k Sale 38 41 38 36 39k Sale 289,900 4,900 27,100 1,600 52,400 35,100 36,200 22,100 174,200 67,500 15,600 88,800 15,800 17,500 5,600 1,900 107". 600 31 17k 29,800 Oliver Farm Equipment 28,300 Omnibus Corp (The) 8% pref series A 100 2,590 3,800 Oppenheim Collins & Co....* * 50,100 Otis Elevator 930 110 Sale 111k 50 197,300 Ohio Oil Co (The) 107,400 2,300 11,700 400 17 32 3,600 North States Pow Co $5 pref.* 1,890 Northwestern Telegraph.—50 * 21,300 Norwalk Tire & Rubber Preferred 50 180 180 18,300 11,900 8,500 3,500 42,400 44,300 3,500 22,200 1,400 5,800 2,800 16k Sale 32 k Sale Sale k« Sale lk Sale k k 60 900 45- Sale 1,380 Pacific Telep & Teleg 103,600 245,300 12k Sale Sale Apr. 26 29 1 Apr. 26 Apr. 26 Apr. 17 Apr. 25 Apr. 3 4 Apr. Apr. 16 Apr. 25 9 Apr. Apr. 24 Apr. 30 2 Apr. 3 Apr. Apr. 29 Apr. 25 Apr. 25 Apr. 30 Apr. 19 8 Apr. Apr. 18 2 Apr. 1 Apr. Apr. 17 Apr. 19 Apr. 20 Apr. 17 Apr. 18 Apr. 10 10k Sale 10k Apr. 23 22 k Apr. 24 k 25k 22 88 k 91 87 k 90 91 Apr. 46 50 53 k Sale 50 Apr. 109 112 108 k 112 108k Apr. 69 k 70 71k Sale Apr. Sale Convertible 360 230 . 50 32,500 Pacific Lighting Corp 22,900 Pacific Mills 8,600 4,600 8 9k 24 k * 780 Northern Central 162,300 Northern Pacific Sale 13k Ilk 17 k 24k 8k 64 k 8k 12k 40 k 40 k 23k 8 k 67 k 8k 12k 41k 40k 27 Sale 47 41k 3 k Sale 468,900 North American Aviation 20 J\V* Sale Sale 25 H 8k 39 307,300 North American Co Preferred 6% series 12,400 Preferred 5% % series 16,900 20 Sale £142 100 preferred—.100 JN Y Ontario & Western.. 100 N Y Shipbuilding pt stock 1 7% preferred 100 Noblitt-Sparks Indus Inc 5 Norfolk & Western Ry 100 Adj 4% preferred 100 4,020 96 17k Sale 46,800 JN Y N H & Hartford 10,000 14,100 1,450 18 k 98 k 143 k "53"" "65"" 5,100 338,700 165 k Sale 780 N Y Lack & West Ry Co.-lOO 49,400 14 k 22k Sale 145 Sale 100 10% preferred Sale 144 100 serial pref—100 92 k 24k Ilk 9k 88 k 20k Sale 6 17 k Apr. 17 Apr. 165 Sale Neisner Bros Inc 97 Sale 173 Sale Natomas Co Sale Sale Sale Highest Sale Prices 170 Sale * * 1 Sale 19k 13 k Ilk Sale 17k Sale 110k Sale 109 k 5k 5k 13 k Sale Lowest Sale Prices 170 9 13,000 N Y City Omnibus Corp 4,200 New York Dock 5% preferred 6,400 480 New York & Harlem 40 21k 6 i7k 20k 14k 22k 166k 18 k Sale Sale Highest Sale Prices 165 12k 5k % prior preferred 6% prior preferred Ilk 88 96 72 National Tea Co. 5k 6k 26 k 12 k 98 k 20 Sale Ask Sale 20 166 k 172 25 Co of Pa—10 preferred —40 National Supply 19k 14k 12 k 18 k 12k Sale 16k Sale 1152-4 116k 17,200 N Y Chicago & St Louis.-.100 6% preferred series A 100 790 • Co.-* National Lead Co 1,980 2,180 1,400 25,900 11,300 5,800 " Sale 170 Sale 7% preferred class A 100 7% preferred class B 10J National Dept Stores -* 6% preferred -----10 National Distillers Products..* Nat Enamel & Stamping * National Gypsum Co 1 conv Sale 24 National Bond & Share Oorp.* National Cash Register. ——* National Cylinder Gas Co. - -1 National Dairy Prod Corp.--* 4k % 14k 19 k ---100 5% pref series A conv. Sale 162 Nat Bond & Investment $2 Sale 18 k 17 k 172 10 .__100 7% preferred conv 22k Lowest Sale Prices April 40 Ask Bid 13 22 165 Corp——-5 National Biscuit Co 14.50 Bid 6k Sale 48,300 320 34,000 2,300 3,400 Nash-Kelvinator Corp— Nashville Chatt & St Louis.100 Ask - 10 340 Bid 5,800 Newberry Co (J J).. -* 400 5% preferred series A..-.100 10 10,200 Newmont Mining Corp 70,800 Newport Industries Inc..—..1 * 14,700 New York Air Brake * 599,600 New York Central 40 26,600 26,700 1,300 222,300 1,560 3,600 4,100 1940 Par 255,300 3,580 114,700 178,800 137,700 1,800 9,400 1,700 5,500 55,100 23,700 220,300 2,400 2,420 24,100 13,760 92,300 3,300 88,500 1,900 104,400 2,900 1,170 29,500 94,700 57,500 77,600 7,410 11,300 1,190 190,300 12,100 2,800 610 70,800 92,000 43,400 1 Jan. 2 EXCHANGE Jan. 1 Share* N. Y. STOCK RANGE SINCE JAN. PRICES IN APRIL Price STOCKS In 37 EXCHANGE—STOCKS Mar. Jan. 7k Mar. 6k Jan. Apr. 8 Apr. 9 Apr. 9 24 Apr. 25 8 k Apr. 4 2 10k Feb. Feb. 40 40k Jan. 2 Jan. 47 Jan. 11 85 Jan. 4 Mar. 1 74k Jan. k Mar. N. T. STOCK EXCHANGE—STOCKS Price STOCKS PRICES IN APRIL Jan. 2 N. Y. STOCK EXCHANGE 1940 April 1 Par Bid Philip Morris & Oo 10 5% conv pref series A—100 Phillips Jones Corp * 132 Preferred 40 50 89 Sale 5% 100 pref Pillsbury Flour Mills UH Pirelli Co of Italv Am shares. 2 "8 18 100 3 22 76 L54 4 5% 5% conv >rocter & Car 4, 538, 32, .09, 13, .36, 20, 22, 3, 4, 5, 1 19 143 Apr. Apr. Sale Apr. 3i« Sale Apr. 13% Sale Apr. 13% Sale Apr. 36 39 41 37 Apr. 68 68% Sale 69% Sale Apr. 115 Sale 114 Sale 113% Apr. 42 Sale 42% Sale 41% Apr. 115 Sale 113% Sale 112% Apr. 126% 127% 126 126% 126 Apr. 145 146 143% 145% 144 Apr. Sale 164 Sale Sale Sale 112% 125% 1, .27, 2, 67, 500, 3, 10, 17, 5, 39, 10, 16, 1, .00, 8, 6, 7, 75, 87, 10, 32, 24, 17, 1, 27, 9, 9, 138, 96, 13, 67 5, 42, 2, 71, 5, 29, 39, 4, 5, 16 12 8, 1 3, 6, 4, 34, 93% Sale Sale Sale Sale Sale 16% Sale Sale 26% Sale 3% 47% 13% Sale 12% Sale 25 Sale 14 15 Sale 14% 6% 100 90 67% Sale 66% 6% Sale 21% Sale 27 Sale 35 Sale 15% Sale 26 20% 3% 40 10% 7% 12 26% Sale 3% 45% 13 Sale 12% 8% Sale 58 52 55 69% 65% 67 1% Sale lepublic Steel Corp * 6% conv preferred 100 6% conv prior pf ser A. .100 levere Copper & Brass 5 Sale 21% Sale 21 Sale Sale 90% 93% 86 Sale Sale 72 76 77 Sale Sale t c__ Class A 26 Sale 28% 13% 28% 80 Sale 83 54% Sale 14 Sale 57% 14% 95 Sale 88 Sale 8% 41% Sale Sale 55 Sale 53 % 55 10% 43% 53% 84 % 53 % 9% 91 7% 10 *| *, 7% 1 — 12 % loan Antelope Cop Mines tuberoid Co capital stock Rutland RR preferred 13% Sale 100 100 * 100 1 10 lichfieid Oil Corp litter Dental Mfg.. 19% 1 % * 100 10 Sale St Louis-San Francisco...100 6% 6% 10% 100 % St Louis Southwestern 100 2 % 5% preferred afeway Stores 5% preferred 6% preferred 7% preferred lavage Arms Corp Ichenley Distillers Corp 5 % % preferred 100 * 100 100 100 * 5 100 6% preferred 1% * -.100 * * * lharon Steel Corp $5 conv preferred Iharp & Dohme Conv preferred series A lhattuck (Frank G) Iheaffer (W A) Pen Co — * * * * * * [hell Union Oil .* preferred lilver King Coalition 100 , limmons Co 5 * limms Petroleum iimonds Saw & Steel Co. Ikelly Oil Co 6% preferred 10 * 15 100 [loss-Sheffield Steel & Iron. 100 $6 preferred * Preferred called (A O) Corp Imith & Corona Typewr Packing. 10 * * locony Vacuum Oil Co Inc. .15 louth Amer Gold & Plat 1 11, 48, loutheastern Greyhound L louth Porto Rico Sugar 5 8% preferred page 40. 26 13% 78 47 1 Snider 72 6% * 100 % 5% 108 Sale % 1% 18% 2% 85% 15% Sale 19% 2% Sale Sale 14 Sale 53%, 60 5% Sale 50 52 % 6% Sale 37% Sale 12 % Sale 105% 107% 6% 7 22% Sale 2% 2% 22 24 20% Sale 98% 99% Sale 112 111 16% 10% 20% 12% 2% 15% 25 144 ' 97 10% Sale 55 6 Sale. 10% 19% 19 1 1% 39% Sale % % Sale 3% 4% Sale 50 108 19 6 24 2 24 19 10 16 19 1% Apr. 11 21% Apr. 3 14 Apr. 3 12% Apr. 9 2% Apr. 3 5 % Apr. 14 Apr. 29 14 Apr. 29 42 Apr. 29 71% Apr. 16 115% Apr. 2 8 43% Apr. 115 Apr. 1 128 Apr. 20 144 Apr. 19 T65~ " Apr 2 . 15 26 20% 3% 27 29% 14 80 83 Sale % 5% 4% 43 47% 113% 112 108% 107% Sale Sale Sale Sale Sale 61 % % 17% 2% 85% 12% 14 58% 4% 54% 54% 56 7% Sale 6% 38% 39% Sale 12% 12% Sale 107% 107% 106% 5% 5% 5% 22% Sale 21% 2% 2% 2% 55% 5 24% 19 Sale Sale 19% 4% 10% Apr. 26 6% Apr. 22 12% Apr. 9 8% Apr. 30 55 Apr. 19 67 Apr. 10 1% Apr. 20% Apr. 84 Apr. 73 Apr. 12% Apr. 27% Apr. 80 Apr. 54 Apr. 13% Apr. 94% Apr. 8% Apr. 41% Apr. 53% Apr. 6% Apr. 6 Apr. 9% Apr. 19 Apr. % Apr. 38% Apr. % Apr. Sale Sale 22% 11% 2% 15% 25% 151 19 16 23 12 18 1 1 22 4 1 1 8 1 30 16 19 19 26 19 % Apr. 27 8 2% Apr. 15 7% 90 69 1% 23 27% 35% 17% 26% 22% 3% 12 7% 12% 10% 57% 67 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. _ 30 26 8 10 5 3 Apr. Apr. Apr. Apr. Apr. Apr. 2 Apr. 23% Apr. 95 Apr. 79% Apr. 14% Apr. 30% Apr. 92 Apr. 61% Apr. 14% Apr. 96% Apr. 10% Apr. 43% Apr. 53% Apr. Apr. Apr. 10% Apr. Apr. Apr. 40% Apr. % Apr. % Apr. 4 Apr. 2?8 4 16 30 30 3 4 9 9 8 8 9 17 8 9 8 22 30 8 3 4 1 4 23 30 *12 3 22 49% Apr. 19 52% Apr. 8 Apr. 15 111% Apr. 4 2 112 Apr. 3 4 112316 Apr. Ill»i# Apr. 3 Sale 25% Apr. 12 31% Apr. 26 Sale 12% Apr. 17 14% Apr. 1 Sale 78 Apr. 12 83 Apr. 30 Sale % Apr. 22 % Apr. 1 5% Apr. 4% 4% Apr. 26 2 Sale 40% Apr. 18 48% Apr. 4 112% 112 Apr. 24 114 Apr. 10 107% 106 Apr. 24 108 Apr. 3 Sale Sale Sale 2% Sale Sale 15 60% 4% 56 Sale 39 Sale Sale 5% Sale 3 23% Sale 21 Sale 102% 103% 110 115 112% 113% 10 20 28% 11% 96% 88% 15% Sale Sale 10213i«103 116 119 16% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 20 Apr. 3 108 lll5u Apr. Sale Sale 18% 2% 86% 13% 14% 112 Sale Sale 20% Sale Sale Sale 25% Sale Sale 10 111 ui8Sale Sale 92 Sale Sale Sale Sale Sale 7% 111 n32Sale 113 lervel Inc Imith 50% 111 Sale Sale leagrave Corp (The) lears. Roebuck & Co conv Sale Sale Sale Air Line Sale Sale 4 * 4-2% preferred 5%% »i« 3 * leaboard Oil Co of Del.. Sale Sale 1 20% 16% 27% , Sale preferred 1% Sale % 100 * 8% preferred Paper Icott Seaboard 39 .1 Schulte Retail Stores Sale 7% Sale Sale 20 Sale Joseph Dead 1% Sale 10 7% preferred 5%% preferred leynolds Metals Co 5%% conv preferred leynolds Spring Co leynolds (R J) Tob cl B 24% 9% 92% 80% 14 Sale conv 19 15 23 Apr. 29 14 1 $4.50 Apr. 5 Apr. 8 Apr. 9 Apr. 24 Apr. 8 Apr. 25 Apr. 8 118 24% Sale 10% Sale 96% Sale Sale (Robt) & Co 1st pref. .100 Stores Corp * 10 lemington-Rand --1 It 162 80 15% leliance Mfg Co w Sale Sale leliable 193, 47, 115 Sale 100 $4 preferred >40, 163 Sale I 1 . Common 69, Sale 119 * v % Apr. 29 1 l*i« 13% 10% % % 11% 12% 37% 6% preferred 100 5% conv preferred 100 'urity Bakeries * Quaker State Oil Rfg Corp. .10 ladio Corp of America * $5 preferred B * $3.50 conv 1st pref _* Radio-Keith-Orpheum Corp.* lay bestos- Manhattan * layonier Inc 1 $2 preferred 25 leading Co 50 4% 1st preferred 50 4 % 2d preferred^ 50 leal Silk Hosiery 5 Reo Motors Inc Sale 20% Apr. lensselaer & Sara RR Co..100 19, [24, 11, 9, 40, 7, Sale 75 16 Sale * »ure Oil w 6% Apr. 15 25% Apr. 19 9% Apr. 4 80 Apr. 4 Sale * 'ullman Co Preferred 3 1 3 1 14% 10% 1% 14 % 44% 20% Sale 13% Sale 11 10% 1% Sale % Sale 12% Sale 12% 12% leis 1, 56, 8, 5% Apr. Apr. 7% Apr. 72 Apr. 22 Gas— Preferred 4, 6% 25% Sale 21 Sale * $5 preferred 54 23 150 100 Corp of N J com—* $5 preferred .* 6% preferred 100 7% preferred 100. 8% preferred. 100 'ublic Service Elec & 39% Apr. 4 4% Apr. 6 55 Apr. 5 9% Apr. 29 28% Apr. 26 45 Apr. 18 109 "5% 1 Preferred 5% 2, Sale 16 24 9 16 20 18 174% Apr. 17 175 8 6% Apr. 22 2 9 10% Apr. 29 33 30% Apr. 20 36% 17 17 18% Apr. 16 19% Sale 34 30 Apr. 16 36 13 13% Sale Apr. 20 16% 5 50 Gamble 4 37% Apr. 4 Apr. 51 Apr. 9 Apr. 27% Apr. 45 Apr. 10 1 common 1st preferred 2d preferred conv Apr. 24 7% Apr. 41 4 7 bib Serv 3 37 Sale 97 1 5% Apr» 18 !74% * 'ressed Steel Sale 8% Sale * Class B_ 9, .97, [32, 2, Sale Porto Rican Amer Tob cl A_* 5 81 Sale * 5 'oor & Co class B 4 75 Sale 'ond Creek Pocahontas Co..* 29 39 135 Sale Sale Prices 92% Apr. Sale 9% Sale 28% Sale 40 44% 'ittsb & West Virginia-.. .100 >itts Y & Ash Ry Oo 7 % pf-100 'lymouth Oil Sale Highest Sale Prices 149 5% 37% 53 Sale 100 100 Pitts Coke & Iron Corp * $5 conv preferred * ?itts Ft Wayne & Chicago— 7% guaranteed pref 100 rMttsburgh Screw & Bolt * Pittsburgh Steel Co 7% preferred class B..__100 5% preferred class A 100 5 % % 1st ser conv pr pf._ 100 'ittston Co CThe) 97 139 9% 28% 49% m Pittsburgh Coal (of Pa) 6% preferred 7 Lowest Ask 58 100 25 3itts C C & St L RR Co 2 Sale 5 Preferred 2 142 6% * Pierce Oil 8% conv 61 9 Sale 92% 100 Phillips Petroleum Phoenix Hosiery April 30 Ask Bid 112"32 Sale 17 17% 8% 9% 22% Sale Sale 10% Sale Sale Sale 2% Sale Sale 14% 15% 25% 29% Sale 153% 145 152% Apr. Apr Apr, Apr. 85 Apr. 12^ Apr. 13!M Apr. 58% Apr. 4% Apr. 53 Apr. 6% Apr. 38% Apr. 11% Apr. 106% Apr. 5% Apr. 21 Apr. 2% Apr. 22% Apr. 19% Apr. 102"j2Apr. 114 Apr. 112 Apr. 112253iApr. 15% Apr. 9% Apr. 22% Apr. 10% Apr. 2% Apr. x 15 Apr. 25 Apr. 146% Apr. % % 17;. 17A 1 22 22 12 19 27 2 4 19 18 27 9 17 19 4 19 12 22 2 3 26 3 24 24 19 1 16 20 18 2 17 Apr. 1 Apr. 2 19% Apr. 3 Apr. 24 88 Apr. 6 14% Apr. 8 15% Apr. 9 59% Apr. 12 5% Apr. 11 56 Apr. 5 7% Apr. 8 40 Apr. 4 13 Apr. 19 107% Apr. 8 6% Apr. 11 23% Apr. 8 2% Apr. 29 24% Apr. 17 22% Apr. 9 102% Apr. 12 120 Apr. 8 112% Apr. 18 112% Apr. 24 18% Apr. 5 10% Apr. 8 24% Apr. 10 12% Apr. 8 2% Apr. 4 16% Apr. 5 29% Apr. 30 152% Apr. 23 N. Y. RTOCK MAY, 1940] 39 EXCHANGE-STOCKS AGGREGATE SALES Price STOCKS In Since April PRICES Shares 15,800 118,400 38,900 34,800 100 30,900 1940 500 40 1,900 57,600 10,200 1,930 41,500 2,210 13,800 190,500 1,200 8,100 24,200 8,700 31,800 69,100 72,600 133,800 2,600 12,100 13,100 49.400 32,400 184,200 3,900 310 15,600 9,800 12,100 5,200 8,100 -300 57,400 14,700 16,800 11,900 800 180 2.400 19,800 88,800 15.700 21,300 10,100 10,600 3,200 2,900 400 700 April 1 Par Bid Ohio Mobile & 257,500 206,400 342,100 6,600 Sale 37 39 2% 7 65 69 20 % Sale Sale 65 Sale 40 Sale 7 6 101% 103% 2% 2% 6% Sale Sale 20 Sale 25% 26 % 44 % 33% Sale 80 Sale 8% Sale 5 Sale 11 % Sale 1 9% 56% Sale ■-* Sun Oil 6% preferred— 100 122 -9 50 Telautograph Corp. Tennessee Corp 5 -5 Texas 25 Corp (The) Texas Gulf Producing Co 3xas Gulf Sulphur 64,300 Texas Pacific Coal & Oil 32,900 * -* 10 Texas Pacific Land Trust—-1 Texas & Pacific. 100 Thatcher Manufacturing * $3.60 conv preferred * The Fair Co -* 7% preferred 100 Thermoid Co.. 500 33,400 5,200 4,200 460 23,400 34,500 4,300 330,000 42,600 230 12,700 10,300 2,800 8,300 156,500 294,200 6,300 330 6,000 1,500 110,800 22,300 95,000 1,800 260 9,800 1,600 19,400 78,300 1,400 10,700 34,300 pref—-10 100 Thompson (J R) 25 Thompson Products * Thompson Starrett * $3.50 preferred * Tide Water Associated Oil--10 $4.50 conv preferred Timken-Detroit Axle Co * 10 Timken Roller Bear * Transamerica Corp Transc & West Air Inc 2 5 Tran & Williams Steel Forg._* Tri-Continental Corp * $6 preferred * 2,200 * 14,500 Truax Traer Coal 10 1,300 Truscon Steel Co 82,700 20th Century Fox Film Corp.* $1.50 preferred * 12,400 * 10,500 Twin City Rapid Transit Preferred 100 1,430 1 154.200 Twin Coach Co 72,700 JUlen & Co 19,700 Underwood Elliott 541,500 Union Bag & Paper 15,700 United Biscuit of * 770 15,600 4,900 421,500 91,500 213,900 America Preferred United Carbon United-Carr Fastener Corp United Corp „$3 preferred United Drug Inc 12.900 United Dyewood TO Sale a7iH Sale 4% Sale Sale 4 Sale Sale Sale Sale 16 X 17 50 X 10 16% 32 6% 22% 28% 4% Sale 6% 6% 1IP. 3% 32 X Sale Sale 33% 7% Sale 5% Sale Sale 11 14% Sale 53 4 41 Sale 28 * 3% 4 30 % 2% 17 X 10J 90 h Sg 39 5 Sale 29 31 Sale 36% Sale Sale 30% Sale 18% 30% Sale 12% Sale 15% Sale 27 Sale 35 36% 2% Sale 6% Sale 67 68 22% 23% 43% Sale 36 56 «S* "!g 56% Sale 65% Sale 5% Sale 4% 4% 34% Sale 1% Sale 22% 27% 42% 33% 77% 7% 7% 9% 10% 62% 2% 8% Sale 6% Sale 5% 5% 36 37% 5 Sale 6 Sale 46% Sale 4 Sale 34% Sale 7% 8 5% Sale 10% 12% 12 45 3% 40 41 31 Sale 48% d* Sale 5 Sale 6 % Sale 5% Sale 8Vd 1% Sale Sale Sale Sale Sale Sale 27% Sale Sale 48% Sale 48 91 15% 11% Sale 95 96 Sale 75 6 Sale 5 Sale Sale 20 Sale 19 Sale 8 Sale 78 4% Sale 9% 11% 12% Sale 24 X Sale 2% 2% 24% 28 10% Sale 7% Sale 2% Sale 79 4% 8% 11% 23 82 4% 9% Sale 24 2% Sale 28 Sale 12% Sale Sale Sale 39% Sale 41 Sale 13 Sale 84 Sale IV* 88 Sale 114 Sale W* 95 Sale Sale 87% 42% 114% Sale 16% Sale 95% Sale 83% 85% 26% 26% 23 X 47 Sale Sale 48 Sale 16% Sale 20% Sale 17 Sale Sale 11% 5% Sale 6% Sale 116% 60% 18 "62% 18% 2% Sale 39 6% 5 62 33% If* Highest Sale Prices 29% 12% 15% 25% 37 2% JkX 68 22% 42A 54 8% 63% 38% 107% 1% 4% 13% 16% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale Sale % Lowest Sale Prices Sale 16 905* Highest Sale Prices Sale 10% 90% 24% Sale Lowest 22% Apr. Sale 26% Apr. 40 Sale Apr. 32 Apr. 34% Sale 76% Apr. Sale Sale 7% Apr. Sale 7% Apr. Sale Sale 9% Apr. Sale Sale 9% Apr. Sale Sale Sale 61% Apr. 123 Sale Sale 122% Apr. Sale 9% Apr. 9% Sale Sale 20% Apr. 21% Sale 2 2 Sale Sale Apr. 15 Apr. 16% Sale Sale 28% Apr. Sale 29% Sale 6% Apr. 7% 6% 7% 22% Apr. 24% Sale Sale 28 29% Sale Apr. Sale Sale Sale Sale Sale Sale 7% Sale 5% Sale 5% 5% 37% 40 50% * 15% Sale 100 114% 116 Sale 60 * 17 X * 18% 2X Sale * * 39% Sale Sale 5 5 5 10 A* Sale 59 100 Sale 5 5 5 34 35% 85% Sale * * 14% Sale * 115 116% Preferred United Electric Coal Cos 7,700 United Eng & Foundry 58,000 United Fruit 287,200 United Gas Impt Co 3,700 $5 preferred 69,700;United Merch & Mfrs Inc vtc.l 50A00 United Paperboard Co 10 1,610 30,600 17 5% Sale 34% Sale M 62 L24 2 6% ' 8 7% 10% 11% 23 8% 4% 6% 44% 3% 32% 8% 6% 23% 27% 43 % 32 % 79% Sale Sale Sale Sale Sale Ask L06% 108% 107U Sale Sale 1% Sale 1 Sale 5 4% Sale 13% Sale 17% Sale 20% Sale 16% Sale Sale Sale 1 Fisher—* * 149,200'Union Carbide & Carbon 2,530'Union Elec Co of Mo $5 pref. - * 43,100iUnion Oil, California 25 35,600iUnion Pacific KK 100 10J001 4% preferred 100 35,700 Union Tank Car * 35o,900 United Aircraft Corp 5 814,100 United Air Lines Transport__5 Sale 22 % 32 1 $3 dividend conv Third Avenue Ry 58 122% Sunshine Mining Co 1.850 700 Sale Sale * Corp 62,400 3,690 114,000 9,700 88,690 28,300 12,800 124,900 11,500 138,300 42,000 118.600 288,300 3,400 72,100 5,400 Sale Stone & Webster 550 92,300 1,300 25,700 Sale Studebaker 11,500 1,310 45,200 4,900 35,900 6,800 1,300 49,400 3,900 65.000 15,400 30,500 Sale 60 Standard Oil Co. of Ind 3,500 Talcott (James) Inc 430 5%% preferred 7,000 7,000 1,500 3,600 JAN. 1 Sale Prices April 30 Ask Bid 30% Sale 12% Sale 16% Sale 28% Sale 35 38% 2% Sale 5% 7 64 70% 22% Sale 42 % Sale 37% Sale 57 Sale 9% Sale 33 % Standard Oil of California__ 25 116,300 Swift & Co 41,100 Swift International Ltd------Symington-Gould Corp with stock purchase warrants--_1 35,000 Without warrants 1 22,900 42,300 22% Sale Sid 52% 10% 9% 10c Superheater Co (The) * Superior Oil Corp -1 Superior Steel Corp 100 Sutherland Paper Co 10 I 29 y± 1,2001 Sweets eo of Amer (The)___50 —7— 18,200 34,900 258,200 43,700 Sale 7% S* 25 Standard Oil of New Jersey .25 Starrett Co (The L S) -* 36,400 Sterling Products Inc -.10 5 35,300 Stewart Warner Corp 1 88,800 Stokely Bros & Co Inc 113,000 819,200 19,300 1,360 58,700 24,100 40,300 13,000 29,200 Sale 34% - . Sale 14% Sale 20 certifs—100 45,900 Sparks Withington 1,400 Spear & Co 50 $5.50 pref -* 6,600 Spencer Kellogg & Sons * 164,400 Sperry Corp (The) v t c 38,900 Spicer Mfg Co $3 conv preferred A 4,350 113,300 Spiegel Co Inc. - Convertible $4.50 preferred 5,530 47,600 Square D Co class B 1 749,000 Standard Brands $4.50 preferred 8,900 47,000 Standard Gas & Electric $4 preferred 102,500 — * $6 prior preferred 22,900 -L-* 7 prior preferred 105,800 Ask 29 % 672,200 Southern California Edison.-25 287,900 Southern Pacific Co 123,800 Southern Railway -A 101,100 5% preferred 100 700 RANGE SINCE IN APRIL Jan. 2 EXCHANGE Jan. 1 Shares N. Y. STOCK Sale Sale 5% 64 4% 33% Sale Sale 115% 120 12% Sale 4% Sale 7% Sale 2% Sale 78 47/ 8i 82 5% 10% 8% 20% 2% Sale 26 Sale 10% 21 Sale 11 19 19 19 16 17 _ 19 1 19 18 11 19 25 30 1 30 19 19 1 30% 14% 18% 30% 37 6 8 Apr. 8 Apr. 4 Apr. 17 Apr. 24 Apr. 4 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3% 6% 70% 23% 46% 38% 57% 10 % 66% 40% Apr. 7% Apr. 108% Apr. 2 Apr. 5% Apr. 18% Apr. 26 21% Apr. 29 29 24% Apr. 16 29 16 3 26 19 23 19 19 3 44% 34% 80% 8% 8% 11% 12% 63% 9 124 26 19 1 10% 24% 2% 17% 33% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 4 8 15 4 4 2 4 8 26 1 1 4 4 4 Jan. Mar. Mar. Mar. 37 Apr. 1% Feb. 5% Mar. 28% 11% 14% 25% 19 18 18 23 17 8 15 29 21 Jan. 16 41 Mar. 16 29 Jan. 15 50% Feb. 8% Apr. 17 65 Jan. _ 60 Jan. 29% Jan. 6 103% 1% 3% 10% 13% Jan. Jan. Jan. Jan. Jan. 26 Jan. 19 19 19 19 22% Apr. 29 25 40 Mar. 18 Apr. 16 28% Jan. 29 8 76% Feb. 7% Jan. 31 5 Jan. 2 9% Mar. 16 9 Jan. 15 56% Jan. 23 122 Jan. 9% Jan. 20% Apr. 2 Jan. 2 19 19 1 13% Feb. 28% Jan. 11 6% Feb. ~7 1 7% Apr. 10 5% Apr. 18 4 5% Apr. 37 Apr. 23 8% Apr. 30 7 Apr. 24 6 Apr. 11 39 Apr. 10 7% Mar. 19 5 5% Feb. 4% Apr. 6 Apr. 45% Apr. 3% Apr. 33% Apr. 7% Apr. 5% Apr. 10% Apr. 11% Apr. 49% Apr. 3% Apr. 35 Apr. 4% Apr. 30% Apr. 5% Apr. 4% Apr. 34% Apr. 1 % Apr. 15 Apr. 10% Apr. 91 Apr. 23% Apr. 47% 5% 18% 7% 2% 25 15 1 3 5 19 1 1 11 16 18 30 22 16 18 15 2 19 3 2 1 2 1 2 10 Apr. 19 Apr. 18 Apr. 26 Apr. 18 Apr. 19 78 Apr. 24 4 4% Apr . 9 Apr. 23 . 30 Apr. 24 8% Apr 20 2% Apr. 24 25% Apr. 26 11 Apr. 26 5% Apr. 6% Apr. 47% Apr. 4% Apr. 35% Apr. 8% Apr. 5% Apr. 12% Apr. 15% Apr. 52% Apr. 4 Apr. 41 st* 7% 5% 38% 2% 17% ii* 96 27% 51% 6% 21% 8% 8§M 18* 12% 24% 3% 30 12% % % Apr. 15 38% Apr. 29 42% 1 18% 12% Apr. 80 Sale 83 Apr. 19 85% 1 116 • 115% 116% 114% Apr. 17 Sale 15% Apr. 30 15% 98 95 Apr. 19 95% Sale 84% Apr. 12 86 85% Sale 4 27 27% 26% Apr. 26% 1 Sale 49 53% 47% Apr. 9 21 Sale 23% 20% Apr. 18 2 16% Apr. 16% Sale Sale 113 112% Apr. 29 116% Sale 3 65 65% 62% Apr. Sale 18 19% 17% Apr. 11 Sale 2% Apr. 19 2% o Sale 37 36% Apr. 19 41 1 7% 6% Apr. 6% Sale 5% 4% Apr. 23 4% 4% 65 8 60 62 61% Apr. 4% 4% Apr. 13 4% Sale Sale 33 33 Apr. 16 34 1 82% 78% Apr. 81% Sale 12 13% Apr. 18 12% Sale 113 Apr. 12 116% 114% 113 12% 10% Apr. 16 10% Sale 1 Sale 6 7% 4% Apr. % Sale 38% 39% 17% Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 11 4 4 4 11 2 6 4 10 8 22 26 3 6 8 22 16 4 8 22 26 24 5 Apr. 22 28 5 - I Apr. 4 Apr. Apr. 22 8 Apr. Apr. 25 Jan. Mar. 27 Feb. 34% Jan. 4 5% 42% 3% 32% 7% 5 10% 11% 49% 3% 34 Jan. Apr. 30 Apr. 22 Jan. 12 Jan. 4 Jan. 15 10 89% 20% 46% 5% 12% Apr. Feb. 19 2 13 8% Mar. 20 8% Apr. 30 Apr. 24 2% Jan. 26 Jan. 15 9% Jan. 15 Mar. 16 Apr. Feb. Feb. Mar. 22% 43% 14% 15% Jan. 2 5 3 15 5 11 Jan. 15 Jan. 15 Jan. 2 Jan. 54% Feb. 17% Jan. 36% 3 Apr. 30 Jan. 112 29 Mar. 18 84 . 16 20 % 38% 11% 78% 112% 15% 7 38% 57% 11 % 66% 40% 7% 108% 2% 7% 18% 22% 12 5 Mar. 5 Jan. m 2% 17% 35% 7% 24% 32% 40 5% 5 Apr. 11 Jan. 3 Feb. 15 Apr. 2 Jan. 5 21 Feb. Feb. 20 Feb. 13 20 Jan. Jan. 5 3 Apr. 4 Feb. 28 Jan. Mar.25 Apr. 22 Jan. 25 M Jan. r 4 Apr. 11 5 M!ar. Mar* 5 Mar. 21 47% 4% 35% 8% 6% 12% 18% 53 Apr. Apr. Apr. Jan. Jan. Jan. Jan. 4 4 11 8 4 8 8 Mar. 21 Feb. 16 42% Feb. 16 4 at* Mar. 8 Mar. 7 Apr. 8 Apr. 22 38% Apr. 16 4 2% Jan. Ig 23 Jan. 27 Apr. 22 26 Apr. 24 Apr. WA Jan. 3 Mar. 14 2k Apr. Apr. 2% Jan. 82% Mar. Apr. 10% Apr. 13% Jan. 25% Jan. 3% Apr. Apr. 30 13% Mar. 1% Jan. 45 Feb. 18% Apr. 88% Jan. 116 Apr. 17% Jan. 98 Apr. 89% Feb. 27% Mar. 53% Apr. Apr. Apr. ft* 4 4 4 7 15 24 4 23 4 14 11 19 22 4 25 8 8 10 20 16 4 17 19% Apr. Apr. 5 4 Feb. 13 Apr. 11 J* Mar. 13 65% Mar. 14 Jan. 3 Jan. 3 85% Jan. 3 Jan. 18 at* 75 Feb. 27 10% Jan. 4% Feb. 4 Jan. 9% Jan. |3 lH 33 Mar. 4 26% Jan. 29 Apr. 46% 34% 80% 8% 8% 12% 12% 63% 2 4% Jan. 11 56% Jan. 10 4% Feb. 29 112 3 Apr. 2 Apr. 3 Jan. 9 Apr. Apr. 10 6 Apr. 9 Apr. 4 Jan. 8 Jan. 9 Jan. 8 Jan. Feb. 23 31 119 5 65% Mar. 6 Mar. 11% Mar. 5 Jan. 3 70% Apr. 23% Apr 11 9 47 Feb. 1 Jan. 93 4 2 Mar. Jan. 13 Jan. 19 Mar. 5 Jan. 15 8 Apr. 12 3 Apr. 3 Apr. Apr. 15 1 Apr. 3 Apr. 1 Apr. Apr 10 2 2% Feb. 77% Feb. 4% Feb. 24 Jan. 4 2% Apr. 23 6 5 Apr. 9 Apr. Apr. 16 4 Apr. Apr. 17 Apr. 16 27% Jan. 15 1% Mar. 29 Apr. 9 25 Mar. 26 Apr. 18 3 4 Apr. 5 Apr. 4 Apr. 9 Apr. Apr. II 2 5 Feb. 1 Feb. Jan. 23 2 Jan. Feb. 21 Apr. Apr. 2 3% Jan. 16 8 26% Jan. 5 2% Feb. 7 Apr. Apr. Apr. Apr. 15 Apr. 9 Apr. Apr. Apr. Apr. Apr. 8 2 6 3 3 3 Apr. Jan. Jan. Jan. 39 23 124 Apr. Apr. 9 Apr. 5 24% Apr. 22 30% Apr. 10 19 30% 15% 20% 34% 6 117% Feb. 24 13 13% Mar .|12 5 7% Apr. 10 5 15 Jan. 6 ( 5,700 1,500 4,200 11,600 16,900 5.800 4,290 13,600 36,600 110 660 2,260 3,700 100 29,100 12,800 30,000 1,000 10,700 1,100 12,300 124,600 23,700 4,300 2,300 U S & Foreign Secur Corp U S Freight U S Gypsum _* Co 7% preferred 9,600 U S Hoffman Mach 5X% conv preferred 700 53,900 U S Industrial Alchol 19,500 U S Leather Co Class A 42,000 2,000 Prior preferred U S Pipe & Foundry...a U S Playing Card JU S Realty & Impt 33,300 5,300 40,100 373,100 LJ S Rubber Co 8% 1st preferred 48,700 13,200 U S Smelt Ref & Mining Preferred 8,500 For footnotes see * $6 1st preferred * U S Distributing Corp pref. 100 page 40. 20j 100 5 50 * _* 79 7% 9% 84 X 175 * 10 100 50 ,_50 8 10 85% 181 4% Sale 30 24 •H * 100 20 10 81% 31 Sale Q6% Sale 65 5% Sale 92 8% 8% ill* 31* 25% 5% 95 8% 9% Sale Sale Sale 32% Sale Sale JX 62 Sale 64 36 Sale 36% Sale 34 Sale 39 Sale J* Sale 1% 40 112 Sale Sale 114 62 Sale 61 70 67 68% 5% 94 9% 8% 81% 178 5% 31% 27% 6% 11% 72 34% 37% Sale 35% Sale Sale 61% Sale 32% 102 5% Apr. Apr. 8% Apr. 8% Apr. d* 80 Sale Apr. 178 180 Apr. 5% Apr. 32% Apr. Sale 22% Apr. 7 5% Apr. 9% Apr. 11% Sale 61 Apr. 34 Sale Apr. Sale 37% Apr. 1 Sale Apr. Sale 31% Apr. Sale 100 Apr. Sale 60 Apr. Sale 91 Sale 3$* 60% 70% Sale 67 Apr. 1 18 2 3 27 1 18 15 17 6% Apr. Apr. 10% Apr. 10% Apr. 86% Apr. 180 Apr. 6% Apr. 32% Apr. 94 28 Apr. *8 80 11 7% Jan. 25 8% Jan. 23 80 Apr. 27 8 9 15 5 177 Jan. Feb. 15 11 1 13 Feb. 24 5% Mar. 18 9% Jan. 18 Apr. 30 60 Mar. 26 29 36% Apr. 4 34 Apr. 22 39 1 34 Jan. 2 4 1% Apr. 4 38% Apr. 117 Apr. 11 64 9 Apr. 70% Apr. 30 1 Apr. 31% Apr. 100 Apr. 60 Apr. 64% Feb. 6% Mar. 9 32% Mar. 11 28 Apr. 25 7% Apr. 23 12% Apr. 23 72 Apr. 30 38% Jan. J* 4 39 Apr.f 1 25 25 27 23 26 1 Apr. 3 25 Jan. 4% Feb. 29% Feb. 7% Apr. 23 12% Apr. 23 11 Jan. 21 72 3 Mar. 18 10% Apr. 10% Jan. 89 15 1 94 8 181 25 3 3 Jan. 5% Mar. 18 29 29 27 Jan. 29 5 41% Jan. ?3 Apr. 11 Jan. M 70% Jan. 11 23 117 65 26 10 N. T. STOCK EXCHANGE-STOCKS AGGREGATE SALES Price STOCKS PRICES IN APRIL April 1 Bid Par * 1,047,900 United States Steel 43,100 7% preferred 25 2% 6% * 1 * 100 100 100 Sale Sale No par value, 3% 693* 663* 154 1573* 152 1013* Sale 973* Sale % 173* 19 173* 35?* Sale 373* 363* Sale 333* 1153* 118?* 1163* 45?* 453* 463* 33* Sale 1163* 11 103* Sale 44 443* 33 91 44 353* 33?* Sale 87 105 115 Sale Sale 19% Sale 36 % Sale 8 103* 293* 283* Sale 4% Sale 1 138 Sale Sale 28?* Sale 37 Sale Sale 90 69 10 93* 12?* Sale 54 Sale 243* Sale Sale 22 73 38?* 43* 65* 3* 102 Sale Sale 75* % 373* 4 63* 5* Sale 22 233* 213* 23 3* Sale 23?* Sale 223* Ill 112?* Sale 1133* Sale 129 134?* Sale 1313* 133 323* Sale 313* Sale 313* 38 363* 353* 363* 383* 363* 353* 37?* 36?* §§>* 9 Sale 723* Sale 323* Sale 4 73* 3* 70 Sale 26 102 Sale 403* 33* Sale 363* Sale * Sale 105 1033* 104?* 1033* 1163* 117?* 1185* Sale 117?* Sale 14 14 243* Sale 110 Sale 4 112 68 43* Sale Sale 90 33 43* 113 313* 203* 67 8 53* 48 203* 3 13* 33* 53* 643* Sale 62 973* 303* 23* 33* Sale 6 Sale 6?* Sale Sale Sale 68 693* 120 "253* Sale Sale 265* 403* 22?* 23* 15* 35* 53* 633* 120 Sale Sale Sale 245* 393* 173* 70 69 62 "71" 69 35 34 36 403* Sale 35?* 45 423* Sale 88 913* Sale 233* Sale Sale 18 89 Sale 163* Sale Sale 44 Sale 119 93 Sale 23 Sale 893* 21?* 173* 1193* 113* 403* 883* 213* 51 173* 1203* 1213* 1193* 11 113* 12?* 43 423* Sale 85 903* 913* 233* Sale 215* 17 2?* Ex-dividend, Sale Sale u 62 121 Sale Sale 16 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 43* Apr. 6?* 2 Jan. 15 13 159 Jan. 22 19 112 Mar. 27 Jan. Jan. Jan. Apr. 19 % Apr. Feb. 383* 393* 117 3* 463* 593* Jan. Jan. 28?* Apr. 30 3 Mar. 18 263* Anr. 116 19 6 29 Apr. 16 Mar. 15 Apr. 9 Apr. 9 Feb. 28 313* Mar. 14 43* Jan. 4 31?* Jan. Mar. 27 118 53* Jan. 23 43 Apr. 16 Jan. 153* Apr. 48 31 ?* Mar. 14 35 89 Apr. 17 100 1 1 Jan. 22 Apr. 17 3* Apr. 27 6 % Feb. 20 5* Jan. 93 3* Jan. 4 6 5 Jan. 9 Jan. 4 Mar. 1 3 1 % 23* 1 % 75* 23 3* Jan. Jan. Mar. 2 3 6 18 31 101 Apr. 5 Apr. 22 Mar. 15 "-•6r?*""J&nv'~ - 3— 35 3* Jan. 11 16?* Feb. 1 95* Jan. 10 3 15* Jan.- 10 2 253* Jan. 10 19 4 3* Feb. 19 30?* Apr. 30 14 3* Apr. 30 7 3* Mar. 26 13* Jan. 21 3* Jan. 3 3* Apr. 45 3* Apr. 1 3* Apr. 23 11 6 3* Jan. 13 28 % Mar. 7 25?* Apr. 13 17 Feb. 21 22 Jan. 16 33* Jan. 3 293* Apr. 16 1 733* Apr. 19 22 1103* Apr. 12 22 115 9 Apr. 22 108 3 Apr. 16 1185* Apr. 30 1 243* Apr. 23 9 105 Apr. 29 19 4 403* Apr. 2 5 8 Apr. 3 85* Apr. .9 23 8 % Apr. Apr. 27 253* Apr. 9 2 8 Apr. 25?* Apr. 9 115?* Apr. Apr. 4 Apr. 27 136 5 Apr. Apr. 10 343* Apr. 5 4 Apr. 383* Apr. 29 4 Apr. 383* Apr. 26 5 50 3 9 Jan. 13* Jan. Mar. 16 313* 28?* 20 3* 24 3 Jan. 5 Feb. 7 Apr. 22 Jan. 4 4 3* Feb. 23 16 33* Ex-rights, Sale Sale Sale Sale 94 22 Sale 33* 15 2?* 21 Mar. 68 Feb. Jan. 4 105?* Jan. 1103* Apr. 115 Apr. 12 9 Jan. 8 Ill Jan. 1023* Feb. 1143* Jan. 133* Mar. 102 Mar. 33 3* Jan. 33* Jan. 63* Feb. Jan. 213* Mar. 22 3* Mar. 1053* Jan. 129 Apr. Jan. 29H Apr. 108 105 Apr. 29 4 403* Apr. Jan. 4 85* Apr. 9 5 1 Jan. 118 Jan. 138 Jan. Apr. 22 1 Apr. 1 Apr. 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 35* 33* 6?* 73* 69?* 23 120 2 20 19 273* 423* 23?* 19 63 23 69 3 41 3 533* 1 129 2 18 12 93 24?* 193* 30 124 2 14 1 12 463* 933* 19 25 18 17?* 4?* 1 1 9 30 5 35?* Jan. Feb. 67 Mar. 94 3* Jan. 98 Jan. 25?* Jan. Apr. 66 3* Jan. 105 33 3* Jan. 100 18 9 10 30 8 23 9 Mar. 103* Mar. 4 5* Mar. 43* Jan. 38 Jan. 19?* Feb. 5 28?* Jan. 283* Jan. 343* Apr. 38 3* Feb. 393* Jan. 26 16 1185* Apr. 30 24 3* Apr. 23 65 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 Sale 73 Sale Apr. Sale Sale 543* 123 20 Feb. 3* 163* 28?* 35 3* 114?* 1 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 63 117 16 Feb. 2?* Apr. 24 75* Apr. 24 Apr. 11 Apr. 12 Apr. 26 Jan. 67 5 153* Apr. 4 45 Apr. 333* Apr. 30 9 923* Apr. 67 Sale 72 873* Feb. 148 43 6 Apr. 5 Apr. 5 Apr. Apr. 20 1 973* Apr. 973* Sale Sale 303* Apr. 30 353* Sale 110 105 100 8 105 Apr. 70 Sale 67 663* Apr. 24 71 103* 4 105* 113* 103* Apr. 113* Sale Sale 13 1 123* Apr. 133* Sale 9 8 1 8?* Apr. 115* Sale 63* Sale 5?* Apr. 19 65* 49 533* 5 483* 55 513* Apr. Sale 1 233* Sale 205* Apr. 233* 120 24?* 40?* 18?* 55 70 46 Sale 19 Jan. 13% Feb. 20 Apr. 1 1?* Apr. 9 3* Apr. 27 75* Apr. 5 73* Sale 23' Sale 233* Apr. 22 973* 983* 993* Apr. 4 53* Sale- -5?*-Apr,-19j —65fApr-i—3 30 % Sale 305* Apr. 30 323* Apr. 8 143* Sale 143* Apr. 153* Apr. 7 73* 73* Apr. 83* Apr. 13* Sale 13* Apr. 13* Apr. 25 223* 23?* Apr., 23?* Apr. 33*- Sale 33* Apr. 43* Apr. 433* 46 50 453* Apr, Apr. 13* Sale 13* Apr. 15* Apr. 8 63* 83* Apr. 83* Apr. 29 31 29 Apr. 30?* Apr. 263* 25?* Apr. 273* Apr. Sale 19 183* Apr. 203* Apr. 22 22 Apr. 223* 22 233* Apr. 6 Apr. 1 Apr. 17 % Apr. 27 73* Apr. 1 22 Apr. 1 98?* Apr. 25 Sale "973* x 15* Jan. 54 1 113 Sale 63* 1 13* 13* 68?* 1073* 95 Sale Sale 13* H 110 70 Sale 1 109 383* 6 1 103* Apr. Sale 43 Apr. 16 Sale z333* Apr. 18 89 923* Apr. 17 Sale 373* Apr. 30 303* 3 3* Apr. 26 Apr. 19 31 4 1173* Apr. 143* 108 40 12 9 82 Sale 223* 68?* 100 4% 7% % Cash sales, 2 9 15 3 Apr. 23 Apr. 5 134 ----- 82 Sale Sale Sale * 6 4 16 13* Feb. 6 ?* Jan. Prices Jan. 793* Sale Sale 73% 105?* 112?* 1 Sale 2 Apr. ?* Apr. 19?* Apr. 173* Apr. 26 19 35 Sale 2 383* Apr. Apr. 34 Apr. 353* Apr. 26 37 116?* 1163* Apr. 22 1173* Apr. Sale 443* Apr. 18 463* Apr. 283* Sale 28?* 33* Sale 33* 273* Sale 263* 1173* 1173* 116 Sale 29 43* Sale 26 20 i 65?* Apr. 9 1 1243* Apr. 23 5 18 393* Apr. 12 473* Apr. 26 2?* Apr. 24 5 75* Apr. 24 10 23* Apr. 11 2 Apr. 12 10 61 4 155* Apr. 26 Apr. 6 11 69 19 1573* Apr. 25 Apr. 3 16 106 1 Highest 56 ?* Jan. 80 Sale .... 30 Sale 60 136 r 66 Sale 7% 1st preferred 50 Weston Elec Instrument.12.50 Deferred delivery, 70 183* 22?* Sale a 66 Sale 11,000 Wilcox Oil & Gas. 5 33* 375,300 Willys-Overland Motors 1 1?* 149,900 6% conv preferred 10 33* * 249,400 Wilson & Co 5?* $6 cum preferrred 19,600 52 _* 100 Wisconsin Elec Pow 6% pf-100 116 42,600 Woodward Iron Co 10 233* 243,300 Wool worth (FW) 10 383* 95,500 Worthington P&M ;_.* 18 330 T% preferred A 100 663* 10 6% preferred B 100 60 Prior pref 43*% series 7,600 100 343* Prior pref 4 3* % conv ser 100 9,800 433* 3,590 Wright Aeronautical Corp * 114 11,200 Wrigley (Wm) Jr * 853* 12,100 YaleA, Towne Mfg Co 25 24?* 310,300 Yellow Truck & Coach cl B..1 183* 1,600 7% preferred 100 115?* 34,900 Young Spring & Wire * 113* 203,900 Youngstown Sheet & Tube...* 463* 1,100 53*% preferred series A..100 84 39,600 Youngstown Steel Door * 273* 45,100 Zenith Radio Corp * 163* 69,000 Zonite Products Corp 1 2?* * 15 Sale 263* 27?* 116?* 112,500 White Sewing Machine $4 convertible preferred 3,300 Prior preferred 11,400 59?* 16 9 22 170 6% preferred 100 $5 conv prior preferred 2,300 * 4,400 White Dental Mfg Co (SS)_20 92,400 White Motor Co 1 114,600 White Rock Min Spgs Co * 6?* 15* 633* 133 '19% Sale" 5% conv preferred 30 Wheeling & Lake Erie Ry_.100 2,730 53*% conv preferred 100 109,100 Wheeling Steel Corp * 2 153* 27 20 443* Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Lowest Sale Prices Sale 53% Mar. 18 68% 115 Feb. 19 124 3* 35 Jan. 2 39 3* 43 3* Jan. 2 48 3* 62 31 __* 463* Sale ?S 15 Sale Western Union Telegraph-.100 Westinghouse Air Brake * Westinghouse Elec & Mfg..50 Westvaco Chlorine Prod 38 63 Sale 38 585* Apr. 118 37 Sale 157 19?* Highest Sale Prices 13* 563* 105 6 " 108,100 87,500 77,400 1,110 29,900 25,700 10,500 cV8 Sale 1?* 553* 13?* 1 Sale 1% Sale 1% Sale 1?* 1?* 1% 3 % 1% m 7 73* Sale 20?* 22 Sale 21% 95% Sale 98 993* 5 7* -Sale- —53*—Sale33?* Sale 31?* Sale 16 16% 15 Sale 7% 8% 73* 7?* 1% 1% 13* Sale 22% Sale 223* 24 3?* Sale 3% Sale 47 Sale 47 49?* 1% Sale 13* 1?* preferred *i 6,200 Warren Foundry & Pipe * 6,000 Washington Gas Light Co.-No 11,800 Waukesha Motor Co. 6 14,200 Wayne Pump Co 1 5,100 West Penn Pow Co 43* % pf 100 46,600 West Virginia Pulp & Paper..* 500 6% preferred 100 40,600 Western Auto Supply Co 10 15,000 Western Maryland 100 4% 2d preferred 2,800 100 8,800 Western Pacific 6% pref 100 463* Sale 7 152 93 132 Convertible 38,500 Webster Eisenlohr 7% preferred .100 ♦ 43,500 Wesson Oil & Snowdrift conv preferred 5,300 * 1,710 West Penn Electric Co A * 7% preferred 3,670 100 6% preferred 3,140 100 Sale 23* Sale 55 3,800 J Wabash Ry Co 100 5% preferred A 11,500 100 190 5% preferred B il00 17,200 Waldorf System.. _* 17,300 Walgreen Co: :.* 4 3* % preferred with warr 100 4,100 —78,700 WalwortV-Co^ri-=-_-^=^ 22,900 Walker (H) Gooder & W Ltd.* Preferred * 10,300 4,600 Ward Baking Co class A _* * ClassB. 10,700 7% preferred. 8,100 ...100 144,900 Warner Bros Pictures 5 $3.85 conv preferred 2,520 * * 22,100 J Warr en Bros 500 37 Sale 157 5% preferred 80 .100 14,400 Victor Chemical Works 5 ~30" Sale * 22,300 Va Caro Chemical 3% 4% 17,900 6% preferred Sale 100 29 1,740 Virginia Elec & Power 6% pref* 117% 118 Virginia Iron, Coal & Coke-®5% preferred 1,350 100 6?* Sale 3,500 Virginia Ry Co 25 44 J* 45 6% preferred 4,700 25 33 % 35 .... 603* Sale 1233* 124 Sale Sale 114% 115% 44% Sale .5 30 VickB Shreve & Pac Ry Co. 100 7% preferred Sale Lowest Sale Prices Ask 59% 118?* 383* 16* If* * April 30 Ask Bid 69 100 810 Vulcan Detinning Bid Sale Sale 68 151 121,900 Vanadium Corp of America. .* 12,000 Van Raalte Co 5 860 7% 1st preferred 9,200 Vick Chemical Co Sale 2* dH 14 !!* 5 16,000 Vadsco Sales Corp Preferred Sale 1 660 8% preferred 100 6,680 Universal Picture 1st pref__100 390 Sale 35 43 X * 1,760 7% preferred 18,500 United Stockyards Corp. Conv preferred 7,400 (70c) 49,900 United Stores A $6 conv preferred2,140 3,100 Uni versal-C yclops Steel 4,300 Universal Leaf Tobacco Ask 66 3* 117% 100 23,200 U S Tobacco 1 1940 Jan. 1 Shares RANGE SINCE JAN. Jan. 2 N. Y. STOCK EXCHANGE Since 353* Apr. Apr. 71 Apr. 113* Apr. 133* Apr. ll5-* Apr. 6?* Apr. 573* Mar. 23 3* Apr. 13 3 4 30 9 30 5 18 9 10 8 8 23 23* Mar. 13* Jan. 3 5* Jan. 11 22 33* Apr. 13 3 6?* Apr. 7?* Apr. 22 13 10 22 24 Jan. 43* Jan. 51?* Jan. 23 116 9 22 5 23 38?* Jan. 173* Mar. 62 Apr. 69 Apr. 29 34 24 19 23 9 26 8 Jan. Mar. Mar. 43 3* Mar. Jan. 105 85 Jan. 21 H Apr. 16 16% Mar. 1153* Jan. 103* Feb. 9 373* Mar. 16 23 29 4 8 86 Jan. 213* Apr. 143* Feb. 22 t Companies reported In receivership. 2 Mar. 70 1213* 273* 42 3* 23?* 71 22 Mar. 6 Mar. 1 Apr. 9 Apr. 5 Apr. 24 Jan. 25 69 Apr. 23 Apr. 29 53 3* Apr. 23 129 Apr. 9 93 Apr. 26 41 Jan. 3 193* Jan. 4 25 124 14 Apr. 23 Apr. 16 48 3* Jan. 3 93 3* Apr. 28 3* Jan. 29 17?* Apr. 4?* 8 4 T Called for redemption. New York Curb Exchange MONTHLY AND YEARLY RECORD PRICES OF RANGE ON 194(i Stock Sales April Shares. Jan. 1 to April 30 NEW YORK 1939 6,266,492 16,759,004 CURB EXCHANGE Bond Sales Jan.- 1 to 15,157,889 1939 1940 April 3,497,684 $30,726,000 164,833,000 $31,803,000 121,955,000 April 30 NOTICE—Deferred delivery, under the rule and cash sales, are disregarded in the month's range, unless they are the only transactions or the month, selling outside of the regular monthly range are shown in a footnote in the month in which they occur. No account is taken of such sales in computing the range for the year. and when AGGREGATE SALES PRICES 850 STOCKS Par 1,400 Acme Wire Co common 1,300 Aero Supply Mfg class A 62,900 ClassB 11.000 Aiiisworth Mfg Corp com 13,000 Air Associates Inc common 31,600 Air Investors Inc common, 6,500 Convertible preferred 23,400 Warrants 500 7,500 425 510 1,730 100 5 1 200 * n'n * 700 500 7,100 1,150 1,100 500 6,400 100 Aluminum Aluminum Industries 375 200 3,800 61,300 44,200 800 1,550 25,200 3,500 900 25 1,600 3,300 8,800 1,800 24,400 4,100 1,800 2,625 65,400 11,600 106,700 5,300 17,300 8,300 3,600 2,400 1,300 2,000 '"825 31,300 2,000 22,800 1,050 4,600 1,700 500 300 215 4,300 7,900 39,900 19,500 1,200 9,300 60",600 3 1% Sale 118 ie% 18 "97" Sale" 100 1 105% 107 1% 1% 42 % 44 6% 7% 2 % 3 % X 20 X Sale 70 X 76 X X American Book Co Amer Box Board Co com .,,100 1 10c 10c ; $5.50 prior preferred Preferred 100 American Maracaibo American Meter Co Amer Pneumatic Service 31% 28% IX * * * * 5 Anchor Post Fence common,-* 3X 25% 30 12 16 15% 28% 20 53. Sale Sale Sale Sale Sale 2% % Sale 84 108% 1% 6% 1% 17 % 78 33% 34% 1% 1% 37 39 Sale Sale Sale Sale Sale 30 % 31 1% 36 Sale 2% 1% 11% 21% 18 Sale Sale 1% 5% 32 20% Apr. 8 80 Apr. 22 %# Apr. 1 Sale 33 Apr. 27 32 Apr. 16 1% Apr. 27 35 37% Apr. 16% Apr. % Apr. 12 Apr. 35% Apr. 3% Apr. 29% Apr. 33% Apr. 16 Apr. 39% 19% % 14% 38% Apr. Apr. Apr. Apr. Apr. Apr. 30% Apr. 33% Apr. 19% Apr. 11 25 13 17 18% 15% 29% 25% Apr. Apr. Apr. Apr. 9 5 19 9 % Apr. 35% Apr. 1 11 34 Sale 15% 28% Sale 88* 84 7% 5X X 73 15% 3% 1% 1% 12% % 2Vs 2% 7% 7X Sale Sale 74% 15% Sale 1% 2 13% X 2% Sale Sale 5% 6% 5% Sale 7% 8% % Sale X Sale 5% 5% Sale % 8% 5% % 63 14 Sale 6% Sale Sale 1% 1% 1% 11% 12% Sale 6 2 6% % 13% %6 Sale 2% 6% % % 2% 13% Sale 1% 1% 14% 106 62% 12% 3% 1 % 1% 13 Sale 112% Sale %6 Sale 2% Sale 2% Sale 7% 98% 97% 5% 5% 10 Apr. % 65 70 102 3 Sale 68 104% 2% 9 fl> 27 6 4 3 114% Apr. 1 Apr. 1 Apr. Apr. 10 2 Apr. 8 Apr. 4 Apr. Apr. 26 5 7% % Sale 2% 6% Apr. 18 Apr. 25 2 % Apr. 2% Apr. 12 Apr. Apr. Apr. Apr. 99 Apr. 6% Apr. 5% Apr. ... 1% 66 2% 69% 16 2 Jan. 11 1% 17% %6 72% Jan. Jan. Mar. Mar. 16 13 13 19 Jan. 101 Jan. 93 2 Jan. 10 Jan. 20 Feb. 138% Jan. 114 Apr. 17 13 26 Jan. 7% Feb. 93 % Feb. 103 % Jan. % Mar. 41 Jan. 5% 1% % 17% Mar. Jan. Jan. Mar. 28 16 16 29 72 Feb. 19 31* Jan. 4 Jan. 22 Mar. 1 4 Jan. 15 Feb. 13 Feb. 28 Jan. 19 25 Jan. 8 31 Feb. 3 11% Jan. 9 16 1% Apr. 68 Apr. 17 8 3 2% Apr. 6 68 Mar. 18 Mar. 12 Jan. Apr. 8 4% Apr. 16 1 6 8 16 4 16 1 1 5 Jan. Jan. Mar. 9 Jan. 11 26 Jan. 9 Apr. Feb. 19 11 Jan. 29 Jan. 17 36 X 109% 10% 6% %6 Mar. Mar. Mar. Jan. Feb. Apr. 3 Apr. 24 Mar. 12 Jan. 4 75 17 Jan. 9 15 Apr. 3 115 Jan* 9 % Jan. 26 Jan. 8 6 3% Feb. 1% Mar. 8 2 Feb. 27 Apr. Mar. 8 19 Feb. 20 6% Apr. 18 % Jan. 12 % Feb. 9 Mar. 30 Jan. 8 Apr. 9 Jan. 6 Apr. 27 Jan. 8 4 Apr. 4 31% Mar. 13 34% Mar. 21 19% Apr. 13 39% 19% %6 14% 39% % Jan. Feb. 1 % Mar. 8 %« Feb. 21 1% Feb. 7 68 3 68 % Jan. 85% Jan. 6% Feb. 4 % Jan. 2 2 Apr. 35 Feb. %6 61% 11% 3% 1% 1% 11% 10 X Jan. X Jan. 32 4 29 21 4 10 30 1 11 19 Mar. 28 80 Mar. 18 4 Mar. 18% 16% 29% 25% 14% Mar. 28% Jan. 3 2% Jan. 1 % Feb. 11% Mar. 21 Apr. 192% Apr. 118% Apr. 18 Apr. 11% Feb. 110% Mar. 108% Apr. 1% Mar. 49 9% Apr. 7% Apr. 2% Apr. %9 Jan. 20% Jan. 34 Jan. 15 9 78% Apr. 108% Apr. 30 33% Mar. 1% Apr. 31% 14% % 11% 24% 3% 2 13 22 12 16 % Apr. „ 2 2 % Apr. Jan. Mar. Apr. Mar. 14 Apr. 3X Apr. 30% Apr. %6 Mar. 16 7% Jan. 9 94% Jan. 4 5% Apr. 4 5 Apr. 26 6% Apr. 24 % Apr. 4 Apr. 9 3% Apr. 8 22% 22% 6% 6% 98 Feb. 1 2 A., 2% 19 17 10 112% Apr. %6 Feb. %s 2% 2% 8% % Apr. 1% 8 Apr. 17 109% Apr. 3 Apr. 11 10% Apr. 24 5 Apr. 6% Apr. 9 Apr. 30 % Apr. 1 3 66 Apr. Apr. 9 15 Apr. 18 Apr. 3 1 3% Apr. 27 Apr. Apr. 20 1% Apr. 5 Apr. 24 1% Apr. 3 15 Apr. 11 Apr. 18 Sale _ * Feb. Apr. 4% Jan. 5% Jan. 68 X Apr. 34 Apr. Sale 1% 8 Q 2% Apr. 15% Apr. 28% Apr. 20 Apr. Sale Sale 19 21 31 Sale 64% 12% 3% 1% 112% 113% 114% %s Sale %s 2% Sale 2% 2% Sale 2% 7% Sale 8% 98% Sale 97% 5% 6 5% 5% Sale 5% % 25 85 Sale 34% 106% 8% Sale 64% 3% Sale Sale % 14% Sale Sale 30% % Sale 107 Apr. 1 32% Apr. 22 1% Apr. 5 44 Sale Sale 29% 34 ll* 17% Apr. 1 Apr. 22 %6 Apr. 6 17% 15% 28% 23% 72% % 33% Sale Apr. 22% Apr. 22 6% Apr. 22 6% Apr. 1 14 Apr. 16 3% Apr. 15 30% Apr. Apr. 78%& Apr. 108% Apr. 30 96% Apr. 29 2% Apr. 26 Apr. 4 Apr. 15 21 Apr. 4 192% Apr. 16 118% Apr. 4 18 Apr. 29 10 Apr. 3 108 Apr. 1 108% Apr. 10 1% Apr. 1 49% Apr. 1 7% Apr. 11 Apr. 19 80 Sale 20 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 22 5 17 4 16 2 1 17 1 3 16 18 26 12 15 29 2 26 1 25 26 1 18 25 3 19 * Sal* 21 17 85 Sale 41 2% 16% Sale Sale % 99 107% 1% 7% 18% 18 17% 8% 3 17% 72 11 114 15% Sale 1 Sale 14% 85 % 2% 20% 165% 37 15% 94 Sale 33 4 5% 12% 2% 29% 104% 31 %6 13% Sale Apr. Apr. 5 Sale 38 12% 35% 3% 30% Highest Sale Prices 75" 35 Sale Sale 25 X Lowest Sale Prices Sale Sale 43 Sale 35 Highest Sale Prices 21 Sale 99 %« 32 Lowest 20% Apr. Sale 37% 17% %e 13% 36% 3% 30% * RR Co preferred -.100 Atlanta Gas Light 6% pref. 100 Fisheries.. * see page 6% Sale 5% 13% 12% Sale 3% Sale 27% Sale % 75 75% 106% 108% Sale 96% 2% 2% 1 1% 11% 9% Sale 19% Sale 188% Sale 114% Sale 17% Sale 8% Sale 23 68 " 3L3St,'J&. A Sale 22 31 Sale 38 X _ American Thread 5% pref Assoc Laundries of America 33 31 IX 17% 9% 106% 107% 1% 49% 5% 1% % 17% 78 * American Superpower 1st preferred $6 series Preferred $6 series * 1 Sale Prices Ask 22 23% 20% 22 Sale 17% "33% 1 Amer Potash & Chem Corp.-* Amer Republics Corp com._ 10 Amer Seal-Kap Corp com 2 Atlantic Coast 2% 1% 10 20 * KM fcjHXBJH For footnotes 1 115 V t c common 800 Tel class A 150 Assoc Tel Atlanta Birmingham & Coast 10 2% 100 * Assoc Breweries of Canada Associated Elec Industries— 10 106 20% 167% American deposit rects £1 13,100 18,600 tAssoc Gas & Elec common. .1 Class A 104,300 $5 preferred * 18,600 Warrants ""i50 73 Sale , ""200 Sale 19 Class A non-voting * 73,429 6% preferred .10 38,400 1,160 Arkansas P & L $7 preferred.* 5 2,200 Art Metal Works common 22,700 Ashland Oil & Refining Co.-l 240 30 140 Angostura-W upperman 1 Apex Elec Mfg Co common * Appalachian Elec Power— $7 preferred.. * 1,065 -.1 96,800 tArcturus Radio Tube 22,100 Arkansas Nat Gas common..* 700 c Aluminium Ltd 6% preferred Ameriban Beverage Corp 10 11" 100 Sale * 8,400 American Laund Mach com-20 25,900 American Light & Traecom.25 2,300 6% prof erred 25 2,900 American Mfg Co common. 100 600 2X Sale 101 * * * 24,400 American Centrifugal Corp__l Amer Cities Power & Lt Corp— Conv class A 25 2,425 Class A with warrants 25 3,200 Class B 1 17,200 315 Amer Cyanamid com class A_10 Common class B non-vot--10 225,200 102,000 American Export Lines com__l 4,400 Amer & Foreign Power warr * 3,350 Amer Fork & Hoe Co com 10 80,o00 American Gas & Electric 9,800 American General Corp 10c $2 preferred 6,275 1 450 $2.50 preferred 1 3,850 Amer Hard Rubber Co com.50 9,300 it* * $3 preferred 5X Sale com 750 20 X 21 Sale 10 6% preferred Aluminum Goods Mfg 2,400 50 Sale 'April 40 Akx Bid 25 Co common 800 Amer Capital Corp cl A Common class B 2,700 ""400 22% April 1 Bid 96 common 825 71,700 11,700 1,800 8,050 28,400 2,500 4,200 2,120 9,800 49",200 220* 50 900 Allied Products Corp com Class A 400 ""loo * — Sale Sale $6 preferred 1,400 Alliance Investment 26,150 4,550 1,200 23,900 2,500 20% 5% 5% 10% 500 Alles & Fisher Inc common—* 700 300 22 % 1 875 Ala Gt Sou RR ordinary 1,370 Ala Power Co $7 preferred 430 Ask 10 _ 5,000 12,000 Bid 1 __ 1,200 35,600 2,100 . TOTT Shares RANGE SINCE JAN. Jan. 2 Jan. 1 Shares IN APRIL Price NEW YORK CURB EXCHANGE Since Apr. 8 2% Feb. 7 18 2 2% Jan. 2% Apr. 1 8% Apr. 23 99 6% 07% Jan. Mar. 5% Jan. 8% %6 % 5% 18 8 11 Feb. 24 Jan. 2 10 3 Jan. Jan. % Mar. 8 %6 Feb. 21 2% Apr. 6 68 Apr. 8 4% Apr. 16 107 Sale 3% Sale "2% Apr". YORK NEW 43 CURB EXCHANGE AGGREGATE RANGE SINCE JAN. PRICES IN APRIL SALES NEW YORK Since Jan. 2 1940 Jan. 1 Shares 1,860 3,400 172,900 5,100 15,700 6,700 2,400 5,600 2,200 STOCKS (Continued) Par Atlantic Rayon Corp Atlas Corp warrants 1 Atlas Drop Forge Co com Atlas Plywood Corp 5 * * 59,400 Babcock & Wilcox Co Baldwin Locomotive— 8,300 7% preferred 30 Purch warr for common 68,000 1 4,100 Baldwin Rubber Co com 1 4,200 Bardstown Distillery Inc 1 16,400 Barium Stainless Steel 3,100 Barlow & Seelig Mfg conv A. .5 3,400 Basic Dolomite Inc common--1 168,200 Bath Iron Works Corp—_. 500 Baumann (L) & Co com * 30 7% 1st preferred .100 230 7% 1st pref vot, tr ctfs—100 1 3,500 Beau Brummell Ties Inc 800 Beaunit Mills Inc common.-10 20 $1.50 conv preferred Ask Bid Bid 1854 % 154 Sale 334 334 Sale 1534 153 P d" 1634 134 354 Sale 51H Sale if* x* 734 2V* 22 18 154 <28 Sale 734 54 % Vs )% 2V> 20 20 5 1 454 Sale Sale 1 ~ 534 434 1254 46 1134 Sale Sale 23 21 A* Sale 2234 Sale 6 34 Sale 654 734 34 Sale 34 Sale 1054 Sale 6 12 34 iP 25 25 5-34 434 13 1834 1854 534 Sale 134 Sale 334 17 34 Sale ■56 34 , 1 •c 1534 24 654 34 19 334 2134 Sale Sale Sale 6 .. 7 54 1.934 4 6 Ask 154 30 30 Sale 6 17 6 634 6 1834 1634 154 46* If* Sale Sale 47 354 Sale Highest Sale Prices 1834 Apr. 19 454 Apr. 16 1 Apr. 23 334 Apr. 25 17 Apr. 1 Apr. 3 1 Apr. 2 6 Apr. 1 6 Apr. 20 1634 154 354 4554 354 Apr. 12 Apr. 30 Apr. 1 Apr. 3 Apr. 10 2934 Sale £2334 Apr. 12 25 Sale 7 34 Sale 2134 Apr. 18 554 Apr. 16 654 Apr. 30 654 Sale % % 54 Sale 1054 11 554 634 15 Sale % 34 a £pr" 16 1 2034 Apr. 5 6 Apr. 29 154 Apr1 4 Apr. 5 1934 Apr. 15 36 Apr. 3 1-34 Apr. 9 634 Apr. 18 7 Apr. 4 2 30 40 454 434 1354 554 534 17 Apr. 1034 Apr. 534 Apr. 1134 Apr. 2 Apr. 11 2 2 13 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 25 5 1 454 Apr. 54 Feb. 234 Feb. 133s Jan. 36 Jan. 1 Apr. 534 Jan. 554 Feb. 16 26 5 5 2334 Jan. 6 Feb. 25 2 29 6 234 Mar. 4" Apr. 1934 Aprl 34 Jan. 154 Jan. 654 Feb. 754 Mar. 5 30 4 15 19 5 15 11 15 9 28 Jan. 23 20 Mar. 14 1434 Jan. 134 Jan. 334 Jan. 12 23 3 17 Apr. 22 10 24 42 Feb. 19 53 30 3 Jan. 19 354 Apr. 30 1934 Jan. 22 3054 Apr. 22 22 29 27 3 1 5 19 4 20 Apr. 2 Apr. 554 Apr. 534 Apr. 13 10 2134 554 634 34 54 934 534 954 Apr. 18 Mar. 18 Jan. 17 Mar. 4 Mar. 6 Jan. 5 Apr. 11 Mar. 18 Mar. 21 1 21 Apr. 534 Apr. 454 Apr. Sale Prices 30 15 3054 Apr. 22 2534 734 734 34 % 1134 634 1654 Highest Sale Prices 18 Mar. 18 16 Apr. 154 Apr434 Apr. 48 Apr. 35^ Apr. 17 25 1 25 25 Lowest Lowest Sale Prices April 30 April 1 Ask Bid 50 Atlantic Coast Line Co t Austin Silver Mines 1 Automatic Products Corp 5 Auto Voting Machine com—* Avery (B F) Sons Co. 5 350 6% preferred with warr__.25 475 6% preferred ex-warr. 25 Purchase warrants 3,200 269,800 Aviation & Transport Corp__l 2,750 Axton Fisher Tob class A—10 1,900 Ayrshire Patoka Collieries _.l 300 1 Price CURB EXCHANGE 15 Jan. 4 20 Jan. 3 534 Jan. 4 434 Jan. 19 1234 Feb. 21 1 54 Feb. 434 Apr. 15 Jan. 2654 Jan. 8 Jan. 2 10 3 734 Apr. 34 Apr. H Jan. 1134 Apr. 734 Jan. 3 1 6 19 9 1654 Apr. 20 2 Apr. 2 25 25 Jan. Jan. 6 Jan. 6 6 9 534 Apr. 15 Mar. 16 15 / 67,000 165,200 39,100 2,083 1,000 Beech Aircraft 1 common—1 Corp corn. Bell Aircraft Corp Bellanca Aircraft common— 1 Co of Canada—100 Telep of Pa 634 % pref .100 Sale 734 Sale Bell Telep Bell 550 Benson & Hedges common—* Convertible preferred* 285 15,200 Berkey & Gay Furniture Co..l Purchase warrants 6,100 * 2,750 Bickford's Inc,common $2.50 conv preferred 1,050 -* 12234 3734 144"" 40 Sale 45 Sale 13$ Sale 7 7J4 Sale 26 Sale 1434 1454 16 134 134 4034 634 334 134 Sale 4334 Sale 30 28 31 4354 634 4454 654 * 5,400|Bourjois Inc 40 634 234 2634 2834 Sale 27 5 45 % 3854 534 77,200 Bliss (E W) & Co common—1 18,900 Blue Ridge Corp common.-.1 $3 optional conv preferred 11,000 * * 8,200 Blumenthal (S) & Co com 1,500 Bohack (H C) Co common:._* 970 7% 1st preferred 100 25 11,950 Borne Ssrymser Co 50 40 3934 534 7 6 7 Sale 2 5 4 Sale 2^ Apr. 8 Apr. 15 4 Apr. 9 Apr. 3 Apr. 56 14 3934 554 4 Apr. 19 6 Apr. 2 Apr. Apr. 17 8 Apr. Apr. 29 Apr. 19 1 Apr. 1834 Sale 1534 Sale Sale 7 2 234 2754 Sale 4534 Sale 634 654 1 134 Apr. 4234 Apr. 18 1 7 Apr. 234 Apr. 27 134 4334 634 9 Apr. 4234 Apr. 16 654 Apr. 23 26 4634 Apr. ^5 Apr. 19 34, Apr. 1 1454 Apr. 16 40 Apr. 9 634 Apr. 8 4 Apr. 19 1934 Apr. 24 9 854 Feb. 3234 Apr. 15 9 854 Feb. Jan. 22 136 554 Mar. 1734 Jan. 6 Jan. 115 114 Apr. Apr. 39 34 14* 4 6 754 Apr. 27 2634 Apr. 24 3234 634 Apr. 20 17 115 Apr. 30 12334 114 Apr. .17 123 45 1434 3934 634 3834 754 common Sale 118 36 654 275 Bla.nner'8 Sale 14 Mach_* 38 Sale 1454 34# 14 900 Birdsboro Steel Fdy & Sale 6 2754 3154 Sale 634 634 Sale 115 12234 Sale 123 12334 11634 37 34 43 3734 4634 4434 4434 34 125 Jan. 34 Mar. in Mar. 1354 Mar. Apr. 16 Feb. 554 Mar. 38 40 6 1 Feb. 19 4054 Jan. 3 6 Jan. 9 154 Mar. 1 26 Apr. 9 2834 Jan. 3 5 Jan. 2 Apr. 10 Apr. 8 Apr. 25 Apr. 8 734 Apr. 25 1754 Apr. 4 Apr. 19 Apr. 30 54 Mar. 25 7 Jan. 12 5 Mar. 19 10 Jan. 12 734 234 2834 4834 Jan. 4 1934 Apr. 24 1234 Jan. 154 Apr. 4 Apr. 4 Apr. 9 Apr. 27 Apr. 2 Apr. 3 634 Apr. 5 45 Mar. 26 634 Jan. 25 Jan. 4 Mar. 13 4334 Jan. 24 Apr., 5 Apr. 19 Feb. 27 Mar. 45 154 Jan. 8 Apr. 4 834 Jan. 30 45 234 3134 4834 634 Mar. 26 Mar. 28 Apr. 3 Apr. 5 Bowman Biltmore Hotels— 5,600 * Common * 1 80 1134 Sale 3534 100 Preferred. ?. 100 * 7% preferred.. 1,100 Brillo Mfg Co common 1,350 280 Class A Sale * * Light Co Bridgeport Machine com 5,600 2,300 6 1 25 Bridgeport Gas 23,000 34 Sale 654 854 134 154 754 754 100 * 750 7% 1st preferred 2d preferred 5,630 34,500 Brazilian Tr Lt & Pr ord 42,700 Breeze Corp 335,300 Brewster Aeronautical 7,H 1 Sale Sale Sale 5 Sale 5 Apr. 30 1 Sale 1 5 734 Sale Sale Sale 7 15 12 3 134 2934 1234 1754 38 254 44 254 1 33 27 33 28 1354 3254 14 34 1334 3254 1634 1434 18 20 1834 18 22 18 35 Apr. 7 Apr. 554 Apr. 1454 Apr. 19 4 19 38 Sale 36 254 4034 234 54 1634 3734 Sale 55 3 49 2 2 36 Apr. 17 2 Apr. 30 Sale 254 134 3134 1434 33 Apr. 30 2 134 Apr. 34 654 134 834 Apr. 17 Apr. 15 Apr. 6 254 Apr. 4 1 Apr. 6 32 Apr. 5 1434 Apr. 6 34 Apr. 3 36 3 42 1854 254 134 2834 * ..... , 54 7 34 554 1734 36 Apr. 19 34 Sale 34 6 34 nJ4 Apr. 2 1554 1654 Apr. 23 17 Apr. 5 2054 2254 1734 Apr. 26 18 Apr. 17 Sale Apr. 17 2 1354 Apr. 3254 Apr. 29 30 5 36 2 33 134 54 2934 1234 3034 Apr. 17 Apr. 30 «-pr. 30 Apr. 2 Apr. 2 Jan. 12 Feb. 14 Feb. 14 54 Feb. 15 834 Feb. 13 154 Feb. 9 834 Apr. 8 734 Apr. 25 1754 Mar. 28 Apr. 17 334 Jan. 3 Jan. 5 3 Feb. 14 154 Feb. 6 38 Feb. 5 1434 Apr. 6 34 Mar. 5 36 49 British-American Oil Co Coupon stock (bearer) * 100 Registered * British Amer Tobacco Ltd— 2,000 2,100 1,900 1,700 Amer dep rets ord bear._£l £1 Amer dep rets ord reg British Oelanese Ltd— Am -10s dep rets ord reg 1 Buckeye Pipe Line -50 Buff Niag & East Pow pref_25 $5 1st preferred * Bunker Hill & Sullivan—2.50 Burma Corp Amer dep rets— Burry Biscuit Corp 12 34 c com... 154 134 134 134 18 27" ~ Sale' 25 17 26 Sale 31 434 434 Sale 17 154 1% * -.... 45,200 Brown Rubber Co common.. 1 1,600 Bruce (E L) Co 5 3,400 Cable Elec Products Voting trust ctfs 5,400 2054 ....* Class A preferred 5,600 Brown Forman Distillery $6 preferred 6,700 32.600 7,400 26,600 2,100 3,200 Sale * 125 British Col Pow class A 15,850 tBrown Co 6% preferred-.100 6,200 Brown Fence & Wire com—1 900 183 183 38 434 4 1034 1134 Sale Sale 28 22 Sale" 254 134 234 134 50c Sale 4454 Sale 9 11 3834 Sale 2054 Sale 10134 10134 1254 1254 154 134 1 134 34 34 54 54 50c 334 434 1834 i* 134 Sale Sale 334 354 15 Sale 234 38 4454 234 Sale 934 1034 4034 Sale 134 2054 2434 354 15 Apr. 18 Apr. 29 4 Apr. Apr. 18 Apr. 25 154 Apr. 1 254 Apr. 10 Apr. 38 Apr. 20 Sale 1934 Apr. 100.34 10054 100 Apr. 1234 Sale 1234 Apr. 134 Sale 134 Apr. 1 1 134 Apr. 11 12 25 19 3 15 3 26 134 % % % 15 34 Apr. 34 Apr. 29 134 Apr. 4 2054 Apr. 29 Apr. 20 434 Apr. 8 16 Apr. 18 35 254 Apr 334 1034 4034 2134 10154 1234 154 1 . 24 1 Apr. 5 Apr. 29 Apr. 5 Apr. 8 Apr. Apr. 10 Apr. Apr. 134 Apr. 1 Apr. 5 3 3 1 1654 Mar. 14 1634 Apr. 23 1954 Jan. 15 17 Apr. 5 1734 Apr. 26 18N Apr. 16 2034 Feb. 20 Feb. 134 Jan. 13 2054 Apr. 29 22 Jan. 23 354 Apr. 18 15 Apr. 25 1 9 134 Mar. 1 Feb. 27 Apr. 20 5H Feb. 7 1854 Feb. 5 22 35 134 Feb. 28 254 Apr. 24 16 454 Jan. 4 1134 Jan. 26 Feb. 13 2254 Jan. 4 108 Jan. 9 14 34 Jan 5 23s Jan. 12 134 Jan. 5 2 Jan. 934 Mar. 25 Jan. 2 28 1934 Apr. 25 Mar. 5 1234 Mar. 6 134 Apr. 15 34 Feb. 7 98 % Jan. % Jan. 11 10 43 134 Apr. 1 3 Mar. 12 Cables & Wireless— Am dep rects 534 % 800 3,100 Calamba Sugar Estate Callite Tungsten Corp 53,900 ""loo 99^ pref. .£1 Co_. .20 ..1 Formerly Eisler Electric. lis Camden Fire Ins Assn * Canada Cement Co Ltd Canadian Car & Fdy pref.. ".25 1 1,200 Capital City Products..... 15,300 Carib Syndicate com — * III * 25c 400 Carman & Co conv A stock. Class B * 2,500 * 6,900 Carnation Co common 53,000 Carnegie Metals Co common. 1 950 Carolina Pow & Light $7 pref.* $6 preferred 870 * 55,400 Carrier Corp common. . 1 1 2,300 Carter (J W) Co common * 3,200 Casco Products 10 450 Castle (A M) & Co 1 19,938 Catalin Corp or America. Celanese Corp of America— 7 % 1st partic preferred.. 100 10,975 15 6,700 Celluloid Corp common 1st preferred part * 1,040 $7 dividend preferred __* 1,975 7,000 Cent Hudson Gas & Elec com. * 70 Cent Maine Pow 7% pref..100 7,100 Cent N Y Pow 5% pref....100 1 6,100 Cent Ohio Steel Prod see page 134 Sale _ — 105,900 Canadian Colonial Airways. 700 Can Indus Alcohol class A. B non-voting 40",600 Canadian Marconi Co For footnotes 354 434 1754 Sale 53. *1% 2254 Sale 334 }3 Sale Sale 934 134 Sale 2234 2454 534 3834 39 Sale 100 Sale 92 Sale T—< ccoo 234 2034 534 1854 934 2 34 154 1 834 1 2334 634 3934 12 734 954 1-834 354 72 21 1434 Sale Q 334 Sale Sale 1434 '9754 "9754 8 Sale Sale ? 134 25 654 3954 334 Apr. 1734 Apr. 18 Apr. 1 254 Apr. 15 3 534 Apr17 Apr. 30 2 854 Apr. 2 Apr. 30 534 Apr. 3 15 234 Sale 24 3 Sale 734 10 1934 334 17 5** Sale a 1034 Sale 2 Sale 134 254 % Sale 9 934 1 Sale ■2134 27 6 34 Sale 39 34 Apr. 30 9 834 Apr. 3 1 Apr. 25 40 1154 Sale 734 8 10 1754 3 Sale 12434 4 Sale 354 86 8134 8454 30 3134 33 15 1534 Sale 10834 H054 107 103 Sale 10234 854 118 18 334 Apr. 18 334 Apr. 25 2 *1534 Mm. 8 1834 Apr. 334 Apr. 25 1854 Mar. 29 15 2 254 Apr. 534 Apr. 17 Apr. 30 534 Apr. 3 Jan. 3 134 Feb. 17 54 105^ 734 1034 107 Sale 23 54 9 2054 Sale Sale 2 54 3 34 Sale 1734 1754 634 3934 34 Sale 34 10554 106 34 10834 110 9834 9934 10354 10434 9834 13 34 Sale 734 11 20 Sale 254 234 4 185-4 Sale 19 1134 734 954 1854 Sale Sale 434 8954 3254 Sale 19l Ilk Apr. Apr. 234 Apr. 4 2 34 Jan. 24 8 Jan. 1 Jan. 30 15 Apr. 24 25 Apr. 4 634 Apr. Apr. Apr. 27 4034 Apr. 54 Apr. Apr. 19 2 10834 Apr. Apr. 3 10434 Apr. Apr. 934 24 30 11 5 24 26 Apr. 27 5 Apr. 3 Apr. Apr. 10 3 Apr. 4 1434 Apr. 7 34 Apr. 29 9 11 Apr. 1854 Apr. 10 334 Apr. 23 1 15 Apr. 354 Apr. 8234 Apr. 30 Apr. 15 Apr. 118 10234 Apr. 9 Apr. 12654 Apr. 11 454 Apr. 3 87 Apr. 17 3254 Apr. 5 16 Apr. 17 10534 Apr. 15 12 Apr. 30 654 Jan. 8 134 Apr. 9 Apr. 24 4 134 Apr. 11034 Sale 16 1054 Apr. 10 22 9 23 Feb. 534 Jan. Jan. 34 Apr. 10034 Jan. 9234 Jan. 1134 Apr. 734 Feb. 954 Mar. 18 Jan. 234 Jan. Jan. 334 Jan. 6934 Jan. 2054 Jan. 14 Jan. 10654 Jan. 9734 Jan. 754 Feb. 105 1154 Apr. 16 254 Jan. 22 134 Apr. 93s Jan. 134 Jan. 8 3 2 Feb. 9 25 25 38 22 634 4034 34 19 2 10834 2 10434 12 Apr. 30 Apr. 11 Jan. 8 Apr. 24 Apr. 26 27 5 14 1554 Jan. 3 734 Apr. 29 12 Feb. 25 20 Jan.- 16 334 Jan. 8 2 8 12654 Apr. 15 1 534 Feb. 87 Apr. 22 3434 Feb. 15 8 1734 Feb. Jan. 10 10534 Apr. 1054 Apr. 9 109 5 NEW MAY, 1940] YORK 43 EXCHANGE CURB AGGREGATE SALES Since April Shares CURB Jan. 2 EXCHANGE 1940 2,025 Cent Pow & Light 7% pref-100 Central & Southwest Utilities— 29,000 Common 50c 27,300 Central States Elec common-.1 1,000 7% preferred 100 2,375 6% preferred 100 850 Con v. preferred - _ 100 4,700 6,900 375 850 Par Bid 109 STOCKS (Continued) 475 Conv pref opt ser 1929--100 Chamberlin Metal Weather 1,500 Strip Co -5 1,350 Charis Corp common ---10 525 Oherry-Burrell Corp com 5 2,000 Chesebrough Mfg 25 8,950 Chicago Flexible Shaft Co—5 2,800 Chicago Rivet & Machine 4 2,800 Chief Consol Mining Co 1 400 150 25 700 2,900 700 1,400 425 3,175 Childs 24,200 11,800 600 40 160 260 5,000 1,200 100 • 8,700 100 1,800 14,200 1,900 2,800 Co 100 prelerred 10 84,000 Cities Service common 32,200 $6 preferred ^—* 60c preferred B 2,100 * 780 $6 preferred BB * 1,910 Cities Serv Pr & Lt $6 pref.1,800 $7 preferred 12,200 City Auto Stamping Co * 1,900 City & Suburban Homes 10 200 Clark Controller Co 1 1 22,400 Claude Neon Lights com 1,200 Clayton & Lambert Mfg Co--* 6,200 44,500 2,900 6,300 * Cleveland Elec Ilium com % 3,500 900 .5,300 3,630 975 18,400 110 72 1,500 1,600 1,100 6,300 950 «S* MA Sale x 3% 43 J 1 5 8% 90 '*5",800 100 13,300 Cooper Bessemer Corp com—* S3 prior preferred * 2,200 * 15,250 Copper Range Co 5 20,300 Copperweld Steel com, 5c 6,500 Cornucopia Gold Mines 1 3,100 Corroon& Reynolds $6 preferred A * 520 Cosden Petroleum com .1 48,100, 7,700 900 6,350 " 2,900 1,500 120 36,800 3,200 5% 5,600 conv 50 preferred Am dep rets for Creole Petroleum ord stk reg. 7% conv preferred- i Crystal Oil Ref Corp com $6 preferred """250 Cuban Atlantic Sugar Co 2,200 625 2,200 _ 500 Cuban Tobacco common 630 Cuneo Press 6% % Pref 200 2% 80 500 Curtis Mfg Co (Mo) 3,100 1,300 11,550 1,750 52,200 2,800 6,500 1,650 1,100 300 2,000 130 10,600 1,600 1,300 Daroy Petrol Corp Davenport Hosiery Dayton Rubber Mfg Class A conv Derca Records '»» common 5 * 1 35 1 Detroit Gasket & Mfg Co 10 1,500 600 1 5 50 100 * * 1 2,300 6% preferred ww 20 800 Detroit Gray Iron Fdry com..l 4,400 Detroit Mich Stove Co 1 3,000 Detroit Paper Products——1 7,600 Detroit Steel Products new .10 300 1,000 300 4,600 1,300 6,000 20 30 De Vilbiss Co common 7% preferred Diamond Shoe Corp com 325 Distilled Liquors Corp 1,400 Distillers Co Ltd— 100 100 100 1,400 200 6,800 1,300 " Am dep rets ord reg_ Divco-Twin Truck Co com YjOO 4",500 100 514% preferred 350 Draper Corp 10 200 For footnotes see page 53. 33l 34% 17 X X Sale A3X Sale 2X 81X 3H Sale 117 117% IX Sale 36H 37% 3X 3X 24 2 22 26 6 17 30 7 26 15 18 17 Apr. Apr. Apr. Apr. Apr. Apr. 25 Sale 95' 97 X 7 9 7X 10 9% Sale 5 Sale 16K IX 72 IX 9% 47 IX AH 92 10 8X 25J4 5 2 73 X Sale Sale Sale Sale Sale % IX - 72 15 3% 4% 1724 4% Sale 19 Sale 28% 29% 724 Sale AX Sale 3 X Sale IX Sale e 1024 _ Sale Sale X IX 75 624 20 X 5% 7% Sale Sale Sale 124 2X 3 97 124 5X 95% % 8X 924 Sale 50 10% Sale 1624 17 IX Sale 1% 1^ 1 n 8 4% __25 Chemical. * 11% Sale Sale % Sale 10 3 18 25 25 30 5 1% Apr. 29 Apr. 83% Apr. 119 Apr. 1% Apr. 33 Apr. 3 Apr. Apr. 124 Apr. AX Apr. 93 Apr. 3 19 3 2 2 3% 97% 1% 6% 95% 6% Apr. 9% Apr. 2 19 8% Apr. 30 10 Apr. 30 1 1 1 97 % Sale 6 5 69 Apr. 20 1 % Apr. 10% Apr. 3 69 2 12% 124 22% % 10 "2% ""2% Sale 124 20% % ex 1% 4% 17% 16% 30% 7 4 1% 38 10% 17 IX 1% % 20 2% 112 10%^ Apr. Af>r. Apr. 22 9 Apr. Apr. 30 Apr. 30 30 Apr. 5% Apr. 4% 3% 19 18 17% 31% 7% 4% 1% 15% 22 98 1% 41 Sale 17% IX 2% Sale 21% 28% % 20% 96 105 29 6% 4% 1% 38 20 Sale 26% 13 11% 9% 10% 4% 35 Sale loo 5% 25% 9% 55 71 70% Jan. 16 8% Apr. % Jan. 17 10 4 21 Jan. 30 4 Jan. 30 54% Feb. 21 4% Jan. 10 % Apr. Apr. 29% Mar. 26 9 5% Apr. 8 63% Apr. 5% Mar. 15 Mar. 16 50 Feb. 16 82 89 5% 6% Jan. Jan. Jan. 15 Apr. Mar. 19 31 110 30 115% Mar. 19 Feb. 28 23 7 23 Apr. 22 26 16% Jan. 11 Jan. 32% Jan. 5% Jan. 11 30 2 Jan. 16 Jan. 2 5% Apr. 8 7% Apr. 25 1% 4% 4% 71% Apr. 9 Apr. 12 Mar. 18 Mar. 18 64 Jan. 2 1% Feb. 29 X, Jan. 3 7 Jan. Feb. Feb. Apr. Mar. 19 28 16 21 Feb. 26 8% Jan. 9 48% 7% 2% 3 % 6 2% Jan. 10 4% Jan. 25 6% Apr. 83 Jan. 70% Feb. 21 2% Jan. 4 22 38% Apr. 25 % Apr. 5 71% Apr. 2% Apr. 13% Apr. %8 Feb. 1 15 Apr. 25 18 Mar. 18 45 Feb. 120 Feb. 1 % Apr. 29 2% Apr. 18 78% Jan. 18 117 " Jan. 1% Jan. Apr. 30 29 3 95 Jan. 90 Jan. Apr. 12 Apr. 13 Apr. 18 Apr. 10 Apr. 10 Apr. 24 1 % Apr. 22 Apr. 9 3 23% 5% % 1 % 3% 8% 7% Mar. 21 4% 15% % 1% 18 Jan. 4 16 29 6% 4% X 18 98 1% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Feb, Feb. 19% 4% % 1% 1% 7% Feb. Mar. Jan. Apr. Jan. Jan. 13 6 27 19 4 10 25 9 4 1 Feb. 3 5 18 Jan. 26 4% Apr. 5 Apr. 22 18% Apr. 5 31% Apr. 5 7% Apr. 2 5 Apr. 9 1% Apr. 10 20 Apr. 20 98 Apr. 6 1% Apr. 9 18 4 Feb Feb. 15 2 1 % Apr. 29 3% Feb. 6 83% Apr. 4 2 1% Mar. 13 39% Jan. 5 3% 97% 1% 6% Jan. 24 Feb. 15 4 Jan. 9 Apr. 98 Jan. 8 4 % Jan. 8% Apr. 30 10% Jan. 19 10% Apr. 30 Apr. 15 5% Feb. 23 30 9 17 Mar. X 1% 77% 2% 13% Feb. 19 Feb. 15 Feb. 16 Apr. 8 Apr. 9 7% 23% 6% X 1% 3 % 8% Jan. 3 Apr. 25 Jan. 4 2 Apr. 4 Apr. Mar. 28 Feb. 15 1% Feb. 22% Apr. 7 Jan. 19 8% 9% Apr. 29 10% 9 2% Apr. 2% 110 Apr. 26 112 7 6% Jan. 3 9% Apr. 29 10% Apr. 2% Apr. 2% Apr. 110 Apr. 26 112 Apr. 18 31 Feb. 1 Jan. 11 Jan. 22 Feb. 5 69 Apr. 20 1% Jan. 27 9 Apr. 25 4 Apr. 2 Apr. 4 Apr. Apr. 26 2 Apr. 1% Apr. 22% Apr. 31 % Jan. 4 5% Mar. 26 9% Jan. 12 7 20% 4% % 1X 2% 7% 19 Mar. 11 1% Feb. 24 4% Mar. 19 25 1 % Apr. 6 Feb. % J an. 3 1% Mar. 7 49% Apr. 22 4 1 % Jan. 40% Feb. 9 Mar. 5* 8 3 *34 56 4 X Jan. 3% Mar. 10 % Apr. 1 % Apr. 4 4 7 6 Apr. Apr. Mar. 83 15 5 Feb. 5 Apr. 23 Jan. 3 Feb. 26 Feb. 28 4% Jan. 9 17% Jan 16 Apr. 19 29 Jan. 32 Feb. 16 6% Apr. 4% Feb. X Feb. 8 Jan. 3 . 14 Feb. 19% Jan. 14 5 5 Apr. 9 1% Feb.23 27% Feb. 23 98 Apr. 6 Feb. 84% Feb. 1% Apr. 2 Jan. 3 45 11 17% 1"' 2% Sale 10 8% Sale 10% 17% 1 % 1% % 11% 8% 4 4% 19 16% 30% Sale 4% % 23 Jan. 68 10 Jan. 117 110 15 9 14% 69 Sale 6 24% 1% "77" 1% 22% X 11 110 26% 1% 12% 8 8 25% 1% 5 Sale 112 2924 IX Sale 12% 7% Sale 5 5% %« Sale 1% 2 7% 1% 20% % 6% 72 Sale 6% 21% 3 26 76 IX 18 % 1% Sale 10 12% 324 100 29 8 Apr. 25% Apr. 5 Apr. 1% Sale 27 1 Sale 2X Sale Sale 524 8 93 £1 Apr. 25 10% 2824 AX 1% 2% % 2824 1% 17% Apr. 4% Apr. 27 7% Mar. 28 13 44 15% Sale 10 H 18 22 38% Apr. 25 5 X Apr. 45 IX 9X 5% IX 5 15 X 43 Sale 110 40 70% Apr. 2% Apr. 9 35% Apr. Apr. 1 38 X Sale 94 X ex 19 12 5 1% Apr. 4% Apr. 19 9 6% Apr. 83 Apr. 25 4324 Apr. Xs 3X Sale 3 12 Apr. 5 Apr. 24 Apr 16 Apr. 5 Apr. 8 Apr. 25 5 % Apr. 3 1% Apr. 49% Apr. 22 124 Apr. 2% Apr. 83 X 81 Sale 81 Apr. 117 118 11724 11824 117% Apr. IX Sale ix in 124 Apr. 29 Sale 29 30X 30 X Apr. 3 9 4 48 9% 2% Apr. Apr. Apr. Apr. 44% 7% 2% 3% 5% 7% Apr. Apr. Apr. Apr. Sale X Sale IX 2X IX 2 7X 8 1X 3 24 24» Sale 124 Sale 45 17 X 97 X ~T% Sale 37 X Sale %6 Sale X* 43 -5 * 2 35 X Sale ft 10 Dominion Steel & Coal B Dominion Tar & 5% 7 24 13 105% Apr. 27 7% Apr. 1 6824 Apr. IX Apr. 20 IX 42% 1 26,600 Dobeckmun Co common 1,500 Dominion Bridge Co 7 8X 9 8 8 4 6 Sale 4$ Salt* 10 * 624 2 5% Apr. 63% Apr. 5% Apr. 27 56 Apr. 17 100 Apr. 69 H Sale 100 5 Dejav Stores Inc common Dennison Mfg Co class A $6 prior preferred 8% debenture stock 130 Derby Oil & Ref com 7,400 A conv preferred 425 Sale Mar. 12 3% Feb. 17 6% Jan. 25 11% Mar. 8 Jan. Jan. Jan. Jan. 2% Jan. 2% Jan. X % 8% 2% 14 2 5 Apr. 23 1% Mar. 18 1% Mar. 19 4% Apr. 27 1 7 Apr. 4 12 1 Apr. 4 117 Apr. 4 83 Apr. 9% Apr. 15 6 % Apr. 4 28% Apr. Jan. 115 Feb. 109 % Feb. % Jan. 27 IX 424 5X 7824 • 5 Apr. 29 IX Sale Sale ^ Sale 6 Highest Sale Prices % Apr. %8 Apr. 7 Apr. 2% Apr. 20 IX 4 24 6X 8024 Sale Sale 2 AH 7H 5 * Sale 2X Sale 29 27 IX AX 68% 2X 10,500 75 41 17 8X Sale 4,500 25c 25 * 10 Sale 25 7X 64 8,600 2,100 Crown Drug common. 524 54J4 15 7 79 X 5X 100 AX Apr. 5824 Apr. 5 Apr. 51 Apr. 99 95 Apr. 104 100 Apr. Sale eX Apr. Sale eX Apr. 16 15 Apr. Sale Apr. 4 AX Apr. Sale 15 2X 3X 524 7 24 10 . Crocker Wheeler Elec Sale 7 Sale 2X 3X Sale 22 X com 6X IX 3X 83 --5 55,000, 42 Sale IX AX ex Sale Mfg—* 17,400 1 17,800 Croft (The) Brewing Co * 100 Crowley Milner & Co com Crown Cent Petrol (Md) 5 15.700 Crown Cork Internat cl A * 4,500 19,600 7,200 5,600 43 aVA £1 Courtaulds Ltd 700 52 56 54 93 X 99 98% 103% 10524s 100 6 H Sale ex Sale ex 16 X 1424 Sale 24 4 AX Sale 100 preferred 5X Prices 1 4% Apr. 6X Apr. 12 Apr. 114 Apr. 7824 Apr. 8X Apr. %» Apr. 2624 Apr. 5 — 100 5X 60 H 5 5X Sale 55 1% 4% 6% --10 2,800 Consol Royalty Oil 21,100 Consol Steel Corp common—* Cont'l G & E 7% pr pref.-.100 1,550 1 3,300 Continental Oil of Mexico 12,100 Cono Roll & Steel Fdy com...* 3,200 Cook Paint & Varnish Co— ♦ 280 Sale 8% 20 1,100 10.800 60 89 Sale Sale Sale 5X 61 6 93% 5 7 Sale ex 11 11% 12X 12X 116 117 113% 114 78 79% Sale 79X 8X 9X 9% 9X Hi 0 Xs 28 Sale 27 X Sale * 6,300 Cons Retail Stores Inc com—1 1,400 h Sale 58 84 * 820 4%% series B pref 28,700 Consol G as Util com 6,150 Consol Min & Smelt Ltd 260 3,700 10 Sale 3 2X AX ex. 2% Sale IX 2X IX AX Sale 57 h 2 «» 1% 4 Apr.19 114 % Apr. 24 Apr. 5 Apr. 23 1% Apr. 11 He 6 Lowest Sale Prices Highest Sale Sale Prices 111 X X Sale 3 Sale 9% % 23% 2 4% 7% Sale 3 69,500 4,600 Commonwealths Distribut 9,900 Community P & L $6 1st pf__* Community Public Service— Common 25 10,850 1 3,000 Community Water Serv Compo Shoe Machinery— V t c ext to 1946 1 4,100 Conn Gas & Coke Security— $3 preferred * 50 1 1,600 Conn Telep & Elec Corp 1 3,100 Consolidated Biscuit Co 18,700 Con Gas E L & P Bait com—* 3,250 2,300 9 3% 3% 6% * 100 W&rr&iits 28,700 1,200 3,400 Sale Ask 115X 112X 113 Hi Sale % Sale 6% Sale % 4 8,700 Colon Development Co Ltd-Is 6% convertible preferred £1 3,000 12,300 Colorado Fuel & Iron warr 9,230 Colt's Patent Fire Arms Mfg 25 Columbia Gas & Elec Corp 5% preferred .--100 3,825 58,300 Columbia Oil & Gas com— .1 Commonwealth & Sou Corp— 100 114 110 7% 2% 2% 2% Ask Bid Bid Lowest April 30 April 1 Ask %» Club Aluminum Utensil com_* Cleveland Tractor com Clinchfield Coal com 150 Cockshutt Plow Co Ltd 2,100 Cohn & Rosenberger com 100 1 Price „ Jan. 1 8hares 650 RANGE SINCE JAN. PRICES IN APRIL NEW YORK In 28% 10% 25% 2% 13 Sale en 27 10 67% Sale 10% Apr. Apr. 1% Apr. 1% Apr. % Apr. 20 Apr. 28 Apr. 210 Apr. 25% Apr. 1% Apr. 17 1 20 3 22 1 19 22 16 3 18 2 Apr. Apr. 15 Apr. 19 Apr. 16 Apr. 10 3 20% Apr. 28 Apr. 22 210 Apr. 16 3 25% Apr. 1 % Apr. 25 11% 17% 1% 1% 1% 9% 16% 1% 1% % 18% 26% Mar. Jan. Jan. Feb. Mar. Feb. Jan. xlO Apr. 25% Apr. 1% Apr. 13 8% Apr. 4% Apr. 3 2 9% Apr. 7% Apr. 9% Apr. 19 11 % Apr. 25 5 Apr". "24 70% Apr. 30 22 28 Apr. 2 Jan. 17 Jan. 2 Mar. 28 Apr. 10 Jan. 2 Apr. 22 16 rlO Apr. 28 Jan. 15 1% Apr. 25 4 7% Jan. 12 4% Mar. 8 9% Apr. 19 5% Mar. 6 67 68% Mar. 11% 17% 1% 2 % 1% 13% Jan. 9 9% Apr.. 25 7% Apr. 5 12% Jan. 5% Mar. 3 6 Mar. 29 67 Mar. 29 68% Apr. 24 78 Jan. 11 NEW 44 EXCHANGE CURB YORK AGGREGATE Since Jan. 2 EXCHANGE CURB In April Jan. 1 STOCKS (Continued.) Par 1,904 Driver Harris Co common—10 40 7% preferred 100 1 15,100 Dubilier Condenser Corp 6,800 nVA 75 * 1 * "4,700 4,100 450 11,700 7,400 8,650 3,500 1 234 7 800 600 300 1,600 $6 preferred $5 preferred Electric Power & Lt 2d 30 250 3,400 56,600 6,525 19,500 1,200 1,000 16,000 1,525 6,800 250 Sale Sale isx nx 734 6734 6,800 5,350 51,000 3,800 90 1,900 "1,950 5,500 475 11,200 200 150 500 350 2,900 570 6334 450 70 X 60 64 6834 69 34 6534 61 70 10 Sale 6 Sale 534 Sale 954 Amer 230 dep rets—Ord reg "9" "1034 Warrants 1 1,475 4,200 5,800 7 2754 Sale 654 6 38 — ... — 1154 _ 11 Xt Sale 7034 1554 Sale 68 934 00 X _ 18 16 30 9 8 1 2 1 _ 54 1034 1734 2734 1054 1734 Sale 1934 13 J4 Apr. 15 Apr. Sale Apr. 234 Apr. 1 Apr. Apr. 15 41 * * 10 1534 18 19 54 37 3934 38 2 90 86 8734 86 Apr. 26 86 66 7154 134 69 Apr. Apr. 4 71 14 13 X Apr. 11 15 Apr. .18 2 25 Apr. 1054 1154 73 54 14 54 Sale 1434 1434 39 48 2334 34 45 Xt Sale 30 Sale 134 134 76 834 9734 * * 434 9 "9834 99 34 634 8954 734 42 5 5 * '' * 534 734 * 9 * Sale 27 Sale 105 24 98 -.1 34 Xt 50 * Gray Manufacturing Co 10 Gt Atl & Pac Tea 1st pref-.100 Non-voting common stock.* Great Northern Paper Co—25 Greenfield Tap & Die com—* 77 "I 134 1534 2534 534 17 2634 7 Sale 132 Sale 9 131 110 834 4434 9 2 34 2 34 44 Xt Xt hi 'u 8834 85 88 41 43 4634 34 154 Sale 54 134 1 Sale Sale 74 734 22 834 Sale Sale 99 8834 7 8 46 44 554 634 5 534 734 4754 554 634 25 Sale 854 Sale 2734 Sale Sale 11 9 105 9934 10054 103 34 34 Xt Xt 27 54 27 54 24 23 1 134 134 154 17 1534 1534 1454 26 54 634 934 131 104 54 42 834 1334 Apr. 1934 Apr. Apr. 23 18 1 19 1 X Apr. Apr. 16 8 hi Apr. 8534 Apr. 23 4 39 Apr. 2 X Apr. 134 Apr. 18 73 34 Apr. 24 62 65 61 105 34 10534 107 10 1034 1054 41 40 39 34 3834 45 40 54 134 1534 40 104 34 10 * 534 8734 3934 13 54 14 54 35 *32 X64 3834 34 134 7434 134 62 60 60 Sale 1334 2,100 4,800 Grumman 149,500 800 21,200 1,150 60 -25c Aircraft Engineering 211,700 1,400 Guardian Investors common. 1 25 58,500 Gulf Oil Corp..... * 1,930 Gulf Statas Util $6 pref $5.50 preferred * 470 13,700 700 " "5",750 50 5,300 Alabastine..* 5 32,300 Hall (C M) Lamp Co 5 3,100 Haloid Co Hamilton Bridge Co com * Hammermill Paper Co com. .10 6~400 25 275 Hartford Electric Light 1 11,300 Hartford Rayon com vtc 600 Hartman Tobacco com 100 1,900 2,200 1 Corp common Gypsum Lime & // - 6.000 Harvard Brewing Co.5,700 Hat Corp of Am cl B com Haverty Furniture Cos— Conv preferred For footnotes see page 53. * 1 1 * Sale 16 X? X 3834 11234 Sale Sale 109 112 234 5 234 10 X Apr. 38 X Apr. 97 X Apr. Apr. 26 26 67 70 134 154 S Sail* 69 134 34 234 Sale 1134 38 34 70 6734 1 54 Xt i2 Sale 154 8 Sale 734 20 30 Sale 9034 Apr. 734 Apr. 46 Apr. 534 Apr. 634 Apr. 6 Apr. 8 16 54 Apr. 41 Apr. 29 6 Xt Apr. 65 Apr. 17 3 iSj Apr. 2 88 Apr. 48 Apr. 12 1 6 Apr. 3 134 Apr. 8 81 Apr. 14 15 18 9 11 22 9 4 9034 Apr. 18 4 734 Apr. 48 Apr. 11 534 Apr. 22 8 634 Apr. 20 Sale 234 Apr. 10 54 934 Apr. 29 3 3234 Apr. 19 8 1134 Apr. 18 17 105 Apr. 26 27 3 13 Apr. Apr. 70 134 54 134 834 1 Apr. Apr. Apr. 234 Apr. 25 Apr. 34 Apr. 3834 Apr. 113 Apr. 110 Apr. 4 ' 9 2 13 Xt Apr. 26 IX Apr. 16 8 Apr. 1 28 6934 30 Apr. Mar. 27 9 24 1 4 26 30 15 14 18 38 34 Apr. Apr. 2 16 10 26 30 5 9 4 Apr. 30 7034 Apr. 3 154 Apr. 12 Xt Apr. 26 i2 Apr. 834 Apr. Mar. 26 Mar. 12 14 2 25 4 1 78 Jan. 27 134 Jan. 3 11 2 15 8 75 Jan. 4 Jan. 13 23 Jan. 12 11 26 Jan. 35 Mar. 13 7234 Jan. 3 87 19 Feb. 2 15 19 '»4 29 334 Feb. 2 134 Jan. 9 16 Apr. 17 Feb. 50 15 Feb. 1734 Jan. 17 Apr. 1354 Apr. 13 34 Jan. Jan. 29 Apr. 70 Jan. .15 ill34 Apr. Jan. 4 2034 Apr. 3234 Jan. Apr. 19 Jan. Apr. 23 Apr. 18 2734 Feb. 41 Jan. Apr. 8534 Feb. 25 Feb. ■ 17 1554 Mar. 7 1654 Apr. 8 41 Apr. 29 Xt Apr. 6 65 Apr. 17 hi Mar. 11 90 Mar. 8 48 Apr. 12 1 Apr. 6 154 Jan. 3 . 81 Apr. 8 22 10554 Feb. 24 9 1054 Apr. 934 Jan. 23 Mar. 5 41 38 Mar. 23 9754 Apr. 22 10154 Feb. 13 103 34 Jan. 8754 534 4054 454 Jan. Jan. Jan. Jan. 634 Apr 4 24 26 3 8 63-s Feb. 23 34 Jan. 28 8 91 934 11 3234 8 1134 834 Apr. 100 Feb. 20 105 Xt Xt Jan. 17 134 14X 2534 654 834 12834 Feb. Apr. Mar. Mar. Jan. Mar. Apr. 7 4 22 7 Mar. 12 4 734 Apr. Apr. 11 534 Apr. 22 8 634 Apr. 48 15 25 734 Apr. Apr. 834 Apr. 02 Apr. Xt Apr. 25 17 ----- 2734 Sale . Mar. 1 40 54 Apr. 99 54 Apr. 4 Sale Sale 113 69 8 Sale Jan. 5 3 17 1554 Mar. 13 11054 Jan. 23 4 Xt Apr. 1134 if* Jan Mar. Mar. Jan. Jan. 12 38 3 1854 Apr. 34 Apr. 34 34 Xt Xt 35 X Apr. Sale 37 3854 Sale Sale Sale 113 112 11134 Apr. 110 110 110 108 Apr. 108 5 3 3 334 18 54 3634 Mar. 934 1734 2554 1334 1934 3 10434 Apr. 9 10 54 Apr. 22 8 9 Jan. Feb. Apr. 1 8 134 Apr. 134 Apr. 17 6 15 Apr. Apr. 27 Apr. 19 2834 Apr. 27 2834 2834 2 8 Sale Apr. OX Apr. 754 Sale 8 54 Apr. 30 Sale 934 Apr. 854 Sale Sale 132 129 12834 Apr. 17 132 Apr. 1 114 54 Apr. Sale 112 113 54 104 X Apr. 1 40 X Apr. Sale 49 54 Sale 4134 Apr. 2 10 54 Apr. 8 X Apr. 834 934 1034 254 13 1234 Jan. Grocery Stores Prod— Common 5 1234 Jan. 654 Feb. 15 6 1034 Apr. 28 Apr. 9 1534 Mar. 28 Jan. 254 Jan. 3034 Apr. 16 Apr. 2034 Apr. 3934 Apr. Apr. 134 Apr. 30 7134 Mar. 21 72 Mar. 20 70 Mar. 20 70 Mar. 20 26 Jan. 13 11 Jan. 8 Xt Feb. 27 2554 Mar. 4 534 Apr. 6 31 Apr. 4 1154 Sale 1434 1334 13 34 15 54 * McBean & Co 1234 29 24 3 Jan. 154 Jan. 5 2954 Apr. 2 79 Feb. 24 1334 Apr. 15 Apr. 16 ill34 Apr. 20 34 Apr. 4 40 Sale 134 100 Preferred 9 18 2 19 Feb. 3 34 Jan. 14 00X 1 2 18 17 23 67 * * — 10 X Apr. 10 X Apr. 25 X Apr. Jan. 4 Jan. 20 934 34 6734 1334 10534 4 334 Apr. 1 Apr. 16 Apr. 38 '"134 "134 1 6% preferred A 1134 20 Sale 18 19 12 21 5 6 Apr. 2034 Sale Sale 19 54 4 6 73 35 17 86 19 26 ------ pref 1054 9 9 12 9 18 29 30 23 25 934 Mar. 454 Mar. 734 Jan. 2334 Jan. 1054 Jan. 4 25 20 27 Mar. 834 Mar. 20 34 Feb. 29 3 2354 Jan. 4 Apr. 19 2334 Jan. 8 3 5 3 Sale Mar. Apr. Jan. Mar. 25 18 111 34 Apr. 27 1634 Apr. 1934 2 6354 Jan. 5 65 Apr. 22 6034 Jan. 6 62 Apr. 18 15 28 54 16 2 Mar. 23 1 3 1 18 3 19 4 5 6 Xt Apr. Apr. 1534 Apr. 70 1 Mar. 1234 154 1254 34 . 1 Xt Apr. Apr. 29 1 1534 Apr. 06 Sale 8 18 534 Mar. 1134 Apr 634 Apr. 1034 Apr. 28 Apr. 1534 Apr. 7 Apr. 35 Apr. 23 234 11 8 854 Jan. Apr. 6434 Apr. 6 • Jan. 26 9 Mar. Mar. Apr. Apr. 28 Apr. 28 Apr. 434 Apr. 1754 Jan. 4 55 9 Apr. Apr. 10 1 Apr. Apr. 15 13 X Apr. 26 2 634 Apr. 35 Apr. 23 10X 5 34 OX 2634 Sale 234 1654 3 1 23 2434 5534 1034 154 62 Apr. 22 6034 Apr. 30 62 Apr. 18 3 25 Apr. 1 10 Apr. 34 Apr. 17 2434 Apr. 17 4 Apr. 19 28 Apr. 22 65 Sale 34 25 1234 Jan. 1 20 23 15 30 5 13 77 10934 1334 1434 1734 16 Mar. 354 Feb. 16 6834 Apr. 7034 Apr. 6534 Apr. 63 Apr. 25 Apr. 1034 Apr. 34 Apr. 25.34 Apr. 534 Apr. 31 Apr. Sale 1534 Feb. Feb. Jan. Apr. Mar. Mar. 15 8 Apr. 4 73 Apr. 4 6 6434 Apr. 18 X Apr. 4 IX Apr. 29 14 Apr. 13 134 Apr. 4 29 X Apr. 2 22 Sale 1534 Feb. 234 1734 4234 834 34 1534 24 Apr. Apr. Apr. Apr. Jan. Jan. Apr. orp. 68 69 19 3234 23 110 31 234 19 78 26 134 Apr. 22 234 Jan. 18 734 Mar. Mar. Jan. Mar. Mar 10 10 5 3 5 9 18 29 30 23 18 12 54 Xt """54 1434 $3 preferred. -* 825 4,900 Gorham Mfg Co common—10 2,600 Grand Rapids Varnish Corp.-* 8,800 1,075 5,110 7,950 10,400 Sale 134 Pre£- -100 '"300 475 14 * * 1 25 Goodman Mfg Co 300 Gorham Inc class A com 1,700 2634 Sale 10 954 Sale * 2,000 2,000 Sale 15 54 234 4 34 29 1534 634 1734 5 25 27 27 11034 1554 1734 £1 - 112,800 Glen Alden Coal Co 1,850 Godchaux Sugars class A Class B 3,800 $7 preferred 300 6,200 Goklfield Oonsol Mines 600 434 Xt % 6734 6854 1534 Sale 10734 Sale 9634 Sale 17 Sale 100 5% preferred 50 Gladding 2454 Sale Sale 54 Sale 434 35 1 15 1 1 --* 100 preferred 4% conv Xt Sale 25 18 Malting— 300 Gilchrist Co 300 Sale 1154 -* * ' 62 Sale com—1 100 66 54 Sale 11 — -- 700 Gen Water Gas & Elec 160 66 7134 Sale 1234 Apr. 334 Apr. 2434 Apr. 54 Apr. 1034 Apr. 134 Apr. 28 Apr. 28 Apr. 4 34 Apr. 1634 Apr. 22 8534 79 6534 11 Sale com.:—-.1 Airplane. _1 Falstaff Brewing 1 "734 "734 2354 2334 Fanny Farmer Candy com—1 12 1234 Fansteel Metallurgical Corp..* 634 634 Fedders Mfg Co common 5 360 900 Sale 29 Sale" 31 $3 preferred 1,000 3,250 Georgia Power $6 pref $5 preferred... 70 3,400 Gilbert (A C) Co com 10 1 28 10c 1 -1 50 Equity Corp common $3 conv preferred Esquire Inc Eureka Pipe Line. 100 825 15 54 1034 67 2634 1034 200 150 70 64 Equip Co—5 1,000 General Rayon A stock. 7,100 General Shareholdings $6 conv preferred 1,430 General Tire & Rubber—> 700 44,200 1,350 2,300 28 54 84 ■ Apr. 1 834 Apr. 25 2 OX Apr. 1834 234 23 Apr. 26 78 134 Apr. 22 6X Apr. 1 1034 Apr. 254 Apr. 21 Apr. 5134 Apr. 8 34 Apr. % Apr. 16 Apr. 1534 Apr. 3 34 Apr. 16 Apr. 27 X 10734 134 7134 34 134 634 Apr. 24 Apr. 1 2 34 Apr. 60X Apr. 1534 Apr. 1 X Apr. 14 Apr. % Apr. 2834 Apr. 13 134 2934 110 67 X Apr. 154 234 32 34 2934 Apr. Apr. 134 Apr. 73 34 Apr. Sale 26 Emsco Derrick & 860 Gen Outdoor Adv 6 % 1,800 General Pub Serv $6 2,100 50 Sale 85 1 Highest Sale Prices Sale 16 16 14 13 Lowest Sale Prices Sale 634 7034 6134 65 5,800 160 Sale Sale 10 7,900 Gen Investment Co com $6 preferred 650 2,200 434 1534 62 12,600 General Fireproofing com 140 General G & E $6 pref B 100 4 Sale 1334 Sale 76 Sale 434 Sale 1634 16 Name chan ged to Calli 24 ---* 3,600 General Alloys Co General Elec Co of Great Brit American dep receipts £1 1,500 4,700 Sale 25 "'"150 1,100 Sale 69 160 Gamewell Co $6 conv pref Gatineau Power Co com 10 50 Sale 26 400 350 154 27 54 27 54 17 Sale Common 4,000 Partic conv preferred 6,600 43,800 Fruehauf Trailer Co 425 Fuller (Geo A) Co com$3 conv stock 550 800 Sale Sale 10 Froedtert Grain & 1,100 Sale 25 400 Ford of France Am dep rets— 950 Fox (Peter) Brewing Co 100 400 5234 334 234 2834 Sale Xt Sale 2334 Sale 4 34 Sale 2234 24 20,300 6,900 Sale 12X IX 1 19,000 Fidelio Brewery 10 1,160 Sire Assoc of Phila 150,700 Fisk Rubber Corp common.-.1 6% preferred 100 17,570 8,750 Florida Power & Lt $7 pref..* 15,100 Ford Motor of Canada cl A..* Class B voting * 675 Ford Motor Co Ltd— "5",500 Sale 6254 1434 154 Sale "3" Sale 60 Fed Compress & W'house—25 200 Fiat Amer dep rets 10 23 34 754 7154 Sale Sale 33,400 Fairchild Aviation 257,300 Fairchild Engine & 12,500 110,400 1,800 2,000 12,200 1,400 Sale 1534 1534 334 Sale 4 preferred --100 6% preferred 100 1,100 170 634% preferred 100 1,000 Empire Pow Corp part stk---* 240 Sale 11 52 54 a 1734 8% 950 325 834 Sale 334 Sale 18 100 """400 734 834 Elgin National Watch Co---15 Empire Dist Elec 6%pref. .100 1,825 Empire Gas & Fuel 7% pf-100 750 . 34 154 24 . — 7954 54 1 Electrol Inc v t c common- Sale 334 59 — 654 44 pf A-.* Option warrants Electrographic Corp com Sale 1134 Highest Sale Prices L10 Sale 154 34 54 2 1934 5 Electric Bond & Share 74 73 Sale Sale Eisler Electric com 453,000 48,100 12,800 3,300 3,500 1,200 5,642 1,600 123,100 18,600 4,300 234 7734 54 154 154 3234 120 110 Sale Sale 3 X $7 preferred series A * 8,325 $6 preferred series B * 10,775 11,900 Easy Washing Mach class B_* Economy Groc Stores com—* 1,509 350 a 12 10 30,000 Eagle Picher Lead Co * 14,200 Eastern Gas & Fuel Assoc 6% preferred 100 25,900 434% prior preferred 100 16,250 600 Eastern Malleable Iron Co-.25 * 14,000 Eastern States Corp com 9,700 3,700 7,300 3,200 \* Sale X 254 654 4,300 Durham Hosiery cl B com 9,500 Duro-Test Corp common 9,700 Duval Texas Sulphur 28 110 Lowest Ask 54 Ask Bid 30 2934 Bid 31 29 100 950 Duke Power Co.. 300 Ask Sale Prices April 30 April 1 1940 Bid Shares 10 1 Price NEW YORK Shares 900 RANGE SINCE JAN. PRICES IN APRIL SALES 25 Apr. 29 Apr. 19 Apr. 18 Apr. 26 Jan. Feb. 8 28 8 134 Apr. 17 Apr. 27 9 2834 Apr. 8 Apr. 24 1134 Jan. 19 17 135 Jan. 30 Mar. 25 11454 Apr. 26 4954 Apr. 30 40 Jan. 30 1054 Apr. 15 754 Jan. 20 98 234 Apr. 13 1434 Jan. 23 Xt Mar. 12 34 Mar. 1 11134 Apr. 109 Mar. 534 Feb. 1454 Jan. 34 3934 9 11434 2 11134 8 19 27 Mar. 29 69 1 Jan. Apr. 34 Jan. 134 Jan. 6 Jan. 234 Jan. 25 27 13 9 3 13 Apr. 12 16 Jan. 12 4 Jan. 4 Mar. 1 Feb. 14 Apr. 9 18 Feb. 1 3834 7034 134 54 Apr. 30 Apr. 3 Jan. 10 2 Feb. 28 Mar. 28 834 Apr. 5 NEW MAY, 1940] YORK 45 EXCHANGE CURB AGGREGATE Since Jan. 2 Jan. 1 Shares Shares 1940 STOCKS (1Continued) Par Bid 28*4 1,800 Hazeltine Oorp 2 *4 3,500 Hearn Dept Stores common.-5 16*1 5,000 6 % conv preferred-60 6 69,600 Hecla Mining Co 25c 4* 6,700 Helena Rubenstein Inc * 8 3,600 Ol&ss A 8 1,600 Heller (W E) "&"Cocommon.-2 _ 950 13,200 3,000 2,250 200 120 100 670 850 700 2,200 10,150 3,100 3,475 1,100 2,100 1,900 4,400 11,500 2,600 1,200 25 100 550 2,100 2,100 1,075 4,100 200 2,050 39,800 10 40 900 8,400 39,900 51,200 T.ioo "2,106 750 4,050 650 100 100 400 4,100 2,350 12,600 7,300 7% preferred w w --25 7 % pref ex-warrants 25 Hewitt Rubber Corp com—.5 Heyden Chemical Co - -10 Hires (Chas E) Co cap stock- _ 1 Hoe (R) & Co class A 10 Hollinger Consol G M 5 Hoiophane Co Inc common. _* Holt (H) & Co class A part—* Horder's Inc * Hormel (Geo A) & Co com—* Horn (A C) Co common—.—* Horn & Hardart Baking Co— * Horn & Hardart common....* 5% preferred 100 Hubbell (Harvey) Inc 5 Humble Oil & RefiningHummel-Ross Flore Corp 5 Hussman-Ligonier Co. * t Huyler's of Del common...-1 7% preferred stamped—100 7% pref unstamped 100 Hydro-Elec Secur common—* Hygrade Food Prod.. 5 Hygrade Syl vania Corp. ..---* — 17,700 Illinois Iowa Power Co 60,800 5% conv preferred —50 Div arrear ctfs 60,800 * 3,500 Illinois Zinc Co 125 Illuminating Shares Co A—..* Imperial Chem Indus Ltd— Am dep rets ord reg 1,300 £1 44,800 Imperial Oil (Canada) * 8,000 Registered * 6,900 Imperial Tobacco Co of Can..5 3,700 Imp Tob of Gt Brit & lrel._£1 15,100 Indiana Pipe Line 10 1,900 Indiana Serv Corp 6% pref.lOO 17,200 31,000 42,600 1,100 910 500 1,900 2,900 1,850 14,000 5,200 8,200 1,500 1,075 4,850 1,200 2,700 125 22,700 600 5,700 8*1 8*4 12*4 Sale 69*4 "8*4 "9*" 11*4 12*4 29 12*4 13*4 31*4 1*4 Sale 5*4 Sale 11 12 7* 7 2 3 2*4 28*4 2*4 29 3*4 3*4 23*4 Sale 5*4 Sale 59"" 17.800 1,250 519,400 73,700 3,100 12,200 11*4 Sale 12 1,600 6,500 24*4 6 Sale Sale 71 Sale Internat Industries Inc Internat Metal Indus cl A— 1*4 Internat Paper & Pow warr. 2*4 Sale * Registered Internat Products common... * Class B $1.75 preferred 13.50 prior preferred * * it* UH 26 27*4 27*4 12*4 26 11 90 19*4 8*4 20*4 II* 8 10*4 12*4 9*4 10*4 13*4 i!H 8 5 13*4 36*4 28 Apr. 2*4 Apr. Apr. 6*4 Apr. 10 Apr. 10*4 Apr. 9 Apr. 26*4 Apr. 26 Apr. 12 Apr. 78 Apr. 20 Apr. 7*4 Apr. 9*4 Apr. 12*4 Apr. 11 1 20*4 Apr. 7 Apr. 10 14 3 Apr. 12*4 Apr. 16 9 Apr. 26 26*4 Apr. 24 26 8 Apr. 8 13 Apr. 91 8 Apr. 22*4 Apr. 11 10 Apr. 16 6 10*4 Apr. 13*4 Apr. 11 19 3 4 3*4 35 3 Apr. Apr. "36*4 4 Apr. 3*4 Apr. 22 5 117 60*4 4*4 *4 8*4 8*4 1*4 2*4 46 "35*4 35 34*4 34*4 112*4 112 112*4 111*4 18 17*4 18*4 59 61*4 Sale 61*4 4*4 4*4 BH Sale 13 12*4 *4 *4 8 9*4 10 8 10*4 8*4 2 1*4 2*4 Sale 2*4 Sale 2*4 45 Sale 45 43*4 8? 3*4 Sale 5*4 6*4 6" 61 63 5*4 5*4 6*4 10*4 Sale 10*4 Sale 12*4 Sale 24 20*4 Sale 7 17 Sale 5 3*4 26*| 31*4 8*4 Sale Sale Sale 6 61*4 Sale 11*4 19*4 Apr. Apr. 19 Apr. Apr. Apr. Apr. 10 5 16 1 5 9 Apr. 2 Apr. 9 Apr. Apr. 26 *4 Apr. 9*4 Apr. 9 Apr. 2 Apr. 2*4 Apr. 47*4 Apr. 5*4 33 *4 8*4 6*4 19 10 10 16 10 9 Apr. 26 Apr. 24 Apr. 26 4 Apr. 63 h 5*4 8*4 Sale 9 3*4 25*4 5*4 5*4 2 35*4 Apr. 3 111*4 Apr. 9 19*4 Apr. 4 63 Apr. 8*4 Apr. 30 Apr. Apr. Apr. Apr. Apr. Sale 22 Sale Sale iS* Sale 17*4 Sale 110*4 Sale 17*4 111*4 Sale 19*4 8*4 Apr. 9 Apr. 11*4 Apr. 19*4 Apr. 6*4 Apr. 17 Apr. 16*4 Apr. 110*4 Apr . 30 30 30 23 1 Hughest Lowest Sale Prices 29 Apr. 5 3*4 Apr. 10 it* 34 16*4 Sale Sale Prices 9 11*4 Apr. 5 Apr. 1 12*4 Apr. 19*4 Apr. 23 7*4 Apr. 24 11 6 Sale Prices Mar. 19 2*4 Jan. 5 17*4 Jan. 30 6*4 Feb. 15 27 23 4*4 Jan. 8*4 Jan. 8*4 Jan. 26*4 Jan. 26 3 17 11 26 22 Apr. 25 7 Feb. 9 9*4 Mar. 15 12*4 Mar. 18 11*4 Jan. Jan. 67 13 4 Apr. 8 91 Apr. 18 22*4 Apr. 11 10 Apr. 16 __ 12 Jan. 20 14. Jan. 22 9 22 5 3*4 Apr 27 Jan. 120 35*4 Apr. 111*4 Mar. 19*4 Apr. Jan. 68 2 9 9 4 Apr. 30 3 29 Jan. 2*4 22*4 4*4 5*4 60*4 Mar. 23 Mar. ~ Mar. Apr 26 Jan. 4 . 5*4 Jan. 25 8*4 Apr. 30 Apr. 30 11*4 Apr. 30 9 19*4 Apr. 23 5 5*4 Feb. Mar. 19 22 2 8 21*4 Apr. Apr. 30 10*4 Mar. 18 109*4 Mar. 19 3 Apr. 3 Apr. Apr. 24 Apr. 23 Apr. 16 4 Apr. 5 Apr. *4 Mar. 18 *4 Jan. 31 % Jan. 3 1 112 20 Mar. 14*4 Feb. *4 Jan. 13 5 7*4 Jan. 8*4 Jan. 20 2 Apr. 16 3 2*4 Jan. 10 5 Mar. 11 27*4 Jan. 36 *4 Apr. 14*4 Feb. 2954 Jan. 3 Apr. 120 Jan. 33*4 Jan. 110 Feb. 14 Jan. 58 Mar. 4 54 Feb. 1 Apr. 3*4 Apr. 10 21*4 Feb. 21 7*4 Jan. 11 14 3 Apr. 12*4 Apr. 16 27 Mar. 21 20 Sale Prices 29 Jan. 17 *4 Jan. 22 8 10*4 Feb. 10*4 Feb. 10 2*4 Feb. 7 Jan. 29 9 3 47*4 Apr. 5*4 33*4 8*4 7*4 63*4 6 Apr. 26 Apr. 24 Apr. 26 Mar. 6 Mar. 11 Jan. 18 3 Jan. 3 Jan. 3 Jan. Feb. 29 Mar. 18 22 Apr. 6 21*4 Apr. 8 113 Jan. 5 12*4 12*4 13*4 24*4 7*4 / 14 Internat Petroleum com 6*4 11*4 10*4 8*4 88 *4 *4 i* Int Hydro-Elec $3.50 pref—50 "A" stock pur warrants. 1,800 1,700 250 Sale 71*4 21*4 Sale 15,400 300 Sale Sale Insur Co of North Amer 10 Internat Cigar Machinery... _ * 7,500 Internat Safety Razor cl B—* * 5,700 Internat Util class A 5,100 66" Sale 21*4 12 7*4 8*4 28 Sale 78 x!f* 67 2*4 20 20*4 7*4 10*4 12*4 6*4 2 -100 7% preferred Sale 27 *4 77 3 1 Industrial Finance vtc 10K Sale 10*4 Sale 10*4 9*4 26 27*4 26 25*4 12 13*4 35*4 —-1 Class B stock 29 27*4 2*4 2*4 20*4 Sale Ask Highest Lowest April 30 Ask Bid Bid 117 --.1 Non-voting class A 1,100 100 11", 200 29*4 Sale 18*4 6*4 5*4 68 1,450 7% preferred 100 3,010 Ind'polis P & L 6*4 % pf—100 Indian Terr Ilium Oil Co— 750 1,410 459.100 April 1 Ask - 17,000 1,600 2,700 1,300 5,700 1 Price NEW YORK CURB EXCHANGE April 500 700 RANGE SINCE JAN. PRICES IN APRIL SALES In 18 17*4 4*4 1 1 1 1 *4 10*4 11*4 72*4 Sale 22*4 23*4 10*4 Sale 1*4 Sale 18 5 1*4 *4 14*4 73 Sale 21*4 12*4 Sale 15 23 2 1*4 16*4 16*4 4*4 Sale Sale 17*4 Sale Sale 5 Sale a¥/s 14*4 Sale Sale 14 5*4 Sale *4 8& Sai* 18 19 32*4 34*4 1*4 a Sale 8*4 9 1.8 16 31*4 33 sg 15^ .. 13*4 30*4 33 *4 Apr. Apr. *4 Apr. 11 Apr. 71*4 Apr. 21*4 Apr. 10*4 Apr. 1 2 1 3 1 10 16 *4 16*4 12 73*4 23*4 13*4 19 2 2 1*4 Apr. 7*4 Apr. 10 1 1*4 Apr. 14 Apr. 30 14 Apr. 30 4*4 Apr. 24 16 30 1 *4 Apr. *4 Apr. 8 Apr. 2*4 Apr. 8 Apr. 5*4 Apr. 17 Apr. 16*4 Apr. 5*4 Apr. ,,H Apr. 15 Apr. 30*4 Apr. 2 12 3 Apr. 5 Apr. 3 Apr. Apr. 26 Feb. 1 Feb. 20 20 9*4 Mar. 19 *4 16*4 73*4 23*4 15*4 Apr. 24 Apr. 23 Apr. 16 Apr. 4 Jan. 8 1*4 Feb. 28 7*4 Apr. 10 1*4 Mar. 28 14 Apr. 30 14 Apr. 30 4*4 Jan. 19 2*4 12*4 5*4 19*4 19*4 5*4 Apr. 24 Jan. 17 8 *4 Jan. 31 Apr. 18 *4 Apr. 24 14 Feb. 28 1*4 9*4 *4 18*4 9 Jan. 70*4 Mar. Feb. 21 18 8*4 *4 15*4 31*4 23 1 8 5 15 30*4 Mar. 12 37 Apr. 23 7 Feb. 7 Feb. Apr . 30 Apr. 18 Mar. 14 Jan. 6 Jan. 5 Jan. 8 Warrants series of 1940- "3",800 18,300 700 500 ' l",600 2,900 2,300 6,000 900 1 3*4 Sale 37,100 Interstate Home Equip com.. 1 2,900 Interstate Hosiery Mills * 1,775 Interstate Power $7 pref 1 2,900' Investors Royalty Co.. 5,150 Iron Fireman Mfg com vtc..* 9,000 Irving Air Chute common... 4,500 Italian Superpower cl A 7*4 Sale 10*4 12 14", 700 International Vitamin 22,000 Jacobs (FL) Co 4,000 Jeanette Glass Co 1 * 4*4 Sale 2*4 1*4 2*4 1 *4 3*4 3*4 8*4 Sale 12*4 Sale 4*4 4*4 *4 *4 16 *4 Sale 15*4 16*4 % *4 2*4 1H Sale 2 3*4 Sale Sale Sale 10 12 4*4 4 16 *f 16*4 1454 Sale *4 *4 2 *4 1*4 Sale 1*4 3*4 8*4 11*4 3*4 Apr. 12 1 Apr. Apr. 30 Apr. 19 3*4 Apr. 15 10*4 Apr. 27 6 12*4 Apr. 4*4 Apr. 29 3 Jan. 9 7*4 10*4 3*4 *4 Jan. 9 Feb. 1 Mar. 13 Mar. 11 2 16 Jan. 9 14*4 Apr. 30 18 Apr. 10 16 Apr. 22 14*4 Apr. 30 *4 Apr. 10 17 Apr. 16*4 Apr. % Apr. 4 9 2*4 Apr. 1*4 Apr. 24 Apr. Apr. 5 1 17 2*4 Feb. 14 1*4 Jan. 19 3*4 Mar. 7 10*4 Apr. 27 13*4 Mar. 20 5*4 Jan. 3 *4 Jan. 26 17*4 Mar. 8 17*4 Feb. 9 'A, Jan. 20 Jan. 3 2*4 Feb. 27 3 Jersey Central Pow & Lt Co— 350 840 280 12,400 5*4% preferred 6% preferred 1,750 7% preferred 1,190 31,600 Jones Sc.Laughlin com 100 Julian & Kokenge com 100 100 100 1,325 100 .100 130 Kansas G & E 7% pref Keith (Geo E) Co 7% pref.lOO 1,100 600 500 70 60 3.700 "8", ioo Kennedy's Inc 5 9,200 KIrby Petroleum 2,300 Kirkland Lake G M Ltd 600 Klein (D Emil) Co common..* .10 300 Kleinert (I B) Rubber 1 2,500 Knott Corp common 600 300 "~s66 Kobacker Stores Inc 1,185 55 100 3,000 4,900 * com. Koppers Co— 6% preferred .100 Kresge Dept Stores— 4% conv 1st preferred... 100 80 1,700 Kress (S H) & Co spec pref.. 10 1 9,100 Kreuger Brewing Co. 350 40 89*4 94 108 35 Sale 116*4 120 20 6*4 454 24 6) 51 1,450 Ken Rad Tube & Lamp cl A. Key Co common....... * Sale 100 111 20 Kimberly-Clark 6% pref .1 *6 % 1,600 Kingsbury Breweries com Kings County Lighting— 7 % preferred series B 83 92 100 300 62 68 5% preferred series D 100 280 1 1*4 Sale 11,400 Kingston Products. 3,500 6,800 87 104"" Sale" 100 380 Lackawanna RR N J 1 42,400 Lake Shore Mines Ltd 24,800 Lakey Foundry & Machine.. 1 100 20 Lane Bryant 7 % pref "2",200 5,500 Lane Wells Co common 1 ?a 10^ ?a sill4 654 7*4 7 12 300 Class A Class B.. 100 600 Lefcourt Realty com ""300 300 400 13,600 6,400 1,600 3,250 57,600 26,600 4,700 8,150 "*"300 1,900 1 Convertible preferred Lehigh Coal & Nav Leonard Oil Development Le Tourneau (R G) Inc Line Material Co - 600 Lipton (Thos J) class A 6% preferred 2,350 5,200 Lit Brothers com * 25 1 ... Lobiaw Groceterias class A... Class B— For footnotes see page 53. 12 5 111 9 12 108*4 Apr. 19 33*4 Apr. 5 Sale 6*4 Apr. 5 18 Apr. 27 14*4 10 6*4 6H 15 11*4 Sale 12 67 1*4 c VA *4 Sale 15 13*4 10 11*4 7*4 9 9*4 17 Apr. 94 Apr. 1*4 2*4 *4 14*4 Apr. Apr. Apr. Apr. 72*4 1*4 2*4 % 6*4 Apr. 88*4 40*4 19 88*4 89*4 88 65 80 73 12*4 6*4 12*4 5*4 12*4 6 42*4 40 43 Sale 4*4 Sale 17*4 Sale 3*4 4*4 15 1 Apr. 3 Apr. 12*4 Apr. 15 10 18 5*4 Apr. 41*4 Apr. 19 17*4 Apr. 25 4 Apr. 19 % T 14*4 15*4 13*4 5*4 15*4 15*4 Apr. 8 % Apr. 5*4 Apr . 19 2 Apr. 19 6 7 *4 Sale 8 5 Jan. 4 7*4 Mar. 19 6*4 Apr. 6 *4 Mar. 19 112*4 Jan. 31 % Mar. 7 3*4 Mar. H 6 "2*4 Sale" *4 Sale 1*4 1*4 Apr. 1*4 Apr. 26 95 Jan. Mar. Jan. Mar. Jan. 12 16 15 8 26 73*4 Mar. 30 Jan. 6*4 Mar. 27 85 Jan. 5 55 Feb. 10 11*4 Jan. 23 41*4 Apr 24 19 Apr. 1 4*4 Apr. 1 41 . 2 Mar. 11 Jan. 10 15 5 3 2*4 Jan. 9 1*4 Jan. 8 15 Apr. 11 10*4 Jan. 8 8*4 Apr. 4 89*4 Apr. 29 75 Feb. 14 Apr. 5 12*4 Apr. 10 36*4 Apr. 8 Jan. 5 24 43*4 Mar. 11 17*4 3*4 z71 5 9*4 Mar. 14 Feb. 16 Jan. 12 Jan. 15 25*1 15*4 Apr. 8 15*4 6*4 *4 5*4 Apr. 8 Mar. 16 Apr. 10 Apr. 19 Apr. 19 16*4 Feb. 6*4 Mar. *4 Feb. 6*4 Apr. 21 1*4 Jan. 67*4 1*4 2*4 *4 13*4 5 10 8 Apr. 12*4 Apr; 6*4 Apr. 20 20 22 89 89*4 Apr. 29 21 11*4 Jan. 75 11*4 10*4 Sale 16*4 19 1*4 4 3 Apr. 31*4 Apr. 23 1 10*4 Apr. 32 Sale 8*4 Apr. Apr. 10 6*4 Apr. 24 2*4 Apr. 26 1 K Apr. 34*| Apr. 4 12*4 Apr. 6 7 2*4 Sale *4 Sale 31 33 3 Apr. 3 Apr. Apr. 16 Apr. 24 Apr. 15 Apr. 11 7. *4 20 "Ii*4 27*4 Mar. 12*4 Apr. 10*4 Apr. "i*4 8 19 120*4 Mar. 10 94 12*4 10*4 25 95*4 Apr. 2 19 101 Apr. 30 9 109 Mar. 27 Jan. 3 25*4 Mar. 18 36 Apr. 29 71 98 72 Sale 12 35*4 Feb. x6 7*4 Apr. 6*4 Apr. Apr. 29 75 12*4 5*4 *4 Sale Jan. 111 10*4 34*4 Jan. 95 27*4 Mar. 9*4 2*4 Sale 9 88 103 116*4 Jan. 6*4 Sale 92 94 73*4 1*4 Sale 2*4 3*4 *4 1 7 2 118 22 10*4 6* 2 95*4 Apr. Apr. 30 10 101 8 91 12*4 28*4 Apr. 114*4 112*4 114*4 *4 Sale *4 "* 71 11^ ..5 1 25 29*4 93 Apr. 98*4 Apr. Apr. 107 29*4 22 7*4 Sale 4*4 5*4 88 9*4 28*4 26 15 '52 Sale Sale 94 117 60 4 96 Sale 108 124 86 23*4 Sale 101 118 84*4 * — 109 29*4 Sale 26 29*4 47*4 Langendorf United Bakeries— 100 95 99*4 Sale Apr. 1*4 Apr. 8 6 2 *4 Jan. 31*4 9*4 10*4 18*4 1 18 Feb. 5 Jan. 18 Jan. 16 Jan. 16 Feb. 5 Jan. 3 4*4 Mar. 25 80 Jan. 12*4 Apr. 3 15 5 21 16 23 24 Mar. 12 *4 Jan. 35*4 Jan. 12 n 12*4 Apr. 16*4 Mar. 22*4 Mar. 1*4 Apr. 9 new 4<> york curb exchange AGGREGATE SALES PRICES new 1940 Jan. 1 Shares 3,000 48,400 52,900 4,200 12,650 8,600 63,200 130 4,000 April 1 Ask Par Bid 13 13 % Locke Steel Chain Co 5 10% Sale Lone Star Gas .* 1% Sale Loner Island Light common. .** 44 Sale 7% preferred series A—100 38% Sale 6% preferred series B 100 1% Loudon Packing Co com 1% * 5% Louisiana Land & Expl com-.l 5% 103 Louisiana P & L $6 pref * 101 25 26% Lynch Corp com 5 STOCKS (Continued) 44,800 JMajestlc Radio & Tel Oorp-.l 13,400 Manati Sugar opt warr 1 1,400 Mangel Stores Corp com $5 conv preferred * 150 50 Manischewitz (The B) Co—„* * 1,000 Mapes Cons Mfg Co Marconi Internat Marine— Communication Am' dep ret. 315 Margay Oil Corp * * 5,200 Marion Steam Shovel com 1 1,100 Mass Util Associates v t c 6,100 Massey Harris Co common—* 1 12,500 Master Electric Co May Hosiery Mills— $4 preferred --* 1,600 McCord Radiator & Mfg B__* 16,800 McWilliams Dredging com...* 2,730 Mead Johnson & Co com....* .. 5 6,500 Memphis Nat Gas com 1,250 Mercantile Stores Co * 1 3,300 Merchants & Mfrs class A Participating preferred * 525 * 7,700 Merritt Chapman & Scott 6%% A preferred 100 350 Common stock.pur warr'ts... 1,100 1 24,000 Mesabi Iron 25c 5,000 Metal Textile Corp com Participating preferred 15 40 Metropolitan Edison Co— $6 preferred* 240 14,900 Michigan Bumper Corp..... .1 2.50 1,800 Mich Steel Tube Prod .* 10,300 Michigan Sugar common Preferred 10 2,500 Middle States Petroleum— f Class A v t c new.. 1 9.200 Class B v t c new.. -1 12,400 Middle West Corp common..5 37,900 Midland Oil Corp— — 31 38 Sale 10 26% 26% 7 5 15% 2% 2% 4% 22 18% Sale 2% 5 23% 1% 2% 8% Sale 162% 165% 4% 4% 16% 17% 3% 3% Sale 67 2% 42 103% 105% Sale 6% 8 4* 5H $q y, Sale 8 Molybdenum Corp.--.. 1 Co com.* 5% 27 Monogram Pictures com. 1 Monroe Loan Society cl A—-1 Ji Utilities...10 6% 600 Montana Dakota 100 Mtge Bank of Col Am Shs..__ 101,700 Mountain City Copper Co..5c 15,800 Mountain Producers Corp—10 Mountain States Pow com—— 7,200 100 300 Mountain Sts Tel & Tel - —* 5,000 Murray Ohio Mfg Co 2.50 4,450 Muskegon Piston Ring — * 1,250 Muskogee Co common 1,900 Nachman Springfilled Corp..* Nat Automative Fibres com.-l 56,100 71,200 1,500 1,100 7,800 1,400 59,900 68,700 900 10,600 17,375 900 32,400 3,175 10,800 2,800 22,700 12,900 6,700 2,300 1 National Breweries common..* National Candy Co com...—* National City Lines com——-1 $3 conv preferred 50 National Container (Del) 1 National Fuel Gas... * Nat Manufacture & Stores—* National Oil Products.. 4 National Power & Light— $6 preferred * National Refining com. * Nat Rubber Mach com * National Steel Car Ltd * National Sugar Refg —-* Nat Bellas Hess com o% 3 7% 12-50 National Tunnel & Mines * National Union Radio com—1 National Transit Navarro Oil Co. — Nehi .100 * Corp common New common — 24"" 26 % Sale 27% % * Corp 5 "moo 1,000 Neptune Meter class A...—* Sale Sale 10% 15% 8% % 16% 46% 10 Sale % Sale 46% Sale 43 Sdle 3% 44% 94% Sale 12% 3 ~~4% ~~5% 52 56 10% Sale "9% Sale" 1% Sale % % 12% Sale 114% 117 67 69 100 50 6% 5 6 % 1 3% cum-4% non-cum—100 6% preferred $2 preferred.. 125 New Engl Tel & Tel Co 1,440 New Haven Clock Co com 5,500 New Idea Inc common 10,200 New Jersey Zinc 16,350 5,700 300 2,600 100 5,400 * * 25 New Mexico & Ariz Land 1 New Process Co common * N Y Auction Co common * N Y City Omnibus warrants— N Y & Hond Rosario M....10 For footnotes see page 100 * 100 53. Sale 2 % Sale 1% 1% 1% 1% 38% 40% 14 10 % 29% 4% 6% 16% 17 3% 3% 2% 2% 4% 4% 31% Sale 54% 1% 7% 170% 4% 16 3% Sale 3% 62% 3 39% 24 124 5% 12% 27% 124% 7 12% 62% Sale 1% 1% 35 29 1% 2% 18 15% 26% 24% % Apr. % Apr. 1% Apr. 39 Apr. 4 64% Sale 3% 40 13% 10% 1 % 44% 41% 2% 6% 26 5 106% 9 29% 4 9 26 22 30 2 4 8 15 4% 29 28% Apr. 25 3% 2% 3% 40 6% 16% Sale 2% Sale 15% 3% 2% 3% Sale 15 3% 27 • 31 Sale 28% 3% 67% % % 3% 62% % % 2% 37 3% 9 Apr. Apr. 16 6 Apr. Apr. 25 3 Apr. 6 3% % 8% 5% 6 Sale 6 18% 2 95 Apr. 2 % Apr. 2% Apr. 29 Apr. 21 Apr. 6% Apr. % Apr. 4% Apr. 18 2 . Sale 100 7 21% 28% %e 7% 32% Sale 2% 8 Sale 22% 29 % o 90 5% Sale 12% 10% 9% % 26% 11% 15% 45% 9% 12% 3% 42% Sale 141 12% 16% 8% 77% 11% Sale Sale 27% 12 16 46% 10 Sale Sale 43% 93% 3% Sale 6 44 9% 8% 11% *8 Sale 10 5% Sale 8% Sale 40% % 1% 7% 169 sale* 21 22 28% 29% 4% 4 6% 19% 141% 11% 15% 7% 74 10% 10% 4 12 3% Apr. 30 2 % Apr. 8 Apr. 27 6 Apr. 4 66 23 7% Apr. 168 21% 28% % % 11% Sale 5 6ff 6 6% 1 11% Apr. 9% Apr. 11 %> Apr. 26 24 Apr. 29 16 Sale Sale Apr. Apr. 3 9% Apr. 2 45 42 Sale 40 93 Apr. 1 3% Apr. 2 3 94% 3% 95% aV/s Sale 5 43% 10% 46% 10% Sale 8 11% 1% ^ 11 % Sale Sale 5 44 10 84% 4% 6% % 1% 12 10 K 72 5% 34 2% 13 21 5 6% 26 11% Sale Apr. 30 1 Apr. 2 Apr. 7% Apr. 11 Apr. 10 1% Apr. 18 4 % Apr. 11 65 "13"" Sale" 11% 15 2 Apr. 17 Apr. 26 9 Apr. 71 59% 1% Apr. 18 Apr. 6 Apr. 4 Apr. 1 Apr. 22 3 13 5 Apr. 2 Apr. Apr. 19 Apr. 30 4% Apr. 5% Apr. % Apr. 1%-Apr. 30% Apr. 11 67 25 23% 131% 132% 130 6 5 7% Sale Sale 15 14% 14% Sale Sale 67 59% 1% 1% 1% 3% 16% Sale 36 3%. 13 21 Jan. 5 4 1% Apr. 22 1% Apr. 8 2 35 Feb. 39 Mar. 21 Jan. 2 10 Jan. 25% Jan. 20 29 Feb. Feb. 10 17 2 % Jan. 2 15 3% Apr. 10 63 5 6 Apr. Apr. 1% Apr. 6% Apr. 6 9 15 15 5 8 Apr. 4 4 26 10 10 2 Apr. 9 5% Apr. 9% Apr. 4 15 70 Jan. 15 % Feb. 6 % Mar. 15 2% Jan. 4 38 Apr, 24 %. 5% % 4% Feb. 4% Mar. 4 Feb. 20 Jan. 4 Apr. 4 Jan. 4 Apr. 22 Jan. 4 4 30% Jan. 10 4% Mar. 14 67 Jan. 2 % Mar. 7 % Jan. 8 3% Feb. 17 42% Jan. 5 29 108% Jan. Feb. 28 Mar. 2 Mar. 29 Feb. 21 3% Feb. 20 % Mar. 20 7% Mar. 20 4% Apr. % Apr. 9% Apr. 6 16 Mar. 18 3% Apr. 16 2 24 Apr. 2 4% Feb. 29 2% Jan. 20 5 Jan. 3 42 Apr. 29 1% Apr. 9 2% 7% Apr. 3 9% 152% Jan. 29 170% 4% Mar. 20 4% 15 Feb. 29 18% 25 % Apr. 3% Apr. 40 Apr. 29 2% Jan. 20 3% Apr. 25 21% Jan. 16 1 3 10 5 % Jan. 9 Apr. 1% Apr. 15 6% Apr. 15 8 4% Jan. % Jan. 9% Jan 10 8 11 Jan. 17 6 19 Apr. 4 105 Jan. 24 114% Jan. 2 2% Apr. 10 1% Jan. 23 8% Apr. 10 7% Feb. 26 17% Jan. 9 23 11 % Mar. 15 57% Jan. 11 1 Feb. 2 70 Apr. 9 11 Jan. Jan. 23 116% Mar. 26 117% Feb. 20 5% Apr. 4 4% Jan. 15 11% Jan. 2 8% Mar. 27 9% Apr. 18 Apr. 16 Apr. 1 Apr. 22 7% Apr. 5 1 169% Apr. 23 Apr. 12 Apr. 29 Apr. 9 % Apr. 17 4?* 41 1 2§ 11% 11% % 28% Apr. Apr. Apr. Apr. 13 4 15 19 19 Apr. 24 Apr. 11 17% 47% 13% 12% 3% 43 40 3% 16% 23 Apr. 2% Jan. 7% Apr. 18 16 10 4 5 171 Jan. 13 26 Jan. 24 Jan. 29 30 %. Feb. 20 % Apr. 17 Jan. 15 Feb. 21 Apr. Apr. 17 4 Feb. 15 Apr. Mar. 9 Feb. 13 Jan. 29 Jan. 24 Apr. 29 Apr. 3 6 3% Apr. 6 Apr. 1 5 50% Apr. 11% Apr. 18 8% Apr. 2 12% Apr. 15 Apr. 1 Apr. 11 Apr. 5 117% Apr. 25 69% Apr. 3 2 14% Apr. ;b 5% Apr. 10 Apr. 25 % Apr. 15 1% Apr. 19 30% Apr. 19 7 11% Apr. Apr. 72 19 Feb. Apr. Apr. Apr. Apr. Apr. Apr. 16 Jan. 20 Mar. 18 Jan. 11 Feb. 20 Apr. 9 29 11% Jan. 11% Apr. % Apr. 3 15 3 31 Jan. 25 11% 17% 47% 13% 13% 3% Feb. 27 Apr. 22 44 Jan. Apr. 30 Apr. 25 Jan. 25 8 Feb. 3 Mar. 97% Jan. 2% Jan. 3% Jan. 44 Apr. 9% Mar. 5% Jan. 8% Jan. 1% Jan. % Mar. 3% Apr. 6 6% Feb. 54% Jan. 11% Feb. 13 88 11 Mar. Feb. 6 4 20 8% Mar. 6 12% Apr. 15 1% Feb. % Jan. 2 23 8 12% Jan. 117% Apr. 25 115 60 Jan. 70 13 Apr. 14% Mar. 21 4% 5% % 1% 30% Apr. 13 6 Mar. 9 Jan. 5 Jan. 19 Apr. 19 7 Apr. 25 1 Jan. 26 1% Apr. 30% Apr. 19 19 11 Apr. Feb. 13% Jan. 76% Jan. 25% Jan. Apr. Apr. Apr. Apr. 12 65 22 29 2 30 Jan. 8 24% Feb. 1 136% Apr. 22 Apr. Apr. 19 7% Apr. 29 2 Apr. 19 15% Apr. 1 67 Apr. 30 Apr. 4 Apr. 4 Apr. 3 36 Apr. 3 Apr. 3 Apr. 25 Apr. 10 15 Apr. 25 Apr. 25 Apr. 2 20% Apr. 11 22 6 29 81% Jan. Feb. 3 15 3 5 96 si* if4 Apr. Jan. 4% 4% 6% 21% 141% 13% 24% Sale 36 8 Feb. 4 4% Apr. Apr. 2 6% Apr. Apr. Apr. 19 21% Apr. Apr. 16 140% Apr. Apr. 16 13% Apr. 16% Apr. Apr. 18 8% Apr. Apr. 22 77% Apr. Apr. 11 12 25 22% 4 3 Apr. Apr. 23 Apr. 16 9 Apr. Apr. 17 Sale 35 130 % Mar. 1% Jan. Feb. 69% Sale 2 19 11 10% 11% 10% 11% 119 117 117 114% 117 68 Apr. 12 , Apr. 2 4% Apr. 20 2% Apr. 6 4% Apr. 9 42 Apr. 29 Apr. 112 Apr. 2% Apr. 8% Apr. 11 Apr. 3 6% Apr. 2 31% Apr. % Apr. 15 2 Apr. 25 3% Sale 5% Sale 17% 142% 140% 12 12% 16% 15% 7% nVA 77 77 25% 10% 16% 47% 13% Sale 29 17 19 5% Apr. 20 8% Apr. 30 Sale Sale Sale 8 ilg 120 40 8% Sale \K 5% 8% Sale 3% c, Sale 13% Mar. 98% 117 Sale 15% 8% Sale 8 69# 5% 4 Apr- 3% Apr. Apr. 4 Apr. 64% Apr. 18% 18% 18% Apr. Sale Apr. 111% 112% 105 2 Sale Apr. 2% 2% 8 7% 7% 7% Apr. 11 n% Apr. 10% 11% 116% 120 5% 9% Sale 31% % 2% 7% % „ 4 Jan. 23 10% Jan. 3 Feb. 24 1% Jan. 4 Mar. 5 48% Jan. 20 Mar. 44% Jan. 20 1% Jan. 2% Mar. 15 O Feb. 6% Apr. 8 103 Jan. 106% Apr. 8 24% Jan. 18 29% Apr. 2 Apr. 28 Apr. 3% Apr. 64 29 8% 170% 4% 18% 20 ilH 66$ Apr. 104 % 8% 1% 3% 3% % % 8% Sale 106 12 % Apr. 2 1% Apr. 22 1 % Apr. 8 39 Apr. 15 2 Apr. Apr. Apr. Apr. Apr. 3% Apr. 27 38 42 103% 104% 107 % 7 6% 7 1 % % 5 4% 4% „ Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 10 54% 60 60 1% 2 1% 2 7% Sale 7% 7% 162 167 169 Sale 4% 4% 4% Sale 18 17% 19% 16% 3% is 28% 30% Apr. Apr. Apr. APrApr. Apr. Apr. 14 2% 72% Sale 40% 38% 2 4?* 28% 825 New England Pow Assn com 6,055 12% Apr. 9% Apr. Sale 42 38% # 39 10 14 5% Highest Sale Prices 5% Sale 5% 104% 109% 106 28% 29% 27 27% % 76 Sale 11 Lowest Sale Prices Sale 28% 19 10 15 Highest Sale Prices 106 140 Nestle Le Mur Co class A.. ._* Nevada Calif Elec com 100 1,300 5% 104 13% Sale 41 Sale 4% 4% 5% * 1st preferred Nelson (Herman) 44 Sale 169 National Tea Co 5 Mi % 140 Nebraska Power 7% pref. 14,000 12,900 2% Sale 28 100 6% preferred.. 110 Sale Ask y - 2,850 Montgomery Ward & Co A—* * 8,050 Montreal Lt Ht & Pow com 750 Moody's Investors par tic pref.* JMoore (Tom) Distillery Co._l 1,800 New common stamped 1 200 13% 10% 1% Sale 42 """% "'% 2% 37% Sale 40 2 28 T nm Monarch Mach Tool 13% 9% 1% Lowest Sale Prices April 30 Ask Bid Bid 7Xt Sale % Sale 1% 2 4% 5% $2 conv pref * 1,250 Midland Steel Products— $2 non-cum div shares * 17% 18% 2,000 114% Sale 1,725 Mid vale Co 50c 1 1% 7,200 Mid-West Abrasive Co ...-.10 7% Sale 9,300 Midwest Oil Co 200 Midwest Piping & Supply Co * 1,300 Mining Corp or Can.--58 Sale 10,100 Minnesota Min & Mfg Co_.-_* Minnesota P & L 7% pref -100 91 94% Miss River Power 6% pref. 100 4 4% 6,000 Missouri Pub Serv common. * 11 Sale 18,900 Mock Judson Voehringer. .2.50 130,200 9,400 6,200 1,800 1 Jan. 2 curb exchange Since RANGE SINCE JAN. IN APRIL Price york 124% Jan 5 12 Mar. Jan. 59% Apr. 1 Feb. 33 Feb. Feb. 2 15 Apr. 20% Apr. llh si* it* Feb. Jan. 5 4 11 3 Apr. 3 Apr. 25 Apr. 25 28% Jan. 25 NEW May5 1940] YORK CURB 47 EXCHANGE AGGREGATE PRICES IN APRIL SALES CURB Jan. 2 Par (iContinued) 6,100 n y Merchandise Co com,-10 1.330 n y Pr & Lt .16 pref * 2,100 7% preferred 100 n y Shipbuilding co— 29,700 Founders shares. -1 n y State Elec & Gas Corp—270 100 534 preferred 5,000 New York Transit -5 2,790 n y Water Serv 6% pref.-.100 245,400 Niagara Hud pow corn -10 7,450 5% 1st. pref. j 100 830 5% 2d pref.. 100 14,100 Class a warrants 2,000 ClassB warrants. 6,400 Niagara Share — 350 Clas9 a Corp class b..5 preferred 100 13,600 Niles Bement-Pond * 1 com 400 Nineteen Hundred Corp b 8,500 Nupissine Mines 5 5,400 Noma Elec Corp com 1 130,800 Nor Amer Lt & Pow com..—1 14,700 8,600 3,710 1,944 1,200 1,300 3,000 8 34 Sale Class b common — - 1134 13 "Ex "lX 2154 Sale 554 Sale 86 x Sale "1 5K 5% "67 Sale" 1 9X IX 454 x 854 454 84 Sale * * 26 27 2554 27 49 50 50 6% prior preferred * 5 Nor Amer Util Sec com Nort h Cent Texas Oil * * common 31,700 Pacific g & e 6% 1st pref. 3,900 5 34 %_ 1st preferred - * 100 * $1.30 1st preferred Page-Hersey Tubes com Pan tepee .25 25 725 Pacific Lighting 15 pref 460 Pacific p & l 7% pref 900 Pacific Public Service com — * 1 % 254 X 334 American shares 300 Paramount Motors 100 Sale 6X 7X 14 % Sale 1634 18X 3534 3634 107 9834 834 19X 47 Sale 98x 9X 19X Sale 11334 115 IX IX "7X "9" 2X 334 700 Penn Traffic Co.. ..2.50 113,100 Pennroad Corp com 167,800 Pa Cent Airlines com 225 Pa Edison Co $2.80 prei 75 $5 preferred. 1,110 Pa Gas & Elec class a... 1534 934 854 834 854 Aprl 25 9 9 9 9 7 54 Jan. 10434 Jan. 11434 Jan. 2354 Apr. 22 1254 Feb. Apr. Apr. Apr. 22 Sale Sale 1534 Apr. 1 20 9034 6 21X 934 Sale 4254 11X ~44~X 34 Sale ...__ 12 _____ 710 Pa Pow & Lt 16 pret 2X 2X * * 1 2 Sale 1 12 Sale Sale 10834 100 Jan. 114 7 34 Sale 116 10654 Jan. 654 Jan. 13 Circle 8 34 Sale 2034 3534 9 10834 Apr. 25 Sale 10434 Apr. 11734 113 Apr. 16 116 Apr. 24 8 834 Apr. 934 934 Apr. 18 14 Sale 4 1254 Apr. 19 15 Apr. 1854 20 1954 Apr. 27 21 Apr. 15 2 3534 3534 34 Apr. 3534 Apr. 26 834 3 24 6 Apr. Apr. 4 Apr. 27 11034 Apr. 2 107 5 Apr. Apr. 6 115 34 Apr. 20 Apr. Apr. 10 115 34 Apr. 2 8 10854 Apr. 1 Apr. 5 734 Apr. 16 854 Apr. Sale 19 3 Apr. 22 2134 Apr. 9 48X Apr. 50 4954 Apr. 22 Sale 11434 Apr. 30 11634 Apr. 5 Sale 3 254 Apr. 4 Apr. 18 534 8 8 834 Apr. 17 Apr. 17 2 234 Apr. 3 334 Apr. 24 22 2154 108 109 11034 Sale Sale 106 10434 105, 11454 11534 11454 11534 li7 115 115 11634 Sale 108 10854 Sale 8 934 754 834 i Sale 21 19 48 X 4934 Sale 11534 11634 11434 234 Sale 354 3 4 434 8 834 934 334 234 234 534 21 14 34 Sale 3134 15 16 2134 10934 10434 11454 11434 10734 14 3234 3254 Sale 2934 2954 a:2934 10754 Sale 10654 87 9254 8634 8854 534 Sale 534 534 22 1954 21 * 100 * _ _ _ 100 Pines Winterfront Co Sale 434 354 4 9 54 Sale 49 1434 35 3234 1 1134 834 234 134 1754 Sale Sale m 13 3 24 4734 15 3654 3234 34 234 Sale 2 Sale Sale 30 4834 1534 Sale Sale 134 3 Sale 39 154 1934 Sale 3834 3934 66 65 Sale Sale 110 66 2 154 10954 Sale 11234 Sale 112 Sale 16734 Sale 170 17234 179 17934 1634 1534 1534 Sale 6734 Sale Sale 7834 u* 2834 29 27 14 "6754 Sale' 89 26 X 8 734 91x 29 Sale 8 350 Pitts Bessemer & l e rr 1 Pitts & Lake Erie rr..; 50 Pitts Metallurgical Co-_---10 Pittsburgh Plate Glass com-.25 4,100 Pleasant Valley Wine Co .1 5,500 Plough Inc common 7.50 325 Pneumatic Scale Corp Ltd 10 10,000 Polaris Mining Co 25c 13,800 Potrero Sugar com 5 .5 5,700 Powdrell & Alexander com 200 Power Corp of Can com ._.* 60 6% 1st preferred -.100 ._* 5,000 Pratt & Lambert 19,900 Premier Gold Mining * com 8,900 Pressed Metals of Amer 20,000 Producers Corp 4,800 Prosperity Co b common 1 _.25c * com Sale ix Sale 7x Sale "U54 "12"" 56 1034 10034 134 934 Sale Sale 154 1034 X Sale 434 4X 754 834 21 22 134 "Sale 40 934 454 834 6 * 93 Public Service of Clorado 6% 1st preferred 100 190 7% 1st preferred 100 15,325 Pub Serv of Ind $7 prior pfd..* 16 preferred * 15,675 Sale "i'X "134 * 90 42 Sale Sale 854 654 9734 10654 109 11034 115 9054 Sale 50 Sale Public Service of Oklahoma— 6% prior lien pref 100 7% prior lien pref. 100 Puget Sound p & l $6 pref...* $5 prior preferred * Puget Sound Pulp 8c Timb...* Pyle^-National Co com 5 Pyrene Mfg 10 754 734 Sale Sale 119 - Apr. Apr. Apr. Apr. Apr. Apr. 31 Sale 6 10334 10434 110 2434 Sale Sale 7854 Sale 1254 Sale ~634 ""634 1534 4634 Sale Sale Sale 34 34 134 834 4134 1054 Sale 56 Sale 1134 10134 134 10 1154 34 Sale Sale 4334 Sale Sale 154 1054 1254 1 434 334 8 7 1 4* 934 834 100 Sale Sale 4254 934 34 434 954 9 105 10654 109 113 97 34 5234 134 Apr. 1754 Apr. Apr. 64 Apr. 154 Apr. 109 Apr. 11134 Apr. 171 Apr. 1434 Apr. 6654 Apr. 7734 Apr. 2734 Apr. 38 £8 u34 1 54 834 1434 3434 3134 54 Sale 654 Apr. 734 Apr. 834 11654 11434 Apr. 3034 Apr. 3034 3134 6 554 Apr. 554 Sale 13 1254 Apr. 4134 Apr. 4134 Sale 12 Apr. 1454 Sale 346 54® 154 Apr. 154 154 x8 Sale 754 Apr. 42 4354 1054 Apr. 1334 Sale Sale 56 5434 Apr. 1134 Apr. 1234 Sale 10134 Apr. 10234 103 134 Apr. 154 934 Apr. 934 1234 1 54 Apr. 7 40 47 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 654 734 4 2234 434 354 1134 834 3034 115 12 36 * 600 Providence Gas Co 78 26 3034 554 6 634 Sale 50 Pittsburgh Forgings Co 6834 117 A 34,900 Pioneer Gold Mines Ltd .1 14,400 Pitney Bowes Postage Meter.* 25,700 Prudential Investors $6 preferred 3,550 454 1254 8 34 3034 47 34 1454 3434 3134 54 ill"" Sale" 50 com 300 Prentice-Hall Inc 234 20 _ 1934 6434 22,200 Pharls Tire & Rubber Co 1 8,600 Philadelphia Co com 150 Phila Elec $5 dlv preferred * 1,275 Phila el Pow 8% pref 25 6,600 Phillips Packing Co * 1 664,400 Phoenix Securities, common. 48,600 $3 conv preferred a.. .10 * 4,500 Pierce Governor Co com For footnotes see page 53. 1454 34 38 IX 2,725 $7 preferred 1,895 Pennsylvania Salt Mfg 750 Pennsylvania Sugar Co 10,650 Pa Water & Power 1,875 Pep per ell Mfg Co 400 Perfect 2354 Apr. 22 6 105 91 34 534 934 Mar. 11 22 Jan. 19 29 109 30 11834 Jan. 6 7 2 89 ... 1,800 Sale Prices 3 107 3 107 10334 10454 107 10734 10334 Apr. Apr. 25 10334 Apr. 4 634 634 Apr. 634 734 754 754 Apr. 16 534 Jan. 13 26 2 5 26 29 2654 2634 2554 Apr. 17 2834 Apr. 21 54 Jan. Sale 5 6 2 1 6 534 Sale Apr. 19 634 Apr. 434 Feb. 88 89 92 3 9134 9034 8834 84 Mar. 4 Apr. 20 9134 Apr. \ 81 85 82 4 o;73 8234 Apr. 29 87 87 8234 Jan. 12 Apr. 33J 18 332 17 s»j 34® Apr. 17 >ji Jan. ft Apr. 1 1 54 Apr. 17 54 Apr. 17 54 Apr. 17 5 8 554 434 Apr. 16 434 554 534 Apr. 454 Mar. 16 98 4 97 9554 Apr. 4 9334 9534 94 54 Feb. 14 9554 Apr. 9954 64 6 63 6734 Sale 6354 Apr. 70 70 Apr. 16 5734 Jan. 20 9 954 934 834 934 834 Jan. 12 Sale 1 Sale 1 8 34 Apr. 134 Apr. 134 34 Mar. 26 3 454 454 434 Apr. 434 454 454 Apr. 15 534 434 Jan. 12 1 1 134 Sale 134 134 34 Apr. 12 134 Apr. 54® Mar. 14 Sale 95 Sale 94 99 1 99 Apr. 12 73 34 Jan. 29 103 34 Apr. 25 8 2634 Sale 2354 Apr. 18 2654 Apr. 2534 23 54 Feb. 24 2654 24 8 2534 2634 25 Apr. 16 2534 24 2654 Apr. Apr. 16 2654 52 5034 Apr. 19 5134 Apr. 4 5054 Sale 5134 3 52 4934 Jan. a 54® Apr. 15 a 54® Apr. 54 54 15 54® 34 Mar. 12 1 354 Apr. 1 354 Sale 354 354 354 354 Apr. 2m Jan. 15 3354 Sale 31 3154 13 400 Penn Mex Fuel common.__50c 500 Highest Sale Prices 10634 10634 Sale ;106 Apr. 2 107 11634 116 11654 11534 Apr. 23 117 106 1334 3434 3054 11 10 23,300 Parkersburg Rig & Reel Co.-l 240 Patchogue Plymouth Mills.730 Pender (d) Grocery clA * 11,000 Class b * 2,680 Peninsula Telep Co com ._.* 200 $1.40 preferred 25 39,525 26,075 33,800 Lowest Sale Prices 34® Feb. 454 Sale 3X 4X Corp... 350 Parker Pen Co 400 Highest Sale Prices 23 30 29 23 16 30 14 Apr. 23 3454 Apr. 6 31 Apr. 13 108 Apr. 2 92 Apr. 6 534 Apr. 30 11 Mar. Apr. 25 Apr. 16 Jan. 5 3 Mar. 28 Jan. Apr. 4 Jan. Feb. 8 27 Feb. 16 Feb. 19 Apr. 16 Mar. 27 Jan. 8 Jan. 25 Jan. 3 Mar. 28 Apr. 8 Jan. 3 Jan. 13 Jan. 3 Mar. 14 Feb. 7 10834 Apr. 25 Apr. 24 934 Apr. 18 3 116 8 4 1534 Jan. Apr. 15 1654 Jan. 26 2 Apr. 37 Jan. 13 24 Apr. 21 34 1934 Jan. Jan. 2 9834 Jan. 3 23 107 113 34 Feb. 11254 106 34 75i 1834 Feb. Jan. Feb. Jan. Jan. 46 2 23 26 19 6 11134 Mar. 16 117 1 4 154 Feb. 754 Jan. 234 Jan. 12 13 34 Feb. 3 6 11054 Mar. 12 107 Apr. 5 1 11634 Feb. 11634 Mar. 26 1 10854 Apr. 5 854 Apr. 3 2134 Apr. Mar. 13 50 3 Mar. 29 Apr. 18 854 Feb. 13 334 Feb. 20 9 1454 3234 Apr. 30 3454 2934 Apr. 29 3154 10654 Apr. 23 10834 87 Apr. 16 9534 534 Mar. 18 654 20 20 Feb. 6 Mar. Apr. 8 6 Jan. 9 Feb. 28 Jan. 11 Feb. 23 Feb. 6 Oil of Venezuelae 189,500 820 854 Lowest Ask April 30 Ask Bid North 800 Pacific Can Co 19,600 6,240 7,700 18,700 Bid 116 Sale 3,975 Ohio Brass class b * 1,650 Ohio Edison 16 preferred * 6,800 Ohio Oil 6% pref 100 940 Ohio Power 6% preferred..100 560 Ohio Pub Serv 7% 1st pref. 100 675 6% 1st pref 100 2,000 Oilstocks Ltd common 5 37,600 Oklahoma Nat Gas com 15 4,750 13 preferred 50 3,450 15.50 conv pref 90,984 Oldetyme Distillers 1 Oliver United Filters b * 1,650 Omar Inc 1 1,200 Overseas Securities Co * 100 754 107 Ask * 16 preferred North Amer Rayon cl a 6.200 Novadel-Agene Corp.. " Bid 1 European Oil com—-.1 2,075 Nor Ind Pub Ser 6% pref—100 1,310 100 7% preferred 8,500 Northern Pipe Line 10 27,600 Nor States Power a 25 3,400 Northwest Engineering ._* ■ April 1 1940 STOCKS 1 „ EXCHANGE Jan. 1 Shares RANGE SINCE JAN. Price YORK NEW Since 115 Sale Sale Sale 4 754 2354 Sale .34 % 38 40 834 Sale 2234 Apr. % Apr. 8 ""354 "~4"" 101 29 30 1 11 334 934 934 834 854 10234 10034 5 354 1254 934 3034 48 9 16 34 2 3654 3234 54 27 8 1 1 26 26 1 11 12 2 2 12 27 16 19 2 3 Apr. Apr. 25 8 Apr. 3 Apr. 1 Apr. 4 Apr. Apr. 11 Apr. 30 Apr. 30 8 Apr. 4 234 Apr. 2254 Apr. 15 3834 Apr. 29 64 Apr. 26 2 8 Apr. 110 1 Apr. 4 11254 Apr. 179 Apr. 29 1634 Apr. 18 7034 Apr. 10 7954 Apr. 11 2734 Apr. 16 4 754 Apr. 734 Apr. 29 22 11434 Apr. 11 3034 Apr. 5 19 30 1 10 19 19 19 1 1 2 25 22 11 634 Apr. 22 1 1554 Apr. 1 4754 Apr. 1454 Apr. 29 134 Apr. 854 Apr. 1334 Apr. 26 5 Apr. 1334 Apr. 17 104 Apr. 18 2 134 Apr. 4 1034 Apr. 58 1 110 107 4 33 34 Jan. 17 5 3134 Apr. 27 34 Mar. 7 254 Mar. 134 Jan. 1134 Jan. 37 3 Mar. II* 64 Apr. 154 Apr. 109 Mar. Ill Jan. 16634 Jan. 12 Mar. Feb. 26 1634 7254 9034 2834 654 Apr. 19 6 Jan. 20 834 11434 Apr. 22 120 6 23034 Mar. 3134 534 Mar. 26 2 6 34 Jan. 34 Jan. 934 54 154 7 54 4034 Jan. Feb. 25 Jan. Feb. Jan. 3 1 19 99 15 i 15 4 Apr. Apr. 11 4 Apr. Apr. 16 6 Ap>\ 4 Apr. 4 10834 Apr. 6 11134 Apr. 11 25 2934 Apr. 19 85 Apr. 19 2634 Apr. 30 1054 Apr. 12 7 9 Apr. a* 5 154 Jan. 934 Apr. 25 Jan. Apr. 30 Apr. 8 Mar. 21 Jan. 11 Jan. 19 Feb. 9 Apr. 18 Jan. 13 Jan. 4 Mar. 14 Jan. 4 Jan. Jan. 5 11 Feb. 29 Feb. 8 Mar. 30 Apr. 1 Apr. 29 Feb. 1 Jan. 8 Apr. 8 Feb. 29 1334 Apr. 26 5 6134 Jan. Apr. 17 23 8 54 Apr. 334 Apr. 24 734 Apr. 10 8134 Jan. 25 2054 Jan. 18 % Apr. 17 3934 Jan. 16 8 Apr. 17 134 Apr. 4$* 4 9 34 Jan. 5434 Apr. 954 Jan. 18 2434 Apr. 2* 1 134 Apr. 434 Apr. 734 Apr. 3 l«ll 15S 17 Jan. Apr. 30 19 2 11354 Mar. 11 179 Apr. 29 Mar. 77 2 25)112 Feb. 63 Feb. 27 Jan. 26 Feb. 21 Jan. 8 Jan. 3 Feb. 15 Apr. 11 3 234 Jan. 2254 Apr. 15 Apr. 29 54 Apr. 22 10 534 3 54 1234 1034 3534 49X 1634 3654 3234 54 16 43 34 Jan. 12 Jan. 2 Apr. 17 9 3 Apr. 54® 4 Apr. 16 Apr. 16 934 Apr. 22 934 Apr. 10 102 Apr. 11134 110 Apr. Sale 25 Apr. Sale 79 Apr. Sale 1554 Apr. 10 11 Apr. 7 634 Apr. Feb. 30 Apr. 10654 10754 10634 Apr. 8 10654 Apr. 3 11234 117 1 10134 Apr. 30 9534 Apr. 10034 Sale 50 52 Sale Apr. 20 5234 Apr. 3 108 10734 108 109 11054 11054 25 Sale 2754 78 54 7 9 34 84 15 34 Sale 2634 1034 934 10 7 734 634 434 Apr. 12 354 Jan. 26 1134 Apr. 29 834 Apr. 30 13 22 8 54 Apr. 334 Apr. 24 734 Apr. 10 54 854 834 12 25 Feb. Jan. 29 10 Jan. 15 6 Feb. 7 20 154 Jan. 134 Apr. 18 434 Jan. 854 Feb. 4 1 8154 Jan. 24 8 2434 Apr. Jan. 13 42 Mar. 10 Feb. 13 9 54, Jan. 8 Apr. 11 354 Feb. 26 8 854 Jan. Jan. 5 7 Jan. 13 6 9734 Jan. 10634 11034 7934 3954 9X Feb. 934 Apr. 4 102 Apr. 6 4 Apr. 8 10654 Apr. Jan. Feb. Feb. 9 11334 Mar. 19 7 10134 Apr. 30 10434 Jan. 10934 Jan. 2254 Mar. 7534 Mar. 1154 Jan. 834 Feb. 634 Jan. 7 5234 Apr. 8 10934 Feb. 15 11254 Feb. 16 2 26 13 3 UH Jan. Jan. 3 3 m 14 19 10 10 2634 Apr. 30 1054 Apr. 12 734 Mar.] 7 NEW 48 YORK EXCHANGE CURB AGGREGATE SALES In Since April 375 1,550 20 500 1,600 800 100 1,100 250 168,000 1,200 1,400 200 9,600 3,100 1,175 100 4,300 1,800 1,000 700 3,700 " l",306 900 600 500 30 183,400 4,425 36,700 4,800 Ask 1185* 1535* 16 12 5* 900 Quebec Power Co 9 1,720 Railway 8c Light Securities...* 1,300 Rys& UtlHnvestcl Acorn...l Raymond Concrete Pile— Common 125* 3.150 270 $3 conv pref * 355* ..50c 3,700 Raytheon Mfg com * 4,200 Red Bank Oil Co. * 255* 2,900 Reed Roller Bit Co * 55* 1,900 Reeves (Daniel) com 50c 5* 9,300 Reiter Poster Oil Corp 5 1,000 Reliance El & EngCo.... 135* 6 1 342,800 Republic Aviation Corp ..1 A 5,100 t Reynolds Invest com 1 5,300 Rheem Mfg Co ~6"~ 900 Rice Stlx Dry Goods Co * 1 17,200 Richmond Radiator com 15* Rio Grande Valley Gas Co— Voting trust ctfs 1 11,500 5* 2,775 Rochester G & E 6% pfD.,100 50 6% preferred C 100 Rochester Telephone Corp— 10 65*% 1st pref 100 115 * 500 Roeser 8c Pendleton Inc 115* Rolls-Royce Ltd— Am dep rets ord reg £1 7,300 Rome Cable Corp common—5 115* 5 ln 8,300 Roosevelt Field Inc 1 3 5,400 Root Petroleum Co com..: $1.20 conv preferred 20 1,700 75* ....* 5* 9,200 Rossia Internat Corp Royalite Oil Co Ltd ...* * "~3~, 800 Royal Typewriter com 605* 2.50 2,700 Russeks Fifth Ave Inc ..... 25? 35,500 Rustless Iron & Steel Corp 13,300 1,100 1,600 Par Bid * 117 100 150 $2.50 conv pref. * 1,550 3,600 Ryan Consol Petroleum ....._* 12,700 Ryerson & Haynes Inc com—1 * 1,000 St Lawrence Corp Ltd A $2 conv preferred 180 50 5 238,800 St Regis Paper Co 7 % preferred 100 9,575 1 47,555 Salt Dome Oil Co Samson United Corp com .1 6,700 Sale 375* Sale Sale 15 Sale 5* "65* 25* A Sale 115* 2 5* c Sale lp 8* 46 2 5* 67,200 7,400 750 3,800 500 1,650 600 292,600 20,400 1,800 18,100 2,300 4,050 3,950 Segal Lock & Hard ward com. .1 Seiberling Rubber com Selby Shoe Co com Selected Industries. Convertible stock... $5.50 prior stock ""500 12,500 1,500 6,500 20,300 Sherwin-Williams Co com—25 5% cum pref A A A 820 100 * 900 Sherwin-Williams of Can 350 Shreveport Eldorado Pipe Line stamped 800 Silex Co (The) common 300 Simmons-Boardman 350 50 "'450 100 110 25 Allotment certificates. Selfridge Prov Stores, Ltd— American dep rets reg £1 ..1 79,900 Sentry Safety Control 1 400 Serrick Corp class B com * 1,300 Seton Leather com 5 34,900 Shattuck Denn Mining 4,900 Shawinigan Water A Power. .* 10,000 85,600 3,400 5 135* Sale 47 Sale Sale Sale Sale Sale 67 1 1H 4 15 3 5* 577H 2 54 39 PP Sale 69 55* Sale Sale 1 36* 24 * 'A 645* 45* 63 25* Sale 15* 15* 35* 35* 135* 25 23 600 Seeman Bros common 75 5* 35* 30 100 Sale Sale 3 7 5* 295* 200 25* 9 63 5* 5* , 13 5* 26 % Sale 39 P Sale 39% 15* 65* 95* 5* 45* 565* 57 c, 85* Sale «B m 54J* 5154 545* Sale 1 1* 154 9 75* 55* Sale 185* 185* Sale 94 5* 1135* Sale 10 8 1 H if Sale Sale 9 5* Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale 11 39 5* 405* 1 % Sale 2 245* 225* 55* 5* 6 % , 12 5* 13 5* 65* Sale 18* 17 5* 5 55* Sale 2 114 85* Apr. Sale 10 Apr. 105* Apr. Apr. Apr. 15* Apr. 24 Apr. 55* Apr. 5* Apr. 13 Apr. 6 Apr. 5* Apr. 185* Apr. 5 Apr. 15* Apr. 39 1 19 10 2 11 13 12 4 1 2 6 18 4 1 Apr. Apr. Mar. 9 13 5* Apr. 9 1165* Feb. 125* Jan. 56 60 58 26 22 2 1 Apr. 25* Apr. 15* Apr. 35* Apr. 155* Apr. 45i Apr. 815* Apr. 8 5* Apr. 5* Apr. 30 Apr. 5* Apr. 14 Apr. 33 Apr. 12 285* Apr. 32 30 5* 135* 5* 135* 285* 26 Apr. Sale 4 5* 5* _5* 5* 135* 315* Sale 1 12 8 17 6 15 9 9 105* Feb. 5* Feb. 14 Feb. 6 16 8 405* Mar. 25 15* Feb. 24 25* Jan. 2 265* Jan. 10 6 Jan. 6 A Jan. 20 135* Mar. 13 65* Apr. 9 5* Apr. 6 195* Mar. 27 55* Jan. 4 25* Apr. 5 101 115* 25* 25* 75* 'A 3 2 18% Feb. 28 4 Apr. Apr. Apr. Apr. Apr. 16 Feb. 5* Jan. 105* 25* 25* 65* 5* 4 9 Jan. 6 1 115* 25* 25* 75* A 4 5* Jan. Apr. Apr. 15 104 17 13 25 125* Mar. 23 55* Mar. 18 45* Feb. 15* Feb. 105* 25* 25* 65* 5* 35* 45* 35* 135* 135* Sale 46 5* 465* 485* 2 25* 25* 15* 15* 15* 35* 45* 35* 153* Sale 313 5* 2 5* 43* Sale Sale 69 79 Jan. 5 5 13 5* Apr. 5* 6 8 5* Jan. Apr. 11 24 Apr. 13 55* Mar. 11 4 145* Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 105* Jan. 35 195* Apr. 55* Apr. 25* Apr. 12 9 2 115* Apr. Apr. 10 2 1 Apr. 1 2 Apr. 1 2551 Apr. 55" Apr. 12 4 5* Apr. 3 13 5* Apr. ... 8 8 5 39 6ff ap5: 125 1495* Feb. 2 1535* Mar. 29 Feb. 16 115* Apr. 30 13 5* Feb. 16 Apr. 65 Apr. .35* Apr. 15 Apr. 50 5 13 i §* 43 6 26 16 30 9 1165* Feb. 9 14 Jan. 29 17 IS Feb. 1 Jan. 18 Mar. 4 Mar. 12 Apr. 12 125* 35* 35* 75* A Jan. 2 Mar. 8 Feb. 6 Jan. A Feb. 24 Jan. 56 8 9 8 5 A Jan. 25 Jan. 10 1045* Feb. 1 1035* Mar. 25 104 Jan. 29 105* 15* 25* 65* 5* Apr. Apr. Apr. Apr. 15 19 65 Mar. 20. Jan. 30 26 25 9 12 5 Mar. 7 15 5*- Jan. 4 50 Apr. 13 26 Mar. 28 45* 155* 45* 815* 85* 15* Apr. 17 35 Mar. Jan. Feb. Jan. Feb. *135* Apr. 16 25* Mar. 13 Jan. 2 17 Apr. 12 10 24 25 17 5iff 30* Mar. 16 25* Jan. 2 1 6 Feb. 5 Jan. 24 Apr. 30 Apr. 10 Apr. 24 Apr. 17 Jan. 24 Jan. 18 Jan. 26 Jan. 17 Apr. 23 6 5 12 Jan. 8 14 23 28 Mar. 16 33 3 24 Jan. 295* Mar. 13 53 9 455* Jan. 15 75* Mar. 16 95* Feb. 8 % Feb. 28 1 2 113 29 67 85* % 15* 425* Sale 7 10 Sale 5 58 595* 25 28 55 62 75* JL 40 83* 1 Sale 8 Ar% Apr. 40 Sale Sale 11 105* % Sale Sale Apr. J* Apr. % 6 95* 5* 45* Sale 58 a Sale -Tie 575* Sale 57 15* Sale 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 2 5 9 30 23 24 9 15 30 3 3 Apr. 23 2 75* 85* 75* 55* Sale 65* 15 5* 16 165* 165* 96 Sale 96 Sale Sale 112 1115* 1135* 112 95* 11 95* 115* 15* 65* 65* 19 135* 1A 1155* Mar. 20 1165* Apr. 18 1185* Apr. Apr. 149 Apr. 5 153 Apr. 115* Apr. 30 12 A 305* 285* Sale 58 10 Sale 121 154, 115* Sale Sale 32 29 110 85* Ask 5*6 5 A Sale 103 5* 1045* 103 1045* Sale 103 5* 1045* 103 5* 1045* 145* 12 1,512 4,700 65* Sale A 5* 195* Sale 45* 55* 15* Sale —— -..* * Sale 13 13 5* 15* 1254 Scranton Lace Co common 6 1135* 1 Scranton-Spring Brook Water Service $6 preferrek * 75 *i 4,412 Scullin Steel Co common Warrants 13,800 * 1,500 Securities Corp Geni com I 5 12 ...6 """480 Sale 2 Sale 900 Savoy Oil Co ""150 12 41 15* 255* Sale 65* 100 500 25 * 11H 395* 1 ...» 20,300 ScovillMfg Co... Scranton Elec $6 pref 95* A 5* 30 Sanford Mills 7,800 125* 9 Sale 20 3,300 Schiff Co com... Ask Bid 1165* 1185* 118 152 152 154 Bid 115* Lowest Sale Prices April 30 April 1 1940 STOCKS (Concluded) 1,280 Quaker Oats com 6% preferred 2,010 Shares 1 Price Jan. 2 Jan. 1 Shares 640 650 350 RANGE SINCE JAN. PRICES IN APRIL NEW YORK CURB EXCHANGE 15* 75* 53* 16 97 95* Apr. 1 Apr. 1 Apr. 40 Apr. 15* Apr. 75* Apr. 105* Apr. 5* Apr. 5 Apr. 595* Apr. 60 Apr. 1 Apr. 4 5* Mar. 5 30 39 12 18 6 Apr. 24 Mar. 25 15 Feb. 29 Feb. 19 1 3 23 Jan. 4 55* Feb. 155* Mar. 89 Feb. 1115* Jan. 105* Jan. 8 1 Apr. 5 Apr. 30 15* Mar. 2 85* Jan. 5 40 11 Jan. 16 5* Jan. 2 65* Jan. 5 595* Apr. 23 6 Apr. 6 Mar. Mar. Apr Apr. Jan. 100 Apr. 1145* Jan. 115* Mar. Feb. Feb. 7 Mar. Jan. 15* 25* 85* 65* 185* A Jan. 1 Apr. Apr. Apr. Apr. Apr. 4 Jan. 6 2 3 Apr. 85* 65* Apr. 16 Apr. 24 175* 1 100 Apr. Apr. 16 1135* 7 Jan. 5* Jan. 1 30 4 9 13 12 10 31 4 10 7 .25 14 Sale 155* 14 165* 155* Apr. 9 23 35* Sale 15* 15* 23 26 225* Apr. 35* Apr. 15* Apr. 12 145* 16 14 Jan. 2 225* Apr. 12 45* Apr. 20 15* Apr.. 24 19 Jan. Jan. 10 155* Apr. 155* Apr. 16 Pub ..* Corp convpref 205* * 15* 154 140,700 Simmons H'ware & Paint Co 2 1 15* 4,200 Simplicity Pattern Co. * 100 Simpson's Ltd B stock ..100 152 154 1,340 SingerMfg Co Singer Mfg Ltd— Am dep rets ord reg shs—£1 100 25* 150 Sioux City G & E 7% pref.100 500 Skinner Organ Co common.-.5 5* Smith (Howard) Paper Mills.* " 15* 4,306 Solar Mfg Co VA Sale 30,300 Sonotone Corp 45* 3,900 Soss Mfg Co South Coast Com com 14,300 aVA Sale 16,500 Sou Calif Edison 6% pref B—25 55* % pref class O 25 305* 10,100 5% original pref 25 770 455* 25 3,600 Southern Colo Power cl A 154 15* 7% preferred 64 74 30 100 100 162 140 South New Engl Telep Co 170 Southern Phosphate Co 10 900 10 "55* 18,000 Southern Pipe Line. * 25* 14,000 Southern Union Gas com 146 5* 148 45* Sale 15* Sale 134 Sale 2 25* 101 1035* Sale '5* 5* 1 25* 2 127 Apr. 26 149 2 103 2 Apr. 15 Apr. 15 Apr. 22 1035* Apr. 1 Apr. 4 15* i: 24 225* Apr. 45* Apr. 15* Apr. 95* Mar. Feb. 5 95i Mar. 26 127 Apr. 26 155 1; 2 _ Jan. 12 20 24 26 8 2 Apr. 15 103 Mar. 27 1055* Mar. 11 5* Feb. 21 5* Feb. 21 Apr. 15 " 2,000 14,500 1,200 7,200 7,500 2,600 30 1,400 20 """200 8,700 4,900 o , 150 700 8,900 2,600 300 2,200 14,600 14,300 1,900 6,600 1,670 590 400 800 100 200 2,400 400 300 15,300 2,750 27,000 500 1,500 8,950 Preferred A Southland Royalty Co. South Penn Oil So West Pa Pine Lines 5,600 8,400 225 9,400 1,500 450 5,500 7,100 5,100 200 25 .... m 5 25 J* 10 215* Spalding (A G) & Bros Inc 1 5% 1st preferred * Spanish 8c General Corp Ltd Am dep rets ord reg shs £1 Spencer Shoe Corp ..* Stahl-Meyer Inc com _...* Standard Brewing Co ..* Standard Cap 8c Seal com Conv preferred 10 Standard Dredging Corp— Common if* 34,200 1,450 23,500 3,200 1,200 12,000 26,100 13,200 1,100 100 Class B Standard Products Co Standard Silver Lead Standard Steel Spring Co Standard Tube class B 125* 53. Sale Sale Sale 1085* 1 Sale 5* 1 295* 29 5* 465* 15* 15* 66 70 168 5 18 1 15* Apr. 25* Apr 5 5* Sale 5* A 40 Sale 9 15* 15* 15* Jan. 25* Apr. 4 16 2 6 3 16 . 25* 305* 295* 30 15 45 26 72 15* Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 Apr. 20 sin 19 2 72 38 55* Apr. 85*, Apr. 6 1 351 Apr. 185* Apr. 55* Apr. 1 19 1 2 385* Apr, 24 Apr. 16 25* Apr. 22 145* Apr. 19 38 5* 28 15 19 3 Sale 15* 2 15* 15* 5* 25* 5* Sale 225* 15* 2 13 55* Apr. 6 9 115* Apr. 4 Apr. 29 2 195* Apr. 75* Apr. 29 9 405* Apr. 29 Apr. 23 2 5* Apr. 4 16 2 Apr. 15* 15* c, > 12 Sale 20 Sale 2 15* 115* py 105* Sale 205* Sale 4 15* Apr. 4 15* Apr. 9 ■X Apr. 12 Apr. 30 20 Apr. 30 15* Apr. 12 23 25 20 25 '! Apr 3 19 Apr. 1lH 4 15* Jan. 3 125* Jan. 15* Apr. 22 23 85* Jan. 25 Jan. 3 2 20 9 285* Mar. 4 .085* Jan. 12 AM&T. 16 6 6 A Mar. 20 9 8 12 10 26 16 Jan. 20 8 Mar. 19 23 Apr. 9 Apr. 29 Feb. 13 Apr. 29 Jan. 35 AJan. 2 1 % Feb. 1 15* Mar. 6 5* Jan. 23 12 Apr. 30 195* Jan. 2 15* Apr. 15* Apr. 5* Apr. 16 Apr. 145* 10 105* Apr. 25 11 Apr. PP 205* Apr. 19 205* Apr. 205* Sale 355* Apr. 17 375* Apr. 355* Sale 375* Sale Sale 109 5* Apr. 19 110 110 1115* 110 Apr. 3 A 5* Sale 5* Apr. A Apr. 2 5* 5* Apr. A Apr. 'A c y* Sale 26 25 22 235* Apr. 27 26 Apr. 4 8 95* 85* Sale Apr. 105* Apr. c¥/s Sale 1 5* Sale A Apr. 5*6 Apr. 31 36 37 35 34 Apr. 19 385* Apr. 15* 15* 15* 15* Apr. 20 15* Apr. 20 Jan. Mar. 16 55* 85* Sale 35* Sale 185* 195* 55* Sale 275* 25* Jan. Jan. 305* Mar. 12 465* Mar. 12 5 30 3 172 15* .._.* 5 305* 45 22 2 25 100 1 1 Sale 195* Sale 1 Standard Wholesale Phosphate 8c Acid Works 20 For footnotes see page 23 PP Sale JP 30 16 common $7 preferred.. Sale Apr. Apr. Apr. Apr. Apr. 29 Apr. 445* Apr. 15* Apr. 71 Apr. 15* 15* 45* 15* 295* Sale Iff 14* Sale* - Standard Oil (Ohio) com. 5% preferred Standard Power & Lt com "55* 45* A Sale $1.60 conv preferred -20 * 2,900 Stand invest $55* preferred 10 28,700 Standard Oil (Kentucky) 600 "l",666 iff sVA tiff 15* «\V* 15* Sale 3 Feb. 24 Mar. 21 Apr. 2 A Jan. 2 25* Mar. 21 2 Jan. 4 5* Jan. 23 165* Mar. 23 24 Mar. 15 Feb. 9 Mar. 15 Mar. 1 205* Feb. 15 375* Mar. 9 Feb. 21 110 3 H Jan. Jan. 10 275* Jan. 11 11 4 Apr. 8 5* Jan. 31 Apr. 19 40$ Jan. Jan. 15 3 22 15* Feb. 8 1 21 Jan. Feb. 29 105* Apr. 12 21 Feb. 29 MAY, NEW 1940^ YORK CURB EXCHANGE 4!) AGGREGATE SALES In PRICES IN APRIL April Shares NEW YORK CURB EXCHANGE Since Jan. 1 Shares 4,300 250 450 1,200 375 150 50 400 1,700 1,025 100 950 2,000 3,200 14,100 1,900 1,800 1)4 Bid Sale 1 Sale 35 Sale - ..50 13 13)4 4 334 ...1 534 234 2h 2 ...1 Stetson (John B) Co com Stinnes (Hugo) Corp —-.5 Strooek (8) & Co Inc.... * Sullivan Machinery Co... » Sun Ray Drug Co com 1 Sunray OU... —-1 5)4% conv preferred 50 Superior Oil Co of Calif—..25 Superior Portl Cement A * 4 934 934 11 2 Sale 2 234 Sale 12 Sale 3434 38 3434 30 3,600 Swan-Finch Oil Corp—-—15 360 Texas P & L 7 % pref 7,400 Texon Oil & Land Co— 634 6 6 1 35 1 1 * - 34 34 2 5 1 * 1534 11134 234 2034 13 34 * 234 Sale if* i°iH 84* 60 ♦ 434 14,400 6,550 Am dep rets def reg Todd Shipyards Corp Toledo Edison 6% pref. 7% preferred A.Tonopah Belmont Dev Tonopah Mining of Nev Trans-Lux Pict Screen Trans western Oil Co 1134 34 5s * 100 114 10,900 Union Premier Food Stores. 25 Union Stock Yds of Omaha. 100 93,400 United Aircraft Prod 1 United Chemicals Inc— Common 6,500 S3 cum par tic pref 1,100 — * 10c 362,800 Un Cigar-Whelan Stores 30,500 United Corp warrants United Elastic Corp... 700 * ...-.1 171,800 United Gas common $7 1st non-voting pref 21,000 * Warrants 17,600 130 United G & E 7% prefllllllOO United Lt & Power com A * 88,400 Common class B 26,100 $6 1st pref 131,500 ♦ 325 United Milk Products com $3 participating preferred. _* 35 10% preferred 10 26,775 United Shoe Much com Preferred 1,980 16,900 United Specialties common 434 Sale 25 1 1 2* 1134 1234 234 334 1734 Sale "634 Sale pref U S Radiator common U S Rubber Reclaiming. jU S Stores Corp 700 $7 140 conv com 1st pref 6,100 United Stores Corp com 61,600 United Wall Paper.. Universal Consol Oil Co """200 Universal Cooler class A Class B 500 63,800 Universal Corp vtc 1,000 Universal Insurance 5,600 Universal Pictures com .... 1334 59 14 134 103 34 8434 78 534 434 240 "34 """34 8334 Sale "4 4 34 61 Sale 334 Sale Sale Sale 234 334 50c 69 34 1 134 Sale 62 Sale 1 1$ 18 34 134 134 Sale 134 70 1 53 34 A 134 Sale 134 1734 75 see page 53* 134 434 534 534 6 100 '"134 "134 * 3^ ik 4H 2H 3H 2 34 12 34 1234 134 5234 Apr. 2 4 15 134 1 434 134 6 1 2 2 9 2034 Sale 134 6934 Sale 13 534 234 1 1134 2134 Sale 7034 "53"" "54"" 1)4 1334 134 25 34 28 34 Sale 2 1434 134 2634 Sale % Sale 31 72 34 75 83 1134 12 1134 1234 4)4 534 434 Sale 734 834 74 134 2 3 34 4 34 34 1 % 134 14 h 16 234 Sale 85 ll" ..8* I" Sal* 134 , 2 Jan. 4 5 2 4034 Apr. 25 16 36 Jan. 9 13 Jan. 9 634 Apr. 25 934 Jan. 19 434 Mar. 13 6 3334 Apr. 23 4 15 1 8 8 26 15 22 34 Apr. 25 Apr. 23 4 10834 Apr. 115 Apr. 26 4 A Apr. -A Apr. 26 134 Apr. 15 3 Apr. 11 4 34 Apr. 93* 3834 3 34 73* Apr. *8 56 10534 Jan 1034 Apr. 1334 Apr. Apr. % Apr. 34 Apr. 7H Apr. 134 Apr. 10234 Apr. 34 Apr. 8434 Apr. 34 Apr. % Apr. 63 1534 Apr. 30 2 16 11 65 2 19 11 17 12 Apr. 24 1 134 Apr. 1 34 Apr. 30 60 8 Apr. 5 Apr. 134 Apr, 1 20 108 Apr. 17 34 Apr. 5 18 1 19 1 8434 Apr. 18 1 Apr. 24 8 % Apr. 39 8 Apr. 27 2 Apr. % 1434 2 34 Jan. . Jan. Jan. 9 4 A AprA Apr. 26 134 Apr. 15 7 334 Jan. Jan. 3 31 x834 Jan. 1034 Jan. 10 Jan. 26 Mar. 6 3 3934 Feb. 21 334 Jan. 20 Jan. Feb. 10 8 Feb. Mar. Mar. Feb. 14 634 Apr. 29 134 Jan. 11 Apr. Mar. Jan. Jan. Jan. 18 30 27 2 18 15 Jan. 1 18 19 11 334 1334 334 1934 6434 1534 5 Apr. Feb. Feb. Apr. Jan. Apr. 22 6 29 8 18 30 16 65 Jan. Apr. 17 Apr. 24 134 Mar. 30 3 34 J an. 834 Feb. 14 Jan. 634 Jan. 134 Mar. Jan. 4 134 Jan. 5 3 11 3 3 8 2 ioiH Apr. Jan. 89* Jan. 9234 Jan. 34 Feb. Jan. Apr. 19 34 Mar. 2534 Apr. 12 434 Apr. 29 4 34 Apr. 3 734 Apr. 71)4 Apr. 17 8 4234 Apr. 6 Apr. 26 6 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 20 5 8 A 6834 4 34 2634 33 134 334 1 10 3 1 6 5 1 2 434 Apr. 4 134 Apr. 24 3 734 Apr. 2 7634 Apr. 45 Apr. 27 8 734 Apr 8 634 Apr. 8 1 Apr. 6 34 Apr. 71 Apr. 12 534 Apr. 11 28)4 Apr. 17 3534 Apr. 17 2 34 Apr. 15 434 Apr. 19 A Mar. 2934 Jan. 39 24 Jan. 27 Jan. Apr. Apr. 70 _ 34 434 134 434 22 11 Apr. 13 Apr. 22 Apr. 11 Apr. 12 Apr. 1734 Apr. 1)4 Apr. 6534 Apr. 18 1 3 10 534 Apr. 4 34 Apr. 2)4 Apr. Apr. Apr. Feb. 74 Mar. 27 434 Jan. 240 Jan. 34 Jan. 734 Apr. 7134 Feb. 4234 Mar. 4 Jan. 29 25 8 3 29 21 5 434 Apr. 29 634 Jan. 9 Mar. 14 6,* Jan. 2 Jan. 5 19)4 Jan. 2734 Jan. 134 Feb. 15 2' 12 20 Feb. 2 27 4)4 Apr. 5 11 **- 134 5534 34 2)4 14 18 Apr. 26 134 Apr. 1 26 34 Apr. 23 29 3 Apr. % Apr. 25 74 Apr. 16 5 1134 Apr. 30 Apr. Apr. Apr. Apr. Apr. 27 2 34 Apr. 3 834 Apr. 74 Apr. 17 134 Apr. 26 5 4 Apr. 4 4 e" Apr. Apr. 34 I 2 29 Apr. 25 1 34 Apr. 134 Apr. Apr. 6 3 434 Apr. 13 134 Apr. 22 Jan. 4 17)4 Jan. 3 3 834 Jan. 24 1634 Feb. 6 134 Jan. 22 61 Mar. 2 Feb. 27 Mar. 18 Jan. 17 Mar. 20 3 10 16 • Mar. Jan. 8 434 Apr. 13 134 Apr. 23 634 Apr. 20 22 Apr. 12 1134 Apr. 20 23 34 Apr. 8 134 Apr. 18 72 Apr. 23 34 Apr. 26 5234 Apr. 23 34 Apr. 16 134 Apr. 11 Sale Sale 2 34 " 31 Apr. 26 31 1034 Jan. 20 34 Apr. 25 Apr. 23 Mar. 6 76 6 109 3 115 A Feb. 34 Jan. 83 Apr. 8 Apr. 8 Apr. 26 Jan. 234 Mar. 21 A Jan. 19 x8H Jan. 31 3 Apr. 23 Feb. 8 Mar. 20 Jan. 2 5 Jan. 334 34 34 134 1134 3 34 1734 6434 534 6 59 4 A Apr. A Jan. 22 1 23 4 10)4 Mar. 29 34 Apr. 25 3 643* Jan. 112 2 Jan. Jan. 20 Mar. 434 Jan. 634 Apr. 29 34 Apr. 8 34 Apr. 22 1234 Apr. 9 3 34 Apr. 19 1934 Apr. 8 Jan. 1 Mar. 3634 34 Apr. 17 5 34 Jan. 2 16 34 12)4 Jan. 4 114 11034 Jan. 234 234 Feb. 13 1834 Jan. 15 2434 1134 Jan. 18 15 9 34 Jan. 134 15 76 Jan. 27 134 1 Sale 2734 2734 15 Jan. 23 Sale 55 -34 2 Sale 5 12 Mar. 5 834 3134 234 734 434 Apr. Sale 22 13 13 Jan. Apr. Apr. Apr. 1031 1331 Jan. 8 Apr. 3 Apr. 22 Apr. 8 A Sale ,A 1734 Sale Sale 6 Sale 6 234 6 23 34 1034 Sale 5 1 Sale 0 834 Sale Sale Sale 634 734 34# Sale 6934 Sale 5 Sale 28 Sale 34 h 35 2 234 4 434 Sale 11 8 6 34 534 2034 2 1 634 73 34 44 34 634 134 Sale Sale Mk 34 434 534 434 ♦ .* Sale Sale Sale 1 4 34 234 * 11 7734 434 Sale 2734 Sale 034 2 10 1634 6534 Sale 73 34 72 common 9 Apr. 26 1134 Apr. 30 334 Apr. 19 17 34 Apr. 16 Sale 5 434 434 2443* 240 24534 Sale Jan. 2 Jan. 2 19 78 Sale Jan. 1 334 Apr. 34 Apr. 13 Sale 27 634 Vogt Mfg Corp 9,200 Wellington Oil Co 5 834 Apr. 10 34 Apr. 22 1 234 Apr. 1 734 Apr. 34 a % Sale % Sale Sale 5A """34 """34 ♦ 1 25 Apr. 134 Apr. 234 Apr. 34 Apr. Sale 34 85* 88* 7534 Sale 43 34 Sale 634 Sale 27 6,200 Walker Mining 1,000 Wayne Knitting Mills 114 10H 36 26 8 134 * 134 106 34 Sale 87 7434 434 26 34 Class B 115 Sale 26 134 1934 1,600 Sale 68 234 * 7^ 834 Sale Sale 1 * 1 Sale 26 7% preferred 1534 64 36)4 Sale 18 20 o 34 15 65 25 600 Wahl (The) Co common 1,700 Waitt & Bond Inc class A „034 Apr. 1134 Sale Sale A Sale 3434 Sale 22 2434 * ♦ 0 3 Sale 50c * 634 34 1 34 5 Van Norman Mach Tool com_5 Venezuelan Petroleum M Virginia Pub Serv 7% pref. 100 9,400 Waco Airlraft Co 5,300 Wagner Baking com vtc For footnotes ll 34 60 10 16 8 23 16 24 8 Feb. 17 934 Apr. 8 Feb. 9 23 56 73* 30 1 Sale 34 34 334 2 34 Sale 1134 12 334 334 19 1934 14 Uni Valspar Corp common $4 conv pref 5834 834 Sale 3434 36 3 334 734 734 3 34 H 20 2,700 Utility & Ind Corp com 5 Conv preferred 15,800 _7 9,200 JUtil Power & Lt 7% pref.. 100 Sale Sale Sale Sale 61 134 Sale 9334 Sale 22 100 Utah Radio Products com_.__1 3,500 Utility Equities common 10c $5.50 priority stock .1 2,575 2 34 734 Sale 1 versal Products Co * 6,650 28,200 Utah Idaho Sugar Co.......5 Utah Pr & Lt $7 pref.. » 5,375 17,300 2,075 7,150 61,900 1,180 3,600 114 Sale 5 * 934 37 34 10 34 434 Sale 1st preferred with warr....* U S Lines Inc pref * conv eV* 34 56 14 J 25 U S Foil class B U S Graphite Co common.. U S & Internat Sec com $1.50 Sale 134 Sale 234 Sale United Molasses Co Ltd— Am dep rets tor ord reg 70 United NJRR& Canal--.100 9,100 United Profit Sharing com.25c 1,400 U S Plywood Co common 5 234 Apr. 2034 Apr. 30 13 1 Apr. 134 Apr. 26 4 5834 Apr. 4 434 Apr. aVA Sale 4 173,000 Udylite Corp —1 3,600 JUlen & Co series A pref... Series B pref 500 * 19,700 Unexcelled Mfg Co Inc 10 2,400 Union Gas of Canada 700 Union Investment Co com * 1 19 19 A Apr . 1034 Sale 3334 Sale 234 3 734 7 434 Jan. 15 334 Apr. 23 Mar. 1 16 1034 Trunz Pork Stores Inc Tubize Chatilion Corp— 1 31 Apr. 34 _1 9.000 Tung Sol Lamp Works com.-l 80-cent div pref —* 98,400 1,000 10,800 8,265 92,500 37,400 16,300 5,100 10,600 14 Sale 1034 .-10 1 534 Apr. Apr. A Apr. 134 Apr. 1534 Apr. 11334 Apr. 2'H Apr. 2434 Apr. 15 Apr. 134 Apr. 5834 Apr. 5 Apr. 68 7234 Sale Apr. 10834 107 10834 10734 Apr. Tri-Continental Corp warr 3,600 100 Sale 1 Common Class A 1 3 17 112 34 11134 Apr. 70 100 10c com. 434 Apr. 634 Apr. 434 Apr. Apr. 34 Apr. 34 Apr. Sale 5 — 12 19 62 12 334 Mar. 28 3! Apr. 1034 Apr. 1334 Apr. 29 c 5634 Sale Tobacco Secur Trust Co Ltd— Am dep ret? ord reg shs—£1 600 2 Jan. 334 Feb. Jan. 33 234 Apr. 634 Apr. 25 Sale i* 12Sale 634 Apr. 18 534 Jan. 23 134 Jan. 15 234 Jan. 23 34 Apr. 26 Apr. 4 12 13 Sale 53 29 Sale 34 34 J 00 10834 11034 21,550 Thew Shovel Co common 13,700 Tilo Roofing inc 800 Tishman Realty & Constr 1,100 Tobacco A Allied Stocks 10,500 Tobacco Prod Exports 300 4,175 520 280 300 3,100 15,800 17,700 15,200 200 7 634 Sale 5 3 8 4 15 Apr. 5 2 Apr. 9 4034 Apr. 25 36 Apr. 3 5 20 29 134 Jan. Feb. Apr. 434 Feb. 38 Apr. 57 15 13 common.. 28,400 Taggart Corp com 12,500 Tampa Electric Co. 2,500 Tastyeast Inc class A 15,400 Taylor Distilling Co 79,500 Technicolor Inc common— Apr. Apr. 934 Apr. 1234 Apr. 13 Apr. 134 Apr. 38 Apr. 3334 Apr. 1 Apr. 59 .... 11 1 Apr. Apr. 434 Apr. 38 Apr. 634 Apr. 934 Apr. 2 Apr. 834 834 134 234 12 1334 13. 40 4034 3534 Sale 3934 3634 Highest Sale Prices 34 Apr. 26 Apr. 4 Apr. 334 Apr. 36 Apr. 634 Apr. 834 Apr. 2 Apr. 234 Apr. 1034 1234 134 Sale Lowest Sale Prices 14 10$ Sale^ Sale Highest Sale Prices 57 434 Sale M 1034 Sale 33 Lowest 39 734 834 134 234 1 Sale Prices 334 36 8 434 34 934 934 1034 1234 334 38 634 834 134 234 6 ...1 4 36 ..20 April 30 Ask Bid Ask Sale % Sale 60 53 5834 14 1334 15 55 12 6% 1st preferred 5% 2d preferred Class B 300 April 1 Ask * 18,650 Sterling Aluminum Prod. 2,700 Sterling Brewers Inc 7,300 Sterling Inc.... 1,675 2,000 2,200 6,700 6,000 38,299 3,550 5,400 Bid ...1 275 Steel Co of Canada ord--- 1,600 Stein (A) & Co com 6,800 Sterchi Bros Stores Inc.- 200 8,850 Par STOCKS (Continued) 17.400 Starrett (The) Corp vtc. RANGE SINCE JAN. Price Jan. 2 1940 3 Jan. 13 1 Jan. 24 4 5} 243: 134 734 8334 Feb. 23 Feb. 20 Feb. 19 Apr. 3 Jan. 2 45 Apr. 27 734 Apr. 8 734 Feb. 20 Apr. 1 34 Feb. 10 8 71 Mar. 21 Mar. 19 6 2834 Apr. 17 3534 Apr. 17 234 Apr. 15 5 Mar. 6 34 Jan. 11 6 Jan. 3 . 34 Apr. 11 234 Apr. 8 534 Mar. 26 2 Mar. 21 634 Mar. 25 24 13 Mar. 1 Mar. 25 2334 Apr. 8 134 Apr. 18 72 Apr. 23 134 Feb. 27 134 5534 A 234 Jan. 24 April 10 Jan. ll Apr. 3 2034 Jan. 3 34 Jan. 23 4 17 Jan. 25 29 9 25 Jan. 15 30 1 1)4 Apr. 8334 Apr. 26 12 3 Apr. 66 6 34 10 74 134 5 134 134 1534 234 Apr. 6 Apr. 4 Apr. Apr. 17 Apr. 26 Apr. 27 Apr. 29 Apr. 10 Apr. 19 9 Apr. Feb. 10 134 Mar. 27 Apr. 4 Apr. 9 134 Jan. 3 8334 Apr. 26 934 Jan. 30 12 34 Mar. 4)4 534 74 134 334 34 1% 1434 234 4 Apr. 2 Jan. 4 Apr. 17 Apr. 26 Feb. 6 Mar. 4 Apr. 29 Jan. 12 Mar. 30 Mar. 30 634 Apr. 6 10 Apr. 4 74 Apr. 17 2 Feb. 17 5 Apr. 27 1)4 Apr. 29 134 Feb. 24 1534 Apr. 19 4 Jan. 22 YORK NEW 50 CURB EXCHANGE AQOREOATE April NEW YORK CURB EXCHANGE Since $ 1,200 19,000 8,700 61,500 200 450 110 340 STOCKS 0Concluded) Par Wentworth Mfg Uo 1.25 Western Air Express Corp..__1 Western Grocery com 20 Western Maryland Ry— 7% 1st preferred 100 Western Tablet & Stationery Common * 1,000 1,450 Westmoreland Coal Co 200 975 130 440 3,200 75 11,500 1,050 7,100 5,400 2,000 7,800 1,225 7770 ""140 2,300 4,300 800 ... 600 3,000 1,700 2,000 12,500 VA 134 Sale 134 7 Sale 7 634 134 4% Sale 634 56 17 15 ♦ Weyenberg Shoe Mfg Co—-1 Wichita River Oil Corp 10 Williams (R C) & Co » Williams Oil-O-Matic Htg___* Wilson Jones Co com Willson Products lnc 19 1134 1034 10 * $6 preferred-- 17 1034 —• W Va Coal 8c Coke com ;—* 1 Ask Bid Sale 234 634 534 234 734 8 6,100 Wolverine Port Cement--—-10 2 15,300 Wolverine Tube Co com 1 3,200 Woodley Petroleum Corp Woolworth (F W) Ltd— Am dep rets ord shs 6,600 5s 89,700 Wrigbt-Hargreaves Ltd-. ♦ 634 634 Sale 5 134 Apr. 634 Apr. 6 Apr. 134 Apr. 734 Apr. 634 Apr. 1 16 1 ] 1 1134 534 13 534 134 Mar. 14 434 Jan. 12 6 54 Jan. 3 734 Apr. 634 Apr. 10 Apr. 19 5934 Jan. 6 1734 1134 19 1234 1634 Apr. 1134 Apr. 1034 Apr. 16 17 Apr. 1234 Apr. 11 Apr. 4 1434 Jan. 15 9 2 10 Jan. 11 9 Jan. 10 9934 234 734 534 7 134 Sale 12 99 134 734 534 634 134 734 11 2 2 5 Apr. 19 10034 Apr. 4 234 Apr. Apr. 13 5 Apr. 734 Apr. 24 1 6 Apr. 4 Apr. 4 734 Apr. Apr. 24 1 4 134 Apr. Apr. 1 934 Apr. Apr. 30 Apr. 16 Apr. 16 11 1034 534 9634 134 634 534 634 134 734 10 2 11 Jan. 2 Jan. Feb. Feb. Jan. Feb. Apr. Jan. 1 1734 Feb. 13 1234 Apr. 9 11 Apr. 2 102 Feb. 8 234 Jan. 734 Feb. 634 Feb. 734 Mar. 19 15 19 2 26 Jan. 14 934 Mar. 23 1134 Jan. 8 Jan. 3 10934 11134 10934 Apr. 23 112 8 4 4 4 434 Apr. 634 734 634 Apr. 29 634 5 534 534 Apr. 20 534 Sale 11*4 1234 634 Sale 634 5634 Apr. 1 '434 154 Sale 19 ll* 1134 11 Highest Sale Prices Apr. 58 Winnipeg Elec com clB * Wisconsin P & L 7% pref—100 Lowest Sa le Prices 54 534 734 134 Highest Sale Prices 55 7 Sale 634 1 34 Ask 50 9934 134 9934 134 7 Lowest Sale Prices April 30 Bid — 4,900 April 1 Ask Bid 900 Westmoreland Lnc VV est Texas Util ltier Co— 525 1 Price Jan. 2 1940 Jan. 1 % 250 RANGE SINCE JAN. PRICES IN APRIL SALES In 13 Sale 1034 Apr. 26 534 Apr. 30 Apr. Apr. Apr. Apr. 4 8 3 5 10434 Jan. 4 4 112 Mar. 26 634 Jan: 31 434 Mar. 2 1034 Apr. 26 534 Apr. 30 1134 Apr. 534 Apr. Apr. 4 434 Jan. 9 734 Jan. 4 534 Jan. 22 123* Feb. 28 634 Jan. 5 BONDS— 144,000 22,000 38,000 20,000 69,000 578,000 16,000 24,000 85,000 21,000 30~5",666 357,000 605,000 Alabama Power 434s 1st & ref 5s 53,000 1st & ref 5s 136,000 1st 5s 142,000 1st & ref os 262,000 1967 102 34 Sale 103 Sale 1956 1968 1946 1951 10434 10434 10634 10534 10534 10534 108 10634 10134 10234 Sale Sale American Power & Light— Deb 6s_ 2016 2,204,000 84,000 American Seating 6s stpd.1946 147,000 377,000 87,000 1,000 619,000 2,293,000 6s A 195b 1953 1,772,000 ♦Conv deb 5s 1,669,000 179,000 19,000 8,000 58,000 1,155,666 185", 000 138",000 516,000 221,000 185,000 3,000 7,000 98,000 33,000 126,000 804,000 25,000 290,000 29,000 87,000 122,000 50,000 812,000 121,000 789,000 12,000 22,000 60,000 Locomotive 147,000 17,000 For 99 101 10634 Sale" 6034 Sale Sale Sale 2534 Sale 2834 Sale 1534 1434 Sale 2634 Sale 1434 Sale 15 14 34 2834 Sale 7234 Sale 10634 109 10634 Sale 9434 9534 9134 9234 1953 649,000 Canada Nor Power 5s 269,000 Canadian Pacific Ry 6s... 1942 9934 Sale 395,000 Carolina Pr & Lt 5s 284,000 Central Power 5s ser D—. 545,000 Cent States Elec 5s 534s 1,056,000 1,308,000 Cent States Pr & Lt 534#-. 6s series B Sale Sale 1957 1948 1954 1953 Sale 81 1956 1955 223,000 Cities Service 5s 5s registered 3s series P ... 25 9 10634 Apr. Sale 10234 103 10134 Apr. 10234 Apr. 12 9 10434 Apr. 1 10334 Apr. 23 2 10334 Apr. 16 10 10534 Jan. 19 15 10634 Jan. 19 Feb. 28 10634 Mar. 11 109 10434 Feb. 27 10734 Jan. 15 Apr. Feb. 6 100 Jan. 27 10534 Jan, 13 10334 Apr. 2 10534 Apr. 10734 Apr. Feb. 16 11134 Jan. 3 126 Jan. 129 Jan. 3 Feb. 127 Feb. 9 10534 Apr. 108 Mar. 29 5 20 106" "Sale Sale 18 Sale 1734 1734 Sale 1734 Sale 1734 1734 7234 Sale 1734 10534 Sale 19 Sale 10734 Apr". 5434 Apr. Apr" 5334 Apr. 1534 14 34 1634 14 34 Apr. Apr. Apr. Apr. 1 1 4 1 34 Apr. 13 15 Apr. 14 34 Apr. 1 1 Sale 3 68 Apr. 6834 Sale 5 107 Apr. 10734 107 10734 108 109 10934 10934 Sale 10934 Apr. 27 105 102 103 Apr. 29 10134 103 5 99 98 Apr. 9734 9634 9734 1834 1834 16 34 1834 1634 1934 1834 72 34 10734 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 110 Apr. 105 Apr. 9834 Apr. "3 4 15 15 4 16 13 16 9934 Jan. 108 47 Feb. 6234 Jan. 8 1234 1234 1634 1234 1634 Mar. Mar. 30 Jan. 3 Apr. 2834 1634 2634 1614 3434 2834 Jan. Apr. Jan. Apr. Jan. Jan. 3 4 2 13 4 75 Feb. 8 Mar. Apr. 14 Mar. 4 13 Mar. 26 66 Mar. 3 12 8 4 10834 110 11034 Sale 11134 Sale 15134 152 12034 11134 9734 Sale 96 Vs Sale 10334 104 96 Sale 76 Sale 10634 10034 Sale Sale 34 Sale Sale 3434 Sale 81 Sale 7434 Sale 88 93 113 34 150 Sale Sale Sale 108 Apr. 11034 Apr. 11134 Apr. 14934 Apr. 19 12434 Apr. 29 8 11234 Apr. Apr. 30 16 15134 Apr. 2 1 1 11334 Sale 9834 Sale 9734 Sale 10134 Sale 87 7534 10434 10034 37 34 3734 7734 10434 10534 10434 8734 1 9834 Apr. 30 1 98 9634 Apr. Apr. 23 2 10134 Apr. 26 10334 Apr. 97 34 Apr. 29 Sale 8734 Apr. 7534 Apr. Sale 104 34 Apr. Sale Sale 10034 Apr. 1 34 Apr. 2 3334 Apr. 7734 Apr. 27 Sale 10434 Apr. Sale Sale 25 9634 Apr. 7634 Apr. 19 10634 Apr. 1 10134 Apr. 39 Apr. 3934 Apr. 83 Apr. 3 29 1 10 5 10634 106% 953a 9234 2 10734 Mar. 30 110 Apr. 12 105 Apr. 8 9834 Apr. 4 Jan. Jan. Jan. Jan. Sale 91 Sale 93 ..... Sale 8734 93 34 3934 Apr. 8634 Apr. 92 Apr. Jan. 31 Jan. 8 6734 Jan. 30 6934 Mar. 15 7834 Jan. 8 15 30 Jan. 8 Feb. 19 66 31 Mar. 6 Jan. Jan. 9 4 7 9234 Jan. 4 7034 Sale 19 73 34 Apr. 30 10 8534 Apr. 17 89 Apr. 8834 Apr. 3 Sale Sale Sale Sale 70 34 Apr. 85 34 Apr. 88 7334 8734 8734 Apr. 9 1,605,000 Elmlra Wat Lt & RR 5s.. 1956 109,000 El Paso Elec 5s A ...I960 62,000 Empire Dist Elec 5s 1052 245,000 Ercole Marelli Elec Mfg— 1953 1967 Federal Water Serv 5 34s. .1954 471,000 Finland Residential Mtge —1961 9434 Sale 13334 139 9634 Sale 13434 136 12634 Sale 12634 12934 126 10734 10734 10934 11034 108 10834 109 11034 11034 111 4334 99 2034 Jan. 8034 Mar. 91 Jan. 133 Feb. 9134 5534 9434 Sale 5834 Sale 93 Sale 60 6134 Sale 133 34 Apr. 126 Apr. 8634 Apr. 91 Apr. 58 Apr. 94 Apr. 2 3 2 2 29 89 1 Apr. 93 34 Apr. 26 6134 Apr. 24 9834 Apr. 30 10634 10634 10534 10634 10534 Apr. 22 10634 Apr. 6 1 6 34 Apr. 634 Sale 634 634 634 Apr. 11 1 634 Sale 634 634 634 Apr. 634 Apr. 19 2 34 1 34. 1 134 34 Apr. Apr. 27 82 34 Sale 7934 11034 11034 11034 82 Sale 8034 11934 11934 105 107 105 10434 Sale 104 3 Apr. 19 8434 Apr. Apr. 26 11134 Apr. 12 1 84 34 Apr. 3 Apr. 9 11934 Apr. 26 Apr. Apr. 26 106 5 Apr. Apr. 18 10434 Apr. 5 Apr. 7834 Jan. 12 88 Jan. 30 52 Mar. 93 Feb. 110 77 46 32 109 Sale 109 Sale 10034 Sale 10034 Sale 100 Apr. 10 10134 Apr. 6 96 40 Apr. 16 6 2234 Jan 51 69 28 45 57 Apr. 109 Mar. 12 Apr. 26 Apr. 24 Apr. 30 Jan. 20 Mar. 12 Apr. 19 Jan. 8 3 112 Jan. 4 Apr. 3 Mar. 29 Apr. Jan. 5 25 Jan 4734 Mar. 15 15 10934 Jan. 9 Jan. 29 10134 Apr. 4634 Jan. 19 24 8434 Apr. Feb. 111 Apr. 9034 93 34 6134 9834 Mar. 4 8434 11734 Jan. 18 120 10434 Jan. 23 106 10334 Mar. 9 10534 39 22 10934 26 7734 Jan. 109 4134 7 10434 Feb. 17 107 634 534 Jan. 18 634 534 Feb. 9 1 34 Feb. 3 111 2334 19 9734 Mar. 15 16 135 Apr. 19 17 Sale 4934 Mar. Jan. 30 10734 Jan. 3 109 10934 Feb. 27 11134 Apr. 29 Sale 10434 10534 10334 104 80 Jan. 9 10834 Apr. 13 11134 Apr. 8834 8434 Sale 11134 Sale 8034 Sale 11934 10634 107 10334 10434 66 10834 108 Apr. Sale 10934 Apr. Sale 98 7334 Apr. 30 80 12534 Feb. 27 12734 Jan. 89 119 109 Sale 94 30 9334 Mar. 23 9534 Mar. 14 9634 Apr. 22 16 135 Apr. 19 1 12634 Apr. 29 Sale 7734 Sale 11034 Sale 8034 Sale JX:,? 70 6934 8734 1 5 8 74 34 Apr. 76 7434 9134 Sale 9234 Sale 4 Mar. 12 Jan. 7634 Apr. 30 7034 Apr. Eastern Gas & Fuel 4s A.. 1956 2,613,000 Edison Elec Ilium 3348—1965 343,000 Elec Pow & Lt 5s_ 2030 2 106 4 Sale Sale 8 3 7334 10634 534 634 8 Jan. Sale 96 Jan. 90 23 7034 106 41 4134 Jan. 83 Apr. Jan. Sale 103,000 Delaware Elec Pow 534s..1959 iDetroit Int. Bdge 634S—1952 213,000 iCtfs of deposit 235,000 A25-yr s f deb 7s 1952 190,000 1 4 12 85 75 6134 10 8334 Jan. 25 10734 Jan. 16 31 10134 Apr. 10 19 3934 Apr. 26 Apr. Apr. 9434 Apr. 1 60 29 10034 Jan. 25 91 19 1944 Mar. 2 45 Apr. 1955 Apr. Apr. Apr. Jan. Mar. 29 9834 Apr. 30 9934 Jan. 20 11 10334 Apr. 2 21 2 24 70 34 Apr. 28* 92 8734 7534 10434 9834 3134 24 7 117 26 73 1943 1958 9434 Jan. 10034 Jan. Jan. 2 15134 Apr. Jan. 29 139 6834 Mar. 13 97 4034 8534 9134 Sale Consol Gas Utilities— Jan. 100 45 Sale 140 96 10434 Feb. 74 34 132 Jan. 25 10534 Apr. 23 7634 Sale J an. 7134 Jan. Sale 9234 Mar. 31 Sale 79 110 141 5 73 1969 10334 Mar. 18 12434 Apr. 29 Jan. 9 10934 Feb. 26 116 5 7134 1971 6s A stamped 719,000 Continental G & El 5s 2,819,000 66,000 Cuban Tobacco 5s 706,000 Cudahy Packing Co 334s.. 104 5334 Sale —.—1950 334s series N 53. 104 Sale >nsol G E L & P Bait— see page 104 5 77 " footnote" 10134 Mar. 17 7634 1,028,000 Community Pow & Lt 5s-. 1957 1951 11,000 Conn Ltg & Pow 7s A ansol Gas of Bait 434s... 1954 26,000 6s stamped.... 16 1966 195C 1,000 1958 986,000 5s registered 1958 3,000 5s 1969 459,000 Cities Service P & L 5348-1952 2,360,000 534s gold deb —-1949 1,167,000 63,000 Apr. Apr. Apr. 1966 Conv deb 5s 7,000 634s Erie Lighting 5s 41,000 10 105 4 108 139 141 Chicago 111 Midland Ry— 1956 10434 10534 4Mb series A 112,000 Chicago Junction Rvs & Union Stock Yards 5s_. 1940 10034 Sale 45,000 537,000 l AChic Rys 5s ctfis of dep.. 1927 4634 Sale 84 86 144,000 Cincinnati Street Ry 534s. 1952 291,000 109,000 10 105 Works— 9734 Sale 9434 Sale 10034 Sale 5s registered... 5s— Apr. 10434 Apr. 10734 Apr. 10534 Apr. 16 34 1968 983,000 Birmingham Elec 434» ..1959 513,000 Birmingham Gas 5s 123,000 Broad River Power 5s A.. 1954 5,35l",000 104 105 Apr. 10534 10534 Apr. 22 107 10634 107 108 10834 10834 Sale 10734 Apr. 17 10834 Apr. 3 12734 Apr. 127 Apr. 12634 12734 12734 130 10734 5334 11634 11734 11534 Sale 11634 117 44,000 10234 Apr. 22 10334 Apr. 127 10434 ^Convertible 6s 1950 915,000 Bell Tel of Canada 5s B—1957 5s series C 1960 294,000 1998 202,000 Bethlehem Steel 6s 6s registered 1998 1,000 „ "4",000 1950 399,000 Assoc Tel & Tel 534s A.—1955 55,000 Atlanta Gas Light 434s_—1955 139,000 Atlantic City Elec 334 s—1964 42,000 Avery (B F> Sons 5s w W—1947 5s ex-warr-. -.-—-1947 39,000 Baldwin 73,000 Sale 10234 Sale 104 34 105 10434 Sale 10734 Sale 10634 Sale 2024 registered Arkansas Pr & Lt 5s Associated Elec 434a.- 814,000 240,000 65,000 31,000 69,000 87,000 110,000 70,000 150,000 362,000 336,000 10534 10734 Sale 107\ 10734 Appalachian El Pow 434S-1948 10734 Sale 1st mtge 4s 1963 111 11134 129 2024 126 169,000 X*Assoc Gas 8c Elec 4348—1948 ♦5s deb 1968 2,452,000 5s registered 1968 1,000 ♦434s series O ——1949 2,099,000 434s registered 1949 11,000 ♦534s conv deb 1977 196,000 110,000 39,000 105 104 Appalachian Power 6s 28,000 544,000 1,000 411,000 11,000 36,000 359,000 116,000 23,000 18,000 3,000 5,000 221", 000 104 17 3 57 Apr. May, 1940] HEW YORK CURB EXCHANGE 51 AGGREGATE SALES PRICES IN APRIL Price Jan. 2 NEW YORK CURB EXCHANGE Since Jan. 1 1940 S Bid BONDS (Continued) A First Bohemian Glass 7s«195< April 1 Ask Bid 9834 Sale §££,000 Florida Power Co 4s O 1,390,000 Florida Power & Lt 5«-..-1954 104 Sale 1,000 58 registered-1954 OA n nnn 245,000 179,000 679,000 50,000 761.000 5,000 334,000 Gary Electric & GaS— 5s ext 100 54 stamped....—-1944 Gatineau Power 3 54s A—. 1969 Gen Bronze conv deb 6s—1940 Gen Pub Serv Co 5s......1953 Gen Pub Utilities 634« A—1956 AGen Rayon Ltd 6s A 1948 Gen Wat Wks A El 5s A..1943 10234 10434 Sale Sale 101 8134 9834 Sale 98 >4 Sale 74 Highest Sale Prices I 10234 Apr. 10434 Apr. 99 9834 Sale Sale Sale 10754 7334 AGesfuerel 6s_._---------1953 746,000 Glen Aiden Coal 4s Sale 1965 226,000 Gobel (Adolf) deb 434s—1941 7534 Sale 102,000 Grand Trunk West 7834 81 Ry 4s 1950 7,000 Great North Pow 5sstpd--1950 10734 11034 106,000 Green Mountain Pow 3 348-1963 21,000 Grocery Store Prod 6s 1945 "6034 "62" 26,000 Guantanamo A W Ry 6s—1958 47 50 Guardian Investors Corp— 190,000 5s series A..... 1948 101 Lowest 10 10354 Apr. 30 18 105 Apr. 4 Highest Sale Prices Sale Prices 10654 Sale Sale 73 18 3 102 Apr. Apr. 8534 Apr. Sale Prices 9834 Jan. 103 54 Apr. 30 84 9834 9834 7434 9734 Apr. 4 103 Jan. 4 10, 9954 Apr. 5 10' 7434 Apr. 10 9654 Mar. 7434 Jan. 10054 Jan. 75 Jan. 5 24 11101 96 101 Apr. 4 Apr. 15 102 Apr. 10 8734 Feb. 24 100b32 Apr. 22 102 Feb. 28 Jan. 9554 Jan. Feb. 10554 Jan. 6634 Jan. 7434 Apr. 17 81 4 8 10734 Apr. Apr. 7254 Apr. 7154 Sale 7354 74% 7154 8234 Sale 87 82 8934 79 7734 73 75 74 10754 Sale 10754 11034 10754 10434 104 54 10434 10534 105 61 64 64 62 6234 51 53 49 50 5034 105 Jan. 10054 Jan. 7934 Apr. 4 100®32 Apr. 1 10134 Apr. Apr. Apr. Apr. Apr. Apr. 106 7334 10354 Jan. 10 5 22 15 7934 Apr. 30 Sale 9834 Sale Sale 7934 Sale 100732 100®32 Sale 9934 100 Sale 9934 Sale 7634 74 7634 99 9934 Sale 74 76 , Sale Sale 8534 85 106 >4 66 34 17 71 10354 10434 10134 101 8454 80 1.019,000 Georgia Power ref 5s—1967 229,000 Georgia Pow A Lt 5s —1978 Lowest As k 1 103 Sale 96)4 April 30 As kBid RANGE SINCE JAN. 1 Apr. 7434 Apr. 3 91 Apr. Apr. Apr. 19 7734 Apr. 1 10754 Apr. Apr. Apr. 18 105 34 Apr. 2 Apr. 6354 Apr. 25 Apr. 26 53 Apr. 70 70 10734 Mar. 28 75 Jan. Jan. 74 Apr. 10754 Mar. 103 78 Mar. 13 10854 Mar. 19 10534 Feb. 24 6354 Apr. 25 53 Apr. 4 Mar. 6034 Feb. 50 Mar. 19 7434 Apr. 27 91 Apr. 22 Jan. _ ------ 2,000 54.000 42,000 215,000 101,000 ------ A Hamburg Elec Co 7s 1935 AHamburg E A Und Ry 534s'38 Heller (WE) A Co 4s w w.1946 1534 1434 10254 Houst Gulf Gas 634s x w—1943 6s 1943 Houston Lt A Pr 334» 1966 50 —1949 Int Pow Sec 634s series O—1955 7s series E. 1957 7s series F 1952 Interstate Power 5s -1957 Debenture 6s ---1952 Iowa-Nebraska LAP 5S-.1957 5s series B 1961 Iowa Pow & Lt 434s A 1958 247,000 Isarco Hydro-Electric 7s—1952 412,000 Italian Superpower 6s 1963 5 Sale 50 14 2434 3354 Apr. 75 77 109 10054 10554 10734 [03 104 Sale 9954 Sale 7134 Sale 9954 70 62 6734 68 Sale 70 64 106 .0834 Sale 4134 4334 3754 49 Sale 43 44 4634 Sale Sale Sale 10634 3834 6554 4834 0554 0534 10834 45 3i 110 41 4554 4634 77 77 110 Sale Sale Sale 66 41 Sale 10634 10134 10634 10734 10454 9954 6934 35 Sale 8 3054 Mar. 27 4254 Jan. 5 79 77 77 1 10254 Apr. Apr. Apr. 3 103 3 Apr. Apr. 30 10434 Apr. 20 1 11134 Apr. 19 Apr. 1 81 6 Apr. Apr. 79 1534 10254 10134 10334 10854 10 Apr. Apr. Feb. Feb. Feb. 7 16 Mar. 15 9 103 Jan. 11 3 10354 Jan. 3 Mar. 30 105 Mar. 5 Feb. 29 11134 Apr. 6634 Jan 67 8 2 4 Jan. 45 Sale 66 43 10634 10734 10434 10734 10434 10734 Sale 107 42 353,000 Jacksonville Gas 5s stpd—1942 172,000 Jersey Cent P A L 5s B—1947 202,000 4Hs series O 1961 10334 103 34 105 10534 '5234 53 10234 103 10434 Sale 34,000 Kansas Electric Pow 3141-1966 63,000 Kansas Gas A Electric 6s..2022 105 5i 10634 12534 127 10754 108 12654 127 4834 3734 19 81 Apr. 10 79 Apr. 8 108 3434 Sale 3334 38 3334 37 106 40 Apr. 10754 Apr. 26 109 6 10754 Apr. 26 Apr. Sale 9834 Apr. 17 10134 Apr. 29 9734 Jan. 26 Sale 107 2 107 10534 Apr. Apr. 11 10334 Jan. 25 Sale 1 10754 Apr. 26 10754 107 Apr. 2 10534 Jan. Sale Sale 103 9 10454 Apr. 26 Apr. 10134 Jan. 15 Sale 100 99 8 100 Apr. 5 Apr. 9834 Feb. 21 Sale Sale 68 1 Apr. 8 7034 Apr. 6334 Mar. 27 Sale 68 Sale 1 6734 Apr. 70 8 Apr. 6134 Mar. 23 7134 73 Sale 71 2 Apr. 8 7834 Apr. 6234 Jan. 31 10634 10554 Sale 10554 Apr. 29 10654 Apr. 17 10554 Mar. 27 48 38 37 35 Sale 25 Sale [0834 Sale 97 9834 L043i 105 10554 Sale 2 50 35 77 6634 Sale 6534 67 1949 , 3434 103 — 124,000 Idaho Power Co 3 He 1967 628,000 Illinois Pow A Light 534«~1957 550,000 5 series B 1954 779,000 6s series A 1953 1,134,000 5s series O -.1956 146,000 Indiana Hydro-Elec 5s A—1958 464,000 Indiana Service 5s 1950 465,000 1st lien A ref 5s 1963 148,000 Alndianapolls Gas 5s A 1952 237,000 Indianapolis P A L 3548—1968 Sale 102 10334 10254 10354 103 10354 103 10334 10434 I03J4 Sale 10354 110 Sale 11134 Sale 110 Sale AHungarian-Ital Bk 7H®--1963 134,000 Hygrade Food 6sser A 25,000 6s series B 176,000 155,000 312,000 1,601,000 508,000 145,000 54,000 129,000 3334 30 Apr. 17 3854 34 Apr. 19 4354 30 Apr. 17 4034 Sale 6534 Apr. 30 7134 4434 44 Apr. 29 4934 105 10434 Apr. 29 10634 106 10434 Apr. 25 106 10734 107 Apr. 11 10754 Sale 39 Apr. 19 52 Sale 31 Apr. 17 4154 5 Apr. 1 Apr. 4 Apr. Apr. 15 Apr. 15 3 Apr. 2 Apr. 9 Apr. Apr. 25 5 Apr. 4834 Sale 4834 Apr. 30 52 2 Apr. 10254 10334 10234 Apr. 5 10334 Apr. 10 10454 Sale 10434 Apr. 1 10434 Apr. 29 10634 110 I 12734 Sale 10754 Apr. 12654 Apr. 2 30 34 30 61 40 10934 Feb. 15 10134 Apr. 29 107 Apr. 11 10754 Apr. 26 10454 Apr. 26 100 7334 7254 7834 10934 Jan. Jan. 2 5 5 Jan. Apr. 8 Jan. 22 Apr. 17 Apr. 19 4334 Jan. Apr. 17 Feb. 27 Feb. 27 P llM 16 2 4 Jan. Jan. Apr. Jan. 15 3 12 10434 Apr. 29 10654 Jan. 104 Jan. 107 39 Apr. 24 106 11 109 Mar. 11 Jan. 5 Apr. 19 52 Apr. 25 31 Apr. 17 42 Mar. 45 Jan. 5334 Mar. 11 17 10234 Apr. 25 105 104 Mar. 30 10754 Apr. 2 3 12754 Apr. 20 10554 Jan. 12534 Jan. 1 Feb. 3 10554 Feb. 3 24 10754 Mar. 26 20 12754 Apr. 20 Lake Superior Dist Power— 52,000 154",5oo 314% series A -1966 10554 10634 iLeonard Tietz Inc 734»--l946 15 40 1940 10354 10434 1957 10734 Sale Long Island Ltg 6s 426,000 Louisiana Pow A Lt 5s 107 16 10734 10734 10754 10654 Apr. 40 15 19 108 Apr. 8 10554 Jan. 5 108 Apr. 8 10 105 2 108 Apr. Apr. 9 5 10434 Jan. 3 106 30 108 Jan. 16 Jan. 11 40 10434 10534 10434 105 10434 Apr. 10734 108 10734 10754 10734 Apr. 105 Jan. 67 Jan. 14 9934 Jan. 9034 Jan. 18 AMansfield Mining A Smelt— 7s ex-warrants 22,000 McCord Rad A Mfg 6s 32,000 108,000 79,000 81,000 81,000 134,000 409,000 443,000 173,000 542,000 542,000 106,000 410,000 264,000 374,000 360,000 40,000 46,000 167,000 75,000 827,000 1941 17 25 17 1948 66 70 68 Debenture 434« Mengel Co 414s 1952 1947 Met Edison 4s series E 1971 4s series G 1965 Middle Sts Petrol 634s A—1945 Midland Valley RR 5s 1943 Milwaukee G L 414s Minn Pow & Lt 4 3*s 1st A ref 5s Mississippi Power 5s Miss Power A Light 5s Miss River Power 5s Missouri Pub Serv 5s A 1967 1978 —1955 1955 1957 1951 1960 Nassau A Suffolk Ltg'5s 1945 Nat Pow A Lt 6s A 2026 Deb 5s series B 2030 liNat Pub Serv 5s O O D.1978 98 10034 8634 90 10734 109 108 11034 10054 Sale 6734 Sale 10034 Sale 10234 Sale 106 103 Sale Sale 10354 Sale 110 96 Sale Sale 9934 Sale 11134 Sale 10754 2434 26 2022 121 12454 Nebraska Power 6s 414s Neisner Bros Realty 6s Nevada Calif Elec 5s 1981 1948 1956 32,000 New Amsterdam Gas 5s 1948 765,000 New Eng G A Elec Assn 5s 1947 341,000 5s 107 10834 10854 10534 10734 7954 Sale 121 Sale 6834 Sale 1948 6734 Conv deb 5s 846,000 —1950 68 1,146,000 New Engl Pow Assn 5s....1948 9834 Deb 514s 1,095,000 1954 10034 New Eng Pow Co 3 lis A—1961 24,000 10734 - — Nippon Elec Pow 614s 1953 Nor Amer LAP 534s A 1956 North Boston Ltg Prop 314s *47 Nor Cont Util 534s A 1948 15,000 Nor Indiana G A E 6s—..-1952 1,000 Northwest Elec 6s stpd 1945 167,000 Nor'west Pub Serv 5s A 1957 For footnotes see page 53. 55 65 10234 104 10434 Sale 46 102 10254 10554 10134 103 34 10834 10334 Sale 10354 Sale 106 10634 10634 Sale 103 Sale 10334 Sale 10354 104 10334 Sale 10934 110 109 111 9634 Sale 9634 Sale 48 Sale 9934 Sale 11234 Sale 10754 Sale 2134 2454 127 12734 111 11134 110 Sale 8254 Sale 121 68 10434 71 103 Sale Sale Sale 72 10234 Sale Sale 10834 69 Apr. 5 7134 Apr. 23 10034 101 10054 10134 10034 Apr. 5 10134 Apr. 9134 93 i 91 9434 Sale 95 Apr. 10 Apr. 10734 10834 10834 10954 107 34 Apr. 2 109 Apr. 109 11134 109 11134 10854 Apr. 10 10934 Apr. 9934 100 99 34 Apr. 30 10034 Apr. 9934 Sale 6654 Sale 6534 Sale 6534 Apr. 19 6734 Apr. 6754 6754 New Orleans Public Serv— 58 stamped 107,000 —1942 10234 Sale A6s series A 266,000 1949 10234 Sale 119,000 aN Y Pa A O RR 4 34sstpd 1950 7934 81 N Y 8tate E A G 414s 408,000 1980 105 Sale 414s registered 1,000 1980 3 lis 90,000 1964 20,000 N Y A Westchester Ltg 5s. *54 11234 4s—39,000 2004 97,000 266,000 252,000 105,000 17 71 Memphis Comm'l Appeal— 122 6834 6934 Sale 9854 Sale 10054 Sale 10934 110 101 Sale 10254 Sale 10554 Sale 4434 46 10654 Sale 103 106 10334 105 105 Sale 106 Sale 10034 10234 10554 10134 10334 10834 17110634 Apr. Ill 10354 Apr. 9 10454 Apr. 11 10934 Apr. 11 97 Apr. 10 100 Apr. 30 11254 Apr, 8 10754 Apr. 19 92 13 11 3 16 2534 Apr. Apr. 20 Apr. 2 Apr. 1 83 Apr. 2 5 128 12 111 10 110 17 985 111 106 124 Jan. Jan. 7754 Mar. 2 102 Jan. Jan. 30 19 81 Jan. 57 5 109 Apr. 5 10634 Apr. Apr. 23 6434 Apr. 3 10234 Apr. Apr. Apr. 23 106 Apr. Apr. 29 4734 Apr. 1 10334 Apr. 56 6234 10254 10334 10254 105 Sale 10454 4534 Sale 4534 10254 104 103 Apr. 10534 10634 10434 Apr. 5 103 13 106 83 2 6354 Jan. 25 63 23 Jan. 6234 Jan. 24 94 5| Mar. 5 96 5 Mar. 10234 Mar. 12254 7134 7134 7134 9954 10054 15 110 Jan. Mar. 4 18 7 Mar. 29 Mar. 29 Jan. Jan. Jan. Jan. Jan. Jan. 9 8 Mar. 8 10234 Jan. 10334 Jan. 6 9 9 9 5 6 93 Apr. 30 10554 Jan. 10 Jan. 104 109 19 10534 Feb. 11334 Feb. 10434 Feb 5 8 3 10154 Feb. 10434 Jan. Apr. 22 8 55 45 Feb. Mar. 10534 Mar. Apr. Apr. 110 Jan. 104 106 xvi 128 Jan. 11134 Mar. 19 106 10834 Jan. Apr. 3 100 Apr. 13 11254 Apr. 11 Apr. 3 101 108 Apr. Feb. 98 Jan. Jan. Mar. Jan. 11 1 10134 Apr. 5 103 Apr. 3 93 Apr. 4 11034 Feb. 20 10854 Jan. 121 Jan. Apr. 8 Mar. 1 Feb. 17 Mar. 15 Apr. Jan. 10034 10134 101 Apr. 102 34 Apr. 8734 Apr. 10234 Apr. 22| 70 2 10434 Jan. Jan. 6,10354 8 10634 Jan. Apr. 11 10454 Mar. 18 10454 12134 12254 121 Apr. X§ 12134 Apr. 22 67 34 Apr. 17 6854 Sale 6954 Apr. 6 67 6734 6934 Apr. 18 6934 Apr. 66 34 Apr. 18 6734 Sale 6954 Apr. 9834 Sale 9 9634 Apr. 9834 Apr. Sale 100 98 34 Apr. 11 10054 Apr. 10854 110 10854 Apr. 25 10934 Apr. 10734 108 10834 109 11434 11434 114 10534 10634 Sale 65 Apr. Apr. Apr. Apr. Apr. Apr. 65 1 10434 Apr. 2 10354 Apr. 9954 100 9954 Apr. 112 Sale 112 Apr. 10734 10834 10734 Apr. Sale 25 24 Apr. 128 Sale 127 Apr. 111 11134 10934 Apr. 109 10934 109 Apr. 7934 Sale 7854 Apr. 10434 14)5 103 Sale 87 8734 93 Sale 10234 Sale 10334 Sale 64 95 Apr. 7134 Apr. 23 10134 Apr. 20 3, 95 Apr. 18 107 Feb. 20,10934 Jan. 19 108 Jan. 4 11054 Feb. 2 9934 Apr. 30 10034 Jan, 10 5 103 1 10434 Apr. Apr. Jan. 4 Apr. 22 11454 Mar. 28 10634 Apr. 19 65 103 id ar. 106 Jan. 12 4934 Jan. 10654 Jan 10 103 12 Mar. 25 Apr. 10634 Feb 2 5 20 NEW 52 YORK CURB EXCHANGE aggregate prices in april sales In Since April Jan. 2 1940 Jan. 1 % 32,000 38,000 75,000 39,000 34,000 48,000 31,000 7,000 387,000 6,000 249,000 13,000 43,000 58,000 23,000 46,000 11,000 10,000 115,000 284,000 122,000 106,000 134,000 5,000 11,000 74",666 29,000 12,000 16,000 13,000 3,000 41,000 $ 157,000 376,000 491,000 140,000 101,000 Bid BONDS (Concluded) Ogden Gas Go 5s Ohio Power 3 1962 O da Nat Gas 3%s B 1955 C xla Pow & Water 5s A—1948 184,000 Pacific Gas & Elec 6s B—1941 1948 132,000 Pacific Investing 5s A 44,000 Pacific Ltg & Pow 5s,—.1942 1,725,000 Pacific Power & light 5S..1955 16,000 Park Lexington Bldg 3s_..1964 1,094,000 Penn Cent Lt & Pow 4%s_1977 5s 1979 77,000 204,000 Penn Electric 4s series F--1971 223,000 97,000 160,000 53,000 38,000 711,000 909,000 463,000 282,000 583,000 18,000 83,000 5,000 1,080,000 291,000 12,000 147,000 54,000 18,000 128,000 4,000 April 1 Ask 1945 110% 113 He—....—1968 108 % Sale Ohio Public Service 4s 1962 5s series H Penn-Ohio Edison 6s 109 Sale 107% Sale 103 103% 109% 93 Sale 94 110 112 93% Sale 43% Sale 102% Sale 103% 104% 104% Sale 107% 107% 1950 109% Sale 109 ..—1959 106 Penn Pub Serv 6s 0__ 1947 107% Sale 58 series D 1954 106% 107% 95% Sale Peoples Gas Lt & Coke 4sB.'81 98 4s series D 1961 97% Phila Elec Power 5%s 1972 113% 114% Phila Rapid Transit 6s_._. 1962 95% 94% Piedmont Hydro-Electric Co— 46 43 6%s series A 1960 104% Pittsburgh Coal 6s -.1949 104 Sale Pittsburgh Steel 6s -.1948 100 iPomerania Elec Co 6s—1953 12% 30 Portland Gas & Coke 5S..1940 83% Sale 5s certifs of deposit....1940 83 82% 5s stamped 1950 5%s series B Potomac Edison 5s ser E..1956 4Kb series P—... . 1961 Potrero Sugar 7s stamped.1947 Power Corp of Can 4 %s B. 1959 iPrussian Electric 6s 1954 108% Sale 110 111 49% 51% 88 Sale 14 30 Bid 111% Sale 108% 109 108% Sale 108% Sale 102% 103% 108% 96 Sale 97 109% 110% 94% Sale itm 44 Sale 106% 307% 104% 105 107% Sale 109 109% 107% Sale 107% Sale 107% 108 97% Sale 98 111 100 April 30 Ask Bid Sale 111% 100% 111% 109% 108% 108% 103 Ask 112 Sale Sale 109% Sale Highest Lowest Sale Prices Sale Prices Lowest \ Sale Prices 110% Apr. 16 111% 108% Apr. 9 109% '108% Apr. 3 109% 108% Apr. 2 109 103 Apr. 30 104% 108% 108% 108% 93 94% 93% 109% 111% 109% 95% Sale 94% 42 43% 42% 103% Sale 103% 105% 107% 105% 105% Sale 104% 108% Sale 107% 108% 110 108% 106% Sale 106% 107% 109 107% 106% 108 106% Sale 95% 99% Sale 97% 110% 112% Sale 101% Sale 99% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 15 109 27! 97% 22 109% 1 19 96% 43 1 104% _ 19 106% 21105% 1 108% 10 109% 30 107% 1 108 18 107% 97% 10 19 99% 18 112% 4 101% Apr. Apr. Apr. Apr. Apr. 22 4 18 10 20 110% Jan. 107% Jan. 107% Jan. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1 5 5 23 17 6 3 30 30 23 11 25 5 30 27 30 25 108% 93% 109% 90% 42% 101 % Apr. Feb. Apr. Jan. Apr. Jan. 104 Jan. 8 43% 44% 42% Apr. 23 48% Apr. 47% Sale 106% Apr. 12 106% Apr. 11 106% 106% 106% 107 102% Apr. 25 102 103% 101% Apr. 16 101% 101% 13 91% """" 30 Sale 89% 12 91 30 92 "87" "88% 91% Apr. 89% Apr. 88 Apr. 1 2 19 93 Apr. 90% Apr. 90 Apr. 108% Apr. 4 109 110 Apr. 2 110% 52% Apr. 4 53% 81% 79% Apr. 22 87% 108% 108% 108% 110 Sale 110 110% 110 54 50 85% 87 80% 14 16 13 50 54 4 5 16 15,000 12,000 49,000 5,000 6 % perpetual certificates 151% 155 181,000 1966 107 108% 57,000 Pub Serv of Okla 4s. 98% Sale 2,171,000 Puget Sound P & L 5%s.-1949 5s series C. .1950 98 Sale 616,000 4%s series D 1950 92% Sale 1,611,000 17,000 iRuhr Gas Co 6%s 2,000 ARuhrHousing 6 %sA Sale 153 106% 96% 94% 91% Sale Sale Sale 107 Sale 107% 106% 95% 97% Sale 95% 95% 93% 93% Sale 90% 13 155 Apr. Apr. 1 106% Apr. 9 98% Apr. 16 95% Apr. 10 93% 106 Jan. Highest I 3 19 19 30 18 Sale Prices 111% 109% 109% 109 105 Jan. Apr. Mar. Apr. Feb. 26 4 15 10 13 6 15 110% Jan. 5 5' 97% Apr. 22112 Jan. 22 24| 97% Jan. 11 2 19' 43% Jan. 15 104% Apr. 6 5 107% Mar. 23 7,105% Apr. 30 3108% Feb. 3 5 109% Apr. 23 3 107% Mar. 2 2 108% Jan. 9 18 108% Feb. 16 111 97% Apr. 30 9 99% Apr. 27 _ 107% Jan. 06% Apr. 94% Mar. 96% Mar. Feb. 1 11C% Mar. 20115 96 Jan. 5 101% Apr. 25 41% Jan. 104% Jan. 100 14 Jan. Jan. 83% Jan. 83% Feb. 88 Apr. Mar. 110 Jan. Feb. Apr. Apr. Apr. Apr. Apr. 150 50 24 48 J3 106 J 2 102* 12 14 2 94 Jan. Jan. 90% Jan. Jan. 12 Mar. 1 Jan. 4 109 6 110% Jan. 11 1 13 9 53% Apr. 29 91% Jan. 10 15 Feb. 19 Jan. 1 12 24 100% Jan. Jan. 24 100 Jan. 23 97 11 11 Jan. 5 19 158 106% Mar. 4 108 91 % 8 Apr. 11 Apr. 25 5 16 13 19 Jan. 94% Jan. Mar. 90% Jan. 90 Apr. 86% Mar. 30 14 96% Sale 94 17 14 19% 35 35 109% 110 133 137 11 35 23 14 95 ...... 30 93 Sale 92% Apr. 30 95 Apr. 5 92% Apr. 30 19 35 19% Apr. 12 20% Apr. 5 18] 14] 13 109 108% 109 133 134% 132 Mar. 8 25 89,000 440,000 1,079,000 486,000 252,000 6s 1937 ASchulte Real Estate 63—-1951 Scripps(E W) Co 5%s___-1943 Scullin Steel Co 3s 1951 Shawinigan W &P4%s—1967 4%s series D -.1970 21% 1103% Sale 64 95 65 Sale 95% Sale 91 95% Sheridan Wyo Coal 6s 1947 99% Sale Sou Carolina Power 5s 1957 112% Sale Southeast P & L 6s 2025 Sou Calif Ed 3 %s.-May 1 1960 109% Sale 3%s series B--.July 1 1960 109% Sale Jan. Mar. 16 16 35 Apr. 15 16% Apr. 18 15% 35 26 28 27% 29% 26% Apr. 23 28% Apr. 29 9 102% Apr. 13 103% Apr. 103% 103% 102% 103 Apr. 5 69 68 Apr. 23 70 70 68% 67 88 8 88% Sale Apr. 29 93% Apr. 92% Sale 8 93 Sale 89% Apr. 26 93% Apr. 87% 89 105% 105% 51 105 103 1073 493 52 109 104% Sale 50 94 Sale 94% Sale 101 Sale 101% Sale 111% Sale 112% Sale 108% Sale 109% Sale 108% 109% 108% 109% 94 1 94% Apr. 1 102% Apr. 2 112% 111% Apr. 108% Apr. 20 109% 108% Apr. 19 109% 101 12 92 Apr. Apr. Apr. Apr. Apr. 98% 110% 108% 108% 105 105% 105% 105% Sale 51 51% Sale 106% 108% 106% 107 102% Sale 100% 102 106% 107% 106 107% 57% 59% 58% Sale 9 105% Apr. 20 Apr. Apr. 4 Apr. 30 53 3 106% Apr. 17 106% Apr. Apr. 22 101% Apr. 17 103 Apr. 3 106% Apr. 15 107 60 3 Apr. 6 58% Apr. 105 51 Mar. 67% 67% 67% 66% Sale Sale Sale Sale 67% Sale I 66% Sale 19 28 24% Sale 66 66% IIS 66 65% 19% 73% Sale Sale 74 Sale Sale 73% Sale Sale 66% Sale Sale Sale w Sale Sale Sale 22% 66 1 Apr. 2 66% Apr. 1 66 Apr. 1 65% Apr. 66 1 Apr. 1 65% Apr. 18 Apr. 19 32 44 50 35 25 30 35 26 37 Sale 33 25 Apr. 20 Apr. 27 42 Sale 37 Sale 30 Apr, Apr. Apr. Apr. Apr. Apr. 74% 74% 74% 74% 74% 74% Apr. Apr. Apr. Apr. Apr. Apr. Apr. 26 29 29 29 29 29 29 274,000 598,000 278,000 30,000 480,000 908,000 143,000 16,000 83,000 1,000 17,000 87,000 318,000 17,000 351,000 47,000 91,000 78,000 34,000 6 %s series A Texas Elec Service 5s Texas Power & Lt 5s 44% Sale 1953 1960 104% Sale 1956 107% Sale m6s... 2022 444,000 115 Sale Tide Water Power 5s A.-.1979 102% 102% 62% Sale Twin City Rap Tr 5%s A-1952 105% 106 106% Sale 116% 119 101 Sale 65% Sale 105% Sale 105 105% 106% 106% 116 118% 119 98 98% Sale 68% Sale 65% 50 105 99 244,000 2,000 28,000 353,000 891,000 83,000 1,388,000 209,000 216,000 193,000 179,000 68 4th stamped 9 1950 United Elec of N J 4s 1949 United Elec Service 7s 1956 AUnited Indus6^s 1941 * 1st 6s --.1945 United Lt & Pow 6%S-__-1974 Deb ©a 1975 5%s 1959 United Lt & Rys(Del) 5%s 1952 United Lt & Rys (Me) 6s A1952 Deb 6s series A__ 1973 Utah Power & Light 4%s_1944 6s series A 2022 — tl* 16 85 12 Sale 118 117% Sale" 11 10% 118% Sale 42 Sale 36 30 30 20 19 25 18 87 82% 84% 81% Sale 83% Sale 107 Sale 93 118 80 Sale Sale 109 92% 116 30 110 Sale Sale 18 90 87% 108% 93% 118% 86% 100% 100% 10% Apr. 118% Apr. 36 40 Apr. 21 25 Apr. 30 18% Apr. Sale 83% Apr. 89% 81 % Apr. 109 108% Apr. Sale 90% Apr. Sale 116 Apr. Sale 81 Apr. Sale 98% Apr. Sale 99% Apr. Jan. 17 106% Apr. 50 Jan. 3 49 Jan. 19 17 23 11 3 1 9 19 1 42% Apr. 21 Apr. 19 Apr. 91 Apr. 89% Apr. 110 Apr. 93% Apr. 118% Apr. 89 Apr. 100% Apr. 101 Apr. 5 23 3 26 26 8 30 30 27 Apr. 74% Apr. 29 19 74% Apr. 29 24% Feb. 5 46% Mar. 28 30 Mar. 16 Jan. 30 Apr. 18 46 104% Jan. 18 106% Mar. 106% Apr. 29 108% Jan. 115 Jan. 2 119% Apr. 98 Apr. 27 103% Jan. 69 Apr. 62% Jan. 8 Feb. 117% Jan. 34 20 6 19 3 1 60 19 10 23 30 Mar. 14 Jan. 19 Jan. 22 Jan. 19 Jan. 12% Apr. Jan. Jan. 19 Jan. 24% Jan. 9 118% Apr. Mar. 18 Jan. 49% Jan. 29 1 Apr. 3 Apr. 4 Apr. 23 119% Apr. 26 5 27 101% Apr. 1 69 Apr. 16 Mar. 12 74% Apr. 26 74% Apr. 29 74% Apr. 29 74% Apr. 29 30 Apr. 17 20 105% Mar. 28 12 53 Mar. 12 10 106% Apr. 17 Jan. 6 2 1053 Feb. 5 15 108] 42% Apr. 18 42 9 106 29 107 29 Jan. Jan. Feb. Mar. 20 22 tUlen & Company— 44 ,000 I1 48 48 48 49 18 Terni Hydro-Electric Co— 83,000 140,000 63,000 2,000 167,000 305,000 15 Feb. 29 95% Jan. Jan. 31 102% Apr. 6 112% Jan. Jan. Apr. 20 110% Jan. Apr. 19 110% Jan. 104% Jan. Standard Gas & Electric— 2,214,000 6s stamped—— 1948 1,720,000 68 conv stamped 1948 2,437,000 6s 1951 2,091,000 6s gold debs —-1957 2,197,000 6s 1966 2,388,000 Stand Power & Lt 6s 1957 285,000 AStarrett Corp 5s 1950 Stinnes (Hugo) Indus— 50,000 7s 2d stamped 1940 39,000 7s 2d stamped 1946 5 99 20% Mar. 28 23 Jan. 24 29% 4 104 102% Jan. 3! 72% 63% Jan. 88 Apr. 29 98% 89% Apr. 26 97% Southern Counties Gas 155,000 of California 4%s 1968 287,000 Southern Indiana Ry4s—-1951 183,000 S'western Assoc Tel 5s A..1961 238,000 Southwestern P & L 6s. — -2022 71,000 S'western Pub Serv 6s A_ .1945 260,000 ASpalding (AG) & Bros 5s 1989 10 9 109% Jan. 3 3 109% Apr. 12 107% Jan. 109% 108% Apr. Apr. 10 Apr. 10 132% Mar. 25 136 134% Apr. 10 136 ASaxon Public Works— 6,000 114,000 280,000 125,000 44,000 24,000 23,000 1953 -.1958 292,000 Safe Harbor Water Pr 4%s 1979 11,000 San Joaquin L & P 6s B—1952 6,000 30,000 87,000 237,000 593,000 437,000 480,000 410,000 766,000 908,000 753,000 555,000 104,000 1 \ 119,000 Queens Boro G & E 5%s_.1952 4,000 4,000 20,000 22;000 130,000 83,000 23,000 82,000 89,000 43,000 10,000 27,000 154 153 103% Mar. 107% Jan. 107% Feb. 108 16 Sale 106% Jan. 102% Jan. Apr. 22 Apr. 11 Apr. 29 Apr. 8 Public Service Co of N J— 66,000 8,000 495,000 169,000 335,000 range since jan. Price NEW YORK CURB EXCHANGE Apr. Jan. 17% Jan. 77% Jan. 75 Jan. 107 Jan. 88 Jan. 115 Mar. 74 Jan. 20 11 24 24 2 19 26 5 16 12% Mar. 11 3 118% Jan. 45% Jan. 17 11 3 20 21 19 5 Apr. 23 19% Feb. 91 Apr. 89% Apr. 110 Apr. 93% Apr. 26 26 8 30 Feb. 7 31 4 119 RQ 24 28 30 Apr. 27 98% Mar. 26 100% Apr. 29 2 101% Jan. 15 99 Jan. 83,000 35,000 61,000 367,000 Virginia Pub Ser 5%s A.-.1946 102% Sale Sale 197,000 6s 1946 100 282,000 5s series B 1950 100% Sale 102% 103 100% 101 102% Sale 103% Sale 6 2 103% Apr. 102% Apr. Sale 99% Apr. 11 101% Apr. 27 103% 102% Apr. 10 103% Apr. 29 6 101% Mar. 2 103% Apr. 97% Jan. 29 101% Mar. 19 100% Jan. 2 103% Mar. 29 93,000 5,000 Waldorf Astoria Corp— 412,000 a5s income deb 1954 35,000 Wash Ry & Elec 4s —-1951 8% Sale 109% 112 8% Apr. 7% 7% Apr. 17 7% 4 109% Apr. 26 109% Apr. 109% 112 3 7% Apr. 17 10% Jan. 108% Feb. 3 109% Apr. 26 55,000 15,000 16,000 10,000 66,000 179,000 Conv deb 6s .—.1944 66,000 West Penn Elec 5s 2030 33,000 West Penn Traction 5s—1960 35,000 Wheeling Elec Co 5s 1941 197,000 Wisconsin P & L 4s A—..1966 52% 106% 115% 104% 105% 6 Apr. 16 56% Apr. 2 9 107% Apr. Apr. 1 116% Apr. 30 Apr. 6 Apr. 30 104 Apr. 1 107 6 Apr. Apr. 60% Feb. 23 108 Feb. 29 8 116% Apr. 30 Jan. 23 103% Apr. 30 105 Mar. 19 105% Jan. 15 107 32,000 45,000 39,000 238,000 Yadkin River Power 5s 1941 103!000 t AYork Rys Co 5s —1937 104% Sale 104% Sale 103% Apr. 10 104% Apr. 30 98 96 5 97% 98 Apr. Apr. 23 2 5 98 98 Apr. 98% '97% Apr. Jan. 2 103% Apr. 10 105 98 Apr. 23 94 Feb. 23 3 95% Feb. 27 98% Jan. 80% 99 Sale 99 Sale 10% Sale 107% 109 80% 98% 99% 82 Sale Sale 101 103 2 1 19 29 Western Newspaper Union— 148,000 5s stamped—— 1947 97 97 Sale 107 119 Sale Sale Sale 98 55% 107% 114% 103% 106% Sale 55% Sale 107% 106% 108 Sale 116% Sale 105 103% Sale Sale 106% Sale 104 Sale 95% 96 97 98 54% 106% 114% 103% 106% 5214 Jan. 106% Jan. 114 Mar. / For footnotes see page 53. Since April RANGE SINCE JAN. PRICES IN APRIL NEW YORK In 53 NEW YORK CURB EXCHANGE MAY, 1940] AGGREGATE SALES 1 Price „ Jan. 2 Jan. 1 CURB EXCHANGE 1940 Bid April 1 Ask Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 30 Ask Bid Ask FOREIGN GOVERNMENT AND MUNICIPAL 2,000 2", 006 Agricul Mtge Bk Rep of Col—420-year 7s Apr 1946 17,000 "15",006 26 % 22 35 26 35 35 22 29 % 26 28 35 35 22 22 35 22 11 25 11 11 25 25 11 25 11% 11% 11% 11% 10% 10% 25 25 25 25 25 25 35 25 35 26% 30 deposit—1946 Jan 15 1947 47s certifs of deposit. r-1947 46s ctfs of deposit 1947 Antioquia (Dept) Colombia— 47s A ctfs of deposit 1945 47s B ctfs of deposit 5,000 1945 25 25 47s C ctfs of deposit 1945 47s D ctfs of deposit 1945 47s 1st ser ctfs of dep—1957 9% 9% 9% 9% 8% 1,000 3,000 1,000 3,000 18,000 39,000 14,000 17 Apr. 22 15 Jan. 20 14 18 10 10 35 10 40 10 30 13% 16 13% Sale 11% Feb. 17 11% Jan. 30 40 (Colombia)— Rep of 1948 10% 12 1948 12 25 10 25 10 25 10 25 10 35 35 14 35 13 35 13 25 26 40 22 40 22 70 50 50 70 20 65 40 60 19 6 10 AHanover (City) Ger 7s...1939 4Hanover (Prov) 6%s 1949 4Lima (City), Peru, 6%s_. 1958 iMaranhao ?State) 7s 1958 34,006 4Medellin (Colombia) 7s..l951 47% ctfs of deposit 1951 46 %s ctfs of deposit 1954 Mortgage Bank or Bogota— 47s issue of May 1927—1947 47s ctfs of dep (May)—1947 10,000 47s issue of Oct 1927 1947 47s ctfs of dep (Oct)....1947 Mtge Bank of Columbia 3,000 *6%s ctfs of deposit...1947 5,000 12,000 62 ,000 41,000 137,000 72,000 73,000 1.000 3,000 32,000 5,000 AMtge Bank of Chile 6s—1931 Mtge Bank of Denmark 5s 1972 AParana (State of) .Brazil 7s '58 ARio de Janeiro 6%s 1959 ARussian Govt 6%s 1919 a6Ms registered 1919 a5MS 1921 Santa Fe (City) Argentina— a7s stamped 1945 ASantiago (Chile) 7s. 1949 47s 1961 n No par value, Sold under the rule. a Deferred delivery sale, r 8old for cash. 9 Apr. 1 40 51 % 16 13% Apr. 25 14 Apr. 22 40 12% 12% 11 30 10 Prov Banks 6s B 1951 46s A 1952 Colombia (Republic of)— 46s ctfs of dep (A & 0)._1961 1,000 6,000 22,000 76,000 "5,000 Ex-dividend. Bonds being traded flat. t Reported in receivership. i 12% Feb. 11 11 40 3.000 • 17 29 30 10 49,000 Danish Cons Munic 5%s__1955 5s 1953 17,000 4Danzig P & Wat'way Bond— ^external s f 6%s. 1952 11,000 50,000 4German Cons Munic 7s..1947 46s 1947 20,000 ' 15 13 Jan. 12 35 1,000 13,000 16,000 Feb. 28% Feb. 12 30 15 8% 47 %s ctfs of deposit—1946 4Cent Bk of German State & 4,000 9 Apr. 19 29 12 47s ctfs of deposit ~i",65o 26% Apr. 26 Jan. 16 a7%s ctfs of deposit— 1946 1,000 9 19 12 25 ser iCauca Valley (Dept of) Colombia extl s f 7s 37,000 11,000 4,000 Apr. 11% Feb. 17 11% Jan. 30 10 10 47s 3rd Caldas 19,000 1.000 26 35 2,000 4Baden (Germany) 7s 1951 Bogota, City of (Colombia)— 488 ctfs or deposit 1945 8,000 29 19 12 % Feb. 26% Apr. 25 12 25 25 25 13% ctfs of dep—1957 3,000 1,000 6,000 15 Apr. 35 35 26% Jan. 26 35 26 % 22 26% 47s certifs of 420-year 7s Abbreviations Used Above: "cod" certificates of deposit "cons" consolidated. "conv" convertible. 42% 5 12 % 12 10 Feb. 29 14 Feb. 29 "5 16 Apr". "5 14% Feb. 13 16 Apr. 5 18% Apr. 23 Apr. 9 52 Jan. 8 25 49 Mar. 13 7 Jan. 30 Mar. 14 18% Apr. 23 Apr. 9 30 25 25 Apr. Apr. 9 9 10 6 14 1§* 12* 20 13 12% 13% 12% Apr"." 11 13% Apr. 5 14 Apr. 13% Apr. 13 8 Sale 11% 11% 10% 13% 13% ! 10 25 11 11 11% 20 9% Sale 9% 10 % 14% 16% 25 20 11 14% 14 12 3 12 11 Sale 10 14 12 25 10 25 Apr. 24 25 10 25 8 8 30 15% A~p"r. "8 10% Apr. 8 12 Apr. 19 11% Apr. 24 Apr. 13% Apr. 19 10 26% Apr. 26% Apr. 3 12 11 Apr. 23 Jan. 11 9% Jan. 2 10% Jan. 4 11% Apr. 24 14 13% Apr. 10 Apr. 24 12% Feb. 7 10% Apr. 8 13% Mar. 25 11 15 Jan. 24 3 20 12 4 3 8 12 Apr. 24 20 10% Mar. 12% Jan. 12% Jan. 20 28 26% 28 26 24 35 22 40 22 3o 26% 35 26 Jan. 27 26% Apr. 26 28 26 Feb. 24 26% Mar. 20 40 26% 40 26% 24 35 22 40 22 21 35 20 40 20 40 25% Apr. 14% 42% 18% 53 10% 13 18 13% 20 30 47 17 16 16% 10% % 12 3 13% Apr. 16 Apr. 14 Apr. 8% Apr. % Apr. 9 7 % H 8 Sale 9% % 70% 13% 13% % ..... 26 8% % 16% Sale %> 2 15 19 17 % 25 % Apr. % 16% 25 12 25 16 Apr. Apr. 9% Apr. % Apr. 10 5 4 16 19 % Apr. 17 17% Apr. 10 "cum" cumulative. "m" mortgage. "n-v" non-voting, voting trust certificates. "w i" when issued "w w" with warrants. "x-w" without warrants, a Deferred delivery sales, in which no account Is taken in computing range, are given below: Atlantic City Elec. 3%s, 1964, April 19 at 110%. 25% Apr. 13% Apr. 15 81% Abbreviations Used Above: "vtc" 25% Apr. 2 17 17% Apr. Bickford's Inc. 10 Jan. 2 19 Apr. 19 Jan. Jan. Jan. 13 Feb. Jan. 28 4 11 9% 7% % % % 6 2 2 13 13 20 Jan. 31 16 Feb. 6 Mar. Mar. Mar. Mar. Feb. 14% 46% 16% 10% •2. 16 77% Feb. 14% Jan. 14% Jan. 25% Apr. 1 11 7 17% Mar. 28 17% Mar. 11 79 Mar. pref., April 25 at 39%. 1960, April 20 Piedmont Hydro-Electric 6%s A, at 42. n Under the rule sales, in which no account Is taken in computing range, are given Green Mountain Power 3%s, below: 1963, April 3 at 106%. Cash sales, in which no account is taken In computing range, are given below: r No sales. Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales 1940 April— Jan. 1 to Shares_ April 30 1939 762,000 2,436,000 .. Bond Sales f652,000 2,678,000 1940 April 1939 $89,000 Jan. 1 to April 30. $117,000 869,000 589,000 AGGREGATE SALES In April CHICAGO STOCK EXCHANGE Since Jan. 1 PRICES IN APRIL 1940 Bid $89,000 $589,000 Commonwealth Ed 3%s.. 1958 Shares Shares 851 STOCKS April 1 Ask 128 % 128% 90 350 592 40 720 3,815 44,600 5,050 14,850 450 600 240 1,650 1,100 35,450 16,510 1,700 8,789 500 2,700 6,550 24,364 290 950 1,110 1,250 3,150 1,500 4,550 250 70 1,700 5,055 786 230 Campbell Wyant & Cannon Foundry capital 3,166 3,200 520 560 1,230 715 300 20,900 1,500 1,100 576 100 40 80 618 2,229 4,700 5,050 1 - 8,120 Cities Service Co common 6,600 Club Alum Utensil Co com 870 Coleman 8,476 227,275 8,150 2,600 19,560 780 1,570 160 280 Lamp & Stove com..* Com'wealth Edison com....25 Compressed Indus Gases cap .5 Consolidated Biscuit com 1 Consolidated Oil Corp * Consumers Co— V t c pref part shares 50 50 Com part shs v t c A Common part shs v t c B 730 5,255 Container Corp of Am com 1,064 Continental Steel common Preferred.. 210 640 2,805 477 160 10 * * 20 % 6% 3% 770 1,550 60 600 10 6% 16% 10% 17% 31% Sale 10 10% 4 Sale 23 Sale 25% 21% Sale Sale 18% 4% 11% 17 4% 10% 13 2% Sale 7% Sale 21 20% 14% 15% 21% 11% 14 82% Sale 20 7 6% 34% 11% 3% 19% 23% 22% 1,250 30 40 843 40 Common 3,339 Deere & Co 113% Sale 70% Sale 3% A* 20% Sale 13 For footnotes see page 56. 34 19 95 173% Sale 14% Sale 15% 1% Sale 42 Sale 4% 1% \K Sale *8 Sale Sale 7 19 Sale Sale IK Sale Sale Sale 3 Sale 23% 35 32% Sale 12% 14% 2% " 3% 7% Sale 3% 4% 2 * VA 16% Sale 107 30 23% *24"" 61 Sale 18% 2 18% 18* ill 23 2% 73 Sale Sale Sale 22% Sale 18% 18% 9% Sale 19 Sale 18 19 82 Sale % 7% m* 55% 5% 19% 12% 10% 18% A* 19 M <i« % 73 10% 87% 5% 3% 35 32% 15% 2% 7% 4 1 % 84% 2% 22% 18% Sale Sale 23% 21 19 13% 12% 1% Sale 36% Sale 36 80 79 1 % <i« 2% % 110% 116% 114 "75% 74 74% 10% 10% Sale 10% Sale 86 Sale 85% 16% 3% Sale 4% 2% 1% 16% 2% 35 12 Sale 3 22 26 17 4 18 1 1 8 2 1 29 1 29 19 15 16 1 19 22 9 30 16 5 26 30 23 Apr. 3% Apr. 4 Apr. 12% Apr. 19% Apr. 11 Apr. 21 Apr. 37% Apr. 19% Apr. 97 Apr. 175% Apr. 7% Apr. 15% Apr. 1 % Apr. 44% Apr. 5% Apr. 1 % Apr. 1 Apr. % Apr. 8% Apr. 4% Apr. 126% % 5 1 % 8% % 29 114% 1 18 16 58 6% 1 21 1 12% 1 % 36% 1 5 24 11 8 13 8 15 8 9 5 9 24 27 17 1 Highest Sale Prices Jan. 15 131 84 8Apr! Jan. Apr. 15 9 30 11 4 Jan. 4 1 4 Jan. 15 18 14 Feb. 21 10 Jan. 37 Jan. Apr. 26 1% Apr. 17 1 Feb. 15 6 16 3% Jan. Mar. 18 Jan. 10 21 , Feb. 2% 2% 28 13 22 22% 2% Apr. 10 19 13 16 22 9 2% Apr. 4 35 10 17 23 Apr. 22% Apr. 11 23 Apr. Apr. 23 9 2 3 Mar. Apr. Jan. Feb. 3 17 Jan. 37 Jan. 84 120% Feb. 77 2 13, Jan. 11 6% Jan. Apr. 12 21 13 4 Jan. 2 1% Jan. 12 Feb. 9 Jan. Apr. 4 Jan. Jan. %. Mar. % Jan. 15 8 116 Apr. 26 75% Apr. 19 11% Mar. 25 69% Jan. 8% Feb. 91 79% Jan. 2 2 35 Jan. 8 31 Jan. 15 13% Jan. 5 2% Apr. 22 7 Feb. 5 % Mar. Mar. Jan. Jan. 5% Apr. 3%. Mar. 38 Apr. 33 Apr. 16% Mar. 3% Jan. 8 4% 1% % 19% 3% Apr. 1 Jan. 3 30 12 15 8 7 26 Jan. 3 Feb. Jan. Jan. 8 13 13 Apr. 24 33 Apr. 9 110% Mar. 20 108% Apr. 19% Apr. 4 24% Jan. 71% Apr. 27 19 Feb. 2 Jan. Apr. Mar. Mar. Jan. 1% Jan. Jan. Apr. Apr. Apr. Jan. 36 2 31 8 Apr. 19% Feb. 23 5 Jan. 12 19% Jan. 31% Jan. Feb. 11 Feb. 15 Apr. 2 Apr. 26 8% Apr. % Jan. Jan. Feb. Feb. Jan. 16% 1% 16% 29% 1 Jan. 10 11% Jan. 11 85% Apr. 25 4% 18% 10% 1% 59 8 15 16 19% Apr. 20 Mar. 25 4 Feb. Apr. Apr. Apr. 20 Mar. 30 11 7 31 18 20 54 15 Jan. 22% Apr. 112 67 4 17 Mar. 11 Jan. 31 5% Feb. 11% Feb. 19 Apr. 4% Mar. 7% Jan. 23% Apr. 20 % Jan. 6% Jan. % Mar. 30 22 7% 18% 11% 18% 11% 5% 36% 11% 4% 2.3% Jan. 30 8% Feb. 14 78% Mar. 16 Sale 8 7 2% 1% % 8% 4% Apr. 24 Apr. 25% Jan. 23 18 7% 15% 1% 45% 18 22 9 13% Jan. Jan. 4 19 3 3 17 20 Jan. 3 Apr. 1 Apr. % Apr. 17 19% Apr. 24 33 9 Apr. 110 Apr. 11 22 8 Apr. 71% Apr. 27 18 6 Apr. 2 4 Apr. 18 4 Apr. 30 Apr. 22 3 3% Jan. 17% Mar. 21% Mar. 20 Apr. 17 Apr. 3% Apr. 9% Mar. 14% Feb. 2% Jan. 6% Mar. 26 4 3 6% Apr. 18% Apr. 9% Jan. 17 Apr. 8% Jan. 4 Apr. 29 27% Jan. 15 3% Sale 36% 37 32% Sale 14% 15 2% 3 7% Sale 1 16 18 % Apr. Feb. 3% Apr. 1 1% Apr. 1 % Apr. Sale 16% Apr. 31 29% Apr. 110 108% Apr. 20% 19% Apr. Sale 69 Apr. Sale 16% Apr. 2 1 % Apr. 16% 16% Apr. 32 30 Apr. 12 5 1 Jan. 15 175% Mar. 12 23 Mar. 16 2 Jan. 4 3% 3 8 11 1 6 100 Jan. Jan. 6 8 15 20% Jan. Feb. Mar. 5% Apr. 30 1 3% Apr. 38 Apr. 15 33 8 Apr. 16 4 Apr. 3 8 Apr. 8 8 Apr. . Apr. 41% Jan. 19 3 4% Apr. 5 3% Apr 37 5 Apr. 32% Apr. 16 14% Apr. 18 2% Apr. 22 7% Apr. 20 Sale Mar. 21 89 167% 5% 13% % 15 20 « Feb. 1 12 19% Feb. 29 33% Apr. 18 18 5 8 Jan. 109 18 3 Apr. Feb. Jan. Apr. Apr. 26 75% Apr. 19 11% Apr. 25 90% Apr. 10 6 Jan. 51% Apr. 11 Apr. 3% 2% 11% 18% 1 22 116 70% Jan. 2 145 4 8 Apr. Apr. 17 Apr. 11 4 Apr. 8 Apr. Apr. 30 Apr. 12 3 Apr. 4 Apr. 2 Apr. 4 Apr. 11 26 Mar. 20 45% Mar. 27 8 19% Apr. 20 8 19% Apr. 10 5 Apr. 85% Apr. 25 8 67 144 15 22 7 Apr. 2 18% Apr. 2 11% Apr. 26 18 Apr. 3 11% Apr. 4 3 5% Apr. 9 36% Apr. 2 11% Apr. 3 4% Apr. 9 22% Apr. 4 24% Apr. 22% Apr. 18 Apr. 4% Apr. 10% Apr. 19 Apr. 3% Apr. 16 Apr. 2 3 23% Apr. 4 12 40 Sale 1 2 3 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 82 20 Sale Sale 9 2 19 Sale *A 18 10 Sale 78 1 8 18 Apr. Apr. Apr. % % 7% 8% 7% % Sale % Sale 112% 113% 112 Sale 58 55% 54% 5% 5% Sale 4% 36% 80% *A 2% 11 18 Sale 11 1 17% Apr. 7% 32 25 10 Sale % 18% 30% Sale 29% 108% 110% 109% 20% Sale 19% 65 70 71% 17% Sale 16% 3% 1% 1% 17% Sale 14% 16 Sale 6 % Apr. 18% Apr. 10% Apr. 17 Apr. 11 Apr. 4 Apr. 33% Apr. 10% Apr. 3 % Apr. 19% Apr. 22% Apr. 20 Apr. 17 Apr. 3% Apr. 9% Apr. 18% Apr. 3% Apr. 6% Apr. 22% Apr. 10 Sale pref. * 23% 2\H 22% 31 1% Sale Sale 110 4% 4% 23 79 71% Sale Sale 2% Sale Sale 3% 9% 17% 3% 6% % Sale Sale 4% 17% Sale Sale Sale 36 70 Sale 7 20 Sale 4% 9% 17% 3% 6% Sale 8% 90% i?* 10% 16% 11% 4% 33 y, 6 11 16 Sale 108* 5 Sale % 7% 4% Apr. 3% Apr. 3% Apr. Sale 11 % Apr. Sale 18% Apr. 11 11 Apr. 21 20% Apr. 34% 33% Apr. 19% Apr. 19% Sale 92% Apr. Sale 172% Apr. Sale 5% Apr. Sale 14 Apr. 1% Apr. Sale 43 42% Apr. 5 5 Apr. 1 % Apr. 1% 1 1% Apr. % Apr. C 3V» Sale 6% Apr. Sale 3% Apr. 10 4 20 72 100 * J Sale 10 20 11 Sale Sale 36 100 conv common 11% 20% 36% 19% 3 Sale Sale 28 -i.----.10 Preferred Deep Rock Oil Corp 9% 4 18 Decker (Alf) & Cohn— 500 10 Sale 4% * 25 4,705 Crane Co common 1,730 Cudahy Pack Co 7 % cum pf 100 5,050 Cunningham Drug Stores..2% 240 Curtis Lighting Inc common..* 2,850 Dayton Rubber Mfg common.1 Cum class A pre? 772 35 1,461 8 o 1 - 490 500 Cent 111 Secur Corp— Common Convertible preferred. * 95,800 Cent & S W Util com (new) 50c Prior lien preferred 2,030 * Preferred * 3,880 2,880 Central States Pr & Lt pref..* Chain Belt Co common * 1,880 3,150 Cherry Burr ell Corp com 5 1 67,000 Chicago Corp common Convertible preferred * 5,330 3,500 Chicago Flexible Shaft com..5 4,693 Chicago & N W Ry com 100 360 Chicago Ry pt ctfs "I" 100 200 Chicago Towel Co conv pref..* Common capital 210 * 3,373 Chicago Yellow Cab capital- .* 9,467 Chrysler Corp common 5 3,100 1,300 51,900 1,550 * 1,560 Castle & Co (A M) common.10 2,030 Cent Cold Storage Co com..20 9,220 Central 111 Pub Serv pref * 300 150 2,450 1,100 7,450 1 10 30 9 51% Apr. Sale 172% 5% 13% 1% 44% 5% 1% 1 common * common 1 Barlow & Seelig Mfg A com..5 Bastian-Blessing Co common.* Belden Mfg Co common-. 10 Belmont Radio Corp * Bendix Aviation Corp com 5 Berghoff Brewing Corp 1 Binks Mfg Co capital —1 Bliss & Laughlm Inc com 5 Borg-Warner Corp common..5 Brach & Sons (E J) capital * Brown Fence & Wire cl A pfd. * Common 1 Bruce Co (E L) common.. 5 Bunte Bros common 10 69% Apr. 48% Apr. 30 12% 18% 19 3 5,950|Burd Piston Ring common 15,800 Butler Bros common... 29,394 5% cum conv pref-- 1,820 15 67% Apr. 30 Sale 92 1,060 Backstay Welt Co 250 Barber Co (W H) 2,100 4,950 3,150 5,600 Apr. Lowest Sale Prices Sale 48% 18% 2,130 Automatic Washer common--3 450 Highest Sale Prices 67% Sale 3% 10% 184 Auburn Auto Co common...-* 650 Automatic Products com 5 cap 69% Sale 36 250 Ask 129^ 130*1129% Apr -2 131 9% 3% 3% 12% 2,334 Allis-Chalmers Mfg Co—. * 150 Altorfer Bros conv pref * 3,800 American Pub Serv pref 100 13,943 Amer Tel & Tel Co capital.. 100 67,510 Armour & Co common.--—.5 10,450 Aro Equipment Co com -1 36,950 Asbestos Mfg Co common 1 1,600 Associates Invest Co com— * 3,900 Athey Truss Wheel capital. .4 27,286 Aviation Corp (Del) 41,770 Aviation & Transport Sale Lowest Sale Prices April 30 * Ask Bid Sale 20 47 2,700 8,525 3,110 129% 25 300 1,830 15,038 28,900 Class A 450 1 67% 8,520 Advanced Alum Castings 5 6,400 Aetna Ball Bearing common._1 17,750 Allied Laboratories common--* 550 Allied Products Corp Com 10 50 Btd 49 959 Adams Oil & Gas Co com.---* 3,700 1,750 3,200 ,100 1 par 6,006 Abbott Laboratories com * 170 4% % cum conv pref 100 1,486 Acme Steel Co common 25 1,390 Adams (J D) Mfg common--.* '""763 RANGE SINCE JAN. Price Jan. 2 BONDS 26 2% Mar. 30 23 8 Feb. 8 11% Apr. 23 % Jan. 23 4 MaYj 1940] CHICAGO STOCK EXCHANGE 55 AGGREGATE CHICAGO STOCK EXCHANGE SALES PRICES IN APRIL STOCKS 1940 Shares PaJ 130 De Mets Inc preferred * o Diamond T Motor Car com—2 Dixie-Vortex Co common——* Class A * Dodge Mfg Corp common—* Eddy Paper Co. (The)------* El Household Util Corp—--5 Elgin Nat Watch Co -15 Fair (The) preferred 100 Fairbanks Morse common-.-* Fitz Simons & Connell Dredge & Dock Co common -* Four-Wheel Drive Auto.---10 Fox (Peter) Brewing com.—-5 Fuller Mfg Co common 1 20 1,697 1,350 1,700 4,100 17,750 5,300 Gardner Denver Co com(new) * $3 cum conv pref (new)—20 100 1,578 General Amer Transp com—5 5 1,150 General Candy class A 4,850 General Finance Corp com—1 5,082 General Foods common..—--* 26,793 General Motors Corp com—10 3,806 General Outdoor Aav com—* * 2,856 Gillette Safety Razor com 3,650 Goldblatt Bros Inc common..* 6,152 Goodyear Tire & Rub com—* 4,850 Gossard Co (H W) common..* 18,550 Great Lakes Dr & Dk com—* 6,189 Hall Printing Co common—10 630 Hamilton Mfg cl A part pref. 10 750 Harnischfeger Corp common. 10 9,200 Heileman Brewing Co G cap.. 1 3,050 Hein Werner Motor Parts—3 25 50 Heller preferred (w w) 1,090 mbb-Spencer Bartlett com..25 1,060 Horders Inc common..—...» 900 Hormel & Co (Geo A) com— * Houdaille-Hershey— 16,827 3,150 2,155 7,350 5,515 3,750 1,913 1,256 5,247 Class B Hub bell, Harvey, Inc com.. .5 Hupp Motor Car common 1 Illinois Brick Co capital 10 Illinois Central RR com... 100 Indep Pneum Tool s t c new--* Indiana Steel Prod com 1 Inland Steel Co capital * Internat Harvester common..* 70 Interstate Power $7 pref * $6 preferred. 260 ...* 1,170 Iron Fireman Mfg Co v t c—* Jarvis (W B) Co new capital—1 15,526 * 3,950 Jefferson Electric Co com ask 9 8 11 % 9 Sale 3354 3454 13 15 Sale 900 50 100 1,720 $2 cumul part pref* 21,360 Mickelberry's Food Prod com.l 102,050 Middle West Corp capital 5 1,700 Midland United Co common.-* Convertible preferred A 12,950 * 2,200 Midland Util 6% pr lien... 100 1,750 7% prior lien ..100 1,150 7% preferred A 100 .... 450 6% preferred A 100 pref * 7,170 Miller & Hart Inc conv 1.340 Minneapolis Brew Co com 1,750 Modine Mfg common 1 * 500 Monroe Chemical Co com....* Preferred * 240 30 11,944 Montgomery Ward & Co cl A. * Common _* ...... 850 Mountain States Power pref100 260 Muskegon Mot Spec class A..* 1,450 Nachman Springfilled com * 770 jNational Battery Co pref....* 4454 Apr. 2 10 934 Apr. 4 Apr. 1534 Apr. 4 Apr. 15 10 2 1 10 4 434 Sale 1634 1634 63 69 65 47 X Sale 5434 Sale 3 54 454 634 Sale 10 11 Sale 9 4 16 Sale 5 Sale Sale 4 16 5654 Sale 1034 1134 234 254 454 1534 1734 66 5154 1034 254 4754 5434 634 6 1154 Sale 16 64 34 54 Sale 634 *9* 6 Sale 11 24 2154 Sale 1134 Sale 27 2534 Sale 26 Sale 1854 Sale 7: ' 754 5 634 854 Sale 854 834 1754 734 5 954 954 28 3934 Sale 1334 3954 1454 33 1334 1354 15 34 1 454 1234 4 1254 2334 25 234 2 54 8634 88 6154 Sale 334 3 4 554 Sale Sale 9 5 10 1034 1454 1654 54 Sale 18 Sale 5* 1154 23 24 3 334 88 Sale 58 16 334 334 3 15 Sale 1354 2034 4734 554 854 Sale 20 4434 102 Sale 4554 26 4 50 554 854 105 Sale ----- 6 22 7 Sale 24 Sale 1034 1154 1534 2 2534 28^ 1254 1834 234 28 2954 3§34 3634 7 9 26 30 8 100 47 34 28 6 654 2 34 434 10 1234 1634 954 1154 4934 554 10034 10234 103 4 54 Sale 434 3 254 254 54 Sale 54 154 154 154 434 Sale 354 28 754 Sale 254 25 6 18 Sale 834 2 34 23 34 734 10 34 1334 1634 2 2754 7 2954 1354 7 6 39 634 38 38 834 31 Sale 7 334 2834 354 754 Sale 354 30 354 Sale 3934 Sale Sale 354 Sale Mi Sale 554 554 54 54 Sale 1154 2434 254 41 5354 Sale 354 2754 334 854 Mil 234 434 434 34 54 Sale 454 454 54 4 54 1034 1054 1834 2134 4}* J* 16054 5554 Sale 75 2334 4 54 54 554 1134 2234 154 1454 334 2634 4 834 -— 3 434 4 34 7 54 10 34 23 34 * 16 1034 * * 1054 Oshkosh B'Gosh Inc— Common Convertible preferred 600 Parker Pen Co (The) com 1,350 Pea body Coal Co B com 6 % preferred 290 1,300 Penn Elec Switch conv A 900 Penn Gas & Elec A • 4 7 ^ com 280 com .._.* * 10 5 * 7,970 Pennsylvania RR capital 50 6,067 Peoples Gas Lt & Coke cap. 100 990 Perfect Circle (The) Co * For footnotes see page 56. 11 1054 1154 27 Jan 26 1754 454 2954 3754 Jan. 18 17 8 , 8 9 15 18 17 23 4934 934 Apr. 15 1154 Feb. 10 434 Feb. 7 16 Apr. 15 5 Apr. 18 654 Apr. 3834 Apr. 8 *Apr. 15 5 354 2834 434 Sale Mi Sale 554 554 Sale 11 29 Apr. 1334 Apr. 12 26 334 Apr. 17 19 1 2754 Apr. 3 354 Apr. 8 Apr. 26 18 12 Sale 19 1 19 15 Jan. 434 554 1034 2134 1134 2454 Jan. Apr. Jan. Apr. Apr. Mar. 19 16 Apr. 18 7 Jan. 20 5 Mar. 9 6 10 1054 26 34 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 5 16 15 15 3 26 3 20 1634 1934 54 454 1254 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. 734 Apr. Apr. 8 Apr. 3034 Apr. 1534 Apr. 32 7/4 Apr. 334 Apr. 2834 Apr. 4 34 Apr. 934 Apr. 39 96 100 334 Apr. 534 Apr. 5 Apr. 9 1154 1054 Sale 20 Sale 60 70 6134 1854 2054 1334 15 1134 12 64 1634 13 28 3434 1134 1054 1834 "II"54 62 Sale 20 6334 15 16 1134 1234 1434 14 3 29 27 5 3 3 2 1 3 3 20 12 17 25 1 27 Sale 1434 1354 34 15 154 2354 3634 27 41* 1534 34 154 334 2534 6 V* Sale c 38 2834 Jan. Jan. Jan. Jan. 20 15 Feb. 15 2 2034 Mar. 434 Jan. 954 Feb. 12 Jan. 31 17 Apr. 5 26 Jan. Mar. Mar. 29 30 Mar. 27 634 Jan. 11 9 Apr. 20 334 Apr. 12 26 Jan, 3 734 1054 1434 1854 234 2834 Apr. 25 Apr. 27 Mar. 28 Apr. Apr. 4 754 Jan. Apr. 8 Apr. 5 3 3034 Apr. 1534 Feb. 21 3234 Apr. 26 4 Jan. J an, 4 4 6 39 8 30 354 Jan. 10 754 Mar. 15 1 Mar. Mar. 18 25 6 13 154 Jan. 1 434 954 Mi 334. 6 5 Apr. 23 Jan. 11 29 Mar 10 1 11 Jan. 8 Mar Jan. Jan. Jan. Jan. 25 15 634 Jan. Jan. 11 6 Jan. 20 Jan. 22 15 434 34 34 334 934 Jan. 10 Apr. 634 Jan. 29 24 23 5 Jan. 17 28 1154 Apr. 4034 Apr. 1854 Apr. 98 Apr. 434 Apr. 10 1034 Feb. 15 10 10 37 1154 Apr. 4034 Apr. 1854 Apr. 98 Apr. 22 434 Jan. 6 834 Apr. 1154 Apr. 24 Apr. 134 Apr. 25 11 29 16 5 2 11 22 16 24 27 1 34 26 Apr. Apr. 434 Apr. 11 Apr. 1134 Apr. 1054 Apr. 1954 Apr. 62 Apr. 1534 Apr. 12 16 27 4 22 16 19 154 3854 16854 4954 76 21 4 2 18 22 4 Jan. 25 54 Jan. 16 9 Feb. Feb. Feb. 28 26 28 3 7oK Jan. 2 20 30 3 2 10 29 10 Jan. 1054 1634 6134 1534 Mar. 5 Jan. 22 Mar. 11 Apr. 29 12 27 Jan. 154 Apr. 2134 Apr. 17 23 12 34 Apr. 24 12 Mar. 8 16 Mar. 26 10 4 134 Mar. 28 2854 Jan. 36 Apr. 534 Mar 14 Apr. 3 6 21 __ 26 12 Feb. 19 12 Jan. 20 2054 Apr. 70 Jan. 2234 Jan. 1234 Jan. 7 115 5 11 11 18 7 1334 Apr. 15 1434 Jan. 5 Apr. 12 109 Apr. 12 11 12 Jan. 23 Apr. 23 54 Apr. 30 1534 Apr. 10 2 Apr. 17 24 5 Apr. 3634 Apr. 29 2834 Apr. 23 6 Apr. Apr. Apr. Apr. 25 1154 Apr. 11 24 Apr. 29 134 Apr. 16 4234 Jan. 24 8 Jan. 5 Apr. Jan. 30 Jan. 30 169 3 Apr. 27 5534 Jan. Jan. 3 8434 Mar. 9 Jan. 6 Apr. 534 Apr. 30 14 Apr. 26 8 1154 Apr. 10 54 Apr. 5 5 2054 Apr. 4 63 Apr. 4 1834 Apr. 27 54 Apr. 36 23 1634 Jan. 98 Apr. 134 Apr. 24 11 Sale 6 ,54 434 17 30 Sale 9 334 Apr. 3 10 654 Feb. 20 14 54 Apr. 2154 3 10 9 26 40 27 54 Jan. 1254 Feb. Mar. 109 Jan. Jan. 12 Jan. 7 36 Feb. 17 32 54 Apr. 29 29 17 23 34 Apr. 50 Apr. 2K 1254 Apr. 54 Apr. 28 r 23 1334 Sale 22 54 3534 4 8 11 Sale 2 Sale 5 554 Jan. 1334 Vs 54 7 5 36 1254 54 1454 134 11 Jan. 634 Jan. 8 Sale 1534 2 Sale Sale 30 5 11 42 2 26 12 23 23 854 Apr. 3 Feb. 9 Jan. 8 101 43 Mar. 11 4934 Jan. 11 100 Jan. 18 10334 Feb. 13 4 Mar. 2 634 Apr. 5 254 Feb. 13 334 Jan. 30 Jan. 3 Feb. 5 554 Jan. 1334 Jan. ,3 28 Apr. 30 334 Mar 28 4 9034 Jan. 3 6254 Jan. 434 Jan. 12 9 454 Jan. 100 25 12 1534 134 19 6 31 12 25 Apr. 19 19 Mar. 20 4634 Jan. 15 2 534 Apr. 734 Jan. 15 4 8 24 20 Mar. 12 8 109 554 7 15 13 13 54 2 11 23 15 11 1354 9 18 .Tan. 4 1 30 1554 Jan. 134 Jan. 4 14 1334 Apr. 15 Apr. 12 109 11 11 Apr. 23 1334 1634 Apr. 15 1934 Apr. 10 5 8 115 1234 2 1154 Feb. 3 3 Feb. 1534 Apr. 3 3534 Apr. 20 Jan. 4 10 42 Apr. Apr. Mar. Feb. Jan. Jan. Feb. Mar. Mar. 9 2054 Feb. 9 Apr. 6 Apr. 13 Jan. 34 354 954 2154 234 8234 5354 334 254 16 10 8 27 1054 Apr. 2654 Apr. Jan. Jan. 6 „ 21 18 14 29 1254 2754 8 Apr. 134 Apr. Sale 2 25 8 8 25 Apr. 134 534 1134 13 30 1 654 1234 17 15 5 134 5 854 Jan. 834 Jan. 2634 Apr. 38 Apr. 25 12 29 18 28 8 8 8 55 54 Apr. 154 ' Apr. Jan. Apr. Jan. Apr. Apr. Apr. Apr. Feb. Apr. Feb. Jan. 3934 Apr. 134 434 Feb. 27 5734 1234 254 49 54 5634 734 1554 Jan. 15 Apr. 19 Mar. 27 Feb. 8 Apr. Jan. 27 4954 Apr. 534 4034 18 66 5154 1034 234 4534 1 554 Apr. 1054 Apr. 25 22 Apr. 19 4 154 Apr. 5 3854 Apr. 4 9534 1934 9954 5 65 Jan. 154 Apr. Apr. 5 Apr. 5 5 18 Jan. 1254 Feb. 17 354 Mar. 20 51 16 3 4 38 14 40 Mar. Apr. 3 Apr. 8 5454 Apr. 11 1234 Apr. 8 234 Apr. 9 4954 Apr. 15 5634 Apr. 8 734 Apr. 8 6 34 Apr. 8 Apr. 1 Apr. 8 1234 Apr. 4 2634 Apr. 30 Apr. 15 Apr. 10 8 Apr. Apr. 20 8 Apr. 28 Apr. 30 3 9 Apr. 5 9034 Apr. 5854 Apr. 25 4 Sale 40 Sale 12 Feb. 3 9 1434 Apr. 3 Apr. 34 Apr. 30 9 3 54 Apr. 1054 Apr. 27 2334 Apr. 15 9 3 Apr. 3 8754 Apr. 5554 Apr. 16 1154 Apr. 3954 Apr. 1754 Apr. 98 Apr. 4 34 Apr. 17 100 10 1 29 17 10 54 2754 354 12,850 Northwest Bancorp com 1,350 Northwest Eng Co capital Feb. 11 31 ~ 20 2234 Feb. 4034 1534 3534 10 33 34 270 25 Apr. 20 Apr. 19 Feb. 15 Mar.l2 Mar.5 Apr. 30 Apr. 24 Apr. 29 Apr. 3 Mar. 6 Apr. 8 Jan. Jan. Jan. 15 Apr. 18 3 Apr. Apr. 25 5 Apr. 4 Apr. 3 Apr. 2 38 Apr. 3 1534 Apr. 3 3434 Apr. 25 Sale 10 Oklahoma Gas & El 7% pf_.100 638 Omnibus Corp common 6 Preferred class A 40 100 * 1,230 Ontario Mfg Co common 27 834 534 934 954 26 34 25"" "26"" Sale 100 9 19 16 25" "26"' 2734 7% preferred 2934 Sale 39 35 330 Nunn-Bush Shoe common..234 754 39 9 Sale Sale 2,720 4 26 1134 534 1034 1454 834 1154 3434 1134 66 2r4 ,!* 5054 Sale lien pref.. 100 1 IB 25 Sale 27 760 Nor West Util pr 19 1034 Apr. 434 Apr. Apr. 5 Apr. 16 4 334 Apr. 25 Apr. 22 17 14 14 Apr. 19 15 M 22 1 2034 Apr. 23 5t Sale 4934 Apr. 30 50 2 554 534 Apr. 554 8 834 Apr. 17 854 105 3 101 101 Apr. Sale 1 4554 Apr. 48 105* 101 Apr. 10 103 1 534 454 Apr. 634 Sale 254 Apr. 22 3 1 54 Apr. 54 1 = 3 Apr, 134 Apr. 22 434 o3' 32 3 30 30 Apr. 6 654 Apr. 15 634 2 854 9 654 Apr. 1 2 Apr. 334 3 23 Apr. 2534 3 554 Apr. 734 1 10 34 Apr. 10 34 12 54 Apr. 16 1434 1434 17 1654 Apr. 23 1834 3 2 34 234 234 Apr. 2854 2834 Apr. 25 2834 17 154 3154 1,950 Northern 111 Finance 4934 Apr. Mar. 27 Feb. 24 10 5 77 22 154 4 28 Common stock .10 5,550 13,301 Noblitt-Sparks Ind Inc cap..5 20 25,100 North American Car com 470 Northern Paper Mills com * Cumul conv pref... National Standard— Sale Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3254 Apr. 1454 Apr. Apr. Apr. Apr. 37 Apr. 14 Apr. 1754 Apr. 454 Apr. 2954 Apr. 1134 534 934 1434 334 Sale Sale 4954 100 15 3634 34 Sale 354 434 1054 Sale 2734 Sale 3 254 8854 Sale 17 8* Sale 1434 17 16 Sale 1054 Sale 434 5834 Sale 554 1154 2134 1134 25 1934 934 534 14 34 1134 86 40"" Sale Sale 1534 3554 1734 4334 2 1634 10 28 30 14 1834 .154 440 634 1154 Sale 54 1,450 Nat'l Pressure Cooker Co Nat Republic Invest Trust— 6 234 12 * 100 53 12 23 2 * com Preferred series A Sale 5154 1134 2 34 4754 235 1234 Sale 1134 Sale 1554 94 "/4 554 150 16 65 5334 Sale Sale 1134 234 1654 69 Sale Sale 5134 1134 234 4854 1034 3734 1434 9034 434 807 Nat'l Bond & Invest 6 "1334 "l4" 11 ,54 1 Sale 10 354 com 4734 1434 334 2454 634 654 9,000 Mer & Mfrs Sec cl A 454 2954 1734 Sale Sale 1134 434 Sale 4 13 X 1,620 McCord Rad & Mfg "A" 470 Sale 5 40 ,34 * McQuay-N orris Mfg com * McWilhams Dredging Co com * Mapes Consol Mfg capital....* Marshall Field & Co com .* Masonite Corp common * Sale 14 1034 99 Sale Prices 16 45 6 Highest Sale Prices 37 4334 334 ....10 13 Lowest Sale Prices 16 Sale 254 Preferred 1034 Highest Sale Prices Ask 1234 Sale 37 39 54 Kerlyn Oil Co common A—.5 Kingsbury Brewing Co cap—1 * 3,355 Lion Oil Ref Co capital835 Liquid Carbonic common....* 7,750 Loudon Packing common...-* .....5 850 Lynch Corp common 1,010 42.655 1 Lowest 1134 Apr. 20 5 Apr. 12 854 Apr. 25 13 34 Apr. 2 3 3634 Apr. 12 34 Apr. 2 5 1534 Apr. 2 3 54 Apr. 2834 Apr. 17 Sale 5 * 6 934 14 Sale Ken-Rad Tube & Lp com A..* ....10 534 834 1354 29 <£8 Cumulative preferred 130 850 Le Roi Co common 13 1554 3 34 Sale 24 Sale 9,200 Katz Drug Co common—...1 * 8,000 Kellogg Switchboard com Preferred 100 190 25,178 Libby, McNeill & Libby com.7 7,050 Lincoln Printing Co com.....* $3.50 preferred 1,070 * 7,810 Lindsay Light & Chem com. 10 8 1154 1534 3 54 800 Joslyn Mfg & Supply Co com.5 La Salle Ext Univ common 5 Leath & Co common ......* April 30 Ask Bid Bid 13 6 434 1634 1654 1934 4534 Kentucky Utli jr cum pref. .50 6% preferred 100 April 1 Bid 250 Dexter Co (The) common 1,120 4,159 2,800 4,750 2,100 26,300 12,000 3,085 1,790 3,300 5,000 5,750 2,750 4,600 RANGE SINCE JAN. Price Jan. 2 Since Jan. 1 9 30 12^f 34 Jan. Feb. 26 Mar. 15 Jan. 25 Mar. 1 Mar. 40 3354 Apr. 26 Apr. 18 17 10 Jan. 40 1434 154 2134 3354 Feb. Mar. Mar. Apr. 17. 1534 Mar. 18 2 34 Jan. 17 2434 Jan. 3834 Feb. 26 Feb. 29 7 1 3 15 Mar. 28 56 CHICAGO STOCK EXCHANGE AOQREQATE CHICAGO SALES PRICES STOCK EXCHANGE Since April Jan. 1 Sharest Shares 350 , 100 600 1.550 . 11,957 3,730 1,500 1,650 1,500 2,400 . ; 170 7,650 Rath Packing common 45 S K Sale Sale 5* 36 1136 IK 25 K * . .* 18,400 South Bend Lathe Wks cap._5 100 Southwestern Lt & Pow pfd._* 4,750 Spiegel Inc common 2 111 St Joseph Lead Co cap 10 350 St Louis Nat Stockyards cap..* 2,000 Standard Dredge (new) pref_20 Common (new) 7,915 1 100 550 469 Standard Gas & Elec 66 * com 12,671 Stand Oil of Ind capital 25 I 690 Stein & Co (A) common * 750 Sterling Brewers Inc common. 1 6,433 Stewart-Warner Corp com 5 Ask K 10 K K 12 K 117 K 5 4 K Sale 3* 1036 11 Sale 36 13 K Sale 119 Sale 154 151 Lowest Sale Prices 38 39 Sale Sale 1136 K Sale Sale 43* 3* 103* 36 1136 116 153 36 149 42 40 36 K 1 K K UK 101K 1K K 125* JK 4K Sale 8K 9K Sale Sale 3036 8K 853* 13* K 1336 Highest Sale Prices 36 36 12 36 36 1 Sale 123* 101K 12 1013* Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 29 2 1 19 12 5 19 29 9 2 10 5 Apr. 30 36 123* 3* 1336 1193* 1523* Apr. 2 Apr. 9 Apr. 19 Apr. 9 Apr. 3 Apr. 26 •40 Apr. 19 136 Apr. 8 36 Apr. 30 12 Apr. 2 1013* Apr. 19 9 85 K IK 28 IK 27 10 Sale IK 30 86 K IK 3 K a 30 Sale 30 15 K 14 K 17 Sale 15 K 13 K 23 Sale 2631 16 K Sale Sale 2K 163* 143<6 2836 136 IK 107K 29 IK 41 75 K 12 IK IK 26K 12 IK 8K 93* Sale 2 303* Sale 16 Sale 236 33* Apr. 30 2936 Apr. 5 9 Apr. 4 85 Apr. 19 136 Apr. 24 30 Apr. 1 1636 Apr. 4 1336 Apr. 1 26 Apr. 2 436 Apr. 8 3036 Apr. 26 10 Apr. 8 88 Apr. 6 2 Apr. 9 31 Apr. 4 17 Apr. 4 15 Apr. 15 30 Apr. 15 ... 100 95 10 K Sale Sale 100 Sale 10 Sale 42 38 40 3936 76 13 K 80 76 14 2 2 1136 136 136 2736 12 K Sale 2K Sale 13 2 K Sale IK IK 27 K 13 IK 7K 636 2336 22 36 28K 45 K Sale 14 2 936 13 136 736 636 101 936 41 763* 13 136 236 Sale 15 136 Sale 636 Apr. Apr. 9 3836 7636 1236 136 136 2636 133* 13* 736 63* 2336 2236 283* 453* 4 3* 1536 Apr. 3 101 19 1036 Apr. Apr. 15 Apr. 18 Apr. 26 Apr. 16 Apr. 24 Apr. 17 Apr. 13 Apr. 27 Apr. 19 Apr. 17 Apr. 2 Apr. 1 Apr. 1 Apr. 1 Apr. 3 Apr. 2 3 4 3836 Apr. 15 78 Apr. 5 133* Apr. 4 136 Apr. 8 13* Apr. 10 28K Apr. 4 14 Apr. 8 2 Apr. 8 836 Apr. 4 7 Apr. 17 293* Apr. 18 2436 Apr. 24 303* Apr. 10 4736 Apr. 8 53* Apr. 24 163* Apr. 8 •19,550 11,856 3,529 1,336 3,098 1,450 5 38,960 Sunstrand Mach Tool com 25 36,661 Swift & Co capital stock 10,587 Swift Internacional capital--15 __25 4,420 Texas Corp capital 6,320 Thompson (J R) common 25 2 14 K Sale 1536 Sale 7 Sale Sale Sale Sale 4 K 1536 1,869 5,366 7,322 Union Carbide & Carbon cap.* 14,962 United Air L Transp capital..5 200 United Gas Corp common 1 87 K Sale Sale 84 2136 ~"~693 1,887 U S Gypsum Co common 20 27,266 United States Steel common..* 82 84 8136 "Sale 8036 Apr. 29 8636 Apr. 9 Sale 6136 Sale 5836 Apr. 3 653* Apr. 9 123 124 Sale 11836 Apr. 2 12436 Apr. 23 Sale 136 136 Apr. 3 13* 136 Apr. 5 K 3* 3* Apr. 36 2 3* Apr. 2 Sale 13* 2 136 Apr. 1 236 Apr. 4 23 2236 23 213* Apr. 17 2236 Apr. 5 800 Storkline Furniture 100 8,550 7% cumul preferred 6,350 Utah Radio Products com 2,542 2,000 1,350 2,800 120 388 795 348 200 20 845 450 8,042 * 100 Preferred * * 9,700 Wahl Co common 14,779 Walgreen Co common * 599 Wayne Pump Co capital 1 3,234 Western Union Teleg com__100 1,170 West'house EI & Mfg com 50 * 1,400 Wieboldt Stores Inc com Cum prior preferred 240 * 900 Williams Oil-O-Matic com Wisconsin Bankshares— 6 15K 7 15K 22 Sale 32 Sale ~~4 1636 83 66 K 117 IK K IK IK 86 Sale Sale Sale 56 lVs 19 Sale 40 Sale IK Sale 22 Sale 116 117K 6 K Sale IK 20 K 21K 2636 90 * IK 2 Common * 4,200 2 9,000 Woodall Indust common., 3,870 Wrigley (Wm Jr) Co capital..* 2,050 Yates-Amer Mach capital 5 19,002 Zenith Radio Corp common. * 4K 5 4 88 700 2,200 2,900 10 1 4,650 Utility & Ind Corp common. .5 Convertible preferred 6,450 7 590 Viking Pump Co common * 300 5,550 4,895 com 4,850 Trane Co (The) common 670 No par value. 1 Highest 436 Jan. Sale 8 Prices Feb. 23 Feb. 27 Mar. 7 Mar. 18 53* Feb. 36 Jan. 1236 Jan. 36 Feb. 143* Jan. 115 Mar. 18 12336 Feb. 149 Apr. 33 Feb. 3* 1036 K 113* K 36 1136 1013* 5 154 14 4 4 16 2 7 Feb. 29 19 5536 Jan. 22 136 Jan. 11 36 Jan. 12 12 Apr. 10 10134 Jan. 17 Feb. 20 Apr. 30 Jan. 30 Apr. 19 Mills— Common 750 690 Sivyer Steel Castings com 350 4 K Lowest Sale Prices April 30 Ask Bid 48 4 5,150 6,400 Sangamo Elec Co com (new).* 4,550 Schwitzer Cummins capital—1 12,251 Sears, Roebuck & Co capital..* 4,850 Serrick Corp class B common _1 1,380 Signode Steel Strap Co pf—30 Preferred Rollins Hosiery Common 4 200 1,806 12 101 J* 30 , 436 145 100 1,269 160 K 14 3* 119 10 50c 5 10 Bid 152 12* 100 Preferred April 1 Ask 436 • 180 South Colo Pow cl A com—25 3,740 Southw G & E Co 7% pref__l00 3,400 Bid -1 Pressed Steel Car common—1 20 20 1,800 1,450 3,248 1,850 610 50 * Quaker Oats Co common Raytheon Mfg Co com 6% preferred 170 Reliance Mfg Co common 30 350 1940 Par 473 Poor & Co class B 1,450 Potter Co (The) common 148 5,755 .1,320 530 STOCKS 2,350 Pictorial Paper Pkg com 5 5,450 Pines Winterfront common—1 500 3,400 RANGE SINCE JAN. IN APRIL Price Jan. 2 In 4 28 Sale 2436 2936 4636 536 15 Sale Sale Sale Sale 1536 Sale 83 Sale Sale 203* 59 K 11836 136 K 136 2236 3936 ----- 136 2136 2236 233* 21 8036 Apr. 18 2036 Apr. 27 86 Apr. 2336 Apr, 6 4 IK Sale 223* 243* 40 -- 136 Feb. 27 26 9 Jan. 15 Feb. 27 8136 Jan. 13 13* Feb. 1 28 Jan. 20 436 Apr. 8 3036 Apr. 26 103* Feb. 9 88 Apr. 6 236 Mar. 7 31 Apr. 4 1536 Mar. 27 17 1336 Apr. 1 15 223* Jan. 11 30 13* Mar. 27 136 1083* Jan. 15 111 97 9 Jan. 29 Jan. 18 Apr. 15 Mar. 18 15 3 Jan. 11 Feb. Apr. 5 101 Apr. 19 Jan. 4 3836 Feb. 1 7536 Feb. 27 3836 Apr. 15 80 Feb. 113* Jan. 14 Mar. 14 8 7 1K Mar. 1 136 Mar. 25 2536 Mar. 16 23* Mar. 12 236 Jan. 19 283* Apr. 4 12 Jan. 3 14 Jan. 136 736 636 153* Jan. 15 Feb. 5 Mar 30 Jan. 9 2 Apr. 8 9 Feb. 17 . 22 Jan. 28 Mar. 28 2 4236 Jan. 31 4 Jan. 6 1436 Jan. 2 736 293* 2536 3236 4736 53* 163* 22 Feb. 7 Apr. 18 Mar. 9 Jan. 4 Apr. 8 Apr. 24 Apr. 8 7836 Feb. 3 88 Jan, 3 1436 Jan. 15 2336 Apr. 4 136 Feb. 1 136 Feb. 1 8036 Apr. 29 8736 Jan. 25 5336 Mar. 18 6836 Jan. 3 11536 Feb/19 12436 Apr. 23 136 Apr. 3 136 Jan. 5 36 Jan. 30 3* Jan. 12 2 36 Apr. 136 Jan 5 4 19 Jan 2 2236 Apr. 5 3936 Jan. 12 40 Jan. 2 , 13* Sale 136 Apr. 2 136 Apr. 13 22 36 Sale 2136 Apr. 1 233* Apr. 22 223* 2336 Apr. 15 2336 Apr. 15 2336 223* Sale 213* Apr. 27 253* Apr. 4 112 114 11336 Sale 11236 Apr. 16 11536 Apr. 4 7 7 73* 636 7 Apr. 9 73* Apr. 5 95 Sale 93 93K Apr. 19 95 Apr. 30 13* Sale 13* 13* 13* Apr. 1 136 Apr. 5 13* 2036 2236 21 3* 10636 636 9136 13* Jan. Jan. Jan. Mar. Jan. Jan. Jan. Apr. 10 2 Feb. 5 15 233* Apr. 22 17 2436 Jan. 8 16 2836 Jan. 3 23 1173* Jan. 4 25 736 Jan. 10 13 95 Apr. 30 1 13* Jan. 9 n . 3K 8436 236 16 536 5K Sale Sale 88 3 90 2K 16 K 17 Sale 336 43* 536 93 3 16 5 Sale Sale 33* Sale t Traded during April, 1939: 854,000 Commonwealth Edison rights. 43* 536 8936 336 1436 x Apr. 29 Apr. 29 Apr. 2 Apr. 3 Apr. 19 536 Apr. 8 636 Apr. 16 9336 Apr. 29 336 Apr. 8 173* Apr. 8 Ex-dividend. 43* Apr. 29 4 Jan. 3 8436 Jan. 29 236 Jan. 8 1436 Feb. 5 536 Feb. 3 16 9336 Apr. 29 336 Apr. 8 175* Apr. 8 63'6 Apr. RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE Stock Sales April 1940 Jan. 1 to April 30 52,140 201,408 1940 1939 $218,900 1939 42,691 178,413 Shares_ _ $210,150 1,068,700 872,600 Bond Sales April Jan. 1 to April 30 AGGREGATE SALES PRICES IN APRIL BALTIMORE STOCK EXCHANGE In April Jan. 1 % RANGE SINCE JAN. 1 Price Since Jan. 2 BONDS $ April 1 1940 BALTIMORE CITY BONDS- Bid Ask Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices April 30 Ask Bid Ask Atlantic Coast Line Conn 100 119,500 89,300 7,500 _ Shares 3,500 714,200 Bait Transit Co 4s flat 1975 A 5s flat 254,750 1975 B 5s 49,500 __1975 4,000 Finance Co of Amer4<£-.1947 Georgia & Alabama Ry Co 2,000 1st mtge cons 5% 1945 3,000 Interstate Bond Co 5% __1946 19,382 Arundel Corp 304 780 Atlantic Coast L (Conn) 4,585 Bait Transit Co com vtc 1,400 5,137 10,631 1st preferred vtc 65 Black & Decker common 20 Brager Eisenberg Inc com 787 283 256 2,314 Consol Gas E L <fc Power 780 606 290 1,500 4,100 500 233 50 30 100 4,340 645 Northern Central Ry 20.650 Owings Mills Distillery 1,851 Penna Water & Power com Preferred 2 32** 32 36 93** 6 100 335* 385* 94** Fidelity & Guar value, x Ex-dividend 87 Apr. 12 315* Apr. 19 365* Apr. 20 94 Apr. 5 87 Apr. 35** Apr. 40** Apr. 95** Apr. 12 6 6 9 86 Mar. 26** Jan. 31 92 Jan. Jan. 103** Jan. 100 loo 100 101 10 * 20** 21 19 Sale 18** 22 40c Sale 1.55 Sale 19** 40c 16** Sale 18 50c 1.70 Sale 165* Apr. 26 18** Apr. 19 Apr. 18 1 1.70 Apr. 32c 1 87 35** 40** 4 955* 12 103** 4 15 Mar. 28 Apr. 6 Apr. 6 Mar. 1 Jan. 12 14 Mar. 28 Feb, 20 101 Feb. 20 Mar. 8 1.90 Sale 165* Apr. 26 18** Apr. 19 19** Apr. 20** Apr. 55c Apr. 2.50 Apr. 30c * 100 21 18** 80** 82** 1175* Sale 10 X Sale 305* Sale 123 30** 9** 125 32** 10 1.50 Jan. Feb. 83 118 85* 29 83** Sale 9** Sale 81** 118 7 J* 12** 30 125 127** Sale 31 127** 1275* 95* 95* Sale Sale 48c 36c Sale 1.25 185* 45c 45c Sale 35c 50c 28c 1.50 264 135* Sale 27** ■ 28** 185* 50c Sale 15 Sale 24 28** 285* 285* 2.25 3.00 2.25 100 45 46** 30 46 50 50~~ 16** 16** 17** 13*| 1.40 Sale 50 1 865* 89 89** 35c 45c 31c * 67** 68 69 1 2 20 5 5 20** Apr. 20** Apr. Sale 81 81 Apr. 25 Apr. 25 Sale 2 1185* Apr. 8 117** Apr. 8 4 8 4 Apr. Apr. 8 14 95* Apr. Apr. 18 32 29 1 Apr. 31** Apr. 23 126 1245* Apr. 26 128** Apr. 12 9 31 9 31** 30** Apr. Apr. 1 3 95* Apr. 95* Apr. ..... 1.50 1.25 1.35 90 1.15 895* Sale 70 175* Apr. Apr. 45c Apr. 2.00 2.00 Apr. 263 262** Apr. Sale 15 Apr. Sale 28** Apr. 2.00 Apr. 2.50 45** Apr. "III 50 Apr. Sale 16** Apr. 1.20 1.20 Apr. 90 89** Apr. 25c Apr. 68 67 Apr. 112 Apr. 90 95 Apr. 185* 45c 35c 25c 22 27 19 20 10 1 29 24 24 5 2 8 8 5 18 24 19** Apr. Apr. 43c Apr. 2.00 Apr. 264 Apr. 25 Apr. 29 Apr. 2.25 Apr. 455* Apr. 50 Apr. 17** Apr. 1.30 Apr. 90 Apr. 31c Apr. 70 Apr. 112 Apr. 90 Apr. 49c 5 15 126 Jan. 17 35c Feb. *14 Jan. 2 Apr. 27 25c Apr. 1 30 11 9 14 5 23 4 3 1 4 25 2.50 Apr. Feb. 6 15 21 5 130 5 30** Jan. 9** Mar. 11 3 3 16 Jan. 20** Apr. 5 835* Mar. 26 8 119** Feb. 10 116 Jan. 8 7** Mar. 20 Apr. 4 Apr. 18 85* Feb. 13 14 27 Feb. 15 31** Apr. 23 3 20 215* Jan. Apr. §8? 5 20** Apr. 78J* Jan. 22 46 17 35c 50 2 Mar. 26 21 * 87 U S Sale Sale 96 103 112 815 Western National Bank par 37** 94** 103 * 24,714 65 Sale 103** 98 Phillips Packing Co 5** % pf 100 15 Real Estate Trust Co 100 59 Seaboard Comm'l 5% pref __50 Common 108 10 2 No com Preferred 878 143 National Marine Bank 14,130 New Amsterdam Casualty 7,731 North Amer Oil Co com 117 * Maryland & Pa RR Sale 1 2,187 Merch & Miners Transp * 1,179 Monon W Penn PS 7% pref. 25 928 MtVern-Woodb Millscom.100 530 202 7,523 * _100 •232 Mercantile Trust Co 1,049 347 * 50 Preferred v.t.c .1 2,373 1,933 Fidelity & Deposit 20 1,330 Fidelity & Guar Fire Corp—10 5 1,067 Finance Co of Am class A 125 Guilford Realty Co 6% pref 100 6,598 Houston Oil preferred 25 1 30,250 Mar Tex Oil Common class A 1 7,274 383 650 211 4**% pref B 31** par 406 Davison Chemical Co com .1 6,124 Eastern Sugar Assoccom v.t.c.l 3,128 1,118 1,600 STOCKS Shares 5,674 27 19 Jan. 8 32** Feb. 27 Feb. Feb. 6 19** Apr. 3 10 50 65c 55c 5 Mar. 26 Jan. 11 4 Feb. 2 9 Mar. 12 15 265 20 25 13** Mar. Apr. 30 4 28 Jan. 29** Mar. 27 15* Jan. 11 2X Jan. 26 1** Mar. 258 Jan. 45** Apr. 24 8 443* Jan. 4 12** Jan. 8 1.20 Apr. 4 88 Jan. 23c Feb. 24 3 24 112 32 87 64 48 Jan. 50 4pr* o5 9 \7.tf Apr. 23 Jan. li 90 Mar. 40c Jan. 3 72** Jan. Apr. 24 112 Apr. 24 Mar Feb. 14 7 Mar. 27 9 71 95 22 J 33 J Sale Sale 225* Sale Sale 34 39 21** 34** 42 Sale 40 1 Apr. 21 ** Apr. 30 5 34** Apr. 40 Apr. 23** Apr. 345* Apr. Mar, 27 90 75 36 23 13 15 40 87 Feb. 17 40 Apr. 15 Mar 20 16 Mar. Ik 21** Apr. 33** Jan. 30 23** Jan. 2 37 Feb. q 2 1 lq Mar. 1 r Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BOSTON STOCK EXCHANGE Sales Stock April 1940 Shares_ AOGREGATE SALES 1939 454,770 1,404,661 Jan. 1 to April 30 Price Jan. 2 Since Jan. 1 — Jan. 1 to April 30__ BONDS 1939 $81,300 221,200 - PRICES IN APRIL STOCK EXCHANGE In 1940 ApriL BOSTON April $34,600 151,600 RANGE SINCE JAN. 1 • 1940 April 1 April 40 Lowest Highest Lowest Sale Prices Sale Prices Sale Prices Highest ' $ $' 56,000 5,400 10,500 8,400 Shares Par 13,500 16,000 A 4%s *48 1948 92 1948 ser Bid 96 1948 155,000 East Mass St RR Series B 5s 18,400 96 Series C 6s Series D 6s STOCKS Shares 1,091 _ 45 9,745 427 50 180 Bigelow-Sanford 209 763 530 3,670 7,710 12,659 6,344 4,640 1,215 3,929 1,698 1,460 Carpet com.* 6% cum pref Bird & Son, Inc Boston & 100 * - Albany 100 Boston Edison Co 100 Boston Elevated 100 Boston Herald Traveler Corp.* 314 Boston & Maine pref 24 160 766 9 ""3", 195 7,270 2,744 567 65 211 149 1,031 55 75 334 75 105 221 10 110 567 340 14 14 1,579 Common stpd (stamped) Preferred Prior preferred 110 356 338 131 594 811 962 Class D 1st pref stpd Class D 1st preferred 170 15 10 265 1,450 80 100 1,677 320 l",975 1,355 200 1,259 3,951 100 260 30 5 973 19 535 757 1,184 260 3,601 1,593 13,890 2,161 1,909 555 12.106 6,865 15 2,122 """908 4,309 386 6,085 15 50 612 929 115 Sale 2% * _* 20 * * __15 * 100 17 19 1 1% 7% 6% % 4% % 5 7c 2 7% 2% 2% 2% 2% 2% 2% 2% 2% ' 18 17 10 10 92% Jan. 93% Jan. 16 Sale Prices 98 Apr. 18 16 101% Mar. 26 6 106% Apr. 10 101% Mar. 19 106% Apr. 10 103% Feb. 2% Sale 43% Sale 5 Sale 3 3 3% 4% 3% 475 Venezuela Holding Corp 294 Vermont & Mass Ry Co 70c 66c 75c 65c 61% 62 11 12 11% 1% Sale 3 27c 75c 32c 5% 1% 14% 7 6% 25 21 2% 17 Sale 3c 2% 14% 6% 10c 1 % 1% 38 Sale . % _ ..... 7% 23% 2% 1% 1% 2 5 % 57c ♦ 11% Sale 10% 12 10% 65c Sale 40 31% 7c 27% 75% 43% 47c 45c 80 6% 1% 25% 55c 2% 90 7 1% 22 Sale 15c Sale 86 - 7% 1% 26 7 Sale 4 % 70c 130 4 Sale %e 50c 77 76 30c 60c 40c 11c Sale 11c 40c 50c 28c 15% 14% 21% 1 % 8% Sale 1% 10% 1% 60c 1 47 32 32% 8c Sale 44% 57c 60c 2 3 31 Jan. 45% 31% Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Sale 1% Sale 10 Jan. 10 29 78 4 139 Feb. 86 2 12 149% J an. 2 50% Mar. 10 18 Jan. 1 4 Jan. 12% Apr. 20 14 Feb. Feb. 1 7 Jan. 1% 1% 1% 2% 2% 1 % 12% 16% 1 17 Feb. 3 Jan. 1* 3 Alar. 28 Apr. i% Feb. 16 Apr. 19% Jan. 9 13 11 5 7 Mar. 4 6% Feb. Apr. 20 2% Afar. 27 2% Apr. 20 16 16 1 20 Mar. 3 2 5 13 17 Jan. 4 10% Jan. •2% Apr. 30 5 2% Jan. 29 7 Feb. Feb. Feb. Mar. Jan. Feb. Feb. Mar. 5 5 18 4 2% Jan. 8% Mar. 27 11 Jan. 5 8 20% Apr. 2 % Apr. 1 10 2 103 Apr. 44% Jan. 18% Jan. 9 Apr. 11 5 Apr. 1% Apr. 29 8 Apr. 10 3% Apr. 53% Apr. 24% Apr. 3 1 8% Feb. Mar. Mar. 14 21 8 21 % Apr. 20 3 8 23 3 4 24 13 1 23 9 2 1 20 27 9 22 20 27 16 % Apr. 12 5 % Apr 24 4 6% Apr. 4 Apr. 17 41% Apr. 18 % Apr. 20 11c 2 Apr. Apr. 16 Apr. 24 Apr. Apr. 2% Apr. Apr. 17 Apr. 6% Apr. 4c Apr. 1% Apr. 36% Apr. 137 Apr. 4 Apr. % Apr. 70c Apr. 77 Apr. 60c Apr. 12c Apr. 36c Apr. 16% Apr. 24 Apr. 1 % Apr. 9 Apr. 1 % Apr. 4c 11 % 11 % Apr. Apr. 70c Apr. 45% Apr. 23% Apr. Feb. 7c Mar. 29 2% Feb. 20 17% Feb. 20 5 2 5 23 42 8 18 8 23 25 Apr. 1 17 5 4 16 3 Apr. 15 Jan. 9 12 Apr. Apr. 2 Apr. 7% Apr. 30 Apr. 16 Apr. 26% Apr. 4% Jan. 3 62 6 7% Apr. 16 1 % Apr. 24 27 t_ Jan. 10% Jan. 16 18 5 6 Apr. Apr. 30 3 Apr. 3 Apr. Apr. 18 9 Apr. 1 Apr. 5 Apr. 1 Apr. Apr. 18 1 Apr. 5 Apr. 3 Apr. 27% Apr. 72 Apr. 42% Apr. 46c Apr. 2 Apr. 88 _ Mar. 28 9 Mar. 12 92 10 Jan. 1 Jan. 3 63 Jan. 25 17% Jan. 2% Jan. 7% Apr. 30 Apr. 18% Jan. 26% Apr. 31% Jan. 25 20 % Mar. 20 4 Feb. 5 Apr. 2% Jan. 36 Jan. 25c 11c Feb. Apr. 1.2% Jan. 24 2 i|x 34 Jan. 22 124% Jan. 20 4 Apr. Apr. 1 29 2 8 8 23 24 8 20 6 8 6 1 25 5 10 45c Feb. 61 4 24 23 4 57c 72 Feb. Mar Jan. 15 2% Mar. 19 5c Apr. 24 17 Apr. 27 4 6% Apr. Feb. 26 % Feb. Apr. 29 27 14 22 4 29 5 42% Apr. Mar. 20 6% Jan. 1% Apr. 26% Jan. 3 Apr. 24 9 8% Feb. 20 41c 87 2 8 5 25% Jan. Feb. 20 24 22 15 8 77 25 4 1% Feb. Jan. Jan. Jan. 4 16 • 2 Feb. Apr. 18 Apr. 20 11c 2 Apr. 6 12% Jan. 6c 45% Apr. 29 2 18 Apr. Mar. 23 20 15 38% Jan. 3 137 Apr. 4 20 Apr. Mar. 18 Jan. Jan. 28 17 25c Jan. 26 11c Jan. 3 Jan. 30 19c 13 Mar. 19 21 Feb. 3 1% Mar, 25 5 8% Mar. 5 1% Apr. 4 10% Jan. 9 1% 5% 6% 4% 41% % 23 Jan. 31 Apr. 30 2 Apr. 44% Apr. 29 62c Apr. 12 2 Apr. 16 91 Apr. 16 1 7% Apr. 1 % Apr. 9 31 Apr. 30 6 12 13 Mar. 25 Mar. 25 2% Jan. 5c Apr. 14% Mar. 4% Jan. 4c Apr. 1% Mar. 4 9 9 6 2 Feb. 20 27 9 17 Jan. 8 23 3% Mar. 12 55% Mar. 12 24% Apr. 3 1 Feb. 59% 10% 1% 3% 4 24 15 Feb. 15 Apr. 16 Feb, 15 1 Apr. 22 2 Apr. 16 Apr. 27 21% Jan. 17 29% Jan. 24 60c 5c Sale 18 17 Apr. 8 11c 73% 43% 89% 7% 1% 1% 10% 9% 65c 38 30 1% 14 % Sale Sale 29^ 5c 36% Sale =— 2% 1 % Sale Sale 21 1% ~"i"% Sale 2% 7% 6% 10 50c 2 1 % 14 % 4c Sale Sale % Apr. 12 5 Apr. 29 5% Apr. 17 4 Apr. 17 41 9 Apr. % Apr. 20 11c 2 Apr. 9c Sale 45% 32% 24 % 6% 14% 21% 1% 8% 1% 10% 11c 84% Sale 43% Sale 2 Sale 72 14% 15% 22% Sale 1 %. 1% 8% Sale 1% 1% 28 17% 7% 21% 2% Sale Sale 75% 14% Sale 23% Sale 1% 2% 9% 9% 1% Sale 24% 15 Sale" 132"" 28c 10c 2 6% 25c Sale i% 36 130% Apr. 18 8 Apr. 5 Apr. Apr. 16 1 Apr. 1 Apr. 2 Apr. Apr. 27 Apr. 23 "12% «. "16% 40c 1.00 ~ Sale 11c Sale ; - 15c Sale 24c — "90c" 45c — Sale 26c • 5 40 10c % Sale — 1 6 Sale 11c "17% 16 Sale % 10c 2 16 25 41 50c "12% 1% 14% 6% 21% 2% 17 5 28c 2,489 Waldorf System Inc * 1,802 Warren Bros 356 Warren (SD)A Co common..* 16 5% 4% Jan. Jan. 5 9% Apr. 30 2% Apr. 30 2 Apr. 17 2% Apr. 27 3 Apr. 20 2% Apr. 23 2% Apr. 20 3 9 Apr. 3 9 Apr. 5% Apr. 60c 8 30% 22 Sale 39 1 % 3% Sale 6 43 60 10% 2 Sale 6 1 % 13 23% 31 25% 30% 2 Sale 30 17 Sale 16 36 7c 3% 66c 25c 1 .100 3 Sale 25 2 Apr. 1 Apr. 2 5 16 Feb. Jan. 15 175 Jan. 16 Apr. 25 32% 5c 60 5 30% 1 1.00 61 6% 3% 60c 4% Apr. 9 1% 6 30 20c 20 3% 2 9 26c 2% Apr. Sale * 16% Apr. 30 1 % Apr. 25 3 5% Apr. 51 % Apr. * com 1 % 7% % 5% 21 1% 2d preferred Sale 1 53 10c 10 14 % Apr. 23% 22c * 16 52% 26c __25 15% 16% 1% 7% % 23 25 ..50 11 Sale 6% 59 144% 30 48% 1 20% 9 1 % Sale 5 64c "3% " 5c 1 125 "3% 5 22 86 12 C 20c 6 36% 29 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. O Sale 4% 4% 175% % 25% 20 100% 1 12% 52 4 1% 13% 167% %s 25% 1 23% 18 15% 23% Sale 30% 15 „■ _ 2 3% 30c 8 5 21 20 99c 4 25 2 Sale 5c 3 % Apr. 1 % Apr. 16 7% Apr. 17 Apr. 16 1 % Apr. 20 2 Apr. 15 2 Apr. 17 2% Apr. 13 2 5 Apr. 2% Apr. 24 3 9 Apr. Sale 2% 1 9 1 Sale 3 18% 2% 7% 2 "1 15 2 9% 2% 2% 2% 2% 2% 2% 3% 100 100 * 30c 1% 65c Sale 2% 3% 14% 16% 1% 6% % 4% 20c 100 -.2.50 lieece Button Hole Mach Reece Folding Mach Co Shawmut Assn dividend 2 2 "14"" "14% 100 Pennsylvania RR Quincy Mining Co. a;Ei 47% 19% 1% 2 2% 2% Sale 2% 2% 1% 2% 1H 2% 2% 3% 3 1% 23 * ____ 143 % 21 * 1% 15% . 11% 85% 3 % 16% 3% 100 * 50c Apr. 1% Apr. Apr. Sale 173 Sale" 172% Apr. % Sale % Apr. 26 27% 25% 25% Apr. 102 97 Sale 95 % Apr Sale 11% Sale 11% Apr. Sale 82 Sale 82 Apr. Sale 139 144% Sale Apr. 48 46 Sale 45% Apr. Sale 20% 19% Apr. 20% 1 2% 2 1 % Apr. Sale * 2 2% % Apr. 98 2% 15% 2% 3% ... No par value. 1 58 8,945 Torrington Co (The) 200 Union Cop Land & Min Co..25 2,263 Union Twist Drill 5 19,245 United Shoe Mach Corp 25 6 % cum preferred 1,457 .25 14,574 Utah Metal & Tunnel 1 178 145% Sale 44% Sale 18% Sale 100 Class B Stone & Webster Inc. 195 Suburban Elec Secur 95 Sale Sale 100 974 Certificates of deposit 2,078 Old Dominion Co 1,805 Pacific Mills 900 450 First preferred Preferred B 64,205 North Butte Mining 106 Northern RR (JN Hj__. 1,742 Old Colony 277 3,302 _10 200 N E Gas & El Assn pref 7,621 New England Tel & Tel 5 New River Co common 2,387 N Y N H & Hartford 1,804 30,923 Co 25 2,410 Maine Central ,__100 975 Preferred 5% 100 5,107 Mass Util Associates vt c 1 200 Mayflower Old Colony Cop_ _25 4,263 Mergenthaler Linotype. * 12,138 Narragansett Rac'g Assn Inc.l 1,300 National Ser Co common.___1 1,090 National Tunnel & Mines * 285 96% Apr. Apr. 9 98 Apr. 10 101% Apr. Apr. 3 106% Apr. 103 Apr. 4 106% Apr. 104 45c 17% "27"" Sale * 50c - Sale *25 Royale Copper. 216 Loew's Theatres (Boston) 134 - 11% Sale 78 100 2,810 Isle 856 98 ■ — 9% 320 Helvetia Oil Co v t c 1 100 Int'l Button Hole Mach Co__10 ~ 101% Sale 1% 172% 31% 2 4,349 Gillette Safety Razor Co * 391 Hathaway Bakeries class A___* 650 Preferred * 40 Sale - 100 20 Economy Grocery Stores 12,388 Employers' Group Assoc 190 General Capital Corp Georgian Inc (The)— 180 8% cum class A pref 742 Gilchrist Co 3,732 97 % 100 15 30 92 CI E 4% % cum. pf std__100 1,813 Adjustment 17,928 Eastern SS Lines, Inc 330 Preferred 11,602 Ask 97 38c 1% 100 1,823 Eastern Gas & Fuel Assn com_* 6,739 4%% cum prior pref.-_-100 5,658 6% cum preferred 100 1,282 East Mass St Ry Co 100 1,390 1,799 50c 1% 15 171 100 Class B 1st pref stpd--__ 100 1st preferred class B 100 Class O 1st pref stpd 100 1st pref class C__ 100 287 East Boston """428 Ask Bid 103% 106% 106 103% 106% 106 35c 100 161 Cliff Mining Co 7,628 Copper Range Oo_ "2,798 Bid 96 % 100 100 Class A 1st pref stpd 1st preferred class A _ 924 94 93 100 100 4,408 Boston Personal Prop Trust- * 670 Boston & Providence 100 655 Brown & Durrel Co common * 2,493 Calumet & Hecla 5 151 Ask par 3,906 American Pneumatic Service- * 2,292 6% non-cum preferred 50 575 First preferred i 50 36,345 American Telep & Teleg___100 1,362 Assoc Uas & El Co class A 1 752 • Bond Sales 441,032 1,806,576 8 18 5 24 16 70c 5 21 78 Alar. 27 60c Apr. 8 15c Feb. 29 36c Feb. 23 16% 24% 1% 9% 1% Apr. Jan. Jan. Jan. 24 Feb. 16 12 6 12 Feb. 17 4 5 12% Jan. 70c Apr. 25 5 45% Apr. 33% Mar. 16 5c Jan. 8 31 Apr. 30 78% Afar. 20 44% Apr. 29 62c Apr. 12 2 91 Mar. 2 Apr. 16 8 7% Mar. 1% Mar. 18 31 Apr. 30 .Y RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE April 177,105 Apr. 30 Bond Sales 30,012 137,184 54,772 Shares. Jan. 1 to 1939 1940 Stock Sales 1939 1940 April Jan. 1 to Apr. 30. AQOREQATE CLEVELAND STOCK EXCHANGE SALES In PRICES IN APRIL April Shares 304 STOCKS Jan. 1 25 425 1,390 Amer Coach & Body -.--5 1,002 uAmerican Home Products..-1 1,084 Apex Electric & Mfg.. * Prior preferred 335 100 430 515 21 456 uBond Stores common 219 1,841 .1 5,956 Brewing Corp of America 49 Canfleld oil 10 652 common...... 3,796 City Ice & Fuel.... 39 130 108 210 2,849 1,159 6,230 2,705 15 67 592 1,939 1,090 5,863 9,577 690 32,363 2,050 200 520 3 100 * 10G Clark Controller 1 Cleveland Builders Realty.._* Cleveland Cliffs Iron $5 pf--.* Clev El 111 $4.50 cum pre? .♦ uCleve Graphite Bronze com.l Cleveland Kys 100 Cliffs Corp 5 Colonial Finance Co common. 1 Commercial Bookbinding....* ....... 0%% preferred ...... 775 894 Dow Chemical 5% pref .100 2,536 Eaton Mfg. Co.common 4 377 Elec Controller & Mfg... * 307 Faultless Rubber Co com * 385 uFirestone Tire & Rub com.. 10 789 Fostoria Pressed Steel.......* 252 1,305 uGeneral Electric 119 535 190 25 165 640 General Tire & Rubber com..5 904 uGlidden Co common. * 25 259 2,005 Goodrich (B.F.) Co.common * 2,635 Goodyear Tire & Rub com * 475 838 356 Great Lakes Towing.... 100 Preferred 155 100 351 Greif Bros Cooperage A com.* 195 111 146 200 Halle 55 Brothers... 41 454 2,478 50 9 270 33 100 38 235 Myers (F E) & Bros Co com..* 1 3,799 National Acme Co com 395 uNat Malleable Steel Cast com* 15 2,063 20 6,948 National Refining $6 prior preferred 1,892 40 8% cum pref____ 2,977 219 40 ""870 130 ""852 2,249 Otis Steel Co 875 Packer Corp 751 105 123 375 534 3,024 667 Seiberling 107 17 45 """627 2,410 60 218 415 1,655 1,307 245 631 * Rubber Co com * Sparks Withington Co— 6% cum conv pref 100 Stourfer Corp— Class A $2.25 cum pref • Thompson Products Inc com.* uTimken Roller Bearing com.* Troxel Mfg __1 * 1,757 Upson-Walton.............. 1 6,542 Van Dorn Iron Wks Co com..* ♦ 782 Vlchek Tooi 352 Warren Ref & Chem com..-.2 W 85 88 85 2554 654 2854 634 13 on 65 "1354 13 13 54 97 94 97 96 1634 1% 18 1534 1634 14 3634 Sale 18H 1734 Sale 12% 8 114 5454 6334 115 36 116 1334 2 3 58 113 11234 Sale 2 62 34 11234 4034 42 42 54 2834 1654 12 34 734 2954 28 17 1734 1234 116 13 7 834 117 116 29% 3034 3354 3434 35 %» 50 45 46 45 20 16 2134 1554 1954 20 21 2054 1834 334 3734 1734 1754 1634 2134 3% 40% 22% 18% 1934 23% 5 "H" 23% 18% 20 24% 12 17 66 41 39% 12 36 41 Sale 39 3854 1954 2034 1754 1754 1854 1934 2334 Sale 15 18 15 10334 4 52 60 60 45 "46% 4934 13 54 4434 1154 1234 42 4154 Sale 104 10534 103 3% Sale 334 2834 26 54 27 25 1234 4234 934 4054 1034 45 m . "13,34 14 1054 3934 1634 1434 4% 12% 41% 18 15% 35 28% 16% Sale 2 1% 1734 3 1034 3 13 43 34 16 1334 4354 1734 43 34 32 38 32 16 1654 154 1634 154 134 60 65 3634 3654 3534 654 3134 1234 4934 "36"" "1734 1734 60 4 6 834 3334 10 5034 14% 1534 17 26 2634 23 34 3 334 3654 37 40 74 50 55 > 1634 34% J* 13 2354 Sale 154 1834 1834 30 1954 W 1bH "7% 12 Sale 13 1434 1334 23% 15 35 8% 134 30 "2554 Sale 3634 9 2154 "22"" 1234 734 1034 1054 9 1334 1254 2154 3954 654 1 3034 5054 3% 1054 1454 6654 454 334 53| 28 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 1734 al634 Apr. 19 al834 Apr. 1 10 10 1134 Apr. Apr. 4 34 Apr. 434 4 54 Apr. 9 34 Apr. 934 Apr. 8 Apr. 854 Apr. 6454 a6354 Apr. a6534 Apr. al5 1434 al2 Apr. Apr. 88 88 Apr. Apr. "2934 a2554 Apr. a2934 Apr. Sale a634 Apr. a654 Apr. 75 75 Apr. Apr. "1334 al3 Apr. al354 Apr. 98 a97 a9634 Apr. Apr. 16 al5 Apr. al554 Apr. 2 2 234 Apr. Apr. 54 63 34 Apr. 6354 Apr. 115 all2 34 Apr. all234 Apr. 41 a42 34 Apr. a3834 Apr. Sale 27 29 34 Apr. Apr. Sale 1634 Apr. 1834 Apr. Sale 13 1234 Apr. Apr. 10 8 734 Apr. Apr. 116 117 117 Apr. Apr. a34 36 Apr. a3654 Apr. Sale 45 Apr. 4734 Apr. 17 1654 Apr. 1654 Apr. 1934 al834 Apr. a2034 Apr. 5 6 Apr. 534 Apr. a40 3734 a37 Apr. Apr. 1834 a2054 Apr. a2134 Apr. 18 al754 Apr. al854 Apr. 1734 al654 Apr. a2034 Apr. 22 a21 % Apr. a2454 Apr. 16 22 18 Apr. Apr. 58 66 58 Apr. Apr. 45 45 45 Apr. Apr. 13 54 Apr. 13 54 Apr. 1334 42 34 Apr. 4154 Apr. 4254 105 al04 al0234 Apr. Apr. 5 3 34 Apr. 334 Apr. 2534 a.24% Apr. a2734 Apr. a 12 11 al034 Apr. Apr. 41 44 4054 Apr. Apr. Sale 1634 Apr. 1634 Apr. Sale 1354 Apr. 1434 Apr. 4 2% Apr. 334 Apr. 15 1334 Apr. 1334 Apr. 4354 a4534 Apr. a4634 Apr. 1734 Sale 32 Apr. 25 3334 Apr. 17 19 17 1634 Apr. 20 Apr. 11 2 154 Apr. 11 154 Apr. 11 10 1454 1334 Sale Sale 7 x "3854 6 40 37 11 15 15 16 67„ 5854 454 434 534 34 37% a3534 49 a5054 4 434 11% al234 14 14% 01% a5854 5% 534 4 334 4 6 134 1134 1254 4734 2834 8 6134 1234 4054 23 1234 4134 2334 which odd lot sales were based, Jan. 48% 3% 10% 13% 60% 4% 3% 6 1 9% 61% 12% 42% 21% Apr. 12 a3834 Apr. 9 a5154 Apr. Apr. 8 Apr. A* Apr. 8 al254 Apr. Apr. 15 Apr. 26 Apr. 1 a6554 Apr. Apr. 9 Apr. 534 Apr. 8 Apr 434 Apr. . 16 4 4 8 5 9 9 1 x 1% 14 . „ 1 Apr. 954 Apr. 18 1 4 10 x 13% al234 Apr. 43% a4034 Apr. 22 a23 54 Apr. Apr. Apr. 18 15 z93 3 a25 Apr 10 Mar. 2 90 Mar. 21 5 z2934 Apr. 25 z7 Mar. 15 75 Mar. 27 15 z1434 Jan. Mar. 13 z98 Apr. 26 154 Jan. 13 zl5 2 26 Feb. 1634 Jan. Feb. 6 11 23 51 Feb. 1 6334 Apr. 29 zlll Feb. 27 zll434 Jan. 10 z3534 Jan. 2 z4334 Apr. 8 1734 Jan. 13 2954 Mar. 19 1554 Mar. 18 18 34 Apr. 9 11 Feb. 1 13 8 Apr. 7 Jan. 19 8 8 Apr. 11434 Feb. 24 117 5 Apr. 9 z2734 Jan. 15 z37 Apr. 45 Feb. 1654 Apr. Apr. 334 Feb. z3734 Feb. zl754 Apr. zl654 Mar. zl634 Jan. z2134 Apr. 13 34 Feb. zl9 50 Feb. 45 Apr. 13 34 Feb. 41 Jan. zlOl 3 Feb. 2 Jan. 3 17 34 Jan. z2154 Jan. 534 Apr. 3 50 22 16 19 29 30 16 15 26 26 z41 6 Jan. 2 4 3 6 z2054 Apr. 6 *2434 Apr. 18 Apr. 10 1 58 Apr. 25 50 Jan. 25 12 Jan. 22 27 15 20 4234 Apr. 12 14 zl0534Mar.30 __ Jan. 4 4 Jan. Jan. 23 z29 z834 Mar. 18 z1234 Jan. 44 4 Apr. 9 1734 Feb. 36 54 Mar. 16 Jan. 13 6 z2354 Jan. zl954 Jan. z24 54 Apr. 29 3 4 5 17 Feb. 6 15 J an. 6 2 34 Apr. Feb. 3 4 Jan. 3 11 _ 5 1334 15 z4634 7 1734 31 Mar. 7 3334 1534 Mar. 1 1734 154 Mar. 8 154 Apr. 17 Jan. Apr. 11 Jan. 8 z3534 Jan. 1634 Feb. Jan. 4 Jan. *934 Jan 14 Apr. *53 34 Mar 5 ' 8 Mar. 334 Jan. 534 Feb. 1 Apr. 954 Feb. Jan. *1034 Mar. *37 34 Mar. 4 z2134 Apr. 9 15 60 Mar. 13 Apr. 15 8 Jan. 16 z4034 Apr. 30 834 Apr. 18 z41 Apr. 26 zl3 Apr. 26 z53 Apr. 23 z2134 Apr. 18 z27 Jan. 12 2354 Apr. 9 41 Apr. 10 55 Apr. 24 154 Jan. 5 8 8 19 16 3 9 _ 29 4 6 10 10 4 Jan. 26 16 zl834 Jan. 29 3034 Feb. 13 z24 Apr. 2 „ 1 3 6 13 15 Mar. 13 24 z8 Apr. 4 16 zl254 Mar. 3 2 10 Jan. 2 19 1434 Mar. 11 14 1434 Apr. 5 22 *2334 Jan. 3 24 Mar. 13 3534 Feb. *2734 Jan. z4634 Jan. 65 x 5 al3 54 Apr. 1 a45 Apr. 26 Jan* Jan. 23 Mar. 20 zl254 Jan. 63 65 3534 49 5 1 234 654 z6 70 nH 3454 4834 454 1134 4 854 Apr. 19 li 13 z6634 Apr. 3 14 zl5 Apr. 18 60 x 37 5834 534 Sale 654 154 1034 85 z22 a36 35% 434 Jan. a40 37 51 8 634 Jan. x56% Jan. 1154 Feb. 934 Sale 36 3154 z1634 Apr. 30 zl934 Jan. 4 10 34 Feb. 21 834 Mar. 6 4 34 Apr. 22 454 Apr. 13 Mar. Apr. 3 a3954 Apr. 9 z33 454 Jan. 854 Apr. 19 834' rtpr. 19 Apr. 30 a40 Apr, 30 z2434 Feb. z934 Jan. 1134 1234 al 1 34 Apr. 16 al2 Apr. 16 53 a5134 Apr. 18 a5134 Apr. 18 z4934 Mar. "2034 2134 al734 Apr. 3 a21 34 Apr. 29 zl3 34 Feb. 25 a2454 Apr. 2454 9 a2634 Apr. 9 z2134 Mar. a3 34 Apr. a3 54 Apr. 334 z234 Jan. 1 8 Sale 3634 Jan. Apr. 9 41 Apr. 10 55 74 Apr. Apr. 10 55 Apr. 10 134 Jan. ""134 154 1H Apr. 4 134 Apr. 16 1 z34 Jan. 16 1554 al554 Apr. 26 al834 Apr. 4 zl434 Mar. 30 30 Feb. 3034 Apr. 4 30 Apr. 4 2234 "2234 a22 Apr. 19 a23 Apr. 10 z1934 Jan. 15 Mar. 1234 z634 Feb. 734 754 a734 Apr. 12 a834 Apr. 4 10 z934 Mar. 1034 al034 Apr. 16 al2 Apr. 9 2 1134 954 Apr. 954 954 Apr. 954 Apr. 2 14 14 1334 Feb. 1634 1334 Apr. 16 Apr. 16 12 54 1234 Feb. 1334 a 13 Apr. 24 al434 Apr. 5 9 a2354 Apr. 2154 a2034 Apr. 9 zl854 Jan. Sale 38 39 3634 Jan. Apr. 19 3934 Apr. 3 z6 7 Apr. 7% a634 Apr. 10 a754 Apr. 29 38 65 35 Ask 60 2754 1034 25% 1234 4634 Reflects prices in primary markets Unlisted. 1334 1254 1034 6234 119 W R I Corp "e!* 6334 1234 94 einberger Drug Stores * 6% prior pref .100 1,136 02% 1154 «SM 59 1,547 White Motor ] 1,565 Youngstown Sheet & Tube...* 325 uYoungstown Steel Door com. * a u ... 1 539 Union Metals Mfg Co.......* * 4,035 uU S Steel common 75 840 ...........* 690 uTwin Coach common 20 4 * common Patterson-Sargent 1,678 Reliance Elec & Eng com....5 7,737 uRepublic Steel common... * 12,119 Richman Bros ............ 2,804 552 * 934 Sale 2534 100 * 370 Ohio Brass class B 10 Ohio Confection Co cl A com.* * 2,334 uohio Oil common 70 267 * ... 1,710 National Tile ....._* 912 Nestle LeMur "A" ........ * 1,998 uN Y Central RR com 270 Nineteen Hundred Corp A—.* 440 ^ 20 Metropolitan Pav'g Brick pf 100 894 Midland Steel Prod ...._* 2,998 Miller Wholesale Drug * 225 Monarch Machine Tool Co...* 709 Murray Ohio Mfg ._* 480 160 Machine- 344 McKee (Arthur G) class B...* 1,082 Medusa Portland Cement—..* 597 Metrop Pav Brick Co com.. 105 416 8 95 13% 13% 334 12% 100 McKay ""184 "9% 8 2354 28% L) common..1 1654 1034 8 87 22 % 6 102 3 620 uMartin (Glenn 150 18% Sale 60% 581 Jaeger Machine ........* * 1,593 Kelly Island L & T 6,721 Lamson-Sessions............* * 505 Leland Electric 542 9 8 1,021 ulndustrial Rayon com * * 1,796 u Inter lake iron common 2,856 Interlake 8S_............... 855 April 30 Ask Bid 5% 59% 12% 12 ... Bid 4 ........5 434 126 2,574 8 Preferred 50 250 Hanna (M A) $5 pref........* 725 Uarbauer Company....... * 120 16 132 •» * com 1834 9% 18% Air-Way El Appli 1st 7% pf 100 — 700 Ask Bid 325 Akron Brass Mfg com (new) .50 Common (old) 1.145 * 466 April 1 1940 Par Shares 636 uAddressog-Multigraph com. 10 325 RANGE SINCE JAN. Price Jan. 2 Since 40 34 Mar. 12 z834 Jan. 5 63 Mar. 13 36 Jan. 6 3834 Apr. 16 Jan. 3 534 Feb. 14 z52 zl3 34 Mar. 1554 z6854 534" 434 !B 8* Mar. Jan. Jan. Apr. 8 7 3 20 1 Feb. 27 Feb. 21 Jan. 2 Jan. 20 1334 Apr. z4834 Jan. z2834 Jan. 9 3 4 ~tT t Reflects range of prices in primary mar x No print sales only- RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock Sales 1940 April 1939 ' 387,186 Shares. 276,831 I Stock Sales 1940 ..Shares. Jan. 1 to April 30_. 1939 1,223,797 1,119,300 AGGREGATE DETROIT STOCK EXCHANGE SALES In April Jan. 1 Shares Shares 1,325 1,250 1,775 10,344 1,150 285 4,557 3,635 2,668 240 400 2,355 7,415 5,045 24,248 1,775 1,325 11,433 640 600 STOCKS 1940 Par Allen Elec & Equipment 1 Atlas Drop Forge common 5 Auto City Brewing common--1 Baldwin Rubber common 1 Bohn Aluminum & Brass 5 Bower Roller Bearing Briggs Mfg Co Bid IK April 1 Bid Ask 19* 39* 2 2 4 25c 27c 18c 69* 69* Sale 26 33 K 21 5 ♦ common 6,526 Brown-McLaren Mfg Co 219* 23 90c 1 9,522 Burroughs Adding Mach * 5,440 Burry Biscuit Corp .129*c 500 Capital City Products * Casco Products Corp * UK IK 99* Sale' 10 9* 1 IK Strip Co common-. 5,439 Chrysler Corp common 1.493 Consolidated Paper com 3.132 Consumers Steel Products 5 5 10 1 14* 90c 624 Deisel Wemmer Gilbert com. 10 "16 9* Sale 80c Sale 1239* Sale '""160 1,914 Detroit Edison 507 250 4,195 11,658 3,615 3,310 502 10,600 ""loo 557 9,550 12,820 2,681 2,550 5,923 50 1,863 268 "9",819 1,681 6,310 2,090 1,320 2,907 530 1,240 ~~4,740 1,500 26,059 950 100 common 4,295 Detroit Gray Iron Fdy 35,092 Detroit Mien Stove common 14,475 Detroit Paper Products. 814 Detroit Steel Corp common 680 Detroit Steei Products 1,552 Divco-Twin Truck Co 2,867 1,141 10.296 38,976 11,399 11,859 1 1 5 1 5 3 5 Mogul common. * com _ 960 Gemmer Mfg Co class A Class B 1,298 * * General Finance Corp com 1 General Motors common -10 Goebel Brewing Co common. 1 _ Graham-Paige Motor com -1 12,925 Grand Valley Brew common. .1 27,269 Hall Lamp Co. common 5 50 Home Dairy class A ,» 3,867 Hoover Steel Ball common.. 10 2,993 Hoskins Mfg Co common..2.50 Houdaille-Hershey 19.567 9,026 19,480 6,667 7,770 class A. Class B 985 4.060 1,378 25,913 325 3,593 419 10 4.061 4,000 752 1,130 4,993 ""'330 Kingston Products Corp.. Drug Co common- - common Muskegon Piston Ring com 37,658 Packard Motor Co com 14,441 Parke Davis & Co 4,979 Parker Rust-Proof 39* 19* 4 29* 30 6 20 9 30 10 30 13 6 8 18 19* Feb. 29* Feb. 18c Jan. 8 5 12 2 Apr. 30. 49* Apr. 6 25c Jan. 3 69* Jan. 20 249* Feb. 29 79* Apr. 9 289* Apr. 30 32 35 Feb. 6 199* Jan. 26 88c 18 Jan. 109* Apr. 22 87c Feb. 15 89* Apr. 5 Jan. 3 239* Apr. 30 19* Feb. 20 129* Jan. 4 19* Jan. 5 99* Jan. 3 1K 19* 15 66c IK IK IK 159* 189* Sale 159* 99c Sale 39* Jan. 19* 19* IK 4 39* 5K 259* 12 K Sale 49* 5K 29* Sale 271* 29 K 4K 59* 329* Sale 10 K 14 29* 29* 54 9* Sale 2% Sale 27 15 5 28 Sale 49* 29* Sale Sale "59* Sale 35 15 Sale Sale Sale 29 319* 109* 29* 53 9* 1 9 Sale 359* 39* Sale 339* Sale 149* Sale 4 39* 29* 29* 25 279* 6 69* 33 12 9* 1 35 8 Apr. Apr. 25 Apr. 4 35 30 5 4 34 149* Apr. 49* Apr. 2 9* Apr. 29 Apr. 5 9* Apr. 18 2 159* 4 9* 25* 2 29 6 11 Sale 95c 81c Sale 80c 65c 75c 119* 119* 12 11 6K '15 9* 189* 139* 17 139* Sale Sale 6 30 7 179* 14 29* Sale 29* 6 69* 29* • 7 179* 139* 189* 13 9* 149* 59* 15 45c 49c 249* 25 49* 19* 25 26 25 26 8 29 Feb. Jan. 125 1189* Mar. 13 19 Feb. 2 1, 75c Jan. Mar. 14 9* 19 Feb. 19* 29* 19* 159* Feb. 21 10 4 8 8 1 Apr. 4 Apr. Apr. 15 Apr. 29 1 Apr. 1 Apr. Apr. 16 2 Apr. Apr. 23 309* Jan. 20 39* Apr. 30 209* Jan. 15 12 Jan. 13 4 3 Apr. 13 Mar. 27 Apr. Apr. 10 4 Feb. 19 99* Feb. 27 19* Apr. 18 Jan. 18 5 2 189* Jan. 19 9* Apr. 10 19* Apr. 23 169* Jan. 70c Jan. Mar. 15 29* Apr. ,2 289* Jan. 16 49* Mar. 19 35 Apr. 49* Feb. Apr. 159* Mar. 49* Jan. 29* Jan. 329* Jan. 69* Apr. 34 4 8 29 15 3 8 25 23 32 119* 73c 10 8 3 2 Feb. 23 35 29* 54 Apr. 19* Apr. 3 9* Apr. 78c 2 9* 90c 9 28 9* Apr. 129* Apr. 30 2 9* Apr. 26 53 Apr. 26 2 9* Apr. 1 81c Apr. 30 65c Apr. 26 59* 13 K 80c 19 9 "70c" Mar. Jan. 199* Apr. 10 199* Apr. 4 Apr. 19* Apr. 119 121 1189*, Apr. 12 120 9* Apr. 1209* Sale 2 19* 19* Apr. 19* 19* IK 19* Apr. 2 Sale 2 2 19* Apr. 16 19* Apr. Sale 95c Apr. 1 95c Sale IK Apr. 15 16 16 4 159* Apr. 139* 159* Apr. 189* 88c 19 IK 909* Apr. 16 9* Apr. 19* Jan. 49* Feb. 829* Feb. 159* Jan. 19 56c * 10 10 2.50 * * 1 5 19* 4 19* 59* Sale 2 49* 19* 17,742 Tivoli Brewing Co commonl.l 2,071 Union Investment Co com * 4,362 United Shirt Distributors. * 23,522 United Specialties common 1 U S Graphite Co new com 200 5 1 50 44c 19* Sale 39* 49* 19* 19* 15* Apr. 19 6 Apr. 17 4 179* Apr. 139* Apr. 25 129* Apr. 30 29* Apr. 10 56 Apr. 39* Apr. 99c Apr. 80c Apr. 13 9* Apr. 6 Apr. 19 8 15 13 2 Feb. 14 33 Jan. 30 109* 2 9* 519* 29* 81c Feb. 16 139* Jan. 24 Apr. 26 29* Jan. 5 8 15 5 2 56c Jan. 15 Jan. 2 Apr. 30 Mar. 9 59* Feb. 17 6 Apr. 179* Apr. 139* Jan. " 9 Apr. 139* Apr. 24 9 9 17 4 15 56 Apr. 39* Apr. 19* Jan. 80c Apr. 149* Feb. 9 17 9 8 169* Apr. 69* Feb. 15 17 139* Apr. 6 Apr. Apr. 19 90c 18c Sale "19* 1 40c 36c 40c 25c Sale 23c Sale 71c 27c 2 Sale 29* 29* 6 72c 8 83c 95c 49* 109* 29* 49* 69* 79* Sale 19* Sale 25c 33c 37c 119* 12 159* 169* 149* 169* 79* 8 75c 19* 59* 19* 5 11 Sale 39* 449* Sale 109* 29* 43 43 9* 209* 21 115* Sale 19* Sale 89* 9 19* 19* 1 9* Sale 20c 2 8 Sale 109* Sale 29* 39* 29* Sale 12 25 5 19* 13 9* 96 100 23 24 29* Sale 29* 5 4 4 Sale . 29* 29* 229* 6 9* 19* 19* 139* 3 Sale 229* Sale 99 80c 169* 79* 159* 179* Sale 39* 439* 39* 44 20 21 14 9* 19* 99* 19* Sale 249* 29* 39* 49* Sale 29* 39* 49* Sale 49* 6 9* 8 69* 19* 149* 2 73c 49* 10 2 35c 14 9* Sale 19* Sale 19* "iK "19* 249* 49* 19* 19* 1 40c 40c Sale 189* Sale 39* Sale Sale Sale 199* 209* 89* Sale 19* 19* 69* 69* 19* 2 19* 29* 19* 74c Sale 6 60c 6 9 149* Apr. 5 9* Apr. 19 40c Apr. 20 19* Apr. 22 46c 2 Apr. 5 259* Apr. 2 49* Apr. 8 19* Apr. 169* Apr. 15 8 69* Apr. 46c Apr. 12 1 9* Apr. 1 49c Apr. 25 259* Apr. 16 2 49* Apr. 2 19* Apr. 5 119* Feb. 59* Jan. 22 40c Apr. 20 19* Mar. 15 Jan. 9 19* Jan. 10 52c 15 60c 249* Jan. 15 26 Jan. 13 19* Apr. 8 35c 4 F'eb. Mar. 9 Feb. 24 49* Mar. 19* Jan. 7 4 21 21 1 69* Sale 49* -III 1,645 Simplicity Pattern common _1 11,814 Standard Tube Co class B 1 3,860 Stearns (Frederick) common..* 164 5% cum part pref 100 Timken Axle common 12.297 10 4 19* 46c 1 61. 85c 53c 2,818 Rickel (H W) & Co common.-2 6,784 River Raisin Pgper com 6,788 Scotten Dillon common 10 62,258 Sheller Mfg Co common see page 68c 50c ...2.50 27,723 Parker Wolverine Co com 14.560 Peninsular Metal Products 9.133 Pfeiffer Brewing Co com 3,790 Prudential Investing Corp 595 U S Radiator common Preferred 85c 1 1 * com. 8,213 Reo Motor common 305 Reo Motors Inc v t c 59* 869* 16 44c 3,190 Michigan Silica Co common. .1 825 Mich Steel Tube Prod....2.50 Corp 85 9* 13 9* Sale 6,819 LaSalle Wines & Champagne.2 Mahon (R C) class A pref * 17,360 Masco Screw Products 1 3,583 McAleer Mfg Co common * 53,478 McClanahan Oil Co common .1 Foa foot notes 1 89* Sale 10,935 Kresge (S S) Co common 10 588 Lakey Fdy & Mach common._1 215 109* 19* 45c 35,090 Murray 1,857 Sale 119* 19* 149* 59* 7,603 1,640 305 90c 139* 59* 1,511 6,440 770 22 Sale 25c 30 40,166 Micromanic Hone Corp 1 53,280 Mid-West Abrasive com 50c 5,657 Moore (Tom) Distillery Oo__ New certificates 200 11.568 Motor Products Corp com * 5,326 Motor Wheel common 5 10,179 34 Sale 91c * _ 8,568 20,640 908 200 4,208 539 369* "239* 1.00 _* - 16,513 Michigan Sugar common Preferred 1,914 "4",656 909* Apr. 16 9* Apr. 85c Apr. 49* Apr. 19* Apr. 269* .1 . 11,585 1,336 3,817 2 869* Apr. 16 Apr. 26 80c 3 Apr. 39* Apr. 26 6 19* Apr. 6 9* Sale * - Hudson Motor Car Hurd Lock & Mfg Co com Kinsei 2 Apr. 49* Apr. Apr. 7 9* Apr. 28 9* Apr. 34 Apr. 23 9* Apr. 19* Apr. 11 Apr. 19* Apr. 8 9* Apr. 229* 4 Ejireka Vacuum Cleaner Frankenmuth Brewing com. 1 3,851 Fruehauf Trailer Co com .1 18,921 Gar Wood Industries com 3 2.494 33,868 21,240 13,493 4 30 Apr. Apr. Apr. Apr. Apr. Apr. 24 Apr. 22 Apr. 27 Apr. 5 19* Apr. 3 9* Apr. 18c Sale 34 1 Ex-Cell-O Corp Federal Highest Sale Prices 69* 59* 869* 169* 39* 19* 3 10 new Eaton Mfg Co common Federal Motor Truck 2 1 350 Durham Mfg Co common 350 Lowest Sale Prices 28 9* 68c 95c Sale 24,609 Detroit & Cleve Nav com.-,10 240 27c 869* 159* 5 90 9* 14,930 609 Sale 39* Sale 25c Sale 269* Highest Sale Prices Metal Weather """172 1,290 6,750 9,873 Ask 9 3K 450 2 19* 3 9* 20c Lowest Sale Prices April 30 Ask Bid 9 27.559 Continental Motors common _1 823 Crowley, Milner & Co com * 100 Cunningham Drug Stores.2.50 1,997 1 Jan. 2 Chamberlin 1,847 RANGE SINCE JAN. PRICES IN APRIL Price Since 29* 2 22 3 29* 23 69* Sale 19* 29* 19* 15* 13 9* 14 989* 27 29* 3 49* 6 69* 2 279* 29* 39* Sale 69* 79* 29* 55c 13 9* 179* 79* Apr. Apr. Apr. Apr. 19* Apr. 75c Apr. Apr. 29* Apr. 27c Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 119* 29* 38c 55c 16 189* 89* 39* Apr. 22 43 9* Apr. 21 Apr. 119* Apr. 19* Apr. 9 Apr. 19* Apr. 1 9* Apr. 19* Apr. 29* Apr. 2 Apr. 229* Apr. 69* Apr. IK Apr. 19* Apr. 139* Apr. 99 Apr. 24 Apr. 29* Apr 3 Apr. 49* Apr. 69* Apr. . 29* Apr. 2 24 1 1 4 2 1 26 6 1 2 10 3 3 10 1 10 2 19 4 26 17 1 9* Apr. 14 Apr. 99 269* 2 9* 3 9* 49* 79* 29 2 Feb. 13 75c Jan. 16 27c 15 Mar. 18 2 5 9* Mar. Mar. 21 72c 7 2 19* Apr. Apr. 119* Mar. 29* Apr. 28 15 4 43c Jan. 27 Apr. 19 109* Feb. 29 55c Apr. Apr. 18 9* Apr. 89* Feb. 19 16 18 6 16 49* 449* 219* 14]* 1K 99* 12 8 31 30 13 2 Jan. 26 79* Jan. 19* Jan. 2 Jan. 4 26c 55c 169* Jan. 59* Jan. 4 15 39* Jan. 15 Feb. 2 17 9 43 4 209* Feb. 23 8 89* Jan. 30 8 30 8 4 15 29 10 9 17 3 18 24 1 Apr. Apr. 23 5 Apr. Apr. 12 Apr. 10 8 Apr. 29* Apr. Feb. Jan. 19c 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 3 9* Apr. 449* Apr. 219* Apr. 14 9* Apr. 19* Apr. 99* Apr. 19* Apr. 2 Apr. IK Apr. 3 Apr. 29* Apr. 23 Apr. 7 Apr. 19* Apr. 11 9 17 18 90c 30c 19* Apr. 6 19* Jan. Apr. Apr. 2 9* Jan. 3 9 17 17 Mar. 1 69* Jan. 15 19* 19* 19* 29* A7/* Apr. 2 2 Jan. 5 Jan. 25 Feb. 27 19 4 15 3 Jan. 15 29* Apr. 10 Jan. 26 Jan. 29 Jan. 24 • 7 Mar. 29 Mar. 30 Jan. 12 29* Jan. 2 Jan. 39* Jan. 13 17 Jan. 10 79* Feb. 19 19* Mar. 8 10 15 Jan. 25 49* 19* 19* 13 9* 989* 3 15 Apr. 19* Apr. 4 Mar. 4 Mar. Jan. Jan. Apr. Mar. Feb. 2 Apr. 26 22 21 6 Jan. 19 Jan. 4 Apr. 17 IK Mar. 14 19* Apr. 18 Mar. 14 149* 999* 269* 29* 39* 49* 79* 79* 29* 119* Jan. 17 Apr. 23 Jan. 27 Mar. 11 Apr. Apr. Feb. Apr. 10 8 19 17 Jan. 24 DETROIT May, 1940] STOCK EXCHANGE 61 AQOREQATE SALES In DETROIT STOCK EXCHANGE ■ April Since Jan. 1 Shares Shares 884 Price Jan. 2 1940 STOCKS Par 1,304 Universal Cooler class a * 12,890 Class b ——* 3,776 Universal Products common..* 420 Walker & Co class a———* 7,754 Class b * 40,595 Warner Aircraft Corp com—1 32,230 Wayne Screw Prod common—4 18,800 Wolverine Brewing Co com—1 1,145 Wolverine Tube Co com -2 46 Preferred 100 2,202 Young (l a) Spring & Wire—* 3,223 1,645 "'765 9,884 9,726 3,650 100 " "l",398 UNLISTED DEPT.— 4,749 American Radiator... 981 145 --* 100 941 Amer Tel & Tel Co 283 1,154 Borden Company 15 1,280 Borg Warner Corp common..5 5,810 Commonw & Southern Corp—* * 1,411 Consolidated Oil co— 470 1,260 421 396 303 Bid 866 Dow Chemical Co com.. 500 104 27^ "23% 3 12c 683 935 4,995 295 2,319 a 5X 1% 23 X 21c Sale 5% 23c 6 25c 90 172% Sale X 48% Sale 1 Sale 29 Sale 6% Sale 16 % Sale 18% Sale 11% Deferred delivery sales. 11% Apr. 2 Apr. 172% 23 % Sale Sale 8% 172% 22% 22 Vs Sale 7% 167% 48 x 80c 35% 31% 16% Sale 47 X Sale Sale Sale Sale 2% 35 % 15 % Sale Sale Sale IX 2% 35% 31 % 5% 17% 15% 15% 10% 7 Sold for cash. r 6% Apr. 13 2 5 1 9 21c 12% 12% Sale 5 % Sale * 3% Apr. 1x Apr. 1% Apr. Sale Prices 5% Apr. 22 Apr. 2 8 2 23 X. Apr. 3% Apr. 27 9 1% Apr. 8 2x Apr. 25c Apr. 10 9 6% Apr. 106 Sale 1% 2 6% • Sale Sale Apr. 3 3* IX Sale 1% 8% 11% 18 Lowest Highest Sale Prices 5 Apr. 4 1 x Apr. 10 3 X 3H Sale 1% * 8,054 Standard Brands Inc— No par value. 4X 1% ^26% 314 1% 1% "23 * 16,926 New York Central rr— 579 Purity Bakeries Corp -* 1,520 Socony-Vacuum Corp..——15 207 Ask ~~7% Sale" 1 * 3,399 Kroger Grocery & Baking Co.* 9,413 Nash-Kelvinator Corp 5 3,527 National Dairy Products * 331 2% 19 - 26 7% 78% 104 11 11% 867 Jacobs (f l) Co com 1,147 Kenneeott Copper Corp 2,640 2 17 % 6% 10] 1713 5% RANGE SINCE JAN. Lowest April 30 Ask Bid 5 4 9c * Bid 1% Sale 1 1% 1,919 General Foods Corp —* 2,035 Hupp Motor Car Corp 1 2,202 Jnternat Industries com—----1 1,600 April 1 Ask ?B M - - * PRICES IN APRIL _ 27 Apr. Apr. Apr. Apr. Apr, Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 13% Apr. 16 9% Apr. 6 Apr. 6 Apr. 5 24% Apr. 4 1% Apr. 8 8 Apr. 4 170% Apr. 11 49 Apr. 15 80c Apr. 1 1% Apr. 11 2% Apr. 4 38% Apr. 4 34% Apr. 13 Apr. 3 18% Apr. 17 18X Apr. 8 Apr. 4 Apr. 6 8 Apr. 8 24 175 23 26 25 20 2 5 27 10 30 30 1 27 9 27 3 25 3 24 m Highest Sale Prices 5 Apr. 4 Jan. 12 162- Jan. 18 Feb. 9 Jan. 22 10 IX Mar. 16 Feb. 15 Jan. 10c 1 5 6X Jan. Sale Prices 5% Mar. 21 2% Mar. 26 23% Apr. 8 27 Feb. 10 3% Apr. 27 8 1% Jan. 2% Apr. 8 25c Apr. 10 6% Mar. 15 31 Feb. 29 105 104 Mar. 29 10% Mar. 21 13% Apr. 16 4 10% Jan. 175% Mar. 13 24 Apr. 5 3 25% Jan. 1% Apr. 8 8% 167% 21% 21x % 7% Apr. Jan. Jan. Mar. Mar. Jan. 145% Jan. 45 X Jan. 87c 8 Jan. 4 170% Apr. 11 49 Apr. 15 Jan. Jan. 1 IX Apr. 2% Mar. 34 X Feb. 28%. Jan. 5% Apr. 16% Jan. 14% Mar. 14% Mar. 10% Apr. 5% Jan. 1% 3% 38% 34% 2 Jan. 11 Mar. 5 Jan. 4 Apr. 13 Feb. 16 18% Apr. 18% Jan. 15% Apr. 17 1.2% Jan. 8 Apr. 2 3 4 8 Ex-dividend. x RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE Stock Sales 1940 April Shares Jan. 1 to April 30 AGGREGATE SALES In PHILADELPHIA STOCK EXCHANGE Jan. 1 BONDS 1940 STOCKS Shares 2,403 7,251 American Stores 7,372 American Tel <fc Tel 516 20 2,281 1,460 4.130 3,616 5,949 1,221 1,611 9,076 9,924 1,540 201 525 2,233 560 102 Bell Tel Co of Pa Budd (e g) Mfg 145 271 18,938 11,548 11% * 100 208 2,707 190 April 30 $182,500 RANGE SINCE JAN. Bid Lowest Highest Lowest Sale Prices Sale Prices Sale Prices April 30 Ask Bid Ask Sale pref 171 50 10 14 100 Co. * Budd Wheel Co * Chrysler Corp 5 Curtis Pub Co common * Electric Storage Battery General Motors.. * ...10 584 Phila Insulated Wire 2,200 Phila Rapid Transit 16 14 122% 5% 5% 90% Sale 4 Sale 28% 54% 119 34 2% 3% 8% 5% Sale Sale Sale Sale Sale 34h 2 3; 8! 13% 14 Sale 173 Sale 12% Apr. 171% Apr. 15 Apr. 15 15% 15% 15% Apr. 123% Sale 113% Apr. 116% Sale 5 5% 5% 5% 4% Apr. 5% 5% 5% Apr. 5% 5% 87% Sale 86% Sale 86% Apr. 3% Sale 3% Apr. Sale 31% Sale 321 30% Apr. Sale 54% Sale 541 53% Apr. 172 14 Sale 15 14 14% 15% 14% Apr. 8 174% Apr. 6 15 23 15% 11 123% 29 2 30 24 2 20 5% 6% 89% 4 33% 55% Apr. 23 Apr. 25 1 Apr. 4 Apr. 4 Apr. 6 Apr. 4 Apr. Apr. 11 6 Apr. 123 124 121% 126 122% Apr. 13 124% Apr .25 34% 35% 34% Sale 2 34% Apr. 30 35% Apr. 2 2% Sale 2% Sale Apr. 18 1 2% Apr. 2 3% 3% 2% 3 2 2% Apr. 3% Apr. 8 8% Sale 8% 8 8% Apr. 11 8% Apr. 2 Sale Sale 2 1% 21% 21% Sale 168 173 176 180 172% 2% 2% 2% 2%< 2% 117 Sale 115% 116% 114% 30% Sale 30% Sale 30% 16 16 16 16% 16% 22% Sale * 4 3 23 8 Apr. 10 2% Apr. 8 Apr. 18 24 Apr. 9 175% Apr. 16 Apr. Apr. 16 2% Apr. 16 8 Apr. 22 117% Apr. 1 31 Apr. Apr. 17 9 16 Apr. 9 Apr. ....50 2,275 7% preferred 50 2,212 Philadelphia Traction... 60 685 903 Salt Dome Oil Corp... 1 6,139 Scott Paper * Tacony-Palmyra Bridge— 695 Class a participating.. * 2,275 Tonopah Mining 1 1,113 Transit Invest Corp ......25 Preferred 6,597 25 1,308 391 700 423 2,924 4,057 Union Traction t, 307 1,053 47.691 746 205 ...... * No 431 Westmoreland par value. x 7 8 48% Sale 5 Coal Ex-dividend. * 8% 6% 47% 46 47% & Sale 8 % ....60 15,946 United Corp common * Preferred. 3,535 ..._* 193,804 United Gas Impt common .* Preferred 3,420 * 1,505 Westmoreland, Inc * 101 1 Highest Sale Prices 14 Feb. 10 11% Jan 64% Mar 12% Sale 57,715 Pennroad Corp v t c 1 34,526 Pennsylvania rr .....50 241 Pennsylvania Salt Mfg ...50 1,770 Penn Traffic common 2% 1.131 Phila Elec of Pa $5 pref * 11,609 Phila Elec Power pref... 25 65 Jan. 1 to April 1 Ask 12% 100 460 Horn & Hardart (Phila) com..* 924 Horn & Hardart (n y) com * 15,173 Lehigh Coai & Navigation * 860 Lehigh Valley 50 4,488 National Power & Light.....* 207 1,213 Bid 1939 $77,000 141,000 64% Mar. 28 par ... 265 Bankers Sec Corp pref 260 Barber Asphalt Corp 115 1940 April PRICES IN APRIL $ 181,500 Elec & Peoples tr ctfs 4s._ 1945 1,000 Lehigh Valley ann 6s Shares Bond Sales 252,103 974,007 Price Jan. 2 Since April 1939 242,522 963,616 Sale 45 - 47% % k % 6% Apr. 41% Apr. 44 Apr. <a Apr. te 3 18 4 16 6 20 8% Apr. 17 4 Apr. 49 1 47% Apr. % Apr. 16 % Apr. 24 6 % Apr. 2 2% Sale Apr. 29 3 2% Apr. 37 38% 39% 37% Sale Apr. 27 40% Apr. 9 13 Sale 12% Sale 11% Apr. 20 13% Apr. 1 116% Sale 114% Sale 112% Apr. 18 116% Apr. 1 12 10% 11 10% 11% Apr. 10 12 Apr. 10 12 14 10% 10% 10% Apr. 2 9 12% Apr. 2% Sale 11% Feb. 3 14% Apr. 8 168% Jan. 15 175% Jan. 8 13% Feb. 8 15 Feb. 21 5 13% Feb. 15% Apr. 25 113% Apr. 11 125% Jan. 31 4% Mar. 16 6 Jan. 10 4% Jan. 18 6% Feb. 17 80% Feb. 3 90% Jan. 4 3% Apr. 24 *: 4% Jan. 28% Jan. 23 33% Apr. 11 50% Jan. 15 55% Apr. 6 119 Jan. 34 2 125% Jan. Feb. 27 29 2 Jan. 2% Apr. 2 7 2 Mar. 1% Mar. 21 2% 24% 175% 2% 120% 31% Jan. 166% Jan. 2% Mar. 117% Mar. 30 % Mar, 15% 2% 4% 11% Jan. Jan. Jan. Jan. Jan. Jan. 2% Jan. 8 4 16 21 10 20 23 2 4 2 9 20 2 4 14% Feb. 'A Jan. 1% 36% 11% 111% 9% 9% Apr. Apr. Mar. Jan. Jan. 5% Jan. 41% Jan. % Apr. 3% Jan. 10 Apr. 2 Mar. 11 Feb. 8 Apr. 8 16 5% Mar. 30 41% Apr. 18 % Mar. 35% 2% 3% 8% 6 8% Apr. 17 Apr. 4 49 48% Mar. 7 % Feb. 14 % Feb. 29 1 Jan. 10 4% Feb. 3 Mar. 12 2% Jan. 6 Mar. 6 41% Feb. 13 6 Mar. 5 15% Jan. 5 117% Feb. 24 Mar. Feb. 26 12 Apr. 10 Jan. 15 12% Apr. 9 San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE April ------Shares_ - Jan. 1 to April 30__ - 1940 April--. Jan. 1 to April 30 448,108 840,511 2,312,792 2,170,865 AGGREGATE STOCK EXCHANGE In BONDS 1940 1 Price Jan. 2 Since April Jan. 1 • $19,000 RANGE SINCE JAN. PRICES IN APRIL SAN FRANCISCO SALES 1939 $7,000 70,000 Bond Sales 1939 1940 Stock Sales April 1 Ask 100 Bid $ 98 5,000 Atlas Diesel EngCo 6% —1945 Ask 10154 Highest Lowest Highest Sale Prices Sale Prices Sale Prices Lowest April 30 Ask Bid 10154 Bid Sale Prices 100 Jan. 128 Feb. 16 101 Feb. 27 Commonwealth Edison Co— 22,000 354% 32,000 Market Street Ry Co 7 % Certificates 7% 10,000 1,000 S J Lt & Pwr Corp 6% 5,000 1,000 "i",o66 Shares 1,485 751 l[572 2,083 432 " 1,650 1,537 2,601 STOCKS Shares 2,635 - 860 1.214 50 _ 12954 12954 12854 131 1958 -1940 1940 1952 130 74 76 82 75 81 65 74 63 13354 Apr. 26 654 10c 6 54 0% 50c Sale 4 Sale 6 54 7 12154 126 8% 0% 14* 15% 13% 18% 21% Sale 2.00 35 50 8 10 2.00 39 2.25 38 2.75 854 ""954 Sale 55 20c 20c 162 444 California Ink Co, Inc. capital * 17,767 California Packing capital—• Preferred 50 1,249 39 647 California Water Serv pref.100 Carson Hill Gold Mg capital..1 27c 34c 54 Caterpillar Tractor capital—.* 64% 354 Sale Mg Co com 1 89 54 91 Chrysler Corp common......5 Clorox Chemical cap 48 52 —10 326 Coast Cos G & E 6% 1st pf.100 106 54 .25 9,793 Commonwealth Edison 32% Sale" 29 30 1 1,849 Consol Aircraft Corp com 1,290 8,679 1,451 366 53 3,122 1,115 Central Eureka Consol 975 5 130 6454 Feb. 27 82 6454 Mar. 4 72 133 54 Apr. Apr. 4 Mar. 8 Mar. 8 26 13354 Apr. 26 105 28c 1.00 23c 42 Sale 65c 1.00 14 15 12c 15c 40 42 2454 2554 5154 5254 100% 10354 10554 Sale 30c Sale 25c Apr. 12 Apr. 25 5 Apr. 9 Apr. 3 Apr. 28c 50 49% c5\y 454 Sale 454 Sale 87 8554 8654 8554 50 55 5454 53% 10654 10854 10654 108 3254 Sale 3254 3254 2854 27% 20% 2954 4054 Apr. 2154 Apr. 5154 Apr. 105 Apr. 27c Apr. 4954 Apr. 3 54 Apr. 8754 Apr. 54 Apr. 107 Apr. 3254 Apr. 2954 Apr. 16 4 1 22 17 16 16 25 1.60 Apr. 5 1454 Apr. 1 1854 Apr. 4 2154 Apr. 2.30 Apr. 12 40 Apr. 22 854 Apr. 17 65c Apr. 16 17 Apr. 15 19c Apr. 17 12 4054 9 2554 10 5254 24 10554 13 1 28c 12 5154 454 8754 12 54 16 2 12 107 23 33 11 3154 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 12 26 3 4 6 15 6 Mar. 15 Mar. 26 654 Jan. 27 13c 4 Jan. 1354 Feb. 16 Feb. 8 11 Mar. 25 Feb. 9 uVA Jan. 10 Mar. 27 176H0 Feb. 24 Jan. 3 it* Mar. 29 2154 Mar. 29 2.30 Apr. 12 Apr. 22 40 17 9 Mar. 25 Apr. 16 65c 13 Feb. 16 17 Apr. 16 Apr. 15 15c Apr. 25 25c Feb. 14 854 Apr. 4054 Mar. 2154 Apr. 6 51 4 Jan. 10254 Jan. 9 4054 Mar. 2654 Feb. 5254 Jan. 20 106 32c 26c Jan. 24 49 Feb. 23 2 12 51 Jan. 12 106 Jan. 8 2 65c 354 Jan. 8454 Feb. 15 7 21 19 51 Jan 31 8 2.00 Mar. 5 37 Feb. 12 1 1 Feb. Jan. 2 5% Jan. 13 11654 Apr. 17 654 Mar, 20 1.50 Jan. 654 Feb. 20c 8 4 55 12 109 33 9 Mar. 29 8 Jan. 9 Jan. Mar. # 6 8 1 Apr. 12 Feb. 27 Feb. 15 3154 Jan. 23 2954 Apr. 11 Apr. 8 3154 Apr. 15 2354 Jan. 26 Chemical Industries Inc class A partic pref * 8,997 4,308 Consol Coppermines Corp cap 5 1 5,240 Creameries of Am Inc com 2,735 1.215 1 12254 18 2,180 21,803 5,385 6,620 74,364 3,368 4,944 654 Apr. 654 1354 Apr. 1654 Apr. 2154 Apr. 2.00 Apr. 40 Apr. 854 Apr. 65c Apr. 1454 Apr. 15c Apr. 10 24% 51% 9* Sale 1454 1754 2154 16 41 Sale a 1354 1654 2154 2154 1454 566 172 26 754 454 654 14% Sale J* 2354 Sale 11 65c 800 4 10 13354 Apr. 13c Apr. 654 Apr. 454 Apr. 6 Apr. 11654 Apr. 1.55 Apr. 1.00 50 54 51% 102 103 Sale 654 Apr. 24 13c 1.75 16 39 13c 1.50 12 54 18c * Class B 654 6 10c 1.60 1.55 18 1.55 20c 754 0% 7% 5 454 454 554 0% 0% 120 122% 125 554 7% 0% 2.00 20 Sale 13c 80c 6,461 Apr. Apr. par 4,557 Alaska Juneau Gold M cap.. 10 Angio-Amer Mining Corp Ltd— Common ———1 4,826 14,813 Anglo-Calif Nat'l Bank 20 9,202 Assoc Ins Fund Inc com cap.10 7,161 Atlas Imp Diesel Eng Co..—5 657 Bank of Calif Nat Assn cap.-80 800 Beech Aircraft Corp common. 1 16,140 Bishop OR Co cap..........2 8,674 Byron Jackson com cap ——* 7,601 Calamba Sugar Estate com..20 Preferred! ...20 2,630 * 1,454 Calaveras Cement Co com 170 Calaveras Cem Co 7 % preflOO 155 Calif Art Tile Corp class A * 10 10 4 130 10 74 70 3,137 Calif Cotton Mills capital.. 100 32,983 Calif-Engels Mining Co....25c 95 -Apr. Apr. 24% Sale 7% 8% 24% 854 5% Sale Sale Sale 26 854 554 Sale 9 554 2454 Apr. 854 Apr. 554 Apr. 1 1 1 26 Apr. 30 9 954 Apr. 6 6 Apr. 8 Feb. 30 2 554 Feb. 21 Apr. 30 954 Feb. 21 6 Apr. 6 Crocker First National Bank San Francisco cap.......100 280 70 320 17 17% 6 81,476 Crown Zellerb Corp com Preferred— Sale 90 5,530 60c 70c 700 Cypress Abbey Co common 2 1.95 2.50 1,840 Di Giorgio Fruit Corp com.. 10 Preferred ....100 11 9% 2,091 4% 2,706 Doernbecker Mfg Co........* 5% 30 49,353 2.089 500 150 785 1,261 4,362 El Dorado Oil Works cap....* 535 Electrical Products Corp.....4 11,471 Emporium Capwell capital...* Preferred w w ....50 3,302 2,626 Emsco Derrick & Eq Co cap..5 1,185 120 5.328 874 827 196 250 Ewa Plantation 751 Fireman's Fund Indem 154 20 cap..10 4,126 Fireman's Fund Insur cap..25 2,879 Food Machinery Corp com..10 1,835 Foster & Kieiser common—254 1,020 697 510 109 Class A preferred........2o Galland Mercantile Laundry— Common (capital).........* 460 General Metals Corp— 447 120 Common capital 254 3,230 .........10 16,932 General Motors 5,822 General Paint Corp common.* Preferred ....* 2,496 3,745 Gladding McBean Co com...* 1.090 5,370 1,540 486 1.329 9,041 49,013 Golden State Ltd capital.....* * 2,287 Greyhound Corp common 4,237 Gale Bros Stores Inc capital..* 876 1,044 788 Hancock 356 .* Oil 1,839 4,300 * 7,121 Hawaiian Pineapple Co 11,950 Holly Develop Co common—.1 100 9854 3054 2.25 454 8 11 Sale Sale 954 3354 4454 Sale 32% 33% 1.50 34% 17% 20 2.00 19 20 22% 20% 2154 7% 54% 8% 55% 654 5454 7% Sale 654 34 Sale 6 2.00 7 30% 34 5% 6 9% Sale 17 1754 13 14% 30% 38 19 Sale 6 3254 554 1054 1554 1454 36 Sale Sale 11 1654 15 38 1854 1954 854 454 854 5 295 5 300 Apr. 1 1554 Apr. 1954 2 8854 Apr. 9454 55c Apr. 20 57c 1.95 Apr. 1 1.95 854 Apr. 18 854 4 454 Apr. 454 7 Apr. Apr. Apr. Apr. Apr. Apr. Apr. 290 Jan. 24 300 22 15 Jan. 15 22 20 8854 Feb. 14 55c Apr. 20 1 1.95 Mar. 26 12 1 8 Mar. 23 4 4 Jan. 22 9 7 Apr. 1054 Feb. 16 8 Feb. 7 17 2.00 19 2054 3 Apr. 9 Apr. 1 Apr. 1 Apr. 2 Apr. 4 3154 Apr. 45 9 Apr. 98 Apr. 16 27 Apr. 22 2.00 Apr. 1 19 1 Apr. 2054 22 2054 Apr. 11 2154 Apr. 654 5354 554 3154 554 1054 9 754 Apr. 8 Apr. 8 654 Apr. 4 3254 Apr. 5 654 Apr. 4 1154 Apr. 4 1754 Apr. 1554 Apr. 11 40 Apr. 15 3 1954 Apr. 75c Apr. 10 654 654 1054 1054 19 54 Sale 4354 44 954 1054 3154 3254 4554 47 9854 Sale 2754 2754 2.10 654 Sale 5354 5454 5% Sale 31 33 554 654 1054 Sale 15 Sale 15 3654 1954 1554 4054 Sale Sale 66c Sale 75c 40% 42 17 18 15 554 Sale 14 1354 654 4154 12 * 11 4254 1354 1054 554 Sale 80c Co of Calif capital Honolulu Oil Corp Ltd Preferred .10 615 Hutchinson Sug Plant cap.. 15 259 I XL Mining Co 2 Pesos 4,805 Langendorf United Bak cl A—* Class B........—.—-* 6,001 Preferred ......50 162 259 30 3,738 4,209 3,911 37,672 1,100 1,251 Leslie Salt Co capital 10 LeTourneau Inc common.... 1 Libbv McNeill & Libby com.. 7 60c 2.00 7 6 80c 2.90 8% 1.00 354 8 4054 4354 32 34 * 20c 60c 496 ii",07i 1,475 250 Class B———— . ..... 1 .... 18,613 March ant Cal Mach Co com..5 ...10 3,667 Meier Ac Frank Co 8,398 430 185,015 Menasco Mfg Co common.... 1 23,602 Nat Auto Fibres Inc conMtk—1 14,143 Natomas Co capital.........* 768 North Am Inv Corp com...100 200 6% preferred ..100 96 554 % preferred .100 5,278 North Amer Oil Consol cap.. 10 1,074 Occidental Insurance capital. 10 7,000 Occidental Petrol Corp com.. 1 ... 121 295 2,457 5",267 1,569 No par O'Connor Moffatt & CoClass AA common...._...* 369 1,524 Oliver United Filters Inc A—.♦ Class B * 5,873 1,030 Paauhau Sug Plant Co cap..15 5,902 Paclfic-Amer Fisheries Inc...5 * 5,588 Pacific Can Co value. 7 39.54 4154 * com.... 354 Sale 6 654 3554 454 Lockheed Alrcr Corp 1,171 Lyons-Magnus Inc A 465 Sale 854 3 1554 16,824 Magna vox Co Ltd capital—2)4 * 5,428 Magnin & Co (I) common Preferred. 100 335 2,279 13,839 * Sale 80c 2.05 Sale 7 44 50c Sale 10 1954 4254 954 31% 9354 85c 12,501 861 121 33 30% 854 4% Sale 1954 Sale 93 80c 60c 1.95 300 89% » 540 Hudson Motor Car com 5,999 Hunt Bros Packing common-10 415 1,876 35 95 41% Sale Sale ...10 cap—* 7,765 144 Honolulu Plantation capital-20 1,650 2,057 2,300 11 300 75c 544 18 453 4054 30% 9% 11 Sale 1554 88% 1054 1954 4254 954 Apr. Apr. Apr. Apr. Apr. Apr. 15 Apr. 14% Apr. 39 Apr. 1854 Apr. 65c Apr. 13 19 26 25 1 24 30 3 12 27 18 754 Apr. 1054 Apr. 2054 Apr. 44 Apr. 1054 Apr. 3254 Apr. 4554 Apr. 9954 Apr. 2754 Apr. 2.00 Apr. 20 Apr. 15 17 18 24 6 29 1 S* s!H Jan. 12 Jan. 11 354 Jan. 1054 Jan. 554 Jan. 12 12 26 70c 8% Jan. 10 1054 Mar. 12 2054 Apr. 8 4454 Feb. 29 Mar. 20 11 Jan. Jan. 3254 4554 9954 3354 Apr. 18 Apr. 24 Apr. 6 Feb. 16 31 12 3654 Jan. 9354 Jan. 12 27 Apr. 22 1.75 Feb. 2 2 2.20 Mar. 11 17 20 Apr. Jan. 4 22 Feb. 23 654 Feb. 13 12 56 5 18 Feb. 8 20 56 3 Apr. 12 1954 Apr. 30 9454 Apr. 22 52 Jan. 554 Apr. 26 30 Jan. 3 5 Jan. 23 9 Jan. 15 15 Apr. 30 Jan. 17 37 Jan. 31 1854 Apr. 27 65c Mar. 26 754 Jan. Apr. 754 Feb. 34 6 5 13 8 Mar. Jan. 1154 Mar. 1754 Apr. 1554 Apr. 11 40 Apr. 15 2054 Jan. 5 .. 76c Feb. 8 44 Feb. 19 Home Fire & Marine Insur 4,336 <91,061 9,792 3,918 8% 9% 18 285 954 A* Sale 554 50c 63c Sale 3 15 554 39 44 31 8 3254 854 3854 554 38 454 25c 954 12 2.55 Sale 23 n: 354 1054 Sale 354 3 1 1.00 Apr. 3 Apr. 24 1.10 Apr. 18 354 Apr. 854 Apr. 18 13 1 354 854 Apr. 3 Apr. 10 Apr, 12 Apr. 27 Apr. 15 43 4 Apr. 3154 Apr. 26 8 Apr. 10 1 3454 Apr. 4 54 Apr. 10 354 1454 554 3754 1 2 Apr. 1 Apr. Apr. 15 Apr. 12 44 5 Apr. 34 4 Apr. 9 Apr. 22 4154 Apr. 15 5 Apr. 12 354 1554 654 3954 4154 Jan. 26 13 Apr. 29 1154 Feb. 20 554 Jan. 12 Jan. 2.00 Jan. 55c 8 63c 1.30 2 Apr. 1 954 Apr. 954 954 104 107 Apr. 16 106 2 1754 Apr. Sale 1954 1254 Apr. 26 1254 1254 1 2.55 Apr. Sale 454 11 3 Sale 954 Apr. 4 10 1054 1054 Apr. 4 4 3 354 Apr. Apr. 17 Apr. 12 1 Apr. Apr. 23 Apr. 11 Apr. 20 Apr. 13 1 Apr. 8 Apr. 854 Feb. 8 40 Jan. 30 Apr. 5 35 J an, 3 31 % Apr. 654 Jan. 27% Mar. 454 Feb. 50c Feb. Jan. 854 Mar. 10254 Jan. 15 Jan. 1154 Jan. 1.75 Jan. Jan. Jan. 95 3 25 25 Mar. Jan. Jan. Sale 1054 Sale 2554 Sale 25 16c Sale 15c 11c 1054 Apr. Apr. 16c Apr. 23 1 1 10c 554 Sale Sale 554 Apr. 23 2154 Apr. 1 3 54 Apr. 1 554 Apr. 2254 Apr. 454 Apr. 554 654 1354 Sale 1454 554 Sale 2054 2254 454 Sale 554 654 9 954 15 1554 8 3 54 654 Apr. 1354 Apr, 954 Apr. Apr. 26 15 5 Apr. 9 2154 Jan. 29 3 54 Mar. 30 554 Feb. 7 6 Mar. 7 11 Jan. 17 5 2154 0 654 1 10 9 29 9 Apr. 22 4154 Apr. 15 5 Apr. 12 Feb. 20 30c 1.30 Apr. 17 954 Jan. 19 Feb. 29 106 1954 Apr. 23 1254 Apr. 11 Apr. 20 Apr. 13 1054 Mar. 28 i}8 4 27 25 Jan. Jan. Jan. Jan. 28* Jan 954 Apr. 954 2554 Sale 26 354 Apr. 2 1654 Feb. 28 44 27 954 Apr. Apr. 20 Apr. 23 13 Mar. 27 854 Apr. 18 4 Mar. 30 18c 1.15 Feb. 42 23 1 29 22 7 Apr. Apr. Apr. Apr. 27 26 Feb. 1754 Jan. 3 1254 Jan. 6 0% Feb. 19 3 54 1454 5% 3754 30c 35c 1.00 Sale 1854 3 26 354 1554 654 36 98 954 1.10 42 Sale 1254 4254 Apr. 1554 Apr. 554 354 Sale 854 10 Sale 954 1054 Apr. 10 Apr. 29 42 14 554 1754 106 4254 1354 26 28c Jan. Feb. Feb. 3 9 3 19 19 19 554 Apr. 8 2354 Feb. 9 454 Apr. 8 554 Feb. 7 9% Apr. 26 15 Apr. 29 MAY, 1940] san francisco stock exchange 63 AGGREGATE SALES francisco stock exchange san Since Jan. 1 PRICES IN APRIL STOCKS April 1 Ask 1.50 Sale 3XH 48 Sale 109 Sale 107 132 149)4 8)* Sale 103 Sale Sale 148)4 6)4 41)4 99)4 151 7)4 4254 9954 53 3754 Sale 22^ 38 25)4 4 2.35 16 27 Sale 35 Sale 2.50 Sale 39 35 2.30 38 Sale 19 18 23 7 50c 1.00 18 107 18 107)4 6)4 Sale 5154 1.70 7)4 1.50 103 Sale 50 43 Sale zlV* 50c 17)4 109 6 H 49 51 1.90 1.50 2.10 A* 6 5)4 1254 13 11)4 Sale 6)4 106 109 105 107)4 26)4 28)4 26 25)4 37 Sale 100 99)4 Sale 100)4 34 34)4 33)4 34 H 1254 Sale 12)4 12)4 29 -—-....100 2c 9c 42 108 554 21)4 44 134 152)4 7 54 43 100 2c 44 20c 16 )4 8 Sale 8f 52 H Apr. 4 47)4 Jan. 24 1.90 Apr. 10 1.60 Feb. 9 1 5 23 9 30 2 5 3 20 16 4 52)4 Apr. 1.75 Apr. 23 6 2 Apr. 1 11)4 Apr. Sale ?ih Sale 9 M Sale 3 54 1054 3)4 11H 29 30)4 100 .—.10 Yellow Checker Cab Co— Series 1 468 50 2,296 Yosemite Portl Cem Co pf—10 Apr. Apr. 8 310" 15 17 19 21 2.25 Sale 15 Apr. 15)4 9 20)4 1254 9 3)4 1254 11 30 30 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1 30 2 9 30 1 10 17 22 Mar. 15 Jan. 17 23 9 2.25 Apr. 38 Apr. 4 18 1954 Jan 854 Jan. 1.50 Jan." 22 17)4 Feb. 15 108)4 Mar. 15 7 Apr. 1 5 23 4 2 16 1 Apr. 16 Jan. Jan. Apr. 15 2.00 Apr. 18 Apr. 16 Feb. 21 Mar. 20 Apr. 30 Feb. 9 Jan. Jan. Jan. 10 23 15c 15)4 8)4 1454 1254 454 Apr. Feb. Jan. 30 1754 Jan. 10 Apr. 23)4 Apr. 15)4 Jan. 14 Apr. 4)4 Apr. 12)4 Apr. 30 Apr. 25 5 1 2 5 15 18 Apr. 30 Jan. 12 Jan. 10 Jan. 4 2754 Jan. 22 9 Feb. 294 Apr. 16 3 Feb. 19 19 2.15 4 Feb. 20)4 Apr. 2.25 Apr. 22)4 2.00 6c Mar. 27 2 Apr. 29 Jan. 18 3 12 6 Jan. 12 26 M Jan. 4 33)4 Feb. 27 20c Feb. 5 60c Feb. 16 1154 Apr. 30 93 Jan. 20 6)4 Mar. 14 8 100 8 301 12 10 45)4 Apr. 16 11 27 24 4 Mar. 13c 4 Apr. 2 17 Apr. 10 5 Apr. 23)4 Apr. 15 4 14)4 Apr. 14 Apr. 16 4)4 Apr. 26 12)4 Apr. 27 30 Apr. 22 1554 Jan. 20)4 12 19 29 30 Jan. 15c 1854 Apr. Apr. 1.90 42)4 5)4 2254 28)4 Apr. Mar. Mar. Apr. 12c Apr. 45c Apr. 10)4 Feb. 90)4 Apr. 554 Mar. 3 4 25 52 M Apr. 45)4 Apr. 16 6 Apr. 19 4 2454 Apr. 4 31 Apr. 4 20c Apr. 46c 5 Apr. 1154, Apr. 30 5 91)4 Apr. 8 6)4 Apr. 6 17 5 5)4 Mar. 15 6)4 10 54 Mar. 11 12 10754 Feb. 21 10754 26 54 Feb. 28 30)4 25)4 Mar. 30 38)4 99 Feb. 14 100)4 33 54 Jan. 26 3454 11)4 Mar. 18 15)* 2 301 18)4 Sale 9 27)4 Apr." 30 35)4 Apr. 26 2.75 Feb. 6 38)4 Jan. 18 Apr. 30 654 Mar. 23 11 Apr. 302)4 300 Jan. 27 24)4 Mar. 7 16 100 290 4 26 6c 42)4 554 2254 28)4 24 2 26)4 Apr. 30 26 4 Apr. 19 30 Apr. 2 Apr. 38)4 Apr. 30 1 100)4 Apr. 19 99)4 Apr. 4 3354 Apr. 23 34)4 Apr. 12)4 Apr. 19 14)4 Apr. 5 Sale 29 l.OOApr. 11 12)4 Jan. 26 2.05 Apr. 25 30 100 300 Steel of Calif common-......... 6 12 10 28 26 15)4 Sale 9 9)4 20)4 21)4 1254 Sale 1154 Sale 9 14c 2 103)4 Jan. 4)4 Jan. 24 Sale 60c 25 24 25 1654 854 46c Jan. 39 Feb. 1.35 Jan. 30 14c 20c 54 2 26)4 Apr. 2.75 Apr. 21)4 Apr. 27)4 Apr. 35)4 Apr. 2.50 Apr. 38 Apr. 1954 Apr. 7 )4 Apr. 1.00 Apr. 17)4 Apr. 107)4 Apr. 7 Apr. 12c 15c 4 Feb. 1 Sale 60c 6 Sale 30 Mar. 1554 Apr. 2.05 Apr. 15 Apr. 16)4 Apr. 275* Apr. 2.25 Apr. 38 Apr. 18 Apr. 7 Apr. 1.00 Apr. 17)4 Apr. 105 Apr. 554 Apr. 14c 45c 12c 31 18c 5)4 22)4 2854 3454 Apr. 16 34)4 Apr. 5 31)4 Jan. 10 50 Jan. 3 108 54 Jan. 30 5)4 Feb. 20 Jan. 2 138)4 Mar. 7 154 ' Jan. 12 754 Apr. 9 43 54 Feb. 23 100)4 Jan. 11 50 1 9c 43 29 1.05 Apr. 1154 Sale 96 94)4 554 Sale 17c 50)4 Apr. 30 12 29 24 11 10)4 1054 90)4 91)4 5)4 Sale 6)4 Sale 4% Mar. 1.20Apr. 31M Apr. 32 Apr. 29)4 Apr. 42)4 Apr. 10654 Apr. 554 Apr. 19)4 Apr. 130 Jan. 149)4 Jan. 7)4 Apr. 41)4 Jan. 99)4 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 1.00 Apr. Apr. 19 4 Apr. Apr. 19 Apr. 16 12c Apr. 25 45c 5 Apr. 2 10)4 Apr. 2 90)4 Apr. 554 Apr. 18 5)4 23 30 Highest Sale Prices 454 Feb. 27 1.50 Jan. 15 39 16)4 Sale 28 2754 19)4 4)4 Apr. 1.35 Apr. 3454 34)4 31)4 4854 50)4 Apr. 30 1.25 Sale 2.50 Sale cap—1 6 40 Sale 17)4 Sale Prices 4)4 Apr. 1.20 Apr. 31)4 Apr. 32 Sale 32 Apr. 29)4 Sale 29)4 Apr. 4454 Sale 42)4 Apr. 107 )4 Sale 10654 Apr. 554 Sale 554 Apr. 20 19)4 19)4 Apr. 132 Sale 13154 Apr. 151 152)4 150 Apr. 654 7)4 Apr. 40 42 42)4 Apr. 100 102 99)4 Apr. 1.00 2.65 20 Lowest Sale Prices 5 , 132 1554 Highest Sale Prices Ask Sale 1.05 Sale 32 Weill & Co com 100 339 Wells Fargo Bk & Un Tr caplOO Western Pipe & 108)4 554 Lowest 1.25 Sale 32 31)4 49 4,576 Universal Cons Oil..——-.10 31,094 Vega Airplane Co 1)4 4,199 Victor Equipment Co com—.1 Conv cum pref—......— .5 4,936 558 Waialua Agricultural Co——20 6,298 3354 37)4 2,916 Safeway Stores Inc common-.* 958 Schlesinger (B F) com— * Preferred ...---..-.25 1,842 3,585 Shell Union Oil Corp com—10 5H % cum conv pref 100 3,074 Signal Oil & Gas Co class A..* 60,452 Soundview Pulp Co 5 Preferred 554 21M Sale Com stock purch warrants. . 1,754 Roos Bros Inc common.——1 295 Series A preferred-.—---100 2,213 Sou Cal Gas Pfd 6% cum A—25 31,531 Sou Pacific Co com (cap'l)-lOO 100 Sou Pac. Golden Gate cl A-.-* 1 2,067 Sperry Corp common v t c 1.446 Spring Valley Co Ltd capital..* 68,445 Stand Oil Co of Calif capital— * 5,566 Super Mold Corp of Cal cap 10 16,046 Texas Consol Oil Co com——.1 2,025 Thomas Allec Corp class a— * 8,674 Tide Water Assoc Oil Co com. 10 80 4)4 % preferred --100 148,204 Transamerica Corp capital--.2 Tread well Yukon Corp Ltd— Common capital 9,810 1 25,249 Union Oil Co of Calif cap. .-25 5,691 Union Sugar Co common— —25 5 13,265 United Air Lines Trans 1.35 Sale 850 692 T30 Sale 5,137 Paraffine Cos, Inc. com——--* 777 4% cum conv pref 100 Philippine Long Distance 840 Tei Co capital -100 .Pesos 978 Phillips Petroleum Co cap----* 1,063 Pig'n Whistle Corp partlc pf." 30,634 Puget Sound Pulp & Tim * 6,747 Ry Eq & Realty Co Ltd com--* 1,019 6% preferred —----100 31,420 Rayonier Inc common..—-.1 14,359 Cumulative preferred—--25 6,030 Republic Petroleum Corp—--1 36 Preferred -.———50 13,491 Rheem Mfg Co ....—-1 14,776 Richfield Oil Co common.—* April 30 Ask Bid 5 4)4 33)4 34)4 3054 Sale 982 6% preferred----------100 610 Pacific Western Oil capital—10 com Rid b 37,252 6% 1st preferred 25 12,361 5)4 % 1st preferred 25 19,919 Pacific Lighting Corp com---* 1,000 $5 dividend pref * 7,432 Pac Pub Serv com ——* 9,799 First preferred .—_——* 1,894 Pac Tel & Tel Co common—100 1 I 1940 Shares Par 420 Pacific Olay Prod capital * 13,600 Pac Coast Aggregates com— -5 39,062 Pacific Gas & Elec Co com--25 71,013 Ryan Aeronaut Co RANGE SINCE JAN. Prices January 2 Jan. 18 6 5 15 3 16 26 27 22 Feb. 8 Apr. 8 1854 Apr. 8 22 Feb. 5 2.90 Jan. 15 unlisted stocks ""'810 100 420 2.131 16,875 45 American Factors Ltd cap...20 810 Amer-Hawaiian SS Co com..10 100 Amer Pow & Lt Co common..* 1,938 1,155 220 2,345 672 8,819 7,555 181 1,300 7,176 2,350 10 34 50 2)4 Calif-Oregon Power— 6% pref (non-callable) 17 100 6% pref (1927 series) 100 100 Calif Pacific Trad Corp pref—* 361 507 Calwa Co common.........10 335 1,395 588 4,253 615 2,173 40,483 932 300 357 1.472 400 19 100 50 «• — — Columbia River Packers Assn Inc common ....—• Consol Edison Co N Y com * Consol Oil Corp common-..—* Curtiss-W right Corp com——1 3,835 Dominguez Oil Fields cap....* 365 Dumbarton Bridge Co com. .10 2,406 Elec Bond & Share Co com—.5 6,999 General Electric Co com.....* 810 Goodrich (B F) Co common. * Guggenhime & Co— Conv. $7 1st preferred 29 .* 310 Hawaiian Sugar Co capital—20 260 Hobbs Battery Co cl A capital * 350 Hobbs Battery cl B cap. .* 420 Honokaa Sugar Co capital 20 Idaho Maryland Mines Corp— Capital 20,859 .1 2,568 Internat Nickel of Can Ltd—* 4,455 Internat Tel & Tel common— ♦ ._. 420 3,000 1,021 840 4,890 2,424 737 - 45 1,225 50 1,970 8,700 20 240 1,046 9,918 1,313 600 2,529 • 12,176 Italo Petrol Corp of Am com.l 7% cum preferred... 10,528 1 1,978 Kennecott Copper Corp com.* 1,300 Kleiber Motor Co capital—.10 548 Marine Bancorporation cap—* 1,525 Matson Nav Co capital * 120 McBryde Sugar Co Ltd cap..5 2,580 McKesson & Robbing Inc com 5 36,550 M J & M & M Consol capital.1 70 Monolith Portl Cement com..* 8% Preferred 358 .—.10 Montgomery Ward & Co, Inc, common 3,039 * 26,128 Mountain City Cop Co cap—5c 4,134 Nash-Kelvinator Corp cap...5 1,901 Nat Distillers Products com..* 6,068 Nor Amer Aviation Inc cap 1 Ns par value. ..... Sale 9 Sale 4 354 3)4 23)4 9)4 9)4 fo* 3 2)4 22)4 Sale 55c Apr. Apr. Apr. Apr. Apr. 10 4554 4)4 854 29 174)4 5 16 17 75c Apr. 30 5 Apr. Apr. 16 5 Apr. Apr. 29 30 H Sale Sale 3 2354 9)4 1 2954 Apr. 1 9 Apr. 2.75 Apr. 26 3 254 Apr. 22)4 Apr. 18 9 3154 Apr. 10 Apr. 30 8 354 Apr. 3 254 Apr. 8 24)4 Apr. 33)4 1)4 Sale 12)4 Sale 12)4 1254 1254 Apr. 12)4 Apr. 84 88 Apr. 29 Apr. 19 2.00 Apr. 9 8 1.25 Apr. 3 5 Apr. H Apr. 10 10c Apr. 11 85 84 85 85 50c 8 85* 31)4 32)4 7H 7)4 10 M Sale 7 Apr. 32)4 Apr. 754 Apr. 9)4 Apr. 8 Apr. 23 4 32)4 Apr. 7)4 Apr, 10 11)4 Apr. 16 3154 Apr. 24 4 25c Apr, 6 8 Apr. 3 3854 Apr. 17 Apr. 30 3)4 3)41 5 1354 14)4 82 82 2 1.00 86)4 88 3 2.00 4 87 ... 2 3 1.00 2.00 5)4 )4 4n 2c 34)4 10c 7 Sale ) 5c 15c 7 7H 30)4 31)4 7)4 754 1054 Sale 31)4 7 X 10 Sale 33)4 Sale 34)4 Sale 25c 25c 7)4 40)4 1954 75 20 1 25c 5)4 40c 8 41)4 2054 101 25 32 75* 1.75 88 2.00 1.00 2.00 4)4 554 50c* 32 325* 35c 25c 40c 18)1 7H 39 M 19H 65* 37 % 6)4 37 M 17 Sale 75 95 75 90 65* 38 J* 20 25 20 25 3 1 2 1 20c 25c 20c 5 6H 514 Sale 654 32)4 3)4 14c 15c 1.55 Sale 11c 1.25 1.35 1.30 37H 35)4 36)4 34)4 38)4 10c 24)4 Sale 20 4)4 35 5 6)4 33)4 12c 13c 5c 12c 55 H 4)4 3)4 Sale 4)4 24 2554 2454 2654 52)4 3)4 6)4 2554 2354 Sale Sale 5c 29 Sale 3 87)4 2.00 1.25 5)4 54 8c 454 854 4 53)4 Sale 50 f Odd lots. 6 54 2654 2454 8 4 554 24) 22 lV* 9c 4)4 8)4 51 Sale 6)4 25 23 Feb. Apr. 4 15 4 16 19 1 4 6 9 4 7954 Apr. 2154 Apr. 4 7954 Apr. 24 4 2154 Apr. 5)4 Apr. 9 6)4 Apr. 30 6)4 Apr. 15 Apr. 29 3)4 Apr. 20 10c Apr. 23 1.25 Apr. 3 Feb. Mar. 7 Apr. 34M Apr. 4)4 Apr. 13c Apr. 1.40 Apr. Apr. 3)4 6)4 25)4 2354 1 2 Mar. 20 1.25 Feb. 26 4)4 Feb. 6 54 Feb. 20 Jan. 18 10c Mar. 15 Mar. 25 4 5 Jan. 4 2054 Apr. 4 79)4 Feb. 19 20 Jan. 11 1.10 Mar. 19 25c Jan. 18 5)4 Apr. 9 Feb. 7954 Apf. 24 2154 Apr. 4. 1.10 Mar. 19 25c Jan. 18 6)4 Apr. 30 7 Apr. 3854 Jan. 454 Apr. 16c Jan. 1.55 Jan.- 5 10 2 3554 Mar. 23 25)4 Feb, 17 29 Apr. 26 4)4 Feb. 24 12 29 Apr. 26 2754 Jan. 27 4)4 Feb. 24 6)4 Apr. 20 5c 8 Feb. Apr. 25 12c Feb. 23 4 8 Apr. 9)4 Mar. 2 5054 Apr. 19 354 Feb. 14 6)4 Apr. 24 Mar. 30 22)4 Mar. 19 13 Mar. 30 8c 4 25 9 4 15 13 2354 Apr. 23 4 55)4 Apr. 454 Apr. 10 7 3 Apr. 26 9 Apr. 26 9 Apr. 8 41 37)4 Jan. 31 17 Apr. 30 4 19 5)4 Apr. 4 54 Mar. 11 Apr. 19 50c 29 Apr. 1 Apr. Apr. 24 Apr. 25 3 Apr. 1.25 Feb. 26 Jan. Mar. 12 1.20 Mar. 5 1 Apr. Apr. 25 6 8)4 Apr. 87)4 Apr. 12 2 Mar. 20 Apr. 8)4 Jan. 5 25 854 Apr. 4 Apr. 29 36 25c Apr. 5 )4 Mar. 10c 4 1454 Jan. 85 33)4 Jan 25c 3)4 Apr. 20 10c Mar. 20 3254 Feb. 5 7)4 Apr. 10 1154 Mar. 8 5)4 Jan. 10 30 Apr. 29 1 3 3 30)4 Jan. 16 7)4 Feb. 28 954 Jan. 12 23 6)4 Apr. 20 8c Apr. 25 4 Apr. 25 8 2 Apr. 9 Apr. Apr. 16 15 554 Apr. 4 3554 Apr. 15 2 Jan. 5 Apr. 29 82)4 Jan. 3 5 Jan. Jan. 454 Apr. 85 5c 50 54 Apr. 4 254 25)4 I 9)4 854 Mar. 1254 Apr. Apr. 29 8 Mar. 21 3154 Apr. 9 10 Apr. 30 Jan. Jan. Feb. 3554 Jan. 23 54 Apr. 28 Apr. 75c 27)4 Jan. 8)4 Mar. 2.75 Apr. 2)4 Feb. 22H Apr. 854 Jan. 6 24 30 52c 354 5)4 30)4 154 Apr. 29 Apr. 12 9 Apr. 8 Apr. 4 Apr. Apr. 18 34)4 Apr. 25c Apr. 8)4 Apr. 40)4 Apr. 2054 Apr. 4 Sale 171 16 10c 26 Apr. 4)4 Apr. 854 Apr. 15 35)4 23 Sale 8 654 Sale 11c 3054 354 31 ii* 10c Sale 26 4 i 654 2954 Sale 8)4 11c 8 4 4 854 Apr. 454 Apr. 554 Apr. 3554 Apr. 154 Apr. 25c 7 2 Apr. 2 Apr. 4 Apr. 8 Apr. Apr. 20 2 35c 6)4 6 37)4 48 4)4 Sale 5c J/* 90c 6)4 3 54 554 3554 154 29 Jan. 29 4554 Apr. 30 4)4 Apr. 5 9)4 Mar. 7 174)4 Apr. 5 36 8 11 854 7 54 Sale 4 4)4 5)4 454 33 54 3454 1)4 Sale Sale 7 t Formerly Bancamerica Blair Corp. 70c 8)4 571 B & O RR common ...100 5,872 Bendix Aviation Corp com—.5 22,226 t Blair & Co Inc capital ..1 Bunker Hill & Sullivan Mg 2,424 Cities Service Co——...—.10 1 1,460 Claude Neon Lts Inc com 566 Coen Cos, Inc, class A conv..* 14,680 60c 254 22)4 854 376 250 57c * 3,930 Argonaut Mg Co Ltd capital..5 370 Ark Nat Gas class A common.* 4,370 Atch Top & S Fe RR com—100 3,282 Atlas Corp common —.5 19,515 Aviation Corp (Del) com..—.3 10,435 Aviation & Trans Corp cap 1 & Con Co common 31 4 2954 5,452 28 36 4554 Sale H 3 4 4)4 9)4 8 8)4 854 17154 173 M 172)4 17354 17254 6,463 Anaconda Cop Mg Co com—50 5,139 Anglo Nat Corp cl A com-.—-* 1,140 396 31 33 3)4 854 1,350 Amer Rad & Stand San com..* 8.961 Amer Tel & Tel Co com-... 100 37,255 Am Toll Bridge (Del) com-.—1 100 Amer Woolen Co common "2", 465 28 32 Jan. Feb. 4 23 8 55)4 Jan. 2 454 Apr. 10 7)4 Feb. 15 26 Apr. 9 26)4 Feb. 9 SAN FRANCISCO STOCK EXCHANGE 64 AQQREGATE SALES In April 260 """"36 60 440 405 20 6,309 40 600 1,781 Schumacher Wall Board com.* Preferred * 1,721 1,143 Shasta Water Co common—* 21,452 Sou Calif Edison common—25 C 5*4% preferred —25 7,284 B 6% preferred 3,865 ---25 140 Sou Calif Gas 6% pref 25 Sou Pacific Golden Gate Co— 1,131 445 513 5,024 •2,252 709 mm • 1,169 '•!" 6% preferred —100 * 9,206 Standard Brands Inc com 1 27,379 Studebaker Corp common Sunset-McKee Salesbook Co— Class A common * 10 577 2,145 4,900 Superior Portland Cement— . Class A preferred 95 * Class B common * 248 ..25 1,653 Texas Corp common 200 Texas Gulf Sulphur common..* 57 Title Guaranty Co cum pref..* 5 4,523 United Aircraft Corp cap ,1,788 United Corp of Del common. _* 1 [9,045 U S Petroleum Co capital —* 16,266 U S Steel Corp common 16,825 Utah-Idaho Sugar Co com—5 —25 i 208 Vica Co common 1,455 Warner Bros Pictures com____5 586 West Coast Life Ins Co cap—5 100 ! 300 Western Pacific RR com ,25 - "576 1,606 • iiy" 877 , 2,700 6,189 3,450 ""580 491 Ask Bid 22% 23 5 24 1.15 41% 3% JM 21% 10 0% 6 1.90 Sale 3% 2% 22% 12 Sale 1% 5*4 4% 5 a 24 1054 29 *4 30M 29*4 32% 65c 6 Sale 13 Sale 3054 29% 1.00 18% 9 30 5% 25% 11 1.15 30% Sale 29 % 34 Sale 35 6 Highest Lowest Sale Prices Sale Prices 1.90 45 3% 3% 22% 12% 1 4% 6% 1% 4% 5 5% 25 24 30% 30% 29 9% Sale 30% 33% 29% 35 25c 70c 22% Apr. 20% Apr. 5% Apr. 3 4 10 23 % Apr. 4 22% Apr. 29 5% Apr. 10 60c 7% 10% 7% 10% 1.20 Apr. 40*4 3% 2% 22% Apr. Apr. Apr. Apr. 11 Apr. 6% Apr. 16 16 19 15 22 18 19 1.20 Apr. 41% Apr. 3% Apr. 2% Apr. 23 % Apr. 11 Apr. 17% 21% 17% 43 15% 41% 12% 42 13% 11 46 45 46 46% 47% 32% 34 32% 34 34 4% Apr. 27 4% Apr. 9 5% Apr. 4 23*4 Apr. 24 9% Apr. 17 30 Apr. 2 30 Apr. 1 29% Apr. 1 5% Apr. 22 Apr. 3 Apr. 8 3054 Apr. 13 30*4 Apr. 27 29% Apr. 1 25c 50c 20 18 25 18% 48% 25 49% 2% 2% 1.10 66 % 1.20 Sale 1% 1% 50c 1.00 3H 3% 4% 4 25c 47% 48% 2 *4 Sale 58% 1% 59% 1% 90c 95c 60% 1% 61% 1% 4 25c 11 3 3% 4% 50c 9% 20c 41 % 5 5 Jan. 23 Jan. 12 Jan. Jan. 3431 9 Feb. 29 Jan. 29% Feb. 29 3 MPar. 1% 4% Apr. 5% 25% 12% 30% 3034 29M 23% Apr. 4 4*4 Mar. 11 2% Apr. 16 23 % Apr. 4 5 9 Apr. Mar. Jan. Apr. Apr. Jan. Feb. 22 2 6 13 27 4 17 Apr. 7% Apr. 12 % Apr. 2 6 8 25c 2134 Feb. 5 2 41*4 Apr. 2 41*4 Apr. 44 5 46%"Apr." "3 46% Apr. 3 44% Mar. 13 34 Jan. 12 4634 Apr. 3 34% Jan. 25 48 % 51% Apr. 2% Apr. 1.00 Apr. 64 Apr. 1*4 Apr. 15 Apr. 20 7% Apr. 5 9% Apr. 19 6 9 Sale 1 Apr. 20 1.10 Mar. Jan. 2 7% Apr. 6 Jan. 18 1234 Feb. 15 21% Feb 41 % Apr. Apr. 3 1 90c Apr. 29 58 % Apr. 2 1% Apr. 10 2% Apr. 4 3% Apr. 9% Apr. 3% Apr. 4% Apr. 5 Jan. Jan. Mar. 18 47 90c 8 9 6 Jan. 4 6634 Jan. 134 Apr. 2 18 Feb. 16 50c 3% Jan. 434 Feb. 19 934 Apr. 30 Jan. 20c 25c 1.15 Apr. 4 Jan. 5134 Apr. 15 234 Apr. 4 55 Mar. 1 % Jan. 50c Feb. 30 Mar. 20 Jan. 2% Mar. 3 18 1.00 3% 3% Jan. 3i 1.00 35c 20c 50c 1.05 95c 41% 2 4 233* Mar. 4 6M Feb. 26 25 Jan. 16 1.50 Mar. 1 34*4 Jan. 25 36 1551 48 Mar. 26 1*4 Mar. 13 45 2% 5 Sale Prices 23 % Jan 4 13 40% UH 40 47 20% Mar. 6 20% Mar. 27 21% Jan 10 % Mar. 29 5% Feb. 29 7% Apr. 21% 7% U% Highest 23% Feb. 1.20 Apr. 40% Apr. 3 % Jan. 2% Apr. 23 54 3H 1% 21% 10% 6% 7 27 22% Sale 40 9 30 50c 21% 22% 11 6% 9% 9% 24% Ask A* 29 1 Lowest Sale Prices April 30 April 1 Did 3,104 Pennsylvania KR capital—50 288 Pioneer Mill Co Ltd capital .20 * 11,859 Radio Corp of Amer com 185 Radio-Keith-Orph Corp com.* * 2,636 Riverside Cement (Del) A 1,364 I 1940 Par 10 2,542 North Amer Co common 570 Oahu Sugar Co Ltd capital._20 345 Olaa Sugar Co Ltd capital..20 125 Onomea Sugar Co capital—20 571 Pacific Portl Cement com—10 79 6*4% preferred 100 5.062 Packard Motor Car Co com..* 430 Park Utah Cons Mines com..l 227 * STOCKS Shares 1,082 • • Price Jan. 2 Jan. 1 Shares RANGE SINCE JAM 1 PRICES IN APRIL SAN FRANCISCO STOCK EXCHANGE Since Mar. 25c Jan. 29 'dh * r No par value. I r Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE 1939 647,531 409,887 1,889,236 , Shares. —... Jan. 1 to April 30 1939 1940 Bond Sales 1940* 1,817,803 Stock Sales April Jan. 1 to April 30. AQQREGATE In April VT.260 """150 2,609 350 17,097 2,550 r . STOCKS Jan. 1 1940 Shares Par 50 Assoc Gas & Electric A.... 1 ....1 10,873 Bandini Petroleum Co 28 Barker Bros common * 369 5%% preferred __50 1 2,609 Barnhart-Morrow Consol 1,535 Berkey & Gay Furniture Co—1 73,122 t BlueDiamond Corp ---2 9,381 Bolsa Chica Oil Corp A —10 525 739 B 10 common 3,256 Broadway Dept Store com 994 1 2 * 2,500 3,700 462 Preferred 641 99 2.874 4,111 4,780 6,917 4,092 """542 1,539 5,903 4,596 20,280 Consolidated Oil Corp Consolidated Steel com Preferred Creameries of America 7,170 .. v 25 * 4 5 Douglas Aircraft Con) Electrical Products Corp Emsco Derr & Equip Co 1 Exeter Oil Co A_ 100 1 4,819 Fitzsimmons Stores Ltd 1,420 35c 2% 2% 1*4 75c 5% 4% ""2", 532 "'"746 797 3,200 """820 8c 2c 13*4 23*4 1454 24*4 11% 13% 24*4 10*4 1.35 87 90c 15 16 24*4 25% 10 11% 97 %C 1.75 89% 90% 7% 7% 5% 5% 1054 10% 5% 5% 6% 83% 10 11 40c 380 10 84* 10* Sale 43c 392 11% 2% 8 1,300 5,500 7,000 7,022 650 "4",660 500 23% 37*4 24 5i 39 75c 6 4* 1*4 1 95 7. 10*4 8*4 7c 9c 32 40c 2*4 Menasco Mfg Co 1 1 12c Mt Diablo Oil Ming & Dev 1 1 1 45c 4c page 66£ Sale 10% 36c 9 8c 1*4 6*4 53% 6 5*4 8% 4.. 7*4 29*4 Highest Lowest Highest Sale Prices Sale Prices Sale Prices 85% 7*4 554 1054 554 6*4 88*4 1054 Sale Sale Sale Sale 405 Sale 8 9 29 15 17 2 5 16 2 9 4*4 Apr. 1 29 Apr. 9 12c Apr. 19 45c Apr. 19 1*4 Apr. 4 2*4 Apr. 1 Apr. 5 Apr. alO Apr. ale Apr. 2c Apr. 26 3c Apr. 22 "954 3*4 Mar. 5 4*4 Jan. 28 54 Mar. 26 10c Apr. 29 25c Apr. 15 30 12c Apr. 45c Apr. 154 Feb. 3 154 Jan. 22 3 Feb. 50c Feb. 24 454 Mar. 11 Mar. 2*4 Mar. 1 Apr. 5 Jan. 3 6 19 19 1 8 8 17 22 27 22 8754 Apr. 10*4 Apr. 954 Apr 36c Apr. 403 Apr. 9 Apr. Apr. 22 Apr. 27 Apr. 6 Apr. 23 Apr. 8 Apr. 11 Apr. 8 Apr. 4 Apr. 8 9 2 1 88*4 Apr. 1054 Apr. 1 37c 10 11 405 10 1 Apr. Apr. Apr. Apr. lc Jan. Apr. 2c 3c Apr. 3c 2c 26 14 14 14*4 Apr. 22 25*4 a22 54 Apr. 11 a25 54 12 11 11*4 Apr. 16 al •1.40 Apr. 23 al 86 % a86*4 Apr. 1 a90*4 8 754 Apr. 25 A* Sale 5 3 6*4 Apr. Sale 11 1054 Apr. 30 6 Sale 554 Apr. 13 10 37c 354 Apr. 25 29 Sale 37c Sale 410 42c Sale 30c 52 %c 6*4 8*4 1054 11 23 23*4 37*4 36 70c 1 554 Sale 2c 9% 5% 11c 35 45c A* 10c 5 6 30 33*4 5% 8*4 10*4 21*4 6*4 8*4 11 21*4 37 39 80c ""5*4 *4> %> 10c 554 in a6*4 Apr. 20 53*4 Apr. 27 6 54 Apr. 8 32*4 Apr. 2 Jan. 2c Jan. 9 26 Apr. 14 Apr. 23*4 Mar. li* Jan. 26 Mar. 10 Jan. 12 Mar. 21 1 Jan. Jan. 16 83 % Feb. Jan. 3 Jan. 4 «H Apr. Apr. Apr. 8 4 8 Jan. 26 7*4 4*4 954 554 6*4 Feb. Jan. Jan. 6 Jan. Jan. 8754 Apr. 9*4 Mar. 8*4 Mar. 6 3 88x4 Apr. 30 30 30 9 35c Feb. 2 Jan. 18 383 8*4 Feb. 5 \r Mar. 14 Jan. 2 Jan. 8 405 Apr. 18 10 Jan. 12 43c 5 54 Apr. 14c 14c Sale 12c c 20c 20 9 8 2 5c 7 52 Mar. 13 Jan. 23 6*4 Jan. 30 32*4 Apr. 2 9 6*4 Apr. 8*4 Apr. 7 56 Mar. 13 Apr. 654 Apr. 32*4 Apr. 24*4 Apr. 3 Apr. 12 75c Apr. 25 40 18 Jan. Jan. 23 4 30 11 21*4 Jan. 15 2454 Jan. 40 Apr. 5 8 36*4 Mar. 20 65c Mar. 27 554 Apr. 3c 3c Feb. Mar. 5 Apr. 1154 Apr. 30 Apr. Apr. Apr. 34 54 Apr. 38*4 Sale 4*4 454 4*4 Apr. 50c 60c 46c Apr. 3 54 Sale 254 Apr. 10c 25c al3c Apr. 45c 52 *4 C 40c Apr. 4c 7c 4c Apr. 10c 18c a!4c Apr. 75c 10c n 10 25c Apr. Apr. 32*4 Apr. 6 54 20c Sale 6*4 46c Sale 56 6*4 Apr. Apr. 29 87*4c Apr. 1154 5*4 Sale 19 24*4 Apr. 38 Apr. 70c Apr. 10*4 7*4 Sale a6*4 Apr. 9*4 Jan. 5*4 Apr. Apr. 8 3c 48c 15c 254 7*4 Sale 5c 3c 18c 1*4 6*4 54*4 72%c ""6*4 628c° 8^c 4*4 4 Merchants Petroleum Co For footnotes see Q 7c Nordon Corp. 85 10*4 954 390 Lowest 24 15c 4,050 Occidental Pet Corp 6*4 84 23 5% 8 2c 1 10% 20*4 10c Mascot Oil Co 5 19*4 5j 7% 10c Bakeries B * Corp 10c Lockheed Aircraft Corp... 1 Los Ang Investment Co.... 10 7% 32% 1 50c Co 754 4% 10*4 5*4 34 Hupp Motor Car Co.——. Intercoast Pet Corp Lane-Wells 86 30 Jade Oil Co 100 Langendorf United Lincoln Petroleum 97,677 27.589 9,721 9,125 329,092 3,800 3.875 13,400 700 * 10 % 80c 254 7*4 54*4 7*4 33*4 1 — 3c 7c 70c Holly Development Co 20 Holly Oil Co 1,665 Hudson Motor Car Co lc lc Q * 4c 2c 7 Hancock Oil Co A 554 lc 2c 554 Goodyear T & R Akron com__* 2*4 75c lc So Golden State Co Sale lc 1% Gladding McBean & Co Globe Grain & Milling Co—.25 5 20c Ask Apr. 10c 12c 10c Apr. 50c 25c 30c Apr. 1 % 154 154 Apr. 2 2 2*4 Apr. 75c 97*4c 75c Apr. 454 Apr. 454 Sale 10 alO Apr. lc 4c ale Apr. lc 3c 2c Apr. 2c 10c 3c Apr. 4c 5c 2c 7% 54 m! 5,208 4,671 1,424 3,542 3,534 10,450 626 1 % 2 50c 28 10 10 2.50 200 General Paint 100 .1,100 .1,800 12c 27c common * Preferred * 100 150 General Telephone Corp_ —_20 100 100 18c 37c —2.50 10 120 Foster & Klelser Co 120 General Metals Corp 10,379 General Motors Corp 20 3,564 *4 354 6*4 Sale 26 lc * * t c__l 25c "4% 28A 2% 38c 1 - 209 Farmers & Merch Nat Bk 45 5c 30c Ask Bid 8 29 lc * 5 * Chrysler Corp 251 District Bond Co 2,126 1,316 , ; v t c Preferred vtc 249 Chapman's Ice Cream Co 716 1,402 1,910 2,224 1,240 26% Bid Sale Prices April 30 April 1 Ask 12%c 50c 4% Sale 1 921 Byron Jackson Co * 1,920 California Packing Corp—_ 1,331 Central Investment Corp 100 428 Bid 1 1 200 Buckeye Union Oil Co com Common vot trust ctfs 3,500 1,000 2,500 1,000 28,557 9.648 1,303 2,825 209,899 * 9 2-5 Brock & Co 200 1 Price Jan. 2 Since, Shares RANGE SINCE JAN. PRICES IN APRIL LOS ANGELES STOCK EXCHANGE SALES /, 11 3 22 3 1 2 18 20 11 2c 15c 7c Apr. 5 4154 Apr. 15 4*4 Apr. 1 50c Apr. 15 4*4 Apr. 20 al3c Apr. 2 48c Apr. 5 4c Apr. 20 a!5c Apr. 18 Jan. 9*4 Jan. 8*4 Jan. Jan. 2754 Apr. 4*4 Jan. 40c Jan. 154 Jan. 15c Mar. 40c Apr. 4c 25c 9 8 2 654 Apr. 6 854 Mar. 27 80c Mar. Jan, 5 3 12 8 6*4 Mar. 11 Apr. 6 8I£C Feb. 3c 11 Apr. 4 A* 16c Jan. 22 Mar. 14 Mar. 27 1 4154 Apr. 15 Jan. 10 Jan. 9 AM 50c 4*4 Apr. 20 15c Mar. 29 50c 6c Jan. 9 Jan. Feb. 30c Jan. Feb. 20 11 MAY, 1940] ANGELES LOS AGGREGATE SALES LOS ANGELES April Jan. 1 Shares Shares 320 1,465 STOCKS 1940 Par 15,270 1,240 2,400 7,463 727 345 2,641 100 50 2,719 3,139 229 "" 5,173 319 4,588 40,723 320 405 162 ""666 Preferred G 7,416 Pac Gas & Elec Co com 496 6,350 "5,717 2,695 16 853 2,948 8,790 100 1,985 417 10,540 10,663 2,181 370 .10 10 10 -25 ! 1 ——--- 1 Superior Oil Co common—_2o Taylor Milling Corp— * Transamerica Corp 2 Union Oil of California.——25 Universal Cons Oil Co 10 650 Van de Kamps Bakeries 54,027 86,472 6,315 334 777 100 100 856 3,235 517 * Vega Airplane Co 1.50 Weber Showcase & Fix pref * Wellington Oil Co 1 Western Air Express Corp 1 Western Pipe & Steel Co 10 Yosemite Portl Cement pref 10 - 34 34% 3154 35% 49 h 3054 37 54 4754 5% Sale 20 54 21H 754 754 12% 254 6 54 13 1554 254 1V* 35 40 13c 20c 8 154 a VA 4654 30 32 13 54 8c Sale 1254 2c 27 2c 29 54 24 54 - 7 A Sale 30 Sale 44 30 54 30 Sale 2914 29% 33% 34 % Sale 33 54 34 15 Sale 12 54 25 % Sale 2 23 54 35 3554 1% 33 2954 154 854 9% Sale Sale 15% 9% 8% 6% 5 54 16 54 , 16% 15% 8% 13 54 85 6 2154 754 1654 2854 38 Sale 554 2054 754 Sale 17c 754 9 Sale 5154 32 1254 7c Sale 18 16 Sale 4054 354 2% 26 1354 Apr. 16 25c Sale 47c 16 10c Jan. 1154 Jan. 4 1254 Mar. 15 154 ioH - 1 sT 2c Feb. 5 454 Apr. 24 Jan. 16 13 54 Apr. 16 1254 Mar. 15 2854 Apr. 17 2954 Apr. 1 454 Apr. 7 Apr. 2954 Apr. 11 454 Apr. 7 Apr. 3054 Apr. 15 8 15 4654 3054 29 54 3554 3454 Sale 23 54 2 37 1054 7 6 54 Sale 3054 3054 Sale 2954 29 2954 2954 a33 % 3354 33 54 3354 1254 1254 Sale 2254 2254 Sale 154 154 154 Sale 36 3354 9 854 9-54 \XA 554 554 15 54 Sale Sale 5 % 15 % 14 54 1254 13 1354 a Sale 954 254 754 17 954 9 Sale 1154 454 254 754 654 18 254 Sale 2 254 30 10 Feb. 17 Mar. 29 18 25 12 20 30 4 Jan. 9 954 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 8 25 18 20 30 19 19 10 15 18 30 22 19 1 3054 Apr. 2954 Apr. a33 54 Apr. 34 Apr. 1454 Apr. 24 54 Apr. 154 Apr. 36 Apr. 9 Apr. 654 Apr. 1754 Apr. 14 Apr. 954 Apr. 14 Apr. __ Feb. 26 22 Jan. 2 30 3 18 13 6 2954 28J4 3454 3354 1 Feb. Jan. 31 Jan. 16 Apr. 20 12 Mar. 18 4 2254 154 3354 854 554 1554 1254 19 30 15 8 2 5 15 16 254 Apr. 2 654 Apr. 19 18 Apr. 30 254 Apr. 5 __ Apr. 19 Apr. 19 Apr. 10 Jan. 30 Mar. 5 Apr. 30 Apr. 24 9 Apr. 19 454 Jan. 15 5 3 254 Apr. 6% Apr. 25 18 Apr. 30 9 254 Apr. Mar. 27 Apr. 18 8 Jan. 5 Apr Jan. 23 Jan. 3 Jan. 254 Mar. 29 554 Mar. 12 18 Apr. 30 254 Mar. 21 2 19 Jan. 19 2654 Apr. 254 Jan. 4054 Apr. 16c Feb. 854 Jan. 154 Jan. 10 Apr. 654 Apr. 5254 Apr. 30 5 9 33 31 2454 Jan. 25 454 Apr. 11 6 6 8 3c Jan. 28% Jan. 7 3 Jan. 254 Apr. 44 8 19 4654 44 12 27 3454 3454 3154 3954 4954 2054 Feb. 19 3c 28 4 19 28 Jan. 3 6% Mar. Apr. 11 8754c Mar. 754 Jan. Apr. 6 454 Jan. Apr. 24 50 54 Mar. Apr. 8 Jan. 31 Apr. 26 Apr. 5 Sale 24 25 25 8 Apr. 8c 27 IV4 Apr. Apr. 3054 Apr. 3554 Jan. 42 Apr. 554 Mar. 2054 Mar. 33 14c 7 2 Apr. 754 1 Apr. 154 Sale 9 3 10 Apr. 7 5% Apr. 16 654 Sale 52 54 Apr. 8 4954 5254 33 31 Apr. 13 33 1254 1354 all54 Apr. 17 al254 754 754 Sale 8 1554 254 Mar. 11 4% Jan. 18 35c 10c 24 54 5 7 Apr. 1 454 Apr. 24 a854 Apr. 6 2654 Apr. 30 2 54 Apr. 16 4054 Apr. 25 3954 4454 554 1954 2554 254 3954 Sale 2 2% 5% 2% 4h 37c a7% Apr. 26 9 18 54 Apr. 254 Apr. 10 2 38 Apr. 32 54 2954 Sale Sale 5 4H 5 10 3454 Apr. 15 3454 Apr. 18 30% Apr. 25 3954 Apr. 5 4854 Apr. 8 5 54 Apr. 4 3254 32 7 6 % 29 54 Apr. 454 Apr. 3154 Apr. 24 33 Apr. 25 3054 Apr. 25 39 Apr. 16 42 Apr. 19 4 5% Apr. 32 454 44 36c 12 % Apr. 3454 3154 3954 4854 , 5% 4754 Highest Sale Prices 1354 34 Sale 854 5% 50% 3154 1154 Sale 7% 5 54 Lowest Sale Prices 10 6% 1 Highest Sale Prices 10c 12 54 12 54 25c 16c 7 % Sale 454 7c 3954 37 24 -----—- —1 13.658 Solar Aircraft Co 2,680 Sontag Chain Stores * 25 29,564 So Calif Edison Ltd com 275 Original preferred ---25 22,047 6% preferred 25 12,968 554 % preferred 25 25 1,131 So Calif Gas 6% pref 4,477 6% Series A pref 25 14,389 Southern Pacific Co—-—100 29,692 Standard Oil of Calif-——---* 100 Sunray Oil Corp \aA 10% 33 H 34 20 -- ----10 5,609 Puget Sound Pulp & Timb Co«* 8,909 Republic Petr Co Ltd -1 361 554% Preferred A 50 -1 11,100 Rice Ranch Oil Co 14,102 Richfield Oil Corp common—* Warrants 3,757 2 67,541 Roberts Public Markets 1,091 Ryan Aeronautical Co.. 1 * 13,763 Safeway Stores Inc 1,321 Security Co units 428 Shell Union Oil Corp * 25c 3,000 Sierra Trading Corp 2,277 Signal Oil-Gas A -* "1,590 12 454 10c 7c 37c 36c 5 4% 10 48?| Sale 37c 22c Lowest Sale Prices April 30 Ask Bid Bid 5 iVf \lH 6 228 Pacific Western Oil 5,114 1,741 52,387 36.659 5,611 43c * 25 April 1 Ask 48c 3354 3354 30 % 35 54 25 502 Pacific Public Service231 1st preferred B common Bid TO 1st preferred 6% 3,011 1,651 554% 1st preferred 5,529 Pacific Indemnity Co 5,882 Pac Lighting Corp com 100 13,763 -1 Pac Finance Corp common. Preferred A 20 342 1 * Oceanic Oil COiii-. Pacific Clay Products. -— Pacific Distillers Inc 220 2,022 RANGE SINCE JAN. PRICES IN APRIL Jan. 2 Since 5,600 65 EXCHANGE Price STOCK EXCHANGE In " STOCK __ 23 3 11 6 23 8 Feb. 5 Jan. 9 Mar. 21 2454 Jan. 25 454 Apr. 15 7 Apr. 8 3054 Apr. 15 4654 Jan. 12 3054 Jan. 2 29 54 Jan. 4 34 54 Jan. 16 3454 Jan. 9 15 54 Jan. 3 2654 Jan. 9 154 Apr. 19 20 36 Jan. 10 7 Jan. 4 Mar. 14 1754 Jan. 8 1554 Jan. 3 954 Mar. 27 14 Apr. 16 Feb. 20 354 Jan. 22 6 7 Mar. 28 18 Apr. 30 Feb. 2 14 654 Apr. 20 1454c Jan. 9 2c Jan. 6 15 3 MINING STOCKS— 200 11,500 27,000 ""960 "3",666 785 Alaska Juneau Gold M Co-_ 10 42,500 Black Mammoth Cons M ColOc 10c 67,500 Calumet Gold Mines Co 800 Cardinal Gold Mining Co-.-_l 4.260 Cons Chollar G & 8 Co 25c 5,000 Imperial Development Co 10c 2,100 Prince Cons Mining Co 10,434 Zenda Gold Mining Co----25c 613 367 55 4,404 1,140 1,633 310 610 1,361 920 140 1,857 1,192 6,593 6,728 3,493 4,106 Am Smelting & Refg Co.. American Tel & Tel Co Armour & 38 2,145 1,059 975 860 163 7,181 1,097 102 """958 415 592 250 429 712 485 285 368 700 1,802 1,450 3,227 1.579 516 1,470 775 507 483 2,504 50 5,737 40 906 889 130 2,820 516 54 1.580 202 1,166 827 750 349 1,305 537 241 693 4,091 593 141 5.854 10c lc 40c 254c — * 100 Copper Mining Co (111) 50 10 854 51 Baldwin Loco Works vtc Barnsdall Oil Co 12 —— Aviation - I i Bethlehem Steel Corp (Del)--* Borg-Warner Corp I Canadian Pacific Ry 21 100 1,190 Caterpillar Tractor 172 Citifs Service Co Columbia Gas & Elec 49 54 10 Corp 7 654 (Del) 5 Corp 1 1 429 Electric Bond & Share 899 Electric Power & Light 5 Corp.* * 3,754 General Electric Co ♦ 2,194 General Foods Corp * 2,237 Goodrich (B F) Co 430 Graham-Paige Motors Corp 1 » 3,202 International Nickel Co 2,769 International Tel & Tel 2,362 Kennecott Copper Corp * * 1,800 Loew's Inc. * 1,299 Montgomery Ward & Co 1,600 Mountain City Copper Co.-5c 5 2,122 McKesson & Robbins Inc * 5,064 New York Central RR 1 8,830 North Amer Aviation Inc 10 4,012 North American Co 1,942 Ohio Oil Co * 6,478 Packard Motor Car Co... 1 1,719 Paramount Pictures Inc 50 2,725 Pennsylvania RR Co 926 Pure Oil Co- 6 6 6 154 Apr. 11 2 Apr. 1 Apr. 6 lc 6 Mar 9c Mar 54c Jan. 154 Mar. 16 4c Feb. 17 254 Jan. 3 54c Feb. 26 35c Mar. 26 *28c 45c 254c 154c Apr. 6 154c 15 1 3 54 23% 10% 29% 7% 7% 40% * * 15 * * 7,650 Standard Brands Inc 1,847 Standard Oil Co (N J) 25 * 1,151 Stone & Webster Inc —__1 11,664 Studebaker Corp 327 Superior Oil Corp (Del) 1 - 754 6 54 3954 4854 IV4 36 36% 55% 5354 4 4 26 % 854 1554 2454 23% 22 Sale 754 354 754 2154 854 654 V4 3% 8 24 1% 23% 1 20 54 18 19% 86% Swift & Co. 25 Texas Corp 25 45 U Tide Water Assoc Oil Co Union Carbide & Carbon 10 10 8* United Air Lines Trans Corp..5 United Aircraft Corp 5 (Del). 47 54 * 1,885 U S Rubber Co 10 12,528 U S Steel Corp 1,808 Warner Bros Pictures. 5 586 Westinghouse Elec & Mfg...50 6,119 Willys-Overland Motors lnc—1 4 Sale 22 54 754 354 8 2254 954 Sale 154 2154 1154 154 2254 254 3454 5854 « 354 112 154 m 3 4854 17 3654 3654 53 54 4 54 854 1654 2 3 35 3354 5054 4 654 1554 2254 2154 754 354 654 2154 1054 654 21K 1754 8554 1054 1554 754 4254 954 1054 2 22 54 24 4554 1054 84 54 2154 4854 254 3554 4654 1154 8254 Sale 354 113 154 1554 154 14% 154 354 23 54 1054 2854 654 75c 11 43 54 44% 12% 9% 2 H 22% 654 2954 1054 Sale .154 554 1954 1854 86 54 1154 1654 754 4354 1054 8654 1154 1554 654 12% 20% 1 954 Apr. Apr. 2254 Apr. 16 24 54 9 a23 54 24% a2254 Apr. 2 7% Apr. 754 854 3 3 % Apr. 454 454 1554 Apr. 18 1754 1754 1254 1154 1154 Apr. 24 3454 33 % Apr. 19 3454 84 83 54 Apr. 25 84 8 24 54 23 54 2454 Apr. 4 5 % 6 6 Apr. 3354 75c 6 * 28 54 32 54 3 54 854 * 454 23 Sale 654 554 3854 4754 1854 8JF 854 Apr. 2254 6 27 54 1954 37% 4% 154 354 2254 1054 48 62 He 854 50 H a49H Apr. 26 a53 54 173 54 17254 Apr. 15 17454 30 3054 Apr. 26 3154 3 754 5% Apr. 754 7 5054 554 654 1554 554 * 2,818 Sears Roebuck & Co 4,235 Socony-Vacuum Oil Co 536 Southern Ry 6 654 Apr. 3 1054c Apr. lc 1 Apr. Jan. 154c Jan. 254c Jan. 2 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 4 10 4 10 22 8 19 13 15 27 9 16 25 854 Mar. 18 10 Jan. 11 47 54 Jan. 15 4754 Jan. 15 Mar. 18 17454 Mar. 12 172 2654 Jan. 22 554 Mar. 16 22 Mar. 20 6 Jan. 22 3154 Apr. 10 754 Apr. 22 2454 Apr. 8 1154 3154 7354 2354 554 6 15 Mar. 12 Feb. 9 Feb. 5 Feb. 9 Feb. 27 854 Apr. 13 454 Apr. 15 1754 Apr. 27 1254 Apr. 9 34% Apr. 16 84 Apr. 25 2454 Apr. 8 6 Apr. 4 51 Apr. 22 5154 Jan. 3 54 Jan. Jan. 69 54 454 * 6,456 Radio Corp of America 1,120 Radio-Keith-Orpheum 13,546 Republic Steel Corp-.90 Seaboard Oil of Del Odd lots, 2 354 1554 1154 3554 7654 2454 4954 1454 a 154c 654 Apr. 954c Apr. 54c Apr. 9c 154 54c 25c 50 54 67 54 25 4% 72% 53 H 4% Commercial Solvents * Commonwealth & Southern. .* Continental Motors Corp 1 841 United Corp lc Sale 354 1454 1054 34 54 7554 23 54 554 3% 17% 12% 31% 80 % 6H 533 Continental Oil Co No par value* 24% * 22,928 Curtiss-Wright Class A 2,939 2,979 2,575 1,614 1,600 3,656 1,616 654 13c 17154 172 54 2954 2954 554 554 23 54 22 54 23 54 2254 17054 30% 5 H 4,475 2,926 2,394 4,818 lc 54c 25c 154c 20 H Bendix Sale 38c -_5 4.325 1,244 3,101 2,996 2,688 631 2 2% 2%c Sale 28c Atch Top & Santa Fe Ry—100 25 471 Atlantic Refining Co.. 3 7,89.5 Aviation Corp (Del) 1,740 Aviation & Trausportation— 1 30 Case (.J I) ""354 * Amer Rad & Stand San.. Anaconda 5c 2% He 654 654 554 954c 1054c 954c 54 c Sale 54c 8c 654c 10c STOCKS— UNLISTED 1,501 2,768 2,166 1,210 1 6% 12 %c 15c lc He 20% 4854 254 3154 6054 3 Sale 23 54 Sale 2954 754 3 54 Apr. a454 Apr. 654 Apr. 15 54 Apr. 154 Apr. 3 54 Apr. a2254 Apr. 954 Apr. 2854 Apr. 8 Apr. 654 Apr. 3754 a37 4954 a4754 Apr. 19 54 Apr. 1754 1 1 Apr. 3054 3054 Apr. 354 Apr. 354 Apr. 3554 38 Apr. 3454 a34 51 a5054 Apr. 4 Apr. 454 654 Apr. 1554 Apr. 1654 23 2354 Apr. 21 54 Apr. 2254 754 Apr. 854 354 Apr. 354 754 Apr. 754 2154 Apr. 2254 a954 Apr. 1054 Sale 654 Apr. a!54 Apr. \X 21 Sale Apr. 1854 al854 Apr. 85 Apr. 8654 11 11 Apr. 1654 al654 Apr. Sale 754 Apr. 4254 4051 Apr. 10 954 Apr. 10 % 1054 Apr. 2 Apr. 2% 2254 Apr. 24% 4554 Apr. 4654 1054 Apr. 1154 8354 a8054 Apr. 2154 Apr. 2154 5154 Apr. 4954 a254 Apr. 254 Apr. 3254 33 58 54 Apr. 6154 3% Apr. 354 114 alll54 Apr 2 Sale Apr. o , 113 51 51 a5 54 754 1654 154 a2354 1154 2854 8 8 4 Apr. 22 Apr. 4 Apr. 8 Apr. 5 Apr. 3 Apr. 4 Apr. 11 Apr. 22 Apr. 8 Apr. 6 a4054 Apr. 5 a4954 Apr. 23 2054 Apr. 4 1 Apr. 23 3054 Apr. 18 2 354 Apr. 38 Apr. 9 03754 Apr. 4 05554 Apr. 8 454 Apr. 12 754 Apr. 4 18 Apr. 4 26 Apr. 9 23 54 Apr. 6 754 Apr. 17 354 Apr. 6 854 Apr. 4 2154 Apr. 18 all 54 Apr. 22 7.54 Apr. 3 54 Apr. 15 54 Apr. 28 01854 Apr. 5 87 54 Apr. 6 1254 Apr. 5 Apr. 4 Apr. 5 4254 Apr. 26 Apr. 10 Apr. 6 254 Apr. 9 2254 Apr. 3 47H Apr. 4 Apr. 19 08454 Apr. 4 23 54 Apr. 15 5154 Apr. 17 a2 54 Apr. 4 37 Apr. 3 65 Apr. 9 454 Apr. 4 al 4 Apr. 4 354 Apr. 22 alVi lI8 t Name of Los Angeles Industries. Inc., changed to Blue Diamond Corp. as 15 5 54 Mar. 1354 Jan. 1 6 19 Mar. 13 354 Jan. 19 754 Apr. 1654 Apr. 154 Jan. 454 Feb. 24 8 5 4 2 954 Feb. 15 2854 Apr. 8 754 Jan. 27 5 54 Mar. 29 1154 Mar. 2954 Feb. 854 Jan. 8 Jan. 8 38 40 Jan. 11 Jan. 15 4554 Jan. 12 1854 Mar. 16 1 4 Jan. Apr. Apr. Mar. Jan. 18 19 28 24 Jan. Apr. Apr. Mar. 20 54 Mar. 31 10 27 18 7 3054 354 3554 3554 354 654 1554 2054 7 Jan. 11 354 Jan. 754 Jan. 29 24 21 Jan. 24 9 Jan. 5 55 15 Feb. 26 Feb. 5 19 Mar. 18 85 Apr. 22 11 Apr. 24 1754 Jan. 25 6 Jan. 2 4054 Apr. 19 10 Mar. 28 954 Jan. 2 Apr. 2254 Jan. 4554 Mar. 1054 Feb. 82 54 Feb. 1554 Jan. 4854 Jan. 254 Mar. 33 Apr. 54 17 2 10 25 1 29 24 26 11 18 Mar. 18 354 Apr. 12 154 Mar. 13 of March 26, 1940. 8 7 3 4754 Feb. 19 2054 Apr. 4 Jan. 4 3854 Jan. 454 Jan. 4 5 24 1 OOX4 3654 Jan. 3554 Feb. 6 454 Apr. 12 754 Mar. 30 1854 Jan. 3 26 Apr. 9 2354 Apr. 6 754 Apr. 17 4 Mar. 11 854 Apr. 2454 Jan. 9 Jan. 4 5 5 3 754 Apr. X4. Apr. 154 Jan. 29 8 2354 Apr, 8754 1254 1754 754 45% 6 Apr. 5 Apr. Jan. 26 Jan. 18 4 Jan. 12 Jan. 1254 254 23 54 4754 Feb. 20 Apr. 9 Feb. 28 Apr. 4 11 11 Jan. 8254 2354 5154 254 3854 Feb. 29 Apr. 15 Apr. 17 Jan. 3 Feb. 9 Apr. 9 65 4 Jan. 3 4 354 Apr. 22 / Pittsburgh Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE Stock Sales 1940 April Jan. 1 to April 30 1939* 112,123 279,216 Shares_ 84,631 346,906 Bond Sales 1940 1939 April Jan. 1 to Apr. 30 $7,000 AGGREGATE SALES PITTSBURGH STOCK EXCHANGE In April Jan. 1 PRICES IN MARCH S BONDS 40 323 207 1,837 200 10 49,890 100 3,709 145 41 547 Byera (A M) 10 Preferred 1.541 800 453 11,878 91,031 Carnegie Metals 1 4,264 Clark (D L) Candy .._..* 10,928 Columbia Gas & Electric * 60 20 298 7.542 35 10,433 1,907 10 ""213 230 Oopperweld Steel.. .10 Crandall McK & Hend * Devonian Oil ..—.....10 Duquesne Brewing 1,310 600 779 "120 """40 6,000 3,190 "'300 25 40 322 525 ""152 1,734 416 902 5 Products .....* 100 1 70 Home (Jos) common .100 40 Jeannette Glass preferred 20 Jones & Laughlin St'l pref. .100 967 Koppers Co pref 34,219 Lone Star Gas 35 Mc Kinney Mfg Co ...... Pittsburgh Coal Co Preferred com Lowest 100 41% Sale Sale 10 Sale 10% Sale Sale 50c 25c 6 Sale 64 10c 6 Sale 6% Sale 204 Sale 5 16 11 17 5 12 Sale 5 14 Sale 17 13 123 11% 15% 13% 1% 74 11* 6 18% 14 11* 24 Sale 6 15% Sale 13% 13% 5 18 6 Sale 1% Sale 5 Sale 10% Sale 1% Sale 6* 7% 88 25 22% Apr. 113% Apr. 2 Apr. 7% Apr. 40% Apr. 9% Apr. 11% Apr. 74% Apr. 10c Apr. 6% Apr. 6 20% 6% 15% 13% 5 18 1 % 14% 113% 2% 8% 43% 10% 12% 74% 30c Apr. 24 Apr. 19 1 Apr. 18% Jan. 113% Apr. Jan. 30 Apr. 24 8 Apr. 6% Feb. 1 Apr. 5 Apr. 22 9 Apr. 3 Apr. 6% Apr. 18 8 74 Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. Apr. 20c Apr. 5 1 Apr. Apr. 5 22 25 6% Apr. 22 Apr. 10 14 3 Apr, 2 5% Apr. 5 18% Apr. 1% Apr. 30 15 5 Apr. 16 31 89 9% Sale 1% 5% Sale 1% Sale 64 84 89 % 10% 6 1% Sale Sale Sale 1% 8% 88 9% 1% 5% 1% 65 Apr. 26 89% 10% 1% 6% 1% Apr. Apr. Apr. Apr. Apr. Apr. 37 Apr. 9 Apr. 29 Apr. 19 Apr. 30 Jan. 1% 1% 32% 54 Sale 31 1% 36 5% 2 Sale Apr. 3 25 26% Apr. 25 1 1 36% Apr. 17 6% Apr. 15 1% Sale 36 38 Sale 36 Apr. 5% Apr. 14 —~ '84 Sale" 14 Sale 101% Sale 6% Sale 1% 1% "7% Sale" 11% 1 % 101% 6% Apr. Apr. Apr. Apr. 40c Apr. 10 Apr. Apr. 1% Apr. 10 lc 16 2 13% 1% 104% 7% Apr. 23 1 Apr. Apr. 18 Apr. 10 3 40c 50c ... lc 14 65 2c — — 94 lc 2c 2 Sale 40c 1 9% 9 lc 2c lc 1% 1% .... Apr. 10 9 Apr. Apr. Apr. 10 80 25c 35c 30c 30" "32" 15c 20c 23% Sale 1% Sale 25c 35c 33 25c 15c :::: "33% 8 1 35c 10c 30 15c 7% Apr. 33 25c 6 Apr. 24 Apr. 15 Apr. 25 Apr. 27 10c 32 20c Sale 2 3% Apr. 11 3% Apr. 17 8 22% Apr. 16 25% Apr. 112 Apr. 18 115% Apr. 8 1% Apr. 1 2 - Apr. 24 40c Jan. 6% Apr. 7% Apr. 25c 1 15% Jan. 18 19 Jan. Jan. 5 18 8 26 10 25 4 Mar. 12 15% Apr¬ 16 Apr. 22 6% Mar. 21 9 17% Jan. il Jan. 5 Jan. 2 13 Jan. 3 18 10 20 Mar. 15 32 65 Apr. 26 90 Feb. 1% Jan. 12% Jan. 12 65 Apr. 26 2 84% Jan. 2 9% Feb. 1% Mar. 30 5 Jan. 1% 6% 1% 6% 1 % 32% 4% Jan. Jan. Mar. Apr. Jan. Jan. Jan. 10 2 14 18 20 25 Mar. 13 6% Mar. 29 Jan. 9 1% Apr. 30 Apr. 5 15 Mar. 2 8 10% Apr. 29 1% Apr. 19 6% Apr. 30 19 il Jan. Jan. Mar. 3 9 20 12 26% Apr. 25 2% Jan. 12 36 Apr. 17 6 Apr. 15 Jan. 20 27 Jan. Jan. 18 13 Apr. 23 1% Feb. 99% Jan. 6% Feb. 1 1 40c 6 29 1 % Feb. 20 5% Jan. 25 2 lc lc Feb. 1 Jan. 7% Apr. 5 29 Apr. 24 Apr. 15 Apr. 25 Apr. 16 Jan. 10c 1 12 Jan. 1 10 9 A* Apr. 6 Apr. 24 55c Feb. 1% Jan. 19 10c Apr. 25 4 33% Jan. 25c Jan. 17 3% Apr. 28% Jan. 12 117% Jan. 17 2% Jan. 1 3% Apr. 11 22% Mar. 18 106% Jan. 12 Feb. Jan. Jan. 9 33 4 9% Mar. 27 1% Mar. 23 25c Feb. 17 104x4 Apr. 18 5 2 8% Jan. Mar. 23 3 Mar. 23 Mar. 5 45c Mar. 6 20c 29 3% l 5 23% Sale 114% Sale 1% 5 Apr. 24 Apr. 15 Apr. 25 Apr. 16 Apr. 24 2% Apr. 1 8% Apr. 24 43% Apr. 8 11% Jan. 3 13% Feb. 10 74% Apr. 9 10 65 7% Apr. 55c 20c 8 40c 25 Jan. 3 50c 15 19 113% Apr. 9% Mar. 19 11% Mar. 26 9 74% Apr. 10c Apr. 27 4 5% Jan. 5% Mar. 15 20c 5 Apr. 22 7 26% Apr. .1 1 2 31 65 1 1,334 Vanadium Alloy Steel * 4,620 Victor Brewing Co ......1 152 Waverly Oil Works class A...* 4,061 Westinghouse Air Brake * 942 Westing house El & Mfg 50 UNLISTED 2,495 Pennroad Corp v t c Highest Sale Prices Sale Prices 113 Jan. 9 113 Jan. 9 110% Jan. 25 110% Jan. 25 .........100 140 United States Glass 322 Voting trust ctfs Sale Prices 1 10 6,973 Shamrock Oil & Gas.........1 50 Preferred 100 300 6% preferred. 10 25 United Eng & Fdy .5 Ex-dividend. Highest Sale Prices 20c ..* 555 Renner Co 1 270 Reymer & Bros common.....* 710 Ruud Mfg ..............5 21,550 San Toy Mining 1 x Sale 5% Sale 5% Sale 84 % 195 Pittsburgh Forgings ..1 1,785 Pittsburgh Oil & Gas 5 1,660 Pittsburgh Plate Glass .25 2,525 Pitts Screw & Bolt Corp.....* 10 Pittsburgh Steel Foundry * No par value, 35c 100 1 30,551 Mountain Fuel Supply ...10 8,004 Nat Fireproofing Corp com..* 465 National Radiator Corp 10 10 Penn Federal Corp common. _* 10 4%% preferred 50 1,985 Pittsburgh Brewing 1,058 Preferred 150 "*170 37 11 12 % 10 3,418 Follansbee Bros pref 14,613 Fort Pitt Brewing 364 Sale 2% Sale * - Preferred 940 Electric Lowest Ask 113 * * ...100 1,033 Consolidated Ice Co April 30 Ask Bid 108% 23 Corp ..10 1,311 Armstrong Cork Co * 4,800 Blaw-Knox Co.............* 2,575 1,510 1,943 8,818 100 628 April 1 Bid 100 225 Arkansas Nat Gas 456 Preferred. 2,023 Ask _ Preferred-. 341 Bid Par 1,790 Allegheny Ludlum Steel 45 * 1940 STOCKS Shares 41 1 Jan. 2 % 4,000 Independent Brewing 6s. .1955 3,000 Pitts Brewing 6s 1949 Shares 780 RANGE SINCE JAN. Price Since 22 4 3 In the earlier part the country, of this publication complete records of the dealings on the leading stock for the latest month and for the calendar year to date, General Quotations sure furnished. of not The following is an combine in one comprehensive whole, securities of all classes and descriptions, we only those dealt in on the exchanges, but also leading unlisted and inactive securities. Index to the different classes of securities quoted: 84 ...................... 92 Federal Land Bank Bonds............... Foreign Government Bonds.............. 93 Industrial Bonds........................ Joint Stock Land Bank Securities........ 84 85 Municipal Bonds—Domestic............. 92 Mining Stocks.......................... Canadian.. 81 Industrial Stocks....................... Page Page Page Exchange Seats exchanges of In this department 94 ......................... 71 ............101 Railroad Stocks.................-------Real Estate Bonds....... 81 81 Real Estate Trust and Land Stocks....... Textile Stocks........................... Deposit Stocks. 85 92 88 Public Utility Bonds.................... 73 Title Guarantee and Safe Insurance Stocks.......................100 Public Utility Stocks.................... 78 United States Government Securities..... Investing Companies Securities.......... 72 Railroad Bonds......................... 67 United States Territorial Bonds.......... 92 Quotations for all securities are as near as possible for the closing dag of the month preceding the date of issue. The letter "T* prefixed to bond prices denotes that the quotation Is a flat price-—that is, that the accrued Interest forms part therefore the purchaser does not have to provide for It separately In making payment. always "flat," and no designating mark is employed to indicate the fact. of the price, and In the case of Income bonds and bonds in default, the prioe ■) Is Quotations for equipment bonds are based on average maturities. addition to the prioe. and unlisted securities are merely nominal, but in Quotations for guaranteed stocks are "and dividend" that Is the accrued dividend must be paid In It should be borne in mind In the use of these tables that the quotations for many Inactive cases the all figures are obtained from sources which are considered reliable. The following abbreviations are often used, vis.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬ dated "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "opt" for optional. The black-faced type In the letters showing the interest period Indicates the month when the bonds mature. NOTICE—All bond pricos tr# "and Interest" except where marked "f" and Income Bonds Bid Bonds Ask Bid RAILROAD BONDS 86" 78 99 _ 47 M 48 M 46 46 ^ 1st cons g 5s 1943 ser A...JAD 1st cons 4s 1943 ser B.....JAD Alabama Tennessee A NorthernPrior lien 6s 1948 JAJ Gen Income 6s Oct 1948—JAJ Alabama A Vlcksburg By— 1st M g 5s 1974 s rieb A—MAN 109M 108 M 110M 108 M Alleghany Corp— Ooll tr conv 5s 1944 FAA Coll A conv 5s 1949....—JAD stamped 1950 AAO Allegheny Val gen 4s 1942..MA8 Allegheny A Western— 1st mtge guar 4s 1998.— AAO 5s 82 73 / 43 105M 6 2.50 42 H 1% to Sept 1 '46-M&S Ref A gen M ser F due 1996 int 1% to Sept 1 '46-M&S Conv gold due 1960 FAA P L E A West Virginia— 26M 12 M 26 M 81M !!" S'western Div 1st M due 1950 44 M int 105 Vt 70 i!H 1.50% 45 99 106 90 86M as* 97 95 M 104 M Conv deb 4 He 1948.——JAD Trans S L 1st g 4s 1958..-JAJ Cal-Arls lstAref4Hs'62 opMAS Equipment trust 4Mb———— Eq 4 Ms 1940-41 E (yr)—FAA Eq tr 2Mb 1940-52 AAO Atlantic Coast Line (Conn)— Irred ctfs of tndebt 5s_.—JAD Atlantic Coast Line of S O— Gen 1st g 4s July 1948——JAJ Atl A DanvilK 1st 4s 1948 JAJ 2d g 4s 1948 -JAJ Atlantic A Yadkin gu 4s '40.AAO Aug Term 1st gu g 6s 1947—AAO Augusta Un Station 4s 1953.JAJ Austin A Northwestern— 1st mtge gtd g 5s 1941 JAJ 89 H 97 M 99 96 104M 109 M 108M 100 Rocky Mt Div 4s 1965— AJ 1.65 Eq tr 2 Ms 1940-1949 MAN b Athens Term Ry 1st g 5s *37—JAJ / 25 Atl A Blrm. See Seab'd Air Line Atlanta A Charlotte Air Line— 95 1st M 4Ht> 1944 ser A JAJ lot M 5s 1944 ser B JAJ 98M Atlanta Knoxvllle A Northern—1st mtge gold 5s 1946——JAD 1st cons 4s Mar 1 2002—-BIAS 97M 73 Atlantic City 1st 4s 1951.—JAJ 1st 5s axt May 11954..—MAN 81M Atlantic Coast Line RR— 69 M 1st oons 4s July 1 1952—MAS Gen unlfsar A 4Mb 1964..JAD 10-yr coll tr 5s May 1 "45.M&N Loo A Nashv 4s Oct 1 *52.MAN 106 M 87 M P »n b 2.00 b 2,50 Ref 4s ext to 1951 33 55 124 2.25 100M 75 83 73 53 M 73 M 66M 1.50% 1.50% 2.00% 85 / Stamped 5s series Q Feb 2 1940 5s series R May 1 1940. 32 57 Equip trust 2 Ms 1940-47—AAO 40 50 Canada Atl Ry 1st 4s 1955—JAJ Canada South 5s 1962 ser A .AAO 84"" Canadian National Rjrs— 2s guaranteed 1942 28 guaranteed 1943 Guar 7-year 2Mb 1944 1.00% 1.50% 88 21 56 M 75M 54 M 54 M 58 55 H 55 M 46 50 55 % 47 55 46 80 76 M { Boston A Maine quotations are for free bonds. 73 38M 39 M 63 66 38 3s guar 2Mb 1946 2 5M 2 5 102 M 101 1.75 77 M 78M 57 59 65 65 57 59 57 59 57 59 57 59 57 57 59 57 lOlM 1.15 79 81 101 % 104 101 % 100 MAN 103 96 M 104 99 guaranteed 1944 15-year gtd 1952 FAA 13-year guar 1950 JAD 3s 16-year guar 1950 JAD 3s 15-year gtd 1953— FAA 3s 15-year gtd 1959 JAJ 4Mb guaranteed 1951 MAS 4 Ms guaranteed 1956 FAA 4 Ms guaranteed 1957 JAJ 4Mb guaranteed 1955 JAD 5s 15-yr. guaranteed 1954-FAA 5s guaranteed July 1 1969 JAJ 5s gtd Oct 1 1969 AAO 5s guaranteed 1970 FAA Equipment trusts— 4Ms series J 1940-42—MAN series O 1940-1947.FAA m Nor deb 6Ms *46—JAJ s Canadian N W 4 Ms Oct 22 1943.. Canadian Pacific Ry—• 57 6 Basis. 69 2Mb coll trust 1941 ...AAO 3s serial coll tr 1940-41—FAA 3s conv coll trust 1045 AAO 3 Ms conv coll trust 1951—FAA 4s conv coll trust 1949.—-JAJ 4s cons deb (perpetual) JAJ 4Mb secured ctfs 1944 JAD 4Mb coll trust 1946.—...MAS 4Mb coll trust 1960 JAJ 5s coll trust 1954-..-—-JAD 6s conv coll trust 1942 MAS 98 97 M 97 M 96 M 97 M 93 95 97 M 97 97 M 97 M 99 M 98 97 M 100 116 117 100M 101M 101M 102 101H 101 4.00 4.00 3.00% 3.00% 94 3.0u to 97 108 108 M 102 104 4.00 61 59 58 series FF Jan 1 1947... 5s series GG April 1 1947 6M 100 % 98 Js series L 1940-1945.JAD 61 5s series CO Jan 1 1945. 5s series DD June 1 1945 4M 103 5s series K 1940-1944..MAN 58 62 17 46 M 47 86 100M 49" 75 62 85 JAJ —FAA FAA JAJ 50" 61 90 JAJ JAJ 3.00 3.75 Cambria A Indiana RR— 58 1943.. JAJ 85 58 58 series Y Jan 1 4s1950 Buffalo Creek 1st 5s 1941 1st ref 5s 1961 64 64 1942 5s seres Z May 1 1943 5s series AA April 1 1944 5s series BB April 1 1944 6s ext to Jan 15 1947 JAJ Boston Term Co 3M> 1947— FAA 85 95 April 1 1942.. July 1 1942...... 105 12 Bost A Prov deb 5s July 1 1938 Boston Rev Beach A Lynn— 1st m 4Mb Juy 15 1947—JAJ15 Con 1st A coil tr 5s g *34—AAO Certificates of deposit.. Cambria A d'field 5s g '41—JAJ Gen M g 4a 1955 —FAA 5s series V Mar 1 5s series X 2.25% FAA int at 3% to 1946 due 1957.. Buff A Susquehanna RR Corp— 1st 4a Dec 30 1963 JAJ Burl Cedar Rapids A North— 69 5s series W 3.25 10M 1.50% 1.65% 1.65% 2.00% 5s series S Sept 1 1940 58 series T Sept 1 1941...... 5s series U Nov 1 1941 98 MAN 4s 1955 2.00% 3.00% 2.25% 53 M 91 t Boston A Maine RR— 1st mtge 5s ser AO 1967.—MAS Stamped I I 1st mtge 5s ser II1955—MAN Stamped 1st mtge 4 M* ser J J1961.. AAO 52 Buffalo Rochester A Pittsburgh— Cons mtge (stamped modified) 45 68 1943..AAO -JAJ Y O—AAO 56 54 3.10 3s Albany 5a Oct *63—JAJ 1st mtge 4 Ms ser A 3 Ms Jan 1 1951 Ref 3Mb 1952 gu N 1st mtge gu g 7-year 1.50 5s June 1942—.—.—JAD 4 Ms impt 1978 FAA Boston A 99M 5s series EE Jan 1 1946 12M 109 Equip trust 3M> Dec. 1 1940-46 Blrm Term 1st g 4a 1957 gu.MAS Boonvllle St L A Sou 5s 'ol.FAA 82 87 M 53 Equip tr 2Mb 1941-1947—MAS Big Sandy Ry 1st g 4s 1944—JAD Birmingham Southern— 37 31M 55 M 103 M M&N 44 1 '47-J&J 52 M Tol Cinn Div ref 4s A *59—JAJ / 2.25 Eq tr 4Mb ser D 1941 JAJ 2.50 Eq tr 4Mb ser E1940-42--AAO 2.50 Eq tr 4Ms ser F 1940-44.-MAN 2.40 Eq tr 2Mb ser J 1941-50 Bangor A Aroostook— 94 1st M 5s g Jan 1 1943.——JAJ 60 Cons refund g 4s 1951——JAJ 63 M 4s ■tamped 1951 80 Pis cat Div g 5s Jan 1943.. AAO 82 Van Bur Ext 6s g Jan '43.AAO 35 Battle Or A Sturgis gu 3s *89-JAD 44 Bay City A Batt Crk 3s '89.JAD Bedford Belt 1st 5s 1938 JAJ / 50 Beech Crk Ext 3M» 1951—AAO 90 Belt Ry of Ohatt 1st 5s '45—JAJ Belvtdere Del cons 3 Ms 1943. JAJ 105M int 3M% to Jan 85 97 / Bessemer A Lake Erie— 108M 100 M 1.00% {Boston A Maine RR (Cont)— Mtge 4M« 1944 JAJ Mtge 4s 1942 FAA Mge 3s 1950.... JAJ Equipment trusts— 3 Mb 1940-1944 JAD 4s June 1 A Dec 1 1940-49 4Mb 1940-1943 AAO 5s 1940-1944 Boston ANY Air Line— 93 M ^ gold 4a 1995 AAO Adjustment 4s July 1 1995 Nov Stamped MAN Conv g 4s of '09 due 1955. AD Conv g 4s *05 due 1955—JAD Conv g 4s of *10 due 1960. JAD Gen mtge 26 M 26 M American Refrig Transit— Equip 5s ser P, G A H, 41- 45 Ann Arbor 1st g -ls 1995 Q-J Ark A Mem RyBr ldge A Term— 1st M 5s 1964 MAS Aroostook Nor 5s g 1947 AAO Atchison Topeka A Santa Fe— 68M 26 M 26 M ^ 63 M 68 30M " 8* 54 M 29 M _ Albany A Susq 3M» g 1946..AAO 70 1946 JAD Ref A gen M ser D due 2000 11 <! 68 M 54 1st mtge g 4s, July 1948—AAO 4% ext sec notes 1944 FAA Stamped modified bonds: 1st mtge gold due 1948 int at 4% to Oct 1 1946. A&O Ref A gen M S8r A due 1995 int at 1 % to Dec 1 *46. JAD Ref A gen M ser O due 1995 interest at 1 1-5 % to Dec 1 38 Ask Bid Bonds Ask Baltimore A Ohio— Aberdeen A Aaheboro 1st 5s'4QJAJ f Adirondack 1st 4Mb 1942 gu MAS Akron A Barb Belt g 4s 1942. JAD Akron Canton A Youngstown— Gen A ref 6s 1945 series A.AAO / Gen A ref 6Ms 1945 ser B.AAO / Alabama Great Southern— and defaulted bonds 99 M 100 64 62 M 66 M 63 82 73 % 79 75 M 102 M 4.00 59 59 /This price includes accrued interest, B JAD 1940-1945 k Lsat sale, n Nominal, r Payable in Can. funds RAILROAD 68 BONDS NOTICE—All nond price* are "and interest" except where marked "f" and income end 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 Oaro Cent 1st g gu 4s 1949—J&J / 44 Oaro Clinch & Ohio 6s 52.J&D 16 108% 46 109 Carthage & Adirondack— 1st intge guar g 4s J 981-—J&D 45 X 4s 1948-—A&O Central Arkansas & Eastern—Catawissa RR _ / 1% 3 f 1st 6s 1940 17 X 20 Central Branch Union Pacific-— ■ 1st 4s J&D 1948-vi- Central of Georgia— 1st M g 5s Nov 1 1945— Cons gold 5s Ref & gen 5%s 1959 s6r B. A&O Ref & gen 5s 1959 ser O---A&O 26 X 6 194&^5»j»»4&N 2% Equipment trusts— 4X* series Q 1940-----M&N 4s series 6% 2X 2% 2X 2.50 T1940-1952——J&J 4.25 Chatt Div gold 4s 19ol_—J&D Macon & Nor g 5s 1946—J&J 8 1.00% 3.25% 8X 5 Mid Ga & Atl 1st 5s 1947--J&J Mobile Dlv g 5s 1946 J&J Oconee Dlv 1st 5s 1945——J&D Cent New Eng 1st gu 4sl961 J&J ~6% 5 4% m 51% 5s 1987-J&J 16% 16% -----J&J 14 1.75 1.00% 67 X 68% 47" 47% 15X ^ 11954—A&O 67 35 37 55 X European loan 4s 46-. —-Mats 60 Central RR & Banking of Ga-- 1942.—M&N Coll tr 5s ext'd to Central RR of South Carolina— 1st ref 6s 1940-1976 Central Vermont Ry—v^., Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— General 4%s gold 1992 --M&S Ref & imtp 3 %s D 1996- - M&N Ref & .rapt 3 %s ser E 1996 F&A Ref & impt 3%s ser F 1963 J&D notes. 1940. J&J notes, 1941 J&J notes, 1942 J&J 2X 2 notes, 1943 J&J 1944 2 notes, 2 notes, 1945- 2 notes. 1946 Equipment trusts— 4%s series W 1940 4%s 1940-1945 3.00% 99% 106 M&N b 1.65 b 1.65 1.50 1.60 . Chic Great West 1st 4s 1959-M&8 / 29 J&J 65% 2038 J&J f 31% Equip tr 4%s "A" 1945—A&O b 2.75 Chicago & Illinois Midland Ry 1st mtge s t 4%s ser A *56 M&S 104% 1st mtge 4s w i 1988 Gen mtge inc 4Mb w i 0.50% 1.00% 1.00% 1.10% 1.00% 60-yr 5s 1975 series A F&A Conv adj 5s Jan 2000 A&O Chicago Milwaukee & St PaulGen g 4s A May 1 1989 J&J 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-'63A&0 Eq 4%s '40-'43 E & F (yr).J&J Eq 4%s '40-'41 G & H (yr) J&J Eq tr 58 1 940 ser B (yr)—F&A Chicago & North Western— 61% 91% 83 89% 97% 102 * 103% 122 100 29% 67% 33% 2.00% M&N — 102% 2.00 105% 64 110 80 4s 1940—F&A 108% 110% 65 J&D 20 15% 8% 8% 17% 8% 8% 2.00% 14 33" 6% 1% 76 68% 1.50% 3%s 1955—F&A 1st & ref gold 4s 1943 M&N Delaware Lackawanna & Western con g 26% 26 27 / / 26% 26% 26% 27 29 f 3.50 4.75 4.75 4.75 16 16% 14% 16% 18% 9% 10 27% 2.50% 4.00% 4.00% 4.00% 16% 17% 16% 19 18% 2% 28% 35% 19% 3% 29% 38% 43 45 33 36% «• — J. — 101% 56% 2.80 2.40% Co. -J&J J&J 9% 9% Gen income 5s Aug '55—F&A Assented subject to plan 2% 3 Ref & impt 5s 6% 1978 ser B A&O Eq tr 4%s 1940-'42 (yr)__M&N Equipment trust 5s _ 2 - 2.75 IX} 2.50 2.00% 2.00% 66% 68% Denver & Salt Lake Ry— Inc mtge 6s Jan 1 i960-An Apr 1st 4s 1950 —,— J&J 95 Des Moines & Fort Dodge— Ctfs of dep for gtd 4sl935-J&J Des Plaines Val 4%s 1947—M&S 50 Det & Mack 1st lien 4s 1995-J&D 40 48 2nd Mort. gold 4s 1995—J&D 25 30 98 99% 17 1st guar 4%s 1961 M&N Detroit Toledo & Ironton— 4% 5% Detroit Terminal & Tunnel— 3 1964 J&J M&N Eq tr 2%s 1940-1947 103 2.25 1.50% Detroit & Toledo Shore Line— 1st gold guar 4s 1953 Dext & Piscataquis 4 %s J&J '49.-J&J 107% 65 108% 70 Duluth Missabe & Iron Range— 2.50 2.65 2.65 2.00% 2.00% 2.00 1.25% 2.50 1st mortgage 3 %s 1962—A&O Duluth South Shore & Atlantic— 1st gold 5s 1937- Dutchess Co RR 4%s J&J 1940—J&D 108% 109% 91 91 95 4.00 J&D 75 *41. J&J 108 J&J J&J J&J 100 g 93% 86% 86% 25% 27% „ Eq tr 4%s 1940. Greenbrier Cheat & Elk— 1st 5s 1944 92 J&D 6 .J&J Debenture ctfs A Feb Debenture ctfs B Feb Guantanamo & Western— Stmpd (July 1 1933 88 87 0.50% 97 83 101% 61% 6 64 7 J&J 49 A&O 85 80 81% 92 95 A&O Gulf & Ship Island RR— 1st ref & term g 5s Feb '52. J&J cpn on). Gulf Terminal of Mobile— 1st mtge k 4s 1957 gu.. 80 108% 100% 94% 1.00 77% '54-J&J 1st M 6s 1958 series A Gulf Mobile & Northern— 1st 5%s 1950 ser B 1st 5s 1950 series C 75 3.00% 1.50 95 Greenbr Ry 1st g gu 4s '40-M&N Green Bay & Western— ..J&J 50% 86% 2.10 1.60% 87 85% 66 69 Harlem R & Portch—See N Y N H & Ha rtford Harris Ports Mt Joy & Lane RR Ext 4s 1943 -J&J 109 Hoboken Ferry 5s 1946 49 M&N 51 Hocking Valley 4%s 1999 J&J Holidaysburg 3edford & Cumb— 1st M g 4s 1951 guar J&J Holyoke & West 4%s 1951—A&O / Housatonic con 5s 1937 M&N / Hudson & Manhattan— 1st gold 5s 1957 opt F&A Adj inc up to 5% Feb '57-A&O 1st M 4%s 1957 conv..—F&A Broad Top Mt RR & Coal extend 6s 1940 A&O / Extended 5s 1940...A&O f 121% 122% 98% 99% 18 53% 60% 47 48 13 13% 49 51 Huntington & Illinois Central— 1st gold 4s 1951—— 1st gold 3%s 1951 J&J 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 c "" 96% 104% 95% 78% 1.00% Western Fruit Express— 1955 opt 1918—M&N Pur liens 1st g 3%s 1952—J&J 98 b Basis, _ 109 2.r 2.00% . Secured notes 3s 1941-1945-J&J Equip tr 2%s 1940-1946—J&D 20% 17% 18% 10% 10% 10% 2% 104 Cen tral an 73 W Va Midland Ext 5s 9% 8% 1st 5s Mar 1 80 104 107 Gen M 5%s 1952 ser B; Gen M 5s 1973 ser C. Gen 4%s 1976 series D 18 17% 17% Denver & Rio Grande Western— 26 V 49 gu—J&J 5s 1947 Great Northern— __ Delaware River Term— 4s 1936 4%s 1936 44% 49 4%s 1977 series E J&« Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H 1946—..J&J Gen mtge 3%s ser 1 1967--J&J Eq tr 2s 1941-1947 M&S 55% b 43% 30% Gen 99% 46" 45 102 96 104 Grays Pt Term 110 , 3% 3% 1st g gu 4s $ July 1 1950—J&J Eq tr 5s Dec 14 1940 *43 (yr).. 28% 88% 1946—--—J&D 32% Imp & equip 5s 1960 M&N 35% 16 Danbury & Norw ref 4s 1955.J&J b Dayton Union Ry 1st 4s '49-J&J 100 22 102 Gen 4s 1962 Can Govt Grand Trunk Western— 45 J&J / 14% 102% 69% 16% 14% 114 J&J J&J Grand River Valley—See Michlg Grand Trunk Pacific— IstM 3s 1962 J&J (Mountain and Pra!rie)4s 1955 1st & ref g 4%s '61 opt 118 hiH 3% (Lake Superior) 4s 1955 63" 60 J&J / A&O - M&N Gouvernour & Oswegatchle— 1st 5s 1942 J&D 114 85 2% 2% 68* 1947 J&J Ga Sou & Fla 1st g 5s 1945—J&J Deb 5s 1952 A&O Goshen & Deckert'n 1st 5%s 1978 2nd ext 6s 1979 M&N 110% H) deb 4s '54-J&J / 1 J&J J&J 1st 4s Feb 15 '42 Alb gu-M&N 20 27% 100% 2% 2% 2% Certificates of deposit.. Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D Fort St Un Dep Det 4%s '41.J&J Grand Rapids & Indiana— 1st 4%s 1941 1st 3%s 1941. 6s extended to 1st / Proof of claim filed 4s Jan 1 84 .-J&J f Cuban Nor Rys 1st 5%s, '42 J&D Cuba RR 1st g 5s 1952 J&J 7%s extended to 1946.....J&D con g opt—M&N Certificates of deposit Georgia Fla & Ala 1st 6s *52.F&A Georgia Midland 1st g 3s '46-A&0 Ga RR & Bkg ref 6s 1951—A&O 58 4s 1940—F&A Oolumb & Hock Val 4s 1948-A&O Colum & Toledo 4s 1955 F&A Concord & Claremont 5s '44.J&J Connecticut & Pasaumpslc Rivers 1st gold 4s 1943 A&O Conn River gold 4s 1943 M&S| Connecting Ry (Phlla)— 1st M gu 4s Mar 15 '51-M&S 15 1st 5s 1951 M&S 17 25 4%s 1982 con 1st M 6s 1946 series A 79"" 2.10 Equip tr 2%s ser A '41-'52-M&8 b Coal Riv Ry 1st 4s gu 1945-J&D 108% 78 Georgia & Florida RR— 109 75% 67% 6% 4.00% 15 69 109 76 5.00 77 12% 102% 104% 1st s f 5%b 1972 series A—A&O IstMsi os 1973 series B—A&O 1st ■ f 4%s 1977 series O—A&O Clinchfleld RR— 1st 1st 54 6 20% Denver & Rio Grande— 6% 1% ref 4%s '52 55 6% Fonda Johnstown & Gloversv— Gen ref gold 4s 1950 .J&J cons 63 53 H (s-a) M&S Florida Southern gu 4s 1945.J&J Florida West Sh 5s 1934 —J&J 1st 1.75< 2.( 40 Florida East Coast 4%s '59.J&D 1st & ref 5s 1974 M&S Certificates of deposit.. Ga & Ala Term 1st g 5a 1948. J&D Cleveland Union Terminals— See Reading 3% Florida Central & Peninsula— 1st cons 5s gold 1943 J&J Georgia Carolina & Nor— Ext at 6% to July 1 1934 Delaware & Hudson— 106% 23 79 105% 1955 23 47% 108 Valley— 1995 M&N 95*1 62** 27** 24; 24] 24] 153 153 61% 50 105% gtd 1942.-A&O 3%8 gen gtd 1942..A&O Ser C 3%b gen gtd 1948 M&N Ser D 3%s gen gtd 1950._F&A Gen & ref 4%s 1977 ser A-F&A Gen & ref 4%s 1981 ser B—J&J Cleve Short Line4%s 1961--A&O 59 85 imp M 5s 1967 1957 Ga & Ala 5s Oct 1945- 66 76% 49% 46% 64% 100% 99% Ser B 4%s gen Deb 4s 1956 guar Cuba Co extend 3s 1955 56 A&O / A&O / Genesee River 6s J&D 109% M&N / 15"" Ref & impt M 5s 1975 A&O / 14% Eq 4%s 1941 LL (s-a)..._M&9 6 2.50 Eq tr 4%s 1940-'43 (s-aJ—M&S * 2 75 Erie & Jersey s f 6s 1955 J&J 62 Erie & Pgh g 3 %s B 1940 J&J 100% 3 %8 series C 1 1940 J&J 100% 1.40% 101 White W V Div 1st 4s *40--J&J Cleveland & Pittsburgh Ser A 4%s gen gtd 1942 J&J Deb 4s 1953 101 Called, immediate payment. % 87% 86% 86% —— .... .... 40 45% 46% 47 48 4°( < 1.20% f,H ... Proof of claim filed 108% Imp 4%s ser E 1977-J&J C W & M Div 1st 4s g '91 J&J St L Div 1st col tr g 4s '90 M&N Spr & Col Div 4s 1st g "40-M&S Consol Rys (N Deb 4s 1955 B Amended Col & Pt Deposit 24 Ref & 97 16% 16% 31 b 16 20% 3.00 101 1st mtge 3%s ser E 1969--F&A Cl'field & Mah 1st gtd 5s *43. J&J Cleveland Akron & Columbus— Equip trust 4s Apr 1 1940-'49- b 6 6 b 1 107 Eq 4%s 1941 A&O Called July 1 at 105. t Called Apr. 17 at 100. >• t Called June 1 at 110. k Last sale, n Nominal, r Payable in Canadian funds. 1 44 Coeur d'Alene& Pend Oreille Ry— 5s 1960 —J&J / Colo & Southern 4%s 1980.M&N 1.00% 16% 105% %s g 1987 M&N / 4s 1987 M&N / Strand 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 inctaxM&N / 15-year 6%s Mar 1936—M&S/ 1st & ref 5s May 2037 J&D / 1st & ref 4%s May 2037—J&D / 1st & ref 4 %a May 2037 O J&D / Conv g 4 %s 1949 ser A... M&N / Equipment trusts— 4%s series U 1940-43—M&N 6 4%s series V 1940-44—F&A b 4%s series W 1940-44—M&S b 4%sseries X 1941 F&A b 2%a Dec 15 1940-1949 b interest, 13% 90 Cin Northern RR 1st 4s 1951.J&J Cincinnati Union Terminal Co 1st 4s gold guar 14% Chic Milw St Paul & Pac RR— gold 13 62 Cleveland Terminal & 65 Chicago Lake Shore & Eastern— 1st M 4Xa 1969 opt 1919.J&D Chic Memp & Gulf 5s 1940-.J&J Chic Milw & Gary 1st 5s *48. A&O Gen M 3 Choctaw Oklahoma & Gulf— Consol gold 5s 1952 M&N / Cincinnati Hamilton & Dayton Del & Bound Br Chic June RR 1st 4s 1945—M&S Series 94% 94% 1.70 1996.„«*. J&J / 1996.!... J&J / gold 4s 1953 ser A.-A&O / Series D 1953 Ser B Monon Coal— / 52% 94% 94% l66% ...A&O 1965 104 e Erie prior lien g 4s Gen lien gold 4s. 104 — _ Non-cuminc 5s 1955(W-e).— Chic Indianapolis & St Louis— Short Line 1st 4s 1953-... A&O 50 Ref & 106 % 106 % Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J Chicago Indianap & Louisville— Ref M g 6s 1947 series A J&J Ref M g 5s 1947 series B—J&J Ref M g 4s 1947 series C—-J&J 1st & gen 5s 1966 series A.M&N 1st & gen 6s May 66 ser B.J&J , Equip tr ser E 1940-1944-A&O & 5s stamped Chicago & Western Indiana— Consol gold guar 4s 1952. _J&J 1st & ref M 4%s D 1962—M&S Choc & Memph 5s 1949 J&J guar g 103 r A&O 1st & ref 5s 1965 109% 106% 100% cons 2862 95 106% El Paso & R I 1st gu 5s 1951-J&J El Paso & Southwestern RR— 59 108% 105% 99% 1st M 3 %s ser D 1971 5s Income 1st mtge 3 %s ser E 1963 J&J Guaranteed 3%s 1951 M&S 1st mtge 3%s ser F 1963—J&J 1st 104% 1.00 . 55 3.00% Conv General 4s gold 1993 Gen M 5s ser B 1993 105 & & . 67 __A&O J&J 1944— 95 93% 3%s ser A 1970._M&S Eq tr 2%s Dec 1 1940-49Elmira & Williamsport— 1st 6s 1910 ext at 4% 1950. J&J 80% Clev Cine Chic & St Louis— 103 Craig Valley 1st 5s g 1940-J&J 100 Paint Creek Br 4s 1945—F& A 110 Potts Creek 4s 1946 J&J 110 R & A Div 1st con g 4s '89-J&J 117 2d con g 4s 1989 —-J&J 109 Warm Spr Val 1st 5s g 41.M&S 103 X Ohesterf & Lancaster 5b '55--F&A 2X Chicago & Alton RR— Refunding g 3s 1949 A&O f 141^ Chicago Burlington & Quincy— Gen M 4s 1958 —M&S 91% 1st & ref 4%sser B 1977--F&A 82 1st & ref g 5s 1971 ser A..F&A 88% Illinois Dlv 3ha *49 op *29-J&J 96% 4s July 1 1949 J&J 100% Eq tr 2%s 1940-1947 A&O b 1.65 Chicago & Eastern 111 (new co)— Gen M 5s May 1951 M&N / 15% Certificates of deposit. / 15% 5s income w i 1997 / 20 Chicago & Eastern Illinois— 1st consol 6s gold 1934—A&O 119 Chicago & Erie 5s 1st g '82..M&N 97 Gen M 4s Eq trust 2%s 1940-52 125 101% M&S 74 60 Ask 103 1st mtge 44 1st 4s 1948 F&A Cinn New Orl & Tex Pacific Ry— .... 1945-1949 2%s 2s 1941-1947 2.30% Cinn & Muskingum Valley— J&D 3s 1940-1946 2 2.70 Chic Terre Haute & Southeast— 1st & ref g 58 Dec 1 '60 opt J&D Inc mtge 5s Dec 1 1960 M&S 4.00 99 X 26' 123 X 99 X 99% 105% 100% J&J J&J —J&J 7% Eq tr 4%s 1940-1944 A&O b 4.00 Chicago South Sh & So Bend— Sink fund 3s ser B 1963—J&J 85 Cincinnati Lebanon & Northern 1st consol gtd 4s 1942 M&N 107 18 6 General 5s gold 1942 J&D Cin Ind & West 1st 5s 1965-M&N , Eq tr 5s Dec 14 1940-1944 (yr). b Charleston & Western Carolina— 1st 5s 1946 ————A&O Chatt Rome & Sou 1st 5s 47 J&J 16% 16% 7% 6% 7% 6% 7 - 86 , 16% 11% ... Guar Bid 1st 4s 1958 M&S East Tenn & Western N C— 1st stamped 5s 1965 M&N East Tenn Va & Georgia— Consol 1st g 58 1956 M&N Eastern Ry of Minnesota— Nor Div 1st g 4s 1948 A&O Edmonton Dun vegan & British Columbia Ry 4%s 1944—A&O Elgin Jol & East 5s 1941 ..M&N East Penn / Sec 4 %8 1952 ser A M&S / Sec 4 % ser A certlf of dep. 30-yr conv 4%s I960 M&N Trustee ctfs 3 %s 1947 Equip tr 2%s 1940-1950--F&A 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 Chic St Paul Minn & Omaha— 1st M 4s series D 1963 Eq tr 4%s 1940-*41 (yr)—F&A Central Pacific— ■ ■ «. . 1st ref 4s g guar 1949——F&A 1st g guar 4s Oct Guar g 5s 1960 deposit Bonds Ask Chicago union Station— 8 50% Central of New Jersey— Gen M (now 1st) g Gen M 4s 1987 Bid Chicago Rock Island & Pac Ry— General gold 4s 1988 J&J / Certificates of deposit / Ref g 48 1934 opt to 1911— A&O/ Certificates of 103 g Bonds Ask 41% / This price includes accrued 69 RAILROAD BONDS MAY, 1940] "and interest" except where marked "t" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date f Issue NOTICE-—All bond pricoa arc Bid Bonds Illinois Central—(Concluded) Collateral trust 4s 1953 M&N 52 42 M M&N 40-year 4%s Aug 1 1966-F&A Carlo Bridge 4s g 1950--J&D Lltch Div 1st g 3s 1951. ..J&J Louis v Div 3%a g 1953 J&J Omaha Div 1st 3s g 1951--F&A St Louis Div g 3s 1951---.J&J Gold 3Ms 1951 J&J Sp'field Div ext 3%a 1951 J&J Western lines g 4s 1951—F&A H 65 64 59 M 50 60 75 55 2.25 2.60 1.25 1.50 1.60 1.60 1.80 1.90 F&A 46 M 44% Eq tr 24s 1940-54 59% 61% lllOent RE Co & Chic St L & N O RR Jt 5s, A. 1963—J&D 4H» series O,1963 -J&D Indiana Bloomington & Western— 1st ext 4s 1940 A&O 0.75 1.00 1.10 1.10 1.50 1.50 !1K 14 M 1% 10% 10% 1.00% 1.50% franc bonds (Foreign series) 1960 Mil Sparta & NW 1st 4s Certificates of deposit.. 85 86"" 35 33 H 76 36 27 II * >/ Certificates of deposit. i / f f 35 1st cons gold 4s b 1.25 b 1 75 107 % 98% cons 1st 108 M 97% 106% 1st 65% 65% 0.75% 1.25% 65% cons 2d M gold 4a guar 1st ref 6s 1946 series A— 1st ref 54s 1978 ser B 64 14 24 4 284 664 | 80 534 15 83 M 92 % 83 90 Lake Erie & western RR— 71M 74 90 94 85 87 % Lake 8bore & Mich South78 43 Lehigh & New England— cons — Deb 4s 1942 tax-exempt—J&J L S coll tr g 3 Ms 1998 F&A 14 6 o 6 54 64 26 28 2 584 59 14 Spuyten Duyvil & Pt Morris— 3 Ma 1959— —J&D N Y Cent equip trusts— 4 Hs 1940-1945 M&N 2 Ms Mar 15 1941-1952 New York Chicago & St Louis— 1st 3%a extend 1947 A&O Ref 5 He 1974 ser A A&O Ref 4%a 1978 ser O M&S 10-yr 6s coll tr 4s 1946 F&A 3-yr 6s ext'd notes 1941---A&O Equ pment trusts— 2 Ms 1941-1947 M&S 3s 1940-1951- 73 RR.lstfis 1959.-J&.i/ 714 72H Equip trust 2 4s 1940-1949F&A 6 3.00 2.00% 75 io Kans & Okla 5s 1942—1" Missouri-Kansas-Texas RR— Prior lien 5s 1962 ser A.... J&J Prior lien 4s 1962 ser B J&J Prior lien 44s 1978 ser D.J&J _ Adj M 5s Jan 1967 ser A—A&O / Eq.tr 2 4s 1941-1952 F&A o fissouri Kan & Texas Ry Co— 1st gold 4s 1990 -J&D lo Pacific RR (new company)— 1st & ref 5s Jan 1965 A. F&A / Certificates of deposit. / 1st & ref 5s 1977 ser F—.M&S/ Certificates of deposit / 1st A ret 5s 1978 ser G—M&N / Certificates of deposit / 1st & ref 5s 1980 ser H A&O / Certificates of deposit / 1st & ref 5s 1981 ser I F&A / Certificates of deposit. / Convg 54s 1949 ser A—.MAN / Secured 54s 1940-1956— J&D/ Eq tr 4 4s *40-*44 P 'vr)._M&V 6 Equip tr 24s 1940-1949—F&A b lo Pac (old)—Gen 4s 1975 M&S / 3d ext 4s July 11938 M&N / 86 1st mtge 5s 1954. 1.75 89% 1.00% 40 M 6 42 Lehigh valley— 1st gold 4s 1948. 63 62% it* 52 4s assented 2003. 14 16 a* / 13% 15 M 13% imi 16 assented 1941. Lehigh ANY 1st' 5s 19 49 45 Lehigh Valley Ry of New York¬ ist 4 4s gold 1940 J&< 448 assented 1940 14% 38 38 f 50 50 45 34% 115 Iobile & Birmingham— Prior lien 5s. 1945 40 M 35M - 116 Lincoln Park & Charlotte— 5s 1939. Litchf & Madls 1st 5s 1959.M&N 60 ... 101 104 — — - / / 12 67 M g 4s. 1949 1 Refunding mtge 4s 1949—M&S 4s stamped 1949 M&S Equip tr 4 4s 1941-45 (yr)_F&A » Louisiana & Ark 5s A 1969 J&J Equip trust 3 %a to 1946—A&O 92 93 % Eq tr 4s 1941-1943 M&S Eq 44s 1941-1942 (yr)--J&J15 Montgom Div g 5s 1947—F&A Certificates of deposit 15 94 H 3d mtge 4 Ms 1938 M&S New York & Greenwood Lake— Guar g 5s 1946 —M&N N Y & Har 1st g 3 Ms 2000—M&N 3.50 154 144 144 54 2.75% 274 274 1st & ref 4s ser A 1973...M&N 1st & ref 4 Hs 1973 ser B—M&N New York & Long Branch— 144 134 134 54 fti 194 20 194 194 20 19 19 194 General gold 4s 1941 M&S General 1st 5s 1941— M&S NY & NE Bos Ter 4s 1939-A&O N Y New Haven A HartfordDeb 6s Jan 15 '48 conv..J&J15 Deb 4s May 1 1957 M&N Jg* Deb Deb Deb Deb Deb Deb 14 194 "14 2*25 1.75*4 2.50 24 75 4s July 1 '55 non-conv 3 Ms March 1947 M&S 3. >%a 1954 non-conv.-A&O 3 Ms 1056 conv ...J&J _ 15-year secured 6s 1940—-A&O 1st & ref 4Hs 1967——J&D Equipment trusts— 2 Ms 1941-50 —F&A 2,00% 24 3s 1940-1951-.. 75 65 68 61 65 J&J 4s 1956 non-conv—M&N 4s 1947 non-conv—.M&S 1st guar g 4s 1991Consol gold 34s 2002 95 M&S M&S 1.60% [onongahela Ry Co— 1st mtge 48 ser A 1960—M&N [onongahela Sou 5s 1955—-A&O Gen 6s 1955 A&O [ontana Wyoming & Southern— 1st mtge gold 5s 1939——M&S 112 111H 934 314 314 384 384 2.50 b / 2.25 21 — 324 33 1 b Basis, .M&N B.M&N 36% 35% 2.50| 111H 90 56 % 1064 45 107 57 M 11% 59% 95 1.75 2.10 86 65 M 56 85 82% 2.25 2.75 2.85 106% 107% §tH 75M 13% !§* I* 76 79 20% J* 19 18 118 20% 2.50 2.75 41 New York Ontario & Western— Ref 1st g 4s June 1992-..-M&S Gen M g 4s 1955 red J&D 3 „ — Prior lien ext 4 1950—M&S / New York Phila &; NorfolkStock trust ctfs 4s 1948 J&D N Y Prov & Bos 4s 1942 A&O 2.25 70 5% 120 42 94 42% 37% 324 434 384 324 91K 99 % 85% 43% N Y & Putnam 1st 4s g 1993. A&O Y Short Line 4s 1957—F&A N Y & Stamford 4s 1958.. M&N 101 New York Susq A Western— 1st refunding 5s 1937—-J&J 2d mtge 4 %a 1937— F&A 27 Gen mtge. 5s g 1940 F&A Term 1st g 5s 1943 M&N N Y Westchester & Boston Ry— 1st M g 4Hs 1946 guar...J&J 119 f Price Includes accrued interest, 80 2.25 40 2.00% 1.75% 224 234 53 42 52% 394 New York Pennsylvania A Ohio— 90 49 Constr'n 5s 1955 ser A Constr'n 44s 1955 ser 37" 35 .M&S — . lonon Coal—See Chic Ind & Lou Louisville Henderson & St Louis— 67% 25% 4 Hs 9-15-40to 3-15-45 M&S 15 4Hs 1940-1946 J&J Har Rlv & Pt Ches 4s *54 M&N N Y A N J Ferry 5« 1946 .J&J N 1.50% I Secured interest at exchange rate of 4.8665. N Y & Hob Fy 5s May 1946-J&D New York Lack & Western— 19 93% 85 lion \lH \VA b f J&J 4s 1940-1949. M&S New York Connecting RR— 1st M 4 Ms 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 80 —J&J 5s small 1945 —J&J Gen M g 4s 1945——— J&J 4s small 1945 J&J Iobile A OhioGen gold 4s. 1938 M&S. Ref & impt 44s 1977—M&S (/ Certificates of deposit 1/ Secured 5s 1938 M&S 1/ Certificates of deposit '/ !!* M O coll tr g 3%b 1998—F&A 70 54 A&O f 1946—A&O 3 Ms conv secured 1952—-M&N New York Central & Hud RlvRef g 3%s July 1 1997—J&J sec a 2 „ 110M Equip trust 4%a Newport & Cincinnati Bridge— 1st M g 4 Hs 1945 guar -J&J Newport & Richfor Is 5s 1941 7 82 4s 1951———J&J 73% 13% 33% 27% F&A 3 70 aIH RR 38 35"" 10-year 34s 1044 Mo-Illinois ■ „ 24 New York Central RR— 65 inn Transfer Ry 34s 1956. J VO issouri Illinois Bridge and """ 92 % 85 42 Certificates of deposit—-... 1st 5s 1956 series C F&A Certificates of deposit 40 Term RR- 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945. -M&S 104 65 Kansas Oklahoma & Gulf— 41% Ref & impt 5a 2013 C M&S 25-year 54s 1949-- „% 71 1st M 4%a 1956 series D Certificates of deposit 73 J&J J&J / Cons mtge 4s 1998 ser A—F&A Ref & impt 44s 2013 A—A&O 244 144 J&J 1949—-J&J / Certificates of deposit 1st 5s 1954 series B A&O Certificates of deposit 1st M 5%b 1954 series A—A&O 50 J&J J&J 1938 gold 5s 1938 5s 1938 gu lnt . _ 96 Minn St P & Sault Ste Marie— 70 64 M / / f / New Orl Term 1st 4s 1953 J&J New Orleans Texas & Mexico— Non-cum lnc 5s *35 ser A A&O 34 1st 7s ext at 6% 1932 J&D Certificates of deposit Minneapolis Northfield & Southern Ry 1st 6s '41.-M&S Kan City Ft Scott & Memphis- Unified 4 58 . 4 J&J 50-year 1st 5s 1983 Mil&State Line 1st 34s 1941. J&J 2.85% 14 Income deb 5s 2032 J&J New Orl & Nor East 6s 1915 Extended at 5% 1940 M&N Ref & Impt 4Mb 52 ser A... J&J 45 Minneapolis & St Louis— 5s ctfis of deposit 1934-—M&N 1st refdg gold 4s 1949—-M&S Ref A ext 5s Feb '62 ser A.Q-F „ / General 5s Jan 1 1938.— / 100 New Lon Nor 1st 4s 1940 J&J New Orleans Great Northern— 68 1947M&S 54 53% 105 60.40 to 1950-1A&O 49"* New Haven & Northampton— Ref cons 4s 1956 J&D N J June 1st 4s gu 1986 ..F&A N J & N Y 1st ext 5s 1950—M&S 59 A&O 107 Long Dock cons 34s Long Island— 20 68 1st ext 44s 1939------—J&D Con ext 4 48 1939 J&D Joplin Union Depot Co— - 884 4 A&O % 4 / roupon" "off I11951 / scrip receipt No 4 on —.—.1951 Naugatuck 1st. 4s 1954 —M&N New Eng cons 4s 1945 gu—J& J Consol g 58 July 1 1945 J&J Milwaukee & Northern— Joliet & Nor Ind—See Mi< 5s assented 2003 80 84 ■ - / - __ f / Assent cash warrant and 86 -J&D / 5% to 1940--- ext at 2 — April 1914 115 Adj M Apr 1 *53 ser A.—Sept Adj 5s soles B 1953 Sept- 1944 Prior lien 4 %b assent cash warr't & scrip ret No 4 on '26 1st con 4s(Apr 1914 coupon on) 81 314 1st 4s 1957——— J&J Middlesex Val 1st 5s 1942—M&N Midland Valley Be 1943 Jamestown frank & Cleai 1st g 4s 1959 guar scrip receipt No 6 on 1977 National RR of Mexico— Midi RR 4% 6H 1% 106 Indiana 79 1.75% 934 1 1,, % 1957. / coupon off 1977— Assent cash warrant and April 1914 Midland of New Jersey— / scrip receipt No 4 on Gtd gen s f 4s (Apr '14 coup on) 81 Joliet & Northern Indiana— 98 % 1957-—- / Assent cash warrant and 104% 65 2.25 a* 2.30 , 884 46 674 July 1914 coupon on 1957— July 1914 coupon off 1957—. / 67 76 — t 6 44s— Jan 1914 coupon on 1.75% 1034 1064 _ 84 93 % lien 534 1st 4s 1959—— M&S Jackson Lansing & Saginaw 1st 34s Sept 1 1951—M&S 105 % 104 Kentucky & Prior 83 1074 804 4s Sept 1914 coupon on 1977 4sSept 1914 coupon off... 1977 4s Asst(cash warr & coup).1977 Michigan Central— Ref & impt 4 4s 1979 ser O. J&J 1st gold 34s 1952 —M&N Grand River Valley— U St L— F&A Eq tr 24s 1941 1952 -M&S National Rys of Mexico— 93 86 1951 1st g gu 5s Nov 1 1959—M&N Meridian Term 4s *55 guar.M&N Mexican International— 107 Nashville Chattanooga A 1st M 4s 1978 ser A 8p4 M&N Manitowoc Green Bay & Western 1st gtd 3Ms 1941 -J&J Maryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963 A&O M'shfield & S'east—See Wis Cent Memphis Union Station Co— 63 Bid Bonds Ask 65 .... Jackson Lansing & SaginawBee Michigan Central Jacksonville Terminal— Kan City Sou 1st g 3s 1950-- £i Ref & Impt 5s Apr 1 1950.-J Eq tr 3s F Jan 1 1941 1943 3s 119 It-1946 -J Kansas City Terminal Ry— 106 Manila RR Sou Lines— 1st4sextend 1959 & . 1st 5s June 1 774 Equiptment trust 5s to 1944 104 108 60 H 4s 1950 J&J Indianapolis & Louisville— 1st guar 4s 1956 J&J f 13 % Ihdian&polis Union— Ref & imp M 3 Hs ser B *86 M&S 105% Internat-Great North Ry— 9% 1st M g 6s 1952 series A—-J&J Ad J M Gs July 1952 ser A.April 1H 1st M 5s 1956 series B J&J 9% 9H 1st M 5s 1956 ser C J&J Equipment- trusts— 1.50 4Mb ser A 1940.. J&D 2.50 4Hs series B 1940-1942. A&O Internat Rys (Central America)— Purch money 5s 1972— 82 J&J 1st M 5s 1972 opt 92% -M&N 1st 1 & ref 6 Ms 1947 -F&A Debenture 4s 1961 J&D Iowa Central 5s ctfs 1938--J&D 5% 1st & ref g 4s 1951 —M&S 1% 1034 1054 1064 1044 794 1114 Conv gen 44s ser A 1960.J&D Secured 6s 1959 1st ser—J&J 6s 2nd series 1959. J&J 48 44 % 1st gold 2.20 .... 1st 5s 1947 J&J Macon Terminal 5s 1965.---J&J Maine Central— 1st mtge & coll 4s ser A '45 J&D 100% Genl mtge 4s 1957—-.——J&J Gen mtge 4H® 1937 -J&J Indiana Illinois & Iowa— 854 824 collateral 4s, 1952 J&J L & N Term 1st g 4s '52 gu J&D Macon Dublin & Savannah— 1.75% 2.00% / 93 Pad & Mem Div 1st 4s '46-F&A St Louis Div 2d 3s 1980--M&S Mob & Mont 44s 1945--M&S Southern Ry joint Monon 70"" . 1014 Coll trust 34s 1950 J&J Coll trust 48 1960 J&J Atl K & Cln Div 4s 1955--M&N Indiana Harbor Belt RR— Jacksonville Gainesville Gulf Ry 1st 5s 1951 A&O 1st & ref 44s 2003 ser O—A&O 1st & ref 4s ser D 2003—A&O 1st & ref 34s ser R 2003-.A&0 77% Eaulpment trusts— 2Mb ser T 1940-1949—M&S 3s ser R, 1910-1952 M&S 4Hs ser L, 1940 —A&O Isser M, 1940-1941—M&N js ser N. 1940-1941—A&O is ser O. 1940-1942-— J&J is ser P, 1944 A&O _4s ser Q, 1940-1944 43 Louisville & Nashville— 1st & ref 5s 2003 ser B 45 % 53 % 45 % Ref mtge 6a 1955 Bid Bonds Ask 40 10% 10% 54 5% Norfolk & Car 2nd 5s 1946—J&J 104% Norfolk Southern— 1st & ref g 58 '61 opt '15—F&A 16% Certificates of deposit--- — 77 Norf & South 1st 5s 1941.M&N, 1st gen g 58 1954 opt J&J / 32 106H Norfolk Term 1st gu 4s '61-M&N. k Last sale, 1 n Nominal r Payable In Canadian fundi. RAILROAD 70 BONDS NOTICE—All bond prices are **and Interest" except where marked "I** and Income and defaulted bonds Quotation* for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid Norf Term & Transp 6s '48-F&A Norfork & Western Ry— 119 1st con 4s 1996 ------A&O Narrist'n & Maine 1st 4s 62 M&S Nor Cent 5s 1974 ser A-—-M&S Gen & ref g 4 Ms ser A 74.M&S Northern Ohio Ry— 125 114 108M 64 60 M 41 40 Certificates of deposit Northern Pacific— Prior lien g 4s Jan 1997 Q&J Gen lien g 3s Jan 2047-—Q&F Ref & imp 4 Ms 2047 ser A. J&J Ref & Imp 6s 2047 ser B—J&J Ref & imp 5s 2047 ser O—J&J Ref & Imp 5s 2047 ser D—J&J Eqtr4s 1940-1949 Eq tr 2M» 1941-1947 M&S M 48 % 57 Vs 50% 52 3.75 1.80 1.75 Eqtr 2 Ms 1940-1946-----J&J gen 4M® 2000-J&J North Pennsylvania RR— Gen g 3 3-10s 1953-------J&D N'western Term Co 5s 1948-P&A N'western Term RR 5s Apr 1977Norwlch & Worcester 4 M® '47M&S Ogdensburg & Lake Champlain— 1st guar g 4s 1948----—-J&J Ohio Connecting 4s 1943—M&S Ohio & Little Kanawha 5s '50 M&S / 79 99 101 75 79 52 M 3.00% 1.30% 1.25% 82 5% 108% 6M 50 4M 4M 4M 4M 111% 117 118 5M 5M 5M 5M 111M 117M 118M Potomac Val 1st gu 5s g 1941-J&J 102 Prov Sec deb 4s 1957 gu M&N / 3M ProvTer 1st g 4s Delaware River Terminal— 1st 5s 1942 M&N Rensselaer & Sara 6s 1941 --M&N Rich 80 12 104M 106 101% 104% 106 % 102% 105 m 107M 63 55" 57 51" 52 M 62 48M 50 M 61 100M 98 % 101 109 114M 114M 119% 103% 109% 98 M 98 48 series E 1911-1949 J&J b 2 Ms series G 1940-1950-J&D o 2 Ms series H 1940-1952 M&N b 2.25 91M 87 M 99M 1.00 1.80 1.80 Oct 1 1940-1954..A&O 5 2.00 East cons 4s 1940--A&O/ Certificates of_ deposit / 63 M 114M .. Phila & Bait Cent 4s 1951.-M&N Phila Bait & Washington— 101 1st gold 4s 1943 M&N Gen 4s April 1 1960 ...A&O Gen 5s 1974 series B F&A Gen M 4 Ms 1977 ser C__ J&J Gen 4Mb series D 19«1 J&D Phila & Chester Val 4s 1948.A&O Phila Newton & N Y 3s 1942 A&O 7% 6M F&A 1953 J&D 4s series G 1957 4s series H 1960 M&N F&A F 4Ms series I 1963 J 1964 F&A M&N 4 Ms series 95 97 M ill" 117 M 117M 107M B ..A&O 107 108 100 100M b Basis. 1943--J&J 98% 116 120 88 92 17 63 101% 73 64 % 102% 73 % 109% 125 11M 13 % 12 1M "i% 4% 4M 4% 6% 5% 3% 5% 5% 4M 6s 1945 ser A—M&S deposit 66 67 13 14% Seaboard-All Florida Ry— 68 ser A ctfs of deposit--.. 2% 20 Seacoast RR prior lien 5s '48. A&O Shamokin Sun bury & Lewisb'g— 2d ext'd 5s 1945. J&J 5s 1963 27 2M 2% 30 94 1st M 4s July 2 1950 J&J South Bound RR 1st 5s 1941 A&O / South & North Alabama— Gen cons gu g 2 5% 74 Shrev Bdg & Ter 5s '55 gu—F&A Sioux City & Pac 3 Ms 1936--F&A / Somerset Ry 1st & ref 4s *55--J&J A&O 97 65 75 49M 46 48" 70 75 18M 20 119 101M k Last sale. n Nominal, r 79" 69 M 70 M 75 20 M 21M 21M 22 M 9 6 25" 92 7M 43 41 91 36" 32 10 75" 115 116M 110M 99 M 111 108 90 M 107 % Gen & ref 5s 1980 91 98 1st gold 5s 2000 J&D 2d 58 Dec 1 2000 Ann Mar Gen & ref 5s 1977 ser B_—A&O Gen & ref 5s 1979 ser O-.A&O 92 107M 102 92 69 M 68M 68 M 68 H 69 M M&S A&O F&A 1.00 0.50% 1.50 M&N ser 69 1.50 1.00% 1.00% 1.00% 1.25% 1.60% D-..J&D Equipment trusts— 4Mb 4Mb 4%s ser ser ser 4s ser HH 1940 JJ 1940-42 A1941-43 B1940-43 4 Ms ser C 1940 44 J&D 2 Ms ser D1940-52 M&N Tex Pao-Mo Pac Term RR— 1st M g 5Mb 1964 M&8 Toledo Canada Southern & Det— 1st 4s 1956 J&J Toledo & Ohio Central— Ref & imp M 3 Ms ser A '60 J&D Toronto Hamilton & Buffalo— 1st gold 48 June 1 1946 J&D Consol M 4Mb 1966 ser A.F&A Transylvania RR 1st 5s 1956-J&J Union Depot (Columbus, Ohio)— Gen 4Mb 1946 J&J Union Pacific— 1st ry & land gr 4s « 1947--J&J 1st & ref 4s June 2008 M&S 1st & ref 5s June 2 2008-.M&S 1.50 1.75 2.10 85 92 83 86 85 % 65 86 98 M 99 M 67 % 68 M 109M 108M 70 105M 65 48 104 M 114M 108% 35-year 3Ms debs 1971--M&N 34-vear 3 Ms debs 1970 __A&0 Ref mtge 3 Ms ser A 1980. J&D Eq tr 2M8ser E l940-'52.-J&J Union RR (Penn) 1st 5s '46-M&8 115 Deb 6s 1946-—— M&S Union Terminal Co (Dallas)— 1st mtge 3 Ms 1967 F&A 102 98 M 102 M 1.75 117 United N J RR & Canal Co— 1st 4Mb Sept 1 1979 M&S M&8 M&S F&A M&S General gold 4s 1944 1st 4s Sept 1 1948 1st 4 Ms Feb 1 1973 Gen 1st g 3 Ms 1951 Vandalia RR 4s 1955 ser A—F&A M&N Series B 1957 ^era Cruz & Pacific RR— 1st mtg g 4Mb 1934 July 1914 war 119 110M 114 119 106 109 109 J&J off J&J scrip ret No. 6 on / Vermont Vail 1st 4 Ms 1940 A&O Vlcksburg Bridge Co— 1st s f 4~6s 1968 M&S 7icksburg Shreveport & Pacific— Cash M H % coupon & Pr lien 6s '15ext 5% Gen 5s May 1 1941 '40--M&N M&N -M&N ref & impt 5s 1973 V* & Southwest 58 20031st cons g 5s 1958.. J&J -.A&O 85 76 99 M 99M Payable in Canadian funds 1M 89 77 100 M 101 85 76 M 59 M Virginian Ry 3 Ms A 1966--M&S 108 Eq tr 4Ms 1940 (yr) 1.00 J&J b 114 /This price includes accrued interest. 1.60 80 M 0.75% 1.25% 1.20% 74 65" - 88 6s ser B ctfs of deposit / Seaboard & Roanoke 5s 1931-J&J / ser Cons 1st g 5s July 1 7% Atlanta-Birmingham Dlv— 1st g 4s May 1 1933 M&S / 107M 1975 15 14% 14% 12 % 12M 5% secured notes 1931 F&A Receiver ctfs 3-3 Ms '45—F&A Gen M 4Ms 1977 ser C-.-J&J Pitts Shawmut & Northern— 50 cons Certificates of 107 Pitts Shenango & Lake Erie— 1st gold 5s 1940--A&O 5 6M 98 -.A&O Adj mtge 5s Oct 1 1949 F&A Ref gold 4s 1959 opt A&O Certificates of deposit 8M J&D Shawmut 5s 1959—J&D 13 70 - 1.50 57 M 75 M 51 J&J 1st gold 4s April 1 1950 A&O Tol Term 1st 4%s '57 fju M&N Tol Walhoudlng Valley & Ohio— 1st g gu 4s 1942 ser O M&S Stamped 95 M A 6% receivers' ctfs 1929..-F&A H 13% Texas & New Orl 5s 1943 Texas & Pacific Ry— ~6% J&D Seaboard Air Line Ry Co— 1st gold 4s 1950 —A&O ~7% ser Pitts & 24 65 Scioto Val & N E 1st 4s 1989M&N Gen M 5s 1970 Gen M 5s 63 % 68 Terre Haute & Peor 5s 1942-M&S Texarkana & Fort Smith— 1st M 5 Ms 1950 guar F&A Texas City Term 6s 1941-J&J '26 1st mtge 48 ser B 1967 J&J Toledo St Louis & Western— 1st & 106% 108 M 110M 105M 108M 110M 109 % 117% 117M 64 79 % 2.70 Schuylkill & Leh 1st 4s '48-M&N Co. 1.25 90 70 1957 Term RR Assn (St Louis)— 1st consol gold 5s 1944 F&A Gen ref s f g 4s '53 opt '10. J&J Ref & impt M 3Ms B '74-J&J St Mary's Div 1st 4s 1951 F&A Toledo Peoria & Western RR— 108M 101»732 series 63 60 M 24 M&S 1.50% 108M Pitts Cin Chic & St Louis— Con g gu 4Mb ser A 1940-A&O 4s 6 San Antonio & Aransas Pass— 117M 3Ms series E 1949 1 st extend 3s 1948 Tenn Ala & Georgia 4s 2.25 — 60 Tavares & Gulf RR— 6% Equipment trusts— » 4Ms series K 1940-1945-J&J b 119 M 110 & Northern— A&O M&N 9 St Paul & Duluth— 1943 J&J Joaquin Val— 5s Oct 1 1940 A&O 15 ! 103 8% 37% 20 % 13% guar g 4s San Fran & San 74 M 80 A&O Berwick RR 5s 1952 11 36 M 10% 11 ljst 89 M 57 22 5s 1952 2.75 Salt Lake City Union Depot and RR 1st. 5s 1938. ..M&N / Salt Lake & Ogden 5s 1934 / 59 M J&J A&O con 2.75 .J&J 10 Susquehanna Bloomsburg & Southwestern— 1st & re.' 5s 1972- 0.50% 1.85 2.25 Sullivan Co RR 6s 1944 65 Pacific ext 1st 4s £ 1940...J&J St Paul Union Depot— 1.00 1.75 Suffolk & Car - 1st g 4s 1989 M&N'/ 2d g Inc 4s Nov 1989 J&J / 1st term & unif 5s 1952 J&J / Gen & ref 5s ser A 1990-—J&J / 60 2.15 0.60% 1.00% 1.25% 1.40% 1.75% 1.75% 1.50 1 33 70" F&A1/ 1.00 1 . 5% 62 St Paul East Gr Tr 4Mb *47—J&J / St Paul & Kansas City Short Llnei 43% 51M 37 40 4M» series DD 1940-45-A&O 6 4s 1968 ii* 45 M 43 M 50 M Stephenvllle Nor & Sou Texas— 1st M guar g 5s 1940 stmp J&J Sturgis Goshen & St Louis Ry— 1st 3s Dec 1 1989 J&D 105" 2.00% 2.00% 2.00% 66 M 57 M 83 J&J 5s 1955-J&J g F&A 6 4s series CO 1940-1943-M&N<b St Louis 48 45 43 M 43 M 105 45 128 Equipment trusts— 4Mb series BB 1941 52 44% 47 M Stark Elec RR 1st 7s 1952—-J&D Staten Isld Ry 4 Ms 1943 J&D 6 12M 12 1st guar 4M» 1941.. St Paul Minn & Manitoba— 103 M 95 1st 4s 1995 100 9 78 6M / 57 102" J&J J&J 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 4-0Ms '53-.J&J 7% Cons tn 4Ms 1978 ser A...M&S / Certificates of deposit stpd— / Certificates of deposit.. 69 50% Spartanburg Union & Columbia— 111% Mortgage 4s Dec 1 1996..J&D 1.00% 1.25% 1.25% % % 30 M 10% 13 12% 13 M 13 1st consol g 110 103% Aiken Branch 4s 1998 1st Mem Div g 5s 1996 69% 1.25% 84 St Louis-San Francisco Ry— Prior lien 4s 1950 series A. J&J / Certificates of deposit / Prior lien 5s 1950 series B.J&J / 109 M 114 3 Ms 1966..--.--J&D Pitts Bessemer & Lake Erie— Cons gold 5s 1947 J&J .M&N guar 1st g San Fran Term 1st 4s 1950--A&O Santa Fe Prescott & Phoenix— 1st g 5s 1942 M&S Phila & Reading RR—See "Readi ng Philippine Ry 1st 4s 1937 J&J / Certificates of deposit f 4s series D 1945 J&J / J&J / Riv & Gulf DIvs 4s 1933-M&N / Certificates of deposit / St L Peo & N W 5s 1948— J&J/ 91% 87 M 0.50% 1.75% 1.50% 1.50% 1.60% 68 M 1940 Alton Bridge 1st g 4s '51--J&J St Clair Term RR 5s 1950.-M&S St Johns & L Cham 5s 1944.M&S St Jos & Grand Island 4s *47-J&J St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 A&O St Louis Iron Mt & Sou— 99 M 98 M 110 4Mb series B 1942 4 Ms series C 1942 100 104M 4Ms 1934 M&S / Rock Is land-Frisco Term Ry— 1st M 4Mb 1957 .—J&J Rutl Can 1st g gu 4s 1949 J&J / 4s stamped 1949 J&J/ Rutland con 4Mb 1941 J& / 4Ms stamped 1941 J&J / St Clair Mad & St Louis Belt— 104 M 110 101 4s guar g J&J 103 68 % 67 Railway— 1st consol g 5s 1994 Develop & gen M g 4s '56-A&O Develop & gen 6s 1956 A&O Develop & gen 6 Ms 1956--A&O Equipment trusts— 4 Ms series AA 1940-41 -A&O 4s series BB 1941-1943-M&S 4Ms series CO 1940-44-.J&D 57 M Ask Stamped (Fed tax) 1955. J&J Southern Spok Internat 1st Rio Gr West 1st 4s 1939 J&J / 1st coll tr 4s 1949 opt A&O / Rock Island Ark & Louisiana— 61 _ 2dconsinc 4s 1990 7 Apr 1 f Peoria & Pekln Union Ry— 1st g 5Ms 1974 series A F&A 107 Peoria Ry Ter 4s 1937 gu op.J&J 53 Pere Marquette Ry— 1st g 5s July 1956 ser A—J&J 65 M 1st g 4s July 1956 ser B-.J&J 57 1st 4Mb 1980 ser O— M&R 59 M Equip tr 4Mb 1910-1945..M&N 1.60 Equip tr 2 Ms 1940-1947. _M&N 1.70 Equip trust 2 Ms 1910-46 ..J&J 1.75 Perkiomen RR ext 3 Ms 1951-J&J 84 Piedmont 100 M 97 42 1st 75" 74 102" St Louis Div 1st g 4s 1951-J&J Rich & Mecklenb'g 4s 1948.M&N Rich & Petersburg 4 Ms 1940 A&O Richmond Term 1st 5s 1952.J&J 1st 15 5M 100 89 M 2Ms 71 A&O 102M 28% 102 M Fredericksburg & Potomac— Cons mtge 4 Ms 1940 Rio Gr So 1st g 4s 1940- 74 88 65M Rich-Washington 4s 1943.—J&D 107 Kio Gr June 1st gu 5s 1939—J&D / 36 4Mb 1970 A&O M 3 Ms ser C 1970—A&O Oonv deb 3 M* 1952 A&O 30-yr secured 4s 1941-1964. J&J Equipment trusts— 4Mb series D 1940-1941 M&N 5 Peor & 1956.—M&S/ gu Raleigh & S'port Ry 5s '65—J&D / 10 M Reading Belt 1st 4s 1950—M&S 99M Reading Company— Jer Cent 4s 1951 opt'06-A&O 56 M Gen & ref 4 Ms 1997 ser A—J&J 68 M Gen & ref 4Mb 1997 ser B_ J&J 68 Eq 4Mb 1940-'45 (s-a)...M&N b 1.75 Philadelphia & Reading RR— Imp M ext g 4s 1947—-A&O 102 Extended 4Ms Oct 1 1943—. 103 Term 5s g gu May 1 *41 Q&F 103 107M Pennsylvania RR— M 4Mb 1981 ser D A&O M 4Mb ser E 1984...J&J Southern Pacific RR Co.— 1st ref g 4s 1955 opt 1910.-J&J 100 96 Cons mtge 4 Ms 1939 A&O Cons 1st extend 4Ms'49 A&O Cons mtge 4s 1939 .A&O Cons extend 4s 1949—A&O Pain Ohio & Detroit RR— Gen Gen Deb Gen 74 3.25% 2.50% 99 86 27" 24 Pa & N Y Canal con 5s 1939 A&O Cons 1st extend 5s 1949 A&O M&N M&N 4s stamped 1948 M&N Con M 4Mb gold I960—F&A Gen g 4Ms 1965— J&D Gen g 5s Dec 1 1968 ..J&D 71 51M 100 Paris-Orleans RR— Con M 4s gold 1943 Con M 4s gold 1948 Raleigh & Augusta Air Line— 1st 5s 1931 J&J/ Ral & Gaston 1st 5s g 1947—J&J / o Port Reading 1st gu 5s 1941-J&J Carondelet Branch 1977 ser A.-A&O series B 1981 92" 53 Portl (Me) Term gu 4s 1961-J&J Guar 5s 1961 J&J Portland & Rumford Falls— 5s 1951 1—M&N 30 Oregon-Washington RR & Nav— 1st & ref g gu 4s '61 opt--J&J 107 PacFruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938—F&A / 77 M 2d ext 5s gold 1938 J&J / 75 M 1st & ref 4 Ms 1st & ref 4 Ms 88 Eq tr 3Ms Apr 1 1940-1946 b 4.25 Eq tr 2 Ms 1940-1946 J&D b 3.50 Pitts Young & Ashtabula— 1st gen 4s series A 1948 J&D 106 M 1st M 5s 1962 series B F&A 110M 1st gen 5s 1974 series O—.J&D 98% 52% 42 M 50 M 58 M 52 Bid Prov & Wore 1st 4s 1947-— A&Ol Pitts & West Va Ry 4 Ms '58A J&D 1st M 4 Ms 1959 ser B A&O 1st M 4Mb 1960 ser C A&O J&D 6 6% franc bonds (foreign series) red to 1956 J&D Paterson Extension 5s 1950-J&D Paulista Ry 1st 7s '42serAM&S15 / Bonds 70 65 109M 50 % 50 % 50% 69 M 68 42 Ask Southern 111 & Mo Bridge Co— 1st Mg 4sl951 M&N South Indiana 1st g 4s 1951--F&A Southern Pacific Co— Coll tr 4s (CP) Aug 1 '49.. J&D 1st 4 Ms (Ore Lines) 1977-M&S 40-year 4M» 1968 ...M&S 50-year 4 Ms 1981 M&N 4 Ms 1969 with warr M&N 10-yr secured 3 Ms 1946 J&J Equipment trusts— 4%s series H 1940 J&D 4Ms series J 1940-1942—J&J 4%s series L 1940-1944-J&D 4Mb series M 1940-1945M&N 2 Ms Aug 1 1940-1954 2 Ms series N1940-1951 M&N Pacific Fruit Express— Eq 5s 1940-1941 D (yr)-A&0 Southern Pacific (Golden Gate Ferries) 1st 5 Ms 1949 A&O 1st 4Ms series D 1977 Nor RR of N J Pennsylvania Company— 28-year secured 4s 1963 -F&A Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3 Ms 1941 F&A Gu tr ctfs g 3Ms 1942..—J&D Gu tr ctfs g 3 1944 J&D J&J / - Pitts Va & Char gu 4s 1943-M&N 125M m 1st extended 4 Ms 1938-A&O St Louis City real est 5s '38 J&J Paducah & 111 1st 4Mb 1955-J&J Bid Pitts Term RR & Coal 5s '42. 80 1st gtd g 5s 1945 --—A&° / 1st mtge g 5s (stamped cancella¬ tion of guarantee 1945- -A&O Old Colony RR 4s 1938—-J&J 1st M 5 Ms 1944 F&A 1st M 5s 1945 series B J&D 1st M 4Ms 1950 series C—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 Bonds Ask 83 61 108 M 0.50% May, 1940] RAILROAD BONDS 71 NOTICE—All bond prices are **«nd Interact** except where marked "f* and Income and defaulted bonda Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds and Stocks Ask Bid Wabash Railroad Oo— 1st gold 5s 1939 .M&N 2d gold 5s 1939 F&A Deb mtge 6s series B 1939. J&J 1st lien term gold 4s 1954.J&J Det & Ohlc ext 1st g 5« '41.J&J Des M DIv 1st g 4s 1939—J&J Toledo A Ohlc 4s g 1941—M&S Omaha DIv. 1st 3 %sg'41. A&O Wabash Railway Oo— / / f f / / f f Ref A gen 5%s 1975 A M&S Certificates of deposit-. Ref A gen 5s 1976 ser B F&A Certificates of deposit. Ref & gen 4 %s 1978 ser O. A&O Certificates of deposit Ref A gen 5s 1980 ser D A&O Certificates of deposit.. Warren 1st ref g 3%s 2000 F&A / / f / / f / f 44 X 17 1754 1754 26 28 49 4924 12 % 40 % y 4124 13X 10% 754 6% 6% 6% 6% 6% 6% 8% T~ ~7~~ 37"" 45 48 Washington Central Ry— 1st gold 4s 1945 guar 70 100 108% 10924 F&A 109% Washington & Vandemere— 1st 4%s 1947 -F&A West Shore 1st 4c 2361 J&J West Virginia A Pittsburgh— 1st gsf 4s 1990 A&O 60 1st & ref 5 Hs 1977 ser A. 4724 61 63 90 24 1.20 9154 1.50 0.75% 1.00% 1.75 1.50% West N Y & Penna 4s 1943. A&O 108% Western Pacific RR Corp— 1st M 5s 1946 series A M&S / 17 Assented 5s 1946-.— f 1624 108% trust 5s 1943 b 2.75 Western Ry of Ala 4 %s '58. .A&O 93 Wheeling & Lake Erie RR— 1st consol gold 4s 1949—-M&S 11524 Eq tr 2 X? F Nov 15 *40-'49 b 1.60 Wheeling Term 4s 1940 F&A 10024 White A Black River Valley— 1st 5s 1980 Wichita Falls A Southern— J&J>f & S'eastern dlv 1951 1854 25 common Preferred series A.......-.100 Chestnut Hill (guar) ...60 Chicago Burl & Qulncy .100 Chicago & Eastern Illinois— common i w New common w i New 5% preferred wi 4% preferred old 50 50 Alabama & VIcksburg (gu) ...100 Albany & Susquehanna (gu)..l00 Albany & Vermont (guar) 100 Alleghany Corp common * 5%% pref (with $30 warr).100 5%% pref (with $40 warr).100 524 % pref (without warr)_.100 2 % % prior 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 11624 1.00% Atlanta & West Point Atlantic Coast L Co of Conn Atlantic Coast L RR com 100 50 100 Augusta & Savannah (guar).. 100 Avon Gen & Mt Morris (gu).100 Bait & Cumberland 7% gu 50 Baltimore & Ohio common 100 4% non-cum pref 100 Bangor & Aroostook com 50 5% conv preferred 100 Beech Creek (guar N Y O) 50 Belgian National Rys Oo— American shares partlc pref Boston & Alb (guar N Y C). 100 Boston & Maine common 100 _ ..100 100 100 100 100 pref 10% class D 1st pref 424% class E 6% non-cum preferred..... 100 7% prior preferred 100 Common 4% 1st 4% 2d non-cum non-cum 93 85 117 106 39 78 23 X 2354 7 X 9 824 20 76 77 92 94 68 82 127 132 42 354 4% 3% 4% 4% % 55 Non-cum 6% pref series A. .100 2224 Leased lines (guar) 100 Stk tr ctfs—See RR Securs Oo 16 51 100 58 69% 18 36* 64 47 68 71 1 2% 1% 1% 48 66 89 55 56 100 com K O St L & Ohlc—Pref (gu)—100 Kansas City Southern new * 5 624 6524 69 82 84 2 224 224 224 224 Lexington Union StationPreferred (guar) 50 60 55 924 5% preferred.... 6% prior preferred.. MassawippI Valley (guar) 2 2 54 324 254 254 2 1 22 ____ 170 2% 5 2 48 4% leased line ctfs 18 Mississippi Central. 30 Mo-Kan-Texas R R 28 31 39 4124 554 89 Pacific com 5% conv preferred Mobile & Birmingham— 4% per 50 amount 4% non-cum preferred United N J RR & Canal 7% 21% 104"" — - - - 37% 100 _ 100 100 18 % % 60 28 12% 15% 26% 35 30 75 8 123 6% 80 10% 75 21 45 — - - 8 22 54 850 6 36 38 36% 38 % 1% 100 100 %9 %« 1 49 3 2624 1 2% % 3% % 136 (gu).100 95% 85% 240 54 (gu)100 Preferred (guar) 100 Valley RR (N Y) (guar) 100 Vermont & Mass (guar).. 100 Vicksb Shrevep & Pac (guar). 100 6% non-cum pref (guar)...100 Virginian Ry— New common. 6% Wabash 515 70 • b Basis. 92 100 Utica Chen & Susq Val (gu).100 Utica Clinton & Bingham New 56% — (guar).100 .100 Union Pacific common 185 3 5% 5% 8 31 63 89 62 25 43 25 preferred Ky 33% 100 non-cum preferred A... 100 pref B..100 100 Warren N J (guar D L & W)„.60 West Jersey & Seashore (gu) 50 1% % non-cum conv Ware River (guar) Western Maryland Ry 1st 4% non-cum 24% 57 4% 100 2d pref Western Pacific RR Corp— 6% non-cum preferred Wheeling & Lake Erie , preferred 52 100 6% 100 100 55 100 Ry 4% prior lien 56 com. .100 preferred cum — 73 36 ..... 7 16 141 % % 3% 4% _ . non-cum $100 face 480 50 49 pref (guar) 100 Mobile & Ohio—See Southern Ry Montgomery & Erie (guar) 10 Morris & Essex (guar) 50 t Quotations represent dollars 55% 16% 650 3 com 7% preferred series A Missouri 23 100 100 50 Hav(gu) Minneapolis St P & S S M— 13 45 * Central • Preferred ..._1100 Texas & Pacific Ry. 100 Troy & Bennington (guar)...100 Troy & Cohoes 50 Troy & Gr'bush (gu N Y C) 50 Tunnel RR of St Louis 1% 138 68 100 100 Tennessee 64"" 27 10 50 Mill Creek & Mlnehill Nav (gu)25 Mine Hill & Schuyl 1 __ 100 Michigan Central (guar) Midland Valley 5% pref 16 25 524 8824 3% 52% Stony Brook (guar) 100 Sussex (guar D L & W) 50 Syracuse Bing & N Y (gu)—.100 45 39 .100 preferred 67 40 40 Ry 100 preferred-....100 42 90 50 20% 65% Seaboard Air Line common. * 4-2% non-cum preferred—.100 Shamoldn Vail & Pottsv (gu)—50 Sharon (guar Erie) 50 non-cum 5% 15% 26% 20% 15 26 100 Rutland & Whitehall (guar).. 100 St Joseph South Bend & Sou— Common (guar) 100 Preferred (guar) 100 St Louis Bridge 1st pref (gu).. 100 2d preferred (guar) 100 5% 21% 4% 50 Roch & Genesee Val RR (gu).100 Rome & Clinton (guar) 100 Rutland RR 7% non-cum 50"~ 20 1952..1000 22 4224 100 stk ctf 21 40 100 87 40 100 61 13% 45 Mob & Ohio stk tr ctfs (gu).100 Southwestern of Ga (guar) 100 324 5124 57 13% .100 Southern Pacific Oo new Southern Ry common....... 102 Y Central) 2.00 55 150 1624 124 11% 324 9 "3% 324 90 2 24 3 14% 27% 36% 65c 174% 50 6 1424 2724 Preferred (guar) ..100 Louis & Mo Riv pref (guar) ..100 Louisville & Nashville .100 Lvkens Valley RR & Coal Pref (guar N M iln? Central & Lake Erie 150" Pittsburgh & West Virginia... 100 Pitts Youngs town & Ashtabula— Preferred (guar) 100 Plttsfield & No Adams (guar). 100 Portland & Ogdensburg (guar) 100 6% 1824 5" 83 Pitts Cin Chic & St Louis (gu).100 Pitts Ft W & Chic com (gu)-100 7 % pref (guar Pa RR).....100 5% non-cum preferred 100 Saratoga A Schenectady (gu).100 Schuylkill Valley Nav & RR(gu)50 50 RR 43 St Louis Southwestern 50 Louisville Henderson & St Louis— Mahoning Coal 42 50 St Louis-San Francisco 3 85 (gu)_20 50 (guar) 7 100 Little Miami original guar ^per gp«r betterment stk LU Hchuvl Nav RR & Coal(gu) 20 116 265 4 654 1724 60 50 Preferred 35 50 4 70 1 Of) 2 10 24 2 2% 1 170" 100 100 Lehigh Valley 45 60 100 Lackawanna RR of N J (gu) Lake Superior & Ishpemlng 32 .♦ 2 107 100 pref 80 % 10% 100 100 Allegan & Gr Rap (gu)_.100 70 44 51 1 21% 4% non-cum 1st pref 50 4% non-cum 2d pref 60 Rensselaer & Saratoga (guar). 100 1% 16 preferred Joliet & Chicago (guar) pref A 30 67 2 100 100 4% non-rum preferred Kansas Okla & Gulf 12 Preferred *4% 111 Cent Reading Oo 49 100 5 ^ 25 7 254 100 8 % class B 100 7% class O 100 1st pref 10% class D 100 1st pref 4 24 % class E 100 6% non-cum pref stamped.. 100 Boston & Providence (guar)._l60 Boston RR Holding pref 100 Camden & Burl Co (guar) 25 Canada Southern (guar) 100 Canadian Pacific ...25 Caro Clinchfield & O (guar).. 100 Internat Rys (Cent Am) 'Ka J 1924 17% _ 9 35 100 Prov & Worcester (guar) Railroad Securities Oo— 3 75 4% 5 20 Gulf Mobile & Northern com.100 6 124 3* Goshen & Deckertown (guar).. 10 Great Northern Ry— Iron Ore Prop trust ctfk ♦ Preferred (capital stock * Green Bay & Western 10C Greene (guar D L & W) ...100 73 30 51 Pa RR).100 (gu 44 165 6% preferred Hartford & Conn Western Illinois Central 36 20 100 Piedmont & Northern Pgh Bess & Lake Erie (guar) 41 100 11 % 85 100 com 5 4* non-cum 1254 90 20 100 Phi la Germ & Norris (guar) Phila & Trenton 4 18% 424 4724 24 ..100 50 8% 76 % 12c % prior preferred. Peterborough (guar) 80 2 17% non-cum European & North Am (guar) 100 Fort St Union Depot (guar).. 100 Ft Wayne & Jack pref (guar).100 Genesee & Wyoming 100 75% 89 deposit... Peoria & Eastern Pare Marquette Pittsburgh 1st preferred-.100 non-cum 2d preferred. .100 Erie & Kalamazoo (guar) 50 of Ry 140 .100 Preferred (guar) Erie common.. 155 Worcesterjpf (gu).100 5% preferred pref. 100 10% UK 5 4% 1% 354 25 100 50 50 50 50 218% 111% Ramapo (guar) 50 Pemigewasset Valley (guar).. 100 Pennsylvania RR__ 50 Pennroad Corp com 1 Peoria & Bureau Val (guar) 100 35 50 10% 1624 424 91 10 x 18 80 40 6% non-cum preferred East Mahanoy (guar) East Pennsylvania (guar) Elmira & W'msport (guar) % % % Paterson & 48 50 preferred 100 Detroit Manufacturers (guar) 100 Dover & Rockaway (guar) 100 52 _ 65 89 5% 110 _ Certificates 124 3724 Southwestern (guar) Detroit & Mackinac Ry 110 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 41* Duluth South Shore & Atl— 21 66 141 87 77 (guar) 18 32% 100 com Ogden Mine RR (gu On N J). 100 Old Colony (gu NYNH&H).. 100 125 Conn & Paasumpsic pref (gu)_100 Consol Rys of Cuba 6% pref. 100 Cuba RR 6% non-cum pref—100 Denv & Rio Gr West 6% Detroit Hillsdale and 75" 1st pref 5% class A No par value, % preferred..100 preferred--100 com 6% preferred series A Norwich & ....20 100 Oln Union Term 5% pref 100 Clearfield & Mahoning (gu) 50 Cleve Cine Chicago & St Louis— Common (guar) 100 5% non-cum pref (gu) 100 Cleve & Pitts (gu Pa RR) 7%-50 Special guar 4%—... 50 Colorado & Southern 100 46% 44% 17% 20 78 1% 15% a /8 Preferred (guar) 100 Oln New Orl & Texas Pacific— 83 (gu) 50 10 % non-cum pref (gu) 50 N Y Lack & West 2 (guar) 100 4 NY New Haven & Hartf 100 1% „7% conv preferred 100 % N Y Ontario & Western 100 1% Norfolk Southern 100 Norfolk & Western Ry 100 Adjust 4% non-cum pref %6 100 %6 No Carolina (guar Sou RR)_.100 % North Pennsylvania (guar) 60 X Northern Cent (guar Pa RR). 50 Northern Pacific Ry 100 Northern RR of N H (guar)—100 % Northern RRofN J (guar) 100 % % X % % 5% non-cum preferred 100 Chicago & North Western 100 7% non-cum preferred 100 Chic R I & Pacific common...100 7% preferred 100 6% preferred 100 28 35 __ N Y & Harlem 2 Bid Par Original (guar L & N) 25 Unstamped (guar L & N) 25 Nashv Ohatt & St Louis 100 Newark & Bloomfield (guar) 50 New London Northern (gu)..100 New Orleans Great Northern.100 New York Central RR * N Y Chic & St Louis com—..100 _ -.50 100 Chicago Ind'polls & Louisville 100 4% non-cum preferred 100 Ohlc MIlw St Paul & Paelflc— Common * Preferred (guar) 50 Delaware & Bound Br (guar). 100 Delaware & Hudson Co 100 13 19 22 24 56 X 1% 3% 1% 3% 1% % % 50 ... Delaware (guar Penn) 1st pref 1st pref * 1 2% 1% 40 Delaware Lack & Western..- 1024 Stamped— Ex-dividend. 58 40 IOC Erie & Pitts (guar Pa RR) Unstamped— s 55 Dayton & Mich 12 30 11 39% 95% 37 * New preferred w i__ 6% preferred old Chicago Great Western- "4% 424 39% 94% Georgia RR & Bank Co (gu)_100 Georgia Sou & Fla common 100 1st preferred 100 2d preferred 100 com 1st Chesapeake & Ohio 5% 20 Columbus & Xenia (guar) 50 Concord & Portsmouth (gu)-.lOO RAILROAD STOCKS 1st pref 5% class A 1st pref 8% class B 1st pref 7% class O 454 Chattahoochee & Gulf (guar). 100 Chesapeake Corp * 17 4s M&N Worcester & Conn Eastern Ry— 1st gold 4 Ha 1943 J&J / Yosemlts Valis f g 5s 1936..J&J / A1 Great Southern Preferred 18 2.00% 9 1st 5s extended 1948 J&J f 25 Wichita Union Terminal Ry— 1st g gu 4%s 1941 opt M&N 10424 Wilkes-Barre A Eastern— 1st guar g 5s 1942.. J&D / 1224 Willamette Val Southern Ry— 6s 1939 ...F&A / 20 Wilm & Newborn 4s 1947..-F&A 65 Wilmington & Nor 4 Ha 77.. J&D 91 Wilmington Ry Bdge 5s '43.A&0 97 Winston-Salem Southbound— 1st gold guar 4s I960. J&J 11024 Winston-Salem Terminal Co—1st s f guar 3 24s 1970 M&S 108 Wisconsin Central Ry— 1st gen g 4s 1949 -J&J f 22 X Certificates of deposit. f 19 1st & ref 4s 1959 .A&O f 6% Sup & Dul DIv 4s 1936—M&N / 824 Certificates of deposit f 724 Marsh field 42 15 Common.. 8324 83 Eq tr 4%s E 1940-1941—J&D b Eq tr 2 %s 1940-1946 J&D b Eq tr 2s G 1940-1949 b Equipment 39 Morris & Essex Exten (guar). 100 Mt Carbon & Pt Carbon (gu) 50 Nashua & Lowell (guar) 100 Nashville & Decatur— Preferred J&J . Stocks 42 Cincinnati Inter-Terminal— 46% West Fruit Exp—See Or Nor Western Maryland 4s 1952.A&0 Ask 39 New "8" 32 1st 4s Mar 1 1948 Q-Mar Washington Oo Ry 1st g *uar 3%s Jan 1954 opt 192. J&J Washington A Franklin Ry— 1st extend 4 %s 1954 J&J Wash Term Co—3%s 1945—F&A Bid Stocks 44% 17 % Par Catawi8sa RR 1st pref (guar)..50 2d preferred (quar) 60 Cayuga & Susq (gu D L A W)_30 Central of New Jersey 100 80 100 Wilton (guar Boston & Me).. 100 % 97% 47 52 6 27 /This price Includes accrued interest. & Last sale. » Nominal — Investing Companies Stocks "and interest" except where marked "f NOTICE—All bond prices are Par Stocks and lionds Bid Per Adams Express com. Coll trust 4s 1948. Coll trust 4s 1947. 7K — M&S J&D ...F&A 4M* stamped 1948 Administered Fund lnc * Aeronautical Securities——vsi Affiliated Fund com.... 1.25 Sec conv deb 4s 1949--—J&J 8ec conv deb 4M8 1949—J&J Air Investors Inc....-—---—-* Convertible preferred 104 K 104 K 107 K 11.99 10.60 3.45 100 K l°3 Stocks and Bonds Ask Corp Securs 5% ctfs 1935._M&8 Corporate Trust shares old ser—1 Aldred Invest Trust Amer w w *48. Q-F ♦Crum & Forster lnc com..... 10 ♦8% preferred S3 -' preferred. 1 ....-———1 $2M preferred........— S3 preferred Amer General Equities Ins—25c Amer International Corp--—--* Conv 5 Ms 1949 J&J Amer Insuranstocks Corp......* Investment (111)——* $2 preference * American 50 5% conv preferred Associated Gen Util com v t c, * Inc deb 5s w w 1956 M&N — Income deb 4s 1961 - - M&N 2 * -100 Atlantic Secur 4 ha A 1953.A&O Atlas Corporation common. ..5 6% preferred.. ...50 5% preferred Option warrants. * Beneficial Industrial Loan $2.50 prior preferred * * 6% profit share deb 1956—Q-J IK OK 10% 100K OK is % 100 6M 3.16 IK 1T& 78 103 103 7.35 conv Corp common 1 preferred ...100 5 50 Boston Investment Co British Type Investors A...... 1 Broad St. Invest Co lnc 5 Brooklyn National Corp 5 Bullock Fund Ltd.... 4M 42 M 98 M 12 Ms 9 I* 3% 37 42 37 5K p 50c* 22 5K 9K 23 K 13 K 91 3.10 55 5K 4M% conv preferred n ..— 103 M 98 58 6 I4 82 10.91 3.270 139 8.77 4.55 3.28 5.44 5.85 9.53 4.39 3.85 5.37 5.33 4.79 4.20 Railroad Equip Shares Steel Shares Tobacco Shares 1 45% 53% 107 IK 13 46 106 K 53 K 110 3.91 70c 17 29 K 25 30 9M 26 preferred 100 Investors 5 Independence Trust Shares——.* Independence Fund of N A——5 Industrial Finance v t c.. —1 97 15.69 2.23 100 14M 25 25 * lH 1st Incorporated Industrial Securities Corp 6% preferred Inland Investors..—-Institutional Securities Ltd— Bank Group shares — Insurance Group Shares..... IK 17 4c 8K x-w. Preferred 3.60 60c 28% 34* 26 -25 1946—A&O 1102 71M Household Finance com. ———* 109 M 5% preferred 100 .16 ♦Huron Holding Corp.————1 IK Hydro Elec Sec com—-.---—* Illuminating & Power Securities— 13 105 K H _ 104 31 30 K 6c 10 K 1 New common —— pref..—1 International Utilities class A—.* Class B 1 $1.75 preferred ........* $3.50 prior preferred * Internat Securities 7% * No par value. 7.67 4.96 3.58 5.92 6.37 5.85 5.80 2* M 35 M 9 27 M 27 K 103 K 72 ; 110M ... Mutual System com 41 1M 7M 1.40 1 6$ 4M % OK lH 1 7K K 14 M 31 97 23 10.78 11.78 2 *»«• mm 22% 14 14 M 18M 18 K 98 M 20 97 19M 6.36 60 M 6.77 6M 7K 58 3.83 1.23 1 12.41 * 8.25 5.36 5.82 13.97 12.96 8.84 6.16 9.62 ........ ... 7.94 9.91 Insurance Machinery Metals. 8.39 ....... .. 9.56 6.68 10.40 8.59 10.71 9.08 7.50 3.15 8.17 8.12 3.42 6.32 .... 6.85 7.55 ... _ Railroad.. Railroad equipment Steel stocks Class B 1.36 13.37 7-62 — ... Automobile Aviation. Bank stocks 6.97 5 common 7.55 103 % 4% 103 M 93 M Class A preferred.-..—..-100 North American Bond Trust Ctfs North American Invest Corp— Collateral 4s 1951 -J&D North American Trust Shares— 1953 * 1955. 1 1956.... -1 1958 .1 Ohio Finance Co. 4Mb 1949.F&A - * ..1 1 5 Oklahoma Carey Trust Oklahoma Southern Trust..: Old Colony Invest Trust Debenture 4Ms Feb 1 10 Com..* 1947—- 5 97 45 M 95 M - Common Oils & Industries com Preferred Oilstocks Ltd. 96 M 2.35 . 2.91 2.85 2.64 102 K 19 M 3* 47* 3M 103 M 19 % 5 50 4M 166" Debenture 4 m® Dec 15 1952 Old Colony Trust Assoc——* Overseas Securities Co .—-•-* Deb 5s April 1 1948 A&O 99 Pacific Eastern Corp 1 Pacific Finance Corp (Calif) 10 Pacific Investing Deb fie 1948 J&J Pacific Southern Invest pref-.--* Class A. ..* Class B * Petroleum Corp of Amer 5 Phoenix Sec Corp .—* 4 $3 conv Preferred 1 3M% preferred,. — * Representative Trust Shares... 10 Republic Investors^Fund new— Reynolds Invest 5s 1948...-A&O Common stock $6 preferred..... ——* Rossia International Corp......* Royalties Management A— 1 ♦Schoellkopf Hutton and Pomeroy Inc common 10c Scudder, Stevens & Clark Fund 16 33 t Called May 10 at 102. 8M 95 22 ..25c (Colo) ser B shares (Md) voting tr shares New England Fund.. Neve York Stocks, Inc.— Agricultural Railway & Light Securities com.* Conv coll 4 Ms ser "11" '55 A&O 1.19 11 Nation Wide Securities— Railway & Util Invest A 1.09 1.28 "2M 55c 9 5 National Bond & Invest com...* 5% preferred ser A w w 100 Nat Bond & Share Corp ..* Nat Indus Loan 7s 1957—Q-Jan National Investors Corp 1 Nat Trust Shares Re modified J ... ,2M 2M 34M 45c .1 25 8% preferred pref class A 10 .36 Plymouth Fund Inc. --10c 2M Provident Loan Society 6% ctfs. Prudentia' Investors * $6 preferred —* 16.87 Putnam (Geo) Fund —--1 Quarterly Income Shares...—10c 'in 5% deb series A 1942 M&N 1 Railroad Employees' Corp—■ Class A common.. 15 * 14 Insull Utility Invest-Deb g 6s 1940 B with war.. J&J Insuranshares Co of Delaware--1 Insuranshares(Md) ctfs Inc.. .1 International Holdings & Inv... 2% 34 M — 6.39 Preferred 104 "l M 73 4s with warrants 101 101 101 11 K r 10.72 Guardian Investors com——— 1 $6 1st preferred —* OK $3 2nd preferred —-* Debenture 5s series A....1948 ll".51 3.320 Heller (W E) common -2 143 Preferred w w 25 99 . 31 27.33 104 99 94 46" 5.87 7.05 Petroleum Shares ZH 102 102 102 99 17 M 76 44 9.86 Mining Shares—— .... Sec 6s x-w 1947 Niagara Share Corp (Md)—Conv deb 5 Ms 1950 M&N Shares Food Shares.. Investing Shares.. Merchandising Shares— 3 IK 2% IK IK 5102 Electric Equipment 30 6* 19 74 Building Shares—.—....... Chemical Shares 100 96 2 18$ 72 Aviation Shares.. 3 4M 5.35 22.22 ...5 10 -M&S Morris Plan Indus Bank (N Y) .10 Mutual Investment Fund.....10 Oils K 5.83 50 83 94 26 46"$ 100 5.35 47 79 2Vs 99 Ma 99 K 4.60 — 1. 3.35 7.40 4.15 20.66 1 Chemical Electrical equipment 43 * — c Building supplies Shareholdings Corp com—1 Automobile Shares w A 1 Gleneagles Invest 5s June 15 1944 Globe Indus Loan 6s 1955—J&J Goodall Securities * Gotham Credit class B 5 Great Britain & Canada Invest¬ ment Corp 4 M® 1959 A&O Group Securities, Inc.— Quotations not furnished by sponsor or issuer, Nominal, r Canadian price. * Ex-dividend. 104 32.86 Agricultural Shares * 100 5.91 102 M 103 % 30.56 4f* ...100 — 17.58 4.65 46 19.11 .—* 44 10 $4.25 conv preferred • Commonwealths Distrib'n Inc..1 Commonwealth Investment .1 Commonwealth Securs common-1 Preferred Consolidated Invest Trust com.I Consumers Credit Serv 6s 1962-. Continental Securs 5s 1942 M&N Continental Shares common....* ♦ ' 45 Commercial Invest Trust ♦6% preferred.. 94 3.85 107 51 common 40 $6 conv pref w w * German Credit & Investment— Pref allot ctf 25% 1st pref—* 15 12* 100 7% preferred Commercial Credit 4.10 "7" $6 preferred Gen 25 13% ...—...100 10 20 9.88 47 26.21 5h $1.20 preferred 3.60 13 24.24 Chartered Investors common... 1 $5 preferred.. Chemical Fund 1 Christiana Securities com... 100 Preferred 100 Commercial Banking common.. 1 2.76 42% 15.57 25.42 Cleve Securities 4-6s to 1943.J&J Collateral Bankers lnc— 7s series A & B 1950 Q-F 7s series C 1959 Q-M 7s series D 1956 Q-J 6s series AA 1953 Q-F 6s series AB 1948.... Q-M 6s series AC 1952 Q-J Collateral Loan 100 3.261 K ♦ Preferred 2.50, * $6 preferred ————* IK, 44 M' Conv deb 5s 1953 -J&J 16.76 Gen'l Realty & Utilities com 1 28" 5 10c 24 M 4% National Aviation com ht .._* City Investing Co 7.45 5.41 100 100 100 100 Century Shares-Trust 18M *«4 K Corp Maryland Fund Inc New common Preferred 4.97 2 40 24 5 % conv partic preferred50 Midland Invest Corp (Mo)— 3s 1953 .— .M&N / 1 A Monroe Loan Society class A Morris Plan old common 25 25c 1 IK Marine Midland Mass Utilities Associates v t OK $6 preferred Warrants General Investors Trust General Public Service Corp 110 6.99 50c Lawyers Mtge Inv (Boston)— 79 M 29.04 8 2 Corp / 4.63 6.39 25c 26 4.64 Investment —1 10 Massachusetts Investors Trust..1 * &K 108 Corp..-1 7% preferredConv preferredConv pref series of 1929 6% cum preferred General 19.43 12.58 27 20.26 154 Deb 5s Feb 1 1952 —F&A General Capital Corp -j* Gen Finance conv deb 5s *51-J&D 22% 55 H 9K 11.01 4.11 x 670 Investors...* $6 preferred 5 995 7.36 16.53 3.15 * American 13.80 ...... Liquidating Shares 5.13 General 4K Canadian internal inv Trust— ♦Class B Central States Electric IK 20 ... Class B „ 8K Series S-2 11.44 15.18 Series K-l 35 Fundamental Trust Shares Inc— Class A. 2 P Series K-2-................. 14.22 6.68 15.07 10.38 1st 5 Ms series B 1945 M&S Lehman Corporation..——.1 2t* - 29.57 23.23 15.62 21.17 28 78 K. 27.01 - 36 M 27.07 .... ... Knickerbocker Fund... Larkins Warr Trust 61 25 Capital Administration cl A 1 $3 cum pref series A ...10 Carey Trust of NY * Original.. 100 Carriers & General Corp.— 1 Deb 5s with warr 1950 M&N Cent Invest Corp 5-6s '57..A&O ♦Central Nat Corp class A....* 3 18.09 11.72 101 5 Fulton Indus Sec units Fundamental Investors Inc — Manhattan Bond Fund Inc.__ 10c Foreign Power Secur 6s *49 J&D Foundation Trust Shares ser A..1 45 15 3.85 22 H 53 M 98 — "SB 25 M 35M 20 $6 preferred * Equitable Invest Tr (Mass) 5 Equity Corp common ]0c $3 conv preferred 1 Family Loan Society common..* $1.50 preferred series A * $1.50 preferred series B * Fidelity Fund. Inc * Finance Co of Pa 100 ♦First Boston Corp.. ...10 First Mutual Trust Fund. 5 Fiscal Fund, Inc. Bank stock series .....10c Insurance stock series—...10c Fixed Trust Shares series A.. .10 8-09 4 27 M —* Empire Capital Corp A 22 18 Series S-3..—.......— 2 Empire Power Corp partic stk.* 4 1.32 29 95 Howard Management Fund A-l .........1 Series F 1 Economic Inv Tr Ltd 5sA'57M&N 0K 25 Series B-4 6.60 51 27$ % >A 1 Keystone Custodian Fund— Eaton tc IK 14 28M 19M 11.24 Series S-4 ... IK ....* 5s series A 1959 A&O r Cauadiar. Invest. Fund Ltd 1 Canadian Pow & Pap Invest Ltd— Deb 58 series A 1958... F&A , Foreign ln6M«47F&A / 58 10.55 Series B-l 1.20 K 18M Investors Trust common 25 Preferred —25 Italian Superpower Corp A com.* Deb 6s 1963 (ex-warrants..J&J Series B-2 3.80 5.85 1 ...... .........-.2.50 $6 preferred series B 37 K 99 55 r Series B-3 Eas Util Invest Deb5s 1954 M&S 15 3K 25c 18 18.57 Investors Royalty.. Preferred 2.85 Eastern Equities Corp. 5 Eastern States Corp com.......* $7 preferred series A... ....* 21* ft* 99 M 100 Investors Fund of Amer Series Cl 2.49 Dominion-Scottish Invests Ltd 1st coll 4s series A 1952 .J&J 30 H ...1 Burco, lnc common $3 conv preferred Domestic & 3 3% iH ilH A..1 1 Dividend Shares............25c Domestic Finance pref * 3.48 30 Mi 33 37 32 5 104 M A 34 K share Interstate Bond Co— 4Ms coll tr AAA 1940-43.. A&O 5s coll tr BBB 1944-51 A&O loj Ask Per 4s coll tr CCC 1939-42—.M&N Invest Bond & Share 5s A'47. J&D Investment Co of Amer. 10 Diversified Trustee Shares— 34 zlH I* ser ser 1 C shares.. D « hares Blue Ridge $3 —* ...1 Herter B 4 1 Boston Fund lnc preferred Deposited Bank Shs N Y 1 Beneficial Loan Society com ♦Blair &Oo 113 4.97 17.18 1.57 cum Deposited Insur Shs 1 5% preferred Bankers Securities Corp com..50 6% preferred..... .....50 Basic Industry Shares 10 100 40 ..... ♦Bankers Nat Investing A 100 32 K ♦7% .41 35 10c ♦5.50 prior pref-—... -* Amer Cities Pr & Lt cl A 25 Class A opt div ser w w 25 Claw B_. 1 Amer Discount Co of Ga $2 pref.* Amer Klec dec partic pref—... 1 American European Secur———* Coll tr s f 5s 1958 ser A—-J&J 5s series B 1958 —M&N Amer Foreign Investing ... American General Corp....—10c $2 preferred 1 Associated Stand. Oil Shs Associates Investment Co 39 m 117 ♦Crum & Forster Insursh B....10 SH K K 2.88 2.88 1 Cumulative Trust Shares Delaware Fund.... 10c - 2.43 Credit Service deb 6s 101K 102 K (Masai- Capital Corp A... Class B 1 ....1 Accumulative series A A (modified) AGO (modified) Warrants Deb 4Mb with comshs 1967— Aldred Investment Corp (Can)— Deb 4Mb with com sbs 1968... Alliance Investment com * Allied Int Investing Corp— S3 convertible preferred * ♦Amerex Holding Corp..---* Amer British & Cont 5s 53 F&A Amer Business Credit A 1 Amer Business Shares —--1 2.43 n Bid Par share 2-49 1 AA 108 12.76 11.52 3.77 and defaulted bonds Stocks and Bonds Ask Per 30 —* Bid Par share IK and income closing day of the month preceding the date of issue Quotations for all securities are as near as possible for th Continued e on Ex-coupons. page 17 M 2% 18 3M 73 ~4M 12M 13M 93 94 M 33 31M 6 6M 7% 8H 13 13 M 41M 42 M .40 116 .45 8M 101 "8 % 13.85 7.40 102 M 14.81 8.65 100M 103 M 8M 10 M 8% 9M 11M 9M 104 $ 8 *;* 10.36 10.86 6 4.40 4.93 67 M 69 M ni& 20 M 20c M 84.84 23 A*A 40c 1 86.56 84 / Flat price * Last sale. Public (Includes street and electric railways, gas. Utilities electric power, water, telegraph, telephone and bridge companies.) prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue NOTICE—All bond Ask Bid Bonds Adriatic Electric Oo (Italy)— Kxtls f 7s 1952. A&O 62 50 AlaGasOo 1st M 4M»sl951.F&A Power Co— 1st 5s 1946 M&S Bonds 10434 105 10754 10634 10834 Alabama 1st & ref 5s 1951 1st & ref 5s 1956 10434 1st M 5s 1957ser A . 10534 103 J&J 10334 10454 M&N 1st & ref 4 34s 1967 J&D 1st & ref 5s 1968 M&S Alabama Water Service Co— 107 105 103 J&J 10354 50 Albany Ry 1st cons 5s 1930.. J&J / 46 General 5s series A 1947._J&D / 40 All America Corp— 67 Cum income 4s deb B A&O Alliance Tower 1st 6s 1952 M&S / 105 80 Alliance Pub Ser(Ohio)5s '57 M&S Altoona & Logan 45 70 2d mtge 5s 1978 5s conv notes 1978 % 54 54 6 17 6434 6534 434 American Gas & Electric Co— J&J J&J J&J 10554 109 11034 Am Gas & Pow deb 3-5s '53-F&A 8ecured deb 3.6-0S 1953 J&D Am Pow & L deb 6s 2016..-M&S 5334 60 10354 254s 33*s 354s s s s f debs 1950 f debs 1960 f debs 1970.. Amer Rys 6s 72 52 54 97 J&D/ 12 American Telephone & Teleg— Deb 5Kb Nov 1 1943 M&N 10754 25-year deb 334® 1961 A&O 10934 30-year deb 334 s 1966 J&D 109 Amer Util Service 6s 1964--M&N 87 34 1938 — Amer Water Works & Electric— Deb 6s 1975 ser A. M&N 108 101 1940 90 109 102 96 Anchorage Lt & Pow 7-5s'43 F&A Androscoggin & Kennebec Ry— 1st 6s 107% 10934 10934 55 Androscoggin W Pow 6s '45.F&A / 3434 60 Appalachian Electric Power— 1st mtge 4s 1963 F&A 8 f deb 4348 1948 F&A 10834 105 IO834 10534 Appalachian Power 6s 2024- J&J 127 34 130 . - Arainore St Ry—See Phila Co Arizona Edison Co— Income 5s 1960 J&J Income 6s 1960 9034 100 1953 Conv deb 5s 1965. Conv deb 5s 1950 102 10534 5334 F&A / J&J J M&S / A&O M&N M&S 8 fine deb 4 348 C 1983—-M&S 8 f inc deb 4s D 1983 M&S 8 fine deb 434-534s A 1986 F&A 8 f inc deb 5-6s B 1986- -M& S Conv A 5s 2002 Q-F - 1734 1434 11 13 11 13 U" Q-F 11 2 1734 1734 2 Coll trust Certificates of deposit 1st con 5s July '41 (stp)__M&N Certificates of deposit Bklyn Un Elev 5s 1950 Certificates of deposit 4 34 32 J&D 31 3334 3234 4s 1973 -.M&S Income deb 434s 1978——F&A Income deb 4s 1978 A&O Income deb 354s 1978 M&N 29 32 18 34 18 34 1834 1834 1734 1734 Income deb 334s 1978 M&S Associated General Utilities— See Invosting Companies. Associated Pub Utilities Corp— 1st lien 5s 1947 ser A J&J Deb 6s series A 1958 M&N Associated Telep & Teleg Oo— Deb 534s 19.W ser A M&N Associated Telephone Utilities— Deb 6s series A 1941 ..M&S 17 34 1734 3s June 1 1942 3s Dec 1 1942. 98 9834 9734 98 100 110 11034 7234 56 58 58 67 69 105 3 34s May 1 1942. 4s May 1 1943. J&J 1st lien & ref 5s 1957 J&J 89 Atlantic City Sew'age 6sA'56 J&D 354 s ser A&O A&O M&N 10634 A 1968--J&D debentures— 10734 —J&D 4s 1946 10034 J&D 4s 1945 J&D J&D J&D J&D J&D 4s 19474s 1948.. — 7934 7934 103 10334 103 34 10434 104 10334 103 J&D _J&D 10234 M&S 99 Central Kansas Pr 6s 1946--M&S 7s 102 Cent Indiana Gas 5s 1957 101 Central Maine Power— 1st & gen 4s ser G 1960 A&O 1st & gen M 3 348 ser H '66.F&A 110 10234 9034 103 91 99J4 s i 6s 6Xt to 1950 10334 103 10234 10234 10634 10734 26 -J&J Central N Y Power Corp— Gen mtge 3Ks 1962 Central Ohio Lt & Power— 1st mtge 4s ser C 1964 104 108 1st & gen M 3 34s ser J 1968J&D Cent Mexico Lt & Pow 1st 103 A&O 10734 F&A 10434 10034 Cent Pow 1st 5s 1957. ser D.J&J Central Power & Light Co— 102 105 1st mtgo3 3£sser A 1969.-F&A debentures— 102 Serial 10134 10234 10134 134s Aug 134s Feb 134s Aug 100 2s 2s 2s 4734 49 100 5834 10234 107 9034 10034 91 9034 100 103 5434 5434 Aug Feb 15 1943 Feb 9934 9934 100 100 99 2 ^s Feb 99 15 1943.-.. 15 1944 15 1944 15 1945 15 1945 54s Aug 9834 9834 9834 98 15 1946 99 15 1946 Cent Pub Serv Corp— Oonv deb 534s *49 98 3s 3s Feb Aug Cent Public 10734 9734 100 15 1940 15 1941 15 1941 15 1942 15 1942 234s Aug 234s Feb 234s Aug 2 91"" 134 134 F&A Util.(ws)inc534s-1952 Central States Edison, Inc— 1st coll inc 3-5s 1950 M&S Central States Elec Corp— Conv deb 5s 1948 76 M&S 15 78 3634 3654 J&J 37 Central States Electric Co— 1st mtge 4s 1964 10234 J&D Cent States Pow & Lt Corp— 1st M & 1st lien 534s 195o_J&J 7754 47 Debenture 5s 1944 __J&J Cent States Utilities 6s 1938-J&J / 1 Cent Telep (Del) 6s 1938—.M&N / 1034 3654 7754 50 3 Cent Vermont Public Serv 1st mtge 3348 ser Corp B 1966--F&A 108 10734 Central West Public Service— 120 534s 1956 Charleston Cons Ry 10534 120 9034 93 106 / 10234 104 10434 10434 10734 61.00% 61.75% 62.25% 62.50% 62.75% 62.50% 10934 90 Gas & El M&S 107 M&S 83 M&S 65 M&S 90 Consol gold 5s 1999 Charleston Transit Co— 1st 5s 1942 Gen & adj 5s 1952. Coll trust 5s notes 1942.. 104 California Water Service— 10434 Gen mtge J&D 9934 11154 4s June 1 1949 Cent Illinois Light 3 34s '66. -A&O Central Illinois Public Service— 10234 108 Atlantic Oity Electric- 101 100 — —- 10634 106 1st 4s ser B 1961—.. Serial 3 34s May 11941 10134 4s Dec 1 1948 10134 r Calit Pac Ry (see Pac Elec Ry) 10734 10734 102 Deb 534s 1954 5s 1942 F&A Buffalo Traction— See International Ry Burlington (Vt) G L 5s 1955.-J&J Butler Water 5s 1957 A A&O Butte E1& Plata f 5s 1951.-J&D Cairo Bridge 1st inc 6 34s '58.J&J Deb gold 534s 19421st mtge 4s 1966 102 3Ks 1940 334s 1941 334S 1942 3 Ks 1943 Niag Falls El L & Power— f 5s 1964 June 1 1943 Dec 1 1943 June 1 1944 Dec 1 1944. June 1 1945 Dec 11945 1st mtge 105 s 10134 10134 10134 10234 10234 102 34 10134 10134 10034 10234 4s Dec 1 1947. Serial 121 California-Oregon Power— 105 107 120 103 143 106 10834 10934 10534 10934 109 1st 101 4s June 1 1948 10834 10134 10134 58 10034 4s June 1 1946 11134 Calgary Power 1st 5s 1960—A&O 143 334s 334s 334s 334s 334s 334s - 4s Dec 1 1946 4s June 1 1947 10034 11134 1st gold Certificates of deposit Athens (Ga) Ry & Electric— 1st & ref 8 f g 5s 1950 --.-.J&J 111 F&A Buffalo General Electric— Gen & ref 4 34® 1981 Buff & A&O 1947 J&D Gen mtge 4 34s 1955 M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J 1434 100 3s Dec 1 1940 3s June 1 1941---. 3s Dec 11941 115 67 56 g 1434 1434 1434 11434 10634 9734 1st lien & ref 6s *47 ser A.. M&N 1st I ien & ref 5s ser B 1957 M&N Deb 5s 1950. J&D 10334 J&D 3s June 1 1940 11334 64 7234 1st mtge 3 34s 1964 debentures— Serial 47 99 7534 58 Atlanta Gas L 5s Cent Ills Elec & Gas Co— 113 1944. 94 54 91 105 82 :___A&0 5s 534s '46..J&D 10434 Bklyn Un Elev—See Bklyn Queens Bklyn Un Gas 1st cons5sg'45M&N 7434 Certificates of deposit Oonv deb 534s 1944 ser O.M&N Certificates of deposit 2-yr 6 % notes 1933... F&A Buffalo Niagara ElectricGen & ref M 3 3$s ser O 67-J&D 2s deb A 1910-1942 J&D 3s deb B 1943-1947. J&D 3 34s deb O 1948-1952 J&D Certificates of deposit Conv deb 5s series B 1942.A&0 _ 1st First lien coll tr 11634 13434 5534 Kings Co El 1st 4s 1949.--F&A Certificates of deposit Nassau Elec 1st g 4s 1951.-J&J Certificates of deposit 63 32 ser 33<8 1949—M&N 334g 1950—M&N Coll trust series 3 34s 1951 .M&N Brooklyn Queens Co & Sub¬ let m g 5s 1941 (stpd) J&J 5 6134 ser 104" • 114 100 234 234 234 F&A Conv deb 11134 9934 10034 134 116 Bklyn City RR 1st 5s 1941—J&J Certificates of deposit Brooklyn Edison Co— Consol mtge 3 34® 1966 M&N Bklyn-Manhattan Transit Corp Coll trust 434® 1966 M&N Certificates of deposit Coli trust 3s 1940 M&N Coll trust 3s 1941 M&N Coll tr series 334s 1942—M&N Coll trust ser 334s 1943—M&N Coll trust ser 334s 1944.-M&N Coll trust ser 334s 1945.-M&N Coll trust ser 354s 1946.-M&N Coll trust ser 334s 1947.-M&N Coll trust ser 334s 1948.-M&N 14 2 J&D M&S 10434 Corp— Cent El & Tel 1st 5s ser A '55 J&J 1st & coll s f 4 34s A 1965. .J&J Central Gas & Elec 6s 1946-M&S 99 Coll trust 101 Central German Pow 6s '34. J&D / 14 Cent Hud Gas & Elec Corp— 104 1st & ref 5s 1941 J&D 10734 1st & ref 334s 1965 M&S J&J 18 10634 4s 1944 Telephone— 1939 50 86 634s 1951 1st & coll tr 5s 1948 ser A—F&A Central Elec of N J 5s 1940.-J&J Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967.F&A Brooklyn City & Newtown RR— 13 14 J&D Conv deb 534s 1973 deb 5s 1973 Conv deb 434s 1973 Conv 11134 11334 Brandenburg (Germany) El Pr— 13 Extl 1st s f 6s 1953 M&N/ 119 Bridgeport Gas Lt 4a 1952..J&J 9934 Brith Colum Pow 434s 1960.M&S r 5s M&S Term 10034 10034 103 Mtge&Coll tr 3 34s sot D'68 J&D Bleecker St&FulFy-See NY Rys Bioomington Dec & Champagne 1st & ref 5s 1940 M&N Bolivian Power 8s ser A '45.A&O Boston Elevated Ry— Deb g 4 34s Nov 1, 1941 -M&N Deb g 5s Dec 1942 J&D West End St 5s 1944 M&S 7s Sept 1947 __M&S & Elec Corp— 8s ex-warrants 1940 M&S J&J 1960 ser O M&N Bell Telep Co of Pennsylvania— 1st & ref 5s 1948 ser B J&J 1st & ref 5s 1960 ser C A&O Bellows Falls Hydro-Elec Corp— 1st mtge 5s 1958 A&O Bergen Turnpike 5s 1951 J&J Berkshire Street Ry— 1st extend 6s 1947— J&D Berlin City Elect 634® 1951-. J&D Sink fund deb 634a 1959—F&A Deb 6a Apr 1,1955A&O Berlin Elec Elev & Underg Rys— 1st mtge 8 f 634s 1956 A&O Birmingham Elec 434s 1968. M&S Birmingham Gae 1st 5s '59-M&N 434% extended 1944 A&O 13 19 3 Q-M Scrip 4s 1941 Scrip 4s 1942 Gas 1734 12 34 17 3-4 1734 17 34 1734 1334 4 Oonv A 6s 2002 Conv A 7s 2002 Associated 60 . M&N / Conv deb 4 34® 1949 Conv deb 4 348 1948 Cons ref deb 5s 1968 Cons ref deb 4 34s 1958 S f inc deb 5s B 1983 106 101 J&J 6s Jan 1 J&J Associated Gas & Elec Co— Conv deb 534s 1977 F&A 101 105 54 Ashtabula Wat Wks 5s 1958-A&O 434® 1961 9934 9934 10134 r Canadian Rail & Harbor— Cent Ark Pub Serv 1st mtge 5s 94 10534 10534 Arkansas Western Gas Co— 1st s f 6s ser A 1953 A&O Asbl'd Home Tel 4 34s A 1961A&0 Elect 9234 92 A&O Arizona Power 5s 1950 -F&A 1st & ref 4Hs 1950 F&A Arkansas & Missouri Pow Corp— 5s series A 1957 J&J Arkansas P & L 1st 5s 1956.A&O Assoc 80 J&J 1st 4Ks series B 1961 Broad River Power Co— 1st & ref 5s 1954 ser A 87 Capital Traction (Wash, D C)— 1st g 5s June 1, 1947. _—J&D Carolina P & L 1st 5s 1956—A&O 112 Bell Telephone of Canada— 1st g 5s 1957 ser B J&D British Columbia — 44 Camden & Sub Ry—See P S Corp Canada Nor Pow coll 5s '53.M&N Canadian L & P 5s *49 op '14 J&J Canadian Utilities Ltd— 1st mtge 5s ser A 1955 , 30 M&S Ry— F&A M&S Cape & Vine'd El 4s A '65..-J&J 96 10434 - Deb 5s 1975 ser B J&D Ana&Pot R RR-See WashRy&El 3434 3934 98 Blackstone Val Gas & Elec— M & coll tr 4s ser C '65.. .M&N ^ „ Deb 10534 10934 11034 5534 6134 10334 71 Corp coll 4Kb '53.A&0 Debenture 454s 1963 A&O American States Public Serv— 1st 1 5 Hs 1948 ser A M&N/ 3334 3834 9434 Beaver Valley Water 5s '60-M&N 34 34 34 F&A / M&N / Oonv deb 6s 1940 M&S / American Community Power— 5Hs Certificates of deposit 1953 / Amer Elec Pow deb 6s '57 M&S15 / American & Foreign Power Co— Deb g 5s 2030 ___M&S Amer Fuel & Pow 7s 1934.J&J / ' 10534 J&D Calumet & South Chicago 1st (35% prin paid) 1927 Beauharnois Lt Heat & Pow— 88 3* Deb g 6s 1952 ser A Deb g 534s 1953 74 A&O A&O 1st 7s 1953 S f income 8s 1953 Calif Water & Telephone— 1st mtge 48 1969 100 103 Bid Bond® Ask 10234 Bangor Gas Light 5a 1941 A&O Bangor Hydro Electric— 1st mtge 3 34s 1966. J&J Bear Mt Hud Riv Bdge Co— Val Elec Ry— 1st coll 4s Jan 1 1954 J&J Amer Commonwealths Power Bid Atlantic Co Wat 5s *58 ser A M&S Augusta Ry & El 1st 5s 1940 J&D Avalon Telep Ltd 4 34s '58--A&O Baltimore County Water & Elec 1st 5s 1946 M&N Baltimore Transit Co— Deb 4s series A 1975 J&J Deb 5s series A 1975 J&J Deb 5s series B 1975 J&J Chicago Aurora & Elgin RR— 1st & ref 6s 1951 J&J / 3 Chicago City & Connecting Ry Coll tr s f g 5s Jan 1,1927-A&O / Chicago City Ry— 1st 5s (15% paid) 1927—-F&A 40 4054 2 234 234 234 Chic North Shore & Milw RR— 1st mtge gold 5s 1936 J&J 634 ( 105 334s 1964 Atlantic City Gas 5s 1960 * nal. Called May 15 at 104. r J&J 10934 9334 10934 9434 90 + Called Apr. 22 at 103. Payable in Canadian funds. 4s May 1 1944. 434s May 1 1945. 434® May 1 1946. t Called May 31 at 100. 6 Basis. 1st & ref 6s 1955 ser A 1st & ref 534s 1956 / This price includes accrued interest J&J —A&O , 154 154 k Last sale, n Nomi- 74 PUBLIC UTILITY BONDS bond pricts 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 NOTICE—All | Bonds Ask Bid Bonds Chicago Railways Co— 1st 5s 1927 st.pd as to 25 1/ Certificates of deposit.... <f f / 40 39 % 9 4% 41 41 9% 4% Chicago Rapid Transit Co— / •/ / / Certificates of deposit..... Adjust deb 6s July 1963—3& , Certificate of deposit...— Chicago & West Towns Rys-— If J<£ 1st cum inc 5s 1937 Cincinnati Gas & Electric— 1st mtge 3%s 1966... F&A 1st mtge 3 Ms 1967 .—J&D Cin Newport & Cov L & T— 1st ref 6s 1947 series A J&J Cincinnati Street Ry— 1st m 5Ms ser A 1952 A&O 1st 6s 1955 ser B —A&O Cities Service Co— Ref deb 5s Jan 1 1966 M&S Deb g 5s Apr 1958 A&O Deb g 5s 1963 M&N Deb 5s 1969 M&S CJonv deb 5s 1950 J&D Cities Service Power & Light— Deb 5%s 1952 M&N Deb 5 Ms 1949 J&D Citizens Independent Telephone 1st mtgesf 4%sser A '61—J&J Citizens Utilities Co— Income notes 3s 1955—..F&A . . 5 5 % % 5 3M 109% 110% 97% 75 72 M 74 M 72 M 73 % 98 87% 93% 76% 73% 76% 73% 73% M 1st coll 4-5 Ms 1948 A&O Citizens Water (Scottdale)— 1st 5s series A 1953 J&J City Light & Traction (Sedalia, Moffat a f 5s 1952 ..J&D City & Sub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El City of New Castle Water— 5s 1941 J&D City Water (Chattanooga)— 1st M 5s 1954 series B J&D 1st M 5s 1957 series C...M&N 86% 87 86% 87% 103 % S* 39 68 77 — at 109% 51 6 lo" olorado Power 1st 5s *53-.M&N * 105 olo Utilities 1st 5 Ms 1958.M&S f 49 Columbia Gas & Electric Corp— 52" ----- _ M&N A&O 15 Deb 5a Jan 15. 1961 105 104 J&J 15 105% Columbus (Ga) filec & Power— 1st & ref 6s 1947 ser A... J&D 1st & ref 5s 1954 ser B 104 M M&N 106 Columbus Ry Pow & Light— 1st mtge & colltr 4s 1965.M&N Commercial Mackay Corp— Inc. debs 4s w w 1969 w i Commonwealth-Edison 107% 48 49 110% 129% 111% 130 115 Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948- / 39 Non-cum inc deb 6s (x s) 1948/ 28 Commonwealth Light & Power— Ref & unif 7s 1962 J&J / 14 Commonwealth Telephone (Pal¬ let 5 Ms ser A 1945. M&N e\l03 Commonwealth Telephone (Wise) 1st 4s series A 1966 M&S 104% Community Power & Light Co— Col M 5s 1957 -.-M&S 96% Community Public Service— 1st mtge. 4s 1964— M&S 104% Community Teleph 5s Jan 1 1949 / 13 M Community Water Service Co— Deb g 6s 1946 ser A J&D 87 Deb g 5Ms 1946 ser B.„M&S 85 Conestoga Trac 1st 4s 1950—J&J 41% Coney Isl & Bklyn cons 4s '48 J&J 95 Connecticut Light & Power— 1st & ref s f 7s *51 ser A—M&N 134% 1st & ref M 3Ms ser F '66.M&R 110 1st & ref M 3 Ms ser G '66. J&D 108% 25-year deb 3%s 1956...M&S 107% Connecticut Power— 1st & coll trust 5s 1956—J&J 130 Connecticut Ry & Light— 1st & ref 4Ms 1951 J&J 119 Stamped guaranteed opt--J&J 109% Conn Rlv Pow 3% ser A '61 F&A 109% Consolidated Cities L P & Tr— 1st lien 5s 1962. J&J Consolidated Edison Co of N Y— Debenture 3 Ms 1946 A&O 43 Detroit Edison— Gen & ref 4 Ms 1961 ser D.F&A Gen & ref M 4s ser F 1965. A&O 96% Certificates of deposit... / Dom Elec Pow 5Ms 1955 M&S r 105% 14% A&< 109% 43 96 101 112 77 100 106 101 Express— Equip trust to 1941..F&A Equip trust 4 Ms to 1943--M&S Equip trust 4s to 1946 M&8 ullerton-Portsmouth Bridge— '-•'J.'a. 1st s f 6s 1957 alveston-Houston Elec 1st M s f g 5s 1954 opt a. 6a unstamped 1943 ser A—J&D 6a stamped 1943 J&D 101 99 1.75 M&S 0.50% 1.00% 1.25% 52 A&O / 92 96 100% 101 26 / d ex 6 Ms —— '44M&8 Co 5s '49-J&D 1954 M&N 125 ;en 129 r 1st 3%s series A 1969 1st 3 Ms series B 1969 A&O A&O See / 50 Corp— Investing Companies, eneral Public Utilities— 1st M coll tr 6 Ms ser A'56-A&O 99" 99% 98% 1st mtge & coll 6 Ms C55.A&0 102 106% 78 M 96M Corp— Scrip 4s due 1942 eneral Public Service 27 100 M 1st lien & col 5s 1943 ser Corp— A_ J&D 99 120 32 105 106 M 1st mtge 5s 1978 J&D 73 eorgia Ry & Electric— Atlanta Northern Ry Co— 1st guar 58 1954 J&J 104 78% 17 y 1st coll 5s 1963 A&O reat Cons Elec Pow (Japan)— 1st M 7s 1944 F&A 1st & gen 6 Ms 1950 J&J 82 is 83 86 68 reat Lakes Power Ltd— loo" lstsf 4%s 1956 s f 5s 1957 Lakes Utilities Co— 1st lien coll tr 5%s 1942 97% 101%. M&S IIII reen 78 J&D 95 M reat 1 _j 59 reat Northern Power— 1st 5s stamped 1950. ..F&A 107 % Bay & Miss Canal— 1st & ref 4Mb 1953. reen Mountain Power 84 M&N 1st & ref M 3%s Serial notes— -M&S 103 Corp—- 1963—J&D J&D 1940-1953 104M b 102 96 to 65 — 2 70 105 Eastern Shore Pub Service Co— m 5Ms 1947ser A M&S 104% 103% 109 3 Ms 1st M s f July 1. *65.J&J Edison El III (N Y)—See N Y G 110% Edison Sault Elec 4 M®,1961 A&O Elec & Peoples—See Phila R T 106% Edison Elec Ilium of Boston— 103 - Electric 122 Raritan 13% 13% 82% See RivlPublic Serv Trenton RR J burg (Germany) 110% amburg (Germany) Elev Undergound & St Rys 5Ms'38—J&D / Hamilton Gas 6%s Aw w '37 J&D / .amilton Gas Corp— 48 series B 1953 M&S 57% 111 14 50 24% 72 50 60 62 108 83" / 5Mb (Sept'31 coup on)'5l-M&S / est Man & Fair Pass 119% 104 Elec Co— empstead & Oyster BayWater 6% July 1 serially Corp Elmira Water, Light & RR— 1st & con g 5s 1956 M&S A&O Extl g s f deb 7s 1935—M&N / Eliz Plainf & Cent J1 & 1st mtge 6s 1945 ulf States Utilities Co— 1st m&ref3Ms8er D 1969M&N .110% am Pow Corp (Germany)— 1st s f 6Ms 1950 M&S f 1st sink fund 6 Ms 1953—A&O f Electric P & L Deb 5s 2030-F&A Eliz & 105 99 58 i 1.50 b ary 4Mb 111% 108% 87% 1.00 b 5s with warrants 1944.-J&J ~2% 127 88. b _ 55 J&J 95 Ry— I_I IIII Michigan Rys— M&S 103% 90 andy Bridge (Tampa)— 1st mtge s f 5 Ms 1957 A&O Electric & Gas Co— 1st lien coll 5s x-w 1944...J&J 96% 30% 106 83 104% ruit Growers' 106 57% 108 oo 102% Gen Ref m 5s 1948 B ...J&J Ref 6s Jan 1948 ser O—M&S 15 Ref 6s series D Jan 1 1948.A&0 88% 103% Florida Pow & Lt 1st 5s '54.-J&J Florida Public Service Co— 1st 48 series O 1955 J&J 103 110 110% 87% Florida Telep 2d 6s 1954 J&J ontana Un Wat 6s 1935.-J&J 106% 102 97 18 101 Corp— Sinking fund debs 5s 1946-J&D 104% 105 111% 126% Ref mtge s f 3 Ms 1971— J&D 1st ref mtge 3s series P *69. J&D Consolidated Gas Utilities Co— ~ 18 Ry 5a May 1 -- ' ■ 53 51 % 99 Ry—See P hil R T _olyoke Street Ry inc 5s 19 Home Tel & Tel (Ft Wayne;— 1st 68 series A 1943 J&J 43 46 _ 1st 5 Mb series B 1955 Consolidated Gas of Baltimore— Gen g 4Mb Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— 103% 1st mtge 4s series O 1966—J&D 104 77 to o 104 Debenture 6s 1954 ser B— J&D Fed'l Pow & Lt 6s Nov 1,1965.. Federal St & Pleasant Valley Florida Power 76 109% 56% 56% 56% F&A F&A 102 102% 78 E. Kootenay Pow 1st 7s '42.A&0 r 100 East Prussian Pow 6s *53 J&D / 13% Eastern Gas & Fuel Assoc— 1st m & coll tr 4s A 1956.M&S 81 Eastern Iowa Pow 6M« 1943.M&S 101% 1st 106 102% Federated Utilities Inc— 1st lien col tr 5 Ms 1957—.M&S 73 1st M & 1st lien 5s 1955 B M&S Easton Consol El 5s 1949 .M&N Economy Lt & Pr (111) 5s *56. J&D 109% 15 105% 3J4s 1968—M&N Light & Traction— 1st 5s (Amer series) 1942.M&8 1st 5s (Internatser) 1942..M&S Stamped M&S 1st lien g 6s 1942 stpd—.M&S 1942 J&J / 16 Federal Water Service Corp— Conv deb 5 Ms 1954 —M&N 100% 13 1st mtge coll tr 7s 1958 J&J f Adjt 68 due July 1958 A&O Eastern Minn Pow 5M® 1951 M&S Eastern Oregon Light & Power— 30 Ry 5s 1941 A&O eneral Gas & Electric 29 Durham Trac 1st 5s 1941 M&S East Coast Rib Serv 4s 1948 F&A East Jersey St Ry 5s 1944.-M&N 5Msseries A 1951.. 132 Federal Pass 6% 6% 1% / Dumbarton B'ge 6 Ms to *49-J&J Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948..J&J Duquesne Trac—See Phila Co Durham Pub Ser 7s A '49--A&O Eliz Consolidated Electric & Gas— Coll 6s ser A Aug 11962—M&N 91 6% 6% M&S / 5s series B 1953 136 85 A&O A&O General Water Wks & El w s 87 90% 107 r 20-yr s f 6 Ms 1948-'Duluth-Superlor Transit— 89 43 62 ... Dominion Gas Dortmund Munlc Util Eastern 109 Gen 5s Nov 1 Ref 6s series E Jan 1 1948.A&O 105% 88 108% 110% Eastern Mass Street Ry Co— Ref m 4Mb 1948 A J&J .... Rys 1st 6s 1954 Erie Ltg 1st m 5s 1967 Fall River El Lt 92 101% 108% 109% 111% Detroit International Bridge— 1st mtge s f 6 Ms 1952 F&A / Certificates of deposit.. f S f deb g 7s 1952 F&A 1st 5s 1953 32 135 98 19 106% 107% 105% 108% 47 47 3% 3% Eastern Lt & Pow s f 5s 1964 M&N t 103 1st & coll 4s series A 1965—J&J r 98% 88% A&O A&O s 29% 105% 20-year 3Ms debs 1958...J&J 6s series B 1962 Collateral 6s 1957 108% Co— 1st mtge 3 Ms ser I 1968.-J&D Conv debenture 3 Ms 1958.J&J Oom'w'lth EI 5s June 1 '43-M&8 Debenture 3 Ms 1948 Debenture 3Ms 1956 105% 105% 105% \lt* Equit G & E Utica 5s 1942.A&0 Mfg Co (Italy) 1st 8 f 6 Ms 1953 with war M&N Erie & Suburban 4 105 105 Gen & ref M 3 Ms ser G '66M&8 40 Deb g 5s 1952 Deb g 5s 1952 * * f deb 6 Ms 1948—Sf&N / Certificates of deposit / 1st 5s. 1966 M&N 108 93" 108% 104% 107% 68% 101M 105M Conv 6s 1940 J&J 1971 Detroit & Canada Tunnel— 1st mtge s f 6s 1953 M&N / Certificates of deposit...... / - 105 M& Erie J&J 101M — 5s 1952 . Stamped as to Pa tax....... * 105 Denver Tramway Corp— Gen & ref 5s 1950 ser A-..J&J 94% Des Moines Ry 1st Inc 5s Jan 1 *55 / 29% Route Bridge 6 Ms 1952..-J&D / 45 Clear Springs Water Service— 1st 5s ser A 1958 -M&8 t 102 Cleveland Electric Ilium— Gen mtge 3%s July 1, *65.J&J 107% Cleveland Ry 1st 5s A 1945.M&S 102 Coast Cos Gas & Electric— 1st s f 4s series B 1965 M&S 108% Colonial Utll 5 Ms 1958 59 J&D m Erie Coach Co 4 Ms 1959 Erie Co Electric 6s 1959....J&J Cumberland Co (Me) Pow & Lt— 1st mtge 3 Ms 1966 A&O 108% Cumberland Gas 6s w-s 1948M&N / 40 Dallas Power & Light— 1st mtge 3 Ms 1967 111 .F&A Dallas Ry & Ter 1st 6s 1951.J&J 76 Danbury & Beth Gas 6s 1948 F&A 105 Darby Med & Ches Ry—See Phila R Tran Darby & Yeadon 4Ms 1934 / 85 Dawson Ry & Coal 5s 1951—J&J 104 Dayton Power & Light— 1st mtge 3s 1970 J&J 104% Delaware Electric Power Co— Deb 5 Ms 1959 J&J 105% Delaware Power & Light Co— M 4 Ms 1st & ref Ercole Marelli El 109 Co— 1st 5s 1949 M&N Denver Gas & Electric Lt Co— 1st & ref 5s 1951— —M&N 96 111 109% Contln Gas & El deb 5s 1958 F&A , Continental Pub Serv 6s *40-J&D f 9ly* 2 90 Cooper RivBri'gelnc 1st 6s'58M&N Copper Dist Pow 4 Ms 1956-. J&D 100% County Gas (N J) 5s Jan 1 .1952. 85 Crescent Public Service Co— Coll inc 6s B Oct 1 .1954—J&D f 60 Cuban 89 1st Bid 1st m 58 1950 ser A— J&J Empire District Electric Co— 110% 90 71 Water 1st mtge g 4 Ms 1969 &J 1st mtge g 4Ms 1969 .J&J Delaware Vail Util 6s 1952.M&N Denver Gas & Elec Co— Clarksbury-Columbus Short §6s 1942 109 Telep conv 5s 1951 _ 85M 91% M&N d 104% 108 M&N 109% M&N 110% M&N 108% M&N M&N Consumers 5 Bonds Ask El Paso Electric Co— ist collMs series A 1946-..M&N >eb 5 6s series A 1970—A&O 5 4% 4M 4M 4M M M / '/ Bid Consumers Power Co— 1st mtge 3 Ms 1965 1st mtge 3 Ms 1965 1st mtge 3 Ms 1967 1st mtge 3 Ms 1970 1st mtge 3 Ms 1966 1st mtge3IMs 1969 oosac A&O 104M 105 M Valley Street Ry— 1st ext 6s June 1 1947—M&S Houston Elec 1st 6s B 1950.J&D Houston Gas Secure 5s 1952-M&S Houston Gulf Gas— 1st M & col 6s 1943 ser A.A&O Deb 6Ms 1943 with war..A&O 21 101M 101M 103% 103 88% 88% 97 f 14 14% * Called May 1 at 105. t Called May 27 a^ 102. t Called May 1 at 103. b Basis, price includes accrued interest, k Last sale, n Nominal, r Payable in Canadian funds. d Called May 1 at 104%. e Called May 1 at 103. / This MAY, 1940] "and Interest" Quotations for all securities are as near as Bonds Bid Houston Light & Power— 1st mtge 3 Ms 1968 J&D Houston Natural Gas Oorp— 1st m coll 6s *43 with warr.J&D Hudson Go Gas 5s g 1949 M&N Hudson River Trac 5s 1950.M&S Ask Bonds 111M 112M 104M 126M 106 107M 103 r 101M 105 46 M 50 3 75 76M ) * 102M 103 M 114 101M 101 101 99 98 106M 111M ) 100 M 99 M i 1st & ref 5s 1947 ser B. 1st M 4M« 1961 serO. Jot City Hod & Pat—See 102 H 104M / -/ 67 107 H 104 Vs 104 M 100 M r Kankakee Water 4Ms 1959.-J 107 City Gas 1st 5s *40.-F, 1st 6s series A 1942 F. msas Kansas City Public Service— 1st ref 4s series O 1957——J Kansas Elec Power— 1st mtge 3 Ms ser A 1966.J< Kansas Gas & Electric— 107M If > 100 69M . 10 14 103 earn Traction 1st 6s 1948--F&A 80 82 J&J 68 109 Certificates of deposit ®Ms stpd 1952 (25% paid)..._ Sinking fund deb 7s 1938.F&A Inland Power & Light Corp— Coll tr s f 6s A 1936 Coll tr • f 6s 1941 ser B Coll tr 6s 1957 ser O Deb s f 7s 1935... A&O 22 M 7M 8M F Buff Trac 1st 5s 1948 J&D International Telep & Taleg— Deb g 4Mb 1952 J&J Deb 5s 1955 F&A Int-State Bridge 4-0 Ms '50 M&N Interstate Gas & El 6s 1951 ..J&D Interstate Power 1st 5s 1957-J&J Deb gold 6s 1952 ....J&J Interstate P 8 (Ark) 6s 1940 M&S Interstate Rys 4s 1943... .F&A Interstate Tel & Tel 5 Ms 1953J&J Investors Telephone 3s 1961. J&J „ Iowa Electric Co— J&J 4s Oct 1 1940 4s Apr 1 1941 4s Oct 1 1941 1943. 1944. 31 33 M 33 H si* 79 36M 39 M 70 34 M 38 43 67 M J&J J&J Lincoln Gas & Elec 5s 1941..J&D Lockhart Power 4 Ms 1955. -J&D 26M 84 Lombard Elec Co 1 st extl 7s 1952 37 39 M 75 66 M 44 M 3 102* 1st s f 5s 1968 Conv deb 5 Ms 1953. 37 5 103 M 68 M 102M J&D Lone Star Gas 3 Ms debs *53 F&A Long Beach Gas 1st 5s *56..J&D Long Island Lighting— Secured g 6s 1945. J&J Conv deb g 5 Ms '52 ser A. A&O Los Angeles Hermosa Beach & Redona Ry—See Pac Elec Ry Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 1st ref s f 5s ser A 1948 A&O 1st ref s f 5s ser B 1950-- -A&O Louisiana Pow & Light Co— 1st mtge 5s 1957 J&D Debenture 6s 1960 1st mtge 3 Ms 1969 1 M&N F&A at 102M- Canadian funds.' 42 50 M M 9M .... 87 107 M 60M 99 M 99 M 61M 101 M&S F&A 70 103 H 65M 107 % 104M 67 107M 63 60 104 M 104 32 104 M 105 34" 104M 107 107M 4s Aug 4s Aug 1 1 1 1 1 1 1 1 1940.. 1941 1942 1943 1944 1945 1946 1947 1 1948 109M HIM 109 91 93 5M 6M 6 7 20 > 21 '• 28 22 M 25 35 88 M 106M 103 % 103 M 100M ... 103 104 104 102 102 101K 101M 101M 41M 102 M&S J&D 101 Michigan Public Service Co— 1st g 5s 1947 ser A A&O Middle States Util 6s A1951 A&O Middle West'n Telep 6s '43..J&J Middlesex Elec Light Power— 101M 58 M 102 % 102 102 M 60 M 91M 128 5s 1955 J&J Middlesex & Somerset Traction— 5s 1950 J&J Midland Util deb 6s 1938...M&S Milwaukee Gas Light Co— 1st M 4 Ms 1967. M&S 90 45 45M 103 H 103 M Minneapolis Gas Light Co— 107 108 106M 103 M 106 H 103 M 103 H 103 M 104 1st mtge 4s 1950 J&D Minnesota Power & Light Co— 1st & ref 5s 1955. J&D 1st & ref 4Mb 1978 M&N 1st M M&S J&D 5s 1957 104 % 109M Mississippi River Pow 5s '51 .J&J Deb 5s May 1. 1947 M&N Missouri Edison 1st 5 Ms '47 J&D 105 101 Missouri Gas & Elec Service— 1st 4-5s 1956 A&O Missouri Power & Light— 1st mtge 3Ms 1966 .J&D 94 97 108 Missouri Public Service Co— lstsf 5s 1960 F&A Missouri Telephone— 95 M M&S 102 M 4Mb series C 1961 Missouri 6s 96 % Val Public Service— _J&J f 1939 Mobile Gas Service Corp— 1st 5s 1956 A&O 98 80 M 79 82 M 81 1st cum Inc 9s ser A '56—A&O Income 7s 1956 A&O Mob Lt & RR Cons g5s '41.M&S 1100 107 M 107 M Mohawk Valley ref 6s 1991 M&N Debenture 6s 2031 A&O 108M 109M Monmouth Cons Wat 5s *50. J&D 122 100 60 106M \ 101 97 102 80 83 60 75 101M Monongahela Light & Pow Co— 63" 107M J&D Monongahela Valley Water— 1st M 5Ms 1950 series A.-J&J Monongahela West Penn Pub Ser 1st & gen mtge 4Mb 1960.A&O Debenture 6s 1965 A&O Montana-Dakota Utilities— Conv deb 4 Ms 1946 A&O s .... Luneburg Pow L & W W (Germ'y) 105 106 46 111M 108 H Mar 1952. 1st & ref 5s 1955 105 f g 6Ms 1944.-F&A / .... Lower St Lawrence Power— 1st a f 5s ser A 1955 A&O r 100 110 43 Mississippi Power & Light— 95 94 % Lowell Gas Light— 1st mtge 4 Ms ser A 1960.M&S Lower Austrian Hydro-Elec— 108M 20 A&O M&N E 1st M 5s 1949 1st 4 Ms Aug 1 1942. General 5s 1950 107 50 103" Mississippi Power Co— Louisville Ry— 1st ser 1st & ref 6s 1943 1st M 5s 1956 47 (Italy)— Louisville Gas & Elec Co (Ky)— 1st & ref M 3Ms 1960 M&S Louisv Ltg 5s '53 unstmpd.. A&O 100 H 100 101 101 Michigan Gas & Electric Co— 48 St 102 57 66 J&D 101M ser C '42.F&A E 1955 J&D 86 84 Leipzig Overland Power— 8 f mtge 6 / 13 ' Lewtston Gas 3 Ms O *56.A&O 100 108 Lexington Ry 1st 5s 1949 J&D Lexington Water Power Co— 97 100 101 1st) & ref 5s 1961 ser B M&S Iowa Pow & Lt 1st 4Ms 1958 M&S Iowa Public Service Co— Deb 5s 1968 M&S June 101 J&D 102 1944. 82 M 98 1st extend 4s 1945 Ref & lmpt g 5s 1960 1st extend 5s 1945 77 67 H notes— 4s Aug 4s Aug 110 68 % 76 66 Mex Lt & Pow 1 st 5s *40 s f_ .F&A Mexican Utilities 7s ext'49._ A&O 2 Lake Superior District Power— M 104M 101 Metro Wat Sewer—See Fgn bds Metropolitan West Side "L"— 1st gold 4s 1938 _F&A Exten gold 4s 1938 J&J Mexican El L 1st M g 5s *42. J&J 12 Lehigh Valley Transit— 68 100 April Ann Meridionale Electric Co— lstsf 7s 1957 ser A 4s Aug 4s Aug 9 1 107M 107 101 1st s f 7s 1940 ser A Q Jan Certificates of deposit Maryland Light & Power— 1st M 5 Ms 1950 ser A J&J Maysville P Serv 5 Ms A 1942A&O Memphis Street Ry— 3-58 series A1945.. A&O 4s Aug 4s Aug 83" 102 Iowa-Ill Telep 2-5Ms 1949--A&O Iowa-Nebraska Light & Power— 1st lien & ref 5s *57 ser A..M&N * Called / f 14 106 Market Street El Pass Ry— See Phlla Rapid Transit Market St Ry (San Francisco)— 106 X 47 M 32M 74 H 74 % 102M 102M 102M 1945. 1945. 4s Apr 1 1946 Iowa El Lt & Pr 7s i 31M 74 M 74 M J&D f Ref & gen 6-4 Ms ser B 1900 J&J Ref & gen 4s series C 1967.J&J 102 43 M 42 39 H 53 46M 85 M Mich Fuel & Lt 6s A 1950.—J&D 78 M 77 Vs 38 M 83 44 M 1st mtge 3 Ms I960 __F&A Maritime Electric 4 Ms 1950.A&O Gen s f 5 Ms 1956 A&O Maritime Telephone & Tel— Serial 41 77 M 77 M 83 X 82 % 49 Michigan Associated Telep Co— 1st mtge 4s ser A1968 M&N Michigan Consolidated Gas— 1st mtge 4s 1963........M&S 102 102 Apr 1 1942. Payable in 167 83 Ret & ext 58. 93 100M 101M 4s Oct 1 1942. 4s Apr 1 1943. ser / / 23 M J&J15 International Railway (Buffalo)Ref & impt 3-5s 1962....M&N 1st mtge 4s Debentures 6s 1948 Laclede Gas Light Co— M&N F&A A 1901 notes—. Lackawanna & Wyoming Vj 1st 5s 1951 83 M A&O 15-year s f 7s 1941 Marion-Reserve Power— 105 M 61 6M Manitoba Power Co Ltd— 1st M s f 5Ms *51 ser A.—J&J 1st M s f 5Ms 1952 ser B..J&J Mannheim & Palatinate Elec Cos Works— A 1958 / J&D / ser Water ser 59 M 59M 57 M 57 M 58 12 _ E 1st 5s 23 M 23 M International Hydro-Elec System Conv deb 6s 1944 w w A&O Internal 1 Pow Ltd 6Ms 1957M&S Deb 6s 1957 M&S Debentures 6s 1955 J&J International Power Sec Corp— 6M% sec bonds 1955ser O J&D 4s Oct 1 4s Apr 1 4s Oct 1 4s Apr 1 4s Oct 1 Kokomo 101 10 1st & ref g 5s '66 op tax-ex. J&J Certificates of deposit 0% notes 1932 A&u Certificates of deposit Conv g 7% note 1932 M&S Certificates of deposit., Intercontinents Power Co— Debs A 6s 1948 1st ref 6Ms 1954 22 M 22 M I.M&S J&D Inland Telep 1st 6s 1948 A&O Inter borough Rapid Transit— 4s 105 106M 108M Kings Co Ltg 1st ref 5s *54. 54 M Ann O / Certificates of deposit 2d gold 4s 2013 J&D Certificates of deposit Manila Elec RR & Ltg Oorp— 1st lien & colltr 5s 753 M&S Miami Bridge— Income deb 6s (w-s) 104 101 71 107 73 101 1st income 3-0s 1957 w ■ An Oct 4s Aug 1st mtge 3 Ms 1960 J&J Indianapolis W W Sec Co— Secured 5s 1958 ...J&J Inland Gas 6 Ms 1938 F&A A 1959 2d Income 4s 1963 w ■ Manhattan Ry (N Y)— Cons 1st guar 4s 1990 101 Indianapolis Ry 5s. 1967 Indianapolis Water— Serial 98" 165M 103 1st 4s 103 103 M 103 M _ 102 ser 102M 106 103 M 101 48 Aug 1 1946 4s Aug 1 1947 4s Aug 1 1948 Sec 7s 1952 101M Keystone Public ServiceKeystone Telephone Co— 1 st & ref 5 Ms 1955 ser A. 1st! & ref 6s 1951 serB—. Kings County Elec Lt & Power- 102 ser 1st mtge 4s ser G 1965 M&N Metrop Edison Corp 6s '61 .M&S 102M 102M 104 103 f 4s 1st M 4s 1971 30% 96 102 ... s Metropolitan Edison Co— 1st M 4MB 1968 ser D...M&S 1% 104 1955 106M 100 3 Ms Aug 1 1944 3 Ms Aug 1 1945. ser 92 100M r S f mtge 4 Ms 3 Ms Aug 1 1942 Sec 7s 1957 103 H 112 X 101M 3Ms Aug 1 1943 _ 129 _ 7 72M 70 H 106M 1st 3-5s series B1945 M&S 5 Ms 1948 ser B m M&N Macon Gas 1st mtge 4 Mis *52. J&D Macon Ry & Light 1st os '53-J&J Manchester Terminal— , Kentucky Utilities Co— & Light— 105M 38M 110 Kentucky Power & Light Co— 1st 1952—.A&O f 110 103 Kentucky El Pr lstsf 0sl96OJ&J r Kentucky Fuel Gas Oorp— 1st 6Ms 1942 stamped J&E)/ Kentucky-Ohio Gas Co— Otfs indebt 2s 1958——J&E \f 69 102 105" HIM Kansas Power 4s series A *64 J& Kansas Power & Light Co— 1st mtge 3 Ms 1969 — J&*r Ask Quebec Power— _ t . 6% conv notes 1940 J&D Indiana Telep 5s A 1960 J&J Indianapolis Columbus & South- 11 106M > 99 M 1st mtge 5s 1958 sot A M&N Indiana Pr 1st 7Ms '41 A .M&N 112M Indiana Ry & Lt 1st 5s 1943.J&J t 105 Indiana Service Corp— 1st & ref M 5s Jan 1.1950. J&J 68 M 1st 1 & ref 5s 1963 F&A 68 Indiana & S W Gas & Util— 44 39 8 105M 103M 103 M 108M 37 95 92 103M 104M 127 M M&N / 143 w 55 105 1 Indiana Gas Utilities 5s 1940. J&J Indiana Hydro-Electric Power— X 3M 53 > 112M 65M 100M 48 2M 108 107M 106M M&S F&A 48 U 103 M Indiana Assoc Telegraph— 1st mtge 3 Ms ser A 1970..F&A Indiana Central Telephone Co— 3 Ms 1st mtge 1968 Serial notes— 3s Aug 1 1940 3s Aug 11941 Gas— James River Bridge System— 1st 2-6s, 1967. -J 103 Illinois Power & Light Corp— 1st & ref 6s 1953 series A—A&O 1st & ref 5Ms 1954 ser B..J&D 1st & ref 5s 1956«er O J&D 8 f deb 5,h» 1957 Jacksonville (Fla) 102 100 112 1st 5s series A 1948 M&S 1st mtge 5s 1960 ser B—.M&S 111 Community Tel 6s 1949.. J& J r 103 M 107 r 100 3M« 1953 3s Aug 1 1948. A&O Idaho Power 1st 3 1967—A&O Illinois Bell Tel 3 Ws B '70—A&O Illinois Commercial Telephone— Indianapolis Power 102H I McLaren 25-yr s f 5M" 1953 ser A__ Italian Superpower Oorp— See Investing Companies. A&O F&A Indianapolis Gas 5s J ser Bid Bonds A... Deb 6s 1950 103 J&J J&J A&O 3 Ms 1947 2Ms 1942 , Ask Island Gas & Electric— (Ontario) 3 Ms 1943 4 Ms due Jan 1.1970 1st lien coll 5 Ms 1938 Bid 82 1st mtge 6s series A 1954. _M&8 1st M 5s 1954 ser B M&S 1st 5s ser O 1962 .A&O Hydro El Bond & Sh 5s 19571M&N Hydro Elec Power Commission . where marked "f" and Income and defaulted bonds possible for tbe closing day of the month preceding the date of Issue except Iowa Southern Utilitieslsi& ref 5Ms 1950— 1st & ref 5 Ms July 1 ' Huntington Water Corp— . 75 PUBLIC UTILITY BONDS bond prices are NOTICE—All 1st Msf 7s 1948 M&N / 14 Luzerne Co (Pa) Gas & Elec— 1st ref&imp g 5s'48 op'13 A&O 108M 1st & ref 6s 1954 M&S 108 M Debenture 7s 1944-116 —J&J 101 110 110M 110M 111M 101M 106M 102 M&N 3Ms 1966..J&D 101M 102 1st mtge s f 4 Ms 1954 Montana Power— 1st & ref mtge 122 102M Montreal Isl Pow 5Ms 1957 M&N Montreal Lt Ht & Pow Consol— 1st & coll s f 3 Ms 1956 1st & coll 3Ms 1963 1st & coll 3 Ms 1973 Conv notes 3s 1949 F&A J&J f J&J r J&J r 106 97 H 96 H 94 M 99 98 M 97 95 M 99 M 104 105M 106M t Called July 1 at 105. t Called May 25 at 101M- & Basis. /This price includes accrued interest. A: Last sale, BONDS UTILITY PUBLIC 76 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 montb preceding the date of issue Ask Bid bonds Montreal Tramways— 1st & ref g 5s 1941 opt—--J&J Gen & ref 5s 1955 series A. A&O Gen & ref 5s 1955ser B...A&0 Gen & ref s f 4 Ms *55 ser O A&O Gen & ref 5s 1955 ser D.A&O 72 m 75 m 52 m 56 79 48" 56 70 m 105m 87 m Morgantown Water 5s 1965—J&J Mount Hope Bridge 5s 1969-J&D 2d income 8s Dec 15 1969. ... 93" 27 25 Mountain States Tel & Tel— 109 m 109 30-yr 3Ms debs 1968-----J&D Muncie Wat Works 5s 1965.M&N 105 m Municipal Gas & El Corp of Reckinghausen 7sl947 —J&D / Mut Fuel Gas-See Peoples GL&C ^ 13 Bid Bonds New York Telephone Co— 96 See N Y Gas Elec Lt & Pow 110 3 Ms debentures 1949 107 m 57 49 106 .F&A .-F&A 106 m 106 m North Boston Ltg Properties 104 m 3MS secured notes 1947-.-A&O North Carolina Gas 6s 48.-M&N / 1 98 112m 108 m 20 25 24 24 m mH Nebraska Pow 1st 4>M* 1981-J&D Deb 6s 2022—. £t M&S Nev Calif Elec 1st 6s 1956—A&O 127 m 78 m 96m Deb 6s July 1941 J&J New Amsterdam Gas—See N Y 111 m 128 79 m 98 m GELH&P 124m 117m 101m Newark Cons Gas con 5s *48.J&D Newark Gas 6s Apr 1 1944--Q-J Newcastle (City of) W 5s '41 J&D New England G & E Assoc— 103 m 105 3 45 m 1957 .-M&N 99m 100 m 90 m 91m North Shore Gas Co of Illinois— 82 105" 99" 106 % 61 & Passaic Gas & Elec consol gold 5s 1949 M&S Paterson & State Line Traction— 5s 1964 J&J 129 130 Paterson Ry—See Pub Serv Com Pecos Valley Gasext6 Ms '44M&N 105 m 1st 1st 5s 1952 series 100M 108 m M&N 126M J&J r * J&1 A..A&O 1st & ref 5s 1955 series B—J&D 5s stamped 1942. ...J&J 1st & ref 5s 1952 series Northwestern 6s series B 1950..-.F&A Northwestern Penna Gas—... , , 1st cum income 5s 1953..A&O / Northwestern Power Co Ltd— 1st M s f conv 6s '60 ser A.J&J 80 M 108 101 105" 104 1st M s f 4s 1957 NY PA NJ Utilities- 18 107 104 101M 115 106 107 98 H 96 100M 101 109 109M 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 125M 116M New Amster Gas 5s 1948—J&J NY & ER Gas 1st g 5s 44—J&J 121M 112M NY&Westch Ltg 4s 2004--J&J Deb g 5s 1954 op guar - J&J N Y & Queens Elec Lt & Pow— 1st & cons M 3Ms 1965--M&N New York Rys Corp— - 106 H 114 1st con 4 Ms 1962 ctft—..M&N / 1st con 6 Ms 1962 ctfs M&N f 106 <o oo eo SfSS 107 103M co 105 oo » 109 8M SH 8M 8M J&J 106 M 106 H 109 105m 107 m 108 105 m 108 96 97 m 91 92 m 69 109 72 108M 109 h 109 105 105m 106M 107 107 ih 106M 106 h 96 m 95 88 92 90 95 22 m 113m 117m 96 M 114 iii F&A Ms 1966 1946 A 38 85 109 105 M 106 M J&D 109 109M J&D 106 w w 98 m J&D 1954 26 M&N M&N M&N F&A 103 m 102m Philadelphia Company— Secured gold 5s 1967 106 M J&D 8 Ardraore Street 5s 1958.-A&O 107 m Duquesne Lt 1st 3 Ms '65.J&D 12 Duquesne Trac 1st 5s '30-J&J!/ Pittsb Rys 5s 1953 85 A&O, J&D1/ 2d Ave Tr 1st 5s 1934 13 So Trac 1st & coll tr g 108 H 109 M 103 104 M 28 5s'50A&0 / 9m ctfs..J&J,/ 5 West End Trac con 5s '38.J&J Philadelphia Electric— 1st & ref mtge 3 Msl967—M&S Philadelphia Electric Power Co— 1st mtge 5Ms 1972 F&A Phila & Garretsford St Ry— 1st 5s 1955 F&A 106 X 107 m 15 11 7 13 „ F&A 26 2 82 83 61 105 M 104 M 49 H 117 H 64 110M 111 112 112m 59 m Philadelphia Rapid Transit—• Coll tr g 5s 1957 opt s f— -F&A 101 M&S M&S 101 S f guar hef '16-M&N 6s gold 1st m r 5s 1962 1962 92 J&J 102 Darby Media & Ches St Ry lst4Ms 1936 J&J / 25 e 60m 102 m 6s 1944 101M 103 m „ 96 r r 99 98 100 103 m Serial notes— A&O 104 m 104 m 101 United Trac 5s 1997 Oregon Elec Ry 3s 1958 M&S Oregon-Washington Water Serv— 1st M 5s 1957 ser A J&D Ottawa El Ry 4 Ms *48-'55.J&J Ottawa Light Heat & Power— Ref & coll tr 4s 1957 A&O 105 « 100 ^ 91 105 1940-1948 f 5s 1st consol 4s 1948.. J&J 3-3 Ms 20 104m F&A w w Prior lien 5s 1948— 1st con 5s 1948 1st & ref 5s 1950 Ontario Pow 5s '43 op to '13.F&A Ontario Transmission Co Ltd— 1 st gu e 5s *45 opt s 1649 102 m ref 5s '41-J& T / Apr 1 / Old Dominion Pow 5s May 15 *51 1st extd 4s 1947 118 Peoria Water Works Co— 103 1 st mtge 3 Ms ser B 1955._F&A Oklahoma Power & Water— ser . 100 M 98 m F&A F&A 119 . 1st 1940 99 117 _ 1st lien 68 A Oklahoma Ry 1st & Income 5s 1990 ... New York Steam Corp— 1st mtge 3 Ms gtd 1963 3s 1st M 5s 1948 105M 107 M 106 M Peoria Service Co— Omaha & Council Bluffs St Ry— F&A M&S M&S M&N 1960 Stamped 109 Debentures 4s N Y State El & Gas Corp— 4Mb 109 m 108 m 1st mtge 3 9 Peoples Gas (N J) 1st 5s '68. J&D lstsf5Ms i960 J&D Peoples G & Fuel 6 Ms ww'37 A&O People's G L &i Coke. Chicago— 1st cons g 6s 1943 A&O Refunding gold 5s 1947 M&S 1st & ref 4s 1981 ser B J&J 109 m 109m Oklahoma Natural Gas— 108 Refmtg & coll tr 3^81964 J&D Ref mtg & coll tr 3 Ms '70--J&J ser A *67-F&A Penn Wat Serv 5s F&A 109 m 104 m 107 m 109 m Oklahoma Gas & Electric— 109 M B'way & 7th Ave 5s 1943- J&D / 1st 112 1962..-A&0 115 106M N Y & Richmond Gas Co— 1st mtge 3 Ms 1964 New York State Rys— 81 M&N F J&D 1943 J&J Ohio Valley Water 5s 1954—J&J Ohio Water Serv 1st 4s 1964.J&D 113 Prior lien 6s stpd 1958 104 J&J 85 Adl Income 6s Jan 1 1965..Apr Bleeck St & F F 1st 4s *50-J&J / 38 1st mtge 4s 1965 1st M 4Ms 1980 101M H 110 107 h Co— A&O e 7 Ms _ A—M&N 95 ser 108M 107 & Power Co— — 122 M 117M Electric 1st mtge 3 Ms 1968 109 4s 1945-1947 F&A Ohio Term (Cleve) 6s 1947--J&D Ohio Valley Gas Corp— 1 st 6 Ms 1943 (with warr) 149 F&A B Deb g 6s 2024 107 m M&N 1st mtge4s 1967 M&S 1st mtge 3 Ms 1972 J&J Ohio Elec Pow 1st M 5s *57-J&D 3M-3Ms 1941-42 3 Ms 1943-1944 110M N Y Gas Elec L H & P Co— ..J&J 100 106 M Ohio Public Service Co— New York Edison Co— 100 M Pennsylvania Gas & Elec Co— 1st 1 & ref 5 Ms '55 ser A—M&S 1st L&Ry 5s 1958 M&8 Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A M&S Pennsylvania Pow & Light Co— 1st mtge 3 Ms 1969 F&A 4Ms debentures 1974 F&A Pennsylvania State Water Corp— 1st coll trust 4M« 1966--M&N Penn Water 1st 3 Ms A *67 F&A Penn Water Ohio Power Co- 104 ser ser 63 22 F&A M&N A 1st & ref mtge 4s ser D '61 - J&D Mutual Fuel Gas g 5s' 47 M&N Peoples Light & Power Corp— 1st lien 5 Ms 1941 —J&J Conv deb 5s 1979 J&J Peoples Light & Power Co— 1st lien coll 3-6s 1961 J&J Peoples Telep (Butler, Pa)— ■ 4s I960. J&D Peoples Tract—See Phila R T Peoples Water Service (Md)— 1st mtge 4s, 1962 Notes— 1965. A&O 65 65 90 r 100 11 79 1956. F&A Oberpfalz Elec 7s 1946 J&D / 13 Ogden Corp 4 Ms debs 1944. .J&J i loo 111M Ogden Gas 5s 1945 M&N Ohio Assoc Telep 4 Ms 1966. J&D 106 Ohio Cities Water Corp— 1st M coll tr 5 Ms '53 ser A.J&J 100 m 1st & cons 4s 1965 104 NYGELH&P1 1st lien & ref 3 Ms ser E'66 A&O J&D 1st & ref 5s Ohio Edison Co— _ 1959 ser Pennsylvania Deb 5s 104 M 103 X 6s 1950 12 9m 9M 90 60* 104 89] 613 15 102 107m 11 105 m 31 126 105m 88 m 60 99 28 110M 111m 106 103 m Penn Public Service Corp— 1st & ref 6s ser O 1947 M&N 1st & ref 5s series D 1954 .J&D ;bm Certificates of deposit— Northwestern Pub Serv Co— 107 107 103 M 1st ref M 68 1951 ser 5s g'45-A&0 Light & Power— 1st M 5s ser A 1957.—-J&J N'western Teleg 1st 4Ms *44. J&J Nova Scotia Light & Power Co— 100 M Consolidated 4 Ms 1954 J&J Newport Gas Lt 5s A 1961--J&D Newp News & Hamp Ry G & E— 1st & ref 5s 1944 J&J Newport Water 5s 1953 M&N d New Rochelle Wat 5 Ms '51.M&N 1st 5s series B 1951 M&N N Y & East River Gas—See Union El (Loop) 100M Nov 1949 ser A—J&D / 102M Con 5s 1945 / 117 79 g 1st & ref 4s 1971 1st M 6 Ms 1936 with warr. J& m M&N 1979— Deb 5 Ms 18 Gas- 114 107 H 1st s f 7s 1946 M&S / New Orleans Pub Service Co-— 1st 1 & ref 3 Ms ser D » J 107 M Lake— Newport & Fail River 8t Ry— J& 106 M New Orleans City RR 5s*43 J&J New Orleans Pontchartrain Bdge Inc 6s M&N 1 '69/ 115 ...J&J f 5s 1943 J&J f 112 A&O M&S M&N N J & Hud Riv Ry & Ferry—■ 1st gold 4s 1950 M&S N J Pow & Lt 1st 4Kb '60—A&O ■ 100 ^ New Jersey Water Co— 1st mtge 5s 1950 F&A New Mex Gas conv 5s 1951 M&N New Mexico Power— Louisiana 5s Penn-Jersey Water— 1st coll 5Ms I960 Penn-Ohio Edison Co— Deb Northwestern Electric— 1st 6s stamped 1945—--M&N v 105 Northwestern Elevated (Chic)— 1st mtge 5s 1941 opt 9m M&S Power— 1st & ref 4 Ha B 1970 1st & ref 4 Ms O 1981 4 Ms 1983 1st 127 M 128 M&N New Haven Water— 1st mtge 58 1958 New Orleans City & 8 freg income 3-6 Ms May N'west Cities Gas 6s 1949 Northwest A...—-J&D 1st 4 Ms 1961 ser B Newfoundland Light & lsts f 4Mb 1956— 110 Utilities Co— 1st lien 4-6s 1968 M&S 104 17 m Power & Light Co Pecos Valley 126 m Northern 1st 110 Paterson 110K 68 —J&D - 1952-.-A&O Paterson Ext extd 5s 1950 J&D Parr Shoals Pow 5s 110M 98 m Deb 5M* 1954 95m 109 H mtge 3 Ms 1964 Northern Texas Elec Co— Coll tr s f g 5e 1940 opt New England Power— 3 M" series A 1961 New England Tel & Tel— 111M Northwest Pub Serv— deb 6s 1950 M&S f 15m Pacific Power & Light Co— 94 h 1st M 5s 1955 F&A Pacific Telephone & Telegraph— 110 -Ref mtgle3 M« ser B1966. A&O 111M Ref mtge 3 Ms ser C 1966-J&D 109 m 69 75 Pacific Northern States Power (Minn)— '1st & ref M 3 Ms 1967. F&A Northern States PoWer (Wis)— 69m 49 109 m 1st & ref M 3 Ms ser 11966. J&D Pacific Light & Power Co— 1st 5s, 1942 J&J Penn Central Light & Power Co— 1st & ref 4 Ms 1977 M&N 68 Vs 52 47 m 90 108 M 106 67 m 30m 112m 112m 1st extended 6Ms 1950..M&N Non-cum Inc deb 6s 1950-M&N 67 m 67 50 27 m 52 112M 111M 109m 102 J&D Conv deb 5s 1950 M&N Convertible deb 5s 1962—J&J New Engl Pow Assn 5s 1948.A&0 101h 106 48 108m Northern N Y Utilities Inc— 1st lien & ref 7s 1946 A M&N 1st lien & ref 6s 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 . 103 M 1st & ref M 6s 1941 ser B.J&D 106 M 57 x Northern Indiana Pub Serv— 1st 3 Ms series A 1969 F&A Nor Indiana Telep 4 Ms '55.M&N ..M&S Deb g 5s 1947 Oonv deb 5s 1948 - Ask Conv 45 m Joint 1st mtge 4s ser A '42-J&J North Texas Co 3-6s 1957—J&J North Ind Gas & El 6s *52.-M&N , - A.J&J 1st M & lien 5Ms 112M 107 m . (Minn)— J&J 1st mtge 3 Ms 1969 M&S Ozark Power & Water Co— 1st s f 5s 1952 M&S Pacific Elec Ry g 5s 1942 J&J Refunding 5s 1961 M&S Calif Pac Ry 1st 5s 1941 J&J Los Angeles Hermosa Beach & Redona Ry 1st 5s '42 M&N Los Angeles Pacific Co— 1 st ref g 4s 1950 opt '15. J&J Gen cons 1st 5s 1946-.J2&J Los Angeles Pacific RR— 1st & ref mtge 5s 1943.M&S Pacific Gas & Electric Co— 1st & ref M 4s ser G 1964. -J&D 1 Bt & ref M 3 Ms ser H '61 J&D 101M 1st coll & ref 5 Ms '48 ser North Penn Gas Co— 102 National Power & Light— Deb 6s series A 2026-„-,~-1 Deb 5s 2030 ser B .\.M&N National Public Service Corp Debenture gold 5s 1978--F&A Certificates of deposit Nat Toll Bridge 6s stmp *39-J&J 107 108 m North Central Gas 5 Ms 1955 A&O North Continent Utilities Corp— m Bid Otter Tail Power Co 1st mtge 4s 1961 _ 62 m 55 107 m 4s debentures 1959 F&A Nor Amer Gas & El 6s 1949..J&J / 27 North Amer Light & Power Co— 102 m 8 f deb 5 Ms 1956 J&J 98 5s stamped 1978 J&J Nat Gas & El Corp 5s 1953.F&A 5s series B 1947 -J&D Nat Lt & Pow 6s 1949 M&N 110m North American Co— 110 1st 5s 1951 M&N Nassau El RR—See Bklyn Queens Nassau & Suff Ltge 5s 1945--F&A National Electric Power Co—• 111 95 m Niagara Falls Power— 1st & ref 3 Ms 1966 M&S Niagara Lockport & Ont Power— 1st & ref 5s 1955 ser A A&O Nippon Elec Pow Ltd (Japan)— 1st mtge 6Ms 1953 J&J Norf & Ports Bdge 6 Ms '47--F&A 3Ms debentures 1954 Mutual Un Tel—See west Un Tel Narrangansett Electric Co— 1st mtge 3 Ms 1966 J&J Nashville Gas & Heating Co— 110M Ref mtge 3 Ms ser B 1967—J&J N Y Water Service Corp— 1st M 5s 1951 ser A M&N N Y & Westchester Lighting— Bonds Ask 98 - Eairm— 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&O / Hest Mantua & 88 99 99 m 14m People's Traction Co— P P Ry tr ctfs 4s '43-F&A 20 1952.J&J 95 _ Union Traction 4s * Called June 18 at 101. k Last sale, n Nominal, r 100 J Called May 18 at 100. b Basis, d Called May 1 at 105. e Called June 1 at 104M- / This price includes accrued interest. Payable in Canadian funds, a: Called May 1 at 105. y Called May 1 at 103. 77 PUBLIC UTILITY BONDS MAY, 1940] bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue NOTICE—Ail Bid Bonds 6334 Scrip. 1st & ret 4s 1960 ....J&J Phlla & West Chester Traction— 1st 4s 1954 J&J 1st 6s 1954 J&J f 6s series J&J A 1953 r Piedmont Hydro-El Co (Italy)— 1st & ref b 16 Mb 1960 ser A A&O 8934 434 100 43 34 Pinellas Wat Co 101 8 53$s 1959-M&S Pitts Canonsburg & Wash 5s 1937 Pittsburgh Rys—See Phila Co Pittsburgh Suburban Water Serv M&S 1st 1 & ref 5s 1958. 68 40 50 Phila & Western Ry 5s I960-J&J / Philippine Long Distance Tel— s 6434 88 J&J 2039 4434 104 11 103M 12 Pittsburgh Trac 1st 5s 1927-A&O Plainfleld-Un Wat 5s A '61.M&M Platte Val Tel 1st 434s '58-M&N Pomerania Elec 6s 1953. _M&N 107 M 101 12 21 2134 Portland (Ore) Gas & Coke— 1st & ref k 5s '40 opt *20.-J&J 91 92 87 8834 Stamped. 89 103 102 Porto Rican M&S J&J 73 99 80 98 M 10434 Rys Ltd 5s 1962M&N Telep 6s 1944—J&D Postal Teleg & Cable 5s '53-J&J /. Potomac Edison Co— 1st mtge 5s 1956 ser E—M&N 1st M 4Mb 1961 series F..A&0 Potomac Electric Power— 3 Mb 1966 J&J power Corp of Canada Ltd— Conv deb 4 34s 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 B 1963 F&A Provincial Light Heat & Power 5s 1916 M&S 1st Bid | M&N/ 15 M&N / 14 F&A / 14 A&O / 14 Richmond (Ind) W W Corp— 1st M 5s 1957 -M&N 10534 Richmond (S I) Lt & RR— 1st coll tr b 4s 1952 105 J&J Rio Grande Valley Gas Co— 1st mtge 5s 1950 A&O 8734 Roanoke (Va) Gas Light— 1st 5 34s 1951 84 F&A 105 Roanoke Ry & El 5s 1953.-F&A Rochester Central Power Corp— Deb g 5s 1953 71 M&S Rochester Gas & Elec Corp— Gen mtge 43as 1977ser D.M&S 12234 Gen 334s series H 1967—-M&S 108 Gen mtge 334s ser 1 1967.M&S 10934 Gen mtge 3 Mb ser J 1969.M&S 10934 South Jer G E & T—See Pub Serv Ice Cor Southeastern Gas & Water Co— 1st lien 6s 1944 J&D / 15 59 1st lien 6s x-w 1941 J&D Con mtge 6s 1953 Cons 6s 1955 101 M&S Koch Ry cons 5s g 1930 A&O / 2d 5s g 1933 ctfs of dep...J&D / Rochester Transit Corp— S f 434sinc A notes 1958.M&S'/ 6034 S f 4Mb inc B notes 1958.M&S / 4834 Rome (Ga) Ky & L 5s *46 A&O 106 Ruhr Gas Corp 634s *53 A—A&O / 19 Extend 5a 1951 3s debentures 1979 10634 2234 10834 2334 H 110 vHtH H oo 109 11034 1948— .M&N 101 A&O Safe Harbor Water Pow Corp— 1st mtge s f 43*s 1979 J&D Saguenay Power 4 34s A 1966 A&O 1st 4 34s series B 1966 A&O 8t Clair County (111) Gas & El— 1st cons guar 5s 1959 M&S St Joseph Ry. Lt Heat & Power— 1st mtge 434s 1947 J&D 104 Serial —— 111" 11034 8034 6334 5134 35"" r 103" 108 115 10934 9134 13 16" 46 10634 10534 10634 10634 M&S 15 1964—/ 6334 10 Serial debentures— 3 Ma Sept 1 1940. 3 Mb Mar 1 1941 1 1942.. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 10434 105 1942 1943 1943 1944 1944 1945 1945 1946 1946 1947 1947 1948 1948. 1949 1949 6434 1034 4s Apr 4s Apr 102 4s 4s 99 M 99 98M 98 9734 Public Service Co of N H— F&A J&D Public Service Corp of N J— Trust certs 6% perpet-.-M&N 1st 3 Ha series E 1961 1st 334 s series F 1966 Sub 1st 5s 1946. J&J Eliz Plainf & Cent Jersey Ry— Camden 1st g 5s Dec 1, 109 109 10734 103 5% to *44-A&O 95 130 Public Service Co of Nor 111— 1st mtge 3 Mb 1968 A&O Public Service Co of Oklahoma— F&A 1st mtge 4s ser A 1966 Serial debentures— 10934 110 107 10734 4s Feb 11941 10234 104 4s Feb 1 1943 103 4s Feb 1 1944 10034 Public Service Co of Pa— 1st lien & coll 534s *53—J&D Public Service Elec & Gas Co— 1st & ref M 3 Mb 1968.....J&J 1st & ref 5s 2037 J&J 1st & ref 8s 2037 J&D Utilities Consol Corp— 1st M 5Mb 1948 M&S 1st coll 4-5Mb 1948 A&O Puget Sound Power & Light 1st & ref 5Mb 1949 -J&D 1st & ref 5s 1950 ser O—M&N 1st & ref 4Mb 1950 ser D.J&D Quebec 64 100 97 67 95 88 9334 9334 Power— M&S 1st & coll 4sl962— Queensboro Gas & El 5s '52-J&J Conv g deb 5Ms'52 ser A.A&O Republic Service Corp— 1st coll trust 5s 1951 J&D Rhine-Ruhr Wat Extl deb 6s 1953 Serv Union— J&J / 7134 124 92M 89 r 8734 7234 100 r 4s series B 1961 A&O Shlnyetsu Elec Pow (Japan)1st sink fund 634s 1952 J&D Shrevp't Bdge & Term 5s'55.F&A b Basis. 8134 10234 1st mtge 4s 1966 Serial debentures— 3s 1940-41 1934 85 Sioux 8954 89 7434 g /This price includes accrued Interest. 1st 5s J&J k Last sale, A&O 1958 10534 10634 10634 10734 10234 10334 106 10734 74 75 75 73 72 74 109 111 10634 10434 105 39 10634 40 128 7354 7334 7334 7334 7354 7434 7334 7434 74 74 7634 76 78 95 95 13 14 21 117] 128] 18] 5] 131 1934 29 31 5634 5934 9634 9334 96 92 J&D 76 77 M&N 1953. 96 97 Temescal Water 1st 5s A '60 M&N Tennessee Eastern Elec Co— 1st M 5s 1943 F&A Ref s f 6s series A 1955...M&N .... CO CO 1 1 1 Hydro Elec 634s 1953.F&A Light— M&N 99 10134 10334 97 Texas Electric Service Co— 1st mtge 5s 1960 Texas Gas Utilities Co— 1 90 J&J M&S / Texas Hydro Electric Corp—1st mtge 6sser A 1956 A&O Texas Pow Corp 6s 1956—M&S 10634 634s 1956 _M&S Texas Power & Light— Deb g 6s 2022 ser A J&J 1st & ref 5s 1956 M&N Texas Pub Serv 1st 5a (w-s) 1961 _ Texas Traction Co 5s 1937--J&J / 8034 102 Nominal, r 3534 11034 Texarkana Wat 1st 5s *58—F&A 10534 Texas Elec Ry 5s 1947 J&J / 5 Tex Trac 1st 5s 1937 opt J&J / 5 105 n 11134 Telephone Bond & Share Co— 103 1818 10134 A&O 1961 Terni 10034 4s Dec 1, 1943.—J&D M&N Wellsburg & Weir ton Ry 1st 5s 1951 -A&O 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 General 106 108 Terre Haute Traction & 1st con M g 5s 1944 — J&J J&J Somerset Un & Middlessex Ltg— Mtge Standard Telephone Co— 1st 1 coll tr 534s '43 ser A.M&N 101 106 103 M&S City (la) Serv 6sl951.J&J J&D 1st 2-6s 1951 J&J - 5s 1942-1946 14 70 Silesia Elec Corp s f 634s'46 .F&A / Sioux City Gas & Electric Co— 7234 75 6034 Gen income 4s (w-s) 1957. A&O Sierra Pacific Power Co— 1st & ref 58 1960 ser A M&S 9334 74 103 107 Telephone Service (Ohio) Shreveport Rys— 1st 534s ser B 1957 F&A 5s r South Carolina Power Co— 1st lien & ref 5s 1957 Average price, 15" 105 South Bay Consolidated Water— 1st ref 5s 1950... M&N a 76 Shenango Valley Water— 87M F&A Deb 5s 33js 1946—M&N May 1 '48—A&O *48--A&O _ Lighting Co— Conv coll 153 6s stmp ext 68 stmp ext May 1 Debenture 6s 1951 Debenture 6s 1966 Taiwan El Pow io 8034 A&O 10634 11134 10734 Elec of Del. Syracuse Transit 4s 1969 ■■ s f 5>4s 1971-J&J Tampa (Fla) Gas 534s '56._A&O 96 73 61 A&O M&N / 73] 73] .... 8teubenville 9634 coll tr 434s ser D '70-A&O 1st coll tr 4s ser F 1961 A&O 1st coll tr 4s ser G 1969._ J&D 112 — Certificates of deposit Conv deb 6s 1938 Stettin Pub Utll 7s 1946 9534 9534 1st Public Puerto Rico El Pow 4s to '56.J&J 7634 1st & ref ha 1967 ser A F&A 1st & ref 5s series B1961.F&A Scranton Trans ser A 5s'59_A&0 sec _ Spokane Gas & Fuel 5s 1944.F&A Spring Brook Water Supply— 1st ref 5s 1965 A&O Spring Val Utll ref 6s 1^43—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 Stamford Water 1st 5s 1952—J&J Standard Public Service Corp— 1st lien 6s series A 1948 F&A 1st lien 6s 1948 ser B J&D 10534 Shawlnigan Water & Power Co— 1st M&col s f 434s'67 ser A A&O 74 147 224 134 111 5s 1944 M&S Second Ave Trac—See Phila Co— 101 4s Feb 1 1946 ser 6s gold debs 1957 19 10634 1st 102 4s Feb 1 1945 72 89 57 10 Convertible notes— 10434 Seattle 72 J&D / 1st & ref M 3s ser O 1968—J&J Southwestern Gas & Elec Co— 11034 1st 434s 1958 M&S Scranton-Spg Brook Water Serv— B1959 Income 3sApr 1 1959 Seattle Gas 1st 5s 1954— 8 J&D Standard Power & Light CJorp— Deb g 6s 1957— F&A 7534 87 M&S Southwestern Bell Telephone— 1st & ref M 3 34s ser B *64 J&D Standard Gas & 9234 4s series 4s Feb 1 1942 10734 Scioto Val Ry & Pr 1st 6s '43. J&D Scranton Gas & Water Co— 100 54 1937--M&S / 10634 107 Savannah Elec Co 5s g'52.J&J Ry— So Jeisey Gas El & Trac— Guar g 5s Marchl,1953.M&S 50 10034 100 Southwestern Public Service Co— 1st M s f 6s 1945 ser A J&J Southwestern States Telep Co— 1st M 6s 1948 —M&S Sayre (Pa) Elec 5s 1947. A&O 10534 Schenectady Ry 1st 5s Mar 1, '46 / 3 7834 98 44 Power Co— 132 Ry debenture 434s 1943—J&D Savannah Electric & Power Co— 1st & ref M 5s ser F 1955.M&S 90 2d 6s *14 ext Unif & ref 6s 1952 ser B—M&S San Jose Water Works— 1st mtge 334s ser A 1961—J&D 153 Elizabeth & Trent 5s '62.A&0 101 102 103 104 103 10334 10434 102 101 101 101 101 15234 90 Paterson 10734 Santa Barb Tel 3 34s ser C'60 J&J Sandwich Windsor & Amherstb'g 1950—J&J J O Hob & Pat 4s 1949...M&N —A&O 107" Eliz & Raritan Rlv 5s '54.M&N Utah 534s May 1. I960—M&S 1st 6s 1949 151941 15 1942 15 1943. 151944 15 1945 15 1946 15 1947 15 1948 106 104 1st M / A 1969..J&D Southwestern Power & Light— Deb g 6s 2022 series A—M&S 102 Apr Apr 4s Apr 4s Apr San Diego Consol Gas & Elec— 1st mtge 4sMay 1 1965—M&N 11034 San Francisco Bay Toll Bridge— 1st M sink fund 634s *67-M&N / 17 Deb s f 7s 1942 M&N / 34 San Joaquin Lt & Power Corp— 101 100 100 Southern 1st mtge 334s 105 4s Apr 4s Apr 104 108 108 100 M&S 102>i 1st mtge 334s ser C I960-.F&A 1st mtge 3Mb ser D *60—M&N 10034 10034 101 1st mtge 4s 1963 Serial notes— 87 96 1st mtge 334s ser A 1970..F&A Southwestern Light & Pow Co— San Antonio Phblic Service— 103 M - 111 F&A F&A F&A F&A 6s 1942 127 9934 6s 1942—A&O Southwestern Assoc Telep Co— 1st M 5s 1961 A&O Water 1940 5sl919 104 104 M s f Conv deb 6s ser A 1932 11334 F&A 6s 1943 San Angelo Telep 1st 5s 1958 F&A San Antonio Gas & Electric— 10034 10134 102 M 103M 10334 1 1941. 354 s Sept 3%sMar 3%s Sept 3 54s Mar 3Vsb Sept 3 Mb Mar 354s Sept 354s Mar 354s Sept 3 Mb Mar 3 34 s Sept 3Mb Mar 3 Mb Sept 3 Mb Mar 3 Ms Sept 354s Mar 3 Ms Sept Users Assn 6s M&S 6s 1941 . 1st & ref 534s series 11945 A&O 1 st & ref inc 5 34s ser II'45 A&O Southwest Telephone Co— 1st 6s series B 1947 1st 6s series C 1947 Salmon River Power— Public Service Co of Indiana— 1st mtge 4s ser A 1969 M&S 125 Gas— S'weet Pub Herv 6Mb 107 Guar 5s 1952 Salt River Valley Union va Pow 5s 1956..F&A Southwest Gas Co (Okla)— 1st a f 6s 1954 M&N 106 44 IMX 87 Southside St Louis Public Service— Elec 6s 1954......F&A Prussian 101 10634 Soutnern United Gas Co— 102 Public Gas &Coke 5s 1952—J&D Public Service Co of Colorado— 1st mtge 3 Ma 1964 J&D 4s s f debs 1949 J&D 10534 Southern Trac—See Phlla Co 10-year coll 102 St Paul Gas Light— Gen gold 5s 1944 - 10534 100 S'west Nat Gas inc 6s 1966--A&O 1966—A&O 51 10534 Corp— 102 1st mtge 5s 1959 Conv n-c inc 4s May 50 Adj mtge inc Jan 1 6s '60.A&O 1st M pipe line s f 4 34s *51 A&O Southern Neb Pow 5 34s B'47 J&J South N E Telep 1st 5s 1948.J&D Southern 103 106 106 10534 1st g 6s 1947 series A J&J Southern Counties Gas (Calif)— 1st M 4Mb 1968 M&N 104 St Louis Co Gas 1st 5s 1951-A&O 8134 103 101 10634 r A&O 4^s 1962 Southern Natural Gas 93 Jan 1 1942.... 434s Jan 1 1943. St Joseph Water 4s A 10734 10934 110 r Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O Southern Colorado Power Co— debentures— 4s 109 10734 1st & ref 4 34s 1961 .M&S 1st M & ref 4s Aug 1 '65 F&A Southern Canada Power— 85 102 33as Jan 1 1941 mtge 10834 10834 1960..J&J 10834 10534 Southern California Gas Co— Non-cum 6s (ws) 1951 109 90 19 64 11234 10834 10534 J&J Southern California Edison— Ref mtge 3 34s May 1 1960. J&J Ref mtge 3 34sser B 89 Ask 11234 S'eastern P & L deb 6s 2025.M&S Southern Bell Telep & Teleg— 3 34* debentures 1962—. A&O , Gen M 434s May 1st s f 4s Oct 1945 Bid Bonds Ask Rumford Falls Power— Portland (Me) RR 3 Mb 1951-J&J 1st 1 & con m 5s 1945 M&N Porto Rlcan Power 6s 1950-M&N Porto Rico 91 7254 10634 88 M 1st in <& gen 4 34s 1940—J&J Portland Gas Co 1st 5s 1951-F& A Portland (Me) Gas L 5a A'50 A&O Portland General Elec Co— 1st & ref 4Mb 196u_. 1st M 5s exten to 1950 | Rochester & Lake Ontario Water 30 Elec Pow 6s 1950-M&S Portland Bonds Mtge g 7s 1950 Direct mtge 6s 1952 107 M 65 Cons 3-6s 1st Ask Rhine-Westphalia El Pr (Germ'y)l Phlla Suburban "Water Co— 1st s f 4s 1965 M&S Phlla Transportation Co— Payable in Canadian funds. 10534 3634 6 6 10534 19 803 99] 90 82 101 93 116 10534 10134 1 10634 102 78 PUBLIC UTILITY BONDS NOTICE—All bond prices ars "and interest" except where marked "f" and Incom* and defaulted bonds Quotation* for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Ask 59 M 23 M Third Ave RR 1st 5s g Union Ry 1st 5s g 37- 1942-J \ 65 57 M 98 M 99"" s 1st g f 7s 1955 ser 76 6s A—MA 80 60 1953 1 1102 105 Traction Term' 79 125 104 M >/ 82 68M Twin States Gas & Electric— 1st 1 & ref 5 M* 1945 Ser A.M&l Tyrol Hydro-Electric Pow 68 64 i4M 14 / s 86M Union Electric Co of Missouri— 1st mtge & coll tr 3M* 1962 J&« 107 M 103 M 8% notes, 1942—J&« Union Elev RR—See N W Elev t Union Gas & El 1st ext 5s 40M&* Union Gas Co. of Canada— 107M 104 . 96 85 87 Union Gas System—' 1st M & coll s f 5s 1948—J&J Union Passenger Railway— 1st 4s Mi it 31 1961 —A& 2d ext 4s Mar 31 1960 A& Union Ry—See Third Ave Ry Union Traction—See Phila R T Union Water Service Co— First lien 514s '51 ser A.M&N 164"" 103 r V 69 ---- 1st 83 101M 40 36 ■ — 89 M 91 108 M 87 M 109 111 119 89 M 87 88 M 93 7A 93 % United Public Utilities Corp— Oonv coll tr 6s A 1960 J&J Convcolltr 5 Ms B 1960—J&J 100M 99 M United Rys Cos 4% ctfs '49.J&J / 40 United Railways of Havana— Eq 7M* Feb 15 1936 F&A / 8M United Rys of St Louis— Gen g 4s July 1 1934 Coll s f 5M* ser A s f 5Hs ser B 1952-M&N 1952-M&N United Telep Del 6s A 1948 A&O United Tel & Tel 5Mb A '53.M&N 1st lien 6s ser B 1953 M&N United Traction (Albany)— 101M 100M 9M 1st lien gen M 5s 1944—F&A 1st lien & gen M 4 Ms 1944.F&A 37 36 4Mb 1941 -M&S / Utilities Power & Light Corp— Deb g 5Ms 1947 J&D / 5Ms stamped 1947- Deb 5s 1959 J&D F&a / 52 M 52 M 95 13 ....... 100M 103 M 101 100M 100M 103 M 1955 M&N Consolidated 4s 1951 J&D Anacost & Pot 5s 1949—-A&O 1st 93 115M 93" 110M mtge 3 Ms 1961 Wisconsin Power & Light— * No par value. x J&J J&D 104 57 106 115 45M 6M Bridgeport Gas Light Bridgeport Hydraulic Oo Brit Col Pow Corp A— * 36 20 38 * ———_* 17 — 76 M 60 109 % 160 106 4s June 1 1942— 60 77 M Bklyn & Queens Transit 110 65 108M 109M 101 102M 107 M 19" 60 21 Buffalo Niagara & East Power— 81.60 prior preferred 26 85 1st pref Cable & Wireless Ltd— 108M 106 M 61M 3M * com Ordinary shares 20 99 M 1 ... Amer dep rec 7M% A ord_.£l Amer dep rec B ord £1 107 15c 5c 2.25 dep rot* 6M % pref £1 Oallf-Oregon Power Oo— 6% preferred series of 1927-100 6% preferred 104 Cum income 6s 1952 -J&D / Cum income 6s (w s) 1952-J&D / Wuerttemberg (Germany)—See Consol Hydro-Elec of Wyoming VaU P S 6s 1971— A&O Camden & Rockland Water. .100 6% preferred 100 Canada Nor Pow com ———* Canadian Marconi 1 110 25 25 43 45 Capital Transit (Wash, D O) 100 Carolina Pow & Light 87 pref —* 69 M 73 M 74M 77M 80 preferredCarolina Tel & Tel 21 23 Yadkin River Pow 1st 5s '41 A&O Yonkers Ry—See Third Ave Ry 104 York (Pa) Gas 1st 5s 1941. M&N —, — York Haven Wat&P 1st 5s*51 J&D York Rys 1st M r 6s '37 opt-J&D 100 104 M 84 ' Calif Water & 101M 101M 4s June 1 1946 Wisconsin Public Service Corp— 1st mtge 4s 1961 J&D Wolverine Pow adj 4 M* Mar 1 '59 Worcester Transit Association— 85 100 Water Serv 0% pref Telep 6%_pref Calif 102 - * —.100 Casco Bay Lt & Water.—100 6% preferred—. ---100 Central Arizona Lt & Power Co— $6 preferred--87 preferred * 25M 25M 37 99 13 % 14M 108 Ml 103 M 163 10 95 104 109 - —— J&D PUBLIC UTILITY STKS. Alabama Power $7 pref §6 preferred ♦ 126 97 M 98 108 98 Cent Arkan Pub Serv Corp pf 100 Central Elec and Tel com... 1 6% preferred 50 Cent Hud G & El com— — 98 M 109 * 96 M * ——— 86M Alabama Water Service 6 % pref_* Allegheny Traction—See Phila Co 97 97 M 88 101 59 M —50 5 Corp Amer & Foreign Pow com * $7 preferred* $7 second 2nd pref series A—* $0 cum pref * - 4M% cum 10 new com preferred 100 ♦ 81 83 Warrants American Light & Traction. 6% preferred. — 80 M 82 Amer Power & Light com - —25 25 * 2% 1H 5M 20M % 36M 111M 2M M 15M 28 M 3M 5M 21M M 36 M 112M 2M M 15M 29M 3M 79 135 Amer Public Serv 7% Amer Railways com 109M 102M 112 American Service $3 preferred--* 18 105 Amer States 2M 16M — — * _• pref—100 Amer Utilities Service com 6% preferred 64 12 M 100 — 172M * 25 a * * — * * Vs 18M 3 17 % * Preferred $8 series American Telep & Tel eg f Stock split 4 for 1. 57 48 M 95 M % 15c 6M 9M 99 114 110M 65 M 13 M 173 25c iS* 105 114M 112M American auotatlon. —-100 Cent Illinois Light 4 M % pref-100 Cent 111 Pub Serv 86 pref.. * Cent Indiana Gas 6M% pref-100 Cent Indiana Power 7% 107 1.35 43 15 M 115 111M 84 78 84 pref 100 Central Maine Pow 86 pref 100 6% preferred———100 87 preferred 100 108 Central N Y Power Corp— 5% preferred 100 Cent Ohio Lt & Pow 0% pf * Central Pow & Light 7% pref 100 112,/ 6% preferred 100 Cent & S W Util com.-----.-50c Preferred ——* Prior lieu preferred— ---* Central States Edison .* Central States Pow & L 87 pf--* Cent Vermont Pub Serv 6% pf-* Central West Co. v t c———5 Chic City & Con com part ctfs._* Pref partic ctfs. * - 99 % 99 M 102M 92 M 102M M 55 M 112% lM 5M 103 M 1 —- Chicago Rys partic ctfs 56 47 M 94 50c Utility com 1 5M% preferred 25 Amer Superpower Corp com * First $6 preferred--———-* 1 25 M 77 53 $6 preferred$5 preferred. 2% 24 M 130 J Called May 23 at 102, Ex-dividend. 23 M 86 preferred » Certificates of deposit Bklyn Teleg & Mess'ger (go). 100 Brooklyn Union Gas • 103 4s June 1 1943—4s June 1 1944 101M 11 c „ Amer Gas & Power com 11 v 61 102 105 109 1 6 c—25 100 * 86 preferred series A * Certificates of deposit-----* 104M 102 103M 103 M 105" 144 Boston Elevated Ry com 100 Brazilian Tr Lt & Pow ord—-* Class B / $6 1st preferred Appalachian El Pow 7% pref 6% preferred— Canadian price. r 4s June 1 1940. 4s June 11941 Amer Wat Wks & Elec com r r 1st mtge 3 Ms 1966 -A&O Wisconsin Hydro-Electric Co— 1st M 5s 1947 A&O Wisconsin Michigan Power Co— Amer Gas & Elec 55 3% 46M 50 Bklyn Manhat Transit Wise Fuel & Lt 1st 5s 1948.-M&N Wisconsin Gas & Electric— Amer Cable & Radio 15" 83 79M Blackstone Vai Gas & El pref. 100 Boston Edison Oo 100 104 Warrants 112 5s 1949——-A&O City & Sub 5s g 1948 F&A 102M Washington Water Power CO— 1st mtge 3 Ms 1964 108M —J&D Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 J&J / 9M Certificates of deposit f 9M 81M 17M Allentown Beth Gas pref-' 55 85 10 1st Mas Aug 1952ser A...F&A Winnipeg Electric Co— Gen 4-5s series A 1965 J&J Gen inc 4-5s ser B 1965 J&J Wise Elec Power 3 Ms 1968-A&0 $5 preferred 90 M 110 83.50 prior preferred $6 preferred 115 160 116M Birmingham Wat Wks 6% pf.100 103 % 103 M : Telep of Pa 6M% pref —100 Beverly Gas & Elec 25 Biddeford & Saco Water--—100 Birmingham Elec 87 pref * $6 preferred. ♦ Birmingham Gas common—...2 4M% preferred 3M guar — 99M Williamsport Water Co— 5s stamped 1947 90 M 104 M 101 5s 90 80 M 101 pref_100 Brooklyn Edison w 126" 111M 7M 5M * ♦ Bell 100M 98 M Bdge ... 105 " 1.90 20M 141 Bell Telephone (Canada)---.100 Canadian Price M&N " 2M 103 M 104 Brockton Gas Light Go 103 H 100 M 103 % 1st & ref 58 1950 ser B-—_ J&D 1st lien & ref 6s w w 1960-F&A Washington Gas Lt 5s *60—M&N Washington Ry & Elec Co- Mt Hudson River Beauharnois Power com Beaver Valley Water 6% 101 4s June 1 1945 tst & ref 6s1946C 1952—M&S )eb f 6s ser F&A Washington Gas & Electric Co— 1st if 5 M* 1947 F&A 1st M 5 Ms 1953 J&J Bear 102 5 2 103 s 105 108 F&A 98 40c 104 104 104M * - M&S 54 ♦ —100 106 2 —-J&J/ Wichita Water 6s 1949 1st M 5s 1956 ser B 1st M 5s 1960 ser O 54 103 Virginia Public Service Co— 1st & ref 5 Ms 1946 ser A--F&A 1st f 6s 1953 v t c 104 103 s 20 1M 107M 122 M -100 Bangor Hydro Elec com.--. .25 7% preferred .100 0% preferred 100 101M 102 5s stamped 1959: F&A 115M Utilities Public Service Co— Oonv 6s 1933 J&D / 22 Vermont Ltg Corp 1st 5s'44 A&O / 10 Vesten Elec Ry 7s 1947 —J&D / 13 Virginia Electric & Power— 1st & ref M 3 Ms B 1968—M&S Preferred 68 M iH » Atlanta Gas Light 0% prefAtlantic City Elec 86 pref Bait Transit Govt C— 12 65 M 69M year 5s Mar 1 1960 1st mtge 4s ser A 1966 Serial debentures— Utica Belt Line Street Ry— 1st 5s 1939 M&N / 2 Utica El L & P 1st 5s 1950—J&J 124 M Utica G & El ref & ext 5s '57 J&J 130 Co Bldg (Kanata Realty)5s 1956 —F&A 101 Utica & Mohawk Valley Ry— 1st 110 10 Wheeling (W Va) Electric Co— 1st M 5s 1941 opt M&N 36M Upper Mich Pow & Light— 1st mtge 4s ser A 1959—F&A Utah Lt & Tr 1st 5s 1944 A--A&O Utah Power & Light Co— Deb 6s May 1 2022 M&N 128M 67 M _ Con g 4Hs 2004 J&D / Unit Trac (Pgh)—See Phila Co Unterelbe Power & Light CoSink fd M 6s 1953 A&O f 108 M&S 1st United Securities Co Ltd— Coll 127M 109 H 1960 F&A Telegraph— 1st J&J / City & Sub Pub Serv 5s *34.J&J / Investing Companies Public Utility • Telep Oo Ltd 81.25 pf—* Assoc Telep & Teleg 80 pref * 87 1st preferred—— 100 Class A Western Utilities Corp— 15-year s f 6s 1952 M&N Westmoreland Wat 5s '52--J&D Westphalia United El Pr (Germ) 93 ♦ see Mut Un 6s ext at 5%to'4lH&N 105 * — Assoc 68 90 DebgOMs 1974 106 65M 103 • ♦ Associated 78 82 — • - Option warrants Assoc General Utilities— Water Service— Union ♦ $7 preferred 85 106M J&J & ref 5 Ms Western Unit Elec Co of N J 4s *49—J&D 118M United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A— 98 Gen ref M 4s Jan 1951 ser B United Electric Service (Italy)I Extl 1st s f 7s 1956 ser A__JA United Gas & Fuel (Hamilton)— | 1st s f 5M* 1948 J&J r 106 M United Light & Power Co—„ 1st 14 consol 5H8 1959—A&O Deb g 6s 1975 M&N United Lt4Rys(Me)6s A'52 A&O Deb 6s 1973 J&J Un Lt Rys (Del) deb 5Ms.52 F&A |4 preferred 94 A 1969-M&N 1 - 16 M preferred 1st mtge 4s 1961 A&O Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s '50—J&D Gen mtge 3 Ms gtd 1967 J&J Westchester Service Corp— 4s 1948-1953 —-A&O Western Cont Util 6s 1944—M&S Western Lt & Telep 5s 1954.A&0 Western Mass Cos— 3M % coup notes 1946 J&D Western N Y Utilities 5s '46-J&D Western N Y Water Co— 1st M 5 Ms 1950 M&N 1st M 5b 1951 M&N 1st 5s series B 1950— -J&J Deb s f 6s extd 1950 M&N Western Public Service Co— 16"" 83 M Guar $5 preferred $0 preferred 80 Virginia M M % H 2 % % % % 118"" 107M A&O West 97 90 M Original preferred 111 Bridge 3 M-6 Ms, 1960 105 * • —.1 117M 116 ser pref 6% preferred West Virginia Ohio River M Co— r/ Arkansas Pow & Lt 87 117M 2d extended 5Ms 1956—M&N West Texas Utilities Co— 66 2% 2M 8: ——10 108 J&J 1st mtge 3 Ms 1st lien & r ef5M 48 M Associated Gas & Elec com Common class A 100 100 M&S 1st ext 3 Ms 1956 50 106M Ry— 2M 1M 6% preferred Arkansas Nat Gas common—* Glass A * 102M 0% preferred 1st M 3s ser K 1970 M&S West Penn Tr 1st 5s 1960--J&D West Philadelphia Pass 105M 105M 105 Troy Oity Ry Twin Oity Ra id Transit Coapid West Penn Power— 1st M 5s 1963 series E 1st M 3 Ms ser i 1966 108M * — Common 102 101M 100M 1st s f 5s 1958 __J&J West Penn Elec deb 5s 2030-A&0 61 108M Bid Edison com. Arizona Power $6 preferred Arkansas Missouri Power- 116 West Coast Telep 1st 4s '64-M&S West End 8t Ry—-See Boston El West End Trac—See Phila Co West Ohio Gas 6s A 1954—J&D Toho Electric Power (Japan)1st Stocks Ask Arizona 1st 5s 1959 —J&J West Canadian Hydro-Electric— 1st 6s ser A 1950 J&J Conv deb 6 Ms 1945 J&J 82 75 F Bid Waukesha Gas & Electric Co— 60M 23 H 100M 100 - Bonds | Series 2 Series 3 ser — Series 4 100 100 Cincinnati Gas & Elec 5% pf 100 Cincinnati Street Ry 50 Cincin & Suburb Bell Telep Cities Service com.—.. Preferred Preferred B Preferred BB Cities Serv Pr & Lt 86 pref 87 preferred 50 Citizens Utilities com— Flat price, 107% 2M 97 % 10 5M 100 * 59 % * * * Citizens Gas Fuel com * Citizens* Pass Ry—See Phila R T Citizens Traction—See Phila Co b Basis % 1—100 100 - -1 k Last sale. 5 52,/ 93 M 100 3/ % 1% n Nominal, MAY, 1940] PUBLIC UTILITY 79 STOCKS Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Stocks Par Stocks Ask Bid Citizens Water Co of Wash (Pa)— 7 %jpreferred 100 105 City water Co (Chat) pref—.100 103 City Water (New Castle) pref.100 101 Clear Springs Water pref * t * 100 Coast Co Gas A El 1st pref.. 100 Colum G A El 100 100 ... 5% conv preferred 100 Columbus A Southern Ohio Elec— 6% preferred A 100 6H% preferred B ..100 Commonwealth Edison Co Commonwealth Gas Commonwealth & Sou Corp com 11344 Serv 1% 67$ 68% 37 % Gen 43 45 * 100 25 117 52 172 173 105% 102% >• 102% 9544 106 96 3 4 7 10 55 144 % 115 27 117" 112 113 29 75c 100 ._.* 1244 5744 1144 11944 7744 Derby Gas A Elec $7 pref Detroit A Canada Tunnel......* 100 100 Duquesne Light—See Phila Co— .* 5c 14% 60 13 12044 7944 25c 4 8 244 344 9 n 10 135 140 2% 23 % 52% 100 88 * 80 82 Greenwich Gas $1.25 pref.....* Common * 24 2544 91" 94" 101 Gulf States Util $6 pref * * 112 114" 109 25 34 11044 3444 7% pref class A ..25 Hamilton Bridge common Hamilton Gas common 1 Harris burg Bridge 20 Harrisburg Gas 7% preferred. 100 Harris burg Rys common......50 Hartford Electric Light 25 35 $5.50 preferred Hackensack Water ... 100 13 2 ..* 29 4 % m 69% 6144 344 65 100" *'244 22 2944 544 ....... 544 3444 2944 » 16 warrants 1% El Paso Electric Co (Del)— Preferred series A 7% 100 El Paso Nat Gas com .......3 70% 62 vi* 3|* 3044 1844 244 .....100 3544 63 100 113 117 100 215 .. 7% preferred 100 Indiana Telephone Corp .100 Indianapolis Power A Light— Empire Telephone 6% Preferred 13 1444 Internat Hydro-El Syst A 25 Conv pref $3.50 series __50 Internat Ocean Teleg (guar).. 100 23 25 Engineers Pub Serv com.......! $5 cumulative preferred ...* $544 pref (with warrants) * 944 78% 8344 .-* 90 ■d* Essex Company.............50 European Elec class A 10 8% Phila 63 54 144 4% "1% 544 11644 112 94 96" 5 5% 32% 31% 8% 44 46 63 64 109% 8644 88 17 18% 1944 17% 30 2444 10844 111% 544 24% 110 112% 644 102 344 2% 3% 11% ~3% 3 4 12 74 * 3 100 Units 100 85 87 28 32 100 28 International Telep A Teleg * Foreign share ctfb ....* International Utilities— «44 3 344 ~4" % 35 * 22 ^ * Iowa Pub Serv $6 59 944 R T 22% 1644 101 pref 644% preferred $7 preferred 4 31 16% 16% 84 97% Francisco) 6% prior preferred 100 Mass Power A Light Assoclat'n— * ♦ 70c * ... 24* Warrants * 3% 4% 5 97 104% 109% 110 10c 3 4 106% 48 Middle West Corp com...—...5 Midland United com.........* Convertible pref A .* Midland Util 7% prior lien—100 6% prior lien —.100 7% preferred class A .100 6% preferred class A 100 Minnesota Pow A Lt 7% pref 100 $6 cum preferred 100 3 4% 444 95 85% 82% 90% Mississippi Power $6 pref.——.* $7 preferred * Miss Power A Light 6% pref * Mississippi Rlv Pow 0% pref.100 Mississippi Valley Util * Missouri Pow A Lt $6 pref Missouri Pub Service com * iff* 104^ • 5% Monongahela L A P—See PhilaCo Monongahela St Ry—See PhilaCo Monongahela Valley Water— 7% preferred 100 Monon-West Penn P 8 7% pref 16 Montana Dakota Utilities com. 10 5% preferred —100 6% preferred —.100 Montana Power 0% pref * Montreal L H A Pow Cons * Montreal Telegraph ...40 Montreal Tramways com..—.100 Mountain Fuel Supply....... 10 Mountain States Power com * 5% preferred 50 Mountain States Tel A Tel..100 98 28 744 83% '94% 107 21 r 42% r 51 5% 18% 45% 141% 32% 16% 10 30 $3 convpreferred 60 National Gas A Elec com 10 National Power A Light com...* 46 27% 4% 4% 117 .100 100 35" 0% preferred ...100 Nevada-Calif Electric com....100 111 33" Preferred 100 New Bedford Gas A Edison Lt.25 New Eng Gas A Elec Assn— 28 100 100 100 100 * 7744 8044 8744 $6 preferred Supply * 8844 105 1344 13144 32% 10744 J Called July 1 at 105 plus dividend, * $5% preferred stamped—— * New Eng Pow Assn 105 4% 1444 17% 100 7844 10344 10344 ......._* certificates. 100 arrear certificates 100 Italian Superpower— See Investing Companies. Jamaica Pub Service Ltd ..__* t Called May 15 at 105. 8% 31% 1st pref 100 * A .100 Manhattan Railway 7% guar 100 Certificates of deposits Modified 5% guar 100 Certificates of deposits Marcon Int Marine Commun'y— Amer dep rets for ord shs £1 17% arrear ser Manchester Gas pref 85 23 16% 544 $5 cum pref 4% 25 25 Nassau A Suffolk 7% pref...100 National City Lines com.. 1 3 .15 Preferred Jamaica Water 106 88 100 Nebraska Power 7 % Iowa Southern Utilitl Common 6% 7% 6 55% 103 * ..* ....* ...* Common 25 Maiden Electric Co Maiden A Melrose Gas Lt Class A 25% 31c 3% 3% Investing Companies. 644s pref 7% preferred- 93 11 67 1644 10044 Co. 9% 8044 8444 100 . |5 cum preferred * $6 preferred series O _* $6 prior preferred ——* 7% prior preferred * Mexican Northern Ry com.—100 Preferred 100 Mexican Utilities preferred... 100 Michigan Consol Gas........100 Middlesex Water _* 1244 International Power Co.. 6% preferred A 644% preferred B 7 % preferred C Iowa Power A Lt 7% pref $7 preferred Lynn Gas A Elec Co Mackay Companies 4 % pref. 18 1144 Iowa Elec Lt A Power Co— ...* 25 * 6% preferred.............100 644% preferred 100 Indianapolis Ry Co v t c 100 Indianapolis Water 5% pref.. 100 Interboro Rapid Transit. 100 Certificates of deposit 65 Railway Co Preferred 100 Lowell Electric Light .25 Luzerne Co Gas A El $6 pref.100 1644 112 Iowa Electric 65 100 .... Memphis Natural Gas...... Metropolitan Edison Go— 177 38 25c * ...... Market St Ry(San 10% 1% 41 100 100 cl A 11% 110 67 62 Ex-dividend. 50 6% pref.. 100 66% 85% 9o 10144 100 com 45 Indiana General Service— 6% preferred —100 Indiana Hydro Elec 7% pref.100 See 73 16 50 10544 19% 104% 114% 116% $2 Preferred 112 International Ryvtc Internat Teleg of Me (gu) Corp * Long Island Lighting com * 7% preferred A 100 6% preferred B 100 Longview Bridge class A 5 Louisiana Power A Light $6 pf.* Common with warrants Common without warrants 110 Indiana Service Co 69 76 Lone Star Gas 3144 4344 11% -.100 66 62 x 15c" 4* 115 65% 79 100 Without par value, 7c Idaho Power 7% pref ..100 6% 1st preferred * 111 Comm'l Telep 6% pref * Illinois Iowa Power common Interstate Natural Gas Interstate Power pref $7 $6 preferred Investors Telephone com 6% preferred .......100 Empire Power Corp— See Investing Companies. * 100 7% preferred 3 75 93 102 5 ~4" Marlon (Ohio) Water 7% pref.100 Marion Reserve Pow $5 pref....* 103 225 45 100 3% 100 Internat HI* 50 50 60 112 1st preferred Power Securities 97 34 44 Empire A Bay State Tel (gu) 100 Empire District Elec 6% pf-_100 Empire Gas A Fuel Co pf 8%-100 stock, 100 Common 90 —... 54 344 48 ... 2044 47 * Preferred 70 $6 preferred 50 Illuminating Shares class A .* Indiana Assoc Telep $6 pref * Indiana A Michigan Electric— I§ ..... 7 V* 37 75c 25 * 36 25 5% conv preferred Arrears certificates 47 .100 Light A Pow Securities Co Louisville 68 62 97 Electric Bond A Share.. 6 $6 preferred ..* $5 preferred * Electric Ferries common 6% preferred.. 100 8% preferred ......100 Elec Power A Light Corp.. * $7 preferred * $6 preferred * 95 35 Havana Elec Ry com.. 1 6% preferred 100 Havana Elec A Util $5 pref * 6% preferred * Haverhill Elec Co... 25 Haverhill Gas Light .25 Hestonville M A F— See PhilaRT Holyoke Water Power.. 1 Houston Lt A Power $6 pref....* Houston Natural Gas com * Preferred 50 preferred Huntington Water 7% pref 104 106% 106% 10144 10244 38 5% preferred 6% preferred. 7% preferred 25 com non-cum 100 100 117 109 101 * 1744 — Hudson A Manhattan 25 Lexington Telep 6% pref Louisv Gas A Elec T 61% 11 % 1% 1944 100 com 15 Preferred ($0) * Federal Power A Light com...50 Fed St A Pleasant Val—See Phila • Coates—See Phila R Green Mt Pow Corn $6 pref Hartford Gas 115 444% 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 9944 Illinois Power A Light— 6 Federal Light A Tr 47 8544 * ... 66c 100 100 Fairm't Pk A Hadd Pass Ry—See Fall River Elec Light..... ..25 Fall River Gas Works...... 25 45*' * 3% 2344 87 .... ...20 53 * $6 preferred Erie Coach 22% Germantown Pass—See PhilaRT Gloucester Elec Lt Co 25 Gold A Stock Telep (guar) 100 5% East Shore Pub Serv 644 % pf 100 6% preferred ..100 Eastern States Gas...........* com.. 2244 5344 . Preferred Tramway com.........* Preferred 7% 6 44 % preferred 20 50 1844 78 10 35 32 108 Elizabethtown Water Cons Elizabeth Consol Gas IZ* 73 Greenwich Water Sys 6% pf__100 Gulf Power $6 preferred........* 11644 com * 42 1% 100 Lexington Wat Serv 7% pref.100 * 10 37 1% 2 109 Common 40% 9844 88% 1544 10844 105 7% Preferred Eliz A Trenton RR Preferred 25 8c 100 Lawrence Gas A Elec Co Lewiston Gas Lt 5% pref.. Companies. Green A 35 6% preferred __.* Danbury A Bethel G A E pf 25 Dayton Pow A Lt 4 H % pref.100 Optional 45 * 11844 Dallas Power A Light 7 % pref 100 2d pref series A 45 35 1 82* 81 11744 31% 107% 115 Conv stock 35 $3 preferred Georgia Power $6 preferred. $5 preferred Georgia Power A Lt 6% pref 10* 8* 112 Easten Telep A Tel eg Eastern Util Assoc com.. 66* Gen Wat Gas A Elec com 54 Cumberland Co (Maine) Power A Light 6% preferred ..100 5% % preferred 100 444% prior preferred Eastern Mass St Ry com.. 6% 1st pref stamped 6% prer B stock 6% adjustmentstock Eastern Mich Transportation Eastern Minn Power 6% pref 71% 103 64* 20 Gen Telep Tri Corp.... % 65 120 10 100 .* $5 preferred • East Coast Public Service v t c..l East Middlesex Street Ry 100 Eastern Gas A Fuel Assoc's com * 6% preferred 100 10244 Corp— Warrants t C.....1 common 66 r ;t* 37 $2.50 Consolidated Gas Utilities com.l ... . 5% 13% * Telephone Corp com conv preferred 47" • Preferred 106 r 152 37 General Pub Util common.. 5 % preferred % 116 Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Duquesae Nat Gas $4 preferred See Investing 38% 32 44 Consumers Gas (Reading)....25 Consumers Gas (Toronto) 100 Consumers Power (5 pref......* $4.50 preferred * Continental Gas A Electric— 7% prior preferred 100 Oontlnen Pass Ry—See Phila R T Crescent Public Service com.... 1 Cuban Telep common 100 2 144 General Public Service 28*' Cons Gas E L A P (Bait) * 4% % pref series B 100 Cons Edison Co of N Y com....* $5 preferred * Consol Gas Co (Pgh) pref.....50 Detroit Edison Duke Power * Gen Italian Edison Elec Amer shs for 17% J* 63* 24 145 ordinary stock.. Corp— 1644 4Va Connecticut Power Connecticut Ry A Lighting... 100 4 H % preferred ..100 Consol Elec A Gas $6 pref......* Denver * cum conv pref ser A conv pref ser B $7 preferred $8 preferred 107 26 94 120 ....—.* Kansas Gas A Elec 7% pref. .100 6% preferred Kansas Power Co 0% pref * 7% preferred.. * Kansas Pow A Lt 6% pref.-100 7% preferred .——100 120 Bid 107 % 10044 Preferred 7% preferred 35 R T * $6 104 n 30 100 common $6 100 n .... Conn Gas A Coke Sec pref Common Connecticut Light A Power.. 5%% preferred Phila 6% preferred .......100 544% preferred 100 Gen Gas A Elec (Del) com A..* 5% prior preferred 6 * com v 1 s3t Concord Elec Co 6% pref 100 Common.. .___.* 6% preferred Cumberland Gas 32% 144 1 com Kansas Elec Pow 6% pref Gardner Elec Light common. 100 Preferred 100 Gary Elec A Gas common * Gatlneau Power com * 115 32^ 100 25 7% preferred Kansas City Pub Serv 5244 11044 Gandy Bridge old..* New common wl. First preferred 6%-. Community Pub ber com Community Water 82 25 * 105 5144 109% Frankf'd A S'thwark—see Franklin Telegraph (guar) 69% 114% ..1 7% preferred 103 48 8% preferred.. 100 Frankfort Kentucky Nat Gas..85 90 78 com * Optional warrants $6 preferred * Commonwealth Tel (Pa) 7 % pf 20 Commonwealth Utility 644 % pf. * Commonwealth Water A Light— 6% preferred —* Community Pow A Lt 10844 644 114 ... 41% 44 ... 29 10644 6% 8844 6944 39% Par % Jersey Cent Pow A Lt 7% pf-100 0% preferred 42% 100 6 % % preferred ..100 44% Kansas City Power A 46 Light— 1st pref $6 series B 49 * Florida Power Corp 7 % pref—100 Preferred $50 par Florida Power A Lt $7 pref * Florida Telephone..... 100 4244 113% 28 Corp (Del) com..* 6% preferred series A 5% preferred * ......* Stocks Ask % * Gas A Elec Light. .50 Fitchburg 4144 11244 * Cleveland Railway Bid A__* com $644 preferred $7 preferred . Cleve Elec ilium common.. $4.50 preferred Par Federal Water Service $6 preferred 5% 444 16 1444 33% 10844 com .._._* 6% preferred —100 $2 preferred * New England Pow Oo $6 pref.100 New England Pub Ser com... * $7 prior preferred ..* |7 preferred .—...—.* $6 preferred * $0 prior pref * New England Tel A Tel —100 New Haven Water ..50 New Jersey Pow A Lt $6 pref * New Jersey Water pref.. .100 ........ New Mexico Gas 5 com 6% preferred...—.........50 k Last sale, n Nominal, r 8 94% 1 64 34 11% 69% 2344 137 72 13% 12% 6744 131% 78 110 103 5% 47 Canadian price. t New 80 PUBLIC UTILITY Quotation* for >11 securities Par Bid * Stocks 24 New Orleans Pub. Serv com Option warrants. ..—...—- N YPow & Lt Corp $6 pref—..* preferred---------..100 7% El Light 8c Pow— N Y & Queens Common N N N N 123 28 50 23)4 5% preferred —100 Y Railways pref------—---* Y & Richmond Gas 6% pref100 Y State El & Gas 5 % % pfd. 100 Y Water Serv 6% pref 100 107?* 117 121 Preferred North Texas Go —-—-100 (Del).. 10 Northeastern Wat & Elec com—* $4 preferred -* ■--- 3)4 50 107 107% 26 26 5% 5 88 % 81 89 82)4 »» % 57 % I* 5l% 95 96 % 6i% 50 51 4)4 12)4 58)4 108)4 108% 117)4 Northern Indiana Public Serv—- 6% preferred —100 7% preferred ...100 5)4% preferred .......100 Northern Liberties Gas 25 Northern N Y Util 7 % pref—.100 Nor States Power (Del) cl A—-25 7% preferred-. -.100 6% preferred 100 (Minn) $5 series cum pref * Northwest Electric 7% pref...100 North West 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 * Ogden Corp common 4 5% preferred 50 Ohio Cities Water preferred * Ohio Edison $6 pref $7 preferred Ohio Power 6% pref 100 Ohio Public Service 5% pref. 100 5)4% 1st preferred -.100 6% preferred, 100 7% preferred —100 Ohio Service Holding com— 1 5% preferred —5 Water Service A com * Oklahoma Gas & Elec 7 % pref 100 6% preferred 100 Okla Nat Gas Corp oom— 15 S3 preferred ——50 $5.50 conv.prior pref * Omaha & Council Bluffs Ry— 8c Bridge Co 4% pref 100 Omaha & Council JBluffs St Ry Co 5% preferred 100 Omnibus Corp common...... 6 8% conv preferred A.... 100 Oregon Wash Water pref * Ottawa Light Heat 8c Power * Preferred ——..100 Pacific 8c Atlantic Tel (gu)-_ 25 Pacific Gas & Electric 25 1st preferred (6%)—-—-.25 1st preferred (5)4%) —25 Pacific Lighting Corp com * $5 preferred * 100 Pacific Pow & Lt 7% pref Common *■ & Lt W* Pottsville Water Co Power Corp of Canada com 97 35% 23)4 2% 36)4 25)4 2% 20 116)4 115% 114)* 100)4 102 103 103H 107)* 109% 115 117 40 43 42)4 117)4 105 19X 50 116 40c —100 pref..* Public Serv Co of N H $6 pref. * * ..J00 100 100 * 60c NJ 8% preferred.. 7% preferred 6% preferred $5 preferred Consolidated Trac of N J—100 Rapid Transit St Ry Co—100 Public 8erv of Okla 6% pref. .100 7% preferred 100 Public Serv El & G $5 pref—..* Puget Sound Pr & Lt $6 pref * $5 prior preferred —-* Quebec Power common * Queens Borough G 8c E 6% pf 100 Rapid Transit Ry—See P 8 Corp Republic Nat Gas 2 Rhine-Westphalia Electric Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref 27 % 3)4 13?* 109 110 88 14)4 13)4 102 15 32% 32)4 29% 44% 107% 86)4 17)4 32)4 32?* 29?* 44?* % 6)4 107)4 89 80 114 56 7 8?* 87" 112 126 113% 132 5% 150 com 25 39)4 2% 35% 31% Seattle Gas common— 4 Warrants B ...* Class A Pennsylvania Power $5 pref * Pennsylvania Pow 8c Lt $7 pref.* $6 preferred $5 preferred Pennsylvania State Water, pref.* Pennsylvania Telephone Co— $2.50 preferred Pennsylvania Water 8c Power...* $5 preferred. Peoples Gas & Fuel Corp. People sGL&O (Chic) 10C Peoples Light & Power Oo A....1 ... 15 23" 25 8 12 2 1% 112 112 112?* 113)4 109 110 102)4 106 109 58 69 16% 36)4 li* 36 2 1% Common class B............1 Scrip $3 Preferred 25 Peoples Water & Gas $0pref 1O0 Peoria Water Works 7% pref. 100 Phila City Pass—See Phila R T Philadelphia Co com * $5 preferred * 6% cum preferred 50 $6 cum pref * Allegheny Traction ....50 Citizens Traction 50 Consolidated Trac pref 50 DuquesneLight5% lstpref 100 Federal St 8c Pleasant Val—25 Monongahela Lt 8c Pow..—50 Monongahela St Ry— 50 Phila & Darby—See Phila R T Phila 8c Grays—See Phila R T Philadelphia Elec Co com • $5 preferred—:... * value. 2 92 19 20)* 88)4 99 7)4 80 7) 83 _ 45 45)4 81 83 2^ 115* 35c 20% 4% pref..* Pittsburgh Water— 6% preferred 100 7% preferred 100 Southeastern Gas 8c Water A—* Southern & Atlantic Teleg (gu).25 South Calif Edison common—25 5)4 % preferred series O 25 6% preferred series B 25 Original preferred— 25 Southern Calif Gas Co— 6% preferred series A 25 6% cum preferred 25 Southern Calif Water pref.....25 Southern Canada Power—-—* Southern Col Pow com A 25 Preferred -.100 Southern Indiana G 8c E— 1)4 4.8% cum preferred 116 Southern Nat Gas 1 Southern New Eng 60 22 100 3% 9 7% 6% 34)* 116)4 t Called June 1. 100 115 22% 23% 114 17% U871H 'S* 70 26% 103 11 cum cum 117 I.."156 52 Western Pub Serv $1.50 pref Western Union Telegraph.. Westmoreland Water pref— Wheeling Bridge 110 112 113 103% 104 ?4 117% 118H 99?* 7c 7 ..* * 102 12 * .* * 85c 27% 33% 15 100 22 * 100 103 100 114 19 30% 29% 30% 44 45 33% 33% 25% 35% 6% pref (1921) 100 t 6% pret (1897 series) 120 100 35 Common Wheeling Elec 6% pref.. .100 Williamsport Water pref... * Winnipeg Elec class A • Class B .......--* 1.80 2 .... --.100 13 101% 77 102% 19% 173 iiH 42 f Flat price, 4% 20% 13 .4?*% preferred Wise Hydro-Elec6% pref....100 Wise Michigan Pow 4)4% pref.. Wisconsin Pow 8c Lt 0% pref. 100 7% preferred -100 Wisconsin Pub Ser Corp 7% pflOO 6)4% preferred —100 Wisconsin Telep 7% pref..... 100 i Wolverine Nat Gas com 1 Wolverine Power Go_. .....5 Worcester Trans Assoc————_ * York (Pa) Railways pref....—50 York Wafcpr Co 25 t Last sale, n Nominal, r Canadian price. 22% 116 103 10 Wise Elec Pow 4* 73 103% 80c 2734 32% 1 25 17" 26% 2% 109 30% 29% 30% Preferred 118 111 2?4 * Western N Y Water pref 93 91 104 114 13 22% * Preferred Western Massachusetts Cos 9 27% 105% 100 100 * 100 preferred preferred West Va Water Serv 0% pref Western Lt & Tel com $ 8 110 * Prior preferred 4 75 800 2134 Preferred 17% 101 Southwest Gas (Okla) 7% pref 100 $ Called April 30 at 110. U9% West Penn Power Co com 4% % preferred West Phila Pass—See Phila R T West Texas Utilities $6 pref♦ West Va Ohio River Bridge— Common * 9% Southwest Consolidated Corp— 1 33)4 115 100 100 West Ohio Gas new com West Penn Elec Co class A 23 22 com—...7)4 Telep 10U Southern Union Gas com——-* A preferred ———25 13% 8% 1 Washington Wat Pow 6% pref—* .-1 South Carolina Power 0% Partic units $4.50 conv pref 62 South 114 65% 71% 100 com South American Utilities com_50c preferred 64% 69% * pref & Electric—-—25 100 273 283 3.3* * Wash Gas <Sc Elec 7 South Bay Consol Wat 6% pf.100 Sou Carolina El & Gas 7 % pf. .100 59 67 Sioux City Gas $7 preferred.... 101 3.10 26% 27% • 117 2d 38?* 65?* 65 1% * 119% Second Ave 38 90 363 813 833 913 13 * Wash (D O) Ry 8c : $5 preferred —100 $5 preferred * RR Cop (NY) * 2d & 3d Sts Ry—See Phila R T Shasta Water Co * Shawlnigan Water 8c Power.. Shenango Valley Water pref. .100 Sierra Pac Elec 0% pref 100 Sierra Pacific Pow common.. * Preferred —100 % 1 118 10c 12% 114% 1 Utilities Stock 8c Bond Corp Virginia Electric 8c Power— 113 1st 1 % Pennsylvania Edison Co— $2.80 preferred $5 preferred * Pennsylvania Gas common ...» Penna Gas & Elec Co 7 % pref.100 Penna Gas <k Elec Corp $7 pref..* par 93 19% 12$ 113 100 $6 preferred 55 1% 106% 126 100 $6 preferred ♦ Virginia Pub Serv 7% pref—.100 6% preferred 100 Washington (D O) Gas LightCommon Preferred * —1 —* 1H 104% 100 $7 preferred Utilities Power 8c Light— Old 7 % cum preferred 1% 11% 88 73 70 United Utility Co common....10 Utah Power & Light— Brook Water Service 6% pref Scranton Transit common 85% 35$ 8* $2.75 preferred $3 preferred 104% 104% 98)4 25 373 40 116)* 100 Scranton Electric $6 pref. 2% 36% % * Class B common........... 1% 6% preferred ; 100 San Diego Cons Gas 8c Electric— 9)4 » aited Public Service Corp.. United Pub Util com A 'A* 90 9 ....* 6.36% preferred 7% preferred 108 109 Scranton-Spring 36)4 32)* Edison— Without 33% 116% 12% 11 ... San Antonio Public Service— 41)* Corp ~2?4 26% 11554 ..10 6% cum 1st pref United Light 8c Ry 0% pref 80 ' - 3% 10 2% .. 5% 2 114 108% 102 25 Warrants United Gas Improvement......* $5 preferred * United 111 Co of New Haven * United Lt 8c Pr com A * Common B * 12 97 114 112% 107 100% ... 31% 6H 46 44 7% preferred 100 United Gas & El (N J) 5% pf.100 United Gas Corp com 1 $7 pref series A * 85 11 112" 103 6?4 100 100 $3 cum preferred Warrants United Gas & Elec (Conn) com 27% 29 103)4 103)4 111 102 108 United 118 New class A 21 132)4 152)4 Warrants.....—......... Ex-dividend. 145% 126)4 114% 109 33% 2% 15 . 42 163 8 6)4 • Preferred 50 Union Pass—See Phila R T Union St Ry (New Bedford)—100 Union Traction—See Phila R T 115 55 1045 .... 100% 111% Joseph Ry Lt & Pr 5% pf_.100 St 1 ._ 205 26)* 83?* 5% 103% % Union Gas System oom... 110)4 100 99 _* 102% 52% 108 30% 116 100 100 107 75 73 195 * 100 7% preferred 100 Union Electric Co of Missouri— 5% preferred. Union Gas (Canada) * 100 143)4 in 77 Twin States Gas & El 7% oref 100 Twin City Rap Transit (Minn)..* 117 107?* 160 . 6% preferred5% preferred 7?* 954 92)4 106?* 100)4 51)4 105)4 99)4 41)4 . 114 Third Avenue Ry (N Y) 100 13th & 15th Sts—See Phila R T Tidewater Power 6% pref * Toledo-Edison pref A 7% 100 Rochester Gas 8c Electric— 7% preferred * * $1.40 preferred class A x IK 115)4 St Joseph Water 6% pref 100 St Louis County Water pref..100 107)4 * 100 100 Corp common * 7% preferred • Texas Power & Lt 7% pref... 100 6% preferred.. 65 Light 8c Power 104% 29% conv Electric— $3 50 preferred 115 60 Rockland 100 85 1 2% Texas Power 35 6% preferred series O—--J00 6% preferred series D 100 5% preferred series E 100 Rochester Telep $0)4 pref 10U Rochester Transit common.. * 80 * » Texas Hydro Ridge Ave Pass—See Phila R T Preferred.. pref.500 Fes Texas Electric Ry... Texas Elec Service $6 pref Texas Gas Util com 5)* Rio Grande Valley Gas v t c 1 Riverside Traction.. ...—-.60 93 101 1?* 3)4 53 51 5o Class A 3 13)4 99 Tenn Eastern Elec 7 % pref. Terre H lute Elec 6% pref 93 % 2)4 * $6 preferred $5 preferred 52% 90 25 100 Public Service Corp of 110 40 50 102)4 * Public Serv of Ind $7 prior mi Line Peninsular Telephone Co com..* Penn-Ohio preferred Public Elec Light 6% pref....100 Public Serv of Colo 7% pref..100 95 19% 100 100 preferred Pecos Valley Pow Potomac Elec Pow 6% pref 100 Bridge— preferred Tampa Elec Co 7% preferred Tampa Gas. 7% pref 71 100 100 100 24 21 Tacony-Palmyra 75 16 114)4 4 68 1 27 $ Tacoma Ry & Pow Oo 2% 4% 71 60 J J * Syracuse Transit. 1% * Common..: 4% non-cum preferred 17 1 B Swiss Amer Elec 5% 117" 115 211* 18* 5 * preferred 7% 100 $6 preferred Portland RR 5% stock Postal Telegraph System— 6% preferred 5% preferred 4% 15% 1% 20% Suburban Rapid Transit St RylSo Superior Water Light 8c Power— 43 * Providence Gas Co 63)4 19 4)4 15% » Profoirod 42 - 5)4% Class 63 100 100 Portland Gas & Coke 7% pref 100 Portland Gas Light.. 50 92 41)4 116)4 103)4 63 63 2% 108 ♦ cum 5% Philippine Long Dist Tel 100 Pittsburgh Suburban Water— $5.50 preferred 100 Plain field Union Water.. Portland Elec Pow 6% pref. cum $4 162" 1% 94% * com prior pref preferred $6 cum prior pref Standard Pow 8c Lt com 7)4 20% 14)4 T R 85)4 5)4 —...— preferred Panhandle Eastern Pipe Common Phila $7 1 —100 Standard Gas 8c Elec 38 20 Traction—See Preferred St Louis Public Service— Pacific Telep 8c Teleg.. 6% 111 62 108 114 6)4 9)4 * 7% preferred 15 45 106$ 45 100 ♦ 27 Preferred 95 14% 86)4 78% $6 preferred 18 ► 105" Springfield City Water 0% pf 100 Springfield Gas 8c Elec pref * Springfield Gas Lt Oo 25 Springfield (Mass) St Ry Cos- Potomac Edison Co 6% pref-.100 13 % 85)4 77H 109)4 84% 72 93 Phila 106 78 6% preferred Pacific Public Service- 1st 104 41 169 Units Ohio 116 Southwestern G 8c E 5% pref 100 Southwestern Lt & Pr com A * 26)4 7% prior preferred 3)4 11)4 57)4 ~4~ Ask 16 S'western States Telep com Common 57 H Bid 15 PhilaCityPass Ry($22?* pd)-50 Phila 8c Darby Pass Ry 50 Phil & Gray's Fy ($25 pd) 50 Philadelphia Traction 50 Ridge Ave Pass ($28 pd) 50 2d & 3d Sts Ry guar —50 13th 8c 15th Sts Pass Ry 50 Union Pass ($30 5-6 pd) 50 Union Traction ($17)4 pd)_50 West Phila Pass guar 50 Phila Suburban Wat 6% pf 100 Phila Transportation Co— 95 22 Par Southwest Nat Gas $6 pref....10 Common 10c Germantown Passenger 50 Green & Ooates Sts ($15 pd) 60 Hestonville M 8c F com 50 Preferred 50 32)4 16)4 13 116 Stocks 31 Frandf'd 8c Southwark Pass.50 -— 115 6% preferred series 50 5 %% preferred 50 North American Light 8c Power.. 1 $6 preferred — — ~ North Amer Utility Securities... North Boston Ltg Prop corn.... 50 50 Citizens Passenger guar 50 Continen Pass Ry ($29 pd)_50 Fairm't Pk & Haddington..50 55 20 ■106)* 30)4 1)4 3)4 ...25 preferred! 7% preceding the date of Issue Ask Bid Philadelphia Rapid Transit 109 .........—* Niagara Hudsm Power .10 1st pref $5 series—........100 2d pref 5% series 100 Glass A option warrants....... Class B option warrants Norristown Water Oo.... 50 North American Co 10 ^hila Elec Power 8% pref 29 18)4 32 % Par Stocks 25)4 STOCKS possible for the closing day of the month Ask 121 7% preferred---- Newport Electric Corp com-..20 6% preferred — Newport Water $6 preferredL. * New Rochelle Water 7% pref 100 NY Mutual Telegraph (guar)-.25 N Y City Omnibus common....* are aa near as 10% 100% 59 i~90 if* — mm — «• — — — 11% 101% 61 105 10634 109% 108 111 110 104 112 110 - «... 1% J* 106 — ~ — 67c ?* 24 26 27" < New stock Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities." In the case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous." NOTICE—All bond prices Bonds "and interest" except where marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of issue »rs Quotations for a1! securities are as near as Ask Bid Bonds INDUSTRIAL AND MISCELLANEOUS BONDS 4Ms Abitibi Power & Paper— 1st M 5s 1953 ser A J&D Certificates of deposit Acadia Sugar Ref 4Ha 1955_A&0 General 6a 1954 A&O 16 Adams Express— 55)4 ?§* 72 71 Investing companies Advance Bag & Paper 6s '52-J&D 99 A&O A&O 42 Alberta Pacific Grain 6s 1946 J&J 58)4 55 M 59 50 f 98% 101" 75)4 100 % 98% 108 % 77)4 101% 99 % r Algoma Steel Corp Ltd— Conv 5s ser A 1948 M&N Allied St'bCorpdeb 4 Ms'50-A&O Debenture 4 Ms 1951 F&A Allis-Chalmers s f deb 4s '52.M&S Alpine Montan Steel Corp— 1st s f 7s 1955.- M&8 Amer Airlines deb 4)4a 1941-J&J 109 16 450 Amer Colortype 6s 1942 F&A Amer Dept St's (Pa) 4s '48--J&D Amer Dept St's (Del) 6s '47.J&D Amer I G Chem Corp— Conv deb 5Ms 1949 M&N American International Corp— See Investing 31 60 105 37)4 52 55" 102M 103" 8 F&A 112 Debenture 6s 1944 A&O American Type Founders Inc— Conf s f deb 2M-5s 1950---J&J Am Wire Fabrics 1st 7s *42.-M&S American Writing Paper Co— 105 119 90 Conv 6s 1961— Ann Apr/ Ames-Holden Tire & Rubber— , Income 7s Jan 1 1943 M&S;/ Anaconda Copper Mining Co— 56 107 95 102 % 39 11946...... 58 103 41M 98 25M 5s. 1955 M&S / 28* Arcade Mall Iron 7s 1943--M&N / Armour & Co of Delaware— 1st M 20-yr 4s ser B 1955.F&A 103M 1st mtge 4s series C 1957.-J&J 104 Arnold Print Works— 1st 5s Feb 1 1952 A&O Arundel Bond Corp 3-5s Dec 1 '53 / Arundel Dib Corp 4-6s Dec 1 '53/ Assoc Laundries of 111 0%a 1942— 75M 85 52)4 Associated Mtge Co 3-6s Dec 1 '53 51M Atlanta Laundries— 1st lien 4s 1952 55 J&J Atl Gulf & W Indies SS Lines— Coll tr g 58 Jan 1 1959 J&J Atlantic Ice & Coal 6s 1951.J&D 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945-M&N / Gen conv 6s 1950M&N / Baldwin Locomotive Works— istg 5s 1940 M&N Mtge 6s 1950 M&S Bait Steam Packet 5s 1942..F&A 99i.i 97 M 70 / 34 28 32 Bayway Terminal 2nd inc 6s *57- / 17 20 - Bedford Pulp & Paper 0%a 1942. Beech c reek C & C 5s 1944 J&D Bendlx Home Appliances— 6% conv debs 1944 M&N Bethlehem Fdy & Ma 5s'44 A&O Bethlehem Steel Co— Purch money 8s 1998—Q-Feb Cons M s f 4 Ms ser D '60--J&J 05)4 38 f 6s 1940 90M 87 102M 57 03)4 65 Called July 1 at 105. x J Called May 1 at 100. Ex-interest. at 101. 1st cum inc 5s 1957--Ann April / Deep Rock Oil 7s 1937 stmp M&SLf Deerfield Glassine 1st 5s Mar *50 '/ Defiance Paper 6s 1939 J&Di Delaware Floor Products— 95 63M 102 M 35 / 40 F&A 88M 59 62 94 Cum inc 5s (ex-stk) Nov 1 1949 »om Coal 1st 4 Ms ser A '52-A&O Serial 3 Ms 1940-1943 A&O dominion Steel & Coal 6 Ms 1955ominion Tar & Chemical Co— Deb 4 M« ser A 1951 M&N 10-yr notes >o 8M 81M 14 M 99 104 % 100 102 •umont §2M 82 106 99 —Jan 53 (Allen B) Lab— 1949 M&N / 60 lupfex Printing Press 3s 1944 Ji •urham Duplex Razor 6s 195565" •urez Plastics & Chem— 4Ms conv debs 1949 M&S 108 87 98 101% 99 40 31 95 IM&N i9 Eastern Mfg 7s ser A 1938--J&D 73 M 105 97 103 M 56M Elec Auto-Lite deb 4s 1952-F&A 11* 60 108 M 75 LXk. XXUiU Ooll s W(W Lf f 4s 1956 J&D Empire Properties Corp 2-3■ 1945 Empire Sheet & Tin Plata— 6s 1943 4 98 104M 32 45 96M 100 1947—.J&J Deb 5s series A 1955 2M-5s 107 61 14 M 11M deb 3s 1951—J&D llo" 81H 13 55M 84 89M 22 o 60M 54 23 98 to 70 20 23 61 46 M 116 b Basis. 108 101 A&O 103 M t Called June 1 17 M 102 101M 60 97M 93M J&D _ 1940 A&O Emporium Capwell Corp— 1st 4s * 107M J&D 1944. 1952 4% notes 1942 Erie Elec Motors 5s 1941 Canadian funds, 68 85 - Farm Ln s f 6s Oct 15*60 A&Olfi / Series B_. 40 103 H / 16 62 90% 3 10 A&O Cities Service Asphalt 5s 52.A&O City Ice (Kansas) 6s 1940—A&O City Savings Bank of Budapest 7s 1953........F&A l6" Fdy— . 6M Chesap'ke-CampCorp4M* '47J&J Childs Co deb 5s 1943 A&O Chilean Nitrate & Iodine Sales Corp inc 5s 1968 -J&D 56 M 5%-. M&S r 100 Credit Service—See Investing Cos Crowley Milner 5 Ms 1946—M&N 81 Crown Cork & Seal Co Inc— 15-yr 4s s f Nov 1 1950—M&N 105M 10-yrs f deb 4M« 1948 J&J 104M Crucible Steel 4Ms A 1948 .F&A 105 Cuban Tobacco 6s 2nd income 6s Mar 1946 ►etroit City Ice & Fuel— 4s w w 1948 / (his price includes accrued interest, 1 106M _ 103" 1 67 92 J&D Coplay Cement Mfg 6s *41 95 A&O Cosden Petroleum conv 5s '47 J&J 62 rove Meehan Coal 6Ms 1945. / 1 je Co 3 Ms s f deb 1951 J&D 102 Credit Fonder 5a 86 M Chicago Produce District— 1st cum inc 5s (w-s) '48--F&A Chicago Stk Yards 5s 1961-A&O 1 Curtis Cos 6 Ms A 1947 100 M&N Dairyland League— Certifs 6s May 1 1944 100 Certifs 5s May 1 1945 96 81" Certifs 5s May 1 1946 94 104 M Certifs 5s May 1 92 1947-101 Certifs 5s May 1 1948 / 90 101 Certifs 5s May 1 1949 88 J Danish Prod L'n Fund 75 5s *40 j"& j 25 Davidson Biscuit 5 Mo A *45 A&O 97% Davidson-Boutell 5s 99 1946...J&D De Bardeleben Coal Corp— 106M Chic Grain Corp 3-5s 1952 A&O f Chic Molded Prod 5s 1949.A&0 150)4 s IIII 104 J&J t 101% JA D Oonfl Invest Bond Corp 3-5s '53. Oont 1 Invest Deb Corn 4-6s '53 Continental Oil— Cudahy Packing 3Ms A '55.M&S Conv s f deb 4s 1950--.—M&S 109"sj 1941—M&N Chicago Daily News— 3Mssf debs 1950 100 96 119)4 / A&O / 1st 8s Guar gold 4s 1942 25 81 Sink fund 5s July 1 I960—J&J 61M Consumers Co (111) 5a 66 M 1956..J&J Consumers Rock & Gravel— 6s 1948.. J&J / 16 Container Corp 1st 6 s 100 M '46-J&D15 Deb 5s 1943 with 1st M conv 1111 111• 1 96 84 r Cumberland Ry & Coal— 88 Champion Paper & Fibre Co— 4 Ms s f deb '50('35 issue)-M&S 4Mss f deb '50('38 issue).M&S Ohateaugay Ore & Iron— 93 52 92" Corp— Central Steel 100 J&J s n-c 6Ms 1952 Battle Creek Sanitarium— 1st s f 4Ks A 1954 J&J Baush Mach Tool ext 5s '41-M&S 89 M 85 88 M Certain-teed Prod 6 Ms 1948 M&S Oespedes Sugar 7 Ms 1939 M&S f Champion Pap Corp 6s '45--F&A B&ragua Sugar Estates— 03)4 96 ' conv 4 Ms 1948 A&O 81 106 % 54 M J&D 102M Cousul Textile 1st gs iy41.. J<vl» / 9 Cum conv inc 5s 1953 14 M M&N f Consolidation Coal Co- Storage 100% 123)4 J&J J&D F&A 22 55 Central Foundry Co— 1st mtge 6s 1941 M&S Gen mtge 5s 1941 M&S Central Iron & Coal 6s 1938-F&A / Central Ry Term & Cold 103" 78 103 M 100 99 101M r 70 101 Franco-Canad— 25 M 21M 73 r 98 95 Consol Paper Corp 5 Ms 1961.J&J Consol Press 6 Ms 1949 J&D 74M 33 J&D Cum inc 6% notes Consol Oil s f deb 3 Ms 1951 106" 55 F&A 1950—F&A bs 1950 3 _ 102 M Celotex 122 62 40 102 Debenture 4 Ms w w 1947-F&A Central Coal & Coke— Non-cum inc 4s B 1941-..A&O me Conv deb 2Ms 1948 Roll & Steel 105 r r f 6 Ms A 1942 M&S / income 5s Apr 1951 / Oaasco Corp inc 6s 1949 M&S '72 103M 95 r 1st 48 4%b 1939 J&J / 68 Autocar Co 7s ext 1947—M&N 103 Avery (B F) & Sons 5s w w'47J&D 101M W ithout warrants 90% 104M 72% 101 warr 47 M r 1st —II 35 90 101 Carthage Marble Corp— 102 100M 102M r O 1946 St* 80 f 5s 1943-F&a 36" Continental r Corp ser 53 M 53 M 72 r Carrier Conv deb s Ask i 1954—.—J&J s 1948 A&O Cum inc 5s April 1967 Commercial Mackay Corp—See Public Utility Bonds. Connor Lurnb & Land 6s '41 M&N Consol Biscuit 1st 5M« B '46 M&S 34 F&A Cum inc 7s 1941-—..—.F&A Carlisle Lumber 6s 1945 106 M 74 104" 101M 101M Carribean Sugar— ...- 42 3 Iron / Income 5s 1970 An Apr / Columbia River Packers Assn— Income deb 2s Oct 1950 / Columbia River Paper Mills— 25 7s Certificates of deposit-1942 / 18 Campbell River Tlmb 6s '41-J&J 100 Campbell Transportation CoEquip trust 4 Ms to 1946--M&S 101 Equip trust 4s to 1951 J&J 99 Can Pow & Pap Inv 5s 1958-F&A Canadian Vickers 6s Aug 11947- 52M 48 Creamery— s July 1953 Canadian Nat Steamships— 25-yr guar 5s 1955 —M&S Auburn Automobile— beaver Mills 1st 5s 1950 1955 J&J Bldg 1st 5s stamped 1960 A&O Byers Machine 3-6s 1946 Byrndum Corp ext to Jan 15 1942 Calaveras Timber 1st 6s '38-M&N / California Consumers Corp— 1st lien 3-5s 1955 J&D Calif Cooperative Canadian Internat Paper— 1st M 6s 1949 ....J&J Can Locomotive 6s 77 49M 50 Canadian Bakeries 0M* '45.M&S Canadian Canners Ltd 4s'5lM&N 13 104K 101 & 51M 51M 68 M Burns & Co Ltd 1st s f 5s 1958 J&J Income 5s 1958 Ann, Apr Bush Term 1st 4s 1952 A&O Canada Bread 6s 1941 30 .... 15 f extl 6s 1940 J&J / Burns Bros deb 5s A 1961--M&S 98 72 70 Gen mtge 6s w IP 5s 1946-A&O Consolidated Cement Corp— 99 103 M 103 s 75% 71 Engineering Colo Fuel Cum 96 CanCementlst4MsserA'51 M&N Canada Paper Co 3s 1940-41-J&D 3)48 1942-45 J&D 4Mb 1952 J&D Canada SS Lines— 1st & gen 5s 1957 J&J 30 86 101 96 105M Climax Colonial Colliery 6s 1954 M&S Colonial S S Co. Ltd— — 1st 5 Ms 98 75M Atlantic Ice Mrg 6s 1945 F&A Atlantic Refg 3s debs 1953—M&S Atl Bug Rof 1st s f 4s '51—M&N Atlas Imperial Diesel Engine— Cum inc deb 6s 1947 Barber & Ross 4s 1945— Bates Valve Bag 6s 1942 J&J Camaguey Sugar— 98 Antilla Sugar EstatesIncome deb* 6s 1951 (w-s)—J&J / A-NY & B-NY Realization— 1948 Calif Group Corp 5 Ha 1956 M&N 91 Anthony (E C)— 1st s f 6s (San Fran) 1942 J&D 1st s f 6s (Los Ang) 1942.-J&D B A&O A&O Calif Cotton Mills 1st 6s *40-J&J Calif Dairies deb 6 Ms 1942.M&N Anglo-Chilean Cons Nitrate— Sink fund income deb 1967 J&J series f 68 1948 Deb s f 0)4a guar 1943 _ Sink tund aet> 4Mb 1960--A&O Animal Trap 5s Aug / 48 5hs 1950 ser B M&S / 47 Brown Pap Co ext 4 Ms *41-A&O 98 Bruck Silk M Ltd 6Ms '45.M&N r 97 Brush-Moore Newspa 5s '45-A&0 103 Bryant Paper 6s A 1942 M&N 98 53" 75 1st 1st 95 49 50 51 Cons g 5s Jan 40 stpd 1946—J&J M&S Bid 6s to 47 4% notes ser F 1946 M&N Burmeister & Wain (Copenhagen) 36 93 .... 101M Bullock's Inc (Los Angeles)— 4% notes ser O-E to 1941-M&N Amer La France & Foamite— Amer Seating 6s 103 Brandr&m-flenderson 6s '56. J&D r Brit Col Packers 5s 1953 J&D 73 British Columbia Pulp & Paper— 1st 6s 1950 M&N fr 84 Gensf 7s 1950 M&N fr 87 Bklyn Serv Station 5 Ms *46-J&D 35 Brown Coal Indus 6 Ms '53.-A&O / 13 M brown Co 1st 5)48 1946 A&O 15-yr 5)4% notes 1956 J&D Am Lime & Stone 5Ms '51—M&S Am Mach & Metals 4s 1943--J&J Amer Nat Co (Ohio)— Extended 6s stpd 1943 J&J J&J Buck Hill Falls Co 6s 1959-M&N Budd (E G) Mfg 6s ext 1941.F&A Buffalo Gen Laundr 6 Ms '41.J&D 45 Companies Am Silica-Sand 6s 1951 Am Tobacco deb 4s 1951 Bonds Cleve Tractor conv 5s 1945.M&N 100 15-yr s f conv 3 Ha debs '52 A&O 108 M 108M Cons mtge 3 Ms ser F 1959-J&J 106 105M Cons mtge 3s ser G I960--F&A 101 101M Cons mtge 3 %a ser H '65—F&A 103 H Serial debs Mar 1 1941-50 » to 100 Blaw-KnoxCo 1st M 3 )4a '50 F&A 99 Blethen Corp (Seattle)— 1st 6s 101M 105$* —.-J&J Lumber Mills 6s 1940-42-F&A Boston Wharf 1st 4s 1941 A&< > Bowser (S F) 7s 1944 M&N 54 - 1941 0)4a 1917. Bloedel. Donovan / Albany Perf Wrapping Corp— to 99M|]< 102 Aeolian Co 6s 1944 J&J 96 Agar Packg & Prov 5s 1945-J&D 63 M Akron '1 imes-l>ress 1st 6s '45 A&O 102 Alabama By-Prod 6s 1955 J&J 91 Alabama Mills 6s (w-s) 1953.J&D / 38 Without stock J&D 30 6s 1955 Ask 100)1 74 See 1st M coll tr 6s 1948 6s assented w w 1948 Bid Bethlehem Steel Corp— J&J J&J A&O k Last sale, 57 M 63 55 105 M 100M 19 n Nominal. INDUSTRIAL 82 MISCELLANEOUS & NOTICE—All bond prices are "and interest" except where marked "f" and Quotations for all securities are as near as possible for the closing day of the Bid Bonds ^InYestCo-— European Mtge D—-F&A iy66 1st lien 7 Ms 87 M 1954—-—F&A 7s Ernesto Breda Is? he Wser O*- M&B Everlastfk°Inc 1st 7s 1937-M&N - - - n 19 4 19 4 / / f / & Cof deb 1956—-J&D Fairbanks Morse 20-vear 4s s (6-1-40) 1st calk Called 2nd call Falstaff Brew - ~ " I i~n Tnl Canadian— 3Hs 1st & coll 4 - 1940-1942. J&D Ms 1951- —--J&D r 100 Inst 7s 63A &.( / r Federal Grain Ltd 6s 1949--F&A Fed Home Mtge 6s to 1941. -F&A f Fed Port!Cement 5s 1947—M&S f Federal Screw Wks conv 6 Ms 39 1st s f 5s 1949---------- , „ Filtrol Co of Calif 6s 1946— J&D Finance Co of Amer at Baltimore 4 notes 1947-----—, Finland Residential Mtge Bank— 4% 99 80 100% loo" Holland-Amer Line 6s 4M-6M8 1st mtge 60" 95 deJ 28 4M«47A&0 6s 1972 Wharf Co-series A 1951 J&D series B 19M----J&J Gar lock Packing 4 Ms 1946—J&D 4Mb Dec 15 1947J&D 104M 32 33 60 55 78 119 80" 123 101M 101M c 69 / 72" 101 101 i 103 103 100 100M 100*32 3s 1940-J&J General Bronze deb 6s 40--M&is Certificates of deposit 100B3J 99 Deb s 104K 1947 ser A. J&J (Germany) 7s 45.J&J 16 f 5Ms -J&D 1940--- M&N f tis 1948 101 / / 27 M 25 87 1941.M&S Good Hope St & lr Wks (Germ y) 5 f g 7s Oct 15 1945---A&O 15 / 19 105 Gordon-Pagel 6s 1940-1944--J&D Gotham Silk Hosiery— 102 1946- —--h--— 88 101M 60 Graham Paige Co 1st 6s 43-F&A / 100M Granby Consol Min & Sm 6s 1942 Grand Rapids Motor Coach— Cum inc 7s 1962 w s M&S / 78 Grand Rapids 28M 104M 76M 69 M 100M 100 —J&J 74M / 62 / / 74 47 47 M 2 Grigsby-Grunow conv 6s '36 M&S f 62 M Groc St's Prod conv 6s 1945-J&D 102 M Gulf States Steel 4Ms 1961-/ Gurney Foundry Ltd— 53 M 1st 4-5Ms (w s) 1949 B Gypsum Lime & Alabast— r 98 M f 23 UJ'-J.IVU VUixv vfuiio A 1955 -M&N sinking fund 6s 1956--A&O OVi k> WJV/A / 5 / 5 / / 4 19 77 78 77 79 85 86 88" 19 / 41 113 74 Interlake Iron Corp— Conv deb » f 4s 1947 40 72 92 93" 105 105M r VW** coll tr s f 5s 1942—M&N International Match Corp— Deb s f 5s 1947 M&N Certificates of deposit Conv deb 6s 1941 J&J15 Certificates of deposit- 104M 100 r 104M 100M 102 % / / / f A__ J&J 103 J&J 103 103% 103 % 102% J&D 61 57 Jefferson & Clearfield Coal & Iron 95 95 M 47 Line & Gas— 98 M 1st 5s series A w w 1952—J&J Karstadt (Rudolph) Inc— / 7 6sCtfs of dep w w stpd 1943 os stamped (par $925) 1943 / 11 6s with warr (par $925) 1943-_ / 11 102 M Keith (B F) Corp 6s 1946---M&S 96 Kelsey Hayes Wh'l 1st 6s '48.J&J 94 15-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 40 3M-6M8 1945 J&D 98 Keokee Cons Coke 5s 1959--J&J Keyes Fibre Company— 1st 6s 1940-1949 M&N b 95 97 Kings Co Refrig 6s 1942 A&O 104 Kingston Elevator 1st 6s '50 M&N 65 104 76 49 48 M 64" 103 55M 100 99 Kirby Lumber 1st 4s 1947-J&J 16 96 Knudsen Cream'y 5Ms '50-M&N 87 Koehring Oo (Milw) 6s 1945.J&J M&S f 13% 97 M Koholyt Corp 6 Ms 1943 105M Koppers Co 4s 1951 M&N Kresge Foundation— * 10-year coll tr 4s 1945—-J&J 3M« coll trust notes 1947-F&A t 102 % 10-yr 3s coll trust 1950—M&S 104 Gen 98 101 U UMkUVUOU U Steamship U" A o x > 25 • Lines— 60 Harborside Warehouses— Non-cum inc 6s Jan 1973— Harpen Mining Corp— 6s with warr for Am shs / J&J / 43 M Krtuger & Toll— f 5s uniform ctfs of dep 1959 La France Textile 1st 6s '42-J&D f 19 / 99 Lake Erie Bolt & 18 21 5-6s April 1 1946 Lake St John Power & 1st 5Ms 97 M , Lane Bryant * t Called June 1 at 104. includes accrued interest. Called July 1 at 102. 103" 99 «»i to - - 80 J&J 1961 r An Apr Inc deb6s*40wwM&N t Called May i Called May 1 at 105. 31 at 103. a 96 3 55 54 27 M 30 25 29 H 25 70 13 103 % 87 103 M 126M 126M 130M 129 90M 53 99 M 97 M 98 H 108M 104M 125M 129 M 82 45 H 96 M 79 81" " ""9593 stamped 1948 F&A McGormicks, Ltd, 4s 1952—.J&J McCrory Stores Corp— 6s if deb 1951 M&N 3 Ms s f debs 1955 A&O 102% r 103M 69 72 94 r 95 104uji 103 M 105 20-yr conv deb 5Ms 1950-M&N / Mead (The) Corp— 1st M 6s 1945 with warr__M&N + 97 104 M 97 M 4% 30 101M 4-5Ms to 1945—.A&O Memphis Commercial— 100M Appeal 4Mb 1952 M&S 94 M Mengel Co conv 4Mb 1947—M&S Merchants Distilling Corp— 50 5% conv deb 1947 M&S Merchants Ice & Cold Storage— 83 M 1st 6Ms 1943-49 A&O Mercury Mills Ltd 5 Ms '53.M&N r 88 98 Mersey Paper Ltd 5s 1957—J&D r Gen s f 6s ser A 1949 M&S r 100 92 Messenger Corp deb 4 Mb '51 J&J Messer Oil 1st & ref 6s 1942—J&J 96 96 Conv s f deb 6s 1947 J&J 68 Metropolitan Ice 7a 1954—J&J Mlag Mill Mach'y 7a 1956--J&D / 15 Middle States Petrol 6M« 1945— '99 % Miehle Printing Press & Mfg— Deb 5Ms 1948 ?F&A d 102 Mil er At Hart inc. deb 6s '43. J&J 70M Miller & Lux Inc 1st M 6s '45A&0 / 102 M Milton Mfg Co 6s 1952 55 M&N Minnesota & Ontario Paper Co— 1st 6s series A 1935 A&O 36M 1st 6s series A 1945--38 H A&O 1st 6s serial* B 1948 J&J 38M 1st 6s series C 1950 M&N 38M 11 5-yr 6% notes 1931 M&S Minnesota Tribune & Manlstiq 100 Pulp & Paper 5Ms 1941-.M&S Missionary Sisters (Waukegan, 99 M .111) 1st ref 3M-4s 1951—A&O Mohawk Rubber ext 5s 1948 A&O 95M Mohs Ltd 1st s f 6s 1953 70 J&J r Molybdenum Corp of Amer— 96 6% notes 1942 J&D Monon Coal—See Chic Ind & L Ry. Monong Riv Cons Coal & Coke— 1st 6s 1949 118M A&O Monroe Coal Mining 6s '47-.F&A 96 M Montreal Cotton deb 5s '43.M&N r 103 Montreal Dry Docks 6s '48-F&A f 50 Morris Plan Corp— See Investing Companies 99 Mtge Bond Co (Md) 3-5s Dec 1 *53 Mortbon Corp— Coll A 2M-5s ser 1 1941 - J&D 101 105M conv 80 101M 94 M 90 99 18 H 99 H 37 M 40 M 39 M 39 M 12 M 99 51 83 70 73 Coll D 70 73 76M 78 69 95 2M-5s ser 3 1951 J&D 2M-5s ser 4 1956 ..J&D Mosinee Pap Mills 1st 5a '61 .A&O Motor Transit Inc 6Ms 1952-J&J Munising Pap 6s A &B 1943-A&0 - 88 M 105M 92 M Munson Steamship Line— 102M 5 33 Secured 6s 1937 J&J '/ Deb 6Ms Jan. 1 1937 ww A&O / Certificates of deposit / Namm (&A I) & Sons 6s 1947F&A Nassau (Ger; Landbank 6Ms 1938 / Nat'l Acme 4Mb ext to National Bondholders '46-J&D Central Funding— All series 38M 2M 2M 101 13M 102 M / 13 (Hungary) 7Ms 1962 F&A / Natl Consol Bond Corp 3-5s 1953. 103M 85 National Central Savings Bank 89 63 M 54 65M 99 M 4 100M Called June 20 at 105. k Last sale, 104M M&S 4Ms 1955 Medusa Portland Cement— £° B ^"5s 8er 2 1946 -J&D OjI C 98" Paper— 1961 Debenture 5s 39 J 51 6s 80 J&J [Lancaster Corp 3Ms A 1949-J&J 101M • / This price May 1 at 103. 52 Nut— 98 1951——A&C Hart Coal inc 6s 1945 Hatfield-Campbell Creek Coal— at 95M —— Harris-Seybold-Potter— Conv a f deb 5s 16" Kansas Pipe 103 Aiaui w* 95 5M% dividend 1st mtge 4Ms ser A 1961—M&S Journal of Gomm 6Ms '47 J&J r llansa ~3% Paper— Indiana Co 1st s f 5s 1950--J&J Jones & Laughlin Steel— r 100M 96M 3% 3M 9 3M 9 101M 1955 ser A.. .M&S 105M internat Pow & Pap of Nfld— 76 M 1st M 5s 1968— —-J&J 1st 4 Ms 1968 J&J r 93 49 Interstate Deb Corp 2-5s Jan 1 *55 Interstate Zinc & Lead deb 7s '32 / 15 Iron City-Ohio River Corp— 89 H Iron City ser 6s Dec 1 '48-F&A / 21 Ohio Riv ser 6s Dec 1 48 F&A / 5 lOlM 61 .[sort* FrHSchint 7s 1942 J&D 81 88 86% y Ref mtge 6s Jacobs (F L) notes 1942 40 24 25 24 24 24 24 51 f A&O 1st & coll 4 Ms A 1949 McCoid Had & Mfg— 1st mtge 76% -. / / / / / / f / / 105 Liquid Carbonic conv 4a '47-J&D 103 % Loew's Inc debs f 3 Ms 1946.F&A Logan County Coal 7s 1942.M&N f 21 1st ext'd l-4s 1956 M&N / 10M 125 Loiillard (P) Co g 7s 1944—A&O 127 M 5s, 1951 F&A 81 Lukens Steel 5s extend 1955 M&N 100 Mackintosh-Hemphill 5s'51.J&D Manati Sugar 1st 7Ms '42..A&O / 62 Cei tifieates of deposit / 62 45 1st s f 4s Feb 1 1957 M&N 94 M Manhattan Refrig 5Ms 1941.J&J Mansfield Min & Smelting— 7s without warrants 1941-M&N / 17 Maple Leaf Milling— 78 5M8 to 1949 --.J&D Marine Elev (Buff) ext 5s '52M&S / 25 79 Marlon St'm Shovel 6s *47—A&O 75 Stamped 93 Massey-Harris 1st 4~M~s~1954.M&S Matthiessen & Hegeler Zinc— 91 Extended 3-6s 1945 M&S 1st 75 1947 54 M 52 M . a A&O 1st & rel s f 5s 1947 ser 38M 95% McKesson At Bobbins inc— 60 56 r Internat Agricultural Corp— 25 102 ~2M 1% / * - Co— 1st mtge income 1975 J&D Lehigh C & Nav fund 4s '48 J&J Cons s f g 4Ms 1954 J&J Cons s f 4Ms 1954 ser O..J&J Lehigh Valley Coal— 1st 5s stamped 1944, 1st & ref 5s 1954 F&A Stamped 1954 1st & ref 5s 1964 F&A Stamped 1964 1st & ref 5s 1974 F&A Stamped 1974 Sec 6% notes ext to 1943--J&j Stamped 1943 Leonard Tietz—See Tietz Leipzig Trade Fair 7s 1953-M&N Libby McNeil & Libby— 1st mtge s f 4s 1955 J&J Liberty Baking 6Ms 1944—.M&S Liggett & Myers g 7s 1944.-A&O Gold bonds 5s 1951 F&A Lincoln-Boyle Ice 6s 1947—-A&O Lindsay Nunn Pub 6s 1944—M&S Lion Oil debs 4Ms 1952 A&O Met oil Fronteuac Oil— 100 J&J - Ask _ 74 » i/ux *-»■ ~7~" 5 1st mtge 3s ser F 1961 A&O Inspiration Consolidated Copper 1st mtge conv 4s 1952 A&O x^ter City Baking 5M8 1948. J&J International 1st s f 5s ser r 100M 32 M 40 / Inland Car Lines 5s 1944 — 102M 31M 1st extended 6 Ms 1946—-F&A Industrial Acceptance 4s 1952 J&J 89 M 80 / 100 M&N Internat Mercantile Marine— 1st M coll trust 6s 1941--A&O Grand .OLlllilUlJ 27 M 13 M M&N Indianapolis Motor Speedway— Grand Rapids Stores Equipt Co deb 5s 1949 F&A Trunk Ry Terminal 6 Cold Stor 1st 6Ms 1952. A&O Granite City Pig Iron— Cum inc 5s 1943 —M&S Graton & Knight 4Mb 51--J&D Great Lakes Paper Co Ltd— 1st • f 5s 1955 A&O Griess-Pfleger Tan'g 5 Ms'48_ J&D Cum income l-5s 1954 J&D 76 24 / Bid — 73 1st & Operating Corp—- 6s extended 1942 M&N 1954 1st & ref s f 5s ser B Goodrich (B F) 4 Ms 1956—J&D Gordon Baking Co (Mich)— 5s series B 1945-50--—-J&D 5 f deb 5s w w 99 98M A&O Indus Rayon 4Ms A 1948 Ind Br'nhoist 6s Oct *54. * I Corp— 103 % 4Ms ser A 102" 101 Prior lien s f 6s 1942 laJUU 15-year deb 3 Ms 1951 F&A 74 Gen Rayon deb 6s 1948 w w_J&JL) f 68 X Gen St J Cast 1st 5Ms '49 w w.J&J General Steel Wares— r 100 4 Ms ser A 1952 —--A&O 90 Georgia Marble 1st. 6s 1950.M&N 102 Gerlack-Barklow Co 6s 1950-F&A 18M German Atlantic Cable 7s ly45-- / 14 German Bldg & L d Bk 6Ms 1948 / 73 M Glen Alden Coal M s f 4s 65 M&S Globe Industrial Loan— See Investing Companies. 94 Globe Wernicke 6s Oct 1 44-J&J Gobel (Adolf) Inc— Conv deb 78 101M A&O A—J&D Line— 8 f 1st mtge 6s 1946 J&J 2d mtge inc 6s Feb 1956 Hungarian Central Mutual Credit Mfg 7a 1937 J&J Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 —J&J Hungarian-Italian Bank Ltd— Sinking fund 7Ms 1963 A&O Hydr Press Brick 6s 1944—A&O Hygrade Food Products Corp— 1st & ref 6s Jan 1949 A A&O •f 6b 1949 series B .. J&J II Progresso Italo-Amer Pub— Debenture 6 Ms 1943 w w„ A&O III Car & Equip 5s 1948 J&J llseder Steel iutge 6s 1948--. FA A independent Brewing 6s '55.J&J Indian Refining 5s Dec 1 1941 — Indiana Ice & BSiel 6Ms '47-M&N Ind Limestone inc 6s 1952-.M&N 105M 25 General Finance— See Investing Companies. Geu Motors Acceptance 67" 76 550 Houston Oil Co of Texas— General Cable Corp— 6Ms 64 x (Portland. Ore)— 4Mssf debs 112 Gen Amer Transport Deb 101% Hudson River Day 52 Ref 5 Ms Ref 5M« Gen Elec 100 Hudson Coal 1st 5s 1962 45 Galveston 1st mtge s 102 A&O A&O A&O (Berlin) 1st 7s 1946 45 57 1943-- Jal» e notes 90" 87 Housing & Realty Improv— Co——See Real Estate Companies Francisco Sugar 6s 1956 -MAN Franklin Co Coal Co 7s w s 49J&J Franklin Deb Corp 4-6s 53-J&D Fraser Co 6s Jan 1 1950—7,-J®;* French Nat Mail SS Lines 6s 52 Frick (H O) Coke 5s to 1944-J&J inco '47-_M&N 1st coll 3-5s 1950 Forest Lawn Fruebauf Trailer 96 1944—A&O Holly Sugar Corp— 1st 3 Ms 1941 1st 3 Ms 1942 1st 4s 1947 Home Serv Corp 6s 1957 Home Service stamped 1961---— M&S 104 M Firestone T & Rub 3 Ms 48—A&O First Bohemian Glass Works— / 7 1st secured 7s 1957--——J&J Flour Mills of America Inc— 28 Conv g 6M% notes 1946.A&O f 32 Follansbee Bros 5s 1947-----J&D / 65 Fontenelle Brew 5s ww 1947 - J&J Gair (Robt) 96 94 103 S f 6s Frick-iteid Supply 6s 22 1947-M&N Heywood-Wakefield 5s 1946 J&D Hightstown Rug 6Ms w w 1944.. Hill Mfg Co ext 6s 1945-—M&N Hines Land & Timber Us '48—J&J Hoberg Paper Mills 5s 1946 -J&J Hoe (R) & Co 5-7s 1944 w8—A&G 62 58 Hearst i'ublica 6Ms to Healey Petroleum deb 5s 1948 J&J Helvetia Coal Min 1st 5s '58.A&0 80 47 52 * 98 107 M 99 Farmers Nat M tge 37" 20 Inc deb 5s 1989 98 r Lautaro Nitrate 110 1st 6s sf 1946 ■. .J&J / 36 Haytian Corp inc 8s Oct 1938 Haytian Corp of America— 49 M Conv s f 4s 1954 75" Bonds / Hawley Pulp & Paper Co— 1021332 104*82 1947—J&D deb 6s Famous Players 1st & coll --- - - - 107 90 and defaulted bonds the date °f issue Ask Bid Ask BONDS income n Nominal. b Basis, r e Called May 7 Quoted in guilders, y Called d Called May 1 at 102. Canadian price." x MAY, 1940] INDUSTRIAL & MISCELLANEOUS BONDS 83 NOTICE—A11 bond prices ere "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid 119944876352 Ask 101% 103 106?! Nat Container deb 5 Ms *52- A&O Nat Dairy Prod 3 %sw w'5i M&N Natl Debenture Corp 4-6s 1953.- 107 106 106M 96 IVA 20 Cum conv inc 5s 1952—M&N / Natl Grocers Ltd 4s 1947—A&O National Hungarian Ind Mtge Inst 7s 1948 M&N / Nat Ice & Cold Storage (Calif)— 19 68 5 54 103 22 % 24 M 104% 104 % / National Steel Corp— 1st coll M 3s 1965. A&O Serial notes %% 1940—A&O 100 A&O 100 % 100% 100% A&O A&O -A&O 101 —-A&O A&O 101% 102 A&O A&O Gen&collsf 6%s 102% 102% A&O National Supply— 1st M 3%s 1954 National Terminals Corp— 103 % 104% 105M , 1940-—A&O/ 23 29 Coll tr s f 6 Ms 1943 A&O / Natl Tool conv deb 6s w w*42F&A Nat Union Mtge 4-6s A *54.-J&J 1954___: J&J Nekoosa-Edwards Pap 6s'43.J&J New Eng Laundries 5s 1956.J&J New Niquero Sug 3%s*40-'42-J&J 85 90 79 55" M&N/ N Y L E & W Dock & Impt— Extended at 5% to 1943—J&J/ NY Shipbuilding 1st 5s '46.M&N New York Trap Rock 77M 70 101 J&D J&D 86 92 29 31 102 Equip trust 4M« Aug 1 '40-*46- b Equip trust 4 Ms Nov 25 '40-'43 b Equipt tr 4Mb 1940-47 J&D15 b Equip trust 5 Ms Sept 1 '40-'44_ b North American Cement Corp— Deb 6%s A with warr '40-M&S 1943 M&S Income 6%s 1953 M&S Nor Amer Refract 6Ms 1944-J&J North German Lloyd— 20-yr s f 6s 1947 Now 6-4% 1947 4.30 5.00 82" 83" - Without warrants Otis Steel s f 4Mb A 1962 J&J Oxford Miami Paper 6s 1947-F&A 9 36 o§* 39 19 30 60 97 1940--.-J&D15 / Certificates of deposit / Pan Amer Petroleum & Transpt— 7-yr div notes 3M« 1943—J&D 7-yr div notes 3 Ms 1944..J&D Panhandle Eastern Pipe Line— 103 1Z7/* 99 100M 82" 81 Pacific Western Oil 3M 1949.F&A Pan-Amer Industrial 7s '37-M&S f Pan Amer Petrol Co (of Calif)— 9 99 102 74 M a 38M 41 58M 95 H 98 H 99 M M 35 35 2 m ~ , m> mm -— 96 1st mtge & lien 4» 1952—M&S 104M Paramount Famous Lasky 6s 1947 / 120 Paramount Publix 5Ms 1950 / 120 Paramount Pictures 3 Ms '47-M&S 89 Parmelee 104M §6" Transportation Co— S f conv deb os 1944 A&O Paton Mfg Ltd 1st 4 Ms '56-M&S Peabody Coal Co (Consol Co)— 1st s f 5s 1953 ser A_ M&N Peerless Cement 1st 5s 1948--J&J Penman's Ltd 1st 5Ms '51 M&N Penn Amer Coal 6s 1941-56--J& J Penn Dairies 1st s f 6s 1949 J&J Penn Mercantile Properties— Secured s f 3-4s 1961 J&J 43 46 * 73 98 M 97 r 108 95 97 98 M loo" 48 58 96 M 97 M Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.M&S15 Pennsylvania Glass Sand Corp— 1st s f 4M« I960. J&D - a 51 St L Rky Mt & P 5s '55 stpd .J&J 3t Paul Un Stk Yds 5s 1946-A&O Saltex Looms Inc 6s 1954 A&O Saratoga Victory Mills— 6%s with warrants 1943 J&J Saxon Pub Wks (Germany)— 1st extl s f 7s 1945. ,__F&A / Gen & ref 6Ms 1951 M&N OA. Willi Wttl «. - / lviao 32% I 1st & coll 4 Ms A 1951 J&. Skelly Oil 3s deb 1950——-F&i (Howard) Paper Mills Ltd OA - 101 102 100% 100% 1st 80 M 81M 1st gtd 110 J&D 41M 102 M 62% s 1st 4s w s 1950 101M 100M 98 M 98 106M 98 102 M 101 109 5 5 105% 104% 100% 2% 1944_ ——! J&J 101% 2%% 1945 J&J 101% 2%% 1946 J&J 102% 2M% 1947 -J&J 102% Stand Textile Prod 6 Ms *42 M&S / 30 Stanley Co fCamden) 6s '40 J&D 99% Stanley Crandall 6s 1946.-F&A 100 Stanly-Rowl-Clark 6s 1946-.F&A 100 Starrett Corporation— Secured cum inc 3-5s Apr 1950/ 21 Steel Co of Can 6s 1940 J&J r 110M Stern Stillwater Worsted Mills— Deb 5 Ms A 1943 Stinnes (Hugo) Corp— J&J 47 78 7s 2d stamped 1950 F&A 9M 101M 45 17M 105M 103 M 13 102% M&S / 25" 2 96 99" 70 75 20M 46 M 87 14 14 35 11 33% 30 31 43 45M 45 M 102% 82 108% 11 Summerfield Hecht— F&A 15 M&N / Sink fund deb 5s 1938—-J&D Swift & Co 3 Ms 1950 M&N 26 100% / 16% 31 100% 3% 105 Taggart Bros Co 6s 1944 J&D Taylor-Warton Iron & Steel— l65% 100 Coll inc 7 Ms July 1 1958.-A&O / 72 Tenn Coal & RR 5s 1951—J&J 127% Tenn Prod 1st 6 Ms 1936 &J / 73 Term Refrig & 75 Warehouse Corp— A&O 100 Term Warehouse 2d 5s '42--J&J Texas Corp deb 3%b 1951—J&D 50 103% 106% 93 103% 106% 95 f 5Ms ser A 1951 M&S r 102 Ticonderoga Pulp & Paper 6« 1940 98 Tide Water Assoc Oil 3%* *52J&J 106% Tietz (Leonard) 7%sx-w *46. J&J / 15 Tilden Lumb & Mills 6 %s'46M&S f Tivoli Brewing conv 5* Jk* 1947 J&D 78 Tomahawk Kraft Paper— 1st 5s (with stk) 19ol A&O Trask Timber 1st 3s 1944 J&D Uchi Gold Mines 1st 6s 1941 J&D Ulen & Co— II" 82" 64 Superior Elevator & Forwadlng— s 22% 26 1940-1942.M&S / Sugar Pine Lumber Co— 1st 33 100 100 3% debentures 1959 A&O Thermoid Co 5s w w 1951J&D Three Rivers Grain & Elevator— 13 102 % 103 103% 37 5Ms w w 1949-A&O 81 Studebaker Corp 6s 1945 J&J 108 Stutz Motor Car 7 Ms 1937.-A&O f 1 Sugar Estates of Oriente— 4Mb 1948 105 102 35 J&J Superior Oil 3 Ms debs 1950. A&O Susquehanna Silk Mills— 95" 105% 101% 99% 1st s f 5s 1948 l.M&S Struthers Wells Titusville— 1st mtge s f 6s Jan 1 1951 107 25 Strange (John) Paper 6s '44—J&J Strawbridge & Clothier— dep 59% 39 7s 2d stamped 1946 A&O Stinnos (Hugo) Industries— Extended 3-5s 1951 109M 78 43 J&D / 19% .... 30 58 103% F&A / 7 1M% 1943—J&J 1st M serial 6s 16M 16 9 45% / Brothers 6s s f 1947 J&D Stevens & Thompson Paper— 3 Ms extended to 1958 76 83 65 44 Southwest Dairy Products— Conv income 5s 1944 Standard Ice 1st 6s 1947 Standard Oil Co (N J)— Debenture 3s 1961 102% 63% S'west Lumb Mills 5s 1955. -M&N / Spalding (A G) & Bros 5s '89M&N / Staley (A E) 1st mtge 4s '46.F&A 1st 7s 1942 ctfs of 43 H 85% „ — 105 9 80 A&O A&O 15-yr 2Mb deb 1953 102% 103M 13" 80 75 f 4 Ms Serial notes 101% 103 100 M 35 100 75 —J&D 1946.F&A 94 Southern Improvement 1st 5s *41 / 12% Southern Kraft Corp— 1st leasehold 4 Ms 1946 J&D 102% Southern New England Ice— 104M 102 — 84 101% 1967———.A&O Southern United Ice Co— 77 ser 7b 1940 1st gtd 6Ms 1940 1st 101 33 90 106% 78 x _ 100M 100M 102M 75 106% J&D 1st &ref 5-8s 1942 Sou Ice & Util conv 6s 77 50 50 93 M 30 — J&J/ / B-.A&O / / coup on) n to 101 Mills— Southern Ice Co— Schulco Co 6Ms 1946 Stamped (July 1933 f 6s 1947 s 77 5 100 Gen mtge inc 6s April 1950 Southern Advance Bag & Paper— —— 54" Southern Brighton 100M 101% 103 75 52 M 98 75 99 28% 100M 102M r Smith & Wesson 5 Ms 1948— Socony-Vacuum Oil Co— 3s debentures 1964 J&J South Coast Corp— 50 92 M r 3.50%. 4.00% Ann Apr / 300 •/ 72 M 23 Smith 53 - 85 / 6% notes 1937 J&J/ Sayre & Fisher Brick 6s 1947.J&J / Schoenstadt (H) & Son 6s 1950 107 oi 100% 90 Simpsons Ltd— 50 55 '50 M&S *51—F&A / Rom Cath Church Welfare 7s 1946 / Ruhr Chemical 6s 1948 A&O / Ruhr Housing 6Ms 1958 J&J / Sahara Coal inc deb 5s '40-M&N / 8t Louis Amuse't 1st 6s '45-A&O St Louis Oar Co— 1st extd 6s stamped 1945-M&N St Louis Gas & Coke Corp— IstMsf 6s 1947 J&D/ * Called May 13 at 105. t Called July 26 at 102. Called May 1 at 100 plus unpaid interest, b Basis. 7s w-s Richmond (Va) Ice Co— 1st & ref 5-6%s 1947 A&O Richmond Radiator 5s 1948 M&N Rima Steel Corp 1st s f 7s '55 F&A / Riordon Pulp & Paper Ltd— 1st 6s June 30 1942 J&D30 River Raisin Pap 1st 6s *45—F&A Roberts & Oake (Chi) 6s '44.M&N Roch & Pitts C & 1.5s 1946-M&N Rocky Mtn Fuel 5s 1943 A&O Rolland Pap 1st 4 Ms A '51-M&N Roman Catholic Bishop (Portland Me) 4s 1958 A&O 3-3 Ms 1940-1948. A&O Roman Catholic Church 6 Ms 1946 / f 6 Ms 1946 Stamped 4.00 4.50 V±VJ~ 98 24 s A - 82 M 83 104 Guar J? 6s rr — 100H 96 Richardson & Boynton Co— Cum income 4s 1945 J&J / 3 Richfield Oil of California— Conv l f 4s 1952 M&S 107 Richmond Cedar Works 6s 195344 Rlchmond Hos Mills 5s 1948-F&A 48M 12" njo 3M 102 Rhode Island Ice 5s 85 U9V Deb 6s 2930 103 X 85 1st 3Ms 1941-1943 M&S r Produce Term & Cold Storage— 1st income 6s 1958 J&D 98 Protestant Church of Germany— 7s 1946 A&O / 13 Prov Paper Ltd 5 Ms 1947—M&N r 102M Purity Bakeries 5s 1948 J&J 103M Quaker City Cold Storage— 1 st s f5s 1953 M&N 39M Rhine-Main-Danube 84 Inc deb 7Ms (w s) Aug 1 1953Oregon-Am Lumber 6s 1942-A&O i / Oregon Pulp & P 6s to *45--M&N Oreg Terminals inc 5s 1945—A&O Orono Pulp & Paper— 6s stamped 1943 —-J&J / Osgood Co deb g 6s 1943 J&D Oswego FallsCorp 4 Ms 1952.M&S M&S 100 Rheem Mfg conv 5s 1948.—A&O 106 M Rheinelbe Union 7s 1946 J&J / 23 3%s assented 1946 f 17M 91 94% Paper— Potomac Bond Corp 3-5s 1953 Potomac Cons Deb Corp 4-6s '53Potomac Deb Corp 4-6s 1953 Potomac Franklin Deb 4-6s 1953. Potomac Md Deb Corp 4-6s 1953 Potomac Realty Atl Deb Corp— 4-6s 1953 Potrero Sug 7s stmp 1947—M&N 1st mtge 4 M® s f 1956 J&J Reynolds Met deb 3 Ms '51—J&D 91 O'Gara Coal 1st inc 5s 1955 M&S / Old Ben Coal Corp 6s (w s) 1948 Pacific Atlantic SS 2-5s '43-M&N Pac Coast Cement 6s A1942. J&D Pacific Coast Co 5s 1946 J&D loo" 97 94 1951. Siemens & Halske— 6 102 99% 96% b vx 100M 69 %• 68 %• r 1954. - 104 Railway W'house 4-6s (w-«) '47- 96 ii* - 107 100 Realty Bond & Mtge deb 4-6a *53. 61 Reliance Grain Ltd 4Ms 1952-J&J 93 Remington Rand Inc— 20-yr deb 4 Ms w w 1956—M&P 101 4Mb without warr'ts 1956 M&S 100 M Republic Steel Corp— Gen mtge 4Ms ser B 1961 .F&A 98 Gen mtge 4Ms ser O 1956 M&N 97 H Purchase money 5Ms '54.M&N Restigouche Paper Ltd 6s '48F&A r 96" Revere Copper & Brass — 99 debs J Sharidan-Wyoming Coal Co— 1st s f 6s 1947. J Shippers Car Line— 3 103 68 Union Oil Corp— 2 Ms Shuron-Optical 2 %-2 % % June 1 & Dec 1 '46 2 M-2 % % June 1 & Dec 1 *47 2%-2%% June 1& Dec 1 *48 98 94 OceanSSCo (Savannah) 5s '43J&J O'Connor Moffat deb 6s 1948F&A 1 110 106M ) 106% I Shell - 7 2M %% June 1 & Dec 1 *43 1M-2 % June 1 & Dec 1 19442-2M % June 1 & Dec 11945- 2.50% 99 — — A A Securities Acceptance Corp— 19 F&A M-l % June 1 & Dec 1 1940-1 '41 2.50% 97 r 1948. I M-i % % June 1 & Dec 29% 3.00 1945.F&A Nova Scotia S & C 5s 1959.-J&J 6s perpetual stock J&J 1st conv s f 3 Ms 1963 J&J f fis — Serial notes— 1.75% 97 1st mtge s f 5%swwl945.F&A s 99 104% 102M >/ 67M > 110M 5M 1st ref 5s 1936 M&N f 2M Pocahontas Consol Collieries 1st gold 5s 1957 J&J 104 M Poor & Co s f deb 4s 1946 A&O 99 U Portld Woolen Mills 6 Ms'41 M&N 99 M Porto Rican Amer Tobacco— Conv 6s 1942 J&J / 82 M 6s stamped 1942 / 82 M Port Royal Pulp & 1 %-l M % June 1 & Dec 1 *42 1 M-l 2.65 3.25 1937 -J&D f N'west Pub's Deb 4M* 1948.J&J Northwestern Barb Wire Co— Pitts Steel Railway Express Agency Inc— 55 ser f 6s 103 M 3.75% 3.75% 3.75% 4.00% 96 M 28 6s conv s 4.30 M&N - 110M 103 M Pitts Term W'house & Transfer— AsA: 98 U Scullin Steel 1st 6s 1941 1st conv 3-6s 1951 75 " 50 J 1940.46.J&D K 1940-48. A&O 3M 73 Phoenix Iron 1 st sf 6s 1946-M&N Phoenix Silk Mfg 7s 1943 F&A / 6s A '46- _M&N / Pierce Butler & Pierce 6 Ms '42. / Pine Hill Collieries 1st 6s '42 A&O / Pittsh Brewing 6s Feb 4 '49-..T&J Pittsburgh Coal deb 6s *49 F&A Pittsburgh Coke & Iron Co— lot mtge conv 4 Ms 1952—M&S Pitts Crucible Steel 5s to '45-M&S Part paid ctfs (for 6% deb and common stock) 65% paid Debenture gold 6s 1941—J&D 6s stamped 1941 _J&D / Midwest Corp ref 6s 1940.M&N 45 Ea tr 3 Ms ser Northern Elec & Nor Pap Mills— 1st 4s 1940-1947 M&N 1st mtge 5s to 1948 M&N Debenture 6s 1943 M&N Northern Redwood Lumber— 1st 4.30 M&N North Western Refrigerator Line Equip trust 4s ser I Jan 1 *41-'43 M&S / 5s 1953_F&a deb '48-M&S Radio-Keith-Orpheum Corp— 99 M 94 M 34M 6%s 1949 Warehouse 1st 5Ms 1946.M&N 50 North American Car—■ Bid J 110M 13M 3M Qulncy Market Cold Storage & 94 91 Deb 4s 1941 J&J Nivelle Corp 4s 1952 M&N Nordberg Mfg Co 1st 6s 1943M&S warr 90 88M Partic deb 2d mtge 7s 1946 J&D JNew York World's Fair 1939— 5M8 without 56 M Corp— 1st mtge s f 6s 1946 6s stamped 1946 Equip tr 4s 55% 54 % & RR— 1942 6s 1st 5s 1957 ———M&S 2d conv deb 4s 1957 M&S Subord notes 5s 1947 1st 6s ext 5M% Conv deb Phillips Elec Works Phillips Petr 3s conv 26 J&J f N Y Dock Co 1st g 4s 1951-F&A Conv 5% notes 1947 A&O Bonds 5 M&S f 36 Phelps Dodge 3 Ms 1952 J&D 110 Phila & Read C & I 5s 1973.-J&J / 13M Pratt Cons Coal 1st s f 5s *55 J&J Pressed Steel Car Co 5s '51 J&J Wee Bros & Co Ltd— / Ask 1943 98 102 78 Newport Industries— NYLE&WC w w 5s to 1941 _ J&D 3-5s series B Bid Pickering Lumber J&D See Investing Companies Nat Oil Prod deb 4s 1952—.J&D National Radiator Corp— Cum income deb 5a 1946- -M&S 1941:. 6s 52% National Distillers Products— Conv 3 Ms debs 1949 M&S National Fire Proofing Co— 1st M conv 5Ms A 1946.M&N 1st s f ext 3 %s-6s 1952 National Industrial Loan— Bonds Pettibone Mulliken— 87 93% 11 48 50 110% 8s debentures 1959 F&A 103% Union Rock 1st 6s s f 1947,-M&S / 13 Union Term Coal Stor 6s "39-F&A 100 r 95% 10% Union Oil Co of California— 6s May 1 1942 ser A F& A J Quotation based on $89.50 of principal amount 5% was paid on July 2 and 5M % /Thisprice includes accrued interest, k Last sale, n Nominal, 40 76% r Conv 6s 4th stamp 1950.-F&A Unified Deben Corp 3-5s 1955 United Amusement Corp— 1st s f 5s ser A 1956 F&A United Biscuit deb 5s 1950--A&O 3 Ms debentures 1955 A&O 107% 72 111 'st 103% 14 74 * 106% on Canadian funds, 167"" Sept. 25. Ex-interest. x MISCELLANEOUS BONDS INDUSTRIAL & 84 and defaulted bonds the date of issue NOTICE—All bond prices are "and interest" except where marked "V and income Quotations for all securities are as near as possible for the closing day of the month preceding , 67 Uni ted Drugs 5s 1953 M&315 United Grain Growers Ltd— Walker 73 69 72 M A&O United Corps Ltd inc 5s 1953 F&A United Elec Coal Cos lnc 7s 1946. 87% Ms 105 J&D 1945 87 M Walton Lumber 1st 6 Ms '41 Q-Jan / Walworth Co 6s s f deb 1955. A&O J&J 98 100 1949..-M&N 99 101 50 United Merch & Mfrs 6s 1945 J&D United Industrial 1st 6s 1945-J&D 99 102 18 30 Deb 6 Ms 1941 M&N U 8 Gold 8torage(Chg)6s*45-J&J 18 25 6s debentures 1948 M&S Warner Co 1st 6s 1944 A&o Warner-Quinlan Co 6s 1939.M&S / Warner Sugar Corp 7s 1939.J&J / 1948 A 5Ms series B 99 M _ s f deb 6s 1941 M&S / 31 1937 M&S / 24 (8D) Co— 103 1st mtge s f 4Mb 1952 M&N 95M Conv deb 4Ms 1952 M&N 90 Watab Paper 1st 6Ms 1942.-J&J 62 91 1031#»i Webster C&C 1st g 5s '42 op M&S 99 M West Indies Sugar 6s 1947. _A&0 / 2 25 M West Va Pgh Goal 6s 1947—. 23 M West Va Pulp & Paper Co— 101 % 1st mtge 3s 1954 J&D 101 Western Dairies Prod 6Ms '41J&D Western Grain Co 6s 1949 J&J / 35 Western Newspaper Union— 55 Conv deb 6s 1944 _F&A 92 M Weyenberg Shoe Mfg— 1 5 Ms notes Warren U U 8 Print & Litho 6s 1950 A&O U 8 Radiator Corp— cony deb s f 5s 1940 F&A U 8 Steel Corp 3 Ms debs '48 J&D 98 M 61 103% United Steel Works (Germany)— 6 Ms series A 1951 J&D 3 Ms assented A 1951—.— 6 Ks series C 1951 J&D 3 Ms assented C 1951.. 6Ms series A 1947 —J&J FrH f3H __ 3 Ms assented A 1947..*..— United Stockyards Corp— 15-yr coll tr 4 Ms A ww *51 A&O United Wall Paper Fac 6s 1947.. Universal Sewer Pipe 6s 1943-J&J Utah Ice & Storage (Colo)— 92 Debenture 4M» 103M 1st M & f 4Ms ser A 82 M&N * 5-year 7s ser A 1930-. J&J Secured 6s 1945 M&S Wilbur-Suchard 4s 1952 Wilson & Go 4s ser A 1955 J&J Oonv debs 3 Ms 1947 A&O Wilson (W P) inc 6Ms 1945.M&N - .... 7 mm mm mm 39 5l"' Wise Lime & Cement 6s 101 115 12 12 17 85 25 20 105M 101M 74M 5Ms 1943 M&S - '38.A&0 106 M 102 75M 101 83 Witherbee Sherman Inc— Extend Income 6s 1963...M&N 73 Woodland Farm Dairy— 100 J&D 6 Ms w w 1944 /This price includes accrued interest, 99 fc Last sale, Exch... 550 Commodity Exch.. 907 NY Prod Exch 1,318 101 n 43.000 5,900 1,800 7,000 membersh. Stk Exch 76 Stock Exch. 139 Chicago Bd of Tr__ 1,549 Chic Merc Exch... 473 Chicago Stock Exch 348 Cleveland Stk Exch 41 Detroit Stock Exch 58 Ft Worth Gr & Cot 65 Kan City (Bd of Tr) 213 Los Ang Stock Exch 73 Milw Grain & Stk. 155 Minn Ch of Comm. 523 Minn-St P Stk Ex. 18 Montreal Curb Ex. 100 Montreal Stock Ex. y80 view Orl Cotton Ex 500 New Orl Stock Ex. 70 Phila Stock Exch.. 200 Plttsb Stock Exch. 100 St Louis Exchange43 Salt Lake Stock Ex. 43 San Fran Stock Ex. 69 Seattle Stock Exch \ 30 Seattle Curb & M. / Toronto Stock Exch 113 Washington Stk Ex 40 Winnipeg Gr Exch. 403 25 475 3,250 1,850 625 1,500 2,250 375 NT Y Curb 95M 91M 106% 104 Baltimore price, e Canadian Nominal, . "975 3,250 1.850 300 1,500 550 l",806 2,500 375 650 4~666 4". 500 l'ioo 350 1,200 "150 150 1,100 1.000 6.000 6"oo6 18,000 725 100 700 450 500 500 16,500 200 3,800 1,950 2,000 3,900 1.400 20,000 250 68,000 6.100 "805 925 80 Boston m 114 Last Sale Exch...1,375 $52,000 Exch_. 450 6,000 Sug Ex. 344 1,850 Assoc 37" 96 95 107 '700 "875 "700 400 750 "400 1,000 "200 250 350 3,500 4,000 n s Sale price. xEx-inter- 80 seats, 70 members. V Quotatlons are for the last day Atlanta 1 Ms, 2s 99 M 15 Burlington Chicago 3 Orleans Is, 2s First Texas 2s, 2Ms___' First Trust Chicago 4Ms, 4Ms_. Fletcher Ms, 3Ms Fremont 4Ms, 5Ms Illinois Midwest 4Ms, 5s Indianapolis 5s Iowa 4Ms, 4Ms Lafayette Ms, 2s Lincoln 4 Ms First New — Company in receivership. 88 North Carolina Ms, lMs. Bid 100 100 100 100 100 100 100 100 100 100 80 North Carolina Pennsylvania 100 Potomac 99 M 44 Par 100 100 100 110 101 108 5 100 2M 100 106 Par Bid Stocks Atlanta Atlantic 81 Dallas 91 Denver 47" Des Moines First Carolinas 100 Fremont 99 Pennsylvania lMs, lMs. 100 3s, 3 Ms New York 5s issue. Ask 80 Oregon Washington Pacific Coast Portland 5s 99 M First Carolina lMs, 2s First Montgomery 17 3M 100 Denver 2s. 3s Bid Lincoln 5s Lincoln 5 Ms 99 M Atlantic Ms, lMs of the month preceding the date of Bonds Ask Bid Bonds r 102 M Winsiow Bros & Smith— 80 b Basis. Called May 1 at 103 M- "5" 101M " 90 1st coll conv 5s 1951 A&O Vertientes Sugar 1st 7s 1942— / 18 Certificates of deposit Viau Biscuit Corp 0 Ms *40—J&J r 100M 6 Vicana Sugar Co 6s 1P55 J&J / Victor Amer Fuel 6s 1940—F&A / 36 Victor Fuel 1st s f g 5s 1953..J&J Oft Mo Va Hardwood Lumber 6s *42. J&D 45 M Va Iron Coal & Coke 5s '49.M&S 98 M 98 93 92 r r r r N Y Cotton N Y Oof & 112 Wickwire Spencer Steel— 7s certificates of deposit 1935— Prior lien 7s certificates 1935 / 88 r 95" 100M 1966.-F&A M&N White Sewing Machine— Deb 6s 1940 100 95 Van Dorn Iron Wks 7s June 11942 8 Whitaker Paper 7s 1942 62 1954J&D Utilities Elkhorn Coal 6s 1948 J&J Valvoline Oil ext 5s 1947.-M&N Van Gamp's Inc 1st 6s 1943..J&J No. N Y Stock 103 M 1945.....J&D J&J 1942-1945—-J&J J&J —J&J 1940-1947 A 1952 EXCHANGE SEATS 104 M 97 M Wheeling Steel Corp— 31 4-5s est. 49 28M Conv 101 1st sink fund ser B 1949..F&A 8 Finishing 5s 1944 J&J Vulcanite Portland Cement— 1st 7 Ms 1943 M&N Wabasso Oot'n 3M-4Ms '51 F&A §9M 69 Warren Bros Go— U 8 Gold Storage (Kan City)— 1st sink fund 6s ser A 1940-F&A series A 79" Woodward Iron 1st lien 5s *62J&J / 106 2d conv inc 5s 1962. .Ann Apr / 111 68 Woodward & Tiernan Print— 6s 1942.— J&J 90 80% Yates-Am Mach 3-6Ms *44.A&O 60 70 York Ice Mach 6s 1947 A&O 94) Debenture 6s 1943. J&D 893 30" Voungstown Sheet & Tube— 1 st Ms f 4s ser C 1961 M&N 106 M 31 % Conv 4s debs 1948.. M&S 103 % 29 76 Warner Bros Pictures— 5s series 3 M« 4s series A 4 Ms series 66 M A&O 20-yr 1st mtge 4s 1955 105M 105 Waltham W tch & Cl'k 6s '43 J&D 97 Woods Mfg Co Ltd— 1st 3s to 1941 (Hiram)-G & W— 4 Deb Ask Bid Bonds Ask 55 Walker Coal & Ice 8s 1940..M&S United Cigar-Whelan Stores— „S f fit Oct 1 1952 Bid Bonds Ask Bid Bonds Phoenix 5s 99 M Lincoln Phoenix 4 Ms 99 M 104M 103 M New York Potomac 1 Ms 100 99 % 24 13% St. Louis 22 60 San Antonio Ms, 2s.. 99M Southern Minnesota 99 % 13 100 Southwest (Ark.) 5s 83 98 Union Detroit 2 Ms 99 M 78 Virginian Is, lMs Virginia Carolina Is 86 San Antonio Virginia Virginia-Carolina 99M 99 M 100 ... Ask 90 45 50 155 49 165 56 14 66 53 18 J* 3 7 2 5 95 105 30 34 3 100 Quotation shown is for all maturities. Investing Companies Stocks and Bonds Concluded from page 72 Stocks and Bonds Par Per Seaboard Finance Corp $2 cum pref ww 47 49 22 Common 47; - — 35 % 1 34 M 101 8.96 4.37 36 M 58 4 58 1 94 88 .05 — — — 9.76 . ~ Ipanish & Gen Corp Ltd— Am dep rets ord reg £1 Amer dep rets ord bearer—£1 Spencer Trnak Fund Inc * Standard Amer Trust Shares 1 Standard Investing Corp— $5.50 preferred w w * Standard Utilities Inc ....50c ♦State St Investment Corp * Super Corp of Amer Class AA. — Class B class A 2 1 2 Supervised Shares ..1 Talcott (James) com 9 5 M % partic preferred...... 50 Tobacco & Allied Stocks Inc * 60 Tobacco Securities Trust Ltd— Am dep rets ordinary... £l 1% Am dep rets deferred £1 97 Transamerica Corp ......2 91 .72 Trl-Contlnental Corp....——* 6% cum preferred * Warrants 5s conv deb 1953 J&J % 59% 4% Quotations not furnished by sponsor or - — 32 5s ♦ - - 47 4 M« Mar 1 1942 M&S March 1 1952 M&S Sovereign Invest. Inc., com..10c share 22 4 * Par Bid Per 5M 25M 25M 1 $2 cum preferred * Second Carey Trust 100 Second Investors $3 prior pref.25 $1.50 convertible preferred 5 Securities Co of N Y cons 4s Securities Corp General com—• Securities Invest com ♦ Preferred 100 Selected Amer Shares Inc ....2M Selected Income Shares........ 1 Selected Industries com * $5.50 prior stock 25 Convertible stock 6 Allotment certificates. Shawmut Bank Inv Trust— Stocks and Bonds Ask Bid issuer. • No par value, e Ex-coupons. Stocks and Bonds Ask Trusteed Amer Bank Shares B 57c 25c Trusteed 25c Industry Shares 1 16.44 ♦Trustee Stand Invest ser O—..1 ♦Class D 1 3.62 ♦Trustee Standard Oil shares A.l ♦Series B 1 Union Investment common ___* 3.52 10M .30 71M 3.63 "A 73 % J* 36 56% Unlt«< 78 % 106M M&S 1940 N Y Bank Shares U S Elec 10.54 5% 37M 58% 10M 5% &» M 107 M /Flat price, G3—* Light & Pow tr ctf A... .95 1.40 2.64 2.47 2.57 5.49 5.09 , 3M 7 1% 16% 2.21 Trust ctfs series B U 8 & Foreign Securities com..* 5M 5M $ 6 1 st preferred * U. S. & International Sec...—* 93 95 * 10c 1 Utility & Industrial Gorp 6 Convertible preferred.—.—.7 Wellington Fund ..........1 69 1 69 1st 10% % 5% 5s 63c .85 United Insurance Trust Shs 2.59 3.51 9.97 deb Conv share 1.30 2.54 Trustee N Y Bank Shares 15.51 Ask Per share pref with warrants Util Equities Corp com $5.50 priority stock Western Reserve Inventing—■ Deb 5Ms 1944 ...F&A 53 15.70 , k Last sale, n Nominal. ai* 102 M * Ex-dividend. Industrial and Miscellaneous Stocks Quotations for all securities are Stocks Par Bid Per aa near aa Stocks Ask Par Per Burlington Mills— * Preferred. 23 * 2534 554 Preferred Beaunit Mills 88 5 3 10 pref_20 38 7% preferred.. 100 Washington Mills 100 Wellington Mills * 97 119 10 5 Preferred J. ...100 West Point Mfg..20 60 24 24 K 90 94 Winget Yarn Mtge 6s 8 % preferred. .100 Chlquola Mfg 20 6% preferred Clifton Mfg (SO) 100 Climax Spinning..50 Columbus Mfg (Ga) * com 4 9 2% 4% Vi .* 9 10 Cabot 2634 Mfg Draper Corp Farr Alpaca 60 80 83 Spinning- 43 16 46 19 9 70 20 40 110 1034 See Indus, stks Dwight Mfg—12K Eagle Yarn Easley Cotton Mills 7% preferred Eflrd Mfg 100 12 9 20 16 11 53 109 10 7% preferred.. 11 25 7% preferred.. 100 82 88 Fulton Bag & Cotton Mills * 35 38 22 25 * oS5* 39 534 20 13 Hartford Rayon vtcl 1 Hathaway Mfg.. 100 Kendall Oo Gaffney Mfg— Conv pref-- 50 10 * $6 part pref A » 834 100 Kilburn M (N B).75 107 234 Merrlmac Mfg—100 Preferred 100 119 89 K 148 07 90 41 Bol Inca 11K 13 34 UK IK Grendel Mills- 120 130 3534 634 7 42 34 Consol Bulolo Mines 29 K 12 34 iVA 1 1 22c 1 Mining Gold 44 34 134 734 . 34 IK 30c 234 7K 18 ing, Ltd. 28 Bunker Hill Knit.5 7% preferred..100 12 114 14 116 Hartsville Cot Mills. Henrietta Mills— 82 87 110" 4% preferred—. 4 7 5 IK Highland Pk Mfg 20 134 7 7 10 1 334 Calumet 8c Hecla—5 7K 7K 42 47 Carnegie Metals 60 66 55 6% preferred.. Imperial Yarn 19 58 l00 (Baltimore) 2 Preferred--.100 4434 7 634 3034 6 Industrial Cotton Mills pref 234 734 42 42 Clear 43 9 43 45" Majestic Mfg 22 24 Marion Mfg Co Marlboro O Mills..4 Com class A * 25 25 K Com class * 25 Dye Works com 10 I-aurensC M 100 Limestone Cot Mills Lin ford Mills.. 27 9K 60 5134 I* 14 H 1534 Mock Judson 24 30 7734 100 100 100 Pilgrim Mills 78 K Monarch Mills.. 100 Mooresville Cotton. 25 14 Roxboro Knitting— Preferred 3 1534 1634 20 ■ 100 22 Skenandoa Rayon.* 5 % preferred- -100 Soule Mill (N B).1U0 Tubize Chatillon__l Class A. 1 32 6 7 83 89 37 40 834 34 & 7% preferred..100 92 * Elastic 25 3034 Mills 7% Utica Knitting..100 7% preferred.. 100 i Mat Yarn Mills...50 8K 36 94 7% 34 OK Southern Mills 6 „ 134 114 154 44 K 60 3 121 2K 40 K 64 Cotton 77 4434 100 25 1 734 — 46 105 Preferred.. 834 80 93" Mills (SO) .25 4 100 6 50 Bibb Mfg 100 Brandon Corp A. 100 Class B * 7 % preferred—100 60 Eagle Pkh Lead..10 96 • 46 63 134 49" Southern Southern Weaving.* Golden 63 Sterling spinning 20 63 57 84 89" 2334 27 90* nl* 95 634% pref Union 61" 25 Copper Co 100 Hecla Mining...25c Hollinger Mines...5 17 22 1st 7% pref 2d 5% pref 234 46 55 60 & Smelting Copper Isle 734 1434 102 1834 50 i 13 103 10 Lake Shore Mines. 1 Lava Cap Gold Mini Magma Copper Coin McIntyrePorcuplne5 Miami Copper 5 Mining Corp of 50 9 Royale Oop__25 Jardine Mining. 1 Kennecott Copper.* Klldun Mining 1 Louisiana L'd A Ex 1 46 80' 1 King David Min.50c Klrkland LakeGold 1 8 99 1634 Mining..! $6 preferred 46 1st M 6s Jan 1941 Internatl 20 Island Creek Ooal.l 9 19 Victor-Monagh'n 100 7% preferred. .100 Victory Yarn Mills— 2334 134 39 41 8c 86' 11 National Rosarlo 34 42 20 K OK 6 2034 634 634 1434 5K 27 K 127 1434 6 2834 130 134 2 30c 55c 34K 3534 K nM 25c 15c % 1734 82c 5 34 35 34 37 1034 Without par value. rCanadian price, g 11c 60c" 1 134 154 534 534 Hargreaves Mines * Bd of Tr Bid Tr.100 a Bos Gr'd R'T Tr 100 a Bos RET (Bos).lOO'a Bos Stor W'h'se.lOO a Boston Wharf...100 a 10 20 12 5 11 Cent BldgTr 100!o Chic R E Trus's. 100 a City RE T(O)-.500 Congress St Associ¬ (Bo8ton).l00 a Factory Bldg Tr.100 Fifty Associates (B) Hotel Tr (Boston) 100 Kimball Bldg Tr 100 5 75 a a a 2 - 2 250 — a 6 a 1 TITLE GUAR¬ ANTEE & SAFE DEPOSIT STKS Amer Title & Guar25 Bankers Bond A Mortgage Guar. * Columbia (D C).—5 EmpireTitle AGulOO Home Title Ins (NY> K Lawyers Mtge Corp5 Real Estate (DO) 100 Guar A 14 10 34 172 Trust of New York 20 West Jersey Title & Guar Co 50 3 334 140 INDUSTRIAL AND MISCELLANEOUS * Lab'tories.* 4 34 % conv pfd 100 Abbotts' Dairy _* 35c 50c 6754 68 140 Common 18 1 7 9 75 65 70 Mfg. .100 Preferred 100 Abitibi I'ow A Pap.* 6% preferred -100 534 36 34 H* IK 4 IK 6634 6934 55 el* 1.45 1.75 954 1034 43" 4754 48 4834 2034 22 24 2434 1634 1734 7% preferred—100 Abraham A Straus.* Acme Steel 25 Acme Wire —10 Adams Miliis * Addressograph Multigranh r?orr>. .10 Advance Bag A Pap 6% preferred..100 8% preferred.. 100 Advance Kumely..* 99 254 Aeolian Co— Aero IK 07 K Supply Mfg— 1 22 23 K Class B 1 6 634 634 134 2 Aeronautical Corp.l 49 Preferred Vgnew-Surpass Common 25 100 Agfa Ansco (Del)__l 3 2334 2.50 68c 1 5c Oo_25 40c 50c __* 12 108 1234 109 5 554 Air Associates 1 Aircraft Accessories 1 1354 434 70c Aircraft Precision.. 1 434 8c fAIr Devices Corp.l Airplane Mfg A Sup 1 Copper of \lr 2634 Shoe Ain*worth Mfg 134 7 Aetna Rubber Preferred --—100 7034 1054 Class A Warrants % 634 534 1 48 50 4 23 21 954 * Old Dominion REAL ESTATE TR A LAND STOCKS Technical Inst—.l 85c 5 Mines Utah % Name changed to Conn Tel. A Elec. Corp. t New stock, x Ex-dividend. Wright 6% preferred A.50 % 1734 Aero Industries Nlpissing Mines Preferred B * 354 32 White Knob Copper Preferred 10 Aberfoyjp Keduc'n com..* 6 13 34 454 454 1} 4834 48! t Air-Way Electric Mining Com._25c Nominal, 57c 34 100 54 K 43 Oklahoma Interstate n Plate 54 K Noranda North Butte 100 Utah Metal A Tun. 1 Walker Mining 1 8/ 934 2.70 Aberrrombie & Fitch 23 Ohio 8c 120 18c 4034 534 554 234 Washington Tin 634 1034 21 42 1 OK 9K 10 39 118 1 Aetna Stand Engine* Newmonfc Mining.10 N Y A Honduras 13 % 9 54 2.55 3 34 % % Mining.lOc Tonop Bel't Dev 10c Tonopah Mining. .1 Union Copper Land A Mining 25 Utah Copper Co..10 Abbott Tunnel and Mines com..• New Jersey Zinc..25 5 65 17 60 534 2 34 Silver-Lead.l A B Stove 8K Canada • Mt City Copper.-5c 14 105 134 1054 11c Inspiration Cons 104 1234 .* Idaho Md Mines..1 Illinois Zinc * "s" 10 Shattuck Denn .5 Silver King Coal—5 $6 preferred 12 34 common Howe Sound Oo 5 Hudson Bay Mln 56 80 100 100 2234 IK Homestake Mines 134 Buffalo Mills Common 1 Granby Cons MSA Power common..5 Greene Cananea 120 100 Cycle Mines 100 20 Textiles Inc com.. 10 Class A pref 100 ClasR B pref 50 2 22 100 — Joseph Lead 1% 10 10c 39 34 554 snares St Anth Gold M...1 St 16 134 Antelope Mln Ltd Amer Title Goldfleld Consol 15 Worsted— 1st mtge notes Spartan vli'lls Startex Mills 1 Oorpl6 67 57 98 * i!H 1 18 Franklin com 88c Zinc, Inc Federal Mining 8c Smelting new General Tin 67 9 Print Wks 81c 1834 10K 5 15 1 -44 25 _ x 4 75 Preferred 534 K 7 % preferred- .100 Evans-Wallower 7 & K Evans Wall Lead— 65 108 Thomaston Cotton Mills common .100 17 34 Avondale Mills Beaumont Mfg preferred 55 93 25 Stowe Spinning * Gold Min 8c M..1 6% preferred..100 Rowan Cotton Mills 7% preferred 100 100 Dome Mines Ltd..* Riverside & Dan Riv Process Apple ton Co 28" 79 Southern 100 55 2634 8 15 K * 48 Ore8son Consolidated Smyre (A M) Mfg 10 7 % preferred Southern Bleachery 554 Mills 52 119 71 32 Copper 48 67 14 54 Amer Enka * Amer Yarn & Proc— 29 K 16c 5 M —100 Acme Spinning.-—. 8 K 10c 4% Saxon Mills--....50 Wayne Knit Mills.5 Abbeville Mills.- 8K 27 34 14 Mohawk 40c 6 100 Common IK Cons Mln 8c Smelt .5 7% preferred..100 Perfection Spinning. Pickens Mfg Piedmont Mfg 20 Poe (F W) Mfg.. 100 RanloMfg 10 7 % preferred. 100 Riverdale Mills— 7 % preferred. -100 _ 30c Copper Canyon. 10c Copper Range .* Cornucopia Gold.5c 55 7% preferred 1K Consol 12 Cotton Mills.. 100 10c 28 2 Norris Cot Mills Orr Cot Mills...100 Qulncy _ 34 34 30 42 31 Pacolet Mfg....100 234 Saco Lowell Shops Common _—.—.* Musgrove Cotton Newberry C M..100 3 See Borden— Copper.-..25 Creek Cons— 25 58 1 1434 34 • Premier Gold M 1 Preston East Dome 1 ates 36 34 % 27 Voe— 1 Qulssett Mills—100 Rich Borden Mfg— Preferred.. 38 " 20" 50c 4 34 Clemenceau Min 25c See Indus. Stocks 1 Mills com K * 113 May Hos'y Mills 100 $4 preferred Mills Mill pref.. 100 Patchogue Plymouth Copper Corp Common Bleachery & 22 Pep pert) 11 Mfg Pierce Mfg 1 Central Am Mines. 1 Central Eureka 1 Cerro de Pasco 36 100 • Zinc-Lead Oo 36 Rayon class A..25 N J Worsted pf-.lOO Newmarket Mfg * Nonquitt Mills * North Amer Rayon— 6% prior pref..50 3 54 34 King (J P) Mfg.. 100 7 54 33 New Bedford Pacific Mills 3K 10 Sup Chief Consol Min.-l Chile 70" 21 12 34 64 Lanett B Callahan 20 5 Co.. 95 100 154 1 12 K Preferred Judson Mills A pflOO Preferred B 100 734 Naumkeag Steam Cotton Zinc Butte 8c 101 5 r 6 Sull'n M & 02 J4 Butte Copper & Inman Mills 48 734 1.90 Dredg¬ 16 103 Pocahontas. Sunshine 24 Hanes (F H) :_1 Teck Hughes Tintic Standard Bralorne Mines Ltd* 16" Dredging Roan 68 32 Austin Silver Min-.l Bagdad Copper 5 Black Hawk 23 17 Nashawena M • Nashua M (N H) 100 Preferred 100 2nd preferred 1 Preferred 120 115 128K Smelting .1 $5 prior conv pf 25 Anaconda Copper Mining Co 50 \ndes Copper M.20 38 Mt V-Woodb Mills Arcade Cotton Mills 107% & 40 Hamrick Mills 754 1-30 Amer shs ctfs._10 Consol Gold 20 10 Glen wood Mills .100 Preferred ...—20 18 K Gold Lead Gainesville Cot MUls 20 Units Mills Juneau Zinc Gossett Mills-.-. Granteville Co 20 . 234 Pato 4 STOCKS 7 23 Martel Mills— Wamsutta MINING 41 20 Ludlow Mfg Assoc.* Luther Mfg 100 Mfg 3 $3 prior pref com Sagamore (F R) 6K 2 So Am Gold A Plat. 1 8 27 45 85 121 llOK * Mining 4 54 534 1 - 434 Patino Mines A 80" 100 Wabasso Cotton Alaska 3534 834 K OK Preferred 100 Montreal Cottons.. Preferred 100 Penmans Ltd com.* Amer 4 1 Pioneer Gold Ltd._1 Polaris Mining.-25c Can Converters. 100 Can Cottons Ltd 100 Preferred 100 Domin Text Ltd * 18 28" 8 7 10 Pond Creek 13" 105 Consol Mines Stand 49 Ask share Enterprise— 116 50 33 Goanold M (N B)._* Preferred 100 Prior preferred.25 Bel ton 10 K 48 Florence Mills.—100 Loom Wiscassett Mills.. Woodslde Cotton.20 Bid Tin Consolidated Park-Utah Consol 100 — Preferred 100 the Globe Knitting. .2 H Goodall Worsted.50 7% 43 Process.-* Cotton Anderson 1* 20 Pacific Mills Canadian Mills 6% preferred.. 100 72 "7" 55 Flint Mfg Go ..* Oriental Mining. loo" 65 Erwin Cotton 4 100 Cleve Worsted Mill Common * Alabama 98 7% preferred-.100 Durham Hosiery- 6 7 1st preferred.. 100 Brighton Mills— Preferred 100 & 94 47 Drayton Mills Dunean Mills 254 Preferred-—-10 Bourne Mills Utica 75 Dallas Mfg (Ala) 100 D trl'trton Mfg(SO) 5 5 Bradley Knitting— United 68" Common—__100 Converse (D El. 100 91 47 Mills class A....5 Sanford 19. 5 Par Per 65 89 6 92 China Grove Cot Fine of 45 Stocks loo" 50 ~7~ Botany Worsted— Franklin Wallace Mfg Co Ware Shoals Mfg 100 il share 24 H 39 2634 OK 434 434 13 K Border City Mfg 100 units. General 20 Ask 44 Crescent 100 Spinning Co * 5% preferred....* Borden (Richard) Fruit share Bid Per Par 2234 Co common 27 73 Apponaug Oo * Arlington Mills. .100 Atlantic Rayon 1 Bates Mfg 100 Beacon Mfg— Mfg Co 19 K Stocks Calhoun Mills.—.50 Northern Mills Berkshire 1 . Ask Callaway Mills.—.* Cannon Mills.....* C had wick- H osteins Amoskeag Co conv Bid share TEXTILE STOCKS $134 possible for the closing day of the month preceding the date of Issue K 11 134 Appliance.. * 54 % 15 aPurchaser also pays accrued dividend. /Flat price. k Last sale, 86 INDUSTRIAL Quotation* for all securities Stocks Ask Bid Par Alaska Pac Salmon* 95 89 class 33 Stsl Alexander Dept Alexander 234 * 100 534 3 34 1034 1134 66 73 Preferred 100 Allen Industries...1 Allen town Portland H 1234 2 5 Corp common Allied Kid Co com.5 34 6 4 179 _. 181 1134 1534 * Allied Paper Mills .1 Allied Prod (Mich)— CI A conv 25 Allied Mills Inc 19 34 934 8 Allied Stores Corp 72 6% preferred--100 AUis-Ch aimers Mfg Common * 2134 1134 834 7334 5434 56 14 1434 16 187 11334 17 34 6% preferred-.100 834 98 M * 6% preferred..100 Aluminum Ltd 10834 2 / 234 18 934 9934 10834 234 3 55 57 1734 7234 37 40 11134 6034 100 * 113 6234 59 11 1134 4934 4834 1834 6% preferred...50 com.* 103 100 134 134 Am Beverage Corp. 1 7% preferred.— American Book..100 20 8 10434 134 134 634 834 734 A.Brake Sh & Fdy 39)4 * 4034 20c 35c 134 34 3 1 22 21 y 110 _* 115 13734 5% conv pref. 100 140 100 185 100 117 11 834 90 Commercial 7 com._.20 734 Am Crystal Sugar 10 13 M 14 6% 1st pref...100 Am Cyanamid A. 10 8834 90 36 44 3734 1234 1234 234 38 ...10 5% preferred... 10 10 Amer Distilling pf 10 Amer Dist Teleg * 7 % preferred 100 Amer Dredging.. 100 13 13 334 103 105 11634 . 117 55 234 _ 434 1734 _ Amer Export Lines 1 Amer 534 1734 9 7 Am Fabrics, pref 100 Amer Felt common * Preferred 234 ..1 Amer Export Airlines Common. .50c _ 11 13 8734 100 92 Forging and 534 * Amer Fork & Hoe--* Socket com 13 34 34 434 3-8 234 Am Fruit Growers.* Preferred 50 Am Furniture 1 Am Hair & Felt * 68 1st preferred--100 2d preferred--100 Amer Hard Rubb_50 39 8% preferred ..100 6 1434 134 6 134 334 70 4034 103 Amer 1734 2334 4634 534 3434 6334 334 3134 Hard ware..25 Am-Hawaiian SS.10 Am Hide <fc Leath._l 6% preferred-..50 Amer Home Prod. _ 1 * 6% non-cum pflOO Amer Ice Co Snuff. .25 1834 2534 4634 534 37 6434 334 3234 534 _ 7% preferred.-100 Fdy_* Am Mach & Met-.* * X Without par 8834 % value. Ex-dividend. 16 Baldwin Rubber..:.l 22 Bancroft (J) & Sons* Preferred —100 16§. 20 61 1334 3 9734 22'"" 234 1734 "334 . Service cl A Bareco Oil 6% preferred-.100 Am Transformer. 10 Am Type Found. .10 7 % preferred 100 14934 15034 3 4 Steel 5 Barker _ 40 Preferred 934 434 * 100 Barlow & Seelig cl A5 Barnard Aviation.. 1 35c Basic Dolomite 1 Batavia Body Bath Iron Wks 5 934 234 & Paper Class B 1 * 134 common..25 8 Beatrice 10 Cream.. 25 Pref 1434 3 34 634 * x-w Bearings Co (Am).* 1st preferred..100 2d preferred. .100 Beau 3 5 .y Aircraft 1 Beech-Nut Pack. .20 Belding Hem'way. _* Bell Aircraft 1 Bellanca Aircraft. .1 pref. .100 110 11034 Armour & Co (libCommon .5 7 41 734 6134 9734 4134 55 57 Bender Body com__5 Bendix Aviation 5 10 1034 Bendix Bellows & Co pref. * 7% preferred-.100 Armstrong Cork * Armstrong Rubb A* 60 _ 65 Arnold. Constable.5 Arnold Print Wks.* 534 1334 30 r 7634 7734 * Rayon.* 634 3 34 734 34 34 Atl Coast Fisheries. • Atlantic Co A....50 Class B com * 9 134 - - - - 4 934 234 55 50 Atl Gulf & W I ndies 5% non-cum pflOO Atlantic Refining_25 2034 21 Plywood * Conv preferred.20 Powder * 2334 1063-4 3 34 1734 22 34 7734 5% 120 4% conv pref. 100 Atlas Drop Forge. .5 conv pref-.100 Tack Auburn 7% preferred. .100 Beryllium Corp_ * ... 7 * Automob.I* 134 New common w i* New 4% prefwi50 334 2834 3 34 Austin Nich & Co..* $5 cum prior A__* 26 f Called April 30 at $110 plus div. 2134 2134 2434 10834 3 34 * 1 50 * 7% preferred-.100 B/G Foods Inc * 7% preferred-.100 Bickfords Inc * $2.50 preferred..* Bigelow-Sanford Carpet com 3534 112 * * 1 38 181 Rubber 3334 113 105 108 734 34 43 3734 9)4 39" * Bruck Silk Mills...» * $5 preferred 534 6 34 6 124 121 * 10 634 . Buckeye Pipe L..50 Buckeye Steel Cast * 6 % preferred100 Bucyrus-Krie Co._5 7% cum pref. .100 _ 934 2734 634 934 27 Buda Co com—100 16 19 Budd (E G) Mfg..* 7% preferred-.100 * Watch Bulova * 134 Burkart. 50 34 34® 534 »/« 34 634 93 90 734 834 * 50 3534 3634 3634 134 1534 8234 12434 3 8334 125 234 334 75 81 14 1434 3934 3834 26 9834 434 134 1234 634 534 5 44 H Biack& Decker ik'tfg * 2034 $2.20 preferred..* 134 1 2 * Biscuit. 12 34c Burry Bush Terra Co com 1 6 % preferred * 7% debenture. 100 Bush Term Bldgs— 7% pref ctfs--100 10 Butlor Bros 5% conv pref. .30 * Butterick Co 50 Preferred Byers (A M) com. _* 7% part pref. .100 Byers Machine * Byllesby class A * 1034 1 4-34 1034 134 434 8 " 11 12 11 1134 634 634 2234 34 IX 1134 6034 34 23 34 2'34 12 67 1 15c 25c Class B * 10c 20c Preferred * 3 34 434 1434 14)4 Byrndum Corp Vot tr ctfs 50c 50c 434 5 % Common % 2434 Calif Pack Corp.* » 10 5 20 21 30 32 35 1834 2434 1834 Cambria Iron 26 24 25 1434 1534 Campbell (AS) 1 Campbell Wyant & Cannon Fdry—* 6% conv pf. 25 5% conv pf 25 Bloomingdale Bros. * 28 3234 134 Go. 4 44 _ com Blaw-Knox 30 534 3134 2934 6 34 4234 334 * Rros Bliss & Laughlin Preferred 41 112 Burns 78 Bliss (E W) Co— Common ..1 104 834 11034 1334 4)4 Burroughs Adding 24 12134 734 134 334 134 19 Burma Corp Ltd— Am dep receipts. 4534 2134 1034 18 95 40 1 Bryon Jackson * Cable Elec Products 4 * $3 preferred 2534 i.F) Mfg- Machine 5 434 33 Birdsboro Stee ,w * * Preferred. 45 99 Blauner's common.* 1 Burger Brewing Comrnon * Billings & Spen.-.25 Bing & Bing 5 Fdy & Macb * .100 Preferred 6 434 34 3734 4434 534 Brunswick -Balke- 17 434 34 5 - Bruce (E L) Co Collender Co 46 10 2 7% preferred ..100 334% pref 100 Brown Shoe 11 3234 2534 9534 334 34 1134 * 100 Preferred 234 Distillery Brown Brown & Sharp 114 111 5 Preferred 334 1434 Preferred 3134 1'26 3434 Limestone Bird & Son 1 * 80 734 634 _ Borland Shoe St 75 £1 new. .1 Best & Co dep rets ord SS Lines 33l«c Beth Fdy & Mach.* Preferred. 50 Beth Steel (Del) * 19 1 A pref Burdines Inc 1134 534 1934 Assoc El Indus Ltd 6% 1st pref...100 3034 123 Home com 29 Forman 114 3334 Purchase warrants 111 34 343334 Preferred 1834 10 pf.100 7 % preferred. Bullard Co & Cement 18 Warrants. 57 Bessemer 1434 Amer dep rcts.lOs 55 common. 18 British Celanese Ltd 50 10)4 534 r 1434 shares...* Registered shs * Brit-Amer Tob reg£l Ordinary bearer £1 Preferred 153-4 534 1634 Assoc Bearer Budd Wheel 1434 534 1534 Art Metal Works..5 90 5034 55 niture 32 shares..* Coupon Class Berkey & Gay Fur¬ 8 34 1334 5 53 40c 110 2 28 46 Bristol-Myers 50 41 734 * Common Class B 14 39 25 common Yds Benson & Hedges. .* Conv pref * 102 Asbestos Corp Ltd.* Asbestos Mfg com.l Associated A..10' Stk 20c Corp * 7% preferred. .100 Art Metal Constr.10 registered Assoc Laundries & 39 Elec. 10 Arrowhead Petrol. .1 Am RR Appliance cl A..5 6 Hart- 7% preferred-.100 Dry G'ds 1 6% 1st pref 100 7% 2d pref...100 Belt 2 3134 22 34 25 Inc Bristol Brass Brunswick Site 1 Beech Ark Fuel Oil pref. 10 Armour & Co of Del Brinks, 38 * 7% preferred--100 Brillo Mfg * Brown Brummell Ties Inc.. 34 B 1534 934 1334 Brown Fence & Wire Warrants 7 5 1334 334 534 Class 2 & Cadwell $5 preferred w w.» 86 Warrants Bridgeport Brass..* Bridgep't HydrTic20 Bridgeport Mach..* Preferred 100 Briggs Mfg * Briggs & Stratton..* Brill Corp class A..* Manufacturing. 50 Optical com 10 5% preferred.-100 Bayuk Cigars.. * 7% 1st pref.-.100 Mfg 134 84 1034 634 1 1 40 Beaton 16 Airways .234 Corp Brown Co 6% 30 15 * com Braniff 5 25 8 Casket 34 434 25 31 18 * 1st preferred-.100 2d preferred * Boyd-Welsh Inc * Boyertown Burial 1534 100 11234 134 65 Brockway Motor 15 15 Prefvtc 100 Bausch & Lomb 29 100 * 1 10 5 Archer-Dan-Midl'd * Preferred 1 Ashland Oil & Ref.l Assoc Brew (Can).* 534 2 34 1'434 2034 11134 134 Sugar Apex Elec Mfg Applied Arts Appollo Steel A P W Paper Hegeman 20 Baumann(Lud)com* Anglo-Iran Oil— Amer dep rcts__£l Angostura- Wuppermann Corp 1 Arrow 334 2134 634 334 1934 * 5% preferred 234 38 Preferred 3434 Bilt Hotels— Truck com _* A 634 36 Brit-Amer Oil Ltd' 11 36 * conv pr 234 IT 47 2034 Cable common..* Anchor Hocking $6 734 2934 25c- 1034 class A Class A 34 634 28-34 234 1034 134 1 Bartgis Bros com..l 6% conv pref..25 Anaconda Wire & guar 234 Bathurst Power American shares.. 7% % 334 5 50 23 34 Bourjois, Inc * $2.75 cum pref..* Bower Roll B'r'g__5 Bow-Bilt Bondhold¬ 15 " Barnsdall Refining. 5 100 Woven Hose Rubber com..* <fc 34 1534 Barnsdall Oil 11 Boston' Wharf 30 234 1134 1034 4634 834 234 7% preferred. .100 Amer Wringer * Amer Writing Pap_* Amsterdam Trading $5 divpref * pref.-—50 Barkley Grow Aircrl 1834 1034 25 3 1 , Bros 534 100 Storage Brewster Aeronaut'! 1 Stainless com Boston 734 634 16 42 * Corp Barium 1 23 34 2234 4534 Brewing Co of Am.3 * 5 44 50 2534 * Preferred 534% 11 Amer Wind Glass— Class A 100 Common "334 434 1234 . Asphalt—10 Barker & Ross 61 2834 12134 6734 2934 Bos on Sand & 2434 734 634 134 * 91 Barber 2234 Breeze 1734 34" 23 34 Common Bankers Industrial'— 90 Atlas Amer 13 6634 2834 15 ers il" 8 16 117 Borg-Warner Corp .5 Borne Scrymser._25 Bowm —- Bardstown Distill.. 1 14 Amer Mach & _ com 8834 Atlas 3 _ for c Warrants 14 2934 6% preferred. .100 Baldwin Duckw'th.* Baldw Loco Wks * 7% pref old—.100 7% pref new—30 1 Atlas * * 100 t 8 prererred V t 29 334 16 334 8734 234 34 1734 B Locomotive 105 57 Am Thread 5% pref5 Am Tobacco coni_25 Common B 25 1)4 34 1734 1234 234 1934 5934 1334 234 Am Laund Mach_20 1934 55 Baldwin Co Borden Co Boston 47 1834 100 39 29 Amer Locker classA* 4)4 46 Balaban & Katz._25 30 28 34 * Warehouse 434 2434 334 27 12 Stores com_.l Grave! Pref 734 734 15 Amer Thermos A__* Preferred 50 5 - 134 52 97 195 8734 1634 Am Sumatra Tob__* 28 Warrants 17 47 29' Preferred 154 2834 1334 1534 2134 * Stove 634 1934 6 B 7 72 2434 234 Bohn Alum & Br._5 Bon Ami com A * Common share 634 65 (Joe) Publica'ns pref— 6 5 1834 1634 134 Chemical—* 100 Baker (Sid)..* 7% preferred.. 100 Boeing Airplane—5 Bohack (H C) com.* 1st preferred-.100 Bohack Realty pflOO Bond 1 Babcock & Wilcox.* 180 * * Class 6334 Colliers Corp 151 pflOO^ Amer Sugar Ref.100 7 % preferred. .100 #1.50 prior pref. 10 Amer-La France & Foamite Corp.. 10 Amer Insulator 144 Artloom American Encaustic Co... 50 Argo Oil 75 5% preferred.. 100 Tiling 35 Ship Build..* Refg._* 7% preferred-.100 134 634 1034 34 3534 5034 14434 6334 Arc turns Bad Tube 1 934 834 Amer Coal (N J)..25 Amer Colortype__10 2d series Comm.* Amer Am Smelt & Antilla 34 American Cigarette Class B * Anheuser Busch._20 Animal Trap * 8 6 Amer Centrifugal..1 Alcohol 27 34 534 1034 34 Anchor Post Fence.* Andian Nat Corp..* 2834 4834 100 Am Chain & Cable Preferred 25 2 American Stores 10 100 Class B Blumenthal Bonomo 22 20 Ayrshire Pakota Glass Amer Carmei. ..100 100 Preferred Amer 1534 67 American Screw.100 non-cum 1 tation Corn 1234 6% Capital. .1 Aviation Corp. _.—3 Aviation & Transpor¬ Axton-Fish Tob A 10 9 $6 34 conv pref..* 1110 2834 47)4 * 157 6634 11534 17634 2 Properties * Am Car & Fdy * 7% preferred .100 Amer Car & Fdy 834 12 Am Ship & ex-warr_25 Pref Warrants 18.50 Amer Seal-Kap Amer Seating 6% pref ww—25 Aviation 15 132 174 7% preferred-.100 American Canadian Preferred 4 834 25 A com Avery (B F) & Sons 5 134 834 pref 25 conv Class 108 4 154 634 6 Automobile Banking $1.50 34 10634 34 114)4 25 Cigar Co Automat Vot Mach * 131 5)4 % conv pf.100 6 35 Sanitary ..* 7% cum pref 100 Am Republics com 10 Amer Rolling Mill 25 434% conv pf 100 Am Safety Razor— Am Woolen Co 44 42 Amer Bosch Corp—1 Amer Box Board.-1 Chicle 3 Am Vitrified Prod.* Preferred » 57 10 com 1 * Amer Television 1734 7134 Class B Preferred Automatic Refrig.10 7 American 1934 18834 11434 18 16 6% conv pref--50 Amalg Sugar 1 Amerada Corp * Amer Agric Chem.* Amer Air Lines.-.10 American Arch * Common 26 3 Amer Steamship. 100 Am Steel F'dries * 9 5 19 Alum Goods Mfg..* Aluminum Indus- American Can 1)4 1334 American Aluminum Co com.* Am Bank Note 1 434 American Sealcone.5 3434 _ 1 16 34 12 Alloy Oast Steel---* Aloe lA S) Co 20 Alpha Portl Cem..* Altorfer Bros com. * Conv pref * Amal Leather 1234 3 Automatic Prod—5 50 Common 734 7 10 Am Bakeries pref Class A 934 234 10c 100 Dye Common 1234 134 33 * pref 13 11 3434 .5 Amer Pulley Amer Radiator & 5 ment common 63 2534 Am Potash & Chem * Partic 120 Bid Per 834 734 53 33 34 Stand * Alliance Realty Preferred Allied Chem & 2434 113 pref--.10 Alles & Fisher 115 Par share Automatic Instru¬ 34 2134 * conv 5% prior pref 24 Steel Corp Amer 22 Maracalbo__l Amer Metal Co Amer Products Allegheny Ludlum Motors 81 100 Amer Pneu Serv—* 14 100 Am Bemberg Preferred 76 6% preferred--100 Automatic Fire Alarm common .25 Class B 8% pref 100 Algoma Steel com.* Cement Autocar Co com..10 25 Stocks Ask Bi Per 25 Amer Piano class A* Hamilton Inst common Preferred Par 24 pref.-100 American Meter * American News Co * Amer Optical * 6 J deferred Stocks 23 6% A Ask share * Amer 434 Alberta-Pacific Grain Am Maize Prod 5% pref Alben-ne stone of Va Vot trust ctfs 5 Bid Am Mfg Co com. 100 56 Packing. 100 Preferred 100 Par possible for the closing day of the month preceding the date of issue Per 634 6 Albany Stocks share Per STOCKS MISCELLANEOUS & are as near as 5% preferred—50 Calaveras Land &2.60: Calamba Sug Est.20 Callite 5134 & Timber Tungsten. _ 1 50 1734 2% 57.34 5)4 1834 27 t Called May 31 at $110. k Last sale, n Nominal, r Canadian price. tNew stock* may, 1940] industrial & miscellaneous 87 stocks Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Did Par Per Canada Bread • r ! Ask 5 ** 70 20 ♦ Class » r 20 r 101 22 ■ Preferred 75* Clayton & Lambert * 65 r 22 24 r 42 r 106 -r - 23 Mach «. — 18 24 362* 1262* Cleveland 45 16 r Bronze com 15* 362* 1282* 102* * Pea body • 37 382* 85 88 * 123 128 Cohen 9 * * (Dan) Co 9** 82* 102"" 1022* 13 6% preferred 100 $4.25 preferred..* Collins & Aikman..* Carey (Philip) ♦ 6% preferred..100 6% preferred.. 100 88 7** 39 40 Ordinary shares 6% conv pref 11H 7% 11** 15 20 100 55 40 25 Arms Mfg 25 Columbia Baking..* 1 1 _ Preferred A Preferred B Oasco Products 9** 68** * Case (J I) Co 100 7% preferred-.100 115 Case Lockwood & Brainard Co.. 100 Case Potneroy Castle (A M) Co.,10 Oatalin Corp 1 ■5K 17** 22* 50** 34** . Caterpillar Tract..* Celanese Corp * 7% prior pref-100 1st partic pref.100 • com 5% cum pref.-lOO Corp 16 1st preferred * $7 preferred * Central Aguirre Celluloid 118 124** 10** 66** 35* Col Fuel & Iron Warrants * * 10** 70 Central 1172* Preferred 6** 19 252* 12* 3 25* 22* 5% preferred-.100 Cent Ir & Steel..100 Cent Ohio St Prod. 1 44** 8** 32 1 Centrifugal Pipe 1 Century Elec 10 Century Rib Mills.* 7% preferred.. 100 Certain-teed Prods. 1 6% prior pref. 100 Cessna Aircraft Chain Belt * com Chambers berg Ohamberlin Fibre common. _* 6% pref 100 Chapman Valve 1 Preferred 100 Char is Corp 10 Checker Cab Mfg.6 Cherry-Bur Corp. .5 Chesebr'gh Mfg. .25 t c * 2 *8 3 2* 6*8 21 /16**' 70 42* 28 5 282* 106 352* 120 62* 242* 62* 252* 11 122* 116 117 2 4 Hosiery 6% pref 10 6 Co union Preferred —- Silk 1 Chic Daily News .* New 5% pref ..100 Chicago Flex Shaft 6 Chic June Rys & Un Stk Yds com.. 100 100 155* 992* 78 62* 23* 162* 100 preferred. 100 Cons 95* Chic Molded Prods 1 6 10 7 5 Chic Pneu Tool $3 conv pref • 12 125* * 332* 34 45 16 2* 854 92* Chic & So Airlines-1 \ Preferred 10 Chic Yellow Cab._ Oh ckasha Cot O.10 Childs Co com • Preferred Chilton Co 100 2* 17- 92* 10 19 20 102* 13 2* 52* 272* 142* 62* 28 34 11 10 /8 5 862* Churngold Corp * Cinci Advtg Prod..* 862* 554 72* 82* Chrysler Corp * to Without par value. Callite Taugsten Corp. 6 112-* 12* 2** 45 48 13** 132* 92 86** 90 1 7** 554 72* 6** 3)4 3 100 1 ** 1K 52* 5** 15c 4** 2* 172* 182* 42* 2* 115 82* 3** »» 11524 8** 32* 232* 34 30 10924 54 2 2* 2 V* 9** 302* 110 Oopperweld Steel..5 Conv 5% pref..50 Cornell-Dubilier Elec Corp com.. 1 Corning Glass Wk 10 24 5% conv pref. .50 t Called May 21 at 1022*. 66** 62 172* 108 Hosiery 14 1032* 59** 1762* 1** 69 2 122* JfcLast sale, 179 Decca Records Deere & Co com 2234 Eastman Kodak 182* 12* 42* 100 _ 120 Class 88 100 Supply. 10 6 % preferred .100 De Pinna (A) Co- »>4 * r B * Eaton Mfg Co 4 Economy Groc Sts Edgewater Steel. 130 32* 42* 352* 152* 65 _ Preferred 202* 65 114 38 2* 10 2* 17** 6% pref w w 20 Detroit Gray Iron & Foundry com—1 Detroit Harvester .1 Detroit Mich Stove 1 12* 14 2* 15* Detroit Paper Prod 1 Detroit Steel Prod 10 De Vilbiss Co 10 19* 262* 10 10 Elec Corp Eitingon Schild Electric 10 434 12* 45 1.00 K 11 1754 15* 152* 23* 12* 202* 285* 105* 106 Indus Am shs Elec Stor Battery..* 124 322* 27 Elect rographic Common Electrolux Electromaster * . 1st preferred..100 2d preferred-.100 Emerson Drug. .2 2* 81 B 22* Preferred 25 85 Emerson Elec Mfg.4 342* 40** 242* 108*4 352* 403* 255* 8 "82* 13 10 2* 292* 3 25 37 12* 35* 3 2* 17 120 98 172* 172* 27 Empire Sheet & 362* 54 32* 42* Differential Wheel. 1 Voting trust ctfs.. 4 Warrants 4 145 Canadian price, Tinplate Derrick 4 * 6 Endicott-Johnson.50 52* 97 534 10 45.34 39.1* 5% preferred..100 107 "12* Equit Of'ice Bldg..* Esquire Inc 1 Eureka Pipe Line.50 27 42* 454 43* 12* Noc Preferred Emsco 120 , Mfg 1 12** 'I Discount Corp ..100 1 1st preferred.. 100 preferred. 100 122* 100 1 Inc.l Elgin N Watch 15 Eljer Co com * 5% cum pref.;.50 5% prior pref.100 2d 22 Corp Corp Ely Walker D G..25 1272* 45c Elec Vacuum Clean* Electro Bleach Gas.* Electrol Tnc v t c -.1 33 10 * 10 60 395* 162* 192* 100 com 1 ; Auto-Lite_5 Boat 3 Electrical & Musical Class * * _* .100 Electric 21 32 K 1 v Elk Horn Coal 19 * —* Eisle Electrical Steam 19 * 2dp eferred-.-lOO Dewey&Almy Chem 50 * Pict__i Sterilizer 8*2 3** 12* * B 1634 50 Elder Mfg Class A 105 90c Preferred 23 96 63 * Aircraft 9*4 5% preferred Edison Splitdorf Educational 1 . 92 2* 6% conv pref. .10 Derby O & Ref com * r 30 1562* 173 Edison Bros Stores.2 8% debentures 100 Nominal, 42* 122* * Common Del Rayon A com. 15 Dennison Mfg— Class A com 5 $6 prior pref 50 Di 45 6% r referred ..100 Easy Washing Mach 42* Dictograph Prod..2 Diesel Equipment.. 1 22*i 5* 8>i Footwear .1 18 10 1 8 East Mall'ble Iron25 28 6** De Laval Steam Tur¬ Diamond Shoe 12* Eastern 72* 27*4 % * 405* 20 Eastern Roll Mill. .5 Eastern Sugar Assoc Common 1 Preferred 1 1 20 Defiance Spark Pl_* Deisel-Wpmmer 75c 3 162* 302* 62* 152* 29 7% preferred 6**% pf (w w) 100 Diamond T Motor 2 72 IK 13 pref.20 22 1 Dictaphone Corp..* n 17- 7.** 35 6% part pref.-.25 60" 112 1 conv East Racing Assn..* Common Class A Preferred * 100 Oil Warrants Dayton Rubber Mfg 107 15* 7K 82* 222* 25 5% prior pref. .20 Warrants Diamond Match 7** 104 34 East Dairies Ltd * r Eastern Air Lines.. 1 Eastern Corp com 10 5 19 ' Lock $1.50 18 232* * com Preferred 11 * pref..25 com Preferred.. 242* 672* Oosden 10 * Common 102* 32 46 Early & Daniel l4~" Diamond Alkali. .20 10** . Eagle Eason Corp. .5 Dexdale Hosiery Preferred 60 pref-.* Petroleum. 1 pref 1245* 100 com 6% pref 100 Duro-Test Corp 1 Duval Texas Sulph.* 42* Preferred 100 Davis Coal & Coke 50 Davison Chemical. 1 12* 3 2* 28 A 22 2* 42* 165* Common * conv 212* 32* Devoe & Raynolds— Class A (non-vot) * prior pref $6 94 * 188 -.25 100 Hosiery— Durham 68 10 65 $4 preferred * Cooper Bessemer..* 7 % preferred- 100 Oorroon & Rey'ds.* 89J* Det Gasket & Mfg.l 122* .10 Refg__25 > 58 4 122* 114 6% pref 7% pref. 2*4 * Detroit 46 Prod 48 82* 5 Chem Mills B pref.. 100 Detachable Bit.* 10c 19 12* Corn cum Class A 45** 100 82* 47 2 109 6 Co common..20 Preferred; * Durez Plastics & 4 10** 285* 9*4 24 25c 89** Preferred 9 49 102* 285* Dentists' 8% preferred-.100 Continental Can. .20 50 preferred. Oont Diam'd Fibre.fi Continental Mot__l Oont'l Oil (Del)...5 Oont'l Oil (Mex)-.l Oont'l Roll & Steel * Cook 2 6 50 $8 cum pref Cutler Hammer bine. 12** 12* 902* * P't & Vara..* New pref wi Warrants w i De Long Hook and Eye * 10 112 324 Ourtlss Wright Corpl Class A 1 New com wl 1 10 4 382* Rubber— Ord reg £1 Duplan Silk * 8% cum pref.. 100 DuPont (E I) de N 48 * Dejay Stores 88 97 (R G) Bradstreet Corp.* 32 1 * Gilbert; Corp 12* 92* 32* 132* Laboratories cl A1 Dun 92* 2*4 110 5 $7 preferred 94 * 482* $2.50 prior pref..* Chic Ry Equip 25 Chic Rivet & Mach 4 2* 1524 52* 222* 11** 12* 29?4 662* 22* 42* A Special pref Chicago Nipple 15 B Oont Steel Corp.. Preferred 100 Converse Rubber..* $2 preferred 33 100 152* Class com. Curtis Mfg.. Curtis Publish Mills Class Preferred 6 2* % prefeiTed 100 Curtis Lighting—2** 20 14** 95* (Allen) 27 $2 partic Davega Sts 5% conv Davenport 2 8% preferred-.100 Oonsol Royal Oil. 10 Consolidated Steel Consolid'd Textile Consolidation Coal— Common v t c..25 Warrants 5% pref v t C..100 Container Corp 20 Continental Baking 88 Mont 262* 94 44 Cons Paper of Can.* Oonsol Retail Sts-.l 2 Du 5 93 * Lithograph Dryden Paper * Dubilier Condenser 1 9** 7** Darling Stores Corp 17 2* 30 110 $6 preferred * Dunhill Tnternat'l.l Dardelet Thr'dlock * 7 2 40 28 Dunlop 21** Cons Mach Tool uts. Consol Idated Oil * 116 152* 62* 20** Indus.. 1 100 . 73 Darby Petroleum. .5 Darco Corp 8%pfl00 64 Oont Screw 792* 210 Chicago Mail Order 5 1 ** 2* 22* 166 15 7% 44 62* Driver Harris Co. 10 Preferred 100 "** 10 9 * 70 5* 25 282* 7% 2* 95* IK 212* 95* 42* _* Preferred 100 Dresser Mfg com..* Dri Steam Valve..5 Cushman's Sons— * _ 50 24** 1 . Preferred Chester Pure 24** 242* 1 Cons Film 5 % preferred- 10 9 84 150 Dow Drug.. 75* * 145 pref..* com 20 18** Oonsol Aircraft $3 conv pref Consol Biscuit $2 cum part pf__* Cons Laundries ...5 312* 1052* 332* 17** 22 32* 6** 30** 14 12** Congoleum-Nairn. * Congress Cigar * Conn Telep & Elec.l Cigar Corp..* 6**% prior pf.100 7% preferred. 100 Conv prior 100 25 * Oompo Shoe Mach v t c ext—1 Oonde Nast Pub..* 102 20** 10** 23 * com $2 preferred 4 98 * common Parts v Combustion Eng_.l Ooinm'l Solvents..* 11 Chesapeake Paper Board Oolum Carbon Cons 6 6 & Paper pref..* Oonsol Oar Heat. 100 Metai Weather Strip Champion conv 7 Eng Common..Par $10 Common. .Par $ $2.75 14 5 1 100 1 . 9** 6 12** 10*4 3** 3K 82 80 Columbus Auto- 1 ** 10 Columbia Mills. Columbia O & G 127 Plantations —.100 Cent Foundry com.l Central Paper Preferred B'casting Sys Inc class A 2 2* 22* Columbia Pictures— Vot tr ctfs com..* •Central American Oen Violetta Sug 20** 62* 22** Columbia 3** 50** 342* 118** 30** Airport—1 » Class B 25** 1 24 Associates Corp Columbia7 Brewin g. 5 10** 692* 4** 892* 322* 86 4 2* Colson 8 250 Celotex Co 1** 42* 212* 6** 23 2* Colt's Patent Fire Carrier Corp Carter (J W) Co / r 875* Dow Chem 94 ** 62* 714 2* 125 * 1*4 22*4 192* 94 27 21 122 55 Common 92 * Tobacco 43 40*4 * 252* r r Douglas Aircraft..* Douglas (W L) Shoe 362* 45 93 10 24 292* 52*% pref 100 Doubleday Doran. 8 40 7% preferred-.100 Cuban 32* 27 Preferred Cuneo Pre88 IK __ 30"" 27 ** 72* 352* 43 K 422* 12* 202: 37 272* 65* 215* 55* 28 Coal B 25 Dominion Stores. _* Dominion Tar & Chemical * 5% Preferred .100 Oudahy Pack 30 10 Colon Development 27 .* 5 "2" 2** Cuban Atl Sugar..5 1.25 8 common 27 K Carpel Corp Carpenter Steel ■Carthage Mills. 1.10 Giass.100 Preferred 100 Dominion Steel & 10 25 Cuban Am Mangan 2 Cuban-Am Sug 10 155" 145 24 105** 1st preferred-.100 100 1 * Wire 62*% pref 100 Dominion Bdge.100 Dominican Coal pf 25 282* 12* $5 conv pref * Crucible Steel...100 7% preferred-.100 Crystal Oil Ref * Cuba Co Colonial Beacon Oil * 7 5*4 ** 6*4 9 $2.25 pref w w._* Preferred x-w * Crown Drug com 25c Preferred 25 Crown Zellerbach__5 6% preferred Crystal Tissue 32 31** 111** Collyer Insulated 25 * Co 5% conv pref.-lOO Collins Co Collins Morris "iy* 1 23** 6K 12 162* 101 » 6 7** 11 Carlb Syndicate.25c Carman & Co A * "7" 15** 97 90 62 5** * Peet common * 72* 129 2* 900 * Carborundum Co..* 76 34 32** 126** 60** Cohn & Rosenb'ger * Colgate-Palmolive- 15 13** * Capital City Prod_* 1 Coca-Cola Co Class A 202* 102* 82* 135* 454 2354 5 Dominion Crown Cork Int A.* Crown O'k & Seal.* 52* Doehler Die Cast-.* Dold (Jacob) Pkg— 111 153 24 Dixon (!) Cruc.-lOO 22 2* 62* 26 139 * Coca-Cola Intern..* Cockshutt Plow * 170 163 Dr Pepper Co Dodge Cork * 150 * of St Louis 160 158 67 Crowley Milner 3** 412* * 29 * 3** 40** 134** 132* 3654 Dobeckmun Co coml 1 lishing Co A 20 ** 99 5 Brewing Class 2* 5 • 65 5 Crosley Corp lh 92* 5 28** 21K 2 Preferred 100 * Prior Preferred. 50 Crown Central Petroleum (Md)_5 Crows Net Pass Coal 55 of Los Angeles 2** 2% 100 Carnation 37** 2K of New York 15* IK 2* 98 Croft 7 2* 362* 2** 100 7 % preferred. .100 14 122* 100 Class B 11** Dixie Ice Cream Crowell Collier Pub¬ Coca-Cola Bottling of Cincinnati * Industries Carbon Monoxide Eliminator 10 81 Divco-Twin Truck-1 2* 20 Cream of Wheat Creole Petrol- 402* 192* Dixie-Vortex Co 25 com Ask 115* Seagrams Ltd * 5% pref w W..100 Distillers Liquors..5 72* ** 5% conv pf 100 Creameries of Am $3.50 pref * 2* 42* 6 J* Utensil com 101 Can Indus Alcohol— CI A voting * CI B non-voting.* Preferred Can Locomotive Crane Co Distillers Co Ltd_£l Distillers Oorp- Dixie Home Stores. 1 Orocker-Wheeler 4 com Preferred 25 * Class A Class B 38** Bid Par Per 45 6** Cramp (Wm) & Sons Ship 100 108 40** 1 Clinchfield Coal. 100 102* 22 r 8% preferred..100 ■Canadian 4 Club Aluminum CanFairbankpf.lOO r 101 Canadian Foreign Invest Corp 72* Stocks 32* 62* 12* 40 Covered Wagon Co $1.50 conv cl A .20 16 l8* 4* Cleve Tractor Cluett ^ m 97 Ask share 22* 62* IK Am deprcts ord£l Hobblng Climax Molyb¬ denum Co Canadian Dredge mm Cosmocolor Corp.. 1 Coty Inc com 1 Coty Internat'l 1 Courier Post pref 100 Courtaulds Ltd— Cleveland Graphite 1 mm Claude Neon Lt—1 21 64 r mm 13** 96** 6** 3.J* 14** . 100 20 Preferred -.100 Canadian Colonial DOCk» 62* % cum pf_.100 Oity & Sub Homes 10 Oity Stores 5 Olark Controller. 1 Olark Equip Co...* . 23 12* Bid Par • Per 14** '224 6** 13** 12* 1 r r &r Inc Cinecolor 103 72* r Stocks 2 J* 6 4 Oity Auto Stamp..* Oity Ice & Fuel— v r Preferred25 Canad Celanese—* Airways 13 20** Class A Canadian Bronze. .* Preferred 100 Canadian Car & Fy * 2 Oin Un Stk Yds...* 4** 20 Canada Packers * Canada SS Lines..* Preferred 100 Can Wire & Cab A.* Class B * •Canadian Airways.* Cinci Ball Crank..5 Cin Tob Whouse_25 51 25 r Ask Bid Per share 24 Sugar Co Ltd * Can Dry Ging Ale_5 Canada Forgings— Par 105 45* Preferred ..100 r 103 Class B prel 47 60 r Canada Cement. 100 4 2* Preferred 65 100 Canada & Dominion B Stocks share "42* Eureka Vac Clean. 5 Evans Products —5 94 42* 35* 92* Ever Plastics Corp-5 Ex-Cell-O Corp—3 2 335* 155 t New stock, x Ex-dividend. V Name changed 88 INDUSTRIAL Quotations for all securities Stocks Bid Par Ask Per % Gen 43 36 133 3% 39% % 6% 46% 11% 5% 4% 41% % 7% Gen Aniline A Film A * 47 Gen Bottlers 11% General Box Corp 6 14 com.l 19 1% 116% 5% 5% 37% Crude Oil. .2 X Gen Gen Development 20 3% 22 General Electric—* 27% Am Elec Ltd— dep rots reg £1 Gen Fire Exting—* 13% 14 6% 10% 30 General 14% Fireproofing—* 7% preferred--100 Gen Foods Corp—* $4.50 preferred—* Gen Machinery—* 4X% preferredlOO Gen 3% 1% 4% * 6 Fedders Mfg 5 Federal Bake Shops* Preferred 30 Federal Compress 9% 24 3% 2% 5% Warehouse—25 Federal Machine & 32% Welder com Federal Match units Federal Mogul 5 Federal Motor Tr._* 14% 3% 2% 22% 91% 23% 16% 34 8% & _ 4H% preferredlOO Federated Publica's* Ferro Enamel 1 F G Trading Corp— Preferred .1 Fiat Am dep rcts. iFidelio Brewery—-1 5th Ave Coach—25 Fllene's (Wm) Sons Finance Co of Pa 48% 15% 98 128 54% 125% 54% 126% -* preferred * 54% S6 preferred % 12% % 18% See Invest Cos 6 % preferred 100 Gen Tire A Rub—-5 6% cum pref A100 Genessee Brew A—1 6% pref ser A-100 First Nat Stores—* Firth 18% 104% 44 % 19 105X 44 X 100 100 75 Fishman (M H)-. .* Preferred100 91 Corp.l Fllntkote Co com--* Fla Portld Cem u t s. Florence Stove * Florsheim Shoe com* 14% isx i—100 36 23 X 23 X Gimbel Bros 7% 54% — -* 56 preferred—...* 2% 7 18 4 7X 2H * A Co Gleaner Harvester.* Glen Alden Coal * Glldden Co 8 4 % % conv pref 50 35 25 Publish &» 28 108 3 X u 6X MX Ford Motor Ltd Am dep rets ord— Ford Mot of Can- 2% Gobel (Adolf) Co—1 Godcbaux SugarClass A * Class B * * Preferred Goebel Brewing-— 1 Golconda Petrol—* Goldblatt Bros 50 Preferred Class A * 13 X 14 X Goodall Rubber Class B * MX 15% Good Humor Corp Ford Motor France 2X Foremost Dairies.. IX Formica Insulation Ft Worth Stk Yds.* 19% 2 20 Foster . 10 $7 conv pref Foundation Co 18 F-R Publishing....* Francisco Sugar * Franklin Co Coal Preferred 10 Franklin Ry Sup--* 1 . pref. 100 ... ..1 S3 convertible...* 4% conv pref. 100 Gabriel Co cl A * Gair (Robert) com-1 S3 Preferred..—10 Galveston Houston* * $6 conv pref Gannett Co Inc— SB conv t ref-.. Garfinckel UX 15 12 X — _ 7% 7% non-cumpflOO Hendey Mach ' Hendrick Ranch Royalties.. 72 75 3% 3% 11 103 105 n" 37% 4% 25 18% 21 7X 9 1st B pref... 25 Common Preferred. Com div certifs—* Ex-div certifs—* 11% Granite City Steel.* Grant vW T) com. 10 Granite Tron 10% 19% 2ex 98% 20 * Gray Mfg Co tit & Non vot ,42% 18 37 13% 19 X 39% Pac 11" 17 10 * mm Great T akesSS 17% 87 % 86 100 102 9X 50 52 Gar Wood Indu t—3 5% 14 H 14 X 10% 52% 12 19 Without par value, * 1% 2 i!S 14 - • * 14% Holt (H) A Co A__* Hooker Electro % . . W'house (Ohio). Great Nor Pap 25 Great West Sugar..* 7*7, preferred.. 100 Greenf Id T'p A Die* $6 preferred—100 SI.50 preferred--* Green (H L) Co—.1 Greyhound Corp. * 6 % % preferred. 10 Griesedieck Western Brew common * 5%% pref—.25 35% 23 5 54% 24% 8% 26 113% 128% 129 16 5 Nominal, r 87 90 Interstate 1% 6% 32% 13% 14% % 6% 31% 13 14% 103 . _ Equipment 1 Hosiery— Mills com -* Intertype Corp * Ironer—10 Irving Air Chute—1 Irving (John) Shoe.l w 27% 137% 9% Jarvis (W B) Co...1 14 Horn (A C) com Prior preferredHorn Hard't(NY) 34% 1% 3% 7% 18% Statler _ 4 6% 112 35 112% .25 117 16% 23 24 102 7 % preferred 100 Hotel Waldorf-Ast.l . % % * 37% 14% 37% 14% 65 69 Houston 1 Houston Gil (Tex> Vot tr ctfs com 25 Vot tr ctfs 6% pf25 63 20 22 Howard Aircraft- 33% 14% 11% 33% Howe Scale com 15 1st preferred..100 2nd preferred * Hubbell (Harvey)_5 — 1 * 1 5% 16 % 9% x l 6% 18 1% 11 51 Tea Johns-Man ville.. 48 - 7% preferred—100 Preferred called Johnson Oil Ref. Johnson Pub 10 Johnson Stevens A Shinkle Shoa —* Johnson Tin Foil A Metal 100 Jonas A Naumb'g2% l8~" Ex-dividend. 18% 70% 126 3% % ; Steel common. 100 Joy Mfg,. — Julian A 1 Kokenge—* Kahn's (E) Sons..* 1st pref 100 Kalamazoo Stove A 2% 14% 1% 4 8 20% 49" ~ 71% 127% 4% 1% 14% 70 2% 2Xk 28% 63% 15% 29% Jones A Laughlin • 1 14 * Jewel Furnace com—.10 26% t New stock, 1 H-i| CO 1 Cereal 7% preferred—100 44 Canadian price, 1 ITH >00 25 Jenkins Bros Jersey 15% com 60 25% 2% Jeannette Glass.. .* Sl.50convpref.20 12 6 •B" Jefferson Lake Sul % Preferred 10 Oil Field Material com 10% 14 16 5 i 5 5* 36% 3% 8 13% 13% 50 139 16% 4 34 Class B 3% 12% w..25 99 10% 7% 16% Iron Fireman vtc._ Preferred 10 11 Ironrite 7 6 9% 95 _. 1% 3% Interstate Home— 9 100 5% preferred 100 Horn A Hard't Bak * 104 1% 28% 8% 100 27% 2% 49 3% & 97 Class A 18 43 100 36% 34% 25% 1% 27% 8% 18 Houdaille-Hershey— 40 36% 3% 23% Internat Silver 50 7 % preferred. . 100 Int Text Book * Int Vitamin Corp. -1 com .100 1 5% 3% 64 Horder's Inc com..* Hormel A Co com—* ' m Internat Salt Jackson (Byron) see Jacobs (F L) Co—1 Hotel 112 5% 1% 99% 20% 40% 9% 9 21% n 14 100 Int Safety Razor B. Interstate 27% «. 17% 97% 19% 14 k Last sale, 14% Chemical 14% 35% 23% 5% 58% 20% 71 5 23 7 4. 21 21 7% 3% 10 14 20 8% 30 Airplane Engine 10 Interstate Bakeries* $5 preferred * Interstate Dept St's* 7% preferred—100 21 18 40 7% preferred 51 14% 129% 15 Internat Shoe * Houdry Process. .10 _ 6 pref.. 100 1 Common Great Lakes Term 19% conv 6% preferred 1st preferred 100 Great Lakes Paper 6% pref ..100 2 23 preferred..5 Hollander(A)& Son 5 Holland Furnace.10 Holophane Co Holly Sugar 7 % preferred 100 Tea 5% 1% 25 X Gaylord Container. 5 5)4 conv pref..50 Gen Accept'ce Corp Class A —5 Conv preferred.'0 Atl 8% 8% Hoe (R) class A..10 Prior pref —65 1% 10c Rrefeived .100 f 1.80 prior pref..* 9 $1% Pig 6% preferred 20 Grat.cn & Knight. 27% 99% 25c City common. 6% 6% 5 10 Hickock Oil cl A 1 Hilton-Davis Chem Common 1 17 % 7% com.. Preferred 37 X 37 48 Power Coupon shares.. Registered shs— 113 Hiawatha Oil A Gas $5 3% 100 Graham-Paige Mot 1 Grand Rarts Varn_* Grand Union— . conv pref—100 Wa arrants 66% 62% 13% 7% 29% 128% Internat Petroleum 103 22 13% 5% 26 Heywood-Wakefield Silk — A 133% 58% 164% 2% 20 * Ind Preferred 37 Gotham 2 1% 2b _. Internat Pulp Common "5% 162 £1 Nickel" (Can) 7% cum pref. .100 International Paper 63 90 34% Gorton-Pew Fish--* 132 23 Metal Int % ^ % 17 43 23 A 88 28% 10 16 1 plocc 10 27 $3 preferred Gorham Mfg Internat 9 36 57% Internat Prod 55 A_* 7% preferred-.100 166 4% 10% 175% 42% 21% International Match Realization Int Mercan Mar. 42% 111 2 34 Internat Indus.— 109 8% 10% * 11% 164 4 175 12 105 158 90 89 41% 110% Publishing pref— 12% Hevden Chemical 11% 38% 154% Internat Elevating40 Int Harvester * II 53% 1% 15% * 50 Hosiery com 7 % preferred 6% 10% 110 82 5% 20 5% 10% 11% 10% * Hinde A Dauch_._10 16% 5X 19 5 conv Hires (C E) com Hobart Mfg A com Int Cigar Mach 3% 25% 111 Internat Educational 2% Pref 4 2% 2% 3% 25 110 Int Business Mach.* Int'l Cellucotton..* 28 Hewitt Rubber 28 9 35 Agricultural..* 7% prior pref-100 109 7% 8% 1% 1% 1 Int. 99 HCTshey Chocolate.* 27 1 . 3% 2% — 6% preferred..100 Hershey Creamery." Preferred 100 8 1 2 19 7% 6 % preferred. 100 Intercont Rubber..* inter lake Iron * 20 Powder Hercules 18 Interchemical Corp * 16% 2% 58 Hercules Cement 85 14 (J) A Co 116% 6% 25 94 16 —1 * 8% 17% 44% 9 — 93 * com Preferred 6% conv pref..25 Garlock Packing...* Common 6% 5% 8% 8% 17% 43% Class A Helme (G W) 21% Fuhrman A Schmidt Brewing com. 1 Fuller Brush com..5 Fu'ler (G A) Co- Co 1 Canada. 8 Partlc conv pref 15 Fruehauf Trailer 1 Gamewell 7 7% 56% % class A pref.25 Hecker Prod com—1 Helena Rub'stein.-* 21% Rubber Investing-.* Common 6% conv pref. _50 1% * 13 9% 3% 1% 106% 27% 22 17 10 30 95 5 17% 65% Gorbam Inc Preferred ..100 Froedtert Grain A conv Hazeltine Corp.. Hearns Dept Stores 17 3 6 Freeport Sulphur. 10 5% Hazel-Atlas Glass.25 63 84 — common Haytian Corp— 30 $5 conv pref * Goodyear T A R of 20 2 Franklin Shops Preferred. Malt 13 Hawley Pulp A Papl $7 preferred * Hayes Indus ..1 Hayes Mfg —2 11% 15* 1st pref 10 Industrial Rayon..* Ingersoll Rand. * 6 % preferred—100 Inland Steel * 2 20 12 6% 8% 9% 11% Cum prer 100 Indus Brown Hoist— 6% 5% Prior $5 preferred Goodyear Tire A 19X 83 1 Foundation Co of Canada Fox Film class A. Fox (Peter) Brew. .5 French * preferred-12 Par tic pref 100 Haverty Furn Cos Conv pref * Hatfield-Campbell Common. 5% 8% 8% Class B 1 Indus Accep Corp— 101 99 I 28"" 27 * Indian Terr Ilium Oil non-vot A Hearst Consol Pub 48 6 8% 7% . 6%% pref w w 100 Goodrich (B F)_ Am dep rets Wheeler- 6 6 4 47 44 » S3 pref 3% 4% 8% 8% m 1 2 11% 28% m% Indiana Pipe Line 10 Indian Refining.. 10 s Hercules Motors 100 pref Globe Wernicke—* Preferred * 1 3% 1% 11% 28% 31% 7% 47% 5% Globe-Democrat 3 55 27 X 106 3% 3% Gladding McBean 19 ex * * 5 46% Preferred 100 Food Devices—20c Food Machinery-. 10 4%s conv pref-100 Foote Bros Gear & Mach com. ,_5 Preferred .100 Foote Burt com * 7 44 55 ennv pref—--* Gilmer (L H) 5 2% Folmer Graflex —* Preferred Gilchrist Co Gillette Saf Razor.* Follansbee Steel New com w i—10 New pref w Giddings A Lewis..2 Gilbert (AC) * 19 Follansbee Bros— 10 9X 94% M% 10% 28% 29% 71 36 % 69 Flour Mills of Amer i'referred * Fohs Oil.——» Preferred 50 50 Cement com Gibson Art. 8 3 18 Giant Portland— Preferred Common Preferred Fisk Rubber 107 3 Class B com Steel Sterling 17% 105% 12 66 133 i Haskelite Mfg—. . 5 Hat Corp class A—1 - 27% 2% Indian Motocycle..* Preferred. 10 Indiana Gas A Chem Common .5 12% Hartman Tob— n-v. 11 Brit A Irel'd Am dep rets ord £1 20% Harvard Brewing-. 1 Harvill Aircraft Class B 103 21 cations com 1 Firestone Tire & Rub 10 14% J of G' 150 6% —■— 25c 1% of Canada com. .5 25% 63 128 $5 preferred—.100 Hart A Cooley—25 Hartford Times—* 4 29 Gen Theat Equip.-* Gen Time Instru—* 23 ' 1% 8% 58 Imperial Tobacco preferred- .100 Diecasting 30% 12% 22% 106% S6 conv pref—-* Finch Telecommuni¬ Common 30 Steel Casting Gen 6% 23 25% 135% 10% Harris Seybold Potter com 98 29% 14% 1 General Shoe 29 17% 97 Refractories--* Gen 9% 109% J * 6% preferred—100 50 &* 88 8% 108% Gen Rayon A stk—* Gen Ry Signal 17 Chemical* Harbison-Walker Refractories com Harrlsburg Steel—6 85 ♦ A 1% 21% Harlow Aircraft—1 % 10 100 com Imperial Oil Ltd Registered shs Imperial Tobacco 50c 2* 98 8% 100 Imperial Chemical Indus rcts_. £l 103 30c 12$ 95 Ideal Cement 28" 102% _ Harshaw 13 9 4% 43% 30% 27 i/ 6% conv pref—25 Hygrade Food Prod5 Hygrade Sylvan * 6%s conv pref * 39 42 12% 48 100 Common 17 4 Hanley 23% 101% 95 19% 28% 51% .. 8% 1 6% pref 100 Hydraulic Press Mf| 17 38 (James)—5 Preferred 50 Hanna (MA) * $5 cum pref * Happiness Candy. * Brick 106 118 21% 100% 6% preferred-.100 General Print Ink. 24 1 OO Sfi preferred 49 127 plooa 93 15% 15% * Common 4 2% 23% 14 _5 Watch._* Hammermill Pap .10 Hammond Instruml Preferred 50 37% 117 Gen Optical pref __* Gen Outdoor Adv't'g 1 11 Hall 17 12 5% 60% 11% 50 Preferred 4 14 A* 60 Huylers Inc., com.. I 7% pref unstpdlOO 7% pref stmpd 100 Hyde Park Brew. 10 Hydraulic Press 5 11% 16% 18% 16% 100 com—5 (W F)Print'g 10 Ask share Huttig SashADoor 5 2 3 * Hajoca Corp Haloid Co Preferred 3 29% 3 Hall Lamp Hamilton preferred-100 Mills 25 Preferred 19% 116% 6% 14% A Alabaster Ltd. 110 General Motors-.10 $5 Fed Screw Works. Federated Dept Sts 38 Gypsum Lime General 14% 4% Farnsworth Telev & Radio Fashion Park com Gulf Oil Corp 82 40c 14 1.40 2% 80% preferred--100 Cigar common * 7 % preferred- -100 7% 24% 16% 6% preferred...20 Hupp Motor 1 Husamann-Ligonler * 2% 26% 1% 7 22 Gen / 23% 24% * 10 6 22 1 Engineering com 1 Warrants.— i.— 3% 7% 22% General Cable Class A Watch preferred... .25 Guantanamo Sag—* 8 % preferred —100 Gulfboard Oil 1 3 27% 21% 26% C 2050 Grumman Aircraft General Bronze....5 10c r Gruen 14% 1.30 Bid Per 2% 2 1900 73 1% Par Hudson Mot Car.-* Humble Oil A Ref..* Hummel-Ross Fibre Common 5 Hunter Steel com..* Jroc Store Prod.25c Group No. 1 Oil-..* Group No. 2 Oil— .1 7% 134% 131 Gen Banknote. ___1 88% % 1% 3% 52% 69 7 General Baking—5 $8 1st pref..— Stocks Ask Bid Par Per share 3% 5X 52 Amer Trans. .6 Gen 27% 9% Fansteel Metallurg Far ben Ind Preferred 2 -10 Texas common. .5 Preferred 10 128 Stocks General Amer Oil of -101% 8% preferred- 100 Fairbanks Morse--* Falrcbild Aviation ! Palrchlld Eng & Alrl Fairfield West Md Dairy 6% pref— Fajardo Sugar 20 Falstaff Brewery- 1 Famise Corp 50c Glass A 2 Famous Players Can Oo p com.. 1 Fanny F'mer Cand-* 1% * Alloys Co Preferred id 8% Exolon Oo com * Faber Ooe A Grega * Preferred -100 Pafnir Bearing:— 25 Pair (The) Chicago * 7% preferred--100 Fairbanks Co 25 Ask Per share X Exch Buffet OorpEx Lax Mfg A.-.10 possible for the closing day of tbe month preceding the date of Issue Bid Par Stocks share STOCKS MISCELLANEOUS & are ai pear aa 26 105" 14 65 16% 29% 13% 109% 14% may, 1940] industrial miscellaneous & 89 stocks Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks Par Bid Per Kane Carburetor. _* K O Stk Yds Me.100 Preferred 100 Kaufman Dept Common 1 Preferred Kefth-Albee-Orph—■ pre' 100 Keith (Geo E) Co— 7% preferred.. 100 conv Keller Dorian Colorfilm Kellett Autoglro Lion Oil Refg 2K 45 82 X 86 X 12K 6% preferred...25 Liquid Carbonic...* Liquidometer Corp 1 97 4 X 5K lOk Ilk Brothers Preferred IK 1 • 23 5 Conv class A Class B 1 1 Kendall Refining. 10 Kennedys Inc. 5 $1.25 conv pref * Ken-Had Tube & Lamp A * Kensico Cemetery Association 100 Kentucky Si one vtcl Key Co common * Keyes Fibre com..* Glass A Preferred * Keystone Steel & Wire common...* ..16 2-3 King Oil - • 100 ...1 Kingsbury Brew 1 King Seeley com 1 Kingston Products. 1 _ _ Kinner Motors 1 Kinney (G R) Inc-.l $5 prior pref * Klrby Lumber.. 100 Kir by Petrol 1 Klein (DE) Co * Kleinert Rubber. .10 Knapp-M onarch _ pref....* Kobacker Stores... * 7% preferred. .100 Koppers Co 6%pfl00 Kresge Dept Stores 1 4% preferred.. 100 Kresge (S S) Co.. 10 Kress (S H) * Special pref 10 Kreuger (G) Brew.l Kroger Grocery & Baking common.* 1st preferred.. 100 Kysor Heater ..1 Laclede-Christy Clay Products * Laclede Steel Loft CandyCorp. 1 Lone Star Cement.* _ $5 preferred—100 9K Longwest Corp * Bis. .25 Loose Wiles 18K 12 X 57 K 17 17 K 7K 17 K 32 35 11 12 Lorillard (P) 10 7% preferred-.100 24 18 102 110 7k 1K 8 2 Loudon Packing A* 50 60 13 X 180 160 14 * 2 13 it* 57 62 — Ludlow Valve com.* '42 43 X 112 X 7k %, 9 45 10 IK 2K 2K 10* Preferred 2K * Mack Trucks Inc.-* MacMlllan UK 9K MacWhyte Co— 8% preferred.. 100 Macy (R H) Co Inc * Mad Sq Garden * Magazine Repeater 35 7K Co IK 33 K IK 2K 16k 26k 26 7 Major Marketing. .1 Mallory (P R) ..» Maitine Co— 34 34 X 6 Manati Sugar com 1 Option warrants.. Mandel Bros Inc. ,20 Mangel Stores 6K 1 $5 conv pref * Manhattan Shlrt.25 6K Manischewitz 1* U* 2*' \rA 3K IK 6K IK 38 K 14 K 4K IK 6K IK 40 K (B). * 10 100 111 19 26 K Mansfield Tire & 120 124 14 X 14 Feb. 27 Manning Bowman Preferred 6 Co * * 3K 15 X 4K 15K Manufac's Trading 1 Preferred 10 28 30 Mapes Cons Mfg..* Maple Leaf Mill * Landers, Frary & Clark ..25 Landis Machine..25 Lane 8K 4K Bryant Inc..* 7% preferred... Lanett Bleachery 82 Lane Wells Co 12 1 ilK Jan. Preferred 100 Maracaibo Oil Exp. 1 Marathon Paper..25 15 38 Preferred 12 X 100 Class B * Lanova Corp 1 Lanston Monotype Machine Co.. 100 Lautaro Nitrate A.l Lawrence Portland 100 Lea Fabrics * 13 K 5K 5X n-c 30 2K 3K 13 14 IK 9K 28 K IK 9K 8 29 10 8 10 IK 45 X 102 K Mission Oil Miss Valley 16 7 8 Lebanon Steel & Ir.l 3X Lee Rub & Tire -.5 Lefcourt Rlty Corp 1 29 X 3 k 29 K * »» 7h Leh Coaf& Nav...* Leh Portl Cement.25 2% 21K 4% conv pref.100 Lehlgb Valley Coal * cum conv pf50 Lehigh & WilkesBarre Corp * Lehn & Fink Prod.5 Leland Electric Lemp (Wm J) Brew5 IK 3K 31 34 13 X 13 K 15 13 3k Leonard Oil Devel 25 Refining-3 Stores.....* IK 3 K 2k 27 K 4K% pref....100 Lessings Inc 1 Le Tourneau (R G)1 Lewis (Edgar P)pf 10 Ley (Fred T) & Co.* LIbbey-Owens-Ford * Liberty Aircraft... 1 Liberty Baking....* 3 3* 28 1 Lig & Myers Tob.25 Common B 25 7% preferred.. 100 Lily Thilip Cup-.-.* Lima Locom Wks. * Lincoln Bldg v t c. .1 Mtge 1 Lincoln Service.. 100 3.* 32 K X 49 X 7X X 8K 44 K 107 K Preferred -.100 Master Electric 1 Master Tire & Rub* * 50 7 K 4* ■4* 109 43 5 106 * McGraw Electric.. 1 McGraw-Hill Pub.* 41 IX 2K 17K 30 K 15K 173 51 X 3 X 52 3K 103 X 29 10 Plate com $3 conv pref * 50 55 15 15K 6 IK 16K 109 27 X 8K 7K 100 K 7K 3 k $5.50 pfserB w w* Mead Johnson com * llV* 78 72 K 167 18 22 48 55 Melville Shoe new.l 11X 37 X UK 5 % preferred. .100 Mengel (Jo -.1 118 Lion Match.......* 10 X •No par value. 38 X 8 K 169 conv 1st pf.50 10 X 33K 120 4 X 21K 11K * Last sale. 5% n Nominal, r 2K 8K i0& 6% 20 K 100 170 100 100 142 prefer ed.100 96 65 7 24 K 5K% preferred.. 41K Nat Oil Products. .4 4K 1 25 5% preferred 50 Corp. 1 2K Preferred Nat 10 Radiator....10 Nat Refining com. Nat Rub Mach 7 3K 4K 5K * 65 $6 preferred—100 Nat Steel Car Ltd.* 43 K 64 K Nat Steel Corp 25 Nat Sugar Refg * National Supply— 7% preferred. 100 Nat Supply (Pa).. 10 5K% pr pref.. 100 10-year $2 pref 40 6% prior pref.100 10K 53 . Nat Tea common. Preferred 8K 40 K 12K 40 K 7K _* 8 10 National Tool IK UK 1 Nat Union Radio.. 1 * Navarro Oil 10* * Co Natomas 10 K 2K 12K 1st preferred Neisner Bros * 1 84 K 22 4K% conv pfd 100 (Herman) 5 88 K n§M Nelson Neptune Meter 121K 50 K 50 K 168 169 4 X A__* 85 8% preferred..100 Vestle-Le Mur cl A * 30 31 28 K 29 K 47 K X 46 109 7 114 Newberry (J J) Co.* 5% preferred-.100 New Bedford Cord age common 5 Preferred 100 New Britain Mach * 2K r 93 — Nebel (Oscar) pref.* Nehi Corp com new * 121 r 4 X Nazareth Cement-10 Prpferred 100 118 47 K 189 2K 190 281 New New K 39 33 Eng Gr'n Prodi England Lime units 10 * 60 62 New Hav 01 com..* 42 43 New Idea com.. 7K 14K * New Mexico & 96 97 139 149 Machinery. .100 Mortbon Corp A..1 Mtge Bk of Colombia pref..* Lead—10 117K 89 91 American shares. 2K 2 X 4K Motor Finance . 5K 25 com Conv preferred. .♦ . Canadian price. 1 27 94 97 — — -i ~ 14 K 17 K 6 22 K 2 14 K 17 X 6K 23 Arizona Land * 4K 31K 13 K 32 K 14 Munson SS pref A_* 17 K 19K conv "C" units Murphy VarnishlOO Preferred .100 78 K 109 K 7 * Preferred .100 Mutual System— See Invest Cos I New stock. 4 «■»«•••» 34 * Muskogee Co 5 21 X 3K 3 k 5% preferred.. 100 Murray Corp 10 Murray-Ohio Mfg.* Muskegon Piston Ring com 2.50 Murphy (G O) i* Newport Indus 1 1 New Process Co N Y Auction ♦ * 36 N Y Air Brake N Y Dock * 3K $5 non-cum * pf * Merchandise. 10 NY Shipbuilding.. 1 Founders shares. 1 N Y 44 X 6 K 10K 8 X 25 X 21 100 5 115 Niagara Alkali pf 100 109 7% pref N Y Transit Nicholson 6 X * 32 * File 30 K 1900 Corp— 4 pref * Munsingwear Inc..* 28 33 10 8 10 $7 2?S Prior preferred .50 Line Material.....5 Link-Belt Co • Lionel Corp ..10 Preferred 8K 5% conv pf A. 100 Class B 10 9K 7K £8 <fe Co Ltd Motor Products * M0t Wheel Corp.,5 Mountain Prod...10 Mueller Brass Co. 1 Mullins Mfg Corp— 8K 2K 3X Moore (Tom) Dist.l Moore Drop For A_* Morrell(John) & Co* Morris (Philip) Motor Improvem't 1 108 39 K 7 X 13 K 79 74 Mc Williams Dredge* Mead Corp com._ $6 preferred serA* Preferred B—100 conv 7% pref A 6% pref B 117 X * 2 8K 109 K * 16 X 109 K 27 K 9K 106 K 38 K 180K 4K 28 8K * Moore Corp com..* Preferred A 100 11K * * 7K 99 K pref.100 McQuay NorrlsMfg* conv 24 16K 7K _ & McLellan Sts com.l 6% 10K 13 K yMorse Twist Drill McKeesport Tin McKesson-Robb'ns 5 48 110 16 Monolith Portland part pref 8 1 Fuel Gas Natl Gypsum com.l Nat Shirt Sh Del..* Moody's Invest Serv McColl-Frontenac 108 X 8 8K 40 3K 51 30 Oil Co 70 12 25 107 K Nat 13 K 20 Nat Transit—12.50 Monticello Tobac. -1 Monumental Radio 1 3K 101K 27 K 53 X !07K 35c Moloney Electric A* Molybdenum Corp 1 A Class A Nat Paper & Type— Z* UK Montgomery Ward * 48 K 39 X 170 VM 3 107 Glass UK Nat Food Products Steel Castings * Nat Mfrs &Stores,_* 25c Preferred.. .100 Mohawk Carpet-.20 Mohawk Rubber. _* 33 24 X 38 * Nation! Malleable & 11 4K Class B 1 Mo Portl Oement_25 Mock Judson— 43 K 12 32 Vat Dist Prod i7k 110 109 K 5 k Natl Drug 6% pf.50 Vat Enam Stpa * 2H Missouri Kansas Cum pref ser B 43 X * 178 20 K 25 K 3K 105 7 % preferred- -100 May Dept Stores. 10 Maytag Co * 1st $6 pref * S3 cum pf w w _.* McCahan Sugar Refining pref. .100 McCall Corp * McCrory Stores... 1 Conv 6% pref.100 7 4 6% preferred ..100 MarshallWells pf 100 Martin (Glen L) 1 Martin Parry Corp * Masonite Corp * 5% A conv pf.100 Mas8ey-Harris * 11 Nat Lock Wa8her_20 3K Midwest pref. 10 Monsanto Chem_.10 $4.50 p7 ser A * Preferred 100 McCord Rad cl A..* Class B..— * 87 Preferred 100 Lib McNeil & Lib.7 Life Savers Corp..6 4 4K 47 K 10K 11K 22 K 1 14K Preferred Math'son Alkali 114 111 52 X 105 X 69 K 25 50 K 9K 13 K (Del) 1 Cylinder Gas.. 1 Nat Dairy Prod—* 7% pref class A100 7% prefclass B100 Vat Dept Stores... * 6% preferred—10 Nat Licorice com 18K Barge 14 X -.100 Rockwell-.1 96 13 K Nat Pumps Voehringer.Co2.50 IX 46 X * 112 K 35 7 common * $7 Common 30 25 49 Preferred 120 12 1 A common— B common com Preferred National 38K IK Monarch Mach T'l * Marlin MX 3.60 Monogram Pictures 1 Marshall Field & Co* % Mississippi Glass— 3K 30K 7 32 K 90c 8 10K (I) SonRCom 5 8% preferred 50 Milton Bradley pf 100 Minneap-Honeywell Regulator * 4% pref ser B.100 Minn Min & Mfg__* Minneapolis-Moline Power Implem 1 $6.50 cum pref-.* Mission Corp... 10 Mission Dry Corp.l 112 98 K 15 Nat. Cash Reg —* Nat Chem & Mfg__l $4.50 * 16 X 6K 70c 3 X 6 100 div shares. * 3K 29 K 15K | 6K 6K 15 X 37% 119K 18K 111 K 2K 7K 9K 10K Fdy..* Candy.. * preferred-.100 2d preferred—100 Aluminum National Class B 8% 1st pref $2 15 Shov—* 8 3K K Products com.* Marion St Bakeries class A.* 5K 6 * Margay Oil Corp..* Langendorf United 1% 6 15 X 1 1 Pipe Line A * com K Midland Oil Corp— Line * common Rubber 5 Millar 26 13 IK Midwest Piping & 5 25 K 29 7 7 1 $2 conv pref Midland Steel 22! 166k 23 K 7% preferred.. 100 * Nat Container K IK * t c 102" 1 10 Vat Biscuit Nat 6 Supply common.* Midwest Refin 1 23 12 X 5X v Bellas-Hess Vat Vat Casket j 15c Ke 10 Sugar Preferred. 6% conv pref__ 10 Nat Bearing Metals* Preferred 100 1st 15K 99 X 1 Oil 12 89 Television com__l 5c Mich Steel Cast 1 Mich Steel Tube.2K 30"" Mahon (R C) $2 pf_* Mahoning Invest 100 Majestic Radio & 3K 121 1 1 UK 84 80 116 125 4K 100 Gas & 9K 11K Nat Breweries £y* * 29 X * 65 25 K 28 42 1 Mich 31* 37 Metrop Playhouse.* Bumper Mich Chemical 7K Airlines. .1 National Bronze & .2 5c Partic prefence.15 Metal & Thermit..* Preferred 100 Mich 67h 5 Common Mexican Petrol 20 X 1 Acme Co Fibres common.-1 4 Mid-West A bras _50c Midwest Oil 10 104 Preferred 89 K Mesta Machine 5 Meteor Mot Car * Metal Textile Corp Mid vale Co 12K 88 K 3 H 1 Class B 138 K IK 14K Vat K K 30K — Class A vtc 11K 11K Warrants Mesabi iron Preferred1 Mid-Cont Petrol -10 Middle States Pet— 1 82 3X com Midcont'l Airlines— Common 1 Razor com 9K 3 K 62 X Scott Michigan * 79 * 50 10 135 15 National Automotive 28 X 33 6% preferred--100 Macfadden Newsp.* Macfadden Pub—* 13 K * _ IK 6 Nast (Conde) see O 22 8K 18 National 8 27 25 Co 17K IK 4K 100 MacAnd & Forbes 10 53 2K oO 6K% Pref 100 Luscombe Airpl.50c Lynch Corp 5 Lyon Metal Prod.10 30 50 3K 7K 20 Lunkenhelmer Co— Common .._* 44 X 114K 8K K IK 2K 2K 1 5% n-c pref Lukens Steel 6 Assncom.. Nash 73 K Preferred 24 X 163 \V 10K Vash-Kelvinator ..5 49 16K 12 K 54 K Meyer BlankeCo..* X 24 X 4 119 Lino.* Mexico-Ohio < >il 150 Louisiana Ice & E1.1 Louisville Cem.-lOO 48 Lambert Co Lincoln 12 preferred.. 100 2nd preferred. .100 1st 17 100 Lakey Fdy & Mach 1 Lerner X 55 X 5 44 Preferred Leonard * Cement com ~6K 43 ao% 43 3K Myles Standish vtc* Nachman Springf .* Narragansett Racing Merritt, Chapman A 35 3K 19K 6K% pref A100 7 X 34 K 109 K 35 K Portland Longhorn 2K Mvers (FE)& Bros.* 71K 6% preferred. .100 38K _ Long Bell Lum A..* Common * 1 Milling pref Merrimac Hat Preferred. 20 Lago Petroleum Lake of the Woods Conv 13 K 6 H 34K cum r>ment 13 K 38 108K Per 12 44 Merck & Co com—1 108 * _ Preferred * Knott Corp 1 Knuasen Creamery- 6% Mereenth'ler $6.50 cum pref..* Loft Inc * Keystone Watch Preferred 26 5% preferred—100 Lord & Taylor.. 100 * 24 K . - 27K Locomotive Firebox* Loew's Inc. com 1 4K Transportation * Merchants Refrig—* Preferred 100 4K IK Bid Par share 91 41 X IK 23 K 19 6K 17 K 11 17 X Preferred 100 Merchants & Miners 17 Stocks Ask Bid Per Mar. 5 21 16K 3K IK 24 16K Par Mercantile Proper_5 Mercantile Stores. _* 14 25 Locke Steel Chaln.5 108 IK 16K 9K 13KI Xk™ 20 Stocks 27 * Lockheed Air Craft. 1 19 Ask share 100 Class B 103 Bid Loblaw Groc Ltd A* Kelsey-Hayes Wheel Kimberly-Clark « Lit — common Case * Llpton (Thomas J)— Class A ...1 13 88 20 Kellogg Co.. Kelly Springfield Tire IK 42 100 Kayser (Jul) & Co_5 Par Per St's 5% conv pref.100 Kaynee io 7% Stocks Ask share UK 79 X 111K 7 X 12K Class A com Class B com 1 33 K Noma Elec Corp 1 North Amer Avia__l 22 X . . North Amer Cement Common 1 Class A pref.. 1 Class B pref 1 No Am Refractories Class 15% 7K 74 17K 7K 77 66 Niles-Bement-Pond * Nobiitt-S parks ..5 A__... • Class B * 6 K % preferredl 00 North Central Texas Oil 5 No European Oil—1 4K IX 3 6K IK 14* 3 K 3k % Mar 23 90 Bid Stocks Ask Bid Stocks Ask Par Per share Permutit Co Per 1 5X 6 1 * 2 Par 1% — North & Judd 251 North Pipe Line.-10 34 X 32% 8% 9X Class A 7 -.1 Warrants.. 7X 3X 17 X 2% Northwest Airlines.* N'west Engine * IBM N'west 53 Yeast—.100 Norwalk Tire& Rub* 7% preferred. - 20 55 nSH 38 .60 Norw Pharmacal.2% 16 % Novadel Agene Noxzema Chem * Nu-Enamel 1 35% 5% IX 1 £8 6X 2X Oceanic Trading. 30 Ohio Brass B Ohio Forge & 22% 160 * Machine Corp * 30% 33 * Ohio Leather Ohio Match 16 18 * Ohio Oil 13% 7% 105% « 6% preferred—100 Ohio Rubber * Ohio Seamless Tube5 5% preferre'l * Oil 23X 24X Petrol 10c 25c Red Rock Bottlers. 1 * Conversion. 1 Derivatives.* Petrol Heat & Pr>_ * Pettibone Mulliken * Pfeiffer Brewing * Pharis Tire & Rub.l X 2% . Exploration 7 8X 6Vs 35% Phelps-Dodge 25 Phila Daily News.10 Phila Dairy Prod—* $4 preferred * $6 preferred * Phil & Read C & I.* 5X 37 X 5X 38X 15X 8 106% 10 11X 21% 23 15 9% 8% conv pref.100 Pilgrim Explorat.-l Pillsb Flour Mills. _* 1 1 94 99 Pines 84 87 Piper Aircraft 1 8» 3% 20% 3X 21X Preferred * 21X Oliver Un Filters B Omar Inc 4 73% 18% Elevator 6 % preferred -.100 Otis Steel * Outlet Co * com 52 7% preferred.. 100 ^ 54% 62 Ox Fibre Brush 62X 52 X 15 16 9X IX 4% 5X 6X 17X 9X fa 10' 11 7 7Vs Package Maeh * Packard Motor * 3% Tubes * 75 % Page-Hersey 43 Pairpont Corp..100 Palmer Bros Pan Am Airways! Pan Amer Match 6 Pantex 18% Parktr Young un Keel Rig r» Fathe 42 152 3X' 7Vs 88 8% 9X 44 12 21 13 X 14X 10 20 X 8% 9 IX Common $7 conv Class B Pref 56 5 stamped 26 IX 1 3% 9X 7% 49% 8% 13X 13% 13% 13 Vs 39 41 *[r 22 X IX 22% 79 69 X 224 Inc Price Bros & Co Preferred Proc & Gamble * 8% preferred-.100 5% preferred. .100 Producers Corp__25c propper McCallum * Prosperity Co B * Publication Corp..* 1st preferred.. 100 Original pref. .100 Puget Sound Pulp & 113% X 80 70 230 114 50c 5 2 X 48 X 15 Vs 59 95X 43 39 88 1% 6Vs 16 X 3 2X 5c 15c lVs * 2% 16 ! 22 21Vs 343 21X 360 4% 27 4 V 28 X Electrotype!* Packing 10 Raybeetos-Manhat * Raymond Concrete * common $3 conv prefJ! * Rayonier Inc com. 1 _ $2 cum pref... .25 Raytheon Mfg..50c 6% preferred '.5 Rea' Siik Hosiery Mills common 7% cum 5 pref.. 100 sale, n Nominal, r Richman Radiator Richmond Cedar ! Co 2A 37 X 7% IX 2X 10 3 22* Ritter Dental Mfg. * "5X 1_ 6% 2% A * B * Bobbins & Myers. * Preferred 25 _ "4 4Vs % IX 5 Robertson Pap Box.5 17% 7% Robinson(Dwight P) 7% 1st pref...100 18% 15 Robertson (H H)__* Rochester Button * Preferred 100 7X 24 8% 26 M Shell Transp & Tr £2 Shell Union Oil. 25% 12% 27 Hoist Sher-Wms Can....* Preferred 100 Shuron Optical Silex Co Pub 14 16% 27 * 21 21% Simmons Co. Pt 1 7% * Simplicity Pattern. 1 — Skelly Oil ..15 6% cum pref. .100 Pref (called). Typewriter vtc Smith (Howard) Paper Mills.. Smyth Mfg 25 Packing 26 35Vs 36 Vs 60 Solar Conv A .1 * pref —1 Mfg Sonoco Products—5 Russell Mfg new * Rustless Ir & Steel. 1 12 X 13 Vs 14 So88 Mfg common. 1 Sout h Coast Corp. -1 $2.50 conv pref. * Ryan Cons Petrol.* Ryerson & Haynes.l Safety Car Heat & Ltg (Del) 50 46% 2% 1 Vs 48% 2% South Penn Oil 5Vs __ _. 100 Corp * $2 conv pref...50 St Lawrence Flour Mills com 100 Preferred 100 St Lawrence Preferred 53 X 49 Vs 56% 50 108% 99" 3Vs 14 "4% 15% 26% 29 37% 38% Q O ioo 66 St L Rocky Mt & 1% 15 100 3% 6% 4% 7% 38 41 21% 21% 10% 39% 26% 11% 40% 35 35% % % 3% 40 2 Canadian 27% 1 1 3% 45% 3 15 Preferred —100 St Paul Union 95 Stock Yards * St Regis Pap com..5 Preferred • 100 Salt Dome Oil. 29 com.. . 4% 78% 7% "4% 79% 8% Samson Dome Oil Samson United., Sanborn Map i 25 Sanitary Co of Am 8% preferred .100 San-Nap-Pak com.l Preferred 8% Units Savage Arms % 108% 25 50c ""% 21 : 102 Vs 21% 103% 1% 113 113% 17 115 112% 17% 8% 15% 55 22% 10 Vs 4% 8% 1% 31% lVs 11% 4% nV/8 30 39% 29% 145 40% 29% 152% - conv Southern pref—20 Bag & Paper $2 pf 6% pref Southern 14% 15% 20 21 Advance Groc com* South'n Pine Line 10 Southern Phosph.10 Southland Mills. . Royal..5 24 74 14 19% 9% 5 8 7% South West Penna Pipe Lines ^.10 1st preferred __ 27% 2% 15% 2% 18 20 9% 5% 10 7% 32* 2% 16 2% """% 110% 23 4% i% 10% 28% Sparks-With'gt*... * Spear & Co 1 $5.60 preferred..* Spencer Kellogg * 67 68 22% tpencerCorp v t c-.l perry Shoe 5 & Bolt 22 2% 14 Development -100 S'eastern Greyhound Lines common...5 Spalding (AG)&Br % Pacific Co. .100 IX 12 1% 11% 134 South Shore Oil & Preferred St Louis Screw— 23 . ^..100 25 Preferred 6% 85 10 Pre' erred Conv preferred Sou Webbing 100 1 So Porto Rico Sug.* Paper _____ St Louis Car Preferred. Sonotone Corp 8% preferred..100 108 130 112273i _ 19Vs 4% 13% * 24 Organ—.5 19 Safeway Stores 33 11 Simpson Ltd B_ * Singer Mfg 100 Singer Mfg Ltd— £1 Sioux City Stock Yards com 20 Preferred 20 Sirian Lamp com..* Preferred. * 24 3% 29 Simonds Saw & Steel ♦ 8ocony Vacuum. .15 116 3 90c 23% IX 1 & Co 7% pref.-.100 Snider 56 4% 70c Simon Brewery Simon (Franklin) Solar Aircraft of N Y ord shares. 4Vs 2Vs * Smith (A O) Corp. 10 Smith & Corona 2Vs 2Vs 12 24 $6 preferred—100 11 Vs 11 126 preferred—* .* Sloss-Sheff S & 1.100 10^ 2Vs 2% 6% 112% Slmmons-Boardman 14 X 40 97 10 * 26% 12% 29 96 111% 9% 120 X 1001 5% pf ser AAA 7% 39 107 106 25 Sherw-Willlams ..25, & 13% Preferred 100 Rome Cable Corp 5 Roosevelt Field 5 Root Petrol Co l 8% 5r* Shawnee Pottery.. 1 Sheaffer (W A) Pen* 5% preferred..100 ~5% ?f 13 4% 54% 6Vs Skinner J* 57 11 Sharp & Dohme * $3.50conv oref..* Sbattuck (Frank G)* 30 _ 7% 15 2 Rogers-Majestic A.* Rogers Paper A. * Rogers Peet 100 1 10 60% 27 Roeser & Pendleton * 18% 2% 85% 42% 14 * 2X *. 1 58 Vs Common... 4% X - » * Simms Petroleum-10 ..100 - M 8% * Common 5Vs Class ._.* Simmons Hdw & 4% ^ t Called May 1 at 107% plus $1% Last 67% 1 Vs 2% 57 Rath 7X 43 4% 21 Realty Operators Without par value, June 1 at 115. 2% 42 100 Pile IX 1% 6% 100 67% Randan Corp pt A * Class B I♦ Rapid 179 X 15% 2% * Richardson Preferred. _ 1 179 7 8 5 Radio- Keith-Orph. * New common.. 1 New preferred-100 IX * Richfield Oil Corp Warrants St Lawrence 80 X X 102" 154 15 14 $5 pref B......I* $3.50 conv 1st pf * 32 V 109 95 36 X 1 •. 5%% conv pf.100 Shepard Niles Orane! 2% 5% 152 Radio Corp of Am. * 27 X 18 19 3% 121 3X 10 ordinary 5s Rice Stix Dry Gds * 1st pref 100 2d pref 100 . 11 39 Ralston Steel Car 43 3Vs 118 10X 6X 3% 12% 10% 55 5% preferred.. 100 6% preferred.. 100 d lllVs 7% preferred.. 100 a lllVs St Croix Paper.. 100 19X 23 10% 53 X 43 V8 17 X 18 10% Vs % lVs 12% 7% Ruberoid Co... Russeks 5th Ave_2% 113 113 25 Chem.l 88 Inc sV - 14 Vs 97 Selection Royal Typewriter 7 % preferred. .100 28 Preferred 10 1 Rhinelander PaperlO Rhodesian Anglo. 10s 4 24 X Stor & Whse__ 100 59 3% 27X Pyrene Mfg 10 Quaker Oats * 6% preferred.. 100 Quaker State Oil.. 10 Quincy Market Cold 92 56^ 14X common 20 Pvle National Co. 83 10 Royal Dutch Co 95 X 14 X 5X 28% Sharon Steel Op $5 conv pref X IX 26X Inc 13 X 29 1 25 Vs Preferred 13% $1.20 conv pfd_20 Rose 5 10&25c Store com..* Timber Seton Leather Rockwood & Co 5% conv pref.. 100 6% prefer red.. 100 Purity Bakeries.. lc * 4 2 (")"" lOOlr Pressurlube Servel River Rasin Paper.* Riverside Cement-— * 1 87 79 20 X 23 X 5% conv 1st pf„.5 5% conv 2d pf..60 & 76 19X 40 pref Seiberling Rubber.* 5% preferred.. 100 Selby Shoe * Selfridge Prov St £1. Sentry Safety Con.i Serrick Corp cl B..1 Preferred 38 Pressed Metals Am.l Pressed Steel Car— IX 6% 6% 21X 11 23 * 55 RheemMfgOo Class 8% 50 lVs 6X 6Vs 20 Vs . — 38 1 ware com Preferred 52 _ - ■ 7% % 17% 2% 85% _* t c__l Riegel Paper Riley Stoker IX X 27% IX IX IX 40 • Segal Lock & Hard¬ w__25 16 IX 96 * v 14 X 10 Vs 100 Hall.. preferred Pepsi-Cola... • Albany Bottl CoM 37"" % 9% 9 * Seeman Bros 32 28 88"" Seaboard Oil (Del).* 23% 4% 8X 112% 107% 25 * Seagrave Corp Sears, Roebuck 44 31 * Scullin Steel Warrants "6 3hi W orks common .10 4 6 52 116 35 17 Industries Called 21X 12X 13 12 _ e 21 * Potrero Sugar com .5 Preferred. 5 121 Units * 88 10% 88 X 97 X 14% 21 Peoples Drug StoresS lVs J 7/8 86 3% vt c.. Perfect Circle * Rademaker pref " % 4X IX 9% i¥ Republic Air Prodsl Republic Aviation Republic Steel * 6% conv pref.100 6% prior pf A. 100 Revere Cop & Br. ~ Rhodesian 107X w B common 1*' 19 X 3 . com! 35% 18% 12 Air- A 33 33* 10X 58% 94 Vs Penn-Mex Fuel"."" -1 Penn Rivet Corp. .1 Penn Salt Mfg.. 50 Penn Sugar .201 Penn Traffic. 11* Penn Vy Crude Oil Class 29 Punta Alegre Sugar * Pure Oil Co * 15 pref A... Class B Units Pennzoil Co 7 10 27 47 X Penn Glass Sand— Penna 11* 103 Pullman 3% Coke 10 conv Class A IX 10c Cement. 7% 12X 102X 6Vs 9X J5/8 22 7% cum pref..100 5%% cum pf..100 Reynolds Metals..* 5%% conv pf.100 Reynolds Spring._ Reynolds Tob 10 11 IX Corp 44% 8Xs 6Vs 25% 79% 13 2 warrants.. Preferred 4% 3% B' Groc y A lines * * _ Class A. & Penick & Ford""" Penney (J O) Com! Penn-Central Bond Class A. 72 12 rights Reo Motors 10% ending com. Preferred ...."." Class Poor & Co class B_ 101X B 106 X 24 Peck, Stow & WiiclO Peerless Cement * V 7X 11% 20 % * Weighing 1 * 100 Rem'tn Rand com.l Porterfield Aircraftl Porto-Ric-Am Tob— 4 90 43 X Laboratories* Peerless 100 Polaroid Corp Pollak Mfg 6 & Preferred Preferred 42 40 X 139 X Trans * Pathe Film Corp__l Pocahontas Fuel.100 Common 4 Farm el ee 9X 2Vs 28 Vs Ve 9X 23% 11 Pneumatic Scale conv 4% 37 1 Plough Inc. 7X Plymouth Cord. 100 Plymouth Oil 5 13% 12% $1.50 conv pref.25 Remington Arms..* Pratt & Lambert..* ts. common (Thos G)— 7% 1st pref 100 Prentice Park & Tilford Inc.l Parkersburg * Prairie Oil & Gas.25 Pressing 10 Parke. Davis Co..* Parker Pen 10 Parker Rust, Prf_2% Parker Wolverine. * Pittston Co Powdrell & Alexan_5 4% & P**—100 2d pref Preferred Pratt Food % Machine common * Preferred * Paraffine Co Inc""* 4% conv pref. 100 Paramount Motors 1 Paramount Picturesl 6% 22 X 6% _ 1 100 Pitts Term Coal Potash Co of Am..5 8 Refining com l Pantepec Oil Co—" American shares. 3X 105 Pan-Amer Southern! Panhandle Prod & Pittsburgh Steel * 7% pref B 100 5%% prior pf_100 5% oref A 100 77 % 22% 17% 6 25 Pan Amer Petrol & Transport $50par R__. 46 1 * Pgh Metallurgical 10 Pittsg PI Glass 25 26 12X Reliance Sreel 4 30 42 X 112 Scruggs-Vander Barney com 5 1st preferred.. 100 2d preferred.. 100 3X% pref—100 8*' % 27 13 24 Preferred 8 Pleas't ValWine Col 50% 9% Coast"Gem" * 23 $5 conv pref. * Pitts Forgings..__.l 9 60 Pacific Coast Co.. 10 1st preferred * 2d preferred * Pac Coast Term.. 10 Pac fic West Oil.. 10 7X 7% * 100 Preferred Plant 95 % 8 Oxford Paper com.* 56 preferred A * $5 preference I* Pac Amer Fisheries 5 Pacific Aviation___1 Pacific Can * 40 Pitney-Bowps Post.* Pitts Coal (Pa)-.100 6% preferred-.100 120 115% Owens-Ill Glass. 12% Pacific 31 29% Pirelli Co of Italy— Am shs 500 lire... Pitts Screw & Bolt 10X 37 Vs Marine dx. Manufacturing..5 _ 16X 143 10% 35% $5.50conv 1st pf!" _ 14 141 . Outboard 5X 2X 13% 16% * Winterfront.l Pitts Coke & Iron. 31 30% 4% x Oswego Falls comlOO Otis 5X 8X 76 X 19 X 8 6% preferred.. 100 Oneida Ltd coml2'' Preferred Oppenheim Collins O Sullivan Rubber, ■IX 7% X 10% X 14 84 X 8% preferred—100 New pref w I 25 Scott Paper * $4.50 preferred..* $4 preferred ..* Scovill Mfg 25 Scranton Lace " % X 13 82 16 Reliance El & 2X 3X 15X 2X 6 Eng 5 Reliapce Mfg Co. 10 39 13% IX 5% Oil_% Reliable Stores Corp— 100 common 6 55 2X 2X 6% preferred.. 100 Oldetyme Distillers' Oliver Farm Equip. Okonite Reiter-Foster 13 X X , & Co..* 7% 1st pref...100 41 Schiff Co com. * Schulte Real Estatel Preferred 100 Schulte Retail Sts.l New com w i 1 37% Reis (Robt) 6 4X 4 52 * Pierce Governor Pierce Oil 125 5^ 35 33 99 25 Preferred. Reichsbank Shs. share Savannah Sugar 1 Savoy Oil 5 Schenley Distillers.5 5X% pref 100 24^ * Mills Ltd 25 20 100 Phillip-Jones Corp.* 7% preferred. 100 Phillips Packing * Phillips Petrol * Phoenix Hosiery 5 7% preferred.. 100 Pick (Albert) com.l Pierce Butler Rad_5 96 22% 5 Vs * * 6X% pref 100 Regal Shoe pref.100 Regent Knitting 79 70 90 50 Reed Roller Bit "6~" 3^ Record com Phila 67 3% Reeves (Daniel) 32 3X 6% iH 2tH 3% Per Par 23 Units 6% 78 Oil Preferred 36 X ~5X ir Reed Drug com * Reed Prentice com.* 3% 7X 9% 31 . 22 X 2 Pet Milk Preferred 30X * Red Ban 2 Ogilive Flour Mills.* Preferred 100 2% 6 Vs 40 M . Petrol Northrop Aircraft 1 * 39 Engine Reda Pump Ask Bid Stocks Per share Rearwin Aircraft & Pervel Corp Peter Paul Candy. share n North German Lloyd Amer shares , New over-stpd Ask Bid Stocks 23% 1% 43% 44 36 36% 56 56% 9% 65% 9% Spicer Mfg Co * $3 conv pref A * Spiegel Inc com—2 $4.50 conv pref..* Sport Products 7 6% 1% 9 65 8% 2% Springfield Ice & F.5 38 Square DCo —1 45 Squibb (E R) & Son* $6 preferred * t 112% 112 $5 pref ser A * 7 38% 47 113% 113 ""29 100 * div. J Called May 1 at 103. a Called July 1 at 111%. price, t New stock, x Ex-dividend. d Called July 1 at 111%. MAY, 1940] INDUSTRIAL & MISCELLANEOUS 91 STOCKS Quotation* for all securities are as near as possible for the closing day of the month preceding the date of Issue Stocks Bid Par Stahl-Meyer Staley Mfg Oo 7 % preferred. $5 preferred Thermoid Co $3 conv pref .1 46 Thew Shovel.. 5 1** 13* _ 21 109 111 T hompson Au to Arm 1 _♦ _ 20 100 102 73* 105** 3* 7?* 107** ** 12.3* 203* Thompson (J R)__25 Thompson Prod * $5 conv prior pf_* Tliompson-Starrett * $3V* preferred...* Tide W Assn Oil.. 10 4**% conv pref.* Tilo Hoofing com.. 1 $1.40 conv pref.20 $4.50 cum pref..* Standard Brewing..* Stand Gap & Seal._l Conv preferred.10 11 19** Standard Coated Products com. 10c Preferred Stand Commercial Tobacco 3 2** 6** 5 7 Time inc com—__* 1 com Timken-Pet Axle. 10 Roll Bear.* 1 3* Tim ken Dredging Common $1.60 1 . Stand Oil of N J--25 Stand Oil (Ohio)..25 29 22** 27% 43** 20** 42** _ 12** 27 Stand Fruit & S S.10 Preferred * Stand Oil (Cal) ♦ Stand Oil (Ind) 25 Stand Oil (Kan).. 10 Stand Oil (Ky)__.10 223* 273* 37 6% preferred..100 Standard Products. 1 Standard Screw. .20 110 Preferred A Stand Silica com 45 1 - 33* Stand Steel Spring. 5 Stand Tube cl B 1 Standard 43 - - 37 13* Stein (A)& Co com * Bros com..* 6% 1st pref 5% 2d pref 20 Sterling Aluminum Products com 1 7A 583* 1 Sterling Products. 10 Stern Bros common 1 143* pref Stone & 3 t - Webster..* 80c div 1** 23* Series A pref * B pref * Underw Ell Fisher.* 28 4** 20 73* 18 - 93* 73 3** 4** 12 13 1.25 preferred..* Studebaker Corp__l 10** Submarine Signal.25 28 30 ..1 conv „ 10** 60** 123** 12** 1 Mills class A Class B 63** 124 13 16 M 23* 3* 30 7 6 16 18 6** 4 ...1 7** 1 ** Taylorcraft Aviat'n 1 Taylor & Fenn_.100 Taylor (K) Dist 1 Taylor-Wharton Iron & Steel com. * United Aircraft 5 Un Aircraft Prod__l 33* 95 1 T* 73* 83* 20** 10** 6** bAe 3* ** 38** 2** Tennessee 6 6** 2** 5 * 2** Warehouse Corp50 58 60 Term & Trans com. 1 Preferred * Term Warehouse 100 2 3 5 "s" 46 J* 4 35 A * Class B ♦ United Drug 5 United Dyewood.10 8 Thatcher Mfg * pref..* 12 45 Texon Oil & Land..2 48** 5** 23* 4 85 37 7 13* 563* 3*6 5** 23* United Wall Paper_2 6% prior pref. 100 Universal Cooler— ♦ 20 100 U S Hoff Machlne.5 5** % conv Df._50 U S Holding * U S Ind Alcohol...* U S Leather com..* 7% cum pr pf_100 Part conv& cl A.* k Last sale, n Nominal, r _* 17** 1 13* 23** Oil com Westinghouse Air Westinghouse Elec 6 Mfg com 50 7% 1st part pf_50 Westmoreland Coal * Westmoreland Inc.l Westland Oil * Weston E Insfcrul2** Westvaco Chlorine. * Wheel Steel 102 213* 33* conv $4 conv pref * Prior pref 20 White (SS) Dental 20 White Rk Min Spgs- Common 112** !31K 10** 3** 31 38 373* 7 35** 30** 96** 663* 12?* 63* 49 23 103* 823* 833* 4 6 Whitman(Wm)pfl00 98 13* 3*6 173* 8** 13* 23* 38 19?* Whlttaker Paper— 7 % preferred.. 100 Wichita River Oil .10 Wickwire Spencer Steel common * Common 32 33 Preferred 3 88 90 6 8 1.65 8 Preferred 10 Utah Radio Prod-.l Vacuum Concrete. 1 Vadsco Sales Corp.* 7% 1 nref. .100 cum Wilbur Valley Mould & Iron 153* 15** 18** 26** 273* 19 Valley Osage Oil...* Valspar com I $4 conv pref 5 66 68 263* 27 1 ** 25** 8% preferred..100 Vanadium Corp * 13* 26** Valvoline Oil comlOO 10** 49** 9 49 1 163* 111** 65 173* 15** 62 30 104"" 64 113 18 Vega Airplane 16** 65** Venezuelan 11** % Synd 4** 65** 12** 1 25c 15c 2 ik 26** 73* 4** 6** 4** 33* 3* Sugar common..5 Vicana Sugar v t c.3 Vick Chemical Victoria 5 Va-Oar Chemical. .* 6% part pref. .100 Va Coal & Iron 100 5 28** 3V8 28** 5% preferred-.100 Vogt Mfg * Vu can Corp * $3 uref 11 77** Waco Aircraft 65 3* 27 1 8** * 100 WalkerjH) Good'm 30 & Worts com 10 ** 83* 42 9** 44 101** 13* 63* 8** 63* 8134 178 180 5** 31** 6H 26** 63* 71** 113* 23* 6** 9** 7** $3 82 53* 34 cum 3 * * Canadian price. 46 2** 8 13* 5 3 1st pref.* pref 73* 13* 23?* 33* 433* 13* 73* 13* * Preferred cum. 2 8** WJR * The Station 5 6** * Warr-n Fdy & Pipe * Warren (Northam) . * 7 8** 29 4 6** 634 5% 31 4 26** 48 118 40** 10** 2 45 Worthington Pump & Mach 7 % pref A * 22** 100 70 6% pref B 100 4** % conv prior preferred 100 4**% series prior 62 preferred 100 Wright Aeronaut'1.* Wrigley (Wm) Jr..* Wuriitzer (R) comlO 50 393* 120 92 11** 100 104 * 72 Wyman Gordon Yale & Towne 25 Truck 223* & Mfg cl B..1 7% preferred..100 York Ice Mach * 7 % Preferred. 100 Young (J S) Co..100 . Preferred 100 173* 1183* 3?* 26** 90 129 Young (L A) Spring & Wire * Youngstown 12 123* Steel 5 53* 6 Door common.._* 21?* 22 Car common Youngstown Steel Youngstown Sheet & Tube 43 43** 913* 94 1 12 15 * 153* 33* 15** 3** 45** 18** 19 22 223* 4?* Young (Thomas) Nurseries com Zenith Radio 24** Zonite Products 1 conv pref ♦ 1 Webster Elsenlohr.* 4** Welch G'pe Juice 2** Preferred 100 t New stock, x . 82 7% preferred..100 113* 30 Woolworth Ltd— Wayne Pump 75 - 33* 153* 13 Prior pref units 44 $3 27 33* 13** . Newspaper M achinery pref. Waukesha Motor. .5 6 115 Goodwill Wolverine Portland Cement com... 10 Wolverine Tube 2 Wood (Alan) Steel.* 7 % preferred 100 Woodley Petrol l Yellow 1** 22** * Warren Bros 5?* ■7 * com Warner Co $1 12 73* Wilson-Jones Coach * pf conv 25 5** 5** 7% preferred.. 100 $3.85 90 Preferred 22 Warner Bros. PIct._5 103 30** 14?* 70 * Com class A Com class B 98** 5 7% prior pref. 100 6% preferred ..100 6 23 303* 14** * Preferred * Waltham Watch cl B 63* 13* 53* 1** 7** 1** 7** 223* 97** * w w 29 5 Waitt&Bond Inc A * 4>* % pref 1** 7 1 Preference Worcester Salt..100 28** 1** Wagner Electric.. 15 Waldorf System * Walgreen Co com..* 1 93* 3 11 Am dep rects ord. 75 100 Class B 16"?* 10** 5** 7** * Wahl Co 3* 3 83* 2% 13* 63* 3.3* 53* 63* 100 92** 73 2 110 Willson Products.. 1 Wilsonite Products 1 Woodward Iron.. 10 Woodw'd & Loth'plO Preferred 100 Woolw'th (F W)_10 87 60 _ 5 ■ 68 40 134 6 13* 4 3* 63* 86 Preferred 42 DetinnlnglOO c 6** 15c 233* * 38 7 % preferred..100 Vultee Aircraft 1 t "53* * 35 11 v 53* 53* * Wilson & Co.. $6 preferred Wilson Line * Preferred 106 33* 6** 63* 68** 25** 113* 1 ** 27 Wagner Bak - - Wood 103* 4** 63* Oil-O-Mat--.* 14** 123* 2** 26 43* 5 * _ 4** % nref. Vulcan Gas. . Va Iron O & C..100 8 463* ** ** 23* 28** 3** 27** 100 - 4 Oil Witherbee Sher pf. 50 45 5 Gypsum..* Preferred. Victor Chemical F) Winsted Hosiery 100 Winters & C'mpton 1 Vert-i entes-Camag'y 62 7** 34 63 Venezuela 6 (H Wm 37 Veeder Root Inc...* 1** Preferred 100 Willcox & Gibbs__50 Williams (R C) * Willys-Overland 1 6% conv pref.. 10 1163* 34 Petrol. 1 * 11 62** 27** 33** 116** 102 653* Will & Baumer 64** 283* 10 * 100 Preferred 20 6** 33* 63* 43* Camp Milk 373* «• 3 Suchard Chocolate com 50c Preferred $50 Wilcox Gay Corp Wilcox 37** 7% 1st pref 100 Vaoor Car Heating 17 9 83* * 1.80 36 22** 110 J No par value, Tablet & pref. .30 Weyenberg Shoe 1 Weyerhaeuser Timb* 693* 157** 113* 100** 20** 2** 6% preferred 10 Ward Baking Corp— 5 common. Stationery * Wes'gate Greenland 6 66 Utah-Idaho Sugar Walworth Oo 1 58 112 77 733* Freight Graphite U S Gypsum r r 7% first pref .100 Whitlock Mfg Co 25 45 US Foil B Union Western 5% 8% 1st pref...100 6 U S .100 Newspaper Universal Prod * Upson Oo com. 12** Preferred 100 44 U S Western Groc Ltd.* Western 53* 23* Universal-Cyclops 25 * 90 4** 13* 53* * 25 Finishing 6 2** 85 Class B * Universal Corp vtc.l Universal Consol Specialties. 1 U S Cold Storage..* U 8 Distributing 5 7% conv pref. 100 U S Envelope 100 100 2?* 7** 13* 63 3* 3* 23* 1 ** 1** 1 ** 73** United West Grocer Co. .20 6** 3* ** 1 ** 399* 50 63* Liquidating ctfs.. 23* 32** 6** * 9 40 Preferred 10 United Screw & Bolt Class A .* Class B_ * Un Shipyards B 1 ..1 102 1 154 173* % A Dairies Dreferred $3 Universal Pictures .1 17?-* 25c Sharing... Western 11 82 100 Western Cartridge Co Preferred 100 White Motor 1 White Sew Mach__l 21 38?* 10 13 43* 33** Preferred United Profit Common. 16 8** 7 _ Brake common..* 13 Conv preferred..* United Stores A 5 $6 conv pref * Common __50c. United Stove 1 Oil 24 102 Preferred. 100 Western Air Expr. 1 West Auto Supply- 123* 81** Unit Paperboard. l0 Preferred 100 Unit Piece Dye com* 463* 13** * 15** 33 _ 38 463* 9 83* 13* W Va Coal & Coke. * West Va Pulp Pap.* Preferred ** 53* 53* 53* * Foundry 12 253* 72** * 10 Un Eng & Fdy _ 124 4 Corp Preferred * U S Tobacco * 7 % non-cum pf.25 U S Truck Lines. .1 United 'Stockyards— pref conv Steel Corp 1 Univ Leaf Tob * 8 % preferred. .100 103* 33* 7** 60 _ 93* 603* 703* 603* 593* 693* 603* 1233* We 7 % preferred._ 100 U S Stores 50c Conv partic A 25 8 $4 6% 13* 32** 1023* 43* 23 A* Preferred * OH & Snow¬ drift com * Corp _* 6% Preferred.. 100 $5 conv prior pf. * 7% preferred ..100 United Elastic * United Electric Coal Cos com 5 7%_preferred 5** 2% 11% 1 * 25 Preferred A * U SSm Ref & Min50 7 % preferred 50 U S Steel Corp 58 Chemical. _* $3 part pref * 12 102 Preferred. Un Artist Theatre.* Preferred 100 United Biscuit * U S 20** U S Rubb Reel Van pref. 100 United Carbon * United-Oarr Fast..* 23* 32** .10 8% n-culst pf_100 $4 preferred * Van Nor Mach Tool 5 Van Raalte Co 5 Preferred 46** 33* 34** 7M Texas Corporation 25 Texas Gulf Prod * Texas Gulf Sulph..* Tex Pac Coal & Oil 10 Texas Pacific Land U S Rubber 15 conv 13 1 _ West Indies Sugar. 1 West Michigan Steel 238 11 21** 13* Preferred 153* 50 14 J* Un Shoe Mach 63* 15 5 * 3 10 13* 113* Realty & Imp. ♦ 6% preferred U S h/L Z8 36 2 21 Class 4** Trust efts 5** Lines Amer dep rcts._£l 32 3** * Tennessee Prod Terminal Ref & 4** 73* 8** 3/ Z8 50 5 Air 293* 24 Telaut'g'ph Corp..5 conv Stores com ] Conv preferred. 15 Un St Yds Omaha 100 Union Tank car * Union Wire Rope..* $3 part pref * United Molasses Ltd 30 67 common .5 Tampax Inc 1 Tappan Stove 5 Tastyeast Inc cl A_1 Taylor-Colquitt Co 5 $3.60 Mfg 25 Union Oil of Calif.25 Union Premier Food 4** 243* 5*8 18** 3* * Corp 2 Union 5 United Fruit.. * United Merchants & Mfrs v t c .1 United Milk Prod..* 8*8 6** 5** 40** 68** 6** 183* ** 6?* 53* 38** 1 Inc * Bleachery 100 Class Symington Gould— Technicolor Union _ 293* 22** Talon Inc 1.20 1 ** 24** 2** 36** 2** 3* ..1 2** 4 1 Stores com..._ 10c $5 preferred ___..* United Drill & Tool- dep ctfs of bear shs Sylvania Industrial * $2.50 pref Mfg. .10 common 6% pref A 23* ** 13* Wesson 35 35 ♦ Common 18 24 J* m 8** 23* 373* 6% oreferred.. 100 United Clgar-Whalen Business w w 7** 2** 353* 22 29 15 x w 1** United Cigar Stores- 16** 1 19** 13* 33* 283* Conv 1st pref.._ 13* 403* Machine 1 Swift & Co 25 Swift Internat Ltd— Common Common 19 Wellington Oil 1 Wells Fargo & Co. 1 Wentworth Mfg.l** U S Radiator U S Sugar 4** Bag & Paper Corp 7% 11 1 Taggart Corp. 4 33 United 35** Preferred .25 Sweets Co of Am. 50 Sweets Steel 1 Swift 12 30 Sutherland Paper. 10 Swan Kinch Oil 2 13 H 1 *8 2 * com 16 30** 33** 3** 21** Superior Steel 100 Susquehanna Silk 72** 27 40 pf—50 Superheater Co * Superior Oil Corp__l Superior Oil (Cal) 25 Superior Portland Cement A pref..* Class B Unexcelled Transport in * pref..100 cum Series United 33* 83* 10** * com Union Carb & Carb * Strouss 6% Co Union 73* ** 10** Sullivan Macn'y Sun Oil com com.-l * 103* Sunray Drug Sunray Oil Coach 1 13* - Twin Ulen 80 * 13* 1** 5 20th Cent Fox Film Udyiite Corp 6% preferred .100 Stroock (S) & Co..* Hirshberg * 14** 29** 31** 10 78 71 Stromberg Carlson.* Struthers Wells Titus ville com 48 pref. 20 Common ' 14** 25** 169 273* 5** 34?* 383* 273* 343* 1 conv Per share Par 4% 33% 36** U S Postal Meter. .1 1T S Potash * U S Print & Litho— 113*, 1 1 pref * Common. _* $1.50 preferred..* $1.50 Bid Stocks share Plywood Corp— Common 2 1 43* 72 Lamp conv U S Ask Per U S Playing Card. 10 124 1.00 20 100 _ 27 47** 2 Steel Tung-Sol 8** 93* Strawb'ge & Clothier 6% preferred-.100 7 % preferred 100 165 dep rets Truscon 3* 83* 73* 34 8** 73* .25 - 15 - - .5 Stinnes (Hugo)Corp5 Stix Baer & Fuller. 10 Stoke] y Bros 1 Conv Am 39 4 25 _ . 21** 113* 53* 37** 96 _ 27 * Preferred Stewart-Warner U 8 Lines pref ♦ U S Pipe & Fdy..20 95 Truax-Traer Coal. * Prunz Pork Stores.* 783* 133* 133* 33* 1 * 5 34 173* Trojan Oil & Gas of Delaware 1 83* 1 ** 2** 18** 773* $1.50 preferred..* Preferred A Stetson (JB) 3* 7** 1 Par 13* 15** 11** 13** 23** Bid Stocks Triplex Safety Glass Triumph Explos 36 50 Sterling Brewers Sterling, Inc 25 53 Sterchi Ask share Williams 483* 34** • r 37 122 Screen..1 Warrants t C-.l v Transcontinental & West Air Line 5 Trans Lux Daylight Picture 4** 30** 20** 11** 5** 1 20 25 Starrett (L S) Co__* Starrett Corp— Common Corp 46** 333* Stanley Works 8teel Co of Can * Preferred 25 Steel Products Eng 1 100 Transue & Phosphate & Acid 20 Preferred Steel Forging * Transwestern Oil .10 Trico Products _* 13* Wholesale Works Torrington Co * Towne Securities..* 4** 36 * * * Shipyards Tokheim Oil Tank & Pump 5 Toledo Shipbuild..* Transair Per 1 Realty l'rod Expts fob Todd 203* 423* 37** 110** 9** 130 9** Tishman 53* 41 100 Aircraft Timm 2 13* 11** 4** pref.20 conv 10 10 100 Standard Brands..* Standard Bid Par share 36 * 100 com. Preferred Stocks Ask Per Ex-dividend. common 5**% * pref. .100 Ua The custom In reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore furnishing the prices below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance. a certain bond in our list matures from 1940 to 1951 and is quoted 0.50 to 3.00%—this would indicate that the earliest maturity yields 0.50% and the percentage basis. If latter maturity is yielding 3 -00%. Therefore, in the following list. It must be remembered the word to indicates that the figures shown are the yield basis; all other figures are bid and Mked prices. Quotations for all securities are as near as possible for the closing day of the month m Ask Bid 3 Ha June 15 1943-1947 J&D 109.11 3 Ms Aug 1 1941 F&A 104.13 3 Ms Oct 15 1943-1945.A&O 109.23 3 Ms Apr 15 1944-1946. A&O 110.16 4s refunding 3 Ms refunding 1955-1965.J&J 6 2.60 103 State Bridge Corp 4s 1940-1951 114.27 115.3 Bridge Auth. 4s July 1 104.16 109.25 110.18 151958-1963 J&D 107.7 107.9 109.5 2Mb Sept 15 1948 M&S 108.20 108.23 2Mb Dec 15 1949-1953 J&D 106.14 106.16 104.15 102.23 101.1 102.5 102.7 100 Federal Land Bank — Farm Loan 3s July 1 '55 opt *45—.J&J 106M 3s Jan 1 '56 opt *46—-J&J 107 3a May 1'56 opt *46—M&N 107 3MsMay 1'55 opt'45 4s July 1 *46 opt '44 M M&N 108M 6 3.50 6 1.00 101.22 6 2.00 to 3.90 Ref 4Mb 1948-1977.F&A b 2.30 to 3 30 % 103 M 104 M Ref 3Ms 1978-1987.F&A Ref 4s 1946-1986 F&A b 2.10 to 3.30 Oakland 5Ms 1940-1943-F&A 0.20 to 0.60 100 4Mb Mun Imp *40-'43.F&A 4Mb 1940-1965 —F&A Oakland 8 D 4s 1940-44--J&J Orange Co 5s 1941-1945_M&S 0.20 to 0 60 0.20 to 2.60 to 3.50 2Ms 1952-1953 J2&T2 to 3.75 2s 1954-1958 6 1.50 to 1.25 to 3.60 6 3.50 6 3.40 3.00 3.00 3.00 _ 1 - 107M 107 M 108M 112M to 0.40 to 0.75 0.50 to 2.40 Riversid- 5s 0.50 0.50 to 2.60 3.40 1941-1953—J&D Riverside Co 5s '41-'54_-M&N 3.40 Sacramento 4s Jan 1941-1945 0.20 to 1.00 3s 1910-1968 J&J Sacram'to Co 4 Ms *40-'46 J&D San Diego 5s W W '43-'54A&0 0.20 to 2.50 0.20 to 1.25 1.00 to 2.60 3.30 39 less to 3.10 1 101 1 Attorney Gen opt 1944 97 M 99 M 99 V8 102 4 Ms Fund 1941-1950-M&N 104 4s Water Rev 1941-76.F&A 6 3.25 Little Rock S D 4s '41-'55 M&S 6 3.00 4Mb gold Aug 1943 CANADA—See 2.25 % 3.20 less 3.50 less 3 Ms Sept 15 1946 5s Dec 15 '55-'45 5s June 15 1955 108 106 101 117 128 132 — 110 112M 1.50 3 Ms Jan 1 118 M 1.50 132 M 2.40 J&D Philippine Government— 4s reg Dec 1 '46-'26.MJSD 4Ms July 1 & 15 1952... J&J 4 Ms Oct 1 1959 _A&0 4Ms July 1957 J&J 5s Feb 1 1952 f&A 5 Ms Aug 1 1941 F&A Puerto Rico (Govt of)— 2 Ms Jan 1 1946 J&J 4s reg Jan 1 1944 J&J 4s reg Jan 1 I960. J&J 4 Ms Jan 1 '51-'4l J&J 4 Ms July 1 1947 J&J 4Ms 7-1-56-59 1-1-56..J&J 5s July 1 44-'43 J&J 5s July 1 1972 ...J&J 128 100 101M 3.20 111 113 115M 3.40 113 115 3.35 114 116 3.35 105 106 M 0.50 102 107 104 101M 114 119 109 129 * Tax-free in Connecticut. 2.60 0.75 2.40 2.60 2.60 1.00 1.00 3.20 94. to 2.15 0.50 0.50 J&D 2.20 2.15 0.40 to 1.30 to 1.00 0.40 to 2.40 2.25 0.40 2.20 to 2.40 0.50 to 1.10 to 2.10 1.00 1.90 1.80 1.30 to 2.10 2.00 1.90 M« Mun Water Retire 2.00 1.90 1.20 to 1.85 1.25 to 2.20 1963-1972 opt 1955.A&O 2 Ms Sewer Disp *47-'56A&0 Moffat Tunnel Imp D— to 2 75 3.00 J&J J&J J&J 3.30 3.21 -J&J 3.40 3.20 CONNECTICUT Funding and building bonds— lMs 1940-1943 J&D lMs 1944-1958. J&D Branford (T) 2s 1940-57-J&D 0.10 0.95 to 0.75 0.25 to 2.25 to 2.00 5 Ms 1944-1963 5 Ms 1947-1956. 5 Ms 1964-1973 5s 1974-1983 — to 2.25 % 2.40 to 0.75 to 1.90 J&J 6 0.25 to 1.90 Veterans Welfare— to 1.75 1.75 F&A 0.25 to 2.10 0.25 to 2.15 5s 0.50 0.25 to 2.10 2 Refunding 19 40-48.-J&J Ms Refunding 1940-47 J&J 0.25 Alameda 4s 1940 to 1941. J&D 0.25 to 0.35 to i.75 0.50 4Ms Mun Imp '41-48.A&O 0.25 Bakersfield 5s 1910-1952.A&O 0.50 Berkeley 5s 1942-1951 J&J 035 5s School 1941-1955 J&J East Bay Mun Util Dist— 5s 1941-1974 J&J 6 0.25 92 East Contra Costa IrrigDist6s Golden Gate Bridge & H'way3 Ms series C 1942-1971 .J&J 6 0.50 to 1.75 J15&D15 5Ms 1940-1957—-J&D Cornwall 2s 1940-1956 —A&O 0.25 0.50 to 2.25 0.25 to 2.00 3s Feb 1941-1952 108 M 1.60 117Mi2.85 102 M 10.50 115M 2.10 Imperial Irrigation District— 122 M 2.75 Refunding 6s 1983 J&J Refunding 5s 1983 110M1.50 134M 3.25 Los Angeles (City)— 2.50 % to 2.70 % 2.30 % 2.50 % 2.50 % to 2.10 % Bridgeport— 1 Ms 1940-1948 Bristol to 2.20 to 2.10 to 2.30 to 2.75 to 2.90 62 64 58 60 % Danbury— 3 Ms Fund 1941 tax'le.A&O Darien lMs 1940-1958—A&O East Hartford (Town)— 4 Ms School 1940-59—M&N 2s 1941-1965 F&A 1 Ms 1910-1945 F&A Fairfield (County)— 1 Ms 1910 to 1950 J&D lMs 1941-1949.—A15&015 Greenwich 3s to 1.75 0.60 0.50 0.25 to 2.00 0.25 to 2.25 0.25 to 2.25 0.25 to 1.25 0.25 to 1.50 0.15 to 1.40 1910-1944.-F&A 0.15 to 1.20 6 0.50 to 3.05 lMs 1910-1947 -F&A 0.15 to 1.50 2Mb WatWks 1956-76 M&N 6 2.50 3 Mb Water wks 1952-1975. 6 2.50 to 2.75 Hartford— 1 Ms 1941-1,954 M&S 0.15 to 1.50 4s ALABAMA 3Msrenewal class O 1956. J&J b 4Msharborimpt Jund 1 *40-73 b 4Mb highways 1952 .M&S b 4Ms 1956 and 1959 M&S 5 4m renewal July 1.1956 'b 4M» 1942, 1946. 1Q49...M&S& page % 2.30 % 2Ms Feb 1 1941-1954.F&A 2Mb Feb 1 1941-1954.F&A 113 M 114 1941-1949 I 2.85 to J&D 3 Bridge Authority— 108 % 103 M L00 4s 1941-1964 M&N 6 0.25 to 3.00 % 103 0.70 0.25 to 2.60 % 103 2.00 4Ms Univ Bldg Jan5'41-65J&J 0.15 to 1.90 % 110 1.75 4 Ms Highway 1940-48.J&J30 0.25 to 1.80 % F&A 106 M 0.65 4Ms 1941-1947 0.15 to 2.70 % 4 Ms Olympiad 1940-71..J&J2 101M 0.35 117 to 2.90 0.25 4Mb Ref Wat 1940-07.J&D 4Ms Water 1962-1965.J&D S D No 1 4Mb 1941-53.J&J 4s July 1941-1945 J&J 3.65% March 1, 1950-1954. 2 Ms Sew dist 1947-56.A&O 3s 1963-1972 opt 1955.A&0 CALIFORNIA J&D to 2.00 2s Highway ref, 1910-'47_J&D Colorado Springs— San Fran-Oak 4s 1976.M&N M&S % to 2.90 2Mb warrants 1952-'54 1 0.25 F&A 118M 1.50 4 Ms 1941-1952 130M 2.25 4s Harb Imp 1985 opt *50.J&J J&J2 6 0.25 136M 2.30 5s Jan 2 1941-1943 4s Jan 2 1944-1948 J&J2 6 1.00 I to 2.75 F&A 2Mb State H'way '40-'54_J&D TERRITORIAL AND 101M 101M 100M I to 2 90 3s warrants 1910-1951 1 5Ms 1955-1965 I COLORADO less 4s 1958-1960 Calif Toll to 2 75 to 1.00 Turlock Irrig Dist 6s less 4s 1944- Yield. to 2.80 4Ms 1967-1977 J&J b 2.85 Spring Val 4Ms '67-'69.J&J San Joaquin Co 5s '40 '49.J&J b 0.20 St Francis Levee Dist— 102.27 102.31 to 2.90 Ref lMs 1941-1943-.M&S 5 0.40 Denver (City and County)— 1.10 4Mb Water 1944 J&J 101 100 M —Jan. 3s Rose. Hemingway opt 1944 Hot Springs 4Ms '40-'50-M&S 101.26 2.60 Santa Barbara 5s 1941—JanlO ...... I Hetch Hetchy— 102M 102 M 102 M 102 M 102 M 101M 101M 100 M 97 H 100M 100M 101M 101 M 101M 101M 101M 3s 1949 3s to 0.50 4s less 1 less 1 less 1 i> 2.25 ~2~. 35 Wat Distrib '40-'63.J&D b 0.50 2s 1941-1949 J&J b 0.40 1 to 3.25 less J2&J2 0.50 4Mb Water 1941-1964 0.50 3 Ms g July 1 1941-1944-J&J San Francisco (City & County) 5s Water 1941-1969 J&J 6 0.40 4Mb Water *57 *58. '59-J&J b 2.70 4Mb Water 1940-1977—J&J b 0.40 to 2.75 J&J 6 3-00 .lesslM J&J 6 0.75 I to 2.85 5s 1961-1967 5s 1968-1977 4M-4s.. 4M~4s 4M-4s to 1.15 to 2.00 J&J 6 0.75 1946 5s 1943-1948 5s 1949-1953 5s 1954-1960 107 M % 0.50 1.00 ARKANSAS 100.2 ~/o 2.25" 100.17 Bonds to 0 .85 to 1.50 J2&J2 Pasadena 4s 1941-1942...J&J Redlands 5s 1941-1951-J&J15 3.00 37 5s W W 1941-1950 Phoenix Un H S D 4Mb 1948 6 2.50 Prescott 5s 1948 J&J 6 3.00 Tucson 5s Water 1950 J&J 6 2.75 102.10 0.25 0.50 5s School 1941-1966—-F&A . % Flood Control District— Little Rock— INSULAR Hawaii (Territory)— Sept 1 1944 M&S 2.10s July 20 1942 J&J 2Ms July 10 1954—i.X.J&J 3s Dec 1 1948—J—J&D 4 Ms May 15 1942 M&N 4Ms Sept 15 '50-'40—M&S 4 Ms Oct 15 '56-'46 A&O 4Ms Nov 15 1956 M&N 4Ms Nov 15 1958 M&N Honolulu (City & County)— J°20 Modesto Irrig Dist 6s 101 99 M 98 6 2.00 6 2.50 6s Jan to 3 -00 Colorado River Waterworks to 3.25 J2&T2 4Mb 1941-1956— 100.29 100.31 101.3 101.1 101.3 101.1 101.16 101.18 M% Jan 15 1942 Is July 1 1942 8 Housing Authority— 1H % notes Feb 1 1944 to 2.40 3.40 School No. 1 5s 1945—J&J 6 2.25 6 2.00 Co Ct H'se 4s 1940-48 J&D 6 2.00 Phoenix 4 Ha '50 opt *30-J&J 6 2.75 2% notes May 16 '43 opt '40 101.24 101.30 M% notes July 20 1941 M% Nov 1 1941 to 3 00 0.75 5s 1941-1943 2s 1944-1951 Highway 6s Jan 15 serially — 1 % % Jan 3 1944 opt 40 Reconstruction Finance Corp to 3.10 0.75 050 Metropolitan Water District to 3.60 Maricopa County— J&J 112 Commodity Credit Corp— H% Aug 1 1941 100.16 100.18 1% Nov 15 1941 101.7 101.5 Federal Natl Mtge Assn— U 6 2.00 ARIZONA 100.14 0.50 1940-1964 1940-1961 5s 4s 100.22 100.24 Ms May 15 1941 Hs May 15 1940 F&A J&D 3 Ms Jan 1 1941-1960 Los Ang Co 4Mb '41-'49„F&A to 3.00 Tuscumbia refunding 1 %to4 % 108.12 108.16 _J&.T 104.24 104.28 M&N 108.6 108.8 2 Ms 1942-1947 M&S 104.17 104.21 Federal Home Loan Banks— 2s Dec 1 1940 101.5 101.1 2s Apr 1 1943 102.28 103 Home Owners' Loan Corp— 3s ser A 1944-1952.... M&N 107.30 108 2Msser G 1942-1944...J&J 104.13 104.16 101 to 3.20 6 1.25 :::::::::::::::::::: 3s 1942-1947 3s 1944-1949 100 0.50 J&J 4s_ Federal Farm Mtge Corp— 3 Ms 1944-1964 .M&S 1 Ms sorM 1945-1947. _J&D 102.9 A&O 3s 1943-1949 Los Angeles City High Sch Dis 5 Ms Nov 1940-1960--M&N to 3.10 102.4 100.31 to 3 40 of Southern California— 102.29 102.2 B Jan 15 3 Ms 1948-1958 2s 1940-1942. to 3-40 105 M '77 J&J 104 M J&D b 2.40 to 2.90 100 A&O 6 3.50 104.24 102.27 — to 105 to 3.00 J&D A 1941-1977-J&J 6 3.10 Tuscaloosa (City)—5Ms serial 6 2.00 103.11 102.21 to 3-00 b 1.00 1.50 3 Ms ser 3 Ms ser 2 Ms 1941-1952 Tuscaloosa— 102.2 104.13 3M 1940-54 to 2.90 5s W W 1940-1957 J&J 6s ref pub impt '40-'53 M&N Tuscaloosa Co 6s Bridge 1941 5s Road 1957 ___M&S 101.27 104.22 to 2.25 1.00 to 6 3.10 6s Road 1951 —J&J 6 3.10 Morgan Co 5s road 1952-F&A 6 3.10 Selma (Citv) 5s-6s 1940-1955- 6 1.00 101.19 103.9 to 99 b 0.75 Montgomery— 5s funding 1941-1960-J&J 4Mb Sanitary Sewer Jan 1*44 Montgomery Co 4M« 1957-59 101.26 101.28 102.4 /o Dec 15 1941 % Mar 15 1942 .j Sept 15 1942 1M% Dec 15 1942 1M% June 151943 1M% Dec 15 1943... 1% Mar 15 1944 4 % June 15 1944 1% Sept 15 1944 M% March 15 1945 1.25 2.25 99 1 1940-1948 5s School May 1 1945 4Mb 1910-1938 —J&D Gen fund 4 Ms 1941-66 J&D Dec 15 1947 .J&D 105.18 105.21 2s Dec 15 1948-1950—J&D 104.11 104.14 3b Panama Canal 1961—Q-M 123 3b Conversions 1946Q-J 112 3s Conversions 1947 Q-J 112M U 8 Treasury Notes— 101.25 to 2 95 to 2.80 4 Ms June 2s % Mar 15 1941 June 15 1941 to 3 20 0.75 1.00 1.80 Mobile Co— 2Mb Sept. 15 1950-52.M&S 106.15 106.17 2Mb Dec 15 1951-1953.J&D 104.10 104.13 •/o to 3.05 0.50 Electric Plant Revenue— Ref 4s 1940 to 1975-J&D b 0.75 3 Ms 1940-1977 J&D b 0.75 to 3.40 1.00 to 3.15 1941-1961 ..A&O 1.00 to 3.15 4Mb 1941-1960 A&O 1.50 to 1.00 5s sewers Sept 20 1941 M&S 44 42 Florence refunding 1% to4%_ 6 3.80 3.70 Gadsden 6% impt long mat Jefferson County— 4 Ms Ct House 1940-43 M&N 6 1.00 to 2.00 4Mb Ref 1941-1961—-A&O 6 1.00 to 3.15 Mobile City— 88 86 Refunding2-5s Jan. 1 1966- 107.10 100.5 101.17 104 107 M 4s Mb Dec 15 1960-1965 J&D 107.7 2Mb Dec 15 1945 J&D 109.2 June 15 1940— Dec 15 1940 0.50 5s Municipal 1940-61--F&A 5Ms Harb Imp *40-'61 M&N 3 Mb Sch Dist 1941-61 __ J&.1 Water Wks Refunding Rev 3 M" 1943-1947—J&D.. 2 Ms 1947 1959 J&D b to 2.65 to 3.75 A&O 3s 1944-1959 A&O 3 Mb impt ref 1940-50—J&J 3 Ms Imp ref 1942-1958 A&O Sept 15 1956-1959 M&S 107.16 107.19 Net LosAngeles (City) Concluded— 2.00 to 2.50 106M Ask Birmingham— 2 Ms 1941-1952 109.13 111.30 112.1 112.22 112.25 111.11 111.8 111.10 111.13 108.19 108.22 2 Ms Sept 15 1945-1947 M&S 109.20 109.22 2Mb Mar 15 1948-1951 M&S 109.3 109.6 fa June 15 1951-1954 J&D 108.10 108.13 s 1957— Bid Anniston— 5s schools 1940-1947 J&J 6 1.50 6 2.00 Bessemer—New ref 4%—— 101.12 103.16 3 Ms June 15 1946-1949 J&D 3 Ms Dec 15 1949-1952 J&D 3s June 15 1946-1948. -J&D 3s Sept 15 1951-1955..M&S 2 Ms Mar 15 1955-1960 M&S la June 1949-51 _M&R b 2.10 1941-1954-—J&J 6 0.75 4s pub highway UNITED STATES—See also pa ge 19. Bonds— 4^s Oct 15 1947-1952. A&O 120.25 120.29 To or Bonds Net Ask Bid Bonds Net Treasury 4s Dec 15 1944-1954..-J&D 114.24 3 Ms Mar 15 1946-1956 M&S 114.31 3 Ha June 15 1940-1943 J&D 1101.10 3 Ms Mar 15 1941-1943 M&S 103.14 Yield Basis To or To or Bonds preceding the date of issue Yield Basis Yield Basis 1940-1962 3 M< 4Mb 4Mb 4MB 4Ms to 3.05 1 1940-l959-M&Sj5 .15% M&N. b 0.15 M&S 5 0.15 Ms Bridge 1954-1955-J&D 6 0.50 to 0.75 lMs Sept Water 1940-1970-A&0 6 0.50 Sch 1940-1944—J&D 6 0.50 1940-1968 J&J 6 0.50 1941-1969 M&S 6 0.75 to 3.10 to 1.50 1 Ms 1940-1953. 2s 1940-1959 to 3.05 3 to 4s Water 1940-1941.A&O t Called May 1 at 102M • b Basis. / Flat price. 3.10 n Nominal. to 1.50 % to 1.75 L to 1.50 % _ Water 1940-1949—-J&D b 0.25 % to 98 May, 1940] STATE A_ND Quotations for all securities are as near Yield Basis Bonds 2 00 *3 *s South Sept 1955.M&S 1.75 „ b 0.20 to 2.50 6 0.25 to 1.10 6 0.15 to 1.00 to 1.50 Akershus (Deptof) 4s Anhalt 7s to 1946 to 1.75 to 6 0.40 1.75 to 1.65 6 0.40 to 1.50 4Mb Water ref 1950 F&A 2s J&D 6 0.50 J&J 6 0.50 to 2.50 New London— to 2.00 Norwalk 0.50 0.50 to 2.50 to 2.50 1.50 to 2.50 0.50 to 2.25 0.25 1.00 to 2.25 0.75 0.50 to 2.75 6 0.50 to 2 .25 2s P I Fund 1941-1959. J&J 6 0.50 2s 1941-1954 M&S 6 0.75 to 2.25 J2&J2 Ridgefield (High School)— l*s 1941-1963 J15&J M&N 2*s 1940-1961 M&N 8tamford (Town)— ♦4*8 Sch 1941-1965 M&N 1 *s 1941-1950 A&O Suffleld l*s 1940-1959.. J&J Torrington 2*s 1941-'57 A&O Waterbury— 6 0.50 to 2.00 to 2.25 Stamford (O) 4s 1942 6 0.50 to 2.25 Extl to 2.25 to 1.75 6 0.25 to 2.00 New Castle Co— ..J&J 6*s 1940-1944 Sussex Co 5s 1941-1970-..J&J .A&O 4*s 1940-1953 Wilmington— 4*s Bldg Con '53-'62 M&S 4*s 1940-1958 (s-a). .A&O 5s 1947-1949. 4s 1942-1948. to 3.00 to 1.25 6 0.25 6 0.50 to 2.30 to 2.30 6 0.25 to 2.20 6 0.50 to 1.25 % % 6 "0.25" to 1.60 6 0.50 to 1.75 % 6 0.50 to 1.75 6 0.25 to 1.75 0.25 1.50 to 1.75 1.80 to 1.90 0.35 1.50 to 2.00 to 1.50 to 1.90 6 0.25 to 1.15 6 0.25 6 0.25 to 2:75 to 2.50 6 1.80 to 2.25 6 0.30 to 2.10 to 1.50 to 1.60 Coral Gables— New refunding 2 *-5s 1977. 77 Dade Co 5s Oct 1947-54.A&0 6 3.85 Special Tax Sch Dist No. 2 Ref 4s 1956-1967..-M&N 101 Ref 3 *s 1940-1947.— M&S 100 Duval Co Road 5s 1955--A&O 6 3.15 Duval Co School District No. 1 5s 1940-1955— A&O 6 1.00 Escambia Co 6s Aug 15 1951. 100 Gainesville 5*s July 1940 6 2.00 5*s July 1941-1975 6 2.00 Hillsborough Co 5s Oct 1 1943 103 Hillsborough 8ch Dist No 4. 109 Jacksonville— 1941-45—J&J 15 6 1.00 5*s Jan 15 194M5.J&J 15 6 1.00 Refunding 2.60s Jan 1 1957 102 15 refunding 80 Water & Light 5 kb 1940-60 6 2.00 Leon County 5« July 1 1940 6 2.00 6s July 1 1941-55. 6 2.00 Marion Co Road 6s Feb 1 *52. Road bonds 5s July 11952.. 119 1.00 Ref 3-4 *-6s Jan 1 1964 112 to 2.25 to 2.25 105 Refunding 4s 1941-62.F&A Orange County 5s 1944—J&J to 3.75 Sf 5s 1958 F&A 20-year J&D s f 6s 1950 100 to 3 .60 to 3.50 to M&S 6 3.00 6 2.00 1961 Palm Beach (City of) 5s 104 6 3.00 Pensacola 4*s ref 1941.. &J 6 2.25 J&J 6 3.75 Pinellas Co ref highway 4s 101 Polk County 5s July 1 1940— 6 2.00 St Augustine ref 4s 1967 86 New refunding 3-5s 76 St Johns Co Road 5s 1946 108 Road 5*s 1944 M&S 108 1958 ._ St Petersburg— . Refunding 3-5s Oct 11972 79 Suwanee C® Road 5*s 1946— 6 3.90 Tampa— 5s June 1955 opt '25 J&J 99 6s W W Purch '40-72.F&A 6 2.00 4*s Impt 1947 J&J 107 Ref 4s 1943-1965 M&S 103 West Palm Beach— Refunding 2-5s 65 Connecticut* 3.25 to 3.70 to 3.75 107 2.75 2.00 3.50 103 1.50 88 78 110 81 3.75 % 100 to 3.60 % 109 106 Certificates of deposit Call(Colombia)8 f 7s '47.M&N Callao (Peru) 7*s 1944.-J&J Carlsbad (City) s f 8s '54.J&J 21 28 40 10 7*s 1946.... A&O Certificates of deposit Extl sec 7s 1948 J&D \VA 15 14* 27* 61 77 8 A int ctfs 1938—A&015 Central Bank of Germany— 6s A 1952 F&A 6s series B 1951 A&O Chilean Cons Municipal LoanExtl s fjs 1960 ser A—M&S 7s assented 1960 M&S Chili (Rep) ext 7s 1942.M&N 7% assented 1942 Extl s f 6s I960— A&O 6s assented 1960 Extl s f 6s Feb 1961—.F&A 6s assented Feb 1961 Extl s f 6s Sept. 1961. .M&S 6s assented Sept. 1961 6s assented 1962 Extl b f 6s 1963. M&N 6% assented 1963 Chili Mtge Bk 6*s '57 J&D31 6*s assented 1957 8 f gu 6 kb Jne 30'61. J&D31 6*8 assented 1961— /Flat prlc®. t Last sal®, n Nominal* 17 J!* 14* 16* 100 loo* 99* 60 61 102* 107" 102 5*sPub WkBJune30'45J&D , 80* Cundinamarca Dep (Colombia) Extl s f 6*s 1959 M&N / 11* Certificates of deposit / 10 Czechoslovak Republic— Ext s f 8s 1951 ser A..A&O 13* Ext s f 8s 1952 ser B..A&0 13* Danish Cons Municipal Loan 5*8 1955 M&N 20 5s 1953 F&A 19 Danzig Port & Wat Ways Bd Extl s f 6 *s 1952 J&J / 3 Denmark ext 6s 1942 J&J 23 Ext'l 5*s 1955—_—F&A 22 Trust rets 4*s 1962 A&O 15 21* Dominican Rep 5*s "42.M&8 73 2d Series 1942 73 5*s Cust Adm 1940—A&O 73 2nd ser 5*s 1940—-A&O 70* Customs Administrations— 5*s of '22 ext 1961 71 81* 12* 30 65 10 26 24 22* 75 75 75 73 _ 2d series 1961 59 59 60* 63 44 73 71 5*s of'26 ext 1st ser 1969 5*s of '26 ext 2d ser 1969 Dresden (Ger) ext 7s '45 M&N / Duesseldorf 7s to 1945—M&S / Puisburg 7s to 1945 M&N / El Salvador (Rep)—8s A 1948 Certificates of deposit / Estonia (Rep of) 7s. 1967 J&J Finland (Repub) 6s '45-M&S 73 75 75* 12 15 12* 12* 15* 17 44 48 75" Frankfurt-on-Main (Germ)— 78 1939 78 1940 7s 1941-1945 A&O / A&O / —A&O / Extl s f 6*s 1953 French Government— 7s ext of 1949 M&N / 17 14 12* 12 —- "19* 109 7*s ext 1941 stamped J&D 7 *s plain 1941 German Conversion Offer— rerman Funding 3s 1946 / German Cons Munic 7sr4YF&A / Cons munic 6s 1947._J&D / German Govt Internat— 5*s loan of 1965 J&D 5*8 unstamped 1965 Stamped (Canadian holder) German Extl 7s '49 stampA&O 96* "99* 11 23* 13 12* 24* 14 6* 15 7 14* 6* 15 8 14 13* U 7s unstamped _ 13 13 1949 Scrip German & Comm Bks 2* 1 14* 12* 6 15 12 13 10 40 10* 12 10 30 3* Greek Govt s f 7s 1964—M&N / 24 7s part paid 1964 M&N Sink fund 6s 1968 F&A 6s part paid 1968—_F&A / six Guatemala 8s 1948 M&N Haiti (Rep) 6s extl 1952.A&O 6s 1953. 73 A&O 15 11 20 14 25 13 25 14 It* u4 I lH It* it* 10 F&A 12 12 6s e 13 15* 14* Hanover (City) Germany 7s'39 Hanover (Prov) Germany— 6 *s 2nd series 1949.—F&A 14* 17* 11* 15* — 9 2 Prov 30 5* !!M --- 92 ' 5* 1* — 121 115* stamped.J&D 7s plain 1949 80 Agricul Bank (Germany) Farm loan 7s 1950..M&S15 Farm loan 6s 1960 J&J15 6s July coupon on I960.. Farm loan 6s i960 ..A&O 15 22* ' J&D F&A J&J 15 27 , 82* 19* 13* „ 4* 4* 5* 5* Cauca Val (Dept of) Colombia 67 b Basis. 40 30 40 62 7* . 19 72 _ 19 4 Extl Ryref 68 Jan 1961. J&J 6s assented Jan 1961 Extls f 6s 1962 M&S 110 90 101* 69* 78* 70* 6*s stamped 1961 F&A / 78 Scrip / 50 Readjust 4*-4*s 77-M&S 58* Ref s f 4*-4*s '76—-F&A 58* Extl re-adJ4*-4*s '76A&O 58* Ext re-adi 4*-4*s'75M&N 60 Extl s f 4s $ bonds 1984.J&J 41* Bulgaria (Kingdom)— Sec s f 7s 1967 J&J 5 11 7*s 1968. Caldas Exts f 7*s 1946—J&J 12 6s 108 2.75 91 59 6s Oct coupon on I960... 98 101 38 19 17* • M&S F&A Extl 4*s 1977 Extl g 5s 1949 Extl s f 5*8 "53 17* 80 M&S Extl g 4*s *49 opt 9 40 '40" 20 • Cuba (Rep) 5s 1944 30 61 M&N 1949 40 20 25* 20 25* 52 ■ 5s 27 57 (Republic)— f 7s 1951 67 75* ?ZH Rica sec s 80 25* 69* F&A Funding 5s 1951 M&N Costa Rica Pac Ry 7*8 1949 12 58 M&S 1957 87 4* f 5s of 1957 s Costa Ext 85 A&oi/ 6s 1940 M&S Brisbane (City) Australia— f 7s 40 29* 40 22 / 77 78 stamped 1937 Cot dob a (Prov) Argentina— Extl s f 7b 1942 J&J 91 26 M&S./ s 17 29* _ 7s stamped 1957 Externals f 7s 1937.-.M&N "71* 26 A&O it* 30-yr Extl 18 Certificates of deposit Ceara (Brazil) 8s 1947 J&D 112 9* 13* 11 4* J&D / 18 1952—J&D,/ 14* Extls f 6*s (1926) '57.A&0 / 14* Extlsf 6*s (1927) '57.A&O 14* Funding 1931-1951.A&0 Funding scrip Bremen (State) 7s 1935..M&S 14* 1.50 to 3.50 6 3.00 J&J 6 3.50 4a Tax free In 83 96 Orlando—r 1952-1953 3.60 105 118 5*s 1940-1950 M&N 6 1.00 Ref 4Kb n on-opt 1947-56— 6 2.75 New Smyrna— * to 3.15 25 11 25 * Cent Refunding 3 kb and 3 kb— Miami Beach— 5s 2.85 97 Miami— 6s 103 102 11 10* 28* A&O , 62* Barrauquilla 8s 1935-40-46-48 / 36 Bavaria (Ger'y) 6*s '45.F&A. 12 Bavarian Palatinate 7s *45 J&J!/ 8 Belg Govt extl 6*s 1949 M&SI 89* External s f 6s 1955 J&J 88* Extl s f 7s 1955 J&D1 100* Berlin 6*s 1950 A&O/ 13 6s June 15 1958 J&D/ Bogota (City) extl 8s *45.A&O / 17 Certificates of deposit i/ 10 Extl sf 6*s 1947 A&O/ 19 26 Bogota (Mtge Bk) 7s May *47 Certificates of deposit / 22 7s Oct 1947 A&O / 26 Certificates of deposit / 22 Bolivia (Rep) Ext 8s *47 M&N f 4* Extl 7s 1958 J&J / 4* Extl s f 7s 1969 6s 1940 Brazil 8% ex 1941 7s Cent Ry elec ' Funding 4b Jan 1 1946 Colombia Mtge Bk-— 20-yr sf 6*s 1947 A&O Certificates of deposit Sink fd 7s (of 1926) '46 M&N f Certificates of deposit / Sink fd 7s (of 1927) r47 F&A / Certificates of deposit / Copenhagen 5s June 1 52 J&D Extl g 4*s 1953 M&N Cordnba (City)— il* llH 11* 65 Bud'pe8t(Oity)68J'n'35co\ip,62 3.70 % 25 61 8 13 J&D,/ 11 Certificates of deposit _ 64 Buenos Aires (Prov)6s'61 M&S / 96 6s stamped 1961 M&S / 74 78 stamped 1952 A&O / 81 7 *s stamped 1947 M&N / 83 79 12* M&N 4.00 % 115 109 .. 35 85* 15* 11* Hukuang Rys5s£—J&D If / 6* 2*-5s 1954. / 12 Cologne Germ'y 6*s'50.M&S 12 Colombia Rep 6s 1961..J&J 29 12 Certificates of deposit.. 12* 75 to 35 35 28 M&S Victory 4s due 1976 Hungarian Bk 7*s 1962. new 5*8 1945 1950 6s 1940-1950. 1957 Brit » Lakeland 5s 1962 6s stamped 1931 Chinese Government— 6s Oct 1961 British 4» 1990 opt *60 M&N War Loan 3 *s of 1932 Brevard County School Tax Districts No. 1 & 4 Refund. 70 Columbia Co Road 6s 1955.. 6 4.30 6s assented 6% notes 1931 35 J&J / 7s 1948 FLORIDA 5s Jan A 1945 1962 35 26* Net 15 A&O / 14* / 13 M&N/ 14* / 13 J&D / 13* Rs assented 1961. 6s 37* ' .A&O 6 1.40 .A&C 6 0.50 V ser Bank of Colombia 7s '47.A&0 DELAWARE April 1 1941-1947., April 1 1948-1957., April 1 1958-1966. highway 1941-1979. .J&J Kent Co 4*s 1945-1950. M&S f 7s Austrian Govt 7s 1957—J&J. Baden extl s f 7s 1951 J&J / to 2.00 0.50 2*8 2*s 2*s 1*8 s Extl 4*s 1956 6 0.40 6 0.50 6 0.25 5s Water 1940-1971.—M&N 6 0.50 5s Fading 1941-1943.M&N 6 4*s Sewer 1941-1955..J&J 3s Street 1941-1955 F&A 2tfs 1940-1952 M&N 2s Relief 1940-1944...M&N West Hartford 4*8 1943 J&D 4tfs Mar 15 1941-49..M&S West Haven (School Dist)— *4*8 1941-1956 M&N Windham (Township)— 4s 1941-1952. J&J 2Kb 1940-1953 J&D 68 M&S M&S / 11* Certificates of deposit / 9* Extl s f 7s ser B 1945..J&J /ll* Certificates of deposit / 9* Extl sf 7s ser C 1945--J&J/ 11* Certificates of deposit / 9* Extl s f 7s ser D 1945..J&J / 11* Certificates of deposit / 9* Extl s f 7s 1957 1st ser. A&O / 9* Certificates of deposit / 8* Extl s f 7s 1957 2d ser.A&O / 9* Certificates of deposit / 8* Extl s f 7s 1957 3d ser. A&O,/ 9* Certificates of deposit 1/ 8* 8s 1946.. 1/ 52 71 Antwerp (City) extl 5s *58 J&D Argentine Repub— 4*s 8 f extl loan 1948.M&N 96* Extl s f conv 4*8 '71 -M&N 90* S f extl loan 4s Feb *72.F&A 84* S f extl loan 4s Apr *72. A&O 84* 85 2% Treasury notes 1948— Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 65 l"90 to 6 0.40 25* 22 25* 22 26 22 26 22 Antioquia Col (Dept of)— Extl lIaven- (City)— 4*s Sewer 1941-1968.M&S 3*s 1940-1971 A&O 3*8 Sewer 1947-70. J&D15 2s Incinerator 1941-59J&J15 1*8 1941-1959 A&O Norwalk (T) 4*s 1942..J&D Norwich 4 *s 1941-1965.M&S 6 F&A / Ask (Concluded)— Sfgu6s 1961 6s 1948 to 1.25 ♦4*s School 1940-52-F&A 6 0.25* 2*? 1941-1959 Chili Mtge Bk CITIES Certificates of deposit / A&O / Certificates of deposit— / 7s 1946 A&O/ Certificates of deposit / 7s 1947 J&J / Certificates of deposit... / to 2.50 b 0.15 6 0.25 Bid Bonds Vgricul Mtge Bk (Colombia) 6s 1947 4*s Imp 1910-1952..M&N 4*s Funding 1940-'48.J&D l*s 1940-1948 J&D15 l*s 1941-1954 AND To or Net _ 1 *s Bdge 1940-1955.M&N 6 0.15 New Britain (Co)— 2s 1941-1951 F&A 6 0.20 4s Munic Bldg 1948 J&J 1940-1909 Ask rOREIGN GOVERNMENTS Hartford County— Metropolitan District 2*s Wat Sup '4177M&N 2*s 1940-1978 J&J Manchester *4 *sl941-44M&N Meriden l*s 1940-1943.-J&D Kb 1940-1944 MAN Middlesex County New Bid Yield Basis To or Bonds Hartford (School District) •4*s Northeast 1959.J&D 93 BONDS Yield Basis Net Ask MUNICIPAL possible for the closing day of the month preceding toe date of issue U To or Bid as 12* 16* 14* 17 14* 14* 14* 14* 1st series 1957 delberg (Germ) 7*s'50J&J 18 14* 14* 15 13 13* 14* 15 13 13* "20" 15 Hellenic Republic (Greek) Sec Wat Works 8s 1952 A&O 20 Helsingfors (City) Finland— Extl s f 6*8 1960 A&O 56 Hessen. See Munich Bank Hungarian Cons Munic Loan b f g 7*s 1945 J&J Extl s f 7b Sept 1946—J&J Hungarian Land Mtg Instlt'n Mtg 7*s 1961 ser A„M&N S f 7*s 61 ser B($ bds)M&N Hungary (King) 7*8 '44.F&A Ext at 4*% to 1979—F&A Irish Free State 5s 1960.M&N Italy (Kingd) extl 7s '51.J&D Prestito Redimiblle 3*s Specified unspecified. — "i4* 25 Ital Credit Consortium 7* 75 7K 7 6* 6* 30 21* 70 "im 50 87' 52 20 22 16 18 54* 65 45 46 87* 62* 58* 55* 88 64 for Pub wks ext 7s B'47 M&S Pub Util Credit 8 f7s'52J&J Japanese Government— 8 f 6*8 1954 _F&A Extl b f 5*8 1965——M&N Oriental Dev Co 6«'53.M&S Orient Dev Co 5*s'58M&N 59* 56* — yuotations for all securities are as near as possible for the closing day of the month Net Ask (Kingdom)— Fundings f 5s 1956---M&N 2d ser funding 5s 1956 M&N Jugoslavia 15 Extl s f 6Ms Certificates 20 - 12M 14 ... 12 1947F&A Leipzig (City of) 7s Lima (City) Peru-— 20 15 Bk 7s 1957 -A&0 State Mtge ***« (Prov)7 Mb 5M&D Luneberg (City) 7s 1948-M&N Lower Aust Brazi\,«r-N M&N 14M 12 / 10 20 9M 11M yj—".7 ... 20 8 of deposit— Argentina— 7Ms extl s f 1951 J&D Stamped " t: 4s extl readj $ bds 1954. J&D 80 M ""80 M Extl 1M 1M M % V/s 38M 1945.---— assented 1954 5b assented 1910 assented 1945 6s 1913 assented 1933.-- — Milan(ltaly)ext 6Ms 52-A&O Mlnas Geraes (State) Brazil Extl ■ 1960 f 6s - -- - f 6s 1964 3 Ms extl re-adj Conversion scrip 70 69 ... 39M ... 59 ... 65 80 53 M 51 55 / 50 Exch s of 75 "Denmark^"" " 1972 ser IX f 5s 12M — 60 1950--A&O Norway ext 6s 1943----F&A 65 68 ... 42 50 ... 64 1944—F&A 44 50 4M8 extl sk fd 1956—M&S 4Ms pxtl sk fd 1965—A&O Sk fd extl 4s 1963 *&A 33 ... — 35 f 6» ... 33 32 ... Norway Municipalities Bank Guar 8 f 58 1^0- —---J&D Nuremburg extl 6s 34M 77 M 1952. F&A 7s 1945 / 12 M Oldenburg (Free State) Oriental Devel—See Oslo s f extl 4 Ms Panama Panama Extl s Jap Govt 30 20 1955---A&O (City) 6Ma'1952---- / 50 (Rep)ext5Ms 53 J&D /105M "I05M 75 73 f 5s ser A 1963--M&N Stamped 4Mb assented 37 16M 12 8M 11 9 9M 9M 9M 1944.A&0 M&N Refunding 5s 1943-.--A&0 5s May 1952 M&N Alberta (Prov of)— Gold 5 Ms 1947 J&J Gold 5 Ma 1952 A&O Refunding 9M 9M ... --- ... ... / 14 1 1 5s ... 100 '"evs ... 2 11M 9M 10 8; ... 12 5s 12M 6s 1933 Rio Grande Sul 8 9 9M 8M .. 7M Roumania (Monopolies) (Mtge Bk) 6s ser A *47 ^I&8 / 6s series B 1947 A&O / Salvador 7s 1957 J&J / Certlficatea of deposit—/ 4« scrip ——- - / 8s 1948/ 8s ctfs of deposit 1948— / — (Dept) Colombia 1948— A&O Extl« f 7a 6 Basis. /Flat price. 68 73 67 71 68 72 67 71 85 82 89 92 90 "96"" to 5.00 90 71 62 66 65 59 59 63 63 56 59 9M ... 100 101 100 99 94 M 90 89 22 - — 14 5 Z 9M ... ... ... — ""78H 25 Jfc Last sale. 69 M 64 M 83 M 82 M 86M 74M 76M 95 M 88 84 84 86 86 82 95 GEORGIA 75 '"79" 77 76 78 to 1.35 3.00 1.50 .... ~79M 101M Atlanta— 5s Water 1941-1951——J&J 6 0.50 4Mb 1940-1956 J&J 6 0.50 53 57 53 57 52 56 52 56 49M 49.M 49 M 49 M 49 M 49 M 49 M 48 M 52 52 52 51 92 99 90 99 90 72 72 77 78 73 to 1.50 6 1.00 to 2.00 6 0.50 to 2.10 6 1.00 to 2.50 1.30 to 2.20 to 3.25 6 1.00 to 2.00 6 1.50 to 3.00 Jan 6 1.00 Ware Co 5s Road 1940-49 J&J 6 1.00 Woodbury 6s 1940-1949.J&D 6 2.00 90 to 1.25 Valdosta 5s 1941-1942 78 80 80 1.75 to 1.75 to 1.50 Dougherty Co 5s '41-'48.M&S Muscogee County— Road 4Mb 1941-1956—A&O Pulaski Co 5s 1940-1948..J&J Savannah 4Msref 1943..J&J 4Mb Drainage 1944 F&A 4 Ms Refunding 1959--F&A 2Ms 1943-1967 J&D15 Spalding Co 5s 1941-'49—J&J Swainsboro 6s 1941-50—A&O 52 90 2.00 Clarke Co 5s 1941-1944—J&J 6 0.60 Columbus 5s 1940-1944--.J&J 6 0.50 Crisp Co 5s 1941-1957 --F&A 6 2.00 52 52 86 86 to 1.25 Co 4Mb 1948-49—M&N 6 2.30 Chatham County Road 4 Ms 1940-1949-F&A 6 0.50 to 1.90 Bibb 52 90 to 1.80 Ref 2 Ms 1940-1967—.J&D 6 1.00 Augusta 4Ms Flood '42-.M&N 6 2.10 101M 95 to 2.10 to 3.10 IDAHO A&O 6 0.75 4Ms ref 1941-1945 4s ref Jan 31 1941-1941 74 6s Oct 1 1940-1944 Boise City 4 Ms 1951 M&S J&J J&D J&D -J&D —-M&N F&A J&D J&D —F&A 88 1945-J&D M&N - 70 to 1.25 1957 6 2.00 to 2.50 ILLINOIS 83 86 79 82 4 Ms Serv Corap 80 77 83 4Mb Serv Oomp '40-*43_Aug 1 4Mb Serv Oomp '40-'44.Aug 1 4s Highway 1940-1943-May 1 4s Highway 1945-1954. _M&S 4s Highway 1955-1958.-M&N 3 Ms Emerg Rel '40-'47 Dec 15 3 Ms Emerg Ref *48-'54 Dec 15 Bloomington 4 Ms Water 77 78 78 72 75 62 67 75 80 77 80 77 1940-1961 opt 1952 75 Champaign to 93 5s 75 Road County— M&S to 6 1.50 to 2.40 6 0.50 to 1.00 1.80 to 1.10 to 0.75 to 1.90 3s ctfs Aug 1 1954 1-- 2Msctfs Feb 15 1958-59 87 84 84 4s 1945-1948 4s 1949-1950 70 70 72 86 75 6 0.50 "89" to 1.10 6 1.20 — 4Mb 1954 Board of Education— 3s 1957 opt 1941-1943— 3s 1957 opt 1945-1947... 75 to 1.70 6 1.80 to 1.90 6 0.50 to 1.00 6 1.50 to 6 0.40 to 1.40 6 1.50 to 1.85 6 2.00 to 2.35 lr85 3 Ms 1955 opt 1946.. 4Mb 1954 opt 1944 84 p 20 Chicago Park District— 3 Ms 1956 opt 1940 4s 1955 opt 1940-'44 4s 1955 opt 1945-*47 4s 1955 opt 1948-*55 97 93 89 to 1.25 6 1.35 to 1.70 84 Deo 4Mb Sept 15'52 M&S15 Deb 4Mb-i960 M&N 15 6 0.40 6 1.20 3 Ms 1952 opt 1945 3 Ms 1953 opt 1946 3 Mb 1955 opt 1951 4s 1941-1944 90 to 1.80 to 1.90 6 0.50 3s 1957 opt 1941-1942 3s 1956 opt 1945-1949—.... 6 1.50 Water Works System— " 103 94 to 0.60 6 1.85 3s 194.5-1948 79 M&s to 0.80 6 1.00 6 0.50 87 86 80 to 0.60 6 Par __ 1940-1943-.M&N 84 81 84 to 0.60 6 0.35 3s 1941-1944 .79 _ 81 6 0.35 6 0.35 Chicago— '72 76 76 87 '40-*43.Aug 1 4Mb 1955—— M&S 4Mb I960 A&O 4Mb non call 1958-M&N 15 4 Ms s f Apr 15, 1901 A&Ol 5 Debenture 4s 1947--M&N 92 1960 6 0.75 86 4Mb May, 1954 70 4Ms Jan, 1944 J&J 4Mb 1940-1951 A&O 15 b 75 71 4Mb June 1, 1971 J&D 68 4s May 1,1944 „M&N 76 Metrop Co 4Ms '53,'54&'61 76 4M8 May 1, 1965 M&N Harbor Commissioners— 5s Nov 1, 1969 M&N 101 New Brunswick— 73 5 f deb 5 M» 1950——M&N 73 Sf deb 5Mb 1952 J&J 85 Debenture 5« I960--—J&J 5s to 2.50 J&J 1 Boise City Ind Sch Dlst No. 4 Ms June 30 1940-1954 73 83 1958 - ■ ^ ... 91 86 4Mb ref 1940-1945 J&J 6 0.50 2s Highway Fef Mar 15 '47_ Albany 5s 1945 J&D Appling County— 6 3.50 Road 5s 1949-1953 6 2.20 Athens 4Mb June 30 1943 74 84 Deb ... 87 to 72 8fdeb3Msl948 A&O 3Mssf deb 1946 J&J 3s b f deb 1941 ——J&J 5-yr 3% debs July 1 1944_. 10-yr 3 M % debs July 1 1949 North Vancouver 5s '60--J&J Nova Scotia (Province)-- — ... 19M 20 90 70 __ 35 87 74 8M 9M Winnipeg, Man 5s 1944.-A&O 4 Ms non-call 1944.—M&N 4 Ms June 1 1940 J&D 4M8 June 15 1950—J&D15 4s Aug 1 1946—.—F&A15 80 71 5ss f Nov 1,1950 2c 16 18M 11 80 70 4Mb 1942 and 1967—F&A A&O 3 Ms sf deb 1949 Montreal 5s Dec 1, ' 8 75 83 1970 Amer Falls Reservoir Dist— 4s 12 89 J&J14 15 Jan 80 19454Ms 1951 4 Ms 1956- 12 92 85 76 5s 1959 ... 95 88 Verdun deb 5s 1954 _ 5s 1944 --- 90 86 92 - 93 74M 70 J&J 1941 4 Ms ... 14 12M Ms Ma F&A var 72 5s 1943 ... 12 f 18 ^_V&N|/ 102 100 M 96 M 61 A&O 5 Ms 1942 S F deb 5Ms ... Oatharina Bant&nder 108 104 to 5s 86 M 72 1945 Debenture 6s 1947 ... 10 (Brazil)— 8s 1947 F&A / 8 San Paolo (Brazil) State of— 8% external loan 1936-J&J / j Extl 8s 1950 J&J / Extl 7s 1956 M&S / Extl a f 6s of 1928, 1968 J&J / 9 Sees f 7a 1940 A&O/ "33 Santa Fe (City) Arg Rep extl 7s 1945 A&O / 77 4a 1945 stampedA&O / 81; z Santa Fe (Prov) 7s 1942.M&S/107 4b Stamped 1942 83 S Extl guar sf 4s 1964--M&S Santa ... _ 1959 100 67 Lachlne P Q 5s 1954——J&D Manitoba (Province of)— ... 9M 46 % F&A/ Feb 1937 coupon paid... / Russian 6M8 June 18 1919— / 5M% ext loan D«" 1921.— / Saarbrucken (City) Uernaay Extl s f 6a 1953 J&J / Institute 7* 100 5s 1950 & 1951 var 81M A&O f 1955 & 1960 Hamilton— ... 11M 10 1968 J&D f 6 Ms 1952—A&O s ... (State) f 6s Rome extl s Halifax N S 4s July. 5s Jan. 1951 ... 10 ff Brazil ext s f 8s 1946—A&O / 7s extl 8 f 1966 M&N / Extl 8 f 7s 1967 J&D / Extl 99 M 1950 4a Elec L & P / Do 13 M 13 M L. 4MB 1959. 86 104 to 93 M 67 M '48--J&J 15 A&O 25 4MB 1940-1946 J&D 29 4Ms 1947-1956 J&D 29 4 Ms s f deb Jan 23 '69 J&J23 Calgary 5s July 1,1945—J&J Edmonton (C) 5s *45&'50A&0 12 5s 1941 Bio de Janeiro 8s 1946—A&O Extl s f 6 Mb 1953 F&A 82 101 102 73 M 62 M 82 H Brit Col (Prov) 5s 5s Apr 25, 1954 13 6s 1936 M&S 15 A&O Queensland (State) 7s '41 A&O Ext g 6s Feb 15 1947 F&A15 "75" 92 % 68 4Ms Jan 15. 1942—J&J 15 Deb 4 Ms 1950 A&O 4Mb Jan 15,1957 J&J 4Mb July 16, 1958 .J&J 4Mb Apr 1, 1961 A&O 4Mb June 1, 1967 __J&D Debenture 4s 1954 J&D 12 1951 74 72 71 71M 72 M —J&J A&O 15 A&O Gold 5b 1959 ... 1 1968--A&0 / External 8s Prussia 6 Ms 6s 1952. 74 69 92 M 4Mb Gold 5s 1948 ... 6M 1950——J&J / 4Mb assented 1963 J&J Dollar funding 3s 1956-A&O Porto Alegre (City) Brazil— Sinking fund 8s 1961 —J&D S f 40-yr 7 Ms 1966 J&J 7s 1968 F&A Prov Bank (Westphalia) 6s '33 1960.M&N 5s 1945 & 1946 var 72 70 M&S 15-yr 4Mb 1940 ... ... 70 — 5s Nov 15 1941 34 ------- Parana (State) Brazil 7s 1958Pernambuco (State of) Brazil Extl s 178 1947 -M&S Peru sec i f 7s 1959 M&S Nat Loan extl 6s 1960-J&D Extl s f 6s 1961 A&O Poland (Rep of) 6s 1940.. A&O 4Mb assented 1958--A&O Stabilization s f 7s 1947 A&O ... 65 deposit) — o% scrip 68 M 67 .----- Series A (ctfs of 93 69 (Province) 5Ms 1952 5s 1940 & 1941 70 1% notes 1941--..-—M&S 1Mb 1942M&N 2s 6-year 1944 J&D 2Mb Jan 15 1944 J&J 8-yr 2 Ms 1943--fJ&D 7-yr 2Mb 1944 M&N 10-yr 2^s 1945 F&A 20-yr 3s 1955 J&D 3s 20-year 1958 J&D 3s perpetual M&S 3s Jan 15 1967 -J&J 30-yr 3s Nov 15 1968.M&N 14-yr 3 Ms 1951 M&N 25-yr 3 Ms 1961 opt '56 J&J 15-yr 3 Ms, 1949— A&O 20-yr 4s 1952 A&O 30-yr4s I960A&O 64 S f 5M« 97 90 Vancouver. (B C)— 61 s 64 - (Australia)5a extl s f 1957F&A Extl s f 5s 1958 A&O Met Wat Serv & Dr Board New South Wales External 12M CANADA 65 100 93 July 2 1945....—J&J2 4MB 1955 4Mb Mar 15 i960 M&S 4s Nov 15 1957 M&N15 Toronto 6s 1940--.-J&J 5s 1940-1950 J&J 5s 1950-1959 J&D 4MB 1941-1945 A&O 4Mb 1940-1961 A&O 4s £ July 1 1948 J&J 3 Ms July 1 1944 J&J "T 60 26 17 J&D 100 98 1943 (non-call)-_J&D15 5s 1959 (non-call) M&N 58 3 / M&N J&D 4 Ms 5M F&A 4Ms assented 1958 / Municipal Bank-— Hessen 7s to 1945 F&A / National Bank of Panama— 4s ser A & B 1946-1947 4s ser O & D 1948-1949 Quebec City— 6s S F (non-call) Saskatchewan 43 8 5M 101 96 M 96 M 102 94 94 94 ... 35 X J&J 81 102 101 99M 4MB 1956 J&D 6 3.00 3s serial July 15 1940-1959— 50 B~an~k F&A 1944 Hydro Elec Pow Com— 4Mb Jan 1, 1970---J&J 2 Ottawa City 5s '40 '45—J&J 6s Munic Imp *40-'50--J&J 5s July 1, 1940-1956—J&J 4MB 1910-1944 J&J 4MB 1943-1960 J&J Quebec (Province)— 8-yr 2Mb 1944 M&N 15-yr 3s 1951 M&N 3 Ms 1949 -J&J 3 Ms s f deb 1952 J&D Net 104M 77 3Mss deb 1953— 4MB 1961 5 F 4 Ms 1946 39 M A&O J&D —F&A 103 53 M 53 M 1984..J&J Ask 100 50M 49 / / ... 18M 52 M 39M 12M 10M 71M 2 Ms 67 M 57 3M-4M-4 5-16% extl Conv s f of '37 1978-J&D 4-4M-4M% extl readj s f bonds of 1937-78 F&A „ -- 1M 2Vs 9M 1959 ser A.M&N f 6s s 1941 Debenture 3s 1949 2s 1940 / 17 h f 62 M M&N / 62 M&N / 62 S f 7s 1952 ser A_ 1958-------M&S 1959 ser A—M&S (City) 7s 52J&D Montevideo 1M 4M 5M 37M external conversion 1979- --- 1 1945. 4s Extl 6Ms Extl 6 Ms s Extl Stamped assented M&N 15.194043 .M&N 15 4s May 15,1944-57-M&N 15 4s May 15.1958-68-M&N 15 Debenture 3s 1950—M&N 4s 4s May 65 F&A 3M-4-4M% ($ bds of 1937) external readjust 1979 3M~4-4M% ($ bds of 1937) South Wales. Irrigation— Ms 1943—■ 14 14 F&A / 14 M M&S A&O 76 f gtd 4 4s 1904 1st mtge 8 f 6s 1947. ydney (City) N S W— 25-yr s f 5Ms 1955 okyo (City of)— 5s of 1912-1952 Extl s f 5 Ms 1961 ... Metrop Water Service— "ffStfSSffftw 12M M&N B 81 - s 10 M ser '43--M&S15 -J&J M&N 4Mb 1944 M&S 4Ms Jan 15. '41-'47-J&J 15 4 Ms Jan '15 '48-'57-J&J 15 4Ms 1940 1970 M&N 15 i Ueslan Landownei — r Mendoza (Prov) Mexican 12 5 Ms 1946 6s 1959 14M (Prov) Poland— Extl s f 7s 1958 J&D / 4 Ms assented 1958 J&D 14 8 Ontario (Prov) 6s He8la 14 Medellin (Munic) (Colombia) 7s extl Dec 1 1951-----J&D Certificates of deposit - See New 11M Extl 7s 1962 9M 15M of deposit.-- 6 Ms 1954 Certificates / Extl 8s 1962 11 10M 1958---M&S Maranbao (State) Ext 8 f 7s 1958 10 M 9M f 6 Ms s To or Bid Bonds Net 12 M 9H / 1957-M&N 15 / Extl sec 6s 1943 M&N ixon State Mtge Institution Sink fund 7s 1945--.—J&D / Sink fund 6 Ma 1946 J&D / Coll sf 6s 1947 M&S / Extl (CcmcJ.) Cities Ask Bid Bonds and Foreign Govts, Yield Basis To or To r Bid preceding the date of issue Yield Bais Basis Bonds BONDS MUNICIPAL AND STATE 94 nNominal. / MAY, 1940] STATE AND MUNICIPAL 95 BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Yield Basis or Bonds •Sanitary A , Ask Bid Yield Basis To Bonds District— Bid 1940-'44 1945-'47— 4s 1955 opt l948-'54 Cook County— 4s 1956 opt 1941-1944 4s 1956 opt 1945-1947 4s 1956 opt 1948-1953—__ Elgin Sanit D 5s '40-'44.M&N Evanston 8 D No 76— 4 Ms June 1 1940-1948 6 Forest Preserve— 0.40 1.50 2.00 to Refunding 2 Ms 1940-'41-F&A state Highway— to 1.85 2.35 0.50 to 1.50 to 1.85 2.00 0.40 to 2.30 to 1.10 3MsserQ 1955-1960.—J&J 0.75 to 2.25 1.40 3 Ms 1940-1959 Ref 3 Ms 1957-1960 State Highway— ) 1.50 to 2.50 > 3s Water rev 1942-68. _M&S Lake Co 5s Road '40-'49_F&A 0.75 to 1.75 to i 2.00 0.75 to to 3.15 to 2.30 Capital Bldg 4Ms Aug 15, *52 Charity Hospital at N O— 3.85s Atchafalaya Levee Dist— 5s Sept 1940-1972 M&S 1%00 1 0.50 to 2.75 W 1940-42.._J&D 6s Gen Obllg 1940 J&J Des Moines Ind S D— 0.50 to 1.00 4Ms W 0.50 less 1.25 1.15 1.25 less Lee Co Prim Road 2 Ms. 1948 Lyon Co 2 Ms May 1 1940-47 Marehalltown— 1.40 less 4 Ms Sept 1 1945 4Ms 1944.. 4s Sept 1 1945 M&S M 1.30 % 0.25 to toll.25 0.25 Sioux 0.50 0.50 tojl.30 to 1.50 less to M 1.50 1.75 0.50 0.25 0.50 less 0.50 to to 1.2*0 0.30 1.75 to ...A&O Pentchartrain District— 6s 1944 M&N 5s July 1968.... 1.80 to 5s Mar 1953 opt 1943-M&S to 2.00 to 2.00! to 2.00 1969 J&A to 1.75 3.40 3.30 3.40 1957. 3.80 102 to 2.90 1.90 H'way & Bdge '4K54-A&0 3 Ms Ref 1943 J&J 3s Sew & Park 1941—J&J Owensboro 5s Sewer.....J&D Paducah— to 2.60 2.30 1.90 2.40 0.90 0.60 2.30 0.70 0.40 3.50 3.60 3.60 w & Basis. Flat price. Chelsea 4s 1958 106M Ohicopee 1 Ms 1941-1959 M&N Easthampton (hi'way & relief) 1Mb 1940-1948 M&N15 Everett 1Mb 1940-1941..J&J 1 Ms 1940-1959 J&D 1 Ms Relief 1940-1948..J&D Fall River 2 Ms 1940-1946 J&J 2Mb 1941-1968__M>2 & N 2 4s 1941-1955 (tax-ex)-M&N Framingham— 1% relief 1940^3-M&N15 1Mb water 1940-58...M&N 1Mb 1940-1946 1Mb 1940-1942 to 3.00 to 3.30 to 2.70 to 3.10 to 3.30 to 1.75 to 3.10 108 106 2.60 2.50 3.80 0.50 0.50 2.50 % 3.70 % 3.20 % to 1943 3.70 % to 3.00 to 2.70 to 2.90 % 1 3.40 % 2.30 1 to 1.75 % 2.30 to 2.25 to 2.30 2.00 3.25 % to 1 1 High Sch Dist— 4MB 1940-1945 M&N 5 1.00 Kennebec Water District— 4s Ref May 1, 1950..M&N 6 2.60 Old Town Water District— 4a to July 1952-1958 to 3.00 % 2.30 % J&J 2.30 to 1.30 0.50 to 1.30 A&O 0.25 to 2.40 Imp 1943-45.._M&S b 0.75 to 1.20 5a Water 1961 ...A&O 5s registered 1940 M&S 4Mb Mar 1, 1941-'55—M&S 4s Aug 1. 1951. F&A 4s Annex 1954 J&D 0.40 to 3.00 4s 4a Parks 1955 1961 1945-1971 M&N M&S M&S to to 2.25 1.40 to 1.40 to 1.40 to 1.30 to 2.50 to 1.50 to 2.50 to 2.25 to 2.50 0.25 to 2.10 0.25 0.25 0.20 0.10 to 2.25 2.00 2.20 to 1.20 0.10 0.15 to 1.25 to 1.90 F&A 0.15 to 1.00 F&A 0.15 to 0.40 M&S to 2.25 0.20 to 1.25 i ro .00 to 1.10 to 0.30 1 I 0.25 to 1.25 0.25 to 2.50 % % % to 1.40 to 2.00 2s G & E 1940-1947...A&O 0.25 to 1.25 0.40 to 2.25 Lawrence (wat h'way & b'dge) 2MB 1940-1958 J&D 6 Lowell 2Mb 1940-1947 J&J 6 Lunenburg Water District— 2MB 1942-1969 A&O 6 Lymfield Center Water Dist— 2s 1943-1967 J&J 6 Lynn 4s Sewer 1940-'56--M&N.6 2s 1941-1969 _M&S 6 1Mb 19 41-1954 M&N Is 1940-1941-., A&O Maiden 2 Ms 1941-1958--F&A Ref 1Mb 1940-1949-.M&N 6 6 6 6 to 1.60 to 1.75 I to 2.50 % 0.60 0.25 to 2.25 0.15 to 2.00 y0 to 2.40 % % % 2.00 % 0.25 to 2.00 0.15 to 0.40 0.25 to 0.20 to 1.50 to 0.75 2s 1941-1953— F&A Methuen (relief and sewer) — 2MB 1940-1953 M&N 1Mb 1941-1949 A&O New Bedford 4s 1957 J&J 0.25 2Mb 1940-1947 A&O 2s 1940-1949 A&O 1MB 1940-1944 A&O Newton 2 Ms 1940-1969. .A&O 0.20 4-^^B 1941.—3.955 1 0.25 Medford— ' 3 Ms 1940-1942 tax-ex M&N 6 0.25 2s 1940-1947 0.20 J&J _ I 0.40 % % to 1.50 to 2.00 0.40 to 2.00 0.30 % to 1.65 % 2.50 0.20 to 1.50 to 1.60 0.20 to 2.00 0.10 0.25 0.15 _J&J Northampton 1Mb '41-59 F&A Pittsfield 4s 1940-1944.. .J&D 1 to 1.00 0.10 to 1.25 to 1.40 to 1.75 0.25 to 1.00 2Mb Dec 1 1940-1955-.J&D 0.10 0.10 to 1.10 1 to 1.50 Ref 1Mb 1940-1949...A&O Quincy 2 Ms 1941-47 A&O lMs 1940-1949--..—M&N Is 1941-1950 0.20 to 1.10 0.10 0.10 to 1.15 to 1.60 0.20 Reading 1 Ms 1940-58 M&N15 Salem lMs 1941-1948...M&N 2s 1940-1949 to 1.00 0.10 ...M&S to 1.00 M&S 0.10 to 1.10 School 1940-1954.J&J 1Mb Relief 1941-1946.A&0 2MB 1941-1969 J&J 2s 1940-1944 M&S 2MB 1940-1949 M&S 1Mb 1940-1949 ...A&O lMs 1941-1955 A&O Springfield— 3 Ms Water 1940-1960.J&D 0.20 0.20 to 1.20 I % i 1 to 1.80 0.20 to 1.50 % 0.20 to 1.50 0.20 to 1.70 % % - 1Mb relief 1940-48—M&N 6 0.10 1Mb 1941-1949 A&O 5 0.20 to 1.80 % to 1.80 % % % 1.50 % to 0.90 to 1.10 to to 1.10 to 1.15 Wellesley (Town)— 2s iiH S 1941-1952 M&S 0.15 Winchester 3Mb 1940-46.J&Ji5 0.15 Worcester (City)— - 1Mb Funding 1940-58..J&j'& 0.10 1Mb 1940-1948 J&J b 0.10 1Mb relief 1940-48 A&O b 2M» Hospital 1940-49-J&J>6 MICHIGAN 5Ms July 15 1941 J&J 15 & 5Ms Oct 15 1941 A&O 15 6 4Mb Highway 1943 —F&AI6 4 Ms Highway Impt 1944 A&0.6 4s 1 t to 0.80 0.20 0.10 2s sewage uioy Ai7^U~U01Vj.OLJ.Y ,u 0.10 disp 1940-68M&N b 1Mb Relief 1941-1946.A&O 6 0 1Q 2s 1940-1949 M&S 5 0.10 Waltham 2s 19~4(M948~_~.J&D 0.20 Water town— - to 2.25 0.20 2.30,% Regls'd stk 1946-57 M&N 1.20 to 2.10, % 4a 1940-1944 A&O 0.25 to 0.90* % 4al956-1975 M&S 2.10 to 2.30 % 3 Ms March 1945 M&S 1.0 3 Ms Refunding 1952 J&J "1.60 to 1.50 % 3 Ms Sewage Impt *80.A&O 2.30 2.25 % Cumber'd 4 Ms W W '41-A&O 1.25 1.00 % Hagerstown— 5s Water 1940-1987—A&O 6 0.50 to 3.00 % 4Ms 1940-1987 A&O 6 0.50 'to 2.90 % % 2~25 % to 0.15 0-20 0.20 1.90 2.10 % to i to 1.10 to 1.25 6 0.40 1 % to 2.25 % to 0.50 0.10 b 6 b b 6 6 1 to 2.00 0.25 0.25 F&A i to 2.25 0.50 1.70 1.80 ! to 2.50 to 2.50 0.15 - 1.75 1 2^75 0.50 0.50 3 Mb to 1.45 1 to 2.25 Somerville— 1.90 1.00 to 1.50 0.50 0.50 0.50 .. to 2.80 Annapolis 4 Ms W W *42.A&O Baltimore— 5s 1941-1961 to 0.50 Haverhill 1 Ms 1940-1951 J&D Holyoke 4s 1940-1950—. A&O „ to 2.50 to 0.50 to 0.50 to 2.00 2.00 to 1 to 1.10 to 2.25 ^ South ■ to 1.75 0.25 to 2.20 4s Funding 1948. J&D 6 2.25 2Ms Water May! 1953— Portland Sewer Dist— 4s 1940-1950. M&N 6 1.00 Waterville 4Ms 1940-50 6 2.00 Westbrook 4M« 1910-1948 1.00 MARYLAND Certificates of indebtedness— 3s 1941-1950 A&O 0.25 2Ms 1940-1951 A&O 0.25 2 Ms June & 0.25 Aug 15 *40-'52 2s 1941-1953. F15&A 0.25 IMS 1941-1953 F&A 15 0.25 s 1943-1955 F15&A 0.75 to 1.60 % 0.25 N'th Adams 1Mb 1941-49M&N to to 1.75 0.10 6 0.10 6 0.10 3.25 Portland— 4s O H *41-"45 tax ex. _A&O 6 0 75 Portland Bridge District— 3 Ms July 1. 1940-1947 5 0.75 Portland Water District— 0.60 0.75 0.50 _ M&S 5 0.75 2sImprove'mt 1940-56 ..A&O b 0.75 Augusta 4s Oct 15 1940-1955. b 0.75 Bach 4s Ref 1941 tax-ex.J&D b 2.50 Belfast 4Ms Ref '40-'50 M&N 6 3.50 Brewer 1Mb 1941-1950 „ to 2.50 4a 3.75 w 106 1.00 % % 1.70 % 0.50 . 104 2.00 to 1.75 Cambridge 2s 1940-1958.A&O 3.20 to 1.00 to 1.65 0~.4Cf 2MB 1940-1968 J&D 2Mb Sept 1 1940-1956-M&S 2Mb 1940-1955 J&D 2 Ms 1940-1944. J&D 2s 1940-1949. F&A 1Mb 1940-1959 _F&A 1Mb 1940-1959 _.J&D Subway 2Mb 1940-48.J&D Metropolitan District— 2 Ms ser A 1941-'58.M&S 2Ms ser B 1941-62..J&J 2 Ms Dec 15 1940-1960.2Mb Oct 1 1940-62..A&O Braintree 4sl940-1941___.J&J Brockton 1 Ms 1941-48-. A&O Is 1940-1949 M&N 2 Ms 1940-1949 M&S 107 M 101 1.00 2.80 % 0.50 0.10 0.10 0.75 0.50 0.50 1.25 J&J 106M 100 M to 1.90 4a Mar 1. 1940-1970-A&O b 3.75 Warren Co 4 Ms 1941-*59.J&J b 3.75 4 Ms % 70 % July 1 1945 April! 1941-1957 104M ft 0.75 2.30 2.40 ... to 2.90 4s Sept 1, 1940-1953 M&S 5 0.75 4s Highw & Bdge *40-44 M&N b 1.50 4s State Pier 1941-1942..M&S b 0.75 2.35 2.35 1.50 1.70 2.30 Lou W Co 1950—F& A 4s Sewor 1965.......F&A 4s Jan 1 1970 J&J 1947 . to 3.10 % J&J 6 3.50 2.60 0.50 0.50 2.40 F&A Sewer 105^ MAINE * 3.40 4.00 2.45 1.70 4s 4s 3.15 % 105 to 2.00 390 2.75 3.00 2.25 2.75 2.75 2.75 .M&S 103 M 3 Ms 1940-1951 3.60 3.60 3.75 3.75 2.80 100 Jan 2.45 Sewer F&A 5s Dec 1, 1940-1969—J&D 4 Ms W W & Sew '40-*54J&J 2.40 4Ms 3.90 % to 1.75 to 1.75 b 2.90 3.30 5s 2.10 A&O b 0.50 Red River A & B B District— 5s 1950 Series B__ A&O 2.15 Pub Wks Nat Recovery ..—J&J 105M 105M b 1 1 108 to 3.80 5s Gen 4s 1941-1963 to 106 J&J 5s Lexington— City HaU 5s 1941-'55.F&A 3.70 6 1.00 4Ms May 2.1940-67.M&N2 b 0.50 - Louisville 5s filch 1962 b 3.80 Tensas Basin Levee District— Ashland— 4Ms R&B Oct l'40-'56 A&O 58 Oct 1952 1.80 Saline Co 4Ms 1945 Shawnee Co 4 Ms 1944 Topeka 4 Ms 1948 5 Ms Jan 1 1941 J&J Topeka 9 D 4Mb Mar 1 '41-'46 0.30 to 1.30 Wichita 4Ms 1941-1946-J&D 0.30 to 1.35 Sch Dist ref 4 Ms '41-48F&A 0.30 to 1.70 lMs 1945-59 J&D 1.00 to 1.85 Wyandotte County— 4Ms 1941-1945. J&J b 0.30 to 1.20 KENTUCKY Bridge Revenue Refunding— Project No 2 July 1 '50 J&J 101M 102M Project No 3 July 1 '50 J&J 101M 102 M Project No 9 July 1955 J&J 102 M 102M Project No 8 July 1 1945 101M 101M Project No 10 July 1 *50 J&J 101M 101M Project No 11 1952........ 102M 102M Project No 12 1947... 102 M 103 Project No 13 1953.... 103 102M Project No 141945 102 M 103 . 3~30 3.3.5 3.60 Plaquemine Parish E Bank— to 1.75 1941-1947.J&J b 0.40 4Ms WW 1941-51 J&J Fdg 1952 opt *42..F&A 4M8 School Jan 1 1941-69.. Henderson County— 2" 25 3". 40 1.50 Orleans Parish Sch Board— 5s 1940-1944 J&D 5s 1945-1967 J&D 58 1 965 Series D Leavenworth Co 5s 1945 McPherson 4 Ms 1945 4s 3s b 3.45 b 3.70 to 1.40 0.10 0.20 3 Ms June 1 1943-1944-J&D 3 Ms 101 Shreveport— 4Mb 1941-1953. F&A 0.30 4 Ms 1940-1953 J&J 0.30 Sch Dlst4Msl941'54J&J & 0.30 Leavenworth— 4Ms 81 "42, *47&*52..M&9 Bowling Green—5s 1955.J&J Covington 4Mb *40-'50_>A&0 3 Mb 1910-1951 2.00 b 3.40 2.40 % 0.10 0.10 M&N15 4s Sub 1957 tax-ex A&O 4s Sub 1958 tax-ex J&J 4s Tun & Sub *59 tax-ex J&J 4s relief 1940-1953 J&D 3.90 108 100 5 M% 1940-43 to 2.90 1.00 J&J J&J 4Ms Non-callable 1952 J&D 0.25 103 to -J&J Arlington 4s'40-'42 (tax ex) J&J Beverley 1 Ms 1941-1948-A&O Boston 4Mb Sept 11981-M&S 4 Ms Tun 1960 tax-ex A&O 4Mb Dec 1976 J&D 4s Tunnel & Sub 1948 J&D 2.80 b 1.00 % 2.75 % 2.75 % Hurricane & Flood Damage— . 105 5s July 1940-1949 5s July 1950-1959 less 4Mb Water 1940-1944.A&O Sac Co 2M« May 1 1940-1947 City 6s *40-*45 -F&A15 6s Ref Aug 15 1910..F&A15 4Mb Sewer 1910-47—M&N 2Mb 1910-1956 J&J Sioux City S D 5s 1941..J&J Woodb'y Co Fund 2Ms'42-'46 KANSAS Soldiers* Compensation Bonds 4MB, 1941-1952 J&J 4s. 1953-1954 ...J&J Kansas City 5s 1942 F&A 4Mb Wat & Light 1944.J&J 4Mb Imp July 18 '49..J&J 2Ms Ref 1951-1960—A&O b Board of Education— July 1 1953-1968 4s July 1 1940-1952 4s Mar. 1 1942-1964-M&S Orleans District— less M&S 3 Ms 3.15 3.00 102 101M Baton Rouge—5s '41-'54 M&S b 1.00 Bossier Dist Levee 5s '54. A&O 106 Caddo District Levee— 5s 1951 opt 1941 J&J Fifth District Levee— — to b 2.90 F&A 1942-1968 to 2.80 2.30 2.30 0.10 Metropolitan Water Loan— 2s reg 1944-68 J&J 1MB 1945-1969. J&J 1 1Mb Reg 1941-1959M&S to 2.35 State Pension 5s June 1,1948. b 2.40 INDIANA J&J 2.85 to 2.30 to 3.15 . 2.25 % to 2s Water 1945-1969 J&J b 1.25 4s ser V 1943-1955 J&J b 1.75 3 Ms series S 1958-1960.J&J b 3.10 3 Ms ser V 1956-1961.—J&J b 3.05 3-3Ms June 15 1943-1962... 99 2.10 MASSACHUSETTS 1940-1952(tax exempt) Var 2Mb Dec 1 1940-1947 J&D 2Mb reg July 1 1940-67.. to 2.55 8 1941-1957 Elkhart 4 Ms WW *41-'75 A&O b 1.00 to 3.50 EvansviUe 4sref 1942 J&J Fort Wayne 4Ms '40-'57-A&0 57.00 to 2.55 % Fort Wayne School Dist— 5s 1950 opt 1940 J&J 5s Oct 1 1940-1943 b 1.00 to 1.75 5s 1952 opt 1942 J&J 2°25 Gary Sch City 4 Ms Oct 1943 5s Oct 15, 1962 op *52.A&O Hammon (City)— 5s Oct 15,1963 op'53A&0 15 4s O H 1942-1956—J&J30 b 1.25 to 2.85 % 5s 1969 opt 1959—F&A 15 Indianapolis— 5s 1972 opt *62 5Ms Track Elev '41-*47. J&J b 0.50 to 2.25 Lafourche Basin Levee— 4s Fire Dep J'ne 1 '41-J&J 0/75 5s 1956-1970. A&O 4 Ms 1941-1955 J&J 6 0.50 to 2.50 % Lake Borgne Dist Levee— Indianapolis 8 D— 5s Dec 1952 opt 1942..J&D 4s Blag Sept 1 1946—J&J 2.15 New Orleans—Public Belt— 3 Ms July f 1941 0.75 J&J 4 Ms 1941-1966 A&O So Bend 4^s W W '43.M&N 2.00 Public Belt Bridge Rev— 5 Ms 1941 —M&S 1.50 4s 1940-1945 A&O South Bend School City— 4s 1946-1956 A&O 4Ms Impt 1941-1948.F&A b 1.50 to 2.35 % 4 Ms serial gold 1940-45 IOWA 4 Ms serial gold 1945-60 4Ms 1910-1942 J&D 0.20 to 0.60 4Mb serial gold 1961-80 Cedar Rapids 4 Mb'49-'53M&N 1.90 to 2.25 4s Constitutional 1942.J&J Clinton Co 2 Ms 1942. .M&N b 0.60 less M 4s Pub Impt *52 opt '42.J&J Davenport Indep Sch Dist— 48 Pub Impt 1942 J&J 4MB 1940 M&N 0.25 less M Orleans Levee District— 4 Ms 1940-1941 M&N 3 Ms Ref 1940-1962—M&S 0.25 ,to 0.50 Des Moines 5s 1940-'57 4s to 2.40 4s Madlson(Kings H'way Bdi 4% revenue 1964 J&D 102M 103 M River Forest S D No 90— 4 M» 1940-1944 .J&D b 0.75 to 1.50 Rbckford 8 D No 205— 2.10s 1944-1958 F&A b 1.15 to 2.10 Rock Island (City of)— Bridge rev 4s 1964----F&A 100 M 102 Winnetka (Village) b 0.75 > 1.00 F&A ) 2.40 to ser J&J 1973 48 Water registd 1940-58-J&J 3 Ms 1956 ref (tax-exem)_J&.J 3 Ms gold July 1944 M&S 102 M 101M 4 Ms series D & E 1944-55.. b 1.30 5s series F Mar 15,1945-48. b 1.60 5s series K July 1,1947-49— b 2.10 to 3.00 ) 2Mb Dec 1.1910-1958 to 2.90 to 2.60 Net 2.50 5s 1969 opt 1949 g b 1.00 105 M b 2.70 J&J 1.85 to 2.20 > AMs Sewer to 3.15 Port Commission Refunding to 1.40 > > Montgomery Co— 4Ms 1940-1968M&N Washington Sub San Dist— 3Ms Wat & Sewer '87-M&N to 1.10 Ask Bid Bonds to 0.75 5s series A. B & C 1940-1943 b 0.50 4s Jan 1 1942-1956 b 1.10 3 Ms Jan 1 1957-1961 104 3 Ms ser Q 1943-1954—_J&J b 1.50 0.50 1.50 2.00 4s 1956 opt 4s 1956 opt 1941-1944 1945-1947 1948-1952 "Granite City 4 Ms 1940^8 J&D Jackson Co 4 Ms 1940-46-J&J La Grange (Village of)— b 0.50 To or Net Short Term Bonds— to 1.40 Long Term BondsRefunding 3 Ms 1942-'56.F&A 4s 1956 opt Water Ask LOUISIANA 4s 1955 opt 4s 1955 opt **4Ms Yield Basis To or Net to 1.25 % % to 1.00 % % to 1.60 % to 1.10 % 0.10 to 1.10 0.10 to 1.15 0.25 less 0.30 0.75 0.80 less less Highway Impt 1942_.A&Ol6 0.60 less less M M M M M % % STATE 96 AND Quotations for all securities are as near as To or Bid I 354 s 0.75 to 1.75 1.15 1940-1948 J&J to 1.50 1944-1946 Battle Creek— 6 0.75 less F&A 6 1.00 to 2.00 Tm 1940-1951—M4S b 1.00 to b 2.00 to 2.75 M&N 454s Sewer 1910 Battle Creek S D— 54' . 454s 1941-1949- 2.50 D W-A*0 4H» Sewer Detroit- _ General 3 54s 4s 4 100 —— — Ms 10054 10154 10154 10154 callable (Long) 10254 10254 10254 b 3.40 6s non-callable— Water 4s — 1 less 2.65 6 2.75 6 2.75 less 54 454s 6 2.80 lesslM 454s Refunding Water series D— 2.50 to 2.70 354s Oct 1 1951-1901—— 0.25 to 2.50 354s Oct 1 194 >-1950 2.50 less 1 3 54s Oct 1 1948-1950---0.50 to 2.50 4s July 1 1940-1947 3.10 less 1 Street railway 454s—-----less 1 Refunding 3 54? J&D 3.25 to 3.30 0.50 Refunding 4s 40-56--J&D General & Street Railway— 0.50 to 3.20 354s Oct 1940-59-——— % 3 % $7-02 General 3s Oct 11959-02— Water 254s Oct 1 1940-62-- 3.20 0.25 3.15 Refunding 254 s 1951-63 J&J Refunding 8 1941-50 J&J Refunding 4s 1941-60-M&N 1941-1953---J&J Refdg 354s 1961-62--M&N Rfdg354s 1940-19o2.J&J 15 Rfdg 3 54s 1953-1962. J& J J 5 354s Jan 1 1953-1963 --J&J 4s Jan 1 1.00 less % % 1 to 2.65 % lessl 54 to 3.10 1.00 to 3.15 1.00 6 3.25 to 3.15 6 0.50 6 3-20 to 3.15 less :s I 1 % 1 1 300 % 6 3.20 less 1941-1954-M&S 15 6 1.00 to 41- 60— Flint Union School Dlst— 6 1.00 to 3.00 1940-1954 M&S Grand Rapidsm 3s Sept 1 1941-1945-— M&S b 1.00 to 3.50 % to 2.CO % Flint 454a 5s (Mar 1 & Apr 1) % _ b 1.00 6s Grand Rapids School Dlst— 454s 1940-1943 M&S Highland Park454s April 151957— 554« May 1 1941-----454s School Nov 1 1954---Jackson 454s 1941-47--A&016 454s July 15 1955 Jackson Union S D— 454s 1940-1945—-—-M&N Lansing 454s 1940-1946—J&D Muskegon 454s 1941-44--J&J Muskegon S D 6s 1942—July b 1.00 to 1.50 % "2.50 1.00 l2.< 6 1.00 Yield Basis to 2.25 to 6 0.75 to 1.50 6 1.00 to 1.75 4 Ms 1943-1948 Kansas City— 6 0.90 to 1.90 4 Ms Various May 9 *41-72 6 0.40 4Ms Jan & July 1942-..J&J to 2.90 1941-1955 fc&O 4Ms Airport 1941-54—A&O 4s Airport 1941-1971--M&S 3 Ms 1941-1974 J&J 3Ms 1941-1974 -F&A 8Mb 1940-1955 A&O 3sl940-1957 J&J 3s 1954-1975 M&S 2Mb 1958-1975 J&J 2Mb 1956-1975 A&O Kansas City S D— 4s 1941-1951 J&J 4Mb 1941-1950 J&J 4Mb 1941-1950 J&J 4Mb 1940 J&J 5s 1941— J&J 3 Ms 1941-1951 J&J 2Mb 1945-1955——-J&J St Joseph 4Mb 1941-*45—M&S Refunding 4Mb May 11951 4 Ms 0.40 0.40 to 2.45 to 2.70 6 2.20 to 2.50 to 2.30 to 2.50 to 2.10 0.30 to 2.10 0.30 to 2.10 0.30 6 0.30 F&A M&N M&N 1941-1948 4s 1941-19513s School 1941-1954—F&A 2s Feb 11958-1959 F&A Public Bldg & Impt— 3 Ms 1941-55 S25 4Mb Water *40 to '60-M&N 6 0.75 to 3.00 4Mb 1942-1969 .J&J 6 2.00 to 3.70 6 2.75 to 3.90 4s 1945-1970 Camden Co— 4Mb 1940-1970 J&J 6 0.50 to 3.70 6 2.20 to 3.65 4s 1944 -1968- CaMZool 1.70 —F&A 1954-58 to 1.75 Refund 4-4 54s 1964 opt 1937 4Mb School June 1 1955—— Saginaw 454s 1940-1949--F& A 454s Sewer 1940-1951-J&D Wayne County— Covert roads ----454s Airport April 1 1948— --- MINNESOTA to 0.85 to 1.75 MONTANA Funding bonds— 1.25 4s opt '44. 1941-1953—J&J 6 1.00 to 2.00 % 6*0.75* to 2.00 Highway debentures— 6 0.751 to 2.10 6 0.50 to 0.75 4Mb Dec 31 1940 Daniels Co 5 Ms 1940——J&J 6 1.00 to 2.50 3.00 6s 1941 opt 1940 J&J 2JOO Great Falls— 4Mb Wat & Sew *40-*50-J& J 6 1.00 to 1.90 % 3.50 68 54 1.95 % 54 less less 54 to 1.90 MISSISSIPI Impt 1941-1946 M&S May 1 1940-1950Impt 1953 J&J Flood 1940-1953--A&O Highway 1950-1959.F&A Biloxt 654a 1041-1943-—A&O 554s 454s 4M« 45*s 354s 0.50 0.50 1 » >"0.50 105 Callable bonds...--—... 100 Non-callable bonds 105 Greenville 5s fund '43-*50 F&A 6 1.75 Jackson 5M« 1941-1954.A&O 6 0.50 454s Jan 1 1941-1952 6 0.50 454s 1940-1952— M&N 6 0.50 Jones Co 6s 1940-1942—M&N 6 0.75 1940-1953 -M&N 6 0.50 to 2 00 % McCook County— 4Mb School 1941-1944. b 1.00 to 1.50 % North Platte Sch Dist— 4Mb 1940-1959 J&J 6 0.60 to 2.75 % to 2.40 to 2.40 .75 to 0.75 2.50 to 2.60 2.60 (to J&J 4Mb 1941-1955 to 2.25 to 1.80 NEW to 1.75 to 1.80 6 0 75 to 2.50 to 2.10 - to 1.60 to 4s Impt 1 1.25 % 1 to 2.80 less 0.5C to 0.65 to 1.00 to - 0.15 0.15 0.15 to 2.00 to 2.25 A&O 1940-1956.F&A 1940-1951 3 Mb Bridge Nashua— NEW to 2.85 to 1.75 1.50 2.80 J&J Ifeo Mar 1941 to 1942 4gsNov 1940 to 1941. Nominal. 4 Ms Mun Bldg 1940-70 ] 6 0.25 to 2.90 75 „ % Gloucester City— 4Ms 1940-1960 _ 85 88 J&D 5Ms Water 1941-1963-1" Gloucester Co— 6 4 Ms B ldg& Rd '40-*45 J& Hackensack4Ms 1942 I 4Ms Imp 1941-1942—J&J & 6s 1941-1954--.—..F&A b 3s 1940-1966— M&S b Hamilton (Township)— 3Ms sewer 1940-1978—J&D b Hoboken 5s 1940-1954 J&J[b Hudson County— I 4Mb 1940-1978 M&N15^ 4s g Park 1954 & '59_M&N,& 2Ms Apr 1 1941-1959. ]b 0.25 to 1.25 200 0.50 to 1.00 1.00 to 3.25 0.75 to 3.25 . 0.50 to 3.50 1.00 to 3.90 I ^ 0.35 to 3.30 2.75 to 2.85 0.30 to 2.70 M&N b 0.30 to 2.75 . Hunterdon County— 4Mb Road & bldg *41-'40J&J b 0.25 to 1.50 Irvfagton 5s School 1963.J&D 4Mb 1940-1959 J&D b 0.25 to 2.80 % Jersey City— 6Mb 1942-1953-—1—A&O b 2.25 to 4.00 fio . to 1.90 5Ms 1940-1970— J&D to 4.20 to 4.00 .50 3.25 to 4". 10 r°8Q to 3.85 3.75 to 3.65 to to 87 3.10 to 2.50 0.25 to 0.25 0.25 to 3.25 0.25 to 2.40 90 to 78 2*75 Ixmg Branch 5s 1943 M&N 6 99 to 94 Lyndhurst 4-5Ms— Maple wood (Township)— _4s 1940-1967 —.J&D15 6 0.25 to 2.50 % 0.20 Middlesex (Borough)— 3Ms 1941 to 1967. 0.25 J&J 6 1.00 to 3.50 % Middlesex County— 0.25 to 1.40 4Ms Road 1941-1944—F&A 0.20 0.25 to 1.90 0.25 Imp 3s Nov 15 1940-1948— 0.25 Monmouth County— 4 Ms Mar 16 *41-50—M&S 0.50 to 2.60 0.45 0.50 to 2.60 4Mb Rd & bdg '40-51F&A15 0.60 .25 0.80 Montclair4Ms Sch 1941.A&0 1.10 4Mb High sch bldg *44. J&D 1.60 2 Ms May 16 1940-1970 6 0.25 to 2*40 % 0.25 Morris County— 0.40 4Mb 1942 opt 1922 0.20 J&J 3 Ms 1940-1949-.---J&D15 b0.25 to 1*75 % 0.20 , Construction— A July 1940-1960.. 4Miseries B July 1940-1967 4s series O April 1941-1969. 2MsseriesD May 1940-1970 N. J. Emergency Relief 41. 3 Ms Jan 104 5s May 1940 to 1941— to 2.60 5s July 28 1940-1960— , JERSEY 3 M* ser to 1.25 ,40 Linden 2Mb 1940-1956—J&D Lodi 5s 1941-1947 J&J 4Mb E of *20 July '54 opt '39 4Mb F of *20 Jan '55opt *40 4 M® A of '24 Jan *65 opt *40 4 Ms B of *24 July '65 opt *40 4 Ms O of *24 July '50 opt *41 4 M» ser B of *30 July '40-,e7 6 0.20 3 Ms ser O of'30 Nov *40-'69 6 0.25 Institutional to 2.25 Fairview 5s 1944........ Glen Ridge— to 2.20 3s H S 1941-1950—J&J 6 0.25 to 2.75 to 3.10 to 2.90 Kearney— 4Mb Water 1940-70-J&D15 4Mb Sch impt '40-'52.J&D 2.00 to 2.80 6 0.25 to Bridge bonds4Mb Series D July 1940 4 Ms series E Jan 1941..... Road Bonds— 4 Ms series E July 1940—... to 1.60 % 4 Ms series F Jan 1941 to 2.50 % 4Ms series G July 1941.... 2.70 4s series H July 1942— to 2 .76 4s series I July 1943 107 4Miseries A of '27 July 1944 4s ser B of *27 July 1950— Soldiers Bonus 5s July 1941.. Highway Extension— to 2.85 „ to 2.90 ..F&A 0.20 % to 2.85 Hospital 1946 0.20 to 2.75 % to 2.60 % to 2.80 4s Essex Fells (Boro)— — to 0.50 % M to 2.60 to 1.15 Manchester— to 1.30 less — 2Mb Sewer 1940-1956-M&N 4Mb U S D 1940-1965-J&D Keene 4 Ms 1940-1942 .M&N to 1.60 less — ills to 1.80 to 2.75 5s 1940-1969 A&O 6 1.00 4Ms School 1940-1958.J&D b 1.00 4Mb School 1945 ..J&J 4Mb Water 1961 A&O 4Mb 1940-1967 J&D 6*1.00 4s Refunding 1949 F&A 4s July 1 1940-1953—— 1.00 1.50 Gen ref 3Ms '4l-'54..F&A 1.00 3Ms, 1940-1956 J&D 98 KeansburgSM® 1940-59.M&N Concord— Vicksburg— 5s Pub Imp 1940-1948. F&A 6 0.50 to 2.60 % Yazoo-Miss Delta Levee Dlst5s 1940-1964 M&N 6 0.50 to 2.80 454s July 1949———J&J 2.20|% 0.15 J&J 0.15 4Mb Highway 1940-1943-J&D 3 Mb Refunding 1942-1944 J&J 0.35 Highwayw1941-1946 M&S 6 0.25 1.25 n 6 2.40 HAMPSHIRE 4s July 1940-1948— to 1.25 Mississippi Levee District— 6s May 2 1944 —M&N / Flat price. 6 2.30 b 2.25 0.60 % 2.15 % 2.00 % 6 0.75 to 2.25 to 1.75 to 2.75 2.65s 1941-1970— 4MS Wat wks Dec 15 *41 J&J 4Ms May 1 1956 M&N 5s 1948 -J&D Omaha SD 4 Mb May 1*55M&N —M&S 6 0.50 to 1.00 % 114M 116M M&S 4Mb 1941-1969—J&D 6 0.25 5s Sewer 1941-1960—.J&J 6 0.25 6 0.25 3 School 1940-1974—J Elizabeth— Omaha— York School District— to 1.90 454s School House 1941 J&J 6 Basis. 2.50 % 4Mb to 1.00 Meridian— 6s July 11953— Beatrice S D 5s 1941-54—F&A 6 0.50 to Lincoln School District—- to 1.00 to NEBRASKA Douglas Count*— 5s Highway 1940-40—A&O 6 0.40 to 1.50 % Holdrege 3 D 5s 1941-52.J&D 6 0.75 to 2.40 % to 2.25 1940.1943,1945,1946. 1947, *48, *49,'50—J&D 0.50 454s 1941-1952 A&O 0.50 4s 1944— A&O 354s 1940-1941 M&N 0.50 3s 1940-1959 A&O 0.50 2.60s 1941-1960 A&O 0.60 254s 1940-1967 M&S 0.60 2.30s 1940-1947 M&S 0.50 254s 1910-1958 M&N 6 0.25 2 20s 1942-1959 J&O 1.25 2s 1941-1940.. A&O 6 0.50 1.90s Oct 1 1940-1946-A&O 0.50 1.80s 1940-1943 --F&A 0.60 154s 1944-1948 F&A 1.30 1 70s 194(R949._ J&J 0.50 Ramsey County 154 Mar 1 1941-1949--M&S 0.60 2 Ms 1940-1947. F&A 0.50 454s 1940-1950 —F&A 0.50 454s Rd & Bdge '40-'44M&N 0.50 4 54s Rd & Bdge *40-*43 J&D 0.50 St Paul— 6s school July 1 1951—J&J 6 2.75 454s W W 1941-1942-A&0 0.50 6s School July 1 1951—J&J 6 2.60 6s Gen'1 impt 1941-62—J&J 1.00 454s Sewer July 1 1943-J&J 1.25 454s 1941-1959 J&J 1.00 4s 1941-1961 A&O 0.50 2.60s 1940-1957 J&D 0.50 fbo less to 82 to 95 6 0.25 1941-1957— j 6 0.25 5Ms Dec 1 1940 1946. 6 0.40 6s 1941-1972--.. 6 0.25 -nglewood 5s 1941-1944. _j Essex County— 4 Ms 1941-1960 M&0i« 6 0.25 100M 1.00 354s July 151943 —J&J 1.50 254 trunk h'way *47-61--M&N 1.85s Rural Credit ctfs 1941— 0.50 2s Rural Credit ctfs 1942—0.75 Duluth 4 Ms 1940-1947—J&J 0.50 4s 1940-1946.--J&J 0.50 Hennepin County— 454s Sanitorium *40-*42 J&J 6 0.50 454s Hospital '40-*41 MAN 0.50 Minneapolis— 6 Com 4 Ms I 1 Joint 6 0.25 I Pontiac— Port Huron 454s 1942———— — East Orange— %r M&N J&J15 River 1940-1945 4mb 1946-1973- to 1.50 to 1.60 0.30 0.60 2s - 4 Ms to 1.50 University City— 4 Ms 1941-1943 4Mb 1942-1949 M&N 2Mb 1951-56 _ 1941-1951.M&S Pbila-Camden Bridge— to 1.75 0.30 to 1 70 1.50 to 1.70 1.50 to 1.70 0.30 to 1.75 -A&O to 0.40 to 0.60 to 0.40 — to 1.15 0.30 0.30 0.30 0.30 To Net Unemployment Relief— lMsser A 1942-1949, opt 1942 J&D 6 0.25 to 1.25 % 1Mb ser B 1943-1950, opt 1943 M&N 6 0.35 to 1.30 % Asbury Park (City)— Refunding 4s I960 79M 80M Atlantic City— 75 M 74M 2M-4MJ* Jau 1973 Water 3-4 Ms Jan 197396 M 98 Atlantic County— T 6 1.50 to 3.60 % 4 M? Bridge 1941-1957-A&O Audubon (Boro)— 1.00 to 2.50 6s July 1 1940-1944 5 D 4 Ms 1941-1955—-&&S 1.00 to 3.65 Bayonne 5s 1941-1949 J&J 6 2.00 to 4.00 4Mb 1940-1955 F&A 6 1.00 to 4.00 4 Ms School 1940-1966.F&A 6 1.00 to 4.10 Belleville 5s 1940 & '44.M&N 6 1.00 to 2.50 3s Refunding'40-'60_M&N 6 1.00 to 3.10 Belleville S D 6s *40-*44 M&N 6 1.00 to 2.50 1 Bergen Co— 0.25 to 0.50 5Ms Dec 1 1940-1942.J&D 0.25 to 2.751 5Ms Dec 15 1910-60-J&D15 SsDec 15 1940-1955-J&D15 6 0.25 to 2.60, 0.25 to 2.751 Bloomfield 4Ms 1940-69J&D15 0.25 to 2.40 2 Ms School 194M969-M&S 0.25 to 2.00 Bogota 4 Ms 1940-1946—J&D 0.25 to 1.00 % Bound Brook 4 Ms *40-*42 J&D Bridgeton (City)— 4 Ms 1940-1958 J&D 6 0.75 to 3.50 % Camden— 5 Ms 1940-1961 —-F&A 6 1.00 to 4.25 to 2.10 6 0.40 Ask 6 0.20 6 0.25 2M Jan 1941 to 1943 Ed Aid 4Msser A Jan 1941-42 6 0.25 to 2.00 6 1.10 Bid N. J. Emergency-Concluded 3 Ms May 1940 to 1942 Delaware St Louis— 4Ms 1941-1953 4Mb 0.40 to 2.40 0.40 to 2.50 0.40 to 2.75 0.40 to 2.75 0.40 to 2.70 6 2.25 6 2.20 Bonds Net MISSOURI 1.55 to 1.65 % 414s Road 1948-1050—-M&S 0 60 to 1.20 4M« 1943-1946 M&S 0.60 to 1.30 4s 1943-1947 M&S 4s Road 1944-1948 0.80 to 1.65 A&O 1.45 to 1.70 4s Nov 1 1048 1952 M&N 1.40 to 1.60 3Ms 1948-1952 J&J Road 1941-1942 0.30 to 0.50 1.65 to 1.75 3s Road 1963-1967 J&D 3s Building 1941—.J&J 3s 8tate Bldg 1941-1944.F&A 6*0.25 to 0.80 Buchanan County— Ret 3s 1943-1956 .-J&J 6 0.75 to 2.25 Jackson County— 4s 1941-1951 J&J 0.40 to 2.10 4 Ms 1941-1950 0.40 to 2.10 J&J 0.40 to 2.10 4 Hs 1941-1950 J&J16 4Mb 1949——— J&D 0.40 to 2.15 4Mb Road 1941-1952—J&J 4 Ms Court h'se *41-'52 J&J 0.40 to 2.15 Joplin (School District)— Springfield 4Mb *40-*49--M&N 3%00 1.75 6 1.00 Ask Bid or To or Bonds Net Ask Ann Arbor— W W ref 4 Ms BONDS Yield Basis Yield Basis Bonds MUNICIPAL possible for the closing day of the month preceding the date of issue 0.20 0.20 0.25 to 2.35! to2.35j< 2.25' 6 0.20 6 0.20 to 6 0.25 6 0.20 to 2.35 to 2.35 to 2.35, '0.25 6 0.20 to 0.30 % 6 0.20 to 0.30 % 6 0.25 to 0.40 % Morris town— 4Mb 1940-1942 J&D 4s 1940-1969 M&N Neptune 4Mb 1941-1955.F&A Newark— 6s 1941-1972 M&S 5Ms Oct 15 '40 to'59 A&015 5s 1940-1958 J&J 4Mb 1940-1983 F&A 4Mb School Dec 1 '45..J&D 4s Sch house 1959 opt 1949 4s Pas Val sew'61 op 51 J&D 4s 1940-1970— J&D 6 3Ms Track elev 1954—F&A1 3Ms 1940-1960 .—M&N b 2Mb Jan 15 1941-1076—J&J b 0.25 0.25 to 1.00 2.00 to 4.75 0.75 to 3.90 to 3.10 0.75 to 3.75 0.75 0.75 to 3.50 to 3.85 J.40 3.00 - 13.10 0.25 0.25 0.25 to 3.25' % to 3.10 % MAY, 1940] STATE Quotations for all securities are as AND MUNICIPAL BONDS near as Yield Basis Yield Basis To or Bonda Ask Bid Bonds Refunding 4s .......... to 3.25 3-20 82 North Bergen ref 4s-4H* 90 Nutley (School District)— 4Xs 1941-1942 F&A ft 0.25 2)4s 1940-1969 1)48 1941-1979 4>4s 1943-1967 -F&A b 1.00 F&A 98 4Xs Impt May 15 1940-'56. 6 3.50 to 5 00 Ocean Co 4Xs 1940 50.J&D b 0.75 to 3.10 Orange— 4Kb Sewer 1940-1964.A&O b 0.50 to 3.25 % _ Ocean CitySs 1944... 5s Impt 1940*1948....M&N & o 50 4Xb Refunding 1944 M&N 4 Hb Water 1940-1970-J& J 6 0.25 Passaic County— 4Xb 1940-1946 4 Hb 1940-1968 to to 4or fi/Yn 6Xs 1940-1959. 4Mb Feb 1 1945 4Xs 1940-1967 Perth Am boy— to 3.40 to Somerset County— .J&D 6 0.25 454b 1910-1949 454s 1910-1952 J&J 6 0.25 South Jersey Port District— Marine Terminal— 454s 1940-1973 A&O 1.25 South Orange— 4s 1940 to 1944 1941-1962—— 454b 1940-1969 4 54s 1940-1968 % to 1.25 254 b gen fd & ref '41-68 F&A 25481940-1954 M&N Union City 454s 1940-'64.J&D Union County— % % % 3.00 % 0.35 3)48 1940-1964 to 3.10 6 0.50 6 0.50 to 3.00 6 0.50 to 2.90 to Oortland 1.60s to 2.75 6 0.75 to 3.80 to 1.70 to 6 0.75 to 6 0.25 to 2.90 6 0.25 to 2.90 6 1.00 to 4.65 6 0.50 to 3.00 4s 4s 4b 4s Canal Jan 1962 4s Highw Imp Mar 125 to 3.00 to 3.25 70 96 100 to 1.00 to 2.25 2.10 2.10 6 0.25 2.60 % to 2.60 % to 2.40,% to 1.65 % to 6 0.25 to 2.30 6 0.80 to 1.75 % % 1.90 % 6 0.45 to 6 0.25 to 2.25 % % 6 1.00 6 0.25 6 0.40 6 1.00 6 2.00 6 2.00 6 2.05 6 2.05 6 2.05 6 2.05 2.10 0.90 to 1.40 0.25 0.90 1.90 1.90 1.95 1.95 1.95 1.95 1.95 2.10'% J&D 5 0.50 to 2.05 6 0.25 6 0.25 2.00 2.00 2.00 to 1.40 to 1.90 6 0.25 to 2.20 6 2.10 4s May 1959 4s serial 1958 5 0.25 to 1.80 5 0.30 to 1.85 50.35 to 2.60 to 1.05 to 1.90 5 0.50 5 2.50 5 0.75 5 1.00 City 4)481940-52.J&J 5 0.50 (T)— 4s 1940-1951 J&J 5 2.00 Greenburgh U S Sch Dist No 9 4.40s 1940-1965J&D 5 1.75 Groton 6s Wat '40-*50—M&N 5 1.10 Harrison (T)— to 2.70 to 2.35 to 1.90,70 % 2.00 % to 1.95 to to 2.50 % to 3.25 % to 2.85 % to 3.00 % to 2.75 Greenburgh to 3.50 % 3X« Aug 1 1940-1978-F&A Plan 1940-1973 2Mb 2Mb 2Xb 2 Xs B July 15 1969 1940-1953 1940-1979. X.90s 1940-1964 J&J Middle port 4.35s '40-'42.J&D Mineola (V) 4.40s 1940-68 J&J Monroe Co 4s 1941-1944.F&A 3.90s Co Bldg *41-'50—F&A 1 Mb Jan 15 1941-1942.J&J Mount Vernon— 4Mb 1941-1943 A&O 5Ms 1941 A&O 4Mb School 1902-73.-M&N 4s Sewerage 1950-55--M&N 2Mb 1940 to 1956 M&S 3s 1940 to 1946 M&S Nassau County— % to 3.25 % to 2.75,% to 3.00,% % 2.75 % 3 00 % to 2.00 to to 92 1.00 to3.75 % 1.00 1.25 to 3.75'% to 4.00,% % 5 1.25 to 2.00 5 0.75 to 3.75 5 0.75 5 0.75 to 2.50 5 0.75 to 1.50 2s Mar 1 5 3.25 to 3.00 5 1.00 to 3.00 M&N b 0.75 A&O b 0.75 J&D 6 0.75 J&J 6 1.75 J&J 6 0.75 F&A 6 0.75 to 2.75 3Xa 1944-1961 July 1 1940-1964 to 3.50 to 3.00 6 0.75 to 3.25 to 3.00 6 0.75 to 3.25 Newburgh— 4s Wat Impt 1942-1963.J&J 6 1.50 4Mb Wat Impt 1940-41.J&J 6 0.50 to 2.50 to 1.50 to 98 3.20 99 0.25 to 3.00 to 3.00 to 3.05 99 95 X 94 X 94 X 0.25 to 2.90 % 95 90 0.25 to 2.50 0.25 to 2.90 0.30 to 1.75 0.25 to 1.25 1.75 0.30 2.40 to 0.30 to 1.75 0.30 to to 2.50 1.70 2.25 to 2.40 0-50 to to 1.60 0.30 Par 0.30 1.10 to 2.25 to 1.00 to 2.60 to 3.00 to 3.10 to 1.10 to 1.70 to 1.75 0.20 to 2.00 0.30 to 2.25 Par to 2.25 0.30 to 2.00 0.50 to 1.00 4Xs Water 1940-1969.A&O 0.50 Oswego 5 Mb 1940-1946-M&N 0.50 Oyster Bay Water Distrect— 4s 1940-1950 J&J b 0.50 Pelham (T1 Un Fr Sch Dist No 1 4.60s 1944-1966 1.50 Poughkeepsle 4Xb '40-52 J&D 0.40 4s School 1940-1959—M&S 0.40 1.40s 1941-1960 M&N 0 15 Port Jervis 4Xs 1941-'69.J&J 0.50 Port of N Y Authority— Gen & ref 4s May 1, 1975— Gen & ref 3 Xs % % % to 3.00 to 1.75 to 2.30 to 3.00 to 1.90 to 2.30 to 1.60 to 3.10 106X May 1, 1976 104 103 99 X Fourth series Inland Terminal— 100 100 4Xs series D 1941..M&S 4M sser D 1942-1960-M&S Holland Tunnel — 4 Xs series E 1941—M&S 4Mb ser E '42-'60—M&S 0.50 107X 0.25 O.50" F&A b 0.50 b 0.50 0.25 2.50 % to 2.60 % to to 2.25 b 0.25 to 2.40 b 0.20 to 2.20 b 0.20 to 2.20 b 0.20 b 0.20 to 1.40 to 2.00 to 1.35 M&S b 0.40 to 1.50 to 1.40 to 1.30 J&D Rome 4.10s 1940-1950--M&N 1.80s 1940-1945 —M&N Rye & Har'son Un Fr S D No 0 4.40s 1940-1953 --F&A to 2.75 to 3.25 6 0.75 105X 105X 0.25 0.25 98 Oneida 4s Water '41-*45—J&J Onondaga Co, 4 Mb *40-47A&O 4Xb 1940-1945 Rockville Centre (V)— 4.15s 1940-1952 to 3.50 6 1.25 2.80 108 X 108 X 2.85 % 107 X to 2.40 lXs 1941-1950. 1.20s Jan 15 1941-1950 J&J b 0.20 Rockland Co— to 3-00 6 2.25 0.60 b 0.20 M&S b 0.30 to 2.25 4 MB 1941-1944 4s 1940-1947 2.70 0.20 4Mb Highway 1940-58-F&A Rochester 5s 1941-1962—F&A 4Xs Pub Imp '40-'58-F&A 4Xs 1941-1959 M&S 4s Imp Sch &c '41-'47-J&J 2Xb 1941-1957 M&S 1.70s 1941-1948 F&A to 4.00 5 1.00 to 2.60 to 3.20 1941-1949 1941-1954 Rensselaer County— to 4.00 to 3.00 0.30 Niagara Falls S D— 4Mb 1940-1960 F&A 5 0.20 No Hempstead S D No 7— 4Xb 1940-1942. J&D b 0.50 2.40s 1941-1967 M&N b 0.50 North Tarrytown— 4Xs Water 1940-64—A&O 0.40 4Mb 1947-1972 J&J 1.90 4s to 1.75 to 6 0.25 0.35 Putnam Co 4Xt '41-'51.A&0 b 2.50 5 1.00 5 1.50 5 3.50 5s 1940-1943— . % to 2.75 112 104 Gen & ref 3 Ms Aug 15 1977 Gen & ref 3s Dec 15 1978— Gen & ref 3s Dec 15 1976— 95 93 111X 112 X 104X J&J 3.501% 1.10 115 6 3.00 106)* - 3.60,% 1.00 1.00 0.40 1.25 0.75 % 120X 121X 115X 107 .T&D — to % 119X 120 J&D to to 2.50 119 to 3.35 6 2.30 J&J15 5 0.75 to 3.00 118 6 2.90 6 3.00 107 ..J&D 1940-1979 1941-1954 M&S 5 0.75 Hornell 4 Mb 1940-1947—F&A 5 0.50 Hudson Rlv Regulating Dist— 1.00 116)* 117 M 117M ?25 J&D to a-ou 3.50 1940-1965J&J 5 4.70s 1940-1965 J&Jj6 Huntington (T) 4s '41-'52-J&J 6 Islip 4s 1941-1951 M&S 6 Ithaca 4Mb 1941-54 J&J 6 Jamestown 4s Mar 20 '43 A&O 6 Lackawanna 4 Mb '40-'54M&N 5 Long Beach 5 Mb 1953 68 1947 Beach acquisition.. Ma maroneck (Town) 4Mb 1940-1964 ——J&J 5 Mamaroneck UnFSD No 1— 6Ms May 11940-1952.M&N 5 % 120 X 6 0 50 6 1.00 _ 5 0.75 4Mb 123 X to 3.15 113X 113 X 6 0 35 Ossining4Xs 1940-1942.M&S 6s 119X 126X 1.90 3Xs serial 1941-1979—F&A 3s Rap Trans 1947-51 _F&A 3s corp stock Jan 1 1977 J&J 3s Serial 1940-1968 J&J 3s serial 1940-1969 M&N to 3- 60 /o 123 1950-53 M&N b 2.60 to 2.85 3 Ms Corp stock July 1, '75102 100M to 3.60 F&A 5 1.30 119 112 3 Mb Corp stock July 1 '75 3Xs Corp stock 1940-1954. 3 Xsg exempt 1941 M&N 3Xs exempt 1942 M&N 3 Mb R T 1948-1950—M&N 3Xsg exempt. 1952 M&N 3 Xsg exempt 1953 M&N 3Xsg exempt 1954—M&N 3 Xsg Water ex 1954. M&N 3 Mb exempt 1955 M&N 3 Mb stock Apr 1,1954.A&0 3 Xs Corp stock Mar 1,1960 3 Xs Corp stock Jan 15.1976 3Xs reg Corporate stock 5 1.30 1941-1980 Hempstead (T) 4 Mb'40-59 A&O Hempstead 4Mb 1940-65 M&S 2.30s 1941-1967* J&J Hempstead tin F 8 D No 1— to 3.25 122 121 122^ 3.70s 1941-1951 A&O Ref 1.90s 1941-1957--F&A 2.10s Feb 1 1941-1968 1.70s 1940-1968 J&D Ontario Co4s 1940-1951.M&N to 4.00 3.25 3.75 2.50 1175* 124 X 121M .M&N 2Xs Serial 1941-1946.F&A 2Mb assessm't 1940-44-J&D Niagara Falls— 5 Mb 1941-1948 M&N 4.15s Sewer 1965-70. _M&N 4.10%Sewer 1941-1950. J&J 4Mb Wat May 1 '41-48M&N 3.95 Nov 1 1961-1970-M&N 3 Xs 1942-1945 M&N to 1.40 to M&N 112 J* J&J 6 0 35 to 3.30 J&J15 6 0.35 to 3.00 1940-1963 4s 1940-1954. 2.60, % % to 3.25 to to 117X M&N Plan I 3s 1941-1950 3.40s July 1 1941-1945.J&J 2Mb 1940-1956 2Mb 1941-1957 F&A 2.40s May 1 1940-48—M&N 2.20s 1940-1959. M&S 6 2.10 6 2.10 Nov 3s serial to 1.95 1.95 4s Net ^ 1.00 0.75 0.75 0.50 120X 119X 38 corp stock Feb 1 1979 Transit Unification Issue— 3 % Corp stock 1980— 2.85,% A&O b 0.30 M&S 5 2.85 Free port— 4.20s 1940-1945 M&N 4.20s sewer 1946-1960.M&N 4Mb 1940-1951 M&N 4.40s 1940-1950 M&N „ 6 6 6 6 Ask 6 0.35 118)* 115X 116 116X 116X 117M 118 6 0.40 1J8M 4XsNovl5,1978~M&N15 119X 4Xs Mar 1, 1981 M&S 120 4b Oct 1,1980 A&O 114X 4s May. 1977 M&N 113 M 4s Nov 1955 M&N 109)* 4b Various 1956 M&N 110X 4s Various May 1957-M&N 11IX to 2.80 % 5 0.30 5 1.60 Garden New Rorhelle— 5s 1940 1950 M&N 4 Xs 1940-1965 M&N 4Mb 1940-1963 M&N 2Mb 1940-1947-M&N New York City— 4Mb June 1965 J&D 4Mb 1963 M&S 4Mb May, 1957 M&N 4Mb Nov 1957. M&N 4Mb Dec 1, 1979 J&D 4 Xs Corp stock 1967--J&J 4Mb Corp stk 1971 -J&D 15 4Mb July 1,1940 to 1955.„ 4Mb Jan 1, 1977 J&J 4Mb 1960 —M&S 4Mb Mar 1. 1962—M&S 4Xs Mar 1,1964 M&S 4Xs April 1,1966 A&O 4Mb Apr 15,1972 A&015 4 Mb Rap Tr & Wat '74 J&D 4Mb Feb 15, '41-'66.F&A15 4Xs Feb 15,1976—F&A15 to (City 194oS4 1.45'% 6 0.25 % 2.00 2.00 % to 2.80 % % 6 2.10 6 2.10 / Flat price. 1.60 % to 2.45 to 2.25 3a 1967--J&J 4s Highw Imp Mar *67-.M&S 4s Palisades Park 1967 M&S 4s Bldg constr '40-'49 M&S 4s Apr 15 1940-1955—-. A&O 354s Mar 15 *41-'81—M&S 15 6 0.25 6 0.25 % % to 2.80 1.95 1965 to 1.55 % % J&J:& 0.30 J&D1& 0.30 6 2.05 6 2.05 J&J 6 2.05 1962 M&S 6 2.05 4s due Jan 1 1966 4s Canal Imp Jan b Basis. 1.75 2.20 2.20 2.25 J&J 6 2.15 J&J 6 2.15 High Imp Mar 1958.M&S High Imp Sept 1958.M&S High Imp Mar I960-- M&S Canal Imp July 1960 J&J Canal Imp Jan 1961 J&J Canal Imp July 1961..J&J Htahw Imp Mar 1961 M&S Palisade Park 1961...M&S 4s due Sept 1 1.75 2.00 2.25 67 M&S 6 2.15 4s g 4s g 4s 0.75 2.10 Bar it Canal 1945 J&J 454sBonu8 1940-1949 A&O 4s Canal Term 1942 J&J 4s Canal Term Jan 1946--J&J 4s to 4.25 6 1.00 M&N b 2.50 is to 2.10 6 2.80 4s 1945-1953 M&S 5 1.75 2.90 March 1. 1941-1947.. 5 0.30 1.90s Feb 15 1941-50.-F&A 5 0.30 Essex Co 4s 1940-1956 M&S 5 0.30 3-50 M&S 6 2.15 Canal 1964 Canal 1965 to 1.70 % % Elmira— 98 5s Jan & Mar I 1941-1945 6 0.25 5s Jan & Mar 1946-1970—- 6 1.10 4s to 2.50 6 0.75 YORK Highway 1965 5Xs 1960- to 2.60 4Mb Water 1940-1945-A&O 5 0.20 County— 4Mb 1940-1959 .J&D 5 0.25 to 2.10 / ls 2.10,% to 1.80 to 2.00 Erie 5s Water Works 1962 -J&D 120 454s 1940-1950 ...J&J b 1.00 454s 1910-1950 J&J b 1.00 •8 % 2.25 % 1.70 % F&Aj6 0.30 Cortland Co 4Mb '40-'51.J&J Delaware Co 4.20s '41-'52A&0 Dutchess Co— 4s 1941-1940 M&S 4s 1947-1954 M&S East Chester— 4Mb 1941-1958 F&A 9914 6 0.50 Albuquerque— is 1941-1959. s to 3.10 to 3.00 6 0.50 to 6 1.75 6 0.40 6 0.25 Corning 6 0.50 J&J b 1.75 454s Highway 1963 6 0.25 3 Mb ser F 1940-64—M&N 6 0.40 Columbia County H'w'y deb *48-*49—M&N b 2.50 3s Jan 1 & July 11949-1952... b 2.75 254b H way deb 1944-45.M&S b 2.40 254b 1946-1951 J&D b 2.50 254s H'way debs 1951-52.A&O b 2.50 2548 H'way debs 1953-54.A&0 b 2.75 NEW 1941-60 4Mb Middle Rio Grande Conser Dist 554b 1940-1973—F&A Socorro Co 5s 1941 op '21.A&0 to to 210 MEXICO 354s H'w'y deb '48-'47 M&S 6 0.35 M&N 6 0.25 -J&D 6 0.25 to 3.25 6 1.90 3 548 to 6 0-50 6 0.50 to 2.30 J&D 6 0.25 M&N 6 0.25 6 0.25 Union Township Sch Dist— 454b 1940-1968 J&J 6 1.00 Ventnor City refunding 4-5 54" 95 Vineland (Boro)— 554s 1941-1950 M&S 6 0.25 Weehawken— 6s Highway 1941— 1941-1978 Sewer Authority— 4s 1941-1964 to 2.90 A&O 2.808 Gen Impt B June 1 NEW 2.35) % to 125 4s Oct 1 1942 354b 1941-1951 opt *40. A&O 3548 1941-1979 J&J Westfield— 5s June 15 1940-1960—J&D 4 J4s 1941-1966 A&O West New York— 454» Oct 1 1940-1968—A&O 5- School 1940-1961—M&N West Orange— Gen ref 3 54b 1941-9959 A&O 2.4o'% to 2s 454s Oct 15 1940-1952 6 0.25 454b Rd&Bdge'41-'47.F&A 6 0.25 1950-1965 2.00i% 5)4b 1944 J&D 15 6s 1941-1950 M&N 4Mb 1940-1967— A&O 4s June 15 1060 J&D 4s 1940-1958 J&J 3.40s Nov 15 *40-'55—M&N 3.10s Oct 15 1940 46-A&0 2.60% Relief 1940-45—J&J 2Mb Oct 15 1940-56—A&O 2.20s Jan 15 1941-1947-J&J 2.10s 1941-1949 J&J 2s 1940-1959 J&J to 3.00 6 0.25 0.25 2.30 % to 0.50 % to 2s Mar 1 1941-1956 Buffalo— 2.75 6 0.25 2.60 Binghamton— 4Mb Oct 1 1941-1971—var. 6 0.30 to 2.90 4 54b School 1941 F&A 454s Imp & sch *40-'60-J&D Sussex Co 4 54s '40-'44 M&S 4s Impt 1940-1955— .M&N Tenafly 4548 1941-1963—F&A Trenton— 654b 1941-1951 A&O 5s School 1941-1955—.A&O 454b 1941-1966 F&A 4 54b 1941-1960 F&A 3s 1941-1970 A&O Q-60j % 0.65,% 0.75 4s 1910-1972 M&N 6 0.25 Auburn 1.60s 1940-1958.F&A 6 0.25 to 2.00 to 0.50!% Albany Port District— to 1.80 Summit,— 1.00i% to 0.15 0.70 to 2% 1940-1955 1.70s 1940-1979 to 2 70 M&S 6 0.35 J&D 6 0.25 J&D 6 0.25 % 0.30 2Mb to 210 J&J 6 0.25 6s to 1.90 to 0.25 3)4 1910-19712Mb 1940-1953 to 3.00 to 4-25 0.15 0.15 0.25 4s Munic & 8ch '41-'63_ J& J 6 0.25 to 3 -50 to ~ 4Mb 1960 M&S 6 3Xs Fund 1940-1941. M&N 6 2 Mb refunding 1941-'57.J&J 6 Albany (City or)— 4)4 1940-1969 M&N'6 4X 1940-1970 J&D 6 Rahway—- 454s 1940-1953 M&N 6 0.25 Ridge wood 4Mb 1940-62.M&N 6 0.25 454s 1940-1968 M&N 6 0.25 Sea Isle City 5s 1942 F&A 75 % Albany County— 1.75 to 2-90 J&D 6 0.50 to 1.10 2X» July 6 1940-1962—J&J'6 1 X« Sept 10'40-46-M&S 10 6 Emerg Unemploym't Relief—I 2Mb Sept 25 40-'43_—M&S 6 2Mb Sept 25'44-'45—M&S 6 1 Mb 8ept 101944-1946 6 4Xs April 1944 454s Water 1941-64..M&S2 6 2.25 to 4-50 5s Feb 1941-1977 F&A 6 2.25 to 102 4H8refdg 1944 & *46—F&A Plainfield 4s School 1959 M&N 96"' 454b 1940-1962 Various.J&J 6 0.25 to 2 50 454s 1940-1953 Red Bank (Borough)— % 2Xs July 6 1940-1947—J&J 6 0.20 2*90 M&N 6 0.50 F&A A&O 6 0.50 A&OI&0.20 % to2.00|% to 1.90 % To Bid Bonds _ General State Improvement— 3-25 2.75 J&J 6 0.25 J&D 6 0.25 M&N 15 6 0.20 or Net to 2.15 ~ to Ask Eliminat'n of Grade Crossings 2Hs Dec 8 1940-1987-J&DA 0.20 Unemployment Relief— Passaic— 5Xs General improvement 1940 1951 J&D & 0.50 Bid N Y STATE (Concluded)3Xs Mar 15 '41-'81—M&S 15 6 0.25 to 2.20 3^s 1940-1949 M&N 15 6 0.25 to 1.35 3s g Canal Jan 1 1956 J& J i 125)4 127 M 3s g Canal July 1 1958 —J&J! 127 M 125)4 3s g Canal Jan 1 1959-—J&JI 127 M 125)4 3s Canal 1957-1959 J&JI 125)4 127 M 3s Mar 25 1941-1987 M&S 6 0.20 to 2.20 to 3-10% to Yield Basis To or Net New Brunswick— 4Kb 1940-1957 F&A b 0.50 4Hs8ch & wat '40-'69-J&D b 0.50 4ks 1940-1967 J&D b 0.50 North Arlington (Borough) 97 possible for the closing day of the month preceding the date of issue 6 0-50 to Saratoga County— 4Xs 1940-1955 M&S 4s Sept 1 1945-1954—M&S b 0.25 b 1.20 to 2.20 b 0.50 to 2.40 b 0.40 b 0.40 to 2.00 to 1.25 2.60 to 2.10 Quotations for MUNICIPAL BONDS AND STATE 98 all securities are as near as possible for the closing day of the month preceding Bonds 4Ms 1940-45—J&D Schenectady— 4.30s 1940-1948 J&£ Scarsdale 1941-1960——f&0 4.15s Ask to 1.50 6 0.25 to 1.75 b 0.20 to M&S F&A 1 HP 1941-1955 1.10s 1941-1949 M&S Schenectady County— % 2.30 % to 1.10 to 2.15 to 1.90 to 1.70 b 0.20 to 1.60 b 0.20 to 1.50 b 0.70 b 0.50 Be 1940-1971 M&N Suffolk County— 4 Ha 1940-1957 A&O b 0.25 b 0.25 3 Ha 1940-1951-------F&A b 0.30 2 Ha High & ref 1941-57 M&S . „ to 2.30 % % % % % % to 3.00 % % % to 3.00 5 0.20 to 1.50 to2.50 5 0.20 5 1.50 4s 1941-1955 Summit Co— less to 2.50 to 2.00 to 2.00 to 1.60 to 1.70 to 1.50 to 2.80 % 1 less 5s Impt June 1 1944--J&D A&O less 0.75 to 3.50 M&N M&N 2.50 to 3.00 3.00 to 3.25 1.00 to 99 A&O 5 0.50 to 1.50 0.50 to 3.00 to 3.50 Par to 4.75 Par to 2.00 1940-1950—J&J 5 Ha Water 1940-1950—J&J Union Free Sch Dist— 0.50 to 3.25 Water NORTH Troy— 4Ha 1941-1950 4Ha 1940-1970 4 Ha 1940-1965 . . _ A&O J&D J&J b 4.20s 1941-1949— F&A' 4.15s 1940-1950 M&N b 4.10a 1941-1946 A&O b 3.90s 1941-1948—F&A 6 3 Ha May 15 '40-'51-M&N b Revenue 2.75s 1940-66 A&O 5 1967-1969-A&0 J&D A&O Warren Co 4Hsl941-'50_F&A 5H» highway 1941-'53>F&A Rev 2.60s 0.30 to 3.10 Funding 1M % to 2 H % to 1.40 0.20 to 1.50 0.20 to 1.60 b 0.50 J&J J&J b 0.25 to 1.70 to 2 .00 § to 2.90 Muskogee— 6 0.50 4Ms Aviation 1941-53-J&J to 2.25 % 1.90 to 2.80 Oklahoma City— 2.65 to 2.80 to 1.50 % to 2.85 0.50 1941-1947—M&S 6 0.40 6 0.60 4Mb Water Works 1941 J&J 6 0.40 S D 4 Ha 1941-1953 J&J 5s Water Oklahoma DAKOTA Highway 4 Hs 1940-'46 A&O 6 2.25 Okmulgee 5s Mar 15 1943 4Hs San Sew '41-'82—J&J b 0.50 4 (a Parkway 1962-86-J&D b 3.00 \b Co Bldg 1941-44.-A&O b 0.20 4Mb r44"4T. ;56 V'69" J&D 6 1.50 4s Co Bldg 1941-59—M&S b 0.25 4s June 1 1959-1964—-J&D b 2.80 3Ha 1940-1951 J&D & 0.20 3Hs 1952-1980 J&D & 2.40 3Ha 1940-1963J&D b 0.25 2s 1940-1951. J&J b 0.20 to 3.10 to 3.50 to 3.15 to 1.50 to 3.10 to 2.80 to3.00 to 2.30 to3.10 to 2.90 to 2.00 % % % % % % % % % % % OREGON to to Ref 1-5% 1967 Multnomah Co— to 3.10 to 3.20 6 1.00 to 2.75 6 0.50 to 1.25 1941-1950.A&O 1940-1944-A&O '46-'51_-F&A 58 July II965 -J&J 4Mb July 1943. J&J 4Mb Sewer 1955 A&O 1941-1959 (reg)-M&8 6 0.50 to 3.00 '% 1941-1954 F&A b 0.75 to 2.90 % b 1.50 to 2.50 % 2Ha Sept 1 1943-49 .50 to 2.75 % 2.40 to Y.66 2Ha Sept 1 1940 to 1956— 6 0.50 6 0.50 2 Ha sepi 1 1940 to 1976 IB Sept 2s Sept 1 1940-1963—M&S 6 0.50 1 Ha Wat. wks. *40-79 M&S 6 0.50 Cine Southern Ry— Refund'g 1 Hs July 15 '59 b 1.00 & 2.50 b 0.75 b 0.75 b 0.75 b 0.75 b 0.75 b 2.00 b 0.50 b 2.50 to 3.60 to 3.60 to 3.60 to 3.50 to 3.25 Cleveland Heights S 6s 1940-1959— to 3.50 to 3.10 4Hs 1910-1955 2Hs 1941-1959 to 3.00 2.40 J&J b 0.50 to 2.50 A&O b 0.50 to 2.50 A&O b 0.50 to 2.50 A&O A&O —J&J b 0.50 to 1.40 b 1.70 b 0.50 less J&J .J&J J&J b 1.70 less lHs 1942-1943 lHs 1943-1946 1 1 b 0.50 to 0.75 b 0.75 to99H Asheville— July 1 1976 41M 42 H Buncombe County— l-4s gen ref July 1 1976 Charlotte— 5 Ha 1910-1948 4 H* 4 Ms 1940-1970 1940-1979 3 Ha 1941-1959 3s 1960-1977 2H« 1941-66 41M 42H b 0.50 to 2.25 b 0.50 to 2.85 b 0.50 to 2.85 F&A b 0.75 b 2.65 to 2.80 M&N 6 0.75 M&N M&N M&N F&A to 2.65 to 99 4 Hs 1940-1966 5s Water 1941 to J&J 6 0.50 to 2.85 1945-J&J 6 0.75 to 1.70 Durham County— 4Ha 1940-1951 J&D b 0.50 Forsyth Co 4Ha '40-'58-J&D b 0.50 Greensboro— 5s Water 1942 F&A 6 1.75 J&J b 1.25 F&A 5 1.25 4Hs 1941-1963 4HS 1941-1965 4sWater Works 1954.-J&J b 3.25 Refg 3 Ms 1957-1962- J&J b 3.20 * Ohio municipal bonds Issued to 2.40 to 2.60 1 to 3.40 to 3.40 less 1 less 1 to 2.10 M&N 0.60 to 2.65 0.50 to 2.00 0.80 0.50 to 2.35 Ref imp 1940-1947-J&D 0.50 to 0.50 to 1.75 1965-J&J 82 M 1.75 84M PENNSYLVANIA 0.50 0.50 0.50 1.50 s-a Columbus S D— 5s 1943-1952 Cuyahoga County— 4Ha 1940-1944 4Ha 1940-1943 4Ms Road 1940-1941 4s 1940-1941 311941 — 5s July 1 1.80 to 3.10 % % to 2.40 to 2.25 to 2.50 to 2.00 1951 Series O—J&J 4H* 1940. 1944. 1949 J&J 4s Highway Apr.l 1941, 1942, 1945, 1947. 1950, 1952 3 Ha Turnpike Revenue— 1947-1968 F&A Allegheny County— 4Mb 1941-1902 A&O 4Ha July 1940-1958 J&J 4s Bridge 1942 F&A to 2.40 4s b 0.40 less b 1.50 less b 0.30 to 1.35 b 0.30 to 1.50 99 H to 2.60 b 1.00 to 2.40 L40 M&S & Too" to 2.40 1940-1965—J&D b 1.00 to 2.25 5100 M to 2.25 1941-1958- to 2.20 2 Ms Dec 1 6 0.50 to 2.65 6 0.50 6 0.50 to 2.10 2M Apr 1 1941-1967 A&O 2Mb 1940-1968 J&D 5100M 2 Ms 1941-1961 ..F&A 5100 H 5 0.20 2Ms May 1 1941-1970— % to 3.00 % to 2.20 % 1 to 2.25 Bethlehem School J&D 19 6 1.25 to 2.20 A&O 6 0.75 A&O 6 0.75 A&O 6 0.75 to 2.00 wn— Dist— 5 1.00 4s 1940-1945-1950 to 2.20 to 1.75 Easton-Phillipsburg 4 Ms. 1961 —.F&A to 1.00 Phila-Oamden— to 1.00 1.50 1.60 % to 2.70 % to 2.50 1.00 2.55 % 106 M 4Hs Sept 1 1967 opt'43— 114M Easton (Water Works)— 2Hs 1941-1966 M&S 5 1.00 4 Ms 1940-1960 F&A 5 1.00 5 1.00 4Ha Jan 1 1941-1946 Fayette County— 4 Ha Highway 1952—J&D 5 3.00 1.25 Harrisburg— 5 0.80 4s May 15 1940-1953 Jeanette 4Mb 1940-1956.M&S 5 1.20 Lackawanna Co 4s 1944-F&A Lancaster Conty— 4Ms 1941-1960 F&A 5 0.75 Lancaster S D 4s May 1945— % Lower Merion 2.00 to McKeesport Sch Dist— 4Ha 1940-1943 —M&N 5 1.25 Cleveland— to 1.25 to 2.50 to 2.00 to"2".65 % 1 4Mb Oct 1945— A&O 5s Park & Imp *40-'41-A&0 ST.oo" Lima 5Hs Sewer 1940-1947— b 1.00 5s Sewer Feb 1 1941-'51 F&A b 1.00 Lucas Co 4s O H 1944—M&S 4Mb 1940 J&D 2 Mahoning Val San Dist— 4Hs water 1940-1952—A&O 6 0.75 Martin's Fy 5s l940-'44-M&S 6 0.75 Miami Conservancy Dist— I 5Ha (1 to 5 yr mat'y)—J&D,6 0.50 5Hs (5 to 10 yr mat'y)_J&D;6 1.25 Y.50 to 2.25 to 2.50 to 2.00 2.75 % to 2.00 to 2.70 $ to 2.25 date are tax-exempt, b Basis. / Flat price. rL .30 to 2.25 1%25 1.25 to 1.70 % to 2.00 1 1 since Jan. 1,1913, are taxable, all bonds issued j>rior to that to 2.40 Twp 4s 1945 Mercer Co 5 Ms '40-'47 F&A 5 1.20 Norristown S D 4M» 1943. J&T Northampton Bor Munic Auth J5 2 Ms Wat rev 1941-70—M&S 5 0.50 1.00 Philadelphia— 5b Jan 1951 J&J 5s June 1 1962 opt '52.J&D to 2.50 5s June 1 1982 opt '52.J&D to 3.00 4 Ha May 1948 J&J to 1.25 4Hs Nov 1 1948——J&J to to 2.30 Erie S D— - 4 Ms gen imp 1940-43—A&O b 0.75 b 0.75 Elyria 4 Ms 1940-1952—-M&S 5s W W 1940-1946 J&J b 1.00 Hamilton County— 4Mb 1943 F&A 4Ha Sewer Oct 1 1940-'47— 5'0".75" I i F&A 6 0.50 F&A 6 0.25 &"0~.7~5~ 100 to 2.40 to 2.20 5 0.75 2.25 to 2.25 to 2.80 5 0.75 to 103 M Braddock 4 Ms '40-'41—M&N 101H Cambria Co 4 Ms Nov 1 '40-'45 5 1.30 to 2.00 Del River Jt Oomm Bridge to 2.10 4 Ha Sewer 1940-1959-J&D 5 1.00 Altoona— 4 Ms Water 1941-1960-M&S 5 1.25 A&O 6 0.75 100 H b 1.00 Allento 5Ha W W Imp 1944—J&D 5s W W Imp 1945 F&A 4Ha Bdge 1940-1951—M&S 4Hs 1941-1961. M&S Dayton School Dist— 5 Ms 1941 M&S 5s Mar 16 1940-1946.M&S10 East Tax antlcipa'n notes— eries"E T" May to 2.25 to 2.80 ^ less b 0.60 o Lakewood— Durham— 1.50 's Harb Dev 1940-50-M&N 4Mb Dock 1943 M&N to 1.90 Dayton— to 1.70 to 2.35 Portland¬ M&S 6 0.50 F&A 6 0.75 4Mb 1941-1953 1941-1968 2s 1948-1949 6 6 6 6 D— A&O 6 0.50 6s 1940-1957- to 3.10 to 2.60 to 2.40 to 2.25 Columbus— 1941-1962 (s 1941-1968 1941-45 2Mb 1946-47-48 2 H» 1940-1948 3Ms 1940-1949 3Hs 1940-1956 3 Ha 1944-1953 to 3.05 to 3.50 *" l-4s gen ref 1940-1958—M&S A&O A&O M&S 3s 1940-1963 A&O 2Ha 1940-1951 M&S 2MB 1940-1951 M&S 4s Sewage 4Hs July 1 1940-1962-A&O b 99H b 99 M to 1.00 to 3s to 2.40 % 44 42 M b 0.60 to 2.00 — to 2.75 to 3.60 J&J to 2.10 J&D 6 0.50 7o to 0.65 to 2.00 6 0.50 3 Ha Sept 1 1940-1962 J&D 6 0.50 to 3 60 to 0.75 b 0.50 July 15 1940-1945. J&J15 4s Refunding 3 Ms M&S 6 0.50 4s 1910-1956 4Ha Grad Cros,40-'54-A&0 6 0.50 4Mb Fire Dep '41-'55—A&O 6 0.50 4Ha 1940-1950 M&S 6 0.50 A&O b 1.00 5Hs Jan 1941-1961— A&O b 0.75 5s 1940-1961 A&O b 1.00 6 0.50 4 Ms Bridge 1940-1944-J&D b 0.60 4 Ha 1949-1956 —F&A b 2.00 4s Bridge 1945-1955—J&D b 1.50 4Mb 1940-1960 to 2.15 5s W W 1940-1968 4Hs July 15 1940-1942-J&J b 0.50 1.50 2 Ms Ref imp '40-'45—M&N Port of Astoria— 6 1.50 5Ha 1940-1970- Yonkers— 6s Feb 1 1941-1952 to 4 Ma Ref Water '40-'53.J&J 4s Water 1940-1958 J&J 2.40 3.90s to 1.25 % to 1.40 b 0.60 Multnomah Co 3 D No. 1— 4 Ha Wolcott— DlC< 1.00 6 0.65 Astoria— to 3.00 Cleveland— White Plains— 3 Hi to 1.80 2Mb May 15 1940 3 Ms May 15 1941-1945 1.00 4M» H'way '41-49 (s-a).A&0 4s Highway 1940-1942..A&O 3.25 % 4s Highway 1941. 3.00 A&O (See footnote *) Cincinnati— 5 Ha Imp Feb 104 H J&D b 0.40 &s to 1.90 2.25 A&O 4Hs Dec 5 1940-1942--J&D 6 0.50 4.40s 1956 County— ... % 6 0.50 F&A 6 0.50 1941-1947 Forks— Canton School Dist— 5s 1954— Thousand Islands— 4Hs Mar 1 1941-1956.A&O 4s 1941-1958 F&A 3Hs 1943-61 J&D 3.30a April 1 1941-1956 .. 3 Ms 1941-1955 M&S 3.10a Oct 1 1940-19643s 1941-1960.-M&S 2.80s 1940-1959 M&N 2 Ms gen & ref July 1 *43 *46 2Hs 1940-1954 A&O NORTH CAROLINA 5s July 1961 J&J I 1.85 Sewage Dis 1940-65.M&N 6 3.25 M&S 6s Water 1944-1959.-.A&O 6 1.60 to 1.20 \ 2.25 5s .00 to 1.60 6 2.00 Tulsa— 5 Ms July .75 0.40 to 1.90 % County 6 0.40 5s Sewer 1953 to 1.50 b 0.25 1940-1976 1.75 to 1.60 Canton— to 1.75 J&J 5s to to 1.75 — . .25 Allen Co 5 Ha Ashland 5 Ms to 2.60 1940-1953 *67.M&S 6 0.75 2.75 6 1.70 2Ms June 30. 1940-1948 2s June 30. 1949-1954 4 Ha 1940-1952 A&O 6 1.00 4Ms 1940-1956 A&O 6 1.00 4s Water Works 1942. A&O 0.50 to 2.50 100 5 0.20 to2"oo 5 0.15 to 1.25 5 0.50 to 2.40 5s 1940-1945 1.50s 1940-1946 4Mb Bridge Rev to 2.50 6 0.40 due June 30 1940 to 1946— to 2.00 Akron ' to 1.75 0.20 b 0.25 Westchester to 6 2.00 6 1.00 I ?:75 6 0.40 to 3.00 0.50 0.50 6s 1940 A&O 1.00 5 Ha 1941-1951 J&J 5s Water 1940-1953—A&O 6 0.75 1.00 4 Ha 1940-1947 A&O to 1.60 0.20 Water town— 4 Ha 6 0.75 to 2.60 Imp'40-'45_J&J15 5 0.20 to 1.25 1.40sl940-1969 1.10s 1941-1950 to 2.75 OKLAHOMA less .00 U tlca— 4Ha Pub to 2.75 1 2.85 0.75 1.00 to 2.75 5 0.25 2.50 to 1.25 1946. F&A 5Ms Wat & Pk *41-49.F&A 4s & to 2.75 .00 Grand 0.50 6 1.00 4Mb Jan 1957 J&J 6 3.50 Fargo 4s Aug 15 1940-1954— 6 3.25 to 2.40 5 0.25 % % to 3.00 OHIO 5 0.25 to 1.75 to 2.70 6 0.50 5s Farm L'n 1941-45&'50 J&J 6 3.00 5 Ms 1945 & 1948 ser O—J&J 6 3.25 4Mb July 1951 & 1955—J&J 6 3.50 2.80s 1940-1958 M&N 5 0.30 to 2.50 Trlborough Bridge— 1.40 to 2.40 2Ms revenue 1945-52.F&A 3s revenue 1953-75—F&A 52.50% to99M 102 H 101M 3Hs s f revenue 1980--F&A b 0.50 2.60 % 48 M 47 to 3.10 5s to 2.50 6 0.50 A&O 1940-1959 4Hs 1940-1956— A&O Youngstown— 6s Bdge 1910-1941 A&O 4 Ms 1940-1957 A&O Youngstown School Dist— 4 Ms 1944-1947 M&S 5s 1910-1944 M&S Zanesville S D 5s '40-'43_A&0 to 3.00 5 0.50 1940-1953—J&J 4Ms Sewer to 6 0.50 6 0.50 to 1.50 to 2.75 4 Ms 1.50 4Hs 1940-1958 M&N 15 4Hs 1940-1973 J&J 4s refunding 1948-56 J&J 3s refunding 1950-68.--J&J to 3.20 5 0.50 6 1.25 Net to 1.00 4Hs 1910-1954 b 0.50 4Ms 1940-1953 .M&S b 0.50 4 Ms Nov 1 1940-1953 4s Park July 1 1942—J&J Toledo School Dist— 1 3.00 M&S Sept 1940-1947 6 1.00 6 0.50 M&S15 60".50" Winston-Salem— to 2.90 Ask A&O 1940-1944 F&A 6s Pub Wharf 1960—M&S 5s Sewer 1949 M&S 5s W W 2.25 1951-1956 —M&S 1910- 4M 3.50 3s 1955-1970 To or Toledo— 4Mb 1 J&J 1946-1950 J&J —M&S 1941-1949 to 3.15 Randolph County— 4MB 1941-1947 F&A 4Ha 1948-1959 F&A Rutherford Co 5s ,40-'52._J&J Salisbury 6s 1940-1941-M&N Transylvania County— Refunding 1M% 1940-1942 2% 1943-47. 2H% *48-'52 3% 1953-57 and 4% 19581972 J&J Wilmington— 5s Ref & Impt 1955—A&O 4Ha 1940-1962 A&O 4Hs Pub Imp 1941-60-J&J to 1.75 5 3 Ha 1940-1951 J&J15 5 0.20 0.20 3s 1940-1971-------J&J15 5 0.20 M&S Springfield— 1 1.00 6 Fund June 1959 3Ms to 1.30 -M&S 5s „ to 2.60 1941-1957 5s to 2.15 5 0.25 2.10% Aug 15 1946-1947 -5 1.20 lHa 1940-1948 F&A 5 0.20 lHa 1941-1946 M&S own" Thousand Isl'dse See " Watert Ticonderoga S D No 5— 5 4Hs July 1940-1958 J&J 0.50 1941-1950 1941-1951—F&A Mecklenburg Co— 6s Ref Nov 1950 M&N 6 2.40 Pitt County— 2.00 4Hs 1943-1947 —M&S to 2.10 --- 2s 1940 1956- less 3.70 to 3.40 4Hs 1940-1967 b 0.25 2.20% to 4.80 J&D Afi Portsmouth City S D— 4 Ms 1941-1950 to A&O 6 1.50 5s Bridge 4s to 2.40 M&S 4 Ha to 3.30 Lincoln Co— to 2.40 b 0.25 --M&N 4.20s Dec 15 '40-71 J&D15 4s 1940-1946 -F&A Montgomery County— 5s Flood Emerg '40-'42 Newark 4 Ha 1941 1 less „ Bid Bonds Net Raleigh— 2.20s June 1 1940 1962 J&D b 0.25 Sullivan Co 4 Ha '41-'45-A&0 4 Hs 4Ms 1940-1957— M&N 6 0.50 High Point 4Ha 1941-48.J&J 6 2.00 5s Wat Serv 1940-1968 J&D 6 2.00 Iredell Co 5s Aug 1 '42.F&A 6 2.25 % to 1.85 to 2.20 b 0.20 S75^lW-1960 1940-1944. Greenville 5s W W *58—F&A 6 3.40 Ask Guilford County— 4 Ms 1942-1958 J&J b 0.20 5s Dec 15 1940-1948 -----b 0.50 Somers (T) 4Ms'40-'53-M&N Southampton— % Bid lionds Net 6 0.25 b 0.20 4s Oct 15 1910-1944—A&O b 0.20 2 Ha 1940-1955 -A&O 2.20s 1940-1950 M&S b 0.20 b 0.20 1.80s 1940-1950 Yield Basis To or To or Bid the date of issue Yield Basis Yield, basis ?40 i to 3.00 % 121H STATE MAY, 1940] AND MUNICIPAL 99 BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Yield Basis •Philadelphia (Concluded)4Kb 1976 opt 1946 4H§ Dec 17 1978 J&J 4s July 1942.... J&J 4s Jan 1 1946 4s Feb 16 1955 4a Nov 1 1966.— 4s July 26 1972 J&J J&J J&J J&J 4s 1940-1942 J&J J&D Yield Basis Yield Basis To or Net Ask Bonds SOUTH Bid Ask DAKOTA 6s 8ept 1941 lllh less 1.25 less to 2.60 1 '43-'49—-F&A 3hs 1943 to 1946 F&A 1.75 1.75 1.25 3s Feb 1 1947 ..F&A 3s Refdg 1950-1959-F&A 2.20 less to 101 2.30 to 2.60 to 2.00 Refunding series AA— 4hs to Aug 1 1941. 3% Due May 1 Ref 4s Aug "l07 to 2.00 to 2.65 to 1.35 4-4 Hs to 5s 1941-1960. _M&N 4 hs 1941-1970 M&N 4 Ms 1941-1945 _M&N 4s School 1941-1951—.J&J 2hs 1941-1957 J&J 2Ms voted 1941-1958.-F&A 1 % 94 70 80 100 J&D 6 0.50 5hs Dec 1 1940 less H 4a Public Works Relief— 4h% 2.20 to 2.25 J&D 2 Ha 1940-1963 J&D Reading 5a Impt 1943-49-J&J Schuylkill County— 4 Ha 1940-1955. J&J b 0.75 to 2.15 b 1.50 to 2.20 b 1.00 to 2.70 2Hs Dec 1 1956 2Ms 1947-1948 3s Sept 1 1946 3 Ha Sept 1 1944 3 Hs Sept 1 1945 3 Ms 1948 to 2.10 3.90s to 2.75 4s 1940-1955 4 ha 1940-1967 to 3.00 to 2.55 4 Ms bridge 1944-1945 6s July 1 1943 to 2.00 6s April 15 1 946-1947— Carter County— Bcranton4hs 1940-1941.F&A 6100H *5a 1940-1950.:F&A b 101 Bcranton School District— 4Hs 1941-1956 -J&J 6100h 3% opt rev 1940-48--M&N 6100M W Ilkes-Rarre— 4ha Impt 1941-1945—J&J b 1.20 York 4 Ha 1940-1943 F&A b 0.70 to % 1.40 % 0.50 0.35 1.50 2.35 2.50 2hs Nov 15 1942-1971 4s 1941-1966 4 ha Mar 15 '41-73-M&S15 5s 1941-1942 A&O J&J Newport— 5hs June 1 1940-1953 4Ha May 1940-1942..M&N 4s May 15 1948 M&N 3 ha g High sch 1954-J&D 2Hs Waterwks '41-71 M&S 1.00 1.00 1.00 1.00 2.75 to 2.75 0.75 2.00 2.10 to 1.00 0.15 to 2.40 M&N % J&D 0.75 J&J 1.25 2.25 2.35 2.65 2.75 % 2.75 % 2.85 % 4tJanll945 1944-1951 A&O M&N2 J&D A&O J&D J&D to 2.10 1.10 2.00 2.20 2.40 2.65 2.40 0.75 to 2.00 1.15 to 2.00 2Hs 1951-1959 F&A 2.00 to 2.25 2 Ms 1941-1957 F&A 0.75 0.50 to 2.60 %\ 2s May 1 1940-1958 WPA School Loan— 3s 1946-1965 Woonsocket— to % % 2.40 % % I 4h4 funding 1941 J&D 6s Fund 1940-1961 M&N 4hs 1940-1967 J&D 4 ha Funding 1944 M&N 4hs 1940-1967 J&D 4Hs June 1940-1957—J&D 6 1.75 & 1.00 & 1.00 b 1.85 1.50 % to 3.10 % to 3.10 1.50 b 1.00 to 3.10 b 1.00 5s Funded 1941-1959—A&06 i.75 A&O b 2.25 to 3.00 to 3.10 4s Funding 1947 2.00 % % % % % % 4s Institu'l 1940-1959 3 Ha Refunding 1940-1955— State Highway Certificates of 4hs 3Hs b 0.30 to 2.70 4hs Apr 10 '41-56.A&O10 6 0.50 Houston— 1.50 1.25 2.00 90 to 98 1.00 3.15 to3.1( 3.75 to 3.50 3.75 3.80 to 3.50 5s 1941-1970 to 3.60 San Antonio— 1940-1953— 1940-1949 J&D b 0.30 J&D b 0.30 3s 1940-1952 J&J b 0.30 2Ha 1945-1954 ..A&O b 1.60 lHs 1941-1950 F&A b 0.50 Aiken Co 4hs 1941-1945-F&A b 1.00 Anderson Co— 4Hs Highway 1941-43-F&A b 1.00 to 2.50 to to 2.50 % 2.50 % to 2.15 % to to 2.30 to 2.20 Charleston 4 hs Jan 1942-J&J 3 H* Wat Works '41- 78A&0 6 ~0.50 Columbia 5s Ref 1941..M&S 4 h« Water 1945 J&J Greenville 6s St 1942 J&J b 2.25 3 hs water ref 1940-76 M&N b 1.00 Greenville County— 4hs 1910 1955 J&J b 1.00 4ha Highw 1941-1945-F&A b 0.50 Greater Greenville Sewer Dist 4he 1967 M&N 38 sewer 1940-1958 J&D 61.00 2 Ha sewer 1949-1958.J&D 6 2.20 Kershaw Co— 5s Highway 1941-1946.F&A 6 1.00 Marion Go— 4H« 1941.... M&S Spartanburg— 4hs Water 1941-1965.J&J 6 1.00 % 2.25 % % % 1.50 % to 3.00 1.00 2.25 2.10 to 3.10 to 2.75 to 2.20 % % % % % % % 3.50 % % to 3.00 % to 3.00 2.00 0.50 1.75 5s to 2.10 J&J 6 4.50 4.30 6 1.50 to 3.80 2.60 % 6 3.70 3.50 1.00 % to 3.20 5s Nov 1 1943 % 4hs 1941-1950... to 2.80 % J&J 6 1.00 to 2.70 % 2.70 1.50 4Mb ref Apr 1 1953-1964— 6 3.10 UNITED 104 h 104 h 104 104 h t 104 104h WcltOT 106 to 3.40 to 3.30 pages 19 and 0.50 0.25 to 1.50 0.40 STATES—See 5hs April 1 1941 J&J lhs refunding 1940-1955 Ogden 4M% 1940-1945—F&A 108 107 109 108 110 111 Salt Lake City— 5s Refunding 1941— 113 4s Ref 1941-1945 4a Ref 1946-1965 6 3.15 3.00 Funding" 19524962.'A&O 6 3.60 Electric System Revenue— 3 hs 1941-1954 J&J 6 1.50 3 Hs 1955-1958 J&J 6 3.20 Madison County— to 3.00 4s 4H% Highway '40-'49 J&D J&J 58 River Term '41-'48_A&0 4Hs Water 1940-1962—J&J 4 ha Water 1949 J&J 4hs Park 1959——A&O 4 Ha 1940-1955 J&D 4s 1940-1954 M&S Memphis 5s July 1954 to 92 0.30 1.70 0.50 A&O 0.35 0.35 1.60 -J&J A&O to 2.40 to 1.40 Salt Lake City S D— 4s May 1 1949 1.90 1.60 % Salt Lake Co 4Mb Apr 1 1942 3.40 2.10 0.80 1.95 0.50 M&N 2hs Refunding 1958--M&N % 3.00 % VERMONT 6 0.75 to 2.70 % 6 2.90 2.75 % 6 0.50 to 2.20 6 0.50 to 2.90 2.25 6 2.40 6 3.00 2.90 6 0.50 1 z° to 2.75 6 0.50 to 2.75 J&D 6 0.50 J&D 6 1.65 3 Ha 1940-1948 J&D 6 Par 4hs Oct 1 1940-1949—A&O 6 0.50 to 1.751% to 1.85 % Brattleboro— 4s Refunding 1942-1951 J&J Burlington— 4 Ha City Hall 1940-55-J&D Rutland (School Debt)— 4s 1941-1948 F&A 6 0.75 to 1.75 6 1.00 to 2.00 6 1.00 to 2.35 to 1.50 % to 2.20 VIRGINIA Plant— 1942-1949 1950-1969 (Commonwealth) 1962 2 Ha Refunding 1947-'60—J&J Nashville— 6s 1941-1942 A&O 5s March 1941-1960. ..M&S 5s Memorial Sq '40-50.M&s 4 ha Hospital *41-'56—J&J 4hs 1940-1968 .M&N 4 Ha 1940-1967 J&J 4 Ha 1941-1948 M&S Electric Power Revenue— 3.00 6 0.50 to 6 0.50 F&A to 2.8C 1.00 to3.2£ 5Hs 1941-1954 6 0.50 to 2.75 1 1 1 Charlottesville— 6 0.50 to 2.00 5s 1962 opt 1942 M&S 5s Water Impt 1958 J&J Danville— 4 h« July 1 1940-1950--J&J Fairfax Co 4 Ha 1945—F&A2 2 J&D 6 1.60 J&D 90 to 2.30 F&A 6 2.50 2.25 4s Courthouse 1957 A&O 6 2.60 5s Aud Mkt H'se 1949-M&S 6 2.45 2.20 4H% Jail 1941-1951—M&S 6 0.50 to 2.35 94 Henrico 5a 1941-1950—J&J 4 ha June 11957 J&D Lynchburg— 4s Pub Impt 1941-1959.J&J Newport News— t 2.40 1.00 less 1 2.70 less 1 0.25 to % 2.00 2.7C less 1 0.30 to 2.2C % 2.30 less County— School 1 0.30 to 2.4C % 0.50 to 2.85 % ' County— 1941-1958—J&J 6 1.00 to Norfolk— 3.30 to 4ha.1941-1958 3.90 F&A 4 ha Ha Road July 2 '40-*58J& J 6 2.00 Washington County— 5% Fdg Jan 1 1954 J&J 6 3.60 White County— 5h% Highway 1955—M&S 6 3.75 4 1940-19720.30 5% Water May 1952 5% Port Terminal May *52 Petersburg 4ha 1952—A&O 6 2.90 Portsmouth— to 3.0C 3.40 3.50 less 1 less 1 5hs 1951 4hs 1940-1954— 6 0.50 6 0.50 6 0.50 J&J 1.00 to 3.10 J&D 2.65 less J&J 2.20 2.30 0.30 less 1 J&J —J&J less 1 less % J&J 2.30 less 1 J&J Par to 1.80 — Abilene 5s Feb 15 1959-1985— 103 101 h Amarillo 4Hs '41-'58.M&S 15 6 1.00 to 3.30 % Austin— J&J J&J J&J J&J F&A 5s Water 0.75 % % to 2.50 % to 2.80 % Richmond— 4ha 1958 4ha July 1 1964 4Ha July 1 1941 to 4 Ha to 3.00 2 ha 3.10 to 3.40 to to % 3.40 % 3~15 to 3.60 1948 July 1 1965 1940-1953 lha Jan 1 1941-1960 Roanoke— 2Ha Water 1941-1968-A&O 2 Ha Jan 1 1941-1958—J&J 4h® 1940-1956 Staunton 5e 1940-1958—M&S Tazewell Co 5a 1941-46—J&J Washington County— 5a school 1941-1949 J&J 6 t Optional to Jan, 1. 1943 at 104; 1948 at 103; 1953 at 102 and 1958 at 100. 3.10 1 0.25 to 1.75 Par to 2.50 0.50 2^50 2.40 _ a 5a 1940-1942 to 2.7C 0.50 1940-1973—J15 County— Bristol— to 1.50 Fdg 0.30 „ 6 1.00 Robertson County 4ha Road 1948 Shelby County— & D 15 to 2.75 J&D Polk Co 5s 1940-1948 less less Arlington 2.70 3Hs 1942-1945 Ha 1946-1959 2.00 3a to 2.50 6 0.50 J&J to 2.20 6 0.50 to l.ic to 1.00 6 0.50 less 0.25 5Ha School 1941-1953—J&J to 2.35 2.00 1.60 Albemarle Co 5a 1948 Alexandria— to 1.90 J&D 6 2.00 4s lHs Refunding l940-*46—J&J J&D 6 1.00 Montgomery Co 5s Cumber¬ land River Bdge 1953.F&A 6 3.20 4hs 1940-1953 to 4% to4h% due 1969— 2.75 % 104 4 Ha 1954-1958 6 2.50 Beaumont— 5s Water Works 1954—M&S 5s 1941-1965.—. A&O 6 1.25 4h» 1940-1970 J&J 6 1.00 4a 1942 opt 1922 J&D! 100 3 ha 1941-1952 A&o'fc 1.00 4s 1953-1977 A&O 6 3.10 / Flat price. 3.25 96 104 Refunding 4M« Jan 1 1958Refunding 5s Jan 1 1958 Refunding 6s Jan 1 1958 General Obligation 4hs— General Obligation 4 Ms General Obligation 5s Funding 5hs Sept 1950 4 Ha 1941-1961 6 Basis. 1.25 to UTAH 2.60 % J&J 6 1.25 5s 1941-1952 York County— to 3.25 to 3.25 Wichita Falls— TEXAS to 6 0.75 M&S Wichita County— 2.25 % M&S 6 1.00 Sept 1940-1959 4hs Water 1940-1968—J&J 6 1.00 [Refunding 4hs Jan 1 1958. 5Hb to 3.25 Waco— 5s Water Works 1942—J&J Tipton County— to to 3.85 0.75 5a St Impt Dist No 2 1943-_ 4hs 1941-1967 J&J 60.50 4MB 1940-1968 F&A 6 0.50 3s July 1 1940-1951 J&J 6 0.75 85 82 Knoxville— Smith F&A 6 0.75 5hs W W 1940-1965-M&N 93 5ha Impt 1940-1946 J&D County— 4ha Bridge May 1 *51 M&N 6 3.00 2.10s 2.40 Port Arthur— Knox 3 Hs 3.75 to , 3.0( 2.50 2.60 to 0.50 to 2.50 4Ha Sept 1940-1952—M&N 0.50 to 2.60 4hs 1941-1957 J&J 1.25 to 2.65 4ha Impt 1940-55(a-a)- J&J 4 Ha 1942-1947 1.00 to 2.25 2 Ms 1941-1955 0.20 to 2.00 J&J 0.20 to 2.10 1Mb 1941-1955 --J&J 2.00 Houston S D 5s Feb 1952— 4 Ha 1940-1951 J&D 6 0.75 to 2.30 Palestine 5s Sch Aug 1 1944, 6 1.75 to 3.75 1949, 1954,1959, 1964 96 92 5hs Road 1941-54.A&O10 6 1.25 to 2.75 Electric to 2.70 Indebtedness— Spartanburg County— 4hs 1941-1947 Sumter County— Grimes County— Harris Co— 6 2.75 3 Hs 1940-1944 2.10s 1945-1954 J&J b 0.30 1.50 to 2.60 to 2.50 4 ha Ref 1941-1948—.J&J 6 1.00 Johnson City— CAROLINA 3.25 to 2.65 1.85 Gas Plant— SOUTH to 0.75 to 2.40 Jackson— to 2.00 J&J b 1.25 % % % % % % % to to 3 .25 0.75 2.20 4h% Refunding 1957.A&O i% Bridge 1944 2.00 % A&O 1.70 1.40 4hs, 1940-1958 Hamilton County— 1.75 % 3.00 3.00 3.10 4Hs 1940-1959 4s 1940-1950 5s 1941-1956 Gibson County— to 2.50 Providence— 3s 1.50 0.50 to 1.25 to 2.60 2.90 to J&J 1.15 1.40 1.60 Fayette County— 4Ha Road 1958 2.25 1.00 J&J ...J&D 4s Water 1962. 4s Oct 1 1964 Refunding 1941 2.60 0.50 to 1.35 2.15 Pawtucket— 4 eOct 1 1954 4s May 2 1957. 3.20 3.40 3.25 2.00 J&D Sept 1 1955-1958 4 ha School 1956 Cranston— 4 Ha School 1954 to 1.75 J&J J&J A&O 4 H« Memorial Aud '52M&N 5b Hospital 1954 M&S 6 Davidson County— 4ha Highway 1947..-J&J 6 5% Co Memorial'40-'50 J&J 6 Dyer Co ref 3 h-4Ha 1965 to 0.75 3.00 to 2.80 3.25 1.40 2Hs 1941-1968 2h® July 1 1969 to 0.75 to 2.25 to 2.40 to 58 Grade Raising 1944-A&0 5s School 1941-1954---M&S Electric Power Revenue— M&S 1 M% June 1 1940-1943—J&D 3% Public Wks 1951-56.M&S 4s Oharit Inst 1965 M&S 4s June 1 1977 J&D 2.80 2.25 Galveston— 1.60 1.80 —J&D 5s funding Jan 1 1959..J&J 5 ha road Chattanooga— ISLAND 1% Relief 1942-1943 4hs Sewer 1952 to D 4s ,41-'64-_F&A 6 0.75 3 Ma Nov 11940-1967-M&N 6 0.75 2s Dec 1 1956 b 2.40 F&A b 1.25 1953 4 ha 1950 to to 2.75 Ind Sch School District— 3s 1944-1964. RHODE 6 0.75 6 1.80 6 0.50 6 0 50 F&A 6 0.75 F&A 6 1.00 4 ha 1941-1971 4 Ms 1941-1964 TENNESSEE 2.15 to 2.60 to 2.75 A&O 6 3.10 J&D 6 0.75 Fort Worth— 5s 1951 5s 1911-1959 to 2.10 to 3.75 6 0.75 6 0.75 -A&O 6 1.00 4Ms 1941-1960 Sioux Falls S D— to 2.10 — 6 2.25 Dallas Co 4 ha Apr 10 1951 El Paso— 5s W W purch 1950—A&O 6 3.25 5s Impt Aug 1 1948 F&A 6 3.25 100 98 Stanley Co refunding 4h® to 2.15 M&N 6 0.60% to99h 2Hsl942T1955 2.55 88 .. 3.75 % Dallas— % to 2.50<% to 2.00 % 98 .1942-1958 Co— Ref 4hs Sept 1 1954 opt Perkins Co refunding 3-4s to Reclamation District— Jackson to 2.65 Net Brazos Corpus Christ! 5s fd *67.F&A 6 4.00 1943-'50—M&N thereafter 1950-59--F&A 6 2.40 Corson County— to 2.65 1.00 0.75 J&J15 4Hs Rural Credit 1942..J&J 4hs Rural Credit— 119H Ask 5h« Impt Apr 10 1956-1965 b 3.25 River Conservation & H H H less 5H8 Jan 15 1943 To Bid Brazoria Co— —M&S 0.35 1.55 104h 106 h 113 M 115h 104 % 106 Operating Revenue— 100 H 154s Apr & Oct 1940-1941 Pittsburgh— 4hs 1940-1950 J&D 6 1.00 2Sch Dist 1940-62.A&O b 0.75 2Hs July 1 1940-1956-J&J b 0.75 2 Ha Feb 1 1941-1958.F&A b 0.75 or Bonds Net 110 108H 110h 3 Ha July 1 1986 opt 19563hs Jan 1 1941-45 J&J b 1.00 2hs Jan 1 1946-1960—J&J 6 2.10 Philadelphia School Dist— 1.00 4Hs 1940-1943 J&J 1.25 4Hs 1941-1959 M&N 1.25 4^s Apr 15 1941-58.A&Ol5 4s 1940-1956 I To or Bid Bonds to 2.30 0.30 to 2.25 0.30 to 2.50 0.30 to 2.10 0.50 to 2.60 %" Quotations for all securities are as Ask 4s J&J 1940 4H% Gen oblig 1940-1943J&J b 0.50 b 0.5 ) 4% Gen oblig i948-50 b 2.00 8n % Gen oblig-----1950-61 5 2.10 3%% Gen oblig---—1951-52 5 2.20 Toll Bridge Authority— Revenue 4s 1968 J&D 100 Clark Co 5Hs '52 opt '33 A&O Refunding 6s 1953——M&N 5 4". Ob" % 2s 1941-1945------------ 5 0.75 2 ha Water ret 1940-1942 5 1.00 3.00 % to to _ 2 40 2.25 1.50 to to 2.60 2.60 to to 1.75 1 s M&S J&J 1940-1955 4^s Jan 1941-1955 5s Seattle— 5 0.75 5 1.00 to 2 .80 to 2.75 5 1.25 to 2.00 5 Ha L & P 5 1.00 to 2 00 5s Light & Pow 5 2 25 to 3 99 -A&O 1940-1943-M&N 1942-56A&0 4h Lt& Prl940-,58—M&N Emergency Funding opt *44 4Mb 1941-1959 opt-.M&S General obligations— 4%a 1941-1955 A&O 4 Ms 1941-1957 A&O 5 1.00 i 2.15 % 5 2.30 to 2 80 5 1.20 5 1.20 to % 2.80 % ^ '43-A&O M&N A&O 3ha 1943-1953 3%a 1941-1954 I to 3.90 ^ Munic Lt & Power Rev— -A&(? 2.90 % 5 3.20 5 1 25 to 3.70 5 3.00 5 1.50 to Called Apr. 1, 1941, .at par — (Newark) Amer Relnsur (N Amer Reserve (N Y)_ Y)_ Amer States (Ind'nap) Amer Surety (N Y)_. Automobile Ins Hartf) Baltimore Amer (Bit) Bankers Natl Life Bankers & Shipp Boston (NY) (Boston) Buffalo Ins Co (Buff) Calif-West States Life Camden Fire (Camden) Carolina to % 3.70 % 3.65 % plus int. Capital 10 N.O.) City of NewYork(NY) City Title Insurance Colonial Life (Jersey 500.000 5 400,000 1.500,000 10 6 100 Nat'f 100 10 _ (Hartf) Continental Amer Life (Wilmington, Del) Continental Assurance 10 Conn Gen Life 10 Ind).. Oontinental Ins (N Y) 2 h 2% Eagle Fire (Newark) EmployersRe-lns(KO) Excelsior-- 10 5 5 (N Y) Federal Ins (Jer City) 10 20 Fidelity & Dep (Bait) Fidelity-Phenix (NY) 2h 10 Fidel & Guar (Bait)— Phila Fireman's (Wash'ton) 20 Fire Assoc of 10 Flremans Fund (8 F). 25 Fire mens Ins (Newark) 5 Franklin Fire (Phila) General Reinsurance. 5 _ 5 Georgia Home. 10 Fire & Mar Glens Falls Insurance 10 Gibraltar (Glens Falls. NY). 5 5 Globe & Republic Globe & Rutgers Fire. 2d preferred Gr Amer Indemnity 15 15 (New York) Halifax (Halifax. NS). H an over Fire (N Y)_ Hartford Fire (Hartf) Hartford Steam Boiler 10 10 10 Homestead Fire (Bait) 10 Green Bay— 1940-1954--J&J 6 0.75 to 2.25 1940-1951-J&D 6 0.75 to 2.50 4^s ref wat Yakima— 5s Wat rev 0.50 0.50 4%a 1941-1947 A&O 6s W W 1940 1960—M&N Madison— 4ha .. _ J&D 1940-1949 Milwaukee—5s 1940 % to 1.50 to 2.75 6 0.25 to 1.50 0.25 0.25 to %M 1.00 .-J&J J&J 4 ha 1940-1945 4s 1940 1944 J&J 1.30 to 1.20 1 Milwaukee County— 1.75 1.30 1.60 to to 1.30 1 4ha Ct H'se '4(K50 M&N 15 4%a Sew Mar 12 1941-1945- 0.50 0.15 1.20 0.15 0.25 to to 1.90 1 4Hscourth'se *40-49 J&D 16 0.25 to to 0.60 1 to 1.80;' 1940-1357—M&N F&A 1.00 1.00 to 3.00 0.25 1.70 to 1.90 - Racine County— 1.00 to 225 6 0.65 to 1.80 Superior 4 ha Sch 2.00 to 3.50 6 0.20 to 1.25 6 1.25 to 1.90 6 0.15 to 1.90 6 1.00 2%a May 1 1944-1962-. -j&D 6 0.15 2s Road 1940-1963 1 ha Road 1950-1951—.-J&D 15^8 Road 1944-1964— .M&S 6 1.00 to 1.90 1940-1946- —J&J —J&J 1945-1954 —J&J 1940-1943 5s Highway 4^8 4 ha —J&J 4s 1941-1950 —J&J 4s July 1948-1952 —J&J 3ha 1951 and 1952 —J&J 3Hs 1943-1952 3s Sept 1, 1910-1946-— .M&S 2 he Sept 1. 1946-1960- -M&S 2%a Nov 11910-1962--.-M&N Reserve 1940-1941 6s 4%a 1940 1950 J&J '40-'44-J&J 1.50 5s 1941—A&O ♦ 1.00 No 2— Natrona Co S D J&J 1940-1944 6 0.25 to 1.25 % / Flat price 6 Basis. of issue. Surplus 31, Unearned 1939 Reserve Premium Dec. Par Ask Bid to WYOMING 4s Road 1951 opt to 1.90 Premium 1939 Racine 4ha the closing day of the month preceding the date Capital Ask Bid Per share 1,057.804 770.728 532,498 5:16,036,236 2,165,995 122 126 51 h 53 h 31% 33% 75 79 24 h 22 25% 23% 8 8 h 20 21% 12 h AV-4 1I" 47 share 20 2lh 30 32 50 52 35 37 7% 8K 23 h 25 h 102 % 20 39 Knickerbocker 5 Lincoln Fire (NY) 5 210,000 City, Mo) (N Y) 29% «!H 22 h 7 31% 2% 24 % 8 14 15 30% 637,530 1,000,000 1,421,828 $21,700,845 2,642,443 $27,864,308 69 W* 40 34% 40 lVs 51 6h 8h 47 h 125 38h 31 67 h 27 97 9% 29% 42 26% 24 % 41 103^ 155 72 1,000.000 2,544,798 1,000,000 5,352,343 8,150,000 25.681.304 2,000,000 1,757,193 2,000,000 4,000,000 National Cas (Detroit) National Fire (Hartf)- 750,000 5,000.000 4,000,000 1,100,000 1,000,000 5.000,000 6,244,634 17 18% 32% 34% 47% 15% 3% 24% 49% 17% 4% 200,000 — New (Pitts) Amsterdam (Baltimore) Brunswick (New Brnns. NJ).. New Hampshire Fire (Manchester, N H) New York Fire 10 1.000,000 2.121.228 1,580.311 10 5 3,000,000 8,229.214 1,000,000 2,156.234 927.484 1,500,000 2,000.000 14,060,178 600,000 1,526,085 1,000,000 5,453,997 4,686,941 2.466.401 2,245,657 5 (Hartford) North River Ins (N Y) 2% N'eastern . North Star Reinsur 5 Northern Ins Co(NY) 12 H N orth wester nN ational 1,000,000 630,000 700,000 12 17% 75 (Milwaukee) Y)_— _ 5 10 Phila Life (Phila) Phila Nat Ins (Phila) Phoenix Ins (Hartf) 10 3,000,000 8.475.475 1,000.000 4,932,000 1,000.000 3,200,302 287,636 754.694 3?* 60% 8% 17% 141% 147% 58% 7% 15 6,070,084 2,121,895 4.959.557 5.460,234 5,415,507 957.537 2,411,725 735,709 $19,038,646 3,699,317 3,023,180 2,832,531 2,500,000 2,119,524 $35,421,052 281,435 493,974 207,183 $12,613,671 575.240 1,304,124 8.725.846 39,661,976 26 19% 99 127 103" 130 25% 12% 124% 128% 38% 39% 14% 10% 1% 2% 25% 11% ..... 15 16 81% 85% 2,199,510 218,269 15% 17% 6,414,876 4,998,898 1,928,266 3,184,552 1,433,308 2,032,497 4,596,157 297,899 35% 981.131 22 23 2,738.240 1,263,895 1,579,093 26 25 27% 26% 2,071,824 St Paul F & M (St P). 62h 10,000,000 21,070,534 845,307 Seaboard F & M (NY) 10 1,000.000 Seaboard Surety (NY) 1,000,000 10 1.000,000 10 Security Ins (N Hav). 2,000,000 4;000.000 Springf ield Fire & Mar 25 5.000,000 14,919,181 (Springfield. Mass) Standard Accident 10 1,380,640 2,675,687 Stand Fire (Trenton) 1,315,960 12 h 300,000 5 500,000 1,241,513 Stuy vesant Fire (N Y) 827,848 27 247 (New York) Protective Indemnity Providence ton 10 1.000,000 10 6.000,000 5 . — 1.000,000 1,000,000 2,950,945 808,755 3,000,000 1,530,000 Accident Preferred Washing¬ (Providence) 10 . - 10 ReinsuranceOorp(NY) 2 Reliance ins (Phila).- 10 10 Republic (Dallas) 10 Revere (Paul) Fire Rhode Island (Prov). 2 h Rochester 8 10 - 1,000,000 2,000.000 1,000,000 892,537 7% 3% 37% 3% 5 American 10 (Rochester) 4,041,236 10 H 12 % 26 H 13 28% Sun Life Ass'ncejCas) 100 14% 26% Travelers Fire (Hartf) 100 2 88 28 Fire 1,500,000 43 7% Cas 10 10 H 51 1.691.246 1,117,201 15.102.208 5,591,541 95,914 7,339,788 10 30% 44H 28 % 26% 47 4.131.181 25 165" 68% 1,009.695 1,000.000 22,414,530 8,784,716 235,471 5.609,852 Pacific Fire (N 39% 31 Vi 69 h 65% 9.016,344 Pacific Indemnity Pan-Amer Life (N O) Peerless Casualty 9 % 3% 5,331,877 1,000,000 42 127 40 2% of 31 8 10% 2% 2.500.000 com & Mfrs 1,000.000 1.000,000 1,000,000 49 % 9% 2 York New 2.000,000 53 45 400 Fire Assur (New York) Merchants 13,146.880 33,867,780 4,058,267 10 15 24 H 85 1,484,447 11,539,889 25 72 1,255,309 5,256,395 2,326,675 4,424,256 Occidental Ins (S F)__ Old Line Life (Milw)- 35% 40% 2% 37" 42 % Manufacturers New 29 6.933.791 2,853,978 3,011,073 370 Nat Union Fire IV* 22 3,529.077 $41,796,596 383,858 $18,022,948 8,180,687 $219464,625 2,500,000 7,324,229 1,000,000 1,453,186 1,200,000 [7,789,632 t887,835 6,205,984 $103,115,640 2,148,977 1,224,424 201,290 100,222 1.000,000 1,000,000 390 2,000,000 1,500,000 3.000,000 1,500,000 2.500.000 250,000 228,044 755,095 834,962 4.000,000 12,866,770 2,400.000 9,130,299 3,750.000 51,504,983 1,000,000 1,934,396 2.000.000 10,214,569 300,000 397,403 7,500,000 16.356,502 9.397,690 8,029.384 3,000,000 8,828,675 1,000,000 6,000,000 500,000 1.007,254 1,000.000 1,187,443 100 sas 625 145 6,822,050 5,000.000 66,076,028 815,000 373,178 1,000.000 375 a3,456 2,000,000 20 'ersey Ins Co of N Y. Kansas Cliy Life (Kan¬ Nat'l Liberty (NY).. Nat'l Union (Wash) 18,657,475 9,784,360 19.678,872 897,459 3,252.880 300,163 400,197 2.824.060 6,352,355 15,451,216 3,997.692 9,527,819 254,365 12,757,108 13,967,492 7,272,844 2.164,733 991,253 1,326,705 34 100 615 17 73% 73 21 1,031,277 3,000,000 $73,418,070 1,979,097 1.215,138 Merchants 15% 21,620.936 2,320,883 1,000,000 2.000,000 49 900.000 el ,681,064 150.000 in 12.000,000 65.269.141 (Philadelphia) Insur Co (State of Pa) 100 1U Jefferson Stand Life— Cas'ty 10 (Phila) 1 Maryland Casualty— Mass Bonding & Ins 12 H (Boston) "9H 1,573,861 17,274 U 8 Casualty conv pref U 8 Fidelity & Guar¬ anty (Baltimore)... 2 8,097,451 48,121,615 2,634,445 59 M 61 % U S Fire (New York). 31 h 41% 33H 42% 2% U S Guarantee Co Univer Ins (N J) 1,188,742 18 h 20% Westchester Fire (NY) 2 h Wisconsin Nat Life 10 West Coast Life t Consists of $312,000 $4 cum. 1st pref.. $500,835 $5 2nd pref. and a Statutory insurance reserve, e Includes capital, legal reserve or life Insurance reserves, to 1.25 to 2.25 Unearned 5 15,000.000 50,371,518 _ No par value, 4 ha 1940-1944.J&J 6 0.50 6 1.75 Payment can be made any time. 6.515;886 10 12.000.000 56.776,267 10 10 (Hartford)-- — Home (New York) Home F & M (S F)— * to 2.00 1940-1952.J&J WISCONSIN to 1.60 _ Great Amer Ins (N Y) Home Fire Security. to 2.40 to 2.15 A&O J&J 49isEIL&P'40-51(s-a 4s Water 1944-1946 Casualty (Hammond, Excess Ins 0.50 6 0.25 Wheeling— 5s Wat Wks Walla Walla— Life 10 Continental to 2.40 0.25 Eau Claire 3,000,000 17,202,657 17,820,380 10 7,500,000 18,089.892 19,768,389 10 15,000,000 21,855.402 $582926,448 5,757.113 5,007,051 25 3,000,000 1,521,263 10 1,200.000 2,425,092 1,909,764 10 3,000,000 3.513,926 563,730 1,591,302 5 563,730 5 4,932,801 1,000,000 2,920,034 213,183 985,989 5 157,500 75,451 390,363 100 200,000 1,145,116 10 1,000,000 1,086,606 11,354,498 12,464,818 2% 3,343,740 1,424,965 10 2,000.000 4,925,023 2,643,210 10 1,000,000 1,282,815 892,276 350.000 350,000 10 6,192,656 25 7,500,000 5,837,363 9,618,591 10 5.000,000 8,617,287 2,079.984 1,500,000 2,330.902 2% 673,500 $ 5,143,342 10 250,000 3,576.034 25 1,000,000 2,170,527 4,615.817 100 3,000,000 14,650,936 2.459,378 1,000,000 2,339,491 100 875,000 770,000 $47,612,851 5 5,807,891 2,000,000 4,121,087 5 Central States Life (St Louis) CoVum&fan 2.40 to 1.40 to 2.10 (Wilmington (Boston) Commonwealth Life. b 1.00 to 2.50, 0.50 insur Co of Nor Amer (Hartford) In ur to to 2.40 10 Agricultural (Watet'n) Allemannia Fire (Pgh) Amer Alliance (N Y). Amer Cas (Read'g.Pa) Amer Equitable (N Y) Amer Fid & Casualty. Amer Fire (Wash'ton) Amc Home Fire(N Y) Amer to 2.50 b 1.25 6 0.50 Per & Sur (Hartford) Aetna Life to 2.20 2.15 to 1.00 Surplus Aetna Insur (Hartf) to 2.50 b 1.00 b 0.75 Dec. 31, Aetna Casualty b 1 25 4%a Water '40-'43 (a-a)J&J 6 0.75 4ha EIL&P '42-'46(s-a)J&J 6 1.25 Quotations are as near as possible for Par 2.20| to WEST VIRGINIA 1 , L & P 2 80 b 0.75 J&D J&D 6 D— j 5s 1940-1952 J&J 6 Clarksburg 5s 1940-1953-A&O 6 Huntington 5s 1944 --Oct 6 Morgan town 5s 1940-1948. J&J Charleston 8 % Port of Seattle— 4 ha 1949-68 opt 4s 1940 1953 Charleston— 2%a 1940-1958 2Hs 1958-1972 to 2.20 Tacoma—Revenues— 4 His Gen oblig wat. 1940-59 5 1.00 Water revenue bonds— 4s 1946-54 optional 1946— 5 2 60 King County— W.w 5 0.75 4^8 Bridge 194049-M&N 4 ha 1940-1950M&N 5 0.75 Pierce County— 5 0.75 4 ha 1940 1944 M&N b 1.75 1946-1950- Spokane— 4 Ha Park* 1982J&J to 1.20 % 4s & 4 H[s ref 1940-51 J&J to 2.10 % 3%a Ref 1943-1954--J&J to 2.20 % 4ha 1941-1954 M&8 to 2.30 % 5ha 1941-1953 J&J 5s Imp Mar 1 1941-1942— 102 4.00 Spokane Water Revenue— 4%a-4 H»s 1940 1941—A&O "~3~ 75 % to 0.75 Everett— 6s 1941 6 0.50 Net Ask -it- Seattle School Diet No 1— WASHINGTON 6* Gen Fund Bid Bonds Ask Bid Bonds Net To or or To Bid Yield Basis Yield Basis or Bond* preceding the date of issue possible for the closing day of the month near as Yield Basis ♦ BONDS STATE AND MUNICIPAL 100 (S F) 4 10 8 5 1.000,000 9,609.365 756,344 971.581 6% 37% 4.078.182 33% 12.376,770 6,375,650 1,257.482 52,856 2,000,000 18,118.208 $69,574,151 6.233,177 $15,381,874 2.000,000 14,016,221 2,000,000 6,233,177 2,000,000 20,008,203 2,000,000 $2 2008203 2.000,000 6.477.319 400,000 1,263,531 243.41" 375,000 1,000,000 400,000 9,315,81 574.790 $75,000 $5 junior pref. stock, x Not an insurance company. . 10,217,865 10,217,865 3,003,657 875,185 $24,100,281 5,748,869 $7,779,760 30 253 8% 39% 35% 116% 121 39% 41 % 62 3% "4% 290 340 458 468 9 21% 49% 73% 9% 23 51% 75% 22 23 8% 31% 16 9% 33% 17 t Policy reserves, also called REAL 101 ESTATE BONDS Quotations are as near as possible for the closing day of the month preceding the date of issue Bonds. Bid Abraham Lincoln Hotel (Reading. Pa) 1st extd 4-5s 1945 A&O Albany Metropolitan &-6s 1949.. Alden (Hoiel) lst3-5s 1957—F&A Alexander Hotel (Md)4s *42 A&O Ailerton N Ask Bonds. 65 76 72 35 60 Y Corp — Oum income 2-6s July 1 1955— / Allied Owners Oorp-— 1st income 5s J&J 1958 10134 9134 Debenture 2s 1963 -J&J Ambassador Hotel (Los Ang)— Non-cum inc. 4-5s 1950—A&O Amer Insur Dn Bldg 6s '41.M&N Arcade Bldg & Rlty (Seattle)— 1st leasehold 3-6s 1948 J&J 47 49 59 H 6034 28 31 Non-cum inc 5s June 11949J&J Arrowhead Lake 7s 1944-47.J&D 1957 A&O AdJ non-cum inc 6s 1957.M&S Assoc 68 14 J&J 49 47 -F&A J&J — 1940 1st m leaseh J&P 194fl Bldg 6s 1951.. M&N Hartford Times deb 4 Ha *51 M&N 45 Ben] Franklin 6s ctfs 1933 Berkeley-Carteret 5 Ha '46.M&N Blng & Blng deb 6 Ha 1950 »&S Income 7s 1950 w-s M&8 Book Tower (Det) 2-5s *52-(w-s) / / / / 22 66 334 1534 14 Broadway-Barclay Inc— 1st, 2d 1956 In June / Bway Mot Bldg 4-6s 1948—F&A Bway-Spring Arcade Bldg— Non-cum 3-5s April 1 '57.J&D Bway & 38th St 7s 1945 J&J Bway & 41st St Bldg 3 34-5s 1944 > Bklyn Fox Oorp Inc 3s Oct 1 1957 / Bryant Pk Bldg (NY) 6 t4s'45J&J 2-434* extended to 1955 J&J Bush Term Bldg—See Industrials Butler-Hall 4 X-5s 1947.Q Mar 25 Cent Manhattan Props 5s'46M&S / Central Zone Prop 6s w-s'53 F&A Chain Store Depot 6s 1940--M&8 Ohanin Building— 1st Leasehold inc 4s 1945.M&S . 23 65 40 32 34" 1034 1234 17 H 20 1734 20 4634 47 14 i" 56 Loews 18 36 74 55 & Office 55 18 f ords Court Marcy (The) 6s 1940 Mark Hopkins Inc— 102 38 <*» - - — 94 7 56 58 26 10" 7 3 2 .... 35 2734 39 40 17 19 1 103 79 7 34 7 ' 7434 109 53 55" 1st mtge 2-6s 1955 J&D N Y Majestic Oorp 4s (w-s) 1956 N Y Postal 8ervice Station— 21 23 40 mm m . mm — - - - - 2534 2134 - - - 534® 1937 New York Title & 62 20 2134 134 13 34 51 Fifth Ave 4s 1943—*— A&O 37 52d & Madison Office Bldg— 1st Leasehold 3s Jan 1 1952 3434 500 Fifth Ave 634s 1949 J&D / 15 Stamped 4s 1949 J&D 1534 1500 Walnut Corp (Phlla)— 1st 6s 1950 A&<> / 25 1528 Walnut Corp 6s (w-s) 1951. / 13 Forest Lawn 1st M 5s *64 F&A 100 20 534 75 ....F&A 4534 5434 3834 series B-K series C2 series CW-1 series FI series Q 2134 634 Mtge— 5348 series B-I 534s 534» 534s 534s 5 34 s 2234 58 10 ......... / 4634 5634 4034 17" 61 4334 1734 4534 Olympic Inc (The) 8eattle— 1st 6s 1943 15" M&N Nominal. 2 234 10 34 2534 92 634 134 (Chicago)— / Bldg 'Bostonj— M&S Strauss-Manhat conv 6s *33.J&D Taft Rlty (New Hav) 6s*40 A&O Income 3s w-s 1951 Nov 10 East 40th Street Bldg 5s 1953 Non-cum inc 6s 1958.J&D 3534 102 31 24 2334 85 5 35 3234 Textile Properties— 1st 4-5s (w s) 1958 M&N Textile Crafts Bldg 6s w s 1944.. 29 Trinity Bldg 534* 1989 J&D Trinity Court Bldg 4s 1941.M&S Stamped 2 Park Ave Bldg 4-5s 1946.J&D 1946 Ann Dec 19 31 78 43 10 2234 2124-34 534 38 Tyler Bldg 6® (w-s) July 1 1953— U S Realty & Impt 6s 1944. _J&J 20 Bway Bldg 534*—1943 Van Sweringen Co— 1st 6a 1935 F&A 1st & coll s f 6s 1938 A&O Van Sweringen Corp 6s '35.M&N Varick St Sta P G (N Y) 6s 1941 Wabash-Monroe Bldg 6s 1953 J&J Wadsworth Bldg(NY) 6s *63 A&O 32 33 78 654 24 234 24 101 40 Income 3-4s 1950-.--Ann Feb 5434 Waldorf Astoria (Hotel)— Non-cum inc 5s 1954 Wall & Beaver St Corp— M&S / 1st 4 34s w-s Nov 1 1951.-_J&J 73 75 55 57 Warner Bros Hollywood Thea— 1st 634s 1941.— ...M&N Washington Properties Inc 7s 1962 Westchester Bond & Mtge 534s„ 12 734 20 94 52 16 56 Woodbridge Bldg 534s *41..A&O 102 k Last sale. 1034 12 12 Westinghouse Bldg 4s 1948.A&O i n 68 58 M&N Stone & Webster 5s 1947 2134 2034 A&O 434 21 41 1942 70 18 100 7s 1940 / Flat price. 1945 5634 66 Wallbrldge Operating Co (Buff)— 35 59 1900 Rittenbouse 8q 'Phlla)— 1st cum income 534s 1945. (w-s) / North Station Indus Bldg (Bost) 1st m s f 6s 1962 -A&O 39 234 2480 Bway Bldg 2d mtg* 3s 1944. 10934 75 N Y Athletic Club-— 38 35 23 Lexington Ave 234-4s '50.F&A 29 4th Ave Corp 234s '63 (w s) 29th St Towers Bidg 3s 1942 35 36 30 21 M&N 2d fee 3s 1834 Conv a f deb 6s 1948...J&D 15 New Weston Annex 3-4s whs 1945. 234 71 1434 73 — 65 1088 Park Av Oorp 234-5s'53 M&S 1st fee & l'hoid 4-5s 1949.A&O Neisner Bros Realty. Inc— 31 103 34 83 69 — 9134 Stanley-Mark Strand 63<s 1941 Stanley Real Est 534s *45 J&D State-Randolph Bldg 'Chicago)— Income 5s W-S 1956 9234 4 — 20 27 34 Sixty-one Broadway Building— 1st s f 3 34-5s (w s) 1950..M&N Income 3-3 34s stpd 1955.M&N Speed Building 'Louisville, Ky)_ Stevens Hotel 92 — 32 4 82 Steuben Bldg (Chic) 6s 1943 M&S 2 97 Prooerties. Inc— Sec sf 534s 1916 J&J Merchants Nat Prop 4s '58.J&D Metropolitan Playhouses— Debenture mtge 5s 1945—F&A Midland Invest Corp (Mo)— See Investing Companies. Montreal Insur Exch. Bldge 1st mtge 2-5 34s 1950 &J Nat Hotel of Cuba 6s 1959-(w-s) Nat Press Bldg 3-5s 1950 J&J Adj mtge inc Apr 15 434" 1950National Tower Bldg— H 28 27 I Corp— .—.J&J 6s debenture 1951 On Sept Schuyler-Hudson 4s 1947 Sevilla-Bilt Hotel 734s '37 ctfs... Shelburn Inc (Atlantic City)— 534s 25 9134 Mecca Temple 5s 1942 48 31 234 Mercantile r 5134 134 F&A —, 40 9034 334 Ann Oct / Schulte Real Estate 6a 1935— With stock J&D / Without com stock J&D / Income 6s 47 45 1st income 6s Feb 1 1952. Marshall-Wells Bldgs 634s'47 F&A Mayflower Hotel( l> O) 6s 1950— 2i* Dorset Hotel 1st partic 2s 1957— Drake (Phha) 6s w-s 1959 / Eastern Ambassador Hotel units. Eppley Hotels 1st sf 3-6s 1951 J&J Equitable Office 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 Ha 1945. / 5th Ave & 29th St Bldg 6s 1948— / 5th A ve & 55th St Bldg 4s '55 w-s 15 Park Row 4s w-s 1952 J&J / 50 B'way Bldg 3-6s 1946--.M&S / 51 East 42d St 3s 1956 On Mar / 2634 69 1942.J&D 6 — 30 6s with stock 1959 Sherneth Oorp 3-534s (w-s) 1956. 60 Park Place Bldg 3 34s-5s..l947 65 50 H 50 4s Nov 1 1956... 80 John St extd 4s 1950— A&O / 870 7th Ave 434s Jan 1 1957 65 34 21 Macrid Realty 3s Madison Inc (N Y O)— Mtge cum Inc 3-6 34t 1957M&N / Manhattan Towers 6s 1948.M&S f . 80 Broad St Inc - 24 22 Columbus-Venetian-Stevens Bldg (Chicago) 1st leasehold Inc „ - 6734 2534 3634 6?* 65 Edgewater Beach Hotel (Chicago) Cum Inc deb ext 5 34s '41—U&S / 11 Park Place Corp 4s 1948 M&N 11 West 42d St (N Y C)— 434s-5s (stamped) '53 M&N » 48 20 Oct 55 83 Bldg 6s, 1941—M&N / 38 67 1959. A&O / 1st cum inc 2-534% June 1957- Theatre Bidg 534s B 5s, 1943 Savoy-Plaza Corp— 3-6s (w-s) 1956 4834 Lombardy (The) 6s 1942..-M&N London Terrace Apts 3-4s'52 J&D Lord Bait Hotel g m 634s *45 *&< > Lord Nelson Hotel s f 4s '47-M&N Oolonade ser San Fran Paramount 8 5934 4 42 1534 St Louis Post Office— 60 20 66 62 34 5334 88 Bldg.'Sac Fran.)6s'61 F&A St Charles Hotel (Atl Cy) 634s *45 7 18 Midland 5134 26 54 17 81 6 / 40 41 Russ F& ■ 37 1950—J&D Realty Assoc Sec Oorp— 93 534s ex stock 1963 Lincoln Mtge Co (Newark)— Cum inc (w-s) 5s 1948—.A&O 86 3-5s. 1955 M&S 1934 Congress Square Hotel 'Port Me) 534 s 1946 M&N 101 Court & Re^s*"" '^rookljn) Bldg Oorp 1st s f 3 34-5s. 1940 26 Cromwell (Oliver; 6s 1939.M&N / 2 De Paul Hospital 1st & ref 3-3 H-3H-4s 1939-1947-Q-Feb 9834 Detroit Hotel 6hs to 1941—M&S / 48H Gen income 5sNov 15 '83.J&D / Prudence Securities Corp— Income 534s ser A 1961--M&N 534s 4th series / Quincy Station P O (Chicago)— 1st extended Inc 5$ 34 5134 11 67 65 34 29 J&D 39 90 Robert Treat Hotel 'Newark)— 2-6s July 1 1956 An Mar / Roxy Theatre 1st 4s 1957..M&S Income 5hs«s 1963 41 52 - mm 72 3734 9 43 41 Lincoln Bldg Corp— 5 Pitts Hotels Corp 1st 5 Ha '48M&S / Mtge cum inc 5s May 1962. Conv cum Inc deb 5s May 1967 / 90 Extend 1st 4-6 Hs 1948 Lenox Hotel Inc 5s 1950 F&A / Lewis Morris Apts 1st 4s 1951— 50 50 84 Construction— lets f4-4Ha 1948(w-s)--_A&0 Colonial Apartments 6s 1937 mm io 69 43 / / / Voting tr ctfs for common.. Poll-New England Theatre— 1st s f 5s 1958 M&N 19 40 2534 / .. «. ~ Income deb 6s Units 1934 4934 gen 5s 1944 — 23 21 90 Rlttenhouse Plaza 234» Jan 1 1958 Lawrence Hotel 'Erie, Pa.)— 6s Jan 1 1948— M&S Lefcourt Mannat Ridg— 69 4 f Detroit Leland Hotel 5s Oct 1 '52 Domln Square Corp 4s *59 J&J — / Ask 52 45 15 1st fee 4-58 1948 Lefcourt State Bldg— 12 2d Leasehold inc 2s 1945.M&S 3d Leasehold inc 1st 1945.M&S Chesebrough Bldg 6s 1948-A&O ChicHerald & Exam 6Ha '50 M&s Circle Theatre extd 6s 1946.M&S Cleve Term Bldg 1st 6s 1941-J&J 82 24 Orpheum Th & Rlty 2-6s *46 M&S Palace Hotel (San Fr) 5s *45. F&A Vantages 'Alex) 6s to 1947.M&N Paramount Bway Corp.— 1st M s f 3s loan ctfs 1955 F&A Park Crescent 6s (w-s) 1955—— Park Lexington Co Inc— 1st mtge leasehold sf 3s *64.J&J Park Place Dodge Corp 6s 2-s '52 Pennsylvania Bldg 6s 1939 M&N 2d non-cum Inc 4s 1959.M&N Plerrepont Hotel 3-4s 1951.-J&J 71 33*s-4s 1952—M&N Lake 8h Ath Club (Chic) 634» '46 La Salle W acker 5s fixed.—... 34 39 103rd & West End Ave— Income 5s June 1 1942 J&D / 110 So Penn Ave (Atl City)— 6s 1944 J&D 165 Broadway Bldg— Sees f ctfs 434s (ws) 1958 Income 5s Oct 1 1943 J&J Repub Bidg(Denv) 3-5**49.J&D Retail Properties— Deb 5s series A 1959 M&S leasehold 18 48 45 Keith Memorial Bldg 6s 1943 Kramon Devel Co 1st fee & 25 3234 f 6s *51. (Boston) 5s (w s) 1953 Jagelg & Bellls Realty 6s '48.M&S / 5 40 64 .M&N 103 East 57th St Bldg 6s *41 M&N / s Hotel Taft Oorp 5s 1947 F&A Insurance Exchange Building 15 3 2134 4434 1st 5s 1957 (w s) Apr / Hotel St George 4s 1950 A&O Hotel Syracuse Inc 3s 1955—M&S 49 30 35 2034 2434 18 1st s f inc 3 34-6s May 1 1948- / Hotel Drake Oorp Inc 3-5s "53F&A / Hotel Lexington units 4s '55.M&S Hotel Sherman, Inc— 5 234 31 103 Hearst-Brisbane Properties— 1st fee & l'hoid 6s 1940-41 J&D 1st fee & l'hoid 6* 1942 J&D Herald Square Building— 21 Boston Parcel Post 3s Oct 1945— / Boston Postal Serv 5 Ha *38.J&J / Edgewater Beach Apts— Liq Tr inc 6s w-s *50 Ann — 81 Harrlman 9234 9134 9934 1st 5s (Brooklyn) 1947 F&A 1st 5s (Long Isld) 1951 A&O Beacon Hotel inc 2-4s Apr 1958— / Bellevue-Stratford I Phil a)— 6 Ha 1935 J&D / _ 2934 634 One Park Ave 2d General s f 2d 3s Aug 1958 F&A / Ore Paramount Corp 4s '57-M&S 37 20 1949——J&J Greeley Sq Bldg 6s 1951—-Feb / 98 Stamped Cleveland Theatre 534 ' __ Realty Bldg (Los Angeles) Barker Bros Bldg (LA) 6s'47 J&D Bauman (Ludwig)— , 30 90 J&D / Governor Clinton Co Inc (N Y C) 1st mtge 2-4s 1952 M&S Granada Apt Bldg 6s 1938—M&S / Grant Bldg (Pittsb)— 234-5s 1957 (with stock) J&D Graybar Bldg 1 Esbi Offices lnc>— 52 6s Income 5s 1948 (w-s) Baker Hotel 'Dallas)— 1st s f 5s 1950 (with stk) Bait Parcel Post 5 Ha 1949 40 1st leasehold 6 34s to 1941.M&S Fox Theatre & Office Bidg Income 3s 1957 f Fuller Bldg (OAF Realty Oorp) 53*8 to 7 Assoc Chain Store Realty— 1st mtge coll 5 Ha 1957—-J&J income if* Garrett Buildings (Chicago)— Arcady-Wllshlre Co (Los Ang)— Oum 234 17 2634 1st 2 34-4s (w-s) 6s 1944 30 29 28 Certificates of deposit Fox Det Theatre 6s 1942 A&O f Fox New Academy of Music 16 15 134 18 34 Bid Bonds. Ask Bid 40 Exch Place 534s 1956 M&S f 40 Wall St Bldg 1st 6s 1958.M&N 42 Broadway Bldg 6s 1939—J&.l f *8 St Real'n Oorp l-4s__Mar 1952 1400 B-way Bldg 4-5s 1948.J&J 1410 B'way Bldg 3 m 1941.A&0 i Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS Quotations in this department are given per share, not per cent, except as for stocks of Canadian Institutions, and are possible for the closing day of the month preceding date of issue, though often are near as nominal. An asterisk (*) denotes sales. Comptroller's last call; for all other insti¬ required. For Figures of deposits, capital and profits for the National banks are from the tutions they are the latest obtainable, direct returns the Clearing House banks of New York, deposits are Nationa I Banks March 26 Stats ALABAMA Surplus Institutions National Banks March 26 March 26 CALIFORNIA Surplus Cross & Par Deposit* Profits Capital being procured by us where no periodic statements are taken from the latest weekly statement. Institutions March 26 Cross & Par Deposits Profits Capital Ask Bid State Bid $ Birmingham— 100,000 k Per $ Common 104,396 2,043,421 600 000 11,195.737 Bank for Savs. & Trts. Birm'ham Tr & Sav 36.360.809 al .714,000 Preferred., Industrial Sav Bank. d 125,000 First National Bk— Common 4,600,000 Preferred Mobile— 3,800,000 Amer Nat Bk & Tr Co First Nat Bank e 1,194,217 100,000 40,000 Preferred.. Selma— City National Bank. People's Bk & Tr Co. Selma National Bank Selma Tr & Sav Bank National Banks 10 2,724,250 1,616,164 1,612,190 1,559,704 238,919 71,488 221,659 106,404 31 25 25 K 25 19,763,624 2,558,138 uan 30 10 4,107.210 50 dl.750.000 899,323 26,076,728 *10 250,000 485,000 600,000 270,000 770.770 13,588,557 125 273,659 64,449 9,264,449 3.329,904 100 100 6,326,670 187,086,846 8,018,954 125,147,510 20 San Diego Tr & S Common Preferred 25 62 ^ 61 153^ 16 15 16 Security Tr & Sav Bk United States Nat Bk San Francisco- Anglo California National Bank Bank of Calif, N A__ Bank of Amer Nat Tr {IK & Savs Assoc.. Bank of America Bank of Canton 102 98 25 100 1,000 000 500 000 1,300 000 Crocker First Nat Bk 6,000 000 The San Fran Bank6,000 000 Pacific Nat Bank dl.000. 000 Wells Fargo Bank & Union Trust Co 9,000,000 1,200,000 Yokohama Specie Bk American Tr Co— Nomi nal. Per 550,000 247.500 917,770 191,350 3,726,900 Valley Nat Bank— Common........ 100 First National Bank. Santa Ana— 18,578,410 t 20 4,447,930 t 25 Commercial Nat Bk. N 600,000 1,196.600 J 1,481,885 250.000 534,557 40,975,579 I 139,750 First National Bk— Common.... o Tucson— re cent Sou Arizona Bk & Tr National Banks March 26 10,212,941 {w sa 100 375.000 March 26 275,000 600,000 500,000 137,757 622,126 554,934 2,360,886 8,151,745 10,152,741 300,000 200,000 100,000 651,972 155,775 43,921 11,804,694 4,575,821 1,235,464 20 25 sa 300,000 \ 185.500 444,942 15,256,325 120 663,000 441,006 20,798,511 60 100.000 400,000 Peoples Nat'l Bank Twin City Bank Union Nat Bank— Common...... Preferred W B Wort hen Co d Simmons Nat Bank. March 26 114,625 1,049,269 2,326,659 11,890,039 100 Preferred class A_. Common 5,000,000 800,000 First National Bank. 4,962,183 11,523,056 2,689,222 100 N 100 100 re cent Savings Bank.. Mer Nat 5,000,000 3,000.000 sa o les See \ \Page 111) State Institutions March 26 100 400 State Institutions March 26 18,162,662 3,428,028 114,835,038 share. 20 149,703 1,875,560 144,503 387,694 416,693 2,642,697 1100 1100 100 6,446,594 100 9,020,656 Denver— 1.260.000 1.500.000 National City Bank. d d Union National Bk 100.000 100,000 550.000 . 100 50 N 32,842 2,502,161 International Tr Oo. Pueblo— 500.000 2,346,723 500,000 30,000 1,746,828 Minnequa Bank,. . Pueblo Sav & Tr Co Common les 22 H (25 2,496,062 3,996,784 43,319 First National Bank. o re cent sa J3,972,806 51H i American Nat Bk 500,000 717,320 Central Sav Bk & Tr d 350,000 98,068 Colorado Nat Bank Common 1,000,000 11,849,745 Preferred 400,000 Colorado State Bank 50.000 137,655 California Bank— Preferred Citizens Nat Trust & 36 M 4SH 100 100,000 1 65,000 300,000 300,000 Common les Nomi nal. Per share. 811,639 236,272 82 X 33 % 120 50,000 Exchange Nat Bank. Long Beach1,000,000 i Western Tr & Sav Bk d 225,000 Los Angeles— 174 11250 P ■ Per Colorado Sav Bank.. o 120 CALIFORNIA Farm & Merch Bank 216 300 Nom inal. N U 8 National Bank.. 9,365,393 5,611,347 100,000 194,000 Preferred 28H 170,891 50 100 40,973,016 flOO \100 1,848,998 100 50 35,739,168 64,827,048 100 1,517,159 973,938 "loo 100 27,568,129 100 19,708,461 22,421,237 2,193,456 j 116,426 N o re cent sa les 100 100 4,917,834 (100 1100 140 5,576,898 120,688,403 5,489,271 141,092,685 * 20 25^ 100 Sale price. 26^ 405 t Controlled by the Transamerlca Corp Secur-First Nat Bk— 24,000,000 132712 060 575,994,943 Preferred 8,000,000 Union Bank & Trust2,500.000 i 2,779,816 38,843,134 {25 50 50 1 1 <—1 50y2 • * lO iO i of San Francisco, Calif. Outstanding preferred stock consists of SI,014,000 1st pref. of $20 par a Common value and retirable at $50 a share, and $700,000 of 2nd pref. stock. • Savings deposits. c ItH ■O !--< Oakland— d Common and preferred stock outstanding. _ Central Bank Farmers & Mer Sav. 331,600 i 87,032 2,000,000 2,639,906 300,000 i 289,170 3,547,540 45,628,547 12,175,410 50 25 100 Pasadena— Citizens Coml Tr & S First Tr & Sav Bk— Common Preferred Pasadena-First N Bk d Security Nat Bank.. 760,057 155,186 43 H 25 First National Bank. Bank of Commerce. 560,880 t COLORADO March 26 100 Denver Nat Bank National Banks *7H 1,800,570 12H ~ Pine Bluff— Nat Bk of Oomrr 150 125 100 *300 Colorado Spgs.— Commercial Nat'l Bk "85" 9,268,444 1100 1100 re cent 25 National Banks 100 Little Rock— & 10,707,055 142,882 CANADA Fort Smith— Farmers : 200,000 1,000,000 Nom inal. Per share. First National Bank. Merchants Nat Bank 21H 35 Stat* Institutions ARKANSAS City National Bank. 904,109 564,700 It 222,179 435,300 Preferred.... Stockton— First National BankStockton S & L Bank lea : 600,000 Union Safe Dep Bk_. Preferred les 100 80 *119 8,769,254 282,325,070 6,336,192 431,450 7.500,000 19,901,526 293,587,658 7,500,000 Preferred San Jose— share. PhoenixFirst Nat Bk of Ariz. Phoenix Sav Bk & Tr sa 373,408 1461398667 12H 40H 25 18,854,965 ,217,422 138,859 3,549,468 100 212 100 296,031 5,281,278 171 100 19,614,473 471,201 100 285 ,261,136 148,964,949 1000 10,850 ,116,010 165,837,882 100 8,568,193 335,835 50.000 000 1,500 000 Canadian Bk of Com 100 Institutions March 26 186,662 re cent 100 \25 dl7.920,000 6,800,000 Bank of Montreal 100 Bisbee— 250.000 i 100 B Common Miners & Merch Bk. o Diego— First Nat T&SBk.. State ARIZONA March 26 138,033 N 100 San Bernardino— 20 Ji 82,440 400,000 120,000 i 200,000 342.500 175.000 Merchants Nat Bank 27 share. 100 Sumitomo Bk of Cal. 125 125 4,979,048 294,762 878,988 Common 33,166,550 1,848,880 6,288,561 1,411,688 American Nat Bank. d 3,529,134 27,515,557 24,484,172 204,751 ■1,845,495 1,732,333 26 100 70,407,122 J2.165.451 300.000 1,000.000 Alabama Nat Bank. First Nat Bank Union Bk & Tr Co— ,858,084 184,565 138,634 49,948 : 956,250 50,000 245,250 145,000 Capital Nat Bank Citizens Bk of Sacra 81,700 375,000 1.000,000 1,000.000 Merchants Nat Bk__ Per Sacramento— share. 50 {50 1 a Ask Nom inal. Nomi nal. 300.000 511,444 550,000 11,097,099 450,000 150,000 300,000 72,755 297,501 5,678,093 e i I I I I I I III I I i i I . I I Ill I I i May 19. 1938. / June 30, 1939. i 100 1 1 1 i i g Revision San Diego First National Co., controls i Dec. 30, 1939. 14,493,799 / 25 ...... 130 k Oct. 125 2,580,356 3,943,956 97% of the stock of. the First National Trust & Savings Bank of San Diego, Calif. 2, 1939. I Last sale price. 20 100 V s Par valve 1C0 yen. Dec. 31, 1938. n New sto:k, BANKS May, 1940] Nationil AND TRUST National Banks March 26 ^QJ^NECTICUT State Inst'Uutlon3 103 COMPANIES Surplus Cross Surplus & Profits Capital Capital Deposits Nomi nal. Bridgeport- Per First Nat Bk & Tr Oo Common Common 1st preferred share. 25,000 122,500 25,000 .. 2nd preferred West Side Bank— Common Preferred 239,972 1,248,775 1,085,520 170,071 4,529,006 201,468 2,177,954 160,446 4,453,195 219,651 181,906 119,313 250,000 Simsbury Bk & Tr Oo 125.000 So End Bk & Tr oo— Common Preferred 50,000 50,000 500,000 200,000 100.000 Travelers Bk 8c Tr Oo West Hartford Tr Oo Windsor Trust Oo 1,938,952 49,460 30 32 jioo 30 25 27 3,013,669 41,818,272 100 100 100 14,616,616 25 44 3,925,199 100 105 115 300.000 834,978 22,880,930 100 135 140 132,000 i 68,000 100.000 392,598 6.652.227 I 20 35 40 I 314,499 6,124,761 20 100 200,000 1,092,944 13,333,929 100 400,000 200,000 482,971 150,357 5,953,566 3,631,789 100 100 37,565 46,883 1,420,464 2,347,791 100 100 200.000 384,348 10,553,668 25 44,789 617,205 1,192,739 n 182,606 1.071.228 18,606,244 19,953,398 2.110.590 100.0Q0 73,984 2,127,541 100 200.000 307,783 8.313.591 109 Florida Nat Bk & Tr Little River Bk & Tr Miami Beach First National Bank Orlando— First National Bank 500 120 1 ... Florida Bank Palm Beach 30 30 Oit 8c People's Nat Bk St. Augustine- 55 10 28% 25 28 25 50 25 14 25 43 1,212,370 i 25 20 79"" 75 11.456.076 4,162,084 1.769.108 6,113,800 1,745,575 5,815 1,599,672 2,825,946 5100 Tampa— Broadway Nat Bank West Palm Beach Fla Bank & Trust Co. 100 1 100 100 100 125 100 100 125 100 150 175 60 70 100 West Palm Beach At¬ 100 z/ioo 185 lantic Nat Bank. 100 25 75,000 200,000 Exchange Nat Bank. 1100 943,348 475,631 139,693 Exchange Bk St Aug St Augustine Nat Bk St. Petersburg— Florida Nat Bank 60 285 25 25 30 % 130 Pensacola— American Nat Bank. 50 100 252,077 44,249,652 2,166,366 53.826.075 3.813.107 3,959,760 2,056,969 jn 60,384 n 25 100 Ask 158,674 901,578 84,187 417,863 126,202 200,000 1,200,000 First National Bank. 3,895,567 7,739,359 17,515,197 1,790,912 81,497,234 Bid Nomi nal. Per share. 130 160 100,000 400,000 100.000 Common.. Preferred 2,018,442 I 25 \100 jn 258,330 300,000 150,000 1,150,000 100,000 4,000,000 100,000 1,600,000 100,000 4.000.000 100,000 Glastonbury Bk & Tr Hartford Nat Bk & t Industrial Bank Pnoenix St Bk & Tr. East Hartford Tr Co Hartford-Conn Tr Oo Park Street Tr Oo Riverside Trust Co.. 0% . M* kl2 25 Miami— Amer Bk & Tr Oo First National Bank. First Trust Co 1100 Hartford— Conn River Bkg Oo. First National Bank. 1,988,584 30,429,261 5% [ 25 n 165,000 97,000 Capitol Nat Bk & Tr 27,780,588 Par Deposits 100,000 1,250.000 First National Bank. al,000.000 First Sav & Tr co 500,000 $ 324,001 600,000 Preferred 1,455.000 Black Rock Bk&Tr. a 100,000 h 139,364 Brldgep't City Tr Co 2,200,000 nl,580,349 North End Bk & Tr Cross &, Profits Ask Bid Par State Insiitutions March 26 FLORIDA March 26 d 35 Meriden— Borne National Bank Meriden Nat Bank.. Meriden TrASDOo 500,000 150.000 100,000 150.000 Puritan Bk & Tr Oo New Haven— Amer Bank & Tr Oo. n 388,333 94,417 108,528 53,989 212,500 n 164,142 n 25 20 21 25 100 15 140 150 25 10 15 100 97 105 Trust Co First Nat Bk & Tr Oo Common 112,625 a 35,681 1,191,725 882.000 Prior preferred 50 315,000 -1,180,237 Oonv preferred New Haven Bk nba Second Nat Bank Nat Institutions State GEORGIA March 26 March 26 Nomi nal. a Community Bank & Trademen's Common Preferred National Banks 17 45 28,247,726 920,000 1,088,454 1,000,682 800.000 760,000 44 41 10,101,519 14,139,163 Un 8c n Haven Tr Oo New LondonNat Bk of Commerce New London Olty 95,370 , 1,218,814 300.000 130 72 70 79 50 81 a 342.832 WinthroD Trust Oo_. Norwich— Thames Bk & Tr Uncas-Mercb Nat Bk Stamford— First-Stamford nafl a 212,500 n 122,934 183,979 68,663 550,000 200.000 n 114 110 100 o 2,388,394 1,956,327 907,883 50 re cent 100 sa les 100 25 19 Macon— Oltlz 8c So Nat Bank. 100 110 120 145 150 Oltlz & So Nat Bank, 170 175 100 145 150 liberty Nat Bk & Tr Bavann ah Bk 8c Tr.. Citizens Bk 8c Tr Oo 962,962 12,262,663 100 264,290 5,990,649 25 1,180,748 600,000 300,000 1 2,223.847 9,210,363 3,668,669 Waterbury— 184,0001/ 155 218,458 25 85 100 r5,000,000 500,000 645,000 55 200,000 1 DELAWARE State National Banks March 26 Institutions 100 100 100 100 100 104,166 1,657,637 10 16% 100 100 100 Per 210, 000 500 000 625, 000 203 175 1,000, 000 1,500, 000 672, 600 4,000, 000 30 Per 316,314 4,575,783 1,149,195 727,500 915,535 2,822,705 nl,035,310 12,257,455 2,600,687 18,088,448 3,594,591 4,323,811 12,941,888 21,066,520 11,053,103 87,621,920 100 share. 110 50 300 25 25 68 165 25 69 60 25,899,890 100 28,330,866 78,273 100 sa 550,000 1,050,000 o 50 DIST.0F COLUMBIA °theMarch^i0nS National Banks State ILLINOIS March 26 Institutions March 26 Nomi nal. Per share. 160,000 300,000 375.700 Washington— Per Hamilton Nat Bank. Liberty Nat Bank Lincoln Nat Bank McLachlen Bkg Corp Nat Bank of Wash- 145,000 * 86,232 510,274 622,761 326,508 1,169,520 500,000 471,755 400.000 978,944 233,016 821,630 208,356 1,870,850 340,000 a 1.050.000 200,000 800,000 Nat Oapltal Bank Nat Metropol Bank. 2,149 ,020 10,114 ,912 5,750 ,111 4,177 ,288 28,461 ,342 7.975 ,359 11,723 ,223 5.976 ,705 11,160 ,523 2,455 ,604 28,974 ,273 100 share a Preferred Second Nat Bank Secur Sav & Oom Bk Amer Secur & Tr Oo. Nat Sav & Tr oo— Common Income debentures 3.000,000 1.000,000 500,000 a 510,000 3.400,000 a 1,000,000 250,000 2,000,000 1,000,000 1,000,000 Munsey Trust Oo Union Trust Oo Wash Loan & Tr Oo. 2,151,845 18,182,831 1,226,550 1,860,746 2,599,806 6,020,446 12,450,058 25,097,739 100 30 100 260 275 100 125 150 160 25 100 300 20 32 34 100 170 190 Avenue St Bk Oak Pk i380 ,000 100 200 Beverly State Sav Bk 100, 000 50 60 Oentral Nat Bank— 300, 000 100 121 Olty Nat Bk & Tr Oo 4.O00, •ion Aetna State Bank.. Am Nat Bk & Tr Oo 150 175 100 270 280 275 100 100 N 0 re cent 100 sa les 400 000 a 75,844 3,930,665 ,559,835 67,633,536 167,650 5,986,291 250,221 7,249,745 111,270 2,771,488 265,665 10,368,341 ,418,292 152.349,468 ,775,605 1301971930 555,684 t 439,182 76,132 3,703,528 a1,600 000 Austin 8tate Bank 200 nnn Oont 111 N B & Tr Oo 50.000 00ft Oont Nat Bk & T Oo 285 Preferred Drexel State Bank.. Drovers Nat Bank. 250, 000 20 101% Oommon 60 75 100 172 100 248 jlOO 195 100 50 75 220 20 40 State 240 250 First National Bank First Nat Englewood Halsted Exch N at Bk 100 March 26 * 96, 440, 1,000 30,000 a 000 000 000 000 200 000 200, 000 c Per Spr'field Atlantic Bk 50.000 1,519,593 1,781,189 1.554,489 37,133 60,973,958 31.223,989 42,013,888 1,127,554 10 100 25 OH 77,839 89 33 h 100 100 - - 100.000 203,216 1,977,653 25 91 ■ 175 200 18 40 27 Includes preferred stock or June 30, 10% 205 210 26 28 160 247 253 100 210 230 100 175 185- Group In Florida. Member of the Florida National Group. h Affiliated with the Barnett National k New stock. I Last sale. Bank of Jacksonville. Fla. n Dec. 30, 1939. Combined statement. U Stock all owned by Travelers Insurance Co. x Ex-dividend. 30 150 100 1939. g share 21 . 100 debentures outstanding. t Trust funds. 0 — 18 112 Affiliate of the First National Bank of Atlanta, Ga. r Florida Nat Bank — 15 107 3,661,943 1 20 \ 30 183,112 7,935,510 1,031,149 32,258,738 38,136,603 1021940290 781,782 5.222,368 280,963 7,478,258 e 100 Lakeland— - 10 Sale price, d Member of the Atlantic Jacksonville- 35 .* 100 b Retirement price, Institutions Nomi nal. Atlantic Nat Bank.. d3,000,000 Barnett n b of Jack. 1.500.000 Florida Nat Bank gl .500.000 23 30 100 85 100 104, 000 87 255 a FLORIDA March 26 *• 30 210 40 District Nat Bank— 187 1,500, 000 a 100 100 t Branch of Savannah. National Banks — Chicago220 100 100 9,690,996 8,811,136 54,460,294 100 100 200 113,242,655 f 100 488,263 433,226 5,478,557 1,398,630 2,881,487 6,225,638 2,798,921 10 Oosmopolft'n Nat Bk |5,568,122 47,537 225,528 278,701 193,926 First National Bank. a, 348.500 3t. Clair Nat Bank.. 150.000 100 Biggs National Bank Common 4,356,482 5,814,437 3,511,525 100,000 300,000 a 212,608 331,982 45,907 BellevilleBelleville Nat Bank. Nomi nal 475.000 250.000 100,000 1.000.000 les 100 142 242 72 *74" Belleville Save Bank. a 0 re cent • Did Second Nat Bank Columbia Nat Bank. Bank of oomm & sav share N 1,286,866 125.000 n 56,820 Preferred First Security Bank. Boise Trust Co 11.025,140 43 100 750.000 Merchants Nat Bank City Bans: 50 March 26 Aurora— a 60 State Institutions IDAHO Aurora Nat Bank. Anacostla Bank a* 80 55 Idalst NatBk ofBoise Nomi nal. March 26 17% 10% 100 BoiseCity— March 26 Wilmington— Nationat Banks 17% 10% 160 122,000 Common .. 7,127,565 2,221,365 2,094,409 1,288,696 3,758,101 tio 100 Nomi nal. National Banks March 26 Equitable Trust Oo. Security Trust on Wilmington Tr Co.. 170 3,609,091 105,994,370 332,860 5,367,356 267,704 5.641.397 a Oommon debentures Waterbury Nat bk— Central Nat Bank Farmers' Bank Industrial Trust Co. Union Nat Bank Delaware Trust Co.. 860 165 32 700.000 Waterbury Trust Co 840 100 27% 32 732,896 500,000 300.000 500.000 9 17% 32%: 260 3,609,091 105,994,370 t 10 100 94,835 1,646,540 10 277,667 7.106.396 110,000 First Nat Bk & Tr Oo Savannah— 100 1,354,159 200.000 Preferred... Colonial Trust Co f5.000.000 Otiy Bank 8c Tr Oo__ 100 1.000,000 Common 1,119,595 142,769 224,629 n 51,277 n 347,370 200,000 75,000 200,000 share 10% 31% 38,360,370 /100 1100 100 3,732,254 100 36,271,248 342,486 3,541,656 673,224 10,606,653 3,609,091 105,994,370 295,312 3,506,010 850,000 200.000 9 13,286,724 5,769,026 9,754,528 Bank & Trust Oo. fidelity Title&Tr Oo Stamford Trust Oo_. Oltls 8c Mfrs' Nat Bk 750,000 Merch 8c Mech Bank 3,462.037 1,808,671 192,697 c e2,000,000 Columbus Bk Ac Tr.. First Nat BkofOol.. Fourth Nat Bank Some Savings Bank. 4,976,344 422,505 475.000 990,000 a Hftiz & So Nat Bank. r5.00n.ooo Nat Exchange Bank. 9 250,000 Columbus— n 300.000 Per 100 122,178 823,578 3,609,091 105,994,370 t 10 10 6,810,395 128,203,194 n 1,000.000 11,599.514 Preferred Ga Sav Bk & Tr Oo.. Trust Oo of Georgia. Augusta— Georgia RR Bk & Tr 3,167,756 1100 1100 100 16,877,661 556,254 National Bank Union Bk & Tr Co.. Common 545 125' 100 50 Bk 170,000 170,000 1,453,700 Atlanta— American Sav Bank. 200.000 Cltiz A So Nat Bank r5.000.000 First National Bank 5,400.000 Fulton Nat Bank— w BANKS 104 National Banks March 26 ILLINOIS TRUST AND National Banks institutions March 26 State Surplus <% Deposits StaU IOWA March 26 Institutions March 20 Gross Profits COMPANIES Capital Par Cross Surplus & Profits Ask Bid Capital Bid Par Deposits Ask Nomi nal. 250.000 273,920 t 2,656,534 275.000 1 325.000 412,260 13,178,679 % Chicago (Concl.) Kaspar Am State Bk Lawndale Nat Bank Common... Preferred Liberty Nat'l Bank Per 20 5 8 (10 11 14 100 225 20 58 $ 125.000 200,000 Burlington— 465,038 1,668,658 300.000 - Lire Stock Nat Bank iio 1,000.000 13,150,242 28,494,897 62 Madison-Crawford 2,367,019 2,951,775 122,839 2,085,658 lo7,338 43,020 50,00 0 n 2,920.513 33,419,110 4,900,053 1,077,779 200,000 200,000 500.000 600.000 200,000 Natl Bank Main State Bank M erchandlseN at' IBk Mercantile Nat'l Bk. Merchants Nat Bk.. 200,000 400.000 Milwaukee iv N't Bk 200,000 400.000 Mutual Nat BkofOh Nat Bk of Hyde Park 200,000 Nat'l Builders Bank. if 500.000 500.000 Nat'l Boulevard Bk. 300.000 Vatlonal Security Bk MetropState Bank.. Mid-City Nat Bank . Nat Stkyds Nat Bk. 1,000,000 North Shore Nat Bk. Oak Park Tr ABav Bk Personal Ln A Sav Bk i Pioneer Tr A Sav Bk Sears-Oom State Bk. i 200.000 500.000 3.000.000 750.000 200.000 200.000 9kala Nat'l Bank.. South East Nat Bank South Shore Nat Bk- 200.000 200,000 120,000 dtate Bk of Olearmg. terminal Nat Bank. Unlv St Bk of Chic.. 200.000 i 296,000 300.000 Upper Ave Nat'l Bk. k Uptown Natl Bank 300.000 . 200.000 Western 8t*,te Bank. Amalg Tr Sc Sav Bk. Banco di Napoli Tr. Ohlc City Bk A Tr i 400,000 300.000 800.000 . Drovers Tr & Sav Bk i 544.000 East Side Tr&Sav Bk 200.000 Harris Tr A Sav Bk. 6,000.000 736,000 Lake snore Tr A 8 Bk i Lakeview Tr A 8 Bk. 500.000 Northern Trust Co.. 3,000.000 300.000 PuBman Tr A Sav Bk 206,670 5,668,815 298,517 6,709,927 1,390,785 22,445,806 592,178 17 <620,539 312,509 7,287,377 88,347 3,560.932 211,131 11,525,636 202,521 7,270,656 452,525 -12,318,618 141,578 3,705,050 256,473 6,834,707 960,364 17,361,176 318,002 9,195,616 1,599,320 42,579,800 110,081 5.094,822 542,682 10,060,841 1,670,079 6,975,353 854,649 22,483,257 391,316 11,226,193 85,904 3,398,761 296,030 8,834,508 74,858 2,431,911 101,786 • 3.156,834 418,987 6,918,750 396.224 7,029.498 472,397 7,700,796 383,265 9,688,904 203,836 3,918,448 486,291 9,301,438 445,134 5,481,801 1,208,240 27,223,455 491,706 12,506,601 81,794 1,230,621 11,556,278 268,636,905 397,1751 13,087,314 1,542,853' 33,011,446 10,540,592 338,869,728 444,5071 9,995,197 184,298 224,436 3,064.195 4,426,839 100 63,070 1,550,606 /100 200,000 500.000 n 250.000 n 173 100 100 165 120 270 280 City National Bank. 100 130 130 137 135 Coun Bluffs Sav 11k. 100 100 United State Bank.. 130 Council First Nat'l Bank Union Nat'l Bank Peoria— Cent Nat Bk A Tr Co 103,158 714,114 180,110 Com Mer Nat BkATr First National Bank. 2,000,000 660,000 855,044 1,131,071 1,701,900 200,000 I 75,000 150.000 Capital notes.. South Side Tr& Sav B Qulncy— B'dway Bk of Qulncy 111 State Bk of Quincy 100,000 200,000 I 125.000 200,000 100,000 50,000 200,000 Common Debentures Mercantile Tr A S Bk Peoples Bk of Qulncy S'thSideBk of Quincy State St Bk A Tr Co. 163,204 150.000 150.000 80.000 1 State Savings Bank. 100.000 85,037 1,896,035 100 100 110 Davenport— Davenport Bk A Tr. 600.000 2,089,238 31,052,364 100 87 27 125 15 92 200 215 Bankers Trust Co— 145 155 750.000 11,015,629 250.000 141,009 150,000 22,428,549 125 2,971,718 100 550.000 11,166,072 450.000 76,231 150 non 25,867,626 1100 1100 50 2,087,252 11 12 d 165 100 Common Preferred 112 Common Preferred 15 ""25" ~32* 25 35 Cap City State Bank 160 100 72 153 170 40 60 100 76 Common... Preferred 180 Oes TVToinesBkATrCo i First Fed State Bank 152" 157" 100 30 33 68 73 200 50,000 210 1,750.000 11,244,051 1.250,000 319,295 150.000 Preferred Val'oy Sav Bank First National Bank. 200,000 244,000 Third Nat'l Bank 100 Amer Tr A Sav Bank 500.000 500.000 Illinois Nat Bank... 300.000 Springfield MarineBk 600,000 i 250.000 First National Bank 110 120 Live Stock Nat Bank 100 23 28 100 302 65 285 565 312 70 50 50 100 100 100 Woodbnry Co Sav Bk 170 National Banks 180 N 100 100 rec 50 sa 18 19 50 51 50 Franklin Bk A Tr Co i Indiana Tr A Sav Bk. Lamasco Bank Exchange State Bank Security Nat Bank— River view State 60 "115"" 35 100.000 500.000 National City'Bank. North Side Bank i 223,500 35 10,174,324 5,626,443 13,241,210 100 180 110 120 100 130 140 100 Preferred Peoples Savings Bk.. Fort Wayne— 14,941,994 rioo 1100 8,285,911 , 1,200,000 200 100 280 N o 100 re cent 881,126 100 sa les 100 12,031,786 110( 1,376,296 405,733 100 2,728,224 100 State Savings Bank. 200 160 i 593,738 7.597,478 9,633,335 1,542.273 1,385,524 100 29,106,920 25,181,439 1,103.025 2,59^,225 100 59,240 215,042 611,182 200.000 500.000 100 000 100.000 1,042,615 1100 \150 35.875 ) 40,662 125 150 75 125 Wichita- 1.000.000 1.000.000 100,000 Fourth Nat Bank Kansas State Bank. share. 225 175 100 100 100 150 100 150 100 110.000 I 90.000 100.000 176,175 Common 33,375 100 Preferred 36,134 KENTUCKY March 26 Institutions State Dec. 30 Nomi nal. 100 J 778,617 0 Per 20 re cent 20 sa les Peep-Lib Bk A Tr Co OovlngtonTrABkgOo i i 517,500 150.000 i 210 35 10 30 6 300.000 3,283,969 100 133 135 83,604 1.597,589 10 1,269,157 375,416 262,689 245,000 12,916,241 3,154,415 3,003,383 3,786,494 50 4,662.126 5.557,608 6,236,204 1,754,106 100 280,732 250.000 First Nat Bk A Tr Co i share 180 16 489,854 343,917 329,342 75,368 200.000 CitizensNat Bank.. 1 15,685,176 a02H 101 i National Hanks Wayne Nat Bank 400,000 340,000 250 100 110 160 N Common 225 100 3,879,209 ( 62>i \ 62', 50 1,087,922 110 125 260,550 Seuthwest Nat Bank Union National Bank Preferred Union Stock Yds Nat 110 110 1,328,152 1,318.230 200.000 First National Bank. — '745,559 21,248,301 165 150 100 Covington— Lincoln Nat Bk & Tr 9H I20" 135" 2,253,520 2,815,161 51,020 100.000 I 100.000 50.000 Kaw Valley State Bk Merchants' Nat Bk_ Nat Bank of Topeka Institutions Dec. 30 100 ► 77.500 200.000 Common State 100 446,979 284,809 6,920 69,481 400.000 i Preferred 100 les 8M 100 1,322,286 6,804,011 5,215,182 o Guaranty State Bank 40 100 f 168,066 260,391 29,306 500,000 Central Nat Bank 190 50 r 150,000 150.00C 50,000 Fidelity Sav State Bk 769,883 349,797 534,078 r Topeka— 100 40 500,000 1 418,652 500.000 Mutual 1,665,000 100.000 Manufac'rs State Bk Central Trust Co Citizens State Bank. 11,585,270 6,139,095 9,607,933 173,778 73,000 229,796 503,283. > 275,000 First National Bank.. Old National Bank— Common.. i Bk. Leavenworth Nat Bk 115 50 30 253,471 , 10 12,378,031 1 10 2,990,528 100 share- re cent Leavenworth— 65 470,092 328,741 345,188 185,740 34,932 21,404 52,193 808,515 42,179 200.000 75.000 First State Bank Per Citizens Tr A Sav Bk 300.000 434.000 Preferred 25 N 100 100 3,662,859 4,743.366 sa Kansas City— Coaam'l N Bk of K C Common 65 20 100 30 Per 102,685 258.516 150.000 250.000 First National Bank. 60 60 100 Dec. Hutohinson— 20 15,202,516 1,294,489 1,387,128 1,422,578 1,044,113 13,247.592 1,801,026 Institutions 8tate KANSAS American Nat Bank. 75 3,977,796 / 66*3 I— 6,256.216 100 979,867 100 703,069 100 1,552,177 100 cent sa Nomi nal. les 65 f 50 o re 10 6,700,000 6,007,561 /llOO 100 7,638,163 100 6,667,808 2.608,660 100 ent 20 11,124,409 26,373,450 15,755,745 295,000 320,735 397,777 250,240 119,153 0 100 1,013,475 100 575 Nomi nal. 500.000 100,000 150,000 137,500 100 300 100 Kv&nsville— Citizens' Nat Bank.. n 400.000 250.000 300,000 i250,000 100.000 Toy Nat Bank Security Nat Bank.. 100 INDIANA 100 10,221,951 5,169,461 N "79"" "84 100 Tooeka State Bank.. National Banks March 26 517,745 178.676 300.000 Sioux City— 100 SpringfieldFirst National Bank. 1100 5,641,061 100 632,499 123,225 45,482,723 1100 Dubuque— 100 1,587,507 8,159,096 2,280,560 5,098,935 al00 880,955 31,870 n Trust Co: Common 20 a25 125 tewa-Des Moines Nat Bank A 100 100 100 a Cent Nat Bk A Tr Co 100 100 100 1100 20.000 0ea Moines— w&ockford— Illinois Natl Bk A Tr Co Swedish-Am Nat Bk. i 100 100 1,661,842 39,963 les 22 15,125 161,527 35,032 cent 90 107 126,483 126,049 o sa 20 Jefferson Tr ASav Bk Common N re 100 100 100 , 600.000 25 100 20 Bluffs- March 26 100.000 300,000 100.000 100 First National Bank. ElginElgin Nat'l Bank 100 77,123 82,723 Farmers A Merch 8 B Nat Bk of Burlington Cedar Rapids— Guar Bk A Tr Co Merchants Nat Bank People's Sav Bank.. ... Ft Nomi nal. Per share. share. 10 60 19 Dime Trust A Sav Bk 25,298 250,000 b 300,000 1,283,730 Debentures People's Tr A Sav Co Gary— Gary State Bank i Gary Tr A Sav Bk.. i 1,162,744 12,130,277 20 16,859,829 3,718,447 100 100 Lexington- 20 Bank of Commerce. 897,399 46,291 90 100 120 Preferred Flrzt Nat Bk A Tr American Nat Bank. Class A preferred. Fountain Sq State Bk Indiana Nat Bank.. Live Stock Exch Bk. Madison Ave St Bk Marlon Co State Bk. Merchants' Nat Bk. People's State Bank. Bankers Trust Co Fidelity Trust Co... Fletcher Trust CoCommon Debentures Indiana Trust Co Security Trust Co Union Trust Co 1,000.000 11,455,705 38,076,358 ( 10 725,000 1 10 100 100.000 121,163 2,481,671 100 4,000,000 8,992,037 142.528,373 100 i 200.000 201,935 1,301,246 100 50,000 26,733 1,003,476 100 i 65.000 12,446 586,431 100 1.250,000 2,388,117 36,418,868 i 325,000 60,975 2,374.122 100 100 500,000 380,844 3,483.626 i 282,000 143,785 4,839,179 100 1,500.000 11,233,480 760.000 1 000,000 1,175,962 i 399.200 76,205 1.000.000 2,640,207 38,438,537 /100 alO Security Trust Co '242" 250" 150 100 246 mm mm mm mm. 54 m. - 110 120 146 154 100 178 50 "67 100 300 320 93.096 City Nat Bk A Tr Co First Bank A Tr Co Merchants Nat Bank 500.000 600.000 191,336 492,969 248,429 136,185 Bk A Tr Co i < 250,000 200,000 3,391,372 4.927,623 11,035,854 4,850,890 5,363,743 Common .... Preferred c 100 N | 159,994 6.237,788 /100 1100 Common..... 750.000 Preferred 250.000 J 702,321 19,657,258 ( 20 1 10 300 100 100 215 225"" 355 365 282 290 123 126 10 17,447.776 1,452,504 100 1,795,703 6,029,673 3 3K 135 105 142 200 7H 25H 100,000 100,000 sa 0 les 148,900 510,217 100 too Pref. stock retirement price. & Oct. 2, Fidelity unified certificates. d New stock. Affiliated with the First National Bank of Louisville. Sale price. Citizens Union e Haute First Nat Bank— 100 70,959,794 1001 9,631,580 1001 43,177,392 100 26,273,767 2H 100 2.689,443 5,608,019 100 17,828,780 100 1,658.734 100 Newport— American Nat Bank. 100 Terre 1.000.000 3,146,877 2.000.000 1,740,246 I.000.000 2,665,976 395,266 Liberty Natl Bk A Tr II.800.000 300.000 148,885 Security Bank Kentucky Title Tr Co el.000.000 1,120,481 750.000 0 Lincoln Bank A Tr.. 689.010 100,000 Stock Yards Bank. 136,605 Louisville Trust Co. 11.965.000 01,143,920 525.000 United States Tr Co. 108,740 * re cent 240,000 250.000 4tf 105" Louisville— 100 Terre Haute— 103 8H 30 --• "16 Merchants Nat Bk.. 4tf 10 Fidelity A Colum Tr. First National Bank. Newport Nat Bank. 347,000 St Joseph «. mm South BendAmerican Trust Co.. < ! Citizens' Union N B_ mmmmm ... 97,592,485 4,370.848 34,459,265 Op Second Nat Bank Union Bank A Tr Co 18 17 200.000 340.000 1.000.000 150.000 150.000 500.000 Common 125 Indianapolis— Common _ Citizens Bk A Tr Co. 400,000 200.000 a /Title changed to La Salle National Bank May 1, June 30. 1939. /250 1939* 1940. g Bancorporation. ' i Common and preferred stock or capital debentures outstanding. A: Formerly the Uptown State Bank of Chicago, 111.; National Charter granted on March 30, 1940. I Last sale. n Dec. 30, 1939. o March 26, 1940. h Member of Northwest x Ex- dividend. may, 1940] bams am) National Banks State Institutions louisiana March 26 companies Deposits Par 105 i "'s7 massachusetts March 26 Gross Surplus A Profits Capital trust Gross Surplus A Profits Capital Ask Bid r 300.000 240,000 Preferred Louisiana Nat Bank Common Preferred . $ $ $ Common 300,000 200,000 New Orleans— j 768,910 share. Per 11,543,961 |10 20 25 J100 150 160 1,000,000 500,000 Hibernla National Bk Common.... Preferred 1,500,000 1.200,000 Nat Bk of Commerce Common 80 1 |2,101,355 34,075,972 J100 1100 60,634,034 100 IQ2X 25 ; 20 120 20 27X 25X ""25" "35"" 77 78 175 1.40 110 180 25 Shrofeport— First National Bank. Commercial Nat Bk. Oont'l-Am B A Tr Co 1.000,000 1,000,000 700.000 1,333,513 913,708 397,036 7.941.273 9,065,896 3.811,836 100 100 100 500.000 1.042,554 7,703,507 160,000 120,000 280.000 ,252.916 175,208 n 230,541 2,859,720 2,189,347 3,437,069 100 10 20 1,001,195 207.405 6,024,298 2,151,057 100 10 6 302,500 311,000 254,871 7.809.751 50 share. 100 200.000 300.000 32,546,178 22,704,185 9,729,439 Safety Fund Nat Bk. Gloucester— Oape Ann Nat Bank. 55 n 108 340 86 N GHoue Nat Bk of Glou lUuces S D A Tr Co d 100 100 100 112"" o ent rec les sa Haverhill— Haverhill Nat Bank. 27 /20 \20 1,500.000 11,770,880 59,701,846 1.200,000 3,426,633 231,403 208,000 2.800.000 7,523,356 141,842,725 Preferred. Louisiana SB & T Co Whitney Nat Bank.. 297,498 615,608 327.157 400,000 427,500 300.000 Fltohburg— | 602,996 Jl.713,383 Ask Per Fall River Nat Bank B.M.C. Dor fee Trust fall River Trust uo 10,569,628 Amer Bk A Trust Co Common Preferred Fall Elver— Bid Nomi nal. $ Nomi nal. Baton Rouge— City National Bank Par Deposits Merrimack Nat Bank Hoiyoke— Holyoke Nat Bank— Common... Preferred 50 Park National Bank Common. 100,000 Preferred 141,000 Hadley Falls Tr Co.. dl.400.000 Lawrence— BMrStateMer NatBk 600.000 2,498,208 (100 138,081 ... 65 tlOO 401,892 610,603,096 20 452,920 6,332,426 25 300.000 493,514 4,097,858 10 19 National Bank 1.000,000 Lynn— Mfr's.-Cent. Nat Bk d 500,000 Essex TrustCo 250,000 Lynn S Dep A Tr Co 100,000 Security Trust Co 400.000 728,049 13,274,028 25 24 26 217,468 6,649,295 517,644 5,700,457 701,125 6 3,612,007 909,615 6 9,614,015 20 16M 18 25 Lowell— Appleton Nat. Bank. National Banks State maine March 26 Union Old Lowell Institutions March 26 Nomi nal. Augusta— Per First Nat Qranlte Bk Depositors' Trust Co 700,000 710,000 513,111 740,409 8,459,467 10,356,616 share. 100 "38"" 'W 25 New Bedford— frlrst National Bank. Bangor— Merchants' Nat Bk. 1,000,000 200,000 Eastern Tr A Bkg Co Merrill Trust Co— Common 275,181 1,005,057 9,764,433 7,853,700 100 N o re 600,000 [e 657,551 400.000 Preferred sa les 1,000,000 Nat Bk of Commerce 400,000 600,000 200.000 515,667 213,204 978,201 374,516 200.000 350 50 50 6,948,579 20 10,189,595 6,327,527 12H 462,792 831,217 496,804 285 100 20 42 75,777 290 Six 6 8 cent 12,959,806 f 20 8,923.384 4,388,060 17,391,058 7,466,570 Warren Nat Bank... Salem — Merchants Nat Bank Naumkeag Tr Co— 100 105 1,890,415 100 21 24 25 41 39 250.000 125,866 3,782,982 7,256,726 10 10 201,104 15,419,770 31,706,176 15,045.252 14,221,755 2,512,847 248,467 344,662 2,407,518 4,527,361 100 1,143,577 282,374 14,287,375 5,593.882 34 50 969,481 100 43 20 250.000 200.000 Springfield Nat Bank dl ,800.000 960,456 Tnlrd Nat BfcT Co.. 1.500.000 3,298,858 Springfield 8 I) A Tr. 1,000.000 nl ,459,301 Union Trust Co 1,000.000 1,933,429 25 12" 11 Peabody— 20 100 L Portland— Canal National Bank Casco Bk A Tr Co First Portland NatBk 714,500 500,000 350,000 Merchants Nat Bk.. Safe Deposit Nat Bk 100 100 42 Common. Preferred.. ...... Springfield— National Banks State Institutions maryland March 26 Baltimore— Dec. 30 Bait Comm'l Bank Baltimore Nat Bank Common 500,000 383,215 6,445.499 600,000 11,248,740 41,567,694 Preferred 800,000 Calvert Bank d 533.688 11,030,424 370.000 Canton Nat Bank. d 196,815 250,000 4,051,280 Oarrollton Bk of Bait 80.000 257,124 1,803,876 First National Bank. 4.000,000 7,523,116 218,710,519 Nat Cent Bk of Bait. 400,000 536,546 7,294,035 Nat Marine Bank 600,000 811,044 5.971,921 Western Nat Bank 750.000 624,718 13,961,953 Colonial Trust Co 400,000 142,963 2,422,701 Equitable Trust Co. 2,000,000 1,356,339 42,455,173 Fidelity Trust Co 1.000.000 1,141,087 20,092,774 Maryland Trust Co Common 1,000.000 lnl760814 42,331,847 Capital notes 1,500,000 _ Mercantile Tr Co Real Estate Tr Co.. 1.500.000 600,000 3,902,919 275,616 2,000,000 4,215,255 3,000.000 n2,083,979 Safe Dep & Trust Co Union Trust Co Cumberland— First Nat Bank d 392,000 WestSprlngfluld Tr. Nomi nal. Per share. ' 27,273,719 1,578,948 46,055,446 50,080,336 201,911 6,029,015 89,416 1,665,955 178.374 7,332,829 10 5 J10 50 Worcester Co 58 100 50 20 100.000 1 99.500 500,000 Capital notes Second Nat Bank... 59 16 100 75 100 435 10 450 10 9X 100 95 (25 28 50 105 110 12 13 100 25 127,762 1,852,178 West Maryland Tr__ 150,000 Farmers A Merc Bk. Hagerstown Trust Co 90,000 367,000 200,000 150.000 n e "70" 100 190 195 10 7 10 N o re cent 50 104 108 20 51 53 10 Common Nomi nal. Per share. Boston— d Common . Beverly— Beverly Nat Bank.. Beverly Trust Co 500 .000 692,330 3,403,378 t5,000 .000 n5,226,364 400 .000 547,385 3.890,,000 n7.326,694 1.000 ,000 700,000 450,000 100.000 jnl487945 n 2,262,704 38,919,846 Harvard Trust Co gverett— Middlesex Co Nat Bk 40 X 23 25 500,000 n 455,709 g 520,074 10 13 14 1,572,880 f \ 10 3 4 10 5 7 2.000,000 ln2231921 (713,049,306 f 400,000 1 20 41 43 20 24 25 Common 309,660 226,340 Detroit Trust co— Common Preferred | 500,000 81,134 300,000 g 687,401 g 4,776,811 148,412 4,530,173 n 100 Nat Bank of Flint — None 100 205" 100 315 12,829,684 I \ Central Rank .. 250.000 . First Nat Bk & Tr Co d n 700,000 Peoples Nat Bank..— 400,000 Old 29 20 20 29 20 18 22 31 "25"" 20 11 13 24 20 "16 27 22 20 f Preferred Union Bank of Mich Michigan Trust Co. 1,000,000 1,125,000 250.000 l,200,00u 47,831,384 |n2479397 { 28 10 30 10 50 "22" 20 14 7,124,587 •20 28X 29,359,924 100 n 445,008 752,550 g 3,707,684 2,791,045 n 342,420 2,687.742 n Saginaw State Bank. d 225 Second Nat Bank 25"" 16 10 10H 12 10 14 x 16 357,000 1.250,000 * Sale a Stock has to be offered to board of directors. price. 304,550 4,111,994 1,713,214 100 200 e 107,015 100 160 d Common and preferred stock 500,000 600.000 502,134 562,872 8,415,504 6,970,053 20 37 682,275 *) 7,053,466 300.000 n 540,352 4,707,929 1.000.000 1,636,170 622,365,578 100 10 / 38 50 20 6 Includes e savings deposits. Retirement price. 460 20 22 SIX 83 i Dec. 31. 1938. I Last Sale. t Affiliate of First National 10 or capital notes outstanding. Dec. 30, 1939. / Convertible pref. stock entitled In liquidation to $20 g Trust balances. 455 £ Ex-dividend. 30 a Tr, Co. 300,000 100.000 1,891,447 9,585,551 9,527,337 Kent Bank— Common 100 818,781' 10,092,333 113,074 711,275 647,401 20 Grand Rapids— 2,683,311 floo.nnn 22,791,265 9,592,973 3,074,527 6,338,724 Saginaw- <10 9,337,959 91,722,179 150.000 899,298 392,131 77,511 436,378 <250,000 i 400,000 50 50 a400 Cambridge— Cambridge Trust Co County Bk A Tr Co. 39X Equitable Trust co— 140,260 Brockton— Brockton Nat BankHome Nat Bank "120" 125" 23,481,447 I 10 \ 10 16,730,595 473,693 Olt Com A Savs Bk. dl,000.000 Genessee Co Savs Bk 1.000 000 First National Bank 27,812 .500 53,624,941 726,387.290 12M 47X 48 X Merchants' Nat Bk. 3,000 .000 5.710.016 113,291,603 100 398 403 Nat Rock Bk of Bos 1.500 .000 3.156.017 33,793,868 20 67 70 Nat Shawmut Bank. 10.000 .000 20,909,397 212,310,212 12X 25 X 26 Second Nat Bank.. 2.000 .000 6,151,100 101,770,101 25 142 147 Web A Atlas N Pk._ 1.000 000 728,918 15,351,451 50 49 52 Boston 8 Dep A Tr.. 2.000 .000 4,087,548 41,486,752 100 a295 Columbia Trust Co.. 100 .000 234,599 100 2,440,615 D*y Trust Go 1,250 .000 1,777,792 15,554,397 50 Convertible pref.. Wiothrop Trust Oo_ 50 V 25 n Merch a Mech Bank State Street Tr Co.. U S Trust Co— 496,707,907 1 750,000 11,250,000 Un Guardian Tr On. massachusetts March 26 Pilgrim Trust Co 20 Flint— National Banks Fiduciary TrustCo. |14530391 500,000 1,200.000 Wabeek State Bank. Bankers Trust Co Wayne Oakland Bk. New Eng Trust Co. Old Colony Trust Co les United Savings Bank les 10 sa Nat Bank of Detroit- ... 10 20 8.250,000 9,211,875 Preferred 8 100 cent 10.517,485 0 2,160,000 ln4114479 163,961,159 1 3.570,000 1 3.000,000 5,472,849 153,004,585 Preferred 1,929.394 6,279,229 4,060,184 2,144,120 n Detroit— Preferred c25 100 972,437 n 100 Commonwealth Bank d3.600,000 n2,241,423 665,468,962 Detroit Bank— Preferred 65 share. 2,731,148 6,373,146 re 500.000 Common 115 129,837 359,486 268,504 91,596 30 Per 400.000 Common I15 Fr'k Town Sav Inst. 100.000 1 40,000 150.000 Nicodemus Nat Bk__ d Second Nat Bank Dec. 85,035 362,503 300,000 Mfrs National Bank. 4,144,995 1,602,689 State Institutions Nomi nal. Bay City— Bay City Bank Natl bk of Bay City People's Commercial a Savings Bank—. 100 26 4,928,456 5,263,829 423,067 61,602 10 10 I 16^ 263" 974,684 542,933 Hagerstown— 10 r in2508023 638,342,590 michigan March 26 70 ~260 j 117,739 Preferred .. National Banks 'l7~X 50 {.!? 100,000 126.000 Frederick Co Nat Bk Common Class A- 14 17 68 25 4,247,435 Capital notes Frederick— 1,000,000 1,500,000 34 25 100 150.000 291,000 Citizens' Nat Bank.. Farm A Mech N Bk. e 25 '60" Liberty Trust Co— Common 30 Tr Co Common 90 30 n 600,000 300.000 Guaranty Bk A T Co 2 10 200.000 300.000 Mechanics Nat Bank 90 50 10 k 25 25 Worcester— 120 100 194.250 10 100 — Machinists' Nat Bk. Bristol County Tr 27 Peoples Bank— Common Taunton k Units. n March 26, 1940. Bank of Boston. a share. * 1275 106 National Banks March 26 MINNESOTA Capital State Institutions March 26 Par Deposits Bid Duluth— Olty National Bank. k Duiuth Nat'l Bk I 150,000 2.000.000 100 50 Minnesota Nat Bank of Duluth.. 1,364,797 Minneapolis— Blooming'n-Lake NB 100,000 k 140,000 e 100,000 66,000,000 6 100,000 k 355,000 k 947,775 6 100,000 Hennepin State Bank Marquette Nat Bank Midland NatBk & Tr Minnehaha Nat Bk. N'western Nat B & T Common Preferred 400.000 Merc Com B <fe T Co- 10,000,000 Mercantile-Com¬ merce Nat'l Bank. 350,000 66Z3 5,000,000 14,581,113 131,089,157 /100 1,350,000 1,447,348 50,616 100,000 15,309 1,262,692 50,000 Produce State Bank Llndell Trust Oo les 100 North St Louis Tr Oo WebsterGroves Tr Third N'west'n N Bk 4th Northwest Nat'l. University State Bk. 79.600 ! 10X e First National Bank- (76.000.000 7,292,665 115,900 First State Bank q 100,000 i 268,610 EmplreNatBk&TrCo ek 455,000 * 256,937 Stock Yards Nat Bk 250,000 k 130,000 Preferred q\.000.000 . 5,803,959 0100 100 2,094,871 No re cent sa 731,400 297,000 1,019,876 13,754,362 8,361,438 510,348 253,200 320,000 238,000 235,441 109,083 3,320,405 3,138,328 4,541,545 500.000 300.000 First National Bank. Mercb NatBk&Tr Co 20 27 100 175 100 100 100 State Institutions March 26 share Per 4,875,586 0100 100 3,303,383 100 3,594,369 200,680 187,710 240,881 300,000 100,000 600,000 786,494 41,008 622,378 12,420,643 1,421,952 14,121,320 600,000 289,679 10,236,132 0100 250,000 190,000 | 250,460 7,975,078 1100 1100 N First National Bank. Miners Nat Bk Metals Bk 8c Tr Oo. 0 0 100 re cent 100 sa 0 les — Helena— First Nat Bk & Tr Co Union Bk & Tr Co— Onmrnnn • . Banks 293,722) 302,500' 5,604,947 5,391,416 147,225 State Institutions March 26 NEBRASKA Nomi nal. 65 / 30 \40 10 100 100 share. 75 '"12^ "l5~ 175 190 160 175 80 68 85 50 50 60 65 100 70 Vickaburg— First Nat & Tr Co... SH 31)1 25 150,000 100.000 i Sec Tr 8c Savs Bank. Meridian— Mer 8c Farmers Bank 3K 30»i n 25 100 State Institutions Dec. 30 10,281,647 18,348 636,021 Oltisens Nat Bank.. 36 130^ 132 X \100 642,659 Depot Gu Bk & TrOo Jackson-State N Bk. 20 100 2,762,107 11,099,466 2,319,158 17,063 458,570 70,259 0100 Per 50.000 100 200,000 Midland Nat Bank- 0 Montana Nat Bank. National Oommerc'l Bk&TrCo 358,814 6,376,056 3,243,605 105,737,648 3,113,912 39,579 4,360,979 312,337 2,973,944 229,985 c 5,238,129 1100 | 335,227 i 512,214 300,000 100.000 85 Butte— Jackson Pf nfapp aH 100 Nomi nal. Nomi nal. Capital National Bkffc Common 84 6 Billings— 100 28,969,174 100 5,171,484 100 2,104,509 142,368,796 0100 e*HH 100 2,364,400 100 8,524,224 6,371,321 elOO MISSISSIPPI March 26 81 20 MONTANA March 26 March 26 National Banks 34"" 100 290,000 589,500 139.500 * Preferred 100,000 First Trust. Co. ... National Banks Midway Nat Bank— Common... 32 10J4 Rochester— 159,971 200,000 First National Bank. 77,415 125.000 Union Nat Bank St. Paul— 1,120,744 American Nat Bank. *1.682,000 454,353 150,000 i Commercial State Bk k 75,496 DrovExch State Bank ok 200,000 120 20 300,000 100,000 Southern Missouri Tr k 1,577,884 elOO 3,006,358 elOO 1,324,658 135.716 150,939 65,233 100,000 125.000 100 Springfield— Oltisens' Bank Union Nat Bank F State. share. 215,966 4,354,747 924,324 16,735,546 9,238,326 c 433,814 3,095,002 11,604 40,841 3,564,891 5,970,666 270,680 c7,017,109 184,773.777 Miss Yal Trust Co.. 6,000,000 k Mound City Tr Oo 241,559 129,694 2,511,074 &100 1,951,682 39,778 46,519 1,920,122 elob 9,374,427 148,868,278 b 20 100 982,818 32,330 100 6,237,898 320,533 621,586 17,898,133 el 00 2,058,160 6100 55,104 b Central Nat Bank— Fifth No'west'nN B. First NatBk& Tr Co 496.492 250,000 100 As* Per Chippewa Trust Co. * ■aston-Taylor Tr Oo k o Bid Par Deposits $ 500.000 1,000,000 1,000.000 sa 100 6,993,805 12,569,861 1,148,560 943,097 257,376 498,010 54,560 23,323 400,000 Northern Nat Bank. 1,000,000 100,000 Pioneer Nat Bank 100.000 Western Nat Bank.. lb I St. Louis (Concl.) Telegraphers Nat Bk Tower Gr Bk 8c TrCo United Bk 8c Tr Co.. N 100 30 Nomi nal. re cent First 8c Amer Nat Bk 2d N'west'n 100 950,373 7,565,459 1,961,700 30,834,169 43,324 346.715 90,000 Dec. Cross Surplus & Profits Capital Ask State Institutions MISSOURI Cross Surplus & Profits 100,000 600,000 COMPANIES National Banks March 26 Nom inal. Per share. Bank of Oomm & Sav ' TBUST AND BANKS Per share. LincolnContinental NatBk— Common 239,409 12,055,163 {100 \100 552,620 888.497 22,765,940 12,753,870 100 150 165 350,000 100 225 250 1,500,000 500.000 1,273,099 765,496 29,467,721 14,959,790 350,000 284,000 e Preferred First National Bank. Nat Bk of Commerce Omaha— First Nat Bank 1,000,000 Live Stock Nat Bank 1140 al00 20 160 49,817,822 {100 42 40 100 200 Omaha Nat Bank— 1,500.000 12,087,265 Common 215 U00 500,000 Preferred Packers' Nat Bank: 2,838,900 f 100 121,000 [ 79,000 50,000 Preferred South Omaha Sav Bk 74,394 400,000 I 170,000 Common 8 100 I 253,364 \100 924.201 53,777 25 Stock Yards Nat Bk National Banks March 26 MISSOURI Common State Institutions e Preferred March 26 \100 1,191,068 si.100.000 U S Nat Bank 8,007,680 {100 27,804,669 100 Nomi nal. Per Kansas City100,000 600.000 79,197 2,115,680 500.000 169,006 Commerce Trust Co 6.000,000 6,216,302 Cemmunity State Bk First National Bank. 100.000 2.000.000 500,000 Baltimore Bank City Nat Bk & Tr Co Oelumbla Nat Bank. Inter-State Nat Bank Merchants Bank 120 National Banks 375 410 March 26 100 78 85 361,698 100,000 200.000 Llnwood State Bank- 110 100 5,165,436 1,543,217 89,434 216,569 9,619,197 100 72,566 share. 100 2,389 ,194 33,197 ,081 7,017 ,849 187,938 ,767 1,354 ,095 133,091 ,273 24,940 ,672 1,695 ,349 3,366 ,020 100 100 NEVADA 147^ 157 M 100 70 455 475 First Nat Bk of Nev. d .100 295 325 100 Security National Bk 100 135 100 200 225 90 Reno- 1,413,384 20,302 600,000 100,000 32,800,900 100 1,181,874 100 Merc Home Bk & Tr 200,000 192.000 Common Capital notes I National 170 Banks March 26 NEW HAMPSHIRE , ' State Institutions March 26 Missouri Bk & Tr Co 110,000 90,000 50,000 200,000 100,000 Common Preferred Park National Bank. Plaza Bank of Oomm Produce Exch Bank- 43,166 109,209 109,021 57,555 100.000 Southeast State Bk.. South Side Bank— 130 1,618,972 /100 115 1100 1,930,726 100 100 120 3,239,520 100 95 2,461,598 100 "95"" 110 1,418,327 Nomi nal. Per Manchester— Manchester Nat Bk. Merchants Nat Bank Preferred Stock Yards Nat Bk. 293,293 616,435 /100 1100 100 8,287,804 174,011 Ii 8,807,294 62 H 25,962 50 65 "266"" 225"' Olty k 550,000 50 Preferred Union Av Bk of Com 1,000,000 I 1,000.000 100,000 758,506 University Bank Westport Ave Bank. Jt. Joseph— 100.000 100.000 : American Nat Bank. Burnes Nat Bank... First National Bank. First Trust Co 200.000 200,000 500,000 100.00C 238,266 277,208 461,135 163,610 FirstStJoeSt'kYdsBk 250.00C Tootle-Lacy Nat Bk. ■mpire Trust Co 200,006 200,000 129,000 Missouri Vail Tr Co. 27,708,326; J10 9X 10K <15 136,287 26,609 202,669 ! 101,011 287,526 133,123 97,396 100 150 95 100 100 8,084,307 100 N o 100 re sa les 100 280 300- 100 135 140 100 80 592,394 250,000 75,000 96,958 3,111,455 100 N 0 100 re cent 1,472,380 100 sa les Portsmouth— First National Bank. 200.000 New Hamo Nat. Bk. 30,863 100 None cent 100 100 3,808,714 9,909,609 0 re 600.000 SecondNat of Nashua 150 1,078,482 1,147,787 2,309,956 N 100 6,282,569 6,060,018 7,073,048 558,802 632,085 200.000 400.000 Nashua Trust Co— Preferred Common 100 Nashua- Common Union Nat Bank— share 5,556,088 2,800,807 3,337,827 957,209 620,062 282,054 200.000 150,000 200.000 Amoskeag Nat Bank Indian Head Nat Bk 50,000 50,000 400.000 Common Traders' Gate Nat'l Bank 69,989 , 4,152,556 8,248,933 2,637,324 1,107,452 105"" National Banks March 26 NEW JERSEY State Institutions Dec. 30 Nomi nal. s sa Per Atlantic City— cent les 100 400.000 Boardwalk Nat Bank 721,123 268,721 500,000 Guarantee Bk&Tr Oo Equitable Trust Oo— 100 225,000 1,184,566 Common 100 Preferred jc 86,794 7,065,145 6,102,960 share. 150 100 10 "~2X 3>4 1,294,835 {100 I 10 '"50c" "75c" St. .Louis— Amer Exch Nat Bank Asbury Park— 107,500 Common 200,000 Boatmen's Nat Bk.. Bremen Bk & Tr Oo. 2.000,000 {20 \20 400,000 Cass Bk & Tr Oo 300.000 First Nat Bank 10.200.000 Industrial Bk&TrCo 750,000 6 15,v 100 75 20 100 105 105 17 43 20 200,000 100,000 580,000 Common r 88,984 3,498,762 169,980 100 7,049,663 79 50,000 50,000 Common 8 5 3 3H Bayonne— * Broadway Nat Bk Bayonne Trust Co.. 200.000 400.000 33,995 419,320 2,007,413 9,813,314 c li 79,214 1,643,881 e 00 00 a 100 Bank 600,000 & Trust Oo 500.000 Manchester Bank— Mutual Bk & Tr Oo.No'western Nat Bk. Plaza Bank (The). Sec Nat Bk Savs&Tr 500,000 690,000 200.000 350.000 . 20 15 590,428 267,541 290,657 460,540 155,896 749,572 12,542,298 6,581,371 11,330,981 7,174.787 4,129,033 14,827,379 100 125 '82,140 3,583,882 100 50 248,918 5,335,204 20 19 100 49 20 21 20 25 k 419,000 i 400.0001 16 85 50 Oommerc'l 6 Retirement price. * Sale 50 100 "76"" price. March 26, 1940. d Owned by the Preferred rSouth Side Nat Bk— 70 10 b First National Group. "25"" Lemay Ferry Bk & Tr & Savs Bank 100 3,036,607 1,014,083 a Capital notes Jeff-Gravols Bank. Southern 5.953,217 180,472 115,730 fc 95 11" Jefferson Bk & T Co- Manufacturers 323,135 300,000 100,000 AsburyPkNatBk&Tr Asbury Park & Ocean Grove Bank... 34^ 100 80 549.975 Seacoast Trust Oo— 4 i 2,485,760 81,449 2,753,153 2,368,544 60,812,042 i 327,976 5,529,811 223,704 5,936,687 9,096,828 258,174,945 i 677,800 14,426,010 102,853 92.500 Preferred Baden Bank... Transamerica Corp., San Francisco, Calif. Member of Northwest Bancorporation. . • / Last sale. gMember First Bank Stock Corp. i Dec. 30, 1939. 51 27" k Preferred stock and common stock or capital debentures outstanding, 100,000 shares of beneficial Interest, which In turn shares of SI00 par stock of the Mercantile-Commerce National Bank of St. Louis, Mo., held by the trustees. n Price applicable to represent o s 3,500 American National Bank of St. Paul Member of the Guardian affiliate. Detroit Union Group Inc., Detroit, Mich. BANKS MAY, 1940] M National Banks *1 NEW JERSEY March 26 243,100 574,000 248,000 Camden— FIrstOamNatB&TOo d2,150,000 1,055,663 Farm & Mer Nat Bk. Jfc Merchantville National Banks 30 Par Deposits $ 102,383 229,449 126,511 Bridgeton— Bridgeton Nat Bank_ k Cumberland Nat Bk_ k Dec. 2,288,053 5,090,299 1,671,470 Ask Bid Nomi nal. Per share. 35 30 50 45 100 100 8 20 8K 25,393,255 12}* 1,449,216 36,198,742 1H East OrangeAmpere Bank & TrOo 200.000 •ft 482,308 164,050 5,949,726 5,878,011 100 100 1,034,812 610,961 577,447 9,812,449 9,991,707 7,887,857 100 d Binghamton— Preferred 311,765 18,784,703 I I 100 45 1 — 71,771 221,694 40,848 82,222 380,745 i ' 20 2,912,977 2 25 7,147,993 16,466,554 3,699,246 4,308,418 13,062,323 294,837 400.000 National State Bank dl.278.000 Central Home Tr Co d 500.000 Elisabeth Trust Co.. d 642,456 Union County Tr Oo <21.114.345 floboken— Seaboard Trust Oo. 500.000 12 _ 68 66 53.081.097 100 3,671,682 37}* 3 I I _ Mt. HollyUnion Nat Bk&TrCo Farmers' Trust Oo__ 200.000 100.000 465,239 116,856 150.433 650.000 541,548 5,167,096 9,526,371 31 25 35 250,000 242,500 75,000 415,263 150.000 49,618 395,964 53,437 600.000 Franklin Wash Tr Oo Mt Prospect Nat Bk. Nat Newark & Essex 884.000 122,837 Banking Oo National State Bank 3.000,000 500.000 Clinton Trust Co... d 526.980 Columbus Trust Oo. 301.000 Federal Trust do 1.622.500 Fidelity Un Tr Oo <27.000,000 Merch & Newark Tr. Union National Bk.. 2.500.000 <2336.300 800.000 1.022.425 United States Tr Oo. West Side Trust Oo. New Brunswick ' Nat'l Bank of NJ... t Peoples Nat Bk New Brunsw TrCoOommon Preferred 471.273 North & West Hu dson— IstNat Bk of Un Olty ! 289.283 2,150,440 150 90 200,000 440,891 250.000 149,035 108,392 537,602 524,347 15 1}* 2}* 1 3 64 60 100 510 100 25 h 16 8 19 6X 10 26}* 10 10 75* 27 5* 20 21}* 19"" 2l"~ 50 25' 25 5 11 9 N o re cent les 25 100 r 1 10 r30 10 " 100 4,738,330 19 5* 45* 21 H 59 10 <32 t 63 16 25 65 loo" 102}* 350 3 r20 8,104,106 4,304,398 .6,973,339 100 300 20 15 875,609 100 1,858,129 1,186,121 4,240,369 6,657,557 10 100 <50 i N 150.000 1.50.000 525,000 New York City- Deposits N 100 8 45 6,846,915 258,590 n First NBk of Rondo u t Nat'l Ulster County Kingston Trust Oo. 12,017,583 132,077 861,937 284,154 471,245 Bank of Kingston. Rondout Nat Bank. State of N Y Nat Bk 15 25 9 Kingston- 725"" sa 392,636 498,986 860,000 300.000 200.000 500,000 400.000 125 110 10 1.761,870 49,047,999 2,233,416 27,284,497 60,437 3,477,232 c 99,164 2,038,608 1,209,091 37,417,370 08,644,390 161,445,838 o 1,677,790 18,946,384 154,557 3,313.787 o 579,905 4,953,951 262,400 10,736,547 8 2}* The First Nat Bank. 100 25 7}* 10 25 Nat Ohautauq Oo Bk Union Trust Oo 10ft 50 1,224,806 10,186,415 7,203,688 1,251,452 10 12,964,835 Debentures "A"__ Debentures "B"_. 5 r 50 89 1660 Bank of Jamestown— Newark— Bank of Commerce of Newark Lincoln Nat Bank 50 100 1620 J am es town— }* 50 45 84 50 100 10ft 400.000 29}* 25 3,064,667 1,563,786 100 100 100 20 IthacaFirst National Bank. 5 50 7,648,730 6.755,228 1,692,905 10,109,673 75 100 331 11,860,506 16,367,473 Tompkins Oo Tr Co. { I 2,822,552 1940 50 2,124,070 1,153,875 10 Common 53,612,483 383,295 449,290 28,504 852,917 500,000 566,176 200.000 600.000 Lincoln-E Side N Bk d 200,00ft Mfrs & Trad Tr Oo5,000.000 Marine Trust Co <8.500.000 Elmira— Chemung Can Tr Co 800,000 Elmira Bk & TrCo.. 800,000 r30 4 __Morristown— First National Bank. National Iron Bank. American Trust Oo. Morris town Trust Oo .Debentures "B"" 36,397,514 / 25 \ 30 1,085,578 100 66.636.098 25 821,668 50 _ 3}* 2}* 1940. 184,800 3,654,700 3,446,521 146,549 3,290,800 127,800 381,500 4,344,500 255,700 9,495,100 363,300 6,344,600 7,045,263 123,594,008 6,512,400 54,502,600 2.200.000 13,103,223 51,373,150 2,500.000 158,528 2,178,123 7,952,417 97,380,004 6,750,714 166,378,787 Common 1 10 26, 4% Liberty Bk of Buffalo 3 ..... Jersey City— First National Bank. 2,225.000 1,478,919 d 200,000 n Franklin Nat Bank 93,811 Hudson Co Nat Bk Common 365,606 1,250,000 Preferred 1.500.000 94,251 100,000 Bergen Trust Co Commercial Tr N J 3.400,000 03,442,543 North Bergen Tr Oo. 21,678 100.000 Trust Oo of N J— Common 600.000 1,518,427 Preferred A 4.000,000 Long BranchLong Branch Bkg Oo 230.000 5,919 "15"" 1 "10 1250 50 t banks Mar 26, National Bensonhurst Nat Bk d 206.000 Citizens Bk of Bklyn 240.000 Flathusb Nat Bank. 225.000 Kingsboro Nat Bank 500.000 Lafayette Nat Bank. 840,000 People's Nat Bank. 550,000 Brooklyn Trust Co.. 8.200,000 Kings On Trust Oo_. 500,000 Buffalo— Elizabeth— Bllsabethport BkgOo d st Co. retur ns date Mar Brooklyn—State B ank& Tru 25* 15* 3 3,279,835 33 X 62,466 95,600 769,165 Sav Inv & Trust Oo: Common 10 Ask Nomi nal Per share. 400,000 600,000 <500.000 Auburn Trust Co. _ Bid Par Deposits $ 400,000 675.000 Auburn— Nat. Bank of Auburn City National Bank. First National BankMarine Midl'd Tr Oo 3H Dec. Gross Surplus & Profits Capital Institutions 30 State Nat'l Bank & Trust Oo_ d 220,000 49,841 Camden Trust Co... d2,734.750 ol,333,94Q _ NEW YORK March 26 Gross Surplus & Profits Capital State Institutions 107 COMPANIES TRUST AND re cent sa les 100 100 and York Ci ty banks are repo rted net 1940 Sur phis and p rofits are of date Mar 26 t di ridend record 26, 1940, for State banks ew are of May 2, 1940. for National and Mar. of banks and trust companies in New Yo found in our "Ra ilway" Sec tion, pages Amaig Bank of NT Y 52,100 650,0on Bank of New York.. 6.000,000 13,924,089 Bk of the Manhat Oo 20.000,000 28,627,040 Bank of Yorktown.. 807,415 1.000.000 City and Broo klyn m ay be 203,204,205 206. 207 an d 208. 100 7,445,900 414 424 218,709,000 100 17 10 18 588,888,000 42 o 7,613,659 662» rk o Chase Nat Bank 100,270,00' 153639738 2909400000 Comm'l Nat Bk & Tr 8,570,558 115,237,000 7,000,00° Fifth Ave Bank 4,253,962 55,501,000 500,000 First National Bank. 10.000.000 108554 957 688,860,000 Grace Nat Bk of N. Y 2,222,775 039,097,099 1.500,000 Merchants BkofN.Y 300,000 o 6,020,600 400,000 Nat. Bronx Rank. d 311,700 olO,155,900 745,000 National City Bank. 77.50*1.1 M I'' 83,484,856 Nat8afetyBk& Tr Co dl .014,300 985,700 Penn Exchange Bank 291,000 d475.000 Public Nat Bk&TrOn 7.000.000 10,066,092 Schroder Bkg Corp. 5.000.000 3,303/295 1 500.000 "Herling Nat R A T 2,552,755 Trade Bank & Tr Co. d 567,667 700,000 13.55 "36"" 100 207 34 201 760 100 100 1925 100 100 ilo" 799 1965 120"" 42 46}* 2433766000 12}* 28 o18,909,000 o 3,283,400 141,947,000 17}* 025,522,825 25 028,464,969 10 o 8,874,697 13 # 50 12l1 12 14 31}* 33}* 27 29 12}* 14}* Nat Bk of W N Y Common. Preferred Hamilton Nat Bank 100.000 42.750 Weehawken Liberty National Bk Guttenberg Oom-Mer Tr Un City Gutt'b'g Bk & Tr Oo 142,694 n 100.OQO i of ... 100.000 Weehawken Tr Oo 400.000 Huds Tr Oo Un Oity. dl,995,030 WoodcliffTrust Oo.. d 145.000 Passaic— Passaic N Bk&Tr Oo d2.000.000 People's Bk & Tr Oo 1.000.000 Plainfield— Plainfield Nat Bank. 425.000 Mid-Olty Trust Oo_. d lOU.OOO Plainfield Trust Co.. dl,150.000 State Trust Go 247.500 Paterson— First National BkOommon..... 680.000 500.000 97.000 290.000 600.000 Preferred Haledon Nat Bank.. Nat Un Bk of America Paterson Nat Bank.. Second Nat Bank Paterson Sav Inst .. > > o I 50 r50 28,993 1,425,131 100 82,354 285,973 160,394 359,100 1,113,898 24,732 1,418,578 12,047,378 4,337,439 8,994,531 26,958,228 20 10 100 10 25 1,516,929 30 2,585,796 420.508 169,544 64,184 637,060 58,010 | 607,572 62,178 43,827 1,538,488 898,728 1,196,429 1,500,000 d2,000,000 30 2,605,940 I }« 1.000,000 50 33,079 1,275,884 16,486,783 4,182,720 man 175 10 8 35* 25* 35 32 25 100 100 N o re cent 100 sa les 14,767,853 flOO 1 60 100 1,536,034 20 2,619,560 50 14,623,082 50 17,740,000 25 28,232,950 58 Common Preferred 100,000 45.000 , 528,349 6,577.884 "75" 100 12 "65" 28 3 o" 25 128,587 Common 600,000 528,223 Preferred 750.000 ...^ 8,817,198 25 7 6 rl2}* 121! 18 100 22 50 Trenton— Broad St Nat Bank. 977,500 Flrst-Mech Nat Bk. d3.123.000 Prospect Natl Bank. 200,000 Security Nat Bank.. 200.000 Trenton Banking Oo 1.500.000 Trenton Trust Co... dl .874,000 654,561 2,868,217 52,260 89,861 1,192.561 1,088,407 13,588,854 41,377,718 1,266.712 1,511,000 31,906,237 27,295,914 100 40 10 100 100 50 4 1 iH 15 20 45 2 106 Clinton Trust Oo Colonial Trust Go 50 32~" 25 10 10 J* d 334,600 725.000 470,000 1.000.000 Continental Bk&Tr. 4,843,834 4,000.000 Corn Ex Bk & Tr Oo 15.000,000 19,663,534 Corporation Trust Co 380,700 500.000 Empire Trust Oo 3.500.000 3,648,254 Equitable Trust Co. 392,600 500.000 Federatlc n Bk& Tr Oo 1,407,371 825.000 Fulton Tr'"t Oo 2.000.000 2,867,393 Fiduciary T» ;ist Oo.. 1,000.000 2,349,367 Guaranty Tr. st Oo. 90.000.000 185154 462 Hellenic Bk & Tr Oo. 1.000.000 390,372 Irving Trust Oo 50.0ftft.000 53,205,500 J P Morgan & Co Inc <720 000000 20.000,000 Schroder Trust Oo__ 2,284,735 1.000,000 Lawyers Tr Co-.... 2.000.000 1,951,500 . . Mfrs Trust Oo: Common 32,998,440 9,118,520 ^44765 203 8,297,900 11,076,800 66,953,210 338,316,537 55,400 68,540,164 6,600 11,175,080 26,813,917 15,721,246 2343234641 4,106,974 671,952,300 591,965,866 20,183,822 40,426,100 766,845,114 49}* 20 20 10 25 515* 1 13 5* 535* 100 h-M H»l 1 1 ; 11h— T'. Cr« 125* : 10 100 210" 225"' 100 100 30l 100 10 *l2"' "13"" 306"" 100 25 20 20 Marine Midi Tr Co 9,729,307 124,037,066 6,000,000 New York Trust Op 12, *>00,000 27,984,355 4,51,217,592 Pan American Tr Oo 157,900 600,000 5,383,000 Savings Banks Tr Oo d29,997.000 6,107,900 204,608,700 Title Guar & Tr Co— Common 6,000,000 4,145,952 22,419,084 Debenture notes.. 6,844,968 Trust Oo of Nor Am. ! 306,800 8,183,800 700,000 Underwriters Tr Oo. 17,748,833 1,000,000 1,144,292 rr 8 Trust Oo of N Y 2,000,000 28,837,687 100,545,139 Jamaica. L.l 10 5 25 25 29 32 I* U* IS 114}* a 200 12 25* 35* loo 80 100 100 1745 90 1795 — Jamaica Nat Bank., d * Sale price. 339.400 t Marine 3,688,000 Midland Corp. Only outstanding stock of People's Bank & Trust Co. of Passaic, N. J. Realty & Security Co. is $l par pref. stock of the & Mechanics' National Bank First Nat Bk & Tr Oo 100,000 200.000 Woodbury Trust On. 100.000 & 570,433 447,566 262,262 3,041,586 3,310,531 1,475,653 10 50 10 60 70 c NEW YORK State 250.000 1.500.000 :State Bank of Albany 2.000,000 First Trust Company dl .970.000 3,505.347 60,203,392 73,176,515 24,833,854 Institutions March 29, 1939. outstanding. / Reserves. business. 100 650 100 450 460 100 260 20 270 50 stock J. P. Morgan & Co., Inc., New York City, was authorized by the State Banking Department on April 5, 1940 to conduct a public trust company Nomi nal. Per share. 1,458,338 6,128,828 4.035,731 696,443 security 1939. <7 March 26 Albany— Mech & Farmers Bk. Nat Com Bk & Tr Co Includes Oct. 2, d Common and preferred stock or capital debentures e National Banks March 26 103 20 a Woodbury— Farm 595* 23 50 1 50 10 25 575* 20 2,000,000 12,251,534 107.267,002 . U S Trust Co— 17,438,124 & Co Convertible pref-. 160 50 600.000 594.000 ... Preferred 50 100 50 Cent Han Bk&Tr Oo 21.000.000 73,015,066 1155591482 Chemical Bk & Tr Oo 20.000.000 57,320,500 726,307,100 Oity Bank Farmers' Trust Oo 10.000.000 16,578,971 85,749,685 - Prospect Pk Nat Bk Citizens Trust Co— Common 4,244,100 15,838,781 B'kof Montreal Tr Co 639,000 1.000.000 267,900 Bankers Trust Oo... 25.000.000 81,587,900 1176278600 "to Bronx County Tr Co d2.642,500 234,500 23,887,300 New Brown Bros Harri- 2 32,480,648 125* 5,892,528 a 25 5,465,823 Trust co. returnsx date, Mar. 26, 1940 Bk of Athens Tr Co. 500.00ft 195,100 Banco di Nap Tr Co. 1.300,000 1,095,236 h Preference B stock. < I 23 Controller k Dec. n o r 31. by Marine ' Midland 1938. Last sain. Dec. 30, 1939. March 26, 1940. Preferred stock retirement price. Corp. 108 National Bonks NEW YORK March 26 Capital Surplus & Profits State COMPANIES TRUST AND BANKS National Banks Institution* March 26 Bid Par Per share. 79,003,576 I 20 ''■■■ i \ 50 34 37 50 53 894,096 16,807,154 10 16,698,206 32,189,091 e 175.000 e 50.000 500.000 150.000 2,800,000 2,000,000 Common 4% Conv.Preferred ?■ 226,226 ■ n prices share. 100 2,442,583 1,896,885 6,860,174 12 Genesee VailTr Co.. 62,160,000 / 562,680 Roch Trust 9c 8 D Co 1,000.000 3,161,971 Bank— Fargo National Bk.. First Nat Bk 8c Tr Oo Merch Nat Bk&TrOo Nom. Per $ $ 168,842 111,183 237,931 228,349 $ Forgo— Dakota Nat Ask Bid Par Deposits Ask Nomi nal. Rochester— Lincoln-Allia Bk&Tr Oross Surplus & Profits Capital Oross Deposits National Banks March 26 NORTH DAKOTA March 26 N 0 100 re cent 25 sa les 100 3.868,998 n Central Trust Co— Common 400,000 760,000 ... Capital notes } I 10 \ 10 ~io"~ 77 20 300,000 200.000 Common Capital notes..... Union Trust Co: Common J2,562,784? 3,000,000 800,000 Jl,139.713 200,000 253,590 J 285,302 400,000 Capital notes Schenectady— Mohawk Nat Bank— 356,075 524,234 1,485,517 ... Union National Bank Citizens Trust Co— 300.000 Schenectady Tr Oo_. 760.000 34,845,987 jlOO 800 1000 Per 47,406,719 10 5,824,864 Dime Savings 1 10 100 7,538,521 7,454,606 15,635,531 100 e e Geo. D. Harter 200"" 100 945,791 633,883 23,856,824 10,630,501 20 34 38 20 24 28 1,313,989 48,130,384 6 1,000,000 1,400,000 Capital notes Troy— Manuractur Nat Bk_ el .400,000 600.000 National City Bank. 6 600.000 Union Nat Bank 6 295,500 Troy Trust Co Common jl,169,976 1,692,866 936,000 202,494 196,582 29,041,310 IX 3X 7 {-!? 11 Bank CincinnatiNat Bank Olnn Bk & Tr Co— First Citizens Bk & T Preferred 1,000.000 990,000 Jl,969,265 639,841 600.000 1 160,000 Preferred 29 12 17 5 .40 Pft .60 (760 98,666 396,000 - 581,455 Capital notes Westchester Go— Bronxville— 4,908,960 20 3,995,194 I 35 10,655,669 147,386 198,747 3,558.144 4,373,819 728,435 147,914 984.521 11,519,512 3,283,774 6,189,857 100,564 379,454 36,542 543,680 o re cent lea J <25 200.000 / 234,095 350,000 117,414 20 9 100 175 100 100 120 100 22 32 2,213,456 4,546,282 1,674,342 15,030,442 1,770,639 2,608,494 200,000 350,000 Bronxville Tr Co Mount Vernon— 600.000 First National Bank. 6 Fleetwood Bk (The). 6 267,500/ Mt. Vernon Tr Co... el,050,000 New Rochelle— Central Nat Bank. « 115.000 First Nat Fj»nk 300.000 Husruenot Tr Co.. 595,526 New Rochelle Tr_. el ,600.000 149 154 5,794,128 10,836,548 2,456,874 3,231,339 47,356,476 20,505,488 8.437.197 11,426,832 76,410,494 114,166,721 100 95 100 50 225 50 5,712,032 275,768 500.000 . 600.000 2 e 14 IX IX 1 12j A* it* 50 70 29 20 10 20 Ossining— First Nat & Tr Co... 372,169 People's Bk 9c Sv Co e 525,000 1.800.000 £3,572,803 Prov 8 Bk & Tr Co. I,146,641 1.000.000 Second Nat Bank— 674,062 500.000 k Se Ohio 8 Bk & Tr Co 347,739 Western Bk 9c Tr Co el. 185.000 5.000.000 £2,459,142 Central Trust Co... Fifth-Third-Un Trust e6,700,000 £4,096.609 36,372 170,000 30,000 50 1,687,465 Equity Sav & L'n Co Lorain Street Bank. National City Bank. North Amer Bk Co. 755.570 100,000 500,000 505,976 300,000 Preferred 250.0O0 Brunson Bk & Tr Co 1,600.000 City .Nat Bk 9c Tr Co 100,000 Columbus Saving Bk 200.00d Fifth Ave Sav Bk Co b Huntington Nat Bk. e3.000.000 200.000 Market Exch Bk Co. 100.000 Northern.Sav Bk Ohio National Bk... 64.000.000 1st Nat Bk & Tr Co. c 45,300 50 10 4,325,805 8 12 6 2 2,053,900 12 H 413,065 176,250 45,026 66,498 5,186,695 2,736,144 15 3 6 10 1 3 500,000 190,000 Toledo— Commerce-Guard Bk Ohio Citizens Tr Co. 51,276 116,468 5,281,811 1,952,791 8 50 8 12 200,000 e 84,956 2,261,377 100 60 65 177,981 7,594.521 89 100 95 97 100 230 20 16 100 9 14 f 25 24 40 100 70 60 "28" 30 100 82 89 100 80 100 12 20 100 31,914 2,019,375 163,547 154,845 2.718,375 261,755 110,964 3.601,017 3,212,608 30,623.506 1.898.198 2,851.254 56,777,223 4,238.390 1,620,147 73.417,946 10 100 65 100 200 b 7.476,056 {100 "25 865,892 39,659,599 (100 \ 60 300.000 600 000 5,000.000 18,910,895 945,121 3,022,117 369.653 14,615.083 849,548 ,056,361 104,113,706 200.000 150.000 ... 204.658 5,438,436 580,000 Common ... 1.121 847 25 "26" 31 14,239,667 20 Yonkers— Central Nat Bank 350,000 674,760 6,375,231 10 24 28 First National Bank in Yonkers Yonkers Nat Bank & 300.000 887,178 9,999,691 10 19 23 Common..... 150.000 306,465 8,940,167 10 h. Preferred 700.000 20 20 Common 750.000 ... - Jfc 685,120 619,168 1,995,171 14,200,015 14,474,970 20,697,240 ! National Banks March 26 Per share. 30 225,000 4,000.000 20 Commercial Nat Bk. 500,000 300,000 530,799 719,870 2,975,650 13.849,513 7,467,410 77,499,503 100 208 100 290 100 306 69,402 1.626,873 1,168.688 13,585.564 2,164.696 100 25 70 72 80 20 19 21X Bank Depositors Natl Bk. 3 Fidelity Durham Bk & Tr Co Home Savings Bank Mech & Farmers Bk- 9 500,000 200,000 300,000 100 ,oon / 214,000 / 190,473 402.112 115.453 48,198 6,845.122 2,206,159 1.016,514 4,903.862 100 25 25 Wilmington People's Sav Bk & Tr Co.. — "46" 25 45" 30 10 282,944 486,680 15,111,982 10 "16'" se 780,000 1,724,022 19,909,433 25 72 75 e 100,000 300,000 178,974 770,718 3,172,085 6,778,400 25 10 30 30 35 35 400,000 100,000 100.000 Jl,144,409 20,381,208 flOO 250 275 (7160 \160 2,958,618 2,042,870 200.000 d 158,246 City National Bank. 200.000 128,888 4,208,174 First National Rank. Wachovia Bk & Tr— «4.275.000 3,108,557 108,616,275 25 '"15 "147" 100 Nomi nal. Per share. 100,000 100. OOP 291,127 316,963 3,101,379 2,794,343 199,964 442,654 458,507 2,978,766 3,611,530 5,092,867 100 100 100 125 100 125 125 150 150 6,538,530 100 150 200 100 N 100.000 300.000 400.000 200.000 First Nat Bk & Tr Co 5.000.000 5)0.000 Fidelity Nat BankLiberty Nat Bank.. el,200.000 100.000 Bk 500.000 60.000 25 re cent 100 sa les 151 348,692 4.310,076 283,380 10 24 50 50 100 180 210 53,954 472,709 57,276,057 6,768,904 20,665.677 1.650,055 15,023,228 100 100 125 100 1?0 21,957 1,142,542 100 100 200 125 3,284,678 54,535,935 1,050,829 n* 150 154 2.000.000 20 30 6,609,342 / 20 1 32 X 25 20 Fourth Nat Bank— 125.000 Common Preferred Nat Bk of Oom'erce e 175.000 350.000 J 364,588 97,594 20 4,787,679 Nat Bank of Tulsa— Common.. Preferred West Tulsa State Bk 200.000 800.000 246,630 100 Tulsa— Branch Bkg & Tr Co Preferred Institutions March 26 2,509.136 1,317.491 First Nat Bk & Tr Co 80 _ Nat Bk of Wilson... Winston-Salem— State 225,087 123,134 Stock Yards Bank Raleigh— First Citizens Bk&Tr 5 25 7,453,728 100,000 75.000 First, State Bank MoAlester— Tradesmen's Nat Greeusooro— Guilford Nat Bank— Security Nat Bank— 150 100 Guthrie— First National Bank. Oklahoma Nat Bank. Durham— 150,000 / 11 "ox "12" Oklahoma City— 200,000 1,200,000 186,906 OKLAHOMA First Nat Bk & Tr Co Institutions March 26 Stale Ashevllle— 3 10X 50 (4 25 Muskogee— First Nat Bk 9c Tr._ Charlotte— Bank. 55 First Nat Bk of McA Nomi nal American Trust Co.. '41* 53 1.212,500 City Nat'l Bk&Tr Co Union Nat Bank "36* 50 24 Commercial Nat Bk NORTH CAROLINA t 38 50 of Citizens National Bk March 26 94 Nat Bk of McAlester Trust Co—f Y 97 "29" 33'i Ben Own Tr Fund C-2 Ctfs J p 75 225 20 17,293,375 e 175" 185" 100 829,054 1,000.000 "21H "23" 100 100 368,140 1.250.000 1,200,000 Capital notes Mahoning Nat Bank el .58(5.000 Union Nat Bank 1.250,000 Capital notes T Co: County Trust Co "l8* 100 28 [ 92,000 / e 0 24 100 2,411,320 7,308,387 5,727,224 179,416,803 774,933 1,435,437 City Tr & Sav Bk— White Plains— Bank 5X 87 Voungstown— Dflllar Sav 9c Tr Co— Common e 150 4% 100 205,000 Toledo Trust Co.... e 160 130 750,000 200,000 — Spifczer-R T & S Bk. e 30~X 150 10 1.500.000 750.000 Common Common Pleasantvillt— Mt Pleas Bk & Tr Go Port Chester— 60"" "29" 100 148,193 477.000 £ 9.000.000 5,099.290 e 53,064 190.000 80,990 100,000 The Bank of Cleve.. Cleveland Trust Co 371,521.76 13.800,000 Common.. 13.300,000 Capital notes 34,209,863 Union Bk of Comm. e5.000 000 £3,045,031 3,089,059 321,075 900.000 Union Sav 9c L Co.. e Preferred Common 102 100 I 601,226 400,000 Winters N B & Tr Co 60 Westches Co Nat: 100 10 II.317,404 137,820,388 f 5.000.000 7.680.000 250.000 Preferred Preferred Common 384.448 300.000 e Third NB&TrOo.. Common _ 138 Dayton— Merch N B 9c T Co— 20 100 Peeks kill N B & T Co _ 220,638 1,375,749 217,352 310 95 Columbus— ... Rye— Rye National Bank. Rye Trust Co Tarrytown— Tarrytown N Bk & Tr 9 100 7,784,806 50 100 Jfc6211499 Tr Co Mutual Trust Co... 6 222 00O Preferred N Gramatan Nat Bk & Ossining Trust Co.— Peekskill— 85 10 145 100 Cleveland— \ 40 500,000 160,000 290 100 251,991 155,605 Central Nat Bank— sa 170,085 210,000 99,600 Common 60 100 e Clev Sav 9c Loan Co. Northern N Y Tr Co Common..! Wilson— * les 10,940,462 3,062,650 1,629,543 91,373,167 1,335,139 e Amer Sav's Bank— 10,559,798 [ 20 I 25 Water town- Wllm Sav & Tr sa 1,443,833 400,000 200,000 183.350 6.000.000 250,000 Nat Common Jefferson Co Nat Bk Watertown Nat Bk— Nat re cent 100 100 2,524,217 19,251.550 4,176,635 11,683,150 k 27 Oneida Nat Bk & Tr Common e Bk & Tr Co Bank.. Nerthslde Bk & Tr Co 21,794,636 i 25 25 13,053,223 6,259,398 16' 50 4,259,646 31,801,179 e Columbia Bk A S Co »irst National Bank. Guardian Bk & S Co. Werwood-Hyde Park Lincoln Utica— Citizens' 5 29,264,802 5,251,932 16,668,495 o 323.011 300,000 980.000 1,301,424 445,825 k 228,467 849,689 500.000 k Bank- First National Bank. First Tr & Sav Bk-.. glO 750.000 1.200.000 Syracuse Trust Co.. Preferred N First-Central Tr. Co. el ,050.000 1,448,153 118,064 l nn.noo Goodyear State Bk__ 600,000 k 823,333 Firestone Pk Tr&S B | <30 share 100 18,322,398 484,685 200.000 480.000 Common Capital notes 64,691,844 Common.. Peoples N B & 30 Nomi nal. Dime Savings Bk Co Atlas Byracuae — Lincoln Nat B & TOo Merch Nat B4TOo First Trust 9c Dep Co Citizens Institutions Dec. Canton— Common Preferred State OHIO 87 Akron- Security Trust Co— Preferred National Banks March 26 ..... 25 2,700.000 800.000 J3,446,035 nnn 16,405 66,269,351 I 10 1 356.898 "15" "26" 25 30 90 100 "u'a" a Reorganization of the First Trust & Deposit Co. of Syracuse, N. Y.» through a merger with the Baldwinsville State Bank of Baldwinsville, N. Y.» was to be voted April 5, 1940 by stockholders of both banks. b Member of the BancObio Corp. t Toledo banks on a p-ice r-mge basis, c Capital account. d Feb. 29, 1940. / Dec. 30, 1939. e Common and preferred stock or debentures outstanding. g Retirement price. h In liquidation. k March 26, 1940. i Controlled by Marine Midland Corp. r Reserves, n Member First Bank Stock Corn s Branch of Smlthfield. N. p o Proposed consolidation of the First National Bank of Harrison, N. Y., with the Rye National Bank, Rye, N. Y., under the latter's title, became effective April 20, 1940. p Subject to formal approval by State and Federal banking authorities, the Hartsdale National Bank of Hartsdale, N. Y., will through an absorp¬ tion of its assets and deposits by The County Trust Co. of White Plains, N. Y., become a branch of the latter institution. BANKS MAY, 1940] National Banks March 26 OREGON Capital Surplus & Profits AND State Institutions NaMarch26kS PENNSYLVANIA StaUMarch 20°™ March 26 Gross Par Deposits Ask Bid Eugene— Per $ $ 200,000 467,792 share. 100 8,546,363 Portland6,715,387 118,661,567 5,091,672 458,382 6,350,461 138,015,498 3.000.000 300.000 Doited States Nat Bk C4.500.000 100 160 170 100 45 50 20 38 39 Nom nal. Allentown— Allentown Nat Per bank Nat 2,033,323 2,017,648 1,334,785 986,132 1.000,000 i .000,000 450,000 500,000 Merchants Nat l Bk. Second Bank. Lehigh V all Trust Oo 14,546,065 9,517,902 5,816,778 6,708,604 share. 155 100 140 25 38 411* 10 20 23 100 90 105 First Nat Bank— Common 150.000 287,900 Preferred Altoona Trust Co— J 321,702 Common... 250,000 1 Preferred 263.390 249.300 ... Central Trust Co 504,123 7,003,937 J100 1100 4,684,739 I 10 1 10 293,602 105 100 3.052,788 100 12 14 "98" 165" 161,247 200.000 FItbI National Bank. dl.085,000 Lawrence Park N Bk 60.000 Marine Nal Bank dl,264.000 Nat Bk & Trust Co.. 821,094 46,623 351,704 306,195 300.UUU 1,324,177 10 15,113,015 100 773,468 100 7,718,118 66*3 4,215,677 16 Cominon 300,000 1 Preferred 359,585 15.508,781 I 101,791 1,698,937 729,100 (The).. d 200,000 Common.. Preferred Nor Side Deposit Bk Allison-East End Tr. 396,510 300.000 300,000 400,000 947,546 33,297 1,367,490 1,492,352 81,626 1,156,504 15,308,429 16,028,881 1,408,584 Dauphin Dep Tr Oo. 4UO.OUU H arris burg Trust Co Market St Trust Co. 400.000 225.000 a 50 7 4 10 10 14 121* 25 80 68 9 14 10 37 68 15 41 50 Washington Tr Co.. West End Bank WUliam Ponn Tr Oo. 400,000 0OO ,000 970,334 1,143,976 575.000 Common........ 300.000 88,820 300.000 Preferred "16H Northern Bk A Tr Co 11,077,238 11,608,106 9,400,238 20 50 /106 490,825 7,111,459 10 115H 240,423 1,794,059 10 10 3,040,000 City National Bank. dl.100,700 Corn Exch Nat Bank & Trust Co » 4.550.000 Kensington Nat Bk. dl.129.766 1.000,000 400,000 NatBkof tier ATrCo 64.356,954 10,117,292 10 50 9,844,732 126,915,331 146,060 5,175,494 6,694,059 111,496,982 451,895 9,953,281 4,510,569 39,576,900 2,526,417 15,283,000 Erie National Bank. d 440.000 First National Bank. r3.111 .oui Market tit Nat Bk.. 7,223,684 322,536 I 311* 181* 5 19$ 50 100 10 tiH 38 North Scrant Bk A Tr Providence 108,000 1 92,000 250,000 200,000 PfAfAPPAfl North Broad NaVlBk Northeast Nat Bank 83,368 2,395,794 223,292 240,831 2,344,897 4,283,862 f I 271* 251* 332 52 322 50 4 1* 10 10 51* ...... *4 10 60 302,500 I 160,228 3,427,593 Preferred 197,500 Philadelphia Nat Bk 14.000.000 28,862,885 576,235,482 d Roosevelt Bank 121,967 2.355,000 264,818,e ...... 71 68 f 25 Northw'n Nat Bk— Common 12 13 a25 25 20 50 50 74 50 25 30 a25 77 50 100 100 120* 50 100 100 100 50 "30" 130 38 78 85 835* ~60" 40 83 25 6.000,000 11,720,866 102,655,281 397,074 875.000 7,647,592 255,473 150,000 i 2,320,358 431,046 125.000 1,849,853 1.500.000 98,500,774 277,049,783 500.000 1,395,295 6,404,271 197,110 1,878,380 200,000 143,000 175.000 2,035,000 20 5 100 100 399,898 30 32 8 6 85 90 100 6100 100 10 6300 102 6 50 30 400.000 1,303,525 9,939,172 50 75 1.000.000 1,800.000 685,658 1,551,147 508,595 2,391,692 7,335,526 20,342,867 4,332,112 18,517,143 10 10 71* Iiv* 17M 212,280 5,994,102 25 25 18 25 60 21 65 35 40 100 300.000 1,170.300 112" 114 5 10 6 1$ 12 18 Bank... d 200.000 200.000 300,000 g 300.000 175,247 326,680 63,794 1,399,681 61,536,541 1,632,861 3,242,754 950,338 50 I 191.774 2,863,337 50 768,134 976,495 576,830 4,904,331 17,323,601 3,027,942 25 25 "4l" 42 43 25 58 62 188,020 1,990,853 25 4.050.000 50 15 27 26 23 8 Scranton Nat Bk— Common Preferred South Side Bk A Tr. Third Nat BAT CoWest Side Bank Penna Trust Co..... Preferred 200,000 50,000 400,00f 1,000,000 250.000 75 i 150,000 180,375 45"" 15* 25 Wilkes-Barre— First National Bank 1,157,856 148,707 5,933,775 2,544,112 326,025 709,275 2,587,528 10 4,918,389 5,744,104 20 25 30 10 19 20 213,726 2,300,648 10 5 71* 85* 378,653 36,613 670,383 208,887 512,728 972,501 557,119 791,454 1,407,321 . 9,579,526 1.430,681 23,591.757 15,547,519 4,384,796 7,704,702 221,927 381,785 434,535 750,000 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 Wyoming Nat Bank. 500.000 3,318,387 773,569 8,439,717 1,786,416 5,779,039 6,375,670 5,678,663 4,628,516 8,427,100 10 *20" 215* 100 40 120 48 50 80 83 100 200 210 130 50 25 161* 185* 50 50 55 Willi amsport— First National Bank 250.000 250.000 225.000 West Branch Bk A Tr 333 328 Nat'l Bk of Olney— ........ "16 50 WUliamsport N Bk__ 20 60 100 22 40 8oranton— Scr&nton State Bk First National Bank. Green Ridge Bank.. /50 Philadelphia— Central-Penn Nat Bk 25 \ 25 1,726,874 12,174,993 1,117,659 1,372,269 38,146,165 35,675,717 4,263,503 5,800,640 32,896,077 20.335,353 2,726,815 27,573,521 2,610,018 E 160 20 796,443 |, 1,935,880 / Worklngman's Savgs Common Fulton Nat Bank Lancaster Co Nat Bk d Farmers' BkATr Oo Common Oo South Hills Trust Co Union Trust Oo Lancaster— Conestoga Nat Bk share. People's-Plttsburgh ... 50 25 4,162,845 6,025,395 260,000 Potter Title A Tr Co d Provident Trust Co. 50 50 Per 100 25 Bank A Trust Oo. Berks Oo Trust Oo. 50 2,948,436 5,032,603 7,011,689 4,902,145 125,000 Central Trust Oo Citizens Trust Co 168,894 486,786 848,912 176,084 775,413 127,945 176,349 509,160 917,127 Allegheny Trust Oo. 700.000 Colonial Trust Oo d3.563.200 2,173,555 Oom'wealth Trust Co 1,500.000 2,715,302 Dormont S A T Oo. 128,853 125,000 i Fidelity Trust Oo 2.000.000 9,833,542 Manchester Savings Union National Bank Harrlsburg— Capital Bk & Tr Co. Harrlsburg Nat Bank 73,199 141,625 95,000 200.000 Pitt National Bank. 700,000 Polithan!a State Bk. 200,000 Sheraden Bank 50.000 Union National Bank 2,000.000 Union Savings Bank. 1.000.000 Western SAD Bank d 492.500 City Bank A Tr Co Reading Trust Co.. 50 t % Beading— Security-Peoples Tr- Union Bank % 7.500,000 39,443,516 385,253.308 Bank of America Bank A Trust Oo. ErieBank of Erie Ask Nomi nal. (Concluded.) Mellon Nat Bank... Tr Altoona— Bid Par Deposits Pittsburgh Mat First National Bank. Portland Tr A Sav Bk Cross Surplus 6t Profits Capital Nomi nal. First National Bank. 109 COMPANIES TRUST 7H 10 YorkCent Nat Bk A Tr Co Common Preferred Drov A Mech N Bk. Eastern Nat Bank.. First National Bank. Indus N B West Y K. Western Nat Bank.. Fork Co Nat Bank.. York N Bk A Tr Oo. Guardian Trust Co.. York Trust Oo 250.006 f 190,000 150.000 100.000 500.000 125.000 225.000 300,000 500,000 500.000 7/50 nnn 27 100 10 66 155* 10 188 25 10 W 15 100 20 25 193 56 H 585* 36 375* 55 575* 185* 175* Second Nat Bank- Common... 500.000 1 ..... Preferred 650,778 7,697,780 10 650.000IJ 41* 31* National Bank 10 South Phila Nat Bk- 200,000 \ 85,000 J 400.336 Preferred Tioga Nat Bk A TrOo d Tradesmen 'sN a tlona 1 Bank A Trust Co. 3,300,00b Wyoming Bk A Tr.. d Broad Street Trust.. Chestnut Hill T A Tr Citizens & So B A Tr 300,000 400,000 250,000 125,000 151,544 3.703,624 20 93,388 5,150.251 121,789 524.900 100,294 18,959 6.700.000 15,058,207 2,320,000 9,010,026 500.00U il .626,770 Germantown Tr Co. 1.400,000 2,140,034 Glrard Trust Co 4,000.000 10,173,653 Industrial Trust Co. dl.132,250 947,459 Fldellty-Phlla Tr Co Finance Co of Pa 2,507,899 25 49,855,687 100 3,175,006 37 H 2,530,457 20 1,672,953 50 618,514 100 130,275,060 100 1,155,030 100 12,059,371 10 22,226,427 10 10 123,665,059 11,966,499 10 51* 41* 126 123 121* Common 3,750,000 15,736,224 Preferred....... 7 8 11 13 12 16 252 149 257 154 39 40 81* 91* 60 62 3 4 3 35* _ 33,788,425 X 1,295,393 638,400 576,955 3,050,725 1,362,798 11,376,751 6,822,511 20,074,821 13,888,341 7,985,136 10 50 50 10 100 50 ilH 5320M «!* Penn W'h'g A S D Co Trust Real Est Tr Co..... Security Bk A Tr Co. Sonsitaly Bk A Tr Co Newport Nat Bank. Columbus Nat Bank: Common.. Preferred High St Bk A Tr Oo Mechanics Nat Bank Preferred NatBank of OomATr Pbenix Nat Bank Providence Nat Bank Industrial Trust Co. Lincoln Trust Co Rhode I Hos Nat Bk. 10 100 87 90 321* Onion Trust Oo 38 41 100 50 10 50 292 23 296 Woonsocket— Woonsocket Trust Oo d Bank of Ohio Valley. Dollar Savings Bank Deposit Nat First National Bank Nat 43* 243,272 3,112,807 271,772 1,420,035 200,000 101,158 807,190 953,279 11,183,082 ^ 6,214,150 56,181,455 6.000.566 11,194,918 106,049,057 6.000.000 7,194.216 115,138,689 50 50 10 100 500.000 300.000 __ Bank Hazelwood Bk (The) Freehold Hill Top Bank Homewood Bank at Pittsburgh....... Iron A Glass Do) »av 80,098 448,133 516,968 2,623,551 500^,000 1,158,162 94,361 267,759 1,744,691 111.435 1 88.565 120.000 367,500 132.500 850.000 125 a25 ""60"" 100 150 5,262,861 25 81 2,015,817 J10 10 86 12 alO 110 J 222,236 863,373 918,847 2,459,431 450.000 .500.000 .000.000 10,431,867 125.000 217,908 .500.000 3 176,821 .000.000 12", 170,331 .000.000 1,389,831 441.250 60 321,870 share. 30 5,032,709 50 f 25 "l20"" 15 20 \25 9,644,854 50 ""75— *82" 50 4,253,984 120 13,753,695 100 295 119,160,032 100 181 188"" 1,046,783 25 33 63,697,379 *100 42,884,203 1000 2356"" 2550* 24,194,054 100 135 3,624,544 100 1100 (6) 100 100 40 25 First Nat'l Bk 100 200,000 200,000 200.000 448,609 567,770 454,338 994,283 230,782 480.925 1,235,058 1,507,454 2,515,341 50 m m 71,413 375,295 1,749,100 4,342,018 50 100 20 105 300,000 75.000 317,269 4,640.284 50 50 282 750 5,754,075 9,161,576 3,300,812 100 100 175 97 25 5 50 ....... a 50 Sale price. Preferred stock b A mutual 800.000 150,000 268,895 252,223 220,316 51,115 ..... -m 50 a50" retirement 5,832,212 100 3,815.387 P100 10,421,346 flOO 100 1,383,741 N o re cent •a lea price. savings bank The United States National Bank, Portland, Ore., it was announced on March 29, 1940, has purchased the Ladd & Bush Bank of Salem, Ore., and will convert it into a branch bank subject to the approval of Federal and State banking authorities, c 10 . 385,000 250.000 mm m 65 100,000 200.000 500.000 I A Tr. d Nat Bk of So Dak... Northw'tSecurNatBk d Union Savings Bank. 175" 170 Nomi nal. Per share. Sioux Falls— 2 Keystone Nat Bk— Preferred 300.000 /25 20 ♦ Forbes National Bk. Fourteenth St Bank. Common. 6,052,256 5K Bank & Tr Co of East Pitts 361,444 NatiMarch26S SOUTH DAKOTA^^r' 200,000 100.000 Braddock Nat Bank First 400,000 1 175,000 120,000 24 PittsburghAllegheny Valley Bk. Arsenal Bank Farmers . Newport Trust Co.. Providence— Blackstone Can Nat- Rhode Isld Hos TrCo 8,400,000 16,100,735 278,706,338 750,000 1,199,008 561,493 3,200,000 12,336,421 56,310,339 1,500,000 2,562,468 10,558,637 300.000 331,026 3,946,837 125,000 35,866 1,057,193 Provident Preferred 311* on Lives A Grant Ann Per Common 7,275,000 1,000,000 Mitten Bk A Tr Co 1,500,000 Ninth Bank A Tr Co d2.200,000 Northern Trust Co.. 500,000 Nor Phila Trust Co. 500,000 Nomi nal. Newport— Aquldneck Nat Bank Common 151* Land Title Bk A TOo Liberty Title A Tr Oo eMarch '26*°! 10 8 30 Frankford Trust Co. Penn Co for Insur RHODE ISLAND S March 26 Common d Common and preferred stock or debentures • Dec. 31.1938. outstanding. / Member of Northwest Baneorporatfon 0 Oct. 2. 1939. < Dec. 30, 1939. * Stock all owned by Rhode island Hospital Trust Oo. 1 Last p sale. o New stock. Affiliate of the First Bank Stock Corp. BAMS 110 COMPANIES TRUST AND National Banks March 26 j ""iZZ&T* SOUTH CAROLINA state M"-' Surj)lus Profits Capital Gross & Par Deposits Bid 200,000 50,000 740,431 287,363 44,193 1,100,000 1,100,000 jl,261,013 1,090,000 Oitiz. & Sou Nat'l Bk Carolina Sav Bank.. Miners A Merch Bk. South Caro Nat Bk— Common Preferred _ $ 22,164,099 0100 6,052,570 100 487,336 100 39,285,331 /100 1100 Columbia— 171,087 268,534 200.000 35.000 First Nat Bk of Cot. Lower Main St Bank Greenville— First National Bank- 250.000 200.000 Peoples Nat Bank Spartanburg— Per share. 12 H 11X 100 110 125 125 17 19 Sam 6i y2 31 63 33 20 TENNESSEE 100 405,490 4,693,192 100 t 250,000 500,000 100,000 383,504 561,014 101,088 8,846,927 11,176,029 982,224 Common Citizens' Nat Bank.. Bank. National City Bank. 1,226,451 750.000 Hamilton Nat Bank. | 490,441 1,767,907 100 250 275 9,301,496 /100 150 165 12,073,674 100 48,625,561 100 67,552 50.000 d 149,662 200,000 HamiltonNationalBk 4 900,000 1,699,968 683,685 1.000,000 Park National BankBank of Knoxville < 100 1,464,352 3,522,410 6.25 100 26,847,685 10 13,516,416 Memphis— 155" 165" 175 250 10 260 14H 25,000 100 105 100 300 295 March 26 210 76,892,763 10 30 31 543,395 13,049,740 100 5,153,687 1,330,302 72,904,343 19,940,401 16,607,069 14,424,024 3,656,702 900.000 < 750.00U < 750.000 1,000,000 300,000 1.500,000 200.000 Capita] notes 807,089 1,236,822 269,204 J 893,307 29,869,262 80 70 10 h 22H 23 225 100 215 100 175 182J£ 100 200 210 100 130 140 128 138 jlOO 110 National Banks March 26 Slate Institutions VERMONT Dec. 30 Nomi nal. Union Planters' Nat'l Bank A Trust Co. 3.500,000 NashvilleCommon 3.000,000 11,593,213 Preferred 62,223,429 3,150,000 Broadway Nat Bank (100 589,992 995,277 300,000 Commerce-Union Bk lfiH /10 1,000,000 5,533,525 24,464,288 16H ----- 20 20 10 Per Barre— Granite S B A Tr Co American Nat Bank 21 Nashville Trust Co— 110,000 200.000 204.500 < Common 1,133,300 Preferred Third National Bank 1.000.000 1,614,352 10,207,543 (100 1100 100 30,749,560 (6) 105 3,861,464 2,816,229 2,028,280 491.500 600,000 150.000 678,649 521,762 82,362 449,528 6,807,062 6,654,156 888,134 3,336,932 100 100 40/.500 16,471 2,549,765 100 214,513 2,995,979 100 100.000 114,790 224,290 2,307,556 1,284,765 100 300,539 146,319 2,684,195 1,035,708 100 N 173,447 2,959,185 100 100 sa 166,921 2,158,394 100 Burlington Trust Co 260 <1,085.961 Montpelier— Capital S B A Tr Co 110 245 < National Banks March 26 TEXAS State Preferred Institutions Montpelier Nat Bank Montp'r 8 B A Tr Co < March 26 Austin— 523,248 895,337 800,000 American Nat Bank. 4 570,750 14,923,810 16,914,320 100 150.000 KlUlngton Nat Bank 100.000 100 400,000 400,000 200,000 Preferred stock— 174,165 100,000 Common 695,903 938,772 75,977 3,819,160 /100 ...... ...... mm mmm* ...... mm 25 20 ..A 30 10 125.000 207 500 Rutland Trust Co— 1100 les ...... 0 re cern Preferred 125.000 75,000 0 re cent sa Rutland Co Nat Bk: Capital Nat Bank— Capital stock N 40 100 100 614,951 Clement Nat Bank 100 100 RutlandNominal. Per share' 75 100 First National Bank Common— share. 100 592,979 293,606 171,195 150.000 169,800 People's Nat Bank.. Quarry S Bk A Tr Co Burlington— Dhlttenden Co Trust EUwardNatBkATrCo Merchants Nat Bank 500.000 Id 785,933 Austin Nat Bank share* 100 230 5,239,713 i <3,100,000 et 100 6,941,929 19,877,592 182,294 1,446,926 500,000 950.000 305 100 < 310 100 1,000.000 Bank 80 P < Bk NA Salt Lake City— Contl NatWkATr Co First Security Corp. of Ogden Pint National Bank Utah State Nat Bank Eton's Sav Bk A Tr Utah Sav A Trust Co Walker Bk 4 Tr Co: First Security Common 15K 54,853,993 34,190,755 1,404,268 100,000 1,200,000 Nat Bk of Commerce State Savings 170 30,000 2,554,679 2,238,484 50.000 d 93,637 First National Bank- Comm A Indust Bk. 215 100 Nomi nal. Knoxville— Uomm'l Bk & Tr Co. 50 100 March 26 Commercial Nat Bk: Preferred 190 88 100 State Institutions Ogden— 425,000 225.000 42,500,000 50 State Institutions UTAH Commercial Sec Bk Common mmmmm- 100 25 ...... Nomi nal. Per share. Chattanooga— Co.. 185 elOO 2,146,383 3,939,728 Waco 10 102 260 96,668 88,821 i South Texas Nat Bk- First National share 200 100,000 400,000 Houston San Antonio Nat Bk 11H Per 97 <1,084,000 March 26 Amer Tr & Bkg Ask 5,639,139 J100 1100 26,122,650 100 1,169,683 National Bank ofFort 10 x 20 3,029,651 147,011 I 300.000 Nat Bank ol Comm. 25 6,444,999 4,975,236 350,000 100,000 Common National Banks National Banks March 26 Bid Par $ San Antonio (Con cl.) $ Groos Nat Bank— Preferred 100 10 76,555 200,000 Com'l Nat Bank 6,118,575 1,537,226 615,170 587,482 - Cross Deposits Nomi nal. Nomi nal. $ Charleston— March 26 Surplus & Profits Capital Ask State Institutions TEXAS les 6100 Beaumont— American Nat Bank First National Bank. Secur St Bk A Trust 4 12,149,162 13,634,624 2,422,912 100 926,879 27,231,658 9,760,617 131,857,385 68,253 2,400,573 269,690 7,212,866 20 44 45 20 4 sy2 49^ N 100 National Banks rec ent 100 sa State Institutions Dec. 30 VIRGINIA March 26 les Nomi nal. Dallas— 1.000.000 Dallas Nat Bank... First National Bank Hlllcrest State Bank- 5.000.000 50.000 250,000 Liberty State Bank— Mercantile Nat Bk— 1,650,000 350.000 Common.. Preferred j 1,672,857 RepublicNat Bank.. 4,000,000 4,992,720 Nat Bank of Comm. 150,000 OakOUfrBkATrOo. Texas Bank A Tr Co: 200,000 d 411,615 99,688 100 20 39,515,301 / 20 1 20 20 88,743,536 7,034,850 100 20 2,643,489 "5W2 '5SH 40 ~~55X "57" 215 "48" 44 125,000 I d 102,573 50,000 Common 300,000 300,000 750,000 1.500.000 El Paso Nat BankState National Bank Fort Worth— Continental Nat Bk. First National Bank Ft Worth Nat Bank: 2.769,308 Trust Loan Bank 100 I 163 *£ 91,216 104,816 465,588 269,375 655,803 3,215,135 5 J 7H. 5 I 9H 100 3,835,731 35,863,157 18,979,836 2,315,229 100 39 39 K 10 15 H 15H 10 10 102* 100.000 _om'l Tr A Savs Bk: Lynchburg Tr A 8 B. Norfolk— 300.000 18,242,651 40,292,524 60 69 71K 20 46 50 47,597,385 f 20 ■a* 00 50 100 20 r 200,000 276,000 185,511 95,716 2,827,974 2,843,682 227,347 83,437 207,418 6,167,155 1,213,038 2,925,936 1 1 1 1 600,000 si,066,115 1,000,000 1,226,078 80,000 k 66,095 3.000,000 3,613,263 200.000 130,000 10,090,559 22,417,750 802,526 77,212,860 2,382,000 1,250,000 1,550,000 19H 56,680,886 f 121a [100 25 "77" 3,659,503 28 15 5,073,537 80 50 5,949,891 itizens Nat Bani etersb Sav A Am merican Nat Ban < . Citizens Trust Oc erch A Farmers! • 200,000 200.000 482,708 426,241 15,450,414 4,967,720 c Bank of Comm A r 100 . N 750,000 500,000 National Bank 4 432,953 865,199 250,000 324,734 11,661,564 12,364,332 7,169,460 100 20 les 200 18,068,162 cent sa 100 50 0 re 100 47 Mech A Mer Bank.. State-Plant | 659,776 ^dl,994,916 490.000 250,000 440,000 Jsl425,590 200,000 . . . . . 50 20 i Virginia Trust Co.. Roanoke— 405,096 262,836 882,363 200,000 > 59,814,171 /100 900,000 500,000 1,000.000 800,000 190 «I55" 1100 7H 10 N 50 o 100 re cent 100 sa les 20 41 44 20 10 36^ 38 20 5?* 53 20 29 30 Bk A T) First Nat Bank- 3,000,000 1,500,000 < 1 City National Bank: 500,000 100,000 s Riohmond— "115" 135"" Hutchings-Sealy < 124 Portsmouth— . City National BankFirst National Bank. 100 25 Petersburg— <500 10 100 1356 250 240 123 150.000 2,500,000 1,500,000 . 432,993 1,228,491 390,249 1,236,776 <140 60 485,614 1,011,148 1,142,942 131,630 250,000 Galveston— Preferred 4,530,928 4.507,873 A e 1.632,387 , Common 500,582 400,589 107,000 Co.. 35 100 2.000.000 12,409,680 500,000 Preferred 9,532 Fraternal Bk A Tr Co 15.420 Union Bank A Tr Co 4 215.000 i 79,709 Preferred 100 k 32^ I 20 12,508,108 22,488,750 677,210 Common Common 8,595,599 k Capital notes..... El Paso— U 8 National Bank-. Houston— Citizens State Bank- 618,975 600,000 500,000 . ynchbnrg Nat A I 155 1.000,000 National Bank, eople's Nat Bt eposltors Indu 41 share. Per Lynchburg— First s 454,928 1,816,178 396,453 20 J* '30"" 50 70 100 250 100 5,930,825 29,131,105 5,278,296 100 Houston Nat Bk— o Common Preferred Second Nat'l Bank.. Nat Bank of Comm. State National Bank Union National Bank South Texas Com¬ mercial Nat Bank- Fidelity Trust OoGuardlan Trust Co- Houston Land A Tr San Jacinto Nat BkOommon ... Preferred.. Port Arthur— First National Bank Merchants Nat'l Bk_ San Antonio- 632,500 I 271,966 367.500 1,000,000 2,025,407 42,500.000 (24,573,708 4 800,000 508,359 1.000,000 1,449,440 1.500,000 2,162,833 200,000 d 234,824 600,000 1,010,104 41,400,000 514,964 365,000 285,000 122,890 100,000 200,000 d 566,943 351,194 13,859,710 100 125 85 95 32,841,856 54,920,552 10.065,258 33,770,779 100 295 370 185 235 302 51,117,715 75,160 8,241,493 5,674,882 100 100 100 100 100 100 310 '155" 245" ... Preferred Preferred — Frost National Bank Per Seattle—First Nat Bk Nat Bk of Commerce Pacific Nat Bank 160" Peoples N B of Wash 80 85 8,981,813 /100 92 96 . Sumitomo B of Seattle University Nat Bank tioo Seattle Tr A Savs Bk 8,000,000 2,500.000 2,500,000 1,500.000 200,000 400.000 550.000 100 625 J 965,800 160 / 50 43 48 J 147,929 200 «50 230 1,420,791 3,004,672 I 50 39.391,095 100 34 36 "10" "2l" 65 70 held 30, 1939. e Corp. Preferred stock retirement price. /Member of Marine Bancorporation. g 200,000 75,000 1.200,000 r Member of First National Corp. d Dec. 18,636,427 J100 1100 41>* "177" i79~" National Bank of San Antonio, Texas, all by Central Securities Co. with exception of directors' qualifying shares. a 100 share. 40 K 20 7,194,660 180,280,946 4,089,583 86,805,486 / 25 1,648,321 26,491,175 100 20 950,459 29,355,871 2,486,395 100 121,219 20 5,684,884 222,366 50 8,657,660 551,306 a &>:■ t Stock of South Texas Bexar Co Nat BankCommon March 26 Nomi nal. & Member of First Security 500,000 819,400 State Institutions Seattle— 318 Alamo National Bk: Common. WASHINGTON 400 100 5,946,411 4,485,062 National Banks March 26 h Affiliated with the Citizens' A Southern Represents quotation for First National Bank of Atlanta, Ga. Utah, class A Security Corp. of Odgen, stock. < Common and preferred stock outstanding. k March 29, 1939. Peoples Corp. interests, r Member t Reserves. 0 Controlled by the Joseph F. Meyer 5 March 26, 1940. Mat, 1940] BANKS National Banks Capital Spokane— j, 691,806 \ Washington Trust Co Taooma— Nat Bank of Wash.. al,375,000 Pnget Sound Nat Bk a 730,000 March 26 6,822,970 100 24,862,213 Capital Stale Institvtions March 26 Milwaukee (Concl. ) J100 Teutonia A ve State Bk West Side Bank Wisconsin State Bk. first Wise Trust Co. 1100 8,575,384 100 22,439,368 100 7,931,201 25 VIlUjIlNIA Deposits Par Bid Ask a $ 392,300 400,000 300,000 1,000.000 $ 89,396 895,096 382,461 767,941 8 2,340,768 4,471,700 4,773,014 5,276,005 Per share► 20 7 10 100 160 190 20 100 35 38 1.10 .90 1.15 No 848.513 Cross Surplus & Profits Nomi nal. Na"T WYOMING 140 125 20 17 X Oheyenne— Per American Nat Bank. Stock Growers N Bk. VIDPINIA State Institutions Wtdi 111 WISCONSIN Ask Bid 1.083,285 293,023 ll/CCT March 26 National Banks Nomi nal. Per share. 50 45 No 245,008 50,000 200,000 __ Par Deposits 172,548 760,000 743.800 COMPANIES Cross Surplus & Profits $ 600.000 a National Banks TRUST WASHINGTON SmeMarc^26°nS March 26 First Nat Bk In Spok Old N B&UnTOo. Common Preferred Old National Corp— Class A Class B (voting) AND 250,000 300,000 390,459 305,998 5,888,835 8,546,730 share► 100 100 March. March 26 Nomt nal. Charleston— Per Charleston Nat Bk— KanawhaBkg&Tr Co Kanawha Valley Bk_ 23,560,380 6,078,762 1,404,494 23,737,117 130,333 3,913,937 319,931 s 1,122,528 500,000 1.000.000 200,000 Nat Bank of Comm. Central Trust Co 600.000 share. 25 1.675,774 447,528 1.062,500 100 N 100 100 100 sa Canadian Bank Statements o re cent Returns les are all of Feb. 29, 1940. Prices are percent, not per share. Huntington— First Hunt g Nat Bk Twentieth St Bank.. 1,000.000 cl,325,221 al09,550 58,352 17,742,655 1,076,742 12JS 20 "65" 50 WheelingCenter Wheeling Sav Half Dollar Trust & Sav Bank a 150,000 72,539 1,119,265 100 a 439,605 .500.000 500,000 100,000 300.000 87,395 746,953 671,002 121,710 803,649 2,178,653 5,421,874 5,740,151 1,145,079 5,526,716 25 Nat Bank ofWVa.. Nat Exchange Bank. i So Side Bk&Tr Co. Security Trust Co.. Wheeling Dollar Savs 100 NOVA SCOTIA 20 112 100 100 300 1,800,000 National Banks 2,936,446 21,721,898 WISCONSIN March 26 100 155 a Nat Bk of La Crosse State Bk of La Crosse Milwaukee— Amer State Bank Common Preferred Home Savings Bank. Kllbourn State Bk_. Lincoln State Bank: a Cross Deposits Par 302,154 78,659 367,994 180,862 200.000 305,000 156.809 3,055,412 20 25 173,977 4,010,086 100 55 20 4,893,221 100 1,267,405 6,380,083 elOO 3,076,225 100 Common 2,568,449 1,840,389 20 20 60,426 1,554,120 Marine Nat Exch Bk 2,200,000 Marshall A llaley Bk a2,925,000 Mitchell St State Bk. a 596,000 Bank..... a 2,246,595 2,091,896 15,269 92,610 40,117,088 49,679,587 2,467,072 3,505,476 1,878,531 2,285,208 20 ark Savings Bank.. ate Bank of MUw. a a 200.000 539,500 d 550,000 o Toronto— Bank of Toronto... 6.000,000 9,000,000 132,524,661 Can Bank of Comm. 30.000.000 20,000,000 555,136,513 Dominion Bank 7.000.000 7.000,000 117,665,560 Imperial Bank of Can 7.000.000 8.000,000 132,695,408 302 305 mm cent. ♦254 *169" 174 203 X 210 100 208 100 Banque Oanadlenne. 100 203 164 100 100 113X 115 100 174 QUEBEC 28 60 mm 16 20 45 22 20 18 36.000,000 39.000,000 774,032,438 7,000.000 5,000,000 133,841,587 Barclays Bk (Canada) 1,500,000 750,000 19,152,687 Provincial Bk of Can 4,000.000 1,000.000 47.155,784 Royal Bk of Canada. 35,000.000 20,000,000 775,864,898 48 . 100 4 mmm 10 20 a Common and 24 mmm 20 , 5X Per no par stock. * Sale price, preferred stock debentures outstanding, c March 26, 1940. d Oct. 2, 1939. 9 Member of the Northwest Bancorporation. i Member First National Corp. s Trust funds. 30 20 Per 100 100 100 Montreal— Bank of Montreal cent t Wisconsin Bankshares Corp. 84,232 71,481 100 Ask cent. les 100 50,000 lc 225.000 Income debentures N re sa t — 182,545 63,783 150,000 Per ONTARIO Nom inal. Per share. 20 25 500,000 175.000 400,000 100.000 a350.000 a 160 Bid March 26 7,500,000 17,185.869 243,692,459 / 7.500,000 1 — Northern Surplus & Profits $ $ $ Bank of Nova Scotia 12,000,000 24,000.000 256.827.795 State Institutions La Crosse— Batavlan Nat Bank. City Bank & Tr Co.. First Wise Nat'J Bk— Capital Halifax- & Trust Co Exchange State Bank 130" 124 100 100 25 t All stock held by Old National Corp. cent. 209 175 iSsffi s wm m m n